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
CHRISTIAN HERITAGE FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)2 CADDO STREET   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CLEBURNE, TX76031
A Employer identification number

75-3089059
B Telephone number (see instructions)

(817) 641-2591
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$4,665,601J 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 20,883 20,883  
4 Dividends and interest from securities...... 101,203 101,203  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 157,253
b Gross sales price for all assets on line 6a 429,664
7 Capital gain net income (from Part IV, line 2)... 157,253
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........ 279,339 279,339  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 114,438 57,219   57,219
14 Other employee salaries and wages...... 125,434 62,717   62,717
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,690 845   845
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,415 2,208   2,207
19 Depreciation (attach schedule) and depletion... Click to see attachment 3,955 1,978  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 359,047 86,175   272,227
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 608,979 211,142   395,215
25 Contributions, gifts, grants paid........ 245,377 245,377
26 Total expenses and disbursements. Add lines 24 and 25 854,356 211,142   640,592
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -575,017
b Net investment income (if negative, enter -0-) 68,197
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.......... 789,980 210,623 210,623
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........      
c Investments—corporate bonds (attach schedule)........ 267,058 Click to see attachment267,058 353,781
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 3,440,566 Click to see attachment3,448,861 4,095,582
14 Land, buildings, and equipment: basis bullet70,082
Less: accumulated depreciation (attach schedule) bullet64,467 9,570 Click to see attachment5,615 5,615
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,507,174 3,932,157 4,665,601
Liabilities 17 Accounts payable and accrued expenses.......... 50 50
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).......... 50 50
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......... 2,020,000 2,020,000
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 2,487,124 1,912,107
30 Total net assets or fund balances (see instructions)...... 4,507,124 3,932,107
31 Total liabilities and net assets/fund balances (see instructions).. 4,507,174 3,932,157
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 4,507,124
2 Enter amount from Part I, line 27a..................... 2 -575,017
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 3,932,107
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 3,932,107
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 JPMORGAN CORE PLUS BOND FUND A - 17,894.853 UNITS P   2014-12-05
b JPMORGAN CORE PLUS BOND FUND A - 3,134.202 UNITS P   2014-12-05
c AMERN US GOVT SECS FUND CL A - 5,574.630 UNITS P   2014-12-12
d AMERN US GOVT SECS FUND CL A - 109.798 P   2014-12-12
e CAPITAL WORLD BOND FUND CL A - 582.352 UNITS P   2014-12-12
CAPITAL WORLD BOND FUND CL A - 11.761 UNITS P   2014-12-12
CAPITAL GAINS 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 149,601   153,042 -3,441
b 26,202   26,811 -609
c 78,546   78,598 -52
d 1,547   1,548 -1
e 11,828   12,166 -338
239   246 -7
161,701     161,701
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       -3,441
b       -609
c       -52
d       -1
e       -338
      -7
      161,701
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 2 157,253
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 560,202 5,212,598 0.107471
2012 569,239 5,535,486 0.102835
2011 665,942 6,140,348 0.108453
2010 349,751 6,390,239 0.054732
2009 483,538 6,353,475 0.076106
2 Total of line 1, column (d) ...................... 2 0.449597
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 0.089919
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 4,934,671
5 Multiply line 4 by line 3....................... 5 443,721
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 682
7 Add lines 5 and 6......................... 7 444,403
8 Enter qualifying distributions from Part XII, line 4.............. 8 640,592
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 1 682
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........................... 3 682
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- ..... 5 682
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 1,147
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 1,147
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 465
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet465 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)
    bulletTX
    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 ofbulletCHARLES GARRETT Telephone no.bullet (817) 641-2591
    Located atbullet2 CADDO STCLEBURNETX ZIP+4bullet760315540
    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
     
     
    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
    CHARLES GARRETT EXECUTIVE DIRECTOR
    40.00     		40,034 31,597 42,809
    2 CADDO ST
    CLEBURNE,TX76013
    DEXTER BALDWIN TRUSTEE
    0.00     		0 0 0
    2 CADDO ST
    CLEBURNE,TX76013
    MARY CATHERINE HICKS CHAIRPERSON
    0.00     		0 0 0
    2 CADDO ST
    CLEBURNE,TX76013
    MARY ANN MIZE TRUSTEE/VICE CHAIRPERSON
    0.00     		0 0 0
    2 CADDO ST
    CLEBURNE,TX76013
    HAROLD GILLIAM TRUSTEE
    0.00     		0 0 0
    2 CADDO ST
    CLEBURNE,TX76013
    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
    4,605,169
    b
    Average of monthly cash balances.......................
    1b
    404,649
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,009,818
    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
    5,009,818
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    75,147
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,934,671
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    246,734
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    246,734
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    682
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    682
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    246,052
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    246,052
    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
    246,052
    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
    640,592
    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
    640,592
    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
    682
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    639,910
    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 7 246,052
    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....... 166,640
    b From 2010....... 30,996
    c From 2011....... 359,433
    d From 2012....... 292,465
    e From 2013....... 299,572
    fTotal of lines 3a through e......... 1,149,106
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 640,592
    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..... 246,052
    e Remaining amount distributed out of corpus 394,540
    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 1,543,646
    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) ...     		166,640
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		1,377,006
    10 Analysis of line 9:
    a Excess from 2010.... 30,996
    b Excess from 2011.... 359,433
    c Excess from 2012.... 292,465
    d Excess from 2013.... 299,572
    e Excess from 2014.... 394,540
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BETHEL TEMPLE ASSEMBLY OF GOD
    6349 BONO RD
    GODLEY,TX76044     		NONE PC GENERAL SUPPORT 1,639
    BETHESDA CHURCH OF CHRIST
    100 WEST BETHESDA ROAD
    BURLESON,TX76028     		NONE PP GENERAL SUPPORT 1,814
    BONO BAPTIST CHURCH
    6349 BONO RD
    GODLEY,TX76044     		NONE PC GENERAL SUPPORT 3,999
    CALVARY BAPTIST CHURCH
    420 N ANGLIN ST
    CLEBURNE,TX76031     		NONE PC GENERAL SUPPORT 1,670
    CANA BAPTIST CHURCH
    2309 E RENFRO ST
    BURLESON,TX76028     		NONE PC GENERAL SUPPORT 3,009
    CENTRO CRISTIANO BETHEL ASSEMBLY OF GOD
    PO BOX 1522
    CLEBURNE,TX76033     		NONE PC GENERAL SUPPORT 500
    CHAMBERS CREEK BAPTIST CHURCH
    1100 E FM 916 RD
    GRANDVIEW,TX76050     		NONE PC GENERAL SUPPORT 3,542
    CLEBURNE BIBLE CHURCH
    PO BOX 1564
    CLEBURNE,TX76033     		NONE PC GENERAL SUPPORT 59,667
    CLEBURNE CHRISTIAN FELLOWSHIP
    1215 GRANDVIEW HWY
    CLEBURNE,TX76031     		NONE PC GENERAL SUPPORT 300
    CLEBURNE FAMILY FELLOWSHIP
    1006 EUCLID ST
    CLEBURNE,TX76031     		NONE PC GENERAL SUPPORT 3,923
    COVENANT CHURCH
    518 BROADWAY
    JOSHUA,TX76058     		NONE PC GENERAL SUPPORT 4,423
    CRESTMONT BAPTIST CHURCH
    2560 FM 731
    BURLESON,TX76028     		NONE PC GENERAL SUPPORT 1,875
    CROSS TIMBER BAPTIST CHURCH
    110 N CADDO
    CLEBURNE,TX76031     		NONE PC GENERAL SUPPORT 300
    CROSSROADS CHURCH
    1315 GRANDVIEW HWY
    CLEBURNE,TX76031     		NONE PC GENERAL SUPPORT 2,668
    DEEPER LIFE CHRISTIAN FELLOWSHIP
    PO 1564
    CLEBURNE,TX76033     		NONE PC GENERAL SUPPORT 1,149
    EASTERN HEIGHTS CHURCH
    1315 GRANDVIEW HWY
    CLEBURNE,TX76033     		NONE PC GENERAL SUPPORT 15,662
    EPISCOPAL CHURCH OF THE HOLY COMFORTER
    201 N FIELD
    CLEBURNE,TX76031     		NONE PC GENERAL SUPPORT 1,017
    FIELD STREET BAPTIST CHURCH
    PO BOX 313
    ALVARADO,TX76009     		NONE PC GENERAL SUPPORT 21,090
    FIRST BAPTIST CHURCH-BURLESON
    105 E WILLINGHAM
    CLEBURNE,TX76031     		NONE PC GENERAL SUPPORT 1,875
    FIRST BAPTIST CHURCH-CLEBURNE
    PO BOX 158
    GODLEY,TX76044     		NONE PC GENERAL SUPPORT 5,732
    FIRST BAPTIST CHURCH-GODLEY
    PO BOX 454
    GRANDVIEW,TX76050     		NONE PC GENERAL SUPPORT 2,708
    FIRST BAPTIST CHURCH-GRANDVIEW
    PO BOX 62
    LILIAN,TX76061     		NONE PC GENERAL SUPPORT 6,111
    FIRST BAPTIST CHURCH-LILLIAN
    PO BOX 40
    RIO VISTA,TX76093     		NONE PC GENERAL SUPPORT 1,785
    FIRST BAPTIST CHURCH-RIO VISTA
    1005 CHASE AVE
    CLEBURNE,TX76031     		NONE PC GENERAL SUPPORT 1,250
    FIRST MOUNT ZION CHURCH
    PO BOX 114
    CLEBURNE,TX76033     		NONE PC GENERAL SUPPORT 1,708
    FIRST UNITED METHODIST CHURCH-CLEBURNE
    PO BOX 376
    JOSHUA,TX76058     		NONE PC GENERAL SUPPORT 8,276
    FIRST UNITED METHODIST CHURCH-JOSHUA
    DRAWER 137
    CLEBURNE,TX76033     		NONE PC GENERAL SUPPORT 375
    FIRST UNITED PENTECOSTAL FAMILY CHURCH
    1991 FM 158
    COLLEGE STATION,TX77845     		NONE PC GENERAL SUPPORT 150
    FRIENDSHIP BAPTIST CHURCH
    PO BOX 158
    GODLEY,TX76044     		NONE PC GENERAL SUPPORT 7,490
    GODLEY WESTERN FELLOWSHIP
    200 SOUTH MAIN STREET
    GODLEY,TX76044     		NONE PC GENERAL SUPPORT 727
    GRACEVIEW BAPTIST CHURCH
    PO BOX 150780 1501 JIM WRIGHT
    FREEWAY
    FORT WORTH,TX76108     		NONE PC GENERAL SUPPORT 750
    HOPE CHURCH
    PO BOX 1566
    CLEBURNE,TX76033     		NONE PC GENERAL SUPPORT 283
    IGLESIA BAUTISTA NUEVO AMANECER
    1723 RAYLENE DR
    CLEBURNE,TX76033     		NONE PC GENERAL SUPPORT 2,934
    JOSHUA BAPTIST CHURCH
    3231 SW WILSHIRE BLVD
    JOSHUA,TX76058     		NONE PC GENERAL SUPPORT 1,875
    NORTHPOINTE - FIRST BAPTIST CHURCH OF JOSHUA
    2450 SW WILSHIRE BLVD
    BURLESON,TX76028     		NONE PC GENERAL SUPPORT 2,955
    OPEN DOOR MINISTRIES
    10401 FM 1902
    CROWLEY,TX76036     		NONE PC GENERAL SUPPORT 14,093
    OTHER BENEVOLENT ACTIVITIES
    2 CADDO STREET
    CLEBURNE,TX76031     		NONE PC GENERAL SUPPORT 13,961
    PRIMERA IGLESIA BAUTISTA EMANUEL CLEBURNE
    1110 COUNTRY CLUB ROAD
    CLEBURNE,TX76033     		NONE PC GENERAL SUPPORT 1,875
    REESE PRAIRIE BAPTIST CHURCH
    9705 CR 1016
    BURLESON,TX76028     		NONE PC GENERAL SUPPORT 1,875
    UNITED PRESBYTERIAN CHURCH
    1510 WEST WESTHILL DRIVE
    CLEBURNE,TX76033     		NONE PC GENERAL SUPPORT 313
    VICTORY FAMILY CHURCH
    129 NW ELLISON ST
    BURLESON,TX76028     		NONE PC GENERAL SUPPORT 4,640
    WESTHILL CHURCH OF CHRIST
    1100 WESTHILL DR
    CLEBURNE,TX76031     		NONE PC GENERAL SUPPORT 1,030
    IMPACT COUNTRY CHURCH
    601 SW ALSBURY BLVD
    BURLESON,TX76028     		NONE PC GENERAL SUPPORT 1,234
    FULL GOSPEL TABERNACLE OF GOD
    1010 SOUTH PKWY
    ALVARADO,TX76009     		NONE PC GENERAL SUPPORT 3,500
    PRIMERA BAUISTA HISPANA ALVARADO
    8700 COUNTY ROAD
    ALVARADO,TX76009     		NONE PC GENERAL SUPPORT 221
    ST JOHN VIANNEY CATHOLIC CHURCH
    501 NORTH NOLAN RIVER
    CLEBURNE,TX76033     		NONE PC GENERAL SUPPORT 1,332
    FIRST CHRISTIAN CHURCH CLEBURNE
    200 S NOLAN RIVER RD
    CLEBURNE,TX76033     		NONE PC GENERAL SUPPORT 1,405
    THE MEETING PLACE CHURCH
    208 SOUTH MAIN ST
    CLEBURNE,TX76033     		NONE PC GENERAL SUPPORT 14,500
    BROKEN PIECES MINISTRY
    901 E JAMES ST
    CLEBURNE,TX76031     		NONE PC GENERAL SUPPORT 2,212
    NORTH CLEBURNE BAPTIST CHURCH
    1008 N ANGLIN ST
    CLEBURNE,TX76031     		NONE PC GENERAL SUPPORT 3,493
    HAPPY HILL CHURCH
    7900 E FM 917
    ALVARADO,TX76009     		NONE PC GENERAL SUPPORT 2,962
    SAINT MARK UNITED METHODIST
    1109 W HENDERSON ST
    CLEBURNE,TX76033     		NONE PC GENERAL SUPPORT 1,500
    Total .................................bullet 3a 245,377
    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 20,883  
    4 Dividends and interest from securities....     14 101,203  
    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 .............     		    18 157,253  
    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).. 0 279,339 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13279,339
    (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 AccountingFeesSchedule
    Name:
    CHRISTIAN HERITAGE FOUNDATION INC
    EIN: 75-3089059
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING EXPENSE 1,690 845   845

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

    TY 2014 DepreciationSchedule
    Name:
    CHRISTIAN HERITAGE FOUNDATION INC
    EIN: 75-3089059
    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
    FURNITURE AND FIXTURES 1983-02-01 17,587 17,587 PRE 5.000000000000 0 0    
    TRASH AND LEAF BLOWER 1984-02-29 60 60 PRE 5.000000000000 0 0    
    CHAIR-BORNE SPEAKERS AND STAND 1984-03-31 523 523 PRE 5.000000000000 0 0    
    OIL PAINTING 1984-04-30 750     0 % 0 0    
    PODIUM LIGHT 1984-04-30 28 28 PRE 5.000000000000 0 0    
    2 OILS AND FRAMES 1984-05-31 1,423     0 % 0 0    
    TABLE 1986-06-30 110 110 PRE 5.000000000000 0 0    
    ALARM SYSTEM SWITCH 1987-11-30 149 149 200DB 7.000000000000 0 0    
    OUTSIDE REAR LIGHT 1987-01-30 150 145 200DB 7.000000000000 0 0    
    SWEEPER 1989-03-31 380 380 200DB 7.000000000000 0 0    
    SECURITY EQUIPMENT 1989-04-30 197 197 200DB 7.000000000000 0 0    
    SWEEPER 1993-11-30 150 150 200DB 7.000000000000 0 0    
    ALARM SYSTEM 1986-12-18 475 475 PRE 5.000000000000 0 0    
    TABLE 1994-05-31 94 94 200DB 7.000000000000 0 0    
    SECURITY SYSTEM 2001-08-31 3,512 3,512 200DB 7.000000000000 0 0    
    SOUND SYSTEM 2006-03-29 552 552 200DB 7.000000000000 0 0    
    BOSE 802 III 2006-03-29 1,290 1,290 200DB 7.000000000000 0 0    
    MIXER BOARDS 2006-03-29 385 385 200DB 7.000000000000 0 0    
    BOSE 802 2006-04-15 698 698 200DB 7.000000000000 0 0    
    SOUND EQUIPMENT 2006-04-24 535 535 200DB 7.000000000000 0 0    
    WIRELESS MICS 2006-07-15 350 350 200DB 7.000000000000 0 0    
    SPEAKERS W/EQUALIZER 2006-04-07 650 650 200DB 7.000000000000 0 0    
    KONICA MINOLTA COPIER 2008-09-29 14,250 12,342 200DB 7.000000000000 1,273 0    
    BOOKSHELVES 2010-08-11 135 93 200DB 7.000000000000 12 0    
    BRITTINY'S COMPUTER 2010-03-09 1,000 827 200DB 5.000000000000 115 0    
    ASUS LAPTOP (3) 2010-05-26 2,523 2,087 200DB 5.000000000000 291 0    
    EPSON 9900 PRINTER 2010-03-22 6,614 5,471 200DB 5.000000000000 762 0    
    2 LIBRARY CARTS 2011-01-06 420   200DB 7.000000000000 0 0    
    MULTI FUNCTION LEATHERPLUS 2011-06-03 126   200DB 7.000000000000 0 0    
    TABLE AND CHAIRS 2011-06-09 60   200DB 7.000000000000 0 0    
    3-NEW COMPUTERS 2012-02-02 3,766 980 200DB 5.000000000000 362 0    
    CANON PROFESSIONAL CAMCORDER 2012-07-02 2,295 596 200DB 5.000000000000 220 0    
    COMPUTER FOR JEO 2012-08-30 2,200 572 200DB 5.000000000000 211 0    
    DESKTOP COMPUTER AND MONITOR 2012-09-05 1,350 351 200DB 5.000000000000 130 0    
    SOUND SYSTEM 2012-11-12 750 195 200DB 5.000000000000 72 0    
    PAPERCUTTER FORM MERRIT LAUDERBACK 2012-08-07 2,300 598 200DB 5.000000000000 221 0    
    SOFTWARE 2012-09-11 850 331 200DB 3.000000000000 63 0    
    DELL XPS ULTRABOOK COMPUTER 2013-02-15 1,395 139 200DB 5.000000000000 223 0    

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    CHRISTIAN HERITAGE FOUNDATION INC
    EIN: 75-3089059
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CONOCO 20,400 27,869
    GEORGIA PACIFIC 39,018 41,159
    NATIONAL RURAL UTILITIES 75,938 110,230
    DEERE & CO 38,500 52,320
    WALT DISNEY 40,100 57,883
    CVS CAREMARK 26,109 31,540
    TARGET 26,993 32,780

    TY 2014 InvestmentsOtherSchedule2
    Name:
    CHRISTIAN HERITAGE FOUNDATION INC
    EIN: 75-3089059
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS FMV 3,448,861 4,095,582

    TY 2014 LandEtcSchedule2
    Name:
    CHRISTIAN HERITAGE FOUNDATION INC
    EIN: 75-3089059
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FURNITURE AND FIXTURES 17,587 17,587 0  
    TRASH AND LEAF BLOWER 60 60 0  
    CHAIR-BORNE SPEAKERS AND STAND 523 523 0  
    OIL PAINTING 750 0 750  
    PODIUM LIGHT 28 28 0  
    2 OILS AND FRAMES 1,423 0 1,423  
    TABLE 110 110 0  
    ALARM SYSTEM SWITCH 149 149 0  
    OUTSIDE REAR LIGHT 150 145 5  
    SWEEPER 380 380 0  
    SECURITY EQUIPMENT 197 197 0  
    SWEEPER 150 150 0  
    ALARM SYSTEM 475 475 0  
    TABLE 94 94 0  
    SECURITY SYSTEM 3,512 3,512 0  
    SOUND SYSTEM 552 552 0  
    BOSE 802 III 1,290 1,290 0  
    MIXER BOARDS 385 385 0  
    BOSE 802 698 698 0  
    SOUND EQUIPMENT 535 535 0  
    WIRELESS MICS 350 350 0  
    SPEAKERS W/EQUALIZER 650 650 0  
    KONICA MINOLTA COPIER 14,250 13,615 635  
    BOOKSHELVES 135 105 30  
    BRITTINY'S COMPUTER 1,000 942 58  
    ASUS LAPTOP (3) 2,523 2,378 145  
    EPSON 9900 PRINTER 6,614 6,233 381  
    2 LIBRARY CARTS 420 420 0  
    MULTI FUNCTION LEATHERPLUS 126 126 0  
    TABLE AND CHAIRS 60 60 0  
    3-NEW COMPUTERS 3,766 3,225 541  
    CANON PROFESSIONAL CAMCORDER 2,295 1,964 331  
    COMPUTER FOR JEO 2,200 1,883 317  
    DESKTOP COMPUTER AND MONITOR 1,350 1,156 194  
    SOUND SYSTEM 750 642 108  
    PAPERCUTTER FORM MERRIT LAUDERBACK 2,300 1,969 331  
    SOFTWARE 850 819 31  
    DELL XPS ULTRABOOK COMPUTER 1,395 1,060 335  


    TY 2014 OtherExpensesSchedule
    Name:
    CHRISTIAN HERITAGE FOUNDATION INC
    EIN: 75-3089059
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LIBRARY EXPENSES 4,964 0   4,964
    OFFICE SUPPLIES 21,855 10,928   10,927
    SPECIAL COMMUNITY OUTREACH SERVICES 2,095 0   2,095
    OFFICE EXPENSES 125,662 62,834   62,833
    REMEMBERING ISRAEL 155,820 0   155,820
    OPERATION OUTREACH EXPENSES 23,825 0   23,175
    UTILITIES 24,826 12,413   12,413


    TY 2014 TaxesSchedule
    Name:
    CHRISTIAN HERITAGE FOUNDATION INC
    EIN: 75-3089059
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 4,415 2,208   2,207