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 07-01-2015 , and ending 06-30-2016
Name of foundation
THE CARPENTER FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)824 EAST MAIN ST No 102
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MEDFORD, OR97504
A Employer identification number

93-0491360
B Telephone number (see instructions)

(541) 772-5851
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$17,325,685J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 360 360  
4 Dividends and interest from securities... 535,258 535,258  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,144,093
b Gross sales price for all assets on line 6a 5,594,900
7 Capital gain net income (from Part IV, line 2)... 1,144,093
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 251,957 238,309  
12 Total. Add lines 1 through 11........ 1,931,668 1,918,020  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 54,251 31,189   23,062
14 Other employee salaries and wages...... 94,220 20,199   74,021
15 Pension plans, employee benefits....... 26,856 10,027   14,101
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 15,975 7,988   7,988
c Other professional fees (attach schedule).... Click to see attachment 18,679 18,679   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,317 484   1,200
19 Depreciation (attach schedule) and depletion... Click to see attachment 902 902  
20 Occupancy.............. 14,790 0   14,790
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 17,993 6,894   11,100
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 245,983 96,362   146,262
25 Contributions, gifts, grants paid....... 811,563 811,563
26 Total expenses and disbursements. Add lines 24 and 25 1,057,546 96,362   957,825
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 874,122
b Net investment income (if negative, enter -0-) 1,821,658
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 103,183 64,940 64,940
2 Savings and temporary cash investments......... 18,620 51,616 51,616
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)....... 13,099,453 Click to see attachment14,792,273 14,886,660
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).......... 3,559,998 Click to see attachment2,693,994 2,301,448
14 Land, buildings, and equipment: basis bullet19,437
Less: accumulated depreciation (attach schedule) bullet17,304 3,035 Click to see attachment2,133 2,133
15 Other assets (describe bullet) Click to see attachment933 Click to see attachment18,888 Click to see attachment18,888
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 16,785,222 17,623,844 17,325,685
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................. 211,400 163,325
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 attachment39,395 Click to see attachment3,895
23 Total liabilities (add lines 17 through 22)......... 250,795 167,220
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 16,534,427 17,456,624
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)..... 16,534,427 17,456,624
31 Total liabilities and net assets/fund balances (see instructions). 16,785,222 17,623,844
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
16,534,427
2
Enter amount from Part I, line 27a .....................
2
874,122
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
48,075
4
Add lines 1, 2, and 3 ..........................
4
17,456,624
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
17,456,624
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 SALES OF SECURITIES P    
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 5,594,900   4,450,807 1,144,093
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       1,144,093
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 1,144,093
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 670,359 19,128,912 0.035044
2013 862,927 18,758,685 0.046001
2012 872,874 17,355,533 0.050294
2011 855,872 16,836,509 0.050834
2010 775,582 17,193,422 0.045109
2
Total of line 1, column (d) .....................
20.227282
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
0.045456
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
17,924,777
5
Multiply line 4 by line 3......................
5
814,789
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
18,217
7
Add lines 5 and 6........................
7
833,006
8
Enter qualifying distributions from Part XII, line 4.............
8
957,825
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 18,217
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 18,217
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 18,217
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 30,840
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 30,840
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 27
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 12,596
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet12,596 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOR
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.CARPENTER-FOUNDATION.ORG
    14
    The books are in care ofbulletTHE CARPENTER FOUNDATION Telephone no.bullet (541) 772-5851

    Located atbullet824 E MAIN STREET SUITE 102MEDFORDOR ZIP+4bullet97504
    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
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
    Yes
     
    .........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). Click to see attachment
    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
    EMILY MOSTUE TRUSTEE/PRESIDENT
    12.00     		38,107 1,143 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    KAREN C ALLAN TRUSTEE/VP & SEC
    3.00     		13,612 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    WILLIAM MOFFAT TRUSTEE/TREASURER/INVESTME
    5.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    SUE NAUMES FAMILY TRUSTEE
    3.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    DAN THORNDIKE FAMILY TRUSTEE
    3.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    SARA HOPKINS POWELL PUBLIC TRUSTEE
    3.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    MARK SCHIVELEY PUBLIC TRUSTEE
    3.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    LEE MURDOCH PUBLIC TRUSTEE
    3.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    LINDA HUGLE PUBLIC TRUSTEE
    3.00     		0 0 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    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
    PAULA WILLIAMS PROGRAM OFFICER
    40.00     		63,817 1,914 0
    824 E MAIN STREET SUITE 102
    MEDFORD,OR97504
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    17,656,714
    b
    Average of monthly cash balances.......................
    1b
    538,896
    c
    Fair market value of all other assets (see instructions)................
    1c
    2,133
    d
    Total (add lines 1a, b, and c).........................
    1d
    18,197,743
    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
    18,197,743
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    272,966
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    17,924,777
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    896,239
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    896,239
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    18,217
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
    487
    c
    Add lines 2a and 2b............................
    2c
    18,704
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    877,535
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    877,535
    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
    877,535
    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
    957,825
    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
    957,825
    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
    18,217
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    939,608
    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 7 877,535
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 396,671
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 957,825
    a Applied to 2014, but not more than line 2a 396,671
    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 2015 distributable amount..... 561,154
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		316,381
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    THE CARPENTER FOUNDATION
    824 EAST MAIN ST NO 102
    MEDFORD,OR97504
    (541) 772-5732
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS SHOULD INCLUDE: 1) COVER LETTER SUMMARIZING PROJECT SCOPE, AMOUNT OF REQUEST, & CONTACT INFORMATION. 2) PROPOSAL (4 PAGES OR LESS): a) DESCRIPTION OF PROPOSAL/PROJECT, COMMUNITY NEEDS OR STRENGTHS IT ADDRESSES b) APPLICANT ORGANIZATION'S PURPOSE, SERVICES TO COMMUNITY, STAFFING & USE OF VOLUNTEERS, c) PROJECT BUDGET, SPECIFICALLY HOW GRANT FUNDS WILL BE USED, & OTHER POSSIBLE FUNDING SOURCES, d) DESCRIPTION OF FUTURE PROJECT FUNDING (IF APPLICABLE), e) PROJECT PLANNING PROCESS, STAFFING, & TIMELINE, f) RESULT EXPECTED & PROPOSED EVALUATION METHOD, g) ANY RECENT INDEPENDENT BOARD FUNDRAISING EFFORTS. 3) REQUIRED ATTACHMENTS (DO NOT STAPLE OR CLIP): a) DETAILED BUDGET FOR CURRENT YEAR & YEAR FOR WHICH THE PROJECT IS PROPOSED (IF DIFFERENT), b) INCOME STATEMENT & BALANCE SHEET FROM MOST RECENTLY COMPLETED FISCAL YEAR (OR AUDIT, IF AVAILABLE), c) LIST OF BOARD OF DIRECTORS, OCCUPATIONS, & ADDRESSES, d) BOARD APPROVAL OF APPLICATION, e) COPY OF IRS 501(C)(3) EXEMPTION LETTER.
    cAny submission deadlines:
    GRANT APPLICATION DEADLINES ARE SET QUARTERLY. PLEASE CALL (541)772-5732 FOR DEADLINE DATES.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANT APPLICATIONS WILL BE ACCEPTED ONLY FROM 501(C)(3) ORGANIZATIONS. NO GRANTS TO INDIVIDUALS WILL BE MADE. ONLY ONE GRANT PER YEAR TO ANY AGENCY IS USUALLY CONSIDERED. THE FOUNDATION MAKES GRANTS ONLY WITHIN JACKSON AND JOSEPHINE COUNTIES WITH THE EXCEPTION OF A FEW STATEWIDE PUBLIC INTEREST ISSUES DIRECTLY AFFECTING PERSONS LIVING IN THESE COUNTIES. THE FOUNDATION RARELY MAKES MULTI-YEAR GRANTS, GRANTS FOR HISTORICAL APPLICATIONS, HOSPITAL CONSTRUCTION OR EQUIPMENT, GROUP OR INDIVIDUAL TRIPS, OR ACTIVITIES FOR RELIGIOUS PURPOSES.
    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
    AMERICAN HEART ASSOCIATION
    4380 SW MACADAM AVE
    PORTLAND,OR97239     		  PC IN SUPPORT OF TEACHING CPR TO MIDDLE SCHOOL STUDENTS AND UP TO COMMUNITY MEMBERS 3,000
    ASHLAND HIGH SCHOOL
    201 S MOUNTAIN AVENUE
    ASHLAND,OR97520     		  GOV STUDENT COLLEGE SCHOLARSHIPS. 14,400
    BALLET FOLKLORICO RITMO ALEGRE
    PO BOX 795
    TALENT,OR97540     		  PC DANCE PROGRAM AT KIDS UNLIMITED 3,000
    BARNSTORMERS THEATRE
    112 NE EVELYN AVENUE
    GRANTS PASS,OR97526     		  PC PURCHASE OF LED TRACK LIGHTING AND A NEW INTERCOM SYSTEM. 4,000
    BEAR CREEK WATERSHED EDUCATION PARTNERS
    PO BOX 751
    ASHLAND,OR97520     		  PC IN SUPPORT OF A WATERSHED SYMPOSIUM FOR LOCAL STUDENTS. 1,500
    BOYS & GIRLS CLUBS OF THE ROGUE VALLEY
    203 SE 9TH STREET
    GRANTS PASS,OR97526     		  PC IN SUPPORT OF AN ONGOING AFTER SCHOOL PROGRAM. 10,000
    BRAVA OPERA THEATER
    2924 SISKIYOU BLVD SUITE 204
    ASHLAND,OR97520     		  PC IN SUPPORT OF VARIOUS OPERA COMPETITIONS AND PERFORMANCES. 5,000
    BRITT FESTIVALS
    PO BOX 1124
    MEDFORD,OR97501     		  PC IN SUPPORT OF THE 2016 BRITT CLASSICAL FESTIVAL. 22,000
    BUTTE FALLS COMMUNITY SCHOOL PARTNERSHIP
    PO BOX 358
    BUTTE FALLS,OR97522     		  PC IN SUPPORT OF AN OUTDOOR-BASED PRESCHOOL PROGRAM FOR 3-5 YEAR OLDS. 5,000
    BUTTE FALLS HIGH SCHOOL
    625 FIR
    BUTTE FALLS,OR97522     		  GOV STUDENT COLLEGE SCHOLARSHIPS. 1,100
    CARE FOUNDATION
    4616 25TH AVE NE 477
    SEATTLE,WA30303     		  PC A GRANT MADE IN MEMORY OF HELEN BUNDY CARPENTER. 3,000
    CARE FOUNDATION
    4616 25TH AVENUE NE 477
    SEATTLE,WA98105     		  PC A GRANT MADE IN MEMORY OF HELEN B CARPENTER. 3,000
    CENTER FOR NONPROFIT LEGAL SERVICES
    PO BOX 1586
    MEDFORD,OR97501     		  PC IN SUPPORT OF CITIZENSHIP CLASSES TO PREPARE FOR THE NATURALIZATION EXAM. 7,500
    CHILDREN'S ADVOCACY CENTER OF JACKSON COUNTY
    816 W 10TH ST
    MEDFORD,OR97501     		  PC TO RE-DESIGN THE INTAKE BROCHURE FOR CLIENTS RECEIVING SERVICES. 5,000
    CLASSROOM LAW PROJECT
    620 SW MAIN STREET SUITE 102
    PORTLAND,OR97205     		  PC IN SUPPORT OF PROFESSIONAL DEVELOPMENT PROGRAMS FOR LOCAL TEACHERS. 4,000
    COMMUNITY WORKS
    201 W MAIN STREET SUITE 3D
    MEDFORD,OR97501     		  PC DEVELOPMENT SUPPORT. 7,500
    COMPASS HOUSE
    332 W 6TH STREET
    MEDFORD,OR97501     		  PC TOWARD THE PURCHASE OF A CAR TO PROVIDE TRANSPORTATION FOR MEMBERS OF THE COMPASS HOUSE. 10,000
    CONSUMER CREDIT COUNSELING SERV OF SO OREGON
    820 CRATER LAKE AVENUE 202
    MEDFORD,OR97504     		  PC IN SUPPORT OF A PROGRAM TO PROVIDE FINANCIAL LITERACY EDUCATION. 5,000
    COYOTE TRAILS SCHOOL OF NATURE
    2931 S PACIFIC HWY
    MEDFORD,OR97501     		  PC IN SUPPORT OF AN OUTDOOR EDUCATION PROGRAM. 4,000
    CRATER HIGH SCHOOL
    300 ASH STREET
    CENTRAL POINT,OR97502     		  GOV STUDENT COLLEGE SCHOLARSHIPS. 16,500
    CRATERIAN PERFORMANCES COMPANY
    23 S CENTRAL AVE
    MEDFORD,OR97501     		  PC PURCHASE AND INSTALLATION OF FRONT FILL SPEAKERS FOR THE AUDITORIUM 10,000
    CROSSING BRIDGES THERAPEUTIC RIDING CENTER
    PO BOX 2276
    GRANTS PASS,OR97528     		  PC TOWARD THE CONSTRUCTION OF AN INDOOR RIDING ARENA. 5,000
    DANCING PEOPLE COMPANY
    310 OAK ST SUITE 5
    ASHLAND,OR97520     		  PC IN SUPPORT OF AN ONGOING DANCE RESIDENCY PROGRAM AND A NEW MANAGING DIRECTOR POSITION. 7,500
    EAGLE POINT HIGH SCHOOL
    PO BOX 198
    EAGLE POINT,OR97524     		  GOV STUDENT COLLEGE SCHOLARSHIPS. 12,000
    EAGLE POINT PARKS FOUNDATION
    PO BOX 1205
    EAGLE POINT,OR97524     		  PC TOWARD THE CONSTRUCTION OF A RESTROOM FACILITY AT LUCAS PARK. 5,000
    ENVIRONMENTAL EDUCATION ASSOC OF SOUTHERN OREGON
    PO BOX 66014
    PORTLAND,OR97290     		  PC SUPPORT OF AN EVIRONMENTAL WORKSHOP FOR TEACHERS. 5,000
    Eugene Debbs Potts Foundation
    PO Box 324
    MERLIN,OR97532     		  POF Toward the purchase and installation of informational signs. 1,000
    FAMILY NURTURING CENTER
    212 N OAKDALE
    MEDFORD,OR97501     		  PC TOWARD INSTALLING IRRIGATION AND AN ESTABLISHMENT OF ON ORCHARD. 5,000
    FAMILY SOLUTIONS
    1836 FREMONT ST
    ASHLAND,OR97520     		  PC FOR RENOVATIONS AT THE GIRLS GROUP HOME. 4,900
    GRANTS PASS MUSEUM OF ART
    PO BOX 966
    GRANTS PASS,OR97526     		  PC HEAT PUMP PURCHASE. 7,000
    GRANTS PASS SCHOOL DISTRICT #7
    725 NE DEAN DRIVE
    GRANTS PASS,OR97527     		  GOV MUSICAL INSTRUMENTS PURCHASE. 5,000
    HEART & HOPE MUSIC
    321 S CLAY ST 98
    ASHLAND,OR97520     		  PC GENERAL OPERATING SUPPORT FOR A MUSIC THERAPY PROGRAM IN ADULT FOSTER HOMES. 5,000
    HEARTS WITH A MISSION
    521 EDWARDS ST
    MEDFORD,OR97501     		  PC IN SUPPORT OF A NEW PROGRAM PROVIDING SAFE HOST HOMES FOR HOMELESS YOUTH. 5,000
    HIDDEN VALLEY HIGH SCHOOL
    651 MURPHY CREEK ROAD
    GRANTS PASS,OR97527     		  GOV TOWARD THE UPGRADE OF THE GIRLS SOFTBALL FIELD. 5,000
    HOPE EQUESTRIAN CENTER
    PO BOX 396
    EAGLE POINT,OR97524     		  PC TO PROVIDE SCHOLARSHIPS FOR PARTICIPATION IN A THERAPEUTIC RIDING PROGRAM. 6,000
    ILLINOIS VALLEY SAFE HOUSE ALLIANCE
    PO BOX 2490
    CAVE JUNCTION,OR97523     		  PC TO PROVIDE A DEEPER UNDERSTANDING OF THE DYNAMICS OF DOMESTIC VIOLENCE. 5,000
    JACKSON COUNTY COUNCIL AGAINST DOMESTICSEXUAL VIOLENCE
    PO BOX 4024
    MEDFORD,OR97501     		  PC TOWARD THE CREATION OF A WEBSITE. 3,000
    JACKSON COUNTY LIBRARY SYSTEM
    205 S CENTRAL AVENUE
    MEDFORD,OR97501     		  GOV A GRANT MADE IN MEMORY OF ASV CARPENTER TOWARD THE PURCHASE OF BOOKS. 3,000
    JACKSON COUNTY LIBRARY SYSTEM
    205 S CENTRAL AVE
    MEDFORD,OR97501     		  GOV A GRANT TO PURCHASE BOOKS IN MEMORY OF ALFRED SV CARPENTER. 3,000
    JOSEPHINE COUNTY
    PO BOX 672
    GRANTS PASS,OR97526     		  GOV TOWARD THE PURCHASE OF PAINT FOR THE ROOF OF THE FLORAL BUILDING AT THE FAIRGROUNDS. 3,000
    JPR FOUNDATION INC
    1250 SISKIYOU BLVD
    ASHLAND,OR97520     		  PC IN SUPPORT OF RESTORATION AT THE HOLLY THEATRE. 5,000
    JUNIOR LEAGUE OF JACKSON COUNTY
    PO BOX 1504
    MEDFORD,OR97501     		  PC IN SUPPORT OF A PROGRAM TO PROVIDE BACKPACKS FILLED WITH FOOD TO LOW INCOME CHILDREN. 3,000
    KLAMATH-SISKIYOU WILDLANDS CENTER
    PO BOX 102
    ASHLAND,OR97520     		  PC CONSTRUCTION OF A WOOD FENCE ALONG A FOREST SERVICE ROAD TO PREVENT OFF-ROAD VEHICLE ENTRY. 2,500
    LA CLINICA DEL VALLE
    3617 S PACIFIC HWY
    MEDFORD,OR97501     		  PC TO ASSIST WITH THE PURCHASE AND REMODELING OF A MEDICAL FACILITY. 25,000
    LOMAKATSI RESTORATION PROJECT
    PO BOX 3084
    ASHLAND,OR97520     		  PC RESTORATION ECOLOGY EDUCATION PROGRAM. 6,000
    LOTUS RISING PROJECT
    249 WIMER STREET 34
    ASHLAND,OR97520     		  PC IN SUPPORT OF LGBT CLUBS IN LOCAL SCHOOLS. 3,000
    MAGDALENE HOME
    12 BLACK OAK DRIVE
    MEDFORD,OR97504     		  PC IN SUPPORT OF A PROGRAM SERVING TEENAGE MOTHERS. 3,000
    MASLOW PROJECT
    500 MONROE STREET
    MEDFORD,OR97501     		  PC TOWARD PROVIDING COMPREHENSIVE CASE MANAGEMENT SERVICES TO HOMELESS YOUTH AND THEIR FAMILIES. 10,000
    MEDFORD SCHOOL DISTRICT
    815 S OAKDALE AVENUE
    MEDFORD,OR97501     		  Gov TUITION SUPPORT FOR HIGH SCHOOL STUDENTS TO ATTEND A RESIDENTIAL ARTS PROGRAM. 5,000
    MEDICAL TEAMS INTERNATIONAL
    PO BOX 10
    PORTLAND,OR97207     		  PC IN SUPPORT OF A PROGRAM PROVIDING FREE DENTAL CLINICS TO LOW-INCOME RESIDENTS. 5,000
    MIRACLE THEATRE GROUP
    425 SE 6TH AVE
    PORTLAND,OR97214     		  PC IN SUPPORT OF A BILINGUAL THEATRE ARTS RESIDENCY AT A LOCAL HIGH SCHOOL. 2,000
    MODERN ROOTS FOUNDATION
    910 GLENDALE AVENUE
    ASHLAND,OR97520     		  PC PROVIDE SCHOLARSHIPS FOR YOUTH TO PARTICIPATE IN MUSIC PROGRAMS AND LESSONS. 3,000
    MULTICULTURAL ASSOCIATION OF SOUTHERN OREGON
    PO BOX 67
    MEDFORD,OR97501     		  PC IN SUPPORT OF STAFFING TO PRODUCE A NEW LOCAL NEWS RADIO SHOW ON KSKQ. 3,000
    NONPROFIT ASSOCIATION OF OREGON
    5100 SW MACADAM AVENUE SUITE 36
    PORTLAND,OR97239     		  PC IN SUPPORT OF TRAINING FOR LOCAL NONPROFIT STAFF AND BOARD MEMBERS. 8,000
    NORTH MEDFORD HIGH SCHOOL
    1900 N KEENE WAY DRIVE
    MEDFORD,OR97504     		  GOV THEATRE WORKSHOPS AT NORTH AND SOUTH MEDFORD HIGH SCHOOLS. 2,200
    NORTH MEDFORD HIGH SCHOOL
    1900 N KEENE WAY DRIVE
    MEDFORD,OR97504     		  GOV STUDENT COLLEGE SCHOLARSHIPS. 21,500
    OPTIONS FOR SOUTHERN OREGON
    1215 SW G STREET
    GRANTS PASS,OR97526     		  PC PROPERTY RENOVATION TO PROVIDE MENTAL HEALTH SERVICES. 10,000
    OREGON CONSERVATORY OF PERFORMING ARTS
    PO BOX 1357
    MEDFORD,OR97501     		  PC TOWARD STRENGTHENING THE BOARD OF DIRECTORS. 2,000
    OREGON LIONS SIGHT & HEARING FOUNDATION
    1010 NW 22ND AVENUE N144
    PORTLAND,OR97210     		  PC IN SUPPORT OF A PROGRAM PROVIDING VISION SCREENING SERVICES TO ELEMENTARY SCHOOL CHILDREN. 5,000
    OREGON MUSEUM OF SCIENCE & INDUSTRY
    1945 SE WATER AVENUE
    PORTLAND,OR97214     		  PC TOWARD THE COST OF BRINGING SCIENCE EDUCATION PROGRAMS TO JACKSON AND JOSEPHINE COUNTIES. 2,500
    OREGON NONPROFIT LEADERS CONFERENCE
    C/O UNITED WAY-769 SPRING STREET
    MEDFORD,OR97504     		  PC SPONSORSHIP FOR SPRING 2016 CONFERENCE. 1,500
    OREGON SHAKESPEARE FESTIVAL
    PO BOX 158
    ASHLAND,OR97520     		  PC TO PROVIDE SPECIAL MATINEES AND REDUCED-PRICE PERFORMANCES FOR LOW INCOME RESIDENTS. 25,000
    OREGON STEWARDSHIP
    4015 S STAGE ROAD
    MEDFORD,OR97501     		  PC TOWARD AN ASSISTANT PROGRAM MANAGER STAFF POSITION. 5,250
    PACIFICA A GARDEN IN THE SISKIYOUS
    PO BOX 1
    WILLIAMS,OR97544     		  PC TOWARD THE REPLACEMENT OF FLOORING IN THE FACILITY. 5,000
    PATRICK ELEMENTARY SCHOOL
    1500 2ND AVENUE
    GOLD HILL,OR97525     		  GOV IN SUPPORT OF PROVIDING A WEEKLY ART PROGRAM TO STUDENTS. 5,000
    PEACE HOUSE
    PO BOX 524
    ASHLAND,OR97520     		  PC TO SUPPORT UNCLE FOOD'S DINER, A MEAL PROGRAM FOR HOMELESS AND NEEDY RESIDENTS IN ASHLAND. 3,000
    PHOENIX HIGH SCHOOL
    PO BOX 697
    PHOENIX,OR97535     		  GOV STUDENT COLLEGE SCHOLARSHIPS. 9,100
    PHOENIX-TALENT SCHOOL DISTRICT
    PO BOX 698
    PHOENIX,OR97535     		  GOV IN SUPPORT OF A RESIDENTIAL PROGRAM AT SOUTHERN OREGON UNIVERSITY FOR LATINO STUDENTS. 15,000
    PLANNED PARENTHOOD OF SW OREGON
    125 S CENTRAL AVENUE 201
    MEDFORD,OR97501     		  PC YOUTH LEADERSHIP AND EDUCATION PROGRAM. 8,000
    PROSPECT HIGH SCHOOL
    PO BOX 40
    PROSPECT,OR97536     		  GOV STUDENT COLLEGE SCHOLARSHIPS. 1,100
    REACHING OUR COMMUNITY
    564 SW FOUNDRY ST
    GRANTS PASS,OR97526     		  PC IN SUPPORT OF STAFF POSITIONS AT THE ROC FOOD BANK. 10,000
    ROGUE BASIN PARTNERSHIP
    PO BOX 1214
    MEDFORD,OR97501     		  PC IN SUPPORT OF THE COORDINATOR STAFF POSITION. 4,000
    ROGUE COMMUNITY COLLEGE FOUNDATION
    3345 REDWOOD HWY
    GRANTS PASS,OR97527     		  PC FOR JACKSON & JOSEPHINE COUNTY SCHOLARSHIPS. 25,000
    ROGUE COMMUNITY COLLEGE FOUNDATION
    3345 REDWOOD HWY
    GRANTS PASS,OR97527     		  PC FOR JACKSON & JOSEPHINE COUNTY SCHOLARSHIPS. 25,000
    ROGUE GALLERY & ART CENTER
    40 S BARTLETT ST
    MEDFORD,OR97501     		  PC IN SUPPORT OF THE 2016 VISUAL ART EXHIBITION SERIES. 7,500
    ROGUE RIVER HIGH SCHOOL
    PO BOX 1045
    ROGUE RIVER,OR97537     		  GOV STUDENT COLLEGE SCHOLARSHIPS. 4,500
    ROGUE RIVER SCHOOL DISTRICT
    PO BOX 1045
    ROGUE RIVER,OR97537     		  GOV MUSICAL INSTRUMENTS PURCHASE. 5,000
    ROGUE RIVER SCHOOL DISTRICT
    PO BOX 1045
    ROGUE RIVER,OR97537     		  Gov TOWARD THE REPLACEMENT OF THE STADIUM BLEACHERS AT THE HIGH SCHOOL. 4,000
    ROGUE VALLEY CHORALE ASSOCIATION
    319 7TH STREET
    ROGUE RIVER,OR97537     		  PC FOR COSTS ASSOCIATED WITH THE PERFORMANCE OF THE MIZA AZTECA CONCERT. 3,000
    ROGUE VALLEY FARM TO SCHOOL
    PO BOX 898
    ASHLAND,OR97520     		  PC GENERAL OPERATING SUPPORT. 6,000
    ROGUE VALLEY SYMPHONY
    1250 SISKIYOU BLVD
    ASHLAND,OR97520     		  PC IN SUPPORT OF THE CHAMBER PLAYERS AND CLASSICAL COACHES IN THE CLASSROOM PROGRAMS IN LOCAL SCHOOLS. 12,000
    ROOTS & WINGS CHILD DEVELOPMENT
    3703 INTERNATIONAL WAY
    MEDFORD,OR97504     		  PC TO PROVIDE TUITION ASSISTANCE FOR LOW-INCOME CHILDREN TO PARTICIPATE IN THE PRE-SCHOOL PROGRAM. 4,000
    RUSK RANCH NATURE CENTER
    PO BOX 872
    CAVE JUNCTION,OR97523     		  PC TOWARD DEVELOPMENT OF PROFESSIONAL ARCHITECTURAL AND LANDSCAPE DESIGNS FOR A NEW NATURE CENTER. 5,000
    SALVATION ARMY-GRANTS PASS
    PO BOX 1065
    GRANTS PASS,OR97528     		  PC TOWARD THE PURCHASE OF FOOD TO BE DISTRIBUTED TO PERSONS IN NEED. 7,500
    SAM'S VALLEY ELEMENTARY SCHOOL
    14235 TABLE ROCK ROAD
    CENTRAL POINT,OR97502     		  GOV TOWARD THE PURCHASE OF AN LED READER BOARD. 4,500
    SANCTUARY ONE AT DOUBLE OAK FARM
    13195 UPPER APPLEGATE RD
    JACKSONVILLE,OR97530     		  PC FOR COSTS RELATED TO MAKING THE EDUCATIONAL GARDEN ACCESSIBLE TO THOSE WITH MOBILITY ISSUES. 3,000
    SCIENCE WORKS HANDS-ON MUSEUM
    1500 E MAIN STREET
    ASHLAND,OR97520     		  PC IN SUPPORT OF BRINGING LOCAL SCHOOL CHILDREN TO THE MUSEUM FOR SCIENCE PROGRAMS. 15,000
    SISKIYOU VIOLINS
    PO BOX 4546
    MEDFORD,OR97501     		  PC GENERAL OPERATING SUPPORT. 3,000
    SMART (START MAKING A READER TODAY)
    101 SW MARKET STREET
    PORTLAND,OR97201     		  PC TO SUPPORT THE SMART READING PROGRAM IN CENTRAL POINT ELEMENTARY SCHOOLS. 5,000
    SOUTH MEDFORD HIGH SCHOOL
    815 S OAKDALE AVENUE
    MEDFORD,OR97501     		  GOV STUDENT COLLEGE SCHOLARSHIPS. 19,800
    SOUTHERN OREGON CHILD & FAMILY COUNCIL
    PO BOX 3697
    CENTRAL POINT,OR97502     		  PC IN SUPPORT OF A FAMILY LITERACY PROGRAM FOR LATINO FAMILIES. 17,000
    SOUTHERN OREGON EDUCATION SERVICE DISTRICT
    101 N GRAPE STREET
    MEDFORD,OR97501     		  GOV IN SUPPORT OF THE INDIAN EDUCATION PROGRAM. 4,000
    SOUTHERN OREGON FILM SOCIETY
    PO BOX 218
    ASHLAND,OR97520     		  PC TOWARD A VARIETY OF ART PROGRAMS TARGETING UNDERSERVED AND RURAL COMMUNITIES. 4,000
    SOUTHERN OREGON FRIENDS OF HOSPICE
    PO BOX 1182
    ASHLAND,OR97520     		  PC PURCHASE/RENOVATION OF A HOME FOR HOSPICE CARE SERVICES. 20,000
    SOUTHERN OREGON HISTORICAL SOCIETY
    106 N CENTRAL
    MEDFORD,OR97501     		  PC IN SUPPORT OF THE DEVELOPMENBT DIRECTOR STAFF POSITION AND RELATED EXPENSES. 5,000
    SOUTHERN OREGON LAND CONSERVANCY (AWARDED 2014-15)
    84 4TH ST
    ASHLAND,OR97520     		  PC INCREASE ORGANIZATIONAL CAPACITY 3,000
    SOUTHERN OREGON MUSIC FESTIVAL
    PO BOX 1830
    JACKSONVILLE,OR97530     		  PC TO PROVIDE MUSICAL INSTRUMENTS AND INSTRUCTION TO LOCAL STUDENTS. 5,000
    SOUTHERN OREGON REPERTORY SINGERS
    PO BOX 1091
    ASHLAND,OR97520     		  PC GENERAL OPERATING SUPPORT. 5,000
    SOUTHERN OREGON UNIVERSITY
    1250 SISKIYOU BLVD
    ASHLAND,OR97520     		  GOV IN SUPPORT OF FACULTY DEVELOPMENT OPPORTUNITIES WHICH IMPROVE TEACHING SKILLS. 25,000
    SOUTHERN OREGON UNIVERSITY
    1250 SISKIYOU BLVD
    ASHLAND,OR97520     		  Gov IN SUPPORT OF FACULTY DEVELOPMENT OPPORTUNITIES WHICH IMPROVE TEACHING SKILLS. 25,000
    SPARTAN BOXING
    729 WELCH STREET
    MEDFORD,OR97501     		  PC GENERAL OPERATING SUPPORT. 3,500
    SPECIAL OLYMPICS OREGON
    5901 SW MACADAM AVENUE SUITE 20
    PORTLAND,OR97239     		  PC IN SUPPORT OF FITNESS AND NUTRITION PROGRAMS FOR PERSONS WITH DISABILITIES. 3,000
    ST CLAIR PRODUCTIONS
    PO BOX 835
    ASHLAND,OR97520     		  PC TO SUPPORT THE ECLECTIC MUSIC SERIES. 2,000
    ST MARK'S EPISCOPAL CHURCH
    426 W 6TH STREET
    MEDFORD,OR97501     		  PC IN SUPPORT OF THE FOOD PANTRY PROGRAM. 5,000
    ST VINCENT DE PAUL SOCIETY
    PO BOX 1663
    MEDFORD,OR97501     		  PC TO ASSIST LOCAL FAMILIES IN JEOPARDY OF HAVING THEIR UTILITIES DISCONNECTED. 15,000
    THE NEIGHBORHOOD FOOD PROJECT
    219 ALMOND STREET
    ASHLAND,OR97520     		  PC IN SUPPORT OF PROGRAM EXPANSION. 5,800
    THE VALLEY SCHOOL OF SOUTHERN OREGON
    PO BOX 1225
    MEDFORD,OR97501     		  PC TOWARD THE PURCHASE OF COMPUTERS FOR STUDENT USE. 2,000
    UNITED WAY OF JACKSON COUNTY
    1457 E MCANDREWS ROAD
    MEDFORD,OR97504     		  PC GENERAL OPERATING SUPPORT. 20,000
    UPPER ROGUE COMMUNITY CENTER
    PO BOX 216
    SHADY COVE,OR97539     		  PC TOWARD COSTS ASSOCIATED WITH PROVIDING MONTHLY FAMILY EVENTS AT THE COMMUNITY CENTER. 2,000
    WHEEL TO WALK FOUNDATION
    PO BOX 20146
    PORTLAND,OR97294     		  PC TO PROVIDE DURABLE MEDICAL EQUIPMENT AND SERVICES TO CHILDREN WITH DISABILITIES. 3,000
    WHITE OAK FARM & EDUCATION CENTER
    PO BOX 450
    WILLIAMS,OR97544     		  PC TO PROVIDE SCHOLARSHIPS TO CHILDREN TO BE ABLE TO ATTEND SUMMER CAMPS AND PRESCHOOL. 3,000
    WOMEN'S CRISIS SUPPORT TEAM
    560-A NE F STREET 430
    GRANTS PASS,OR97526     		  PC TO SUPPORT A VIOLENCE PREVENTION EDUCATION PROGRAM IN LOCAL HIGH SCHOOLS. 10,000
    YOGA BLUE
    3130 E OJAI AVENUE
    CAMARILLO,CA93012     		  PC IN SUPPORT OF MIND BODY OUTREACH PROGRAMS. 2,000
    YOUTH SYMPHONY OF SOUTHERN OREGON
    PO BOX 4291
    MEDFORD,OR97501     		  PC IN SUPPORT OF GENERAL OPERATIONS. 8,000
    ZZ PRIOR YEAR GRANT PROCEEDS RETURNED TO IN THE CURRENT YEAR
    N/A
    NA,OR97504     		  N/A PRIOR YEAR GRANT PROCEEDS RETURNED TO CARPENTER FOUNDATION IN THE CURRENT YEAR. -3,087
    Total .................................bullet 3a 811,563
    bApproved for future payment
    AGE FRIENDLY INNOVATORS
    PO BOX 688
    JACKSONVILLE,OR97530     		  PC TO PURCHASE LIABILITY INSURANCE, A COMPUTER TABLET, AND HOME SAFETY DEVICES FOR SENIORS. 4,000
    ASSIST
    4412 SW BARBUR BLVD
    PORTLAND,OR97239     		  PC TRAINING FOR SOCIAL WORKERS. 3,125
    BALLET FOLKLORICO RITMO ALEGRE
    PO BOX 795
    TALENT,OR97540     		  PC FOR PROGRAMS TO ENGAGE LATINO FAMILIES IN THE ART AND CULTURE OF BALLET FOLKLORICO. 3,000
    COLLABORATIVE THEATRE PROJECT INC
    486 BEACH ST
    ASHLAND,OR97520     		  PC TOWARD THE PURCHASE OF LIGHTING AND SOUND EQUIPMENT. 3,000
    FIRST CHRISTIAN CHURCH OF MEDFORD
    1900 CRATER LAKE AVENUE
    MEDFORD,OR97504     		  PC SMALL STEPS PRESCHOOL SUPPORT. 3,700
    GRANTS PASSJOSEPHINE COUNTY CHAMBER FOUNDATION
    PO BOX 970
    GRANTS PASS,OR97526     		  PC TOWARD THE COMPLETION OF A MURAL AT ASANTE THREE RIVERS MEDICAL CENTER. 2,000
    HABITAT FOR HUMANITYROGUE VALLEY
    PO BOX 688
    MEDFORD,OR97501     		  PC TOWARD THE PURCHASE OF 6 LOTS TO BUILD HABITAT FOR HUMANITY HOMES. 6,000
    HEALTHY DEMOCRACY FUND
    3583 NE BROADWAY STREET
    PORTLAND,OR97232     		  PC IN SUPPORT OF THE CITIZEN'S INITIATIVE REVIEW 2016. 4,000
    HEART & HOPE MUSIC
    321 S CLAY STREET 98
    ASHLAND,OR97520     		  PC GENERAL OPERATING SUPPORT FOR AN ELDER CARE MUSIC THERAPY PROGRAM. 5,000
    HEARTS WITH A MISSION
    521 EDWARDS STREET
    MEDFORD,OR97501     		  PC IN SUPPORT OF HIRING A CASE MANAGER STAFF PERSON. 5,000
    ILLINOIS VALLEY WATERSHED COUNCIL
    PO BOX 352
    CAVE JUNCTION,OR97523     		  PC TOWARD PRODUCING AN EDUCATIONAL VIDEO. 1,500
    JACKSON COUNTY SEXUAL ASSAULT RESPONSE TEAM
    43 MORNINGLIGHT DRIVE
    ASHLAND,OR97520     		  PC GENERAL OPERATING SUPPORT. 8,500
    JACKSONVILLE COMMUNITY CENTER
    PO BOX 1435
    JACKSONVILLE,OR97530     		  PC TOWARD FACILITY EXPANSION. 5,000
    KIDS UNLIMITED
    821 N RIVERSIDE AVENUE
    MEDFORD,OR97501     		  PC TOWARD THE PURCHASE OF A PORTABLE STAGING UNIT. 20,000
    MADRONE TRAIL PUBLIC CHARTER SCHOOL
    3070 ROSS LANE
    CENTRAL POINT,OR97502     		  PC TOWARD IMPROVEMENTS TO A PORTABLE CLASSROOM. 5,000
    MAGDALENE HOME
    12 BLACK OAK DRIVE
    MEDFORD,OR97504     		  PC IN SUPPORT OF THE RESIDENT EMERGENCY FUND AND PRODUCTION OF A NEW VIDEO. 2,000
    MEDICAL TEAMS INTERNATIONAL
    PO BOX 10
    PORTLAND,OR97207     		  PC TOWARD STERILIZER EQUIPMENT UPGRADES AND DENTAL CARE TO LOW INCOME RESIDENTS. 5,000
    MIRACLE THEATRE GROUP
    425 SE 6TH AVENUE
    PORTLAND,OR97214     		  PC IN SUPPORT OF A THEATRE RESIDENCY PROGRAM. 2,000
    MULTICULTURAL ASSOCIATION OF SOUTHERN OREGON
    PO BOX 67
    MEDFORD,OR97501     		  PC NEWS AND INFORMATION PROGRAM SUPPORT. 3,000
    ONTRACK INC
    221 W MAIN STREET
    MEDFORD,OR97501     		  PC TOWARD THE PURCHASE OF A PLAY AREA AT THE EMERGENCY HOUSING FACILITY. 15,000
    PHOENIX COUNSELING CENTER
    PO BOX 1257
    PHOENIX,OR97535     		  PC TOWARD COSTS TO ADD ADDITIONAL SPACE TO EXPAND SERVICES. 5,000
    REACHING OUR COMMUNITY
    564 SW FOUNDRY STREET
    GRANTS PASS,OR97526     		  PC IN SUPPORT OF SALARIES FOR STAFF MEMBERS. 10,000
    ROGUE RETREAT
    1410 W 8TH STREET
    MEDFORD,OR97501     		  PC TO PROVIDE SUPPORT SERVICES FOR CLIENTS. 10,000
    ROGUE VALLEY COUNCIL OF GOVERNMENTS
    PO BOX 3275
    CENTRAL POINT,OR97502     		  PC IN SUPPORT OF A COMMERCIAL KITCHEN UPGRADE. 8,000
    ROGUE VALLEY SYMPHONY
    1875 HWY 99 NORTH SUITE 7
    ASHLAND,OR97520     		  PC TOWARD SCHOOL MUSIC EDUCATION PROGRAMS. 12,000
    UNITED COMMUNITY ACTION NETWORK
    280 KENNETH FORD DRIVE
    ROSEBURG,OR97470     		  PC IN SUPPORT OF THE SECOND CHANCE RENTER'S PROGRAM. 4,500
    YOUTH SYMPHONY
    PO BOX 4291
    MEDFORD,OR97501     		  PC GENERAL OPERATING SUPPORT. 8,000
    Total .................................bullet 3b 163,325
    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 ...........     		    14 360  
    4 Dividends and interest from securities....     14 535,258  
    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 1,144,093  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aUBI FROM PARTNERSHIPS     		900099 5,217      
    bNET NON-UBI FROM PARTNERSHIP INVESTMENTS     14 238,309  
    cDEFERRED TAX BENEFIT     01 8,431  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 5,217 1,926,451 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,931,668
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 15,975 7,988   7,988

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

    TY 2015 DepreciationSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    Telephone System 2000-09-01 2,655 2,655 SL 10.000000000000 0 0    
    Chairs 1997-11-19 121 121 SL 5.000000000000 0 0    
    Cabinets 1997-11-19 292 292 SL 5.000000000000 0 0    
    Chair 1997-11-19 199 199 SL 5.000000000000 0 0    
    Chairs 1997-11-19 1,408 1,408 SL 5.000000000000 0 0    
    Paymaster 1997-11-19 150 150 SL 5.000000000000 0 0    
    2 File Cabinets 2000-12-01 300 300 SL 10.000000000000 0 0    
    Postage Scale 2001-03-01 63 63 SL 5.000000000000 0 0    
    2 Copies of OfficePro 2000 2001-04-01 560 560 SL 5.000000000000 0 0    
    Monitor 2001-04-01 150 150 SL 10.000000000000 0 0    
    Grantwriting Software 2001-04-01 5,830 5,830 SL 5.000000000000 0 0    
    Panasonic Copier 2009-03-10 4,195 3,796 SL 7.000000000000 399 0    
    Conference Table 2013-09-30 3,514 878 SL 7.000000000000 503 0    

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

    TY 2015 ExpenditureResponsibilityStmt
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    EUGENE DEBBS POTTS FOUNDATION
          		PO BOX 324
    MERLIN,OR97532     		2016-06-30 1,000 Toward the purchase and installation of informational signs. 1,000 TO THE KNOWLEDGE OF THE FOUNDATION, THERE HAS BEEN NO DIVERSION. FINAL FINANCIAL AND NARRATIVE REPORTS WERE RECEIVED IN FEBRU   THE CARPENTER FOUNDATION REVIEWED THE GRANT REPORT, BUT DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORT AS THERE HAS NOT BEEN ANY REASON TO DOUBT ITS ACCURACY AND RELIABILITY (REG. 53-4945-5(C)).

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Name of Stock End of Year Book Value End of Year Fair Market Value
    100,636.259 SHARES CAPITAL INTERNATIONAL ENGINEERING 0 0
    166847.997 SHARES PIMCO-ALL ASSET FUND 1,626,715 1,396,518
    164466.125 SHARES PIMCO IRMAF 0 0
    150887.009 SHARES PIMCO TOTAL FUND 1,631,055 1,555,645
    37967.468 SHARES PRIMECAP-ODYSSEY GROWTH FUND 899,100 979,940
    5329.998 SHARES VANGUARD 500 PORTFOLIO 600,197 1,032,207
    52964.661 SHARES CRM SMALL/MID CAP VALUE FUND 740,982 690,130
    54205.563 SHARES DODGE & COX: DODGE & COX INTERNATIONAL STOCK 2,302,005 1,880,391
    6419.534 SHARES DODGE & COX: DODGE & COX STOCK FUND 762,339 1,021,990
    139521.754 SHARES JOHN HANCOCK GLOBAL ABSOLUTE RETURN FUND 1,400,000 1,388,241
    80014.645 SHARES VANGUARD-TOTAL INT STOCK 2,044,697 1,911,550
    94660.272 SHARES WESTWOD-INCOME OPPORTUNITY FUND 1,291,846 1,393,400
    10559.719 SHARES VANGUARD-EXT MRK 493,337 683,953
    59880.240 SHARE VANGUARD EMERGING MARKETS SELECT 1,000,000 952,695

    TY 2015 InvestmentsOtherSchedule2
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    8051.112 SHARES RREFF AT COST 471,843 52,393
    GROSVENOR INSTITUTIONAL PARTNER AT COST 0 0
    NORTHGATE IV AT COST 336,720 417,298
    NORTHGATE PRIVATE EQUITIES AT COST 119,753 81,537
    NORTHGATE PRIVATE EQUITIES II AT COST 193,795 149,441
    NORTHGATE PRIVATE EQUITIES III AT COST 359,418 238,243
    NORTHGATE V AT COST 356,960 475,660
    NORTHGATE VENTURE II AT COST 311,333 311,167
    NORTHGATE-VENTURE III AT COST 397,534 441,309
    NORTHGATE-VENTURE VII AT COST 137,403 133,726
    PACIFIC DIVERSIFIED STRATEGIES AT COST 0 0
    SOVEREIGN I NEW MILLENNIUM FUND-#314 AT COST 0 0
    SOVEREIGN II NEW MILLENIUM FUND - #414 AT COST 9,235 674

    TY 2015 LandEtcSchedule2
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Telephone System 2,655 2,655 0  
    Chairs 121 121 0  
    Cabinets 292 292 0  
    Chair 199 199 0  
    Chairs 1,408 1,408 0  
    Paymaster 150 150 0  
    2 File Cabinets 300 300 0  
    Postage Scale 63 63 0  
    2 Copies of OfficePro 2000 560 560 0  
    Monitor 150 150 0  
    Grantwriting Software 5,830 5,830 0  
    Panasonic Copier 4,195 4,195 0  
    Conference Table 3,514 1,381 2,133  


    TY 2015 OtherAssetsSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSIT 933 3,591 3,591
    EXCISE TAX RECEIVABLE 0 12,297 12,297
    DEFERRED TAX ASSET 0 3,000 3,000


    TY 2015 OtherExpensesSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TELEPHONE 2,240 1,120   1,120
    OFFICE EXPENSES 5,142 2,571   2,571
    EQUIPMENT REPAIR & MAINT. 1,217 609   609
    INSURANCE 4,627 925   3,702
    DUES AND SUBSCRIPTIONS 1,588 794   794
    ANNUAL REPORT 1,403 702   701
    BOARD EXPENSES 1,776 173   1,603


    TY 2015 OtherIncomeSchedule2
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    UBI FROM PARTNERSHIPS 5,217   5,217
    NET NON-UBI FROM PARTNERSHIP INVESTMENTS 238,309 238,309 238,309
    DEFERRED TAX BENEFIT 8,431   8,431


    TY 2015 OtherIncreasesSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Description Amount
    ACCRUAL TO CASH CONVERSION 48,075


    TY 2015 OtherLiabilitiesSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED EXCISE TAXES 23,700 0
    EXCISE TAX PAYABLE 12,011 0
    ACCRUED EXPENSES 3,684 3,895


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 18,679 18,679   0


    TY 2015 TaxesSchedule
    Name:
    THE CARPENTER FOUNDATION
    EIN:
    93-0491360
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OREGON CT-12 1,200 0   1,200
    OREGON EXCISE TAX 484 484   0
    PROVISION FOR FEDERAL UBI TAX 633 0   0