Form990-PF
Click to see attachment

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
SEQUOIA FARM FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)145 N MERCHANT ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DECATUR, IL62523
A Employer identification number

45-5160833
B Telephone number (see instructions)

(217) 362-8600
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$94,630,238J 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) 16,923,636
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 28 28 28
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,580
b Gross sales price for all assets on line 6a 94,000
7 Capital gain net income (from Part IV, line 2)... 2,580
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 3,062,513   3,062,513
12 Total. Add lines 1 through 11........ 19,988,757 2,608 3,062,541
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 347,879     347,879
14 Other employee salaries and wages...... 862,855     862,855
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 110,873     110,873
b Accounting fees (attach schedule)....... Click to see attachment 13,490     13,490
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 269,110     269,110
19 Depreciation (attach schedule) and depletion... Click to see attachment 3,141,856    
20 Occupancy.............. 434,678     434,678
21 Travel, conferences, and meetings....... 98,765     98,765
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 2,894,673     2,894,673
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 8,174,179 0   5,032,323
25 Contributions, gifts, grants paid....... 59,638 59,638
26 Total expenses and disbursements. Add lines 24 and 25 8,233,817 0   5,091,961
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 11,754,940
b Net investment income (if negative, enter -0-) 2,608
c Adjusted net income (if negative, enter -0-)... 3,062,541
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............. 1,060,163 9,602,478 9,602,478
2 Savings and temporary cash investments.........      
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 bullet93,408,160
Less: accumulated depreciation (attach schedule) bullet9,433,348 80,790,065 Click to see attachment83,974,812 85,000,000
15 Other assets (describe bullet)   Click to see attachment27,760 Click to see attachment27,760
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 81,850,228 93,605,050 94,630,238
Liabilities 17 Accounts payable and accrued expenses.......... 993 875
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)......... 993 875
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........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 81,849,235 93,604,175
30 Total net assets or fund balances (see instructions)..... 81,849,235 93,604,175
31 Total liabilities and net assets/fund balances (see instructions). 81,850,228 93,605,050
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
81,849,235
2
Enter amount from Part I, line 27a .....................
2
11,754,940
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
93,604,175
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
93,604,175
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 CALB434 BALER - AZ P 2013-10-17 2015-09-18
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 94,000 31,990 123,410 2,580
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       2,580
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,580
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2014      
2013      
2012      
2011      
2010      
2
Total of line 1, column (d) .....................
2  
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
 
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
 
5
Multiply line 4 by line 3......................
5
 
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
 
7
Add lines 5 and 6........................
7
 
8
Enter qualifying distributions from Part XII, line 4.............
8
 
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 52
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 52
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 52
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a  
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  
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 52
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
 
No
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)
    bulletAZ, IL
    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.sequoiafarmfoundation.org
    14
    The books are in care ofbulletTRISHA COOK Telephone no.bullet (217) 362-8600

    Located atbullet145 N MERCHANT STDECATURIL ZIP+4bullet62523
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    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
     
    No
    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
     
    No
    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
    HOWARD G BUFFETT President
    15.00     		150,000    
    145 N MERCHANT ST
    DECATUR,IL62523
    HOWARD W BUFFETT Secretary
    5.00     		0    
    145 N MERCHANT ST
    DECATUR,IL62523
    TRISHA COOK Treasurer
    5.00     		0    
    1315 COUNTRY LANE
    MT ZION,IL62549
    J DOUGLAS OLLER CHIEF OPER OFF
    40.00     		176,878 21,001  
    RR3 BOX 270
    PANA,IL62557
    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
    CHARLES JORDAN SR PROGRAM MGR
    40.00     		128,356 8,930  
    609 N EAST ST
    MOWEAQUA,IL62550
    ROBERT SCHUTT CROP RESEARCH
    40.00     		110,183 2,525  
    21790 ERIN CIRCLE
    GETNA,NE68028
    PHILIP JULIUS CROP RESEARCH
    40.00     		76,704 8,729  
    4515 S FRANKLIN ST
    DECATUR,IL62521
    ANTHONY RICHARDS CROP RESEARCH
    40.00     		71,088 8,784  
    525 W HICKORY POINT
    DECATUR,IL62535
    ARTHUR MILLER CROP RESEARCH
    40.00     		69,692 8,697  
    1618 N CIRLCE I RD
    WILLCOX,AZ85643
    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
    AZCA DRILLING WELL DRILLING 734,358
    PO BOX 570
    EHRENBERG,AZ85334
    SOUTHWEST TRADITIONS INC CONTRACTOR 405,150
    3582 E BUCKRANCH RD
    PEARCE,AZ85625
    BNT CONSTRUCTION CONTRACTOR 297,577
    PO BOX 82
    THATCHER,AZ85552
    MOUNTAIN SIDE DRILLING PUMP SERVICE CONTRACTOR 238,793
    3005 N COCHISE STONGHOLD RD
    COCHISE,AZ85606
    CROP TECH CONSULTING CONSULTING 483,272
    9051 BUCKS RD
    HEYWORTH,IL61745
    Total number of others receiving over $50,000 for professional services.............bullet10
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 THE FOUNDATION HAS CONTRACTED WITH PENNSYLVANIA STATE UNIVERSITY, & PURDUE UNIVERSITY TO EXPERIMENT WITH IMPROVED FARMING TECHNIQUES, INCLUDING NO TILL AND STRIP-TILL; TO ANALYZE SOIL HEALTH AND PRODUCTIVITY UNDER VARYING CIRCUMSTANCES, INCLUDING DIFFERENT FERTILIZER AND SEEDING RATES; TO CONDUCT CROP VARIETY SCREENINGS, AND TO DEVELOP VARIOUS USES OF COVER CROPS TO REDUCE THE DEPENDENCY ON SYNTHETIC FERTILIZERS WHICH CAN BE USED IN DEVELOPING COUNTRIES TO BENEFIT SMALL-SCALE AND SUBSISTENCE FARMERS.A PORTION OF THE PINTO BEAN CROP GROWN AS PART OF THE RESEARCH ACTIVITIES WAS DONATED TO THE COMMUNITY FOOD BANK OF SOUTHERN ARIZONA. 16,098,800
    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.........................bullet  
    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
    0
    b
    Average of monthly cash balances.......................
    1b
    1,296,314
    c
    Fair market value of all other assets (see instructions)................
    1c
    19,667,102
    d
    Total (add lines 1a, b, and c).........................
    1d
    20,963,416
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    20,963,416
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    314,451
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    20,648,965
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,032,448
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    1,032,448
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    52
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    52
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,032,396
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,032,396
    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
    1,032,396
    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
    5,091,961
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    7,858,080
    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
    12,950,041
    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
    12,950,041
    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 1,032,396
    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......  
    b From 2011......  
    c From 2012......  
    d From 2013...... 21,846,390
    e From 2014...... 11,961,380
    fTotal of lines 3a through e........ 33,807,770
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 12,950,041
    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)........     		0
    d Applied to 2015 distributable amount..... 1,032,396
    e Remaining amount distributed out of corpus 11,917,645
    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 45,725,415
    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) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		45,725,415
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013.... 21,846,390
    d Excess from 2014.... 11,961,380
    e Excess from 2015.... 11,917,645
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    MACON COUNTY SHERIFFS OFFICE
    333 SOUTH FRANKLIN STREET
    DECATUR,IL62523     		NONE GOV DONATION OF VEHICLE 59,638
    Total .................................bullet 3a 59,638
    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
    aEASEMENT INCOME     16 45,739  
    bFARM CASH RENT     16 641,050  
    cGRAIN SALES     16 2,340,925  
    dMISCELLANEOUS INCOME     1 7,039  
    ePATRONAGE REFUNDS     16 27,760  
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 28  
    4 Dividends and interest from securities....          
    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 ............     		        2,580
    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)..   3,062,541 2,580
    13Total. Add line 12, columns (b), (d), and (e)..................
    133,065,121
    (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.)
    8 GAIN ON THE SALE OF FIXED ASSET RELATED TO EXEMPT FUNCTION.
    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: 15000324
    Software Version: 2015v2.0


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    SEQUOIA FARM FOUNDATION
     
    Employer identification number

    45-5160833
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    SEQUOIA FARM FOUNDATION
          		Employer identification number
    45-5160833
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    HOWARD G BUFFETT FOUNDATION  
    145 N MERCHANT ST
     
    DECATUR, IL62523

    		$ 16,923,636


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    SEQUOIA FARM FOUNDATION
          		Employer identification number

    45-5160833
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    SEQUOIA FARM FOUNDATION
          		Employer identification number

    45-5160833
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID: 15000324
    Software Version: 2015v2.0

    TY 2015 AccountingFeesSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    HJERPE & TENNISON CPAS 13,490 0 0 13,490

    TY 2015 ContractorCompensationExpln
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Contractor Explanation
    MOUNTAIN SIDE DRILLING PUMP SERVICE CONTRACTOR
    AZCA DRILLING WELL DRILLING
    BNT CONSTRUCTION CONTRACTOR
    CROP TECH CONSULTING CONSULTING
    SOUTHWEST TRADITIONS INC CONTRACTOR

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

    TY 2015 DepreciationSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    Software ID:
    15000324
    Software Version:
    2015v2.0
    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
    FORD TRUCK 2011-01-06 46,889 32,823 SL 20.00 % 9,378      
    IMPROVEMENTS - GRAHAM 2011-10-19 148,949 47,167 SL 10.0000 14,895      
    IMPROVEMENTS - THOMPSON 2011-09-08 91,849 30,617 SL 10.0000 9,185      
    IMPROVEMENTS - BRK B FARM 2011-04-21 74,761 27,412 SL 10.0000 7,476      
    IMPROVEMENTS - MOWEAQUA 2011-02-16 15,350 5,884 SL 10.0000 1,535      
    IMPROVEMENTS - MCDONALD 2011-04-21 51,019 18,707 SL 10.0000 5,102      
    IMPROVEMENTS - HONDO 2011-05-11 13,311 4,880 SL 10.0000 1,331      
    1404 WINCHESTER - HOUSE 2011-10-18 225,858 18,581 SL 2.56 % 5,791      
    1404 WINCHESTER - IMPROVE 2011-12-28 67,100 5,232 SL 2.56 % 1,720      
    BLDG & IMPR - MCDONALD 2011-06-01 80,918 40,459 SL 14.29 % 11,563      
    BLDG & IMPR - BRK A 2011-06-01 65,546 32,774 SL 14.29 % 9,367      
    BLDG & IMPR - BRK B 2011-06-01 2,086 1,043 SL 14.29 % 298      
    BLDG & IMPR - HONDO 2011-06-01 48,674 24,338 SL 14.29 % 6,956      
    BLDG & IMPR - THOMPSON 2011-06-01 8,474 4,237 SL 14.29 % 1,211      
    BLDG & IMPR - SCHMIDT 2011-06-01 9,500 4,751 SL 14.29 % 1,358      
    BLDG & IMPR - VARIOUS 2011-06-01 134,073 67,037 SL 14.29 % 19,159      
    IMPROVEMENTS - CONSERVAT 2012-12-26 291,196 72,800 SL 10.00 % 29,120      
    BLDG & IMPR - APACHE 2012-07-01 1,289,103 81,289 SL 2.56 % 33,053      
    IMPROVEMENTS - JORDAN 2012-07-01 687,367 114,896 SL 6.67 % 45,847      
    IMPROVEMENTS - LAKE FARM 2012-12-01 45,854 16,380 SL 14.28 % 6,548      
    IMPROVEMENTS - WINCHESTER 2012-04-01 61,832 10,307 SL 6.67 % 4,124      
    BLDG & IMPR - BRK A 2012-07-01 94,577 5,963 SL 2.56 % 2,425      
    BLDG & IMPR - DUNCAN 2012-07-02 62,900 3,966 SL 2.56 % 1,613      
    BLDG & IMPR - GRAHAM 2012-12-19 43,007 2,252 SL 2.56 % 1,103      
    IMPROVEMENTS - GRANT 2012-12-27 24,317 4,054 SL 6.67 % 1,622      
    IMPROVEMENTS - HONDO 2012-07-01 7,625 1,272 SL 6.67 % 509      
    IMPROVEMENTS - MCDONALD 2012-07-01 4,416 737 SL 6.67 % 295      
    BLDG & IMPR - THOMPSON 2012-07-01 74,265 4,682 SL 2.56 % 1,904      
    BUILDINGS & EQUIP 2009-01-01 1,156,562 992,248 SL 7.0000 164,314      
    BUILDINGS & EQUIP 2010-06-01 1,670,878 1,044,312 SL 7.0000 238,697      
    OFFICE FURNITURE 2011-11-18 23,700 10,440 SL 7.0000 3,386      
    FARM EQUIPMENT - 7 YR 2011-06-01 737,675 367,707 SL 14.29 % 105,414      
    FORD TRUCK 2011-04-18 37,529 26,271 SL 20.00 % 7,506      
    TRAILER 2011-05-18 12,096 8,467 SL 20.00 % 2,419      
    FORD TRUCK 2011-08-12 54,583 38,209 SL 20.00 % 10,917      
    FORD TRUCK 2011-11-07 50,025 35,018 SL 20.00 % 5,003      
    11' FORD F-250 2011-11-10 37,184 26,029 SL 20.00 % 7,437      
    11' JEEP CHEROKEE LAREDO 2011-11-21 34,593 24,216 SL 20.00 % 6,919      
    OFFICE EQUIPMENT - AZ 2012-12-20 11,590 4,140 SL 14.28 % 1,655      
    OFFICE EQUIP - IL 2012-09-19 3,988 1,425 SL 14.28 % 569      
    OTHER EQUIP - AZ 2012-12-01 101,278 37,169 SL 14.28 % 14,462      
    OTHER EQUIP - IL 2012-12-01 14,337 5,122 SL 14.28 % 2,047      
    FARM EQUIP - AZ 2012-07-01 3,678,825 1,313,092 SL 14.28 % 525,336      
    FARM EQUIP - IL 2012-07-01 735,174 262,603 SL 14.28 % 104,983      
    FARM EQUIP - NE 2012-07-01 144,440 51,593 SL 14.28 % 20,626      
    13' FORD F-150 RAPTOR 2012-10-26 51,165 25,583 SL 20.00 % 10,233      
    12' FORD F-150 2012-03-28 30,000 15,000 SL 20.00 % 6,000      
    12' CHEVY SUBURBAN LTZ 2012-03-16 56,914 28,457 SL 20.00 % 11,383      
    12' FORD F-150 RAPTOR 2012-02-20 52,437 26,218 SL 20.00 % 10,487      
    12' FORD F-250 XL 2012-02-01 42,795 21,398 SL 20.00 % 8,559      
    IMPROVEMENTS- APACHE FARM 2013-07-25 273,553 27,355 SL 6.67 % 18,246      
    IMPROVEMENTS- JORDAN FARM 2013-09-02 225,750 22,575 SL 6.67 % 15,058      
    IMPROVEMENTS - LAKE FARM 2013-05-23 44,987 4,499 SL 6.67 % 3,001      
    IMPROVEMENTS - 145 LAND 2013-04-03 8,886 889 SL 6.67 % 593      
    IMPROVEMENTS - AZ LAND 2013-11-25 5,162 516 SL 6.67 % 344      
    IMPROVEMENTS- GRAHAM FARM 2013-01-30 7,573 757 SL 6.67 % 505      
    IMPROVEMENTS- GRANT FARM 2013-01-22 20,864 2,087 SL 6.67 % 1,392      
    IMPROVEMENTS- APACHE FARM 2013-03-06 3,138 313 SL 6.67 % 209      
    IMPROVEMENTS - LAKE FARM 2013-04-08 26,416 2,642 SL 6.67 % 1,762      
    BLDG & IMPR - WINCHESTER 2013-05-23 10,600 442 SL 2.56 % 272      
    BLDG & IMPR - GRANT 2013-08-15 56,204 1,982 SL 2.56 % 1,441      
    FURNITURE - LAKE FARM 2013-03-20 2,560 549 SL 14.29 % 366      
    FURNITURE - WINCHESTER 2013-12-06 1,436 308 SL 14.29 % 205      
    FURNITURE - GRANT FARM 2013-05-29 2,495 535 SL 14.29 % 357      
    MACH & EQUIP - AZ FARMS 2013-03-22 7,517 1,611 SL 14.29 % 1,074      
    RANGE EQUIP - GRANT FARM 2013-07-05 241,699 51,796 SL 14.29 % 34,539      
    6190R - AZ FARM 2013-02-05 158,900 34,052 SL 14.29 % 22,707      
    MACH & EQUIP - AZ FARM 2013-03-14 11,935 2,558 SL 14.29 % 1,706      
    MACH & EQUIP - AZ FARM 2013-05-02 4,867 1,043 SL 14.29 % 695      
    JD8430 - AZ FARM 2013-06-11 202,000 43,289 SL 14.29 % 28,866      
    MACH & EQUIP - AZ FARM 2013-06-11 2,490 534 SL 14.29 % 356      
    MACH & EQUIP - AZ FARM 2013-06-17 3,123 669 SL 14.29 % 446      
    JD6330 TRACTOR - AZ FARM 2013-07-11 64,400 13,801 SL 14.29 % 9,203      
    JDH340 LOADER - AZ FARM 2013-07-11 9,900 2,122 SL 14.29 % 1,415      
    KOMATSU WHL LOAD - AZ FRM 2013-07-22 182,568 39,124 SL 14.29 % 26,089      
    MACH & EQUIP - AZ FARM 2013-08-20 6,290 1,348 SL 14.29 % 899      
    MACH & EQUIP - AZ FARM 2013-10-21 2,993 642 SL 14.29 % 428      
    JD9230 TRACTOR - AZ FARM 2013-11-07 217,000 46,503 SL 14.29 % 15,505      
    JD8335R TRACTOR- AZ FARM 2013-11-07 252,000 54,004 SL 14.29 % 36,011      
    JD5075E/LDR TRCTR - AZ FM 2013-11-07 32,580 6,982 SL 14.29 % 4,656      
    JD8225 TRACTOR - IL FARM 2013-07-11 200,371 42,939 SL 14.29 % 28,633      
    JD4720 TRACTOR - IL FARM 2013-10-18 31,440 6,738 SL 14.29 % 2,247      
    JD MX MOWER - IL FARM 2013-10-18 5,025 1,077 SL 14.29 % 718      
    HITCH - JD8225R - IL FARM 2013-12-31 10,745 2,302 SL 14.29 % 1,535      
    PIVOT - NE FARM 2013-06-19 37,120 7,954 SL 14.29 % 5,304      
    22' KRAUSE DISC - AZ FARM 2013-01-08 45,000 9,644 SL 14.29 % 6,431      
    DICKEY SPRAYER - JORDAN 2013-03-14 9,200 1,972 SL 14.29 % 1,315      
    MACH & EQUIP - AZ FARM 2013-05-23 668 143 SL 14.29 % 95      
    4630 SPRAY SHLD - AZ FARM 2013-08-15 4,568 979 SL 14.29 % 653      
    16 ROW BOX SYS - IL FARM 2013-01-04 8,510 1,824 SL 14.29 % 1,216      
    JD1990 CCS DRILL - IL FRM 2013-02-05 133,800 28,673 SL 14.29 % 19,120      
    25' AERATOR - IL FARM 2013-06-11 48,000 10,286 SL 14.29 % 6,859      
    JD 1770 16R PLANTER - IL 2013-11-07 115,000 24,645 SL 14.29 % 8,217      
    9322 GP PLOW - AZ FARM 2013-09-18 29,100 6,236 SL 14.29 % 4,158      
    30' BOOM SPRAY - AZ FARM 2013-09-18 3,682 789 SL 14.29 % 526      
    CALB434 BALER - AZ 2013-10-17 114,950 23,991 SL 14.29 % 7,999      
    ROLLA CONE CLSR - AZ 2013-10-28 5,300 1,135 SL 14.29 % 757      
    PIVOTS - APACHE FARM 2013-07-18 2,318 497 SL 14.29 % 331      
    PIVOTS - 145 FARM 2013-07-18 39,010 8,360 SL 14.29 % 5,575      
    PIVOTS - LAKE FARM 2013-07-31 33,373 7,152 SL 14.29 % 4,769      
    PIVOTS - NE FARM 2013-10-31 6,998 1,500 SL 14.29 % 1,000      
    EXPER. EQUIP - AZ FARM 2013-03-27 57,746 12,375 SL 14.29 % 8,252      
    MACH & EQUIP - APACHE FRM 2013-08-15 30,309 6,495 SL 14.29 % 4,331      
    SURVEY EQUP - AZ FARM 2013-12-03 3,338 715 SL 14.29 % 477      
    MACH & EQUIP - BRK-A FARM 2013-12-31 1,508 323 SL 14.29 % 215      
    JD855D GATOR - GRAHAM FRM 2013-11-07 16,625 3,563 SL 14.29 % 2,376      
    MAYRATH AUGER - AZ FARM 2013-04-04 13,818 2,962 SL 14.29 % 1,975      
    SCALE MONITOR - AZ FARM 2013-10-18 758 162 SL 14.29 % 108      
    MAYRATH AUGER - AZ FARM 2013-11-07 9,180 1,967 SL 14.29 % 1,312      
    EQUIP - HARVEST - AZ FARM 2013-11-07 13,603 2,915 SL 14.29 % 1,944      
    72' AUGER - AZ FARM 2013-12-05 10,200 2,186 SL 14.29 % 1,458      
    EQUIP - HARVEST - AZ FARM 2013-12-05 2,000 429 SL 14.29 % 286      
    744 WAGON - AZ FARM 2013-12-31 3,000 643 SL 14.29 % 429      
    MAYRATH AUGER - AZ FARM 2013-12-31 3,000 643 SL 14.29 % 429      
    CALB 434 BALER - AZ FARM 2013-12-31 3,000 643 SL 14.29 % 429      
    POST HOLE DIGGER - IL FRM 2013-02-05 3,500 750 SL 14.29 % 500      
    JD S670 COMBINE - IL FARM 2013-05-17 116,900 25,052 SL 14.29 % 16,705      
    MAYRATH AUGER - DUNCAN 2013-11-07 13,200 2,828 SL 14.29 % 1,886      
    MAYRATH AUGER - HONDO 2013-11-07 13,900 2,978 SL 14.29 % 1,986      
    BRNT 644 WAGON - IL FARM 2013-11-07 15,900 3,407 SL 14.29 % 2,272      
    CAMERA SYSTEM - IL FARM 2013-11-07 662 142 SL 14.29 % 95      
    BRNT 774 WAGON - IL FARM 2013-11-07 26,000 5,571 SL 14.29 % 3,715      
    PRKER 938 AUG WGN - IL 2013-11-07 32,000 6,858 SL 14.29 % 2,287      
    EQUIP - HARVEST - IL FARM 2013-12-31 41,800 8,958 SL 14.29 % 5,973      
    JD650J DOZER - IL FARM 2013-06-11 65,000 13,930 SL 14.29 % 9,289      
    EQUIP - MAINT - IL 2013-10-21 1,949 418 SL 14.29 % 279      
    EQUIP - RTK - IL FARM 2013-12-05 2,732 585 SL 14.29 % 390      
    RADIO EQUIP - AZ 2013-11-04 7,140 1,530 SL 14.29 % 1,020      
    RADIO EQUIP - IL 2013-11-19 4,586 982 SL 14.29 % 655      
    OFFICE EQUIP - IL 2013-07-18 2,125 456 SL 14.29 % 304      
    COMP EQUIP - AZ 2013-12-17 988 212 SL 14.29 % 141      
    2014 JEEP GR CHER -0720 2013-08-13 69,819 20,946 SL 20.00 % 13,964      
    FORD F350 RC - 1410 2013-10-09 45,234 13,570 SL 20.00 % 9,047      
    FORD F450 CREW - 1926 2013-10-19 60,766 18,230 SL 20.00 % 12,153      
    1968 MACK - 0872 2013-11-26 17,500 5,250 SL 20.00 % 3,500      
    FORD F350 - 4225 2013-12-20 52,625 15,788 SL 20.00 % 10,525      
    FORD F350 CC - 7237 2013-09-19 43,673 13,102 SL 20.00 % 8,735      
    FORD F350 CC - 8575 2013-09-19 42,938 12,882 SL 20.00 % 8,588      
    2014 MACK - 6812 2013-10-01 126,944 38,083 SL 20.00 % 25,389      
    IMPROVEMENTS - APACHE FRM 2013-06-30 929,921 92,992 SL 6.67 % 62,026      
    IMPROVEMENTS - JORDAN FRM 2013-06-30 747,167 74,717 SL 6.67 % 49,836      
    IMPROVEMENTS - LAKE FARM 2013-06-30 676,106 67,610 SL 6.67 % 45,096      
    IMPROVEMENTS - 145 FARM 2013-06-30 481,965 48,196 SL 6.67 % 32,147      
    IMPROVEMENTS - BRK-A FRM 2013-11-14 3,643 781 SL 14.29 % 521      
    IMPROVEMENTS - DUNCAN 2013-06-30 50,547 5,054 SL 6.67 % 3,371      
    IMPROVEMENTS - GRAHAM 2013-06-30 389,561 38,956 SL 6.67 % 25,984      
    IMPROVEMENTS - HONDO 2013-01-30 1,005 216 SL 14.29 % 144      
    IMPROVEMENTS - MCDONALD 2013-11-14 3,920 392 SL 6.67 % 261      
    IMPROVEMENTS - ELWIN 2013-05-16 968 97 SL 6.67 % 65      
    IMPROVEMENTS - HILL 2013-08-16 1,210 259 SL 14.29 % 173      
    IMPROVEMENTS - GRANT 2013-06-30 65,177 6,517 SL 6.67 % 4,347      
    IMPROVEMENTS - APACHE 2013-06-30 835,180 33,031 SL 2.56 % 21,414      
    IMPROVEMENTS - JORDAN 2013-06-30 435,691 17,231 SL 2.56 % 11,171      
    IMPROVEMENTS - GRANT 2013-06-30 1,103,132 43,629 SL 2.56 % 28,284      
    PROGRAM ASSETS 2013-06-30 7,358 1,576 SL 14.29 % 1,051      
    JD 60D EXCAVATOR - IL FRM 2013-01-04 71,100 15,237 SL 14.29 % 10,160      
    JD 855D GATOR - AZ FARM 2013-06-11 18,595 3,985 SL 14.29 % 2,657      
    MACH & EQUIP - AZ FARM 2013-12-31 1,787 383 SL 14.29 % 255      
    JD1990 30' AIR DRILL - IL 2013-07-11 80,639 17,281 SL 14.29 % 11,523      
    2013 FORD F150 RAPTOR 2013-10-02 57,243 17,173 SL 20.00 % 11,449      
    PIVOTS (AZ) 2012-04-12 235,489 84,116 SL 14.28 % 33,628      
    PIVOTS (AZ) 2013-04-12 67,961 14,564 SL 14.29 % 9,712      
    2014 RED FORD RAPTOR AZ 2014-02-18 56,914 9,486 SL 5.0000 11,383      
    2014 WHITE F250 AZ 2014-02-20 31,429 5,238 SL 5.0000 6,286      
    2014 TAN FOR RAPTOR AZ 2014-04-21 63,767 8,502 SL 5.0000 12,753      
    2011 FORD 5150 2014-08-25 48,943 3,263 SL 5.0000 9,789      
    2014 F150 RAPTOR IL 2014-08-01 65,245 5,437 SL 5.0000 13,049      
    TRAILER IL 2014-08-01 59,900 4,992 SL 5.0000 11,980      
    2014 VEHICLE PARTS AZ 2014-11-19 69,339 1,156 SL 5.0000 13,868      
    2014 VEHICLE PARTS IL 2014-08-27 39,013 2,601 SL 5.0000 7,803      
    2014 VEHICLE PART 2014-10-28 12,296 410 SL 5.0000 2,459      
    2014 F150 CREW CAB 2014-10-31 63,427 2,114 SL 5.0000 12,685      
    IMPROVEMENTS - APACHE 2014-06-12 26,668 1,037 SL 15.0000 1,778      
    IMPROVEMENTS - GRAHAM 2014-07-18 49,197 1,367 SL 15.0000 3,280      
    IMPROVEMENTS - ELWIN 2014-04-29 34,044 1,513 SL 15.0000 2,270      
    IMPROVEMENTS - HILL 2014-07-28 753 45 SL 7.0000 108      
    IMPROVEMENTS - JACOB 2014-04-29 4,054 180 SL 15.0000 270      
    BLDG & IMPR - APACHE 2014-04-14 3,065 153 SL 15.0000 204      
    BLDG & IMPR - JORDAN 2014-09-09 7,733 172 SL 15.0000 516      
    BLDG & IMPR - LAKE 2014-04-07 5,155 258 SL 15.0000 344      
    BLDG & IMPR - DUNCAN 2014-04-09 2,886 144 SL 15.0000 192      
    BLDG & IMPR - ELWIN 2014-10-24 10,304 114 SL 15.0000 687      
    BLDG & IMPR - HAYS LEG 2014-07-18 42,384 1,177 SL 15.0000 2,826      
    IMPROVEMENTS - AZ WELLS 2014-06-19 48,097 1,603 SL 15.0000 3,206      
    IMPROVEMENTS - NE WELLS 2014-05-28 91,180 3,546 SL 15.0000 6,079      
    FURNITURE - APACHE 2014-03-26 1,826 196 SL 7.0000 261      
    FURNITURE - JORDAN 2014-04-22 17,696 1,685 SL 7.0000 2,528      
    FURNITURE - LAKE 2014-02-26 4,109 489 SL 7.0000 587      
    FURNITURE - WINCHESTER 2014-08-08 2,876 171 SL 7.0000 411      
    FURNITURE - SPANISH HOUSE 2014-02-10 2,607 341 SL 7.0000 372      
    FURNITURE - BRK A 2014-03-04 2,338 278 SL 7.0000 334      
    FURNITURE - BRK B 2014-03-04 2,338 278 SL 7.0000 334      
    FURNITURE - MCDONALD 2014-03-04 2,338 278 SL 7.0000 334      
    FURNITURE - OMAHA 2014-06-25 654 47 SL 7.0000 93      
    FURNITURE - GRANT 2014-08-12 2,466 147 SL 7.0000 352      
    BINS & TANKS - AZ 2014-09-24 197,802 7,064 SL 7.0000 28,257      
    BINS & TANKS - IL 2014-07-18 27,171 1,617 SL 7.0000 3,882      
    CLASSROOM EQUIP - GRANT 2014-03-26 801 86 SL 7.0000 114      
    RANGE EQUIP - GRANT 2014-07-01 5,234 374 SL 7.0000 748      
    WEATHER EQUIP - AZ 2014-04-28 6,281 598 SL 7.0000 897      
    JD 6105M TRACTOR - IL 2014-07-17 69,000 4,107 SL 7.0000 9,857      
    JD 7830 TRACTOR - IL 2014-09-11 140,000 6,667 SL 7.0000 11,667      
    JD997 MOWER - IL 2014-11-05 16,799 400 SL 7.0000 2,400      
    JD 997 MOWER - IL 2014-11-05 16,799 400 SL 7.0000 2,400      
    JD 5075M - IL 2014-12-08 67,900 808 SL 7.0000 9,700      
    KOMATSU CRAWLER - IL 2014-12-30 227,926   SL 7.0000 32,561      
    PLANTING EQUIP - AZ 2014-07-28 464 28 SL 7.0000 66      
    PLANTING EQUIP - IL 2014-07-28 927 55 SL 7.0000 132      
    IMPLEMENT EQUIP - AZ 2014-12-01 128 2 SL 7.0000 18      
    JD 2510HS - IL 2014-09-30 74,900 2,675 SL 7.0000 10,700      
    AZ PIVOTS 2014-06-19 193,302 13,807 SL 7.0000 27,615      
    NE PIVOTS 2014-06-30 17,872 1,277 SL 7.0000 2,553      
    RESEARCH EQUIP - AZ 2014-08-27 64,445 3,069 SL 7.0000 9,206      
    OTHER EQUIP - AZ 2014-06-30 62,689 4,478 SL 7.0000 8,956      
    OTHER EQUIP - BRK A 2014-04-08 4,000 429 SL 7.0000 571      
    OTHER EQUIP - GRANT 2014-05-07 1,772 169 SL 7.0000 253      
    OTHER EQUIP - IL 2014-09-24 654 23 SL 7.0000 93      
    JD 855D - ELWIN 2014-11-05 22,350 532 SL 7.0000 3,193      
    JD 855D - CHRISTIANSEN 2014-11-01 20,240 482 SL 7.0000 2,891      
    JD 3000 2014-12-08 24,890 296 SL 7.0000 3,556      
    HOPPER FOR AUGER - AZ 2014-03-11 380 45 SL 7.0000 54      
    MAYRATH AUGER 10X31 - AZ 2014-05-07 12,170 1,159 SL 7.0000 1,739      
    UNVERFERTH WAGON - AZ 2014-05-08 10,100 962 SL 7.0000 1,443      
    COMBINE - AZ 2014-11-05 306,900 7,307 SL 7.0000 43,843      
    757 WAGON - IL 2014-02-03 1,650 216 SL 7.0000 236      
    757 WAGON - IL 2014-02-03 1,650 216 SL 7.0000 236      
    MAYRATH 12X41AUGER - IL 2014-05-07 6,700 638 SL 7.0000 957      
    MAYRATH 8X33 AUGER - IL 2014-05-07 5,500 524 SL 7.0000 786      
    JD 630 FLEX DRAPER - IL 2014-09-11 67,400 3,210 SL 7.0000 9,629      
    JD 630 FLEX DRAPER - IL 2014-09-11 67,400 3,210 SL 7.0000 9,629      
    UNV HT30 - IL 2014-09-11 3,190 152 SL 7.0000 456      
    UNV HT30 - IL 2014-09-11 3,190 152 SL 7.0000 456      
    MAYRATH 12X72 AUGER - IL 2014-09-30 13,900 496 SL 7.0000 1,986      
    MAYRATH 10X62 AUGER - IL 2014-09-30 6,900 246 SL 7.0000 986      
    JD 608C - IL 2014-12-08 158,240 1,884 SL 7.0000 22,606      
    MAINT EQUIP - AZ 2014-09-09 2,066 98 SL 7.0000 295      
    MAINT EQUIP - IL 2014-09-11 20,153 960 SL 7.0000 2,879      
    RTK/GPS EQUIP - AZ 2014-08-21 10,343 493 SL 7.0000 1,478      
    RADIO EQUIP - AZ 2014-08-18 12,025 573 SL 7.0000 1,718      
    RADIO EQUIP - IL 2014-06-02 5,418 452 SL 7.0000 774      
    RADIO EQUIP - NE 2014-09-09 7,794 371 SL 7.0000 1,113      
    OFFICE EQUIP 2014-06-30 1,393 100 SL 7.0000 199      
    COMUPUTER EQUIP - AZ 2014-09-16 7,065 252 SL 7.0000 1,009      
    CAMERA EQUIP - AZ 2014-04-18 5,050 481 SL 7.0000 721      
    CAMERA EQUIP - IL 2014-11-25 1,231 15 SL 7.0000 176      
    SECURITY - CHRISTIANSEN 2014-09-25 9,892 353 SL 7.0000 1,413      
    SECURITY - IL 2014-11-19 3,116 37 SL 7.0000 445      
    CAMERA - CHRISTIANSEN 2014-11-14 7,313 174 SL 7.0000 1,045      
    RADIO EQUIP - ELWIN 2014-10-23 1,091 26 SL 7.0000 156      
    RADIO EQUIP - CHRISTIANSE 2014-10-23 1,091 26 SL 7.0000 156      
    2012 BLK FORD RAPTOR SCSO 2014-05-27 11,833 1,381 SL 5.0000 2,367      
    2012 TAN FORD RAPTOR CCSO 2014-10-02 33,768 1,688 SL 5.0000 6,754      
    VEHICLE EQUIPEMT 2014-06-17 1,513 151 SL 5.0000 303      
    VEHICLE EQUIPMENT 2015-01-28 1,485   SL 10.00 % 149      
    IMPROVEMENTS - APACHE 2015-07-22 29,348   SL 3.33 % 977      
    IMPROVEMENTS - JORDAN 2015-05-08 5,132   SL 3.33 % 171      
    IMPROVEMENTS - COCHISE 2015-10-28 3,510   SL 3.33 % 117      
    IMPROVEMENTS - COLBERT 2015-10-28 69,313   SL 3.33 % 2,308      
    IMPROVEMENTS - BRK-A 2015-02-06 1,157   SL 7.14 % 83      
    IMPROVEMENTS - DUNCAN 2015-04-24 425   SL 7.14 % 30      
    IMPROVEMENTS - GRAHAM 2015-11-18 68,866   SL 3.33 % 2,293      
    IMPROVEMENTS - MACDONALD 2015-10-01 8,500   SL 3.33 % 283      
    IMPROVEMENTS - ELWIN 2015-11-18 224,282   SL 3.33 % 7,469      
    IMPROVEMENTS - KEARNEY 2015-11-30 5,500   SL 3.33 % 183      
    BLDG & IMPR - APACHE 2015-02-20 22,283   SL 3.33 % 742      
    BLDG & IMPR - JORDAN 2015-05-18 3,397   SL 3.33 % 113      
    BLDG & IMPR - LAKE FARM 2015-10-05 14,716   SL 3.33 % 490      
    BLDG & IMPR - WINCHESTER 2015-08-17 3,000   SL 3.33 % 100      
    BLDG & IMPR - BRK-A 2015-09-03 761   SL 3.33 % 25      
    FURNITURE-APACHE 2015-08-25 5,513   SL 7.14 % 394      
    FURNITURE-BRK-A 2015-08-06 796   SL 7.14 % 57      
    LAB EQUIP-JORDAN FARM 2015-11-12 90,325   SL 7.14 % 6,449      
    BINS & TANKS -AZ 2015-11-12 2,795   SL 7.14 % 200      
    BINS & TANKS -IL 2015-10-08 8,485   SL 7.14 % 606      
    WEATHER EQUIP - AZ 2015-10-16 5,857   SL 7.14 % 418      
    OXEN EQUIP - AZ 2015-11-18 21,310   SL 7.14 % 1,522      
    JD 9360R TRACTOR - AZ 2015-09-09 226,154   SL 7.14 % 16,147      
    JD 9360R TRACTOR - AZ 2015-09-09 226,154   SL 7.14 % 16,147      
    Z665 MOWER - AZ 2015-09-09 6,090   SL 7.14 % 435      
    JD MX8 ROTARY CUTTER - AZ 2015-09-09 5,390   SL 7.14 % 385      
    7830 TRACTOR - AZ 2015-01-12 519   SL 7.14 % 37      
    CASE TR320 COMPACT TR -AZ 2015-01-27 71,932   SL 7.14 % 5,136      
    JD 8295R TRACTOR - AZ 2015-03-17 183,877   SL 7.14 % 13,129      
    JD6115M TRACTOR - AZ 2015-03-17 69,100   SL 7.14 % 4,934      
    FERTILIZER DOSING PUMP-AZ 2015-07-20 1,800   SL 7.14 % 129      
    JD 9470R TRACTOR-IL 2015-12-01 255,026   SL 7.14 % 18,209      
    JD 2720 7 SHANK-IL 2015-12-01 45,000   SL 7.14 % 3,213      
    OTHER EQUIP - NE 2015-04-07 3,468   SL 7.14 % 248      
    1170NT PLANTER - AZ 2015-05-08 2,235   SL 7.14 % 160      
    TEC SCALE SYSTEM - AZ 2015-08-28 6,800   SL 7.14 % 486      
    JD 2510S STRIP TILL-IL 2015-09-09 94,646   SL 7.14 % 6,758      
    JD 1795 16/32 PLANTER-IL 2015-05-05 136,777   SL 7.14 % 9,766      
    JD 450 -IL 2015-04-07 1,800   SL 7.14 % 129      
    OTHER EQUIP- IL 2015-05-05 33,365   SL 7.14 % 2,382      
    ORTHMAN TRACK-AZ 2015-04-01 12,120   SL 7.14 % 865      
    AZ PIVOTS 2015-07-08 44,808   SL 7.14 % 3,199      
    NE PIVOTS 2015-09-23 55,586   SL 7.14 % 3,969      
    AZ WELLS 2015-09-22 247,954   SL 7.14 % 17,704      
    RESEARCH EQUP-AZ 2015-07-22 3,384   SL 7.14 % 242      
    LAB EQUIP-AZ 2015-07-22 66,356   SL 7.14 % 4,738      
    OTHER EQUIP-AZ 2015-07-23 84,483   SL 7.14 % 6,032      
    OTHER EQUIP-BRK 2015-05-26 21,577   SL 7.14 % 1,541      
    OTHER EQUIP-GRAHAM 2015-09-22 66,012   SL 7.14 % 4,713      
    OTHER EQUIP-HONDO 2015-09-22 74,078   SL 7.14 % 5,289      
    IMPROVEMENTS - GRANT 2015-11-06 73,233   SL 3.33 % 2,439      
    IMPROVEMENTS-CHRISTIANSEN 2015-08-31 98,856   SL 3.33 % 3,292      
    IMPROVEMENTS - GRASSLAND 2015-07-20 113,905   SL 3.33 % 3,793      
    BLDG & IMPR - GRANT 2015-12-01 245,295   SL 3.33 % 8,168      
    BLDG & IMPR - ELWIN 2015-07-22 174,679   SL 3.33 % 5,817      
    BLDG & IMPR - CHRISTIANSE 2015-06-16 317,534   SL 3.33 % 10,574      
    FURNITURE-GRANT 2015-09-08 18,668   SL 7.14 % 1,333      
    FURNITURE-ELWIN 2015-06-08 10,184   SL 7.14 % 727      
    FURNITURE-CHRISTIANSEN 2015-07-09 30,070   SL 7.14 % 2,147      
    2015 JEEP WRANGLER 2015-03-20 50,401   SL 10.00 % 5,040      
    2015 FORD F150 4X4 2015-12-30 51,248   SL 10.00 % 5,125      
    BRENT 1282 GRAIN CART 2015-03-17 68,630   SL 7.14 % 4,900      
    JD S670 COMBINE 2015-07-27 18,155   SL 7.14 % 1,296      
    HARVEST EQUIP-IL 2015-08-31 28,995   SL 7.14 % 2,070      
    JD 608C CORN HEAD 2015-01-30 58,888   SL 7.14 % 4,205      
    JD630FD DRAPER 2015-09-09 58,275   SL 7.14 % 4,161      
    2 KUNTZ BOX SCRAPPERS-AZ 2015-03-17 16,950   SL 7.14 % 1,210      
    RTK/GPS EQUIP-IL 2015-01-30 9,800   SL 7.14 % 700      
    RTK/GPS EQUIP-NE 2015-10-08 3,195   SL 7.14 % 228      
    RADIO EQUIP-AZ 2015-11-27 22,986   SL 7.14 % 1,641      
    RADIO EQUIP-IL 2015-01-30 12,600   SL 7.14 % 900      
    COMPUTER EQUIP-AZ 2015-02-26 1,008   SL 7.14 % 72      
    CAMERA EQUIP-AZ 2015-02-26 22,275   SL 7.14 % 1,590      
    2015 VEHICLE PARTS-AZ 2015-07-22 36,348   SL 10.00 % 3,635      
    2015 VEHICLE PARTS-IL 2015-07-22 5,948   SL 10.00 % 595      
    2015 VEHICLE PARTS 2015-08-25 7,773   SL 10.00 % 777      
    2015 VEHICLE PARTS-CHRIST 2015-07-07 33,601   SL 10.00 % 3,360      
    RADIOS & GPS-CHRISTIANSEN 2015-12-15 14,778   SL 7.14 % 1,055      
    WEAPONS-IL 2015-07-10 6,986   SL 7.14 % 499      
    OTHER EQUIP-ELWIN 2015-10-28 2,071   SL 7.14 % 148      
    OTHER EQUIP-CHRISTIANSEN 2015-07-31 139,219   SL 7.14 % 9,940      
    CAMERAS-CHRISTIANSEN 2015-12-10 65,518   SL 7.14 % 4,678      
    RANGE EQUIP-GRANT 2015-09-08 1,756   SL 7.14 % 125      
    RANGE EQUIP-ELWIN 2015-11-05 19,432   SL 7.14 % 1,387      
    RANGE EQUIP-CHRISTIANSEN 2015-07-09 17,868   SL 7.14 % 1,276      
    CLASSROOM EQUIP-GRANT 2015-10-21 3,741   SL 7.14 % 267      
    K-9 EQUIP-GRANT 2015-11-19 34,317   SL 7.14 % 2,450      
    COMPUTER EQUIP-GRANT 2015-09-08 2,232   SL 7.14 % 159      
    COMPUTER EQUIP-CHRISTIANS 2015-06-08 17,867   SL 7.14 % 1,276      
    JD612C CORN HEAD 2011-06-01 63,990 29,750 SL 14.29 % 4,252      
    JD2510H HI SEED 2011-06-01 95,400 48,837 SL 14.29 % 6,817      
    60FT ROLLER 2012-04-12 33,500 12,964 SL 14.28 % 2,392      
    J8335R TRACTOR & LOADER 2012-07-01 257,900 92,108 SL 14.28 % 18,414      
    JD1770 PLANTER 2010-06-01 182,003 103,716 SL 14.28 % 11,310      
    JD9230 TRACTOR 2010-06-01 197,500 129,313 SL 14.28 % 14,102      
    JD5055D TRACTOR 2012-12-01 16,665 4,960 SL 14.28 % 1,190      
    JD608 CORNHEAD 2010-06-01 50,800 33,261 SL 14.28 % 3,627      
    JD850D GATOR 2009-01-01 14,100 12,084 SL 14.29 % 1,008      
    JD9230 TRACTOR 2010-06-01 225,075 129,313 SL 14.28 % 14,102      
    GRANT TRACTOR 2015-09-09 6,465   SL 7.14 % 462      
    BLDG & IMPR - GRAHAM FARM 2015-11-18 42,266   SL 3.33 % 1,407      
    SALES TAX ON PRIOR EQUIPM 2015-04-15 18,617   SL 7.14 % 1,329      

    TY 2015 LandEtcSchedule2
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Auto./Transportation Equip. 1,717,118 798,862 918,256  
    Furniture and Fixtures 110,970 16,494 94,476  
    Machinery and Equipment 20,192,237 6,835,824 13,356,413  
    Buildings 11,983,731 1,782,168 10,201,563  
    Land 59,404,104   59,404,104  
    Miscellaneous       85,000,000


    TY 2015 LegalFeesSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    VARIOUS 110,873 0 0 110,873


    TY 2015 OtherAssetsSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    EFFINGHAM PATRONAGE EQUITY   27,760 27,760


    TY 2015 OtherExpensesSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 3,944     3,944
    CHEMICAL,FERTILIZER, SEED 1,420,681     1,420,681
    CONSULTING 605,730     605,730
    CONTRACT LABOR 41,770     41,770
    DONATIONS 35,217     35,217
    DUES & SUBSCRIPTIONS 4,748     4,748
    EMPLOYEE BENEFITS 82,634     82,634
    EQUIPMENT MAINTENANCE 101,808     101,808
    EQUIPMENT RENTAL 5,860     5,860
    FUEL 74,963     74,963
    HAULING 2,538     2,538
    INSURANCE - D&O 11,154     11,154
    INSURANCE - PROPERTY 168,543     168,543
    INSURANCE - WORKERS COMP 68,610     68,610
    LAND RENT 1,950     1,950
    LICENSE, PERMITS, & FEES 8,785     8,785
    MISCELLANEOUS 4,336     4,336
    OTHER MAINTENANCE 15,865     15,865
    POSTAGE 682     682
    REPAIRS & MAINTENANCE 58,747     58,747
    SHIPPING 2,014     2,014
    SUPPLIES 133,576     133,576
    TOOLING 9,016     9,016
    TRAINING/SEMINARS 8,880     8,880
    VEHICLE LICENSING 11,049     11,049
    VEHICLE MAINTENANCE 11,573     11,573


    TY 2015 OtherIncomeSchedule2
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    EASEMENT INCOME 45,739   45,739
    FARM CASH RENT 641,050   641,050
    GRAIN SALES 2,340,925   2,340,925
    MISCELLANEOUS INCOME 7,039   7,039
    PATRONAGE REFUNDS 27,760   27,760


    TY 2015 TaxesSchedule
    Name:
    SEQUOIA FARM FOUNDATION
    EIN:
    45-5160833
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 12,520     12,520
    REAL ESTATE TAXES 256,590     256,590