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
MICHAEL & DONNA KAPLAN FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)3400 SYCAMORE LANE NORTH   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PLYMOUTH, MN55441
A Employer identification number

46-4374951
B Telephone number (see instructions)

(763) 559-3358
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$602,368J 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).............. 149,640
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 1 1 1
4 Dividends and interest from securities...... 7,593 7,593 7,593
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 11,022
b Gross sales price for all assets on line 6a 326,360
7 Capital gain net income (from Part IV, line 2)... 11,022
8 Net short-term capital gain......... 11,022
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 11,042 11,042 6,104
12 Total. Add lines 1 through 11........ 179,298 29,658 24,720
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 7,572 7,572 7,572  
b Accounting fees (attach schedule)....... Click to see attachment 925 925 925  
c Other professional fees (attach schedule).... Click to see attachment 3,835 3,835 3,835  
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 283 283 283  
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 12,615 12,615 12,615 0
25 Contributions, gifts, grants paid........ 66,770 66,770
26 Total expenses and disbursements. Add lines 24 and 25 79,385 12,615 12,615 66,770
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 99,913
b Net investment income (if negative, enter -0-) 17,043
c Adjusted net income (if negative, enter -0-)... 12,105
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............... 500,000    
2 Savings and temporary cash investments..........   25,314 25,314
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)...........   Click to see attachment574,599 577,054
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) 500,000 599,913 602,368
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................... 500,000 599,913
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)...... 500,000 599,913
31 Total liabilities and net assets/fund balances (see instructions).. 500,000 599,913
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)............... 1 500,000
2 Enter amount from Part I, line 27a..................... 2 99,913
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 599,913
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. 6 599,913
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 11,022
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 11,022
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 1 341
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........................... 3 341
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- ..... 5 341
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 9 341
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
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMN
    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 ofbulletMICHAEL KAPLAN Telephone no.bullet (763) 559-3358
    Located atbullet3400 SYCAMORE LANE NORTHPLYMOUTHMN ZIP+4bullet55441
    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
    MICHAEL KAPLAN President
    0.00     		0    
    3400 SYCAMORE LANE NORTH
    PLYMOUTH,MN55441
    DONNA KAPLAN Vice President
    0.00     		0    
    3400 SYCAMORE LANE NORTH
    PLYMOUTH,MN55441
    LEON STEINBERG Director
    0.00     		0    
    3523 GREEN RIDGE ROAD
    MINNETONKA,MN55305
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............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
    486,749
    b
    Average of monthly cash balances.......................
    1b
    45,113
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    531,862
    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
    531,862
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    7,978
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    523,884
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    26,194
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    26,194
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    341
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    341
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    25,853
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    25,853
    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
    25,853
    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
    66,770
    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
     
    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
    66,770
    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
    66,770
    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 25,853
    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.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 66,770
    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..... 25,853
    e Remaining amount distributed out of corpus 40,917
    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 40,917
    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 ......     		40,917
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014.... 40,917
    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).)
    MICHAEL KAPLAN
    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
    AMERICAN DIABETES
    1701 NORTH BEAUREGARD ST
    ALEXANDRIA,VA22311     		NONE PC SUPPORT 150
    AMERICAN FOUNDATION FOR THE BLIND
    2 PENN PLAZA SUITE 1102
    NEW YORK,NY10121     		NONE PC SUPPORT 300
    AMERICAN INDIAN EDUCATION FOUNDATIO
    PO BOX 27491
    ALBUQUERQUE,NM87125     		NONE PC SUPPORT 250
    AMERICAN INDIAN RELIEF
    PO BOX 6200
    RAPID CITY,SD57709     		NONE PC SUPPORT 400
    AMERICAN KIDNEY FUND
    11921 ROCKVILLE PIKE SUITE 300
    ROCKVILLE,MD20852     		NONE PC SUPPORT 60
    AMERICAN PARKINSON
    135 PARKINSON AVE
    STATEN ISLAND,NY10305     		NONE PC SUPPORT 250
    AMERICAN RED CROSS
    2025 EAST ST NW
    WASHINGTON,DC20006     		NONE PC SUPPORT 2,000
    AMERICAN REFUGEE COMMITTEE
    615 1ST AVE NE SUITE 500
    MINNEAPOLIS,MN55413     		NONE PC SUPPORT 1,000
    AMNESTY INTERNATIONAL
    5 PENN PLAZA
    NEW YORK,NY10001     		NONE PC SUPPORT 500
    ANIMAL HUMANE SOCIETY
    845 MEADOW LN N
    GOLDEN VALLEY,MN55422     		NONE PC SUPPORT 500
    ANTI-DEFAMATION LEAGUE
    605 3RD AVE
    NEW YORK,NY10158     		NONE PC SUPPORT 800
    ASPCA
    424 E 92ND ST
    NEW YORK,NY10128     		NONE PC SUPPORT 250
    AVENUES FOR HOMELESS YOUTH
    1708 OAK PARK AVENUE NORTH
    MINNEAPOLIS,MN55411     		NONE PC SUPPORT 100
    BE THE MATCH NATIONAL MARROW DONOR
    3001 BROADWAY ST NE SUITE 100
    MINNEAPOLIS,MN55413     		NONE PC SUPPORT 50
    BEACON
    2610 UNIVERSITY AVE W SUITE 100
    ST PAUL,MN55414     		NONE PC SUPPORT 2,000
    BOYS AND GIRLS CLUB
    690 JACKSON ST
    ST PAUL,MN55130     		NONE PC SUPPORT 360
    BREAST CANCER RESEARCH
    60 E 56TH ST 8TH FLOOR
    NEW YORK,NY10022     		NONE PC SUPPORT 250
    BRIDGE FOR YOUTH
    1111 W 22ND ST
    MINNEAPOLIS,MN55405     		NONE PC SUPPORT 150
    CANINE COMPANIONS FOR INDEPENDENCE
    PO BOX 446
    SANTA ROSA,CA95402     		NONE PC SUPPORT 200
    CANVAS
    7066 STILLWATER BLVD N
    OAKDALE,MN55128     		NONE PC SUPPORT 280
    CARE
    151 ELLIS ST NE
    ATLANTA,GA30303     		NONE PC SUPPORT 2,000
    CATHOLIC CHARITIES
    1200 2ND AVE S
    MINNEAPOLIS,MN55403     		NONE PC SUPPORT 800
    CHILDREN'S HOME SOCIETY
    1605 EUSTIS ST
    ST PAUL,MN55108     		NONE PC SUPPORT 350
    COURAGE CENTER
    3915 GOLDEN VALLEY RD
    MINNEAPOLIS,MN55422     		NONE PC SUPPORT 350
    DISABLED AMERICAN VETS
    PO BOX 14301
    CINCINNATI,OH45250     		NONE PC SUPPORT 500
    DOCTORS WITHOUT BORDERS
    333 7TH AVE SECOND FLOOR
    NEW YORK,NY10001     		NONE PC SUPPORT 1,400
    ENERGENCY FOODSHELF NETWORK
    8501 54TH AVE N
    NEW HOPE,MN55428     		NONE PC SUPPORT 1,600
    ENVIRONMENTAL DEFENSE FUND
    1875 CONNECTICUT AVE NW SUITE 600
    WASHINGTON,DC20009     		NONE PC SUPPORT 600
    EPILEPSY FOUNDATION
    8301 PROFESSIONAL PLACE
    LANDOVER,MD20785     		NONE PC SUPPORT 240
    FOOD ANIMAL CONCERNS TRUST
    3525 W PETERSON AVE SUITE 213
    CHICAGO,IL60659     		NONE PC SUPPORT 100
    FEED THE CHILDREN
    PO BOX 36
    OKLAHOMA CITY,OK73101     		NONE PC SUPPORT 300
    FRASER
    2400 WEST 64TH ST
    MINNEAPOLIS,MN55423     		NONE PC SUPPORT 140
    FREEDOM PLACE
    653 DALE ST N
    ST PAUL,MN55103     		NONE PC SUPPORT 180
    GLAUCOMA FOUNDATION
    80 MAIDEN LANE SUITE 700
    NEW YORK,NY10038     		NONE PC SUPPORT 80
    GORILLA FOUNDATION
    800 CHEROKEE AVE SE
    ATLANTA,GA30315     		NONE PC SUPPORT 50
    GREATER MPLS CRISIS NURSERY
    4544 4TH AVE S
    MINNEAPOLIS,MN55419     		NONE PC SUPPORT 800
    GREATER TWIN CITIES UNITED WAY
    404 8TH S
    MINNEAPOLIS,MN55404     		NONE PC SUPPORT 10,000
    INTERFAITH OUTREACH
    1605 COUNTY RD 101 N
    PLYMOUTH,MN55447     		NONE PC SUPPORT 1,500
    JANE GOODALL INSTITUTE
    1595 SPRING HILL RD SUITE 550
    VIENNA,VA22182     		NONE PC SUPPORT 150
    JEWISH COMMUNITY ACTION JCA
    2375 UNIVERSITY AVE W SUITE 150
    ST PAUL,MN55114     		NONE PC SUPPORT 800
    JEWISH COMMUNITY RELATIONS COUNCIL-
    12 N 12TH ST SUITE 480
    MINNEAPOLIS,MN55403     		NONE PC SUPPORT 300
    JEWISH FAMILY AND CHILDREN'S SERVIC
    13100 WAYZATA BLVD SUITE 400
    MINNETONKA,MN55305     		NONE PC SUPPORT 2,500
    JUVENILE DIABETES RESEARCH FUND
    26 BROADWAY
    NEW YORK,NY10004     		NONE PC SUPPORT 150
    KIDS AGAINST HUNGER
    13702 B ST
    OMAHA,NE68144     		NONE PC SUPPORT 800
    KS95 FOR KIDS
    7301 OHMS LANE SUITE 460
    MINNEAPOLIS,MN55439     		NONE PC SUPPORT 400
    LITTLE BROTHERS OF THE POOR AMERICA
    10 ROCKEFELLER PLAZA 16TH FLOOR
    NEW YORK,NY10020     		NONE PC SUPPORT 240
    LOAVES AND FISHES
    1121 JACKSON ST NE SUITE 143
    MINNEAPOLIS,MN55413     		NONE PC SUPPORT 600
    MAYO CLINIC
    201 ST SOUTHWEST
    ROCHESTER,MN55905     		NONE PC SUPPORT 300
    MEALS ON WHEELS
    1200 WASHINGTON AVE S SUITE 380
    MINNEAPOLIS,MN55415     		NONE PC SUPPORT 300
    MINNEAPOLIS JEWISH FOUNDATION
    13100 WAYZATA BLVD SUITE 200
    MINNETONKA,MN55305     		NONE PC SUPPORT 3,600
    MINNESOTA JAYCEES
    5775 WAYZATA BLVD SUITE 700
    ST LOUIS PARK,MN55416     		NONE PC SUPPORT 100
    NATIONAL AUDUBON SOCIETY
    1442 BRENNER AVE
    ST PAUL,MN55113     		NONE PC SUPPORT 200
    NATIONAL FEDERATION OF THE BLIND
    200 EAST WELLS ST JEMIGAN PLACE
    BALTIMORE,MD21230     		NONE PC SUPPORT 250
    NATIONAL COUNCIL OF JEWISH WOMEN-NC
    13100 WAYZATA BLVD SUITE 160
    MINNETONKA,MN55305     		NONE PC SUPPORT 400
    NAT CON JEWISH WOMEN - STUFF FOR SC
    13100 WAYZATA BLVD SUITE 160
    MINNETONKA,MN55305     		NONE PC SUPPORT 400
    HADASSAH
    40 WALL STREET
    NEW YORK,NY10005     		NONE PC SUPPORT 200
    MPR
    480 CEDAR STREET
    SAINT PAUL,MN55101     		NONE PC SUPPORT 100
    NEIGHBORHOOD INVOLVEMENT PROGRAM NI
    2431 HENNEPIN AVE S
    MINNEAPOLIS,MN55405     		NONE PC SUPPORT 2,000
    NORTHPOINT FOOD SHELF
    1315 PENN AVENUE NORTH
    MINNEAPOLIS,MN55411     		NONE PC SUPPORT 600
    PACER CENTER
    8161 NORMANDALE BLVD
    MINNEAPOLIS,MN55437     		NONE PC SUPPORT 600
    PLYMOUTH CHRISTIAN YOUTH CENTER-PCY
    2210 OLIVER AVE N
    MINNEAPOLIS,MN55411     		NONE PC SUPPORT 400
    PEOPLE SERVING PEOPLE
    614 3RD ST S
    MINNEAPOLIS,MN55415     		NONE PC SUPPORT 1,000
    PETA
    501 FRONT ST
    NORFOLK,VA23510     		NONE PC SUPPORT 250
    PLANNED PARENTHOOD
    671 VANDALIA ST SUITE 323
    ST PAUL,MN55114     		NONE PC SUPPORT 450
    PROJECT HOPE
    PO BOX 96340
    WASHINGTON,DC20090     		NONE PC SUPPORT 200
    RONALD MCDONALD HOUSE
    818 FULTON ST SE
    MINNEAPOLIS,MN55414     		NONE PC SUPPORT 400
    RUNNING STRONG FOR INDIAN YOUTH
    8301 RICHMOND HIGHWAY SUITE 200
    ALEXANDRIA,VA22309     		NONE PC SUPPORT 150
    SALVATION ARMY
    2445 PRIOR AVE N
    ROSEVILLE,MN55113     		NONE PC SUPPORT 2,200
    SAVE THE CHILDREN
    501 KINGS HWY E SUITE 400
    FAIRFIELD,CT06825     		NONE PC SUPPORT 1,000
    SECOND HARVEST HEARTLAND
    1140 GERVAIS AVE
    ST PAUL,MN55109     		NONE PC SUPPORT 1,600
    SHARING AND CARING HANDS
    525 N 7TH ST
    MINNEAPOLIS,MN55405     		NONE PC SUPPORT 800
    SHOLOM COMMUNITY ALLIANCE
    3620 PHILLIPS PARKWAY
    ST LOUIS PARK,MN55426     		NONE PC SUPPORT 300
    SHRINERS HOSPITAL
    2025 EAST RIER PKWY
    MINNEAPOLIS,MN55414     		NONE PC SUPPORT 100
    SIMPSON HOUSING SERVICES
    2100 PILLSBURY AVE S
    MINNEAPOLIS,MN55404     		NONE PC SUPPORT 500
    SOUTHERN POVERTY LAW CENTER
    400 WASHINGTON AVE
    MONTGOMERY,AL36104     		NONE PC SUPPORT 200
    ST JUDE CHILDREN'S RESEARCH
    501 SAINT JUDE PLACE
    MEMPHIS,TN38105     		NONE PC SUPPORT 500
    ST LOUIS PARK EMERGENCY PROGRAM-STE
    6812 WEST LAKE ST
    ST LOUIS PARK,MN55426     		NONE PC SUPPORT 1,000
    TEMPLE ISRAEL FOOD DRIVE
    2324 EMERSON AVE SO
    MINNEAPOLIS,MN55405     		NONE PC SUPPORT 1,000
    TEMPLE ISRAEL-RABBI SIM GLASER FUND
    2324 EMERSON AVE S
    MINNEAPOLIS,MN55405     		NONE PC SUPPORT 200
    TOYS FOR TOTS
    18251 QUANTICO GATEWAY DRIVE
    TRIANGLE,VA22172     		NONE PC SUPPORT 600
    TWIN CITIES HABITAT FOR HUMANITY
    1954 UNIVERSITY AVE W
    ST PAUL,MN55104     		NONE PC SUPPORT 400
    US HOLOCAUST MEMORIAL
    100 RAOUL WALLENBERG PLACE SW
    WASHINGTON,DC20024     		NONE PC SUPPORT 140
    UNICEF
    125 MAIDEN LANE 11TH FLOOR
    NEW YORK,NY10038     		NONE PC SUPPORT 3,000
    UNION GOSPEL MISSION FOOD SHELTER C
    77 NINTH STREET EAST
    ST PAUL,MN55101     		NONE PC SUPPORT 500
    UNIVERSITY OF MN FOUNDATION
    3 MORRILL HALL 100 CHURCH ST SE
    MINNEAPOLIS,MN55455     		NONE PC SUPPORT 220
    UNIVERSITY OF WI FOUNDATION
    1848 UNIVERSITY AVE
    MADISON,WI53726     		NONE PC SUPPORT 180
    WILL STEGER FOUNDATION
    2801 21ST AVE S SUITE 110
    MINNEAPOLIS,MN55407     		NONE PC SUPPORT 900
    WORLD VISION
    PO BOX 70102
    TACOMA,WA98481     		NONE PC SUPPORT 1,400
    WORLD WILDLIFE FUND
    1250 24TH ST NW
    WASHINGTON,DC20037     		NONE PC SUPPORT 650
    YMCA RIDGEDALE
    12301 RIDGEDALE DRIVE
    MINNETONKA,MN55305     		NONE PC SUPPORT 100
    YOUTHLINK
    41 N 12TH ST
    MINNEAPOLIS,MN55403     		NONE PC SUPPORT 400
    YOUTHPRISE
    615 FIRST AVE NE SUITE 125
    MINNEAPOLIS,MN55413     		NONE PC SUPPORT 200
    Total .................................bullet 3a 66,770
    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 ............     		        1
    4 Dividends and interest from securities....         7,593
    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.....         11,042
    8
    Gain or (loss) from sales of assets other than inventory .............     		        11,022
    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)..     29,658
    13Total. Add line 12, columns (b), (d), and (e)..................
    1329,658
    (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
    MICHAEL & DONNA KAPLAN FOUNDATION
     
    Employer identification number

    46-4374951
    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
    MICHAEL & DONNA KAPLAN FOUNDATION
          		Employer identification number

    46-4374951
    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
     
     

    MICHAEL KAPLAN  
    3400 SYCAMORE LANE NORTH
     
    PLYMOUTH, MN55441

    		$149,640


    (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
    MICHAEL & DONNA KAPLAN FOUNDATION
          		Employer identification number

    46-4374951
    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
    MICHAEL & DONNA KAPLAN FOUNDATION
          		Employer identification number

    46-4374951
    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:
    MICHAEL & DONNA KAPLAN FOUNDATION
    EIN: 46-4374951
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting Fees 900 900 900 0
    MN Filing Fees 25 25 25 0

    TY 2014 InvestmentsOtherSchedule2
    Name:
    MICHAEL & DONNA KAPLAN FOUNDATION
    EIN: 46-4374951
    Software ID:14000265
    Software Version:2014v5.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ASG GLOBAL ALTERNATIVES FUND CIA-NATIXIS AT COST 20,000 19,629
    BLACKROCK GLOBAL LONG/SHORT CREDIT FUND AT COST 20,000 19,150
    CBRE CLARION GLOBAL REAL ESTATE INCOME AT COST 9,713 10,788
    ENBRIDGE ENERGY PARTNERS LP AT COST 14,289 19,950
    FIRST TRUST EUROPE ALPHADEX FUND AT COST 24,072 20,559
    FRANKLIN DYNATECH FUND CLASS A AT COST 40,000 40,787
    ISHARES CORE S&P SMALL CAP ETF AT COST 15,210 15,969
    ISHARES RUSSELL 1000 VALUE ETF AT COST 25,490 26,100
    IVY HIGH INCOME FUND CLASS A AT COST 20,000 18,573
    KINDER MORGAN INC AT COST 137,231 139,792
    NEW WORLD FUND CLASS F-1 AMERICAN FUND AT COST 30,000 27,429
    PIONEER FLOATING RATE FUND CLASS A AT COST 10,000 9,755
    PIONEER FUNDAMENTAL GROWTH FUND CLASS A AT COST 42,773 47,642
    TEEKAY LNG PARTNERS LP AT COST 14,880 15,050
    TEMPLETON GLOBAL BOND FUND CLASS A AT COST 25,000 23,815
    TEMPLETON HARD CURRENCY FUND CLASS A AT COST 9,639 9,061
    VANGUARD FTSE DEVELOPED MARKETS INDEX AT COST 29,665 26,516
    WISDOM TREE EMERGING MARKETS EQUITY INC AT COST 29,737 25,296
    WISDOM TREE MIDCAP EARNINGS FUND AT COST 40,814 41,693
    ENERGY TRANSFER PARTNERS LP AT COST 16,086 19,500

    TY 2014 LegalFeesSchedule
    Name:
    MICHAEL & DONNA KAPLAN FOUNDATION
    EIN: 46-4374951
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal fees 7,572 7,572 7,572 0


    TY 2014 OtherIncomeSchedule2
    Name:
    MICHAEL & DONNA KAPLAN FOUNDATION
    EIN: 46-4374951
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income 11,042 11,042 6,104


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    MICHAEL & DONNA KAPLAN FOUNDATION
    EIN: 46-4374951
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Financial Service Fees 3,835 3,835 3,835 0


    TY 2014 TaxesSchedule
    Name:
    MICHAEL & DONNA KAPLAN FOUNDATION
    EIN: 46-4374951
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Taxes 283 283 283