Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
JOHN J & FREDA C MONNOT SCHOLARSHIP
FUND INC
Number and street (or P.O. box number if mail is not delivered to street address)1528 STARR DR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
YUBA CITY, CA95993
A Employer identification number

68-0429307
B Telephone number (see instructions)

(530) 674-4211
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$1,503,068J 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 1 1 1
4 Dividends and interest from securities... 82,475 82,475 82,475
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -7,300
b Gross sales price for all assets on line 6a 193,198
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)....... Click to see attachment -268,807    
12 Total. Add lines 1 through 11........ -193,631 82,476 82,476
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 8,806      
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,574      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 5      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 10,385 0   0
25 Contributions, gifts, grants paid....... 67,350 67,350
26 Total expenses and disbursements. Add lines 24 and 25 77,735 0   67,350
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -271,366
b Net investment income (if negative, enter -0-) 82,476
c Adjusted net income (if negative, enter -0-)... 82,476
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......... 124,932 92,347 92,347
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,649,502 Click to see attachment1,410,721 1,410,721
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 1,774,434 1,503,068 1,503,068
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.................. 1,774,434 1,503,068
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)..... 1,774,434 1,503,068
31 Total liabilities and net assets/fund balances (see instructions). 1,774,434 1,503,068
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
1,774,434
2
Enter amount from Part I, line 27a .....................
2
-271,366
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,503,068
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
1,503,068
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 128.43200 LORD ABBETT INV TR US INC P 2014-12-22 2015-07-17
b 126.53 LORD ABBETT INV TR US INC P 2014-12-22 2015-07-17
c 21929.825 LORD ABBETT INV TR US INC P 2014-05-01 2015-07-17
d 34129.693 LORD ABBETT INV TR US INC P 2014-05-01 2015-07-17
e
(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 359   368 -9
b 127   130 -3
c 97,149   100,000 -2,851
d 95,563   100,000 -4,437
e
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       -9
b       -3
c       -2,851
d       -4,437
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 -7,300
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 -12
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 74,127 1,609,902 0.04604
2013 64,700 1,613,879 0.04009
2012 73,900 1,673,021 0.04417
2011 103,205 1,610,607 0.06408
2010 96,328 1,473,884 0.06536
2
Total of line 1, column (d) .....................
20.259741
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
0.051948
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
1,609,902
5
Multiply line 4 by line 3......................
5
83,631
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
825
7
Add lines 5 and 6........................
7
84,456
8
Enter qualifying distributions from Part XII, line 4.............
8
67,350
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 1,650
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 1,650
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 1,650
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a  
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  
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 33
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,683
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
No
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)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletTENNEY & COMPANY CPAS Telephone no.bullet (530) 674-4211

    Located atbullet1528 STARR DR STE AYUBA CITYCA ZIP+4bullet95993
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    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
     
    No
    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
    JEROME D TENNEY PRESIDENT
    0.00     		0    
    1571 COATS DRIVE
    YUBA CITY,CA95993
    JERRY CRIPPEN CFO
    0.00     		0    
    PO BOX 590
    MARYSVILLE,CA95901
    GARY TAXERA OD Secretary
    0.00     		0    
    660 DALE AVE
    YUBA CITY,CA95993
    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  
    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
    1,515,141
    b
    Average of monthly cash balances.......................
    1b
    119,277
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,634,418
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    1,634,418
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    24,516
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,609,902
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    80,495
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    80,495
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    1,650
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,650
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    78,845
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    78,845
    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
    78,845
    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
    67,350
    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
    67,350
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    67,350
    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 78,845
    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...... 23,584
    b From 2011...... 103,862
    c From 2012......  
    d From 2013......  
    e From 2014...... 75,350
    fTotal of lines 3a through e........ 202,796
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 67,350
    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)........     		0
    d Applied to 2015 distributable amount..... 67,350
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2015. 11,495 11,495
    (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 5 191,301
    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) ...     		12,089
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		179,212
    10 Analysis of line 9:
    a Excess from 2011.... 103,862
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014.... 75,350
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JOHN J FREDA C MONNOT SCHOLARSHIP F
    1528 STARR DR STE A
    YUBA CITY,CA95993
    (530) 674-4211
    bThe form in which applications should be submitted and information and materials they should include:
    HIGH SCHOOL SCHOLARSHIP APPLICATION FORM INCLUDING THREE LETTERS OF RECOMMENDATION, HIGH SCHOOL TRANSCRIPT, LIST OF AWARDS AND ACCOMPLISHMENTS, AND COMMUNITY SERVICE.
    cAny submission deadlines:
    APRIL 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    HIGH SCHOOL GRADUATES FROM SUTTER AND YUBA COUNTIES
    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
    BALJINDER KAUR
    1895 GERMAINE DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 600
    GRANT CAMPBELL
    2122 STERLING DR
    ROCKLIN,CA95765     		NONE I COLLEGE SCHOLARSHIP 1,500
    KAOLEE XIONG
    1360 AMARANTH ST
    PLUMAS LAKE,CA95961     		NONE I COLLEGE SCHOLARSHIP 400
    KRISTY VANG
    1796 FERNWOOD DRIVE
    MARYSVILLE,CA95901     		NONE I COLLEGE SCHOLARSHIP 400
    LAURA DUNHAM
    1354 GENEVA AVENUE
    YUBA CITY,CA95991     		NONE I COLLEGE SCHOLARSHIP 600
    MOISES ROMERO
    1861 PARK CIRCLE
    MARYSVILLE,CA95901     		NONE I COLLEGE SCHOLARSHIP 600
    ZOUA YANG
    1004 LAUREL AVENUE
    OLIVEHURST,CA95961     		NONE I COLLEGE SCHOLARSHIP 500
    ALEXANDRA GILBERTSON
    1550 EVANS AVE APT 1214
    RENO,NV89512     		NONE I COLLEGE SCHOLARSHIP 500
    ALLISON SAWYER
    494 LA RAMADA
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 500
    AMANDEEP KAUR
    9613 RACHEL STREET
    LIVE OAK,CA95993     		NONE I COLLEGE SCHOLARSHIP 300
    CAITLYN MATTICE
    739 TEAKWOOD DRIVE
    YUBA CITY,CA95991     		NONE I COLLEGE SCHOLARSHIP 850
    CARISSA ALLARD
    1779 CAPRI DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 1,200
    CHRISTINAH UPPAL
    1769 LYUNCHBURG DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 1,100
    DANA DENTON
    1005 VIA ROMA WAY
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 600
    EUNICE SIMON
    3663 HIGHWAY 20
    MARYSVILLE,CA95901     		NONE I COLLEGE SCHOLARSHIP 1,100
    KEITH LEUNG
    1711 MICH COURT
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 400
    KELLY BAUCOM
    3470 BOB COURT
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 400
    KELSEY GRAHAM
    3399 LIBBY LANE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 1,000
    KRYSTAL REILEY
    1840 N TOWNSHIP ROAD
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 1,500
    MANPREET NIJJAR
    611 LASK DRIVE
    YUBA CITY,CA95991     		NONE I COLLEGE SCHOLARSHIP 300
    MICHAEL XIONG
    1360 AMARANTH STREET
    PLUMAS LAKE,CA95961     		NONE I COLLEGE SCHOLARSHIP 400
    NOEL ZACHARIAH
    1988 NAND DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 1,500
    ROSA MARQUEZ-VILLARRUEL
    89 ORCHARD STREET
    YUBA CITY,CA95991     		NONE I COLLEGE SCHOLARSHIP 600
    RYAN WARREN
    812 E HILLCREST AVENUE
    YUBA CITY,CA95991     		NONE I COLLEGE SCHOLARSHIP 400
    SATNINDERDEEP BHATTI
    1840 PARKWOOD DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 400
    TIFFANY CHRISTENSEN
    4385 EVELYN DRIVE
    OLIVEHURST,CA95961     		NONE I COLLEGE SCHOLARSHIP 800
    TRENT LITTLE
    1770 LYNCHBURG DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 600
    ADELA FECEU
    3673 HWY 20
    MARYSVILLE,CA95901     		NONE I COLLEGE SCHOLARSHIP 300
    ALISHA CHADHA
    902 FLATIRON COURT
    ROCKLIN,CA95765     		NONE I COLLEGE SCHOLARSHIP 300
    ARYN KENT
    1676 PORTOFINO
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 1,500
    BRIDGIT LEE
    1024 SANTA BARBARA WAY
    YUBA CITY,CA95991     		NONE I COLLEGE SCHOLARSHIP 300
    CARLY CRANDALL
    1230 ELLIOTT RD APT 6
    PARADISE,CA95969     		NONE I COLLEGE SCHOLARSHIP 600
    DANIELLE LABRADO
    4351 EVELYN DRIVE
    OLIVEHURST,CA95961     		NONE I COLLEGE SCHOLARSHIP 500
    DEBORA SIMON
    3663 HWY 20
    MARYSVILLE,CA95901     		NONE I COLLEGE SCHOLARSHIP 500
    DILPREET MANN
    884 GIDDA LOOP
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 700
    DOMINQUE PEREZ
    PO BOX 302
    LIVE OAK,CA95953     		NONE I COLLEGE SCHOLARSHIP 300
    ELIZABETH SWEETWOOD
    1109 SESSLER DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 700
    ESTHER PHILIPP
    1565 SPYGLASS DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 800
    FRANKLIN TARKE
    6783 BUTTE AVENUE
    SUTTER,CA95982     		NONE I COLLEGE SCHOLARSHIP 300
    JAMES MCDANIELS
    1571 SHARON DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 200
    JENNIFER PETRUESCU
    1670 9TH AVE
    OLIVEHURST,CA95961     		NONE I COLLEGE SCHOLARSHIP 500
    KAYLA BUCHNER
    2425 SARAH COURT
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 1,000
    KELLY HATAMIYA
    6471 KENT AVENUE
    LIVE OAK,CA95953     		NONE I COLLEGE SCHOLARSHIP 300
    MARISA LOPEZ
    1020 I STREET
    MARYSVILLE,CA95901     		NONE I COLLEGE SCHOLARSHIP 500
    NAVALPREET DHILLON
    1640 WILD FLOWER CIRCLE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 300
    NICOLAS MITCHELL
    1705 CARTAGENA DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 300
    RACHEL NELSON
    3037 BOGUE ROAD
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 1,200
    RAYMOND MILLER
    2617 PEPPER STREET
    SUTTER,CA95982     		NONE I COLLEGE SCHOLARSHIP 1,000
    REBEKAH THAO
    3305 FEATHER RIVER BLVD
    OLIVEHURST,CA95961     		NONE I COLLEGE SCHOLARSHIP 500
    STEPHANIE GOMEZ
    1625 LARIAT LANE
    OLIVEHURST,CA95961     		NONE I COLLEGE SCHOLARSHIP 500
    STEVEN RONGLEY
    13623 RICES CROSSING ROAD
    OREGON HOUSE,CA95962     		NONE I COLLEGE SCHOLARSHIP 500
    VERONICA OLIVARES CORTES
    PO BOX 5304
    MARYSVILLE,CA95901     		NONE I COLLEGE SCHOLARSHIP 500
    AARON BIRCH
    9972 MCGOUGH COURT
    BROWNS VALLEY,CA95918     		NONE I COLLEGE SCHOLARSHIP 1,000
    ABEERA AZIZ
    1532 LA CRESENTA COURT
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 300
    ALEX STINSON
    1677 PLUMAS ARBOGA ROAD
    OLIVEHURST,CA95961     		NONE I SCHOLARSHIP 300
    ALISHA AERY
    1372 SCOTTEN CT
    YUBA CITY,CA95991     		NONE I COLLEGE SCHOLARSHIP 1,000
    ALLISON VANDERMOLEN
    733 JONES ROAD
    YUBA CITY,CA95991     		NONE I COLLEGE SCHOLARSHIP 400
    ANDREA LITTLE
    1770 LYNCHBURG DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 300
    ANISHA DHILLON
    3726 MONROE DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 200
    AVALORIA HAMBLIN SAN JUAN
    1412 JACOBY CREEK COURT
    PLUMAS LAKE,CA95961     		NONE I COLLEGE SCHOLARSHIP 700
    CAITLIN CARNEGIE
    1252 PORTOLA VALLEY ROAD
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 300
    CAITLYN PALMER
    1837 CALAIS DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 1,500
    CHANPREET MEHMI
    1893 PARKWOOD DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 1,000
    CINDY CHA
    5916 GARDEN AVE C
    OLIVEHURST,CA95961     		NONE I COLLEGE SCHOLARSHIP 200
    COLE REED
    12026 THOME ROAD
    MARYSVILLE,CA95901     		NONE I COLLEGE SCHOLARSHIP 200
    CRAIG ANDRUS
    2074 PHEASANT DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 500
    DALLAS FUENTES
    3589 HOWSLEY ROAD
    PLEASANT GROVE,CA95668     		NONE I COLLEGE SCHOLARSHIP 1,000
    DANIEL DUNHAM
    1354 GENEVA AVE
    YUBA CITY,CA95991     		NONE I COLLEGE SCHOLARSHIP 300
    DEVIN CATES
    1646 TRES PICOS DR
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 100
    EDGAR LEON
    555 NORD AVE APT 62
    CHICO,CA95926     		NONE I COLLEGE SCHOLARSHIP 300
    EMILY NELSON
    1509 HILLSIDE DR
    COLLEGE STATION,TX77845     		NONE I COLLEGE SCHOLARSHIP 1,000
    GWYNETH PALMER
    1837 CALAIS DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 1,500
    HANNAH PAYNE
    403 THARP ROAD
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 200
    ISABELLA GARCIA-SCHMIDT
    346 TWIN RIVERS DRIVE
    YUBA CITY,CA95991     		NONE I COLLEGE SCHOLARSHIP 1,500
    JAILENE ESCUTIA CHAVEZ
    1941 DEERFIELD DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 300
    JANET GUADALUPE RAYGOZA
    869 CLARK AVENUE APT 16
    YUBA CITY,CA95991     		NONE I COLLEGE SCHOLARSHIP 1,300
    JENNIFER GARRISON
    5230 LOOP ROAD
    MARYSVILLE,CA95901     		NONE I COLLEGE SCHOLARSHIP 300
    JEREMIAH KERZIC
    1342 GENEVA AVENUE
    YUBA CITY,CA95991     		NONE I COLLEGE SCHOLARSHIP 500
    JESSICA CALAHORRANO
    1621 SOUTHPARK DRIVE
    YUBA CITY,CA95991     		NONE I COLLEGE SCHOLARSHIP 1,000
    JORDAN COXE
    1155 SHAYLENE COURT
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 1,000
    JORDAN MACANDREW
    8048 BUTTE AVENUE
    SUTTER,CA95982     		NONE I COLLEGE SCHOLARSHIP 1,000
    JUBILEE PHILIPP
    1565 SPYGLASS DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 300
    JUSTIN BAILEY
    821 HUNTERS CREEK DR
    SACRAMENTO,CA95838     		NONE I COLLEGE INTERNSHIP 200
    KAITLYN BROOKS
    1261 TULIO STREET
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 300
    KATHERINE ETTL
    1184 BRYN MAWR DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 200
    KATHERINE JACENICH
    1695 MESSINA DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 400
    KATRINA STAPLES
    8842 DAGUERRA POINT DRIVE
    MARYSVILLE,CA95901     		NONE I COLLEGE SCHOLARSHIP 1,000
    KENDALL NORAAS
    3247 PASEO ROAD
    LIVE OAK,CA95953     		NONE I COLLEGE SCHOLARSHIP 100
    KEYLA SAUCEDO
    2148 FEATHER RIVER BLVD
    OLIVEHURST,CA95961     		NONE I COLLEGE SCHOLARSHIP 1,500
    KRISTA SWENSON
    1915 CRYSTAL CREEK LAND
    YUBA CITY,CA95991     		NONE I COLLEGE SCHOLARSHIP 200
    LACEY COOPER
    8338 SOUTH BUTTE ROAD
    SUTTER,CA95982     		NONE I COLLEGE SCHOLARSHIP 500
    LEXI OLIVERA
    3760 MAWSON ROAD
    MERIDIAN,CA95957     		NONE I COLLEGE SCHOLARSHIP 1,000
    MARISA RIVERA
    4432 MARTEL DRIVE
    OLIVEHURST,CA95961     		NONE I COLLEGE SCHOLARSHIP 1,300
    MAY LOR
    6320 JORDAN DRIVE
    MARYSVILLE,CA95901     		NONE I COLLEGE SCHOLARSHIP 200
    MAYTE RENDON
    2640 DEANNE STREET
    LIVE OAK,CA95953     		NONE I COLLEGE SCHOLARSHIP 300
    MEI YU
    2405 EDWARDS STREET
    MARYSVILLE,CA95901     		NONE I COLLEGE SCHOLARSHIP 200
    MELISSA BUTAR
    3530 FRAKES WAY
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 100
    MICHAEL CATBAGAN
    9137 IDA STREET
    LIVE OAK,CA95953     		NONE I COLLEGE SCHOLARSHIP 300
    MICHELLE MOUA
    613 RANCHERIA DRIVE D
    CHICO,CA95926     		NONE I COLLEGE SCHOLARSHIP 300
    MITCHELL GANDER
    3098 GARDEN HWY
    NICOLAUS,CA95659     		NONE I COLLEGE SCHOLARSHIP 300
    NICOLE GEIGER
    1887 BURGANDY DRIVE
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 300
    NICOLE HELMS
    3192 BEAR RIVER DRIVE
    RIO OSO,CA95674     		NONE I COLLEGE SCHOLARSHIP 500
    PATTY COOPER
    2087 PALM STREET
    SUTTER,CA95982     		NONE I COLLEGE SCHOLARSHIP 300
    PAULINA MURIO REAL
    1933 8TH AVENUE
    OLIVEHURST,CA95961     		NONE I COLLEGE SCHOLARSHIP 300
    RAVEENA SOHAL
    1915 BLEVIN ROAD
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 300
    RILEY LEFF
    2374 WEST RIDGE DRIVE
    SUTTER,CA95982     		NONE I COLLEGE SCHOLARSHIP 100
    ROBERT SHURTZ
    2918 DUNN ROAD
    MERCED,CA95340     		NONE I COLLEGE SCHOLARSHIP 1,000
    SANDRA HENDRIX
    939 GRAND AVENUE
    OLIVEHURST,CA95961     		NONE I COLLEGE SCHOLARSHIP 300
    TABITA SIMON
    3663 HWY 20
    MARYSVILLE,CA95901     		NONE I COLLEGE SCHOLARSHIP 300
    TAYLOR BARNARD
    2803 COLUSA HWY
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 100
    THOMAS VANG
    1796 FERNWOOD DRIVE
    MARYSVILLE,CA95901     		NONE I COLLEGE SCHOLARSHIP 1,000
    TREVOR CAMPBELL
    2122 STERLING DRIVE
    ROCKLIN,CA95765     		NONE I COLLEGE SCHOLARSHIP 1,500
    VRINDA GUPTA
    1601 RIO VISTA WAY
    YUBA CITY,CA95993     		NONE I COLLEGE SCHOLARSHIP 300
    Total .................................bullet 3a 67,350
    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 ...........     		        1
    4 Dividends and interest from securities....         82,475
    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 ............     		        -7,300
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aUNRLZD LOSS ON SECURITIES     		        -268,807
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..     -193,631
    13Total. Add line 12, columns (b), (d), and (e)..................
    13-193,631
    (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: 15000324
    Software Version: 2015v2.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    JOHN J & FREDA C MONNOT SCHOLARSHIP
     
    FUND INC
    EIN:
    68-0429307
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PD TENNEY & CO CPA'S OWNED BYJ TENNEY 8,806 0 0 0

    TY 2015 GeneralExplanationAttachment
    Name:
    JOHN J & FREDA C MONNOT SCHOLARSHIP
     
    FUND INC
    EIN:
    68-0429307
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Identifier Return Reference Explanation
      General Explanation Supplemental Information for Form 990-PF MR. TENNEY IS THE PRESIDENT OF THE JOHN J AND FREDA C MONNOT SCHOLARSHIP FUND INC. MR. TENNEY IS A CERTIFIED PUBLIC ACCOUNTANT AND HIS FIRM, TENNEY AND COMPANY CPA'S DOES THE BOOKKEEPING AND RECORD KEEPING FOR THE SCHOLARSHIP FUND AND PREPARES THE ANNUAL FORM 990. THE ACCOUNTING FEES FOR THE SERVICES PROVIDED ARE PAID TO TENNEY AND COMPANY CPA FIRM. MR. TENNEY DOES NOT RECEIVE ANY SEPARATE COMPENSATION FOR THE TIME HE ACTS AS THE PRESIDENT OF THE MONNOT SCHOLARSHIP FUND.THERE ARE TWO OTHER OFFICERS WHO OVERSEE THE ACTIVITIES OF THE SCHOLARSHIP FUND WITH MR. TENNEY. NONE OF THE OFFICERS RECEIVE COMPENSATION FOR THEIR SERVICE TO THE SCHOLARSHIP FUND.

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    JOHN J & FREDA C MONNOT SCHOLARSHIP
     
    FUND INC
    EIN:
    68-0429307
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    UMPQUA INVESTMENTS 6237-1025 1,410,721 1,410,721

    TY 2015 OtherExpensesSchedule
    Name:
    JOHN J & FREDA C MONNOT SCHOLARSHIP
     
    FUND INC
    EIN:
    68-0429307
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 5      


    TY 2015 OtherIncomeSchedule2
    Name:
    JOHN J & FREDA C MONNOT SCHOLARSHIP
     
    FUND INC
    EIN:
    68-0429307
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    UNRLZD LOSS ON SECURITIES -268,807    


    TY 2015 TaxesSchedule
    Name:
    JOHN J & FREDA C MONNOT SCHOLARSHIP
     
    FUND INC
    EIN:
    68-0429307
    Software ID:
    15000324
    Software Version:
    2015v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    2014 FORM 990PF FED TAXES 1,256      
    ATTORNEY GENERAL REG OF CHARITABLE ORG 50      
    FOREIGN WITHHOLDING 258      
    FRANCHISE TAX BOARD 10