Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
THE RILEY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)4518 POPLAR SPRINGS DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MERIDIAN, MS39305
A Employer identification number

64-0707746
B Telephone number (see instructions)

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$67,087,676J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 2,559,179 2,559,179  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -304,627
b Gross sales price for all assets on line 6a 5,980,641
7 Capital gain net income (from Part IV, line 2)... 609,198
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 169,090 157,771  
12 Total. Add lines 1 through 11........ 2,423,642 3,326,148  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 500,000 111,250   318,250
14 Other employee salaries and wages...... 67,000 6,700   53,600
15 Pension plans, employee benefits....... 153,847 16,130   112,283
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 20,519 5,130   5,130
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 31,640      
19 Depreciation (attach schedule) and depletion... Click to see attachment 94,505    
20 Occupancy.............. 79,258 13,587   42,360
21 Travel, conferences, and meetings....... 3,698 101   3,228
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 89,402 9,261   60,069
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,039,869 162,159   594,920
25 Contributions, gifts, grants paid....... 2,765,139 2,765,927
26 Total expenses and disbursements. Add lines 24 and 25 3,805,008 162,159   3,360,847
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,381,366
b Net investment income (if negative, enter -0-) 3,163,989
c Adjusted net income (if negative, enter -0-)... 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......... 2,691,464 2,455,071 2,455,071
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.......... 8,169 42,690 42,690
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 48,393,448 Click to see attachment47,068,053 47,068,053
c Investments—corporate bonds (attach schedule)....... 15,693,538 Click to see attachment13,761,077 13,761,077
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 170,521 Click to see attachment191,006 191,006
14 Land, buildings, and equipment: basis bullet3,757,857
Less: accumulated depreciation (attach schedule) bullet1,533,863 2,267,905 Click to see attachment2,223,994 3,569,779
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 69,225,045 65,741,891 67,087,676
Liabilities 17 Accounts payable and accrued expenses.......... 1,146 5,442
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 1,146 5,442
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 69,223,899 65,736,449
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 69,223,899 65,736,449
31 Total liabilities and net assets/fund balances (see instructions). 69,225,045 65,741,891
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
69,223,899
2
Enter amount from Part I, line 27a .....................
2
-1,381,366
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
67,842,533
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,106,084
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
65,736,449
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 MARATHON OIL 17600 SHARES P 2012-08-23 2015-02-25
b UNILEVER 11720 SHARES P 2010-07-05 2015-03-09
c TRANSOCEAN CORP BOND P 2013-10-16 2015-04-29
d EXXON 3440 SHARES P 2001-02-08 2015-05-21
e UNILEVER 2290 SHARES P 2010-12-03 2015-06-05
LLOYDS BANKING 44000 FIXED P 2011-06-23 2015-07-15
UNILEVER 10187 SHARES P 2014-03-07 2015-08-12
VERIZON 3146 SHARES P 2006-02-09 2015-08-12
WELLS FARGO 14000 SHARES P 2010-08-05 2015-09-11
HOSPICA SETTLEMENT P 2014-09-09 2015-09-09
PRUDENTIAL CORP BOND P 2009-06-30 2015-09-10
AMERICAN EXPRESS CORP BOND P 2008-09-03 2015-09-10
RAYMOND JAMES 39088 SHARES P 2013-07-08 2015-09-11
BLACKSTONE 7627 SHARES P 2014-03-09 2015-09-10
AUTOZONE CORP BOND P 2006-03-09 2015-11-16
PJT PTRS P 2014-11-02 2015-11-02
BLACKSTONE 3815 SHARES P 2014-03-09 2015-11-24
WALMART 4845 SHARES P 1998-03-30 2015-11-24
(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 506,074   369,841 136,233
b 499,878   273,841 226,037
c 420,000   566,229 -146,229
d 299,621   146,219 153,402
e 99,927   67,278 32,649
1,100,000   1,184,451 -84,451
446,285   358,620 87,665
150,036   92,325 57,711
493,771   507,600 -13,829
1,603     1,603
131,676   92,005 39,671
50,000   50,000  
1,013,288   1,015,873 -2,585
257,499   288,114 -30,615
100,000   95,305 4,695
4,036     4,036
116,577   142,244 -25,667
290,369   121,497 168,872
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        
b        
c        
d        
e        
       
       
       
       
       
       
       
       
       
       
       
       
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 609,198
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 2,631,732 64,576,711 0.040754
2013 1,541,371 58,860,587 0.026187
2012 3,043,659 53,852,834 0.056518
2011 4,850,436 53,173,393 0.091219
2010 2,069,069 50,032,501 0.041354
2
Total of line 1, column (d) .....................
20.256032
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
0.051206
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
64,783,391
5
Multiply line 4 by line 3......................
5
3,317,298
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
31,640
7
Add lines 5 and 6........................
7
3,348,938
8
Enter qualifying distributions from Part XII, line 4.............
8
3,405,429
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 31,640
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 31,640
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 31,640
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 67,389
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 67,389
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 35,749
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet35,749 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMS
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.RILEYFOUNDATION.ORG
    14
    The books are in care ofbulletROBERT B DEEN Jr Telephone no.bullet (601) 481-1430

    Located atbullet4518 POPLAR SPRINGS DRIVEMERIDIANMS ZIP+4bullet39305
    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
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ROBERT B DEEN Jr CHAIRMAN CEO
    30.00     		150,000 53,861 0
    4518 POPLAR SPRINGS DRIVE
    MERIDIAN,MS39305
    MARTY DAVIDSON PRESIDENT TREASURER
    15.00     		115,000 0 0
    BOX 3804
    MERIDIAN,MS39303
    MALCOLM PORTERA VP SECRETARY
    10.00     		45,000 0 0
    6721 WATERFRONT
    Tuscaloosa,AL35406
    BECKY G FARLEY EXECUTIVE DIRECTOR
    40.00     		105,000 49,596 0
    500 AUGUSTA DRIVE
    Meridian,MS39305
    EDWIN DOWNER DIRECTOR
    5.00     		12,250 0 0
    ALDERSGATE RETIRMENT COMMUNITY 110
    Meridian,MS39305
    TOMMY DULANEY DIRECTOR
    5.00     		12,750 0 0
    BOX 2929
    MERIDIAN,MS39302
    MANNY MITCHELL DIRECTOR
    5.00     		12,000 0 0
    100 49TH AVENUE
    Meridian,MS39305
    CHRISTINE RILEY DIRECTOR
    5.00     		12,000 0 0
    3715 HIGHWAY 39 N
    Meridian,MS39305
    GAIL W RILEY DIRECTOR
    5.00     		12,000 0 0
    7651 STOCKTON AVE
    El Cerrito,CA94530
    MARY ANN RILEY DIRECTOR
    5.00     		12,000 0 0
    1805 36TH ST
    Meridian,MS39305
    RICHARD F RILEY JR DIRECTOR
    5.00     		12,000 0 0
    2630 THRUSH ROAD
    Charlottesville,VA22901
    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
    BEVERLY J BRYSON ADMINISTRATIVE
    40.00     		67,000 27,560 0
    7969 KING ROAD
    Meridian,MS39305
    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.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    63,331,095
    b
    Average of monthly cash balances.......................
    1b
    2,124,301
    c
    Fair market value of all other assets (see instructions)................
    1c
    314,544
    d
    Total (add lines 1a, b, and c).........................
    1d
    65,769,940
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    65,769,940
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    986,549
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    64,783,391
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,239,170
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    3,239,170
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    31,640
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    31,640
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,207,530
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    3,207,530
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    3,207,530
    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
    3,360,847
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    44,582
    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
    3,405,429
    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
    31,640
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,373,789
    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 3,207,530
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011...... 363,096
    c From 2012...... 401,769
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........ 764,865
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 3,405,429
    a Applied to 2014, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2015 distributable amount..... 3,207,530
    e Remaining amount distributed out of corpus 197,899
    5 Excess distributions carryover applied to 2015.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 962,764
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		962,764
    10 Analysis of line 9:
    a Excess from 2011.... 363,096
    b Excess from 2012.... 401,769
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015.... 197,899
    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).)
    NONE
    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.
    NONE
    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:
    BECKY FARLEY
    4518 POPLAR SPRINGS DRIVE
    MERIDIAN,MS39305
    (601) 481-1430
    bThe form in which applications should be submitted and information and materials they should include:
    FOUNDATION APPLICATIONS PROVIDED UPON REQUEST
    cAny submission deadlines:
    REFER TO WEBSITE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    LAUDERDALE COUNTY MISSISSIPPI
    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
    BOYS AND GIRLS CLUBS OF EAST MS
    P O BOX 4202
    Meridian,MS39307     		    SUMMER WORK PROGRAM 4,000
    BOYS AND GIRLS CLUBS OF EAST MS
    P O BOX 4202
    Meridian,MS39304     		    2015 SUMMER LEARNING PROGRAM 50,000
    BOYS AND GIRLS CLUBS OF EAST MS
    P O BOX 4202
    Meridian,MS39304     		    EXTREME IMPACT 25,000
    CARE LODGE DOMESTIC VIOLENCE
    P O BOX 5331
    Meridian,MS39302     		    SUMMER WORK PROGRAM 4,000
    EAST MS FOOTHILLS LAND TRUST INC
    2401 11TH STREET
    Meridian,MS39301     		    SUMMER WORK PROGRAM 4,000
    EXPONENT PHILANTHROPY
    P O BOX 247
    Winooski,VT05404     		    OPERATING SUPPORT 750
    FEED BY FAITH
    P O BOX 1064
    Meridian,MS39302     		    SERVE HOT MEALS TO NEEDY 35,000
    FEED BY FAITH
    P O BOX 1064
    Meridian,MS39302     		    OPERATING SUPPORT 5,000
    FREE CLINIC OF MERIDIAN INC
    4707 POPLAR SPRINGS DR
    Meridian,MS39305     		    FREE MEDICAL CARE 20,000
    FREE CLINIC OF MERIDIAN INC
    4707 POPLAR SPRINGS DR
    Meridian,MS39305     		    SUMMER WORK PROGRAM 4,000
    HOPE VILLAGE FOR CHILDREN
    P O BOX 26
    Meridian,MS39302     		    CANOPY REPAIR PROJECT 75,000
    JIMMIE RODGERS FOUNDATION
    1725 JIMMIE RODGERS DRIVE
    Meridian,MS39301     		    SUMMER WORK PROGRAM 4,000
    LAUDERDALE COUNTY
    212 CONSTITUTION AVE
    Meridian,MS39301     		    SUMMER WORK PROGRAM 4,000
    LOVE INC
    P O BOX 562
    Meridian,MS39302     		    OPERATING SUPPORT 10,000
    MERIDIAN ART ASSOCIATION INC
    P O BOX 5773
    Meridian,MS39302     		    OPERATING SUPPORT 10,000
    MERIDIAN ART ASSOCIATION INC
    P O BOX 5773
    Meridian,MS39301     		    SUMMER WORK PROGRAM 4,000
    MERIDIAN COMMUNITY COLLEGE FDN
    910 HIGHWAY 19 NORTH
    Meridian,MS39307     		    SCHOLARSHIPS 15,000
    MERIDIAN COMMUNITY COLLEGE FDN
    910 HIGHWAY 19 NORTH
    Meridian,MS39307     		    BEST EARLY EDUCATION PRACTICES 50,000
    MERIDIAN COMMUNITY COLLEGE FDN
    910 HIGHWAY NORTH
    Meridian,MS39307     		    COLLEGE WORKFORCE DEVELOPMENT CENTER 740,000
    MERIDIAN COMMUNITY COLLEGE FDN
    910 HIGHWAY 19 NORTH
    Meridian,MS39307     		    SCHOLARSHIPS 15,750
    MERIDIAN DISTRICT UMC
    6210 HWY 39 NORTH
    Meridian,MS39305     		    OPERATING SUPPORT FOR LAUDERDALE COUNTY 10,000
    MERIDIAN LITTLE THEATER
    4344 HIGHWAY 39 N
    Meridian,MS39301     		    SUMMER WORK PROGRAM 4,000
    MERIDIAN PERFORMING ARTS CENTER
    3650 23RD AVE
    Meridian,MS39301     		    SUMMER WORK PROGRAM 4,000
    MERIDIAN PUBLIC SCHOOL DISTRICT
    1019 25TH AVE
    Meridian,MS39301     		    BACKGROUND CHECKS FOR VOLUNTEERS 2,500
    MERIDIAN SYMPHONY ASSOCIATION INC
    P O BOX 2171
    Meridian,MS39302     		    SUMMER WORK PROGRAM 4,000
    MERIDIAN SYMPHONY ASSOCIATION INC
    P O BOX 2171
    Meridian,MS39302     		    SPONSOR CONCERTS 40,000
    ALDERSGATE RETIREMENT COMMUNITY INC
    6600 POPLAR SPRINGS DRIVE
    Meridian,MS39305     		    SUMMER WORK PROGRAM 4,000
    MISSISSIPPI ARTS AND ENTERTAINMENT
    2118 FRONT STREET
    Meridian,MS39301     		    SUMMER WORK PROGRAM 4,000
    MISSISSIPPI ARTS COMMISSION
    501 NORTH WEST STREET
    Jackson,MS39201     		    INITIATIVE SUMMER INSTITUTE 10,000
    MISSISSIPPI JUNIOR MS PROGRAM
    P O BOX 582
    Meridian,MS39302     		    SUMMER WORK PROGRAM 4,000
    MISSISSIPPI STATE FOUNDATION
    P O BOX 6149
    Mississippi State,MS39762     		    NEXT STEP SCHOLARSHIP PROGRAM 199,228
    MISSISSIPPI STATE FOUNDATION
    P O BOX 6149
    Mississippi State,MS39762     		    RENOVATION KRESS BUILDING 1,032,038
    MISSISSIPPI STATE FOUNDATION
    P O BOX 6149
    Meridian,MS39302     		    SUPPLEMENT HIGHER PROFILE ARTISTS 50,000
    MISSISSIPPI STATE FOUNDATION
    P O BOX 6149
    Mississippi State,MS39762     		    SUMMER WORK PROGRAM 4,000
    MISSISSIPPI STATE FOUNDATION
    P O BOX 6149
    Mississippi State,MS39762     		    HIGHER PROFILE ARTISTS FOR RILEY CENTER 62,500
    MISSISSIPPI STATE FOUNDATION
    P O BOX 6149
    Mississippi State,MS39762     		    RILEY SCHOLARS PROGRAM 50,000
    MISSISSIPPI STATE FOUNDATION
    P O BOX 6149
    Mississippi State,MS39762     		    TECHNOLOGY UPGRADES FOR RILEY CAMPUS 147,961
    THE MONTGOMERY INSTITUTE
    200 24TH AVE SOUTH
    Meridian,MS39301     		    SUMMER WORK PROGRAM 4,000
    MULTI COUNTY COMMUNITY SERVICE
    P O BOX 905
    Meridian,MS39301     		    SOUTH HARBOR HOMELESS SHELTER 25,000
    MULTI COUNTY COMMUNITY SERVICE
    P O BOX 905
    Meridian,MS39302     		    SUMMER WORK PROGRAM 4,000
    MULTI COUNTY COMMUNITY SERVICE
    P O BOX 905
    Meridian,MS39302     		    OPERATING SUPPORT 5,000
    SOUTHEASTERN COUNCIL OF FOUNDATIONS
    50 HURT PLAZA
    Meridian,MS39303     		    OPERATING SUPPORT 4,200
    STATE GAMES OF MISSISSIPPI
    5201 14TH STREET
    Meridian,MS39307     		    SUMMER WORK PROGRAM 4,000
    HOUSING AUTHORITY OF MERIDIAN
    2425 E STREET
    Meridian,MS39301     		    SUMMER WORK PROGRAM 4,000
    UNITED WAY OF EAST MS INC
    2003 23RD AVE
    Meridian,MS39301     		    SUMMER WORK PROGRAM 4,000
    Total .................................bullet 3a 2,765,927
    bApproved for future payment
    MISSISSIPPI STATE FOUNDATON
    P O BOX 6149
    Mississippi State,MS39762     		    RENOVATION OF KRESS BUILDING 8,937,500
    MS ARTS AND ENTERTAINMENT CENTER
    P O BOX 0148
    Meridian,MS39302     		    CONSTRUCTION AND EXHIBITS 4,000,000
    BOYS AND GIRLS CLUBS OF EAST MS
    P O BOX 4202
    Meridian,MS39304     		    SUMMER LEARNING PROGRAM 25,000
    MERIDIAN COMMUNITY COLLEGE FDN
    910 HIGHWAY 19 NORTH
    Meridian,MS39307     		    COLLEGE WORKFORCE DEVELOPMENT CENTER 2,960,000
    LOVES KITCHEN
    P O BOX 562
    Meridian,MS39302     		    OPERATING SUPPORT AND KITCHEN EQUIPMENT 10,000
    MERIDIAN ART ASSOCIATION INC
    P O BOX 5773
    Meridian,MS39301     		    OPERATING SUPPORT 10,000
    MISSISSIPPI STATE FOUNDATION
    P O BOX 6149
    Mississippi State,MS39762     		    SCHOLARSHIPS 50,000
    MULTI COUNTY COMMUNITY SERVICE
    P O BOX 905
    Meridian,MS39302     		    OPERATING SUPPORT FOR HOMELESS SHELTER 100,000
    Total .................................bullet 3b 16,092,500
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		         
    4 Dividends and interest from securities....     14 2,559,179  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....     15 169,090  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 -304,627  
    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)..   2,423,642  
    13Total. Add line 12, columns (b), (d), and (e)..................
    132,423,642
    (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:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Monthly accounting 5,719 1,430 0 1,430
    IRS filings 5,000 1,250 0 1,250
    Financial audit 9,800 2,450 0 2,450

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

    TY 2015 DepreciationSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    BUILDING 2000-06-18 3,066,860 1,111,743 SL 40 76,671 0 0  
    BUILDING ADDITION 2001-06-14 13,858 4,672 SL 40 346 0 0  
    BINDING MACHINE 1999-08-02 300 300 SL 5 0 0 0  
    PROJECTOR 2001-08-16 4,815 4,815 SL 7 0 0 0  
    CANON POWERSHOOT 2003-01-24 922 922 SL 5 0 0 0  
    OFFICE SHREDDER 2006-05-17 460 460 SL 5 0 0 0  
    PAINTINGS 1999-12-31 800 800 SL 10 0 0 0  
    FURNISHINGS 2000-06-17 264,818 264,818 SL 10 0 0 0  
    FURNISHINGS 2000-06-17 671 671 SL 5 0 0 0  
    FURNISHINGS 2002-11-08 7,575 7,575 SL 10 0 0 0  
    FURNISHINGS 2005-08-24 6,561 6,142 SL 10 419 0 0  
    LAPTOP 2009-09-01 1,679 1,679 SL 5 0 0 0  
    DESKTOP COMPUTER 2010-05-26 1,503 1,379 SL 5 124 0 0  
    SERVER 2010-08-03 6,892 5,971 SL 5 921 0 0  
    PAINTINGS BOARD ROOM 2011-01-19 10,000 3,917 SL 10 1,000 0 0  
    HVAC REPAIRS 2011-03-15 22,075 8,279 SL 10 2,207 0 0  
    APPLE MACBOOK 2011-03-15 1,485 1,114 SL 5 297 0 0  
    CARPET 2011-08-16 6,033 2,010 SL 10 603 0 0  
    TABLES BOARD ROOM 2011-09-13 3,895 1,266 SL 10 390 0 0  
    SAVIN COPIER 2011-09-13 8,440 5,486 SL 5 1,688 0 0  
    FRAMED PHOTOTS 2012-03-20 1,867 514 SL 10 187 0 0  
    DISHWASHER 2012-05-07 1,163 300 SL 10 116 0 0  
    EXCERCISE EQUIPMENT 2012-10-09 3,554 799 SL 10 355 0 0  
    WORK STATION HP 2013-02-27 2,276 834 SL 5 455 0 0  
    DOUBLE GATE 2013-09-01 8,248 733 SL 15 550 0 0  
    GIFTS PROGRAM 2014-02-26 5,885 589 SL 5 1,177 0 0  
    HVAC SYSTEM 2014-02-28 47,500 1,188 SL 20 2,375 0 0  
    HP WORKSTATION 2014-04-25 2,536 254 SL 5 507 0 0  
    HP WORKSTATION 2014-05-19 1,279 128 SL 5 256 0 0  
    BOARD ROOM CHAIRS 2015-03-15 13,045 0 SL 10 978 0 0  
    PHONE SYSTEM 2015-06-18 11,304 0 SL 5 1,130 0 0  
    SMOKE DETECTORS 2015-06-18 2,478 0 SL 5 248 0 0  
    CAMERA SYSTEM 2015-06-18 3,488 0 SL 5 349 0 0  
    ACCESS CONTROL 2015-06-18 3,294 0 SL 5 329 0 0  
    BURGLAR ALARM SYSTEM 2015-06-18 3,923 0 SL 5 392 0 0  
    COMPUTER 2015-10-30 2,129 0 SL 5 71 0 0  
    LAPTOP 2015-10-30 2,534 0 SL 5 84 0 0  
    COMPUTER 2015-10-30 8,399 0 SL 5 280 0 0  

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICAN EXPRESS 50,000 0 0
    AUTOZONE 100,000 0 0
    JP MORGAN CHASE 330,000 329,538 329,538
    JP MORGAN CHASE 310,000 337,900 337,900
    JP MORGAN CHASE 460,000 468,280 468,280
    M&T BANK CORP 925,000 925,000 925,000
    MOUNTAIN STS TEL 500,000 532,330 532,330
    GOLDMAN SACHS 250,000 282,613 282,613
    METLIFE INC 250,000 254,375 254,375
    US WEST COMMUNICATION 975,000 957,938 957,938
    WELLS FARGO 675,000 701,156 701,156
    METLIFE INC 250,000 273,125 273,125
    NATIONWIDE FINL 1,150,000 1,150,000 1,150,000
    KINDER MORGAN 550,000 472,477 472,477
    WELLS FARGO 450,000 473,625 473,625
    FIFTH THIRD BANCORP 103,000 143,420 143,420
    TRANSOCEAN INC 560,000 0 0
    MERRILL LYNCH 100,000 135,678 135,678
    HUMANA 250,000 339,745 339,745
    PRUDENTIAL FINANCIAL 115,000 0 0
    NEWMONT MINING 105,000 83,880 83,880
    FREEPORT MCMORGAN 470,000 244,400 244,400
    KINROSS GOLD 1,100,000 602,712 602,712
    LEUCADIA NATIONAL 550,000 448,838 448,838
    INTEGRYS ENERGY 100,000 76,000 76,000
    ENTERGY MS 10,000 258,300 258,300
    RAYMOND JAMES FINL 39,088 0 0
    LLOYDS BANKING 44,000 0 0
    NEXTERA ENERGY CAPITAL 70,000 53,262 53,262
    AMERICAN INTL GROUP 460,000 604,900 604,900
    KKR FINANCIAL HOLDING 23,000 601,910 601,910
    SCE TR IV PFD 21,000 570,360 570,360
    U S WEST COMM 280,000 265,860 265,860
    LINCOLN NATIONAL 1,250,000 962,500 962,500
    ASSURED GTY US 1,113,000 779,100 779,100
    CORTS AON CAP 14,136 431,855 431,855

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LAB 7875 SHS COMMON 353,666 353,666
    ALTRIA GROUP 45283 SHS COMMON 2,635,923 2,635,923
    AMERIGAS PTS 24050 SHS COMMON 824,194 824,194
    APPLE INC 16900 SHS COMMON 1,778,894 1,778,894
    ASTRAZENECA PLC 32916 SHS COM 1,117,498 1,117,498
    ABBVIE INC 16119 SHS COMMON 954,890 954,890
    ATT 33672 SHS COMMON 1,158,654 1,158,654
    ATMOS ENERGY 15290 SHS COMMON 963,882 963,882
    BLACKSTONE GROUP 3812 SHS 111,463 111,463
    BROWN FORMAN 15500 SHS COMMON 1,538,840 1,538,840
    CATERPILLAR 13490 SHS COMMON 916,780 916,780
    COCA COLA 17800 SHS COMMON 764,688 764,688
    COMPASS MIN 9470 SHS COMMON 712,807 712,807
    DR PEPPER 16014 SHS COMMON 1,492,505 1,492,505
    ENERGY TRANSFER 15515 SHS COM 523,321 523,321
    EXXON MOBIL 4560 SHS COMMON 355,452 355,452
    FORTUNE BRANDS 20840 SHS COMM 1,156,620 1,156,620
    GENUINE PARTS 13000 SHS COMM 1,116,570 1,116,570
    HOME DEPOT 10857 SHS COMMON 1,435,838 1,435,838
    JOHNSON JOHNSON 10000 SHS COM 1,027,200 1,027,200
    JP MORGAN 3300 SHS COMMON 217,899 217,899
    KELLOG 17983 SHS COMMON 1,299,631 1,299,631
    LOCKHEED MARTIN 9250 SHS COMM 2,008,638 2,008,638
    MARATHON OIL 24600 SHS COMMON 1,275,264 1,275,264
    MARATHON PETRO 12300 SHS COMM 0 0
    MONDELEZ INTL 18540 SHS COMM 831,334 831,334
    MERCK 19043 SHS COMMON 1,024,866 1,024,866
    NEOGEN CP 25893 SHS COMMON 1,463,472 1,463,472
    NORFOLK SOUTH 8700 SHS COMMON 735,933 735,933
    PHILIP MORRIS 24270 SHS COMM 2,133,576 2,133,576
    PUBLIC STORAGE 7550 SHS COMM 1,870,135 1,870,135
    RAYTHEON 13925 SHS COMMON 1,734,080 1,734,080
    REALTY INCOM 24478 SHS COMMON 1,263,799 1,263,799
    SHERWIN WILLIAMS 8095 SHS COM 2,101,462 2,101,462
    SUNOCO 54600 SHS COMMON 1,403,220 1,403,220
    TC PIPELINE 13200 SHS COMMON 656,172 656,172
    TRIMBLE 27000 SHS COMMON 579,150 579,150
    UNILEVER 24197 SHS COMMON 0 0
    VERIZON COMM 24037 SHS COMMON 1,110,990 1,110,990
    WAL MART 4845 SHS COMMON 296,998 296,998
    YUM BRANDS 18100 SHS COMMON 1,322,205 1,322,205
    HSBC HOLDINGS 2000 SHS PFD 53,380 53,380
    HSBC HOLDINGS 41000 SHS PFD 1,068,870 1,068,870
    RENAISSANCERE 14353 SHS PFD 368,894 368,894
    STATE CST CO 14000 SHS PFD 387,520 387,520
    VORNADO REALTY 36000 SHS PFD 920,880 920,880
    WELLS FARGO 18000 SHS PFD 0 0

    TY 2015 InvestmentsOtherSchedule2
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ALTERNATIVE INVESTMENT   30,300 30,300
    ACCRUED INTEREST   160,706 160,706

    TY 2015 LandEtcSchedule2
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND 203,313 0 203,313 203,313
    BUILDING AND ADDITIONS 3,136,466 1,198,278 1,938,188 3,136,466
    OFFICE EQUIPMENT 101,650 43,879 57,771 30,000
    FURNISHINGS 316,428 291,706 24,722 200,000


    TY 2015 OtherDecreasesSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Description Amount
    Unrealized losses 2,106,084


    TY 2015 OtherExpensesSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment expense 456 456 0 0
    Insurance 29,432 7,358 0 7,358
    Office supplies 14,435 0 0 13,100
    Dues and subscriptions 5,815 396 0 3,131
    Postage 653 0 0 420
    Telephone 10,514 1,051 0 7,999
    Program expense 28,097 0 0 28,061


    TY 2015 OtherIncomeSchedule2
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Partnership distributions 149,809 149,809 0
    Partnership income 2,749 2,749 0
    Reciprocal and insurance 5,213 5,213 0
    Power refund 11,319 0 0


    TY 2015 TaxesSchedule
    Name:
    THE RILEY FOUNDATION
    EIN:
    64-0707746
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise tax on investment 31,640 0 0 0