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 01-01-2015 , and ending 12-31-2015
Name of foundation
THE HERBERT & JUDY PAIGE FAMILY
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)C/O ANDREA JUSTICE 4 GARDEN CTR 200
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BROOMFIELD, CO80020
A Employer identification number

26-0480425
B Telephone number (see instructions)

(303) 469-7367
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$6,262,706J 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) 334,514
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 3,932 3,932  
4 Dividends and interest from securities... 118,998 118,998  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 231,873
b Gross sales price for all assets on line 6a 7,543,974
7 Capital gain net income (from Part IV, line 2)... 231,873
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 -292 129  
12 Total. Add lines 1 through 11........ 689,025 354,932  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 82,600 8,260   74,340
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 6,020 602   5,418
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,685 1,685    
c Other professional fees (attach schedule).... Click to see attachment 43,858 41,860   1,998
17 Interest............... 934 934    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 16,292 25    
19 Depreciation (attach schedule) and depletion... Click to see attachment 961 961  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 193     193
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 2,686 2,493   193
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 155,229 56,820   82,142
25 Contributions, gifts, grants paid....... 162,670 162,670
26 Total expenses and disbursements. Add lines 24 and 25 317,899 56,820   244,812
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 371,126
b Net investment income (if negative, enter -0-) 298,112
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 812,377 349,808 349,808
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 5,158,842 Click to see attachment5,992,954 5,832,257
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet1,602
Less: accumulated depreciation (attach schedule) bullet961   Click to see attachment641 641
15 Other assets (describe bullet)   Click to see attachment80,000 Click to see attachment80,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,971,219 6,423,403 6,262,706
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)   Click to see attachment80,918
23 Total liabilities (add lines 17 through 22).........   80,918
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 5,971,219 6,342,485
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)..... 5,971,219 6,342,485
31 Total liabilities and net assets/fund balances (see instructions). 5,971,219 6,423,403
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
5,971,219
2
Enter amount from Part I, line 27a .....................
2
371,126
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,150
4
Add lines 1, 2, and 3 ..........................
4
6,343,495
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,010
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
6,342,485
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 ACTAVIS PLC P 2014-08-01 2015-04-06
b GUGGENHEIM S&P MIDCAP P 2014-05-27 2015-04-06
c PERRIGO CO PLC SHS P 2014-06-02 2015-04-06
d TUPPERWARE BRANDS CORP. P 2014-09-17 2015-07-13
e AMERICAN CAMPUS P 2013-07-01 2015-01-08
HORNBECK OFFSHORE SVCS P 2013-12-02 2015-01-29
OAKMARK INTERNATIONAL CL P 2014-04-01 2015-04-06
ST. JUDE MEDICAL P 2012-08-14 2015-11-03
AFFILIATED MANAGERS GROUP P 2014-05-01 2015-04-06
HARMAN INTL INDS P 2015-08-13 2015-09-28
PIMCO ALL ASSET ALL AUTHORITY P 2015-01-01 2015-02-11
TYSON FOODS INC. P 2015-01-01 2015-06-30
AMERICAN TOWER CORP. P 2013-03-01 2015-04-06
INTL PAPER CO. P 2013-11-01 2015-03-30
OLIN CORP. P 2012-05-15 2015-06-08
TELEFONICA P 2012-05-15 2015-07-13
ALIGN TECH, INC P 2014-10-01 2015-01-29
INFORMATICA CORP. P 2014-04-01 2015-01-08
PIMCO EMERGING MARKETS BOND FUND P 2015-01-01 2015-06-30
UNITED RENTALS INC. P 2015-02-11 2015-08-13
APPLIED MATERIALS INC. P 2012-05-15 2015-11-03
ISHARES MSCI EAFE ETF, EFA P 2014-04-22 2015-08-25
PIMCO EMERGING MARKETS BOND FUND P 2014-08-01 2015-08-21
UNITED HEALTH GROUP P 2014-02-03 2015-04-06
AQR MANAGED FUTURES FUND P 2014-04-22 2015-03-20
ISHARES MSCI EAFE ETF, EFA P 2015-01-01 2015-06-30
PJT PARTNERS INC. P 2015-10-06 2015-10-06
VANGUARD BD INDEX FDINC SHORT P 2015-08-25 2015-09-10
ASTON/LAKE PARTNERS LASSO ALT. P 2014-04-22 2015-12-31
JOY GLOBAL INC. P 2013-04-18 2015-02-11
POWERSHARES EXCHANGETRADED P 2014-03-18 2015-12-31
VANGUARD P 2014-03-18 2015-03-20
ASTON/LAKE PARTNERS LASSO ALT. P 2015-01-01 2015-09-10
ISHARES S&P SMALLCSAP P 2015-01-01 2015-06-30
POWERSHARES EXCHANGETRADED P 2015-05-19 2015-10-02
VANGUARD BD INDEX FDINC TOTAT P 2015-02-09 2015-03-20
BOEING CO. P 2014-09-04 2015-03-30
KINDER MORGAN,INC. P 2013-10-01 2015-04-06
PRUDENTIAL JENNISON SMALL CO P 2014-12-01 2015-12-31
VERITIV CORP P 2013-11-01 2015-03-30
CABELAS INC,CAB P 2014-07-01 2015-03-17
ISHARES S&P GROWTH P 2015-01-01 2015-03-27
PRUDENTIAL JENNISON SMALL CO P 2015-01-01 2015-06-30
VANGUARD INDEX FDS P 2015-01-01 2015-06-30
CADENCE DESIGN SYSTEMS P 2013-11-01 2015-03-30
LAM RESEARCH CORP. P 2014-03-03 2015-04-06
PULTEGROUP INC. P 2013-08-01 2015-04-06
VERIZON CORP. P 2013-09-03 2015-04-06
CALAMOS MKT NEUTRAL INCOME P 2015-01-01 2015-09-09
ISHARES SHORT TREASURY P 2015-01-01 2015-06-30
RYDEX ETF TRUST P 2014-10-08 2015-08-14
VANGUARD INDEX FDS VANGUARD REIT P 2015-01-01 2015-06-30
CALAMOS MKT NEUTRAL INCOME P 2014-12-01 2015-12-31
MARVELL TECH GROUP LTD. P 2012-05-15 2015-02-18
QUAL COMM, INC P 2012-05-10 2015-04-06
CELEGENE CORP, CELG P 2014-04-01 2015-01-29
ISHARES U S ENERGY P 2015-02-05 2015-06-30
SCOUT MID CAP FUND P 2014-12-19 2015-04-06
VANGUARD SCOTTSDALE FDS SHORT P 2014-10-08 2015-03-20
CAPITAL ONE FINANCIAL CORP P 2012-05-10 2015-04-06
MATTEL INC. P 2012-05-15 2015-02-11
RAYMOND JAMES FINAN., INC P 2013-05-01 2015-04-06
DEUTSCHE STRAT. GOVNT SECURITIES P 2015-01-01 2015-03-20
ISHARES 1-3 YEAR TREASURY BOND P 2015-09-02 2015-10-01
SECTOR SPDR CONSUMER P 2015-01-01 2015-06-30
VANGUARD INDEX FDS VGT P 2015-01-01 2015-06-30
CHEVRON CORP. P 2012-05-10 2015-04-06
METLIFE INC. P 2012-05-10 2015-03-17
RYDEX ETF TRUST P 2014-03-18 2015-12-31
EATON VANCE LIMITED P 2015-01-01 2015-02-06
JP MORGAN STRAT. INCOME OPPORT P 2015-01-01 2015-06-30
SECTOR SPDR FINANCIAL P 2015-06-02 2015-10-01
VENTAS INC. P 2014-10-01 2015-04-06
CITRIX SYSTEMS, INC. P 2014-02-03 2015-04-06
METRO WEST LOW DURATION P 2014-03-18 2015-03-20
SANDERSON FARMS INC. P 2013-11-12 2015-03-11
FASTENAL CO,FAST P 2014-09-02 2015-01-29
JP MORGAN CHASE & CO P 2015-01-01 2015-06-30
SECTOR SPDR UTILITIES P 2015-10-01 2015-10-30
VIACOM INC P 2015-02-11 2015-08-13
CVS HEALTH CORP. P 2012-05-10 2015-03-17
MYLAN INC. P 2012-05-15 2015-03-02
SCHLUMBERGER LTD P 2012-11-01 2015-04-06
FLOWERS FOODS INC P 2014-05-01 2015-04-06
KELLOGG COMPANY, K P 2014-08-06 2015-02-11
SELECT SECTOR SPDR TR HEALTH P 2015-01-01 2015-06-30
WASATCH EMERGING P 2015-01-01 2015-06-30
DEUTSCHE STRAT. GOVNT SECURITIES P 2014-03-01 2015-03-20
NCR CORP. P 2014-03-03 2015-03-18
SCOUT MID CAP FUND P 2014-04-01 2015-04-06
GATEWAY FUND CLASS A P 2014-08-08 2015-05-05
LOOMIS SAYLES BOND RETAIL SHARES P 2015-01-01 2015-08-21
SPDRT SERIES SHORT TRUST P 2015-01-01 2015-06-30
WHOLE FOODS MKT P 2015-01-01 2015-06-30
EXPRESS SCRIPTS HLDGCO P 2012-05-10 2015-01-08
NETGEAR, INC. P 2012-05-15 2015-03-11
SECTOR SPDR P 2014-03-18 2015-05-05
GENERAL MOTORS CO P 2015-07-13 2015-08-13
NUVEEN QUALITY PFD INCOME P 2015-01-01 2015-06-30
TALEN ENERGY CORP. P 2015-06-05 2015-06-05
AES CORP P 2012-11-01 2015-01-08
FEDEX CORP. P 2013-01-02 2015-04-06
NOBLE CORP. P 2012-05-10 2015-04-06
SMITH A O CORP P 2014-04-01 2015-04-06
LAXOSMITHKLINE ADR P 2015-01-13 2015-07-13
OAKMARK INTERNATIONAL CL P 2015-01-01 2015-04-15
TEMPLETON GLOBAL P 2014-09-10 2015-05-05
AETNA INC P 2012-05-15 2015-11-03
GOLDMAN SACHS GROUP, INC. P 2012-05-15 2015-07-13
NORFOLK SOUTHERN CRP P 2012-05-15 2015-08-13
SPDR SERIES TRUST P 2014-05-27 2015-10-22
(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 19,703   14,124 5,579
b 199,619   181,237 18,382
c 19,054   15,994 3,060
d 6,984   7,884 -900
e 15,328   14,523 805
5,429   13,104 -7,675
110,087   102,311 7,776
8,835   5,271 3,564
14,865   13,747 1,118
8,230   9,780 -1,550
68,653   75,869 -7,216
27,998   25,719 2,279
14,125   11,252 2,873
11,689   9,459 2,230
7,156   4,959 2,197
4,035   3,517 518
12,078   10,809 1,269
12,944   14,368 -1,424
69,374   73,833 -4,459
7,252   9,994 -2,742
8,968   5,819 3,149
131,235   155,173 -23,938
31,718   35,096 -3,378
26,864   16,348 10,516
4,000   3,463 537
484,105   523,800 -39,695
5   5  
389,125   390,072 -947
96,691   102,959 -6,268
4,792   5,901 -1,109
94,905   73,401 21,504
353,519   353,426 93
9,232   9,950 -718
491,110   454,114 36,996
63,130   71,894 -8,764
67,289   67,196 93
16,342   7,778 8,564
10,937   9,273 1,664
147,314   137,469 9,845
175   133 42
10,067   10,982 -915
140,578   126,920 13,658
330,325   315,612 14,713
293,344   282,165 11,179
17,676   12,822 4,854
23,704   16,797 6,907
20,930   15,572 5,358
15,811   14,658 1,153
6,103   6,164 -61
184,641   184,612 29
6,408   6,022 386
282,265   267,040 15,225
102,855   103,238 -383
5,306   4,413 893
16,416   15,170 1,246
23,235   13,951 9,284
143,245   147,551 -4,306
4,325   3,987 338
52,928   53,000 -72
24,248   16,471 7,777
5,376   6,140 -764
16,021   11,622 4,399
65,348   66,789 -1,441
84,611   84,461 150
89,442   89,006 436
89,227   88,935 292
20,443   19,778 665
9,337   6,314 3,023
135,426   123,850 11,576
32,395   34,008 -1,613
83,046   83,680 -634
81,211   89,357 -8,146
22,210   17,926 4,284
19,080   16,399 2,681
103,500   103,733 -233
6,382   5,122 1,260
14,532   14,805 -273
64,511   87,605 -23,094
83,235   80,972 2,263
6,723   9,958 -3,235
35,854   15,850 20,004
15,118   5,618 9,500
13,022   10,444 2,578
15,788   13,926 1,862
10,352   9,567 785
84,588   84,588  
157,800   154,338 3,462
342,833   350,389 -7,556
14,548   16,924 -2,376
195,675   180,341 15,334
30,050   29,340 710
69,656   73,564 -3,908
62,342   66,020 -3,678
28,484   23,926 4,558
15,928   9,997 5,931
4,497   4,782 -285
3,948   3,395 553
7,841   8,105 -264
84,116   83,411 705
14   12 2
13,253   10,506 2,747
24,563   13,780 10,783
6,078   12,154 -6,076
19,756   13,917 5,839
9,884   10,013 -129
114,713   106,611 8,102
234,650   248,810 -14,160
8,128   2,940 5,188
10,251   4,914 5,337
7,551   6,315 1,236
34,418   38,973 -4,555
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       5,579
b       18,382
c       3,060
d       -900
e       805
      -7,675
      7,776
      3,564
      1,118
      -1,550
      -7,216
      2,279
      2,873
      2,230
      2,197
      518
      1,269
      -1,424
      -4,459
      -2,742
      3,149
      -23,938
      -3,378
      10,516
      537
      -39,695
       
      -947
      -6,268
      -1,109
      21,504
      93
      -718
      36,996
      -8,764
      93
      8,564
      1,664
      9,845
      42
      -915
      13,658
      14,713
      11,179
      4,854
      6,907
      5,358
      1,153
      -61
      29
      386
      15,225
      -383
      893
      1,246
      9,284
      -4,306
      338
      -72
      7,777
      -764
      4,399
      -1,441
      150
      436
      292
      665
      3,023
      11,576
      -1,613
      -634
      -8,146
      4,284
      2,681
      -233
      1,260
      -273
      -23,094
      2,263
      -3,235
      20,004
      9,500
      2,578
      1,862
      785
       
      3,462
      -7,556
      -2,376
      15,334
      710
      -3,908
      -3,678
      4,558
      5,931
      -285
      553
      -264
      705
      2
      2,747
      10,783
      -6,076
      5,839
      -129
      8,102
      -14,160
      5,188
      5,337
      1,236
      -4,555
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 2 231,873
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 27,392
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 216,779 6,152,084 0.035237
2013 2,116,441 3,828,938 0.552749
2012 194,430 2,320,639 0.083783
2011 50,450 510,210 0.098881
2010   200,126  
2
Total of line 1, column (d) .....................
20.770650
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
0.192663
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
6,264,810
5
Multiply line 4 by line 3......................
5
1,206,997
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,981
7
Add lines 5 and 6........................
7
1,209,978
8
Enter qualifying distributions from Part XII, line 4.............
8
324,812
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2015)
Form 990-PF (2015)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 5,962
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 5,962
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,962
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 10,400
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 10,400
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 4,438
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet4,438 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCO
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletTHE ORGANIZATION Telephone no.bullet (303) 469-7367

    Located atbullet4 GARDEN CTR SUITE 200BROOMFIELDCO ZIP+4bullet80020
    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
     
     
    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
    TIMOTHY J SCHAFER DIRECTOR
    2.00     		39,600 0 0
    SCHAFER THOMAS MAEZ PC 4 GARDEN CTR
    SUITE 200
    BROOMFIELD,CO80020
    ANDREA JUSTICE EXEC DIR
    40.00     		43,000 0 0
    SHAEFER THOMAS MAEZ PC 4 GARDEN CTR
    SUITE 200
    BROOMFIELD,CO80020
    DAN RICH DIRECTOR
    1.00     		0 0 0
    SCHAFER THOMAS MAEZ PC 4 GARDEN CTR
    SUITE 200
    BROOMFIELD,CO80020
    AMIR HODA DIRECTOR
    1.00     		0 0 0
    SCHAFER THOMAS MAEZ PC 4 GARDEN CTR
    SUITE 200
    BROOMFIELD,CO80020
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 LOW INTEREST LOAN TO TRU COMMUNITY CARE A 501(C)(3) ORGANIZATION THAT PROVIDES HOSPICE CARE, HOME HEALTH AND GRIEF SUPPORT. 80,000
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet80,000
    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
    5,733,143
    b
    Average of monthly cash balances.......................
    1b
    627,070
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,360,213
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    6,360,213
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    95,403
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,264,810
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    313,241
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    313,241
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    5,962
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,962
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    307,279
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    307,279
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    307,279
    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
    244,812
    b
    Program-related investments—total from Part IX-B..................
    1b
    80,000
    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
    324,812
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    324,812
    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 7 307,279
    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...... 29,003
    d From 2013...... 1,926,339
    e From 2014......  
    fTotal of lines 3a through e........ 1,955,342
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 324,812
    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..... 307,279
    e Remaining amount distributed out of corpus 17,533
    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 1,972,875
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		1,972,875
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012.... 29,003
    c Excess from 2013.... 1,926,339
    d Excess from 2014....  
    e Excess from 2015.... 17,533
    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
    COMMUNITY COLLEGE OF DENVER FOUND
    PO BOX 173363
    DENVER,CO80217     		NONE PAID SCHOLARSHIP PROGRAM 15,434
    SAN DIEGO HUMANE SOCIETY
    5500 GAINES STREET
    SAN DIEGO,CA92110     		NONE PAID ANIMALS 10,000
    CO SCHOOL OF MINES FOUNDATION INC
    PO BOX 4005
    GOLDEN,CO80402     		NONE PAID SCHOLARSHIP 9,426
    ALLIANCE FOR CHOICE IN EDUCATION
    1201 E COLFAX AVE STE 302
    DENVER,CO80218     		  PAID SCHOLARSHIP PROGRAM 100,000
    WONDERBOUND
    1075 PARK AVENUE WEST
    DENVER,CO80205     		NONE PAID PROJECT GENERATIONS PROGRAM 25,000
    CCAC EDUCATION FOUNDATION
    808 RIDGE AVE SUITE 103
    PITTSBURGH,PA15212     		NONE PAID SCHOLARSHIP 2,810
    Total .................................bullet 3a 162,670
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 3,932  
    4 Dividends and interest from securities....     14 118,998  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....     14 2 127
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 231,873  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aETP K-1     		900099 -426      
    bBLACKSTONE GROUP LP 900099 5      
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -421 354,805 127
    13Total. Add line 12, columns (b), (d), and (e)..................
    13354,511
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    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
    THE HERBERT & JUDY PAIGE FAMILY
    FOUNDATION
    Employer identification number

    26-0480425
    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
    THE HERBERT & JUDY PAIGE FAMILY
    FOUNDATION         		Employer identification number
    26-0480425
    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
     
     

    HERBERT JUDITH PAIGE FAMILY TRUST  
    4 GARDEN CENTER STE 200
     
    BROOMFIELD, CO80020

    		$ 332,014


    (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.)
    (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
    THE HERBERT & JUDY PAIGE FAMILY
    FOUNDATION         		Employer identification number

    26-0480425
    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
    THE HERBERT & JUDY PAIGE FAMILY
    FOUNDATION         		Employer identification number

    26-0480425
    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:
    THE HERBERT & JUDY PAIGE FAMILY
     
    FOUNDATION
    EIN:
    26-0480425
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 1,685 1,685    

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

    TY 2015 DepreciationSchedule
    Name:
    THE HERBERT & JUDY PAIGE FAMILY
     
    FOUNDATION
    EIN:
    26-0480425
    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
    LAPTOP COMPUTER 2015-01-31 1,602   200DB 5.0000 961 961    

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    THE HERBERT & JUDY PAIGE FAMILY
     
    FOUNDATION
    EIN:
    26-0480425
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACE LTD 12,750 19,748
    MYLAN N V SHS EURO 15,118 14,166
    ABBVIE INC COM 7,981 8,412
    ACTAVIS PLC    
    AES CORP    
    AETNA INC 2,940 7,677
    AFFILIATED MANAGERS GROUP    
    AIR LEASE CORP 4,966 5,725
    AKORN INC 8,115 6,940
    ALIGN TECHNOLOGY INC    
    ALPHABET INC CAP STK 7,702 10,892
    AMERICAN CAMPUS COMMUNITIES    
    AMERICAN TOWER REIT INC    
    APPLE INC 5,985 8,842
    APPLIED MATERIALS INC    
    ASTON/DBLLINE CORE PLUS FIXED 61,899 60,178
    ASTON/LAKE PARTNERS LASSO ALTERNATIV    
    ATWOOD OCEANICS INC 8,525 2,179
    AQR MANAGED FUTURES FUND CL N 77,135 78,307
    BAXALTA INC COM 2,394 3,903
    BAXTER INTERNATIONAL INC 2,954 3,815
    BOEING CO    
    BLACKSTONE GROUP LP 9,874 8,450
    BROADCOM CORPORATION 6,547 11,448
    CABELAS INC    
    CADENCE DESIGN SYSTEMS INC    
    CALAMOS MARKET NEUTRAL FUND    
    CAPITAL ONE FINANCIAL CORP    
    CELEGENE CORP    
    CHEVRON CORP    
    CITRIX SYSTEMS INC    
    CORNING INC 4,917 6,745
    CVS CAREMARK CORP    
    CVS HEALTH CORP COM 7,774 7,626
    DELTA AIR LINES INC 7,957 9,276
    DEUSCHE STRATEGIC GOVNT SEC 55,198 53,937
    EATON VANCE LTD DURATION INCOME FUND    
    ENERGY TRANSFER PARTNERS LP UT LTD 8,219 5,026
    EXPRESS SCRIPTS HOLDING CO    
    EXXON MOBIL CORP 8,124 6,860
    FASTENAL CO    
    FEDEX CORPORATION    
    FIDELITY ADVISOR REAL ESTATE INC 85,103 80,996
    FLOWER FOODS INC    
    GATEWAY FUND CLASS A 79,715 80,759
    GOLDMAN SACHS GROUP    
    GUGGENHEIM S&P MIDCAP 400 PURE GROWT 542,700 519,708
    HALLIBURTON COMPANY 5,035 5,446
    HORNBECK OFFSHR SRVS    
    HOST HOTELS & RESORTS INC 4,856 4,126
    ILLINOIS TOOL WORKS 6,534 10,844
    INFORMATICA CORP    
    INTEL CORP 15,232 19,395
    INTERNATIONAL PAPER CO    
    ISHARES S&P 500 GROWTH ETF    
    ISHARES CORE S&P 500 ETF 388,897 403,184
    ISHARES RUSSELL 1000 GROWTH ETF 138,382 150,414
    ISHARES RUSSELL 2000 GROWTH ETF 536,029 507,815
    ISHARES TR US PFD STK ETF 56,888 56,527
    ISHARES TRUST MSCI EAFE INDEX    
    ISHARES S&P SMALLCAP 600 VALUE    
    JOHNSON & JOHNSON 7,660 12,326
    JOY GLOBAL INC    
    JP MORGAN CHASE & CO 5,229 9,508
    JP MORGAN MULIT MNGR ALTERNATIVES 80,166 78,921
    JP MORGAN STRATEGIC INC OPP FUND    
    KELLOGG COMPANY    
    KINDER MORGAN INC    
    LABORATORY CORP AMER HLDGS 7,997 8,160
    LAM RESEARCH CORP 7,669 7,942
    LITMAN GREGORY MSTRS ALT STRAT 78,306 76,396
    LOOMIS SAYLES CORE PLUS 70,040 68,140
    MADDEN STEVEN LTD 5,853 5,017
    MARVELL TECH GROUP    
    MATTEL INC    
    METLIFE INC    
    METROPOLITAN WEST LOW DURATION 363,381 359,449
    MICRON TECHNOLOGY 4,969 4,956
    MYLAN INC    
    NCR CORP    
    NETGEAR INC    
    NOBLE CORPORATION    
    NORDSTROM INC COM 8,897 6,077
    NORFOLK SOUTHERN CORP    
    NUVEEN QUALITY PFD INCOME FD    
    OAKMARK INTERNATIONAL FUND 457,179 404,281
    OLIN CP    
    PACCAR INC 7,770 5,878
    PEPSICO INC 5,571 8,293
    PERRIGO COMPANY PLC    
    PIMCO ALL ASSET ALL AUTH    
    PIMCO EMERGING MARKETS BOND FUND    
    PJT PARTNERS INC COM 160 198
    POWERSHARES EXCHANGE TRADED FD TR 120,293 130,494
    PPL CORPORATION 8,344 10,034
    PROCTER GAMBLE CO 7,341 9,132
    PRUDENTIAL JENNISON SMALL COMP    
    PULTE GROUP INC    
    QUALCOMM INC    
    RAYMOND JAMES FINANCIAL INC    
    RAYTHEON CO 5,465 13,076
    RYDEX ETF TRUST GUGGENHEIM    
    SANDERSON FARMS INC    
    SCHLUMBERGER LTD    
    SCOUT MID CAP 567,891 525,029
    SPDR SERIES TRUST ST HIGH YIELD    
    SPDR SER TR S&P HOMEBUILDERS ETF 147,150 138,087
    SELECT SECTOR SPDR TR HEALTH CARE 89,481 91,982
    SELECT SECTOR SPDR TR CONSUMER 89,117 91,448
    SECTOR SPDR TR SHS BEN INT CONSUMER 89,317 89,771
    SECTOR SPDR TR SHS BEN INT TECH 120,558 141,425
    SMITH AO CORP    
    ST JUDE MED INC    
    TALEN ENERGY CORP COM 602 224
    TR DYNAMIC    
    TELEFONICA S A ADR    
    TEMPLETON GLOBAL TOTAL RETURN CL A 211,261 183,052
    THERMO FISHER SCIENTIFIC INC 7,554 7,944
    TUPPERWARE BRANDS CORP    
    TYSON FOODS INC CLA A    
    UNDISCOVERED MANAGER BEHAVIORAL 557,901 527,644
    UNITED PARCEL SERVICE 6,850 8,661
    UNITED HEALTH GROUP    
    VANGUARD SCOTTSDALE FDS ST CORP 78,231 77,331
    VANGUARD BD INDEX FD INC INTERMED 60,211 58,557
    VANGUARD SECTOR INDEX FDS 83,106 81,326
    VANGUARD INDEX FDS SMALL CAP 134,427 128,010
    VANGUARD INDEX FDS    
    VANGUARD INDEX FDS REIT ETF    
    VENTAS INC    
    VERIZON COMMUNICATIONS    
    VERITIV CORP    
    WALT DISNEY HOLDINGS CO 5,974 13,871
    WASATCH EMERGING MARKETS SMALL CAP 296,823 262,532
    WELLS FARGO & CO 7,765 7,719
    WHOLE FOODS MKT INC    

    TY 2015 LandEtcSchedule2
    Name:
    THE HERBERT & JUDY PAIGE FAMILY
     
    FOUNDATION
    EIN:
    26-0480425
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
      1,602 961 641 641


    TY 2015 OtherAssetsSchedule
    Name:
    THE HERBERT & JUDY PAIGE FAMILY
     
    FOUNDATION
    EIN:
    26-0480425
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    NOTE REC-TRU CARE COMM - PRI   80,000 80,000


    TY 2015 OtherDecreasesSchedule
    Name:
    THE HERBERT & JUDY PAIGE FAMILY
     
    FOUNDATION
    EIN:
    26-0480425
    Description Amount
    BOOK /TAX DIFFERENCE 1,010


    TY 2015 OtherExpensesSchedule
    Name:
    THE HERBERT & JUDY PAIGE FAMILY
     
    FOUNDATION
    EIN:
    26-0480425
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INSURANCE - LIABILITY 1,862 1,862    
    INVESTMENT ACCT FEES 13 13    
    POSTAGE 17 17    
    SUPPLIES 564 564    
    WORKMANS COMP 215 22   193
    BLACKSTONE ROYALTY EXP 1 1    
    BLACKSTONE OTHER EXPENSES 14 14    


    TY 2015 OtherIncomeSchedule2
    Name:
    THE HERBERT & JUDY PAIGE FAMILY
     
    FOUNDATION
    EIN:
    26-0480425
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ETP K-1 1231 GAIN 11 11  
    BLACKSTONE K-1 1231 GAIN 82 82  
    BLACKSTONE K-1 OTHER INCOME 34 34  
    BLACKSTONE K-1 2 2  
    ETP K-1 -426    
    BLACKSTONE GROUP LP 5    


    TY 2015 OtherIncreasesSchedule
    Name:
    THE HERBERT & JUDY PAIGE FAMILY
     
    FOUNDATION
    EIN:
    26-0480425
    Description Amount
    RETURN OF CAPITAL 1,150


    TY 2015 OtherLiabilitiesSchedule
    Name:
    THE HERBERT & JUDY PAIGE FAMILY
     
    FOUNDATION
    EIN:
    26-0480425
    Description Beginning of Year - Book Value End of Year - Book Value
    NOTE PAYBLE-FIDELITY   80,918


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    THE HERBERT & JUDY PAIGE FAMILY
     
    FOUNDATION
    EIN:
    26-0480425
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATION 1,296     1,296
    INVESTMENT ADVISOR FEES 41,782 41,782    
    PAYROLL SERVICE 780 78   702


    TY 2015 TaxesSchedule
    Name:
    THE HERBERT & JUDY PAIGE FAMILY
     
    FOUNDATION
    EIN:
    26-0480425
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 25 25    
    FEDERAL TAXES EXCISE PAID- PY        
    FEDERAL EXCISE TAX ESTIMATES 7,767      
    FEDERAL EXCISE TAX EXT PY 8,500