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 07-01-2015 , and ending 06-30-2016
Name of foundation
WILLIAM F & CATHARINE K OWENS
FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 745
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MATHEWS, VA231090745
A Employer identification number

52-6036018
B Telephone number (see instructions)

(804) 725-2232
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$952,638J 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 51,217 51,217  
4 Dividends and interest from securities... 65,636 65,636  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 503,641
b Gross sales price for all assets on line 6a 4,351,207
7 Capital gain net income (from Part IV, line 2)... 503,641
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 620,494 620,494  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 33,925     11,308
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 2,662     887
16a Legal fees (attach schedule)......... Click to see attachment 30,000 15,000   15,000
b Accounting fees (attach schedule)....... Click to see attachment 6,595 5,936   659
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 7,998      
19 Depreciation (attach schedule) and depletion... Click to see attachment 281    
20 Occupancy.............. 4,709 2,355   2,354
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 70,425 63,894    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 156,595 87,185   30,208
25 Contributions, gifts, grants paid....... 4,336,788 4,336,788
26 Total expenses and disbursements. Add lines 24 and 25 4,493,383 87,185   4,366,996
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,872,889
b Net investment income (if negative, enter -0-) 533,309
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............. 17,684 109,879 109,879
2 Savings and temporary cash investments......... 779,472 751,649 751,649
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)....... 2,448,593 Click to see attachment3,240 88,383
c Investments—corporate bonds (attach schedule)....... 1,491,628    
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 bullet20,866
Less: accumulated depreciation (attach schedule) bullet18,139 3,007 Click to see attachment2,727 2,727
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,740,384 867,495 952,638
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 4,740,384 867,495
30 Total net assets or fund balances (see instructions)..... 4,740,384 867,495
31 Total liabilities and net assets/fund balances (see instructions). 4,740,384 867,495
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
4,740,384
2
Enter amount from Part I, line 27a .....................
2
-3,872,889
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
867,495
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
867,495
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 EXPRESS SCRIPTS P 2010-12-01 2015-06-29
b CITIGROUP P 2015-06-15 2015-11-02
c RANGE RESOURCES P 2014-03-26 2015-11-02
d CARMAX INC P 2011-04-24 2015-11-02
e PEPSICO INC P 2005-05-11 2015-11-02
LIBERTY BROADBAND P 2015-08-05 2016-02-16
AMAZON INC P 2012-03-08 2016-02-16
CME GROUP P 2014-01-23 2016-02-16
NESTLE SA P 2010-12-01 2016-02-16
CARMAX INC P 2016-05-26 2016-06-20
UNION PACIFIC CORP P 2010-12-01 2016-06-20
BERKSHIRE HATHAWAY P 2005-01-04 2016-06-20
JPMORGAN P 2010-12-01 2016-06-20
STARBUCKS CORP P 2013-07-05 2016-06-20
GENERAL MILLS INC P 2005-01-13 2015-11-02
AGL RESOURCES P 2015-03-28 2016-02-12
AMERICAN AIRLS GROUP P 2014-01-23 2006-04-13
ALTRIA GROUP BOND P 2015-09-18 2016-02-12
FHLMC BOND P 2016-01-22 2016-06-22
FHLMC BOND P 2013-09-17 2016-06-23
FNMA PL BOND P 2007-02-22 2016-06-23
VANGUARD INTL GRWTH FD P 2007-10-10 2015-02-12
GENERAL MOTORS P 2012-09-07 2015-07-09
DANAHER CORP P 2015-09-28 2015-11-02
VALEANT PHARMA P 2013-11-27 2015-11-02
CELGENE CORP P 2010-12-01 2015-11-02
PRAXAIR INC P 2013-06-28 2015-11-02
LIBERTY BROADBAND P 2015-08-05 2016-02-16
AMERICAN AIRLS GROUP P 2014-01-23 2016-02-16
DANAHER CORP P 2005-05-11 2016-02-16
PARKER HANNIFIN CORP P 2013-04-19 2016-02-16
CHECK PT SOFTWARE P 2010-12-01 2016-06-20
ANTHEM INC P 2011-01-12 2016-05-26
BROOKFIELD ASSET MGM P 2005-08-24 2016-06-20
LIBERTY BROADBAND P 2014-05-07 2016-06-20
VISA INC P 2011-04-27 2016-06-20
HONEYWELL INTL INC P 2010-12-01 2015-11-02
ALTRIA GROUP P 2010-12-01 2016-02-12
LIBERTY MEDIA CORP P 2010-12-01 2016-04-19
FHLMC BOND P 2015-06-12 2016-02-16
AMERCAN EXPRESS BOND P 2012-10-18 2016-06-22
FHLMC BOND P 2001-01-12 2016-06-23
FNMA PL BOND P 2008-02-21 2016-06-23
VANGUARD SMALL CAP FD P 2010-12-01 2015-02-12
QUALCOMM INC P 2010-03-03 2015-07-09
EXXON MOBIL CORP P 2015-08-05 2015-11-02
ACCENTURE P 2014-05-21 2015-11-02
CHEVRON CORP P 2006-03-20 2015-11-02
SCHLUMBERGER LTD P 2014-09-22 2015-11-02
LIBERTY MEDIA CORP P 2015-02-20 2016-02-16
AMERICAN TOWER CORP P 2010-12-01 2016-02-16
EXXON MOBIL CORP P 2005-01-04 2016-02-16
PEPSICO INC P 2005-05-11 2016-02-16
DISCOVERY COMM P 2010-12-01 2016-06-20
EXXON MOBIL CORP P 2005-01-04 2016-06-01
CAPITAL ONE FINL P 2010-12-01 2016-06-20
LIBERTY BROADBAND P 2014-05-07 2016-06-20
WALT DISNEY CO P 2008-06-04 2016-06-20
LOCKHEED MARTIN CORP P 2005-02-04 2015-11-02
AMERICAN EXPRESS P 2005-03-30 2016-02-12
ACCENTURE PLC P 2015-04-24 2016-04-21
AT&T INC BOND P 2014-03-25 2016-02-16
APACHE CORP BOND P 2012-04-25 2016-06-22
FHLMC BOND P 2009-08-26 2016-06-23
GNMA PL BOND P 2005-04-18 2016-06-23
HARBOR INTL FUND P 2007-10-10 2016-03-31
QUALCOMM INC P 2010-03-03 2015-07-09
JOHNSON & JOHNSON P 2015-09-28 2015-11-02
ALPHABET INC P 2010-12-01 2015-11-02
CISCO SYS INC P 2014-06-11 2015-11-02
STARBUCKS CORP P 2013-07-05 2015-11-02
MERCK & CO INC P 2015-06-04 2016-02-16
AMERISOURCEBERGEN CO P 2013-01-25 2016-02-16
GENERAL ELECTRIC CO P 2013-01-31 2016-02-16
PRAXAIR INC P 2005-01-05 2016-02-16
FEDEX CORP P 2016-06-16 2016-06-20
HERSHEY COMPANY P 2014-08-11 2016-06-01
CARMAX INC P 2010-12-01 2016-06-20
LIBERTY MEDIA CORP P 2014-05-07 2016-06-20
WELLS FARGO & CO P 2010-12-01 2016-06-20
MERCK & CO INC P 2005-02-11 2015-11-02
CATERPILLAR INC P 2005-02-04 2016-02-12
ALTRIA GROUP P 2010-01-21 2016-04-21
BAKER HUGHES BOND P 2011-12-20 2016-02-16
APPLE INC BOND P 2014-03-25 2016-06-22
FHLMC BOND P 2005-04-28 2016-06-23
GNMA PL BOND P 2007-10-10 2016-06-23
VANGUARD SMALL CAP FD P 2010-12-01 2016-06-21
BAXTER INTERNATIONAL P 2014-04-09 2015-07-21
JPMORGAN P 2015-01-22 2015-11-02
ALPHABET INC P 2010-12-01 2015-11-02
CME GROUP P 2014-01-23 2015-11-02
WALT DISNEY CO P 2008-06-04 2015-11-02
MONDELEZ INTL P 2015-02-20 2016-02-16
AMGEN INC P 2013-02-28 2016-02-16
GENERAL ELECTRIC CO P 2013-01-31 2016-02-16
PVH CORP P 2010-12-01 2016-02-16
GENERAL DYNAMICS CO P 2016-04-13 2016-06-20
ACCENTURE PLC P 2008-09-10 2016-06-20
CELGENE CORP P 2013-05-24 2016-06-20
LIBERTY MEDIA CORP P 2014-05-07 2016-06-20
KIMBERLY CLARK CORP P 2010-12-01 2015-07-22
PHILLIPS 66 P 2005-03-30 2015-11-02
DOW CHEM CO P 2009-06-11 2016-02-12
BANK OF AMERICA P 2005-01-13 2016-04-21
COCA COLA CO BOND P 2013-12-09 2016-02-16
BRISTOL-MYERS BOND P 2015-06-12 2016-06-22
FHLMC BOND P 2006-01-20 2016-06-23
GNMA PL BOND P 2011-01-11 2016-06-23
HARBOR INTL FUND P 2010-12-01 2016-06-21
BAXALTA INC P 2015-07-21 2015-08-05
LIBERTY MEDIA CORP P 2015-02-20 2015-11-02
AMAZON INC P 2012-03-08 2015-11-02
DANAHER CORP P 2005-05-11 2015-11-02
WELLS FARGO & CO P 2009-12-16 2015-11-02
PRAXAIR INC P 2016-01-28 2016-02-16
ANHEUSER BUSCH P 2011-04-27 2016-02-16
HERSHEY COMPANY P 2014-08-11 2016-02-16
SCHLUMBERGER LTD P 2014-09-22 2016-02-16
ISHARES US HOME P 2016-06-09 2016-06-20
ACCENTURE PLC P 2008-09-10 2016-06-20
CHEVRON CORP P 2006-03-20 2016-06-20
MARKEL CORP P 2005-01-04 2016-06-20
KRAFT HEINZ CO MERGER P 2007-03-30 2015-07-22
PLUM CREEK TIMBER CO P 2005-02-04 2015-11-02
DUKE ENERGY P 2005-01-14 2016-02-12
PHILIP MORRIS INTL P 2008-03-28 2016-04-21
HOME DEPOT INC BOND P 2010-07-22 2016-02-16
GEORGIA PWR CO P 2012-08-24 2016-06-22
FHLMC BOND P 2012-05-17 2016-06-23
GNMA PL BOND P 2010-05-25 2016-06-23
VANGUARD INTL GRWTH FD P 2010-12-01 2016-06-21
BAXALTA INC P 2014-04-09 2015-08-05
MERCK & CO INC P 2015-06-04 2015-11-02
AMERICAN AIRLS GROUP P 2014-01-23 2015-11-02
DISH NETWORK P 2014-08-14 2015-11-02
AMAZON INC P 2012-03-08 2016-01-08
PRICELINE GROUP P 2010-12-01 2016-02-16
ANTHEM INC P 2011-01-12 2016-02-16
JM SMUCKER CO P 2012-03-01 2016-02-16
STARBUCKS CORP P 2013-07-05 2016-02-16
LIBERTY BROADBAND CO P 2015-08-05 2016-06-20
ALPHABET INC P 2010-12-01 2016-06-20
CITIGROUP P 2014-07-24 2016-06-20
MERCK & CO P 2015-06-04 2016-06-20
WASTE MANAGEMENT P 2005-03-28 2015-07-22
NATIONAL OIL WELL P 2015-03-10 2015-12-14
EATON CORP P 2012-12-03 2016-02-12
PHILIPS 66 P 2009-09-23 2016-04-21
MICROSOFT BOND P 2013-03-12 2016-02-16
HALLIBURTON CO BOND P 2011-06-14 2016-06-22
FHLMC BOND P 2016-09-12 2016-06-23
GNMA PL BOND P 2010-03-08 2016-06-23
VANGUARD SMALL CAP FD P 2010-12-01 2016-06-21
ALCOA INC P 2014-02-27 2015-09-15
MONDELEZ INTL P 2015-02-20 2015-11-02
AMERICAN TOWER CORP P 2010-12-01 2015-11-02
EXPRESS SCRIPTS P 2013-11-27 2015-11-02
DISH NETWORK P 2012-08-14 2016-01-08
UNION PACIFIC CORP P 2015-07-09 2016-02-16
APPLE INC P 2006-09-14 2016-02-16
JOHNSON & JOHNSON P 2005-01-04 2016-02-16
VISA INC P 2011-04-27 2016-02-16
MARATHON PETE CORP P 2016-03-17 2016-06-20
ALPHABET INC P 2010-12-01 2016-06-20
CME GROUP P 2010-12-01 2016-06-20
MONDELEZ INTL P 2015-02-20 2016-06-20
ACCENTURE P 2015-04-27 2015-11-02
EATON CORP P 2012-12-03 2015-12-14
GENERAL MILLS INC P 2005-01-13 2016-02-12
NORFOLK SOUTHERN P 2015-12-14 2016-05-09
UNITED PARCELS BOND P 2009-03-20 2016-02-12
IBM CORP BOND P 2013-02-13 2016-06-22
FHLMC BOND P 2010-01-08 2016-06-23
GNMA PL BOND P 2010-07-21 2016-06-23
DOMINION RESOURCES P 2016-03-15 2016-05-05
UNITED TECHNOLOGY P 2005-01-04 2015-09-28
MONSANTO CO P 2014-11-13 2015-11-02
AMERISOURCEBERGEN CO P 2013-01-25 2015-11-02
GENERAL ELECTRIC BOND P 2013-01-31 2015-11-02
BROOKFIELD ASSET MGM P 2015-04-16 2016-02-16
VISA INC P 2015-09-28 2016-02-16
BERKSHIRE HATHAWAY P 2005-01-04 2016-02-16
JPMORGAN P 2010-12-01 2016-02-16
WALT DISNEY CO P 2008-06-04 2016-02-16
MERCK & CO P 2016-08-21 2016-06-20
AMAZON INC P 2012-03-08 2016-06-20
DANAHER CORP P 2005-05-11 2016-06-20
MONSANTO CO P 2013-11-27 2016-06-20
ACE LIMITED P 2014-12-04 2015-11-02
EMERSON ELECTRIC P 2014-12-03 2015-12-14
PEPSICO INC P 2015-01-08 2016-02-12
AMERICAN EXPRESS P 2005-03-30 2016-04-29
UNITED TECH BOND P 2010-08-19 2016-02-12
PFIZER INC BOND P 2015-03-25 2016-06-22
FHLMC BOND P 2006-06-16 2016-06-23
GNMA PL BOND P 2010-12-21 2016-06-23
EXELON CORP P 2016-04-14 2016-05-05
AMAZON INC P 2010-12-01 2015-10-26
NESTLE SA P 2014-11-13 2015-11-02
AMGEN INC P 2013-02-28 2015-11-02
HERSHEY P 2014-08-11 2015-11-02
CAPITAL ONE FINL P 2016-01-08 2016-02-16
CISCO SYS INC P 2014-06-11 2016-02-04
BROOKFIELD ASSET MGM P 2010-12-01 2016-02-16
LIBERTY BROADBAND P 2014-05-07 2016-02-16
WELLS FARGO & CO P 2009-12-16 2016-02-16
MONSANTO CO P 2016-11-05 2016-06-20
AMERICAN TOWER CORP P 2009-06-18 2016-06-20
DANAHER CORP P 2005-05-11 2016-06-20
NESTLE SA P 2010-12-01 2016-06-20
MICROSOFT CORP P 2015-01-13 2015-11-02
PLUM CREEK TIMBER CO P 2010-12-01 2016-01-12
PHILIP MORRIS INTL P 2008-03-28 2016-02-12
NORFOLK SOUTHERN P 2012-06-26 2016-05-09
FHLMC BOND P 2013-06-17 2016-02-16
TARGET CORP BOND P 2011-06-14 2016-06-22
FHLMC BOND P 2012-02-22 2016-06-23
VANGUARD SMALL CAP FD P 2015-03-24 2015-11-04
MANULIFE P 2016-03-29 2016-05-05
RANGE RESOURCES P 2014-12-17 2015-10-29
PRICELINE GROUP P 2015-07-21 2015-11-02
ANHEUSER BUSCH P 2011-04-27 2015-11-02
JM SMUCKER CO P 2012-03-01 2015-11-02
CHECK PT SOFTWARE P 2015-12-04 2016-02-16
CISCO SYS INC P 2014-06-11 2016-02-04
CAPITAL ONE FINL P 2011-01-12 2016-02-16
LIBERTY MEDIA CORP P 2014-05-07 2016-02-16
STARBUCKS CORP P 2013-07-05 2016-03-17
MONSANTO CO P 2016-11-05 2016-06-20
AMERISOURCEBERGEN CO P 2013-01-25 2016-06-20
EXXON MOBIL CORP P 2005-01-04 2016-06-20
PEPSICO INC P 2005-05-11 2016-06-20
AGL RESOURCES P 2005-02-11 2015-11-02
LOCKHEED MARTIN CORP P 2005-02-04 2016-01-19
PUB SVC ENTERPISE P 2005-02-04 2016-02-12
GERNERAL MILLS P 2016-04-21 2016-05-26
FHLMC BOND P 2015-01-26 2016-02-16
VALERO ENERGY BOND P 2014-03-25 2016-06-22
FNMA PL BOND P 2011-10-14 2016-06-23
VANGUARD SMALL CAP FD P 2010-12-01 2015-11-04
XCEL ENERGY INC P 2016-03-11 2016-05-05
AMERICAN AIRLS GROUP P 2015-06-04 2015-11-02
UNION PACIFIC CORP P 2015-07-09 2015-11-02
ANTHEM INC P 2011-01-12 2015-11-02
JOHNSON & JOHNSON P 2005-01-04 2015-11-02
CITIGROUP P 2010-12-01 2016-02-16
EXPRESS SCRIPTS P 2013-11-27 2016-02-04
CARMAX INC P 2011-04-27 2016-02-16
LIBERTY MEDIA CORP P 2014-05-07 2016-02-16
PARKER HANNIFIN CORP P 2013-04-19 2016-03-23
ORACLE CORP P 2016-03-23 2016-06-20
AMGEN INC P 2013-02-28 2016-06-20
GENERAL ELECTRIC P 2013-01-31 2016-06-20
PRAXAIR INC P 2005-01-05 2016-06-20
ALTRIA GROUP P 2010-12-01 2015-11-02
3M COMPANY P 2010-12-01 2016-01-19
TARGET CORP P 2005-03-28 2016-02-12
LOCKHEED MARTIN CORP P 2005-02-04 2016-05-26
ALTRIA GROUP BOND P 2015-09-18 2016-06-22
VIRGINIA ELECTRIC BOND P 2014-12-15 2016-06-22
FNMA PL BOND P 2005-04-15 2016-06-23
HARBOR INTL FUND P 2015-12-17 2015-02-12
BROOKFIELD ASSET MGM P 2015-04-16 2015-11-02
VISA INC P 2015-09-28 2015-11-02
APPLE INC P 2006-09-14 2015-11-02
LIBERTY MEDIA CORP P 2014-05-07 2015-11-02
DISCOVERY COMM INC P 2015-11-05 2016-02-16
ACCENTURE P 2010-12-01 2016-02-16
CELGENE CORP P 2013-05-24 2016-02-16
LIBERTY MEDIA CORP P 2014-05-07 2016-02-16
ADOBE SYSTEMS INC P 2010-12-01 2016-06-20
PVH CORP P 2016-01-08 2016-06-20
ANHEUSER BUSCH P 2011-04-27 2016-06-20
JM SMUCKER CO P 2012-03-01 2016-06-20
PRICELINE GROUP P 2015-03-09 2016-06-20
AMERIPRISE FINANCIAL P 2005-09-30 2015-11-02
AMGEN INC P 2015-05-26 2016-02-12
WELLS FARGO & CO P 2010-12-01 2016-02-12
MONDELEZ INTL P 2007-03-30 2016-06-06
DOW CHEMICAL BOND P 2015-12-15 2016-06-22
WALGREENS BOOTS BOND P 2015-03-13 2016-06-22
FNMA PL BOND P 2009-09-14 2016-06-23
VANGUARD INTL GRWTH FD P 2015-12-18 2015-02-12
CAPITAL ONE FINL P 2015-05-20 2015-11-02
CUMMINS INC P 2013-11-27 2015-11-02
BERKSHIRE HATHAWAY P 2005-01-04 2015-11-02
MARKEL CORP P 2005-01-04 2015-11-02
EXXON MOBIL CORP P 2015-08-05 2016-02-16
ALPHABET INC P 2010-12-01 2016-02-16
CHEVRON CORP P 2006-03-20 2016-02-16
MARKEL CORP P 2005-01-04 2016-02-16
BROOKFIELD BUS PTNRS P 2016-06-20 2016-06-20
SCHLUMBERGER LTD P 2016-09-15 2016-06-20
ANHEUSER BUSCH P 2011-04-27 2016-06-20
JM SMUCKER CO P 2012-03-01 2016-06-20
PVH CORP P 2014-07-02 2016-06-20
BERKSHIRE HATHAWAY P 2005-03-30 2015-11-02
CVS HEALTH CORP P 2015-06-15 2016-02-12
AGL RESOURCES P 2010-12-01 2016-02-12
ALTRIA GROUP BOND MATURE P 2011-04-19 2015-09-11
GILEAD SCIENCES BOND P 2015-09-24 2016-06-22
FHLMC BOND P 2011-03-21 2016-06-23
FNMA PL BOND P 2006-08-17 2016-06-23
VANGUARD SMALL CAP FD P 2010-12-01 2015-02-12
CHICK PT SOFTWARE P 2015-10-26 2015-11-02
RANGE RESOURCES P 2010-12-01 2015-11-02
CAPITAL ONE FINL P 2011-01-12 2015-11-02
PARKER HANNIFIN CORP P 2013-04-19 2015-11-02
JOHNSON & JOHNSON P 2016-01-08 2016-02-16
ALPHABET INC P 2010-12-01 2016-02-16
CITIGROUP P 2014-07-24 2016-02-16
MONSANTO CO P 2010-12-01 2016-02-16
BROOKFIELD BUS PTNRS P 2016-06-20 2016-06-20
SOUTHWEST AIRLINES P 2016-04-13 2016-06-20
APPLE INC P 2016-09-14 2016-06-20
JOHNSON & JOHNSON P 2005-01-04 2016-06-20
SCHLUMBERGER LTD P 2010-12-01 2016-06-20
GENERAL ELECTRIC P 2005-03-30 2015-11-02
PARKER HANNIFIN CORP P 2015-10-12 2016-02-12
PERRIGO CO P 2016-02-16 2016-04-07
KINDER MORGAN BOND P 2010-12-21 2015-12-03
FANNIE MAE BOND P 2016-06-09 2016-06-22
FHLMC BOND P 2005-04-15 2016-06-23
FNMA PL BOND P 2007-07-20 2016-06-23
HARBOR INTL FUND P 2007-10-10 2015-02-12
(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 8,107   6,255 1,852
b 5,636   5,928 -292
c 1,334   3,890 -2,556
d 5,297   2,976 2,321
e 3,050   1,702 1,348
361   428 -67
3,118   1,111 2,007
5,895   4,910 985
6,671   6,324 347
2,797   2,939 -142
11,034   11,511 -477
14,947   6,000 8,947
12,222   8,865 3,357
9,750   5,879 3,871
8,933   3,938 4,995
3,233   2,007 1,226
9,169   7,315 1,854
21,204   20,615 589
48,915   48,386 529
27,622   27,402 220
3,047   2,719 328
120,243   185,965 -65,722
15,663   11,624 4,039
4,724   4,206 518
8,526   8,141 385
5,064   2,554 2,510
3,926   4,024 -98
1,897   2,249 -352
4,454   3,580 874
8,658   2,594 6,064
2,990   2,573 417
8,562   8,552 10
6,490   3,096 3,394
18,971   6,444 12,527
1,241   925 316
13,841   3,496 10,345
20,743   7,519 13,224
7,531   4,615 2,916
1,871   2,024 -153
46,426   45,885 541
50,435   50,462 -27
4,745   4,499 246
1,077   948 129
96,053   76,916 19,137
4,689   2,900 1,789
5,030   4,634 396
7,524   5,561 1,963
1,864   1,141 723
5,485   7,122 -1,637
1,293   1,536 -243
6,486   4,689 1,797
4,053   2,509 1,544
3,936   2,270 1,666
10,959   11,908 -949
2,679   1,505 1,174
16,715   12,029 4,686
4,291   3,146 1,145
8,501   2,905 5,596
21,916   5,795 16,121
5,707   5,656 51
3,914   3,199 715
50,332   50,190 142
49,242   52,372 -3,130
6,737   6,347 390
1,770   916 854
15,000   18,003 -3,003
6,252   3,867 2,385
3,571   3,194 377
3,682   2,512 1,170
4,017   3,500 517
1,874   1,008 866
4,472   5,350 -878
4,284   2,249 2,035
722   556 166
520   217 303
8,262   7,904 358
7,682   7,231 451
11,698   6,816 4,882
2,342   1,964 378
12,033   6,615 5,418
6,345   2,234 4,111
569   411 158
1,454   480 974
44,126   58,071 -13,945
50,231   47,176 3,055
3,706   2,845 861
16,243   14,347 1,896
836   806 30
9,641   10,293 -652
5,210   4,549 661
3,563   2,479 1,084
6,216   4,910 1,306
5,160   1,538 3,622
4,302   4,070 232
3,662   2,319 1,343
2,887   2,225 662
4,788   7,844 -3,056
8,485   8,083 402
5,973   1,936 4,037
11,486   7,035 4,451
6,878   5,703 1,175
15,468   7,898 7,570
4,551   1,196 3,355
2,274   884 1,390
2,635   7,962 -5,327
52,726   48,781 3,945
45,743   42,482 3,261
4,514   4,110 404
9,743   9,293 450
154,276   170,453 -16,177
9,634   8,224 1,410
3,539   3,457 82
4,984   1,482 3,502
2,362   649 1,713
5,182   2,470 2,712
3,640   3,432 208
4,090   2,209 1,881
3,613   3,616 -3
5,024   7,122 -2,098
8,278   8,436 -158
10,752   3,485 7,267
7,222   3,992 3,230
18,551   7,151 11,400
9,949   26,037 -16,088
10,283   9,373 910
2,297   2,260 37
969   2,535 -1,566
50,034   50,037 -3
52,125   51,142 983
21,766   21,780 -14
15,133   14,237 896
215,089   230,317 -15,228
9,634   8,353 1,281
4,409   4,756 -347
233   156 77
3,825   3,827 -2
4,855   1,482 3,373
5,565   6,104 -539
3,115   1,548 1,567
5,742   3,395 2,347
4,769   2,855 1,914
775   696 79
7,810   1,937 5,873
12,244   14,367 -2,123
5,641   5,945 -304
25,158   15,397 9,761
832   1,265 -433
2,694   2,356 338
436   107 329
52,941   52,076 865
56,405   53,584 2,821
31,165   30,327 838
8,048   7,718 330
153,047   94,059 58,988
10,794   13,429 -2,635
4,382   3,515 867
8,272   6,519 1,753
3,529   2,715 814
9,144   10,843 -1,699
4,771   5,810 -1,039
6,768   738 6,030
3,070   1,883 1,187
4,962   1,375 3,587
7,410   8,065 -655
7,666   1,925 5,741
12,785   9,876 2,909
10,233   8,511 1,722
6,447   5,646 801
4,837   4,735 102
1,702   762 940
3,258   3,349 -91
55,261   50,088 5,173
49,397   48,161 1,236
3,744   3,766 -22
15,729   15,178 551
72,077   2,642 69,435
13,044   7,658 5,386
2,798   2,798  
4,396   2,024 2,372
3,213   2,447 766
2,127   2,759 -632
1,063   1,033 30
5,797   2,571 3,226
5,265   4,514 751
4,179   1,538 2,641
5,359   5,432 -73
9,348   2,408 6,940
9,917   2,594 7,323
10,366   10,837 -471
8,546   8,694 -148
5,418   7,735 -2,317
4,918   4,888 30
7,700   6,067 1,633
53,637   52,419 1,218
43,286   41,886 1,400
1,742   1,724 18
6,727   6,446 281
19,766   725 19,041
12,171   3,901 8,270
5,324   5,187 137
3,231   1,855 1,376
3,499   3,616 -117
2,903   2,897 6
2,336   2,500 -164
5,703   3,307 2,396
686   661 25
1,206   650 556
546   471 75
17,300   4,705 12,595
9,917   2,594 7,323
13,635   10,806 2,829
7,418   6,612 806
8,636   7,251 1,385
4,450   4,450  
880   696 184
30,109   29,889 220
54,300   50,115 4,185
16,377   16,189 188
157   166 -9
55,700   2,042 53,658
1,885   3,988 -2,103
4,388   3,702 686
2,979   1,578 1,401
1,162   754 408
3,629   3,906 -277
7,943   8,499 -556
4,193   3,062 1,131
162   160 2
595   336 259
1,637   1,413 224
8,809   5,174 3,635
10,984   6,021 4,963
9,848   5,390 4,458
9,350   6,021 3,329
1,928   522 1,406
6,260   4,049 2,211
693   665 28
36,176   36,475 -299
52,025   52,274 -249
9,896   9,628 268
99,843   66,761 33,082
18,932   694 18,238
4,664   4,214 450
4,459   4,842 -383
2,795   1,239 1,556
1,020   628 392
5,067   7,075 -2,008
9,508   9,501 7
5,288   3,803 1,485
1,145   1,170 -25
7,794   6,003 1,791
7,997   8,262 -265
7,569   4,639 2,930
8,216   5,895 2,321
10,743   4,117 6,626
12,030   12,578 -548
9,615   4,881 4,734
2,758   2,020 738
5,775   1,391 4,384
33,041   30,886 2,155
51,105   49,879 1,226
4,588   4,099 489
13,886   15,247 -1,361
7,693   8,430 -737
6,025   5,511 514
5,441   475 4,966
1,434   1,170 264
3,368   3,777 -409
6,297   2,721 3,576
5,729   3,365 2,364
1,939   1,916 23
8,863   7,950 913
4,025   2,820 1,205
2,795   1,389 1,406
3,492   1,811 1,681
12,141   10,959 1,182
12,200   31,927 -19,727
2,841   3,184 -343
2,316   1,370 946
4,780   4,780  
51,099   48,514 2,585
42,145   42,465 -320
10,374   9,696 678
4,757   5,455 -698
4,777   5,125 -348
9,275   11,903 -2,628
6,842   2,857 3,985
8,620   3,576 5,044
1,621   1,545 76
3,584   933 2,651
2,967   1,996 971
12,425   5,364 7,061
3   3  
5,850   5,509 341
5,464   2,715 2,749
10,332   5,357 4,975
10,565   12,357 -1,792
7,527   2,180 5,347
2,845   3,071 -226
6,451   4,014 2,437
50,000   50,000  
42,684   40,234 2,450
12,438   30,822 -18,384
332   301 31
3,947   4,518 -571
2,542   2,435 107
5,336   15,077 -9,741
1,990   1,178 812
2,621   2,144 477
4,093   3,936 157
3,452   927 2,525
390   504 -114
5,270   7,102 -1,832
244   235 9
7,415   8,308 -893
6,428   707 5,721
17,535   9,413 8,122
5,070   6,168 -1,098
6,568   8,089 -1,521
2,955   7,734 -4,779
7,283   7,759 -476
49,349   51,761 -2,412
40,078   40,134 -56
9,183   2,702 6,481
1,717   1,546 171
136,114   181,440 -45,326
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       1,852
b       -292
c       -2,556
d       2,321
e       1,348
      -67
      2,007
      985
      347
      -142
      -477
      8,947
      3,357
      3,871
      4,995
      1,226
      1,854
      589
      529
      220
      328
      -65,722
      4,039
      518
      385
      2,510
      -98
      -352
      874
      6,064
      417
      10
      3,394
      12,527
      316
      10,345
      13,224
      2,916
      -153
      541
      -27
      246
      129
      19,137
      1,789
      396
      1,963
      723
      -1,637
      -243
      1,797
      1,544
      1,666
      -949
      1,174
      4,686
      1,145
      5,596
      16,121
      51
      715
      142
      -3,130
      390
      854
      -3,003
      2,385
      377
      1,170
      517
      866
      -878
      2,035
      166
      303
      358
      451
      4,882
      378
      5,418
      4,111
      158
      974
      -13,945
      3,055
      861
      1,896
      30
      -652
      661
      1,084
      1,306
      3,622
      232
      1,343
      662
      -3,056
      402
      4,037
      4,451
      1,175
      7,570
      3,355
      1,390
      -5,327
      3,945
      3,261
      404
      450
      -16,177
      1,410
      82
      3,502
      1,713
      2,712
      208
      1,881
      -3
      -2,098
      -158
      7,267
      3,230
      11,400
      -16,088
      910
      37
      -1,566
      -3
      983
      -14
      896
      -15,228
      1,281
      -347
      77
      -2
      3,373
      -539
      1,567
      2,347
      1,914
      79
      5,873
      -2,123
      -304
      9,761
      -433
      338
      329
      865
      2,821
      838
      330
      58,988
      -2,635
      867
      1,753
      814
      -1,699
      -1,039
      6,030
      1,187
      3,587
      -655
      5,741
      2,909
      1,722
      801
      102
      940
      -91
      5,173
      1,236
      -22
      551
      69,435
      5,386
       
      2,372
      766
      -632
      30
      3,226
      751
      2,641
      -73
      6,940
      7,323
      -471
      -148
      -2,317
      30
      1,633
      1,218
      1,400
      18
      281
      19,041
      8,270
      137
      1,376
      -117
      6
      -164
      2,396
      25
      556
      75
      12,595
      7,323
      2,829
      806
      1,385
       
      184
      220
      4,185
      188
      -9
      53,658
      -2,103
      686
      1,401
      408
      -277
      -556
      1,131
      2
      259
      224
      3,635
      4,963
      4,458
      3,329
      1,406
      2,211
      28
      -299
      -249
      268
      33,082
      18,238
      450
      -383
      1,556
      392
      -2,008
      7
      1,485
      -25
      1,791
      -265
      2,930
      2,321
      6,626
      -548
      4,734
      738
      4,384
      2,155
      1,226
      489
      -1,361
      -737
      514
      4,966
      264
      -409
      3,576
      2,364
      23
      913
      1,205
      1,406
      1,681
      1,182
      -19,727
      -343
      946
       
      2,585
      -320
      678
      -698
      -348
      -2,628
      3,985
      5,044
      76
      2,651
      971
      7,061
       
      341
      2,749
      4,975
      -1,792
      5,347
      -226
      2,437
       
      2,450
      -18,384
      31
      -571
      107
      -9,741
      812
      477
      157
      2,525
      -114
      -1,832
      9
      -893
      5,721
      8,122
      -1,098
      -1,521
      -4,779
      -476
      -2,412
      -56
      6,481
      171
      -45,326
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 2 503,641
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 3 171,904
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 183,039 5,720,506 0.031997
2013 547,926 5,734,393 0.095551
2012 544,453 5,630,698 0.096694
2011 165,761 5,657,067 0.029302
2010 1,282,973 5,346,727 0.239955
2
Total of line 1, column (d) .....................
20.493499
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
0.098700
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
3,294,767
5
Multiply line 4 by line 3......................
5
325,194
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
5,333
7
Add lines 5 and 6........................
7
330,527
8
Enter qualifying distributions from Part XII, line 4.............
8
4,366,996
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 5,333
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 5,333
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 5,333
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 6,000
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 6,000
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 10 667
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet0 RefundedBullet 11 667
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)
    bulletMD
    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 addressbulletNONE
    14
    The books are in care ofbulletTHE FOUNDATION Telephone no.bullet (804) 725-2232

    Located atbulletPO BOX 745MATHEWSVA ZIP+4bullet23109
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ROSALYN WHITE PRESIDENT
    2.00     		0 0 0
    PO BOX 188
    GWYNN,VA23066
    DEBRA HANCOCK TREASURER
    2.00     		0 0 0
    PO BOX 129
    MATHEWS,VA23109
    STURE SIGFRED BOARD MEMBER
    1.00     		0 0 0
    305 BROOKE AVE UNIT 404
    NORFLOK,VA23510
    PEGGY HUDGINS BOARD MEMBER
    1.00     		0 0 0
    PO BOX 1303
    HALLIEFORD,VA23068
    HERBERT M CARTER SECRETARY
    1.00     		0 0 0
    PO BOX 176
    HUDGINS,VA23076
    CAROLYN GIBBS EXECUTIVE DI
    30.00     		33,925 0 0
    PO BOX 745
    MATHEWS,VA23109
    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
    2,508,232
    b
    Average of monthly cash balances.......................
    1b
    829,342
    c
    Fair market value of all other assets (see instructions)................
    1c
    7,367
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,344,941
    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
    3,344,941
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    50,174
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,294,767
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    164,738
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    164,738
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    5,333
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,333
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    159,405
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    159,405
    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
    159,405
    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
    4,366,996
    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
    4,366,996
    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
    5,333
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    4,361,663
    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 7 159,405
    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...... 950,792
    b From 2011......  
    c From 2012...... 268,142
    d From 2013...... 264,908
    e From 2014......  
    fTotal of lines 3a through e........ 1,483,842
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 4,366,996
    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..... 159,405
    e Remaining amount distributed out of corpus 4,207,591
    5 Excess distributions carryover applied to 2015.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 5,691,433
    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) ...     		950,792
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		4,740,641
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012.... 268,142
    c Excess from 2013.... 264,908
    d Excess from 2014....  
    e Excess from 2015.... 4,207,591
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2015, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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
    ANTIOCH BAPTIST CHURCH
    RR 604
    SUSAN,VA23163     		NONE 501C3 RELIGIOUS 6,000
    CHURCH OF FRANCIS DE SALEST PAUL
    176 LOVERS LN
    MATHEWS,VA23109     		NONE 501C3 RELIGIOUS 8,500
    EBENEZER BAPTIST CHURCH
    RR 198
    COBBS CREEK,VA23035     		NONE 501C3 RELIGIOUS 60,000
    EMMANUEL UM CHURCH
    84 GRACE ST
    FOSTER,VA23056     		NONE 501C3 RELIGIOUS 2,000
    EMMAUS BAPTIST CHURCH
    814 YORKTOWN RD
    POQUOSON,VA23662     		NONE 501C3 RELIGIOUS 2,000
    FIRST BAPTIST
    PO BOX 8
    MATHEWS,VA23109     		NONE 501C3 RELIGIOUS 10,000
    KINGSTON PARISH PRESCHOOL
    PO BOX 471
    MATHEWS,VA23109     		NONE 501C3 RELIGIOUS 2,700
    KINGSTON PARISH
    PO BOX 471
    MATHEWS,VA23109     		NONE 501C3 RELIGIOUS 2,000
    MATHEWS BAPTIST CHURCH
    8284 BUCKLEY HALL RD
    HUDGINS,VA23076     		NONE 501C3 RELIGIOUS 2,500
    SALEM UNITED METHODIST
    PO BOX 745
    MATHEWS,VA23109     		NONE 501C3 HEALTH CARE 2,000
    WESTVILLE BAPTIST
    105 MAIN ST
    MATHEWS,VA23109     		NONE 501C3 RELIGIOUS 2,000
    BAY SCHOOL CULTURAL ARTS
    PO BOX 1524
    MATHEWS,VA23109     		NONE 501C3 EDUCATIONAL PROGRAMS KIDS & SENIORS 6,500
    CONCERTS BY THE BAY
    9889 BUCKLEY HALL RD
    MATHEWS,VA23109     		NONE 501C3 MUSICAL ARTS 1,000
    GLOUCESTER MATHEWS FREE CLINIC
    CLINIC 2276 GW HWY
    HAYS,VA23072     		NONE 501C3 HEALTH SERVICES 10,000
    GLOUCESTER MATHEWS HUMANE
    6620 JACKSON LANE
    GLOUCESTER,VA23061     		NONE 501C3 ANIMAL WELFARE 1,500
    GWYNN'S ISLAND CIVIC LEAGUE
    1966 OLD FERRY RD
    HUDGINS,VA23076     		NONE 501C3 CIVIC LEAGUE 1,000
    HANDS ACROSS MATHEWS
    PO BOX 1303
    MATHEWS,VA23109     		NONE 501C3 FOOD FOR NEEDY 7,600
    JACOB'S LADDER
    83 HILCREST LN
    URBANNA,VA23175     		NONE 501(C)3 EDUCATIONAL 4,500
    MATHEWS BOYS & GIRLS CLUB
    3200 GEORGE WASHINGTON HW
    HAYS,VA23072     		NONE 501C3 CHILD CARE 6,500
    MATHEWS COUNTY HISTORICAL
    SOCIETY 482 MAIN ST
    MATHEWS,VA23109     		NONE 501C3 EDUCATIONAL 1,000
    MATHEWS LAND CONSERVANCY
    1039 WILLIAMS WHARF RD
    MATHEWS,VA23109     		NONE 501(C)3 LAND CONSERVANCY 2,282,144
    MATHEWS COUNTY TRIAD
    PO BOX 190
    MATHEWS,VA23109     		NONE 501C3 LIFELINE - SENIORS 3,200
    MATHEWS COUNTY VISITOR CENTER
    239 MAIN ST
    MATHEWS,VA23109     		NONE 501C3 COUNTY VISITOR CENTER 11,000
    MATHEWS FAMILY YMCA
    101 MAIN ST
    MATHEWS,VA23109     		NONE 501(C)3 HEALTH AND FITNESS 100,000
    MATHEWS HIGH SCHOOL
    PO BOX 38
    MATHEWS,VA23109     		NONE 501C3 EDUCATIONAL, ATHLETICS 1,000
    MATHEWS LITTLE LEAGUE
    7138 BUCKLEY HALL RD
    COBBS CREEK,VA23035     		NONE 501C3 CHILD SPORTS 4,500
    MATHEWS LIONS CLUB
    138 MAIN ST
    MATHEWS,VA23109     		NONE 501C3 WELFARE 2,000
    MATHEWS ROWING ASSOCIATION
    9889 BUCKLY HALL RD
    MATHEWS,VA23109     		NONE 501C3 FITNESS 25,000
    MATHEWS RURITAN CHRISTMAS FUND
    RR 198
    MATHEWS,VA23109     		NONE 501C3 WELFARE 2,500
    MATHEWS DEPT OF SOCIAL SERVICES
    SERVICES PO BOX 925
    MATHEWS,VA23109     		NONE 501C3 CHILD CARE 12,500
    RAPPAHANNOCK COMM COLLEGE
    12745 COLLEGE DR
    SALUDA,VA23149     		NONE 501C3 EDUCATION 50,000
    RURAL INFANT SERVICES
    5372 OLD VA RD
    URBANNA,VA23175     		NONE 501C3 WELFARE 4,000
    THOMAS HUNTER - BETA CLUB
    387 CHURCH ST
    MATHEWS,VA23109     		NONE 501C3 EDUCATION 600
    MATHEWS COMMUNITY FOUNDATION
    138 MAIN ST
    MATHEWS,VA23109     		NONE 501C3 COMMUNITY WELFARE 1,699,044
    Total .................................bullet 3a 4,336,788
    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 51,217  
    4 Dividends and interest from securities....     14 65,636  
    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 ............     		    18 503,641  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   620,494  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13620,494
    (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:
    WILLIAM F & CATHARINE K OWENS
     
    FOUNDATION INC
    EIN:
    52-6036018
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 6,595 5,936   659

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

    TY 2015 DepreciationSchedule
    Name:
    WILLIAM F & CATHARINE K OWENS
     
    FOUNDATION INC
    EIN:
    52-6036018
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    OFFICE IMPROVEMENTS 2007-08-01 3,145 636 S/L 39.0000 81      
    WINDOW TREATMENTS 2007-08-01 7,275 7,275 200DB 5.0000        
    FURNITURE AND COMPUTER 2001-12-31 3,101 3,101 200DB 7.0000        
    FURNITURE 2002-12-31 6,349 6,349 200DB 7.0000        
    COMPUTER 2012-12-31 996 498 S/L 5.0000 200      

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    WILLIAM F & CATHARINE K OWENS
     
    FOUNDATION INC
    EIN:
    52-6036018
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS    

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    WILLIAM F & CATHARINE K OWENS
     
    FOUNDATION INC
    EIN:
    52-6036018
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCKS 3,240 88,383
    CORPORATE MUTUAL FUNDS    

    TY 2015 LandEtcSchedule2
    Name:
    WILLIAM F & CATHARINE K OWENS
     
    FOUNDATION INC
    EIN:
    52-6036018
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FURNITURE AND IMPROVEMENTS 20,866 18,139 2,727 2,727
    LAND 2 ACRES        


    TY 2015 LegalFeesSchedule
    Name:
    WILLIAM F & CATHARINE K OWENS
     
    FOUNDATION INC
    EIN:
    52-6036018
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 30,000 15,000   15,000


    TY 2015 OtherExpensesSchedule
    Name:
    WILLIAM F & CATHARINE K OWENS
     
    FOUNDATION INC
    EIN:
    52-6036018
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INSURANCE 3,365      
    INVESTMENT FEES 63,894 63,894    
    POSTAGE 144      
    SUPPLIES 1,995      
    TAXES - OTHER 49      
    REPAIRS 100      
    BANK CHARGES 878      


    TY 2015 TaxesSchedule
    Name:
    WILLIAM F & CATHARINE K OWENS
     
    FOUNDATION INC
    EIN:
    52-6036018
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FORM 990PF TAX 7,998