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
VERA RASMUSSEN IRREV TRUST
 

Number and street (or P.O. box number if mail is not delivered to street address)6801 SOUTH 27TH STREET   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LINCOLN, NE68512
A Employer identification number

47-6132453
B Telephone number (see instructions)

(402) 827-6962
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$3,341,715J 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...... 110,308 110,308  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 692,611
b Gross sales price for all assets on line 6a 2,727,596
7 Capital gain net income (from Part IV, line 2)... 692,611
8 Net short-term capital gain......... 0
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).......      
12 Total. Add lines 1 through 11........ 802,919 802,919  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 21,847 17,293   4,555
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 1,456 1,152 0 304
b Accounting fees (attach schedule)....... Click to see attachment 925 732 0 193
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 7,205 1,104   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 31,433 20,281 0 5,052
25 Contributions, gifts, grants paid........ 178,856 178,856
26 Total expenses and disbursements. Add lines 24 and 25 210,289 20,281 0 183,908
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 592,630
b Net investment income (if negative, enter -0-) 782,638
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.......... 58,076 172,643 172,643
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)........ 1,604,995 Click to see attachment1,258,254 1,467,757
c Investments—corporate bonds (attach schedule)........ 866,376 Click to see attachment401,096 448,795
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........   Click to see attachment1,290,084 1,252,520
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) 2,529,447 3,122,077 3,341,715
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......... 2,529,447 3,122,077
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)...... 2,529,447 3,122,077
31 Total liabilities and net assets/fund balances (see instructions).. 2,529,447 3,122,077
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 2,529,447
2 Enter amount from Part I, line 27a..................... 2 592,630
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 3,122,077
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 3,122,077
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 281.24 ABERDEEN EMERGING MARKETS FUND INSTL #58   2013-08-27 2014-02-28
b 2331.297 ABERDEEN EMERGING MARKETS FUND INSTL #58   2013-02-20 2014-02-28
c 100. ALTRIA GROUP INC   2012-08-27 2014-02-28
d 100. ALTRIA GROUP INC   2012-11-02 2014-02-28
e 100. ALTRIA GROUP INC   2012-11-02 2014-02-28
50. ALTRIA GROUP INC   2012-01-30 2014-02-28
100. ALTRIA GROUP INC   2011-11-23 2014-02-28
275. AMERICAN TOWER CORP   2007-03-30 2014-02-28
50. AMERICAN TOWER CORP   2007-03-30 2014-02-28
200. AMGEN INC   2010-02-16 2014-02-28
50. AMGEN INC   2002-07-16 2014-02-28
100. AMGEN INC   2002-07-16 2014-02-28
50. AMGEN INC   2002-07-16 2014-02-28
100. ANADARKO PETROLEUM COMMON   2012-04-30 2014-02-28
50. ANADARKO PETROLEUM COMMON   2012-05-09 2014-02-28
25. ANADARKO PETROLEUM COMMON   2010-11-09 2014-02-28
25. ANADARKO PETROLEUM COMMON   2010-11-09 2014-02-28
25. ANADARKO PETROLEUM COMMON   2010-11-09 2014-02-28
25. ANADARKO PETROLEUM COMMON   2010-11-09 2014-02-28
175. APACHE CORP   2002-10-29 2014-02-28
150. AUTODESK INC.   2013-07-01 2014-02-28
100. BANK OF AMERICA CORP   2009-12-30 2014-02-28
100. BANK OF AMERICA CORP   2009-07-07 2014-02-28
100. BANK OF AMERICA CORP   2012-08-27 2014-02-28
100. BANK OF AMERICA CORP   2002-06-05 2014-02-28
100. BANK OF AMERICA CORP   2002-06-05 2014-02-28
100. BANK OF AMERICA CORP   2005-07-05 2014-02-28
100. BANK OF AMERICA CORP   2005-07-05 2014-02-28
400. BANK OF AMERICA CORP   2005-07-05 2014-02-28
350. BANK OF AMERICA CORP   2009-10-16 2014-02-28
250. BANK OF AMERICA CORP   2009-12-02 2014-02-28
100. IPATH DOW JONES-AIG COMMODITY INDEX TRUS   2013-07-30 2014-02-28
750. IPATH DOW JONES-AIG COMMODITY INDEX TRUS   2011-05-11 2014-02-28
400. CMS ENERGY CORP   2012-11-02 2014-02-28
50. CMS ENERGY CORP   2010-11-09 2014-02-28
100. CVS HEALTH CORPORATION   2012-05-31 2014-02-28
200. CVS HEALTH CORPORATION   2008-01-28 2014-02-28
50. CVS HEALTH CORPORATION   2008-01-28 2014-02-28
50. CAPITAL ONE FINANCIAL COMMON   2012-10-03 2014-02-28
100. CAPITAL ONE FINANCIAL COMMON   2012-10-03 2014-02-28
75. CAPITAL ONE FINANCIAL COMMON   2012-11-28 2014-02-28
25. CATERPILLAR INC   2011-11-23 2014-02-28
150. CATERPILLAR INC   2011-11-23 2014-02-28
25. CATERPILLAR INC   2013-10-30 2014-02-28
800. CISCO SYSTEMS INC   1996-04-04 2014-02-28
90. CITIGROUP INC NEW   2011-04-08 2014-02-28
100. CITIGROUP INC NEW   2010-07-28 2014-02-28
20. CITIGROUP INC NEW   2010-09-28 2014-02-28
50. CITIGROUP INC NEW   2010-09-28 2014-02-28
50. CITIGROUP INC NEW   2010-08-30 2014-02-28
40. CITIGROUP INC NEW   2012-04-30 2014-02-28
20. CITIGROUP INC NEW   2012-04-30 2014-02-28
60. CITIGROUP INC NEW   2012-04-30 2014-02-28
20. CITIGROUP INC NEW   2011-12-30 2014-02-28
30. CITIGROUP INC NEW   2011-12-30 2014-02-28
20. CITIGROUP INC NEW   2011-12-30 2014-02-28
100. CLIFFS NATURAL RESOURCES INC   2009-06-17 2014-02-28
50. CLIFFS NATURAL RESOURCES INC   2009-05-15 2014-02-28
50. CLIFFS NATURAL RESOURCES INC   2009-05-15 2014-02-28
175. CONOCOPHILLIPS   2003-02-07 2014-02-28
200. WALT DISNEY COMPANY   2010-09-28 2014-02-28
50. WALT DISNEY COMPANY   2010-05-13 2014-02-28
600. DOLLAR TREE INC   2009-04-23 2014-02-28
50. DOLLAR TREE INC   2009-03-20 2014-02-28
100. DOW CHEMICAL CO   2013-02-08 2014-02-28
100. DOW CHEMICAL CO   2012-11-02 2014-02-28
50. DOW CHEMICAL CO   2012-07-30 2014-02-28
100. DOW CHEMICAL CO   2012-10-03 2014-02-28
100. DOW CHEMICAL CO   2011-11-23 2014-02-28
50. DOW CHEMICAL CO   2011-11-23 2014-02-28
50. DOW CHEMICAL CO   2013-04-12 2014-02-28
4446.64 DRIEHAUS SELECT CREDIT   2013-06-03 2014-02-28
350. EMC CORP / MASS   2012-05-31 2014-02-28
100. EMC CORP / MASS   2010-11-29 2014-02-28
100. EMC CORP / MASS   2010-09-28 2014-02-28
100. EMC CORP / MASS   2010-09-28 2014-02-28
115. EMC CORP / MASS   2010-09-28 2014-02-28
150. EMERSON ELECTRIC CO   2012-07-30 2014-02-28
25. EMERSON ELECTRIC CO   2011-12-30 2014-02-28
50. EMERSON ELECTRIC CO   2011-12-30 2014-02-28
25. EMERSON ELECTRIC CO   2013-09-11 2014-02-28
100. FIFTH THIRD BANCORP   2012-01-02 2014-02-28
100. FIFTH THIRD BANCORP   2012-01-30 2014-02-28
200. FIFTH THIRD BANCORP   2011-06-30 2014-02-28
300. FIFTH THIRD BANCORP   2011-06-30 2014-02-28
300. FIFTH THIRD BANCORP   2011-07-08 2014-02-28
100. FIFTH THIRD BANCORP   2011-07-18 2014-02-28
100. FIFTH THIRD BANCORP   2011-08-18 2014-02-28
300. FREEPORT-MCMORAN INC   2012-11-28 2014-02-28
50. FREEPORT-MCMORAN INC   2007-04-10 2014-02-28
25. FREEPORT-MCMORAN INC   2007-04-10 2014-02-28
83. GENERAL ELECTRIC CO   2000-02-09 2014-02-28
15. GOLDMAN SACHS GROUP INC.   2011-10-03 2014-02-28
10. GOLDMAN SACHS GROUP INC.   2011-01-28 2014-02-28
10. GOLDMAN SACHS GROUP INC.   2010-05-05 2014-02-28
15. GOLDMAN SACHS GROUP INC.   2011-05-12 2014-02-28
10. GOLDMAN SACHS GROUP INC.   2010-06-30 2014-02-28
1817.523 GOLDMAN SACHS MID CAP VALUE INSTL #864   2012-09-12 2014-02-28
884.956 GOLDMAN SACHS COMMODITY STRATEGY FUND #2   2013-10-30 2014-02-28
100. HARLEY DAVIDSON INC   2013-10-30 2014-02-28
500. HEWLETT PACKARD CO   2006-03-03 2014-02-28
100. HOME DEPOT INC   2008-12-04 2014-02-28
100. HOME DEPOT INC   2008-12-04 2014-02-28
275. HOME DEPOT INC   2009-01-30 2014-02-28
50. HUMANA INC COMMON   2012-04-30 2014-02-28
85. HUMANA INC COMMON   2012-05-31 2014-02-28
100. INTERNATIONAL BUSINESS MACHINES CORP   2008-12-04 2014-02-28
100. JPMORGAN CHASE & CO.   2008-12-04 2014-02-28
25. JPMORGAN CHASE & CO.   2011-09-19 2014-02-28
100. JPMORGAN CHASE & CO.   2009-03-20 2014-02-28
100. JPMORGAN CHASE & CO.   2008-01-28 2014-02-28
100. JPMORGAN CHASE & CO.   2008-01-03 2014-02-28
50. JPMORGAN CHASE & CO.   2008-01-03 2014-02-28
250. JPMORGAN CHASE & CO.   2010-09-28 2014-02-28
50. JPMORGAN CHASE & CO.   2009-06-17 2014-02-28
150. JARDEN CORPORATION   2011-08-01 2014-02-28
150. JARDEN CORPORATION   2011-08-08 2014-02-28
100. MAXIM INTEGRATED PRODUCTS INC.   2012-09-12 2014-02-28
150. MAXIM INTEGRATED PRODUCTS INC.   2012-09-12 2014-02-28
150. MAXIM INTEGRATED PRODUCTS INC.   2012-09-26 2014-02-28
100. MERCK & CO. INC   2012-12-14 2014-02-28
175. MERCK & CO. INC   2013-02-07 2014-02-28
100. MONDELEZ INTERNATIONAL INC - A   2013-02-08 2014-02-28
150. MONDELEZ INTERNATIONAL INC - A   2012-11-02 2014-02-28
100. MONDELEZ INTERNATIONAL INC - A   2012-12-28 2014-02-28
50. MONSANTO CO   2013-09-11 2014-02-28
25. MONSANTO CO   2013-07-30 2014-02-28
14062.474 NUVEEN HIGH INCOME BOND FUND CL I #493   2012-09-12 2014-02-28
6169.347 NUVEEN STRATEGIC INCOME FUND CL I #1348   2003-03-25 2014-02-28
6211.562 NUVEEN REAL ESTATE SECURITIES FUND CL I   2012-11-02 2014-02-28
137.287 NUVEEN REAL ESTATE SECURITIES FUND CL I   2013-08-27 2014-02-28
2175.914 NUVEEN INFLATION PROTECTED SECURITIES CL   2011-03-22 2014-02-28
1908.404 NUVEEN MID CAP GROWTH OPPORTUNITIES FUND   2010-04-08 2014-02-28
4772.862 OPPENHEIMER SENIOR FLOATING RATE Y #294   2013-10-30 2014-02-28
200. ORACLE CORP   2009-10-30 2014-02-28
400. ORACLE CORP   2008-12-04 2014-02-28
100. ORACLE CORP   2008-12-04 2014-02-28
25. PG&E CORP   2010-11-09 2014-02-28
100. PG&E CORP   2010-11-09 2014-02-28
150. PG&E CORP   2012-11-28 2014-02-28
100. PFIZER INC   2006-08-04 2014-02-28
100. PFIZER INC   2006-08-04 2014-02-28
492.5 PFIZER INC   2011-09-19 2014-02-28
108. PFIZER INC   2011-09-19 2014-02-28
100. PFIZER INC   2010-02-16 2014-02-28
100. PFIZER INC   2009-10-15 2014-02-28
100. PFIZER INC   2009-10-15 2014-02-28
399.5 PFIZER INC   2009-10-15 2014-02-28
945.18 PRINCIPAL PREFERRED SECURITIES INSTL #49   2013-02-08 2014-02-28
1212.321 PRINCIPAL PREFERRED SECURITIES INSTL #49   2013-12-18 2014-02-28
200. QUALCOMM INC   2010-11-09 2014-02-28
175. QUALCOMM INC   2005-06-22 2014-02-28
50. QUALCOMM INC   2004-05-18 2014-02-28
169.832 T. ROWE PRICE SMALL CAP STOCK FUND #65   2013-12-13 2014-02-28
2313.57 T. ROWE PRICE SMALL CAP STOCK FUND #65   2013-02-20 2014-02-28
200. SCHLUMBERGER LTD   2011-12-30 2014-02-28
50. SCHLUMBERGER LTD   2008-12-04 2014-02-28
25. SCHLUMBERGER LTD   2008-12-04 2014-02-28
50. SCHLUMBERGER LTD   2008-12-04 2014-02-28
10438.173 LAUDUS INT'L MARKET MASTERS SELECT FUND   2011-08-30 2014-02-28
5319.723 SCOUT INTERNATIONAL FUND   2012-09-26 2014-02-28
50. STARBUCKS CORP   2011-06-30 2014-02-28
50. STARBUCKS CORP   2011-07-18 2014-02-28
150. STARBUCKS CORP   2010-12-30 2014-02-28
50. STARBUCKS CORP   2010-09-28 2014-02-28
100. STARBUCKS CORP   2010-06-01 2014-02-28
50. STARBUCKS CORP   2010-06-30 2014-02-28
25. STARBUCKS CORP   2010-06-30 2014-02-28
50. STARBUCKS CORP   2010-07-28 2014-02-28
150. TARGET CORP   2009-12-02 2014-02-28
100. TARGET CORP   2002-10-02 2014-02-28
50. TARGET CORP   2002-10-02 2014-02-28
250. TEXAS INSTRUMENTS INC   2003-07-29 2014-02-28
50. TEXAS INSTRUMENTS INC   2002-10-29 2014-02-28
400. UNITED TECHNOLOGIES CORP   2010-03-30 2014-02-28
50. UNITED TECHNOLOGIES CORP   2002-09-10 2014-02-28
200. UNITEDHEALTH GROUP INC   2011-09-22 2014-02-28
100. UNITEDHEALTH GROUP INC   2010-09-28 2014-02-28
50. UNITEDHEALTH GROUP INC   2010-09-28 2014-02-28
50. UNITEDHEALTH GROUP INC   2010-09-28 2014-02-28
50. VERIZON COMMUNICATIONS   2011-05-12 2014-02-28
175. VERIZON COMMUNICATIONS   2005-03-07 2014-02-28
50. VERIZON COMMUNICATIONS   2011-08-18 2014-02-28
10. WAL-MART STORES INC   2005-10-14 2014-02-28
800. WELLS FARGO   2011-10-13 2014-02-28
50. WELLS FARGO   1999-04-09 2014-02-28
50. WELLS FARGO   1999-04-09 2014-02-28
50. WELLS FARGO   1999-04-09 2014-02-28
300. WINDSTREAM HOLDINGS INC   2010-06-30 2014-02-28
100. WINDSTREAM HOLDINGS INC   2009-08-17 2014-02-28
100. YAHOO INC   2009-09-21 2014-02-28
100. YAHOO INC   2009-09-21 2014-02-28
100. YAHOO INC   2009-10-02 2014-02-28
200. YAHOO INC   2010-07-28 2014-02-28
300. EATON CORP PLC   2013-02-07 2014-02-28
100. ACE LTD (SWITZERLAND)   2006-03-03 2014-02-28
300. ACE LTD (SWITZERLAND)   2010-01-08 2014-02-28
168. KNOWLES CORP   2014-02-28 2014-05-27
100000. BELLSOUTH CORP 5.20% DUE 09/15/14   2009-01-29 2014-07-15
31. AFLAC INC COMMON   2014-02-28 2014-07-16
19. ABBOTT LABORATORIES   2014-02-28 2014-07-16
26. ABBVIE INC   2014-02-28 2014-07-16
122. AIR PRODUCTS & CHEMICALS INC   2014-02-28 2014-07-16
27. APPLE INC   2014-02-28 2014-07-16
17. AUTOMATIC DATA PROCESSING   2014-02-28 2014-07-16
16. BECTON DICKINSON & COMMON   2014-02-28 2014-07-16
12. CHEVRON CORP   2012-01-31 2014-07-16
47. COMCAST CORP CLASS A   2014-02-28 2014-07-16
9. DOVER CORP   2014-02-28 2014-07-16
23. DU PONT E I DE NEMOURS & CO   2014-02-28 2014-07-16
29. EATON VANCE CORP   2014-02-28 2014-07-16
49. GENERAL ELECTRIC CO   2000-02-09 2014-07-16
85. INTEL CORP   2008-01-28 2014-07-16
17. JOHNSON & JOHNSON   2003-08-11 2014-07-16
99. KINDER MORGAN INC.   2014-02-28 2014-07-16
38. KRAFT FOODS GROUP INC   2014-02-28 2014-07-16
25. MEDTRONIC INC   2014-02-28 2014-07-16
110. MICROSOFT CORP   2007-01-10 2014-07-16
36. NOVARTIS AG - ADR   2014-02-28 2014-07-16
58. PAYCHEX INC   2014-02-28 2014-07-16
444. POTASH CORP SASKATCHEWAN   2014-02-28 2014-07-16
24. PROCTER & GAMBLE CO   2007-06-27 2014-07-16
38. REALTY INCOME CORP   2014-02-28 2014-07-16
11. ROCKWELL AUTOMATION INC.   2014-02-28 2014-07-16
69. SYSCO CORP   2014-02-28 2014-07-16
8. 3M COMPANY   2006-08-10 2014-07-16
19. UNITED PARCEL SERVICE - CL B   2014-02-28 2014-07-16
339. VANGUARD FTSE EMERGING MARKETS ETF   2014-02-28 2014-07-16
640. VODAFONE GROUP PLC - SP ADR   2014-02-28 2014-07-16
14. WAL-MART STORES INC   2005-10-14 2014-07-16
31. APPLE INC   2013-09-11 2014-09-16
14. APPLE INC   2013-09-11 2014-09-16
45. APPLE INC   2014-02-28 2014-09-16
60. APPLE INC   2013-09-11 2014-09-16
13. ABBOTT LABORATORIES   2014-02-28 2014-09-23
23. ABBVIE INC   2014-02-28 2014-09-23
12. AIR PRODUCTS & CHEMICALS INC   2014-02-28 2014-09-23
32. APPLE INC   2014-02-28 2014-09-23
35. COCA-COLA CO   2014-07-16 2014-09-23
51. DU PONT E I DE NEMOURS & CO   2014-02-28 2014-09-23
20. JOHNSON & JOHNSON   2003-08-11 2014-09-23
5. MCDONALD'S CORP   2014-07-16 2014-09-23
18. MEDTRONIC INC   2014-02-28 2014-09-23
10. MICROSOFT CORP   2007-01-10 2014-09-23
21. PEPSICO INC   2002-09-10 2014-09-23
50000. MORGAN STANLEY 4.20% DUE 11/20/14   2009-12-22 2014-11-20
131. CDK GLOBAL INC   2014-09-23 2014-12-19
48.4 CALIFORNIA RESOURCES CORP   2012-10-03 2014-12-19
11.6 CALIFORNIA RESOURCES CORP   2012-12-03 2014-12-19
110. CALIFORNIA RESOURCES CORP   2014-07-16 2014-12-19
10. CALIFORNIA RESOURCES CORP   2014-02-28 2014-12-19
10. CALIFORNIA RESOURCES CORP   2014-02-28 2014-12-19
40. CALIFORNIA RESOURCES CORP   2014-02-28 2014-12-19
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 3,890   4,000 -110
b 32,242   34,000 -1,758
c 3,616   3,434 182
d 3,616   3,212 404
e 3,616   3,013 603
1,808   1,418 390
3,616   2,708 908
22,343   10,747 11,596
4,062   1,946 2,116
25,188   12,006 13,182
6,297   1,665 4,632
12,594   3,330 9,264
6,297   1,665 4,632
8,405   7,485 920
4,202   3,437 765
2,101   1,617 484
2,101   1,617 484
2,101   1,617 484
2,101   1,617 484
13,958   4,365 9,593
8,029   5,088 2,941
1,642   1,506 136
1,642   1,220 422
1,642   816 826
1,642   4,804 -3,162
1,642   4,804 -3,162
1,642   4,646 -3,004
1,642   4,488 -2,846
6,568   16,540 -9,972
5,747   10,167 -4,420
4,105   4,065 40
3,917   3,811 106
29,380   30,528 -1,148
11,344   7,575 3,769
1,418   910 508
7,302   4,259 3,043
14,604   7,741 6,863
3,651   1,756 1,895
3,679   2,928 751
7,357   5,817 1,540
5,518   4,323 1,195
2,425   2,199 226
14,553   13,194 1,359
2,425   2,092 333
17,544   4,300 13,244
4,387   4,125 262
4,874   4,091 783
975   784 191
2,437   1,950 487
2,437   1,913 524
1,950   1,318 632
975   659 316
2,924   1,846 1,078
975   528 447
1,462   793 669
975   528 447
2,021   2,412 -391
1,010   1,081 -71
1,010   1,081 -71
11,637   3,294 8,343
16,252   6,629 9,623
4,063   1,757 2,306
32,903   8,175 24,728
2,742   678 2,064
4,902   3,124 1,778
4,902   2,941 1,961
2,451   1,439 1,012
4,902   2,809 2,093
4,902   2,612 2,290
2,451   1,241 1,210
2,451   1,590 861
45,356   45,000 356
9,267   8,601 666
2,648   2,152 496
2,648   2,147 501
2,648   2,147 501
3,045   2,469 576
9,851   7,081 2,770
1,642   1,172 470
3,284   2,343 941
1,642   1,590 52
2,176   1,442 734
2,176   1,305 871
4,352   2,556 1,796
6,528   3,822 2,706
6,528   3,788 2,740
2,176   1,205 971
2,176   973 1,203
9,828   10,658 -830
1,638   1,762 -124
819   881 -62
2,114   3,789 -1,675
2,489   1,359 1,130
1,659   1,618 41
1,659   1,499 160
2,489   2,160 329
1,659   1,330 329
83,370   67,000 16,370
5,097   5,000 97
6,609   6,410 199
15,115   16,848 -1,733
8,249   2,305 5,944
8,249   2,305 5,944
22,686   6,187 16,499
5,589   4,013 1,576
9,501   6,639 2,862
18,544   7,856 10,688
5,692   3,230 2,462
1,423   806 617
5,692   2,355 3,337
5,692   4,349 1,343
5,692   4,210 1,482
2,846   2,105 741
14,230   9,145 5,085
2,846   1,630 1,216
9,330   3,160 6,170
9,330   2,702 6,628
3,236   2,712 524
4,854   4,058 796
4,854   3,945 909
5,724   4,355 1,369
10,017   7,370 2,647
3,402   2,804 598
5,103   3,989 1,114
3,402   2,524 878
5,473   5,087 386
2,736   2,515 221
128,953   117,000 11,953
70,207   60,275 9,932
133,921   98,321 35,600
2,960   3,000 -40
24,000   21,957 2,043
102,405   68,972 33,433
40,092   40,000 92
7,824   4,151 3,673
15,648   7,611 8,037
3,912   1,552 2,360
1,099   1,191 -92
4,395   4,764 -369
6,592   6,332 260
3,228   2,597 631
3,228   2,597 631
15,898   11,204 4,694
3,486   1,926 1,560
3,228   1,754 1,474
3,228   1,752 1,476
3,228   1,752 1,476
12,896   6,451 6,445
9,556   10,000 -444
12,257   12,576 -319
15,030   7,654 7,376
13,151   5,663 7,488
3,757   1,596 2,161
7,761   7,126 635
105,730   84,098 21,632
18,717   10,384 8,333
4,679   2,022 2,657
2,340   1,011 1,329
4,679   2,022 2,657
254,170   239,000 15,170
195,819   113,838 81,981
3,527   1,979 1,548
3,527   1,795 1,732
10,582   4,496 6,086
3,527   1,309 2,218
7,055   2,616 4,439
3,527   1,282 2,245
1,764   629 1,135
3,527   1,253 2,274
9,363   6,721 2,642
6,242   3,011 3,231
3,121   1,506 1,615
11,245   3,981 7,264
2,249   758 1,491
46,992   14,395 32,597
5,874   1,527 4,347
15,400   8,157 7,243
7,700   3,511 4,189
3,850   1,755 2,095
3,850   1,755 2,095
2,370   1,876 494
8,295   6,423 1,872
2,370   1,755 615
749   451 298
37,151   16,588 20,563
2,322   992 1,330
2,322   992 1,330
2,322   992 1,330
2,394   2,743 -349
798   835 -37
3,902   1,714 2,188
3,902   1,714 2,188
3,902   1,692 2,210
7,804   2,935 4,869
22,320   15,761 6,559
9,768   5,484 4,284
29,303   15,730 13,573
4,738   5,311 -573
100,824   102,989 -2,165
1,950   1,997 -47
783   760 23
1,378   1,344 34
15,796   14,856 940
2,593   2,042 551
1,369   1,331 38
1,905   1,861 44
1,567   1,235 332
2,583   2,438 145
797   701 96
1,492   1,532 -40
1,075   1,104 -29
1,316   2,237 -921
2,887   1,714 1,173
1,735   878 857
3,614   3,149 465
2,276   2,111 165
1,574   1,491 83
4,830   3,271 1,559
3,246   3,000 246
2,451   2,429 22
15,886   14,870 1,016
1,944   1,470 474
1,717   1,700 17
1,356   1,355 1
2,549   2,497 52
1,166   550 616
1,980   1,818 162
15,041   13,246 1,795
21,459   26,643 -5,184
1,077   632 445
3,096   2,069 1,027
1,398   934 464
4,494   3,404 1,090
5,991   4,004 1,987
554   520 34
1,323   1,189 134
1,603   1,461 142
3,281   2,421 860
1,469   1,478 -9
3,623   3,396 227
2,153   1,033 1,120
468   497 -29
1,142   1,074 68
466   297 169
1,951   836 1,115
50,000   50,483 -483
5,224   3,830 1,394
280   370 -90
67   76 -9
636   947 -311
58   84 -26
58   84 -26
231   337 -106
      2,822
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       -110
b       -1,758
c       182
d       404
e       603
      390
      908
      11,596
      2,116
      13,182
      4,632
      9,264
      4,632
      920
      765
      484
      484
      484
      484
      9,593
      2,941
      136
      422
      826
      -3,162
      -3,162
      -3,004
      -2,846
      -9,972
      -4,420
      40
      106
      -1,148
      3,769
      508
      3,043
      6,863
      1,895
      751
      1,540
      1,195
      226
      1,359
      333
      13,244
      262
      783
      191
      487
      524
      632
      316
      1,078
      447
      669
      447
      -391
      -71
      -71
      8,343
      9,623
      2,306
      24,728
      2,064
      1,778
      1,961
      1,012
      2,093
      2,290
      1,210
      861
      356
      666
      496
      501
      501
      576
      2,770
      470
      941
      52
      734
      871
      1,796
      2,706
      2,740
      971
      1,203
      -830
      -124
      -62
      -1,675
      1,130
      41
      160
      329
      329
      16,370
      97
      199
      -1,733
      5,944
      5,944
      16,499
      1,576
      2,862
      10,688
      2,462
      617
      3,337
      1,343
      1,482
      741
      5,085
      1,216
      6,170
      6,628
      524
      796
      909
      1,369
      2,647
      598
      1,114
      878
      386
      221
      11,953
      9,932
      35,600
      -40
      2,043
      33,433
      92
      3,673
      8,037
      2,360
      -92
      -369
      260
      631
      631
      4,694
      1,560
      1,474
      1,476
      1,476
      6,445
      -444
      -319
      7,376
      7,488
      2,161
      635
      21,632
      8,333
      2,657
      1,329
      2,657
      15,170
      81,981
      1,548
      1,732
      6,086
      2,218
      4,439
      2,245
      1,135
      2,274
      2,642
      3,231
      1,615
      7,264
      1,491
      32,597
      4,347
      7,243
      4,189
      2,095
      2,095
      494
      1,872
      615
      298
      20,563
      1,330
      1,330
      1,330
      -349
      -37
      2,188
      2,188
      2,210
      4,869
      6,559
      4,284
      13,573
      -573
      -2,165
      -47
      23
      34
      940
      551
      38
      44
      332
      145
      96
      -40
      -29
      -921
      1,173
      857
      465
      165
      83
      1,559
      246
      22
      1,016
      474
      17
      1
      52
      616
      162
      1,795
      -5,184
      445
      1,027
      464
      1,090
      1,987
      34
      134
      142
      860
      -9
      227
      1,120
      -29
      68
      169
      1,115
      -483
      1,394
      -90
      -9
      -311
      -26
      -26
      -106
       
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 2 692,611
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 149,308 3,119,367 0.047865
2012 145,277 2,893,236 0.050213
2011 153,072 2,884,009 0.053076
2010 144,035 2,785,994 0.0517
2009 122,987 2,503,752 0.049121
2 Total of line 1, column (d) ...................... 2 0.251975
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 0.050395
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 3,309,915
5 Multiply line 4 by line 3....................... 5 166,803
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 7,826
7 Add lines 5 and 6......................... 7 174,629
8 Enter qualifying distributions from Part XII, line 4.............. 8 183,908
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 7,826
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 7,826
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 7,826
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 5,850
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,850
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 16
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,992
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet0 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNE
    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 addressbullet  
    14
    The books are in care ofbulletUNION BANK AND TRUST COMPANY Telephone no.bullet (402) 827-6963
    Located atbulletPO BOX 82535LINCOLNNE ZIP+4bullet685012535
    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
     
     
    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
    UNION BANK & TRUST COMPANY CORPORATE TRUSTEE
    8     		17,580    
    PO BOX 82535
    LINCOLN,NE685012535
    US BANK NATIONAL ASSOCIATION CORPORATE TRUSTEE
    0     		4,267    
    525 N 132ND STREET
    OMAHA,NE68514
    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
    NONE
    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.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,226,427
    b
    Average of monthly cash balances.......................
    1b
    133,893
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,360,320
    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
    3,360,320
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    50,405
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,309,915
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    165,496
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    165,496
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    7,826
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,826
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    157,670
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    157,670
    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
    157,670
    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
    183,908
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    183,908
    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
    7,826
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    176,082
    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 7 157,670
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:2012, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 0
    b From 2010....... 0
    c From 2011....... 7,145
    d From 2012....... 3,118
    e From 2013....... 0
    fTotal of lines 3a through e......... 10,263
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 183,908
    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..... 157,670
    e Remaining amount distributed out of corpus 26,238
    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 36,501
    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) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		36,501
    10 Analysis of line 9:
    a Excess from 2010.... 0
    b Excess from 2011.... 7,145
    c Excess from 2012.... 3,118
    d Excess from 2013.... 0
    e Excess from 2014.... 26,238
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    UNITY CHURCH INC
    3424 N 90TH STREET
    OMAHA,NE681344712     		NONE EXEMPT-CHURCH GENERAL FUNDING 178,856
    Total .................................bullet 3a 178,856
    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....     14 110,308  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 692,611  
    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)..   802,919  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13802,919
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    VERA RASMUSSEN IRREV TRUST
    EIN: 47-6132453
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 925 732   193

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    VERA RASMUSSEN IRREV TRUST
    EIN: 47-6132453
    Name of Bond End of Year Book Value End of Year Fair Market Value
    DRIEHAUS SELECT CREDIT FUND    
    NUVEEN HIGH INCOME BOND    
    NUVEEN INFLATION PRO    
    GOLDMAN SACHS COMM STRAT INS    
    JP MORGAN CHASE & CO 98,745 111,903
    BELLSOUTH CORP    
    MORGAN STANLEY 4.2%    
    BOTTLING GROUP 100,833 111,456
    MORGAN STANLEY 5.5% 50,778 54,345
    GENERAL ELECTRIC CAP 100,286 114,482
    BNP PARIBAS MEDIUM TERM 50,454 56,609
    DRIEHAUS ACTIVE INCOME FUND    
    NUVEEN STRATEGIC INCOME    
    OPPENHEIMER SR FLOAT RATE    
    PRINCIPAL PREFERRED SEC INC    

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    VERA RASMUSSEN IRREV TRUST
    EIN: 47-6132453
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMERICAN TOWER CORP    
    AMGEN INC    
    APACHE CORP    
    BANK OF AMERICA CORP    
    CHEVRON CORP 31,840 34,439
    CVS CAREMARK CORP    
    CISCO SYS INC    
    ANADARKO PET CORP    
    CONOCO PHILLIPS    
    EATON VANCE CORP 30,584 32,867
    DOW CHEM CO    
    EXXON MOBIL CORP 26,609 38,737
    FREEPORT-MCMORAN COPPER & GOLD    
    CATERPILLAR INC    
    GENERAL ELEC CO 37,686 32,042
    GOLDMAN SACHS GROUP    
    HEWLETT PACKARD    
    HOME DEPOT INC    
    INTEL CORP 30,672 54,689
    INTERNATIONAL BUSINESS MACHINE    
    JP MORGAN CHASE & CO    
    JOHNSON & JOHNSON 26,071 39,318
    UNITED HEALTHCARE    
    MONDELEZ INTERNATIONAL    
    MICROSOFT CORP 41,689 64,426
    ORACLE CORP    
    PEPSICO INC 40,257 60,046
    HUMANA INC    
    PROCTOR & GAMBLE 28,573 34,614
    QUALCOMM INC    
    EMERSON ELEC CO    
    TARGET CORP    
    TEXAS INSTRUMENTS    
    UNITED TECHNOLOGIES CORP    
    VERIZON COMM INC 16,030 14,689
    WAL MART STORES INC 13,581 25,850
    WELLS FARGO & CO    
    STARBUCKS    
    3M CO 17,340 30,564
    ACE LTD    
    ALTRIA GROUP INC    
    SCHLUMBERGER LTD    
    FIFTH THIRD BANCORP    
    CAPITAL ONE FINANCIAL CORP    
    T ROWE PRICE SC STOCK    
    NUVEEN MID CAP VALUE    
    NUVEEN REAL ESTATE    
    MERK AND CO INC    
    LAUDUS INTL MRKTMASTER INV FD    
    OCCIDENTAL PERTROLEUM CORP 52,545 46,351
    CLIFFS NATRUAL RESOURCES INC    
    DOLLAR TREE INC    
    MAXIM INTEGRATED PRODS    
    SCOUT INTL FD    
    PFIZER INC    
    TERADATA CORP    
    JARDEN CORP    
    PG&E CORP    
    WINDSTREAM CORP    
    YAHOO INC    
    DISNEY WALT CO    
    CITIGROUP INC    
    CMS ENERGY CORP    
    IPATH DOW JONES UBS    
    ABERDEEN FDS    
    GOLDMAN SACHS M C VALUE CL    
    EMC CORP    
    APPLE INC 31,822 46,470
    AUTODESK INC    
    HARLEY DAVIDSON INC    
    MONSANTO INC    
    ABBOTT LABORATORIES 27,073 30,479
    ABBVIE INC 34,987 44,303
    AFLAC INC 45,379 43,130
    AIR PRODUCTS AND CHEMICALS INC 37,382 44,279
    AUTOMATIC DATA PROCESSING 26,961 32,764
    BECTON DICKINSON AND COMMON 28,483 34,094
    COCA COLA CO 52,959 57,588
    COMCAST CORP CLASS A 42,378 47,336
    DU PONT E I DE NEMOURS AND CO 34,560 38,375
    DOVER CORP 25,881 23,811
    KINDER MORGAN INC 28,978 38,417
    KRAFT FOODS GROUP INC 40,122 45,241
    LOWE'S COMPANIES INC 27,387 37,290
    MATTEL INC 34,232 28,469
    MCDONALDS' CORP 39,669 38,886
    MEDTRONIC INC 47,481 57,471
    PAYCHEX INC 37,230 41,045
    REALTY INCOME CORP 40,631 43,416
    ROCKWELL AUTOMATION INC 32,517 29,357
    SYSCO CORP 34,566 37,904
    UNITED PARCEL SERVICE CLASS B 22,596 26,236
    NOVARTIS AG - ADR 45,167 50,222
    POTASH CORP SASKATCHEWAN 18,922 19,956
    VODAFONE GROUP PLC 27,414 22,586

    TY 2014 InvestmentsOtherSchedule2
    Name:
    VERA RASMUSSEN IRREV TRUST
    EIN: 47-6132453
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    VANGUARD SMALL CAP INDEX AT COST 50,792 52,031
    ISHARES S&P MIDCAP 400 AT COST 99,832 104,835
    VANGUARD FTSE DEVELOPED MARKET AT COST 311,845 281,183
    VANGUARD FTSE EMERGING MARKETS AT COST 137,289 140,430
    GOLDMAN SACHS HIGH YIELD FUND AT COST 58,085 53,962
    PIMCO INSTL TOTAL RETURN FUND AT COST 230,658 226,111
    STRATUS GOVERNMENT SECURITIES AT COST 174,543 173,406
    TEMPLETON GLOBAL BOND FUND AT COST 113,082 108,162
    VANGUARD INFLATION PROTECTED AT COST 113,958 112,400

    TY 2014 LegalFeesSchedule
    Name:
    VERA RASMUSSEN IRREV TRUST
    EIN: 47-6132453
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - PRINCIPAL (ALLOCA 1,456 1,152   304


    TY 2014 TaxesSchedule
    Name:
    VERA RASMUSSEN IRREV TRUST
    EIN: 47-6132453
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 136 136   0
    FEDERAL TAX PAYMENT - PRIOR YE 251 0   0
    FEDERAL ESTIMATES - PRINCIPAL 5,850 0   0
    FOREIGN TAXES ON QUALIFIED FOR 504 504   0
    FOREIGN TAXES ON NONQUALIFIED 464 464   0