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
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
LAWRENCE & JANET DEE FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 58767   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SALT LAKE CITY, UT84158
A Employer identification number

87-6150803
B Telephone number (see instructions)

(801) 647-0604
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$57,844,626
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 750,702 750,702  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,622,990
b Gross sales price for all assets on line 6a 31,473,138
7 Capital gain net income (from Part IV, line 2)... 1,622,990
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)....... 1,022,433 1,022,433  
12 Total. Add lines 1 through 11........ 3,396,125 3,396,125  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 91,415 15,000   76,415
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 5,000      
b Accounting fees (attach schedule)....... 11,705      
c Other professional fees (attach schedule).... 525      
17 Interest............... 629 629    
18 Taxes (attach schedule) (see instructions)... 43,719 43,719    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 1,550     1,550
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 509,788 500,978    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 664,331 560,326   77,965
25 Contributions, gifts, grants paid........ 2,719,223 2,719,223
26 Total expenses and disbursements. Add lines 24 and 25 3,383,554 560,326   2,797,188
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 12,571
b Net investment income (if negative, enter -0-) 2,835,799
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............... 1,792    
2 Savings and temporary cash investments.......... 1,503,996 682,528 682,528
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...........   12,500  
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........   Click to see attachment31,404,765 36,546,368
c Investments—corporate bonds (attach schedule)........   Click to see attachment7,848,744 8,061,899
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 47,794,630 Click to see attachment9,334,127 12,553,831
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) 49,300,418 49,282,664 57,844,626
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 49,300,418 49,282,664
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)...... 49,300,418 49,282,664
31 Total liabilities and net assets/fund balances (see instructions).. 49,300,418 49,282,664
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 49,300,418
2 Enter amount from Part I, line 27a..................... 2 12,571
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 49,312,989
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 30,325
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 49,282,664
Form 990-PF (2014)
Form 990-PF (2014)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b) How acquired
P—Purchase
D—Donation
(c) Date acquired
(mo., day, yr.)
(d) Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
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 31,473,138   29,850,148 1,622,990
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69
(k) Excess of col. (i)
over col. (j), if any
a       1,622,990
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 1,622,990
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 2,549,154 54,085,078 0.04713
2012 2,525,310 52,696,931 0.04792
2011 2,318,329 52,716,551 0.04398
2010 790,070 48,589,736 0.01626
2009 642,106 14,107,411 0.04552
2 Total of line 1, column (d) ...................... 2 0.20081
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 0.04016
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 53,994,889
5 Multiply line 4 by line 3....................... 5 2,168,489
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 28,358
7 Add lines 5 and 6......................... 7 2,196,847
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,797,188
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 28,358
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 28,358
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 28,358
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 63,500
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 50,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 113,500
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 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 85,142
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet55,000 RefundedBullet 11 30,142
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
No
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletUT
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletNelson Murri CPAs Planners & Telephone no.bullet (801) 355-5113
    Located atbullet2180 S 1300 E 330Salt Lake CityUT ZIP+4bullet84106
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
    No
    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
     
    No
    .........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
    Thomas D Dee III Director
    4.00
    5,000    
    1575 DEVONSHIRE DRIVE
    SALT LAKE CITY,UT84108
    David Dee Director
    4.00
    5,000    
    1374 ARLINGTON DRIVE
    SALT LAKE CITY,UT84103
    Wells Fargo Bank NA Trustee
    4.00
    76,415    
    1 W 4th St 4th Floor MAC
    Winston Salem,NC271013818
    Matthew T Dee Director
    4.00
    5,000    
    3380 S Colemere Way
    Salt Lake City,UT84109
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    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
    53,292,062
    b
    Average of monthly cash balances.......................
    1b
    1,525,084
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    54,817,146
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    54,817,146
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    822,257
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    53,994,889
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,699,744
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    2,699,744
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    28,358
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    28,358
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,671,386
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    2,671,386
    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
    2,671,386
    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
    2,797,188
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,797,188
    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
    28,358
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,768,830
    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 2,671,386
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 2,663,059
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 2,797,188
    a Applied to 2013, but not more than line 2a 2,663,059
    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..... 134,129
    e Remaining amount distributed out of corpus  
    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  
    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 ..........
    2,537,257
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
     
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...
     
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......
     
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    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 e-mail address of the person to whom applications should be addressed:
    Lawrence Janet Dee Foundation
    PO BOX 58767
    Salt Lake City,UT84158
    (801) 355-5113
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER OF APPLICATION
    cAny submission deadlines:
    NONE, BUT SUGGESTED BY SEPTEMBER 30TH
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    OGDEN SURGICAL-MEDICAL SOCIETY
    PO BOX 9311
    OGDEN,UT84409
      501C3 GENERAL 2,500
    BOYS AND GIRLS CLUBS OF SALT LAKE
    669 SOUTH 200 EAST SUITE 100
    SALT LAKE CITY,UT84111
      501C3 GENERAL 7,500
    ENGLISH SKILLS LEARNING CENTER
    631 WEST NORTH TEMPLE
    SALT LAKE CITY,UT84116
      501C3 GENERAL 5,000
    GIRL SCOUTS OF UTAH
    445 EAST 4500 SOUTH
    SALT LAKE CITY,UT84107
      501C3 GENERAL 5,000
    JORDAN VALLEY CONSERVATION FOUNDATI
    8275 SOUTH 1300 WEST
    WEST JORDAN,UT84088
      501C3 GENERAL 5,000
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    6364 SOUTH HIGHLAND DRIVE SUITE 101
    SALT LAKE CITY,UT84121
      501C3 GENERAL 5,000
    NATIONAL CENTER ON SHAKEN BABY SYND
    1433 NORTH 1075 WEST SUITE 110
    FARMINGTON,UT84025
      501C3 GENERAL 2,500
    ODGEN NATURE CENTER
    966 WEST 12TH STREET
    OGDEN,UT84404
      501C3 GENERAL 5,000
    OGDEN-WEBER APPLIED TECHNOLOGY
    200 NORTH WASHINGTON BLVD
    OGDEN,UT84404
      501C3 GENERAL 7,500
    PREVENT CHILD ABUSE UTAH
    2955 HARRISON BLVD SUITE 104
    OGDEN,UT84403
      501C3 GENERAL 5,000
    RONALD MCDONALD HOUSE CHARITIES
    935 EAST SOUTH TEMPLE
    SALT LAKE,UT84102
      501C3 GENERAL 107,500
    SALT LAKE ART CENTER
    20 SOUTH WEST TEMPLE
    SALT LAKE CITY,UT84101
      501C3 GENERAL 40,000
    SALT LAKE CITY ARTS COUNCIL
    1340 EAST 100 SOUTH
    SALT LAKE CITY,UT84102
      501C3 GENERAL 2,500
    SALT LAKE CITY FILM CENTER
    210 EAST 400 SOUTH 9
    SALT LAKE CITY,UT84111
      501C3 GENERAL 10,000
    SALT LAKE SYMPHONY
    676 NORTH EAST CAPITOL BLVD
    SALT LAKE CITY,UT84103
      501C3 GENERAL 2,500
    SPECIAL PEOPLE LOVING OUTDOOR
    774 EAST 3300 SOUTH SUITE 105
    SALT LAKE CITY,UT84106
      501C3 GENERAL 5,000
    ANIMAL MEDICAL HEALTH FUND
    PO BOX 2344
    BREA,CA92822
      501C3 GENERAL 5,000
    UTAH ARTS FESTIVAL
    230 SOUTH 500 WEST 120
    SALT LAKE CITY,UT84101
      501C3 GENERAL 2,500
    UTAH CHAMBER ARTISTS
    11640 SOUTH LITTLER ROAD
    SANDY,UT84092
      501C3 GENERAL 2,500
    UTAH CLEAN ENERGY ALLIANCE INC
    1014 SECOND AVENUE
    SALT LAKE CITY,UT84103
      501C3 GENERAL 5,000
    UTAH CULTURAL ALLIANCE
    PO BOX 521185
    SALT LAKE CITY,UT84152
      501C3 GENERAL 1,500
    UTAH HEMOPHILIA FOUNDATION
    772 EAST 3300 SOUTH 210
    SALT LAKE CITY,UT84106
      501C3 GENERAL 2,500
    VSA ARTS OF UTAH
    230 SOUTH 500 WEST 125
    SALT LAKE CITY,UT84101
      501C3 GENERAL 5,000
    YMCA OF NORTHERN UTAH
    3098 HIGHLAND DRIVE
    SALT LAKE CITY,UT84106
      501C3 GENERAL 5,000
    YWCA OF SALT LAKE CITY
    322 EAST 300 SOUTH
    SALT LAKE CITY,UT84111
      501C3 GENERAL 10,000
    WEBER STATE UNIVERSITY SCHOOL OF NU
    4018 UNIVERSITY CIRCLE
    OGDEN,UT84408
      501C3 GENERAL 400,000
    UTAH HERITAGE FOUNDATION
    485 NORTH CANYON ROAD
    SALT LAKE CITY,UT84103
      501C3 GENERAL 10,000
    WASATCH PUBLIC MEDIA
    210 EAST 400 SOUTH STE 10
    SALT LAKE CITY,UT84111
      501C3 GENERAL 5,000
    WESTMINISTER COLLEGE
    1840 SOUTH 1300 EAST
    SALT LAKE CITY,UT84105
      501C3 GENERAL 25,000
    CENTRAL UTAH ART CENTER
    86 NORTH MAIN STREET
    EPHRAIM,UT84627
      501C3 GENERAL 2,500
    GUADALUPE CENTER EDUCATIONAL PROGRA
    340 SOUTH 1040 EAST
    SALT LAKE CITY,UT84104
      501C3 GENERAL 50,000
    NOVA CHAMBER MUSIC SERIES
    1375 EAST PRESIDENTS CIRCLE
    SALT LAKE CITY,UT84102
      501C3 GENERAL 2,500
    BALLET WEST CENTER FOR DANCE
    CAPITAL THEATRE 50 WEST 200 SOUTH
    SALT LAKE CITY,UT84101
      501C3 GENERAL 50,000
    STANFORD UNIVERSITY
    355 GALVEZ STREET
    STANFORD,CA94305
      501C3 GENERAL 100,000
    UNIVERSITY OF UTAH
    1645 EAST CAMPUS CENTER DRIVE
    SALT LAKE CITY,UT84112
      501C3 GENERAL 166,300
    UTAH SYMPHONY OPERA
    123 WEST SOUTH TEMPLE
    SALT LAKE CITY,UT84101
      501C3 GENERAL 150,000
    UNIVERSITY OF UTAH
    1645 EAST CAMPUS CENTER DRIVE
    SALT LAKE CITY,UT84112
      501C3 GENERAL 17,750
    AMERICAN CANCER SOCIETY
    941 EAST 3300 SOUTH
    SALT LAKE CITY,UT84106
      501C3 GENERAL 100,000
    MCKAY DEE HOSPITAL FOUNDATION
    4401 HARRISON BOULEVARD
    OGDEN,UT84403
      501C3 GENERAL 500,000
    UNIVERSITY OF UTAH
    201 EAST PRESIDENTS CIRCLE 201
    SALT LAKE CITY,UT84112
      501C3 GENERAL 50,000
    UNIVERSITY OF UTAH-CENTER FOR TRANS
    201 EAST PRESIDENTS CIRCLE
    SALT LAKE CITY,UT84112
      501C3 GENERAL 83,333
    WASATCH PUBLIC MEDIA
    210 EAST 400 SOUTH SUITE 10
    SALT LAKE CITY,UT84111
      501C3 GENERAL 5,000
    ABILITY FOUND
    5236 SOUTH GREENPINE DRIVE
    SALT LAKE CITY,UT84123
      501C3 GENERAL 3,500
    AMERICAN RED CROSS
    2955 HARRISON BLVD SUITE 204
    OGDEN,UT84403
      501C3 GENERAL 10,000
    ARTHRITIS FOUNDATION
    3650 NORTH UNIVERSITY AVE
    PROVO,UT84604
      501C3 GENERAL 2,500
    ASSISTANCE LEAGUE OF SALT LAKE CITY
    PO BOX 9353
    SALT LAKE CITY,UT84109
      501C3 GENERAL 3,000
    BAD DOG ARTS
    428 SOUTH 400 WEST B129
    SALT LAKE CITY,UT84101
      501C3 GENERAL 5,000
    BALLET WEST
    CAPITAL THEATRE 50 WEST 200 SOUTH
    SALT LAKE CITY,UT84101
      501C3 GENERAL 10,000
    BEST FRIENDS ANIMAL SOCIETY
    5001 ANGEL CANYON ROAD
    KANAB,UT84741
      501C3 GENERAL 7,500
    BIG BROTHERS BIG SISTERS OF UTAH
    151 EAST 5600 SOUTH SUITE 200
    SALT LAKE CITY,UT84107
      501C3 GENERAL 5,000
    BOYS GIRLS CLUBS OF SOUTH VALLEY
    PO BOX 57071
    SALT LAKE CITY,UT84157
      501C3 GENERAL 2,500
    CAMP HOBE
    PO BOX 520755
    SALT LAKE CITY,UT84152
      501C3 GENERAL 5,000
    CATHOLIC COMMUNITY SERVICES OF UTAH
    745 EAST 300 SOUTH
    SALT LAKE CITY,UT84102
      501C3 GENERAL 5,000
    COMMUNITY FOUNDATION OF UTAH
    423 WEST 800 SOUTH
    SALT LAKE CITY,UT84101
      501C3 GENERAL 7,000
    CROSSROADS URBAN CENTER
    347 SOUTH 400 EAST
    SALT LAKE CITY,UT84111
      501C3 GENERAL 7,500
    ECCLES COMMUNITY ART CENTER
    2580 ECCLES AVENUE
    OGDEN,UT84401
      501C3 GENERAL 10,000
    FAMILY COUNSELING SERVICE OF UTAH
    3518 WASHINGTON BLVD
    OGDEN,UT84403
      501C3 GENERAL 7,500
    FAMILY SUPPORT CENTER
    1760 WEST 4805 SOUTH
    TAYLORSVILLE,UT84118
      501C3 GENERAL 5,000
    FRIENDS FOR SIGHT
    661 SOUTH 200 EAST
    SALT LAKE CITY,UT84111
      501C3 GENERAL 6,000
    TRACY AVIARY
    589 EAST 1300 SOUTH
    SALT LAKE CITY,UT84105
      501C3 GENERAL 3,500
    GIVE ME A CHANCE
    2913 GRANT AVE
    OGDEN,UT84401
      501C3 GENERAL 2,500
    GUADALUPE SCHOOL
    340 SOUTH 1040 EAST
    SALT LAKE CITY,UT84104
      501C3 GENERAL 5,000
    HOUSE OF HOPE
    857 EAST 200 SOUTH
    SALT LAKE CITY,UT84102
      501C3 GENERAL 5,000
    INTERMOUNTAIN SPECIALIZED ABUSE TRE
    1555 WEST 2200 SOUTH SUITE A
    WEST VALLEY CITY,UT84119
      501C3 GENERAL 2,500
    INTERMOUNTAIN THERAPY ANIMALS
    4050 SOUTH 2700 EAST
    SALT LAKE CITY,UT84124
      501C3 GENERAL 5,000
    JEWISH FAMILY SERVICE
    1111 EAST BRICKYARD ROAD SUITE 109
    SALT LAKE CITY,UT84106
      501C3 GENERAL 3,500
    JUNIOR LEAGUE OF SALT LAKE CITY
    526 EAST 300 SOUTH
    SALT LAKE CITY,UT84102
      501C3 GENERAL 7,500
    KOSTOPULOS DREAM FOUNDATION
    2500 EMMIGRATION CANYON
    SALT LAKE CITY,UT84108
      501C3 GENERAL 7,500
    MALIHEH FREE CLINIC
    415 EAST 3900 SOUTH
    SALT LAKE CITY,UT84107
      501C3 GENERAL 5,000
    MIDTOWN COMMUNITY HEALTH CENTER
    2240 ADAMS AVENUE
    OGDEN,UT84401
      501C3 GENERAL 5,000
    NEIGHBORHOOD HOUSE
    1050 WEST 500 SOUTH
    SALT LAKE CITY,UT84104
      501C3 GENERAL 6,000
    OGDEN SCHOOL FOUNDATION
    1950 MONROE BLVD
    OGDEN,UT84401
      501C3 GENERAL 12,500
    ODGEN SYMPHONY BALLET ASSOCIATION
    638 26TH STREET
    OGDEN,UT84401
      501C3 GENERAL 7,500
    PLANNED PARENTHOOD ASSOCIATION
    654 SOUTH 900 EAST
    SALT LAKE CITY,UT84102
      501C3 GENERAL 5,000
    RAPE RECOVERY CENTER
    2035 SOUTH 1300 EAST
    SALT LAKE CITY,UT84105
      501C3 GENERAL 5,000
    REPORTORY DANCE THEATRE
    PO BOX 510427
    SALT LAKE CITY,UT84151
      501C3 GENERAL 7,500
    RIRIE-WOODBURY DANCE COMPANY
    138 WEST BROADWAY
    SALT LAKE CITY,UT84101
      501C3 GENERAL 10,000
    SALT LAKE ACTING COMPANY
    168 WEST 500 NORTH
    SALT LAKE CITY,UT84105
      501C3 GENERAL 5,000
    SALT LAKE DONATED DENTAL SERVICES
    1383 SOUTH 900 WEST
    SALT LAKE CITY,UT84104
      501C3 GENERAL 5,000
    SPY HOP PRODUCTIONS
    511 WEST 200 SOUTH SUITE 100
    SALT LAKE CITY,UT84101
      501C3 GENERAL 7,500
    THE ROAD HOME
    210 SOUTH RIO GRANDE STREET
    SALT LAKE CITY,UT84101
      501C3 GENERAL 6,000
    TREEHOUSE CHILDREN'S MUSEUM
    347 EAST 22ND ST
    OGDEN,UT84401
      501C3 GENERAL 5,000
    UTAH COUNCIL OF THE BLIND
    PO BOX 1415
    BOUNTIFUL,UT84011
      501C3 GENERAL 2,000
    UTAH FOOD BANK SERVICES
    3150 SOUTH 900 WEST
    SALT LAKE CITY,UT84119
      501C3 GENERAL 5,000
    UTAH HERITAGE FOUNDATION
    485 NORTH CANYON ROAD
    SALT LAKE CITY,UT84103
      501C3 GENERAL 5,000
    UTAH HUMANITIES COUNCIL
    202 WEST 300 NORTH
    SALT LAKE CITY,UT84103
      501C3 GENERAL 6,800
    WASATCH HOMELESS HEALTH CARE
    404 SOUTH 400 WEST
    SALT LAKE CITY,UT84101
      501C3 GENERAL 7,500
    WEST RIDGE ACADEMY
    5500 BAGLEY PARK ROAD
    WEST JORDAN,UT84081
      501C3 GENERAL 2,500
    WEBER HUMAN SERVICES FOUNDATION
    237 26TH STREET
    OGDEN,UT84401
      501C3 GENERAL 2,500
    ASSOCIATION OF SMALL FOUNDATIONS
    1720 NORTH STREET NW
    WASHINGTON,DC20036
      501C3 GENERAL 1,000
    WEBER STATE UNIVERSITY
    4018 UNIVERSITY CIRCLE
    OGDEN,UT84408
      501C3 GENERAL 50,000
    YOUR COMMUNITY CONNECTION OF OGDEN
    2261 ADAMS AVE
    OGDEN,UT84401
      501C3 GENERAL 25,000
    AMERICAN LUNG ASSOCIATION OF SOUTHW
    1930 S 1100 E
    SALT LAKE CITY,UT84106
      501C3 GENERAL 10,000
    UTAH CENTER FOR ADV NEUROSCIENCE LE
    1231 E 6600 S
    SALT LAKE CITY,UT84121
      501C3 GENERAL 5,000
    YCC OF OGDEN NORTHERN UTAH
    2261 ADAMS AVE
    OGDEN,UT84401
      501C3 GENERAL 35,000
    BRIGHAM YOUNG UNIVERSITY MOA
    474 MOA NORTH CAMPUS DRIVE
    PROVO,UT84602
      501C3 GENERAL 5,000
    INTERMOUNTAIN HEALING HEARTS
    PO BOX 581306
    SALT LAKE CITY,UT84158
      501C3 GENERAL 1,500
    PARK CITY PERFORMING ARTS FOUNDATIO
    PO BOX 1297
    PARK CITY,UT84060
      501C3 GENERAL 2,500
    TROUT UNLIMITED
    PO BOX 7400
    WOOLY BUGGER,WV25438
      501C3 GENERAL 20,000
    UNITED WAY OF NORTHERN UTAH
    2955 HARRISON BLVD
    OGDEN,UT84401
      501C3 GENERAL 5,000
    UNIVERSITY OF UTAH - SCHOOL OF MEDI
    1645 EAST CAMPUS CENTER DRIVE
    SALT LAKE CITY,UT84112
      501C3 GENERAL 50,000
    UT CULTURAL CELEBRATION CENTER FOUN
    3600 CONSTITUTION BLVD
    WEST VALLEY CITY,UT84119
      501C3 GENERAL 2,500
    AEROSPACE HERITAGE FOUNDATION OF UT
    PO BOX 612
    ROY,UT84067
      501C3 GENERAL 10,000
    ART SPACE
    230 SOUTH 500 WEST
    SALT LAKE CITY,UT84101
      501C3 GENERAL 10,000
    NATIONAL ALLIANCE ON MENTAL HEALTH
    1500 W 2200 S
    WEST VALLEY CITY,UT84119
      501C3 GENERAL 5,000
    THE NATURE CONSERVANCY
    559 E SOUTH TEMPLE
    SALT LAKE CITY,UT84102
      501C3 GENERAL 100,000
    UNIVERSITY OF UTAH
    1645 EAST CAMPUS DRIVE
    SALT LAKE CITY,UT84112
      501C3 GENERAL 13,040
    UNION STATION FOUNDATION
    2501 WALL AVENUE
    OGDEN,UT84401
      501C3 GENERAL 2,500
    FORT DOUGLAS MILITARY MUSEUM ASSOCI
    32 POTTER STREET
    FORT DOUGLAS,UT84113
      501C3 GENERAL 25,000
    NATIONAL ABILITY CENTER
    1000 ABILITY WAY
    PARK CITY,UT84060
      501C3 GENERAL 6,000
    ODYSSEY HOUSE OF UTAH
    344 EAST 100 SOUTH
    SALT LAKE CITY,UT84111
      501C3 GENERAL 6,000
    PEOPLE HELPING PEOPLE
    205 N 400 WEST
    SALT LAKE CITY,UT84103
      501C3 GENERAL 2,500
    SALT LAKE MUSIC SCHOOL FOUNDATION
    2599 EAST CAPRICORN WAY
    SALT LAKE CITY,UT84124
      501C3 GENERAL 2,500
    SEAGER MEMORIAL CLINIC
    2775 WALL AVENUE
    OGDEN,UT84401
      501C3 GENERAL 5,000
    SHARING PALCE
    1695 3300 S
    SALT LAK CITY,UT84106
      501C3 GENERAL 5,000
    ST ANNES CENTER
    137 W BINFORD ST
    OGDEN,UT84401
      501C3 GENERAL 2,500
    THE CHILDREN'S CENTER
    350 SOUTH 400 EAST
    SALT LAKE CITY,UT84111
      501C3 GENERAL 10,000
    UTAH NONPROFITS ASSOCIATION
    231 EAST 400 SOUTH
    SALT LAKE CITY,UT84111
      501C3 GENERAL 2,500
    VALLEY MENTAL HEALTH FOUNDATION
    1020 MAIN ST
    SLAT LAKE CITY,UT84111
      501C3 GENERAL 5,000
    WASATCH COMMUNITY GARDENS
    824 400 W
    SALT LAKE CITY,UT84101
      501C3 GENERAL 3,000
    WILD UTAH PROJECTS
    824 S 400 W
    SALT LAKE CITY,UT84101
      501C3 GENERAL 2,500
    ALLIANCE FOR A BETTER UTAH
    PO BOX 521847
    SALT LAKE CITY,UT84152
      501C3 GENERAL 5,000
    ALLIANCE HOUSE
    1724 MAIN ST
    SALT LAKE CITY,UT84115
      501C3 GENERAL 5,000
    ARTSPACE
    230 SOUTH 500 WEST
    SLAT LAKE CITY,UT84101
      501C3 GENERAL 10,000
    DISCOVERY GATEWAY
    444 100 S
    SALT LAKE CITY,UT84101
      501C3 GENERAL 5,000
    CHILDRENS SERVICE SOCIETY OF UTAH
    655 EAST 4500 SOUTH
    SALT LAKE CITY,UT84107
      501C3 GENERAL 3,000
    COMMUNITY NURSING SERVICES
    2830 S REDWOOD RD
    WEST VALLEY CITY,UT84119
      501C3 GENERAL 5,000
    CRAFT LAKE CITY
    351 PIERPONT AVE
    SALT LAKE CITY,UT84101
      501C3 GENERAL 1,500
    EYE CARE FOR KIDS FOUNDATION
    6911 SOUTH STATE STREET
    SALT LAKE CITY,UT84047
      501C3 GENERAL 6,000
    HELPING HAND ASSOCIATION
    974 S TEMPLE
    SALT LAKE CITY,UT84102
      501C3 GENERAL 7,000
    Total .................................bullet 3a 2,719,223
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............
             
    4 Dividends and interest from securities....     14 750,702  
    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.....     14 1,022,433  
    8
    Gain or (loss) from sales of assets other than inventory .............
        18 1,622,990  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   3,396,125  
    13Total. Add line 12, columns (b), (d), and (e)..................
    133,396,125
    (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: 14000265
    Software Version: 2014v5.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    LAWRENCE & JANET DEE FOUNDATION
    EIN: 87-6150803
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 11,705 0 0 0

    TY 2014 ExplnOfNonFilingWithAGStmt
    Name:
    LAWRENCE & JANET DEE FOUNDATION
    EIN: 87-6150803
    Software ID:14000265
    Software Version:2014v5.0
    Statement:
    Utah does not require a copy of the 990PF to be filed with their office.

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    LAWRENCE & JANET DEE FOUNDATION
    EIN: 87-6150803
    Software ID:14000265
    Software Version:2014v5.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    MORGAN STANLEY - 13146 7,848,744 8,061,899

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    LAWRENCE & JANET DEE FOUNDATION
    EIN: 87-6150803
    Software ID:14000265
    Software Version:2014v5.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MORGAN STANLEY - 13129 4,398,610 4,722,452
    MORGAN STANLEY - 13134 2,334,324 2,314,701
    MORGAN STANLEY - 13137 11,607,333 16,377,936
    MORGAN STANLEY - 13139 3,258 3,258
    MORGAN STANLEY - 13142 4,325,671 4,268,213
    MORGAN STANLEY - 13543 8,735,569 8,859,808

    TY 2014 InvestmentsOtherSchedule2
    Name:
    LAWRENCE & JANET DEE FOUNDATION
    EIN: 87-6150803
    Software ID:14000265
    Software Version:2014v5.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MORGAN STANLEY - 13131 FMV 1,004,056 1,003,882
    MORGAN STANLEY - 13132 FMV 5,805,440 8,466,476
    MORGAN STANLEY - 13136 FMV 364,364 370,382
    MORGAN STANLEY - 13143 FMV 249,208 605,552
    MORGAN STANLEY - 13145 FMV 201,336 459,424
    MORGAN STANLEY - 13213 FMV 81,260 86,573
    MORGAN STANLEY - 51011 FMV 1,628,463 1,561,542
    MORGAN STANLEY - 13127 FMV    
    ADOBE SYSTEMS INC AT COST    
    ALTRIA GROUP INC AT COST    
    AMGEN INC AT COST    
    AT&T INC AT COST    
    BRISTOL MYERS SQUIBB CO DTD AT COST    
    BURLINGTON NORTH SANTA FE AT COST    
    DIRECTV HOLDINGS/FING AT COST    
    ELI LILY & CO AT COST    
    GOLDMAN SACHS GROUP INC AT COST    
    HEWLETT-PACKARD CO AT COST    
    HSBC BANK USA NA AT COST    
    JPMORGAN CHASE & CO AT COST    
    LIFE TECHNOLOGIES CORP AT COST    
    MANITOBA (PROVINCE OF) AT COST    
    MANULIFE FINANCIAL CORP AT COST    
    NASDAQ OMX GROUP AT COST    
    NOVA SCOTIA PROVINCE AT COST    
    PEPSICO INC AT COST    
    PHILIP MORRIS INTL INC AT COST    
    POTASH CORP-SASKATCHEWAN AT COST    
    STRYKER CORP AT COST    
    TIME WARNER CABLE INC AT COST    
    VALE INCO LTD AT COST    
    VERIZON COMMUNICATIONS AT COST    
    VODAFONE GROUP PLC NEW AT COST    
    AMGEN INC AT COST    
    APPLE INC AT COST    
    B/E AEROSPACE. INC. AT COST    
    BIOGEN IDEC INC AT COST    
    BLACKROCK INC AT COST    
    BRISTOW GROUP INC AT COST    
    CAPITAL ONE FINANCIAL CORP AT COST    
    CHEVRON CORP AT COST    
    CIGNA CORP AT COST    
    COMCAST CORP CLASS A AT COST    
    CVS/CAREMARK CORPORATION AT COST    
    DISCOVERY COMMUNICATIONS INC AT COST    
    DOLLAR TREE INC AT COST    
    EXXON MOBIL CORPORATION AT COST    
    IAC/INTERACTIVECORP AT COST    
    JARDEN CORP AT COST    
    JPMORGAN CHASE & CO AT COST    
    MASTERCARD INC AT COST    
    MCKESSON CORP AT COST    
    NORTHROP GRUMMAN CORP AT COST    
    PHILIP MORRIS INTERNATIONAL IN AT COST    
    PHILLIPS 66 AT COST    
    POWERSHARES DB COMMODITY INDEX AT COST    
    STARBUCKS CORP COM AT COST    
    TEXAS CAP BANCHARES INC AT COST    
    YAHOO INC COM AT COST    
    ACTAVIS PLC AT COST    
    ADR NETEASE INC AT COST    
    AGNICO EAGLE MINES LTD AT COST    
    AKBANK T.A.S. AT COST    
    ALLIED WORLD ASSURANCE AT COST    
    AMBEV SA AT COST    
    BAIDU INC AT COST    
    BANCO DO BRASIL SA AT COST    
    BANCO MACRO BANSUD S A AT COST    
    BIDVEST GROUP LIMITED AT COST    
    CHINA CONSTRUCTION BANK CORPORATION AT COST    
    CIELO SA AT COST    
    CLICKS GROUP LTD AT COST    
    CNOOC - CHINA NATIONAL OFFSHOR -ADR AT COST    
    COMMERCIAL INTL BANK AT COST    
    COPA HOLDINGS SA AT COST    
    DPS CHINA MOBILE LIMITED ADR AT COST    
    GRUPO TELEVISA, S.A. - ADR AT COST    
    IMPERIAL HOLDINGS LIMITED AT COST    
    KB FINANCIAL GROUP INC AT COST    
    KIMBERLY-CLARK DE MEXICO S.A.B DE C. AT COST    
    KOC HOLDINGS AS AT COST    
    LUKOIL - ADR AT COST    
    MOBILE TELESYSTEMS OJSC -ADR AT COST    
    NEDBANK GROUP LTD AT COST    
    ORASCOM CONSTRUCTION INDUSTRIES AT COST    
    ORIFLAME COSMETICS SA AT COST    
    PENTAIR, LTD. AT COST    
    PHILLIPPINE LONG DISTANCE TELE -ADR AT COST    
    PPC LIMITED AT COST    
    PT ASTRA INTERNATIONAL TBK AT COST    
    PT BANK MANDIRI AT COST    
    PT SEMEN INDONESIA (PERSERO) TBK AT COST    
    PT TELEKOMUNIKASI INDONESIA TB - ADR AT COST    
    PT UNITED TRACTORS TBK AT COST    
    PTT EXPLORATION AND PRODUCTION AT COST    
    SANLAM LIMITED AT COST    
    SBERBANK OF RUSSIA AT COST    
    SHINHAN FINANCIAL GROUP CO. LT - ADR AT COST    
    SHOPRITE HOLDINGS LIMITED AT COST    
    STANDARD BANK GROUP LIMITED AT COST    
    TAIWAN SEMICONDUCTOR MAUFACTU - ADR AT COST    
    TIGER BRANDS LIMITED AT COST    
    TURKCELL ILETSIM HIZMETLERI A. - ADR AT COST    
    TYCO INTERNATIONAL LTD NEW AT COST    
    VALE SA AT COST    
    VOCACOM GROUP LIMITED AT COST    
    WEICHAI POWER CO., LTD. AT COST    
    WOOLWORTHS HOLDINGS LIMITED AT COST    
    WYNN MACAU, LIMITED AT COST    
    YPF SOCIEDAD ANONIMA AT COST    
    OAO GAZPROM LEVEL 1 ADR PROGRAM AT COST    
    ACL ALTERNATIVE FUND LTD AT COST    
    MORGAN STANLEY GLOBAL SECONDARY AT COST    
    MS CAPITAL PARTNERS V CAYMAN LP AT COST    
    MS CREDIT PARTNERS LP AT COST    
    MS OPPORTUNISTIC.LP AT COST    
    ACCRUALS AT COST    
    LAS VEGAS SANDS CORP AT COST    
    LULULEMON ATHLETICA INC AT COST    
    MERCADOLIBRE INC AT COST    
    SOUTHERN COPPER CORP AT COST    
    YUM BRANDS INC AT COST    
    ITAU UNIBANCO BANCO HOLDING S.A. AT COST    
    ACCENTURE PLC AT COST    
    ADIDAS-AG AT COST    
    AIA GROUP LTD-SP AT COST    
    AMADEUS IT HOLDING AS AT COST    
    ANHEUSER-BUSCH INBEV SPN AT COST    
    ARM HOLDINGS PLC- ADR AT COST    
    ASML HOLDING N.V. AT COST    
    ASSA ABLOY AB AT COST    
    BAIDU INC AT COST    
    BANCO BILBAO VIZCAYA ARGENT -ADR AT COST    
    BURBERRY GROUP PLC AT COST    
    CANADIAN NATL RR CO COM AT COST    
    CARNIVAL CORP AT COST    
    COMPASS GROUP PLC -ADR AT COST    
    DASSAULT SYSTEMES S.A. - ADR AT COST    
    DEUTSCHE BANK AG REG SHS AT COST    
    DPS CHINA MOBILE LIMITED ADR AT COST    
    EMBRAER SA AT COST    
    EXPERIAN PLC AT COST    
    FANUC CORPORATION AT COST    
    FRESENIUS MEDICAL CARE AG AND CO. AT COST    
    HENNES & MAURITZ AB AT COST    
    HONG KONG EXCHANGES AND CLEARING AT COST    
    HSBC -ADR AT COST    
    INDUSTRIAL AND COMMERICAL BANK OF CHINA AT COST    
    ING GROEP N.V. - ADR AT COST    
    INTESA SANPOLO-SPON AT COST    
    JULIUS BAER GROUP LTD. AT COST    
    KINDFISHER PLC - ADR AT COST    
    KOMATSU LIMITED - ADR AT COST    
    KONE OYJ AT COST    
    KUBOTA LIMITED - ADR AT COST    
    LVMH MOET HENNESSY UNSP ADR - ADR AT COST    
    MICHELIN (CGDE) ADR AT COST    
    MITSUBISHI UFJ FINL GROUP INC AT COST    
    NESTLE S.A. REGISTERED SHARES - ADR AT COST    
    NOKIA CORPORATION - ADR AT COST    
    NOVARTIS AG -ADR AT COST    
    NOVO NORDISK A/S -ADR AT COST    
    PACIFIC RUBIALES ENERGY CORPORATION AT COST    
    PEARSON PLC - ADR AT COST    
    PT BANK MANDIRI AT COST    
    PUBLICIS GROUPE S.A. - ADR AT COST    
    RECKITT BENCKISER PLC AT COST    
    ROCHE HOLDINGS LTD - ADR AT COST    
    SABMILLER PLC - ADR AT COST    
    SAP AG - ADR AT COST    
    SCHLUMBERGER LTD AT COST    
    SINA CORPORATION AT COST    
    SUMITOMO MITSUI TR AT COST    
    SWATCH GROUP AG AT COST    
    SYNGENTA AG - ADR AT COST    
    TAIWAN SEMICONDUCTOR MANUFACTU - ADR AT COST    
    TATA MTRS LTD AT COST    
    TENCENT HOLDINGS LIMITED AT COST    
    TOYOTA MOTOR CORPORATION - ADR AT COST    
    YANDEX NV AT COST    
    ACCRUALS AT COST    
    AKAMAI TECHNOLOGIES AT COST    
    ANN INC AT COST    
    AXIALL CORP AT COST    
    CADENCE DESIGN SYSTEMS INC AT COST    
    CARLISLE COS INC AT COST    
    CAVIUM INC AT COST    
    CENTENE CORP DEL AT COST    
    CHART INDUSTRIES INC AT COST    
    CINEMARK HOLDINGS INC AT COST    
    COMERICA INC AT COST    
    CUBIST PHARMACEUTICALS INC AT COST    
    DRESSER-RAND GROUP INC AT COST    
    EVERCORE PARTNERS INC AT COST    
    FINISAR CORP AT COST    
    FIRST HORIZON NATL CORP AT COST    
    FORTINET INC AT COST    
    FXCM INC AT COST    
    GANNETT INC AT COST    
    GENESSE & WYOMING INC-CL A AT COST    
    GULFPORT ENERGY CORP AT COST    
    HELIX ENERGY SOLUTIONS INC AT COST    
    HERCULES OFFSHORE INC AT COST    
    HUNTSMAN CORP AT COST    
    JDS UNIPHASE CORP AT COST    
    JONES LANG LASALLE INC AT COST    
    KBR INC AT COST    
    KIRBY CORP AT COST    
    KRISPY KREME DOUGHNUTS INC AT COST    
    LASALLE HOTEL PROPERTIES COM AT COST    
    LEAR CORP AT COST    
    LOUISANA PAC CORP AT COST    
    LPL FINANCIAL HOLDINGS INC AT COST    
    MEDIVATION INC AT COST    
    MEDNAX INC AT COST    
    MGM RESORTS INTERNATIONAL AT COST    
    NEXSTAR BROADCASTING GROUP INC AT COST    
    NPS PHARMACEUTICALS INC AT COST    
    PENSKE AUTO GROUP INC AT COST    
    PIER 1 IMPORTS INC AT COST    
    PINNACLE ENTERTAINMENT INC AT COST    
    PRIVATEBANCORP INC AT COST    
    QLIK TECHNOLOIGES INC AT COST    
    QUANTA SVCS INC COM AT COST    
    REALOGY HOLDINGS CORP AT COST    
    RF MICRO DEVICES INC COM AT COST    
    RYLAND GROUP INC AT COST    
    SCIENTIFIC GAMES CORP-A AT COST    
    SINCLAIR BROADCAST GROUP INC CL A AT COST    
    SMITH A O CORP CL B AT COST    
    SPIRIT AIRLINES INC AT COST    
    SUPERIOR ENERGY SERVICES INC AT COST    
    TENET HEALTHCARE CORPORATION AT COST    
    TERADYNE INC AT COST    
    TEREX CORP NEW AT COST    
    TESORO CORP AT COST    
    THE MADISON SQUARE GARDEN COMPANY AT COST    
    TRIUMPH GROUP INC NEW COM AT COST    
    USG CORP COM NEW AT COST    
    VANTIV INC AT COST    
    VERIFONE SYSTEMS, INC. AT COST    
    WHITING PETE CORP NEW AT COST    
    WISDOMTREE INVESTMENTS INC AT COST    
    ZIONS BANCORP AT COST    
    ARCH CAPITAL GROUP LTD AT COST    
    FREESCALE SEMICONDUCTOR LTD AT COST    
    ICON PLC AT COST    
    INTELSAT SA AT COST    
    LIONS GATE ENTERTAINMENT CORP AT COST    
    NORWEGIAN CRUISE LINE HOLDINGS AT COST    
    ORIENT-EXPRESS HOTELS LTD AT COST    
    POPULAR INC AT COST    
    ROWAN COMPANIES PLC AT COST    
    SCORPIO TANKERS INC AT COST    
    ACCRUALS AT COST    
    ROUNDING AT COST    

    TY 2014 LegalFeesSchedule
    Name:
    LAWRENCE & JANET DEE FOUNDATION
    EIN: 87-6150803
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ATTORNEY FEES 5,000 0 0 0


    TY 2014 OtherDecreasesSchedule
    Name:
    LAWRENCE & JANET DEE FOUNDATION
    EIN: 87-6150803
    Software ID:14000265
    Software Version:2014v5.0
    Description Amount
       


    TY 2014 OtherExpensesSchedule
    Name:
    LAWRENCE & JANET DEE FOUNDATION
    EIN: 87-6150803
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BROKER FEES 230,256 230,256    
    INVESTMENT MGMT FEE RECLASS 160,203 160,203    
    MISC INVESTMENT FEES 6,604 6,604    
    Miscellaneous EXPENSE 103,915 103,915    
    Postage 232      
    SUPPLIES 8,578      


    TY 2014 OtherIncomeSchedule2
    Name:
    LAWRENCE & JANET DEE FOUNDATION
    EIN: 87-6150803
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income 1,022,433    


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    LAWRENCE & JANET DEE FOUNDATION
    EIN: 87-6150803
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES 525 0 0 0


    TY 2014 TaxesSchedule
    Name:
    LAWRENCE & JANET DEE FOUNDATION
    EIN: 87-6150803
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Taxes Paid 43,719 43,719