Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
VERNON & ROWENA GRIFFITH FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2 NORTH MAIN STREET SUITE 401
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SHERIDAN, WY82801
A Employer identification number

23-7135835
B Telephone number (see instructions)

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$15,025,201J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 189 189  
4 Dividends and interest from securities... 606,464 606,464  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 333,360
b Gross sales price for all assets on line 6a 6,731,077
7 Capital gain net income (from Part IV, line 2)... 333,360
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 -52,390 150  
12 Total. Add lines 1 through 11........ 887,623 940,163  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 26,400 19,800   6,600
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 502 377   125
b Accounting fees (attach schedule)....... Click to see attachment 5,100 3,825   1,275
c Other professional fees (attach schedule).... Click to see attachment 79,418 59,563   19,855
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 13,259 3,598   1,199
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 6,276 4,707   1,569
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 2,725 2,044   681
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 133,680 93,914   31,304
25 Contributions, gifts, grants paid....... 725,000 725,000
26 Total expenses and disbursements. Add lines 24 and 25 858,680 93,914   756,304
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 28,943
b Net investment income (if negative, enter -0-) 846,249
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............. -3    
2 Savings and temporary cash investments......... 585,839 1,048,776 1,048,776
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.......... 10,769 5,138 5,138
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 14,839,606 Click to see attachment14,411,240 13,797,848
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 bullet25,853
Less: accumulated depreciation (attach schedule) bullet25,853      
15 Other assets (describe bullet) Click to see attachment88,219 Click to see attachment88,219 Click to see attachment173,439
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,524,430 15,553,373 15,025,201
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. -2  
25 Temporarily restricted...............    
26 Permanently restricted............... 15,524,432 15,553,373
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)..... 15,524,430 15,553,373
31 Total liabilities and net assets/fund balances (see instructions). 15,524,430 15,553,373
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
15,524,430
2
Enter amount from Part I, line 27a .....................
2
28,943
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
15,553,373
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
15,553,373
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 ACLOA INC P 2015-03-09 2015-06-12
b GOLDMAN SACHS GROUP P   2015-10-29
c QUALCOMM INC P 2014-07-31 2015-02-18
d GILEAD SCIENCES P 2014-03-17 2015-06-12
e AEGON NV P 2013-05-08 2015-10-20
SHISEIDO LTD SPONS P 2011-05-24 2015-08-21
AMAZON.COM INC P 2015-08-27 2015-12-02
PRECISION CASTPARTS CORP P 2014-09-18 2015-02-25
APPLE INC P 2011-06-28 2015-12-02
GILEAD SCIENCES INC P 2013-07-29 2015-08-26
ORACLE CORP P 2010-05-20 2015-06-18
WYNDHAM WORLDWIDE P 2012-06-19 2015-08-27
ALEXANDER & BALDWIN NEW P 2009-10-08 2015-09-24
STURM RUGER & CO P 2009-10-08 2015-09-24
AMERICAN EXPRESS P 2015-01-30 2015-10-28
GOOGLE INC P 2014-08-27 2015-03-04
RACKSPACE INC P 2015-06-05 2015-08-05
JOHNSON & JOHNSON P 2014-07-29 2015-12-29
AGRIUM INC P 2013-07-02 2015-02-26
SWISSCOM SPONS ADR P 2010-05-06 2015-01-16
AMETEK INC NEW P 2015-09-21 2015-10-08
RESTORATION HARDWARE P 2015-09-21 2015-11-30
ARM HLDGS PLC SPONS P 2013-06-10 2015-11-30
GOOGLE INC CL A P 2011-01-26 2015-09-21
PACKAGING CORP OF AMER P 2014-04-16 2015-05-21
ACCENTURE PLC P 2012-11-12 2015-09-16
AMERICAN EAGLE OUTFITTERS P 2011-08-29 2015-09-24
TEJON RANCH CO P 2009-10-08 2015-09-24
AMERISOURCEBERGEN CORP P 2015-05-08 2015-10-07
GOPRO INC P 2015-09-10 2015-10-09
RAYTHEON CO P 2014-04-29 2015-02-05
MICRON TECHNOLOGY P 2014-01-14 2015-06-29
CARREFOUR SA SPONSOR ADR P 2011-10-04 2015-02-05
TNT EXPRESS NV P 2013-08-29 2015-04-13
AMSURG CORP P 2015-09-16 2015-12-02
ROSS STORES INC P 2015-09-21 2015-11-30
BIOGEN INC P 2012-10-03 2015-11-30
GOOGLE INC CL A P 2013-04-02 2015-02-19
PHILIP MORRIS INTL P 2012-06-28 2015-01-12
ACE LTD P 2013-04-23 2015-04-30
CABELAS INC P 2009-10-08 2015-09-24
TEMPUR SEALY INTL P 2013-09-13 2015-09-24
AMERIPRISE FINL P 2015-06-03 2015-10-08
HCA HOLDINGS P 2015-02-05 2015-11-25
ROBERT HALF INTL INC P 2015-05-04 2015-12-18
PRUDENTIAL FINL INC P 2014-04-22 2015-05-19
CATLIN GROUP LTD P 2013-06-25 2015-01-07
TELECOM ITALIA ADR P 2013-03-07 2015-11-10
ARM HLDGS PLC SPONS P 2015-09-21 2015-11-30
SALESFORCE.COM INC P 2015-04-23 2015-12-02
BLACKROCK INC P 2011-12-28 2015-09-21
HERSHEY COMPANY P 2012-06-26 2015-04-23
PRICE T ROWE GRP INC P 2013-03-04 2015-04-23
FT EUROPE ALPHADX P 2014-06-26 2015-02-26
CORRECTIONS CRP AMER P 2009-10-08 2015-09-24
TENET HLTHCARE CORP NEW P 2009-10-08 2015-09-24
ARCHER DANIELS MIDLAND P   2015-04-09
HEWLETT-PACKARD CO P 2014-09-30 2015-08-03
SCRIPPS NTWKS P 2015-01-09 2015-07-22
TEXAS INSTRUMENTS INC P 2014-04-29 2015-11-25
CENTRAIS ELEC BRAS P 2013-04-11 2015-02-03
TEVA PHARMACEUTICAL ADR P 2012-09-24 2015-07-29
BIOGEN INC P 2015-09-21 2015-11-30
SKYWORKS SOLUTIONS INC P 2015-07-13 2015-12-02
CVS HEALTH CORP P 2012-06-07 2015-12-02
HOME DEPOT INC P 2012-06-26 2015-12-02
QUALCOMM INC P 2011-03-18 2015-02-05
DST SYSTEMS INC DEL P 2015-07-24 2015-09-24
EATON VANCE CORP P 2011-08-11 2015-05-11
TREDEGAR CORP P 2009-10-08 2015-09-24
BIOGEN INC P 2014-11-19 2015-01-08
HILTON WORLDWIDE HLDGS P 2015-03-13 2015-08-26
SIMON PPTY GRP INC P 2015-11-18 2015-12-29
THERMO FISHER P 2014-04-07 2015-04-17
ELECTRICITE DE FRANCE P 2014-06-27 2015-12-09
VALLOUREC SA NEW ADR P 2014-03-11 2015-05-26
CHEMOURS COMPANY P 2015-06-18 2015-07-23
UNDER ARMOUR INC P 2015-08-27 2015-12-02
CELGENE CORP P 2011-10-27 2015-12-02
INTUIT INC P 2013-04-23 2015-12-02
ROBERT HALF INTL P 2011-08-09 2015-08-27
DANA HOLDINGS CORP P 2014-07-21 2015-05-11
FIRST INDUSTRIAL RLTY TR P 2010-05-20 2015-09-24
VISTA OUTDOOR INC P 2013-07-26 2015-09-24
CAPITAL ONE FINL CORP P 2014-08-04 2015-03-19
INTEL CORP P   2015-09-17
TEXAS INSTRUMENTS P   2015-12-17
UNION PACIFIC P 2013-10-18 2015-07-14
GAZPROM PJSC SPONS P 2012-05-23 2015-03-18
SCORPIO TANKERS INC P 2015-02-27 2015-06-17
DU PONT EI DE NEMOURS P 2015-06-18 2015-07-28
UNION PACIFIC CORP P 2015-04-07 2015-07-23
CERNER CORP P 2012-06-04 2015-12-02
INTUITIVE SURGICAL NEW P 2011-12-15 2015-12-02
ROSS STORES INC P 2012-06-26 2015-11-30
ENERGIZER HLDGS NEW P 2015-09-23 2015-09-24
KAMAN CORP P 2011-08-10 2015-09-24
ENDURANCE SPECIALTY P 2014-08-29 2015-09-23
COCA-COLA ENTERPRISES P 2014-06-17 2015-03-03
KROGER COMPANY P 2015-04-28 2015-07-23
UNITED HEALTH GROUP P 2015-06-09 2015-10-23
AEGON NV P 2015-08-13 2015-10-20
GLAXOSMITHKLINE PLC P 2010-04-22 2015-03-19
ARES CAPITAL CORP P 2012-02-27 2015-03-16
JARDEN CORP P 2015-09-21 2015-11-30
VULCAN MATERIALS CO P 2015-02-09 2015-12-02
COGNIZANT TECH P 2012-10-12 2015-12-02
ESTEE LAUDER COMPANY INC P 2012-05-22 2015-08-27
SALLEY BEAUTY HOLDINGS INC P 2011-11-02 2015-05-21
EXELIS INC P 2014-11-04 2015-06-01
MBIA INC P 2010-04-14 2015-09-24
BASIS ADJUSTMENT FOR SECURITIES P 2010-01-01 2015-12-31
COLGATE PALMOLIVE P 2015-01-13 2015-10-12
MARATHON PETROLEUM P 2015-07-24 2015-08-26
VALERO ENERGY CORP P 2014-07-01 2015-01-22
H LUNDBECK P 2014-11-19 2015-11-17
KB FINANCIAL GROUP P 2013-07-10 2015-09-04
CORTS II GS CAP P 2004-04-01 2015-01-05
JETBLUE AIRWAYS CORP P 2015-04-23 2015-12-02
WILLIAMS COMPANIES INC P 2015-04-30 2015-06-22
COSTCO WHOLESALE CORP P 2012-12-12 2015-12-02
MACYS INC P 2012-06-19 2015-02-25
SCHLUMBERGER LTD P 2012-09-04 2015-09-21
HARRIS CORP P 2015-06-01 2015-07-24
MRC GLOBAL INC P 2013-12-06 2015-09-24
ECOLAB INC P 2014-12-03 2015-03-23
MICROSOFT CORP P 2014-12-12 2015-04-28
INVESCO LTD P 2015-06-15 2015-09-03
HENDERSON LD DEV P 2014-12-11 2015-07-20
MS&AD INS GRP P 2010-08-13 2015-08-21
DB CAP III P 2008-02-20 2015-06-16
MAXIMUS INC P 2015-09-16 2015-12-02
GASLOG LTD P 2014-08-11 2015-01-12
DANAHER CORP P 2010-05-20 2015-12-02
MASTERCARD INC CLASS A P 2011-12-15 2015-12-02
SIMON PPTY GRP INC NEW P 2012-05-01 2015-03-05
ORBITAL ATK INC P 2014-07-07 2015-02-13
NEWMARKET CORP P 2009-10-08 2015-05-11
FEDEX CORP P 2015-03-30 2015-09-21
MOHAWK INDUSTRIES INC P 2015-10-01 2015-12-18
TYCO INTL P 2014-12-15 2015-05-20
IMPALA PLATNM ADR P 2014-09-12 2015-08-13
MANPOWERGROUP INC P 2012-07-24 2015-06-29
PROSPECT CAP SR NT P 2012-09-26 2015-03-02
MCKESSON CORP P 2015-01-21 2015-12-02
ABBOTT LABORATORIES P 2011-12-02 2015-09-16
DIAGEO PLC NEW P 2011-12-16 2015-01-30
MICROSOFT CORP P 2012-07-12 2015-03-26
STARBUCKS CORP P 2012-12-21 2015-12-02
SUPERIOR ENERGY SVCS INC P 2015-02-19 2015-09-24
OLD DOMINION FREIGHT P 2013-03-25 2015-05-11
F5 NETWORKS P 2015-09-24 2015-12-29
NEWFIELD EXPLORATION P 2015-11-11 2015-12-21
NIELSEN NV P 2014-11-19 2015-04-15
JAPAN TOBACCO INC ADR P 2015-01-22 2015-08-20
MITSUBISHI TANABE PHARMA P 2013-05-13 2015-01-30
STIFEL FINL SR NT P 2012-01-18 2015-01-15
MICRON TECH INC P 2014-08-11 2015-03-18
ABBVIE INC P 2011-12-02 2015-11-30
EMC CORP MASS P 2013-01-29 2015-03-12
NATIONAL OILWELL VARCO P 2012-09-04 2015-01-12
TRANSDIGM GROUP INC P 2012-06-12 2015-12-02
USG CORP NEW P 2015-05-11 2015-09-24
ORBITAL ATK INC P 2013-07-26 2015-09-24
FOOT LOCKER INC P 2015-01-05 2015-05-11
NORFOLK SOUTHERN CORP P   2015-02-06
ALPHABET INC P   2015-11-13
TNT EXPRESS NV ADR P 2014-12-10 2015-04-13
NIPPON TEL&TEL SPONS P 2009-10-09 2015-09-10
US WEST COM P 2011-08-31 2015-10-16
MONSTER BEV CORP P 2015-06-18 2015-12-02
ALEXION PHARMS INC P 2012-08-21 2015-12-02
FACEBOOK INC CL A P 2014-04-02 2015-12-02
NORDSTROM INC P 2011-01-07 2015-06-05
TRINITY INDUSTRIES INC P 2013-12-16 2015-01-21
WADDELL & REED FINL P 2015-02-25 2015-09-24
PRICEMART INC P 2009-10-08 2015-09-24
GAP INC P 2014-10-22 2015-10-01
PFIZER INC P 2014-06-25 2015-01-13
AMERICAN EXPRESS CO P 2014-09-16 2015-10-28
TSB BKG GROUP P 2015-01-15 2015-03-20
ROHM COMPANY LTD P 2010-10-29 2015-11-02
ACUITY BRANDS INC P 2015-10-06 2015-12-02
MORGAN STANLEY P 2015-09-21 2015-11-30
ALPHABET INC A P 2011-01-26 2015-12-02
FOOTLOCKER INC P 2011-10-19 2015-12-02
OCCIDENTAL PETRO CORP P 2014-05-07 2015-06-18
VISA INC CLASS P 2012-09-04 2015-12-02
ADVENT SOFTWARE INC P 2013-03-25 2015-07-09
RITCHIE BROS AUCTIONEERS P 2013-03-25 2015-09-23
GENERAL DYNAMICS CORP P 2015-01-06 2015-11-03
POTASH CORP P 2015-03-17 2015-05-11
BANK AMERICA CORP P 2014-03-04 2015-11-23
VALLOUREC SA NEW P 2014-07-07 2015-05-26
SEKISUI HOUSE LTD P 2009-10-09 2015-08-25
ALIBABA GRP HLDG P 2015-05-21 2015-09-09
NETFLIX INC P 2015-11-30 2015-12-02
AMETEK INC NEW P 2011-02-10 2015-10-06
GARTNER INCORP P 2013-03-04 2015-12-02
ONEOK INC NEW P 2012-12-06 2015-01-12
WELLS FARGO & CO NEW P 2012-01-04 2015-12-02
ABLEMARLE CORP P 2013-09-13 2015-02-17
SERVICE CORP INTL P 2009-10-08 2015-09-24
(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 43,995   50,187 -6,192
b 74,252   76,641 -2,389
c 78,818   83,819 -5,001
d 37,319   24,108 13,211
e 6,505   7,165 -660
9,339   7,154 2,185
4,090   3,107 983
14,523   16,708 -2,185
70,995   24,078 46,917
24,931   14,621 10,310
22,926   12,520 10,406
28,610   19,691 8,919
2,206   1,030 1,176
595   129 466
20,217   22,386 -2,169
48,850   49,911 -1,061
44,734   52,489 -7,755
86,391   85,210 1,181
1,718   1,316 402
6,679   3,756 2,923
275   262 13
35,780   34,890 890
19,648   15,730 3,918
667   310 357
15,993   15,136 857
45,660   29,413 16,247
310   204 106
753   890 -137
43,032   53,209 -10,177
41,403   49,896 -8,493
89,219   80,232 8,987
49,583   63,089 -13,506
1,614   1,123 491
9,136   8,355 781
3,018   3,134 -116
1,817   1,748 69
20,711   10,914 9,797
37,908   23,539 14,369
10,536   10,823 -287
21,007   17,713 3,294
1,092   326 766
982   550 432
46,801   53,465 -6,664
56,184   51,852 4,332
42,252   52,988 -10,736
85,896   81,672 4,224
10,408   8,074 2,334
10,288   6,644 3,644
965   843 122
2,447   2,063 384
939   531 408
23,439   17,027 6,412
19,699   17,396 2,303
161,578   176,970 -15,392
941   708 233
551   311 240
104,326   100,628 3,698
74,787   87,446 -12,659
74,263   88,414 -14,151
55,782   44,447 11,335
3,552   15,937 -12,385
9,957   6,537 3,420
288   307 -19
1,885   2,216 -331
3,021   1,390 1,631
3,229   1,249 1,980
33,704   26,129 7,575
1,278   1,310 -32
1,480   868 612
128   154 -26
42,001   36,567 5,434
44,175   52,387 -8,212
51,896   50,486 1,410
87,913   79,620 8,293
4,461   8,279 -3,818
5,536   11,989 -6,453
884   1,283 -399
2,885   3,136 -251
7,596   2,184 5,412
2,512   1,599 913
36,013   15,627 20,386
2,159   2,225 -66
2,711   926 1,785
3,185   1,339 1,846
84,912   83,534 1,378
47,723   54,756 -7,033
58,281   54,324 3,957
76,106   60,070 16,036
5,109   11,329 -6,220
167,102   139,030 28,072
20,859   23,954 -3,095
29,446   34,589 -5,143
2,432   1,529 903
1,039   858 181
29,172   18,619 10,553
40   42 -2
902   793 109
24,321   16,972 7,349
52,975   51,289 1,686
86,900   77,715 9,185
104,059   104,335 -276
3,763   4,367 -604
2,310   1,988 322
250,000   257,305 -7,305
24,361   25,804 -1,443
1,762   1,295 467
5,174   2,820 2,354
20,077   13,698 6,379
15,049   9,059 5,990
54,043   38,661 15,382
1,889   2,307 -418
    20,576 -20,576
84,834   88,754 -3,920
40,495   52,366 -11,871
80,768   86,022 -5,254
4,558   3,220 1,338
6,837   8,186 -1,349
300,000   300,000  
2,711   2,075 636
29,565   25,411 4,154
1,777   1,080 697
30,787   18,120 12,667
733   711 22
18,058   17,734 324
1,262   3,335 -2,073
57,961   54,778 3,183
90,761   88,238 2,523
66,700   78,201 -11,501
3   2 1
7,420   5,626 1,794
326,617   304,200 22,417
3,278   3,594 -316
10,898   16,033 -5,135
3,903   1,653 2,250
5,478   2,058 3,420
17,925   14,159 3,766
58   59 -1
6,369   1,311 5,058
92,397   105,890 -13,493
50,373   49,187 1,186
51,324   52,983 -1,659
3,114   6,829 -3,715
2,237   849 1,388
253,445   259,228 -5,783
1,340   1,502 -162
20,620   12,203 8,417
17,433   12,474 4,959
39,097   27,549 11,548
4,742   2,047 2,695
408   637 -229
89,673   31,726 57,947
41,519   48,363 -6,844
39,728   51,504 -11,776
57,383   52,460 4,923
1,934   1,481 453
8,456   7,703 753
300,000   300,000  
21,347   23,270 -1,923
26,038   12,478 13,560
18,625   17,458 1,167
12,801   15,165 -2,364
1,189   419 770
3,144   3,107 37
3,389   2,501 888
59,308   53,752 5,556
113,512   110,474 3,038
69,068   54,276 14,792
5,496   5,221 275
8,599   4,843 3,756
16,125   16,048 77
2,345   2,006 339
1,781   1,013 768
4,101   2,453 1,648
16,492   8,932 7,560
14,575   14,935 -360
2,581   3,451 -870
2,217   523 1,694
38,130   50,195 -12,065
95,530   86,079 9,451
74,846   87,210 -12,364
13,989   12,046 1,943
3,114   4,011 -897
3,955   3,004 951
33,939   35,724 -1,785
3,131   1,240 1,891
4,208   1,323 2,885
15,091   17,734 -2,643
2,801   1,124 1,677
34,161   13,005 21,156
16,237   12,145 4,092
57,345   52,681 4,664
51,220   52,303 -1,083
90,804   85,769 5,035
3,572   7,373 -3,801
1,827   1,081 746
24,445   38,255 -13,810
3,659   3,454 205
30,783   16,730 14,053
3,336   1,884 1,452
9,747   9,104 643
1,831   941 890
39,955   38,798 1,157
24,071   6,285 17,786
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       -6,192
b       -2,389
c       -5,001
d       13,211
e       -660
      2,185
      983
      -2,185
      46,917
      10,310
      10,406
      8,919
      1,176
      466
      -2,169
      -1,061
      -7,755
      1,181
      402
      2,923
      13
      890
      3,918
      357
      857
      16,247
      106
      -137
      -10,177
      -8,493
      8,987
      -13,506
      491
      781
      -116
      69
      9,797
      14,369
      -287
      3,294
      766
      432
      -6,664
      4,332
      -10,736
      4,224
      2,334
      3,644
      122
      384
      408
      6,412
      2,303
      -15,392
      233
      240
      3,698
      -12,659
      -14,151
      11,335
      -12,385
      3,420
      -19
      -331
      1,631
      1,980
      7,575
      -32
      612
      -26
      5,434
      -8,212
      1,410
      8,293
      -3,818
      -6,453
      -399
      -251
      5,412
      913
      20,386
      -66
      1,785
      1,846
      1,378
      -7,033
      3,957
      16,036
      -6,220
      28,072
      -3,095
      -5,143
      903
      181
      10,553
      -2
      109
      7,349
      1,686
      9,185
      -276
      -604
      322
      -7,305
      -1,443
      467
      2,354
      6,379
      5,990
      15,382
      -418
      -20,576
      -3,920
      -11,871
      -5,254
      1,338
      -1,349
       
      636
      4,154
      697
      12,667
      22
      324
      -2,073
      3,183
      2,523
      -11,501
      1
      1,794
      22,417
      -316
      -5,135
      2,250
      3,420
      3,766
      -1
      5,058
      -13,493
      1,186
      -1,659
      -3,715
      1,388
      -5,783
      -162
      8,417
      4,959
      11,548
      2,695
      -229
      57,947
      -6,844
      -11,776
      4,923
      453
      753
       
      -1,923
      13,560
      1,167
      -2,364
      770
      37
      888
      5,556
      3,038
      14,792
      275
      3,756
      77
      339
      768
      1,648
      7,560
      -360
      -870
      1,694
      -12,065
      9,451
      -12,364
      1,943
      -897
      951
      -1,785
      1,891
      2,885
      -2,643
      1,677
      21,156
      4,092
      4,664
      -1,083
      5,035
      -3,801
      746
      -13,810
      205
      14,053
      1,452
      643
      890
      1,157
      17,786
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 2 333,360
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 -112,901
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 833,172 16,599,172 0.050194
2013 538,471 15,645,104 0.034418
2012 520,664 14,309,797 0.036385
2011 492,351 13,499,007 0.036473
2010 476,876 12,554,110 0.037986
2
Total of line 1, column (d) .....................
20.195456
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years . . .
3
0.039091
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
15,602,017
5
Multiply line 4 by line 3......................
5
609,898
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
8,462
7
Add lines 5 and 6........................
7
618,360
8
Enter qualifying distributions from Part XII, line 4.............
8
756,304
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 8,462
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 8,462
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 8,462
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 13,600
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 13,600
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 5,138
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet5,138 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)
    bullet
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletHARKER MELLINGER CPAS LLC Telephone no.bullet (307) 672-0785

    Located atbullet1470 SUGARLAND DRIVE STE 1SHERIDANWY ZIP+4bullet82801
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    STEVEN C HARKER ASST TREASUR
    1.00     		4,800 0 0
    2020 SUMMIT DRIVE
    SHERIDAN,WY82801
    RICHARD KILPATRICK ASST SECRETA
    1.00     		4,800 0 0
    114 SCOTT DRIVE
    SHERIDAN,WY82801
    ARTHUR FELKER PRESIDENT
    2.00     		6,000 0 0
    1305 GAGE PLACE
    SHERIDAN,WY82801
    RONALD J DESTEFANO PROPERTY MGR
    1.00     		4,800 0 0
    1110 ABSARAKA
    SHERIDAN,WY82801
    ROMAN SKATULA TREASURER
    6.00     		6,000 0 0
    222 2ND WEST PARKWAY
    SHERIDAN,WY82801
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    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 N/A  
    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
    14,952,956
    b
    Average of monthly cash balances.......................
    1b
    886,655
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    15,839,611
    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
    15,839,611
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    237,594
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    15,602,017
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    780,101
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    780,101
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    8,462
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,462
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    771,639
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    771,639
    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
    771,639
    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
    756,304
    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
     
    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
    756,304
    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
    8,462
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    747,842
    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 7 771,639
    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......  
    e From 2014...... 29,655
    fTotal of lines 3a through e........ 29,655
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 756,304
    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..... 756,304
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2015. 15,335 15,335
    (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 14,320
    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 ......     		14,320
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014.... 14,320
    e Excess from 2015....  
    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:
    GRIFFITH FOUNDATION
    ROMAN SKATULA
    2 NO MAIN STREET SUITE 401
    SHERIDAN,WY82801
    (307) 672-3535
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER FORMAT TO THE GRIFFITH FOUNDATION BOARD OF TRUSTEES
    cAny submission deadlines:
    THERE ARE NO SPECIFIC DEADLINES
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ALL AWARDS AND GRANTS ARE AT THE TOTAL DISCRETION OF THE BOARD OF TRUSTEES
    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
    FREE CLINIC
    PO BOX 682
    SHERIDAN,WY82801     		NONE PUBLIC SUPPORT PROVIDING FREE HEALTH CARE 10,000
    GIRL SCOUTS
    244 NORTH MAIN
    SHERIDAN,WY82801     		NONE PUBLIC SUPPORT GIRL SCOUT PROGRAM 5,000
    YOUTH INC
    C/O T SMITH
    31 WAGON BOX
    STORY,WY82801     		NONE PUBLIC SUPPORT YOUTH CAMPING 10,000
    ST PETERS EPISCOPAL CHURCH
    1 S TSCIGRI
    SHERIDAN,WY82801     		NONE CHURCH SUPPORT CHURCH ACTIVITES 25,000
    SHERIDAN COUNTY SENIOR CENTER
    211 SMITH
    SHERIDAN,WY82801     		NONE 501(C)(3) SUPPORT COMMUNITY SENIOR CENTER 75,000
    SHERIDAN COLLEGE
    3059 COFFEEN AVE
    SHERIDAN,WY82801     		NONE PUBLIC SUPPORT FOR SCHOOL FUNCTIONS 385,000
    SHERIDAN MEMORIAL HOSPITAL
    1404 WEST 5TH
    SHERIDAN,WY82801     		NONE HOSPITAL SUPPORT HOSPITAL FUNCTIONS 200,000
    SHERIDAN ON SKATES
    475 E BRUNDAGE ST
    SHERIDAN,WY82801     		NONE PUBLIC SUPPORT COMMUNITY RECREATION 10,000
    SCHS MUSEUM
    850 SIBLEY CIRCLE
    SHERIDAN,WY82801     		NON PUBLIC SUPPORT MUSEUM ACTIVITIES 5,000
    Total .................................bullet 3a 725,000
    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 ...........     		    14 189  
    4 Dividends and interest from securities....     14 606,464  
    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.....     16 150  
    8
    Gain or (loss) from sales of assets other than inventory ............     		        333,360
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aMISCELLANEOUS INCOME     		        12
    bOTHER INVESTMENT INCOME     14 -52,552  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   554,251 333,372
    13Total. Add line 12, columns (b), (d), and (e)..................
    13887,623
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    VERNON & ROWENA GRIFFITH FOUNDATION
    EIN:
    23-7135835
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 5,100 3,825   1,275

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    VERNON & ROWENA GRIFFITH FOUNDATION
    EIN:
    23-7135835
    Name of Stock End of Year Book Value End of Year Fair Market Value
      14,411,240 13,797,848

    TY 2015 LandEtcSchedule2
    Name:
    VERNON & ROWENA GRIFFITH FOUNDATION
    EIN:
    23-7135835
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
      25,853 25,853    


    TY 2015 LegalFeesSchedule
    Name:
    VERNON & ROWENA GRIFFITH FOUNDATION
    EIN:
    23-7135835
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT LEGAL FEES 502 377   125


    TY 2015 OtherAssetsSchedule
    Name:
    VERNON & ROWENA GRIFFITH FOUNDATION
    EIN:
    23-7135835
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    5TH STREET LAND 1 1  
    BRANDS 100 100 100
    MINERAL RIGHTS 87,278 87,278 172,500
    PICTURES 839 839 839
    ROUNDING 1 1  


    TY 2015 OtherExpensesSchedule
    Name:
    VERNON & ROWENA GRIFFITH FOUNDATION
    EIN:
    23-7135835
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INSURANCE 856 642   214
    MISCELLANEOUS 64 48   16
    SECRETARIAL SERVICES 1,300 975   325
    SUPPLIES 128 96   32
    TELEPHONE 144 108   36
    LICENSES AND PERMITS 25 19   6
    OFFICE SUPPLIES 108 81   27
    MEMORIALS 100 75   25


    TY 2015 OtherIncomeSchedule2
    Name:
    VERNON & ROWENA GRIFFITH FOUNDATION
    EIN:
    23-7135835
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LAMAR SIGN LEASE 150 150  
    MISCELLANEOUS INCOME 12    
    OTHER INVESTMENT INCOME -52,552    


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    VERNON & ROWENA GRIFFITH FOUNDATION
    EIN:
    23-7135835
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEE - STIFEL NICOLAUS 79,418 59,563   19,855


    TY 2015 TaxesSchedule
    Name:
    VERNON & ROWENA GRIFFITH FOUNDATION
    EIN:
    23-7135835
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 4,797 3,598   1,199
    FEDERAL EXCISE TAXES 8,462