Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 07-01-2015 , and ending 06-30-2016
Name of foundation
MAYBELLE CLARK MACDONALD FUND
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1496
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BEND, OR97709
A Employer identification number

23-7108002
B Telephone number (see instructions)

(541) 728-0848
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$137,805,406J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 258 258  
4 Dividends and interest from securities... 3,019,691 3,019,691  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 173,781
b Gross sales price for all assets on line 6a 126,148,481
7 Capital gain net income (from Part IV, line 2)... 173,781
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 14,190 0  
12 Total. Add lines 1 through 11........ 3,207,920 3,193,730  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 225,935 112,967   112,968
14 Other employee salaries and wages...... 49,489 24,744   24,745
15 Pension plans, employee benefits....... 107,146 53,573   53,573
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 13,935 0   13,935
c Other professional fees (attach schedule).... Click to see attachment 605,697 602,988   2,709
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 105,000 0   0
19 Depreciation (attach schedule) and depletion... 14,498 7,249  
20 Occupancy.............. 7,037 3,519   3,518
21 Travel, conferences, and meetings....... 16,026 8,013   8,013
22 Printing and publications.......... 1,564 782   782
23 Other expenses (attach schedule)....... Click to see attachment 39,147 19,498   19,649
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,185,474 833,333   239,892
25 Contributions, gifts, grants paid....... 6,311,794 6,311,794
26 Total expenses and disbursements. Add lines 24 and 25 7,497,268 833,333   6,551,686
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -4,289,348
b Net investment income (if negative, enter -0-) 2,360,397
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 476,830 272,784 272,784
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 810,886 Click to see attachment3,753,917 3,804,834
b Investments—corporate stock (attach schedule)....... 98,955,731 Click to see attachment106,449,348 120,677,302
c Investments—corporate bonds (attach schedule)....... 14,650,387 Click to see attachment3,026,496 3,089,480
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 10,648,645 Click to see attachment7,750,325 9,688,023
14 Land, buildings, and equipment: basis bullet379,696
Less: accumulated depreciation (attach schedule) bullet106,713 272,722 Click to see attachment272,983 272,983
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 125,815,201 121,525,853 137,805,406
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 125,815,201 121,525,853
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 125,815,201 121,525,853
31 Total liabilities and net assets/fund balances (see instructions). 125,815,201 121,525,853
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
125,815,201
2
Enter amount from Part I, line 27a .....................
2
-4,289,348
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
121,525,853
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
121,525,853
Form 990-PF (2015)
Form 990-PF (2015)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED INVESTMENTS      
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 126,148,481   125,974,700 173,781
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       173,781
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 173,781
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 6,779,668 147,593,813 0.045935
2013 5,449,886 135,024,716 0.040362
2012 4,645,510 120,835,946 0.038445
2011 5,257,950 114,852,913 0.045780
2010 5,903,553 116,514,080 0.050668
2
Total of line 1, column (d) .....................
20.221190
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years . . .
3
0.044238
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
136,492,744
5
Multiply line 4 by line 3......................
5
6,038,166
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
23,604
7
Add lines 5 and 6........................
7
6,061,770
8
Enter qualifying distributions from Part XII, line 4.............
8
6,551,686
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2015)
Form 990-PF (2015)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 23,604
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 23,604
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 23,604
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 111,795
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.............. 7 111,795
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 88,191
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet23,604 RefundedBullet 11 64,587
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOR
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.MCMFUNDGIVING.ORG
    14
    The books are in care ofbulletMONIQUE MCCLEARY Telephone no.bullet (541) 728-0848

    Located atbulletPO BOX 1496BENDOR ZIP+4bullet97709
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    CLARK C MUNRO CHAIRMAN
    20.00     		67,712 9,707 0
    PO BOX 1496
    BEND,OR97709
    MONIQUE M MCCLEARY PRESIDENT
    30.00     		145,223 21,486 0
    PO BOX 1496
    BEND,OR97709
    MAURIE M MUNRO SECRETARY
    4.00     		4,000 0 0
    PO BOX 1496
    BEND,OR97709
    CLARK C MUNRO JR DIRECTOR
    1.00     		3,000 0 0
    PO BOX 1496
    BEND,OR97709
    WARNER R MUNRO DIRECTOR
    1.00     		3,000 0 0
    PO BOX 1496
    BEND,OR97709
    GENE D'AUTREMONT DIRECTOR
    2.00     		3,000 0 0
    PO BOX 1496
    BEND,OR97709
    GARY BRANDEN DIRECTOR
    2.00     		0 0 0
    PO BOX 1496
    BEND,OR97709
    JANEEN MCANINCH DIRECTOR
    2.00     		0 0 0
    PO BOX 1496
    BEND,OR97709
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    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
    MORGAN STANLEY INVESTMENT ADVISORY 234,540
    1001 SW FIFTH AVENUE
    PORTLAND,OR97204
    UNION BANK INVESTMENT ADVISORY 135,491
    407 SW BROADWAY
    PORTLAND,OR97205
    BECKER CAPITAL MANAGEMENT INVESTMENT ADVISORY 113,599
    1211 SW FIFTH AVENUE
    PORTLAND,OR97204
    RVK INVESTMENT ADVISORY 76,908
    1211 SW FIFTH AVENUE SUITE 900
    PORTLAND,OR97204
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    137,340,065
    b
    Average of monthly cash balances.......................
    1b
    1,093,688
    c
    Fair market value of all other assets (see instructions)................
    1c
    137,561
    d
    Total (add lines 1a, b, and c).........................
    1d
    138,571,314
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    138,571,314
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,078,570
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    136,492,744
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    6,824,637
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    6,824,637
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    23,604
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    23,604
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,801,033
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    6,801,033
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    6,801,033
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    6,551,686
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    6,551,686
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    23,604
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    6,528,082
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 6,801,033
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 52,752
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 0
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 6,551,686
    a Applied to 2014, but not more than line 2a 52,752
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2015 distributable amount..... 6,498,934
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		302,099
    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) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ABBEY FOUNDATION OF OREGON
    PO BOX 497
    SAINT BENEDICT,OR97373     		  PC MOUNT ANGEL ABBEY SEMINARY PASTORAL FORMATION 25,000
    AGAPE YOUTH
    PO BOX 12083
    EUGENE,OR97440     		  PC $14,800 FOR PLAYGROUND FOR OSP VISITORS , $3,000 FOR CAMP AGAPE 17,800
    AINSWORTH FOUNDATION
    2425 SW VISTA AVENUE
    PORTLAND,OR97201     		  PC 2016 FUNDRAISER SUPPORT 3,000
    AIRWAY SCIENCE FOR KIDS
    PO BOX 4142
    PORTLAND,OR97208     		  PC N/NE TEEN FLIGHT EXPANSION PROJECT 20,000
    ALBERTINA KERR CENTERS FOUNDATION
    424 NE 22ND AVENUE
    PORTLAND,OR97232     		  SO 1 EXPANSION OF CHILDREN'S CRISIS PSYCHIATRIC CARE 50,000
    AMERICAN RED CROSS
    2025 E STREET
    WASHINGTON,DC20006     		  PC $75,000 FOR CASCADES REGION CLARA BARTON INITIATIVE, $150,000 FOR THE SOUTHERN & CENTRAL OREGON BLOODMOBILE PROJECT 225,000
    AMERICAN RIVERS
    317 SW ALDER STREET SUITE 900
    PORTLAND,OR97204     		  PC OREGON SOURCEWATERS PROJECT 3,000
    ARCHDIOCESE OF PORTLAND IN OREGON
    2838 E BURNSIDE STREET
    PORTLAND,OR97214     		  PC SHARING OUR FAITH, SHAPING OUR FUTURE CAMPAIGN 50,000
    BEND FOOD PROJECT
    61511 TAM MCARTHUR LOOP
    BEND,OR97702     		  PC BEND FOOD PROJECT 615
    BEND HIGH SCHOOL
    230 NE 6TH STREET
    BEND,OR97701     		  PC ATHLETIC SUPPORT & MARDI GRAS DINNER/DANCE FUNDRAISER 5,709
    BEND SCIENCE STATION
    1027 NW TRENTON AVENUE
    BEND,OR97701     		  PC BUILDING THE FUTURE OF SCIENCE EDUCATION IN CENTRAL OREGON 50,000
    BEND SPAYNEUTER PROJECT
    910 SE WILSON A-1
    BEND,OR97702     		  PC CENTRAL OREGON CAT ALLIANCE COMMUNITY CAT PROGRAM 3,000
    BLACK PARENT INITIATIVE
    2811 NE HOLMAN STREET
    PORTLAND,OR97211     		  PC BPI ORGANIZATIONAL GROWTH AND TECHNOLOGY DEVELOPMENT INITIATIVE 40,000
    BLANCHET HOUSE OF HOSPITALITY
    1500 NE IRVING STREET SUITE 440
    PORTLAND,OR97232     		  PC BLANCHET HOUSE OF HOSPITALITY 2016 MATCHING GRANT 75,000
    BODYVOX
    1201 NW 17TH AVENUE
    PORTLAND,OR97209     		  PC BODYVOX DANCE CENTER EDUCATION STUDIO 10,000
    BOY SCOUTS OF AMERICA
    2145 SW NAITO PARKWAY
    PORTLAND,OR97201     		  PC COMMUNITY IMPACT PROGRAM 50,000
    BOYS & GIRLS CLUBS OF THE OLYMPIC PENINSULA
    400 WEST FIR STREET
    SEQUIM,WA98382     		  PC GENERAL OPERATING SUPPORT 5,000
    BRADLEY ANGLE
    5342 N ALBINA AVENUE
    PORTLAND,OR97217     		  PC 40TH ANNIVERSARY GIVING CAMPAIGN 50,000
    BRIDGE MEADOWS
    PO BOX 4582
    PORTLAND,OR97208     		  PC CONNECTING COMMUNITY THROUGH PLACE, PERMANENCE AND SHARED SOCIAL PURPOSE 25,000
    CADDIES FOR A CURE
    13500 SW PACIFIC HWY PMB 132
    TIGARD,OR97223     		  PC GENERAL OPERATING SUPPORT 4,000
    CALDERA
    224 NW 13TH AVENUE SUITE 304
    PORTLAND,OR97209     		  PC FRIENDS CAMPAIGN 25,000
    CALVARY CHAPEL
    9100 SW WILSHIRE STREET
    PORTLAND,OR97225     		  PC REACH 2:47 25,000
    CAMP ARRAH WANNA INC
    24075 E ARRAH WANNA BOULEVARD
    WELCHES,OR97067     		  PC PYPA SUPPORT 9,791
    CAMPS FOR KIDS
    805 SW BROADWAY STE 1900
    PORTLAND,OR97205     		  PC SCHOLARSHIPS 20,000
    CANDLELIGHTERS FOR CHILDREN WITH CANCER
    5440 SW WESTGATE DRIVE SUITE 125
    PORTLAND,OR97221     		  PC HARVEST OF HOPE GALA FUNDRAISER MATCHING CHALLENGE 20,000
    CATLIN GABEL SCHOOL
    8825 SW BARNES ROAD
    PORTLAND,OR97225     		  PC CREATIVE ARTS CENTER 25,000
    CENTER FOR HOPE & SAFETY
    795 WINTER TREET NE
    SALEM,OR97301     		  PC HAVEN OF HOPE EMERGENCY SHELTER PROJECT 50,000
    CENTER VALLEY ANIMAL RESCUE
    11900 CENTER ROAD
    QUILCENE,WA98376     		  PC GENERAL OPERATING SUPPORT 10,000
    CENTRAL CITY CONCERN
    232 NW 6TH AVENUE
    PORTLAND,OR97209     		  PC HOMELESS ACTION FUND CHALLENGE GRANT 25,000
    CENTRAL OREGON DISABILITY SUPPORT NETWORK
    2525 NE TWIN KNOTS DRIVE 7
    BEND,OR97701     		  PC A COMMUNITY OF SMILES 40,000
    CENTRAL OREGON JUNIOR GOLF ASSOCIATION
    PO BOX 6975
    BEND,OR97708     		  PC SPECIAL EVENT SPONSORSHIP 20,000
    CENTRAL OREGON VETERANS RANCH
    PO BOX 97701
    BEND,OR97701     		  PC MEDICAL EQUIPMENT FOR COVR 5,870
    CHILDREN'S CANCER ASSOCIATION
    1200 NW NAITO PARKWAY SUITE 140
    PORTLAND,OR97209     		  PC 2016 VALENTINE'S DAY FOR CCA MATCHING GRANT 20,000
    CHILDREN'S CENTER
    1713 PENN LANE
    OREGON CITY,OR97045     		  PC STEP UP FOR CHILDREN CAMPAIGN 52,500
    CHILDREN'S COURSE
    19825 RIVER ROAD
    GLADSTONE,OR97027     		  PC LIFE SKILLS AND HEALTHY HABITS EDUCATION FOR CULLY NEIGHBORHOOD YOUTH-EXPANSION 25,000
    CHILDREN'S HEALING ART PROJECT INC
    25 NW 23RD PLACE BOX 155
    PORTLAND,OR97210     		  PC SPECIAL EVENT SPONSORSHIP 10,000
    CHILDREN'S HOSPITAL LEGACY EMANUEL
    PO BOX 4484
    PORTLAND,OR97208     		  PC ENHANCING FUNDRAISING CAPACITY AT CARES NORTHWEST 50,000
    CHILDREN'S INSTITUTE
    1221 SW YAMHILL STREET SUITE 260
    PORTLAND,OR97205     		  PC INCREASING HEALTH AND EDUCATION OUTCOMES FOR OREGON'S CHILDREN 50,000
    CHRIST THE KING CATHOLIC SCHOOL
    7414 SE MICHAEL DRIVE
    MILWAUKIE,OR97222     		  PC FINANCIAL AID 15,000
    CHRISTIAN SCHOOL SOCIETY OF PORTLAND
    12425 NE SAN RAFAEL STREET
    PORTLAND,OR97230     		  PC 2015-2016 ACADEMIC & ATHLETIC SPORT 6,000
    CHURCH OF ST JOSEPH THE WORKER
    2310 SE 148TH AVENUE
    PORTLAND,OR972332799     		  PC BUILD, STRENGTHEN AND SHARE AT THE CHURCH OF ST. JOSEPH THE WORKER 25,000
    CLASSROOM LAW PROJECT
    620 SW MAIN ST STE 102
    PORTLAND,OR97205     		  PC CHALLENGE MATCH 16,500
    CLAY STREET TABLE
    1432 SW 13TH AVENUE
    PORTLAND,OR97201     		  PC GENERAL OPERATING SUPPORT 20,000
    COLLEGE POSSIBLE PORTLAND
    450 N SYNDICATE ST STE 200
    ST PAUL,MN55104     		  PC INTENSIVE PROGRAMMING FOR LOW-INCOME OREGON STUDENTS 50,000
    COMMUNITY WAREHOUSE
    3969 NE MARTIN LUTHER KING JR BLVD
    PORTLAND,OR97212     		  PC FURNITURE BANK CAPACITY PROJECT 55,000
    CONCORDIA UNIVERSITY FOUNDATION
    2811 NE HOLMAN STREET
    PORTLAND,OR97211     		  PC 3 TO PHD 100,000
    CORNISH COLLEGE OF THE ARTS
    1000 LENORA STREET
    SEATTLE,WA98121     		  PC VISITING ARTIST PROGRAM 10,000
    CORRIB THEATRE
    812 SW WASHINGTON STREET SUITE 1050
    PORTLAND,OR97205     		  PC CORRIB THEATRE SEASON 2015-2016 5,000
    CUT UPS OF NORTHERN CALIFORNIA
    6026 VERNER AVENUE
    SACRAMENTO,CA95841     		  PC BLANKETS & FOOD SUPPORT 3,000
    DAYS FOR GIRLS INTERNATIONAL
    52995 RIVERVIEW DRIVE
    LAPINE,OR97739     		  PC DAYS FOR GIRLS CENTRAL OREGON TEAM 5,000
    DE LA SALLE NORTH CATHOLIC HIGH SCHOOL
    7520 N FENWICK AVENUE
    PORTLAND,OR97217     		  PC COLLEGE PREP EDUCATION ACCESS FOR ALL STUDENTS 13,500
    DE LASALLE HIGH SCHOOL
    7528 N FENWICK
    PORTLAND,OR97217     		  PC FALL ANNIVERSARY SCHOLARSHIP DINNER - CHALLENGE GRANT 50,000
    DESCHUTES ACADEMY & FUTBOL CLUB
    PO BOX 8340
    BEND,OR97708     		  PC BEND FC TIMBERS FIELD COMPLEX AT PINE NURSERY PARK 100,000
    DESCHUTES BASIN LAND TRUST
    210 NW IRVING AVENUE SUITE 102
    BEND,OR97701     		  PC CAMPAIGN FOR WHYCHUS CREEK 450,000
    DESCHUTES CHILDREN'S FOUNDATION
    1010 NW 14TH AVE
    BEND,OR97701     		  PC NATURE PLAYSCAPE CAMPAIGN 10,000
    DESCHUTES RIVER ALLIANCE
    PO BOX 440
    MAUPIN,OR97037     		  PC PROGRAM EXPANSION 19,000
    DOVELEWIS EMERGENCY ANIMAL HOSPITAL INC
    1945 NW PETTYGROVE
    PORTLAND,OR97209     		  PC VELVET ASSISTANCE FUND 10,000
    FAITH HOPE & LOVE CHRISTIAN CENTER
    938 WAIAKAMILO ROAD
    HONOLULU,HI96817     		  PC CHURCH SUPPORT 1,200
    FAMILY ACCESS NETWORK FOUNDATION
    2125 NE DAGGETT LANE
    BEND,OR97701     		  PC EARLY CHILDHOOD ADVOCATE 10,000
    FAMILY BUILDING BLOCKS INC
    2425 LANCASTER DRIVE NE
    SALEM,OR97305     		  PC CHALLENGE MATCH & SERVING THE MOST VULNERABLE - THERAPEUTIC CLASSROOM SERVICES 85,000
    FIRST CONGREGATIONAL CHURCH
    1126 SW PARK AVENUE
    PORTLAND,OR97205     		  PC RESTORE A PORTLAND LANDMARK 25,000
    FLY-FISHERS CLUB OF OREGON
    PO BOX 218
    PORTLAND,OR97207     		  PC FFF AUCTION 2,000
    FOREST PARK CONSERVANCY
    1505 NW 23RD AVENUE
    PORTLAND,OR97210     		  PC CAPACITY BUILDING 35,000
    FRIENDLY HOUSE
    2617 NW SAVIER STREET
    PORTLAND,OR97210     		  PC $25,000 SCHOLARSHIPS & $3,000 HOUSE AUCTION 28,000
    FRIENDS OF THE CHILDREN
    44 NE MORRIS
    PORTLAND,OR97212     		  PC SPONSOR A FRIEND FOR TWELVE YEARS 8,500
    FRIENDS OF TREES
    3117 NE MARTIN LUTHER KING JR
    BOULEVARD
    PORTLAND,OR97212     		  PC GROWING LIVING HIHWAYS PROGRAM 30,000
    FRIENDS OF ZENGER FARMS
    11741 SE FOSTER RD
    PORTLAND,OR97266     		  PC ZENGER FARM COMMUNITY KITCHEN 10,000
    GHOST TREE INVITATIONAL
    63088 18TH STREET SUITE 200
    BEND,OR97701     		  PC 2016 GHOST TREE FUNDRAISER 5,000
    GIRLS INC
    4800 SW MACADAM AVENUE SUITE 309
    PORTLAND,OR97239     		  PC GOING TO THE GIRLS: PROVIDING THE GIRLS INC. EXPERIENCE TO GIRLS ACROSS OREGON 25,000
    GRANT COUNTY RANCH AND RODEO MUSEUM
    241 E MAIN ST
    JOHN DAY,OR97845     		  PC GENERAL OPERATING SUPPORT 5,000
    HOPE FOR ANIMALS
    1333 MAYCREST DRIVE
    FORT WAYNE,IN46805     		  PC SURGERY SUITE RENOVATION 2,500
    HABITAT FOR HUMANITY BEND
    1860 NE 4TH STREET
    BEND,OR97701     		  PC BUILD IT! BREAKFAST 2016 2,500
    HAPPY TRAILS RIDING CENTER
    20560 FERNVIEW RD
    WEST LINN,OR97068     		  PC GENERAL OPERATING SUPPORT 22,500
    HARPER'S PLAYGROUND
    2209 N SCHOFIELD STREET
    PORTLAND,OR97217     		  PC $50,000 HARPER'S PLAYGROUND @ GATEWAY PARK, $50,000 BUILDING MORE PLAY FOR MORE PEOPLE IN NORTHWEST PORTLAND 100,000
    HEART OF OREGON CORPS
    PO BOX 279
    BEND,OR97709     		  PC $50,000 FLEET FOR THE FUTURE & $40,000 CAMP LEAD: LEADERSHIP, EMPOWERMENT, ADVOCACY, DEVELOPMENT 110,000
    HIGH DESERT MUSEUM
    59800 S HIGHWAY 97
    BEND,OR97702     		  PC $100,000 RENOVATION, $26,000 GALA 126,000
    HOLY CROSS CATHOLIC SCHOOL
    5202 N BOWDOIN
    PORTLAND,OR97203     		  PC TUITION ASSISTANCE 20,000
    HOLY FAMILY CHURCH
    3732 SE KNAPP ST
    PORTLAND,OR97202     		  PC HANDS-ON SCIENCE/MATH FOR MULTIPLE LEARNING STYLES 15,000
    HUMAN SOLUTIONS
    12350 SE POWELL BLVD
    PORTLAND,OR97236     		  PC HOMELESS FAMILY PROGRAM 45,000
    HUMANE SOCIETY OF CENTRAL OREGON
    61170 SE 27TH STREET
    BEND,OR97702     		  PC GENERAL OPERATING SUPPORT 500
    I HAVE A DREAM FOUNDATION
    2916 NE ALBERTA STREET SUITE D
    PORTLAND,OR97211     		  PC DREAMER SCHOOL PROJECT 50,000
    IMPACT NORTHWEST
    PO BOX 33530
    PORTLAND,OR97292     		  PC SPECIAL EVENT SPONSORSHIP 50,000
    INCIGHT
    310 SW 4TH AVENUE
    PORTLAND,OR97204     		  PC PROGRAM EXPANSION 25,000
    JAMES BEARD PUBLIC MARKET
    222 SW WASHINGTON STREET
    PORTLAND,OR97204     		  PC HISTORIC PORTLAND PUBLIC MARKET FOUNDATION DBA JAMES BEARD PUBLIC MARKET 30,000
    JESUIT HIGH SCHOOL
    9000 SW BEAVERTON-HILLSDALE HIGHWAY
    PORTLAND,OR97225     		  PC FINANCIAL AID 20,000
    JUNIOR GOLF PERFORMANCE ACADEMY
    61240 SKYLINE RANCH ROAD
    BEND,OR97702     		  PC PLAYER CARD AND ACADEMY EXPANSION 5,000
    LA PINE COMMUNITY HEALTH CENTER
    PO BOX 3300
    LA PINE,OR97739     		  PC TRANSPORTATION FUND FOR THE LOW INCOME AND UNDER INSURED 10,000
    LA PINE COMMUNITY KITCHEN
    PO BOX 813
    LA PINE,OR97739     		  PC PANTRY AND CLOSET BUILDING SIDING AND ROOFING 15,000
    L'ARCHE PORTLAND
    435 SE 85TH AVE
    PORTLAND,OR97216     		  PC $10,000 VAN PURCHASE $ 9,000 INCREASING BELONGING AND COMMUNITY THROUGH FOOD AND HOSPITALITY 19,000
    LIVE WIRE RADIO
    3606 N MISSISSIPPI AVENUE
    PORTLAND,OR97227     		  PC TRANSFORMING LIVE WIRE'S EXTRAORDINARY LISTENERS AND AUDIENCE MEMBERS INTO INDIVIDUAL DONORS 10,000
    MARYHILL MUSEUM OF ART
    35 MARYHILL MUSEUM DRIVE
    GOLDENDALE,WA98620     		  PC STUCCO RENOVATION PROJECT 10,000
    MARYLHURST UNIVERSITY
    PO BOX 261
    MARYLHURST,OR97036     		  PC BUILDING A CULTURE OF PHILANTHROPY 25,000
    MAYBELLE CENTER (MACDONALD CENTER)
    605 NW COUCH STREET
    PORTLAND,OR97209     		  PC PROGRAM EXPANSION 50,000
    MEALS ON WHEELS PEOPLE
    7710 SW 31ST AVENUE
    PORTLAND,OR97219     		  PC SPECIAL EVENT SPONSORSHIP. 65,000
    MEDICAL TEAMS INTERNATIONAL
    14150 SW MILTON CT
    TIGARD,OR97224     		  PC $32,000 X-RAY EQUIPMENT, $10,000 EVENT SUPPORT, $10,000 FUNDRAISER SUPPORT 52,000
    MERCY CORPS
    45 SW ANKENY ST
    PORTLAND,OR97204     		  PC MATCHING GRANT CAMPAIGN TO ESTABLISH A CULTURE OF INDIVIDUAL GIVING FOR MERCY CORPS ACTION CENTER 25,000
    METROPOLITAN FAMILY SERVICES
    1808 SE BELMONT
    PORTLAND,OR97214     		  OR A GATHERING OF GOOD - COMMUNITY INITIATIVE MATCHING GIFT 25,000
    MICKEY RILEY FOUNDATION
    2780 SE HARRISON STREET SUITE 202
    MILWAUKIE,OR97222     		  PC SCHOLARSHIPS 5,000
    MT BACHELOR ROTARY
    61045 OUNTRY CLUB DRIVE
    BEND,OR97702     		  PC GENERAL OPERATING SUPPORT 600
    MUSIC WORKSHOP
    6881 SW 88TH PLACE
    PORTLAND,OR97223     		  PC GENERAL OPERATION SUPPORT 2,500
    NATIVE FISH SOCIETY
    221 MOLALLA AVENUE SUITE 100
    OREGON CITY,OR97045     		  PC $25,000 CAPACITY BUILDING, $9,000 SPECIAL EVENT SPONSORSHIP 34,000
    NEW HOPE FOR EASTERN OREGON ANIMALS
    PO BOX 675
    JOHN DAY,OR97845     		  PC GRANT COUNTY TRAP/NEUTER/RETURN PROJECT AND SPAY AND NEUTER ASSISTANCE FOR CATS 3,000
    NEWBERRY HABITAT FOR HUMANITY
    PO BOX 3364
    SUNRIVER,OR97707     		  PC VOLUNTEER RESOURCE MANAGEMENT 10,000
    NORTHWEST CATHOLIC COUNSELING CENTER
    8383 NE SANDY BLVD SUITE 205
    POTLAND,OR97220     		  PC MENTAL HEALTH CARE FOR LOWER-INCOME PEOPLE 20,000
    NORTHWEST MOTHERS MILK BANK
    417 SW 117TH AVE STE 105
    PORTLAND,OR97225     		  PC BEREAVEMENT PROJECT 10,000
    OLYMPIC PENINSULA HUMANE SOCIETY
    PO BOX 3124
    PORT ANGELES,WA98362     		  PC GENERAL OPERATING SUPPORT 10,000
    ON BELAY TY
    2608 NW ROBERT WAY
    BEND,OR97701     		  PC SCHOLARSHIPS 5,000
    OPEN SCHOOL
    7633 N WABASH AVE
    PORTLAND,OR97217     		  PC OPEN SCHOOL EAST CAPITAL CAMPAIGN 75,000
    OPPORTUNITY KNOCKS
    PO BOX 9073
    BEND,OR97708     		  PC OPPORTUNITY KNOCKS RESTRUCTURING PROJECT 2,500
    OREGON CHILDREN'S FOUNDATION
    101 SW MARKET STREET
    PORTLAND,OR97201     		  PC SMART EXPANSION 30,000
    OREGON CHILDREN'S THEATRE
    1939 NE SANDY BLVD
    PORTLAND,OR97232     		  PC INDIVIDUAL DONOR CHALLENGE INITIATIVE 25,000
    OREGON CLUB OF CENTRAL OREGON
    PO BOX 1461
    BEND,OR97709     		  PC SPECIAL EVENT SPONSORSHIP 3,600
    OREGON FOOD BANK
    PO BOX 55370
    PORTLAND,OR97238     		  PC SCHOOL PANTRY EXPANSION 75,000
    OREGON HEALTH AND SCIENCE UNIVERSITY FOUNDATION
    1121 SW SALMON STREET SUITE 200
    PORTLAND,OR97205     		  PC KNIGHT CANCER CHALLENGE 230,000
    OREGON HISTORICAL SOCIETY
    1200 SW PARK AVENUE
    PORTLAND,OR97205     		  PC CHINESE AMERICAN HISTORY EXHIBITS 10,000
    OREGON HUMANE SOCIETY
    1067 NE COLUMBIA BOULEVARD
    PORTLAND,OR97211     		  PC SPECIAL EVENT SPONSORSHIP 25,000
    OREGON HUMANITIES
    921 SW WASHINGTON STREET SUITE 150
    PORTLAND,OR97205     		  PC CAPACITY BUILDING PROJECT 20,000
    OREGON JUNIOR GOLF FUND INC
    16055 SW WALKER RD SUITE 190
    BEAVERTON,OR97006     		  PC SWING FORE JUNIORS FUNRAISER 25,000
    OREGON JUSTICE RESOURCE CENTER
    PO BOX 40588
    PORTLAND,OR97240     		  PC OREGON INNOCENCE PROJECT 500
    OREGON MENTORING INITIATIVE
    1221 SW YAMHILL ST STE 260
    PORTLAND,OR97205     		  PC BUILDING YOUTH DEVELOPMENT LEADERSHIP 25,000
    OREGON PARTNERSHIP
    5100 SW MACADAM AVENUE STE 400
    PORTLAND,OR97239     		  PC SPECIAL EVENT SPONSORSHIP 25,000
    OREGON STATE PARKS FOUNDATION
    888 SW FIFTH AVE STE 1600
    PORTLAND,OR97204     		  PC MEMBERSHIP/DONOR SUSTAINABLE FUNDING INITIATIVE 25,000
    OREGON STATE UNIVERSITY FOUNDATION
    850 SW 35TH STREET
    CORVALLIS,OR97333     		  PC GENERAL OPERATING SUPPORT 250,000
    OREGON ZOO
    4001 SW CANYON ROAD
    PORTLAND,OR97221     		  PC CHALLENGE MATCH 100,000
    PACIFIC NORTHWEST COLLEGE OF ART
    511 NW BROADWAY
    PORTLAND,OR97209     		  PC 2015 GALA MATCH 30,000
    PACIFIC RIVERS COUNCIL
    317 SW ALDER STREET SUITE 900
    PORTLAND,OR97204     		  PC EDUCATING AND ENGAGING CITIZENS THROUGH STORYTELLING 10,000
    PARTNERS FOR A HUNGER-FREE OREGON
    712 SE HAWTHORNE BLVD SUITE 202
    PORTLAND,OR97214     		  PC SUMMER FOOD PROGRAM FOR CHILDREN 10,000
    PEACEHEALTH SOUTHWEST MEDICAL CENTER FOUNDATION
    PO BOX 1600
    VANCOUVER,WA98668     		  PC PREGNANCY PROGRAM 25,000
    PENINSULA FRIENDS OF ANIMALS
    PO BOX 404
    SEQUIM,WA98382     		  PC GENERAL OPERATING SUPPORT 10,000
    PHAME
    1631 NW BROADWAY AVENUE SUITE 134
    PORTLAND,OR97232     		  PC CAPACITY BUILDING 5,000
    PLAYWRITE INC
    PO BOX 13420
    PORTLAND,OR97213     		  PC DEVELOPING BOARD CAPACITY 25,000
    PORT ARANSAS MUSEUM AND BOAT WORKS
    PO BOX 677
    PORT ARANSAS,TX78373     		  PC GENERAL OPERATING FUNDS 5,000
    PORTLAND 5 CENTERS FOR THE ARTS FOUNDATION
    1111 SW BROADWAY
    PORTLAND,OR97205     		  PC PORTLAND 5 EDUCATION OUTREACH PROGRAM 5,000
    PORTLAND CHILDREN'S MUSEUM
    4015 SW CANYON ROAD
    PORTLAND,OR97221     		  PC CHALLENGE MATCH 50,000
    PORTLAND COMMUNITY COLLEGE FOUNDATION
    PO BOX 19000
    PORTLAND,OR972800990     		  PC CHAMPIONS FOR THE FUTURE CHALLENGE MATCH 25,000
    PORTLAND JAPANESE GARDEN
    PO BOX 3847
    PORTLAND,OR97208     		  PC CULTURAL CROSSING AT THE PORTLAND JAPANESE GARDEN 25,000
    PORTLAND OPERA
    211 SE CARUTHERS
    PORTLAND,OR97214     		  PC FRESH ARIA - THE CAMPAIGN FOR PORTLAND'S OPERA 40,000
    PORTLAND PIANO INTERNATIONAL
    222 NW DAVIS STREET STE 405
    PORTLAND,OR97209     		  PC CHALLENGE MATCH 10,000
    PORTLAND STATE UNIVERSITY JUDAIC STUDIES DEPARTMENT
    PO BOX 751
    PORTLAND,OR972070751     		  PC SCHOLARSHIPS 150,000
    PORTLAND SUMMERFEST
    888 SW 5TH AVENUE SUITE 800
    PORTLAND,OR97204     		  PC OPERA IN THE PARK 2016 3,000
    PORTLAND YOUTH PHILHARMONIC ASSOCIATION
    9320 SW BARBUR BLVD SUITE 140
    PORTLAND,OR97219     		  PC BRIDGE TO THE FUTURE 20,000
    PREPARE THE WAY
    PO BOX 2557
    GLENDALE,AZ85311     		  PC CHRISTIAN YOUTH SUMMIT 15,000
    PROJECT ACCESS NOW
    PO BOX 10953
    PORTLAND,OR97296     		  PC $50,000 ROCKWOOD PATHWAYS PROJECT, $5,000 SPRING FUNDRAISING EVENT 55,000
    QUEST CENTER FOR INTEGRATIVE HEALTH
    2901 E BURNSIDE ST
    PORTLAND,OR97214     		  PC CAPACITY BUILDING PROJECT 22,000
    RAPHAEL HOUSE OF PORTLAND
    4110 SE HAWTHORNE BLVD 503
    PORTLAND,OR97214     		  PC $50,000 CHALLENGE MATCH 50,000
    READING RESULTS
    3115 NE SANDY BLVD STE 229
    PORTLAND,OR97232     		  PC EARLY-GRADE LITERACY TRAINING 25,000
    RIDE CONNECTION INC
    9955 NE GLISAN STREET
    PORTLAND,OR97220     		  PC GOING PLACES CAMPAIGN 40,000
    RONALD MCDONALD HOUSE CHARITIES
    2620 N COMMERCIAL
    PORTLAND,OR97227     		  PC EAST HOUSE RENOVATION 20,000
    ROSE HAVEN
    PO BOX 11620
    PORTLAND,OR97211     		  PC SPECIAL EVENT SPONSORSHIP 55,000
    SAINT JOHN SOCIETY
    PO BOX 1004
    CORVALLIS,OR97339     		  PC FUNDRAISING EVENT 3,000
    SCHOOL FOUNDATION INC
    PO BOX 6566
    BEND,OR97708     		  PC DIGITAL CONVERSION PROJECT & PERSEVERANCE AWARDS 75,000
    SEQUIM FAMILY ADVOCATES
    PO BOX 2065
    SEQUIM,WA98382     		  PC PICKEL BALL COURTS 10,000
    SERENITY HOMES OF OREGON
    7327 SW BARNES ROAD
    PORTLAND,OR97225     		  PC GENERAL OPERATING SUPPORT 12,000
    SHEPHERD'S HOUSE
    PO BOX 5484
    BEND,OR97701     		  PC NEW BUNK BEDS 32,386
    SISTERS FOLK FESTIVAL
    PO BOX 3500 PMB 304
    SISTERS,OR97759     		  PC 2015 ARTIST SPONSOR 6,000
    SISTERS SCHOOLS FOUNDATION
    PO BOX 2155
    SISTERS,OR97759     		  PC ALTERNATIVE SCHOOL 50,000
    SOLVE
    2000 SW 1ST AVENUE SUITE 400
    PORTLAND,OR97201     		  PC GROWING SOLVE'S STATEWIDE PRESENCE 25,000
    SPOON FOUNDATION
    135 SE MAIN STREET SUITE 201
    PORTLAND,OR97214     		  PC $50,000 SCALING SPOON'S CAPACITY AND IMPACT & $2,500 GENERAL OPERATING SUPPORT 52,500
    ST ALEXANDER CHURCH
    PO BOX 644
    CORNELIUS,OR97113     		  PC CAPITAL CAMPAIGN 45,000
    ST ANDREW NATIVITY SCHOOL
    4925 NE 9TH AVENUE
    PORTLAND,OR97211     		  PC STUDENT SPONSORSHIP CHALLENGE GRANT & SCHOLARSHIP IN MEMORY OF RHONI WISWALL 30,000
    ST CHARLES FOUNDATION
    2500 NE NEFF ROAD
    BEND,OR97701     		  PC $50,000 ST. CHARLES PATIENT NAVIGATOR PROGRAM, $125,000 ST. CHARLES CANCER CENTER EXPANSION, $2,500 GALA SUPPORT 180,000
    ST ELIZABETH ANN SETON CATHOLIC SCHOOL
    2016 WILLIS LANE
    KELLER,TX76248     		  PC $11,958 TUITION ASSISTANCE, $16,095 SPORTS UNIFORMS, $3,000 2015 ANNUAL GALA 31,053
    ST FRANCIS OF ASSISI
    47-225 WASHINGTON STREET
    LA QUINTA,CA92253     		  PC GENERAL OPERATING SUPPORT 9,000
    ST JAMES CATHOLIC CHURCH
    218 W 12TH STREET
    VANCOUVER,WA98660     		  PC $9,000 CHURCH SUPPORT, $2,500 2016 ANNUAL CATHOLIC APPEAL 11,500
    ST MARY'S HOME FOR BOYS
    16535 SW TUALATIN VALLEY HWY
    BEAVERTON,OR97006     		  PC ANNUAL MENDING HEARTS LUNCHEON 25,000
    ST MICHAEL THE ARCHANGEL CATHOLIC CHURCH
    424 SW MILL STREET
    PORTLAND,OR97201     		  PC SACK LUNCH AND EMERGENCY PANTRY 18,000
    ST VINCENT MEDICAL FOUNDATION
    9205 SW BARNES ROAD
    PORTLAND,OR97225     		  PC LIVER CANCER AND HEPATITIS B SCREENING IN HIGH RISK PATIENTS AND IMMIGRANTS FROM ASIA AND AFRICA 39,320
    STORE TO DOOR
    7730 SW 31ST AVE
    PORTLAND,OR97219     		  PC VOLUNTEER & OUTREACH MANAGER 10,000
    STS PETER AND PAUL CATHOLIC CHURCH
    800 KAHEKA STREET
    HONOLULU,HI96814     		  PC GENERAL OPERATING SUPPORT 1,250
    TECH ALLIANCE OF CENTRAL OREGON
    141 NW GREENWOOD AVE STE 100
    BEND,OR97701     		  PC CLUSTER DEVELOPMENT 10,000
    THE BLOOM PROJECT
    70 SW CENTURY DRIVE SUITE 100-256
    BEND,OR97701     		  PC GENERAL OPERATING SUPPORT 25,000
    THE SALVATION ARMY
    180 E OCEAN BLVD 9TH FL LEGAL
    DEPARTMENT
    LONG BEACH,CA90802     		  PC SALVATION ARMY EMERGENCY SHELTER EXTENSION 80,000
    TRANSITIONAL YOUTH
    14945 SW SEQUOIA PKWY STE 150
    PORTLAND,OR97224     		  PC CHALLENGE MATCH 10,000
    TRILLIUM FAMILY SERVICES
    3415 SE POWELL BOULEVARD
    PORTLAND,OR97202     		  PC CAPITAL CAMPAIGN 50,000
    TROUT UNLIMITED NATIONAL OFFICE
    1777 NORTH KEN STREET SUITE 100
    ARLINGTON,VA22209     		  PC PROGRAM EXPANSION 14,000
    UNITED WAY OF DESCHUTES COUNTY
    PO BOX 5969
    BEND,OR97708     		  PC SPONSORSHIP 1,000
    UNIVERSITY OF OREGON FOUNDATION
    360 E 10TH AVENUE
    EUGENE,OR97401     		  PC ATHLETIC AND ACADEMIC SCHOLARSHIPS & ATHLETIC SUPPORT FOR MEN'S AND WOMEN'S GOLF PROGRAM 20,825
    UPPER DESCHUTES RIVER COALITION
    PO BOX 3042
    SUNRIVER,OR97707     		  PC UPPER DESCHUTES RIVER COALITIION AND THE US FOREST SERVICE FIVE YEAR FUELS REDUCTION PROJECT 5,000
    VALLEY CATHOLIC HIGH SCHOOL
    4440 SW 148TH AVENUE
    BEAVERTON,OR97007     		  PC FINANCIAL AID 20,000
    VICTORY ACADEMY
    PO BOX 428
    TUALATIN,OR97062     		  PC GENERAL OPERATING SUPPORT 5,000
    VOLUNTEER HOSPICE OF CLALLAM COUNTY
    540 E 8TH STEET
    PORT ANGELES,WA98362     		  PC COMPUTER REPLACEMENT PROJECT 8,000
    VOLUNTEERS IN MEDICINE
    2300 NE NEFF ROAD
    BEND,OR97701     		  PC 2015-2016 VIM PATIENT SPONSORSHIP 33,975
    VOLUNTEERS OF AMERICA OREGON
    3910 SE STARK STREET
    PORTLAND,OR97214     		  PC CHALLENGE MATCH 25,000
    WELFARE FOR ANIMALS GUILD
    PO BOX 3966
    SEQUIM,WA98382     		  PC GENERAL OPERATING SUPPORT 10,000
    WILLAMETTE VALLEY CANCER FOUNDATION
    2700 SE STRATUS AVENUE SUITE A
    MCMINNVILLE,OR97128     		  PC BUILDING A SUSTAINABLE DREAM 15,000
    WILLIAM TEMPLE HOUSE
    2023 NW HOYT STREET
    PORTLAND,OR97209     		  PC EMERGENCY SOCIAL SERVICES 50,000
    YMCA OF COLUMBIA-WILLAMETTE
    9500 SW BARBUR BLVD STE 200
    PORTLAND,OR97219     		  PC CHALLENGE MATCH 15,000
    YOUNG AUDIENCES OF OREGON AND SW WASHINGTON
    1220 SW MORRISON STREET SUITE 1000
    PORTLAND,OR97205     		  PC GROWING THE DONOR BASE TO SUPPORT IN-SCHOOL PROGRAMMING & 2015 GENERAL OPERATING SUPPORT 37,500
    YOUNG MUSICIANS AND ARTISTS
    PO BOX 10713
    PORTLAND,OR97296     		  PC CUTURAL DIVERSITY 20,800
    YOUNITY
    20291 POE SHOLES DRIVE
    BEND,OR97701     		  PC BULLY-PREVENTION PROGRAMS FOR CENTRAL OREGON YOUTH - "INSPIRATION DAYS" 5,000
    YWCA OF GREATER PORTLAND
    1111 SW 10TH AVENUE
    PORTLAND,OR97205     		  PC CHALLENGE MATCH 50,000
    Total .................................bullet 3a 6,311,794
    bApproved for future payment
    BEND SCIENCE STATION
    1027 NW TRENTON AVENUE
    BEND,OR97701     		  PC BUILDING THE FUTURE OF SCIENCE EDUCATION IN CENTRAL OREGON 100,000
    BLACK PARENT INITIATIVE
    2811 NE HOLMAN STREET
    PORTLAND,OR97211     		  PC BPI ORGANIZATIONAL GROWTH AND TECHNOLOGY DEVELOPMENT INITIATIVE 80,000
    CAMPS FOR KIDS
    805 SW BROADWAY STE 1900
    PORTLAND,OR97205     		  PC SCHOLARSHIPS 20,000
    CHILDREN'S INSTITUTE
    1221 SW YAMHILL STREET SUITE 260
    PORTLAND,OR97205     		  PC INCREASING HEALTH AND EDUCATION OUTCOMES FOR OREGON'S CHILDREN 50,000
    CLAY STREET TABLE
    1432 SW 13TH AVENUE
    PORTLAND,OR97201     		  PC GENERAL OPERATING SUPPORT 20,000
    COMMUNITY WAREHOUSE
    3969 NE MARTIN LUTHER KING JR BLVD
    PORTLAND,OR97212     		  PC COMMUNITY RESPONSE PROJECT 20,000
    CONCORDIA UNIVERSITY FOUNDATION
    2811 NE HOLMAN STREET
    PORTLAND,OR97211     		  PC 3 TO PHD 200,000
    CONFLUENCE
    1109 E 5TH STREET
    VANCOUVER,WA98661     		  PC CELILO PARK PROJECT 250,000
    DE PAUL TREATMENT CENTER
    PO BOX 3007
    PORTLAND,OR97208     		  PC GENERAL OPERATING SUPPORT 75,000
    FAUSTINA ACADEMY
    1621 W GRAUWYLER RD
    IRVING,TX75061     		  PC CAPITAL CAMPAIGN 60,000
    FRIENDS OF ZENGER FARMS
    11741 SE FOSTER RD
    PORTLAND,OR97266     		  PC ZENGER FARM COMMUNITY KITCHEN 10,000
    GIRL SCOUTS OF OREGON AND SOUTHWEST WASHINGTON INC
    9620 SW BARBUR BLVD
    PORTLAND,OR97219     		  PC GIRL SCOUTS BEYOND BARS 30,500
    HOLY CROSS CATHOLIC SCHOOL
    5202 N BOWDOIN
    PORTLAND,OR97203     		  PC TUITION ASSISTANCE 80,000
    LA PINE COMMUNITY HEALTH CENTER
    PO BOX 3300
    LA PINE,OR97739     		  PC TRANSPORTATION FUND FOR THE LOW INCOME AND UNDER INSURED 20,000
    MEALS ON WHEELS PEOPLE
    7710 SW 31ST AVENUE
    PORTLAND,OR97219     		  PC CENTRAL KITCHEN EQUIPMENT FUND 35,000
    OPEN SCHOOL
    7633 N WABASH AVE
    PORTLAND,OR97217     		  PC OPEN SCHOOL EAST CAPITAL CAMPAIGN 75,000
    OREGON FOOD BANK
    PO BOX 55370
    PORTLAND,OR97238     		  PC SCHOOL PANTRY EXPANSION 75,000
    OREGON HEALTH AND SCIENCE UNIVERSITY FOUNDATION
    1121 SW SALMON STREET SUITE 200
    PORTLAND,OR97205     		  PC PARTNERSHIP FOR SCIENCE INQUIRY COURSE 30,000
    PONGO FUND
    PO BOX 9000
    PORTLAND,OR97207     		  PC PET FOOD BANK 50,000
    PORTLAND 5 CENTERS FOR THE ARTS FOUNDATION
    1111 SW BROADWAY
    PORTLAND,OR97205     		  PC PORTLAND 5 EDUCATION OUTREACH PROGRAM 5,000
    PORTLAND JAPANESE GARDEN
    PO BOX 3847
    PORTLAND,OR97208     		  PC CULTURAL CROSSING AT THE PORTLAND JAPANESE GARDEN 50,000
    PORTLAND OPERA
    211 SE CARUTHERS
    PORTLAND,OR97214     		  PC FRESH ARIA - THE CAMPAIGN FOR PORTLAND'S OPERA 320,000
    PROJECT ACCESS NOW
    PO BOX 10953
    PORTLAND,OR97296     		  PC ROCKWOOD PATHWAYS PROJECT 25,000
    SISTERS SCHOOLS FOUNDATION
    PO BOX 2155
    SISTERS,OR97759     		  PC ALTERNATIVE SCHOOL 100,000
    SPECIAL OLYMPICS OF OREGON
    5901 SW MACADAM AVENUE SUITE 200
    PORTLAND,OR97239     		  PC PROJECT UNIFY 40,000
    ST MICHAEL THE ARCHANGEL CATHOLIC CHURCH
    424 SW MILL STREET
    PORTLAND,OR97201     		  PC SACK LUNCH AND EMERGENCY PANTRY 18,000
    THE SALVATION ARMY A CALIFORNIA CORP
    PO BOX 10027
    PORTLAND,OR97210     		  PC FEEDING MARION-POLK COUNTIES PROGRAM 75,000
    TRILLIUM FAMILY SERVICES
    3415 SE POWELL BOULEVARD
    PORTLAND,OR97202     		  PC CAPITAL CAMPAIGN 50,000
    VICTORY ACADEMY
    PO BOX 428
    TUALATIN,OR97062     		  PC CAPITAL CAMPAIGN TO BUILD A NEW SCHOOL 150,000
    Total .................................bullet 3b 2,113,500
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 258  
    4 Dividends and interest from securities....     14 3,019,691  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 173,781  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aMISCELLANEOUS     		    01 14,190  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 3,207,920 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    133,207,920
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    MAYBELLE CLARK MACDONALD FUND
    EIN:
    23-7108002
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GARY MCGEE AND CO. LLP 13,935 0   13,935

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    MAYBELLE CLARK MACDONALD FUND
    EIN:
    23-7108002
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ACTAVIS FUNDINGS SCS 530,973 541,611
    ANHEUSER-BUSCH INBEV FIN 240,990 241,551
    APPLE INC. 0 0
    AT&T INC. 0 0
    BAXTER INTERNATIONAL NOTES 0 0
    BEAR STEARNS COS INC. 0 0
    BMW BANK OF NORTH AMERICA 11/29/2018 2.00% 0 0
    CREDIT SUISSE FLT RT HI IN I 0 0
    FHLB 12/08/2017 2.125% 0 0
    FHLB 12/11/2020 3.125% 0 0
    FNMA 12/15/2016 4.875% 0 0
    GOLDMAN SACHS BANK USA 1/21/2022 2.50% 0 0
    GOLDMANN SACHS GROUP INC 491,183 507,328
    INTERNATIONAL BUSINESS MACHINES 0 0
    MCDONALDS COORP MED. TERM 0 0
    ORACLE CORP 553,230 558,774
    PIMCO EMERGIN LOCAL BOND INSTL 0 0
    PIMCO EMRG MARKETS BOND INSTL 0 0
    STATE STREET CORP STT 495,116 501,051
    SYNCHRONY BANK 1/17/2019 1.90% 0 0
    US BANCORP 364,898 380,504
    VANGUARD SHORT-TERM BOND ETF 0 0
    WELLS FARGO & COMPANY 350,106 358,661

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    MAYBELLE CLARK MACDONALD FUND
    EIN:
    23-7108002
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M COMPANY (MMM) 424,409 956,155
    ABBOTT LABS COM. 0 0
    ABBVIE INC. COM. 0 0
    ACCENTURE PLC IRELAND SHS CLASS A 0 0
    ACI WORLDWIDE, INC. (ACIW) 121,213 114,719
    ACTUANT CORP CL A NEW (ATU) 77,556 70,973
    ADTRAN, INC. (ADTN) 31,715 29,504
    ADVANCED ENERGY IND INC (AEIS) 24,632 26,952
    AES CORP (AES) 67,249 74,506
    AETHA INC (AET) 176,071 674,768
    AFFILIATED MGRS GROUP, INC. (AMG) 38,147 32,518
    AG MTN INV TR INC COM (MITT) 15,613 17,371
    AGCO CORP 0 0
    AGIOS PHARMACUTICALS INC COM (AGIO) 7,350 6,829
    AIA GROUP LTD SPON ADR (AAGIY) 285,488 285,002
    AIA GROUP LTD-SP ADR 0 0
    AIR LIQUIDE ADR (AIQUY) 206,700 180,858
    AIR PROD & CHEMICALS 162,362 440,324
    AKBANK T.A.S. ADR 0 0
    AKORN INC (AKRX) 46,602 53,238
    AKZO NOBEL NV ADR (AKZOY) 276,736 258,708
    ALEXANDER & BALDWIN INC (ALEX) 22,724 22,985
    ALFA LAVAL AB-UNSPONS ADR (ALFVY) 78,357 77,986
    ALIGN TECHNOLOGY (ALGN) 63,822 70,159
    ALLEGHANY CORP DEL (Y) 218,143 294,025
    ALLEGHENY TECH 0 0
    ALLIANZ SE ADS (AZSEY) 239,646 207,821
    ALLIANZ SE SPONS ADR 0 0
    ALLSCRIPTS HEALTHCARE SOLU INC (MDRX) 40,482 37,719
    ALLSTATE CORP (ALL) 60,301 62,745
    ALLSTATE CORPORATION (ALL) 148,295 388,223
    ALLY FINANCIAL INC (ALLY) 44,616 45,338
    AMBEV SA ADR 0 0
    AMDOCS LIMITED (DOX) 182,280 282,020
    AMERICAN EAGLE OUTFITTERS NEW (AEO) 18,282 17,666
    AMERICAN EXPRESS CO (AXP) 274,574 295,294
    AMERICAN HOMES 4 RENT (AMH) 22,894 26,583
    AMGEN INCORPORATED (AMGN) 255,523 456,450
    ANHEUSER BUSCH INBEV SA SPON (BUD) 151,562 167,102
    ANHEUSER-BUSCH INVEV SPONS ADR 0 0
    ANTHEM INC COM (ANTM) 25,925 24,955
    AON PLC SHS CL-A (AON) 48,791 50,792
    APOLLO COML REAL EST FIN INC (ARI) 39,984 40,191
    APOLLO INVESTMENT CORP (AINV) 31,115 30,143
    APPLE INC (AAPL) 63,653 65,964
    APPLE INC (AAPL) 471,368 925,599
    APPLIED IND TECH INC (AIT) 31,197 32,320
    AQR MANAGED FUTURES STRATEGY I (AQMIX) 1,875,974 1,895,759
    ARCHER-DANIELS-MIDLN 0 0
    ARCHER-DANIELS-MIDLN (ADM) 175,491 297,013
    ARM HOLDINGS PLC ADS (ARMH) 236,468 237,790
    ARM HOLDINGS PLC-SPONSORED ADR 0 0
    ARMSTRONG FLOORING INC (AFI) 7,832 9,611
    ARMSTRONG WORLD INDS INC (AWI) 23,566 22,081
    ARTISAN PARTNERS ASSET MGMT (APAM) 37,086 33,133
    ARYZTA AG ZUERICH (ARZTY) 72,720 66,269
    ASSURED GUARANTY LTD (AGO) 16,513 16,364
    ASTRA INTERNATIONAL ADR 0 0
    ASTRAZENECA PLC (ADR) 436,843 442,585
    AT&T INC (T) 260,010 324,075
    AT&T INC. COM. 0 0
    ATLAS COPCO AB SPONS ADR 0 0
    ATLAS COPCO AS A ADR A NEW (ATLKY) 123,854 113,934
    AUTOLIV INC (ALV) 56,715 53,188
    AUTOMATIC DATA PROCESSING IN. COM. (ADP) 142,899 413,415
    AVIVA PLC ADR (AV) 225,869 188,657
    AVNET INC (AVT) 326,633 309,699
    B W X TECHNOLIGIES (BWXT) 153,259 279,185
    BABCOCK & WILCOX 0 0
    BAIDU INC ADS (BIDU) 445,659 410,398
    BAIDU INC SPONS ADR 0 0
    BALFOUR BEATTY PLC SPON ADR (BAFYY) 50,582 40,006
    BANCO BILBAO VIZ ARG SDA ADS (BBVA) 107,485 68,823
    BANCO BILBAO VIZCAYA ARGENTARIA SA 0 0
    BANCO DO BRASIL SPONS ADR 0 0
    BANCO MACRO SA ADR 0 0
    BANCORP INC (TBBK) 7,200 8,332
    BANK OF AMERICA (BAC) 157,588 149,088
    BANK OF THE OZARKS INC (OZRK) 40,341 33,768
    BARCLAYS PLC ADR (BCS) 190,757 165,232
    BARRICK GOLD CORP (ABX) 44,577 52,115
    BAXTER INTL INC. COM. 0 0
    BAYER AG SPON ADR (BAYRY) 240,947 221,933
    BAYERISCHE MOTOREN WERKE AG (BAMXY) 164,473 112,418
    BAYERISCHE MOTOREN WERKE UNSPONS ADR 0 0
    BB SEGURIDADE PARTI ADR 0 0
    BBA AVIATION PLC ADR (BBAVY) 37,433 38,405
    BBCN BANCORP INC COM (BBCN) 76,466 75,077
    BE AEROSPACE INC (BEAV) 115,758 114,514
    BECTON DICKINSON & CO (BDX) 381,567 1,103,183
    BED BATH & BEYOND (BBBY) 455,664 297,613
    BERKSHIRE HATHAWAY CL-B NEW (BRK'B) 294,939 298,991
    BERKSHIRE HATHAWAY INC. DEL CL B 0 0
    BEST BUY CO (BBY) 22,292 21,971
    BG GROUP 0 0
    BG GROUP PLC SPON ADR 0 0
    BIDVEST GROUP LTD SPONS ADR 0 0
    BLACKROCK BATS: SERIES C PTF (BRACX) 2,644,734 2,703,868
    BLACKROCK BATS: SERIES M PTF (BRACX) 2,703,474 2,719,068
    BLACKROCK GLOBAL L/S CREDIT I (BGCIX) 4,651,497 4,700,291
    BLACKROCK INC 122,123 221,274
    BLACKSTONE GROUP LP (BX) 302,921 275,830
    BNP PARIBAS SP ADR REPSTG (BNPQY) 170,804 154,221
    BORG WARNER INCO (BWA) 302,897 256,529
    BRIDGEWAY OMNI SMALL CAP VALUE SUBTOTAL 0 0
    BRINKER INTL INC (EAT) 42,352 42,115
    BRINK'S COMPANY COM (BCO) 23,547 19,943
    BRITISH AMER TOB SPON ADR (BTI) 259,834 286,798
    BROADRIDGE FIN SOLU, LLC (BR) 102,249 112,796
    BROADSOFT INC COM (BSFT) 47,176 46,364
    BROCADE COMMUN SYSTEMS INC (BRCD) 14,971 17,424
    BUNGE LIMITED 0 0
    BUNGE LIMITED (BG) 314,980 269,724
    BUNGE LTD (BG) 162,237 134,330
    BURLINGTON STORES INC (BURL) 62,718 73,581
    CABOT CORP (CBT) 40,138 37,898
    CAIXABANK UNSPON ADR (CAIXY) 104,532 75,699
    CANADIAN NATIONAL RAILWAY CO 0 0
    CANADIAN NATL RAILWAY CO (CNI) 175,373 162,356
    CANADIAN NATURAL RESOURCES LTD (CNQ) 60,384 64,188
    CAPITAL ONE FINANCIAL GROUP (COF) 47,609 43,822
    CARDTRONICS INC (CATM) 31,702 34,874
    CARNIVAL PLC (CUK) 161,769 133,653
    CARTER'S (CRI) 55,903 57,494
    CBRE GROUP INC (CBG) 77,544 69,854
    CBS CORP NEW CL B SHRS (CBS) 99,436 99,897
    CDK GLOBAL INC. COM. 0 0
    CEB INC COM (CEB) 8,471 8,635
    CELANESE CORP SERIES A COM STK (CE) 53,644 52,622
    CENTENE CORPORATION (CNC) 57,297 66,731
    CENTER COAST MLP FOCUS I (CCCNX) 1,731,561 2,027,030
    CHATHAM LODGING TRUST COM (CLDT) 46,343 49,213
    CHENIERE ENERGY INC NEW (LNG) 39,248 39,240
    CHEVRON CORPORATON (CVX) 233,681 220,143
    CHINA CONSTR BK CORP UNSPONS ADR 0 0
    CHINA LODGING CRP LTD SPON ADR (HTHT) 16,087 16,029
    CHINA MOBILE (CHL) 202,763 209,309
    CHINA MOBILE LIMITED SPONS ADR 0 0
    CHINA SHENHUA UNSPONS ADR 0 0
    CHUBB CORP. 0 0
    CHUBB LTD (CB) 98,766 103,522
    CIELO SA SPONSORED ADR 0 0
    CIGNA CORPORATION COM (CI) 67,290 66,939
    CITIGROUP INC NEW ( C) 127,865 123,355
    CIVEO CORP CDA COM (CVEO) 8,035 12,181
    CLAIRIANT AG MUTTENZ UNSPON ADR (CLZNY) 64,126 59,666
    CLEAN HARBORS (CLH) 64,343 67,691
    CLICKS GROUP LTD ADR 0 0
    CNO FINL GROUP INC COM (CNO) 54,773 52,956
    CNOOC LTD ADR 0 0
    CNOOC LTD ADS (CEO) 148,214 155,202
    COCA-COLA CO. COM. 0 0
    COGNIZANT TECH SOLU 0 0
    COGNIZANT TECHNOLOGY SOLUTIO CL A 0 0
    COLGATE PALMOLIVE CO. COM. (CL) 192,295 553,392
    COLONY CAP INC COM (CLNY) 86,730 80,357
    COLONY STARWOOD (STR) 7,931 9,734
    COLOPLAST AS ADR (CLPBY) 79,810 77,679
    COLUMBIA SPORTSWEAR CO (COLM) 39,601 37,919
    COMCAST CORP (NEW) CLASS A (CMCSA) 52,599 55,281
    COMMERICAL INTL BK ADR 0 0
    COMMERICAL METALS CO (CMC) 52,858 52,644
    COMPAGNIE FIN RICHEMONTAG ADR (CFRUY) 125,278 113,295
    COMPANHIA ENERGETICA DE MINAS GERAIS 0 0
    COMPUTER PROGRAMS & SYSTEM INC (CPSI) 16,589 12,455
    COMPUTER SCIENCES CP (CSC) 64,893 82,916
    CONOCOPHILLIPS (CVX) 144,610 111,180
    CONSTELLATION BRANDS, INC CL A (STZ) 199,850 231,560
    CONVERGY'S CORPORATION (CVG) 63,083 58,675
    COPART INC (CPRT) 41,847 49,745
    CORE LABORATORIES N V (CLB) 22,838 26,389
    CORNING INC (GLW) 131,379 212,173
    CRH PLC ADR (CRH) 42,354 42,152
    CROWN HLDGS INC (HOLDING CO) (CCK) 34,030 31,415
    CSL LTD (CSLLY) 127,249 147,407
    CSX CORP (CSX) 234,165 197,556
    CVS HEALTH CORP (CVS) 320,771 723,794
    CVS HEALTH CORP COM (CVS) 45,462 41,551
    D R HORTON INC (DHI) 39,746 42,183
    DANAHER CORP. DEL. COM. 0 0
    DASSAULT SYS SA SPONS ADR 0 0
    DASSAULT SYSTEMS SA ADS (DASTY) 286,995 295,977
    DAVE & BUSTERS ENTMT INC COM (PLAY) 31,607 37,900
    DBS GROUP HLDGS LTD SPONSD ADR 0 0
    DBS GROUP HOLDINGS LTD SP (DBSDY) 157,145 138,051
    DELTA AIR LINES INC NEW (DAL) 76,053 66,303
    DEVON ENERGY CORP. 0 0
    DEVRY EDUCATION GRP 0 0
    DEXCOM INC (DXCM) 57,716 65,923
    DFA COMMODITY STRATEGY PORTFOLIO SUBTOTAL 0 0
    DFA EMERGING MARKETS CORE EQUITY SUBTOTAL 0 0
    DFA FIVE-YEAR GLOBAL FIXED INCOME SUBTOTAL 0 0
    DFA INTERNATIONAL CORE EQUITY SUBTOTAL 0 0
    DFA INTERNATIONAL SMALL CAP VALUE SUBTOTAL 0 0
    DFA INTERNATIONAL VALUE PORTFOLIO SUBTOTAL 0 0
    DFA REAL ESTATE SECURITIES SUBTOTAL 0 0
    DFA US CORE EQUITY SUBTOTAL 0 0
    DFA US LARGE CAP VALUE PORTFOLIO SUBTOTAL 0 0
    DIAGEO PLC SPON ADR NEW (DEO) 149,536 155,774
    DIAMOND HILL (DHLSX) 2,748,407 2,698,441
    DIAMONDBACK ENERGY INC 108,120 118,573
    DISCOVER FINCL SVCS (DFS) 127,632 124,168
    DISCOVERY COMM INC (DISCK) 470,621 390,782
    DISNEY WALT CO. COM. DISNEY 0 0
    DOLBY CLA A COM STK (DLB) 94,976 104,792
    DOW CHEMICAL CO (DOW) 111,922 107,125
    DU PONT E I DE NEMOURS & CO. 0 0
    DUNKIN BRANDS GROUP INC (DNKN) 39,924 36,292
    DYCOM IND INC (DY) 12,469 17,234
    EAGLE MATLS INC (EXP) 30,296 33,175
    EAST JAPANN RY CO ADR (EJPRY) 204,206 218,468
    EATON VANCE INCOME FUND 0 0
    EBAY INC 59,960 59,578
    ECOLAB INC. COM. 0 0
    EL PASO ELECTRIC CO NEW (EE) 58,309 60,033
    EMC CORP MASS (EMC) 676,391 706,692
    EMERSON ELECTRIC CO (EMR) 180,874 199,512
    ENERGIZER HLDGS INC (ENR) 35,005 42,479
    ENGIE SPONS ADR (ENGIY) 166,145 175,716
    ENTEGRIS INC (ENTG) 39,535 42,817
    EOG RESOURCES INC (EOG) 105,064 109,364
    EPIQ SYSTEMS INC (EPIQ) 169,925 192,939
    EQT CORPORATION COM NEW (EQT) 48,899 51,878
    EQUIFAX INC (EFX) 200,156 243,960
    ESTEE LAUDER CO, INC CL A (EL) 138,778 598,001
    EXPRESS SCRIPTS HLDG (ESRX) 289,363 301,305
    EXPRESS SCRIPTS HLDG CO COM (ESRX) 74,858 78,150
    EXXON MOBIL CORP (XOM) 542,912 975,365
    F5 NETWORKS INC (FFIV) 59,118 65,116
    FANUC CORPORATION UNSP ADR (FANUY) 321,402 301,097
    FANUC LTD UNSPONS ADR 0 0
    FEDEX CORP. COM. 0 0
    FIFTH 3RD BANCORP OHIO (FITB) 37,348 37,572
    FIFTH STREET FINANCE CORP COM (FSC) 23,618 21,840
    FIRST HORIZON NATL CORP (FHN) 46,368 47,844
    FIRST INTST BANCSYST 0 0
    FIRST NIAGARA FNCL GP NEW (FNFG) 44,379 44,025
    FIRST REPUBLIC BANK (FRC) 75,201 78,669
    FISERV INC. COM. 0 0
    FLEXTRONICS INTL LTD (FLEX) 66,918 65,879
    FOOT LOCKER INC (FL) 90,014 78,176
    FORTINET INC (FTNT) 49,743 51,049
    FRANKLIN STREET PPTYS CORP (FSP) 55,409 63,620
    FRESENIUS MEDICAL CARE AG&CO (FMS) 133,451 140,513
    FUCHS PETROLUB AG UNSPON ADR (FUPBY) 91,810 85,741
    GARTNER INC (IT) 46,599 50,458
    GAZPROM SPON ADR 0 0
    GENERAL ELECTRIC CO (GE) 352,151 509,976
    GENL DYNAMICS CORP (GD) 113,289 108,746
    GENPACT LTD (G) 40,000 38,650
    GENWORTH FINANCIAL INC CL A (GNW) 8,242 7,766
    GILEAD SCIENCE (GILD) 82,940 84,087
    GILEAD SCIENCES INC. COM. (GILD) 136,738 617,308
    GLAXOSMITHKLINE PLC ADS (GSK) 128,128 134,137
    GLOBAL PAYMENT INC (GPN) 95,488 96,292
    GMO BENCHMARK FREE ALLOC 0 0
    GNC HOLDINGS, INC COM CL A (GNC) 62,653 51,859
    GOLDMAN SACHS GROUP INC. COM. 0 0
    GOOGLE INC. CL A 0 0
    GOOGLE INC. CL C 0 0
    GRAINGER W W INC. COM. 0 0
    GRIFOLS SA ADR (GRFS) 75,144 73,815
    GRUPO TELEVISA S.A. GLOBAL DEPT (TV) 75,917 73,172
    GUESS INC (GES) 16,571 13,816
    GUIDEWIRE SOFTWARE INC (GWRE) 24,194 27,113
    HAEMONETICS CORP (HAE) 47,121 38,992
    HAIN CELESTIAL GROUP INC (HAIN) 39,891 47,312
    HARLEY DAVIDSON (HOG) 298,280 332,049
    HARMONIC INC (HLIT) 8,074 6,980
    HARRIS CORPORATION DELWARE (HRS) 60,341 66,335
    HARSCO CORP (HSC) 6,078 7,105
    HAWAIIAN HLDGS INC (HA) 54,090 43,654
    HD SUPPLY HOLDINGS (HDS) 78,910 83,498
    HEWLETT PACKARD ENTERPRISE (HPE) 52,437 60,090
    HITACHI 10 COM NEW ADR (HTHIY) 190,549 174,552
    HOME DEPOT INC. COM. (HD) 73,603 344,763
    HONEYWELL INTERNATIONAL INC (HON) 66,142 66,884
    HONEYWELL INTL INC. COM. 0 0
    HONG KONG EXCHANGES UNSPONS ADR 0 0
    HORIZON PHARMA PLC SHS (HZNP) 27,307 27,340
    HOWARD HUGHES CORP (HHC) 247,399 345,818
    HOWARD HUGHES CORP. 0 0
    HUNTSMAN CORP (HUN) 21,844 21,076
    HYSTER-YALE MATLS HANDLING A (HY) 23,351 20,643
    IAC INTERACTIVECORP COM (IAC) 39,156 47,067
    IAC/INTERACTIVE CORP (IAC) 306,574 333,521
    IATAU UNIBANCO MULTIPLE ADR (ITUB) 89,361 105,945
    ICICI BK LTD SPONS ADR 0 0
    ICON PLC (ICLR) 57,251 52,928
    IDEXX LABS (IDXX) 39,800 46,337
    IMAX CORP (IMAX) 39,494 37,823
    IMPERIAL HOLDINGS SPONS ADR 0 0
    IMPERIAL OIL LTD 0 0
    INFINERA CORP (INFN) 47,608 35,047
    ING GROEP NV ADR (ING) 61,639 53,086
    INTEL CORP (INTC) 393,782 545,300
    INTEL CORP. 0 0
    INTERACTIVE BROKERS GROUP INC (IBKR) 31,553 28,532
    INTERNATIONAL BUSINESS MACHINES COM. 0 0
    INTERSIL HOLDINGS CP (ISIL) 47,769 49,110
    INVESCO PREMIER PORTFOLIO 0 0
    INVESTORS BANCORP INC NEW (ISBC) 141,154 135,431
    INVT TECHNOLOGY GP INC (ITG) 32,998 25,381
    IONIS PHARMACEUTICALS INC (IONS) 47,454 25,875
    ISHARES CORE MSCI 0 0
    ISHARES CORE MSCI (IEMG) 232,197 181,586
    ISHARES CORE MSCI EMERGING (IEMG) 3,640,739 3,680,080
    ISHARES CORE U.S. AGGREGATE (AGG) 11,088,548 11,285,149
    ISHARES RUSSELL 1000 GRW ETF (IWF) 3,696,401 3,693,750
    ISHARES RUSSELL 2000 (ETF) 287,895 392,082
    ISHARES TIPS BOND ETF (TIP) 3,743,282 3,806,592
    ISHARES TR RUSSELL 2000 ETF 0 0
    ITAU UNIBANCO HOLDING SPONS ADR 0 0
    JACOBS ENGINEERING GORUP INC (JEC) 37,510 37,308
    JANUS CAPITAL GROUP INC (JNS) 30,489 29,093
    JAPAN AIRLS LTD ADR (JAPSY) 138,240 121,170
    JAZZ PHARMACEUTICALS PLC (JAZZ) 53,461 54,122
    JGC CORP UNSPONSORED ADR (JGCCY) 103,253 75,082
    JOHNSON & JOHNSON (JNJ) 272,368 290,271
    JOHNSON CONTROLS INC (JCI) 248,221 398,340
    JPMORGAN CHASE & CO (JPM) 343,996 683,540
    JPMORGAN CHASE & CO (JPM) 248,244 250,486
    KAPSTONE PAPER AND PACKAGING (KS) 23,770 22,403
    KASIKOMBANK PCL UNSPONS ADR 0 0
    KB FINANCIAL GROUP INC SPONS ADR 0 0
    KBC GROUP NV UNSPONS ADR (KBCSY) 54,081 50,305
    KDDI CORP UNSPON ADR (KDDIY) 261,307 291,642
    KENNAMETAL INC (KMT) 46,383 45,281
    KEYCORP INC (KEY) 245,747 335,699
    KEYSIGHT TECH INC (KEYS) 209,174 253,374
    KIMBERLY-CLARK DE MEXICO S.A.B. ADR 0 0
    KLX INC COM (KLXI) 78,724 75,795
    KOC HOLDING AS UNSPONS ADR 0 0
    KOMATSU LTD SPON ADR NEW (KMTUY) 82,957 80,636
    KONE OYJ ADR (KNYJP) 74,463 75,965
    KONY OYJ B ADR 0 0
    KOPPERS HOLDINGS INC (KOP) 32,039 43,544
    KUBOTA CP ADR (KUBTY) 81,765 73,293
    L AIR LIQUIDE ADR 0 0
    L OREAL CO ADR (LRLCY) 202,019 214,021
    L-3 COMMUNICATIONS 0 0
    LABORATORY CP AMER HLDGS NEW (LH) 32,302 33,219
    LAUDER ESTEE COS INC. CL A 0 0
    LEAR CORP (LEA) 46,336 41,213
    LEUCADIA NATIONAL CO. 0 0
    LIBERTY GLOBAL PLC CL C NEW (LBTYK) 67,597 53,490
    LIBERTY GLOBAL PLC LILAC C (LILAK) 37,651 30,216
    LINDE AG SPONSORED ADR (LNEGY) 308,769 261,651
    LLOYDS BANKING GROUP PLC (LYG) 169,069 126,094
    LOCALIZA RENT A CAR ADR 0 0
    LOCKHEED MARTIN CORP (LMT) 68,149 69,239
    LOREAL CO ADR 0 0
    LVMH MOET HENNESSY LOUIS ADR 0 0
    LVMH MOET HENNESSY LOUIS VUITT (LVMUY) 91,677 78,368
    LYONDELLBASEBALL NV CL-A (LYB) 56,724 51,350
    MANHATTAN ASSO INC (MANH) 39,326 44,827
    MARATHON OIL CORP. 0 0
    MARATHON PETROLEUM CORP (MPC) 44,988 48,779
    MARKETAXESS HOLDINGS INC (MKTX) 31,858 36,786
    MARKS & SPENCER GRP PLC 83,095 58,464
    MASIMO CORPORATION (MASI) 20,538 25,207
    MATSON INC COM 67,062 58,929
    MATTHEWS ASIAN JAPAN (MJFOX) 5,356,267 5,742,046
    MC CORMICK AND CO NON VOTING (MKC) 250,147 672,021
    MC DONALDS CORP (MCK) 407,065 722,040
    MCCORMICK & CO. INC. COM. 0 0
    MCDONALDS CORP. 0 0
    MCKESSON CORP (MCK) 136,059 141,854
    MCKESSON CORPORATION 133,203 452,626
    MEDIDATA SOLUTIONS INC COM (MDSO) 38,496 46,120
    MEDIVATION INC (MDVN) 65,797 86,832
    MEDTRONIC PLC SHS 0 0
    MERCADOLIBRE INC (MELI) 76,193 88,481
    MERCK & CO INC (MRK) 404,662 523,675
    MERCK & CO INC NEW COM (MRK) 157,884 165,917
    MERCK & CO. 0 0
    METHANEX CORP (MEOH) 293,824 292,746
    METHANEX CORPORATION (MEOH) 36,656 36,113
    METLIFE INCORPORATED 37,619 34,612
    METROPOLITAN WEST TOTAL RETURN 0 0
    MICHAELS COS INC COM (MIK) 24,408 24,743
    MICROSOFT CORP (MSFT) 66,736 66,777
    MICRSOFT CORP (MSFT) 515,962 879,356
    MIDDLEBY CORP DEL (MIDD) 63,111 68,459
    MISTUBISHI ESTATE UNSPONS ADR 0 0
    MITSUBISHI EST ADR (MITEY) 77,294 67,179
    MOBILE TELESYSTEMS-SP ADR 0 0
    MOMENTA PHARM INC (MNTA) 23,641 26,136
    MONOTARO CO LTD UNSP ADR 0 0
    MONOTARTO CO LTD ADR (MONOY) 58,606 101,498
    MONSANTO CO (MON) 210,222 235,775
    MORGAN STANLEY (MS) 168,934 259,800
    MOSAIC CO (MOS) 231,692 237,453
    MRC GLOBAL INC COM (MRC) 31,201 33,663
    MTN GRP LTD SPONS ADR (MTNOY) 115,021 66,476
    MTS SYSTEMS CORP (MTSC) 46,272 35,510
    NASPERS LIMITED ADS (NPSNY) 166,300 183,957
    NAVIENT CORP COM (NAVI) 29,527 28,262
    NEDBANK GROU LTD SPONS ADR 0 0
    NESTLE SA SPONS ADR 0 0
    NESTLE SPON ADR REP REG SHR (NSRGY) 285,857 295,865
    NETEASE COM INC SPONS ADR 0 0
    NEWFIELD EXPL CO (NFX) 16,289 17,230
    NEWMONT MINING CORP (NEM) 240,922 409,978
    NIKE INC B (NKE) 121,082 655,776
    NIKON CORP ADR (NINOY) 83,422 74,684
    NOBLE ENERGY INC. 0 0
    NORDSON CP (NDSN) 46,531 51,420
    NORTHROP GRUMMAN CP (HLDG CO) (NOC) 158,139 500,130
    NORWEGIAN CRUISE LINE HLDS INC (NCLH) 63,985 46,692
    NOVARTIS ADR 0 0
    NOVARTIS AG ADR (NVS) 224,139 251,490
    NOVO-NORDISK A S SPONS ADR 0 0
    OCCIDENTAL PETROLEUM CORP DE (OXY) 143,985 142,128
    OIL CO LUKOIL SPONS ADR 0 0
    OLD DOMINION FREIGHT LINE (ODFL) 56,146 48,972
    OMNICOM GROUP (OMC) 37,696 36,589
    OPHITHOTECH CORP COM (OPHT) 31,094 34,802
    ORACLE CORP (ORCL) 96,557 98,846
    PACIFIC CONTINENTAL (PCBK) 117,601 204,230
    PARK24 CO LTD SPONSORED (PKCOY) 92,990 115,225
    PARKER HANNIFAN CORP. COM. 0 0
    PATTERSON - UTI ENERGY INC (PTEN) 6,986 8,528
    PBF ENERGY INC (PBF) 64,859 51,008
    PEBBLEBROOK HOTEL TR COM (PEB) 8,050 8,794
    PEOPLES UNITED FINL 0 0
    PEPSICO INC. COM. 0 0
    PERUSAHAAN PERSEROAN PERSERO ADR 0 0
    PFIZER INCORPORATED (PFE) 454,946 553,325
    PH GLATFELTER (GLT) 49,445 47,042
    PHARMERICA CORP COM (PMC) 7,600 8,508
    PHILIPPINE LONG DISTANCE 0 0
    PHILLIPS 66 0 0
    PHILLIPS 66 (PSX) 56,306 101,159
    PHILLIPS 66 COM (PSX) 127,542 129,642
    PIER ONE IMPORTS INC. 0 0
    PIMCO INFLATION RES M A INSTL 0 0
    PNC FINANCIAL SERVICES 0 0
    PNC FINANCIAL SRVCS (PNC) 192,597 250,274
    POSTNL N.V. SPON ADR (PNLYY) 55,767 53,407
    POTLATCH CORP NEW (PCH) 15,481 16,334
    POWER INTEGRATIONS INC (POWI) 38,457 39,505
    PPC LTD UNSPONS ADR 0 0
    PPG INDUSTRIES INC (PPG) 59,786 58,220
    PRAXAIR INC. COM. 0 0
    PRESTIGE BRANDS HOLDINGS INC (PBH) 39,674 38,503
    PRIVATE BANCORP INC DEL (PVTB) 43,972 51,515
    PROCTER & GAMBLE CO. COM. 0 0
    PROTO LABS (PRLB) 47,471 37,989
    PRUDENTIAL GLOBAL REAL ESTATE (PURZX) 1,853,673 1,899,848
    PRUDENTIAL PLC ADR (PUK) 132,288 126,857
    PT BANK MANDIRI UNSPONS ADR 0 0
    PT UTD TRACTORS UNSPONS ADR 0 0
    PTT EXPLORATION & PR-SP ADR 0 0
    PULTE GROUP INC (PHM) 69,735 74,159
    QUALCOMM INC (QCOM) 327,754 325,973
    QUP RESOURCES INC (QEP) 29,815 29,160
    RADIUS HEALTH INC (RDUS) 17,506 19,110
    RAYONIER INCORPORATED (RYN) 62,710 66,781
    RAYTHEON CO (NEW) (TRN) 130,706 133,911
    RAYTHEON CO. COM. NEW 0 0
    RAYTHEON COMPANY 0 0
    RAYTHEON COMPANY (RTN) 44,276 108,760
    RELX NV SPONSORED ADR (RENX) 199,378 196,298
    ROCHE HOLDINGS ADR (RHHBY) 542,786 553,066
    ROYAL DUTCH SHELL (ADR) 94,469 77,308
    ROYAL DUTCH SHELL PLC CL B (RDS'B) 420,672 493,360
    RYMAN HOSPITALITY PPTYS INC (RHP) 23,398 23,299
    SABRE CORPORATION (SABR) 72,867 67,377
    SALLY BEUTY HLDGS INC (SBH) 41,456 37,939
    SANDS CHINA LTD 0 0
    SANLAM LTD SPONS ADR 0 0
    SANOFI ADR (SNY) 236,602 239,382
    SAP AG (SAP) 324,991 349,218
    SAP AKTIENGESELLSCHAFT SPNS ADR 0 0
    SASOL LTD SPON ADR (SSL) 87,029 69,536
    SASOL LTD SPONSORED ADR 0 0
    SBERBANK SPONSOR ADR 0 0
    SCHEIDER ELEC SA UNSP ADR (SBGSY) 221,389 211,281
    SCHEIDER ELECT SA UNSP ADR FRANCE 0 0
    SCHLUMBERGER LTD (SLB) 192,311 181,330
    SCHLUMBERGER LTD (SLB) 243,964 456,292
    SCHLUMBERGER LTD. COM. 0 0
    SEALED AIR CP NEW (SEE) 30,077 28,915
    SEE PLC SPON ADR (SSEZY) 136,135 129,497
    SELECT COMFORT CORP (SCSS) 15,197 16,612
    SELECT SECTOR SPDR TR SBI INT-FINL 0 0
    SEMEN GESIK ADR 0 0
    SHINHAN FINANCIAL GROUP ADR 0 0
    SHIRE PLC SPONS ADR 0 0
    SHOPRITE HOLDINGS SPN ADR 0 0
    SIGNET JEWELERS LIMITED (SIG) 54,964 37,909
    SILGAN HLDGS INC (SLGN) 55,242 53,467
    SIX FLAGS ENTMT CORP NEW (SIX) 22,516 22,600
    SK TELECOM CO LTD (SKM) 174,560 184,222
    SKECHERS U S A INC CL A (SKX) 39,926 41,608
    SONOVA HLDG AG UNS ADR (SONVY) 93,829 87,420
    SONOVA HOLDING UNSPON ADR 0 0
    SOTHEBY'S CL A (BID) 15,484 15,919
    SOUTHWEST AIRLINES (LUV) 149,253 675,588
    SPDR BARCLAYS CAPITAL HIGH YIE (JNK) 4,585,816 4,790,062
    SPDR S&P 500 ETF TRUST (SPY) 6,471,601 6,566,832
    SPDR S&P MIDCAP 400 ETF 0 0
    SPLUNK INC (SPLK) 47,907 52,338
    ST JUDE MEDICAL INC (STJ) 37,849 39,078
    STANDARD BANK GROUP ADR 0 0
    STAPLES INC (SPLS) 160,139 119,775
    STARWOOD PROPERTY TURST INC (STWD) 23,334 26,004
    STATE STREET CORP (STT) 266,228 313,006
    STEEL DYNAMICS INC (STLD) 32,693 32,952
    STRYKER CORP. COM. 0 0
    SUMITOMO MITSUI FINL GROUP INC (SMFG) 165,344 159,159
    SUPERNUS PHARMACEUTICALS INC (SUPN) 30,317 37,562
    SVENSKA HANDELSB-A-UNSP ADR 0 0
    SYKES ENTERPRISES INC (SYKE) 40,525 39,501
    SYMRISE AG UNSPON ADR (SYIEY) 99,620 106,205
    SYSMEX CORP ADR 0 0
    SYSMEX CORP UNSPON ADR (SSMXY) 150,906 172,279
    TABLEAU SOFTWARE INC CL-A (DATA) 38,711 40,506
    TAIWAN SEMICONDUCTOR SPON ADR 0 0
    TAIWAN SMCNDCTR MFG CO LTD ADR (TSM) 319,874 347,731
    TARGET CORPORATION (TGT) 37,242 34,212
    TE CONNECTIVITY LTD (TEL) 220,819 321,529
    TE CONNECTIVITY LTD NEW (TEL) 74,086 71,959
    TE CONNECTIVITY LTD. 0 0
    TEMPLETON GLOBAL BOND FUND 0 0
    TENARIS A.A. (TS) 81,799 87,674
    TERADATA CORP. 0 0
    TEREX CP NEW DEL (TEX) 31,209 26,890
    TESORO PETROLEUM CP (TSO) 16,051 14,235
    TETRA TECHNOLOGIES INC DEL (TTI) 21,627 22,244
    TEXAS INSTURMENTS (TXN) 79,530 83,011
    TEXTRON INC (TXT) 37,379 36,194
    THERMO FISHER SCIENTIFIC INC. COM. 0 0
    TIDEWATER INC (TDW) 11,573 8,114
    TIME WARNER INC (TWX) 242,674 335,710
    TIME WARNER INC NEW (TWX) 74,383 74,790
    TIME WARNER INC. 0 0
    TOTAL S A SPON ADR (TOT) 248,721 263,828
    TOTAL SYSTEM SVCS (TSS) 62,213 68,034
    TRAVELERS COMPANIES (TRV) 201,816 482,112
    TRAVELERS COMPANIES INC COM (TRV) 30,178 32,022
    TRIMBLE NAVIGATION LTD (TRMB) 233,169 283,185
    TUPPERWARE BRANDS CORP (TUP) 31,647 30,673
    TURKCELL ILETISIM HIZMETLERISPON ADR 0 0
    TURKIYE GARANTI BANKASI A S (TKGBY) 101,018 79,333
    TURKIYE GARANTI BANKASI SPONS ADR 0 0
    TYSTON FOODS INC CL A (TSN) 53,031 51,695
    UBS GROUP AG SHS (UBS) 58,883 48,600
    UNICHARM CORP SPN ADR 0 0
    UNILEVER PLC 0 0
    UNILEVER PLC (NEW) ADS (UL) 132,113 140,328
    UNITED CONTINENTIAL HLDGS INC (UAL) 27,965 26,266
    UNITED PARCEL SER INC CL-B (UPS) 49,419 50,090
    UNITED TECHNOLOGIES (UTX) 155,571 501,469
    UNITED TECHNOLOGIES COPR (UTX) 88,976 92,295
    UNITED TECHNOLOGIES CORP. COM. 0 0
    UNITED THERAPEUTICS CORP (UTHR) 24,151 22,137
    UNITEDHEALTH GROUP INC. COM. (UNH) 133,496 444,780
    UNITEDHELATH GP INC (UNH) 67,289 73,424
    UNIVERSAL HEALTH SERVICES B (UHS) 55,370 59,540
    URBAN OUTFITTERS INC (URBN) 327,006 302,500
    US BANCORP (USB) 34,595 40,330
    US BANCORP DEL COM. NEW 0 0
    VALE S.A. ADR 0 0
    VALERO ENEGRY CP DELA NEW (VLO) 22,372 20,910
    VALMONT INDUSTRIES 0 0
    VANGUARD FTSE EUROPE 0 0
    VANGUARD FTSE EUROPE (VGK) 328,716 314,208
    VANGUARD LONG-TERM INVESTMENT GRADE 0 0
    VANGUARD MSCI EMERGING MARKETS ETF 0 0
    VANGUARD SHORT-TERM INVESTMENT GRADE 0 0
    VANGUARD TOTAL BOND MARKE INDEX 0 0
    VEEVA SYS INC CL A (VEEV) 15,548 20,711
    VERIFONE SYSTEMS INC (PAY) 8,272 8,343
    VERINT SYSTEMS INC (VRNT) 25,305 24,682
    VERIZON COMMUNICATIONS (VZ) 129,369 140,326
    VIACOM INC. 0 0
    VITAMIN SHOPPE INC COM (VSI) 32,276 33,230
    VODACOM GROUP LTD ADR 0 0
    VODAFONE GROUP PLC (VOD) 133,631 129,460
    VOLKSWAGEN AG SPON ADR (VLKAY) 258,865 246,696
    WABTEC (WAB) 55,286 48,880
    WADDELL & REED FINCL INC CL A (WDR) 40,834 34,354
    WALGREENS BOOTS ALLIANCE INC (WBA) 49,024 48,713
    WAL-MART STORES INC (WMT) 608,328 630,528
    WAL-MART STORES INC. COM. 0 0
    WALT DISNEY CO HLDG CO (DIS) 173,124 761,040
    WEICHAI POWER CO ADR 0 0
    WELLS FARGO & CO. NEW COM. 0 0
    WELLS FARGO BK N A (WFC) 564,076 818,809
    WESTERN UNION CO (WU) 220,350 246,079
    WESTROCK CO COM (WRK) 40,470 40,813
    WESTWOOD INCOME OPPORTUNITY INSTL 0 0
    WHITE MOUNTAIN GRP BERMUDA (WTM) 79,963 83,358
    WHITEWAVE FOODS CORP CL A (WWAV) 40,453 47,832
    WILEY JOHN & SON CL A 9JW'A) 47,997 51,815
    WILLIAMS SONOMA (WSM) 65,940 62,035
    WOOLWORTHS HOLDINGS LTD 0 0
    WPP PLC SPON NEW ADR (WPPGY) 279,163 255,969
    WPP PLC SPONSORED ADR 0 0
    WPX ENERGY INC (WPX) 35,679 50,777
    WYNDHAM WORLDWIDE CORP (WYN) 77,985 73,082
    WYNN MACAU LTD UNSPONS ADR 0 0
    XCEL ENERGY INC (XEL) 74,700 205,988
    XYLEM INC COM (XYL) 40,191 42,641
    YPF S.S. SPONSORED ADR 0 0
    YY INC ADS (YY) 47,245 25,809
    ZEBRA TECH CL-A (ZBRA) 51,819 49,599
    ZIMMER BIOMET HLDGS INC COM (ZBH) 30,192 31,178
    ZURICH INSURANCE GRP LTD ADR (ZURVY) 178,909 208,350

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    MAYBELLE CLARK MACDONALD FUND
    EIN:
    23-7108002
    US Government Securities - End of Year Book Value:

    3,753,917
    US Government Securities - End of Year Fair Market Value:

    3,804,834
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2015 InvestmentsOtherSchedule2
    Name:
    MAYBELLE CLARK MACDONALD FUND
    EIN:
    23-7108002
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ALTERNATIVE INVESTMENT PARTNERS ABSOLUTE RETURN FUND AT COST 2,000,000 2,775,800
    ALTERNATIVE INVESTMENT PARTNERS GLOBAL MACRO (CAYMAN), LP AT COST 1,000,000 1,146,580
    ASGI MESIROW INSIGHT FUND, LLC AT COST 0 0
    CASH AND CASH EQUIVALENTS HELD FOR INVESTMENT PURPOSES AT COST 2,763,527 2,763,527
    MORGAN STANLEY PRIVATE MARKETS FUND IV (CAYMAN), LP AT COST 736,798 1,426,832
    OCHOCO LUMBER CO. LCC AT COST 325,000 325,000
    PLUM CREEL TIMBER CO. REIT AT COST 0 0
    SUSTAINABLE WOODLANDS FUND, LP AT COST 925,000 1,250,284
    SUSTAINABLE WOODLANDS FUND, LP AT COST 0 0

    TY 2015 LandEtcSchedule2
    Name:
    MAYBELLE CLARK MACDONALD FUND
    EIN:
    23-7108002
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE BUILDING 279,245 40,060 239,185 239,185
    BUILDING IMPROVEMENTS 16,159 3,964 12,195 12,195
    OFFICE EQUIPMENT 61,523 39,920 21,603 21,603
    OFFICE FURNITURE 22,769 22,769 0  


    TY 2015 OtherExpensesSchedule
    Name:
    MAYBELLE CLARK MACDONALD FUND
    EIN:
    23-7108002
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 152 0   152
    DUES AND SUBSCRIPTIONS 1,390 695   695
    INSURANCE 10,519 5,260   5,259
    OTHER OFFICE EXPENSES 8,754 4,377   4,377
    POSTAGE 795 398   397
    RENT OF EQUIPMENT 4,665 2,332   2,333
    REPAIRS AND MAINTENANCE 7,600 3,800   3,800
    STATE CHARITY REGISTRATION FEES 1,200 600   600
    JANITORIAL SERVICES 2,350 1,175   1,175
    PROPERTY TAXES 1,722 861   861


    TY 2015 OtherIncomeSchedule2
    Name:
    MAYBELLE CLARK MACDONALD FUND
    EIN:
    23-7108002
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANEOUS 14,190   14,190


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    MAYBELLE CLARK MACDONALD FUND
    EIN:
    23-7108002
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY SERVICES - BECKER CAPITAL MANAGEMENT 113,599 113,599   0
    INVESTMENT ADVISORY SERVICES - MORGAN STANLEY 234,540 234,540   0
    INVESTMENT ADVISORY SERVICES - UNION BANK 135,491 135,491   0
    INVESTMENT ADVISORY SERVICES - U.S. BANK 33,726 33,726   0
    INVESTMENT ADVISORY SERVICES - MERIT WEALTH 8,189 8,189   0
    INVESTMENT ADVISORY SERVICES - RV KUHNS AND ASSOCIATIES 76,908 76,908   0
    PAYROLL SERVICE FEES 1,069 535   534
    WEBSITE SUPPORT FEES 1,525 0   1,525
    COMPUTER SUPPORT FEES 650 0   650


    TY 2015 TaxesSchedule
    Name:
    MAYBELLE CLARK MACDONALD FUND
    EIN:
    23-7108002
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAXES 105,000 0   0