Form990-PF
Click to see attachment

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
DEW Foundation
 

Number and street (or P.O. box number if mail is not delivered to street address)821 E Southeast Loop 323   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Tyler, TX75701
A Employer identification number

26-2169255
B Telephone number (see instructions)

(903) 617-6331
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$31,289,272J 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).............. 470,420
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 7,199 7,199  
4 Dividends and interest from securities...... 552,634 552,634  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,162,748
b Gross sales price for all assets on line 6a 6,492,156
7 Capital gain net income (from Part IV, line 2)... 2,163,335
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 857    
12 Total. Add lines 1 through 11........ 3,193,858 2,723,168  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 65,338 37,669   37,669
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,625 813   812
c Other professional fees (attach schedule).... Click to see attachment 1,605 803   802
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 77,978 8,670   2,499
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 330 165   165
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 215,978 185,204   30,774
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 362,854 233,324   72,721
25 Contributions, gifts, grants paid........ 1,285,900 1,285,900
26 Total expenses and disbursements. Add lines 24 and 25 1,648,754 233,324   1,358,621
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,545,104
b Net investment income (if negative, enter -0-) 2,489,844
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 408,444 288,685 288,685
2 Savings and temporary cash investments.......... 1,751,688 1,746,035 1,746,035
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 26,587,352 Click to see attachment29,254,552 29,254,552
c Investments—corporate bonds (attach schedule)........      
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) 28,747,484 31,289,272 31,289,272
Liabilities 17 Accounts payable and accrued expenses.......... 5,165  
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 5,165 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 28,742,319 31,289,272
30 Total net assets or fund balances (see instructions)...... 28,742,319 31,289,272
31 Total liabilities and net assets/fund balances (see instructions).. 28,747,484 31,289,272
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 28,742,319
2 Enter amount from Part I, line 27a..................... 2 1,545,104
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 1,001,849
4 Add lines 1, 2, and 3.......................... 4 31,289,272
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 31,289,272
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 Capital Gain Dividends      
b        
c
d
e
(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        
b       22,662
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a        
b        
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,163,335
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2013      
2012      
2011      
2010      
2009      
2 Total of line 1, column (d) ...................... 2  
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  
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  
7 Add lines 5 and 6......................... 7  
8 Enter qualifying distributions from Part XII, line 4.............. 8  
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 49,797
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 49,797
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 49,797
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 50,000
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 50,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 210
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 7
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   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
 
No
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)
    bullet
    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. Click to see attachment...............................
    10
    Yes
     
    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 ofbulletDawn Franks Telephone no.bullet (903) 617-6331
    Located atbullet821 E Southeast Loop 323 Ste 590TylerTX ZIP+4bullet75701
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    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
     
    No
    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
     
    No
    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
    Dale Walsh President
    1.00     		0    
    106 Swede Canyon
    Boerne,TX78006
    Ednamae Walsh Sec/Treas
    1.00     		0    
    106 Swede Canyon
    Boerne,TX78006
    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  
    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
    28,106,554
    b
    Average of monthly cash balances.......................
    1b
    2,267,598
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    30,374,152
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    30,374,152
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    455,612
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    29,918,540
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,495,927
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,495,927
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    49,797
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    49,797
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,446,130
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,446,130
    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
    1,446,130
    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
    1,358,621
    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
    1,358,621
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,358,621
    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 1,446,130
    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....... 2,252,106
    b From 2010....... 524,819
    c From 2011.......  
    d From 2012....... 12,881
    e From 2013.......  
    fTotal of lines 3a through e......... 2,789,806
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 1,358,621
    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).........     		0
    d Applied to 2014 distributable amount..... 1,358,621
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2014. 87,509 87,509
    (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 2,702,297
    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) ...     		2,164,597
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		537,700
    10 Analysis of line 9:
    a Excess from 2010.... 524,819
    b Excess from 2011....  
    c Excess from 2012.... 12,881
    d Excess from 2013....  
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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
    AMERICAN FEDERATION FOR CHILDREN
    1660 K STREET NW SUITE 1000
    WASHINGTON,DC20036     		  PC Operational funding 5,000
    ANIMAL ARK
    PO BOX 60057
    RENO,NV89506     		  PC OPERATIONAL FUNDING 5,000
    ASSISTANCE LEAGUE OF RENO-SPARKS
    PO BOX 7376
    RENO,NV89510     		  PC RESCUE RESPONSE 1,500
    BACK COUNTRY HORSEMEN EDUCATION FOA
    PO BOX 1367
    GRAHAM,WA98338     		  PC OPERATIONAL FUNDING 25,000
    BARDINI FOUNDATION
    515 SIERRA STREET
    BISHOP,CA93514     		  PC OPERATIONAL FUNDING 4,000
    BERGHEIM VOLUNTEER FIRE DEPARTMENT
    PO BOX 4141
    BERGHEIM,TX78004     		  PC OPERATIONAL FUNDING 10,000
    BIBLE TELLING
    2905 GILL STREET
    BLOOMINGTON,IL61704     		  PC OPERATIONAL FUNDING 34,600
    BOY SCOUT DEN 5 PACK 512
    2741 CHESHIRE CT
    RENO,NV89523     		  PC SCOUTING PROJECTS 6,000
    BREAKTHROUGH URBAN MINISTRIES
    402 N ST LOUIS AVE
    CHICAGO,IL60624     		  PC OPERATIONAL FUNDING 15,000
    BURBANK CHORALE
    PO BOX 501
    BURBANK,CA91503     		  PC OPERATIONAL FUNDING 10,000
    CALIFORNIA LIGHTWEIGHT CREW
    PO BOX 16000
    BERKELEY,CA94701     		  PC OPERATIONAL FUNDING 2,000
    CALVARY CHRISTIAN ACADEMY
    1017 N SCHOOL STREET
    NORMAL,IL61761     		  PC OPERATIONAL FUNDING 7,700
    CANCER THERAPY & RESEARCH CTR AT UTHSC
    7979 WURZBACH ROAD SUITE U6
    SAN ANTONIO,TX78229     		  PC RESEARCH 30,000
    TAHOE FOREST HEALTH SYSTEM FOUNDATION
    PO BOX 6571
    INCLINE VILLAGE,NV89450     		  PC SNOWFEST SPONSOR 500
    CEDILLE CHICAGO NFP
    1205 W BALMORAL
    CHICAGO,IL60640     		  PC OPERATIONAL FUNDING 15,000
    CHADDOCK SCHOOL
    205 SOUTH 24TH STREET
    QUINCY,IL62301     		  PC OPERATIONAL FUNDING 52,000
    CHICAGO FILM ARCHIVES NFP
    329 WEST 18TH STREET 317
    CHICAGO,IL60616     		  PC OPERATIONAL FUNDING 20,000
    CHICAGO WOMENS HEALTH CENTER
    1025 WESST SUNNYSIDE AVENUE
    CHICAGO,IL60640     		  PC OPERATIONAL FUNDING 1,000
    CHILDRENS HOSPITAL OF SAN ANTONIO FOUND
    100 NE LOOP 410 SUITE 706
    SAN ANTONIO,TX78216     		  PC OPERATIONAL FUNDING 45,000
    CHILDREN SERVICE CTR FOR CENTRAL FL INC
    808 W CENTRAL BLVD
    ORLANDO,FL32805     		  PC OPERATIONAL FUNDING 20,000
    CHURCHES ASSISTING PEOPLE
    206 MAIN STREET
    CONWAY,SC29526     		  PC OPERATIONAL FUNDING 45,000
    CIBOLO NATURE CENTER & FARM
    140 CITY PARK ROAD
    BOERNE,TX78006     		  PC OPERATIONAL FUNDING 10,000
    CLINTON COMMUNITY YMCA
    417 S ALEXANDER ST
    CLINTON,IL61727     		  PC OPERATIONAL FUNDING 500
    CONVOY OF HOPE
    330 S PATTERSON AVENUE
    SPRINGFIELD,MO65802     		  PC DISASTER RESPONSE 40,000
    CORNERSTONE CHRISTIAN ACAD OF MCLEAN CO
    PO BOX 1608
    BLOOMINGTON,IL61702     		  PC OPERATIONAL FUNDING 20,000
    DEBBIE TURNER CANCER CARE & RESOURCE CTR
    31138 PRESTWICK AVE
    SORRENTO,FL32776     		  PC OPERATIONAL FUNDING 10,000
    DISABLED SPORTS USA FAR WEST
    PO BOX 8339
    TRUCKEE,CA96162     		  PC OPERATIONAL FUNDING 2,000
    DOCTORS WITHOUT BORDERS
    333 7TH AVENUE 2ND FLOOR
    NEW YORK,NY10001     		  PC OPERATIONAL FUNDING 20,000
    EDGEWOOD CHILDRENS RANCH
    1451 EDGEWOOD RANCH RD
    ORLANDO,FL32835     		  PC OPERATIONAL FUNDING 25,000
    EXPERIMENTAL SOUND STUDIO
    5925 NORTH RAVENSWOOD AVE
    CHICAGO,IL60660     		  PC OPERATIONAL FUNDING 123,000
    FLORIDA ASSN OF CHRISTIAN CHILD CARING
    PO BOX 8085
    SEMINOLE,FL33775     		  PC OPERATIONAL FUNDING 15,000
    FOR KIDS FOUNDATION
    834 WILLOW ST
    RENO,NV89502     		  PC OPERATIONAL FUNDING 5,000
    GENEVA SCHOOL OF BOERNE
    113 CASCADE CAVERNS ROAD
    BOERNE,TX78015     		  PC OPERATIONAL FUNDING 10,000
    GODS WORD FOR THE NATIONS
    PO BOX 1259
    ROLLA,MO65402     		  PC OPERATIONAL FUNDING 500
    HARVESTWORKS
    596 BROADWAY SUITE 602
    NEW YORK,NY10012     		  PC OPERATIONAL FUNDING 10,000
    HEIDI DUCKLER CANCE THEATRE
    2034 1/2 BEVERLY GLEN CIRCLE 25
    LOS ANGELES,CA90077     		  PC DANCE PROJECT 5,000
    HILLSDALE COLLEGE
    33 E COLLEGE STREET
    HILLSDALE,MI49242     		  PC OPERATIONAL FUNDING 10,000
    INDEPENDENT SHAKESPEARE CO
    3191 CASITAS AVE
    LOS ANGELES,CA90039     		  PC THEATER PRODUCTION 5,000
    INNOVATIVE MISSION OPPORTUNITIES
    PO BOX 84327
    PEARLAND,TX77584     		  PC OPERATIONAL FUNDING 12,200
    KIDS AROUND THE WORLD
    2424 CHARLES ST
    ROCKFORD,IL61108     		  PC OPERATIONAL FUNDING 20,000
    KPFK PUBLIC RADIO 907 PACIFICA FOUND
    3729 CAHUENGA BLVD WEST
    NORTH HOLLYWOOD,CA91604     		  PC THEATER PRODUCTION 5,000
    LA STAGE ALLIANCE
    4200 CHEVY CHASE DR
    LOS ANGELES,CA90039     		  PC OPERATIONAL FUNDING 5,000
    LIVING ALTERNATIVES
    303 LANDMARK DRIVE SUITE 1B
    NORMAL,IL61761     		  PC OPERATIONAL FUNDING 5,000
    LOAVES AND FISHES INC
    206 E EIGHTH STREET
    APOPKA,FL32703     		  PC OPERATIONAL FUNDING 5,000
    LOS ANGELES DOWNTOWN ARTS DISTRICT
    215 S SANTA FE AVE 8
    LOS ANGELES,CA90012     		  PC OPERATIONAL FUNDING 10,000
    MATTHEWS HOPE MINISTRIES INC
    1460 DANIELS ROAD
    WINTER GARDEN,FL34787     		  PC OPERATIONAL FUNDING 10,000
    MEDICAL INSTITUTE
    1101 S CAPITAL OF TEXAS HWY
    AUSTIN,TX78746     		  PC RENT ASSISTANCE 75,000
    MEDICAL INSTITUTE
    1101 S CAPITAL OF TEXAS HWY
    AUSTIN,TX78746     		  PC OPERATIONAL FUNDING 25,000
    MIDWEST FOOD BANK PEORIA DIVISION
    9005 N INDUSTRIAL
    PEORIA,IL61615     		  PC OPERATIONAL FUNDING 10,000
    MIDWEST FOOD BANK PEORIA DIVISION
    2005 N INDUSTRIAL
    PEORIA,IL61615     		  PC CRISIS RESPONSE 25,000
    MINISTRY AND MORE INC
    1107 WEST EMPIRE
    BLOOMINGTON,IL61701     		  PC OPERATIONAL FUNDING 17,000
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    525 W MONROE ST SUITE 900
    CHICAGO,IL60661     		  PC RESEARCH 5,000
    NATIONAL DISASTER SEARCH DOG FOUNDATION
    501 E OJAI AVENUE
    OJAI,CA93023     		  PC OPERATIONAL FUNDING 14,000
    NATIONAL PARK FOUNDATION
    PO BOX 5018
    HAGERSTOWN,MD21741     		  PC OPERATIONAL FUNDING 5,000
    NEW HORIZONS FOUNDATION INC
    5550 TECH CENTER DR SUITE 303
    COLORADO SPRINGS,CO80919     		  PC OPERATIONAL FUNDING 6,000
    NEW VINTAGE BAROQUE
    209 WADSWORTH AVE 51
    NEW YORK,NY10033     		  PC OPERATIONAL FUNDING 5,000
    OPPORTUNITY INTERNATIONAL
    550 W VAN BUREN SUITE 200
    CHICAGO,IL60607     		  PC OPERATIONAL FUNDING 10,000
    PASADENA ARTS COUNCIL FBO THE LA FORT
    65 S GRAND AVENUE
    PASADENA,CA91105     		  PC OPERATIONAL FUNDING 1,000
    PEP INC PROTECT EVERY PET
    408 W ST LOUIS STREET
    BLAND,MO65014     		  PC OPERATIONAL FUNDING 7,500
    PERSHING SQUARE PARK ADVISORY BOARD
    532 SO OLIVE
    LOS ANGELES,CA90013     		  PC EDUCATION PROJECT 50,000
    PSIA WESTERN DIV EDUCATION
    9709 HWY 267 SUITE B
    TRUCKEE,CA96161     		  PC OPERATIONAL FUNDING 2,000
    RED CLIFF BIBLE CAMP
    PO BOX 846
    PINEDALE,WY82941     		  PC HISTORICAL GRANT 500
    RENO IRISH DANCE COMPANY
    3005 SKYLINE BLVD SUITE 150
    RENO,NV89509     		  PC OPERATIONAL FUNDING 5,000
    RITA CANNAN ELEMENTARY SCHOOL
    2450 CANNAN ST
    RENO,NV89436     		  NC SCHOOL PROJECT 1,400
    ROBERT MCQUEEN HIGH SCHOOL
    6055 LANCER STREET
    RENO,NV89523     		  NC SCHOOL PROJECT 1,000
    ROLLAN MELTON ELEMENTARY SCHOOL
    6575 ARCHIMEDES LANE
    RENO,NV89523     		  NC SCHOOL PROJECT 20,000
    RUSSSELL HOME FOR ATYPICAL CHILDREN
    510 W HOLDEN AVENUE
    ORLANDO,FL32839     		  PC OPERATIONAL FUNDING 10,000
    SALEM4YOUTH
    15161 N 400 WEST ROAD
    FLANAGAN,IL61740     		  PC OPERATIONAL FUNDING 30,000
    SAMARITANS PURSE
    PO BOX 3000
    BOONE,NC28607     		  PC OPERATIONAL FUNDING 25,000
    SAVE PROTECT FOUNDATION
    1025 DWIGHT WAY
    DAYTON,NV89403     		  PC OPERATIONAL FUNDING 3,000
    SECOND CHANCE FOR PETS
    PO BOX 243
    CLINTON,IL60640     		  PC OPERATIONAL FUNDING 5,000
    SEEVETERANS - VORTEX THEATER
    PO BOX 75014
    LOS ANGELES,CA90020     		  PC THEATER PRODUCTION 5,000
    SHELTERBOX USA
    8374 MARKET STREET
    LAKEWOOD RANCH,FL34202     		  PC OPERATIONAL FUNDING 5,000
    SONS & DAUGHTERS OF ERIN
    PO BOX 10743
    RENO,NV89510     		  PC DANCE PROJECT 2,000
    SOUTHERN BAPTIST ASSN OF CHRISTIAN SCH
    PO BOX 1204
    WINDERMERE,FL34786     		  PC OPERATIONAL FUNDING 10,000
    CHESSKIDZ
    PO BOX 34722
    RENO,NV89533     		  PC WEBSITE DEVELOPMENT 15,000
    TEAM RUBICON
    300 N CONTINENTAL BLVD STE 150
    EL SEGUNDO,CA90245     		  PC OPERATIONAL FUNDING 10,000
    UT MD ANDERSON CANCER CENTER
    DEVELOPMENT OFFICE - UNIT 705
    HOUSTON,TX77230     		  PC OPERATIONAL FUNDING 100,000
    USO
    2111 WILSON BLVD STE 1200
    ARLINGTON,VA22201     		  PC OPERATIONAL FUNDING 3,500
    WARREN W CHERRY PRESCHOOL
    1418 LAKE STREET
    EVANSTON,IL60201     		  PC OPERATIONAL FUNDING 30,000
    WIKIMEDIA FOUNDATION INC
    149 NEW MONTGOMERY ST 6TH FLOOR
    SAN FRANCISCO,CA94105     		  PC OPERATIONAL FUNDING 5,000
    WILDLIKE SOS - USA
    406 E 300 S 302
    SALT LAKE CITY,UT84111     		  PC OPERATIONAL FUNDING 2,000
    WOUNDED WARRIOR OUTDOORS INC
    1041 CROWN PARK CIRCLE
    WINTER GARDEN,FL34787     		  PC OPERATIONAL FUNDING 2,500
    Total .................................bullet 3a 1,285,900
    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 7,199  
    4 Dividends and interest from securities....     14 552,634  
    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 .............     		      22,662 2,140,086
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aCitigroup Inc Securities     14 857  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   583,352 2,140,086
    13Total. Add line 12, columns (b), (d), and (e)..................
    132,723,438
    (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: 14000265
    Software Version: 2014v5.0


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2014
    Name of the organization
    DEW Foundation
     
    Employer identification number

    26-2169255
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 2
    Name of organization
    DEW Foundation
          		Employer identification number

    26-2169255
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    Dale and Edna Walsh  
    106 Swede Canyon
     
    Boerne, TX78006

    		$350,220


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    DEW Building  
    821 E Southeast Loop 323 590
     
    Tyler, TX75701

    		$48,200


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
     
     

    DEW Texas Building  
    821 E Southeast Loop 323 590
     
    Tyler, TX75701

    		$72,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 3
    Name of organization
    DEW Foundation
          		Employer identification number

    26-2169255
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 3828 share of Covidien stock $ 350,220 2014-06-24
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    DEW Foundation
          		Employer identification number

    26-2169255
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Additional Data


    Software ID: 14000265
    Software Version: 2014v5.0

    TY 2014 AccountingFeesSchedule
    Name:
    DEW Foundation
    EIN: 26-2169255
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 1,625 813 0 812

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    DEW Foundation
    EIN: 26-2169255
    Software ID:14000265
    Software Version:2014v5.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BMO HARRIS EQUITY INVESTMENTS 11,782,703 11,782,703
    HARRIS ASSOCIATES 17,471,849 17,471,849

    TY 2014 OtherExpensesSchedule
    Name:
    DEW Foundation
    EIN: 26-2169255
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 47 24   23
    BOARD MEETINGS 24,452 12,226   12,226
    HEALTH INSURANCE 11,247 5,624   5,623
    HONORARIUM 2,380     2,380
    INVESTMENT MANAGEMENT FEES 156,806 156,806    
    OFFICE EXPENSES - BLOOMINGTON 3,397 1,699   1,698
    OFFICE EXPENSES - RENO 17,349 8,675   8,674
    WEBSITE EXPENSES 300 150   150


    TY 2014 OtherIncomeSchedule2
    Name:
    DEW Foundation
    EIN: 26-2169255
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Citigroup Inc Securities 857    


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    DEW Foundation
    EIN: 26-2169255
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATION 1,605 803 0 802


    TY 2014 SubstantialContributorsSch
    Name:
    DEW Foundation
    EIN: 26-2169255
    Software ID:14000265
    Software Version:2014v5.0
    Name Address
    Dale Edna Walsh 106 Swede Canyon
    Boerne,TX78006


    TY 2014 TaxesSchedule
    Name:
    DEW Foundation
    EIN: 26-2169255
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 66,809      
    FOREIGN TAXES 6,171 6,171    
    PAYROLL TAXES 4,998 2,499   2,499