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
OPEN FIELD FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)593 SOUTH PLEASANT STREET   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
AMHERST, MA01002
A Employer identification number

04-3313646
B Telephone number (see instructions)

(508) 898-2425
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$6,316,939J 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).............. 0
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 17,532 17,532 17,532
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 853,546
b Gross sales price for all assets on line 6a 1,355,820
7 Capital gain net income (from Part IV, line 2)... 853,546
8 Net short-term capital gain......... 5,079
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 37,221 0 37,221
12 Total. Add lines 1 through 11........ 908,299 871,078 59,832
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 80,000 0 0 80,000
15 Pension plans, employee benefits....... 13,934 0 0 13,934
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 2,340 0 0 2,340
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 6,960 436 0 6,524
19 Depreciation (attach schedule) and depletion... Click to see attachment 118,050 0 118,554
20 Occupancy.............. 16,059 0 0 16,059
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 49,619 0 0 49,619
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 286,962 436 118,554 168,476
25 Contributions, gifts, grants paid........ 0 0
26 Total expenses and disbursements. Add lines 24 and 25 286,962 436 118,554 168,476
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 621,337
b Net investment income (if negative, enter -0-) 870,642
c Adjusted net income (if negative, enter -0-)... 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............... 97,680 136,777 136,777
2 Savings and temporary cash investments.......... 1,629,558 1,853,677 1,923,747
3 Accounts receivable bullet3,601
Less: allowance for doubtful accounts bullet   4,589 3,601 3,601
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   10,000 0 0
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........      
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 bullet6,127,567
Less: accumulated depreciation (attach schedule) bullet1,888,753 3,872,789 Click to see attachment4,238,814 4,238,814
15 Other assets (describe bullet) Click to see attachment14,000 Click to see attachment14,000 Click to see attachment14,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,628,616 6,246,869 6,316,939
Liabilities 17 Accounts payable and accrued expenses.......... 6,887 3,803
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).......... 6,887 3,803
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 5,621,729 6,243,066
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)...... 5,621,729 6,243,066
31 Total liabilities and net assets/fund balances (see instructions).. 5,628,616 6,246,869
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 5,621,729
2 Enter amount from Part I, line 27a..................... 2 621,337
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 6,243,066
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 6,243,066
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 FIDELITY P    
b FIDELITY-FACEBOOK P    
c Capital Gains Dividends P    
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 501,323   496,244 5,079
b 831,601   6,030 825,571
c 22,896     22,896
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       5,079
b       825,571
c       22,896
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 853,546
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 5,079
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 150,028 5,040,083 0.029767
2012 168,873 4,144,340 0.040748
2011 213,863 3,887,686 0.055010
2010 213,668 4,079,006 0.052382
2009 194,360 4,217,529 0.046084
2 Total of line 1, column (d) ...................... 2 0.223991
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 0.044798
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 5,900,354
5 Multiply line 4 by line 3....................... 5 264,324
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 8,706
7 Add lines 5 and 6......................... 7 273,030
8 Enter qualifying distributions from Part XII, line 4.............. 8 168,476
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 17,413
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 17,413
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 17,413
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 24,522
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 24,522
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 7,109
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet7,109 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMA
    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
    Yes
     
    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 ofbulletGORDON THORNE PRESIDENT Telephone no.bullet (413) 586-6819
    Located atbullet126 MAIN STREETNORTHAMPTONMA ZIP+4bullet01060
    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
     
     
    .........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
    GORDON THORNE PRESIDENT/DIRECTOR
    1.00     		0 0 0
    S PLEASANT STREET
    AMHERST,MA01002
    ANNE LOVE WOODHULL TREASURER
    1.00     		0 0 0
    S PLEASANT STREET
    AMHERST,MA01002
    ANNE LOVE WOODHULL CLERK/SECRETARY
    1.00     		0 0 0
    S PLEASANT STREET
    AMHERST,MA01002
    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 FOUNDATION ACQUIRED FARM PROPERTY IN 1996 AND AFTER RENOVATIONS AND IMPROVEMENTS THE FARM OPERATES MOSTLTY FOR EDUCATIONAL PURPOSES. 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
    0
    b
    Average of monthly cash balances.......................
    1b
    1,911,310
    c
    Fair market value of all other assets (see instructions)................
    1c
    4,078,897
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,990,207
    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
    5,990,207
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    89,853
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,900,354
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    295,018
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
     
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    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
     
    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
    168,476
    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
    168,476
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    168,476
    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  
    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$  
    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.....  
    e Remaining amount distributed out of corpus  
    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  
    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 ..........     		 
    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 ......     		 
    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
    1996-05-24
    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
    0 0 0 0 0
    b 85% of line 2a ......... 0 0 0 0 0
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		168,476 150,028 168,873 213,863 701,240
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		168,476 150,028 168,873 213,863 701,240
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		196,679 168,003 138,145 129,589 632,416
    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) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    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
    Total .................................bullet 3a 0
    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 ............     		         
    4 Dividends and interest from securities....     14 17,532  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    14 22,896 830,650
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aOTHER INCOME     03   37,221
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 40,428 867,871
    13Total. Add line 12, columns (b), (d), and (e)..................
    13908,299
    (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.)
    11 OTHER INCOME
    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:
    OPEN FIELD FOUNDATION INC
    EIN: 04-3313646
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING SERVICES 2,340 0 0 2,340

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

    TY 2014 DepreciationSchedule
    Name:
    OPEN FIELD FOUNDATION INC
    EIN: 04-3313646
    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
    LAND 1996-06-01 465,000   L   0 0 0  
    HOUSE 1996-06-01 120,000 40,800 SL 50.000000000000 2,400 0 2,400  
    HOUSE 1996-06-01 100,000 34,500 SL 50.000000000000 2,000 0 2,000  
    BARNS & OUTBUILDING 1996-06-01 50,000 34,500 SL 25.000000000000 2,000 0 2,000  
    FARM MACHINERY 1996-06-01 35,000 35,000 SL 10.000000000000 0 0 0  
    RELATED CLOSING COSTS 1996-06-01 6,501 6,501 SL 10.000000000000 0 0 0  
    FURNITURE & EQUIPMENT 1996-06-01 2,569 2,569 SL 10.000000000000 0 0 0  
    BUILDING IMPROVEMENTS 1997-08-01 1,427 475 SL 50.000000000000 29 0 29  
    HOUSE 1997-07-01 208,680 68,695 SL 50.000000000000 4,174 0 4,174  
    FARM EQUIPMENT 1997-08-01 14,277 14,277 SL 10.000000000000 0 0 0  
    FURNITURE & FIXTURES 1997-06-01 5,673 5,673 SL 10.000000000000 0 0 0  
    FARM FURNITURE & EQUIPMENT 1997-07-15 6,959 6,959 SL 7.000000000000 0 0 0  
    VEHICLES 1997-07-15 19,560 19,560 SL 5.000000000000 0 0 0  
    FARM MACHINERY 1997-06-15 20,439 20,439 SL 10.000000000000 0 0 0  
    COWS 1997-08-01 2,000 2,000 SL 5.000000000000 0 0 0  
    FURNITURE & FIXTURES 1998-06-01 2,000 2,000 SL 10.000000000000 0 0 0  
    COWS 1998-06-01 800 800 SL 5.000000000000 0 0 0  
    FARM MACHINERY 1998-06-01 19,722 19,722 SL 10.000000000000 0 0 0  
    FARM VEHICLES 1998-06-01 36,000 36,000 SL 5.000000000000 0 0 0  
    WOOD SHOP 1998-06-01 15,391 4,799 SL 50.000000000000 308 0 308  
    HORSE 1999-06-01 47,515 13,775 SL 50.000000000000 950 0 950  
    FARM EQUIPMENT 1999-06-01 6,226 6,177 SL 10.000000000000 0 0 0  
    FARM VEHICLES 1999-07-01 15,604 15,604 SL 5.000000000000 0 0 0  
    FARM IMPROVEMENTS 1999-06-01 16,584 16,442 SL 10.000000000000 0 0 0  
    SEPTIC SYSTEM 1999-06-01 11,690 6,786 SL 25.000000000000 468 0 468  
    HOUSE 2000-06-01 582 313 SL 25.000000000000 23 0 23  
    FARM EQUIPMENT 2000-06-01 25,193 25,193 SL 10.000000000000 0 0 0  
    FARM EQUIPMENT 2000-06-01 1,267 1,267 SL 5.000000000000 0 0 0  
    FARM VEHICLES 2000-06-01 23,924 23,924 SL 5.000000000000 0 0 0  
    FARM IMPROVEMENTS 2000-06-01 44,965 44,965 SL 10.000000000000 0 0 0  
    WELLS WING 2000-06-01 83,078 45,137 SL 25.000000000000 3,323 0 3,323  
    SHEEP BARN 2001-06-01 352,423 88,688 SL 50.000000000000 7,048 0 7,048  
    GREEN HOUSE 2001-06-01 23,169 11,665 SL 25.000000000000 927 0 927  
    MISC BUILDINGS 2001-06-01 884 441 SL 25.000000000000 35 0 35  
    STEEL BARN 2001-06-01 1,051 529 SL 25.000000000000 42 0 42  
    WELLS WING 2001-06-01 206,041 103,712 SL 25.000000000000 8,242 0 8,242  
    GREEN HOUSE 1997-07-01 273 84 SL 50.000000000000 5 0 5  
    OFFICE 1997-07-01 177,828 58,541 SL 50.000000000000 3,557 0 3,557  
    SMALL HOUSE 1997-07-01 5,517 1,812 SL 50.000000000000 110 0 110  
    WELLS WING 1997-07-01 13,536 4,459 SL 50.000000000000 271 0 271  
    WOOD SHOP 1997-07-01 17,210 5,663 SL 50.000000000000 344 0 344  
    MISC BUILDINGS 1999-06-01 4,923 1,421 SL 50.000000000000 98 0 98  
    WOOD SHOP 1998-06-01 29,281 9,131 SL 50.000000000000 586 0 586  
    WOOD SHOP 1998-06-01 15,573 5,553 SL 50.000000000000 311 0 311  
    GREEN HOUSE 1998-06-01 55,747 17,375 SL 50.000000000000 1,115 0 1,115  
    POST & BEAM 1998-06-01 127,201 39,644 SL 50.000000000000 2,544 0 2,544  
    GREEN HOUSE 1998-06-01 36,741 11,454 SL 50.000000000000 735 0 735  
    GREEN HOUSE 1999-06-01 15,118 8,772 SL 25.000000000000 605 0 605  
    POST & BEAM 1999-06-01 24,790 14,384 SL 25.000000000000 992 0 992  
    STEEL BARN 1999-06-01 1,631 943 SL 25.000000000000 65 0 65  
    GREEN HOUSE 1999-06-01 459 261 SL 25.000000000000 18 0 18  
    WELLS WING 1999-06-01 715 420 SL 25.000000000000 29 0 29  
    GREEN HOUSE 1999-06-01 2,712 1,566 SL 25.000000000000 108 0 108  
    HORSE 1999-06-01 1,686 493 SL 50.000000000000 34 0 34  
    STEEL BARN 1999-06-01 18,649 5,408 SL 50.000000000000 373 0 373  
    WOOD SHOP 2000-06-01 547 299 SL 25.000000000000 22 0 22  
    WELLS WING 2000-06-01 50,398 27,384 SL 25.000000000000 2,016 0 2,016  
    GREEN HOUSE 2000-06-01 4,224 2,294 SL 25.000000000000 169 0 169  
    HORSE 2000-06-01 3,860 2,093 SL 25.000000000000 154 0 154  
    FARM FURNITURE & EQUIPMENT 1998-06-01 2,935 2,935 SL 7.000000000000 0 0 0  
    FARM FURNITURE & EQUIPMENT 1998-06-01 1,307 1,307 SL 7.000000000000 0 0 0  
    FARM LAND IMPROVEMENTS 1998-06-01 97,321 92,702 SL 10.000000000000 0 0 0  
    FARM LAND IMPROVEMENTS 1997-08-01 28,708 28,708 SL 10.000000000000 0 0 0  
    FARM LAND IMPROVEMENTS 1999-06-01 32,705 32,437 SL 10.000000000000 0 0 0  
    OFFICE EQUIPMENT 2001-06-01 585 585 SL 10.000000000000 0 0 0  
    TOOLS 2001-06-01 2,112 2,112 SL 5.000000000000 0 0 0  
    FARM EQUIPMENT 2001-06-01 27,827 27,827 SL 10.000000000000 0 0 0  
    FARM LAND IMPROVEMENTS 2001-06-01 6,216 6,216 SL 10.000000000000 0 0 0  
    FARM LAND IMPROVEMENTS 2001-06-01 42,955 42,955 SL 10.000000000000 0 0 0  
    FARM LAND IMPROVEMENTS 2001-06-01 33,093 33,090 SL 10.000000000000 0 0 0  
    FARM LAND IMPROVEMENTS 2001-06-01 8,268 8,268 SL 10.000000000000 0 0 0  
    FARM LAND IMPROVEMENTS 2001-06-01 4,270 4,270 SL 10.000000000000 0 0 0  
    SHEEP BARN 2002-01-03 1,200 288 SL 50.000000000000 24 0 24  
    GREEN HOUSE 2002-01-31 535 131 SL 50.000000000000 11 0 11  
    STORAGE BUILDING 2002-01-31 461 461 SL 10.000000000000 0 0 0  
    STEEL BARN 2002-01-31 971 227 SL 50.000000000000 19 0 19  
    WELLS WING 2002-02-28 1,912 450 SL 50.000000000000 38 0 38  
    VARIOUS FARM EQUIPMENT 2002-02-28 11,819 11,819 SL 10.000000000000 0 0 0  
    OFFICE EQUIPMENT 2002-05-30 1,849 1,849 SL 10.000000000000 0 0 0  
    FENCE PERMANENT 2002-01-31 1,121 1,121 SL 10.000000000000 0 0 0  
    LAND IMPROVEMENTS 2002-04-09 14,361 14,361 SL 10.000000000000 0 0 0  
    LAND IMPROVEMENTS 2002-04-19 4,942 4,942 SL 10.000000000000 0 0 0  
    LAND IMPROVEMENTS 2002-01-31 4,540 4,540 SL 10.000000000000 0 0 0  
    BIG HOUSE 2003-06-01 33,418 7,070 SL 50.000000000000 668 0 668  
    HORSE BARN 2003-06-01 83,445 35,327 SL 25.000000000000 3,338 0 3,338  
    SMALL HOUSE 2003-06-01 27,200 5,757 SL 50.000000000000 544 0 544  
    SMALL HOUSE IMPROVEMENTS 2004-07-01 614,358 116,727 SL 50.000000000000 12,287 0 12,287  
    WASHING MACHINE 2004-07-01 1,014 1,014 SL 5.000000000000 0 0 0  
    TRACTOR EXTRACTION EQUIPMENT 2004-07-01 971 922 SL 10.000000000000 49 0 49  
    GATOR 2004-07-01 8,200 7,790 SL 10.000000000000 410 0 410  
    990 JOHN DEERE 2004-07-01 20,100 19,095 SL 10.000000000000 1,005 0 1,005  
    LAND IMPROVEMENTS-PERIMETER 2004-07-01 30,723 29,184 SL 10.000000000000 1,536 0 1,536  
    LAND IMPROVEMENTS-POND 2004-07-01 7,819 7,429 SL 10.000000000000 390 0 390  
    ROADS & DRAINAGE 2004-07-01 9,556 9,082 SL 10.000000000000 474 0 474  
    FARM EQUIPMENT 2005-07-01 1,250 1,250 SL 5.000000000000 0 0 0  
    SMALL HOUSE IMPROVEMENTS 2005-07-01 359,581 61,132 SL 50.000000000000 7,192 0 7,192  
    SMALL HOUSE #569 2006-07-01 180,670 26,947 SL 50.000000000000 3,613 0 3,613  
    SMALL HOUSE IMPROVEMENTS #575 2006-07-01 43,112 6,429 SL 50.000000000000 862 0 862  
    HOUSE 569 2007-07-01 262,255 33,874 SL 50.000000000000 5,245 0 5,245  
    MISC BUILDINGS 2007-07-01 35,560 9,243 SL 25.000000000000 1,422 0 1,422  
    OFFICE EQUIPMENT 2007-07-01 6,945 6,448 SL 7.000000000000 497 0 497  
    HOUSE FROM GORDIE 2007-07-01 420,000 50,400 SL 50.000000000000 8,400 0 8,400  
    HOUSE 569 2008-07-01 10,006 2,200 SL 25.000000000000 400 0 400  
    LANDSCAPING-DRILL WELL 2008-07-01 7,185 1,579 SL 25.000000000000 287 0 287  
    BARN FLOOR 2008-07-01 21,972 4,834 SL 25.000000000000 879 0 879  
    SMALL HOUSE 2009-07-01 9,849 1,773 SL 25.000000000000 394 0 394  
    MISC BUILDINGS 2009-07-01 16,494 2,970 SL 25.000000000000 660 0 660  
    GARAGE 593 2010-07-01 70,155 4,852 SL 50.000000000000 1,403 0 1,403  
    MISC BUILDINGS 2011-07-01 64,187 8,023 SL 20.000000000000 3,209 0 3,209  
    LAND IMPROVEMENTS 2011-07-01 11,000 541 SL 50.000000000000 220 0 220  
    EQUIPMENT 2011-07-01 4,979 1,761 SL 7.000000000000 711 0 711  
    IMPROVEMENTS 2012-07-01 54,774 4,108 SL 20.000000000000 2,739 0 2,739  
    IMPROVEMENTS-REPAIRS 2014-01-01 50,915   SL 40.000000000000 1,273 0 1,273  
    IMPROVEMENTS-WASH HOUSE 2014-01-01 228,207   SL 40.000000000000 5,705 0 5,705  
    IMPROVEMENTS-SMALL HOUSE 2014-01-01 14,767   SL 40.000000000000 369 0 369  
    MORTON BARN, WASH HOUSE, ETC 2014-07-01 484,075   SL 40.000000000000 5,547 0 6,051  

    TY 2014 LandEtcSchedule2
    Name:
    OPEN FIELD FOUNDATION INC
    EIN: 04-3313646
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 465,000 0 465,000  
    HOUSE 120,000 43,200 76,800  
    HOUSE 100,000 36,500 63,500  
    BARNS & OUTBUILDING 50,000 36,500 13,500  
    FARM MACHINERY 35,000 35,000 0  
    RELATED CLOSING COSTS 6,501 6,501 0  
    FURNITURE & EQUIPMENT 2,569 2,569 0  
    BUILDING IMPROVEMENTS 1,427 504 923  
    HOUSE 208,680 72,869 135,811  
    FARM EQUIPMENT 14,277 14,277 0  
    FURNITURE & FIXTURES 5,673 5,673 0  
    FARM FURNITURE & EQUIPMENT 6,959 6,959 0  
    VEHICLES 19,560 19,560 0  
    FARM MACHINERY 20,439 20,439 0  
    COWS 2,000 2,000 0  
    FURNITURE & FIXTURES 2,000 2,000 0  
    COWS 800 800 0  
    FARM MACHINERY 19,722 19,722 0  
    FARM VEHICLES 36,000 36,000 0  
    WOOD SHOP 15,391 5,107 10,284  
    HORSE 47,515 14,725 32,790  
    FARM EQUIPMENT 6,226 6,177 49  
    FARM VEHICLES 15,604 15,604 0  
    FARM IMPROVEMENTS 16,584 16,442 142  
    SEPTIC SYSTEM 11,690 7,254 4,436  
    HOUSE 582 336 246  
    FARM EQUIPMENT 25,193 25,193 0  
    FARM EQUIPMENT 1,267 1,267 0  
    FARM VEHICLES 23,924 23,924 0  
    FARM IMPROVEMENTS 44,965 44,965 0  
    WELLS WING 83,078 48,460 34,618  
    SHEEP BARN 352,423 95,736 256,687  
    GREEN HOUSE 23,169 12,592 10,577  
    MISC BUILDINGS 884 476 408  
    STEEL BARN 1,051 571 480  
    WELLS WING 206,041 111,954 94,087  
    GREEN HOUSE 273 89 184  
    OFFICE 177,828 62,098 115,730  
    SMALL HOUSE 5,517 1,922 3,595  
    WELLS WING 13,536 4,730 8,806  
    WOOD SHOP 17,210 6,007 11,203  
    MISC BUILDINGS 4,923 1,519 3,404  
    WOOD SHOP 29,281 9,717 19,564  
    WOOD SHOP 15,573 5,864 9,709  
    GREEN HOUSE 55,747 18,490 37,257  
    POST & BEAM 127,201 42,188 85,013  
    GREEN HOUSE 36,741 12,189 24,552  
    GREEN HOUSE 15,118 9,377 5,741  
    POST & BEAM 24,790 15,376 9,414  
    STEEL BARN 1,631 1,008 623  
    GREEN HOUSE 459 279 180  
    WELLS WING 715 449 266  
    GREEN HOUSE 2,712 1,674 1,038  
    HORSE 1,686 527 1,159  
    STEEL BARN 18,649 5,781 12,868  
    WOOD SHOP 547 321 226  
    WELLS WING 50,398 29,400 20,998  
    GREEN HOUSE 4,224 2,463 1,761  
    HORSE 3,860 2,247 1,613  
    FARM FURNITURE & EQUIPMENT 2,935 2,935 0  
    FARM FURNITURE & EQUIPMENT 1,307 1,307 0  
    FARM LAND IMPROVEMENTS 97,321 92,702 4,619  
    FARM LAND IMPROVEMENTS 28,708 28,708 0  
    FARM LAND IMPROVEMENTS 32,705 32,437 268  
    OFFICE EQUIPMENT 585 585 0  
    TOOLS 2,112 2,112 0  
    FARM EQUIPMENT 27,827 27,827 0  
    FARM LAND IMPROVEMENTS 6,216 6,216 0  
    FARM LAND IMPROVEMENTS 42,955 42,955 0  
    FARM LAND IMPROVEMENTS 33,093 33,090 3  
    FARM LAND IMPROVEMENTS 8,268 8,268 0  
    FARM LAND IMPROVEMENTS 4,270 4,270 0  
    SHEEP BARN 1,200 312 888  
    GREEN HOUSE 535 142 393  
    STORAGE BUILDING 461 461 0  
    STEEL BARN 971 246 725  
    WELLS WING 1,912 488 1,424  
    VARIOUS FARM EQUIPMENT 11,819 11,819 0  
    OFFICE EQUIPMENT 1,849 1,849 0  
    FENCE PERMANENT 1,121 1,121 0  
    LAND IMPROVEMENTS 14,361 14,361 0  
    LAND IMPROVEMENTS 4,942 4,942 0  
    LAND IMPROVEMENTS 4,540 4,540 0  
    BIG HOUSE 33,418 7,738 25,680  
    HORSE BARN 83,445 38,665 44,780  
    SMALL HOUSE 27,200 6,301 20,899  
    SMALL HOUSE IMPROVEMENTS 614,358 129,014 485,344  
    WASHING MACHINE 1,014 1,014 0  
    TRACTOR EXTRACTION EQUIPMENT 971 971 0  
    GATOR 8,200 8,200 0  
    990 JOHN DEERE 20,100 20,100 0  
    LAND IMPROVEMENTS-PERIMETER 30,723 30,720 3  
    LAND IMPROVEMENTS-POND 7,819 7,819 0  
    ROADS & DRAINAGE 9,556 9,556 0  
    FARM EQUIPMENT 1,250 1,250 0  
    SMALL HOUSE IMPROVEMENTS 359,581 68,324 291,257  
    SMALL HOUSE #569 180,670 30,560 150,110  
    SMALL HOUSE IMPROVEMENTS #575 43,112 7,291 35,821  
    HOUSE 569 262,255 39,119 223,136  
    MISC BUILDINGS 35,560 10,665 24,895  
    OFFICE EQUIPMENT 6,945 6,945 0  
    HOUSE FROM GORDIE 420,000 58,800 361,200  
    HOUSE 569 10,006 2,600 7,406  
    LANDSCAPING-DRILL WELL 7,185 1,866 5,319  
    BARN FLOOR 21,972 5,713 16,259  
    SMALL HOUSE 9,849 2,167 7,682  
    MISC BUILDINGS 16,494 3,630 12,864  
    GARAGE 593 70,155 6,255 63,900  
    MISC BUILDINGS 64,187 11,232 52,955  
    LAND IMPROVEMENTS 11,000 761 10,239  
    EQUIPMENT 4,979 2,472 2,507  
    IMPROVEMENTS 54,774 6,847 47,927  
    IMPROVEMENTS-REPAIRS 50,915 1,273 49,642  
    IMPROVEMENTS-WASH HOUSE 228,207 5,705 222,502  
    IMPROVEMENTS-SMALL HOUSE 14,767 369 14,398  
    MORTON BARN, WASH HOUSE, ETC 484,075 5,547 478,528  


    TY 2014 OtherAssetsSchedule
    Name:
    OPEN FIELD FOUNDATION INC
    EIN: 04-3313646
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    GOODWILL 14,000 14,000 14,000


    TY 2014 OtherExpensesSchedule
    Name:
    OPEN FIELD FOUNDATION INC
    EIN: 04-3313646
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SUPPLIES 5,759 0 0 5,759
    FARM VEHICLE EXPENSES 6,824 0 0 6,824
    OUTSIDE SERVICES 5,202 0 0 5,202
    INSURANCE-INCLUDING PROPERTY & WORKMENS COMP 13,893 0 0 13,893
    REPAIRS & MAINTENANCE 6,798 0 0 6,798
    OFFICE AND ADMIN EXPENSE 9,083 0 0 9,083
    MISCELLANEOUS 391 0 0 391
    RUBBISH REMOVAL 1,669 0 0 1,669


    TY 2014 OtherIncomeSchedule2
    Name:
    OPEN FIELD FOUNDATION INC
    EIN: 04-3313646
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 37,221   37,221


    TY 2014 TaxesSchedule
    Name:
    OPEN FIELD FOUNDATION INC
    EIN: 04-3313646
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 6,490 0 0 6,490
    OTHER TAXES 470 436 0 34