Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
The Baldridge Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)4925 Greenville
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Dallas, TX75206
A Employer identification number

20-1806185
B Telephone number (see instructions)

(214) 891-2525
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$550,007J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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 350 350 350
4 Dividends and interest from securities... 12,571 12,571 12,571
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 13,602
b Gross sales price for all assets on line 6a 321,421
7 Capital gain net income (from Part IV, line 2)... 13,602
8 Net short-term capital gain......... 755
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 26,523 26,523 13,676
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,490 1,745   1,745
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 925      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,415 1,745   1,745
25 Contributions, gifts, grants paid....... 269,252 269,252
26 Total expenses and disbursements. Add lines 24 and 25 273,667 1,745   270,997
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -247,144
b Net investment income (if negative, enter -0-) 24,778
c Adjusted net income (if negative, enter -0-)... 13,676
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments.........      
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)..... 1,080 Click to see attachment1,391 1,391
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)....... 411,423 Click to see attachment241,075 318,236
c Investments—corporate bonds (attach schedule)....... 140,000    
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 209,407 Click to see attachment272,800 230,380
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment5    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 761,915 515,266 550,007
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 1,500 Click to see attachment1,990
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)   Click to see attachment5
23 Total liabilities (add lines 17 through 22)......... 1,500 1,995
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........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 760,415 513,271
30 Total net assets or fund balances (see instructions)..... 760,415 513,271
31 Total liabilities and net assets/fund balances (see instructions). 761,915 515,266
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
760,415
2
Enter amount from Part I, line 27a .....................
2
-247,144
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
513,271
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
513,271
Form 990-PF (2015)
Form 990-PF (2015)
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 ABB Limited P 2011-12-27 2015-11-19
b Exelon Corp P 2010-07-09 2015-01-06
c Exelon Corp P 2011-03-14 2015-01-06
d Pepsico P 2009-08-26 2015-03-25
e Call - Johnson & Johnson P 2015-03-25 2015-07-17
Discover Bank P 2014-04-16 2015-04-24
(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 46,523   47,286 -763
b 36,237   40,854 -4,617
c 36,237   41,779 -5,542
d 61,669   37,900 23,769
e 755     755
140,000   140,000  
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       -763
b       -4,617
c       -5,542
d       23,769
e       755
       
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 13,602
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 3 755
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))
2014 489,355 1,025,868 0.47702
2013 395,370 1,365,862 0.28947
2012 310,057 1,587,284 0.19534
2011 300,119 1,742,416 0.17224
2010 353,746 1,306,340 0.27079
2
Total of line 1, column (d) .....................
21.404855
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
0.280971
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
688,986
5
Multiply line 4 by line 3......................
5
193,585
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
248
7
Add lines 5 and 6........................
7
193,833
8
Enter qualifying distributions from Part XII, line 4.............
8
270,997
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 (2015)
Form 990-PF (2015)
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 Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 248
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 248
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 248
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 796
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.............. 7 796
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 10 548
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet548 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
No
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 ofbulletJerald T Baldridge Telephone no.bullet (214) 369-4800

    Located atbullet4925 Greenville 1050DallasTX ZIP+4bullet75206
    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 2015, 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  
    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 2015?.............
    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 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 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 2015.)..................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    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
    Jerald T Baldridge P/T/Director
    1.00     		0    
    4925 Greenville 1050
    Dallas,TX75206
    Emily Z Baldridge VP/S/Dire
    1.00     		0    
    4925 Greenville 1050
    Dallas,TX75206
    Jeffrey Turner Baldridge Director
    0.00     		0    
    4925 Greenville 1050
    Dallas,TX75206
    Kimberly Baldridge Solomon Director
    0.00     		0    
    4925 Greenville 1050
    Dallas,TX75206
    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  
    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.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    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
    699,478
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    699,478
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    699,478
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    10,492
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    688,986
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    34,449
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    34,449
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    248
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    248
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    34,201
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    34,201
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    34,201
    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
    270,997
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    270,997
    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
    248
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    270,749
    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 (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 34,201
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 289,223
    b From 2011...... 213,870
    c From 2012...... 231,689
    d From 2013...... 328,099
    e From 2014...... 439,652
    fTotal of lines 3a through e........ 1,502,533
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 270,997
    a Applied to 2014, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2015 distributable amount..... 34,201
    e Remaining amount distributed out of corpus 236,796
    5 Excess distributions carryover applied to 2015.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,739,329
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		289,223
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		1,450,106
    10 Analysis of line 9:
    a Excess from 2011.... 213,870
    b Excess from 2012.... 231,689
    c Excess from 2013.... 328,099
    d Excess from 2014.... 439,652
    e Excess from 2015.... 236,796
    Form 990-PF (2015)
    Form 990-PF (2015)
    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 2015, 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) 2015 (b) 2014 (c) 2013 (d) 2012
             
    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).)
    Jerald T Baldridge
    Emily Z Baldridge
    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 (2015)
    Form 990-PF (2015)
    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
    Dallas Institute
    2719 Routh Street
    Dallas,TX75201     		  PC Cowen Center for Education - providing funding for teacher participation in the 2015 Sue Rose Summer Institute for Teachers and Education Forum 2,500
    Connecticut College
    270 Mohegan Ave
    New London,CT06320     		  PC Unrestricted cash - provides facilities and resources for enrolled students 3,000
    The Dallas Opera
    2403 Flora Street Ste 500
    Dallas,TX75201     		  PC Promotion of performing arts 4,901
    Barbara Bush Found for Family Liter
    516 North Adams St
    Tallahassee,FL32301     		  PC Family literacy and early childhood education 14,200
    Leland Stanford Junior University
    326 Galvez St
    Stanford,CA94305     		  PC Graduate School of Business - funding for improved education technology, new degree programs, financial aid, faculty research and alumni services. 10,000
    Georgia O'Keefe Museum
    217 Johnson Street
    Santa Fe,NM87501     		  PC Art and historical conservation and education 4,508
    Dallas Afterschool
    2902 Swiss Avenue
    Dallas,TX75204     		Shareholder is a Director PC Unrestricted Cash - increase training in order to advance the quality of after school and summer programs throughout the Community 25,000
    Dallas Children's Advocacy Center
    3611 Swiss Avenue
    Dallas,TX75204     		  PC General Operations 3,000
    George W Bush Presidential Center
    2943 SMU Boulevard
    Dallas,TX75205     		  PC Unrestricted cash - to advance freedom and develop leaders worldwide 10,000
    Friends of the Katy Trail
    3523 McKinney Avenue PMB 441
    Dallas,TX75204     		NONE PC General Operations - trail upkeep and improvements 1,000
    U T Southwest
    5323 Harry Hines
    Dallas,TX75390     		Officer sits on the Board PC Distinguished Early Career Research Award 1,000
    Perot Museum of Nature and Science
    2201 N Field St
    Dallas,TX75202     		  PC Education in science and nature 2,500
    M D Anderson Cancer Center
    P O Box 301439
    Houston,TX77230     		  PC Cancer Research 1,000
    The Dallas Foundation
    3963 Maple Avenue Ste 390
    Dallas,TX75219     		  PC Women's Philanthropy Institute Fund 1,000
    The Family Place
    P O Box 7999
    Dallas,TX75209     		  PC Shelter for victims of family violence 5,500
    Children's Medical Center Foundatio
    2777 Stemmons Freeway Suite 700
    Dallas,TX75207     		None PC Children's Research Institute 5,000
    International Folk Art Alliance
    404 Kiva Court
    Santa Fe,NM87505     		  PC Advancement of communities in third world countries 500
    Lumin Education
    924 Wayne St
    Dallas,TX75223     		  PC Purchase of property for Bachman Lake Campus - student and parent education facility 50,000
    Interfaith Housing Coalition
    5600 Ross Avenue
    Dallas,TX75206     		  PC Assistance for the poor 10,000
    Nat'l Ctr for MissingExploited Chil
    8668 Spicewood Springs Rd Ste 200
    Austin,TX78720     		None PC General Operations 7,000
    Trinity River Mission
    2060 Singleton Blvd Ste 104
    Dallas,TX75212     		  PC Childhood education 3,000
    Dallas CASA
    2757 Swiss Avenue
    Dallas,TX75204     		  PC Recruit and train volunteers to advocate for abused or neglected children in protective care in Dallas County 5,000
    Education First Steps
    2815 Gaston Avenue
    Dallas,TX75226     		None PC Step Up Expansion Campaign - providing an early social-emotional and academic foundation for impoverished children 5,000
    National Library Galleries of Scotl
    275 Madison Avenue Ste 401
    New York,NY10016     		None PC Celebrating Scotland's Art: The Scottish National Gallery Project 5,000
    First Serve New Mexico
    P O Box 31904
    Santa Fe,NM87594     		  PC After school programs 1,000
    Communities Foundation of Texas
    5500 Caruth Haven Lane
    Dallas,TX75225     		  PC Foundation for Brain Health Advances - 10,000
    UT Southwestern Medical Center
    5323 Harry Hines Boulevard
    Dallas,TX75390     		Officer sits on the Board PC Center for Human Nutrition 1,000
    UT Southwestern Medical Center
    5323 Harry Hines Boulevard
    Dallas,TX75390     		Officer sits on the Board PC Southwestern Medical Foundation - education, clinical care and research 5,000
    Girls Incorporated of Santa Fe
    301 Hillside Avenue
    Santa Fe,NM87501     		  PC General Operations 10,000
    UT Southwestern Medical Center
    5323 Harry Hines Boulevard
    Dallas,TX75390     		Officer sits on the Board PC Zale Lipshy University Hospital 1,000
    Junior League of Dallas
    P O Box 9089
    Dallas,TX75209     		  PC Community Service Fund - to provide volunteers and support for various agencies in the community 1,000
    Central Park Conservancy
    14 East 60th St
    New York,NY10022     		  PC Restore and preserve Central Park, New York City 6,000
    The Dallas Foundation
    3963 Maple Avenue Suite 390
    Dallas,TX75219     		  PC Zero to Five Funders' Collaborative 25,000
    First Presbyterian Church of Dallas
    4516 Lovers Lane
    Dallas,TX75225     		  PC The Stewpot Alliance - alleviate hunger and proved basic services for the homeless in Dallas, TX 5,000
    North Texas Food Bank
    4500 S Cockrell Hill Road
    Dallas,TX75236     		  PC Food 4 Kids - providing nutritious food for needy children 1,000
    Vogel Alcove
    P O Box 150948
    Dallas,TX75315     		  PC Assistance for homeless children by providing a high quality educational environment specifically designed for homeless children 1,000
    Susan G Komen
    5310 Harvest Hill Rd Ste 120
    Dallas,TX75230     		  PC General Operations - cure for Breast Cancer 120
    Judicial Watch
    425 Third St SW Suite 800
    Washington,DC20024     		  PC General Operations - promoting transparency, accountability and integrity in government, politics and law 1,000
    Two East Sixty Second Street Founda
    Two East Sixty Second Street
    New York,NY10065     		  PC Centennial Renewal Project 12,500
    Dallas Parks Foundation
    9540 Garland Rd Ste 381-117
    Dallas,TX75218     		  PC General Operations - to achieve a premier citywide sustainable park system. 523
    Educational Opportunities Inc
    3419 Westminster Ave Ste 218
    Dallas,TX75205     		  PC Unrestricted Cash - to provide academic financial assistance and Mentoring to DISD magnet school graduates lacking the resources needed to attend college 3,000
    Museum of New Mexico Foundation
    P O Box 2065
    Santa Fe,NM87504     		  PC Fund for Museum Education - Education and Outreach programs for museums, historic sites and Archaeological studies 500
    Association for Protection of Child
    2904 Floyd Street Suite A
    Dallas,TX75204     		Officers sits on Board PC Underwrite Annual Fund raiser - create large-scale systemic change in Child Protective Services and a measurable reduction in child abuse and neglect in the state of Texas 5,000
    Total .................................bullet 3a 269,252
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    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 ...........     		    14 350  
    4 Dividends and interest from securities....     14 12,571  
    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 ............     		        13,602
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   12,921 13,602
    13Total. Add line 12, columns (b), (d), and (e)..................
    1326,523
    (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 (2015)
    Form 990-PF (2015)
    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 organizations?
    Yes
    No
    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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID: 15000324
    Software Version: 2015v2.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    The Baldridge Foundation
    EIN:
    20-1806185
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Tax Preparation Fees 3,490 1,745 0 1,745

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    The Baldridge Foundation
    EIN:
    20-1806185
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    1500 sh Washington REIT 47,870 40,590
    1500 Sh Waste Management 45,599 80,055
    650 Sh Pepsico    
    400 Sh Johnson & Johnson 20,841 41,088
    1000 Sh Exelon Corp    
    750 Sh American National Ins, Co 61,211 76,703
    2500 Sh ABB Limited    
    1000 Sh Exelon    
    250 Sh Johnson & Johnson 19,083 25,680
    2000 Sh Washington REIT 46,471 54,120

    TY 2015 InvestmentsOtherSchedule2
    Name:
    The Baldridge Foundation
    EIN:
    20-1806185
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    General Money Market Fund AT COST 179,756 179,756
    1600 Sh Wisdomtree Emerging Mkts Equity AT COST 93,044 50,624

    TY 2015 LoansFromOfficersSchedule
    Name:
    The Baldridge Foundation
    EIN:
    20-1806185
    Software ID:
    15000324
    Software Version:
    2015v2.0

    Item No. 1
    Lender's Name Jerald T Baldridge
    Lender's Title Pres.
    Original Amount of Loan 1500
    Balance Due  
    Date of Note 2014-05
    Maturity Date  
    Repayment Terms On Demand
    Interest Rate  
    Security Provided by Borrower None
    Purpose of Loan Adv. for Accntg Fees and Taxes
    Description of Lender Consideration Cash Advance
    Consideration FMV  

    Item No. 2
    Lender's Name Jerald T Baldridge
    Lender's Title Board Member
    Original Amount of Loan 1990
    Balance Due 1990
    Date of Note 2015-05
    Maturity Date  
    Repayment Terms On Demand
    Interest Rate  
    Security Provided by Borrower  
    Purpose of Loan Advances paid for Accounting F
    Description of Lender Consideration  
    Consideration FMV  


    TY 2015 OtherLiabilitiesSchedule
    Name:
    The Baldridge Foundation
    EIN:
    20-1806185
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Beginning of Year - Book Value End of Year - Book Value
    Rounding   5


    TY 2015 OtherReceivablesOfficersSch
    Name:
    The Baldridge Foundation
    EIN:
    20-1806185
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Travel Advance to Officers:  


    Item No. 1
    Borrower's Name Jerald T Baldridge
    Borrower's Title Board Member
    Original Amount of Loan 1391
    Balance Due 1391
    Date of Note 2015-01
    Maturity Date  
    Repayment Terms On Demand
    Interest Rate  
    Security Provided by Borrower None
    Purpose of Loan FMV of Goods Received
    Description of Lender Consideration  
    Consideration FMV  


    TY 2015 TaxesSchedule
    Name:
    The Baldridge Foundation
    EIN:
    20-1806185
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise Taxes 925