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
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
USD FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)811 MAIN STREET NO 2800   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HOUSTON, TX77002
A Employer identification number

27-1561110
B Telephone number (see instructions)

(281) 291-0510
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$1,444,387J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
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).............. 40,000
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 32,430 32,430  
4 Dividends and interest from securities......      
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -27,971
b Gross sales price for all assets on line 6a 960,538
7 Capital gain net income (from Part IV, line 2)... 0
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........ 44,459 32,430  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 63,000 6,300   56,700
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 11,811 5,906   5,905
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 350 0   0
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 7,502 7,502   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 82,663 19,708   62,605
25 Contributions, gifts, grants paid........ 449,577 449,577
26 Total expenses and disbursements. Add lines 24 and 25 532,240 19,708   512,182
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -487,781
b Net investment income (if negative, enter -0-) 12,722
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
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.......... 270,208 269,113 269,113
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)........ 346,022 Click to see attachment345,169 345,169
c Investments—corporate bonds (attach schedule)........ 1,046,254 Click to see attachment677,393 677,393
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 162,665 Click to see attachment137,712 137,712
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment15,000 Click to see attachment15,000 Click to see attachment15,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,840,149 1,444,387 1,444,387
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................. 7,850 10,248
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment100,000
23 Total liabilities (add lines 17 through 22).......... 7,850 110,248
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......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 1,832,299 1,334,139
30 Total net assets or fund balances (see instructions)...... 1,832,299 1,334,139
31 Total liabilities and net assets/fund balances (see instructions).. 1,840,149 1,444,387
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 1,832,299
2 Enter amount from Part I, line 27a..................... 2 -487,781
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 1,344,518
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 10,379
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 1,334,139
Form 990-PF (2014)
Form 990-PF (2014)
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 SEE ATTACHED STATEMENT P 2001-01-01 2001-01-01
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 960,538   988,509 -27,971
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       -27,971
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 -27,971
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))
2013 309,587 1,979,172 0.156422
2012 296,641 2,233,971 0.132786
2011 428,888 2,518,279 0.170310
2010 102,621 2,768,451 0.037068
2009 73,750 2,673,778 0.027583
2 Total of line 1, column (d) ...................... 2 0.524169
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 0.104834
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 1,697,920
5 Multiply line 4 by line 3....................... 5 178,000
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 127
7 Add lines 5 and 6......................... 7 178,127
8 Enter qualifying distributions from Part XII, line 4.............. 8 512,182
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 (2014)
Form 990-PF (2014)
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 Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 127
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........................... 3 127
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- ..... 5 127
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a  
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 490
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 490
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 10 363
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet363 RefundedBullet 11 0
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)
    bulletTX
    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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    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 ofbulletUS DEVELOPMENT GROUP LLC Telephone no.bullet (281) 291-0510
    Located atbullet811 MAIN STREET STE 2800HOUSTONTX ZIP+4bullet77002
    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 2014, 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  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    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 2014?.............
    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 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    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 2014 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 2014.)....................
    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 2014?
    4b
     
    No
    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 (2014)
    Form 990-PF (2014)
    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
    DAN BORGEN PRESIDENT
    1.00     		0 0 0
    811 MAIN STREET SUITE 2800
    HOUSTON,TX77002
    DALE NORRIS DIRECTOR
    1.00     		0 0 0
    920 MAIN STREET SUITE 1950
    KANSAS CITY,MO64105
    CLYDE CRUTCHMER DIRECTOR
    1.00     		0 0 0
    1648 SOUTH BOSTON AVENUE
    TULSA,OK74119
    MICHAEL RCURRY TREASURER
    1.00     		0 0 0
    10452 S OAKCREST LANE
    OLATHE,KS66061
    CHRIS ROBBINS ASSISTANT TREASURER
    1.00     		0 0 0
    6 PLAYER RIDGE CT
    THE WOODLANDS,TX77382
    MARK COLE SECRETARY
    1.00     		0 0 0
    15502 WILDWOOD TRACE
    MAGNOLIA,TX77354
    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  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    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
    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
    1,527,251
    b
    Average of monthly cash balances.......................
    1b
    196,526
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,723,777
    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
    1,723,777
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    25,857
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,697,920
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    84,896
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    84,896
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    127
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    127
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    84,769
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    84,769
    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
    84,769
    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
    512,182
    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
    512,182
    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
    127
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    512,055
    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 (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 84,769
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011....... 228,789
    d From 2012....... 185,190
    e From 2013....... 211,682
    fTotal of lines 3a through e......... 625,661
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 512,182
    a Applied to 2013, 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).........     		0
    d Applied to 2014 distributable amount..... 84,769
    e Remaining amount distributed out of corpus 427,413
    5 Excess distributions carryover applied to 2014. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,053,074
    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 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. 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 2009 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		1,053,074
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011.... 228,789
    c Excess from 2012.... 185,190
    d Excess from 2013.... 211,682
    e Excess from 2014.... 427,413
    Form 990-PF (2014)
    Form 990-PF (2014)
    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 2014, 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) 2014 (b) 2013 (c) 2012 (d) 2011
             
    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 (2014)
    Form 990-PF (2014)
    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
    BOYS & GIRLS CLUB OF AMERICA
    1275 PEACHTREE STREET
    ATLANTA,GA303093506     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 220,000
    GRACE COMMUNITY CHURCH OF MAGNOLIA
    13248 ROSCOE BLVD
    SUN VALLEY,CA91352     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 10,000
    JOHN CARROLL UNIVERSITY
    1 JOHN CARROLL BLVD
    UNIVERSITY HEIGHTS,OH441184581     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 10,000
    NATIONAL MS SOCIETY
    8111 N STADIUM DR SUITE 100
    HOUSTON,TX77054     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 2,000
    POTTER'S HOUSE ASSOCIATION
    PO BOX 106- DEPARTMENT A
    PEWAUKEE,WI530720106     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 4,800
    PREGNANCY ASSISTANCE CENTER NORTH
    PO BOX 7035
    THE WOODLANDS,TX77387     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 10,000
    THE ROSE
    12700 NORTH FEATHERWOOD SUITE 260
    HOUSTON,TX77034     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 7,000
    LEAGUE CITY UNITED METHODIST CHURCH
    1411 WEST MAIN ST
    LEAGUE CITY,TX77573     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 11,000
    NEW HOPE CHURCH
    3640 COUNTRY ROAD 58
    MANVEL,TX77578     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 7,100
    SAFEHOME
    PO BOX 4563
    OVERLAND PARK,KS66204     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 10,000
    SAN JACINTO BAPTIST CHURCH
    310 P ST
    DEER PARK,TX77536     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 7,800
    ST MICHAEL CATHOLIC CHURCH
    434 WEST 34TH STREET
    NEW YORK,NY100012321     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 3,206
    BOYS & GIRLS CLUB OF GREATER HOUSTON
    1275 PEACHTREE STREET
    ATLANTA,GA303093506     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 2,500
    AMERICAN BIBLE SOCIETY
    1865 BROADWAY
    NEW YORK,NY10023     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 5,000
    EDUCATE INTERNATIONAL INC
    PO BOX 890131
    HOUSTON,TX77289     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 500
    GOLFREACH INC
    16527 TOWN LAKE CT
    HOUSTON,TX770595546     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 500
    PASADENA ROTARY CLUB
    1062 FAIRMONT PKWY
    PASADENA,TX775042904     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 1,500
    SHELL HOUSTON OPEN
    5810 WILSON ROAD STE 112
    HUMBLE,TX77396     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 30,000
    THE KINKAID SCHOOOL
    201 KINKAID SCHOOL DR
    HOUSTON,TX77024     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 1,500
    LIFEHOUSE OF HOUSTON
    PO BOX 27127
    HOUSTON,TX77227     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 3,000
    AMERICAN CANCER SOCIETY
    250 WILLIAMS STREET
    ATLANTA,GA30303     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 2,500
    CHILD ADVOCATES INC
    8200 HAVERSTICK ROAD STE 240
    INDIANAPOLIS,IN46240     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 1,975
    COMPASSION INTERNATIONAL INC
    12290 VOYAGER PARKWAY
    COLORADO SPRINGS,CO80921     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 1,088
    EVELYN RUBENSTEIN JEWISH COMMUNITY CENTER
    5601 S BRAESWOOD BLVD
    HOUSTON,TX77096     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 1,000
    GRACE COVENANT CHURCH
    100 GRACE LN
    ELLISVILLE,MS39437     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 5,000
    HGA INC
    5030 BUS CENTER DR STE 260
    FAIRFIELD,CA94534     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 2,750
    KIPP INC
    10711 KIPP WAY
    HOUSTON,TX77099     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 10,000
    MAKE A WISH TEXAS GULF COAST & LOUISIANA
    12625 SOUTHWEST FREEWAY
    STAFFORD,TX77477     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 10,000
    STAR OF HOPE
    6897 ARDMORE STREET
    HOUSTON,TX77054     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 1,000
    THE SHLENDKER SCHOOL
    5600 N BRAESWOOD BLVD
    HOUSTON,TX77096     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 500
    WESTMINISTER THEOLOGICAL SEMINARY
    2960 CHURCH RD
    GLENSIDE,PA19038     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 3,900
    WYCLIFFE ASSOCIATES
    PO BOX 620143
    ORLANDO,FL32862     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 5,000
    YOUNG LIFE
    PO BOX 520
    COLORADO SPRINGS,CO80901     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 5,000
    CROSSPOINTE CHURCH HAITI GOOD NEWS MISSION
    78 HUGHES RD
    MADISON,AL35758     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 1,000
    CRU INC
    PO BOX 628222
    ORLANDO,FL32862     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 3,600
    GMF INC
    PO BOX 1150
    CORDOVA,TN38088     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 5,000
    HOUSTON'S FIRST BAPTIST CHURCH
    7401 KATY FWY
    HOUSTON,TX77024     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 1,048
    LEAGUE CITY SAINTS
    PO BOX 2024
    LEAGUE CITY,TX77574     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 500
    ST JOHN VIANNEY CATHOLIC PARISH
    625 NOTTINGHAM DAKS TRAIL
    HOUSTON,TX77079     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 800
    WEST UNIVERSITY LITTLE LEAGUE
    6132 FORDHAM STREET
    HOUSTON,TX77005     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 3,010
    YOUNG LIFE - AUSTIN
    PO BOX 2920
    COLORADO SPRINGS,CO80901     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 5,000
    YOUNG LIFE - VAIL VALLEY
    PO BOX 70065
    PRESCOTT,AZ86304     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 10,000
    YOUNG LIFE - HOUSTON NW
    PO BOX 691106
    HOUSTON,TX77269     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 20,000
    THE CARL MCCAIN MEMORIAL FOUNDATION
    PO BOX 4648
    HOUSTON,TX77002     		NONE 501 (C) (3) CHARITABLE CONTRIBUTION 2,500
    Total .................................bullet 3a 449,577
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    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 32,430  
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 -27,971  
    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 4,459 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    134,459
    (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 (2014)
    Form 990-PF (2014)
    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
    Yes
    No
    organizations?
    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 namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2014
    Name of the organization
    USD FOUNDATION
     
    Employer identification number

    27-1561110
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 2
    Name of organization
    USD FOUNDATION
          		Employer identification number

    27-1561110
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    USD GROUP LLC  
    811 MAIN STREET
     
    HOUSTON, TX77002

    		$40,000


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 3
    Name of organization
    USD FOUNDATION
          		Employer identification number

    27-1561110
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    USD FOUNDATION
          		Employer identification number

    27-1561110
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2014 AccountingFeesSchedule
    Name:
    USD FOUNDATION
    EIN: 27-1561110
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WEISERMAZARS LLP 11,811 5,906   5,905

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    USD FOUNDATION
    EIN: 27-1561110
    Name of Bond End of Year Book Value End of Year Fair Market Value
    50,000 SHS GOLDMAN SACHS GROUP INC 50,388 50,388
    25,000 SHS WELLS FARGO CO 25,468 25,468
    25,000 SHS BB T CORPORATION 25,116 25,116
    25,000 SHS JPMORGAN CHASE CO 25,212 25,212
    25,000 SHS BANK OF NEW YORK MELLON 24,961 24,961
    25,000 SHS JPMORGAN CHASE CO 24,920 24,920
    25,000 SHS BAXTER INTERNATIONAL INC 25,021 25,021
    25,000 SHS BRANCH BANKING TRUST 25,314 25,314
    25,000 SHS JPMORGAN CHASE CO 25,232 25,232
    25,000 SHS TOYOTA MOTOR CREDIT CORP 25,198 25,198
    25,000 SHS WESTPAC BANKING CORP 25,258 25,258
    25,000 SHS TOTAL CAPITAL CANADA LTD 25,074 25,074
    25,000 SHS BANK OF NAVA SCOTIA 24,924 24,924
    2,444.482 SHS TEMPLETON GLOBAL BOND-ADV 28,649 28,649
    886 SHS VANGUARD TOT INTL BOND IND-ADM #0511 18,792 18,792
    74 SHS ISHARES TIPS BOND ETF 8,211 8,211
    578 SHS ISHARES US PREFERRED STOCK EFT 22,692 22,692
    5143.603 SHS CAVANAL HILL SH TM INC-INST FD#0047 49,327 49,327
    25000 SHS APPLE INC 24,759 24,759
    25000 SHS STATOIL ASA 25,716 25,716
    25000 SHS PEPSICO INC 25,777 25,777
    3122 SHS FEDERATED HI YLD BD-INST #0900 30,003 30,003
    4410.788 SHS LM WESTERN ASSET TOT RET UN #1555 45,299 45,299
    4258.931 SHS MET WEST TOT RET BD #0512 46,082 46,082

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    USD FOUNDATION
    EIN: 27-1561110
    Name of Stock End of Year Book Value End of Year Fair Market Value
    120 SHS ISHARES CORE S&P MIDCAP ETF 18,315 18,315
    135 SHS ISHARES S&P MIDCAP ETF 19,818 19,818
    1281.709 SHS DFA LARGE CAP VAL PORTF #5035 42,643 42,643
    536.629 SHS DODGE & COX INTL STK FD#1048 21,406 21,406
    199.641 SHS DODGE & COX STK FD#0145 34,945 34,945
    435.587 SHS FIDELITY CONTRAFUND INC 45,323 45,323
    335 SHS HARBOR INTERNATIONAL-INST 22,000 22,000
    907.592 SHS JOHN HANCOCK DISC VAL M/C-IS FD#3633 18,760 18,760
    588 MFS INT'L NEW DISCOVERY-1 17,087 17,087
    680.649 SHS OPEENHEIMER DEV MKTS FD 21,481 21,481
    254.776 SHS T ROWE PRICE NEW HORIZONS 11,768 11,768
    201 SHS VANGUARD SM CAP INDX-INST 10,991 10,991
    501 SHS VANGUARD SM CP VAL INDX-INST 12,425 12,425
    1298.324 JPM L/C GRWTH-SEL #3118 48,207 48,207

    TY 2014 InvestmentsOtherSchedule2
    Name:
    USD FOUNDATION
    EIN: 27-1561110
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    1,001.176 UNITS CALAMOS MKT NEUT INC-I AT COST 12,955 12,955
    629 UNITS DIAMOND HILL LONG/SHORT-1 AT COST 15,234 15,234
    576.398 UNITS IVY ASSET STRATEGY-I #0473 AT COST 14,231 14,231
    759.483 UNITS MERGER FD AT COST 11,802 11,802
    2,463 UNITS PIMCO ALL ASSET-INST AT COST 26,477 26,477
    758.833 UNITS PIMCO RR STRAT-INST AT COST 5,471 5,471
    3,211.959 UNITS SALIENT RISK PARITY-1 FD AT COST 27,848 27,848
    562.349 UNITS NEUBERGER BERMAN R/E-INST AT COST 8,289 8,289
    1645.802 SHS SALIENT MLP ENERGY INFRASTRUCTURE I AT COST 15,405 15,405

    TY 2014 OtherAssetsSchedule
    Name:
    USD FOUNDATION
    EIN: 27-1561110
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    MISCELLANEOUS RECEIVABLE 15,000 15,000 15,000


    TY 2014 OtherDecreasesSchedule
    Name:
    USD FOUNDATION
    EIN: 27-1561110
    Description Amount
       


    TY 2014 OtherExpensesSchedule
    Name:
    USD FOUNDATION
    EIN: 27-1561110
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 7,502 7,502   0


    TY 2014 OtherLiabilitiesSchedule
    Name:
    USD FOUNDATION
    EIN: 27-1561110
    Description Beginning of Year - Book Value End of Year - Book Value
    DUE TO USDG 0 100,000


    TY 2014 TaxesSchedule
    Name:
    USD FOUNDATION
    EIN: 27-1561110
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 350 0   0