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
SMITH FAMILY LEGACY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 861
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MORRISON, CO804650861
A Employer identification number

20-5002466
B Telephone number (see instructions)

(303) 763-9250
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$1,929,691J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 7,135 7,135  
4 Dividends and interest from securities... 36,761 36,761  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,931
b Gross sales price for all assets on line 6a 456,557
7 Capital gain net income (from Part IV, line 2)... 6,931
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 23 23  
12 Total. Add lines 1 through 11........ 50,850 50,850  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,500 3,500    
c Other professional fees (attach schedule).... Click to see attachment 8,341 8,341    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 14,603      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 26,444 11,841   0
25 Contributions, gifts, grants paid....... 74,500 74,500
26 Total expenses and disbursements. Add lines 24 and 25 100,944 11,841   74,500
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -50,094
b Net investment income (if negative, enter -0-) 39,009
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......... 205,924 21,470 21,470
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)....... 1,225,468 Click to see attachment1,394,841 1,904,123
c Investments—corporate bonds (attach schedule)....... 40,013 Click to see attachment5,000 4,098
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) 1,471,405 1,421,311 1,929,691
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 1,471,405 1,421,311
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)..... 1,471,405 1,421,311
31 Total liabilities and net assets/fund balances (see instructions). 1,471,405 1,421,311
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
1,471,405
2
Enter amount from Part I, line 27a .....................
2
-50,094
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,421,311
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,421,311
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 50 SHS MEDTRONIC P 2006-11-13 2015-01-27
b 50 SHS HOSPIRA P 2014-02-13 2015-03-16
c 6 SHS DANAHER CORP P 2008-02-12 2015-03-20
d 33.8726 SHS ADAMS NATURAL RESOURCES P 2009-06-01 2015-05-21
e 100 SHS RALLY SOFTWARE P 2014-11-25 2015-05-28
500 SHS CHESAPEAKE ENERGY P 2015-05-21 2015-10-27
100 SHS SCHLUMBERGER P 2014-11-25 2015-10-27
100 SHS ROYCE MICRO-CAP TR (CL END) P 2014-12-26 2015-10-27
75 SHS WHITING PETROLEUM P 2014-11-25 2015-11-30
100 SHS EVERTEC INC P 2013-09-20 2015-12-24
125 SHS HAEMONETICS CORP P 2013-09-05 2015-12-31
50 SHS MEDTRONIC P 2007-09-10 2015-01-27
100 SHS HOSPIRA P 2014-02-13 2015-03-16
94 SHS DANAHER CORP P 2008-02-12 2015-03-20
50 SHS UNITED TECHNOLOGIES P 2008-05-14 2015-05-21
100 SHS RALLY SOFTWARE P 2014-11-25 2015-05-28
100 SHS CHESAPEAKE ENERGY P 2015-03-16 2015-10-27
250 SHS ROYCE MICRO-CAP TR (CL END) P 2014-09-04 2015-10-27
196 SHS TEMPLETON DRAGON(CL END) P 2007-10-23 2015-10-27
100 SHS WHITING PETROLEUM P 2011-08-31 2015-11-30
100 SHS EVERTEC INC P 2013-09-20 2015-12-24
75 SHS HAEMONETICS CORP P 2014-02-13 2015-12-31
50 SHS MEDTRONIC P 2007-10-23 2015-01-27
50 SHS DU PONT E I DE NEMOURS P 2010-11-18 2015-03-16
0.0275 SHS GOOGLE CL C P 2014-11-25 2015-05-04
100 SHS UNITED TECHNOLOGIES P 2008-03-20 2015-05-21
200 SHS RALLY SOFTWARE P 2014-11-25 2015-05-28
250 SHS CHESAPEAKE ENERGY P 2015-03-16 2015-10-27
100 SHS ROYCE MICRO-CAP TR (CL END) P 2014-02-13 2015-10-27
4 SHS TEMPLETON DRAGON(CL END) P 2007-10-23 2015-10-27
100 SHS WHITING PETROLEUM P 2012-06-22 2015-11-30
50 SHS EVERTEC INC P 2013-09-20 2015-12-24
100 SHS HAEMONETICS CORP P 2014-11-25 2015-12-31
50 SHS MEDTRONIC P 2007-10-29 2015-01-27
50 SHS DU PONT E I DE NEMOURS P 2011-12-13 2015-03-16
0.0412 SHS GOOGLE CL C P 2008-03-20 2015-05-04
100 SHS ROYCE VALUE TRUST(CL END) P 2014-09-04 2015-05-21
19 SHS RALLY SOFTWARE P 2014-11-25 2015-05-28
200 SHS ADAMS NATURAL RESOURCES P 2009-06-01 2015-10-27
150 SHS ROYCE MICRO-CAP TR (CL END) P 2014-02-13 2015-10-27
100 SHS TEMPLETON DRAGON(CL END) P 2007-09-28 2015-10-27
100 SHS ECHO GLOBAL LOGISTICS P 2015-05-21 2015-11-30
50 SHS EVERTEC INC P 2015-03-16 2015-12-24
50 SHS MEDTRONIC P 2009-03-13 2015-01-27
50 SHS DU PONT E I DE NEMOURS P 2011-12-13 2015-03-16
75 SHS PEPSICO P 2008-03-20 2015-05-21
100 SHS ROYCE VALUE TRUST(CL END) P 2014-09-04 2015-05-21
1.237 SHS VANGUARD SHORT-TERM INV GR P 2010-03-30 2015-09-16
66.1274 SHS ADAMS NATURAL RESOURCES P 2009-06-01 2015-10-27
300 SHS ROYCE MICRO-CAP TR (CL END) P 2014-11-25 2015-10-27
300 SHS TEMPLETON DRAGON(CL END) P 2007-12-14 2015-10-27
100 SHS ECHO GLOBAL LOGISTICS P 2015-05-21 2015-11-30
50 SHS EVERTEC INC P 2015-03-16 2015-12-24
125 SHS VARIAN MEDICAL SYSTEMS P 2013-09-05 2015-01-29
150 SHS CENTURYLINK INC P 2013-01-29 2015-03-16
75 SHS PEPSICO P 2009-01-16 2015-05-21
100 SHS ROYCE VALUE TRUST(CL END) P 2014-09-04 2015-05-21
941.132 SHS VANGUARD SHORT-TERM INV P 2009-12-30 2015-09-16
52.8726 SHS ADAMS NATURAL RESOURCES P 2009-06-01 2015-10-27
100 SHS ROYCE MICRO-CAP TR (CL END) P 2014-11-25 2015-10-27
300 SHS TEMPLETON DRAGON(CL END) P 2007-12-26 2015-10-27
0.8929 SHS ROYCE MICRO-CAP TR (CL EN P 2014-12-26 2015-12-11
150 SHS EVERTEC INC P 2015-03-16 2015-12-24
19 SHS PRICE T ROWE GROUP INC P 2009-04-09 2015-03-16
75 SHS CENTURYLINK INC P 2013-02-14 2015-03-16
4.2142 SHS ADAMS NATURAL RESOURCES P 2009-10-16 2015-05-21
100 SHS ROYCE VALUE TRUST(CL END) P 2014-02-13 2015-05-21
1417.054 SHS VANGUARD SHORT-TERM INV P 2009-10-16 2015-09-16
47.1274 SHS ADAMS NATURAL RESOURCES P 2009-06-01 2015-10-27
100 SHS ROYCE MICRO-CAP TR (CL END) P 2014-11-25 2015-10-27
100 SHS TEMPLETON DRAGON(CL END) P 2007-09-17 2015-10-27
150 SHS CABELAS P 2014-09-04 2015-12-17
100 SHS EVERTEC INC P 2015-03-16 2015-12-24
81 SHS PRICE T ROWE GROUP INC P 2009-04-09 2015-03-16
100 SHS MS INDIA INVESTMENT (CL END) P 2013-12-02 2015-03-16
100 SHS ADAMS NATURAL RESOURCES P 2009-10-16 2015-05-21
75 SHS ROYCE VALUE TRUST(CL END) P 2014-02-13 2015-05-21
956.472 SHS VANGUARD SHORT-TERM INV P 2009-08-24 2015-09-16
200 SHS ADAMS NATURAL RESOURCES P 2009-08-24 2015-10-27
100 SHS ROYCE MICRO-CAP TR (CL END) P 2013-01-29 2015-10-27
75 SHS TEMPLETON DRAGON(CL END) P 2007-09-10 2015-10-27
100 SHS CABELAS P 2014-11-25 2015-12-17
7 SHS EVERTEC INC P 2015-03-16 2015-12-24
35 SHS PRICE T ROWE GROUP INC P 2009-04-09 2015-03-16
100 SHS MS INDIA INVESTMENT (CL END) P 2013-12-02 2015-03-16
0.7565 SHS ADAMS NATURAL RESOURCES P 2011-12-27 2015-05-21
25 SHS ROYCE VALUE TRUST(CL END) P 2014-11-25 2015-05-21
793 SHS AMG 5.25% 10/15/22 P 2015-02-11 2015-10-22
96 SHS ADAMS NATURAL RESOURCES P 2009-12-28 2015-10-27
100 SHS ROYCE MICRO-CAP TR (CL END) P 2013-01-29 2015-10-27
425 SHS TEMPLETON DRAGON(CL END) P 2006-11-13 2015-10-27
150 SHS AKAMAI TECH P 2015-03-16 2015-12-17
41 SHS EVERTEC INC P 2015-03-16 2015-12-24
50 SHS MEDTRONIC PLC P 2015-01-27 2015-03-16
33 SHS MS INDIA INVESTMENT (CL END) P 2013-12-02 2015-03-16
11.3495 SHS ADAMS NATURAL RESOURCES P 2011-12-27 2015-05-21
100 SHS ROYCE VALUE TRUST(CL END) P 2014-11-25 2015-05-21
3 SHS AMG 5.25% 10/15/22 P 2015-02-10 2015-10-22
16 SHS ADAMS NATURAL RESOURCES P 2009-12-28 2015-10-27
100 SHS ROYCE MICRO-CAP TR (CL END) P 2013-01-29 2015-10-27
275 SHS ROYCE VALUE TRUST(CL END) P 2014-11-25 2015-10-27
50 SHS QUALCOMM P 2014-09-04 2015-12-17
52 SHS EVERTEC INC P 2015-03-16 2015-12-24
50 SHS MEDTRONIC PLC P 2015-01-27 2015-03-16
67 SHS MS INDIA INVESTMENT (CL END) P 2011-12-30 2015-03-16
114.251 SHS ADAMS NATURAL RESOURCES P 2011-12-27 2015-05-21
100 SHS MS INDIA INVESTMENT (CL END) P 2011-12-30 2015-05-21
4 SHS AMG 5.25% 10/15/22 P 2015-02-10 2015-10-22
6 SHS ADAMS NATURAL RESOURCES P 2009-12-28 2015-10-27
125 SHS ROYCE MICRO-CAP TR (CL END) P 2013-01-29 2015-10-27
350 SHS ROYCE VALUE TRUST(CL END) P 2013-01-29 2015-10-27
100 SHS QUALCOMM P 2015-03-16 2015-12-17
50 SHS EVERTEC INC P 2015-03-16 2015-12-24
50 SHS MEDTRONIC PLC P 2015-01-27 2015-03-16
100 SHS MS INDIA INVESTMENT (CL END) P 2011-12-30 2015-03-16
74 SHS ADAMS NATURAL RESOURCES P 2012-12-27 2015-05-21
245 SHS MS INDIA INVESTMENT (CL END) P 2011-12-30 2015-05-21
200 SHS AMG 5.25% 10/15/22 P 2015-02-10 2015-10-22
8.9679 SHS ADAMS NATURAL RESOURCES P 2012-06-04 2015-10-27
75 SHS ROYCE MICRO-CAP TR (CL END) P 2013-01-29 2015-10-27
75 SHS ROYCE VALUE TRUST(CL END) P 2014-12-26 2015-10-27
100 SHS EVERTEC INC P 2015-05-21 2015-12-24
50 SHS EVERTEC INC P 2014-11-25 2015-12-24
50 SHS MEDTRONIC PLC P 2015-01-27 2015-03-16
100 SHS MS INDIA INVESTMENT (CL END) P 2011-12-30 2015-03-16
5.7781 SHS ADAMS NATURAL RESOURCES P 2010-03-02 2015-05-21
200 SHS RALLY SOFTWARE P 2014-11-25 2015-05-28
100 SHS CHESAPEAKE ENERGY P 2009-10-16 2015-10-27
12.617 SHS ADAMS NATURAL RESOURCES P 2010-09-02 2015-10-27
25 SHS ROYCE MICRO-CAP TR (CL END) P 2014-12-26 2015-10-27
100 SHS DISCOVERY COMM SR C P 2014-07-10 2015-11-30
150 SHS EVERTEC INC P 2015-05-21 2015-12-24
100 SHS EVERTEC INC P 2014-11-25 2015-12-24
50 SHS MEDTRONIC PLC P 2015-01-27 2015-03-16
155 SHS MS INDIA INVESTMENT (CL END) P 2011-12-30 2015-03-16
3.4669 SHS ADAMS NATURAL RESOURCES P 2010-03-02 2015-05-21
200 SHS RALLY SOFTWARE P 2014-11-25 2015-05-28
100 SHS CHESAPEAKE ENERGY P 2009-06-01 2015-10-27
13.237 SHS ADAMS NATURAL RESOURCES P 2010-06-02 2015-10-27
100 SHS ROYCE MICRO-CAP TR (CL END) P 2014-12-26 2015-10-27
200 SHS DISCOVERY COMM SR C P 2014-07-10 2015-11-30
50 SHS EVERTEC INC P 2013-09-20 2015-12-24
100 SHS EVERTEC INC P 2014-11-25 2015-12-24
100 SHS HOSPIRA P 2014-02-13 2015-03-16
100 SHS DANAHER CORP P 2007-10-29 2015-03-20
2.3112 SHS ADAMS NATURAL RESOURCES P 2010-03-02 2015-05-21
181 SHS RALLY SOFTWARE P 2014-11-25 2015-05-28
500 SHS CHESAPEAKE ENERGY P 2010-11-23 2015-10-27
0.0507 SHS ADAMS NATURAL RESOURCES P 2009-01-16 2015-10-27
100 SHS ROYCE MICRO-CAP TR (CL END) P 2014-12-26 2015-10-27
200 SHS DISCOVERY COMM SR C P 2014-11-25 2015-11-30
200 SHS EVERTEC INC P 2013-09-20 2015-12-24
25 SHS HAEMONETICS CORP P 2013-09-05 2015-12-31
(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 3,847   2,473 1,374
b 4,378   2,212 2,166
c 523   222 301
d 825   779 46
e 1,939   979 960
3,334   7,482 -4,148
7,693   9,649 -1,956
793   1,008 -215
1,227   4,223 -2,996
1,685   2,281 -596
4,055   5,003 -948
3,847   2,711 1,136
8,756   4,425 4,331
8,197   3,479 4,718
5,968   3,789 2,179
1,939   979 960
667   1,398 -731
1,984   3,170 -1,186
3,933   6,817 -2,884
1,636   4,666 -3,030
1,685   2,281 -596
2,433   2,883 -450
3,848   2,375 1,473
3,849   2,339 1,510
15   15  
11,936   6,899 5,037
3,878   1,957 1,921
1,667   3,496 -1,829
793   1,218 -425
80   139 -59
1,636   3,769 -2,133
842   1,140 -298
3,244   3,749 -505
3,847   2,407 1,440
3,849   2,177 1,672
23   9 14
1,445   1,593 -148
368   186 182
3,970   4,600 -630
1,190   1,828 -638
2,006   3,172 -1,166
2,370   3,089 -719
842   1,106 -264
3,848   1,429 2,419
3,849   2,177 1,672
7,290   5,310 1,980
1,445   1,593 -148
13   13  
1,313   1,521 -208
2,381   3,632 -1,251
6,019   9,366 -3,347
2,370   3,089 -719
842   1,106 -264
11,730   8,982 2,748
5,168   6,106 -938
7,290   3,832 3,458
1,445   1,593 -148
9,973   10,000 -27
1,049   1,216 -167
794   1,211 -417
6,019   9,243 -3,224
6   9 -3
2,527   3,318 -791
1,583   613 970
2,584   2,430 154
103   105 -2
1,445   1,550 -105
15,017   15,000 17
937   1,084 -147
793   1,211 -418
2,006   2,920 -914
6,972   9,116 -2,144
1,684   2,212 -528
6,749   2,613 4,136
2,829   1,666 1,163
2,436   2,499 -63
1,083   1,162 -79
10,136   10,000 136
3,978   4,530 -552
793   1,021 -228
1,505   2,122 -617
4,648   5,299 -651
118   155 -37
2,916   1,129 1,787
2,829   1,666 1,163
18   19 -1
361   385 -24
19,825   20,508 -683
1,909   2,164 -255
793   1,021 -228
8,527   10,296 -1,769
7,948   10,816 -2,868
691   907 -216
3,872   3,847 25
933   550 383
277   282 -5
1,445   1,539 -94
75   78 -3
318   361 -43
794   1,021 -227
3,289   4,232 -943
2,387   3,761 -1,374
876   1,150 -274
3,872   3,847 25
1,895   925 970
2,784   2,835 -51
2,710   1,380 1,330
100   103 -3
119   135 -16
992   1,277 -285
4,186   5,083 -897
4,774   7,001 -2,227
842   1,106 -264
3,872   3,847 25
2,829   1,381 1,448
1,803   1,766 37
6,641   3,381 3,260
5,000   5,169 -169
178   201 -23
595   766 -171
897   1,070 -173
1,685   2,293 -608
842   1,102 -260
3,872   3,848 24
2,829   1,381 1,448
141   136 5
3,878   1,962 1,916
667   2,715 -2,048
251   274 -23
198   252 -54
2,963   3,854 -891
2,527   3,439 -912
1,684   2,203 -519
3,872   3,848 24
4,384   2,139 2,245
84   82 2
3,878   1,962 1,916
667   2,319 -1,652
263   273 -10
794   1,008 -214
5,927   7,709 -1,782
842   1,140 -298
1,684   2,203 -519
8,757   4,425 4,332
8,720   4,201 4,519
56   54 2
3,510   1,775 1,735
3,334   10,364 -7,030
1   1  
794   1,008 -214
5,927   6,863 -936
3,369   4,561 -1,192
810   1,001 -191
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       1,374
b       2,166
c       301
d       46
e       960
      -4,148
      -1,956
      -215
      -2,996
      -596
      -948
      1,136
      4,331
      4,718
      2,179
      960
      -731
      -1,186
      -2,884
      -3,030
      -596
      -450
      1,473
      1,510
       
      5,037
      1,921
      -1,829
      -425
      -59
      -2,133
      -298
      -505
      1,440
      1,672
      14
      -148
      182
      -630
      -638
      -1,166
      -719
      -264
      2,419
      1,672
      1,980
      -148
       
      -208
      -1,251
      -3,347
      -719
      -264
      2,748
      -938
      3,458
      -148
      -27
      -167
      -417
      -3,224
      -3
      -791
      970
      154
      -2
      -105
      17
      -147
      -418
      -914
      -2,144
      -528
      4,136
      1,163
      -63
      -79
      136
      -552
      -228
      -617
      -651
      -37
      1,787
      1,163
      -1
      -24
      -683
      -255
      -228
      -1,769
      -2,868
      -216
      25
      383
      -5
      -94
      -3
      -43
      -227
      -943
      -1,374
      -274
      25
      970
      -51
      1,330
      -3
      -16
      -285
      -897
      -2,227
      -264
      25
      1,448
      37
      3,260
      -169
      -23
      -171
      -173
      -608
      -260
      24
      1,448
      5
      1,916
      -2,048
      -23
      -54
      -891
      -912
      -519
      24
      2,245
      2
      1,916
      -1,652
      -10
      -214
      -1,782
      -298
      -519
      4,332
      4,519
      2
      1,735
      -7,030
       
      -214
      -936
      -1,192
      -191
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 6,931
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 -14,964
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 70,500 1,645,248 0.042851
2013 65,014 1,442,031 0.045085
2012 66,758 1,325,446 0.050366
2011 60,843 1,339,424 0.045425
2010 51,133 1,218,603 0.041960
2
Total of line 1, column (d) .....................
20.225687
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
0.045137
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
2,050,842
5
Multiply line 4 by line 3......................
5
92,569
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
390
7
Add lines 5 and 6........................
7
92,959
8
Enter qualifying distributions from Part XII, line 4.............
8
74,500
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 1 780
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 780
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 780
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 8,000
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 8,000
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 7,220
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet7,220 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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 .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletCHARLES A SMITH Telephone no.bullet (303) 763-9250

    Located atbulletPO BOX 861MORRISONCO ZIP+4bullet804650861
    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
     
     
    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
    CHARLES A SMITH PRESIDENT
    0.01     		0 0 0
    14074 W CORNELL AVE
    LAKEWOOD,CO80228
    REBECCA A SMITH VICE-PRES
    0.01     		0 0 0
    4040 GREENLEAF CIRLCE
    APT NO 110
    KALAMAZOO,MI490082525
    PAULA E RIGGI TREAS/SECR
    0.01     		0 0 0
    14536 ROCKSBOROUGH ROAD
    MINNETONKA,MN55345
    KAYVON RIGGI TRUSTEE
    0.01     		0 0 0
    14536 ROCKSBOROUGH RD
    MINNETONKA,MN55345
    KAYLEE RIGGI TRUSTEE
    0.01     		0 0 0
    14536 ROCKSBOROUGH RD
    MINNETONKA,MN55345
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,999,288
    b
    Average of monthly cash balances.......................
    1b
    82,785
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,082,073
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    2,082,073
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    31,231
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,050,842
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    102,542
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    102,542
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    780
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    780
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    101,762
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    101,762
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    101,762
    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
    74,500
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    74,500
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    74,500
    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 7 101,762
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 74,431
    b Total for prior years:20, 20, 20  
    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........  
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 74,500
    a Applied to 2014, but not more than line 2a 74,431
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2015 distributable amount..... 69
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2015.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		101,693
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		 
    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).)
    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
    FREE THE CHILDREN
    FREE THE CHILDREN
    4301 HIGHWAY 7 STE 120
    4301 HIGHWAY 7 STE 120
    MINNEAPOLIS,MN55416     		NONE PUBLIC GENERAL 6,000
    THE NATURE CONSERVANCY
    THE NATURE CONSERVANCY
    4245 NORTH FAIRFAX DRIVE
    4245 NORTH FAIRFAX DRIVE
    ARLINGTON,VA222031606     		NONE PUBLIC GENERAL 5,000
    DOCTORS WITHOUT BORDERS
    DOCTORS WITHOUT BORDERS
    333 7TH AVENUE 2ND FLOOR
    333 7TH AVENUE 2ND FLOOR
    NEW YORK,NY100015004     		NONE PUBLIC GENERAL 10,000
    FISHER HOUSE FOUNDATION
    FISHER HOUSE FOUNDATION
    111 ROCKVILLE PIKE STE 4
    111 ROCKVILLE PIKE STE 4
    ROCKVILLE,MD208505168     		NONE PUBLIC GENERAL 5,000
    INTL PLANNED PARENTHOOD
    INTL PLANNED PARENTHOOD
    4 NEWHAMS ROW
    4 NEWHAMS ROE
    LONDON,LONDON  
    UK     		NONE PUBLIC GENERAL 6,000
    DANA FARBER CANCER INSTITUTE
    SANA FARBER CANCER INSTITUTE
    450 BROOKLINE AVE
    450 BROOKLINE AVE
    BOSTON,MA02215     		NONE PUBLIC GENERAL 6,000
    FEEDING AMERICA
    FEEDING AMERICA
    35 E WACKER DR STE 2000
    STE 2000
    CHICAGO,IL60601     		NONE PUBLIC GENERAL 5,000
    LAND CONSERVANCY OF W MI
    LAND CONSERVANCY OF W MI
    1345 MONROE AVE NW 324
    1345 MONROE AVE NW 324
    GRAND RAPIDS,MI49505     		NONE PUBLIC GENERAL 6,000
    WATERORG
    WATERORG
    920 MAIN STREET STE 1800
    920 MAIN STREET STE 1800
    KANSAS CITY,MO64105     		NONE PUBLIC GENERAL 5,000
    THE BLAKE SCHOOL
    THE BLAKE SCHOOL
    110 BLAKE ROAD SOUTH
    110 BLAKE ROAD SOUTH
    HOPKINS,MN55343     		NONE PUBLIC GENERAL 4,000
    PRETTY LAKE VACATION CAMP
    PRETTY LAKE VACATION CAMP
    9123 WEST Q AVENUE
    9123 WEST Q AVENUE
    MATTAWAN,MI49071     		NONE PUBLIC GENERAL 2,000
    HOMES FOR OUR TROOPS
    HOMES FOR OUR TROOPS
    6 MAIN STREET
    6 MAIN STREET
    TAUNTON,MA02780     		NONE PUBLIC GENERAL 5,000
    BEST FRIENDS ANIMAL SOCIETY
    BEST FRIENDS ANIMAL SOCIETY
    5001 ANGEL CANYON ROAD
    5001 ANGEL CANYON ROAD
    KANAB,UT84741     		NONE PUBLIC GENERAL 2,500
    FOODS RESOURCE BANK
    FOOS RESOURCE BANK
    PO BOX 660055
    PO BOX 660055
    CHICAGO,IL60666     		NONE PUBLIC GENERAL 3,000
    JOSLIN-LAWTON SMITH FUND
    JOSLIN-LAWTON SMITH FUND
    ONE JOSLIN PLACE
    ONE JOSLIN PLACE
    BOSTON,MA02215     		NONE PUBLIC GENERAL 4,000
    Total .................................bullet 3a 74,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 7,135  
    4 Dividends and interest from securities....     14 36,761  
    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 23  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    14 6,931  
    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)..   50,850  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1350,850
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    SMITH FAMILY LEGACY FOUNDATION
    EIN:
    20-5002466
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,500 3,500    

    TY 2015 ExplnOfNonFilingWithAGStmt
    Name:
    SMITH FAMILY LEGACY FOUNDATION
    EIN:
    20-5002466
    Statement:
    A NONPROFIT ORGANIZATION THAT FILES FEDERAL FORM 990 IS NOT REQUIRED TO FILE A COLORADO INCOME TAX RETURN UNLESS IT HAS UNRELATED BUSINESS TAXABLE INCOME (UBTI) DURING THE TAX YEAR. COLORADO DOES NOT REQUIRE A COPY OF THE FEDERAL FORM 990 TO BE SUBMITTED TO THE STATE.

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    SMITH FAMILY LEGACY FOUNDATION
    EIN:
    20-5002466
    Name of Bond End of Year Book Value End of Year Fair Market Value
    TEMPLETON GLOBAL BD ADV 5,000 4,098
    VANGUARD SHORT-TERM INV GRD    

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    SMITH FAMILY LEGACY FOUNDATION
    EIN:
    20-5002466
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOT LABS 9,209 13,473
    ACI WORLDWIDE 19,646 21,400
    ADAMS NATURAL RESOURCES 16,387 15,078
    ADOBE SYSTEMS INC 4,317 35,228
    AES CORP 23,463 19,140
    AES TRUST III FUND 23,924 23,788
    AFFILIATED MANAGERS 6,224 19,970
    AFLAC 17,464 19,467
    AKAMAI TECH 6,066 5,263
    ALLSCRIPTS HEALTHCARE 14,147 19,225
    AMER EUROPACIFIC GRWTH SL F-2 117,800 156,442
    AMETEK 18,811 18,756
    AMG 6.375% 8/15/42 26,409 26,660
    APPLE 5,464 42,104
    BARCLAYS CAP EMG MKTS ETF 4,649 3,687
    BOTTOMLINE TECHNOLOGIES 27,273 29,730
    BRYN MAWR BANK 11,607 11,488
    CA TECHNOLOGIES 20,435 21,420
    CABELAS 8,379 11,683
    CENTURYLINK INC    
    CHESAPEAKE ENERGY CORP    
    COGNIZANT 9,746 48,016
    DANAHER CORP    
    DISCOVER FINANCIAL 15,546 13,405
    DISCOVERY COMM SR C 21,369 18,915
    DJ UBS COMMODITY ETN 27,040 19,323
    DU PONT E I DE NEMOURS    
    DUN & BRADSTREET 17,400 18,188
    EBAY INC 5,907 7,557
    ECHO GLOBAL LOGISTICS 13,209 14,273
    ECOLAB 14,305 14,297
    EMC ELECTRIC 20,748 20,544
    ENERGY SELECT SECTOR 37,856 34,684
    EVERTEC INC 24,414 25,110
    EXPRESS SCRIPTS 18,477 19,667
    FIDELITY NATL INFO 7,826 18,180
    FISERV INC 13,113 50,303
    FRANKLIN RESOURCES INC 7,220 34,500
    GENERAL ELECTRIC 15,307 20,247
    GLOBAL PAYMENTS INC 11,194 32,255
    GOLDMAN SACHS 4,874 9,012
    GOOGLE CL C 8,572 18,972
    GOOGLE INC 3,173 11,670
    HAEMONETICS CORP    
    HARBOR INTERNATIONAL 42,893 65,996
    HOLOGIC INC 8,513 15,476
    HOSPIRA    
    ILLINOIS TOOL WORKS INC 12,140 21,316
    ISHARES MSCI ASIA EX JAPAN 28,806 26,705
    J. HANCOCK FINL OPP FUND 16,377 33,636
    JOHNSON CONTROLS 9,440 15,796
    MBIA INC 10,818 8,100
    MEDTRONIC INC    
    MERCANTILE BANK 11,548 14,724
    MICROSOFT 10,191 19,418
    MS INDIA INVESTMENT 9,661 17,829
    NAVIENT FLOATER 03/15/17 11,893 11,800
    NB REAL ESTATE 9,934 18,161
    NEWFIELD EXPLOR 13,588 13,024
    OLD SECOND CAP TRUST 7.8% 25,048 24,875
    ORACLE 9,911 10,959
    PAYPAL HOLDINGS 9,135 9,955
    PEPSICO    
    PERRIGO PLC 12,841 10,852
    PETROLEUM & REX    
    PFIZER INCORPORATED 18,893 17,754
    PHILIP MORRIS INTL 1,163 30,769
    PRECISION CASTPARTS 15,504 17,401
    PRICE T ROWE GROUP INC 11,642 40,392
    PRINCIPAL FINL GROUP 18,508 17,992
    PROSPERITY BANCSHARES 10,746 9,572
    QUALCOMM 13,936 14,996
    RALLY SOFTWARE    
    RESMED INC 11,415 10,738
    ROCKWELL AUTOMATION 17,594 15,392
    ROYCE MICRO-CAP TR    
    ROYCE VALUE TRUST    
    RPM 12,285 11,015
    SCHLUMERGER    
    SCHWAB EMERGING MKT 21,317 17,559
    SEI INVESTMENTS 16,219 18,340
    SPDR GOLD TRUST 25,321 24,858
    STRYKER 8,326 18,588
    TEMPLETON DRAGON FUND    
    THERMO FISHER SCIENTIFIC 9,058 14,185
    TOWERS WATSON & CO 19,740 19,269
    TREEHOUSE FOODS 14,500 15,692
    UNION PACIFIC CORP 5,074 19,550
    UNITED TECHNOLGIES    
    US BANCORP DEL 6,398 7,467
    VANGUARD EMERGING MARKETS 47,500 44,976
    VARIAN MEDICAL SYSTEMS    
    VERIFONE SYSTEMS 10,514 12,609
    VERIZON COMMUNICATIONS 14,326 16,177
    VISA 7,215 31,020
    WESTERN ASSET EMERGING MKTS 4,463 3,158
    WESTERN UNION CO 9,809 8,955
    WEYERHAEUSER 2,145 32,978
    WHITING PETROLEUM 9,120 5,192
    WSFS FIN'L 6.25% 09/01/19 27,009 26,750
    WYNDHAM WORLDWIDE 13,209 14,530
    XILINX 18,853 21,137
    YUM BRANDS 14,524 14,610
    ZIONS FIXED/FLOAT 6.95% 2028 26,808 28,760

    TY 2015 OtherIncomeSchedule2
    Name:
    SMITH FAMILY LEGACY FOUNDATION
    EIN:
    20-5002466
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LITIGATION SETTLEMENTS 23 23  


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    SMITH FAMILY LEGACY FOUNDATION
    EIN:
    20-5002466
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 8,341 8,341    


    TY 2015 TaxesSchedule
    Name:
    SMITH FAMILY LEGACY FOUNDATION
    EIN:
    20-5002466
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 14,603