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
DORRANCE FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)7600 E DOUBLETREE RANCH RD STE 300   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SCOTTSDALE, AZ85258
A Employer identification number

86-0691863
B Telephone number (see instructions)

(480) 367-7000
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$49,873,546J 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 105,401 103,257  
4 Dividends and interest from securities...... 811,822 811,760  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,693,150
b Gross sales price for all assets on line 6a 7,266,063
7 Capital gain net income (from Part IV, line 2)... 2,693,150
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 -98,235 -98,238 0
12 Total. Add lines 1 through 11........ 3,512,138 3,509,929 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 6,989 0 0 3,494
b Accounting fees (attach schedule)....... Click to see attachment 3,610 1,805 0 1,805
c Other professional fees (attach schedule).... Click to see attachment 246,154 19,882 0 169,704
17 Interest............... 6,962 6,962 0 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 44,364 40,101 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 19,051 0 0 19,051
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 16,275 0 0 11,147
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 343,405 68,750 0 205,201
25 Contributions, gifts, grants paid........ 5,337,516 5,337,516
26 Total expenses and disbursements. Add lines 24 and 25 5,680,921 68,750 0 5,542,717
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,168,783
b Net investment income (if negative, enter -0-) 3,441,179
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 8,641,903 9,858,892 9,858,892
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)........... 45,206,554 Click to see attachment40,014,654 40,014,654
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) 53,848,457 49,873,546 49,873,546
Liabilities 17 Accounts payable and accrued expenses.......... 21,746 0
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......   15,214
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 21,746 15,214
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......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 53,826,711 49,858,332
30 Total net assets or fund balances (see instructions)...... 53,826,711 49,858,332
31 Total liabilities and net assets/fund balances (see instructions).. 53,848,457 49,873,546
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 53,826,711
2 Enter amount from Part I, line 27a..................... 2 -2,168,783
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 51,657,928
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 1,799,596
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 49,858,332
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 DFE ASSET MANAGEMENT, LLC P    
b DFE ALTERNATIVE INVESTMENTS, LLC P    
c 700000.0 U S TREAS NTS .6250% 05/31/17 P 2014-04-07 2014-05-29
d 550000.0 U S TREAS NTS .6250% 08/15/16 P 2014-04-07 2014-05-29
e 250000.0 U S TREAS NTS 0.250% 9/15/15 P 2014-04-07 2014-09-25
575000.0 U S TREAS NTS 0.625% 8/31/17 P 2014-07-11 2014-10-15
350000.0 U S TREAS NTS 0.250% 9/15/15 P 2014-04-07 2014-11-03
180000.0 U S TREAS NTS 1.500% 6/30/16 P 2014-07-11 2014-11-25
500000.0 U S TREAS NTS 0.625% 8/31/17 P   2014-11-25
400000.0 U S TREAS NTS 0.250% 9/15/15 P 2014-04-07 2014-11-25
70000.0 UNITED STATES TREAS NTS 1.0000% 09/30/19 P 2014-11-03 2014-11-25
50000.0 U S TREAS NTS 0.750% 3/31/18 P 2014-06-16 2014-11-25
150000.0 U S TREAS NTS .6250% 08/15/18 P 2014-04-07 2014-11-25
600000.0 U S TREAS NTS 0.375% 2/15/16 P 2014-04-07 2014-12-22
3045.24 FHLMC REMIC SERIES 3830 3.5000% 10/15/39 P 2014-05-12 2014-06-15
2755.71 FHLMC REMIC SERIES 3132 5.5000% 03/15/26 P 2014-05-12 2014-06-15
15028.4 NAROT SER 2012-B A3 A600% 10/17/16 P 2014-05-15 2014-06-15
3384.81 FHLMC REMIC SERIES 3830 3.5000% 10/15/39 P 2014-05-12 2014-07-15
6006.83 FHLMC REMIC SERIES 2922 5.0000% 02/15/25 P 2014-05-12 2014-07-15
3330.73 FHLMC REMIC SERIES 3132 5.5000% 03/15/26 P 2014-05-12 2014-07-15
14543.1 NAROT SER 2012-B A3 .4600% 10/17/16 P 2014-05-15 2014-07-15
3655.61 FHLMC REMIC SERIES 3830 3.5000% 10/15/39 P 2014-05-12 2014-08-15
4677.86 FHLMC REMIC SERIES 2922 5.0000% 02/15/25 P 2014-05-12 2014-08-15
2768.6 FHLMC REMIC SERIES 3132 5.5000% 03/15/26 P 2014-05-12 2014-08-15
14144.24 NAROT SER 2012-3 A3 .4600% 10/17/16 P 2014-05-15 2014-08-15
3640.15 FHLMC REMIC SERIES 3830 3.5000% 10/15/39 P 2014-05-12 2014-09-15
5527.83 FHLMC REMIC SERIES 2922 5.0000% 02/15/25 P 2014-05-12 2014-09-15
1754.76 FHLMC REMIC SERIES 3132 5.5000% 03/15/26 P 2014-05-12 2014-09-15
12822.72 NAROT SER 2012-B A3 .4600% 10/17/16 P 2014-05-15 2014-09-15
3431.03 FHLMC REMIC SERIES 3830 3.5000% 10/15/39 P 2014-05-12 2014-10-15
5553.95 FHLMC REMIC SERIES 2922 5.0000% 02/15/26 P 2014-05-12 2014-10-15
2667.82 FHLMC REMIC SERIES 3132 5.5000% 03/15/26 P 2014-05-12 2014-10-15
13064.06 NAROT SER 2012-B AU .4600% 10/17/16 P 2014-05-15 2014-10-15
11572.57 FNMA REMIC SER 2009- 4.0000% 05/25/23 P 2014-04-21 2014-10-25
3478.75 FHLMC REMIC SERIES 3830 3.5000% 10/16/38 P 2014-05-12 2014-11-15
6752.3 FHLMC REMIC SERIES 2922 5.0000% 02/15/25 P 2014-05-12 2014-11-15
2765.07 FHLMC REMIC SERIES 3132 5.5000% 03/15/26 P 2014-05-12 2014-11-15
12788.32 NAROT SER 2012-6 A3 .4600% 10/17/16 P 2014-05-15 2014-11-15
7860.73 FNMA REMIC SER 2009- 4.0000% 05/25/23 P 2014-04-21 2014-11-25
3874.15 FHLMC REMIC SERIES 3830 3.5000% 10/16/39 P 2014-05-12 2014-12-15
4694.93 FHLMC REMIC SERIES 2922 5.0000% 02/15/25 P 2014-05-12 2014-12-15
2641.91 FHLMC REMIC SERIES 3132 5.5000% 03/16/26 P 2014-05-12 2014-12-15
10633.98 NAROT SER 2012-9 A3 .4600% 10/17/16 P 2014-05-15 2014-12-15
6587.38 FNMA REMIC SER 2009- 4 0000%05/26/23 P 2014-04-21 2014-12-25
(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 2,128,118     2,128,118
b 570,216     570,216
c 696,443   692,949 3,165
d 552,104   550,406 1,698
e 250,400   250,119 281
574,302   568,871 4,918
350,382   350,148 234
183,304   182,988 316
496,658   494,721 1,352
400,405   400,158 247
68,138   67,844 267
49,414   49,085 221
150,585   150,086 499
600,139   600,190 -51
3,045   3,163 -118
2,756   3,036 -280
15,028   15,037 -9
3,385   3,516 -131
6,007   6,690 -683
3,331   3,669 -338
14,543   14,552 -9
3,656   3,797 -141
4,678   5,210 -532
2,769   3,050 -281
14,144   14,153 -9
3,640   3,781 -141
5,528   6,157 -629
1,755   1,933 -178
12,823   12,830 -7
3,431   3,564 -133
5,554   6,186 -632
2,668   2,939 -271
13,064   13,072 -8
11,573   16,754 -5,181
3,479   3,614 -135
6,752   7,521 -769
2,765   3,046 -281
12,788   12,796 -8
7,861   11,380 -3,519
3,874   4,024 -150
4,695   5,229 -534
2,642   2,910 -268
10,634   10,640 -6
6,587   9,537 -2,950
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       2,128,118
b       570,216
c       3,165
d       1,698
e       281
      4,918
      234
      316
      1,352
      247
      267
      221
      499
      -51
      -118
      -280
      -9
      -131
      -683
      -338
      -9
      -141
      -532
      -281
      -9
      -141
      -629
      -178
      -7
      -133
      -632
      -271
      -8
      -5,181
      -135
      -769
      -281
      -8
      -3,519
      -150
      -534
      -268
      -6
      -2,950
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 2,693,150
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 5,288,880 50,143,875 0.105474
2012 4,314,106 50,089,857 0.086127
2011 9,648,467 58,022,060 0.166290
2010 7,804,920 60,974,642 0.128003
2009 6,269,045 57,551,275 0.108930
2 Total of line 1, column (d) ...................... 2 0.594824
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 0.118965
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 50,570,507
5 Multiply line 4 by line 3....................... 5 6,016,120
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 34,412
7 Add lines 5 and 6......................... 7 6,050,532
8 Enter qualifying distributions from Part XII, line 4.............. 8 5,542,717
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 68,824
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 0
3 Add lines 1 and 2........................... 3 68,824
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 68,824
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 67,500
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 87,500
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 19
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 18,657
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet18,657 RefundedBullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletAZ
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.DORRANCEFAMILYFOUNDATION.ORG
    14
    The books are in care ofbulletBENNETT DORRANCE Telephone no.bullet (480) 367-7000
    Located atbullet7600 E DOUBLETREE RANCH RD STE 300SCOTTSDALEAZ ZIP+4bullet85258
    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?
    16Yes  
    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 bulletCA
    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
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    BENNETT DORRANCE PRESIDENT
    2.00     		0 0 0
    7600 E DOUBLETREE RANCH RD 300
    SCOTTSDALE,AZ85258
    JACQUELYNN W DORRANCE SECRETARY
    2.00     		0 0 0
    7600 E DOUBLETREE RANCH RD 300
    SCOTTSDALE,AZ85258
    BENNETT DORRANCE JR VICE PRESIDENT
    2.00     		0 0 0
    7600 E DOUBLETREE RANCH RD 300
    SCOTTSDALE,AZ85258
    ASHLEY DORRANCE KAPLAN TREASURER
    2.00     		0 0 0
    7600 E DOUBLETREE RANCH RD 300
    SCOTTSDALE,AZ85258
    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 0
    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
    HANK INC MANAGEMENT FEES 226,272
    7600 E DOUBLETREE RANCH RD 300
    SCOTTSDALE,AZ85258
    Total number of others receiving over $50,000 for professional services.............bullet0
    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.........................bullet0
    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
    41,523,690
    b
    Average of monthly cash balances.......................
    1b
    9,816,926
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    51,340,616
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    51,340,616
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    770,109
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    50,570,507
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,528,525
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    2,528,525
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    68,824
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    68,824
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,459,701
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,459,701
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    2,459,701
    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
    5,542,717
    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
     
    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
    5,542,717
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    5,542,717
    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 2,459,701
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 3,426,923
    b From 2010....... 4,823,174
    c From 2011....... 6,840,024
    d From 2012....... 1,897,933
    e From 2013....... 2,804,430
    fTotal of lines 3a through e......... 19,792,484
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 5,542,717
    a Applied to 2013, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2014 distributable amount..... 2,459,701
    e Remaining amount distributed out of corpus 3,083,016
    5 Excess distributions carryover applied to 2014. 0 0
    (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 22,875,500
    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......     		0
    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) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		3,426,923
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		19,448,577
    10 Analysis of line 9:
    a Excess from 2010.... 4,823,174
    b Excess from 2011.... 6,840,024
    c Excess from 2012.... 1,897,933
    d Excess from 2013.... 2,804,430
    e Excess from 2014.... 3,083,016
    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).)
    BENNETT DORRANCE
    JACQUELYNN W DORRANCE
    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
    ACCEL
    10251 N 35TH AVE
    PHOENIX,AZ85051     		N/A PC TO SUPPORT EDUCATION FOR AUTISTIC AND DISABLED STUDENTS BY SUPPORTING THE WIRED FOR LIFE INTERACTIVE TECHNOLOGY INTEGRATION PROJECT 5,000
    ALL FAITH COMMUNITY SERVICES
    214 S 5TH STREET
    BUCKEYE,AZ85326     		N/A PC TO HELP SUPPORT PROVDING ASSISTANCE TO THOSE IN CRISIS AND EMERGENCY SITUTATIONS 3,000
    ALLIANCE FOR ANIMAL COMPANIONS
    1521 W DOBBINS ROAD
    PHOENIX,AZ85041     		N/A PC TO SUPPORT THE CARE OF HOMELESS ANIMALS WITH GENERAL OPERATING FUNDS 5,000
    AMYOTHROPIC LATERAL SCLEROSIS ASSOCIATION
    1275 K STREET NW STE 250
    WASHINGTON,DC20005     		N/A PC TO SUPPORT THE ICE BUCKET CHALLENGE 100
    AMYOTHROPIC LATERAL SCLEROSIS ASSOCIATION
    1275 K STREET NW STE 250
    WASHINGTON,DC20005     		N/A PC TO SUPPORT THE ICE BUCKET CHALLENGE 100
    ANGEL FLIGHT WEST
    3161 DONALD DOUGLAS LOOP SOUTH
    SANTA MONICA,CA90405     		N/A PC TO SUPPORT PROVIDING FREE TRANSPORTATION IN RESPONSE TO CHILDREN OR THE ELDERLY WITH HEALTHCARE OR OTHER COMPELLING HUMAN NEEDS 21,000
    ARIZONA COMMUNITY FOUNDATION
    2201 EAST CAMELBACK ROAD
    PHOENIX,AZ85016     		N/A PC TO SUPPORT THE DORRANCE SCHOLARSHIP PROGRAM 1,692,956
    ARIZONA COMMUNITY FOUNDATION
    2201 EAST CAMELBACK ROAD
    PHOENIX,AZ85016     		N/A PC TO SUPPORT THE DORRANCE SCHOLARSHIP PROGRAM 1,632,956
    ARIZONA FRIENDS OF FOSTER CHILDREN FOUNDATION
    1645 E MISSOURI NO 220
    PHOENIX,AZ85016     		N/A PC TO SUPPORT MEETING THE NEEDS OF FOSTER CHILDREN IN ARIZONA 2,500
    ARIZONA HUMANE SOCIETY
    1521 W DOBBINS ROAD
    PHOENIX,AZ85041     		N/A PC TO SUPPORT ANIMAL SHELTERS AND IMPROVING LIFE OF ANIMALS 5,000
    ARIZONA MUSIC FESTIVAL FOUNDATION
    504 E HAYWARD AVE
    PHOENIX,AZ85020     		N/A PC TO SUPPORT THE ARTS 1,500
    ARIZONA SCIENCE CENTER
    600 E WASHINGTON ST
    PHOENIX,AZ85004     		N/A PC TO SUPPORT SCIENCE AND EDUCATION 49,700
    ARIZONA SONORA DESERT MUSEUM
    2021 N KINNEY RD
    TUCSON,AZ85743     		N/A PC TO SUPPORT THE DEPARTMENT OF MAMMOLOGY & ORINTHOLOGY 5,000
    ARIZONA STATE UNIVERSITY FOUNDATION
    PO BOX 2260
    TEMPE,AZ85280     		N/A PC TO SUPPORT EDUCATION 27,500
    ARIZONA WOMEN'S BOARD
    5921 EAST INDIAN BEND ROAD
    PARADISE VALLEY,AZ85253     		N/A PC TO SUPPORT THE PREVENTION OF KIDNEY DISEASE WITH EDUCATION AND RESEARCH 1,000
    BALLET ARIZONA
    3645 EAST INDIAN SCHOOL ROAD
    PHOENIX,AZ85018     		N/A PC TO SUPPORT ARTS & CULTURE FOR BALLET ARIZONA'S CAPITAL CAMPAIGN. 50,000
    BALLET ARIZONA
    3645 EAST INDIAN SCHOOL ROAD
    PHOENIX,AZ85018     		N/A PC TO SUPPORT CAPACITY BUILDING 75,000
    BALLET ARIZONA
    3645 EAST INDIAN SCHOOL ROAD
    PHOENIX,AZ85018     		N/A PC TO SUPPORT THE ARTS, UNDERWRITING. 9,000
    BALLET ARIZONA
    3645 EAST INDIAN SCHOOL ROAD
    PHOENIX,AZ85018     		N/A PC TO SUPPORT ARTS & CULTURE WITH OPERATING CASH RESERVE 300,000
    BALLET ARIZONA
    3645 EAST INDIAN SCHOOL ROAD
    PHOENIX,AZ85018     		N/A PC TO SUPPORT THE ARTS, UNDERWRITING. 10,000
    BANNER HEALTH FOUNDATION
    2025 N 3RD ST STE 250
    PHOENIX,AZ85004     		N/A PC TO SUPPORT THE GENERAL OPERATIONS OF BANNER FOUNDATION INVESTING LOCALLY IN PATIENT CARE PROGRAMS 5,000
    BANNER ALZHEIMER'S FOUNDATION
    2025 N 3RD ST STE 250
    PHOENIX,AZ85004     		N/A PC TO SUPPORT THE GENERAL OPERATIONS OF BANNER ALZHEIMER'S FOUNDATION INVESTING LOCALLY IN PATIENT CARE PROGRAMS TO BE INVESTED IN RESEARCH 5,000
    BARNARD COLLEGE
    3009 BROADWAY
    NEW YORK,NY10027     		N/A PC TO SUPPORT A BARNARD FUND SCHOLAR IN WOMEN'S EDUCATION 10,000
    BARROW'S NEOUROLOGICAL FOUNDATION
    350 W THOMAS RD
    PHOENIX,AZ85013     		N/A PC TO SUPPORT THE NEUROLOGICAL CENTER IN PROVIDING MEDICAL SERVICES, EDUCATION AND PATIENT SERVICES BY UNDERWRITING THE BARROW'S BALL EVENT 50,000
    BAT CONSERVATION INTERNATIONAL
    PO BOX 162603
    AUSTIN,TX78716     		N/A PC TO SUPPORT THE CONSERVATION OF THE WORLD'S ECOSYSTEM 1,000
    BAT CONSERVATION INTERNATIONAL
    PO BOX 162603
    AUSTIN,TX78716     		N/A PC TO SUPPORT THE CONSERVATION OF THE WORLD'S ECOSYSTEM 1,000
    BROPHY COLLEGE PREPATORY
    4701 NORTH CENTRAL AVENUE
    PHOENIX,AZ85012     		N/A PC TO SUPPORT EDUCATION FOR COLLEGE BOUND STUDENTS 2,500
    CANCER SUPPORT CENTER-ARIZONA
    360 EAST PALM LANE
    PHOENIX,AZ85004     		N/A PC TO SUPPORT THE CENTER IN PROVIDING A HEALING ENVIRONMENT FOR ITS PATIENTS WITH GENERAL OPERATING FUNDS 10,000
    CHILDREN'S HOSPITAL LA
    4650 SUNSET BLVD
    LOS ANGELES,CA90027     		N/A PC TO SUPPORT THE CENTER FOR PERSONALIZED MEDICINE 15,000
    CLARKSON UNIVERSITY
    8 CLARKSON AVENUE
    POTSDAM,NY13699     		N/A PC TO SUPPORT CLARKSON STUDENT STRATEGIC INVESTMENT FUND 2,500
    DESERT BOTANICAL GARDEN
    1201 NORTH GALVIN PARKWAY
    PHOENIX,AZ85008     		N/A PC TO SUPPORT THE DESERT BOTANICAL GARDEN'S INITIATIVES 35,000
    DESERT BOTANICAL GARDEN
    1201 NORTH GALVIN PARKWAY
    PHOENIX,AZ85008     		N/A PC TO SUPPORT THE SAGUARO INITIATIVE CAMPAIGN 10,000
    DIZZY FEET FOUNDATION
    5455 WILSHIRE BLVD STE 2020
    LOS ANGELES,CA90036     		N/A PC TO SUPPORT ARTS & CULTURE BY PROVIDING SCHOLARSHIPS FOR CONTINUED DANCE EDUCATION 10,000
    DOGS ON DEPLOYMENT
    PO BOX 710286
    SANTEE,CA92072     		N/A PC TO SUPPORT THE CENTRAL NETWORK THAT PROVIDES CARE FOR SOLIDIER'S DOG WHILE THEY ARE DEPLOYED 12,000
    DUCKS UNLIMITED
    ONE WATERFOWL WAY
    MEMPHIS,TN38120     		N/A PC TO SUPPORT WETLANDS AND WATERFOWL CONSERVATION 5,000
    FEED HAWAII
    748 KOKOMO PLACE
    HONOLULU,HI96825     		N/A PC TO SUPPORT TUITIONS FOR THE LEARNING CENTER PROGRAM 1,500
    FETCH FOUNDATION INC
    33739 N SCOTTSDALE ROAD 101
    SCOTTSDALE,AZ85266     		N/A PC TO SUPPORT THE FIDO BAG PROGRAM PROVIDING SUPPLIES FOR THE CARLSBAD & SAN DIEGO/LA FIRES 700
    FLORENCE CRITTENTON SERVICES OF ARIZONA INC
    715 WEST MARIPOSA STREET
    PHOENIX,AZ85013     		N/A PC TO SUPPORT GENERAL OPERATIONS IN EDUCATING, PREPARING, AND EMPOWERING TEEN MOTHERS 5,000
    FLORENCE CRITTENTON SERVICES OF ARIZONA INC
    715 WEST MARIPOSA STREET
    PHOENIX,AZ85013     		N/A PC SPONSORING THE COLUMBIA UNIVERSITY EXPERIENCE 10,000
    FRESH START WOMEN'S FOUNDATION
    1130 E MCDOWELL RD
    PHOENIX,AZ85006     		N/A PC TO SUPPORT THE TRANSFORMATION OF WOMEN'S LIVES 5,000
    GENTLE CAROUSEL
    PO BOX 358844
    GAINSVILLE,FL32635     		N/A PC TO SUPPORT GENERAL OPERATING TO HELP PROVIDE THERAPY HORSES FOR SICK CHILDREN AND ADULTS WITH SERIOUS MEDICAL CONDITIONS 24,000
    GRAND CANYON ASSOCIATION
    PO BOX 399
    GRAND CANYON,AZ86023     		N/A PC TO SUPPORT THE GRAND CANYON TRAILS-TRAILS FOREVER INITIATIVE 2,500
    HAWAII COMMUNITY FOUNDATION
    827 FORT STREET MALL
    HONOLULU,HI96813     		N/A PC TO SUPPORT THE KUKIO COMMUNITY FUND PROMOTING OUT-OF-SCHOOL ACTIVITIES FOR CHILDREN 5,000
    HAWAII ISLAND HUMANE SOCIETY
    74-5225 QUEEN KAAHUMANU HWY
    KAILUA KONA,HI96740     		N/A PC TO SUPPORT THE PREVENTION OF CRUELTY TO ANIMALS ON THE ISLANDS CAPITAL CAMPAIGN CONTRIBUTION 25,000
    HAWAII PUBLIC RADIO
    738 KAHEKA STREET
    HONOLULU,HI96814     		N/A PC TO SUPPORT OPERATIONS OF HAWAII PUBLIC RADIO 500
    HERITAGE RANCH
    PO BOX 865
    HONAUNAU,HI96726     		N/A PC TO SUPPORT IMPROVING QUALITY OF LIFE IN UNDERSERVED COMMUNITIES 200
    INSTITUTE FOR A SUSTAINABLE FUTURE
    PO BOX 3220
    KAILUA KONA,HI96745     		N/A PC TO SUPPORT THE EDUCATION OF CONSERVATION OF THE ENVIRONMENT BY PROVIDING FOR GENERAL OPERATIONS SUPPORT 5,000
    INSTITUTE FOR A SUSTAINABLE FUTURE
    PO BOX 3220
    KAILUA KONA,HI96745     		N/A PC TO SUPPORT THE EDUCATION OF CONSERVATION OF THE ENVIRONMENT BY PROVIDING FOR GENERAL OPERATIONS SUPPORT 995
    IOWA NATURAL HERITAGE FOUNDATION
    505 FIFTH AVENUE
    DES MOINES,IA50309     		N/A PC TO SUPPORT THE WORK DONE TO PROTECT, RESTORE, AND PROMOTE WILD PLACES IN IOWA 2,500
    JOE FOSS INSTITUTE
    8925 E PIMA CENTER PARKWAY SUITE
    100
    SCOTTSDALE,AZ85258     		N/A PC TO SUPPORT GENERAL OPERATING IN TEACHING CIVICS AND PATRIOTISM TO STUDENTS 5,000
    K-2 ADVENTURES
    20707 N PIMA RD SUITE L130
    SCOTTSDALE,AZ85255     		N/A PC TO SUPPORT PROVIDING WORLD TRAVEL TO THE DISADVANTAGED 2,500
    KAHILU THEATRE FOUNDATION
    PO BOX 549
    KAMUELA,HI96743     		N/A PC KAHILU THEATER YOUTH SUMMER ARTS 2014-AROUND THE WORLD 20,000
    KAHUA PA'A MUA
    53-4240 AKONI PULE HIGHWAY
    KAPAAU,HI96755     		N/A PC TO SUPPORT THE PALILI O'KOHALA NATURAL DEMONSTRATION FARM PROJECT 20,000
    KAMUELA PHILHARMONIC ORCHESTRA
    PO BOX 2597
    KAMUELA,HI96743     		N/A PC SUPPORT JANUARY CONCERT 2014-PIANO CONCERTO COMPETITION 20,000
    KOKOLULU FARM & CANCER RESEARCH CENTER
    PO BOX 340
    HAWI,HI96719     		N/A PC TO SUPPORT THE CENTER IN PROVIDING EDUCATION AND CHARITABLE ASSISTANCE TO THOSE AFFECTED BY CANCER AND RESTRICTED TO THE PURCHASE OF A HYPERBARIC CHAMBER 10,000
    LAWRENCEVILLE SCHOOLS
    PO BOX 6125
    LAWRENCEVILLE,NJ08648     		N/A PC TO SUPPORT GENERAL OPERATIONS IN ACADEMIC ADVANCEMENT 2,500
    NATIONAL DISASTER SEARCH DOG FOUNDATION
    501 E OJAI AVENUE
    OJAI,CA93023     		N/A PC TO SUPPORT SEARCH DOG FOUNDATION CANINE RECRUITMENT & TRAINING AND THE NEWLY FORMED SEARCH TEAMS 10,000
    NORTH KOHALA COMMUNITY RESOURCE CENTER
    PO BOX 519
    HAWI,HI96719     		N/A PC TO SUPPORT THE NORTH KOHALA COMMUNITY'S AQUACULTURE PROGRAM 3,000
    NORTH KOHALA COMMUNITY RESOURCE CENTER
    PO BOX 519
    HAWI,HI96719     		N/A PC TO SUPPORT THE NORTH KOHALA'S YOUTH CENTER 5,000
    NORTH KOHALA COMMUNITY RESOURCE CENTER
    PO BOX 519
    HAWI,HI96719     		N/A PC TO SUPPORT GENERAL OPERATION OF THE COMMUNITY CENTER 10,000
    NORTH KOHALA COMMUNITY RESOURCE CENTER
    PO BOX 519
    HAWI,HI96719     		N/A PC TO SUPPORT THE COASTLAND PRESERVATION OF THE MALAMA KOHALA KAHAKAI 22,410
    NORTH KOHALA COMMUNITY RESOURCE CENTER
    PO BOX 519
    HAWI,HI96719     		N/A PC TO SUPPORT THE KEIKI YOGA KOHALA PROGRAM 1,500
    NORTH KOHALA COMMUNITY RESOURCE CENTER
    PO BOX 519
    HAWI,HI96719     		N/A PC TO SUPPORT NORTH KOHALA RADIO (KNKR) 5,000
    NORTH KOHALA COMMUNITY RESOURCE CENTER
    PO BOX 519
    HAWI,HI96719     		N/A PC TO SUPPORT CAPACITY BUILDING KOHALA SCHOOL COMPLEX CONTRACT GRANT WRITER 60,000
    NOTMYKID
    5230 EAST SHEA BOULEVARD
    SCOTTSDALE,AZ85254     		N/A PC TO SUPPORT EXPANSION OPPORTUNITIES TO HELP AT-RISK KIDS 10,000
    NOTMYKID
    5230 EAST SHEA BOULEVARD
    SCOTTSDALE,AZ85254     		N/A PC TO SUPPORT GENERAL OPERATIONS TO HELP AT-RISK KIDS 25,000
    PALO VERDE VOLUNTEER FIRE DEPARTMENT
    PO BOX 1381
    REDWAY,CA95560     		N/A PC TO SUPPORT PURCHASE OF MEDICAL GEAR, FIREFIGHTING GEAR, TRAINING ETC., FOR THE VOLUNTEER FIRE FIGHTERS 2,000
    PHILLIPS EXETER ACADEMY
    20 MAIN STREET
    EXETER,NH03833     		N/A PC TO SUPPORT SECONDARY EDUCATION @ PHILLIPS EXETER ACADEMY 2,000
    PHILLIPS EXETER ACADEMY
    20 MAIN STREET
    EXETER,NH03833     		N/A PC TO SUPPORT SECONDARY EDUCATION @ PHILLIPS EXETER ACADEMY 3,000
    PHOENIX ART MUSEUM
    1625 NORTH CENTRAL AVENUE
    PHOENIX,AZ85004     		N/A PC TO SUPPORT THE PHOENIX ART MUSEUM 10,000
    PHOENIX ART MUSEUM
    1625 NORTH CENTRAL AVENUE
    PHOENIX,AZ85004     		N/A PC TO SUPPORT THE MUSEUM OPERATIONS 25,000
    PHOENIX ART MUSEUM
    1625 NORTH CENTRAL AVENUE
    PHOENIX,AZ85004     		N/A PC TO SUPPORT THE MUSEUM'S STAFF 2,500
    PHOENIX ART MUSEUM
    1625 NORTH CENTRAL AVENUE
    PHOENIX,AZ85004     		N/A PC TO SUPPORT THE MUSEUM BY SPONSORING THE ITALIAN RENAISSANCE "GENIUS YEAR" EXHIBITS 150,000
    PHOENIX ART MUSEUM
    1625 NORTH CENTRAL AVENUE
    PHOENIX,AZ85004     		N/A PC TO SUPPORT THE MUSEUM'S THE PARTY 2014 HOLLYWOOD COSTUME GALA EVENT 48,000
    PHOENIX ART MUSEUM
    1625 NORTH CENTRAL AVENUE
    PHOENIX,AZ85004     		N/A PC TO SUPPORT THE MUSEUM'S PUBLICATION OF THE COMMEMORATIVE JOURNAL-2014 14,000
    PHOENIX ART MUSEUM
    1625 NORTH CENTRAL AVENUE
    PHOENIX,AZ85004     		N/A PC TO SUPPORT THE MUSEUM'S ARIZONA COSTUME INSTITUTE 4,750
    PHOENIX ART MUSEUM
    1625 NORTH CENTRAL AVENUE
    PHOENIX,AZ85004     		N/A PC TO UNDEWRITE THE MUSEUM'S ARIZONA COSTUME INSTITUTE HOLIDAY LUCHEON 5,000
    PHOENIX BOY'S CHOIR
    1131 E MISSOURI AVE
    PHOENIX,AZ85014     		N/A PC IN SUPPORT OF ARTS & CULTURE FOR GENERAL OPERATING 5,000
    PHOENIX COUNTRY DAY SCHOOL
    3901 EAST STANFORD DR
    PARADISE VALLEY,AZ85253     		N/A PC TO SUPPORT FOCUSED EDUCATION WITH GENERAL OPERATING FUNDS 10,000
    PHOENIX SYMPHONY
    1 N 1ST ST 200
    PHOENIX,AZ85004     		N/A PC TO SUPPORT THE SYMPHONY WITH THE TRIO GALA EVENT 25,000
    PHOENIX SYMPHONY
    1 N 1ST ST 200
    PHOENIX,AZ85004     		N/A PC TO SUPPORT THE SYMPHONY WITH THE SOUND OF SPEED-THE RACE EXPERIENCE EVENT 9,500
    PHOENIX SYMPHONY
    1 N 1ST ST 200
    PHOENIX,AZ85004     		N/A PC TO SUPPORT THE SYMPHONY WITH PROVIDING TICKETS FOR OUR TROOPS TO THE SOUND OF SPEED EVENT 5,000
    PHOENIX SYMPHONY
    1 N 1ST ST 200
    PHOENIX,AZ85004     		N/A PC TO SUPPORT THE SYMPHONY WITH A MATCHING CHALLENGE FOR THE SOUND OF SPEED EVENT 10,000
    PHOENIX THEATER
    100 EAST MCDOWELL ROAD
    PHOENIX,AZ85004     		N/A PC TO SUPPORT THE ARTS IN THE "NEXT STEP CAMPAIGN" FUNDRAISER 20,000
    RANCHO FELIZ
    6910 E 5TH AVE
    SCOTTSDALE,AZ85251     		N/A PC TO SUPPORT THE GUARDIAN WARRIOR SCHOLARSHIPS 4,800
    RANCHO FELIZ
    6910 E 5TH AVE
    SCOTTSDALE,AZ85251     		N/A PC TO SUPPORT THE BIGGER THAN BORDERS CAMPAIGN 2,000
    SAN FRANCISCO BALLET
    455 FRANKLIN STREET
    SAN FRANCISCO,CA94102     		N/A PC TO SUPPORT ARTS & CULTURE 2,500
    SAN FRANCISCO FILM SOCIETY
    39 MESA ST STE 110
    SAN FRANCISCO,CA94129     		N/A PC TO SUPPORT THE PICTOGRAPH PRODUCTIONS FOR "THE ROOTS OF ULU" FOOD SECURITY ISSUES IN HAWAII 5,000
    ST LAWRENCE UNIVERSITY
    23 ROMODA DRIVE
    CANTON,NY13617     		N/A PC ECON-FED CHALLENGE --3-02-04-11014 2,500
    SAFFYRE SANCTUARY
    PO BOX 921708
    SYLMAR,CA93139     		N/A PC TO SUPPORT EQUINE EDUCATION PROGRAM EXPANSION 15,000
    SCOTTSDALE HEALTHCENTER FOUNDATION
    8125 N HAYDEN ROAD
    SCOTTSDALE,AZ85258     		N/A PC TO SUPPORT THE FOUNDATION AND MEDICAL TECHNOLOGY, UNDERWRITING. 1,000
    SEAL CONSERVANCY OF SAN DIEGO
    PO BOX 2016
    LA JOLLA,CA92038     		N/A PC TO SUPPORT THE EDUCATION OF SEALS AND PROTECTION OF THEIR ENVIRONMENT 250
    SEVEN ARROWS ELEMENTARY
    15332 ANTIOCH ST PMB 313
    PACIFIC PALISADES,CA90272     		N/A PC TO SUPPORT THE ANNUAL GIVING CAMPAIGN FOR ELEMENTARY EDUCATION 10,000
    SEVEN ARROWS ELEMENTARY
    15332 ANTIOCH ST PMB 313
    PACIFIC PALISADES,CA90272     		N/A PC TO SUPPORT THE ANNUAL GIVING CAMPAIGN FOR ELEMENTARY EDUCATION 5,000
    SEVEN ARROWS ELEMENTARY
    15332 ANTIOCH ST PMB 313
    PACIFIC PALISADES,CA90272     		N/A PC TO SUPPORT THE ANNUAL GIVING CAMPAIGN FOR ELEMENTARY EDUCATION, PLUS GENERAL OPERATING 15,000
    SOLDIER'S BEST FRIEND
    PO BOX 6242
    GLENDALE,AZ85312     		N/A PC TO SUPPORT GENERAL OPERATIONS FOR SERVICE DOGS FOR VETERANS AND THE DEVELOPMENT OF TRAINING FACILITY 25,000
    SOLDIER'S BEST FRIEND
    PO BOX 6242
    GLENDALE,AZ85312     		N/A PC TO SUPPORT GENERAL OPERATIONS FOR TRAINING EXPENSES AND DOG SUPPLIES 10,000
    SOLDIER'S BEST FRIEND
    PO BOX 6242
    GLENDALE,AZ85312     		N/A PC TO SUPPORT THE PURCHASE OF A DIGITAL CAMERA FOR THE OPERATION OF PROVIDING SERVICE DOGS FOR VETERANS 400
    SOUTHWEST AUTISM RESEARCH & RESOURCE CENTER
    300 N 18TH ST
    PHOENIX,AZ85006     		N/A PC TO SUPPORT THE AUTISM CENTER, UNDERWRITING. 1,700
    SOUTHWEST CENTER FOR HIV
    1144 EAST MCDOWELL ROAD
    PHOENIX,AZ85006     		N/A PC TO SUPPORT GENERAL OPERATIONS IN THE FIGHT AGAINST HIV/AIDS 5,000
    SPOFIT
    5031 E WASHINGTON ST
    PHOENIX,AZ85034     		N/A PC TO SUPPORT THE PROGRAMS THAT PROVIDE EXCEPTIONAL ADAPTIVE SPORTS, RECREATION, AQUATIC AND FITNESS PROGRAMS THAT PROMOTE THE INDEPENDENCE, HEALTH AND OVERALL WELL BEING OF PEOPLE WITH DISABILITIES AND THEIR FAMILY MEMBERS. 5,000
    TEACH FOR AMERICA
    3030 NORTH CENTRAL AVENUE
    PHOENIX,AZ85012     		N/A PC TO SUPPORT LEADERS WHO WORK TO ENSURE THAT KIDS GROWING UP IN POVERTY GET A QUALITY EDUCATION, GENERAL OPERATING FUNDS. 9,610
    TEACH FOR AMERICA
    3030 NORTH CENTRAL AVENUE
    PHOENIX,AZ85012     		N/A PC TO SUPPORT LEADERS WHO WORK TO ENSURE THAT KIDS GROWING UP IN POVERTY GET A QUALITY EDUCATION, GENERAL OPERATING FUNDS. 25,000
    TEACH FOR AMERICA
    3030 NORTH CENTRAL AVENUE
    PHOENIX,AZ85012     		N/A PC TO SUPPORT LEADERS WHO WORK TO ENSURE THAT KIDS GROWING UP IN POVERTY GET A QUALITY EDUCATION, GENERAL OPERATING FUNDS. 15,000
    THE GLACIER NATIONAL PARK FUND
    402 9TH STREET WEST
    COLUMBIA FALLS,MT59912     		N/A PC TO SUPPORT GENERAL OPERATING IN THE CONSERVATION OF THE NATIONAL PARK 2,850
    THE MATTHEW SILVERMAN MEMORIAL FOUNDATION
    324 S BEVERLY DRIVE 411
    BEVERLY HILLS,CA90212     		N/A PC TO UNDERWRITE THE "LIGHT UP THE NIGHT" EVENT SUPPORTING THE FOUNDATION IN COMBATING TEEN SUICIDE. 1,500
    THE NATURE CONSERVANCY
    7600 NORTH 15TH STREET
    PHOENIX,AZ85020     		N/A PC TO SUPPORT LAND AND WATER CONSERVATION FOR GENERAL OPERATIONS 100,000
    THE NATURE CONSERVANCY
    7600 NORTH 15TH STREET
    PHOENIX,AZ85020     		N/A PC TO SUPPORT THE PRESERVATION OF KAMEHAME BEACH IN HAWAII 1,000
    THE NATURE CONSERVANCY
    7600 NORTH 15TH STREET
    PHOENIX,AZ85020     		N/A PC TO SUPPORT GENERAL OPERATIONS IN THE PRESERVATION OF OUR LANDS AND WATERS. 7,500
    THE TRUST FOR PUBLIC LAND
    101 MONTGOMERY ST STE 900
    SAN FRANCISCO,CA94104     		N/A PC TO SUPPORT THE KUAMO'O BURIAL GROUNDS PROJECT 50,000
    TRANSLATIONAL GENOMICS RESEARCH INSTITUTE FOUNDATION
    445 NORTH 5TH STREET
    PHOENIX,AZ85004     		N/A PC TO SUPPORT CANCER RESEARCH, UNDERWRITING. 25,000
    TRANSLATIONAL GENOMICS RESEARCH INSTITUTE FOUNDATION
    445 NORTH 5TH STREET
    PHOENIX,AZ85004     		N/A PC TO SUPPORT CANCER RESEARCH, UNDERWRITING. 10,689
    TRANSLATIONAL GENOMICS RESEARCH INSTITUTE FOUNDATION
    445 NORTH 5TH STREET
    PHOENIX,AZ85004     		N/A PC TO SUPPORT THE CLINICAL RESEARCH COORDINATOR IN THE CENTER FOR RARE CHILDHOOD DISORDERS 100,000
    UOFA FOUNDATION -STEELE CHILDREN'S RESEARCH CENTER
    1111 N CHERRY AVENUE
    TUCSON,AZ85721     		N/A PC PANDA CHILDREN HELPING CHILDREN UNDER THE BIG TOP EVENT DONATION, TO IMPROVE THE HEALTH OF AZ'S CHILDREN 49,850
    UOFA FOUNDATION -STEELE CHILDREN'S RESEARCH CENTER
    1111 N CHERRY AVENUE
    TUCSON,AZ85721     		N/A PC PANDA CHILDREN HELPING CHILDREN UNDER THE BIG TOP EVENT DONATION, TO IMPROVE THE HEALTH OF AZ'S CHILDREN 1,000
    UOFA FOUNDATION -STEELE CHILDREN'S RESEARCH CENTER
    1111 N CHERRY AVENUE
    TUCSON,AZ85721     		N/A PC PANDA CHILDREN HELPING CHILDREN UNDER THE BIG TOP EVENT DONATION, TO IMPROVE THE HEALTH OF AZ'S CHILDREN 5,000
    UNIVERSITY OF ARIZONA FOUNDATION
    1111 N CHERRY AVENUE
    TUCSON,AZ85721     		N/A PC TO SUPPORT THE MASTER GARDEN PROGRAM-COOPERTIVE EXTENSION MARICOPA COUNTY 500
    UNIVERSITY OF MONTANA FOUNDATION
    PO BOX 7159
    MISSOULA,MT59807     		N/A PC THE FLATHEAD LAKE MONITORING AND RESEARCH FUND 5,000
    VALLEY OF THE SUN UNITED WAY FOUNDATION
    1515 EAST OSBORN ROAD
    PHOENIX,AZ85014     		N/A PC 2014 TOCQUEVILLE SOCIETY 25,000
    WALNUT CREEK STATION QUESTERS
    210 S QUINCE ST
    PHILADELPHIA,PA19107     		N/A PC TO SUPPORT THE LAYTON TOWNSHIP CEMETERY RESTORATION 1,000
    WESTERN LITTLE LEAGUE
    PO BOX 85723
    TUCSON,AZ85754     		N/A PC IN SUPPORT OF SPORTS & RECREATION 1,000
    WHISPERING HOPE RANCH FOUNDATION
    9045 EAST PIMA CENTER PARKWAY
    SCOTTSDALE,AZ85258     		N/A PC SUPPORT WHISPERING HOPE RANCH-RETREAT FOR SPECIAL NEEDS CHILDREN 20,000
    WHISPERING HOPE RANCH FOUNDATION
    9045 EAST PIMA CENTER PARKWAY
    SCOTTSDALE,AZ85258     		N/A PC SUPPORT WHISPERING HOPE RANCH-RETREAT FOR SPECIAL NEEDS CHILDREN WITH THE PURCAHSE OF COMPUTER SOFTWARE 5,000
    YOUNG LIFE CHANDLER AZ
    2150 E SOUTHERN AVE
    TEMPE,AZ85282     		N/A PC TO SUPPORT OUTREACH FOR MIDDLE HIGH AND HIGH SCHOOL STUDENTS-YOUNG LIFE PARK CITY 25,000
    Total .................................bullet 3a 5,337,516
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 105,401  
    4 Dividends and interest from securities....     14 811,822  
    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 .............     		        2,693,150
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aORDINARY INCOME FROM PARTNERSHIP INTERESTS     14 -70  
    bOTHER INCOME FROM PARTNERSHIP INTERESTS   3 14 30,192  
    cOTHER LOSSES FROM PARTNERSHIP INTERESTS     14 -128,360  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 3 818,985 2,693,150
    13Total. Add line 12, columns (b), (d), and (e)..................
    133,512,138
    (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.)
    ALL SUPPORT EXEMPT PURPOSE
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    DORRANCE FAMILY FOUNDATION
    EIN: 86-0691863
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,610 1,805 0 1,805

    TY 2014 InvestmentsOtherSchedule2
    Name:
    DORRANCE FAMILY FOUNDATION
    EIN: 86-0691863
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    DFE ASSET MANAGEMENT, LLC FMV 20,930,430 20,930,430
    DFE ALTERNATIVE INVESTMENTS, LLC FMV 16,950,813 16,950,813
    THE LYME FOREST FUND III TE, LP FMV 376,654 376,654
    HARVEST MLP INCOME FUND III, L.P. FMV 1,034,798 1,034,798
    YORK CREDIT OPPORTUNITIES FUND FMV 721,959 721,959

    TY 2014 LegalFeesSchedule
    Name:
    DORRANCE FAMILY FOUNDATION
    EIN: 86-0691863
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 6,989 0 0 3,494


    TY 2014 OtherDecreasesSchedule
    Name:
    DORRANCE FAMILY FOUNDATION
    EIN: 86-0691863
    Description Amount
       


    TY 2014 OtherExpensesSchedule
    Name:
    DORRANCE FAMILY FOUNDATION
    EIN: 86-0691863
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSES 6,855 0 0 6,855
    DUES & MEMBERSHIPS 3,917 0 0 3,917
    MISCELLANEOUS 5,503 0 0 375


    TY 2014 OtherIncomeSchedule2
    Name:
    DORRANCE FAMILY FOUNDATION
    EIN: 86-0691863
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ORDINARY INCOME FROM PARTNERSHIP INTERESTS -70 -70 0
    OTHER INCOME FROM PARTNERSHIP INTERESTS 30,195 30,192 0
    OTHER LOSSES FROM PARTNERSHIP INTERESTS -128,360 -128,360 0


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    DORRANCE FAMILY FOUNDATION
    EIN: 86-0691863
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 246,154 19,882 0 169,704


    TY 2014 TaxesSchedule
    Name:
    DORRANCE FAMILY FOUNDATION
    EIN: 86-0691863
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 4,263 0 0 0
    FOREIGN TAXES 40,101 40,101 0 0