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
PHIL HARDIN FOUNDATION
 
% SHERYL FELTENSTEIN
Number and street (or P.O. box number if mail is not delivered to street address)2750 NORTH PARK DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MERIDIAN, MS39305
A Employer identification number

64-6024940
B Telephone number (see instructions)

(601) 483-4282
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$48,143,312J 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) 0
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,452,405 1,452,405  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,287,512
b Gross sales price for all assets on line 6a 9,945,303
7 Capital gain net income (from Part IV, line 2)... 2,287,512
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 100 100  
12 Total. Add lines 1 through 11........ 3,740,017 3,740,017  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 200,064 70,023   130,041
14 Other employee salaries and wages...... 155,069     155,069
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 13,680 6,840   6,840
c Other professional fees (attach schedule).... Click to see attachment 88,482 88,482    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 81,112      
19 Depreciation (attach schedule) and depletion... Click to see attachment 43,135    
20 Occupancy.............. 8,186     8,186
21 Travel, conferences, and meetings....... 26,652 10,661   15,991
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 85,687     85,687
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 702,067 176,006   401,814
25 Contributions, gifts, grants paid....... 1,905,444 1,905,444
26 Total expenses and disbursements. Add lines 24 and 25 2,607,511 176,006   2,307,258
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,132,506
b Net investment income (if negative, enter -0-) 3,564,011
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......... 3,018,091 802,691 802,691
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)....... 18,485,451 22,576,363 44,313,092
c Investments—corporate bonds (attach schedule)....... 3,800,653 3,100,782 3,027,529
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet1,225,146
Less: accumulated depreciation (attach schedule) bullet368,023 900,258 Click to see attachment857,123  
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 26,204,453 27,336,959 48,143,312
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted............... 26,204,453 27,336,959
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 26,204,453 27,336,959
31 Total liabilities and net assets/fund balances (see instructions). 26,204,453 27,336,959
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
26,204,453
2
Enter amount from Part I, line 27a .....................
2
1,132,506
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
27,336,959
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
27,336,959
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 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 9,945,303   7,657,791 2,287,512
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       2,287,512
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 2,287,512
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 2,204,794 49,592,918 0.044458
2013 2,120,622 46,634,669 0.045473
2012 2,063,074 43,605,254 0.047313
2011 1,656,089 40,550,038 0.040841
2010 1,974,612 36,232,427 0.054498
2
Total of line 1, column (d) .....................
20.232583
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
0.046517
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
49,137,081
5
Multiply line 4 by line 3......................
5
2,285,710
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
35,640
7
Add lines 5 and 6........................
7
2,321,350
8
Enter qualifying distributions from Part XII, line 4.............
8
2,307,258
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 71,280
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 71,280
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 71,280
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 80,747
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 80,747
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 316
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 9,151
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet9,151 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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    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)
    bulletMS
    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.philhardin.org
    14
    The books are in care ofbulletSHERYL FELTENSTEIN Telephone no.bullet (601) 483-4282

    Located atbullet2750 NORTH PARK DRIVEMERIDIANMS ZIP+4bullet39305
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ROBERT F WARD PRESIDENT
    4.0     		45,008 0 0
    2750 NORTH PARK DRIVE
    MERIDIAN,MS39305
    ROBERT DEEN JR SENIOR VICE PRESIDENT
    4.0     		27,009 0 0
    2750 NORTH PARK DRIVE
    MERIDIAN,MS39305
    STEPHEN O MOORE TREASURER
    4.0     		27,009 0 0
    2750 NORTH PARK DRIVE
    MERIDIAN,MS39305
    RONNIE L WALTON SECRETARY
    4.0     		32,009 0 0
    2750 NORTH PARK DRIVE
    MERIDIAN,MS39305
    MARTIN DAVIDSON DIRECTOR
    4.0     		27,009 0 0
    2750 NORTH PARK DRIVE
    MERIDIAN,MS39305
    JIM MCGINNIS DIRECTOR
    4.0     		21,010 0 0
    2750 NORTH PARK DRIVE
    MERIDIAN,MS39305
    JOE COVINGTON DIRECTOR
    4.0     		21,010 0 0
    2750 NORTH PARK DRIVE
    MERIDIAN,MS39305
    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
    LLOYD GRAY EXECUTIVE DIRECTOR
    40.0     		55,038 3,931 0
    2750 NORTH PARK DRIVE
    MERIDIAN,MS39305
    SHERYL FELTENSTEIN ADMINISTRATIVE ASST
    40.0     		60,888 4,466 0
    2750 NORTH PARK DRIVE
    MERIDIAN,MS39305
    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
     
    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  
    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
    49,092,459
    b
    Average of monthly cash balances.......................
    1b
    792,902
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    49,885,361
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    49,885,361
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    748,280
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    49,137,081
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,456,854
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    2,456,854
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    71,280
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    71,280
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,385,574
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    2,385,574
    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
    2,385,574
    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
    2,307,258
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,307,258
    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
    2,307,258
    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 2,385,574
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 973,801
    b Total for prior years:2013, 2012, 2011  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 2,307,258
    a Applied to 2014, but not more than line 2a 973,801
    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..... 1,333,457
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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 ..........     		1,052,117
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015.... 0
    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:
    ROBERT WARD PHIL HARDIN
    2750 NORTH PARK DRIVE MERIDIAN MS
    MERIDIAN,MS39305
    (601) 483-4282
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION MUST INCLUDE IRS TAX EXEMPT DETERMINATION LETTER, LIST OF BOARD MEMBERS, AFFILIATIONS AND CONTACT INFO, MOST RECENT AUDITED F/S INCLUDING 990, COPY OF OPERATING BUDGET, LIST OF PAST AND PRESENT FUNDERS. APPLICATIONS CAN BE FOUND AT PHILHARDIN.ORG.
    cAny submission deadlines:
    APPLICATIONS MAY BE SUBMITTED AT ANY TIME.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    EXCLUSIVELY FOR EDUCATION PURPOSES FOR MISSISSIPPI RESIDENTS.
    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
    SOUTHEASTERN COUNCIL OF FOUNDATIONS
    50 HURT PLAZA
    ATLANTA,GA30303     		    ANNUAL MEMBERSHIP DUES 4,200
    UNITED WAY OF EAST MS AND WEST AL
    PO BOX 5376
    MERIDIAN,MS39302     		    IMAGINATION LIBRARY AND EMPOWERING TEACHERS 85,000
    THE UNIVERSITY OF MISSISSIPPI
    PO BOX 1848
    UNIVERSITY,MS38677     		    EARLY CHILDHOOD EDUCATORS 60,825
    LAUREN ROGERS MUSEUM OF ART
    PO BOX 1108
    LAUREL,MS39441     		    ART REACH ENDOWMENT 20,000
    MISSISSIPPI STATE UNIVERSITY FOUNDATION
    PO BOX 6018
    MISSISSIPPI STATE,MS39762     		    A GIFT TO MSU-MERIDIAN AND THE COLLEGE OF ARTS AND SCIENCES AT MSU 125,000
    MERIDIAN PUBLIC SCHOOL DISTRICT
    1019 25TH AVENUE
    MERIDIAN,MS39301     		    RECRUITING AND RETAINING EFFECTIVE TEACHERS AND LEADERS 203,000
    BOYS AND GIRLS CLUB OF EAST MISSISSIPPI
    1717 45TH AVENUE
    MERIDIAN,MS39307     		    MADELINE'S DRIVE AND SUMMER BRAIN 200,000
    GRANTMAKERS FOR EDUCATION
    720 SW WASHINGTON STREET
    PORTLAND,OR97205     		    DUES 500
    MERIDIAN COMMUNITY COLLEGE
    910 HIGHWAY 19 NORTH
    MERIDIAN,MS39307     		    MCC STRANAHAM FOUNDATION & PHF PARTNERSHIP FOR BEEP 103,000
    MERIDIAN COMMUNITY COLLEGE FOUNDATION
    910 HIGHWAY 19 NORTH
    MERIDIAN,MS39307     		    PHIL HARDIN FOUNDATION SCHOLARSHIPS AND PHIL HARDIN FOUNDATION HONORS COLLEGE 60,000
    MERIDIAN PUBLIC SCHOOL DISTRICT
    1019 25TH AVENUE
    MERIDIAN,MS39301     		    INCREASING INSTRUCTIONAL TIME FOR ACADEMINCALLY AT-RISK STUDENTS 155,000
    MISSISSIPPI ARTS COMMISSION
    501 NORTH WEST STREET
    JACKSON,MS39201     		    WHOLE SCHOOLS INITATIVE SUMMER INSTITUTE AND RETREATS 30,000
    THE MONTGOMERY INSTITUTE
    PO BOX 1889
    MERIDIAN,MS39301     		    MERIDIAN FREEDOM PROJECT 50,000
    TRINITY DYSLEXIA CENTER
    4223 POPLAR SPRINGS DRIVE
    MERIDIAN,MS39305     		    FUNDS FOR 2015 16,795
    MS ASSOCIATION OF PARTNERS IN EDUCAITON
    PO BOX 3803
    MADISON,MS39130     		    WINTER-REED FRIENDS OF EDUCATION 1,000
    MS ASSOCIATION OF GRANTMAKERS FUNDS
    525 EAST CAPITOL STREET
    JACKSON,MS39201     		    MS TRANSFER OF WEALTH STUDY, NEXT STEPS AND DUES 46,000
    MS ARTS AND ENTERTAINMENT CENTER
    1901 FRONT STREET
    MERIDIAN,MS39301     		    MS ARTS AND ENTERTAINMENT CENTER 300,000
    EAST CENTRAL MS HEALTH NETWORK
    PO BOX 284
    DECATUR,MS39327     		    RESIDENCY CONSORTIUM 148,600
    EAST MS BUSINESS CENTER FOR EDUCATIONAL DEVELOPMEN
    1000 HIGHWAY 19 NORTH
    MERIDIAN,MS39307     		    1ST ANNUAL EMCED DISCIPLINE CONFERENCE 20,000
    MS CENTER FOR NON-PROFITS
    201 W CAPITOL STREET
    JACKSON,MS39201     		    NONPROFIT MANAGEMENT TRAINING 10,000
    MS GEOGRAPHIC ALLIANCE
    PO BOX 1848
    UNIVERSITY,MS38677     		    MS GEOGRAPHIC ALLIANCE 5,000
    CLARKDALE HIGH SCHOOL
    7000 HIGHWAY 495
    MERIDIAN,MS39301     		    SUFFICIENT TECHNOLOGY FOR 21ST CENTURY 15,000
    LEFLORE COUNTY SCHOOL DISTRICT
    1901 HIGHWAY 92 WEST
    GREENWOOD,MS38930     		    CLOSING THE LITERACY GAP 25,000
    MERIDIAN JUNIOR AUXILLARY
    PO BOX 3194
    MERIDIAN,MS39301     		    READING IS FUNDAMENTAL 12,324
    MERIDIAN MAIN STREET FOUNDATION
    1901 FRONT STREET
    MERIDIAN,MS39301     		    INTERN PROGRAM 30,000
    NATIONAL CENTER ON EDUCATION & THE ECONOMY
    2121 K STREET NW SUITE 700
    WASHINGTON,DC20037     		    I3 GRANT 16,000
    OPRAH WINFREY BOYS AND GIRLS CLUB
    500 KNOX ROAD
    KOSCIUSKO,MS39090     		    THE LEARNING CENTER 10,000
    PARENTS FOR PUBLIC SCHOOLS
    111
    MERIDIAN,MS39301     		    PPS EARLY CHILDHOOD DEVELOPMENT 50,000
    WOMENS FOUNDATION OF MS
    120 NORTH CONGRESS ST
    JACKSON,MS39201     		    FOCUS OF THE FUTURE OF EDUCATION 30,000
    MS CENTER FOR EDUCATION INNOVATION
    200 S LAMAR STREET
    JACKSON,MS39201     		    SHARING SERVICES OF MS'S CHILDREN 68,200
    MS COMMISSION FOR VOLUNTEER SERVICE
    3825 RIDGEWOOD ROAD
    RIDGELAND,MS39211     		    POSITIONED FOR PROGRESS 5,000
    Total .................................bullet 3a 1,905,444
    bApproved for future payment
    MISSISSIPPI CENTER FOR EDUCATION INNOVATION INC
    200 SOUTH LAMAR STREET
    JACKSON,MS39201     		    SHARING SERVICES OF MISSISSIPPI'S CHILDREN 341,000
    UNITED WAY OF EAST MS AND WEST AL
    PO BOX 5376
    MERIDIAN,MS39301     		    IMAGINATION LIBRARY 150,000
    MERIDIAN COMMUNITY COLLEGE
    910 HIGHWAY 19 NORTH
    MERIDIAN,MS39301     		    MCC STRANAHAM FOUNDATION & PHF PARTNERSHIP FOR BEEP 491,000
    MS ARTS AND ENTERTAINMENT CENTER
    1901 FRONT STREET
    MERIDIAN,MS39301     		    MS ARTS AND ENTERTAINMENT CENTER 3,000,000
    MISSISSIPPI STATE UNIVERSITY FOUNDATION
    PO BOX 6018
    MISSISSIPPI STATE,MS39762     		    A GIFT TO MSU-MERIDIAN AND THE COLLEGE OF ARTS AND SCIENCES AT MSU 1,250,000
    EAST CENTRAL MS HEALTH NETWORK
    PO BOX 284
    DECATUR,MS39327     		    RESIDENCY CONSORTIUM 739,000
    UNITED WAY OF EAST MS & WEST AL
    PO BOX 5376
    MERIDIAN,MS39301     		    EXPANSION OF IMAGINATION LIBRARY 61,000
    BOYS AND GIRLS CLUB OF EAST MS
    1717 45TH AVENUE
    MERIDIAN,MS39307     		    MADELINE'S DRIVE 250,000
    DELTA STATE UNIVERSITY
    1003 SUNFLOWER ROAD
    CLEVELAND,MS38733     		    ANNUAL SYMPOSIUM 4,000
    LAUDERDALE CO PUBLIC SCHOOL DISTRICT
    410 CONSTITUTION AVENUE
    MERIDIAN,MS39301     		    IMPROVING TECHNOLOGY 57,000
    LITTLE LIGHTHOUSE CENTRAL MS INC
    620 BRIARWOOD DRIVE
    JACKSON,MS39211     		    TECHNOLOGY/COMM DEVICES 50,000
    MERIDIAN COMMUNITY COLLEGE FOUNDATION
    910 HIGHWAY 19 N
    MERIDIAN,MS39301     		    PHIL HARDIN FOUNDATION HONORS COLLEGE 1,000,000
    MERIDIAN MAIN STREET FOUNDATION
    1901 FRONT STREET
    MERIDIAN,MS39301     		    INTERN PROGRAM 30,000
    MERIDIAN SYMPHONY ASSOC
    PO BOX 2171
    MERIDIAN,MS39302     		    LINK UP 25,000
    MILLSAPS COLLEGE
    1701 N JACKSON ST
    JACKSON,MS39201     		    THE EUDORA WELTY CHAIR OF SOUTHERN LITERATURE 500,000
    MISSISSIPPI FIRST INC
    125 S CONGRESS STREET
    JACKSON,MS39201     		    IMPROVEING ACCESS TO HIGH QUALITY PRE-K 15,000
    NATIONAL CENTER ON EDUCATION & THE ECONOMY
    2121 K STREET NW SUITE 700
    WASHINGTON,DC20037     		    I3 GRANT 64,000
    PARENTS FOR PUBLIC SCHOOLS
    125 S CONGRESS ST
    JACKSON,MS39201     		    PPS EARLY CHILDHOOD DEVELOPMENT 150,000
    SUMRALL MIDDLE SCHOOL
    1217 HIGHWAY 42
    SUMRALL,MS39482     		    READERS ARE LEADERS 5,000
    WOMENS FOUNDATION OF MS
    120 N CONGRESS STREET
    JACKSON,MS39201     		    FOCUS ON THE FUTURE 150,000
    Total .................................bullet 3b 8,332,000
    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
    aOTHER INCOME         100
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		         
    4 Dividends and interest from securities....     14 1,452,405  
    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 2,287,512  
    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)..   3,739,917 100
    13Total. Add line 12, columns (b), (d), and (e)..................
    133,740,017
    (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:
    PHIL HARDIN FOUNDATION
    EIN:
    64-6024940
    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
    OFFICE FURNISHINGS 1990-01-01 4,430 4,430 SL 10        
    CALCULATOR 1992-01-01 200 200 SL 10        
    FURNITURE, FURNISH 1996-01-01 41,025 41,025 SL 10        
    RUG 1999-01-01 681 681 SL 10        
    TABLE 2000-01-01 401 401 SL 10        
    FURNITURE 2000-01-01 1,006 1,006 SL 10        
    FURNISHINGS 2000-01-01 3,074 3,074 SL 10        
    17 INCH MONITOR 2002-03-25 161 161 SL 5        
    COMPUTER EQUIPMENT 2003-12-29 3,273 3,273 SL 5        
    19" LCD PRINTER 17 2004-04-01 985 985 SL 5        
    HP OFFICE JET PRIN 2005-06-09 504 504 SL 5        
    COMPUTER EQUIPMENT 2005-07-29 1,599 1,599 SL 5        
    DESKJET PRINTER 2005-07-29 129 129 SL 5        
    LCD 17" MONITOR 2005-07-29 239 239 SL 5        
    FRAMING OF 14 WATE 2006-02-14 1,109 985 SL 10 111      
    MONROE CALCULATOR 2007-03-02 192 192 SL 5        
    REURB. TYPEWRITER 2007-04-23 748 748 SL 5        
    SHREDDER 2007-05-08 637 637 SL 5        
    TOSHIBA COPIER 2007-06-20 10,723 8,040 SL 10 1,072      
    WIRELESS PACKAGE 2007-06-26 585 585 SL 5        
    LEATHER EXEC CHAIR 2007-09-19 825 825 SL 5        
    HP COMPUTER & EQUI 2007-09-25 7,858 7,858 SL 5        
    DESK & RETURN 2007-09-11 1,471 1,471 SL 5        
    FILING CABINET 2007-09-14 266 266 SL 5        
    SERVER & EQUIP 2007-10-26 5,788 5,788 SL 5        
    CANON SCANNER 2008-11-07 625 625 SL 5        
    LAND 2008-12-31 55,000   L          
    NEW BUILDING 2010-02-15 988,416 161,990 SL 30 32,947      
    RECORDER 2008-02-13 211 211 SL 5        
    BLACKBERRY 2008-02-13 321 321 SL 5        
    HEKMAN FURNITURE 2010-02-15 2,162 2,124 SL 5 38      
    LATERAL FILES 2010-02-15 3,485 3,427 SL 5 58      
    OFFICSOURCE FURNIT 2010-02-15 1,729 1,701 SL 5 28      
    OFFISOURCE FURNITU 2010-02-15 4,077 4,007 SL 5 70      
    RECOVER CHAIR 2010-02-15 643 634 SL 5 9      
    WOODSTOCK FURNITUR 2010-02-15 2,066 2,031 SL 5 35      
    RUGS-TINNIN IMPORT 2010-02-15 4,495 4,420 SL 5 75      
    BLINDS 2010-02-15 978 963 SL 5 15      
    LEATHER CHAIR-SOUT 2010-02-15 1,328 1,307 SL 5 21      
    LATERAL FILES-SOUT 2010-02-15 5,486 5,394 SL 5 92      
    CAMERA 2009-09-19 504 504 SL 5        
    DISHWASHER 2009-08-18 410 410 SL 5        
    INTERIOR DESIGN 2010-01-19 1,335 1,313 SL 5 22      
    MAILBOX 2010-01-21 507 497 SL 5 10      
    11 BLINDS-ABBA 2010-02-09 1,955 1,922 SL 5 33      
    MIRRORS-BATHROOM 2010-02-09 511 502 SL 5 9      
    FURNITURE 2010-02-24 1,505 1,455 SL 5 50      
    DRAPERIES 2010-03-01 6,067 5,863 SL 5 204      
    FRAMING 2010-03-03 1,200 1,160 SL 5 40      
    FRAMING 2010-03-30 770 732 SL 5 38      
    WASHINGTON PRINT 2010-04-08 586 556 SL 5 30      
    BLACK LEATH CHAIRS 2010-04-13 1,250 1,188 SL 5 62      
    FRAMING 2010-04-13 1,399 1,330 SL 5 69      
    OREK VACUUM 2010-04-13 236 223 SL 5 13      
    DECORATIONS 2010-04-16 3,242 3,024 SL 5 218      
    FLORAL ARRANGEMENT 2010-04-16 492 458 SL 5 34      
    DECORATIONS 2010-04-23 2,764 2,581 SL 5 183      
    MICROWAVE 2010-04-29 119 119 SL 3        
    PLACEMATS 2010-05-04 184 184 SL 3        
    FURNITURE 2010-05-20 2,355 2,159 SL 5 196      
    PEDESTAL TABLE 2010-05-20 641 587 SL 5 54      
    FRAMING 2010-06-01 225 206 SL 5 19      
    CAST BRONZE PLAQUE 2010-06-01 974 894 SL 5 80      
    FRAMING 2010-06-01 1,508 1,384 SL 5 124      
    16 IMAGES PRINTS 2010-06-01 1,120 1,027 SL 5 93      
    FRAMING 2010-06-01 1,500 1,375 SL 5 125      
    BOB DEEN'S PHOTOS 2010-06-07 160 147 SL 5 13      
    FICUS TREE 2010-06-07 294 270 SL 5 24      
    DESIGN 2010-06-10 2,286 2,095 SL 5 191      
    PLANTERS & RUGS 2010-06-17 2,269 2,043 SL 5 226      
    PLAQUES HANGING 2010-06-28 85 77 SL 5 8      
    PERSIAN RUG 2010-06-30 262 234 SL 5 28      
    INTERIOR DESIGN 2010-06-30 3,723 3,352 SL 5 371      
    PLANT 2010-07-19 257 257 SL 3        
    IRRIGATION SYSTEM 2011-01-04 2,624 1,500 SL 7 375      
    SOD 2011-04-13 3,525 2,644 SL 5 705      
    TABLE-DIRECTOR'S 2011-06-21 534 374 SL 5 107      
    ELECTRONIC DOOR 2011-11-07 1,000 633 SL 5 200      
    HP COMPUTER 2012-02-15 1,290 753 SL 5 258      
    POWER SUPPLY ALARM 2012-06-01 754 390 SL 5 151      
    LANDSCAPING 2013-07-01 2,606 1,303 SL 3 869      
    GIFTS ONLINE PROGR 2014-01-30 8,210 2,509 SL 3 2,737      
    DELL OPTIPLEX 3020 2014-05-06 2,977 397 SL 5 595      

    TY 2015 LandEtcSchedule2
    Name:
    PHIL HARDIN FOUNDATION
    EIN:
    64-6024940
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE FURNISHINGS 4,430 4,430    
    CALCULATOR 200 200    
    FURNITURE, FURNISH 41,025 41,025    
    RUG 681 681    
    TABLE 401 401    
    FURNITURE 1,006 1,006    
    FURNISHINGS 3,074 3,074    
    17 INCH MONITOR 161 161    
    COMPUTER EQUIPMENT 3,273 3,273    
    19" LCD PRINTER 17 985 985    
    HP OFFICE JET PRIN 504 504    
    COMPUTER EQUIPMENT 1,599 1,599    
    DESKJET PRINTER 129 129    
    LCD 17" MONITOR 239 239    
    FRAMING OF 14 WATE 1,109 1,096 13  
    MONROE CALCULATOR 192 192    
    REURB. TYPEWRITER 748 748    
    SHREDDER 637 637    
    TOSHIBA COPIER 10,723 9,112 1,611  
    WIRELESS PACKAGE 585 585    
    LEATHER EXEC CHAIR 825 825    
    HP COMPUTER & EQUI 7,858 7,858    
    DESK & RETURN 1,471 1,471    
    FILING CABINET 266 266    
    SERVER & EQUIP 5,788 5,788    
    CANON SCANNER 625 625    
    LAND 55,000   55,000  
    NEW BUILDING 988,416 194,937 793,479  
    RECORDER 211 211    
    BLACKBERRY 321 321    
    HEKMAN FURNITURE 2,162 2,162    
    LATERAL FILES 3,485 3,485    
    OFFICSOURCE FURNIT 1,729 1,729    
    OFFISOURCE FURNITU 4,077 4,077    
    RECOVER CHAIR 643 643    
    WOODSTOCK FURNITUR 2,066 2,066    
    RUGS-TINNIN IMPORT 4,495 4,495    
    BLINDS 978 978    
    LEATHER CHAIR-SOUT 1,328 1,328    
    LATERAL FILES-SOUT 5,486 5,486    
    CAMERA 504 504    
    DISHWASHER 410 410    
    INTERIOR DESIGN 1,335 1,335    
    MAILBOX 507 507    
    11 BLINDS-ABBA 1,955 1,955    
    MIRRORS-BATHROOM 511 511    
    FURNITURE 1,505 1,505    
    DRAPERIES 6,067 6,067    
    FRAMING 1,200 1,200    
    FRAMING 770 770    
    WASHINGTON PRINT 586 586    
    BLACK LEATH CHAIRS 1,250 1,250    
    FRAMING 1,399 1,399    
    OREK VACUUM 236 236    
    DECORATIONS 3,242 3,242    
    FLORAL ARRANGEMENT 492 492    
    DECORATIONS 2,764 2,764    
    MICROWAVE 119 119    
    PLACEMATS 184 184    
    FURNITURE 2,355 2,355    
    PEDESTAL TABLE 641 641    
    FRAMING 225 225    
    CAST BRONZE PLAQUE 974 974    
    FRAMING 1,508 1,508    
    16 IMAGES PRINTS 1,120 1,120    
    FRAMING 1,500 1,500    
    BOB DEEN'S PHOTOS 160 160    
    FICUS TREE 294 294    
    DESIGN 2,286 2,286    
    PLANTERS & RUGS 2,269 2,269    
    PLAQUES HANGING 85 85    
    PERSIAN RUG 262 262    
    INTERIOR DESIGN 3,723 3,723    
    PLANT 257 257    
    IRRIGATION SYSTEM 2,624 1,875 749  
    SOD 3,525 3,349 176  
    TABLE-DIRECTOR'S 534 481 53  
    ELECTRONIC DOOR 1,000 833 167  
    HP COMPUTER 1,290 1,011 279  
    POWER SUPPLY ALARM 754 541 213  
    LANDSCAPING 2,606 2,172 434  
    GIFTS ONLINE PROGR 8,210 5,246 2,964  
    DELL OPTIPLEX 3020 2,977 992 1,985  


    TY 2015 OtherExpensesSchedule
    Name:
    PHIL HARDIN FOUNDATION
    EIN:
    64-6024940
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    REPAIRS 4,550     4,550
    INSURANCE 7,684     7,684
    SUPPLIES 487     487
    TELEPHONE 3,928     3,928
    WEBSITE, INTERNET 2,234     2,234
    MISCELLANEOUS 24,401     24,401
    OFFICE 31,950     31,950
    PUBLIC RELATIONS 10,453     10,453


    TY 2015 OtherIncomeSchedule2
    Name:
    PHIL HARDIN FOUNDATION
    EIN:
    64-6024940
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANEOUS INCOME 100 100  


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    PHIL HARDIN FOUNDATION
    EIN:
    64-6024940
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PORTFOLIO MANAGEMENT FEES 88,482 88,482    


    TY 2015 TaxesSchedule
    Name:
    PHIL HARDIN FOUNDATION
    EIN:
    64-6024940
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 81,112