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
Beaver Family Foundation Inc
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)2425 N Center StSuite 362Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Hickory, NC28601
A Employer identification number

56-2028723
B Telephone number (see instructions)

(828) 325-0655
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$14,062,755J 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).............. 0
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 212 212  
4 Dividends and interest from securities...... 466,972 466,972  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -11,282
b Gross sales price for all assets on line 6a 1,830,137
7 Capital gain net income (from Part IV, line 2)... 0
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........ 455,902 467,184  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 11,250     11,250
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 60,896 20,896   40,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 17,876 12,776    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 45,279 1,777   43,502
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 135,301 35,449   94,752
25 Contributions, gifts, grants paid........ 536,183 536,183
26 Total expenses and disbursements. Add lines 24 and 25 671,484 35,449   630,935
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -215,582
b Net investment income (if negative, enter -0-) 431,735
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.......... 112,986 405,407 405,407
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)........ 6,410,914 Click to see attachment6,334,460 10,515,747
c Investments—corporate bonds (attach schedule)........ 3,592,963 Click to see attachment3,161,414 3,141,601
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis 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) 10,116,863 9,901,281 14,062,755
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.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 10,116,863 9,901,281
30 Total net assets or fund balances (see instructions)...... 10,116,863 9,901,281
31 Total liabilities and net assets/fund balances (see instructions).. 10,116,863 9,901,281
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 10,116,863
2 Enter amount from Part I, line 27a..................... 2 -215,582
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 9,901,281
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 9,901,281
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 Publicly-traded Securities      
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 1,830,137   1,841,419 -11,282
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       -11,282
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -11,282
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 615,825 13,173,963 0.046746
2012 299,722 12,555,436 0.023872
2011 315,593 11,754,046 0.02685
2010 91,930 11,183,822 0.00822
2009 202,950 10,203,138 0.019891
2 Total of line 1, column (d) ...................... 2 0.125579
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 0.025116
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 13,813,655
5 Multiply line 4 by line 3....................... 5 346,944
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 4,317
7 Add lines 5 and 6......................... 7 351,261
8 Enter qualifying distributions from Part XII, line 4.............. 8 630,935
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 4,317
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 4,317
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 4,317
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 7,261
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 7,261
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 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 2,944
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet2,944 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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)
    bulletNC
    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 ofbulletFoundation Source Telephone no.bullet (800) 839-1754
    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
    Donald C BeaverClick to see attachment Pres
    1.0     		2,500    
    2425 N Center St
    Hickory,NC28601
    Donna B FlemingClick to see attachment Treas
    1.0     		3,750    
    2425 N Center St
    Hickory,NC28601
    Deborah B LooperClick to see attachment VP
    1.0     		5,000    
    2425 N Center St
    Hickory,NC28601
    Angela B SimmonsClick to see attachment Sec
    1.0     		0    
    2425 N Center St
    Hickory,NC28601
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    13,792,168
    b
    Average of monthly cash balances.......................
    1b
    231,847
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    14,024,015
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    14,024,015
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    210,360
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    13,813,655
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    690,683
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    690,683
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    4,317
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,317
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    686,366
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    686,366
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    686,366
    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
    630,935
    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
    630,935
    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
    4,317
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    626,618
    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 7 686,366
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 609,904
    b Total for prior years:2012, 2011, 2010  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 630,935
    a Applied to 2013, but not more than line 2a 609,904
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2014 distributable amount..... 21,031
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		665,335
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014.... 0
    Form 990-PF (2014)
    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).)
    Angela B Simmons
    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
    ALZHEIMERS NORTH CAROLINA INC
    1305 NAVAHO DR STE 101
    RALEIGH,NC27609     		N/A PC Charitable Event 300
    AMERICAN HEART ASSOCIATION
    222 S CHURCH ST STE 303
    CHARLOTTE,NC28202     		N/A PC Charitable Event 1,000
    APPALACHIAN STATE UNIVERSITY FOUNDATION INC
    ASU BOX 32014
    BOONE,NC28608     		N/A PC College of Health Sciences 237,500
    AUTISM SOCIETY OF NORTH CAROLINA INC
    505 OBERLIN RD STE 230
    RALEIGH,NC27605     		N/A PC General & Unrestricted 1,000
    CAROLINA CYCLE CHALLENGE INC
    PO BOX 623
    NEWTON,NC28658     		N/A PC Bronze Sponsorship Fund 500
    CATAWBA COUNTY COUNCIL ON AGING INC
    400 17TH ST SW
    HICKORY,NC28602     		N/A PC Neighbors Network Project 3,000
    CATAWBA COUNTY PARENTING NETWORK
    1005 1ST AVE S
    CONOVER,NC28613     		N/A PC General & Unrestricted 2,500
    CATAWBA COUNTY SOCIAL SERVICES
    PO BOX 669
    NEWTON,NC28658     		N/A PC Backpack Program 1,000
    CATAWBA RESCUE SQUAD INC
    PO BOX 125
    CATAWBA,NC28609     		N/A PC Claremont Rescue Squad 100
    CATAWBA SCIENCE CENTER INC
    243 3RD AVE NE
    HICKORY,NC28601     		N/A PC Crime Lab Detectives Exhibition 5,000
    CHARLOTTE SYMPHONY ORCHESTRA SOCIETY INC
    301 S TRYON ST STE 1700
    CHARLOTTE,NC28282     		N/A PC General & Unrestricted 500
    CHILDREN'S ADVOCACY CENTER OF CATAWBA COUNTY INC
    1007 1ST AVE S
    CONOVER,NC28613     		N/A PC General & Unrestricted 15,000
    CHRIST SCHOOL INC
    500 CHRIST SCHOOL RD
    ARDEN,NC28704     		N/A PC New Dining Hall 20,000
    CORNERSTONE COUNSELING CENTER
    439 1ST AVE NW
    HICKORY,NC28601     		N/A PC CCA Smart Board Fund 2,500
    CORNERSTONE COUNSELING CENTER
    439 1ST AVE NW
    HICKORY,NC28601     		N/A PC Charitable Event 250
    COUNCIL ON ADOLESCENTS OF CATAWBA COUNTY INC
    1120 FAIRGROVE CHURCH RD STE 22
    HICKORY,NC28602     		N/A PC General & Unrestricted 12,000
    EASTERN CATAWBA COOPERATIVE CHRISTIAN MINISTRY INC
    PO BOX 31
    NEWTON,NC28658     		N/A PC Emergency Assistance Program 15,000
    EXODUS OUTREACH FOUNDATION INC
    122 8TH AVE DR SW
    HICKORY,NC28602     		N/A PC General & Unrestricted 10,000
    EXODUS OUTREACH FOUNDATION INC
    122 8TH AVE DR SW
    HICKORY,NC28602     		N/A PC 2014 Mitchell Gold + Bob Williams Challenge 250
    FAMILY CARE CENTER OF CATAWBA VALLEY INC
    2875 HIGHLAND AVE NE
    HICKORY,NC28601     		N/A PC General & Unrestricted 8,250
    FAMILY GUIDANCE CENTER INCORPORATED
    17 HWY 70 SE
    HICKORY,NC28602     		N/A PC General & Unrestricted 100
    FIRST PRESBYTERIAN CHURCH
    237 2ND ST NW
    HICKORY,NC28601     		N/A PC Good Samaritan Fund 500
    FOOTHILLS CONSERVANCY OF NORTH CAROLINA INC
    PO BOX 3023
    MORGANTON,NC28680     		N/A PC General & Unrestricted 500
    FRYE REGIONAL MEDICAL CENTER AUXILIARY
    420 N CENTER ST
    HICKORY,NC28601     		N/A PC Hospitality House 500
    GREATER HICKORY COOPERATIVE CHRISTIAN MINISTRY
    31 1ST AVE SE
    HICKORY,NC28602     		N/A PC Circles Catawba Program 1,000
    HABITAT FOR HUMANITY OF CATAWBA VALLEY INC
    772 4TH ST SW
    HICKORY,NC28602     		N/A PC Builder's Circle Fund 250
    HELPING HANDS CLINIC INC
    810 HARPER AVE NW
    LENOIR,NC28645     		N/A PC General & Unrestricted 2,000
    HICKORY CHRISTIAN ACADEMY
    3260 6TH DR NW
    HICKORY,NC28601     		N/A PC Charitable Event 350
    HICKORY COMMUNITY THEATRE INC
    30 3RD ST NW
    HICKORY,NC28601     		N/A PC General & Unrestricted 250
    HICKORY COMMUNITY THEATRE INC
    30 3RD ST NW
    HICKORY,NC28601     		N/A PC Theatre By Me - Thinking, Feeling, Creating 2,500
    HICKORY COMMUNITY THEATRE INC
    30 3RD ST NW
    HICKORY,NC28601     		N/A PC Capital Campaign for Theatre Renovations 8,333
    HICKORY SOUP KITCHEN INC
    PO BOX 1431
    HICKORY,NC28603     		N/A PC Because Hickory Cares Campaign 50,000
    HUMANE SOCIETY OF CATAWBA COUNTY
    PO BOX 63
    HICKORY,NC28603     		N/A PC General & Unrestricted 10,250
    HUMANE SOCIETY OF CATAWBA COUNTY
    PO BOX 63
    HICKORY,NC28603     		N/A PC Outdoor play area 5,000
    HUMANE SOCIETY OF CATAWBA COUNTY
    PO BOX 63
    HICKORY,NC28603     		N/A PC Charitable Event 250
    HUMANE SOCIETY OF ROWAN COUNTY INC
    PO BOX 295
    SALISBURY,NC28145     		N/A PC General & Unrestricted 250
    JAMES C HARPER SCHOOL OF PERFORMING ARTS INC
    PO BOX 390
    LENOIR,NC28645     		N/A PC General & Unrestricted 2,500
    MARCH OF DIMES
    1220 COMMERCE ST STE G
    CONOVER,NC28613     		N/A PC General & Unrestricted 20,000
    NEWTON-CONOVER HIGH SCHOOL
    338 W 15TH ST
    NEWTON,NC28658     		N/A PC Back to School Bash 250
    NORTH CAROLINA SPORTS HALL OF FAME INC
    PO BOX 31524
    RALEIGH,NC27622     		N/A PC Charitable Event 1,000
    OUTRIGHT YOUTH OF CATAWBA VALLEY INC
    PO BOX 2222
    HICKORY,NC28603     		N/A PC General & Unrestricted 3,000
    PARTNERS FOR PARKS INC
    PO BOX 411371
    CHARLOTTE,NC28241     		N/A PC Friends of Hickory Fund 25,000
    PORT CITY COMMUNITY CHURCH
    250 VISION DR
    WILMINGTON,NC28403     		N/A PC Guatemala Mission Trip Fund 250
    SAFE HARBOR RESCUE MISSION INC
    210 2ND ST SE
    HICKORY,NC28602     		N/A PC General & Unrestricted 8,000
    SAMARITANS PURSE
    PO BOX 3000
    BOONE,NC28607     		N/A PC Emergency Crisis Relief Fund 10,000
    THE AMERICAN ADVENTURE SERVICE CORPS
    PO BOX 69
    JONAS RIDGE,NC28641     		N/A PC TAASC Bus Fund 5,000
    THE SALVATION ARMY
    PO BOX 1167
    HICKORY,NC28602     		N/A PC Gym Remodeling 20,000
    TRICHOTILLOMANIA LEARNING CENTER
    207 MCPHERSON ST STE H
    SANTA CRUZ,CA95060     		N/A PC General & Unrestricted 250
    UNITED ARTS COUNCIL OF CATAWBA COUNTY
    243 3RD AVE NE BOX 5
    HICKORY,NC28601     		N/A PC 2015 United Arts Fund 10,000
    W M JENKINS ELEMENTARY SCHOOL
    3750 N CENTER ST
    HICKORY,NC28601     		N/A PC Charitable Event 250
    WESTERN PIEDMONT COUNCIL OF GOVERNMENTS
    PO BOX 9026
    HICKORY,NC28603     		N/A PC 2015 Unifour Senior Games 2,500
    WESTERN PIEDMONT SYMPHONY-THE UNIFOUR ORCHESTRA
    243 3RD AVE NE STE 1-N
    HICKORY,NC28601     		N/A PC Friends of the Quartet Initiative 500
    WOMEN'S RESOURCE CENTER
    125 3RD ST NE
    HICKORY,NC28601     		N/A PC Women to Work Program 10,000
    Total .................................bullet 3a 536,183
    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 ............     		    14 212  
    4 Dividends and interest from securities....     14 466,972  
    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 -11,282  
    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)..   455,902  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13455,902
    (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 CompensationExplanation
    Name:
    Beaver Family Foundation Inc
    EIN: 56-2028723
    Person Name Explanation
    Angela B Simmons ABS LEGACY PARTNERS, A FIRM OWNED BY AN OFFICER OF THE BEAVER FAMILY FOUNDATION (THE "FOUNDATION"), WAS PAID $40,000 BY THE FOUNDATION TO PROVIDE MANAGEMENT SERVICES. THIS COMPENSATION IS REPORTED ON PART I, LINE 16C TO BE CONSISTENT WITH THE CHARACTER OF THE EXPENSE. THE FIRM BILLED THE FOUNDATION AT OR BELOW MARKET RATES.

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

    TY 2014 DepreciationSchedule
    Name:
    Beaver Family Foundation Inc
    EIN: 56-2028723
    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

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    Beaver Family Foundation Inc
    EIN: 56-2028723
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AES CORP - 8.000% - 10/15/2017 163,125 171,375
    BAIDU INC - 3.250% - 08/06/201 204,778 207,041
    CITIGROUP INC PERP-B NT - 5.90 300,556 301,125
    COMCAST CORP - 5.875% - 02/15/ 240,936 225,080
    ENTERPRISE PRODUCTS - 7.034% - 215,876 216,500
    FRESENIUS MED CARE - 6.875% - 202,956 192,126
    GE CAP CORP - 6.250% - 12/15/2 216,200 225,540
    GOLDMAN SACHS - 5.625% - 01/15 190,601 186,762
    HEINZ H J CO SR NT - 4.250% - 304,665 307,500
    INT'L LEASE FIN CORP - 5.750% 216,200 206,750
    MERRILL LYNCH & CO INC - 5.700 211,977 215,080
    PETROBRAS INTL FIN CO NOTE - 3 182,161 175,284
    SPRINT NEXTEL CORP BD - 6.000% 318,689 312,938
    WACHOVIA CAPITAL TR BONDS - 5. 192,694 198,500

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    Beaver Family Foundation Inc
    EIN: 56-2028723
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 183,404 211,127
    ABBOTT LABS 254,153 255,310
    ANHEUSER BUSCH COS INC 108,421 150,050
    APPLE INC. 178,772 312,875
    BANK OF AMERICA CORP 85,404 79,650
    BANK OF AMERICA CORP 7.250% CO 195,432 231,800
    BECTON DICKINSON & CO 130,600 225,392
    BERKSHIRE HATHAWAY INC DEL CL 420,711 853,599
    BGE CAPITAL TRUST II 74,619 76,350
    CHEVRON CORP 209,993 527,535
    CHINA MOBILE HGK LTD 174,450 250,005
    COCA-COLA CO 85,780 121,680
    COLGATE-PALMOLIVE COMPANY 191,916 336,400
    COSTCO WHOLESALE CORPORATION 63,655 429,150
    GENERAL ELECTRIC CO 49,325 121,860
    GOOGLE INC CL C 280,374 295,537
    ISHARES MSCI EMERGING MARKETS 94,614 128,640
    JOHNSON & JOHNSON 115,023 198,400
    L'OREAL ADR 69,405 188,400
    MCDONALD'S CORP 125,245 434,475
    MICROSOFT CORPORATION 65,128 121,600
    NATIONAL GRID TRANSCO PLC 45,520 67,430
    NESTLE S.A. 179,997 776,200
    NIKE INC-CL B 113,630 148,260
    NOVO NORDISK A S 46,466 562,700
    PEPSICO INC 206,738 309,140
    PRUDENTIAL FINANCIAL INC SER C 125,000 129,500
    PUBLIC STORAGE 5.900% 39,963 38,280
    QUALCOMM INC 142,885 170,000
    ROYAL DUTCH SHELL PLC 67,765 63,430
    SURGUTNEFTEGAZ PREF 46,878 75,000
    SWATCH GROUP 138,245 114,681
    SYSCO CORP 149,755 185,150
    UNILEVER PLC AMER 238,128 262,920
    UNITED PARCEL SERVICE 210,992 291,537
    US BANCORP 6% 123,702 129,600
    VANGUARD HEALTH CARE ETF 129,131 132,830
    VANGUARD ST BOND ETF 354,451 351,619
    VERIZON COMMUNICATIONS 90,945 96,139
    WAL-MART STORES INC. 222,653 312,200
    WALT DISNEY HOLDINGS CO. 138,517 250,056
    WELLS FARGO & COMPANY DEPOSITA 96,210 105,240
    WHOLE FOODS MARKET, INC. 137,745 119,400
    ZIMMER HOLDINGS INC 132,720 274,600

    TY 2014 OtherExpensesSchedule
    Name:
    Beaver Family Foundation Inc
    EIN: 56-2028723
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 42,002     42,002
    Bank Charges 1,777 1,777    
    Foundation Dues & Memberships 750     750
    Indemnification Insurance 750     750


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    Beaver Family Foundation Inc
    EIN: 56-2028723
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administration of Foundation 40,000     40,000
    Investment Management Services 20,896 20,896    


    TY 2014 TaxesSchedule
    Name:
    Beaver Family Foundation Inc
    EIN: 56-2028723
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2015 5,100      
    Foreign Tax Paid 12,776 12,776