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
VERNON & ROWENA GRIFFITH FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)2 NORTH MAIN STREET SUITE 401   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SHERIDAN, WY82801
A Employer identification number

23-7135835
B Telephone number (see instructions)

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$16,515,896J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 209 209  
4 Dividends and interest from securities...... 599,071 599,071  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 816,793
b Gross sales price for all assets on line 6a 6,950,085
7 Capital gain net income (from Part IV, line 2)... 816,793
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 -81,822 196  
12 Total. Add lines 1 through 11........ 1,334,251 1,416,269  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 26,400 19,800   6,600
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 427 320   107
b Accounting fees (attach schedule)....... Click to see attachment 5,100 3,825   1,275
c Other professional fees (attach schedule).... Click to see attachment 79,833 59,875   19,958
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 17,973 3,557   1,185
19 Depreciation (attach schedule) and depletion... Click to see attachment 33    
20 Occupancy.............. 6,183 4,637   1,546
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 2,892 2,170   722
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 138,841 94,184   31,393
25 Contributions, gifts, grants paid........ 815,000 815,000
26 Total expenses and disbursements. Add lines 24 and 25 953,841 94,184   846,393
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 380,410
b Net investment income (if negative, enter -0-) 1,322,085
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...............   -3  
2 Savings and temporary cash investments.......... 618,505 585,839 585,839
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...........   10,769 10,769
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 14,448,025 Click to see attachment14,839,606 15,745,849
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet25,853
Less: accumulated depreciation (attach schedule) bullet25,853 32    
15 Other assets (describe bullet) Click to see attachment88,219 Click to see attachment88,219 Click to see attachment173,439
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,154,781 15,524,430 16,515,896
Liabilities 17 Accounts payable and accrued expenses.......... 10,761  
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).......... 10,761 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................   -2
25 Temporarily restricted................    
26 Permanently restricted................ 15,144,020 15,524,432
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)...... 15,144,020 15,524,430
31 Total liabilities and net assets/fund balances (see instructions).. 15,154,781 15,524,430
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 15,144,020
2 Enter amount from Part I, line 27a..................... 2 380,410
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 15,524,430
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 15,524,430
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 FT INDL PROD DUR A/D ETF P 2013-10-10 2014-06-26
b ALTRIA GROUP INC P 2013-03-13 2014-04-30
c EOG RESOURCES INC P 2013-12-13 2014-11-11
d JPMORGAN CHASE & COMPANY P 2013-08-22 2014-02-19
e PPG INDUSTRIES INC P 2013-04-01 2014-04-22
VERITIV CORP P 2014-04-21 2014-08-07
ALSTOM P 2012-10-02 2014-06-20
BARRICK GOLD CORP P 2011-12-15 2014-10-31
ERICSSON TELEPHONE NEW B P 2012-09-21 2014-09-22
KINROSS GOLD CORP NO PAR P 2011-01-21 2014-10-31
ROHM COMPANY LTD ADR P 2009-10-09 2014-10-20
TELECOM ITALIA ADR P 2009-10-09 2014-10-07
WEATHERFORD INTL LTD REG P 2012-08-22 2014-04-25
8CONVERSANT INC P 2010-05-20 2014-12-15
OLD DOMINION FREIGHT P 2010-04-15 2014-08-29
HERSHEY COMPANY P 2012-06-26 2014-04-23
ONEOK INC NEW P 2012-12-06 2014-04-23
FT TECH ALPHADX ETF P 2013-10-10 2014-06-26
ALTRIA GROUP INC P 2013-03-13 2014-08-21
EBAY INC P 2013-01-23 2014-02-11
JUNIPER NETWORKS INC P 2014-07-09 2014-10-14
QUESTCOR PHARMACEUTICAL P 2014-03-21 2014-04-07
VIACOM INC CL B NEW P 2014-01-16 2014-11-19
ALSTOM P 2013-05-07 2014-06-20
BARRICK GOLD CORP P 2012-07-26 2014-10-31
ELECTRICITE DE FRANCE P 2010-11-09 2014-04-03
KINROSS GOLD CORP NO PAR P 2011-02-25 2014-10-31
ROHM COMPANY LTD ADR P 2009-10-09 2014-10-21
TELECOM ITALIA ADR P 2009-10-09 2014-10-08
WEATHERFORD INTL LTD REG P 2012-08-22 2014-05-30
8CONVERSANT INC P 2013-03-25 2014-12-15
TEJON RANCH CO P 2009-10-08 2014-08-29
MASTERCARD INC CLASS A P 2011-12-15 2014-04-23
ORACLE CORP P 2009-10-09 2014-04-23
BOARDWALK PIPELINE LP P 2012-03-29 2014-08-27
ANADARKO PETROLEUM CORP P 2013-12-03 2014-02-07
ENCANA CORP P 2014-05-21 2014-10-20
KEURIG GREEN MTN INC P 2013-10-17 2014-05-29
RALPH LAUREN CORP CL A P 2013-09-13 2014-02-13
VIACOM INC CL B NEW P 2014-09-10 2014-11-19
ALSTOM P 2013-06-21 2014-06-20
BARRICK GOLD CORP P 2012-07-27 2014-10-31
FINMECCANICA SPA ADR P 2011-08-05 2014-01-31
KINROSS GOLD CORP NO PAR P 2011-09-27 2014-10-31
SK TELECOM LTD SPONS ADR P 2009-10-09 2014-07-31
TELECOM ITALIA ADR P 2012-04-12 2014-10-08
WEATHERFORD INTL LTD REG P 2012-08-22 2014-06-05
DECKERS OUTDOOR CORP P 2013-09-13 2014-07-21
ABBVIE INC P 2011-10-24 2014-04-23
MICHAEL KORS HLDGS LTD P 2012-10-03 2014-08-28
PRICELINE GROUP INC P 2013-03-04 2014-05-30
CITIGRP CP TR IX TRUP 6% P 2003-02-13 2014-04-28
BEST BUY COMPANY INC P 2014-01-06 2014-01-17
EXXON MOBIL CORP P 2014-08-26 2014-10-27
LILLY ELI & COMPANY P 2013-06-14 2014-01-29
SLM CORP P 2013-03-12 2014-05-19
VISA INC CLASS A P 2013-08-01 2014-01-15
ALSTOM P 2014-01-28 2014-06-20
BARRICK GOLD CORP P 2012-12-21 2014-10-31
FINMECCANICA SPA ADR P 2012-06-05 2014-01-31
KINROSS GOLD CORP NO PAR P 2011-10-17 2014-10-31
SWISSCOM SPONS ADR P 2010-05-06 2014-04-22
TEVA PHARMACEUTICAL ADR P 2012-09-10 2014-01-29
WEATHERFORD INTL LTD REG P 2012-09-25 2014-06-05
EATON VANCE CORP P 2009-10-08 2014-07-21
ACCENTURE PLC IRELD CL A P 2012-08-21 2014-04-23
MICHAEL KORS HLDGS LTD P 2014-07-17 2014-08-28
QUALCOMM INC P 2011-03-18 2014-04-23
TCP CAPITAL CORP P 2013-05-21 2014-06-26
CABOT OIL & GAS CORP P 2013-10-01 2014-04-29
FIRST SOLAR INC P 2014-01-09 2014-03-07
LOCKHEED MARTIN CORP P 2014-01-29 2014-08-27
SM ENERGY COMPANY P 2013-11-06 2014-02-20
VISA INC CLASS A P 2013-08-01 2014-11-04
BANCO SANTANDER BRASIL P 2014-01-16 2014-02-03
BARRICK GOLD CORP P 2013-03-21 2014-10-31
FINMECCANICA SPA ADR P 2012-06-05 2014-02-03
KINROSS GOLD CORP NO PAR P 2012-01-17 2014-10-31
SWISSCOM SPONS ADR P 2010-05-06 2014-04-23
VERIZON COMMS INC P 2014-02-25 2014-02-26
WEATHERFORD INTL LTD REG P 2012-11-13 2014-06-05
EATON VANCE CORP P 2009-12-17 2014-07-21
AMETEK INC NEW P 2011-02-10 2014-04-23
MICROSOFT CORP P 2012-06-18 2014-05-30
ROBERT HALF INTL INC P 2011-08-09 2014-04-23
VANGUARD NATL RES LLC P 2013-01-31 2014-04-24
CANADIAN SOLAR INC P 2014-03-20 2014-04-08
FOREST LABORATORIES INC P 2014-01-28 2014-02-18
LYONDELLBASELL N V CL A P 2014-09-19 2014-10-14
SANDISK CORP P 2013-07-25 2014-02-14
WYNN RESORTS LIMITED P 2014-04-08 2014-09-30
BANCO SANTANDER BRASIL P 2012-10-12 2014-04-29
BARRICK GOLD CORP P 2013-04-19 2014-10-31
HENDERSON LD DEV ADR P 2014-05-15 2014-08-05
KINROSS GOLD CORP NO PAR P 2012-05-22 2014-10-31
TAKATA CORP ADR P 2014-06-25 2014-11-11
VERIZON COMMS INC P 2014-02-25 2014-03-03
WOLTERS KLURWER N V ADR P 2009-10-09 2014-02-11
EATON VANCE CORP P 2010-05-20 2014-07-21
APPLE INC P 2009-04-02 2014-04-23
NORDSTROM INC P 2010-01-13 2014-04-23
ROSS STORES INC P 2012-06-26 2014-05-30
WILLIAMS PARTNERS LP P 2010-01-01 2014-06-17
CATAMARAN CORP P 2013-10-08 2014-02-20
GAMESTOP CORP NEW CL A P 2013-12-04 2014-01-15
MACYS INC P 2014-11-04 2014-11-25
SANDISK CORP P 2013-07-25 2014-02-21
XILINX INC P 2014-05-09 2014-10-13
BANCO SANTANDER BRASIL P 2012-10-18 2014-04-29
CAMECO CORP P 2010-05-26 2014-02-28
HENDERSON LD DEV ADR P 2014-05-15 2014-08-27
KINROSS GOLD CORP NO PAR P 2012-11-07 2014-10-31
TAKATA CORP ADR P 2014-06-26 2014-11-11
VIVENDI SA ADR P 2012-03-09 2014-03-07
ALBEMARLE CORP P 2009-10-08 2014-07-21
EATON VANCE CORP P 2011-03-28 2014-07-21
APPLE INC P 2009-12-18 2014-04-23
NORDSTROM INC P 2010-05-20 2014-04-23
SALLY BEAUTY HLDGS INC P 2011-11-02 2014-02-06
ENERGY TRANSFER PTNRS LP P 2010-08-18 2014-05-07
CELGENE CORP P 2013-06-11 2014-08-27
GILEAD SCIENCES INC P 2014-03-17 2014-08-14
MARATHON OIL CORP P 2014-07-15 2014-10-22
SCHLUMBERGER LTD P 2014-03-17 2014-06-23
AEGON N V NY RES SHS P 2013-05-01 2014-01-23
BANCO SANTANDER BRASIL P 2012-11-05 2014-04-29
CAMECO CORP P 2011-03-15 2014-02-28
HENDERSON LD DEV ADR P 2014-05-16 2014-08-27
KINROSS GOLD CORP NO PAR P 2013-11-04 2014-10-31
TAKATA CORP ADR P 2014-09-18 2014-11-11
VIVENDI SA ADR P 2012-04-10 2014-03-07
ALBEMARLE CORP P 2009-12-17 2014-07-21
EATON VANCE CORP P 2011-08-11 2014-07-21
APPLE INC P 2009-12-18 2014-05-30
NORDSTROM INC P 2010-05-20 2014-05-30
SIMON PPTY GRP INC NEW P 2012-05-01 2014-04-23
NUSTAR ENERGY LP P 2011-12-06 2014-07-29
CELGENE CORP P 2013-06-11 2014-10-30
GRAINGER W W INC P 2013-11-21 2014-08-15
MICRON TECHNOLOGY INC P 2014-01-14 2014-05-29
SCHLUMBERGER LTD P 2014-03-17 2014-10-24
AGRIUM INC P 2013-07-01 2014-10-24
BANCO SANTANDER BRASIL P 2013-01-15 2014-04-29
CARREFOUR SA SPONS ADR P 2011-10-04 2014-06-18
HENDERSON LD DEV ADR P 2014-05-19 2014-08-27
KINROSS GOLD CORP NO PAR P 2014-03-28 2014-10-31
TALISMAN ENERGY INC P 2011-10-20 2014-10-14
VODAFONE GRP PLC NEW ADR P 2009-02-27 2014-02-27
ALBEMARLE CORP P 2010-05-20 2014-07-21
MARTIN MARIETTA MTLS INC P 2010-04-20 2014-07-07
BIOGEN IDEC INC P 2012-10-03 2014-04-23
NOW INC P 2012-09-04 2014-06-04
VISA INC CLASS A P 2012-09-04 2014-04-23
GENWORTH FINL 7.2 021521 P 2012-08-31 2014-02-24
DELPHI AUTOMOTIVE PLC P 2014-09-24 2014-10-28
GREEN MTN CFFEE ROASTERS P 2013-10-17 2014-01-23
MONSTER BEVERAGE CORP P 2014-07-23 2014-08-19
STARBUCKS CORP P 2013-11-21 2014-04-29
ALLIANZ SE SPONS ADR P 2010-05-24 2014-01-23
BANCO SANTANDER BRASIL P 2013-07-23 2014-04-29
CATLIN GROUP LIMITED P 2013-06-20 2014-02-18
HOME RETAIL GRP PLC ADR P 2011-06-09 2014-01-10
KINROSS GOLD CORP NO PAR P 2014-04-04 2014-10-31
TALISMAN ENERGY INC P 2011-10-20 2014-10-15
VODAFONE GRP PLC NEW ADR P 2009-02-27 2014-03-24
ALLIANCE DATA SYS CORP P 2010-05-20 2014-12-15
MARTIN MARIETTA MTLS INC P 2010-05-20 2014-07-07
CVS CAREMARK CORP P 2012-06-07 2014-04-23
NOW INC P 2012-09-04 2014-06-11
WASHINGTON PRIME GRP INC P 2012-05-01 2014-06-11
ABBVIE INC P 2014-08-07 2014-09-18
DELTA AIRLINES INC NEW P 2013-12-31 2014-03-05
GREEN MTN CFFEE ROASTERS P 2013-10-17 2014-02-06
NAVIENT CORP P 2013-03-12 2014-05-09
TE CONNECTIVITY LTD P 2013-11-05 2014-07-31
ALLIANZ SE SPONS ADR P 2011-08-09 2014-01-23
BANCO SANTANDER BRASIL P 2014-01-13 2014-04-29
CHINA MOBILE LTD ADR P 2014-03-28 2014-08-19
HOME RETAIL GRP PLC ADR P 2011-09-06 2014-01-10
POSCO SPONS ADR P 2014-05-07 2014-09-25
TALISMAN ENERGY INC P 2012-01-20 2014-10-15
VODAFONE GRP PLC NEW ADR P 2009-03-13 2014-03-24
ALLIANCE DATA SYS CORP P 2010-05-20 2014-12-17
MARTIN MARIETTA MTLS INC P 2010-09-15 2014-07-07
CALIFORNIA RES CORP P 2014-05-07 2014-12-05
OIL STATES INTL INC P 2011-07-26 2014-04-23
WASHINGTON PRIME GRP INC P 2012-05-01 2014-06-20
ABBOTT LABORATORIES P 2013-05-21 2014-04-21
DELTA AIRLINES INC NEW P 2013-12-31 2014-06-05
GREEN MTN CFFEE ROASTERS P 2013-10-17 2014-02-14
NETAPP INC P 2014-03-19 2014-06-04
TEXAS INSTRUMENTS INC P 2014-04-29 2014-12-05
ALLIANZ SE SPONS ADR P 2013-04-19 2014-01-23
BARRICK GOLD CORP P 2009-10-09 2014-04-04
CHINA MOBILE LTD ADR P 2014-03-28 2014-09-15
ING GROEP NV SPONS ADR P 2012-06-26 2014-01-23
RENTOKIL INITIAL PLC ADR P 2013-11-25 2014-01-17
TALISMAN ENERGY INC P 2012-10-31 2014-10-15
VODAFONE GRP PLC NEW ADR P 2009-06-12 2014-03-24
ALLIANCE DATA SYS CORP P 2013-03-25 2014-12-17
MARTIN MARIETTA MTLS INC P 2013-03-25 2014-07-07
CALIFORNIA RES CORP P 2014-05-07 2014-12-26
OIL STATES INTL INC P 2011-07-26 2014-05-07
WHOLE FOODS MARKET INC P 2011-12-28 2014-05-05
ACTIVISION BLIZZARD INC P 2014-01-06 2014-07-07
DELTA AIRLINES INC NEW P 2013-12-31 2014-10-27
HARLEY DAVIDSON INC P 2014-06-18 2014-10-20
NEWELL RUBBERMAID INC P 2014-04-08 2014-08-07
TYSON FOODS INC CLASS A P 2013-10-04 2014-01-21
ALSTOM P 2011-08-18 2014-04-24
BARRICK GOLD CORP P 2009-10-09 2014-10-31
DAIICHI SANKYO CO ADR 1 P 2011-04-12 2014-06-11
KINROSS GOLD CORP NO PAR P 2009-10-30 2014-10-31
RENTOKIL INITIAL PLC ADR P 2013-11-25 2014-01-21
TALISMAN ENERGY INC P 2012-11-07 2014-10-15
VODAFONE GRP PLC NEW ADR P 2009-07-30 2014-03-24
CABELAS INC P 2009-10-08 2014-08-29
MRC GLOBAL INC P 2013-12-06 2014-11-04
COGNIZANT TECH SLTNS A P 2012-10-12 2014-04-23
OIL STATES INTL INC P 2011-08-22 2014-05-07
WYNDHAM WORLDWIDE CORP P 2012-06-19 2014-04-23
ACTIVISION BLIZZARD INC P 2014-01-06 2014-07-29
DEVON ENERGY CORP NEW P 2013-12-05 2014-02-24
HOME DEPOT INC P 2013-08-26 2014-05-29
OCWEN FINANCIAL CORP NEW P 2014-01-29 2014-02-12
UNION PACIFIC CORP P 2013-10-18 2014-03-19
ALSTOM P 2011-10-03 2014-04-24
BARRICK GOLD CORP P 2009-12-17 2014-10-31
DAIICHI SANKYO CO ADR 1 P 2011-04-25 2014-06-11
KINROSS GOLD CORP NO PAR P 2010-07-08 2014-10-31
RENTOKIL INITIAL PLC ADR P 2013-11-27 2014-01-21
TELCM ITALIA ADR REP SVG P 2009-10-09 2014-02-04
VODAFONE GRP PLC NEW ADR P 2009-10-09 2014-03-24
COLUMBIA SPORTSWEAR CO P 2012-09-04 2014-11-04
MICREL INC P 2011-08-29 2014-08-29
EBAY INC P 2013-06-10 2014-04-23
ONE GAS INC P 2012-12-06 2014-03-04
BASIS ADJUSTMENT FOR SECURITIES P 2010-01-01 2014-12-31
ALLERGAN INC P 2013-06-26 2014-01-07
EOG RESOURCES INC P 2013-12-13 2014-03-31
INTL PAPER COMPANY P 2014-04-21 2014-09-17
PHILIP MORRIS INTL INC P 2013-06-26 2014-02-10
VERITIV CORP P 2014-04-21 2014-07-17
ALSTOM P 2012-10-02 2014-04-24
BARRICK GOLD CORP P 2011-01-21 2014-10-31
ERICSSON TELEPHONE NEW B P 2012-02-10 2014-09-22
KINROSS GOLD CORP NO PAR P 2010-08-18 2014-10-31
RENTOKIL INITIAL PLC ADR P 2013-11-29 2014-01-21
TELECOM ITALIA ADR P 2009-10-09 2014-06-05
VODAFONE GRP PLC NEW ADR P 2012-12-20 2014-03-24
COLUMBIA SPORTSWEAR CO P 2013-03-25 2014-11-04
MICREL INC P 2013-03-25 2014-08-29
EBAY INC P 2013-06-10 2014-08-28
ONE GAS INC P 2012-12-06 2014-03-04
(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 254,096   210,420 43,676
b 20,866   17,613 3,253
c 74,882   60,148 14,734
d 84,663   75,649 9,014
e 79,627   53,974 25,653
24   23 1
331   303 28
321   1,204 -883
546   402 144
398   3,107 -2,709
2,820   3,465 -645
2,384   3,366 -982
1,981   1,248 733
5,627   2,040 3,587
4,135   1,029 3,106
1,603   1,121 482
1,738   1,080 658
249,751   211,592 38,159
66,598   52,838 13,760
68,057   67,880 177
33,370   43,008 -9,638
50,563   39,684 10,879
71,892   83,566 -11,674
1,408   1,377 31
702   1,871 -1,169
2,123   2,317 -194
205   1,483 -1,278
709   866 -157
2,474   3,510 -1,036
2,188   1,286 902
21,632   17,924 3,708
1,402   1,309 93
2,053   1,011 1,042
2,114   1,100 1,014
199,792   249,704 -49,912
72,698   81,144 -8,446
40,120   49,146 -9,026
46,844   26,982 19,862
72,795   77,479 -4,684
25,184   27,346 -2,162
2,417   2,140 277
785   2,132 -1,347
2,268   1,807 461
110   766 -656
1,292   790 502
313   328 -15
833   484 349
3,547   2,564 983
1,345   755 590
18,202   12,018 6,184
2,572   1,424 1,148
500,000   500,004 -4
53,018   80,094 -27,076
82,709   88,362 -5,653
77,543   74,964 2,579
24,045   18,928 5,117
24,195   19,014 5,181
3,344   2,602 742
785   2,214 -1,429
2,403   917 1,486
220   1,428 -1,208
5,310   3,018 2,292
2,778   2,526 252
2,696   1,553 1,143
5,421   4,289 1,132
1,980   1,531 449
406   412 -6
3,055   1,978 1,077
158,919   137,544 21,375
80,918   76,698 4,220
45,522   42,241 3,281
95,266   79,863 15,403
32,038   39,622 -7,584
77,964   56,690 21,274
766   255 511
785   1,919 -1,134
2,476   965 1,511
612   2,928 -2,316
2,604   1,476 1,128
4,196   4,378 -182
3,222   1,376 1,846
842   683 159
3,312   1,892 1,420
3,823   2,797 1,026
1,913   1,004 909
244,458   201,380 43,078
32,669   39,998 -7,329
56,764   40,486 16,278
41,100   53,472 -12,372
23,508   18,774 4,734
66,734   79,611 -12,877
2,438   2,657 -219
1,964   2,955 -991
6   5 1
519   1,899 -1,380
1,297   2,775 -1,478
24   25 -1
2,229   1,748 481
3,187   2,669 518
3,686   780 2,906
1,910   1,154 756
2,328   2,253 75
327,288   290,320 36,968
42,767   38,864 3,903
32,353   40,599 -8,246
96,550   84,336 12,214
71,271   56,382 14,889
64,233   80,454 -16,221
1,289   1,417 -128
797   793 4
3,956   3,350 606
405   1,726 -1,321
1,956   4,115 -2,159
2,633   1,681 952
4,324   2,095 2,229
8,095   7,121 974
1,580   583 997
185   114 71
4,890   3,148 1,742
126,712   93,646 33,066
37,671   23,030 14,641
25,439   20,305 5,134
45,858   52,100 -6,242
24,517   20,227 4,290
2,272   1,654 618
1,397   1,443 -46
2,631   3,545 -914
2,037   1,735 302
1,137   2,502 -1,365
1,058   2,424 -1,366
4,617   2,732 1,885
2,092   1,074 1,018
6,703   4,413 2,290
3,220   972 2,248
2,785   1,553 1,232
2,039   1,902 137
255,829   191,373 64,456
58,612   32,218 26,394
75,898   81,065 -5,167
25,621   21,038 4,583
65,324   60,500 4,824
2,971   2,788 183
1,034   1,174 -140
5   3 2
1,918   1,627 291
961   1,844 -883
1,060   2,161 -1,101
34   27 7
1,255   728 527
7,919   5,781 2,138
1,514   758 756
1,849   1,697 152
1,668   1,028 640
176,875   154,702 22,173
55,039   52,232 2,807
24,329   19,476 4,853
70,594   52,144 18,450
71,877   81,976 -10,099
1,501   861 640
1,639   1,566 73
1,358   1,099 259
402   367 35
1,597   3,144 -1,547
1,579   3,309 -1,730
332   298 34
222   150 72
3,268   2,309 959
2,045   1,255 790
8   8  
10   9 1
50,122   44,277 5,845
26,693   20,979 5,714
24,414   15,141 9,273
44,170   33,796 10,374
48,287   39,906 8,381
4,923   3,117 1,806
2,653   2,101 552
2,075   1,550 525
1,388   809 579
1,247   1,180 67
1,077   1,981 -904
905   728 177
2,859   1,890 969
5,028   3,097 1,931
3   3  
1,678   1,444 234
916   892 24
78,769   76,420 2,349
46,261   29,849 16,412
26,858   14,818 12,040
78,365   80,886 -2,521
43,252   35,759 7,493
3,457   2,710 747
808   1,689 -881
6,951   5,016 1,935
3,931   1,672 2,259
2,158   1,801 357
1,038   1,788 -750
2,714   2,557 157
10,062   9,930 132
5,656   4,612 1,044
427   637 -210
2,878   2,548 330
16,217   11,675 4,542
25,609   20,778 4,831
41,412   28,751 12,661
43,197   51,272 -8,075
44,330   39,570 4,760
48,388   38,936 9,452
4,709   5,635 -926
1,226   4,045 -2,819
2,901   3,137 -236
328   2,689 -2,361
2,620   2,220 400
645   1,086 -441
181   182 -1
244   57 187
4,325   6,701 -2,376
4,173   2,959 1,214
18,036   10,710 7,326
2,419   1,747 672
78,190   62,297 15,893
86,150   81,272 4,878
81,634   77,749 3,885
34,134   39,863 -5,729
24,727   20,023 4,704
1,434   1,241 193
809   2,625 -1,816
2,592   2,878 -286
174   1,257 -1,083
1,483   1,268 215
1,512   2,236 -724
543   572 -29
17,759   11,888 5,871
5,835   4,791 1,044
1,755   1,705 50
246   157 89
229,119     229,119
95,927   74,598 21,329
25,085   20,102 4,983
85,689   79,316 6,373
66,476   74,096 -7,620
1,270   1,116 154
783   734 49
1,083   4,302 -3,219
2,522   1,842 680
167   1,176 -1,009
1,275   1,139 136
3,818   4,640 -822
2,292   2,894 -602
10,126   7,498 2,628
8,559   7,144 1,415
14,646   14,119 527
2,077   1,322 755
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       43,676
b       3,253
c       14,734
d       9,014
e       25,653
      1
      28
      -883
      144
      -2,709
      -645
      -982
      733
      3,587
      3,106
      482
      658
      38,159
      13,760
      177
      -9,638
      10,879
      -11,674
      31
      -1,169
      -194
      -1,278
      -157
      -1,036
      902
      3,708
      93
      1,042
      1,014
      -49,912
      -8,446
      -9,026
      19,862
      -4,684
      -2,162
      277
      -1,347
      461
      -656
      502
      -15
      349
      983
      590
      6,184
      1,148
      -4
      -27,076
      -5,653
      2,579
      5,117
      5,181
      742
      -1,429
      1,486
      -1,208
      2,292
      252
      1,143
      1,132
      449
      -6
      1,077
      21,375
      4,220
      3,281
      15,403
      -7,584
      21,274
      511
      -1,134
      1,511
      -2,316
      1,128
      -182
      1,846
      159
      1,420
      1,026
      909
      43,078
      -7,329
      16,278
      -12,372
      4,734
      -12,877
      -219
      -991
      1
      -1,380
      -1,478
      -1
      481
      518
      2,906
      756
      75
      36,968
      3,903
      -8,246
      12,214
      14,889
      -16,221
      -128
      4
      606
      -1,321
      -2,159
      952
      2,229
      974
      997
      71
      1,742
      33,066
      14,641
      5,134
      -6,242
      4,290
      618
      -46
      -914
      302
      -1,365
      -1,366
      1,885
      1,018
      2,290
      2,248
      1,232
      137
      64,456
      26,394
      -5,167
      4,583
      4,824
      183
      -140
      2
      291
      -883
      -1,101
      7
      527
      2,138
      756
      152
      640
      22,173
      2,807
      4,853
      18,450
      -10,099
      640
      73
      259
      35
      -1,547
      -1,730
      34
      72
      959
      790
       
      1
      5,845
      5,714
      9,273
      10,374
      8,381
      1,806
      552
      525
      579
      67
      -904
      177
      969
      1,931
       
      234
      24
      2,349
      16,412
      12,040
      -2,521
      7,493
      747
      -881
      1,935
      2,259
      357
      -750
      157
      132
      1,044
      -210
      330
      4,542
      4,831
      12,661
      -8,075
      4,760
      9,452
      -926
      -2,819
      -236
      -2,361
      400
      -441
      -1
      187
      -2,376
      1,214
      7,326
      672
      15,893
      4,878
      3,885
      -5,729
      4,704
      193
      -1,816
      -286
      -1,083
      215
      -724
      -29
      5,871
      1,044
      50
      89
      229,119
      21,329
      4,983
      6,373
      -7,620
      154
      49
      -3,219
      680
      -1,009
      136
      -822
      -602
      2,628
      1,415
      527
      755
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 2 816,793
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 3 234,991
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 538,471 15,645,104 0.034418
2012 520,664 14,309,797 0.036385
2011 492,351 13,499,007 0.036473
2010 476,876 12,554,110 0.037986
2009 525,919 11,053,813 0.047578
2 Total of line 1, column (d) ...................... 2 0.192840
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 0.038568
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 16,599,172
5 Multiply line 4 by line 3....................... 5 640,197
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 13,221
7 Add lines 5 and 6......................... 7 653,418
8 Enter qualifying distributions from Part XII, line 4.............. 8 846,393
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 13,221
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 13,221
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 13,221
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 24,000
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 24,000
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 10,779
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet10,779 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    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 ofbulletHARKER MELLINGER CPAS LLC Telephone no.bullet (307) 672-0785
    Located atbullet1470 SUGARLAND DRIVE STE 1SHERIDANWY ZIP+4bullet82801
    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
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........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
    STEVEN C HARKER ASST TREASUR
    1.00     		4,800 0 0
    2020 SUMMIT DRIVE
    SHERIDAN,WY82801
    RICHARD KILPATRICK ASST SECRETA
    1.00     		4,800 0 0
    114 SCOTT DRIVE
    SHERIDAN,WY82801
    ARTHUR FELKER PRESIDENT
    2.00     		6,000 0 0
    1305 GAGE PLACE
    SHERIDAN,WY82801
    RONALD J DESTEFANO PROPERTY MGR
    1.00     		4,800 0 0
    1110 ABSARAKA
    SHERIDAN,WY82801
    ROMAN SKATULA TREASURER
    6.00     		6,000 0 0
    222 2ND WEST PARKWAY
    SHERIDAN,WY82801
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    16,098,367
    b
    Average of monthly cash balances.......................
    1b
    753,584
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    16,851,951
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    16,851,951
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    252,779
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    16,599,172
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    829,959
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    829,959
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    13,221
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    13,221
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    816,738
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    816,738
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    816,738
    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
    846,393
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    846,393
    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
    13,221
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    833,172
    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 7 816,738
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 846,393
    a Applied to 2013, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2014 distributable amount..... 816,738
    e Remaining amount distributed out of corpus 29,655
    5 Excess distributions carryover applied to 2014.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 29,655
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		29,655
    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.... 29,655
    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:
    GRIFFITH FOUNDATION
    ROMAN SKATULA
    2 NO MAIN STREET SUITE 401
    SHERIDAN,WY82801
    (307) 672-3535
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER FORMAT TO THE GRIFFITH FOUNDATION BOARD OF TRUSTEES
    cAny submission deadlines:
    THERE ARE NO SPECIFIC DEADLINES
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ALL AWARDS AND GRANTS ARE AT THE TOTAL DISCRETION OF THE BOARD OF TRUSTEES
    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
    WELLNESS COUNCIL
    1401 W 5TH ST
    SHERIDAN,WY82801     		NON PUBLIC SUPPORT GENERAL FUNCTIONS 5,000
    FREE CLINIC
    PO BOX 682
    SHERIDAN,WY82801     		NONE PUBLIC SUPPORT PROVIDING FREE HEALTH CARE 10,000
    GIRL SCOUTS
    244 NORTH MAIN
    SHERIDAN,WY82801     		NONE PUBLIC SUPPORT GIRL SCOUT PROGRAM 5,000
    YOUTH INC
    C/O T SMITH
    31 WAGON BOX
    STORY,WY82801     		NONE PUBLIC SUPPORT YOUTH CAMPING 10,000
    ST PETERS EPISCOPAL CHURCH
    1 S TSCIGRI
    SHERIDAN,WY82801     		NONE CHURCH SUPPORT CHURCH ACTIVITES 25,000
    SHERIDAN COUNTY SENIOR CENTER
    211 SMITH
    SHERIDAN,WY82801     		NONE 501(C)(3) SUPPORT COMMUNITY SENIOR CENTER 150,000
    FULMER LIBRARY FOUNDATION
    335 WEST ALGER
    SHERIDAN,WY82801     		NONE 501(C)(3) GENERAL SUPPORT FOR LIBRARY 25,000
    SHERIDAN COLLEGE
    3059 COFFEEN AVE
    SHERIDAN,WY82801     		NONE PUBLIC SUPPORT FOR SCHOOL FUNCTIONS 385,000
    SHERIDAN MEMORIAL HOSPITAL
    1404 WEST 5TH
    SHERIDAN,WY82801     		NONE HOSPITAL SUPPORT HOSPITAL FUNCTIONS 200,000
    Total .................................bullet 3a 815,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 209  
    4 Dividends and interest from securities....     14 599,071  
    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.....     16 196  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 816,793  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aOTHER INVESTMENT INCOME     14 -82,018  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,334,251  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,334,251
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    VERNON & ROWENA GRIFFITH FOUNDATION
    EIN: 23-7135835
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
      5,100 3,825   1,275

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

    TY 2014 DepreciationSchedule
    Name:
    VERNON & ROWENA GRIFFITH FOUNDATION
    EIN: 23-7135835
    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
    DEPRECIATION           33      

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    VERNON & ROWENA GRIFFITH FOUNDATION
    EIN: 23-7135835
    Name of Stock End of Year Book Value End of Year Fair Market Value
      14,839,606 15,745,849

    TY 2014 LandEtcSchedule2
    Name:
    VERNON & ROWENA GRIFFITH FOUNDATION
    EIN: 23-7135835
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
      25,853 25,853    


    TY 2014 LegalFeesSchedule
    Name:
    VERNON & ROWENA GRIFFITH FOUNDATION
    EIN: 23-7135835
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
      427 320   107


    TY 2014 OtherAssetsSchedule
    Name:
    VERNON & ROWENA GRIFFITH FOUNDATION
    EIN: 23-7135835
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    5TH STREET LAND 1 1  
    BRANDS 100 100 100
    MINERAL RIGHTS 87,278 87,278 172,500
    PICTURES 839 839 839
    ROUNDING 1 1  


    TY 2014 OtherExpensesSchedule
    Name:
    VERNON & ROWENA GRIFFITH FOUNDATION
    EIN: 23-7135835
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INSURANCE 318 239   79
    MISCELLANEOUS 63 47   16
    SECRETARIAL SERVICES 1,800 1,350   450
    SUPPLIES 545 409   136
    TELEPHONE 144 108   36
    LICENSES AND PERMITS 22 17   5


    TY 2014 OtherIncomeSchedule2
    Name:
    VERNON & ROWENA GRIFFITH FOUNDATION
    EIN: 23-7135835
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LAMAR SIGN LEASE 150 150  
    LITIGATION PROCEEDS 46 46  
    OTHER INVESTMENT INCOME -82,018    


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    VERNON & ROWENA GRIFFITH FOUNDATION
    EIN: 23-7135835
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEE - STIFEL NICOLAUS 79,833 59,875   19,958


    TY 2014 TaxesSchedule
    Name:
    VERNON & ROWENA GRIFFITH FOUNDATION
    EIN: 23-7135835
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 4,742 3,557   1,185
    FEDERAL EXCISE TAXES 13,231