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
WILLIAMSON FOUNDATION FOR MUSIC JULIE HANSEN
 

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 524   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PEBBLE BEACH, CA93953
A Employer identification number

20-2468781
B Telephone number (see instructions)

(831) 624-4143
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$2,740,836J 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 24,683 24,683  
4 Dividends and interest from securities...... 72,645 72,645  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 405,172
b Gross sales price for all assets on line 6a 2,810,148
7 Capital gain net income (from Part IV, line 2)... 405,172
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 8,040 8,040  
12 Total. Add lines 1 through 11........ 510,540 510,540  
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 3,700 0   3,700
c Other professional fees (attach schedule).... Click to see attachment 29,334 29,334   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,746 746   3,000
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 2,013 0   1,930
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 38,793 30,080   8,630
25 Contributions, gifts, grants paid........ 155,002 155,002
26 Total expenses and disbursements. Add lines 24 and 25 193,795 30,080   163,632
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 316,745
b Net investment income (if negative, enter -0-) 480,460
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.......... 76,146 87,733 87,733
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) 150,307    
b Investments—corporate stock (attach schedule)........ 432,904 Click to see attachment33,277 46,360
c Investments—corporate bonds (attach schedule)........ 615,978 Click to see attachment1,058,000 935,761
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,362,670 Click to see attachment1,773,061 1,668,298
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment2,684 Click to see attachment2,684
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,638,005 2,954,755 2,740,836
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................... 2,638,005 2,954,755
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)...... 2,638,005 2,954,755
31 Total liabilities and net assets/fund balances (see instructions).. 2,638,005 2,954,755
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 2,638,005
2 Enter amount from Part I, line 27a..................... 2 316,745
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 5
4 Add lines 1, 2, and 3.......................... 4 2,954,755
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 2,954,755
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 8585 SH ALPS TRUST ETF ALERIAN MLP: AMLP P 2013-09-19 2014-02-12
b 850 SH AMERICAN CAPITAL AGENCY REITS: AGNC P 2013-06-28 2014-04-03
c 4800 SH BLKRCK MUNIYIELD CA QLTY: MCA P 2013-06-06 2014-05-19
d 4385 SH ISHARES MSCI EMRG MKT FDEMERGING MKTS ETF: EEM P 2014-01-30 2014-06-04
e 2830 SH ISHARES US PFD ETF US PFD STK: PFF P   2014-05-20
4990 SH PIMCO CALIF MUN INCM FD CA: PCQ P 2013-06-06 2014-05-19
12100 SH POWERSHS EXCH TRAD FD TRS&P 500 P   2014-08-13
815 SH AEGON NV 7.25% PFDPFD P 2009-10-01 2014-03-03
505 SH AEGON NV 7.25% PFDPFD P 2011-04-05 2014-03-03
615 SH BARCLAYS BAN 8.125% P 2009-10-01 2014-04-02
115 SH BARCLAYS BAN 8.125% P 2010-04-09 2014-04-02
475 SH BARCLAYS BAN 8.125% P 2011-04-06 2014-04-02
230 SH BECTON DICKINSON P 2012-03-02 2014-07-08
1040 SH CAMDEN PROPERTY TRUST P 2009-10-29 2014-05-12
505000 SH DEUTSCHE BK AKTIEN 0% 14F P 2012-12-07 2014-06-02
780 SH DEUTSCHE BK C 7.35% P   2014-03-17
940 SH HEALTHCARE REIT INC P 2009-10-29 2014-04-03
415 SH HSBC HLDGS PLC ADR NEW P 2010-05-21 2014-07-22
950 SH ING GROEP NV 7.2% PFDPFD P 2009-10-01 2014-03-25
520 SH INTEGRYS ENERGY GROUP P 2012-09-06 2014-07-01
755 SH ISHARES CORE S&P ETF MIDCAP P 2010-03-29 2014-01-30
665 SH ISHARES CORE S&P ETF SM CAP P 2010-03-29 2014-01-30
1590 SH ISHARES US PFD ETF P   2014-05-20
310 SH JOHNSON & JOHNSON P 2010-05-21 2014-07-07
475 SH JPMORGAN CHASE & CO P 2010-05-21 2014-07-21
1285 SH LEGGETT & PLATT INC P 2013-02-14 2014-06-18
465 SH LORILLARD INC P 2012-09-07 2014-06-18
4456.174 SH MERGER FUND P   2014-02-07
860 SH METLIFE INC 6.5% PFDPFD SER B P   2014-03-12
1190 SH NATIONAL RETAIL PPTYS P 2012-10-12 2014-04-03
345 SH NORFOLK SOUTHERN CORP P 2012-10-12 2014-04-03
935 SH PENNEY J C CO INC P 2012-08-20 2014-06-18
585 PLUM CREEK TIMBER CO P 2009-09-30 2014-02-12
2505 SH POWERSHS EXCH TRAD FD P 2012-06-08 2014-08-13
250 SH PRAXAIR INC P 2010-05-21 2014-05-01
484 SH PUBLIC STORAGE P 2009-10-29 2014-05-05
560 SH ROGERS COMMUN INC CL B P 2010-05-21 2014-05-01
5855 SH TEMPLETIN EMERG MKTS INC P   2014-05-19
7605 SH TEMPLETON GLOBAL INC P 2012-06-08 2014-05-19
840 SH TRANSOCEAN INC NEW P   2014-06-18
380 SH WALMART STORES INC P 2010-04-09 2014-06-18
635 SH WELLS FARGO & CO NEW P 2010-05-21 2014-07-10
CAPITAL GAINS DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 151,438   151,431 7
b 18,141   19,584 -1,443
c 71,500   74,617 -3,117
d 187,075   167,205 19,870
e 112,289   109,415 2,874
72,035   75,690 -3,655
265,846   266,214 -368
20,622   14,989 5,633
12,778   12,581 197
15,927   14,981 946
2,978   2,957 21
12,302   12,520 -218
27,513   17,608 9,905
73,974   36,949 37,025
602,706   505,000 97,706
19,500   17,896 1,604
56,123   38,881 17,242
21,422   18,843 2,579
24,426   15,053 9,373
36,770   28,421 8,349
99,421   59,696 39,725
70,508   39,826 30,682
63,092   57,497 5,595
32,979   18,757 14,222
27,555   18,833 8,722
43,187   38,962 4,225
29,595   19,276 10,319
71,076   68,000 3,076
21,520   20,002 1,518
39,416   36,926 2,490
35,624   18,826 16,798
8,502   22,839 -14,337
24,804   17,976 6,828
53,705   50,054 3,651
32,508   18,995 13,513
82,930   35,375 47,555
22,173   18,972 3,201
83,380   84,034 -654
60,077   70,001 -9,924
37,565   49,529 -11,964
28,739   20,900 7,839
32,879   18,865 14,014
3,548     3,548
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       7
b       -1,443
c       -3,117
d       19,870
e       2,874
      -3,655
      -368
      5,633
      197
      946
      21
      -218
      9,905
      37,025
      97,706
      1,604
      17,242
      2,579
      9,373
      8,349
      39,725
      30,682
      5,595
      14,222
      8,722
      4,225
      10,319
      3,076
      1,518
      2,490
      16,798
      -14,337
      6,828
      3,651
      13,513
      47,555
      3,201
      -654
      -9,924
      -11,964
      7,839
      14,014
      3,548
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 2 405,172
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 138,779 2,904,648 0.047778
2012 146,437 2,856,821 0.051259
2011 133,195 2,944,044 0.045242
2010 115,792 2,790,980 0.041488
2009 82,409 2,387,057 0.034523
2 Total of line 1, column (d) ...................... 2 0.220290
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 0.044058
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 2,916,490
5 Multiply line 4 by line 3....................... 5 128,495
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 4,805
7 Add lines 5 and 6......................... 7 133,300
8 Enter qualifying distributions from Part XII, line 4.............. 8 163,632
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 4,805
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 4,805
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 4,805
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 189
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.............. 7 189
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 56
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 4,672
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
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)
    bulletCA
    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 addressbulletWFMUSIC.ORG
    14
    The books are in care ofbulletMAEVE MURPHY Telephone no.bullet (831) 624-4143
    Located atbulletPO BOX 524PEBBLE BEACHCA ZIP+4bullet93953
    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
     
    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
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    JULIE HANSEN PRESIDENT
    3.00     		0 0 0
    PO BOX 524
    PEBBLE BEACH,CA93953
    WENDY BURNHAM SECRETARY
    1.00     		0 0 0
    PO BOX 524
    PEBBLE BEACH,CA93953
    MAEVE MURPHY TREASURER
    2.00     		0 0 0
    PO BOX 524
    PEBBLE BEACH,CA93953
    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 THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROMOTE MUSIC EDUCATION, MUSIC PERFORMANCE AND OTHER ENDEAVORS RELATED TO MUSIC THROUGH CHARITABLE AND ORGANIZATIONAL GRANTS TO INDIVIDUALS AND ORGANIZATIONS 0
    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
    2,842,497
    b
    Average of monthly cash balances.......................
    1b
    118,407
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,960,904
    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
    2,960,904
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    44,414
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,916,490
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    145,825
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    145,825
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    4,805
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,805
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    141,020
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    141,020
    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
    141,020
    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
    163,632
    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
    163,632
    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
    4,805
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    158,827
    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 7 141,020
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 28,298
    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$ 163,632
    a Applied to 2013, but not more than line 2a 28,298
    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..... 135,334
    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 ..........     		5,686
    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).)
    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
    ACADEMIE FESTIVAL DES ARCS
    14 RUE DE SURENE
    PARIS   75008
    FR     		NONE NONE TO FURTHER MUSIC EDUCATION 3,510
    ADRANNE POPE
    C/O WILD UP PO BOX 292075
    LOS ANGELES,CA90029     		NONE NONE TO FURTHER MUSIC EDUCATION 2,200
    AMI NASHIMOTO
    98 SOTELO AVE
    SAN FRANCISCO,CA94116     		NONE NONE TO FURTHER MUSIC EDUCATIONTO FURTHER MUSIC EDUCATION 2,000
    ANDREW HSU
    1833 PINE STREET
    PHILADELPHIA,PA19103     		NONE NONE TO FURTHER MUSIC EDUCATION 600
    ANNABELLE GOUACHE
    20 RUE BERLIER
    DIJON   21000
    FR     		NONE NONE TO FURTHER MUSIC EDUCATION 2,005
    ANYA WILKENING
    2455 DUNSTAN ROAD 377
    HOUSTON,TX77005     		NONE NONE TO FURTHER MUSIC EDUCATION 2,000
    ARASH NOORI
    63 EDWARDS STREET
    NEW HAVEN,CT06511     		NONE NONE TO FURTHER MUSIC EDUCATION 1,928
    BANG ON A CAN
    80 HANSON PLACE 701
    BROOKLYN,NY11217     		NONE NONE TO FURTHER MUSIC EDUCATION 3,500
    BENJAMIN BAKER
    348 QUEENSTOWN RD FLAT 66 LANSON
    BLDG
    LONDON   SW83QQ
    UK     		NONE NONE TO FURTHER MUSIC EDUCATION 2,162
    CHAMBER MUSIC FOR EUROPE
    10 RUE MOMMAERTS
    BRUSSELS   1080
    BE     		NONE NONE TO FURTHER MUSIC EDUCATION 3,520
    CHRISTINA GASPARICH
    402 EWELL CT
    APTOS,CA95003     		NONE NONE TO FURTHER MUSIC EDUCATION 2,000
    DAVID AGUILA
    68 EAST MADISON STREET
    EAST ISLIP,NY11730     		NONE NONE TO FURTHER MUSIC EDUCATION 2,000
    DOMAINE FORGET
    5 SAINT-ANTOINE
    CHARLEVOIX,QUEBECG0T 1V0
    CA     		NONE NONE TO FURTHER MUSIC EDUCATION 3,500
    FOND WILLIAMSON
    P O BOX 524
    PEBBLE BEACH,CA93953     		NONE NONE TO FURTHER MUSIC EDUCATION 2,962
    FONTAINEBLEAU ART SCHOOL
    PO BOX 66
    WAYNE,PA19087     		NONE NONE TO FURTHER MUSIC EDUCATION 3,500
    GENERATION IN JAZZ FOUNDATION
    3650 MT DIABLO BLVD SUITE 230
    LAFAYETTE,CA94549     		NONE NONE TO FURTHER MUSIC EDUCATION 3,500
    GUNTER SIEFERT
    C/O VIENNA PHILHARMONIC KARNTNER
    RING 12
    VIENNA   A-1010
    AU     		NONE NONE TO FURTHER MUSIC EDUCATION 27,898
    HAMPTONS MUSIC SESSIONS
    1422 THRID AVE 3B
    NEW YORK CITY,NY10028     		NONE NONE TO FURTHER MUSIC EDUCATION 3,500
    INDACO QUARTET
    C/O ARTEMUSICA CULTURA VIA
    REBESCHINI 38
    ROANA   36010
    IT     		NONE NONE TO FURTHER MUSIC EDUCATION 5,640
    JAQUES SIEFERT
    8 RUE DU CHATEAU
    CORCELLES LES MONTS   21160
    FR     		NONE NONE TO FURTHER MUSIC EDUCATION 903
    JOHNATHAN DORMAND
    2320 PORTLAND STREET
    LOS ANGELES,CA90007     		NONE NONE TO FURTHER MUSIC EDUCATION 2,000
    KINHAVEN MUSIC SCHOOL
    6 ELBERTA ROAD
    MAPLEWOOD,NJ07040     		NONE NONE TO FURTHER MUSIC EDUCATION 3,500
    LEE CLAPP
    4063 BOULEVARD SAINT LAURENT
    MONTREAL,QUEBECH2W1Y7
    CA     		NONE NONE TO FURTHER MUSIC EDUCATION 2,000
    LINA ANDONOVSKA
    320 ALBION STREET
    BRUNSWICK MELBORNE   3056
    AS     		NONE NONE TO FURTHER MUSIC EDUCATION 1,950
    LOUSSINE AZIZIAN
    DALSTROGET 652TH
    DYSSEGAARD COPENHAGEN   2870
    DA     		NONE NONE TO FURTHER MUSIC EDUCATION 1,604
    LUCAS HENRY
    227 RUE DU PRE MALNOI
    LUDRES   54710
    FR     		NONE NONE TO FURTHER MUSIC EDUCATION 1,927
    MARROWSTONE
    11065 FIFTH AVE NE STE A
    SEATTLE,WA98125     		NONE NONE TO FURTHER MUSIC EDUCATION 3,500
    MATYAS MAJOR
    BINJAI 8 LORONG BINJAI
    KUALA LUMPUR   50450
    MY     		NONE NONE TO FURTHER MUSIC EDUCATION 2,005
    MOUNT SI HIGH SCHOOL BAND BOOSTERS
    PO BOX 92
    NORTH BEND,WA98045     		NONE NONE TO FURTHER MUSIC EDUCATION 4,000
    MUSICALTA ROUFFACH FRANCE
    15 PLACE ANDREE MARIE PERRIN
    CRAPONNE   69290
    FR     		NONE NONE TO FURTHER MUSIC EDUCATION 3,511
    MUSIQUES EN VOUTES
    4 RUE RAOUL DE JUIGNE
    DIJON   21000
    FR     		NONE NONE TO FURTHER MUSIC EDUCATION 5,169
    NEXT FESTIVAL OF EMERGING ARTISTS
    255 MUSIC MOUNTAIN ROAD
    FALLS VILLAGE,CT06031     		NONE NONE TO FURTHER MUSIC EDUCATION 3,500
    OLIVER ROBIN
    5 RUE PAUL EMILE
    VICTOR    
    FR     		NONE NONE TO FURTHER MUSIC EDUCATION 2,002
    ORFORD ARTS CENTRE
    3165 CHEMIN DU PARC
    ORFORD,QUEBECJ1X 7A2
    CA     		NONE NONE TO FURTHER MUSIC EDUCATION 3,531
    POINT COUNTER POINT
    1361 HOOKER RD
    LEICESTER,VT05733     		NONE NONE TO FURTHER MUSIC EDUCATION 3,500
    RAHMAN AMER
    2316 KNAPP STREET
    BROOKLYN,NY11229     		NONE NONE TO FURTHER MUSIC EDUCATION 2,000
    SANTA CRUZ COUNTY YOUTH SYMPHONY
    PO BOX 566
    SANTA CRUZ,CA95061     		NONE NONE TO FURTHER MUSIC EDUCATION 3,500
    SANTA CRUZ EDUCATION FOUNDATION
    PO BOX 8501
    SANTA CRUZ,CA95061     		NONE NONE TO FURTHER MUSIC EDUCATION 3,500
    SARA PALUMBO
    VIA GUISEPPE VERDI 31
    CALIMERA LECCE   73021
    IT     		NONE NONE TO FURTHER MUSIC EDUCATION 1,990
    STEPHANIE JOHNSON
    54 COUNTRY CLUB DRIVE
    CARMEL VALLEY,CA93924     		NONE NONE TO FURTHER MUSIC EDUCATION 2,000
    STEVE DUONG
    15 RUE HUGUES III
    DIJON   21000
    FR     		NONE NONE TO FURTHER MUSIC EDUCATION 1,957
    TEODORA DIMOVA
    503-3477 DRUMMOND STREET
    MONTREAL,QUEBECH3G1X6
    CA     		NONE NONE TO FURTHER MUSIC EDUCATION 2,000
    TICINO MUSICA
    CASELLA POSTALE 722
    LUGANO   CH-6903
    IT     		NONE NONE TO FURTHER MUSIC EDUCATION 3,028
    VALLEY OF THE MOON
    647 CRAGMONT AVE
    BERKELEY,CA94708     		NONE NONE TO FURTHER MUSIC EDUCATION 3,500
    YELLOW BARN
    63 MAIN ST
    PUTNEY,VT05346     		NONE NONE TO FURTHER MUSIC EDUCATION 3,500
    YOUTH MUSIC MONTEREY
    546 HARTNELL ST SUITE B
    MONTEREY,CA93940     		NONE NONE TO FURTHER MUSIC EDUCATION 3,500
    ZOE MARTIN-DOIKE
    1608 LOCUST STREET APT 2A
    PHILADELPHIA,PA19103     		NONE NONE TO FURTHER MUSIC EDUCATION 2,000
    Total .................................bullet 3a 155,002
    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 24,683  
    4 Dividends and interest from securities....     14 72,645  
    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.....     14 8,040  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 405,172  
    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).. 0 510,540 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13510,540
    (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:
    WILLIAMSON FOUNDATION FOR MUSIC JULIE HANSEN
    EIN: 20-2468781
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING & TAX PREP 3,700 0   3,700

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    WILLIAMSON FOUNDATION FOR MUSIC JULIE HANSEN
    EIN: 20-2468781
    Name of Bond End of Year Book Value End of Year Fair Market Value
    DEUTSCHE BANK AKTIEN 0%34F 1,058,000 935,761

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    WILLIAMSON FOUNDATION FOR MUSIC JULIE HANSEN
    EIN: 20-2468781
    Name of Stock End of Year Book Value End of Year Fair Market Value
    APPLE INC 33,277 46,360

    TY 2014 InvestmentsOtherSchedule2
    Name:
    WILLIAMSON FOUNDATION FOR MUSIC JULIE HANSEN
    EIN: 20-2468781
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    APOLLO INVESTMENT CORP AT COST 81,219 60,918
    ARES CAPITAL CORP AT COST 77,988 102,681
    CALAMOS MARKET NEUTRAL AT COST 105,160 112,091
    PIMCO ALL ASSET INSTL CL AT COST 103,046 100,524
    ISHARES INTL ETF AT COST 119,486 124,966
    ISHARES MORTGAGE REAL AT COST 18,042 17,272
    PROSHARES ULTRASHRT ETF NEW AT COST 594,010 452,766
    SPDR DOW JONES INTL AT COST 100,106 130,114
    SPDR GOLD TRUST AT COST 149,537 112,444
    UBS AG JERSEY AT COST 175,485 177,097
    VANGUARD REIT AT COST 248,982 277,425

    TY 2014 OtherAssetsSchedule
    Name:
    WILLIAMSON FOUNDATION FOR MUSIC JULIE HANSEN
    EIN: 20-2468781
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDEND RECEIVABLE 0 2,684 2,684


    TY 2014 OtherExpensesSchedule
    Name:
    WILLIAMSON FOUNDATION FOR MUSIC JULIE HANSEN
    EIN: 20-2468781
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LICENSE AND PERMITS 60 0   60
    ATTORNEY GENERAL OF CALIFORNIA 50 0   50
    INSURANCE 1,460 0   1,460
    WEB DESIGN 360 0   360
    PENALTIES 83 0   0


    TY 2014 OtherIncomeSchedule2
    Name:
    WILLIAMSON FOUNDATION FOR MUSIC JULIE HANSEN
    EIN: 20-2468781
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    2014 DIVIDEND INCOME NOT INCLUDED ON 1099 1,139 1,139 1,139
    2013 DIVIDEND INCOME PAID IN 2014 6,901 6,901 6,901


    TY 2014 OtherIncreasesSchedule
    Name:
    WILLIAMSON FOUNDATION FOR MUSIC JULIE HANSEN
    EIN: 20-2468781
    Description Amount
       


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    WILLIAMSON FOUNDATION FOR MUSIC JULIE HANSEN
    EIN: 20-2468781
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORS 29,334 29,334   0


    TY 2014 TaxesSchedule
    Name:
    WILLIAMSON FOUNDATION FOR MUSIC JULIE HANSEN
    EIN: 20-2468781
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 3,000 0   3,000
    FOREIGN TAXES 746 746   0