TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2014

Open to Public Inspection

For calendar year 2014, or tax year beginning 2014, and ending , 20

Name of foundation
ANGELICA FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)1688 CERRO GORDO Room/suite

City or town, state or province, country, and ZIP or foreign postal code
SANTA FE, NM87501

A Employer identification number

33-0632647

B Telephone number (see instructions)

(505) 955-1491

C If exemption application is pending, check here bullet

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

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

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

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

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

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

$3,509,179J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............	320,650
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments	41,864		41,864
4	Dividends and interest from securities......	9,352		9,352
5a	Gross rents..............	30,000		30,000
b	Net rental income or (loss) 16,844
6a	Net gain or (loss) from sale of assets not on line 10		-54,858
b	Gross sales price for all assets on line 6a 19,662
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).......		10,807	-15,702
12	Total. Add lines 1 through 11........	357,815		65,514
13	Compensation of officers, directors, trustees, etc.	147,360		29,472	117,888
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......	19,156		3,831	15,325
16a	Legal fees (attach schedule).........		1,000	1,000	0
b	Accounting fees (attach schedule).......		19,078	9,539	9,539
c	Other professional fees (attach schedule)....		22,825	12,409	10,417
17	Interest...............	7,458		7,458	0
18	Taxes (attach schedule) (see instructions)...		24,414	3,224	10,611
19	Depreciation (attach schedule) and depletion...		19,367	13,156
20	Occupancy..............	16,043		0	16,043
21	Travel, conferences, and meetings.......	35,195		0	35,195
22	Printing and publications..........
23	Other expenses (attach schedule).......		82,376	47,691	34,685
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	394,272		127,780	249,703
25	Contributions, gifts, grants paid........	357,943			357,943
26	Total expenses and disbursements. Add lines 24 and 25	752,215		127,780	607,646
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-394,400
b	Net investment income (if negative, enter -0-)			0
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2014)

Form 990-PF (2014)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	542,758	349,208	349,208
	2	Savings and temporary cash investments..........	137,725	139,913	139,913
	3	Accounts receivable 897
		Less: allowance for doubtful accounts		897	897
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule) 250,000
		Less: allowance for doubtful accounts 0	250,000	250,000	250,000
	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)........
	11	Investments—land, buildings, and equipment: basis 755,079
		Less: accumulated depreciation (attach schedule) 130,760	550,226	624,319	624,319
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	1,967,077	1,939,149	1,939,149
	14	Land, buildings, and equipment: basis 333,451
		Less: accumulated depreciation (attach schedule) 127,758	211,904	205,693	205,693
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	3,659,690	3,509,179	3,509,179
	17	Accounts payable and accrued expenses..........
	18	Grants payable..................
	19	Deferred revenue..................
	20	Loans from officers, directors, trustees, and other disqualified persons	100,000	187,250
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )	13,322	12,636
	23	Total liabilities (add lines 17 through 22)..........	113,322	199,886
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	0	0
	28	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	29	Retained earnings, accumulated income, endowment, or other funds	3,546,368	3,309,293
	30	Total net assets or fund balances (see instructions)......	3,546,368	3,309,293
	31	Total liabilities and net assets/fund balances (see instructions)..	3,659,690	3,509,179

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	3,546,368
2	Enter amount from Part I, line 27a.....................	2	-394,400
3	Other increases not included in line 2 (itemize)	3	158,556
4	Add lines 1, 2, and 3..........................	4	3,310,524
5	Decreases not included in line 2 (itemize)	5	1,231
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	3,309,293

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	ANGELICA PARTNERS LLC-PER K-1	P	2000-01-01	2014-12-31
b	ANGELICA PARTNERS LLC-PER K-1	P	2014-01-01	2014-12-31
c	CLEARWATER CAPITAL II-PER K-1	P	2000-01-01	2014-12-31
d	CLEARWATER CAPITAL IV-PER K-1	P	2013-01-01	2014-12-31
e	CLEARWATER CAPITAL IV-PER K-1	P	2000-01-01	2014-12-31
	RCG LONGVIEW II LP-PER K-1	P	2000-01-01	2014-12-31
	LOSS ON CAPITAL INSIGHT FUND I LLC	P	2000-01-01	2014-12-31

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	6,413		6,413
b		153	-153
c		48,799	-48,799
d		623	-623
e	11,814		11,814
	1,435		1,435
		24,945	-24,945

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			6,413
b			-153
c			-48,799
d			-623
e			11,814
			1,435
			-24,945

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-54,858
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . . . .		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2013	592,581	3,372,092	0.175731
2012	698,903	3,170,115	0.220466
2011	599,413	4,143,030	0.144680
2010	794,403	4,485,156	0.177118
2009	763,311	4,665,791	0.163597

2	Total of line 1, column (d) ......................	2	0.881592
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	0.176318
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	3,427,585
5	Multiply line 4 by line 3.......................	5	604,345
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	0
7	Add lines 5 and 6.........................	7	604,345
8	Enter qualifying distributions from Part XII, line 4..............	8	607,646
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2014)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	0
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	0
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	0
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	4,173
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	4,173
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	4,173
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax4,173	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

Yes

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

Yes

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

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

NM, CA

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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

and addresses. Click to see attachment

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

Yes

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement (see instructions).................

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

Yes

Website address bullet

WWW.ANGELICAFOUNDATION.ORG

The books are in care of bullet

THE ORGANIZATION Telephone no. bullet

(505) 955-1491

Located at bullet

1688 CERRO GORDOSANTA FENM ZIP+4 bullet

87501

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

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

16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country?

16 No

See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet

Form 990-PF (2014)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2014?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2014, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2014?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2014.)....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

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

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

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

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

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

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

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

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

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

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

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

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

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

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

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

Form 990-PF (2014)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
SUZANNE D GOLLIN	DIRECTOR/PRESIDENT 40.00	104,026	0	0
1688 CERRO GORDO RD SANTA FE,NM87501	DIRECTOR/PRESIDENT 40.00	104,026	0	0
JAMES D GOLLIN	DIRECTOR/SEC/TREAS 10.00	43,333	0	0
1688 CERRO GORDO RD SANTA FE,NM87501	DIRECTOR/SEC/TREAS 10.00	43,333	0	0
GLADYS SCHMIDT	DIRECTOR 0.00	0	0	0
1688 CERRO GORDO RD SANTA FE,NM87501	DIRECTOR 0.00	0	0	0
CHRISTOPHER BROWN	DIRECTOR 0.00	0	0	0
1688 CERRO GORDO RD SANTA FE,NM87501	DIRECTOR 0.00	0	0	0
NINA ROYAL	DIRECTOR 0.00	0	0	0
1688 CERRO GORDO RD SANTA FE,NM87501	DIRECTOR 0.00	0	0	0
NANCY HARRIS CAMPBELL	DIRECTOR 0.00	0	0	0
1688 CERRO GORDO RD SANTA FE,NM87501	DIRECTOR 0.00	0	0	0

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









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

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Form 990-PF (2014)

Page 8

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see instructions.)

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

purposes:

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

136,546

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

292,620

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

3,050,616

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

3,479,782

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

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

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

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

3,479,782

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

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

52,197

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

3,427,585

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

171,379

Part XI

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

and do not complete this part.)

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

171,379

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

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

4,302

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

4,302

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

167,077

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

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

167,077

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

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

167,077

Part XII

Qualifying Distributions (see instructions)

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

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

607,646

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

607,646

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

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

607,646

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2014)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2013	(c) 2013	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7					167,077
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.......	530,657
b From 2010.......	570,145
c From 2011.......	392,261
d From 2012.......	541,407
e From 2013.......	429,198
fTotal of lines 3a through e.........		2,463,668
4Qualifying distributions for 2014 from Part
XII, line 4: $ 607,646
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.....					167,077
e Remaining amount distributed out of corpus		440,569
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		2,904,237
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) ...		530,657
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......		2,373,580
10 Analysis of line 9:
a Excess from 2010....	570,145
b Excess from 2011....	392,261
c Excess from 2012....	541,407
d Excess from 2013....	429,198
e Excess from 2014....	440,569

Form 990-PF (2014)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2014, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2014	(b) 2013	(c) 2012	(d) 2011	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ...........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

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

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2014)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CENTER FOR COMMUNITY CHANGE 1536 U STREET NW WASHINGTON,DC20009	N/A	501(C)3	HUMAN RIGHTS FUNDS	10,000
DRUG POLICY ALLIANCE 70 WEST 36TH STREET 16TH FLOOR NEW YORK,NY10018	N/A	501(C)3	DRUG POLICY	8,062
GLOBAL EXCHANGE 2017 MISSION STREET SUITE 303 SAN FRANCISCO,CA94110	N/A	501(C)3	HUMAN RIGHTS	24,045
LOTERIA FILMS 2261 5TH STREET BERKELEY,CA94710	N/A	501(C)3	VARIOUS	9,000
RAIN FOREST ACTION NETWORK 221 PINE STREET SUITE 500 SAN FRANCISCO,CA94104	N/A	501(C)3	ENVIRONMENT	7,035
SANTA FE CANYON PRESERVATION ASSOCIATION 11714 CANYON ROAD SANTA FE,NM87501	N/A	501(C)3	ENVIRONMENT	500
SANTA FE PREPARATORY SCHOOL 1101 CAMINO DE LA CRUZ BLANCA SANTA FE,NM87505	N/A	501(C)3	SCHOLARSHIP FUND	2,800
SANTA FE WATERSHED ASSOCIATION 1413 SECOND STREET SUITE 3 SANTA FE,NM87505	N/A	501(C)3	ENDOWMENT NORTH AMERICA	1,000
TIDES FOUNDATION PO BOX 29903 SAN FRANCISCO,CA94129	N/A	501(C)3	VARIOUS	261,500
VARIOUS UNDER 500 VARIOUS SANTA FE,NM87505	N/A	501(C)3	VARIOUS	1,301
WILDEARTH GUARDIANS 312 MONTEZUMA AVENUE SANTA FE,NM87501	N/A	501(C)3	WILDLIFE/ENVIRONMENT	200
ASSOCIADOS POR JUSTO(JASS) 2040 SOUTH STREET NW WASHINGTON,DC20011	N/A	501(C)3	MEXICO PROGRAM	5,000
CENTRO DE LOS DERECHOS DEL MIGRANTE INC 519 NORTH CHARLES STREET BALTIMORE,MD21201	N/A	501(C)3	MEXICO PROGRAM	19,000
BOSTON UNIVERSITY BOSTON UNIVERSITY BOSTON,MA02215	N/A	501(C)3	ENDOWMENT	500
CREATIVE SANTA FE PO BOX 2388 SANTA FE,NM87504	N/A	501(C)3	VARIOUS	1,500
THRESHOLD FOUNDATION PO BOX 29903 SAN FRANCISCO,CA941290903	N/A	501(C)3	COMMITTEE POOL PLEDGE	1,000
PROGRESSIVE NOW NM 625 SILVER AVE SW SUITE 320 ALBUQUERQUE,NM87102	N/A	501(C)3	VARIOUS	5,000
CVNM EDUCATION FUND 507 WEBBER STREET UNIT A SANTA FE,NM87505	N/A	501(C)3	CONSERVATION VOTER NM EDUCATION FUND	500
Total ................................. 3a				357,943

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2014)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ............			14	41,864
4 Dividends and interest from securities....			14	9,352
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....			16	16,844
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	-54,858
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aFROM 990-T UBIT		29,680
bRENTAL INCOME - RCG LONGVIEW II LP			16	17
cRENTAL INCOME - NORTHSHORE VILLAGE LLC			16	-22,281
dRENTAL INCOME - ROSEMONT ATLANTA PORTFOLIO LP			16	7,271
eRENTAL INCOME - ROSEMONT DIVERSIFIED			16	-768
fRENTAL INCOME - CLEARWATER CAPITAL II			16	59
gOTHER PASS-THROUGH INCOME			14	-3,171
12 Subtotal. Add columns (b), (d), and (e)..		29,680		-5,671	0

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

1324,009

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2014)

Page 13

Part XVII

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political

Yes

organizations?

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Name of the organization

ANGELICA FOUNDATION

Employer identification number

33-0632647

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 2

Name of organization ANGELICA FOUNDATION

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	SIGRID RAUSING TRUST 39 SLOAN STREET LONDON, X9LP UK	$309,700	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	CHASE FAMILY FOUNDATION SQ225 ASYLUM ST HARTFORD, CT06103	$5,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
3	ROPES AND GRAY 800 BOYLSTON STREET BOSTON, MA02199	$2,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
4	OAXACA SCHOOL MORELOS 1107 OAXACA, MX	$3,950	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 3

Name of organization ANGELICA FOUNDATION

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

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 4

Name of organization
ANGELICA FOUNDATION

Employer identification number

33-0632647

Part III

Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet

$
Use duplicate copies of Part III if additional space is needed.

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2014 AccountingFeesSchedule

Name:

ANGELICA FOUNDATION

EIN: 33-0632647

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	19,078	9,539		9,539

- TIN:

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

TY 2014 DepreciationSchedule

Name:

ANGELICA FOUNDATION

EIN: 33-0632647

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
LEASING COMMISSIONS-PAN	2006-05-04	20,069	20,069	SL	5.000000000000	0	0
FURNITURE-Z GALLERIE	2001-11-15	3,715	3,694	SL	7.000000000000	0	0
FURNITURE- HOME OFFICE+	2001-12-04	5,094	5,094	SL	7.000000000000	0	0
FURNITURE-Z GALLERIE	2001-12-05	734	734	SL	7.000000000000	0	0
FURNITURE- SDB CITI	2002-01-07	1,051	975	SL	7.000000000000	0	0
FURNITURE- HOME OFFICE+	2002-01-12	5,000	4,644	SL	7.000000000000	0	0
FURNITURE-Z GALLERIE	2002-01-30	734	691	SL	7.000000000000	0	0
FURNITURE- HOME OFF SOL	2002-01-30	839	790	SL	7.000000000000	0	0
FURNITURE-Z GALLERIE	2002-02-10	579	546	SL	7.000000000000	0	0
FURNITURE-FAN DIEGO	2002-03-11	498	474	SL	7.000000000000	0	0
FURNITURE- SADDLEBACK	2002-03-11	5,839	5,560	SL	7.000000000000	0	0
FURNITURE- ARTRAGEOUS	2002-03-26	574	554	SL	7.000000000000	0	0
FURNITURE- ARTISANOS IMP	2002-04-02	521	500	SL	7.000000000000	0	0
FURNITURE- WARM HEARTH	2002-04-20	2,799	2,733	SL	7.000000000000	0	0
FURNITURE- ARTISANOS	2002-04-30	1,300	1,271	SL	7.000000000000	0	0
FURNITURE- ARTISANOS	2002-05-22	1,318	1,300	SL	7.000000000000	0	0
FURNITURE- ARTISANOS	2002-07-11	422	422	SL	7.000000000000	0	0
HOME OFFICE SOLUTIONS	2004-03-26	1,004	966	SL	7.000000000000	0	0
EQUIPMENT-B&H PHOTO	2003-12-14	1,356	1,356	SL	5.000000000000	0	0
EQUIPMENT-BEST BUY	2003-12-20	990	990	SL	5.000000000000	0	0
VIDEO CAMERA-BEST BUY	2005-02-25	1,153	1,077	SL	5.000000000000	0	0
HP LASERVET 2840	2005-12-14	1,388	1,388	SL	5.000000000000	0	0
EQUIPMENT-AMEX	2005-12-22	1,583	1,583	SL	5.000000000000	0	0
COMPUTER EQUIP-DELL	2005-04-16	2,152	2,078	SL	5.000000000000	0	0
COMPUTER EQUIP-DELL	2005-09-13	2,010	2,010	SL	5.000000000000	0	0
COMPUTER EQUIP-BEST BUY	2005-11-04	905	905	SL	5.000000000000	0	0
COMPUTER-DELL (GHA)	2005-01-16	1,415	1,298	SL	5.000000000000	0	0
COMPUTER SERVER/MONITOR	2006-03-27	1,019	1,019	SL	5.000000000000	0	0
ADDITIONAL SERVER	2006-04-19	1,834	1,819	SL	5.000000000000	0	0
ADDITIONAL SERVER	2006-05-04	1,104	1,096	SL	5.000000000000	0	0
COMPUTER EQUIP (FRYS)	2006-04-27	1,086	1,076	SL	5.000000000000	0	0
DELL LAPTOP (JDG)	2007-02-27	3,146	2,936	SL	5.000000000000	0	0
COMPUTER - BEST BUY	2007-12-12	1,370	1,370	SL	5.000000000000	0	0
AUTO	2006-12-13	24,396	24,396	SL	5.000000000000	0	0
LAND 8532 VAN NUYS BLVD	2000-11-01	225,389		L		0	0
BUILDING 8532 VAN NUYS BLVD	2000-11-01	275,475	92,703	SL	39.000000000000	7,063	7,063
FACADE IMPROVEMENTS	2000-12-01	10,562	3,534	SL	39.000000000000	271	271
FACADE IMPROVEMENTS	2000-12-15	3,657	1,226	SL	39.000000000000	94	94
TENANT IMPROVEMENTS	2000-12-01	17,306	5,791	SL	39.000000000000	444	444
TENANT IMPROVEMENTS	2000-12-15	15,064	5,034	SL	39.000000000000	386	386
TENANT IMPROVEMENTS	2000-12-26	15,186	5,073	SL	39.000000000000	389	389
TENANT IMPROVEMENTS	2001-05-31	5,191	1,679	SL	39.000000000000	133	133
IMPROVEMENTS - REMODEL	2009-01-01	240,668	30,465	SL	39.500000000000	6,093	0
AMPLIFIER	2009-01-08	2,675	1,260	200DB	5.000000000000	77	0
COMPUTER EQUIP - VIDEO CONVERTER	2009-01-08	1,416	667	200DB	5.000000000000	41	0
COMPUTER - BEST BUY	2011-04-18	531		200DB	5.000000000000	0	0
COMPUTER - APPLE	2011-05-07	2,190		200DB	5.000000000000	0	0
COMPUTER - DELL	2011-06-13	1,148		200DB	5.000000000000	0	0
COMPUTER - SDG AMAZON	2011-12-09	2,689		200DB	5.000000000000	0	0
COMPUTER EQUIP - APPLE	2011-12-14	1,621		200DB	5.000000000000	0	0
OFFICE EQUIP	2011-10-25	649		200DB	5.000000000000	0	0
OFFICE EQUIP	2011-12-15	936		200DB	5.000000000000	0	0
TENANT IMPROVEMENTS	2001-12-15	100,000	2,564	SL	39.000000000000	2,564	2,564
TENANT IMPROVEMENTS	2014-02-11	50,000		SL	39.000000000000	1,175	1,175
TENANT IMPROVEMENTS	2014-04-25	37,250		SL	39.000000000000	637	637

- TIN:

TY 2014 InvestmentsLandSchedule2

Name:

ANGELICA FOUNDATION

EIN: 33-0632647

Category/ Item	Cost/Other Basis	Accumulated Depreciation	Book Value
LAND 8532 VAN NUYS BLVD	225,389	0	225,389
BUILDING 8532 VAN NUYS BLVD	275,475	99,766	175,709
FACADE IMPROVEMENTS	10,562	3,805	6,757
FACADE IMPROVEMENTS	3,657	1,320	2,337
TENANT IMPROVEMENTS	17,306	6,235	11,071
TENANT IMPROVEMENTS	15,064	5,420	9,644
TENANT IMPROVEMENTS	15,186	5,462	9,724
TENANT IMPROVEMENTS	5,191	1,812	3,379
TENANT IMPROVEMENTS	100,000	5,128	94,872
TENANT IMPROVEMENTS	50,000	1,175	48,825
TENANT IMPROVEMENTS	37,250	637	36,613

- TIN:

TY 2014 InvestmentsOtherSchedule2

Name:

ANGELICA FOUNDATION

EIN: 33-0632647

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
INVESTMENTS IN PARTNERSHIPS	FMV	916,139	916,139
INVESTMENTS /LIMITED LIABILITY COMPANIES	FMV	1,023,010	1,023,010

- TIN:

TY 2014 LandEtcSchedule2

Name:

ANGELICA FOUNDATION

EIN: 33-0632647

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value
FURNITURE-Z GALLERIE	3,715	3,694	21
FURNITURE- HOME OFFICE+	5,094	5,094	0
FURNITURE-Z GALLERIE	734	734	0
FURNITURE- SDB CITI	1,051	975	76
FURNITURE- HOME OFFICE+	5,000	4,644	356
FURNITURE-Z GALLERIE	734	691	43
FURNITURE- HOME OFF SOL	839	790	49
FURNITURE-Z GALLERIE	579	546	33
FURNITURE-FAN DIEGO	498	474	24
FURNITURE- SADDLEBACK	5,839	5,560	279
FURNITURE- ARTRAGEOUS	574	554	20
FURNITURE- ARTISANOS IMP	521	500	21
FURNITURE- WARM HEARTH	2,799	2,733	66
FURNITURE- ARTISANOS	1,300	1,271	29
FURNITURE- ARTISANOS	1,318	1,300	18
FURNITURE- ARTISANOS	422	422	0
HOME OFFICE SOLUTIONS	1,004	966	38
EQUIPMENT-B&H PHOTO	1,356	1,356	0
EQUIPMENT-BEST BUY	990	990	0
VIDEO CAMERA-BEST BUY	1,153	1,077	76
HP LASERVET 2840	1,388	1,388	0
EQUIPMENT-AMEX	1,583	1,583	0
COMPUTER EQUIP-DELL	2,152	2,078	74
COMPUTER EQUIP-DELL	2,010	2,010	0
COMPUTER EQUIP-BEST BUY	905	905	0
COMPUTER-DELL (GHA)	1,415	1,298	117
COMPUTER SERVER/MONITOR	1,019	1,019	0
ADDITIONAL SERVER	1,834	1,819	15
ADDITIONAL SERVER	1,104	1,096	8
COMPUTER EQUIP (FRYS)	1,086	1,076	10
DELL LAPTOP (JDG)	3,146	2,936	210
COMPUTER - BEST BUY	1,370	1,370	0
AUTO	24,396	24,396	0
IMPROVEMENTS - REMODEL	240,668	36,558	204,110
AMPLIFIER	2,675	2,675	0
COMPUTER EQUIP - VIDEO CONVERTER	1,416	1,416	0
COMPUTER - BEST BUY	531	531	0
COMPUTER - APPLE	2,190	2,190	0
COMPUTER - DELL	1,148	1,148	0
COMPUTER - SDG AMAZON	2,689	2,689	0
COMPUTER EQUIP - APPLE	1,621	1,621	0
OFFICE EQUIP	649	649	0
OFFICE EQUIP	936	936	0

- TIN:

TY 2014 LegalFeesSchedule

Name:

ANGELICA FOUNDATION

EIN: 33-0632647

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	1,000	1,000		0

- TIN:

TY 2014 LoansFromOfficersSchedule

Name:

ANGELICA FOUNDATION

EIN: 33-0632647

Item No.	1
Lender's Name	SUZANNE AND JIM GOLLIN
Lender's Title
Original Amount of Loan	100000
Balance Due
Date of Note	2013-12
Maturity Date	2014-12
Repayment Terms	LINE OF CREDIT; NON-INTEREST BEARING
Interest Rate	0.000000000000
Security Provided by Borrower	NONE
Purpose of Loan	PROPERTY IMPROVEMENTS/INVESTMENT
Description of Lender Consideration
Consideration FMV

Item No.	2
Lender's Name	SUZANNE AND JIM GOLLIN
Lender's Title
Original Amount of Loan	50000
Balance Due
Date of Note	2014-02
Maturity Date	2014-12
Repayment Terms	LINE OF CREDIT; NON-INTEREST BEARING
Interest Rate	0.000000000000
Security Provided by Borrower	NONE
Purpose of Loan	PROPERTY IMPROVEMENTS/INVESTMENT
Description of Lender Consideration
Consideration FMV

Item No.	3
Lender's Name	SUZANNE AND JIM GOLLIN
Lender's Title
Original Amount of Loan	37250
Balance Due
Date of Note	2014-04
Maturity Date	2014-12
Repayment Terms	LINE OF CREDIT; NON-INTEREST BEARING
Interest Rate	0.000000000000
Security Provided by Borrower	NONE
Purpose of Loan	PROPERTY IMPROVEMENTS/INVESTMENT
Description of Lender Consideration
Consideration FMV

- TIN:

TY 2014 OtherDecreasesSchedule

Name:

ANGELICA FOUNDATION

EIN: 33-0632647

Description	Amount

- TIN:

TY 2014 OtherExpensesSchedule

Name:

ANGELICA FOUNDATION

EIN: 33-0632647

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
BOOKKEEPER	18,195	9,097	9,098
OFFICE EXPENSE	2,994	1,497	1,497
INFORMATION TECH EXPENSES	8,884	4,442	4,442
MEALS AND ENTERTAINMENT AT 50%	1,203	0	1,203
PARTNERSHIP DEDUCTIONS	31,347	31,347	0
DUES AND SUBSCRIPTIONS	675	337	338
POSTAGE AND DELIVERY	1,241	621	620
GRANT/ADMIN FEES	17,400	0	17,400
CHARITABLE CONTRIBUTIONS - FROM K-1	1	1	0
BANK CHARGES	436	349	87

- TIN:

TY 2014 OtherIncomeSchedule2

Name:

ANGELICA FOUNDATION

EIN: 33-0632647

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
FROM 990-T UBIT	29,680		29,680
RENTAL INCOME - RCG LONGVIEW II LP	17	17	17
RENTAL INCOME - NORTHSHORE VILLAGE LLC	-22,281	-22,281	-22,281
RENTAL INCOME - ROSEMONT ATLANTA PORTFOLIO LP	7,271	7,271	7,271
RENTAL INCOME - ROSEMONT DIVERSIFIED	-768	-768	-768
RENTAL INCOME - CLEARWATER CAPITAL II	59	59	59
OTHER PASS-THROUGH INCOME	-3,171		-3,171

- TIN:

TY 2014 OtherIncreasesSchedule

Name:

ANGELICA FOUNDATION

EIN: 33-0632647

Description	Amount

- TIN:

TY 2014 OtherLiabilitiesSchedule

Name:

ANGELICA FOUNDATION

EIN: 33-0632647

Description	Beginning of Year - Book Value	End of Year - Book Value
CREDIT CARD PAYABLE	5,347	4,238
SECURITY DEPOSIT- PANORAMA CITY	7,920	7,920
OTHER PAYABLES	55	478

- TIN:

TY 2014 OtherProfessionalFeesSchedule

Name:

ANGELICA FOUNDATION

EIN: 33-0632647

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT FEES	1,992	1,992		0
CONSULTING FEES	20,833	10,417		10,417

- TIN:

TY 2014 SubstantialContributorsSch

Name:

ANGELICA FOUNDATION

EIN: 33-0632647

Name	Address
	400 WEST 59TH STREET NEW YORK,NY10019
	12 PENZANCE PLACE LONDONW11 4PA UK

- TIN:

TY 2014 TaxesSchedule

Name:

ANGELICA FOUNDATION

EIN: 33-0632647

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
FOREIGN TAXES	488	488	0
PAYROLL TAXES	11,419	2,284	9,135
LICENSES, TAXES, PERMITS	222	111	111
TAXES	1,706	341	1,365
EXCISE TAXES	10,579	0	0