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 05-01-2015 , and ending 04-30-2016
Name of foundation
SCHILDBERG FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 358
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GREENFIELD, IA50849
A Employer identification number

42-1282794
B Telephone number (see instructions)

(816) 640-5461
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$3,906,461J 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 8,186 8,186  
4 Dividends and interest from securities... 97,191 97,191  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 70,455
b Gross sales price for all assets on line 6a 2,245,776
7 Capital gain net income (from Part IV, line 2)... 70,455
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 12 12  
12 Total. Add lines 1 through 11........ 175,844 175,844  
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 5,745 4,309   1,436
c Other professional fees (attach schedule).... Click to see attachment 32,018 32,018    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,111 411    
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 attachment 237 119   118
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 42,111 36,857   1,554
25 Contributions, gifts, grants paid....... 185,000 185,000
26 Total expenses and disbursements. Add lines 24 and 25 227,111 36,857   186,554
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -51,267
b Net investment income (if negative, enter -0-) 138,987
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 475 1,158 1,158
2 Savings and temporary cash investments......... 30,144 108,315 108,315
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)....... 2,169,329 Click to see attachment2,404,401 2,888,732
c Investments—corporate bonds (attach schedule)....... 1,232,641 Click to see attachment867,448 908,256
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) 3,432,589 3,381,322 3,906,461
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........ 200,000 200,000
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 3,232,589 3,181,322
30 Total net assets or fund balances (see instructions)..... 3,432,589 3,381,322
31 Total liabilities and net assets/fund balances (see instructions). 3,432,589 3,381,322
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
3,432,589
2
Enter amount from Part I, line 27a .....................
2
-51,267
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
3,381,322
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
3,381,322
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 ABBOTT LABS P 2009-08-31 2016-01-15
b DREYFUS EMG MKT DEBT LOC P 2013-03-27 2015-12-16
c ISHARES MSCI AUSTRALIA ETF P 2014-03-27 2015-12-18
d PIMCO FOREIGN BOND P 2014-10-31 2015-10-16
e TEMPLETON GLOBAL BOND FD P 2009-05-15 2016-01-13
ABBVIE INC P 2009-08-31 2016-01-15
DREYFUS EMG MKT DEBT LOC P 2015-04-01 2015-12-16
ISHARES MSCI EAFE ETF P 2015-03-13 2016-03-18
PIMCO LOW DURATION FD P 2011-07-13 2016-03-16
TEMPLETON GLOBAL BOND FD P 2015-01-15 2016-01-13
ABERDEEN EMERG MARKETS P 2013-03-27 2016-01-13
DREYFUS INTERNATL BOND P 2015-09-24 2016-03-16
ISHARES MSCI GERMANY INDEX P 2014-03-27 2015-12-18
PIMCO LOW DURATION FD P 2015-03-31 2016-03-16
TEMPLETON GLOBAL BOND FD P 2007-10-18 2016-03-16
ACCENTURE PLC P 2005-08-09 2016-04-29
DRIEHAUS ACTIVE INCOME FUND P 2013-03-27 2016-03-16
ISHARES MSCI JAPAN ETF P 2014-03-27 2016-03-18
PRINCIPAL GL MULT STRAT P 2015-03-18 2016-03-16
US BANCORP P 2014-03-27 2016-01-15
AMEX MATERIALS SPDR P 2005-01-21 2016-01-15
DRIEHAUS ACTIVE INCOME FUND P 2015-03-25 2016-03-16
ISHARES RUSSELL MID-CAP ETF P 2014-11-07 2016-03-18
PRINCIPAL PREFERRED SEC P 2011-03-29 2016-03-16
VERIZON COMMUNICATIONS P 2014-02-25 2016-01-15
APACHE CORP P 2006-06-13 2015-08-14
DUKE REALTY CORPORATION P 2014-12-11 2016-03-04
ISHARES RUSSELL 2000 ETF P 2014-11-07 2016-03-18
PRINCIPAL PREFERRED SEC P 2015-03-31 2016-03-16
VODAFONE GROUP PLC P 2009-09-22 2016-01-15
ARTISAN MID CAP VALUE FUND P 2007-10-19 2016-01-13
E M C CORP MASS P 2006-12-06 2015-10-28
JOHNSON & JOHNSON P 1998-06-22 2016-04-29
PUBLIC SVC ENTERPRISE GROUP INC P 2010-05-14 2016-01-15
WALMART STORES P 2005-10-25 2016-01-15
ASHMORE EMERG MKTS P 2015-10-29 2016-03-16
EATON VANCE GLOBAL MACRO P 2014-07-30 2016-03-16
MAINSTAY CONVERTIBLE FD P 2014-03-07 2015-12-16
ROSS STORES INC P 2012-11-02 2016-01-15
WESTERN ASSET EMRG MK DEBT P 2013-03-27 2015-10-30
BOSTON P LNG/SHRT RES-INS P 2015-03-18 2016-03-16
EATON VANCE GLOBAL MACRO P 2015-03-30 2016-03-16
MAINSTAY CONVERTIBLE FD P 2015-03-31 2015-12-16
SALES FORCE COM INC P 2015-05-27 2016-01-15
WESTERN ASSET EMRG MK DEBT P 2013-03-27 2015-12-16
BOSTON PROPERTIES INC COM P 2015-03-18 2016-03-18
EQUITY RESIDENTIAL PPTYS TR SH BEN P 2014-12-11 2016-03-18
MORGAN STANLEY INS FR EMG P 2014-03-28 2016-01-13
SANDISK CORP COM P 2014-03-27 2015-06-01
WESTERN ASSET EMRG MK DEBT P 2014-12-23 2015-12-16
CAPITAL ONE FINANCIAL CORP P 2007-08-14 2016-01-15
FIRST POTOMAC RLTY TR P 2015-03-18 2016-03-18
NOVARTIS AG - ADR P 2006-12-06 2016-01-15
STRYKER CORP P 2005-03-01 2016-01-15
WESTERN ASSET NON-US OPP BND P 2007-10-18 2015-09-25
CHEVRON CORP P 2014-03-27 2015-12-18
GILEAD SCIENCES INC P 2012-11-01 2016-04-29
ORACLE CORPOARTION P 2009-04-23 2016-04-29
T ROWE PRICE INST EM MKT P 2010-03-29 2016-03-16
WESTERN ASSET NON-US OPP BND P 2014-09-30 2015-09-25
CONOCOPHILLIPS P 2005-05-26 2016-01-15
HOME DEPOT INC P 2012-05-21 2016-04-29
PEPSICO INC P 1999-09-24 2016-01-15
T ROWE PRICE SHORT TERM BD P 2014-12-12 2016-03-31
DANAHER CORP P 2008-04-28 2016-04-29
HONEYWELL INTERNATIONAL INC P 2014-03-27 2016-01-15
PIMCO FOREIGN BD FD USD P 2015-10-15 2016-01-13
TEMPLETON GLOBAL BOND FD P 2009-10-15 2015-10-30
DREYFUS EMG MKT DEBT P 2013-03-27 2015-10-30
INTEL CORP P 1998-06-02 2016-01-15
PIMCO FOREIGN BOND P 2010-10-29 2015-10-16
TEMPLETON GLOBAL BOND FD P 2014-11-17 2015-10-30
(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 10,950   5,983 4,967
b 21,143   30,862 -9,719
c 14,012   19,852 -5,840
d 916   964 -48
e 48,902   51,753 -2,851
14,535   6,488 8,047
205   235 -30
9,336   10,392 -1,056
34,297   36,645 -2,348
1,098   1,206 -108
17,628   26,357 -8,729
29,127   30,000 -873
16,894   20,095 -3,201
130   134 -4
119,628   123,409 -3,781
25,187   5,540 19,647
48,049   52,063 -4,014
19,363   19,105 258
93,333   100,000 -6,667
14,136   14,798 -662
27,192   16,000 11,192
974   1,025 -51
47,600   49,325 -1,725
25,741   26,220 -479
3,718   3,994 -276
8,676   10,949 -2,273
45,588   42,490 3,098
41,263   44,818 -3,555
46,543   47,348 -805
5,543   7,494 -1,951
80,490   95,382 -14,892
16,439   8,649 7,790
11,610   4,360 7,250
10,137   8,355 1,782
21,299   15,256 6,043
27,884   30,000 -2,116
11,475   11,928 -453
47,034   55,467 -8,433
12,516   6,729 5,787
15,000   18,464 -3,464
141,313   150,000 -8,687
525   549 -24
109   123 -14
13,619   13,686 -67
28,724   35,863 -7,139
36,626   41,259 -4,633
42,566   42,548 18
41,096   50,479 -9,383
13,755   15,724 -1,969
1,252   1,346 -94
18,676   12,935 5,741
28,684   39,277 -10,593
35,826   24,171 11,655
18,920   10,247 8,673
51,314   57,138 -5,824
12,025   15,322 -3,297
25,288   8,436 16,852
17,015   8,934 8,081
60,113   65,575 -5,462
1,365   1,417 -52
16,696   14,893 1,803
17,141   6,015 11,126
25,472   12,129 13,343
124,445   125,500 -1,055
30,435   11,102 19,333
14,875   13,556 1,319
135,044   145,000 -9,956
47,652   53,527 -5,875
15,000   21,025 -6,025
16,876   8,783 8,093
94,827   106,112 -11,285
2,348   2,516 -168
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       4,967
b       -9,719
c       -5,840
d       -48
e       -2,851
      8,047
      -30
      -1,056
      -2,348
      -108
      -8,729
      -873
      -3,201
      -4
      -3,781
      19,647
      -4,014
      258
      -6,667
      -662
      11,192
      -51
      -1,725
      -479
      -276
      -2,273
      3,098
      -3,555
      -805
      -1,951
      -14,892
      7,790
      7,250
      1,782
      6,043
      -2,116
      -453
      -8,433
      5,787
      -3,464
      -8,687
      -24
      -14
      -67
      -7,139
      -4,633
      18
      -9,383
      -1,969
      -94
      5,741
      -10,593
      11,655
      8,673
      -5,824
      -3,297
      16,852
      8,081
      -5,462
      -52
      1,803
      11,126
      13,343
      -1,055
      19,333
      1,319
      -9,956
      -5,875
      -6,025
      8,093
      -11,285
      -168
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 70,455
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 -44,990
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 203,903 4,165,273 0.048953
2013 191,765 4,139,685 0.046324
2012 197,021 4,037,160 0.048802
2011 205,221 3,909,627 0.052491
2010 205,280 4,047,430 0.050719
2
Total of line 1, column (d) .....................
20.247289
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
0.049458
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
3,926,541
5
Multiply line 4 by line 3......................
5
194,199
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,390
7
Add lines 5 and 6........................
7
195,589
8
Enter qualifying distributions from Part XII, line 4.............
8
186,554
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 2,780
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 2,780
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 2,780
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 3,201
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 2,400
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,601
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 2,821
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet2,821 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    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 ofbulletWELLS FARGO BANK TRUST DEPT Telephone no.bullet (515) 245-8330

    Located atbullet666 WALNUTDES MOINESIA ZIP+4bullet50309
    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
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MARLENE SCHILDBERG SECRETARY, T
    1.00     		0 0 0
    1157 GLEN OAKS DRIVE
    WEST DES MOINES,IA50266
    MARK SCHILDBERG PRESIDENT
    1.00     		0 0 0
    404 NE DODGE STREET
    GREENFIELD,IA50849
    KATHY HELLEBUYCK VICE PRESIDE
    1.00     		0 0 0
    613 SHORT STREET
    WESTON,MO64098
    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
    3,898,111
    b
    Average of monthly cash balances.......................
    1b
    88,225
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,986,336
    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
    3,986,336
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    59,795
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,926,541
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    196,327
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    196,327
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    2,780
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,780
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    193,547
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    193,547
    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
    193,547
    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
    186,554
    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
    186,554
    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
    186,554
    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 7 193,547
    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...... 6,032
    b From 2011...... 12,192
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........ 18,224
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 186,554
    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..... 186,554
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2015. 6,993 6,993
    (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 11,231
    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 ......     		11,231
    10 Analysis of line 9:
    a Excess from 2011.... 11,231
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ADAIR COUNTY HEALTH & FITNESS
    CENTER
    202 N TOWNLINE RD
    GREENFIELD,IA50849     		NONE CHARITY GENERAL OPERATIONS 5,000
    ADAIR COUNTY HISTORICAL SOCIETY
    2393 LAKEVIEW DRIVE
    GREENFIELD,IA50149     		NONE CHARITY GENERAL OPERATIONS 2,000
    ADAIR COUNTY MEMORIAL HOSPITAL
    609 SE KENT STR
    GREENFIELD,IA50849     		NONE CHARITY GENERAL OPERATIONS 5,000
    CITY OF MALVERN
    106 W 7TH STREET
    MALVERN,IA51551     		NONE CHARITY GENERAL OPERATIONS 2,000
    EE WARREN OPERA HOUSE ASSOCIATION
    156 PUBLIC SQUARE
    GREENFILED,IA50849     		NONE CHARITY REHAB HISTORIC BUILDINGS 9,000
    GLENWOOD FIRE DEPARTMENT
    120 S WALNUT
    GLENWOOD,IA51534     		NONE CHARITY GENERAL OPERATIONS 4,000
    GRISWOLD PUBLIC LIBRARY
    505 MAIN STREET
    GRISWOLD,IA51535     		NONE CHARITY GENERAL OPERATIONS 2,000
    HASTINGS FIRE & RESCUE
    401 INDIAN AVE
    HASTINGS,IA51540     		NONE CHARITY GENERAL OPERATIONS 5,000
    IOWA AVIATION MUSEUM OF GREENFIELD
    2251 AIRPORT ROAD
    GREENFIELD,IA50849     		NONE CHARITY GENERAL OPERATIONS 2,000
    JENNIE EDMUNDSON FOUNDATION
    JENNIE EDMUNDSON HOSPITAL
    933 E PIERCE STREET
    COUNCIL BLUFFS,IA51503     		NONE CHARITY GENERAL OPERATIONS 5,000
    LAMONI PARKS AND RECREATION
    190 SOUTH CHESTNUT
    LAMONI,IA50140     		NONE CHARITY GENERAL OPERATIONS 3,000
    MALVERN RESCUE DEPARTMENT
    110 E 5TH STREET
    MALVERN,IA51551     		NONE CHARITY GENERAL OPERATIONS 10,000
    MERCY COLLEGE OF HEALTH SCIENCE
    411 LAUREL ST
    DES MOINES,IA50314     		NONE CHARITY NURSING SCHOLARSHIP 10,000
    MILLS COUNTY STOREHOUSE
    405 NUCKOLLS STREET
    GLENWOOD,IA51534     		NONE CHARITY GENERAL OPERATIONS 2,000
    MONTGOMERY COUNTY FAMILY YMCA
    101 EAST CHERRY STREET
    RED OAK,IA51566     		NONE CHARITY GENERAL OPERATIONS 2,000
    SHELBY COUNTY CONSERVATION BOARD
    516 MAPLE ROAD
    HARLAN,IA51537     		NONE CHARITY GENERAL OPERATIONS 3,000
    ST JOHN'S CATHOLIC CHURCH
    303 NE ELM ST
    GREENFILD,IA50849     		NONE CHARITY BUILDING FUND 5,000
    TRI-CITY FRIENDSHIP CENTER
    208 S SECOND STREET
    MAITLAND,MO64466     		NONE CHARITY GENERAL OPERATIONS 10,000
    CITY OF CROMWELL
    PO BOX 13
    CROMWELL,IA50842     		NONE CHARITY GENERAL OPERATIONS 3,000
    EAST UNION COMM SCHOOL DISTRICT
    1916 HIGH SCHOOL DR
    AFTON,IA50830     		NONE CHARITY GENERAL OPERATIONS 3,000
    GRAHAM MO COMMUNITY
    412 E JACKSON ST
    GRAHAM,MO64455     		NONE CHARITY GENERAL OPERATIONS 5,000
    HERITAGE HOUSE
    1200 BROOKRIDGE CIR
    ATLANTIC,IA50022     		NONE CHARITY GENERAL OPERATIONS 20,000
    LENOX COMMUNITY TRUST
    117 N MAIN ST
    LENOX,IA50851     		NONE CHARITY GENERAL OPERATIONS 3,000
    LENOX PUBLIC LIBRARY
    101 N MAIN ST
    LENOX,IA50851     		NONE CHARITY GENERAL OPERATIONS 2,000
    CITY OF LENOX
    200 S MAIN STREET
    LENOX,IA50851     		NONE CHARITY GENERAL OPERATIONS 5,000
    CITY OF LEON
    104 W 1ST STREET
    LEON,IA50144     		NONE CHARITY GENERAL OPERATIONS 5,000
    MACEDONIA FIRE & RESCUE
    404 POTTER ST
    MACEDONIA,IA51549     		NONE CHARITY GENERAL OPERATIONS 5,000
    NODAWAY VALLEY COMM SCHOOL
    410 NW 2ND ST
    GREENFIELD,IA50849     		NONE CHARITY GENERAL OPERATIONS 2,000
    PACIFIC JUNCTION EMERGENC SERVICE
    505 LINCOLN VAE
    PACIFIC JUNCTION,IA51561     		NONE CHARITY GENERAL OPERATIONS 3,000
    REAL LIFE MINISTRIES
    1808 VICTOR AVE
    STUART,IA50250     		NONE CHARITY GENERAL OPERATIONS 5,000
    RED OAK VOLUNTEER FIRE
    1904 N BROADWAY ST
    RED OAK,IA51566     		NONE CHARITY GENERAL OPERATIONS 5,000
    SCIENCE CENTER OF IOWA
    401 MARTIN LUTHER KING JR
    DES MOINES,IA50309     		NONE CHARITY GENERAL OPERATIONS 5,000
    AFTON VOLUNTEER FIRE DEPARTMENT
    115 EAST KANSAS
    AFTON,IA50830     		NONE CHARITY GENERAL OPERATIONS 5,000
    JOHNNY CARSON BIRTHPLACE
    500 13TH ST
    CORNING,IA50841     		NONE CHARITY GENERAL OPERATIONS 1,000
    CLARINDA FOUNDATION TRAIL FUND
    114 E WASHINGTON ST
    CLARINDA,IA51632     		NONE CHARITY GENERAL OPERATIONS 5,000
    CITY OF CORNING
    601 6TH STREET
    CORNING,IA50841     		NONE CHARITY GENERAL OPERATIONS 2,000
    JOHN WAYNE BIRTHPLACE
    216 S 2ND ST
    WINTERSET,IA50273     		NONE CHARITY GENERAL OPERATIONS 2,000
    GREENFIELD PUBLIC LIBRARY
    202 1ST ST
    GREENFIELD,IA50849     		NONE CHARITY GENERAL OPERATIONS 2,000
    HEARTS AND HUGS DAYCARE
    2246 LOOMIS AVE
    CORNING,IA50841     		NONE CHARITY GENERAL OPERATIONS 1,000
    MOUND CITY NUTRITION SITE
    613 STATE ST
    MOUND CITY,MO64470     		NONE CHARITY GENERAL OPERATIONS 2,000
    CITY OF MURRAY
    420 MAPLE STREET
    MURRAY,IA50174     		NONE CHARITY GENERAL OPERATIONS 3,000
    PRESCOTT FIRE & RESCUE
    206 6TH AVE
    PRESCOTT,IA50859     		NONE CHARITY GENERAL OPERATIONS 5,000
    Total .................................bullet 3a 185,000
    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 8,186  
    4 Dividends and interest from securities....     14 97,191  
    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 70,455  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aCLASS ACTION SETTLEMENT     		    14 12  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   175,844  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13175,844
    (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:
    SCHILDBERG FOUNDATION
    EIN:
    42-1282794
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 5,745 4,309   1,436

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    SCHILDBERG FOUNDATION
    EIN:
    42-1282794
    Name of Bond End of Year Book Value End of Year Fair Market Value
    5.200% COLGATE-PALMOLIVE 2016 50,672 51,145
    5.550% JOHNSON & JOHNSON 2017 52,041 53,002
    5.500% UNITED PARCEL SERV 2018 49,802 53,884
    DODGE & COX INCOME FD 52,036 54,957
    ISHARES BARCLAYS TIPS BOND 170,068 184,612
    JPMORGAN HIGH YIELD FUND 105,000 107,591
    T ROWE PRICE INSTITUTIONAL FLOAT 52,000 52,511
    PRINCIPAL PREFERRED SECURITIES    
    VANGUARD FIXED INCOME SECS FD 108,827 114,988
    VANGUARD INFLATION PROTECTED 10,000 10,107
    VANGUARD INTERMEDIATE TERM B 19,947 20,290
    VANGUARD SHORT TERM BOND ETF 40,055 40,305
    FIDELITY ADVISORS EMERGING MARKETS 157,000 164,864
    WESTERN ASSET NON-US OPP BND    
    PIMCO FOREIGN BOND FUND    
    TEMPLETON GLOBAL BOND FUND-ADV    
    PIMCO LOW DURATION FUND    
    DREYFUS EMERGING MARKETS DEBT LOCAL    
    WESTERN ASSET EMERGING MARKET DEBT    
    MAINSTAY CONVERTIBLE FUND CLASS    
    T ROWE PRICE SHORT TERM BOND FD    

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    SCHILDBERG FOUNDATION
    EIN:
    42-1282794
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO COM 14,622 18,412
    ABBOT LABS    
    ABBVIE INC    
    ABERDEEN EMERGING MARKETS    
    ACCENTURE LTD 5,022 22,584
    AFFILIATED MANAGERS GROUP, INC 12,862 16,180
    ALPHABET INC CL C 7,058 6,930
    AMERIPRISE FINL INC 9,684 9,590
    AMEX MATERIALS SPDR    
    APACHE CORP    
    APPLE INC 21,368 20,154
    AQR MANAGED FUTURES STRATEGY FUND 38,000 37,665
    ARTISAN INTERNATIONAL FUND 62,172 85,279
    ARTISAN MID CAP VALUE FD 14 64    
    ASG GLOBAL ALTERNATIVES FUND CLASS Y 61,500 59,952
    BERKSHIRE HATHWAY INC DEL CL B 7,511 21,822
    BLACKROCK INC 9,374 10,690
    BLACKROCK GLOBAL LONG/SHORT CREDIT 96,500 96,979
    BOSTON PARTNERS LONG/SHORT RES.    
    BOSTON PROPERTIES INC COM    
    CAPITAL ONE FINANCIAL CORP    
    CELANESE CORP 24,608 27,573
    CHEVRON CORP    
    CISCO SYSTEMS INC 22,074 29,304
    CITIGROUP INC. 12,563 12,033
    CME GROUP INCE 18,846 18,382
    CONOCOPHILLIPS    
    CREDIT SUISSE COMMODITY RETURN 75,000 84,626
    CVS CORP 6,558 24,321
    DANAHER CORP    
    DODGE & COX STOCK FD COM 145 28,501 48,896
    DRIEHAUS ACTIVE INCOME FUND    
    DUKE REALTY CORPORATION    
    E M C CORP MASS    
    EATON CORP PLC 17,296 17,526
    EATON VANCE FLOBAL MACRO 40,193 38,645
    EQUITY RESIDENTIAL PPTYS TR SH    
    FIRST POTOMAC RLTY TR    
    GILEAD SCIENCES 13,363 34,931
    GOLDMAN SACHS GROUP INC 10,011 9,847
    HOME DEPOT INC 5,920 16,736
    HONEYWELL INTERNATIONAL INC    
    INTEL CORP    
    ISHARES CORE S&P SMALL CAP ETF 77,457 83,162
    ISHARES MSCI AUSTRALIA ETF    
    ISHARES MSCI EAFE ETF    
    ISHARES MSCI GERMANY INDEX    
    ISHARES MSCI JAPAN ETF    
    ISHARES RUSSELL 2000 ETF    
    ISHARES RUSSELL MID CAP ETF    
    ISHARES S&P MID-CAP 400 GROWTH 130,465 139,869
    ISHARES S&P MID-CAP 400 VALUE 128,889 145,703
    JOHNSON & JOHNSON 6,854 22,416
    JP MORGAN CHASE & CO 12,017 16,748
    JPMORGAN USLARGE CAP CORE PLUS 21,227 39,487
    KIMCO REALTY CORP 39,465 42,180
    MADISON MOSAIC MID-CP FND 396 55,608 76,030
    MANULIFE FINANCIAL CORP 21,960 24,305
    MICROSOFT CORP 23,005 47,377
    MONSANTO CO NEW 13,482 13,584
    MORGAN STANLEY INSTITUTIONAL FUND    
    NEUBERGER & BERMAN EQUITY FDS 37,838 45,713
    NEUBERGER BERMAN LONG SHORT FUND 138,000 141,002
    NIKE INC 8,558 8,841
    NOVARTIS AD -ADR    
    OAKMARK FUNDS 59,675 75,492
    OAKMARK FUNDS INTL SM CAP 41,321 51,646
    ORACLE CORPORATION    
    PEPSICO INC    
    PIEDMONT OFFICE REALTY TRUST 36,097 39,820
    PNC FINANCIAL SERVICES GROUP 14,915 15,362
    PRINCIPAL GLOBAL MULTI-STRATEGY    
    PROCTER & GAMBLE CO 21,275 31,006
    PUBLIC SVC ENTERPRISE GROUP IN    
    ROSS STORES INC    
    ROYCE PENNSYLVANIA MUTUAL FUND 62,840 76,762
    SANDISK CORP COM    
    SCHILDBERG E F CONSTRUCTION CO 76,301 81,400
    SCHLUMBERGER LTD 15,140 16,389
    SPDR DJ WILSHIRE INTL REAL ESTATE 121,525 125,089
    STERICYCLE INC COM 7,107 12,327
    STRYKER CORP    
    SUNCOR ENERGY INC NEW F 10,370 10,573
    T ROWE PRICE INST. EMER MKTS    
    T ROWE PRICE REAL ESTATE FUND 77,000 80,474
    TARGET CORP 7,035 20,909
    THE MERGER FUND CLASS 32,500 32,479
    THERMO FISHER SCIENTIFIC INC 9,764 36,351
    TRACTOR SUPPLY CO 14,056 18,932
    TOTAL S.A. 10,203 12,688
    TWEEDY BROWNE FD INC GLOBAL 27,939 33,914
    UNITED PARCEL SERVICE-CL B 14,562 15,761
    UNITED TECHNOLOGIES CORP 16,288 27,658
    US BANCORP DEL NEW    
    VANGUARD DEVELOPED MARKETS ETF 124,234 129,586
    VANGUARD EMERGING MKT STK IND 156,447 160,014
    VANGUARD REIT VIPER 102,429 125,200
    VERIZON COMMUNICATIONS    
    VISA INC CLASS A SHRS 4,149 17,611
    VODAFONE GROUP PLC    
    WAL MART STORES INC    
    WALT DISNEY CO 5,798 25,815

    TY 2015 OtherExpensesSchedule
    Name:
    SCHILDBERG FOUNDATION
    EIN:
    42-1282794
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    ADR FEES 6 3   3
    MISC EXPENSE 231 116   115


    TY 2015 OtherIncomeSchedule2
    Name:
    SCHILDBERG FOUNDATION
    EIN:
    42-1282794
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CLASS ACTION SETTLEMENT 12 12  


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    SCHILDBERG FOUNDATION
    EIN:
    42-1282794
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WELLS FARGO INVESTMENT MGMT 32,018 32,018    


    TY 2015 TaxesSchedule
    Name:
    SCHILDBERG FOUNDATION
    EIN:
    42-1282794
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 411 411    
    FEDERAL ESTIMATES 3,700