Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
Bechtel Group Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)50 BEALE STREET C/O TAX DEPARTMENT
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SAN FRANCISCO, CA94105
A Employer identification number

94-6078120
B Telephone number (see instructions)

(415) 768-7158
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$24,098,430J 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) 66,520
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 899 899  
4 Dividends and interest from securities... 506,164 506,164  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,713,940
b Gross sales price for all assets on line 6a 3,713,940
7 Capital gain net income (from Part IV, line 2)... 3,713,940
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 2,800 0 2,800
12 Total. Add lines 1 through 11........ 4,290,323 4,221,003 2,800
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 25,000 12,500 0 12,500
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 23,775 0 0 160
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 189,555 94,778 0 94,777
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 238,330 107,278 0 107,437
25 Contributions, gifts, grants paid....... 3,101,716 3,101,716
26 Total expenses and disbursements. Add lines 24 and 25 3,340,046 107,278 0 3,209,153
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 950,277
b Net investment income (if negative, enter -0-) 4,113,725
c Adjusted net income (if negative, enter -0-)... 2,800
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............. 4,793,124 1,408,236 1,408,236
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 12,502,239 Click to see attachment14,881,772 14,881,772
c Investments—corporate bonds (attach schedule)....... 10,757,070 Click to see attachment7,808,422 7,808,422
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 28,052,433 24,098,430 24,098,430
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................. 1,743,295 927,300
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)......... 1,743,295 927,300
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 26,309,138 23,171,130
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 26,309,138 23,171,130
31 Total liabilities and net assets/fund balances (see instructions). 28,052,433 24,098,430
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
26,309,138
2
Enter amount from Part I, line 27a .....................
2
950,277
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
27,259,415
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
4,088,285
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
23,171,130
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 EQUITY INDEX P    
b
c
d
e
(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 3,713,940     3,713,940
b
c
d
e
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       3,713,940
b
c
d
e
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 3,713,940
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 3,713,940
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 3,477,871 26,234,076 0.132571
2013 3,182,109 24,596,477 0.129373
2012 2,232,007 21,982,618 0.101535
2011 2,599,228 19,471,279 0.133490
2010 2,651,625 18,303,845 0.144867
2
Total of line 1, column (d) .....................
20.641836
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
0.128367
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
25,674,921
5
Multiply line 4 by line 3......................
5
3,295,813
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
41,137
7
Add lines 5 and 6........................
7
3,336,950
8
Enter qualifying distributions from Part XII, line 4.............
8
3,209,153
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 82,275
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 82,275
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 82,275
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a  
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 80,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 80,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 1,911
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 4,186
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 taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 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)
    bulletCA
    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 addressbulletWWW.BECHTEL.COM
    14
    The books are in care ofbulletPEGGY H RESTIVO Telephone no.bullet (415) 768-0067

    Located atbullet50 BEALE STREETSAN FRANCISCOCA ZIP+4bullet94105
    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
     
     
    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
    BAILEY MICHAEL C DIRECTOR/SENIOR VP
    0.00     		0 0 0
    50 BEALE STREET
    SAN FRANCISCO,CA94105
    WHEELESS CHARLENE A DIRECTOR/PRINCIPAL VP
    0.00     		0 0 0
    50 BEALE STREET
    SAN FRANCISCO,CA94105
    DESHONG JOHN K PRINCIPAL VP
    0.00     		0 0 0
    50 BEALE STREET
    SAN FRANCISCO,CA94105
    SPARKS M ANETTE PRINCIPAL VP & CONTROLLER
    0.00     		0 0 0
    50 BEALE STREET
    SAN FRANCISCO,CA94105
    quazzo mary w VP & SECRETARY
    0.00     		0 0 0
    50 BEALE STREET
    SAN FRANCISCO,CA94105
    lang leeanne m assistant secretary
    0.00     		0 0 0
    50 BEALE STREET
    SAN FRANCISCO,CA94105
    perrou eldyne s assistant secretary
    0.00     		0 0 0
    50 BEALE STREET
    SAN FRANCISCO,CA94105
    schafer kimberley c assistant secretary
    0.00     		0 0 0
    50 BEALE STREET
    SAN FRANCISCO,CA94105
    restivo peggy h assistant controller
    0.00     		0 0 0
    50 BEALE STREET
    SAN FRANCISCO,CA94105
    MAHESHWARI ANSHUL ASSISTANT TREASURER
    0.00     		0 0 0
    50 BEALE STREET
    SAN FRANCISCO,CA94105
    BAKER KIMBERLY A ASSISTANT CONTROLLER
    0.00     		0 0 0
    50 BEALE STREET
    SAN FRANCISCO,CA94105
    LEADER KEVIN C PRINCIPAL VP & TREASURER
    0.00     		0 0 0
    50 BEALE STREET
    SAN FRANCISCO,CA94105
    DAWSON PETER A PRESIDENT/DIRECTOR
    0.00     		0 0 0
    50 BEALE STREET
    SAN FRANCISCO,CA94105
    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
    25,372,392
    b
    Average of monthly cash balances.......................
    1b
    693,518
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    26,065,910
    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
    26,065,910
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    390,989
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    25,674,921
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,283,746
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    1,283,746
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    82,275
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    82,275
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,201,471
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,201,471
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,201,471
    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
    3,209,153
    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
    3,209,153
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,209,153
    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 1,201,471
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 1,751,631
    b From 2011...... 1,656,364
    c From 2012...... 1,147,332
    d From 2013...... 1,987,611
    e From 2014...... 2,190,427
    fTotal of lines 3a through e........ 8,733,365
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 3,209,153
    a Applied to 2014, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2015 distributable amount..... 1,201,471
    e Remaining amount distributed out of corpus 2,007,682
    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 10,741,047
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		1,751,631
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		8,989,416
    10 Analysis of line 9:
    a Excess from 2011.... 1,656,364
    b Excess from 2012.... 1,147,332
    c Excess from 2013.... 1,987,611
    d Excess from 2014.... 2,190,427
    e Excess from 2015.... 2,007,682
    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:
    BECHTEL GROUP FOUNDATION
    50 BEALE STREET
    SAN FRANCISCO,CA94105
    (415) 768-7158
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN SUBMISSIONS SHOULD INCLUDE PROOf OF IRS EXEMPTION AND OTHER DOCUMENTS.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NO RELIGIOUS, ENTERTAINMENT, OR LIMITED INTEREST GROUPS. FOCUS IS ON GIVING TO COMMUNITIES WORLDWIde WITH BECHTEL OFFICES OR PRoJECTS, ANd ON MATHEMATICS, SCIENCES AND ENGINEERING.
    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
    Alfred University
    1 Saxon Drive
    NEW YORK,NY14802     		NONE PC EDUCATION 125
    American Friends of Un Techo Para Mi Pais
    2050 SW 22nd Street Suite 306
    Miami,FL33145     		NONE PC Disaster Relief 17,500
    American Red Cross
    431 18th Street NW Third Floor
    Washington,DC20006     		NONE PC Disaster Relief 66,906
    Association of Graudates of the USMA
    698 Mills Road West Point
    NEW YORK,NY10996     		NONE PC EDUCATION 1,200
    Babson College
    231 Forest Street PO Box 57310
    BABSON PARK,MA02457     		NONE PC Education 200
    Binghamton University
    New York at Binghampton PO Box 6005
    Binghamton
    NEW YORK,NY139026005     		NONE PC Education 600
    Bloomsburg University Foundation
    50 East Main Street
    Bloomsburg,PA17815     		NONE PC EDUCATION 1,000
    Bowling Green State University
    Mileti Alumni Center
    Bowling Green,OH43403     		NONE PC Education 1,000
    Brazosport College
    500 College Drive
    Lake Jackson,TX77566     		NONE PC Education 250
    Bridges to Prosperity
    1031 33rd Street Suite 170
    Denver,CO80205     		NONE PC Social Service 30,000
    Bridgewater State University
    PO Box 42
    St Bridgewater,MA02324     		NONE PC Education 250
    Brigham Young University
    PO Box 27188
    Provo,UT846027188     		NONE PC Education 100
    Broome Community College
    PO Box 1017
    Binghamton,NY13902     		NONE PC Education 250
    Bucknell University
    301 Market Street Suite 2
    Lewisburg,PA17837     		NONE PC Education 1,750
    Cal Poly State University Foundation
    One Grand Ave Suite 01 413
    San Louis Obispo,CA934070443     		NONE PC Education 500
    California State University - Long Beach
    6300 State University DrIVE Suite
    332
    Long Beach,CA90815     		NONE PC Education 125
    Carnegie Mellon University
    6 PPG Place 11th Floor
    Pittsburg,PA152225409     		NONE PC Education 2,700
    Carson-Newman University
    1646 Russell Avenue
    Jefferson City,TN37760     		NONE PC Education 1,000
    Catholic University of America
    620 Michigan Avenue NE 15 Marist
    Hall
    Washington,DC20064     		NONE PC Education 1,550
    Charities Aid Foundation America
    Kings Street Station 1800 Diagonal
    Road Suite 150
    Alexandria,VA22314     		NONE PC Social Service 75,000
    Chatham University
    University Advancement Woodland
    Road
    Pittsburgh,PA15232     		NONE PC Education 125
    City College of New York
    160 Convent Avenue Room 166
    NEW YORK,NY10031     		NONE PC Disaster Relief 250
    Clarkson University
    PO Box 5510
    Postdam,NY13699     		NONE PC Education 3,350
    Clemson University
    PO Box 1529
    Clemson,SC29633     		NONE PC Education 1,800
    Cleveland Clinic Foundation
    PO Box 931517
    Cleveland,OH44193     		NONE PC Education 250
    College of Saint Rose
    432 Western Avenue
    Albany,NY12203     		NONE PC Education 125
    Columbia University
    622 West 113th Street Mail Code
    4524
    NEW YORK,NY10025     		NONE PC Education 650
    Concordia College
    171 White Plains Road
    NEW YORK,NY10708     		NONE PC Education 100
    Cornell University
    130 E Seneca Street Suite 400
    Ithaca
    Bronxville,NY14850     		NONE PC Education 500
    Discover E
    1420 King Street
    Alexandria,VA22314     		NONE PC EDUCATION 375,000
    Duke University
    PO Box 90581
    Durham,NC277080581     		NONE PC Education 1,600
    Duquesne University
    406 Administration Building
    Pittsburgh,PA15282     		NONE PC Education 100
    Embry-Riddle Aeronautical University
    600 S Clyde Morris Blvd
    Daytona Beach,FL321143900     		NONE PC Education 250
    Empire State College
    111 West Avenue
    Saratoga Springs,NY12866     		NONE PC Education 150
    Emporia State University Foundation
    1500 Highland Street
    Emporia,KS66801     		NONE PC Social Service 300
    Engineers Without Borders - USA
    1031 33rd Street Suite 210
    Denver,CO80205     		NONE PC Social Service 325,000
    Engineers Without Borders - International
    1031 33rd Street Suite 210
    Denver,CO80205     		NONE PC Social Service 45,000
    Evergreen State College
    2700 Evergreen Parkway NW
    Olympia,WA98505     		NONE PC Education 150
    Fairfield University
    1073 North Benson Road
    Fairfield,CT06824     		NONE PC Education 100
    FIRST
    200 Bedford Street
    MANCHESTER,NH03101     		NONE PC Education 750,000
    Franklin W Olin College of Engineering
    1000 Olin Way
    Needham,MA02492     		NONE PC Education 100
    Frostburg State University Foundation
    101 Braddock Road
    Frostburg,MD21532     		NONE PC Education 100
    Geneva College
    3200 College Avenue Beaver Falls
    Beaver Falls,PA15010     		NONE PC Education 1,125
    Georgetown University
    Gift Processing Dept 0734
    Washington,DC200730734     		NONE PC Education 1,000
    Georgia Tech Foundation
    190 North Avenue
    Atlanta,GA30313     		NONE PC Education 200
    Gettysburg College
    300 N Washington Street
    Gettysburg,PA17325     		NONE PC Education 200
    Grove City College
    100 Campus Drive - Development
    Grove City,PA16127     		NONE PC Education 200
    Hamitlton College
    198 College Hill Road
    Clinton,NY13323     		NONE PC Education 200
    Hartwick College
    PO Box 400
    Oneonta,NY13820     		NONE PC Education 500
    Harvard University
    124 Mount Auburn Street
    Cambridge,MA021385762     		NONE PC Education 250
    Harvey Mudd College
    301 Platt Boulevard
    Claremont,CA91711     		NONE PC Education 2,000
    Hillsdale College
    33 East College Street
    Hillsdale,MI49242     		NONE PC Education 120
    Hood College
    401 Rosemont Avenue
    Frederick,MD21701     		NONE PC Education 125
    Hope College
    PO Box 9000
    Holland,MI494229000     		NONE PC Education 100
    Idaho State University
    Campus MSC 8050 921 South 8th
    Avenue
    Pocatello,ID832019962     		NONE PC Education 400
    Indiana Institute of Technology
    1600 E Washington Boulevard
    Fort Wayne,IN46803     		NONE PC Education 150
    International Rescue Committee
    122 East 42nd Street
    NEW YORK,NY10168     		NONE PC Education 50,000
    Iowa State University
    2505 University Boulevard PO Box
    2230
    Ames,IA500102230     		NONE PC Education 1,400
    Johns Hopkins University
    3910 Keswick Road suite N2100
    Baltimore,MD21211     		NONE PC Education 500
    Junior Achievement Worldwide
    c/o WeWork 745 Atlantic Avenue
    Boston,MA02111     		NONE PC Education 580,000
    Kalamazoo College
    1200 Academy Street
    Kalamazoo,MI490063295     		NONE PC Education 250
    Kansas State University
    2323 Anderson Avenue Suite 500
    Manhattan,KS66502     		NONE PC Education 350
    Kansas State University Foundation
    1800 Kimball
    Manhattan,KS66502     		NONE PC Education 100
    Le Tourneau University
    PO Box 7333
    Longview,TX75607     		NONE PC Education 200
    Lehigh University
    622 Brodhead Avenue
    Bethlehem,PA180153055     		NONE PC Education 1,600
    Lewis & Clark Law School
    0615 SW Palatine Hill Road MSC 88
    Portland,OR97219     		NONE PC Education 100
    Loras College
    1450 Alta Vista Street PO Box 178
    Dubuque,IA520040178     		NONE PC Education 500
    Loyola University Maryland
    4501 N Charles Street
    Baltimore,MD21210     		NONE PC Education 100
    Lycoming College
    700 College Place PO Box 165
    Williamsport,PA17701     		NONE PC Education 100
    Macalester College
    1600 Grand Avenue
    St Paul,MN55105     		NONE PC Education 1,000
    Marist College
    3399 North Road
    Poughkeepsie,NY12601     		NONE PC Education 100
    Marquette University
    PO Box 1881
    Milwaukee,WI532011881     		NONE PC Education 500
    Martin Luther College
    1995 Luther Court
    New Ulm,MN56073     		NONE PC Education 1,000
    Massachusetts Institute of Technology
    600 Memorial Drive W98-308
    Cambridge,MA021394822     		NONE PC Education 2,600
    Medical University of South Carolina Foundation
    18 Bee Street PO Box 250450
    Charleston,SC29425     		NONE PC Education 100
    Michigan State University
    535 Chestnut Road East
    Lansing,MI48824     		NONE PC Education 350
    Michigan Tech Fund
    1400 Townsend Drive
    Houghton,MI49931     		NONE PC Education 385
    Michigan Tech University
    1400 Townsend Drive
    Houghton,MI49931     		NONE PC Education 200
    Millersville University
    PO Box 1002
    Millersville,PA17551     		NONE PC Education 250
    Mission Edge San Diego
    2251 San Diego Avenue Suite B204
    San Diego,CA92100     		NONE PC Education 50,000
    Mississippi State University
    PO Box 6149
    Mississippi,MS39762     		NONE PC Education 1,100
    Missouri University of Science & Technology
    112 Campus Supt Facility
    Rolla,MO654091320     		NONE PC Education 500
    Molloy College
    1000 Hempstead Avenue
    Rockville Centre,NY11571     		NONE PC Education 100
    Montgomery College Foundation
    40 West Gude Drive Suite 220
    Rockville,MD208501194     		NONE PC Social Service 150
    Moravian College
    1200 Main Street
    Bethlehem,PA18018     		NONE PC Education 100
    NACME
    One North Broadway Suite 601
    White Plains,NY106011813     		NONE PC Education 275,000
    National Math and Science Initiative
    8350 North Central Expressway Suite
    M2200
    DALLAS,TX75206     		NONE PC Education 150,000
    New Mexico State University
    PO Box 3590
    Las Cruces,NM88003     		NONE PC Education 500
    New Teacher Center
    110 Cooper Street 5th Floor
    Santa Cruz,CA95060     		NONE PC Education 150,000
    New York University
    25 W 4th Street 4th Floor
    New York,NY10012     		NONE PC Education 100
    North Carolina State University
    PO Box 7474
    Raleigh,NC276957474     		NONE PC Education 100
    North Dakota State University
    PO Box 5144
    Fargo,ND581055144     		NONE PC Education 300
    Northwestern University
    1201 Davis Street
    Evanston,IL60208     		NONE PC Education 100
    Occidental College
    1600 Campus Road
    Los Angeles,CA90041     		NONE PC Education 1,250
    Ohio State University
    PO Box 710811
    Columbus,OH432710811     		NONE PC Education 3,100
    Oregon State University
    850 SW 35th Street
    Corvallis,OR97333     		NONE PC Education 700
    Pacific Lutheran University
    Office of Development
    Tacoma,WA98447     		NONE PC Education 250
    Pennsylvania State University
    One Old Main
    University Park,PA16802     		NONE PC Education 7,050
    Portland State University Foundation
    PO Box 243
    Portland,OR972070243     		NONE PC Education 100
    Purdue University
    403 West Wood Street West
    Lafayette,IN479072007     		NONE PC Education 350
    Queens College
    65-30 Kissena Boulevard
    Flushing,NY11367     		NONE PC Education 250
    Radford University Foundation Inc
    PO Box 6893
    Radford,VA24142     		NONE PC Education 200
    Regents of the University of Michigan
    DEPT CH 10189
    Palatine,MI600550189     		NONE PC Civic & Cultural 1,200
    Regis University
    3333 Regis Blvd B-16
    Denver,CO802211099     		NONE PC Social Service 200
    Rensselaer Polytechnic Institute
    PO Box 3164
    Boston,MA022413164     		NONE PC Education 1,728
    Rice University
    Matching Gifts-MS-81 6100 Main
    Street
    Houston,TX770051892     		NONE PC Education 1,200
    Robert Morris University
    116 Lomb Memorial Drive
    Rochester,NY146235608     		NONE PC Education 4,000
    Rochester Institute of Technology
    116 Lomb Memorial Drive
    Rochester,NY146235608     		NONE PC Education 700
    Rose-Hulman Institute of Technology
    5500 Wabash Avenue
    Terre Haute,IN47803     		NONE PC Education 1,000
    Rutgers University
    Winants Hall 7 College Avenue
    New Brusnwick,NJ089011261     		NONE PC Education 100
    Saint Anselm College
    100 St Anselm Drive PO Box 1738
    Manchester,NH03102     		NONE PC Education 500
    Saint Joseph's University
    5600 City Avenue Development Office
    Philadelphia,PA19131     		NONE PC Education 771
    Saint Mary's College
    110 Le Mans Hall
    Notre Dame,IN46556     		NONE PC Education 500
    Saint Vincent College
    300 Fraser Purchase Road
    Latrobe,PA156502690     		NONE PC Education 1,100
    Sam Houston State University
    PO Box 2537
    Huntsville,TX773412537     		NONE PC Education 1,000
    San Jose State University
    One Washington Square
    San Jose,CA951920257     		NONE PC Education 2,000
    Schenectady County Community College
    78 Washington Avenue
    Schenectady,NY12305     		NONE PC Education 1,000
    Scholarship America Inc
    One Scholarship Way
    St Peter,MN56082     		NONE PC Education 34,500
    Seton Hill University
    1 Seton Hill Drive
    Greensburg,PA15601     		NONE PC Education 100
    Shippensburg University
    1871 Old Main Drive
    Shippensburg,PA17257     		NONE PC Civic & Cultural 150
    South Dakota School of Mines & Technology
    306 E St Joseph Street
    Rapid City,SD57701     		NONE PC Education 1,000
    South Dakota State University
    815 Medary Avenue PO Box 525
    Brookings,SD57007     		NONE PC Education 1,000
    Southern Illinois University
    Mail Code 6805 SIUC
    Carbondale,IL62901     		NONE PC Education 500
    Spelman College
    350 Spelman Lane SW
    Atlanta,GA303144399     		NONE PC Education 500
    St Lawrence University
    23 Romoda Drive
    Canton,NY13617     		NONE PC Education 150
    Stanford University
    326 Galvez Street PO Box 20466
    STANFORD,CA943090466     		NONE PC Education 450
    Stephen J Austin State University
    SFA Station PO Box 6096
    Nacogdoches,TX75962     		NONE PC Education 500
    Stevens Institute of Technology
    Castle Point on Hudson
    Hoboken,NJ07030     		NONE PC Education 200
    SUNY Polytechnic Institute
    100 Seymour Road
    Utica,NY13502     		NONE PC Education 150
    Susquehanna University
    515 UNIVERSITY AVENUE
    SELINSGROVE,PA17870     		NONE PC Education 100
    Texas A&M - AGGIE Corps of Cadets Association
    1134 Finfeather Road
    Bryan,TX77803     		NONE PC Education 100
    Texas A&M University
    Box 45025
    Lubbock,TX794095025     		NONE PC Education 2,665
    Texas Tech University
    Box 45025
    Lubbock,TX794095025     		NONE PC Education 1,000
    The Citadel
    171 Moultrie Street
    Charleston,SC29409     		NONE PC Education 1,000
    Thiel College
    75 College Avenue
    Greenville,PA16125     		NONE PC Education 400
    Trine University
    1 University Avenue
    Angola,IN46703     		NONE PC Education 1,500
    Trinity University
    One Trinity Place
    San Antonio,TX782127200     		NONE PC Education 100
    Truman State University Foundation
    100 E Normal
    Kirksville,MO63501     		NONE PC Education 500
    Tufts University
    419 Boston Avenue
    Medford,MA02155     		NONE PC Education 100
    Tulane University
    1555 Poydras Street Suite 1000
    New Orleans,LA70112     		NONE PC Education 1,000
    UC Berkeley
    2080 Addison Street SUITE 4200
    Berkeley,CA947204200     		NONE PC Education 3,320
    UNC Charlotte Foundation
    9201 University City Boulevard
    Charlotte,NC28223     		NONE PC Education 150
    Union College
    807 Union Street
    Schenectady,NY12308     		NONE PC Education 1,425
    Union Graduate College
    80 Nott Terrace
    Schenectady,NY12308     		NONE PC Education 350
    University at Buffalo
    Director of Records and Revenues
    Box 900
    Buffalo,NY14226     		NONE PC Education 1,260
    University of Alabama
    PO 870101
    Tuscaloosa,AL354870101     		NONE PC Education 276
    University of Arizona
    1125 N Vine Avenue PO Box 210416
    Tucon,AZ85721     		NONE PC Education 500
    University of Cental Missouri
    Smiser Alumni Center
    Warrensburg,MO64093     		NONE PC Education 1,000
    University of Cincinnati
    PO Box 19970
    Cincinnati,OH452190970     		NONE PC Education 100
    University of Dayton
    300 College Park
    Dayton,OH454692961     		NONE PC Education 150
    University of Delaware
    83 E Main Street 3rd Floor
    Newark,DE19716     		NONE PC Education 250
    University of Florida
    PO Box 14425
    Gainsville,FL326042425     		NONE PC Education 550
    University of Idaho
    875 Perimeter Drive Mail Stop 3147
    Moscow,ID838443147     		NONE PC Education 600
    University of Illinois
    1305 West Green Street
    Urbana,IL618012962     		NONE PC Education 1,250
    University of Kansas
    PO Box 928
    Lawrence,KS66044     		NONE PC Education 100
    University of Kentucky
    343 Waller Avenue Suite 303
    Lexington,KY40504     		NONE PC Education 300
    University of Maine
    Buchanan Alumni House Two Alumni
    Place
    Orono,ME044695792     		NONE PC Education 700
    University of Maryland
    4603 Calvert Road
    College Park,MD20740     		NONE PC Education 4,350
    University of Massachusetts Amherst
    134 Hicks Way Memorial Hall
    Amherst,MA01003     		NONE PC Education 150
    University of Michigan
    DEPT CH 10189
    Palatine,IL600550189     		NONE PC Education 100
    University of New Hampshire
    9 Edgewood Road
    Durham,NH038241934     		NONE PC Education 500
    University of New Mexico
    Two Woodward Center 700 Lomas Blvd
    NE
    Albuquerque,NM871022568     		NONE PC Education 100
    University of Notre Dame
    1100 Grace Hall
    Notre Dame,IN465565612     		NONE PC Education 1,050
    University of Oklahoma
    100 Timberdell Road
    Norman,OK73019     		NONE PC Education 1,000
    University of Pennsylvania
    433 Franklin Building 3451 Walnut
    Street
    Philadelphia,PA19104     		NONE PC Education 100
    University of Pittsburgh
    Park Plaza 128 North Craig Street
    Pittsburgh,PA15260     		NONE PC Education 600
    University of Rochester
    PO Box 270032
    Rochester,NY14627     		NONE PC Education 350
    University of Tennessee
    600 Henley Street B028 UT Conferenc
    Center Building
    KNOXVILLE,TN37902     		NONE PC Education 3,350
    University of Texas - Austin
    PO Box 7458
    Austin,TX78713     		NONE PC Education 1,100
    University of Vermont
    411 Main Street
    Burlington,VT054013470     		NONE PC Education 100
    University of Virginia
    580 Massie Road
    Charlottesville,VA229031789     		NONE PC Education 500
    University of Washington
    Gift Processing PO Box 359505
    Seattle,WA981959505     		NONE PC Education 1,550
    University of Wisconsin - Superior
    PO Box 2000
    Superior,WI548804500     		NONE PC Education 200
    University of Wisconsin
    1848 University Avenue
    Madison,WI53726     		NONE PC Education 250
    USMMA Alumni Foundation Inc
    PO Box 222011
    Great Neck,NY11022     		NONE PC Education 1,200
    Vanderbilt University
    PMB 407727 2301 Vanderbilt Place
    Nashville,TN372407727     		NONE PC Education 500
    Villanova University
    Development Office 800 Lancaster
    Avenue
    Villanova,PA190851673     		NONE PC Education 360
    Virginia Tech Foundation Inc
    902 Prices Fork Road - 0336
    Blacksburg,VA24061     		NONE PC Education 1,875
    Washington & Lee College
    204 W Washington Street
    St Lexington,VA24450     		NONE PC Education 1,000
    Washington State University
    PO Box 641927
    Pullman,WA991641927     		NONE PC Education 550
    Webb Institute
    298 Cresent Beach Road
    Glen Cove,NY11542     		NONE PC Education 3,350
    Wellesley College
    106 Central Street
    Wellesley,MA02481     		NONE PC Education 250
    Wentworth Institute of Technology
    550 Huntington Avenue
    Boston,MA02115     		NONE PC Education 100
    West Liberty University Foundation
    208 University Drive
    West Liberty,WV26074     		NONE PC Education 200
    West Virginia University
    PO Box 1650
    Morgantown,WV26507     		NONE PC Education 525
    Williams College
    75 Park Street
    Williamstown,MA01267     		NONE PC Education 500
    Worcester Polytechnic Institute
    100 Institute Road
    Worcester,MA01609     		NONE PC Education 850
    Xavier University
    3800 Victory Parkway
    Cincinnati,OH452075132     		NONE PC Education 1,000
    Yale University
    PO Box 2038
    New Haven,CT065212038     		NONE PC Education 400
    Youngstown State University
    One University Plaza
    Younstown,OH44555     		NONE PC Education 100
    Youngstown State University
    606 Wick Avenue
    Younstown,OH44502     		NONE PC Education 100
    Total .................................bullet 3a 3,101,716
    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 ...........     		    14 899  
    4 Dividends and interest from securities....     14 506,164  
    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 3,713,940  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aGRANT RECOVERY     		        2,800
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 4,221,003 2,800
    13Total. Add line 12, columns (b), (d), and (e)..................
    134,223,803
    (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.)
    11A GRANT RECOVERY
    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
    Bechtel Group Foundation
     
    Employer identification number

    94-6078120
    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
    Bechtel Group Foundation
          		Employer identification number
    94-6078120
    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
    BECHTEL CORPORATION
     

       
    50 BEALE STREET
     
    SAN FRANCISCO, CA94105

    		$ 66,520


    (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
    Bechtel Group Foundation
          		Employer identification number

    94-6078120
    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
    Bechtel Group Foundation
          		Employer identification number

    94-6078120
    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 GeneralExplanationAttachment
    Name:
    Bechtel Group Foundation
    EIN:
    94-6078120
    Identifier Return Reference Explanation
    Tangible Property Regulations Election Statements Form 990-PF Pursuant to the small business exception under Section 10.11(6)(b)(iii) of Rev. Proc/ 2015-20, the Taxpayer is changing to adopt the final Tangible Property Regulations prospectively with its tax year beginning January 1, 2014, and without filing a Form 3115.Taxpayer hereby makes the De Minimis Safe Harbor Election under Treas. Reg. 1.263(a)-1(f) for all eligible amounts paid or incurred during the taxable year.Taxpayer hereby elects to capitalize repairs and maintenance costs under Treas. Reg. 1.263(a)-1(n). The costs were incurred during the taxable year in the electing Taxpayer's trade or business and the electing taxpayer treats such costs as capital expenditure on its books and records.

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    Bechtel Group Foundation
    EIN:
    94-6078120
    Name of Bond End of Year Book Value End of Year Fair Market Value
    corporate bonds 7,808,422 7,808,422

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    Bechtel Group Foundation
    EIN:
    94-6078120
    Name of Stock End of Year Book Value End of Year Fair Market Value
    corporate stock 14,881,772 14,881,772

    TY 2015 OtherDecreasesSchedule
    Name:
    Bechtel Group Foundation
    EIN:
    94-6078120
    Description Amount
    unrealized LOSS 4,088,285


    TY 2015 OtherExpensesSchedule
    Name:
    Bechtel Group Foundation
    EIN:
    94-6078120
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATIVE EXPENSE 189,555 94,778 0 94,777


    TY 2015 OtherIncomeSchedule2
    Name:
    Bechtel Group Foundation
    EIN:
    94-6078120
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    GRANT RECOVERY 2,800   2,800


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    Bechtel Group Foundation
    EIN:
    94-6078120
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES 25,000 12,500 0 12,500


    TY 2015 TaxesSchedule
    Name:
    Bechtel Group Foundation
    EIN:
    94-6078120
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    tax expense 23,775 0 0 160