Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
SKILLBUILDERS FUND
 
Number and street (or P.O. box number if mail is not delivered to street address)4701 COLLEGE BLVD SUITE 214
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LEAWOOD, KS66211
A Employer identification number

48-0984713
B Telephone number (see instructions)

(913) 608-7545
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$4,335,977J 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      
4 Dividends and interest from securities... 139,159 139,159  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 138,072
b Gross sales price for all assets on line 6a 1,108,409
7 Capital gain net income (from Part IV, line 2)... 138,072
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 6,128 6,128  
12 Total. Add lines 1 through 11........ 283,359 283,359  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 35,933 3,593   32,340
14 Other employee salaries and wages...... 19,769     19,769
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 1,543     1,543
b Accounting fees (attach schedule)....... Click to see attachment 9,200 4,600   4,600
c Other professional fees (attach schedule).... Click to see attachment 33,603 25,121   8,481
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 9,750 1,604   5,184
19 Depreciation (attach schedule) and depletion... Click to see attachment 3,130 919  
20 Occupancy.............. 11,292     11,292
21 Travel, conferences, and meetings....... 4,752     4,752
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 12,030     12,030
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 141,002 35,837   99,991
25 Contributions, gifts, grants paid....... 138,500 138,500
26 Total expenses and disbursements. Add lines 24 and 25 279,502 35,837   238,491
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,857
b Net investment income (if negative, enter -0-) 247,522
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......... 18,091 423,884 423,884
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,641,378 Click to see attachment2,242,737 2,491,638
c Investments—corporate bonds (attach schedule)....... 1,135,933 Click to see attachment1,088,819 1,045,825
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 428,198 Click to see attachment467,823 355,909
14 Land, buildings, and equipment: basis bullet11,585
Less: accumulated depreciation (attach schedule) bullet3,108 3,144 Click to see attachment8,477 8,477
15 Other assets (describe bullet) Click to see attachment11,163 Click to see attachment10,244 Click to see attachment10,244
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,237,907 4,241,984 4,335,977
Liabilities 17 Accounts payable and accrued expenses.......... 339 137
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)......... 339 137
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
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 4,237,568 4,241,847
30 Total net assets or fund balances (see instructions)..... 4,237,568 4,241,847
31 Total liabilities and net assets/fund balances (see instructions). 4,237,907 4,241,984
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
4,237,568
2
Enter amount from Part I, line 27a .....................
2
3,857
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
422
4
Add lines 1, 2, and 3 ..........................
4
4,241,847
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
4,241,847
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 COSTCO WHSL CORP - 45 SHS P 2006-05-26 2015-02-03
b JPMORGAN CHASE & CO - 80 SHS P 2010-09-27 2015-04-01
c EXXON MOBIL CORP - 220 SHS P 2011-08-03 2015-09-28
d SIRONA DENTAL SYSTEM - 65 SHS P 2013-09-03 2015-11-30
e JOHNSON & JOHNSON - 50 SHS P 2006-05-26 2015-02-03
MICROSOFT CORP - 145 SHS P 2008-12-31 2015-04-01
DFA REAL ESTATE SEC PORT - 132.135 P   2015-10-01
VANGUARD TOT STK MKT INDX - 364.937 P   2015-11-30
O REILLY AUTOMOTIVE - 50 SHS P 2012-08-17 2015-02-03
O REILLY AUTOMOTIVE - 60 SHS P 2012-08-17 2015-04-01
AVENUE CREDIT STRATEGIES - 1141.09 P   2015-11-30
AVENUE CREDIT STRATEGIES - 18351.34 P   2015-12-10
WALGREENS BOOTS ALLIANC - 65 SHS P 2006-05-26 2015-02-03
SIRONA DENTAL SYSTEMS - 55 SHS P 2013-09-03 2015-04-01
METROPOLITAN W TOT RTN BD I-1391.09 P   2015-11-30
FORWARD SELECT INC CL - 9733.668 SHS P   2015-12-28
CALIFORNIA RES CORP - 76 SHS P 2006-05-26 2015-02-09
TARGET CORPORATION - 95 SHS P 2006-05-26 2015-04-01
VANGUARD TOT STK MKT INDX - 18.933 P 2015-06-25 2015-11-30
DFA REAL ESTATE SEC PORT - 2313.526 P 2013-09-11 2015-02-11
WALGREENS BOOTS ALLIANC - 60 SHS P 2006-05-26 2015-04-01
VISA INC CL A - 65 SHS P 2015-03-30 2015-11-30
DOUBLELINE TOT RTN BD FD - 914.612 P   2015-03-06
YUM BRANDS INC - 60 SHS P 2006-05-26 2015-04-01
ALPHABET INC CL C - 26 SHS P 2008-12-31 2015-11-30
CATERPILLAR INC - 200 SHS P 2012-10-22 2015-03-10
DOUBLELINE TOT RTN BD FD - 142.767 P   2015-04-06
AVENUE CREDIT STRATEGIES - 2985.096 P 2014-06-16 2015-11-30
COOPER COMPANIES - 25 SHS P 2014-05-02 2015-04-01
VANGUARD TOT STK MKT INDX FD - 24.07 P 2015-03-24 2015-05-15
COSTCO WHOLESALE CO - 30 SHS P 2006-05-26 2015-11-30
DOLLAR TREE INC - 85 SHS P 2014-06-13 2015-04-01
GOOGLE INC CL C - 0.0713 SHS P 2008-12-31 2015-05-04
DFA REAL ESTATE SEC PORT - 304.778 P   2015-11-30
PERKINELMER INC - 80 SHS P 2014-10-20 2015-04-01
VANGUARD TO STK MKT INDX - 261.658 P   2015-05-05
GENERAL ELECTRIC CO - 170 SHS P 2014-10-20 2015-11-30
DOUBLELINE TOT RTN BD FD - 129.139 P   2015-04-06
VANGUARD TOT STK MKT INDX - 474.938 P 2010-06-01 2015-06-09
JOHNSON & JOHNSON - 50 SHS P 2006-05-26 2015-11-30
COSTCO WHSL CORP - 50 SHS P 2006-05-26 2015-04-01
GOTHAM ABSOLUTE RTN - 323.395 P 2014-12-18 2015-08-27
JPMORGAN CHASE & CO - 75 SHS P 2010-09-27 2015-11-30
GENERAL MOTORS CO - 135 SHS P 2013-04-08 2015-04-01
GOTHAM ABSOLUTE RTN - 18395.919 SHS P   2015-08-27
MICROSOFT CORP - 150 SHS P 2008-12-31 2015-11-30
HELMERICH & PAYNE INC - 60 SHS P 2007-12-10 2015-04-01
DFA REAL ESTATE SEC PORT - 186.814 P   2015-10-01
O REILLY AUTOMOTIVE - 25 SHS P 2012-08-17 2015-11-30
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 6,728   2,453 4,275
b 4,795   3,152 1,643
c 16,013   16,914 -901
d 7,063   4,286 2,777
e 5,089   3,033 2,056
5,884   2,824 3,060
4,143   3,921 222
19,014   10,766 8,248
9,587   4,394 5,193
12,802   5,273 7,529
11,062   12,033 -971
173,752   211,277 -37,525
4,837   2,674 2,163
4,833   3,627 1,206
15,000   15,320 -320
215,858   203,562 12,296
486   325 161
7,774   4,630 3,144
986   986  
80,000   61,668 18,332
5,030   2,468 2,562
5,155   4,290 865
10,000   10,052 -52
4,695   1,544 3,151
19,361   4,001 15,360
16,043   16,854 -811
1,575   1,628 -53
28,938   35,847 -6,909
4,638   3,341 1,297
1,264   1,271 -7
4,822   1,635 3,187
6,871   4,575 2,296
40   11 29
10,000   8,125 1,875
4,007   3,201 806
13,737   9,620 4,117
5,115   4,244 871
1,425   1,425  
25,000   12,698 12,302
5,071   3,033 2,038
7,486   2,725 4,761
4,068   4,473 -405
5,025   2,955 2,070
4,934   3,715 1,219
231,386   240,086 -8,700
8,206   2,922 5,284
4,091   2,234 1,857
5,857   6,049 -192
6,659   2,197 4,462
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       4,275
b       1,643
c       -901
d       2,777
e       2,056
      3,060
      222
      8,248
      5,193
      7,529
      -971
      -37,525
      2,163
      1,206
      -320
      12,296
      161
      3,144
       
      18,332
      2,562
      865
      -52
      3,151
      15,360
      -811
      -53
      -6,909
      1,297
      -7
      3,187
      2,296
      29
      1,875
      806
      4,117
      871
       
      12,302
      2,038
      4,761
      -405
      2,070
      1,219
      -8,700
      5,284
      1,857
      -192
      4,462
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 2 138,072
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 3,317
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 316,145 4,929,880 0.064128
2013 219,075 4,776,813 0.045862
2012 232,792 4,575,382 0.050879
2011 195,108 4,593,226 0.042477
2010 208,900 4,475,364 0.046678
2
Total of line 1, column (d) .....................
20.250024
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
0.050005
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
4,621,748
5
Multiply line 4 by line 3......................
5
231,111
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,475
7
Add lines 5 and 6........................
7
233,586
8
Enter qualifying distributions from Part XII, line 4.............
8
238,491
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 2,475
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 2,475
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,475
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 2,500
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 2,500
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 25
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  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletKS
    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 addressbulletSKILLBUILDERSFUND.ORG
    14
    The books are in care ofbulletBARBARA P ALLEN Telephone no.bullet (913) 608-7545

    Located atbullet4701 COLLEGE BLVD SUITE 2144701 COLLEGE BLVD SUITE 214LEAWOODKS ZIP+4bullet66211
    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
     
     
    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
    BARBARA P ALLEN PRESIDENT/DI
    30.00     		35,933 0 0
    9851 ASH DRIVE
    9851 ASH DRIVE
    OVERLAND PARK,KS66207
    BETSY VANDER VELDE VICE-CHAIRPE
    1.00     		0 0 0
    444 MINNESOTA AVE STE 200
    444 MINNESOTA AVE STE 200
    KANSAS CITY,KS66101
    MARGO QUIRICONI SEC./DIRECTO
    1.00     		0 0 0
    203 E 66TH TERRACE
    203 E 66TH TERRACE
    KANSAS CITY,MO64113
    LISA WYATT KNOWLTON DIRECTOR
    1.00     		0 0 0
    4701 COLLEGE BLVD SUITE 214
    4701 COLLEGE BLVD SUITE 214
    LEAWOOD,KS66211
    DEBBIE ALLEN DIRECTOR
    1.00     		0 0 0
    638 FEDERAL TERRACE SE
    638 FEDERAL TERRACE SE
    ATLANTA,GA30315
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    4,621,045
    b
    Average of monthly cash balances.......................
    1b
    52,364
    c
    Fair market value of all other assets (see instructions)................
    1c
    18,721
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,692,130
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    4,692,130
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    70,382
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,621,748
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    231,087
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    231,087
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    2,475
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,475
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    228,612
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    228,612
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    228,612
    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
    238,491
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    238,491
    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
    2,475
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    236,016
    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 7 228,612
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014...... 70,098
    fTotal of lines 3a through e........ 70,098
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 238,491
    a Applied to 2014, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2015 distributable amount..... 228,612
    e Remaining amount distributed out of corpus 9,879
    5 Excess distributions carryover applied to 2015.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 79,977
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		79,977
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014.... 70,098
    e Excess from 2015.... 9,879
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    SKILLBUILDERS FD-ATTN BARBARA ALLEN
    4701 COLLEGE BLVD SUITE 214
    OVERLAND PARK,KS66211
    (913) 608-7545
    BALLEN@SKILLBUILDERSFUND.ORG
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION SHOULD BE SUBMITTED IN SIMPLE LETTER FORM, NOT MORE THAN THREE PAGES IN LENGTH AND SHOULD INCLUDE THE FOLLOWING INFORMATION: 1. NEED OF THE GRANT 2. PURPOSE OF THE GRANT 3. LIST OF THE BOARD OF DIRECTORS OF THE REQUESTING ORGANIZATION 4. OTHER CONTRIBUTIONS 5. PROJECT BUDGET
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE PRIMARY PURPOSE OF THE SKILLBUILDERS FUND IS TO PROVIDE FUNDS TO ORGANIZATIONS, AS DESCRIBED IN SECTIONS 501C(3)(3), 170, 2055 & 2522 OF THE INTERNAL REVENUE CODE, THAT ENHANCE THE CAPABILITIES OF WOMEN OF ALL AGES TO REALIZE THEIR FULL POTENTIAL, WITH EMPHASIS ON WOMEN IN THE KANSAS CITY AREA.
    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
    BELOVED ATLANTA
    426 DEERING RD NW
    ATLANTA,GA30309     		N/A PUB. CHARITY FINCL SUPPORT OF PUBLIC CHARITY 3,000
    CHILD & FAMILY SERVICES OF NW MI
    3785 VETERANS DR
    TRAVERSE CITY,MI49684     		N/A PUB. CHARITY FINCL SUPPORT OF PUBLC CHARITY 1,500
    CHILDREN'S AID & FAMILY SERVICES
    200 ROBIN ROAD
    PARAMUS,NJ07652     		N/A PUB. CHARITY FINCL SUPPORT OF PUBLIC CHARITY 1,000
    GIRLS ON THE RUN
    2110 W 75TH STREET
    PRAIRIE VILLAGE,KS66208     		N/A PUB. CHARITY FINCL SUPPORT OF PUBLIC CHARITY 22,000
    GIRL SCOUTS
    8383 BLUE PARKWAY
    KANSAS CITY,MO64133     		N/A PUB. CHARITY FINCL SUPPORT OF PUBLIC CHARITY 20,000
    CITY UNION MISSION
    1100 E 11TH STREET
    KANSAS CITY,MO64106     		N/A PUB. CHARITY FINCL SUPPORT OF PUBLIC CHARITY 1,500
    JCCC FOUNDATION
    12345 COLLEGE BLVD
    OVERLAND PARK,KS66210     		N/A EDUC. ORG. FINCL SUPPORT OF EDUC. FDTN. 10,000
    KC STEM ALLIANCE
    4825 TROOST AVE STE 108
    KANSAS CITY,MO64110     		N/A PUB. CHARITY FINCL SUPPORT OF PUBLIC CHARITY 20,000
    KIDS TLC
    480 ROGERS ROAD
    OLATHE,KS66062     		N/A PUB. CHARITY FINCL SUPPORT OF PUBLIC CHARITY 3,000
    MILES OF SMILES
    6301 N OAK TRAFFICWAY
    KANSAS CITY,MO64118     		N/A PUB. CHARITY FINCL SUPPORT OF PUBLIC CHARITY 1,000
    THE FAMILY CONSERVANCY
    444 MINNESOTA AVE
    KANSAS CITY,KS66101     		N/A PUB. CHARITY FINCL SUPPORT OF PUBLIC CHARITY 750
    THE LEAN LAB
    1714 JEFFERSON STREET
    KANSAS CITY,MO64108     		N/A PUB. CHARITY FINCL SUPPORT OF PUBLIC CHARITY 3,000
    URBAN PATHWAYS
    575 8TH AVE 16TH FLOOR
    NEW YORK,NY10018     		N/A PUB. CHARITY FINCL SUPPORT OF PUBLIC CHARITY 250
    VILLA LA PAZ FOUNDATION
    PO BOX 76507
    ST PETERSBURG,FL33734     		N/A PUB. CHARITY FINCL SUPPORT OF PUBLIC CHARITY 1,500
    WOMEN'S EMPLOYMENT NETWORK
    920 MAIN STREET STE 100
    KANSAS CITY,MO64105     		N/A PUB. CHARITY FINCL SUPPORT OF PUBLIC CHARITY 50,000
    Total .................................bullet 3a 138,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		         
    4 Dividends and interest from securities....     14 139,159  
    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.....     15 6,128  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    26 138,072  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   283,359  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13283,359
    (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:
    SKILLBUILDERS FUND
    EIN:
    48-0984713
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING SERVS - KMB-CPAS, LLC 9,200 4,600   4,600

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

    TY 2015 DepreciationSchedule
    Name:
    SKILLBUILDERS FUND
    EIN:
    48-0984713
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LAPTOP / COMPUTER EQ 2013-05-14 2,030 677 STRAIGHT LINE 5.0000 405      
    OFFICE EQUIPMENT 2013-06-30 141 42 STRAIGHT LINE 5.0000 29      
    OFFICE FURNITURE-CHAIR 2013-11-29 71 11 STRAIGHT LINE 7.0000 11      
    OFFICE EQUIPMENT 2014-01-29 393 79 STRAIGHT LINE 5.0000 78      
    COMPUTER PRINTER 2014-03-31 98 16 STRAIGHT LINE 5.0000 20      
    LEASEHOLD IMPROVEMENTS 2014-03-31 1,309 73 STRAIGHT LINE 15.0000 87      
    SOFTWARE-GRANT MGMT/MICROEDGE 2015-04-02 6,175   AMORTIZATION 3.0000 1,544      
    OFFICE TABLE - SANTA FE OFFICE 2015-09-21 322   STRAIGHT LINE 7.0000 12      
    PICTURE FRAME (MPA) 2015-10-21 1,047   STRAIGHT LINE 7.0000 25      

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    SKILLBUILDERS FUND
    EIN:
    48-0984713
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ANGEL OAK MULT STRATEGY INC FD    
    AVENUE CREDIT STRATEGIES INST    
    DOUBLELINE TOTAL RETURN FUND 468,051 452,952
    GUGGENHEIM FLOATING RATE FUND    
    GUGGENHEIM TOTAL RETURN FUND 249,692 242,173
    METROPOLITAN WEST TOTAL RETURN BD I 185,180 180,601
    PIMCO LOW DURATION FUND    
    FORWARD SELECT INCOME FUND    
    LOOMIS SAYLES BOND FUND 185,896 170,099

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    SKILLBUILDERS FUND
    EIN:
    48-0984713
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BERWYN INCOME FUND 101,424 99,552
    DFA EMERGING MKTS CORE FUND 328,553 306,330
    DFA INTL SMALL CAP VALUE FD 174,734 162,095
    DFA REAL ESTATE FUND 178,762 221,639
    DFA US VECTOR EQTY PORT FD 240,138 271,709
    DFA INTL VECTOR EQUITY FUND 135,282 168,314
    FIRST EAGLE OVERSEAS FD 196,694 199,000
    FORWARD SELECT INCOME CL    
    GOTHAM ABSOLUTE RETURN    
    MATISSE DISCOUNTED FUND 276,867 233,374
    MATTHEWS ASIAN GROWTH FUND 229,162 231,087
    VANGUARD TOTAL STK MKT FD 97,426 207,653
    ALPHABET INC 4,025 20,228
    AMETEK 17,124 18,756
    CALIFORNIA RES CORP    
    CATERPILLAR INC    
    COOPER COMPANIES 13,365 13,420
    COSTCO WHOLESALE 5,178 15,343
    CUMMINS INC 16,839 10,561
    DOLLAR TREE INC 12,381 17,761
    EMC CORP 16,989 17,334
    EXXON MOBIL CORP.    
    GENERAL ELECTRIC COMPANY 12,732 15,886
    GENERAL MOTORS CO 13,348 16,495
    GOOGLE INC CLASS A    
    GOOGLE INC CLASS C    
    HELMERICH & PAYNE INC 9,868 14,191
    IBM 10,741 12,386
    JOHNSON & JOHNSON 9,099 15,408
    JOHNSON CONTROLS INC 17,093 13,624
    JP MORGAN CHASE & CO 8,864 14,857
    MICROSOFT CORP 5,941 16,921
    O REILLY AUTOMOTIVE NEW 5,273 15,205
    OCCIDENTAL PETROLEUM CORP 8,994 12,846
    PERKINELMER INC 13,804 18,482
    QUALCOMM INC 17,109 11,247
    SIRONA DENTAL SYSTEMS 9,232 15,340
    TARGET CORPORATION 10,965 16,337
    VERIZON COMMUNICATN 17,098 18,026
    VISA INC 12,870 15,122
    WALGREENS BOOTS ALLI 8,843 18,308
    WALGREEN COMPANY    
    YUM BRANDS INC 5,920 16,801

    TY 2015 InvestmentsOtherSchedule2
    Name:
    SKILLBUILDERS FUND
    EIN:
    48-0984713
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    JP MORGAN CHASE ALERIAN ETN AT COST 317,642 207,136
    GUGGENHEIM ETF S&P 500 PURE GR AT COST 75,126 79,893
    GUGGENHEIM ETF S&P 500 PURE VALUE AT COST 75,055 68,880

    TY 2015 LandEtcSchedule2
    Name:
    SKILLBUILDERS FUND
    EIN:
    48-0984713
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE FURN / EQ / LH IMPROVS 11,585 3,108 8,477 8,477


    TY 2015 LegalFeesSchedule
    Name:
    SKILLBUILDERS FUND
    EIN:
    48-0984713
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL SERVICES-SWANSON MIDGLEY, 135     135
    LEGAL SERVICES-BRYAN CAVE LLP 1,408     1,408


    TY 2015 OtherAssetsSchedule
    Name:
    SKILLBUILDERS FUND
    EIN:
    48-0984713
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    OIL LEASE 11,163 10,244 10,244


    TY 2015 OtherExpensesSchedule
    Name:
    SKILLBUILDERS FUND
    EIN:
    48-0984713
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INSURANCE 2,938     2,938
    DUES / FEES/ SUBSCRIPTIONS 820     820
    OFFICE EXPENSES 1,594     1,594
    PRINTING, DESIGN & WEBSITE 4,303     4,303
    IT SERVICES 1,238     1,238
    KS ANNUAL REPORT FEE 40     40
    TELEPHONE 1,097     1,097


    TY 2015 OtherIncomeSchedule2
    Name:
    SKILLBUILDERS FUND
    EIN:
    48-0984713
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CVR REFINING LP 6,128 6,128  


    TY 2015 OtherIncreasesSchedule
    Name:
    SKILLBUILDERS FUND
    EIN:
    48-0984713
    Description Amount
    INV / TAX STMTS REPORTING ADJS 422


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    SKILLBUILDERS FUND
    EIN:
    48-0984713
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INV MGMT FEES - BRIDGEWATER ADVS 25,121 25,121    
    CONSULTANT FEES-PHILLIPS W KNOWL 7,350     7,350
    CONSULTANT - REIMBURSED EXPS 1,132     1,131


    TY 2015 TaxesSchedule
    Name:
    SKILLBUILDERS FUND
    EIN:
    48-0984713
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 5,184     5,184
    FOREIGN TAXES 1,604 1,604    
    FEDERAL EXCISE TAX- NET INV INC 2,962