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
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
BETTY B CHASTAIN EDUCATIONAL FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

91-6561080
B Telephone number (see instructions)

(503) 464-3580
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$3,389,359J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
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...... 97,411 97,411  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 728,530
b Gross sales price for all assets on line 6a 3,344,279
7 Capital gain net income (from Part IV, line 2)... 728,530
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 825,941 825,941  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 49,585 44,627   4,959
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 1,500 0 0 1,500
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,386 578   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 53,471 45,205 0 6,459
25 Contributions, gifts, grants paid........ 167,678 167,678
26 Total expenses and disbursements. Add lines 24 and 25 221,149 45,205 0 174,137
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 604,792
b Net investment income (if negative, enter -0-) 780,736
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
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...............   591 591
2 Savings and temporary cash investments..........   32,984 32,984
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   55,602 0 0
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 bullet0      
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)........ 1,959,964 Click to see attachment1,955,334 2,066,495
c Investments—corporate bonds (attach schedule)........ 690,694 Click to see attachment1,282,569 1,289,289
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,706,260 3,271,478 3,389,359
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment32,943  
23 Total liabilities (add lines 17 through 22).......... 32,943 0
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......... 2,673,317 3,271,478
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)...... 2,673,317 3,271,478
31 Total liabilities and net assets/fund balances (see instructions).. 2,706,260 3,271,478
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 2,673,317
2 Enter amount from Part I, line 27a..................... 2 604,792
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 6
4 Add lines 1, 2, and 3.......................... 4 3,278,115
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 6,637
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 3,271,478
Form 990-PF (2014)
Form 990-PF (2014)
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 432.223 AMERICAN EUROPACIFIC GRTH F2   2011-12-02 2014-12-01
b 1054.687 NUVEEN REAL ESTATE SECS I   2008-02-01 2014-12-01
c . AMERICAN INTL GROUP INC     2014-12-02
d .5 JARDEN CORP   2011-11-29 2014-12-04
e 173. ALLERGAN INC   2011-11-29 2014-12-17
310. AMERICAN TOWER CORP   2008-02-01 2014-12-17
156. ANADARKO PETROLEUM CORP   2011-11-29 2014-12-17
327. APPLE INC   2008-02-01 2014-12-17
242. BOEING CO   2011-11-29 2014-12-17
499. BRISTOL MYERS SQUIBB CO   2011-11-29 2014-12-17
78. CALIFORNIA RESOURCES CORP   2011-11-29 2014-12-17
377. CAPITAL ONE FINANCIAL CORP   2011-11-29 2014-12-17
159. CATERPILLAR INC   2011-11-29 2014-12-17
472. COCA COLA COMPANY   2011-11-29 2014-12-17
347. DIRECTV   2011-11-29 2014-12-17
384. DOLLAR TREE INC   2011-11-29 2014-12-17
155. DOVER CORP   2011-11-29 2014-12-17
410. DOW CHEM CO   2011-11-29 2014-12-17
308. DR PEPPER SNAPPLE GROUP   2011-11-29 2014-12-17
220. EXXON MOBIL CORP   2002-03-18 2014-12-17
695. FIFTH THIRD BANCORP   2011-11-29 2014-12-17
569. FOOT LOCKER INC   2011-11-29 2014-12-17
328. FREEPORT MCMORAN INC   2011-11-29 2014-12-17
179. GOLDMAN SACHS GROUP INC   2011-11-29 2014-12-17
212. HOME DEPOT INC   2009-03-27 2014-12-17
158. HUMANA INC   2011-11-29 2014-12-17
1000. INTEL CORP   2009-03-27 2014-12-17
102. INTERNATIONAL BUSINESS MACHINES CAPITAL STOCK   2004-07-09 2014-12-17
524. ISHARES BARCLAYS TIPS BOND ETF   2011-11-29 2014-12-17
75. ISHARES JPMORGAN USD EMERG ETF   2011-12-02 2014-12-17
800. J P MORGAN CHASE CO   2008-02-01 2014-12-17
859. JARDEN CORP   2011-11-29 2014-12-17
502. MACYS INC   2011-11-29 2014-12-17
540. MASTERCARD INC   2011-11-29 2014-12-17
111. MCKESSON CORPORATION   2011-11-29 2014-12-17
241. NATIONAL OILWELL VARCO INC   2011-11-29 2014-12-17
354. NOBLE ENERGY INC   2011-11-29 2014-12-17
317. NORDSTROM INC   2011-11-29 2014-12-17
2431.55 NUVEEN HIGH INCOME BOND FD CL I   2008-04-29 2014-12-17
3508.772 NUVEEN STRATEGIC INCOME I   2014-10-07 2014-12-17
4792.705 NUVEEN SMALL CAP SELECT FD CL I   2009-03-27 2014-12-17
1483.68 NUVEEN PREFERRED SECURITIES FUND   2012-08-31 2014-12-17
196. OCCIDENTAL PETROLEUM CORPORATION   2011-11-29 2014-12-17
725. ORACLE CORPORATION   2008-02-01 2014-12-17
1252. PFIZER INC COMMON STOCK   2011-11-29 2014-12-17
119. PIONEER NAT RES CO   2011-11-29 2014-12-17
256. POLARIS INDS INC   2011-11-29 2014-12-17
236. PRUDENTIAL FINANCIAL INC   2011-11-29 2014-12-17
384. QUALCOMM INC   2011-11-29 2014-12-17
23086.275 T ROWE PRICE INTL GRINC FD   2005-12-08 2014-12-17
3482.635 T ROWE PRICE MID CAP VALUE FD INC   2011-11-29 2014-12-17
782. SLM CORP   2011-11-29 2014-12-17
587. SPDR DOW JONES INTERNATIONAL ETF   2011-11-29 2014-12-17
404. SCHLUMBERGER LTD ISIN #AN8068571086   2003-08-22 2014-12-17
487. STARBUCKS CORP   2011-11-29 2014-12-17
180. UNION PACIFIC CORP   2003-08-22 2014-12-17
275. UNITED TECHNOLOGIES CORP   2003-08-22 2014-12-17
265. UNITED HEALTH GROUP INC   2011-11-29 2014-12-17
493. VERIZON COMMUNICATIONS   2011-11-29 2014-12-17
658. WELLS FARGO & CO NEW   2003-08-22 2014-12-17
421. WYNDHAM WORLDWIDE CORP   2011-11-29 2014-12-17
133. ALLEGION PLC   2011-11-29 2014-12-17
400. INGERSOLL RAND PLC   2011-11-29 2014-12-17
130. PERRIGO CO PLC   2013-12-19 2014-12-17
203. ACE LTD   2011-11-29 2014-12-17
239. CHECK POINT SOFTWARE TECH LTD   2011-11-29 2014-12-17
299.109 NUVEEN MID CAP GRWTH OPP FD CL I   2009-03-27 2014-12-18
.4 CALIFORNIA RESOURCES CORP   2011-11-29 2014-12-23
1128. IPATH DOW JONES UBS COMMODITY   2010-11-24 2015-01-15
1266.939 PRICE T ROWE GROWTH STK FD INC COM   2014-12-30 2015-01-15
2052.095 SCOUT INTERNATIONAL FUND   2014-12-30 2015-01-15
995.293 VANGUARD EQUITY INCOME ADM   2014-12-30 2015-01-15
782.411 PRICE T ROWE GROWTH STK FD INC COM   2014-12-30 2015-02-02
205.507 ROWE T PRICE MID-CAP GROWTH FD INC   2011-11-29 2015-02-02
4490.572 SCOUT INTERNATIONAL FUND   2014-12-30 2015-02-02
495.028 VANGUARD EQUITY INCOME ADM   2014-12-30 2015-02-02
908. SPDR DOW JONES INTERNATIONAL ETF   2011-11-29 2015-02-17
1. SECURITY LITIGATION   1911-11-11 2015-04-15
100000. UNITED TECHNOLOGIES 4.875% 5/01/15   2009-03-17 2015-05-01
2027.298 PARAMETRIC EMERGING MARKETS INSTL   2014-12-30 2015-05-05
4296.904 PARAMETRIC EMERGING MARKETS INSTL   2011-11-29 2015-05-05
1000. ASSURED GTY MUN 6.25% PFD   2004-02-27 2015-07-07
457.343 VANGUARD 500 IDX ADML   2014-12-30 2015-08-18
20000. ARCHER DANIELS 5.450% 3/15/18   2008-04-29 2015-09-04
453.933 ABERDEEN FDS EMRGN   2015-02-17 2015-09-14
282.57 CAUSEWAY EMERGING MARKETS INSTL   2015-05-05 2015-09-14
2196.756 GOLDMAN SACHS M C VALUE CL INST   2014-12-17 2015-09-14
8503.686 NUVEEN HIGH INCOME BOND FD CL I   2008-07-02 2015-09-14
1691.878 NUVEEN REAL ESTATE SECS I   2014-12-17 2015-10-07
297.559 PRICE T ROWE GROWTH STK FD INC COM   2014-12-30 2015-10-07
1641. SPDR DOW JONES INTERNATIONAL ETF   2011-11-29 2015-10-07
329.985 VANGUARD 500 IDX ADML   2014-12-30 2015-10-07
103. ISHARES RUSSELL MIDCAP INDEX ETF   2015-09-14 2015-11-16
313.092 ROWE T PRICE MID-CAP GROWTH FD INC   2011-11-29 2015-11-16
4010.888 T ROWE PRICE SMALL CAP STOCK FD 65   2014-12-18 2015-11-16
57.976 VANGUARD EQUITY INCOME ADM   2014-12-30 2015-11-16
36.894 VANGUARD 500 IDX ADML   2014-12-30 2015-11-16
203.088 PRICE T ROWE GROWTH STK FD INC COM   2014-12-30 2015-11-24
52.738 VANGUARD EQUITY INCOME ADM   2014-12-30 2015-11-24
216.454 VANGUARD 500 IDX ADML   2014-12-18 2015-11-24
CAPITAL GAIN 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 21,399   15,819 5,580
b 26,220   19,368 6,852
c 393     393
d 22   7 15
e 35,909   14,127 21,782
29,979   11,877 18,102
12,213   12,060 153
35,600   6,248 29,352
30,153   15,875 14,278
29,416   15,743 13,673
448   631 -183
29,888   15,744 14,144
14,292   14,553 -261
19,550   15,656 3,894
28,856   16,014 12,842
26,065   15,312 10,753
10,929   6,898 4,031
18,277   10,676 7,601
21,667   11,039 10,628
19,694   9,606 10,088
13,545   7,923 5,622
32,080   12,982 19,098
7,259   12,060 -4,801
33,220   16,088 17,132
20,860   5,052 15,808
22,731   13,660 9,071
36,229   15,478 20,751
15,595   8,560 7,035
59,174   61,502 -2,328
8,164   8,195 -31
47,702   38,382 9,320
39,539   11,461 28,078
31,415   15,421 15,994
45,202   19,335 25,867
22,827   8,773 14,054
15,407   14,959 448
16,985   16,511 474
23,914   14,195 9,719
20,109   21,393 -1,284
38,947   40,000 -1,053
59,957   37,910 22,047
25,371   25,000 371
15,237   17,566 -2,329
30,065   14,934 15,131
38,986   24,301 14,685
17,168   10,688 6,480
36,740   15,155 21,585
20,281   11,158 9,123
27,621   20,567 7,054
313,050   324,573 -11,523
97,932   75,155 22,777
7,585   3,436 4,149
24,454   19,152 5,302
33,665   9,928 23,737
39,057   20,658 18,399
20,557   2,709 17,848
31,226   10,953 20,273
26,404   12,200 14,204
22,899   18,137 4,762
35,294   16,269 19,025
34,866   14,478 20,388
7,187   2,447 4,740
24,659   9,734 14,925
20,651   19,787 864
22,798   13,469 9,329
18,510   12,999 5,511
13,867   7,235 6,632
2   3 -1
32,666   50,185 -17,519
63,588   66,210 -2,622
65,564   67,350 -1,786
63,540   65,769 -2,229
40,897   40,889 8
15,378   11,510 3,868
147,695   147,381 314
31,820   32,711 -891
40,040   29,625 10,415
77     77
100,000   103,520 -3,520
30,065   28,846 1,219
63,723   55,040 8,683
23,950   26,144 -2,194
88,738   87,750 988
22,108   20,119 1,989
5,329   6,432 -1,103
2,885   3,634 -749
84,839   88,727 -3,888
65,989   71,191 -5,202
39,370   41,196 -1,826
16,345   15,550 795
66,492   53,540 12,952
60,796   63,314 -2,518
16,453   16,535 -82
25,097   17,536 7,561
173,912   178,292 -4,380
3,745   3,831 -86
7,008   7,079 -71
11,775   10,613 1,162
3,459   3,485 -26
41,858   41,290 568
      53,807
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       5,580
b       6,852
c       393
d       15
e       21,782
      18,102
      153
      29,352
      14,278
      13,673
      -183
      14,144
      -261
      3,894
      12,842
      10,753
      4,031
      7,601
      10,628
      10,088
      5,622
      19,098
      -4,801
      17,132
      15,808
      9,071
      20,751
      7,035
      -2,328
      -31
      9,320
      28,078
      15,994
      25,867
      14,054
      448
      474
      9,719
      -1,284
      -1,053
      22,047
      371
      -2,329
      15,131
      14,685
      6,480
      21,585
      9,123
      7,054
      -11,523
      22,777
      4,149
      5,302
      23,737
      18,399
      17,848
      20,273
      14,204
      4,762
      19,025
      20,388
      4,740
      14,925
      864
      9,329
      5,511
      6,632
      -1
      -17,519
      -2,622
      -1,786
      -2,229
      8
      3,868
      314
      -891
      10,415
      77
      -3,520
      1,219
      8,683
      -2,194
      988
      1,989
      -1,103
      -749
      -3,888
      -5,202
      -1,826
      795
      12,952
      -2,518
      -82
      7,561
      -4,380
      -86
      -71
      1,162
      -26
      568
       
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 2 728,530
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))
2013 356,667 3,798,650 0.093893
2012 166,380 3,531,718 0.04711
2011 163,113 3,348,822 0.048708
2010 156,270 3,387,759 0.046128
2009 140,604 3,138,517 0.0448
2 Total of line 1, column (d) ...................... 2 0.280639
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 0.056128
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 3,533,675
5 Multiply line 4 by line 3....................... 5 198,338
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 7,807
7 Add lines 5 and 6......................... 7 206,145
8 Enter qualifying distributions from Part XII, line 4.............. 8 174,137
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 (2014)
Form 990-PF (2014)
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 Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 15,615
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 15,615
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 15,615
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 1,688
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,688
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 13,927
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 taxBullet0 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$   (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)
    bulletAZ
    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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    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
     
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletUS BANK Telephone no.bullet (503) 464-3580
    Located atbullet555 SW OAKPORTLANDOR ZIP+4bullet97204
    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 2014, 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  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    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 2014?.............
    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 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    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
     
    No
    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 2014 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 2014.)....................
    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 2014?
    4b
     
    No
    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 (2014)
    Form 990-PF (2014)
    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
    US BANK NA TRUSTEE
    1     		49,585    
    PO BOX 3168
    PORTLAND,OR97208
    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  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    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
    3,471,506
    b
    Average of monthly cash balances.......................
    1b
    115,981
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,587,487
    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
    3,587,487
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    53,812
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,533,675
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    176,684
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    176,684
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    15,615
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    15,615
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    161,069
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    161,069
    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
    161,069
    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
    174,137
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    174,137
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    174,137
    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 (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 161,069
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:2012, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 0
    b From 2010....... 0
    c From 2011....... 0
    d From 2012....... 0
    e From 2013....... 1,373
    fTotal of lines 3a through e......... 1,373
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 174,137
    a Applied to 2013, but not more than line 2a 0
    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 2014 distributable amount..... 161,069
    e Remaining amount distributed out of corpus 13,068
    5 Excess distributions carryover applied to 2014. 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 14,441
    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 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. 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) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		14,441
    10 Analysis of line 9:
    a Excess from 2010.... 0
    b Excess from 2011.... 0
    c Excess from 2012.... 0
    d Excess from 2013.... 1,373
    e Excess from 2014.... 13,068
    Form 990-PF (2014)
    Form 990-PF (2014)
    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 2014, 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) 2014 (b) 2013 (c) 2012 (d) 2011
             
    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:
    US BANK CO ROBERT DEPEW
    111 SW 5TH AVE
    PORTLAND,OR97204
    (503) 464-4911
    bThe form in which applications should be submitted and information and materials they should include:
    OBTAIN REQUIREMENTS AND APPLICATION FROM US BANK
    cAny submission deadlines:
    CONTACT US BANK
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NATIVE AND ASIAN AMERICANS PURSUING DEGREES AT THE UNIVERSITY OF ARIZONA
    Form 990-PF (2014)
    Form 990-PF (2014)
    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
    UNIVERSITY OF ARIZONA FOUNDATION
    PLANNED GIFTING OFFICE
    PO BOX 210109
    TUCSON,AZ85721     		NONE SCHOOL FOUNDATION ASIAN AND NATIVE AMERICAN 167,678
    Total .................................bullet 3a 167,678
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    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 97,411  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 728,530  
    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)..   825,941  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13825,941
    (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 (2014)
    Form 990-PF (2014)
    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
    Yes
    No
    organizations?
    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 namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    BETTY B CHASTAIN EDUCATIONAL FOUNDATION
    EIN: 91-6561080
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREP FEES 1,500     1,500

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    BETTY B CHASTAIN EDUCATIONAL FOUNDATION
    EIN: 91-6561080
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GOLDMAN SACHS 5.350 1/15/2016 100,185 100,547
    TARGET CORP 5.375 5/1/2017 98,898 106,008
    ARCHER DANIELS 5.45 3/15/2018 80,478 86,476
    PEPSICO INC 5.00 6/1/2018 99,069 108,754
    UNITED TECHNOLOGIES    
    NUVEEN HIGH INCOME BOND    
    ASSURED GUARANTY MUNI 6.25    
    ISHARES BARCLAYS TIPS BOND ETF 70,473 72,725
    ISHARES JP MORGAN EM BOND FD    
    BAIRD AGGREGATE BOND FD INSTL 300,936 295,293
    DOUBLELINE TOTAL RET BD I 315,273 311,609
    DRIEHAUS ACTIVE INCOME FUND 110,023 106,930
    FEDERATED INST HI YLD BD FD 52,234 50,399
    OPPENHEIMER SNIOR FLOATING RAT 55,000 50,548

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    BETTY B CHASTAIN EDUCATIONAL FOUNDATION
    EIN: 91-6561080
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMERICAN TOWER CORP    
    APPLE INC    
    INT'L BUSINESS MACHINES CORP    
    J P MORGAN CHASE & CO    
    ORACLE CORPORATION    
    UNION PAC CORP    
    UNITED TECHNOLOGIES CORP    
    WELLS FARGO & CO    
    SCHLUMBERGER LTD    
    T ROWE PRICE INTL GR&INC 224,621 248,519
    HOME DEPOT    
    NUVEEN MID CAP GRWTH OPP    
    NUVEEN REAL ESTATE SECUR 83,922 108,334
    NUVEEN SMALL CAP SELECT    
    ALLERGAN INC    
    ANADARKO PETROLEUM CORP    
    BOEING CO    
    BRISTOL MYERS SQUIBB CO    
    CAPITAL ONE FINANCIAL CORP    
    CATERPILLAR INC    
    COCA COLA COMPANY    
    DIRECTV    
    DOLLAR TREE INC    
    DOVER CORP    
    DOW CHEM CO    
    DR PEPPER SNAPPLE GROUP    
    EXXON MOBIL CORP    
    FIFTH THIRD BANCORP    
    FOOT LOCKER INC    
    FREEPORT MCMORAN COPPER GOLD    
    GOLDMAN SACHS GROUP INC    
    HUMANA INC    
    INTEL CORP    
    JARDEN CORP    
    MACYS INC    
    MASTERCARD INC    
    MCKESSON CORPORATION    
    NATIONAL OILWILL VARCO INC    
    NOBEL ENERGY INC    
    NORDSTROM INC    
    OCCIDENTAL PETROLEUM CORP    
    PERRIGO CO    
    PFIZER INC    
    PIONEER NAT RES CO    
    POLARIS INDS INC    
    PRUDENTIAL FINANCIAL INC    
    QUALCOMM INC    
    SLM CORP    
    STARBUCKS CORP    
    TERADATA CORP DEL    
    UNITED HEALTH GROUP INC    
    VERIZON COMM INC    
    WHITING PETROLEUM CORP    
    WILLIAMS SONOMA INC    
    WYNDHAM WORLDWIDE CORP    
    ACE LTD    
    CHECK POINT SOFTWARE TECH LTD    
    INGERSOLL RAND PLC    
    ABERDEEN FDS EMRGN MKT INSTL 80,477 70,360
    AMERICAN EUROPACIFIC GRTH F2 342,930 393,184
    DRIEHAUS ACTIVE INCOME FUND    
    INV BALANCE RISK COMM STR Y    
    IPATH DOW JONES UBS COMMODITY    
    NUVEEN PRERERRED SECURITIES FD    
    SPDR DJ WILSHIRE INTERNATIONAL    
    PARAMETRIC EMERGING MARKETS    
    T ROWE PRIC MID CAP GRWTH 64 49,663 72,716
    T ROWE PRICE MID CAP VALUE FD    
    ALLEGION PLC    
    DOUBLELINE TOTAL RET BD I    
    NUVEEN STRATEGIC INCOME I    
    OPPENHEIMER SENIOR FLT RT    
    CAUSEWAY EMERGING MARKETS INST 87,894 68,893
    LAUDUS INTERNATIONAL MARKETMAS 170,384 172,751
    ROBECO BOSTON PARTNERS L S RSR 112,605 115,244
    VANGURAD 500 INDEX ADMIRAL 308,218 320,257
    VANGUARD EQUITY INCOME ADM 252,087 249,608
    GLENMEDE SC EQUITY PORT ADV 172,268 177,018
    VANGUARD GLBL EX US REAL ESTAT 70,265 69,611

    TY 2014 OtherDecreasesSchedule
    Name:
    BETTY B CHASTAIN EDUCATIONAL FOUNDATION
    EIN: 91-6561080
    Description Amount
       


    TY 2014 OtherIncreasesSchedule
    Name:
    BETTY B CHASTAIN EDUCATIONAL FOUNDATION
    EIN: 91-6561080
    Description Amount
       


    TY 2014 OtherLiabilitiesSchedule
    Name:
    BETTY B CHASTAIN EDUCATIONAL FOUNDATION
    EIN: 91-6561080
    Description Beginning of Year - Book Value End of Year - Book Value
    TOTAL UNINVESTED CASH 32,943  


    TY 2014 TaxesSchedule
    Name:
    BETTY B CHASTAIN EDUCATIONAL FOUNDATION
    EIN: 91-6561080
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL ESTIMATES 1,688 0   0
    FEDERAL TAX PAYMENT - PY 120 0   0
    FOREIGN TAXES 578 578   0