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
HENAGAN FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)100 GALLERIA PARKWAY SUITE 1150   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ATLANTA, GA303396402
A Employer identification number

58-2590432
B Telephone number (see instructions)

(770) 818-9521
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$2,463,852J 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).............. 400,000
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 39 39  
4 Dividends and interest from securities...... 41,846 41,846  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 17,548
b Gross sales price for all assets on line 6a 2,099,109
7 Capital gain net income (from Part IV, line 2)... 17,548
8 Net short-term capital gain.........  
9 Income modifications........... 500
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 5,280 5,280  
12 Total. Add lines 1 through 11........ 464,713 64,713 500
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,308 3,308   0
c Other professional fees (attach schedule).... Click to see attachment 18,285 18,285   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,144 1,144   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 276 276   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 23,013 23,013   0
25 Contributions, gifts, grants paid........ 123,133 123,133
26 Total expenses and disbursements. Add lines 24 and 25 146,146 23,013   123,133
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 318,567
b Net investment income (if negative, enter -0-) 41,700
c Adjusted net income (if negative, enter -0-)... 500
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.......... 292,499 477,358 477,358
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)........ 1,266,950 Click to see attachment1,322,424 1,595,990
c Investments—corporate bonds (attach schedule)........ 276,958 Click to see attachment391,408 390,504
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 35,716 Click to see attachment0 0
14 Land, buildings, and equipment: basis bullet7,570
Less: accumulated depreciation (attach schedule) bullet7,570      
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,872,123 2,191,190 2,463,852
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 1,872,123 2,191,190
30 Total net assets or fund balances (see instructions)...... 1,872,123 2,191,190
31 Total liabilities and net assets/fund balances (see instructions).. 1,872,123 2,191,190
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 1,872,123
2 Enter amount from Part I, line 27a..................... 2 318,567
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 500
4 Add lines 1, 2, and 3.......................... 4 2,191,190
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 2,191,190
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 ALLERGAN PLC (PREVIOUSLY-ACTAVIS PLC)   2015-06-01 2015-10-09
b ALLERGAN PLC (PREVIOUSLY-ACTAVIS PLC)   2015-06-01 2015-10-27
c ALLERGAN PLC (PREVIOUSLY-ACTAVIS PLC)   2015-07-14 2015-10-27
d ALIBABA GROUP HOLDING LTD   2014-10-28 2015-02-11
e AMERICAN INTERNATIONAL GROUP   2013-04-23 2015-01-20
AMERICAN INTERNATIONAL GROUP   2013-05-06 2015-01-20
AMERICAN INTERNATIONAL GROUP   2013-05-06 2015-01-16
AMERICAN INTERNATIONAL GROUP   2013-05-22 2015-01-20
AMGEN INC.   2014-08-28 2015-06-12
AMGEN INC.   2014-08-28 2015-06-11
ANNALY CAPITAL MGMT INC.   2014-10-21 2015-03-03
APPLE   2014-11-25 2015-09-09
APPLE   2014-11-25 2015-08-07
APPLE   2014-11-25 2015-07-09
BAIDU INC.   2014-11-20 2015-03-04
BANK OF AMERICA CORP   2014-08-26 2015-02-02
BANK OF AMERICA CORP   2014-09-22 2015-02-02
BARRICK GOLD CORP   2015-05-22 2015-07-07
BIOGEN IDEC INC.   2014-06-05 2015-07-30
BIOGEN IDEC INC.   2014-06-05 2015-06-09
BOEING CO   2015-01-06 2015-10-19
BOEING CO   2015-01-06 2015-06-19
CABELAS (4/7/2011)   2009-12-22 2015-08-14
CHENIERE ENERGY   2014-05-30 2015-09-11
CHENIERE ENERGY   2014-06-02 2015-09-11
CHENIERE ENERGY   2015-09-11 2015-09-28
CHEVRON CORP   2012-08-09 2015-03-10
CHEVRON CORP   2015-01-12 2015-03-10
CUMMINS, INC   2014-11-26 2014-12-19
CVS HEALTH CORPORATION   2015-08-03 2015-11-04
CVS HEALTH CORPORATION   2015-08-03 2015-11-12
CVS HEALTH CORPORATION   2015-08-11 2015-11-12
DOLLAR TREE INC.   2015-09-23 2015-10-13
DOMINION RESOURCES INC.   2014-11-14 2015-06-10
DOMINION RESOURCES INC.   2015-01-09 2015-06-10
ECOLAB INC.   2013-05-07 2015-01-09
EOG RES. INC.   2015-05-04 2015-07-22
EPIRUS BIOPHARMACEUTICALS   2015-03-02 2015-05-20
GOOGLE INC. CL C (SPIN OFF OF CLASS A STOCK)   2014-04-03 2014-12-10
HESS CORPORATION   2015-10-09 2015-10-21
HUNTINGTON BANCSHARES, INC.   2015-03-11 2015-08-26
ILLINOIS TOOL WORKS, INC.   2015-09-10 2015-10-21
ISHA HEDGED MSCI GERMANY ETF   2015-03-03 2015-06-11
ISHARES 20+ YEAR TREASURY BOND   2014-02-05 2015-05-14
ISHARES 20+ YEAR TREASURY BOND   2014-02-05 2015-05-14
ISHARES 20+ YEAR TREASURY BOND ETF   2014-10-16 2015-02-26
ISHARES 20+ YEAR TREASURY BOND ETF   2014-10-16 2015-05-14
ISHARES 20+ YEAR TREASURY BOND ETF   2015-01-09 2015-02-26
ISHARES 20+ YEAR TREASURY BOND ETF   2015-01-15 2015-02-26
ISHARES CHINA LARGE CAP ETF   2015-01-16 2015-03-11
ISHARES CHINA LARGE CAP ETF   2015-01-26 2015-03-11
ISHARES MSCI GERMANY ETF   2015-02-02 2015-06-11
ISHARES MSCI GERMANY ETF   2015-02-02 2015-06-11
ISHARES MSCI JAPAN ETF   2015-03-30 2015-07-14
ISHARES MSCI JAPAN ETF   2015-03-30 2015-08-03
JOHNSON & JOHNSON   2012-06-19 2015-09-28
JOHNSON & JOHNSON   2012-06-19 2015-02-23
KEYCORP NEW   2015-06-10 2015-08-12
LIBERTY MEDIA CORP - STARZ   2012-12-21 2015-08-27
LIBERTY MEDIA CORP - C   2012-12-21 2015-08-24
LIBERTY BROADBAND-A (LIBERTY MEDIA CORP)   2012-12-21 2015-08-24
LIBERTY BROADBAND-C (LIBERTY MEDIA CORP-C)   2012-12-21 2015-08-24
LIBERTY BROADBAND-RIGHTS   2014-12-11 2014-12-17
LIBERTY BROADBAND-RIGHTS   2014-12-11 2015-01-08
LOWES COMPANIES   2014-11-04 2015-11-16
LOWES COMPANIES   2014-11-06 2015-11-16
MERCK & CO   2014-02-14 2015-07-06
MICROSOFT   2014-02-03 2015-03-30
MICROSOFT   2014-02-26 2015-03-30
MICROSOFT   2014-07-31 2015-03-20
NIKE INC   2014-10-08 2015-11-24
NOVARTIS AG   2015-03-02 2015-09-30
NOVARTIS AG   2015-03-02 2015-09-25
NOVARTIS AG   2015-03-24 2015-09-25
PALO ALTO NETWORKS, INC.   2015-07-14 2015-11-02
PAYPAL HOLDINGS INC.   2015-08-04 2015-10-01
PHILLIPS 66   2014-02-21 2015-08-25
PHILLIPS 66   2014-02-21 2014-12-15
PHILLIPS 66   2014-03-31 2014-12-15
PHILLIPS 66   2015-08-11 2015-08-25
PRUDENTIAL FINANCIAL INC.   2015-06-19 2015-08-20
PRUDENTIAL FINANCIAL INC.   2015-06-19 2015-08-20
REGENERON PHARMACEUTICALS, INC.   2015-01-09 2015-03-30
REGIONS FINANCIAL CORP   2015-05-22 2015-08-17
ROCHE HOLDING LTD.   2013-09-11 2015-03-16
ROCHE HOLDING LTD. (STOCK SPLIT)   2013-09-11 2015-03-16
SEALED AIR CORP   2014-12-16 2015-11-16
SEALED AIR CORP   2015-01-12 2015-11-13
SEALED AIR CORP   2015-01-27 2015-11-13
SPDR S&P REGIONAL BANKING   2015-07-01 2015-07-31
SPDR S&P REGIONAL BANKING   2015-07-20 2015-07-31
SPDR GOLD TRUST ETF   2015-10-15 2015-11-04
SPDR GOLD TRUST ETF   2015-10-19 2015-11-04
STAG INDUSTRIES   2012-05-24 2015-04-15
STAG INDUSTRIES   2014-03-20 2015-04-15
STRATASYS   2013-07-02 2014-12-19
STRATASYS   2013-09-27 2014-12-19
SVB FINANCIAL GROUP   2015-06-12 2015-08-27
SYNAPTICS INC.   2015-06-17 2015-07-20
TJX COMPANIES, INC   2015-08-11 2015-11-09
TJX COMPANIES, INC   2015-08-17 2015-11-09
TOTAL SA   2013-08-28 2014-12-04
THE TRAVELERS COS INC.   2014-11-14 2015-06-19
THERMO FISHER SCIENTIFIC, INC.   2015-05-26 2015-09-28
UNDER ARMOUR INC. CLASS A   2015-04-30 2015-06-01
UNDER ARMOUR INC. CLASS A   2015-04-30 2015-05-19
UNION PACIFIC CORP   2012-01-19 2015-06-16
UNION PACIFIC CORP (2 FOR 1 STOCK SPLIT)   2012-01-19 2015-06-16
UNION PACIFIC CORP   2012-01-19 2014-12-12
UNION PACIFIC CORP   2014-03-20 2014-12-12
UNION PACIFIC CORP (2 FOR 1 STOCK SPLIT)   2014-03-20 2014-12-12
UNITED PARCEL SERVICE CL B   2014-10-30 2015-03-12
UNITED PARCEL SERVICE CL B   2014-10-30 2015-02-02
VANGUARD FTSE DEVELOPED MARKETS ETF   2015-02-09 2015-08-12
VANGUARD FTSE DEVELOPED MARKETS ETF   2015-02-15 2015-08-12
VANGUARD FTSE DEVELOPED MARKETS ETF   2015-02-24 2015-08-11
VERIZON COMMUNICATIONS INC   2010-05-27 2015-08-14
VERIZON COMMUNICATIONS INC   2010-05-27 2015-06-19
VERIZON COMMUNICATIONS INC (ASSET EXCHANGE)   2014-02-24 2015-06-19
V-F CORP   2014-10-23 2015-05-29
WELLS FARGO & COMPANY   2014-03-26 2014-12-17
WELLS FARGO & COMPANY   2014-09-05 2014-12-17
WISDOMTREE JAPAN HEDGED EQUITY ETF   2014-12-12 2015-07-06
WISDOMTREE JAPAN HEDGED EQUITY ETF   2014-12-12 2015-08-25
WISDOMTREE JAPAN HEDGED EQUITY ETF   2014-11-07 2015-08-25
WISDOMTREE EUROPE HEDGED EQUITY ETF   2015-04-13 2015-06-11
(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 20,874   22,861 -1,987
b 12,117   14,630 -2,513
c 9,340   11,242 -1,902
d 15,924   17,245 -1,321
e 21,939   17,123 4,816
5,408   4,828 580
1,999   1,777 222
9,949   8,791 1,158
23,835   20,742 3,093
14,189   12,257 1,932
29,469   31,459 -1,990
3,430   3,601 -171
5,675   5,807 -132
4,429   4,181 248
13,397   16,023 -2,626
32,059   33,555 -1,496
7,751   8,516 -765
39,437   48,794 -9,357
19,611   19,904 -293
14,626   12,006 2,620
27,730   27,237 493
14,219   13,158 1,061
21,220   6,794 14,426
24,643   28,692 -4,049
6,161   6,907 -746
27,203   31,504 -4,301
18,873   20,076 -1,203
12,585   13,050 -465
31,790   33,760 -1,970
11,330   12,933 -1,603
20,081   24,391 -4,310
1,961   2,268 -307
21,286   23,622 -2,336
29,389   32,581 -3,192
26,810   30,676 -3,866
29,809   25,802 4,007
22,156   27,379 -5,223
7,889   12,773 -4,884
16,276   9,838 6,438
18,168   17,764 404
25,789   26,039 -250
7,656   7,598 58
26,310   27,260 -950
23,847   21,014 2,833
11,722   10,616 1,106
10,993   10,354 639
1,106   1,084 22
14,061   14,480 -419
25,565   26,264 -699
18,801   19,586 -785
18,968   19,791 -823
21,897   21,598 299
30,659   29,712 947
13,275   13,781 -506
12,325   12,542 -217
23,637   17,051 6,586
11,814   8,024 3,790
23,974   24,895 -921
5,336   4,043 1,293
10,460   8,008 2,452
1,946   1,338 608
3,795   2,551 1,244
208   159 49
10   7 3
3,832   3,034 798
12,987   10,511 2,476
43,806   42,382 1,424
22,097   19,254 2,843
13,262   12,267 995
5,393   5,775 -382
10,664   7,265 3,399
22,427   24,877 -2,450
11,817   13,611 -1,794
12,648   13,660 -1,012
21,786   24,384 -2,598
20,376   24,442 -4,066
7,400   7,939 -539
7,140   8,168 -1,028
5,205   6,065 -860
5,336   6,083 -747
35,316   36,896 -1,580
25,778   26,900 -1,122
29,636   26,438 3,198
25,078   25,550 -472
15,483   15,546 -63
15,484   15,546 -62
22,940   21,865 1,075
1,280   1,239 41
16,176   15,654 522
35,199   36,810 -1,611
12,616   13,089 -473
46,436   48,277 -1,841
19,490   20,724 -1,234
22,482   12,346 10,136
6,720   6,775 -55
7,718   8,151 -433
6,763   8,670 -1,907
19,605   24,540 -4,935
21,158   24,667 -3,509
5,535   5,435 100
17,031   18,066 -1,035
18,866   19,148 -282
31,522   32,615 -1,093
24,099   25,567 -1,468
24,387   26,042 -1,655
10,596   11,255 -659
19,923   11,093 8,830
13,460   7,489 5,971
7,284   3,604 3,680
3,187   2,616 571
3,187   2,616 571
25,574   25,775 -201
6,014   6,089 -75
38,621   38,574 47
13,341   13,327 14
24,489   24,647 -158
33,482   17,966 15,516
3,117   1,686 1,431
11,040   10,931 109
22,506   20,547 1,959
4,583   4,192 391
21,306   20,367 939
8,779   8,479 300
1,521   1,663 -142
19,870   20,808 -938
35,064   37,222 -2,158
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       -1,987
b       -2,513
c       -1,902
d       -1,321
e       4,816
      580
      222
      1,158
      3,093
      1,932
      -1,990
      -171
      -132
      248
      -2,626
      -1,496
      -765
      -9,357
      -293
      2,620
      493
      1,061
      14,426
      -4,049
      -746
      -4,301
      -1,203
      -465
      -1,970
      -1,603
      -4,310
      -307
      -2,336
      -3,192
      -3,866
      4,007
      -5,223
      -4,884
      6,438
      404
      -250
      58
      -950
      2,833
      1,106
      639
      22
      -419
      -699
      -785
      -823
      299
      947
      -506
      -217
      6,586
      3,790
      -921
      1,293
      2,452
      608
      1,244
      49
      3
      798
      2,476
      1,424
      2,843
      995
      -382
      3,399
      -2,450
      -1,794
      -1,012
      -2,598
      -4,066
      -539
      -1,028
      -860
      -747
      -1,580
      -1,122
      3,198
      -472
      -63
      -62
      1,075
      41
      522
      -1,611
      -473
      -1,841
      -1,234
      10,136
      -55
      -433
      -1,907
      -4,935
      -3,509
      100
      -1,035
      -282
      -1,093
      -1,468
      -1,655
      -659
      8,830
      5,971
      3,680
      571
      571
      -201
      -75
      47
      14
      -158
      15,516
      1,431
      109
      1,959
      391
      939
      300
      -142
      -938
      -2,158
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 17,548
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 122,667 2,184,840 0.056145
2012 117,802 1,825,754 0.064522
2011 114,285 1,352,972 0.084470
2010 103,845 1,218,451 0.085227
2009 120,882 1,154,772 0.104680
2 Total of line 1, column (d) ...................... 2 0.395044
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 0.079009
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 2,488,820
5 Multiply line 4 by line 3....................... 5 196,639
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 417
7 Add lines 5 and 6......................... 7 197,056
8 Enter qualifying distributions from Part XII, line 4.............. 8 123,133
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 1 834
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........................... 3 834
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- ..... 5 834
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 3,734
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 3,734
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 2,900
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet2,900 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)
    bulletGA
    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
     
    No
    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
     
    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 ofbulletBARBARA M HENAGAN Telephone no.bullet (770) 818-9521
    Located atbullet100 GALLERIA PKWY SE STE 1150ATLANTAGA ZIP+4bullet303396402
    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
     
     
    .........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
     
    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 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
    WILLIAM F HENAGAN PRESIDENT
    2.00     		0 0 0
    35 VALLEY ROAD NW
    ATLANTA,GA303051115
    BARBARA M HENAGAN SECRETARY/TREASURER
    2.00     		0 0 0
    35 VALLEY ROAD NW
    ATLANTA,GA303051115
    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  
    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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    2,011,189
    b
    Average of monthly cash balances.......................
    1b
    515,532
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,526,721
    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
    2,526,721
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    37,901
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,488,820
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    124,441
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    124,441
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    834
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    834
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    123,607
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    123,607
    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
    123,607
    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
    123,133
    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
    123,133
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    123,133
    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 7 123,607
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 63,583
    b From 2010....... 43,784
    c From 2011....... 48,284
    d From 2012....... 32,346
    e From 2013....... 15,591
    fTotal of lines 3a through e......... 203,588
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 123,133
    a Applied to 2013, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2014 distributable amount..... 123,133
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014. 474 474
    (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 5 203,114
    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 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		63,109
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		140,005
    10 Analysis of line 9:
    a Excess from 2010.... 43,784
    b Excess from 2011.... 48,284
    c Excess from 2012.... 32,346
    d Excess from 2013.... 15,591
    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
     
    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
             
    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).)
    WILLIAM F HENAGAN
    BARBARA M HENAGAN
    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 (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
    ALLIANCE THEATRE
    1280 PEACHTREE STREET NE
    ATLANTA,GA30309     		NONE OTHER PUBLIC CHARITY OPERATING FUND 100
    ATLANTA BOTANICAL GARDEN
    1345 PIEDMONT AVENUE NE
    ATLANTA,GA30309     		NONE OTHER PUBLIC CHARITY OPERATING FUND 11,500
    ATLANTA SPEECH SCHOOL
    3160 NORTHSIDE PKWY NW
    ATLANTA,GA30327     		NONE OTHER PUBLIC CHARITY OPERATING FUND 2,500
    BEAUFORT MEMORIAL HOSPITAL FOUNDATION
    PO BOX 2233
    BEAUFORT,SC29901     		NONE OTHER PUBLIC CHARITY OPERATING FUND 200
    CHAPIN SCHOOL
    DIRECTOR OF ADVANCEMENT 100 EAST
    END AVE
    NEW YORK,NY10028     		NONE OTHER PUBLIC CHARITY OPERATING FUND 500
    CHILDREN'S HEALTHCARE OF ATLANTA FOUNDATION
    1687 TULLIE CIRCLE NE
    ATLANTA,GA30328     		NONE OTHER PUBLIC CHARITY OPERATING FUND 1,000
    MAKE-A-WISH MIDDLE TENNESSEE
    C/O MOLLY KAPLAN CHI OMEGA
    FRATERNITY VANDERBILT UNIVERSITY 24
    NASHVILLE,TN37212     		NONE OTHER PUBLIC CHARITY OPERATING FUND 50
    MAP (METRO ATLANTA PROJECT)
    C/O NORTHSIDE UNITED METHODIST
    CHURCH 2799 NORTHSIDE DR NW
    ATLANTA,GA30305     		NONE OTHER PUBLIC CHARITY OPERATING FUND 500
    NORMAN ROCKWELL MUSEUM
    9 GLENDALE ROAD PO BOX 308
    STOCKBRIDGE,MA01262     		NONE OTHER PUBLIC CHARITY OPERATING FUND 500
    NORTHSIDE UNITED METHODIST CHURCH
    2799 NORTHSIDE DRIVE NW
    ATLANTA,GA30305     		NONE OTHER PUBLIC CHARITY OPERATING FUND 43,333
    PIEDMONT PARK CONSERVANCY
    PO BOX 7795
    ATLANTA,GA30357     		NONE OTHER PUBLIC CHARITY OPERATING FUND 100
    PRINCETON UNIVERSITY
    330 ALEXANDER STREET
    PRINCETON,NJ08540     		NONE OTHER PUBLIC CHARITY OPERATING FUND 23,500
    SHEPHERD CENTER
    2020 PEACHTREE RD NW
    ATLANTA,GA30309     		NONE OTHER PUBLIC CHARITY OPERATING FUND 1,000
    STEERSMART
    2835 HOWELL MILL ROAD
    ATLANTA,GA30327     		NONE OTHER PUBLIC CHARITY OPERATING FUND 250
    THE CARTER CENTER
    OFFICE OF DEVELOPMENT ONE COPENHILL
    FREEDOM PARKWAY
    ATLANTA,GA30307     		NONE OTHER PUBLIC CHARITY OPERATING FUND 1,500
    THE LOVETT SCHOOL (BREAKTHROUGH ATLANTA)
    4075 PACES FERRY ROAD NW
    ATLANTA,GA30327     		NONE OTHER PUBLIC CHARITY OPERATING FUND 32,100
    UNIVERSITY OF VIRGINIA
    PO BOX 400807
    CHARLOTESVILLE,VA22904     		NONE OTHER PUBLIC CHARITY OPERATING FUND 1,000
    VANDERBILT UNIVERSITY - SCHOOL OF ENGINEERING
    VU STATION B 357727 2301 VANDERBILT
    PLACE
    NASHVILLE,TN372357727     		NONE OTHER PUBLIC CHARITY OPERATING FUND 2,500
    VISITING NURSEHOSPICE ATLANTA
    5775 GLENRUDGE DR NE SUITE E200
    ATLANTA,GA30328     		NONE OTHER PUBLIC CHARITY OPERATING FUND 1,000
    Total .................................bullet 3a 123,133
    bApproved for future payment
    Total .................................bullet 3b 0
    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
    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 39  
    4 Dividends and interest from securities....     14 41,846  
    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 5,280  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 17,548  
    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 64,713 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    1364,713
    (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 (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2014
    Name of the organization
    HENAGAN FOUNDATION INC
     
    Employer identification number

    58-2590432
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 2
    Name of organization
    HENAGAN FOUNDATION INC
          		Employer identification number

    58-2590432
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    BARBARA HENAGAN  
    35 VALLEY ROAD
     
    ATLANTA, GA30305

    		$400,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 3
    Name of organization
    HENAGAN FOUNDATION INC
          		Employer identification number

    58-2590432
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    HENAGAN FOUNDATION INC
          		Employer identification number

    58-2590432
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2014 AccountingFeesSchedule
    Name:
    HENAGAN FOUNDATION INC
    EIN: 58-2590432
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MCGLADREY LLP - ACCOUNTING AND TAX RETURN PREPARATION 3,308 3,308   0

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    HENAGAN FOUNDATION INC
    EIN: 58-2590432
    Name of Bond End of Year Book Value End of Year Fair Market Value
    HONEYWELL INTL 20,210 20,537
    ISHARES 1-3 YEAR 84,447 84,040
    ISHARES 20+ YEAR TREASURY 62,503 66,433
    LOCKHEED MARTIN 20,316 20,519
    PEPISCO, INC. 15,157 15,216
    RAYTHEON COMPANY 15,290 15,627
    SPDR BARCLAYS ST CORP. BOND ETF 30,650 30,570
    US BANCO RP 14,918 15,335
    EMC CORP 25,534 21,407
    KIMBERLY-CLARK CORP 25,337 24,871
    TARGET CORP 25,902 25,592
    UNITED PARCEL SERVICE 25,286 24,814
    UNITED TECHNOLOGIES CORP NOTES 25,858 25,543

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    HENAGAN FOUNDATION INC
    EIN: 58-2590432
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AIRGAS, INC. 31,273 55,280
    ALIBABA GROUP HOLDING LTD 0 0
    AMERICAN INTERNATIONAL GROUP 0 0
    AMGEN INC. 0 0
    ANNALY CAPITAL MGMT INC. 0 0
    APPLE INC. 30,198 30,758
    BAIDU 0 0
    BANK OF AMERICA, INC. 36,819 35,627
    BIOGEN IDEC INC. 0 0
    BLACKSTONE MORTGAGE TRUST 47,688 48,639
    CABELAS 0 0
    CELGENE CORP. 11,555 32,835
    CHEVRON 0 0
    CUMMINGS INC. 35,027 35,330
    DISNEY WALT CO. 32,667 45,388
    DOMINION RESOURCES INC. 0 0
    ECOLAB INC. 35,636 36,701
    FACEBOOK INC. 49,257 63,691
    GENERAL BEARING 1 1,000
    GENUINE PARTS 33,215 45,315
    GOOGLE INC 0 0
    JOHNSON & JOHNSON 0 0
    LIBERTY MEDIA CORP 0 0
    LOWES COMPANIES 18,373 25,048
    MASTERCARD INC. CL A 16,969 48,960
    MEDTRONIC INC. 38,384 38,499
    MERCK & CO 0 0
    MERRIMACK PHARMACEUTICALS 6,658 37,640
    MICROSOFT 0 0
    MONMOUTH REAL ESTATE INV. CORP. 16,259 30,062
    NESTLE S.A. 48,941 47,543
    NIKE 20,091 29,631
    PHILLIPS 66 23,440 29,381
    PRICELINE.COM 10,978 16,235
    ROCHE HOLDING LTD. 0 0
    STAG INDUSTRIES, INC 0 0
    STRATASYS LTD 0 0
    TEVA PHARMACEUTICAL 22,165 25,361
    THE TRAVELERS COS INC. 0 0
    TOTAL SA 0 0
    UNION PACIFIC CORP 0 0
    UNITED PARCEL SERVICES CL B 0 0
    VERIZON COMMUNICATIONS, INC. 0 0
    V-F CORP 0 0
    WALGREENS CO 18,350 31,007
    WELLS FARGO 67,251 71,079
    WHITEWAVE 10,984 23,444
    WISDOMTREE INDIA EARNINGS FUND 33,013 31,740
    WISDOMTREE JAPAN HEDGED EQUITY 0 0
    AMAZON 30,230 39,888
    ANADARKO PETROLEUM CORP. 24,575 23,661
    GENERAL ELECTRIC CO. 35,471 39,850
    ALPHABET INC 38,574 57,214
    HESS CORPORATION 23,283 23,600
    HOME DEPOT INC 37,092 42,708
    ILLINOIS TOOL WORKS, INC. 33,398 37,592
    ISHARES MSCI UNITED KINGDOM 41,869 36,422
    LOCKHEED MARTIN CORP. 46,805 49,311
    MARKET VECTORS UNCONVENTIONAL 17,567 16,580
    NETFLICKS 36,671 39,836
    NEWELL RUBBERMAID, INC. 56,670 62,524
    OCCIDENTIAL PETROLEUM 35,009 37,417
    O' REILLY AUTOMOTIVE INC. 29,750 31,664
    PAYPAL HOLDINGS INC. 23,459 21,967
    RAYTHEON COMPANY 46,339 48,992
    THERMO FISHER SCIENTIFIC INC. 24,772 25,881
    TJX COMPANIES 22,437 22,733
    VANGUARD FTSE EMERGING MKTS 23,261 21,956

    TY 2014 InvestmentsOtherSchedule2
    Name:
    HENAGAN FOUNDATION INC
    EIN: 58-2590432
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CHENIERE ENERGY PARTNERS AT COST 0 0

    TY 2014 OtherExpensesSchedule
    Name:
    HENAGAN FOUNDATION INC
    EIN: 58-2590432
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE FILING FEES 30 30   0
    MOM CORP 200 200   0
    PROCESSING FEES 46 46   0


    TY 2014 OtherIncomeSchedule2
    Name:
    HENAGAN FOUNDATION INC
    EIN: 58-2590432
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CAPITAL GAIN DISTRIBUTIONS - ST 37 37 37
    INVESTMENT COST BASIS ADJUSTMENT - PNC 3,540 3,540 3,540
    CAPITAL GAIN DISTRIBUTIONS - LT 1,703 1,703 1,703


    TY 2014 OtherIncreasesSchedule
    Name:
    HENAGAN FOUNDATION INC
    EIN: 58-2590432
    Description Amount
       


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    HENAGAN FOUNDATION INC
    EIN: 58-2590432
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PNC WEALTH MANAGEMENT - INVESTMENT FEES 7,977 7,977   0
    MOODY LYNN - INVESTMENT FEES 10,308 10,308   0


    TY 2014 TaxesSchedule
    Name:
    HENAGAN FOUNDATION INC
    EIN: 58-2590432
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES WITHHELD 1,144 1,144   0