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
ROBERT B DAUGHERTY FOUNDATION
 
% JOHN WILSON
Number and street (or P.O. box number if mail is not delivered to street address)ONE VALMONT PLAZA   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Omaha, NE68154
A Employer identification number

36-3766006
B Telephone number (see instructions)

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$734,456,102J 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 673 673  
4 Dividends and interest from securities...... 12,118,655 12,104,460 14,195
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 83,238,349
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 83,238,349
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)....... Click to see attachment -1,562 -1,562  
12 Total. Add lines 1 through 11........ 95,356,115 95,341,920 14,195
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 647,923 129,585   518,338
14 Other employee salaries and wages...... 310,792 62,158   248,634
15 Pension plans, employee benefits....... 159,231 31,846   127,385
16a Legal fees (attach schedule)......... Click to see attachment 34,564 31,108 0 3,456
b Accounting fees (attach schedule)....... Click to see attachment 38,625 7,725 0 30,900
c Other professional fees (attach schedule).... Click to see attachment 2,589,532 2,534,492   55,040
17 Interest............... 44,909 44,909    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,189,387 206,614   37,773
19 Depreciation (attach schedule) and depletion... Click to see attachment 164,256 164,256  
20 Occupancy.............. 199,133 39,827   159,306
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,049,795 995,507   54,288
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,428,147 4,248,027 0 1,235,120
25 Contributions, gifts, grants paid........ 34,891,421 34,891,421
26 Total expenses and disbursements. Add lines 24 and 25 41,319,568 4,248,027 0 36,126,541
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 54,036,547
b Net investment income (if negative, enter -0-) 91,093,893
c Adjusted net income (if negative, enter -0-)... 14,195
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.......... 31,609,795 13,638,384 13,638,384
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........      
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 735,846,809 Click to see attachment719,883,608 719,883,608
14 Land, buildings, and equipment: basis bullet1,402,587
Less: accumulated depreciation (attach schedule) bullet468,477 1,041,093 934,110 934,110
15 Other assets (describe bullet) Click to see attachment4,561,949    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 773,059,646 734,456,102 734,456,102
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................... 773,059,646 734,456,102
25 Temporarily restricted................ 0 0
26 Permanently restricted................ 0 0
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)...... 773,059,646 734,456,102
31 Total liabilities and net assets/fund balances (see instructions).. 773,059,646 734,456,102
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)............... 1 773,059,646
2 Enter amount from Part I, line 27a..................... 2 54,036,547
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 554,777
4 Add lines 1, 2, and 3.......................... 4 827,650,970
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 93,194,868
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 734,456,102
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 OTHER - DETAIL AVAILABLE UPON REQUEST P    
b 350,000 SHS VALMONT INDUSTRIES, INC. D    
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       33,148,105
b       50,090,244
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        
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 83,238,349
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 31,170,484 743,529,246 0.041922
2012 25,338,173 676,131,741 0.037475
2011 12,877,562 539,247,522 0.023881
2010 9,071,746 279,710,288 0.032433
2009 4,472,796 218,746,219 0.020447
2 Total of line 1, column (d) ...................... 2 0.156158
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 0.031232
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 763,059,100
5 Multiply line 4 by line 3....................... 5 23,831,862
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 910,939
7 Add lines 5 and 6......................... 7 24,742,801
8 Enter qualifying distributions from Part XII, line 4.............. 8 36,126,541
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 1 910,939
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........................... 3 910,939
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- ..... 5 910,939
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 898,547
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 200,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,098,547
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 10 187,608
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet187,608 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? Click to see list of attachments....................
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 changesClick to see list of attachments....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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.Click to see list of attachments
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNE
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletJOHN WILSON Telephone no.bullet (402) 933-4663
    Located atbulletONE VALMONT PLAZA SUITE 202OMAHANE ZIP+4bullet68154
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16Yes  
    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 bulletEI
    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
     
    No
    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
    J TIMOTHY DAUGHERTY trustee
    1.0     		35,000 0 0
    ONE VALMONT PLAZA
    Omaha,NE68154
    ROBERT DAUGHERTY III TRUSTEE
    1.0     		35,000 0 5,047
    ONE VALMONT PLAZA
    Omaha,NE68154
    F JOE DAUGHERTY TRUSTEE
    1.0     		35,000 0 0
    ONE VALMONT PLAZA
    Omaha,NE68154
    MOGENS BAY TRUSTEE
    1.0     		35,000 0 0
    ONE VALMONT PLAZA
    Omaha,NE68154
    KEN STINSON TRUSTEE
    1.0     		35,000 0 0
    ONE VALMONT PLAZA
    Omaha,NE68154
    JOHN K WILSON EXECUTIVE DIRECTOR
    40.0     		328,615 52,535 0
    ONE VALMONT PLAZA
    Omaha,NE68154
    KIMBERLY YUNGTUM CHIEF GRANTS OFFICER
    40.0     		144,308 36,038 0
    ONE VALMONT PLAZA
    Omaha,NE68154
    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
    REBECCA NADGWICK CONTROLLER/MANAGER
    40.0     		101,723 30,697 0
    ONE VALMONT PLAZA
    OMAHA,NE68154
    FRED SCHOTT PROGRAM ADVISOR
    20.0     		82,384 6,591 0
    ONE VALMONT PLAZA
    OMAHA,NE68154
    SARA SEMIN GRANTS RESEARCHER
    40.0     		71,723 19,761 0
    ONE VALMONT PLAZA
    OMAHA,NE68154
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    PRODIGY ASSET MANAGEMENT LLC INVESTMENT SERVICES 781,449
    14100 CRAWFORD STREET
    BOYS TOWN,NE68010
    BNY Mellon NA investment services 224,779
    PO BOX 223230
    PITTSBURGH,PA152512230
    MONDRIAN INVESTMENT GROUP INC investment services 158,895
    1105 N MARKET STREET SUITE 1118
    WILMINGTON,DE19801
    IRIDIAN ASSET MANAGEMENT LLC investment services 200,333
    276 POST ROAD WEST
    WESTPORT,CT068804704
    conestoga capital advisors investment services 131,121
    259 n radnor-chester road suite 12
    RADNOR,PA19087
    Total number of others receiving over $50,000 for professional services.............bullet5
    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
    744,232,852
    b
    Average of monthly cash balances.......................
    1b
    28,918,328
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,528,109
    d
    Total (add lines 1a, b, and c).........................
    1d
    774,679,289
    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
    774,679,289
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    11,620,189
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    763,059,100
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    38,152,955
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    38,152,955
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    910,939
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    910,939
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    37,242,016
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    37,242,016
    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
    37,242,016
    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
    36,126,541
    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
    36,126,541
    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
    910,939
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    35,215,602
    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 37,242,016
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 34,009,890
    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....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 36,126,541
    a Applied to 2013, but not more than line 2a 34,009,890
    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..... 2,116,651
    e Remaining amount distributed out of corpus 0
    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 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 ..........     		35,125,365
    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).)
    NONE
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Kimberly Yungtum
    ONE VALMONT PLAZA SUITE 202
    OMAHA,NE68154
    (402) 933-4663
    bThe form in which applications should be submitted and information and materials they should include:
    ATTACHMENT 19
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    PRIMARILY FOR ORGANIZATIONS IN THE STATE OF NEBRASKA, PARTICULARLY IN THE GREATER OMAHA AREA.
    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
    ALLPLAY Foundation Inc
    13414 Paul Street
    Omaha,NE68154     		none PC Capital Fund/Renovation 300,000
    Ashland Area Foundation
    1442 Silver St
    Ashland,NE68003     		none PC Capital Fund/Renovation 50,000
    Bethany Lutheran Church
    4200 N 204th St
    Elkhorn,NE68022     		none PC Program/Project Support 2,000
    Big Brothers Big Sisters Of The Midlands
    10831 Old Mill Rd Suite 400
    Omaha,NE68154     		none PC General Operating Support 50,000
    Blue Barn Theatre
    614 South 11th Street
    Omaha,NE68102     		none PC General Operating Support 30,000
    Boy Scouts Of America
    12401 West Maple Road
    Omaha,NE68164     		none PC Capital Fund/Renovation 249,000
    Boys & Girls Clubs Of Lincoln and Lancaster County
    PO Box 22344
    Lincoln,NE68542     		none PC General Operating Support 30,000
    Boys And Girls Clubs Of The Midlands
    2610 Hamilton Street
    Omaha,NE68131     		none PC Program/Project Support and General Operating Support 970,000
    Casa For Douglas County
    2412 St Marys Avenue
    Omaha,NE68105     		none PC Capital Fund/Renovation and General Operating Support 90,000
    Child Saving Institute Inc
    4545 Dodge St
    Omaha,NE68132     		none PC General Operating Support 25,000
    Children's Hospital & Medical Center Foundation
    8401 West Dodge Road Suite 120
    Omaha,NE68114     		none PC Capital Fund/Renovation 250,000
    Children's Respite Care Center Inc
    5321 S 138th Street
    Omaha,NE68137     		none PC Capital Fund/Renovation 250,000
    City of Ada MN
    15 East 4th Ave
    Ada,MN56510     		none GOV Capital Fund/Renovation 50,000
    City of Omaha
    1819 Farnam Street Suite 300
    Omaha,NE68183     		none GOV Program/Project Support 505,000
    City Of Omaha Police Foundation Inc
    PO Box 31134
    Omaha,NE68131     		none PC Program/Project Support 398,000
    City Of Omaha Public Library Foundation
    215 S 15th St
    Omaha,NE68102     		none PC General Operating Support 50,000
    Collective For Youth
    105 N 31st Ave Suite 103
    Omaha,NE68131     		none PC General Operating Support 50,000
    Completely Kids
    2566 St Marys Avenue
    Omaha,NE68105     		none PC General Operating Support 225,000
    Creighton University
    2500 California Plaza
    Omaha,NE68178     		none PC Capital Fund/Renovation 1,000,000
    Custer Economic Development Corporation
    PO Box 2
    Broken Bow,NE68822     		none PC Program/Project Support 10,000
    Doane College
    1014 Boswell Avenue
    Crete,NE68333     		none PC Capital Fund/Renovation 250,000
    Donors Trust co Heritage Services
    10050 Regency Circle Suite 101
    Omaha,NE68114     		none PC Capital Fund/Renovation 3,200,000
    Downtown Omaha Inc Foundation
    1905 Harney St Ste 610
    Omaha,NE68108     		none PC Program/Project Support 25,000
    Film Streams Inc
    1340 Mike Fahey Street
    Omaha,NE68102     		none PC General Operating Support 25,000
    Fremont Public Schools
    130 East 9th Street
    Fremont,NE68025     		none GOV Capital Fund/Renovation 296,000
    Girls Incorporated of Omaha
    2811 North 45th Street
    Omaha,NE68104     		none PC Capital Fund/Renovation and Program/Project Support 1,171,451
    Good Neighbor Community Health Center
    2282 East 32nd Ave
    Columbus,NE68601     		none PC Capital Fund/Renovation 400,000
    Grand Island Education Foundation
    123 S Webb Rd
    Grand Island,NE68803     		none PC Capital Fund/Renovation 250,000
    Habitat For Humanity of Omaha Inc
    1701 N 24th Street
    Omaha,NE68110     		none PC Program/Project Support 170,000
    Harbor House
    7415 Cedar Street
    Omaha,NE68124     		none PC General Operating Support 166,666
    Hastings College Foundation
    11422 Miracle Hills Drive Suite 55
    Omaha,NE68154     		none SO II Capital Fund/Renovation 1,500,000
    Heart Ministry Center Inc
    2222 Binney St
    Omaha,NE68110     		none PC Program/Project Support 113,000
    Heartland Hope Mission
    5210 South 21st Street
    Omaha,NE68107     		none PC General Operating Support 30,000
    Holthus Convention Center Foundation Inc
    529 Lincoln Avenue
    York,NE68467     		none PC Capital Fund/Renovation 250,000
    Jesuit Academy
    2311 N 22nd Street
    Omaha,NE68110     		none PC Capital Fund/Renovation 350,000
    Joslyn Art Museum Foundation
    2200 Dodge Street
    Omaha,NE68102     		none PC Capital Fund/Renovation 865,000
    Kaneko
    1111 Jones Street
    Omaha,NE68102     		none PC General Operating Support 50,000
    Kountze Memorial Evangelical Lutheran Church
    2650 Farnam Street
    Omaha,NE68131     		none PC Capital Fund/Renovation 150,000
    Lexington Community Foundation
    PO Box 422
    Lexington,NE68850     		none PC Capital Fund/Renovation 185,000
    Lutheran Family Services of Ne Inc
    124 South 24th Street 230
    Omaha,NE68102     		none PC Capital Fund/Renovation 20,000
    Madonna School
    6402 N 71st St
    Omaha,NE68104     		none PC Capital Fund/Renovation 60,000
    MAPA Foundation
    2222 Cuming St
    Omaha,NE68102     		none PC Program/Project Support 75,000
    Missouri River Basin Lewis & Clark Interpretive
    TRAILS VISITOR CENTER FOUNDATION
    PO Box 785
    Nebraska City,NE68410     		none PC General Operating Support 50,000
    National Audubon Society Inc
    PO Box 117
    Denton,NE68339     		none PC Capital Fund/Renovation 449,000
    Nebraska Advanced Manufacturing Coalition
    1299 Farnam St Ste 530
    Omaha,NE68102     		none PC Program/Project Support 15,000
    Nebraska Children And Families Foundation
    215 Centennial Mall So Ste 200
    Lincoln,NE68508     		none PC Program/Project Support 325,000
    Nebraska Cultural Endowment
    1004 Farnam Street Plaza Level
    Omaha,NE68102     		none PC General Operating Support 100,000
    Nebraska Game And Parks Foundation
    P O Box 36
    Waverly,NE68462     		none PC Capital Fund/Renovation 150,000
    Nebraska Humane Society
    8929 Fort Street
    Omaha,NE68134     		none PC General Operating Support 100,000
    Nebraska Shakespeare Festival Inc
    2500 California Plaza
    Omaha,NE68178     		none PC Program/Project Support 10,000
    Nevis Public Schools
    210 Pleasant Street
    Nevis,MN56467     		none GOV Program/Project Support 10,000
    Northeast Community College Foundation
    801 East Benjamin Avenue
    Norfolk,NE68701     		none PC Capital Fund/Renovation 200,000
    Northstar Foundation
    4242 N 49th Ave
    Omaha,NE68104     		none PC Capital Fund/Renovation 250,000
    Omaha Botanical Center Inc co Heritage Services
    10050 Regency Circle Suite 101
    Omaha,NE68114     		none PC Capital Fund/Renovation 5,000,000
    Omaha Botanical Center Inc
    100 Bancroft Street
    Omaha,NE68108     		none PC Program/Project Support 25,000
    Omaha by Design
    6001 Dodge Street
    Omaha,NE68182     		none PC General Operating Support 25,000
    Omaha Children's Museum Inc
    500 South 20th Street
    Omaha,NE68102     		none PC General Operating Support 50,000
    Omaha Community Foundation
    302 South 36th Street Suite 100
    Omaha,NE68131     		none PC Program/Project Support 10,000
    Omaha Community Playhouse
    6915 Cass Street
    Omaha,NE68132     		none PC General Operating Support 50,000
    Omaha Conservatory Of Music
    3504 S 108th St
    Omaha,NE68144     		none PC Program/Project Support 50,000
    Omaha Parks Foundation
    1819 Farnam Street Suite 701
    Omaha,NE68138     		none PC Capital Fund/Renovation 55,000
    Omaha Performing Arts Society
    1200 Douglas Street
    Omaha,NE68102     		none PC Capital Fund/Renovation 1,115,000
    Omaha Schools Foundation
    3215 Cuming Street
    Omaha,NE68131     		none PC Capital Fund/Renovation 45,000
    Omaha Symphony Association
    1905 Harney Street Suite 400
    Omaha,NE68102     		none PC Program/Project Support 80,000
    Omaha Zoo Foundation
    3701 South 10th Street
    Omaha,NE68107     		none SO II Capital Fund/Renovation 2,000,000
    Oneworld Community Health Centers Inc
    4920 South 30th Street Suite 103
    Omaha,NE68107     		none PC General Operating Support 125,000
    OperaOmaha Inc
    1850 Farnam Street
    Omaha,NE68102     		none PC General Operating Support 100,000
    Project Harmony
    11949 Q Street
    Omaha,NE68137     		none PC General Operating Support and Program/Project Support 391,000
    Ronald McDonald House Charities In Omaha Inc
    620 S 38th Ave
    Omaha,NE68105     		none PC General Operating Support 50,000
    Scotts Bluff National Monument
    PO Box 27
    Gering,NE69341     		none PC Program/Project Support 25,000
    Stephen Center Inc
    2723 Q Street
    Omaha,NE68107     		none PC Capital Fund/Renovation 100,000
    Stuhr Museum Foundation
    3133 W Hwy 34
    Grand Island,NE68801     		none SO III FI Capital Fund/Renovation 200,000
    TeamMates Mentoring Program
    11850 Nicholas Street Suite 120
    Omaha,NE68154     		none PC General Operating Support 100,000
    The Danish Immigrant Museum
    2212 Washington Street
    Elkhorn,IA51531     		none PC Capital Fund/Renovation 200,000
    The Groundwater Foundation
    3201 Pioneers Blvd Suite 105
    Lincoln,NE68502     		none PC General Operating Support 50,000
    The Nebraska Medical Center
    987400 Nebraska Medical Center
    Omaha,NE68198     		none PC Program/Project Support 25,000
    Together Inc Of Metropolitan Omaha
    812 S 24th Street
    Omaha,NE68108     		none PC General Operating Support 50,000
    United Way Of The Midlands
    1805 Harney Street
    Omaha,NE68102     		none PC General Operating Support and Program/Project Support 565,304
    University Of Nebraska Foundation
    1010 Lincoln Mall Suite 300
    Lincoln,NE68501     		none PC Capital Fund/Renovation and Program/Project Support 8,300,000
    Volunteers Assisting Seniors
    1941 S 42nd St Ste 312
    Omaha,NE68105     		none PC General Operating Support 10,000
    Why Arts Inc
    1030 S 111th Plaza
    Omaha,NE68154     		none PC General Operating Support 20,000
    Willa Cather Foundation
    413 N Webster St
    Red Cloud,NE68970     		none PC Capital Fund/Renovation 40,000
    Womens Center for Advancement
    222 South 29th Street
    Omaha,NE68131     		none PC General Operating Support 50,000
    Youth Care & Beyond Inc
    2819 S 125th Ave Suite 276
    Omaha,NE68144     		none PC General Operating Support 15,000
    Youth Emergency Services Inc
    2679 Farnam St Suite 205
    Omaha,NE68131     		none PC General Operating Support 25,000
    Youth Frontiers Inc
    6009 Excelsior Blvd
    Minneapolis,MN55416     		none PC Program/Project Support 100,000
    Total .................................bullet 3a 34,891,421
    bApproved for future payment
    Big Brothers Big Sisters Of The Midlands
    10831 Old Mill Rd Suite 400
    Omaha,NE68154     		none PC General Operating Support 100,000
    Blue Barn Theatre
    614 South 11th Street
    Omaha,NE68102     		none PC General Operating Support 60,000
    Boys & Girls Clubs Of Lincoln and Lancaster County
    PO Box 22344
    Lincoln,NE68542     		none PC General Operating Support 60,000
    Casa For Douglas County
    2412 St Marys Avenue
    Omaha,NE68105     		none PC General Operating Support 50,000
    Children's Respite Care Center Inc
    5321 S 138th Street
    Omaha,NE68137     		none PC Capital Fund/Renovation 50,000
    Childrens Scholarship Fund Of Omaha
    1111 N 13th Street Suite 101
    Omaha,NE68102     		none PC Program/Project Support 750,000
    College Possible
    900 S 74th Plaza Suite 403
    Omaha,NE68114     		none PC General Operating Support 750,000
    Custer Economic Development Corporation
    PO Box 2
    Broken Bow,NE68822     		none PC Program/Project Support 20,000
    Hennepin Health Foundation
    701 Park Ave LSB-3
    Minneapolis,MN55415     		none SO I Program/Project Support 300,000
    Joslyn Castle Trust Inc
    3902 Davenport Street
    Omaha,NE68131     		none PC General Operating Support 50,000
    Justice For Our Neighbors Nebraska
    2414 E Street
    Omaha,NE68107     		none PC General Operating Support 150,000
    Lemoyne Senior Citizens Center
    720 Hwy 92 W
    Lemoyne,NE69146     		none PC Capital Fund/Renovation 40,000
    Metropolitan Community College Foundation
    PO Box 3777
    Omaha,NE68103     		none PC Capital Fund/Renovation 10,000,000
    Nebraska Children And Families Foundation
    215 Centennial Mall South Suite 20
    Lincoln,NE68508     		none PC Program/Project Support 350,000
    Net Foundation For Television
    1800 N 33rd Street
    Lincoln,NE68503     		none PC Program/Project Support 50,000
    Northeast Community College Foundation
    801 East Benjamin Avenue
    Norfolk,NE68702     		none PC Capital Fund/Renovation 450,000
    Omaha by Design
    6001 Dodge Street
    Omaha,NE68182     		none PC General Operating Support 50,000
    Omaha Children's Museum Inc
    500 South 20th Street
    Omaha,NE68102     		none PC General Operating Support 100,000
    Omaha Conservatory Of Music
    3504 S 108th St
    Omaha,NE68144     		none PC Program/Project Support 100,000
    Omaha Schools Foundation
    3215 Cuming Street
    Omaha,NE68131     		none PC Capital Fund/Renovation 200,000
    Omaha Sports Commission
    1004 Farnam Street Suite 102
    Omaha,NE68102     		none PC Program/Project Support 500,000
    Omaha Symphony Association
    1905 Harney Street Suite 400
    Omaha,NE68102     		none PC General Operating Support 2,500,000
    Omaha Zoo Foundation
    3701 South 10th Street
    Omaha,NE68107     		none SO II Capital Fund/Renovation 8,000,000
    Platte River Basin Environments Inc
    P O Box 2308
    Scottsbluff,NE69363     		none PC Capital Fund/Renovation 500,000
    Project Harmony
    11949 Q Street
    Omaha,NE68137     		none PC Program/Project Support 925,000
    Quality Living Inc
    6404 North 70th Plaza
    Omaha,NE68104     		none PC Capital Fund/Renovation 1,850,000
    The Durham Museum
    801 South 10th Street
    Omaha,NE68108     		none PC Capital Fund/Renovation 615,000
    The Groundwater Foundation
    3201 Pioneers Blvd Suite 105
    Lincoln,NE68502     		none PC General Operating Support 100,000
    The Salvation Army
    10755 Burt Street
    Omaha,NE68114     		none PC Capital Fund/Renovation 2,000,000
    Together Inc Of Metropolitan Omaha
    812 S 24th Street
    Omaha,NE68108     		none PC General Operating Support 100,000
    Wayne State Foundation
    1111 Main Street
    Wayne,NE68787     		none PC Capital Fund/Renovation 500,000
    Young Mens Christian Association (dba Fremont Fami
    810 N Lincoln Ave
    Fremont,NE68025     		none PC Capital Fund/Renovation 2,500,000
    Youth Care & Beyond Inc
    2819 S 125th Ave Suite 276
    Omaha,NE68144     		none PC Capital Fund/Renovation 100,000
    Total .................................bullet 3b 33,870,000
    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 ............     		    14 673  
    4 Dividends and interest from securities....     14 12,118,655  
    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 83,236,787  
    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)..   95,356,115  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1395,356,115
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    ROBERT B DAUGHERTY FOUNDATION
    EIN: 36-3766006
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 38,625 7,725   30,900

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

    TY 2014 DepreciationSchedule
    Name:
    ROBERT B DAUGHERTY FOUNDATION
    EIN: 36-3766006
    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 InvestmentsOtherSchedule2
    Name:
    ROBERT B DAUGHERTY FOUNDATION
    EIN: 36-3766006
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    US EQUITY FUNDS FMV 241,504,099 241,504,099
    INTERNATIONAL FUNDS FMV 111,814,335 111,814,335
    FIXED INCOME FUNDS FMV 112,733,910 112,733,910
    EMERGING MARKET FUNDS FMV 34,374,331 34,374,331
    REAL ASSET FUNDS FMV 61,954,743 61,954,743
    HEDGE FUNDS FMV 152,026,197 152,026,197
    PRIVATE EQUITY FUNDS FMV 5,475,993 5,475,993

    TY 2014 LegalFeesSchedule
    Name:
    ROBERT B DAUGHERTY FOUNDATION
    EIN: 36-3766006
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 34,564 31,108   3,456


    TY 2014 OtherAssetsSchedule
    Name:
    ROBERT B DAUGHERTY FOUNDATION
    EIN: 36-3766006
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    OTHER RECEIVABLE 4,561,949    


    TY 2014 OtherDecreasesSchedule
    Name:
    ROBERT B DAUGHERTY FOUNDATION
    EIN: 36-3766006
    Description Amount
       
       


    TY 2014 OtherExpensesSchedule
    Name:
    ROBERT B DAUGHERTY FOUNDATION
    EIN: 36-3766006
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVERTISING 1,050 210   840
    INSURANCE 31,840 6,368   25,472
    SUPPLIES 10,661 2,132   8,529
    MISCELLANEOUS EXPENSE 24,308 4,861   19,447
    OTHER INVESTMENT EXPENSES 981,936 981,936    


    TY 2014 OtherIncomeSchedule2
    Name:
    ROBERT B DAUGHERTY FOUNDATION
    EIN: 36-3766006
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LOSS ON ASSET DISPOSAL -1,562 -1,562  


    TY 2014 OtherIncreasesSchedule
    Name:
    ROBERT B DAUGHERTY FOUNDATION
    EIN: 36-3766006
    Description Amount
       


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    ROBERT B DAUGHERTY FOUNDATION
    EIN: 36-3766006
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BOOKKEEPING FEES 2,574 515   2,059
    INVESTMENT SERVICE FEES 2,520,732 2,520,732    
    INFORMATION TECHNOLOGY FEES 58,986 11,797   47,189
    ADVISOR FEES 7,240 1,448   5,792


    TY 2014 TaxesSchedule
    Name:
    ROBERT B DAUGHERTY FOUNDATION
    EIN: 36-3766006
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 46,966 9,393   37,573
    FOREIGN TAXES 197,171 197,171    
    EXCISE TAXES 945,000      
    SALES & USE TAX 250 50   200