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 11-01-2015 , and ending 10-31-2016
Name of foundation
MONTGOMERY FAMILY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)2340 PERIMETER PARK DRIVE NO 100
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ATLANTA, GA30341
A Employer identification number

58-1928906
B Telephone number (see instructions)

(770) 458-5000
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$11,746,070J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 202,364 202,364  
5a Gross rents............ 12,717 12,717  
b Net rental income or (loss) 8,884
6a Net gain or (loss) from sale of assets not on line 10 834,245
b Gross sales price for all assets on line 6a 3,930,456
7 Capital gain net income (from Part IV, line 2)... 834,245
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 360,977 360,977  
12 Total. Add lines 1 through 11........ 1,410,303 1,410,303  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 97,500 0   0
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 14,068 5,487   0
c Other professional fees (attach schedule).... Click to see attachment 107,968 107,968   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 16,370 0   0
19 Depreciation (attach schedule) and depletion... 66,461 66,461  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 21,254 0   0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 10,629 3,833   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 334,250 183,749   0
25 Contributions, gifts, grants paid....... 547,063 547,063
26 Total expenses and disbursements. Add lines 24 and 25 881,313 183,749   547,063
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 528,990
b Net investment income (if negative, enter -0-) 1,226,554
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............. -1    
2 Savings and temporary cash investments......... 8,099 29,405 29,405
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 10,341,208 Click to see attachment10,814,271 11,716,665
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) 10,349,306 10,843,676 11,746,070
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) Click to see attachment348,474 Click to see attachment247,220
23 Total liabilities (add lines 17 through 22)......... 348,474 247,220
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........ 110,000 110,000
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 9,890,832 10,486,456
30 Total net assets or fund balances (see instructions)..... 10,000,832 10,596,456
31 Total liabilities and net assets/fund balances (see instructions). 10,349,306 10,843,676
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
10,000,832
2
Enter amount from Part I, line 27a .....................
2
528,990
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
66,634
4
Add lines 1, 2, and 3 ..........................
4
10,596,456
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
10,596,456
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 WELLS FARGO ACCT #3931-7086 P 2013-01-01 2016-09-30
b WELLS FARGO ACCT #4728-6500 P 2013-01-01 2016-09-30
c CAPITAL GAIN DIVIDENDS P 2013-01-01 2016-09-30
d POST MONTGOMERY 1.435 ACRES GARZA CO P 2013-01-01 2016-09-30
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 4,304   4,304 0
b 3,613,734   3,091,906 521,828
c 311,996     311,996
d 422   1 421
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       0
b       521,828
c       311,996
d       421
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 834,245
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 621,051 12,110,391 0.051282
2013 495,426 11,734,238 0.042221
2012 438,154 10,115,048 0.043317
2011 404,091 8,968,586 0.045056
2010 354,520 8,436,227 0.042024
2
Total of line 1, column (d) .....................
20.223900
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
0.044780
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
11,326,100
5
Multiply line 4 by line 3......................
5
507,183
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
12,266
7
Add lines 5 and 6........................
7
519,449
8
Enter qualifying distributions from Part XII, line 4.............
8
547,063
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 12,266
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 12,266
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 12,266
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 19,000
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 19,000
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 6,734
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet6,734 RefundedBullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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)
    bulletGA
    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 ofbulletBRADY WARE SCHOENFELD INC Telephone no.bullet (770) 458-5000

    Located atbullet2340 PERIMETER PARK DR STE 100ATLANTAGA ZIP+4bullet30341
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2015.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    LJ MONTGOMERY CEO
    5.00     		25,000 0 0
    3970 BEECHWOOD DRIVE NW
    ATLANTA,GA30327
    LJ MONTGOMERY III PRESIDENT
    20.00     		20,000 0 0
    200 WALKER ROAD
    CARROLLTON,GA30117
    MARY MONTGOMERY TREASURER
    20.00     		20,000 0 0
    200 WALKER ROAD
    CARROLLTON,GA30117
    ELIZABETH MONTGOMERY SCHEINE DIRECTOR
    15.00     		10,000 0 0
    17372 TEDLER CIRCLE
    ROUND HILL,VA20141
    BEVERLY EDMUNDSON BENNETT SENIOR DIRECTOR
    20.00     		22,500 0 0
    344 COUNTY ROAD 4413
    POPLAR BLUFF,MO63901
    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 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    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 NONE 0
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    11,405,579
    b
    Average of monthly cash balances.......................
    1b
    93,000
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    11,498,579
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    11,498,579
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    172,479
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    11,326,100
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    566,305
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    566,305
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    12,266
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    12,266
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    554,039
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    173
    5
    Add lines 3 and 4............................
    5
    554,212
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    554,212
    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
    547,063
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    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
    547,063
    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
    12,266
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    534,797
    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 7 554,212
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 529,089
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 547,063
    a Applied to 2014, but not more than line 2a 529,089
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2015 distributable amount..... 17,974
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 0 0
    (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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		536,238
    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) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2011....  
    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
    ABAC FOUNDATION
    2803 MOORE HIGHWAY
    TIFTON,GA31793     		  NON-PROFIT ORGANIZAT UNDERGRADUATE FINANCIAL ASSISTANCE 67,000
    ABRAHAM BALDWIN AGRICULTURAL COLLEGE
    2803 MOORE HIGHWAY
    TIFTON,GA31793     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 500
    ADVOCATES FOR CHILDREN FLOWERING BRANCH CHILDREN'S SHELTER PROGRAM
    PO BOX 446
    CARTERSVILLE,GA30120     		  NON-PROFIT ORGANIZAT VARIOUS CHARITABLE PROGRAMS ASSISTANCE 2,000
    ARKANSAS STATE UNIVERSITY
    PO BOX 1625
    STATE UNIVERSITY,AR72467     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 11,750
    ARMSTRONG STATE UNIVERSITY
    11935 ABERCORN STREET
    SAVANNAH,GA31419     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 500
    AUBURN UNIVERSITY AT MONTGOMERY
    PO BOX 244023
    MONTGOMERY,AL36124     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 7,500
    AUBURN UNIVERSITY FOUNDATION
    317 SOUTH COLLEGE STREET
    AUBURN,AL36849     		  NON-PROFIT ORGANIZAT VARIOUS CHARITABLE PROGRAMS ASSISTANCE 10,000
    AUBURN UNIVERSITY
    115 QUAD CENTER
    AUBURN,AL36849     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 8,500
    BLACK RIVER TECHNICAL COLLEGE
    1410 HIGHWAY 304 EAST
    POCAHONTAS,AR72455     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 500
    BREWTON PARKER COLLEGE
    201 DAVID-ELIZA FOUNDATIN CIRCLE
    MT VERNON,GA30445     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,500
    CAPROCK CULTURAL ASSOCIATION
    109 NORTH AVENUE N
    POST,TX79356     		  NON-PROFIT ORGANIZAT VARIOUS CHARITABLE PROGRAMS ASSISTANCE 2,000
    CARROLLTON FIRST UMC
    206 NEWMAN STREET
    CARROLLTON,GA30117     		  CHURCH VARIOUS CHARITABLE PROGRAMS ASSISTANCE 5,000
    CENTRAL METHODIST UNIVERSITY
    411 CENTRAL METHODIST SQUARE
    FAYETTE,MO65248     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 500
    CHIPPEWA VALLEY TECHNICAL COLLEGE
    620 WEST CLAIREMONT AVENUE
    EAU CLAIRE,WI54701     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,500
    CISCO COLLEGE
    101 COLLEGE HEIGHTS
    CISCO,TX76437     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 500
    COLUMBIA COLLEGE OF MISSOURI
    1001 ROGERS STREET
    COLUMBIA,MO65201     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 2,000
    CONCORDIA UNIVERSITY - ST PAUL
    1282 CONCORDIA AVENUE
    ST PAUL,MN55104     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,500
    CROWLEY'S RIDGE COLLEGE
    100 COLLEGE DRIVE
    PARAGOULD,AR72450     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 3,000
    DELTA SIGMA PHI FOUNDATION
    1331 N DELAWARE STREET
    INDIANAPOLIS,IN46202     		  NON-PROFIT ORGANIZAT VARIOUS CHARITABLE PROGRAMS ASSISTANCE 1,000
    DRURY UNIVERSITY
    900 NORTH BENTON AVENUE
    SPRINGFIELD,MO65802     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 320
    EAST CENTRAL COLLEGE
    1964 PRAIRIE DELL ROAD
    UNION,MO63084     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,000
    EAST TENNESSE STATE UNIVERSITY
    PO BOX 70722
    JOHNSON CITY,TN37614     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,500
    EASTERN NEW MEXICO UNIVERSITY
    500 SOUTH AVENUE K
    PORTALES,NM88130     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,500
    EVANGEL UNIVERSITY
    1111 N GLENSTONE AVENUE
    SPRINGFIELD,MO65802     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 2,000
    FARRAGUT HIGH SCHOOL
    11237 KINGSTON PIKE
    KNOXVILLE,TN37934     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 895
    FLORIDA A & M UNIVERSITY
    1601 S MARTIN LUTHER KING JR
    BOULEVARD
    TALLAHASSEE,FL32307     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 700
    FLORIDA STATE COLLEGE AT JACKSONVILLE
    NORTH CAMPUS 4501 CAPPER ROAD
    JACKSONVILLE,FL32218     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,500
    FOX DEN FOR THE CURE
    12284 NORTH FOX DEN DRIVE
    KNOXVILLE,TN37934     		  NON-PROFIT ORGANIZAT VARIOUS CHARITABLE PROGRAMS ASSISTANCE 1,000
    GARZA COUNTY HISTORICAL MUSEUM
    119 NORTH AVENUE N
    POST,TX79356     		  NON-PROFIT ORGANIZAT VARIOUS CHARITABLE PROGRAMS ASSISTANCE 2,000
    GEORGIA PERIMETER COLLEGE
    239 CEDAR LANE
    COVINGTON,GA30014     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 500
    GEORGIA SOUTHERN UNIVERSITY
    PO BOX 8065
    STATESBORO,GA30460     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 6,250
    GEORGIA STATE UNIVERSITY
    PO BOX 4040
    ATLANTA,GA30302     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 3,000
    GEORGIA TECH FOUNDATION
    760 SPRING STREET SUITE 400
    ATLANTA,GA30308     		  NON-PROFIT ORGANIZAT VARIOUS CHARITABLE PROGRAMS ASSISTANCE 180,000
    HANDLEY HIGH SCHOOL
    PO BOX 1393
    ROANOKE,AL36274     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 9,323
    HANNIBAL-LAGRANGE UNIVERSITY
    2800 PALMYRA ROAD
    HANNIBAL,MO63401     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 3,334
    HUNTINGDON COLLEGE
    1500 EAST FAIRVIEW AVENUE
    MONTGOMERY,AL36106     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,500
    JOHN KNOX PRESBYTERIAN CHURCH
    505 POWERS FERRY ROAD SE
    MARIETTA,GA30067     		  CHURCH VARIOUS CHARITABLE PROGRAMS ASSISTANCE 1,750
    KENNESAW STATE UNIVERSITY
    1000 CHASTAIN ROAD
    KENNESAW,GA30144     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 2,000
    LADYSMITH HIGH SCHOOL
    1700 EDGEWOOD AVENUE
    LADYSMITH,WI54848     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 241
    LAKE HOLCOMBE HIGH SCHOOL
    27331 262ND AVENUE
    HOLCOMBE,WI54745     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 3,788
    LAKE SUMTER STATE COLLEGE
    9501 US HIGHWAY 441
    LEESBURG,FL34748     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 2,500
    LOUDON COUNTY PUBLIC SCHOOL
    21000 EDUCATION COURT
    ASHBURN,VA20148     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,000
    LUBBOCK CHRISTIAN UNIVERSITY
    5601 19TH STREET
    LUBBOCK,TX79407     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,500
    LYON COLLEGE
    PO BOX 2317
    BATESVILLE,AR72501     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,500
    MIDDLE TENNESSEE STATE UNIVERSITY
    1301 EAST MAIN STREET
    MURFREESBORO,TN37130     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,500
    MINNESOTA STATE UNIVERSITY-MANKATO
    120 WIGLEY ADMINISTRATION CENTER
    MANKATO,MN56001     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 500
    MINNESOTA STATE UNIVERSITY-MOORHEAD
    1104 SEVENTH AVENUE SOUTH
    MOORHEAD,MN56563     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,500
    MISSOURI SOUTHERN STATE UNIVERSITY
    3950 E NEWMAN ROAD
    JOPLIN,MO64801     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 2,250
    MISSOURI STATE UNIVERSITY
    901 S NATIONAL CARRINGTON HALL ROOM
    101
    SPRINGFIELD,MO65897     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 6,000
    MISSOURI UNIVERSITY OF SCIENCE AND TECHNOLOGY
    300 W 13TH STREET
    ROLLA,MO65409     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 2,000
    MONTGOMERY CATHOLIC PREPATORY SCHOOL
    5350 VAUGH ROAD
    MONTGOMERY,AL36116     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 970
    MURRAY STATE UNIVERSITY
    500 SPARKS HALL
    MURRAY,KY42071     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,000
    NAYLOR HIGH SCHOOL
    ROUTE 2 BOX 512
    NAYLOR,MO63953     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,555
    NEELYVILLE HIGH SCHOOL
    289 BROADWAY STREET
    NEELYVILLE,MO63954     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 2,470
    NORTHERN STATE UNIVERSITY-ABERDEEN
    1200 S JAY STREET
    ABERDEEN,SD57401     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 500
    OAKLAND CITY UNIVERSITY
    138 N LUCRETIA STREET
    OAKLAND CITY,IN47660     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,500
    PAINE COLLEGE
    1235 15TH STREET
    AUGUSTA,GA30901     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 500
    PALACE OF PRAISE
    1400 HERSCHEL BESS BLVD
    POPLAR BLUFF,MO63901     		  CHURCH VARIOUS CHARITABLE PROGRAMS ASSISTANCE 10,000
    PEDIATRIC BRAIN TUMOR FOUNDATION
    302 RIDGEFIELD COURT
    ASHEVILLE,NC28806     		  NON-PROFIT ORGANIZAT VARIOUS CHARITABLE PROGRAMS ASSISTANCE 750
    POINT UNIVERSITY
    507 WEST TENTH STREET
    WEST POINT,GA31833     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,000
    POST CITY FESTIVALS
    PO BOX 790
    POST,TX79356     		  NON-PROFIT ORGANIZAT VARIOUS CHARITABLE PROGRAMS ASSISTANCE 1,000
    POST ISD
    501 SOUTH AVENUE K
    POST,TX79356     		  PUBLIC SCHOOL VARIOUS CHARITABLE PROGRAMS ASSISTANCE 594
    ROCK RIVER CHRISTIAN CAMP
    16486 W IL ROUTE 64
    POLO,IL61064     		  NON-PROFIT ORGANIZAT VARIOUS CHARITABLE PROGRAMS ASSISTANCE 1,500
    SAVANNAH COLLEGE OF ART & DESIGN
    PO BOX 2701
    SAVANNAH,GA31402     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 750
    SMO FCA MISSOURI
    3259 E SUNSHINE SUITE C
    SPRINGFIELD,MO65804     		  NON-PROFIT ORGANIZAT VARIOUS CHARITABLE PROGRAMS ASSISTANCE 5,000
    SOUTH DAKOTA STATE UNIVERSITY
    940 ADMINISTRATION LANE
    BROOKINGS,SD57007     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,500
    SOUTH PLAINS COLLEGE
    1401 S COLLEGE AVENUE BOX 148
    LEVELLAND,TX79336     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,000
    SOUTHEAST MISSOURI STATE UNIVERSITY
    ONE UNIVERSITY PLAZA MS 3740
    CAPE GIRARDEAU,MO63701     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 9,680
    SOUTHERN UNION STATE COMMUNITY COLLEGE
    PO BOX 1000
    WADLEY,AL36276     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 3,500
    SOUTHWEST BAPTIST UNIVERSITY
    1600 UNIVERSITY AVENUE
    BOLIVAR,MO65613     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 855
    SOUTHWEST BAPTIST UNIVERSITY-SALEM
    501 S GRAND AVENUE
    SALEM,MO65560     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 3,831
    ST JAMES UMC
    4400 PEACHTREE DUNWOODY ROAD
    ATLANTA,GA30342     		  CHURCH VARIOUS CHARITABLE PROGRAMS ASSISTANCE 1,000
    ST LOUIS COMMUNITY COLLEGE - FOREST PARK
    5600 OAKLAND AVENUE
    ST LOUIS,MO63110     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 500
    ST STEPHENS EPISCOPAL CHURCH
    1510 ESCAMBIA AVENUE
    BREWTON,AL36426     		  CHURCH VARIOUS CHARITABLE PROGRAMS ASSISTANCE 2,500
    ST TIMOTHY UMC
    5365 MEMORIAL DRIVE
    STONE MOUNTAIN,GA30083     		  CHURCH VARIOUS CHARITABLE PROGRAMS ASSISTANCE 500
    SUL ROSS STATE UNIVERSITY
    US 90
    ALPINE,TX79830     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 3,000
    SUNNYLAND ACBS-SCAMPY YOUTH PROGRAM
    PO BOX 689
    MOUNT DORA,FL32756     		  NON-PROFIT ORGANIZAT VARIOUS CHARITABLE PROGRAMS ASSISTANCE 3,000
    TENNESSEE STATE UNIVERSITY
    211 STUDENT SERVICES BLDG
    NASHVILLE,TN37209     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,000
    THREE RIVERS COLLEGE
    2080 THREE RIVERS BOULEVARD
    POPLAR BLUFF,MO63901     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 4,500
    TRUETT-MCCONNELL COLLEGE
    100 ALUMNI DRIVE
    CLEVELAND,GA30528     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 3,125
    TWIN RIVERS HIGH SCHOOL
    PO BOX 146
    BROSELEY,MO63932     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 23
    UNIVERSAL TECHNICAL INSTITUTE
    2611 CORPORATE WEST DRIVE
    LISLE,IL60532     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 500
    UNIVERSITY OF ALABAMA - BIRMINGHAM
    1720 SECOND AVENUE SOUTH
    BIRMINGHAM,AL35294     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,500
    UNIVERSITY OF ALABAMA
    115 QUAD CENTER
    TUSCALOOSA,AL35487     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 9,625
    UNIVERSITY OF FLORIDA
    PO BOX 114025
    GAINESVILLE,FL32611     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,500
    UNIVERSITY OF MINNESOTA-TWIN CITIES
    200 FRASER HALL 106 PLEASANT ST SE
    MINNEAPOLIS,MN55455     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 3,188
    UNIVERSITY OF MISSOURI-COLUMBIA
    UNIVERSITY AVENUE
    COLUMBIA,MO65211     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 500
    UNIVERSITY OF MISSOURI-KANSAS CITY
    5100 ROCKHILL ROAD 101AC
    KANSAS CITY,MO64110     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,000
    UNIVERSITY OF MOBILE
    5735 COLLEGE PARKWAY
    MOBILE,AL36064     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,000
    UNIVERSITY OF NEVADA - LAS VEGAS
    BOX 451015 4505 S MARYLAND PARKWAY
    LAS VEGAS,NV89154     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,000
    UNIVERSITY OF NORTH ALABAMA
    1 HARRISON PLAZA
    FLORENCE,AL35632     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,500
    UNIVERSITY OF NORTH FLORIDA
    ONE UNIVERSITY OF NORTH FLORIDA
    DRIVE
    JACKSONVILLE,FL32224     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 2,000
    UNIVERSITY OF NORTH GEORGIA - OCONEE
    1201 BISHOP FARM PARKWAY
    WATKINSVILLE,GA30677     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,000
    UNIVERSITY OF SOUTH ALABAMA
    390 ALUMNI CIRCLE
    MOBILE,AL36688     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 500
    UNIVERSITY OF TENNESSEE
    PO BOX 1000
    KNOXVILLE,TN37996     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 6,000
    UNIVERSITY OF WEST ALABAMA
    STATION 2
    LIVINGSTON,AL35470     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,000
    UNIVERSITY OF WEST GEORGIA
    1601 MAPLE STREET
    CARROLLTON,GA30118     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 5,171
    UNIVERSITY OF WISCONSIN-BARRON COUNTY
    1800 COLLEGE DRIVE
    RICE LAKE,WI54868     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 2,000
    UNIVERSITY OF WISCONSIN-EAU CLAIRE
    105 GARFIELD AVENUE
    EAU CLAIRE,WI54701     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 6,000
    UNIVERSITY OF WISCONSIN-GREEN BAY
    3500 JOHN A MERRITT BLVD
    GREEN BAY,WI54311     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,000
    UNIVERSITY OF WISCONSIN-LA CROSSE
    117 GRAFF MAIN HALL
    LA CROSSE,WI54601     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,500
    UNIVERSITY OF WISCONSIN-PLATTEVILLE
    204 BRIGHAM HALL ONE UNIVERSITY
    PLAZA
    PLATTEVILLE,WI53818     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 6,250
    UNIVERSITY OF WISCONSIN-RIVER FALLS
    410 SOUTH THIRD STREET 315 NORTH
    HALL
    RIVER FALLS,WI54022     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 8,250
    UNIVERSITY OF WISCONSIN-STEVENS POINT
    2100 MAIN STREET SSC/06
    STEVENS POINT,WI54481     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 12,375
    UNIVERSITY OF WISCONSIN-STOUT
    PO BOX 790
    MENOMONIE,WI54751     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 16,375
    UNIVERSITY OF WISCONSIN-SUPERIOR
    OLD MAIN 136 BELKNAP AND CATLIN
    SUPERIOR,WI54880     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 500
    UNIVERSITY OF WISCONSIN-WHITEWATER
    PO BOX 88
    WHITEWATER,WI53190     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 500
    VITERBO UNIVERSITY
    900 VITERBO DRIVE
    LA CROSSE,WI54601     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 3,000
    WEST GEORGIA TECHNICAL COLLEGE
    997 SOUTH HIGHWAY 16
    CARROLLTON,GA30116     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 500
    WILD HORSE ELEMENTARY SCHOOL
    16695 WILD HORSE CREEK ROAD
    CHESTERFIELD,MO63005     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,000
    WILLIAMS BAPTIST COLLEGE
    60 W FULBRIGHT AVENUE
    WALNUT RIDGE,AR72476     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,500
    WINONA STATE UNIVERSITY
    MAXWELL 222 PO BOX 5838
    WINONA,MN55987     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 3,125
    WISCONSIN INDIANHEAD TECHNICAL COLLEGE
    1900 COLLEGE DRIVE
    RICE LAKE,WI54868     		  PUBLIC SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 1,000
    WOODWARD ACADEMY
    1662 RUGBY AVENUE
    COLLEGE PARK,GA30337     		  PRIVATE SCHOOL UNDERGRADUATE FINANCIAL ASSISTANCE 5,500
    Total .................................bullet 3a 547,063
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		         
    4 Dividends and interest from securities....     14 202,364  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 8,884  
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....     15 360,977  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 834,245  
    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).. 0 1,406,470 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,406,470
    (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:
    MONTGOMERY FAMILY FOUNDATION INC
    EIN:
    58-1928906
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 14,068 5,487   0

    TY 2015 InvestmentsOtherSchedule2
    Name:
    MONTGOMERY FAMILY FOUNDATION INC
    EIN:
    58-1928906
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    WELLS FARGO BROKERAGE ACCOUNT #4728-6500 AT COST 7,818,057 8,738,377
    WELLS FARGO BROKERAGE ACCOUNT #3931-7086 AT COST 2,996,214 2,978,288

    TY 2015 OtherExpensesSchedule
    Name:
    MONTGOMERY FAMILY FOUNDATION INC
    EIN:
    58-1928906
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINSTRATIVE EXPENSES 6,796 0   0
    RENTAL EXPENSES 3,833 3,833   0


    TY 2015 OtherIncomeSchedule2
    Name:
    MONTGOMERY FAMILY FOUNDATION INC
    EIN:
    58-1928906
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    POST MONTGOMERY - ROYALITIES 347,700 347,700 347,700
    FARM CROP PROCEEDS 17,657 17,657 17,657
    POST MONTGOMERY - FARM INCOME -5,450 -5,450 -5,450
    PM OTHER FARM INCOME 1,070 1,070 1,070


    TY 2015 OtherIncreasesSchedule
    Name:
    MONTGOMERY FAMILY FOUNDATION INC
    EIN:
    58-1928906
    Description Amount
    BOOK / TAX DIFFERENCE IN DEPLETION 66,461
    PRIOR YEAR CHARITABLE DISTRIBUTION CHECK DISCREPANCY (RECOVERY) 173


    TY 2015 OtherLiabilitiesSchedule
    Name:
    MONTGOMERY FAMILY FOUNDATION INC
    EIN:
    58-1928906
    Description Beginning of Year - Book Value End of Year - Book Value
    ADVANCE PMT FROM POST MONTGOMERY 348,474 247,220


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    MONTGOMERY FAMILY FOUNDATION INC
    EIN:
    58-1928906
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 107,968 107,968   0


    TY 2015 TaxesSchedule
    Name:
    MONTGOMERY FAMILY FOUNDATION INC
    EIN:
    58-1928906
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAXES 16,370 0   0