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
JANE BUTTREY MEMORIAL TRUST 50212080
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

81-6014941
B Telephone number (see instructions)

(503) 464-3580
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$1,359,902J 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      
4 Dividends and interest from securities...... 32,069 32,069  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 43,145
b Gross sales price for all assets on line 6a 468,186
7 Capital gain net income (from Part IV, line 2)... 43,145
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 75,214 75,214  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 3,378 3,041   338
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 1,500 0 0 1,500
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 554 554   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 5,432 3,595 0 1,838
25 Contributions, gifts, grants paid........ 62,000 62,000
26 Total expenses and disbursements. Add lines 24 and 25 67,432 3,595 0 63,838
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 7,782
b Net investment income (if negative, enter -0-) 71,619
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............... 5    
2 Savings and temporary cash investments.......... 19,110 28,682 28,682
3 Accounts receivable bullet738
Less: allowance for doubtful accounts bullet   2,821 738 738
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 bullet0      
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)........ 989,058 Click to see attachment881,584 1,009,336
c Investments—corporate bonds (attach schedule)........ 210,684 Click to see attachment322,541 321,146
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,221,678 1,233,545 1,359,902
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
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......... 1,221,678 1,233,545
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)...... 1,221,678 1,233,545
31 Total liabilities and net assets/fund balances (see instructions).. 1,221,678 1,233,545
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 1,221,678
2 Enter amount from Part I, line 27a..................... 2 7,782
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 4,085
4 Add lines 1, 2, and 3.......................... 4 1,233,545
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 1,233,545
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 154. ISHARES DOW JONES US REAL ESTATE ETF   2013-06-12 2014-07-08
b 549.954 P I M C O FDS TOTAL RETURN FD   2013-05-01 2014-07-08
c 100. IPATH DOW JONES UBS COMMODITY   2013-08-30 2014-07-24
d 40. EXPRESS SCRIPTS HLDGS C   2011-03-07 2014-07-24
e 75. FIFTH THIRD BANCORP   2013-08-30 2014-07-24
10. GOLDMAN SACHS GROUP INC   2013-05-01 2014-07-24
50. INTEL CORP   2013-06-12 2014-07-24
150. ISHARES DOW JONES US REAL ESTATE ETF   2013-06-12 2014-07-24
36. MICROSOFT CORP   2006-08-09 2014-07-24
210. NAVIENT CORP W D   2013-08-30 2014-07-24
35. ORACLE CORPORATION   2007-01-31 2014-07-24
913.242 P I M C O FDS TOTAL RETURN FD   2013-04-23 2014-07-24
210. SLM CORP   2013-08-30 2014-07-24
200. SPDR DOW JONES INTERNATIONAL ETF   2013-01-11 2014-07-24
142.682 LAUDUS INTERNATIONAL MARKETMASTERS   2013-04-12 2014-07-24
92.814 SCOUT INTERNATIONAL FUND   2013-04-12 2014-07-24
15. EXPRESS SCRIPTS HLDGS C   2011-03-07 2014-08-05
50. FIFTH THIRD BANCORP   2013-08-30 2014-08-05
10. GOLDMAN SACHS GROUP INC   2013-05-01 2014-08-05
100. SPDR DOW JONES INTERNATIONAL ETF   2013-01-11 2014-08-05
210.084 LAUDUS INTERNATIONAL MARKETMASTERS   2013-04-12 2014-08-05
136.575 SCOUT INTERNATIONAL FUND   2013-04-12 2014-08-05
19. WAL MART STORES INC   2011-07-27 2014-08-05
15. CVS CORP COM   2012-07-13 2014-08-13
25. SOUTHWEST AIRLINES CO   2014-07-24 2014-08-21
. COUNTRYWIDE FINANCIAL CORPORATION     2014-08-25
5. APPLE COMPUTER INC   2013-06-12 2014-08-28
926.032 BLACKROCK EMERGING MKTS L S EQTY IS   2014-03-03 2014-08-28
50. FIFTH THIRD BANCORP   2013-08-30 2014-08-28
182.149 P I M C O FDS TOTAL RETURN FD   2013-04-23 2014-08-28
50. SPDR DOW JONES INTERNATIONAL ETF   2012-10-04 2014-08-28
10. SCHLUMBERGER LTD   2008-04-03 2014-08-28
400.107 SCOUT INTERNATIONAL FUND   2013-06-12 2014-08-28
20. WAL MART STORES INC   2011-07-27 2014-08-28
133.227 SCOUT INTERNATIONAL FUND   2013-03-07 2014-09-05
100. IPATH DOW JONES UBS COMMODITY   2013-09-24 2014-09-24
107.435 LAUDUS INTERNATIONAL MARKETMASTERS   2013-11-26 2014-09-24
68.719 SCOUT INTERNATIONAL FUND   2013-03-07 2014-09-24
5. EXPRESS SCRIPTS HLDGS C   2011-03-07 2014-09-25
15. APACHE CORP   2013-05-08 2014-10-06
75. IPATH DOW JONES UBS COMMODITY   2013-03-01 2014-10-06
15. BOEING CO   2013-04-12 2014-10-06
10. EXPRESS SCRIPTS HLDGS C   2011-03-07 2014-10-06
50. FIFTH THIRD BANCORP   2013-08-30 2014-10-06
10. ILLINOIS TOOL WKS INC   2013-09-24 2014-10-06
25. INTEL CORP   2013-06-12 2014-10-06
15. MASTERCARD INC   2013-02-22 2014-10-06
1374.885 P I M C O FDS TOTAL RETURN FD   2013-04-23 2014-10-06
45. PFIZER INC COMMON STOCK   2002-03-12 2014-10-06
50. T ROWE PRICE SC STOCK   2013-09-24 2014-10-06
. DELL INC     2014-10-07
80. ISHARES DOW JONES US REAL ESTATE ETF   2013-11-21 2014-10-15
494. ISHARES DOW JONES US REAL ESTATE ETF   2013-01-11 2014-10-15
4557.885 P I M C O FDS TOTAL RETURN FD   2013-05-08 2014-10-15
88.81 SCOUT INTERNATIONAL FUND   2013-03-07 2014-10-15
50. IPATH DOW JONES UBS COMMODITY   2013-04-12 2014-10-24
914.913 P I M C O FDS TOTAL RETURN FD   2013-02-22 2014-10-24
480.256 ROWE T PRICE INTL FDS INC INTL BD FD   2014-04-23 2014-10-24
144.718 SCOUT INTERNATIONAL FUND   2013-04-23 2014-10-24
50. IPATH DOW JONES UBS COMMODITY   2013-04-12 2014-11-13
914.913 P I M C O FDS TOTAL RETURN FD   2013-02-22 2014-11-13
273.523 ROWE T PRICE INTL FDS INC INTL BD FD   2014-04-23 2014-11-13
118. SPDR DOW JONES INTERNATIONAL ETF   2011-11-07 2014-11-13
56.354 SCOUT INTERNATIONAL FUND   2013-04-23 2014-11-13
25000. CISCO SYSTEMS 2.900% 11/17/14   2010-04-15 2014-11-17
. AMERICAN INTL GROUP INC     2014-11-26
259. SPDR DOW JONES INTERNATIONAL ETF   2011-11-07 2014-12-02
217.581 LAUDUS INTERNATIONAL MARKETMASTERS   2013-11-26 2014-12-02
. FANNIE MAE COM     2014-12-23
18. CALIFORNIA RESOURCES CORP   2014-07-24 2015-01-15
277.558 LS OPPORTUNITY   2014-08-28 2015-01-15
43. COVIDIEN PLC   2012-07-13 2015-01-27
.108 MEDTRONIC PLC   2015-01-27 2015-02-05
931.099 P I M C O FDS TOTAL RETURN FD   2013-02-22 2015-02-19
296.121 SCOUT INTERNATIONAL FUND   2013-04-23 2015-02-19
26. SOUTHWEST AIRLINES CO   2014-07-24 2015-02-19
25. STATE STR CORP   2012-07-13 2015-02-19
1238.25 LS OPPORTUNITY   2014-05-30 2015-02-19
55. APACHE CORP   2013-05-08 2015-03-12
5. APPLE COMPUTER INC   2013-06-12 2015-03-12
50. FIFTH THIRD BANCORP   2013-08-30 2015-03-12
133.69 GOLDMAN SACHS COMM STRAT INS   2014-05-21 2015-03-12
15. ILLINOIS TOOL WKS INC   2013-09-24 2015-03-12
10. MICROSOFT CORP   2006-08-09 2015-03-12
10. PEPSICO INC   2007-03-30 2015-03-12
25. PRUDENTIAL FINL INC   2013-05-08 2015-03-12
295.508 ROWE T PRICE INTL FDS INC INTL BD FD   2014-04-23 2015-03-12
151.883 SCOUT INTERNATIONAL FUND   2013-03-01 2015-03-12
15. STATE STR CORP   2012-07-13 2015-03-12
13. SOUTHWEST AIRLINES CO   2014-02-20 2015-03-18
36. SOUTHWEST AIRLINES CO   2014-07-24 2015-03-18
137. MARATHON OIL CORPORATION   2014-08-05 2015-04-01
16. WAL MART STORES INC   2011-07-27 2015-04-07
5. GOLDMAN SACHS GROUP INC   2013-05-01 2015-04-09
25. P G E CORP   2011-05-18 2015-04-09
10. STRYKER CORP   2014-07-24 2015-04-09
20. XILINX INC   2014-09-25 2015-04-09
925.926 P I M C O FDS TOTAL RETURN FD   2013-02-22 2015-04-29
486.025 ROWE T PRICE INTL FDS INC INTL BD FD   2014-04-23 2015-04-29
140.885 SCOUT INTERNATIONAL FUND   2013-03-01 2015-04-29
.0192 GOOGLE INC CL C   2012-01-20 2015-05-07
25. MERCK AND CO INC   2013-01-23 2015-06-18
. BANK OF AMERICA CORP     2015-06-29
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 11,038   10,412 626
b 6,011   6,225 -214
c 3,766   3,845 -79
d 2,660   2,184 476
e 1,573   1,377 196
1,761   1,429 332
1,704   1,245 459
10,963   9,995 968
1,595   887 708
3,761   3,228 533
1,420   598 822
9,982   10,329 -347
1,816   1,808 8
8,956   8,277 679
3,501   3,019 482
3,508   3,223 285
1,058   819 239
986   918 68
1,711   1,429 282
4,370   4,052 318
4,971   4,445 526
4,963   4,742 221
1,390   1,018 372
1,181   720 461
784   722 62
30     30
512   311 201
9,686   9,500 186
1,012   918 94
2,002   2,060 -58
2,236   1,935 301
1,102   924 178
14,936   13,793 1,143
1,512   1,071 441
5,004   4,579 425
3,450   3,722 -272
2,513   2,542 -29
2,505   2,362 143
360   273 87
1,298   1,150 148
2,590   3,186 -596
1,889   1,323 566
705   546 159
997   918 79
835   775 60
851   622 229
1,118   778 340
15,000   15,550 -550
1,310   1,818 -508
2,166   2,156 10
29     29
5,633   5,099 534
34,782   29,322 5,460
49,954   51,285 -1,331
2,984   3,052 -68
1,684   1,994 -310
10,009   10,247 -238
4,505   4,681 -176
5,007   4,968 39
1,680   1,969 -289
10,000   10,247 -247
2,500   2,665 -165
5,001   4,381 620
2,007   1,935 72
25,000   25,423 -423
82     82
11,171   8,938 2,233
5,007   5,148 -141
32     32
73   159 -86
3,467   3,629 -162
4,676   2,079 2,597
8   8  
10,000   10,428 -428
10,009   10,077 -68
1,144   750 394
1,912   1,095 817
15,825   15,371 454
3,341   4,217 -876
621   311 310
955   918 37
497   790 -293
1,463   1,163 300
412   246 166
952   635 317
2,036   1,650 386
2,509   2,878 -369
5,058   5,147 -89
1,097   657 440
587   279 308
1,625   1,039 586
3,667   5,088 -1,421
1,296   857 439
970   714 256
1,314   1,138 176
919   809 110
862   845 17
9,972   10,370 -398
4,267   4,734 -467
4,954   4,775 179
10   6 4
1,463   1,067 396
303     303
      21,807
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       626
b       -214
c       -79
d       476
e       196
      332
      459
      968
      708
      533
      822
      -347
      8
      679
      482
      285
      239
      68
      282
      318
      526
      221
      372
      461
      62
      30
      201
      186
      94
      -58
      301
      178
      1,143
      441
      425
      -272
      -29
      143
      87
      148
      -596
      566
      159
      79
      60
      229
      340
      -550
      -508
      10
      29
      534
      5,460
      -1,331
      -68
      -310
      -238
      -176
      39
      -289
      -247
      -165
      620
      72
      -423
      82
      2,233
      -141
      32
      -86
      -162
      2,597
       
      -428
      -68
      394
      817
      454
      -876
      310
      37
      -293
      300
      166
      317
      386
      -369
      -89
      440
      308
      586
      -1,421
      439
      256
      176
      110
      17
      -398
      -467
      179
      4
      396
      303
       
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 43,145
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 64,455 1,324,741 0.048655
2012 62,843 1,283,744 0.048953
2011 62,300 1,229,707 0.050662
2010 42,508 1,264,809 0.033608
2009 52,465 1,172,653 0.04474
2 Total of line 1, column (d) ...................... 2 0.226618
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 0.045324
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 1,338,988
5 Multiply line 4 by line 3....................... 5 60,688
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 716
7 Add lines 5 and 6......................... 7 61,404
8 Enter qualifying distributions from Part XII, line 4.............. 8 63,838
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 1 716
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........................... 3 716
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- ..... 5 716
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 432
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 432
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 284
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 taxBullet0 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMT
    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 addressbullet  
    14
    The books are in care ofbulletUS BANK Telephone no.bullet (503) 464-3580
    Located atbullet555 SW OAKPORTLANDOR ZIP+4bullet97204
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    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
    US BANK TRUSTEE
    1     		3,378    
    PO BOX 3168
    PORTLAND,OR97208
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,322,479
    b
    Average of monthly cash balances.......................
    1b
    36,900
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,359,379
    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
    1,359,379
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    20,391
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,338,988
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    66,949
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    66,949
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    716
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    716
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    66,233
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    66,233
    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
    66,233
    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
    63,838
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    63,838
    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
    716
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    63,122
    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 66,233
    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....... 0
    b From 2010....... 0
    c From 2011....... 0
    d From 2012....... 2,620
    e From 2013....... 0
    fTotal of lines 3a through e......... 2,620
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 63,838
    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..... 63,838
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014. 2,395 2,395
    (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 5 225
    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) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		225
    10 Analysis of line 9:
    a Excess from 2010.... 0
    b Excess from 2011.... 0
    c Excess from 2012.... 225
    d Excess from 2013.... 0
    e Excess from 2014.... 0
    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
    UNIVERSITY OF MONTANA
    32 CAMPUS DRIVE
    MISSOULA,MT59812     		NONE UNIVERSITY SCHOLARSHIPS 12,400
    MONTANA STATE UNIVERSITY
    BOZEMAN
    PO BOX 174160
    BOZEMAN,MT59717     		NONE UNIVERSITY SCHOLARSHIPS 12,400
    MONTANA STATE UNIVERSITY
    NORTHERN
    PO BOX 7751
    HAVRE,MT59501     		NONE UNIVERSITY SCHOLARSHIPS 6,200
    MONTANA STATE UNIVERSITY
    BILLINGS
    1500 NORTH 30TH STREET
    BILLINGS,MT59101     		NONE UNIVERSITY SCHOLARSHIPS 6,200
    UNIVERSITY OF GREAT FALLS
    1301 20TH STREET SOUTH
    GREAT FALLS,MT59405     		NONE UNIVERSITY SCHOLARSHIPS 3,100
    CARROLL COLLEGE
    1601 NORTH BENTON AVENUE
    HELENA,MT59625     		NONE COLLEGE SCHOLARSHIPS 3,100
    ST STEPHEN'S EPISCOPAL
    SCHOOL
    PO BOX 1868
    AUSTIN,TX78767     		NONE SCHOOL SCHOLARSHIPS 3,100
    ST EDWARD'S UNIVERSITY
    3001 SOUTH CONGRESS AVE
    AUSTIN,TX78704     		NONE UNIVERSITY SCHOLARSHIPS 3,100
    EPISCOPAL THEOLOGICAL
    SEMINARY OF THE SW
    PO BOX 2247
    AUSTIN,TX78768     		NONE SCHOOL SCHOLARSHIPS 3,100
    MONTANA TECH-UNIVERSITY
    OF MONTANA
    1300 WEST PARK STREET
    BUTTE,MT59701     		NONE UNIVERSITY SCHOLARSHIPS 3,100
    UNIVERSITY OF MONTANA
    WESTERN
    710 SOUTH ATLANTIC
    DILLION,MT59725     		NONE UNIVERSITY SCHOLARSHIPS 3,100
    ROCKY MOUNTAIN COLLEGE
    1511 POLY DRIVE
    BILLINGS,MT59102     		NONE COLLEGE SCHOLARSHIPS 3,100
    Total .................................bullet 3a 62,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		         
    4 Dividends and interest from securities....     14 32,069  
    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 43,145  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   75,214  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1375,214
    (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:
    JANE BUTTREY MEMORIAL TRUST 50212080
    EIN: 81-6014941
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,500     1,500

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    JANE BUTTREY MEMORIAL TRUST 50212080
    EIN: 81-6014941
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CISCO SYSTEMS 2.900 11/17/14 3,638 3,515
    BOEING CO 3.750 11/20/16 25,000 25,992
    TARGET CORP 3.875 7/15/20 40,640 43,169
    TOTAL CAPITAL SA 3.125 10/2/15 34,947 35,232
    NUVEEN HIGH INCOME BD FD 29,131 26,789
    ISHARES BARCLAYS TIPS BD FD 29,484 29,693
    ISHARES JPMORGAN EM MKT BD FD 7,987 8,244
    BAIRD AGGREGATE BD FD 64,000 63,260
    FEDERATED INST HI YLD BD FD 16,500 16,045
    T ROWE PRICE INTL BD FD    
    BAXTER INTERNATIONAL 1.850% 6/ 25,214 24,918
    NUVEEN STRATEGIC INCOME I 26,500 25,555
    PRUDENTIAL SHORT DUR HI YLD IN 11,000 10,922
    TCW EMERGIN MARKETS INCOME FUN 8,500 7,812

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    JANE BUTTREY MEMORIAL TRUST 50212080
    EIN: 81-6014941
    Name of Stock End of Year Book Value End of Year Fair Market Value
    APACHE CORP    
    APPLE INC 8,656 18,061
    BOEING CO 3,970 6,242
    CITIGROUP INC 5,089 6,629
    EXXON MOBIL CORP 2,435 6,573
    GENERAL ELECTRIC CO 5,974 6,643
    INTEL CORP 3,237 3,954
    JOHNSON & JOHNSON 4,541 8,771
    MICROSOFT CORP 1,126 6,181
    ORACLE CORPORATION 1,964 4,635
    PEPSICO INC 4,832 8,401
    PFIZER INC 5,663 6,706
    PRAXAIR INC 2,312 7,293
    QUALCOMM INC 6,798 6,263
    STARBUCKS CORP 3,841 11,795
    TARGET CORPORATION 7,640 9,796
    UNITED TECHNOLOGIES CORP 3,515 9,207
    VERIZON COMMUNICATIONS INC 4,498 6,339
    WAL MART STORES INC 1,285 1,702
    WELLS FARGO & CO 4,213 10,123
    SCHLUMBERGER LTD 3,581 5,171
    I SHARES DJ US REAL ESTATE    
    GOOGLE INC CL A 1,809 3,780
    JP MORGAN CHASE 4,420 6,776
    ISHARES MSCI EAFE INDEX 5,359 5,284
    DISNEY WALT CO 5,298 9,702
    GOLDMAN SACHS GROUP INC 1,429 2,088
    MASTERCARD INC 4,408 7,946
    IPATH DOW JONES UBS COMMODITY 4,818 3,633
    ISHARES S & P PREF STK INDX 23,689 25,461
    CHERVON CORP 2,702 2,412
    EXPRESS SCRIPTS HLDGS 1,092 1,779
    P G E CORP 3,867 4,174
    PRUDENTIAL FINANCIAL INC 3,631 4,814
    DRIEHAUS ACTIVE INCOME FUND 14,844 13,891
    SPDR DJ WILSHIRE INTERNATIONAL    
    EMERSON ELEC CO 6,609 5,543
    ACCENTURE PLC CL A 3,578 5,323
    BAXTER INTL INC 5,323 5,245
    CVS CAREMARK CORP 4,368 9,544
    MERCK AND CO INC 3,415 4,554
    STATE STR CORP 3,373 5,929
    COVIDIEN PLC    
    ABERDEEN FDS EMRGN MKT INSTL 73,397 62,117
    LAUDUS INTL MARKETMASTERS FD 73,342 83,418
    LOOMIS SAYLES STRATEGIC ALPHA 15,749 15,076
    OPPENHEIMER SR FLOAT RATE 27,350 26,626
    PIMCO TOTAL RETURN FD 10,838 10,530
    ROBECO BOSTON PARTN L S RSRCH 41,813 50,649
    T ROWE PRICE MID-CAP GROWTH 39,936 52,749
    SCOUT INTERNATIONAL FD 35,981 36,841
    SPDR GOLD TRUST 2,200 2,135
    T ROWE PRICE SC STOCK 26,931 34,165
    T ROWE PRICE MID-CAP VALUE FD 42,606 48,570
    AT&T INC 1,981 1,989
    FIFTH THIRD BANCORP    
    GOOGLE INC CL C 1,797 3,644
    HEWLETT PACKARD CO 2,951 2,611
    ILLINOIS TOOL WORKSINC 3,488 4,131
    MACYS INC 5,094 6,747
    MARATHON OIL CORP    
    NAVIENT CORP W D    
    SLM CORP    
    SOUTHWEST AIRLINES CO    
    INVESCO LTD 3,263 3,262
    BLACKROCK EMERG MKTS L S EQ    
    CAMBIAR INTL EQUITY FD 25,000 26,016
    CAUSEWAY EMERGING MKTS 6,500 6,552
    GOLDMAN SACHS COMM STRAT 15,710 10,739
    LS OPPORTUNITY    
    T ROWE PRICE INTL GR & INC FD 26,000 25,144
    VANGUARD 500 INDEX FD    
    ABBVIE INC 5,519 6,383
    ACE LTD 4,033 3,660
    ANADARKO PETROLEUM CORP 4,912 4,137
    BANK OF AMERICA CORP 1,006 1,089
    CAPITAL ONE FINANCIAL CORP 3,023 3,255
    CARDINAL HEALTH INC 3,147 2,928
    E O G RES INC 3,880 3,677
    ECOLAB INC 4,967 5,088
    GLENMEDE SC EQUITY PORT ADV 9,250 10,047
    LOWES CO INC 4,808 6,697
    MEDTRONIC PLC 6,142 5,928
    MOHAWK INDS INC 3,991 5,727
    MORGAN STANLEY 3,264 3,879
    MYLAN NV 2,768 3,189
    NEUBERGER BERMAN LONG SH INS 16,000 15,988
    NIKE INC 1,941 2,160
    NRG ENERGY INC 1,273 1,190
    NUVEEN REAL ESTATE SECS I 30,000 29,011
    OCCIDENTAL PETROLEUM CORPORATI 5,773 4,900
    P N C FINANCIAL SERVICES GROUP 2,764 2,870
    STRYKER CORP 3,232 3,823
    VANGUARD 500 INDEX ADMIRAL 43,500 46,151
    VANGUARD GLBL EX US REAL ESTAT 5,030 4,936
    VANGUARD MID CAP INDEX ADM 5,000 4,974
    VANGUARD REIT ETF 31,928 32,042
    XILINX INC 3,304 3,533

    TY 2014 OtherIncreasesSchedule
    Name:
    JANE BUTTREY MEMORIAL TRUST 50212080
    EIN: 81-6014941
    Description Amount
       
       


    TY 2014 TaxesSchedule
    Name:
    JANE BUTTREY MEMORIAL TRUST 50212080
    EIN: 81-6014941
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES ON QUALIFIED FOR 543 543   0
    FOREIGN TAXES ON NONQUALIFIED 11 11   0