Form990-PF
Click to see list of attachments

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
The Arthur B Schultz Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)PO Box 1570
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Lander, WY82520
A Employer identification number

95-3980014
B Telephone number (see instructions)

(775) 832-9222
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$5,069,646J Accounting method:
Modified Cash
(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) 2,000
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 131,074 131,074  
5a Gross rents............ 19,796 19,796  
b Net rental income or (loss) 19,796
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 581,538
b Gross sales price for all assets on line 6a 1,350,190
7 Capital gain net income (from Part IV, line 2)... 581,538
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........ 734,408 732,408  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 64,167     64,167
14 Other employee salaries and wages...... 23,200     23,200
15 Pension plans, employee benefits....... 14,117     14,117
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 2,440     2,440
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 11,745 5,678   25
19 Depreciation (attach schedule) and depletion... Click to see attachment 24,097 24,097  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 15,353     15,353
22 Printing and publications.......... 319     319
23 Other expenses (attach schedule)....... Click to see attachment 31,445 20,237   10,508
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 186,883 50,012   130,129
25 Contributions, gifts, grants paid....... 160,439 160,439
26 Total expenses and disbursements. Add lines 24 and 25 347,322 50,012   290,568
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 387,086
b Net investment income (if negative, enter -0-) 682,396
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 115,494 106,489 106,489
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet39,870
Less: allowance for doubtful accounts bullet   12,370 39,870 39,870
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).....   Click to see attachment237 237
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)....... 1,585,749 Click to see attachment1,975,159 2,165,209
c Investments—corporate bonds (attach schedule)....... 739,426 Click to see attachment733,426 657,841
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 bullet943,979
Less: accumulated depreciation (attach schedule) bullet189,847 772,250 Click to see attachment754,132 2,100,000
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,225,289 3,609,313 5,069,646
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) Click to see attachment34,015 Click to see attachment31,843
23 Total liabilities (add lines 17 through 22)......... 34,015 31,843
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 3,191,274 3,577,470
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 3,191,274 3,577,470
31 Total liabilities and net assets/fund balances (see instructions). 3,225,289 3,609,313
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
3,191,274
2
Enter amount from Part I, line 27a .....................
2
387,086
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
3,578,360
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
890
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
3,577,470
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 1187 SH ABT P 2011-04-04 2015-05-29
b 325 SH AXP P 1995-05-09 2015-05-29
c 121 SH Anika P 2014-11-12 2015-11-16
d 84 SH Apple P 2013-03-13 2015-03-16
e 537 SH T P 2011-10-21 2015-05-27
70 SH Berkshire H P 2007-12-18 2015-05-29
200 SH Biogen Idec P 2005-05-13 2015-05-27
127 SH Broadridge P 2014-05-14 2015-05-15
474 SH Brocade P 2014-09-18 2015-09-21
28 SH Carmax P 2004-01-26 2015-05-29
28 SH Clorax P 2015-05-29 2015-08-31
96 SH Coach P 2013-11-06 2015-11-16
562 SH KO P 2014-09-16 2015-05-29
99 SH Cognizant P 2014-03-14 2015-03-16
150 SH De Luxe P 2012-09-13 2015-09-21
333 SH Depomed P 2014-09-18 2015-09-21
500 SH E on AG P 2009-02-27 2015-08-24
461 SH Ebix P 2013-09-16 2015-09-21
113 SH Energy T P 2011-10-21 2015-05-27
745 SH Enterprise P 2014-09-16 2015-05-27
2407 SH Exelon P 2012-03-20 2015-05-27
657 SH GE P 2011-08-09 2015-05-29
735 SH HCP P 2014-09-16 2015-11-20
100 SH Herbalife P 2013-07-11 2015-07-21
151 SH Ishares Msc P 2012-02-22 2015-11-20
118 SH Ishares Msc P 2014-01-27 2015-11-20
169 SH Ishares Msc P 2010-11-23 2015-11-20
115 SH Ishares TR S P 2013-02-21 2015-11-20
892 SH JNJ P 2012-03-20 2015-05-29
1210 SH KM P 2013-11-14 2015-01-23
90 SH KM P 2014-02-14 2015-01-23
253 SH King Digital P 2015-07-17 2015-07-16
302 SH Kt Corp P 2011-10-21 2015-09-21
131 SH Lilly Eli P 2011-10-21 2015-01-23
188 SH Liquidity Se P 2013-11-06 2015-11-16
200 SH Lowes P 2010-08-24 2015-05-29
107 SH Magellan M P 2008-10-10 2015-05-27
1080 SH Mastercard P 2007-12-18 2015-05-29
162 SH Microsoft P 2012-11-16 2015-05-15
301 SH National Oil P 2015-05-29 2015-11-04
1400 SH Novartis P 2011-04-12 2015-02-24
69 SH Nu Skin P 2014-03-14 2015-03-13
1359 SH Oakmark P 2012-12-26 2015-08-24
1042 SH Pain Therapy P 2014-07-17 2015-07-16
155 SH Pepsi P 2010-05-06 2015-05-29
449 SH Performant P 2014-01-06 2015-12-29
389 SH Petmed Exp P 2014-05-14 2015-05-15
2254 SH PIMCO P 2012-01-17 2015-05-01
293 SH PGE P 2010-03-19 2015-05-29
400 SH Royal Dutch P 2009-02-26 2015-09-21
132 SH SL Inds Inc P 2014-11-17 2015-11-16
517 SH Spirit Airline P 2012-03-20 2015-05-27
262 SH Take Two P 2014-05-14 2015-05-15
500 SH Tomra Sys P 2013-03-08 2015-02-18
121 SH United Parcel P 2011-08-09 2015-05-29
86 SH Usana Health P 2013-05-31 2015-05-15
425 SH Vanguard E P 2012-06-28 2015-11-20
72 SH Viacom P 2014-11-12 2015-11-16
667 SH Walmart P 2010-08-24 2015-05-27
300 SH Weight Watchers P 2013-02-15 2015-05-27
214 SH Wells Fargo P 2012-03-20 2015-05-29
189 SH Myriad Gen P 2013-09-16 2015-09-21
(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 58,160   28,394 29,766
b 25,874   3,343 22,531
c 5,037   5,105 -68
d 10,471   5,163 5,308
e 18,804   15,173 3,631
10,020   5,283 4,737
79,906   7,910 71,996
6,675   5,027 1,648
4,911   5,004 -93
19,974   4,799 15,175
3,095   3,028 67
2,777   4,980 -2,203
22,946   23,408 -462
6,133   4,993 1,140
9,107   5,016 4,091
9,223   5,018 4,205
5,622   12,597 -6,975
13,085   4,943 8,142
6,422   5,015 1,407
24,680   29,913 -5,233
81,676   102,006 -20,330
17,983   9,968 8,015
25,586   30,005 -4,419
5,190   5,002 188
3,838   9,956 -6,118
3,985   4,984 -999
3,576   5,001 -1,425
2,833   4,997 -2,164
89,833   20,015 69,818
51,338   8,945 42,393
3,633     3,633
3,997   5,026 -1,029
3,704   5,001 -1,297
9,485   5,004 4,481
1,505   5,065 -3,560
139,960   40,340 99,620
8,785   1,100 7,685
99,711   3,474 96,237
7,792   4,635 3,157
11,986   14,826 -2,840
143,188   55,255 87,933
3,861   4,978 -1,117
30,000   26,683 3,317
1,773   5,010 -3,237
14,942   10,102 4,840
813   5,004 -4,191
6,338   5,028 1,310
27,431   30,000 -2,569
22,925   18,682 4,243
19,735   17,952 1,783
4,295   5,245 -950
31,920   10,049 21,871
6,457   5,008 1,449
4,421   5,114 -693
11,951   7,547 4,404
10,743   5,014 5,729
14,947   17,046 -2,099
3,710   4,985 -1,275
50,179   34,295 15,884
1,751   13,867 -12,116
11,964   7,323 4,641
7,528   5,003 2,525
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       29,766
b       22,531
c       -68
d       5,308
e       3,631
      4,737
      71,996
      1,648
      -93
      15,175
      67
      -2,203
      -462
      1,140
      4,091
      4,205
      -6,975
      8,142
      1,407
      -5,233
      -20,330
      8,015
      -4,419
      188
      -6,118
      -999
      -1,425
      -2,164
      69,818
      42,393
      3,633
      -1,029
      -1,297
      4,481
      -3,560
      99,620
      7,685
      96,237
      3,157
      -2,840
      87,933
      -1,117
      3,317
      -3,237
      4,840
      -4,191
      1,310
      -2,569
      4,243
      1,783
      -950
      21,871
      1,449
      -693
      4,404
      5,729
      -2,099
      -1,275
      15,884
      -12,116
      4,641
      2,525
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 2 581,538
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 -11,168
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 580,296 3,339,715 000.173756
2013 29,085 5,566,326 000.005225
2012 575,462 3,388,043 000.169851
2011 546,825 3,303,378 000.165535
2010 880,888 6,334,422 000.139064
2
Total of line 1, column (d) .....................
2000.653431
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
000.130686
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
3,102,610
5
Multiply line 4 by line 3......................
5
405,468
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
6,824
7
Add lines 5 and 6........................
7
412,292
8
Enter qualifying distributions from Part XII, line 4.............
8
330,438
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 13,648
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 13,648
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 13,648
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 5,524
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.............. Part VI Line 7 - Tax Paid with the Original Return: 5524 7 5,524
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 8,124
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWY
    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 addressbulletwww.absfoundation.org
    14
    The books are in care ofbulletRachael Knapp Richards Telephone no.bullet (775) 832-9222

    Located atbullet10 Lewis DriveLanderWY ZIP+4bullet82520
    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?
    16Yes  
    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 bulletNO
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........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
    Arthur B Schultz Chairman
    000.00     		0    
    PO Box 1570
    Lander,WY82520
    Erik Schultz Chairman of the Board
    000.00     		0 1,074  
    PO Box 1570
    Lander,WY82520
    Dave Straley Board Member
    000.00     		0    
    PO Box 1570
    Lander,WY82520
    Jon Schultz Board Member
    000.00     		0    
    PO Box 1570
    Lander,WY82520
    Einar Christensen Board Member
    000.00     		0    
    PO Box 1570
    Lander,WY82520
    Mike Testa Board Member
    000.00     		0    
    PO Box 1570
    Lander,WY82520
    Rachel Richards Executive Director
    030.00     		64,167 6,114  
    PO Box 1570
    Lander,WY82520
    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
     
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 NA 0
    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 Loans to GreenWood 19,870
    2 Loan to NTL 20,000
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet39,870
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,991,112
    b
    Average of monthly cash balances.......................
    1b
    158,746
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,149,858
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    3,149,858
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    47,248
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,102,610
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    155,131
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    155,131
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    13,648
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    13,648
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    141,483
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    141,483
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    141,483
    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 Click to see attachment..........
    1a
    290,568
    b
    Program-related investments—total from Part IX-B..................
    1b
    39,870
    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
    330,438
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    330,438
    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 7 141,483
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 568,895
    b From 2011...... 376,362
    c From 2012...... 391,443
    d From 2013...... 6,458
    e From 2014...... 420,478
    fTotal of lines 3a through e........ 1,763,636
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 330,438
    a Applied to 2014, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2015 distributable amount..... 141,483
    e Remaining amount distributed out of corpus 188,955
    5 Excess distributions carryover applied to 2015.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,952,591
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		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) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		568,895
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		1,383,696
    10 Analysis of line 9:
    a Excess from 2011.... 376,362
    b Excess from 2012.... 391,443
    c Excess from 2013.... 6,458
    d Excess from 2014.... 420,478
    e Excess from 2015.... 188,955
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Rachael Knapp Richards
    PO Box 1570
    Lander,WY82520
    (208) 340-3397
    bThe form in which applications should be submitted and information and materials they should include:
    Letter of Intent first guide lines at www.absfoundation.org
    cAny submission deadlines:
    see website
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    see website
    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
    5 Saturdays Program
    PO Box 2543
    Costa Mesa,CA926282543     		  PC Discretionary 500
    A Leg To Stand On
    267 Fifth Ave
    New York,NY10016     		  PC Disabled Mobility 17,000
    Action Foundation
    PO Box 59541-00200
    Nairobi    
    KE     		  NC Disabled Mobility 7,500
    BanaPads
    PO Box 403
    Bukoba    
    TZ     		  NC Womens Empowerment 7,500
    Build On
    PO Box 16741
    Stamford,CT069058741     		  PC Discretionary 500
    Cambodian Arts & Scholarship Fund
    PO Box 18186
    Portland,ME041128186     		  PC Womens Empowerment 15,000
    Global Mobility
    7536 Tyrone Ave
    Van Nuys,CA91405     		  PC Disabled Mobility 18,000
    Komera
    PO Box 1491
    Jamaica Plain,MA02130     		  PC Womens Empowerment 15,000
    Lander Community Foundation
    PO Box 1131
    Lander,WY82520     		  PC Discretionary 1,244
    LIMBS
    500 West Overland Suite 230
    El Paso,TX79901     		  PC Disabled Mobility 15,000
    Livelyhoods
    5042 Wilshire Blvd 28002
    Los Angeles,CA90036     		  PC Womens Empowerment 11,500
    Maasai Girls Education
    5800 MacAurthur Blvd NW
    Washington,DC20016     		  PC Womens Empowerment 7,500
    Northern Kenya Fund
    370 Sawmill Road
    Bozeman,MT59715     		  PC Womens Empowerment 16,000
    Nurturing Minds
    PO Box 144
    Valley Forge,PA19481     		  PC Womens Empowerment 10,000
    One World Children's Fund - Akili Dada
    1016 Lincoln Blvd
    San Francisco,CA94129     		  PC Womens Empowerment 15,000
    Teton Valley Trails & Pathways
    PO Box 373
    Driggs,ID83422     		  PC Discretionary 500
    Yoga Kids On Wheels
    1385 Shattuck Ave 302
    Berkeley,CA94709     		  PC Discretionary 1,000
    Bosses Hundhjalp co sa segrdh
    ngsvgen 3c
    512 76 Hillared    
    NO     		  NC Discretionary 1,695
    Total .................................bullet 3a 160,439
    bApproved for future payment
    Total .................................bullet 3b  
    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....     14 131,074  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 19,796  
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 581,538  
    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)..   732,408  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13732,408
    (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: 15000290
    Software Version: 15.3.0.0
    Part VI Line 7 - Tax Paid with the Original Return: 5,524


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN:
    95-3980014
    Software ID:
    15000290
    Software Version:
    15.3.0.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    3rd Creek Accounting 2,440     2,440

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

    TY 2015 DepreciationSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN:
    95-3980014
    Software ID:
    15000290
    Software Version:
    15.3.0.0
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    620 West Table Rock Rd, Alta, WY 2008-11-30 936,000 165,750 Straight Line 0000000040.000000000000 23,400 23,400    
    New Hardwood Floors 2015-05-20 5,975 697 Straight Line 0000000005.000000000000 697 697    

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

    TY 2015 GainLossSaleOtherAssetsSch
    Name:
    The Arthur B Schultz Foundation
    EIN:
    95-3980014
    Software ID:
    15000290
    Software Version:
    15.3.0.0
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    1187 SH ABT 2011-04 P 2015-05   58,160 28,394     29,766  
    325 SH AXP 1995-05 P 2015-05   25,874 3,343     22,531  
    121 SH Anika 2014-11 P 2015-11   5,037 5,105     -68  
    84 SH Apple 2013-03 P 2015-03   10,471 5,163     5,308  
    537 SH T 2011-10 P 2015-05   18,804 15,173     3,631  
    70 SH Berkshire H 2007-12 P 2015-05   10,020 5,283     4,737  
    200 SH Biogen Idec 2005-05 P 2015-05   79,906 7,910     71,996  
    127 SH Broadridge 2014-05 P 2015-05   6,675 5,027     1,648  
    474 SH Brocade 2014-09 P 2015-09   4,911 5,004     -93  
    28 SH Carmax 2004-01 P 2015-05   19,974 4,799     15,175  
    28 SH Clorax 2015-05 P 2015-08   3,095 3,028     67  
    96 SH Coach 2013-11 P 2015-11   2,777 4,980     -2,203  
    562 SH KO 2014-09 P 2015-05   22,946 23,408     -462  
    99 SH Cognizant 2014-03 P 2015-03   6,133 4,993     1,140  
    150 SH De Luxe 2012-09 P 2015-09   9,107 5,016     4,091  
    333 SH Depomed 2014-09 P 2015-09   9,223 5,018     4,205  
    500 SH E on AG 2009-02 P 2015-08   5,622 12,597     -6,975  
    461 SH Ebix 2013-09 P 2015-09   13,085 4,943     8,142  
    113 SH Energy T 2011-10 P 2015-05   6,422 5,015     1,407  
    745 SH Enterprise 2014-09 P 2015-05   24,680 29,913     -5,233  
    2407 SH Exelon 2012-03 P 2015-05   81,676 102,006     -20,330  
    657 SH GE 2011-08 P 2015-05   17,983 9,968     8,015  
    735 SH HCP 2014-09 P 2015-11   25,586 30,005     -4,419  
    100 SH Herbalife 2013-07 P 2015-07   5,190 5,002     188  
    151 SH Ishares Msc 2012-02 P 2015-11   3,838 9,956     -6,118  
    118 SH Ishares Msc 2014-01 P 2015-11   3,985 4,984     -999  
    169 SH Ishares Msc 2010-11 P 2015-11   3,576 5,001     -1,425  
    115 SH Ishares TR S 2013-02 P 2015-11   2,833 4,997     -2,164  
    892 SH JNJ 2012-03 P 2015-05   89,833 20,015     69,818  
    1210 SH KM 2013-11 P 2015-01   51,338 8,945     42,393  
    90 SH KM 2014-02 P 2015-01   3,633       3,633  
    253 SH King Digital 2015-07 P 2015-07   3,997 5,026     -1,029  
    302 SH Kt Corp 2011-10 P 2015-09   3,704 5,001     -1,297  
    131 SH Lilly Eli 2011-10 P 2015-01   9,485 5,004     4,481  
    188 SH Liquidity Se 2013-11 P 2015-11   1,505 5,065     -3,560  
    200 SH Lowes 2010-08 P 2015-05   139,960 40,340     99,620  
    107 SH Magellan M 2008-10 P 2015-05   8,785 1,100     7,685  
    1080 SH Mastercard 2007-12 P 2015-05   99,711 3,474     96,237  
    162 SH Microsoft 2012-11 P 2015-05   7,792 4,635     3,157  
    301 SH National Oil 2015-05 P 2015-11   11,986 14,826     -2,840  
    1400 SH Novartis 2011-04 P 2015-02   143,188 55,255     87,933  
    69 SH Nu Skin 2014-03 P 2015-03   3,861 4,978     -1,117  
    1359 SH Oakmark 2012-12 P 2015-08   30,000 26,683     3,317  
    1042 SH Pain Therapy 2014-07 P 2015-07   1,773 5,010     -3,237  
    155 SH Pepsi 2010-05 P 2015-05   14,942 10,102     4,840  
    449 SH Performant 2014-01 P 2015-12   813 5,004     -4,191  
    389 SH Petmed Exp 2014-05 P 2015-05   6,338 5,028     1,310  
    2254 SH PIMCO 2012-01 P 2015-05   27,431 30,000     -2,569  
    293 SH PGE 2010-03 P 2015-05   22,925 18,682     4,243  
    400 SH Royal Dutch 2009-02 P 2015-09   19,735 17,952     1,783  
    132 SH SL Inds Inc 2014-11 P 2015-11   4,295 5,245     -950  
    517 SH Spirit Airline 2012-03 P 2015-05   31,920 10,049     21,871  
    262 SH Take Two 2014-05 P 2015-05   6,457 5,008     1,449  
    500 SH Tomra Sys 2013-03 P 2015-02   4,421 5,114     -693  
    121 SH United Parcel 2011-08 P 2015-05   11,951 7,547     4,404  
    86 SH Usana Health 2013-05 P 2015-05   10,743 5,014     5,729  
    425 SH Vanguard E 2012-06 P 2015-11   14,947 17,046     -2,099  
    72 SH Viacom 2014-11 P 2015-11   3,710 4,985     -1,275  
    667 SH Walmart 2010-08 P 2015-05   50,179 34,295     15,884  
    300 SH Weight Watchers 2013-02 P 2015-05   1,751 13,867     -12,116  
    214 SH Wells Fargo 2012-03 P 2015-05   11,964 7,323     4,641  
    189 SH Myriad Gen 2013-09 P 2015-09   7,528 5,003     2,525  

    TY 2015 GeneralExplanationAttachment
    Name:
    The Arthur B Schultz Foundation
    EIN:
    95-3980014
    Software ID:
    15000290
    Software Version:
    15.3.0.0
    Identifier Return Reference Explanation
      Part VII b Line 5a Question 4 Expenditure reports for foreign charites are attached as pdfs to this Part VII b Line 5a Question 4 Expenditure reports for foreign charites are attached as pdfs to this tax return.

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN:
    95-3980014
    Software ID:
    15000290
    Software Version:
    15.3.0.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    All Bonds 733,426 657,841

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN:
    95-3980014
    Software ID:
    15000290
    Software Version:
    15.3.0.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Domestic Value Equities 1,975,159 2,165,209

    TY 2015 LandEtcSchedule2
    Name:
    The Arthur B Schultz Foundation
    EIN:
    95-3980014
    Software ID:
    15000290
    Software Version:
    15.3.0.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Table Rock House 937,000 189,150 747,850 1,680,000
    Hardwood Floors 5,979 697 5,282  
    Table Rock Land 1031 exchange 1,000   1,000 420,000


    TY 2015 OtherDecreasesSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN:
    95-3980014
    Software ID:
    15000290
    Software Version:
    15.3.0.0
    Description Amount
    Current year unrealized FX loss 890


    TY 2015 OtherExpensesSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN:
    95-3980014
    Software ID:
    15000290
    Software Version:
    15.3.0.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Bank Fees 186     186
    Computer and Internet 1,599     1,599
    Dues and Subscriptions 777     77
    Insurance Commercial Property Rental 3,365 3,365    
    Management expense Rental 2,212 2,212    
    Maintenance and Repairs Rental 8,019 8,019    
    Direct Program Related expenses 110     110
    Office Expense includes postage and delivery 1,148     1,148
    Professional Development 2,807     2,807
    Telephone, fax, emal 994     994
    Utilities Rental 6,641 6,641    
    Board Fees 2,250     2,250
    Board Meeting Expenses 1,337     1,337


    TY 2015 OtherLiabilitiesSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN:
    95-3980014
    Software ID:
    15000290
    Software Version:
    15.3.0.0
    Description Beginning of Year - Book Value End of Year - Book Value
    Payroll liabilities 1,767 1,874
    Capital One Visa 5,504 3,225
    Unearned Grant Income 26,744 26,744


    TY 2015 OtherReceivablesOfficersSch
    Name:
    The Arthur B Schultz Foundation
    EIN:
    95-3980014
    Software ID:
    15000290
    Software Version:
    15.3.0.0
    Travel Advance to Officers:  


    Item No. 1
    Borrower's Name Rachael Richards
    Borrower's Title Executive Director
    Original Amount of Loan  
    Balance Due 237
    Date of Note  
    Maturity Date  
    Repayment Terms  
    Interest Rate  
    Security Provided by Borrower  
    Purpose of Loan  
    Description of Lender Consideration  
    Consideration FMV  


    TY 2015 SubstantialContributorsSch
    Name:
    The Arthur B Schultz Foundation
    EIN:
    95-3980014
    Software ID:
    15000290
    Software Version:
    15.3.0.0
    Name Address
    Arthur B Schultz 501 Lakeshore Blvd Unit 50
    Incline Village,NV89452


    TY 2015 TaxesSchedule
    Name:
    The Arthur B Schultz Foundation
    EIN:
    95-3980014
    Software ID:
    15000290
    Software Version:
    15.3.0.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Tax on investment income 6,042      
    Property Tax Rental 4,166 4,166    
    Foreign Tax 1,512 1,512    
    License and Permits 25     25