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 09-01-2015 , and ending 08-31-2016
Name of foundation
GENERATIONS HEALTH CARE INITIATIVES INC
 
Number and street (or P.O. box number if mail is not delivered to street address)130 W SUPERIOR STREET NO 700
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DULUTH, MN55802
A Employer identification number

41-2000473
B Telephone number (see instructions)

(218) 336-5700
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$10,700,956J 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) 451,741
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 194,639 194,639  
5a Gross rents............ 9,599    
b Net rental income or (loss) 9,599
6a Net gain or (loss) from sale of assets not on line 10 105,950
b Gross sales price for all assets on line 6a 2,226,882
7 Capital gain net income (from Part IV, line 2)... 105,950
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 36,116 0 0
12 Total. Add lines 1 through 11........ 798,045 300,589 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 173,214 0 0 173,214
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 875 46 0 828
b Accounting fees (attach schedule)....... Click to see attachment 13,480 716 0 12,286
c Other professional fees (attach schedule).... Click to see attachment 8,206 0 0 5,866
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 5,315 110 0 0
19 Depreciation (attach schedule) and depletion... Click to see attachment 7,288 7,288 0
20 Occupancy.............. 35,100 1,865 0 33,455
21 Travel, conferences, and meetings....... 5,945 106 0 5,838
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 986,976 46,477 0 939,319
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,236,399 56,608 0 1,170,806
25 Contributions, gifts, grants paid....... 187,047 187,047
26 Total expenses and disbursements. Add lines 24 and 25 1,423,446 56,608 0 1,357,853
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -625,401
b Net investment income (if negative, enter -0-) 243,981
c Adjusted net income (if negative, enter -0-)... 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............. 216,939 110,859 110,859
2 Savings and temporary cash investments......... 1,304 1,093 1,093
3 Accounts receivable bullet56,738
Less: allowance for doubtful accounts bullet   42,820 56,738 56,738
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.......... 8,605 12,850 12,850
10a Investments—U.S. and state government obligations (attach schedule) 399,280 Click to see attachment308,755 308,755
b Investments—corporate stock (attach schedule)....... 9,609,544 Click to see attachment9,669,952 9,669,952
c Investments—corporate bonds (attach schedule)....... 578,164 Click to see attachment438,571 438,571
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 215,344 Click to see attachment91,155 91,155
14 Land, buildings, and equipment: basis bullet173,916
Less: accumulated depreciation (attach schedule) bullet162,933 16,543 Click to see attachment10,983 10,983
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 11,088,543 10,700,956 10,700,956
Liabilities 17 Accounts payable and accrued expenses.......... 119,611 119,103
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)......... 119,611 119,103
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 10,968,932 10,581,853
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 10,968,932 10,581,853
31 Total liabilities and net assets/fund balances (see instructions). 11,088,543 10,700,956
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
10,968,932
2
Enter amount from Part I, line 27a .....................
2
-625,401
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
238,322
4
Add lines 1, 2, and 3 ..........................
4
10,581,853
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
10,581,853
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 PUBLICLY TRADED SECURITIES - WELLS FARGO #AGG115202 - AVAILABLE UPON REQUEST P 2015-01-01 2016-12-31
b CAPITAL GAINS DIVIDENDS P    
c
d
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 2,118,116   2,120,932 -2,816
b 108,766     108,766
c
d
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       -2,816
b       108,766
c
d
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 2 105,950
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 854,579 11,542,980 0.074035
2013 1,091,294 11,684,999 0.093393
2012 677,546 10,970,956 0.061758
2011 1,539,425 10,623,894 0.144902
2010 1,327,033 11,367,296 0.116741
2
Total of line 1, column (d) .....................
20.490829
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
0.098166
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
10,445,900
5
Multiply line 4 by line 3......................
5
1,025,432
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,440
7
Add lines 5 and 6........................
7
1,027,872
8
Enter qualifying distributions from Part XII, line 4.............
8
1,357,853
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2015)
Form 990-PF (2015)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 2,440
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 2,440
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 2,440
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 10,240
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 10,240
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 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 7,800
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet7,800 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)
    bulletMN
    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 addressbulletWWW.GHCI.US
    14
    The books are in care ofbulletTERRY LEONIDAS Telephone no.bullet (218) 336-5702

    Located atbullet130 W SUPERIOR STREET SUITE 700DULUTHMN ZIP+4bullet55802
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2015?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    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
    PAMELA FRANKLIN DIRECTOR
    0.30     		0 0 0
    130 WEST SUPERIOR STREET SUITE 700
    DULUTH,MN55802
    DANIEL SVENDSEN CFO
    8.00     		28,050 2,005 0
    130 WEST SUPERIOR STREET SUITE 700
    DULUTH,MN55802
    WILLIAM PALMER DIRECTOR
    0.30     		0 0 0
    130 WEST SUPERIOR STREET SUITE 700
    DULUTH,MN55802
    JENNIFER PETERSON EXECUTIVE DIRECTOR
    40.00     		108,000 21,341 480
    130 WEST SUPERIOR STREET SUITE 700
    DULUTH,MN55802
    MICHAEL HIEB DIRECTOR
    0.30     		0 0 0
    130 WEST SUPERIOR STREET SUITE 700
    DULUTH,MN55802
    RANDY LASKY CHAIR
    0.50     		0 0 0
    130 WEST SUPERIOR STREET SUITE 700
    DULUTH,MN55802
    DEBORAH MEDLIN SECRETARY/TREASURER
    0.50     		0 0 0
    130 WEST SUPERIOR STREET SUITE 700
    DULUTH,MN55802
    STEPHANIE BALMER DIRECTOR
    0.30     		0 0 0
    130 WEST SUPERIOR STREET SUITE 700
    DULUTH,MN55802
    LYNN GOERDT VICE CHAIR
    0.30     		0 0 0
    130 WEST SUPERIOR STREET SUITE 700
    DULUTH,MN55802
    STEVE GREENFIELD DIRECTOR
    0.30     		0 0 0
    130 WEST SUPERIOR STREET SUITE 700
    DULUTH,MN55802
    JO ANN HOAG DIRECTOR
    0.30     		0 0 0
    130 WEST SUPERIOR STREET SUITE 700
    DULUTH,MN55802
    JULIE PIERCE DIRECTOR
    0.30     		0 0 0
    130 WEST SUPERIOR STREET SUITE 700
    DULUTH,MN55802
    YVONNE PRETTNER SOLON DIRECTOR
    0.30     		0 0 0
    130 WEST SUPERIOR STREET SUITE 700
    DULUTH,MN55802
    TERRY LEONIDAS ACCOUNTANT
    12.00     		12,915 423 0
    130 WEST SUPERIOR STREET SUITE 700
    DULUTH,MN55802
    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
    MARY RAPPS PROGRAM DIRECTOR
    40.00     		87,256 29,210 0
    130 WEST SUPERIOR STREET SUITE 700
    DULUTH,MN55802
    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
    AMHERSTH WILDER FOUNDATION SURVEY ADMINISTRATION 220,513
    451 LEXINGTON PARKWAY NORTH
    ST PAUL,MN55104
    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 BRIDGE TO HEALTH SURVEY - A REGIONAL, POPULATION-BASED HEALTH ASSESSMENT OF RESIDENTS IN NINE COUNTIES IN NORTHEASTERN MINNESOTA AND NORTHWESTERN WI THAT HAS BEEN CONDUCTED EVERY FIVE YEARS SINCE 1995. LAST CONDUCTED IN 2015, THE SURVEY IS A COLLABORATIVE EFFORT INVOLVING STATE AND LOCAL PUBLIC HEALTH, HOSPITALS, CLINIC, HEALTH PLANS, GOVERNMENT AGENCIES, NON-PROFIT ORGANIZATIONS, FOUNDATIONS AND HIGHER EDUCATION. SURVEY RESULTS ARE USED BY THESE ORGANIZATIONS TO IDENTIFY AND ADDRESS REGIONAL HEALTH NEEDS. 372,229
    2 ACCOUNTABLE COMMUNITIES FOR HEALTH (ACH) - TOGETHER FOR HEALTH AT MYERS-WILKINS IS GRANT PROGRAM DEDICATED TO IMPROVING THE HEALTH AND WELLNESS OF DULUTH'S HILLSIDE COMMUNITY. THE PROJECT BRINGS TOGETHER MULTI-SECTOR STAKEHOLDERS WITH THE ULTIMATE GOAL OF PROVIDING BETTER CARE, LOWERING HEALTH CARE COSTS AND IMPROVING THE PATIENT EXPERIENCE BY EXPANDING PATIENT-CENTERED, TEAM-BASED CARE THROUGH SERVICE DELIVERY AND PAYMENT MODELS THAT SUPPORT INTEGRATION OF MEDICAL CARE, BEHAVIORAL HEALTH, SOCIAL SERVICES AND COMMUNITY PREVENTION SERVICES. THE WORK IS GUIDED BY A LEADERSHIP TEAM WITH STRONG COMMUNITY REPRESENTATION AND LEADERS FROM PARTNER ORGANIZATIONS. THROUGH THE PROJECT, DIRECT SERVICE IS PROVIDED BY TWO ST. LOUIS COUNTY PUBLIC HEALTH EMPLOYEES, LOCATED AT THE MYERS-WILKINS ELEMENTARY SCHOOL. A COMMUNITY-BASED CARE COORDINATION TEAM AND COMMUNITY HEALTH TEAM WORK ON STRATEGIES TO IMPROVE CARE THROUGH BETTER COORDINATION AND COMMUNITY HEALTH INITIATIVES. 370,861
    3 MNSURE OUTREACH AND ENROLLMENT - GENERATIONS IS THE LEAD ORGANIZATION FOR INSURE DULUTH, A COALITION OF 17 ORGANIZATIONS THAT OFFER A COORDINATED COMMUNITY APPROACH TO 1) INFORMING RESIDENTS OF DULUTH AND THE SURROUNDING AREA ABOUT THE NEW COVERAGE OPPORTUNITIES AVAILABLE THROUGH MNSURE, 2) DOING OUTREACH TO TARGETED POPULATIONS TO ENCOURAGE ENROLLMENT, AND 3) PROVIDING INDIVIDUAL ENROLLMENT ASSISTANCE AT TRUSTED COMMUNITY ORGANIZATIONS AND SPECIAL EVENTS. GENERATIONS COORDINATES PROJECT ACTIVITIES AND PROVIDES MANAGEMENT FOR A GRANT PROVIDED BY MNSURE. 296,917
    4 HEALTH CARE ACCESS OFFICE - INCREASES ACCESS TO HEALTH CARE FOR THE UNINSURED AND UNDER-INSURED BY ENROLLING THEM IN EXISTING HEALTH COVERAGE AND PHARMACEUTICAL ASSISTANCE PROGRAMS. THE STAFF SCREENS INDIVIDUALS FOR ELIGIIBLITY, ASSISTS IN COMPLETING THE APPLICATIONS, AND PROVIDES ADVOCACY THROUGHOUT THE ENROLLMENT PROCESS. INDIVIDUALS ARE REFERRED TO COMMUNITY RESOURCES IF OTHER SERVICES ARE NEEDED. 224,961
    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
    10,401,194
    b
    Average of monthly cash balances.......................
    1b
    122,532
    c
    Fair market value of all other assets (see instructions)................
    1c
    81,249
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,604,975
    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
    10,604,975
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    159,075
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    10,445,900
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    522,295
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    522,295
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    2,440
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,440
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    519,855
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    519,855
    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
    519,855
    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
    1,357,853
    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
    1,357,853
    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
    2,440
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,355,413
    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 7 519,855
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 766,466
    b From 2011...... 1,014,992
    c From 2012...... 138,596
    d From 2013...... 514,280
    e From 2014...... 287,668
    fTotal of lines 3a through e........ 2,722,002
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 1,357,853
    a Applied to 2014, but not more than line 2a 0
    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..... 519,855
    e Remaining amount distributed out of corpus 837,998
    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 3,560,000
    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 ..........     		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) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		766,466
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		2,793,534
    10 Analysis of line 9:
    a Excess from 2011.... 1,014,992
    b Excess from 2012.... 138,596
    c Excess from 2013.... 514,280
    d Excess from 2014.... 287,668
    e Excess from 2015.... 837,998
    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
    LAKE SUPERIOR COMMUNITY HEALTH CENTER
    4325 GRAND AVE
    DULUTH,MN55807     		  PC OPERATION OF AN OFFICE TO HELP CITIZENS ENROLL IN HEALTH CARE PROGRAMS 187,047
    Total .................................bullet 3a 187,047
    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
    aHEALTHSHARE MANAGEMENT CONTRACT         108
    bBRIDGE TO HEALTH         33,890
    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....     14 194,639  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 9,599  
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 105,950  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aOTHER REVENUE     		        2,118
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 310,188 36,116
    13Total. Add line 12, columns (b), (d), and (e)..................
    13346,304
    (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.)
    1A SEE EXPLANATION FOR FORM 990-PF PART IX-A
    1B SEE EXPLANATION FOR FORM 990-PF PART IX-A
    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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    GENERATIONS HEALTH CARE INITIATIVES INC
     
    Employer identification number

    41-2000473
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    GENERATIONS HEALTH CARE INITIATIVES INC
          		Employer identification number
    41-2000473
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    SIM GRANT - MN DEPARTMENT OF HEALTH  
    85 E 7TH PLACE SUITE 220
     
    ST PAUL, MN55164

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    MNSURE  
    320 W SECOND STREET ROOM 301
     
    DULUTH, MN55802

    		$ 225,414


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
     
     

    ACCOUNTABLE COMMUNITIES FOR HEALTH  
    85 E 7TH PLACE SUITE 220
     
    ST PAUL, MN55164

    		$ 221,327


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    GENERATIONS HEALTH CARE INITIATIVES INC
          		Employer identification number

    41-2000473
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    GENERATIONS HEALTH CARE INITIATIVES INC
          		Employer identification number

    41-2000473
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    GENERATIONS HEALTH CARE INITIATIVES INC
    EIN:
    41-2000473
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 13,480 716 0 12,286

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

    TY 2015 DepreciationSchedule
    Name:
    GENERATIONS HEALTH CARE INITIATIVES INC
    EIN:
    41-2000473
    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
    LEASEHOLD IMPROVEMENTS 2001-01-01 5,826 5,826 SL 15.000000000000 0 0 0  
    MOVEABLE EQUIPMENT 2001-01-01 122,133 103,862 SL 5.000000000000 7,288 0 0  
    MOVEABLE EQUIPMENT - FADP 2001-01-01 12,441 12,441 SL 5.000000000000 0 0 0  
    MOVEABLE EQUIPMENT - HCAP 2001-01-01 33,516 33,516 SL 5.000000000000 0 0 0  

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    GENERATIONS HEALTH CARE INITIATIVES INC
    EIN:
    41-2000473
    Name of Bond End of Year Book Value End of Year Fair Market Value
    APPLE INC 20,489 20,489
    BANK OF NOVA SCOTIA 25,307 25,307
    BP CAPITAL MARKETS PLC 25,109 25,109
    DOW CHEMICAL CO/THE 10,942 10,942
    EMC CORP 49,649 49,649
    GENERAL ELEC CAP CORP 22,837 22,837
    HALLIBURTON COMPANY 20,688 20,688
    HOME DEPOT INC 10,672 10,672
    JPMORGAN CHASE & CO 21,780 21,780
    METLIFE INC 10,595 10,595
    NOVARTIS CAPITAL CORP 16,024 16,024
    PACCAR FINANCIAL CORP 25,163 25,163
    PROCTER & GAMBLE CO/THE 20,719 20,719
    STATOIL ASA 26,157 26,157
    TORONTO-DOMINION BANK 25,710 25,710
    TOYOTA MOTOR CREDIT CORP 26,162 26,162
    UNITED TECHNOLOGIES CORP 10,748 10,748
    US BANCORP 25,551 25,551
    VERIZON COMMUNICATIONS 11,703 11,703
    WAL-MART STORES INC 21,698 21,698
    WELLPOINT INC 10,868 10,868

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    GENERATIONS HEALTH CARE INITIATIVES INC
    EIN:
    41-2000473
    Name of Stock End of Year Book Value End of Year Fair Market Value
    O'REILLY AUTOMOTIVE INC 20,436 20,436
    STARBUCKS CORP COM 37,281 37,281
    THE PRICELINE GROUP INC. 48,169 48,169
    TRACTOR SUPPLY CO COM 51,126 51,126
    CONSTELLATION BRANDS INC 29,365 29,365
    ESTEE LAUDER COMPANIES INC 31,141 31,141
    MONDELEZ INTERNATIONAL INC 27,957 27,957
    MONSTER BEVERAGE CORP 40,473 40,473
    CONCHO RESOURCES INC 29,587 29,587
    INTERCONTINENTAL EXCHANGE, INC 32,150 32,150
    S&P GLOBAL INC 30,885 30,885
    ALEXION PHARMACEUTICALS INC 27,563 27,563
    ALIGN TECHNOLOGY INC 35,302 35,302
    BOSTON SCIENTIFIC CORP COM 42,447 42,447
    CELGENE CORP COM 35,224 35,224
    CENTENE CORP DEL COM 26,360 26,360
    CERNER CORP COM 27,107 27,107
    DANAHER CORP 20,515 20,515
    FORTIVE CORP 16,802 16,802
    FORTUNE BRANDS HOME & SECURITY 39,534 39,534
    MIDDLEBY CORP COM 27,680 27,680
    TRANSDIGM GROUP INC COM 31,371 31,371
    VERISK ANALYTICS INC 25,912 25,912
    WABCO HOLDINGS INC 23,808 23,808
    ALPHABET INC CL C 102,785 102,785
    APPLE INC 70,450 70,450
    FACEBOOK INC 81,347 81,347
    INTUIT COM 18,612 18,612
    MICROSOFT CORP 66,941 66,941
    PALO ALTO NETWORKS INC 24,237 24,237
    SALESFORCE COM INC COM 38,122 38,122
    VANTIV INC 24,344 24,344
    VISA INC-CLASS A SHRS 63,426 63,426
    ECOLAB INC 21,657 21,657
    PPG INDUSTRIES INC 39,070 39,070
    ACCENTURE PLC 25,300 25,300
    ALLERGAN PLC 32,132 32,132
    JAZZ PHARMACEUTICALS PLC 28,729 28,729
    NORWEGIAN CRUISE LINE HOLDINGS LTD 25,410 25,410
    NXP SEMICONDUCTORS NV 27,198 27,198
    AMAZON COM INC COM 69,224 69,224
    HOME DEPOT INC 58,476 58,476
    NEWELL BRANDS, INC 24,258 24,258
    NIKE INC CL B 44,037 44,037
    JPMORGAN HIGH YIELD FUND 259,029 259,029
    RIDGEWORTH SEIX HIGH YIELD BOND FUND 254,410 254,410
    PIMCO FOREIGN BOND (UNHEDGED) FUND 192,685 192,685
    STONE HARBOR LOCAL MARKET FUND 285,468 285,468
    TEMPLETON GLOBAL BOND FUND 230,462 230,462
    DODGE & COX STOCK FUND 1,138,355 1,138,355
    ISHARES RUSSELL MID-CAP GROWTH 325,396 325,396
    ISHARES RUSSELL MID-CAP VALUE 268,730 268,730
    ISHARES RUSSELL 1000 GROWTH ETF 114,598 114,598
    ISHARES RUSSELL 2000 ETF 246,460 246,460
    JP MORGAN MID CAP VALUE FUND-CLASS I 252,536 252,536
    TOUCHSTONE SMALLLCAP FUND INSTITUTIONAL CLASS 232,915 232,915
    ARTISAN INTERNATIONAL FUND INSTITUTIONAL CLASS 513,251 513,251
    DODGE & COX INTERNATIONAL STOCK FUND 537,687 537,687
    ISHARES MSCI EAFE ETF 113,783 113,783
    ISHARES MSCI EMERGING MARKETS 686,764 686,764
    T ROWE PRICE INSTITUTIONAL EMERGING MARKETS EQUITY FUND 196,045 196,045
    AQR MANAGED FUTURES STRATEGY FUND CLASS I 281,277 281,277
    ASG GLOBAL ALTERNATIVES FUND CLASS Y 400,460 400,460
    BOSTON PARTNERS LONG/SHORT RESEARCH FUND CLASS INS 102,628 102,628
    DRIEHAUS ACTIVE INCOME FUND 302,452 302,452
    PIMCO COMMODITY REAL RETURN STRATEGY FUND 29,074 29,074
    POWERSHARES DB COMMODITY INDEX 261,898 261,898
    SPDR DJ WILSHIRE INTERNATIONAL REAL ESTATE ETF 315,075 315,075
    SPDR DOW JONES REIT ETF 484,564 484,564

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    GENERATIONS HEALTH CARE INITIATIVES INC
    EIN:
    41-2000473
    US Government Securities - End of Year Book Value:

    308,755
    US Government Securities - End of Year Fair Market Value:

    308,755
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2015 InvestmentsOtherSchedule2
    Name:
    GENERATIONS HEALTH CARE INITIATIVES INC
    EIN:
    41-2000473
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MONEY MARKET FUNDS FMV 83,733 83,733
    ACC INT REC - SECURITIES FMV 7,422 7,422

    TY 2015 LandEtcSchedule2
    Name:
    GENERATIONS HEALTH CARE INITIATIVES INC
    EIN:
    41-2000473
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LEASEHOLD IMPROVEMENTS 5,826 5,826 0  
    MOVEABLE EQUIPMENT 122,133 111,150 10,983  
    MOVEABLE EQUIPMENT - FADP 12,441 12,441 0  
    MOVEABLE EQUIPMENT - HCAP 33,516 33,516 0  


    TY 2015 LegalFeesSchedule
    Name:
    GENERATIONS HEALTH CARE INITIATIVES INC
    EIN:
    41-2000473
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 875 46 0 828


    TY 2015 OtherExpensesSchedule
    Name:
    GENERATIONS HEALTH CARE INITIATIVES INC
    EIN:
    41-2000473
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SUPPLIES 10,354 101 0 8,903
    DUES AND MEMBERSHIPS 1,259 67 0 1,192
    TELEPHONE 5,072 270 0 4,669
    PARKING 4,085 243 0 3,841
    SPACE EXPENSES 380 20 0 360
    INSURANCE 3,385 180 0 1,351
    AGENCY ACCOUNT MANAGEMENT FEES 43,896 43,896 0 0
    POSTAGE 236 13 0 223
    LEASED EMPLOYEES 16,932 0 0 9,633
    COMPUTER SUPPLIES AND SOFTWARE 27,252 1,448 0 21,273
    EDUCATION 1,724 0 0 1,724
    TAX RETURN REGISTRATION 25 1 0 24
    MN SURE GRANT 259,254 0 0 281,553
    COPIER 4,484 238 0 4,244
    BRIDGE TO HEALTH 320,012 0 0 316,972
    ACH GRANT EXPENSE 283,626 0 0 278,357
    STORYTELLING PROJECT EXPENSE 5,000 0 0 5,000


    TY 2015 OtherIncomeSchedule2
    Name:
    GENERATIONS HEALTH CARE INITIATIVES INC
    EIN:
    41-2000473
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    HEALTHSHARE MANAGEMENT CONTRACT 108   108
    BRIDGE TO HEALTH 33,890   33,890
    OTHER REVENUE 2,118   2,118


    TY 2015 OtherIncreasesSchedule
    Name:
    GENERATIONS HEALTH CARE INITIATIVES INC
    EIN:
    41-2000473
    Description Amount
    UNREALIZED GAIN ON INVESTMENTS 238,322


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    GENERATIONS HEALTH CARE INITIATIVES INC
    EIN:
    41-2000473
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES 8,206 0 0 5,866


    TY 2015 TaxesSchedule
    Name:
    GENERATIONS HEALTH CARE INITIATIVES INC
    EIN:
    41-2000473
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES 5,315 110 0 0