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
QUAIL ROOST FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)16 E LANCASTER AVENUE SUITE 102   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ARDMORE, PA19003
A Employer identification number

76-0754268
B Telephone number (see instructions)

(575) 770-8247
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$4,844,548J 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 3,191 3,191 3,191
4 Dividends and interest from securities...... 87,144 87,144 87,144
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 217,914
b Gross sales price for all assets on line 6a 3,337,533
7 Capital gain net income (from Part IV, line 2)... 217,914
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........ 308,249 308,249 90,335
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 17,723 1,772   15,951
15 Pension plans, employee benefits....... 10,373 1,038   9,335
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 28,761 11,064   17,697
c Other professional fees (attach schedule).... Click to see attachment 5,361 536   4,825
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,133     2,133
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 2,076 208   1,868
21 Travel, conferences, and meetings....... 10,202 848   9,354
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 62,235 37,568   24,667
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 138,864 53,034   85,830
25 Contributions, gifts, grants paid........ 259,025 259,025
26 Total expenses and disbursements. Add lines 24 and 25 397,889 53,034   344,855
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -89,640
b Net investment income (if negative, enter -0-) 255,215
c Adjusted net income (if negative, enter -0-)... 90,335
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 787,875 274,443 274,443
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...........   6,894  
10a Investments—U.S. and state government obligations (attach schedule)   Click to see attachment456,997 457,899
b Investments—corporate stock (attach schedule)........ 1,976,479 Click to see attachment2,457,910 2,708,655
c Investments—corporate bonds (attach schedule)........ 1,942,626 Click to see attachment1,419,537 1,403,551
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
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) 4,706,980 4,615,781 4,844,548
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) Click to see attachment1,559  
23 Total liabilities (add lines 17 through 22).......... 1,559 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.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 4,705,421 4,615,781
30 Total net assets or fund balances (see instructions)...... 4,705,421 4,615,781
31 Total liabilities and net assets/fund balances (see instructions).. 4,706,980 4,615,781
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 4,705,421
2 Enter amount from Part I, line 27a..................... 2 -89,640
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 4,615,781
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 4,615,781
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 RIDGEWORTH US GOV SEC P 2013-10-16 2014-06-02
b FIRST SOLAR INC P 2014-09-03 2014-10-23
c PAX WORLD SMALL P 2014-06-02 2014-09-03
d CRA QUALIFIED P 2013-02-11 2014-06-02
e ACCESS CAPITAL COMMUNITY P 2014-06-01 2014-10-15
CRA QUALIFIED P 2012-01-24 2014-06-02
HALYARD HEALTH P 2014-09-03 2014-11-03
ROCKWELL AUTOMATION P 2014-09-03 2014-09-19
DOMINI INTL SOCIAL EQTY P 2013-02-11 2014-09-03
CALVERT BOND PORT CL P 2013-02-01 2014-09-16
FRANKILIN TEMPLETON P 2012-01-24 2014-05-28
HALYARD HEALTH P 2014-09-03 2014-11-12
SHELTON GREEN ALPHA P 2014-06-02 2014-09-03
FRANKILIN TEMPLETON P 2013-02-11 2014-05-28
CRA QUALIFIED P 2013-02-01 2014-10-15
GABELLI SRI FUND I P 2012-01-24 2014-05-28
HARTFORD FINL SVCS P 2014-09-03 2014-09-19
STARWOOD HTLS & RSTS NEW P 2014-09-03 2014-12-12
GABELLI SRI FUND I P 2013-02-11 2014-05-28
PAX WORLD HIGH YIELD P 2014-06-01 2014-09-16
AMERICAN EXPRESS COM P 2014-09-03 2014-09-19
JARDEN CORP P 2014-09-03 2014-10-23
SUPERIOR ENERGY SERVICES P 2014-09-03 2014-10-02
PARNASSUS CORE P 2013-02-11 2014-06-02
PRAXIS INTERMEDIATE INCM P 2013-02-01 2014-10-15
AMERICAN EXPRESS COM P 2014-09-03 2014-10-23
JOHNSON & JOHNSON P 2014-09-03 2014-12-12
SUPERIOR ENERGY SERVICES P 2014-09-03 2014-11-14
PARNASSUS CORE P 2013-02-11 2014-09-03
RIDGEWORTH US GOV SEC P 2014-06-01 2014-09-16
ARCBEST CORPORATION P 2014-09-03 2014-10-23
JOHNSON CONTROLS INC P 2014-09-03 2014-09-19
TENNECO INC P 2014-09-03 2014-10-23
PARNASSUS MID CAP P 2013-02-11 2014-06-02
SIT US GOVT SEC P 2013-02-01 2014-09-16
BORG WARNER INC P 2014-09-03 2014-10-02
KIMBERLY-CLARK CORP P 2014-09-03 2014-09-19
THE WHITEWAVE FOODSF P 2014-09-03 2014-12-12
PARNASSUS MID CAP P 2013-02-11 2014-09-03
TEMPLETON GLOBAL BOND P 2013-02-01 2014-09-16
BT GROUP PLC ADR P 2014-09-03 2014-09-19
KORN/FERRY INTERNATIONAL P 2014-09-03 2014-10-02
THERMO FISHER SCIENTIFIC P 2014-09-03 2014-10-23
PARNASSUS SMALL CAP P 2013-02-11 2014-06-02
CVS HEALTH CORP P 2014-09-03 2014-12-12
MASTERCARD P 2014-09-03 2014-09-19
TIAA CREF SOCIAL CHOICE P 2014-06-02 2014-09-03
PARNASSUS SMALL CAP P 2013-02-11 2014-09-03
CALVERT GLOBAL WATER P 2014-06-02 2014-09-03
MASTERCARD P 2014-09-03 2014-10-02
TRINITY INDUSTRIES P 2014-09-03 2014-10-23
PAX WLD GBL P 2013-02-11 2014-06-02
COLGATE-PALMOLIVE CO P 2014-09-03 2014-09-19
MCCGRAW-HILL FINANCIAL P 2014-09-03 2014-12-12
WILEY JOHN & SON P 2014-09-03 2014-12-12
PAX WLD GBL P 2013-02-11 2014-09-03
COLGATE-PALMOLIVE CO P 2014-09-03 2014-12-12
NATIONAL FUEL GAS CO P 2014-09-03 2014-10-23
APPLESEED FD INST P 2013-02-11 2014-09-03
PAX WORLD HIGH YIELD P 2013-02-11 2014-09-03
EAST WEST BANCORP P 2014-09-03 2014-10-23
ONEOK INC NEW P 2014-09-03 2014-12-12
CALVERT INTL OPPTY FD P 2013-02-11 2014-06-02
PORTFOLIO 21 GLOBAL P 2013-02-11 2014-09-03
EXTERRAN HOLDINGS INC P 2014-09-03 2014-12-23
PARNASSUS ENDEAVOR P 2014-06-02 2014-09-03
CALVERT INTL OPPTY FD P 2013-02-11 2014-09-03
SIT US GOVT SEC P 2013-02-11 2014-06-02
(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 12,392   12,355 37
b 12,607   16,089 -3,482
c 46,654   45,865 789
d 121,253   125,992 -4,739
e 69,066   68,797 269
59,535   60,454 -919
23   22 1
11,124   11,093 31
104,366   88,392 15,974
108,420   110,427 -2,007
44,430   46,082 -1,652
452   430 22
73,840   68,797 5,043
64,845   66,256 -1,411
92,650   94,862 -2,212
89,152   72,420 16,732
8,500   8,304 196
17,921   18,867 -946
77,395   66,256 11,139
83,797   84,209 -412
8,083   8,119 -36
16,353   16,018 335
5,925   6,718 -793
116,744   94,233 22,511
109,869   110,477 -608
6,495   6,856 -361
12,089   11,923 166
5,313   7,602 -2,289
188,653   148,706 39,947
114,662   114,662  
18,259   19,153 -894
6,784   7,072 -288
16,203   19,481 -3,278
19,564   16,052 3,512
115,078   117,890 -2,812
14,986   17,454 -2,468
10,704   10,784 -80
14,977   15,305 -328
117,300   94,375 22,925
130,933   132,512 -1,579
14,360   14,148 212
16,640   20,388 -3,748
13,431   14,228 -797
52,030   47,139 4,891
16,305   14,510 1,795
8,136   7,970 166
143,878   137,594 6,284
46,513   41,202 5,311
69,032   68,797 235
7,418   7,666 -248
12,854   17,260 -4,406
9,561   7,607 1,954
14,709   14,497 212
9,816   9,496 320
16,664   17,487 -823
45,788   36,564 9,224
7,605   7,087 518
9,177   10,050 -873
118,924   110,427 8,497
70,782   70,389 393
14,426   14,616 -190
8,981   14,164 -5,183
19,503   15,457 4,046
104,261   88,342 15,919
16,707   24,834 -8,127
120,177   114,662 5,515
92,128   72,884 19,244
57,339   58,793 -1,454
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       37
b       -3,482
c       789
d       -4,739
e       269
      -919
      1
      31
      15,974
      -2,007
      -1,652
      22
      5,043
      -1,411
      -2,212
      16,732
      196
      -946
      11,139
      -412
      -36
      335
      -793
      22,511
      -608
      -361
      166
      -2,289
      39,947
       
      -894
      -288
      -3,278
      3,512
      -2,812
      -2,468
      -80
      -328
      22,925
      -1,579
      212
      -3,748
      -797
      4,891
      1,795
      166
      6,284
      5,311
      235
      -248
      -4,406
      1,954
      212
      320
      -823
      9,224
      518
      -873
      8,497
      393
      -190
      -5,183
      4,046
      15,919
      -8,127
      5,515
      19,244
      -1,454
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 2 217,914
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 -17,904
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 233,108 4,826,557 0.048297
2012 213,482 4,654,224 0.045868
2011 205,900 4,537,464 0.045378
2010 181,932 4,005,542 0.045420
2009 215,609 1,866,678 0.115504
2 Total of line 1, column (d) ...................... 2 0.300467
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 0.060093
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 4,871,367
5 Multiply line 4 by line 3....................... 5 292,735
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 2,552
7 Add lines 5 and 6......................... 7 295,287
8 Enter qualifying distributions from Part XII, line 4.............. 8 344,855
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 2,552
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 2,552
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 2,552
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 4,996
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,996
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 4,444
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet4,444 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the 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)
    bulletNM
    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 ofbulletMARGARET BRENNAN Telephone no.bullet (610) 896-3868
    Located atbullet16 E LANCASTER AVENUESUITE 102ARDMOREPA ZIP+4bullet19003
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
     
    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
     
    No
    .........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
    FRED DOERR TRUSTEE
    2.50     		0 0 0
    16 E LANCASTER AVE
    SUITE 102
    ARDMORE,PA19003
    LORETTA ORTIZ Y PINO TRUSTEE
    2.00     		0 0 0
    16 E LANCASTER AVENUE
    SUITE 102
    ARDMORE,PA19003
    JEFF SANDERS SECRETARY/TR
    4.81     		0 0 0
    16 E LANCASTER AVENUE
    SUITE 102
    ARDMORE,PA19003
    MEHDI SHELHAMER TRUSTEE
    1.00     		0 0 0
    16 E LANCASTER AVENUE
    SUITE 102
    ARDMORE,PA19003
    H'KRIH SHELHAMER TRUSTEE
    1.00     		0 0 0
    16 E LANCASTER AVENUE
    SUITE 102
    ARDMORE,PA19003
    CAROL WHITE VICE CHAIR/T
    1.00     		0 0 0
    16 E LANCASTER AVENUE
    SUITE 102
    ARDMORE,PA19003
    HA WHITE TRUSTEE/CHAI
    5.00     		0 0 0
    16 E LANCASTER AVENUE
    SUITE 102
    ARDMORE,PA19003
    KERRY HEUBECK TRUSTEE
    1.35     		0 0 0
    16 E LANCASTER AVENUE
    SUITE 102
    ARDMORE,PA19003
    SANJAY POOVANDAN TREASURER/TR
    1.00     		0 0 0
    16 E LANCASTER AVENUE
    SUITE 102
    ARDMORE,PA19003
    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  
    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
     
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    4,372,879
    b
    Average of monthly cash balances.......................
    1b
    572,671
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,945,550
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    4,945,550
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    74,183
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,871,367
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    243,568
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    243,568
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    2,552
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,552
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    241,016
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    241,016
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    241,016
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    344,855
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    344,855
    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
    2,552
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    342,303
    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 7 241,016
    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....... 106,225
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e......... 106,225
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 344,855
    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..... 241,016
    e Remaining amount distributed out of corpus 103,839
    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 5 210,064
    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) ...     		106,225
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		103,839
    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.... 103,839
    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 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)
    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
    MATI NGO
    67/1 SA SARKER RD
    SANKIPARA,MYMENSINGH2200
    BG     		NA NC SUPPORT FOR KAILAKURI HEALTH CARE PR 17,025
    THE DANIELS HAMANT FOUNDATION
    1427 WILLIAM ST
    RIVER FOREST,IL60305     		NA PF CENTRO MEDICO HUMBERTO PARRA- TO SUP 3,000
    THE DANIELS HAMANT FOUNDATION
    1427 WILLIAM ST
    RIVER FOREST,IL60305     		NA PF CENTRO MEDICO HUMBERTO PARRA 1,000
    WINDHORSE SANTUARY
    597 NE RIDGE LOOP
    MADISON,FL32340     		NA PF GENERAL OPERATING SUPPORT 8,000
    WINDHORSE SANTUARY
    597 NE RIDGE LOOP
    MADISON,FL32340     		NA PF CRISIS AT WINDHORSE SANCTUARY 2,000
    EL PUEBLITO UNITED METHODIST CHURCH
    PO BOX 895
    RANCHOS DE TAOS,NM87557     		NA AFFILIATED R GENERAL OPERATING SUPPORT 3,000
    NGUYEN NGA CENTER
    91A DONG DA
    QUY NHON CITY,BIHN DINH  
    VM     		NA NC GENERAL OPERATING SUPPORT 2,000
    NGUYEN NGA CENTER
    91A DONG DA
    QUY NHON CITY,BINH DINH  
    VM     		NA NC GENERAL OPERATING SUPPORT 2,000
    CIMARRON PUBLIC SCHOOLS
    PO BOX 287
    EAGLE NEST,NM87718     		NA GOV EAGLE NEST SCHOOLS: BARN PROJECT 3,000
    INSTITUTE FOR PEACE STUDIES
    ROCKY MOUNTAIN COLLEGE A
    BILLINGS,MT59102     		NA GOV CHARITABLE AND EDUCATIONAL PROGRAMS 8,200
    ADOPT-A-CLASSROOM INC
    110 N 5TH STREET 10TH F
    MINNEAPOLIS,MN55403     		NA PC FINANCIAL SUPPORT FOR CLASSROOMS IN 1,500
    AMERICAN FRIENDS SERVICE COMMITTEE
    1501 CHERRY STREET
    PHILADELPHIA,PA19102     		NA PC EMERGENCY ASSISTANCE IN GAZA 5,000
    AMERICAN REFUGEE COMMITTEE
    615 1ST AVE NE SUITE 50
    MINNEAPOLIS,MN554132681     		NA PC REFUGEE RELIEF EFFORTS "CRISIS IN SO 5,000
    ARTS WITHOUT BOUNDARIES FOUNDATION
    67 WEST FIELDVIEW CIRCLE
    BOZEMAN,MT59715     		NA PC GENERAL OPERATING SUPPORT 1,000
    BRIDGES PROJECT FOR EDUCATION
    PO BOX 308
    TAOS,NM87571     		NA PC EDUCATIONAL WORKSHOP 5,000
    BURMA HUMANITARIAN MISSION
    3395 E DEER HOLLOW CIRCL
    SANDY,UT84092     		NA PC THE BACKPACK HEALTH WORKER 4,000
    CAMFED USA FOUNDATION
    465 CALIFORNIA STREET SUI
    SAN FRANCISCO,CA94104     		NA PC FOR THE SAFETY NET FUND 1,000
    CARBONFUND ORG
    3 BETHESDA METRO CENTER
    BETHESDA,MD20814     		NA PC REFORESTATION/AVOIDED DEFORESTATION 750
    COMMUNITY AGAINST VIOLENCE INC
    PO BOX 169
    TAOS,NM87571     		NA PC CHILDREN'S COUNSELING PROGRAM 3,000
    CONCRETE COUCH
    211 ILLINOIS AVENUE
    MANITOU SPRINGS,CO80829     		NA PC GENERAL OPERATING SUPPORT 500
    CONSERVATION TRUST FOR FLORIDA INC
    PO BOX 134
    MICANOPY,FL326670134     		NA PC GENERAL OPERATING SUPPORT 5,000
    CREATIVITY FOR PEACE INC
    369 MONTEZUMA AVENUE 566
    SANTA FE,NM87501     		NA PC GENERAL OPERATING SUPPORT 10,000
    DREAMTREE PROJECT INC
    PO BOX 1677
    TAOS,NM87571     		NA PC GENERAL OPERATING SUPPORT 1,000
    EDUCATIONAL EMPOWERMENT
    328 WYATT WAY NE
    BAINBRIDGE ISLAND,WA98110     		NA PC BOOKS FOR BURMA 4,900
    EMBUDO VALLEY LIBRARY
    PO BOX 310
    DIXON,NM87527     		NA PC DIXON MURAL PROJECT 1,000
    EQUINE SPIRIT SANCTUARY
    13 LOS CABALLOS ROAD
    RANCHOS DE TAOS,NM87557     		NA PC CHARITABLE ACTIVITIES 7,000
    EXPONENT PHILANTROPY
    1720 N STREET NW
    WASHINGTON,DC20036     		NA PC GENERAL OPERATING SUPPORT 500
    FLORIDA THOROUGHBRED CHARITIES INC
    801 SW 60TH AVENUE
    OCALA,FL34474     		NA PC QUAIL ROOST SCHOLARSHIP PROGRAM 2014 12,000
    FOUR CORNERS ANIMAL LEAGUE
    PO BOX 1163
    TAOS,NM875711163     		NA PC GENERAL OPERATING SUPPORT 1,500
    FRIENDS OF CASA MATERNA
    PO BOX 7476
    DETROIT,MI48207     		NA PC PROJECT WORK IN NICARAGUA 4,000
    GRASSROOTSORG INC
    11781 LONE PEAK PARKWAY
    DRAPER,UT84020     		NA PC GENERAL OPERATING SUPPORT 750
    HAND IN HAND AMERICAN FRIENDS OF CE
    PO BOX 80102
    PORTLAND,OR97280     		NA PC GENERAL OPERATING SUPPORT 4,000
    HOLY CROSS HOSPITAL
    1397 WEIMER RD
    TAOS,NM87571     		NA PC TAOS FIRST STEPS PROGRAM FOR TRAININ 1,500
    HOPE BY TWELVE
    4699 WOODSON LANE
    BAINBRIDGE ISLAND,WA98110     		NA PC GENERAL OPERATING SUPPORT 1,000
    HORSE PROTECTION ASSOCIATION OF FLO
    20690 NW 130TH AVENUE
    MICANOPY,FL32667     		NA PC CHARITABLE ACTIVITIES 5,000
    HORSE TALES LITERACY PROJECT INC
    3081 ARABIAN NIGHTS BLVD
    KISSIMMEE,FL34747     		NA PC GENERAL OPERATING SUPPORT 2,000
    HUMAN RESOURCE DEVELOPMENT ASSOCIAT
    PO BOX 913
    TAOS,NM87571     		NA PC RESTORATIVE JUSTICE PROGRAMMING 2,500
    HUMANITIES MONTANA
    311 BRANTLY
    MISSOULA,MT59812     		NA PC GENERAL OPERATING SUPPORT 1,000
    ISLANDWOOD
    4450 BLAKELY AVENUE NE
    BAINBRIDGE ISLAND,WA981102257     		NA PC GRADUATE STUDENT SCHOLARSHIP SUPPORT 3,000
    KATERI TEKAKWITHA MISSION FUND INC
    PO BOX 906
    PACIFICA,CA94044     		NA PC GENERAL OPERATING SUPPORT 4,900
    LOCALOGY
    HC 81 BOX 10
    QUESTA,NM87556     		NA PC SANGRE DE CRISTO YOUTH RANCH 2,000
    MALI HEALTH ORGANIZING PROJECT
    PO BOX 426081
    CAMBRIDGE,MA02142     		NA PC EBOLA VIRUS PROJECT 5,000
    MENNONITE CENTRAL COMMITTEE CENTRAL
    PO BOX 235
    NORTH NEWTON,KS671170235     		NA PC RELIEF WORK IN SYRIA, SUDAN, AND THE 1,500
    MOBILITY OUTREACH INTERNATIONAL
    192 NICKERSON STREET SUI
    SEATTLE,WA98109     		NA PC GENERAL OPERATING SUPPORT 3,000
    NORTH COUNTIES FAMILY SERVICES
    PO BOX 1103
    DARRINGTON,WA98241     		NA PC SUPPORT FOR RELIEF AND RECOVERY EFFO 7,500
    NORTHERN PLAINS RESOURCE COUNCIL
    220 SOUTH 27TH STREET SU
    BILLINGS,MT59101     		NA PC BEARTOOTH ALLIANCE FOR THE ANTI-FRAC 8,000
    NOT FORGOTTEN OUTREACH INC
    332 KIT CARSON ROAD
    TAOS,NM87571     		NA PC GENERAL OPERATING SUPPORT 1,500
    ONE CALL FOR ALL
    PO BOX 10487
    BAINBRIDGE ISLAND,WA98110     		NA PC GENERAL OPERATING SUPPORT 1,000
    ONE CALL FOR ALL
    PO BOX 10487
    BAINBRIDGE ISLAND,WA98110     		NA PC GENERAL OPERATING SUPPORT 1,000
    ONE WORLD- ONE HEART FOUNDATION
    PO BOX 1840-822 B
    PASEO DEL PUEBLE SUR R,NM87557     		NA PC THE NEPAL MEDICAL CAMP 1,000
    PARTNER FOR SURGERY INC
    PO BOX 388
    MCLEAN,VA22101     		NA PC GENERAL OPERATING SUPPORT 1,000
    PARTNERS IN HEALTH
    888 COMMONWEALTH AVE 3RD
    BOSTON,MA02215     		NA PC EBOLA WORK IN SIERRA LEONE & LIBERIA 5,500
    PREVENTION INTERNATIONAL NO CERVICA
    PO BOX 13081
    OAKLAND,CA94661     		NA PC WORK IN NICARAGUA 4,000
    PROJECT INCA INC
    74 MASSASOIT ST
    NORTHAMPTON,MA01060     		NA PC GENERAL OPERATING SUPPORT 2,000
    PUGET SOUND RESTORATION FUND
    382 WYATT WAY NE
    BAINBRIDGE ISLAND,WA98110     		NA PC GENERAL OPERATING SUPPORT 5,000
    RIVERS AND BIRDS INC
    PO BOX 819
    ARROYO SECO,NM87514     		NA PC GENERAL OPERATING SUPPORT 3,000
    SCHOOLS FOR SALONE
    PO BOX 25314
    SEATTLE,WA98165     		NA PC GENERAL OPERATING SUPPORT 1,000
    SHUARHANDS INC
    PO BOX 1411
    PINE VALLEY,CA91962     		NA PC GENERAL OPERATING SUPPORT 2,500
    STIRRUPS N STRIDES THERAPEUTIC RIDI
    4246 WEST HIGHWAY 318
    CITRA,FL32113     		NA PC GENERAL OPERATING SUPPORT 4,000
    SUSTAINABLE BEREA INC
    PO BOX 1302
    BEREA,KY40403     		NA PC GENERAL OPERATING SUPPORT 2,000
    TRUAH
    333 7TH AVE 13 FLOOR
    NEW YORK,NY10001     		NA PC GENERAL OPERATING SUPPORT 5,000
    THE AFRICAN DREAM INITIATIVE INC (
    600 THIRD AVE 2ND FLOOR
    NEW YORK,NY10016     		NA PC GENERAL OPERATING SUPPORT 2,000
    THE HOUSING RESOURCES BOARD
    PO BOX 11391
    BAINBRIDGE ISLAND,WA98110     		NA PC GENERAL OPERATING SUPPORT 3,000
    THIRD SECTOR NEW ENGLAND
    89 SOUTH STREET SUITE 70
    BOSTON,MA02111     		NA PC VOICES FROM INSIDE'S FAMILY STORY BO 2,500
    THOROUGHBRED RETIREMENT FOUNDATION
    PO BOX 834
    SARATOGA SPRINGS,NY12866     		NA PC GENERAL OPERATING SUPPORT 2,000
    TIDES CENTER
    PO BOX 29907
    SAN FRANCISCO,CA94129     		NA PC THE LIST PROJECT 7,000
    UNIVERSITY OF NEW MEXICO FOUNDATION
    HARWOOD MUSEUM OF ART 23
    TAOS,NM87571     		NA PC THE ARTS IN THE SCHOOLS PROGRAM 2,000
    UNIVERSITY OF NEW MEXICO FOUNDATION
    1157 COUNTY ROAD 110
    RANCHOS DE TAOS,NM87557     		NA PC SCHOLARSHIP SUPPORT 12,000
    WESTERN LANDS PROJECT
    PO BOX 95545
    SEATTLE,WA981452545     		NA PC ADVOCACY TO KEEP PUBLIC LANDS PUBLIC 5,000
    NEW MEXICO WILDLIFE CENTER INC
    PO BOX 246
    ESPANOLA,NM87532     		NA PC GENERAL OPERATING SUPPORT 5,000
    YOUTH HEARTLINE
    PO BOX 1664
    TAOS,NM87571     		NA PC THE NEIGHBORHOOD ARTS PROJECT 2,000
    YOUTH HEARTLINE
    PO BOX 1664
    TAOS,NM87571     		NA PC GENERAL OPERATING SUPPORT 1,500
    Total .................................bullet 3a 259,025
    bApproved for future payment
    Total .................................bullet 3b  
    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 3,191  
    4 Dividends and interest from securities....     14 87,144  
    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 .............     		    18 217,914  
    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)..   308,249  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13308,249
    (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:
    QUAIL ROOST FOUNDATION
    EIN: 76-0754268
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL EXPENSES 8,292 829   7,463
    ACCOUNTING FEES 20,469 10,235   10,234

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    QUAIL ROOST FOUNDATION
    EIN: 76-0754268
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ACCESS CAPITAL COMMUNITY 73,389 73,497
    CALVERT BOND PORT CL I 142,825 146,950
    CALVERT SOCIAL INVT 3% 15 NOTES DUE 13,000 13,000
    CRA QUALIFIED INVESTMENT 98,979 98,381
    FRANKLIN TEMPLETON HARD    
    PAX WORLD HIGH YIELD 173,424 161,441
    PRAXIS INTERMEDIATE INCM 144,984 146,963
    RIDGEWORTH US GOV SEC 122,086 122,448
    SIT U.S. GOVT SEC FUND 124,044 122,699
    TEMPLETON GLOBAL BOND 168,854 160,001
    CALVERT BOND PORT CL I    
    CRA QUALIFIED INVESTMENT    
    FRANKLIN TEMPLETON HARD    
    PAX WORLD HIGH YIELD    
    PRAXIS INTERMEDIATE INCM    
    SIT US GOVT SEC FUND    
    TEMPLETON GLOBAL BOND FUND    
    AMERICAN EXPRESS 24,843 24,921
    BANK OF NOVA SC 20,664 20,645
    CITIGROUP INC 15,195 15,169
    CSX CORPORATION 10,526 10,551
    CVS CAREMARK CORP 15,067 14,947
    ECOLAB INC 10,067 10,021
    GENERAL ELECTRIC 22,065 22,506
    INTEL CORP 25,095 24,960
    JOHN DEERE CAPITA 20,879 20,824
    JOHNSON CONTROLS 15,888 15,716
    MEDTRONIC INC 19,767 19,758
    ORACLE CORPORATIO 24,106 24,256
    PRAXAIR INC 25,729 25,485
    THE COCA-COLA COM 26,236 26,249
    TORONTO-DOMINION 25,779 25,618
    TOYOTA AUTO RECEIVA 20,151 20,173
    VERIZON COMMS 16,323 16,291
    WELLS FARGO & CO 19,572 20,081

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    QUAIL ROOST FOUNDATION
    EIN: 76-0754268
    Name of Stock End of Year Book Value End of Year Fair Market Value
    APPLESEED FD INVESTORS CL 112,954 110,347
    CALVERT GLOBAL WATER FD 67,220 61,122
    CALVERT INT'L OPPTY FD I 64,865 82,346
    DOMINI INTL SOCIAL EQTY 89,627 80,022
    GABELLI SRI GREEN FD CL    
    PARNASSUS EQUITY INCOME 129,766 206,036
    PARNASSUS ENDEAVOR FD 112,034 124,091
    PARNASSUS MID CAP FUND 83,473 127,183
    PARNASSUS SMALL CAP FUND 32,440 37,871
    PAX WORLD GLOBAL ENVIRONMENTL 34,722 45,848
    PAX WORLD SMALL CAP INST 44,863 44,204
    PORTFOLIO 21 70,065 84,317
    SHELTON GREEN ALPHA FD 73,389 72,155
    TIAA CREF SOCIAL CHOICE 134,441 152,213
    APPLESEED FD INST CL    
    CALVERT INTL OPPTY FD I    
    DOMINI INTL SOCIAL EQTY    
    GABELLI SRI FUND I    
    PARNASSUS EQUITY    
    PARNASSUS MID CAP FUND    
    PARNASSUS SMALL CAP FUND    
    PAX WLD GBL ENVIRONMENTL    
    PORTFOLIO 21    
    ADOBE SYSTEMS 39,678 39,840
    ALLERGAN INC 23,849 30,613
    AMEDISYS INC 10,804 11,740
    AMERIPRISE 10,968 11,241
    AMGEN INCORPORATED 16,913 19,433
    APPLE 56,022 62,254
    AVISTA CORPORATION 39,982 44,930
    BALL CORPORATION 23,560 24,337
    BANK OF NY MELLON CP 35,979 37,487
    BECTON DICKSON & CO 17,806 21,152
    BROCADE COMMUNS SYS NEW 17,475 19,820
    BROWN SHOE 16,419 17,940
    CVS HEALTH 22,083 26,485
    CANADIAN PAC RAILWAY F 26,159 24,472
    CARSINAL HEALTH 21,769 23,573
    CHIPOTLE MEXICAN GRILL 16,644 17,113
    CHURCH & DWIGHT CO INC 8,860 10,167
    CISCO SYSTEMS INC 10,582 11,738
    COMCAST CORP NEW CL A 12,663 13,400
    COSTCO WHSL CORP NEW 13,893 14,175
    EMC CORP MASS 9,208 9,249
    E O G RESOURCES INC 46,172 39,406
    EAGLE BANCORP 8,647 9,022
    EXPEDIA INC NEW 21,853 21,425
    FEDEX CORPORATION 32,660 36,816
    FRONTIER COMMUNICATION 13,400 13,313
    GOOGLE INC CL C NON VTG 12,699 11,581
    GOOGLE INC CLASS A VTG 12,954 11,675
    HANESBRANDS INC 18,594 19,868
    HARTFORD FINL SVCS GRP 21,442 24,222
    HESS CORPORATION 46,700 34,252
    HEWLETT-PACKARD COMPANY 19,749 20,787
    HOME DEPOT INC 27,561 30,441
    ILLINOIS TOOL WORKS INC 15,256 16,383
    INTEL CORP 22,273 23,334
    JOHNSON & JOHNSON 18,870 19,032
    JONES LANG LASALLE INC 16,136 18,741
    JPMORGAN CHASE & CO 29,351 30,789
    KIMBERLY-CLARK CORP 10,440 11,670
    KROGER COMPANY 35,639 44,305
    LAM RESEARCH CORPORATION 6,895 7,141
    LOWES COMPANIES INC 20,924 22,016
    MARATHON PETE CORP 22,150 22,926
    MEDTRONIC INC 20,655 23,176
    MICROSOFT CORP 44,989 46,450
    MINERAL TECH INC 29,526 32,433
    NORFOLD SOUTHERN CORP 18,715 18,963
    NOVARTIS A G SPON ADR F 15,561 15,752
    PRINCIPAL FINANCIAL GRP 16,195 15,426
    REINSURANCE GP AMER NEW 19,976 20,766
    ST JUDE MEDICAL INC 17,067 16,908
    SYNAPTICS INC 13,590 11,427
    TEXAS INSTRUMENTS INC 17,579 19,461
    THE WHITEWAVE FOODS CO 19,440 18,790
    TIME WARNER INC NEW 15,343 16,828
    TRAVELERS COMPANIES INC 11,422 11,644
    UNION PACIFIC CORP 20,315 21,205
    UNITED HEALTH GROUP 27,611 32,147
    V F CORPORATION 13,600 15,355
    WELLS FARGO & CO NEW 34,139 36,346
    WYNDHAM WORLDWIDE CORP 21,198 21,869
    XEROX CORP 15,646 15,482
    3M COMPANY 27,461 31,221
    HOST HOTELS & RESORTS 29,112 30,283
    POWERSHS EXCH TRAD FD TR 27,230 28,664

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    QUAIL ROOST FOUNDATION
    EIN: 76-0754268
    US Government Securities - End of Year Book Value:

    189,115
    US Government Securities - End of Year Fair Market Value:

    189,136
    State & Local Government Securities - End of Year Book Value:


    267,882
    State & Local Government Securities - End of Year Fair Market Value:


    268,763


    TY 2014 OtherExpensesSchedule
    Name:
    QUAIL ROOST FOUNDATION
    EIN: 76-0754268
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    DUES/SUBS 3,520     3,520
    INSURANCE 675     675
    MISC. EXPENSE 72     72
    NICS INVESTMENT MGMT. FEES 16,373 16,373    
    HORIZON SCHWAB INVEST FEES 19,115 19,115    
    OFFICE EXPENSES 1,441 360   1,081
    POSTAGE 639     639
    UTILITIES 655 66   589
    TELEPHONE EXPENSE 205     205
    BANK CHARGES 108 108    
    WEBSITE 3,976     3,976
    CONTRACTUAL SERVICES 15,456 1,546   13,910


    TY 2014 OtherLiabilitiesSchedule
    Name:
    QUAIL ROOST FOUNDATION
    EIN: 76-0754268
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL TAXES PAYABLE 1,559  


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    QUAIL ROOST FOUNDATION
    EIN: 76-0754268
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTANTS 5,361 536   4,825


    TY 2014 TaxesSchedule
    Name:
    QUAIL ROOST FOUNDATION
    EIN: 76-0754268
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES 2,103     2,103
    FEES 30     30