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
EDNA B & BRUNO BENNA FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)8500 DIERINGER DRIVE
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RENO, NV89511
A Employer identification number

88-0367131
B Telephone number (see instructions)

(775) 829-7797
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$3,642,196
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 6 6  
4 Dividends and interest from securities... 86,558 86,558  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 53,723
b Gross sales price for all assets on line 6a 1,214,259
7 Capital gain net income (from Part IV, line 2)... 53,723
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).......      
12 Total. Add lines 1 through 11........ 140,287 140,287  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... 16,062 16,062    
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)....... 212 182    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 16,274 16,244   0
25 Contributions, gifts, grants paid....... 209,225 209,225
26 Total expenses and disbursements. Add lines 24 and 25 225,499 16,244   209,225
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -85,212
b Net investment income (if negative, enter -0-) 124,043
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......... 176,742 637,108 637,108
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..........   6,700  
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,343,803 Click to see attachment2,788,445 3,005,088
14 Land, buildings, and equipment: basis bullet6,408
Less: accumulated depreciation (attach schedule) bullet6,408      
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,520,545 3,432,253 3,642,196
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 attachment3,080  
23 Total liabilities (add lines 17 through 22)......... 3,080 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 3,517,465 3,432,253
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 3,517,465 3,432,253
31 Total liabilities and net assets/fund balances (see instructions). 3,520,545 3,432,253
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
3,517,465
2
Enter amount from Part I, line 27a .....................
2
-85,212
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
3,432,253
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
3,432,253
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 CHARLES SCHWAB 4523 P    
b CHARLES SCHWAB 6625 P    
c CHARLES SCHWAB 1377 P    
d CHARLES SCHWAB 3487 P    
e CHARLES SCHWAB 4597 P    
CHARLES SCHWAB 6158 P    
CHARLES SCHWAB 5523 P    
CHARLES SCHWAB 0375 P    
CHARLES SCHWAB 2174 P    
CHARLES SCHWAB 1962 P    
CHARLES SCHWAB 3128 P    
CHARLES SCHWAB 6763 P    
SILVER CREEK P    
SILVER CREEK EXCESS DISTRIBUTIONS P    
(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 40,000   32,782 7,218
b 121,914   131,614 -9,700
c     172 -172
d 74,978   77,485 -2,507
e 143,339   115,570 27,769
62,563     62,563
139,499   92,208 47,291
101,848   114,562 -12,714
267,689   358,177 -90,488
64,955   67,626 -2,671
90,989   99,197 -8,208
20,000   19,919 81
51,476   51,224 252
18,051     18,051
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       7,218
b       -9,700
c       -172
d       -2,507
e       27,769
      62,563
      47,291
      -12,714
      -90,488
      -2,671
      -8,208
      81
      252
      18,051
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 53,723
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 196,298 4,043,553 0.048546
2013 189,476 3,959,295 0.047856
2012 193,966 3,796,750 0.051087
2011 209,958 3,818,201 0.054989
2010 178,578 3,815,605 0.046802
2
Total of line 1, column (d) .....................
20.249280
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
0.049856
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
3,878,994
5
Multiply line 4 by line 3......................
5
193,391
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,240
7
Add lines 5 and 6........................
7
194,631
8
Enter qualifying distributions from Part XII, line 4.............
8
209,225
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 1,240
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 1,240
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 1,240
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 6,700
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 6,700
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 2
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 5,458
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet5,458 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)
    bulletNV
    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 ofbulletCLAUSEN COMPANY Telephone no.bullet (775) 829-7797

    Located atbullet4600 KIETZKE LANE BUILDING M SUITE244RENONV ZIP+4bullet89502
    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
    EDNA B BENNA TRUSTEE
    5.00
    0 0 0
    8500 DIERINGER DRIVE
    RENO,NV89511
    CHRISTOPHER BENNA TRUSTEE
    1.00
    0 0 0
    8390 PANORAMA DRIVE
    RENO,NV89511
    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
    3,539,716
    b
    Average of monthly cash balances.......................
    1b
    398,349
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,938,065
    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
    3,938,065
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    59,071
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,878,994
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    193,950
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    193,950
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    1,240
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,240
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    192,710
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    192,710
    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
    192,710
    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
    209,225
    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
    209,225
    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
    1,240
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    207,985
    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 7 192,710
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 163,977
    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......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 209,225
    a Applied to 2014, but not more than line 2a 163,977
    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..... 45,248
    e Remaining amount distributed out of corpus  
    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  
    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 ..........
    147,462
    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 ......
     
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    EDNA BENNA
    8500 DIERINGER DR
    RENO,NV89511
    (775) 853-4895
    bThe form in which applications should be submitted and information and materials they should include:
    INCLUDE PROOF OF IRS 501(C)(C) STATUS
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    TO 510(C)(3) ORGANIZATIONS
    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
    AFRICAN WILDLIFE
    1400 16TH ST NW STE 120
    WASHINGTON,DC20036
    N/A   GENERAL CONTRIBUTION 1,000
    ALZHEIMERS ASSOCIATION
    705 S WELLS
    RENO,NV89501
    N/A   GENERAL CONTRIBUTION 200
    ARTOWN
    528 W 1ST STREET
    RENO,NV89503
    N/A   GENERAL CONTRIBUTION 365
    AWAKEN SAFE HOUSE
    433 SPOKANE STREET
    RENO,NV89512
    N/A   GENERAL CONTRIBUTION 150
    BELMONT HIGH SCHOOL ALUMNI
    1575 W 2ND STREET
    LOS ANGELES,CA90023
    N/A   GENERAL CONTRIBUTION 500
    BISHOP MANOGUE CATHOLIC HIGH SCHOOL
    400 BARTKETT
    RENO,NV89503
    N/A   GENERAL CONTRIBUTION 23,000
    CARMEL OF OUR LADY OF THE MOUNTAINS
    1950 LA FOND DR
    RENO,NV89509
    N/A   GENERAL CONTRIBUTION 1,200
    CASA DE VIDA
    1290 MILL STREET
    RENO,NV89502
    N/A   GENERAL CONTRIBUTION 2,200
    CATHOLIC COMMUNITY SERVICES
    3050 KIETZKE LN
    RENO,NV89502
    N/A   GENERAL CONTRIBUTION 2,550
    CATHOLIC SERVICES APPEAL
    290 ARLINGTON AVE
    RENO,NV89501
    N/A   GENERAL CONTRIBUTION 4,000
    CATO INSTITUTE
    1000 MASSACHUSETTES AVE
    WASHINGTON,DC20001
    N/A   GENERAL CONTRIBUTION 100
    CHILDREN'S CABINET
    1090 SOUTH ROCK BLVD
    RENO,NV89502
    N/A   GENERAL CONTRIBUTION 2,500
    CHURCHILL ARTS
    600 SERPA PL
    FALLON,NV89406
    N/A   GENERAL CONTRIBUTION 100
    COMMUNITY HEALTH ALLIANCE OF N NV
    1055 S WELLS AVE 120
    RENO,NV89502
    N/A   GENERAL CONTRIBUTION 2,500
    DESERT RESEARCH INSTITUTE
    7010 DANDINI BLVD
    RENO,NV89512
    N/A   GENERAL CONTRIBUTION 1,500
    DOCTORS WITHOUT BORDERS
    333 7TH AVENUE
    NEW YORK,NY100015004
    N/A   GENERAL CONTRIBUTION 1,000
    DOMINICAN SISTERS OF SAN RAFAEL
    1520 GRAND AVENUE
    SAN RAFAEL,CA94901
    N/A   GENERAL CONTRIBUTION 5,000
    ENGRACIA PONCE MEDINA
    VOIDED CHECK FROM PY
    RENO,NV89509
    N/A   GENERAL CONTRIBUTION -500
    FOR THE LOVE OF JAZZ
    PO BOX 125
    RENO,NV89504
    N/A   GENERAL CONTRIBUTION 1,000
    INSTITUTE FOR YOUNG DRAMATIC VOICES
    1765 GARNET STE 86
    SAN DIEGO,CA92109
    N/A   GENERAL CONTRIBUTION 15,000
    JONSSON CANCER CENTER
    8-950 FACTOR BLDG BOX 95
    LOS ANGELES,CA90095
    N/A   GENERAL CONTRIBUTION 250
    JR ACHIEVEMENT
    ONE EDUCATION WAY
    COLORADO SPRINGS,CO80906
    N/A   GENERAL CONTRIBUTION 1,250
    KNPB
    1670 NORTH VIRGINIA ST
    RENO,NV89503
    N/A   GENERAL CONTRIBUTION 10,000
    LITTLE FLOWER CHURCH
    875 E PLUMB LANE
    RENO,NV89501
    N/A   GENERAL CONTRIBUTION 10,700
    LITTLE FLOWER SCHOOL
    875 E PLUMB LANE
    RENO,NV89501
    N/A   GENERAL CONTRIBUTION 5,000
    MET OPERA
    LINCOLN CENTER PLAZA
    NEW YORK,NY10023
    N/A   GENERAL CONTRIBUTION 400
    MOUNTAIN VIEW MONTESSORI
    565 ZOLEZZI LN
    RENO,NV89511
    N/A   GENERAL CONTRIBUTION 1,600
    NATIONAL PARK FOUNDATION
    1201 EYE ST STE 550B
    WASHINGTON,DC20005
    N/A   GENERAL CONTRIBUTION 200
    NEVADA DEPARTMENT OF WILDLIFE
    6980 SIERRA CENTER PKWY
    RENO,NV89511
    N/A   GENERAL CONTRIBUTION 500
    NEVADA DISCOVERY MUSEUM
    490 S CENTER ST
    RENO,NV89501
    N/A   GENERAL CONTRIBUTION 1,000
    NEVADA MILITARY SUPPORT
    985 DAMONTE RANCH PKWY
    RENO,NV89521
    N/A   GENERAL CONTRIBUTION 5,000
    NEVADA MUSEUM OF ART
    160 LIBERTY ST
    RENO,NV89501
    N/A   GENERAL CONTRIBUTION 35,000
    NEVADA POLICY RESEARCH
    7130 PLACID ST
    LAS VEGAS,NV89119
    N/A   GENERAL CONTRIBUTION 2,600
    RENO CHAMBER ORCHESTRA
    925 RIVERSIDE DR STE 3
    RENO,NV89503
    N/A   GENERAL CONTRIBUTION 200
    RENO PHILHARMONIC
    925 RIVERSIDE DR STE 3
    RENO,NV89503
    N/A   GENERAL CONTRIBUTION 1,710
    SAN DIEGO ZOO
    2920 ZOO DRIVE
    SAN DIEGO,CA92101
    N/A   GENERAL CONTRIBUTION 2,500
    SHRINERS HOSPITALS
    2900 ROCKY POINT DR
    TAMPA,FL33607
    N/A   GENERAL CONTRIBUTION 200
    SMITHSONIAN
    PO BOX 9016
    PITTSFIELD,MA01202
    N/A   GENERAL CONTRIBUTION 250
    ST MARY'S FOUNDATION
    520 W 6TH STREET
    RENO,NV89503
    N/A   GENERAL CONTRIBUTION 200
    THE LIVING DESERT
    47900 PORTOLA AVE
    PALM DESERT,CA92260
    N/A   GENERAL CONTRIBUTION 250
    TRUCKEE MEADOWS COMMUNITY COLLEGE
    7000 DANDINI BLVD
    RENO,NV89512
    N/A   GENERAL CONTRIBUTION 2,500
    UNR COLLEGE OF ARTS
    1664 N VIRGINIA ST
    RENO,NV89557
    N/A   GENERAL CONTRIBUTION 60,000
    UNR FOUNDATION
    102 MORRILL HALL 162
    RENO,NV89557
    N/A   GENERAL CONTRIBUTION 3,050
    WESTERN FOLKLIFE CENTER
    501 RAILROAD ST 306
    ELKO,NV89801
    N/A   GENERAL CONTRIBUTION 1,500
    Total .................................bullet 3a 209,225
    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 ...........
            6
    4 Dividends and interest from securities....         86,558
    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 ............
            53,723
    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)..     140,287
    13Total. Add line 12, columns (b), (d), and (e)..................
    13140,287
    (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.)
    3 INTEREST INCOME FROM FOUNDATION'S CHECKING ACCOUNT
    4 INVESTMENT INCOME FROM FOUNDATION'S INVESTMENTS
    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:
    EDNA B & BRUNO BENNA FOUNDATION
    EIN:
    88-0367131
    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
    COMPUTER 2006-03-27 2,034 2,034 200DB 5.0000        
    COMPUTER 2009-12-21 2,166 2,166 200DB 5.0000        
    COMPUTER 2011-06-17 2,208 2,208 200DB 5.0000        

    TY 2015 InvestmentsOtherSchedule2
    Name:
    EDNA B & BRUNO BENNA FOUNDATION
    EIN:
    88-0367131
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SILVER CREEK FMV   126,784
    CHARLES SCHWAB - 6625 FMV    
    CHARLES SCHWAB - 3487 FMV 1,088,925 1,050,091
    CHARLES SCHWAB - 4597 FMV 200,216 307,957
    CHARLES SCHWAB - 5523 FMV 222,957 301,069
    CHARLES SCHWAB - 6158 FMV    
    CHARLES SCHWAB - 4523 FMV 188,354 228,375
    CHARLES SCHWAB - 1962 FMV 159,673 154,382
    CHARLES SCHWAB - 1377 FMV    
    CHARLES SCHWAB - 0375 FMV    
    CHARLES SCHWAB - 2174 FMV    
    CHARLES SCHWAB - 8736 FMV 207,566 139,780
    CHARLES SCHWAB - 6763 FMV 475,738 452,832
    CHARLES SCHWAB - 0133 FMV 245,016 243,818

    TY 2015 LandEtcSchedule2
    Name:
    EDNA B & BRUNO BENNA FOUNDATION
    EIN:
    88-0367131
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDINGS AND EQUIPMENT 6,408 6,408    


    TY 2015 OtherExpensesSchedule
    Name:
    EDNA B & BRUNO BENNA FOUNDATION
    EIN:
    88-0367131
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    BANK CHARGES 182 182    
    MISCELLANEOUS 30      


    TY 2015 OtherLiabilitiesSchedule
    Name:
    EDNA B & BRUNO BENNA FOUNDATION
    EIN:
    88-0367131
    Description Beginning of Year - Book Value End of Year - Book Value
    INCOME TAX PAYABLE 3,080  


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    EDNA B & BRUNO BENNA FOUNDATION
    EIN:
    88-0367131
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PORTFOLIO EXPENSE 16,062 16,062