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
R HOWARD DOBBS JR FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)133 PEACHTREE ST NE No 4950   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ATLANTA, GA30303
A Employer identification number

58-6033186
B Telephone number (see instructions)

(404) 574-2970
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$67,225,905J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 576,635 545,106  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,546,370
b Gross sales price for all assets on line 6a 7,606,256
7 Capital gain net income (from Part IV, line 2)... 2,546,370
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 296,153 296,153  
12 Total. Add lines 1 through 11........ 3,419,158 3,387,629  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 220,627 2,206   218,421
14 Other employee salaries and wages...... 69,000 690   68,310
15 Pension plans, employee benefits....... 97,570 976   96,594
16a Legal fees (attach schedule)......... Click to see attachment 13,694 5,605   8,089
b Accounting fees (attach schedule)....... Click to see attachment 26,494 12,175   14,319
c Other professional fees (attach schedule).... Click to see attachment 350,023 340,564   9,459
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,105 8,105   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 5,241 0  
20 Occupancy.............. 62,728 0   62,728
21 Travel, conferences, and meetings....... 80,451 0   59,946
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 570,995 570,687   282
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,504,928 941,008   538,148
25 Contributions, gifts, grants paid........ 2,177,366 2,177,366
26 Total expenses and disbursements. Add lines 24 and 25 3,682,294 941,008   2,715,514
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -263,136
b Net investment income (if negative, enter -0-) 2,446,621
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 259,394 301,315 301,314
2 Savings and temporary cash investments.......... 4,217,189 2,516,608 2,533,156
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) 789,243 Click to see attachment161,293 154,019
b Investments—corporate stock (attach schedule)........ 16,033,689 Click to see attachment12,835,875 14,551,478
c Investments—corporate bonds (attach schedule)........ 1,413,156 Click to see attachment3,030,477 3,031,394
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 36,812,572 Click to see attachment40,421,190 46,640,617
14 Land, buildings, and equipment: basis bullet66,255
Less: accumulated depreciation (attach schedule) bullet52,328 19,168 Click to see attachment13,927 13,927
15 Other assets (describe bullet) Click to see attachment213,612 Click to see attachment213,612 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 59,758,023 59,494,297 67,225,905
Liabilities 17 Accounts payable and accrued expenses.......... 1,661 1,071
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) Click to see attachment3,284 Click to see attachment3,284
23 Total liabilities (add lines 17 through 22).......... 4,945 4,355
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 12,846,521 12,846,521
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 46,906,557 46,643,421
30 Total net assets or fund balances (see instructions)...... 59,753,078 59,489,942
31 Total liabilities and net assets/fund balances (see instructions).. 59,758,023 59,494,297
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 59,753,078
2 Enter amount from Part I, line 27a..................... 2 -263,136
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 59,489,942
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 59,489,942
Form 990-PF (2014)
Form 990-PF (2014)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a Publicly Traded Securities P    
b Passthrough - capital gains P    
c Passthrough - 1231 gains P    
d Sapere CTA Fund LP- Sec 1256 P    
e Silver Creek - gain on distributions P    
Sapere CTA Fund LP- Sec 1256 P    
SEC Settlement - Dell P    
Capital Gains Dividends P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 3,746,708   5,034,861 -1,288,153
b     25,025 -25,025
c 3,019     3,019
d 1,179,837     1,179,837
e 171,822     171,822
1,769,755     1,769,755
122     122
734,993     734,993
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       -1,288,153
b       -25,025
c       3,019
d       1,179,837
e       171,822
      1,769,755
      122
      734,993
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 2,546,370
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 2,320,070 64,533,535 0.035951
2012 2,419,558 63,809,695 0.037918
2011 2,512,081 65,328,144 0.038453
2010 2,843,097 60,569,608 0.046939
2009 2,536,986 54,595,794 0.046469
2 Total of line 1, column (d) ...................... 2 0.205730
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 0.041146
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 65,388,384
5 Multiply line 4 by line 3....................... 5 2,690,470
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 24,466
7 Add lines 5 and 6......................... 7 2,714,936
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,715,514
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 24,466
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 24,466
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 24,466
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 25,121
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 25,121
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 655
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet655 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletGA
    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 addressbulletwww.dobbsfoundation.org
    14
    The books are in care ofbulletDAVID WEITNAUER Telephone no.bullet (404) 574-2970
    Located atbullet133 PEACHTREE ST NE STE 4950ATLANTAGA ZIP+4bullet30303
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    E CODY LAIRD JR CHAIRMAN & TRUSTEE
    5.00     		0 0 0
    133 Peachtree St Ste 4950
    ATLANTA,GA30303
    NANCY L CROSSWELL SECRETARY & TRUSTEE
    1.00     		0 0 0
    133 Peachtree St Ste 4950
    ATLANTA,GA30303
    DOROTHY L WILLIAMS TRUSTEE
    1.00     		0 0 0
    133 Peachtree St Ste 4950
    ATLANTA,GA30303
    DAVID WEITNAUER PRESIDENT
    40.00     		220,627 24,269 28,287
    133 Peachtree St Ste 4950
    ATLANTA,GA30303
    C MARK CROSSWELL TREASURER & TRUSTEE
    1.00     		0 0 0
    133 Peachtree St Ste 4950
    ATLANTA,GA30303
    NANCY CLAIR L MCINANEY TRUSTEE
    1.00     		0 0 0
    133 Peachtree St Ste 4950
    ATLANTA,GA30303
    WILLIAM CLARKSON IV TRUSTEE
    1.00     		0 0 0
    133 Peachtree St Ste 4950
    ATLANTA,GA30303
    LAIRD M WILLIAMS TRUSTEE
    1.00     		0 0 0
    133 Peachtree St Ste 4950
    ATLANTA,GA30303
    CIANNAT M HOWETT TRUSTEE
    1.00     		0 0 0
    133 Peachtree St Ste 4950
    ATLANTA,GA30303
    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
    Danielle Gray Grants/Office Mgr
    40.00     		69,000 7,590 21,692
    133 Peachtree St Ste 4950
    Atlanta,GA30303
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    62,329,039
    b
    Average of monthly cash balances.......................
    1b
    4,055,107
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    66,384,146
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    66,384,146
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    995,762
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    65,388,384
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,269,419
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    3,269,419
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    24,466
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    24,466
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,244,953
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    100,000
    5
    Add lines 3 and 4............................
    5
    3,344,953
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    3,344,953
    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
    2,715,514
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,715,514
    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
    24,466
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,691,048
    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 3,344,953
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 2,449,761
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 2,715,514
    a Applied to 2013, but not more than line 2a 2,449,761
    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..... 265,753
    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 ...........     		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 ..........     		3,079,200
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		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....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    DAVID WEITNAUER
    133 Peachtree St Ste 4950
    Atlanta,GA30303
    (404) 574-2970
    bThe form in which applications should be submitted and information and materials they should include:
    Step 1: Initial Inquiry. Applicants should submit a letter of inquiry (LOI) in order to determine the eligibility of the request. Typically two pages, the letter should provide the following: - Description of the organization including a statement of mission - Purpose of the funding request - Total cost of the project, the amount requested, and fundraising status - Please attach: - List of donors contributing to the project in question - Copy of the applicant's IRS determination letter Please visit our website for the complete application procedure.
    cAny submission deadlines:
    There are no deadlines associated with Letters of Inquiry.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Priority is given to organizations that serve the metropolitan Atlanta area. Consideration will also be given to proposals that serve other parts of the state of Georgia as well as states in which the Life Insurance Company of Georgia operated. Proposals from beyond the metro Atlanta area, however, will be considered by invitation only. The Foundation provides support for capital campaigns and special projects. The strongest proposals will reflect and serve an organization's mission and address strategic priorities. Please visit our website for additional guidelines and restrictions.
    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
    Agnes Scott College
    141 E College Ave
    Decatur,GA30030     		N/A PC Matching Fund - Operating support 2,000
    American Cancer Society
    250 Williams Street
    Atlanta,GA30303     		N/A PC Matching Gift - Winn-Dixie Hope Lodge 250
    Athens Nurses Clinic
    496 Reese Street
    Athens,GA30601     		N/A PC Dental Equipment Campaign 17,061
    Atlanta Speech School
    3160 Northside Parkway NW
    Atlanta,GA30327     		N/A PC Matching Gift - Operating Support & Lecture Series 6,500
    Bartow Health Access
    31 Pointe North
    Cartersville,GA30120     		N/A PC Recovery of 2013 contribution -100,000
    Bon Secours-St Francis Health System Foundation
    One St Francis Dr
    Greenville,SC29601     		N/A PC Trustee Directed - AYA waiting room, infusion, and support 5,000
    Captain Planet Foundation
    133 Luckie St
    Atlanta,GA30303     		N/A PC K12 science curriculum 75,000
    CAU - College of Veterinary Medicine
    228 Physiology
    Fort Collins,CO80523     		N/A PC Trustee Directed - Withrow Presidential Chair in Oncology. 500
    Cedar Mountain Community Center
    P O Box 152
    Cedar Mountain,NC28718     		N/A PC Trustee Directed - Operating Support 2,500
    Center for the Visually Impaired
    739 W Peachtree St
    Atlanta,GA30308     		N/A PC Microperimeter machine 50,000
    CHRIS Kids
    1017 Fayetteville Rd Ste B
    Atlanta,GA30316     		N/A PC Telemedicine equipment 75,000
    Columbia Theological Seminary
    P O Box 520
    Decatur,GA30031     		N/A PC Matching Gift - Annual Fund 650
    Community Foundation for Greater Atlanta
    50 Hurt Plaza Ste 150
    Atlanta,GA30303     		N/A PC Education Philanthropic Collaborative Fund 5,000
    Community Foundation for Greater Atlanta
    50 Hurt Plaza Ste 150
    Atlanta,GA30303     		N/A PC Donor advised fund 93,655
    Community Foundation for Greater Atlanta
    50 Hurt Plaza Suite 449
    Atlanta,GA30303     		N/A PC Environmental Nonprofit Capacity Research Fund 10,000
    Conway United Soccer Association
    P O Box 2283
    Conway,AR72033     		N/A PC Trustee Directed - Operating Support 12,500
    Cure Alzheimer's Fund
    34 Washington Street Ste 300
    Wellesley Hills,MA02481     		N/A PC Trustee Directed - Alzheimer's Research 5,000
    Davidson College
    P O Box 7174
    Davidson,NC28035     		N/A PC Matching Gift - The Davidson Trust 1,000
    Florida Keys Children's Shelter
    73 High Point Rd
    Tavernier,FL33070     		N/A PC Trustee Directed - Essential Care Fund 2,000
    Florida Keys Wild Bird Rehabilitation Center
    93600 Overseas Hwy
    Tavernier,FL33070     		N/A PC Trustee Directed - Operating Support 5,000
    Foundation Center-Atlanta
    50 Hurt Plaza Ste 150
    Atlanta,GA30303     		N/A PC General Operating Support/Technology Upgrade 25,000
    Franklin County Education Corp
    P O Box 605
    Meadville,MS39653     		N/A PC In Memoriam - Scholarship Fund 2,500
    Georgia Appleseed
    1100 Peachtree St Ste 2800
    Atlanta,GA30309     		N/A PC PBIS Advocacy in Bibb Co Schools 88,000
    Georgia Budget & Policy Institute
    100 Edgewood Ave Suite 950
    Atlanta,GA30303     		N/A PC Education Policy Analyst staff position support 50,000
    Georgia Center for Child Advocacy
    1485 Woodland Avenue
    Atlanta,GA30316     		N/A PC Strategic Planning 47,400
    Georgia Council on Economic Education
    PO Box 1619
    Atlanta,GA30301     		N/A PC Economics Teacher Training 25,000
    Georgia Department of Natural Resources
    2 MLK Jr Dr SE Ste 1454 East
    Atlanta,GA30334     		N/A PC Wildlife Conservation Fund 1,000
    Georgia Department of Natural Resources
    2 MLK Jr Dr SE Ste 1454 East
    Atlanta,GA30334     		N/A GOV Land acquisition - Noblin tract 50,000
    Georgia River Network Inc
    126 South Milledge Avenue
    Athens,GA30605     		N/A PC Operating Support 25,000
    Georgia Shakespeare
    4484 Peachtree Rd NE
    Atlanta,GA30319     		N/A PC Portable lighting and audio equipment 40,000
    Good Samaritan
    1605 Roberta Dr SW
    Marietta,GA30008     		N/A PC Property Acquisition 125,000
    Holy Innocents' Episcopal School
    805 Mount Vernon Highway NW
    Atlanta,GA30327     		N/A PC Matching Gifts - Parents Association 10,000
    Jef Jel Project
    813 W Ponce de Leon Ave
    Decatur,GA30030     		N/A PC Matching Gift - Operating Support 1,000
    KIPP Metro Atlanta Collaborative
    98 Anderson Ave NW
    Atlanta,GA30314     		N/A PC Teacher Fellows Program 100,000
    LifeCycle Building Center
    P O Box 7661
    Atlanta,GA30357     		N/A PC Matching Gift - Landfill Diversion 250
    Longleaf Alliance
    12130 Dixon Center Rd
    Andalusia,AL36420     		N/A PC Longleaf Academies 50,000
    Longleaf Alliance
    12130 Dixon Center Rd
    Andalusia,AL36420     		N/A PC Longleaf Implementation Team Coordinator 100,000
    Marcus Autism Center
    1687 Tullie Circle
    Atlanta,GA30329     		N/A PC Educational Outreach Program 150,000
    Marist School
    3790 Ashford Dunwoody Rd
    Atlanta,GA30319     		N/A PC Trustee Directed - Capital Campaign 5,000
    Mountain Conservation Trust of Ga
    104 N Main Street Ste B3
    Jasper,GA30143     		N/A PC Trustee Directed - Annual Fund 5,000
    National Infantry Foundation Inc
    1775 Legacy Way Ste 220
    Columbus,GA31903     		N/A PC Trustee Directed - Capital Campaign 5,000
    Ocean Reef Community Foundation
    200 Anchor Dr Ste B
    Key Largo,FL33037     		N/A PC Trustee Directed - Coservation Efforts 5,000
    Ocean Reef Conservation Assoc
    31 Ocean Reef Dr Ste A 100
    Key Largo,FL33037     		N/A PC Trustee Directed - Conservation efforts 5,000
    One Hundred Miles
    PO Box 2056
    Brunswick,GA31521     		N/A PC Matching Gift - Operating Support 250
    One Hundred Miles
    PO Box 2056
    Brunswick,GA31521     		N/A PC Start-Up Support 100,000
    Ossabaw Island Foundation Inc
    305 Fahm St
    Savannah,GA31401     		N/A PC Environmental history symposium 5,000
    Our House Inc
    711 S Columbia Dr
    Decatur,GA30030     		N/A PC Genesis Shelter Merger 75,000
    Prevent Blindness Georgia
    739 W Peachtree St
    Atlanta,GA30308     		N/A PC Glaucoma Project: Southwest Atlanta 35,000
    Salvation Army
    P O Box 930189
    Norcross,GA30003     		N/A PC Trustee Directed - Annual Fund 5,000
    Sandy Springs Mission
    850 Mt Vernon Hwy
    Sandy Springs,GA30327     		N/A PC Trustee Directed - Avatar project 5,000
    Skyland Trail
    1903 North Druid Hills Road
    Atlanta,GA30319     		N/A PC Matching Grant - Capital Fund Drive 100,000
    Sophia Academy
    2880 Dresden Dr
    Chamblee,GA30341     		N/A PC Trustee Directed - Annual Fund 5,000
    St Jude's Recovery Center Inc
    139 Renaissance Pkwy NE
    Atlanta,GA30308     		N/A PC Lives in the Balance - capital campaign 75,000
    St Simons Land Trust
    P O Box 24615
    St Simons,GA31522     		N/A PC Cannon's Point 75,000
    Sustainable Atlanta
    191 Peachtree St NE Ste 3300
    Atlanta,GA30303     		N/A PC Matching Gift - Annual Fund 500
    Synchronicity Performance Group
    1545 Peachtree St NE
    Atlanta,GA30309     		N/A PC Theater Equipment 40,000
    Teach for America
    10 Peachtree Place
    Atlanta,GA30309     		N/A PC Operating Support 50,000
    Tellus Museum
    P O Box 3070
    Cartersville,GA30120     		N/A PC Capital Campaign for temporary exhibitions and galleries 75,000
    Teton Science Schools
    P O Box 68
    Kelly,WY83011     		N/A PC Trustee Directed - Afterschool program 2,500
    The Georgia Conservancy
    817 W Peachtree St Suite 200
    Atlanta,GA30308     		N/A PC Land Conservation Initiative 75,000
    The Georgia Conservancy
    817 W Peachtree St Suite 200
    Atlanta,GA30308     		N/A PC Trustee Directed - Operating Support 5,000
    The Institute for Georgia Environmental Leadership
    P O Box 363
    Camilla,GA31730     		N/A PC Matching Gift - Capacity Building 100
    The McCallie School
    500 Dodds Ave
    Chattanooga,TN37404     		N/A PC Annual Sustaining Fund - new science building 50,000
    The Nature Conservancy
    100 Peachtree St Ste 2250
    Atlanta,GA30303     		N/A PC Trustee Directed - Operating Support 5,000
    UGA - College of Veterinary Medicine
    501 D W Brooks Drive
    Athens,GA30602     		N/A PC Trustee Directed - Hospital Fund 20,000
    Westminster Center for Teaching
    1424 W Paces Ferry Rd NW
    Atlanta,GA30327     		N/A PC K12 Design challenge, Phase II 100,000
    Westminster Schools
    1424 W Paces Ferry Rd NW
    Atlanta,GA30327     		N/A PC Operating Support - Lucile and Bill Clarkson Fund 50,000
    Winnebago County Special Education Cooporative
    11971 Wagon Wheel Rd
    Rockton,IL61072     		N/A PC Matching Gift - General fund 250
    Woodruff Arts Center
    1280 Peachtree Street
    Atlanta,GA30309     		N/A PC School Assemblies 40,000
    Total .................................bullet 3a 2,177,366
    bApproved for future payment
    Athens Nurses Clinic
    496 Reese Street
    Athens,GA30601     		N/A PC Dental Equipment Campaign 37,939
    Community Foundation for Greater Atlanta
    50 Hurt Plaza Ste 150
    Atlanta,GA30303     		N/A PC Donor advised fund 86,155
    Georgia Budget & Policy Institute
    100 Edgewood Ave Suite 950
    Atlanta,GA30303     		N/A PC Education Policy Analyst staff position support 50,000
    Georgia Center for Child Advocacy
    1485 Woodland Avenue
    Atlanta,GA30316     		N/A PC Metro Atlanta Regional Coordinator Grant 43,600
    Georgia Council on Economic Education
    PO Box 1619
    Atlanta,GA30301     		N/A PC Economics Teacher Training 25,000
    Georgia River Network Inc
    126 South Milledge Avenue
    Athens,GA30605     		N/A PC Operating Support 50,000
    Good Samaritan
    1605 Roberta Dr SW
    Marietta,GA30008     		N/A PC Property Acquisition 125,000
    Longleaf Alliance
    12130 Dixon Center Rd
    Andalusia,AL36420     		N/A PC Longleaf Academies 50,000
    Longleaf Alliance
    12130 Dixon Center Rd
    Andalusia,AL36420     		N/A PC Longleaf Implementation Team Coordinator 50,000
    One Hundred Miles
    PO Box 2056
    Brunswick,GA31521     		N/A PC Start-Up Support 200,000
    Prevent Blindness Georgia
    739 W Peachtree St
    Atlanta,GA30308     		N/A PC Glaucoma Project: Southwest Atlanta 45,000
    Teach for America
    10 Peachtree Place
    Atlanta,GA30309     		N/A PC General Operating Support 50,000
    The McCallie School
    500 Dodds Ave
    Chattanooga,TN37404     		N/A PC Annual Sustaining Fund - new science building 50,000
    Total .................................bullet 3b 862,694
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		         
    4 Dividends and interest from securities....     14 576,635  
    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..... 900099   14 296,153  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 2,546,370  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 3,419,158 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    133,419,158
    (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:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    THE JACKSON GROUP - 990-PF PREP 7,750 3,875   3,875
    MOORE STEPHENS - PAYROLL & BOOKKEEPING 1,692 17   1,675
    MOORE STEPHENS - AUDIT 16,557 8,278   8,279
    THE JACKSON GROUP - FORM 5500 495 5   490

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

    TY 2014 DepreciationSchedule
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    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
    LEASEHOLD IMPROVEMENTS 2005-09-01 5,653 1,208 SL 39.000000000000 145 0    
    TELEPHONE SYSTEM 2005-05-01 2,457 2,457 SL 7.000000000000 0 0    
    DESK & CREDENZA - CODY 2005-07-01 4,500 4,500 SL 7.000000000000 0 0    
    SIDE CHAIRS 2005-05-11 313 313 SL 7.000000000000 0 0    
    WEBSITE DESIGN 2005-12-02 2,072 2,072 SL 3.000000000000 0 0    
    MICROEDGE SOFTWARE 2005-12-07 11,074 11,074 SL 3.000000000000 0 0    
    MICROEDGE SOFTWARE 2006-10-19 1,795 1,795 SL 3.000000000000 0 0    
    FURNITURE - RHD (kitch, table, conf) 2008-01-01 900 774 SL 7.000000000000 126 0    
    TELEPHONE SYSTEM - RHD PARTNERS 2008-01-01 708 708 SL 5.000000000000 0 0    
    DISHWASHER - RHD PARTNERS 2008-01-01 136 114 SL 7.000000000000 19 0    
    TELEPHONE SYSTEM - WIRING - RHD PARTNERS 2008-01-01 225 225 SL 5.000000000000 0 0    
    TELEPHONE SYSTEM - DANIELLE 2008-02-21 385 385 SL 5.000000000000 0 0    
    OFFICE FURNITURE - DANIELLE 2008-02-21 11,212 9,345 SL 7.000000000000 1,602 0    
    Office for Mac software 2009-07-16 415 415 SL 3.000000000000 0 0    
    LAPTOP ACCESSORIES 2009-07-16 1,040 919 SL 5.000000000000 121 0    
    MACBOOK PRO LAPTOP 2009-07-16 1,986 1,754 SL 5.000000000000 232 0    
    SAFE 2009-09-17 459 280 SL 7.000000000000 66 0    
    RECEPTION CONSOLE TABLE 2009-10-01 756 459 SL 7.000000000000 108 0    
    DESK FOR DW 2009-11-22 2,448 1,429 SL 7.000000000000 350 0    
    DELL SERVER 2010-01-31 3,226 2,526 SL 5.000000000000 645 0    
    OFFICE CONSOLE TABLE 2010-05-27 259 133 SL 7.000000000000 37 0    
    PROJECTOR SCREEN 2011-04-20 374 142 SL 7.000000000000 53 0    
    MICROPHONES 2011-10-24 261 80 SL 7.000000000000 37 0    
    CONFERENCE SPEAKER PHONE 2011-10-24 426 132 SL 7.000000000000 61 0    
    QUICKBOOKS 2011 2011-02-21 270 255 SL 3.000000000000 15 0    
    Computer - Danielle 2008-01-18 2,041 2,041 SL 5.000000000000 0 0    
    RECEPTION SOFA 2012-07-31 2,371 480 SL 7.000000000000 339 0    
    RECEPTION CHAIRS (2) 2012-07-31 2,536 513 SL 7.000000000000 362 0    
    MEETING TABLE & CHAIRS 2013-04-15 2,285 245 SL 7.000000000000 326 0    
    COMPUTER - DANIELLE 2013-12-16 1,272   SL 5.000000000000 254 0    
    4 CANVASES - LONGLEAF ARTWORK 2013-02-11 2,400 314 SL 7.000000000000 343 0    

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ISHARES CORE TOTAL ETF 406,084 407,444
    ISHARES TR BARCLAYS BONDS 2,624,393 2,623,950

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Name of Stock End of Year Book Value End of Year Fair Market Value
    FIRST EAGLE GOLD FUND 0 0
    GMO US QUALITY EQUITY FUND 3,796,875 3,530,210
    SAPERE CREDIT OPP OFFSHORE QUAL LTD 9,039,000 11,021,268
    WESTN ASSET CLAYMORE FD 0 0
    HUSSMAN STRATEGIC GROWTH 0 0
    WESTERN ASSET CLAYMORE 0 0

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

    0
    State & Local Government Securities - End of Year Book Value:


    161,293
    State & Local Government Securities - End of Year Fair Market Value:


    154,019


    TY 2014 InvestmentsOtherSchedule2
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ICONIC THERAPEUTICS AT COST 300,000 300,000
    POINTER OFFSHORE LTD AT COST 13,958,575 20,257,352
    SILVER CREEK LOW VOL STRAT II LTD AT COST 646,389 612,871
    SAPERE CTA FUND LP AT COST 10,764,534 10,536,639
    FWF GLOBAL OPPTY PTNRS I LP AT COST 7,449,738 8,053,124
    FWF REAL RETURN PTNRS AT COST 3,511,954 3,438,882
    TOCQUEVILLE GOLD FD AT COST 3,790,000 3,024,771
    SILVER CREEK LOW VOL STRAT I AT COST 0 416,978

    TY 2014 LandEtcSchedule2
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LEASEHOLD IMPROVEMENTS 5,653 1,353 4,300  
    TELEPHONE SYSTEM 2,457 2,457 0  
    DESK & CREDENZA - CODY 4,500 4,500 0  
    SIDE CHAIRS 313 313 0  
    WEBSITE DESIGN 2,072 2,072 0  
    MICROEDGE SOFTWARE 11,074 11,074 0  
    MICROEDGE SOFTWARE 1,795 1,795 0  
    FURNITURE - RHD (kitch, table, conf) 900 900 0  
    TELEPHONE SYSTEM - RHD PARTNERS 708 708 0  
    DISHWASHER - RHD PARTNERS 136 133 3  
    TELEPHONE SYSTEM - WIRING - RHD PARTNERS 225 225 0  
    TELEPHONE SYSTEM - DANIELLE 385 385 0  
    OFFICE FURNITURE - DANIELLE 11,212 10,947 265  
    Office for Mac software 415 415 0  
    LAPTOP ACCESSORIES 1,040 1,040 0  
    MACBOOK PRO LAPTOP 1,986 1,986 0  
    SAFE 459 346 113  
    RECEPTION CONSOLE TABLE 756 567 189  
    DESK FOR DW 2,448 1,779 669  
    DELL SERVER 3,226 3,171 55  
    OFFICE CONSOLE TABLE 259 170 89  
    PROJECTOR SCREEN 374 195 179  
    MICROPHONES 261 117 144  
    CONFERENCE SPEAKER PHONE 426 193 233  
    QUICKBOOKS 2011 270 270 0  
    Computer - Danielle 2,041 2,041 0  
    RECEPTION SOFA 2,371 819 1,552  
    RECEPTION CHAIRS (2) 2,536 875 1,661  
    MEETING TABLE & CHAIRS 2,285 571 1,714  
    COMPUTER - DANIELLE 1,272 254 1,018  
    4 CANVASES - LONGLEAF ARTWORK 2,400 657 1,743  


    TY 2014 LegalFeesSchedule
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ALSTON & BIRD - GENERAL CORP COUNSELING 11,210 5,605   5,605
    THE JACKSON GROUP - BUDGET 2,484 0   2,484


    TY 2014 OtherAssetsSchedule
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    UNREALIZED APPRECIATION ON ASSETS 213,612 213,612  


    TY 2014 OtherExpensesSchedule
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CORP REGISTRATION EXPENSE 282 0   282
    PORTFOLIO EXPENSES - PASSTHROUGHS 570,687 570,687   0
    PORTFOLIO EXPENSES (N/T) - PASSTHROUGHS 26 0   0


    TY 2014 OtherIncomeSchedule2
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BUSINESS INCOME - PASSTHROUGHS 1,777 1,777 1,777
    BUSINESS INCOME - PASSTHROUGHS 0 0 0
    ROYALTY INCOME - PASSTHROUGHS 218 218 218
    OTHER INCOME - PASSTHROUGHS 294,158 294,158 294,158


    TY 2014 OtherLiabilitiesSchedule
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Description Beginning of Year - Book Value End of Year - Book Value
    SUBLEASE DEPOSIT 3,284 3,284


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GENSPRING - SILVER CREEK MGMT FEES 1,398 1,398   0
    ZCONNECT 66 0   66
    INVESTMENT MGMT FEES - SAPERE 263,995 263,995   0
    INVESTMENT MGMT FEES - FWF 73,370 73,370   0
    INTUIT 72 1   71
    NEBO AGENCY - WEBSITE 7,219 0   7,219
    SOUTHEASTERN COMPUTER ASSOCIATES 2,103 0   2,103
    FIDUCIARYVEST 1,800 1,800   0


    TY 2014 TaxesSchedule
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES (K-1) 8,105 8,105   0