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
JERRY LITTON FAMILY MEMORIAL FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 695   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHILLICOTHE, MO64601
A Employer identification number

43-1092779
B Telephone number (see instructions)

(660) 646-2336
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$3,825,503J 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 18 18  
4 Dividends and interest from securities...... 74,223 74,223  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 170,464
b Gross sales price for all assets on line 6a 1,112,230
7 Capital gain net income (from Part IV, line 2)... 170,464
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 650
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule)..... 650 650
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 245,355 244,705 650
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 9,750 0 0 9,750
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 21 11 0 10
b Accounting fees (attach schedule)....... Click to see attachment 2,960 1,480 0 1,480
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,524 72 0 456
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 6,175 0 0 6,175
21 Travel, conferences, and meetings....... 3,740 0 0 3,740
22 Printing and publications.......... 200 0 0 200
23 Other expenses (attach schedule)....... Click to see attachment 55,496 51,433 0 4,063
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 80,866 52,996 0 25,874
25 Contributions, gifts, grants paid........ 355,412 355,412
26 Total expenses and disbursements. Add lines 24 and 25 436,278 52,996 0 381,286
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -190,923
b Net investment income (if negative, enter -0-) 191,709
c Adjusted net income (if negative, enter -0-)... 650
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.......... 58,278 63,777 63,777
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 3,357,970 Click to see attachment3,162,080 3,761,726
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 bullet342,675
Less: accumulated depreciation (attach schedule) bullet342,675      
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,416,248 3,225,857 3,825,503
Liabilities 17 Accounts payable and accrued expenses.......... 205 737
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).......... 205 737
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 193,878 193,878
29 Retained earnings, accumulated income, endowment, or other funds 3,222,165 3,031,242
30 Total net assets or fund balances (see instructions)...... 3,416,043 3,225,120
31 Total liabilities and net assets/fund balances (see instructions).. 3,416,248 3,225,857
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 3,416,043
2 Enter amount from Part I, line 27a..................... 2 -190,923
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 3,225,120
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 3,225,120
Form 990-PF (2014)
Form 990-PF (2014)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES (S/T) P    
b PUBLICLY TRADED SECURITIES (L/T) 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 219,705   205,747 13,958
b 826,800   736,019 90,781
c 65,725     65,725
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       13,958
b       90,781
c       65,725
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 2 170,464
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 392,184 4,146,544 0.094581
2012 315,141 4,075,864 0.077319
2011 436,763 4,108,945 0.106296
2010 277,672 4,508,172 0.061593
2009 734,376 4,259,714 0.172400
2 Total of line 1, column (d) ...................... 2 0.512189
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 0.102438
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 3,936,916
5 Multiply line 4 by line 3....................... 5 403,290
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,917
7 Add lines 5 and 6......................... 7 405,207
8 Enter qualifying distributions from Part XII, line 4.............. 8 381,286
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 3,834
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 3,834
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 3,834
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 3,480
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 3,480
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 9 354
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)
    bulletMO
    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 addressbulletNONE
    14
    The books are in care ofbulletBONNIE MITCHELL Telephone no.bullet (660) 646-2336
    Located atbullet515 WASHINGTONCHILLICOTHEMO ZIP+4bullet64601
    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
    LYNN HOOVER PRESIDENT
    1.00     		0 0 0
    1201 WALNUT STREET
    KANSAS CITY,MO64106
    EDWIN TURNER VICE-PRES
    0.10     		0 0 0
    3 LAKEVIEW VILLAGE
    CHILLICOTHE,MO64601
    BONNIE MITCHELL SEC/TREAS
    10.00     		9,750 0 0
    5285 LIV 524
    CHILLICOTHE,MO64601
    RON WOLF MANAGING DIRECTOR
    0.10     		0 0 0
    4497 HIGHWAY W
    CHILLICOTHE,MO64601
    MERLE DOUGHTY DIRECTOR
    0.10     		0 0 0
    4060 LIV 503
    CHILLICOTHE,MO64601
    DON CHAPMAN DIRECTOR
    0.10     		0 0 0
    1836 POLK
    CHILLICOTHE,MO64601
    EL REED DIRECTOR
    0.10     		0 0 0
    1801 FAIRCHILD
    CHILLICOTHE,MO64601
    JAMES SUMMERVILLE DIRECTOR
    0.10     		0 0 0
    2106 MEADOWLAND DR
    CHILLICOTHE,MO64601
    ALVIN COHEN MANAGING DIRECTOR
    0.10     		0 0 0
    4000 WEST 114TH STREET
    LEAWOOD,KS66211
    LOWELL MOHLER DIRECTOR
    0.10     		0 0 0
    4054 HWY 179
    JEFFERSON CITY,MO65109
    JAMES P VALBRACHT DIRECTOR
    0.10     		0 0 0
    1513 VINE STREET
    CHILLICOTHE,MO64601
    LAURA LEE GAYFIELD DIRECTOR
    0.10     		0 0 0
    9288 FIELDS DRIVE
    MASON,OH45040
    KRISTI SMITH WYATT DIRECTOR
    0.10     		0 0 0
    4948 SOMERSET DRIVE
    PRAIRE VILLAGE,KS66207
    LAURI MITCHELL SHEMWELL DIRECTOR
    0.10     		0 0 0
    4 HILLCREST
    CLINTON,IA52732
    RUSTY BLACK DIRECTOR
    0.10     		0 0 0
    9083 LIV 529
    CHILLICOTHE,MO64601
    JULIE BOTHWELL DIRECTOR
    0.10     		0 0 0
    14746 NE WOLFGROVE
    BRECKENRIDGE,MO64625
    ERIC TURNER DIRECTOR
    0.10     		0 0 0
    1401 LAMBERT DRIVE
    CHILLICOTHE,MO64601
    LARRY WARREN DIRECTOR
    0.10     		0 0 0
    15596 LIV 257
    CHILLICOTHE,MO64601
    BILL JACKSON DIRECTOR
    0.10     		0 0 0
    PO BOX 38
    BRUNSWICK,MO65236
    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 SMITHVILLE EXHIBIT-PROVIDING EDUCATIONAL AND OTHER SERVICES TO THE GENERAL PUBLIC. NUMBER OF INDIVIDUALS SERVED IS UNKNOWN. 1,231
    2 LOCK SPRINGS - MAINTENANCE OF MEMORIAL 806
    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
    3,914,289
    b
    Average of monthly cash balances.......................
    1b
    82,580
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,996,869
    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
    3,996,869
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    59,953
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,936,916
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    196,846
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    196,846
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    3,834
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,834
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    193,012
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    193,012
    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
    193,012
    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
    381,286
    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
    381,286
    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
    381,286
    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 7 193,012
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 526,055
    b From 2010....... 58,963
    c From 2011....... 234,880
    d From 2012....... 116,288
    e From 2013....... 191,809
    fTotal of lines 3a through e......... 1,127,995
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 381,286
    a Applied to 2013, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2014 distributable amount..... 193,012
    e Remaining amount distributed out of corpus 188,274
    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 1,316,269
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		526,055
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		790,214
    10 Analysis of line 9:
    a Excess from 2010.... 58,963
    b Excess from 2011.... 234,880
    c Excess from 2012.... 116,288
    d Excess from 2013.... 191,809
    e Excess from 2014.... 188,274
    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
    AGRICULTURAL LEADERSHIP OF TOMORROW
    PO BOX 418
    BOWLING GREEN,MO63334     		N/A PUBLIC EDUCATION 25,000
    AMERICAN LEGION BASEBALL
    1400 N WASHINGTON
    CHILLICOTHE,MO64601     		N/A PUBLIC CHARITABLE 5,000
    CHILLICOTHE EDUCATIONAL FOUNDATION
    PO BOX 620
    CHILLICOTHE,MO64601     		N/A PUBLIC EDUCATION 100,000
    CHILLICOTHE FUTURE FARMERS OF AMERICA ALUMNI ASSOCIATION CHILLICOTHE MO
    1200 FAIR STREET
    CHILLICOTHE,MO64601     		N/A PUBLIC EDUCATION 93,782
    CHILLICOTHE R-II SCHOOLS CHILLICOTHE MO
    1020 W OLD HIGHWAY 36
    CHILLICOTHE,MO64601     		N/A PUBLIC EDUCATION 49,430
    FELLOWSHIP OF CHRISTIAN ATHLETES
    PO BOX 1012
    CHILLICOTHE,MO64601     		N/A PUBLIC CHARITABLE 9,000
    LIVINGSTON COUNTY EXTENSION COUNCIL
    409 WASHINGTON STREET
    CHILLICOTHE,MO64601     		N/A PUBLIC EDUCATION 5,000
    MISSOURI ASSOCIATION OF SOIL AND WATER CONSERVATION DISTRICTS
    1209 BISCAYNE DRIVE
    JEFFERSON CITY,MO65109     		N/A PUBLIC EDUCATION 1,500
    THE SALVATION ARMY
    449 ELM STREET
    CHILLICOTHE,MO64601     		N/A PUBLIC EDUCATION 2,200
    UNIVERSITY OF MISSOURI COLUMBIA
    407 REYNOLDS ALUMNI CENTER
    COLUMBIA,MO65211     		N/A PUBLIC EDUCATION 52,500
    YOUTH IN AGRICULTURE FUND
    2503 WEST 16TH STREET
    SEDALIA,MO65301     		N/A PUBLIC EDUCATION 2,000
    CITY OF CHILLICOTHE MISSOURI
    715 WASHINGTON STREET
    CHILLICOTHE,MO64601     		N/A PUBLIC EDUCATION 10,000
    Total .................................bullet 3a 355,412
    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 18  
    4 Dividends and interest from securities....     14 74,223  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 170,464  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory.. 323100 650      
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 650 244,705 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13245,355
    (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:
    JERRY LITTON FAMILY MEMORIAL FOUNDATION
    EIN: 43-1092779
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    HARDEN, CUMMINS, MOSS & MILLER, L.L.C. 2,960 1,480 0 1,480

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    JERRY LITTON FAMILY MEMORIAL FOUNDATION
    EIN: 43-1092779
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO COM 1,966 2,119
    ABBOTT LABS COM 5,249 6,488
    ABBVIE INC COM 2,401 4,831
    ACADIA HEALTHCARE CO INC COM 525 878
    ACCENTURE PLC IRELAND CLASS SHS 1,583 2,062
    ACE LIMITED SHS 3,117 6,635
    ACI WORLDWIDE INC COM 1,597 2,059
    ACUITY BRANDS INC COM 1,169 2,414
    ACXIOM CORP COM 1,196 1,075
    ADOBE SYS INC COM 6,144 6,887
    AETNA INC NEW COM 1,035 1,017
    AFFILIATED MANAGERS GROUP INC COM 4,994 5,405
    AGCO CORP DEL COM 1,455 1,650
    AIR PRODS & CHEMS INC COM 6,431 6,698
    AIRGAS INC 1,167 1,122
    AKORN INC COM 1,752 4,012
    ALEXION PHARMACEUTICALS INC 3,866 6,713
    ALIBABA GROUP HLDG LTD SPONSORED ADS 4,297 3,839
    ALIGN TECHNOLOGY INC COM 1,001 1,129
    ALLERGAN PLC COMS SHS 15,097 15,895
    ALLSTATE CORP COM 473 483
    ALLY FINL INC COM 2,904 2,755
    ALTRA INDL MOTION CORP COM 281 229
    ALTRIA GROUP INC COM 5,740 7,124
    AMDOCS LTD SHS 1,313 1,701
    AMERICAN EQUITY INVT LIFE HLDG CO COM 449 2,275
    AMERICAN EXPRESS COMPANY 5,956 5,324
    AMERICAN INTL GROUP INC COM NEW 11,846 14,491
    AMERICAN TOWER REIT COM 6,874 9,701
    AMERIPRISE FINL INC COM 1,684 1,759
    AMGEN INC COM 3,810 6,004
    AMPHENOL CORP NEW CL A 1,275 1,298
    ANALOG DEVICES INC COM 1,340 1,575
    ANHEUSER BUSCH INBEV SA NV SPONSORED ADR 4,223 4,662
    ANIXTER INTL INC COM 1,301 2,185
    ANTHEM INC COM 5,306 8,793
    AON PLC SHS CL A 613 605
    APPLE INC COM 8,319 10,553
    ARGO GROUP INTL HLDGS LTD COM 1,745 4,172
    AT&T INC COM 6,794 6,635
    AUTOMATIC DATA PROCESSING INC COM 1,415 1,596
    AUTOZONE INC 1,357 1,402
    AVISTA CORP COM 1,399 3,005
    AVNET INC COM 5,230 4,966
    AVON PRODS INC COM 1,715 1,168
    AXIALL CORP COM 2,629 1,678
    BANCORPSOUTH INC 790 884
    BANK AMER CORP COM 18,894 21,313
    BANK OF THE OZARKS INC COM 838 927
    BARNES GROUP INC COM 860 2,569
    BAXALTA INC COM 630 657
    BAXTER INTL INC COM 494 481
    BBCN BANCORP INC COM 515 522
    BE AEROSPACE INC COM 4,863 4,286
    BED BATH & BEYOND INC COM 893 848
    BELDEN INC NEW COM 1,826 1,658
    BERKSHIRE HATHAWAY INC DEL CL B NEW 10,362 11,419
    BLACK HILLS CORP COM 1,153 2,416
    BP PLC SPONS ADR 8,434 7,135
    BRINKER INTL INC COM 1,132 1,138
    BRISTOL MYERS SQUIBB CO COM 1,818 1,707
    BRISTOW GROUP INC COM 916 1,126
    BROWN FORMAN CORP CL B 1,317 1,626
    C H ROBINSON WORLDWIDE INC COM 1,161 1,263
    CA INC COM 520 495
    CALGON CARBON CORP COM 1,120 1,451
    CALPINE CORP COM NEW 4,581 5,270
    CAPITAL ONE FINL CORP COM 6,157 9,187
    CARDINAL HEALTH INC COM 3,011 4,844
    CARDTRONICS INC COM 2,161 2,187
    CELGENE CORP 6,037 10,369
    CERNER CORP 4,325 4,805
    CHARLES RIV LABORATORIES INTL 467 543
    CHESAPEAKE ENERGY CORP 3,773 1,767
    CHESAPEAKE LODGING TR SH BEN INT 773 930
    CHEVRON CORP NEW COM 5,128 4,689
    CHICAGO BRIDGE & IRAN CO N V 4,937 5,261
    CHUBB CORP 1,709 1,741
    CHURCH & DWIGHT CO INC 1,245 1,640
    CIENA CORP COM NEW 1,996 1,985
    CIGNA CORP COM 312 288
    CINCINNATI FINL CORP COM 323 386
    CISCO SYSTEMS INC 826 1,165
    CITIGROUP INC COM NEW 6,742 9,003
    CLARCOR INC 521 782
    CLECO CORP NEW COM 646 1,742
    CLOROX CO COM 1,131 1,455
    COCA COLA COMPANY 2,555 2,670
    COGNIZANT TECHNOLOGY SOLUTIONS CORP CL A 5,077 6,941
    COLGATE PALMOLIVE CO COM 1,657 1,769
    COLUMBIA BKG SYS INC COM 428 525
    COMCAST CORP CL A 5,055 5,742
    COMCAST CORP NEW CL A SPL 3,251 9,787
    COMMUNITY HEALTH SYS INC NEW 4,945 6,378
    CONOCOPHILLIPS COM 7,332 4,883
    CORE LABORATORIES NV 3,863 2,850
    COSTCO WHOLESALE CORP NEW COM 1,485 3,778
    CRH PLC ADR 2,978 3,625
    CRITEO SA SPONS ADR 395 426
    CVB FINL CORP COM 597 673
    CVS CAREMARK CORP 8,656 16,421
    DANAHER CORP COM 962 1,923
    DECKERS OUTDOOR CORP COM 562 583
    DELTA AIRLINES INC COM 10,115 10,376
    DEVON ENERGY CORP NEW COM 2,457 2,076
    DEXCOM INC COM 565 1,185
    DIAMONDBACK ENERGY INC COM 1,112 1,077
    DIODES INC COM 1,145 1,731
    DISNEY WALT CO DISNEY COM 2,115 4,200
    DOLLAR GEN CORP NEW COM 2,236 3,134
    DOLLAR TREE INC COM 2,787 3,199
    DOW CHEM CO 4,678 4,612
    DR PEPPER SNAPPLE GROUP INC COM 1,413 1,444
    DU PONT E I DE NEMOURS & CO COM 1,148 1,387
    E TRADE FINL CORP COM NEW 1,357 2,302
    EAGLE MATERIALS INC COM 917 926
    ECOLAB INC 5,210 7,064
    EDUCATION RLTY TR INC COM 708 696
    EL PASO ELECTRIC CO COM NEW 426 437
    EMC CORP COM 6,093 6,480
    EMERSON ELC CO COM 1,526 1,242
    ENPRO INDS INC COM 810 2,331
    ENTERGY CORP NEW COM 3,246 3,622
    EQUIFAX INC 1,283 1,328
    ESCO TECHNOLOGIES INC COM 832 914
    ESSENDANT INC COM 692 1,473
    EURONET WORLDWIDE INC 1,028 1,370
    EXACT SCIENCES CORP COM 964 987
    EXPEDITORS INTL WASH INC 1,216 1,312
    EXXON MOBIL CORP COM 8,682 6,891
    F N B CORP PA COM 893 1,200
    F5 NETWORKS INC COM 916 1,073
    FABRINET SHS 342 334
    FACEBOOK INC CL A 5,449 6,111
    FAIR ISAAC CORPORATION COM 1,199 1,270
    FASTENAL CO 1,030 1,047
    FEDEX CORP COM 1,545 1,543
    FIDELITY NATL INFORMATION SVCS INC 1,004 1,178
    FIRST INDL RLTY TR INC COM 468 565
    FIRST MIDWEST BANCORP INC DEL COM 885 1,051
    FISERV INC COM 1,165 1,650
    FLEETCOR TECHNOLOGIES INC COM 597 619
    FORD MOTOR CO DEL COM PAR 7,627 8,631
    FORTINET INC COM 1,001 1,766
    FRANKLIN ELEC INC 631 519
    FRANKLIN RESOURCES INC 1,267 1,184
    FTD COS INC COM 499 437
    FTI CONSULTING INC COM 1,120 1,105
    G & K SVCS INC CL A 594 1,180
    GAP INC 986 876
    GATX CORP 621 1,326
    GENERAC HLDGS INC COM 458 386
    GENERAL DYNAMICS CORP COM 5,608 7,306
    GENERAL ELECTRIC CO COM 7,461 7,700
    GENERAL MILLS INC COM 1,073 1,222
    GENERAL MTRS CO COM 5,994 5,735
    GENUINE PARTS CO 1,243 1,334
    GENWORTH FINL INC COM CL A 6,773 4,535
    GLOBAL EQUITY FUND CLASS S 331,208 515,017
    GOLDMAN SACHS GROUP INC COM 8,692 10,664
    GOOGLE INC CL A 4,832 5,918
    GOOGLE INC CL C 3,960 5,630
    GRAINGER WW INC 1,171 1,144
    GREATBATCH INC COM 563 1,418
    HAEMONETICS CORP MASS COM 758 960
    HALLIBURTON CO COM 4,802 4,555
    HARSCO CORP 955 495
    HARTFORD FINL SVCS GROUP INC COM 2,493 3,804
    HEALTHCARE REALTY TRUST INC 1,249 1,394
    HEALTHCARE SVCS GROUP INC COM 419 489
    HENRY SCHEIN INC 1,282 1,628
    HERSHEY CO COM 1,252 1,300
    HEWLETT PACKARD CO COM 8,247 8,851
    HEXCEL CORP NEW COM 854 1,712
    HOME DEPOT INC COM 1,996 2,926
    HONEYWELL INTL INC COM 26,482 28,258
    HORMEL FOODS CORP COM 1,223 1,599
    HSN INC NEW COM 997 1,103
    HUNT J B TRANS SVCS INC COM 1,364 1,514
    IMS HEALTH HLDGS INC COM 686 762
    INNOPHOS HLDGS INC COM 459 463
    INTEL CORP COM 6,181 7,382
    INTERCONTINENTAL EXCHANGE INC COM 5,069 5,701
    INTERNATIONAL BUSINESS MACHS CORP 2,731 2,754
    INTERNATIONAL PAPER CO 611 527
    INTUIT INCORPORATED COM 3,551 4,654
    INVESCO LTD ORD SHS 3,962 4,400
    JOHNSON & JOHNSON COM 15,290 15,633
    JONES LANG LASALLE INC COM 939 1,602
    JP MORGAN CHASE & CO COM 23,836 26,658
    KENNAMETAL INC CAP STK 2,449 1,680
    KENNEDY-WILSON HLDGS INC COM 897 810
    KEY ENERGY SVCS INC 1,494 157
    KIMBERLY CLARK CORP 1,310 1,495
    KIRBY CORP COM 337 290
    KITE RLTY GROUP TR COM 225 238
    KNOLL INC COM NEW 252 387
    LA QUINTA HLDGS INC COM 915 955
    LANDSTAR SYSTEMS INC COM 1,181 1,225
    LENNAR CORP CL A COM STK 4,556 5,463
    LIBERTY GLOBAL PLC LILAC SHS CL C 162 170
    LIBERTY GLOBAL PLC SHS CL A 3,504 4,472
    LILLY ELI & CO COM 1,714 2,366
    LINEAR TECHNOLOGY CORP 1,267 1,189
    LITHIA MTRS INC CL A 1,112 1,556
    LOCKHEED MARTIN CORP COM 1,596 1,657
    LOWES COS INC COM 8,441 7,317
    MANHATTAN ASSOCS INC COM 494 583
    MARATHON OIL CORP COM 1,222 735
    MARKEL CORP COM 5,149 7,118
    MARSH & MCLENNAN COS INC COM 1,461 1,680
    MARTIN MARIETTA MATL INC COM 1,724 2,352
    MASTERCARD INC CL A COM 5,642 7,305
    MATADOR RES CO COM 1,058 859
    MATTHEWS INTL CORP CL A COM 784 1,508
    MCCORMICK & CO INC COM NON VTG 1,262 1,558
    MCDONALDS CORP 1,971 2,097
    MEAD JOHNSON NUTRITION CO COM 1,236 1,237
    MEDTRONIC INC 9,619 9,799
    MEMORIAL RESOURCE DEV CORP COM 1,640 1,025
    MERCK & CO INC NEW COM 10,560 10,731
    METLIFE INC COM 7,424 10,423
    METTLER-TOLEDO INTL INC COM 5,661 7,427
    MICHAEL KORS HLDGS LTD SHS 2,414 1,512
    MICROSOFT CORP COM 9,357 12,516
    MID-AMER APT CMNTYS INC COM 867 2,009
    MIDDLEBY CORP 1,727 2,945
    MINERAL TECHNOLOGIES INC 344 777
    MONDELEZ INTL INC CL A 5,115 6,544
    MONSANTO CO NEW COM 1,899 1,834
    MONSTER BEVERAGE CORP COM 1,985 4,914
    NABORS INDS LTD SHS 1,839 1,683
    NCR CORP NEW COM 3,008 3,277
    NETAPP INC COM 5,584 4,891
    NEWMONT MNG CORP COM 864 549
    NIELSEN HOLDINGS N V SHS 1,365 1,454
    NIKE INC CL B 1,633 2,881
    NORFOLK SOUTHER CORP 5,339 4,891
    NORTHROP GRUMMAN CORP COM 858 1,211
    NORTHWESTERN CORP COM NEW 538 1,346
    NXP SEMICONDUCTORS NV COM 736 970
    O REILLY AUTOMOTIVE INC NEW COM 4,239 6,729
    OCCIDENTAL PETE CORP COM 5,214 3,791
    ORACLE CORP COM 9,350 9,066
    OWENS ILLINOIS INC 3,462 2,904
    OXFORD INDS INC COM 576 923
    PACWEST BANCORP DEL COM 893 1,528
    PAYCHEX INC COM 1,387 1,578
    PEPSICO INC COM 8,621 9,057
    PERKINELMER INC COM 827 953
    PFIZER INC COM 8,717 10,674
    PHILLIP MORRIS INTL INC COM 8,792 9,066
    PHILLIPS 66 COM 3,248 3,975
    PINNACLE FINL PARTNERS INC COM 486 690
    PLEXUS CORP 1,359 2,975
    PNC FINL SVCS GROUP INC COM 1,813 2,455
    POLYONE CORP COM 755 1,028
    POOL CORP COM 730 915
    PRA GROUP INC COM 830 826
    PRAXAIR INC 4,238 3,767
    PRECISION CASTPARTS CORP 5,059 4,288
    PRICE T ROWE GROUP INC COM 1,314 1,311
    PRICELINE GRP INC COM NEW 4,384 4,974
    PROCTER & GAMBLE CO COM 7,116 6,903
    PROGRESS SOFTWARE CORP 1,874 3,769
    PROGRESSIVE CORP OH COM 747 976
    PS BUSINESS PKS INC 1,357 1,848
    PUBLIC STORAGE COMMON STOCK 1,381 1,641
    QUALCOMM INC 2,709 2,382
    RAMBUS INC DEL COM 1,035 1,152
    RAYMOND JAMES FINL INC COM 1,043 1,180
    RAYTHEON CO COM NEW 5,229 7,527
    REALOGY HLDGS CORP COM 5,790 5,872
    REGENERON PHARMACEUTICALS INC 4,339 7,751
    RENASANT CORP COM 629 643
    REYNOLDS AMERN INC COM 1,289 1,973
    RIO TINTO PLC SPONSORED ADR 7,949 6,063
    ROCKWELL COLLINS INC DEL COM STK 1,305 1,185
    ROPER TECHNOLGIES INC COM 1,303 1,505
    ROSS STORES INC 129 213
    ROYAL CARIBBEAN CRUISES LTD 1,640 1,797
    RUSH ENTERPRISES INC CL A 520 714
    RUSSELL EMERGING MARKETS S 197,538 190,513
    RUSSELL GLBL REAL ESTATE SECURITIES S 148,398 188,880
    RUSSELL INT'L DEVELOPED MARKETS FUND CLASS I 477,635 653,722
    RUSSELL INVT CO GBL CR STRG S 138,319 126,754
    RUSSELL INVT CO GBL INFRA FD S 176,039 186,880
    RUSSELL STRATEGIC BOND FUND CLASS I 656,147 670,325
    SCHLUMBERGER LTD COM ISIN 4,029 3,644
    SELECTIVE INS GROUP INC COM 1,160 2,742
    SENSATA TECHNOLOGIES HLDG 7,691 9,546
    SHIRE PLC SPONS ADR 4,284 4,536
    SILICON GRAPHICS INTL CORP COM 839 337
    SMUCKER J M CO COM NEW 1,207 1,340
    SNYDERS-LANCE INC COM 473 585
    SOUTH ST CORP COM 420 544
    SOUTHWEST AIRLS CO COM 1,973 4,851
    SOVRAN SELF STORAGE INC COM 960 1,047
    SPECTRANETICS CORP COM 590 291
    ST JUDE MED INC COM 3,668 4,134
    STAGE STORES INC COM 520 405
    STANLEY BLACK & DECKER INC COM 1,936 2,215
    STARBUCKS CORP COM 7,418 11,470
    STATE STR CORP COM 8,978 9,647
    STERICYCLE INC COM 1,288 1,551
    STRATEGIC HOTEL CAP INC COM 352 355
    STRYKER CORP 1,449 1,841
    SYKES ENTERPRISES INC COM 843 1,365
    SYNCHRONY FINL COM 2,946 3,299
    SYSCO CORP COM 1,398 1,416
    TAKE TWO INTERACTIVE SOFTWARE INC CDT COM 1,104 1,484
    TARGET CORP COM 4,935 6,875
    TEAM HEALTH HLDGS INC COM 925 1,483
    TEGNA INC COM SHS 796 845
    TELEDYNE TECHNOLOGIES INC COM 767 933
    TENCENT HLDGS LTD ADR 1,272 6,215
    TEREX CORP NEW 5,770 4,897
    TEVA PHARMACEUTICAL INDUSTRIES LTD ADR 3,086 4,900
    TEXAS CAP BANCSHARES INC COM DELAWARE 1,014 1,297
    TEXAS INSTRUMENTS INC 1,666 1,799
    THERMO FISHER SCIENTIFIC INC 2,387 6,697
    TIME WARNER INC NEW COM 3,571 5,723
    TJX COMPANIES INC 7,844 9,286
    TRACTOR SUPPLY CO 885 1,203
    TRANSDIGM GROUP INC COM 5,085 6,789
    TRAVELERS COS INC COM 1,434 1,486
    TREEHOUSE FOODS INC COM 864 2,623
    TRIUMPH GROUP INC NEW COM 1,426 1,131
    TRUEBLUE INC COM 483 592
    TYCO INTL LTD SHS 4,199 5,964
    ULTA SALON COSMETICS & FRAGRANCE INC COM 1,279 2,158
    ULTRA PETE CORP COM 3,021 902
    UMB FINL CORP COM 591 877
    UMPQUA HLDGS CORP COM 1,291 1,774
    UNION PACIFIC CORP COM 4,450 5,563
    UNITED BANKSHARES IN W VA COM 1,209 2,391
    UNITED CMNTY BK BLAIRSVILLE GA 451 543
    UNITED TECHNOLOGIES CORP COM 5,703 5,617
    UNITEDHEALTH GROUP INC COM 3,976 5,949
    US BANCORP DEL COM 3,118 3,300
    V F CORP COM 1,406 1,773
    VARIAN MED SYS INC COM 1,330 1,377
    VERISK ANALYTICS INC COM 664 703
    VERIZON COMMUNICATIONS INC 13,639 13,008
    VIACOM INC NEW CL B 3,644 3,078
    VISA INC COM CL A 10,222 15,369
    VOYA FINL INC COM 3,297 4,272
    VWR CORP COM 578 563
    WAL MART STORES INC COM 8,942 8,350
    WATERS CORP COM 311 400
    WATSCO INC CL A RECLASSIFIED AS COM 494 513
    WEATHERFORD INTL LTD REG 5,431 3,685
    WEC ENERGY GROUP INC COM 236 245
    WELLS FARGO & CO NEW COM 17,866 19,792
    WEST PHARMACEUTICAL SVCS INC COM 535 778
    WHIRLPOOL CORP 526 533
    WHITEWAVE FOODS CO COM 904 1,755
    WOLVERINE WORLD WIDE INC COMMON STOCK 610 674
    WYNDHAM WORLDWIDE CORP COM 2,384 7,097

    TY 2014 LegalFeesSchedule
    Name:
    JERRY LITTON FAMILY MEMORIAL FOUNDATION
    EIN: 43-1092779
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 21 11 0 10


    TY 2014 OtherExpensesSchedule
    Name:
    JERRY LITTON FAMILY MEMORIAL FOUNDATION
    EIN: 43-1092779
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LOCK SPRINGS MAINTENANCE 806 0 0 806
    INSURANCE 1,231 0 0 1,231
    INVESTMENT ACCOUNT FEE 51,433 51,433 0 0
    TELEPHONE 678 0 0 678
    OFFICE SUPPLIES 348 0 0 348
    POSTAGE & SHIPPING 262 0 0 262
    MISCELLANEOUS 738 0 0 738


    TY 2014 TaxesSchedule
    Name:
    JERRY LITTON FAMILY MEMORIAL FOUNDATION
    EIN: 43-1092779
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 456 0 0 456
    EXCISE TAX-INVESTMENT INCOME 1,996 0 0 0
    FOREIGN TAXES-ROYAL ALLIANCE 72 72 0 0