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
THE BROUGHTON FOUNDATION
C/O GEORGE W BROUGHTON CHAIRMAN
Number and street (or P.O. box number if mail is not delivered to street address)639 STATE ROUTE 821
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MARIETTA, OH45750
A Employer identification number

31-1328628
B Telephone number (see instructions)

(740) 376-0831
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$1,259,464J 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 3,449 3,449  
4 Dividends and interest from securities... 6,725 6,725  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 12,007
b Gross sales price for all assets on line 6a 85,797
7 Capital gain net income (from Part IV, line 2)... 12,007
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 2,633 2,633  
12 Total. Add lines 1 through 11........ 24,814 24,814  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,315 658   657
c Other professional fees (attach schedule).... Click to see attachment 3,475 1,738   1,737
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,138 1,027   1,111
19 Depreciation (attach schedule) and depletion... Click to see attachment 6,268 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 18,098 0   18,098
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 31,294 3,423   21,603
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 31,294 3,423   21,603
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -6,480
b Net investment income (if negative, enter -0-) 21,391
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 2
2 Savings and temporary cash investments......... 25,408 19,147 19,147
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 420,757 Click to see attachment426,659 494,557
14 Land, buildings, and equipment: basis bullet895,234
Less: accumulated depreciation (attach schedule) bullet149,476 752,026 Click to see attachment745,758 745,758
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,198,191 1,191,566 1,259,464
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 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 743,493 743,493
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 454,698 448,073
30 Total net assets or fund balances (see instructions)..... 1,198,191 1,191,566
31 Total liabilities and net assets/fund balances (see instructions). 1,198,191 1,191,566
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
1,198,191
2
Enter amount from Part I, line 27a .....................
2
-6,480
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,191,711
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
145
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,191,566
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 publicly traded securities- peoples bank short-term transactions P    
b publicly traded securities- peoples bank long-term transactions P    
c Capital Gains Dividends P    
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 24,566   24,302 264
b 55,338   49,488 5,850
c 5,893     5,893
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       264
b       5,850
c       5,893
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 12,007
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 35,070 531,756 0.065951
2013 35,414 502,016 0.070544
2012 40,220 489,518 0.082162
2011 46,160 485,563 0.095065
2010 88,055 444,189 0.198238
2
Total of line 1, column (d) .....................
20.511960
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
0.102392
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
525,078
5
Multiply line 4 by line 3......................
5
53,764
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
214
7
Add lines 5 and 6........................
7
53,978
8
Enter qualifying distributions from Part XII, line 4.............
8
21,603
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 1 428
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........................... 3 428
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- ..... 5 428
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 920
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.............. 7 920
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 10 492
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet440 RefundedBullet 11 52
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)
    bulletOH
    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 addressbulletwww.broughtoncommercial.com/nature/default.htm
    14
    The books are in care ofbulletGEORGE W BROUGHTON CHAIRMAN Telephone no.bullet (740) 376-0831

    Located atbullet639 State Route 821MARIETTAOH ZIP+4bullet45750
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    GEORGE W BROUGHTON CHAIRMAN
    5.00     		0 0 0
    639 STATE ROUTE 821
    MARIETTA,OH45750
    RODNEY M COLLIER board member
    0.00     		0 0 0
    639 STATE ROUTE 821
    MARIETTA,OH45750
    WAYNE GOGLIN Board member
    0.00     		0 0 0
    639 STATE ROUTE 821
    MARIETTA,OH45750
    LEIGHT MURRAY Board member
    0.00     		0 0 0
    639 STATE ROUTE 821
    MARIETTA,OH45750
    JEFF WELCH TREASURER
    0.00     		0 0 0
    639 STATE ROUTE 821
    MARIETTA,OH45750
    DR HARRY FLEMING Board member
    0.00     		0 0 0
    639 STATE ROUTE 821
    marIETTA,OH45750
    MARY BROUGHTON TRUSTEE
    0.00     		0 0 0
    639 STATE ROUTE 821
    MARIETTA,OH45750
    JIM HUGGINS TRUSTEE
    0.00     		0 0 0
    639 STATE ROUTE 821
    MARIETTA,OH45750
    RUTH BROUGHTON TRUSTEE
    0.00     		0 0 0
    639 STATE ROUTE 821
    MARIETTA,OH45750
    NANCY BROUGHTON SECRETARY
    0.00     		0 0 0
    639 STATE ROUTE 821
    MARIETTA,OH45750
    CJ CUNNINGHAM BOARD MEMBER
    0.00     		0 0 0
    639 STATE ROUTE 821
    MARIETTA,OH45750
    DALE LEEPER Board member
    0.00     		0 0 0
    639 STATE ROUTE 821
    MARIETTA,OH45750
    DR DAVID MONTGOMERY Board member
    0.00     		0 0 0
    639 STATE ROUTE 821
    MARIETTA,OH45750
    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 THE BROUGHTON FOUNDATION'S MAJOR ACTIVITY IS THE MAINTENANCE PRESERVATION, AND OPERATION OF THE BROUGHTON NATURE & WILDLIFE EDUCATION AREA. 21,603
    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
    513,722
    b
    Average of monthly cash balances.......................
    1b
    19,352
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    533,074
    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
    533,074
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    7,996
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    525,078
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    26,254
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    26,254
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    428
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    428
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    25,826
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    25,826
    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
    25,826
    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
    21,603
    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
    21,603
    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
    21,603
    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 25,826
    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...... 66,660
    b From 2011...... 22,559
    c From 2012...... 16,386
    d From 2013...... 11,108
    e From 2014...... 9,389
    fTotal of lines 3a through e........ 126,102
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 21,603
    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..... 21,603
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 4,223 4,223
    (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 5 121,879
    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) ...     		62,437
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		59,442
    10 Analysis of line 9:
    a Excess from 2011.... 22,559
    b Excess from 2012.... 16,386
    c Excess from 2013.... 11,108
    d Excess from 2014.... 9,389
    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
    Total .................................bullet 3a 0
    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 3,449  
    4 Dividends and interest from securities....     14 6,725  
    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.....     15 2,633  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 12,007  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 24,814 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    1324,814
    (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:
    THE BROUGHTON FOUNDATION
     
    C/O GEORGE W BROUGHTON CHAIRMAN
    EIN:
    31-1328628
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 1,315 658   657

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2015 DepreciationSchedule
    Name:
    THE BROUGHTON FOUNDATION
     
    C/O GEORGE W BROUGHTON CHAIRMAN
    EIN:
    31-1328628
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    GEORGE B LAND 1995-12-31 103,147   L   0 0    
    GEORGE B LAND ADD'L 1996-12-31 8,582   L   0 0    
    CARL B LAND 1996-12-31 319,604   L   0 0    
    LIPSCOMB LAND 1996-12-31 23,097   L   0 0    
    METCALF LAND 1996-12-31 9,900   L   0 0    
    6.25 ACRES CADWELL PROPERTY 1997-02-26 12,000   L   0 0    
    LAND IMPROVEMENTS 2000-11-08 9,098 8,829 150DB 15.000000000000 269 0    
    DRINKING FOUNTAIN 2000-09-11 863 863 200DB 7.000000000000 0 0    
    FLAG POLE 2000-07-18 752 752 200DB 7.000000000000 0 0    
    CONCRETE PAD FOR NATURE TRAIL 2000-07-10 4,307 4,180 150DB 15.000000000000 127 0    
    LAND IMPROVEMENTS 2000-07-18 469 455 150DB 15.000000000000 14 0    
    LAND IMPROVEMENTS 2000-06-20 4,384 4,255 150DB 15.000000000000 129 0    
    LAND IMPROVEMENTS 2000-04-11 9,051 8,784 150DB 15.000000000000 267 0    
    LAND IMPROVEMENTS - LIGHT INSTALLATION 2000-09-05 1,925 1,868 150DB 15.000000000000 57 0    
    LAND IMPROVEMENTS 2000-01-07 2,070 2,009 150DB 15.000000000000 61 0    
    LIGHT FIXTURE 2001-08-09 282 282 200DB 7.000000000000 0 0    
    LAND - MUSKINGUM TWP PARCELS 2002-10-30 7,210   L   0 0    
    LAND IMPROVEMENTS - CONCRETE 2002-08-12 751 448 150DB 15.000000000000 31 0    
    LAND IMPROVEMENTS-CONCRETE PAD-SHELTER EXPANDED 2003-12-08 1,400 539 150DB 15.000000000000 42 0    
    LAND IMPROVEMENTS- ELECTRICAL SYSTEM 2004-05-13 2,724 1,000 150DB 15.000000000000 80 0    
    LAND IMPROVEMENTS - PARKING LOT AND WALKWAYS 2004-10-25 3,204 1,177 150DB 15.000000000000 94 0    
    SHELTER FOR VISITORS 2004-02-09 12,140 4,457 150DB 15.000000000000 358 0    
    Land imPROVEMENTS 2005-11-15 696 470 150DB 15.000000000000 41 0    
    John Deere 5205 4wd tractor 2005-04-15 26,861 26,861 200DB 7.000000000000 0 0    
    LIPSCOMB LAND - 12.319 ACRES 2006-04-12 46,408   L   0 0    
    FISH POND 2006-11-15 24,523 14,568 150DB 15.000000000000 1,448 0    
    RUDOLPH LAND 2006-04-26 76,400   L   0 0    
    Pond 2007-07-11 7,618 4,245 150DB 15.000000000000 450 0    
    Land improvements-Drainage pipe 2007-09-15 11,719 6,529 150DB 15.000000000000 692 0    
    Land improvements-Seeding 2007-10-15 7,891 4,397 150DB 15.000000000000 466 0    
    land imPROVEMENTS 2008-05-15 9,632 2,399 150DB 15.000000000000 284 0    
    Land IMPROVEMENTS 2008-07-15 1,000 249 150DB 15.000000000000 30 0    
    land iMPROVEMENTS 2008-09-15 1,160 289 150DB 15.000000000000 34 0    
    land iMPROVEMENTS 2008-10-15 3,058 761 150DB 15.000000000000 90 0    
    land imPROVEMENTS 2009-10-15 6,410 1,337 150DB 15.000000000000 189 0    
    LAND - S LIPSCOMP 2010-01-08 78,213   L   0 0    
    CHARLES CALDWELL LAND 2011-12-21 20,924   L   0 0    
    land improVEMENTS 2011-11-17 4,394   150DB 15.000000000000 0 0    
    Land Improvements - Bridge 2012-06-27 26,367 3,038 150DB 15.000000000000 1,015 0    
    Land - M Bigger 2013-04-10 5,000   L   0 0    

    TY 2015 ExplnOfNonFilingWithAGStmt
    Name:
    THE BROUGHTON FOUNDATION
     
    C/O GEORGE W BROUGHTON CHAIRMAN
    EIN:
    31-1328628
    Statement:
    STATE OF OHIO OFFICE OF THE ATTORNEY GENERAL NOW REQUIRES AN ANNUAL REPORT BE SUBMITTED ONLINE AS OPPOSED TO FURNISHING AN ENTIRE COPY OF THE 990-PF.

    TY 2015 InvestmentsOtherSchedule2
    Name:
    THE BROUGHTON FOUNDATION
     
    C/O GEORGE W BROUGHTON CHAIRMAN
    EIN:
    31-1328628
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BONDS AT COST 137,761 136,405
    COMMON STOCKS AT COST 288,897 358,151
    Other Assets AT COST 1 1

    TY 2015 LandEtcSchedule2
    Name:
    THE BROUGHTON FOUNDATION
     
    C/O GEORGE W BROUGHTON CHAIRMAN
    EIN:
    31-1328628
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    GEORGE B LAND 103,147 0 103,147 103,147
    GEORGE B LAND ADD'L 8,582 0 8,582 8,582
    CARL B LAND 319,604 0 319,604 319,604
    LIPSCOMB LAND 23,097 0 23,097 23,097
    METCALF LAND 9,900 0 9,900 9,900
    6.25 ACRES CADWELL PROPERTY 12,000 0 12,000 12,000
    LAND IMPROVEMENTS 9,098 9,098 0 0
    DRINKING FOUNTAIN 863 863 0 0
    FLAG POLE 752 752 0 0
    CONCRETE PAD FOR NATURE TRAIL 4,307 4,307 0 0
    LAND IMPROVEMENTS 469 469 0 0
    LAND IMPROVEMENTS 4,384 4,384 0 0
    LAND IMPROVEMENTS 9,051 9,051 0 0
    LAND IMPROVEMENTS - LIGHT INSTALLATION 1,925 1,925 0 0
    LAND IMPROVEMENTS 2,070 2,070 0 0
    LIGHT FIXTURE 282 282 0 0
    LAND - MUSKINGUM TWP PARCELS 7,210 0 7,210 7,210
    LAND IMPROVEMENTS - CONCRETE 751 704 47 47
    LAND IMPROVEMENTS-CONCRETE PAD-SHELTER EXPANDED 1,400 1,281 119 119
    LAND IMPROVEMENTS- ELECTRICAL SYSTEM 2,724 2,442 282 282
    LAND IMPROVEMENTS - PARKING LOT AND WALKWAYS 3,204 2,873 331 331
    SHELTER FOR VISITORS 12,140 10,885 1,255 1,255
    Land imPROVEMENTS 696 511 185 185
    John Deere 5205 4wd tractor 26,861 26,861 0 0
    LIPSCOMB LAND - 12.319 ACRES 46,408 0 46,408 46,408
    FISH POND 24,523 16,016 8,507 8,507
    RUDOLPH LAND 76,400 0 76,400 76,400
    Pond 7,618 4,695 2,923 2,923
    Land improvements-Drainage pipe 11,719 7,221 4,498 4,498
    Land improvements-Seeding 7,891 4,863 3,028 3,028
    land imPROVEMENTS 9,632 7,499 2,133 2,133
    Land IMPROVEMENTS 1,000 779 221 221
    land iMPROVEMENTS 1,160 903 257 257
    land iMPROVEMENTS 3,058 2,380 678 678
    land imPROVEMENTS 6,410 4,731 1,679 1,679
    LAND - S LIPSCOMP 78,213 0 78,213 78,213
    CHARLES CALDWELL LAND 20,924 0 20,924 20,924
    land improVEMENTS 4,394 4,394 0 0
    Land Improvements - Bridge 26,367 17,237 9,130 9,130
    Land - M Bigger 5,000 0 5,000 5,000


    TY 2015 OtherDecreasesSchedule
    Name:
    THE BROUGHTON FOUNDATION
     
    C/O GEORGE W BROUGHTON CHAIRMAN
    EIN:
    31-1328628
    Description Amount
    TIMING DIFFERENCE 145


    TY 2015 OtherExpensesSchedule
    Name:
    THE BROUGHTON FOUNDATION
     
    C/O GEORGE W BROUGHTON CHAIRMAN
    EIN:
    31-1328628
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    REPAIRS AND MAINTENANCE 6,351 0   6,351
    UTILITIES/PHONE/WASTE REMOVAL/WEBSITE 10,541 0   10,541
    INSURANCE 1,206 0   1,206


    TY 2015 OtherIncomeSchedule2
    Name:
    THE BROUGHTON FOUNDATION
     
    C/O GEORGE W BROUGHTON CHAIRMAN
    EIN:
    31-1328628
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Oil & gas landowner royalties 2,633 2,633 2,633


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    THE BROUGHTON FOUNDATION
     
    C/O GEORGE W BROUGHTON CHAIRMAN
    EIN:
    31-1328628
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Trustee FEES 3,475 1,738   1,737


    TY 2015 TaxesSchedule
    Name:
    THE BROUGHTON FOUNDATION
     
    C/O GEORGE W BROUGHTON CHAIRMAN
    EIN:
    31-1328628
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    REAL ESTATE TAX 911 0   911
    EXCISE TAX 1,027 1,027   0
    State filing fees 200 0   200