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
THE MACLELLAN FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)820 BROAD STREET NO 300   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHATTANOOGA, TN37402
A Employer identification number

62-6041468
B Telephone number (see instructions)

(423) 755-8142
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$302,428,777J Accounting method:
Modified Cash
(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 420,141 420,141  
4 Dividends and interest from securities...... 7,249,759 7,066,989  
5a Gross rents.............. 52,849 52,849  
b Net rental income or (loss) 52,849
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 27,252,822
b Gross sales price for all assets on line 6a 102,737,898
7 Capital gain net income (from Part IV, line 2)... 26,043,872
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 1,288,427 823,848  
12 Total. Add lines 1 through 11........ 36,263,998 34,407,699  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 350,417 87,604   262,813
14 Other employee salaries and wages...... 1,726,809 431,702   1,295,107
15 Pension plans, employee benefits....... 506,636 126,659   379,977
16a Legal fees (attach schedule)......... Click to see attachment 263,171 19,256   243,915
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 745,208 627,329   117,879
17 Interest............... 1,221,233 1,221,233   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 435,700 163,475   182,224
19 Depreciation (attach schedule) and depletion... Click to see attachment 201,180 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 611,944 23,441   588,503
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 5,456,215 3,555,927   1,839,965
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 11,518,513 6,256,626   4,910,383
25 Contributions, gifts, grants paid........ 26,417,080 26,417,080
26 Total expenses and disbursements. Add lines 24 and 25 37,935,593 6,256,626   31,327,463
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,671,595
b Net investment income (if negative, enter -0-) 28,151,073
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 15,663,570 20,552,006 20,552,006
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)........ 59,369,896 Click to see attachment64,190,088 70,552,528
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)........... 202,299,048 Click to see attachment182,663,643 180,688,937
14 Land, buildings, and equipment: basis bullet11,126,687
Less: accumulated depreciation (attach schedule) bullet1,738,343 15,487,644 Click to see attachment9,388,344 9,388,344
15 Other assets (describe bullet) Click to see attachment6,525,840 Click to see attachment21,246,962 Click to see attachment21,246,962
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 299,345,998 298,041,043 302,428,777
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 attachment0 Click to see attachment366,640
23 Total liabilities (add lines 17 through 22).......... 0 366,640
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 299,345,998 297,674,403
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    
30 Total net assets or fund balances (see instructions)...... 299,345,998 297,674,403
31 Total liabilities and net assets/fund balances (see instructions).. 299,345,998 298,041,043
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)............... 1 299,345,998
2 Enter amount from Part I, line 27a..................... 2 -1,671,595
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 297,674,403
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 297,674,403
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 SHORT-TERM CAPITAL GAINS FROM PARTNERSHIPS P    
b LONG-TERM CAPITAL GAINS FROM PARTNERSHIPS P    
c SEC. 1256 LOSS FROM PARTNERSHIPS P    
d SEC. 1231 GAIN FROM PARTNERSHIPS P    
e PUBLICLY TRADED SECURITIES - SHORT-TERM      
PUBLICLY TRADED SECURITIES - LONG-TERM      
400 CAPITAL CREDIT OPP FUND LP P    
COMMONFUND CAPITAL INTL VI P    
KENDALL SQUARE P    
KLS DIVERSIFIED P    
LIVINGSTON FUND I WRITE OFF P   2014-01-01
MAJESTY I P    
PLATTE INVESTORS LLC P    
RINEHART INTL P   2014-01-01
TAMARACK GLOBAL HEALTHCARE FUND LP P   2014-01-01
BROOKDALE GLOBAL OPPORTUNITY FUND P    
CORSAIR CAPITAL INVESTORS, LTD P    
ELLINGTON CREDIT OPPORTUNITIES PARTNERS P    
HIGHBRIDGE MULTI-STRATEGY HOLDINGS P    
KENSICO OFFSHORE FUND LTD P    
MAK CAPITAL INT'L FUND (0.7016%) P    
OVERLAND RELATIVE VALUE FUND P    
POINTER OFFSHORE LTD P   2014-01-01
ROSE GROVE, LTD P    
SEQUATCHITY COUNTY LAND P   2014-04-30
UIGTN II WOODBRIAR APTS P    
THISTLEDOWN/BROW WOOD - LOAN P    
OTHER SECURITIES--(LIGHTPORT & ILLIANT) P    
HARBINGER CLASS L - RECOVERY OF BASIS P    
RIVER V - RECOVERY OF BASIS P    
MORGAN STANLEY AIP GLOBAL - RECOVERY OF BASIS P    
SWIFTCURRENT OFFSHORE LTD P    
C-II RECOVERY P   2014-06-15
C-II RECOVERY P   2014-09-04
CAPITAL GAINS DIVIDENDS P    
(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 736,534     736,534
b 7,447,009     7,447,009
c 6,105,787     6,105,787
d     604,147 -604,147
e 12,358,610   12,000,530 358,080
19,569,747   15,364,909 4,204,838
3,293,772   3,293,772 0
3,472,932   3,877,493 -404,561
941,988   943,263 -1,275
9,738,328   9,738,469 -141
    4,439 -4,439
7,038,895   7,430,989 -392,094
174,022   94,511 79,511
    211,451 -211,451
    29 -29
264,027   123,756 140,271
5,681,191   4,500,000 1,181,191
6,074,503   4,000,000 2,074,503
57,860     57,860
2,236     2,236
2,967,732   3,164,203 -196,471
1,235,773   845,621 390,152
6,438,476   2,000,000 4,438,476
560,297     560,297
5,275,950   6,576,619 -1,300,669
1,038,030   250,000 788,030
    317,020 -317,020
    44,194 -44,194
83,215     83,215
225,541     225,541
433,476     433,476
5,554     5,554
45,471   43,874 1,597
57,768   55,787 1,981
204,224     204,224
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       736,534
b       7,447,009
c       6,105,787
d       -604,147
e       358,080
      4,204,838
      0
      -404,561
      -1,275
      -141
      -4,439
      -392,094
      79,511
      -211,451
      -29
      140,271
      1,181,191
      2,074,503
      57,860
      2,236
      -196,471
      390,152
      4,438,476
      560,297
      -1,300,669
      788,030
      -317,020
      -44,194
      83,215
      225,541
      433,476
      5,554
      1,597
      1,981
      204,224
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 26,043,872
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 25,180,708 329,085,481 0.076517
2012 25,835,841 328,889,423 0.078555
2011 25,668,927 352,407,518 0.072839
2010 25,238,819 335,072,511 0.075323
2009 20,155,498 315,527,330 0.063879
2 Total of line 1, column (d) ...................... 2 0.367113
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 0.073423
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 305,021,453
5 Multiply line 4 by line 3....................... 5 22,395,590
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 281,511
7 Add lines 5 and 6......................... 7 22,677,101
8 Enter qualifying distributions from Part XII, line 4.............. 8 31,327,463
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 1 281,511
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 281,511
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 281,511
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 162,793
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 87,207
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 250,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 1,895
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 33,406
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
Yes
 
If "Yes," attach a detailed description of the activities.Click to see attachment
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletAL, AZ, CA, CO, CT, FL, GA, HI, IL, IN, ID, LA, ME, MD, MA, MN, NM, NC, NY, OK, OR, SC, TN, UT, VA, WV, WI, MS
    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
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.MACLELLAN.NET
    14
    The books are in care ofbulletDAVID G DENMARK Telephone no.bullet (423) 755-1051
    Located atbullet820 BROAD STREET SUITE 300CHATTANOOGATN ZIP+4bullet37402
    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
     
     
    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
     
     
    .........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
    NIEL NIELSON TRUSTEE
    1.00     		0 0 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    W MILLER WELBORN TRUSTEE
    1.00     		0 0 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    DAVID G DENMARK EXECUTIVE DIRECTOR
    40.00     		201,182 21,006 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    HUGH O MACLELLAN JR TREASURER
    40.00     		0 0 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    ROBERT H MACLELLAN CHAIRMAN
    40.00     		149,235 15,386 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    PAT MACMILLAN TRUSTEE
    1.00     		0 0 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    RONALD W BLUE TRUSTEE
    1.00     		0 0 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    CHRISTOPHER H MACLELLAN VICE CHAIRMAN
    1.00     		0 0 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    ELIZABETH LINDQUIST TRUSTEE
    1.00     		0 0 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    CATHERINE M HEALD SECRETARY
    1.00     		0 0 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    LAURENCE POWELL TRUSTEE
    1.00     		0 0 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    DARYL J HEALD ASSOCIATE TRUSTEE
    1.00     		0 0 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    DR REID MACLELLAN ASSOCIATE TRUSTEE
    1.00     		0 0 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    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
    THOMAS H LOWE CHIEF INVESTMENT OFF
    40.00     		231,117 25,138 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    THOMAS H MCCALLIE PROGRAM OFFICER
    40.00     		163,500 17,931 0
    802 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    CHARLES W PHILLIPS STRATEGY DIRECTOR
    40.00     		143,848 15,352 0
    802 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    LUCIEN E BEHAR STRATEGY DIRECTOR
    40.00     		139,931 14,714 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    RANDALL T KENNEDY STRATEGY DIRECTOR
    40.00     		135,126 13,910 0
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    Total number of other employees paid over $50,000...................bullet 19
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 AFRICA CONVENINGTHE MACLELLAN FOUNDATION PARTNERED WITH THE SOUTH AFRICAN FOUNDATION TO HOST A GATHERING OF THE FOUNDATION'S GRANTEES IN AFRICA. THE GOAL OF THE CONVENING WAS TO SHARE BEST PRACTICES AMONG THE AFRICAN GRANTEES THAT WORK WITH CHILDREN. 88,027
    2 EUROPEAN LEARNING COMMUNITY CONVENINGTHE MACLELLAN FOUNDATION HOSTED A GATHERING OF LEADERS OF NON-PROFITS IN GERMANY, CONVENING THEM TOGETHER TO TO TRAIN MINISTRY CEOS ON THE ROLE OF METRICS AND MEASUREMENTS AS THEY ARE RELATED TO FUNDRAISING. THE GOAL OF THE CONVENING IS TO PROVIDE A PLACE FOR DIALOGUE AND LEARNING IN ORDER TO COOPERATIVELY LOOK AT THE ISSUES FACING THE FUNDRAISING SECTOR. DIFFERENT EXPERTS IN THE FIELD PROVIDE INFORMATION AND TECHNICAL ADVICE. 65,055
    3 TECHNICAL ASSISTANCE/CONSULTING TO GRANTEESTHE FOUNDATION PARTNERED WITH TRIAXIA TO PROVIDE CONSULTING TO GRANTEES IN THE AREAS CURRICULUM DEVELOPMENT, STRATEGIC PLANNING AND RESTRUCTURING. 26,357
    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.........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    67,884,710
    b
    Average of monthly cash balances.......................
    1b
    10,951,454
    c
    Fair market value of all other assets (see instructions)................
    1c
    230,830,286
    d
    Total (add lines 1a, b, and c).........................
    1d
    309,666,450
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    309,666,450
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    4,644,997
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    305,021,453
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    15,251,073
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    15,251,073
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    281,511
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
    131,268
    c
    Add lines 2a and 2b............................
    2c
    412,779
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    14,838,294
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    14,838,294
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    14,838,294
    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
    31,327,463
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    31,327,463
    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
    281,511
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    31,045,952
    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 14,838,294
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010....... 1,874,512
    c From 2011....... 8,605,871
    d From 2012....... 9,644,152
    e From 2013....... 8,933,624
    fTotal of lines 3a through e......... 29,058,159
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 31,327,463
    a Applied to 2013, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2014 distributable amount..... 14,838,294
    e Remaining amount distributed out of corpus 16,489,169
    5 Excess distributions carryover applied to 2014. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 45,547,328
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		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) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		45,547,328
    10 Analysis of line 9:
    a Excess from 2010.... 1,874,512
    b Excess from 2011.... 8,605,871
    c Excess from 2012.... 9,644,152
    d Excess from 2013.... 8,933,624
    e Excess from 2014.... 16,489,169
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    DAVID G DENMARK
    820 BROAD STREET SUITE 300
    CHATTANOOGA,TN37402
    (423) 755-1051
    bThe form in which applications should be submitted and information and materials they should include:
    INSTRUCTIONS WILL BE PROVIDED UPON CONTACTING THE ABOVE NAMED PERSON.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    CONTRIBUTIONS THROUGH PARTNERSHIP INVESTMENTS
    VARIOUS
    VARIOUS,TN00000     		NONE N/A VARIOUS 3,792
    NATIONAL CHRISTIAN FOUNDATION
    11625 RAINWATER DR 500
    ALPHARETTA,GA30004     		NONE 501(C)(3) VARIOUS 21,525,000
    ON POINT
    4509 HIXSON PK BOX 1 HIXSON TN
    37343
    HIXSON,TN37343     		NONE 501(C)(3) 10 PROJECT AT THE BROCK CENTER-SCHOLARHIP 10,000
    UYWI
    2321 E 4TH ST STE C607
    SANTA ANA,CA92705     		NONE 501(C)(3) 3 LATINO LEADERSHIP ROUNDTABLE GATHERINGS FOR PASTORS & SPOUSES TO CAST VISION, STRATEGIZE CHURCH GROWTH & MARRIAGE ENRICHMENT 6,000
    REFLECTION MINISTRIES
    ONE PIEDMONT CTR 130
    ATLANTA,GA30305     		NONE 501(C)(3) 3 MINUTE VIDEO SERIES ON THE TOUGH QUESTIONS 8,000
    MT CANAAN BAPTIST CHURCH
    2800 N CHAMBERLAIN AVE
    CHATTANOOGA,TN37406     		NONE 501(C)(3) 500 GRAY CHURCH CHAIRS 16,308
    MOUNT ZION PRAYER CENTER
    480 CENTRAL AVE CLEVELAND TN 37364
    CLEVELAND,TN37364     		NONE 501(C)(3) ACCELERATE ROLL-OUT OF WAILING WOMEN CHAPTERS THROUGHOUT US 57,000
    PRAXIS
    344 W 72 ST 9R
    NEW YORK,NY10023     		NONE 501(C)(3) ACCELERATOR PROGRAM TEAM SUPPORT 25,000
    SUSAN B ANTHONY LIST EDUCATION FUND
    1200 NEW HAMPSHIRE AVE NW 750
    WASHINGTON,DC20036     		NONE 501(C)(3) ADMINISTRATIVE AND SOCIAL MEDIA EXPENSES 60,000
    WIDOWS HARVEST
    PO BOX 2307
    CHATTANOOGA,TN37409     		NONE 501(C)(3) CO-PARTNERSHIP FOR WIDOWS LUNCHEON & COMM STRATEGIES 15,000
    TEEN CHALLENGE OF THE MID-SOUTH
    1108 W 33RD ST
    CHATTANOOGA,TN37410     		NONE 501(C)(3) CORPORATE SPONSOR OF GOLF CLASSIC 2,000
    WAILING WOMEN WORLDWIDE USA
    PO BOX 655
    HILLSIDE,NJ07205     		NONE 501(C)(3) CO-SPONSOR NATIONAL TRAINING & ENVISIONING CONFERENCE 36,000
    THE GATHERING
    601 SHELLEY DR 201
    TYLE,TX75701     		NONE 501(C)(3) CO-SPONSOR ONE PLENARY SESSION AND ONE CLASS AT 2014 GATHERING CONFERENCE 10,000
    LIFE IN ABUNDANCE
    1907 ASCENSION BLVD 240 ARLINGTON
    TX 76006
    ARLINGTON,TX76006     		NONE 501(C)(3) CO-SPONSORSHIP FOR INITIATIVE OF LOCAL CHURCH ENGAGEMENT & MOBILIZATION 40,000
    THORNSTON EDUCATIONAL FUND
    PO BOX 660871
    ARCADIA,CA91066     		NONE 501(C)(3) CO-SPONSORSHIP OF BOARD DEVELOPMENT & STRATEGIC PLANNING PROCESS 35,852
    CARE FOR CHILDREN
    5000 W 134TH ST
    LEAWOOD,KS66209     		NONE 501(C)(3) CO-SPONSORSHIP OF FUNHAM & CO STRATEGY PROJECT TO BUILD ORGANIZATIONAL CAPACITY 20,000
    NATIONAL ABSTINENCE EDUCATION FOUNDATION
    1701 PENNSYLVANIA AVE NW 300
    WASHINGTON,DC20006     		NONE 501(C)(3) CO-SPONSORSHIP OF REBRANDING STRATEGY 25,000
    US HISPANIC ACTION NETWORK
    PO BOX 4828 DALLAS TX 75208
    DALLAS,TX75208     		NONE 501(C)(3) DEVELOPMENT OF THE BIBLICAL CITIZENSHIP APP FOR PHONES 30,000
    WORLD HOPE INTERNATIONAL
    1330 BRADDOCK PLACE 301 ALEXANDRIA
    VA 22314
    ALEXANDRIA,VA22314     		NONE 501(C)(3) EBOLA RELIEF 20,000
    NORTH CAROLINA FAMILY POLICY COUNCIL
    PO BOX 20607
    RALEIGH,NC27619     		NONE 501(C)(3) EDUCATIONAL SOCIAL MEDIA PROJECT 10,000
    NATIONAL CHRISTIAN FOUNDATION HEARTLAND
    706 N LINDENWOOD DR
    OLATHE,KS66062     		NONE 501(C)(3) EVERY TRIBE EVERY NATION 56,250
    FELLOWSHIP OF CHRISTIAN ATHLETES
    PO BOX 338
    HIXSON,TN37343     		NONE 501(C)(3) FCA CHRISTIAN ATHLETE OF THE YEAR SCHOLARSHIP 6,000
    BETHLEHEM CENTER
    BETHLEHEM CENTER PO BOX 2156
    CHATTANOOGA,TN37409     		NONE 501(C)(3) FEED CHILDREN IN AFTER SCHOOL ACADEMY 6,500
    NATIONAL CHRISTIAN FOUNDATION
    11625 RAINWATER DR 500
    ALPHARETTA,GA30009     		NONE 501(C)(3) GLOBAL GENEROSITY PROJECTS 40,000
    LEADERSHIP INTERNATIONAL
    PO BOX 637
    BRENTWOOD,TN37024     		NONE 501(C)(3) HEART, HEAD AND HANDS CURRICULUM PRINTING FOR 1000 STUDENTS 9,000
    GENEROUS CHURCH
    116 VILLAGE BLVD F
    MADISON,MS39110     		NONE 501(C)(3) INSTILLING GENEROSITY PROJECT 38,000
    DISCOVERY INSTITUTE
    208 COLUMBIA ST
    SEATTLE,WA98104     		NONE 501(C)(3) LEADAERSHIP DEVELOPMENT SUPPORT 15,000
    CALVARY CHAPEL CHATTANOOGA
    PO BOX 2127
    CHATTANOOGA,TN37409     		NONE 501(C)(3) MATCHING CHALLENGE FOR THE ANNUAL RENEW MINISTRY BANQUET 50,000
    RIVER CITY COMPANY
    850 MARKET ST 2ND FL MILLER PLAZA
    CHATTANOOGA,TN37402     		NONE 501(C)(3) MOVIES IN CENTRAL PARK SPONSOR 15,000
    AFRICAN STRATEGIC LEADERSHIP PRAYER
    PO BOX 925
    CLEVELAND,TN37364     		NONE 501(C)(3) NATIONAL ASLPN STRATEGY 30,000
    EVERY TRIBE EVERY NATION
    760 E BRITTON RD 100
    OKLAHOMA CITY,OK73114     		NONE 501(C)(3) OPERATING SUPPORT 18,750
    ON POINT
    4509 HIXSON PK BOX 1
    HIXSON,TN37343     		NONE 501(C)(3) OPERATIONAL SUPPORT FOR BRAINERD HIGH SCHOOL 24,000
    THE HOWARD SCHOOL
    2500 S MARKET ST
    CHATTANOOGA,TN37408     		NONE 501(C)(3) PARTIAL SUPPORT OF INNER CITY ATHLETIC PROGRAM 5,000
    DARE2SHARE
    P O BOX 745323
    ARVADA,CO80006     		NONE 501(C)(3) PROGRAMMING & SOFTWARE COSTS FOR INTEGRATING SOFTWARE 18,000
    PIONEERS
    10123 WILLIAM CAREY
    ORLANDO,FL32932     		NONE 501(C)(3) SCENARIO PLANNING 9,840
    VISION AMERICA
    PO BOX 10
    LUFKIN,TX75902     		NONE 501(C)(3) SOCIAL MEDIA INTERN 20,000
    ALASKA FAMILY COUNCIL
    PO BOX 231425
    ANCHORAGE,AK99523     		NONE 501(C)(3) SOCIAL MEDIA MESSAGING 30,000
    FRONT PORCH ALLIANCE
    P O BOX 5242
    CHATTANOOGA,TN37406     		NONE 501(C)(3) SOUTHSIDE ATHLETICS AND AFTER SCHOOL PROGRAM 20,000
    AWAKENING AMERICAN ALLIANCE
    PO BOX 3986
    CLEVELAND,TN37320     		NONE 501(C)(3) SPONSOR CRY OUT AMERICA STATE COORDINATORS RETREAT 4,500
    INTERCESSORS FOR AMERICA
    PO BOX 915 PURCELLVILLE VA 20134
    PURCELLVILLE,VA20134     		NONE 501(C)(3) STATE PRAYER STRATEGY 13,300
    CARE FOR CHILDREN
    5000 W 134TH ST
    LEAWOOD,KS66209     		NONE 501(C)(3) STRATEGIC PLANNING 19,500
    TENNESSEE AQUARIUM
    PO BOX 11048 CHATTANOOGA TN 37401
    CHATTANOOGA,TN37401     		NONE 501(C)(3) SUMMER PROGRAM 7,168
    PUBLIC EDUCATION FOUNDATION
    100 E 10TH ST 500 CHATTANOOGA TN
    37402
    CHATTANOOGA,TN37402     		NONE 501(C)(3) SUPPORT PUBLIC EDUCATION INITIATIVES IN HAMILTON COUNTY 2,500
    THE FAMILY LEADER
    PO BOX 42245
    URBANDALE,IA50323     		NONE 501(C)(3) THE IF 7:14 CALL EVENT 5,000
    RZIM
    4725 PEACHTREE CORNERS CIR 250
    NORCROSS,GA30092     		NONE 501(C)(3) TRAVEL TO SOUTH AFRICA 38,500
    AMERICAN BIBLE SOCIETY
    1865 BROADWAY NEW YORK NY 10023
    NEW YORK,NY10023     		NONE 501(C)(3) UBSA MISSION TRAVEL SUPPORT 10,000
    THE COMMUNITY FOUNDATION OF GREATER CHATT
    1270 MARKET ST
    CHATTANOOGA,TN37402     		NONE 501(C)(3) WOMEN'S FUND OPERATING 320
    CHATTANOOGA CHRISTIAN COMMUNITY FOUNDATION DBA THE GENEROSITY TRUST
    736 MARKET STREET
    CHATTANOOGA,TN37402     		NONE 501(C)(3) VARIOUS 3,950,000
    Total .................................bullet 3a 26,417,080
    bApproved for future payment
    AFRICAN LEADERSHIP INC
    PO BOX 2888
    BRENTWOOD,TN37024     		NONE 501(C)(3) TO HIRE AN INTERNATIONAL PROGRAM OFFICER. 95,000
    ALPHA USA
    2275 HALF DAY ROAD
    BANNOCKBURN,IL60015     		NONE 501(C)(3) FOR A STRATEGIC COUNTRY DEVELOPMENT PROJECT. 50,000
    ASIAN ACCESS LIFE MINISTRIES
    PO BOX 3307
    CERRITOW,CA90703     		NONE 501(C)(3) TO DEVELOP URBAN, EDUCATED, MIDDLE ]CLASSLEADERS IN ASIA. 200,000
    BILD -INTERNATIONAL
    2400 OAKWOOD ROAD
    AMES,IA50014     		NONE 501(C)(3) TO TRAIN LEADERS IN CHURCH ]PLANTING STRATEGIES 90,000
    CHILDREN'S HOPECHEST INC
    PO BOX 63842
    COLORADO SPRINGS,CO80962     		NONE 501(C)(3) TO EXPAND ORPHAN CARE OPERATIONS AND TRACKINGTHROUGH TECHNOLOGY INFRASTRUCTURE AND CAPACITYUPGRADES. 25,000
    DORCAS AID AMERICA INC
    12211 W ALAMEDA
    LAKEWOOD,CO80228     		NONE 501(C)(3) TO EQUIP THE LOCAL COMMUNITY TO ADDRESS THEPHYSICAL AND SPIRITUAL NEEDS OF PEOPLE IN THEIRCOMMUNITY. 75,000
    EDUCATION PUBLIC POLICY AND CONSULTING GLOBAL MGMT FOUNDATION
    1102 HOUCHIN DRIVE
    FRANKLIN,TN37064     		NONE 501(C)(3) TO DEFEND AND ASSIST TEACHERS AND TO IMPROVESUCCESS RATES IN PUBLIC SCHOOLS. 25,000
    FELLOWSHIP OF CHRISTIAN PEACE OFFICERS
    105 LEE PARKWAY
    CHATTANOOGA,TN37402     		NONE 501(C)(3) TO REACH OUT TO INDIVIDUALS, MARRIAGES, ANDFAMILIES OF THOSE WITHIN THE CRIMINAL JUSTICESYSTEM. 20,000
    FRONT PORCH ALLIANCE
    P O BOX 5242
    CHATTANOOGA,TN37406     		NONE 501(C)(3) FOR THE ALTERNATIVE SEMINARY PROGRAM TO REACHOUT TO AND TRAIN CHATTANOOGA FS INNER ]CITYPASTORS. 10,000
    GENEROUS GIVING INC
    820 BROAD STREET STE
    CHATTANOOGA,TN37402     		NONE 501(C)(3) FOR OPERATING SUPPORT TO HELP GENEROUS GIVINGSHARE THE BIBLICAL MESSAGE OF GENEROSITY INORDER TO GROW GENEROUS GIVERS 1,800,000
    GOD OF MIRACLES INC DBA
    977 CENTERVILLE TURNPIKE
    VIRGINIA BEACH,VA23464     		NONE 501(C)(3) TO COMPLETE PRODUCTION, DUBBING, ANDTRANSLATING OF TELEVISION PROGRAMS. 36,000
    INTERNATIONAL HOUSE OF PRAYER - CHATTANOOGA
    THE PLOW BUILDING - THIRD FLOOR
    1604 REGGIE WHITE BLVD SUITE 300
    CHATTANOOGA,TN37402     		NONE 501(C)(3) TO FOSTER A COMMUNITY OF PRAYER IN ORDER TOTRANSFORM CHATTANOOGA FOR CHRIST. 30,000
    THE INTERNATIONAL JUSTICE MISSION
    PO BOX 58147
    WASHINGTON,DC20037     		NONE 501(C)(3) TWO ]YEAR GRANT TO MEET JUSTICE ISSUES GLOBALLY 55,000
    JOSIAH VENTURE NFP
    209 E LIBERTY DR
    WHEATON,IL60187     		NONE 501(C)(3) FOR OUTREACH THOUGH ENGLISH SPORTS CAMP STRATEGIES 15,000
    KING UNIVERSITY
    1350 KING COLLEGE
    BRISTOL,TN37620     		NONE 501(C)(3) TO SUPPORT THE LIBRARY AND SURROUNDING AREARENOVATIONS. 200,000
    MAILBOX CLUB INC THE
    404 EAGER ROAD
    VALDOSTA,GA31602     		NONE 501(C)(3) FOR A LEADERSHIP ]BASED DISCIPLESHIP PROGRAM FORCHILDREN IN INDIA. 55,000
    ONEHUNDREDX
    2626 COLE AVENUE
    DALLAS,TX75204     		NONE 501(C)(3) FOR CHURCH PLANTING IN GERMANY 135,000
    RECONCILED WORLD
    PO BOX 1131
    WHEATON,IL60187     		NONE 501(C)(3) TO BUILD CAPACITY TO PROVIDE COMMUNITYTRANSFORMATION. 50,000
    RENAISSANCE PARTNERSHIP FOR FAITH CIVILITY AND RENEWAL
    2615 HENTHORN RD
    COLUMBUS,OH43221     		NONE 501(C)(3) FOR THE LAUNCH OF RENAISSANCE PARTNERSHIP FORFAITH AND CULTURE 25,000
    Total .................................bullet 3b 2,991,000
    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 ............     		    14 420,141  
    4 Dividends and interest from securities....     14 7,249,759  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 52,849  
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income..... 525990 464,579 14 823,848  
    8
    Gain or (loss) from sales of assets other than inventory .............     		525990 1,208,950 18 26,043,872  
    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).. 1,673,529 34,590,469 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    1336,263,998
    (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 ActyNotPreviouslyRptExpln
    Name:
    THE MACLELLAN FOUNDATION INC
    EIN: 62-6041468
    Explanation:
    THE MACLELLAN FOUNDATION BEGAN HOSTING A GATHERING OF LEADERS OF NON-PROFITS IN GERMANY, CONVENING THEM TOGETHER TO TO TRAIN MINISTRY CEOS ON THE ROLE OF METRICS AND MEASUREMENTS AS THEY ARE RELATED TO FUNDRAISING. THE GOAL OF THE CONVENING IS TO PROVIDE A PLACE FOR DIALOGUE AND LEARNING IN ORDER TO COOPERATIVELY LOOK AT THE ISSUES FACING THE FUNDRAISING SECTOR. DIFFERENT EXPERTS IN THE FIELD PROVIDE INFORMATION AND TECHNICAL ADVICE. THE MACLELLAN FOUNDATION ALSO PARTNERED WITH THE SOUTH AFRICAN FOUNDATION TO HOST A GATHERING OF THE FOUNDATION'S GRANTEES IN AFRICA. THE GOAL OF THE CONVENING WAS TO SHARE BEST PRACTICES AMONG THE AFRICAN GRANTEES THAT WORK WITH CHILDREN. IN ADDITION, THE MACLELLAN FOUNDATION BEGAN WORKING WITH TRIAXIA TO PROVIDE ASSISTANCE TO GRANTEES WITH CURRICULUM DEVELOPMENT, STRATEGIC PLANNING AND RESTRUCTURING.

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

    TY 2014 DepreciationSchedule
    Name:
    THE MACLELLAN FOUNDATION INC
    EIN: 62-6041468
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    (12) 5 DRAWER LATERAL FILES 1993-12-07 7,236 7,236 200DB 7.000000000000 0 0    
    (2) 4 DRAWER LATERAL FILES 1993-12-07 1,110 1,110 200DB 7.000000000000 0 0    
    OFFICE CHAIRS 1994-06-15 4,082 4,082 200DB 7.000000000000 0 0    
    LATERAL FILES WOOD FRONT (7) 2000-04-21 5,184 5,184 200DB 7.000000000000 0 0    
    LATERAL FILES STAND PULL 5 HIGH 2000-04-21 3,414 3,414 200DB 7.000000000000 0 0    
    LATERAL FILES STAND PULL 3 HIGH 2000-04-21 807 807 200DB 7.000000000000 0 0    
    LAMP 2000-04-24 117 117 200DB 7.000000000000 0 0    
    TABLE DESK, BALL & CLAW 2000-05-04 3,857 3,857 200DB 7.000000000000 0 0    
    CREDENZA 74" SHELL 2000-05-04 833 833 200DB 7.000000000000 0 0    
    PEDESTAL BOX/BOX/FILE LEFT 2000-05-04 642 642 200DB 7.000000000000 0 0    
    OPEN KNEEWELL 34" 2000-05-04 255 255 200DB 7.000000000000 0 0    
    MODEST PANEL 34" CENTER 2000-05-04 365 365 200DB 7.000000000000 0 0    
    PEDESTAL FILE/FILE, RIGHT 2000-05-04 627 627 200DB 7.000000000000 0 0    
    SOFA 68" 2000-05-04 2,162 2,162 200DB 7.000000000000 0 0    
    EXECUTIVE CHAIR, MID-BACK 2000-05-04 1,237 1,237 200DB 7.000000000000 0 0    
    SIDE TABLE 24X24 CHAMPAGNE 2000-05-04 395 395 200DB 7.000000000000 0 0    
    END TABLE, CHAMPAGNE 2000-05-04 350 350 200DB 7.000000000000 0 0    
    GUEST CHAIR, MELON 2000-05-05 892 892 200DB 7.000000000000 0 0    
    COCKTAIL TABLE, ANTIQUE CRACKLE 2000-05-05 1,659 1,659 200DB 7.000000000000 0 0    
    SCHUMACHER FABRIC, MELON 2000-05-05 282 282 200DB 7.000000000000 0 0    
    EXECUTIVE CHAIR 2000-05-05 1,575 1,575 200DB 7.000000000000 0 0    
    SOFA SPLAYED ARM 2000-05-05 3,086 3,086 200DB 7.000000000000 0 0    
    GUEST CHAIR, ONION 2000-05-05 1,124 1,124 200DB 7.000000000000 0 0    
    SOFA 83", KAYSER MATERIAL 2000-05-05 3,525 3,525 200DB 7.000000000000 0 0    
    WING CHAIR, TAN 2000-05-05 1,890 1,890 200DB 7.000000000000 0 0    
    GUEST CHAIR, CHENELL 2000-05-05 1,675 1,675 200DB 7.000000000000 0 0    
    GOLD PERSIAN RUG MATERIAL 2000-05-05 1,719 1,719 200DB 7.000000000000 0 0    
    DESK 36X72, CENTER DRAWER & RETURN 2000-05-10 4,429 4,429 200DB 7.000000000000 0 0    
    DESK 36X72, CENTER DRAWER & RETURN 2000-05-10 4,429 4,429 200DB 7.000000000000 0 0    
    DESK 36X72, CENTER DRAWER & RETURN 2000-05-10 4,414 4,414 200DB 7.000000000000 0 0    
    UPPER BOOKCASE HUTCH (3) 2000-05-10 3,556 3,556 200DB 7.000000000000 0 0    
    TACK BOARDS 2 PER HUTCH (6) 2000-05-10 792 792 200DB 7.000000000000 0 0    
    CONFERENCE CHAIRS (4) 2000-05-10 2,681 2,681 200DB 7.000000000000 0 0    
    CONFERENCE CHAIRS (12) 2000-05-10 13,088 13,088 200DB 7.000000000000 0 0    
    FEDERAL CHAIR, ARCCOM FABRIC TANGERINE 2000-05-10 2,890 2,890 200DB 7.000000000000 0 0    
    FEDERAL CHAIR, LUNA TEXTILE FABRIC 2000-05-10 1,230 1,230 200DB 7.000000000000 0 0    
    FEDERAL CHAIR, CARBON 2000-05-10 1,226 1,226 200DB 7.000000000000 0 0    
    VISUAL BOARD CABINET, AMBER 2000-05-10 1,110 1,110 200DB 7.000000000000 0 0    
    PORCELAIN BOARD, BROWN 2000-05-10 356 356 200DB 7.000000000000 0 0    
    CONFERENCE CHAIRS (4) 2000-05-10 4,363 4,363 200DB 7.000000000000 0 0    
    PEDESTAL BASE 2000-06-10 250 250 200DB 7.000000000000 0 0    
    COFFEE TABLE 2000-06-30 2,154 2,154 200DB 7.000000000000 0 0    
    FABRIC, TRIM, LINING & INSTALLATION 2000-06-30 1,372 1,372 200DB 7.000000000000 0 0    
    PROSCRIBE 2000-07-14 199 199 200DB 7.000000000000 0 0    
    TEA CART 2000-07-18 1,124 1,124 200DB 7.000000000000 0 0    
    BRASS LAMPS (2) 2000-07-18 1,264 1,264 200DB 7.000000000000 0 0    
    RED PLANTER BOX 2000-07-18 449 449 200DB 7.000000000000 0 0    
    DECORATIVE PLATE 2000-07-18 116 116 200DB 7.000000000000 0 0    
    HAND PAINTED LAMP 2000-07-18 1,262 1,262 200DB 7.000000000000 0 0    
    RED CHINESE URN LAMP 2000-07-18 1,097 1,097 200DB 7.000000000000 0 0    
    FISH BOWL PLANTERS (2) 2000-07-18 585 585 200DB 7.000000000000 0 0    
    CHINESE RED & GOLD LAMP 2000-07-18 604 604 200DB 7.000000000000 0 0    
    SHANGHAI CLOCK 2000-07-18 127 127 200DB 7.000000000000 0 0    
    MARCO POLO ACCENT PANEL FABRIC 2000-07-18 743 743 200DB 7.000000000000 0 0    
    RUBY MULTI FABRIC 8 YDS 2000-08-31 361 361 200DB 7.000000000000 0 0    
    TASK CHAIRS & 4 LEG STACKER CHAIRS 2000-06-09 6,653 6,653 200DB 7.000000000000 0 0    
    EXECUTIVE HIGH BACK BLACK LEATHER CHAIR 2001-01-26 379 379 200DB 7.000000000000 0 0    
    EVERGREEN FIRELINE 2001-05-10 116 116 200DB 5.000000000000 0 0    
    LATERAL FILES 5 DRAWER 2002-06-04 4,524 4,524 200DB 7.000000000000 0 0    
    VERTICAL FILE 5 DRAWER 2002-06-04 417 417 200DB 7.000000000000 0 0    
    BROTHER ELECTRIC TYPEWRITER 2003-01-02 112 112 200DB 5.000000000000 0 0    
    POWER VAULT 110T 2003-11-20 3,974 3,974 200DB 5.000000000000 0 0    
    XEROX DOXUMATE 520 2004-09-07 1,077 1,077 200DB 5.000000000000 0 0    
    MICROWAVE 2004-10-22 199 199 200DB 7.000000000000 0 0    
    DISHWASHER 2004-10-22 299 299 200DB 7.000000000000 0 0    
    REFRIGERATOR (BOARD ROOM) 2004-10-22 279 279 200DB 5.000000000000 0 0    
    500 SHEET DRAWER 2004-10-29 601 601 200DB 5.000000000000 0 0    
    DELL 5100CN COLOR LASER PRINTER (2) 2004-11-11 2,565 2,565 200DB 5.000000000000 0 0    
    WIRE SHELVING FOR SERVER ROOM 2004-12-02 525 525 200DB 5.000000000000 0 0    
    CHEST 2004-12-13 480 480 200DB 7.000000000000 0 0    
    AUDIO VISUAL EQUIPMENT - VARIOUS 2004-10-30 32,409 32,409 200DB 5.000000000000 0 0    
    LEASEHOLD IMPROVEMENTS TO NEW OFFICES 2004-12-17 140,506 32,427 SL 39.000000000000 3,603 0    
    CHAIR 2005-01-04 598 598 200DB 7.000000000000 0 0    
    48 PORT PATCH PANEL 2005-01-04 404 404 200DB 7.000000000000 0 0    
    AERON CHAIR FOR DARYL 2005-01-10 513 513 200DB 7.000000000000 0 0    
    TIMMERMAN TABLE & 4 CHAIRS FOR BREAKROOM 2005-01-14 735 735 200DB 7.000000000000 0 0    
    FAIRFIELD CHAIR MODEL #1401-01 2005-01-14 799 799 200DB 7.000000000000 0 0    
    FAIRFIELD OFFICE FILE MODEL #8030-84 2005-01-14 735 735 200DB 7.000000000000 0 0    
    EXECUTIVE DESK - SANDY 2005-01-14 1,595 1,595 200DB 7.000000000000 0 0    
    UPPER BOOKCASE - SANDY 2005-01-14 798 798 200DB 7.000000000000 0 0    
    2 EXECUTIVE DESKS - OFFICE 321 & 322 2005-01-14 3,519 3,519 200DB 7.000000000000 0 0    
    2 UPPER BOOKCASE - OFFICE 321 & 322 2005-01-14 1,595 1,595 200DB 7.000000000000 0 0    
    2 EXECUTIVE DESKS 2005-01-14 3,191 3,191 200DB 7.000000000000 0 0    
    OPEN BOOKCASE 2005-01-14 605 605 200DB 7.000000000000 0 0    
    2 UPPER BOOKCASES 2005-01-14 1,595 1,595 200DB 7.000000000000 0 0    
    EXECUTIVE DESK - STEFFANIE 2005-01-14 3,760 3,760 200DB 7.000000000000 0 0    
    UPPER BOOKCASE - STEFFANIE 2005-01-14 1,354 1,354 200DB 7.000000000000 0 0    
    EXECUTIVE DESK - STEVE 2005-01-14 1,595 1,595 200DB 7.000000000000 0 0    
    CREDENZA - STEVE 2005-01-14 892 892 200DB 7.000000000000 0 0    
    UPPER BOOKCASE - STEVE 2005-01-14 798 798 200DB 7.000000000000 0 0    
    4 GUEST CHAIRS 2005-01-14 1,766 1,766 200DB 7.000000000000 0 0    
    CUBICLES 2005-01-14 48,109 48,109 200DB 7.000000000000 0 0    
    2 CHAIRS - FOYER 38748/38747 2005-01-14 2,098 2,098 200DB 7.000000000000 0 0    
    HALL CHEST 2005-01-17 1,998 1,998 200DB 7.000000000000 0 0    
    FICUS TREE (5) 2005-01-17 1,125 1,125 200DB 7.000000000000 0 0    
    SOFA & 2 ADD'L THROW PILLOWS - DAVID 2005-01-17 2,538 2,538 200DB 7.000000000000 0 0    
    MR. LOFT CHAIR - DAVID 2005-01-17 950 950 200DB 7.000000000000 0 0    
    MR. LOFT OTTOMAN - DAVID 2005-01-17 630 630 200DB 7.000000000000 0 0    
    WING CHAIR - HUGH 2005-01-20 999 999 200DB 7.000000000000 0 0    
    SOFA - HUGH 2005-01-20 1,170 1,170 200DB 7.000000000000 0 0    
    2 CHAIRS - HUGH 2005-01-20 2,563 2,563 200DB 7.000000000000 0 0    
    CHAIR - BOARD ROOM 2005-01-20 3,087 3,087 200DB 7.000000000000 0 0    
    CARPETS - ENTRY AND BOARD ROOM 2005-01-20 5,206 5,206 200DB 7.000000000000 0 0    
    PRINTS 2005-01-27 190 190 200DB 7.000000000000 0 0    
    BT SIDE TABLE 2005-01-27 225 225 200DB 7.000000000000 0 0    
    HAMACIAN CARPET RUNNER (HALL) 2005-01-28 3,400 3,400 200DB 7.000000000000 0 0    
    LAMP TABLE HIGHLANDS 2005-01-28 677 677 200DB 7.000000000000 0 0    
    15 LOWENSTEIN SWIVEL CONFERENCE CHAIRS 2005-02-02 10,165 10,165 200DB 7.000000000000 0 0    
    4 (465) THINKS 4U CHAIRS 2005-02-02 2,215 2,215 200DB 7.000000000000 0 0    
    BAMBOO TABLE 2005-02-11 245 245 200DB 7.000000000000 0 0    
    BT GATLEG TABLE 2005-02-11 495 495 200DB 7.000000000000 0 0    
    COFFEE TABLE 2005-02-11 695 695 200DB 7.000000000000 0 0    
    PRINT AND PILLOWS 2005-02-11 388 388 200DB 7.000000000000 0 0    
    2 DRAWER LATERAL FILE 2005-03-03 866 866 200DB 7.000000000000 0 0    
    2 LATERAL FILES 36X24X54 2005-03-03 1,868 1,868 200DB 7.000000000000 0 0    
    LOWENSTEIN SWIVEL CONFERENCE CHAIR 2005-03-07 678 678 200DB 7.000000000000 0 0    
    ROUND TABLE 48" DIAMENTER, CYLINDER DRUM BASE 2005-03-07 1,679 1,679 200DB 7.000000000000 0 0    
    2 BERNHART FURNITURE GUEST CHAIR 2005-03-07 1,125 1,125 200DB 7.000000000000 0 0    
    STORAGE CABINETS - HOME DEPOT 2005-04-26 306 306 200DB 7.000000000000 0 0    
    SERVER STORAGE POWER VAULT 220S, 3U, 14 HDD 2005-04-27 2,225 2,225 200DB 5.000000000000 0 0    
    465 THINKS 4U CHAIRS 2005-05-05 639 639 200DB 7.000000000000 0 0    
    SILK PRINT FOR BOARD ROOM & PINE GROVE POTTERY 2005-05-21 107 107 200DB 7.000000000000 0 0    
    MONITOR, ULTRA SHAPER 19" FLAT 2005-07-21 445 445 200DB 5.000000000000 0 0    
    1 LATERAL 2 DRAWER FILE - OCI DONNA 2005-08-16 796 796 200DB 7.000000000000 0 0    
    4 BOOK SHELVES WOODEN - OCI - ARTHUR 2005-08-16 2,428 2,428 200DB 7.000000000000 0 0    
    CANON COLOR IMAGE RUNNER COPIER 2005-09-06 13,896 13,896 200DB 5.000000000000 0 0    
    CARPET FOR SMALL CONFERENCE ROOM 2005-09-12 4,678 4,678 200DB 7.000000000000 0 0    
    UNIVERSAL REMOTE SYSTEM W/COLOR TOUCH SCREEN 2005-04-27 1,537 1,537 200DB 5.000000000000 0 0    
    LEASEHOLD IMPROVEMENTS 2005-03-31 269,567 60,480 SL 39.000000000000 6,912 0    
    UNINTERRUPTIBLE POWER SUPPLY 3000 VA 2006-05-16 1,020 1,020 200DB 5.000000000000 0 0    
    CHAIR, AERON BASIC 2006-09-18 699 699 200DB 7.000000000000 0 0    
    FENDER PASSPORT DELUXE PD250 & TRIPOD 2006-09-27 1,060 1,060 200DB 5.000000000000 0 0    
    GUEST CHAIRS (4) BEHAR OFFICE 2006-09-28 1,793 1,793 200DB 7.000000000000 0 0    
    DESK FORMAL MAHOGANY ON CHERRY--BEHAR OFFICE 2006-09-28 1,831 1,831 200DB 7.000000000000 0 0    
    ROUND CONFERENCE TABLE 42 DIAMETER 2006-09-28 577 577 200DB 7.000000000000 0 0    
    CREDENZA - BEHAR OFFICE 2006-09-28 1,136 1,136 200DB 7.000000000000 0 0    
    CABINET - BEHAR OFFICE 2006-09-28 1,669 1,669 200DB 7.000000000000 0 0    
    WARDROBE CABINET - BEHAR OFFICE 2006-09-28 1,444 1,444 200DB 7.000000000000 0 0    
    CREDENZE TOP CABINET - BEHAR OFFICE 2006-09-28 832 832 200DB 7.000000000000 0 0    
    AREON CHAIR - BEHAR OFFICE 2006-09-28 1,343 1,343 200DB 7.000000000000 0 0    
    DESK CHAIRS (3) ADMIN. AREA 2006-09-28 932 932 200DB 7.000000000000 0 0    
    GUEST CHAIRS (4) ADMIN. AREA 2006-09-28 1,027 1,027 200DB 7.000000000000 0 0    
    LATERAL FILE - ADMIN. AREA 2006-09-28 306 306 200DB 7.000000000000 0 0    
    UNDER STORAGE TASK LIGHTING (5) 2006-09-28 479 479 200DB 7.000000000000 0 0    
    CUBICLES - ADMIN. AREA 2006-09-28 4,213 4,213 200DB 7.000000000000 0 0    
    DESKS, DRAWERS, STORAGE BINS (3) 2006-09-28 4,551 4,551 200DB 7.000000000000 0 0    
    GUEST CHAIR - REYNOLDS 2006-09-28 257 257 200DB 7.000000000000 0 0    
    DESK, CABINET, FILE DRAWER - REYNOLDS 2006-09-28 2,926 2,926 200DB 7.000000000000 0 0    
    DESK CHAIR - GRANDAD LOW BACK (2) 2006-09-28 622 622 200DB 7.000000000000 0 0    
    GUEST CHAIR - WALCH 2006-09-28 257 257 200DB 7.000000000000 0 0    
    DESK, CABINET, FILE DRAWER - WALCH 2006-09-28 4,047 4,047 200DB 7.000000000000 0 0    
    GRANADA LOW BACK MULTI FUNCTION CHAIRS (3) 2006-09-28 932 932 200DB 7.000000000000 0 0    
    GUEST CHAIR - 4TH FLOOR 2006-09-28 257 257 200DB 7.000000000000 0 0    
    CUBICLES 2006-09-28 5,440 5,440 200DB 7.000000000000 0 0    
    UPS NETWORK MANAGEMENT CARD G3 & 1500VA 2006-10-30 833 833 200DB 5.000000000000 0 0    
    FIREWALL-ASA 5510 APPLIANCE W/SW&SMARTNET 2006-05-22 1,922 1,922 200DB 5.000000000000 0 0    
    POWER VAULT 124T - 7CX6Z91 STORAGE 2006-08-10 6,112 6,112 200DB 5.000000000000 0 0    
    13U NETSHELTER WX FAN 2006-08-31 554 554 200DB 5.000000000000 0 0    
    GREGAR DECORATIONS 2006-08-24 17,034 3,205 SL 39.000000000000 437 0    
    3RD & 4TH FLOOR RENOVATIONS 2007-12-15 26,742 4,173 SL 39.000000000000 686 0    
    BAYPOINT LATERAL FILE 2007-01-15 226 215 200DB 7.000000000000 11 0    
    DELL 20" FLAT PANEL MONITOR 2007-03-02 267 267 200DB 5.000000000000 0 0    
    DELL ULTRASHARP 1707FP FLAT PANEL MONITOR 2007-03-08 405 405 200DB 5.000000000000 0 0    
    LOGITECH QUICKCAM FUSION 2007-03-08 110 110 200DB 5.000000000000 0 0    
    BOOKCASE 2007-06-21 299 286 200DB 7.000000000000 13 0    
    DRAWER LATERAL FILE (RANDY) 2007-06-21 395 376 200DB 7.000000000000 19 0    
    OLYMPIC DIGITAL VOICE RECORDERS (2) 2007-06-21 308 308 200DB 5.000000000000 0 0    
    SMARTUPS RT 6000V (POWER PROTECTION) 2007-07-06 2,989 2,989 200DB 5.000000000000 0 0    
    LIFESIZE ROOM-VIDEO CAMERA WITH CONF. PHONE 2007-07-18 11,879 11,879 200DB 5.000000000000 0 0    
    KVM OVER IP SWITCH & SERVER INTERFACE 2007-07-25 2,939 2,939 200DB 5.000000000000 0 0    
    DESK AND HIGHBACK ORGANIZER 2007-07-26 3,183 3,042 200DB 7.000000000000 141 0    
    POLYCOM SOUNDSTATION CONFERENCE PHONES 2007-07-27 962 962 200DB 5.000000000000 0 0    
    DELL SERVER 2007-08-22 7,542 7,542 200DB 5.000000000000 0 0    
    DELL OPTI 745 COMPUTER 2007-08-22 1,186 1,186 200DB 5.000000000000 0 0    
    DELL LASER PRINTER 1710N 2007-08-22 294 294 200DB 5.000000000000 0 0    
    DELL MONITOR 2407 (3) 2007-08-22 1,917 1,917 200DB 5.000000000000 0 0    
    DELL MONITOR STAND & D/PORT 2007-08-22 154 154 200DB 5.000000000000 0 0    
    MACINTOSH COMPUTER FOR EDITING AUDIO & VIDEO 2007-08-22 3,892 3,892 200DB 5.000000000000 0 0    
    DELL OPTIPLEX 745 2007-08-22 1,398 1,398 200DB 5.000000000000 0 0    
    DELL 5110CN COLOR LASER PRINTER 2007-08-22 680 680 200DB 5.000000000000 0 0    
    CISCO DUAL ETHERNET SECURITY ROUTER 2007-08-22 214 214 200DB 5.000000000000 0 0    
    DELL LASER PRINTER 1710N (2) 2007-08-22 629 629 200DB 5.000000000000 0 0    
    DELL LASER PRINTER 1710N 2007-08-22 294 294 200DB 5.000000000000 0 0    
    DELL 20" FLAT PANEL MONITOR 2007-08-22 207 207 200DB 5.000000000000 0 0    
    SONY CAMCORDER & KRAMER DIGITAL SCALER & SWITCH 2007-08-22 4,472 4,472 200DB 5.000000000000 0 0    
    DUAL EQUIP. RACK, PATCH CORD, VERTICAL & CABLE 2007-08-22 858 858 200DB 5.000000000000 0 0    
    RED ORBIT PLANTYRONICS HEADSETS 2007-09-04 244 244 200DB 5.000000000000 0 0    
    6X9 JUTE HANDSPUN RUG 2007-09-18 261 249 200DB 7.000000000000 12 0    
    TEKLINKS-TOTAL TELEPHONE SYSTEM 2007-09-20 68,980 68,980 200DB 5.000000000000 0 0    
    FRAMING OFFICE/LEE 2008-07-30 1,425 712 200DB 5.000000000000 0 0    
    OFFICE CO-ORDINATORS 2008-01-07 9,552 4,775 200DB 5.000000000000 0 0    
    DESKS (4) 2008-02-28 9,428 4,082 200DB 7.000000000000 421 0    
    WALL UNIT 2008-02-04 9,265 6,699 200DB 7.000000000000 827 0    
    CONFERENCE TABLE/4TH FLOOR 2008-03-06 750 325 200DB 7.000000000000 33 0    
    CHAIRS (4) 2008-03-24 2,750 1,191 200DB 7.000000000000 123 0    
    TABLE AND CHAIRS--RANDY 2008-05-02 3,722 1,611 200DB 7.000000000000 166 0    
    WALL UNIT & CHAIRS--CAROL 2008-05-02 3,278 1,419 200DB 7.000000000000 146 0    
    DESK 2008-05-02 2,185 945 200DB 7.000000000000 98 0    
    TACKBOARD 2008-07-23 227 113 200DB 5.000000000000 0 0    
    SHELVES & TACKBOARD--BETHANY 2008-11-24 536 232 200DB 7.000000000000 24 0    
    NATIONAL GEOGRAPHIC ARTWORK & ALLPOSTERS 2008-08-18 504 218 200DB 7.000000000000 23 0    
    DESK AND CHAIRS--DAUGHERTY 2008-12-10 1,601 692 200DB 7.000000000000 71 0    
    LEASEHOLD IMPROVEMENTS 2008-06-30 24,567 3,465 SL 39.000000000000 630 0    
    PARKING LOT 2008-12-01 689,210 350,348 SL 10.000000000000 68,921 0    
    BUILDING 2008-12-01 4,011,612 522,882 SL 39.000000000000 102,862 0    
    COPIER FOR 4TH FLOOR 2009-05-11 7,308 5,678 200DB 7.000000000000 652 0    
    CHAIR 2009-11-02 807 627 200DB 7.000000000000 72 0    
    (2) NETBOOKS-INSP MINI 10 2010-02-18 824 722 200DB 5.000000000000 91 0    
    DELL BASE NOTEBOOK, CORE PENRYN SP9400 2010-05-18 1,376 1,161 200DB 5.000000000000 156 0    
    (2) BASE SERVER 2010-05-18 4,896 4,131 200DB 5.000000000000 557 0    
    VIDEO STUDIO EQUIPMENT 2010-05-18 4,504 3,800 200DB 5.000000000000 512 0    
    10 CUSTOM FRAMES 2010-06-17 833 585 200DB 7.000000000000 74 0    
    DATA ROBOTICS 10TB DROBO 5 BAY HARD DRIVE 2010-07-20 634 518 200DB 5.000000000000 72 0    
    DELL DESKTOP OPTI 380 2010-09-20 696 568 200DB 5.000000000000 79 0    
    DELL INTEL CORE @ DUO SU9400 2010-09-20 1,657 1,353 200DB 5.000000000000 187 0    
    CORE PENRYN SP9600,B,E4300 LAPTOP 2010-10-19 1,381 1,098 200DB 5.000000000000 151 0    
    POWER EDGE R300 RACK SERVER W/ACCESSORIES 2010-11-17 819 651 200DB 5.000000000000 90 0    
    ROSYR BASE NOTEBOOK 2010-11-17 1,076 855 200DB 5.000000000000 118 0    
    BASE MCSF 380 DESKTOP 2010-11-17 545 433 200DB 5.000000000000 60 0    
    DELL LATTITUDE E4300 LAPTOP 2010-12-21 936 744 200DB 5.000000000000 102 0    
    SEQUATCHIE COUNTY PROPERTY TRACT I 2007-10-10 4,244,626   L   0 0    
    SEQUATCHIE COUNTY PROPERTY TRACT II 2007-10-10 5,930,588   L   0 0    
    LAND 365 ACRES SEQUATCHIE COUNTY 2009-04-02 1,100,380   L   0 0    
    DELL OPTIPLEX 380 - 2 2011-01-19 1,256   200DB 5.000000000000 0 0    
    DELL BASE NOTEBOOK, CORE PENRYN SP9400 2011-01-19 1,425   200DB 5.000000000000 0 0    
    IPAD WIFI 16GB 2011-02-17 695   200DB 5.000000000000 0 0    
    PEDESTALS - 2 2011-03-01 750   200DB 7.000000000000 0 0    
    32 CHANNEL PACKET VOICE/FAC DSP 2011-03-23 521   200DB 5.000000000000 0 0    
    DELL OPTIPLEX 380 - 3 2011-04-18 1,525   200DB 5.000000000000 0 0    
    WIRELESS KEYBOARD 2011-05-17 70   200DB 5.000000000000 0 0    
    DELL LATITUDE E6320 LAPTOP - 2 2011-06-20 3,337   200DB 5.000000000000 0 0    
    IPAD WIFI 16GB - 6 2011-06-20 4,218   200DB 5.000000000000 0 0    
    START STOP DICTATION MACHINE 2011-07-18 98   200DB 7.000000000000 0 0    
    DMI DELL MOUSE/KEYBOARD 2011-07-18 109   200DB 5.000000000000 0 0    
    IPAD 2011-07-18 641   200DB 5.000000000000 0 0    
    IPAD KEYBOARD 2011-07-18 75   200DB 5.000000000000 0 0    
    DESK - OTG VENTNOR RECT DESK SHELL 2011-08-03 639   200DB 7.000000000000 0 0    
    BRIDGES - VENTNOR FLUSH BRIDGE 2011-08-03 276   200DB 7.000000000000 0 0    
    CREDENZAS - VENTNOR 2011-08-03 491   200DB 7.000000000000 0 0    
    STORAGE - VENTNOR 2011-08-03 349   200DB 7.000000000000 0 0    
    GUEST CHAIRS - 2 2011-08-03 213   200DB 7.000000000000 0 0    
    T-MOBILE PHONE INTL 2011-08-17 76   200DB 5.000000000000 0 0    
    HOSHIZAKI ICE MAKER 2011-08-23 1,502   200DB 7.000000000000 0 0    
    DELL LATITUDE E6320 2011-11-17 1,671   200DB 5.000000000000 0 0    
    ERGOTRON 24-313 MOUNTING ARM WITH 19.5" HEIGHT WITH GROMMETS 2014-02-18 821   200DB 7.000000000000 470 0    
    DELL OPTIPLEX 7010 - SANDY 2014-02-20 752   200DB 5.000000000000 451 0    
    DELL OPTIPLEX 7010 - JEREE 2014-02-20 685   200DB 5.000000000000 411 0    
    DELL OPTIPLEX 7010 - SPARE 2014-02-20 737   200DB 5.000000000000 443 0    
    LATITUDE NOTEBOOK E7440 - CINGILLI 2014-02-21 962   200DB 5.000000000000 577 0    
    LATITUDE NOTEBOOK E7440 - SCOTT 2014-02-21 999   200DB 5.000000000000 600 0    
    STANDING WORK STATIONS 2014-02-10 1,571   200DB 7.000000000000 898 0    
    LATITUDE NOTEBOOK E7440 - DENMARK 2014-02-21 999   200DB 5.000000000000 600 0    
    LIFESPAN DESKTOP TREADMILL 2014-03-26 769   200DB 5.000000000000 462 0    
    DELL OUTLET LATITUDE E7440 2014-04-18 888   200DB 5.000000000000 533 0    
    MAYLINE CORSICA BOX FILE WOOD PEDESTAL FILING CABINET FOR CREDEN 2014-04-18 670   200DB 7.000000000000 383 0    
    BOOKCASES (2) 2014-06-06 967   200DB 7.000000000000 553 0    
    CABINETS & MODESTY PANEL FOR DESK 2014-06-06 1,470   200DB 7.000000000000 840 0    
    DELL 161OHD PROJECTOR 2014-06-25 1,357   200DB 5.000000000000 815 0    
    GRANDOVER COLLECTION DESK 2014-08-13 1,929   200DB 7.000000000000 1,103 0    
    DELL P2314H YDPKC 23-INCH SCREEN LED-LIT MONITOR (4) 2014-10-06 620   200DB 5.000000000000 372 0    
    DELL P2314H 23" SCREEN LED-LIT MONITOR (4) 2014-10-22 817   200DB 5.000000000000 491 0    
    HERMAN MILLER ADJUSTABLE AERON HOME OFFICE DESK CHAIR 2014-11-17 689   200DB 7.000000000000 394 0    
    DELL LAT E7440 (FNT1J12) (ASSET 10549) + E-DOCKING SPACER + AUD 2014-11-18 1,445   200DB 5.000000000000 867 0    
    DELL NOTEBOOK 2014-11-18 1,232   200DB 5.000000000000 739 0    
    WOOD FLOORS 2014-11-18 12,092   SL 39.000000000000 26 0    

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

    TY 2014 GainLossSaleOtherAssetsSch
    Name:
    THE MACLELLAN FOUNDATION INC
    EIN: 62-6041468
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    PARTNERSHIP FLOWTHROUGH - UBI SHORT-TERM   PURCHASED     254,995     0 254,995  
    PARTNERSHIP FLOWTHROUGH - UBI - LONG-TERM   PURCHASED     953,955     0 953,955  

    TY 2014 GeneralExplanationAttachment
    Name:
    THE MACLELLAN FOUNDATION INC
    EIN: 62-6041468
    Identifier Return Reference Explanation
    DONOR ADVISED FUNDS FORM 990-PF, PART VII-A, LINE 12 IN 2014, DISTRIBUTIONS TOTALING $21,525,000 WERE MADE TO A DONOR ADVISED FUND AT NATIONAL CHRISTIAN FOUNDATION AND DISTRIBUTIONS TOTALING $3,950,000 WERE MADE TO A DONOR ADVISED FUND AT CHATTANOOGA CHRISTIAN COMMUNITY FOUNDATION (DBA THE GENEROSITY TRUST). THE TRUST RETAINED ADVISORY PRIVILEGES OVER BOTH DONATIONS TO DONOR ADVISED FUNDS. BOTH THE NATIONAL CHRISTIAN FOUNDATION (NCF) AND CHATTANOOGA CHRISTIAN COMMUNITY FOUNDATION (CCCF) ARE SECTION 509(A)(1) ORGANIZATIONS AS REFERRED TO IN SECTION 170(B)(1)(A)(VI). THE ENTIRE AMOUNT WAS TREATED AS A QUALIFYING DISTRIBUTION IN PART XV, LINE 3, CONTRIBUTIONS, GIFTS, GRANTS PAID.THE DONOR-ADVISED FUND AGREEMENTS BETWEEN THE MACLELLAN FOUNDATION AND CCCF AND NCF INCLUDE THE FOLLOWING:ALL PROPERTY AND INCOME DERIVED FROM THE INVESTMENT OF THE FUNDS BELONG EXCLUSIVELY TO THE FUND ADMINISTRATOR. THE FUND ADMINISTRATOR RETAINS FULL AND UNLIMITED CONTROL OVER WHETHER OR NOT TO FOLLOW SPECIFICATIONS AND/OR RECOMMENDATIONS GIVEN BY THE FOUNDATION. NO INCOME OR PRINCIPAL OF THE FUND SHALL BE USED FOR ANY PURPOSE OR PAID TO ANY BENEFICIARY IF SUCH USE OR PAYMENT WOULD NOT BE PERMITTED BY THE INTERNAL REVENUE CODE (THE "CODE") OR REGULATIONS THEREUNDER FOR AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE CODE, TO WHICH CONTRIBUTIONS ARE DEDUCTIBLE UNDER SECTION 170(C)(2) OF THE CODE.

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    THE MACLELLAN FOUNDATION INC
    EIN: 62-6041468
    Name of Stock End of Year Book Value End of Year Fair Market Value
    HANCOCK TIMBERLAND VII, INC. 1,992,825 2,128,151
    ILLIANT-A--22,097 SHS. 0 0
    CHARLES SCHWAB - NOMINEE 4,454,859 5,738,789
    GOLDMAN SACHS 0 0
    VERAN MEDICAL TECHNOLOGIES 7,582,288 7,138,526
    COHERA MEDICAL INC 2,750,000 2,750,000
    NXTHERA INC 7,400,000 7,400,000
    ATLANTA CATHETER THERAPIES INC 1,600,000 1,600,000
    PERSHING 38,410,116 43,797,062

    TY 2014 InvestmentsOtherSchedule2
    Name:
    THE MACLELLAN FOUNDATION INC
    EIN: 62-6041468
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BLITZKREIG INVESTMENTS AT COST 126,875 126,875
    CARPENTERS CODE AT COST 100,000 100,000
    JUST PROJECTS INTERNATIONAL AT COST 30,000 30,000
    LIDERLIK INTERNATIONAL, LLC AT COST 80,000 80,000
    400 CAPITAL CREDIT OPP FUND LP AT COST 0 0
    AERIAL BIOPHARMA AT COST 930,385 730,362
    ALTUM CREDIT FUND, L.P. AT COST 7,605,307 7,618,994
    BIOTECHNOLOGY VALUE FUND AT COST 31,787 3,041
    BLOOM TREE FUND LP AT COST 5,983,763 6,096,027
    UNIFIED BRIDGEPOINT EQUITY PTRS LP AT COST 69,996 0
    BRIGADE DISTRESSED VALUE FUND LP AT COST 8,719,550 8,574,349
    C-III RECOVERY FUND II, LP AT COST 1,007,803 1,004,225
    CEVIAN CAPITAL II, L.P. AT COST 5,759,871 5,597,989
    CLARITAS AT COST 2,435,972 2,435,972
    COMMONFUND CAPITAL INTL VI AT COST 0 0
    FIRST AVENUE PARTNERS II AT COST 2,556,676 2,844,661
    FREESTONE PARTNERS II AT COST 37,388 35,738
    GCM GROSVENOR LS POWER EQUITY II (FKA CREDIT SUISSE LS POWER EQUITY) AT COST 310,723 954,270
    GCM GROSVENOR MACLELLAN INVESTMENT FUND LP AT COST 8,694,107 11,792,925
    GCM GROSVENOR PRIVATE EQUITY III (FKA CSFB PRIVATE EQUITY PTRS III) AT COST 1,344,919 1,790,133
    GOODWATER CAPITAL I, LP AT COST 403,577 403,033
    GREENBRIAR EQUITY FUND, LP AT COST 106,632 39,908
    GREENBRIAR EQUITY (US) FUND, LP AT COST 35,604 5,038
    GREENBRIAR EQUITY II AT COST 2,944,808 4,109,037
    GREENBRIAR EQUITY II AIV BL AT COST 16,027 9,405
    HARBERT MEZZANINE II SBIC AT COST 9,404,139 9,659,286
    HARBERT VENTURE PARTNERS II AT COST 504,459 1,169,328
    HARBERT VALUE CLASS L HOLDINGS (US), LLC AT COST 7,630 33,080
    HARBINGER CLASS L AT COST 0 20,940
    HARBINGER CLASS PE AT COST 364,075 223,691
    HERITAGE HEALTHCARE AT COST 3,178,704 3,613,259
    IONIC EVENT DRIVEN FUND LLC AT COST 4,157,071 4,161,020
    JH INVESTMENT PARTNERS AT COST 632,738 652,092
    JH INVESTMENT PARTNERS II AT COST 362,821 223,638
    KENDALL SQUARE AT COST 0 0
    KERN MEDICAL III AT COST 499,105 149,295
    KLS DIVERSIFIED AT COST 0 0
    KW APPLIANCE AT COST 1,654,208 1,654,208
    KW STRATUS AT COST 645,000 645,000
    LIVINGSTON FUND I AT COST 0 0
    LONGROAD CAPITAL AT COST 309,267 165,687
    MAJESTY I AT COST 0 0
    MORGAN STANLEY RE FUND VI OFFSHORE AT COST 3,139,817 747,663
    MINDSHARE CLOUDFACTORY BRIDGE, LP AT COST 99,488 99,488
    MT. KEMBLE VALUE EQUITY FUND I LLC AT COST 5,615,078 5,995,236
    OPPORTUNITY ECO-HOTEL INVESTMENT FUND, LLC AT COST 247,733 247,733
    PEM/FSF2 AT COST 1,010,484 1,010,485
    PLATTE INVESTORS LLC AT COST 0 0
    PRAIRIE CAPITAL III AT COST 395,093 685,201
    PRAIRIE CAPITAL III2 AT COST 278,993 370,270
    PROVIDENCE MBS FUND AT COST 14,284,050 2,286,279
    RD LEGA AT COST 0 0
    RESOURCE LAND FUND II AT COST 1,071,641 1,059,512
    RESOURCE LAND FUND III AT COST 2,615,785 2,617,336
    RESOURCE LAND IV AT COST 2,833,021 2,808,902
    RINEHART INTL AT COST 0 0
    RIVA CAPITAL PARTNERS LP AT COST 2,517,455 2,325,336
    RIVER V AT COST 0 172,417
    RIVER VI AT COST 1,404,560 2,892,255
    RIVERNORTH CAPITAL AT COST 6,697,622 6,916,261
    SSM AT COST 114,998 114,997
    STN INVESTMENTS AT COST 8,614 0
    TAMARACK GLOBAL HEALTHCARE FUND LP AT COST 0 0
    TELOS VENTURES CAPITAL I, LP AT COST 31,643 31,643
    TENTH ST. FINANCIAL OPP. FUND I, LP AT COST 410,138 410,135
    TENTH ST. FINANCIAL OPP. FUND II, LP AT COST 757,554 757,554
    TENTH ST. FUND I AT COST 449,326 450,205
    TENTH ST. FUND II AT COST 1,303,615 1,358,012
    TENTH ST. FUND III AT COST 3,267,804 3,214,799
    THIRD AVE. RE OPP. FUND AT COST 0 0
    UBS DISTRESSED OPP. FUND AT COST 1,727,277 1,915,056
    WINDROCK AT COST 184,605 381,940
    ARTORIUS OFFSHORE INVESTMENT LTD AT COST 0 0
    ALTUM CREDIT FUND LTD AT COST 0 0
    BERENS GLOBAL VALUE FUND, LTD AT COST 12,000,000 12,125,648
    BLACKSTONE STRATEGIC ALLIANCE AT COST 4,453,925 4,583,223
    BLENHEIM GLOBAL MARKETS FUND AT COST 0 0
    BROOKDALE GLOBAL OPPORTUNITY FUND AT COST 0 0
    CONATUS CAPITAL OVERSEAS AT COST 8,800,000 10,300,225
    CORSAIR CAPITAL INVESTORS, LTD AT COST 0 0
    ELLINGTON CREDIT OPPORTUNITIES PARTNERS AT COST 0 0
    LEE ENHANCED OFFSHORE SP AT COST 2,255,580 82,080
    HARBERT EUROPEAN RE FUND II AT COST 298,126 1,387,656
    HARBINGER CAPITAL SPECIAL SITUATIONS AT COST 1,188,176 146,378
    HAWKES BAY INVESTORS AT COST 3,000,000 3,403,298
    HIGHBRIDGE MULTI-STRATEGY HOLDINGS AT COST 0 0
    JHL CAPITAL PARTNERS II, LP AT COST 0 0
    KENSICO OFFSHORE FUND LTD AT COST 0 0
    KENSINGTON GLOBAL STRATEGIES FD LTD AT COST 0 0
    MAK CAPITAL INT'L FUND (0.7016%) AT COST 0 0
    MAK CAPITAL FARMLAND AT COST 96,728 96,728
    MAK CAPITAL INTERNATIONAL LTD -SIDE POCKET AT COST 239,069 239,069
    MILLENNUIM STRATEGIC CAPITAL LTD AT COST 8,000,000 10,532,057
    MORGAN STANLEY AIP GLOBAL AT COST 0 1,343,501
    OVERLAND RELATIVE VALUE FUND AT COST 0 0
    POINTER OFFSHORE LTD AT COST 0 0
    PRIVATE EQUITY PARTNERS ASIA FUND AT COST 2,006,967 3,045,768
    PS INSTITUTIONAL OFFSHORE LTD AT COST 8,300,000 8,559,690
    RITCHIE MULTI STRATEGY GLOBAL, LTD AT COST 4,608,122 704,667
    RITCHIE ENERGY, LTD AT COST 899,569 143,898
    ROSE GROVE, LTD AT COST 0 0
    SWIFTCURRENT OFFSHORE LTD AT COST 0 24,371
    WOLF CREEK LP AT COST 5,000,000 8,349,459

    TY 2014 LandEtcSchedule2
    Name:
    THE MACLELLAN FOUNDATION INC
    EIN: 62-6041468
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    (12) 5 DRAWER LATERAL FILES 7,236 7,236 0  
    (2) 4 DRAWER LATERAL FILES 1,110 1,110 0  
    OFFICE CHAIRS 4,082 4,082 0  
    LATERAL FILES WOOD FRONT (7) 5,184 5,184 0  
    LATERAL FILES STAND PULL 5 HIGH 3,414 3,414 0  
    LATERAL FILES STAND PULL 3 HIGH 807 807 0  
    LAMP 117 117 0  
    TABLE DESK, BALL & CLAW 3,857 3,857 0  
    CREDENZA 74" SHELL 833 833 0  
    PEDESTAL BOX/BOX/FILE LEFT 642 642 0  
    OPEN KNEEWELL 34" 255 255 0  
    MODEST PANEL 34" CENTER 365 365 0  
    PEDESTAL FILE/FILE, RIGHT 627 627 0  
    SOFA 68" 2,162 2,162 0  
    EXECUTIVE CHAIR, MID-BACK 1,237 1,237 0  
    SIDE TABLE 24X24 CHAMPAGNE 395 395 0  
    END TABLE, CHAMPAGNE 350 350 0  
    GUEST CHAIR, MELON 892 892 0  
    COCKTAIL TABLE, ANTIQUE CRACKLE 1,659 1,659 0  
    SCHUMACHER FABRIC, MELON 282 282 0  
    EXECUTIVE CHAIR 1,575 1,575 0  
    SOFA SPLAYED ARM 3,086 3,086 0  
    GUEST CHAIR, ONION 1,124 1,124 0  
    SOFA 83", KAYSER MATERIAL 3,525 3,525 0  
    WING CHAIR, TAN 1,890 1,890 0  
    GUEST CHAIR, CHENELL 1,675 1,675 0  
    GOLD PERSIAN RUG MATERIAL 1,719 1,719 0  
    DESK 36X72, CENTER DRAWER & RETURN 4,429 4,429 0  
    DESK 36X72, CENTER DRAWER & RETURN 4,429 4,429 0  
    DESK 36X72, CENTER DRAWER & RETURN 4,414 4,414 0  
    UPPER BOOKCASE HUTCH (3) 3,556 3,556 0  
    TACK BOARDS 2 PER HUTCH (6) 792 792 0  
    CONFERENCE CHAIRS (4) 2,681 2,681 0  
    CONFERENCE CHAIRS (12) 13,088 13,088 0  
    FEDERAL CHAIR, ARCCOM FABRIC TANGERINE 2,890 2,890 0  
    FEDERAL CHAIR, LUNA TEXTILE FABRIC 1,230 1,230 0  
    FEDERAL CHAIR, CARBON 1,226 1,226 0  
    VISUAL BOARD CABINET, AMBER 1,110 1,110 0  
    PORCELAIN BOARD, BROWN 356 356 0  
    CONFERENCE CHAIRS (4) 4,363 4,363 0  
    PEDESTAL BASE 250 250 0  
    COFFEE TABLE 2,154 2,154 0  
    FABRIC, TRIM, LINING & INSTALLATION 1,372 1,372 0  
    PROSCRIBE 199 199 0  
    TEA CART 1,124 1,124 0  
    BRASS LAMPS (2) 1,264 1,264 0  
    RED PLANTER BOX 449 449 0  
    DECORATIVE PLATE 116 116 0  
    HAND PAINTED LAMP 1,262 1,262 0  
    RED CHINESE URN LAMP 1,097 1,097 0  
    FISH BOWL PLANTERS (2) 585 585 0  
    CHINESE RED & GOLD LAMP 604 604 0  
    SHANGHAI CLOCK 127 127 0  
    MARCO POLO ACCENT PANEL FABRIC 743 743 0  
    RUBY MULTI FABRIC 8 YDS 361 361 0  
    TASK CHAIRS & 4 LEG STACKER CHAIRS 6,653 6,653 0  
    EXECUTIVE HIGH BACK BLACK LEATHER CHAIR 379 379 0  
    EVERGREEN FIRELINE 116 116 0  
    LATERAL FILES 5 DRAWER 4,524 4,524 0  
    VERTICAL FILE 5 DRAWER 417 417 0  
    BROTHER ELECTRIC TYPEWRITER 112 112 0  
    POWER VAULT 110T 3,974 3,974 0  
    XEROX DOXUMATE 520 1,077 1,077 0  
    MICROWAVE 199 199 0  
    DISHWASHER 299 299 0  
    REFRIGERATOR (BOARD ROOM) 279 279 0  
    500 SHEET DRAWER 601 601 0  
    DELL 5100CN COLOR LASER PRINTER (2) 2,565 2,565 0  
    WIRE SHELVING FOR SERVER ROOM 525 525 0  
    CHEST 480 480 0  
    AUDIO VISUAL EQUIPMENT - VARIOUS 32,409 32,409 0  
    LEASEHOLD IMPROVEMENTS TO NEW OFFICES 140,506 36,030 104,476  
    CHAIR 598 598 0  
    48 PORT PATCH PANEL 404 404 0  
    AERON CHAIR FOR DARYL 513 513 0  
    TIMMERMAN TABLE & 4 CHAIRS FOR BREAKROOM 735 735 0  
    FAIRFIELD CHAIR MODEL #1401-01 799 799 0  
    FAIRFIELD OFFICE FILE MODEL #8030-84 735 735 0  
    EXECUTIVE DESK - SANDY 1,595 1,595 0  
    UPPER BOOKCASE - SANDY 798 798 0  
    2 EXECUTIVE DESKS - OFFICE 321 & 322 3,519 3,519 0  
    2 UPPER BOOKCASE - OFFICE 321 & 322 1,595 1,595 0  
    2 EXECUTIVE DESKS 3,191 3,191 0  
    OPEN BOOKCASE 605 605 0  
    2 UPPER BOOKCASES 1,595 1,595 0  
    EXECUTIVE DESK - STEFFANIE 3,760 3,760 0  
    UPPER BOOKCASE - STEFFANIE 1,354 1,354 0  
    EXECUTIVE DESK - STEVE 1,595 1,595 0  
    CREDENZA - STEVE 892 892 0  
    UPPER BOOKCASE - STEVE 798 798 0  
    4 GUEST CHAIRS 1,766 1,766 0  
    CUBICLES 48,109 48,109 0  
    2 CHAIRS - FOYER 38748/38747 2,098 2,098 0  
    HALL CHEST 1,998 1,998 0  
    FICUS TREE (5) 1,125 1,125 0  
    SOFA & 2 ADD'L THROW PILLOWS - DAVID 2,538 2,538 0  
    MR. LOFT CHAIR - DAVID 950 950 0  
    MR. LOFT OTTOMAN - DAVID 630 630 0  
    WING CHAIR - HUGH 999 999 0  
    SOFA - HUGH 1,170 1,170 0  
    2 CHAIRS - HUGH 2,563 2,563 0  
    CHAIR - BOARD ROOM 3,087 3,087 0  
    CARPETS - ENTRY AND BOARD ROOM 5,206 5,206 0  
    PRINTS 190 190 0  
    BT SIDE TABLE 225 225 0  
    HAMACIAN CARPET RUNNER (HALL) 3,400 3,400 0  
    LAMP TABLE HIGHLANDS 677 677 0  
    15 LOWENSTEIN SWIVEL CONFERENCE CHAIRS 10,165 10,165 0  
    4 (465) THINKS 4U CHAIRS 2,215 2,215 0  
    BAMBOO TABLE 245 245 0  
    BT GATLEG TABLE 495 495 0  
    COFFEE TABLE 695 695 0  
    PRINT AND PILLOWS 388 388 0  
    2 DRAWER LATERAL FILE 866 866 0  
    2 LATERAL FILES 36X24X54 1,868 1,868 0  
    LOWENSTEIN SWIVEL CONFERENCE CHAIR 678 678 0  
    ROUND TABLE 48" DIAMENTER, CYLINDER DRUM BASE 1,679 1,679 0  
    2 BERNHART FURNITURE GUEST CHAIR 1,125 1,125 0  
    STORAGE CABINETS - HOME DEPOT 306 306 0  
    SERVER STORAGE POWER VAULT 220S, 3U, 14 HDD 2,225 2,225 0  
    465 THINKS 4U CHAIRS 639 639 0  
    SILK PRINT FOR BOARD ROOM & PINE GROVE POTTERY 107 107 0  
    MONITOR, ULTRA SHAPER 19" FLAT 445 445 0  
    1 LATERAL 2 DRAWER FILE - OCI DONNA 796 796 0  
    4 BOOK SHELVES WOODEN - OCI - ARTHUR 2,428 2,428 0  
    CANON COLOR IMAGE RUNNER COPIER 13,896 13,896 0  
    CARPET FOR SMALL CONFERENCE ROOM 4,678 4,678 0  
    UNIVERSAL REMOTE SYSTEM W/COLOR TOUCH SCREEN 1,537 1,537 0  
    LEASEHOLD IMPROVEMENTS 269,567 67,392 202,175  
    UNINTERRUPTIBLE POWER SUPPLY 3000 VA 1,020 1,020 0  
    CHAIR, AERON BASIC 699 699 0  
    FENDER PASSPORT DELUXE PD250 & TRIPOD 1,060 1,060 0  
    GUEST CHAIRS (4) BEHAR OFFICE 1,793 1,793 0  
    DESK FORMAL MAHOGANY ON CHERRY--BEHAR OFFICE 1,831 1,831 0  
    ROUND CONFERENCE TABLE 42 DIAMETER 577 577 0  
    CREDENZA - BEHAR OFFICE 1,136 1,136 0  
    CABINET - BEHAR OFFICE 1,669 1,669 0  
    WARDROBE CABINET - BEHAR OFFICE 1,444 1,444 0  
    CREDENZE TOP CABINET - BEHAR OFFICE 832 832 0  
    AREON CHAIR - BEHAR OFFICE 1,343 1,343 0  
    DESK CHAIRS (3) ADMIN. AREA 932 932 0  
    GUEST CHAIRS (4) ADMIN. AREA 1,027 1,027 0  
    LATERAL FILE - ADMIN. AREA 306 306 0  
    UNDER STORAGE TASK LIGHTING (5) 479 479 0  
    CUBICLES - ADMIN. AREA 4,213 4,213 0  
    DESKS, DRAWERS, STORAGE BINS (3) 4,551 4,551 0  
    GUEST CHAIR - REYNOLDS 257 257 0  
    DESK, CABINET, FILE DRAWER - REYNOLDS 2,926 2,926 0  
    DESK CHAIR - GRANDAD LOW BACK (2) 622 622 0  
    GUEST CHAIR - WALCH 257 257 0  
    DESK, CABINET, FILE DRAWER - WALCH 4,047 4,047 0  
    GRANADA LOW BACK MULTI FUNCTION CHAIRS (3) 932 932 0  
    GUEST CHAIR - 4TH FLOOR 257 257 0  
    CUBICLES 5,440 5,440 0  
    UPS NETWORK MANAGEMENT CARD G3 & 1500VA 833 833 0  
    FIREWALL-ASA 5510 APPLIANCE W/SW&SMARTNET 1,922 1,922 0  
    POWER VAULT 124T - 7CX6Z91 STORAGE 6,112 6,112 0  
    13U NETSHELTER WX FAN 554 554 0  
    GREGAR DECORATIONS 17,034 3,642 13,392  
    3RD & 4TH FLOOR RENOVATIONS 26,742 4,859 21,883  
    BAYPOINT LATERAL FILE 226 226 0  
    DELL 20" FLAT PANEL MONITOR 267 267 0  
    DELL ULTRASHARP 1707FP FLAT PANEL MONITOR 405 405 0  
    LOGITECH QUICKCAM FUSION 110 110 0  
    BOOKCASE 299 299 0  
    DRAWER LATERAL FILE (RANDY) 395 395 0  
    OLYMPIC DIGITAL VOICE RECORDERS (2) 308 308 0  
    SMARTUPS RT 6000V (POWER PROTECTION) 2,989 2,989 0  
    LIFESIZE ROOM-VIDEO CAMERA WITH CONF. PHONE 11,879 11,879 0  
    KVM OVER IP SWITCH & SERVER INTERFACE 2,939 2,939 0  
    DESK AND HIGHBACK ORGANIZER 3,183 3,183 0  
    POLYCOM SOUNDSTATION CONFERENCE PHONES 962 962 0  
    DELL SERVER 7,542 7,542 0  
    DELL OPTI 745 COMPUTER 1,186 1,186 0  
    DELL LASER PRINTER 1710N 294 294 0  
    DELL MONITOR 2407 (3) 1,917 1,917 0  
    DELL MONITOR STAND & D/PORT 154 154 0  
    MACINTOSH COMPUTER FOR EDITING AUDIO & VIDEO 3,892 3,892 0  
    DELL OPTIPLEX 745 1,398 1,398 0  
    DELL 5110CN COLOR LASER PRINTER 680 680 0  
    CISCO DUAL ETHERNET SECURITY ROUTER 214 214 0  
    DELL LASER PRINTER 1710N (2) 629 629 0  
    DELL LASER PRINTER 1710N 294 294 0  
    DELL 20" FLAT PANEL MONITOR 207 207 0  
    SONY CAMCORDER & KRAMER DIGITAL SCALER & SWITCH 4,472 4,472 0  
    DUAL EQUIP. RACK, PATCH CORD, VERTICAL & CABLE 858 858 0  
    RED ORBIT PLANTYRONICS HEADSETS 244 244 0  
    6X9 JUTE HANDSPUN RUG 261 261 0  
    TEKLINKS-TOTAL TELEPHONE SYSTEM 68,980 68,980 0  
    FRAMING OFFICE/LEE 1,425 1,425 0  
    OFFICE CO-ORDINATORS 9,552 9,551 1  
    DESKS (4) 9,428 9,217 211  
    WALL UNIT 9,265 7,526 1,739  
    CONFERENCE TABLE/4TH FLOOR 750 733 17  
    CHAIRS (4) 2,750 2,689 61  
    TABLE AND CHAIRS--RANDY 3,722 3,638 84  
    WALL UNIT & CHAIRS--CAROL 3,278 3,204 74  
    DESK 2,185 2,136 49  
    TACKBOARD 227 227 0  
    SHELVES & TACKBOARD--BETHANY 536 524 12  
    NATIONAL GEOGRAPHIC ARTWORK & ALLPOSTERS 504 493 11  
    DESK AND CHAIRS--DAUGHERTY 1,601 1,564 37  
    LEASEHOLD IMPROVEMENTS 24,567 4,095 20,472  
    PARKING LOT 689,210 419,269 269,941  
    BUILDING 4,011,612 625,744 3,385,868  
    COPIER FOR 4TH FLOOR 7,308 6,330 978  
    CHAIR 807 699 108  
    (2) NETBOOKS-INSP MINI 10 824 813 11  
    DELL BASE NOTEBOOK, CORE PENRYN SP9400 1,376 1,317 59  
    (2) BASE SERVER 4,896 4,688 208  
    VIDEO STUDIO EQUIPMENT 4,504 4,312 192  
    10 CUSTOM FRAMES 833 659 174  
    DATA ROBOTICS 10TB DROBO 5 BAY HARD DRIVE 634 590 44  
    DELL DESKTOP OPTI 380 696 647 49  
    DELL INTEL CORE @ DUO SU9400 1,657 1,540 117  
    CORE PENRYN SP9600,B,E4300 LAPTOP 1,381 1,249 132  
    POWER EDGE R300 RACK SERVER W/ACCESSORIES 819 741 78  
    ROSYR BASE NOTEBOOK 1,076 973 103  
    BASE MCSF 380 DESKTOP 545 493 52  
    DELL LATTITUDE E4300 LAPTOP 936 846 90  
    SEQUATCHIE COUNTY PROPERTY TRACT I 4,244,626 0 4,244,626  
    LAND 365 ACRES SEQUATCHIE COUNTY 1,100,380 0 1,100,380  
    DELL OPTIPLEX 380 - 2 1,256 1,256 0  
    DELL BASE NOTEBOOK, CORE PENRYN SP9400 1,425 1,425 0  
    IPAD WIFI 16GB 695 695 0  
    PEDESTALS - 2 750 750 0  
    32 CHANNEL PACKET VOICE/FAC DSP 521 521 0  
    DELL OPTIPLEX 380 - 3 1,525 1,525 0  
    WIRELESS KEYBOARD 70 70 0  
    DELL LATITUDE E6320 LAPTOP - 2 3,337 3,337 0  
    IPAD WIFI 16GB - 6 4,218 4,218 0  
    START STOP DICTATION MACHINE 98 98 0  
    DMI DELL MOUSE/KEYBOARD 109 109 0  
    IPAD 641 641 0  
    IPAD KEYBOARD 75 75 0  
    DESK - OTG VENTNOR RECT DESK SHELL 639 639 0  
    BRIDGES - VENTNOR FLUSH BRIDGE 276 276 0  
    CREDENZAS - VENTNOR 491 491 0  
    STORAGE - VENTNOR 349 349 0  
    GUEST CHAIRS - 2 213 213 0  
    T-MOBILE PHONE INTL 76 76 0  
    HOSHIZAKI ICE MAKER 1,502 1,502 0  
    DELL LATITUDE E6320 1,671 1,671 0  
    ERGOTRON 24-313 MOUNTING ARM WITH 19.5" HEIGHT WITH GROMMETS 821 470 351  
    DELL OPTIPLEX 7010 - SANDY 752 451 301  
    DELL OPTIPLEX 7010 - JEREE 685 411 274  
    DELL OPTIPLEX 7010 - SPARE 737 443 294  
    LATITUDE NOTEBOOK E7440 - CINGILLI 962 577 385  
    LATITUDE NOTEBOOK E7440 - SCOTT 999 600 399  
    STANDING WORK STATIONS 1,571 898 673  
    LATITUDE NOTEBOOK E7440 - DENMARK 999 600 399  
    LIFESPAN DESKTOP TREADMILL 769 462 307  
    DELL OUTLET LATITUDE E7440 888 533 355  
    MAYLINE CORSICA BOX FILE WOOD PEDESTAL FILING CABINET FOR CREDEN 670 383 287  
    BOOKCASES (2) 967 553 414  
    CABINETS & MODESTY PANEL FOR DESK 1,470 840 630  
    DELL 161OHD PROJECTOR 1,357 815 542  
    GRANDOVER COLLECTION DESK 1,929 1,103 826  
    DELL P2314H YDPKC 23-INCH SCREEN LED-LIT MONITOR (4) 620 372 248  
    DELL P2314H 23" SCREEN LED-LIT MONITOR (4) 817 491 326  
    HERMAN MILLER ADJUSTABLE AERON HOME OFFICE DESK CHAIR 689 394 295  
    DELL LAT E7440 (FNT1J12) (ASSET 10549) + E-DOCKING SPACER + AUD 1,445 867 578  
    DELL NOTEBOOK 1,232 739 493  
    WOOD FLOORS 12,092 26 12,066  


    TY 2014 LegalFeesSchedule
    Name:
    THE MACLELLAN FOUNDATION INC
    EIN: 62-6041468
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 62,492 19,256   43,236
    FIELD CONSULTANTS - CHARITABLE WORK 200,679 0   200,679


    TY 2014 OtherAssetsSchedule
    Name:
    THE MACLELLAN FOUNDATION INC
    EIN: 62-6041468
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    BALANCE DUE ON SALE AND DISTRIBUTIONS FROM PARTNERSHIPS 2,233,846 12,124,853 12,124,853
    CUSTOMIZED ENGINEERED PRODUCTS - LOAN 650,000 650,000 650,000
    THISTLEDOWN/BROW WOOD - LOAN 773,441 0 0
    WI MEMPHIS LLC - LOAN 2,868,553 3,163,524 3,163,524
    CAGLE MOUNTAIN - LOAN   4,658,585 4,658,585
    CANGEL ENERGY, LLC   250,000 250,000
    ULAR FARM - LOAN   400,000 400,000


    TY 2014 OtherExpensesSchedule
    Name:
    THE MACLELLAN FOUNDATION INC
    EIN: 62-6041468
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BOOKS AND PERIODICALS 897 224   673
    OFFICE EXPENSES 234,483 117,342   117,140
    INSURANCE 416,297 107,312   308,985
    INVESTMENT EXPENSES 178,390 178,390   0
    INVESTMENT MANAGEMENT FEES 551,019 551,019   0
    MEMBERSHIP DUES 14,732 14,062   670
    BANK MANAGEMENT FEES 8,371 8,371   0
    NON-DEDUCTIBLE EXPENSES THROUGH PARTNERSHIPS 29,258 0   0
    OTHER PORTFOLIO DEDUCTIONS THRU PARTNERSHIPS 2,255,659 2,255,659   0
    GRANT EXPENSES--WORK FOR CHARITIES 1,764,214 0   1,764,214
    EMPLOYEE MATCHING CONTRIBUTIONS 13,800 0   13,800
    TRAINING AND EDUCATION 43,098 0   43,098
    REIMBURSEMENT FOR PAYROLL FROM EXEMPT ORG. -644,515 -161,129   -483,387
    PARTNERSHIP DEDUCTIONS 440,313 440,313   0
    COMPUTER - INTERNET, WEB SITE, E-MAIL, MAINTENANCE & TRAINING 117,171 43,873   73,298
    MISCELLANEOUS 31,062 0   0
    REPAIRS & MAINTENANCE 1,966 491   1,474


    TY 2014 OtherIncomeSchedule2
    Name:
    THE MACLELLAN FOUNDATION INC
    EIN: 62-6041468
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ORDINARY INCOME THROUGH PARTNERSHIPS -173,404 -173,404 -173,404
    OTHER INCOME THROUGH PARTNERSHIPS 148,334 148,334 148,334
    OTHER PORTFOLIO INCOME THROUGH PARTNERSHIPS 370,938 370,938 370,938
    ROYALTIES THROUGH PARTNERSHIPS 58 58 58
    UNRELATED BUSINESS INCOME THROUGH PARTNERSHIPS 464,579 0 464,579
    TIMBER SALES - SEQUATCHIE COUNTY 45,294 45,294 45,294
    MANAGEMENT FEES SHARE 26,381 26,381 26,381
    INSURANCE PROCEEDS 406,247 406,247 406,247


    TY 2014 OtherLiabilitiesSchedule
    Name:
    THE MACLELLAN FOUNDATION INC
    EIN: 62-6041468
    Description Beginning of Year - Book Value End of Year - Book Value
    COMMISSION PAYABLE 0 263,797
    PAYROLL LIABILITY 0 102,843


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    THE MACLELLAN FOUNDATION INC
    EIN: 62-6041468
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MASSEY QUICK--INVESTMENT ADV 0 0   0
    ARCUS CAPITAL PARTNERS 42,920 42,920   0
    CREDIT SUISSE CUSTOMIZED FUND INVESTMENT 19,144 19,144   0
    GCM GROSVENOR MACLELLAN 57,648 57,648   0
    MORGAN STANLEY 36,908 36,908   0
    RIVER ROAD ASSET MANAGEMENT, LLC 10,918 10,918   0
    OTHER MANAGEMENT CONSULTING FEES 22,958 22,958   0
    INVESTMENT CONSULTING 436,833 436,833   0
    CHARITABLE CONSULTING 117,879 0   117,879


    TY 2014 TaxesSchedule
    Name:
    THE MACLELLAN FOUNDATION INC
    EIN: 62-6041468
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE TAX 11,474 11,474   0
    FOREIGN TAX WIHHELD FROM PARTNERSHIP INCOME 53,964 53,964   0
    PROPERTY TAXES 111,888 55,944   55,944
    PAYROLL TAXES 168,374 42,093   126,280
    EXCISE TAX 90,000 0   0