Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
The Louis KMulford Scholarship Foundatn
 
Number and street (or P.O. box number if mail is not delivered to street address)3 Brassie Way
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Littleton, CO80123
A Employer identification number

23-7398275
B Telephone number (see instructions)

(303) 797-6733
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$299,480J 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 2 2 2
4 Dividends and interest from securities... 8,612 8,612 8,612
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,710
b Gross sales price for all assets on line 6a 237,474
7 Capital gain net income (from Part IV, line 2)... 4,710
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).......      
12 Total. Add lines 1 through 11........ 13,324 13,324 8,614
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 8,000     8,000
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 2,775 2,775    
c Other professional fees (attach schedule).... Click to see attachment 3,070 3,070    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 254 254    
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.......... 14,099 6,099   8,000
25 Contributions, gifts, grants paid....... 28,000 28,000
26 Total expenses and disbursements. Add lines 24 and 25 42,099 6,099   36,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -28,775
b Net investment income (if negative, enter -0-) 7,225
c Adjusted net income (if negative, enter -0-)... 8,614
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............. 2,671 23,142 23,142
2 Savings and temporary cash investments......... 6,998 9,553 9,553
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)....... 110,590 Click to see attachment143,680 172,578
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).......... 176,988 Click to see attachment92,097 94,207
14 Land, buildings, and equipment: basis bullet2,625
Less: accumulated depreciation (attach schedule) bullet2,625      
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 297,247 268,472 299,480
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 297,247 268,472
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)..... 297,247 268,472
31 Total liabilities and net assets/fund balances (see instructions). 297,247 268,472
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
297,247
2
Enter amount from Part I, line 27a .....................
2
-28,775
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
268,472
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
268,472
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 18 ALLIANZ NFJ DIVID INT P 2014-03-28 2015-03-12
b 18 ALLIANZ NFJ DIVID INT P 2014-06-27 2015-03-12
c 19 ALLIANZ NFJ DIVID INT P 2014-09-26 2015-03-12
d 22 ALLIANZ NFJ DIVID INT P 2015-01-06 2015-03-12
e 22 ALLIANZ NFJ DIVID INT P 2015-03-27 2015-04-07
578.769 ALLIANZ NFJ DIVID INT P 2011-02-01 2015-03-12
14.112 ALLIANZ NFJ DIVID INT P 2011-04-08 2015-03-12
13.98 ALLIANZ NFJ DIVID INT P 2011-07-12 2015-03-12
18.854 ALLIANZ NFJ DIVID INT P 2011-10-07 2015-03-12
16.475 ALLIANZ NFJ DIVID INT P 2012-01-20 2015-03-12
16.28 ALLIANZ NFJ DIVID INT P 2012-04-10 2015-03-12
17.53 ALLIANZ NFJ DIVID INT P 2012-07-11 2015-03-12
19 ALLIANZ NFJ DIVID INT P 2013-01-11 2015-03-12
18 ALLIANZ NFJ DIVID INT P 2013-06-27 2015-03-12
18 ALLIANZ NFJ DIVID INT P 2013-09-26 2015-03-12
18 ALLIANZ NFJ DIVID INT P 2014-01-06 2015-03-12
170 AT&T INC P 2013-10-22 2015-12-31
4 AT&T INC P 2014-05-01 2015-12-31
3 AT&T INC P 2014-08-01 2015-12-31
103 BK MONTREAL P 2013-12-24 2015-07-16
1 BK MONTREAL P 2014-01-17 2015-07-16
2.432 DESTRA DIVIDEND TOTAL RETURN I P 2014-09-29 2015-07-20
12.79 DESTRA DIVIDEND TOTAL RETURN I P 2014-12-30 2015-07-20
4.294 DESTRA DIVIDEND TOTAL RETURN I P 2014-12-30 2015-07-20
3.246 DESTRA DIVIDEND TOTAL RETURN I P 2014-12-30 2015-07-20
2.8 DESTRA DIVIDEND TOTAL RETURN I P 2015-03-30 2015-07-20
4.139 DESTRA DIVIDEND TOTAL RETURN I P 2015-06-29 2015-07-20
598.514 DESTRA DIVIDEND TOTAL RETURN I P 2012-07-12 2015-07-20
1.987 DESTRA DIVIDEND TOTAL RETURN I P 2012-10-02 2015-07-20
4.749 DESTRA DIVIDEND TOTAL RETURN I P 2012-12-27 2015-07-20
1.728 DESTRA DIVIDEND TOTAL RETURN I P 2013-04-02 2015-07-20
3.648 DESTRA DIVIDEND TOTAL RETURN I P 2013-06-27 2015-07-20
1.536 DESTRA DIVIDEND TOTAL RETURN I P 2013-09-27 2015-07-20
4.064 DESTRA DIVIDEND TOTAL RETURN I P 2013-12-27 2015-07-20
4.592 DESTRA DIVIDEND TOTAL RETURN I P 2013-12-27 2015-07-20
2.304 DESTRA DIVIDEND TOTAL RETURN I P 2013-12-27 2015-07-20
12.429 DESTRA DIVIDEND TOTAL RETURN I P 2014-03-28 2015-07-20
2.312 DESTRA DIVIDEND TOTAL RETURN I P 2014-06-27 2015-07-20
94 EATON CORP PLC SHS P 2015-04-02 2015-07-15
132 EMC CORP MASS P 2012-05-24 2015-01-20
1 GOLAR LNG LTD P 2014-12-30 2015-11-03
1 GOLAR LNG LTD P 2015-03-24 2015-11-03
1 GOLAR LNG LTD P 2015-06-26 2015-11-03
1 GOLAR LNG LTD P 2015-09-25 2015-11-03
117 GOLAR LNG LTD P 2013-07-23 2015-11-03
2 GOLAR LNG LTD P 2013-12-20 2015-11-03
1 GOLAR LNG LTD P 2014-09-26 2015-11-03
28 GOLDMAN SACHS GRP INC P 2015-07-16 2015-12-28
3 GOLDMAN SACHS GRP INC P 2015-09-04 2015-12-28
1 HARTFORD FIN SERS GRP INC P 2014-10-01 2015-08-20
1 HARTFORD FIN SERS GRP INC P 2015-01-02 2015-08-20
1 HARTFORD FIN SERS GRP INC P 2015-04-01 2015-08-20
1 HARTFORD FIN SERS GRP INC P 2015-07-01 2015-08-20
167 HARTFORD FIN SERS GRP INC P 2011-08-10 2015-08-20
1 HARTFORD FIN SERS GRP INC P 2013-10-01 2015-08-20
1 HARTFORD FIN SERS GRP INC P 2014-01-02 2015-08-20
1 HARTFORD FIN SERS GRP INC P 2014-04-01 2015-08-20
1 HARTFORD FIN SERS GRP INC P 2014-07-01 2015-08-20
1244.869 HIGHLAND FLTG RATE OPPORT Z P 2015-03-03 2015-12-08
4.074 HIGHLAND FLTG RATE OPPORT Z P 2015-03-31 2015-12-08
5.258 HIGHLAND FLTG RATE OPPORT Z P 2015-04-30 2015-12-08
5.7 HIGHLAND FLTG RATE OPPORT Z P 2015-05-29 2015-12-08
5.496 HIGHLAND FLTG RATE OPPORT Z P 2015-06-30 2015-12-08
5.983 HIGHLAND FLTG RATE OPPORT Z P 2015-07-31 2015-12-08
5.61 HIGHLAND FLTG RATE OPPORT Z P 2015-08-31 2015-12-08
5.544 HIGHLAND FLTG RATE OPPORT Z P 2015-09-30 2015-12-08
5.864 HIGHLAND FLTG RATE OPPORT Z P 2015-10-30 2015-12-08
5.86 HIGHLAND FLTG RATE OPPORT Z P 2015-11-30 2015-12-08
2.327 HIGHLAND GLOBAL ALLOCATION I P 2014-12-02 2015-11-20
4.473 HIGHLAND GLOBAL ALLOCATION I P 2014-12-02 2015-11-20
10.684 HIGHLAND GLOBAL ALLOCATION I P 2014-12-02 2015-11-20
864.174 HIGHLAND GLOBAL ALLOCATION I P 2014-12-03 2015-11-20
6.317 HIGHLAND GLOBAL ALLOCATION I P 2014-12-31 2015-11-20
9.538 HIGHLAND GLOBAL ALLOCATION I P 2015-03-31 2015-11-20
12.203 HIGHLAND GLOBAL ALLOCATION I P 2015-06-30 2015-11-20
20.179 HIGHLAND GLOBAL ALLOCATION I P 2015-09-30 2015-11-20
438.632 HIGHLAND GLOBAL ALLOCATION I P 2014-09-18 2015-11-20
1.456 HIGHLAND GLOBAL ALLOCATION I P 2014-09-30 2015-11-20
329.76 HIGHLAND LG SHT HEALTHCARE Z P 2014-12-31 2015-12-08
8.008 INVESCO CONVERT SECURITIES Y P 2014-03-20 2015-03-02
7.71 INVESCO CONVERT SECURITIES Y P 2014-06-19 2015-03-02
7.825 INVESCO CONVERT SECURITIES Y P 2014-09-18 2015-03-02
3.772 INVESCO CONVERT SECURITIES Y P 2014-12-12 2015-03-02
9.94 INVESCO CONVERT SECURITIES Y P 2014-12-12 2015-03-02
40.594 INVESCO CONVERT SECURITIES Y P 2014-12-12 2015-03-02
329.874 INVESCO CONVERT SECURITIES Y P 2011-03-18 2015-01-06
1.79 INVESCO CONVERT SECURITIES Y P 2011-06-16 2015-01-06
1.92 INVESCO CONVERT SECURITIES Y P 2011-09-15 2015-01-06
481.552 INVESCO CONVERT SECURITIES Y P 2011-10-19 2015-01-06
499.58 INVESCO CONVERT SECURITIES Y P 2011-10-19 2015-03-02
7.705 INVESCO CONVERT SECURITIES Y P 2011-12-12 2015-03-02
7.654 INVESCO CONVERT SECURITIES Y P 2012-03-15 2015-03-02
8.75 INVESCO CONVERT SECURITIES Y P 2012-06-14 2015-03-02
8.214 INVESCO CONVERT SECURITIES Y P 2012-09-20 2015-03-02
9.048 INVESCO CONVERT SECURITIES Y P 2012-12-07 2015-03-02
8.642 INVESCO CONVERT SECURITIES Y P 2013-03-21 2015-03-02
9.106 INVESCO CONVERT SECURITIES Y P 2013-06-20 2015-03-02
8.569 INVESCO CONVERT SECURITIES Y P 2013-09-19 2015-03-02
8.508 INVESCO CONVERT SECURITIES Y P 2013-12-13 2015-03-02
28.657 INVESCO CONVERT SECURITIES Y P 2013-12-13 2015-03-02
4.847 INVESCO CONVERT SECURITIES Y P 2013-12-13 2015-03-02
516.003 JANUS GLB UNCONSTRAINED BD I P 2015-05-14 2015-09-03
639.643 LEGG MASON BW ALT CREDIT I P 2014-12-31 2015-12-09
0.651 LEGG MASON BW ALT CREDIT I P 2015-01-30 2015-12-09
0.813 LEGG MASON BW ALT CREDIT I P 2015-02-27 2015-12-09
0.971 LEGG MASON BW ALT CREDIT I P 2015-03-31 2015-12-09
0.956 LEGG MASON BW ALT CREDIT I P 2015-04-30 2015-12-09
1.22 LEGG MASON BW ALT CREDIT I P 2015-05-29 2015-12-09
1.444 LEGG MASON BW ALT CREDIT I P 2015-06-30 2015-12-09
1.525 LEGG MASON BW ALT CREDIT I P 2015-07-31 2015-12-09
1.475 LEGG MASON BW ALT CREDIT I P 2015-08-31 2015-12-09
1.697 LEGG MASON BW ALT CREDIT I P 2015-09-30 2015-12-09
1.694 LEGG MASON BW ALT CREDIT I P 2015-10-30 2015-12-09
1.03 LEGG MASON BW ALT CREDIT I P 2015-11-30 2015-12-09
3.62 MAINSTAY EPOCH GLOBAL EQ YLD I P 2014-09-29 2015-07-17
1.88 MAINSTAY EPOCH GLOBAL EQ YLD I P 2014-12-10 2015-07-17
8.773 MAINSTAY EPOCH GLOBAL EQ YLD I P 2014-12-10 2015-07-17
12.968 MAINSTAY EPOCH GLOBAL EQ YLD I P 2014-12-10 2015-07-17
4.265 MAINSTAY EPOCH GLOBAL EQ YLD I P 2015-03-31 2015-07-17
8.523 MAINSTAY EPOCH GLOBAL EQ YLD I P 2015-06-30 2015-07-17
21.201 MAINSTAY EPOCH GLOBAL EQ YLD I P 2011-10-04 2015-07-17
4.775 MAINSTAY EPOCH GLOBAL EQ YLD I P 2011-12-08 2015-07-17
468.199 MAINSTAY EPOCH GLOBAL EQ YLD I P 2011-12-21 2015-07-17
7.175 MAINSTAY EPOCH GLOBAL EQ YLD I P 2012-03-30 2015-07-17
16.954 MAINSTAY EPOCH GLOBAL EQ YLD I P 2012-06-28 2015-07-17
8.903 MAINSTAY EPOCH GLOBAL EQ YLD I P 2012-09-27 2015-07-17
8.04 MAINSTAY EPOCH GLOBAL EQ YLD I P 2012-12-11 2015-07-17
12.836 MAINSTAY EPOCH GLOBAL EQ YLD I P 2013-03-28 2015-07-17
16.381 MAINSTAY EPOCH GLOBAL EQ YLD I P 2013-06-27 2015-07-17
6.937 MAINSTAY EPOCH GLOBAL EQ YLD I P 2013-09-27 2015-07-17
2.804 MAINSTAY EPOCH GLOBAL EQ YLD I P 2013-12-09 2015-07-17
8.129 MAINSTAY EPOCH GLOBAL EQ YLD I P 2013-12-09 2015-07-17
9.687 MAINSTAY EPOCH GLOBAL EQ YLD I P 2014-03-28 2015-07-17
17.606 MAINSTAY EPOCH GLOBAL EQ YLD I P 2014-06-27 2015-07-17
81 MARKET VECTORS GOLD MINERS P 2014-12-16 2015-07-21
129 MARKET VECTORS GOLD MINERS P 2014-12-16 2015-07-21
80 MARKET VECTORS GOLD MINERS P 2014-12-16 2015-07-21
64 MARKET VECTORS JR GOLD MINES P 2014-12-16 2015-07-21
103 MARKET VECTORS JR GOLD MINES P 2014-12-16 2015-07-21
64 MARKET VECTORS JR GOLD MINES P 2014-12-16 2015-07-21
50 NATIONAL OILWELL VARCO INC P 2014-03-13 2015-02-06
43 NATIONAL OILWELL VARCO INC P 2013-10-23 2015-02-06
62 NORFOLK SOUTHERN CORP P 2014-12-16 2015-06-30
441 PIMCO DYNAMIC INCOME FD P 2014-12-31 2015-12-31
2 PIMCO DYNAMIC INCOME FD P 2015-03-02 2015-12-31
2 PIMCO DYNAMIC INCOME FD P 2015-04-01 2015-12-31
3 PIMCO DYNAMIC INCOME FD P 2015-05-01 2015-12-31
3 PIMCO DYNAMIC INCOME FD P 2015-06-01 2015-12-31
3 PIMCO DYNAMIC INCOME FD P 2015-07-01 2015-12-31
3 PIMCO DYNAMIC INCOME FD P 2015-08-03 2015-12-31
3 PIMCO DYNAMIC INCOME FD P 2015-09-01 2015-12-31
3 PIMCO DYNAMIC INCOME FD P 2015-10-01 2015-12-31
3 PIMCO DYNAMIC INCOME FD P 2015-11-02 2015-12-31
3 PIMCO DYNAMIC INCOME FD P 2015-12-01 2015-12-31
98 SCHLUMBERGER LTD P 2012-11-02 2015-12-31
48 VERIZON COMMUNICATIONS P 2014-02-21 2015-11-17
4.113 VIRTUS PREM ALPHASECTOR (SM) I P 2014-06-27 2015-03-02
115.559 VIRTUS PREM ALPHASECTOR (SM) I P 2014-11-25 2015-03-02
353.041 VIRTUS PREM ALPHASECTOR (SM) I P 2014-11-25 2015-03-02
2.784 VIRTUS PREM ALPHASECTOR (SM) I P 2014-12-30 2015-03-02
6.439 VIRTUS PREM ALPHASECTOR (SM) I P 2014-12-30 2015-03-02
1807.472 VIRTUS PREM ALPHASECTOR (SM) I P 2011-02-01 2015-03-02
6.56 VIRTUS PREM ALPHASECTOR (SM) I P 2011-07-01 2015-03-02
10.936 VIRTUS PREM ALPHASECTOR (SM) I P 2011-12-29 2015-03-02
10.467 VIRTUS PREM ALPHASECTOR (SM) I P 2012-06-28 2015-03-02
14.406 VIRTUS PREM ALPHASECTOR (SM) I P 2012-12-28 2015-03-02
7.335 VIRTUS PREM ALPHASECTOR (SM) I P 2013-06-27 2015-03-02
13.827 VIRTUS PREM ALPHASECTOR (SM) I P 2013-12-30 2015-03-02
35.3 VIRTUS PREM ALPHASECTOR (SM) I P 2013-12-30 2015-03-02
4.947 VIRTUS PREM ALPHASECTOR (SM) I P 2013-12-30 2015-03-02
1 WISDOMTREE TRUST INDIA P 2014-09-26 2015-08-21
1 WISDOMTREE TRUST INDIA P 2015-06-26 2015-08-21
261 WISDOMTREE TRUST INDIA P 2014-05-08 2015-08-21
59 WISDOMTREE TRUST INDIA P 2014-05-21 2015-08-21
6 WISDOMTREE TRUST INDIA P 2014-05-28 2015-08-21
77 WISDOMTREE TRUST JAPN HEDGE EQ P 2014-05-08 2015-08-21
1 WISDOMTREE TRUST JAPN HEDGE EQ P 2014-07-01 2015-08-21
(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 288   313 -25
b 288   325 -37
c 304   338 -34
d 352   356 -4
e 358   359 -1
9,264   8,266 998
226   213 13
224   222 2
302   216 86
264   234 30
261   242 19
281   246 35
304   257 47
288   263 25
288   279 9
288   299 -11
5,869   5,992 -123
138   142 -4
104   108 -4
6,027   6,819 -792
59   66 -7
53   56 -3
279   287 -8
94   96 -2
71   73 -2
61   63 -2
90   90  
13,054   10,378 2,676
43   36 7
104   84 20
38   34 4
80   72 8
34   31 3
89   86 3
100   97 3
50   49 1
271   265 6
50   54 -4
6,180   6,320 -140
3,641   3,169 472
29   35 -6
29   35 -6
29   50 -21
29   30 -1
3,442   4,115 -673
59   68 -9
29   68 -39
5,087   5,895 -808
545   543 2
48   38 10
48   42 6
48   42 6
49   41 8
8,103   3,934 4,169
49   31 18
49   36 13
49   35 14
49   36 13
8,751   9,698 -947
29   32 -3
37   42 -5
40   45 -5
39   43 -4
42   46 -4
39   42 -3
39   41 -2
41   43 -2
41   42 -1
22   29 -7
43   55 -12
102   131 -29
8,236   10,616 -2,380
60   78 -18
91   121 -30
116   148 -32
192   197 -5
4,180   5,582 -1,402
14   18 -4
4,521   4,998 -477
196   203 -7
189   197 -8
192   198 -6
92   89 3
244   234 10
995   957 38
7,788   6,789 999
42   36 6
45   36 9
11,369   8,933 2,436
12,250   9,267 2,983
189   145 44
188   156 32
215   169 46
201   171 30
222   186 36
212   190 22
223   204 19
210   206 4
209   200 9
703   675 28
119   114 5
4,902   4,992 -90
6,237   6,723 -486
6   7 -1
8   9 -1
9   10 -1
9   10 -1
12   13 -1
14   15 -1
15   16 -1
14   15 -1
17   17  
17   17  
10   10  
70   73 -3
36   36  
169   170 -1
250   251 -1
82   82  
164   160 4
408   298 110
92   72 20
9,013   7,000 2,013
138   114 24
326   260 66
171   146 25
155   131 24
247   223 24
315   286 29
134   129 5
54   53 1
156   155 1
186   193 -7
339   367 -28
1,160   1,400 -240
1,848   2,227 -379
1,146   1,381 -235
1,248   1,394 -146
2,009   2,243 -234
1,248   1,390 -142
2,521   3,378 -857
2,168   3,064 -896
5,395   6,405 -1,010
12,048   13,437 -1,389
55   60 -5
55   59 -4
82   90 -8
82   90 -8
82   88 -6
82   88 -6
82   84 -2
82   88 -6
82   89 -7
82   89 -7
6,869   6,837 32
2,165   2,310 -145
54   73 -19
1,529   1,599 -70
4,671   4,886 -215
37   38 -1
85   88 -3
23,913   22,810 1,103
87   84 3
145   133 12
138   132 6
191   187 4
97   109 -12
183   228 -45
467   583 -116
65   82 -17
20   22 -2
20   22 -2
5,281   4,979 302
1,194   1,305 -111
121   132 -11
4,060   3,507 553
53   50 3
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       -25
b       -37
c       -34
d       -4
e       -1
      998
      13
      2
      86
      30
      19
      35
      47
      25
      9
      -11
      -123
      -4
      -4
      -792
      -7
      -3
      -8
      -2
      -2
      -2
       
      2,676
      7
      20
      4
      8
      3
      3
      3
      1
      6
      -4
      -140
      472
      -6
      -6
      -21
      -1
      -673
      -9
      -39
      -808
      2
      10
      6
      6
      8
      4,169
      18
      13
      14
      13
      -947
      -3
      -5
      -5
      -4
      -4
      -3
      -2
      -2
      -1
      -7
      -12
      -29
      -2,380
      -18
      -30
      -32
      -5
      -1,402
      -4
      -477
      -7
      -8
      -6
      3
      10
      38
      999
      6
      9
      2,436
      2,983
      44
      32
      46
      30
      36
      22
      19
      4
      9
      28
      5
      -90
      -486
      -1
      -1
      -1
      -1
      -1
      -1
      -1
      -1
       
       
       
      -3
       
      -1
      -1
       
      4
      110
      20
      2,013
      24
      66
      25
      24
      24
      29
      5
      1
      1
      -7
      -28
      -240
      -379
      -235
      -146
      -234
      -142
      -857
      -896
      -1,010
      -1,389
      -5
      -4
      -8
      -8
      -6
      -6
      -2
      -6
      -7
      -7
      32
      -145
      -19
      -70
      -215
      -1
      -3
      1,103
      3
      12
      6
      4
      -12
      -45
      -116
      -17
      -2
      -2
      302
      -111
      -11
      553
      3
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 4,710
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 -10,592
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 35,750 329,910 0.10836
2013 35,914 334,753 0.10729
2012 31,897 329,400 0.09683
2011 33,789 356,575 0.09476
2010 33,884 390,357 0.08680
2
Total of line 1, column (d) .....................
20.494045
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
0.098809
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
296,730
5
Multiply line 4 by line 3......................
5
29,320
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
72
7
Add lines 5 and 6........................
7
29,392
8
Enter qualifying distributions from Part XII, line 4.............
8
36,000
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 72
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 72
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 72
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a  
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
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 72
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (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
 
No
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCO
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    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 ofbulletJoyce R Latham Telephone no.bullet (303) 797-6733

    Located atbullet3 Brassie WayLittletonCO ZIP+4bullet80123
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
    No
    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
     
    No
    .........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
     
    No
    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
    Joyce Latham Trustee
    2.00     		8,000    
    3 Brassie Way
    Littleton,CO80123
    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  
    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
    297,305
    b
    Average of monthly cash balances.......................
    1b
    3,944
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    301,249
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    301,249
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    4,519
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    296,730
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    14,837
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    14,837
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    72
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    72
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    14,765
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    14,765
    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
    14,765
    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
    36,000
    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
    36,000
    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
    72
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    35,928
    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 14,765
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 14,598
    b From 2011...... 16,382
    c From 2012...... 15,633
    d From 2013...... 19,348
    e From 2014...... 19,754
    fTotal of lines 3a through e........ 85,715
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 36,000
    a Applied to 2014, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2015 distributable amount..... 14,765
    e Remaining amount distributed out of corpus 21,235
    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 5 106,950
    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 ..........     		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) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		14,598
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		92,352
    10 Analysis of line 9:
    a Excess from 2011.... 16,382
    b Excess from 2012.... 15,633
    c Excess from 2013.... 19,348
    d Excess from 2014.... 19,754
    e Excess from 2015.... 21,235
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Joyce Latham
    3 Brassie Way
    Littleton,CO80123
    (303) 797-6733
    bThe form in which applications should be submitted and information and materials they should include:
    Letter explaining request and qualification for request.
    cAny submission deadlines:
    April 15th for the following school year.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    No limitations.
    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
    Sarah J Fischer
    13186 Twin Elk Lane
    Littleton,CO80127     		None Student Tuition, Fees 4,000
    Hunter R Goddard
    3848 S Grant St
    Englewood,CO80113     		None Student Tuition, Fees 2,000
    Wyatt P Ryder
    3880 E Dartmouth Ave
    Denver,CO80210     		None Student Tuition, Fees 4,000
    Max L Segal
    2419 S Fillmore St
    Denver,CO80210     		None Student Tuition, Fees 4,000
    Aaron W Graham
    4696 E Eastman Ave
    Denver,CO80222     		None Student Tuition, Fees 4,000
    Ying Ying Xue
    130 E Highline Circle 205
    Centennial,CO80122     		None Student Tuition, Fees 4,000
    Alannah P Gates
    5041 West Portland Dr
    Littleton,CO80128     		None Student Tuition, Fees 4,000
    Austin L Gates
    215 1st West Parkway
    Sheridan,WY82801     		None Student Tuition, Fees 2,000
    Total .................................bullet 3a 28,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 2  
    4 Dividends and interest from securities....     14 8,612  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............     		        4,710
    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)..   8,614 4,710
    13Total. Add line 12, columns (b), (d), and (e)..................
    1313,324
    (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: 15000324
    Software Version: 2015v2.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    The Louis KMulford Scholarship Foundatn
    EIN:
    23-7398275
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting Fees 2,775 2,775 0 0

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    The Louis KMulford Scholarship Foundatn
    EIN:
    23-7398275
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Hartford Financial Svcs Group 2,890 5,389
    American Tower REIT 1,649 2,424
    EMC Corp    
    General Electric 11,242 17,600
    Schlumberger Ltd    
    Synergy Res Corp 4,362 5,410
    Universal Display Corp 8,573 16,604
    Vodafone GP PLC 7,520 7,033
    Apple Inc 6,570 10,315
    AT&T Inc 5,384 5,506
    BK Montreal    
    Golar Lng Ltd    
    National Oilwell Varco    
    Express Scripts Holdg 6,478 8,129
    New York Com Bancorp 4,023 4,080
    Norfolk Southern Corp    
    Prudential Financial 6,745 6,757
    Verizon Communications    
    Alibaba Group 1,310 1,300
    Bank of America 6,706 6,766
    Bristol Myers Squibb 2,872 3,371
    Home Depot 2,804 3,174
    Honda Motor Company 3,007 2,938
    Kroger Co 5,860 7,111
    Medtroni PLC SHS 5,397 5,615
    Omega Healthcare Inv 12,254 12,033
    Palo Alto Networks Inc 3,088 4,051
    Royal Caribbean Cruises 5,892 6,275
    Salesforce.com Inc 6,548 7,291
    Tesla 3,152 3,840
    Unilever PLC 3,191 3,105
    Visa Inc. 5,722 6,359
    Walt Disney 5,812 5,990
    Weyerhaeuser Co. 1,362 1,349
    Whitewave Foods Corp 3,267 2,763

    TY 2015 InvestmentsOtherSchedule2
    Name:
    The Louis KMulford Scholarship Foundatn
    EIN:
    23-7398275
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Invesco Convertible Securities AT COST    
    Federated Strategic Value AT COST 12,384 14,503
    Mainstay Epoch Global Equity AT COST    
    Virtus Premium Alphasector AT COST    
    Destra High Dividend Strat I AT COST    
    Allianz NF Divid Int AT COST    
    First Tr ETF VI AT COST 5,625 5,888
    IShares MSCI Japan AT COST 8,506 8,726
    Market Vectors Gold Miners AT COST    
    Market Vectors Jr Gold Mines AT COST    
    Pimco Dynamic Income AT COST 2,070 2,073
    Wisdomtree Trust India AT COST 8,305 8,282
    Wisdomtree Trust Japn Hedge AT COST    
    Highland Global Allocation AT COST    
    Highland Lg Sht Healthcare A AT COST 238 230
    Legg Mason SW Alt Credit I AT COST    
    Alerian MLP AT COST 5,537 5,651
    Deutsche X-Trackers MSCI AT COST 8,296 8,272
    Eaton Vance Ltd. AT COST 5,540 5,576
    IShares S&P SMLL-Cap 600 AT COST 2,723 2,704
    Freeport-McMoran Copper & Gold Inc AT COST 2,790 2,361
    Dreyfus Intl Bond I AT COST 2,774 2,774
    Janus Flexible Bond I AT COST 5,628 5,553
    Janus Glb Unconstrained Bd I AT COST 5,037 4,970
    John Hancock Fds Str Inc AT COST 5,548 5,548
    Lord Abbett Sht Duration Inc F AT COST 5,548 5,548
    Metropolitan West Tot Ret d I AT COST 5,548 5,548

    TY 2015 LandEtcSchedule2
    Name:
    The Louis KMulford Scholarship Foundatn
    EIN:
    23-7398275
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Machinery and Equipment 2,625 2,625    


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    The Louis KMulford Scholarship Foundatn
    EIN:
    23-7398275
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Trustee Fees 3,070 3,070 0 0


    TY 2015 TaxesSchedule
    Name:
    The Louis KMulford Scholarship Foundatn
    EIN:
    23-7398275
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise Tax 254 254