Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
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
STEPHEN M SEAY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)4611 TRAVIS STREET NO 1409A
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DALLAS, TX75205
A Employer identification number

36-4613275
B Telephone number (see instructions)

(214) 718-9047
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$24,038,161J 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 48,170 48,170  
4 Dividends and interest from securities... 445,730 445,730  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 200,923
b Gross sales price for all assets on line 6a 1,362,137
7 Capital gain net income (from Part IV, line 2)... 200,923
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 134,812 118,959  
12 Total. Add lines 1 through 11........ 829,635 813,782  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 10,075 5,037   5,038
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 237,478 118,739   118,739
b Accounting fees (attach schedule)....... Click to see attachment 19,318 9,659   9,659
c Other professional fees (attach schedule)....        
17 Interest............... 831 831   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 68,246 57,580   10,666
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 1,398 0   1,398
21 Travel, conferences, and meetings....... 3,557 0   3,557
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 205,232 189,994   15,238
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 546,135 381,840   164,295
25 Contributions, gifts, grants paid....... 1,234,000 1,234,000
26 Total expenses and disbursements. Add lines 24 and 25 1,780,135 381,840   1,398,295
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -950,500
b Net investment income (if negative, enter -0-) 431,942
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......... 146,827 34,573 34,573
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 19,256,465 Click to see attachment19,918,219 23,411,914
14 Land, buildings, and equipment: basis bullet475,339
Less: accumulated depreciation (attach schedule) bullet21,856 453,483 Click to see attachment453,483 591,499
15 Other assets (describe bullet) Click to see attachment175 Click to see attachment175 Click to see attachment175
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 19,856,950 20,406,450 24,038,161
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)......   Click to see attachment1,500,000
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 1,500,000
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........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 19,856,950 18,906,450
30 Total net assets or fund balances (see instructions)..... 19,856,950 18,906,450
31 Total liabilities and net assets/fund balances (see instructions). 19,856,950 20,406,450
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
19,856,950
2
Enter amount from Part I, line 27a .....................
2
-950,500
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
18,906,450
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
18,906,450
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 PRIVATE EQUITY FUND (QP) III, LP P 2015-12-31 2015-12-31
b PRIVATE EQUITY FUND (QP) III, LP P 2015-12-31 2015-12-31
c PRIVATE EQUITY FUND (QP) III, LP P 2015-12-31 2015-12-31
d PRIVATE EQUITY FUND (QP) IV, LP P 2015-12-31 2015-12-31
e PRIVATE EQUITY FUND (QP) IV, LP P 2015-12-31 2015-12-31
PRIVATE EQUITY FUND (QP) IV, LP P 2015-12-31 2015-12-31
11132.29 SHS MFB NORTHERN INTL EQTY P 2014-09-30 2015-07-27
14359.87 SHS MFB NORTHERN FDS INTL GROWTH EQUITY FD FUND P 2014-09-30 2015-07-27
697.0 SHS MFC SPDR TR UNIT SER 1 STD & POORS UNIT SER 1 P 2014-12-08 2015-07-27
6064.0 SHS MFC FLEXSHARES TR MORNINGSTAR GLOBAL UPSTREAM NAT RES INDE P 2013-03-27 2015-07-27
3048.78 MFB NORTHERN MULTI MANAGER GLOBAL LISTED INFRASTRUCTURE P 2014-09-24 2015-11-18
7350.0 SHS GOLDCORP INC P 2015-05-13 2015-08-26
0.80 SHS REYNOLDS AMERICAN INC P 2015-06-15 2015-07-06
1500.0 SHS UNITED PARCEL SERVICE B P 2015-03-06 2015-07-16
1200.0 SHS WAL-MART STORES INC P 2015-03-06 2015-12-08
2550.0 SHS LORILLARD INC P 2011-10-06 2015-06-15
CAPITAL GAINS DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 5,110     5,110
b 170,334     170,334
c 536     536
d 1,172     1,172
e 33,834     33,834
    85 -85
132,029   135,035 -3,006
133,116   139,722 -6,606
144,179   144,947 -768
163,725   211,515 -47,790
35,000   38,940 -3,940
95,907   142,894 -46,987
59   58 1
146,143   151,185 -5,042
71,391   99,132 -27,741
182,296   97,701 84,595
47,306     47,306
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       5,110
b       170,334
c       536
d       1,172
e       33,834
      -85
      -3,006
      -6,606
      -768
      -47,790
      -3,940
      -46,987
      1
      -5,042
      -27,741
      84,595
      47,306
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 2 200,923
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 1,632,302 30,177,294 0.054090
2013 1,560,432 32,654,722 0.047786
2012 472,541 29,862,437 0.015824
2011 937,381 27,177,966 0.034490
2010 725,565 26,138,934 0.027758
2
Total of line 1, column (d) .....................
20.179948
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
0.035990
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
21,476,503
5
Multiply line 4 by line 3......................
5
772,939
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
4,319
7
Add lines 5 and 6........................
7
777,258
8
Enter qualifying distributions from Part XII, line 4.............
8
1,398,295
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 4,319
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 4,319
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 4,319
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 2,675
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 4,675
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 38
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 10 318
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet318 RefundedBullet 11 0
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletTX
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletLEE-ANN GRAHAM Telephone no.bullet (214) 718-9047

    Located atbullet4611 TRAVIS STREET 1409ADALLASTX ZIP+4bullet75205
    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
     
    No
    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
    PETER K LUTKEN III DIRECTOR
    2.00     		1,044 0 0
    4611 TRAVIS STREET 1409A
    DALLAS,TX75205
    LEE-ANN GRAHAM DIRECTOR
    2.00     		3,739 0 363
    4611 TRAVIS STREET 1409A
    DALLAS,TX75205
    DAVID J WOOD DIRECTOR
    2.00     		5,292 0 3,331
    4611 TRAVIS STREET 1409A
    DALLAS,TX75205
    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
    NONE
    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
    19,118,774
    b
    Average of monthly cash balances.......................
    1b
    1,342,237
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,342,545
    d
    Total (add lines 1a, b, and c).........................
    1d
    21,803,556
    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
    21,803,556
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    327,053
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    21,476,503
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,073,825
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    1,073,825
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    4,319
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
    2,228
    c
    Add lines 2a and 2b............................
    2c
    6,547
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,067,278
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,067,278
    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
    1,067,278
    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
    1,398,295
    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
    1,398,295
    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
    4,319
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,393,976
    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 1,067,278
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 1,233,894
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 1,398,295
    a Applied to 2014, but not more than line 2a 1,233,894
    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..... 164,401
    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 ..........     		902,877
    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
    ABRAMS PLANETARIUM AT MICHIGAN STATE UNIVERSITY
    775 SCIENCE ROAD
    EAST LANSING,MI48824     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000
    ADVENTURE CYCLING ASSOCIATION
    150 EAST PINE STREET
    MISSOULA,MT59807     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000
    ARTIST BOAT
    2415 AVENUE K
    GALVESTON,TX77550     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000
    BROTHER BILL'S HELPING HANDS
    3906 N WESTMORELAND ROAD
    DALLAS,TX75212     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    BUFFALO BILL CENTER OF THE WEST
    720 SHERIDAN AVE
    CODY,WY82414     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 25,000
    CAMP JOHN MARC
    2824 SWISS AVENUE
    DALLAS,TX75204     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 30,000
    CAPERNAUM INC
    PO BOX 821536
    DALLAS,TX75382     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    CHILDREN'S MEDICAL CENTER
    1935 MEDICAL DISTRICT DR
    DALLAS,TX75234     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 50,000
    CHRISTIAN COMMUNITY SERVICE CENTER
    3230 MERCER
    HOUSTON,TX77027     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    COLORADO SCHOOL OF THE MINES
    1500 ILLINOIS ST
    GOLDEN,CO80401     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 30,000
    CONCORDIA LANGUAGE VILLAGES
    901 8TH STREET S
    MOORHEAD,MN56562     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    CREEDE COMMUNITY FOUNDATION
    PO BOX 754
    CREEDE,CO81130     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 1,000
    CROW CANYON ARCHAEOLOGICAL CENTER
    23390 ROAD K
    CORTEZ,CO81321     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 50,000
    DALLAS ACADEMY
    950 TIFFANY WAY
    DALLAS,TX75218     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000
    DALLAS ARBORETUM & BOTANICAL GARDEN
    8525 GARLAND ROAD
    DALLAS,TX75218     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 50,000
    DALLAS CHILDREN'S THEATER
    5938 SKILLMAN ST
    DALLAS,TX75231     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 15,000
    DALLAS HISTORICAL SOCIETY
    PO BOX 150038
    DALLAS,TX75315     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000
    DALLAS IS GARDENING INC
    2311 CEDAR SPRINGS ROAD STE 405
    DALLAS,TX75201     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 15,000
    DALLAS MUSEUM OF ART
    1717 N HARWOOD ST
    DALLAS,TX75201     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 50,000
    DALLAS ZOOLOGICAL SOCIETY
    650 R L THORTON FWY
    DALLAS,TX75203     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 20,000
    DEEP SPRINGS COLLEGE
    DEEP SPRINGS RANCH RD HWY 168
    BIG PINE,CA93513     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    FOR THE LOVE OF THE LAKE
    1152 N BUCKNER BLVD SUITE 123
    DALLAS,TX75218     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000
    FRIENDS OF THE KATY TRAIL
    3523 MCKINNEY AVE PMB 441
    DALLAS,TX75204     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000
    GENESIS WOMEN'S SHELTER
    4411 LEMMON AVE 201
    DALLAS,TX75219     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    GIRL SCOUTS OF NORTHEAST TEXAS
    6001 SUMMERSIDE DR
    DALLAS,TX75252     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    GIRL SCOUTS OF SAN JANCINTO COUNCIL
    3110 SOUTHWEST FWY
    HOUSTON,TX77098     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    GREATER DALLAS YOUTH ORCHESTRA
    3630 HARRY HINES BLVD
    DALLAS,TX75219     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    GREENHILL SCHOOL
    4141 SPRING VALLEY RD
    ADDISON,TX75001     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000
    GROUNDWORK DALLAS
    1444 OAKLAWN AVE
    DALLAS,TX75207     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 25,000
    HANAHAU'OLI SCHOOL
    1922 MAKIKI STREET
    HONOLULU,HI96822     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 15,000
    HEART GIFT FOUNDATION
    8015 SHOAL CREEK BLVD
    AUSTIN,TX78757     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000
    HIGH MOUNTAIN INSTITUTE
    531 COUNTRY ROAD 5A
    LEADVILLE,CO80461     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    HISD FOUNDATION
    4400 WEST 18TH STREET
    HOUSTON,TX77092     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 35,000
    HOUSTON A CHALLANGE
    2700 SOUTHWEST FREEWAY SUITE B
    HOUSTON,TX77098     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000
    HOUSTON ARBORETUM
    4501 WOODWAY DRIVE
    HOUSTON,TX77024     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    HOUSTON FOOD BANK
    535 PORTWALL ST
    HOUSTON,TX77029     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000
    INTERFAITH MINISTRIES FOR GREATER HOUSTON
    3303 MAIN ST
    HOUSTON,TX77002     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 1,000
    JOHN BUNKER SANDS WETLAND CENTER
    655 MARTIN LANE
    SEAGOVILLE,TX75159     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 25,000
    KNIGHTS OF HEROS FOUNDATION
    3834 CHERRY PLUM DR
    COLORADO SPRINGS,CO80920     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    LAKEHILL PREPARATORY SCHOOL
    2720 HILLSIDE DR
    DALLAS,TX75214     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    LOCALOGY
    HC 81 BOX 41
    QUESTA,NM87556     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 20,000
    MENTAL HEALTH AMERICA OF TEXAS
    1210 SAN ANTONIO ST 200
    AUSTIN,TX78701     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    NATIONAL COWBOY & WESTERN HERITAGE MUSEUM
    1700 NE 63RD ST
    OKLAHOMA,OK73111     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 25,000
    NATIONAL GHOST RANCH FOUNDATION
    HC77 BOX 11
    ABIQUIU,NM87510     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    NATURE DISCOVERY CENTER HOUSTON
    7112 NEWCASTLE ST
    BELLAIRE,TX77401     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    NAVARRO MILLS VOLUNTEER FIRE DEPARTMENT
    20880 FM 744
    FROST,TX76641     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 1,000
    NORTH TEXAS FOOD BANK
    4500 S COCKRELL HILL ROAD
    DALLAS,TX75236     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 25,000
    OKLAHOMA HISTORICAL SOCIETY
    800 NAZIH ZUHDI DRIVE
    OKLAHOMA CITY,OK73105     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000
    OUTDOOR NATURE CLUB
    PO BOX 1014
    BELLAIRE,TX77402     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000
    PALMER MEMORIAL EPISCOPAL CHURCH - BOY SCOUT TROOP 511
    6221 MAIN STREET
    HOUSTON,TX77030     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 20,000
    PARISH EPISCOPAL SCHOOL
    4101 SIGMA RD
    DALLAS,TX75244     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000
    PEROT MUSEUM OF NATURE & SCIENCE
    2201 N FIELD ST
    DALLAS,TX75201     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 50,000
    PHILMONT SCOUT RANCH - BOY SCOUTS OF AMERICA
    17 DEER RUN ROAD
    CIMARRON,NM87714     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 15,000
    PRINCETON UNIVERSITY
    PRINCETON UNIVERSITY
    PRINCETON,NJ08544     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 15,000
    READERS 2 LEADERS
    2223 SINGLETON BLVD SUITE 140
    DALLAS,TX75212     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    RECIPE FOR SUCCESS FOUNDATION
    PO BOX 56405
    HOUSTON,TX77256     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    REGIONAL FOOD BANK OKLAHOMA
    3355 S PURDUE AVE
    OKLAHOMA CITY,OK73179     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000
    SHELTON SCHOOL
    15720 HILLCREST RD
    DALLAS,TX75248     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000
    SOCIAL & ENVIRONMENTAL ENTREPRENEURS
    23532 CALABASAS RD STE A
    CALABASAS,CA91302     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    SPCA OF TEXAS
    2400 LONE STAR DRIVE
    DALLAS,TX75212     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 1,000
    ST MARKS SCHOOL OF TEXAS
    10600 PRESTON ROAD
    DALLAS,TX75230     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 25,000
    ST PHILIP'S ACADEMY
    6400 STONEBROOK PKWY
    FRISCO,TX75034     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    ST PHILIP'S SCHOOL & COMMUNITY CENTER
    1600 PENNSYLVANIA AVE
    DALLAS,TX75215     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 50,000
    STANFORD UNIVERSITY
    295 GALVEZ STREET
    STANFORD,CA94305     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 30,000
    SURPASSING GRACE
    PO BOX 38006
    DALLAS,TX75238     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    TEXAS SCOTTISH RITE HOSPITAL
    2222 WELBORN ST
    DALLAS,TX75219     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 50,000
    THE AMERICAN ADVENTURE SERVICE CORP
    PO BOX 69
    JONAS RIDGE,NC28641     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000
    THE BUSH SCHOOL
    3400 EAST HARRISON STREET
    SEATTLE,WA98112     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    THE CAMBRIDGE SCHOOL OF DALLAS
    3877 WALNUT HILL LANE
    DALLAS,TX75229     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 5,000
    THE EPISCOPAL SCHOOL OF DALLAS
    4100 MERRELL RD
    DALLAS,TX75229     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 20,000
    THE WINSTON SCHOOL
    5707 ROYAL LANE
    DALLAS,TX75229     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 30,000
    THE WOODS PROJECT
    2700 SOUTHWEST FREEWAY SUITE B
    HOUSTON,TX77098     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 30,000
    URBAN HARVEST
    2311 CANAL STREET SUITE 200
    HOUSTON,TX77003     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    VICKERY MEADOWS LEARNING CENTER
    6329 RIDGECREST RD
    DALLAS,TX75231     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    WEST DALLAS COMMUNITY SCHOOL
    2300 CANADA DRIVE
    DALLAS,TX75212     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    YELLOWSTONE BIG HORN RESEARCH ASSOCIATION
    PO BOX 630 HOWELL GULCH ROAD
    RED LODGE,MT59068     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    YOUNG LIFE WILDERNESS RANCH CAMP
    PO BOX 1274
    BUENA VISTA,CO81211     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    YOUNG LIFE LAKE HIGHLANDS
    1130 N CENTRAL EXPY
    DALLAS,TX75243     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    YOUNG LIFE NORTH TEXAS REGION
    11300 N CENTRAL EXPWY 600
    DALLAS,TX75243     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    YOUTH SERVICES FOR OKLAHOMA COUNTY
    201 NE 50TH ST
    OKLAHOMA CITY,OK73105     		NO RELATIONSHIP PUBLIC CHARITY HELP OTHERS 10,000
    Total .................................bullet 3a 1,234,000
    bApproved for future payment
    Total .................................bullet 3b 0
    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 48,170  
    4 Dividends and interest from securities....     14 445,730  
    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.....     14 118,959  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 200,923  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aPRIVATE EQUITY FUND (QP) III LP     		523000 2,752      
    bPRIVATE EQUITY FUND (QP) IV LP 523000 3,380      
    cOIL NUT BAY ROYALTIES LP 523000 9,721      
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 15,853 813,782 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13829,635
    (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:
    STEPHEN M SEAY FOUNDATION INC
    EIN:
    36-4613275
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEES 19,318 9,659   9,659

    TY 2015 GeneralExplanationAttachment
    Name:
    STEPHEN M SEAY FOUNDATION INC
    EIN:
    36-4613275
    Identifier Return Reference Explanation
    ADDITIONAL INFORMATION WAS RECEIVED AFTER THE ORIGINAL TAX RETURN WAS FILED FORM 990-PF: PART I - LINE 11, LINE 23; PART II - LINE 13 THIS TAXPAYER HAS AN INVESTMENT IN OIL NUT BAY AND AFTER THE TAX RETURN WAS FILED ADDITIONAL INFORMATION WAS RECEIVED THAT INCREASED OTHER INCOME AND CHANGED MISCELLANEOUS EXPENSE. THIS HAD THE EFFECT OF INCREASING THE EXCISE TAX DUE, HOWEVER THE TAXPAYER PAID IN MORE THAN THE ACTUAL TAX DUE WITH THEIR RETURN SO THE ADDITIONAL TAX OWED HAS ALREADY BEEN PAID.

    TY 2015 InvestmentsOtherSchedule2
    Name:
    STEPHEN M SEAY FOUNDATION INC
    EIN:
    36-4613275
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENTS AT COST 17,416,788 20,348,394
    NT PRIVATE EQUITY FUND (QP) III LP AT COST 572,651 871,042
    INVESTMENT IN OIL NUT BAY AT COST 1,342,545 1,342,545
    INV. IN NT PRIVATE EQUITY FUND IV, L.P. AT COST 586,235 849,933

    TY 2015 LandEtcSchedule2
    Name:
    STEPHEN M SEAY FOUNDATION INC
    EIN:
    36-4613275
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDING - 4611 TRAVIS 367,856 9,039 358,817  
    OFFICE EQUIPMENT 2,398 480 1,918  
    OFFICE FURNITURE 80,700 11,529 69,171  
    LAND-4611 TRAVIS 23,577 0 23,577  
    IPAD 808 808 0  


    TY 2015 LegalFeesSchedule
    Name:
    STEPHEN M SEAY FOUNDATION INC
    EIN:
    36-4613275
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 237,478 118,739   118,739


    TY 2015 MortgagesAndNotesPayableSch
    Name:
    STEPHEN M SEAY FOUNDATION INC
    EIN:
    36-4613275
    Total Mortgage Amount:  

    Item No. 1
    Lender's Name NORTHERN TRUST LOC #4196
    Lender's Title  
    Relationship to Insider NONE
    Original Amount of Loan 1,500,000
    Balance Due 1,500,000
    Date of Note 2015-12
    Maturity Date 2014-06
    Repayment Terms LINE OF CREDIT
    Interest Rate 2.000000000000
    Security Provided by Borrower INVESTMENT ACCOUNT #4081
    Purpose of Loan TO PAY FINANCIAL OBLIGATIONS
    Description of Lender Consideration  
    Consideration FMV  


    TY 2015 OtherAssetsSchedule
    Name:
    STEPHEN M SEAY FOUNDATION INC
    EIN:
    36-4613275
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    UTILITY DEPOSIT 175 175 175


    TY 2015 OtherExpensesSchedule
    Name:
    STEPHEN M SEAY FOUNDATION INC
    EIN:
    36-4613275
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL DUES 10,683 0   10,683
    INSURANCE 77,123 72,708   4,415
    INVESTMENT FEES 69,648 69,648   0
    OFFICE EXP 137 0   137
    PORTFOLIO DEDUCTIONS 46,945 46,945   0
    CHARITABLE CONTRIBUTIONS 106 106   0
    NONDEDUCTIBLE EXPENSE 506 506   0
    CREDITS 78 78   0
    MISCELLANEOUS 6 3   3


    TY 2015 OtherIncomeSchedule2
    Name:
    STEPHEN M SEAY FOUNDATION INC
    EIN:
    36-4613275
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OIL NUT BAY ROYALTIES, LP 104,745 104,745 104,745
    NORTHERN TRUST #1786-OTHER INCOME 1,179 1,179 1,179
    PRIVATE EQUITY FUND (QP) III, LP 30 30 30
    PRIVATE EQUITY FUND (QP) IV, LP 4 4 4
    NORTHERN TRUST - OTHER INVESTMENT INCOME 12,828 12,828 12,828
    TEXAS CAPITAL BANK - OTHER INVESTMENT INCOME 173 173 173
    PRIVATE EQUITY FUND (QP) III LP 2,752 0 2,752
    PRIVATE EQUITY FUND (QP) IV LP 3,380 0 3,380
    OIL NUT BAY ROYALTIES LP 9,721 0 9,721


    TY 2015 TaxesSchedule
    Name:
    STEPHEN M SEAY FOUNDATION INC
    EIN:
    36-4613275
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INCOME TAX 47,267 47,267   0
    FOREIGN TAXES PAID 7,597 7,597   0
    PROPERTY TAXES 10,666 0   10,666
    STATE TAXES PAID 2,716 2,716   0