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
BRENT TAYLOR PERPETUAL CHAR TRUST
MERCANTILE BANK TRUSTEE
Number and street (or P.O. box number if mail is not delivered to street address)200 N 33RD PO BOX 3455
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
QUINCY, IL623053455
A Employer identification number

37-6353965
B Telephone number (see instructions)

(217) 223-7310
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$188,167J 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) 43,000
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 113 113  
4 Dividends and interest from securities... 625 625  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 29
b Gross sales price for all assets on line 6a 29
7 Capital gain net income (from Part IV, line 2)... 29
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 -174    
12 Total. Add lines 1 through 11........ 43,593 767  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 3,427 2,570   857
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,500 1,125   375
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 15      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,942 3,695   1,232
25 Contributions, gifts, grants paid....... 164,028 164,028
26 Total expenses and disbursements. Add lines 24 and 25 168,970 3,695   165,260
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -125,377
b Net investment income (if negative, enter -0-) 0
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......... 266,572 143,599 143,599
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)....... 135,246 Click to see attachment135,246 31,676
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     12,892
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 401,818 278,845 188,167
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 attachment1,947 Click to see attachment2,851
23 Total liabilities (add lines 17 through 22)......... 1,947 2,851
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........ 399,871 275,994
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)..... 399,871 275,994
31 Total liabilities and net assets/fund balances (see instructions). 401,818 278,845
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
399,871
2
Enter amount from Part I, line 27a .....................
2
-125,377
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,500
4
Add lines 1, 2, and 3 ..........................
4
275,994
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
275,994
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 K-1 ENTERPRISE PRODUCTS PARTNERS L.P P 2014-01-01 2015-12-31
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 29     29
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       29
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 29
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      
2013      
2012      
2011      
2010      
2
Total of line 1, column (d) .....................
2  
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
 
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
 
5
Multiply line 4 by line 3......................
5
 
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
 
7
Add lines 5 and 6........................
7
 
8
Enter qualifying distributions from Part XII, line 4.............
8
 
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 0
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  
3 Add lines 1 and 2........................... 3  
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5  
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a  
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL
    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 addressbulletN/A
    14
    The books are in care ofbulletMERCANTILE BANK Telephone no.bullet (217) 223-7310

    Located atbullet200 N 33RD PO BOX 3455QUINCYIL ZIP+4bullet623053455
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
     
    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
    MERCANTILE BANK TRUSTEE
    4.00     		3,427 0 0
    200 N 33RD PO BOX 3455
    QUINCY,IL623053455
    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  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    85,786
    b
    Average of monthly cash balances.......................
    1b
    215,228
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    301,014
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    301,014
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    4,515
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    296,499
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    14,825
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    14,825
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
     
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    14,825
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    1,500
    5
    Add lines 3 and 4............................
    5
    16,325
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    16,325
    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
    165,260
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    165,260
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    165,260
    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 16,325
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012...... 75,405
    d From 2013...... 195,798
    e From 2014...... 170,588
    fTotal of lines 3a through e........ 441,791
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 165,260
    a Applied to 2014, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2015 distributable amount..... 16,325
    e Remaining amount distributed out of corpus 148,935
    5 Excess distributions carryover applied to 2015.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 590,726
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		590,726
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012.... 75,405
    c Excess from 2013.... 195,798
    d Excess from 2014.... 170,588
    e Excess from 2015.... 148,935
    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:
    TITAN INTERNATIONAL INC
    2701 SPRUCE STREET
    QUINCY,IL62301
    (217) 221-4489
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION FORMS MAY BE OBTAINED FROM: TITAN INTERNATIONAL, INC. ATTN: MS. KRISTA GRAY 2701 SPRUCE STREET QUINCY, IL 62301
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ELIGIBLE RECIPIENTS ARE PERSONS ENROLLED IN A QUALIFIED EDUCATIONAL INSTITUTION ON A FULL-TIME BASIS FOR THE SUCCEEDING SEMESTER OR QUARTER AND WHO ARE: (A) WITH RESPECT TO THE BRENT TAYLOR MEMORIAL COMPANY SCHOLARSHIPS, QUALIFIED EMPLOYEES OR CHILDREN OF QUALIFIED EMPLOYEES OF TITAN INTERNATIONAL, INC., OR ANY OF ITS SUBSIDIARIES OR AFFILIATES, OR OTR WHEEL, INC., OR ANY OF ITS SUBSIDIARIES OR AFFILIATES; OR (B) WITH RESPECT TO THE BRENT TAYLOR MEMORIAL COMMUNITY SCHOLARSHIPS, RESIDENTS OF QUINCY, ILLINOIS, ELLSWORTH MICHIGAN, OR SALTVILLE, VIRGINIA. "QUALIFIED EMPLOYEES" ARE PERSONS WHO HAVE BEEN EMPLOYED FOR TWELVE CONSECUTIVE MONTHS PRECEDING THE DATE OF THE APPLICATION. "ELIGIBLE RECIPIENTS" SHALL NOT INCLUDE ANY RELATIVE OF A MEMBER OF THE SCHOLARSHIP ADVISORY COMMITTEE.
    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
    AT STILL UNIVERSITY OF HEALTH SCI
    OFFICE OF FINANCIAL AID 8
    KIRKSVILLE,MO63501     		N/A PC SCHOLARSHIP FBO LARYNN SHUMAKER 1,000
    ALDERSON-BROADDUS UNIVERSITY
    STUDENT AFFAIRS BOX 2092
    PHILIPPI,WV26416     		N/A PC SCHOLARSHIP FBO TYLER BENNER 1,000
    ARIZONA STATE UNIVERSITY
    STUDENT ACCOUNTS/CASHIERI
    TEMPE,AZ852870303     		N/A PC SCHOLARSHIP FBO AARON PACHECO 1,000
    AURORA UNIVERSITY
    347 S GLADSTONE
    AURORA,IL60506     		N/A PC SCHOLARSHIP FBO COURTNEY BAMBERG 1,000
    AURORA UNIVERSITY
    347 S GLADSTONE
    AURORA,IL60506     		N/A PC SCHOLARSHIP FBO ZACHARIAH O'QUINN 1,000
    BLACKHAWK TECHNICAL COLLEGE
    6004 S CTY RD G PO BOX
    JANESVILLE,WI53547     		N/A PC SCHOLARSHIP FBO AUSTIN JAMES LYNE 1,000
    BLESSING RIEMAN COLLEGE OF NURSING
    FINANCIAL AID TENTH AND O
    QUINCY,IL62301     		N/A PC SCHOLARSHIP FBO SARAH WHITE 1,000
    BOWLING GREEN STATE UNIVERSITY
    1001 E WOOSTER STREET
    BOWLING GREEN,OH43403     		N/A PC SCHOLARSHIP FBO COLE CLARK 1,000
    BOWLING GREEN STATE UNIVERSITY
    1001 E WOOSTER STREET
    BOWLING GREEN,OH43403     		N/A PC SCHOLARSHIP FBO ABIGAIL RIELLY 1,000
    CARROLL UNIVERSITY
    100 N EAST AVENUE
    WAUKESHA,WI53186     		N/A PC SCHOLARSHIP FBO ERIC WALZ 1,000
    CENTRAL METHODIST UNIVERSITY
    JENNIFER SHEPARD 411 CENT
    FAYETTE,MO65248     		N/A PC SCHOLARSHIP FBO HANNAH SMITH 1,000
    CENTRAL MICHIGAN UNIVERSITY
    ACCOUNT SERVICES BOVEE UN
    MOUNT PLEASANT,MI48859     		N/A PC SCHOLARSHIP FBO LINDSAY PRINGLE 1,000
    COE COLLEGE
    1220 1ST AVE NE
    CEDAR RAPIDS,IA52402     		N/A PC SCHOLARSHIP FBO CORBEN GROSSENBACHER 1,000
    CULVER-STOCKTON COLLEGE
    1 COLLEGE HILL
    CANTON,MO63435     		N/A PC SCHOLARSHIP FBO JACOB CALVIN 1,000
    CULVER-STOCKTON COLLEGE
    1 COLLEGE HILL
    CANTON,MO63435     		N/A PC SCHOLARSHIP FBO KENDALL CAMP 1,000
    CULVER-STOCKTON COLLEGE
    1 COLLEGE HILL
    CANTON,MO63435     		N/A PC SCHOLARSHIP FBO MCKENZIE SHRADER 1,000
    DEFIANCE COLLEGE
    701 N CLINTON ST
    DEFIANCE,OH43512     		N/A PC SCHOLARSHIP FBO COLTON RELYEA 1,000
    DES MOINES AREA COMMUNITY COLLEGE
    2006 S ANKENY BLVD
    ANKENY,IA50023     		N/A PC SCHOLARSHIP FBO AMELA HRKIC 1,000
    DES MOINES AREA COMMUNITY COLLEGE
    2006 S ANKENY BLVD
    ANKENY,IA50023     		N/A PC SCHOLARSHIP FBO BAJRO SEHIC 1,000
    DES MOINES AREA COMMUNITY COLLEGE
    2006 S ANKENY BLVD
    ANKENY,IA50023     		N/A PC SCHOLARSHIP FBO BELMINA HRKIC 1,000
    DES MOINES AREA COMMUNITY COLLEGE
    2006 S ANKENY BLVD
    ANKENY,IA50023     		N/A PC SCHOLARSHIP FBO BEN SLOAN 1,000
    DES MOINES AREA COMMUNITY COLLEGE
    2006 S ANKENY BLVD
    ANKENY,IA50023     		N/A PC SCHOLARSHIP FBO BINH LE 1,000
    DES MOINES AREA COMMUNITY COLLEGE
    2006 S ANKENY BLVD
    ANKENY,IA50023     		N/A PC SCHOLARSHIP FBO JASON ROMAN 1,000
    DES MOINES AREA COMMUNITY COLLEGE
    2006 S ANKENY BLVD
    ANKENY,IA50023     		N/A PC SCHOLARSHIP FBO VAHIDIN SULJANOVIC 1,000
    DMACC
    2006 SOUTH ANKENY BOULEV
    ANKENY,IA50023     		N/A PC SCHOLARSHIP FBO BEN FOX 1,000
    DMACC
    2006 SOUTH ANKENY BOULEV
    ANKENY,IA50023     		N/A PC SCHOLARSHIP FBO LEJIA BESIC 1,000
    DMACC
    2006 SOUTH ANKENY BOULEV
    ANKENY,IA50023     		N/A PC SCHOLARSHIP FBO MARTIN SANDOVAL 1,000
    DMACC
    2006 SOUTH ANKENY BOULEV
    ANKENY,IA50023     		N/A PC SCHOLARSHIP FBO SAMANTHA BALES 1,000
    DMACC
    2006 SOUTH ANKENY BOULEV
    ANKENY,IA50023     		N/A PC SCHOLARSHIP FBO FERID HODZIC 1,000
    EVANGEL UNIVERSITY
    1111 N GLENSTONE
    SPRINGFIELD,MO65802     		N/A PC SCHOLARSHIP FBO CHRISTOPHER HARNESS 1,000
    GRAND CANYON UNIVERSITY
    ACCOUNTING OFFICE 3300 W
    PHOENIX,AZ85017     		N/A PC SCHOLARSHIP FBO AMANDA BRIGGS 1,000
    GRANDVIEW UNIVERSITY
    1200 GRANDVIEW AVENUE
    DES MOINES,IA50316     		N/A PC SCHOLARSHIP FBO DASHAWN CASON 1,000
    HANNIBAL LAGRANGE UNIVERSITY
    REGISTRARS OFFICE 2800 PA
    HANNIBAL,MO63401     		N/A PC SCHOLARSHIP FBO KAILEA GRIFFEN 1,000
    HEIDELBERG UNIVERSITY
    310 E MARKET ST
    TIFFIN,OH44883     		N/A PC SCHOLARSHIP FBO DEREK HUG 1,000
    HIGHLAND COMMUNITY COLLEGE
    2998 W PEARL CITY ROAD
    FREEPORT,IL61032     		N/A PC SCHOLARSHIP FBO ASHLYN MILLER 1,000
    HIGHLAND COMMUNITY COLLEGE
    2998 W PEARL CITY ROAD
    FREEPORT,IL61032     		N/A PC SCHOLARSHIP FBO BRIANA SMITH 1,000
    HIGHLAND COMMUNITY COLLEGE
    2998 W PEARL CITY ROAD
    FREEPORT,IL61032     		N/A PC SCHOLARSHIP FBO CORBIN KAPPES 1,000
    HIGHLAND COMMUNITY COLLEGE
    2998 W PEARL CITY ROAD
    FREEPORT,IL61032     		N/A PC SCHOLARSHIP FBO JOHN MENNENGA 1,000
    HIGHLAND COMMUNITY COLLEGE
    2998 W PEARL CITY ROAD
    FREEPORT,IL61032     		N/A PC SCHOLARSHIP FBO KENZIE KAISER 1,000
    HIGHLAND COMMUNITY COLLEGE
    2998 W PEARL CITY ROAD
    FREEPORT,IL61032     		N/A PC SCHOLARSHIP FBO KYLE ALBRECHT 1,000
    HIGHLAND COMMUNITY COLLEGE
    2998 W PEARL CITY ROAD
    FREEPORT,IL61032     		N/A PC SCHOLARSHIP FBO MALIA SPELLMAN 1,000
    HIGHLAND COMMUNITY COLLEGE
    2998 W PEARL CITY ROAD
    FREEPORT,IL61032     		N/A PC SCHOLARSHIP FBO NICOLE MCFADDEN 1,000
    HIGHLAND COMMUNITY COLLEGE
    2998 W PEARL CITY ROAD
    FREEPORT,IL61032     		N/A PC SCHOLARSHIP FBO RACHEL STREIGHT 1,000
    HIGHLAND COMMUNITY COLLEGE
    2998 W PEARL CITY ROAD
    FREEPORT,IL61032     		N/A PC SCHOLARSHIP FBO RYAN ANGELL 1,000
    HIGHLAND COMMUNITY COLLEGE
    2998 W PEARL CITY ROAD
    FREEPORT,IL61032     		N/A PC SCHOLARSHIP FBO RYAN JONES 1,000
    HIGHLAND COMMUNITY COLLEGE
    2998 W PEARL CITY ROAD
    FREEPORT,IL61032     		N/A PC SCHOLARSHIP FBO SADIE SEEFELDT-SWANS 1,000
    HIGHLAND COMMUNITY COLLEGE
    2998 W PEARL CITY ROAD
    FREEPORT,IL61032     		N/A PC SCHOLARSHIP FBO STEVEN MIDDENDORF 1,000
    HIGHLAND COMMUNITY COLLEGE
    2998 W PEARL CITY ROAD
    FREEPORT,IL61032     		N/A PC SCHOLARSHIP FBO TANYA TURNER 1,000
    HIGHLAND COMMUNITY COLLEGE
    2998 W PEARL CITY ROAD
    FREEPORT,IL61032     		N/A PC SCHOLARSHIP FBO TREVOR MILLER 1,000
    HIGHLAND COMMUNITY COLLEGE
    2998 W PEARL CITY ROAD
    FREEPORT,IL61032     		N/A PC SCHOLARSHIP FBO WHITNEY BECKER 1,000
    ILLINOIS STATE UNIVERSITY
    FINANCIAL AID OFFICE CAMP
    NORMAL,IL617902320     		N/A PC SCHOLARSHIP FBO JOSHUA ROBERT HRUDIC 1,000
    ILLINOIS STATE UNIVERSITY
    FINANCIAL AID OFFICE CAMP
    NORMAL,IL617902320     		N/A PC SCHOLARSHIP FBO JUSTIN SPELLMAN 1,000
    INDIAN HILLS COMMUNITY COLLEGE
    525 GRANDVIEW AVENUE
    OTTUMWA,IA52501     		N/A PC SCHOLARSHIP FBO BRITTANY LYNN WIEPRE 1,000
    IOWA LAKES COMMUNITY COLLEGE
    BUSINESS OFFICE 300 SOUTH
    ESTERVILLE,IA51334     		N/A PC SCHOLARSHIP FBO KARINGTON MAMMEN 1,000
    IOWA STATE UNIVERSITY
    OFFICE OF STUDENT FINANCI
    AMES,IA50011     		N/A PC SCHOLARSHIP FBO AMY HUYNH 1,000
    IOWA STATE UNIVERSITY
    OFFICE OF STUDENT FINANCI
    AMES,IA50011     		N/A PC SCHOLARSHIP FBO BENJAMIN BEGOVIC 1,000
    IOWA STATE UNIVERSITY
    OFFICE OF STUDENT FINANCI
    AMES,IA50011     		N/A PC SCHOLARSHIP FBO CALEB JOHN SWEHLA 1,000
    IOWA STATE UNIVERSITY
    OFFICE OF STUDENT FINANCI
    AMES,IA50011     		N/A PC SCHOLARSHIP FBO CASSIDY FOX 1,000
    IOWA STATE UNIVERSITY
    OFFICE OF STUDENT FINANCI
    AMES,IA50011     		N/A PC SCHOLARSHIP FBO CONNOR DAVIS 1,000
    IOWA STATE UNIVERSITY
    OFFICE OF STUDENT FINANCI
    AMES,IA50011     		N/A PC SCHOLARSHIP FBO DANIEL RINCON-PEREZ 1,000
    IOWA STATE UNIVERSITY
    OFFICE OF STUDENT FINANCI
    AMES,IA50011     		N/A PC SCHOLARSHIP FBO HARIS SARIC 1,000
    IOWA STATE UNIVERSITY
    OFFICE OF STUDENT FINANCI
    AMES,IA50011     		N/A PC SCHOLARSHIP FBO KEIRY CERON 1,000
    IOWA STATE UNIVERSITY
    OFFICE OF STUDENT FINANCI
    AMES,IA50011     		N/A PC SCHOLARSHIP FBO ROBERT DOAN 1,000
    IOWA STATE UNIVERSITY
    OFFICE OF STUDENT FINANCI
    AMES,IA50011     		N/A PC SCHOLARSHIP FBO RYAN DAVIS 1,000
    IOWA STATE UNIVERSITY
    OFFICE OF STUDENT FINANCI
    AMES,IA50011     		N/A PC SCHOLARSHIP FBO RYAN ROMAN 1,000
    IOWA STATE UNIVERSITY
    OFFICE OF STUDENT FINANCI
    AMES,IA50011     		N/A PC SCHOLARSHIP FBO SHAUN AHERN 1,000
    IOWA WESTERN COMMUNITY COLLEGE
    FINANCIAL AID 2700 COLLEG
    COUNCIL BLUFFS,IA51503     		N/A PC SCHOLARSHIP FBO ELIJAH SWEHLA 1,000
    IOWA WESTERN COMMUNITY COLLEGE
    FINANCIAL AID 2700 COLLEG
    COUNCIL BLUFFS,IA51503     		N/A PC SCHOLARSHIP FBO TOREN STEWART 1,000
    JOHN MARSHALL LAW SCHOOL
    FINANCIAL AID 315 PLYMOUT
    CHICAGO,IL60604     		N/A PC SCHOLARSHIP FBO MILLIE KOPPEAN 1,000
    JOHN WOOD COMMUNITY COLLEGE
    1301 SOUTH 48TH ST
    QUINCY,IL62305     		N/A PC SCHOLARSHIP FBO ALEC SHOOT 1,000
    JOHN WOOD COMMUNITY COLLEGE
    1301 SOUTH 48TH ST
    QUINCY,IL62305     		N/A PC SCHOLARSHIP FBO ALEXANDER RANKIN 1,000
    JOHN WOOD COMMUNITY COLLEGE
    1301 SOUTH 48TH ST
    QUINCY,IL62305     		N/A PC SCHOLARSHIP FBO ALYSSA REYNOLDS 1,000
    JOHN WOOD COMMUNITY COLLEGE
    1301 SOUTH 48TH ST
    QUINCY,IL62305     		N/A PC SCHOLARSHIP FBO AMBER LIPPINCOTT 1,000
    JOHN WOOD COMMUNITY COLLEGE
    1301 SOUTH 48TH ST
    QUINCY,IL62305     		N/A PC SCHOLARSHIP FBO AUSTIN PIEPER 1,000
    JOHN WOOD COMMUNITY COLLEGE
    1301 SOUTH 48TH ST
    QUINCY,IL62305     		N/A PC SCHOLARSHIP FBO AUSTIN PRIEST 1,000
    JOHN WOOD COMMUNITY COLLEGE
    1301 SOUTH 48TH ST
    QUINCY,IL62305     		N/A PC SCHOLARSHIP FBO BRANDON SLY 1,000
    JOHN WOOD COMMUNITY COLLEGE
    1301 SOUTH 48TH ST
    QUINCY,IL62305     		N/A PC SCHOLARSHIP FBO CHEYENNE TOOLATE 1,000
    JOHN WOOD COMMUNITY COLLEGE
    1301 SOUTH 48TH ST
    QUINCY,IL62305     		N/A PC SCHOLARSHIP FBO ELIZABETH HARNESS 1,000
    JOHN WOOD COMMUNITY COLLEGE
    1301 SOUTH 48TH ST
    QUINCY,IL62305     		N/A PC SCHOLARSHIP FBO JACOB BECKER 1,000
    JOHN WOOD COMMUNITY COLLEGE
    1301 SOUTH 48TH ST
    QUINCY,IL62305     		N/A PC SCHOLARSHIP FBO JASMINE REYNOLDS 1,000
    JOHN WOOD COMMUNITY COLLEGE
    1301 SOUTH 48TH ST
    QUINCY,IL62305     		N/A PC SCHOLARSHIP FBO JUSTIN FELLINGER 1,000
    JOHN WOOD COMMUNITY COLLEGE
    1301 SOUTH 48TH ST
    QUINCY,IL62305     		N/A PC SCHOLARSHIP FBO KAYLA CAIN 1,000
    JOHN WOOD COMMUNITY COLLEGE
    1301 SOUTH 48TH ST
    QUINCY,IL62305     		N/A PC SCHOLARSHIP FBO NICOLAUS LOGAN 1,000
    JOHN WOOD COMMUNITY COLLEGE
    1301 SOUTH 48TH ST
    QUINCY,IL62305     		N/A PC SCHOLARSHIP FBO VICTORIA MALANEY 1,000
    KAPLAN UNIVERSITY
    4655 121ST STREET
    URBANDALE,IA50322     		N/A PC SCHOLARSHIP FBO EDIN RIZVIC 1,000
    KENT STATE UNIVERSITY
    REGISTRARS OFFICE 108 SW
    KENT,OH44240     		N/A PC SCHOLARSHIP FBO NATHANIEL HARVEY 1,000
    KIRKWOOD COMMUNITY COLLEGE
    6301 KIRKWOOD BOULEVARD S
    CEDAR RAPIDS,IA52404     		N/A PC SCHOLARSHIP FBO ASHLEY SWITZER 1,000
    KISHWAUKEE COLLEGE
    21193 MALTA ROAD
    MALTA,IL601509699     		N/A PC SCHOLARSHIP FBO TAYLOR SPRINKLE 1,000
    LEWIS AND CLARK COMMUNITY COLLEGE
    5800 GODFREY RD
    GODFREY,IL62035     		N/A PC SCHOLARSHIP FBO HUNTER REED HOSCHAR 1,000
    LIBERTY UNIVERSITY
    FINANCIAL AID P O BOX 1
    LYNCHBURG,VA24502     		N/A PC SCHOLARSHIP FBO JONMICHAEL TALBERT 1,000
    LIBERTY UNIVERSITY
    FINANCIAL AID P O BOX 1
    LYNCHBURG,VA24502     		N/A PC SCHOLARSHIP FBO KELSEY SHOOT 1,000
    LIMESTONE COLLEGE
    1115 COLLEGE DRIVE
    GAFFNEY,SC29340     		N/A PC SCHOLARSHIP FBO ASHLEY SIMMONS 1,000
    LUTHER COLLEGE
    700 COLLEGE DRIVE
    DECORAH,IA52101     		N/A PC SCHOLARSHIP FBO JACOB SMITH 1,000
    MACOMB COMMUNITY COLLEGE
    14500 E 12 MILE ROAD
    WARREN,MI48088     		N/A PC SCHOLARSHIP FBO KAYLA OLSON 1,000
    MARYVILLE UNIVERSITY
    650 MARYVILLE UNIVERSITY
    ST LOUIS,MO63141     		N/A PC SCHOLARSHIP FBO CHRISTOPHER DIETRICH 1,000
    MARYVILLE UNIVERSITY
    650 MARYVILLE UNIVERSITY
    ST LOUIS,MO63141     		N/A PC SCHOLARSHIP FBO NICHOLAS DIETRICH 1,000
    METHODIST COLLEGE
    415 ST MARK CT
    PEORIA,IL61603     		N/A PC SCHOLARSHIP FBO BRITTANI BUSS 1,000
    MICHIGAN STATE UNIVERSITY
    ROOM 150 426 AUDITORIUM R
    EAST LANSING,MI48824     		N/A PC SCHOLARSHIP FBO TANNER BARTLOW 1,000
    MISSOURI SOUTHERN STATE UNIVERSITY
    3950 NEWMAN ROAD
    JOPLIN,MO64801     		N/A PC SCHOLARSHIP FBO STEVEN PHILLIPS 1,000
    MOBERLY AREA COMMUNITY COLLEGE
    141 COMMUNICATIONS DRIVE
    MOBERLY,MO65270     		N/A PC SCHOLARSHIP FBO JENNIFER WEST 1,000
    MONMOUTH COLLEGE
    FINANCIAL AID OFFICE 700
    MONMOUTH,IL61462     		N/A PC SCHOLARSHIP FBO MAGGIE SEEFELDT-SWAN 1,000
    MUSCATINE COMMUNITY COLLEGE
    152 COLORADO STREET
    MUSCATINE,IA52761     		N/A PC SCHOLARSHIP FBO MATTHEW GIBSON 1,000
    NORTH IOWA AREA COMMUNITY COLLEGE
    500 COLLEGE DRIVE
    MASON CITY,IA504017299     		N/A PC SCHOLARSHIP FBO KENDRA BECKER 1,000
    NORTHWEST MISSOURI STATE UNIVERSITY
    625 UNIVERSITY DRIVE
    MARYVILLE,MO64468     		N/A PC SCHOLARSHIP FBO KELI ADAMS 1,000
    NORTHWEST STATE COMMUNITY COLLEGE
    22600 STATE RTE 34
    ARCHBOLD,OH43502     		N/A PC SCHOLARSHIP FBO KORTNEY MOCHERMAN 1,000
    NORTHWEST STATE COMMUNITY COLLEGE
    22600 STATE RTE 34
    ARCHBOLD,OH43502     		N/A PC SCHOLARSHIP FBO BRITTNEY MOCHERMAN 1,000
    NORTHWEST STATE COMMUNITY COLLEGE
    22600 STATE RTE 34
    ARCHBOLD,OH43502     		N/A PC SCHOLARSHIP FBO BROOKE MANNING 1,000
    QUINCY UNIVERSITY
    1800 COLLEGE AVENUE
    QUINCY,IL62301     		N/A PC SCHOLARSHIP FBO BROOKLYNN LOGAN 1,000
    QUINCY UNIVERSITY
    1800 COLLEGE AVENUE
    QUINCY,IL62301     		N/A PC SCHOLARSHIP FBO CALVIN COOKSON 1,000
    QUINCY UNIVERSITY
    1800 COLLEGE AVENUE
    QUINCY,IL62301     		N/A PC SCHOLARSHIP FBO JANELLE HENDRICKSON- 1,000
    QUINCY UNIVERSITY
    1800 COLLEGE AVENUE
    QUINCY,IL62301     		N/A PC SCHOLARSHIP FBO JORDAN OBERT 1,000
    QUINCY UNIVERSITY
    1800 COLLEGE AVENUE
    QUINCY,IL62301     		N/A PC SCHOLARSHIP FBO JULIE PALMER 1,000
    QUINCY UNIVERSITY
    1800 COLLEGE AVENUE
    QUINCY,IL62301     		N/A PC SCHOLARSHIP FBO KAITLYN REED 1,000
    ROCK VALLEY COLLEGE
    3301 N MULFORD RD
    ROCKFORD,IL61114     		N/A PC SCHOLARSHIP FBO JESSE JACOBS 1,000
    ROCK VALLEY COLLEGE
    3301 N MULFORD RD
    ROCKFORD,IL61114     		N/A PC SCHOLARSHIP FBO MELANIE HERRMANN 1,000
    ROCK VALLEY COLLEGE
    3301 N MULFORD RD
    ROCKFORD,IL61114     		N/A PC SCHOLARSHIP FBO MIA RAE DURKEE 1,000
    SAUK VALLEY COMMUNITY COLLEGE
    ADMISSIONS OFFICE 173 IL
    DIXON,IL61021     		N/A PC SCHOLARSHIP FBO CASANDRA KURSCHNER 1,000
    SIMPSON COLLEGE
    FINANCIAL AID OFFICE 701
    INDIANOLA,IA50125     		N/A PC SCHOLARSHIP FBO FELICITY EWARD 1,000
    SOUTHERN ILLINOIS UNIVERSITY-CARBON
    FINANCIAL AID OFFICE 1263
    CARBONDALE,IL62901     		N/A PC SCHOLARSHIP FBO DALTON WHITTAKER 1,000
    SOUTHERN ILLINOIS UNIVERSITY-EDWARD
    70 HAIRPIN DRIVE PO BOX
    EDWARDSVILLE,IL62026     		N/A PC SCHOLARSHIP FBO BLAKE DITTMER 1,000
    SOUTHEAST MISSOURI STATE UNIVERSITY
    MS 3550 ONE UNIVERSITY PL
    CAPE GIRARDEAU,MO63701     		N/A PC SCHOLARSHIP FBO JUSTIN STALEY 1,000
    SOUTHERN ILLINOIS UNIVERSITY EDWARD
    FINANCIAL AID 2308 RENDLE
    EDWARDSVILLE,IL62026     		N/A PC SCHOLARSHIP FBO ELLIE BRINK 1,000
    SOUTHERN NEW HAMPSHIRE UNIVERSITY
    ONESTOP FINANCIAL AID OFF
    MANCHESTER,NH03106     		N/A PC SCHOLARSHIP FBO BRITTANY GREENLER 1,000
    ST AMBROSE UNIVERSITY
    518 WEST LOCUST ST
    DAVENPORT,IA52803     		N/A PC SCHOLARSHIP FBO KYLIE FLYNN 1,000
    ST AMBROSE UNIVERSITY
    518 WEST LOCUST ST
    DAVENPORT,IA52803     		N/A PC SCHOLARSHIP FBO TUCKER REID 1,000
    ST AMBROSE UNIVERSITY
    518 WEST LOCUST ST
    DAVENPORT,IA52803     		N/A PC SCHOLARSHIP FBO TYLER REID 1,000
    STAUTZENBURGER COLLEGE
    1796 INDIAN WOOD CIRCLE
    MAUMEE,OH43537     		N/A PC SCHOLARSHIP FBO NICHOLAS UNDERWOOD 1,000
    SWEDISH AMERICAN SCHOOL OF RADIOGRA
    LAURA J WILKENSON 1415 E
    ROCKFORD,IL61104     		N/A PC SCHOLARSHIP FBO TAYLOR MILLER 1,000
    THE ART INSTITUTE INTERNATIONALKAN
    8208 MELROSE DRIVE
    LENEXA,KS66214     		N/A PC SCHOLARSHIP FBO ALYSHIA DOBSON 1,000
    THE UNITED STATES MILITARY ACADEMY
    TREASURER CLASS OF 2018 6
    WEST POINT,NY109961905     		N/A PC SCHOLARSHIP FBO JASON SCOTT HUG 1,000
    TIDEWATER COMMUNITY COLLEGE
    BUSINESS OFFICE 315 GRANB
    NORFOLK,VA23510     		N/A PC SCHOLARSHIP FBO VILAPHONN LO 1,000
    TRICOCI UNIVERSITY OF BEAUTY CULTUR
    FINANCE 2000 SPRING ROAD
    OAK BROOK,IL60523     		N/A PC SCHOLARSHIP FBO AMBER TILLMAN 1,000
    TRINE UNIVERSITY
    ONE UNIVERSITY AVENUE
    ANGOLA,IN46703     		N/A PC SCHOLARSHIP FBO ANTHONY KING 1,000
    TRUMAN STATE UNIVERSITY
    100 EAST NORMAL AVENUE
    KIRKSVILLE,MO63501     		N/A PC SCHOLARSHIP FBO CHANDLER PLATZ 1,000
    TRUMAN STATE UNIVERSITY
    100 EAST NORMAL AVENUE
    KIRKSVILLE,MO63501     		N/A PC SCHOLARSHIP FBO CRAIG SPIDLE 1,000
    TRUMAN STATE UNIVERSITY
    100 EAST NORMAL AVENUE
    KIRKSVILLE,MO63501     		N/A PC SCHOLARSHIP FBO ISAAC SPEED 1,000
    UNIVERSITY OF MISSOURI - COLUMBIA
    CASHIERS OFFICE 15 JESSE
    COLUMBIA,MO65211     		NIECE PC SCHOLARSHIP FBO LILY TAYLOR 1,028
    UNIVERSAL TECHNICAL INSTITUTE
    FINANCIAL AID 601 REGENCY
    LISLE,IL60139     		N/A PC SCHOLARSHIP FBO RYAN WALZ 1,000
    UNIVERSITY OF CENTRAL FLORIDA
    OFFICE OF STUDENT FINANCI
    ORLANDO,FL328160113     		N/A PC SCHOLARSHIP FBO LAURA BICKFORD 1,000
    UNIVERSITY OF CENTRAL MISSOURI
    STUDENT FINANCIAL SERVICE
    WARRENSBURG,MO64093     		N/A PC SCHOLARSHIP FBO CASSANDRA BONE 1,000
    UNIVERSITY OF DUBUQUE
    2000 UNIVERSITY AVE
    DUBUQUE,IA52001     		N/A PC SCHOLARSHIP FBO BARRY OTTENHAUSEN 1,000
    UNIVERSITY OF DUBUQUE
    2000 UNIVERSITY AVE
    DUBUQUE,IA52001     		N/A PC SCHOLARSHIP FBO BRIANNA BAUTSCH 1,000
    UNIVERSITY OF DUBUQUE
    2000 UNIVERSITY AVE
    DUBUQUE,IA52001     		N/A PC SCHOLARSHIP FBO DREW OTTENHAUSEN 1,000
    UNIVERSITY OF FINDLAY
    1000 N MAIN ST
    FINDLAY,OH45840     		N/A PC SCHOLARSHIP FBO JAYLA CHAMBERLAIN 1,000
    UNIVERSITY OF ILLINOIS AT CHICAGO
    1200 W HARRISON ST
    CHICAGO,IL60607     		N/A PC SCHOLARSHIP FBO CASSIDY JOY 1,000
    UNIVERSITY OF ILLINOIS AT CHICAGO
    1200 W HARRISON ST
    CHICAGO,IL60607     		N/A PC SCHOLARSHIP FBO KYLE LINDENMAN 1,000
    UNIVERSITY OF ILLINOIS AT CHICAGO
    1200 W HARRISON ST
    CHICAGO,IL60607     		N/A PC SCHOLARSHIP FBO LEXIE JOY 1,000
    UNIVERSITY OF IOWA
    208 CALVIN HALL
    IOWA CITY,IA52242     		N/A PC SCHOLARSHIP FBO BRYAN ORTIZ 1,000
    UNIVERSITY OF IOWA
    208 CALVIN HALL
    IOWA CITY,IA52242     		N/A PC SCHOLARSHIP FBO CARMEN TREVARTHEN 1,000
    UNIVERSITY OF IOWA
    208 CALVIN HALL
    IOWA CITY,IA52242     		N/A PC SCHOLARSHIP FBO ISAAC SLOAN 1,000
    UNIVERSITY OF MISSOURI KANSAS CITY
    FINANCIAL AID AND SCHOLAR
    KANSAS CITY,MO64110     		N/A PC SCHOLARSHIP FBO MORGAN WOLF 1,000
    UNIVERSITY OF MISSOURI KANSAS CITY
    FINANCIAL AID AND SCHOLAR
    KANSAS CITY,MO64110     		N/A PC SCHOLARSHIP FBO LAUREN HATHAWAY 1,000
    UNIVERSITY OF NORTHERN IOWA
    105 GILCHRIST HALL
    CEDAR FALLS,IA50614     		N/A PC SCHOLARSHIP FBO NATHAN SWITZER 1,000
    UNIVERSITY OF TOLEDO
    SCHOLARSHIP 2801 W BANCRO
    TOLEDO,OH43606     		N/A PC SCHOLARSHIP FBO TAYLOR SANDERS 1,000
    UNIVERSITY OF WISCONSIN PLATTEVILLE
    1 UNIVERSITY PLAZA
    PLATTEVILLE,WI53818     		N/A PC SCHOLARSHIP FBO DUSTIN LAWSON 1,000
    UNIVERSITY OF WISCONSIN PLATTEVILLE
    1 UNIVERSITY PLAZA
    PLATTEVILLE,WI53818     		N/A PC SCHOLARSHIP FBO TAYLOR WEDIGE 1,000
    UNIVERSITY OF WISCONSIN-WHITEWATER
    800 W MAIN ST
    WHITEWATER,WI53190     		N/A PC SCHOLARSHIP FBO KATHRYN RUBLE 1,000
    UW - MILWAUKEE
    REGISTRARS OFFICE P O
    MILWAUKEE,WI53201     		N/A PC SCHOLARSHIP FBO MARGARET EDGE 1,000
    VIRGINIA HIGHLANDS COMMUNITY COLLEG
    FINANCIAL AID OFFICE P O
    ABINGDON,VA24210     		N/A PC SCHOLARSHIP FBO ALEXANDRIA BURCH 1,000
    VIRGINIA HIGHLANDS COMMUNITY COLLEG
    FINANCIAL AID OFFICE P O
    ABINGDON,VA24210     		N/A PC SCHOLARSHIP FBO JARED JOHNSON 1,000
    WESTERN ILLINOIS UNIVERSITY
    1 UNIVERSITY CIRCLE SHE
    MACOMB,IL61455     		N/A PC SCHOLARSHIP FBO BROOKLYN KARHOFF 1,000
    WESTERN ILLINOIS UNIVERSITY
    1 UNIVERSITY CIRCLE SHE
    MACOMB,IL61455     		N/A PC SCHOLARSHIP FBO STEVE MCSHANE 1,000
    WILLIAMS BAPTIST COLLEGE
    ADMISSIONS OFFICE P O BO
    WALNUT RIDGE,AR72476     		N/A PC SCHOLARSHIP FBO JEFFREY HALEY 1,000
    WRIGHT STATE UNIVERSITY
    3640 COLONEL GLENN HWY
    DAYTON,OH45435     		N/A PC SCHOLARSHIP FBO RONALD RICHARDSON 1,000
    Total .................................bullet 3a 164,028
    bApproved for future payment
    Total .................................bullet 3b  
    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 ...........     		    14 113  
    4 Dividends and interest from securities....     14 625  
    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 29  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aK-1: EPP L.P. EIN 76-0568219     		211110 -174      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -174 767  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13593
    (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
    BRENT TAYLOR PERPETUAL CHAR TRUST
    MERCANTILE BANK TRUSTEE
    Employer identification number

    37-6353965
    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
    BRENT TAYLOR PERPETUAL CHAR TRUST
    MERCANTILE BANK TRUSTEE         		Employer identification number
    37-6353965
    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
     
     

    RICHARD ELIZABETH CASHIN  
    320 PARK AVENUE 18TH FLOOR
     
    NEW YORK, NY10022

    		$ 40,000


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    BRENT TAYLOR PERPETUAL CHAR TRUST
    MERCANTILE BANK TRUSTEE         		Employer identification number

    37-6353965
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    BRENT TAYLOR PERPETUAL CHAR TRUST
    MERCANTILE BANK TRUSTEE         		Employer identification number

    37-6353965
    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:
    BRENT TAYLOR PERPETUAL CHAR TRUST
     
    MERCANTILE BANK TRUSTEE
    EIN:
    37-6353965
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 1,500 1,125   375

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    BRENT TAYLOR PERPETUAL CHAR TRUST
     
    MERCANTILE BANK TRUSTEE
    EIN:
    37-6353965
    Name of Stock End of Year Book Value End of Year Fair Market Value
    7,093 SH TITAN INTERNATIONAL INC 130,810 27,946
    250 KINDER MORGAN, INC 4,436 3,730

    TY 2015 InvestmentsOtherSchedule2
    Name:
    BRENT TAYLOR PERPETUAL CHAR TRUST
     
    MERCANTILE BANK TRUSTEE
    EIN:
    37-6353965
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    252 ENTERPRISE PRODUCTS PARTNERS LP AT COST   12,892

    TY 2015 OtherExpensesSchedule
    Name:
    BRENT TAYLOR PERPETUAL CHAR TRUST
     
    MERCANTILE BANK TRUSTEE
    EIN:
    37-6353965
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    IL CHARITABLE ANNUAL REPORT F 15      


    TY 2015 OtherIncomeSchedule2
    Name:
    BRENT TAYLOR PERPETUAL CHAR TRUST
     
    MERCANTILE BANK TRUSTEE
    EIN:
    37-6353965
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1: EPP L.P. EIN 76-0568219 -174    


    TY 2015 OtherIncreasesSchedule
    Name:
    BRENT TAYLOR PERPETUAL CHAR TRUST
     
    MERCANTILE BANK TRUSTEE
    EIN:
    37-6353965
    Description Amount
    RECOVERIES OF PY GRANTS 1,500


    TY 2015 OtherLiabilitiesSchedule
    Name:
    BRENT TAYLOR PERPETUAL CHAR TRUST
     
    MERCANTILE BANK TRUSTEE
    EIN:
    37-6353965
    Description Beginning of Year - Book Value End of Year - Book Value
    252 ENTERPRISE PRODUCTS PARTNERS LP 1,947 2,851