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
GARY & DIANE HEAVIN COMMUNITY FUND
 

Number and street (or P.O. box number if mail is not delivered to street address)875 COUNTY ROAD 324   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GATESVILLE, TX76528
A Employer identification number

74-3003293
B Telephone number (see instructions)

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$28,297,129J 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).............. 175,000
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 144,751 144,751  
5a Gross rents..............      
b Net rental income or (loss) -1,996,216
6a Net gain or (loss) from sale of assets not on line 10 -2,546,239
b Gross sales price for all assets on line 6a 2,582,999
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 567
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule)..... 567  
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ -2,225,921 144,751  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 71,365 71,365   0
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 14,010 14,010   0
c Other professional fees (attach schedule)....        
17 Interest............... 6 0   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 7,822 7,822   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 984,448 984,448  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 918,609 918,571   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,996,260 1,996,216   0
25 Contributions, gifts, grants paid........ 1,589,035 1,589,035
26 Total expenses and disbursements. Add lines 24 and 25 3,585,295 1,996,216   1,589,035
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,811,216
b Net investment income (if negative, enter -0-) 0
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............... 1,738,759 2,268,360 2,268,360
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 27,761,505 Click to see attachment26,372,222 24,916,282
b Investments—corporate stock (attach schedule)........      
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet1,393,302
Less: accumulated depreciation (attach schedule) bullet280,815 6,066,062 Click to see attachment1,112,487 1,112,487
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
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) 35,566,326 29,753,069 28,297,129
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 17,027,177 17,027,177
29 Retained earnings, accumulated income, endowment, or other funds 18,539,149 12,725,892
30 Total net assets or fund balances (see instructions)...... 35,566,326 29,753,069
31 Total liabilities and net assets/fund balances (see instructions).. 35,566,326 29,753,069
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 35,566,326
2 Enter amount from Part I, line 27a..................... 2 -5,811,216
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 29,755,110
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 2,041
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 29,753,069
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 VANGUARD - INTER-TERM INVEST-GR ADM P 2012-12-01 2014-02-21
b VANGUARD - INTER-TERM INVEST-GR ADM P 2012-12-01 2014-07-31
c VANGUARD - EFT WISDOMTREE JAPAN HEDGED EQUITY FD EFT P 2014-01-01 2014-03-10
d VANGUARD - EFT WISDOMTREE JAPAN HEDGED EQUITY FD EFT P 2013-01-07 2014-03-10
e VANGUARD - STOCKS CALIFORNIA RESOURCES CORP P 2012-10-01 2014-11-30
SALE OF AIRPLANE P 2013-09-30 2014-12-02
(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 500,000   532,087 -32,087
b 500,000   526,764 -26,764
c 3,192   3,276 -84
d 126,913   98,516 28,397
e 4   4 0
1,452,890 1,207,832 5,176,423 -2,515,701
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       -32,087
b       -26,764
c       -84
d       28,397
e       0
      -2,515,701
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 -2,546,239
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 1,355,077 31,572,072 0.042920
2012 1,754,886 22,851,523 0.076795
2011 1,768,502 11,897,363 0.148647
2010 2,352,384 13,542,280 0.173707
2009 2,149,900 13,082,133 0.164339
2 Total of line 1, column (d) ...................... 2 0.606408
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 0.121282
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 26,825,294
5 Multiply line 4 by line 3....................... 5 3,253,425
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 0
7 Add lines 5 and 6......................... 7 3,253,425
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,589,035
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 0
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 0
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 0
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 2,960
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 2,960
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,960
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet2,960 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    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
     
    No
    Website addressbulletN/A
    14
    The books are in care ofbulletRONNIE GLAESMANN Telephone no.bullet (254) 399-9235
    Located atbullet100 RITCHIEWACOTX ZIP+4bullet76712
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    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
    GARY HEAVIN PRESIDENT
    0.50     		0 0 0
    875 COUNTY ROAD 324
    GATESVILLE,TX76528
    DIANE HEAVIN VICE-PRESIDENT
    0.50     		0 0 0
    875 COUNTY ROAD 324
    GATESVILLE,TX76528
    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.........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    26,433,731
    b
    Average of monthly cash balances.......................
    1b
    800,070
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    27,233,801
    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
    27,233,801
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    408,507
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    26,825,294
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,341,265
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,341,265
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
     
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    0
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,341,265
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,341,265
    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
    1,341,265
    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
    1,589,035
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,589,035
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,589,035
    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 1,341,265
    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....... 1,710,837
    b From 2010....... 1,675,270
    c From 2011....... 1,173,634
    d From 2012....... 612,390
    e From 2013.......  
    fTotal of lines 3a through e......... 5,172,131
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 1,589,035
    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..... 1,341,265
    e Remaining amount distributed out of corpus 247,770
    5 Excess distributions carryover applied to 2014. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 5,419,901
    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) ...     		1,710,837
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		3,709,064
    10 Analysis of line 9:
    a Excess from 2010.... 1,675,270
    b Excess from 2011.... 1,173,634
    c Excess from 2012.... 612,390
    d Excess from 2013....  
    e Excess from 2014.... 247,770
    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).)
    GARY HEAVIN
    DIANE HEAVIN
    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
    ALS THERAPY DEVELOPMENT INSTITUTE
    300 TECHNOLOGY SQUARE SUITE 400
    CAMBRIDGE,MA02139     		  501(C)(3) GENERAL OPERATIONS 100,000
    AMERICAN CANCER SOCIETY - HIGH PLAINS DIVISION
    2433 RIDGEPOINT DR
    AUSTIN,TX78754     		  501(C)(3) GENERAL OPERATIONS 1,000
    AMERICAN FAMILY RADIO
    107 PARKGATE
    TUPELO,MS38803     		  501(C)(3) GENERAL OPERATIONS 200,000
    AMERICAN HEART ASSOCIATION
    10900-B STONELAKE BLVD SUITE 320
    AUSTIN,TX78759     		  501(C)(3) GENERAL OPERATIONS 5,000
    ARC OF MCLENNAN COUNTY
    P O BOX 3367
    WACO,TX76707     		  501(C)(3) GENERAL OPERATIONS 2,500
    BACK 2 BASICS MINISTRY
    P O BOX 132902
    SPRING,TX77393     		  501(C)(3) GENERAL OPERATIONS 1,200
    BRACK JONES SCHOLARSHIP FUND
    905 EAST MAIN STREET
    GATESVILLE,TX76528     		  501(C)(3) GENERAL OPERATIONS 10,000
    CARE NET PREGNANCY CENTER OF CENTRAL TEXAS
    4700 W WACO DRIVE
    WACO,TX76710     		  501(C)(3) GENERAL OPERATIONS 6,000
    CARITAS
    300 S 15TH STREET
    WACO,TX76701     		  501(C)(3) GENERAL OPERATIONS 50,000
    CENTRAL TEXAS HOSPITALITY HOUSE
    PO BOX 124
    GATESVILLE,TX76528     		  501(C)(3) GENERAL OPERATIONS 125,000
    CHIHUAHUAN CONNECTION - RICK CAYWOOD MINISTRIES
    P O BOX 22030
    WACO,TX76702     		  501(C)(3) GENERAL OPERATIONS: IN-KIND DONATIONS OF RICE & BEANS 251,714
    COVENANT HOUSE TEXAS
    1111 LOVETT BLVD
    HOUSTON,TX77006     		  501(C)(3) GENERAL OPERATIONS 25,000
    FAMILY ABUSE CENTER
    P O BOX 20395
    WACO,TX76702     		  501(C)(3) GENERAL OPERATIONS 60,000
    FERHA
    1595 PEACHTREE PARKWAY SUITE
    204-276
    CUMMING,GA30041     		  501(C)(3) GENERAL OPERATIONS 55,000
    FOUNDATION FOR LIFE
    10900 NORTHWEST FREEWAY SUITE 112
    HOUSTON,TX77092     		  501(C)(3) GENERAL OPERATIONS 25,000
    FRIENDS FOR LIFE
    P O BOX 23491
    WACO,TX76702     		  501(C)(3) GENERAL OPERATIONS 100,000
    FUZZY FRIENDS RESCUE
    6321 AIRPORT DR
    WACO,TX76708     		  501(C)(3) GENERAL OPERATIONS 5,000
    GATESVILLE CARE CENTER
    105 N 7TH ST
    GATESVILLE,TX76528     		  501(C)(3) GENERAL OPERATIONS 10,000
    GATESVILLE HIGH SCHOOL - HORNET BAND BOOSTER
    PO BOX 285
    GATESVILLE,TX76528     		  501(C)(3) GENERAL OPERATIONS 460
    GATESVILLE ISD
    311 S LOVERS LANE
    GATESVILLE,TX76528     		  501(C)(3) GENERAL OPERATIONS 10,000
    GENERATIONS ADOPTIONS
    400 SCHROEDER DR
    WACO,TX76710     		  501(C)(3) GENERAL OPERATIONS 2,500
    GILLESPIE MINISTRIES
    PO BOX 940463
    PLANO,TX75094     		  501(C)(3) GENERAL OPERATIONS 9,000
    JUNIOR LEAGUE OF WACO
    2600 AUSTIN AVE
    WACO,TX76710     		  501(C)(3) GENERAL OPERATIONS 5,000
    LARRY DUBAY
    201 NORTH 7TH ST
    GATESVILLE,TX76528     		  501(C)(3) GENERAL OPERATIONS 5,000
    LAZARUS HOUSE
    4106 AUSTIN ST
    HOUSTON,TX77004     		  501(C)(3) GENERAL OPERATIONS 10,000
    MEALS ON WHEELS
    PO BOX 85
    WACO,TX76703     		  501(C)(3) GENERAL OPERATIONS 5,000
    MIDDLEMAN MINISTRIES
    P O BOX 1173
    LOS FRESNOS,TX78566     		  501(C)(3) GENERAL OPERATIONS 36,000
    MISSION WACO
    1315 N 15TH
    WACO,TX76707     		  501(C)(3) GENERAL OPERATIONS 145,200
    NO MORE VICTIMS INC
    9608 MESA
    HOUSTON,TX77078     		  501(C)(3) GENERAL OPERATIONS 10,000
    ORPHAN'S PROMISE
    977 CENTERVILLE TURNPIKE
    VIRGINIA BEACH,VA23463     		  501(C)(3) GENERAL OPERATIONS 50,000
    PRO-LIFE WACO
    4200 GRIM AVE
    WACO,TX76710     		  501(C)(3) GENERAL OPERATIONS 10,000
    SALVATION ARMY
    4721 WEST WACO DR
    WACO,TX76710     		  501(C)(3) GENERAL OPERATIONS 50,000
    SEAN ASHLEY HOUSE
    5606 PARKERSBURG DRIVE
    HOUSTON,TX77036     		  501(C)(3) GENERAL OPERATIONS 10,000
    SPIRIT OF PRAISE
    25674 LEWIS LANE
    HARLINGEN,TX78552     		  501(C)(3) GENERAL OPERATIONS 24,000
    STONE GROUND BY GRACE
    215 NORTH 8TH ST
    GATESVILLE,TX76528     		  501(C)(3) GENERAL OPERATIONS 6,177
    THE CHRISTIAN BROADCASTING NETWORK
    977 CENTERVILLE TURNPIKE
    VIRGINIA BEACH,VA23463     		  501(C)(3) GENERAL OPERATIONS 100,000
    THE CHURCH OF JESUS CHRIST OF INDIA 1 TRUPTI SADAN SOCIETY
    90 FEET RDKAJUPADASAKINAKA
    MUMBAI,MAHARASHTRA400072
    IN     		  INDIA CHARITY CONSTRUCTION & GENERAL OPERATIONS 65,684
    VETERANS XTREME ADVENTURES
    4360 WESTERN CENTER BLVD 160
    FT WORTH,TX76137     		  501(C)(3) GENERAL OPERATIONS 1,000
    WALMART FOUNDATION
    702 SW 8TH ST DEPT 8687 NO 0555
    BENTONVILLE,AR727160555     		  501(C)(3) GENERAL OPERATIONS 1,600
    Total .................................bullet 3a 1,589,035
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		         
    4 Dividends and interest from securities....     15 144,751  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 -1,996,216  
    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 -30,538 -2,515,701
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..         567
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 -1,882,003 -2,515,134
    13Total. Add line 12, columns (b), (d), and (e)..................
    13-4,397,137
    (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.)
    8 CHARITABLE USE ASSET SOLD DURING 2014. THE ASSET HAD BEEN USED TO DELIVER BEANS AND RICE TO THIRD WORLD COUNTRIES.
    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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2014
    Name of the organization
    GARY & DIANE HEAVIN COMMUNITY FUND
     
    Employer identification number

    74-3003293
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 2
    Name of organization
    GARY & DIANE HEAVIN COMMUNITY FUND
          		Employer identification number

    74-3003293
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    GARY AND DIANE HEAVIN  
    875 COUNTY ROAD 324
     
    GATESVILLE, TX75628

    		$675,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 3
    Name of organization
    GARY & DIANE HEAVIN COMMUNITY FUND
          		Employer identification number

    74-3003293
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    GARY & DIANE HEAVIN COMMUNITY FUND
          		Employer identification number

    74-3003293
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2014 AccountingFeesSchedule
    Name:
    GARY & DIANE HEAVIN COMMUNITY FUND
    EIN: 74-3003293
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES-TAX 0 0   0
    PROFESSIONAL FEES 14,010 14,010   0

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

    TY 2014 DepreciationSchedule
    Name:
    GARY & DIANE HEAVIN COMMUNITY FUND
    EIN: 74-3003293
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    CAMP VAL VERDE - BUILDINGS 2008-09-16 142,260 19,152 SL 39.000000000000 3,648 3,648    
    CAMP VAL VERDE - LAND 2008-09-16 459,856   L   0 0    
    PRESSURE WASHER 2008-09-16 3,522 2,641 SL 7.000000000000 503 503    
    BASEBALL BACKSTOP 2008-09-16 981 735 SL 7.000000000000 140 140    
    CATERPILLAR LOADER 2008-09-16 38,427 28,822 SL 7.000000000000 5,490 5,490    
    LOG SPLITTER 2008-09-16 1,772 1,329 SL 7.000000000000 253 253    
    ICE MACHINE 2008-09-16 1,257 945 SL 7.000000000000 180 180    
    TWISTER CHIPPER 2008-09-16 11,840 8,879 SL 7.000000000000 1,691 1,691    
    BOBCAT MOWER 2008-09-16 2,467 1,849 SL 7.000000000000 352 352    
    DELL COMPUTER 2008-09-16 796 796 SL 5.000000000000 0 0    
    LAND 2005-01-01 36,750   L   0 0    
    BUILDING 2005-01-01 354,900 84,915 SL 39.000000000000 9,100 9,100    
    BUILDING IMPROVEMENTS 2007-11-01 7,396 1,233 SL 39.000000000000 190 190    
    JOHN DEERE TRACTORY & ROTARY CUTTER 2008-09-16 25,446 19,084 SL 7.000000000000 3,635 3,635    
    NINJA JUMP 2008-09-16 1,328 997 SL 7.000000000000 190 190    
    2 JOHN DEERE MOWERS 2008-09-16 6,500 4,877 SL 7.000000000000 929 929    
    POWER PRUNER 2008-09-16 617 462 SL 7.000000000000 88 88    
    2001 DODGE ONE TON DIESEL 2008-09-16 2,798 2,798 SL 5.000000000000 0 0    
    16' FLAT BED TRAILER 2008-09-16 787 787 SL 5.000000000000 0 0    
    3 LOG CABINS 2008-09-16 53,602 7,214 SL 39.000000000000 1,374 1,374    
    HORSE BARN BY TEXAS RANCH BARN 2008-09-16 140,977 18,979 SL 39.000000000000 3,615 3,615    
    HORSE BARN BY TEXAS RANCH BARN 2008-09-16 52,567 7,077 SL 39.000000000000 1,348 1,348    
    METAL ROOM RANCH HOUSE 2008-09-16 11,536 1,554 SL 39.000000000000 296 296    
    WESTERN FURNITURE A&S AUCTION 2008-09-16 5,886 4,416 SL 7.000000000000 841 841    
    FURNITURE - OFFICE DEPOT DESK & CHAIR 2008-09-16 860 646 SL 7.000000000000 123 123    
    FINISH LABOR & MATERIALS TO PERFORM WORK ON SEVEN UNITS 2009-05-04 20,027 18,600 SL 5.000000000000 1,335 1,335    
    EQUIPMENT 2011-06-01 541 199 SL 7.000000000000 77 77    
    BUILDING IMPROVEMENTS 2011-06-01 1,510 101 SL 39.000000000000 39 39    
    AIRPLANE 2013-09-30 5,176,423 258,821 SL 5.000000000000 949,011 949,011    

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    TY 2014 ExpenditureResponsibilityStmt
    Name:
    GARY & DIANE HEAVIN COMMUNITY FUND
    EIN: 74-3003293
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
     
          		1 TRUPTI SADAN SOCIETY90 FEET ROAD
      KAJUPADA,SAKINAKA  
    IN     		2014-09-11 30,368 GENERAL OPERATIONS OF ORPHANAGE 30,368 TO THE KNOWLEDGE OF THE GRANTOR,NO FUNDS HAVE BEEN DIVERTED TO ANY OTHER ACT JUNE 2014 - AUGUST 2014   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WAS MADE.
     
          		1 TRUPTI SADAN SOCIETY90 FEET ROAD
      KAJUPADA,SAKINAKA  
    IN     		2014-10-10 16,350 GENERAL OPERATIONS OF ORPHANAGE 16,350 TO THE KNOWLEDGE OF THE GRANTOR,NO FUNDS HAVE BEEN DIVERTED TO ANY OTHER ACT SEPTEMBER 2014 - OCTOBER 2014   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WAS MADE.
     
          		1 TRUPTI SADAN SOCIETY90 FEET ROAD
      KAJUPADA,SAKINAKA  
    IN     		2014-11-06 9,500 GENERAL OPERATIONS OF ORPHANAGE 9,500 TO THE KNOWLEDGE OF THE GRANTOR,NO FUNDS HAVE BEEN DIVERTED TO ANY OTHER ACT NOVEMBER 2014 - JANUARY 2015   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORTS WAS MADE.

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    GARY & DIANE HEAVIN COMMUNITY FUND
    EIN: 74-3003293
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

    0
    State & Local Government Securities - End of Year Book Value:


    26,372,222
    State & Local Government Securities - End of Year Fair Market Value:


    24,916,282


    TY 2014 InvestmentsLandSchedule2
    Name:
    GARY & DIANE HEAVIN COMMUNITY FUND
    EIN: 74-3003293
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    CAMP VAL VERDE - BUILDINGS 142,260 22,800 119,460  
    CAMP VAL VERDE - LAND 459,856 0 459,856  
    PRESSURE WASHER 3,522 3,144 378  
    BASEBALL BACKSTOP 981 875 106  
    CATERPILLAR LOADER 38,427 34,312 4,115  
    LOG SPLITTER 1,772 1,582 190  
    ICE MACHINE 1,257 1,125 132  
    TWISTER CHIPPER 11,840 10,570 1,270  
    BOBCAT MOWER 2,467 2,201 266  
    DELL COMPUTER 796 796 0  
    LAND 36,750 0 36,750  
    BUILDING 354,900 94,015 260,885  
    BUILDING IMPROVEMENTS 7,396 1,423 5,973  
    JOHN DEERE TRACTORY & ROTARY CUTTER 25,446 22,719 2,727  
    NINJA JUMP 1,328 1,187 141  
    2 JOHN DEERE MOWERS 6,500 5,806 694  
    POWER PRUNER 617 550 67  
    2001 DODGE ONE TON DIESEL 2,798 2,798 0  
    16' FLAT BED TRAILER 787 787 0  
    3 LOG CABINS 53,602 8,588 45,014  
    HORSE BARN BY TEXAS RANCH BARN 140,977 22,594 118,383  
    HORSE BARN BY TEXAS RANCH BARN 52,567 8,425 44,142  
    METAL ROOM RANCH HOUSE 11,536 1,850 9,686  
    WESTERN FURNITURE A&S AUCTION 5,886 5,257 629  
    FURNITURE - OFFICE DEPOT DESK & CHAIR 860 769 91  
    FINISH LABOR & MATERIALS TO PERFORM WORK ON SEVEN UNITS 20,027 19,935 92  
    EQUIPMENT 541 276 265  
    BUILDING IMPROVEMENTS 1,510 140 1,370  

    TY 2014 OtherDecreasesSchedule
    Name:
    GARY & DIANE HEAVIN COMMUNITY FUND
    EIN: 74-3003293
    Description Amount
       


    TY 2014 OtherExpensesSchedule
    Name:
    GARY & DIANE HEAVIN COMMUNITY FUND
    EIN: 74-3003293
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PORTFOLIO DEDUCTIONS 28 0   0
    ROYALTY DEDUCTIONS 10 0   0
    UTILITIES 15,792 15,792   0
    REPAIR & MAINTENANCE EXPENSE 2,560 2,560   0
    INSURANCE -9,547 -9,547   0
    BANK CHARGES 227 227   0
    MISCELLANEOUS EXPENSE 18,000 18,000   0
    AIRPLANE EXPENSE 730,796 730,796   0
    CHECKING TRANSFER 100,000 100,000   0
    INSURANCE 21,717 21,717   0
    PERMIT EXPENSE 51 51   0
    REPAIRS AND MAINTENANCE 2,767 2,767   0
    UTILITIES 4,965 4,965   0
    RENT EXPENSE 7,896 7,896   0
    SUPPLIES 6,681 6,681   0
    TELEPHONE 458 458   0
    BANK CHARGES 0 0   0
    CONTRACT LABOR 4,000 4,000   0
    MINOR EQUIPMENT/FURNISHINGS 12,208 12,208   0


    TY 2014 TaxesSchedule
    Name:
    GARY & DIANE HEAVIN COMMUNITY FUND
    EIN: 74-3003293
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAXES 0 0   0
    PROPERTY EXPENSE 7,822 7,822   0