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
ISELI FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)14917 SE 142ND AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CLACKAMAS, OR970157374
A Employer identification number

95-2560782
B Telephone number (see instructions)

(503) 558-0268
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$818,208J 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 48 48  
4 Dividends and interest from securities... 11,668 11,668  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 102,431
b Gross sales price for all assets on line 6a 677,188
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 114,147 11,716  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 4,750      
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 59 309   -1,000
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,809 309   -1,000
25 Contributions, gifts, grants paid....... 79,000 79,000
26 Total expenses and disbursements. Add lines 24 and 25 83,809 309   78,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 30,338
b Net investment income (if negative, enter -0-) 11,407
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............. 14,252 5,746 5,752
2 Savings and temporary cash investments......... 2,731 3,520 3,520
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,946,648 Click to see attachment1,969,703 808,936
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment155,811 Click to see attachment170,811  
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,119,442 2,149,780 818,208
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..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 2,119,442 2,149,780
30 Total net assets or fund balances (see instructions)..... 2,119,442 2,149,780
31 Total liabilities and net assets/fund balances (see instructions). 2,119,442 2,149,780
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
2,119,442
2
Enter amount from Part I, line 27a .....................
2
30,338
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
2,149,780
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
2,149,780
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.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
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 69,725 1,420,419 0.049088
2013 57,500 1,428,826 0.040243
2012 97,616 1,515,925 0.064394
2011 80,088 1,730,170 0.046289
2010 66,495 1,639,032 0.040570
2
Total of line 1, column (d) .....................
20.240584
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
0.048117
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
1,153,066
5
Multiply line 4 by line 3......................
5
55,482
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
114
7
Add lines 5 and 6........................
7
55,596
8
Enter qualifying distributions from Part XII, line 4.............
8
78,000
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 1 114
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........................... 3 114
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- ..... 5 114
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 498
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.............. 7 498
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 10 384
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet384 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
 
 
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)
    bulletOR, CA
    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 ofbulletANDRE' ISELI Telephone no.bullet (503) 558-0268

    Located atbullet14917 SE 142ND AVENUECLACKAMASOR ZIP+4bullet970157374
    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
    ANDRE' ISELI PRESIDENT
    10.00     		0 0 0
    14917 SE 142ND AVENUE
    CLACKAMAS,OR97015
    TRACY SWIFT DIRECTOR
    10.00     		0 0 0
    10046 SE TERRA LINDA COURT
    PORTLAND,OR97266
    SCHERRAN GOODWIN DIRECTOR
    10.00     		0 0 0
    371 NE VILLAGE SQUIRE
    GRESHAM,OR97030
    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
    906,131
    b
    Average of monthly cash balances.......................
    1b
    93,683
    c
    Fair market value of all other assets (see instructions)................
    1c
    170,811
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,170,625
    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
    1,170,625
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    17,559
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,153,066
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    57,653
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    57,653
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    114
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    114
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    57,539
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    57,539
    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
    57,539
    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
    78,000
    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
    78,000
    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
    114
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    77,886
    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 57,539
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 70,768
    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......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 78,000
    a Applied to 2014, but not more than line 2a 70,768
    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..... 7,232
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2015.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    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 ..........     		50,307
    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 ......     		 
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    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 e-mail address of the person to whom applications should be addressed:
    ANDRE' W ISELI
    14917 SE 142ND AVENUE
    CLACKAMAS,OR970157374
    (503) 558-0338
    bThe form in which applications should be submitted and information and materials they should include:
    IN WRITING - INCLUDE ORGANIZATION NAME, EMPLOYER IDENTIFICATION NUMBER, ADDRESS, TELEPHONE NUMBER, INDIVIDUAL CONTACT PERSON AND A COPY OF THE ORGANIZATION'S DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE DESIGNATING THE ORGANIZATION AS A 501(C)(3) EXEMPT ORGANIZATION.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ONLY ORGANIZATIONS EXEMPT UNDER IRC SECTION 501(C)(3)
    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
    ALPHA MINISTRIES
    PO BOX 1951
    MANSFIELD,TX76063     		  501 (C)(3) RELIGIOUS 3,000
    AS IS CHURCH
    15150 NE GLISAN AVE
    PORTLAND,OR97230     		  501 (C)(3) RELIGIOUS 1,850
    BARCLAY COLLEGE
    607 N KINGMAN
    HAVILAND,KS67059     		  501 (C)(3) EDUCATIONAL 2,000
    CADENCE INTERNATIONAL
    3028 SE 27TH COURT
    GRESHAM,OR970806293     		  501 (C)(3) RELIGIOUS 2,000
    CARE NET
    17270 SE BLUFF ROAD
    SANDY,OR97055     		  501 (C)(3) CHARITABLE 2,000
    COLORADO UPLIFT
    3914 KING ST
    DENVER,CO80211     		  501 (C)(3) CHARITABLE 2,000
    CORBAN UNIVERSITY
    5000 DEER PARK DR SE
    SALEM,OR97317     		  501 (C)(3) EDUCATIONAL 2,000
    CUMBERLAND COLLEGE
    6178 COLLEGE STATION DR
    WILLIAMSBURG,KY40769     		  501 (C)(3) EDUCATIONAL 2,000
    ETERNAL PERSPECTIVE MINISTRIES
    39085 PIONEER BLVD
    SANDY,OR97055     		  501 (C)(3) RELIGIOUS 3,000
    GEORGE FOX UNIVERSITY
    414 N MERIDIAN STREET
    NEWBERG,OR97132     		  501 (C)(3) EDUCATIONAL 13,000
    IGNITE THE WORLD
    PO BOX 230311
    TIGARD,OR97281     		  501 (C)(3) CHARITABLE 2,000
    JESUS ONLINE
    PO BOX 1643
    HIGLEY,AZ85236     		  501 (C)(3) RELIGIOUS 1,000
    JEWS FOR JESUS
    60 HAIGHT STREET
    SAN FRANCISCO,CA94102     		  501 (C)(3) RELIGIOUS 2,100
    LINFIELD COLLEGE
    900 SE BAKER STREET
    MCMINNVILLE,OR971286894     		  501 (C)(3) EDUCATIONAL 2,000
    MT HOOD HOSPICE
    39641 SCENIC STREET
    SANDY,OR970556405     		  501 (C)(3) CHARITABLE 2,000
    MULTNOMAH UNIVERSITY
    8435 NE GLISAN STREET
    PORTLAND,OR97220     		  501 (C)(3) EDUCATIONAL 2,000
    MY SISTERS HOUSE
    3053 FREEPORT 120
    SACREMENTO,CA95818     		  501 (C)(3) CHARITABLE 1,000
    OREGON RIGHT TO LIFE
    4335 RIVER RD N
    KEIZER,OR97303     		  501 (C)(3) CHARITABLE 500
    PORTLAND RESCUE MISSION
    1507 NE 122ND AVENUE
    PORTLAND,OR97230     		  501 (C)(3) CHARITABLE 2,000
    SALVATION ARMY
    1712 NE SANDY BLVD
    PORTLAND,OR97204     		  501 (C)(3) CHARITABLE 1,750
    THE BEREAN WAY
    PO BOX 4311
    TUALATIN,OR97062     		  501 (C)(3) CHARITABLE 3,000
    TRUTH X VISION
    2224 30TH AVE SE
    ALBANY,OR97322     		  501 (C)(3) RELIGIOUS 1,000
    UNION GOSPEL MISSION
    15 NW 3RD AVENUE
    PORTLAND,OR97209     		  501 (C)(3) RELIGIOUS 2,000
    VETERANS OF FOREIGN WARS
    825 SE MILL ST
    PORTLAND,OR97204     		  501 (C)(3) CHARITABLE 500
    WARNER PACIFIC COLLEGE
    2600 SE 98TH AVENUE SUIT
    PORTLAND,OR97266     		  501 (C)(3) EDUCATIONAL 2,000
    WORLD PROPHETIC MINISTRIES
    1099 N PEPPER AVENUE
    COLTON,CA92324     		  501 (C)(3) RELIGIOUS 2,000
    WYCLIFF BIBLE TRANSLATORS
    PO BOX 628200
    ORLANDO,FL328628200     		  501 (C)(3) RELIGIOUS 3,000
    YOUNG LIFE
    13635 NW CORNELL RD STE 2
    PORTLAND,OR97229     		  501 (C)(3) CHARITABLE 3,000
    BRINGHAM ACADEMY (ETHIOPIA)
    KOLFE KERANIO
    ADDIS ABADA   4937
    ET     		    EDUCATIONAL 1,000
    EL CEMMA (PERU)
    LAS MONJAS 140 URB
    SANTA FELICIA LA MOLINA
    LIMA    
    PE     		    RELIGIOUS 1,000
    FIRST BAPTIST CHURCH OF GRESHAM
    224 W POWELL BLVD
    GRESHAM,OR97030     		  501(C)3 RELIGIOUS 1,300
    INTERNATIONAL MINISTRIES
    PO BOX 851
    VALLEY FORGE,PA19482     		  501(C)3 RELIGIOUS 6,000
    SIM USA
    14830 CHOATE CIR
    CHARLOTTE,NC28273     		  501(C)3 RELIGIOUS 1,000
    UNITED WORLD MISSION
    205 REGENCY EXECUTIVE
    PARK DR 430
    CHARLOTTE,NC28217     		  501(C)3 CHARITABLE 1,000
    VISION CHURCH
    318 GILBERT AVE
    RALEIGH,NC27603     		  501(C)3 RELIGIOUS 1,000
    KOLO
    10619 CRYSTAL SPRINGS CT
    ORLANDO,FL32825     		  501(C)3 CHARITABLE 1,000
    Total .................................bullet 3a 79,000
    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 48  
    4 Dividends and interest from securities....     14 11,668  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............     		        102,431
    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)..   11,716 102,431
    13Total. Add line 12, columns (b), (d), and (e)..................
    13114,147
    (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

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

    TY 2015 GainLossSaleOtherAssetsSch
    Name:
    ISELI FOUNDATION
    EIN:
    95-2560782
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    CHESAPEAKE ENERGY CORP-1000 2014-12 PURCHASE 2015-02   20,798 19,023     1,775  
    MARATHON OIL CORP-1000 2015-09 PURCHASE 2015-10   17,725 15,528     2,197  
    MOTOROLA SOLUTIONS, INC.-1000 2011-01 PURCHASE 2015-12   71,573 40,749     30,824  
    PARK CITY GROUP INC. NEW-1000 2014-06 PURCHASE 2015-02   10,966 10,978     -12  
    PARK CITY GROUP INC. NEW-5000 2014-07 PURCHASE 2015-02   53,162 53,123     39  
    PARK CITY GROUP INC. NEW-4000 2014-07 PURCHASE 2015-02   43,865 40,353     3,512  
    PARK CITY GROUP INC. NEW-1000 2014-07 PURCHASE 2015-02   10,632 10,395     237  
    PARK CITY GROUP INC. NEW-2000 2014-09 PURCHASE 2015-02   21,265 20,397     868  
    PARK CITY GROUP INC. NEW-1000 2014-10 PURCHASE 2015-02   10,632 9,501     1,131  
    PARK CITY GROUP INC. NEW-1000 2014-10 PURCHASE 2015-02   10,632 9,491     1,141  
    PARK CITY GROUP INC. NEW-5000 2014-10 PURCHASE 2015-02   59,992 39,111     20,881  
    PARK CITY GROUP INC. NEW-5000 2015-04 PURCHASE 2015-05   56,276 56,276        
    PARK CITY GROUP INC. NEW-2500 2015-05 PURCHASE 2015-06   32,445 28,168     4,277  
    RENTRAK CORP-1000 2015-02 PURCHASE 2015-02   52,742 50,994     1,748  
    RENTRAK CORP-1000 2015-04 PURCHASE 2015-05   57,395 50,119     7,276  
    RENTRAK CORP-500 2015-08 PURCHASE 2015-09   26,321 24,771     1,550  
    RENTRAK CORP-500 2015-08 PURCHASE 2015-09   26,321 24,324     1,997  
    SEADRILL LTD.-2000 2014-12 PURCHASE 2015-05   29,383 23,589     5,794  
    SORRENTO THERAPEUTICS INC. NEW-2000 2015-05 PURCHASE 2015-05   27,691 23,978     3,713  
    SORRENTO THERAPEUTICS INC. NEW-2000 2015-05 PURCHASE 2015-07   37,372 23,889     13,483  

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    ISELI FOUNDATION
    EIN:
    95-2560782
    Name of Stock End of Year Book Value End of Year Fair Market Value
    2000-AK STEEL HOLDING CORP 14,091 4,480
    2000-AK STEEL HOLDING CORP 13,121 4,480
    5000-VEREIT INC. (PKA AMERICAN REALT 69,856 39,600
    4000-BOSTON SCIENTIFIC CORP 85,500 73,760
    500-BP PLC SPONSORED ADR 22,928 15,630
    500-BP PLC SPONSORED ADR 19,967 15,630
    1000-CAMECO CORP 25,026 12,330
    1000-CAMECO CORP 19,960 12,330
    8000-DENISON MINES CORP 11,121 3,984
    1000-ENCANA CORP 27,760 5,090
    1000-ENCANA CORP 27,740 5,090
    300000-ENSEQUENCE INC CLASS B PFD RE 300,000 75,000
    2000-FIELDS AIRCRAFT 18,554  
    500-FREEPORT MCMORAN INC. 11,626 3,385
    300-FREEPORT MCMORAN INC. 6,461 2,031
    5000-HECLA MINING COMPANY 22,306 9,450
    5000-HECLA MINING COMPANY 20,906 9,450
    5000-KINROSS GOLD CORP NO PAR 61,156 9,100
    5000-KINROSS GOLD CORP NO PAR 62,306 9,100
    24000-MAGNUS INTL. RESOURCES INC. 13,835 31
    10000-MAGNUM HUNTER RESOURCES CORP 25,506 161
    1000-MARKET VECTORS ETF TRUST JUNIOR 21,177 13,720
    250-MARKET VECTORS GOLD MINERS ETF 23,166 4,802
    5000-MCEWEN MINING INC. 20,617 5,300
    500-MCEWEN MINING INC. 1,131 530
    4500-MCEWEN MINING INC. 9,501 4,770
    30000-MIDWAY GOLD CORP 19,530 15
    15000-MINCO GOLD, CORP 33,006 2,101
    5000-MINCO GOLD, CORP 12,206 700
    5000-MINCO GOLD, CORP 12,205 700
    5000-MINCO GOLD, CORP 4,562 700
    5000-MINCO GOLD, CORP 4,562 700
    1000-MINCO SILVER CORP 3,371 300
    4300-MINCO SILVER CORP 23,155 1,290
    4700-MINCO SILVER CORP 24,080 1,410
    5000-MINCO SILVER CORP 8,906 1,500
    5000-MINCO SILVER CORP 8,942 1,500
    2400-MINCO SILVER CORP 5,910 720
    1000-MINCO SILVER CORP 2,460 300
    500-MINCO SILVER CORP 1,231 150
    300-MINCO SILVER CORP 747 90
    5800-MINCO SILVER CORP 14,332 1,740
    5000-MINCO SILVER CORP 3,862 1,500
    5000-MOLYCORP INC DE 28,855 115
    5000-MOLYCORP INC DE 27,453 115
    5000-MOLYCORP INC DE 26,027 115
    428-MOTOROLA SOLUTIONS, INC. 17,441 29,296
    21-NORDIC AMERICAN OFFSHORE (STOCK D   110
    2000-NORDIC AMERICAN TANKER SHIPPING 61,248 31,080
    500-NORDIC AMERICAN TANKER SHIPPING 15,557 7,770
    2500-PARK CITY GROUP INC. NEW 28,168 29,775
    1637-PARK CITY GROUP INC. NEW 16,383 19,497
    863-PARK CITY GROUP INC. NEW 8,641 10,278
    2500-PARK CITY GROUP INC. NEW 28,984 29,775
    5000-PARKERVISION, INC 4,766 1,163
    5000-PARKERVISION, INC 4,766 1,163
    1000-PETROLEO BRASILEIRO SA PETROBRA 39,312 4,300
    1000-PETROLEO BRASILEIRO SA PETROBRA 39,342 4,300
    1000-RAYONIER ADVANCED MATERIALS INC 35,041 9,790
    5000-SANDSTORM GOLD LTD 4,276 5,977
    12500-SANDSTORM GOLD LTD 11,872 14,943
    12500-SANDSTORM GOLD LTD 11,836 14,943
    4000-SANDSTORM GOLD LTD NEW 31,763 4,782
    2000-SANDSTORM GOLD LTD NEW 14,075 2,391
    3000-SANDSTORM GOLD LTD NEW 12,573 3,586
    5000-SANDSTORM GOLD LTD NEW 20,151 5,977
    1000-SANDSTORM GOLD LTD NEW RESTRICT 3,000 2,630
    3000-SANDSTORM GOLD LTD EXP 4/23/14 5,825  
    2000-SANDSTORM GOLD LTD EXP 4/23/14 3,884  
    1500-SEADRILL LTD. 19,473 5,085
    1500-SEADRILL LTD. 18,127 5,085
    5000-SILVERCORP METALS INC 35,950 2,350
    16000-SILVER PREDATOR CORP 632 114
    34000-SILVER PREDATOR CORP 1,426 241
    1000-SILVER WHEATON CORP 19,666 12,420
    1000-SILVER WHEATON CORP 21,097 12,420
    2000-SILVER WHEATON CORP 40,524 24,840
    2500-SORRENTO THERAPEUTICS INC. NEW 20,514 21,775
    2500-SORRENTO THERAPEUTICS INC. NEW 20,513 21,775
    2500-SORRENTO THERAPEUTICS INC. NEW 21,121 21,775
    2500-SORRENTO THERAPEUTICS INC. NEW 21,251 21,775
    2000-SPROTT PHYSICAL SILVER TRUST UN 18,704 10,540
    4000-SPROTT PHYSICAL SILVER TRUST UN 25,206 21,080
    4000-SPROTT PHYSICAL SILVER TRUST UN 25,206 21,080
    2000-TELEFONICA BRASIL SA 20,669 18,060
    INVESTMENTS SOLD IN 2015    

    TY 2015 OtherAssetsSchedule
    Name:
    ISELI FOUNDATION
    EIN:
    95-2560782
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    CSV LIFE INSURANCE 155,811 170,811  


    TY 2015 OtherExpensesSchedule
    Name:
    ISELI FOUNDATION
    EIN:
    95-2560782
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INSURANCE 750      
    FOREIGN TAX WITHHOLDING 309 309    
    VOIDED PY DONATION CHECK -1,000     -1,000


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    ISELI FOUNDATION
    EIN:
    95-2560782
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES 4,750