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
GORDON STREET FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 4469   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHATTANOOGA, TN37405
A Employer identification number

62-0634450
B Telephone number (see instructions)

(423) 265-0295
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$4,431,426J 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 48 48  
4 Dividends and interest from securities...... 97,198 97,198  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 276,497
b Gross sales price for all assets on line 6a 1,160,024
7 Capital gain net income (from Part IV, line 2)... 275,965
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).......      
12 Total. Add lines 1 through 11........ 373,743 373,211  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 73,040 0   73,040
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 20,956 0   20,956
b Accounting fees (attach schedule)....... Click to see attachment 10,025 0   10,025
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 9,882 0   9,882
19 Depreciation (attach schedule) and depletion... Click to see attachment 20,901 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 220,181 0   220,181
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 354,985 0   334,084
25 Contributions, gifts, grants paid........ 30,000 30,000
26 Total expenses and disbursements. Add lines 24 and 25 384,985 0   364,084
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -11,242
b Net investment income (if negative, enter -0-) 373,211
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 454 454 454
2 Savings and temporary cash investments.......... 75,579 275,723 275,723
3 Accounts receivable bullet16
Less: allowance for doubtful accounts bullet     16 16
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)........ 3,512,111 Click to see attachment3,248,421 3,248,421
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)........... 541,755 Click to see attachment513,899 513,899
14 Land, buildings, and equipment: basis bullet2,015,929
Less: accumulated depreciation (attach schedule) bullet1,623,226 1,940,072 Click to see attachment392,703 392,703
15 Other assets (describe bullet) Click to see attachment210 Click to see attachment210 Click to see attachment210
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,070,181 4,431,426 4,431,426
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) Click to see attachment1,007 Click to see attachment6,707
23 Total liabilities (add lines 17 through 22).......... 1,007 6,707
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 6,069,174 4,424,719
30 Total net assets or fund balances (see instructions)...... 6,069,174 4,424,719
31 Total liabilities and net assets/fund balances (see instructions).. 6,070,181 4,431,426
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 6,069,174
2 Enter amount from Part I, line 27a..................... 2 -11,242
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 6,057,932
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 1,633,213
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 4,424,719
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 PROCEEDS FROM SALE OF INVESTMENTS - SEE ATTACHED P 2013-01-02 2014-12-31
b PROCEEDS FROM SALE OF INVESTMENTS - SEE ATTACHED P 2013-01-02 2014-12-31
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 117,941   127,951 -10,010
b 1,040,983   755,008 285,975
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       -10,010
b       285,975
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 275,965
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 26,756 4,046,232 0.006613
2012 392,655 3,870,708 0.101443
2011 412,009 3,696,756 0.111451
2010 391,865 3,827,016 0.102394
2009 354,320 4,029,836 0.087924
2 Total of line 1, column (d) ...................... 2 0.409825
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 0.081965
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 3,950,685
5 Multiply line 4 by line 3....................... 5 323,818
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,732
7 Add lines 5 and 6......................... 7 327,550
8 Enter qualifying distributions from Part XII, line 4.............. 8 364,084
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 3,732
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 3,732
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 3,732
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a  
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 5
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 3,737
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 taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 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
     
    No
    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)
    bulletDE, TN
    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 addressbulletN/A
    14
    The books are in care ofbulletFRANCES STREET SMITH Telephone no.bullet (423) 265-5103
    Located atbullet240 FOREST AVE STE 401CHATTANOOGATN ZIP+4bullet37405
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    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
    FRANCES STREET SMITH TRUSTEE, PRESIDENT
    3.00     		0 0 0
    240 FOREST AVE STE 401
    CHATTANOOGA,TN37405
    SARA S CRIMMINS SECRETARY
    1.00     		0 0 0
    240 FOREST AVE STE 401
    CHATTANOOGA,TN37405
    LOWRANCE S RUNGE TREASURER
    1.00     		0 0 0
    240 FOREST AVE STE 401
    CHATTANOOGA,TN37405
    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 SEE ATTACHMENT A 0
    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
    3,967,262
    b
    Average of monthly cash balances.......................
    1b
    43,586
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,010,848
    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
    4,010,848
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    60,163
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,950,685
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    197,534
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    197,534
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    3,732
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,732
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    193,802
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    193,802
    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
    193,802
    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
    364,084
    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
    364,084
    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
    3,732
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    360,352
    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 7 193,802
    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....... 154,696
    b From 2010....... 212,608
    c From 2011....... 228,935
    d From 2012....... 201,890
    e From 2013....... 9,839
    fTotal of lines 3a through e......... 807,968
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 364,084
    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..... 193,802
    e Remaining amount distributed out of corpus 170,282
    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 5 978,250
    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) ...     		154,696
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		823,554
    10 Analysis of line 9:
    a Excess from 2010.... 212,608
    b Excess from 2011.... 228,935
    c Excess from 2012.... 201,890
    d Excess from 2013.... 9,839
    e Excess from 2014.... 170,282
    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
    THE BRIGHT SCHOOL
    1950 HIXON PIKE
    CHATTANOOGA,TN37405     		  PC GENERAL SUPPORT 25,000
    TENNESSEE CAMP FOR DIABETIC CHILDREN
    PO BOX 11370
    CHATTANOOGA,TN37401     		  PC GENERAL SUPPORT 5,000
    Total .................................bullet 3a 30,000
    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 48  
    4 Dividends and interest from securities....     14 97,198  
    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 .............     		    18 276,497  
    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).. 0 373,743 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13373,743
    (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:
    GORDON STREET FAMILY FOUNDATION
    EIN: 62-0634450
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 10,025 0   10,025

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

    TY 2014 DepreciationSchedule
    Name:
    GORDON STREET FAMILY FOUNDATION
    EIN: 62-0634450
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    CHAIN SAW 2008-03-18 517 425 SL 7.000000000000 74 0    
    TRACTOR 2009-03-13 3,900 2,692 SL 7.000000000000 557 0    
    HVAC UNIT 2009-04-03 6,424 4,360 SL 7.000000000000 918 0    
    CLOTHES DRYER - CARETAKER HOUSE 2009-04-24 444 415 SL 5.000000000000 29 0    
    MATTRESSES (12) FOR CABINS 2009-04-24 920 858 SL 5.000000000000 62 0    
    DINING RM TABLE/SIX CHAIRS FOR LODGE 2009-07-28 250 159 SL 7.000000000000 36 0    
    STOVE 2009-12-15 5,896 3,438 SL 7.000000000000 842 0    
    WASHER FOR CARETAKER'S HOUSE 2010-01-05 141 80 SL 7.000000000000 20 0    
    KENMORE CANISTER VACUUM 2010-01-05 546 313 SL 7.000000000000 78 0    
    WATER HEATER BOOSTER 2010-01-12 2,815 1,609 SL 7.000000000000 402 0    
    FULL SIZE CONTRACTOR BOX FOR TRUCK 2010-01-05 328 188 SL 7.000000000000 23 0    
    FREEZER FOR CARETAKER'S HOUSE 2010-01-29 895 502 SL 7.000000000000 128 0    
    STOVE FOR CARETAKER'S HOUSE 2010-02-23 535 291 SL 7.000000000000 76 0    
    INSTALLATION OF APPLIANCES 2010-02-23 85 46 SL 7.000000000000 12 0    
    FRIGIDAIRE 2-TON HEAT PUMP 2011-05-13 3,870 1,475 SL 7.000000000000 553 0    
    CARPET - CARETAKER'S HOUSE 2011-04-12 6,157 2,419 SL 7.000000000000 880 0    
    LAWNMOWER 2012-07-24 350 99 SL 5.000000000000 35 0    
    STOVE HOOD SYSTEM 2012-10-04 14,895 2,660 SL 7.000000000000 2,128 0    
    REFRIGERATOR 2012-09-28 629 112 SL 7.000000000000 90 0    
    TWO TOILETS 2012-09-28 308 55 SL 7.000000000000 44 0    
    EIGHT CEILING FANS WITH REMOTES 2012-10-08 3,276 585 SL 7.000000000000 468 0    
    (2) STAFF CABIN ROOFING 2012-02-23 4,000 489 SL 15.000000000000 267 0    
    ROOFING - MEN'S CABIN #1 & 2 2012-03-30 5,000 583 SL 15.000000000000 333 0    
    HVAC UNIT 2012-03-30 3,742 936 SL 7.000000000000 535 0    
    HEAT PUMP UNIT 2012-11-15 3,942 657 SL 7.000000000000 563 0    
    FURNISH & INSTALL REDDITHAM BOILER 2012-05-09 5,879 1,400 SL 7.000000000000 840 0    
    ROOF SHOWER HOUSE 2013-02-19 5,860 326 SL 15.000000000000 391 0    
    KING PILLOWTOP 20882 2013-08-27 1,029 68 SL 5.000000000000 206 0    
    F 150 4X4 TRUCK 2013-06-06 26,133 3,049 SL 5.000000000000 5,227 0    
    LOG SPLITTER 2013-05-16 300 35 SL 5.000000000000 30 0    
    FARM/TRACTOR/BUSH HOG-NEW HOLLAN 2013-08-13 20,900 1,244 SL 7.000000000000 2,986 0    
    PRESSURE WASHER 2013-09-23 436 15 SL 7.000000000000 62 0    
    SOFA REUPHOLSTERED 2013-12-23 850   SL 7.000000000000 121 0    
    ROOF INSTALLATION AND DECK REPAIRS 2013-12-23 14,963   SL 39.000000000000 384 0    
    REPLACED LIGHTS AND BULBS 2013-12-17 689   SL 7.000000000000 98 0    
    JOHN DEERE TRACTOR AND TRAILER 2014-03-11 2,000   SL 7.000000000000 238 0    
    POLE SAW 2014-06-06 650   SL 7.000000000000 54 0    
    LOG SPLITTER 2014-08-21 476   SL 7.000000000000 23 0    
    SNAPPER 21'' WALK BEHIND MOWER 2014-10-23 430   SL 7.000000000000 10 0    
    EQPT USED OUTSIDE PRIOR 2008 2000-01-01 19,697 19,697 SL 7.000000000000 0 0    
    TRUCK PRIOR 2008 2000-01-01 13,637 13,637 SL 5.000000000000 0 0    
    LAND IMPROVEMENTS PRIOR 2008 1995-01-01 28,927 28,927 SL 15.000000000000 0 0    
    EQPT INSIDE BLDGS PRIOR 2008 2000-01-01 335,127 335,127 SL 7.000000000000 0 0    
    CAMP REAL ESTATE PRIOR 2008 1984-01-01 22,185   NC 0 % 0 0    
    CAMP BUILDINGS PRIOR 2008 1984-01-01 1,173,354 1,173,354 SL 15.000000000000 0 0    
    25 MATTRESSES 2014-07-17 1,992   SL 3.000000000000 277 0    
    BEDS 2014-07-22 582   SL 7.000000000000 35 0    
    HOT WATER HEATER-STAFF CABIN #2 2014-11-25 518   SL 7.000000000000 6 0    
    CEILING FAN 2014-01-09 49   SL 7.000000000000 7 0    
    DISHWASHER 2014-01-14 439   SL 7.000000000000 63 0    
    WATER SOFTENER SYSTEM-CARETAKER HOME 2014-07-17 1,445   SL 7.000000000000 86 0    
    GUTTERS 2014-09-08 225   SL 7.000000000000 11 0    
    STRAWBERRY HILL PROPERTY 2013-12-01 230,000   NC 0 % 0 0    
    CRUSHER ROCK FOR ROADS 2014-07-17 9,265   SL 15.000000000000 257 0    
    WRAP DUCT WORK-CAMP BLDG 2014-01-03 375   SL 39.000000000000 10 0    
    ROOFING-INFIRMARY 2014-11-18 6,975   SL 39.000000000000 15 0    
    SHOP WALL 2014-11-25 385   SL 39.000000000000 1 0    
    CHAIN SAW 2010-02-23 421   SL 7.000000000000 60 0    
    HEDGE TRIMMER 2010-04-30 300   SL 7.000000000000 43 0    
    ROOFING-CHLORINATOR SHED 2014-11-18 116   SL 39.000000000000 0 0    
    FRENCH DRAINS 2014-07-17 7,401   SL 39.000000000000 79 0    
    GUTTERS 2014-07-17 3,275   SL 39.000000000000 35 0    
    CARETAKER HOUSE IMPROVEMENTS 2014-07-17 5,933   SL 39.000000000000 63 0    
    BATHHOUSE 2014-07-17 2,846   SL 39.000000000000 30 0    

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

    TY 2014 GainLossSaleOtherAssetsSch
    Name:
    GORDON STREET FAMILY FOUNDATION
    EIN: 62-0634450
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    ASSET DISPOSAL   PURCHASED     1,100 1,898   0 532 1,330

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    GORDON STREET FAMILY FOUNDATION
    EIN: 62-0634450
    Name of Stock End of Year Book Value End of Year Fair Market Value
    STOCK INVESTMENTS 3,248,421 3,248,421

    TY 2014 InvestmentsOtherSchedule2
    Name:
    GORDON STREET FAMILY FOUNDATION
    EIN: 62-0634450
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OTHER FIXED INVESTMENTS FMV 513,899 513,899

    TY 2014 LandEtcSchedule2
    Name:
    GORDON STREET FAMILY FOUNDATION
    EIN: 62-0634450
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    CHAIN SAW 517 499 18  
    TRACTOR 3,900 3,249 651  
    HVAC UNIT 6,424 5,278 1,146  
    CLOTHES DRYER - CARETAKER HOUSE 444 444 0  
    DINING RM TABLE/SIX CHAIRS FOR LODGE 250 195 55  
    STOVE 5,896 4,280 1,616  
    WASHER FOR CARETAKER'S HOUSE 141 100 41  
    KENMORE CANISTER VACUUM 546 391 155  
    WATER HEATER BOOSTER 2,815 2,011 804  
    FREEZER FOR CARETAKER'S HOUSE 895 630 265  
    STOVE FOR CARETAKER'S HOUSE 535 367 168  
    INSTALLATION OF APPLIANCES 85 58 27  
    FRIGIDAIRE 2-TON HEAT PUMP 3,870 2,028 1,842  
    CARPET - CARETAKER'S HOUSE 6,157 3,299 2,858  
    STOVE HOOD SYSTEM 14,895 4,788 10,107  
    REFRIGERATOR 629 202 427  
    TWO TOILETS 308 99 209  
    EIGHT CEILING FANS WITH REMOTES 3,276 1,053 2,223  
    (2) STAFF CABIN ROOFING 4,000 756 3,244  
    ROOFING - MEN'S CABIN #1 & 2 5,000 916 4,084  
    HVAC UNIT 3,742 1,471 2,271  
    HEAT PUMP UNIT 3,942 1,220 2,722  
    FURNISH & INSTALL REDDITHAM BOILER 5,879 2,240 3,639  
    ROOF SHOWER HOUSE 5,860 717 5,143  
    KING PILLOWTOP 20882 1,029 274 755  
    F 150 4X4 TRUCK 26,133 8,276 17,857  
    FARM/TRACTOR/BUSH HOG-NEW HOLLAN 20,900 4,230 16,670  
    PRESSURE WASHER 436 77 359  
    SOFA REUPHOLSTERED 850 121 729  
    ROOF INSTALLATION AND DECK REPAIRS 14,963 384 14,579  
    REPLACED LIGHTS AND BULBS 689 98 591  
    JOHN DEERE TRACTOR AND TRAILER 2,000 238 1,762  
    POLE SAW 650 54 596  
    LOG SPLITTER 476 23 453  
    SNAPPER 21'' WALK BEHIND MOWER 430 10 420  
    EQPT USED OUTSIDE PRIOR 2008 19,697 19,697 0  
    TRUCK PRIOR 2008 13,637 13,637 0  
    LAND IMPROVEMENTS PRIOR 2008 28,927 28,927 0  
    EQPT INSIDE BLDGS PRIOR 2008 335,127 335,127 0  
    CAMP REAL ESTATE PRIOR 2008 22,185 0 22,185  
    CAMP BUILDINGS PRIOR 2008 1,173,354 1,173,354 0  
    25 MATTRESSES 1,992 277 1,715  
    BEDS 582 35 547  
    HOT WATER HEATER-STAFF CABIN #2 518 6 512  
    CEILING FAN 49 7 42  
    DISHWASHER 439 63 376  
    WATER SOFTENER SYSTEM-CARETAKER HOME 1,445 86 1,359  
    GUTTERS 225 11 214  
    STRAWBERRY HILL PROPERTY 230,000 0 230,000  
    CRUSHER ROCK FOR ROADS 9,265 257 9,008  
    WRAP DUCT WORK-CAMP BLDG 375 10 365  
    ROOFING-INFIRMARY 6,975 15 6,960  
    SHOP WALL 385 1 384  
    CHAIN SAW 421 60 361  
    HEDGE TRIMMER 300 43 257  
    ROOFING-CHLORINATOR SHED 116 0 116  
    FRENCH DRAINS 7,401 79 7,322  
    GUTTERS 3,275 35 3,240  
    CARETAKER HOUSE IMPROVEMENTS 5,933 63 5,870  
    BATHHOUSE 2,846 30 2,816  


    TY 2014 LegalFeesSchedule
    Name:
    GORDON STREET FAMILY FOUNDATION
    EIN: 62-0634450
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 20,956 0   20,956


    TY 2014 OtherAssetsSchedule
    Name:
    GORDON STREET FAMILY FOUNDATION
    EIN: 62-0634450
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ORG. EXP AT FMV AT END OF YEAR 210 210 210


    TY 2014 OtherDecreasesSchedule
    Name:
    GORDON STREET FAMILY FOUNDATION
    EIN: 62-0634450
    Description Amount
       
       


    TY 2014 OtherExpensesSchedule
    Name:
    GORDON STREET FAMILY FOUNDATION
    EIN: 62-0634450
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATIVE EXP 2,465 0   2,465
    BANK CHARGES 160 0   160
    COMPUTER EXP 2,291 0   2,291
    GAS & OIL EXP 10,842 0   10,842
    POSTAGE 351 0   351
    REPAIRS & MAINTENANCE 48,908 0   48,908
    SUPPLIES 6,378 0   6,378
    WASTE DISPOSAL 8,372 0   8,372
    TOOLS 1,263 0   1,263
    SHOP 2,661 0   2,661
    AUTOMBILE EXP 2,905 0   2,905
    CARETAKER HOUSE EXPENSE 1,284 0   1,284
    UTILITIES 26,401 0   26,401
    SECURITY 330 0   330
    POOL 5,456 0   5,456
    PEST CONTROL 4,735 0   4,735
    PERMITS AND FEES 3,086 0   3,086
    MISC 3 0   3
    FEES MANAGEMENT FEES GOLDMAN SACHS 35,016 0   35,016
    INSURANCE 57,042 0   57,042
    POST OFFICE BOX RENTAL 232 0   232


    TY 2014 OtherLiabilitiesSchedule
    Name:
    GORDON STREET FAMILY FOUNDATION
    EIN: 62-0634450
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL LIABILITIES 1,007 6,707


    TY 2014 TaxesSchedule
    Name:
    GORDON STREET FAMILY FOUNDATION
    EIN: 62-0634450
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 5,588 0   5,588
    FEDERAL TAXES 4,294 0   4,294