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
SEQUOIA FARM FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)145 N MERCHANT ST   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DECATUR, IL62523
A Employer identification number

45-5160833
B Telephone number (see instructions)

(217) 362-8600
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$82,600,163
J 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).............. 20,916,926
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities......      
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -35,843
b Gross sales price for all assets on line 6a 212,267
7 Capital gain net income (from Part IV, line 2)...  
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)....... 2,988,786    
12 Total. Add lines 1 through 11........ 23,869,869 0  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 745,266     745,266
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 55,846     55,846
b Accounting fees (attach schedule)....... 7,800     7,800
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 261,712     261,712
19 Depreciation (attach schedule) and depletion... 2,722,230    
20 Occupancy.............. 393,798     393,798
21 Travel, conferences, and meetings....... 37,742     37,742
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 1,809,192     1,809,192
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,033,586 0   3,311,356
25 Contributions, gifts, grants paid........ 94,565 94,565
26 Total expenses and disbursements. Add lines 24 and 25 6,128,151 0   3,405,921
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 17,741,718
b Net investment income (if negative, enter -0-) 0
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............... 540,956 1,060,163 1,060,163
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........      
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet87,960,479
Less: accumulated depreciation (attach schedule) bullet7,170,414 63,579,790 Click to see attachment80,790,065 81,540,000
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 64,120,746 81,850,228 82,600,163
Liabilities 17 Accounts payable and accrued expenses.......... 13,229 993
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).......... 13,229 993
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 64,107,517 81,849,235
30 Total net assets or fund balances (see instructions)...... 64,107,517 81,849,235
31 Total liabilities and net assets/fund balances (see instructions).. 64,120,746 81,850,228
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 64,107,517
2 Enter amount from Part I, line 27a..................... 2 17,741,718
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 81,849,235
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 81,849,235
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.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable)
(g) Cost or other basis
plus expense of sale
(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69
(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 -35,843
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      
2012      
2011      
2010      
2009      
2 Total of line 1, column (d) ...................... 2  
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  
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4  
5 Multiply line 4 by line 3....................... 5  
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6  
7 Add lines 5 and 6......................... 7  
8 Enter qualifying distributions from Part XII, line 4.............. 8  
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 0
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  
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  
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a  
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
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  
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
 
No
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletAZ, IL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.sequoiafarmfoundation.org
    14
    The books are in care ofbulletTRISHA COOK Telephone no.bullet (217) 362-8600
    Located atbullet145 N MERCHANT STDECATURIL ZIP+4bullet62523
    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
     
    No
    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
     
    No
    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
    HOWARD G BUFFETT President
    5.00
    0    
    145 N MERCHANT ST
    DECATUR,IL62523
    HOWARD W BUFFETT Secretary
    5.00
    0    
    145 N MERCHANT ST
    DECATUR,IL62523
    TRISHA COOK Treasurer
    5.00
    0    
    1315 COUNTRY LANE
    MT ZION,IL62549
    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
    J DOUGLAS OLLER CHIEF OPER OFFICER
    40.00
    171,918 21,396  
    RR 3 BOX 270
    PANA,IL62557
    CHARLES JORDAN SR PROGRAM MGR
    40.00
    121,961 8,943  
    609 N EAST ST
    MOWEAQUA,IL62550
    ROBERT SCHUTT CROP RESEARCH
    40.00
    104,650 2,177  
    21790 ERIN CIRCLE
    GETNA,NE68028
    ARTHUR MILLER IV CROP RESEARCH
    40.00
    68,250 8,883  
    1618 N CIRCLE I ROAD
    WILCOX,AZ85643
    TRACY COLEMAN CROP RESEARCH
    40.00
    60,777 8,768  
    RR1 BOX 183A
    FINDLAY,IL62534
    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
    AZCA DRILLING WELL DRILLING 258,731
    PO BOX 570
    EHRENBERG,AZ85334
    HOLTHAUS BUILDERS CONTRACTOR 370,246
    2670 E 200 NORTH RD
    PANA,IL62557
    WHITEWATER IRRIGATION CONTRACTOR 117,163
    1078 N HIGHWAY 191
    COCHISE,AZ85606
    YETSCH CONCRETE CONTRACTOR 74,020
    555 W JOHN LANE
    SAFFORD,AZ85546
    BNT CONSTRUCTION CONTRACTOR 253,953
    PO BOX 82
    THATCHER,AZ85552
    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 THE FOUNDATION HAS CONTRACTED WITH SOUTHERN ILLINOIS UNIVERSITY, PENNSYLVANIA STATE UNIVERSITY, & PURDUE UNIVERSITY TO EXPERIMENT WITH IMPROVED FARMING TECHNIQUES, INCLUDING NO TILL AND STRIP-TILL; TO ANALYZE SOIL HEALTH AND PRODUCTIVITY UNDER VARYING CIRCUMSTANCES, INCLUDING DIFFERENT FERTILIZER AND SEEDING RATES; TO CONDUCT CROP VARIETY SCREENINGS, AND TO DEVELOP VARIOUS USES OF COVER CROPS TO REDUCE THE DEPENDENCY ON SYNTHETIC FERTILIZERS WHICH CAN BE USED IN DEVELOPING COUNTRIES TO BENEFIT SMALL-SCALE AND SUBSISTENT FARMERS. 26,352,272
    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
    0
    b
    Average of monthly cash balances.......................
    1b
    656,123
    c
    Fair market value of all other assets (see instructions)................
    1c
    19,096,586
    d
    Total (add lines 1a, b, and c).........................
    1d
    19,752,709
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    19,752,709
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    296,291
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    19,456,418
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    972,821
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    972,821
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
     
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    972,821
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    972,821
    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
    972,821
    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
    3,405,921
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    9,528,280
    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
    12,934,201
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    12,934,201
    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 7 972,821
    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.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013....... 21,846,390
    fTotal of lines 3a through e......... 21,846,390
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 12,934,201
    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).........
    0
    d Applied to 2014 distributable amount..... 972,821
    e Remaining amount distributed out of corpus 11,961,380
    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 33,807,770
    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) ...
     
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......
    33,807,770
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013.... 21,846,390
    e Excess from 2014.... 11,961,380
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    MACON COUNTY SHERIFFS OFFICE
    333 SOUTH FRANKLIN STREET
    DEACTUR,IL62523
    NONE GOV VEHICLE 69,764
    MACON COUNTY SHERIFFS OFFICE
    333 SOUTH FRANKLIN STREET
    DECATUR,IL62523
    NONE GOV SIMUNITION EQUIPMENT 24,801
    Total .................................bullet 3a 94,565
    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
    aFARM CASH RENT     16 780,959  
    bGRAIN SALES     16 2,191,381  
    cINSURANCE CLAIM     16 10,000  
    dMISCELLANEOUS INCOME     1 3,084  
    ePATRONAGE REFUNDS     16 3,362  
    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....          
    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 .............
            -35,843
    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)..   2,988,786 -35,843
    13Total. Add line 12, columns (b), (d), and (e)..................
    132,952,943
    (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: 14000265
    Software Version: 2014v5.0


    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
    SEQUOIA FARM FOUNDATION
     
    Employer identification number

    45-5160833
    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
    SEQUOIA FARM FOUNDATION
     
    Employer identification number

    45-5160833
    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
     
     

    HOWARD G BUFFETT FOUNDATION  
    145 N MERCHANT ST
     
    DECATUR, IL62523

    $20,916,926


    (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
    SEQUOIA FARM FOUNDATION
     
    Employer identification number

    45-5160833
    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
    SEQUOIA FARM FOUNDATION
     
    Employer identification number

    45-5160833
    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: 14000265
    Software Version: 2014v5.0

    TY 2014 AccountingFeesSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN: 45-5160833
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    HJERPE & ASSOCIATES CPAS 7,800 0 0 7,800

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

    TY 2014 DepreciationSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN: 45-5160833
    Software ID:14000265
    Software Version:2014v5.0
    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
    FORD TRUCK 2011-01-06 46,889 23,445 SL 20.00 % 9,378      
    IMPROVEMENTS - GRAHAM 2011-10-19 148,949 32,272 SL 10.0000 14,895      
    IMPROVEMENTS - THOMPSON 2011-09-08 91,849 21,432 SL 10.0000 9,185      
    IMPROVEMENTS - BRK B FARM 2011-04-21 74,761 19,936 SL 10.0000 7,476      
    IMPROVEMENTS - MOWEAQUA 2011-02-16 15,350 4,349 SL 10.0000 1,535      
    IMPROVEMENTS - MCDONALD 2011-04-21 51,019 13,605 SL 10.0000 5,102      
    IMPROVEMENTS - HONDO 2011-05-11 13,311 3,549 SL 10.0000 1,331      
    1404 WINCHESTER - HOUSE 2011-10-18 225,858 12,790 SL 2.56 % 5,791      
    1404 WINCHESTER - IMPROVE 2011-12-28 67,100 3,512 SL 2.56 % 1,720      
    BLDG & IMPR - MCDONALD 2011-06-01 80,918 28,904 SL 14.28 % 11,555      
    BLDG & IMPR - BRK A 2011-06-01 65,546 23,414 SL 14.28 % 9,360      
    BLDG & IMPR - BRK B 2011-06-01 2,086 745 SL 14.28 % 298      
    BLDG & IMPR - HONDO 2011-06-01 48,674 17,387 SL 14.28 % 6,951      
    BLDG & IMPR - WALMSLEY 2011-06-01 8,546 3,052 SL 14.28 % 610      
    BLDG & IMPR - THOMPSON 2011-06-01 8,474 3,027 SL 14.28 % 1,210      
    BLDG & IMPR - SCHMIDT 2011-06-01 9,500 3,394 SL 14.28 % 1,357      
    BLDG & IMPR - VARIOUS 2011-06-01 134,073 47,891 SL 14.28 % 19,146      
    IMPROVEMENTS - CONSERVAT 2012-12-26 291,196 43,680 SL 10.00 % 29,120      
    BLDGS/IMPROVE - APACHE 2012-07-01 1,289,103 48,236 SL 2.56 % 33,053      
    IMPROVEMENT - JORDAN 2012-07-01 687,367 69,049 SL 6.67 % 45,847      
    IMPROVEMENT - LAKE FARM 2012-12-01 45,854 9,827 SL 14.29 % 6,553      
    IMPROVEMENT - WINCHESTER 2012-04-01 61,832 6,183 SL 6.67 % 4,124      
    BUILDING IMP - BRK A 2012-07-01 94,577 3,538 SL 2.56 % 2,425      
    BUILDING - DUNCAN 2012-07-02 62,900 2,353 SL 2.56 % 1,613      
    BUILDING/IMP - GRAHAM 2012-12-19 43,007 1,149 SL 2.56 % 1,103      
    IMPROVEMENTS - GRANT 2012-12-27 24,317 2,432 SL 6.67 % 1,622      
    IMPROVEMENTS - HONDO 2012-07-01 7,625 763 SL 6.67 % 509      
    IMPROVEMENTS - MCDONALD 2012-07-01 4,416 442 SL 6.67 % 295      
    BLDG/IMPROVE - THOMPSON 2012-07-01 74,265 2,778 SL 2.56 % 1,904      
    BUILDINGS & EQUIP 2009-01-01 1,182,122 835,457 SL 7.0000 168,875      
    BUILDINGS & EQUIP 2010-06-01 2,360,601 1,102,686 SL 7.0000 337,229      
    OFFICE FURNITURE 2011-11-18 23,700 7,054 SL 7.0000 3,386      
    FARM EQUIPMENT - 7 YR 2011-06-01 892,575 318,834 SL 14.28 % 127,460      
    FORD TRUCK 2011-04-18 37,529 18,765 SL 20.00 % 7,506      
    TRAILER 2011-05-18 12,096 6,048 SL 20.00 % 2,419      
    FORD TRUCK 2011-08-12 54,583 27,292 SL 20.00 % 10,917      
    FORD TRUCK 2011-11-07 50,025 25,013 SL 20.00 % 10,005      
    11' FORD F-250 2011-11-10 37,184 18,592 SL 20.00 % 7,437      
    11' JEEP CHEROKEE LAREDO 2011-11-21 34,593 17,297 SL 20.00 % 6,919      
    OFFICE EQUIPMENT - AZ 2012-12-20 11,590 2,484 SL 14.29 % 1,656      
    OFFICE EQUIP - IL 2012-09-19 3,988 855 SL 14.29 % 570      
    OTHER EQUIP - AZ 2012-12-01 117,943 25,275 SL 14.29 % 16,854      
    OTHER EQUIP - IL 2012-12-01 14,337 3,073 SL 14.29 % 2,049      
    FARM EQUIP - AZ 2012-07-01 3,970,225 850,819 SL 14.29 % 567,345      
    FARM EQUIP - IL 2012-07-01 735,174 157,547 SL 14.29 % 105,056      
    FARM EQUIP - NE 2012-07-01 144,440 30,953 SL 14.29 % 20,640      
    13' FORD F-150 RAPTOR 2012-10-26 51,165 15,350 SL 20.00 % 10,233      
    12' FORD F-150 2012-03-28 30,000 9,000 SL 20.00 % 6,000      
    12' CHEVY SUBURBAN LTZ 2012-03-16 56,914 17,074 SL 20.00 % 11,383      
    12' FORD F-150 RAPTOR 2012-02-20 52,437 15,731 SL 20.00 % 10,487      
    12' FORD F-250 XL 2012-02-01 42,795 12,839 SL 20.00 % 8,559      
    IMPROVEMENT - APACHE FARM 2013-07-25 273,553 9,109 SL 6.67 % 18,246      
    IMPROVEMENT - JORDAN FARM 2013-09-02 225,750 7,517 SL 6.67 % 15,058      
    IMPROVEMENT - LAKE FARM 2013-05-23 44,987 1,498 SL 6.67 % 3,001      
    IMPROVEMENT - 145 LAND 2013-04-03 8,886 296 SL 6.67 % 593      
    IMPROVEMENT - AZ LAND 2013-11-25 5,162 172 SL 6.67 % 344      
    IMPROVEMENT - GRAHAM FARM 2013-01-30 7,573 252 SL 6.67 % 505      
    IMPROVEMENT - GRANT FARM 2013-01-22 20,864 695 SL 6.67 % 1,392      
    IMPROVEMENT - APACHE FARM 2013-03-06 3,138 104 SL 6.67 % 209      
    IMPROVEMENT - LAKE FARM 2013-04-08 26,416 880 SL 6.67 % 1,762      
    IMPROVE- WINCHESTER BLDG 2013-05-23 10,600 170 SL 2.56 % 272      
    IMPROVE - GRANT FRM BLDG 2013-08-15 56,204 541 SL 2.56 % 1,441      
    FURNITURE - LAKE FARM 2013-03-20 2,560 183 SL 14.29 % 366      
    FURNITURE - WINCHESTER 2013-12-06 1,436 103 SL 14.29 % 205      
    FURNITURE - GRANT FARM 2013-05-29 2,495 178 SL 14.29 % 357      
    MACH & EQUIP - AZ FARMS 2013-03-22 7,517 537 SL 14.29 % 1,074      
    RANGE EQUIP - GRANT FARM 2013-07-05 241,699 17,257 SL 14.29 % 34,539      
    6190R - AZ FARM 2013-02-05 158,900 11,345 SL 14.29 % 22,707      
    MACH & EQUIP - AZ FARM 2013-03-14 11,935 852 SL 14.29 % 1,706      
    MACH & EQUIP - AZ FARM 2013-05-02 4,867 348 SL 14.29 % 695      
    JD8430 - AZ FARM 2013-06-11 202,000 14,423 SL 14.29 % 28,866      
    MACH & EQUIP - AZ FARM 2013-06-11 2,490 178 SL 14.29 % 356      
    MACH & EQUIP - AZ FARM 2013-06-17 3,123 223 SL 14.29 % 446      
    JD6330 TRACTOR - AZ FARM 2013-07-11 64,400 4,598 SL 14.29 % 9,203      
    JDH340 LOADER - AZ FARM 2013-07-11 9,900 707 SL 14.29 % 1,415      
    KOMATSU WHL LOAD - AZ FRM 2013-07-22 182,568 13,035 SL 14.29 % 26,089      
    MACH & EQUIP - AZ FARM 2013-08-20 6,290 449 SL 14.29 % 899      
    MACH & EQUIP - AZ FARM 2013-10-21 2,993 214 SL 14.29 % 428      
    JD9230 TRACTOR - AZ FARM 2013-11-07 217,000 15,494 SL 14.29 % 31,009      
    JD8335R TRACTOR- AZ FARM 2013-11-07 252,000 17,993 SL 14.29 % 36,011      
    JD5075E/LDR TRCTR - AZ FM 2013-11-07 32,580 2,326 SL 14.29 % 4,656      
    JD8225 TRACTOR - IL FARM 2013-07-11 200,371 14,306 SL 14.29 % 28,633      
    JD4720 TRACTOR - IL FARM 2013-10-18 31,440 2,245 SL 14.29 % 4,493      
    JD MX MOWER - IL FARM 2013-10-18 5,025 359 SL 14.29 % 718      
    HITCH - JD8225R - IL FARM 2013-12-31 10,745 767 SL 14.29 % 1,535      
    PIVOT - NE FARM 2013-06-19 37,120 2,650 SL 14.29 % 5,304      
    22' KRAUSE DISC - AZ FARM 2013-01-08 45,000 3,213 SL 14.29 % 6,431      
    DICKEY SPRAYER - JORDAN 2013-03-14 9,200 657 SL 14.29 % 1,315      
    MACH & EQUIP - AZ FARM 2013-05-23 668 48 SL 14.29 % 95      
    4630 SPRAY SHLD - AZ FARM 2013-08-15 4,568 326 SL 14.29 % 653      
    16 ROW BOX SYS - IL FARM 2013-01-04 8,510 608 SL 14.29 % 1,216      
    JD1990 CCS DRILL - IL FRM 2013-02-05 133,800 9,553 SL 14.29 % 19,120      
    25' AERATOR - IL FARM 2013-06-11 48,000 3,427 SL 14.29 % 6,859      
    JD 1770 16R PLANTER - IL 2013-11-07 115,000 8,211 SL 14.29 % 16,434      
    9322 GP PLOW - AZ FARM 2013-09-18 29,100 2,078 SL 14.29 % 4,158      
    30' BOOM SPRAY - AZ FARM 2013-09-18 3,682 263 SL 14.29 % 526      
    CALB434 BALER - AZ 2013-10-17 111,950 7,993 SL 14.29 % 15,998      
    ROLLA CONE CLSR - AZ 2013-10-28 5,300 378 SL 14.29 % 757      
    PIVOTS - APACHE FARM 2013-07-18 2,318 166 SL 14.29 % 331      
    PIVOTS - 145 FARM 2013-07-18 39,010 2,785 SL 14.29 % 5,575      
    PIVOTS - LAKE FARM 2013-07-31 33,373 2,383 SL 14.29 % 4,769      
    PIVOTS - NE FARM 2013-10-31 6,998 500 SL 14.29 % 1,000      
    EXPER. EQUIP - AZ FARM 2013-03-27 57,746 4,123 SL 14.29 % 8,252      
    MACH & EQUIP - APACHE FRM 2013-08-15 30,309 2,164 SL 14.29 % 4,331      
    SURVEY EQUP - AZ FARM 2013-12-03 3,338 238 SL 14.29 % 477      
    MACH & EQUIP - BRK-A FARM 2013-12-31 1,508 108 SL 14.29 % 215      
    JD855D GATOR - GRAHAM FRM 2013-11-07 16,625 1,187 SL 14.29 % 2,376      
    MAYRATH AUGER - AZ FARM 2013-04-04 13,818 987 SL 14.29 % 1,975      
    SCALE MONITOR - AZ FARM 2013-10-18 758 54 SL 14.29 % 108      
    MAYRATH AUGER - AZ FARM 2013-11-07 9,180 655 SL 14.29 % 1,312      
    EQUIP - HARVEST - AZ FARM 2013-11-07 13,603 971 SL 14.29 % 1,944      
    72' AUGER - AZ FARM 2013-12-05 10,200 728 SL 14.29 % 1,458      
    EQUIP - HARVEST - AZ FARM 2013-12-05 2,000 143 SL 14.29 % 286      
    744 WAGON - AZ FARM 2013-12-31 3,000 214 SL 14.29 % 429      
    MAYRATH AUGER - AZ FARM 2013-12-31 3,000 214 SL 14.29 % 429      
    CALB 434 BALER - AZ FARM 2013-12-31 3,000 214 SL 14.29 % 429      
    POST HOLE DIGGER - IL FRM 2013-02-05 3,500 250 SL 14.29 % 500      
    JD S670 COMBINE - IL FARM 2013-05-17 116,900 8,347 SL 14.29 % 16,705      
    MAYRATH AUGER - DUNCAN 2013-11-07 13,200 942 SL 14.29 % 1,886      
    MAYRATH AUGER - HONDO 2013-11-07 13,900 992 SL 14.29 % 1,986      
    BRNT 644 WAGON - IL FARM 2013-11-07 15,900 1,135 SL 14.29 % 2,272      
    CAMERA SYSTEM - IL FARM 2013-11-07 662 47 SL 14.29 % 95      
    BRNT 774 WAGON - IL FARM 2013-11-07 26,000 1,856 SL 14.29 % 3,715      
    PRKER 938 AUG WGN - IL 2013-11-07 32,000 2,285 SL 14.29 % 4,573      
    EQUIP - HARVEST - IL FARM 2013-12-31 41,800 2,985 SL 14.29 % 5,973      
    JD650J DOZER - IL FARM 2013-06-11 65,000 4,641 SL 14.29 % 9,289      
    EQUIP - MAINT - IL 2013-10-21 1,949 139 SL 14.29 % 279      
    EQUIP - RTK - IL FARM 2013-12-05 2,732 195 SL 14.29 % 390      
    RADIO EQUIP - AZ 2013-11-04 7,140 510 SL 14.29 % 1,020      
    RADIO EQUIP - IL 2013-11-19 4,586 327 SL 14.29 % 655      
    OFFICE EQUIP - IL 2013-07-18 2,125 152 SL 14.29 % 304      
    COMP EQUIP - AZ 2013-12-17 988 71 SL 14.29 % 141      
    2014 JEEP GR CHER -0720 2013-08-13 69,819 6,982 SL 20.00 % 13,964      
    FORD F350 RC - 1410 2013-10-09 45,234 4,523 SL 20.00 % 9,047      
    FORD F450 CREW - 1926 2013-10-19 60,766 6,077 SL 20.00 % 12,153      
    1968 MACK - 0872 2013-11-26 17,500 1,750 SL 20.00 % 3,500      
    FORD F350 - 4225 2013-12-20 52,625 5,263 SL 20.00 % 10,525      
    FORD F350 CC - 7237 2013-09-19 43,673 4,367 SL 20.00 % 8,735      
    FORD F350 CC - 8575 2013-09-19 42,938 4,294 SL 20.00 % 8,588      
    2014 MACK - 6812 2013-10-01 126,944 12,694 SL 20.00 % 25,389      
    2013 FORD RPTR - 4435 2013-11-05 54,379 5,438 SL 20.00 % 5,438      
    IMPROVEMENTS - APACHE FRM 2013-06-30 929,921 30,966 SL 6.67 % 62,026      
    IMPROVEMENTS - JORDAN FRM 2013-06-30 747,167 24,881 SL 6.67 % 49,836      
    IMPROVEMENTS - LAKE FARM 2013-06-30 676,106 22,514 SL 6.67 % 45,096      
    IMPROVEMENTS - 145 FARM 2013-06-30 481,965 16,049 SL 6.67 % 32,147      
    IMPROVEMENTS - BRK-A FRM 2013-11-14 3,643 260 SL 14.29 % 521      
    IMPROVEMENTS - DUNCAN 2013-06-30 50,547 1,683 SL 6.67 % 3,371      
    IMPROVEMENTS - GRAHAM 2013-06-30 389,561 12,972 SL 6.67 % 25,984      
    IMPROVEMENTS - HONDO 2013-01-30 1,005 72 SL 14.29 % 144      
    IMPROVEMENTS - MCDONALD 2013-11-14 3,920 131 SL 6.67 % 261      
    IMPROVEMENTS - ELWIN 2013-05-16 968 32 SL 6.67 % 65      
    IMPROVEMENTS - HILL 2013-08-16 1,210 86 SL 14.29 % 173      
    IMPROEMENTS - GRANT 2013-06-30 65,177 2,170 SL 6.67 % 4,347      
    IMPROVEMENTS - APACHE 2013-06-30 835,180 11,617 SL 2.56 % 21,414      
    IMPROVEMENTS - JORDAN 2013-06-30 435,691 6,060 SL 2.56 % 11,171      
    IMPROVEMENTS - GRANT 2013-06-30 1,103,132 15,345 SL 2.56 % 28,284      
    PROGRAM ASSETS 2013-06-30 7,358 525 SL 14.29 % 1,051      
    JD 60D EXCAVATOR - IL FRM 2013-01-04 71,100 5,077 SL 14.29 % 10,160      
    JD 855D GATOR - AZ FARM 2013-06-11 18,595 1,328 SL 14.29 % 2,657      
    MACH & EQUIP - AZ FARM 2013-12-31 1,787 128 SL 14.29 % 255      
    JD1990 30' AIR DRILL - IL 2013-07-11 80,639 5,758 SL 14.29 % 11,523      
    2013 FORD F150 RAPTOR 2013-10-02 57,243 5,724 SL 20.00 % 11,449      
    PIVOTS (AZ) 2012-04-12 235,489 50,465 SL 14.29 % 33,651      
    PIVOTS (AZ) 2013-04-12 67,961 4,852 SL 14.29 % 9,712      
    2014 RED FORD RAPTOR AZ 2014-02-18 56,914   SL 5.0000 9,486      
    2014 WHITE F250 AZ 2014-02-20 31,429   SL 5.0000 5,238      
    2014 TAN FOR RAPTOR AZ 2014-04-21 63,767   SL 5.0000 8,502      
    2011 FORD 5150 2014-08-25 48,943   SL 5.0000 3,263      
    2014 F150 RAPTOR IL 2014-08-01 65,245   SL 5.0000 5,437      
    TRAILER IL 2014-08-01 59,900   SL 5.0000 4,992      
    2014 F150 RED IL 2014-10-29 61,695   SL 5.0000 2,057      
    2014 VEHICLE PARTS AZ 2014-11-19 69,339   SL 5.0000 1,156      
    2014 VEHICLE PARTS IL 2014-08-27 39,013   SL 5.0000 2,601      
    2014 VEHICLE PART NE 2014-10-28 12,296   SL 5.0000 410      
    2014 F150 CREW CAB NE 2014-10-31 63,427   SL 5.0000 2,114      
    IMPROVEMENT - APACHE 2014-06-12 26,668   SL 15.0000 1,037      
    IMPROVEMENT - GRAHAM 2014-07-18 49,197   SL 15.0000 1,367      
    IMPROVEMENT - ELWIN 2014-04-29 34,044   SL 15.0000 1,513      
    IMPROVEMENT - HILL 2014-07-28 753   SL 7.0000 45      
    IMPROVEMENT - JACOB 2014-04-29 4,054   SL 15.0000 180      
    BLDG & IMPROV - APACHE 2014-04-14 3,065   SL 15.0000 153      
    BLDG & IMPROV - JORDAN 2014-09-09 7,733   SL 15.0000 172      
    BLDG & IMPROV - LAKE 2014-04-07 5,155   SL 15.0000 258      
    BLDG & IMPROV - DUNCAN 2014-04-09 2,886   SL 15.0000 144      
    BLDG & IMPROV - ELWIN 2014-10-24 10,304   SL 15.0000 114      
    BLDG & IMPROV - HAYS LEG 2014-07-18 42,384   SL 15.0000 1,177      
    IMPROV - AZ WELLS 2014-06-19 48,097   SL 15.0000 1,603      
    IMPROV - NE WELLS 2014-05-28 91,180   SL 15.0000 3,546      
    FURNITURE - APACHE 2014-03-26 1,826   SL 7.0000 196      
    FURNITURE - JORDAN 2014-04-22 17,696   SL 7.0000 1,685      
    FURNITURE - LAKE 2014-02-26 4,109   SL 7.0000 489      
    FURNITURE - WINCHESTER 2014-08-08 2,876   SL 7.0000 171      
    FURNITURE - SPANISH HOUSE 2014-02-10 2,607   SL 7.0000 341      
    FURNITURE - BRK A 2014-03-04 2,338   SL 7.0000 278      
    FURNITURE - BRK B 2014-03-04 2,338   SL 7.0000 278      
    FURNITURE - MCDONALD 2014-03-04 2,338   SL 7.0000 278      
    FURNITURE - OMAHA 2014-06-25 654   SL 7.0000 47      
    FURNITURE - GRANT 2014-08-12 2,466   SL 7.0000 147      
    BINS & TANKS - AZ 2014-09-24 197,802   SL 7.0000 7,064      
    BINS & TANKS - IL 2014-07-18 27,171   SL 7.0000 1,617      
    CLASSROOM EQUIP - GRANT 2014-03-26 801   SL 7.0000 86      
    RANGE EQUIP - GRANT 2014-07-01 5,234   SL 7.0000 374      
    WEATHER EQUIP - AZ 2014-04-28 6,281   SL 7.0000 598      
    JD 6105M TRACTOR - IL 2014-07-17 69,000   SL 7.0000 4,107      
    JD 7830 TRACTOR - IL 2014-09-11 140,000   SL 7.0000 6,667      
    JD997 MOWER - IL 2014-11-05 16,799   SL 7.0000 400      
    JD 997 MOWER - IL 2014-11-05 16,799   SL 7.0000 400      
    JD 5075M - IL 2014-12-08 67,900   SL 7.0000 808      
    PLANTING EQUIP - AZ 2014-07-28 464   SL 7.0000 28      
    PLANTING EQUIP - IL 2014-07-28 927   SL 7.0000 55      
    IMPLEMENT EQUIP - AZ 2014-12-01 128   SL 7.0000 2      
    JD 2510HS - IL 2014-09-30 74,900   SL 7.0000 2,675      
    AZ PIVOTS 2014-06-19 193,302   SL 7.0000 13,807      
    NE PIVOTS 2014-06-30 17,872   SL 7.0000 1,277      
    RESEARCH EQUIP - AZ 2014-08-27 64,445   SL 7.0000 3,069      
    OTHER EQUIP - AZ 2014-06-30 62,689   SL 7.0000 4,478      
    OTHER EQUIP - BRK A 2014-04-08 4,000   SL 7.0000 429      
    OTHER EQUIP - GRANT 2014-05-07 1,772   SL 7.0000 169      
    OTHER EQUIP - IL 2014-09-24 654   SL 7.0000 23      
    JD 855D - ELWIN 2014-11-05 22,350   SL 7.0000 532      
    JD 855D - CHRISTIANSEN 2014-11-01 20,240   SL 7.0000 482      
    JD 3000 - NE 2014-12-08 24,890   SL 7.0000 296      
    HOPPER FOR AUGER - AZ 2014-03-11 380   SL 7.0000 45      
    MAYRATH AUGER 10X31 - AZ 2014-05-07 12,170   SL 7.0000 1,159      
    UNVERFERTH WAGON - AZ 2014-05-08 10,100   SL 7.0000 962      
    COMBINE - AZ 2014-11-05 306,900   SL 7.0000 7,307      
    757 WAGON - IL 2014-02-03 1,650   SL 7.0000 216      
    757 WAGON - IL 2014-02-03 1,650   SL 7.0000 216      
    MAYRATH 12X41AUGER - IL 2014-05-07 6,700   SL 7.0000 638      
    MAYRATH 8X33 AUGER - IL 2014-05-07 5,500   SL 7.0000 524      
    JD 630 FLEX DRAPER - IL 2014-09-11 67,400   SL 7.0000 3,210      
    JD 630 FLEX DRAPER - IL 2014-09-11 67,400   SL 7.0000 3,210      
    UNV HT30 - IL 2014-09-11 3,190   SL 7.0000 152      
    UNV HT30 - IL 2014-09-11 3,190   SL 7.0000 152      
    MAYRATH 12X72 AUGER - IL 2014-09-30 13,900   SL 7.0000 496      
    MAYRATH 10X62 AUGER - IL 2014-09-30 6,900   SL 7.0000 246      
    JD 608C - IL 2014-12-08 158,240   SL 7.0000 1,884      
    MAINT EQUIP - AZ 2014-09-09 2,066   SL 7.0000 98      
    MAINT EQUIP - IL 2014-09-11 20,153   SL 7.0000 960      
    RTK/GPS EQUIP - AZ 2014-08-21 10,343   SL 7.0000 493      
    RADIO EQUIP - AZ 2014-08-18 12,025   SL 7.0000 573      
    RADIO EQUIP - IL 2014-06-02 5,418   SL 7.0000 452      
    RADIO EQUIP - NE 2014-09-09 7,794   SL 7.0000 371      
    OFFICE EQUIP 2014-06-30 1,393   SL 7.0000 100      
    COMUPUTER EQUIP - AZ 2014-09-16 7,065   SL 7.0000 252      
    CAMERA EQUIP - AZ 2014-04-18 5,050   SL 7.0000 481      
    CAMERA EQUIP - IL 2014-11-25 1,231   SL 7.0000 15      
    SECURITY - CHRISTIANSEN 2014-09-25 9,892   SL 7.0000 353      
    SECURITY - IL 2014-11-19 3,116   SL 7.0000 37      
    CAMERA - CHRISTIANSEN 2014-11-14 7,313   SL 7.0000 174      
    RADIO EQUIP - ELWIN 2014-10-23 1,091   SL 7.0000 26      
    RADIO EQUIP - CHRISTIANSE 2014-10-23 1,091   SL 7.0000 26      
    2012 BLK FORD RAPTOR SCSO 2014-05-27 11,833   SL 5.0000 1,381      
    2012 TAN FORD RAPTOR CCSO 2014-10-02 33,768   SL 5.0000 1,688      
    VEHICLE EQUIPEMT 2014-06-17 1,513   SL 5.0000 151      

    TY 2014 LandEtcSchedule2
    Name:
    SEQUOIA FARM FOUNDATION
    EIN: 45-5160833
    Software ID:14000265
    Software Version:2014v5.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Auto./Transportation Equip. 1,642,034 511,189 1,130,845 1,000,000
    Furniture and Fixtures 45,739 5,302 40,437 40,000
    Machinery and Equipment 17,357,154 5,497,162 11,859,992 11,500,000
    Buildings 10,457,773 1,156,761 9,301,012 9,000,000
    Land 58,457,779   58,457,779 60,000,000


    TY 2014 LegalFeesSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN: 45-5160833
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    VARIOUS 55,846 0 0 55,846


    TY 2014 OtherExpensesSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN: 45-5160833
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 3,787     3,787
    CHEMICAL,FERTILIZER, SEED 1,113,409     1,113,409
    CONTRACT LABOR 35,728     35,728
    DONATIONS 500     500
    DUES & SUBSCRIPTIONS 2,837     2,837
    EMPLOYEE BENEFITS 82,846     82,846
    EQUIPMENT MAINTENANCE 56,632     56,632
    EQUIPMENT RENTAL 1,125     1,125
    FUEL 105,736     105,736
    HAULING 24,363     24,363
    INSURANCE - D&O 3,484     3,484
    INSURANCE - PROPERTY 96,059     96,059
    INSURANCE - WORKERS COMP 39,846     39,846
    IRRIGATION MAINTENANCE 21,502     21,502
    LICENSE, PERMITS, & FEES 1,521     1,521
    MISCELLANEOUS 7,691     7,691
    OTHER MAINTENANCE 6,833     6,833
    POSTAGE 857     857
    REPAIRS & MAINTENANCE 46,972     46,972
    SHIPPING 14,446     14,446
    SUPPLIES 105,669     105,669
    TOOLING 9,247     9,247
    VEHICLE LICENSING 15,133     15,133
    VEHICLE MAINTENANCE 12,969     12,969


    TY 2014 OtherIncomeSchedule2
    Name:
    SEQUOIA FARM FOUNDATION
    EIN: 45-5160833
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FARM CASH RENT 780,959    
    GRAIN SALES 2,191,381    
    INSURANCE CLAIM 10,000    
    MISCELLANEOUS INCOME 3,084    
    PATRONAGE REFUNDS 3,362    


    TY 2014 TaxesSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN: 45-5160833
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 58,123     58,123
    REAL ESTATE TAXES 198,527     198,527
    REAL ESTATE TAXES 5,062     5,062