Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
ARTEVEL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)800 WILSHIRE BLVD SUITE 1500
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LOS ANGELES, CA900172619
A Employer identification number

95-6136405
B Telephone number (see instructions)

(213) 680-9212
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$5,121,882J 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) 200
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 91,850 91,850  
4 Dividends and interest from securities... 94,721 94,169  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -48,060
b Gross sales price for all assets on line 6a 4,858,876
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 4,590 2,683  
12 Total. Add lines 1 through 11........ 143,301 188,702  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 22,976 11,488   11,488
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 24,141 24,141   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,266 4,207   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 18,562 7,070   11,492
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 158 0   160
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 70,103 46,906   23,140
25 Contributions, gifts, grants paid....... 261,500 261,500
26 Total expenses and disbursements. Add lines 24 and 25 331,603 46,906   284,640
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -188,302
b Net investment income (if negative, enter -0-) 141,796
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 604,589 242,384 242,384
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)....... 2,842,535 Click to see attachment2,514,551 2,439,647
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment389,186 397,353
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,066,537 Click to see attachment2,179,238 2,042,498
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,513,661 5,325,359 5,121,882
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 5,513,661 5,325,359
30 Total net assets or fund balances (see instructions)..... 5,513,661 5,325,359
31 Total liabilities and net assets/fund balances (see instructions). 5,513,661 5,325,359
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
5,513,661
2
Enter amount from Part I, line 27a .....................
2
-188,302
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
5,325,359
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
5,325,359
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 400 WP CAREY INC REIT   2014-05-22 2015-01-02
b 350 WHIRLPOOL CORP   2014-10-24 2015-01-06
c 350 WP CAREY INC REIT   2014-06-23 2015-01-06
d 400 WP CAREY INC REIT   2014-05-22 2015-01-06
e 500 BANK OF NOVA SCOTIA CANADA   2014-10-24 2015-01-09
100 ROYAL BANK OF CANADA CAD   2014-10-22 2015-01-09
150 ROYAL BANK OF CANADA CAD   2014-10-13 2015-01-09
250 BANK OF NOVA SCOTIA CANADA   2014-10-09 2015-01-09
500 BANK OF NOVA SCOTIA CANADA   2014-09-24 2015-01-09
700 ROYAL BANK OF CANADA CAD   2014-08-08 2015-01-09
295 BAXTER INTL INC   2014-10-29 2015-01-13
580 KRAFT FOODS GROUP INC   2014-10-28 2015-01-13
775 HARRIS CORP   2014-10-24 2015-01-13
205 HONEYWELL INTL INC   2014-10-24 2015-01-13
920 PFIZER INC   2014-10-24 2015-01-13
140 WP CAREY INC REIT   2014-08-19 2015-01-13
350 WP CAREY INC REIT   2014-07-28 2015-01-13
50 WP CAREY INC REIT   2014-06-23 2015-01-13
100 OCCIDENTAL PETROLEUM CRP   2014-12-19 2015-01-14
200 OCCIDENTAL PETROLEUM CRP   2014-11-21 2015-01-14
250 OCCIDENTAL PETROLEUM CRP   2014-11-21 2015-01-14
550 OCCIDENTAL PETROLEUM CRP   2014-10-29 2015-01-14
700 PHILLIPS 66   2014-10-24 2015-01-14
850 PHILLIPS 66 DE   2014-10-24 2015-01-14
200 BAXTER INTL INC   2014-11-13 2015-01-16
430 BAXTER INTL INC   2014-10-29 2015-01-16
600 ALPS ETF TR ALERIAN MLP   2014-08-28 2015-01-27
600 WP CAREY INC REIT   2014-10-23 2015-02-06
160 WP CAREY INC REIT   2014-08-19 2015-02-06
550 EXXON MOBIL CORP   2014-10-24 2015-02-18
550 EXXON MOBIL CORP   2014-10-24 2015-02-18
950 ISHARES INTL SELECT DIVID   2015-02-19 2015-03-06
950 ISHARES INTL SELECT DIVID   2015-01-22 2015-03-06
1400 ISHARES INTL SELECT DIVID   2015-01-12 2015-03-06
1900 ISHARES INTL SELECT DIVID   2014-12-22 2015-03-06
625 KRAFT FOODS GROUP INC   2015-02-20 2015-03-31
570 KRAFT FOODS GROUP INC   2014-10-28 2015-03-31
1550 VERIZON COMMUNICATIONS INC DE   2015-01-09 2015-05-08
275 EQUITY RESIDENTIAL SBI DE   2015-04-06 2015-06-03
700 EQUITY RESIDENTIAL SBI DE   2015-02-25 2015-06-03
25 INTERNATIONAL BUSINESS MACHINES   2015-02-20 2015-06-08
100 KELLOGG CO   2015-02-20 2015-06-08
750 UNITED PARCEL SERVICE INC CL B DE   2015-02-13 2015-06-08
300 KELLOGG CO   2015-01-12 2015-06-08
450 INTERNATIONAL BUSINESS MACHINES   2014-12-12 2015-06-08
825 KELLOGG CO   2014-10-29 2015-06-08
475 PROLOGIS INC COM DE   2015-04-06 2015-06-15
1300 PROLOGIS INC COM DE   2015-02-25 2015-06-15
4537.205 DOUBLELINE CORE FIXED INCOME FUND CLASS I   2015-02-18 2015-06-23
4512.635 DOUBLELINE CORE FIXED INCOME FUND CLASS I   2015-01-13 2015-06-23
13.149 DOUBLELINE CORE FIXED INCOME FUND CLASS I   2014-11-03 2015-06-23
4525 DOUBLELINE CORE FIXED INCOME FUND CLASS I   2014-10-27 2015-06-23
1500 BUCKLE CO   2015-02-23 2015-06-26
125 QUALCOMM INC   2015-02-20 2015-06-26
450 QUALCOMM INC   2014-11-18 2015-06-26
500 QUALCOMM INC   2014-11-14 2015-06-26
550 TRAVELERS COS INC/THE DE   2015-06-23 2015-06-29
2100 CISCO SYSTEMS INC DE   2015-06-15 2015-06-29
1300 GARMIN LTD   2015-06-15 2015-06-29
2400 DEUTSCHE X-TRACKERS MSCI EAFE HEDED   2015-05-13 2015-06-29
750 DU PONT DE NEMOURS DE   2015-04-30 2015-06-29
900 ROYAL DUTCH SHELL PLC CL A   2015-04-30 2015-06-29
1450 WISC ENERGY CORP DE   2015-04-01 2015-06-29
1200 SEAGATE TECHNOLOGY PLC SHS DE   2015-02-10 2015-06-29
75 BCE INC NEW CAD   2015-02-20 2015-07-06
500 BCE INC NEW CAD   2014-10-24 2015-07-06
2150 HEWLETT PACKARD CO DE   2015-06-22 2015-07-07
720 PS S&P 500 DOWNSIDE HEDGED PORTFOLIO ETF   2014-11-04 2015-08-07
2630 PS S&P 500 DOWNSIDE HEDGED PORTFOLIO ETF   2014-11-04 2015-08-07
50 PS S&P 500 DOWNSIDE HEDGED PORTFOLIO ETF   2014-08-29 2015-08-07
26.939 FRANKLIN HIGH YIELD TAX-FREE INC FUND   2015-08-03 2015-08-11
16271.063 FRANKLIN HIGH YIELD TAX-FREE INC FUND   2015-07-17 2015-08-11
800 MCDONALS CORP   2015-02-23 2015-08-11
430 CORRECTIONS CORP OF AMER   2015-08-04 2015-08-12
50 ACCENTURE PLC IRELAND   2015-02-20 2015-08-12
200 CORRECTIONS CORP OF AMER   2015-02-20 2015-08-12
100 GENL MILLS INC DE   2015-02-20 2015-08-12
1350 GENL MILLS INC DE   2015-01-12 2015-08-12
800 ACCENTURE PLC IRELAND   2014-12-22 2015-08-12
250 CORRECTIONS CORP OF AMER   2014-08-19 2015-08-12
375 HONEYWELL INTL INC   2015-02-20 2015-08-20
825 PFIZER INC   2015-02-20 2015-08-20
370 HONEYWELL INTL INC   2014-10-24 2015-08-20
1380 PFIZER INC   2014-10-24 2015-08-20
850 AT&T INC   2014-10-06 2015-08-20
116 CUMMINS INC DE   2015-08-04 2015-08-21
346 EMERSON ELECTIC CO DE   2015-08-04 2015-08-21
161 GILEAD SCIENCES INC   2015-08-04 2015-08-21
75 EATON CORP PLC DE   2015-08-03 2015-08-21
200 EMERSON ELECTIC CO DE   2015-08-03 2015-08-21
50 GILEAD SCIENCES INC   2015-08-03 2015-08-21
200 CUMMINS INC DE   2015-07-31 2015-08-21
850 EATON CORP PLC DE   2015-07-31 2015-08-21
1000 EMERSON ELECTIC CO DE   2015-07-31 2015-08-21
300 CUMMINS INC DE   2015-07-21 2015-08-21
50 GILEAD SCIENCES INC   2015-07-21 2015-08-21
425 GILEAD SCIENCES INC   2015-07-17 2015-08-21
1550 DOW CHEMICAL DE   2015-02-10 2015-08-21
200 MICROSOFT CORP DE   2015-02-10 2015-08-21
425 BOEING COMPANY   2014-10-29 2015-08-21
400 BOEING COMPANY   2014-10-24 2015-08-21
250 MICROSOFT CORP   2014-10-24 2015-08-21
350 MICROSOFT CORP   2014-10-15 2015-08-21
195 APPLE INC.   2015-08-10 2015-08-24
500 WAL MART STORES INC DE   2015-08-04 2015-08-24
500 WAL MART STORES INC DE   2015-07-31 2015-08-24
350 3M CO DE   2015-06-15 2015-08-24
250 MCKESSON CORP DE   2015-09-01 2015-09-15
100 MCKESSON CORP DE   2015-08-31 2015-09-15
56.25 HALYARD HEALTH INC ( KIMBERLY CLARK SPIN OFF .125)   2014-11-03 2015-10-22
1950 GOLDMAN SACHS GROUP 6.125%   2015-01-15 2015-11-02
150 DU PONT DE NEMOURS DE   2015-10-07 2015-12-14
150 DU PONT DE NEMOURS DE   2015-10-06 2015-12-14
200 DU PONT DE NEMOURS DE   2015-10-05 2015-12-14
150 DU PONT DE NEMOURS DE   2015-09-30 2015-12-14
350 DU PONT DE NEMOURS DE   2015-09-25 2015-12-14
30 BLACKROCK INC DE   2015-11-06 2015-12-17
10 BLACKROCK INC DE   2015-10-09 2015-12-17
40 BLACKROCK INC DE   2015-10-02 2015-12-17
110 BLACKROCK INC DE   2015-08-20 2015-12-17
650 OAKTREE CAP GROUP LLC   2015-04-06 2015-12-22
275 OAKTREE CAP GROUP LLC   2015-02-20 2015-12-22
290 APPLE INC.   2012-11-19 2015-01-02
200 MICROSOFT CORP   2013-01-14 2015-01-06
75 BCE INC NEW CAD   2011-11-01 2015-01-06
300 BCE INC NEW CAD   2011-10-27 2015-01-06
25 BCE INC NEW CAD   2011-08-23 2015-01-06
505 CORRECTIONS CORP OF AMER   2014-01-09 2015-01-13
300 ALPS ETF TR ALERIAN MLP   2013-07-02 2015-01-13
1510 ALPS ETF TR ALERIAN MLP   2013-05-31 2015-01-13
400 ALPS ETF TR ALERIAN MLP   2013-09-16 2015-01-27
360 ALPS ETF TR ALERIAN MLP   2013-08-16 2015-01-27
330 ALPS ETF TR ALERIAN MLP   2013-07-30 2015-01-27
500 ALPS ETF TR ALERIAN MLP   2013-07-02 2015-01-27
150 BCE INC NEW CAD   2014-01-09 2015-07-06
100 BCE INC NEW CAD   2013-09-11 2015-07-06
220 BCE INC NEW CAD   2013-08-13 2015-07-06
280 BCE INC NEW CAD   2013-07-01 2015-07-06
250 BCE INC NEW CAD   2012-11-19 2015-07-06
100 BCE INC NEW CAD   2011-11-01 2015-07-06
50 PS S&P 500 DOWNSIDE HEDGED PORTFOLIO ETF   2014-04-04 2015-07-09
2350 PS S&P 500 DOWNSIDE HEDGED PORTFOLIO ETF   2014-04-02 2015-07-09
1050 PS S&P 500 DOWNSIDE HEDGED PORTFOLIO ETF   2014-04-09 2015-07-10
2200 PS S&P 500 DOWNSIDE HEDGED PORTFOLIO ETF   2014-04-04 2015-07-10
1700 PS S&P 500 DOWNSIDE HEDGED PORTFOLIO ETF   2014-07-07 2015-07-13
100 PS S&P 500 DOWNSIDE HEDGED PORTFOLIO ETF   2014-04-22 2015-07-13
1350 PS S&P 500 DOWNSIDE HEDGED PORTFOLIO ETF   2014-04-09 2015-07-13
748 PS S&P 500 DOWNSIDE HEDGED PORTFOLIO ETF   2014-07-25 2015-08-06
900 PS S&P 500 DOWNSIDE HEDGED PORTFOLIO ETF   2014-07-24 2015-08-06
450 PS S&P 500 DOWNSIDE HEDGED PORTFOLIO ETF   2014-07-17 2015-08-06
450 PS S&P 500 DOWNSIDE HEDGED PORTFOLIO ETF   2014-07-11 2015-08-06
1308 PS S&P 500 DOWNSIDE HEDGED PORTFOLIO ETF   2014-07-25 2015-08-07
544 PS S&P 500 DOWNSIDE HEDGED PORTFOLIO ETF   2014-07-25 2015-08-07
50 CORRECTIONS CORP OF AMER   2014-07-28 2015-08-12
1370 CORRECTIONS CORP OF AMER   2014-01-09 2015-08-12
250 MICROSOFT CORP   2014-08-19 2015-08-21
500 MICROSOFT CORP   2013-10-16 2015-08-21
200 MICROSOFT CORP   2013-01-14 2015-08-21
210 APPLE INC.   2014-01-30 2015-08-24
175 APPLE INC.   2013-12-18 2015-08-24
315 APPLE INC.   2012-11-26 2015-08-24
130 APPLE INC.   2012-11-19 2015-08-24
1800 GOLDMAN SACHS GROUP 6.125%   2013-11-19 2015-11-02
250 GOLDMAN SACHS GROUP 6.125%   2013-11-05 2015-11-02
1075 OAKTREE CAP GROUP LLC   2014-11-10 2015-12-22
CAPITAL GAINS DIVIDENDS P    
(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 28,166   24,988 3,178
b 65,209   53,900 11,309
c 24,755   22,590 2,166
d 28,292   24,988 3,304
e 26,533   29,995 -3,463
6,528   6,995 -467
9,793   10,746 -953
13,266   15,363 -2,096
26,533   33,350 -6,818
45,699   49,801 -4,102
21,156   20,562 594
36,412   32,808 3,604
52,797   50,670 2,128
20,315   18,596 1,719
29,748   25,934 3,814
9,920   9,566 354
24,800   23,298 1,502
3,543   3,227 316
7,432   7,631 -200
14,864   16,682 -1,819
18,580   20,891 -2,311
40,875   47,990 -7,115
42,524   52,129 -9,605
51,636   63,980 -12,344
14,181   14,238 -56
30,490   29,972 518
10,368   11,433 -1,065
41,924   38,992 2,932
11,180   10,933 247
50,441   51,095 -654
50,441   51,095 -654
32,798   33,516 -718
32,798   32,152 646
48,334   46,090 2,244
65,596   65,276 321
54,219   40,313 13,907
49,448   32,242 17,206
77,464   73,405 4,058
19,756   21,598 -1,843
50,287   54,964 -4,677
4,139   4,018 121
6,137   6,303 -166
74,963   75,801 -838
18,410   19,819 -1,410
74,494   73,248 1,245
50,627   51,113 -486
18,520   20,717 -2,197
50,686   55,973 -5,286
49,592   50,000 -408
49,323   50,000 -677
144   145 -1
49,458   50,001 -543
70,004   74,671 -4,667
8,092   8,830 -738
29,132   31,814 -2,682
32,369   34,698 -2,328
53,113   55,709 -2,596
58,883   60,049 -1,166
57,706   60,034 -2,328
68,967   73,439 -4,472
48,584   56,076 -7,492
51,749   56,799 -5,050
67,235   71,523 -4,288
58,763   72,543 -13,780
3,163   3,384 -221
21,090   21,260 -170
65,101   69,166 -4,065
18,129   21,070 -2,941
66,170   76,965 -10,795
1,259   1,439 -180
281   281 0
169,544   169,219 325
78,947   75,390 3,557
13,933   14,987 -1,055
5,143   4,458 686
6,480   8,032 -1,552
5,867   5,240 627
79,208   71,740 7,468
82,294   67,770 14,524
8,101   8,801 -701
38,597   39,058 -461
28,588   28,565 23
38,083   33,563 4,520
47,820   38,901 8,919
28,993   29,502 -509
14,149   14,993 -844
16,664   17,961 -1,297
17,076   18,951 -1,876
4,331   4,583 -252
9,632   10,376 -744
5,303   5,886 -583
24,395   25,737 -1,341
49,087   52,261 -3,175
48,161   51,657 -3,496
36,593   39,236 -2,643
5,303   5,930 -627
45,076   50,026 -4,950
67,191   74,189 -6,998
8,698   8,482 216
57,374   51,823 5,551
53,999   50,084 3,915
10,872   11,090 -218
15,221   16,289 -1,068
18,558   22,536 -3,978
31,519   36,213 -4,693
31,519   36,145 -4,626
47,708   55,423 -7,715
49,862   50,090 -228
19,945   19,785 160
1,531   2,105 -574
48,750   50,758 -2,008
11,123   7,312 3,810
11,123   7,206 3,917
14,830   9,624 5,206
11,123   7,258 3,865
25,952   17,056 8,896
9,487   10,696 -1,209
3,162   3,128 35
12,649   11,716 933
34,785   36,197 -1,412
30,781   33,475 -2,693
13,023   15,359 -2,336
31,537   22,742 8,795
9,246   5,333 3,913
3,370   2,972 398
13,480   11,649 1,831
1,123   957 166
18,852   16,374 2,478
4,932   5,349 -417
24,824   27,286 -2,462
6,912   6,972 -60
6,221   6,259 -38
5,702   5,926 -224
8,640   8,915 -275
6,327   6,371 -44
4,218   4,269 -51
9,279   8,923 357
11,810   11,138 672
10,545   10,557 -12
4,218   3,963 255
1,292   1,415 -123
60,707   65,542 -4,835
27,205   29,894 -2,688
57,001   62,238 -5,237
43,985   48,637 -4,652
2,587   2,747 -160
34,929   38,435 -3,506
18,917   21,512 -2,596
22,761   25,782 -3,021
11,380   12,888 -1,508
11,380   12,807 -1,427
32,948   37,618 -4,670
13,698   15,645 -1,948
1,620   1,668 -48
44,391   44,422 -31
10,872   11,065 -193
21,745   16,893 4,852
8,698   5,333 3,365
19,985   16,528 3,457
16,654   13,865 2,789
29,978   26,452 3,526
12,372   10,195 2,177
45,000   44,637 363
6,250   6,153 97
50,908   50,737 171
6,840     6,840
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       3,178
b       11,309
c       2,166
d       3,304
e       -3,463
      -467
      -953
      -2,096
      -6,818
      -4,102
      594
      3,604
      2,128
      1,719
      3,814
      354
      1,502
      316
      -200
      -1,819
      -2,311
      -7,115
      -9,605
      -12,344
      -56
      518
      -1,065
      2,932
      247
      -654
      -654
      -718
      646
      2,244
      321
      13,907
      17,206
      4,058
      -1,843
      -4,677
      121
      -166
      -838
      -1,410
      1,245
      -486
      -2,197
      -5,286
      -408
      -677
      -1
      -543
      -4,667
      -738
      -2,682
      -2,328
      -2,596
      -1,166
      -2,328
      -4,472
      -7,492
      -5,050
      -4,288
      -13,780
      -221
      -170
      -4,065
      -2,941
      -10,795
      -180
      0
      325
      3,557
      -1,055
      686
      -1,552
      627
      7,468
      14,524
      -701
      -461
      23
      4,520
      8,919
      -509
      -844
      -1,297
      -1,876
      -252
      -744
      -583
      -1,341
      -3,175
      -3,496
      -2,643
      -627
      -4,950
      -6,998
      216
      5,551
      3,915
      -218
      -1,068
      -3,978
      -4,693
      -4,626
      -7,715
      -228
      160
      -574
      -2,008
      3,810
      3,917
      5,206
      3,865
      8,896
      -1,209
      35
      933
      -1,412
      -2,693
      -2,336
      8,795
      3,913
      398
      1,831
      166
      2,478
      -417
      -2,462
      -60
      -38
      -224
      -275
      -44
      -51
      357
      672
      -12
      255
      -123
      -4,835
      -2,688
      -5,237
      -4,652
      -160
      -3,506
      -2,596
      -3,021
      -1,508
      -1,427
      -4,670
      -1,948
      -48
      -31
      -193
      4,852
      3,365
      3,457
      2,789
      3,526
      2,177
      363
      97
      171
      6,840
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 -47,931
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
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 194,800 4,837,578 0.040268
2013 116,867 3,582,488 0.032622
2012 99,976 2,366,955 0.042238
2011 69,514 1,545,967 0.044965
2010 10,510 2,245,416 0.004681
2
Total of line 1, column (d) .....................
20.164774
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
0.032955
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
5,262,722
5
Multiply line 4 by line 3......................
5
173,433
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,418
7
Add lines 5 and 6........................
7
174,851
8
Enter qualifying distributions from Part XII, line 4.............
8
284,640
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 1,418
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,418
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,418
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 1,357
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,357
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,939
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet1,939 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (213) 680-9212

    Located atbullet800 WILSHIRE BLVD SUITE 1500LOS ANGELESCA ZIP+4bullet900172619
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    SHIRLEY A DEGROOT 4TH VICE PRESIDENT
    0.50     		0 0 0
    4537 E KETCHWOOD CIR
    HIGHLANDS RANCH,CO80130
    GRACE J KREULEN PRESIDENT
    3.00     		0 0 0
    2109 WOODFIELD RD
    OKEMOS,MI48864
    BETTY REINDERS 1ST VICE PRESIDENT
    0.50     		0 0 0
    103 CAPTAIN KIDD CR N
    NOKOMIS,FL34275
    MARVIN TE VELDE 2ND VICE PRESIDENT
    0.50     		0 0 0
    7503 COUNTY ROAD 19
    FORT LUPTON,CO80621
    HARRIET S HILL 3RD VICE PRESIDENT
    0.50     		0 0 0
    107 BROAD MEADOWS LN
    EXTON,PA19341
    MARGARET E HOUTSMA 5TH VICE PRESIDENT
    0.50     		0 0 0
    525 SPRING MEADOW
    STEPHENVILLE,TX76401
    GARY R PHILLIPS SECRETARY
    0.50     		0 0 0
    800 WILSHIRE BLVD SUITE 1500
    LOS ANGELES,CA90017
    GEORGE R PHILLIPS TREASURER
    0.50     		0 0 0
    800 WILSHIRE BLVD SUITE 1500
    LOS ANGELES,CA90017
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,823,607
    b
    Average of monthly cash balances.......................
    1b
    626,727
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,892,531
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,342,865
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    5,342,865
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    80,143
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,262,722
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    263,136
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    263,136
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    1,418
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,418
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    261,718
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    261,718
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    261,718
    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
    284,640
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    284,640
    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
    1,418
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    283,222
    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 7 261,718
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 36,795
    b Total for prior years:20, 20, 20 0
    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........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 284,640
    a Applied to 2014, but not more than line 2a 36,795
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2015 distributable amount..... 247,845
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		13,873
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ARMENIAN MISSIONARY ASSN OF AMERICA INC
    31 W CENTURY RD
    PARAMUS,NJ07652     		NONE PC CHARITABLE SUPPORT (ORPHAN CHILD CARE FUND) 10,000
    BACK TO GOD MINISTRIES INTERNATIONAL
    6555 W COLLEGE DR
    PALO HEIGHTS,IL60463     		NONE PC CHARITABLE SUPPORT (AFRICAN WOMEN'S MINISTRIES) 8,000
    CALVIN COLLEGE
    3201 BURTON ST SE
    GRAND RAPIDS,MI49546     		NONE PC CHARITABLE SUPPORT (FACING YOUR FUTURE PROGRAM) 35,000
    CALVIN THEOLOGICAL SEMINARY
    3233 BURTON ST SE
    GRAND RAPIDS,MI49546     		NONE PC CHARITABLE SUPPORT (DOCTORAL FELLOWSHIP ASSISTANCE F 15,000
    CHRISTIAN REFORMED CHURCH WORLD MISSIONS
    2850 KALAMAZOO AVE SE
    GRAND RAPIDS,MI49560     		NONE PC CHARITABLE SUPPORT (IN DOMINICAN REPUBLIC & NIGERIA) 20,000
    CHRISTIAN SCHOOLS INTERNATIONAL
    PO BOX 8709
    GRAND RAPIDS,MI49518     		NONE PC CHARITABLE SUPPORT (CSI LEADERSHIP ACADEMY) 10,000
    DORDT COLLEGE
    498 4TH AVE NE
    SIOUX CENTER,IA51250     		NONE PC CHARITABLE SUPPORT (COLLEGE FUND) 20,000
    KUYPER COLLEGE
    3333 E BELTLINE AVE NE
    GRAND RAPIDS,MI49525     		NONE PC CHARITABLE SUPPORT (SCHOLARSHIPS TO INTL STUDENTS) 15,000
    MISSION INDIA
    PO BOX 141312
    GRAND RAPIDS,MI49514     		NONE PC CHARITABLE SUPPORT (ADULT LITERACY PROGRAM) 36,000
    ONTARIO CHRISTIAN SCHOOLS
    931 WEST PHILADELPHIA ST
    ONTARIO,CA91762     		NONE PC CHARITABLE SUPPORT (COLLEGE FUND) 37,500
    QUIET WATER MINISTRIES
    9185 EAST KENYON AVENUE STE 150
    DENVER,CO80237     		NONE PC CHARITABLE SUPPORT (GENERAL SUPPORT) 10,000
    WORLD RENEW
    1700 28TH ST SE
    GRAND RAPIDS,MI49508     		NONE PC CHARITABLE SUPPORT (MALI & SIERRA LEONE) 32,000
    WYCLIFFE BIBLE TRANSLATORS
    PO BOX 628200
    ORLANDO,FL32862     		NONE PC CHARITABLE SUPPORT (TRAUMA HEALING WORKSHOP) 13,000
    Total .................................bullet 3a 261,500
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 91,850  
    4 Dividends and interest from securities....     14 94,721  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....     14 4,590  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 -48,060  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 143,101 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13143,101
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    ARTEVEL FOUNDATION
    EIN:
    95-6136405
    Name of Bond End of Year Book Value End of Year Fair Market Value
    900 POWERSHARES EMERGING MARKETS SOVEREIGN DEBT 24,903 24,579
    300 POWERSHARES EMERGING MARKETS SOVEREIGN DEBT 8,393 8,193
    12135.922 PIMCO INCOME FUND CLASS P 150,000 142,354
    22.856 PIMCO INCOME FUND CLASS P 283 268
    53.343 PIMCO INCOME FUND CLASS P DIV REINVEST 661 626
    53.353 PIMCO INCOME FUND CLASS P DIV REINVEST 664 626
    53.417 PIMCO INCOME FUND CLASS P DIV REINVEST 667 627
    54.22 PIMCO INCOME FUND CLASS P DIV REINVEST 670 636
    54.418 PIMCO INCOME FUND CLASS P DIV REINVEST 673 638
    55.322 PIMCO INCOME FUND CLASS P DIV REINVEST 676 649
    56.175 PIMCO INCOME FUND CLASS P DIV REINVEST 679 659
    1360 JP MORGAN CHASE & CO SER O 5.5% 31,686 34,445
    211 JP MORGAN CHASE & CO SER O 5.5% 5,102 5,344
    25 JP MORGAN CHASE & CO SER O 5.5% 582 633
    25 JP MORGAN CHASE & CO SER O 5.5% 590 633
    25 JP MORGAN CHASE & CO SER O 5.5% 599 633
    25 JP MORGAN CHASE & CO SER O 5.5% 604 633
    25 JP MORGAN CHASE & CO SER O 5.5% 609 633
    25 JP MORGAN CHASE & CO SER O 5.5% 609 633
    579 JP MORGAN CHASE & CO SER O 5.5% 12,640 14,664
    1950 JP MORGAN CHASE & CO SER O 5.5% 47,292 49,388
    3275 QWEST CORP 7% DUE 4/1/52 75,577 84,102
    1003 QWEST CORP 7% DUE 4/1/52 25,027 25,757

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    ARTEVEL FOUNDATION
    EIN:
    95-6136405
    Name of Stock End of Year Book Value End of Year Fair Market Value
    430 APPLE INC 48,791 45,262
    180 APPLE INC 19,146 18,947
    750 ARCHER DANIELS MIDLAND CO 33,588 27,510
    250 ARCHER DANIELS MIDLAND CO 11,461 9,170
    550 AT & T INC 19,256 18,926
    350 AT & T INC 12,439 12,044
    100 AT & T INC 3,423 3,441
    325 AT & T INC 11,230 11,183
    143 AT & T INC 5,098 4,921
    375 CAL-MAINE FOOD INC NEW 20,480 17,378
    375 CAL-MAINE FOOD INC NEW 22,058 17,378
    250 CAL-MAINE FOOD INC NEW 15,058 11,585
    2100 CBRE CLARION GLOBAL REAL EATATE 16,871 16,044
    2900 CBRE CLARION GLOBAL REAL EATATE 23,316 22,156
    2000 CBRE CLARION GLOBAL REAL EATATE 15,793 15,280
    2999 CBRE CLARION GLOBAL REAL EATATE 23,983 22,912
    350 CISCO SYSTEMS INC 9,174 9,504
    350 CISCO SYSTEMS INC 9,015 9,504
    800 CISCO SYSTEMS INC 21,860 21,724
    500 CISCO SYSTEMS INC 14,085 13,578
    150 CISCO SYSTEMS INC 4,024 4,073
    1850 CORNING INC 34,429 33,818
    1200 EMC CORP MASS 33,133 30,816
    500 EMC CORP MASS 13,890 12,840
    300 EMC CORP MASS 7,857 7,704
    600 EXXON MOBIL CORP 49,971 46,770
    200 GAMESTOP CORP NEW (HOLDING CO) CL A 8,253 5,608
    200 GAMESTOP CORP NEW (HOLDING CO) CL A 8,100 5,608
    600 GAMESTOP CORP NEW (HOLDING CO) CL A 25,789 16,824
    250 GAMESTOP CORP NEW (HOLDING CO) CL A 11,095 7,010
    300 GAMESTOP CORP NEW (HOLDING CO) CL A 11,420 8,412
    150 GENL DYNAMICS CORP 21,330 20,604
    150 GENL DYNAMICS CORP 21,186 20,604
    200 GENL DYNAMICS CORP 28,312 27,472
    100 GILEAD SCIENCES INC 9,755 10,119
    300 GILEAD SCIENCES INC 29,684 30,357
    200 GILEAD SCIENCES INC 20,574 20,238
    800 HEWLETT PARKARD ENTERPRISE CO 10,700 12,160
    700 HEWLETT PARKARD ENTERPRISE CO 10,361 10,640
    800 HP INC 9,545 9,472
    700 HP INC 9,244 8,288
    1525 INTEL CORP 50,507 52,536
    675 INTEL CORP 23,257 23,254
    150 ISHARES MSCI EAFE ETF 9,043 8,808
    400 ISHARES MSCI EAFE ETF 24,418 23,488
    150 ISHARES MSCI EAFE ETF 9,225 8,808
    400 ISHARES MSCI EAFE ETF 23,771 23,488
    482 JOHNSON & JOHNSON COM 49,404 49,511
    75 JOHNSON & JOHNSON COM 7,478 7,704
    200 JOHNSON & JOHNSON COM 19,898 20,544
    450 KIMBERLY CLARK CORP 48,812 57,285
    775 KOHLS CORP 50,165 36,913
    150 MACY'S INC 8,906 5,247
    150 MACY'S INC 7,590 5,247
    50 MACY'S INC 2,547 1,749
    650 MACY'S INC 32,784 22,737
    950 METREDITH CORP 42,922 41,088
    200 MEREDITH CORP 8,570 8,650
    450 METLIFE INC 25,479 21,695
    450 METLIFE INC 25,504 21,695
    150 METLIFE INC 8,488 7,232
    392 METLIFE INC 21,979 18,898
    1000 MICROCHIP TECHNOLOGY INC 42,953 46,540
    100 MICROCHIP TECHNOLOGY INC 4,487 4,654
    50 MICROCHIP TECHNOLOGY INC 2,129 2,327
    350 MICROCHIP TECHNOLOGY INC 15,971 16,289
    200 MONSANTO CO NEW 17,355 19,704
    300 MONSANTO CO NEW 26,459 29,556
    250 MONSANTO CO NEW 22,489 24,630
    200 NEXTERA ENERGY INC COM 20,056 20,778
    200 NEXTERA ENERGY INC COM 20,118 20,778
    100 NEXTERA ENERGY INC COM 10,232 10,389
    150 NEXTERA ENERGY INC COM 15,228 15,584
    1050 ORACLE CORP. 17,857 38,357
    225 ORACLE CORP. 4,256 8,219
    450 ORACLE CORP. 19,769 16,439
    275 ORACLE CORP. 10,831 10,046
    300 PFIZER INC 9,249 9,684
    300 PFIZER INC 9,336 9,684
    400 PFIZER INC 13,092 12,912
    250 PFIZER INC 8,200 8,070
    500 PFIZER INC 16,489 16,140
    575 POWERSHARES QQQ TRUST ETF SER 1 DE 64,827 64,320
    350 PROCTER & GAMBLE CO 26,159 27,794
    200 PROCTER & GAMBLE CO 15,403 15,882
    2000 PROGRESSIVE CORP OHIO 50,000 63,600
    750 PROGRESSIVE CORP OHIO 20,443 23,850
    375 QUALCOMM INC 20,119 18,744
    375 QUALCOMM INC 21,190 18,744
    125 QUALCOMM INC 7,611 6,248
    250 QUALCOMM INC 13,162 12,496
    250 RAYTHEON CO NEW 25,141 31,133
    250 RAYTHEON CO NEW 27,502 31,133
    600 ROYAL BANK OF CANADA CAD 32,399 32,148
    150 ROYAL BANK OF CANADA CAD 8,152 8,037
    250 ROYAL BANK OF CANADA CAD 14,190 13,395
    50 ROYAL BANK OF CANADA CAD 2,832 2,679
    250 ROYAL BANK OF CANADA CAD 14,583 13,395
    750 ROYAL DUTCH SHELL PLC CL A SPON ADR 35,115 34,343
    400 SONOCO PRODUCTS CO 16,364 16,348
    600 SONOCO PRODUCTS CO 24,719 24,522
    400 SONOCO PRODUCTS CO 16,476 16,348
    1000 TESSERA TECHNOLOGIES INC 33,684 30,010
    250 TESSERA TECHNOLOGIES INC 8,435 7,503
    450 TIME WARNER INC NEW 33,751 29,102
    250 TIME WARNER INC NEW 19,122 16,168
    300 TRAVELERS COS INC/THE 33,951 33,858
    225 UNION PACIFIC CORP 19,657 17,595
    225 UNION PACIFIC CORP 21,494 17,595
    350 UNTD TECHNOLOGIES CORP 38,646 33,625
    150 UNTD TECHNOLOGIES CORP 16,739 14,411
    600 W P CAREY INC REIT 36,334 35,400
    400 W P CAREY INC REIT 24,151 23,600
    328 W P CAREY INC REIT 19,945 19,352
    200 WISDOMTREE TRUST JAPAN HEDGED EQUITY FD 10,141 10,016
    300 WISDOMTREE TRUST JAPAN HEDGED EQUITY FD 15,413 15,024
    600 WISDOMTREE TRUST JAPAN HEDGED EQUITY FD 31,116 30,048
    400 WISDOMTREE TRUST JAPAN HEDGED EQUITY FD 22,046 20,032
    150 WISDOMTREE TRUST EUROPE HEDGED EQUITY FD ETF 8,616 8,072
    350 WISDOMTREE TRUST EUROPE HEDGED EQUITY FD ETF 20,265 18,834
    500 WISDOMTREE TRUST EUROPE HEDGED EQUITY FD ETF 28,968 26,905
    500 WISDOMTREE TRUST EUROPE HEDGED EQUITY FD ETF 30,408 26,905
    150 3M CO 21,120 22,596
    150 3M CO 22,082 22,596

    TY 2015 InvestmentsOtherSchedule2
    Name:
    ARTEVEL FOUNDATION
    EIN:
    95-6136405
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MEMBER INTEREST IN SFE ALTERNATIVE INVESTMENT FUND I, LLC AT COST 267,391 108,416
    MEMBER INTEREST IN SFE ALTERNATIVE INVESTMENT FUND II, LLC AT COST 93,160 119,342
    PROMMISORY NOTE SECURED BY 3575 LARKWOOD, CHINO, CALIF. AT COST 990,000 990,000
    PROMISSORY NOTE SECURED BY 30% LLC INT IN ARTEVEL OF CALIF LLC AT COST 318,802 318,802
    PROMISSORY NOTE SECURED BY 8604 E COUNTY RD 18, JOHNSTOWN, COLORADO AT COST 341,949 341,949
    5116 LOCORR MARKET TREND FUND I FBOID AT COST 63,388 61,495
    1370 LOCORR MARKET TREND FUND I FBOID AT COST 16,882 16,471
    1185 LOCORR MARKET TREND FUND I FBOID AT COST 14,914 14,250
    2487 LOCORR MARKET TREND FUND I FBOID AT COST 31,188 29,895
    3484 LOCORR MARKET TREND FUND I FBOID AT COST 41,564 41,878

    TY 2015 LegalFeesSchedule
    Name:
    ARTEVEL FOUNDATION
    EIN:
    95-6136405
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL AND ACCOUNTING 22,976 11,488   11,488


    TY 2015 OtherExpensesSchedule
    Name:
    ARTEVEL FOUNDATION
    EIN:
    95-6136405
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CALIF REG OF CHARITABLE TRUSTS RENEWAL FEE 150 0   150
    ROUNDING -2 0   0
    FRANCHISE TAX BOARD FORM 199 FILING FEE 10 0   10


    TY 2015 OtherIncomeSchedule2
    Name:
    ARTEVEL FOUNDATION
    EIN:
    95-6136405
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OAKTREE CAPITAL GROUP, LLC - K-1 309 309 309
    SFE ALTERNATIVE INVESTMENT FUND I, LLC -784 -784 -784
    SFE ALTERNATIVE INVESTMENT FUND II, LLC 131 131 131
    IRS REFUND FOR ARTEVEL, LLC 175 175 175
    UBS FINANCIAL #65975 88-OTHER INCOME 2,852 2,852 2,852
    UBS FINANCIAL #65975 88-NONDIVIDEND DISTRIBUTION 1,907 0 1,907


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    ARTEVEL FOUNDATION
    EIN:
    95-6136405
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 24,141 24,141   0


    TY 2015 TaxesSchedule
    Name:
    ARTEVEL FOUNDATION
    EIN:
    95-6136405
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES W/H ON DIVIDENDS-UBS# 65975 1,334 1,334   0
    FORM 990PF-EXCISE TAX ON INVESTMENT INCOME 59 0   0
    CALIF LLC TAX DUE FOR ARTEVEL, LLC (SOLD IN 2014) 2,873 2,873   0