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
LOUIS L BORICK FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2707 KIPLING ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HOUSTON, TX77098
A Employer identification number

47-2387053
B Telephone number (see instructions)

(213) 278-0855
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$72,930,981J 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) 1,213,419
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 358 358  
4 Dividends and interest from securities... 2,557,161 2,557,161  
5a Gross rents............ 916,964 916,964  
b Net rental income or (loss) 86,179
6a Net gain or (loss) from sale of assets not on line 10 -1,087,520
b Gross sales price for all assets on line 6a 14,183,512
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 338,995 324,605  
12 Total. Add lines 1 through 11........ 3,939,377 3,799,088  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 73,500 0   73,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 20,812 5,000   15,811
b Accounting fees (attach schedule)....... Click to see attachment 45,208 0   45,208
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 131,458 81,568   170
19 Depreciation (attach schedule) and depletion... Click to see attachment 964 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 821,427 768,813   52,614
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,093,369 855,381   187,303
25 Contributions, gifts, grants paid....... 3,578,500 3,578,500
26 Total expenses and disbursements. Add lines 24 and 25 4,671,869 855,381   3,765,803
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -732,492
b Net investment income (if negative, enter -0-) 2,943,707
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 5,426,924 12,395,808 12,395,808
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)....... 78,929,567 Click to see attachment70,619,855 56,905,013
c Investments—corporate bonds (attach schedule)....... 316,775 Click to see attachment0 0
11 Investments—land, buildings, and equipment: basis bullet2,237,500
Less: accumulated depreciation (attach schedule) bullet232,580 994,511 Click to see attachment2,004,920 2,182,420
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,439,146 Click to see attachment2,359,812 1,443,141
14 Land, buildings, and equipment: basis bullet6,125
Less: accumulated depreciation (attach schedule) bullet1,526 5,563 Click to see attachment4,599 4,599
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 88,112,486 87,384,994 72,930,981
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) Click to see attachment0 Click to see attachment5,000
23 Total liabilities (add lines 17 through 22)......... 0 5,000
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 5,015,000 5,015,000
29 Retained earnings, accumulated income, endowment, or other funds 83,097,486 82,364,994
30 Total net assets or fund balances (see instructions)..... 88,112,486 87,379,994
31 Total liabilities and net assets/fund balances (see instructions). 88,112,486 87,384,994
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
88,112,486
2
Enter amount from Part I, line 27a .....................
2
-732,492
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
87,379,994
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
87,379,994
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 WELLS FARGO CAP GAIN DIST P    
b WADDELL & REED P   2015-06-30
c WELLS FARGO P    
d WELLS FARGO P    
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 36,775     36,775
b 5,900,671   6,112,745 -212,074
c 901,433   1,034,070 -132,637
d 7,344,633   8,124,217 -779,584
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       36,775
b       -212,074
c       -132,637
d       -779,584
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 -1,087,520
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 4,126,230 83,621,210 0.049344
2013 4,071,828 81,330,609 0.050065
2012 1,212,524 25,059,052 0.048387
2011 1,057,150 22,925,295 0.046113
2010 961,144 20,034,746 0.047974
2
Total of line 1, column (d) .....................
20.241883
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
0.048377
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
76,819,713
5
Multiply line 4 by line 3......................
5
3,716,307
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
29,437
7
Add lines 5 and 6........................
7
3,745,744
8
Enter qualifying distributions from Part XII, line 4.............
8
3,765,803
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 29,437
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 29,437
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 29,437
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 46,400
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 46,400
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 16,963
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet16,963 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    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 addressbulletLOUISLBORICKFOUNDATION.ORG
    14
    The books are in care ofbulletSTEVEN J BORICK Telephone no.bullet (713) 520-7600

    Located atbullet2707 KIPLING STHOUSTONTX ZIP+4bullet77098
    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
     
     
    .........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
    STEVEN BORICK DIRECTOR
    2.00     		0 0 0
    2707 KIPLING ST
    HOUSTON,TX77098
    ROBERT BORICK DIRECTOR
    0.50     		0 0 0
    2707 KIPLING ST
    HOUSTON,TX77098
    LINDA BORICK DAVIDSON DIRECTOR
    0.50     		0 0 0
    2707 KIPLING ST
    HOUSTON,TX77098
    LAUREN JOHNSON PROGRAM DIRECTOR
    40.00     		73,500 0 0
    2707 KIPLING ST
    HOUSTON,TX77098
    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
    LAUREN JOHNSON PROGRAM DIRECTOR 73,500
    2707 KIPLING STREET
    HOUSTON,TX77098
    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 THE FOUNDATION HAS NO DIRECT CHARITABLE ACTIVITES. IT ONLY DISBURSES CHARITABLE FUNDS TO OTHER TAX-EXEMPT ORGANIZATIONS. 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 THE FOUNDATION DOES NOT HAVE ANY PROGRAM-RELATED INVESTMENTS 0
    2  
    All other program-related investments. See instructions.
    3 Click to see attachment 0
    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
    66,958,974
    b
    Average of monthly cash balances.......................
    1b
    8,379,941
    c
    Fair market value of all other assets (see instructions)................
    1c
    2,650,641
    d
    Total (add lines 1a, b, and c).........................
    1d
    77,989,556
    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
    77,989,556
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,169,843
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    76,819,713
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,840,986
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    3,840,986
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    29,437
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    29,437
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,811,549
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,811,549
    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
    3,811,549
    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
    3,765,803
    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
    3,765,803
    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
    29,437
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,736,366
    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 3,811,549
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012...... 45,723
    d From 2013...... 56,142
    e From 2014...... 37,365
    fTotal of lines 3a through e........ 139,230
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 3,765,803
    a Applied to 2014, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2015 distributable amount..... 3,765,803
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 45,746 45,746
    (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 93,484
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		93,484
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013.... 56,119
    d Excess from 2014.... 37,365
    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:
    LAUREN JOHNSON
    2707 KIPLING ST
    HOUSTON,TX77098
    (213) 278-0855
    GRANTS@LOUISLBORICKFOUNDATION.ORG
    bThe form in which applications should be submitted and information and materials they should include:
    LETTERS OF INQUIRY MAY BE SUBMITTED VIA THE LOUIS L. BORICK FOUNDATION'S ONLINE APPLICATION PORTAL. INFORMATION ON THE APPLICATION PROCESS, AS WELL AS A LINK TO THE PORTAL, CAN BE FOUND AT WWW.LOUISLBORICKFOUNDATION.ORG.
    cAny submission deadlines:
    PLEASE VISIT WWW.LOUISLBORICKFOUNDATION.ORG FOR CURRENT SUBMISSION DEADLINES.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ALL APPLICANTS MUST BE CLASSIFIED AS A PUBLIC CHARITY AND TAX EXEMPT UNDER 501(C)(3) AND 509(A)(1) OR (2) OF THE INTERNAL REVENUE CODE. THE FOUNDATION DOES NOT CONSIDER FUNDING REQUESTS FOR PERSONAL NEEDS OF INDIVIDUALS, POLITICAL CAMPAIGNS, OR LOBBYING EFFORTS.
    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
    A PLACE CALLED HOME
    2830 SOUTH CENTRAL AVENUE
    LOS ANGELES,CA90011     		NONE   CHARITABLE DONATION 25,000
    AIM HIGH FOR HIGH SCHOOL
    PO BOX 410715
    SAN FRANCISCO,CA941410715     		NONE   CHARITABLE DONATION 40,000
    ANIMEALS
    1700 RANKIN STREET
    MISSOULA,MT59808     		NONE   CHARITABLE DONATION 10,000
    ANZA-BORREGO DESERT NATURAL HISTORY
    PO BOX 310
    BORREGO SPRINGS,CA920040310     		NONE   CHARITABLE DONATION 10,000
    ART MUSEUM OF SOUTH TEXAS
    1902 N SHORELINE BLVD
    CORPUS CHRISTI,TX78401     		NONE   CHARITABLE DONATION 100,000
    ARTS FOR LA
    1149 S HILL STREET STE H-100
    LOS ANGELES,CA90015     		NONE   CHARITABLE DONATION 10,000
    ARTWORXLA
    1140 N CITRUS AVENUE
    LOS ANGELES,CA90038     		NONE   CHARITABLE DONATION 20,000
    ASPIRE PUBLIC SCHOOLS
    1001 22ND AVENUE STE 100
    OAKLAND,CA94606     		NONE   CHARITABLE DONATION 15,000
    BAY AREA WILDERNESS TRAINING
    1050 8TH STREET
    OAKLAND,CA94606     		NONE   CHARITABLE DONATION 15,000
    BEYOND EMANCIPATION
    675 HEGENBERGER ROAD STE 100
    OAKLAND,CA94621     		NONE   CHARITABLE DONATION 20,000
    BIG MORONGO CANYON PRESERVE
    PO BOX 780
    MORONGO VALLEY,CA92256     		NONE   CHARITABLE DONATION 5,000
    BIGHORN INSTITUTE
    PO BOX 262
    PALM DESERT,CA92261     		NONE   CHARITABLE DONATION 7,500
    BITTERROOTERS FOR PLANNING
    PO BOX 505
    CORVALLIS,MT59828     		NONE   CHARITABLE DONATION 50,000
    BLIND CHILDREN'S CENTER
    4120 MARATHON STREET
    LOS ANGELES,CA90029     		NONE   CHARITABLE DONATION 10,000
    BRIGHTER BEGINNINGS
    2595 INTERNATIONAL BLVD
    OAKLAND,CA94601     		NONE   CHARITABLE DONATION 25,000
    CABOT'S PUEBLO MUSEUM
    67616 E DESERT VIEW AVENUE
    DESERT HOT SPRINGS,CA92240     		NONE   CHARITABLE DONATION 10,000
    CALIFORNIA DANCE INSTITUTE
    3131 OLYMPIC BLVD SUITE 202
    SANTA MONICA,CA90404     		NONE   CHARITABLE DONATION 25,000
    CALIFORNIA INSTITUTE OF THE ARTS
    24700 MCBEAN PARKWAY
    VALENCIA,CA91355     		NONE   CHARITABLE DONATION 20,000
    CALIFORNIA THOROUGHBRED HORSEMEN'S FOUNDATION
    PO BOX 660129
    ARCADIA,CA91066     		NONE   CHARITABLE DONATION 100,000
    CENTER FOR THE EDUCATION OF THE INFANT DEAF
    1035 GRAYSON STREET
    BERKELEY,CA94710     		NONE   CHARITABLE DONATION 100,000
    CENTERLINK INC
    PO BOX 24490
    FORT LAUDERDALE,FL33307     		NONE   CHARITABLE DONATION 20,000
    CHILDREN NOW
    714 W OLYMPIC BLVD STE 909
    LOS ANGELES,CA90015     		NONE   CHARITABLE DONATION 15,000
    CITY YEAR LOS ANGELES
    606 S OLIVE STREET 2ND FLOOR
    LOS ANGELES,CA90014     		NONE   CHARITABLE DONATION 20,000
    CLARK FORK COALITION
    PO BOX 7593
    MISSOULA,MT59807     		NONE   CHARITABLE DONATION 40,000
    COACHELLA VALLEY WILD BIRD CENTER
    PO BOX 10160
    INDIO,CA92202     		NONE   CHARITABLE DONATION 5,000
    COLLEGE TRACK
    111 BROADWAY
    OAKLAND,CA94607     		NONE   CHARITABLE DONATION 20,000
    COMMUNITY FUND OF JACKSON HOLE
    245 EAST SIMPSON STREET
    JACKSON,WY83001     		NONE   CHARITABLE DONATION 12,000
    DESTINY ARTS CENTER
    970 GRACE AVE
    OAKLAND,CA94608     		NONE   CHARITABLE DONATION 25,000
    EAST BAY CENTER FOR THE PERFORMING ARTS
    339 - 11TH STREET
    RICHMOND,CA948013105     		NONE   CHARITABLE DONATION 10,000
    EQUINE ORTHOPAEDIC RESEARCH CENTER COLORADO STATE UNIVERSITY
    300 WEST DRAKE RD BLDG H
    FT COLLINS,CO80523     		NONE   CHARITABLE DONATION 300,000
    FAMILIES FIRST
    227 1/2 WEST FRONT STREET
    MISSOULA,MT59802     		NONE   CHARITABLE DONATION 25,000
    FIRST PLACE FOR YOUTH
    426 17TH STREET SUITE 100
    INE,CA94612     		NONE   CHARITABLE DONATION 30,000
    FOOD FORWARD
    7412 FULTON AVE 3
    NORTH HOLLYWOOD,CA91605     		NONE   CHARITABLE DONATION 15,000
    FOUNDATION FOR STUDENTS RISING ABOVE
    PO BOX 29174
    SAN FRANCISCO,CA94129     		NONE   CHARITABLE DONATION 40,000
    FRIENDS OF THE DESERT MOUNTAINS
    PO BOX 1281
    PALM DESERT,CA92261     		NONE   CHARITABLE DONATION 5,000
    GALVESTON HISTORICAL FOUNDATION
    502 20TH STREET
    GALVESTON,TX77550     		NONE   CHARITABLE DONATION 25,000
    GARDEN CITY HARVEST INC
    103 HICKORY
    MISSOULA,MT59806     		NONE   CHARITABLE DONATION 25,000
    GEORGETOWN PALACE THEATRE
    810 SOUTH AUSTIN AVENUE
    GEORGETOWN,TX78626     		NONE   CHARITABLE DONATION 5,000
    GOLD BUCKLE CHAMPION INC
    PO BOX 70
    KUNA,ID83634     		NONE   CHARITABLE DONATION 15,000
    HEART OF LOS ANGELES (HOLA)
    2701 WILSHIRE BLVD STE 100
    LOS ANGELES,CA90057     		NONE   CHARITABLE DONATION 25,000
    HONOLULU MUSEUM OF ART
    900 S BERETANIA ST
    HONOLULU,HI96814     		NONE   CHARITABLE DONATION 40,000
    IMAGINE LA
    5455 WILSHIRE BLVD SUITE 1001
    LOS ANGELES,CA90036     		NONE   CHARITABLE DONATION 5,000
    INNER-CITY ARTS
    720 KOHLER STREET
    LOS ANGELES,CA90021     		NONE   CHARITABLE DONATION 30,000
    JOSHUA TREE NATIONAL PARK ASSOCIATION
    74485 NATIONAL PARK DRIVE
    TWENTYNINE PALMS,CA92277     		NONE   CHARITABLE DONATION 65,000
    KEEP YOUTH DOING SOMETHING (KYDS) INC
    7026 SOPHIA AVENUE
    VAN NUYS,CA91406     		NONE   CHARITABLE DONATION 15,000
    LA PARTNERSHIP FOR EARLY CHILDHOOD INVESTMENT
    2355 WESTWOOD BLVD 114
    LOS ANGELES,CA90064     		NONE   CHARITABLE DONATION 40,000
    LACMA
    5905 WILSHIRE BLVD
    LOS ANGELES,CA90036     		NONE   CHARITABLE DONATION 50,000
    LIBERTY HILL FOUNDATION
    6420 WILSHIRE BLVD STE 700
    LOS ANGELES,CA90048     		NONE   CHARITABLE DONATION 25,000
    LMU CENTER FOR MATH AND SCIENCE TEACHING
    1 LMU DRIVE UNIVERSITY HALL STE
    1300
    LOS ANGELES,CA900452659     		NONE   CHARITABLE DONATION 62,500
    LOS ANGELES COUNTY ARTS COMMISSION (ARTS FOR ALL)
    1055 WILSHIRE BOULEVARD STE 800
    LOS ANGELES,CA90017     		NONE   CHARITABLE DONATION 50,000
    LOYOLA MARYMOUNT UNIVERSITY
    1 LMU DRIVE UNIVERSITY HALL
    LOS ANGELES,CA900452659     		NONE   CHARITABLE DONATION 62,500
    LUNA DANCE INSTITUTE
    605 ADDISION STREET
    BERKELEY,CA94710     		NONE   CHARITABLE DONATION 10,000
    MILLS COLLEGE OFC OF INST ADVANCEMENT
    5000 MACARTHUR BLVD PMB 49
    OAKLAND,CA94613     		NONE   CHARITABLE DONATION 17,000
    MISSOULA AGING SERVICES
    337 STEPHENS AVENUE
    MISSOULA,MT59801     		NONE   CHARITABLE DONATION 30,000
    MONTANA GHOST TOWN PRESERVATION SOCIETY
    PO BOX 1861
    BOZEMAN,MT59771     		NONE   CHARITABLE DONATION 5,000
    MONTANA HISTORICAL SOCIETY
    225 NORTH ROBERTS
    HELENA,MT59620     		NONE   CHARITABLE DONATION 50,000
    MONTANA NATURAL HISTORY CENTER
    120-A HICKORY STREET
    MISSOULA,MT59801     		NONE   CHARITABLE DONATION 50,000
    MONTANA WILDERNESS ASSOCIATION
    80 SOUTH WARREN
    HELENA,MT59601     		NONE   CHARITABLE DONATION 50,000
    NATIONAL HIGH SCHOOL RODEO ASSOCIATION
    2562 SW MOSSY BRAE RD
    WEST LINN,OR97068     		NONE   CHARITABLE DONATION 25,000
    NEIGHBORHOOD MUSIC SCHOOL ASSOCIATION
    358 S BOYLE AVENUE
    LOS ANGELES,CA90033     		NONE   CHARITABLE DONATION 12,000
    OPPORTUNITY RESOURCES INC
    2821 S RUSSELL ST
    MISSOULA,MT59801     		NONE   CHARITABLE DONATION 152,000
    PF BRESEE FOUNDATION
    184 S BIMINI PL
    LOS ANGELES,CA90004     		NONE   CHARITABLE DONATION 20,000
    PS ARTS
    1728 ABBOT KINNEY BOULEVARD STE 101
    VENICE,CA90291     		NONE   CHARITABLE DONATION 30,000
    PALM SPRINGS PRESERVATION FOUNDATION
    1775 E PALM CANYON DR SUITE 110-195
    PALM SPRINGS,CA92264     		NONE   CHARITABLE DONATION 5,000
    PARA LOS NINOS
    500 LUCAS AVE
    LOS ANGELES,CA90017     		NONE   CHARITABLE DONATION 15,000
    PERFORMING ARTS WORKSHOP
    1661 TENNESSEE STREET UNIT 3-O
    SAN FRANCISCO,CA94107     		NONE   CHARITABLE DONATION 10,000
    POINT FOUNDATION
    1357 BROADWAY SUITE 401
    NEW YORK,NY10018     		NONE   CHARITABLE DONATION 50,000
    PROJECT GRAD LOS ANGELES INC
    10200 SEPULVEDA BLVD STE 255
    MISSION HILLS,CA91345     		NONE   CHARITABLE DONATION 40,000
    RAISE A CHILD INC
    6565 SUNSET BLVD STE 411
    HOLLYWOOD,CA90028     		NONE   CHARITABLE DONATION 15,000
    RAPTOR VIEW RESEARCH INSTITUTE
    PO BOX 4323
    MISSOULA,MT59806     		NONE   CHARITABLE DONATION 7,000
    READING PARTNERS
    180 GRAND AVENUE STE 800
    OAKLAND,CA94612     		NONE   CHARITABLE DONATION 40,000
    RESOURCE CENTER
    PO BOX 190869
    DALLAS,TX75219     		NONE   CHARITABLE DONATION 300,000
    SIMON WIESENTHAL CENTER INC
    1399 S ROXBURY DR
    LOS ANGELES,CA90035     		NONE   CHARITABLE DONATION 250,000
    SOUTHERN CALIFORNIA COLLEGE ACCESS NETWORK A PROJECT OF COMMUNITY PARTNERS
    1000 N ALAMEDA STREET STE 240
    LOS ANGELES,CA90012     		NONE   CHARITABLE DONATION 20,000
    SOUTHERN CALIFORNIA GRANTMAKERS
    1000 NORTH ALAMEDA STREET STE 230
    LOS ANGELES,CA90012     		NONE   CHARITABLE DONATION 8,000
    TEACH FOR AMERICA
    22 FOURTH STREET 7TH FLOOR
    SAN FRANCISCO,CA94103     		NONE   CHARITABLE DONATION 50,000
    THE GABRIELLA FOUNDATION
    639 S COMMONWEALTH AVE SUITE B
    LOS ANGELES,CA90005     		NONE   CHARITABLE DONATION 20,000
    THE UNUSUAL SUSPECTS THEATRE COMPANY
    3719 VERDUGO ROAD
    LOS ANGELES,CA90065     		NONE   CHARITABLE DONATION 10,000
    TIPPING POINT COMMUNITY
    220 MONTGOMERY STREET STE 850
    SAN FRANCISCO,CA94104     		NONE   CHARITABLE DONATION 55,000
    UNITED FRIENDS OF THE CHILDREN
    1055 WILSHIRE BLVD SUITE 1955
    LOS ANGELES,CA90017     		NONE   CHARITABLE DONATION 30,000
    UNIVERSITY OF SOUTHERN CALIFORNIA
    MARSHALL SCHOOL OF BUSINESS 29TH
    FLOOR
    LOS ANGELES,CA90089     		NONE   CHARITABLE DONATION 10,000
    USC CENTER ON PHILANTHROPY AND PUBLIC POLICY
    650 CHILDS WAY RGL 210
    LOS ANGELES,CA90089     		NONE   CHARITABLE DONATION 10,000
    VIDA VERDE NATURE EDUCATION
    3540 LA HONDA RD
    SAN GREGORIO,CA94074     		NONE   CHARITABLE DONATION 15,000
    WATSON CHILDREN'S SHELTER
    4978 BUCKHOUSE LANE
    MISSOULA,MT59804     		NONE   CHARITABLE DONATION 150,000
    WESTERN STATE COLLEGE UNIVERSITY
    909 EAST ESCALANTE DRIVE
    GUNNISON,CO81230     		NONE   CHARITABLE DONATION 200,000
    WILDWOODS FOUNDATION
    1000 N ALAMEDA STREET STE 240
    LOS ANGELES,CA90012     		NONE   CHARITABLE DONATION 18,000
    WORKING RANCH COWBOYS FOUNDATION
    408 SW 7TH AVE
    AMARILLO,TX79101     		NONE   CHARITABLE DONATION 10,000
    YOUTH HOMES
    550 NORTH CALIFORNIA STREET
    MISSOULA,MT59807     		NONE   CHARITABLE DONATION 50,000
    Total .................................bullet 3a 3,578,500
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 358  
    4 Dividends and interest from securities....     14 2,557,161  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 86,179  
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....     14 338,995  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 -1,087,520  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,895,173 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,895,173
    (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
    LOUIS L BORICK FOUNDATION
     
    Employer identification number

    47-2387053
    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
    LOUIS L BORICK FOUNDATION
          		Employer identification number
    47-2387053
    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
     
     

    JUANITA BORICK  
    2707 KIPLING STREET
     
    HOUSTON, TX77098

    		$ 1,209,234


    (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
    LOUIS L BORICK FOUNDATION
          		Employer identification number

    47-2387053
    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
    1
    		 50% INTEREST IN 7800 WOODLEY MASTER LEASE. $ 1,209,234 2015-12-31
    (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
    LOUIS L BORICK FOUNDATION
          		Employer identification number

    47-2387053
    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 AccountingFeesSchedule
    Name:
    LOUIS L BORICK FOUNDATION
    EIN:
    47-2387053
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 45,208 0   45,208

    TY 2015 AllOthProgRltdInvestmentsSch
    Name:
    LOUIS L BORICK FOUNDATION
    EIN:
    47-2387053
    Category Amount
    NONE. 0

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

    TY 2015 AmortizationSchedule
    Name:
    LOUIS L BORICK FOUNDATION
    EIN:
    47-2387053
    Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
    MASTER LEASE - LOU BORICK 2013-03-01 1,030,000 35,489 155.000000000000 197,091 197,091   232,580
    MASTER LEASE - JUANITA BORICK 2015-12-31 1,207,500   121.000000000000   0    

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

    TY 2015 DepreciationSchedule
    Name:
    LOUIS L BORICK FOUNDATION
    EIN:
    47-2387053
    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
    SONY VAIO COMPUTER 2014-06-01 1,094 128 SL 5.000000000000 219 0    
    PRINTER & PHONE 2014-06-01 463 54 SL 5.000000000000 93 0    
    DESK 2014-06-01 638 53 SL 7.000000000000 91 0    
    FILE CABINET 2014-06-01 758 63 SL 7.000000000000 108 0    
    SETU DESK CHAIR 2014-06-01 641 53 SL 7.000000000000 92 0    
    SOFA 2014-06-01 1,198 100 SL 7.000000000000 171 0    
    RUG, MIRROR, TABLE 2014-06-01 1,333 111 SL 7.000000000000 190 0    

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    LOUIS L BORICK FOUNDATION
    EIN:
    47-2387053
    Name of Bond End of Year Book Value End of Year Fair Market Value
    WELLS FARGO ADVISOR BONDS 0 0

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    LOUIS L BORICK FOUNDATION
    EIN:
    47-2387053
    Name of Stock End of Year Book Value End of Year Fair Market Value
    WADDELL & REED 0 0
    WELLS FARGO ADVISOR MUTUAL FUNDS 1,506,073 1,189,826
    WELLS FARGO ADVISOR STOCKS & ETFS 69,113,782 55,715,187

    TY 2015 InvestmentsLandSchedule2
    Name:
    LOUIS L BORICK FOUNDATION
    EIN:
    47-2387053
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    MASTER LEASE - LOU BORICK 1,030,000 232,580 797,420  
    MASTER LEASE - JUANITA BORICK 1,207,500 0 1,207,500  

    TY 2015 InvestmentsOtherSchedule2
    Name:
    LOUIS L BORICK FOUNDATION
    EIN:
    47-2387053
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PROPERTY-HOUSTON, TX AT COST 600,000 600,000
    WAZEE ST OPPORTUNITIES FND II FMV 1,759,812 843,141

    TY 2015 LandEtcSchedule2
    Name:
    LOUIS L BORICK FOUNDATION
    EIN:
    47-2387053
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    SONY VAIO COMPUTER 1,094 347 747  
    PRINTER & PHONE 463 147 316  
    DESK 638 144 494  
    FILE CABINET 758 171 587  
    SETU DESK CHAIR 641 145 496  
    SOFA 1,198 271 927  
    RUG, MIRROR, TABLE 1,333 301 1,032  


    TY 2015 LegalFeesSchedule
    Name:
    LOUIS L BORICK FOUNDATION
    EIN:
    47-2387053
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL & ACCOUNTING 15,812 0   15,811
    LEGAL AND PROFESSIONAL 5,000 5,000   0


    TY 2015 OtherExpensesSchedule
    Name:
    LOUIS L BORICK FOUNDATION
    EIN:
    47-2387053
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT EXPENSES 133 133   0
    DUES & SUBSCRIPTIONS 1,000 0   1,000
    SUPPLIES 1,059 0   1,059
    TRAINING & DEVELOPMENT 3,080 0   3,080
    BUSINESS EXPENSE 10,653 0   10,653
    OFFICE RENTAL EXPENSES 24,500 0   24,500
    LAKE STREET-INSURANCE 125 125   0
    UTILITIES 796 0   796
    SHIPPING 782 0   782
    BANK CHARGES 24 24   0
    TRAVEL 10,744 0   10,744
    INSURANCE 4,429 4,429   0
    RENT-GROUND LAWA 567,000 567,000   0
    SHIPPING & DELIVERY 11 11   0
    AMORTIZATION 197,091 197,091   0


    TY 2015 OtherIncomeSchedule2
    Name:
    LOUIS L BORICK FOUNDATION
    EIN:
    47-2387053
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROYALTIES 9,211 9,211 9,211
    INCOME FROM PASSTHROUGHS 315,394 315,394 315,394
    NON-DIVIDEND DISTRIBUTIONS 14,390 0 14,390


    TY 2015 OtherLiabilitiesSchedule
    Name:
    LOUIS L BORICK FOUNDATION
    EIN:
    47-2387053
    Description Beginning of Year - Book Value End of Year - Book Value
    SHORT-TERM LOAN 0 5,000


    TY 2015 TaxesSchedule
    Name:
    LOUIS L BORICK FOUNDATION
    EIN:
    47-2387053
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAXES-LAKE ST 24,314 24,314   0
    FEDERAL EXCISE TAX 49,720 0   0
    CA TAX 170 0   170
    PROPERTY TAXES-WOODLEY 57,254 57,254   0