TY 2015 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2015

Open to Public Inspection

For calendar year 2015, or tax year beginning 07-01-2015 , and ending 06-30-2016

Name of foundation
SOUTHERN OREGON LION

Number and street (or P.O. box number if mail is not delivered to street address)228 N HOLLY
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
MEDFORD, OR97501

A Employer identification number

93-6042046

B Telephone number (see instructions)

(541) 779-3653

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$1,725,645J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)		33,247
2	Check Sch. B .............
3	Interest on savings and temporary cash investments		13,938		13,938	13,938
4	Dividends and interest from securities...		10,921		10,921	10,921
5a	Gross rents............		62,447		62,447	62,447
b	Net rental income or (loss) -19,936
6a	Net gain or (loss) from sale of assets not on line 10			4,000
b	Gross sales price for all assets on line 6a 4,000
7	Capital gain net income (from Part IV, line 2)...				0
8	Net short-term capital gain.........					0
9	Income modifications...........
10a	Gross sales less returns and allowances	5,298
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....			5,298		5,298
11	Other income (attach schedule).......			246	0	246
12	Total. Add lines 1 through 11........		130,097		87,306	92,850
13	Compensation of officers, directors, trustees, etc.		41,800		0	0	0
14	Other employee salaries and wages......		23,446		13,880	13,880	7,107
15	Pension plans, employee benefits.......		4,250		0	0	657
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......			10,900	0	0	0
c	Other professional fees (attach schedule)....
17	Interest...............		534		534	0	0
18	Taxes (attach schedule) (see instructions)...			758	0	0	0
19	Depreciation (attach schedule) and depletion...			31,063	25,235	31,063
20	Occupancy..............
21	Travel, conferences, and meetings.......		1,416		0	0	472
22	Printing and publications..........
23	Other expenses (attach schedule).......			73,652	43,268	43,268	1,344
24	Total operating and administrative expenses.
	Add lines 13 through 23..........		187,819		82,917	88,211	9,580
25	Contributions, gifts, grants paid.......		21,013				21,013
26	Total expenses and disbursements. Add lines 24 and 25		208,832		82,917	88,211	30,593
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements		-78,735
b	Net investment income (if negative, enter -0-)				4,389
c	Adjusted net income (if negative, enter -0-)...					4,639

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2015)

Form 990-PF (2015)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	17,710	24,297	24,297
	2	Savings and temporary cash investments.........
	3	Accounts receivable 96
		Less: allowance for doubtful accounts	11,613	96	96
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............	5,423	2,101	2,101
	9	Prepaid expenses and deferred charges..........		549	549
	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 1,076,927
		Less: accumulated depreciation (attach schedule) 398,944	703,221	677,983	677,983
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis 379,501
		Less: accumulated depreciation (attach schedule) 315,612	69,714	63,889	63,889
	15	Other assets (describe )	1,053,664	956,730	956,730
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,861,345	1,725,645	1,725,645
	17	Accounts payable and accrued expenses..........	1,779	1,707
	18	Grants payable..................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......	31,074	21,727
	22	Other liabilities (describe )	2,144	1,892
	23	Total liabilities (add lines 17 through 22).........	34,997	25,326
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................	1,376,348	1,250,319
	25	Temporarily restricted...............	450,000	450,000
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see instructions).....	1,826,348	1,700,319
	31	Total liabilities and net assets/fund balances (see instructions).	1,861,345	1,725,645

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

1,826,348

Enter amount from Part I, line 27a .....................

-78,735

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

1,747,613

Decreases not included in line 2 (itemize) bullet

47,294

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

1,700,319

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.)
1a
b
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
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(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
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2
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 ...................		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? Yes No

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	24,432	1,095,752	0.022297
2013	22,181	1,095,752	0.020243
2012	49,863	1,045,885	0.047675
2011	35,009	1,050,478	0.033327
2010	64,780	1,124,443	0.057611

Total of line 1, column (d) .....................

20.181153

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 . . .

0.036231

Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....

1,695,341

Multiply line 4 by line 3......................

61,424

Enter 1% of net investment income (1% of Part I, line 27b)...........

Add lines 5 and 6........................

61,468

Enter qualifying distributions from Part XII, line 4.............

30,593

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)

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	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	88
	hereand 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	88
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	88
6	Credits/Payments:

a	2015 estimated tax payments and 2014 overpayment credited to 2015	6a	520
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	520
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	432
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax0	Refunded	11	432

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

Yes

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Yes

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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.............................

Yes

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2015)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

SO OREGON LIONS SIGHT HEARING CT Telephone no. bullet

(541) 779-3653

Located at bullet

228 N HOLLY STREETMEDFORDOR ZIP+4 bullet

97501

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here....... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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)? ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2015)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (Continued)

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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-)
WYLIE JOHNSON	CHAIRMAN 1.00	0
228 N HOLLY MEDFORD,OR97501	CHAIRMAN 1.00	0
MARY STANSELL	TREASURER 1.00	0
228 N HOLLY MEDFORD,OR97501	TREASURER 1.00	0
GLORIANNA C COOPER	EXECUTIVE DIRECTOR 40.00	41,800
228 N HOLLY MEDFORD,OR97501	EXECUTIVE DIRECTOR 40.00	41,800
CHERYL JOHNSON	SECRETARY 1.00	0
228 N HOLLY MEDFORD,OR97501	SECRETARY 1.00	0
KARL EDDINGS	VICE-CHAIR 1.00	0
228 N HOLLY MEDFORD,OR97501	VICE-CHAIR 1.00	0

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...................				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............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1	VISION CARE - PAYMENTS TO HEALTH CARE PROVIDERS FOR CARE OF VISION PATIENTS.	7,009
2	HEARING CARE - PAYMENTS TO HEALTH CARE PROVIDERS FOR CARE OF HEARING PATIENTS.	6,095
3	VISUAL AIDS	4,426
4	HEARING AIDS	829

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2015)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

961,159

Average of monthly cash balances.......................

15,381

Fair market value of all other assets (see instructions)................

744,618

Total (add lines 1a, b, and c).........................

1,721,158

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

1,721,158

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

25,817

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

1,695,341

Minimum investment return. Enter 5% of line 5..................

84,767

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

Tax on investment income for 2015 from Part VI, line 5......

Income tax for 2015. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

Distributable amount before adjustments. Subtract line 2c from line 1............

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

30,593

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

30,593

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).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

30,593

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)

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
2 Undistributed income, if any, as of the end of 2015:
a Enter amount for 2014 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2015:
a From 2010......
b From 2011......
c From 2012......
d From 2013......
e From 2014......
fTotal of lines 3a through e........
4Qualifying distributions for 2015 from Part
XII, line 4: $
a Applied to 2014, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2015 distributable amount.....
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2015.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2014. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2016. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8Excess distributions carryover from 2010 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2016. Subtract lines 7 and 8 from line 6a ......
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)

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 section4942(j)(3) or4942(j)(5)

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	(e) Total
	4,639	0	0	0	4,639
b 85% of line 2a .........	3,943	0	0	0	3,943
c Qualifying distributions from Part XII, line 4 for each year listed .....	30,593	24,432	22,181	49,863	127,069
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........	0	0	0	0	0
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	30,593	24,432	22,181	49,863	127,069
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......					0
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)					0
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...	56,511	0	0	0	56,511
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) ....					0
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....					0
(3) Largest amount of support from an exempt organization					0
(4) Gross investment income					0

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

SOUTHERN OREGON LIONS SIGHT HEAR
228 N HOLLY STREET
MEDFORD,OR97501
(541) 779-3653
SOLSHC@RIOUSA.COM

bThe form in which applications should be submitted and information and materials they should include:

SEE STATEMENT FOR LINE 2A

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

LIMITED TO JACKSON OR JOSEPHINE COUNTY RESIDENTS

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
VARIOUS BENEFICIARIES 228 N HOLLY STREET MEDFORD,OR97501			PATIENT CARE HEARING	9,405
VARIOUS BENEFICIARIES 228 N HOLLY STREET MEDFORD,OR97501			PATIENT CARE SIGHTPATIENT CARE VISUAL	11,608
Total ................................. 3a				21,013

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........			14	13,938
4 Dividends and interest from securities....			14	10,921
5 Net rental income or (loss) from real estate:
aDebt-financed property......	531110	-533
bNot debt-financed property.....	531110	-19,403
6 Net rental income or (loss) from personal property
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory ............					4,000
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..					5,298
11 Other revenue: aLOW VISION CLINIC			03	246
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		-19,936		25,105	9,298

13Total. Add line 12, columns (b), (d), and (e)..................

1314,467

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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.)
10	SALES OF SPECIALTY ITEMS FOR THE HEARING AND SIGHT IMPAIRED PROVIDES AN ACCESSIBLE POINT OF PURCHASE FOR THOSE WHO MAY OTHERWISE HAVE DIFFICULTY IN OBTAINING SAID ITEMS.

Form 990-PF (2015)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2015)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2015 AccountingFeesSchedule

Name:

SOUTHERN OREGON LION

EIN:

93-6042046

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
BOOKKEEPING	6,100	0	0	0
ACCOUNTANT	4,800	0	0	0

- TIN:

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

TY 2015 DepreciationSchedule

Name:

SOUTHERN OREGON LION

EIN:

93-6042046

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
LIONS COTTAGES	2003-06-30	408,000	123,798	SL	39.000000000000	10,462	10,462	10,462
LAND-LIONS COTTAGES	2000-10-27	38,000		L		0	0	0
HOLLY COURT APARTMENTS	1998-08-15	590,927	249,911	SL	40.000000000000	14,773	14,773	14,773
LAND-HOLLY COURT	1995-03-15	40,000		L		0	0	0
LAND-CENTER	1969-01-01	39,874		L		0	0	0
PARKING LOT	1995-07-01	20,562	20,562	SL	15.000000000000	0	0	0
TABLES-CENTER	1978-01-01	342	342	SL	10.000000000000	0	0	0
TABLE RACKS	1979-01-01	105	105	SL	10.000000000000	0	0	0
MISC. EQUIPMENT-CENTER	1982-01-01	800	800	SL	10.000000000000	0	0	0
RECYCLE BIN #2	1996-12-01	2,700	2,700	SL	10.000000000000	0	0	0
FENCING-GRAPE STREET	1989-08-01	891	891	SL	20.000000000000	0	0	0
DRAPES	1979-01-01	331	331	SL	10.000000000000	0	0	0
RECYCLE BIN #1	1996-12-20	2,700	2,700	SL	10.000000000000	0	0	0
EQUIPMENT	1991-01-15	9,812	9,812	SL	10.000000000000	0	0	0
MAGIC CHEF REFRIGERATOR	1991-07-25	500	500	SL	10.000000000000	0	0	0
HOT POINT REFRIGERATOR	1991-09-04	449	449	SL	10.000000000000	0	0	0
STEEL CASE FILE CABINET	1991-10-01	111	111	SL	10.000000000000	0	0	0
RHEEM ELECTRIC WT/HT	1991-11-25	210	210	SL	10.000000000000	0	0	0
AS 14" WHITE TOILET	1992-01-27	257	257	SL	10.000000000000	0	0	0
COMPUTER-JUDITH	1992-10-19	1,499	1,499	SL	6.000000000000	0	0	0
PRINTER	1992-11-01	814	814	SL	6.000000000000	0	0	0
CHAIRS	1993-03-01	220	220	SL	10.000000000000	0	0	0
TYPEWRITER	1994-02-01	250	250	SL	10.000000000000	0	0	0
SOS ALARM CLOCK	1994-04-28	1,016	1,016	SL	10.000000000000	0	0	0
COMPUTER-DAMONTS 486	1995-03-28	1,440	1,440	SL	6.000000000000	0	0	0
AC-HEATING	1999-08-05	17,995	17,995	SL	10.000000000000	0	0	0
BPI COMPUTER SOFTWARE	1996-06-05	165	165	SL	6.000000000000	0	0	0
EQUIPMENT	1995-12-31	1,828	1,828	SL	6.000000000000	0	0	0
RECYCLE BIN #3	1997-02-25	2,700	2,700	SL	10.000000000000	0	0	0
TELEPHONE SYSTEM	1998-05-20	2,909	2,909	SL	10.000000000000	0	0	0
COMPUTER-CHRISTINA	1997-12-31	1,606	1,606	SL	6.000000000000	0	0	0
RECYCLE BIN #8	1998-04-20	2,700	2,700	SL	10.000000000000	0	0	0
RECYCLE BIN #6	1998-03-13	3,050	3,050	SL	10.000000000000	0	0	0
RECYCLE BIN #7	1998-03-13	3,050	3,050	SL	10.000000000000	0	0	0
RECYCLE BIN #5	1998-03-13	3,050	3,050	SL	10.000000000000	0	0	0
RECYCLE BIN #9	1998-05-01	3,050	3,050	SL	10.000000000000	0	0	0
RECYCLE BIN #10	1998-06-01	3,050	3,050	SL	10.000000000000	0	0	0
RECYCLE BIN #11	1998-06-01	3,050	3,050	SL	10.000000000000	0	0	0
DISHWASHER	1997-09-15	805	805	SL	10.000000000000	0	0	0
WHEELS FOR BINS	1998-06-22	1,429	1,429	SL	10.000000000000	0	0	0
WHEELS FOR BINS	1998-03-31	1,085	1,085	SL	10.000000000000	0	0	0
SIGNAGE FOR BINS	1998-05-13	399	399	SL	10.000000000000	0	0	0
RECYCLE BIN #12	1998-12-28	3,489	3,489	SL	10.000000000000	0	0	0
RECYCLE BIN #13	1998-12-15	3,050	3,050	SL	10.000000000000	0	0	0
RECYCLE BIN #14	1999-02-26	3,050	3,050	SL	10.000000000000	0	0	0
LIFT GATE	1998-09-02	1,775	1,775	SL	10.000000000000	0	0	0
WHEELS FOR BINS	1999-03-31	1,465	1,465	SL	10.000000000000	0	0	0
COPIER	1999-06-30	7,790	7,790	SL	10.000000000000	0	0	0
COMPUTER-SHERRIE	1998-07-15	1,545	1,545	SL	6.000000000000	0	0	0
WATER HEATER	1999-08-23	950	950	SL	10.000000000000	0	0	0
INSULATION	1999-08-26	1,050	1,050	SL	10.000000000000	0	0	0
FAX MACHINE	1999-08-17	170	170	SL	7.000000000000	0	0	0
PRINTER	1999-09-14	1,130	1,130	SL	5.000000000000	0	0	0
VIDEO MAGNIFIER	1999-12-15	1,087	1,087	SL	7.000000000000	0	0	0
RECYCLE BINS-SHADY COVE	2000-03-13	2,700	2,700	SL	10.000000000000	0	0	0
VACUUM	2000-02-16	238	238	SL	7.000000000000	0	0	0
SHED	2000-04-01	1,880	1,880	SL	10.000000000000	0	0	0
VISUAL LATEX	1979-01-01	2,030	2,030	SL	10.000000000000	0	0	0
SOUND SYSTEM	1993-05-01	1,568	1,568	SL	6.000000000000	0	0	0
COMPUTER-AMBER	1993-05-01	3,452	3,452	SL	6.000000000000	0	0	0
TDD MACHINE	1995-03-17	385	385	SL	10.000000000000	0	0	0
FM TRANSMITTER	1995-04-27	325	325	SL	10.000000000000	0	0	0
CCTV	1995-05-08	320	320	SL	10.000000000000	0	0	0
COMTEK FM TRANSMITTER	1995-05-16	462	462	SL	10.000000000000	0	0	0
EQUIPMENT	1995-06-30	205	205	SL	10.000000000000	0	0	0
CENTER EQUIPMENT	1996-06-30	3,092	3,092	SL	10.000000000000	0	0	0
TOSHIBA TV	1996-10-15	195	195	SL	10.000000000000	0	0	0
CVCL	1996-09-20	1,382	1,382	SL	10.000000000000	0	0	0
TYMPANOMETER	1998-04-30	2,483	2,483	SL	10.000000000000	0	0	0
CCTV	1998-01-28	1,377	1,377	SL	10.000000000000	0	0	0
FREEZER	2000-02-04	431	431	SL	7.000000000000	0	0	0
DOOR RECYCLE BIN ASHLAND	1999-11-30	2,250	2,250	SL	10.000000000000	0	0	0
EARLY BIRD COMPUTER	2001-03-01	4,000	4,000	SL	10.000000000000	0	0	0
MONITORS (2)	2001-03-28	500	500	SL	5.000000000000	0	0	0
KENMORE ELECTRIC STOVE	2001-04-16	700	700	SL	5.000000000000	0	0	0
SHARP 32" TV	2001-02-07	400	400	SL	5.000000000000	0	0	0
ALADDIN ULTRA 17" CCTV	2001-08-09	1,107	1,107	SL	5.000000000000	0	0	0
SALAD BAR	2001-08-31	842	842	SL	5.000000000000	0	0	0
COMPUTER	2001-08-31	1,588	1,588	SL	5.000000000000	0	0	0
COPY MACHINE KM-3530-24	2003-10-09	8,932	8,932	SL	5.000000000000	0	0	0
ADA UPGRADE	1993-06-01	9,043	4,991	SL	40.000000000000	226	0	226
EMERGENCY MEDICAL	2011-09-30	790	592	SL	5.000000000000	158	0	158
4-SCREENING AUDIOMETERS	2011-11-23	3,160	2,265	SL	5.000000000000	632	0	632
BUILDING-CENTER	1969-01-01	48,753	44,850	SL	50.000000000000	975	0	975
SLIDING DOOR	1998-06-01	1,450	616	SL	40.000000000000	36	0	36
ROOF	2002-12-09	18,500	11,640	SL	20.000000000000	925	0	925
GOODLIGHT MODEL A+ ACUITY CABINET	2011-07-15	995	796	SL	5.000000000000	199	0	199
CENTER ADDITION	1980-01-01	105,820	93,106	SL	40.000000000000	2,646	0	2,646
CENTER ADDITION	1981-01-01	1,241	1,054	SL	40.000000000000	31	0	31
PAVING-CENTER	1983-01-01	3,500	3,500	SL	10.000000000000	0	0	0
RECYCLE BIN #4	1997-03-31	2,900	2,900	SL	10.000000000000	0	0	0

- TIN:

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

TY 2015 GainLossSaleOtherAssetsSch

Name:

SOUTHERN OREGON LION

EIN:

93-6042046

Name	Date Acquired	How Acquired	Date Sold	Purchaser Name	Gross Sales Price	Basis	Basis Method	Sales Expenses	Total (net)	Accumulated Depreciation
RECYCLING BINS		Purchased			4,000			0	4,000	8,100

- TIN:

TY 2015 InvestmentsLandSchedule2

Name:

SOUTHERN OREGON LION

EIN:

93-6042046

Category/ Item	Cost/Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
LIONS COTTAGES	408,000	134,260	273,740
HOLLY COURT APARTMENTS	590,927	264,684	326,243

- TIN:

TY 2015 LandEtcSchedule2

Name:

SOUTHERN OREGON LION

EIN:

93-6042046

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value
PARKING LOT	20,562	20,562	0
TABLES-CENTER	342	342	0
TABLE RACKS	105	105	0
MISC. EQUIPMENT-CENTER	800	800	0
FENCING-GRAPE STREET	891	891	0
DRAPES	331	331	0
EQUIPMENT	9,812	9,812	0
MAGIC CHEF REFRIGERATOR	500	500	0
HOT POINT REFRIGERATOR	449	449	0
STEEL CASE FILE CABINET	111	111	0
RHEEM ELECTRIC WT/HT	210	210	0
AS 14" WHITE TOILET	257	257	0
COMPUTER-JUDITH	1,499	1,499	0
PRINTER	814	814	0
CHAIRS	220	220	0
TYPEWRITER	250	250	0
SOS ALARM CLOCK	1,016	1,016	0
COMPUTER-DAMONTS 486	1,440	1,440	0
AC-HEATING	17,995	17,995	0
BPI COMPUTER SOFTWARE	165	165	0
EQUIPMENT	1,828	1,828	0
TELEPHONE SYSTEM	2,909	2,909	0
COMPUTER-CHRISTINA	1,606	1,606	0
RECYCLE BIN #9	3,050	3,050	0
RECYCLE BIN #10	3,050	3,050	0
RECYCLE BIN #11	3,050	3,050	0
DISHWASHER	805	805	0
WHEELS FOR BINS	1,429	1,429	0
WHEELS FOR BINS	1,085	1,085	0
SIGNAGE FOR BINS	399	399	0
RECYCLE BIN #12	3,489	3,489	0
RECYCLE BIN #13	3,050	3,050	0
RECYCLE BIN #14	3,050	3,050	0
LIFT GATE	1,775	1,775	0
WHEELS FOR BINS	1,465	1,465	0
COPIER	7,790	7,790	0
COMPUTER-SHERRIE	1,545	1,545	0
WATER HEATER	950	950	0
INSULATION	1,050	1,050	0
FAX MACHINE	170	170	0
PRINTER	1,130	1,130	0
VIDEO MAGNIFIER	1,087	1,087	0
RECYCLE BINS-SHADY COVE	2,700	2,700	0
VACUUM	238	238	0
SHED	1,880	1,880	0
VISUAL LATEX	2,030	2,030	0
SOUND SYSTEM	1,568	1,568	0
COMPUTER-AMBER	3,452	3,452	0
TDD MACHINE	385	385	0
FM TRANSMITTER	325	325	0
CCTV	320	320	0
COMTEK FM TRANSMITTER	462	462	0
EQUIPMENT	205	205	0
CENTER EQUIPMENT	3,092	3,092	0
TOSHIBA TV	195	195	0
CVCL	1,382	1,382	0
TYMPANOMETER	2,483	2,483	0
CCTV	1,377	1,377	0
FREEZER	431	431	0
DOOR RECYCLE BIN ASHLAND	2,250	2,250	0
EARLY BIRD COMPUTER	4,000	4,000	0
MONITORS (2)	500	500	0
KENMORE ELECTRIC STOVE	700	700	0
SHARP 32" TV	400	400	0
ALADDIN ULTRA 17" CCTV	1,107	1,107	0
SALAD BAR	842	842	0
COMPUTER	1,588	1,588	0
COPY MACHINE KM-3530-24	8,932	8,932	0
ADA UPGRADE	9,043	5,217	3,826
EMERGENCY MEDICAL	790	750	40
4-SCREENING AUDIOMETERS	3,160	2,897	263
BUILDING-CENTER	48,753	45,825	2,928
SLIDING DOOR	1,450	652	798
ROOF	18,500	12,565	5,935
GOODLIGHT MODEL A+ ACUITY CABINET	995	995	0
CENTER ADDITION	105,820	95,752	10,068
CENTER ADDITION	1,241	1,085	156
PAVING-CENTER	3,500	3,500	0

- TIN:

TY 2015 MortgagesAndNotesPayableSch

Name:

SOUTHERN OREGON LION

EIN:

93-6042046

Total Mortgage Amount:

Item No.	1
Lender's Name	HOLLY COURT APARTMENTS
Lender's Title
Relationship to Insider
Original Amount of Loan
Balance Due	21,727
Date of Note
Maturity Date
Repayment Terms
Interest Rate
Security Provided by Borrower
Purpose of Loan
Description of Lender Consideration
Consideration FMV

- TIN:

TY 2015 OtherAssetsSchedule

Name:

SOUTHERN OREGON LION

EIN:

93-6042046

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
CHRISTOPHER TRUST	545,648	491,397	491,397
HUNTER TRUST	35,733	44,190	44,190
NELSON CORSON TRUST	472,283	421,143	421,143

- TIN:

TY 2015 OtherDecreasesSchedule

Name:

SOUTHERN OREGON LION

EIN:

93-6042046

Description	Amount
UNREALIZED LOSSES	47,294

- TIN:

TY 2015 OtherExpensesSchedule

Name:

SOUTHERN OREGON LION

EIN:

93-6042046

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ADVERTISING	1,159	0	0	265
INSURANCE	5,841	0	0	0
OTHER	872	0	0	668
REPAIRS & MAINTENANCE	6,206	0	0	0
SUPPLIES	1,361	0	0	331
UTILITIES	10,177	0	0	0
EDUCATION/TRAINING	205	0	0	80
BAD DEBT EXPENSE	4,563	0	0	0
CONTRACT LABOR	114	114	114	0
INSURANCE	737	737	737	0
PROPERTY MANAGEMENT	1,920	1,920	1,920	0
REPAIRS & MAINTENANCE	13,529	13,529	13,529	0
UTILITIES	2,932	2,932	2,932	0
PAYROLL TAXES & BENEFITS	2,583	2,583	2,583	0
SUPPLIES	518	518	518	0
TRAVEL & MEALS	71	71	71	0
TAXES & PERMITS	80	80	80	0
CONTRACT LABOR	51	51	51	0
INSURANCE	1,757	1,757	1,757	0
PAYROLL TAXES & BENEFITS	3,557	3,557	3,557	0
PROPERTY MANAGEMENT	3,858	3,858	3,858	0
REPAIRS & MAINTENANCE	4,624	4,624	4,624	0
UTILITIES	5,583	5,583	5,583	0
SUPPLIES	1,238	1,238	1,238	0
TAXES & PERMITS	86	86	86	0
TRAVEL & MEALS	30	30	30	0

- TIN:

TY 2015 OtherIncomeSchedule2

Name:

SOUTHERN OREGON LION

EIN:

93-6042046

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
LOW VISION CLINIC	246		246

- TIN:

TY 2015 OtherLiabilitiesSchedule

Name:

SOUTHERN OREGON LION

EIN:

93-6042046

Description	Beginning of Year - Book Value	End of Year - Book Value
ACCRUED PAYROLL AND TAXES	2,144	1,892

- TIN:

TY 2015 TaxesSchedule

Name:

SOUTHERN OREGON LION

EIN:

93-6042046

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAXES, LICENSES	758	0	0	0