TY 2013 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

Do not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bullet

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

OMB No. 1545-0052

2013

Open to Public Inspection

For calendar year 2013, or tax year beginning 11-01-2013 , and ending 10-31-2014

Name of foundation
J ROGERS BADGETT SR FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)1822 N MAIN ST Room/suite

City or town, state or province, country, and ZIP or foreign postal code
MADISONVILLE, KY42431

A Employer identification number

31-1755149

B Telephone number (see instructions)

(270) 821-0408

C If exemption application is pending, check here bullet

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

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

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

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

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

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

$26,048,847J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments	7		7
4	Dividends and interest from securities......	371,221		371,221
5a	Gross rents..............	3,578,122		3,578,122
b	Net rental income or (loss) 540,853
6a	Net gain or (loss) from sale of assets not on line 10		352,487
b	Gross sales price for all assets on line 6a 4,194,842
7	Capital gain net income (from Part IV, line 2)...			352,487
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).......		34,089	34,089
12	Total. Add lines 1 through 11........	4,335,926		4,335,926
13	Compensation of officers, directors, trustees, etc.	72,000		36,000	36,000
14	Other employee salaries and wages......	331,325		330,000	1,325
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		1,728	1,728	0
b	Accounting fees (attach schedule).......		8,397	4,199	4,198
c	Other professional fees (attach schedule)....		66,433	66,433	0
17	Interest...............	237,578		237,578	0
18	Taxes (attach schedule) (see instructions)		386,668	276,233	0
19	Depreciation (attach schedule) and depletion...		645,480	645,480
20	Occupancy..............	10,274		5,137	5,137
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		1,511,900	1,509,312	2,588
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	3,271,783		3,112,100	49,248
25	Contributions, gifts, grants paid........	376,535			376,535
26	Total expenses and disbursements. Add lines 24 and 25	3,648,318		3,112,100	425,783
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	687,608
b	Net investment income (if negative, enter -0-)			1,223,826
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2013)

Form 990-PF (2013)

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
Part II		Balance Sheets		(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............		99,913	69,353	69,353
	2	Savings and temporary cash investments..........		320,261	668,897	668,897
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........		4,720	4,720	4,720
	10a	Investments—U.S. and state government obligations (attach schedule)		754,402	603,420	634,429
	b	Investments—corporate stock (attach schedule)........		5,317,726	5,334,992	5,623,551
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis 26,403,298
		Less: accumulated depreciation (attach schedule) 4,266,277		21,838,576	22,137,021	18,561,842
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........		480,414	486,055	486,055
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)		28,816,012	29,304,458	26,048,847
		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)......		6,078,259	5,868,959
22		Other liabilities (describe )
23		Total liabilities (add lines 17 through 22)..........		6,078,259	5,868,959
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........		0	0
	28	Paid-in or capital surplus, or land, bldg., and equipment fund		0	0
	29	Retained earnings, accumulated income, endowment, or other funds		22,737,753	23,435,499
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................		22,737,753	23,435,499
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................		28,816,012	29,304,458

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	22,737,753
2	Enter amount from Part I, line 27a.....................	2	687,608
3	Other increases not included in line 2 (itemize)	3	10,138
4	Add lines 1, 2, and 3..........................	4	23,435,499
5	Decreases not included in line 2 (itemize)	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	23,435,499

Form 990-PF (2013)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	PUBLICLY TRADED SECURITIES
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	4,194,842	3,842,355	352,487
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			352,487
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	352,487
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . . . .		3

Part V

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

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

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

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

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

1 Enter the appropriate amount in each column for each year; see page 18 of the 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))
2012	440,386	20,141,326	0.021865
2011	1,461,877	14,319,268	0.102092
2010	418,611	13,208,592	0.031692
2009	276,068	6,839,940	0.040361
2008	191,250	2,251,044	0.084961

2	Total of line 1, column (d) ......................	2	0.280971
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	0.056194
4	Enter the net value of noncharitable-use assets for 2013 from Part X, line 5.....	4	20,018,973
5	Multiply line 4 by line 3.......................	5	1,124,946
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	12,238
7	Add lines 5 and 6.........................	7	1,137,184
8	Enter qualifying distributions from Part XII, line 4..............	8	425,783
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 (2013)

Page 4

Part VI

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

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	24,477
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2............................	3	24,477
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	24,477
6	Credits/Payments:

a	2013 estimated tax payments and 2012 overpayment credited to 2013	6a	4,640
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	4,640
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	411
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	20,248
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2014 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

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

Yes

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

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of

the instructions for definition)?............................

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

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

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

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

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

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

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

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

Yes

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

Yes

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

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

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

By language in the governing instrument, or

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

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

Yes

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

Yes

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

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

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

Yes

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

or 4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?

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

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

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

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

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

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

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

Yes

Website address bullet

N/A

The books are in care of bullet

BENTLEY F BADGETT II Telephone no. bullet

(270) 821-0408

Located at bullet

1822 N MAIN ST BLDG AMADISONVILLEKY ZIP+4 bullet

42431

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

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

16 At any time during calendar year 2013, 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 Form TD F 90-22.1. If "Yes", enter the name of the

foreign country bullet

Form 990-PF (2013)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...

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

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

that were not corrected before the first day of the tax year beginning in 2013?.............

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

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

At the end of tax year 2013, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2013?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2013 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 2013.)....................

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

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

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2013?

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

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

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

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

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

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

in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........YesNo

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2013)

Page 6

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
BENTLEY F BADGETT II	PRESIDENT/DIRECTOR 25.00	72,000	0	0
PO BOX 790 MADISONVILLE,KY42431	PRESIDENT/DIRECTOR 25.00	72,000	0	0
THOMAS J EDWARDS	VICE PRESIDENT/DIRECTOR 0.30	0	0	0
2632 COUNTRY CLUB DRIVE MADISONVILLE,KY42431	VICE PRESIDENT/DIRECTOR 0.30	0	0	0
MARY RHEAETTA ASHBY	DIRECTOR 0.10	0	0	0
187 MORGAN LANE HOPKINSVILLE,KY42240	DIRECTOR 0.10	0	0	0
CLAUDE R BADGETT	SEC/TREAS/DIRECTOR 0.10	0	0	0
250 PIN OAK LANE MADISONVILLE,KY42431	SEC/TREAS/DIRECTOR 0.10	0	0	0

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









Total number of other employees paid over $50,000...................				0

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1	NOT APPLICABLE	0
2


3


4

Form 990-PF (2013)

Page 7

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	NOT APPLICABLE	0
2


All other program-related investments. See page 24 of the instructions.
3

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

Part X

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

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

purposes:

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

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

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

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

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

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

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

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

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

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

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

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

Part XI

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

and do not complete this part.)

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

1,000,949

Tax on investment income for 2013 from Part VI, line 5......

24,477

Income tax for 2013. (This does not include the tax from Part VI.)...

107,772

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

132,249

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

868,700

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

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

868,700

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

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

line 1................................

868,700

Part XII

Qualifying Distributions (see instructions)

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

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

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see instructions).................

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

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 (2013)

Page 8

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2012	(c) 2012	(d) 2013
1 Distributable amount for 2013 from Part XI, line 7					868,700
2 Undistributed income, if any, as of the end of 2013:
a Enter amount for 2012 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2013:
a From 2008.......
b From 2009.......
c From 2010.......
d From 2011.......	229,007
e From 2012.......
fTotal of lines 3a through e.........		229,007
4Qualifying distributions for 2013 from Part
XII, line 4: $ 425,783
a Applied to 2012, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions)......			0
c Treated as distributions out of corpus (Election required—see instructions).........		0
d Applied to 2013 distributable amount.....					425,783
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2013.		229,007			229,007
(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 2012. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2013. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2014 ..........					213,910
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see instructions) .............		0
8Excess distributions carryover from 2008 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2014. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2009....
b Excess from 2010....
c Excess from 2011....
d Excess from 2012....
e Excess from 2013....

Form 990-PF (2013)

Page 9

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 2013, enter the date of the ruling....... bullet

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

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2013	(b) 2012	(c) 2011	(d) 2010	(e) Total

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

Part XV

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

1Information Regarding Foundation Managers:

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

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

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

Check here bullet

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

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

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

cAny submission deadlines:

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

Form 990-PF (2013)

Page 10

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
BOY SCOUTS OF AMERICA PO BOX 487 OWENSBORO,KY42302	NONE	PUBLIC CHARITY	TO BE USED IN EXEMPT PURPOSE	15,000
COLORADO SCHOOL OF MINES FOUNDATION INC 1232 W CAMPUS ROAD 4 GOLDEN,CO80401	NONE	PUBLIC CHARITY	TO BE USED IN EXEMPT PURPOSE	25,000
MADISONVILLE COMMUNITY COLLEGE 2000 COLLEGE DRIVE MADISONVILLE,KY42431	NONE	PUBLIC CHARITY	TO BE USED IN EXEMPT PURPOSE	50,000
MSU FOUNDATION 150 UNIVERSITY BLVD MOREHEAD,KY40351	NONE	PUBLIC CHARITY	TO BE USED IN EXEMPT PURPOSE	125,000
OPERATION OPEN ARMS 1400 ENVOY CIRCLE LOUISVILLE,KY40299	NONE	PUBLIC CHARITY	TO BE USED IN EXEMPT PURPOSE	5,000
WKU COLLEGE HEIGHTS FOUNDATION 1906 COLLEGE HEIGHTS BLVD BOWLING GREEN,KY42101	NONE	PUBLIC CHARITY	TO BE USED IN EXEMPT PURPOSE	86,493
CHRISTIAN FOOD BANK 114 NORTH FRANKLIN STREET MADISONVILLE,KY42431	NONE	PUBLIC CHARITY	TO BE USED IN EXEMPT PURPOSE	2,500
KENTUCKY WESLEYAN COLLEGE 3000 FREDERICA STREET OWENSBORO,KY42301	NONE	PUBLIC CHARITY	TO BE USED IN EXEMPT PURPOSE	16,000
KY UNITED METHODIST HOMES FOR CHILDREN & YOUTH 201 PHILLIPS COURT OWENSBORO,KY42303	NONE	PUBLIC CHARITY	TO BE USED IN EXEMPT PURPOSE	2,500
OCTC FOUNDATION 4800 NEW HARTFORD ROAD OWENSBORO,KY42303	NONE	PUBLIC CHARITY	TO BE USED IN EXEMPT PURPOSE	33,992
SALVATION ARMY 805 MCCOY AVENUE MADISONVILLE,KY42431	NONE	PUBLIC CHARITY	TO BE USED IN EXEMPT PURPOSE	5,000
UNIVERSITY OF LOUISVILLE FOUNDATION SOUTH 3RD STREET LOUISVILLE,KY40208	NONE	PUBLIC CHARITY	TO BE USED IN EXEMPT PURPOSE	5,000
WESTERN KENTUCKY TEEN CHALLENGE 231 KENTUCKY 2839 DIXON,KY42409	NONE	PUBLIC CHARITY	TO BE USED IN EXEMPT PURPOSE	5,000
WKU FOUNDATION 292 ALUMNI AVENUE SUITE 305 BOWLING GREEN,KY42101	NONE	PUBLIC CHARITY	TO BE USED IN EXEMPT PURPOSE	50
Total ................................. 3a				376,535

bApproved for future payment

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

Form 990-PF (2013)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ............			14	7
4 Dividends and interest from securities....			14	371,221
5 Net rental income or (loss) from real estate:
aDebt-financed property......	531120	532,553	16	8,300
bNot debt-financed property.....
6 Net rental income or (loss) from personal property .............
7 Other investment income.....	900001	31,963	14	2,126
8 Gain or (loss) from sales of assets other than inventory .............			14	352,487
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)..		564,516		734,141	0

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

131,298,657

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2013)

Page 12

Part XVII

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

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

Yes

organizations?

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2013)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2013 AccountingFeesSchedule

Name:

J ROGERS BADGETT SR FOUNDATION INC

EIN: 31-1755149

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	8,397	4,199		4,198

- TIN:

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

TY 2013 DepreciationSchedule

Name:

J ROGERS BADGETT SR FOUNDATION INC

EIN: 31-1755149

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
LAND	2009-12-03	1,600,000		L		0	0
PARKING & SIDEWALKS	2009-12-03	400,000	104,445	SL	15.000000000000	26,667	26,667
BUILDING	2009-12-03	9,793,798	983,565	SL	39.000000000000	251,123	251,123
BUILDING IMPROVEMENTS	2009-12-03	62,530	6,279	SL	39.000000000000	1,603	1,603
HVAC	2011-10-11	22,700	1,213	SL	39.000000000000	582	582
BUILDING IMPROVEMENTS	2011-06-30	28,400	1,699	SL	39.000000000000	728	728
IMPROVEMENTS- NEW AUTO DOOR	2008-12-03	14,216	1,992	SL	39.000000000000	365	365
LEASEHOLD IMPROVEMENTS	2008-08-15	17,333	3,179	SL	15.000000000000	578	1,156
ELEVATOR- UPDATE CARS AND ELECTRONICS	2008-07-30	60,619	9,130	SL	39.000000000000	1,554	1,554
PARKING LOT	2008-01-01	71,640	28,656	SL	15.000000000000	4,776	4,776
BUILDING & COMPONENTS	2009-12-31	237,601	27,160	SL	39.000000000000	6,092	6,092
CARPET & DRAPES	2009-12-31	30,074	13,478	200DB	5.000000000000	1,039	6,015
TENANT IMPROVEMENTS	2009-12-31	24,111	3,618	SL	15.000000000000	804	1,607
BUILDING & COMPONENTS	2010-06-15	17,636	1,789	SL	39.000000000000	452	452
SLAP OUT PROPERTY (REAL ESTATE)	2011-04-18	150,000		L		0	0
PARKING DECK	2010-06-15	24,500	2,860	SL	15.000000000000	817	1,633
TENANT IMPROVEMENTS	2010-06-15	227,480	23,089	SL	39.000000000000	5,833	5,833
REPLACE RTU (CLIMATEC LLC)	2012-06-15	17,989	634	SL	39.000000000000	461	461
SEAL EXTERIOR OF BUILDING (ADVANCED SEALANTS LLC)	2012-06-20	6,275	221	SL	39.000000000000	161	161
HOLLAND ROOFING 8/12 REPLACEMENT	2012-08-31	79,458	2,461	SL	39.000000000000	2,037	2,037
ADVANCE SEALANT WATERPROOF	2012-09-30	18,825	543	SL	39.000000000000	483	483
ADVANCE SEALANT WATERPROOF	2012-10-25	18,825	503	SL	39.000000000000	483	483
REPLACE WATER HEATER (GALLAHUE PLUMBING)	2012-08-06	4,390	1,366	200DB	7.000000000000	864	627
BUILDING & COMPONENTS	2012-12-31	342,210	11,700	SL	39.000000000000	8,775	8,775
CARPET & DRAPES	2012-12-31	5,594	1,119	200DB	5.000000000000	671	1,119
FURNITURE & FIXTURES	2012-12-31	160	23	200DB	7.000000000000	16	23
TENANT IMPROVEMENTS	2012-12-31	303,504	10,376	SL	39.000000000000	7,782	7,782
ADVANCE PARMERICA ENVELOPE SEALANTS	2012-11-25	9,413	221	SL	39.000000000000	241	241
ADVANCE PARMERICA ENVELOPE SEALANTS	2012-12-25	9,413	201	SL	39.000000000000	241	241
CONSTRUCTION MGMT FEE	2013-01-23	7,111	137	SL	39.000000000000	182	182
HVAC REPLACEMENT	2013-01-30	4,206	81	SL	39.000000000000	108	108
RESURFACE PARKING LOT	2013-04-12	184,585	7,178	SL	15.000000000000	12,306	12,306
CONSTRUCTION MGMT FEE	2013-04-25	9,229	118	SL	39.000000000000	237	237
OFFICE BUILDING	2005-06-06	9,750,000	2,250,000	SL	39.000000000000	250,000	250,000
ELEVATOR	2007-01-01	352,833	66,722	SL	39.000000000000	9,047	9,047
CARPET	2007-01-01	10,659	10,659	200DB	5.000000000000	0	0
FURNITURE & FIXTURES	2007-01-01	8,403	8,278	200DB	7.000000000000	125	125
IMPROVEMENTS	2007-01-01	94,392	17,848	SL	39.000000000000	2,420	2,420
CARPET & DRAPES	2010-06-15	1,905	788	200DB	5.000000000000	109	381
BUILDING & COMPONENTS	2011-12-31	194,861	12,282	SL	39.000000000000	4,996	4,996
PARKING DECK	2011-12-31	5,998		SL	15.000000000000	0	400
TENANT IMPROVEMENTS	2011-12-31	45,287	2,854	SL	39.000000000000	1,161	1,161
TENANT IMPROVEMENTS	2013-10-31	1,249,594		SL	39.000000000000	32,041	32,041
HVAC SVS (CLIMATEC, LLC)	2014-05-25	3,947		SL	39.000000000000	42	42
CARPET & DRAPES	2013-11-13	1,093		200DB	5.000000000000	738	219
TENANT IMPROVEMENTS	2014-10-08	805,681		SL	39.000000000000	1,722	1,722
FURNITURE & FIXTURES	2014-08-22	5,940		200DB	7.000000000000	212	141
FURNITURE & FIXTURES	2014-09-17	4,796		200DB	7.000000000000	171	57
FURNITURE & FIXTURES	2014-10-08	553		200DB	7.000000000000	20	7
BUILDING & COMPONENTS	2013-12-13	4,578		SL	39.000000000000	103	103
CARPETS & DRAPES	2014-01-15	1,973		200DB	5.000000000000	691	329
CARPET & DRAPES	2014-02-17	4,025		200DB	5.000000000000	1,006	537
BUILDING & COMPONENTS	2014-03-05	22,461		SL	39.000000000000	360	360
ELEVATOR	2014-03-05	34,282		SL	39.000000000000	549	549
BUILDING & COMPONENTS	2014-04-01	28,009		SL	39.000000000000	389	389
BUILDING & COMPONENTS	2014-05-08	4,230		SL	39.000000000000	50	50
CARPET & DRAPES	2014-05-08	4,894		200DB	5.000000000000	734	489
CARPET & DRAPES	2014-08-04	4,061		200DB	5.000000000000	203	203
BUILDING & COMPONENTS	2014-09-17	3,010		SL	39.000000000000	10	10
CARPET & DRAPES	2014-09-17	10,393		200DB	5.000000000000	520	173

- TIN:

TY 2013 InvestmentsCorpStockSchedule

Name:

J ROGERS BADGETT SR FOUNDATION INC

EIN: 31-1755149

Name of Stock	End of Year Book Value	End of Year Fair Market Value
HILLIARD LYONS - STOCKS AND MUTUAL FUNDS	5,334,992	5,623,551

- TIN:

TY 2013 InvestmentsGovtObligationsSch

Name:

J ROGERS BADGETT SR FOUNDATION INC

EIN: 31-1755149

US Government Securities - End of Year Book Value:

US Government Securities - End of Year Fair Market Value:

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

603,420

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

634,429

- TIN:

TY 2013 InvestmentsLandSchedule2

Name:

J ROGERS BADGETT SR FOUNDATION INC

EIN: 31-1755149

Category/ Item	Cost/Other Basis	Accumulated Depreciation	Book Value
LAND	1,600,000	0	1,600,000
PARKING & SIDEWALKS	400,000	131,112	268,888
BUILDING	9,793,798	1,234,688	8,559,110
BUILDING IMPROVEMENTS	62,530	7,882	54,648
HVAC	22,700	1,795	20,905
BUILDING IMPROVEMENTS	28,400	2,427	25,973
IMPROVEMENTS- NEW AUTO DOOR	14,216	2,357	11,859
LEASEHOLD IMPROVEMENTS	17,333	12,424	4,909
ELEVATOR- UPDATE CARS AND ELECTRONICS	60,619	10,684	49,935
PARKING LOT	71,640	33,432	38,208
BUILDING & COMPONENTS	237,601	33,252	204,349
CARPET & DRAPES	30,074	29,554	520
TENANT IMPROVEMENTS	24,111	16,478	7,633
BUILDING & COMPONENTS	17,636	2,241	15,395
SLAP OUT PROPERTY (REAL ESTATE)	150,000	0	150,000
PARKING DECK	24,500	15,927	8,573
TENANT IMPROVEMENTS	227,480	28,922	198,558
REPLACE RTU (CLIMATEC LLC)	17,989	1,095	16,894
SEAL EXTERIOR OF BUILDING (ADVANCED SEALANTS LLC)	6,275	382	5,893
HOLLAND ROOFING 8/12 REPLACEMENT	79,458	4,498	74,960
ADVANCE SEALANT WATERPROOF	18,825	1,026	17,799
ADVANCE SEALANT WATERPROOF	18,825	986	17,839
REPLACE WATER HEATER (GALLAHUE PLUMBING)	4,390	2,230	2,160
BUILDING & COMPONENTS	342,210	20,475	321,735
CARPET & DRAPES	5,594	4,587	1,007
FURNITURE & FIXTURES	160	119	41
TENANT IMPROVEMENTS	303,504	18,158	285,346
ADVANCE PARMERICA ENVELOPE SEALANTS	9,413	462	8,951
ADVANCE PARMERICA ENVELOPE SEALANTS	9,413	442	8,971
CONSTRUCTION MGMT FEE	7,111	319	6,792
HVAC REPLACEMENT	4,206	189	4,017
RESURFACE PARKING LOT	184,585	19,484	165,101
CONSTRUCTION MGMT FEE	9,229	355	8,874
OFFICE BUILDING	9,750,000	2,500,000	7,250,000
ELEVATOR	352,833	75,769	277,064
CARPET	10,659	10,659	0
FURNITURE & FIXTURES	8,403	8,403	0
IMPROVEMENTS	94,392	20,268	74,124
CARPET & DRAPES	1,905	1,850	55
BUILDING & COMPONENTS	194,861	17,278	177,583
PARKING DECK	5,998	5,998	0
TENANT IMPROVEMENTS	45,287	4,015	41,272
TENANT IMPROVEMENTS	1,249,594	32,041	1,217,553
HVAC SVS (CLIMATEC, LLC)	3,947	42	3,905
CARPET & DRAPES	1,093	738	355
TENANT IMPROVEMENTS	805,681	1,722	803,959
FURNITURE & FIXTURES	5,940	212	5,728
FURNITURE & FIXTURES	4,796	171	4,625
FURNITURE & FIXTURES	553	20	533
BUILDING & COMPONENTS	4,578	103	4,475
CARPETS & DRAPES	1,973	691	1,282
CARPET & DRAPES	4,025	1,006	3,019
BUILDING & COMPONENTS	22,461	360	22,101
ELEVATOR	34,282	549	33,733
BUILDING & COMPONENTS	28,009	389	27,620
BUILDING & COMPONENTS	4,230	50	4,180
CARPET & DRAPES	4,894	734	4,160
CARPET & DRAPES	4,061	203	3,858
BUILDING & COMPONENTS	3,010	10	3,000
CARPET & DRAPES	10,393	520	9,873

- TIN:

TY 2013 InvestmentsOtherSchedule2

Name:

J ROGERS BADGETT SR FOUNDATION INC

EIN: 31-1755149

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
INVESTMENT IN BADGETT TERMINAL, INC.	AT COST	419,555	419,555
ROLEX WATCH & SILVER COINS	AT COST	66,500	66,500

- TIN:

TY 2013 LegalFeesSchedule

Name:

J ROGERS BADGETT SR FOUNDATION INC

EIN: 31-1755149

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL	1,728	1,728		0

- TIN:

TY 2013 OtherExpensesSchedule

Name:

J ROGERS BADGETT SR FOUNDATION INC

EIN: 31-1755149

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
OFFICE EXPENSE	5,177	2,589	2,588
REPAIR & MAINTENANCE- RENTAL PROPERTY	72,363	72,363	0
CLEANING EXPENSE- RENTAL PROPERTY	87,532	87,532	0
LANDSCAPING- RENTAL PROPERTY	10,517	10,517	0
UTILITIES- RENTAL PROPERTY	131,827	131,827	0
MANAGEMENT FEE- RENTAL PROPERTY	66,644	66,644	0
ADMINISTRATIVE EXPENSES - RENTAL PROPERTY	4,509	4,509	0
INSURANCE- RENTAL PROPERTY	-84	-84	0
ADVERTISING - RENTAL PROPERTY	597	597	0
REPAIRS & MAINTENANCE - PLAZA WEST RENTAL	181,777	181,777	0
CLEANING EXPENSE - PLAZA WEST RENTAL	183,953	183,953	0
LANDSCAPING - PLAZA WEST RENTAL	32,601	32,601	0
UTILITIES - PLAZA WEST RENTAL	225,200	225,200	0
INSURANCE EXPENSE - PLAZA WEST RENTAL	39,794	39,794	0
MISCELLANEOUS EXPENSE - PLAZA WEST RENTAL	7,886	7,886	0
COMMON AREA EXPENSE - PLAZA WEST RENTAL	145,642	145,642	0
PENALTIES - PLAZA WEST RENTAL	303	303	0
INSPECTIONS - PLAZA WEST RENTAL	2,335	2,335	0
LEASING EXPENSE - PLAZA WEST RENTAL	192,572	192,572	0
MUSIC - PLAZA WEST RENTAL	2,323	2,323	0
OFFICE EXPENSE - PLAZA WEST RENTAL	17,063	17,063	0
SECURITY - PLAZA WEST RENTAL	83,288	83,288	0
SUPPLIES - PLAZA WEST RENTAL	11,148	11,148	0
AUTO EXPENSE - PLAZA WEST RENTAL	2,403	2,403	0
WATERPROOFING - PLAZA WEST RENTAL	4,530	4,530	0

- TIN:

TY 2013 OtherIncomeSchedule2

Name:

J ROGERS BADGETT SR FOUNDATION INC

EIN: 31-1755149

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
BADGETT TERMINAL ORDINARY INCOME	30,421	30,421	30,421
BADGETT TERMINAL NET GAIN FROM REAL EST RENTAL	192	192	192
BADGETT TERMINAL INTEREST	235	235	235
BADGETT TERMINAL CHARITABLE CONTRIBUTION	-10	-10	-10
BADGETT TERMINAL DIVIDEND INCOME	1,125	1,125	1,125
MISC INVESTMENT INCOME	2,126	2,126	2,126

- TIN:

TY 2013 OtherIncreasesSchedule

Name:

J ROGERS BADGETT SR FOUNDATION INC

EIN: 31-1755149

Description	Amount
ADDITIONAL BASIS FROM PLAZA WEST CONTRIBUTION	10,138

- TIN:

TY 2013 OtherProfessionalFeesSchedule

Name:

J ROGERS BADGETT SR FOUNDATION INC

EIN: 31-1755149

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PROFESSIONAL FEES - PLAZA WEST RENTAL	66,433	66,433		0

- TIN:

TY 2013 TaxesSchedule

Name:

J ROGERS BADGETT SR FOUNDATION INC

EIN: 31-1755149

Category	Amount	Net Investment Income
FEDERAL EXCISE TAX	110,435	0
PROPERTY TAX- RENTAL PROPERTY	155,478	155,478
PROPERTY TAX - PLAZA WEST RENTAL	120,281	120,281
EXCISE TAX - PLAZA WEST RENTAL	474	474