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
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
DELOS V SMITH SENIOR CITIZENS
FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)101 WEST FIRST AVENUE   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HUTCHINSON, KS67501
A Employer identification number

48-0861681
B Telephone number (see instructions)

(620) 662-0111
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$18,955,822J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
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).............. 832
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 58 58 58
4 Dividends and interest from securities...... 376,684 376,684 376,684
5a Gross rents.............. 194,134 194,134 194,134
b Net rental income or (loss) 92,917
6a Net gain or (loss) from sale of assets not on line 10 856,675
b Gross sales price for all assets on line 6a 5,030,772
7 Capital gain net income (from Part IV, line 2)... 856,675
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 108,403 106,029 108,403
12 Total. Add lines 1 through 11........ 1,536,786 1,533,580 679,279
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 128,455     128,455
14 Other employee salaries and wages...... 106,211     106,211
15 Pension plans, employee benefits....... 35,692     35,692
16a Legal fees (attach schedule)......... Click to see attachment 2,578 2,293 2,293 285
b Accounting fees (attach schedule)....... Click to see attachment 5,072     5,072
c Other professional fees (attach schedule).... Click to see attachment 57,444 57,444 57,444  
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 23,868 1,678 1,678 430
19 Depreciation (attach schedule) and depletion... Click to see attachment 71,440 360 360
20 Occupancy.............. 106,779     106,779
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 401,239 100,857 103,231 298,008
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 938,778 162,632 165,006 680,932
25 Contributions, gifts, grants paid........ 173,725 173,725
26 Total expenses and disbursements. Add lines 24 and 25 1,112,503 162,632 165,006 854,657
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 424,283
b Net investment income (if negative, enter -0-) 1,370,948
c Adjusted net income (if negative, enter -0-)... 514,273
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
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.......... 244,140 494,860 494,860
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) 511,785 Click to see attachment519,407 519,407
b Investments—corporate stock (attach schedule)........ 7,628,055 Click to see attachment7,673,693 7,673,693
c Investments—corporate bonds (attach schedule)........ 2,199,488 Click to see attachment2,506,941 2,506,941
11 Investments—land, buildings, and equipment: basis bullet2,066,956
Less: accumulated depreciation (attach schedule) bullet12,276 2,055,040 Click to see attachment2,054,680 4,038,511
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,912,614 Click to see attachment852,379 1,081,254
14 Land, buildings, and equipment: basis bullet2,527,275
Less: accumulated depreciation (attach schedule) bullet1,042,604 1,554,897 Click to see attachment1,484,671 2,527,275
15 Other assets (describe bullet) Click to see attachment36,347 Click to see attachment36,347 Click to see attachment113,881
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 16,142,366 15,622,978 18,955,822
Liabilities 17 Accounts payable and accrued expenses.......... 3,883 5,685
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).......... 3,883 5,685
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 16,138,483 15,617,293
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)...... 16,138,483 15,617,293
31 Total liabilities and net assets/fund balances (see instructions).. 16,142,366 15,622,978
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 16,138,483
2 Enter amount from Part I, line 27a..................... 2 424,283
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 16,562,766
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 945,473
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 15,617,293
Form 990-PF (2014)
Form 990-PF (2014)
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 PUBLICALLY TRADED-FNB AGENCY A/C LT P    
b PUBLICALLY TRADED-COMMERCE AGENCY-LT P    
c PUBLICALLY TRADED-SCH/UB AGENCY-LT P    
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 1,209,372   883,446 325,926
b 1,479,391   1,099,095 380,296
c 2,342,009   2,191,556 150,453
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       325,926
b       380,296
c       150,453
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 856,675
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))
2013 751,440 16,202,966 0.046377
2012 705,017 15,380,016 0.045840
2011 681,407 14,711,304 0.046319
2010 635,922 14,115,685 0.045051
2009 612,957 12,819,826 0.047813
2 Total of line 1, column (d) ...................... 2 0.231400
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 0.046280
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 16,262,886
5 Multiply line 4 by line 3....................... 5 752,646
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 13,709
7 Add lines 5 and 6......................... 7 766,355
8 Enter qualifying distributions from Part XII, line 4.............. 8 855,511
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 (2014)
Form 990-PF (2014)
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 Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 13,709
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 13,709
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 13,709
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 15,120
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 15,120
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 1,411
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet1,411 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletKS
    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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
    Yes
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    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
     
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletNONE
    14
    The books are in care ofbulletDIANE LEE Telephone no.bullet (620) 662-3358
    Located atbullet129 WEST 2NDHUTCHINSONKS ZIP+4bullet67501
    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 2014, 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  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    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 2014?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    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 2014 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 2014.)....................
    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 2014?
    4b
     
    No
    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 (2014)
    Form 990-PF (2014)
    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
    JOHN H SHAFFER PRESIDENT/BD
    8.00     		0 0 0
    101 WEST FIRST AVENUE
    HUTCHINSON,KS67501
    JACK WORTMAN V.P./BOARD
    1.00     		0 0 0
    101 WEST FIRST AVENUE
    HUTCHINSON,KS67501
    REBECCA WARNER SECRTY/MANGR
    40.00     		65,158 11,595 0
    101 WEST FIRST AVENUE
    HUTCHINSON,KS67501
    DIANE L LEE TREASURER/BD
    3.00     		0 0 0
    101 WEST FIRST AVENUE
    HUTCHINSON,KS67501
    RAY DILLON III BOARD
    0.50     		0 0 0
    101 WEST FIRST AVENUE
    HUTCHINSON,KS67501
    BOB FEE BOARD
    0.50     		0 0 0
    101 WEST FIRST AVENUE
    HUTCHINSON,KS67501
    DAVE HEDERSTEDT BOARD
    0.50     		0 0 0
    101 WEST FIRST AVENUE
    HUTCHINSON,KS67501
    EARLINE POLK BOARD/MANGR.
    40.00     		63,297 4,147 0
    101 WEST FIRST AVENUE
    HUTCHINSON,KS67501
    EDWIN WIENS BOARD
    3.00     		0 0 0
    101 WEST FIRST AVENUE
    HUTCHINSON,KS67501
    KENT LONGENECKER BOARD
    0.50     		0 0 0
    101 WEST FIRST AVENUE
    HUTCHINSON,KS67501
    PAM LYLE BOARD
    0.50     		0 0 0
    101 WEST FIRST AVENUE
    HUTCHINSON,KS67501
    DICK HOLLOWELL BOARD
    0.50     		0 0 0
    101 WEST FIRST AVENUE
    HUTCHINSON,KS67501
    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
    STEPHANIE UNRUH INSTRUCTOR
    40.00     		58,549 1,756  
    101 WEST FIRST AVE
    HUTCHINSON,KS67501
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 THE DELOS V. SMITH SENIOR CITIZENS FOUNDATION OPERATES THE DELOS V. SMITH SENIOR CENTER. THIS CENTER BENEFITS SENIOR CITIZENS BY OFFERING CLASSES AND ACTIVITIES RELATED TO HEALTH AND WELLNESS, COMPUTERS, CRAFTS AND RECREATIONAL ACTIVITIES, AND OTHER AREAS OF INTEREST AND IMPORTANCE TO THIS AGE GROUP. ATTENDENCE AT EVENTS DURING THE FISCAL YEAR ENDED 6/30/15 WAS 62,960. 681,786
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    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  
    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
    12,124,058
    b
    Average of monthly cash balances.......................
    1b
    113,614
    c
    Fair market value of all other assets (see instructions)................
    1c
    4,272,872
    d
    Total (add lines 1a, b, and c).........................
    1d
    16,510,544
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    16,510,544
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    247,658
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    16,262,886
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    813,144
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
     
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    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
    854,657
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    854
    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
    855,511
    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
    13,709
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    841,802
    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 (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 855,511
    a Applied to 2013, 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 2014 distributable amount.....  
    e Remaining amount distributed out of corpus 855,511
    5 Excess distributions carryover applied to 2014.    
    (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 5 855,511
    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 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. 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 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    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 2014, enter the date of the ruling.......bullet
    1977-12-31
    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) 2014 (b) 2013 (c) 2012 (d) 2011
    514,273 466,657 558,519 735,565 2,275,014
    b 85% of line 2a ......... 437,132 396,658 474,741 625,230 1,933,761
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		855,511 751,440 705,017 690,099 3,002,067
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		173,725 116,575 113,279 136,210 539,789
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		681,786 634,865 591,738 553,889 2,462,278
    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...     		542,096 540,099 512,667 490,377 2,085,239
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    REBECCA WARNER
    101 WEST FIRST AVE
    HUTCHINSON,KS67501
    (620) 662-0111
    bThe form in which applications should be submitted and information and materials they should include:
    SUBMIT APPLICATION FOR GRANT FUNDS IN LETTER FORM. ATTACH A COPY OF YOUR 501(C)(3) EXEMPTION LETTER FROM THE IRS.
    cAny submission deadlines:
    NONE. GRANT REQUESTS ARE CONSIDERED IN SEPTEMBER AND MARCH OF EACH YEAR. CERTAIN EMERGENCY NEED SITU
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    MUST BE A 501(C)(3) ORGANIZATION OR GOVERNMENT AGENCY. GRANTS ARE CONSIDERED THAT MEET THE MISSION OF THE ORGANIZATION WHICH IS TO ENHANCE THE QUALITY OF LIFE OF OLDER CITIZENS THROUGH THE SUPPORT OF EDUCATION , CULTURAL PROGRAMS, THE ARTS AND THE SUPPORT OF THEIR GENERAL WELFARE IN HUTCHINSON AND RENO COUNTY KANSAS.
    Form 990-PF (2014)
    Form 990-PF (2014)
    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
    FRIENDS IN ACTIONVOL CNT
    1300 N PLUM
    HUTCHINSON,KS67501     		NONE PC ASSIST FRAIL ELDERLY 24,000
    YOUTHFRIENDS OF RENO CO
    1520 N PLUM
    HUTCHINSON,KS67501     		NONE PC TRAINING FOR SR MENTORS 15,000
    HISTORIC FOX THEATRE
    18 E FIRST
    HUTCHINSON,KS67501     		NONE PC FUND LIVE PERFORMANCES 22,000
    KPTSCHANEL 8
    320 W 21ST ST NORTH
    WICHITA,KS672032499     		NONE PC TELEVISION PROGRAM OF INTEREST TO SR 15,000
    HUTCHINSON SYMPHONY ASSOC
    PO BOX 1241
    HUTCHINSON,KS675041241     		NONE PC FUND PERFORMANCES 5,000
    HUTCHINSON MEALS-ON-WHEELS
    700 MONTEREY PLACE
    HUTCHINSON,KS67502     		NONE PC MEALS FOR HOMEBOUND 10,000
    KANSAS COSPMOSPHERE
    1100 N PLUM
    HUTCHINSON,KS67501     		BD MBR IS EE PC FUND EXHIBITS AND PROGRAMS 50,000
    HUTCHINSON THEATER GUILD
    9 SOUTH MAIN
    HUTCHINSON,KS67501     		NONE PC FUNDING PERFORMANCES 5,000
    RSVPVOLUNTEER CENTER
    1300 N PLUM
    HUTCHINSON,KS67501     		NONE PC FUND PROGRAM 7,000
    FOP HUTCH COMMUN FDN OTHER
    HUTCHINSON
    HUTCHINSON,KS67501     		NONE PC FUND PROGRAMS 1,225
    FAMILY COMMUNITY THEATER
    310 N MAIN
    HUTCHINSON,KS67501     		NONE PC THEATER PROGRAMS 5,000
    RENO COUNTY HISTORICAL SOCIETY INC
    100 S WALNUT
    HUTCHINSON,KS67501     		NONE PC MOBILITY ASSISTANCE FOR SENIOR CITIZ 14,500
    Total .................................bullet 3a 173,725
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    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
    aGROUP ACTIVITIES FOR SR. CIT.         2,374
    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 58  
    4 Dividends and interest from securities....     14 376,684  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 92,917  
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....     15 106,029  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 856,675  
    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)..   1,432,363 2,374
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,434,737
    (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.)
    1A FOR CERTAIN CLASSES OR EVENTS, PARTICIPANTS PARTIALLY
    1A REIMBURSE THE CENTER FOR SUPPLIES NECESSARY FOR THE
    1A CLASS OR ACTIVITY.
    Form 990-PF (2014)
    Form 990-PF (2014)
    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
    Yes
    No
    organizations?
    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 namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    DELOS V SMITH SENIOR CITIZENS
    FOUNDATION INC
    EIN: 48-0861681
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
      5,072     5,072

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

    TY 2014 DepreciationSchedule
    Name:
    DELOS V SMITH SENIOR CITIZENS
    FOUNDATION INC
    EIN: 48-0861681
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    DEPRECIATION           360 360 360  
    DEPRECIATION     73,200     71,080      

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    DELOS V SMITH SENIOR CITIZENS
    FOUNDATION INC
    EIN: 48-0861681
    Name of Bond End of Year Book Value End of Year Fair Market Value
    HELD IN AGENCY A/C AT FIRST NATIONAL    
    BELLSOUTH CORP NT SER 2004    
    CISCO SYSTEMS INC SR NT SER 2006 5.5 25,770 25,770
    GOLDMAN SACHS SER 2005 5.125    
    HONEYWELL INTL SR NT SER 2007 5.3 26,815 26,815
    ML SER 2004 5.0    
    ABERDEEN GLOBAL HIGH INCOME 138,026 138,026
    FEDERATED GOVT US SEC 2-5 YRS 23,690 23,690
    FIDELITY FLOATING RATE HIGH 150,588 150,588
    PRINCIPAL SHORT TERM INC. 185,241 185,241
    ISHARES BARCLAYS 1-3 BD 154,835 154,835
    ISHARES INVEST GRADE BD 241,855 241,855
    AGENCY A/C AT COMMERCE:    
    VANGUARD INTER INVEST BD 98,160 98,160
    WELLS FARGO ADVANTAGE CORE BOND 145,788 145,788
    BAIRD AGG BOND    
    COMMERCE BOND FD 574,378 574,378
    DODGE AND COX INC 144,932 144,932
    BLACKROCK HI YLD BOND 11,743 11,743
    GOLDMAN SACHS HI YLD BOND 11,686 11,686
    HARTFORD FLOAT RATE BOND Y 20,108 20,108
    VANGUARD HIGH YIELD CORP FUND 11,976 11,976
    FIDELITY EMERG INC FD 15,471 15,471
    PIMCO EMERG LOCAL BD 14,625 14,625
    ISHARES S&P US PREFERRED 11,751 11,751
    PIMCO EMERGING MRKTS BOND 11,942 11,942
    HI YIELD TE FUNDS 24,447 24,447
    AGENCY A/C UBS:    
    FEDERATED FLOATING RATE 104,771 104,771
    FEDERATED INST HIGH 125,641 125,641
    GOLDMAN STRATEGIC 49,396 49,396
    PIMCO INCM 183,306 183,306

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    DELOS V SMITH SENIOR CITIZENS
    FOUNDATION INC
    EIN: 48-0861681
    Name of Stock End of Year Book Value End of Year Fair Market Value
    HELD IN AGENCY A/C AT FIRST NATIONAL    
    PUBLICALLY TRADED COMMON STOCKS 447,498 447,498
    DODGE AND COX GLOBAL 99,816 99,816
    FEDERATED MDT STK 148,056 148,056
    MARKETFIELD FUND    
    T ROWE PRICE NEW ERA 194,254 194,254
    THIRD AVENUE R/E VAL FD 198,586 198,586
    WASATCH L/S FD    
    ISHARES DOW INTL    
    ISHARES MSCI EMERGING MINIMUM VOLATI 101,748 101,748
    ISHARES CORE S&P 500 832,196 832,196
    ISHARES CORE S&P ETF    
    ISHARES S&P MIDCAP    
    ISHARES S&P SMALL CAP 168,215 168,215
    ISHARES DOW JONES INTERNATIONAL SELE 143,965 143,965
    HELD IN AGENCY A/C AT COMMERCE:    
    PUBLICLY TRADED COMMON STKS 548,243 548,243
    ETF RUSSELL MIDCAP 167,804 167,804
    ETF RUSSELL VAL INDEX    
    ETF RUSSELL 1000 VAL    
    ALLIANZGI NFJ DIV VALUE FUND 108,344 108,344
    ARTISAN MID CAP VAL 55,042 55,042
    CLEARBRIDGE SMALL CAP GROWTH 51,841 51,841
    DFA US TARGETED VALUE 156,949 156,949
    MORGAN STANLEY INSTITUTIONAL FUND MI 96,294 96,294
    WELLS FARGO ADVAN PREMIER LARGE CO G 90,097 90,097
    NATIXIS LOOMIS VAL 84,965 84,965
    PRUDENTIAL JENNISON 99,027 99,027
    T ROWE PRICE NEW HORIZONS 38,368 38,368
    TIAA-CREF LARGE CAP VALUE INDEX 83,940 83,940
    TARGET SMALL CAP VALUE    
    VANGUARD MORGAN GR 160,865 160,865
    MSCI CANADA ETF 29,470 29,470
    PARTNERRE HLDGS LTD    
    VANGUARD FTSE ALL WORLD SMALL CAP 63,190 63,190
    CAUSEWAY EMERGING MARKETS 55,621 55,621
    COLUMBIA ACORN INTL Z 62,134 62,134
    DODGE AND COX INTL 122,063 122,063
    INVESCO DEVEL MKTS 52,448 52,448
    LAZARD DEVEL MKTS    
    MFS RESEARCH INTL 209,103 209,103
    AGENCY A/C UBS/SCHWAB    
    PUBLICALLY TRADED COMMON STOCK 1,186,133 1,186,133
    PUBLICALLY TRADED EQUITY FUNDS 1,817,418 1,817,418
    TORTOISE MLP FUND    
    TORTOISE ENERGY INDEPENDENCE    
    FEDERATED KAUFMANN LG    
    FEDERATED STRATEGIC VALUE    
    FEDERATED INTERNATIONAL LEADERS    
    FIRST EAGLE OVERSEAS    
    HENDERSON GLOBAL INV EUR    
    JP MORGAN MID CAP    
    OPPENHEIMER DEVEL MKTS    

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    DELOS V SMITH SENIOR CITIZENS
    FOUNDATION INC
    EIN: 48-0861681
    US Government Securities - End of Year Book Value:

    519,407
    US Government Securities - End of Year Fair Market Value:

    519,407
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2014 InvestmentsLandSchedule2
    Name:
    DELOS V SMITH SENIOR CITIZENS
    FOUNDATION INC
    EIN: 48-0861681
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FARMLAND 2,050,775   2,050,775 4,038,511
    FARM EQUIPMENT 16,181 12,276 3,905  

    TY 2014 InvestmentsOtherSchedule2
    Name:
    DELOS V SMITH SENIOR CITIZENS
    FOUNDATION INC
    EIN: 48-0861681
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AGENCY ACCOUNT COMMERCE BANK:      
    ABSOLUTE STRAT HEDGE FUND FMV    
    AQR DIVERSIFIED ARBITRAGE FUND FMV 39,636 39,636
    AQR MANAGED FUTURES STRATEGY FUND I FMV 79,455 79,455
    ROBECO BOSTON PARTNERS LONG/SHORT RE FMV 178,718 178,718
    SWAN DEFINED RISK FUND I FMV 77,004 77,004
    CREDIT SUISSE EQUAL WEIGHT MLP INDEX FMV 53,100 53,100
    JP MORGAN ALERIAN MLP FMV 51,084 51,084
    VANGUARD REIT INDEX FUND FMV 54,074 54,074
    PRUDENTIAL GLOBAL REAL ESTATE FUND FMV    
    IPATH DOW JONES UBS COMMODITIES FMV    
    AGENCY ACCOUNT UBS/SCHWAB:      
    BLACKSTONE GROUP LP FMV 32,696 32,696
    GOLDMAN SACHS MLP FMV 63,050 63,050
    EAGLE ROCK ENERGY FMV    
    BLACKROCK MULTI SECTOR FMV    
    PIMCO DYNAMIC CR INCOME FMV    
    FRANKLIN/TEMPLETON GLOBAL FMV    
    GOLDMAN SACHS STRAT FMV    
    PIMCO INCOME FUND FMV    
    PIMCO TOTAL RETURN FMV    
    AMER BAL FUND CLASS F FMV    
    PIMCO ALL ASSET FUND FMV    
    SHORT OPTIONS FMV    
    UBS STRUCTURED FMV    
    HSBC USA STRUCTURED FMV    
    SKYBRIDGE MULTI ADVISER HEDGE LLC FMV 156,874 156,874
    HATTERAS CORE ALT TEI FUND FMV 61,202 61,202
    OTHER ASSETS NOT IN AGENCY A/C'S:      
    FARM COOP STOCK AT COST 2,536 5,142
    FILM RESIDUALS AT COST 2,950 6,529
    OIL AND GAS ROYALTIES AT COST   222,690

    TY 2014 LandEtcSchedule2
    Name:
    DELOS V SMITH SENIOR CITIZENS
    FOUNDATION INC
    EIN: 48-0861681
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    SENIOR CITIZENS CENTER BLDG AND EQUI 2,527,275 1,042,604 1,484,671 2,527,275


    TY 2014 LegalFeesSchedule
    Name:
    DELOS V SMITH SENIOR CITIZENS
    FOUNDATION INC
    EIN: 48-0861681
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CENTER 285     285
    FOR OIL AND GAS LEASES, ETC. 2,293 2,293 2,293  


    TY 2014 OtherAssetsSchedule
    Name:
    DELOS V SMITH SENIOR CITIZENS
    FOUNDATION INC
    EIN: 48-0861681
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ART AND PIANO USED AT SR CENTER 36,347 36,347 113,881


    TY 2014 OtherDecreasesSchedule
    Name:
    DELOS V SMITH SENIOR CITIZENS
    FOUNDATION INC
    EIN: 48-0861681
    Description Amount
       


    TY 2014 OtherExpensesSchedule
    Name:
    DELOS V SMITH SENIOR CITIZENS
    FOUNDATION INC
    EIN: 48-0861681
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FARMS ACTIVITY        
    FARM EXPENSES 100,857 100,857 100,857  
    EXPENSES        
    SUPPLIES AND PUBLICATIONS 108,606   2,374 106,232
    UTILITIES 33,841     33,841
    DUES 313     313
    OTHER CLASS EXPENSE 77,354     77,354
    STATE ANNUAL FEE 40     40
    ADVERTISING AND PUBLICITY 23,159     23,159
    COMPUTER SUPPORT AND MAINTENA 5,931     5,931
    OFFICE SUPPLES 9,462     9,462
    INSURANCE 41,676     41,676


    TY 2014 OtherIncomeSchedule2
    Name:
    DELOS V SMITH SENIOR CITIZENS
    FOUNDATION INC
    EIN: 48-0861681
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    GROUP ACTIVITIES FOR SR. CIT. 2,374   2,374
    LITIGATION SETTLEMENT FUNDS 958 958 958
    OIL AND GAS INCOME 103,897 103,897 103,897
    FILM RESIDUALS 1,174 1,174 1,174


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    DELOS V SMITH SENIOR CITIZENS
    FOUNDATION INC
    EIN: 48-0861681
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES-AGENCY ACCOUNTS 57,444 57,444 57,444  


    TY 2014 TaxesSchedule
    Name:
    DELOS V SMITH SENIOR CITIZENS
    FOUNDATION INC
    EIN: 48-0861681
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAX ON OIL AND GAS ROYA 1,678 1,678 1,678  
    EXCISE TAX ESTIMATES PAID 15,120      
    EXCISE TAX BALANCE DUE ON PRIOR 6,640      
    PROPERTY TAX ON CENTER BUILDING 430     430