TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0052

2014

Open to Public Inspection

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

Name of foundation
Frederick Whitaker and Eileen Monaghan Whitaker Foundation

Number and street (or P.O. box number if mail is not delivered to street address)505 Harvest Moon Road Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Fountain, CO80817

A Employer identification number

33-0265872

B Telephone number (see instructions)

(719) 591-6147

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

$1,534,266J 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	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............	11,000
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments	18,495
4	Dividends and interest from securities......	20,778
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10
b	Gross sales price for all assets on line 6a
7	Capital gain net income (from Part IV, line 2)...			33,239
8	Net short-term capital gain.........				7,728
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).......		0
12	Total. Add lines 1 through 11........	50,273		33,239	7,728
13	Compensation of officers, directors, trustees, etc.	24,000
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		110
b	Accounting fees (attach schedule).......		600
c	Other professional fees (attach schedule)....		29,885
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		665
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	8,082
22	Printing and publications..........	549
23	Other expenses (attach schedule).......		13,095
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	76,986		0		0
25	Contributions, gifts, grants paid........	13,000				0
26	Total expenses and disbursements. Add lines 24 and 25	89,986		0		0
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-39,713
b	Net investment income (if negative, enter -0-)			33,239
c	Adjusted net income (if negative, enter -0-)...				7,728

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2014)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	28,226	24,307	24,307
	2	Savings and temporary cash investments..........	5	5	5
	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...........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	1,047,910	1,061,433	1,061,433
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	446,119	448,521	448,521
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,522,260	1,534,266	1,534,266
	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 )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................	1,076,141	1,085,745
	25	Temporarily restricted................	446,119	448,521
	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.........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see instructions)......	1,522,260	1,534,266
	31	Total liabilities and net assets/fund balances (see instructions)..	1,522,260	1,534,266

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	1,522,260
2	Enter amount from Part I, line 27a.....................	2	-39,713
3	Other increases not included in line 2 (itemize)	3	51,719
4	Add lines 1, 2, and 3..........................	4	1,534,266
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	1,534,266

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	Ace Limited	P	2012-05-22	2014-10-17
b	American Express	P	2012-05-22	2014-07-11
c	American Wtr Wks Co Inc	P	2012-05-22	2014-10-17
d	American Wtr Wks Co Inc	P	2012-05-22	2014-08-25
e	Automatic Data Proc	P	2013-05-09	2014-11-19
	Automatic Data Proc	P	2013-05-09	2014-08-25
	Cardinal Health Inc. Ohio	P	2013-10-28	2014-10-17
	Cardinal Health Inc. Ohio	P	2013-10-28	2014-08-25
	CaterpillarInc. Del	P	2012-05-22	2014-07-11
	CDK Global Inc. SHS	P	2014-05-30	2014-10-17
	CDK Global Inc. SHS	P	2013-12-19	2014-10-17
	CDK Global Inc. SHS	P	2013-06-12	2014-10-17
	CDK Global Inc. SHS	P	2013-05-09	2014-10-17
	CDK Global Inc. SHS	P	2014-07-11	2014-10-17
	Citigroup Inc. Com New	P	2012-11-02	2014-10-17
	Citigroup Inc. Com New	P	2012-11-02	2014-08-25
	Comcast Corp New Cl A	P	2012-08-09	2014-07-11
	Costco Wholesale	P	2012-05-22	2014-11-19
	Costco Wholesale	P	2012-05-22	2014-10-17
	Coviden PLC	P	2013-10-28	2014-07-11
	Coviden PLC	P	2013-07-02	2014-07-11
	Coviden PLC	P	2012-05-30	2014-07-11
	Coviden PLC	P	2012-05-22	2014-07-11
	Coviden PLC	P	2013-06-12	2014-07-11
	Coviden PLC	P	2013-05-07	2014-07-11
	Coviden PLC	P	2012-12-24	2014-07-11
	Coviden PLC	P	2012-11-02	2014-07-11
	CVS Health Corp	P	2012-05-22	2014-11-19
	CVS Health Corp	P	2012-05-22	2014-10-17
	Diageo PLC	P	2012-05-22	2014-07-11
	Diageo PLC	P	2013-02-11	2014-07-11
	Diageo PLC	P	2012-05-30	2014-07-11
	Diageo PLC	P	2013-07-02	2014-07-11
	Diageo PLC	P	2013-06-12	2014-07-11
	Diageo PLC	P	2013-05-07	2014-07-11
	Diageo PLC	P	2013-04-18	2014-07-11
	Diageo PLC	P	2014-05-30	2014-07-11
	Diageo PLC	P	2013-12-19	2014-07-11
	Diageo PLC	P	2013-10-28	2014-07-11
	Dominion Res Inc New VA	P	2013-07-02	2014-10-17
	Fed Ex Corp Delaware Com	P	2013-02-11	2014-10-17
	Hess Corp	P	2013-08-12	2014-07-11
	Home Depot Inc	P	2012-06-25	2014-10-17
	Home Depot Inc	P	2012-06-25	2014-08-25
	McDonalds Corp	P	2012-11-02	2014-08-25
	McDonalds Corp	P	2012-08-06	2014-08-25
	McDonalds Corp	P	2012-06-25	2014-08-25
	McDonalds Corp	P	2012-05-22	2014-08-25
	McDonalds Corp	P	2014-07-11	2014-08-25
	McDonalds Corp	P	2014-05-30	2014-08-25
	McDonalds Corp	P	2013-12-19	2014-08-25
	McDonalds Corp	P	2013-10-28	2014-08-25
	McDonalds Corp	P	2013-08-12	2014-08-25
	McDonalds Corp	P	2013-06-12	2014-08-25
	McDonalds Corp	P	2013-05-07	2014-08-25
	Mondelez Intl	P	2014-07-11	2014-11-19
	Nike Inc	P	2012-05-22	2014-10-17
	Oracle Corp	P	2012-05-22	2014-08-25
	T Rowe Price Group	P	2013-03-05	2014-11-19
	T Rowe Price Group	P	2013-02-11	2014-11-19
	T Rowe Price Group	P	2013-08-12	2014-11-19
	T Rowe Price Group	P	2013-06-12	2014-11-19
	T Rowe Price Group	P	2013-05-07	2014-11-19
	T Rowe Price Group	P	2013-04-03	2014-11-19
	T Rowe Price Group	P	2013-08-25	2014-11-19
	T Rowe Price Group	P	2014-07-11	2014-11-19
	T Rowe Price Group	P	2014-05-30	2014-11-19
	T Rowe Price Group	P	2013-10-28	2014-11-19
	Schlumberger LTD	P	2012-05-22	2014-07-11
	Thermo Fisher Scientific	P	2013-03-05	2014-08-25
	Valero Energy Corp	P	2013-04-03	2014-08-25
	Verizon Communications	P	2014-05-30	2014-10-17
	Visa Inc	P	2012-05-22	2014-11-19
	Wells Fargo	P	2012-05-22	2014-07-11
	Elements-Rogers TR	P	2014-11-19	2014-12-22
	Elements-Rogers TR	P	2014-01-08	2014-12-22
	Elements-Rogers TR	P	2013-12-09	2014-12-22
	Elements-Rogrs TR	P	2013-06-04	2014-12-22
	Elements-Rogers TR	P	2013-06-04	2014-12-22
	Elements-Rogers TR	P	2013-06-04	2014-12-10
	Elements-Rogers TR	P	2013-06-04	2014-07-11
	Ishares Agency Bond	P	2013-06-04	2014-12-22
	Ishares CMBS ETF	P	2013-06-04	2014-12-22
	Ishares Core S&P 500	P	2013-12-09	2014-12-22
	Ishares Core S&P 500	P	2013-06-04	2014-12-22
	Ishares Core S&P 500	P	2014-11-19	2014-12-22
	Ishares Core S&P 500	P	2014-01-08	2014-12-22
	Ishares Core S&P 500	P	2013-06-04	2014-07-11
	Ishares Core US	P	2014-07-11	2014-12-22
	Ishares Core US	P	2014-01-08	2014-12-22
	Ishares Core US	P	2013-12-09	2014-12-22
	Ishares Core US	P	2013-06-04	2014-12-22
	Ishares Core US	P	2013-06-04	2014-12-10
	Ishares Core US	P	2013-06-04	2014-11-19
	Ishares Gold TR	P	2014-11-19	2014-12-22
	Ishares Gold TR	P	2014-07-11	2014-12-22
	Ishares Gold TR	P	2014-07-11	2014-12-22
	Ishares Gold TR	P	2014-07-11	2014-12-10
	Ishares Iboxx	P	2013-06-04	2014-12-22
	Ishares Iboxx	P	2013-06-04	2014-12-10
	Ishares Inc	P	2014-11-19	2014-12-22
	Ishares Inc	P	2014-07-11	2014-12-22
	Ishares Inc	P	2013-06-04	2014-12-22
	Ishares Inc	P	2013-06-04	2014-12-22
	Ishares Inc	P	2013-06-04	2014-12-10
	Ishares Core MSCI	P	2013-12-09	2014-12-22
	Ishares Core MSCI	P	2013-12-09	2014-12-10
	Ishares Core MSCI	P	2013-12-09	2014-07-11
	Ishares JP Morgan EM BON	P	2013-12-09	2014-12-22
	Ishares JP Morgan EM BON	P	2013-06-04	2014-12-22
	Ishares MSCI CDA ETF	P	2013-06-04	2014-12-22
	Ishares MSCI CDA ETF	P	2013-06-04	2014-07-11
	Ishares MSCI EMU ETF	P	2014-07-11	2014-12-22
	Ishares MSCI EMU ETF	P	2013-06-04	2014-12-22
	Ishares MSCI EMU ETF	P	2013-06-04	2014-12-10
	Ishares MSCI EMU ETF	P	2013-06-04	2014-11-19
	Ishares MSCI Japan	P	2014-11-19	2014-12-22
	Ishares MSCI Japan	P	2014-07-11	2014-12-22
	Ishares MSCI Japan	P	2013-12-09	2014-12-22
	Ishares MSCI Japan	P	2013-06-04	2014-12-22
	Ishares MSCI Japan	P	2013-06-04	2014-12-10
	Ishares MSCI Pacific	P	2013-12-09	2014-12-22
	Ishares MSCI Pacific	P	2013-06-04	2014-12-22
	Ishares MSCI Sweden	P	2013-06-04	2014-12-22
	Ishares MSCI Switzerland	P	2013-06-04	2014-12-22
	Ishares MSCI Switzerland	P	2013-06-04	2014-12-10
	Ishares MSCI UK	P	2014-07-11	2014-12-22
	Ishares MSCI UK	P	2013-06-04	2014-12-22
	Ishares MSCI UK	P	2013-06-04	2014-12-10
	Ishares MSCI UK	P	2013-06-04	2014-11-19
	SPDR Barclays Intl	P	2014-01-08	2014-11-19
	SPDR Barclays Intl	P	2013-06-04	2014-11-19
	SPDR Barclays Intl	P	2013-12-09	2014-11-19
	SPDR Barclays Intl	P	2013-06-04	2014-11-19
	SPDR Barclays Intl	P	2013-06-04	2014-11-19
	SPDR Barclays Intl	P	2013-06-04	2014-07-11
	Vanguard Charlotte Funds	P	2014-11-19	2014-12-22
	Vanguard Charlotte Funds	P	2014-11-19	2014-12-10
	Vanguard Mortgage Backed	P	2014-01-08	2014-12-22
	Vanguard Mortgage Backed	P	2013-12-09	2014-12-22
	Vanguard Mortgage Backed	P	2013-12-09	2014-12-10
	Vanguard Mortgage Backed	P	2013-12-09	2014-11-19
	Vanguard Mortgage Backed	P	2013-12-09	2014-07-11
	Vanguard Mortgage Backed	P	2013-06-04	2014-07-11
	FT 2453 Core Three CLSD	P	2012-09-24	2014-08-28
	Abbvie Inc	P	2012-10-19	2014-12-10
	Abbvie Inc	P	2012-10-19	2014-11-19
	Abbvie Inc	P	2012-05-02	2014-11-19
	Abbvie Inc	P	2012-05-02	2014-09-19
	Abbvie Inc	P	2013-05-02	2014-07-11
	Altria Group Inc	P	2012-05-02	2014-12-10
	Altria Group Inc	P	2013-05-02	2014-10-17
	Altria Group Inc	P	2012-05-02	2014-09-19
	Altria Group Inc	P	2012-05-02	2014-07-11
	AMN Elec Power Co	P	2013-11-18	2014-12-10
	AMN Elec Power Co	P	2013-11-18	2014-10-17
	AMN Elec Power Co	P	2013-11-18	2014-07-11
	Anheuser Busch Inbev ADR	P	2014-07-11	2014-12-10
	Automatic Data Proc	P	2013-11-27	2014-12-10
	Automatic Data Proc	P	2013-11-27	2014-11-19
	Automatic Data Proc	P	2013-11-27	2014-09-19
	BCE Inc	P	2012-05-02	2014-11-19
	Bristol-Meyers Squibb Co	P	2013-07-02	2014-07-11
	Bristol-Meyers Squibb Co	P	2012-12-24	2014-07-11
	Bristol-Meyers Squibb CO	P	2013-11-18	2014-07-11
	California Resources	P	2014-11-19	2014-12-10
	California Resources	P	2014-10-17	2014-12-10
	California Resources	P	2014-01-21	2014-12-10
	California Resources	P	2013-03-20	2014-12-10
	California Resources	P	2013-02-11	2014-12-10
	CDK Global Inc	P	2014-07-11	2014-10-17
	CDK Global Inc	P	2014-07-11	2014-10-17
	CDK Global Inc	P	2014-01-21	2014-10-17
	CDK Global Inc	P	2013-11-27	2014-10-17
	Chevron Corp	P	2014-01-21	2014-09-19
	Chevron Corp	P	2013-11-04	2014-09-19
	Chevron Corp	P	2013-06-12	2014-09-19
	Chevron Corp	P	2012-12-24	2014-09-19
	Chevron Corp	P	2012-11-02	2014-09-19
	Chevron Corp	P	2012-10-19	2014-09-19
	Chevron Corp	P	2012-05-02	2014-09-19
	Chevron Corp	P	2012-05-30	2014-09-19
	Chevron Corp	P	2012-05-22	2014-09-19
	Con-Agra Foods Inc	P	2012-12-24	2014-07-11
	Con-Agra Foods Inc	P	2013-11-04	2014-07-11
	Con-Agra Foods Inc	P	2013-06-12	2014-07-11
	Con-Agra Foods Inc	P	2013-01-07	2014-07-11
	Digital Rlty TR Inc	P	2012-05-02	2014-10-17
	Digital Rlty TR Inc	P	2012-05-02	2014-09-19
	Digital Rlty TR Inc	P	2012-05-02	2014-07-11
	DuPont EI De Nemours	P	2012-10-15	2014-09-19
	Eli Lilly & Co	P	2014-07-11	2014-12-10
	Eli Lilly & Co	P	2014-07-11	2014-09-19
	Glaxosmithkline PLC	P	2014-07-11	2014-12-10
	Glaxosmithkline PLC	P	2013-11-18	2014-12-10
	Glaxosmithkline PLC	P	2013-11-04	2014-12-10
	Glaxosmithkline PLC	P	2013-11-04	2014-12-10
	Glaxosmithkline PLC	P	2014-11-19	2014-12-10
	Glaxosmithkline PLC	P	2014-10-17	2014-12-10
	Glaxosmithkline PLC	P	2014-09-19	2014-12-10
	Halyard Health Inc	P	2012-05-02	2014-11-19
	Halyard Health Inc	P	2014-09-19	2014-11-19
	Halyard Health Inc	P	2013-06-12	2014-11-19
	Halyard Health Inc	P	2012-10-19	2014-11-19
	Intel Corp	P	2012-05-02	2014-12-10
	Intel Corp	P	2012-05-02	2014-12-10
	Intel Corp	P	2012-05-02	2014-11-19
	Intel Corp	P	2012-05-02	2014-09-19
	Intel Corp	P	2012-05-02	2014-07-11
	JP Morgan Chase	P	2012-10-19	2014-12-10
	JP Morgan Chase	P	2012-10-19	2014-09-19
	Kimberly Clark	P	2012-05-02	2014-12-10
	Kimberly Clark	P	2012-05-02	2014-10-17
	Kraft Foods Inc	P	2012-05-02	2014-12-10
	Kraft Foods Inc	P	2012-05-02	2014-07-11
	Lockheed Martin Corp	P	2014-01-21	2014-12-10
	Lockheed Martin Corp	P	2014-01-21	2014-10-17
	Lockheed Martin Corp	P	2014-01-21	2014-09-19
	Nextera Energy Inc	P	2012-10-19	2014-12-10
	Nextera Energy Inc	P	2012-09-14	2014-12-10
	Nextera Energy Inc	P	2012-05-02	2014-12-10
	Nextera Energy Inc	P	2014-09-19	2014-12-10
	Nextera Energy Inc	P	2013-11-27	2014-12-10
	Nextera Energy Inc	P	2013-07-02	2014-12-10
	Nextera Energy Inc	P	2013-06-12	2014-12-10
	Nextera Energy Inc	P	2013-01-07	2014-12-10
	Nextera Energy Inc	P	2012-11-02	2014-12-10
	Nextera Energy Inc	P	2012-05-02	2014-11-19
	Nextera Energy Inc	P	2012-05-02	2014-10-17
	Nextera Energy Inc	P	2012-05-02	2014-07-11
	Occidental Pete Corp	P	2013-02-11	2014-07-11
	Paccar Inc	P	2012-05-02	2014-12-10
	Paccar Inc	P	2012-05-02	2014-11-19
	Paccar Inc	P	2012-05-02	2014-10-17
	Paccar Inc	P	2012-05-02	2014-07-11
	Philip Morris Inc	P	2012-05-02	2014-10-17
	Philip Morris Inc	P	2012-05-02	2014-10-17
	PPL Corp	P	2013-07-02	2014-12-10
	PPL Corp	P	2013-07-02	2014-10-17
	PPL Corp	P	2013-07-02	2014-07-11
	Spectra Energy Corp	P	2012-05-02	2014-07-11
	Thomson Reuters Corp	P	2013-03-20	2014-12-10
	Toronto Dominion Bank	P	2012-05-02	2014-09-19
	Toronto Dominion Bank	P	2012-05-02	2014-07-11
	Ventas Inc	P	2012-05-02	2014-12-10
	Ventas Inc	P	2012-05-02	2014-10-17
	Consumer Discretionary SPDR	P	2014-02-04	2014-08-25
	Emerging Global Shares	P	2014-02-04	2014-08-25
	Health Select SPDR	P	2014-02-04	2014-09-19
	Health Select SPDR	P	2014-02-20	2014-08-25
	Ishares Inc Core MSCI	P	2014-02-04	2014-08-25
	Ishares MBS ETF	P	2014-02-04	2014-08-25
	Ishares Tips	P	2014-02-04	2014-09-19
	Ishares 20+Year	P	2014-02-04	2014-09-19
	Market Vectors Emrg Mkts	P	2014-02-04	2014-08-25
	Materials Select Sector	P	2014-02-04	2014-08-25
	Powershares Global	P	2014-02-04	2014-08-25
	Powershares Preferred	P	2014-02-04	2014-08-25
	Sector SPDR Consumers STPL	P	2014-02-04	2014-09-19
	Sector SPDR Consumers STPL	P	2014-02-04	2014-08-25
	Sector SPDR Energy	P	2014-02-04	2014-08-25
	Sector SPDR Industrial	P	2014-02-04	2014-09-19
	Sector SPDR Industrial	P	2014-02-04	2014-08-25
	Sector SPDR Utilities	P	2014-02-04	2014-08-25
	SPDR Barclays	P	2014-02-04	2014-08-25
	SPDR Barclays Intl	P	2014-02-04	2014-09-19
	SPDR Barclays Intl	P	2014-02-04	2014-08-25
	Vanguard Financial ETF	P	2014-02-04	2014-09-19
	Vanguard Financial ETF	P	2014-02-04	2014-08-25
	Vanguard Information	P	2014-02-04	2014-08-25
	Vanguard Short Term Bond	P	2014-02-04	2014-09-19
	Vanguard Short Term Bond	P	2014-02-04	2014-08-25
	Vanguard Telecom Services	P	2014-02-04	2014-08-25
	American Express Co	P	2012-05-22	2015-03-02
	American Express Co	P	2012-05-22	2015-03-02
	American Express Co	P	2012-12-24	2015-03-02
	American Express Co	P	2012-11-02	2015-03-02
	American Express Co	P	2012-08-09	2015-03-02
	American Express Co	P	2012-05-30	2015-03-02
	American Express Co	P	2015-01-30	2015-03-02
	American Express Co	P	2014-10-17	2015-03-02
	American Express Co	P	2014-08-25	2015-03-02
	American Express Co	P	2013-08-12	2015-03-02
	American Wtr Works Inc	P	2012-05-22	2015-04-06
	American Wtr Works Inc	P	2012-05-22	2015-01-30
	Automatic Data Proc	P	2013-05-09	2015-03-02
	Cardinal Health Inc Ohio	P	2013-10-28	2015-03-02
	Cardinal Health Inc Ohio	P	2013-10-28	2015-01-30
	Citigroup Inc	P	2012-11-02	2015-03-02
	Comcast Corp	P	2012-08-09	2015-03-02
	Costco Wholesale Corp	P	2012-05-22	2015-04-06
	Costco Wholesale Corp	P	2012-05-22	2015-01-30
	CVS Health Corp	P	2012-05-22	2015-03-02
	CVS Health Corp	P	2012-05-22	2015-01-30
	Walt Disney Co	P	2014-08-25	2015-04-06
	Walt Disney Co	P	2014-08-25	2015-03-02
	Walt Disney Co	P	2014-08-25	2015-01-30
	Dominion Res Inc New VA	P	2013-07-02	2015-04-06
	Dominion Res Inc New VA	P	2013-07-02	2015-01-30
	Hess Corp	P	2013-08-12	2015-03-02
	Home Depot Inc	P	2012-06-25	2015-03-02
	Home Depot Inc	P	2012-06-25	2015-01-30
	Honeywell Intl Inc	P	2012-05-22	2015-04-06
	Honeywell Intl Inc	P	2012-05-22	2015-01-30
	Mondelez Intl	P	2014-07-11	2015-04-06
	Mondelez Intl	P	2014-07-11	2015-04-06
	Nike Inc	P	2012-05-22	2015-04-06
	Oracle Corp	P	2012-05-22	2015-03-23
	Oracle Corp	P	2012-05-22	2015-01-30
	Schlumberger LTD	P	2012-05-22	2015-04-06
	St Jude Medical Inc	P	2014-10-17	2015-01-30
	St Jude Medical Inc	P	2014-08-25	2015-01-30
	St Jude Medical Inc	P	2014-07-11	2015-01-30
	Thermo Fisher Scientific	P	2013-03-05	2015-04-06
	Thermo Fisher Scientific	P	2103-03-05	2015-01-30
	United Techs Corp	P	2012-05-22	2015-01-30
	Valero Energy Corp	P	2013-04-03	2015-04-06
	Valero Energy Corp	P	2014-10-17	2015-04-06
	Valero Energy Corp	P	2014-07-11	2015-04-06
	Valero Energy Corp	P	2013-07-02	2015-04-06
	Valero Energy Corp	P	2013-06-12	2015-04-06
	Valero Energy Corp	P	2013-05-07	2015-04-06
	Valero Energy Corp	P	2013-04-03	2015-03-02
	Valero Energy Corp	P	2013-04-03	2015-01-30
	Verizon Comunications	P	2014-05-30	2015-04-06
	Visa Inc	P	2012-05-22	2015-03-02
	Visa Inc	P	2012-05-22	2015-01-30
	Consumer Discretionary SPDR	P	2014-12-22	2015-04-27
	Consumer Discretionary SPDR	P	2014-12-22	2015-01-30
	Emerging Global Shares	P	2014-12-22	2015-04-27
	Health Care Select SPDR	P	2014-12-22	2015-04-27
	Health Care Select SPDR	P	2014-12-22	2015-01-30
	Ishares Iboxx	P	2013-06-04	2015-01-30
	Ishares Inc Core MSCI	P	2013-12-09	2015-04-27
	Ishares Inc Core MSCI	P	2013-12-09	2015-01-30
	Ishares MSCI MBS	P	2014-12-22	2015-01-30
	Ishares MSCI EAFE	P	2014-12-22	2015-01-30
	Ishares Tips	P	2014-12-22	2015-01-30
	Ishares 3-7 year	P	2014-12-22	2015-01-30
	Market Vectors Emrg Mkts	P	2014-12-22	2015-01-30
	Materials Select Sector	P	2014-12-22	2015-04-27
	Powershares Global	P	2014-12-22	2015-01-30
	Powershares Preferred	P	2014-12-22	2015-01-30
	Sector SPDR Consumers Stpl	P	2014-12-22	2015-01-30
	Sector SPDR Energy	P	2014-12-22	2015-04-27
	Sector SPDR Energy	P	2014-12-22	2015-01-30
	Sector SPDR Industrial	P	2014-12-22	2015-04-27
	Sector SPDR Industrial	P	2014-12-22	2015-01-30
	Sector SPDR Utilities	P	2014-12-22	2015-01-30
	SPDR Barclays	P	2014-12-22	2015-01-30
	Vanguard Financials ETF	P	2014-12-22	2015-04-27
	Vanguard Financials ETF	P	2014-12-22	2015-01-30
	Vanguard Information Tech	P	2014-12-22	2015-04-27
	Vanguard Information Tech	P	2014-12-22	2015-01-30
	Vanguard Intermediate Term	P	2014-12-22	2015-01-30
	Vanguard Short Term Bond	P	2014-12-22	2015-01-30
	Vanguard Telecom Services	P	2014-12-22	2015-04-27
	Vanguard Telecom Services	P	2014-12-22	2015-01-30
	Altria Group Inc	P	2012-05-02	2015-03-02
	AMN Elec Power Co	P	2013-11-18	2015-04-06
	Anheuser Busch Inbev ADR	P	2014-07-11	2015-03-03
	Astrazeneca PLC	P	2014-12-10	2015-03-23
	AT&T Inc	P	2012-05-02	2015-03-02
	Automatic Data Proc	P	2013-11-27	2015-03-02
	BCE Inc	P	2012-05-10	2015-03-02
	BCE Inc	P	2012-05-02	2015-03-02
	BCE Inc	P	2014-07-11	2015-03-02
	BCE Inc	P	2014-01-21	2015-03-02
	BCE Inc	P	2013-07-02	2015-03-02
	BCE Inc	P	2013-06-12	2015-03-02
	BCE Inc	P	2013-03-20	2015-03-02
	BCE Inc	P	2013-02-11	2015-03-02
	BCE Inc	P	2013-01-07	2015-03-02
	BCE Inc	P	2012-10-19	2015-03-02
	BCE Inc	P	2014-12-10	2015-03-02
	BCE Inc	P	2014-09-19	2015-03-02
	BP PCL SPON ADR	P	2014-09-19	2015-03-02
	Dominion Res Inc	P	2014-12-10	2015-04-06
	Du Pont EI De Nemours	P	2013-07-02	2015-04-06
	Du Pont EI De Nemours	P	2012-11-02	2015-04-06
	Du Pont EI De Nemours	P	2012-10-19	2015-04-06
	Du Pont EI De Nemours	P	2012-10-15	2015-04-06
	Du Pont EI De Nemours	P	2014-11-19	2015-04-06
	Du Pont EI De Nemours	P	2014-07-11	2015-04-06
	Du Pont EI De Nemours	P	2012-10-15	2015-03-02
	Eli Lilly & Co	P	2014-07-11	2015-03-23
	General Electric	P	2012-10-15	2015-03-02
	Kimberly Clark	P	2012-05-02	2015-04-06
	Kraft Foods Group Inc	P	2012-10-15	2015-04-06
	Kraft Foods Group Inc	P	2012-09-14	2015-04-06
	Kraft Foods Group Inc	P	2012-05-10	2015-04-06
	Kraft Foods Group Inc	P	2012-05-02	2015-04-06
	Kraft Foods Group Inc	P	2012-05-02	2015-03-02
	Lockheed Martin Corp	P	2014-01-21	2015-03-02
	McDonalds Corp	P	2012-05-02	2015-03-02
	Occidental Pete Corp	P	2013-02-11	2015-03-02
	PPL Corp	P	2013-07-02	2015-04-06
	PPL Corp	P	2013-07-02	2015-03-23
	Spectra Energy Corp	P	2012-05-02	2015-04-06
	Spectra Energy Corp	P	2012-05-02	2015-03-23
	Thomson Reuters Corp	P	2013-03-20	2015-04-06
	Thomson Reuters Corp	P	2013-03-20	2015-03-23
	Ventas Inc	P	2012-05-02	2015-04-06
	Ventas Inc	P	2012-05-02	2015-03-02
	Verizon Communications	P	2012-05-02	2015-04-06
	Verizon Communications	P	2012-05-02	2015-03-02
	Consumer Discretionary SPDR	P	2014-02-04	2015-04-27
	Consumer Discretionary SPDR	P	2014-02-04	2015-04-06
	Emerging Global Shares	P	2014-02-04	2015-04-06
	Health Care Select SPDR	P	2014-02-04	2015-04-27
	Health Care Select SPDR	P	2014-02-04	2015-04-06
	Ishares Ibixx	P	2014-02-04	2015-04-06
	Ishares Inc Core MSCI	P	2014-02-04	2015-04-27
	Ishares Inc Core MSCI	P	2014-02-04	2015-04-06
	Ishares MBS ETF	P	2014-02-04	2015-04-06
	Ishares MSCI EAFE	P	2014-02-04	2015-04-06
	Materials Select Sector	P	2014-02-04	2015-04-27
	Materials Select Sector	P	2014-02-04	2015-04-06
	Powershares Preferred	P	2014-02-04	2015-04-06
	Sector SPDR Consumers STPL	P	2014-02-04	2015-04-06
	Sector SPDR Energy	P	2014-02-04	2015-04-27
	Sector SPDR Industrial	P	2014-02-04	2015-04-27
	Sector SPDR Industrial	P	2014-02-04	2015-04-06
	Sector SPDR Utilities	P	2014-02-04	2015-04-27
	Sector SPDR Utilities	P	2014-02-04	2015-04-06
	SPDR Barclays	P	2014-02-04	2015-04-06
	Vanguard Financials	P	2014-02-04	2015-04-27
	Vanguard Financials	P	2014-02-04	2015-04-06
	Vanguard Information Tech	P	2014-02-04	2015-04-27
	Vanguard Information Tech	P	2014-02-04	2015-04-06
	Vanguard Intermediate	P	2014-02-04	2015-04-06
	Vanguard Short Term Bond	P	2014-02-04	2015-04-06
	Vanguard Telecom Services	P	2014-02-04	2015-04-27
	Vanguard Telecom Services	P	2014-02-04	2015-04-06
	Hewlett Packard Corp	P	2013-12-19	2014-08-25

(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	105	0	73	32
b	94	0	57	37
c	248	0	168	80
d	50	0	34	16
e	338	0	245	93
	167	0	140	27
	295	0	223	72
	147	0	112	35
	219	0	184	35
	53	0	60	-7
	160	0	177	-17
	107	0	103	4
	374	0	372	2
	27	0	30	-3
	150	0	114	36
	362	0	265	97
	109	0	69	40
	140	0	84	56
	624	0	418	206
	273	0	193	80
	637	0	407	230
	273	0	143	130
	5,914	0	3,189	2,725
	364	0	233	131
	637	0	416	221
	91	0	52	39
	91	0	51	40
	270	0	136	134
	480	0	271	209
	4,669	0	3,548	1,121
	126	0	117	9
	126	0	95	31
	126	0	116	10
	126	0	118	8
	252	0	246	6
	126	0	121	5
	379	0	386	-7
	379	0	385	-6
	126	0	131	-5
	69	0	57	12
	469	0	318	151
	392	0	300	92
	271	0	155	116
	548	0	310	238
	94	0	88	6
	189	0	175	14
	94	0	88	6
	3,211	0	3,112	99
	94	0	100	-6
	94	0	101	-7
	189	0	190	-1
	283	0	286	-3
	189	0	194	-5
	94	0	98	-4
	189	0	205	-16
	544	0	531	13
	524	0	327	197
	125	0	79	46
	408	0	369	39
	3,588	0	3,217	371
	163	0	148	15
	82	0	73	9
	245	0	221	24
	82	0	74	8
	163	0	161	2
	82	0	81	1
	245	0	244	1
	82	0	76	6
	343	0	200	143
	122	0	76	46
	271	0	189	82
	144	0	150	-6
	248	0	118	130
	51	0	32	19
	149	0	165	-16
	32	0	40	-8
	330	0	417	-87
	6	3	9	0
	866	0	1,106	-240
	7	1	8	0
	8	0	8	0
	1,472	0	1,463	9
	205	0	207	-2
	2,098	0	1,824	274
	14,268	0	11,181	3,087
	2,938	0	2,884	54
	2,728	0	2,401	327
	395	0	329	66
	176	0	174	2
	100	0	97	3
	1,055	0	1,026	29
	13,283	0	13,148	135
	1,232	0	1,218	14
	500	0	497	3
	45	0	46	-1
	57	5	62	0
	465	0	530	-65
	59	6	65	0
	479	0	468	11
	953	0	935	18
	50	0	51	-1
	550	0	599	-49
	50	4	54	0
	2,150	0	2,273	-123
	50	3	53	0
	2,544	0	2,711	-167
	95	5	100	0
	157	0	151	6
	112	0	108	4
	1,004	0	1,031	-27
	1,049	0	1,029	20
	96	0	83	13
	37	0	41	-4
	3,499	0	3,296	203
	302	0	280	22
	301	0	280	21
	122	0	105	17
	11	0	12	-1
	80	0	84	-4
	459	0	477	-18
	1,930	0	1,846	84
	149	0	143	6
	574	0	611	-37
	1,059	0	1,121	-62
	352	0	364	-12
	1,199	0	1,104	95
	98	0	90	8
	552	0	620	-68
	662	0	680	-18
	74	0	76	-2
	571	0	566	5
	1,019	0	1,052	-33
	3,513	0	3,505	8
	281	0	291	-10
	1,237	48	1,285	0
	27,603	0	28,262	-659
	727	0	691	36
	1,260	6	1,266	0
	30,911	0	30,493	418
	2,479	0	2,463	16
	2,128	0	2,045	83
	532	0	513	19
	213	0	205	8
	741	0	718	23
	210	0	205	5
	1,628	0	1,600	28
	7,581	0	7,837	-256
	549	0	279	270
	460	0	244	216
	855	0	424	431
	770	0	424	346
	110	0	65	45
	152	0	98	54
	201	0	130	71
	274	0	195	79
	225	0	162	63
	344	0	259	85
	235	0	193	42
	437	0	387	50
	545	0	483	62
	227	0	225	2
	170	0	140	30
	675	0	560	115
	335	0	321	14
	379	0	325	54
	387	0	357	30
	5,706	0	3,831	1,875
	97	0	104	-7
	219	0	130	89
	22	0	30	-8
	17	0	23	-6
	17	0	23	-6
	39	0	49	-10
	167	0	228	-61
	27	0	30	-3
	80	0	91	-11
	27	0	30	-3
	935	0	1,064	-129
	251	0	241	10
	502	0	471	31
	628	0	602	26
	126	0	109	17
	251	0	219	32
	3,263	0	2,979	284
	4,393	0	3,743	650
	126	0	98	28
	126	0	100	26
	6,281	0	6,128	153
	1,159	0	1,198	-39
	945	0	1,052	-107
	152	0	150	2
	579	0	678	-99
	569	0	678	-109
	596	0	754	-158
	429	0	293	136
	576	0	499	77
	266	0	250	16
	694	0	858	-164
	347	0	417	-70
	87	19	106	0
	6,941	0	8,489	-1,548
	174	0	184	-10
	390	0	393	-3
	1,041	0	1,142	-101
	274	0	265	9
	192	0	130	62
	38	0	34	4
	38	0	29	9
	153	0	115	38
	295	0	229	66
	553	0	436	117
	103	0	87	16
	1,189	0	989	200
	1,368	0	1,280	88
	433	0	494	-61
	122	0	85	37
	674	0	467	207
	114	0	75	39
	213	0	157	56
	300	0	210	90
	59	0	42	17
	55	0	42	13
	189	0	155	34
	177	0	155	22
	1,084	0	933	151
	2,866	0	2,018	848
	102	0	68	34
	3,480	0	2,170	1,310
	409	0	381	28
	307	0	254	53
	2,559	0	2,017	542
	307	0	235	72
	102	0	70	32
	205	0	140	65
	207	0	128	79
	189	0	128	61
	495	0	319	176
	88	0	64	24
	201	0	174	27
	553	0	343	210
	597	0	386	211
	117	0	86	31
	195	0	129	66
	178	0	129	49
	86	5	91	0
	86	0	91	-5
	35	0	30	5
	200	0	180	20
	475	0	419	56
	1,189	0	875	314
	212	0	187	25
	156	0	129	27
	104	0	84	20
	359	0	293	66
	733	0	591	142
	1,194	0	1,064	130
	206	0	186	20
	228	0	192	36
	130	0	110	20
	634	0	552	82
	755	0	638	117
	325	0	320	5
	336	1	337	0
	342	0	325	17
	48	0	44	4
	101	0	87	14
	88	0	81	7
	29	0	28	1
	91	0	80	11
	811	0	721	90
	783	0	660	123
	54	0	49	5
	543	0	488	55
	470	0	423	47
	910	0	891	19
	405	0	406	-1
	779	0	755	24
	48	0	42	6
	708	0	635	73
	505	0	430	75
	2,238	0	2,250	-12
	1,442	0	1,446	-4
	436	0	395	41
	82	0	56	26
	5,086	0	3,525	1,561
	82	0	58	24
	82	0	57	25
	246	0	170	76
	82	0	56	26
	574	0	567	7
	164	0	165	-1
	246	0	269	-23
	246	0	225	21
	221	0	134	87
	449	0	269	180
	90	0	61	29
	180	0	112	68
	250	0	167	83
	265	0	189	76
	300	0	172	128
	152	0	84	68
	286	0	167	119
	104	0	45	59
	687	0	317	370
	106	0	90	16
	529	0	452	77
	91	0	90	1
	73	0	57	16
	385	0	283	102
	74	0	75	-1
	350	0	155	195
	418	0	207	211
	105	0	57	48
	98	0	57	41
	296	7	303	0
	37	0	38	-1
	100	0	54	46
	89	0	53	36
	252	0	158	94
	173	0	134	39
	330	0	292	38
	726	0	713	13
	6,139	0	6,486	-347
	133	0	76	57
	125	0	76	49
	345	0	223	122
	1,960	0	1,249	711
	594	0	453	141
	653	0	548	105
	831	0	474	357
	59	0	39	20
	1,366	0	903	463
	357	0	227	130
	371	0	265	106
	99	0	100	-1
	276	0	118	158
	256	0	118	138
	387	0	358	29
	140	0	143	-3
	28	0	25	3
	514	0	488	26
	416	0	418	-2
	619	0	585	34
	106	0	100	6
	94	0	100	-6
	1,323	0	1,316	7
	429	0	434	-5
	347	0	337	10
	751	0	734	17
	127	0	128	-1
	915	0	879	36
	403	0	396	7
	59	0	58	1
	528	0	539	-11
	655	0	638	17
	226	0	239	-13
	395	0	400	-5
	273	0	286	-13
	629	0	610	19
	312	0	311	1
	544	0	548	-4
	282	0	299	-17
	441	0	425	16
	101	0	106	-5
	1,308	0	1,279	29
	806	0	801	5
	540	0	511	29
	333	0	341	-8
	566	0	324	242
	57	0	48	9
	1,018	0	902	116
	433	14	447	0
	206	0	199	7
	449	0	350	99
	44	0	40	4
	2,668	0	2,479	189
	87	0	91	-4
	350	0	341	9
	394	0	368	26
	918	0	904	14
	44	0	46	-2
	44	0	44	0
	44	0	43	1
	2,274	0	2,249	25
	262	0	270	-8
	306	0	305	1
	740	0	836	-96
	218	0	221	-3
	215	0	158	57
	573	0	357	216
	2,079	0	1,448	631
	1,577	0	1,073	504
	72	0	71	1
	287	0	259	28
	390	0	244	146
	696	0	562	134
	52	0	45	7
	2,261	0	1,577	684
	2,483	0	1,331	1,152
	89	0	42	47
	89	0	42	47
	355	0	168	187
	385	0	252	133
	405	0	311	94
	1,008	0	975	33
	77	0	84	-7
	34	0	30	4
	170	0	150	20
	73	0	62	11
	252	0	219	33
	84	0	64	20
	204	0	161	43
	231	0	177	54
	151	0	118	33
	50	0	41	9
	442	0	365	77
	77	0	62	15
	381	0	309	72
	28	0	24	4
	294	0	221	73
	577	0	442	135
	973	0	930	43
	53	0	46	7
	50	0	46	4
	551	0	533	18
	264	0	251	13
	610	0	522	88
	49	0	44	5
	30	0	28	2
	744	0	601	143
	164	1	165	0
	226	0	195	31
	391	0	341	50
	89	0	77	12
	453	0	385	68
	432	0	445	-13
	198	0	169	29
	496	0	423	73
	220	0	172	48
	319	0	258	61
	605	0	585	20
	2,014	0	2,009	5
	180	0	158	22
	267	0	237	30
	409	0	309	100

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	0	0	0	32
b	0	0	0	37
c	0	0	0	80
d	0	0	0	16
e	0	0	0	93
	0	0	0	27
	0	0	0	72
	0	0	0	35
	0	0	0	35
	0	0	0	-7
	0	0	0	-17
	0	0	0	4
	0	0	0	2
	0	0	0	-3
	0	0	0	36
	0	0	0	97
	0	0	0	40
	0	0	0	56
	0	0	0	206
	0	0	0	80
	0	0	0	230
	0	0	0	130
	0	0	0	2,725
	0	0	0	131
	0	0	0	221
	0	0	0	39
	0	0	0	40
	0	0	0	134
	0	0	0	209
	0	0	0	1,121
	0	0	0	9
	0	0	0	31
	0	0	0	10
	0	0	0	8
	0	0	0	6
	0	0	0	5
	0	0	0	-7
	0	0	0	-6
	0	0	0	-5
	0	0	0	12
	0	0	0	151
	0	0	0	92
	0	0	0	116
	0	0	0	238
	0	0	0	6
	0	0	0	14
	0	0	0	6
	0	0	0	99
	0	0	0	-6
	0	0	0	-7
	0	0	0	-1
	0	0	0	-3
	0	0	0	-5
	0	0	0	-4
	0	0	0	-16
	0	0	0	13
	0	0	0	197
	0	0	0	46
	0	0	0	39
	0	0	0	371
	0	0	0	15
	0	0	0	9
	0	0	0	24
	0	0	0	8
	0	0	0	2
	0	0	0	1
	0	0	0	1
	0	0	0	6
	0	0	0	143
	0	0	0	46
	0	0	0	82
	0	0	0	-6
	0	0	0	130
	0	0	0	19
	0	0	0	-16
	0	0	0	-8
	0	0	0	-87
	0	0	0	0
	0	0	0	-240
	0	0	0	0
	0	0	0	0
	0	0	0	9
	0	0	0	-2
	0	0	0	274
	0	0	0	3,087
	0	0	0	54
	0	0	0	327
	0	0	0	66
	0	0	0	2
	0	0	0	3
	0	0	0	29
	0	0	0	135
	0	0	0	14
	0	0	0	3
	0	0	0	-1
	0	0	0	0
	0	0	0	-65
	0	0	0	0
	0	0	0	11
	0	0	0	18
	0	0	0	-1
	0	0	0	-49
	0	0	0	0
	0	0	0	-123
	0	0	0	0
	0	0	0	-167
	0	0	0	0
	0	0	0	6
	0	0	0	4
	0	0	0	-27
	0	0	0	20
	0	0	0	13
	0	0	0	-4
	0	0	0	203
	0	0	0	22
	0	0	0	21
	0	0	0	17
	0	0	0	-1
	0	0	0	-4
	0	0	0	-18
	0	0	0	84
	0	0	0	6
	0	0	0	-37
	0	0	0	-62
	0	0	0	-12
	0	0	0	95
	0	0	0	8
	0	0	0	-68
	0	0	0	-18
	0	0	0	-2
	0	0	0	5
	0	0	0	-33
	0	0	0	8
	0	0	0	-10
	0	0	0	0
	0	0	0	-659
	0	0	0	36
	0	0	0	0
	0	0	0	418
	0	0	0	16
	0	0	0	83
	0	0	0	19
	0	0	0	8
	0	0	0	23
	0	0	0	5
	0	0	0	28
	0	0	0	-256
	0	0	0	270
	0	0	0	216
	0	0	0	431
	0	0	0	346
	0	0	0	45
	0	0	0	54
	0	0	0	71
	0	0	0	79
	0	0	0	63
	0	0	0	85
	0	0	0	42
	0	0	0	50
	0	0	0	62
	0	0	0	2
	0	0	0	30
	0	0	0	115
	0	0	0	14
	0	0	0	54
	0	0	0	30
	0	0	0	1,875
	0	0	0	-7
	0	0	0	89
	0	0	0	-8
	0	0	0	-6
	0	0	0	-6
	0	0	0	-10
	0	0	0	-61
	0	0	0	-3
	0	0	0	-11
	0	0	0	-3
	0	0	0	-129
	0	0	0	10
	0	0	0	31
	0	0	0	26
	0	0	0	17
	0	0	0	32
	0	0	0	284
	0	0	0	650
	0	0	0	28
	0	0	0	26
	0	0	0	153
	0	0	0	-39
	0	0	0	-107
	0	0	0	2
	0	0	0	-99
	0	0	0	-109
	0	0	0	-158
	0	0	0	136
	0	0	0	77
	0	0	0	16
	0	0	0	-164
	0	0	0	-70
	0	0	0	0
	0	0	0	-1,548
	0	0	0	-10
	0	0	0	-3
	0	0	0	-101
	0	0	0	9
	0	0	0	62
	0	0	0	4
	0	0	0	9
	0	0	0	38
	0	0	0	66
	0	0	0	117
	0	0	0	16
	0	0	0	200
	0	0	0	88
	0	0	0	-61
	0	0	0	37
	0	0	0	207
	0	0	0	39
	0	0	0	56
	0	0	0	90
	0	0	0	17
	0	0	0	13
	0	0	0	34
	0	0	0	22
	0	0	0	151
	0	0	0	848
	0	0	0	34
	0	0	0	1,310
	0	0	0	28
	0	0	0	53
	0	0	0	542
	0	0	0	72
	0	0	0	32
	0	0	0	65
	0	0	0	79
	0	0	0	61
	0	0	0	176
	0	0	0	24
	0	0	0	27
	0	0	0	210
	0	0	0	211
	0	0	0	31
	0	0	0	66
	0	0	0	49
	0	0	0	0
	0	0	0	-5
	0	0	0	5
	0	0	0	20
	0	0	0	56
	0	0	0	314
	0	0	0	25
	0	0	0	27
	0	0	0	20
	0	0	0	66
	0	0	0	142
	0	0	0	130
	0	0	0	20
	0	0	0	36
	0	0	0	20
	0	0	0	82
	0	0	0	117
	0	0	0	5
	0	0	0	0
	0	0	0	17
	0	0	0	4
	0	0	0	14
	0	0	0	7
	0	0	0	1
	0	0	0	11
	0	0	0	90
	0	0	0	123
	0	0	0	5
	0	0	0	55
	0	0	0	47
	0	0	0	19
	0	0	0	-1
	0	0	0	24
	0	0	0	6
	0	0	0	73
	0	0	0	75
	0	0	0	-12
	0	0	0	-4
	0	0	0	41
	0	0	0	26
	0	0	0	1,561
	0	0	0	24
	0	0	0	25
	0	0	0	76
	0	0	0	26
	0	0	0	7
	0	0	0	-1
	0	0	0	-23
	0	0	0	21
	0	0	0	87
	0	0	0	180
	0	0	0	29
	0	0	0	68
	0	0	0	83
	0	0	0	76
	0	0	0	128
	0	0	0	68
	0	0	0	119
	0	0	0	59
	0	0	0	370
	0	0	0	16
	0	0	0	77
	0	0	0	1
	0	0	0	16
	0	0	0	102
	0	0	0	-1
	0	0	0	195
	0	0	0	211
	0	0	0	48
	0	0	0	41
	0	0	0	0
	0	0	0	-1
	0	0	0	46
	0	0	0	36
	0	0	0	94
	0	0	0	39
	0	0	0	38
	0	0	0	13
	0	0	0	-347
	0	0	0	57
	0	0	0	49
	0	0	0	122
	0	0	0	711
	0	0	0	141
	0	0	0	105
	0	0	0	357
	0	0	0	20
	0	0	0	463
	0	0	0	130
	0	0	0	106
	0	0	0	-1
	0	0	0	158
	0	0	0	138
	0	0	0	29
	0	0	0	-3
	0	0	0	3
	0	0	0	26
	0	0	0	-2
	0	0	0	34
	0	0	0	6
	0	0	0	-6
	0	0	0	7
	0	0	0	-5
	0	0	0	10
	0	0	0	17
	0	0	0	-1
	0	0	0	36
	0	0	0	7
	0	0	0	1
	0	0	0	-11
	0	0	0	17
	0	0	0	-13
	0	0	0	-5
	0	0	0	-13
	0	0	0	19
	0	0	0	1
	0	0	0	-4
	0	0	0	-17
	0	0	0	16
	0	0	0	-5
	0	0	0	29
	0	0	0	5
	0	0	0	29
	0	0	0	-8
	0	0	0	242
	0	0	0	9
	0	0	0	116
	0	0	0	0
	0	0	0	7
	0	0	0	99
	0	0	0	4
	0	0	0	189
	0	0	0	-4
	0	0	0	9
	0	0	0	26
	0	0	0	14
	0	0	0	-2
	0	0	0	0
	0	0	0	1
	0	0	0	25
	0	0	0	-8
	0	0	0	1
	0	0	0	-96
	0	0	0	-3
	0	0	0	57
	0	0	0	216
	0	0	0	631
	0	0	0	504
	0	0	0	1
	0	0	0	28
	0	0	0	146
	0	0	0	134
	0	0	0	7
	0	0	0	684
	0	0	0	1,152
	0	0	0	47
	0	0	0	47
	0	0	0	187
	0	0	0	133
	0	0	0	94
	0	0	0	33
	0	0	0	-7
	0	0	0	4
	0	0	0	20
	0	0	0	11
	0	0	0	33
	0	0	0	20
	0	0	0	43
	0	0	0	54
	0	0	0	33
	0	0	0	9
	0	0	0	77
	0	0	0	15
	0	0	0	72
	0	0	0	4
	0	0	0	73
	0	0	0	135
	0	0	0	43
	0	0	0	7
	0	0	0	4
	0	0	0	18
	0	0	0	13
	0	0	0	88
	0	0	0	5
	0	0	0	2
	0	0	0	143
	0	0	0	0
	0	0	0	31
	0	0	0	50
	0	0	0	12
	0	0	0	68
	0	0	0	-13
	0	0	0	29
	0	0	0	73
	0	0	0	48
	0	0	0	61
	0	0	0	20
	0	0	0	5
	0	0	0	22
	0	0	0	30
	0	0	0	100

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	33,239
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	7,728

Part V

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

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

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

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

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

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2013			0.000000
2012
2011
2010
2009

2	Total of line 1, column (d) ......................	2	0.000000
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	0.000000
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4
5	Multiply line 4 by line 3.......................	5
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	332
7	Add lines 5 and 6.........................	7	332
8	Enter qualifying distributions from Part XII, line 4..............	8	0
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2014)

Page 4

Part VI

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

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	665
	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	665
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	665
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	1,500
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	1,500
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	835
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax0	Refunded	11	835

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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?........

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

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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?

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

Yes

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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

and addresses. ...............................

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

BRIGITTE LAXDAL Telephone no. bullet

(719) 591-6147

Located at bullet

2207 Wold AvenueColorado SpringsCO ZIP+4 bullet

80909

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

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

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

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

16 No

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

Form 990-PF (2014)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

If "Yes," list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2014)

Page 7

Part VIII

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

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
THOMAS BUSH	Director 0	6,000	0	0
2207Wold Avenue Colorado Springs,CO80909	Director 0	6,000	0	0
BRUNHILDE BUSH	Director 0	6,000	0	0
2207 Wold Avenue Colorado Springs,CO80909	Director 0	6,000	0	0
BRIGETTE LAXDAL	Director 0	6,000	0	0
2207 Wold Avenue Colorado Springs,CO80909	Director 0	6,000	0	0
PATRICK BUSH	Director 0	6,000	0	0
2207 Wold Avenue Colorado Springs,CO80909	Director 0	6,000	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	Student Scholarships	10,000
2	Other Non-Profit DonationsNational Watercolor SocietyTransparent Watercolor Society	3,000
3


4

Form 990-PF (2014)

Page 8

Part IX-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Part X

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

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

purposes:

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

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

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

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

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

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

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

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

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

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

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 (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					0
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......
b Total for prior years:20, 20, 20
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.........
4Qualifying distributions for 2014 from Part
XII, line 4: $
a Applied to 2013, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions).........
d Applied to 2014 distributable amount.....
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2014.
(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
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2013. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2014. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......
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)

Page 10

Part XIV

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

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

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

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2014	(b) 2013	(c) 2012	(d) 2011	(e) Total
	0				0
b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....				21,600	21,600
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 ....				21,600	21,600
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......					0
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)					0
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...					0
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) ....					0
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....					0
(3) Largest amount of support from an exempt organization					0
(4) Gross investment income					0

Part XV

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

1Information Regarding Foundation Managers:

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

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

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

Check here bullet

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

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

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

cAny submission deadlines:

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

Form 990-PF (2014)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ALEXIS MCAULIFFE 846 Huntington Avenue 1 Boston,MA02115		Student	Education	2,000
JULIANNE MERINO 846 Huntington Avenue 3 Boston,MA02115		Student	Education	2,000
KELLY L HARTLIEB 204 Ohio Terrace Sandusky,OH44870		Student	Education	2,000
KIMBERLEE TROWBRIDGE 5365 Summerwood Drive Seville,OH44273		Student	Education	2,000
CHRISTIAN PALENCAR 3435 Hamlin Road Medina,OH44256		Student	Education	2,000
National Watercolor Society 915 S Pacific Avenue San Pedro,CA90731		501 C	Education	1,500
Transparent Watercolor Society 39011 N Sheridan Road Antioch,IL60002		501 C	Education	1,500
Total ................................. 3a				13,000

bApproved for future payment

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

Form 990-PF (2014)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
aSecurity Service FCU	551111	16
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ............
4 Dividends and interest from securities....
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 .............
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)..		16

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

1316

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2014)

Page 13

Part XVII

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

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

Yes

organizations?

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:
Part VI Line 7 -Original Return Overpayment:	-1,500

Form 990PF - Special Condition Description:

Special Condition Description

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
CA Atty General Foundation Annual	75
CA Franchise Tax Annual Tax	25
CO S.O.S. Annual Registration	10

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Postage and Shipping	505
Computer and Internet	1,523
Office Supplies	3,620
Storage Rent	5,258
Advisory Service Scholarships
Purchase of Art	1,869
Gifts Given	320
Office Computer
Office Rent
Scholarship Contributions
Investment Service Fees

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
Non-Reported Interest
Municipal Bond Interest
Tax Free Dividends
Foreign Dividends

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Jan Jennings Writer	540
Glen Draeger Website	653
Allan Morrow Picture Framing	808
Photokunst LLC Exhibition Services	27,884

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
Artworks	446,119	448,521	448,521
Artworks	446,119	448,521	448,521
Artworks	446,119	448,521	448,521