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
JOHN AND JUDY SPOELHOF FOUNDATION
 
% ANN VAN ZALEN
Number and street (or P.O. box number if mail is not delivered to street address)151 CENTRAL AVENUESuite 200Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HOLLAND, MI49423
A Employer identification number

38-2492821
B Telephone number (see instructions)

(616) 494-7400
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$22,403,722J 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).............. 500,910
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 787 787  
4 Dividends and interest from securities...... 490,874 490,874  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,147,538
b Gross sales price for all assets on line 6a 6,120,099
7 Capital gain net income (from Part IV, line 2)... 1,482,723
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........ 2,140,109 1,974,384  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 2,300 2,300 0 0
c Other professional fees (attach schedule).... Click to see attachment 245,723 224,123   10,800
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 23,400 7,917    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 3,153 3,153    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 274,576 237,493 0 10,800
25 Contributions, gifts, grants paid........ 1,252,200 1,252,200
26 Total expenses and disbursements. Add lines 24 and 25 1,526,776 237,493 0 1,263,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 613,333
b Net investment income (if negative, enter -0-) 1,736,891
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............... 228,442 130,406 130,406
2 Savings and temporary cash investments.......... 247,302 634,251 634,251
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges........... 16,757 21,274 21,274
10a Investments—U.S. and state government obligations (attach schedule) 372,370    
b Investments—corporate stock (attach schedule)........ 14,570,393 Click to see attachment15,248,754 21,075,186
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)........... 481,412 Click to see attachment495,324 542,605
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,916,676 16,530,009 22,403,722
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 15,916,676 16,530,009
30 Total net assets or fund balances (see instructions)...... 15,916,676 16,530,009
31 Total liabilities and net assets/fund balances (see instructions).. 15,916,676 16,530,009
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 15,916,676
2 Enter amount from Part I, line 27a..................... 2 613,333
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 16,530,009
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 16,530,009
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 HAHN CAPITAL MGMT - PUBLICLY TRADED SECURITIES P   2014-12-31
b LA FLEUR - PUBLICLY TRADED SECURITIES P   2014-12-31
c GREENLEAF #2 - PUBLICLY TRADED SECURITIES P   2014-12-31
d WINSLOW - PUBLICLY TRADED SECURITIES P   2014-12-31
e LABBETT HIGH YIELD - PUBLICLY TRADED SECURITIES P   2014-12-31
PIMCO MULTI STRAT - PUBLICLY TRADED SECURITIES P   2014-12-31
NFJ - PUBLICLY TRADED SECURITIES P   2014-12-31
BAHL & GAYNOR - PUBLICLY TRADED SECURITIES P   2014-12-31
BAYSIDE INTERNATIONAL P   2014-12-31
MISCELLANEOUS P   2014-12-31
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 912,126   439,531 472,595
b 576,344   435,853 140,491
c 502,143   165,725 336,418
d 1,114,452   943,685 170,767
e 918   883 35
785,225   805,994 -20,769
245,189   283,227 -38,038
1,974,298   1,562,478 411,820
49     49
711     711
      8,644
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       472,595
b       140,491
c       336,418
d       170,767
e       35
      -20,769
      -38,038
      411,820
      49
      711
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,482,723
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 1,840,867 20,829,341 0.088379
2012 955,158 18,823,106 0.050744
2011 912,073 19,143,015 0.047645
2010 1,012,915 18,168,213 0.055752
2009 344,278 15,665,102 0.021977
2 Total of line 1, column (d) ...................... 2 0.264497
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 0.052899
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 21,838,291
5 Multiply line 4 by line 3....................... 5 1,155,224
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 17,369
7 Add lines 5 and 6......................... 7 1,172,593
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,263,000
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 17,369
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 17,369
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 17,369
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 21,274
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 21,274
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 3,905
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet3,905 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? Click to see list of attachments....................
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 changesClick to see list of attachments....
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.Click to see list of attachments
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)
    bulletMI
    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 ofbulletANN VAN ZALEN Telephone no.bullet (616) 494-7405
    Located atbullet151 CENTRAL AVENUE SUITE 200HOLLANDMI ZIP+4bullet49423
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    JOHN SPOELHOF PRESIDENT
    1.0     		0 0 0
    341 WAUKAZOO DRIVE
    HOLLAND,MI49424
    JUDITH SPOELHOF SECRETARY
    1.0     		0 0 0
    341 WAUKAZOO DRIVE
    HOLLAND,MI49424
    SCOTT SPOELHOF TRUSTEE
    1.0     		0 0 0
    41 BAY MEADOWS DRIVE
    HOLLAND,MI49424
    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
    GREENLEAF TRUST ASSET MANAGEMENT 68,473
    211 SOUTH ROSE STREET
    KALAMAZOO,MI490074713
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    21,370,803
    b
    Average of monthly cash balances.......................
    1b
    257,446
    c
    Fair market value of all other assets (see instructions)................
    1c
    542,605
    d
    Total (add lines 1a, b, and c).........................
    1d
    22,170,854
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    22,170,854
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    332,563
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    21,838,291
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,091,915
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,091,915
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    17,369
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    17,369
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,074,546
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,074,546
    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
    1,074,546
    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
    1,263,000
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,263,000
    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
    17,369
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,245,631
    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 1,074,546
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:2012, 2011, 2010 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010....... 106,052
    c From 2011.......  
    d From 2012....... 35,521
    e From 2013....... 830,366
    fTotal of lines 3a through e......... 971,939
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 1,263,000
    a Applied to 2013, but not more than line 2a 0
    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..... 1,074,546
    e Remaining amount distributed out of corpus 188,454
    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 1,160,393
    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......     		 
    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) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		1,160,393
    10 Analysis of line 9:
    a Excess from 2010.... 106,052
    b Excess from 2011....  
    c Excess from 2012.... 35,521
    d Excess from 2013.... 830,366
    e Excess from 2014.... 188,454
    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).)
    JOHN JUDY SPOELHOF
    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
    1ST BAPTIST OF NAPLES
    300 Orange Blossom Dr
    Naples,FL341098919     		NONE PC General Operations 10,000
    70x7 LIFE RECOVERY
    97 West 22nd Street
    Holland,MI49423     		NONE PC General Operations 2,500
    AMERICAN HEART ASSOCIATION
    3940 Peninsular Drive SE Suite 180
    Grand Rapids,MI495466107     		NONE PC General Operations 5,000
    AUDIO SCRIPTURE MINISTRIES
    760 Waverly Rd
    Holland,MI49423     		NONE PC General Operations 10,000
    BENJAMIN'S HOPE
    895 Ottawa Beach Road
    Holland,MI49424     		NONE PC General Operations 15,000
    BOYS & GIRLS CLUB
    PO Box 2652
    Holland,MI49422     		NONE PC General Operations 25,000
    BSCPB
    26231 Mira Way
    Bonita Springs,MI34134     		NONE PC General Operations 2,500
    CALVIN COLLEGE
    3201 Burton St SE
    Grand Rapids,MI49546     		NONE PC General Operations 230,000
    CAMP GENEVA
    3995 N Lakeshore Dr
    Holland,MI49424     		NONE PC General Operations 65,000
    CHILDRENS ADVOCACY CENTER
    12125 Union Street
    Holland,MI49424     		NONE PC General Operations 5,000
    CHRISTIAN LEARNING CENTER
    4340 Burlingame
    Wyoming,MI49509     		NONE PC General Operations 5,000
    CHRISTIAN REFORMED WORLD MISSIONS
    1700 28th St SE
    Grand Rapids,MI495081407     		NONE PC General Operations 10,000
    CITY ON A HILL MINISTRIES
    100 PINE STREET 175
    Zeeland,MI49464     		NONE PC General Operations 2,500
    COMMUNITY ACTION HOUSE
    345 West 14th Street
    Holland,MI49423     		NONE PC General Operations 4,000
    COMMUNITY FOUNDATION OF THE HOLLANDZEELAND
    85 EAST 8TH STREET STE 110
    Holland,MI49423     		NONE PC General Operations 10,000
    COMPASSIONATE HEART MINISTRIES
    100 PINE STE 150
    Zeeland,MI49464     		NONE PC General Operations 125,000
    CRITTER BARN
    9275 Adams St
    Zeeland,MI49464     		NONE PC General Operations 15,000
    DAVENPORT UNIV
    6191 KRAFT AVENUE
    Grand Rapids,MI49512     		NONE PC General Operations 5,000
    DEVOS CHILDRENS HOSPITAL FOUNDATION
    100 MICHIGAN ST NE MC-4
    Grand Rapids,MI49503     		NONE PC General Operations 10,000
    EVERGREEN COMMONS
    480 State Street
    Holland,MI49423     		NONE PC General Operations 5,000
    FAMILY RESEARCH COUNCIL
    801 G Street NW
    Washington,DC20001     		NONE PC General Operations 8,000
    FOCUS ON THE FAMILY
    8605 Explorer Drive
    Colorado Springs,CO809201051     		NONE PC General Operations 10,000
    FOURTH REFORMED CHURCH NEW COMMUNITY
    238 W 15th Street
    Holland,MI49423     		NONE PC General Operations 25,000
    GOOD SAMARITAN MINISTRIES
    513 East 8th Street Suite 25
    Holland,MI49423     		NONE PC General Operations 5,000
    GRAND RAPIDS SYMPHONY
    300 OTTAWA AVE NW STE 100
    Grand Rapids,MI49503     		NONE PC General Operations 5,000
    HOLLAND CHRISTIAN FOUNDATION
    956 Ottawa Ave
    Holland,MI49423     		NONE PC General Operations 50,000
    HOLLAND DEACONS CONFERENCE
    272 East 26th Street
    Holland,MI49423     		NONE PC General Operations 10,000
    HOLLAND FREE HEALTH CLINIC
    99 W 26TH STREET
    Holland,MI49423     		NONE PC General Operations 3,000
    HOLLAND HOME
    2100 RAYBROOK STREET SE SUITE 300
    Grand Rapids,MI49546     		NONE PC General Operations 15,000
    HOLLAND HOSPITAL FOUNDATION
    602 MICHIGAN AVE
    Holland,MI49423     		NONE PC General Operations 3,000
    HOLLAND RESCUE MISSION
    166 S River Ave
    Holland,MI49423     		NONE PC General Operations 20,000
    HOLLAND SYMPHONY ORCHESTRA
    PO Box 2685
    Holland,MI494222685     		NONE PC General Operations 5,000
    HOMECOR
    151 CENTRAL AVE SUITE 280
    Holland,MI49423     		NONE PC General Operations 11,000
    HOPE COLLEGE
    141 East 12th Street
    Holland,MI494229000     		NONE PC General Operations 75,000
    IMMANUEL CHURCH
    325 104TH AVENUE
    Holland,MI49423     		NONE PC General Operations 3,000
    JUBILEE MINISTRIES
    96 W 15th St
    Holland,MI49423     		NONE PC General Operations 5,000
    KIDS HOPE USA
    PO Box 2517
    Holland,MI49422     		NONE PC General Operations 5,000
    LAKESHORE PREGNANCY CTR
    339 River Avenue
    Holland,MI49423     		NONE PC General Operations 2,500
    LIVING ON THE EDGE
    140-D Satellite Blvd NE
    Suwanee,GA300247128     		NONE PC General Operations 12,500
    LUKE SOCIETY
    3409 Gateway Boulevard Suite 1000
    Sioux Falls,SD571061555     		NONE PC General Operations 30,000
    MACKINAC CENTER
    140 West Main Street
    Midland,MI48640     		NONE PC General Operations 2,500
    MEIJER GARDENS FOUNDATION
    2929 Waker NW
    Grand Rapids,MI49544     		NONE PC General Operations 5,000
    MISSION PARTNERS INDIA
    PO BOX 168
    Zeeland,MI49464     		NONE PC General Operations 5,000
    MOODY RADIO
    WGNB BOX 40
    Zeeland,MI49464     		NONE PC General Operations 5,000
    OUTDOOR DISCOVERY CENTER
    A-4214 56th Street
    Holland,MI49423     		NONE PC General Operations 50,000
    PARTNERS WORLD WIDE
    6139 TAHOE DR SE
    Grand Rapids,MI49406     		NONE PC General Operations 20,000
    READY FOR SCHOOL
    100 East 8th St Suite 240
    Holland,MI49423     		NONE PC General Operations 3,000
    REFORMED CHURCH OF AMERICA
    4500 60th Street SE
    Grand Rapids,MI49512     		NONE PC General Operations 12,500
    RESTHAVEN CARE CENTER
    DEVELOPMENT OFFICE
    9 EAST 8TH STREET
    Holland,MI49423     		NONE PC General Operations 10,000
    SHAKESPEARE BEHIND BARS
    C/O REN BROEKHUIZEN
    1057 SOUTH SHORE DRIVE
    Holland,MI49423     		NONE PC General Operations 2,000
    SOUTHWEST FLORIDA COMMUNITY FOUNDATION
    8771 COLLEGE PARKWAY 201
    Ft Myers,FL33919     		NONE PC General Operations 2,500
    SPECIAL OLYMPICS
    Central Michigan University
    Mount Pleasant,MI48859     		NONE PC General Operations 2,500
    THAT THE WORLD MAY KNOW
    956 OTTAWA AVE
    Holland,MI49423     		NONE PC General Operations 5,950
    THE BANNER
    2850 Kalamazoo Ave SE
    Grand Rapids,MI495600001     		NONE PC General Operations 250
    UNITY BRIDGE FUND
    COMMUNITY FOUNDATION
    85 EAST 8TH STREET SUITE 110
    Holland,MI49423     		NONE PC General Operations 15,000
    VAN ANDEL INSTITUTE-HOPE ON THE HILL
    333 Bostwick NE
    Grand Rapids,MI49503     		NONE SO III FI General Operations 7,500
    WHEATON ACADEMY
    900 PRINCE CROSSING ROAD
    West Chicago,IL60185     		NONE PC General Operations 12,500
    WILLOW CREEK ASSOCIATION
    67 EAST ALGONQUIN ROAD SOUTH
    Barrington,IL600106143     		NONE PC General Operations 25,000
    WINGS OF MERCY
    10720 Adams St
    Holland,MI49423     		NONE PC General Operations 2,500
    WINNING AT HOME
    PO Box 1753
    Holland,MI49422     		NONE PC General Operations 4,000
    YOUNG LIFE
    96 West 15th Street Suite 208
    Holland,MI494234916     		NONE PC General Operations 20,000
    Zeeland Christian School
    334 W Central Ave
    Zeeland,MI49464     		NONE PC General Operations 100,000
    HOLLAND CHRISTIAN SCHOOLS
    956 OTTAWA AVE
    HOLLAND,MI49423     		none PC GENERAL OPERATIONS 75,000
    Total .................................bullet 3a 1,252,200
    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 ............     		    14 787  
    4 Dividends and interest from securities....     14 490,874  
    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 1,147,538  
    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)..   1,639,199  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,639,199
    (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
    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
    JOHN AND JUDY SPOELHOF FOUNDATION
     
    Employer identification number

    38-2492821
    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
    JOHN AND JUDY SPOELHOF FOUNDATION
          		Employer identification number

    38-2492821
    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
     
     

    JOHN AND JUDY SPOELHOF  
    151 CENTRAL AVENUE SUITE 200
     
    HOLLAND, MI49423

    		$500,910


    (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
    JOHN AND JUDY SPOELHOF FOUNDATION
          		Employer identification number

    38-2492821
    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
    1
    		 See attached listing of securities $ 500,910 2014-06-13
    (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
    JOHN AND JUDY SPOELHOF FOUNDATION
          		Employer identification number

    38-2492821
    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:  
    Software Version:  

    TY 2014 AccountingFeesSchedule
    Name:
    JOHN AND JUDY SPOELHOF FOUNDATION
    EIN: 38-2492821
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 2,300 2,300    

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    TY 2014 DepreciationSchedule
    Name:
    JOHN AND JUDY SPOELHOF FOUNDATION
    EIN: 38-2492821
    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

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    JOHN AND JUDY SPOELHOF FOUNDATION
    EIN: 38-2492821
    Name of Stock End of Year Book Value End of Year Fair Market Value
    GREENLEAF 1 - SEE ATTACHED 2,589,693 4,274,338
    GREENLEAF 2 - SEE ATTACHED 382,399 298,266
    GREENLEAF 5 - SEE ATTACHED 2,949,962 5,055,127
    WINSLOW - SEE ATTACHED 1,231,819 1,738,522
    LABBETT HIGH YIELD - ATTACHED 572,090 553,713
    BAHL GAYNOR - SEE ATTACHED 6,559,981 8,211,262
    NFJ - SEE ATTACHED 962,810 943,958

    TY 2014 InvestmentsOtherSchedule2
    Name:
    JOHN AND JUDY SPOELHOF FOUNDATION
    EIN: 38-2492821
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT IN PARTNERSHIPS AT COST 495,324 542,605

    TY 2014 OtherExpensesSchedule
    Name:
    JOHN AND JUDY SPOELHOF FOUNDATION
    EIN: 38-2492821
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DIRECTOR EDUCATION EXPENSE 3,153 3,153    


    TY 2014 OtherIncomeSchedule2
    Name:
    JOHN AND JUDY SPOELHOF FOUNDATION
    EIN: 38-2492821
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ORDINARY INCOME FROM PASS-THROUGH      
    ENTITIES, SUBJECT TO UBIT      
    RENTAL INCOME FROM PASS-THROUGH      
    ENTITIES, NOT SUBJECT TO UBIT      
    OTHER INVESTMENT INCOME/LOSS      
    ROYALTIES      
    CAPITAL GAIN/LOSS FROM PASS-THROUGH      
    ENTITIES, SUBJECT TO UBIT      
    ORDINARY INCOME FROM PASS-THROUGH      
    ENTITIES, NOT SUBJECT TO UBIT      


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    JOHN AND JUDY SPOELHOF FOUNDATION
    EIN: 38-2492821
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BAYSIDE INT'L MGMT FEES 5,713 5,713    
    FEES - WINSLOW 14,852 14,852    
    FEES - GREENLEAF #1 19,941 19,941    
    FEES - GREENLEAF #2 456 456    
    FEES - GREENLEAF #5 48,076 48,076    
    FEES - BAYSIDE CAPITAL MGMT 72,000 50,400   10,800
    FEES - LA HIGH Y 1,761 1,761    
    FEES - PIMCO 1,649 1,649    
    FEES - NFJ 10,559 10,559    
    FEES - BAHL GAYNOR 70,716 70,716    


    TY 2014 TaxesSchedule
    Name:
    JOHN AND JUDY SPOELHOF FOUNDATION
    EIN: 38-2492821
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 15,483      
    FOREIGN TAXES - WINSLOW 49 49    
    FOREIGN TAXES - BAYSIDE INT'L 2,112 2,112    
    FOREIGN TAXES - NFJ 3,895 3,895    
    FOREIGN TAXES - BAHL GAYNOR 1,861 1,861