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
HAWKINS SCHOLARSHIP FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)DAVIDSON TRUST CO PO BOX 2309   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GREAT FALLS, MT594032309
A Employer identification number

81-6018444
B Telephone number (see instructions)

(406) 791-7325
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$4,356,669J 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 70 70  
4 Dividends and interest from securities...... 137,155 137,155  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 135,687
b Gross sales price for all assets on line 6a 674,106
7 Capital gain net income (from Part IV, line 2)... 135,687
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 272,912 272,912  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 40,738 40,738   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,680 1,680   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,674 856   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 50 50   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 49,142 43,324   0
25 Contributions, gifts, grants paid........ 209,750 209,750
26 Total expenses and disbursements. Add lines 24 and 25 258,892 43,324   209,750
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 14,020
b Net investment income (if negative, enter -0-) 229,588
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 2,683 8 8
2 Savings and temporary cash investments.......... 406,337 336,875 336,875
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) 165,506    
b Investments—corporate stock (attach schedule)........ 2,006,832 Click to see attachment1,983,605 2,895,804
c Investments—corporate bonds (attach schedule)........ 529,031 Click to see attachment880,671 910,728
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 270,602 Click to see attachment193,852 213,254
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,380,991 3,395,011 4,356,669
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 3,380,991 3,395,011
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)...... 3,380,991 3,395,011
31 Total liabilities and net assets/fund balances (see instructions).. 3,380,991 3,395,011
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 3,380,991
2 Enter amount from Part I, line 27a..................... 2 14,020
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 3,395,011
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 3,395,011
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 360 SHARES VOLKSWAGEN AG SPONSORED ADR   2013-04-02 2014-03-18
b 445 SHARES ROYAL DUTCH SHELL PLC SPONS ADR   2011-09-01 2014-02-21
c 260 SHARES ROYAL DUTCH SHELL PLC SPONS ADR   2011-09-23 2014-02-21
d 54 SHARES APPLE INC   2012-03-13 2014-05-19
e 165000 UNITS FEDERAL HOME LOAN BANK BOND   2006-09-14 2014-06-18
875 SHARES INTEL CORP   2004-08-13 2014-07-16
415 SHARES INTEL CORP   2009-01-23 2014-07-16
670 SHARES INTEL CORP   2009-01-23 2014-08-20
1160 SHARES INTEL CORP   2011-01-14 2014-08-20
560 SHARES DEVON ENERGY CORP   2013-02-27 2014-08-22
240 SHARES APPLE INC   2012-03-13 2014-08-29
690 SHARES WELLS FARGO S COMPANY   2006-01-25 2014-09-03
100 SHARES WELLS FARGO & COMPANY   2006-08-16 2014-09-03
35 SHARES WELLS FARGO & COMPANY   2009-01-23 2014-09-03
365 SHARES MICROSOFT CORP   2008-05-02 2014-10-24
515 SHARES MICROSOFT CORP   2008-06-02 2014-10-24
119 SHARES ENSCO PLC CL A   2011-06-16 2014-11-06
510 SHARES ENSCO PLC CL A   2011-06-23 2014-11-06
325 SHARES ENSCO PLC CL A   2012-06-11 2014-11-06
225 SHARES WELLS FARGO & COMPANY   2009-01-23 2014-12-08
265 SHARES WELLS FARGO & COMPANY   2009-07-22 2014-12-08
115 SHARES WELLS FARGO & COMPANY   2010-04-05 2014-12-08
590 SHARES MORGAN STANLEY   2011-01-24 2014-12-10
750 SHARES MORGAN STANLEY   2011-02-28 2014-12-10
330 SHARES VOLKSWAGEN AG SPONSORED ADR   2013-04-02 2014-12-17
355 SHARES VOLKSWAGEN AG SPONSORED ADR   2013-04-25 2014-12-17
(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 17,682   13,719 3,963
b 32,688   29,875 2,813
c 19,099   15,947 3,152
d 32,692   30,223 2,469
e 165,000   165,000 0
29,525   18,758 10,767
14,003   5,535 8,468
23,003   8,936 14,067
39,827   24,545 15,282
41,524   30,388 11,136
24,566   19,189 5,377
35,568   21,409 14,159
5,155   3,543 1,612
1,804   558 1,246
16,651   10,713 5,938
23,494   14,234 9,260
4,757   6,422 -1,665
20,386   25,794 -5,408
12,991   14,396 -1,405
12,368   3,584 8,784
14,567   6,360 8,207
6,321   3,646 2,675
22,129   17,490 4,639
28,130   22,189 5,941
14,537   12,576 1,961
15,639   13,390 2,249
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       3,963
b       2,813
c       3,152
d       2,469
e       0
      10,767
      8,468
      14,067
      15,282
      11,136
      5,377
      14,159
      1,612
      1,246
      5,938
      9,260
      -1,665
      -5,408
      -1,405
      8,784
      8,207
      2,675
      4,639
      5,941
      1,961
      2,249
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 2 135,687
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 177,350 3,875,248 0.045765
2012 169,500 3,670,697 0.046177
2011 154,250 3,646,004 0.042307
2010 155,250 3,415,239 0.045458
2009 176,673 3,083,471 0.057297
2 Total of line 1, column (d) ...................... 2 0.237004
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 0.047401
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 4,221,072
5 Multiply line 4 by line 3....................... 5 200,083
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 2,296
7 Add lines 5 and 6......................... 7 202,379
8 Enter qualifying distributions from Part XII, line 4.............. 8 209,750
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 2,296
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 2,296
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 2,296
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 4,680
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 4,680
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 2,384
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet2,320 RefundedBullet 11 64
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)
    bulletMT
    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 addressbulletN/A
    14
    The books are in care ofbulletDAVIDSON TRUST CO Telephone no.bullet (406) 791-7325
    Located atbulletPOBOX 2309GREAT FALLSMT ZIP+4bullet594032309
    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
     
     
    .........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
    DAVIDSON TRUST CO TRUSTEE
    10.00     		40,738 0 0
    PO BOX 2309
    GREAT FALLS,MT594032309
    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...................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 N/A 0
    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 Click to see attachment 0
    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
    3,958,405
    b
    Average of monthly cash balances.......................
    1b
    326,947
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,285,352
    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
    4,285,352
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    64,280
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,221,072
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    211,054
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    211,054
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    2,296
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,296
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    208,758
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    208,758
    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
    208,758
    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
    209,750
    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
    209,750
    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
    2,296
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    207,454
    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 7 208,758
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 52,386
    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$ 209,750
    a Applied to 2013, but not more than line 2a 52,386
    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..... 157,364
    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 ..........     		51,394
    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:
    DAVIDSON TRUST COMPANY
    PO BOX 2309
    GREAT FALLS,MT594032309
    (406) 791-7325
    bThe form in which applications should be submitted and information and materials they should include:
    A STANDARD APPLICATION AND PROCESS IS USED FOR THE SCHOLARSHIP. PRIMARILY IT RELATES TO ACADEMIC RESULTS, EXTRACURRICULAR ACTIVITIES AND NEED FOR ASSISTANCE AND FUTURE PLANS.
    cAny submission deadlines:
    BEFORE GRADUATION
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRADUATES OF FLATHEAD COUNTY HIGH SCHOOLS
    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
    ADAM CEBULLA
    250 STILLWATER ROAD
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    ALEK MITCHELL
    249 SHERRY LANE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    ALEX DILLON
    PO BOX 1334
    BIGFORK,MT59911     		NONE N/A SCHOLARSHIP 1,000
    ALEXIS BRUNZ
    531 WINDY ACRES DRIVE
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,000
    ALICIA CADRETTE
    1020 SWAN RIVER ROAD
    BIGFORK,MT59911     		NONE N/A SCHOLARSHIP 1,000
    ALLISON DIERENFIELD
    PO BOX 2102
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,000
    ALLISON OTTEN
    2252 PINTAIL COURT
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    ANNA DELERAY
    752 4TH AVE WN
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    ANNIE PETERSON
    PO BOX 462
    BIGFORK,MT59911     		NONE N/A SCHOLARSHIP 1,000
    ASHLEY OLSON
    255 LOST CREEK DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    BENJAMIN MENARD
    104 CYCLONE DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    BENJAMIN MOON
    654 STEEL BRIDGE RD
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    BLAKE LADENBURG
    PO BOX 2046
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,000
    BRIAHNA BENNETT
    513 CRESTVIEW ROAD
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    CALEB CHUANG
    250 ARBOUR DRIVE WEST
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    CALEB GARDNER
    622 ROCK DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    CAMERON BROWN
    111 EAST JULIA MARTIN DR APT B
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    CLYDE LISLE
    2177 HAYWIRE GULCH
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    DANIAL POWER
    1508 EAGLE DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    DANIELLE DELVENTHAL
    120 MEGAN LANE
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,000
    DEREK VANDER ARK
    1525 MACKINAW LOOP
    SOMERS,MT59932     		NONE N/A SCHOLARSHIP 1,000
    DERRICK CRINER
    42 KONLEY DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    DREW SILVERS
    225 EAST BOWMAN DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    ELIZABETH GRAHAM
    2185 MISSION TRAIL
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    GARRETT FOLKS
    PO BOX 743
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,000
    HALIE MAAS
    PO BOX 511
    LAKESIDE,MT59922     		NONE N/A SCHOLARSHIP 1,000
    HAYLEIGH BLOCK
    13611 RISING WOLF DRIVE
    BIGFORK,MT59911     		NONE N/A SCHOLARSHIP 1,000
    HUNTER NEWTON
    5107 RABE ROAD
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,000
    IZAAK CASTREN
    370 ANDERSON LANE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    JACKSON BARBER
    PO BOX 5394
    KALISPELL,MT59903     		NONE N/A SCHOLARSHIP 1,000
    JACLYN RAUTHE
    123 BUFFALO SQUARE CT
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    JACOB BURGESS
    122 LONE CEDAR LANE
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,000
    JACOB BYRNE
    236 MANY LAKE DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    JAKE WILLIAMS
    216 APPLE TREE CIRCLE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    JAKEB WILSON
    237 JUNIPER BEND DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    JAMES JURVA
    PO BOX 1288
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,000
    JANAE CORBETT
    754 WHITE FAWN LANE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    JANESSA COURTNEY
    535 COLORADO AVE
    WHITEFISH,MT59937     		NONE N/A SCHOLARSHIP 1,000
    JENNA OLBERDING
    1335 5TH AVE EAST
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    JESSICA HELDER
    34 TRILLIUM WAY
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    JESSICA REAM
    167 RIVER ESTATES DRIVE
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,000
    JESSICA STENBERG
    122 STILLWATER LANE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    JORDAN DANZ
    560 N FERNDALE DR
    BIGFORK,MT59911     		NONE N/A SCHOLARSHIP 1,000
    JOSHUA BRAY
    69 KONLEY DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    KAILEA VAUDT
    210 NORTHERN LIGHTS BLVD
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    KALEB MITCHELL
    249 SHERRY LANE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    KATELYN GREEN
    140 WILDERNESS LANE
    WHITEFISH,MT59937     		NONE N/A SCHOLARSHIP 1,000
    KATHERINE CHAMPION
    368 E RESERVE DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    KELSEY MCFADDEN
    PO BOX 5605
    WHITEFISH,MT59937     		NONE N/A SCHOLARSHIP 1,000
    KELSEY MCFEELY
    414 8TH ST WEST
    WHITEFISH,MT59937     		NONE N/A SCHOLARSHIP 1,000
    KENNA HAUNS
    PO BOX 1063
    BIGFORK,MT59911     		NONE N/A SCHOLARSHIP 1,000
    KIRA KAMRUD
    8 DARLENE ROAD
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,000
    KIERSTEN HOERNER
    PO BOX 231
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,000
    KJELSETH VOLLMER
    168 BUFFALO STAGE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    KYLE GRIFFITH
    2356 MISSION TRAIL
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    MAGGIE PANASUK
    1606 12TH AVE WEST
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,000
    MAKENNA SIEBENALER
    161 BUFFALO STAGE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    MATTHEW MACFARLANE
    212 BIERNEY CREEK RD
    LAKESIDE,MT59922     		NONE N/A SCHOLARSHIP 1,000
    MORGAN PAOLINI
    14 ST CHAPPELLE COURT
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    NOAH HASHLEY
    154 N RIDING ROAD
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    PARKER SUTTON
    7880 HWY 93 SOUTH
    LAKESIDE,MT59922     		NONE N/A SCHOLARSHIP 1,000
    PAXTON DOTY
    715 SHADOW LANE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    PAYTON PIETRON
    PO BOX 11196
    KALISPELL,MT59904     		NONE N/A SCHOLARSHIP 1,000
    REBEKAH ALLEN
    PO BOX 8044
    KALISPELL,MT59904     		NONE N/A SCHOLARSHIP 1,000
    SAMANTHA AUGER
    341 HARRISON BLVD
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    SARA CHRISTENSEN
    536 W ARIZONA STREET
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    SARAH SMITH
    670 LEISURE DR
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    SERENA BROSTEN
    PO BOX 7813
    KALISPELL,MT59904     		NONE N/A SCHOLARSHIP 1,000
    SHEA STEVENS
    239 FOX VIEW TRAIL
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    SHELTON TODD
    305 WHITE BIRCH LANE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    THANAWAN INTARATANOD
    245 BRUNNER ROAD
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,000
    TUCKER TOELKE
    815 FAIRMONT ROAD
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    TYLISSA HEMSLEY
    1027 5TH AVE WEST
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,000
    VALERIE KITTLE
    210 SHAWNEE DRIVE
    BIGFORK,MT59911     		NONE N/A SCHOLARSHIP 1,000
    WAYLON ROBERTS
    1105 5TH STREET
    WHITEFISH,MT59937     		NONE N/A SCHOLARSHIP 1,000
    ZACH PERRIN
    PO BOX 612
    LAKESIDE,MT59922     		NONE N/A SCHOLARSHIP 1,000
    ADAM BRADLEY
    549 LEONARD LANE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    ALEXANDRA DAMON
    PO BOX 2827
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,250
    ALEXANDRA PRESNELL
    1919 BLUESTONE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    ALLISON FOUST
    25 BETHANY STREET
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,250
    AMANDA MORRISON
    PO BOX 826
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,250
    ANDREA GETTS
    PO BOX 972
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,250
    ANNA JENKS
    443 MOUNTAIN VISTA WAY
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    ARYN PHILLIPS
    1830 WHALEBONE DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 2,500
    ASHLEE BULLER
    PO BOX 10729
    KALISPELL,MT59904     		NONE N/A SCHOLARSHIP 1,250
    BAYLEE BRINTON
    PO BOX 542
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,250
    BODIE HENDERSON
    PO BOX 8091
    KALISPELL,MT59904     		NONE N/A SCHOLARSHIP 1,250
    BRANDON MAASSEN
    43 ARNICA LANE
    WHITEFISH,MT59937     		NONE N/A SCHOLARSHIP 1,250
    BRANDON MASSIE
    16 FARMLAND ACRES DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    BREANA FRANKE
    640 CAPISTRANO NW
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    BREANNA WIERSMA
    324 EDGEWOOD DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    BRIAN LEUKUMA
    385 WEST SPRING CREEK ROAD
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    BRIDGER PUTNAM
    185 MANY LAKES DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    BRITTANY BARNES
    1415 VOERMAN ROAD
    WHITEFISH,MT59937     		NONE N/A SCHOLARSHIP 2,500
    CARMEN MIELE
    387 4TH AVE EN
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    CASSIDY HASHLEY
    116 OWENS COURT
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 2,500
    CASSIDY SMITH
    271 ROCKY MEADOWS LOOP
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    CHANDLER ESCALANTE
    2115 EIDER DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    CHEYENNE KEELER
    PO BOX 45
    LAKESIDE,MT59922     		NONE N/A SCHOLARSHIP 1,250
    CONNOR BRANDON
    157 BUFFALO STAGE ROAD
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    CONNOR MAYBERRY
    58 RANCHETTS LANE
    BIGFORK,MT59911     		NONE N/A SCHOLARSHIP 2,500
    CYNTHIA GILBERTSON
    315 PARLIAMENT DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    DANA PFEIFER
    258 WHITE PINE ROAD
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    DANIEL CHURCH
    909 4TH AVE WN
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,250
    DANIEL CLARK
    173 BUFFALO STAGE K
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    DANIEL KNUFFKE
    10 GRIZZLY WAY
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    DEVON ZANDER
    PO BOX 7695
    KALISPELL,MT59904     		NONE N/A SCHOLARSHIP 1,250
    DYLAN JUNJAK
    427 WEST COLORADO
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    ELISE BYLE
    950 RHODES DRAW
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    ERIQ EJ HAVENS
    311 PARK AVENUE
    WHITEFISH,MT59937     		NONE N/A SCHOLARSHIP 1,250
    GAVYN WILSON
    132 PHEASANT RUN
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    GREGORY JONES
    152 PHEASANT RUN
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    HAAKON SANDE
    PO BOX 1141
    BIGFORK,MT59911     		NONE N/A SCHOLARSHIP 1,250
    HANNAH ATLEE
    140 GREENBRIAR DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    HEATHER BACH
    334 NORTH JUNIPER BAY ROAD
    SOMERS,MT59932     		NONE N/A SCHOLARSHIP 1,250
    HOLDEN ROBERTS
    1105 5TH STREET
    WHITEFISH,MT59937     		NONE N/A SCHOLARSHIP 1,250
    IRIS MATUVELICH
    442 W SPRINGCREEK ROAD
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    JACOB BEXTEN
    169 STILLWOOD DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    JACQUELYN MERRILL
    1011 VICTORY LANE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    JARED TRINASTICH
    PO BOX 1316
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,250
    JASMYN BURDSALL
    19 EMPIRE LOOP
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    JEREMIAH HASHLEY
    154 NORTH RIDING ROAD
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    JOSEPH WISHER
    1571 HAVEN DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    JOSIAH OSBORNE
    PO BOX 1714
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,250
    KAITLIN MCHUGH
    127 SHERRY LANE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    KAITLYN WERK
    416 SUMMIT CIRCLE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    KATHRYN JENTZ
    765 N MAIN STREET
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    KAYCIE OSTERDAY
    89 PARK STREET
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    KAYLA HARWOOD
    15 HELENA FLATS COURT
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    KCKENNA MILLER
    557 STONERIDGE DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    KEATON NICHOLSON
    366 PLANTATION DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    KELLY HENDRIX
    194 DOUBLE LAKE DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 2,500
    KEVIN STAHLBERG
    50 HELENA FLATS COURT
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    KRISTEN WILLICH
    415 WINDWARD WAY
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    KYLER HARKINS
    426 HILLTOP AVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    LANDER CRISSMAN
    645 5TH AVE E
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    LAUREN COGDILL
    510 SKYLES PLACE
    WHITEFISH,MT59937     		NONE N/A SCHOLARSHIP 2,500
    LEVI BROWN
    570 MCMANNAMY DRAW
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    LONIS SHERMAN
    108 PARKRIDGE DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    MACKENZIE JOHNSON
    460 MEADOW HILLS DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 2,500
    MACKENZIE WILLIAMS
    216 APPLE TREE CIRCLE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    MADISON DUGDALE
    PO BOX 4068
    WHITEFISH,MT59937     		NONE N/A SCHOLARSHIP 1,250
    MCKENZIE HEMP
    110 RIVER ESTATES DRIVE
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,250
    MEGAN GUILLORY
    421 PARKWAY DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    MEGAN MOULTON
    3721 WHITEFISH STAGE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    MEGHAN CLOSTIO
    1048 2ND AVE E
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    MEGHAN GRAY
    PO BOX 11
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,250
    MELISSA MACFARLANE
    1790 WHALEBONE DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    MERCEDE ERICKSON
    2320 HOUSTON POINT DRIVE
    WHITEFISH,MT59937     		NONE N/A SCHOLARSHIP 1,250
    MERRIK DRAGON
    PO BOX 1059
    LAKESIDE,MT59922     		NONE N/A SCHOLARSHIP 1,250
    MITCHELL STIVERS
    130 LAKE SHORE DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    MOLLY CRICK
    182 ARMORY ROAD
    WHITEFISH,MT59937     		NONE N/A SCHOLARSHIP 1,250
    MORIAH GILPIN
    74 DOLPHIN DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    NATALIE JUEDE
    834 BOON ROAD
    SOMERS,MT59932     		NONE N/A SCHOLARSHIP 1,250
    NATALIE NEWBERRY
    405 3RD AVE W
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    NATHAN BOONE
    313 SHADY RIVER LANE
    WHITEFISH,MT59937     		NONE N/A SCHOLARSHIP 1,250
    NATHAN CONNELL
    PO BOX 7925
    KALISPELL,MT59904     		NONE N/A SCHOLARSHIP 1,250
    OLIVIA BENVENUTO
    235 CAYUSE LANE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    OLIVIA CRICK
    182 ARMORY ROAD
    WHITEFISH,MT59937     		NONE N/A SCHOLARSHIP 1,250
    PAIGE KORSA
    2888 MIDDLE ROAD
    COLUMBIA FALLS,MT59912     		NONE N/A SCHOLARSHIP 1,250
    PRESLEY HUME
    1089 STONEFIELD LANE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    REBECCA BOONE
    1004 7TH AVE E
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    REBEKAH WEAVER
    834 HIGHLAND DRIVE
    WHITEFISH,MT59937     		NONE N/A SCHOLARSHIP 1,250
    SARAH JELLISON
    181 ARBOUR DRIVE EAST
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    SCOTT CHRISTENSON
    255 DYER ROAD
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 2,500
    SCOTT KAHLE
    1037 CREEK VIEW DRIVE
    WHITEFISH,MT59937     		NONE N/A SCHOLARSHIP 1,250
    SHEA BERQUIST
    673 ROCK DRIVE
    KALISPELL,MT59903     		NONE N/A SCHOLARSHIP 2,500
    TANNER HOBBS
    520 WHITE BIRCH LANE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    TAYLOR ABERNATHY
    455 ADDISON SQUARE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    TAYLOR TREECE
    26 VELVA DRIVE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    TERA FISHER
    23 MOUNTAIN PARK LANE
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    THOMAS MURPHY
    PO BOX 4907
    WHITEFISH,MT59937     		NONE N/A SCHOLARSHIP 1,250
    TOREE CANO
    1260 LOWER VALLEY ROAD
    KALISPELL,MT59901     		NONE N/A SCHOLARSHIP 1,250
    WILLIAM CRONK
    PO BOX 8466
    KALISPELL,MT59904     		NONE N/A SCHOLARSHIP 1,250
    Total .................................bullet 3a 209,750
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 70  
    4 Dividends and interest from securities....     14 137,155  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 135,687  
    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).. 0 272,912 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13272,912
    (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:
    HAWKINS SCHOLARSHIP FOUNDATION
    EIN: 81-6018444
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 1,680 1,680   0

    TY 2014 AllOthProgRltdInvestmentsSch
    Name:
    HAWKINS SCHOLARSHIP FOUNDATION
    EIN: 81-6018444
    Category Amount
    N/A 0

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    HAWKINS SCHOLARSHIP FOUNDATION
    EIN: 81-6018444
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBVIE INC SR NT 34,369 34,883
    AIRGAS INC NT 55,038 54,272
    AMERICAN INTERNATIONAL GROUP INC NOTE 36,183 36,358
    BECTON DICKENSON & CO NOTE 35,642 35,608
    BROADRIDGE FINANCIAL SOLUTIONS 34,955 36,380
    COMCAST CORP NT 33,790 35,567
    COSTCO WHOLESALE CORP NEW SPIRIT NT 23,053 22,585
    FEDERAL NATIONAL MORTGAGE ASSN 62,485 63,485
    FEDERAL HOME LOAN MORTGAGE 100,056 99,962
    HEALTH CARE REIT NT 55,618 55,344
    ISHARES BARCLAYS MBS BOND FUND 61,231 62,312
    MOODYS CORP 80,262 90,836
    PLUM CREEK TIMBERLANDS NOTE 136,851 151,837
    ROYAL BK CDA GLOBAL 34,957 35,248
    VIACOM INC SR NT 45,145 44,518
    WILLIS GROUP HLDGS PUBLIC LTD 51,036 51,533

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    HAWKINS SCHOLARSHIP FOUNDATION
    EIN: 81-6018444
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALLEGHENY TECHNOLOGIES 58,492 58,414
    ALLIACNE DATA SYSTEMS CORP 6,245 47,484
    APPLE INC 104,147 158,175
    BAXTER INTERNATIONAL 67,829 91,613
    CARNIVAL CORP 89,011 121,484
    CATERPILLAR INC 47,459 69,105
    CHEVRON CORP 81,829 77,629
    CHIMERA INVESTMENT CORP 72,558 89,151
    COMCAST CORP 28,759 33,936
    DEVON ENEERGY CORP 33,437 36,114
    DR HORTON INC 38,585 53,994
    FIRST REP BK SAN FRANCISCO 29,030 31,011
    GENERAL ELECTRIC 113,818 131,909
    GOOGLE INC CL A 21,895 63,149
    GOOGLE INC CL C 33,490 74,222
    JOHNSON AND JOHNSON 101,470 182,475
    JP MORGAN CHASE 69,276 75,722
    MARTIN MARIETTA MATERIALS 44,750 74,466
    MAXIM INTEGRATED PRODUCTS 46,749 58,960
    MICROCHIP TECHNOLOGY 53,097 82,326
    MICROSOFT CORP 38,414 87,326
    MORGAN STANLEY 52,506 91,180
    PALL CORP 27,126 75,908
    PEPSICO 64,318 95,506
    PFIZER INC 80,693 109,959
    PHILIP MORRIS INTERNATIONAL 46,397 68,825
    ROYAL DUTCH SHELL 41,413 44,857
    SCHLUMBERGER LIMITED 77,264 108,898
    STATE STREET CORP 77,900 132,273
    TIME WARNER CABLE INC 42,655 46,378
    UNITED PARCEL SERVICE 82,612 130,625
    VOLKSWAGON AG SPONSORED ADR 25,066 28,549
    WAL-MART STORES 36,163 60,545
    WELLS FARGO & CO 32,395 59,480
    XILINX INC 58,267 59,307
    ZOETIS INC 58,490 84,849

    TY 2014 InvestmentsOtherSchedule2
    Name:
    HAWKINS SCHOLARSHIP FOUNDATION
    EIN: 81-6018444
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CAMDEN PROPERTY TRUST AT COST 54,572 65,718
    PLUM CREEK TIMBERLANDS AT COST 28,763 30,809
    STARWOOD PPTY TR INC REIT AT COST 79,179 87,615
    STARWOOD WAYPOINT RESIDENTIAL TR AT COST 31,338 29,112

    TY 2014 OtherExpensesSchedule
    Name:
    HAWKINS SCHOLARSHIP FOUNDATION
    EIN: 81-6018444
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS 50 50   0


    TY 2014 TaxesSchedule
    Name:
    HAWKINS SCHOLARSHIP FOUNDATION
    EIN: 81-6018444
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PF TAXES 2013 1,138 0   0
    990 PF ESTIMATES 4,680 0   0
    FOREIGN TAX WITHHELD 856 856   0