TY 2015 Form 990PF

- TIN:

Form990-PF
Click to see list of attachments

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2015

Open to Public Inspection

For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015

Name of foundation
The Dixon Water Foundation

Number and street (or P.O. box number if mail is not delivered to street address)4528 County Road 398
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Decatur, TX76234

A Employer identification number

75-2521176

B Telephone number (see instructions)

(940) 768-2740

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$52,301,456J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)	2,143
2	Check Sch. B .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	74,736		74,736	74,736
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,021,810
b	Gross sales price for all assets on line 6a 3,053,495
7	Capital gain net income (from Part IV, line 2)...			1,021,810
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).......		1,500,526	1,129,979
12	Total. Add lines 1 through 11........	2,599,215		2,226,525	74,736
13	Compensation of officers, directors, trustees, etc.	249,000		124,500		124,500
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		26,719	13,360		13,359
b	Accounting fees (attach schedule).......		8,626	4,313		4,313
c	Other professional fees (attach schedule)....		52,221	29,890
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		103,978			39,976
19	Depreciation (attach schedule) and depletion...		259,361
20	Occupancy..............
21	Travel, conferences, and meetings.......	32,267				32,267
22	Printing and publications..........	2,131
23	Other expenses (attach schedule).......		758,036	5,184		616,304
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	1,492,339		177,247		830,719
25	Contributions, gifts, grants paid.......	569,919				569,919
26	Total expenses and disbursements. Add lines 24 and 25	2,062,258		177,247		1,400,638
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	536,957
b	Net investment income (if negative, enter -0-)			2,049,278
c	Adjusted net income (if negative, enter -0-)...				74,736

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2015)

Form 990-PF (2015)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	163,912	323,961	323,961
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............	677,350	761,950	761,950
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	5,624,851	3,357,768	3,357,768
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	9,255,750	5,195,518	5,195,518
	14	Land, buildings, and equipment: basis 44,188,587
		Less: accumulated depreciation (attach schedule) 1,526,328	41,321,463	42,662,259	42,662,259
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	57,043,326	52,301,456	52,301,456
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	1,000	1,000
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	57,042,326	52,300,456
	30	Total net assets or fund balances (see instructions).....	57,043,326	52,301,456
	31	Total liabilities and net assets/fund balances (see instructions).	57,043,326	52,301,456

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

57,043,326

Enter amount from Part I, line 27a .....................

536,957

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

57,580,283

Decreases not included in line 2 (itemize) bullet

5,278,827

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

52,301,456

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	EXHIBIT B CHARLES SCHWAB #4159-1810	P	2000-12-31	2015-12-31
b	2005 TOYOTA TACOMA	P	2005-04-07	2015-06-18
c	DIRECTORS #217913400016	P	2008-08-14	2015-08-28
d	LOT 19A #217923201003	P	2008-08-14	2015-08-04
e	LOT 17A #217923101001	P	2008-08-14	2015-08-04
	GARFIELD #217918100124	P	2009-12-31	2015-12-30

(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	2,746,865		1,466,685	1,280,180
b	4,150	31,002	31,002	4,150
c	212,648		250,000	-37,352
d	38,084		150,000	-111,916
e	34,615		150,000	-115,385
	17,133		15,000	2,133

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			1,280,180
b			4,150
c			-37,352
d			-111,916
e			-115,385
			2,133

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	1,021,810
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 ...................		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? Yes No

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	1,688,579	21,348,253	0.07910
2013	1,463,650	22,402,734	0.06533
2012	1,192,788	21,475,549	0.05554
2011	820,536	11,388,908	0.07205
2010	883,029	9,776,080	0.09033

Total of line 1, column (d) .....................

20.362345

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 . . .

0.072469

Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....

18,777,083

Multiply line 4 by line 3......................

1,360,756

Enter 1% of net investment income (1% of Part I, line 27b)...........

20,493

Add lines 5 and 6........................

1,381,249

Enter qualifying distributions from Part XII, line 4.............

1,400,638

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)

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	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	20,493
	hereand 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	20,493
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	20,493
6	Credits/Payments:

a	2015 estimated tax payments and 2014 overpayment credited to 2015	6a	53,755
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	53,755
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	4
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	33,258
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax33,258	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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.............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2015)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

THE DIXON WATER FOUNDATION Telephone no. bullet

(940) 768-2740

Located at bullet

4528 COUNTY ROAD 398DECATURTX ZIP+4 bullet

76234

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here....... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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)? ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2015)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (Continued)

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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-)	(e) Expense account, other allowances
Robert J Potts	Pres/CEO 40.00	176,000	16,909
P O BOX 177 MARFA,TX79843	Pres/CEO 40.00	176,000	16,909
Clinton W Josey Jr	Chairman/VP 40.00	0
6060 N Central Expy 560 Dallas,TX75206	Chairman/VP 40.00	0
CASEY WADE	Vice President 40.00	67,000	32,473
P O BOX 177 MARFA,TX79843	Vice President 40.00	67,000	32,473
JERRY ADDISON	Director 1.00	0
P O BOX 629 BOWIE,TX76230	Director 1.00	0
Walt Davis	Director 1.00	0
262 SR 70E Calera,OK74730	Director 1.00	0
MELISSA BOOKHOUT	SEC/TREAS 35.00	73,000	23,574
4528 COUNTY ROAD 398 DECATUR,TX76234	SEC/TREAS 35.00	73,000	23,574
Leslie C Rauscher	Director 1.00	0
6227 Malcolm Drive Dallas,TX75214	Director 1.00	0
Kathy Smyth	V/Chairmen/VP 1.00	0
7630 Riverpoint Drive Houston,TX77063	V/Chairmen/VP 1.00	0
Laura L Whiting	Director 1.00	0
5005 LBJ Freeway 2200 Dallas,TX75244	Director 1.00	0
DR RICHARD TEAGUE	ADVISORY BOARD 1.00	0
BOX 1658 VERNON,TX76385	ADVISORY BOARD 1.00	0
DR BONNIE WARNOCK	ADVISORY BOARD 1.00	0
RAS CENTER BOX C-16 ALPINE,TX79832	ADVISORY BOARD 1.00	0
SAM MONTOYA	ADVISORY BOARD 1.00	0
TWO SANDIA PLAZA BERNALILLO,NM87004	ADVISORY BOARD 1.00	0
HUGH ALJOE	Director 1.00	0
2510 SAM NOBLE PKWY ARDMORE,OK73401	Director 1.00	0
DR LISA BELLOWS	ADVISORY BOARD 1.00	0
8 QUAIL RUN GAINESVILLE,TX76240	ADVISORY BOARD 1.00	0

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...................

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	Kids On The Land [August 31 - September 3, 2015]KOL is a unique STEM environmental program designed to teach children about the region where they live, connecting them to the land and a more sustainable future. Every activity for students within the program encompasses independent thinking and outdoor classrooms where they can use their senses to learn. Examples that students can actually see, touch and smell are used as learning tools. Primarily, the program provides educational experiences for grades kindergarten through sixth. We had 1 volunteer training day and 210 total students [3rd, 4th & 5th graders] over 3 days at our Bear Creek Ranch.	22,700
2	Texas Wildlife Association L.A.N.D.S. [November 10, 2015]Program stands for Learning Across New Dimensions in Science. They bring 8th grade kids to our ranch to teach and understand Texas's Natural Resources. They participated in a Quail necropsy and learned about the habitat and food for Quail and about predators that are a danger to them. This gives them insight to why we need to protect our wildlife so we can continue to enjoy them in the future. We had 110 students attend this event.	3,250
3	Society for Range Management [December 13, 2015]SRM is dedicated to the conservation and sustainable management of rangelands for the benefit of current societies and for future generations. The annual conference was at Grapevine, Texas. We had a tour of our ranch and talked about our ranch management. We had 150+ adults at Josey Pavilion on Leo Ranch.	1,615
4	Cross Timbers Landowner Workshop [October 2, 2015]The Cross Timbers region is located primarily in Oklahoma and Texas between the eastern deciduous forest and the grasslands of the southern Great Plain. This project will work with many cooperators to develop educational materials and deliver technical assistance to facilitate the conservation, management and restoration of this priority ecosystem. We hosted a workshop for landowners in out area. We had experts talking about Conservation Easements, Unlocking the Secrets of Your Soil, Grazing Management, Watershed and Your Land and Wildlife Management. We had 80 adult participants for this event.	1,543

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)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

4,571,473

Average of monthly cash balances.......................

234,578

Fair market value of all other assets (see instructions)................

14,256,977

Total (add lines 1a, b, and c).........................

19,063,028

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

19,063,028

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

285,945

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

18,777,083

Minimum investment return. Enter 5% of line 5..................

938,854

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

938,854

Tax on investment income for 2015 from Part VI, line 5......

20,493

Income tax for 2015. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

20,493

Distributable amount before adjustments. Subtract line 2c from line 1............

918,361

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

918,361

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

918,361

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

1,400,638

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

1,400,638

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).................

20,493

Adjusted qualifying distributions. Subtract line 5 from line 4..............

1,380,145

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)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2015
1 Distributable amount for 2015 from Part XI, line 7			918,361
2 Undistributed income, if any, as of the end of 2015:
a Enter amount for 2014 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2015:
a From 2010......	443,909
b From 2011......	284,385
c From 2012......	151,237
d From 2013......	397,532
e From 2014......	663,306
fTotal of lines 3a through e........		1,940,369
4Qualifying distributions for 2015 from Part
XII, line 4: $ 1,400,638
a Applied to 2014, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2015 distributable amount.....			918,361
e Remaining amount distributed out of corpus		482,277
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		2,422,646
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2014. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2016. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........			0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8Excess distributions carryover from 2010 not applied on line 5 or line 7 (see instructions) ...		443,909
9Excess distributions carryover to 2016. Subtract lines 7 and 8 from line 6a ......		1,978,737
10 Analysis of line 9:
a Excess from 2011....	284,385
b Excess from 2012....	151,237
c Excess from 2013....	397,532
d Excess from 2014....	663,306
e Excess from 2015....	482,277

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

ROBERT J POTTS
P O BOX 177
MARFA,TX79843
(432) 729-4600

bThe form in which applications should be submitted and information and materials they should include:

2 - 3 PAGE DESCRIPTION OF PROJECT ALONG WITH BUDGET AND SUPPORTING MATERIALS.

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

LIMITED TO LAND MANAGEMENT, WATERSHED PROTECTION AND EDUCATION.

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CONNEMARA CONSERVANCY FOUNDATION 1314 W MCDERMOTT ALLEN,TX75013	NONE	PUB CHAR	2015 CHALLENGE GRANT	17,360
HARDIN SIMMONS UNIVERSITY 2200 HICKORY STREET ABILENE,TX79698	NONE	PRIV UNIV	AGRICULTURAL RESEARCH	9,614
KEYSTONE CONSERVATION POB 6733 BOZEMAN,MT59771	NONE	PUB CHAR	UNION PASS FIELD PROJECT	16,318
TEXAS AM AGRILIFE RESEARCH 2147 TAMUS COLLEGE STATION,TX77843	NONE	PUB UNIVE	GRASSLAND CONSERVATION	61,355
THE NATURE CONSERVANCY 200 E GRAYSON STREET 202 SAN ANTONIO,TX78215	NONE	PUB CHAR	WATER INFRASTRUCTURE	30,272
NUECES RIVER AUTHORITY P O BOX 349 UVALDE,TX78802	NONE	PUB CHAR	DEVIL RIVER GRANT PAYMENT	55,000
NORTH CENTRAL TEXAS COLLEGE 1525 W CALIFORNIA GAINESVILLE,TX76240	NONE	PUB UNIVE	ENVIRONMENT & AGR STUDIES	50,000
NATIONAL CTR FOR APPROPRIATE TECHNO POB 3838 BUTTE,MT59702	NONE	PUB CHAR	LONG-TERM DROUGHT MGT	50,000
HILL COUNTRY ALLIANCE 15315 HIGHWAY 71 WEST AUSTIN,TX78738	NONE	PUB CHAR	PEDERNALES GRANT	25,000
SUL ROSS STATE UNIVERSITY P O BOX C-16 ALPINE,TX79832	NONE	PUB UNIVE	RANCH MANAGEMENT PROGRAM	50,000
SUL ROSS SUPPORT FOUNDATION E HWY 90 ALPINE,TX79830	NONE	PUB UNIVE	RANCH MANAGMENT ENDOWMENT	150,000
AUDUBON TEXAS 2904 SWISS AVENUE DALLAS,TX75204	NONE	PUB CHAR	BEEF MONITORING	30,000
KIDS ON THE LAND 9460 EAST FM 1606 HERMLEIGH,TX79526	NONE	PUB CHAR	ENVIRONMENTAL PROGRAM	20,000
MARFA INTERNATIONAL SCHOOL POB 298 MARFA,TX79843	NONE	PUB CHAR	SCIENCE CLASSES AT MIMMS	5,000
Total ................................. 3a				569,919

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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 ...........
4 Dividends and interest from securities....			14	74,736
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 ............			14	1,280,180	-258,370
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aHUNTING LEASE			1	17,000
bLEASE/WATER INCOME			1	27,131
cMISCELLANEOUS INCOME			1	62,797
dPARTNERSHIP INCOME/LOSS			1
eRANCH REVENUE - EXHIBIT A					353,547
fROYALTY PAYMENT			1	1,040,051
12 Subtotal. Add columns (b), (d), and (e)..				2,501,895	95,177

13Total. Add line 12, columns (b), (d), and (e)..................

132,597,072

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2015)

Additional Data

Software ID:	15000324
Software Version:	2015v2.0

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2015 AccountingFeesSchedule

Name:

The Dixon Water Foundation

EIN:

75-2521176

Software ID:

15000324

Software Version:

2015v2.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES [OFFICE]	8,626	0	0	0
ACCOUNTING FEES [OFFICE] @ 50%		4,313	0	4,313

- TIN:

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

TY 2015 DepreciationSchedule

Name:

The Dixon Water Foundation

EIN:

75-2521176

Software ID:

15000324

Software Version:

2015v2.0

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
BUILDINGS	2005-09-01	9,247	4,916	150DB	4.46 %	413
PONDS	2005-09-01	6,327	2,528	SL	5.00 %	316
WATER WELL	2005-09-01	9,425	6,363	150DB	5.91 %	557
BARN	2006-06-30	22,281	11,058	150DB	4.46 %	994
SEEDING HERITAGE CENTER	2006-11-30	7,482	2,992	SL	5.00 %	374
PLANNING - ARCHITECTS	2006-11-30	30,012	7,637	SL	3.64 %	1,091
PONDS	2006-11-09	1,167	406	SL	20.0000	58
WATER WELLS/DRAINAGE	2006-07-01	8,633	4,150	SL	5.00 %	432
PONDS	2005-12-31	7,132	2,856	SL	5.00 %	357
POND	2006-03-20	245	96	SL	5.00 %	12
IMPROVEMENTS	2006-08-31	8,914	4,258	150DB	4.46 %	398
FENCES	2006-09-19	850	407	150DB	4.46 %	38
FENCES	2006-07-01	7,850	3,749	150DB	4.46 %	350
PONDS	2007-02-12	1,256	472	SL	5.00 %	63
WATER WELL	2007-03-22	10,932	6,092	150DB	5.91 %	646
HANGARS	2007-10-30	16,068	2,970	SL	2.56 %	412
IMPROVEMENTS	2007-10-10	22,946	11,474	SL	6.67 %	1,530
NEW BARN	2007-10-30	14,840	5,565	SL	5.00 %	742
CONSERVATION DEVELOPMENT	2007-01-23	4,419	2,212	SL	6.67 %	295
GREENHOUSE	2007-03-13	7,002	2,625	SL	5.00 %	350
RANCH IMPROVEMENTS	2007-02-22	1,610	803	SL	6.67 %	107
HOUSE	2008-06-30	234,235	55,716	SL	3.64 %	8,517
GRAVEL ROAD	2008-01-30	5,200	2,400	SL	15.0000	347
WATER WELL	2008-02-27	7,050	3,212	SL	15.0000	470
CATTLE GUARD	2008-03-31	1,566	702	SL	15.0000	104
T-POSTS	2008-05-01	720	320	SL	15.0000	48
WOOD STOVE	2008-09-10	2,000	1,811	SL	7.0000	189
RANCH HOUSE	2008-11-30	7,326	1,629	SL	3.64 %	266
GRAZING ENCLOSURE	2009-08-04	700	254	SL	15.0000	47
RANCH HOUSE	2009-06-30	295,147	59,474	SL	3.64 %	10,732
FENCING	2009-06-30	171,880	63,044	SL	6.67 %	11,464
WATER TANKS & STORAGE	2009-06-30	275,411	101,021	SL	6.67 %	18,370
FENCING	2010-06-30	57,374	17,219	SL	6.67 %	3,827
RANCH HOUSE	2010-06-30	2,929	482	SL	3.64 %	106
IMPROVEMENTS	2011-09-30	21,578	5,036	SL	6.67 %	1,439
IMPROVEMENTS	2011-06-30	256,660	59,904	SL	6.67 %	17,119
COLUMBIA STREET HOUSE	2011-01-10	248,280	35,734	SL	3.64 %	9,027
ROBERT WHITE WELL SERVICE	2011-10-14	4,971	1,076	SL	15.0000	331
IMPROVEMENTS	2012-06-30	9,290	1,549	SL	6.67 %	620
IMPROVEMENTS	2012-06-30	3,104	517	SL	6.67 %	207
IMPROVEMENTS	2012-06-30	8,890	1,482	SL	6.67 %	593
PAVILLION COSTS 2012	2012-09-30	104,438	6,138	SL	2.56 %	2,678
IMPROVEMENTS	2012-06-30	49,592	8,267	SL	6.67 %	3,308
2012 FORD F35A TRUCK	2012-02-16	40,531	24,318	SL	20.00 %	8,106
2010 CHEVROLET TRUCK	2013-01-01	35,317	20,812	SL	7.0000	5,045
TRACTOR & LOADER	2013-01-01	37,350	34,684	SL	7.0000	2,666
2010 POLARIS [MULE]	2013-01-01	13,184	8,240	SL	7.0000	1,883
MOWER	2013-01-01	7,097	2,155	SL	7.0000	1,014
RISING PLATE METER	2013-01-01	778	222	SL	7.0000	111
PORTABLE CORRALS	2013-01-01	9,439	2,696	SL	7.0000	1,348
USED PATIO FURNITURE	2013-03-20	1,300	279	SL	14.29 %	186
KUBOTA TRACTOR - MIMMS	2013-03-05	28,000	6,000	SL	14.29 %	4,001
KUBOTA TRACTOR LOADER	2013-04-08	17,000	3,643	SL	14.29 %	2,429
IMPROVEMENTS 2013	2013-06-30	16,265	1,627	SL	6.67 %	1,085
IMPROVEMENTS 2013	2013-06-30	264,759	26,475	SL	6.67 %	17,659
IMPROVEMENTS 2013	2013-06-30	32,342	3,234	SL	6.67 %	2,157
PAVILLION COSTS 2013	2013-06-30	1,186,082	46,909	SL	2.56 %	30,411
BOB'S CUSTOM HOMES	2013-11-05	55,000	2,250	SL	3.64 %	2,000
IMPROVEMENTS 2013	2013-06-30	96,793	9,679	SL	6.67 %	6,456
COLUMBIA STREET HOUSE	2013-06-30	3,568	765	SL	14.29 %	510
F150 FORD TRUCK	2013-03-14	29,499	8,850	SL	20.00 %	5,900
IMPROVEMENTS 2014	2014-06-30	13,824	461	SL	15.0000	922
2014 FORD PICKUP	2014-02-10	42,541	4,254	SL	20.00 %	8,508
IMPROVEMENTS 2014	2014-06-30	99,470	3,316	SL	15.0000	6,631
IMPROVEMENTS 2014	2014-06-30	18,480	616	SL	15.0000	1,232
PAVILLION COSTS 2014	2014-06-30	1,073,596	13,764	SL	39.0000	27,528
IMPROVEMENTS 2014	2014-06-30	41,893	1,396	SL	15.0000	2,793
RANCH HOUSE - IMPROVEMENT	2014-06-30	197,472	3,590	SL	27.5000	7,181
IMPROVEMENTS 2014	2014-06-30	2,945	98	SL	15.0000	196
1995 STOCK TRAILER	2015-08-17	5,300		SL	7.14 %	378
JOHN DEERE TRACTOR	2015-04-03	35,762		SL	7.14 %	2,553
CLEAR BRUSH AT BEAR CREEK	2015-04-10	6,000		SL	7.14 %	428
BC HANGER A/C REPAIR	2015-07-13	1,348		SL	7.14 %	96
2014 SILVER FORD PICKUP	2015-01-19	39,655		SL	10.00 %	3,966
ELECTRICAL REPAIRS	2015-08-17	1,113		SL	27.5000	13
2015 ADDITIONS-KENNEDY	2015-06-30	4,694		SL	7.14 %	335
2015 ADDITIONS-LEO	2015-06-30	23,522		SL	7.14 %	1,679
2015 ADDITIONS-PAVILLION	2015-06-30	6,098		SL	7.14 %	435
2015 ADDITIONS-MIMMS	2015-06-30	7,983		SL	7.14 %	570
RANCH HOUSE IMPROVEMENTS	2015-06-30	16,365		SL	1.97 %	322
FENCING - H. RICHARDSON	2015-07-20	16,881		SL	7.14 %	1,205
DOZIER WORK	2015-08-27	1,100		SL	7.14 %	79

- TIN:

TY 2015 InvestmentsCorpStockSchedule

Name:

The Dixon Water Foundation

EIN:

75-2521176

Software ID:

15000324

Software Version:

2015v2.0

Name of Stock	End of Year Book Value	End of Year Fair Market Value
CHARLES SCHWAB & COMPANY	3,334,159
BAYOU BEND PETROLEUM	16,500
LOESCH & CRANN - 158 SHARES	7,109

- TIN:

TY 2015 LandEtcSchedule2

Name:

The Dixon Water Foundation

EIN:

75-2521176

Software ID:

15000324

Software Version:

2015v2.0

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
Auto./Transportation Equip.	282,352	165,498	116,854
Furniture and Fixtures	134,119	125,074	9,045
Machinery and Equipment	206,227	183,248	22,979
Buildings	3,074,997	330,032	2,744,965
Improvements	2,153,609	710,771	1,442,838
Land	36,168,746		36,168,746
Miscellaneous	2,168,537	11,705	2,156,832	42,662,259

- TIN:

TY 2015 LegalFeesSchedule

Name:

The Dixon Water Foundation

EIN:

75-2521176

Software ID:

15000324

Software Version:

2015v2.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES [OFFICE]	26,719	0	0	0
LEGAL FEES [OFFICE] @ 50%		13,360	0	13,359

- TIN:

TY 2015 OtherExpensesSchedule

Name:

The Dixon Water Foundation

EIN:

75-2521176

Software ID:

15000324

Software Version:

2015v2.0

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
CONSULTING [OVERHEAD]	1,893		1,893
CONTRIBUTIONS [OVERHEAD]	500		500
DUES AND SUBSCRIPTIONS [OVERHEAD]	1,157		1,157
EDUCATIONAL SUPPLIES [OUTREACH]	5,076		5,076
EVENTS/SPONSORSHIPS [OUTREACH]	11,926		11,926
FUEL [OVERHEAD]	4,111		4,111
HEALTH BENEFITS [OVERHEAD]	31,796		31,796
INSURANCE - W/C [OVERHEAD]	1,090		1,090
INSURANCE [OFFICE]	92,858
INSURANCE [OVERHEAD]	16,412		16,412
INTERNET [OFFICE]	1,463
LABOR - PAYROLL TAXES [OVERHEAD]	5,126		5,126
LABOR - SALARIES [OVERHEAD]	67,000		67,000
LICENSE AND PERMITS [OVERHEAD]	64		64
MEALS & ENTERTAINMENT [OFFICE]	10,159
MEALS & ENTERTAINMENT [OVERHEAD]	2,141		2,141
MISCELLANEOUS [OFFICE]	1,384
MISCELLANEOUS [OVERHEAD]	2,728		2,728
OFFICE SUPPLIES [OFFICE]	4,154
OFFICE SUPPLIES [OVERHEAD]	192		192
ORGANIC CERTIFICATION FEE [OVERHEAD]	2,500		2,500
PARKING [OFFICE]	974
PAYROLL CONTRACTOR PAYMENTS [OFFICE]	965
POSTAGE AND DELIVERY [OFFICE]	750
RANCH COSTS - EXHIBIT A	404,298		404,298
Rental Expenses	10,367	5,184	5,183
REPAIRS [OUTREACH]	28,290		28,290
RESEARCH [OUTREACH]	5,000		5,000
ROUNDING	-2		-2
TELEPHONE [OFFICE]	9,438
TELEPHONE [OVERHEAD]	1,874		1,874
TRACTOR EXPENSES [OVERHEAD]	9,736		9,736
TRAINING COURSES [OFFICE]	5,033
TRANSFER TO PEAKS & VALLEYS	1,872		1,872
TRAVEL [OVERHEAD]	3,098		3,098
UTILITIES [OFFICE]	9,370
UTILITIES [OVERHEAD]	3,243		3,243

- TIN:

TY 2015 OtherIncomeSchedule2

Name:

The Dixon Water Foundation

EIN:

75-2521176

Software ID:

15000324

Software Version:

2015v2.0

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
HUNTING LEASE	17,000
LEASE/WATER INCOME	27,131
MISCELLANEOUS INCOME	62,797
RANCH REVENUE - EXHIBIT A	353,547
ROYALTY PAYMENT	1,040,051

- TIN:

TY 2015 OtherProfessionalFeesSchedule

Name:

The Dixon Water Foundation

EIN:

75-2521176

Software ID:

15000324

Software Version:

2015v2.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
BROKERAGE FEES [OFFICE]	29,890	29,890	0	0
CONSULTING FEES [OFFICE]	22,331	0	0	0

- TIN:

TY 2015 TaxesSchedule

Name:

The Dixon Water Foundation

EIN:

75-2521176

Software ID:

15000324

Software Version:

2015v2.0

Category	Amount	Disbursements for Charitable Purposes
FEDERAL INCOME	52,335
PAYROLL TAXES - M. BOOKHOUT @ 4%		2,920
PAYROLL TAXES [OFFICE]	14,587
PROPERTY TAXES	37,056	37,056