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
BEAVERDALE FOUNDATION
C/O TEX HULL
Number and street (or P.O. box number if mail is not delivered to street address)910 SOUTH MICHIGAN AVENUE No 1703
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60605
A Employer identification number

52-7073398
B Telephone number (see instructions)

(952) 476-1393
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$4,719,508
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 119,420 119,420  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 106,066
b Gross sales price for all assets on line 6a 2,807,261
7 Capital gain net income (from Part IV, line 2)... 106,066
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)....... 9,770 9,770  
12 Total. Add lines 1 through 11........ 235,256 235,256  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 3,750 1,875   1,875
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 4,857 4,857   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 50,507 50,507   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 59,114 57,239   1,875
25 Contributions, gifts, grants paid....... 230,000 230,000
26 Total expenses and disbursements. Add lines 24 and 25 289,114 57,239   231,875
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -53,858
b Net investment income (if negative, enter -0-) 178,017
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.............      
2 Savings and temporary cash investments......... 110,317 44,823 44,823
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) 102,155 Click to see attachment599,611 599,611
b Investments—corporate stock (attach schedule)....... 4,280,252 Click to see attachment3,816,413 3,816,413
c Investments—corporate bonds (attach schedule)....... 196,202 Click to see attachment51,978 51,978
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 439,578 Click to see attachment206,683 206,683
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,128,504 4,719,508 4,719,508
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 5,128,504 4,719,508
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)..... 5,128,504 4,719,508
31 Total liabilities and net assets/fund balances (see instructions). 5,128,504 4,719,508
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
5,128,504
2
Enter amount from Part I, line 27a .....................
2
-53,858
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
5,074,646
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
355,138
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
4,719,508
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 BRANDES EMERGING MRKTS 2984.52 SHARES P 2014-11-17 2015-02-03
b BRANDES EMERGING MRKTS 7850.21 SHARES P 2014-06-05 2015-02-03
c BRANDES EMERGING MRKTS 2831.31 SHARES P 2014-11-17 2015-03-31
d CAPITAL GAINS DIVIDENDS P    
e BRANDES EMERGING MRKTS 11570.56 SHARES P 2014-11-17 2015-07-17
CHEVRON CORP 110 SHARES P 2015-04-20 2015-11-06
DENTSPLY INTL INC COM 95 SHARES P 2015-07-17 2015-12-04
GNC HOLDINGS INC 64 SHARES P 2014-02-14 2015-02-03
GEOSPACE TECHNOLOGIES CORP 28 SHARES P 2014-11-26 2015-02-03
GEOSPACE TECHNOLOGIES CORP 70 SHARES P 2014-11-26 2015-03-31
GEOSPACE TECHNOLOGIES CORP 9 SHARES P 2014-11-26 2015-10-09
GEOSPACE TECHNOLOGIES CORP 109 SHARES P 2014-11-26 2015-10-09
GEOSPACE TECHNOLOGIES CORP 64 SHARES P 2015-07-17 2015-10-09
GLOBAL PMTS INC W/I 146 SHARES P 2015-07-17 2015-12-14
GOOGLE INC -CL C .21 SHARES P 2014-07-25 2015-05-06
ISHARES DOW JONES SELECT DIVIDEND FD 151 SHARES P 2015-05-26 2015-12-18
ISHARES DOW JONES SELECT DIVIDEND FD 101 SHARES P 2015-04-20 2015-12-18
ISHARES BARCLAYS 1-3 YR TREAS BOND 245 SHARES P 2015-07-17 2015-11-25
ISHARES MSCI EAFE 311 SHARES P 2015-03-31 2015-10-21
MASTEC INC COM 322 SHARES P 2014-11-17 2015-03-31
MATTEL INC 648 SHARES P 2014-10-07 2015-07-17
MAXLINEAR INC 638 SHARES P 2014-07-14 2015-03-31
MEDNAX INC 122 SHARES P 2015-07-17 2015-07-28
NEUSTAR INC 237 SHARES P 2014-06-20 2015-03-31
OIL STATES INTERNATIONAL INC 65 SHARES P 2014-11-17 2015-03-31
ON ASSIGNMENT INC COM 308 SHARES P 2014-10-07 2015-03-31
PRA GROUP INC 165 SHARES P 2014-07-29 2015-03-31
POLARIS INDS INC COM 182 SHARES P 2015-02-18 2015-12-01
SPDR S&P 500 ETF TRUST 31 SHARES P 2014-12-12 2015-04-10
SOUTH32-ADR-W/I 277.6 SHARES P 2015-05-29 2015-12-01
STATOIL ASA ADR 1934 SHARES P 2014-12-22 2015-12-01
TCF FINANCIAL 272 SHARES P 2014-04-24 2015-03-31
E-TRACS ALERIAN MLP INFRASTRUCTURE 957 SHARES P 2014-06-05 2015-06-03
VANGUARD INTERNATIONAL TERM B 6690 SHARES P 2015-03-31 2015-09-28
VODAFONE GROUP PLC-SP ADR 372 SHARES P 2014-05-28 2015-05-26
WISDOMTREE JAPAN HEDGED 61 SHARES P 2015-07-17 2015-12-18
WISDOMTREE INTL HEDGED EQ FD 455 SHARES P 2015-06-03 2015-12-18
KOMATSU JPY 50.0 179 SHARES P 2015-01-08 2015-09-07
ABB LTD 183 SHARES P 2013-07-24 2015-07-22
AIR METHODS CORP PAR $.06 184 SHARES P 2013-09-12 2015-03-31
BHP BILLITON LIMITED 45 SHARES P 2013-07-24 2015-12-01
CNO FINANCIAL GROUP INC 528 SHARES P 2014-01-17 2015-03-31
CSG SYS INTL INC COM 307 SHARES P 2014-01-14 2015-03-11
CAPITAL ONE FINANCIAL CORP 10 SHARES P 2013-06-18 2015-07-17
DANONE ADR 2171 SHARES P 2013-06-21 2015-12-18
GNC HOLDINGS INC 8 SHARES P 2014-02-14 2015-03-31
GENTHERM INC 199 SHARES P 2013-06-10 2015-03-31
HSBC - ADR 107 SHARES P 2013-07-24 2015-06-30
IRIDIUM COMMUNICATIONS INC 945 SHARES P 2013-04-18 2015-03-31
ISHARES INC MSCI EMU INDEX FD 5815 SHARES P 2013-12-31 2015-12-18
ISHARES DOW JONES SELECT DIVIDEND FD 359 SHARES P 2014-01-19 2015-12-18
ISHARES MSCI EX-JAPAN IN FD 99 SHARES P 2013-07-24 2015-07-17
MATTEL INC 750 SHARES P 2013-12-02 2015-07-17
MCDONALDS CORP 122 SHARES P 2014-08-13 2015-09-23
PRECISION CASTPARTS CORP 28 SHARES P 2014-06-16 2015-12-07
SPDR DJ WILSHIRE INTERNATIONAL REAL 2637 SHARES P 2013-07-24 2015-12-18
TAIWAN SEMICONDUCTOR MFG-ADR 210 SHARES P 2013-07-24 2015-07-22
TELEFONICA SA ADR RIGHTS DE 107 SHARES P 2013-07-24 2015-04-20
TELEFONICA SA - ADR 107 SHARES P 2013-07-24 2015-07-01
E-TRACS ALERIAN MLP INFRASTRUCTURE 2697 SHARES P 2014-03-04 2015-12-18
UNILEVER PLC - ADR 143 SHARES P 2013-11-29 2015-04-20
WISDOMTREE JAPAN HEDGED 466 SHARES P 2013-05-01 2015-12-18
KOMATSU JPY 50.0 176 SHARES P 2013-07-25 2015-09-07
INDIVIOR PLC ORD NPV 763 SHARES P 2013-07-25 2015-01-07
ABB LTD 1570 SHARES P 2012-11-29 2015-12-01
ALLISON TRANSMISSION HOLDINGS 294 SHARES P 2012-10-02 2015-03-31
AMERICAN EXPRESS COMPANY 376 SHARES P 2010-08-18 2015-02-18
APACHE CORPORATION COM 280 SHARES P 2009-05-27 2015-07-31
BHP BILLITON LIMITED 649 SHARES P 2010-08-23 2015-12-01
CSX CORP 840 SHARES P 2012-11-29 2015-07-17
CAPITAL ONE FINANCIAL CORP 483 SHARES P 2012-11-29 2015-07-17
CHEVRON CORP 189 SHARES P 2012-11-29 2015-11-06
COLGATE PALMOLIVE CO 147 SHARES P 2012-11-29 2015-04-20
DENTSPLY INTL INC COM 347 SHARES P 2010-12-07 2015-12-04
FMC TECHNOLOGIES INC 506 SHARES P 2009-05-27 2015-12-18
VR FED NATL MTG ASSN 1.000% 50000 SHARES P 2012-09-06 2015-04-03
GNC HOLDINGS INC 153 SHARES P 2013-01-23 2015-03-31
GENTEX CORP 830 SHARES P 2012-11-29 2015-03-31
GLOBAL PMTS INC W/I 410 SHARES P 2010-05-17 2015-12-14
GOLDMAN SACHS GROUP INC 205 SHARES P 2012-11-29 2015-07-17
GRACO INC 115 SHARES P 2011-10-04 2015-03-31
HSBC - ADR 977 SHARES P 2004-10-26 2015-06-30
ILLINOIS TOOL WORKS INC 175 SHARES P 2012-11-29 2015-07-22
IRIDIUM COMMUNICATIONS INC 210 SHARES P 2013-04-17 2015-03-31
ISHARES MSCI EX-JAPAN IN FD 849 SHARES P 2010-08-24 2015-07-17
JPMORGAN CHASE & CO 974 SHARES P 2012-05-29 2015-07-17
MASTEC INC COM 53 SHARES P 2012-12-07 2015-03-31
MCDONALDS CORP 288 SHARES P 2012-11-29 2015-09-23
MEDNAX INC 208 SHARES P 2012-02-23 2015-03-31
NEUSTAR INC 133 SHARES P 2012-11-29 2015-03-31
NIKE INC CL B 58 SHARES P 2012-11-29 2015-05-21
OIL STATES INTERNATIONAL INC 32 SHARES P 2012-11-29 2015-03-31
ORBITAL SCIENCES CORP 96 SHARES P 2012-11-29 2015-02-03
ORBITAL ATK INC 110.11 SHARES P 2009-11-02 2015-03-31
PNC FINANCIAL SERVICES GROUP 773 SHARES P 2012-11-29 2015-07-17
PAYCHEX INC 200 SHARES P 2012-11-29 2015-07-22
PRECISION CASTPARTS CORP 105 SHARES P 2010-03-26 2015-12-07
SELECT COMFORT CORPORATION 275 SHARES P 2013-03-26 2015-03-31
SPECTRUM BRANDS HOLDINGS INC 108 SHARES P 2012-10-08 2015-03-31
STARWOOD HOTELS & RESORTS WORLDWIDE 357 SHARES P 2012-11-29 2015-02-09
STEEL DYNAMICS INC COM 472 SHARES P 2012-11-29 2015-03-31
SYNTEL INC 216 SHARES P 2013-01-29 2015-03-31
TCF FINANCIAL 320 SHARES P 2012-11-29 2015-03-31
TAIWAN SEMICONDUCTOR MFG - ADR 1482 SHARES P 2012-11-29 2015-07-22
TELEFONICA SA ADR RIGHTS DE 4/30/15 1953 SHARES P 2007-03-26 2015-04-20
TELEFONICA SA - ADR 1953 SHARES P 2000-10-05 2015-07-01
TEMPLETON GLOBAL BOND FD-ADV 616 8353.53 SHARES P 2013-02-21 2015-04-14
TUPPERWARE BRANDS CORPORATION 85 SHARES P 2012-12-20 2015-03-31
UNITED PARCEL SERVICE - CL B P 2012-10-31 2015-07-17
UNITED TECHNOLOGIES CORP 100 SHARES P 2012-11-29 2015-07-22
VCA ANTECH INC 237 SHARES P 2012-11-29 2015-03-31
VERIZON COMMUNICATIONS P 2014-02-25 2015-12-18
WALMART STORES INC 72 SHARES P 2013-03-13 2015-04-20
WEX INC 86 SHARES P 1952-11-29 2015-03-31
ZEBRA TECHNOLOGIES CORP CL A 180 SHARES P 2000-12-13 2015-03-31
KOMATSU JPY 50.0 1927 SHARES P 2012-11-30 2015-09-07
INDIVIOR PLC ORD NPV 392 SHARES P 2003-02-04 2015-01-07
(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 23,876   26,950 -3,074
b 62,802   79,680 -16,878
c 21,575   25,567 -3,992
d 10,228     10,228
e 85,391   104,482 -19,091
10,160   12,246 -2,086
5,971   4,979 992
2,692   2,927 -235
769   790 -21
1,141   1,974 -833
138   254 -116
1,670   3,073 -1,403
981   1,116 -135
10,237   7,853 2,384
116   123 -7
11,356   11,809 -453
7,596   8,019 -423
20,765   20,748 38
18,943   19,955 -1,012
6,378   8,070 -1,692
16,660   19,955 -3,295
5,189   6,780 -805
9,732   9,505 227
5,737   5,888 -151
2,724   3,622 -898
11,679   8,181 3,498
8,828   9,840 -1,012
19,217   28,353 -9,136
6,499   6,273 226
1,178   2,498 -1,320
29,892   35,158 -5,266
4,212   4,443 -231
36,371   40,912 -4,541
565,428   579,420 -13,992
14,341   13,046 1,295
3,223   3,539 -316
26,502   29,677 -3,175
2,901   3,864 -963
3,726   4,187 -461
8,334   7,683 651
1,218   2,866 -1,648
8,941   9,639 -698
8,799   9,217 -418
905   621 284
29,004   32,701 -3,697
392   366 26
9,277   3,609 5,668
4,834   6,029 -1,195
8,769   6,363 2,406
204,591   231,874 -27,283
26,999   28,113 -1,114
6,102   5,622 480
19,282   32,133 -12,851
11,887   11,488 399
6,495   7,438 -943
104,625   110,634 -6,009
4,644   3,597 1,047
17     17
1,525   1,455 70
79,695   105,964 -1,413
6,389   5,804 585
24,623   22,739 1,884
2,852   4,197 -1,345
1,703   1,244 459
30,575   27,349 3,226
9,383   6,065 3,318
29,907   16,244 13,663
12,976   21,736 -8,760
17,560   34,333 -16,773
27,022   16,649 10,373
43,706   27,922 15,784
17,457   19,991 -2,534
10,078   7,932 2,146
19,938   12,417 7,521
14,548   15,674 -1,126
50,000   50,000 0
7,500   5,716 1,784
14,914   7,218 7,696
31,254   11,136 20,118
43,199   23,220 19,979
8,234   5,291 2,943
44,136   48,373 -4,237
15,720   10,328 5,392
2,016   1,413 603
52,331   49,175 3,156
67,516   40,828 26,688
1,041   1,253 -212
28,062   20,275 7,787
14,815   7,690 7,125
3,583   5,361 -1,778
6,063   2,887 3,176
1,270   1,261 9
2,643   1,266 1,377
8,453   3,201 5,252
76,363   46,335 30,028
9,455   6,486 2,969
24,355   16,122 8,233
9,178   5,235 3,943
9,771   4,861 4,910
25,331   16,847 8,484
9,121   6,070 3,051
10,710   6,117 4,593
5,024   3,767 1,257
32,773   25,386 7,387
311     311
27,837   27,988 -151
104,084   111,854 -7,770
5,928   5,463 465
53,323   41,661 11,662
10,189   7,975 2,214
12,730   4,912 7,818
23,579   24,827 -1,248
5,644   5,316 328
8,971   4,732 4,239
15,852   5,311 10,541
31,231   40,004 -8,773
875   233 642
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       -3,074
b       -16,878
c       -3,992
d       10,228
e       -19,091
      -2,086
      992
      -235
      -21
      -833
      -116
      -1,403
      -135
      2,384
      -7
      -453
      -423
      38
      -1,012
      -1,692
      -3,295
      -805
      227
      -151
      -898
      3,498
      -1,012
      -9,136
      226
      -1,320
      -5,266
      -231
      -4,541
      -13,992
      1,295
      -316
      -3,175
      -963
      -461
      651
      -1,648
      -698
      -418
      284
      -3,697
      26
      5,668
      -1,195
      2,406
      -27,283
      -1,114
      480
      -12,851
      399
      -943
      -6,009
      1,047
      17
      70
      -1,413
      585
      1,884
      -1,345
      459
      3,226
      3,318
      13,663
      -8,760
      -16,773
      10,373
      15,784
      -2,534
      2,146
      7,521
      -1,126
      0
      1,784
      7,696
      20,118
      19,979
      2,943
      -4,237
      5,392
      603
      3,156
      26,688
      -212
      7,787
      7,125
      -1,778
      3,176
      9
      1,377
      5,252
      30,028
      2,969
      8,233
      3,943
      4,910
      8,484
      3,051
      4,593
      1,257
      7,387
      311
      -151
      -7,770
      465
      11,662
      2,214
      7,818
      -1,248
      328
      4,239
      10,541
      -8,773
      642
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 2 106,066
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 241,425 5,309,346 0.045472
2013 232,562 5,036,033 0.046180
2012 76,650 2,070,270 0.037024
2011 86,085 1,610,030 0.053468
2010 85,842 1,526,983 0.056217
2
Total of line 1, column (d) .....................
20.238361
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
0.047672
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
5,008,831
5
Multiply line 4 by line 3......................
5
238,781
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,780
7
Add lines 5 and 6........................
7
240,561
8
Enter qualifying distributions from Part XII, line 4.............
8
231,875
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 3,560
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 3,560
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,560
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 3,161
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,161
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 9 399
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMN
    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 ofbulletTHE FOUNDATION CO TEX HULL Telephone no.bullet (952) 476-1393

    Located atbullet910 SOUTH MICHIGAN AVENUE SUITE1703CHICAGOIL ZIP+4bullet60605
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ANNE DALRYMPLE HULL BOARD OF DIRECTOR
    1.00
    0 0 0
    163 WAYZATA BLVD WEST
    WAYZATA,MN55391
    CHARLES HADLAI HULL BOARD OF DIRECTOR
    1.00
    0 0 0
    910 SOUTH MICHIGAN AVE APT 1703
    CHICAGO,IL60605
    JOHN DALRYMPLE HULL BOARD OF DIRECTOR
    1.00
    0 0 0
    166 FULLER STREET APT 3
    BROOKLINE,MA02146
    THOMAS STODDARD HULL BOARD OF DIRECTOR
    1.00
    0 0 0
    459 S FERNDALE ROAD
    WAYZATA,MN55391
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    5,037,715
    b
    Average of monthly cash balances.......................
    1b
    47,393
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,085,108
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    5,085,108
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    76,277
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,008,831
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    250,442
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    250,442
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    3,560
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,560
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    246,882
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    246,882
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    246,882
    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
    231,875
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    231,875
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    231,875
    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 7 246,882
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011...... 25,065
    c From 2012...... 44,837
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........ 69,902
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 231,875
    a Applied to 2014, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    Click to see attachment0
    d Applied to 2015 distributable amount..... 231,875
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 15,007 15,007
    (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 54,895
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......
    54,895
    10 Analysis of line 9:
    a Excess from 2011.... 10,058
    b Excess from 2012.... 44,837
    c Excess from 2013....  
    d Excess from 2014....  
    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 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
    BEYOND THE WALLS
    725 OLIVE AVE NORTH
    PLYMOUTH,MN55447
    NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    CAPITAL AREA FOOD BANK
    4900 PUERTO RICO AVENUE NORTHEAST
    WASHINGTON,DC20017
    NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    GREATER BOSTON FOOD BANK
    70 SOUTH BAY AVENUE
    BOSTON,MA02118
    NONE PUBLIC CHARITY GENERAL OPERATIONS 10,000
    GREATER CHICAGO FOOD DEPOSITORY
    4100 WEST ANN LURIE PLACE
    CHICAGO,IL60632
    NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    GREEN DOOR
    1221 TAYLOR STREET NORTHWEST
    WASHINGTON,DC20011
    NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    MINNETONKA ART CENTER
    2240 NORTH SHORE DRIVE
    WAYZATA,MN553919127
    NONE PUBLIC CHARITY GENERAL OPERATIONS 60,000
    PLANNED PARENTHOOD OF ILLINOIS
    18 SOUTH MICHIGAN AVE 6TH FLOOR
    CHICAGO,IL60603
    NONE PUBLIC CHARITY GENERAL OPERATIONS 30,000
    PLANNED PARENTHOOD OF METROPOLITAN WASH DC
    1108 16TH STREET NW
    WASHINGTON,DC20036
    NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    PLANNED PARENTHOOD OF MINNESOTA
    671 VANDALIA STREET
    STPAUL,MN55114
    NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    SECOND HARVEST HEARTLAND
    1140 GERVAIS AVENUE
    STPAUL,MN551092020
    NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    THE CONSERVATION FUND
    1655 NORTH FT MYER DRIVE SUITE 1300
    ARLINGTON,VA22209
    NONE PUBLIC CHARITY GENERAL OPERATIONS 50,000
    TWIN CITIES PUBLIC TV
    172 EAST FOURTH STREET
    STPAUL,MN55101
    NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    WASHINGTON ANIMAL RESCUE LEAGUE
    71 OGLETHORPE STREET NORTHWEST
    WASHINGTON,DC20011
    NONE PUBLIC CHARITY GENERAL OPERATIONSGENERAL OPERATIONS 5,000
    WOMEN'S FOUNDATION OF MINNESOTA
    105 5TH AVE SOUTH
    MINNEAPOLIS,MN55401
    NONE PUBLIC CHARITY GENERAL OPERATIONSGENERAL OPERATIONS 10,000
    CHILDREN'S LAW CENTER
    616 H STREET NORTHWEST SUITE 300
    WASHINGTON,DC20001
    NONE PUBLIC CHARITY GENERAL OPERATIONSGENERAL OPERATIONS 5,000
    MINNESOTA ORCHESTRA
    1111 NICOLLET MALL
    MINNEAPOLIS,MN55403
    NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    MINNESOTA CHILDREN'S MUSEUM
    10 WEST SEVENTH STREET
    STPAUL,MN55102
    NONE PUBLIC CHARITY GENERAL OPERATIONS 10,000
    REBUILD TOGETHER TWIN CITIES
    1050 33RD AVE SE
    MINNEAPOLIS,MN55414
    NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    Total .................................bullet 3a 230,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........
             
    4 Dividends and interest from securities....     14 119,420  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property
             
    7 Other investment income.....     14 9,770  
    8
    Gain or (loss) from sales of assets other than inventory ............
        18 106,066  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 235,256 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13235,256
    (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:
    BEAVERDALE FOUNDATION
     
    C/O TEX HULL
    EIN:
    52-7073398
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION 3,750 1,875   1,875

    TY 2015 DistributionFromCorpusElection
    Name:
    BEAVERDALE FOUNDATION
     
    C/O TEX HULL
    EIN:
    52-7073398
    Election:
    THE FOUNDATION IS MAKING AN ELECTION UNDER I.T. REGULATION 53.4942(A)-3(D)(2) TO TREAT $44,837 OF EXCESS QUALIFYING DISTRIBUTIONS MADE IN 2012 AS DISTRIBUTIONS OUT OF CORPUS.

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    BEAVERDALE FOUNDATION
     
    C/O TEX HULL
    EIN:
    52-7073398
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 51,978 51,978

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    BEAVERDALE FOUNDATION
     
    C/O TEX HULL
    EIN:
    52-7073398
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQUITIES 3,816,413 3,816,413

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    BEAVERDALE FOUNDATION
     
    C/O TEX HULL
    EIN:
    52-7073398
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

    0
    State & Local Government Securities - End of Year Book Value:


    599,611
    State & Local Government Securities - End of Year Fair Market Value:


    599,611


    TY 2015 InvestmentsOtherSchedule2
    Name:
    BEAVERDALE FOUNDATION
     
    C/O TEX HULL
    EIN:
    52-7073398
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    REAL ASSETS FUNDS AT COST 206,683 206,683

    TY 2015 OtherDecreasesSchedule
    Name:
    BEAVERDALE FOUNDATION
     
    C/O TEX HULL
    EIN:
    52-7073398
    Description Amount
    UNREALIZED LOSS ON INVESTMENTS 355,138


    TY 2015 OtherExpensesSchedule
    Name:
    BEAVERDALE FOUNDATION
     
    C/O TEX HULL
    EIN:
    52-7073398
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRUSTEE EXECUTOR FEES 50,198 50,198   0
    MISCELLANEOUS FEES 309 309   0


    TY 2015 OtherIncomeSchedule2
    Name:
    BEAVERDALE FOUNDATION
     
    C/O TEX HULL
    EIN:
    52-7073398
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ABOTT DOWNING OTHER INCOME-11174100 9,770 9,770 9,770


    TY 2015 TaxesSchedule
    Name:
    BEAVERDALE FOUNDATION
     
    C/O TEX HULL
    EIN:
    52-7073398
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 4,857 4,857   0