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
TOBOLA EDUCATIONAL TRUST 000019917250
 

Number and street (or P.O. box number if mail is not delivered to street address)US BANK NA PO BOX 0634   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

39-6628480
B Telephone number (see instructions)

(715) 839-6448
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$1,640,904J 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)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 32,859 33,248  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 55,243
b Gross sales price for all assets on line 6a 339,751
7 Capital gain net income (from Part IV, line 2)... 55,243
8 Net short-term capital gain......... 0
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........ 88,102 88,491  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 20,383 18,345   2,038
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 1,500     1,500
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,294 362   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 24,177 18,707 0 3,538
25 Contributions, gifts, grants paid........ 87,025 87,025
26 Total expenses and disbursements. Add lines 24 and 25 111,202 18,707 0 90,563
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -23,100
b Net investment income (if negative, enter -0-) 69,784
c Adjusted net income (if negative, enter -0-)... 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.......... 33,366 11,941 11,941
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)........ 98,124 Click to see attachment61,068 120,066
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,089,085 Click to see attachment1,124,475 1,508,897
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,220,575 1,197,484 1,640,904
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 1,220,575 1,197,484
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)...... 1,220,575 1,197,484
31 Total liabilities and net assets/fund balances (see instructions).. 1,220,575 1,197,484
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 1,220,575
2 Enter amount from Part I, line 27a..................... 2 -23,100
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 9
4 Add lines 1, 2, and 3.......................... 4 1,197,484
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 1,197,484
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 900. IPATH DOW JONES UBS COMMODITY   2013-10-15 2014-01-24
b 300. DOW CHEM CO   2004-08-26 2014-01-24
c 500. ISHARES MSCI EMERGING MARKETS ETF   2013-07-26 2014-01-24
d 500. ISHARES MSCI EMERGING MARKETS ETF   2011-05-04 2014-01-24
e 500. ISHARES DOW JONES US REAL ESTATE ETF   2012-02-06 2014-01-24
200. NUCOR CORP   2010-01-29 2014-01-24
300. CLOROX CO   2004-08-26 2014-04-03
250. ISHARES DOW JONES SELECT DIV ETF   2011-12-23 2014-04-03
100. ISHARES CORE S P SMALL CAP ETF   2011-05-04 2014-04-03
250. ISHARES DOW JONES US REAL ESTATE ETF   2012-02-06 2014-06-09
150. ISHARES CORE S P SMALL CAP ETF   2011-05-04 2014-06-09
100. MIDCAP SPDR TRUST SERIES I E T F   2011-05-04 2014-06-09
500. ISHARES DOW JONES SELECT DIV ETF   2011-12-23 2014-06-20
150. ISHARES RUSSELL 1000 GROWTH ETF   2011-05-04 2014-06-20
400. ISHARES DOW JONES US REAL ESTATE ETF   2011-11-11 2014-06-20
60.425 NUVEEN SHORT TERM BOND FUND CL I   2014-02-28 2014-06-20
1430.629 NUVEEN SHORT TERM BOND FUND CL I     2014-06-20
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 33,181   33,851 -670
b 13,177   12,738 439
c 19,275   19,885 -610
d 19,275   24,070 -4,795
e 32,406   30,880 1,526
9,920   8,424 1,496
26,421   15,894 10,527
18,378   13,458 4,920
11,127   7,337 3,790
18,085   15,440 2,645
16,639   11,005 5,634
25,790   17,998 7,792
38,706   26,915 11,791
13,573   9,252 4,321
28,694   22,456 6,238
608   608  
14,392   14,297 95
      104
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       -670
b       439
c       -610
d       -4,795
e       1,526
      1,496
      10,527
      4,920
      3,790
      2,645
      5,634
      7,792
      11,791
      4,321
      6,238
       
      95
       
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 55,243
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 70,925 1,518,684 0.046702
2012 90,663 1,441,068 0.062914
2011 98,825 1,450,401 0.068136
2010 98,235 1,386,019 0.070876
2009 114,406 1,281,270 0.089291
2 Total of line 1, column (d) ...................... 2 0.337919
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 0.067584
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 1,606,934
5 Multiply line 4 by line 3....................... 5 108,603
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 698
7 Add lines 5 and 6......................... 7 109,301
8 Enter qualifying distributions from Part XII, line 4.............. 8 90,563
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 1,396
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 1,396
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 1,396
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 1,116
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,116
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 280
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet0 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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)
    bulletWI
    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 addressbullet  
    14
    The books are in care ofbulletUS BANK NA Telephone no.bullet (715) 839-6448
    Located atbullet131 S BARSTOW STREETEAU CLAIREWI ZIP+4bullet54701
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    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
    US BANK NA TRUSTEE
    40     		20,383    
    131 S BARSTOW STREET
    EAU CLAIRE,WI54701
    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.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,596,092
    b
    Average of monthly cash balances.......................
    1b
    35,313
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,631,405
    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
    1,631,405
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    24,471
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,606,934
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    80,347
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    80,347
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    1,396
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,396
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    78,951
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    78,951
    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
    78,951
    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
    90,563
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    90,563
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    90,563
    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 78,951
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:2012, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 0
    b From 2010....... 3,253
    c From 2011....... 26,375
    d From 2012....... 15,743
    e From 2013....... 0
    fTotal of lines 3a through e......... 45,371
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 90,563
    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..... 78,951
    e Remaining amount distributed out of corpus 11,612
    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 56,983
    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) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		56,983
    10 Analysis of line 9:
    a Excess from 2010.... 3,253
    b Excess from 2011.... 26,375
    c Excess from 2012.... 15,743
    d Excess from 2013.... 0
    e Excess from 2014.... 11,612
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    PRINCIPAL CADOTT HIGH SCHOOL
    426 MYRTLE STREET
    CADOTT,WI54727
    (715) 289-4211
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN FORM
    cAny submission deadlines:
    DATE LISTED ON APPLICATION
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    APPLICANTS MUST BE A GRADUATE OF CADOTT HIGH SCHOOL CADOTT WI
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    PRINCIPAL THORP HIGH SCHOOL
    605 SOUTH CLARK STREET
    THORP,WI54771
    (715) 669-5401
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN FORM
    cAny submission deadlines:
    DATE LISTED ON THE APPLICATION
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    APPLICANTS MUST BE A GRADUATE OF THORP HIGH SCHOOL THORP WI
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    PRINCIPAL STANLEY BOYD HIGH SCHOOL
    507 EAST 1ST AVENUE
    STANLEY,WI54768
    (715) 644-5534
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN FORM
    cAny submission deadlines:
    DATE LISTED ON THE APPLICATION
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    APPLICANTS MUST BE A GRAUDATE OF STANLEY BOYD HIGH SCHOOL STANLEY WI
    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
    ABIGAIL SCHMITT
    UW STOUT
    112 SOUTH FREDERICK ST
    BOYD,WI54726     		NONE N/A SCHOLARSHIP 500
    ADAM KROUSE
    UW-MADISON
    2519 50TH AVENUE
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    ALEXANDER TURENNE
    NWTC
    N15518 STATE HWY 73
    THORP,WI54771     		NONE N/A SCHOLARSHIP 1,613
    AMY PLECHACEK
    NEW RIVER COMM SCHOOL
    401 PATTEN ST
    BOYD,WI54726     		NONE N/A SCHOLARSHIP 500
    ANASTASIA LISIECKI
    UW-EAU CLAIRE
    342 S FRANKLIN ST
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 500
    AUSTIN POEHLS
    VITERBO UNIVERSITY
    116 NORTH POPLAR ST
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    BROOKE ERICKSON
    RIVERLAND COOM COLLEGE
    4743 270TH ST
    CADDOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    CHELSEA SPAETH
    UW-OSHKOSH
    33554 CO HWY MM
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 150
    COURTNEY MAHR
    UW-RIVER FALLS
    33514 CTY HWY O
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 150
    DANIEL HALTERMAN
    UW-PLATTEVILLE
    619 EMERY ST
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 500
    DANIEL WILLIAMS
    UNIVERSITY OF ST THOMAS
    2115 SUMMIT AVE 1931
    ST PAIL,MN55105     		NONE N/A SCHOLARSHIP 200
    HAILEY CHIRHART
    CVTC
    25725 50TH AVENUE
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    HALIE MILAS
    UW-LA CROSSE
    14908 COUNTY HWY G
    BOYD,WI54626     		NONE N/A SCHOLARSHIP 500
    JACOB ROTH
    UW-RIVER FALLS
    11381 290TH ST
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    JACOB SCHLICHTING
    CVTC
    E28863 COUNTY RD MM
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 700
    JESSIE CHAPEK
    CVTC
    26554 100TH AVE
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    JORDAN SPINDLER
    UW-EAU CLAIRE
    1312 N MAIN ST
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    KAYLA MILAS
    UW-EAU CLAIRE
    516 EAST 8TH AVE
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 500
    KAYLA OKERGLICKI
    UW-EAU CLAIRE
    911 EMERY ST
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 150
    KRISTIE HAAS
    UW-EAU CLAIRE
    W9905 BROEK RD
    THORP,WI54771     		NONE N/A SCHOLARSHIP 1,000
    LARISSA HAAS
    NORTHEAST TECHNICAL COLLEGE
    W10285 CLOVERDALE RD
    THORP,WI54771     		NONE N/A SCHOLARSHIP 1,613
    LISA HULS
    UW EAU CLAIRE
    112 BARBER ST
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 225
    LYLE SWARTZ
    UW-STEVENS POINT
    34329 30TH AVE
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 500
    LYNDSEY THORPE
    U OF M TWIN CITIES
    36911 153RD AVE
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 150
    MALINDA SPAETH
    UW-MARATHON CITY
    1126 COUNTY HIGHWAY X
    BOYD,WI54726     		NONE N/A SCHOLARSHIP 325
    MARISSA WESTABY
    UW-STOUT
    12058 360TH ST
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 500
    MATTHEW STEINMETZ
    ST NORBERT COLLEGE
    4154 330TH ST
    BOYD,WI54726     		NONE N/A SCHOLARSHIP 200
    MELINDA GINDT
    UW-MARSHFIELD
    30958 COUNTY RD HWY MM
    BOYD,WI54726     		NONE N/A SCHOLARSHIP 1,062
    MORIAH ZARLING
    UW-EAU CLAIRE
    310 W FRANKLIN ST
    THORP,WI54771     		NONE N/A SCHOLARSHIP 1,000
    NEIL HEBERT
    UW-OSHKOSH
    300 HORGEN RD
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 200
    SADIE WILLIAMS
    VITERBO UNIVERSITY
    121 BARBER ST
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 600
    SAMANTHA LAUTSBAUGH
    CVTC
    15368 STATE HWY 27
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    SAMANTHA SEMANKO
    VITERBO UNIVERSITY
    26812 110TH AVENUE
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    SARAH HARTZELL
    UW-EAU CLAIRE
    10034 COUNTY HWY K
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    SCOTT WEILAND
    UW-STOUT
    437 N MAPLE ST
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    SHELBY MAHR
    UW-WHITEWATER
    9124 330TH ST
    BOYD,WI54726     		NONE N/A SCHOLARSHIP 150
    SHELBY SONNENTAG
    UW-EAU CLAIRE
    6443 350TH ST
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 225
    SOPHIA BARR
    UW-MILWAUKEE
    31522 CTY HWY MM
    BOYD,WI54726     		NONE N/A SCHOLARSHIP 225
    TIFFANY BRUHN
    UNIV OF NEBRASKA-LINCOLN
    25127 COUNTY HWY MM
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    TYLER MAHAL
    UW-MADISON
    10031 CTY HWY G
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 150
    WILLA HAMMETT-HAYES
    UW-LACROSSE
    34425 40TH AVENUE
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 225
    ZACHARY CZUBAKOWSKI
    UW-RIVER FALLS
    W8571 COUNTY LINE RD
    THORP,WI54771     		NONE N/A SCHOLARSHIP 1,000
    HUNTER RUDNICK
    CVTC
    29417 100TH AVE
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    BETHANY SCHROEDER
    UW-PLATTEVILLE
    503 E OAK STREET
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    DYLAN ROTHBAUER
    UW - EAU CLAIRE
    20737 57TH AVE
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    ALEXANDREA PELOQUIN
    CVTC
    15188 CTY HWY EE
    CORNELL,WI54732     		NONE N/A SCHOLARSHIP 1,062
    CHANDRA MUNROE
    UW - LACROSSE
    7392 290TH STREET
    BOYD,WI54726     		NONE N/A SCHOLARSHIP 1,062
    CHAD HOLTE
    CVTC
    20340 80TH AVE
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    AQUILA GLOMSKI
    UW - STEVENS POINT
    22564 45TH AVE
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    ALEXANDRA SIVERLING
    UW - MADISON
    25362 CTY HWY MM
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    BRAYDEN BOWE
    UW - EAU CLAIRE
    12095 CTY HWY EE
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    AMANDA BREMNESS
    CVTC
    605 E OAK STREET
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    JEFFREY ENGLERT
    UW - EAU CLAIRE
    618 W YELLOW STREET
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    LAUREN MANIER
    UW - MADISON
    119 W YELLOW STREET
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    KAEDAN O'BRIEN
    UW - MADISON
    209 EAST OAK STREET
    CADOTT,WI54727     		NONE N/A SCHOLARSHIP 1,062
    MELANIE HEMPLEMAN
    CVTC
    W10141 EDDY ROAD
    THORP,WI54771     		NONE N/A SCHOLARSHIP 2,500
    JONATHON RUDNICK
    CVTC
    N14638 KOSER AVENUE
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 2,500
    RYAN STRZOK
    CVTC
    N14944 WILDERNESS AVENUE
    THORP,WI54771     		NONE N/A SCHOLARSHIP 2,500
    MORGAN BEILKE
    UW - STOUT
    425 EAST STANLEY STREET
    THORP,WI54771     		NONE N/A SCHOLARSHIP 2,000
    ALICIA BURZYNSKI
    UW - EAU CLAIRE
    N16157 KOSER AVENUE
    THORP,WI54771     		NONE N/A SCHOLARSHIP 2,000
    LINSIE HEMPLEMAN
    CVTC
    116 9TH STREET
    EAU CLAIRE,WI54703     		NONE N/A SCHOLARSHIP 2,000
    ERIC LEWANDOWSKI
    UW - LACROSSE
    N14085 TIEMAN AVENUE
    THORP,WI54771     		NONE N/A SCHOLARSHIP 2,000
    DAKOTA LINDGREN
    VITERBO UNIVERSITY
    600 N WASHINGTON STREET
    THORP,WI54771     		NONE N/A SCHOLARSHIP 2,000
    SEBASTIAN NEISIUS
    UW-STEVENS PORT
    601 N WASHINGTON STREET
    THORP,WI54771     		NONE N/A SCHOLARSHIP 2,000
    BROOKE NOAH
    U OF M-TWIN CITIES
    N13560 BRUCE MOUND AVENUE
    THORP,WI54771     		NONE N/A SCHOLARSHIP 2,000
    HALLE PSZENICZNY
    UW - LACROSSE
    60 NORTH THORP STREET
    THORP,WI54771     		NONE N/A SCHOLARSHIP 2,000
    SHYAN DUCE
    CVTC
    6774 CTY HWY H
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 2,100
    KASSANDRA LEE
    UW-MARSHFIELD WC
    N2081 SKYLINE DRIVE
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 1,600
    ALEXANDER MELVILLE
    UW-MARSHFIELD WC
    29476 CTY HWY O
    BOYD,WI54726     		NONE N/A SCHOLARSHIP 1,600
    MICHAEL ERICKSEN
    UW-LACROSSE
    519 KENNEDY AVENUE
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 1,300
    KATELYNN ESLINGER
    UW-EAU CLAIRE
    516 NAYES STREET
    BOYD,WI54726     		NONE N/A SCHOLARSHIP 1,300
    ALISE FITZSIMMONS
    UW-MILWAUKEE
    600 E 10TH AVENUE
    STANLEY,WI54786     		NONE N/A SCHOLARSHIP 1,300
    SHANTEL HARTZELL
    UW - MADISON
    19510 350TH STREET
    GILMAN,WI54433     		NONE N/A SCHOLARSHIP 1,300
    ALEXANDRA HOLUB
    UW - MADISON
    16140 322ND STREET
    BOYD,WI54726     		NONE N/A SCHOLARSHIP 1,300
    JEFFREY J MILAS
    UW-EAU CLAIRE
    34038 145TH AVENUE
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 1,300
    KYLE STUGGEN
    UW-RIVER FALLS
    3626 370TH STREET
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 1,300
    PAIGE ARNOLD
    UW-EAU CLAIRE
    5597 174TH STREET
    CHIPPEWA FALLS,WI54729     		NONE N/A SCHOLARSHIP 1,300
    BRADY MAHAL
    UW - MADISON
    10031 CTY HWY G
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 1,300
    BENJAMIN SIMMONS
    UW-EAU CLAIRE
    9800 CTY HWY D
    BOYD,WI54726     		NONE N/A SCHOLARSHIP 1,300
    KARLEE SMASAL
    UW - STOUT
    738 EMERY STREET
    STANLEY,WI54768     		NONE N/A SCHOLARSHIP 1,300
    AMBER HOLTMAN
    UNIVERSITY OF PHOENIX
    20737 CTY HWY X
    CHIPPEWA FALLS,WI54729     		NONE N/A SCHOLARSHIP 2,062
    Total .................................bullet 3a 87,025
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		         
    4 Dividends and interest from securities....     14 32,859  
    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 55,243  
    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)..   88,102  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1388,102
    (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

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    TOBOLA EDUCATIONAL TRUST 000019917250
    EIN: 39-6628480
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 7,433 13,506
    ALTRIA GROUP INC 4,517 14,781
    DU PONT E I DE NEMOURS & CO 12,840 22,182
    WELLS FARGO & CO 11,763 21,928
    XCEL ENERGY INC 8,792 17,960
    ATT INC 7,662 10,077
    ABBVIE INC 8,061 19,632

    TY 2014 InvestmentsOtherSchedule2
    Name:
    TOBOLA EDUCATIONAL TRUST 000019917250
    EIN: 39-6628480
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    POWERSHARES QQQ NASDAQ 100 AT COST 57,451 129,063
    ISHARES DJ SELECT DIVIDEND AT COST 124,522 178,650
    MIDCAP SPDR TR SER AT COST 67,491 131,985
    ISHARES MSCI EAFE FD AT COST 63,200 60,840
    IPATH DOW JONES UBS COMMODITY AT COST 19,629 14,955
    ISHARES DJ US REAL ESTATE AT COST 33,684 46,104
    ISHARES MSCI EMERGING MKTS AT COST 33,195 58,935
    ISHARES RUSSELL 1000 GROWTH FD AT COST 67,848 105,171
    ISHARES CORE S&P SMALL CAP ETF AT COST 97,552 142,575
    ISHARES RUSSELL 1000 INDEX FD AT COST 46,320 114,630
    NUVEEN SHORT TERM BD FD CL I AT COST 380,034 385,442
    ISHARES BARCLAYS 1 3 YEAR CRED AT COST 79,081 78,885
    SPDR S P 500 ETF AT COST 54,468 61,662

    TY 2014 OtherIncreasesSchedule
    Name:
    TOBOLA EDUCATIONAL TRUST 000019917250
    EIN: 39-6628480
    Description Amount
       


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    TOBOLA EDUCATIONAL TRUST 000019917250
    EIN: 39-6628480
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE 1,500     1,500


    TY 2014 TaxesSchedule
    Name:
    TOBOLA EDUCATIONAL TRUST 000019917250
    EIN: 39-6628480
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX WITHHELD 362 362   0
    PY EXCISE TAX DUE 816 0   0
    ESTIMATED EXCISE PAYMENTS 1,116 0   0