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
QUAIL ROOST FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)16 E LANCASTER AVENUE SUITE 102
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ARDMORE, PA19003
A Employer identification number

76-0754268
B Telephone number (see instructions)

(575) 770-8247
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$4,426,527J 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) 100
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 18,584 18,584 18,584
4 Dividends and interest from securities... 68,198 68,198 68,198
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -10,219
b Gross sales price for all assets on line 6a 2,010,816
7 Capital gain net income (from Part IV, line 2)...  
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).......      
12 Total. Add lines 1 through 11........ 76,663 86,782 86,782
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 7,350 3,675   3,674
c Other professional fees (attach schedule).... Click to see attachment 64,510 42,013   22,497
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 521     521
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 7,514 750   6,764
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 3,831 287   3,544
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 83,726 46,725   37,000
25 Contributions, gifts, grants paid....... 308,000 308,000
26 Total expenses and disbursements. Add lines 24 and 25 391,726 46,725   345,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -315,063
b Net investment income (if negative, enter -0-) 40,057
c Adjusted net income (if negative, enter -0-)... 86,782
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......... 274,443 101,232 101,232
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.......... 6,894 8,814  
10a Investments—U.S. and state government obligations (attach schedule) 456,997 Click to see attachment421,053 421,528
b Investments—corporate stock (attach schedule)....... 2,457,910 Click to see attachment2,377,945 2,572,158
c Investments—corporate bonds (attach schedule)....... 1,419,537 Click to see attachment1,391,674 1,331,609
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 4,615,781 4,300,718 4,426,527
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 4,615,781 4,300,718
30 Total net assets or fund balances (see instructions)..... 4,615,781 4,300,718
31 Total liabilities and net assets/fund balances (see instructions). 4,615,781 4,300,718
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
4,615,781
2
Enter amount from Part I, line 27a .....................
2
-315,063
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
4,300,718
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
4,300,718
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 CALVERT BOND PORT P 2014-06-02 2015-05-11
b APPLE INC P 2014-09-03 2015-02-13
c E M C CORP P 2014-09-03 2015-01-06
d HEWLETT-PACKARD CO P 2014-09-03 2015-07-30
e MINERALS TECH P 2015-12-03 2015-12-21
SOUTHWEST AIRLINES P 2015-03-20 2015-04-27
UNION PACIFIC CORP P 2014-10-23 2015-04-27
ILLINOIS TOOL WORKS P 2014-09-03 2015-09-17
RI ST & PROV P 2014-10-17 2015-11-25
CALVERT BOND PORT P 2014-01-01 2015-05-11
AVISTA CORPORATION P 2014-09-03 2015-04-27
EAGLE BANCORP P 2014-09-03 2015-01-06
HOST HOTEL P 2014-09-03 2015-03-20
NOBLE CORP P 2015-11-12 2015-12-22
ST JUDE MEDICAL P 2014-09-03 2015-01-06
UNION PACIFIC CORP P 2014-11-14 2015-04-27
NOVARTIS AG P 2014-09-19 2015-11-12
TOYOTA AUTO RECEIVA P 2014-10-01 2015-10-19
CALVERT SOCIAL INVS P 2010-06-30 2015-06-30
AVISTA CORPORATION P 2014-09-19 2015-04-27
EBAY INC P 2015-06-11 2015-09-17
INTEL CORP P 2014-09-03 2015-03-20
NOBLE CORP P 2015-12-14 2015-12-22
STARBUCKS CORP P 2015-03-20 2015-05-06
US TREASURIES NT P 2015-03-26 2015-08-24
NOVARTIS AG P 2014-10-23 2015-11-12
PARNASSUS MID CAP P 2014-01-01 2015-05-11
AVISTA CORPORATION P 2014-09-19 2015-05-11
EBAY INC P 2015-07-30 2015-09-17
INTERFACE INC P 2015-09-17 2015-10-07
NORFOLD SOUTHERN CORP P 2014-09-03 2015-01-12
SUPERIOR ENERGY P 2015-06-11 2015-07-30
US TREASURIES NT P 2015-03-26 2015-09-15
POWERSHARES P 2014-09-03 2015-10-07
PORTFOLIO 21 GLOBAL P 2010-03-03 2015-05-11
AVISTA CORPORATION P 2014-10-02 2015-05-11
ESTEE LUDERCO INC P 2015-06-11 2015-09-17
JOHNSON & JOHNSON P 2014-09-03 2015-02-02
NOVARTIS AG P 2015-03-20 2015-11-12
SUPERIOR ENERGY P 2015-09-17 2015-12-14
US TREASURIES NT P 2015-09-30 2015-10-16
TIME WARNER INC P 2014-09-03 2015-09-17
SIT US GOVT P 2011-03-17 2015-08-24
AVISTA CORPORATION P 2015-01-15 2015-05-11
EXPEDIA INC P 2014-09-03 2015-01-12
JPMORGAN CHASE & CO P 2014-09-03 2015-01-15
PAX MSCI INTL P 2015-04-27 2015-06-11
SUPERIOR ENERGY P 2015-10-07 2015-12-14
US TREASURIES NT P 2015-09-30 2015-11-12
VF CORPORATION P 2014-10-23 2015-12-03
TEMPLETON GLOBAL BOND P 2010-03-03 2015-08-24
BROCADE COMMUN P 2014-09-03 2015-07-30
FRONTIER COMM P 2014-09-03 2015-05-22
JPMORGAN CHASE & CO P 2014-09-03 2015-02-13
PAYPAL HOLDINGS P 2015-06-11 2015-11-12
SUPERIOR ENERGY P 2015-10-16 2015-12-14
VOYA FINANCIAL P 2015-03-20 2015-10-07
3M COMPANY P 2014-09-03 2015-09-17
ACTAVIS PLC P 2015-03-17 2015-03-18
BT GROUP PLC P 2015-05-22 2015-09-17
GOOGLE INC P 2014-09-03 2015-01-06
KIMBERLY-CLARK P 2014-09-03 2015-02-13
PNC FINANCIAL P 2015-03-20 2015-04-27
SYNAPTICS INC P 2014-09-03 2015-01-06
VOYA FINANCIAL P 2015-04-27 2015-10-07
AMERICAN EXPRESS P 2014-09-18 2015-06-26
ACTAVIS PLC P 2015-03-17 2015-03-20
CANADIAN PUBLIC RAILWAY P 2014-09-03 2015-01-06
HANESBRANDS INC P 2014-09-03 2015-01-12
LAM RESEARCH CORP P 2014-09-19 2015-01-12
PRINCIPAL FINANCIAL P 2014-09-03 2015-01-12
TARGET CORP P 2015-03-20 2015-09-17
WATERS CORP P 2015-06-11 2015-10-07
ECOLAB, INC P 2014-09-25 2015-08-09
ALLERGAN INC P 2014-09-03 2015-03-17
CHIPOTLE MEXICAN GRILL P 2014-09-19 2015-03-20
HANESBRANDS INC P 2014-09-03 2015-04-27
MEDTRONIC INC P 2014-09-03 2015-01-27
PROGRESSIVE CO OHIO P 2015-09-17 2015-12-03
TARGET CORP P 2015-07-30 2015-09-17
WYNDHAM WORLDWIDE P 2014-12-12 2015-07-30
INTEL CORP P 2014-10-17 2015-07-23
AMEDISYS INC P 2014-12-12 2015-04-27
CHIPOTLE MEXICAN GRILL P 2014-10-02 2015-03-20
HESS CORP P 2014-09-03 2015-01-06
MEDTRONIC INC P 2015-01-27 2015-02-13
SCHOLASTIC CORP P 2015-07-30 2015-10-17
THE WHITEWAVE FOODS P 2014-09-03 2015-01-12
XEROX CORP P 2014-09-03 2015-04-27
PRAXAR INC P 2014-09-19 2015-06-26
AMEDISYS INC P 2015-02-13 2015-04-27
CITIGROUP INC P 2015-06-11 2015-09-17
HESS CORP P 2015-04-27 2015-06-11
MEDTRONIC INC P 2015-01-27 2015-09-17
SEALED AIR CORP P 2015-06-11 2015-12-03
THE WHITEWAVE FOODS P 2014-09-19 2015-01-12
3M COMPANY P 2014-09-03 2015-07-30
UNIV MN P 2014-09-29 2015-02-01
AMEDISYS INC P 2015-09-17 2015-10-07
CITIGROUP INC P 2015-07-30 2015-09-17
HESS CORP P 2015-05-06 2015-06-11
MICROSOFT CORP P 2014-09-03 2015-02-13
SEALED AIR CORP P 2015-10-07 2015-12-03
TJX COMPANIES P 2015-09-17 2015-12-03
3M COMPANY P 2014-10-23 2015-09-17
US TREASURIES NT P 2014-09-25 2015-06-26
AMERICAN STATES WTR P 2015-05-11 2015-06-11
COSTCO WHOLESALE P 2014-12-12 2015-06-11
HESS CORP P 2015-07-30 2015-06-11
MICROSOFT CORP P 2014-09-03 2015-03-20
SEALED AIR CORP P 2015-10-16 2015-12-03
TRAVELERS COMPANY P 2014-12-12 2015-09-17
CALERES INC P 2014-09-03 2015-12-03
JOHN DEERE CAPITA P 2014-09-23 2015-11-24
AMERIPRISE FINANCIAL P 2014-12-12 2015-09-17
COSTCO WHOLESALE P 2015-02-13 2015-06-11
HEWLETT-PACKARD CO P 2014-09-03 2015-03-20
MINERALS TECH P 2014-09-03 2015-01-06
SOUTHWEST AIRLINES P 2015-02-13 2015-04-27
TRAVELERS COMPANY P 2015-02-13 2015-09-17
FEDEX CORP P 2014-09-03 2015-09-17
KS ST DEV P 2014-10-08 2015-11-01
(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 34,648   33,920 728
b 10,684   8,443 2,241
c 8,952   9,208 -256
d 7,580   9,455 -1,875
e 13,440   17,382 -3,942
7,436   8,126 -690
14,522   15,115 -593
14,870   15,256 -386
29,813   30,025 -212
111,247   108,907 2,340
9,268   8,945 323
8,446   8,647 -201
27,463   29,112 -1,649
11,542   13,864 -2,322
16,755   17,067 -312
4,626   5,200 -574
6,539   7,067 -528
20,258   20,151 107
13,000   13,000  
4,500   4,235 265
2,783   2,488 295
10,551   11,604 -1,053
16,364   18,060 -1,696
9,279   9,250 29
14,999   15,009 -10
8,283   8,494 -211
43,614   30,618 12,996
10,099   9,988 111
3,445   3,697 -252
11,857   13,101 -1,244
17,655   18,715 -1,060
23,942   30,512 -6,570
145,000   145,085 -85
5,157   5,218 -61
41,514   32,433 9,081
17,417   16,813 604
17,424   19,319 -1,895
18,305   18,870 -565
12,642   14,804 -2,162
25,782   28,508 -2,726
44,991   44,991  
6,682   7,399 -717
10,000   10,110 -110
2,045   2,364 -319
9,046   9,382 -336
12,108   13,125 -1,017
11,947   12,250 -303
2,030   2,432 -402
89,933   89,981 -48
13,059   13,600 -541
9,964   11,726 -1,762
17,390   17,475 -85
10,276   13,400 -3,124
6,244   6,264 -20
3,689   3,848 -159
6,158   7,305 -1,147
11,175   12,503 -1,328
12,522   12,521 1
11   11  
10,170   10,888 -718
11,107   12,699 -1,592
11,184   10,440 744
11,386   12,013 -627
10,049   13,590 -3,541
4,989   5,357 -368
24,837   24,843 -6
16,744   16,166 578
22,670   26,159 -3,489
7,877   7,417 460
6,969   6,895 74
14,889   16,195 -1,306
8,226   8,575 -349
11,968   13,505 -1,537
10,000   10,067 -67
34,783   23,849 10,934
8,937   8,658 279
13,625   11,177 2,448
24,701   20,655 4,046
11,379   11,795 -416
7,834   8,219 -385
20,853   21,198 -345
24,937   25,095 -158
10,189   10,804 -615
8,250   7,986 264
32,338   46,700 -14,362
5,958   6,156 -198
14,572   16,393 -1,821
4,544   4,765 -221
12,913   15,646 -2,733
25,085   25,729 -644
4,585   5,144 -559
18,717   20,639 -1,922
15,158   16,569 -1,411
17,135   18,545 -1,410
11,474   12,873 -1,399
13,266   14,675 -1,409
8,319   7,915 404
30,000   30,342 -342
11,290   13,247 -1,957
3,899   4,408 -509
9,302   10,040 -738
6,967   7,195 -228
6,524   6,993 -469
6,250   6,567 -317
6,909   7,025 -116
25,247   25,608 -361
6,755   6,916 -161
13,947   13,893 54
20,338   22,253 -1,915
12,209   12,817 -608
12,373   13,387 -1,014
11,236   11,422 -186
16,040   16,419 -379
20,473   20,879 -406
9,454   10,968 -1,514
4,881   5,159 -278
9,037   10,294 -1,257
29,175   29,526 -351
6,161   6,266 -105
6,129   6,485 -356
19,543   19,780 -237
20,000   20,754 -754
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       728
b       2,241
c       -256
d       -1,875
e       -3,942
      -690
      -593
      -386
      -212
      2,340
      323
      -201
      -1,649
      -2,322
      -312
      -574
      -528
      107
       
      265
      295
      -1,053
      -1,696
      29
      -10
      -211
      12,996
      111
      -252
      -1,244
      -1,060
      -6,570
      -85
      -61
      9,081
      604
      -1,895
      -565
      -2,162
      -2,726
       
      -717
      -110
      -319
      -336
      -1,017
      -303
      -402
      -48
      -541
      -1,762
      -85
      -3,124
      -20
      -159
      -1,147
      -1,328
      1
       
      -718
      -1,592
      744
      -627
      -3,541
      -368
      -6
      578
      -3,489
      460
      74
      -1,306
      -349
      -1,537
      -67
      10,934
      279
      2,448
      4,046
      -416
      -385
      -345
      -158
      -615
      264
      -14,362
      -198
      -1,821
      -221
      -2,733
      -644
      -559
      -1,922
      -1,411
      -1,410
      -1,399
      -1,409
      404
      -342
      -1,957
      -509
      -738
      -228
      -469
      -317
      -116
      -361
      -161
      54
      -1,915
      -608
      -1,014
      -186
      -379
      -406
      -1,514
      -278
      -1,257
      -351
      -105
      -356
      -237
      -754
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 -10,219
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 -71,529
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 342,303 4,871,367 0.070268
2013 233,108 4,826,557 0.048297
2012 213,482 4,654,224 0.045868
2011 205,900 4,537,464 0.045378
2010 181,932 4,005,542 0.045420
2
Total of line 1, column (d) .....................
20.255231
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
0.051046
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
4,628,408
5
Multiply line 4 by line 3......................
5
236,262
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
401
7
Add lines 5 and 6........................
7
236,663
8
Enter qualifying distributions from Part XII, line 4.............
8
345,000
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 1 401
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 401
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 401
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 5,844
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 5,844
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 5,443
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet1,000 RefundedBullet 11 4,443
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)
    bulletNM
    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 addressbulletQUAILROOSTFOUNDATION.ORG
    14
    The books are in care ofbulletMARGARET BRENNAN Telephone no.bullet (610) 896-3868

    Located atbullet16 E LANCASTER AVENUESUITE 102ARDMOREPA ZIP+4bullet19003
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    No
    .........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
    FRED DOERR TRUSTEE
    2.00     		0 0 0
    16 E LANCASTER AVE
    SUITE 102
    ARDMORE,PA19003
    LORETTA ORTIZ Y PINO TRUSTEE
    2.00     		0 0 0
    16 E LANCASTER AVENUE
    SUITE 102
    ARDMORE,PA19003
    JEFF SANDERS SECRETARY/TR
    2.00     		0 0 0
    16 E LANCASTER AVENUE
    SUITE 102
    ARDMORE,PA19003
    MEHDI SHELHAMER TRUSTEE
    1.00     		0 0 0
    16 E LANCASTER AVENUE
    SUITE 102
    ARDMORE,PA19003
    H'KRIH SHELHAMER TRUSTEE
    1.00     		0 0 0
    16 E LANCASTER AVENUE
    SUITE 102
    ARDMORE,PA19003
    CAROL WHITE VICE CHAIR/T
    2.00     		0 0 0
    16 E LANCASTER AVENUE
    SUITE 102
    ARDMORE,PA19003
    HA WHITE TRUSTEE/CHAI
    5.00     		0 0 0
    16 E LANCASTER AVENUE
    SUITE 102
    ARDMORE,PA19003
    KERRY HEUBECK EMERITUS TRU
    1.00     		0 0 0
    16 E LANCASTER AVENUE
    SUITE 102
    ARDMORE,PA19003
    SANJAY POOVANDAN TREASURER/TR
    2.00     		0 0 0
    16 E LANCASTER AVENUE
    SUITE 102
    ARDMORE,PA19003
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    4,466,355
    b
    Average of monthly cash balances.......................
    1b
    232,536
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,698,891
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    4,698,891
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    70,483
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,628,408
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    231,420
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    231,420
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    401
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    401
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    231,019
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    231,019
    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
    231,019
    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
    345,000
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    345,000
    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
    401
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    344,599
    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 7 231,019
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014...... 103,839
    fTotal of lines 3a through e........ 103,839
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 345,000
    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..... 231,019
    e Remaining amount distributed out of corpus 113,981
    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 5 217,820
    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 ......     		217,820
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014.... 103,839
    e Excess from 2015.... 113,981
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ADOPT-A-CLASSROOM INC
    110 N 5TH STREET 10TH F
    MINNEAPOLIS,MN55403     		NA PC FINANCIAL SUPPORT FOR CLASSROOMS IN 2,000
    AMERICAN FRIENDS SERVICE COMMITTEE
    1501 CHERRY STREET
    PHILADELPHIA,PA19102     		NA PC INDONESIA REFUGEE WORK 3,000
    AMERICAN REFUGEE COMMITTEE
    615 1ST AVE NE SUITE 50
    MINNEAPOLIS,MN554132681     		NA PC SEED MONEY FOR "SAFE RIDE" 2,500
    ARTS WITHOUT BOUNDARIES FOUNDATION
    PO BOX 20392
    BILLINGS,MT59104     		NA PC GENERAL OPERATING SUPPORT 1,000
    BRIDGES PROJECT FOR EDUCATION
    PO BOX 308
    TAOS,NM87571     		NA PC GENERAL OPERATING SUPPORT 45,000
    BRIDGES PROJECT FOR EDUCATION
    PO BOX 308
    TAOS,NM87571     		NA PC GENERAL OPERATING SUPPORT 4,000
    BURMA HUMANITARIAN MISSION
    3395 E DEER HOLLOW CIRCL
    SANDY,UT84092     		NA PC THE BACKPACK HEALTH WORKER 3,000
    CAMBODIA CORPS INC
    915 GOEBEL AVE
    SAVANNAH,GA31404     		NA PC GENERAL OPERATING SUPPORT 5,000
    CARBONFUND ORG
    3 BETHESDA METRO CENTER
    BETHESDA,MD20814     		NA PC GENERAL OPERATING SUPPORT 750
    COMMUNITY AGAINST VIOLENCE INC
    945 SALAZAR RD
    TAOS,NM87571     		NA PC CHILDREN'S COUNSELING PROGRAM 2,000
    CONCRETE COUCH
    211 ILLINOIS AVENUE
    MANITOU SPRINGS,CO80829     		NA PC GENERAL OPERATING SUPPORT 1,000
    CONSERVATION TRUST FOR FLORIDA INC
    1731 NW 6TH STREET SUITE
    GAINESVILLE,FL32609     		NA PC GENERAL OPERATING SUPPORT 4,000
    CREATIVITY FOR PEACE INC
    369 MONTEZUMA AVENUE 566
    SANTA FE,NM87501     		NA PC GENERAL OPERATING SUPPORT 6,500
    DREAMTREE PROJECT INC
    PO BOX 1677
    TAOS,NM87571     		NA PC GENERAL OPERATING SUPPORT 2,000
    CIMARRON PUBLIC SCHOOLS
    PO BOX 96
    EAGLE NEST,NM87718     		NA PC EAGLE NEST SCHOOLS: BARN PROJECT 2,000
    EDUCATIONAL EMPOWERMENT
    328 WYATT WAY NE
    BAINBRIDGE ISLAND,WA98110     		NA PC BOOKS FOR BURMA 4,000
    EL PUEBLITO UNITED METHODIST CHURCH
    PO BOX 895
    RANCHOS DE TAOS,NM87557     		NA PC SHARED TABLE 3,000
    EQUINE SPIRIT SANCTUARY
    13 LOS CABALLOS ROAD
    RANCHOS DE TAOS,NM87557     		NA PC GENERAL OPERATING SUPPORT 5,000
    EQUINE SPIRIT SANCTUARY
    13 LOS CABALLOS ROAD
    RANCHOS DE TAOS,NM87557     		NA PC LAND PURCHASE 50,000
    FLORIDA THOROUGHBRED CHARITIES INC
    801 SW 60TH AVENUE
    OCALA,FL34474     		NA PC QUAIL ROOST SCHOLARSHIP PROGRAM 2015 10,000
    FOUR CORNERS ANIMAL LEAGUE
    PO BOX 1163
    TAOS,NM875711163     		NA PC SUPPLIES FOR ANIMAL AID OF QUESTA 2,000
    FRIENDS OF CASA MATERNA
    PO BOX 7476
    DETROIT,MI48207     		NA PC PROJECT WORK IN NICARAGUA 4,000
    GRASSROOTSORG INC
    745 ATLANTIC AVENUE FLOO
    BOSTON,MA02111     		NA PC GENERAL OPERATING SUPPORT 750
    HOPE BY TWELVE
    4699 WOODSON LANE SUITE
    BAINBRIDGE ISLAND,WA98110     		NA PC GENERAL OPERATING SUPPORT 1,000
    HORSE PROTECTION ASSOCIATION OF FLO
    20690 NW 130TH AVENUE
    MICANOPY,FL32667     		NA PC GENERAL OPERATING SUPPORT 4,000
    HUMAN RESOURCE DEVELOPMENT ASSOCIAT
    PO BOX 913
    TAOS,NM87571     		NA PC RESTORATIVE JUSTICE PROGRAMMING 2,500
    HUMAN RESOURCE DEVELOPMENT ASSOCIAT
    PO BOX 913
    TAOS,NM87571     		NA PC RESTORATIVE JUSTICE PROGRAMMING 2,000
    HUMANITIES MONTANA
    311 BRANTLY
    MISSOULA,MT59812     		NA PC GENERAL OPERATING SUPPORT 1,000
    INSTITUTE FOR PEACE STUDIES
    ROCKY MOUNTAIN COLLEGE A
    BILLINGS,MT59102     		NA PC GENERAL OPERATING SUPPORT 7,000
    ISLANDWOOD
    4450 BLAKELY AVENUE NE
    BAINBRIDGE ISLAND,WA981102257     		NA PC GRADUATE STUDENT SCHOLARSHIP SUPPORT 2,500
    KATERI TEKAKWITHA MISSION FUND INC
    PO BOX 906
    PACIFICA,CA94044     		NA PC GENERAL OPERATING SUPPORT 5,000
    LOCALOGY
    HC 81 BOX 10
    QUESTA,NM87556     		NA PC GENERAL OPERATING SUPPORT 2,000
    MATI NGO
    67/1 SA SARKER RD
    SANKIPARA,MYMENSIGH2200
    BG     		NA NC SUPPORT FOR KAILAKURI HEALTH CARE PR 4,000
    MENNONITE CENTRAL COMMITTEE CENTRAL
    900 EAST HOWELL STREET
    PHILADELPHIA,PA19149     		NA PC WORK WITH SYRIAN REFUGEES 3,000
    MENNONITE CENTRAL COMMITTEE CENTRAL
    900 EAST HOWELL STREET
    PHILADELPHIA,PA19149     		NA PC NEPAL EMERGENCY RECOVERY WORK 10,000
    NGUYEN NGA CENTER
    91A DONG DA
    QUY NHON CITY,BIHN DIHN  
    VM     		NA NC GENERAL OPERATING SUPPORT 4,000
    NORTHERN PLAINS RESOURCE COUNCIL
    220 SOUTH 27TH STREET SU
    BILLINGS,MT59101     		NA PC PROTECTION AND CONSERVATION OF MONTA 5,000
    NOT FORGOTTEN OUTREACH INC
    461 VALVERDE COMMONS DR
    TAOS,NM87571     		NA PC GENERAL OPERATING SUPPORT 2,000
    ONE CALL FOR ALL
    PO BOX 10487
    BAINBRIDGE ISLAND,WA98110     		NA PC GENERAL OPERATING SUPPORT FOR RAISIN 1,000
    ONE WORLD- ONE HEART FOUNDATION
    PO BOX 1840
    RANCHOS DE TAOS,NM87557     		NA PC THE NEPAL MEDICAL CAMP 2,000
    PARTNER FOR SURGERY INC
    PO BOX 388
    MCLEAN,VA22101     		NA PC GENERAL OPERATING SUPPORT 2,000
    PREVENTION INTERNATIONAL NO CERVICA
    PO BOX 13081
    OAKLAND,CA94661     		NA PC WORK IN NICARAGUA 4,000
    PUGET SOUND RESTORATION FUND
    382 WYATT WAY NE
    BAINBRIDGE ISLAND,WA98110     		NA PC GENERAL OPERATING SUPPORT 5,000
    SCHOOLS FOR SALONE
    PO BOX 25314
    SEATTLE,WA98165     		NA PC GENERAL OPERATING SUPPORT 3,000
    SHUARHANDS INC
    PO BOX 1411
    PINE VALLEY,CA91962     		NA PC GREEN HOUSE PROJECT- GUATEMALA 3,000
    STIRRUPS N STRIDES THERAPEUTIC RIDI
    4246 WEST HIGHWAY 318
    CITRA,FL32113     		NA PC CONSTRUCTION FOR COVERED OUTDOOR ARE 21,000
    SUSTAINABLE BEREA INC
    PO BOX 1302
    BEREA,KY40403     		NA PC GENERAL OPERATING SUPPORT 3,000
    TAOS HEALTH SYSTEMS INC
    413 SIPAPU ST
    TAOS,NM87571     		NA PC CANCER SUPPORT SERVICES 2,000
    TRUAH
    266 WEST 37TH ST SUITE 8
    NEW YORK,NY10018     		NA PC GENERAL OPERATING SUPPORT 5,000
    DANIELS HAMANT FOUNDATION
    1427 WILLIAM ST
    RIVER FOREST,IL60305     		NA PF CENTRO MEDICO HUMBERTO PARRA-WOMENS 2,500
    THE HOUSING RESOURCES BOARD
    PO BOX 11391
    BAINBRIDGE ISLAND,WA98110     		NA PC GENERAL OPERATING SUPPORT FOR BI VIL 2,000
    THE HOUSING RESOURCES BOARD
    PO BOX 11391
    BAINBRIDGE ISLAND,WA98110     		NA PC GENERAL OPERATING SUPPORT 2,000
    THOROUGHBRED RETIREMENT FOUNDATION
    PO BOX 834
    SARATOGA SPRINGS,NY12866     		NA PC GENERAL OPERATING SUPPORT 2,000
    TIDES CENTER
    PO BOX 29907
    SAN FRANCISCO,CA94129     		NA PC THE LIST PROJECT 2,500
    UNIVERSITY OF NEW MEXICO FOUNDATION
    1157 COUNTY ROAD 110
    RANCHOS DE TAOS,NM87557     		NA PC SCHOLARSHIP SUPPORT 10,000
    WESTERN LANDS PROJECT
    PO BOX 95545
    SEATTLE,WA981452545     		NA PC ADVOCACY TO KEEP PUBLIC LANDS PUBLIC 4,000
    THE WILDLIFE CENTER INC
    PO BOX 246
    ESPANOLA,NM87532     		NA PC GENERAL OPERATING SUPPORT 4,000
    WINDHORSE SANTUARY
    597 NE RIDGE LOOP
    MADISON,FL32340     		NA PF GENERAL OPERATING SUPPORT 6,500
    YOUTH HEARTLINE
    PO BOX 1664
    TAOS,NM87571     		NA PC THE NEIGHBORHOOD ARTS PROJECT/GENERA 4,000
    Total .................................bullet 3a 308,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 18,584  
    4 Dividends and interest from securities....     14 68,198  
    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 -10,219  
    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)..   76,563  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1376,563
    (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:
    QUAIL ROOST FOUNDATION
    EIN:
    76-0754268
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 7,350 3,675   3,674

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    QUAIL ROOST FOUNDATION
    EIN:
    76-0754268
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ACCESS CAPITAL COMMUNITY 73,389 72,079
    CALVERT BOND PORT CL I    
    CALVERT SOCIAL INVT 3% 15 NOTES DUE    
    CRA QUALIFIED INVESTMENT 98,979 97,832
    PAX WORLD HIGH YIELD 173,424 143,478
    PRAXIS INTERMEDIATE INCM 144,984 143,883
    RIDGEWORTH US GOV SEC 122,086 121,481
    SIT U.S. GOVT SEC FUND 113,935 112,190
    TEMPLETON GLOBAL BOND 157,129 138,333
    TIAA CREF SOCIAL CHOICE 145,882 143,422
    CALVERT SOCIAL INVT 1% 18 60,000 59,141
    AMERICAN EXPRESS    
    BANK OF NOVA SC 20,664 20,277
    CITIGROUP INC 15,195 15,112
    COCA COLA COMPANY 26,236 26,117
    CSX CORPORATION 10,526 10,449
    CVS CAREMARK CORP 15,067 14,985
    ECOLAB INC    
    GENERAL ELECTRIC 22,065 22,064
    HOME DEPOT 15,222 14,978
    INTEL CORP 20,057 20,217
    JOHN DEERE CAPITA    
    JOHNSON CONTROLS 15,888 15,018
    JP MORGAN CHASE 15,274 15,178
    MEDTRONIC INC 19,767 19,897
    ORACLE CORPORATIO 24,106 24,403
    PRAXAIR INC    
    PEPSICO INCORPOR 20,125 19,884
    TORONTO-DOMINION 25,779 25,213
    TOYOTA AUTO RECEIVA    
    VERIZON COMMS 16,323 16,128
    WELLS FARGO & CO 19,572 19,850

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    QUAIL ROOST FOUNDATION
    EIN:
    76-0754268
    Name of Stock End of Year Book Value End of Year Fair Market Value
    APPLESEED FD INVESTORS CL 112,954 97,948
    CALVERT GLOBAL WATER FD 76,635 61,248
    CALVERT INT'L OPPTY FD I 64,865 80,581
    DOMINI INTL SOCIAL EQTY 89,627 78,936
    PARNASSUS EQUITY INCOME 129,766 187,228
    PARNASSUS ENDEAVOR FD 112,034 116,301
    PARNASSUS MID CAP FUND 85,297 112,081
    PARNASSUS SMALL CAP FUND    
    PAX MSCI INTL ESG 48,627 43,610
    PAX WORLD GLOBAL ENVIRONMENTL 34,722 44,806
    PAX WORLD SMALL CAP INST 96,588 90,260
    PORTFOLIO 21 37,633 43,541
    SHELTON GREEN ALPHA FD 73,389 72,748
    TIAA CREF SOCIAL CHOICE 134,441 140,756
    ADOBE SYSTEMS 39,678 51,479
    ALLERGAN INC    
    AMEDISYS INC    
    AMERIPRISE    
    ALPHABET INC 28,196 32,676
    AMAZON COM INC 23,755 29,739
    AMERICAN STATES WTR 22,094 24,121
    AMGEN INCORPORATED 20,229 23,051
    APACHE CORP 13,970 14,453
    APPLE 47,579 50,420
    AVISTA CORPORATION    
    BALL CORPORATION 37,178 40,074
    BANK OF NY MELLON CP 35,979 38,087
    BECTON DICKSON & CO 17,806 23,422
    BROADCOM CORPORATION 20,324 25,730
    BROCADE COMMUNS SYS NEW    
    BROWN SHOE    
    CANADIAN PAC RAILWAY F    
    CARDINAL HEALTH 21,769 26,067
    CHIPOTLE MEXICAN GRILL    
    CHURCH & DWIGHT CO INC 20,009 22,408
    CISCO SYSTEMS INC 17,784 18,112
    CITIGROUP INC 20,174 19,406
    CITRIX SYSTEMS 7,138 7,187
    COMCAST CORP NEW CL A 23,695 23,475
    COSTCO WHSL CORP NEW    
    CVS HEALTH 22,083 26,887
    DENTSPLAY INTL 14,986 15,213
    EAST WESTS BANCORP 9,130 9,559
    EBAY INC 13,865 13,328
    EMC CORP MASS    
    E O G RESOURCES INC 61,271 42,332
    EAGLE BANCORP    
    EXPEDIA INC NEW 18,623 24,239
    EXPEDITORS INTL WASH 28,489 26,158
    FEDEX CORPORATION 12,880 12,217
    FISERV INC 15,221 17,377
    FRONTIER COMMUNICATION    
    GENERAL MILLS 12,710 12,685
    GOOGLE INC CL C NON VTG    
    GOOGLE INC CLASS A VTG    
    HANESBRANDS INC    
    HARTFORD FINL SVCS GRP 21,442 25,250
    HESS CORPORATION    
    HEWLETT-PACKARD COMPANY    
    HOLOGIC INC 19,825 22,053
    HOME DEPOT INC 27,561 38,353
    ILLINOIS TOOL WORKS INC    
    INTEL CORP 16,298 16,295
    JOHNSON & JOHNSON    
    JETBLUE 21,496 22,763
    JONES LANG LASALLE INC 16,136 19,983
    JPMORGAN CHASE & CO 40,799 42,391
    KIMBERLY-CLARK CORP    
    KORN FERRY INCL 16,686 15,926
    KROGER COMPANY 35,639 57,725
    LAM RESEARCH CORPORATION    
    LOGMEIN INC 13,144 15,433
    LOWES COMPANIES INC 20,924 24,333
    MANPOWERGROUP 26,807 25,287
    MARATHON PETE CORP 34,920 39,036
    MASCO CORP 27,806 28,725
    MASTERCARD INC 12,664 12,657
    MEDTRONIC INC    
    MICROSOFT CORP 24,977 30,791
    MINERAL TECH INC    
    NIKE INC 24,648 23,750
    NORFOLD SOUTHERN CORP    
    NOVARTIS A G SPON ADR F    
    PROGRESSIVE CO OHIO 7,580 7,632
    PRINCIPAL FINANCIAL GRP    
    REINSURANCE GP AMER NEW 19,976 20,275
    SCHEIN HENRY 14,651 15,028
    SMITH AO 13,234 15,322
    STANLEY BLACK & DECKK 27,016 27,750
    STARBUCKS CORP 11,018 11,106
    ST JUDE MEDICAL INC    
    SYNAPTICS INC    
    TEXAS INSTRUMENTS INC 17,579 19,951
    THE WHITEWAVE FOODS CO    
    TIME WARNER INC NEW 7,944 6,596
    TRAVELERS COMPANIES INC 24,932 25,394
    UNION PACIFIC CORP    
    UNITED HEALTH GROUP 27,611 37,410
    VODAFONE GROUP 9,510 9,034
    V F CORPORATION    
    WELLS FARGO & CO NEW 34,139 36,041
    WYNDHAM WORLDWIDE CORP    
    XEROX CORP    
    3M COMPANY    
    HOST HOTELS & RESORTS    
    EQUINIX INC 15,778 16,632
    POWERSHS EXCH TRAD FD TR 22,012 23,290

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    QUAIL ROOST FOUNDATION
    EIN:
    76-0754268
    US Government Securities - End of Year Book Value:

    198,753
    US Government Securities - End of Year Fair Market Value:

    199,135
    State & Local Government Securities - End of Year Book Value:


    222,300
    State & Local Government Securities - End of Year Fair Market Value:


    222,393


    TY 2015 OtherExpensesSchedule
    Name:
    QUAIL ROOST FOUNDATION
    EIN:
    76-0754268
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    DUES/SUBS 1,538     1,538
    INSURANCE 675     675
    MISC. EXPENSE 2     2
    OFFICE EXPENSES 500 125   375
    TELEPHONE EXPENSE 19     19
    BANK CHARGES 162 162    
    WEBSITE 935     935


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    QUAIL ROOST FOUNDATION
    EIN:
    76-0754268
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTANTS 24,997 2,500   22,497
    NICS INVESTMENT MGMT FEES 17,243 17,243    
    HORIZON SCHWAB INVEST FEES 22,270 22,270    


    TY 2015 TaxesSchedule
    Name:
    QUAIL ROOST FOUNDATION
    EIN:
    76-0754268
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES 511     511
    FEES 10     10