Form990-PF
Click to see attachment

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
THE HARVEST FOUNDATION OF THE PIEDMONT
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 5183   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MARTINSVILLE, VA24115
A Employer identification number

31-1496872
B Telephone number (see instructions)

(276) 632-3329
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$216,136,526J 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...... 6,245,440 6,245,440  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 6,614,512
b Gross sales price for all assets on line 6a 29,240,451
7 Capital gain net income (from Part IV, line 2)... 6,614,462
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 1,237,305 1,236,100  
12 Total. Add lines 1 through 11........ 14,097,257 14,096,002  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 214,586 21,459   193,127
14 Other employee salaries and wages...... 365,985 16,219   347,670
15 Pension plans, employee benefits....... 108,978 7,750   84,445
16a Legal fees (attach schedule)......... Click to see attachment 22,604 2,260   20,344
b Accounting fees (attach schedule)....... Click to see attachment 4,765 2,383   2,383
c Other professional fees (attach schedule).... Click to see attachment 2,113,047 1,913,134   199,301
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 93,102 92,058   1,044
19 Depreciation (attach schedule) and depletion... Click to see attachment 15,367    
20 Occupancy.............. 37,033 2,855   34,930
21 Travel, conferences, and meetings....... 60,009 4,701   59,450
22 Printing and publications.......... 3,055 306   3,069
23 Other expenses (attach schedule)....... Click to see list of attachments 374,679 11,018   338,780
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,413,210 2,074,143   1,284,543
25 Contributions, gifts, grants paid........ 11,539,133 10,140,977
26 Total expenses and disbursements. Add lines 24 and 25 14,952,343 2,074,143   11,425,520
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -855,086
b Net investment income (if negative, enter -0-) 12,021,859
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 10,099,789 1,591,167 1,591,167
2 Savings and temporary cash investments.......... 1,293,852 166,171 166,171
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   340,000    
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges........... 23,269 131,740 131,740
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 8,501,412 Click to see attachment8,601,325 8,601,325
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)........... 198,996,791 Click to see attachment205,595,438 205,595,438
14 Land, buildings, and equipment: basis bullet274,035
Less: accumulated depreciation (attach schedule) bullet248,130 37,944 Click to see attachment25,905 25,905
15 Other assets (describe bullet) Click to see attachment2,562 Click to see attachment24,780 Click to see attachment24,780
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 219,295,619 216,136,526 216,136,526
Liabilities 17 Accounts payable and accrued expenses.......... 92,360 98,703
18 Grants payable.................. 17,488,590 18,636,132
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) Click to see attachment708,741 Click to see attachment513,982
23 Total liabilities (add lines 17 through 22).......... 18,289,691 19,248,817
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 201,005,928 196,887,709
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)...... 201,005,928 196,887,709
31 Total liabilities and net assets/fund balances (see instructions).. 219,295,619 216,136,526
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)............... 1 201,005,928
2 Enter amount from Part I, line 27a..................... 2 -855,086
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 200,150,842
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 3,263,133
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 196,887,709
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 VARIOUS INVESTMENTS P 2005-01-01 2014-01-01
b SHORT TERM CAPITAL GAIN FROM K-1 P 2014-01-01 2014-10-13
c LONG TERM CAPITAL GAIN FROM K-1 P 2005-01-01 2014-01-01
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 22,773,902   22,625,939 147,963
b 941,996     941,996
c 5,524,503     5,524,503
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       147,963
b       941,996
c       5,524,503
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 6,614,462
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 10,331,672 204,560,901 0.05051
2012 12,249,306 190,396,669 0.06434
2011 8,101,012 191,940,441 0.04221
2010 8,709,956 183,139,045 0.04756
2009 8,658,294 164,751,432 0.05255
2 Total of line 1, column (d) ...................... 2 0.25716
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 0.05143
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 214,732,223
5 Multiply line 4 by line 3....................... 5 11,044,108
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 120,219
7 Add lines 5 and 6......................... 7 11,164,327
8 Enter qualifying distributions from Part XII, line 4.............. 8 11,425,520
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 1 120,219
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 120,219
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 120,219
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 242,001
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.............. 7 242,001
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 121,782
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet121,782 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
No
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)
    bulletVA
    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 addressbulletWWW.THEHARVESTFOUNDATION.ORG
    14
    The books are in care ofbulletALLYSON ROTHROCK Telephone no.bullet (276) 632-3329
    Located atbullet1 ELLSWORTH STREETMARTINSVILLEVA ZIP+4bullet24112
    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?
    16Yes  
    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 bulletOC
    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
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    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
    JAMES MCCLAIN II Chairman
    2.00     		0    
    1 ELLSWORTH STREET
    MARTINSVILLE,VA24112
    W CHRISTOPHER BEELER JR Vice Chairman
    2.00     		0    
    1 ELLSWORTH STREET
    MARTINSVILLE,VA24112
    EUGENE C MADONIA MD Treasurer
    2.00     		0    
    1 ELLSWORTH STREET
    MARTINSVILLE,VA24112
    MARTHA W MEDLEY Secretary
    2.00     		0    
    1 ELLSWORTH STREET
    MARTINSVILLE,VA24112
    PAUL R EASON MD BOARD MEMBER
    2.00     		0    
    1 ELLSWORTH STREET
    MARTINSVILLE,VA24112
    VIRGINIA W HAMLET BOARD MEMBER
    2.00     		0    
    1 ELLSWORTH STREET
    MARTINSVILLE,VA24112
    CYNTHIA INGRAM EDD BOARD MEMBER
    2.00     		0    
    1 ELLSWORTH STREET
    MARTINSVILLE,VA24112
    AMY P LAMPE Board Member
    2.00     		0    
    1 ELLSWORTH ST
    MARTINSVILLE,VA24112
    JAMES K MUEHLECK DDS Board Member
    2.00     		0    
    1 ELLSWORTH STREET
    MARTINSVILLE,VA24112
    DAVID L STONE JR Board Member
    2.00     		0    
    1 ELLSWORTH STREET
    MARTINSVILLE,VA24112
    E LARRY RYDER Board Member
    2.00     		0    
    1 ELLSWORTH STREET
    MARTINSVILLE,VA24112
    ALLYSON ROTHROCK President
    40.00     		183,711 30,875  
    1 ELLSWORTH STREET
    MARTINSVILLE,VA24112
    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
    NANCY COX DIR OF PROGAMS
    40.00     		102,000 23,443  
    1 ELLSWORTH STREET
    MARTINSVILLE,VA24112
    GEORGIA COMPTON CONTROLLER
    40.00     		66,912 13,343  
    1 ELLSWORTH STREET
    MARTINSVILLE,VA24112
    FRANKLIN HOUSE JR PROGRAM OFFICER
    40.00     		55,417 7,776  
    1 ELLSWORTH STREET
    MARTINSVILLE,VA24112
    KIMBERLY HARRIS EXEC. ASSIST.
    40.00     		49,378 11,576  
    1 ELLSWORTH STREET
    MARTINSVILLE,VA24112
    SHERYL AGEE IMPACT OFFICER
    40.00     		42,436 9,716  
    1 ELLSWORTH STREET
    MARTINSVILLE,VA24112
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    COLONIAL CONSULTING CORPORATION INVESTMENT CONSULTIN 166,679
    750 THIRD AVE
    NEW YORK,NY100172703
    GREG NEWTON ASSOCIATES PROGRAM CONSULTING 59,200
    1010 E EL ALAMEDA
    PALM SPRINGS,CA92262
    ANSTEY HODGE ADVERTISING GROUP PUBLIC RELATIONS 71,024
    120 COMMONWEALTH AVENUE NE
    ROANOKE,VA24016
    STATE STREET BANK AND TRUST COMPANY INVESTMENT CUSTODIAN 60,417
    125 SUNNYNOLL COURT SUITE 200
    WINSTON SALEM,NC27106
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 SUPPORT OF K-12 EDUCATION INITIATIVES IN MARTINSVILLE AND HENRY COUNTY THROUGH TECHNICAL ASSISTANCE AND EVALUATION FOR THE GRANTS AWARDED TO HENRY COUNTY PUBLIC SCHOOLS, MARTINSVILLE CITY SCHOOLS AND THE CARLISLE SCHOOL. 244,792
    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
    212,376,445
    b
    Average of monthly cash balances.......................
    1b
    5,625,812
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    218,002,257
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    218,002,257
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    3,270,034
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    214,732,223
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    10,736,611
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    10,736,611
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    120,219
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    120,219
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    10,616,392
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    10,616,392
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    10,616,392
    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
    11,425,520
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    11,425,520
    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
    120,219
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    11,305,301
    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 10,616,392
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012....... 2,320,935
    e From 2013....... 571,641
    fTotal of lines 3a through e......... 2,892,576
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 11,425,520
    a Applied to 2013, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2014 distributable amount..... 10,616,392
    e Remaining amount distributed out of corpus 809,128
    5 Excess distributions carryover applied to 2014.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 3,701,704
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		3,701,704
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012.... 2,320,935
    d Excess from 2013.... 571,641
    e Excess from 2014.... 809,128
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    HARVEST FOUNDATION OF THE PIEDMONT
    1 ELLSWORTH ST
    MARTINSVILLE,VA24112
    (276) 632-3329
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICANTS SHOULD FIRST FILL OUT A PROGRAM SUMMARY. THIS CAN BE SUBMITTED ON-LINE AT WWW.THEHARVESTFOUNDATION.ORG. AS APPROPRIATE, THE PROGRAM STAFF WILL INVITE APPLICANT ORGANIZATIONS TO SUBMIT A FULL PROPOSAL.
    cAny submission deadlines:
    NO SPECIFIC DEADLINES FOR DOCUMENT SUBMISSION.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ORGANIZATION MUST BE CLASSIFIED AS A TAX-EXEMPT, NONPROFIT ORGANIZATION UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE. ORGANIZATIONS WITH OTHER 501(C)(4) AND 501(C)(6) TAX STATUS MAY BE CONSIDERED AT THE DISCRETION OF THE FOUNDATION AND BASED ON THE CHARITABLE INTENT OF THE PROPOSAL.ORGANIZATION MUST BE LOCATED WITHIN, OR HAVE ITS PROGRAM FOCUSED WITHIN, MARTINSVILLE OR HENRY COUNTY VIRGINIA AND BE PROPOSING A PROGRAM WITHIN ONE OF THE FOUNDATION'S THREE FOCUS AREAS OF HEALTH, EDUCATION, AND COMMUNITY VITALITY.
    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
    UNITED WAY OF HENRY CO AND MARTINSVILLE
    134 East Church Street PO BOX 951
    MARTINSVILLE,VA24114     		N/A PC FACILITATION OF THE MHC POSITIVE YOUTH COLLABORATIVE 102,270
    CITY OF MARTINSVILLE
    PO BOX 1112 55 W CHURCH STREET
    MARTINSVILLE,VA24114     		N/A GOV CONTINUATION OF OPERATIONAL SUPPORT FOR SMITH RIVER SPORTS COMPLEX OVER THREE YEARS 227,500
    HENRY COUNTY PUBLIC SCHOOLS
    PO BOX 8958
    COLLINSVILLE,VA24078     		N/A GOV CONTINUATION GRANT TO FOCUS ON ENHANCING AND IMPROVING EDUCATIONAL OUTCOMES FOR ALL STUDENTS UTILIZING DIFFERENTIATED INSTRUCTION FOR TWO ADDITIONAL YEARS 490,000
    MARTINSVILLE CITY SCHOOLS
    PO BOX 5548
    MARTINSVILLE,VA24115     		N/A GOV CONTINUATION GRANT FOCUSED ON ENHANCING AND IMPROVING EDUCATIONAL OUTCOMES FOR ALL STUDENTS UTILIZING "EFFECTIVE SCHOOLS RESEARCH" AS A VEHICLE FOR IMPROVING MATH AND READING SKILLS FOR TWO ADDITIONAL YEARS 120,000
    PIEDMONT VIRGINIA DENTAL HEALTH FDN
    407 STARLING AVENUE
    MARTINSVILLE,VA24112     		N/A PC COMMUNITY DENTAL CLINIC OPERATIONS WITH DEVELOPMENT DIRECTOR 187,500
    CARLISLE SCHOOL
    300 CARLISLE ROAD
    MARTINSVILLE,VA24115     		N/A PC TO CONTINUE ITS WORK RELATED WITH THE INTERNATIONAL BACCALAUREATE CURRICULUM AND THE USE OF DIFFERENTIATED INSTRUCTION FOR TWO ADDITIONAL YEARS 50,000
    MARTINSVILLE-HENRY CO ECONOMIC DEVELOP
    134 EAST CHURCH STREET SUITE 200
    MARTINSVILLE,VA24114     		N/A PC TO SUPPORT GENERAL OPERATIONS 1,500,000
    PHOENIX COMMUNITY DEVELOPMENT CORP
    134 E CHURCH STREET SUITE 200
    MARTINSVILLE,VA24114     		N/A PC OPERATIONAL GRANT FOR THE PHOENIX COMMUNITY DEVELOPMENT CORPORATION 170,537
    UNITED WAY OF HENRY CO AND MARTINSVILLE
    134 East Church Street PO BOX 951
    MARTINSVILLE,VA24114     		N/A PC SMART BEGINNINGS MHC 169,600
    THE FAMILY YMCA
    3 STARLING AVE
    MARTINSVILLE,VA24112     		N/A PC ACTIVATE PROGRAM CONTINUATION 50,000
    FRIENDS OF INFINITY ACRES INC
    136 JOPPA RD
    RIDGEWAY,VA24148     		N/A PC PUP GRANT - TO EXPAND SERVICES AND FACILITIES WITH THE NEW ENABLE PROGRAM FOR CLIENTS WITH DISABILITIES 10,000
    GRACE NETWORK OF MARTINSVILLE AND H
    433 E COMMONWEALTH BLVD
    MARTINSVILLE,VA24112     		N/A PC PUP GRANT - FOR STRATEGIC PLANNING AND IMPLEMENTATION 1,500
    GREATER BASSETT AREA COMMUNITY INC
    3289 RIVERSIDE DR
    BASSETT,VA24055     		N/A PC GREATER BASSETT AREA BEAUTIFICATION 9,590
    INSTITUTE FOR ADVANCED LEARNING AND
    150 SLAYTON AVE
    DANVILLE,VA24540     		N/A PC PUP GRANT - CAREER CHOICE; SOVA YOUTH EXPO 10,000
    MARTINSVILLE-HENRY CO ECONOMIC
    134 EAST CHURCH STREET SUITE 200
    MARTINSVILLE,VA24114     		N/A PC MHC EDC MICRO-ENTERPRISE REVOVLING LOAN FUND 89,387
    NEW COLLEGE FOUNDATION
    191 FAYETTE STREET
    MARTINSVILLE,VA24112     		N/A PC 2014-2016 BIENNIAL REQUEST FOR OPERATIONS 975,000
    PIEDMONT REGIONAL COMMUNITY SERVICE
    24 CLAY STREET
    MARTINSVILLE,VA24112     		N/A PC RISING STARS SATURDAY READING ENRICHMENT PROGRAM 9,050
    RECTOR VISITORS OF UVA
    PO BOX 400222
    CHARLOTTESVILLE,VA22904     		N/A GOV VIRGINIA COLLEGE ADVISING CORPS 2014-2015 36,000
    ROOSTER WALK INC
    PO BOX 601
    MARTINSVILLE,VA24112     		N/A PC ROOSTER WALK PORTABLE STAGE FUND 146,450
    HENRY COUNTY
    PO BOX 7 3300 KINGS MOUNTAIN RD
    COLLINSVILLE,VA24078     		N/A GOV COMMONWEALTH CROSSING BUSINESS CENTER FOR GRADING AND INFRASTRUCTURE IMPROVEMENTS 1,000,000
    MHC ECONOMIC DEVELOPMENT CORP PCDC
    134 EAST CHURCH STREET SUITE 200
    MARTINSVILLE,VA24114     		N/A PC REFUND RECEIVED OF UNSPENT FUNDS RELATED TO FUNDING FOR PRE-DEVELOPMENT WORK RELATED TO POTENTIAL REAL ESTATE PROJECTS IN UPTOWN -132,745
    DAN RIVER BASIN ASSOCIATION
    413 CHURCH STREET SUITE 401
    EDEN,NC27288     		N/A PC FOR COMMUNITY CONNECTIONS: RIVERS & TRAILS PHASE III 96,850
    MARTINSVILLE HC FOR HEALTH AND WELL
    22 CHURCH STREET SUITE 311
    MARTINSVILLE,VA24112     		N/A PC CONTINUATION GRANT FOR OPERATIONS 1,235,316
    MARTINSVILLE UPTOWN REVITALIZATION
    22 E CHURCH STREET SUITE 308
    MARTINSVILLE,VA24114     		N/A PC SHOP LOCAL MHC INITIATIVE 45,161
    MARTINSVILLE HC ECONOMIC DEVELOPMEN
    134 EAST CHURCH STREET SUITE 200
    MARTINSVILLE,VA24114     		N/A PC TO CONTINUE FOCUS ON CREATING OPPOTUNITIES FOR JOB GROWTH AND NEW CAPITAL INVESTMENT 500,000
    PIEDMONT REGIONAL COMMUNITY SERVICE
    24 CLAY STREET
    MARTINSVILLE,VA24112     		N/A PC FOR THE COMMUNITY RECOVERY PROGRAM 230,415
    HENRY COUNTY
    PO BOX 7 3300 KINGS MOUNTAIN RD
    COLLINSVILLE,VA24078     		N/A GOV PHILPOTT PARK & MARINA. 125,000
    FUTURE OF PIEDMONT FOUNDATION
    108 SOUTH MAIN ST
    CHATHAM,VA24531     		N/A PC TO FUND THE SOUTHERN VA REGIONAL ALLIANCE 12,500
    NEW COLLEGE FOUNDATION
    191 FAYETTE STREET
    MARTINSVILLE,VA24112     		N/A PC BIENNIAL REQUEST 2012-2014 1,674,096
    NEW COLLEGE FOUNDATION
    191 FAYETTE STREET
    MARTINSVILLE,VA24112     		N/A PC BUILDING ON BALDWIN FUND 1,000,000
    Total .................................bullet 3a 10,140,977
    bApproved for future payment
    NEW COLLEGE FOUNDATION
    191 FAYETTE STREET
    MARTINSVILLE,VA24112     		N/A PC 2014-2016 BIENNIAL REQUEST FOR OPERATIONS 3,675,000
    RECTOR VISITORS OF UVA
    PO BOX 400222
    CHARLOTTESVILLE,VA22904     		N/A GOV VIRGINIA COLLEGE ADVISING CORPS 2014-2015 36,000
    MARTINSVILLE HC ECONOMIC DEVELOPMEN
    134 EAST CHURCH STREET SUITE 200
    MARTINSVILLE,VA24114     		N/A PC SUPPORT FOR PROJECT ATLANTIS AND MERCURY 5,000,000
    NEW COLLEGE FOUNDATION
    191 FAYETTE STREET
    MARTINSVILLE,VA24112     		N/A PC Martinsville-Henry County Center of Excellence for Advanced Manufacturing: a partnership between New College Institute, Patrick Henry Community College and MHC Economic Development Corporation 1,800,000
    Total .................................bullet 3b 10,511,000
    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 6,245,440  
    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 6,614,512  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aORDINARY K-1 INCOME(LOSS)     14 1,237,305  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   14,097,257  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1314,097,257
    (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: 14000265
    Software Version: 2014v5.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    THE HARVEST FOUNDATION OF THE PIEDMONT
    EIN: 31-1496872
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING AND BOOKKEEPING 4,765 2,383 0 2,383

    TY 2014 ContractorCompensationExpln
    Name:
    THE HARVEST FOUNDATION OF THE PIEDMONT
    EIN: 31-1496872
    Software ID:14000265
    Software Version:2014v5.0
    Contractor Explanation
    ADVERTISING & PUBLIC RELATIONS
    INVESTMENT CONSULTING
    PROGRAM CONSULTING
    INVESTMENT CONSULTING

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    THE HARVEST FOUNDATION OF THE PIEDMONT
    EIN: 31-1496872
    Software ID:14000265
    Software Version:2014v5.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COMMON STOCKS 8,601,325 8,601,325

    TY 2014 InvestmentsOtherSchedule2
    Name:
    THE HARVEST FOUNDATION OF THE PIEDMONT
    EIN: 31-1496872
    Software ID:14000265
    Software Version:2014v5.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT IN LIMITED PARTNERSHIP FMV 163,609,774 163,609,774
    MUTUAL FUNDS FMV 41,985,664 41,985,664

    TY 2014 LandEtcSchedule2
    Name:
    THE HARVEST FOUNDATION OF THE PIEDMONT
    EIN: 31-1496872
    Software ID:14000265
    Software Version:2014v5.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 95,557 90,836 4,721 4,721
    Improvements 48,621 34,305 14,316 14,316
    Miscellaneous 129,857 122,989 6,868 6,868


    TY 2014 LegalFeesSchedule
    Name:
    THE HARVEST FOUNDATION OF THE PIEDMONT
    EIN: 31-1496872
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 22,604 2,260 0 20,344


    TY 2014 OtherAssetsSchedule
    Name:
    THE HARVEST FOUNDATION OF THE PIEDMONT
    EIN: 31-1496872
    Software ID:14000265
    Software Version:2014v5.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST & DIVIDENDS RECEIVABLE 2,562 24,780 24,780


    TY 2014 OtherDecreasesSchedule
    Name:
    THE HARVEST FOUNDATION OF THE PIEDMONT
    EIN: 31-1496872
    Software ID:14000265
    Software Version:2014v5.0
    Description Amount
       


    TY 2014 OtherExpensesSchedule
    Name:
    THE HARVEST FOUNDATION OF THE PIEDMONT
    EIN: 31-1496872
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DIRECT CHARITABLE EXPENDITURES 244,792     237,271
    DUES & SUBSCRIPTIONS 15,697 46   15,651
    EQUIPMENT RENTAL AND MAINTENANCE 8,358 835   7,963
    INFORMATION TECHNOLOGY 35,721 3,572   28,442
    INSURANCE 21,786 2,133   8,484
    MISCELLANEOUS 4,843 83   4,814
    POSTAGE AND SHIPPING 685 69   643
    PUBLIC RELATIONS 33,800 3,380   27,141
    SUPPLIES 8,997 900   8,371


    TY 2014 OtherIncomeSchedule2
    Name:
    THE HARVEST FOUNDATION OF THE PIEDMONT
    EIN: 31-1496872
    Software ID:14000265
    Software Version:2014v5.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ORDINARY K-1 INCOME(LOSS) 1,237,305 1,236,100  


    TY 2014 OtherLiabilitiesSchedule
    Name:
    THE HARVEST FOUNDATION OF THE PIEDMONT
    EIN: 31-1496872
    Software ID:14000265
    Software Version:2014v5.0
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED TAX LIABILITY 541,138 513,982
    403b CONTRIBUTIONS PAYABLE 4,656  


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    THE HARVEST FOUNDATION OF THE PIEDMONT
    EIN: 31-1496872
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDITING FEES 15,640 7,820 0 7,820
    CONSULTING 19,311 126 0 18,722
    INVESTMENT ADVISORY SERVICES 229,112 229,112 0 0
    INVESTMENT MGT FEES 1,676,076 1,676,076 0 0
    PROGRAM RELATED CONSULTING 172,908 0 0 172,759


    TY 2014 TaxesSchedule
    Name:
    THE HARVEST FOUNDATION OF THE PIEDMONT
    EIN: 31-1496872
    Software ID:14000265
    Software Version:2014v5.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES AND LICENSES 93,102 92,058   1,044