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
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 03-01-2015 , and ending 02-29-2016
Name of foundation
WAYNE C STEWART FOUNDATION UMA WAYNE C
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

91-6574050
B Telephone number (see instructions)

(503) 464-3580
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$6,129,942J 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      
4 Dividends and interest from securities... 138,719 138,585  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 591,163
b Gross sales price for all assets on line 6a 2,665,659
7 Capital gain net income (from Part IV, line 2)... 591,163
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 24,701    
12 Total. Add lines 1 through 11........ 754,583 729,748  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 73,816 66,435   7,382
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 3,000 0 0 3,000
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 15,227 6,123   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 1,596 863   733
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 93,639 73,421 0 11,115
25 Contributions, gifts, grants paid....... 367,000 367,000
26 Total expenses and disbursements. Add lines 24 and 25 460,639 73,421 0 378,115
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 293,944
b Net investment income (if negative, enter -0-) 656,327
c Adjusted net income (if negative, enter -0-)... 0
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......... 222,813 303,484 303,484
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   1,933 0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 5,756,854 Click to see attachment5,287,487 5,160,530
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)..........   Click to see attachment682,674 665,928
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) 5,981,600 6,273,645 6,129,942
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 5,981,600 6,273,645
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 5,981,600 6,273,645
31 Total liabilities and net assets/fund balances (see instructions). 5,981,600 6,273,645
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
5,981,600
2
Enter amount from Part I, line 27a .....................
2
293,944
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
34
4
Add lines 1, 2, and 3 ..........................
4
6,275,578
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,933
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
6,273,645
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 1. SECURITY LITIGATION   1911-11-11 2015-04-15
b .1289 GOOGLE INC CL C   2012-10-21 2015-05-06
c 427. ABBVIE INC   2014-10-03 2015-06-03
d 207. AMERICAN EXPRESS CO   2014-10-03 2015-06-03
e 63. AMGEN INC COMMON STOCK     2015-06-03
12. AMGEN INC COMMON STOCK   2013-02-20 2015-06-03
2. AMGEN INC COMMON STOCK   2013-04-09 2015-06-03
728. APPLIED MATERIALS INC   2014-10-03 2015-06-03
54. ARM HLDGS PLC A D R   2014-10-03 2015-06-03
503. BP AMOCO PLC SPONSORED ADR   2014-10-03 2015-06-03
14. BIOGEN, INC   2012-10-18 2015-06-03
259. BORG WARNER INC   2012-10-18 2015-06-03
91. CARNIVAL PLC A D R   2014-10-03 2015-06-03
68. CELGENE CORPORATION COM   2012-10-18 2015-06-03
300. CERNER CORP COM     2015-06-03
361. CHINA MOBILE HONG KONG LTD SPONSORED ADR   2014-10-03 2015-06-03
291. COMCAST CORP CL A   2014-10-03 2015-06-03
944. COMPANHIA PARANAENSE ENER SP A D R   2014-10-03 2015-06-03
162. CONCHO RES INC   2014-10-03 2015-06-03
9. COSTAR GRP INC COM   2014-10-03 2015-06-03
19. DANAHER CORP   2012-10-18 2015-06-03
2. ECOLAB INC   2012-10-18 2015-06-03
1068. FLY LEASING LTD A D R   2012-10-08 2015-06-03
61. GILEAD SCIENCES INC COM   2012-10-18 2015-06-03
1. HALLIBURTON CO   2014-10-03 2015-06-03
1. HONEYWELL INTERNATIONAL INC COMMON STOCK   2014-10-03 2015-06-03
488. IMS HEALTH HOLDINGS INC   2014-10-03 2015-06-03
116. INDUSTRIAS BACHOCO SAB DE CV A D R   2013-02-27 2015-06-03
210. INTERCONTINENTAL HOTELS A D R   2014-10-03 2015-06-03
2345. LG DISPLAY CO LTD A D R   2014-10-03 2015-06-03
12. LINKEDIN CORP A   2014-10-03 2015-06-03
200. NATIONAL GRID PLC SP A D R   2012-10-18 2015-06-03
12. NETFLIX.COM INC COM   2014-10-03 2015-06-03
476. NIPPON TELEG & TEL CORP SPON ADR     2015-06-03
248. NOVARTIS AG SPONSORED ADR   2012-10-18 2015-06-03
60. NOVARTIS AG SPONSORED ADR   2012-11-09 2015-06-03
264. NOVARTIS AG SPONSORED ADR   2014-10-03 2015-06-03
484.117 NUVEEN MID CAP VALUE FUND CL I   2012-10-18 2015-06-03
40.586 NUVEEN MID CAP GRWTH OPP FD CL I   2011-08-30 2015-06-03
230. PHILIPPINE LONG DISTANCE TEL ADR   2014-10-03 2015-06-03
13. PRECISION CASTPARTS CORP     2015-06-03
1. PRECISION CASTPARTS CORP   2014-10-20 2015-06-03
5. THE PRICELINE GROUP INC   2012-10-08 2015-06-03
97. SERVICENOW INC   2014-10-03 2015-06-03
1052. SMITH NEPHEW P L C A D R     2015-06-03
1183. SMITH NEPHEW P L C A D R   2014-10-03 2015-06-03
15. SPLUNK INC   2014-10-03 2015-06-03
165. STARBUCKS CORP   2012-10-08 2015-06-03
2064. SUMITOMO MITSUI FINL GROUP A D R     2015-06-03
414.228 TFS MARKET NEUTRAL FUND   2012-09-21 2015-06-03
519.633 TFS MARKET NEUTRAL FUND   2012-10-08 2015-06-03
92. TATA MOTORS LTD A D R     2015-06-03
258. TEVA PHARMACEUTICALS INDS LTD ADR   2013-01-25 2015-06-03
1. TEVA PHARMACEUTICALS INDS LTD ADR   2013-02-05 2015-06-03
162. TEVA PHARMACEUTICALS INDS LTD ADR   2013-02-27 2015-06-03
275. TOTAL SA SPON A D R   2013-03-12 2015-06-03
140. TRIPADVISOR INC COM   2014-10-03 2015-06-03
174. TWENTY FIRST CENTURY FOX INC     2015-06-03
76. TWENTY FIRST CENTURY FOX INC   2014-10-03 2015-06-03
403. TWITTER INC   2014-10-03 2015-06-03
1. ULTRA SALON COSMETICS FRAGRANCE   2012-10-08 2015-06-03
65. UNDER ARMOUR INC CL A COM   2014-10-03 2015-06-03
134. UNION PACIFIC CORPORATION COMMON STOCK   2012-10-18 2015-06-03
965.787 VANGUARD STRATEGIC EQUITY FUND 114   2012-10-08 2015-06-03
413.119 VANGUARD TOTAL STK MKT IDX ADML   2014-10-20 2015-06-03
4430.375 VANGUARD TOTAL STK MKT IDX ADML     2015-06-03
35. WORKDAY INC   2014-10-03 2015-06-03
70. ZOETIS INC   2014-10-03 2015-06-03
222. MICHAEL KORS HOLDINGS LLD   2014-10-03 2015-06-03
415. NIELSEN NV   2014-10-03 2015-06-03
.928 RELX NV SPON A D R   2015-06-03 2015-07-15
.25 LIBERTY LILAC GROUP C   2014-10-20 2015-07-22
56. AMGEN INC COMMON STOCK   2014-10-20 2015-07-30
37. AMGEN INC COMMON STOCK   2013-04-09 2015-07-30
87. ASTRAZENECA P L C SPSD A D R   2013-03-12 2015-07-30
64. BAIDU COM INC A D R     2015-07-30
24. BLACKROCK INC     2015-07-30
176. COGNIZANT TECHNOLOGY SOLUTIONS CORP   2015-06-03 2015-07-30
57. EBAY INC.   2015-06-03 2015-07-30
882. FLY LEASING LTD A D R   2012-10-08 2015-07-30
16. GOOGLE INC CL A   2012-10-08 2015-07-30
110. HONEYWELL INTERNATIONAL INC COMMON STOCK   2014-10-03 2015-07-30
151. INDUSTRIAS BACHOCO SAB DE CV A D R   2013-04-09 2015-07-30
89. INDUSTRIAS BACHOCO SAB DE CV A D R   2013-02-27 2015-07-30
114. INDUSTRIAS BACHOCO SAB DE CV A D R   2013-03-12 2015-07-30
117. INTERCONTINENTAL HOTELS A D R   2014-10-03 2015-07-30
45. MONSANTO CO   1990-06-15 2015-07-30
428. MORGAN STANLEY DEAN WITTER & CO   2014-10-03 2015-07-30
87. NETFLIX.COM INC COM   2014-10-03 2015-07-30
127. NETEASE INC A D R   2015-06-03 2015-07-30
329. NOVO-NORDISK A S SPONSORED ADR   2015-06-03 2015-07-30
809. PEARSON P L C A D R   2015-06-03 2015-07-30
223. RANGE RESOURCES CORP   2015-06-03 2015-07-30
173. SCHLUMBERGER LTD ISIN #AN8068571086   2014-10-03 2015-07-30
944. SOUTH32 W I A D R   2015-06-03 2015-07-30
5. SPLUNK INC   2014-10-03 2015-07-30
300. TEXAS INSTRS INC   2015-06-03 2015-07-30
60. ULTRA SALON COSMETICS FRAGRANCE     2015-07-30
59. VERTEX PHARMACEUTICALS INC COM   2015-06-03 2015-07-30
307. VISA INC     2015-07-30
358. ZOETIS INC   2014-10-03 2015-07-30
5. LIBERTY LILAC GROUP C     2015-07-30
143. LYONDELLBASELL INDUSTRIES CL A   2015-06-03 2015-07-30
3377.85 ABERDEEN FDS EMRGN   2012-08-08 2015-12-16
6. ALPHABET INC CL C   2012-10-07 2015-12-16
17. AMERICAN TOWER CORP   2012-10-18 2015-12-16
376. ARM HLDGS PLC A D R   2014-10-03 2015-12-16
359. ASTRAZENECA P L C SPSD A D R   2013-03-12 2015-12-16
1. BAIDU COM INC A D R   2013-04-09 2015-12-16
358. B H P BILLITON LIMITED A D R   2015-06-03 2015-12-16
66. BIOGEN, INC     2015-12-16
950. BRITISH AMER SPON ADR     2015-12-16
10. CVS CORP COM   2012-10-18 2015-12-16
362. CARNIVAL PLC A D R   2014-10-03 2015-12-16
25. CELGENE CORPORATION COM   2012-10-18 2015-12-16
24. CHIPOTLE MEXICAN GRILL CL A   2014-10-03 2015-12-16
23. COGNIZANT TECHNOLOGY SOLUTIONS CORP   2015-06-03 2015-12-16
17. COSTAR GRP INC COM   2014-10-03 2015-12-16
37. DISNEY WALT CO     2015-12-16
9. DISNEY WALT CO   2013-03-12 2015-12-16
200. DR REDDYS LABORATORIES LTD A D R   2015-06-03 2015-12-16
242. DOLLAR GENERAL CORP   2015-06-03 2015-12-16
508. ENVISION HEALTHCARE HOLDINGS INC   2015-06-03 2015-12-16
2894. DELHAIZE GROUP SPONS A D R     2015-12-16
1738.756 FIDELITY CAP TR APPREC FD 307   2013-01-08 2015-12-16
40. FRESENIUS MED AKTIENGESELLSCHAFT ADR   2014-10-03 2015-12-16
50. GILEAD SCIENCES INC COM   2012-10-18 2015-12-16
751. GRIFOLS SA A D R   2015-06-03 2015-12-16
523. HONDA MOTOR LTD ADR COMMON 50YEN   2015-06-03 2015-12-16
402. INDUSTRIAS BACHOCO SAB DE CV A D R   2013-04-09 2015-12-16
6. MCKESSON HBOC INC COM   2015-06-03 2015-12-16
31. MCKESSON HBOC INC COM     2015-12-16
881. MELCO CROWN ENTERTAINMENT LMTD A D R   2015-06-03 2015-12-16
122. MINDRAY MEDICAL INTL A D R   2015-06-03 2015-12-16
176. MONSANTO CO   1990-06-15 2015-12-16
32. MORGAN STANLEY DEAN WITTER & CO   2014-10-03 2015-12-16
2930. NTT DOCOMO INC A D R   2014-10-03 2015-12-16
24. NIKE INC   2014-10-03 2015-12-16
1238. NIPPON TELEG & TEL CORP SPON ADR     2015-12-16
7. NOVARTIS AG SPONSORED ADR   2014-10-03 2015-12-16
1324.918 NUVEEN SANTA BARBARA DIV GROWTH FD I   2012-08-08 2015-12-16
51.035 NUVEEN SANTA BARBARA DIV GROWTH FD I   2012-08-22 2015-12-16
2200.094 NUVEEN HIGH INCOME BOND FD CL I   2014-10-03 2015-12-16
11.452 NUVEEN MID CAP VALUE FUND CL I   2012-10-18 2015-12-16
313.095 NUVEEN DIVIDEND VALUE FUND CLASS I   2012-08-22 2015-12-16
1415.895 NUVEEN DIVIDEND VALUE FUND CLASS I   2012-08-08 2015-12-16
7. THE PRICELINE GROUP INC   2012-10-08 2015-12-16
1488.329 T ROWE PRICE BLUE CHIP GROWTH FUND INC   2012-08-08 2015-12-16
374. SANOFI-SYNTHELABO SPONSORED ADR   2014-10-03 2015-12-16
412. SANOFI-SYNTHELABO SPONSORED ADR   2015-06-03 2015-12-16
182. SPLUNK INC   2014-10-03 2015-12-16
116. STARBUCKS CORP     2015-12-16
718. SUMITOMO MITSUI FINL GROUP A D R   2013-02-05 2015-12-16
215. TEVA PHARMACEUTICALS INDS LTD ADR   2013-02-27 2015-12-16
442. TEVA PHARMACEUTICALS INDS LTD ADR   2013-03-12 2015-12-16
138. TOYOTA MTR CORP COM (ADR 2)   2014-10-20 2015-12-16
138. TOYOTA MTR CORP COM (ADR 2)   2015-06-03 2015-12-16
530. TWENTY FIRST CENTURY FOX INC   2014-10-03 2015-12-16
291. UNION PACIFIC CORPORATION COMMON STOCK     2015-12-16
1. UNITED HEALTH GROUP INC   2012-10-18 2015-12-16
83. VALEANT PHARMACEUTICALS   2015-06-03 2015-12-16
3079.663 VANGUARD STRATEGIC EQUITY FUND 114     2015-12-16
1. VERTEX PHARMACEUTICALS INC COM   2015-06-03 2015-12-16
762. WNS HOLDINGS LTD ADR   2014-10-03 2015-12-16
2. WACOAL HOLDINGS CORP ADR   2012-10-18 2015-12-16
316. WELLS FARGO & CO NEW   2015-06-03 2015-12-16
590. WESTPAC BANKING COPR SPON ADR     2015-12-16
136. WESTPAC BANKING COPR SPON ADR   2015-06-03 2015-12-16
20. WORKDAY INC   2014-10-03 2015-12-16
105. LIBERTY GLOBAL PLC SERIES C     2015-12-16
17. MEDTRONIC PLC   2015-06-03 2015-12-16
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 41     41
b 68   49 19
c 28,671   24,793 3,878
d 16,713   17,947 -1,234
e 9,885   5,498 4,387
1,883   1,017 866
314   211 103
14,822   14,991 -169
2,849   2,279 570
20,775   21,613 -838
5,446   2,112 3,334
16,092   8,711 7,381
4,502   3,517 985
7,689   2,675 5,014
20,321   10,912 9,409
24,040   21,504 2,536
17,201   15,454 1,747
10,078   12,933 -2,855
19,535   19,344 191
1,865   1,357 508
1,656   1,019 637
232   140 92
16,973   14,726 2,247
7,003   2,098 4,905
46   62 -16
105   92 13
14,505   12,932 1,573
6,487   3,498 2,989
8,817   7,747 1,070
31,739   35,690 -3,951
2,556   2,517 39
13,568   11,386 2,182
7,464   5,438 2,026
16,746   11,530 5,216
25,737   15,847 9,890
6,227   3,617 2,610
27,397   24,324 3,073
18,024   11,643 6,381
2,026   1,773 253
14,481   15,672 -1,191
2,850   2,228 622
219   226 -7
5,981   3,126 2,855
7,379   5,697 1,682
37,165   23,717 13,448
41,792   38,879 2,913
996   852 144
8,596   4,029 4,567
18,647   16,442 2,205
6,421   6,450 -29
8,054   7,992 62
3,374   4,175 -801
15,559   9,804 5,755
60   38 22
9,769   6,091 3,678
14,088   14,158 -70
10,529   12,513 -1,984
5,855   4,655 1,200
2,557   2,549 8
14,838   21,154 -6,316
157   99 58
5,092   4,382 710
13,676   8,465 5,211
33,107   20,455 12,652
22,094   19,717 2,377
236,936   155,183 81,753
2,813   2,896 -83
3,455   2,599 856
10,799   16,642 -5,843
18,829   18,270 559
15   15  
12   10 2
9,632   7,563 2,069
6,364   3,901 2,463
2,942   1,989 953
11,147   6,915 4,232
8,143   4,606 3,537
11,063   11,546 -483
1,614   1,385 229
12,461   12,161 300
10,643   6,057 4,586
11,610   10,098 1,512
8,542   4,945 3,597
5,035   2,684 2,351
6,449   3,574 2,875
4,836   4,316 520
4,625   73 4,552
16,753   14,901 1,852
9,668   5,632 4,036
17,929   18,310 -381
19,194   18,968 226
14,951   16,307 -1,356
8,819   12,371 -3,552
14,429   16,928 -2,499
6,013   7,986 -1,973
347   284 63
15,018   16,514 -1,496
9,973   5,743 4,230
7,849   7,435 414
23,513   10,669 12,844
17,381   13,290 4,091
220   198 22
13,347   14,730 -1,383
39,386   48,911 -9,525
4,485   2,284 2,201
1,639   1,279 360
17,393   15,868 1,525
11,983   8,209 3,774
198   84 114
8,706   15,897 -7,191
19,369   9,788 9,581
106,316   106,042 274
968   466 502
19,349   13,990 5,359
2,844   984 1,860
13,421   15,980 -2,559
1,426   1,509 -83
3,508   2,564 944
4,172   2,005 2,167
1,015   517 498
9,038   10,798 -1,760
17,218   18,399 -1,181
12,044   18,901 -6,857
70,807   40,821 29,986
56,683   52,528 4,155
1,659   1,389 270
5,116   1,719 3,397
24,534   24,589 -55
16,946   18,100 -1,154
19,128   13,165 5,963
1,127   1,420 -293
5,821   6,112 -291
14,210   17,638 -3,428
3,243   3,362 -119
16,980   285 16,695
1,059   1,114 -55
59,537   47,729 11,808
3,107   2,146 961
48,851   27,585 21,266
601   645 -44
44,173   35,256 8,917
1,702   1,364 338
15,225   19,779 -4,554
385   275 110
4,590   4,568 22
20,757   20,573 184
9,255   4,377 4,878
109,184   65,888 43,296
16,157   20,375 -4,218
17,798   21,137 -3,339
9,913   10,339 -426
6,953   2,759 4,194
5,442   5,952 -510
14,026   8,084 5,942
28,836   17,706 11,130
17,254   15,617 1,637
17,254   18,965 -1,711
14,585   17,773 -3,188
22,808   18,368 4,440
118   56 62
9,716   19,729 -10,013
98,303   64,866 33,437
116   126 -10
23,584   17,155 6,429
117   116 1
17,459   17,977 -518
13,316   15,742 -2,426
3,069   3,421 -352
1,603   1,655 -52
4,118   4,123 -5
1,317   1,298 19
      155,836
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       41
b       19
c       3,878
d       -1,234
e       4,387
      866
      103
      -169
      570
      -838
      3,334
      7,381
      985
      5,014
      9,409
      2,536
      1,747
      -2,855
      191
      508
      637
      92
      2,247
      4,905
      -16
      13
      1,573
      2,989
      1,070
      -3,951
      39
      2,182
      2,026
      5,216
      9,890
      2,610
      3,073
      6,381
      253
      -1,191
      622
      -7
      2,855
      1,682
      13,448
      2,913
      144
      4,567
      2,205
      -29
      62
      -801
      5,755
      22
      3,678
      -70
      -1,984
      1,200
      8
      -6,316
      58
      710
      5,211
      12,652
      2,377
      81,753
      -83
      856
      -5,843
      559
       
      2
      2,069
      2,463
      953
      4,232
      3,537
      -483
      229
      300
      4,586
      1,512
      3,597
      2,351
      2,875
      520
      4,552
      1,852
      4,036
      -381
      226
      -1,356
      -3,552
      -2,499
      -1,973
      63
      -1,496
      4,230
      414
      12,844
      4,091
      22
      -1,383
      -9,525
      2,201
      360
      1,525
      3,774
      114
      -7,191
      9,581
      274
      502
      5,359
      1,860
      -2,559
      -83
      944
      2,167
      498
      -1,760
      -1,181
      -6,857
      29,986
      4,155
      270
      3,397
      -55
      -1,154
      5,963
      -293
      -291
      -3,428
      -119
      16,695
      -55
      11,808
      961
      21,266
      -44
      8,917
      338
      -4,554
      110
      22
      184
      4,878
      43,296
      -4,218
      -3,339
      -426
      4,194
      -510
      5,942
      11,130
      1,637
      -1,711
      -3,188
      4,440
      62
      -10,013
      33,437
      -10
      6,429
      1
      -518
      -2,426
      -352
      -52
      -5
      19
       
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 2 591,163
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))
2014 336,756 6,855,433 0.049122
2013 266,013 6,422,139 0.041421
2012 281,712 5,927,436 0.047527
2011 244,868 5,746,332 0.042613
2010 258,599 5,254,414 0.049216
2
Total of line 1, column (d) .....................
20.229899
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
0.04598
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
6,611,789
5
Multiply line 4 by line 3......................
5
304,010
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
6,563
7
Add lines 5 and 6........................
7
310,573
8
Enter qualifying distributions from Part XII, line 4.............
8
378,115
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 6,563
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 6,563
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 6,563
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 5,460
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,460
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,103
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet0 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOR
    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 addressbullet  
    14
    The books are in care ofbulletUS BANK Telephone no.bullet (503) 464-3580

    Located atbullet555 SW OAKPORTLANDOR ZIP+4bullet97204
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 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
     
     
    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
     
     
    .........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 (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
    US BANK NA TRUSTEE
    1     		73,816    
    PO BOX 3168
    PORTLAND,OR97208
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    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
    6,564,259
    b
    Average of monthly cash balances.......................
    1b
    148,217
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,712,476
    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
    6,712,476
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    100,687
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,611,789
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    330,589
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    330,589
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    6,563
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,563
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    324,026
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    24,701
    5
    Add lines 3 and 4............................
    5
    348,727
    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
    348,727
    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
    378,115
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    378,115
    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
    6,563
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    371,552
    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 7 348,727
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 330,555
    b Total for prior years:2013, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 0
    b From 2011...... 0
    c From 2012...... 0
    d From 2013...... 0
    e From 2014...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 378,115
    a Applied to 2014, but not more than line 2a 330,555
    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 2015 distributable amount..... 47,560
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 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 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		301,167
    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 2010 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2011.... 0
    b Excess from 2012.... 0
    c Excess from 2013.... 0
    d Excess from 2014.... 0
    e Excess from 2015.... 0
    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).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    LINDA THOMAS BUSH
    1025 NW BOND ST
    BEND,OR97701
    (541) 465-4120
    bThe form in which applications should be submitted and information and materials they should include:
    CONTACT ABOVE
    cAny submission deadlines:
    CONTACT ABOVE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    RESIDENTS OF GRANT COUNTY, OR
    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
    DIXIE STATE UNIVERSITY
    225 S 700 E
    ST GEORGE,UT84770     		NONE PC SCHOLARSHIP 5,000
    BOISE STATE UNIVERSITY
    1910 UNIVERSITY DRIVE
    BOISE,ID83725     		NONE PC SCHOLARSHIP 20,000
    BLUE MOUNTAIN COMM COLL
    2411 NW CARDEN
    PENDLETON,OR97801     		NONE PC SCHOLARSHIP 48,333
    CENTRAL OREGON COMM COLL
    FINANCIAL AID OFFICE
    2600 NW COLLEGE WAY
    BEND,OR97701     		NONE PC SCHOLARSHIP 60,000
    EASTERN OREGON UNIVERSITY
    FINANCIAL AID OFFICE
    ONE UNIVERSITY BLVD INLOW HALL ROOM
    LA GRANDE,OR97850     		NONE PC SCHOLARSHIP 105,000
    GEORGE FOX UNIVERSITY
    FINANCIAL AID OFFICE
    414 N MERIDIAN STREET
    NEWBERG,OR97132     		NONE PC SCHOLARSHIP 5,000
    LINN-BENTON COMM COLL
    FINANCIAL AID OFFICE
    6500 PACIFIC BLVD SW
    ALBANY,OR97321     		NONE PC SCHOLARSHIP 10,000
    NEUMONT UNIVERSITY
    FINANCIAL AID OFFICE
    10701 S RIVER FRONT PKWY
    SOUTH JORDAN,UT84095     		NONE PC SCHOLARSHIP 5,000
    NORTHWEST NAZARENE UNIV
    FINANCIAL AID OFFICE
    623 S UNIVERSITY BLVD
    NAMPA,ID83686     		NONE PC SCHOLARSHIP 5,000
    OREGON INSTITUTE OF TECH ODS
    FINANCIAL AID OFFICE
    909 ADAMS AVE
    LAGRANDE,OR97850     		NONE PC SCHOLARSHIP 14,000
    OREGON STATE UNIVERSITY
    218 KERR ADMIN BLDG
    CORVALLIS,OR97331     		NONE PC SCHOLARSHIP 10,000
    BRIGHAM YOUNG UNIVERSITY
    UNIVERSITY HILL
    PROVO,UT84602     		NONE PC SCHOLARSHIP 10,000
    COLORADO STATE UNIVERSITY
    2009 COLORADO STATE UNIVERSITY
    FORT COLLINS,CO80523     		NONE PC SCHOLARSHIP 2,500
    CORBAN UNIVERSITY
    5000 DEER PARK DRIVE SE
    SALEM,OR97317     		NONE PC SCHOLARSHIP 5,000
    KANSAS STATE UNIVERSITY
    FINANCIAL AID DEPARTMENT
    119 ANDERSON HALL
    MANHATTAN,KS66506     		NONE PC SCHOLARSHIP 2,500
    OLIVET NAZARENE UNIVERSITY
    FINANCIAL AID DEPARTMENT
    ONE UNIVERSITY AVE
    BOURBONNAIS,IL60914     		NONE PC SCHOLARSHIP 5,000
    BEL-REA INSTITUTE OF ANIMAL TECHNOLOGY
    1681 S DAYTON ST
    DENVER,CO80247     		NONE PC SCHOLARSHIP 5,000
    D'YOUVILLE COLLEGE
    320 PORTER AVE
    BUFFALO,NY14201     		NONE PC SCHOLARSHIP 5,000
    EOCIA COLLEGE OF COSMETOLOGY
    743 W MAIN ST
    JOHN DAY,OR97845     		NONE PC SCHOLARSHIP 9,000
    MONTANA STATE UNIVERSITY
    201 BUILDING
    BOZEMAN,MT59717     		NONE PC SCHOLARSHIP 5,000
    COLUMBIA BASIN COLLEGE
    2600 N 20TH AVE
    PASCO,WA99301     		NONE PC SCHOLARSHIP 4,000
    CENTRALIA COLLEGE
    600 CENTRALIA COLLEGE BLVD
    CENTRALIA,WA98531     		NONE PC SCHOLARSHIP 5,000
    BROWN UNIVERSITY
    BOX 1827
    PROVIDENCE,RI02912     		NONE PC SCHOLARSHIP 5,000
    CLACKAMAS COMMUNITY COLLEGE
    FINANCIAL AID OFFICE
    19600 MOLALLA AVE
    OREGON CITY,OR97045     		NONE PC SCHOLARSHIP 1,667
    CONCORDIA UNIVERSITY
    FINANCIAL AID OFFICE
    2800 NE HOLMAN
    PORTLAND,OR97211     		NONE PC SCHOLARSHIP 5,000
    LEWIS AND CLARK COLLEGE
    FINANCIAL AID OFFICE
    0615 SW PALATINE HILL RD
    PORTLAND,OR97219     		NONE PC SCHOLARSHIP 5,000
    LEWIS-CLARK STATE COLLEGE
    500 8TH AVENUE
    LEWISTON,ID83501     		NONE PC SCHOLARSHIP 5,000
    Total .................................bullet 3a 367,000
    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 ...........     		         
    4 Dividends and interest from securities....     14 138,719  
    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 ............     		    18 591,163  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aRETURNED SCHOLARSH     		    14 24,701  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   754,583  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13754,583
    (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:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    WAYNE C STEWART FOUNDATION UMA WAYNE C
    EIN:
    91-6574050
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 3,000     3,000

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    WAYNE C STEWART FOUNDATION UMA WAYNE C
    EIN:
    91-6574050
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMGEN INC    
    MONSANTO CO    
    ASTRAZENECA PLC SPSD ADR    
    BRITISH AMERN TOB PLC 40,028 40,305
    NOVARTIS AG ADR 69,010 53,261
    SANOFI AVENTIS ADR    
    TOTAL SA ADR REPSTG    
    NUVEEN REAL ESTATE SECS FD 372,390 427,328
    NUVEEN MID CAP GRWTH OPP FD 125,615 103,405
    TFS MARKET NEUTRAL FD 632,875 571,331
    BAIDU COM INC A D R    
    NATIONAL GRID PLC SP A D R 124,518 140,212
    ALLERGAN INC 20,210 19,147
    AMAZON COM INC 21,127 24,863
    APPLE INC 22,510 24,753
    BIOGEN IDEC INC    
    BLACKROCK INC    
    BORG WARNER INC    
    CELGENE CORP 10,939 28,132
    CERNER CORP    
    COSTCO WHSL CORP 9,977 15,603
    CVS CAREMARK CORP 10,588 22,155
    DANAHER CORP 11,845 19,461
    DELTA AIR LINES INC    
    DISNEY WALT CO 16,091 19,486
    ECOLAB INC 10,841 15,895
    FACEBOOK INC A 8,367 39,881
    GILEAD SCIENCES INC 6,653 16,839
    GOOGLE INC CL A    
    HOME DEPOT INC 22,114 24,328
    MASTERCARD INC 4,127 6,780
    PRECISION CASTPARTS CORP    
    SALESFORCE COM INC 4,493 7,927
    SBA COMMUNICATIONS CORP 6,552 9,394
    STARBUCKS CORP 11,224 22,644
    ULTA SALON COSMETICS & FRAG 7,803 8,590
    UNION PACIFIC CORP    
    UNITED HEALTH GROUP INC 11,965 25,487
    VISA INC 14,804 25,409
    DELHAIZE GROUP SPONS ADR 27,201 31,916
    FLY LEASING LTD ADR 58,883 54,319
    GLAXO SMITHKLINE PLC ADR 44,104 37,626
    KT CORP SP ADR 30,998 29,682
    SMITH NEPHEW PLC ADR 72,907 72,559
    SUMITOMO MITSUI FINL GROUP ADR 17,841 11,344
    TEVA PHARM INDS LTD ADR 27,580 37,252
    TOYOTA MTR CORP ADR 17,454 13,221
    TRINITY BIOTECH PLC SPON ADR 30,270 24,496
    WACOAL HOLDINGS CORP ADR 26,750 26,564
    WESTPAC BANKING COPR SP ADR 35,042 28,501
    ABERDEEN FDS EMRGN MKT 537,562 402,467
    FIDELITY CAP TR CAP APPREC FD 233,568 210,105
    LOOMIS SAYLES ABS STRAT 145,776 132,264
    NUVEEN DIVIDEND VALUE FUND 102,976 88,323
    NUVEEN MID CAP VALUE FUND 87,071 112,522
    NUVEEN SANTA BARBARA DIV GRWTH 128,486 132,763
    NUVEEN SMALL CAP VALUE FUND 78,466 110,943
    SPDR DJ WILSHIRE INTL 239,022 230,757
    T ROWE PRICE BLUE CHIP GRWTH 170,370 203,121
    T ROWE PRICE SC STOCK 112,839 105,900
    VANGUARD STRATEGIC EQUITY 105,956 121,804
    VANGUARD TOTAL STK MKT INDEX 225,499 208,884
    ALEXION PHARMACEUTICALS INC 4,921 7,040
    TWENTY FIRST CENTURY FOX    
    INDUSTRIAS BACHOCO SAB 67,157 62,185
    ABBVIE INC    
    AMERICAN EXPRESS CO    
    AMERICAN TOWER CORP 21,063 22,773
    APPLIED MATERIALS INC    
    CHIPOTLE MEXICAN GRILL INC    
    COMCAST CORP CL A    
    CONCHO RES INC 8,602 7,400
    COSTAR GROUP INC 10,256 12,040
    GOOGLE INC CL C    
    HALLIBURTON CO    
    HILTON WORLDWIDE HOLDINGS IN 4,064 2,992
    HONEYWELL INTERNATIONAL INC    
    IMS HEALTH HOLDINGS INC    
    LINKEDIN 21,184 11,836
    MCKESSON CORPORATION    
    MORGAN STANLEY    
    NETFLIX COM INC 3,884 5,605
    NIKE INC 23,520 32,396
    SERVICENOW INC 11,335 10,613
    SPLUNK INC    
    THE PRICELINE GROUP INC 10,300 21,509
    TRIPADVISOR INC    
    TWITTER INC    
    UNDER ARMOUR INC CL A 3,353 3,431
    WORKDAY INC 13,654 9,974
    ZOETIS INC 10,015 8,828
    ALIBABA GROUP HOLDING LTD A D 19,799 15,413
    ARM HLDGS PLC A D R    
    AVIANCA HOLDINGS A D R 30,662 10,900
    BP PLC SPONS A D R    
    CANON INC SPONS A D R 143,083 123,770
    CARNIVAL PLC A D R    
    CHINA MOBILE LIMITED    
    CHUNGHWA TELECOM CO LTD A D R 116,808 118,968
    COMPNHIA PARAENSE ENER SP A D    
    FRESENIUS MED AK ADR 31,263 37,755
    INTERCONTINENTAL HOTELS A D R 20,116 19,651
    LG DISPLAY CO LTD A D R    
    LIBERTY GLOBAL PLC SERIES C    
    MICHAEL KORS HOLDINGS LLD    
    MIZUHO FNL GRP A D R 48,903 34,164
    NICE SYS LTD SPONSORED A D R 40,534 58,961
    NIELSEN NV    
    NIPPON TELEGRAPH TELE A D R    
    NT DOCOMO INC ADR 48,722 69,690
    PHILLIPPINE LONG DIST ADR    
    REED ELSEVIER NV ADR    
    SCHLUMBERGER LTD    
    TATA MOTORS LTD ADR    
    WNS HOLDINGS LTD ADR 14,611 18,497
    NUVEEN HIGH INCOME BOND FD 406,391 294,190

    TY 2015 InvestmentsOtherSchedule2
    Name:
    WAYNE C STEWART FOUNDATION UMA WAYNE C
    EIN:
    91-6574050
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ADIDAS AG A D R AT COST 7,848 8,488
    ADOBE SYS INC AT COST 8,526 9,111
    ALPHABET INC CL A AT COST 11,837 20,082
    ALPHABET INC CL C AT COST 16,962 28,609
    BOSTON SCIENTIFIC CORP AT COST 17,740 16,488
    BRISTOL MYERS SQUIBB CO AT COST 30,153 26,692
    CTRIP COM INTERNATIONAL A D R AT COST 900 982
    DANONE SPON A D R AT COST 41,176 41,663
    DELPHI AUTOMOTIVE PLC AT COST 15,163 11,869
    DELTA AIR LINES INC AT COST 4,029 13,845
    DEXCOM INC AT COST 4,267 3,383
    DOLLAR TREE INC AT COST 11,119 11,476
    DR REDDYS LABORATORIES LTD A D AT COST 54 44
    EDWARDS LIFESCIENCES CORP AT COST 15,874 17,052
    FIRST DATA CORP CLASS A AT COST 12,282 9,625
    HONDA MOTOR CO LTD A D R AT COST 16,958 12,598
    INTUIT INC AT COST 19,728 19,425
    L BRANDS INC AT COST 587 509
    LENDINGCLUB CORP AT COST 5,831 4,155
    LULULEMON ATHLETICA INC AT COST 3,230 4,077
    MEDTRONIC PLC AT COST 17,684 17,800
    MICROSOFT CORP AT COST 14,853 13,636
    MOBILEYE NV AT COST 18,911 13,081
    NESTLE SA SPONSORED A D R AT COST 93,149 87,395
    P P G INDS INC AT COST 19,505 16,410
    PALO ALTO NETWORKS INC AT COST 14,628 11,438
    PAYPAL HOLDINGS INC AT COST 2,141 2,174
    PEARSON P L C A D R AT COST 15,057 15,876
    QUINTILES TRANSNATIONAL HOLD AT COST 17,691 15,928
    RELX NV SPON A D R AT COST 61,871 67,263
    ROCHE HOLDINGS LTD SPON A D R AT COST 84,339 78,555
    SCHWAB CHARLES CORP AT COST 11,109 8,367
    SHERWIN WILLIAMS CO AT COST 14,932 14,066
    TESLA MOTORS INC AT COST 9,204 7,101
    VERTEX PHARMACEUTICALS INC AT COST 12,979 8,805
    WPP PLC SPON A D R AT COST 27,365 25,047
    BROADCOM LTD AT COST 2,992 2,813

    TY 2015 OtherDecreasesSchedule
    Name:
    WAYNE C STEWART FOUNDATION UMA WAYNE C
    EIN:
    91-6574050
    Description Amount
    PY ACCRUED INCOME 1,933


    TY 2015 OtherExpensesSchedule
    Name:
    WAYNE C STEWART FOUNDATION UMA WAYNE C
    EIN:
    91-6574050
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OR- CT-12 FILING FEE 733 0   733
    ADR FEES 863 863   0


    TY 2015 OtherIncomeSchedule2
    Name:
    WAYNE C STEWART FOUNDATION UMA WAYNE C
    EIN:
    91-6574050
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    RETURNED SCHOLARSHIPS 24,701 0  


    TY 2015 OtherIncreasesSchedule
    Name:
    WAYNE C STEWART FOUNDATION UMA WAYNE C
    EIN:
    91-6574050
    Description Amount
    ROUNDING ADJUSTMENT 34


    TY 2015 TaxesSchedule
    Name:
    WAYNE C STEWART FOUNDATION UMA WAYNE C
    EIN:
    91-6574050
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 6,123 6,123   0
    FEDERAL ESTIMATES 5,460 0   0
    FEDERAL PAYMENTS PY LIABILITY 3,644 0   0