TY 2015 Form 990PF

- TIN:

Form990-PF
Click to see attachment

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
LEE FAMILY FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)3655 W ANTHEM WAY STE 109-421
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
ANTHEM, AZ85086

A Employer identification number

20-8039685

B Telephone number (see instructions)

(480) 951-0033

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

$277,402J 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	Check Sch. B .............
3	Interest on savings and temporary cash investments	9		9	9
4	Dividends and interest from securities...	5,995		5,995	5,995
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		137,391
b	Gross sales price for all assets on line 6a 452,041
7	Capital gain net income (from Part IV, line 2)...			137,391
8	Net short-term capital gain.........				135,207
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........	143,395		143,395	141,211
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).......		2,850	2,850
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		321	321
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		11,632	10,687		945
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	14,803		13,858		945
25	Contributions, gifts, grants paid.......	74,478				74,478
26	Total expenses and disbursements. Add lines 24 and 25	89,281		13,858		75,423
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	54,114
b	Net investment income (if negative, enter -0-)			129,537
c	Adjusted net income (if negative, enter -0-)...				141,211

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.............	182	21,555	21,555
	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..............
	9	Prepaid expenses and deferred charges..........
	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
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	368,091	255,847	255,847
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	368,273	277,402	277,402
	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........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	368,273	277,402
	30	Total net assets or fund balances (see instructions).....	368,273	277,402
	31	Total liabilities and net assets/fund balances (see instructions).	368,273	277,402

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

368,273

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

54,114

Other increases not included in line 2 (itemize) bullet

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

422,387

Decreases not included in line 2 (itemize) bullet

144,985

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

277,402

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	37.17 Investco Intl Growth	P	2014-08-13	2015-07-07
b	67.3 Investco Intl Growth	P	2014-10-29	2015-09-30
c	165.52 Investco Intl Growth	P	2015-02-10	2015-09-30
d	17.33 Investco Intl Growth	P	2015-02-10	2015-10-15
e	12.41 Investco Intl Growth	P	2015-02-10	2015-12-11
	127.63 BAIRD MIDCAP FUND	P	2015-02-10	2015-03-31
	29.91 BAIRD MIDCAP FUND	P	2015-02-10	2015-07-07
	101.4 BAIRD MIDCAP FUND	P	2014-10-29	2015-09-30
	129.01 BAIRD MIDCAP FUND	P	2015-02-10	2015-09-30
	121.65 Columbia Div Income Fund	P	2014-10-29	2015-02-27
	480.58 Columbia Div Income Fund	P	2015-02-10	2015-02-27
	204.24 Columbia Emerging Markets Fund	P	2014-06-30	2015-03-31
	899.35 Columbia Emerging Markets Fund	P	2015-02-10	2015-05-29
	377.88 Columbia Emerging Markets Fund	P	2014-10-29	2015-05-29
	27.39 Credit Suisse Commodity Return	P	2014-10-29	2015-07-07
	17 DB X-Trackers	P	2015-02-27	2015-07-07
	18 DB X-Trackers	P	2015-02-27	2015-10-15
	41 DB X-Trackers	P	2015-02-27	2015-12-11
	142.85 Goldman Sachs Absolute Return	P	2014-10-29	2015-07-07
	123.45 Goldman Sachs Absolute Return	P	2014-10-29	2015-10-15
	10.94 Oakmark	P	2015-02-27	2015-07-07
	14.36 Oakmark	P	2015-02-27	2015-10-15
	25.62 Oakmark	P	2015-02-27	2015-12-11
	68.17 Hatteras Alphs Hedged Stategies	P	2014-10-29	2015-07-07
	49.33 Hatteras Alphs Hedged Stategies	P	2014-10-29	2015-10-15
	67.69 Hatteras Alphs Hedged Stategies	P	2015-02-10	2015-12-11
	23 Ishares Core S&P Mid Cap ETF	P	2015-02-27	2015-07-07
	12 Ishares Core S&P Mid Cap ETF	P	2015-02-27	2015-10-15
	14 Ishares Core S&P Mid Cap ETF	P	2015-02-27	2015-10-15
	48 Ishares Core S&P Mid Cap ETF	P	2015-02-27	2015-12-11
	9 Ishares Core S&P Mid Cap ETF	P	2015-09-30	2015-10-15
	12 Ishares Core S&P Mid Cap ETF	P	2015-09-30	2015-12-11
	6 Ishares TR S&P Midcap 400 Index Fd	P	2015-02-10	2015-07-07
	28 Ishares TR S&P Midcap 400 Index Fd	P	2015-03-10	2015-09-30
	12 Ishares TR S&P Midcap 400 Index Fd	P	2014-10-29	2015-09-30
	6 Ishares TR S&P Midcap 400 Index Fd	P	2015-02-10	2015-07-07
	10 Ishares TR S&P Midcap 400 Index Fd	P	2015-02-10	2015-10-15
	1 Ishares TR S&P Midcap 400 Index Fd	P	2015-01-26	2015-12-11
	12 Ishares TR S&P Midcap 400 Index Fd	P	2015-02-10	2015-12-11
	7 Ishares TR S&P	P	2015-02-10	2015-07-07
	9 Ishares TR S&P	P	2015-02-10	2015-09-30
	5 Ishares TR S&P	P	2015-02-10	2015-10-15
	11 Ishares TR S&P	P	2015-02-10	2015-12-11
	47 Ishares Core S&P Mid Cap ETF	P	2015-09-30	2015-10-15
	43 Ishares Core S&P Mid Cap ETF	P	2015-09-30	2015-12-11
	51.27 JPMorgan Intl Value Fund	P	2014-12-31	2015-09-30
	172.72 JPMorgan Intl Value Fund	P	2014-10-29	2015-09-30
	624.04 JPMorgan Intl Value Fund	P	2015-02-10	2015-09-30
	18.27 MFS Mid Cap Value	P	2015-09-30	2015-10-15
	22.41 MFS Mid Cap Value	P	2015-09-30	2015-12-11
	247.61 MFS VAlue Fnd	P	2015-02-10	2015-02-27
	71.81 MFS VAlue Fnd	P	2014-10-29	2015-02-27
	38.69 Neuberger Berman High Income Fd	P	2014-10-29	2015-09-30
	40.67 Neuberger Berman High Income Fd	P	2014-10-29	2015-10-15
	41.38 Pimco Foreign Fd	P	2014-10-29	2015-02-27
	115.63 Pimco Foreign Fd	P	2015-02-10	2015-02-27
	6.96 Pimco Foreign Fd	P	2014-10-12	2015-07-07
	13 Pimco Foreign Fd	P	2014-10-12	2015-09-30
	.59 Pimco Foreign Fd	P	2015-02-10	2015-12-11
	324.11 Prudential GLobal Real Estate Fund	P	2015-02-10	2015-02-27
	10.13 Prudential GLobal Real Estate Fund	P	2015-02-10	2015-07-07
	10.74 Prudential GLobal Real Estate Fund	P	2014-10-29	2015-07-07
	26.04 Prudential GLobal Real Estate Fund	P	2014-10-29	2015-10-15
	122.44 Ridgeworth Mid Cap Value Equity	P	2014-06-30	2015-03-31
	112.27 Ridgeworth Mid Cap Value Equity	P	2014-10-29	2015-09-30
	281.07 Ridgeworth Mid Cap Value Equity	P	2015-02-10	2015-09-30
	72.75 Schroder Emerging Mkt Equity	P	2015-05-29	2015-07-07
	25.13 Schroder Emerging Mkt Equity	P	2015-05-29	2015-10-15
	78.74 Schroder Emerging Mkt Equity	P	2015-05-29	2015-12-11
	184.98 TCW Select Galileo FDS In Core	P	2014-10-29	2015-02-27
	666.34 TCW Select Galileo FDS In Core	P	2014-06-30	2015-02-27
	73.86 TCW Select Galileo FDS In Core	P	2014-03-30	2015-02-27
	7.01 Touchstone Small Cap Growth Fund	P	2014-06-30	2015-03-31
	64.33 Undiscovered Mangers FDS	P	2015-02-10	2015-09-30
	19.71 Undiscovered Mangers FDS	P	2014-10-29	2015-09-30
	46 Vanguard Tax Managed Fd Europe	P	2014-10-29	2015-02-27
	137 Vanguard Tax Managed Fd Europe	P	2015-02-10	2015-02-27
	4 VAnguard TOtal Intl Bond Index	P	2015-02-27	2015-09-30
	1 VAnguard TOtal Intl Bond Index	P	2015-02-27	2015-10-15
	3 VAnguard TOtal Intl Bond Index	P	2015-02-27	2015-12-11
	15 VAnguard Index FDS REIT Viper SHS	P	2015-02-27	2015-10-15
	10 VAnguard Index FDS REIT Viper SHS	P	2015-02-27	2015-12-11
	4 Wisdomtree Europe Hedged Equity	P	2015-03-31	2015-10-15
	14 Wisdomtree Europe Hedged Equity	P	2015-03-31	2015-12-11
	95.25 Investco Intl Growth Fund	P	2014-08-13	2015-09-30
	167.64 BAIRD MIDCAP FUND	P	2014-06-30	2015-09-30
	124.61 Columbia Div Income CLZ	P	2013-06-07	2015-02-27
	109.79 Columbia Div Income CLZ	P	2013-05-23	2015-02-27
	19.07 Columbia Div Income CLZ	P	2013-10-02	2015-02-27
	53.64 Columbia Div Income CLZ	P	2013-12-11	2015-02-27
	136.92 COLUMBIA FDS SER TR 1 EMERGING	P	2013-05-23	2015-03-31
	9.17 COLUMBIA FDS SER TR 1 EMERGING	P	2013-04-22	2015-03-31
	111.1 COLUMBIA FDS SER TR 1 EMERGING	P	2013-05-04	2015-05-29
	213.07 COLUMBIA FDS SER TR 1 EMERGING	P	2013-06-07	2015-05-29
	97.29 COLUMBIA FDS SER TR 1 EMERGING	P	2013-04-22	2015-05-29
	15.13 Credit Suisse Commodity Return Stategy F	P	2014-10-29	2015-12-11
	58.06 Goldman Sachs Strategic Income	P	2014-06-30	2015-07-07
	90.47 Goldman Sachs Strategic Income	P	2014-06-30	2015-10-15
	97.5 Goldman Sachs Strategic Income	P	2014-06-30	2015-12-11
	22.69 Goldman Sachs Absolute Return	P	2013-06-07	2015-10-15
	165.48 Goldman Sachs Absolute Return	P	2013-06-07	2015-12-11
	19.86 Hatteras Alphs Hedged Stategies Fund	P	2014-10-29	2015-12-11
	20 Ishares TR S&P Midcap 400 Index Fd	P	2013-04-22	2015-09-30
	4 Ishares TR S&P Midcap 400 Index Fd	P	2013-06-07	2015-09-30
	59.18 JPMorgan Intl Value Fund	P	2013-12-11	2015-07-07
	43.64 JPMorgan Intl Value Fund	P	2013-10-02	2015-07-07
	35.44 JPMorgan Intl Value Fund	P	2013-06-07	2015-09-30
	165.64 JPMorgan Intl Value Fund	P	2013-10-02	2015-09-30
	66.94 MFS VAlue FUnd	P	2013-06-07	2015-02-27
	66.89 MFS VAlue FUnd	P	2013-05-23	2015-02-27
	6.02 MFS VAlue FUnd	P	2013-10-02	2015-02-27
	31.37 MFS VAlue FUnd	P	2013-12-11	2015-02-27
	41.05 Neuberger Berman High Income BD	P	2013-05-23	2015-07-07
	40.09 Neuberger Berman High Income BD	P	2013-05-23	2015-09-30
	187.45 Neuberger Berman High Income BD	P	2013-04-22	2015-09-30
	110.32 Neuberger Berman High Income BD	P	2013-06-07	2015-09-30
	44.66 NEUBERGER High Income	P	2014-10-29	2015-12-11
	21.42 Pimco Foreign Fd	P	2014-10-12	2015-12-11
	29.22 Prudential GLobal Real Estate	P	2014-10-29	2015-12-11
	29.82 Ridgeworth Mid Cap Value Equity	P	2014-06-30	2015-07-07
	84.26 Ridgeworth Mid Cap Value Equity	P	2014-06-30	2015-09-30
	148 SPDR Barclays Capital Short Term	P	2014-06-30	2015-07-07
	162 SPDR Barclays Capital Short Term	P	2014-06-30	2015-10-15
	143 SPDR Barclays Capital Short Term	P	2014-06-30	2015-12-11
	99.2 TCW Galileo FDS Inc Core	P	2013-06-07	2015-02-27
	28.74 TCW Galileo FDS Inc Core	P	2013-12-11	2015-02-27
	180.67 TCW Galileo FDS Inc Core	P	2013-05-23	2015-02-27
	76.82 TCW Galileo FDS Inc Core	P	2013-04-22	2015-02-27
	173.53 Touchstone Small Cap Growth Fund	P	2014-06-30	2015-07-07
	145.6 Touchstone Small Cap Growth Fund	P	2014-06-30	2015-12-11
	15.95 Undiscovered Mangers FDS	P	2014-06-30	2015-07-07
	24.95 Undiscovered Mangers FDS	P	2014-06-30	2015-09-30
	84 Vanguard Tax Managed Fd Europe	P	2013-04-22	2015-02-27
	475 Apple Inc	D	2014-12-18	2015-01-22
	575 Apple Inc	D	2014-12-18	2015-01-22
	25 Apple Inc	D	2014-12-18	2015-01-22
	675 Apple Inc	D	2014-12-18	2015-01-22
	25 Apple Inc	D	2014-12-18	2015-01-22
	25 Apple Inc	D	2014-12-18	2015-01-22

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,224	1,301	-77
b	2,014	2,262	-248
c	4,954	5,422	-468
d	555	568	-13
e	379	407	-28
	2,074	1,987	87
	486	466	20
	1,513	1,544	-31
	1,925	2,009	-84
	2,343	2,376	-33
	9,256	9,136	120
	2,114	2,194	-80
	9,497	9,074	423
	3,990	3,892	98
	153	187	-34
	481	505	-24
	488	534	-46
	1,089	1,217	-128
	1,328	1,338	-10
	1,122	1,157	-35
	522	532	-10
	565	591	-26
	984	1,054	-70
	800	796	4
	552	576	-24
	751	787	-36
	4,776	4,895	-119
	2,414	2,554	-140
	2,817	2,979	-162
	9,756	10,215	-459
	1,455	1,389	66
	1,905	1,852	53
	897	883	14
	3,795	4,120	-325
	1,626	1,680	-54
	738	715	23
	1,131	1,192	-61
	112	115	-3
	1,341	1,430	-89
	762	769	-7
	986	989	-3
	548	549	-1
	1,191	1,209	-18
	2,625	2,468	157
	2,311	2,258	53
	643	680	-37
	2,166	2,423	-257
	7,825	8,431	-606
	371	353	18
	440	434	6
	8,869	8,723	146
	2,572	2,474	98
	322	359	-37
	343	378	-35
	453	460	-7
	1,265	1,252	13
	74	77	-3
	138	143	-5
	6	6
	8,249	8,245	4
	246	258	-12
	261	260	1
	882	873	9
	1,682	1,833	-151
	1,363	1,625	-262
	3,412	3,865	-453
	912	960	-48
	296	332	-36
	836	1,039	-203
	5,087	4,806	281
	18,324	17,578	746
	2,031	1,904	127
	44	42	2
	3,496	3,547	-51
	1,071	1,093	-22
	1,864	1,797	67
	5,552	5,340	212
	212	215	-3
	53	54	-1
	159	162	-3
	1,176	1,241	-65
	775	828	-53
	230	265	-35
	799	927	-128
	2,851	3,334	-483
	2,501	2,587	-86
	2,400	2,147	253
	2,115	1,903	212
	367	328	39
	1,033	968	65
	1,417	1,454	-37
	95	96	-1
	1,173	1,140	33
	2,250	2,160	90
	1,027	1,015	12
	68	104	-36
	583	613	-30
	897	955	-58
	955	1,030	-75
	206	212	-6
	1,465	1,546	-81
	220	232	-12
	2,711	2,247	464
	542	472	70
	814	887	-73
	600	650	-50
	444	488	-44
	2,077	2,466	-389
	2,398	2,022	376
	2,396	2,019	377
	216	186	30
	1,124	1,002	122
	363	399	-36
	334	390	-56
	1,560	1,807	-247
	918	1,050	-132
	359	415	-56
	229	236	-7
	686	708	-22
	404	446	-42
	1,023	1,261	-238
	4,530	4,563	-33
	4,956	4,994	-38
	4,355	4,409	-54
	2,728	2,168	560
	790	723	67
	4,968	4,000	968
	2,112	1,623	489
	1,130	1,031	99
	849	865	-16
	942	904	38
	1,356	1,413	-57
	3,404	3,089	315
	53,377	4,470	48,907
	64,614	5,411	59,203
	2,809	1,808	1,001
	75,838	48,819	27,019
	2,809	1,965	844
	2,809	1,965	844

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			-77
b			-248
c			-468
d			-13
e			-28
			87
			20
			-31
			-84
			-33
			120
			-80
			423
			98
			-34
			-24
			-46
			-128
			-10
			-35
			-10
			-26
			-70
			4
			-24
			-36
			-119
			-140
			-162
			-459
			66
			53
			14
			-325
			-54
			23
			-61
			-3
			-89
			-7
			-3
			-1
			-18
			157
			53
			-37
			-257
			-606
			18
			6
			146
			98
			-37
			-35
			-7
			13
			-3
			-5

			4
			-12
			1
			9
			-151
			-262
			-453
			-48
			-36
			-203
			281
			746
			127
			2
			-51
			-22
			67
			212
			-3
			-1
			-3
			-65
			-53
			-35
			-128
			-483
			-86
			253
			212
			39
			65
			-37
			-1
			33
			90
			12
			-36
			-30
			-58
			-75
			-6
			-81
			-12
			464
			70
			-73
			-50
			-44
			-389
			376
			377
			30
			122
			-36
			-56
			-247
			-132
			-56
			-7
			-22
			-42
			-238
			-33
			-38
			-54
			560
			67
			968
			489
			99
			-16
			38
			-57
			315
			48,907
			59,203
			1,001
			27,019
			844
			844

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	137,391
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	135,207

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
2013
2012
2011
2010

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

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 . . .

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

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

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

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

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

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	2,591
	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	2,591
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	2,591
6	Credits/Payments:

a	2015 estimated tax payments and 2014 overpayment credited to 2015	6a	21
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	2,650
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	2,671
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	5
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	75
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax75	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?................

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

Yes

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

BRYAN LEE Telephone no. bullet

(480) 951-0033

Located at bullet

3655 W ANTHEM WAY SUITE 109-421ANTHEMAZ ZIP+4 bullet

86086

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-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
TERRY G LEE	President 2.50	0
3655 W ANTHEM WAY STE 109-421 ANTHEM,AZ85086	President 2.50	0
RICHARD G LEE	Treasurer 0.25	0
2823 EAGLE CIRCLE ERIE,CO80516	Treasurer 0.25	0
STEPHANIE JEPPSEN	Secretary 0.50	0
2136 NORTH ROCK MANOR DRIVE CENTERVILLE,UT84014	Secretary 0.50	0
BRYAN G LEE	VPresident/ CFO 8.00	0
3668 W ANTHEM WAY A-106 ANTHEM,AZ85086	VPresident/ CFO 8.00	0
MICHAEL D LEE	ASS'T SECRETARY 0.50	0
3655 W ANTHEM WAY STE109-421 ANTHEM,AZ85086	ASS'T SECRETARY 0.50	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	Donation to U.S.Ski and Snowboard Association to support Olympic Skiing and Snowboarding.To provide leadership and direction to young skiers and snowboarders who share in the Olympic dream.	17,000
2	Donation to Hope 4 Kids Foundation. Donation supports Seka Village by building infrastructure, digging wells, agricultural support, feeding and education programs.	15,069
3	Donation to Weber State University to support football program and the purchase of equipment.	10,000
4	Hope 4 Kids Foundation - Travel to Seka Village Uganda Africa to support children and assist with education and orphan care.	7,809

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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 ..........

75,423

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

75,423

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

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

75,423

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	(b) Years prior to 2014	(c) 2014	(d) 2015
1 Distributable amount for 2015 from Part XI, line 7
2 Undistributed income, if any, as of the end of 2015:
a Enter amount for 2014 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2015:
a From 2010......
b From 2011......
c From 2012......
d From 2013......
e From 2014......
fTotal of lines 3a through e........
4Qualifying distributions for 2015 from Part
XII, line 4: $
a Applied to 2014, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2015 distributable amount.....
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 ..........
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)

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

2006-12-12

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
	0				0
b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....	75,423	148,654	98,695	53,442	376,214
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 ....	75,423	148,654	98,695	53,442	376,214
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...					0
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).)

TERRY G LEE

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 email address of the person to whom applications should be addressed:

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

cAny submission deadlines:

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

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
HOPE 4 KIDS INTERNATIONAL PO BOX 74010 PHOENIX,AZ85087	NONE	PC	Donation to support the organization specifically donation for Seka a village in Uganda Africa sponsoring children as well as infrastructure, providing wells, agricultural support, feeding and education programs.	15,069
SCOTTSDALE HEALTHCARE FOUNDATION 10001 N 92ND ST 121 SCOTTSDALE,AZ85258	NONE	PC	Donation for Cancer Transplant Institute	2,000
Desert Voices 3426 E Shea Blvd Phoenix,AZ85028	NONE	PC	Donation to support hearing impaired children including early intervention and support	2,000
TGEN Foundation 445 North Fifth Street Suite 120 Phoenix,AZ85004	NONE	PC	Donation - cancer research	2,300
North Phoenix Rotary Club PO Box 7156 Phoenix,AZ85011	NONE	PC	Donation to assist with children's progams	80
Grace Christian Fellowship 300 Timothy Drive Sturgis,MI49091	NONE	PC	To provide support for Uganda Farm and SMPI	5,934
Women with a cause 1133 14th Street Suite 2400 Denver,CO80202	NONE	PC	Fund programs that provide education and skill training to homeless and low income mothers	1,000
Hope 4 Kids Foundation - Travel to PO BOX 74010 PHOENIX,AZ85087	NONE	PC	Travel expenses to provide direct support	7,809
Boys Girls Clubs of Metro Phoenix 4309 E Bellview St Phoenix,AZ85008	NONE	PC	Donation of Bike Helmets for distribution to needy children	5,000
James Tyree Foundatiion 353 North Clark Street 9th Floor Chicago,IL60654	NONE	PC	To advance innovative educational efforts in academics, health care and other disciplines.	2,000
US Ski and Snowboarding Association Box 100 Park City,UT84060	NONE	PC	To support Olympic Skiing and Snowboarding.To provide leadership and direction to young skiers and snowboarders who share in the Olympic dream while adhering to the values of team, loyalty, respect, perseverance and accountability.	17,000
Foundation for Living Medicine 4848 East Cactus Road Suite 505-50 Scottsdale,AZ85254	NONE	PC	To support the advancement of holistic medicince through research and education. Promotes physician training and patient awareness.	2,000
Santa Cruz High School 415 Walnut Ave Santa Cruz,CA95060	NONE	PC	To provide funding for the soccer team	250
Cure SMA 925 Busse Road Elk Grove Village,IL60007	NONE	PC	To provide support for support of patients with spinal muscular atrophy.	1,000
Webster State University 1265 Village Dr Department 4018 Ogden,UT84408	NONE	PC	To fund the purchase of athletic equipment.	10,000
Huntsman Cancer Center 500 Huntsman Way Salt Lake City,UT84108	NONE	PC	To provide support to cancer patients and provide academic and clinical training for future physicians and researchers.	203
Banner Alzheimers Foundation WISP 2901 N Central Avenue Suite 160 Phoenix,AZ85012	NONE	PC	Donation to support those with Alzheimers disease	75
Boys Girls Clubs of Metro Phoenix 4309 E Bellview St Phoenix,AZ85008	NONE	PC	Donation of Bike Helmets for distribution to needy children	108
Chances for Children 20343 North Hayden Road St 105-114 Scottsdale,AZ85255	NONE	PC	To provide support for the children of Haiti through the donation of feed, medical care and education.	200
Crohn's Colitis Foundation PO Box 1245 Albert Lea,MN56007	NONE	PC	To provide fund research, education and patient support for patients with Crohn's disease and ulcerative colitis.	250
Image Reborn Foundation 5445 South Highland Dr Salt Lake City,UT84117	NONE	PC	To support woman with breast cancer through survivor retreats.	200
Total ................................. 3a				74,478

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 ...........			14	9
4 Dividends and interest from securities....			14	5,995
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 ............					137,391
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)..				6,004	137,391

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

13143,395

(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:

LEE FAMILY FOUNDATION INC

EIN:

20-8039685

Software ID:

15000324

Software Version:

2015v2.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Accounting Fees	2,850	2,850	0	0

- TIN:

TY 2015 InvestmentsOtherSchedule2

Name:

LEE FAMILY FOUNDATION INC

EIN:

20-8039685

Software ID:

15000324

Software Version:

2015v2.0

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
U.S. Trust - Account 5054	FMV	253,257	253,256
Charles Schwab KL 2113-2995	FMV	2,590	2,590

- TIN:

TY 2015 OtherExpensesSchedule

Name:

LEE FAMILY FOUNDATION INC

EIN:

20-8039685

Software ID:

15000324

Software Version:

2015v2.0

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
Bank Service Charges	2,017	2,017
Dues & Subscriptions	114	114
Investment Management Fees	7,200	7,200
Meeting Costs	1,417	472	945
Miscellaneous	504	504
Postage and Delivery	80	80
Supplies	300	300

- TIN:

TY 2015 TaxesSchedule

Name:

LEE FAMILY FOUNDATION INC

EIN:

20-8039685

Software ID:

15000324

Software Version:

2015v2.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Taxes	321	321