Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
MCDANEL LAND FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)336 E CONNEMARA LANE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
EAGLE, ID83616
A Employer identification number

94-3121979
B Telephone number (see instructions)

(206) 799-8028
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$1,416,406J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 24,245 24,245 24,245
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 135,288
b Gross sales price for all assets on line 6a 248,162
7 Capital gain net income (from Part IV, line 2)... 135,288
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 159,533 159,533 24,245
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 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 3,101 1,501 0 1,500
c Other professional fees (attach schedule).... Click to see attachment 8,880 8,880 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,045 5,045 0 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 25 0 0 25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 17,051 15,426 0 1,525
25 Contributions, gifts, grants paid....... 101,000 101,000
26 Total expenses and disbursements. Add lines 24 and 25 118,051 15,426 0 102,525
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 41,482
b Net investment income (if negative, enter -0-) 144,107
c Adjusted net income (if negative, enter -0-)... 24,245
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 35,092 24,481 24,481
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment807,716 Click to see attachment859,809 Click to see attachment1,391,925
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 842,808 884,290 1,416,406
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........ 842,808 884,290
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)..... 842,808 884,290
31 Total liabilities and net assets/fund balances (see instructions). 842,808 884,290
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
842,808
2
Enter amount from Part I, line 27a .....................
2
41,482
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
884,290
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
884,290
Form 990-PF (2015)
Form 990-PF (2015)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a ABBOTT LABORATORIES: ABT - 100.0000 SHS   2011-01-21 2015-05-26
b ABBOTT LABORATORIES: ABT - 100.0000 SHS   2013-06-18 2015-05-26
c ABBOTT LABORATORIES: ABT - 200.0000 SHS   2009-08-24 2015-05-26
d ACCENTURE PLC CL A F:CAN - 100.0000 SHS   2010-11-24 2015-12-10
e CARE CAPITAL PROPERT: CCP - 0.5000 SHS   2012-11-13 2015-08-18
CARE CAPITAL PROPERT: CCP - 12.0000 SHS   2012-11-13 2015-08-26
CARE CAPITAL PROPERT: CCP - 50.0000 SHS   2011-05-17 2015-08-26
COACH INC: COH - 200.0000 SHS   2012-11-13 2015-12-10
COCA COLA COMPANY: KO - 400.0000 SHS   2004-11-22 2015-05-26
DISCOVERY COMM INC: DISCK - 300.0000 SHS   2006-11-15 2015-05-26
EMERSON ELECTRIC CO: EMR - 400.0000 SHS   1993-01-12 2015-03-02
GOOGLE INC: GOOG - 0.0823 SHS   2014-07-09 2015-05-04
KRAFT FOODS GROUP: KRFT - 133.3333 SHS   2009-12-14 2015-03-25
KRAFT FOODS GROUP: KRFT - 66.6666 SHS   2009-08-24 2015-03-25
MASTERCARD INC CLASS A: MA - 50.0000 SHS   2009-12-14 2015-05-26
MASTERCARD INC CLASS A: MA - 75.0000 SHS   2009-12-14 2015-12-10
MICROCHIP TECHNOLOGY: MCHP - 300.0000 SHS   2006-11-15 2015-10-15
MICROCHIP TECHNOLOGY: MCHP - 300.0000 SHS   2008-12-30 2015-10-15
MONDELEZ INTL CLASS A: MDLZ - 200.0000 SHS   2009-08-24 2015-12-17
SYNCHRONY FINANCIAL - 0.938 SHS   2001-11-26 2015-11-24
VENTAS INC REIT : VTR - 200.0000 SHS   2011-05-17 2015-12-10
VENTAS INC REIT : VTR - 50.0000 SHS   2012-11-13 2015-12-10
VERIZON COMMUNICATN: VZ 210.0000 SHS   2014-02-24 2015-05-26
VERIZON COMMUNICATN: VZ 240.0000 SHS   1996-10-18 2015-05-26
VERIZON COMMUNICATN: VZ 60.0000 SHS   1996-10-18 2015-05-26
VISA INC CL A CLASS A : V - 50.0000 SHS   2009-12-14 2015-05-26
VISA INC CLASS A: V - 150.0000 SHS   2009-12-14 2015-12-10
VISTEON CORP: VC - 100.0000 SHS   2013-04-09 2015-12-10
VISTEON CORP: VC - 150.0000 SHS   2013-04-10 2015-12-10
WALT DISNEY CO: DIS - 100.0000 SHS   2002-08-21 2015-12-17
(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 4,866   2,306 2,560
b 4,866   3,721 1,145
c 9,733   4,414 5,319
d 10,773   4,431 6,342
e 18   17 1
377   400 -23
1,569   1,409 160
6,195   10,931 -4,736
16,349   8,085 8,264
9,162   2,046 7,116
23,276   5,601 17,675
46   47 -1
11,146   3,794 7,352
5,573   2,006 3,567
4,598   1,226 3,372
7,349   1,839 5,510
14,184   8,553 5,631
14,184   3,489 10,695
8,905   3,710 5,195
30   38 -8
10,731   9,472 1,259
2,683   2,798 -115
10,389   10,104 285
11,873   1,803 10,070
2,968   551 2,417
3,433   1,050 2,383
11,770   3,149 8,621
11,912   5,607 6,305
17,869   8,585 9,284
11,335   1,692 9,643
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       2,560
b       1,145
c       5,319
d       6,342
e       1
      -23
      160
      -4,736
      8,264
      7,116
      17,675
      -1
      7,352
      3,567
      3,372
      5,510
      5,631
      10,695
      5,195
      -8
      1,259
      -115
      285
      10,070
      2,417
      2,383
      8,621
      6,305
      9,284
      9,643
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 2 135,288
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 -1
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 29,507 1,460,587 0.020202
2013 43,134 1,232,497 0.034997
2012 44,907 1,046,735 0.042902
2011 39,892 1,010,412 0.039481
2010 28,350 929,508 0.030500
2
Total of line 1, column (d) .....................
20.168082
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
0.033616
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
1,509,830
5
Multiply line 4 by line 3......................
5
50,754
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,441
7
Add lines 5 and 6........................
7
52,195
8
Enter qualifying distributions from Part XII, line 4.............
8
102,525
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2015)
Form 990-PF (2015)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 1,441
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,441
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,441
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 2,840
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 2,840
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 1,399
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet1,399 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)
    bulletWA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletPETER ROBERTS Telephone no.bullet (208) 939-1010

    Located atbullet336 E CONNEMARA LANEEAGLEID ZIP+4bullet83616
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JENNIFER ROBERTS VICE-PRESIDENT
    3.00     		0 0 0
    1345 N HWY AIA 206
    INDIATLANTIC,FL32903
    JOANNE ROBERTS DIRECTOR
    3.00     		0 0 0
    116 FAIRVIEW AVENUE N 403
    SEATTLE,WA98105
    PETER M ROBERTS PRESIDENT
    5.00     		0 0 0
    336 E CONNEMARA LANE
    EAGLE,ID83616
    EMILY ROBERTS TREASURER/SECRETARY
    6.00     		0 0 0
    3506 TROLL AVE N
    SEATTLE,WA98103
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,494,561
    b
    Average of monthly cash balances.......................
    1b
    38,261
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,532,822
    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
    1,532,822
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    22,992
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,509,830
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    75,492
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    75,492
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    1,441
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,441
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    74,051
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    74,051
    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
    74,051
    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
    102,525
    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
    102,525
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    1,441
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    101,084
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 74,051
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011...... 27,546
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........ 27,546
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 102,525
    a Applied to 2014, 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 2015 distributable amount..... 74,051
    e Remaining amount distributed out of corpus 28,474
    5 Excess distributions carryover applied to 2015. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 56,020
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		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 2010 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		56,020
    10 Analysis of line 9:
    a Excess from 2011.... 27,546
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015.... 28,474
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    JOANNE ROBERTS
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    SIERRA CLUB FOUNDATION
    180 NICKERSON ST 202
    SEATTLE,WA98109     		    ENVIRONMENTAL PRESERVATION 15,000
    ALDO LEOPOLD FOUNDATION
    E 13701 LEVEE RD
    BARABOO,WI53913     		    ENVIRONMENTAL PRESERVATION 5,000
    NORTH CASCADES LEARNING CENTER
    810 WA-20
    SEDRO WOOLEY,WA98284     		    ENVIRONMENTAL PRESERVATION 5,000
    FORTERRA
    901 FIFTH AVE 2200
    SEATTLE,WA98164     		    ENVIRONMENTAL PRESERVATION 15,000
    INTERMOUNTAIN BIRD OBSERVATOTY
    BSU DEPT OF BIOLOGY 1910 UNIVERSITY
    DR
    BOISE,ID83725     		    ENVIRONMENTAL PRESERVATION 15,000
    CONSERVATION NORTHWEST
    1208 BAY ST 201
    BELLINGHAM,WA982254301     		    ENVIRONMENTAL PRESERVATION 15,000
    ALASKA WILDERNESS LEAGUE
    122 C ST NW STE 240
    WASHINGTON,WA20001     		    ENVIRONMENTAL PRESERVATION 20,000
    TETON REGIONAL LAND TRUST
    1520 S 50 WEST
    DRIGGS,ID83422     		    ENVIRONMENTAL PRESERVATION 5,000
    VIRGINIA MASON FOUNDATION
    1218 TERRY AVE
    SEATTLE,WA98111     		    ENVIRONMENTAL PRESERVATION 1,000
    XERCES SOCIETY
    628 NE BROADWAY SUITE 200
    PORTLAND,OR97232     		    ENVIRONMENTAL PRESERVATION 2,000
    EARTHCORPS
    6310 NE 74TH ST SUITE 201E
    SEATTLE,WA98115     		    ENVIRONMENTAL PRESERVATION 2,000
    THE SEATTLE TIMES FUND FOR THE NEEDY
    PO BOX C11025
    SEATTLE,WA98111     		    ENVIRONMENTAL PRESERVATION 1,000
    Total .................................bullet 3a 101,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		         
    4 Dividends and interest from securities....     14 24,245  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 135,288  
    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).. 0 159,533 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13159,533
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    MCDANEL LAND FOUNDATION
    EIN:
    94-3121979
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    KING & OLIASON PLLC 3,101 1,501 0 1,500

    TY 2015 OtherAssetsSchedule
    Name:
    MCDANEL LAND FOUNDATION
    EIN:
    94-3121979
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ABBOTT LABORATORIES 10,440    
    ACCENTURE PLC CL A 13,293 8,862 20,900
    AIR LEASE CORP 22,367 22,367 23,436
    ALCOA INC 23,370 23,370 14,805
    ALPHABET INC CL A   5,933 15,560
    ALPHABET INC CL C   11,641 22,766
    AMERICAN AIRLS GROUP 12,518 12,518 12,705
    AMERICAN EXPRESS CO   16,041 13,910
    AMGEN INCORPORATED 14,875 14,875 40,583
    BANKUNITED INC   13,516 14,424
    BB&T CORPORATION   11,333 11,343
    BORG WARNER INC 7,698 7,698 17,292
    BRISTOL-MYERS SQUIBB 8,087 8,087 41,274
    CELGENE CORP 8,745 8,745 11,976
    CHEVRON CORPORATION 6,570 6,570 17,992
    CISCO SYSTEMS INC 2,645 2,645 32,586
    COACH INC 10,931    
    COCA COLA COMPANY 8,085    
    COLGATE-PALMOLIVE CO 6,997 6,997 19,986
    COMCAST CORPORATION 7,245 7,245 28,215
    CORNING INC 10,847 10,847 14,624
    DANAHER CORP 13,891 13,891 27,864
    DELTA AIR LINES INC 14,716 14,716 20,276
    DIGITALGLOBE INC   15,442 7,830
    DISCOVERY COMMUN SER C 2,046    
    DISNEY WALT CO 5,922    
    DUNKIN BRANDS GROUP 12,673 12,673 17,036
    EATON CORP PLC 17,656 17,656 15,612
    EBAY INC 25,752 10,113 13,740
    ECOLAB INC 14,066 14,066 34,314
    EMERSON ELECTRIC CO 5,601    
    FACEBOOK INC   15,915 20,932
    FORD MOTOR COMPANY 19,772 19,772 21,135
    GENERAL ELECTRIC CO 31,045 21,344 25,699
    GENERAL MOTORS CO 23,519 23,519 23,807
    GOOGLE INC CL C NON VTG 11,689    
    GOOGLE INC CLASS A VTG 5,933    
    HAIN CELESTIAL GROUP 8,975 15,189 12,117
    HARMAN INTL INDS INC 13,403 13,403 37,684
    HOLLYFRONTIER CORP 8,643 8,643 7,978
    HUDSON BAY CO 15,743 15,743 13,040
    ILLINOIS TOOL WORKS 11,623 11,623 23,170
    ILLUMINAINC 8,773 8,773 38,389
    INTEL CORP 10,040 10,040 17,225
    JPMORGAN CHASE & CO 11,313 11,313 16,508
    KRAFT FOODS GROUP 5,800    
    MACYS INC   21,130 13,992
    MARATHON PETE CORP 7,826 7,826 10,368
    MASTERCARD INC 11,307 8,243 36,510
    MERCK & CO INC 448 448 18,276
    METLIFE INC 16,891 16,891 14,463
    MICROCHIP TECHNOLOGY INC 14,587    
    MONDELEZ INTL 10,729 7,019 17,936
    NCR CORPORATION 15,175 19,692 14,676
    NESTLE SA F 13,703 13,703 22,326
    NORDSTROM INC   11,362 9,962
    NOVARTIS AG F 21,144 21,144 34,416
    PAYPAL HOLDINGS INCO   15,639 18,100
    PEPSICO INCORPORATED 5,736 5,736 9,992
    PRAXAIR INC 15,979 15,979 20,480
    QIAGEN N V F 11,837 11,837 16,590
    QUALCOMM INC 1,287 1,287 24,993
    SCHLUMBERGERLTD 4,098 4,098 20,925
    STERICYCLE INC 8,665 8,665 18,090
    STRATASYS LTD 16,486 16,486 4,696
    SYNCHRONY FINANCIAL   22,492 24,115
    THERMO FISHER SCNTFC 7,066 7,066 28,370
    U S BANCORP   17,346 17,068
    UNILEVER N V F 15,193 15,193 21,660
    UNITED CONTL HLDGS 11,718 11,718 28,650
    VALERO ENERGY CORP 9,862 9,862 14,142
    VERIFONE SYSTEMS INC 15,866 15,866 19,614
    VERISK ANALYTICS INC 18,229 18,229 23,064
    VERIZON COMMUNICATIONS 12,447    
    VF CORPORATION   14,012 12,450
    VISA INC 13,642 9,443 38,775
    VISTEON CORP 14,195    
    WALT DISNEY CO   4,230 26,270
    YUM BRANDS INC 17,801 17,801 18,263
    ZOETIS INC 16,242 16,242 23,960
    VENTAS INC 6,250    


    TY 2015 OtherExpensesSchedule
    Name:
    MCDANEL LAND FOUNDATION
    EIN:
    94-3121979
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER TAX & LICENSES 25 0 0 25


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    MCDANEL LAND FOUNDATION
    EIN:
    94-3121979
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVISOR FEES, ADR FEES & INVESTMENT EXP 8,880 8,880 0 0


    TY 2015 TaxesSchedule
    Name:
    MCDANEL LAND FOUNDATION
    EIN:
    94-3121979
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 329 329 0 0
    FEDERAL EXCISE TAX 4,716 4,716 0 0