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
The United Company Charitable Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)1005 Glenway Avenue
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Bristol, VA242013473
A Employer identification number

54-1390453
B Telephone number (see instructions)

(276) 645-1406
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$42,386,575J 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 158 158  
4 Dividends and interest from securities... 1,083,239 1,083,239  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,032,665
b Gross sales price for all assets on line 6a 29,065,518
7 Capital gain net income (from Part IV, line 2)... 4,050,127
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).......   22,853  
12 Total. Add lines 1 through 11........ 5,116,062 5,156,377  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 56,708 0   56,708
14 Other employee salaries and wages...... 250,097 0   250,097
15 Pension plans, employee benefits....... 33,927 0   33,927
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 49,249 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 12,705 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 4,610 0   4,610
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 509,360 208,641   269,612
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 916,656 208,641   614,954
25 Contributions, gifts, grants paid....... 2,468,150 2,973,469
26 Total expenses and disbursements. Add lines 24 and 25 3,384,806 208,641   3,588,423
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,731,256
b Net investment income (if negative, enter -0-) 4,947,736
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......... 823,340 799,771 799,771
3 Accounts receivable bullet156,767
Less: allowance for doubtful accounts bullet   110,781 156,767 156,767
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.............. 8,597 10,621 10,621
9 Prepaid expenses and deferred charges.......... 6,883 7,309 7,309
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 27,715,283 Click to see attachment21,947,601 21,947,601
c Investments—corporate bonds (attach schedule)....... 3,020,107 Click to see attachment3,015,082 3,015,082
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 14,503,562 Click to see attachment16,422,007 16,422,007
14 Land, buildings, and equipment: basis bullet111,049
Less: accumulated depreciation (attach schedule) bullet83,632 36,472 Click to see attachment27,417 27,417
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 46,225,025 42,386,575 42,386,575
Liabilities 17 Accounts payable and accrued expenses.......... 71,219 91,068
18 Grants payable.................. 1,897,542 1,392,222
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 attachment7,425 Click to see attachment8,429
23 Total liabilities (add lines 17 through 22)......... 1,976,186 1,491,719
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 42,771,497 39,417,514
25 Temporarily restricted...............    
26 Permanently restricted............... 1,477,342 1,477,342
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)..... 44,248,839 40,894,856
31 Total liabilities and net assets/fund balances (see instructions). 46,225,025 42,386,575
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
44,248,839
2
Enter amount from Part I, line 27a .....................
2
1,731,256
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
47,561
4
Add lines 1, 2, and 3 ..........................
4
46,027,656
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
5,132,800
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
40,894,856
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 PUBLICLY TRADED SECURITIES      
b Capital Gains Dividends P    
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 29,048,863   25,015,391 4,033,472
b 16,655     16,655
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       4,033,472
b       16,655
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 4,050,127
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 3,703,729 45,701,649 0.081041
2013 2,850,593 43,181,558 0.066014
2012 2,828,050 40,425,828 0.069957
2011 2,769,396 40,014,318 0.069210
2010 2,728,795 38,536,636 0.070810
2
Total of line 1, column (d) .....................
20.357032
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
0.071406
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
43,749,142
5
Multiply line 4 by line 3......................
5
3,123,951
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
49,477
7
Add lines 5 and 6........................
7
3,173,428
8
Enter qualifying distributions from Part XII, line 4.............
8
3,592,073
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 49,477
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 49,477
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 49,477
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 120,811
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.............. 7 120,811
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 71,334
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet71,334 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)
    bulletVA
    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.unitedcofoundation.org
    14
    The books are in care ofbulletThe Organization Telephone no.bullet (276) 645-1436

    Located atbullet1005 Glenway AvenueBristolVA ZIP+4bullet242013473
    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
     
    No
    .........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
    JAMES W MCGLOTHLIN Chairman/DIRECTOR
    5.00     		0 0 0
    1005 Glenway Avenue
    Bristol,VA242013473
    Lois A Clarke PRESIDENT/Treasurer/Director
    5.00     		52,032 2,061 0
    1005 Glenway Avenue
    Bristol,VA242013473
    N D Street Secretary/Director
    1.00     		0 0 0
    1005 Glenway Avenue
    Bristol,VA242013473
    Frances G McGlothlin Director
    1.00     		0 0 0
    1005 Glenway Avenue
    Bristol,VA242013473
    Fay H Street Director
    1.00     		0 0 0
    1005 Glenway Avenue
    Bristol,VA242013473
    David A Street Director
    1.00     		0 0 0
    1005 Glenway Avenue
    Bristol,VA242013473
    Barbara J Bjerke Assistant Treasurer
    1.00     		0 0 0
    1005 Glenway Avenue
    Bristol,VA242013473
    Julia K Smith Assistant Secretary
    1.00     		0 0 0
    1005 Glenway Avenue
    Bristol,VA242013473
    MARTHA McGLOTHLIN GAYLE DIrector
    1.00     		0 0 0
    1005 Glenway Avenue
    Bristol,VA242013473
    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
    ROSE HURLEY College & Career Cou
    40.00     		51,680 2,171 0
    1760 EDGEWATER DRIVE
    GRUNDY,VA24614
    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
    United Management Company LLC Investment Management 195,290
    1005 Glenway Avenue
    Bristol,VA24201
    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 Provide one meal/day five days a week to 900 low-income people in the Bristol, VA community. Meals are delivered via 2 vans that travel to the homes of the recipients. 357,177
    2 Camp Success is a week-long program for Mountain Mission School juniors & seniors that emphasizes leadership, education, and intellectual curiosity. In 2015, participants spent a week in New York City exploring and learning. 46,580
    3 College and Career Counselor works at Mountain Mission School (Grundy, VA) and assists students with the college application process, financial aid and matriculation procedures. Also oversees scholarship program for Mountain Mission School graduates. 71,936
    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
    43,038,389
    b
    Average of monthly cash balances.......................
    1b
    1,376,984
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    44,415,373
    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
    44,415,373
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    666,231
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    43,749,142
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,187,457
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    2,187,457
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    49,477
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    49,477
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,137,980
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,137,980
    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
    2,137,980
    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
    3,588,423
    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
    3,650
    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
    3,592,073
    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
    49,477
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,542,596
    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 2,137,980
    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...... 834,861
    b From 2011...... 796,315
    c From 2012...... 844,008
    d From 2013...... 800,415
    e From 2014...... 1,511,625
    fTotal of lines 3a through e........ 4,787,224
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 3,592,073
    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..... 2,137,980
    e Remaining amount distributed out of corpus 1,454,093
    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 6,241,317
    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) ...     		834,861
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		5,406,456
    10 Analysis of line 9:
    a Excess from 2011.... 796,315
    b Excess from 2012.... 844,008
    c Excess from 2013.... 800,415
    d Excess from 2014.... 1,511,625
    e Excess from 2015.... 1,454,093
    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:
    ROSE HURLEY MOUNTAIN MISSION SCHOOL
    1760 Edgewater Drive
    Grundy,VA24614
    (276) 791-1514
    bThe form in which applications should be submitted and information and materials they should include:
    Applicants must have previously applied to, and received an official notification of acceptance from, an accredited university or college in the United States. Applications must be submitted using the Foundation's scholarship application form. The following items must be included: official high school or college transcript, financial aid award letter, Student Aid Report from FAFSA, and official school invoice and class schedule. All scholarship requests for the Spring semester must also include a copy of the student's grades from the Fall (either an official grade report or a transcript from the school). Students must reapply for a scholarship each year.
    cAny submission deadlines:
    DEADLINEs FOR APPLICATIONS are July 1 for Fall semester and December 1 for Spring semester.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE SCHOLARSHIP PROGRAM SUPPLEMENTS FINANCIAL AID AND OTHER SUPPORT TO HELP COVER THE COST OF COLLEGE TUITION, FEES, ROOM AND BOARD, BOOKS, AND SUPPLIES. STUDENTS MUST BE ENROLLED WITH A MINIMUM OF 12 CREDIT HOURS PER SEMESTER. STUDENTS MAY REQUEST A MAXIMUM OF $25,000 PER YEAR. STUDENTS MUST BE ENROLLED AT MOUNTAIN MISSION SCHOOL, GRUNDY, VA (MMS) FROM GRADES 9 THROUGH 12 TO BE ELIGIBLE FOR SUPPORT. SCHOLARSHIPS ARE GIVEN FOR THE BENEFIT OF INDIVIDUAL STUDENTS WHO HAVE NO RELATIONSHIP TO DISQUALIFIED PERSONS. STUDENTS MUST DEMONSTRATE FINANCIAL NEED BY QUALIFYING FOR A FEDERAL PELL GRANT. STUDENTS MUST ACCEPT ANY FEDERAL DIRECT SUBSIDIZED LOANS OR PERKINS LOANS OFFERED. STUDENTS ARE ELIGIBLE FOR 4 CONSECUTIVE CALENDAR YEARS AFTER GRADUATION FROM MMS. STUDENTS SHOULD HAVE AT LEAST A 2.75 CUMULATIVE GPA FROM MMS (ON A 4.0 SCALE) AND MAINTAIN A 2.5 CUMULATIVE GPA IN COLLEGE (ON A 4.0 SCALE). THE MAX FOR BOOKS AND SUPPLIES PER STUDENT IS $750 FOR THE FIRST SEMSESTER AND $500 THEREAFTER.
    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
    ALICE LLOYD COLLEGE
    100 Purpose Road
    Pippa Passes,KY37620     		None NC-School Scholarships for needy students 5,000
    American Cancer Society
    PO Box 406
    Vansant,VA24656     		None PC Buchanan County VA Relay for Life 1,000
    American Cancer Society
    245 Birch Street
    Blountville,TN37617     		None PC Sullivan County TN Relay for Life 9,000
    Backpack Blessings Inc
    PO Box 24
    Grundy,VA24614     		None PC Provide food packs to children for weekends 5,000
    Barter Foundation Inc
    160 Cummings Street
    Abingdon,VA24210     		None PC General support/Arts education 25,000
    Birthplace of Country Music Alliance
    520 Birthplace of Country Music Way
    Bristol,VA24201     		None PC Support of Annual Rhythm & Roots Festival 15,000
    Birthplace of Country Music Alliance
    416 State St Suite A
    Bristol,TN37620     		none PC General support of Birthplace of Country Music Museum 111,111
    Boy Scouts of America Sequoyah Council
    PO Box 3010
    Johnson City,TN37602     		None PC Promote value-driven program of youth development 25,000
    Boys and Girls Club of Bristol Inc
    334 Rebecca Street
    Bristol,VA24201     		None PC Inspire disadvantaged youth to realize their full potential 30,000
    Bristol Emergency Food Pantry
    21 Washington Street
    Bristol,VA24201     		None PC General support 25,000
    Bristol Faith in Action
    1534 Euclid Avenue
    Bristol,VA24201     		None PC Assist household of disabled Bristol Area 25,000
    Bristol Life Saving Crew
    PO Box 302
    Bristol,VA24203     		None PC General support 2,500
    Bristol Tennessee Police Department
    801 Anderson Street
    Bristol,VA37620     		None NC-Governmental Benevolent Fund 1,000
    Bristol Virginia Fire Department
    211 Lee St
    Bristol,VA24201     		None NC-Governmental General support 1,000
    Bristol Virginia Police Department
    501 Scott Street
    Bristol,VA24201     		None NC-Governmental General support 1,000
    Buchanan County Dept of Social Services
    3174 Slate Creek Road
    Grundy,VA24614     		None NC-Governmental Coal Miners Christmas & Special Needs Program 500
    CENTRAL VIRGINIA COMMUNITY COLLEGE
    3506 Wards Rd
    Lynchburg,VA24502     		None NC-School Education - Tuition 2,014
    Communities in Schools of SOUTHWEST Virginia
    220 Lee Street
    Bristol,VA24201     		None PC Provide shoes, clothing, food for students in need; Expand before/after school program 36,750
    Community School of Naples
    13275 Livingston Road
    Naples,FL34109     		None PC Library/Media Center 10,000
    Crossroads Medical Mission
    PO Box 16852
    Bristol,VA24209     		None PC Support mobile medical clinic for the underserved & Tri Cities 50,000
    DARTMOUTH COLLEGE
    6016 McNutt Hall
    HANOVER,NH03755     		None NC-SChool EDUCATION-TUITION 2,774
    DARTMOUTH COLLEGE
    6016 McNutt Hall
    HANOVER,NH03755     		None NC-SChool EDUCATION-BOOKS 750
    East Tennessee State University
    807 University Parkway
    Johnson City,TN376141700     		None NC-School Education - tuition 10,000
    Emory and Henry College
    PO Box 947
    Emory,VA243270947     		None NC-School Education - books 358
    Emory and Henry College
    PO Box 947
    Emory,VA243270947     		None NC-School Education - tuition 35,799
    Family Crisis Support Services
    701 Kentucky Ave SE
    NORTON,VA24273     		none PC Provide new shelter for individuals assisted with homelessness, domestic, or sexual abuse 10,000
    Feeding America Southwest Virginia
    1025 Electric Road
    Salem,VA24153     		None PC Mobile Food Pantry Assistance 75,000
    Feeding My Sheep Inc
    PO Box 970
    Vansant,VA24656     		None PC Provide food assistance in Buchanan County 30,000
    Food Bank of Wise County Incorporated
    PO Box 2977
    Wise,VA24293     		None PC Provide food assistance in Wise County 30,000
    Foundation for Educational and Developmental Opportunities Inc
    139 Terrace Drive
    Bristol,VA24202     		None PC General support 26,200
    Foundation for Educational and Developmental Opportunities Inc
    139 Terrace Drive
    Bristol,VA24202     		None PC Building Construction 302,541
    GEORGIA STATE UNIVERSITY
    PO Box 3965
    ATLANTA,GA30302     		None NC-SCHOOL EDUCATION-BOOKS 500
    GEORGIA STATE UNIVERSITY
    PO Box 3965
    ATLANTA,GA30302     		None NC-SCHOOL EDUCATION-ROOM & bOARD 835
    GEORGIA STATE UNIVERSITY
    PO Box 3965
    ATLANTA,GA30302     		None NC-SCHOOL EDUCATION-TUITION 8,025
    Haven of Rest Rescue Mission of Bristol
    624 Anderson Street
    Bristol,TN37620     		None PC Repair & upgrade of facilities for the homeless, hungry & needy 25,000
    Holston United Methodist Home for Children Inc
    404 Holston Drive
    Greenville,TN37744     		None PC General support 200,000
    JACKSONVILLE UNIVERSITY
    2800 University Blvd N
    JACKSONVILLE,FL32211     		None NC-School EDUCATION-BOOKS 750
    JACKSONVILLE UNIVERSITY
    2800 University Blvd N
    JACKSONVILLE,FL32211     		None NC-School EDUCATION-TUITION 10,115
    JOHN HOPKINS UNIVERSITY
    750 E Pratt Street
    BALTIMORE,MD21202     		None NC-SCHool Sidney Kimmel Comprehensive Cancer Center for pancreatic cancer research 250,000
    Johnson University
    7900 Johnson Dr
    Knoxville,TN37998     		None NC-School Education - tuition 33,748
    Johnson University
    7900 Johnson Dr
    Knoxville,TN37998     		None NC-School Education - books 961
    King University
    1350 King College Rd
    Bristol,TN37620     		None NC-School Education - tuition 6,573
    Lee Street Baptist ChurchLee Street Community Center
    1 West Mary Street
    Bristol,VA24201     		None PC Child Care Center support 25,000
    Liberty University
    1971 University Boulevard
    Lynchburg,VA24502     		None NC-School Education - tuition 73,318
    Liberty University
    1971 University Boulevard
    Lynchburg,VA24502     		None NC-School Education - books 3,380
    Longwood College
    302 High St
    Farmville,VA23909     		None NC-School Education - books 836
    Longwood College
    302 High St
    Farmville,VA23909     		None NC-School Education - tuition 12,579
    Longwood College
    302 High St
    Farmville,VA23909     		None NC-School Education - room & board 448
    Lynchburg College
    1501 Lakeside Drive
    Lynchburg,VA24502     		None NC-School Education - books 500
    Lynchburg College
    1501 Lakeside Drive
    Lynchburg,VA24501     		None NC-School Education - tuition 20,543
    Milligan College
    PO Box 500
    Milligan College,TN37682     		None NC-School Education - books 5,336
    Milligan College
    PO Box 500
    Milligan College,TN37682     		None NC-School Education - tuition 44,870
    MONTGOMERY COLLEGE
    51 Mannakee St
    ROCKVILLE,MD20850     		None NC-School EDUCATION-TUITION 612
    Mountain States Foundation
    2335 Knob Creek Road Suite 101
    Johnson City,TN37604     		None PC Niswonger Children's Hospital 30,000
    Northern VA Community College
    6699 Springfield Center Dr
    Springfield,VA22150     		None NC-School Education - tuition 3,720
    Ohio State University
    281 W Lane Ave
    Columbus,OH43210     		None NC-School Education - tuition 12,500
    Ohio State University
    281 W Lane Ave
    Columbus,OH43210     		None NC-School Education - books 498
    Ohio University
    1 Ohio University
    Athens,OH45701     		None NC-School EDUCATION-ROOM & BOARD 600
    Ohio University
    1 Ohio University
    Athens,OH45701     		None NC-School Education - books 1,260
    Ohio University
    1 Ohio University
    Athens,OH45701     		None NC-School Education - tuition 44,100
    Old Dominion University
    5115 Hampton Boulevard
    Norfolk,VA23529     		None NC-School Education - books 427
    Pace University
    1 Pace Plaza
    New York City,NY10038     		None NC-School Education - room & board 800
    Pace University
    1 Pace Plaza
    New York City,NY10038     		None NC-School Education - tuition 61,700
    Pace University
    1 Pace Plaza
    New York City,NY10038     		None NC-School Education - books 2,073
    Penn State
    University Park
    State College,PA16801     		None NC-School Education - tuition 39,209
    Penn State
    University Park
    State College,PA16801     		None NC-School Education - books 2,250
    Presbyterian Children's Home of the Highlands Inc
    425 Grayson Road
    Wytheville,VA24382     		None PC Help serve young people/families in crisis 20,000
    Quinnipiac University
    275 Mount Carmel Avenue
    Hamden,CT06518     		None NC-School Education - books 7,955
    Quinnipiac University
    275 Mount Carmel Avenue
    Hamden,CT06518     		None NC-School Education - tuition 188,745
    Quinnipiac University
    275 Mount Carmel Avenue
    Hamden,CT06518     		None NC-School Education - room & board 2,427
    Rivers Way Inc
    889 Stoney Hollow Road
    Bluff City,TN37618     		None PC Fund Alive & Well programming 10,000
    Serving Orphans Worldwide Inc
    340 MLK Jr Blvd
    Bristol,TN37620     		None PC General support 12,500
    Seton Hall University
    400 South Orange Avenue
    South Orange,NJ07079     		None NC-School Education - tuition 50,000
    Seton Hall University
    400 South Orange Avenue
    South Orange,NJ07079     		None NC-School Education - books 1,612
    St Mary's Health Wagon (aka The Health Wagon)
    PO Box 709
    Clintwood,VA24228     		None PC Support Expansion of Healthcare Services 10,000
    Sullins Academy
    22218 Sullins Academy Drive
    Bristol,VA24202     		None PC Scholarships 10,000
    Symphony of the Mountains
    1200 East Center Street Ste 311
    Kingsport,TN37660     		None PC Underwrite holiday concerts in Dec 2014 20,000
    The New School
    66 W 12th Street
    New York City,NY10011     		None NC-School Education - tuition 25,000
    The Paramount Foundation
    518 State Street
    Bristol,TN37620     		None PC General support 15,000
    Theatre Bristol
    512 State Street
    Bristol,TN37620     		None PC Revival of Bristol's children's theatre & education 5,000
    UNIVERSITY OF INDIANAPOLIS
    1400 E Hanna Ave
    INDIANAPOLIS,IN46227     		None NC-School EDUCATION-TUITION 10,670
    UNIVERSITY OF INDIANAPOLIS
    1400 E Hanna Ave
    INDIANAPOLIS,IN46227     		None NC-School EDUCATION-BOOKS 1,250
    University of Kentucky
    800 Rose Street
    Lexington,KY40508     		None NC-School Education - tuition 14,262
    University of Kentucky
    800 Rose Street
    Lexington,KY40508     		None NC-School Education - books 471
    UNIVERSITY OF MARYLAND BALTIMORE COUNTY
    1000 Hilltop Cir
    BALTIMORE,MD21250     		None NC-SChool EDUCATION-TUITION 7,720
    UNIVERSITY OF MARYLAND BALTIMORE COUNTY
    1000 Hilltop Cir
    BALTIMORE,MD21250     		none NC-SChool education-books 500
    University of Minnesota
    231 Pillsbury Dr SE
    MINNEApolis,MN55455     		None NC-SChool EDUCATION-TUITION 8,847
    University of North Carolina - Charlotte
    9201 University City Boulevard
    Charlotte,NC282230001     		None NC-School Education - tuition 8,853
    University of North Carolina - Charlotte
    9201 University City Boulevard
    Charlotte,NC282230001     		None NC-School Education - books 842
    University of Pikeville
    147 Sycamore St
    Pikeville,KY41501     		None NC-School EDUCATION-ROOM & BOARD 2,925
    University of Pikeville
    147 Sycamore St
    Pikeville,KY41501     		None NC-School Education - tuition 17,192
    University of Pikeville
    147 Sycamore St
    Pikeville,KY41501     		None NC-School Education - books 1,500
    Virginia Commonwealth University
    1111 W Broad Street
    Richmond,VA23221     		None NC-School Education - books 1,561
    Virginia Commonwealth University
    1111 W Broad Street
    Richmond,VA23221     		None NC-School EDUCATION-ROOM & BOARD 2,256
    Virginia Commonwealth University
    1111 W Broad Street
    Richmond,VA23221     		None NC-School Education - tuition 48,571
    Virginia Tech
    210 Burruss Hall
    Blacksburg,VA24061     		None NC-School Education - tuition 30,525
    Virginia Tech
    210 Burruss Hall
    Blacksburg,VA24061     		None NC-School Education - books 2,020
    Virginia Tech
    210 Burruss Hall
    Blacksburg,VA24061     		None NC-School Education - room & board 350
    Virginia Tech Foundation
    902 Prices Fork Road
    Blacksburg,VA24061     		None PC THE ARTS CENTER 400,000
    William and Mary
    751 Ukrop Way
    Williamsburg,VA23185     		None NC-School Education - tuition 19,302
    William and Mary Tribe Computer Store
    751 Ukrop Way
    Williamsburg,VA23185     		None NC-School Education - books 1,681
    YMCA of Buchanan County
    PO Box 1450
    Grundy,VA24614     		None PC General support 161,569
    YWCA - Bristol
    106 State Street
    Bristol,TN37620     		None PC General support 25,000
    Total .................................bullet 3a 2,973,469
    bApproved for future payment
    Birthplace of Country Music Alliance
    416 State St Suite A
    Bristol,TN37620     		none PC General support of Birthplace of Country Music Museum 222,222
    JOHN HOPKINS UNIVERSITY
    750 E Pratt Street
    BALTIMORE,MD21202     		none NC-SCHool Sidney Kimmel Comprehensive Cancer Center for pancreatic cancer research 250,000
    Total .................................bullet 3b 472,222
    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 ...........     		    14 158  
    4 Dividends and interest from securities....     14 1,083,239  
    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 4,032,665  
    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 5,116,062 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    135,116,062
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

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

    TY 2015 DepreciationSchedule
    Name:
    The United Company Charitable Foundation
    EIN:
    54-1390453
    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
    Ford Van - Soup Kitchen 2011-07-05 23,148 23,148 SL 3.000000000000 0 0    
    Chevrolet Van - Soup Kitchen 2012-10-01 16,720 12,539 SL 3.000000000000 4,181 0    
    Soup Kettle 2007-10-01 4,245 4,245 SL 5.000000000000 0 0    
    Can Opener 2011-08-16 602 410 SL 5.000000000000 120 0    
    Soup Kettle 2011-10-01 20,448 13,293 SL 5.000000000000 4,090 0    
    Refrigerator 2011-10-01 3,833 2,493 SL 5.000000000000 767 0    
    Air Conditioner 2011-10-01 619 403 SL 5.000000000000 124 0    
    Work Tables 2011-11-01 882 557 SL 5.000000000000 176 0    
    Double Door Cooler 2009-10-01 4,902 4,902 SL 5.000000000000 0 0    
    Television 2012-02-01 399 233 SL 5.000000000000 80 0    
    HP Inkjet Printer 2007-06-01 1,077 1,077 SL 5.000000000000 0 0    
    Computer & Monitor 2010-12-01 1,518 1,240 SL 5.000000000000 278 0    
    Canon printer/scanner 2012-06-30 242 124 SL 5.000000000000 48 0    
    Computer & Monitor 2012-01-01 150 150 SL 3.000000000000 0 0    
    Computer & Monitor 2012-10-01 961 720 SL 3.000000000000 241 0    
    Electrical- Soup Kitchen 2011-12-01 4,555 937 SL 15.000000000000 304 0    
    New entrance doors 2011-11-01 3,324 703 SL 15.000000000000 222 0    
    Soup Kitchen construction 2011-11-01 461 98 SL 15.000000000000 31 0    
    Painting new additions 2011-11-01 672 142 SL 15.000000000000 45 0    
    Install Water & Gas Line Soup K 2011-11-01 1,474 310 SL 15.000000000000 98 0    
    Paving 2011-12-01 7,500 1,542 SL 15.000000000000 500 0    
    Entrance doors lock set 2012-01-01 105 21 SL 15.000000000000 7 0    
    Soup Kitchen painting 2012-03-01 617 116 SL 15.000000000000 41 0    
    Soup Kitchen renovations 2012-03-01 3,542 669 SL 15.000000000000 236 0    
    Soup Kitchen acoustical ceiling 2012-03-01 2,115 400 SL 15.000000000000 141 0    
    HP LaserJet printer 2013-05-07 332 110 SL 5.000000000000 66 0    
    Dell Precision Workstation 2013-09-04 383 103 SL 5.000000000000 77 0    
    HP LaserJet printer 2013-09-04 252 67 SL 5.000000000000 50 0    
    Dell E Series Monitor 2013-09-04 161 43 SL 5.000000000000 32 0    
    LEASEHOLD IMPROVEMENT12 2013-12-31 1,080 72 SL 15.000000000000 72 0    
    AWNING 2014-03-01 1,080 60 SL 15.000000000000 72 0    
    REFRIGERATOR 2015-03-01 3,650   SL 5.000000000000 606 0    

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    The United Company Charitable Foundation
    EIN:
    54-1390453
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICAN EXPRESS CRE 2.125% 03/18/19 199,348 199,348
    BANK OF AMERICA CORP 2.6% 01/15/19 200,232 200,232
    BANK OF MONTREAL MTN 2.375% 01/25/19 201,468 201,468
    DOMINION RESOURCES INC 1.4% 09/15/17 198,326 198,326
    DUKE ENERGY CORP 2.1% 06/15/18 200,876 200,876
    EASTMAN CHEMICAL CO 2.4% 06/01/17 201,420 201,420
    GOLDMAN SACHS GROUP 2.625% 01/31/19 201,268 201,268
    HEWLETT-PACKARD CO 2.75% 01/14/19 199,652 199,652
    JPMORGAN CHASE & CO 1.625% 05/15/18 198,360 198,360
    MORGAN STANLEY 2.125% 04/25/18 199,614 199,614
    PEPSICO INC 1.25% 08/13/17 199,840 199,840
    PRUDENTIAL FINANCI MTN 2.3% 08/15/18 211,012 211,012
    UNITED PARCEL SERVIC 1.125% 10/01/17 199,878 199,878
    US BANCORP SR NOTE MTN 2.2% 04/25/19 201,934 201,934
    WELLPOINT INC 2.375% 02/15/17 201,854 201,854

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    The United Company Charitable Foundation
    EIN:
    54-1390453
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 647,752 647,752
    ACCENTURE PLC-CL A 454,575 454,575
    AFLAC INC 446,255 446,255
    AGRIUM INC 250,152 250,152
    AIR PRODUCTS & CHEMICALS INC 292,747 292,747
    ALLSTATE CORP 294,927 294,927
    ALTRIA GROUP INC 325,976 325,976
    APPLE INC. 584,193 584,193
    AT&T INC 309,690 309,690
    AUTOMATIC DATA PROCESSING INC 537,972 537,972
    BCE INC 247,168 247,168
    BRISTOL MYERS SQUIBB CO 846,117 846,117
    CHEVRON CORP 283,374 283,374
    CHUBB CORP 331,600 331,600
    CISCO SYSTEMS INC 391,032 391,032
    COCA-COLA CO 309,312 309,312
    COMCAST CORP 316,008 316,008
    ELI LILLY & CO 320,188 320,188
    EXXON MOBIL CORP 288,415 288,415
    GENERAL ELECTRIC CO 513,975 513,975
    GENERAL MILLS INC 446,865 446,865
    GENERAL MOTORS CO 289,085 289,085
    GENUINE PARTS CO 309,204 309,204
    GILEAD SCIENCES INC 252,975 252,975
    GLAXOSMITHKLINE PLC 266,310 266,310
    HOME DEPOT INC 13,225 13,225
    ILLINOIS TOOL WORKS INC 620,956 620,956
    INTEL CORP 306,605 306,605
    INTERNATIONAL BUSINESS MACHINES CORP 323,407 323,407
    INTERNATIONAL PAPER CO 275,210 275,210
    JOHNSON & JOHNSON 475,080 475,080
    JP MORGAN CHASE & CO 544,748 544,748
    KIMBERLY-CLARK CORP 585,580 585,580
    LOCKHEED MARTIN CORP 347,440 347,440
    LYONDELLBASELL INDU-CL A 278,080 278,080
    MC DONALDS CORP 383,955 383,955
    MEDTRONIC 307,680 307,680
    MERCK AND CO INC 493,867 493,867
    MICROSOFT CORP 360,620 360,620
    NUCOR CORP 294,190 294,190
    OCCIDENTAL PETROLEUM CORP 270,440 270,440
    ORACLE CORP 255,710 255,710
    PEPSICO INC 514,588 514,588
    PFIZER INC 490,656 490,656
    PROCTER & GAMBLE CO 285,876 285,876
    SCHLUMBERGER LTD 265,050 265,050
    SKYWORKS SOLUTIONS INC 242,014 242,014
    STANLEY BLACK & DECKER,INC. 373,555 373,555
    SYSCO CORP 451,000 451,000
    TEXAS INSTRUMENTS INC 328,860 328,860
    THE TRAVELERS COMPANIES INC. 538,907 538,907
    UNITED TECHNOLOGIES CORP 463,538 463,538
    US BANCORP DEL 520,574 520,574
    VERIZON COMMUNICATIONS INC 301,586 301,586
    VODAFONE GROUP PLC-SP ADR 258,080 258,080
    WALMART STORES INC 239,070 239,070
    WALT DISNEY CO 420,320 420,320
    WELLS FARGO & CO 561,267 561,267

    TY 2015 InvestmentsOtherSchedule2
    Name:
    The United Company Charitable Foundation
    EIN:
    54-1390453
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CONSUMER DISCRETIONARY SELECT SPDR FUND FMV 703,447 703,447
    CONSUMER STAPLES SPDR FUND FMV 691,713 691,713
    ENERGY SELECT SECTOR SPDR FD FMV 542,880 542,880
    ENTERPRISE PRODUCTS PARTNERS L P (PTP) FMV 276,264 276,264
    FINANCIAL SELECT SECTOR SPDR FMV 619,580 619,580
    HEALTH CARE SELECT SECTOR SPDR FUND FMV 662,676 662,676
    INDUSTRIAL SELECT SECT SPDR FMV 583,110 583,110
    ISHARES CORE U.S. AGGREGATE BOND ETF FMV 9,936,920 9,936,920
    MATERIALS SELECT SECTOR SPDR FUND FMV 536,237 536,237
    TECHNOLOGY SELECT SECTOR SPDR FUND FMV 1,284,900 1,284,900
    UTILITIES SELECT SECTOR SPDR FMV 584,280 584,280

    TY 2015 LandEtcSchedule2
    Name:
    The United Company Charitable Foundation
    EIN:
    54-1390453
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Ford Van - Soup Kitchen 23,148 23,148 0  
    Chevrolet Van - Soup Kitchen 16,720 16,720 0  
    Soup Kettle 4,245 4,245 0  
    Can Opener 602 530 72  
    Soup Kettle 20,448 17,383 3,065  
    Refrigerator 3,833 3,260 573  
    Air Conditioner 619 527 92  
    Work Tables 882 733 149  
    Double Door Cooler 4,902 4,902 0  
    Television 399 313 86  
    HP Inkjet Printer 1,077 1,077 0  
    Computer & Monitor 1,518 1,518 0  
    Canon printer/scanner 242 172 70  
    Computer & Monitor 150 150 0  
    Computer & Monitor 961 961 0  
    Electrical- Soup Kitchen 4,555 1,241 3,314  
    New entrance doors 3,324 925 2,399  
    Soup Kitchen construction 461 129 332  
    Painting new additions 672 187 485  
    Install Water & Gas Line Soup K 1,474 408 1,066  
    Paving 7,500 2,042 5,458  
    Entrance doors lock set 105 28 77  
    Soup Kitchen painting 617 157 460  
    Soup Kitchen renovations 3,542 905 2,637  
    Soup Kitchen acoustical ceiling 2,115 541 1,574  
    HP LaserJet printer 332 176 156  
    Dell Precision Workstation 383 180 203  
    HP LaserJet printer 252 117 135  
    Dell E Series Monitor 161 75 86  
    LEASEHOLD IMPROVEMENT12 1,080 144 936  
    AWNING 1,080 132 948  
    REFRIGERATOR 3,650 606 3,044  


    TY 2015 OtherDecreasesSchedule
    Name:
    The United Company Charitable Foundation
    EIN:
    54-1390453
    Description Amount
    NET UNREALIZED GAINS 5,132,800


    TY 2015 OtherExpensesSchedule
    Name:
    The United Company Charitable Foundation
    EIN:
    54-1390453
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Fuel (soup kitchen) 3,324 0   3,324
    Repairs and maintenance 353 0   353
    Supplies 17,553 0   17,553
    Vehicle expense (soup kitchen) 180 0   180
    Cost of food consumed (soup kitchen) 150,695 0   150,695
    Insurance 29,644 0   29,644
    Payroll Processing - ADP 3,020 0   3,020
    Management fees 208,641 208,641   0
    Camp success 46,580 0   46,580
    Taxes and licenses 52 0   52
    Telephone 1,891 0   1,891
    Electricity 9,058 0   9,058
    Cable TV 634 0   634
    Dues and subscriptions 419 0   419
    HSA ADMINISTRATIVE EXPENSE 630 0   630
    PROMOTIONS & ADVERTISING 149 0   149
    passthrough loss enterprise products partners lp 31,107 0   0
    CONSULTING FEES 5,360 0   5,360
    MISCELLANEOUS 70 0   70


    TY 2015 OtherIncreasesSchedule
    Name:
    The United Company Charitable Foundation
    EIN:
    54-1390453
    Description Amount
    Return of Capital Dividends 2,958
    PARTNERSHIP DISTRIBUTIONS 13,496
    Partnership K-1 Passthrough 31,107


    TY 2015 OtherLiabilitiesSchedule
    Name:
    The United Company Charitable Foundation
    EIN:
    54-1390453
    Description Beginning of Year - Book Value End of Year - Book Value
    ACCRUED PAYROLL 6,829 7,760
    ACCRUED TAXES 496 569
    OTHER PAYABLES 100 100


    TY 2015 TaxesSchedule
    Name:
    The United Company Charitable Foundation
    EIN:
    54-1390453
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Section 4940 Tax 49,249 0   0