TY 2015 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information 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 04-01-2015 , and ending 03-31-2016

Name of foundation
KINGS DAUGHTERS HOME FOR OLD PEOPLE

Number and street (or P.O. box number if mail is not delivered to street address)C/O TWO RIVERS BANK 222 N MAIN
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BURLINGTON, IA52601

A Employer identification number

42-0627329

B Telephone number (see instructions)

(319) 753-9130

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$8,418,649J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check Sch. B .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	202,477		202,477	202,477
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		19,422
b	Gross sales price for all assets on line 6a 879,155
7	Capital gain net income (from Part IV, line 2)...			97,522
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).......		58,259		58,259
12	Total. Add lines 1 through 11........	280,158		299,999	260,736
13	Compensation of officers, directors, trustees, etc.	42,155		10,539		31,616
14	Other employee salaries and wages......	167,984		41,996		125,988
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		1,800	600		1,200
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		2,952	2,213		739
19	Depreciation (attach schedule) and depletion...		10,270	10,270
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		163,948	60,797		103,151
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	389,109		126,415		262,694
25	Contributions, gifts, grants paid.......	25,775				25,775
26	Total expenses and disbursements. Add lines 24 and 25	414,884		126,415		288,469
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-134,726
b	Net investment income (if negative, enter -0-)			173,584
c	Adjusted net income (if negative, enter -0-)...				260,736

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2015)

Form 990-PF (2015)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	1	3	3
	2	Savings and temporary cash investments.........	391,384	357,353	357,353
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	5,579	5,021	5,580
	b	Investments—corporate stock (attach schedule).......	4,893,263	3,884,725	3,762,063
	c	Investments—corporate bonds (attach schedule).......	1,396,698	1,622,965	1,611,873
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	2,095,459	2,787,861	2,575,070
	14	Land, buildings, and equipment: basis 402,711
		Less: accumulated depreciation (attach schedule) 296,004	116,977	106,707	106,707
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	8,899,361	8,764,635	8,418,649
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................	8,899,361	8,764,635
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see instructions).....	8,899,361	8,764,635
	31	Total liabilities and net assets/fund balances (see instructions).	8,899,361	8,764,635

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

8,899,361

Enter amount from Part I, line 27a .....................

-134,726

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

8,764,635

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

8,764,635

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.)
1a
b
c
d
e

(e) Gross sales price		(f) Depreciation allowed (or allowable)	(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(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
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	97,522
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 ...................		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? Yes No

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	360,301	5,277,382	0.068273
2013	133,934	1,800,778	0.074376
2012	133,130	1,888,150	0.070508
2011	127,944	1,937,138	0.066048
2010	119,822	1,981,767	0.060462

Total of line 1, column (d) .....................

20.339667

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 . . .

0.067933

Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....

8,551,046

Multiply line 4 by line 3......................

580,898

Enter 1% of net investment income (1% of Part I, line 27b)...........

1,736

Add lines 5 and 6........................

582,634

Enter qualifying distributions from Part XII, line 4.............

288,469

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)

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	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	3,472
	hereand 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	3,472
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	3,472
6	Credits/Payments:

a	2015 estimated tax payments and 2014 overpayment credited to 2015	6a	1,600
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	1,600
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	1,872
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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.............................

Yes

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2015)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

TWO RIVERS BANK TRUST Telephone no. bullet

(319) 753-9130

Located at bullet

222 N MAIN STBURLINGTONIA ZIP+4 bullet

52601

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here....... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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)? ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2015)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (Continued)

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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-)
OLIVE SULLIVAN	PRESIDENT 2.00	0
222 N MAIN BURLINGTON,IA52601	PRESIDENT 2.00	0
BETTY EVANS	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
MARY HART	RECORDING SE 2.00	0
222 N MAIN BURLINGTON,IA52601	RECORDING SE 2.00	0
MARILYN GARRETT	CORRESPNDG S 2.00	0
222 N MAIN BURLINGTON,IA52601	CORRESPNDG S 2.00	0
KAY KENT	TREASURER 2.00	0
222 N MAIN BURLINGTON,IA52601	TREASURER 2.00	0
JUDY BROCKET	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
PAT LATTY	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
CHARLOTTE COURSEY	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
MARY DISSELHORST	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
MONIKA DOWELL	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
KAY JACOBS	VICE PRESIDE 2.00	0
222 N MAIN BURLINGTON,IA52601	VICE PRESIDE 2.00	0
JEANETTE FISHER	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
LOIS FORT	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
GLORIA JEWETT	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
PAT ANDERSON	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
PHYLLIS ROXLAU	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
SHARON WALDEN	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
DORIS MOSELY-JOHNSON	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
JUDY TOMKINS	DIRECTOR 1.00	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0
THOMAS JOHANS	TRUSTEE 3.00	42,155
222 N MAIN BURLINGTON,IA52601	TRUSTEE 3.00	42,155

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...................

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	OPERATION OF A FACILITY FOR THE LONG-TERM CARE, COMFORT AND MAINTENANCE OF ELDERLY PERSONS	262,694
2	PROVISION OF FUNDS TO UNRELATED AREA AGENCIES TO SUPPORT AREA RESIDENTS WITH FOOD, SHELTER AND PSYCHOLOGICAL HELP	20,275
3	SUPPORT OF THE NATIONAL ASSOCIATION OF KINGS SONS AND DAUGHTERS IN CHAUTAUGUA, NY	5,500
4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1	N/A
2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2015)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

8,195,054

Average of monthly cash balances.......................

374,369

Fair market value of all other assets (see instructions)................

111,842

Total (add lines 1a, b, and c).........................

8,681,265

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

8,681,265

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

130,219

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

8,551,046

Minimum investment return. Enter 5% of line 5..................

427,552

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

Tax on investment income for 2015 from Part VI, line 5......

Income tax for 2015. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

Distributable amount before adjustments. Subtract line 2c from line 1............

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

288,469

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

288,469

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).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

288,469

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)

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
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......
b From 2011......
c From 2012......
d From 2013......
e From 2014......
fTotal of lines 3a through e........
4Qualifying distributions for 2015 from Part
XII, line 4: $ 288,469
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)........
d Applied to 2015 distributable amount.....
e Remaining amount distributed out of corpus		288,469
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		288,469
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 ..........
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8Excess distributions carryover from 2010 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2016. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2011....
b Excess from 2012....
c Excess from 2013....
d Excess from 2014....
e Excess from 2015....

Form 990-PF (2015)

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 section4942(j)(3) or4942(j)(5)

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	(e) Total
	0				0
b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....	288,469	361,546	134,020	133,815	917,850
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 ....	288,469	361,546	134,020	133,815	917,850
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...	285,035	175,913	60,026	62,939	583,913
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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
BURLINGTON PUBLIC LIBRARY 210 COURT ST BURLINGTON,IA52601	NONE		DONATION	2,000
DES MOINES COUNTY HERITAGE CENTER 501 4TH ST BURLINGTON,IA52601	NONE		DONATION	1,000
DES MOINES COUNTY HUMANE SOCIETY 1000 N ROOSEVELT AVE BURLINGTON,IA52601	NONE		DONATION	1,000
BURLINGTON AREA HOMELESS SHELTER 125 N MARSHALL ST BURLINGTON,IA52601	NONE		DONATION	1,000
STARR'S CAVE NATURE CENTER 11627 STARRS CAVE RD BURLINGTON,IA52601	NONE		DONATION	1,000
YMCA DOMESTIC VIOLENCE SHELTER 2410 MT PLEASANT ST BURLINGTON,IA52601	NONE		DONATION	2,000
ART CENTER OF BURLINGTON 301 JEFFERSON ST BURLINGTON,IA52601	NONE		DONATION	1,000
HOPE HAVEN AREA DEVELOPMENT CENTER 1810 RACINE AVE BURLINGTON,IA52601	NONE		DONATION	2,000
FRIENDS OF THE DEPOT MAIN ST BURLINGTON,IA52601	NONE		DONATION	1,000
SE IOWA COMMUNITY ACTION FOOD PANTR 2850 MT PLEASANT BURLINGTON,IA52601	NONE		DONATION	1,000
SALVATION ARMY 217 S 3RD ST BURLINGTON,IA52601	NONE		DONATION	1,000
VARIOUS NURSING HOME PATIENTS 628 S LEEBRICK ST BURLINGTON,IA52601	NONE		VARIOUS ASSISTANCE	4,275
IOKDS - CHAUTAUQUA PO BOX 1017 CHAUTAUQUA,NY14722	PARENT		DONATION	5,000
IOKDS - CHAUTAUQUA PO BOX 1017 CHAUTAUQUA,NY14722	PARENT		TRAVEL EXPENSES	500
ADVANCED HOME HEALTH CARE 550 S ROOSEVELT AVE BURLINGTON,IA52601	NONE		UNMET HEALTH NEEDS ASSISTANCE	1,000
GREAT RIVER HOSPICE HOUSE 1306 S WASHINGTON WEST BURLINGTON,IA52655	NONE		FINAL WISHES OF THE DYING	1,000
Total ................................. 3a				25,775

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
aROOM AND BOARD FOR ELDERLY					52,454
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	202,477
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory ............			18	97,522	-78,100
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aMISCELLANEOUS			14	5,805
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				305,804	-25,646

13Total. Add line 12, columns (b), (d), and (e)..................

13280,158

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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.)
1A	THE ORGANIZATION OPERATES A RETIREMENT HOME FOR THE CARE
1A	COMFORT AND MAINTENANCE OF THE ELDERLY, AND COLLECTS ROOM
1A	AND BOARD FROM RESIDENTS AS A PARTIAL OFFSET TO THE
1A	FACILITY'S OPERATING EXPENSES

Form 990-PF (2015)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

Yes

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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
1a(1)	317,143	KING'S DAUGHTERS HOME	THIS ENTITY SERVES A A 501(C)(2) TITLE HOLDING ENTITY FOR THE KINGS DAUGHTERS HOME FOR OLD PEOPLE. DURING THE YEAR, EXCESS CASH FUNDS ARE TRANSFERRED TO THE TRUST FOR INVESTMENT AND ALL INVESTMENT INCOME IS TRANSFERRED BACK TO THE HOME ON A QUARTERLY BASIS.

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2015)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2015 AccountingFeesSchedule

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INDIRECT ACCOUNTING FEES	1,800	600		1,200

- TIN:

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TY 2015 DepreciationSchedule

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

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
ELEVATOR	1990-08-16	19,143	19,143	S/L	10.0000
ELEVATOR MOTOR	1994-07-13	1,525	1,525	S/L	10.0000
TV	1992-11-12	891	891	S/L	10.0000
AMANA FREEZER	1994-10-11	662	662	S/L	10.0000
AMANA AIR CONDITIONER	1994-10-11	715	715	S/L	10.0000
CURIO TABLE	1995-06-14	481	481	S/L	10.0000
AIR CONDITIONER & FURNACE	1996-12-10	9,235	9,235	S/L	10.0000
APPLIANCES	1998-03-10	1,831	1,831	S/L	10.0000
ROCKING CHAIR	1999-06-09	86	86	S/L	10.0000
VACUUM	1999-08-10	532	532	S/L	10.0000
CLOTHES DRYER	2003-03-11	364	347	S/L	10.0000
MAYTAG REFRIGERATOR	2005-08-01	1,182	1,123	S/L	10.0000	59	59
REFINISHING FURNITURE	2006-08-17	3,786	3,786	S/L	7.0000
MAYTAG DISHWASHER	2006-09-12	576	576	S/L	7.0000
CROSLEY 20 CU FT FREEZER	2007-11-13	760	760	S/L	7.0000
RANGE	2008-02-12	434	341	S/L	7.0000
FLAT SCREEN TV	2008-02-12	1,567	1,232	S/L	7.0000
REFRIGERATOR	2008-09-09	535	511	200DB	7.0000	24	24
FAUCET & VANITY CABINET	2008-12-22	509	486	200DB	7.0000	23	23
FREEZER	2009-06-20	1,308	1,133	200DB	7.0000	117	117
DISHWASHER	2009-09-08	567	491	200DB	7.0000	51	51
COMPUTER SYSTEM	2011-01-11	762	718	200DB	5.0000	44	44
REMODELING IMPRVMNT	1990-06-30	28,083	28,083	S/L	15.0000
REMODELING	1991-09-11	3,144	3,144	S/L	15.0000
ELECTRICAL WORK	1992-04-17	4,922	4,922	S/L	15.0000
ASPHALT DRIVEWAY	1993-05-13	1,600	1,600	S/L	15.0000
REMODELING	1992-08-13	871	871	S/L	15.0000
CARPET	1992-10-14	398	398	S/L	15.0000
REMODELING	1992-12-23	7,300	7,300	S/L	15.0000
REMODELING	1993-02-12	9,916	9,916	S/L	15.0000
WIRING	1993-02-12	316	316	S/L	15.0000
PLUMBING	1993-03-12	3,890	3,890	S/L	15.0000
CARPET	1993-03-10	793	793	S/L	15.0000
WIRING	1993-03-10	3,342	3,342	S/L	15.0000
REMODELING	1992-10-14	1,829	1,829	S/L	15.0000
ROOF	1994-09-14	12,330	12,330	S/L	15.0000
2ND STORY BATHROOM	2009-12-09	1,083	508	150DB	15.0000	61	61
INTERIOR REMODELING	1996-07-29	19,935	19,935	S/L	15.0000
CARPET	1996-12-18	1,957	1,957	S/L	15.0000
KITCHEN REMODEL	1997-12-09	20,379	20,379	S/L	15.0000
CARPET	1998-03-03	2,049	2,049	S/L	15.0000
INTERIOR REMODELING	1997-04-08	10,517	10,517	S/L	15.0000
HANDRAIL	1997-05-13	4,233	4,233	S/L	15.0000
REMODEL	1998-12-08	1,950	1,950	S/L	15.0000
SIDEWALK	1999-04-13	1,225	1,225	S/L	15.0000
NEW SIGN	1999-06-11	60	60	S/L	15.0000
ENTRY DOOR/GARAGE	1999-07-13	374	374	S/L	15.0000
CEILING FANS	1999-07-13	254	254	S/L	15.0000
CEILING FANS	1999-08-10	1,285	1,285	S/L	15.0000
CARPET	1999-08-19	2,000	2,000	S/L	15.0000
WINDOW	1999-10-12	259	259	S/L	15.0000
CARPET	1999-11-09	446	446	S/L	15.0000
DEPOSIT ON PORCH	2000-01-12	600	600	S/L	15.0000
GARAGE DOOR W/ OPENER	2000-01-12	918	918	S/L	15.0000
CONCRETE	2000-02-08	1,975	1,975	S/L	15.0000
STORM WINDOWS	2000-05-09	2,948	2,850	S/L	15.0000	98	98
STORM DOORS	2000-06-14	494	478	S/L	15.0000	16	16
SERVICE TO 2ND FLOOR	2001-01-10	432	418	S/L	15.0000	14	14
LANDSCAPING	2001-05-09	2,354	2,119	S/L	15.0000	157	157
CARPET RM 11	2004-06-08	450	258	S/L	15.0000	15	15
RE ROOF HOUSE/GARAGE	2004-07-09	16,650	9,541	S/L	15.0000	555	555
BASEMENT REMODEL - BEAUTY SHOP	2004-05-12	11,065	6,343	S/L	15.0000	368	368
REMODEL/RECONSTRUCTION	2006-05-31	27,769	15,736	S/L	15.0000	1,851	1,851
HEAT & SMOKE DETECTORS	2006-04-26	7,920	4,488	S/L	15.0000	528	528
CARPETING	2006-05-03	3,887	2,203	S/L	15.0000	259	259
WATER HEATER	2006-05-09	3,591	2,035	S/L	15.0000	239	239
CONCRETE WORK; WALL SIDEWALK DRIVEWAY	2007-06-04	5,930	2,964	S/L	15.0000	396	396
BOILER	2007-10-09	11,997	5,998	S/L	15.0000	800	800
PARKING BLOCKS	2007-12-06	450	225	S/L	15.0000	30	30
SOUTH SIDE BATH REMODEL	2008-06-10	14,703	14,047	200DB	7.0000	656	656
WEST WALL CONSTRUCTION	2008-06-10	907	866	200DB	7.0000	41	41
BIDET	2008-06-19	551	526	200DB	7.0000	25	25
CARPETING	2008-08-12	1,320	1,261	200DB	7.0000	59	59
ARBOR	2009-06-09	270	127	150DB	15.0000	15	15
REPLACEMENT SIDEWALK	2009-12-08	350	164	150DB	15.0000	20	20
POOL REPAIRS	2010-05-14	8,000	3,101	150DB	15.0000	490	490
ASPHALT DRIVEWAY	2010-05-11	8,755	3,394	150DB	15.0000	536	536
FLAG POLE & LIGHTING	2010-11-09	1,202	934	200DB	7.0000	107	107
ELEVATOR REPAIR	2012-03-14	5,083	1,567	S/L	10.0000	508	508
FURNITURE	2011-10-11	1,619	1,114	200DB	7.0000	144	144
KITCHEN & BAHROOM WINDOWS	2012-03-14	2,851	222	S/L	39.0000	73	73
2ND FLR BATHROOM	2012-04-11	23,715	1,799	S/L	39.0000	608	608
PORCH / DECK	2012-08-16	16,667	1,122	S/L	39.0000	427	427
COUNTER TOP STOVE/OVEN	2013-11-01	2,766	1,919	200DB	7.0000	242	242
MICROWAVE	2013-11-01	281	195	200DB	7.0000	25	25
TABLE & CHAIRS	2013-11-01	1,200	833	200DB	7.0000	105	105
KITCHEN REMODEL	2013-12-01	18,850	624	S/L	39.0000	484	484

- TIN:

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TY 2015 GainLossSaleOtherAssetsSch

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

Name	Date Acquired	How Acquired	Date Sold	Gross Sales Price	Basis	Total (net)
HONEYWELL	2014-08	PURCHASE	2015-07	30,497	28,821	1,676
JOHNSON CONTROLS	2014-08	PURCHASE	2015-07	26,475	29,501	-3,026
GNMA POOL	2003-12	PURCHASE	2015-08	493	558	-65
ISHARES	2013-05	PURCHASE	2016-03	107,474	129,008	-21,534
ISHARES BARCLAYS	2013-12	PURCHASE	2016-03	163,019	161,194	1,825
MORGAN STANLEY	2005-11	PURCHASE	2015-10	25,000	24,970	30
PIMCO TR 0-5	2013-05	PURCHASE	2016-03	205,533	237,767	-32,234
TEMPLETON GLOBAL BOND	2014-06	PURCHASE	2015-07	223,142	247,914	-24,772

- TIN:

TY 2015 InvestmentsCorpBondsSchedule

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ANHEUSER BUSCH	100,875	102,188
APPLE	100,348	102,802
AT&T	105,323	106,412
BERKSHIRE HATHAWAY	51,001	50,446
BN SANTA FE	57,875	59,027
EMC CORP	50,426	46,857
GCB MERCK	50,179	50,144
GE CAPITAL CORP	50,619	51,696
HD	102,086	103,075
INTEL	102,707	107,417
LEHMAN BROTHERS HOLDING	34,040
MORGAN STANLEY 5.375%
OCCIDENTAL PETROLEUM	50,201	50,244
ORACLE	107,127	109,103
PHILLIP MORRIS	50,621	50,370
RAYTHEON	103,003	106,769
TARGET	100,728	103,541
WALMART	100,683	102,648
WELLS FARGO	50,030	50,294
ABBOTT	75,308	76,328
DEERE	75,075	76,644
IBM	104,710	105,868

- TIN:

TY 2015 InvestmentsCorpStockSchedule

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ADR BAIDU	43,692	38,176
APPLE	42,461	43,596
BARON EMER MKTS	179,766	154,209
BERKSHIRE HATHAWAY CLASS B	42,208	56,752
BLACKROCK	14,646	13,623
CEF
COLUMBIA ACORN	260,315	134,295
COMPASS MINERALS	26,289	21,258
CONOCOPHILLIPS	40,158	20,135
DELAWARE SMALL CAP	90,000	80,910
DISCOVER FINANCIAL	42,226	40,736
EBAY	11,085	11,930
ETF VANGUARD REIT	254,876	288,775
EXPRESS SCRIPTS	30,876	27,476
GE	17,547	22,253
GENERAL DYNAMICS	28,978	39,411
ALPHABET INC	38,252	53,403
HARBOR INTERNATIONAL	371,114	332,805
HONEYWELL
ISHARES BARCLAYS INTERMED
ISHARES DJ US TELCOM	29,151	30,730
ISHARES MSCI ACWI INDEX
ISHARES TR S&P MIDCAP	414,125	450,738
JOHNSON & JOHNSON	57,530	64,920
JOHNSON CONTROLS
KINDER MORGAN	104	36
LOWES	26,100	53,025
MASTERCARD	31,755	37,800
MEDTRONIC	40,363	52,500
NOVARTIS	21,985	21,732
NOVO NORDISK	23,015	27,095
OPPENHEIMER DEV MKTS	168,347	130,761
ORACLE	30,788	32,728
PEPSICO	23,487	30,744
PHILLIPMORRIS	43,000	49,055
PIMCO 0-5
PRICELINE	25,242	32,224
SCHLUMBERGER	43,218	29,500
SOUTHERN CO	9,882	10,346
SPDR CONSUMER STAPLES	26,105	31,836
SPDR TR CONSUMER DISCRETIONARY	35,721	55,370
SPDR TR ENERGY	54,168	37,134
SPDR TR INDUSTRIAL	20,589	27,735
SPDR TR MATERIALS	12,500	13,443
SPDR TR TECHNOLOGY	43,525	53,232
SPDR TR UTILITIES	43,035	49,620
STARBUCKS	26,871	35,820
UNILEVER	26,819	27,108
UPS	29,313	31,641
US BANCORP	43,439	48,708
VANGUARD MSCI EMERGING	177,246	136,107
WELLS FARGO	56,030	53,196
GATEWAY FUND	150,000	151,443
ISHARES S&P 600	269,626	274,896
ISHARES EAFE	275,056	234,356
PAYPAL	16,031	19,300
TIME WARNER	28,392	23,579
UNION PACIFIC	27,678	23,862

- TIN:

TY 2015 InvestmentsGovtObligationsSch

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

US Government Securities - End of Year Book Value:

5,021

US Government Securities - End of Year Fair Market Value:

5,580

State & Local Government Securities - End of Year Book Value:

State & Local Government Securities - End of Year Fair Market Value:

- TIN:

TY 2015 InvestmentsOtherSchedule2

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
BAIRD	AT COST	135,000	134,823
MISCELLANEOUS	AT COST	3	3
OPPENHEIMER	AT COST	622,075	564,876
TEMPLETON GLBAL INCOME	AT COST	820,467	703,435
NEUBERGER BERMAN	AT COST	160,000	158,957
STERLING CAPITAL	AT COST	160,000	158,298
VANGUARD S/T TIPS	AT COST	262,000	264,907
ISHARES BARCLAYS	AT COST	274,308	278,355
PIMCO TR 0-5	AT COST	354,008	311,416

- TIN:

TY 2015 LandEtcSchedule2

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
EQUIPMENT	402,711	296,004	106,707	106,707

- TIN:

TY 2015 OtherExpensesSchedule

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
EXPENSES
UTILITIES	13,569	10,177	3,392
GROCERIES	10,925	8,194	2,731
INSURANCE	29,836	22,377	7,459
MISCELLANEOUS	10,783	8,088	2,695
CONTRACT LABOR	2,424	1,818	606
REPAIRS AND MAINTENANCE	82,886		82,886
SUPPLIES	4,367	3,275	1,092
LAWN CARE	4,421	3,316	1,105
TRASH	101	76	25
PEST CONTROL	197	147	50
OFFICE	1,535	1,151	384
CHRISTMAS AND TERMINATION GIF	2,904	2,178	726

- TIN:

TY 2015 OtherIncomeSchedule2

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
ROOM AND BOARD FOR ELDERLY	52,454		52,454
MISCELLANEOUS	5,805		5,805

- TIN:

TY 2015 TaxesSchedule

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN:

42-0627329

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES WH	538	403		135
EXCISE TAX	2,414	1,810		604