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 01-01-2015 , and ending 12-31-2015
Name of foundation
Steffens Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)PO Box 271170
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Louisville, CO80027
A Employer identification number

20-2420941
B Telephone number (see instructions)

(312) 603-8197
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$7,392,745J 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) 183,830
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 169,929 169,929  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 48,639
b Gross sales price for all assets on line 6a 1,505,112
7 Capital gain net income (from Part IV, line 2)... 309,665
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 95 95  
12 Total. Add lines 1 through 11........ 402,493 479,689  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
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 5,031 5,031   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,491 4,208   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 42,128 42,061   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 55,650 51,300   0
25 Contributions, gifts, grants paid....... 333,500 333,500
26 Total expenses and disbursements. Add lines 24 and 25 389,150 51,300   333,500
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 13,343
b Net investment income (if negative, enter -0-) 428,389
c Adjusted net income (if negative, enter -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......... 990,278 1,022,105 1,022,105
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,960,268 Click to see attachment3,736,456 4,774,049
c Investments—corporate bonds (attach schedule)....... 1,452,964 Click to see attachment1,436,202 1,390,958
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment200,000 200,000
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment8,260 Click to see attachment17,712 Click to see attachment5,633
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,411,770 6,412,475 7,392,745
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) Click to see attachment12,638 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 12,638 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 6,399,132 6,412,475
30 Total net assets or fund balances (see instructions)..... 6,399,132 6,412,475
31 Total liabilities and net assets/fund balances (see instructions). 6,411,770 6,412,475
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
6,399,132
2
Enter amount from Part I, line 27a .....................
2
13,343
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,412,475
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
6,412,475
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 Northern Trust - Post-Contribution Acq. Short-Term   2015-01-01 2015-12-31
b Danaher Corp 2480 Shares   2005-01-01 2015-07-16
c Danaher Corp 520 Shares   2014-12-11 2015-07-16
d United Technologies 360 Shares   2005-01-01 2015-07-16
e Verizon 1100 Shares   2005-01-01 2015-07-16
MFC IShares TR MSCI EAFE 300 Shares   2005-01-01 2015-12-31
Walgreens 1575 Shares   2014-12-11 2015-07-16
Northern Trust - Post-Contribution Acq. Long-Term   2013-12-31 2015-12-31
Capital Gains Dividends P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 74,105   76,036 -1,931
b 219,181   1,971 217,210
c 45,957   413 45,544
d 40,089   576 39,513
e 52,480   1,232 51,248
17,667   15,031 2,636
149,480   2,518 146,962
897,534   1,097,670 -200,136
8,619     8,619
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       -1,931
b       217,210
c       45,544
d       39,513
e       51,248
      2,636
      146,962
      -200,136
      8,619
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 2 309,665
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 320,000 6,975,820 0.045873
2013 262,750 6,431,521 0.040853
2012 191,410 5,795,765 0.033026
2011 264,080 5,615,297 0.047029
2010 251,123 5,025,944 0.049965
2
Total of line 1, column (d) .....................
20.216746
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
0.043349
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
7,314,409
5
Multiply line 4 by line 3......................
5
317,072
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
4,284
7
Add lines 5 and 6........................
7
321,356
8
Enter qualifying distributions from Part XII, line 4.............
8
333,500
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 4,284
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 4,284
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 4,284
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 16,362
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 16,362
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 12,078
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet12,078 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCO
    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. Click to see attachment...............................
    10
    Yes
     
    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 addressbulletNone
    14
    The books are in care ofbulletThe Foundation Telephone no.bullet (312) 603-8197

    Located atbulletPO Box 271170LouisvilleCO ZIP+4bullet80027
    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
     
     
    ........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
     
     
    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
    Mary S Schweitzer President
    1.00     		0 0 0
    POBox 271170
    Louisville,CO80027
    Stephanie L Schweitzer Vice President
    0.10     		0 0 0
    POBox 271170
    Louisville,CO80027
    Edmund A Schweitzer Secretary
    0.10     		0 0 0
    POBox 271170
    Louisville,CO80027
    Paul A Schweitzer Treasurer
    0.10     		0 0 0
    POBox 271170
    Louisville,CO80027
    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.........................bullet0
    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
    6,700,836
    b
    Average of monthly cash balances.......................
    1b
    724,960
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,425,796
    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
    7,425,796
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    111,387
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,314,409
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    365,720
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    365,720
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    4,284
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,284
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    361,436
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    361,436
    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
    361,436
    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
    333,500
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    333,500
    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
    4,284
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    329,216
    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 7 361,436
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 331,504
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 333,500
    a Applied to 2014, but not more than line 2a 331,504
    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..... 1,996
    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 ..........     		359,440
    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....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    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).)
    Mary S Schweitzer
    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
    Alternatives to Violence
    625 N Van Buren
    Moscow,ID83843     		None 501(c)(3) General Operating 5,000
    Anderson Animal Shelter
    1000 La Fox Road
    South Elgin,IL60177     		None 501(c)(3) General Operating 1,000
    Attention Homes
    3080 Broadway C
    Boulder,CO80304     		None 501(c)(3) General Operating 17,000
    Best Friends Animal Sanctuary
    5001 Angel Canyon Rd
    Kanab,UT84741     		None 501(c)(3) General Operating 3,000
    Birds of Prey Foundation
    2290 South 104th Steet
    Broomfield,CO80020     		None 501(c)(3) General Operating 2,000
    Boulder County Community Foundation
    1123 Spruce Street
    Boulder,CO80302     		None 501(c)(3) General Operating 5,000
    Boulder Preparatory High School
    5075 Chaparral Court 1
    Boulder,CO80301     		None 501(c)(3) General Operating 6,000
    Boulder Shelter for the Homeless
    4869 Broadway Street
    Boulder,CO80304     		None 501(c)(3) General Operating 5,000
    Boys and Girls Club-Lewis Clark Valley
    1021 Burrell Ave
    Lewiston,ID83501     		None 501(c)(3) General Operating 2,000
    Bridge House
    PO Box 626
    Boulder,CO80306     		None 501(c)(3) General Operating 5,000
    Catholic Relief Services
    PO Box 17090
    Baltimore,MD212037090     		None 501(c)(3) General Operating 5,000
    Community Food Share
    650 S Taylor Ave
    Louisville,CO80037     		None 501(c)(3) General Operating 2,000
    Covenant House
    Times Square Station PO Box 731
    New York,NY10108     		None 501(c)(3) General Operating 5,000
    Cross Catholic Outreach
    2700 N Military Trail Suite 240
    Boca Raton,FL334273908     		None 501(c)(3) General Operating 15,000
    Doctors Without Borders
    POBox 5023
    Hagerstown,MD217415030     		None 501(c)(3) General Operating 10,000
    Dominican Sisters of Peace
    3600 Broadway
    Great Bend,KS67530     		None 501(c)(3) General Operating 25,000
    Fisher House Foundation
    111 Rockville Pike Suite 420
    Rockville,MD20850     		None 501(c)(3) General Operating 3,500
    Fort Hays State University
    225 Rarick Hall
    Hays,KS676074099     		None 501(c)(3) Science and Math Summer Camps 25,000
    Forward Steps Foundation
    370 Interlocken Blvd
    Broomfield,CO80021     		None 501(c)(3) General Operating 5,000
    Gonzaga University
    502 East Boone Ave
    Spokane,WA992580098     		None 501(c)(3) CCASL Endowment for the Shaw Connection Project 5,000
    Heartland Alliance
    208 S LaSalle Street 1818
    Chicago,IL60604     		None 501(c)(3) General Operating 12,000
    Humane Society of the Palouse
    2019 E White Ave
    Moscow,ID83843     		None 501(c)(3) General Operating 2,000
    Intercambio de Communidades
    4735 Walnut St B
    Boulder,CO80301     		None 501(c)(3) General Operating 5,000
    Kiwanis
    4650 Shawnee Place
    Boulder,CO80303     		None 501(c)(3) General Operating 1,000
    Lane County Historical Society
    PO Box 821
    Dighton,KS87839     		None 501(c)(3) General Operating 1,000
    Legacy of Learning
    5440 Conestoga Court
    Boulder,CO80301     		None 501(c)(3) General Operating 500
    Marines of Palouse
    PO Box 8096
    Moscow,ID83843     		None 501(c)(3) General Operating 1,000
    Morning Star Foundation
    PO Box 8087
    Spokane,WA99223     		None 501(c)(3) General Operating 2,000
    National Multiple Sclerosis Society-Wisconsin Chapter
    1120 James Drive
    Harland,WI53029     		None 501(c)(3) General Operating 1,000
    Opportunity International
    2122 York Rd Suite 340
    Oak Brook,IL60523     		None 501(c)(3) General Operating 30,000
    Palouse Discovery Science Center
    2371 NE Hopkins CT
    Pullman,WA99163     		None 501(c)(3) General Operating 35,000
    Red Cloud Indian School
    100 Mission Dr
    Pine Ridge,SD57770     		None 501(c)(3) General Operating 1,500
    San Felipe Humanitarian Alliance
    638 Camino de los Mares
    San Clemente,CA92673     		None 501(c)(3) General Operating 10,000
    Sew Much Comfort
    13805 Frontier Lane
    Burnsville,MN55337     		None 501(c)(3) General Operating 1,000
    Shriners Hospitals
    POBox 2472
    Spokane,WA992102472     		None 501(c)(3) General Operating 7,000
    Sister Carmen Community Center
    655 Aspen Ridge
    Lafayette,CO80026     		None 501(c)(3) General Operating 20,000
    Social Venture Partners Boulder County
    1123 Spruce Street
    Boulder,CO80302     		None 501(c)(3) General Operating 5,000
    St Francis Indian School
    PO Box 379
    St Francis,SD57572     		None 501(c)(3) General Operating 1,000
    St Joseph's Indian School
    1301 N Main St
    Chamberlain,SD57326     		None 501(c)(3) General Operating 2,000
    St Margaret's Shelter for Women
    1023 W Riverside Ave
    Spokane,WA99210     		None 501(c)(3) General Operating 5,000
    Sweet Dream in a Bag
    9249 S Broadway Unit 200 Suite 198
    Littleton,CO80129     		None 501(c)(3) General Operating 2,000
    Troy ACSTroy Food Bank
    PO Box 383
    Troy,ID83871     		None 501(c)(3) General Operationg 5,000
    USO World Headquarters
    POBox 96860
    Washington,DC200777677     		None 501(c)(3) General Operating 2,500
    Vanessa Behan Crisis Nursery
    1004 E 8th Ave
    Spokane,WA99201     		None 501(c)(3) General Operating 10,000
    Washington State University
    POBox 642012
    Pullman,WA99164     		None 501(c)(3) Opportunity Scholarship Fund for 1st/2nd Generation Immigrant Students 12,000
    Whitman County Humane Society
    126 South Grand Ave
    Pullman,WA99163     		None 501(c)(3) General Operating 2,500
    Wild Animal Sanctuary
    1946 County Road 53
    Keensburg,CO80643     		None 501(c)(3) General Operating 5,000
    Total .................................bullet 3a 333,500
    bApproved for future payment
    Total .................................bullet 3b 0
    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....     14 169,929  
    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.....     14 95  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 48,639  
    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).. 0 218,663 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13218,663
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    Steffens Foundation
     
    Employer identification number

    20-2420941
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    Steffens Foundation
          		Employer identification number
    20-2420941
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    2005 Mary S Schweitzer Charitable Lead Annuity Trust
     

       
    PO Box 271170
     
    Louisville, CO80027

    		$ 183,830


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    Steffens Foundation
          		Employer identification number

    20-2420941
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    Steffens Foundation
          		Employer identification number

    20-2420941
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    Steffens Foundation
    EIN:
    20-2420941
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Professional Fees 5,031 5,031   0

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    Steffens Foundation
    EIN:
    20-2420941
    Name of Bond End of Year Book Value End of Year Fair Market Value
    MFB Northern HY Fixed 389,633 330,104
    MFC Ishares TR Barclays 1-3 Yr BD 199,672 198,740
    MFB Northern Fds Bd Index Fd 646,897 665,777
    MFB Northern FDS Short BD FD 200,000 196,337

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    Steffens Foundation
    EIN:
    20-2420941
    Name of Stock End of Year Book Value End of Year Fair Market Value
    American Express 57,962 51,119
    Amgen 73,254 73,048
    Apple Inc 63,655 103,155
    Baxalta 58,732 71,815
    Baxter Intl 75,197 75,919
    Bristol Myers Squibb 47,075 113,503
    Cisco Sys. 106,929 168,035
    Danaher Corp. 181,245 202,478
    Dominion Res Inc 47,110 67,640
    EMC Corp 64,824 61,632
    Exxon Mobil Corp. 189,169 258,560
    Franklin Res. Inc. 40,590 65,282
    General Elec. 145,379 125,098
    Home Depot Inc. 45,380 169,677
    International Business Machines 58,991 48,167
    JP Morgan Chase & Co 55,037 79,236
    Kohls Corp 77,778 77,827
    Metlife 83,906 69,905
    National Oilwell Varco 41,776 43,537
    Nike Inc. 43,474 283,000
    Oracle Corporation 52,200 73,060
    Pepsico Inc. 64,153 115,208
    Proctor & Gamble Co. 118,027 173,908
    Qualcomm 58,065 44,987
    Salesforce 57,619 62,720
    State Str. Corp. 78,915 113,277
    United Tech. Corp 73,238 138,341
    Verizon Comm. 37,688 54,031
    Walgreen Co. 94,660 118,280
    Wells Fargo 81,998 148,729
    Zimmer Biomet Hldgs 57,312 54,373
    CR Bard 57,237 60,621
    MFB Northern FDS Small Cap Value 188,053 239,782
    MFB Northern Intl. Eq Indx 231,271 251,171
    Novartis AG 45,776 71,843
    MFO Oppenheimer Developing Markets 385,000 385,000
    MFC Ishares EAFE Indx Fnd 0 0
    MFB Northern Emerging Market 0 0
    MFB Northern Multi Manager Global Listed Infrastructure Fd 132,173 128,737
    International CONS AIRLS Group SA 3,166 4,609
    KBC Group NV 1,995 2,243
    Imperial Oil Limited 3,618 2,569
    BNP Paribas 6,692 5,680
    Engie Sponsored ADR 11,053 8,518
    Sanofi 8,159 6,824
    Schneider Electric 8,993 6,365
    Technip 5,816 3,689
    Total SA 11,623 8,630
    Bayer AG 5,307 4,993
    Linde 7,765 6,159
    SAP 5,925 5,853
    Volkswagen AG 14,886 10,284
    Ryanair Hldgs 1,350 2,162
    East Japan Ry Co 8,223 9,725
    Hitachi LTD 11,626 8,902
    Japan Airls LTD 5,973 5,887
    KDDI Corp 10,798 14,149
    Nikon Corp 7,247 6,281
    Shin ETSU Chem Co LTD 3,261 2,755
    Sumitomo Mitsui Finl Group 6,152 5,958
    Toyota MTR Corp 7,416 7,628
    Akzo Noble 13,011 11,841
    Postni, NV 3,382 2,397
    Caixabank ADR 6,832 5,275
    Aryzta AG ADR 4,724 3,956
    Clariant 4,303 4,254
    Compagnie Fainanciere 5,757 4,913
    Givaudan 1,124 1,233
    Novartis AG 9,125 8,862
    Roche Hldg LTD 10,418 9,927
    UBS Group AG 9,602 10,034
    Zurich Ins Group 8,702 7,559
    Aviva PLC 11,193 10,221
    Balfour Beatty 2,784 2,649
    Barclays 9,352 8,165
    British Amern TOB 13,156 12,149
    Carnival 5,106 7,741
    Diageo PLC 5,942 5,781
    Glaxosmithkline 8,651 7,747
    HSBC Holdings 11,818 9,749
    Lloyds Banking 9,188 7,865
    Relx NV 10,068 11,192
    Sponsored ADR (SSEZY) 11,325 10,467
    Vodafone Group 6,317 5,968
    China Mobile LTD 6,857 6,760
    CNOOC LTD 9,664 6,680
    SK Telecom 10,163 8,100

    TY 2015 InvestmentsOtherSchedule2
    Name:
    Steffens Foundation
    EIN:
    20-2420941
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MFO Credit Suisse Commodity Return AT COST 200,000 200,000

    TY 2015 OtherAssetsSchedule
    Name:
    Steffens Foundation
    EIN:
    20-2420941
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Organization Costs 1,010 1,010 1,010
    Accumulated Amortization-Org. Costs -648 -715 -715
    Receivables 7,898 5,338 5,338
    Prepaid excise tax   12,079  


    TY 2015 OtherExpensesSchedule
    Name:
    Steffens Foundation
    EIN:
    20-2420941
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Advisory Fees 14,831 14,831   0
    Amortization 67 0   0
    Trustee Fees 27,230 27,230   0


    TY 2015 OtherIncomeSchedule2
    Name:
    Steffens Foundation
    EIN:
    20-2420941
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income 95 95 95


    TY 2015 OtherLiabilitiesSchedule
    Name:
    Steffens Foundation
    EIN:
    20-2420941
    Description Beginning of Year - Book Value End of Year - Book Value
    Excise Tax Payable 12,638 0


    TY 2015 SubstantialContributorsSch
    Name:
    Steffens Foundation
    EIN:
    20-2420941
    Name Address
    Schweitzer Charitable Lead Annuity Trust
          		POBox 271170
    Louisville,CO80027
    Mary S Schweitzer POBox 271170
    Louisville,CO80027


    TY 2015 TaxesSchedule
    Name:
    Steffens Foundation
    EIN:
    20-2420941
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Tax Withheld 4,208 4,208   0
    Federal Excise Tax 4,283 0   0