Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
THE HOLLAND FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)1501 SOUTH 80TH STREET   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OMAHA, NE68124
A Employer identification number

47-0804949
B Telephone number (see instructions)

(402) 397-5500
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$158,777,355J 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).............. 9,500,000
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 1,552 1,552  
4 Dividends and interest from securities...... 33,099 33,099  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,393,966
b Gross sales price for all assets on line 6a 2,039,016
7 Capital gain net income (from Part IV, line 2)... 1,393,966
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 10,928,617 1,428,617  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 18,000 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 11,444 0   0
b Accounting fees (attach schedule)....... Click to see attachment 7,345 0   0
c Other professional fees (attach schedule).... Click to see attachment 56,416 0   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 22,014 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 361 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 4,542 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 120,122 0   0
25 Contributions, gifts, grants paid........ 19,141,621 19,141,621
26 Total expenses and disbursements. Add lines 24 and 25 19,261,743 0   19,141,621
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -8,333,126
b Net investment income (if negative, enter -0-) 1,428,617
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 912,161 858,530 858,530
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)........ 134,664,311 Click to see attachment156,199,343 156,199,343
c Investments—corporate bonds (attach schedule)........ 1,690,290 Click to see attachment1,718,773 1,718,773
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet7,040
Less: accumulated depreciation (attach schedule) bullet6,331 1,070 Click to see attachment709 709
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 137,267,832 158,777,355 158,777,355
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment7,038 Click to see attachment3,726
23 Total liabilities (add lines 17 through 22).......... 7,038 3,726
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 137,260,794 158,773,629
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)...... 137,260,794 158,773,629
31 Total liabilities and net assets/fund balances (see instructions).. 137,267,832 158,777,355
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)............... 1 137,260,794
2 Enter amount from Part I, line 27a..................... 2 -8,333,126
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 29,845,961
4 Add lines 1, 2, and 3.......................... 4 158,773,629
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 158,773,629
Form 990-PF (2014)
Form 990-PF (2014)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 7 SHARES BERKSHIRE HATHAWAY P   2014-11-30
b CAPITAL GAINS DIVIDENDS P    
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 1,517,210   645,050 872,160
b 521,806     521,806
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       872,160
b       521,806
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 1,393,966
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2013 18,204,604 127,914,203 0.142319
2012 6,257,893 63,436,399 0.098648
2011 8,184,483 52,023,872 0.157322
2010 5,307,786 56,771,253 0.093494
2009 4,825,013 51,221,624 0.094199
2 Total of line 1, column (d) ...................... 2 0.585982
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 0.117196
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 141,997,176
5 Multiply line 4 by line 3....................... 5 16,641,501
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 14,286
7 Add lines 5 and 6......................... 7 16,655,787
8 Enter qualifying distributions from Part XII, line 4.............. 8 19,141,621
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 14,286
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 0
3 Add lines 1 and 2........................... 3 14,286
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 14,286
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 15,131
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 15,131
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 3
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 842
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet842 RefundedBullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNE
    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 ofbulletHANCOCK DANA PC Telephone no.bullet (402) 391-1065
    Located atbullet12829 WEST DODGE RDOMAHANE ZIP+4bullet68154
    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
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    RICHARD D HOLLAND PRESIDENT
    0.00     		0 0 0
    1501 SO 80TH ST
    OMAHA,NE68124
    THOMAS R PANSING SECRETARY
    1.00     		3,000 0 0
    10050 REGENCY CIRCLE 200
    OMAHA,NE68114
    WALLACE R WEITZ DIRECTOR
    1.00     		3,000 0 0
    1125 SO 103RD ST 600
    OMAHA,NE68124
    GERALD HOBERMAN DIRECTOR
    1.00     		3,000 0 0
    12927 HEAVENLY DRIVE
    OMAHA,NE68154
    KATHRYN A WEITZ-WHITE DIRECTOR
    1.00     		3,000 0 0
    1610 SOUTH 91 AVENUE
    OMAHA,NE68124
    BARBARA H KRAL DIRECTOR
    1.00     		3,000 0 0
    13170 E 5TH AVENUE
    DENVER,CO80206
    MARY A HOLLAND DIRECTOR
    1.00     		3,000 0 0
    673 N 58TH STREET
    OMAHA,NE68132
    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 0
    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.............bullet0
    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.........................bullet0
    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
    142,931,362
    b
    Average of monthly cash balances.......................
    1b
    1,228,208
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    144,159,570
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    144,159,570
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,162,394
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    141,997,176
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    7,099,859
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    7,099,859
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    14,286
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    14,286
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    7,085,573
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    7,085,573
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    7,085,573
    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
    19,141,621
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    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
    19,141,621
    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
    14,286
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    19,127,335
    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 7,085,573
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 2,267,736
    b From 2010....... 2,472,353
    c From 2011....... 5,709,901
    d From 2012....... 3,262,879
    e From 2013....... 11,841,942
    fTotal of lines 3a through e......... 25,554,811
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 19,141,621
    a Applied to 2013, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2014 distributable amount..... 7,085,573
    e Remaining amount distributed out of corpus 12,056,048
    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 37,610,859
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		2,267,736
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		35,343,123
    10 Analysis of line 9:
    a Excess from 2010.... 2,472,353
    b Excess from 2011.... 5,709,901
    c Excess from 2012.... 3,262,879
    d Excess from 2013.... 11,841,942
    e Excess from 2014.... 12,056,048
    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).)
    RICHARD D HOLLAND
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    RICHARD D HOLLAND
    1501 S 80TH ST
    OMAHA,NE68124
    (402) 397-5500
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN DESCRIPTION OF THE ORGANIZATION AND PROJECT ALONG WITH FINANCIAL INFORMATION ON THE ORGANIZATION AND THE PROJECT. ALSO INCLUDE A STATEMENT OF BENEFITS DERIVED FROM THE GRANT.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    100 BLACK MEN OF OMAHA INC
    2221 N 24TH STREET
    OMAHA,NE68110     		N/A PC OPERATING 25,000
    APDA NEBRASKA CHAPTER
    16811 BURDETTE ST STE 1
    OMAHA,NE68116     		N/A PC OPERATING 500
    ALS ASSOCIATION - TONNIGES FUND
    10730 PACIFIC ST STE 103
    OMAHA,NE68114     		N/A PC OPERATING 25,000
    ALZHEIMER'S ASSOCIATION
    1941 SOUTH 42ND ST STE 205
    OMAHA,NE68105     		N/A PC OPERATING 2,000
    AMERICAN PSYCHOLOGICAL SOCIETY
    1141B H STREET
    LINCOLN,NE68508     		N/A PC OPERATING 100,000
    AVENUE SCHOLARS FOUNDATION
    7101 MERCY ROAD STE 240
    OMAHA,NE68106     		N/A PC OPERATING 670,292
    BEMIS CENTER
    724 S 12TH STREET
    OMAHA,NE68102     		N/A PC OPERATING 100,000
    BIG BROTHERSBIG SISTERS
    10831 OLD MILL RD STE 400
    OMAHA,NE68154     		N/A PC OPERATING 5,000
    BLUE BARN THEATRE
    614 S 11TH STREET
    OMAHA,NE68102     		N/A PC OPERATING 10,000
    BONE CREEK MUSEUM
    575 E STREET
    DAVID CITY,NE68632     		N/A PC OPERATING 2,000
    BROWNVILLE CONCERT SERIES
    126 ATLANTIC ST
    BROWNVILLE,NE68321     		N/A PC OPERATING 1,000
    BULLETIN OF THE ATOMIC SCIENTISTS
    1155 EAST 60TH ST
    CHICAGO,IL60637     		N/A PC OPERATING 10,000
    CENTER FOR RURAL AFFAIRS
    PO BOX 136
    LYONS,NE68038     		N/A PC OPERATING 30,000
    CHILD SAVING INSTITUTE
    4545 DODGE STREET
    OMAHA,NE68130     		N/A PC OPERATING 2,000
    CENTRAL HIGH SCHOOL FOUNDATION
    1823 HARNEY ST SUITE 203
    OMAHA,NE68102     		N/A PC OPERATING 10,000
    CHABAD
    1866 SOUTH 120TH ST
    OMAHA,NE68144     		N/A PC OPERATING 1,000
    CHILD SAVING INSTITUTE
    4545 DODGE STREET
    OMAHA,NE68132     		N/A PC OPERATING 60,000
    COLLEGE OF SAINT MARY
    7000 MERCY ROAD
    OMAHA,NE68106     		N/A PC OPERATING 80,000
    COLLEGE POSSIBLE
    900 SOUTH 74TH PLAZA STE 403
    OMAHA,NE68114     		N/A PC OPERATING 100,000
    CREIGHTON PREP
    7400 WESTERN AVE
    OMAHA,NE68114     		N/A PC OPERATING 100,000
    CROSSROADS CENTER
    4101 DIVISION ST
    ST CLOUD,MN56301     		N/A PC OPERATING 500
    CYSTIC FIBROSIS FOUNDATION
    11917 PIERCE PLAZA
    OMAHA,NE68144     		N/A PC OPERATING 1,000
    DENVER HEALTH FOUNDATION
    655 BROADWAY SUITE 750
    DENVER,CO80203     		N/A PC OPERATING 50,000
    DONOR'S TRUST
    10050 REGENCY CIRCLE STE 101
    OMAHA,NE68114     		N/A PC OPERATING 6,056,035
    DOUGLAS COUNTY HEALTH CENTER
    4102 WOOLWORTH AVE
    OMAHA,NE68105     		N/A PC OPERATING 3,000
    DOUGLAS COUNTY HISTORICAL SOCIETY
    5730 N 30TH STREET
    OMAHA,NE68111     		N/A PC OPERATING 1,000
    DOUGLAS COUNTY NEBRASKA CASA
    2412 ST MARYS AVE
    OMAHA,NE68105     		N/A PC OPERATING 3,000
    DOWNTOWN OMAHA INC FOUNDATION
    PO BOX 8312
    OMAHA,NE68108     		N/A PC OPERATING 2,000
    DURHAM MUSEUM
    801 SOUTH 10ST ST
    OMAHA,NE68108     		N/A PC OPERATING 35,000
    EL MUSEO LATINO
    4701 SOUTH 25TH STREET
    OMAHA,NE68107     		N/A PC OPERATING 10,000
    EMPOWERMENT NETWORK
    105 NORTH 31ST AVE
    OMAHA,NE68131     		N/A PC OPERATING 10,000
    FILM STREAMS
    1340 MIKE FAHEY ST
    OMAHA,NE68102     		N/A PC OPERATING 30,000
    FIRST UNITARIAN CHURCH
    3114 HARNEY ST
    OMAHA,NE68131     		N/A PC OPERATING 89,000
    FONTENELLE FOREST
    111 N BELLEVUE BLVD
    BELLEVUE,NE68005     		N/A PC OPERATING 1,000
    FOOD BANK FOR THE HEARTLAND
    6824 J STREET
    OMAHA,NE68117     		N/A PC OPERATING 500
    FRIENDS OF ART (UNO)
    6001 DODGE ST WFAB 315
    OMAHA,NE68182     		N/A PC OPERATING 200
    GALLERY 1510
    1510 LEAVENWORTH ST
    OMAHA,NE68102     		N/A PC OPERATING 180,000
    GIRLS INC OF OMAHA
    2811 NORTH 45TH STREET
    OMAHA,NE68104     		N/A PC OPERATING 554,650
    GIRLS SCOUTS SPIRIT OF NEBRASKA
    2121 SOUTH 44TH STREET
    OMAHA,NE68105     		N/A PC OPERATING 2,500
    HABITAT FOR HUMANITY
    1701 N 24TH STREET
    OMAHA,NE68110     		N/A PC OPERATING 5,000
    HORATIO ALGER ASSOCIATION
    99 CANAL CENTER PLAZA STE 320
    ALEXANDRIA,VA22314     		N/A PC OPERATING 10,000
    HUMANITIES NEBRASKA
    215 CENTENNIAL MALL SOUTH
    LINCOLN,NE68508     		N/A PC OPERATING 2,500
    INCLUSIVE COMMUNITIES
    6901 DODGE ST
    OMAHA,NE68132     		N/A PC OPERATING 5,000
    INTERCULTURAL SENIOR CENTER
    2021 U STREET
    OMAHA,NE68107     		N/A PC OPERATING 2,000
    JESUIT ACADEMY
    2311 NORTH 22ND ST
    OMAHA,NE68110     		N/A PC OPERATING 10,000
    JOSLYN ART MUSEUM
    2200 DODGE STREET
    OMAHA,NE68102     		N/A PC OPERATING 155,250
    JOSLYN CASTLE TRUST
    3902 DAVENPORT STREET
    OMAHA,NE68131     		N/A PC OPERATING 2,000
    KEEP OMAHA BEAUTIFUL
    1819 FARNAM STREET
    OMAHA,NE68183     		N/A PC OPERATING 2,000
    KEVIN O'CONNOR SCHOLARSHIP FUND
    2111 S 165TH ST
    OMAHA,NE68130     		N/A PC OPERATING 500
    LAURITZEN GARDENS
    100 BANCROFT ST
    OMAHA,NE68108     		N/A PC OPERATING 15,000
    LEGAL AID OF NEBRASKA
    1904 FARNAM ST STE 500
    OMAHA,NE68102     		N/A PC OPERATING 1,000
    LENA POPE HOME INC
    3200 SANGUINET ST
    FORT WORTH,TX76107     		N/A PC OPERATING 50,000
    METHODIST HOSPITAL FOUNDATION
    8401 W DODGE ROAD STE 225
    OMAHA,NE68114     		N/A PC OPERATING 100,000
    METROPOLITAN COMMUNITY COLLEGE
    PO BOX 3777
    OMAHA,NE68103     		N/A PC OPERATING 25,000
    METROPOLITAN OPERA AUDITIONS
    LINCOLN CENTER
    NEW YORK,NY10023     		N/A PC OPERATING 500
    MIDLANDS MENTORING PARTNERSHIP
    1004 FARNAM ST
    OMAHA,NE68102     		N/A PC OPERATING 10,000
    MUSEUM OF NEBRASKA ART
    2401 CENTRAL AVE
    KEARNEY,NE68847     		N/A PC OPERATING 10,500
    NATURE CONSERVANCY
    1007 LEAVENWORTH ST
    OMAHA,NE68102     		N/A PC OPERATING 100,000
    NEAT
    208 S BURLINGTON AVE
    HASTINGS,NE68901     		N/A PC OPERATING 55,000
    NEBRASKA AIDS PROJECT
    250 SOUTH 77 ST
    OMAHA,NE68114     		N/A PC OPERATING 5,000
    NEBRASKA APPLESEED
    941 O ST STE 920
    LINCOLN,NE68508     		N/A PC OPERATING 50,000
    NEBRASKA CHILDREN & FAMILIES
    215 CENTENNIAL MALL SOUTH
    LINCOLN,NE68508     		N/A PC OPERATING 330,000
    NEBRASKA COALITION FOR LIFESAVING CURES
    900 SOUTH 74TH PLAZA STE 301
    OMAHA,NE68114     		N/A PC OPERATING 34,700
    NEBRASKA CULTURAL ENDOWMENT
    1004 FARNAM ST
    OMAHA,NE68102     		N/A PC OPERATING 70,000
    NEBRASKA KIDNEY ASSOCIATION
    11725 ARBOR ST
    OMAHA,NE68144     		N/A PC OPERATING 1,000
    NEBRASKA MEDICAL CENTER
    42ND EMILE
    OMAHA,NE68198     		N/A PC OPERATING 5,000
    NEBRASKA SHAKESPEARE FESTIVAL
    2500 CALIFORNIA PLZ
    OMAHA,NE68178     		N/A PC OPERATING 7,500
    NEBRASKANS FOR CIVIC REFORM
    1327 H STREET STE 102
    LINCOLN,NE68508     		N/A PC OPERATING 5,000
    NET FOUNDATION
    PO BOX 83111
    LINCOLN,NE68501     		N/A PC OPERATING 2,000
    NORTHSTAR FOUNDATION
    PO BOX 4817
    OMAHA,NE68104     		N/A PC OPERATING 1,100,850
    OMAHA AREA YOUTH ORCHESTRA
    PO BOX 34518
    OMAHA,NE68134     		N/A PC OPERATING 25,000
    OMAHA COMMUNITY FOUNDATION
    302 SOUTH 36TH ST STE 100
    OMAHA,NE68131     		N/A PC WATIE WHITE'S ALL THAT EVER WAS 2,500
    OMAHA COMMUNITY PLAYHOUSE
    6815 CASS ST
    OMAHA,NE68132     		N/A PC OPERATING 50,000
    OMAHA CONSERVATORY OF MUSIC
    3504 SOUTH 108TH ST
    OMAHA,NE68144     		N/A PC OPERATING 22,500
    OMAHA EQUESTRIAN FOUNDATION
    1004 FARNAM ST STE 400
    OMAHA,NE68102     		N/A PC OPERATING 5,000
    OMAHA PARKS FOUNDATION
    1819 FARNAM STREET
    OMAHA,NE68183     		N/A PC OPERATING 1,000
    OMAHA PERFORMING ARTS SOCIETY
    1200 DOUGLAS ST
    OMAHA,NE68102     		N/A PC OPERATING 1,233,843
    OMAHA PUBLIC LIBRARY
    9101 W DODGE ROAD
    OMAHA,NE68114     		N/A PC OPERATING 51,000
    OMAHA PUBLIC SCHOOLS KIOS
    3230 BURT ST
    OMAHA,NE68131     		N/A PC OPERATING 1,000
    OMAHA SUMMER ARTS FESTIVAL
    PO BOX 31036
    OMAHA,NE68131     		N/A PC OPERATING 2,000
    OMAHA SYMPHONIC WINDS
    3065 COLLEGE DRIVE
    BLAIR,NE68008     		N/A PC OPERATING 1,000
    OMAHA SYMPHONY
    1605 HOWARD ST
    OMAHA,NE68102     		N/A PC OPERATING 1,105,888
    OMAHA SYMPHONY
    1004 FARNAM ST
    OMAHA,NE68102     		N/A PC DEBUTANTE BALL 2,500
    OMAHA THEATRE COMPANY
    2001 FARNAM ST
    OMAHA,NE68102     		N/A PC OPERATING 50,000
    OMAHA ZOO FOUNDATION
    3701 S 10TH ST
    OMAHA,NE68107     		N/A PC OPERATING 5,000
    OPEN DOOR MISSION
    2828 N 23RD ST
    OMAHA,NE68110     		N/A PC OPERATING 5,500
    OPERA AMERICA
    330 SEVENTH AVE
    NEW YORK,NY10001     		N/A PC OPERATING 1,000
    OPERA OMAHA
    1850 FARNAM ST
    OMAHA,NE68102     		N/A PC OPERATING 755,151
    OPERA OMAHA
    1850 FARNAM ST
    OMAHA,NE68102     		N/A PC GUILD 1,000
    PARTNERSHIP FOR OUR KIDS
    1004 FARNAM ST STE 200
    OMAHA,NE68102     		N/A PC OPERATING 870,528
    PETER KIEWIT INSTITUTE
    1110 SOUTH 67 ST
    OMAHA,NE68182     		N/A PC OPERATING 30,000
    PHOENIX ACADEMY
    1110 N 66TH ST
    OMAHA,NE68132     		N/A PC OPERATING 10,000
    PLANNED PARENTHOOD FEDERATION
    3105 N 93RD STREET
    OMAHA,NE68134     		N/A PC OPERATING 10,000
    PLANNED PARENTHOOD OF THE HEARTLAND
    1171 7TH STREET
    DES MOINES,IA50314     		N/A PC OPERATING 750,000
    PROJECT HARMONY
    11949 Q STREET
    OMAHA,NE68137     		N/A PC OPERATING 502,000
    SALVATION ARMY
    3612 CUMING STREET
    OMAHA,NE68131     		N/A PC OPERATING 5,000
    SAVING GRACE
    4611 SOUTH 96TH ST STE 112
    OMAHA,NE68127     		N/A PC OPERATING 20,000
    SHERWOOD FOUNDATION
    3555 FARNAM ST
    OMAHA,NE68131     		N/A PC OPERATING 1,500
    SKUTT CATHOLIC
    3131 S 156 ST
    OMAHA,NE68130     		N/A PC OPERATING 10,000
    TRI-FAITH INITIATIVE
    PO BOX 31344
    OMAHA,NE68131     		N/A PC OPERATING 85,000
    TRINITY EPISCOPAL CATHEDRAL
    109 N 18TH ST
    OMAHA,NE68102     		N/A PC OPERATING 2,000
    UNION OF CONCERNED SCIENTISTS
    2 BRATTLE SQUARE
    CAMBRIDGE,MA20138     		N/A PC OPERATING 1,000
    UNION FOR CONTEMPORARY ART
    2417 BURDETTE ST
    OMAHA,NE68111     		N/A PC OPERATING 5,000
    UNITED WAY
    1805 HARNEY ST
    OMAHA,NE68102     		N/A PC OPERATING 180,000
    UNIVERSITY OF NE FOUNDATION
    1010 LINCOLN MALL STE 300
    LINCOLN,NE68508     		N/A PC OPERATING 2,673,734
    UNIVERSITY OF NEBRASKA OMAHA - KVNO
    6001 DODGE ST
    OMAHA,NE68182     		N/A PC OPERATING 1,000
    VISITING NURSES ASSOCIATIONS
    12565 WEST CENTER RD STE 100
    OMAHA,NE68144     		N/A PC OPERATING 3,000
    VOICES FOR CHILDREN
    7521 MAIN ST STE 103
    RALSTON,NE68127     		N/A PC OPERATING 25,000
    WHY ARTS INC
    1030 SOUTH 111 PLAZA
    OMAHA,NE68154     		N/A PC OPERATING 500
    WESTSIDE FOUNDATION
    1101 SOUTH 90TH ST
    OMAHA,NE68124     		N/A PC OPERATING 100,000
    Total .................................bullet 3a 19,141,621
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 1,552  
    4 Dividends and interest from securities....     14 33,099  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 1,393,966  
    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).. 0 1,428,617 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,428,617
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


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

    47-0804949
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




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

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 2
    Name of organization
    THE HOLLAND FOUNDATION
          		Employer identification number

    47-0804949
    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
     
     

    RICHARD D HOLLAND  
    1501 SO 80TH STREET
     
    OMAHA, NE68124

    		$9,500,000


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 3
    Name of organization
    THE HOLLAND FOUNDATION
          		Employer identification number

    47-0804949
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    THE HOLLAND FOUNDATION
          		Employer identification number

    47-0804949
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2014 AccountingFeesSchedule
    Name:
    THE HOLLAND FOUNDATION
    EIN: 47-0804949
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 7,345 0   0

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

    TY 2014 DepreciationSchedule
    Name:
    THE HOLLAND FOUNDATION
    EIN: 47-0804949
    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
    COMPUTER EQUIPMENT 2007-12-11 3,539 3,539 200DB 5.000000000000 0 0    
    OFFICE FURNITURE 2011-09-28 1,005 566 200DB 7.000000000000 125 0    
    DELL LAPTOP 2012-01-23 1,489 1,131 200DB 5.000000000000 143 0    
    OFFICE FURNITURE 2012-03-31 472 328 200DB 7.000000000000 41 0    
    LASER PRINTER 2012-05-31 321 244 200DB 5.000000000000 31 0    
    BLACK/WHITE PRINTER 2012-06-30 214 162 200DB 5.000000000000 21 0    

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    THE HOLLAND FOUNDATION
    EIN: 47-0804949
    Name of Bond End of Year Book Value End of Year Fair Market Value
    WEITZ FIXED INCOME FUND 1,718,773 1,718,773

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    THE HOLLAND FOUNDATION
    EIN: 47-0804949
    Name of Stock End of Year Book Value End of Year Fair Market Value
    WEITZ PARTNERS OPPORTUNITY FUND 17,661,343 17,661,343
    RBC - BERKSHIRE HATHAWAY STOCK 138,538,000 138,538,000

    TY 2014 LandEtcSchedule2
    Name:
    THE HOLLAND FOUNDATION
    EIN: 47-0804949
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTER EQUIPMENT 3,539 3,539 0  
    OFFICE FURNITURE 1,005 691 314  
    DELL LAPTOP 1,489 1,274 215  
    OFFICE FURNITURE 472 369 103  
    LASER PRINTER 321 275 46  
    BLACK/WHITE PRINTER 214 183 31  


    TY 2014 LegalFeesSchedule
    Name:
    THE HOLLAND FOUNDATION
    EIN: 47-0804949
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 11,444 0   0


    TY 2014 OtherExpensesSchedule
    Name:
    THE HOLLAND FOUNDATION
    EIN: 47-0804949
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 3,152 0   0
    INSURANCE 709 0   0
    TELEPHONE 681 0   0


    TY 2014 OtherIncreasesSchedule
    Name:
    THE HOLLAND FOUNDATION
    EIN: 47-0804949
    Description Amount
       


    TY 2014 OtherLiabilitiesSchedule
    Name:
    THE HOLLAND FOUNDATION
    EIN: 47-0804949
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL LIABILITIES 7,038 3,726


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    THE HOLLAND FOUNDATION
    EIN: 47-0804949
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATIVE 56,416 0   0


    TY 2014 TaxesSchedule
    Name:
    THE HOLLAND FOUNDATION
    EIN: 47-0804949
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAXES-CURRENT YR 15,131 0   0
    PAYROLL TAXES 4,316 0   0
    FEDERAL EXCISE TAXES-PRIOR YEAR 2,567 0   0