Form990-PF
Click to see attachment

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
The Arthur B Schultz Foundation
 

Number and street (or P.O. box number if mail is not delivered to street address)PO Box 1570   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Lander, WY82520
A Employer identification number

95-3980014
B Telephone number (see instructions)

(775) 832-9222
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$5,334,648J Accounting method:
Modified Cash
(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).............. 10,010
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 120,269 120,269  
5a Gross rents.............. 21,828 21,828  
b Net rental income or (loss) -6,049
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 269,501
b Gross sales price for all assets on line 6a 777,613
7 Capital gain net income (from Part IV, line 2)... 269,501
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 909    
12 Total. Add lines 1 through 11........ 422,517 411,598  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 70,000     70,000
14 Other employee salaries and wages...... 17,600     17,600
15 Pension plans, employee benefits....... 14,706     14,706
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,050     1,050
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 16,929 5,623   6,946
19 Depreciation (attach schedule) and depletion... Click to see attachment 23,400 23,400  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 24,419     24,419
22 Printing and publications.......... 237     237
23 Other expenses (attach schedule)....... Click to see attachment 48,220 24,160   24,060
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 216,561 53,183   159,018
25 Contributions, gifts, grants paid........ 412,492 412,492
26 Total expenses and disbursements. Add lines 24 and 25 629,053 53,183   571,510
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -206,536
b Net investment income (if negative, enter -0-) 358,415
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............... 140,056 115,494 115,494
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet12,370
Less: allowance for doubtful accounts bullet   26,870 12,370 12,370
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)........ 1,722,118 Click to see attachment1,585,749 2,533,108
c Investments—corporate bonds (attach schedule)........ 749,243 Click to see attachment739,426 739,426
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet937,000
Less: accumulated depreciation (attach schedule) bullet165,750 794,650 Click to see attachment771,250 1,934,250
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,432,937 3,224,289 5,334,648
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 attachment35,145 Click to see attachment34,015
23 Total liabilities (add lines 17 through 22).......... 35,145 34,015
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 3,397,792 3,190,274
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)...... 3,397,792 3,190,274
31 Total liabilities and net assets/fund balances (see instructions).. 3,432,937 3,224,289
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 3,397,792
2 Enter amount from Part I, line 27a..................... 2 -206,536
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 3,191,256
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 982
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 3,190,274
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 3M CO COM   2008-10-10 2014-09-16
b 3M CO COM   2012-03-20 2014-09-16
c Activision Blizzard Inc   2013-05-13 2014-05-14
d AQR DIVERSIFIED ARBITRAGE I   2010-07-29 2014-02-25
e Automatic Data Processing   2010-03-19 2014-09-16
Automatic Data Processing   2010-03-19 2014-09-16
Automatic Data Processing   2010-08-24 2014-09-16
C A C I Inc Cl A   2012-09-13 2014-09-18
Call Weight Watchers Int   2014-01-17 2013-08-19
Chemed Corporation New   2013-07-11 2014-07-17
Cisco Systems, Inc   2012-03-12 2014-03-14
Cme Group Inc Cl A   2012-03-20 2014-11-24
Cohen Steers Realty Shares   2010-11-22 2014-05-07
Conversant Inc   2013-09-16 2014-09-18
Cornerstone Therapeutics   2014-01-06 2014-02-04
Exxon Mobil Corporation   2012-03-20 2014-05-07
Fluor Corporation New   2013-07-11 2014-07-17
Gentiva Health Services   2013-03-13 2014-03-12
Google   2012-03-20 2014-02-25
Hewlett-Packard Company   2013-11-06 2014-11-12
Interdigital Inc   2013-05-13 2014-05-12
Lowes Companies Inc   2008-07-28 2014-11-26
Lowes Companies Inc   2008-07-28 2014-11-26
Lowes Companies Inc   2008-07-28 2014-11-26
Lowes Companies Inc   2008-07-28 2014-11-26
Molson Coors Brewing Clb   2012-03-20 2014-09-16
Nasdaq 100 Shares   2012-07-31 2014-06-16
Nasdaq 100 Shares   2012-08-17 2014-06-16
Natures Sunshine Prods   2012-11-05 2014-11-12
Nordion Inc   2014-03-14 2014-08-11
Northern Tier Energy Lp   2013-01-04 2014-01-06
Nvidia Corp   2012-05-10 2014-05-14
OAKMARK FDS OAKMARK INTL   2012-10-31 2014-09-26
Osterweis Fund   2004-06-02 2014-06-27
Osterweis Fund   2004-11-22 2014-06-27
Pimco Short Term Instl   2011-11-22 2014-09-26
Put Ebay Inc   2014-04-17 2014-01-23
Put Ebay Inc   2014-07-18 2014-04-21
Put Express Script   2014-01-17 2013-10-29
Put Express Script   2014-05-16 2013-12-24
Put Natl Oilwell Varco   2014-01-17 2013-08-19
Put Natl Oilwell Varco   2014-05-16 2014-01-23
Schw Intl Eq Etf   2013-05-23 2014-05-07
Scudder Gold Precious   2007-12-18 2014-02-25
Scudder Gold Precious   2008-11-19 2014-02-25
Seagate Technology Plc   2013-01-04 2014-01-06
Synaptics Inc   2013-11-06 2014-11-12
Travelzoo Inc   2013-01-04 2014-01-06
United St Commodity Etf   2013-12-26 2014-09-26
United Therapeutics Corp   2013-07-11 2014-07-17
Vaalco Energy Inc New   2013-03-13 2014-03-12
Vanguard Dividend ETF   2010-12-21 2014-04-15
Vanguard Dividend ETF   2010-12-21 2014-05-07
Vanguard Emerging Markets Fund   2009-12-18 2014-01-28
Vanguard Financials   2012-08-01 2014-05-07
Vanguard Financials   2012-08-01 2014-05-07
Vanguard Intl Eqty Index   2012-06-28 2014-05-07
Walgreen Company   2010-08-24 2014-05-07
(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 26,506   9,246 17,260
b 16,222   10,020 6,202
c 6,913   5,008 1,905
d 20,080   20,000 80
e 4,170   2,229 1,941
33,359   17,832 15,527
34,527   16,117 18,410
6,541   5,033 1,508
203     203
6,458   4,981 1,477
5,396   5,025 371
14,120   9,988 4,132
20,000   15,627 4,373
7,628   4,959 2,669
4,988   5,037 -49
11,871   9,999 1,872
6,295   5,031 1,264
3,568   5,011 -1,443
19,485   10,127 9,358
7,123   5,014 2,109
3,704   4,989 -1,285
3,132   988 2,144
6,263   1,976 4,287
6,263   1,976 4,287
14,280   4,504 9,776
17,883   9,993 7,890
32,848   23,142 9,706
57,853   42,782 15,071
5,141   5,069 72
6,344   5,004 1,340
5,174   4,987 187
7,311   4,973 2,338
15,000   11,458 3,542
41,135   26,179 14,956
8,816   6,063 2,753
12,950   12,816 134
499     499
529     529
170     170
794     794
1,144     1,144
623     623
5,535   5,011 524
8,860   11,218 -2,358
992   1,000 -8
9,090   5,022 4,068
6,872   4,986 1,886
5,562   5,036 526
4,906   5,023 -117
6,669   5,042 1,627
3,526   5,055 -1,529
50,030   35,490 14,540
20,962   14,620 6,342
58,184   19,757 38,427
1,958   1,371 587
17,797   12,468 5,329
39,165   30,048 9,117
34,196   13,782 20,414
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       17,260
b       6,202
c       1,905
d       80
e       1,941
      15,527
      18,410
      1,508
      203
      1,477
      371
      4,132
      4,373
      2,669
      -49
      1,872
      1,264
      -1,443
      9,358
      2,109
      -1,285
      2,144
      4,287
      4,287
      9,776
      7,890
      9,706
      15,071
      72
      1,340
      187
      2,338
      3,542
      14,956
      2,753
      134
      499
      529
      170
      794
      1,144
      623
      524
      -2,358
      -8
      4,068
      1,886
      526
      -117
      1,627
      -1,529
      14,540
      6,342
      38,427
      587
      5,329
      9,117
      20,414
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 2 269,501
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 1,403
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 29,085 5,566,326 000.005225
2012 575,462 3,388,043 000.169851
2011 546,825 3,303,378 000.165535
2010 880,888 6,334,422 000.139064
2009 724,719 6,525,819 000.111054
2 Total of line 1, column (d) ...................... 2 000.590729
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. . . 		3 000.118146
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 3,339,715
5 Multiply line 4 by line 3....................... 5 394,574
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,584
7 Add lines 5 and 6......................... 7 398,158
8 Enter qualifying distributions from Part XII, line 4.............. 8 583,880
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 3,584
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 3,584
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,584
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 1,200
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.............. Part VI Line 7 - Tax Paid with the Original Return: 1200 7 1,200
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,384
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$   (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)
    bulletWY
    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. Click to see attachment...............................
    10
    Yes
     
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.absfoundation.org
    14
    The books are in care ofbulletRachael Knapp Richards Telephone no.bullet (775) 832-9222
    Located atbullet10 Lewis DriveLanderWY ZIP+4bullet82520
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16Yes  
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bulletNO
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    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
    Arthur B Schultz Chairman
    000.00     		0    
    PO Box 1570
    Lander,WY82520
    Erik Schultz Chairman of the Board
    000.00     		0 10,383  
    PO Box 1570
    Lander,WY82520
    Dave Straley Board Member
    000.00     		0    
    PO Box 1570
    Lander,WY82520
    Jon Schultz Board Member
    000.00     		0    
    PO Box 1570
    Lander,WY82520
    Einar Christensen Board Member
    000.00     		0    
    PO Box 1570
    Lander,WY82520
    Mike Testa Board Member
    000.00     		0    
    PO Box 1570
    Lander,WY82520
    Rachel Richards Executive Director
    030.00     		70,000 4,324  
    PO Box 1570
    Lander,WY82520
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 NA 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 Loans to GreenWood 12,370
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet12,370
    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
    3,258,880
    b
    Average of monthly cash balances.......................
    1b
    90,809
    c
    Fair market value of all other assets (see instructions)................
    1c
    40,885
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,390,574
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    3,390,574
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    50,859
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,339,715
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    166,986
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    166,986
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    3,584
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,584
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    163,402
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    163,402
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    163,402
    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 Click to see attachment..........
    1a
    571,510
    b
    Program-related investments—total from Part IX-B..................
    1b
    12,370
    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
    583,880
    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
    3,584
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    580,296
    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 7 163,402
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 406,524
    b From 2010....... 568,895
    c From 2011....... 376,362
    d From 2012....... 391,443
    e From 2013....... 6,458
    fTotal of lines 3a through e......... 1,749,682
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 583,880
    a Applied to 2013, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2014 distributable amount..... 163,402
    e Remaining amount distributed out of corpus 420,478
    5 Excess distributions carryover applied to 2014.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 2,170,160
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		406,524
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		1,763,636
    10 Analysis of line 9:
    a Excess from 2010.... 568,895
    b Excess from 2011.... 376,362
    c Excess from 2012.... 391,443
    d Excess from 2013.... 6,458
    e Excess from 2014.... 420,478
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Rachael Knapp Richards
    PO Box 1570
    Lander,WY82520
    (208) 340-3397
    bThe form in which applications should be submitted and information and materials they should include:
    Letter of Intent first guide lines at www.absfoundation.org
    cAny submission deadlines:
    see website
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    see website
    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
    A Leg to Stand On
    267 Fifth Ave
    New York,NY10016     		  PC Disabled Mobility 17,000
    Akilah Institute
    109 Brush Street Suite 300
    Tampa,FL33602     		  PC Womens Empowerment 10,500
    Asante Africa Foundation
    1334 Carlton Place
    Livermore,CA94550     		  PC Womens Empowerment 10,000
    Creativity for Peace
    369 Montezuma Ave 556
    Santa Fe,NM87501     		  PC Womens Empowerment 2,000
    Future of Nicaragua Foundation
    5153 Westbard Ave
    Bethesda,MD20816     		  PC Disabled Mobility 6,400
    Global Mobility
    7536 Tyrone Ave
    Van Nuys,CA91405     		  NC Disabled Mobility 18,000
    Kien Tuong Wheelchair Factory
    50A Phu Tho Street Ward 2 District
    Ho Chi Minh City    
    VM     		  PC Disabled Mobility 972
    Lander Community Foundation
    PO Box 1131
    Lander,WY82520     		  PC Discretionary 1,000
    Miraclefeet
    410 West Main Street
    Carrboro,NC27510     		  PC Disabled Mobility 15,000
    Northern Kenya Fund
    370 Sawmill Road
    Bozeman,MT59715     		  PC Womens Empowerment 10,000
    Nurturing Minds
    PO Box 144
    Valley Forge,PA19481     		  PC Womens Empowerment 19,600
    Olaf Mine Fund
    PO Box 374
    1301 Sandvk    
    NO     		  NC Discretionary 1,010
    One World Children's Fund -Akili Dada
    1016 Lincoln Blvd
    San Francisco,CA94129     		  PC Womens Empowerment 15,000
    Rwanda Girls Initiative
    PO Box 3325
    Medina,WA98039     		  PC Womens Empowerment 15,000
    Sanvika Barne-og ungdomsteater
    SBUT PB 5 N-1301
    Sandvika    
    NO     		  NC Discretionary 1,010
    Tahoe Nordic SAR
    PO Box 7703
    Tahoe City,CA96145     		  PC Discretionary 500
    Teton Valley Trails and Pathways
    PO Box 373
    Driggs,ID83422     		  PC Discretionary 1,000
    Thriive
    PO Box 5339
    Ketchum,ID83340     		a, d POF Womens Empowerment 250,000
    Village Enterprise Fund
    751 Laurel Street PMB 222
    San Carlos,CA94070     		  PC Womens Empowerment 10,000
    Xela aid
    111 W Ocean Blvd 4th Floor
    Long Beach,CA90802     		  PC Womens Empowerment 8,000
    Yoga Kids on Wheels
    1385 Shattuck Ave 302
    Berkeley,CA94709     		  PC Discretionary 500
    Total .................................bullet 3a 412,492
    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....     14 120,269  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 -6,049  
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 269,501  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aGreenwood Interest     14   909
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   383,721 909
    13Total. Add line 12, columns (b), (d), and (e)..................
    13384,630
    (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.)
    11 b Interest from a loan to Greenwood to pay for education so local villagers in Peru can produce fine wood work
    11b sustainable forest products
    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: 14000292
    Software Version: 14.4.1.0
    Part VI Line 7 - Tax Paid with the Original Return: 1,200


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2014
    Name of the organization
    The Arthur B Schultz Foundation
     
    Employer identification number

    95-3980014
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




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

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 2
    Name of organization
    The Arthur B Schultz Foundation
          		Employer identification number

    95-3980014
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    Arthur B Schultz  
    501 Lakeshore Blvd Unit 50
     
    Incline Village, NV89452

    		$10,010


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 3
    Name of organization
    The Arthur B Schultz Foundation
          		Employer identification number

    95-3980014
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    The Arthur B Schultz Foundation
          		Employer identification number

    95-3980014
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Additional Data


    Software ID: 14000292
    Software Version: 14.4.1.0

    TY 2014 AccountingFeesSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:14000292
    Software Version:14.4.1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Dave B Straley 1,050     1,050

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

    TY 2014 DepreciationSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:14000292
    Software Version:14.4.1.0
    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
    620 West Table Rock Rd, Alta, WY 2008-11-30 936,000 142,350 Straight Line 0000000040.000000000000 23,400 23,400    

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

    TY 2014 GainLossSaleOtherAssetsSch
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:14000292
    Software Version:14.4.1.0
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    3M CO COM 2008-10   2014-09   26,506 9,246     17,260  
    3M CO COM 2012-03   2014-09   16,222 10,020     6,202  
    Activision Blizzard Inc 2013-05   2014-05   6,913 5,008     1,905  
    AQR DIVERSIFIED ARBITRAGE I 2010-07   2014-02   20,080 20,000     80  
    Automatic Data Processing 2010-03   2014-09   4,170 2,229     1,941  
    Automatic Data Processing 2010-03   2014-09   33,359 17,832     15,527  
    Automatic Data Processing 2010-08   2014-09   34,527 16,117     18,410  
    C A C I Inc Cl A 2012-09   2014-09   6,541 5,033     1,508  
    Call Weight Watchers Int 2014-01   2013-08   203       203  
    Chemed Corporation New 2013-07   2014-07   6,458 4,981     1,477  
    Cisco Systems, Inc 2012-03   2014-03   5,396 5,025     371  
    Cme Group Inc Cl A 2012-03   2014-11   14,120 9,988     4,132  
    Cohen Steers Realty Shares 2010-11   2014-05   20,000 15,627     4,373  
    Conversant Inc 2013-09   2014-09   7,628 4,959     2,669  
    Cornerstone Therapeutics 2014-01   2014-02   4,988 5,037     -49  
    Exxon Mobil Corporation 2012-03   2014-05   11,871 9,999     1,872  
    Fluor Corporation New 2013-07   2014-07   6,295 5,031     1,264  
    Gentiva Health Services 2013-03   2014-03   3,568 5,011     -1,443  
    Google 2012-03   2014-02   19,485 10,127     9,358  
    Hewlett-Packard Company 2013-11   2014-11   7,123 5,014     2,109  
    Interdigital Inc 2013-05   2014-05   3,704 4,989     -1,285  
    Lowes Companies Inc 2008-07   2014-11   3,132 988     2,144  
    Lowes Companies Inc 2008-07   2014-11   6,263 1,976     4,287  
    Lowes Companies Inc 2008-07   2014-11   6,263 1,976     4,287  
    Lowes Companies Inc 2008-07   2014-11   14,280 4,504     9,776  
    Molson Coors Brewing Clb 2012-03   2014-09   17,883 9,993     7,890  
    Nasdaq 100 Shares 2012-07   2014-06   32,848 23,142     9,706  
    Nasdaq 100 Shares 2012-08   2014-06   57,853 42,782     15,071  
    Natures Sunshine Prods 2012-11   2014-11   5,141 5,069     72  
    Nordion Inc 2014-03   2014-08   6,344 5,004     1,340  
    Northern Tier Energy Lp 2013-01   2014-01   5,174 4,987     187  
    Nvidia Corp 2012-05   2014-05   7,311 4,973     2,338  
    OAKMARK FDS OAKMARK INTL 2012-10   2014-09   15,000 11,458     3,542  
    Osterweis Fund 2004-06   2014-06   41,135 26,179     14,956  
    Osterweis Fund 2004-11   2014-06   8,816 6,063     2,753  
    Pimco Short Term Instl 2011-11   2014-09   12,950 12,816     134  
    Put Ebay Inc 2014-04   2014-01   499       499  
    Put Ebay Inc 2014-07   2014-04   529       529  
    Put Express Script 2014-01   2013-10   170       170  
    Put Express Script 2014-05   2013-12   794       794  
    Put Natl Oilwell Varco 2014-01   2013-08   1,144       1,144  
    Put Natl Oilwell Varco 2014-05   2014-01   623       623  
    Schw Intl Eq Etf 2013-05   2014-05   5,535 5,011     524  
    Scudder Gold Precious 2007-12   2014-02   8,860 11,218     -2,358  
    Scudder Gold Precious 2008-11   2014-02   992 1,000     -8  
    Seagate Technology Plc 2013-01   2014-01   9,090 5,022     4,068  
    Synaptics Inc 2013-11   2014-11   6,872 4,986     1,886  
    Travelzoo Inc 2013-01   2014-01   5,562 5,036     526  
    United St Commodity Etf 2013-12   2014-09   4,906 5,023     -117  
    United Therapeutics Corp 2013-07   2014-07   6,669 5,042     1,627  
    Vaalco Energy Inc New 2013-03   2014-03   3,526 5,055     -1,529  
    Vanguard Dividend ETF 2010-12   2014-04   50,030 35,490     14,540  
    Vanguard Dividend ETF 2010-12   2014-05   20,962 14,620     6,342  
    Vanguard Emerging Markets Fund 2009-12   2014-01   58,184 19,757     38,427  
    Vanguard Financials 2012-08   2014-05   1,958 1,371     587  
    Vanguard Financials 2012-08   2014-05   17,797 12,468     5,329  
    Vanguard Intl Eqty Index 2012-06   2014-05   39,165 30,048     9,117  
    Walgreen Company 2010-08   2014-05   34,196 13,782     20,414  

    TY 2014 GeneralExplanationAttachment
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:14000292
    Software Version:14.4.1.0
    Identifier Return Reference Explanation
      Part XV Foundation Status of the Recipient Kien Tuong Wheelchair Factory shown as NC is a Foreign Eq Part XV Foundation Status of the Recipient Kien Tuong Wheelchair Factory shown as NC is a Foreign Equivalent of a Public Charity Olaf Mine Fund shown as NC is a Foreign Equivalent of a Public Charity Sandvika Barne og ungdomsteater shown as NC is a Foreign Equivalent of a Public Charity.

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:14000292
    Software Version:14.4.1.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    All Bonds 739,426 739,426

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:14000292
    Software Version:14.4.1.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Domestic Value Equities 1,585,749 2,533,108

    TY 2014 LandEtcSchedule2
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:14000292
    Software Version:14.4.1.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Table Rock House 937,000 165,750 771,250 1,934,250


    TY 2014 LegalFeesSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:14000292
    Software Version:14.4.1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes


    TY 2014 OtherDecreasesSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:14000292
    Software Version:14.4.1.0
    Description Amount
       
       


    TY 2014 OtherExpensesSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:14000292
    Software Version:14.4.1.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Bank Fees 228 128   100
    Computer and Internet 6,626     6,626
    Dues and Subscriptions 725     725
    Insurance Commercial Property Rental 3,152 3,152    
    Insurance Directors and Officers 1,250     1,250
    Management expense Rental 3,655 3,655    
    Maintenance and Repairs Rental 9,108 9,108    
    Marketing Expense 746     746
    Direct Program Related expenses 390     390
    Office Expense includes postage and delivery 1,850     1,850
    Professional Development 317     317
    Telephone, fax, emal 1,724     1,724
    Utilities Rental 8,117 8,117    
    Board Fees 3,000     3,000
    Board Meeting Expenses 7,332     7,332


    TY 2014 OtherIncomeSchedule2
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:14000292
    Software Version:14.4.1.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Interest Income from Greenwood Loan 909    


    TY 2014 OtherLiabilitiesSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:14000292
    Software Version:14.4.1.0
    Description Beginning of Year - Book Value End of Year - Book Value
    Payroll liabilities 3,171 1,767
    Capital One Visa 5,229 5,504
    Unearned Grant Income 26,745 26,744


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:14000292
    Software Version:14.4.1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes


    TY 2014 SubstantialContributorsSch
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:14000292
    Software Version:14.4.1.0
    Name Address
    Arthur B Schultz 501 Lakeshore Blvd Unit 50
    Incline Village,NV89452


    TY 2014 TaxesSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN: 95-3980014
    Software ID:14000292
    Software Version:14.4.1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Tax on investment income 4,360      
    Property Tax Rental 3,846 3,846    
    Foreign Tax 1,777 1,777    
    Payroll Tax 6,946     6,946