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
CUDD FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1980
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
EL PRADO, NM87529
A Employer identification number

72-1101712
B Telephone number (see instructions)

C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$2,705,296J 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) 22,284
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 26,073 26,073  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 242,388
b Gross sales price for all assets on line 6a 1,222,615
7 Capital gain net income (from Part IV, line 2)... 242,388
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 11,626 11,626  
12 Total. Add lines 1 through 11........ 302,371 280,087  
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 26,626 26,626   26,626
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 900 900   900
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 1,272 1,272   1,272
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 28,798 28,798   28,798
25 Contributions, gifts, grants paid....... 105,820 105,820
26 Total expenses and disbursements. Add lines 24 and 25 134,618 28,798   134,618
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 167,753
b Net investment income (if negative, enter -0-) 251,289
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 163,603 1,066,716 1,066,716
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)....... 931,330 Click to see attachment192,128 196,435
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).......... 1,250,000 Click to see attachment1,250,000 1,442,145
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,344,933 2,508,844 2,705,296
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 2,344,933 2,508,844
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    
30 Total net assets or fund balances (see instructions)..... 2,344,933 2,508,844
31 Total liabilities and net assets/fund balances (see instructions). 2,344,933 2,508,844
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
2,344,933
2
Enter amount from Part I, line 27a .....................
2
167,753
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
2,512,686
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3,842
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
2,508,844
Form 990-PF (2015)
Form 990-PF (2015)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 300 SHRS BANK OF NOVA SCOTIA COM P 2015-07-14 2015-12-08
b 450 SHRS DBXTR MSCI EUROPE HDGD P 2015-01-15 2015-12-08
c 275 SHRS HCP INC COM HCP P 2015-06-04 2015-12-08
d 150 SHRS ISHARES S AND P MID CAP P 2015-08-21 2015-12-08
e 200 ISHARES S AND P MIDCAP P 2015-08-21 2015-12-08
195 SHRS ISHARES S AND P SMALLCAP P 2015-08-21 2015-12-08
225 SHRS ISHARES S AND P SMALLCAP P 2015-08-21 2015-12-08
400 SHRS KINDER MORGAN INC P 2015-10-22 2015-12-08
125 SHRS KRAFT HEINZ CO P 2015-08-24 2015-12-08
350 SHRS NXP SEMICONDUCTORS NV P 2015-07-10 2015-12-08
1900 SHRS PENGROWTH ENERGY P 2015-01-26 2015-12-08
250 SHRS UNILEVER PLC P 2015-08-24 2015-12-08
500 SHRS WESTPAC BANKING CORP P 2015-01-29 2015-12-08
500 SHRS ALTRIA GROUP P 2014-02-07 2015-12-08
300 SHRS BANK OF NOVA SCOTIA P 2014-02-07 2015-12-08
100 SHRS BP PRUDHOE BAY RTY P 2007-05-17 2015-12-08
300 SHRS CATERPILLAR INC P 2004-06-30 2015-12-08
600 SHRS CONOCOPHILLIPS COP P 2002-12-19 2015-12-08
500 SHRS CVR PARTNERS LP P 2014-02-06 2015-12-08
500 SHRS DOW CHEMICAL CO P 2004-05-13 2015-12-08
150 SHRS EXPRESS SCRIPTS HLDGCO P 2014-04-30 2015-12-08
200 SHRS GENERAL ELECTRIC P 2008-10-02 2015-04-10
50 SHRS GENERAL ELECTRIC CO P 2008-11-13 2015-04-10
750 SHRS GENERAL ELECTRIC CO P 2008-11-13 2015-12-08
150 SHRS GILEAD SCIENCES INC P 2014-02-07 2015-12-08
150 SHRS GOLDMAN SACHS GROUP INC P 2010-04-16 2015-12-08
350 SHRS HALLIBURTON CO HOLDING CO P 2007-03-20 2015-12-08
100 SHRS ISHARES TR 1 3 P 2010-02-23 2015-12-08
500 SHRS ISHARES TR 1 3 P 2010-02-23 2015-06-29
100 SHRS ISHARES TR 1 3 P 2010-02-23 2015-07-10
400 SHRS JOHNSON AND JOHNSON P 2005-11-02 2015-12-08
800 SHRS JPMORGAN CHASE P 2002-07-30 2015-12-08
400 SHRS MARATHON PETROLEUM CORP P 2014-02-07 2015-12-08
620 SHRS MERCK AND CO P 2011-01-21 2015-12-08
600 SHRS NATIONAL HEALTH INVS P 2003-09-22 2015-12-08
250 SHRS NEWMONT MNG CORP P 2013-07-08 2015-12-08
500 SHRS PAN AMERICAN SILVER CORP P 2013-04-29 2015-12-08
350 SHRS PEPSICO INC P 2006-02-08 2015-12-08
300 SHRS PHILLIPS 66 COM P 2002-12-19 2015-12-08
300 SHRS PIMCO ETF TR P 2010-02-23 2015-04-02
100 SHRS PIMCO ETF TR P 2012-12-21 2015-04-02
500 SHRS PIMCO ETF TR P 2012-12-21 2015-08-21
500 SHRS PIMCO ETF TR P 2012-12-21 2015-12-08
2144 SHRS PIMCO UNCONSTRAINED BD P 2009-05-15 2015-06-29
300 POTASH CORP OF SASKATCHEWAN P 2013-07-30 2015-12-08
500 SHRS PROCTER AND GAMBLE CO P 2004-07-13 2015-12-08
185 SHRS PROSHARES TR PROSHARES P 2011-04-27 2015-12-08
400 SHRS ROYAL DUTCH SHELL ADR P 2004-02-27 2015-12-08
300 SHRS SAN JUAN BASIN RTY P 2010-06-23 2015-12-08
400 SHRS SOUTHERN COPPER CORPDEL P 2007-01-08 2015-12-08
147 SHRS TECK RESOURCES LIMITED P 2008-10-31 2015-04-02
200 SHRS TERRA NITROGEN CO P 2010-03-04 2015-12-08
500 SHRS UNITED TECHNOLOGIES P 2003-02-18 2015-12-08
1300 SHRS VALE SA SPONS ADR REPR P 2004-10-04 2015-04-02
115 SHRS VANGUARD BD INDEX FDINC P 2010-02-23 2015-07-10
200 SHRS VANGUARD BD INDEX FDINC P 2010-02-23 2015-12-08
130 SHRS VANGUARD SCOTTSDALE FDS P 2011-11-21 2015-07-10
125 SHRS VANGUARD SCOTTSDALE FDS P 2011-11-21 2015-12-08
688 SHRS VISA INC P 2010-12-17 2015-12-08
300 SHRS 3M COMPANY P 2004-07-20 2015-12-08
(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 12,651   15,027 -2,376
b 11,710   11,676 34
c 9,966   10,549 -583
d 24,639   24,843 -204
e 24,000   24,168 -168
24,858   24,709 149
24,871   24,658 213
6,361   11,907 -5,546
8,915   8,840 75
30,786   30,270 516
1,533   5,461 -3,928
10,675   9,983 692
11,484   13,497 -2,013
29,074   17,616 11,458
12,651   16,879 -4,228
2,712   6,517 -3,805
19,931   11,812 8,119
29,170   11,365 17,805
4,177   5,608 -1,431
25,494   18,986 6,508
12,984   10,724 2,260
5,610   4,421 1,189
1,403   748 655
22,698   11,227 11,471
15,542   11,408 4,134
27,450   23,056 4,394
12,729   10,493 2,236
10,477   10,443 34
52,636   52,215 421
10,509   10,443 66
41,041   24,448 16,593
52,751   27,114 25,637
21,196   16,850 4,346
33,214   21,025 12,189
35,841   12,472 23,369
4,835   6,851 -2,016
3,484   6,388 -2,904
34,986   20,013 14,973
26,047   3,377 22,670
30,332   30,084 248
10,111   10,156 -45
50,566   50,780 -214
50,383   50,780 -397
23,885   22,389 1,496
5,358   9,535 -4,177
38,923   27,615 11,308
8,075   30,837 -22,762
18,326   19,767 -1,441
1,429   7,467 -6,038
9,912   6,489 3,423
1,988   1,560 428
20,696   20,438 258
47,140   15,634 31,506
7,449   7,449  
9,197   9,226 -29
15,957   16,045 -88
10,325   10,109 216
9,901   9,720 181
54,543   11,655 42,888
47,028   24,405 22,623
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 2 242,388
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 -13,139
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 140,470 2,754,339 0.051
2013 118,405 2,688,886 0.044035
2012 125,423 2,715,189 0.046193
2011 121,694 2,235,616 0.054434
2010 72,585 2,631,276 0.027585
2
Total of line 1, column (d) .....................
20.223247
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
0.044649
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
2,489,197
5
Multiply line 4 by line 3......................
5
111,140
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,513
7
Add lines 5 and 6........................
7
113,653
8
Enter qualifying distributions from Part XII, line 4.............
8
134,618
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 2,513
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 2,513
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 2,513
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a  
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,513
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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)
    bulletLA
    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. Click to see attachment...............................
    10
    Yes
     
    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 addressbullet  
    14
    The books are in care ofbulletROBERT C CUDD III Telephone no.bullet (575) 776-8342

    Located atbulletP O BOX 1980EL PRADONM ZIP+4bullet87529
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    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
    ROBERT C CUDD III PRESIDENT
    3.00     		0 0 0
    P O BOX 1980
    EL PRADO,NM87529
    CAROL D CUDD VICE PRESIDEN
    1.00     		0 0 0
    P O BOX 1980
    EL PRADO,NM87529
    LESLIE CUDD HALE SECRETARY
    0.00     		0 0 0
    P O BOX 1980
    EL PRADO,NM87529
    LINDA CUDD MILLER TRUSTEE
    0.00     		0 0 0
    P O BOX 1980
    EL PRADO,NM87529
    BLAIR CUDD NAYLOR TRUSTEE
    0.00     		0 0 0
    P O BOX 1980
    EL PRADO,NM87529
    AMANDA CUDD STUERMER TRUSTEE
    0.00     		0 0 0
    P O BOX 1980
    EL PRADO,NM87529
    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.............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 NONE 0
    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 NONE 0
    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
    967,221
    b
    Average of monthly cash balances.......................
    1b
    126,940
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,432,943
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,527,104
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    2,527,104
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    37,907
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,489,197
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    124,460
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    124,460
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    2,513
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,513
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    121,947
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    121,947
    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
    121,947
    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
    134,618
    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
    134,618
    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
    2,513
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    132,105
    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 7 121,947
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011...... 11,927
    c From 2012......  
    d From 2013......  
    e From 2014...... 2,936
    fTotal of lines 3a through e........ 14,863
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 134,618
    a Applied to 2014, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2015 distributable amount..... 121,947
    e Remaining amount distributed out of corpus 12,671
    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 27,534
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		27,534
    10 Analysis of line 9:
    a Excess from 2011.... 11,927
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014.... 2,936
    e Excess from 2015.... 12,671
    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).)
    NONE
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BEAUREGARD KEYES FOUNDATION
    1113 CHARTES STREET
    NEW ORLEANS,LA701162504     		NONE   CHARITY AND COMMUNITY 1,000
    CATHEDRAL OF THE INCARNATION
    2015 WEST END AVE
    NASHVILLE,TN37203     		NONE   RELIGIOUS 1,000
    GIRLS FIRST
    301 HILLSIDE AVENUE
    SANTA FE,NM87501     		NONE   EDUCATION AND DEVELOPMENT 5,000
    ISIDORE NEWMAN SCHOOL
    1903 JEFFERSON AVENUE
    NEW ORLEANS,LA70124     		NONE   EDUCATIONAL 5,000
    MILLICENT ROGERS MUSEUM
    P O BOX A
    TAOS,NM87571     		NONE   EDUCATIONAL COMMUNITY 8,600
    SANTA FE OPERA
    P O BOX 2408
    SANTA FE,NM875042408     		NONE   PROMOTION OF ARTS 5,000
    SANTA FE PREP
    1101 CAMINO DE LA CRUZ
    SANTA FE,NM87505     		NONE   EDUCATIONAL 13,100
    SECOND HARVEST FOOD BANK
    700 EDWARDS AVENUE
    NEW ORLEANS,LA70123     		NONE   CHARITY 1,000
    ST CHARLES AVENUE PRESBYTERIAN
    1545 STATE STREET
    NEW ORLEANS,LA70118     		NONE   RELIGIOUS 500
    TAOS COMMUNITY FOUNDATION
    114 DES GEORGES LANE
    TAOS,NM87571     		NONE   COMMUNITY DEVELOPMENT 1,000
    TAOS FEEDS TAOS
    P O BOX 234
    TAOS,NM87571     		NONE   CHARITY 500
    THE EDIBLE SCHOOLYARD NEW ORLE
    2319 VALENE STREET
    NEW ORLEANS,LA70115     		NONE   EDUCATIONAL DEVELOPMENT 1,000
    THE FOOD DEPOT
    1222 SILER ROAD
    SANTA FE,NM87507     		NONE   CHARITY 500
    THE SHARED TABLE
    1309 PUEBLO DE NORTE
    TAOS,NM87571     		NONE   CHARITY 500
    WORLD MUSE
    845 NW DELAWARE AVENUE
    BEND,OR97701     		NONE   EMPOWERING WOMEN AND GIRLS TO ADVANCE 5,000
    ST JAMES EPISCOPAL CHURCH
    208 N 4TH ST
    BATON ROUGE,LA70802     		NONE   RELIGIOUS 500
    THE NATIONAL WWII MUSEUM
    900 E 15TH ST
    SWEETWATER,TX79556     		NONE   HISTORICAL 10,000
    VANDERBILT UNIVERSITY
    401 21ST AVE
    NASHVILLE,TN37203     		NONE   EDUCATIONAL SUPPORT 5,000
    AMERICAN CANCER SOCIETY
    P O BOX 22478
    OKLAHOMA CITY,OK73123     		NONE   MEDICAL RESEARCH 500
    AUDUBON NATURE INSTITUTE
    6500 MAGAZINE STREET
    NEW ORLEANS,LA70118     		NONE   PRESERVATION OF WILDLIFE 1,650
    BRIGHT SCHOOL FOR THE DEAF
    274 JUDGE EDWARD PARKWAY
    LULING,LA70070     		NONE   EDUCATION OF SPECIAL NEEDS CHILDREN 50
    MINDING YOUR MIND FOUNDATION
    124 SIBLEY AVENUE
    ARDMORE,PA19003     		NONE   TO PROMOTE BETTER MENTAL HEALTH FOR ALL AGES 1,500
    NEW MEXICO PBS
    1130 UNIVERSITY BLVD
    ALBUQUERQUE,NM87102     		NONE   EDUCATIONAL PROGRAMING 120
    NEW ORLEANS WOMENS AND CHILDREN SHE
    2020 SOUTH LIBERTY ST
    NEW ORLEANS,LA70113     		NONE   PROTECTION AND CARE FOR WOMEN AND CHILDREN IN NEED 500
    NEWMAN PARENTS ASSOCIATION
    1903 JEFFERSON AVE
    NEW ORLEANS,LA70115     		NONE   EDUCATIONAL ADVANCEMENT 500
    OGDEN MUSEUM OF SOUTHERN ART
    925 CAMP ST
    NEW ORLEANS,LA70130     		NONE   PROMOTE ART EDUCATION 5,000
    PEACEJAM FOUNDATION
    11200 RALSTON ROAD
    ARVADA,CO80004     		NONE   EDUCATION AND CARE OF CHILDREN 25,000
    SEVEN PEAKS SCHOOL
    19650 SW BLUE SKY LANE
    BEND,OR97702     		NONE   SUPPORTING EDUCATION 500
    VCPORA
    816 N RAMPART ST
    NEW ORLEANS,LA70116     		NONE   PRESERVE THE VIEUX CARRE AS A NATIONAL TREASURE 500
    COMMUNITIES IN SCHOOLS OF NM
    P O BOX 367
    SANTA FE,NM87504     		NONE   PROMOTING EDUCATIONAL PROGRAMING 2,500
    THE IDEA VILLAGE
    515 GIROD ST
    NEW ORLEANS,LA70130     		NONE   TO PROMOTE NEW ORLEANS BUSINESS AND TRADE 3,300
    Total .................................bullet 3a 105,820
    bApproved for future payment
    HERMANN GRIMA GALLIER HISTORIC HOME
    820 ST LOUIS ST
    NEW ORLEANS,LA70112     		NONE   COMMUNITY DEVELOPMENT 1,000
    BRANCHES OF BEND
    61370 CULTUS LAKE ST
    BEND,OR97702     		NONE   NATURE AND WILDLIFE STUDY 500
    BRIDGES PROJECT FOR EDUCATION
    112 A ALEXANDER ST
    TAOS,NM87571     		NONE   EDUCATION 500
    ISIDORE NEWMAN SCHOOL
    1903 JEFFERSON AVENUE
    NEW ORLEANS,LA70124     		NONE   EDUCATIONAL 500
    MILLICENT ROGERS MUSEUM
    P O BOX A
    TAOS,NM87571     		NONE   EDUCATIONAL COMMUNITY 5,000
    SANTA FE OPERA
    P O BOX 2408
    SANTA FE,NM875042408     		NONE   PROMOTION OF ARTS 5,000
    SANTA FE PREP
    1101 CAMINO DE LA CRUZ
    SANTA FE,NM87505     		NONE   EDUCATIONAL 7,000
    SECOND HARVEST FOOD BANK
    700 EDWARDS AVENUE
    NEW ORLEANS,LA70123     		NONE   CHARITY 1,000
    CO COMMUNITY COLLEGE
    2600 NW COLLEGE WAY
    BEND,OR97703     		NONE   EDUCATION 1,500
    TAOS COMMUNITY FOUNDATION
    114 DES GEORGES LANE
    TAOS,NM87571     		NONE   COMMUNITY DEVELOPMENT 1,000
    NDINM
    1140 ALTO ST
    SANTA FE,NM87501     		NONE   EDUCATION 500
    NEW MEXICO APPLESEED
    600 CENTRAL AVE SE
    ALBUQUERQUE,NM87102     		NONE   PROTECTION OF THE ENVIRONMENT 2,500
    NEW ORLEANS BOTANICAL GARDENS FOUND
    1 PALM DR
    NEW ORLEANS,LA70124     		NONE   COMMUNITY DEVELOPMENT 600
    NEW ORLEANS TOWN GARDENERS
    2800 CHARTES ST
    NEW ORLEANS,LA70124     		NONE   ENVIRONMENT DEVELOPMENT 600
    WORLD MUSE
    845 NW DELAWARE AVENUE
    BEND,OR97701     		NONE   EMPOWERING WOMEN AND GIRLS TO ADVANCE 8,000
    ST JOHNS COLLEGE
    1160 CAMINO CRUZ BLANCA
    SANTA FE,NM87505     		NONE   EDUCATION 5,000
    THE NATIONAL WWII MUSEUM
    900 E 15TH ST
    SWEETWATER,TX79556     		NONE   HISTORICAL 10,000
    VANDERBILT UNIVERSITY
    401 21ST AVE
    NASHVILLE,TN37203     		NONE   EDUCATIONAL SUPPORT 5,000
    AMERICAN CANCER SOCIETY
    P O BOX 22478
    OKLAHOMA CITY,OK73123     		NONE   MEDICAL RESEARCH 500
    TAOS ART MUSEUM
    227 PASEO DEL PUEBLO NORTR
    TAOS,NM87571     		NONE   PROMOTION OF THE ARTS 1,000
    TULANE UNIVERSITY
    6823 ST CHARLES ST
    NEW ORLEANS,LA70118     		NONE   EDUCATION 5,500
    MINDING YOUR MIND FOUNDATION
    124 SIBLEY AVENUE
    ARDMORE,PA19003     		NONE   TO PROMOTE BETTER MENTAL HEALTH FOR ALL AGES 1,500
    WELLESLEY CENTER FOR WOMEN
    106 CENTRAL ST
    WELLESLEY HILLS,MA024818203     		NONE   EDUCATION 500
    CRIMESTOPPERS GNO
    P O BOX 55249
    METAIRIE,LA700555249     		NONE   TO PROMOTE COMMUNITY PARTICIPATION IN SAFETY 300
    PEACEJAM FOUNDATION
    11200 RALSTON ROAD
    ARVADA,CO80004     		NONE   EDUCATION AND CARE OF CHILDREN 25,000
    COMMUNITIES IN SCHOOLS OF NM
    P O BOX 367
    SANTA FE,NM87504     		NONE   PROMOTION EDUCATIONAL PROGRAMING 3,500
    THE IDEA VILLAGE
    515 GIROD ST
    NEW ORLEANS,LA70130     		NONE   TO PROMOTE NEW ORLEANS BUSINESS AND TRADE 3,400
    Total .................................bullet 3b 96,400
    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 10  
    4 Dividends and interest from securities....     14 26,063  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....     14    
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18    
    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)..   26,073  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1326,073
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    CUDD FOUNDATION
     
    Employer identification number

    72-1101712
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    CUDD FOUNDATION
          		Employer identification number
    72-1101712
    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
     
     

    ROBERT CAROL CUDD III  
    P O BOX 1980
     
    EL PRADO, NM87529

    		$ 22,284


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

    72-1101712
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    CUDD FOUNDATION
          		Employer identification number

    72-1101712
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    CUDD FOUNDATION
    EIN:
    72-1101712
    Name of Stock End of Year Book Value End of Year Fair Market Value
    NEWMONT MNG CORP HLDG 0 0
    PHILLIPS 66 COM 0 0
    CVR PARTNERS LP 0 0
    CATERPILLAR INC 0 0
    PAN AMERICAN SILVER CORP 0 0
    POTASH CORP OF SASKATCHEWAN 0 0
    VALE SA SPONS ADR REPR 1 COM N 0 0
    CONOCOPHILLIPS 0 0
    DOW CHEMICAL 0 0
    BANK OF NOVA SCOTIA 0 0
    EXPRESS SCRIPTS HLDG 0 0
    GOLDMAN SACHS GROUP INC 0 0
    GILEAD SCIENCES 0 0
    GENERAL ELECTRIC 0 0
    MERCK AND CO INC NEW COM 0 0
    HALLIBURTON 0 0
    ISHARES BARCLAYS 1-3 0 0
    SAN JUAN BASIN RTY TR UNIT 0 0
    JPMORGAN CHASE 0 0
    JOHNSON & JOHNSON 0 0
    VISA 0 0
    NATL HEALTH INVESTORS 0 0
    VANGUARD SCOTTSDALE FDS ST COR 0 0
    PEPSICO 0 0
    PIMCO ETF TR ENHANCED SHORT 0 0
    PROCTER & GAMBLE 0 0
    ALTRIA GROUP INC 0 0
    PROSHARES TR PROSHARES 0 0
    ROYAL DUTCH SHELL 0 0
    SOUTHERN COPPER 0 0
    MARATHON PETROLEM USDO 0 0
    TECK COMINCO LTD CANADA 0 0
    TERRA NITROGEN CO LP 0 0
    UNTD TECHNOLOGIES 0 0
    3M CO 0 0
    PRUDHOE BAY ROYALTY TRUST UBI 0 0
    PIMCO UNCONSTRAINED BOND CLASS 0 0
    VANGUARD BD INDEX FD INC 0 0
    ISHARES TIPS BOND ETF 4,572 4,497
    ISHARES CORE TOTAL US BOND MAR 5,799 5,833
    ISHARES IBOXX INVESTMENT GRADE 5,862 5,815
    ISHARES JPMORGAN USD EMERGING 3,373 3,279
    ISHARES BOXX HIGH YIELD CORP 0 0
    ISHARES 1 TO 3 YR CREDIT BOND 5,806 5,753
    ISHARES US PREFERRED STOCK 4,708 4,701
    PIMCO ETF TR ENHANCED SHORT 5,903 5,835
    VANGUARD BD INDEX FD INC 7,630 7,559
    VANGUARD SCOTTSDALE FDS SHORT 8,849 8,768
    FIRST TR EXCHANGE TRADED FD 4,264 3,760
    ISHARES MSCI EMERGING MKTS 0 0
    ISHARES SELECT DIVIDEND ETF 14,222 14,955
    ISHARES S P 500 GROWTH ETF 20,404 23,160
    ISHARES S P 500 VALUE ETF 22,804 23,726
    ISHARES S P MID CAP 400 GROWTH 13,461 14,325
    ISHARES S P MIDCAP 400 VALUE 12,901 13,009
    ISHARES US REAL ESTATE ETF 1YR 5,661 6,157
    ISHARES S P SMALLCAP 600 VALUE 10,034 10,167
    ISHARES S P SMALLCAP GROWTH 11,883 12,804
    ISHARES MSCI ACWI ETF 14,266 14,178
    ISHARES INTERNATIONAL DIVIDEND 9,726 8,154

    TY 2015 InvestmentsOtherSchedule2
    Name:
    CUDD FOUNDATION
    EIN:
    72-1101712
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    O CONNOR GLOBAL MS ALPHA   750,000 894,742
    BALYASNY ATLAS   500,000 547,403

    TY 2015 OtherDecreasesSchedule
    Name:
    CUDD FOUNDATION
    EIN:
    72-1101712
    Description Amount
    DECREASE IN INVESTMENT BASIS 3,842


    TY 2015 OtherExpensesSchedule
    Name:
    CUDD FOUNDATION
    EIN:
    72-1101712
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 415 415 0 415
    ROYALTY FEES 857 857 0 857


    TY 2015 OtherIncomeSchedule2
    Name:
    CUDD FOUNDATION
    EIN:
    72-1101712
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ORDINARY INC PASS THROUGH ENTI 10,082 10,082 0
    ROYALTIES 1,544 1,544 0


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    CUDD FOUNDATION
    EIN:
    72-1101712
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BROKER FEES 16,214 16,214 0 16,214
    ADVISORY FEES 10,412 10,412 0 10,412


    TY 2015 SubstantialContributorsSch
    Name:
    CUDD FOUNDATION
    EIN:
    72-1101712
    Name Address
    ROBERT C AND CAROL CUDD P O BOX 1980
    EL PRADO,NM875291980


    TY 2015 TaxesSchedule
    Name:
    CUDD FOUNDATION
    EIN:
    72-1101712
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 667 667 0 667
    LA FILING FEE 50 50 0 50
    TAX EXPENSE 183 183 0 183