TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information 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
DAVID B TERK WILDLIFE CONSERVATION
FOUNDATION C/O KRISTIN TERK BELT
% KRISTIN TERK BELT

Number and street (or P.O. box number if mail is not delivered to street address)1389 ENCHANTED OAKS DRIVE Room/suite

City or town, state or province, country, and ZIP or foreign postal code
DRIFTWOOD, TX78619

A Employer identification number

26-0263006

B Telephone number (see instructions)

(512) 970-8139

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$920,011J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

	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)


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............	0
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	22,773		22,773
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		35,576
b	Gross sales price for all assets on line 6a 296,961
7	Capital gain net income (from Part IV, line 2)...			35,576
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).......		113	113
12	Total. Add lines 1 through 11........	58,462		58,462
13	Compensation of officers, directors, trustees, etc.	20,000
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		6,279	6,279	0	0
c	Other professional fees (attach schedule)....		9,901	9,901
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		493	144
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..........	36,673		16,324	0	0
25	Contributions, gifts, grants paid........	38,650				38,650
26	Total expenses and disbursements. Add lines 24 and 25	75,323		16,324	0	38,650
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-16,861
b	Net investment income (if negative, enter -0-)			42,138
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	54,625	50,721	50,721
	2	Savings and temporary cash investments..........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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)........	365,319	365,968	459,703
	c	Investments—corporate bonds (attach schedule)........	430,709	417,103	409,587
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	850,653	833,792	920,011
	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 )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................	850,653	833,792
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		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)......	850,653	833,792
	31	Total liabilities and net assets/fund balances (see instructions)..	850,653	833,792

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	850,653
2	Enter amount from Part I, line 27a.....................	2	-16,861
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	833,792
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	833,792

Form 990-PF (2014)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	FROST BANK SHORT-TERM COVERED GAIN	P	2014-01-01	2014-12-31
b	FROST BANK LONG-TERM COVERED GAIN	P	2013-01-01	2014-12-31
c	FROST BANK LONG-TERM NONCOVERED GAIN	P	2013-01-01	2014-12-31
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	24,279	23,139	1,140
b	106,589	91,663	14,926
c	160,552	146,583	13,969
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			1,140
b			14,926
c			13,969
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	35,576
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 . . . . . . . . . . . . . . . .		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? Yes No

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	59,063	920,718	0.064149
2012	24,493	888,035	0.027581
2011	19,175	863,612	0.022203
2010	51,823	579,319	0.089455
2009	0	0	0.0

2	Total of line 1, column (d) ......................	2	0.203388
3	Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years. . .	3	0.040678
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	937,196
5	Multiply line 4 by line 3.......................	5	38,123
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	421
7	Add lines 5 and 6.........................	7	38,544
8	Enter qualifying distributions from Part XII, line 4..............	8	38,650
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)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	421
	hereand 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	421
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	421
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	0
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	421
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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.............................

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

KRISTIN TERK BELT Telephone no. bullet

(512) 970-8139

Located at bullet

1389 ENCHANTED OAKS DRIVEDRIFTWOODTX ZIP+4 bullet

77619

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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)

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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)? ........

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?.............

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)):

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?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?........................YesNo

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.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)..................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.......................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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
KRISTIN TERK BELT	PRESIDENT/TREASURER 1.0	5,000	0	0
1389 ENCHANTED OAKS DRIVE DRIFTWOOD,TX78619	PRESIDENT/TREASURER 1.0	5,000	0	0
STEPHEN CARL BELT	VICE PRESIDENT/SECRETARY 0	5,000	0	0
1389 ENCHANTED OAKS DRIVE DRIFTWOOD,TX78619	VICE PRESIDENT/SECRETARY 0	5,000	0	0
JAMES ALFRED FLIELLER	DIRECTOR 0	5,000	0	0
221 WEST SIXTH STREET SUITE 1200 AUSTIN,TX78701	DIRECTOR 0	5,000	0	0
KELLY BELT	DIRECTOR 0	5,000	0	0
902 LAMBETH LANE AUSTIN,TX78748	DIRECTOR 0	5,000	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances










Total number of other employees paid over $50,000...................

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1


2


3


4

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	NONE
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.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

903,412

Average of monthly cash balances.......................

48,056

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

951,468

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

951,468

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

14,272

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

937,196

Minimum investment return. Enter 5% of line 5..................

46,860

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

46,860

Tax on investment income for 2014 from Part VI, line 5......

421

Income tax for 2014. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

421

Distributable amount before adjustments. Subtract line 2c from line 1............

46,439

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

46,439

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

46,439

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

38,650

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

38,650

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).................

421

Adjusted qualifying distributions. Subtract line 5 from line 4..............

38,229

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)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(c) 2013	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7				46,439
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......			26,109
b Total for prior years:2012, 2011, 2010
3 Excess distributions carryover, if any, to 2014:
a From 2009.......
b From 2010.......
c From 2011.......
d From 2012.......
e From 2013.......	0
fTotal of lines 3a through e.........		0
4Qualifying distributions for 2014 from Part
XII, line 4: $ 38,650
a Applied to 2013, but not more than line 2a				26,109
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions).........
d Applied to 2014 distributable amount.....				12,541
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2014.		0		0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
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 ..........				33,898
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 ......		0
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....	0

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ACS - CATTLE BARON'S BALL 2433 RIDGEPOINT DRIVE AUSTIN,TX78754	NONE	PC	GENERAL SUPPORT	3,000
UNIVERSITY OF TEXAS AT AUSTIN LONGHORN FOUNDATION PO BOX 13178 AUSTIN,TX78711	NONE	PC	SUPPORT FOR EDUCATION	2,000
KLRU-TV PO BOX 7158 AUSTIN,TX78713	NONE	PC	SUPPORT PUBLIC TELEVISION	6,000
AUSTIN ZOO 10808 RAWHIDE TRAIL AUSTIN,TX78736	NONE	PC	PROMOTING SUPPORT AND RESPECT FOR ANIMAL LIFE	2,000
THE UMLAUF SCULPTURE GARDEN & MUSEUM 605 ROBERT E LEE ROAD AUSTIN,TX78704	NONE	PC	GENERAL SUPPORT	500
ANN RICHARDS SCHOOL 2206 PRATHER LANE AUSTIN,TX78704	NONE	PC	SUPPORT FOR EDUCATION	300
HELPING HAND HOME FOR CHILDREN 3804 AVENUE B AUSTIN,TX78751	NONE	PC	TO PROVIDE A NURTURING AND THERAPEUTIC HOME FOR CHILDREN.	1,000
TEXAS WILDLIFE ASSOCIATION FOUNDATION 2800 NE LOOP 410 SUITE 105 SAN ANTONIO,TX78218	NONE	PC	CONSERVATION OF WILDLIFE AND WILDLIFE HABITAT.	1,000
THE UNIVERSITY OF TEXAS AT AUSTIN 1 UNIVERSITY STATION D1303 AUSTIN,TX78712	NONE	PC	SUPPORT EDUCATION	1,000
FREE TO BREATHE - ALBUQUERQUE 1 POINT PLACE SUITE 200 MADISON,WI53719	NONE	PC	GENERAL SUPPORT	250
STAR OF TEXAS FAIR AND RODEO 9100 DECKER LAKE RD AUSTIN,TX78724	NONE	PC	PROMOTING YOUTH EDUCATION AND PRESERVATION OF WESTERN HERITAGE	2,500
DUCKS UNLIMITED 1104 BRUSHY BEND DRIVE ROUND ROCK,TX78681	NONE	PC	GENERAL SUPPORT	600
AUDOBON SOCIETY 3710 CEDAR STREET AUSTIN,TX78705	NONE	PC	PROMOTE THE CONSERVATION AND RESTORATION OF ECOSYSTEMS	500
AUSTIN HUMANE SOCIETY 124 W ANDERSON LANE AUSTIN,TX78752	NONE	PC	SUPPORT FOR LOST AND DISPLACED ANIMALS	1,000
CAPITAL AREA FOOD BANK OF TEXAS 8201 S CONGRESS AVE AUSTIN,TX78745	NONE	PC	FEEDING THE HUNGRY	500
CHILDREN'S MEDICAL CENTER FOUNDATION 4900 MUELLER AUSTIN,TX78723	NONE	PC	PROVIDE SUPPORT AND ASSISTANCE TO FAMILIES WITH CHILDREN SUFFERING FROM CANCER	1,000
COMMUNITIES IN SCHOOLS OF CENTRAL TEXAS 3000 S INTERSTATE 35 200 AUSTIN,TX78704	NONE	PC	SUPPORT FOR EDUCATION	1,000
DOCTORS WITHOUT BORDERS PO BOX 5022 HAGERSTOWN,MD21741	NONE	PC	GENERAL SUPPORT	1,000
PEOPLE'S COMMUNITY CLINIC 2909 N INTERSTATE 35 AUSTIN,TX78722	NONE	PC	SUPPORT IN PROVIDING HEALTHCARE FOR PEOPLE IN NEED	1,000
DARRELL K ROYAL RESEARCH FUND THE DALLAS FOUNDAT 3963 MAPLE AVENUE STE 390 DALLAS,TX75219	NONE	PC	FOR ALZHEIMER'S DISEASE RESEARCH.	1,000
TEXAS BIGHORN SOCIETY 4920 CATON DR N RICHLAND HILLS,TX76180	NONE	PC	SUPPORT FOR RETURNING BIGHORN SHEEP TO THEIR NATIVE RANGES	1,000
UT BLANTON MUSEUM OF ART FOUNDATION 200 E MARTIN LUTHER KING JR BLVD AUSTIN,TX78701	NONE	PC	SUPPORT FOR ART EDUCATION AND APPRECIATION	500
BLUEBONNET EQUINE HUMANE SOCIETY PO BOX 632 COLLEGE STATION,TX778410632	NONE	PC	GENERAL SUPPORT	500
CONSERVATION FORCE 3240 SOUTH I-10 SERVICE ROAD WEST S METAIRIE,LA700016911	NONE	PC	GENERAL SUPPORT	2,000
AMERICAN RED CROSS 2218 PERSHING DRIVE AUSTIN,TX78723	NONE	PC	GENERAL SUPPORT	500
AUSTIN CHILDRENS SHELTER 4800 MANOR ROAD AUSTIN,TX78723	NONE	PC	GENERAL SUPPORT	1,000
CONTEMPORARY AUSTIN 700 CONGRESS AVENUE AUSTIN,TX78701	NONE	PC	GENERAL SUPPORT	5,000
THE CONSERVATION FUND 1655 NORTH FORT MYER DRIVE SUITE 13 ARLINGTON,VA22209	NONE	PC	GENERAL SUPPORT	500
UNIVERSITY OF TEXAS SYSTEM-CHANCELLOR'S COUNCIL 210 W 6TH STREET STE 1200 AUSTIN,TX787019907	NONE	PC	GENERAL SUPPORT	500
Total ................................. 3a				38,650

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ............
4 Dividends and interest from securities....			14	22,773
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property .............
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory .............			18	35,576
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aOTHER INVESTMENT INCOME			14	113
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				58,462

13Total. Add line 12, columns (b), (d), and (e)..................

1358,462

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2014 AccountingFeesSchedule

Name:

DAVID B TERK WILDLIFE CONSERVATION

FOUNDATION C/O KRISTIN TERK BELT

EIN: 26-0263006

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING	6,279	6,279

- TIN:

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

TY 2014 DepreciationSchedule

Name:

DAVID B TERK WILDLIFE CONSERVATION

FOUNDATION C/O KRISTIN TERK BELT

EIN: 26-0263006

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

- TIN:

TY 2014 InvestmentsCorpBondsSchedule

Name:

DAVID B TERK WILDLIFE CONSERVATION

FOUNDATION C/O KRISTIN TERK BELT

EIN: 26-0263006

Name of Bond	End of Year Book Value	End of Year Fair Market Value
CAPITAL ONE FINANCIAL CORP	28,365	28,204
ARTISAN HIGH INCOME FD ADV	18,386	17,830
FROST LOW DURATIN BOND FD	17,766	17,230
FROST TOTAL RETURN BOND FUND	83,887	83,799
HARTFORD FLOATING RATE FD CL I	27,485	26,526
HARTFORD WORLD BOND FD INSTL	38,000	37,664
IVY HIGH INCOME FUND CLASS I	0	0
MAINSTAY CONVERTIBLE FUND I	7,539	7,387
METROPOLITAN WEST T/R BOND-I	77,248	79,359
PIMCO TOTAL RETURN INSTL CLASS	0	0
TEMPELTON GLOBAL BOND FUND	38,680	35,850
DU PONT E I DE NEMOUR 4.75%	54,674	50,416
UNITED PARCEL SVC 3.875%	0	0
WAL-MART STORES INCORP 1.95%	25,073	25,322

- TIN:

TY 2014 InvestmentsCorpStockSchedule

Name:

DAVID B TERK WILDLIFE CONSERVATION

FOUNDATION C/O KRISTIN TERK BELT

EIN: 26-0263006

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABORATORIES	3,480	4,727
ABBVIE INC COM	2,916	5,235
ACTAVIS PLC	2,117	2,059
AMAZON	326	2,172
AMC NETWORKS INC CL A COM	0	0
AMERICAN INTL GROUP INC COM	3,564	5,041
ANADARKO PETROLEUM CORP	909	1,650
APPLE INC	4,071	6,733
BAIDU INC SPONS ADR	1,908	2,508
BAXTER INTERNATIONAL INC	4,711	5,130
BIOGEN IDEC INC COM	2,016	5,092
BLACKROCK INC COM	1,294	2,503
BOEING CO COM	7,138	9,099
BORGWARNER INC	889	2,198
BRISTOL-MYERS SQUIBB CO COM	1,686	2,361
BROADRIDGE FINANCIAL SOLUTIONS	1,779	3,464
CAMERON INTERNATIONAL CORP COM	0	0
CANADIAN PACIFIC RAILWAY LTD	1,256	1,927
CAPITAL ONE FINANCIAL CORP COM	4,537	5,779
CELGENE CORP	661	2,908
CHEVRON CORPORATION COM	0	0
CHIPOTLE MEXICAN GRILL INC	1,175	2,738
CINEMARK HOLDINGS INC COM	0	0
CISCO SYSTEMS INC	3,700	5,257
CITIGROUP INC COM	4,514	4,599
COACH INC COM	0	0
COBALT INTL ENERGY COM	0	0
COGNIZANT TECH SOLOTIONS CL A	1,851	3,686
CORNING INC	2,547	4,471
COSTCO WHOLESALE CORP NEW COM	2,262	4,253
COVIDIEN PLC	1,697	2,557
CUMMINS INC	1,437	2,883
CVS CAREMARK CORP	1,589	3,371
DEERE & CO	0	0
DISCOVERY COMMUNICATIONS CL C	1,253	1,012
DISCOVERY COMMUNICATIONS INC	1,274	1,034
DISNEY (WALT) COMPANY HOLDING	6,448	9,419
EMC CORP	1,902	2,974
EATON CORP PLC	5,283	5,437
EBAY INCORPORATED COM	2,110	2,806
ENSCO PLC CL A	0	0
EOG RESOURCES INC COM	1,771	2,946
ERICSSON (LM) TEL CO	1,932	1,936
FACEBOOK INC COM	2,288	3,901
FEDEX CORP COM	1,353	2,605
FIRST NIAGRA FINL GROUP INC	0	0
GENERAL ELECTRIC CO COM	4,855	4,928
GILEAD SCIENCES INC	1,118	3,676
GOOGLE INC CL A	2,093	3,184
GOOGLE INC CL C COM	2,099	3,158
HALLIBURTON CO COM	3,822	2,753
HOME DEPOT INC COM	2,639	3,674
HONEYWELL INTERNATIONAL INC	1,770	2,498
HSBC HOLDINGS PLC SPON ADR NEW	2,204	1,889
ILLUMINA INC	0	0
INVESCO LTD	1,128	2,371
ISHARES COHEN & STEERS REALTY	18,721	27,696
JPMORGAN CHASE & CO	1,839	2,503
KRAFT FOODS GROUP INC COM	1,753	2,068
LAM RESEARCH CORPORATION	1,788	2,777
LAS VEGAS SANDS CORP COM	3,163	3,141
LINKEDIN CORP CL A COM	1,988	2,297
LOWES COS INC	2,814	4,472
LULULEMON ATHLETICA INC COM	1,390	1,674
MASTERCARD INC CL A	612	2,585
METLIFE INC COM	2,673	3,516
MICHAEL KORS HLDGS INC	0	0
MONSANTO CO	2,533	3,584
MOODYS CORP COM	1,688	3,353
NASDAQ OMX GROUP INC COM	4,759	5,659
NIELSEN HOLDINGS NV	3,602	4,026
NIKE INC CLASS B	2,138	2,404
NOVARTIS AG	4,152	5,560
PANERA BREAD CO CL A COM	0	0
PHILIP MORRIS INT'L INC COM	0	0
PRAXAIR INC COM	1,197	1,943
PRICELINE.COM INCORPORATED COM	1,009	3,421
QUALCOMM INC COM	0	0
RIO TINTO PLC SPON ADR	2,755	2,533
SAP AG	0	0
SALESFORCE.COM INC COM	1,889	1,779
SCHLUMBERGER	2,324	2,135
SCHWAB CHARLES CORP NEW COM	1,983	2,264
STARBUCKS	608	2,462
STRYKER CORP COM	0	0
SUNCOR ENERGY INC	0	0
TIME WARNER INC COM NEW	2,063	2,563
TOTAL S.A.	4,271	4,096
TWENTY-FIRST CENTURY FOX INC	3,735	4,417
TYCO INTERNATIONAL LTD	0	0
UNION PACIFIC CORP	1,841	4,765
UNITED CONTINENTAL HLDGS INC C	3,590	5,351
VERIZON COMMUNICATIONS COM	2,710	2,573
VERTEX PHARMACEUTICALS INC COM	0	0
VISA INC CL A	1,142	3,933
WAST CONNECTIONS INC COM	1,781	2,200
WELLS FARGO & CO NEW	2,653	4,112
WHIRLPOOL CORP COM	4,528	5,812
ZOETIS INC COM	2,060	2,797
CAUSEWAY INTERNATIONAL VALUE	23,213	21,853
GATEWAY FUND CL Y	13,006	13,447
INVESCO DEV MARKETS FUND INSTL	23,441	22,225
JOHN HANCOCK FDS III-DISCPLNED	18,755	18,634
LAZARD INTL EQTY PORT-INSTL	23,203	22,972
LAZARD LTD CL A COM	0	0
T ROWE PRICE INTL DISCOVERY FD	9,192	13,119
T ROWE PRICE MID-CAP GROWTH FD	14,065	13,142
VAN ECK GLOBAL HARD ASSETS	14,449	12,373
VANGUARD SMALL CAP GROWTH	6,546	9,481
VIRTUS SMALL-CAP CORE FD INSTL	8,974	9,384

- TIN:

TY 2014 OtherIncomeSchedule2

Name:

DAVID B TERK WILDLIFE CONSERVATION

FOUNDATION C/O KRISTIN TERK BELT

EIN: 26-0263006

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
MISCELLANEOUS INCOME	113	113

- TIN:

TY 2014 OtherProfessionalFeesSchedule

Name:

DAVID B TERK WILDLIFE CONSERVATION

FOUNDATION C/O KRISTIN TERK BELT

EIN: 26-0263006

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT FEES	9,901	9,901

- TIN:

TY 2014 TaxesSchedule

Name:

DAVID B TERK WILDLIFE CONSERVATION

FOUNDATION C/O KRISTIN TERK BELT

EIN: 26-0263006

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX WITHHELD	144	144
FEDERAL INCOME TAX	349