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
MARRINER S ECCLES FOUNDATION
C/O DAVID L BUCHMAN WELLS FARGO BANK

Number and street (or P.O. box number if mail is not delivered to street address)299 SOUTH MAIN 5TH FLOOR   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SALT LAKE CITY, UT84111
A Employer identification number

23-7185855
B Telephone number (see instructions)

(888) 730-4933
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$38,916,712J 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 57 57  
4 Dividends and interest from securities...... 716,338 716,338  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 678,136
b Gross sales price for all assets on line 6a 1,487,233
7 Capital gain net income (from Part IV, line 2)... 678,136
8 Net short-term capital gain.........  
9 Income modifications........... 13,137
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 47,204 0  
12 Total. Add lines 1 through 11........ 1,441,735 1,394,531 13,137
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 140,257 48,758   91,499
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 9,162 9,162   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 63,162 1,195   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 15,852 0   15,852
21 Travel, conferences, and meetings....... 1,097 0   1,097
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 353,662 343,287   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 583,192 402,402   108,448
25 Contributions, gifts, grants paid........ 1,294,000 1,294,000
26 Total expenses and disbursements. Add lines 24 and 25 1,877,192 402,402   1,402,448
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -435,457
b Net investment income (if negative, enter -0-) 992,129
c Adjusted net income (if negative, enter -0-)... 13,137
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............... 365,338 189,914 189,914
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)      
b Investments—corporate stock (attach schedule)........ 7,865,024 Click to see attachment7,936,805 20,846,988
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)........... 12,471,034 Click to see attachment12,235,210 17,879,810
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) 20,701,396 20,361,929 38,916,712
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......... 19,612,167 19,612,167
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 1,089,229 749,762
30 Total net assets or fund balances (see instructions)...... 20,701,396 20,361,929
31 Total liabilities and net assets/fund balances (see instructions).. 20,701,396 20,361,929
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 20,701,396
2 Enter amount from Part I, line 27a..................... 2 -435,457
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 337,644
4 Add lines 1, 2, and 3.......................... 4 20,603,583
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 241,654
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 20,361,929
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 CINTAS CORP P   2014-05-20
b GOOGLE INC. P   1942-05-28
c PNC FINANCIAL SERVICES GROUP P   2014-05-21
d EMC CORP MASS P   2014-07-08
e AFLACK INC P   2014-07-30
POTASH CORP SASK P   2014-11-11
CALIFORNIA RESOURCES CORP P   2014-12-19
WELLS FARGO FUNDS EQUITY P   2015-03-09
WF ADV DISCOVERY FUND - ADM #3703 P   2015-03-09
WFA INTRINS S/C VAL - 1 #3143 P   2015-03-09
CARLYLE FINANCIAL SERVICES AIV VI SHORT TERM GAIN P    
CARLYLE FINANCIAL SERVICES AIV LONG TERM GAIN P    
CARLYLE FINANCIAL SERVICES AIV III SHORT TERM GAIN P    
CARLYLE FINANCIAL SERVICES AIV III SHORT TERM GAIN P    
UV PARTNERS IV, LP LONG TERM LOSS P    
PELION VENTURES V, L.P. LONG TERM GAIN P    
KEYSTOME PRIVATE EQUITY OP II SHORT TERM GAIN P    
KEYSTOME PRIVATE EQUITY OP II LONG TERM GAIN P    
CAPITAL GAINS DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 63,020   29,596 33,424
b 98,023   50,595 47,428
c 27,574   17,032 10,542
d 102,840   107,329 -4,489
e 56,917   62,739 -5,822
86,842   108,002 -21,160
1,743   1,796 -53
150,000   158,651 -8,651
150,000   99,836 50,164
150,000   130,172 19,828
1     1
46,514     46,514
16     16
97     97
    43,349 -43,349
31,644     31,644
5,617     5,617
265,801     265,801
250,584     250,584
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       33,424
b       47,428
c       10,542
d       -4,489
e       -5,822
      -21,160
      -53
      -8,651
      50,164
      19,828
      1
      46,514
      16
      97
      -43,349
      31,644
      5,617
      265,801
      250,584
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 2 678,136
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 1,300,895 35,631,507 0.036510
2012 1,053,819 27,982,514 0.037660
2011 1,013,001 25,471,931 0.039769
2010 993,196 23,937,700 0.041491
2009 1,322,059 21,531,518 0.061401
2 Total of line 1, column (d) ...................... 2 0.216831
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 0.043366
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 38,702,971
5 Multiply line 4 by line 3....................... 5 1,678,393
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 9,921
7 Add lines 5 and 6......................... 7 1,688,314
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,402,448
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 19,843
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 19,843
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 19,843
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 22,298
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 55,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 77,298
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 57,455
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet57,455 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bullet
    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 .Click to see attachment
    8b
     
    No
    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 addressbulletN/A
    14
    The books are in care ofbulletDAVID L BUCHMAN WELLS FARGO BANK NA Telephone no.bullet (801) 246-1436
    Located atbullet299 SOUTH MAIN 5TH FLOORSALT LAKE CITYUT ZIP+4bullet84111
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    WELLS FARGO BANK NA TRUST TAX DEPT TRUSTEE
    4.00     		65,011 0 0
    299 SOUTH MAIN 5TH FLOOR
    SALT LAKE CITY,UT84111
    SPENCER F ECCLES COMMITTEE MEMBER
    1.00     		6,000 0 0
    299 SOUTH MAIN 5TH FLOOR
    SALT LAKE CITY,UT84111
    ELMER D TUCKER COMMITTEE MEMBER
    1.00     		57,246 0 0
    299 SOUTH MAIN 5TH FLOOR
    SALT LAKE CITY,UT84111
    C HOPE ECCLES COMMITTEE MEMBER
    1.00     		6,000 0 0
    299 SOUTH MAIN 5TH FLOOR
    SALT LAKE CITY,UT84111
    JAMES MARRINER STEELE COMMITTEE MEMBER
    1.00     		6,000 0 0
    299 SOUTH MAIN 5TH FLOOR
    SALT LAKE CITY,UT84111
    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
    38,679,337
    b
    Average of monthly cash balances.......................
    1b
    613,019
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    39,292,356
    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
    39,292,356
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    589,385
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    38,702,971
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,935,149
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,935,149
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    19,843
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
    2,667
    c
    Add lines 2a and 2b............................
    2c
    22,510
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,912,639
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,912,639
    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
    1,912,639
    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
    1,402,448
    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
    1,402,448
    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
    1,402,448
    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 1,912,639
    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....... 104,084
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e......... 104,084
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 1,402,448
    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..... 1,402,448
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014. 104,084 104,084
    (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 0
    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 ..........     		406,107
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ADOPT A NATIVE ELDER PROGRAM
    PO BOX 3401
    PARK CITY,UT84115     		NONE PC GENERAL SUPPORT GRANT 5,000
    ALF ENGEN SKI MUSEUM FOUNDATION
    PO BOX 980187
    PARK CITY,UT84604     		NONE PC GENERAL SUPPORT GRANT 10,000
    ALLIANCE HOUSE
    1724 SOUTH MAIN STREET
    SALT LAKE CITY,UT84106     		NONE PC GENERAL SUPPORT GRANT 10,000
    AMERICAN CANCER SOCIETY UTAH
    941 EAST 3300 SOUTH 100
    SALT LAKE CITY,UT84106     		NONE PC HOPE LODGE 25,000
    AMERICAN INDIAN SERVICES
    1902 NORTH CANYON ROAD SUITE 100
    PROVO,UT84102     		NONE PC GENERAL SUPPORT GRANT 15,000
    AMERICAN RED CROSS
    555 EAST 300 SOUTH SUITE 200
    SALT LAKE CITY,UT84109     		NONE PC GENERAL SUPPORT GRANT 10,000
    ANDREW S ROWAN READING ROOM
    4894 SOUTH STATE STREET
    SALT LAKE CITY,UT84107     		NONE PC GENERAL SUPPORT GRANT 5,000
    ARTHRITIS FOUNDATION GREAT WEST
    448 EAST 400 SOUTH SUITE 103
    SALT LAKE CITY,UT84101     		NONE PC GENERAL SUPPORT GRANT 10,000
    ASSISTANCE LEAGUE OF SALT LAKE CITY
    2060 EAST 330 SOUTH
    SALT LAKE CITY,UT84107     		NONE PC GENERAL SUPPORT GRANT 9,000
    BALLET WEST
    50 WEST 200 SOUTH
    SALT LAKE CITY,UT84157     		NONE PC GENERAL SUPPORT GRANT 35,000
    BIG BROTHERS-BIG SISTERS OF UTAH
    151 EAST 5600 SOUTH SUITE 200
    SALT LAKE CITY,UT84102     		NONE PC GENERAL SUPPORT GRANT 7,000
    BOYS & GIRLS CLUB OF GREATER SALT LAKE
    669 SOUTH 200 EAST SUITE 100
    SALT LAKE CITY,UT84111     		NONE PC GENERAL SUPPORT GRANT 30,000
    BOYS AND GIRLS CLUB OF SOUTH VALLEY
    PO BOX 57071
    MURRAY,UT84627     		NONE PC GENERAL SUPPORT GRANT 10,000
    BRIDGERLAND COMMUNITY ICE ARENA AKA GEORGE S ECCLES ICE CENTER
    2825 NORTH 200 EAST
    NORTH LOGAN,UT84335     		NONE PC GENERAL SUPPORT GRANT 10,000
    GEORGE S ECCLES ICE CENTER
    2825 N 200 E
    NORTH LOGAN,UT84341     		NONE PC GENERAL SUPPORT GRANT 10,000
    CATHOLIC COMMUNITY SERVICES OF UTAH
    745 EAST 300 SOUTH
    SALT LAKE CITY,UT84701     		NONE PC GENERAL SUPPORT GRANT 7,000
    CENTRAL UTAH ART CENTER (CUAC)
    175 EAST 200 SOUTH
    SALT LAKE CITY,UT84111     		NONE PC GENERAL SUPPORT GRANT 2,000
    CENTRAL UTAH FOOD SHARING
    PO BOX 324
    RICHFIELD,UT84701     		NONE PC GENERAL SUPPORT GRANT 10,000
    WEST RIDGE ACADEMY
    5500 BAGLEY PARK ROAD
    WEST JORDAN,UT84081     		NONE PC CHILDREN AND YOUTH SERVICES 5,000
    CHILDREN'S SERVICE SOCIETY OF UTAH
    124 SOUTH 400 EAST SUITE 400
    SALT LAKE CITY,UT84111     		NONE PC GENERAL SUPPORT GRANT 3,000
    COMMON GROUND OUTDOOR ADVENTURES
    335 NORTH 100 EAST
    LOGAN,UT84321     		NONE PC GENERAL SUPPORT GRANT 5,000
    COMMUNITY NURSING SERVICES
    383 VINE STREET SUITE 300
    MURRAY,UT84213     		NONE PC GENERAL SUPPORT GRANT 13,000
    COUNCIL OF THE BLIND
    1301 WEST 500 SOUTH
    WOODS CROSS,UT84087     		NONE PC GENERAL SUPPORT GRANT 12,000
    CROSSROADS URBAN CENTER
    347 SOUTH 400 EAST
    SALT LAKE CITY,UT84111     		NONE PC GENERAL SUPPORT GRANT 6,000
    DISCOVERY GATEWAY FNA CHILDREN'S MUSEUM OF UTAH
    444 WEST 100 SOUTH
    SALT LAKE CITY,UT84101     		NONE PC GENERAL SUPPORT GRANT 8,000
    ENGLISH LANGUAGE CENTER OF CACHE VALLEY
    1544 NORTH 200 WEST
    LOGAN,UT84341     		NONE PC GENERAL SUPPORT GRANT 5,000
    ENVISION UTAH
    254 SOUTH 600 EAST
    SALT LAKE CITY,UT84102     		NONE PC GENERAL SUPPORT GRANT 20,000
    FAMILY CONNECTION CENTER
    1360 EAST 1450 SOUTH
    CLEARFIED,UT84015     		NONE PC GENERAL SUPPORT GRANT 3,000
    FAMILY SUPPORT CENTER
    102 NORTH 200 EAST
    CEDAR CITY,UT84720     		NONE PC GENERAL SUPPORT GRANT 3,000
    FAMILY SUPPORT CENTER
    102 NORTH 200 EAST
    CEDAR CITY,UT84720     		NONE PC GENERAL SUPPORT GRANT 3,000
    FAMILY SUPPORT CENTER
    102 NORTH 200 EAST
    CEDAR CITY,UT84720     		NONE PC GENERAL SUPPORT GRANT 3,000
    FOUR CORNERS SCHOOL
    PO BOX 1029
    MONTICELLO,UT84535     		NONE PC OUTDOOR EDUCATION 5,000
    FRIENDS FOR SIGHTPREVENT BLINDNESS
    661 SOUTH 200 EAST
    SALT LAKE CITY,UT84111     		NONE PC GENERAL SUPPORT GRANT 15,000
    GIRL SCOUTS OF UTAH
    445 E 45000 SUITE 125
    SALT LAKE CITY,UT84107     		NONE PC GENERAL SUPPORT GRANT 5,000
    GUADALUPE CENTER EDUCATIONAL PROGRAM
    340 SOUTH 1040 WEST
    SALT LAKE CITY,UT84104     		NONE PC GENERAL SUPPORT GRANT 35,000
    HEART & SOUL
    PO BOX 415142
    SALT LAKE CITY,UT84152     		NONE PC GENERAL SUPPORT GRANT 5,000
    HOUSE OF HOPE
    857 EAST 200 SOUTH
    SALT LAKE CITY,UT84102     		NONE PC GENERAL SUPPORT GRANT 3,000
    INTERMOUNTAIN HEALTHCARE
    1424 EAST FOREMASTER DRIVE
    ST GEORGE,UT84790     		NONE PC GENERAL SUPPORT GRANT 25,000
    JEWISH FAMILY SERVICES
    1111 EAST BRICKYARD ROAD SUITE 109
    SALT LAKE CITY,UT84106     		NONE PC GENERAL SUPPORT GRANT 5,000
    JUNIOR ACHIEVEMENT UTAH INC
    525 EAST 300 SOUTH
    SALT LAKE CITY,UT84102     		NONE PC GENERAL SUPPORT GRANT 24,000
    JUNIOR LEAGUE OF SALT LAKE CITY
    526 EAST 300 SOUTH
    SALT LAKE CITY,UT84102     		NONE PC GENERAL SUPPORT GRANT 2,000
    KOSTOPULOUS DREAM FOUNDATION
    4180 EMIGRATION CANYON ROAD
    SALT LAKE CITY,UT84108     		NONE PC GENERAL SUPPORT GRANT 10,000
    LEGAL AID SOCIETY OF SALT LAKE
    205 NORTH 400 WEST
    SALT LAKE CITY,UT84103     		NONE PC GENERAL SUPPORT GRANT 10,000
    MOAB MUSIC FESTIVAL
    58 EAST 300 SOUTH
    MOAB,UT84532     		NONE PC GENERAL SUPPORT GRANT 2,000
    MARRINER S ECCLES MEMORIAL COMMISSION
    1599 BIG VAR WAY
    RIVERTON,UT84065     		NONE PC GENERAL SUPPORT GRANT 50,000
    NEIGHBORHOOD HOUSE ASSOCIATION
    1050 WEST 500 SOUTH
    SALT LAKE CITY,UT84104     		NONE PC GENERAL SUPPORT GRANT 15,000
    NEW HORIZONS CRISIS CENTER
    145 EAST 100 NORTH
    RICHFIELD,UT84701     		NONE PC GENERAL SUPPORT GRANT 5,000
    NOVA CHAMBER MUSIC SERIES
    PO BOX 520962
    SALT LAKE CITY,UT84152     		NONE PC GENERAL SUPPORT GRANT 3,000
    ODYSSEY HOUSE
    607 EAST 200 SOUTH
    SALT LAKE CITY,UT84102     		NONE PC GENERAL SUPPORT GRANT 7,000
    OGDEN SYMPHONY BALLET ASSOCIATION
    639 26TH STREET
    OGDEN,UT84401     		NONE PC GENERAL SUPPORT GRANT 5,000
    OGDEN-WEBER APPLIED TECHNOLOGY
    200 NORTH WASHINGTON BLVD
    OGDEN,UT84404     		NONE PC GENERAL SUPPORT GRANT 15,000
    PEOPLE HELPING PEOPLE
    205 NORTH 400 WEST
    SALT LAKE CITY,UT84103     		NONE PC GENERAL SUPPORT GRANT 3,000
    PEOPLE'S HEALTH CLINIC
    PO BOX 681558
    PARK CITY,UT84068     		NONE PC GENERAL SUPPORT GRANT 2,000
    PLANNED PARENTHOOD ASSOCIATION
    654 SOUTH 900 EAST
    SALT LAKE CITY,UT84102     		NONE PC GROWING UP PROGRAM 7,500
    PLANNED PARENTHOOD ASSOCIATION
    654 SOUTH 900 EAST
    SALT LAKE CITY,UT84102     		NONE PC OUTREACH PROGRAM 23,000
    PREVENT CHILD ABUSE UTAH
    2955 HARRISON BLVD SUITE 104
    OGDEN,UT84403     		NONE PC GENERAL SUPPORT GRANT 4,000
    REPERTORY DANCE THEATRE
    PO BOX 510427
    SALT LAKE CITY,UT84151     		NONE PC GENERAL SUPPORT GRANT 3,500
    RIRIE-WOODBURY DANCE FOUNDATION
    138 WEST BROADWAY
    SALT LAKE CITY,UT84101     		NONE PC GENERAL SUPPORT GRANT 3,500
    RONALD MCDONALD HOUSE
    1135 EAST SOUTH TEMPLE
    SALT LAKE CITY,UT84101     		NONE PC GENERAL SUPPORT GRANT 10,000
    SALT LAKE ACTING COMPANY
    168 WEST 500 NORTH
    SALT LAKE CITY,UT84105     		NONE PC GENERAL SUPPORT GRANT 8,000
    SALT LAKE DONATED DENTAL SERVICES
    1383 SOUTH 900 WEST SUITE 128
    SALT LAKE CITY,UT84104     		NONE PC GENERAL SUPPORT GRANT 7,000
    SALT LAKE SYMPHONY
    220 EAST MORRIS AVENUE
    SALT LAKE CITY,UT84115     		NONE PC GENERAL SUPPORT GRANT 4,000
    SHARING PLACE
    1695 EAST 3300 SOUTH
    SALT LAKE CITY,UT84106     		NONE PC GENERAL SUPPORT GRANT 15,000
    SOUTHERN UTAH UNIVERSITY
    351 WEST CENTER STREET
    CEDAR CITY,UT84720     		NONE PC GENERAL SUPPORT GRANT 8,000
    SPECIAL OLYMPICS UTAH
    243 EAST 400 SOUTH SUITE 111
    SALT LAKE CITY,UT84126     		NONE PC GENERAL SUPPORT GRANT 4,000
    SPLORE
    774 EAST 3300 SOUTH SUITE 105
    SALT LAKE CITY,UT84105     		NONE PC GENERAL SUPPORT GRANT 5,000
    ST ANNE'S CENTER INC
    137 W BINFORD AVE
    OGDEN,UT84401     		NONE PC LANTERN HOUSE 10,000
    THE HELPING HAND ASSOCIATION
    974 EAST SOUTH TEMPLE
    SALT LAKE CITY,UT84102     		NONE PC GENERAL SUPPORT GRANT 8,000
    THE ROAD HOME
    210 SOUTH RIO GRANDE STREET
    SALT LAKE CITY,UT84101     		NONE PC GENERAL SUPPORT GRANT 20,000
    TREEHOUSE CHILDREN'S MUSEUM
    347 22ND STREET
    OGDEN,UT84401     		NONE PC GENERAL SUPPORT GRANT 11,000
    UNIVERSITY OF UTAH
    540 ARAPEEN DRIVE
    SALT LAKE CITY,UT84108     		NONE PC GENERAL SUPPORT GRANT 181,500
    UNIVERSITY OF UTAH
    540 ARAPEEN DRIVE
    SALT LAKE CITY,UT84108     		NONE PC HEALTH SERVICES 70,000
    UTAH AIDS FOUNDATION
    1408 SOUTH 1100 EAST
    SALT LAKE CITY,UT84105     		NONE PC GENERAL SUPPORT GRANT 5,000
    UTAH ARTS FESTIVAL FOUNDATIONS INC
    230 SOUTH 500 WEST120
    SALT LAKE CITY,UT84101     		NONE PC GENERAL SUPPORT GRANT 4,000
    UTAH FILM CENTER
    122 S MAIN STREET
    SALT LAKE CITY,UT84101     		NONE PC GENERAL SUPPORT GRANT 3,500
    UTAH FOOD BANK
    3150 SOUTH 900 WEST
    SALT LAKE CITY,UT84119     		NONE PC GENERAL SUPPORT GRANT 11,000
    UTAH HISPANIC DANCE ALLIANCE
    2996 DANISH RIDGE WAY
    COTTONWOOD HEIGHTS,UT84090     		NONE PC GENERAL SUPPORT GRANT 2,000
    UTAH HUMANITIES COUNCIL
    202 WEST 300 NORTH
    SALT LAKE CITY,UT84103     		NONE PC GENERAL SUPPORT GRANT 5,000
    UTAH LAW RELATED EDUCATION
    645 SOUTH 200 EAST SUITE 101
    SALT LAKE CITY,UT84111     		NONE PC GENERAL SUPPORT GRANT 5,000
    UTAH LEGAL SERVICES
    205 NORTH 400 WEST
    SALT LAKE CITY,UT84103     		NONE PC GENERAL SUPPORT GRANT 5,000
    UTAH MUSEUM OF CONTEMPORARY ART (UMOCA)
    20 SOUTH WEST TEMPLE
    SALT LAKE CITY,UT84101     		NONE PC GENERAL SUPPORT GRANT 5,000
    UTAH SHAKESPEAREAN FESTIVAL
    351 WEST CENTER STREET
    CEDAR CITY,UT84720     		NONE PC GENERAL SUPPORT GRANT 15,000
    UTAH STATE UNIVERSITY
    1420 OLD MAIN HILL
    LOGAN,UT84321     		NONE PC GENERAL SUPPORT GRANT 61,500
    UTAH SYMPHONY & OPERA
    123 WEST SOUTH TEMPLE
    SALT LAKE CITY,UT84101     		NONE PC GENERAL SUPPORT GRANT 75,000
    UTAH YOUTH VILLAGE
    5800 SOUTH HIGHLAND DIVE
    SALT LAKE CITY,UT84121     		NONE PC GENERAL SUPPORT GRANT 5,000
    VOLUNTEERS OF AMERICA UTAH
    435 W BEARCAT DRIVE
    SALT LAKE CITY,UT84115     		NONE PC OUTREACH PROGRAM 7,000
    VOLUNTEERS OF AMERICA UTAH
    435 W BEARCAT DRIVE
    SALT LAKE CITY,UT84115     		NONE PC HOMELESS SUPPORT 7,000
    VOLUNTEERS OF AMERICA UTAH
    435 W BEARCAT DRIVE
    SALT LAKE CITY,UT84115     		NONE PC GENERAL SUPPORT GRANT 5,000
    WASATCH COMMUNITY GARDENS
    824 SOUTH 400 WEST SUITE 127
    SALT LAKE CITY,UT84115     		NONE PC GENERAL SUPPORT GRANT 5,000
    FOURTH STREET CLINIC
    409 WEST 400 SOUTH
    SALT LAKE CITY,UT84101     		NONE PC GENERAL SUPPORT GRANT 40,000
    WEBER STATE UNIVERSITY
    4018 UNIVERSITY CIRCLE
    OGDEN,UT84408     		NONE PC GENERAL SUPPORT GRANT 10,000
    WESTMINSTER COLLEGE
    1840 SOUTH 1300 EAST
    SALT LAKE CITY,UT84105     		NONE PC GENERAL SUPPORT GRANT 20,000
    YCC YOUR COMMUNITY CONNECTION
    2261 ADAMS AVE
    OGDEN,UT84401     		NONE PC GENERAL SUPPORT GRANT 10,000
    YOUNG MEN'S CHRISTIAN ASSOCIATION
    3098 HIGHLAND DRIVE SUITE 440
    SALT LAKE CITY,UT84106     		NONE PC GENERAL SUPPORT GRANT 5,000
    YOUNG WOMEN'S CHRISTIAN ASSOCIATION
    322 EAST 300 SOUTH
    SALT LAKE CITY,UT84111     		NONE PC GENERAL SUPPORT GRANT 20,000
    Total .................................bullet 3a 1,294,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 57  
    4 Dividends and interest from securities....     14 716,338  
    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 .............     		    18 678,136  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aPASSTHROUGH UNRELATED BUSINESS INCOME 523000 47,204      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 47,204 1,394,531 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,441,735
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 ExplnOfNonFilingWithAGStmt
    Name:
    MARRINER S ECCLES FOUNDATION
    C/O DAVID L BUCHMAN WELLS FARGO BANK
    EIN: 23-7185855
    Statement:
    THE STATE OF UTAH DOES NOT REQUIRE A COPY OF FORM 990-PF TO BE FILED WITH THEIR OFFICE

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    MARRINER S ECCLES FOUNDATION
    C/O DAVID L BUCHMAN WELLS FARGO BANK
    EIN: 23-7185855
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ADOBE SYS INC. 75,224 158,232
    ALLSTATE CORP 97,265 112,449
    AMAZON COM INC. 27,528 137,677
    ANADARKO PETROLEUM CORP 76,071 107,653
    APPLE INC. 180,726 330,984
    AT&T INC. 81,105 90,767
    BB&T CORP COM 135,497 144,653
    BANK OF AMERICA CORP 268,613 98,650
    BERKSHIRE HATHAWAY INC. 94,707 160,195
    BIOGEN INC. 87,254 126,672
    BOEING CO 84,124 139,574
    BRISTOL MYERS SQUIBB CO. 72,307 168,345
    CATERPILLAR INC. 90,137 104,039
    CERNER CORP COM 66,368 178,022
    CHEVRON CORP 57,562 68,237
    CINTAS CORP 37,574 105,303
    CISCO SYSTEMS INC. 101,249 102,393
    CITI GROUP INC. 129,356 174,704
    COCA COLA CO. 58,974 79,073
    CONOCOPHILLIPS 90,149 87,164
    COSTCO WHOLESALES CORP 63,576 127,256
    DANAHER CORP 56,098 102,729
    DEERE & CO. 83,577 94,705
    DUPONT E I DE NEMOURS & CO 91,630 132,934
    DUKE ENERGY HOLDING CORP. COM 73,293 85,226
    EBAY INC. 52,957 96,326
    EXXON MOBIL CORPORATION 94,656 126,650
    FEDEX CORPORATION 60,408 124,088
    FREEPORT-MCMORAN COOPER & GOLD INC. 105,004 52,302
    GENERAL ELECTRIC CO. 1,381,059 5,812,983
    GENERAL MOTORS CO. 104,973 119,288
    GILEAD SCIENCES INC. 109,660 180,559
    GOLDMAN SACHS GROUP INC. 84,139 105,263
    GOOGLE INC. 146,665 197,280
    HALLIBURTON CO. 103,007 97,852
    HOME DEPOT INC. 60,815 211,315
    INTEL CORP 77,289 113,823
    INTERNATIONAL BUSINESS MACHS CORP 76,083 104,325
    JOHNSON & JOHNSON 84,241 130,780
    JP MORGAN CHASE & COL 113,384 158,114
    LENNAR CORPORATIONS CLASS A COMMON 60,429 149,213
    MARKET VECTORS SEMICONDUCTOR ETF 108,428 248,850
    MCDONALDS CORP 41,840 90,619
    MERCK & CO. INC. NEW 94,116 95,992
    MICROSOFT CORP 96,954 139,447
    MONDELEZ INTERNATIONAL INC. 70,633 107,909
    MONSANTO CO. NEW 60,183 94,534
    MORGAN STANLEY 83,671 118,848
    NORDSTROM INC. 98,920 110,842
    OCCIDENTAL PETE CORP 49,738 54,750
    ORACLE CORPORATION 49,617 112,622
    PFIZER INC. 84,023 114,946
    PHILLIPS 66 67,462 135,192
    PNC FINANCIAL SERVICES GROUP 118,117 159,440
    PROCTER & GAMBLE CO 102,523 122,091
    QUALCOMM INC. 85,981 115,798
    SALESFORCE COM INC. 125,141 143,642
    T ROWE PRICE GROUP INC. 56,775 77,741
    UNION PACIFIC CORP 38,987 177,628
    UNITED CONTINENTAL HOLDINGS, INC. 46,732 134,164
    UNITED TECHNOLOGIES CORP 70,577 130,092
    UNITED HEALTH GROUP, INC. 61,421 197,544
    US BANCORP DEL NEW 175,750 219,660
    VERIZON COMMUNICATIONS 56,035 81,212
    WAL MART STORES, INC. 65,444 122,553
    WALGREENS CO. 64,645 149,884
    WALT DISNEY CO 57,350 175,166
    ZOETIS INC. 87,242 143,175
    ACCENTURE PLC 55,150 121,797
    ACTAVIS PLC 133,920 276,787
    POTASH CORP SASK 59,222 190,711
    ROYAL CARIBBEAN CRUISE 106,701 92,618
    SCHLUMBERGER LTD 94,223 152,937
    WELLS FARGO & CO. 374,551 5,440,000

    TY 2014 InvestmentsOtherSchedule2
    Name:
    MARRINER S ECCLES FOUNDATION
    C/O DAVID L BUCHMAN WELLS FARGO BANK
    EIN: 23-7185855
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AMERICAN EURO PACIFIC GROWTH FUND AT COST 1,217,784 1,405,181
    SPDR SERIES TRUST AT COST 59,004 158,498
    WELLS FARGO ADVANTAGE DISCOVERY FUND AT COST 1,589,072 2,250,977
    WELLS FARGO ADVANTAGE EMERGING MARKET EQUITY FUND CLASS INS AT COST 945,570 867,768
    WELLS FARGO ADVANTAGE INTRINSIC SMALL CAP VALUE FUND - CLASS I AT COST 1,881,852 2,222,637
    CARLYLE GLOBAL FINANCIAL SERVICES PARTNERS, L.P. AT COST 1,025,610 882,869
    KEYSTONE PRIVATE EQUITY II, L.P. AT COST 2,105,569 2,192,516
    PEER VENTURES GROUP III, L.P. AT COST 1,055,130 5,114,559
    PELION VENTURES V, L.P. AT COST 1,008,791 1,022,544
    UTAH VENTURES IV, L.P. AT COST 1,346,828 1,762,261

    TY 2014 OtherDecreasesSchedule
    Name:
    MARRINER S ECCLES FOUNDATION
    C/O DAVID L BUCHMAN WELLS FARGO BANK
    EIN: 23-7185855
    Description Amount
       


    TY 2014 OtherExpensesSchedule
    Name:
    MARRINER S ECCLES FOUNDATION
    C/O DAVID L BUCHMAN WELLS FARGO BANK
    EIN: 23-7185855
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER DEDUCTIONS FROM PASSTHROUGH 343,202 343,202   0
    NON DEDUCTIBLE EXPENSES FROM PASSTHROUGH 375 0   0
    BANK FEES 85 85   0
    REISSUED 2012 CONTRIBUTION CHECKS 10,000 0   0


    TY 2014 OtherIncomeSchedule2
    Name:
    MARRINER S ECCLES FOUNDATION
    C/O DAVID L BUCHMAN WELLS FARGO BANK
    EIN: 23-7185855
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PASSTHROUGH UNRELATED BUSINESS INCOME 47,204   47,204


    TY 2014 OtherIncreasesSchedule
    Name:
    MARRINER S ECCLES FOUNDATION
    C/O DAVID L BUCHMAN WELLS FARGO BANK
    EIN: 23-7185855
    Description Amount
       
       


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    MARRINER S ECCLES FOUNDATION
    C/O DAVID L BUCHMAN WELLS FARGO BANK
    EIN: 23-7185855
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MICRO EDGE FEES 9,162 9,162   0


    TY 2014 TaxesSchedule
    Name:
    MARRINER S ECCLES FOUNDATION
    C/O DAVID L BUCHMAN WELLS FARGO BANK
    EIN: 23-7185855
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 61,967 0   0
    FOREIGN TAX 1,195 1,195   0