Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
The R B Nordick Foundation
 

Number and street (or P.O. box number if mail is not delivered to street address)675 12th Avenue NE   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
West Fargo, ND580783500
A Employer identification number

45-0442920
B Telephone number (see instructions)

(701) 282-8136
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$41,995,829J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule).............. 3,035,457
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 12,423 12,423  
4 Dividends and interest from securities...... 768,230 768,230  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -138,967
b Gross sales price for all assets on line 6a 7,815,242
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 3,677,143 780,653  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 2,350 0   2,350
c Other professional fees (attach schedule).... Click to see attachment 35,485 35,485   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 15,700 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 17,268 0   17,268
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,105 0   1,105
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 71,908 35,485   20,723
25 Contributions, gifts, grants paid........ 2,227,540 2,227,540
26 Total expenses and disbursements. Add lines 24 and 25 2,299,448 35,485   2,248,263
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,377,695
b Net investment income (if negative, enter -0-) 745,168
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.......... 8,908,728 8,644,924 8,644,924
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) 527,527 Click to see attachment101,986 103,094
b Investments—corporate stock (attach schedule)........ 0 Click to see attachment2,026,620 1,971,603
c Investments—corporate bonds (attach schedule)........ 4,828,337 Click to see attachment5,239,066 5,164,636
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 25,807,539 Click to see attachment25,437,230 26,111,572
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 40,072,131 41,449,826 41,995,829
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 15,170,450 15,170,450
29 Retained earnings, accumulated income, endowment, or other funds 24,901,681 26,279,376
30 Total net assets or fund balances (see instructions)...... 40,072,131 41,449,826
31 Total liabilities and net assets/fund balances (see instructions).. 40,072,131 41,449,826
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 40,072,131
2 Enter amount from Part I, line 27a..................... 2 1,377,695
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 41,449,826
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 41,449,826
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 Publicly Traded Securities P    
b Lehman Bond Recovery P    
c Capital Gains Dividends P    
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 7,802,220   7,954,209 -151,989
b 11,046     11,046
c 1,976     1,976
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       -151,989
b       11,046
c       1,976
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -138,967
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 2,118,321 41,466,305 0.051085
2012 2,115,156 42,399,242 0.049887
2011 1,974,511 43,057,708 0.045857
2010 2,008,540 44,760,662 0.044873
2009 2,008,937 44,904,412 0.044738
2 Total of line 1, column (d) ...................... 2 0.236440
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 0.047288
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 39,787,734
5 Multiply line 4 by line 3....................... 5 1,881,482
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 7,452
7 Add lines 5 and 6......................... 7 1,888,934
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,248,263
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 7,452
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 7,452
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 7,452
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 18,978
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 18,978
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 11,526
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet11,526 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletDouglas R Geeslin Telephone no.bullet (701) 282-8136
    Located atbullet675 12th Avenue NEWest FargoND ZIP+4bullet580783500
    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
     
     
    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
    Yes
     
    .........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). Click to see attachment
    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
    Ralph B Nordick President
    5.00     		0 0 0
    675 12th Avenue NE
    West Fargo,ND580783502
    Douglas R Geeslin Secretary/Treasurer
    1.00     		0 0 0
    675 12th Avenue NE
    West Fargo,ND580783502
    Brett A Nordick Vice President
    10.00     		0 0 0
    675 12th Avenue NE
    West Fargo,ND580783502
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    31,943,841
    b
    Average of monthly cash balances.......................
    1b
    8,449,798
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    40,393,639
    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
    40,393,639
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    605,905
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    39,787,734
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,989,387
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,989,387
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    7,452
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,452
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,981,935
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,981,935
    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
    1,981,935
    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
    2,248,263
    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
    2,248,263
    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
    7,452
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,240,811
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 1,981,935
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 2,048,032
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 2,248,263
    a Applied to 2013, but not more than line 2a 2,048,032
    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..... 200,231
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		1,781,704
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    Ralph B Nordick
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Bethany International
    6820 Auto Club Road Suite J
    Bloomington,MN55438     		None PC General Support 35,000
    China Harvest
    PO Box 12249
    Wichita,KS672772249     		None PC General Support 3,750
    Christain Broadcasting Network
    977 Centerville TPKE
    Virginia BCH,VA23463     		None PC General Support 40,000
    Church Growth Ministries
    28947 River Ridge Road
    Isanti,MN55040     		None PC General Support 50,000
    Deaf Opportunity Outreach
    PO Box 602167
    Charlotte,NC282602167     		None PC General Support 53,000
    Foreign Mission Foundation
    10875 SW 89th Street
    Tigard,OR97223     		None PF General Support 346,000
    Global Empowerment
    87 Outback Loop Linn
    Creek,MO65052     		None PC General Support 13,000
    Heart 4 Lebanon
    PO Box 1294
    Black Mountain,NC28771     		None PC General Support 45,000
    Middle East Bible Outreach
    3605 Sandy Plains Rd Suite 240 PMB
    272
    Marietta,GA30066     		None PC General Support 20,000
    Ministries Developers Network
    PO Box 281
    Brainerd,MN56401     		None PC General Support 70,000
    National Christian Foundation
    11625 Rainwater Drive Suite 500
    Alpharetta,GA300098678     		None PC General Support 123,703
    Near East Initiatives
    6137 Preve Ridge Dr
    New Albany,OH43054     		None PC General Support 125,000
    New India Evang Assoc
    2751 Old Ashby Ridge Rd
    Parkersbug,WV26104     		None PC General Support 181,250
    New Tribes Mission
    1000 E First Street
    Sanford,FL32771     		None PC General Support 75,000
    NEXT
    PO Box 77006
    Seattle,WA98177     		None PC General Support 56,500
    Operation Mobilization
    PO Box 444
    Tyrone,GA302900444     		None PC General Support 635,000
    Outreach Map
    PO Box 1801
    Walnut,CA917881801     		None PC General Support 27,000
    Overseas Missionary Fellowship
    10 West Dry Creek Circle
    Littleton,CO801204413     		None PC General Support 10,000
    South Asia Advocates
    PO Box 2993
    Kirkland,WA980832993     		None PC General Support 177,000
    Strategic Asian Leadership Training
    PO Box 38405
    Charlotte,NC28278     		None PC General Support 20,000
    Strategic Global Assistance Inc
    2601 Benham Ave
    Elkhart,IN46517     		None PC General Support 35,337
    T Net
    PO Box 460579
    Aurora,CO80046     		None PC General Support 60,000
    The Great Commission Foundation
    3230 Seagraves Mill Road
    Hull,GA30646     		None PC General Support 26,000
    Total .................................bullet 3a 2,227,540
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 12,423  
    4 Dividends and interest from securities....     14 768,230  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 -138,967  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 641,686 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13641,686
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2014
    Name of the organization
    The R B Nordick Foundation
     
    Employer identification number

    45-0442920
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




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

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

    45-0442920
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    Ralph Nordick  
    675 12th Avenue NE
     
    West Fargo, ND580783502

    		$3,026,620


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

    Yvonne Nordick Trust  
    PO BOX 9798
     
    Fargo, ND581069798

    		$8,837


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

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

    45-0442920
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 99,828 shares of Alerus Financial stock. $ 2,026,620 2014-12-30
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

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

    45-0442920
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2014 AccountingFeesSchedule
    Name:
    The R B Nordick Foundation
    EIN: 45-0442920
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting Fees 2,350 0   2,350

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

    TY 2014 ExpenditureResponsibilityStmt
    Name:
    The R B Nordick Foundation
    EIN: 45-0442920
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
     
          		10875 SW 89th Avenue
    Tigard,OR97223     		2014-12-16 346,000 120,000 BEAM - For General Operating Expenses98,000 CONCERN - For General Operating Expenses50,000 Bhartiya Sewak Sangati - For General Operating Expenses28,000 Morningstar Foundation - For General Operating Expenses50,000 Badavo Banjara Phozear Trust - For General Operating Expenses 346,000 No      

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    The R B Nordick Foundation
    EIN: 45-0442920
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GENERAL ELEC CAPITAL CORP 1.5% FIX 5/30/13 FLOATS THEREFORE CUSIP 36962G5Y6 500,000 505,870
    ESCROW LEHMAN BROTHERS HOLDINGS 0 14,375
    ATG 16AGL CAPITAL CORP 56,740 53,788
    AGBK19 AGRIBANK FCB 30,125 31,918
    ALLY17 ALLY BANK 100,000 99,502
    AXP 16 AMERICAN EXPRESS CO 66,781 64,294
    AMEZ15 AMERICAN HONDA FINANCE 50,490 50,736
    02005A-EK-0AMOT 2014-4 A2 99,975 99,763
    AMAT17 APPLIED MATLS INC NOTE 114,626 113,383
    ADM 17 ARCHER DANIELS 110,624 104,180
    ABCO16 ASSOC BANC-CORP 54,961 52,198
    BBT 15 BB&T CORP 42,934 41,595
    BBT 17 BB&T CORPORATION 99,959 99,946
    BMWB17 BMW BANK NORTH AMERICA 239,216 238,375
    BR 17 BROADRIDGE FINANCIAL 72,040 70,618
    CA 18 CA INC 101,688 101,680
    COBU19 CAPITAL ONE BANK USA 44,110 43,642
    CCH 15 COCA-COLA HBC FINANCE 55,806 51,381
    CMA 15 COMERICA INC 49,891 50,747
    CPO 17 CORN PRODUCTS INTERNATIONAL INC 112,015 108,783
    CVH 15 COVENTRY HEALTH CARE INC 106,853 100,140
    CSX 18 CSX CORP 68,912 68,138
    DO 15 DIAMOND OFFSHORE DRILL 53,379 51,001
    DTV 16 DIRECTV HOLDINGS/FING 103,567 102,608
    DISC16 DISCOVER BANK 240,000 239,573
    26483E-AE-0 DUN & BRADSTREET CORP 154,599 151,088
    DD 18E.I. DU PONT DE NEMOURS 115,789 113,884
    EMN 17 EASTMAN CHEMICAL CO 102,331 101,561
    ECL 16 ECOLAB INC 94,069 92,927
    ETIC15 ENTERGY TEXAS INC 29,212 28,313
    GMT 15 GATX CORP 105,535 101,433
    HARL16 HARLEY DAVIDSON FINANCIAL SERV 61,822 59,859
    HABC15 HSBC FINANCE CORP 100,000 101,300
    HYUN17 HYUNDAI CAPITAL AMERICA 52,003 52,240
    ZZZZ16 HYUNDAI CAPITAL SERVICES 50,180 52,318
    L 16 LOEWS CORP 98,604 94,568
    MFC 15 MANULIFE FINANCIAL CORP 103,677 101,801
    ORCL17 ORACLE CORP 49,623 49,822
    686330-AF-8 ORIX CORP 74,862 77,542
    PCL 15 PLUM CREEK TIMBERLANDS 108,304 103,883
    POT 15 POTASH CORP 101,950 102,217
    AYE 15 POTOMAC EDISON CO 106,750 102,613
    DGX 15 QUEST DIAGNOSTIC INC 54,813 51,767
    STR 16 QUESTAR CORP 102,450 101,803
    SIEM16 SIEMENS FINANCE 82,765 81,089
    STI 15 SUNTRUST BANK 79,880 77,053
    TE 16 TECO FINANCE INC 103,987 103,505
    TXG 15 TEXAS GAS TRANSMISSION 47,688 45,578
    TMO 15 THERMO ELECTRON CORP 111,435 101,749
    TMK 16 TORCHMARK CORP 112,206 107,301
    891027-AP-9 TORCHMARK CORP 64,293 63,302
    TTXZ17 TTX CO 26,906 26,388
    UNP 17 UNION PACIFIC CORP 56,972 55,847
    UNP 16 UNION PACIFIC CORP 113,000 106,450
    UNH 16 UNITEDHEALTH GROUP INC 102,400 101,583
    XSTR15 XSTRATA FINANCE CANADA 96,269 95,618

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    The R B Nordick Foundation
    EIN: 45-0442920
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALERUS FINANCIAL CORP 522,822 522,822
    ALERUS FINANCIAL CORP 1,503,798 1,448,781

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    The R B Nordick Foundation
    EIN: 45-0442920
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

    0
    State & Local Government Securities - End of Year Book Value:


    101,986
    State & Local Government Securities - End of Year Fair Market Value:


    103,094


    TY 2014 InvestmentsOtherSchedule2
    Name:
    The R B Nordick Foundation
    EIN: 45-0442920
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CITIBANK, NATIONAL ASSOCIATION LAS VEGAS NV CD CUSIP 17312QRC5 AT COST 13,586 13,000
    MIDFIRST BANK OKLAHOMA CITY CD CUSIP 59740JJY6 AT COST 52,208 50,000
    MIDFIRST BANK OKLAHOMA CITY CD CUSIP 59740JJY6 AT COST 23,777 23,000
    BANK NORTH CAROLINA NC CD CUSIP 06414QPR4 AT COST 102,366 99,014
    HERITAGE BANK WOOD RIVER NE CD CUSIP 42722HCA7 AT COST 150,000 150,026
    HERITAGE BANK WOOD RIVER NE CD CUSIP 42722HCA7 AT COST 100,000 100,017
    CITIBANK, NATIONAL ASSOCIATION LAS VEGAS NV CD CUSIP 17312QRK7 AT COST 30,329 29,014
    CITIBANK, NATIONAL ASSOCIATION LAS VEGAS NV CD CUSIP 17312QRK7 AT COST 26,885 26,012
    CAPITAL ONE BANK GLEN ALLEN VA CD CUSIP 14041AXE4 AT COST 15,129 14,017
    CITIBANK, NATIONAL ASSOCIATION LAS VEGAS NV CD AT COST 31,334 30,029
    STAR FINL BK ANDERSON IN CD CUSIP 85512RAT9 AT COST 20,000 20,008
    INVESTORS COMMUNITY BANK MANITOWOC WI CD CUSIP 46147UNG1 AT COST 150,000 150,065
    INVESTORS COMMUNITY BANK MANITOWOC WI CD CUSIP 46147UNG1 AT COST 100,000 100,043
    CAPITAL ONE BANK GLEN ALLEN VA CD CUSIP 14041AXU8 AT COST 16,175 15,030
    FIRST RESOURCE BANK EXTON PA CD CUSIP 336177AJ9 AT COST 150,000 150,086
    FIRST RESOURCE BANK EXTON PA CD CUSIP 336177AJ9 AT COST 100,000 100,057
    JP MORGAN (FORMER WAMU/PVN HENDERSON NEV) CD CUSIP 74407Y2G3 AT COST 50,000 50,112
    JP MORGAN (FORMER WAMU/PVN HENDERSON NEV) CD CUSIP 74407Y2G3 AT COST 50,000 50,112
    CITIBANK, NATIONAL ASSOCIATION LAS VEGAS NV CD CUSIP 17312QRZ4 AT COST 10,419 10,015
    NBT BK NA NORWICH NY CD CUSIP 628779FB1 AT COST 52,001 50,073
    NBT BK NA NORWICH NY CD CUSIP 628779FB1 AT COST 51,976 50,073
    FIRST BANK TR0Y NC CD CUSIP 31931TCD5 AT COST 150,000 150,140
    FIRST BANK TR0Y NC CD CUSIP 31931TCD5 AT COST 100,000 100,093
    SAFRA NATIONAL BANK OF NEW YORK NEW YORK NY CD CUSIP 786580YA2 AT COST 69,000 69,025
    SAFRA NATIONAL BANK OF NEW YORK NEW YORK NY CD CUSIP 786580YA2 AT COST 181,000 181,065
    CHARTER BK EAU CLAIRE WIS CD CUSIP 16116PGN5 AT COST 160,000 160,162
    SOUTHWEST BANK OF ST. LOUIS SAINT LOUIS MO CD CUSIP 844776DQ4 AT COST 49,385 46,152
    BANCO BILBAO VIZCAYA ARGENTARI A PUERTO RICO SAN JUAN PR CD CUSIP 059457UE9 AT COST 120,000 120,115
    BREMER BK N A FARGO N D CD CUSIP 10700QAX2 AT COST 10,290 10,023
    SOUTHWEST BANK OF ST. LOUIS SAINT LOUIS MO CD CUSIP 844776DU5 AT COST 11,570 11,042
    SOUTHWEST BANK OF ST. LOUIS SAINT LOUIS MO CD CUSIP 844776DU5 AT COST 19,250 18,068
    STAR FINANCIAL BANK FORT WAYNE IN CD CUSIP 85512RAU6 AT COST 230,000 230,276
    AMERICAN FED BK FARGO N D CD CUSIP 02600ACD7 AT COST 101,000 101,182
    MIDDLEBURG NATL BK VA CD CUSIP 596131BD3 AT COST 76,130 75,132
    GARRETT ST BK IND CD CUSIP 366526AG6 AT COST 200,000 200,390
    LIBERTYVILLE BK & TR CO ILL CD CUSIP 531554BN2 AT COST 75,628 73,245
    SOUTHWEST BANK OF ST. LOUIS SAINT LOUIS MO CD AT COST 10,595 10,062
    FIRST NATL BK DAMARISCOTTA ME CD CUSIP 325351FP4 AT COST 150,000 150,402
    FIRST NATL BK DAMARISCOTTA ME CD CUSIP 325351FP4 AT COST 100,000 100,268
    GE CAP FINL INC RETAIL CD CUSIP 36160TQY5 AT COST 17,275 17,040
    CAPITAL ONE, NATIONAL ASSOCIATION MCLEAN VA CD CUSIP 14042EHX1 AT COST 37,213 35,261
    LAKE FST BK & TR CO ILL CD CUSIP 509685ED1 AT COST 72,367 70,305
    SECURITY FINANCIAL BANK DURAND WI CD CUSIP 81424TAK0 AT COST 150,000 150,443
    SECURITY FINANCIAL BANK DURAND WI CD CUSIP 81424TAK0 AT COST 100,000 100,295
    1ST SOURCE BANK SOUTH BEND IA CD CUSIP 33646CDA9 AT COST 82,054 83,167
    CAPITAL ONE BANK (USA) N.A. GLEN ALLEN VA CD CUSIP 14041AG52 AT COST 15,205 14,112
    ROLLSTONE BANK & TRUST FITCHBURG MA CD CUSIP 77579AAM8 AT COST 10,167 10,055
    ENTERPRISE BANK ALLISON PARK PA CD CUSIP 29367RDX1 AT COST 150,000 150,423
    ENTERPRISE BANK ALLISON PARK PA CD CUSIP 29367RDX1 AT COST 100,000 100,282
    MIDFIRST BANK OKLAHOMA CITY OK CD CUSIP 59740JNY1 AT COST 36,597 35,198
    MIDFIRST BANK OKLAHOMA CITY OK CD CUSIP 59740JNY1 AT COST 30,912 30,170
    FIRST BK HIGHLAND PK ILL CD CUSIP 3191406Y0 AT COST 40,169 39,246
    SIGNATURE BANK CHICAGO IL CD CUSIP 82669VBL4 AT COST 20,476 20,088
    BANCO SANTANDER PUERTO RICO SAN JUAN PR CD CUSIP 059646QV4 AT COST 50,946 49,341
    DISCOVER BANK GREENWOOD DE CD CUSIP 25469JEL9 AT COST 14,169 13,158
    PARAGON COMMERCIAL BANK RALEIGH NC CD CUSIP 69911Q3D5 AT COST 25,234 24,182
    PARAGON COMMERCIAL BANK RALEIGH NC CD CUSIP 69911Q3D5 AT COST 23,827 23,174
    CAPITOL FED SVGS BK TOPEKA KS CD CUSIP 14058ABD0 AT COST 14,484 14,109
    DISCOVER BK GREENWOOD DE CD CUSIP 254671AR1 AT COST 11,077 11,028
    INVESTORS SAVINGS BANK SHORT HILLS NJ CD CUSIP 46176PAP0 AT COST 245,000 246,279
    CAPITOL FED SVGS BK TOPEKA KS CD CUSIP 14058ABK4 AT COST 98,174 95,868
    BANK OF INTERNET USA SAN DIEGO CA CD CUSIP 06279LCB8 AT COST 20,478 20,188
    CAPITAL ONE, NATIONAL ASSOCIATION MCLEAN VA CD CUSIP 14042ERD4 AT COST 30,447 28,465
    KATAHDIN TR CO PATTEN ME CD CUSIP 485836DV9 AT COST 100,241 97,910
    WORLD FINANCIAL NETWORK BANK (JUMBO) WILMINGTON DE CD CUSIP 982999BI4 AT COST 100,000 100,178
    WORLD FINANCIAL NETWORK BANK (JUMBO) WILMINGTON DE CD CUSIP 982999BI4 AT COST 100,000 100,178
    BRIDGEVIEW BANK GROUP BRIDGEVIEW IL CD CUSIP 108551KD3 AT COST 14,971 15,104
    FIRST BK HIGHLAND PK ILL CD CUSIP 3191407G8 AT COST 91,189 90,694
    DISCOVER BANK GREENWOOD DEL CD CUSIP 25469JLG2 AT COST 19,328 18,354
    FLUSHING SVGS BK N Y CD CUSIP 344030EC1 AT COST 13,201 13,094
    CAPITAL ONE BANK (USA) N.A. GLEN ALLEN VA CD CUSIP 14041A5D7 AT COST 39,692 36,801
    COMPASS BK CD Birmingham AL CD CUSIP 20451PAP1 AT COST 215,000 215,791
    COMMERCEWEST BANK NA CALIF CD CUSIP 20084TGF4 AT COST 10,276 10,087
    GOLDMAN SACHS BANK USA SALT LAKE CITY UTAH CD CUSIP 381426LV5 AT COST 21,650 20,501
    GOLDMAN SACHS BANK USA SALT LAKE CITY UTAH CD CUSIP 381426LZ6 AT COST 10,881 10,262
    GIBRALTER PRIVATE BANK & TRUST CORAL GABLES CD CUSIP 37475PBH4 AT COST 27,622 25,646
    REPUBLIC BK INC BOUNTIFUL UTAH CD CUSIP 760310PY2 AT COST 26,164 25,454
    GOLDMAN SACHS BANK USA SALT LAKE CITY UTAH CD CUSIP 381426MK8 AT COST 33,386 31,864
    MB FINANCIAL BANK, NA CHICAGO IL CD CUSIP 55266CHQ2 AT COST 23,084 22,404
    MB FINANCIAL BANK, NA CHICAGO IL CD CUSIP 55266CHQ2 AT COST 26,153 25,460
    QUEENSBOROUGH NATIONAL BANK & TRUST COMPANY GA CD CUSIP 74824XCV6 AT COST 96,267 95,876
    CAPITAL ONE, NATIONAL ASSOCIATION MCLEAN VA CD CUSIP 14042EZM5 AT COST 50,000 51,507
    CAPITAL ONE, NATIONAL ASSOCIATION MCLEAN VA CD CUSIP 14042EZM5 AT COST 50,000 51,507
    CAPITAL ONE BANK (USA) N.A. GLEN ALLEN VA CD CUSIP 140420DC1 AT COST 27,024 25,775
    CAPITAL ONE BK USA NATL ASSN GLEN ALLEN VA CERT OF DEP CUSIP 140420DB3 AT COST 10,769 10,300
    DISCOVER BANK GREENWOOD DEL CD CUSIP 25469JUC1 AT COST 50,000 51,549
    ST BK OF INDIA CD NEW YORK NY CD CUSIP 856284N26 AT COST 100,121 100,189
    COMPASS BK CD BIRMINGHAM AL CD CUSIP 20451PDY9 AT COST 35,078 35,066
    STATE BK INDIA CHICAGO IL CD CUSIP 856283QY5 AT COST 10,283 10,123
    AMERICAN SEC BK & TR CO TN CD CUSIP 02956PAU8 AT COST 150,000 151,160
    AMERICAN SEC BK & TR CO TN CD CUSIP 02956PAU8 AT COST 100,000 100,773
    GOLDMAN SACHS BANK USA SALT LAKE CITY UT CD CUSIP 381426NA9 AT COST 16,401 15,419
    COMMERCEBANK N A CORAL GABLES FL CD CUSIP 20084SAY1 AT COST 140,318 138,988
    GOLDMAN SACHS BANK USA SALT LAKE CITY UTAH CD CUSIP 381426PX7 AT COST 18,912 17,599
    GOLDMAN SACHS BANK USA SALT LAKE CITY UTAH CD CUSIP 381426PX7 AT COST 10,882 10,352
    ST BK OF INDIA CD NEW YORK CITY NY CD CUSIP 856284Q98 AT COST 119,444 119,262
    GOLDMAN SACHS BANK USA SALT LAKE CITY UT CD CUSIP 381426QR9 AT COST 33,500 30,909
    STOCKMAN BK MONT MILES CITY CD CUSIP 86128QBB AT COST 11,038 10,365
    UBS BK USA SALT LAKE CITY UT CD CUSIP 90348JAG5 AT COST 149,998 151,721
    UBS BK USA SALT LAKE CITY UT CD CUSIP 90348JAG5 AT COST 99,999 101,147
    GE CAP FINL INC RETAIL CD CUSIP 36160TEV4 AT COST 11,191 10,374
    GOLDMAN SACHS BANK USA SALT LAKE CITY UT CD CUSIP 381426RR8 AT COST 63,636 59,853
    AMERICAN EXPRESS CENTURION BANK SALT LAKE CITY UT CD CUSIP 02587DGL6 AT COST 70,317 69,756
    FLUSHING SVGS BK N Y CD CUSIP 344030DP3 AT COST 10,154 10,127
    GOLDMAN SACHS BANK USA SALT LAKE CITY UT CD CUSIP 381426TY1 AT COST 16,823 15,499
    GE CAP FINL INC CD CUSIP 36160TFF8 AT COST 56,120 52,017
    AMERICAN EXPRESS CENTURION BANK SALT LAKE CITY UT CD CUSIP 02587DHH4 AT COST 20,371 20,225
    AMERICAN EXPRESS CENTURION BANK SALT LAKE CITY UT CD CUSIP 02587DHH4 AT COST 30,620 30,338
    ST BK OF INDIA CD NEW YORK NY CD CUSIP 856284H72 AT COST 31,204 31,149
    BMW BANK OF NORTH AMERICA SALT LAKE CITY UT CD CUSIP 05568PA31 AT COST 12,237 12,168
    MIDLAND ST BK EFFINGHAM ILL CD CUSIP 59774QDP4 AT COST 125,000 125,711
    MIDLAND ST BK EFFINGHAM ILL CD CUSIP 59774QDP4 AT COST 125,000 125,711
    LAFAYETTE ST BK M AT COST 9,996 10,025
    GOLDMAN SACHS BANK USA SALT LAKE CITY UT CD CUSIP 381426WB7 AT COST 32,866 30,992
    GOLDMAN SACHS BANK USA SALT LAKE CITY UT CD CUSIP 381426WB7 AT COST 15,255 14,463
    GOLDMAN SACHS BANK USA NEW YORK PLAZA NY CD CUSIP 381426WV3 AT COST 14,164 13,454
    GE CAPITAL RETAIL BANK (FORMER LY GE MONEY BK) DRAPER UTAH CD CUSIP 36159CGD AT COST 50,000 52,056
    GE CAPITAL RETAIL BANK (FORMER LY GE MONEY BK) DRAPER UTAH CD CUSIP 36159CGD AT COST 50,000 52,056
    CLAYTON BANK AND TRUST KNOXVILLE TN CD CUSIP 184027AK6 AT COST 150,000 152,322
    CLAYTON BANK AND TRUST KNOXVILLE TN CD CUSIP 184027AK6 AT COST 100,000 101,548
    GULF COAST BANK AND TRUST COMPANY NEW ORLEANS LA CD CUSIP 402194DC5 AT COST 150,000 152,132
    GULF COAST BANK AND TRUST COMPANY NEW ORLEANS LA CD CUSIP 402194DC5 AT COST 100,000 101,421
    KATAHDIN TR CO PATTEN ME CD CUSIP 485836DP2 AT COST 41,897 41,080
    ISRAEL DISC BK NEW YORK N Y CD CUSIP 465076GV3 AT COST 150,000 152,129
    ISRAEL DISC BK NEW YORK N Y CD CUSIP 465076GV3 AT COST 100,000 101,419
    AMERICAN STATE BANK OSCEOLA IA CD CUSIP 029733AR3 AT COST 10,289 10,143
    COLE TAYLOR BANK CHICAGO IL CD CUSIP 193296XY1 AT COST 154,000 156,313
    GE CAPITAL FINANCIAL INC HOLLADAY UT CD CUSIP 36160VFY2 AT COST 54,928 51,736
    GOLDMAN SACHS BANK USA NEW YORK NY CD CUSIP 38143AHJ7 AT COST 42,000 42,359
    BMW BANK OF NORTH AMERICA SALT LAKE CITY UT CD CUSIP 05568PE29 AT COST 102,971 101,489
    BMW BANK OF NORTH AMERICA SALT LAKE CITY UT CD CUSIP 05568PE29 AT COST 13,385 13,194
    SOUTH COASTAL BANK ROCKLAND MA CD CUSIP 837444AC2 AT COST 10,339 10,165
    ROLLSTONE BANK & TRUST FITCHBURG MA CD CUSIP 77579AAU0 AT COST 240,000 243,809
    STATE BK INDIA CHICAGO ILL CD CUSIP 856283MC7 AT COST 104,942 100,708
    GOLDMAN SACHS BANK USA NEW YORK NY CD CUSIP 38143AKP9 AT COST 140,000 140,907
    AMERICAN EAGLE BK SOUTH ELGIN ILL CD CUSIP 02554BBU4 AT COST 150,000 152,408
    AMERICAN EAGLE BK SOUTH ELGIN ILL CD CUSIP 02554BBU4 AT COST 100,000 101,605
    SOUTHPOINT BK BIRMINGHAM ALA CD CUSIP 84464PAS6 AT COST 54,127 51,596
    ASHEVILLE SVGS BK SSB NORTH CAROLINA FID CUSIP 04407RAK7 AT COST 125,000 124,740
    UNION SVGS BK DANBURY CONN CD CUSIP 908139AU2 AT COST 150,000 152,357
    UNION SVGS BK DANBURY CONN CD CUSIP 908139AU2 AT COST 100,000 101,571
    TRANS ALLIANCE CD OGDEN UT CD CUSIP 89387W5W1 AT COST 250,000 250,755
    DISCOVER BANK GREENWOOD DE CD CUSIP 2546704W9 AT COST 10,000 10,090
    STATE BK INDIA CHICAGO ILL CD CUSIP 856283RD0 AT COST 10,465 10,194
    STATE BK INDIA CHICAGO ILL CD CUSIP 856283RD0 AT COST 25,889 25,485
    EVERBANK JACKSONVILLE FSB CD AT COST 29,970 30,043
    EVERBANK JACKSONVILLE FL CD CUSIP 29976DLT5 AT COST 27,365 25,919
    DISCOVER BANK GREENWOOD CD CUSIP 254670B68 AT COST 51,400 50,934
    FIRST ST BK MONTICELLO ILL CD CUSIP 33650HAG1 AT COST 26,932 25,781
    ALLY BANK ( FORMERLY GMAC BK) MIDVALE CD CUSIP 02005QLG6 AT COST 100,000 101,882
    BMW BANK OF NORTH AMERICA SALT LAKE CITY UT CD CUSIP 05568PW29 AT COST 88,000 88,740
    AMERICAN EXPRESS CENTURION BANK SALT LAKE CITY UT CD CUSIP 02586TLS1 AT COST 48,201 45,558
    METLIFE BANK, NA BRIDGEWATER NJ CD CUSIP 591557FX6 AT COST 10,269 10,192
    GE CAPITAL RETAIL BANK (FORMER LY GE MONEY BK) DRAPER UT CD CUSIP 36159UNT9 AT COST 15,953 15,423
    ROCKVILLE BK Vernon Rockville CT CD CUSIP 77413RAD1 AT COST 150,000 150,240
    ROCKVILLE BK Vernon Rockville CT CD CUSIP 77413RAD1 AT COST 100,000 100,160
    BANK LEUMI USA NEW YORK N Y CD CUSIP 063248DP0 AT COST 63,000 64,237
    BANK LEUMI USA NEW YORK N Y CD CUSIP 063248DP0 AT COST 187,000 190,673
    STATE BANK FINANCIAL LA CROSSE WI CD CUSIP 85618PAT6 AT COST 245,000 249,841
    MIDDLEBURG BK CD Middleburg VA CD CUSIP 596131CA8 AT COST 46,392 47,404
    GE CAPITAL FINANCIAL INC. HOLLADAY CD CUSIP 36160VJB8 AT COST 20,816 19,761
    WORLD FINL CAPITAL BANK SALT LAKE CITY UTAH CD CUSIP 98146QAV3 AT COST 125,000 127,523
    WORLD FINL CAPITAL BANK SALT LAKE CITY UTAH CD CUSIP 98146QAV3 AT COST 125,000 127,523
    GE CAPITAL RETAIL BANK (FORMER LY GE MONEY BANK) DRAPER UT CD CUSIP 36161NLA AT COST 79,348 78,391
    GOLF SVGS BK MTN TER WASH CD CUSIP 38167PLX9 AT COST 54,751 52,014
    WAYNE SVGS CMNTY BK WOOSTER OH CD CUSIP 946251AA3 AT COST 125,000 127,558
    WAYNE SVGS CMNTY BK WOOSTER OH CD CUSIP 946251AA3 AT COST 125,000 127,558
    BANK INTERNET USA SAN DIEGO CA CD CUSIP 06279LCM4 AT COST 230,000 234,722
    AMERICAN EXPRESS BANK, FSB SALT LAKE CITY UT CD CUSIP 02580VTB1 AT COST 54,745 52,024
    FIRSTBANK CD SANTURCE PR CD CUSIP 33764JGY5 AT COST 150,000 151,242
    NEBRASKALAND NATIONAL BANK NORTH PLATTE NE CD CUSIP 63970QDY9 AT COST 25,365 25,522
    THE WASHINGTON TRUST COMPANY OF WESTERLY WESTERLY RI CD CUSIP 940637FB2 AT COST 125,000 127,620
    THE WASHINGTON TRUST COMPANY OF WESTERLY WESTERLY RI CD CUSIP 940637FB2 AT COST 125,000 127,620
    FIRST MIDWEST BK BUFFALO GROVE IL CD CUSIP 32086SKQ0 AT COST 125,000 127,614
    FIRST MIDWEST BK BUFFALO GROVE IL CD CUSIP 32086SKQ0 AT COST 125,000 127,614
    DORAL BANK CD San Juan PR CD CUSIP 25811LW88 AT COST 100,000 100,871
    DORAL BANK CD San Juan PR CD CUSIP 25811LW88 AT COST 150,000 151,307
    GE CAP FINL INC RETAIL CD CUSIP 36160TKC9 AT COST 10,898 10,393
    UNITY BANK CLINTON NJ CD CUSIP 91330AAQ0 AT COST 125,000 127,656
    UNITY BANK CLINTON NJ CD CUSIP 91330AAQ0 AT COST 125,000 127,656
    FIRSTBANK CD Santurce PR CD CUSIP 33764JHM0 AT COST 100,000 100,795
    BANK OF BARODA NEW YORK NY CD CUSIP 0606232T1 AT COST 125,000 127,875
    BANK OF BARODA NEW YORK NY CD CUSIP 0606232T1 AT COST 125,000 127,875
    NORTH JERSEY CMNTY BANK ENGLEWOOD CLIFFS CD CUSIP 660159AA2 AT COST 125,000 127,641
    NORTH JERSEY CMNTY BANK ENGLEWOOD CLIFFS CD CUSIP 660159AA2 AT COST 75,000 76,585
    FARMERS ST BK STICKNEY S D CD CUSIP 31034NAB0 AT COST 11,361 10,685
    FARMERS ST BK STICKNEY S D CD CUSIP 31034NAB0 AT COST 11,779 10,685
    BANK OF GEORGETOWN WASH DC CD CUSIP 06424XAW2 AT COST 125,000 127,655
    BANK OF GEORGETOWN WASH DC CD CUSIP 06424XAW2 AT COST 125,000 127,655
    CAMDEN NATL BK ME CD CUSIP 133033DL1 AT COST 125,000 127,679
    CAMDEN NATL BK ME CD CUSIP 133033DL1 AT COST 125,000 127,679
    SALLIE MAE BK CD MURRAY UT CD CUSIP 795450NZ4 AT COST 150,000 151,149
    GE CAP FINL INC RETAIL CD CUSIP 36160TKT2 AT COST 59,891 57,198
    GOLDMAN SACHS CD NEW YORK NY CD CUSIP 38143AZP3 AT COST 55,000 55,331
    MB FINANCIAL BANK, NA CHICAGO IL CD CUSIP 55266CKB1 AT COST 52,194 51,426
    AMERICAN EXPRESS CENTURION BANK SALT LAKE CITY UT CD CUSIP 02586TE91 AT COST 16,358 15,620
    SHORE BK ONLEY VA CD CUSIP 825109AG6 AT COST 125,000 124,940
    SHORE BK ONLEY VA CD CUSIP 825109AG6 AT COST 125,000 124,940
    AMERICAN EXPRESS CENTURION BANK SALT LAKE CITY UT CD CUSIP 02586TG57 AT COST 81,543 78,117
    GE CAPITAL RETAIL BANK (FORMER LY GE MONEY BK) DRAPER UTAH CD CUSIP 36159UUC AT COST 18,619 18,368
    CIT BANK SALT LAKE CITY UT CD CUSIP 17284AZE1 AT COST 85,928 84,634
    M & I MARSHALL & ILSLEY BK MILWAUKEE WIS CD CUSIP 55405PEG0 AT COST 13,616 12,819
    LUANA SVGS BK CD LUANA IA CD CUSIP 549103MF3 AT COST 250,000 250,060
    BUSINESS FIRST BANK BATON ROUGE LA CD CUSIP 123257BY2 AT COST 157,512 151,009
    GE CAPITAL RETAIL BANK DRAPER UT CD CUSIP 36159D4A9 AT COST 41,127 40,649
    GE CAPITAL FINANCIAL INC. HOLLADAY UT CD CUSIP 36160VC41 AT COST 24,685 24,428
    BMW BANK OF NORTH AMERICA SALT LAKE CITY UT CD CUSIP 05568PU62 AT COST 17,561 17,276
    BMW BANK OF NORTH AMERICA SALT LAKE CITY UT CD CUSIP 05568PU62 AT COST 20,569 20,325
    AMERICAN EXPRESS CENTURION BANK SALT LAKE CITY CD CUSIP 02586T5E0 AT COST 10,939 10,443
    CIT BANK SLC CD SALT LAKE CITY UT CD CUSIP 17284AX45 AT COST 150,000 151,460
    COUNTRY BK NEW YORK NY CD CUSIP 22230PAE0 AT COST 22,860 21,487
    MIDFIRST BANK OKLAHOMA CITY CD CUSIP 59740JJZ3 AT COST 10,881 10,451
    BARCLAYS BANK DELAWARE WILMINGTON DE CD AT COST 99,212 97,692
    CAROLINA FIRST BK GRENVILLE SC CD CUSIP 143876NV8 AT COST 27,500 26,917
    SOMERSET TRUST COMPANY SOMERSET PA CD CUSIP 835104BB5 AT COST 101,541 101,805
    INDEPEDENT BK CD MEMPHIS TN CD CUSIP 45383UNC5 AT COST 250,000 249,610
    ORITANI BANK TOWNSHIP OF WASHINGTON NJ CD CUSIP 68632RAC7 AT COST 20,774 20,613
    BRISTOL COUNTY SAVINGS BANK TAUNTON MA CD CUSIP 110001AE4 AT COST 10,565 10,477
    AMERICAN BK CD Sioux Center IA CD CUSIP 029728AM4 AT COST 250,000 249,528
    METROPOLITAN CAP BK CHICAGO IL CD CUSIP 591803AN1 AT COST 16,385 16,278
    MIDFIRST BANK OKLAHOMA CITY OK CD CUSIP 59740JNW5 AT COST 15,849 15,714
    MIDFIRST BANK OKLAHOMA CITY OK CD CUSIP 59740JNW5 AT COST 16,904 16,762
    EVERBANK JACKSONVILLE FL CD CUSIP 29976DLZ1 AT COST 13,771 13,610
    EVERBANK JACKSONVILLE FL CD CUSIP 29976DLZ1 AT COST 21,123 20,939
    COUNTRY BK NEWYORK NY CD CUSIP 22230PAF7 AT COST 12,145 11,932
    COUNTRY BK NEWYORK NY CD CUSIP 22230PAF7 AT COST 98,595 97,627
    American Exp SALT LAKE CITY UT CD CUSIP 02587CAA8 AT COST 35,077 34,697
    BARCLAYS BANK CD WILMINGTON DE CD CUSIP 06740KHD2 AT COST 20,034 19,821
    CITIGROUP CONTINGENT COUPON MARKET LINKED CD COMMODITIES AT COST 100,000 94,840
    BARCLAYS BANK CD WILMINGTON DE CD CUSIP 06740KHQ3 AT COST 27,187 26,759
    NBT BANK CD NORWICH NY CD CUSIP 628779FK1 AT COST 51,000 50,480
    NBT BANK CD NORWICH NY CD CUSIP 628779FK1 AT COST 99,000 97,990
    CHARTER BANK EAU EAU CLAIRE WI CD CUSIP 16116PHE4 AT COST 90,221 89,722
    MB FINL BK NA CHIC. IL CD CUSIP 55266CJY3 AT COST 114,777 113,514
    CAPITAL ONE BANK (USA) N.A. GLEN ALLEN VA CD CUSIP 140420MZ0 AT COST 12,482 12,516
    CAPITAL ONE, NATIONAL ASSOCIATION MCLEAN VA CD AT COST 13,507 13,558
    SALLIE MAE BK CD MURRAY UT CD CUSIP 795450PJ8 AT COST 22,397 22,140
    INTERVEST NATL BK NEW YORK NY CD CUSIP 46115DCQ7 AT COST 14,684 14,281
    COMENITY BANK SALT LAKE CITY UT CD CUSIP 20033ACT1 AT COST 12,202 12,036
    DISCOVER BK GREENWOOD DE CD CUSIP 254671WT3 AT COST 15,120 15,033
    ALLY BK MIDVALE UT CD CUSIP 02006LKY8 AT COST 150,858 148,706
    SALLIE MAE BK CD MURRAY UT CD CUSIP 795450QZ1 AT COST 64,448 63,146
    FIRST UTAH BANK SALT LAKE CITY UT CD CUSIP 33743MCM4 AT COST 26,856 26,689
    FIRST UTAH BANK SALT LAKE CITY UT CD CUSIP 33743MCM4 AT COST 10,331 10,265
    SALLIE MAE BK CD SALT LAKE CITY UT CD CUSIP 795450RH0 AT COST 15,234 15,006
    American Exp SALT LAKE CITY UT CD CUSIP 02587CCU2 AT COST 35,182 34,665
    WASHITA STATE BANK BURNS FLAT OK CD CUSIP 940767BY1 AT COST 33,607 32,910
    M&I BANK FSB LAS VEGAS NV CD CUSIP 553036FF6 AT COST 18,001 17,539
    FRONTIER ST BK OKLA CITY CD CUSIP 359183DA5 AT COST 22,678 21,934
    FRONTIER ST BK OKLA CITY CD CUSIP 359183DA5 AT COST 11,145 10,967
    BENEFICIAL MUT SVGS PHILADELPHIA PA CD CUSIP 08173QAP1 AT COST 20,615 20,520
    FARMERS & MERCHANTS BK MILLIGAN NE CD CUSIP 308861AD5 AT COST 36,208 35,862
    ROCKY MTN BK CD WILSON WY CD CUSIP 77468ABA7 AT COST 99,073 97,587
    FIRST VIRGINIA COMMUNITY BANK FAIRFAX VA CD CUSIP 337478AF8 AT COST 20,857 20,573
    HIGHLAND BK ST CD ST MICHAEL MN CD CUSIP 429882EG4 AT COST 23,171 22,770
    BENEFICIAL MUTUAL SAVINGS BANK PHILADELPHIA PA CD CUSIP 08173QAX4 AT COST 20,724 20,557
    MB FINANCIAL BANK, NA CHICAGO IL CD CUSIP 55266CJW7 AT COST 25,117 25,082
    MERIDIAN BANK, NATIONAL ASSOCIATION WICKENBURG AZ CD CUSIP 589581KW6 AT COST 10,972 10,773
    NEWBURYPORT FIVE CENT SVGS MA CD CUSIP 651023DC4 AT COST 26,185 25,826
    cit SALT LAKE CITY UT CD CUSIP 17284CAD6 AT COST 16,954 16,817
    ORIENTAL B&T CD HATO REY PR CD CUSIP 686184SZ6 AT COST 151,504 151,294
    BARCLAYS BANK CD WILMINGTON DE CD CUSIP 06740KGF8 AT COST 21,000 20,849
    MERRICK BANK CD SOUTH JORDAN UT CD CUSIP 59012Y6S1 AT COST 85,675 84,255
    ST BK OF INDIA CD Chicago IL CD CUSIP 856283UM6 AT COST 18,894 18,698
    FARMERS & MER CD MILFORD NE CD CUSIP 308862CS8 AT COST 9,973 9,826
    BARCLAYS BANK CD WILMINGTON DE CD CUSIP 06740KHE0 AT COST 42,227 41,515
    GE CAP BK CD SALT LAKE CITY UT CD CUSIP 36161TR98 AT COST 15,089 14,810
    DENVER SAVINGS BANK DENVER IA CD CUSIP 249398AS7 AT COST 41,076 40,570
    AMERICAN EXP SALT LAKE CITY UT CD CUSIP 02587CAP5 AT COST 100,000 98,755
    BARCLAYS BANK CD WILMINGTON DE CD CUSIP 06740KHR1 AT COST 10,049 9,880
    AMERICAN EXP SALT LAKE CITY UT CD CUSIP 02587CAS9 AT COST 55,000 54,332
    DISCOVER BANK GREENWOOD DEL CD CUSIP 25469JTU3 AT COST 27,718 26,749
    DISCOVER BANK GREENWOOD DEL CD CUSIP 25469JUB3 AT COST 50,000 55,738
    CAPITAL ONE BANK (USA) N.A. GLEN ALLEN VA CD CUSIP 140420LH1 AT COST 15,156 14,641
    CAPITAL ONE BANK (USA) N.A. GLEN ALLEN VA CD CUSIP 140420LH1 AT COST 19,662 19,145
    CAPITAL ONE BANK (USA) N.A. GLEN ALLEN VA CD CUSIP 140420LH1 AT COST 11,513 11,262
    CAPITAL ONE, NATIONAL ASSOCIATION MCLEAN VA CD CUSIP 14042EX21 AT COST 46,675 45,048
    CAPITAL ONE, NATIONAL ASSOCIATION MCLEAN VA CD CUSIP 14042EX21 AT COST 11,669 11,262
    CAPITAL ONE, NATIONAL ASSOCIATION MCLEAN VA CD CUSIP 14042EX21 AT COST 12,804 12,388
    CAPITAL ONE, NATIONAL ASSOCIATION MCLEAN VA CD CUSIP 14042EZ78 AT COST 11,526 11,172
    BARCLAYS BANK CD WILMINGTON DE CD CUSIP 06740KJB4 AT COST 34,270 33,450
    ST BK OF INDIA CD CHICAGO IL CD CUSIP 856283VY9 AT COST 13,187 12,955
    ST BK OF INDIA CD CHICAGO IL CD CUSIP 856283VY9 AT COST 25,341 24,913
    ST BK OF INDIA CD CHICAGO IL CD CUSIP 856283VY9 AT COST 30,428 29,896
    THIRD FEDERAL CLEVELAND OH CD CUSIP 88413QAL2 AT COST 250,000 248,323
    21ST CENTY BK CD LORETTA MN CD CUSIP 90136SHP4 AT COST 45,928 45,928
    BMO HARRIS BK NATL ASSN CHICAGO IL CD FID CUSIP 05573JWS9 AT COST 250,000 247,703
    FIDELITY FITCHBURG MA CD CUSIP 316077BX3 AT COST 250,000 247,600
    EXCHANGE BANK CD GIBBON NE CD CUSIP 301074BU3 AT COST 250,000 247,593
    BANGOR SVGS BK CD BANGOR ME CD CUSIP 060243DV1 AT COST 250,000 247,743
    BANK HAPOALIM CD NEW YORK CITY NY CD CUSIP 06251AD31 AT COST 250,000 246,425
    1ST NATL BANK CD SIOUX FALLS SD CD CUSIP 32111LCA8 AT COST 250,000 246,785
    CRESCOM BK CD MYRTLE BEACH SC CD CUSIP 225862BQ3 AT COST 250,000 246,615
    BAR HARBOR BKG & TRUST ME FID CUSIP 066851QZ2 AT COST 215,000 214,514
    hsbc MCLEAN VA CD CUSIP 40434AJX8 AT COST 250,000 248,813
    BAR HARBOR BKG TR BAR HARBOR ME CD CUSIP 066851RB4 AT COST 35,000 34,621
    WELLS FARGO BANK NA SIOUX FALLS SD - FID CUSIP 949748K30 AT COST 125,000 126,149
    WELLS FARGO BANK NA SIOUX FALLS SD - FID CUSIP 949748K30 AT COST 125,000 126,149
    FIRST AMERM BK CD ELK GROVE VILLAGE IL CD CUSIP 31849SJJ8 AT COST 250,000 248,263
    FUNDAMENTAL INVESTORS A (10) AT COST 37,187 35,891
    ISHARES MSCI EAFE VALUE ETF AT COST 574,368 621,239
    SPDR INDEX SHS FDS S&P EMERGING MKTS SMALL AT COST 104,274 103,445
    ST SPDR S&P INTL SC AT COST 345,867 304,752
    VANGUARD TAX MANAGED INTL FD MSCI AT COST 533,108 619,376
    VANGUARD INTL EQUITY INDEX FDS FTSE EMERGING AT COST 263,162 245,363
    VANGUARD SMALL-CAP VALUE VIPERS AT COST 337,127 527,581
    VANGUARD VALUE VIPERS AT COST 457,563 551,720
    VANGUARD TOTAL STOCK MARKET VIPERS AT COST 685,752 1,068,798

    TY 2014 OtherExpensesSchedule
    Name:
    The R B Nordick Foundation
    EIN: 45-0442920
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    State of Minnesota Filing Fees 25 0   25
    Office Supplies 10 0   10
    Bank Fees 70 0   70
    Philanthropy Roundtable 1,000 0   1,000


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    The R B Nordick Foundation
    EIN: 45-0442920
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Fees 35,485 35,485   0


    TY 2014 TaxesSchedule
    Name:
    The R B Nordick Foundation
    EIN: 45-0442920
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise Tax 15,700 0   0