INSTRUCTIONS FOR FILING COLBURN FOUNDATION FORM 8879 … · 2017-05-22 · Cumulative e-File History 2014 Federal Locator: 5190GB Taxpayer Name: Colburn Foundation Return Type: 990,

. .Audit Tax Advisory

Grant Thornton LLP515 South Flower Street 7th FloorLos Angeles, CA 90071-2201

T 213.627.1717F 213.624.6793www.GrantThornton.com

Grant Thornton LLPUS member firm of Grant Thornton International Ltd

XJ532 4.000

INSTRUCTIONS FOR FILING COLBURN FOUNDATION FORM 8879-EO - IRS E-FILE SIGNATURE AUTHORIZATION FOR THE PERIOD ENDED DECEMBER 31, 2014

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SIGNATURE... THE ORIGINAL IRS E-FILE SIGNATURE AUTHORIZATION FORM SHOULD BE SIGNED (USE FULL NAME) AND DATED BY THE TAXPAYER.

FILING... RETURN YOUR SIGNED FORM 8879-EO TO:

GRANT THORNTON LLP 515 S. FLOWER STREET, 7TH FLOOR LOS ANGELES CA 90071

OVERPAYMENT OF TAX... THE RETURN SHOWS AN OVERPAYMENT OF $42,549. OF WHICH NONE SHOULD BE REFUNDED TO YOU AND $42,549. HAS BEEN APPLIED TO YOUR 2015 ESTIMATED TAX.

FORM 8879-EO SERVES AS A REPLACEMENT FOR YOUR SIGNATURE THAT WOULD BEAFFIXED TO FORM 990PF IF YOU PAPER FILED YOUR RETURN.PLEASE DO NOT SEPARATELY FILE FORM 990PF WITH THE INTERNAL REVENUESERVICE. DOING SO WILL DELAY THE PROCESSING OF YOUR RETURN.

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Cum ulat ive e- File H istory 2 0 1 4

Federal

Locator: 5190GBTaxpayer Name: Colburn FoundationReturn Type: 990, 990PF & 990T (Corp)

Submitted Date: 11/16/2015 22:09:55Acknowledgement Date: 11/16/2015 22:26:23Status: AcceptedSubmission ID: 95463520153205000026

Page 1 of 1Electronic Filing

11/16/2015https://gosystemrs.fasttax.com/ElfCumulativeHistory.asp?Acct=700D&Year=2014&Loc...

https://gosystemrs.fasttax.com/ElfCumulativeHistory.asp?Acct=700D&Year=2014&Loc

OMB No. 1545-0052Return of Private FoundationForm 990-PF or Section 4947(a)(1) Trust Treated as Private Foundation

I Do not enter social security numbers on this form as it may be made public. À¾µ¸Department of the TreasuryInternal Revenue Service I Information about Form 990-PF and its separate instructions is at www.irs.gov/form990pf. Open to Public Inspection

For calendar year 2014 or tax year beginning , 2014, and ending , 20Name of foundation A Employer identification number

Number and street (or P.O. box number if mail is not delivered to street address) Room/suite B Telephone number (see instructions)

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

C If exemption application ispending, check here Im m m m m m m

G Check all that apply: Initial return Initial return of a former public charity ID 1. Foreign organizations, check here m mFinal return

Address change

Amended return 2. Foreign organizations meeting the85% test, check here and attach

computationName change Im m m m m m m m mH Check type of organization: Section 501(c)(3) exempt private foundation

E If private foundation status was terminated

under section 507(b)(1)(A), check here ISection 4947(a)(1) nonexempt charitable trust Other taxable private foundation mI Fair market value of all assets at J Accounting method: Cash Accrual F If the foundation is in a 60-month termination

under section 507(b)(1)(B), check here Iend of year (from Part II, col. (c), line Other (specify) mI16) $ (Part I, column (d) must be on cash basis.)

(d) Disbursementsfor charitable

purposes(cash basis only)

Analysis of Revenue and Expenses (The Part I (a) Revenue andexpenses per

books

(b) Net investmentincome

(c) Adjusted netincome

total of amounts in columns (b), (c), and (d)may not necessarily equal the amounts incolumn (a) (see instructions).)

1 Contributions, gifts, grants, etc., received (attach schedule) mif the foundation is not required toattach Sch. BICheck2 m m m m m m m m m

3 Interest on savings and temporary cash investments m4 Dividends and interest from securities m m m m5a Gross rents m m m m m m m m m m m m m m m m m

b Net rental income or (loss)

6a Net gain or (loss) from sale of assets not on line 10b Gross sales price for all

assets on line 6a

7 Capital gain net income (from Part IV, line 2) m8 Net short-term capital gain m m m m m m m m m m9 Income modifications m m m m m m m m m m m m

a Gross sales less returns10 m m m m mand allowances

b Less: Cost of goods sold mc Gross profit or (loss) (attach schedule) m m m m

11 Other income (attach schedule) m m m m m m m12 Total. Add lines 1 through 11 m m m m m m m m

Reven

ue

13 Compensation of officers, directors, trustees, etc. m m14 Other employee salaries and wages m m m m m15 Pension plans, employee benefits m m m m m m16 a Legal fees (attach schedule) m m m m m m m m m

b Accounting fees (attach schedule) m m m m m mc Other professional fees (attach schedule) m m m

17 Interest m m m m m m m m m m m m m m m m m m m18 Taxes (attach schedule) (see instructions) m m m19 Depreciation (attach schedule) and depletion m20 Occupancy m m m m m m m m m m m m m m m m m21 Travel, conferences, and meetings m m m m m m22 Printing and publications m m m m m m m m m m23 Other expenses (attach schedule) m m m m m m24 Total operating and administrative expenses.

Add lines 13 through 23 m m m m m m m m m m m25 Contributions, gifts, grants paid m m m m m m m26 Total expenses and disbursements. Add lines 24 and 25

Op

era

tin

g a

nd

Ad

min

istr

ati

ve E

xp

en

ses

27 Subtract line 26 from line 12:

a Excess of revenue over expenses and disbursements m mb Net investment income (if negative, enter -0-)

c Adjusted net income (if negative, enter -0-) m mJSA For Paperwork Reduction Act Notice, see instructions. Form 990-PF (2014)4E1410 1.000

COLBURN FOUNDATION 95-4693145

(323) 464-46406311 ROMAINE STREET, SUITE 7138

LOS ANGELES, CA 90038

XX

X

153,934,186.

500.X

4,678,556. 5,922,120.

9,360,904.59,717,525.

6,902,714.

2,885. 1,035,583.ATCH 114,042,845. 13,860,417.

346,300. 346,300.60,828. 60,828.37,293. 37,293.11,000. 11,000.ATCH 251,174. 51,174.ATCH 3

1,215,738. 251,272. 1,955.[4]

249,751. 17,557. 22,323.[5]

44,067. 44,067.3,792. 3,792.

900. 900.63,019. 656,125. 63,019.ATCH 6

2,083,862. 924,954. 642,651.31,745,593. 5,900,063.33,829,455. 924,954. 0 6,542,714.

-19,786,610.12,935,463.

5190GB 700D 0178058

Form 990-PF (2014) Page 2Attached schedules and amounts in thedescription column should be for end-of-yearamounts only. (See instructions.)

Beginning of year End of yearBalance Sheets Part II

(a) Book Value (b) Book Value (c) Fair Market Value

1 Cash - non-interest-bearing m m m m m m m m m m m m m m m m m m2 Savings and temporary cash investments m m m m m m m m m m m

I3 Accounts receivable

ILess: allowance for doubtful accounts

I4 Pledges receivable


5 Grants receivable m m m m m m m m m m m m m m m m m m m m m m6 Receivables due from officers, directors, trustees, and other

disqualified persons (attach schedule) (see instructions) m m m mI7 Other notes and loans receivable (attach schedule)


8 Inventories for sale or use m m m m m m m m m m m m m m m m m m9 Prepaid expenses and deferred charges m m m m m m m m m m m m

10 a Investments - U.S. and state government obligations (attach schedule) m mb Investments - corporate stock (attach schedule) m m m m m m m mc Investments - corporate bonds (attach schedule) m m m m m m m m

11 Investments - land, buildings, Iand equipment: basisLess: accumulated depreciation I(attach schedule)

12 Investments - mortgage loans m m m m m m m m m m m m m m m m13 Investments - other (attach schedule) m m m m m m m m m m m m m

Land, buildings, and14 Iequipment: basisLess: accumulated depreciation I(attach schedule)

I15 Other assets (describe )

16 Total assets (to be completed by all filers - see the

instructions. Also, see page 1, item I) m m m m m m m m m m m m m

As

se

ts

17 Accounts payable and accrued expenses m m m m m m m m m m m18 Grants payable m m m m m m m m m m m m m m m m m m m m m m m19 Deferred revenue m m m m m m m m m m m m m m m m m m m m m m20 Loans from officers, directors, trustees, and other disqualified persons m21 Mortgages and other notes payable (attach schedule) m m m m m

I22 Other liabilities (describe )

23 Total liabilities (add lines 17 through 22) m m m m m m m m m m m

Lia

bil

itie

s

IFoundations that follow SFAS 117, check hereand complete lines 24 through 26 and lines 30 and 31.

m24 Unrestricted m m m m m m m m m m m m m m m m m m m m m m m m m25 Temporarily restricted m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m26 Permanently restricted

IFoundations that do not follow SFAS 117,check here and complete lines 27 through 31.

m m m27 Capital stock, trust principal, or current funds m m m m m m m m m28 Paid-in or capital surplus, or land, bldg., and equipment fund m m m m m29 Retained earnings, accumulated income, endowment, or other funds m m30 Total net assets or fund balances (see instructions) m m m m m m31 Total liabilities and net assets/fund balances (see

instructions) m m m m m m m m m m m m m m m m m m m m m m m m m

Ne

t A

ss

ets

or

Fu

nd

Bala

nces

Analysis of Changes in Net Assets or Fund Balances Part III 1

2

3

4

5

6

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

2

3

4

5

6

m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mEnter amount from Part I, line 27a m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

IOther increases not included in line 2 (itemize)

Add lines 1, 2, and 3 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIDecreases not included in line 2 (itemize)

Total net assets or fund balances at end of year (line 4 minus line 5) - Part II, column (b), line 30 m m m mForm 990-PF (2014)

JSA

4E1420 1.000

13,149. 39,449. 39,449.

2,531. 2,531. 2,531.

150,410,144. 153,892,206. 153,892,206.ATCH 7ATCH

70,968. 7,093.ATCH 8ATCH

150,496,792. 153,941,279. 153,934,186.9,256. 12,029.

6,983,992. 32,805,064.

555,482. 519,228.

7,548,730. 33,336,321.X

142,948,062. 120,604,958.

142,948,062. 120,604,958.

150,496,792. 153,941,279.

142,948,062.-19,786,610.

123,161,452.ATCH 9 2,556,494.

120,604,958.

5190GB 700D 0178058

Form 990-PF (2014) Page 3

Capital Gains and Losses for Tax on Investment Income Part IV (b) How (c) Date

acquired(mo., day, yr.)

(a) List and describe the kind(s) of property sold (e.g., real estate, (d) Date sold(mo., day, yr.)

acquiredP - Purchase2-story brick warehouse; or common stock, 200 shs. MLC Co.)D - Donation

1a

b

c

d

e

(g) Cost or other basis(f) Depreciation allowed (h) Gain or (loss)(e) Gross sales price

plus expense of sale(or allowable) (e) plus (f) minus (g)

a

b

c

d

eComplete 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(j) Adjusted basis (k) Excess of col. (i)(i) F.M.V. as of 12/31/69 Losses (from col. (h))as of 12/31/69 over col. (j), if any

a

b

c

d

e

If gain, also enter in Part I, line 72 Capital gain net income or (net capital loss) $ & 2If (loss), enter -0- in Part I, line 7

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 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m 3

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income Part V

(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.

Yes No

1 Enter the appropriate amount in each column for each year; see the instructions before making any entries.(a) (d)(b) (c)

Base period years Distribution ratioAdjusted qualifying distributions Net value of noncharitable-use assetsCalendar year (or tax year beginning in) (col. (b) divided by col. (c))

2013

2012

2011

2010

2009

22 Total of line 1, column (d) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m3 Average distribution ratio for the 5-year base period - divide the total on line 2 by 5, or by the

3number of years the foundation has been in existence if less than 5 years m m m m m m m m m m m44 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5 m m m m m m m m m m55 Multiply line 4 by line 3 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m66 Enter 1% of net investment income (1% of Part I, line 27b) m m m m m m m m m m m m m m m m m m m77 Add lines 5 and 6 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m88 Enter qualifying distributions from Part XII, line 4 m m m m m m m m m m m m m m m m m m m m m m m m

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 thePart VI instructions.

JSA Form 990-PF (2014)4E1430 1.000

SEE PART IV SCHEDULE

6,902,714.

0

X

6,814,120. 138,760,732. 0.0491076,563,852. 127,540,370. 0.0514656,940,842. 129,596,374. 0.0535576,579,099. 119,458,385. 0.0550747,031,946. 107,876,866. 0.065185

0.274388

0.054878

150,548,267.

8,261,788.

129,355.

8,391,143.

6,542,714.

5190GB 700D 0178058

Form 990-PF (2014) Page 4Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948 - see instructions) Part VI

7I1a Exempt operating foundations described in section 4940(d)(2), check here and enter "N/A" on line 1. m m mDate 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 18Ihere and enter 1% of Part I, line 27b m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mc All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of

Part I, line 12, col. (b).9

22 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) m m m33 Add lines 1 and 2 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m44 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) m m m55 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- m m m m m m m m m m m m m

6 Credits/Payments:

6aa 2014 estimated tax payments and 2013 overpayment credited to 2014 m m m m6bb Exempt foreign organizations - tax withheld at source m m m m m m m m m m m m m6cc Tax paid with application for extension of time to file (Form 8868) m m m m m m m6dd Backup withholding erroneously withheld m m m m m m m m m m m m m m m m m m

77 Total credits and payments. Add lines 6a through 6d m m m m m m m m m m m m m m m m m m m m m m m m m m m m m88 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached m m m m m m m

I 99 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed m m m m m m m m m m m m m m m mI 1010 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid m m m m m m m m m m

I I11 Enter the amount of line 10 to be: Credited to 2015 estimated tax Refunded 11

Statements Regarding Activities Part VII-A

Yes No1a During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it

participate or intervene in any political campaign? 1am m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mb Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see

Instructions for the definition)? 1bm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf 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.

1cc Did the foundation file Form 1120-POL for this year? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m md Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

I I$(1) On the foundation. (2) On foundation managers. $

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

I $foundation managers.

22 Has the foundation engaged in any activities that have not previously been reported to the IRS? m m m m m m m m m m m m m m m mIf "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 3m m m m m m m m m m m m4a4a Did the foundation have unrelated business gross income of $1,000 or more during the year? m m m m m m m m m m m m m m m m m4bb If "Yes," has it filed a tax return on Form 990-T for this year? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m55 Was there a liquidation, termination, dissolution, or substantial contraction during the year?m m m m m m m m m m m m m m m m m m

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

6conflict with the state law remain in the governing instrument? m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m77 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

I8a Enter the states to which the foundation reports or with which it is registered (see instructions)

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 8bm m m m m m m m m m m m m m m m m9 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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)? If "Yes,"

complete Part XIV 9m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m10 Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their

names and addresses 10m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mForm 990-PF (2014)

JSA

4E1440 1.000

258,709.

258,709.0

258,709.

301,731.

301,731.X 473.

42,549.42,549.

X

X

X

X

XXX

X

XX

CA,

X

X

X

5190GB 700D 0178058


Statements Regarding Activities (continued) Part VII-A

11

12

13

14

15

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

12

13

m m m m m m m m m m m m m m m m m m m m m m m m m m mDid 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) m m m m m m m m m m m m m m m m m m m m m m m m m mDid the foundation comply with the public inspection requirements for its annual returns and exemption application?

IWebsite address

I IThe books are in care of Telephone no.

I ILocated at ZIP+4

ISection 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 - Check here m m m m m m m m m m m mIand enter the amount of tax-exempt interest received or accrued during the year 15m m m m m m m m m m m m m m m m m m

Yes No16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority

over a bank, securities, or other financial account in a foreign country? 16

1b

1c

2b

3b

4a

4b

m m m m m m m m m m m m m m m m m m m m m m m m m m m m mSee the instructions for exceptions and filing requirements for FinCEN Form 114, (formerly TD F 90-22.1). If

"Yes," enter the name of the foreign country IStatements Regarding Activities for Which Form 4720 May Be Required Part VII-B

Yes NoFile Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

1

2

3

4

a

b

c

a

b

c

a

b

a

b

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? Yes Nom m m m m m m m m(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a

disqualified person? Yes Nom m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? Yes Nom m m m m m m m m(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? Yes Nom m m m m m m m m(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)? Yes Nom m m m m m m m m m m m m m m m m m m m m m m m m m m m(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.) Yes Nom m m m m m m m m m m m m m m m mIf 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)? m m m m m m m m m m m m m m m m m mIOrganizations relying on a current notice regarding disaster assistance check here m m m m m m m m m m m m m m m

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 2014? m m m m m m m m m m m m m m m m m m m m m m m m m m mTaxes 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 2014, did the foundation have any undistributed income (lines 6d and

6e, Part XIII) for tax year(s) beginning before 2014? Yes Nom m m m m m m m m m m m m m m m m m m m m m m m m mIIf "Yes," list the years , , ,

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

I , , ,

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

at any time during the year? Yes Nom m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mIf "Yes," did it have excess business holdings in 2014 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 2014.) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mDid 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 2014?

Form 990-PF (2014)

JSA

4E1450 1.000

X

XX

WWW.COLBURNFOUNDATION.ORGLAYNE PINKERNELL (323)464-4640

6311 ROMAINE STREET, SUITE 7138 LOS ANGELES, CA 90038

X

X

X

XX

X

X

X

X

X

X

XX

X

5190GB 700D 0178058


Statements Regarding Activities for Which Form 4720 May Be Required (continued) Part VII-B

5a During the year did the foundation pay or incur any amount to:

Yes No(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? m m m m m m(2) Influence the outcome of any specific public election (see section 4955); or to carry on,

Yes Nodirectly or indirectly, any voter registration drive?m m m m m m m m m m m m m m m m m m m m m m m mYes No(3) Provide a grant to an individual for travel, study, or other similar purposes? m m m m m m m m m m m

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

Yes Nosection 4945(d)(4)(A)? (see instructions)m m m m m m m m m m m m m m m m m m m m m m m m m m m m(5) Provide for any purpose other than religious, charitable, scientific, literary, or educational

Yes Nopurposes, or for the prevention of cruelty to children or animals? m m m m m m m m m m m m m m m mb 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

6b

7b

m m m m m m m m m m m mIOrganizations relying on a current notice regarding disaster assistance check here m m m m m m m m m m m m m m m m m m

c If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the tax

Yes Nobecause it maintained expenditure responsibility for the grant? m m m m m m m m m m m m m m m m m m mIf "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? Yes Nom m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mb 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?

m m m m m m m m m mYes No7a m m

b If "Yes," did the foundation receive any proceeds or have any net income attributable to the transaction? m m m m m m m m m mInformation About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,and Contractors

Part VIII

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).(b) Title, and average

hours per weekdevoted to position

(c) Compensation(If not paid,

enter -0-)

(d) Contributions toemployee benefit plans

and deferred compensation

(e) Expense account,other allowances

(a) Name and address

2 Compensation of five highest-paid employees (other than those included on line 1 - see instructions). If none, enter"NONE."

(d) Contributions toemployee benefit

plans and deferredcompensation

(b) Title, and averagehours per week

devoted to position

(e) Expense account,other allowances(a) Name and address of each employee paid more than $50,000 (c) Compensation

ITotal number of other employees paid over $50,000 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mForm 990-PF (2014)

JSA

4E1460 1.000

X

XX

X

X

XX

X

ATCH 10 346,300. 28,643. 0

ATCH 11 60,256. 8,664. 0

5190GB 700D 0178058


Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,and Contractors (continued)

Part VIII

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

ITotal number of others receiving over $50,000 for professional services m m m m m m m m m m m m m m m m m m m m m mSummary of Direct Charitable Activities Part IX-A

List the foundation's four largest direct charitable activities during the tax year. Include relevant statistical information such as the number oforganizations and other beneficiaries served, conferences convened, research papers produced, etc.

Expenses

1

2

3

4

Summary of Program-Related Investments (see instructions) Part IX-B AmountDescribe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.

1

2

All other program-related investments. See instructions.

3

ITotal. Add lines 1 through 3 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mForm 990-PF (2014)

JSA

4E1465 1.000

ATCH 12 251,272.

N/A

N/A

N/A

5190GB 700D 0178058


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

Part X

1 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

Average of monthly cash balances

Fair market value of all other assets (see instructions)

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

1a

1b

1c

1d

e

a

b

c

d

Acquisition indebtedness applicable to line 1 assets

Subtract line 2 from line 1d

m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

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

1e1c (attach detailed explanation)

2

3

4

5

6

m m m m m m m m m m m m m m m m m m m m2

3

4

m m m m m m m m m m m m m m m m m m m m m m m m m m mm m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

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

instructions) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m5 Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

Minimum investment return. Enter 5% of line 56 m m m m m m m m m m m m m m m m m m m m m m m m m m m m mDistributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations Part XI

Iand certain foreign organizations check here and do not complete this part.)

11 Minimum investment return from Part X, line 6 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m2a

2b2 a Tax on investment income for 2014 from Part VI, line 5 m m m m m m m

b Income tax for 2014. (This does not include the tax from Part VI.) m m2c

3

c Add lines 2a and 2b m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m3 Distributable amount before adjustments. Subtract line 2c from line 1 m m m m m m m m m m m m m m m m m

4

5

6

7

4 Recoveries of amounts treated as qualifying distributions m m m m m m m m m m m m m m m m m m m m m m m m5 Add lines 3 and 4 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m6 Deduction from distributable amount (see instructions) m m m m m m m m m m m m m m m m m m m m m m m m m m7 Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

line 1 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mQualifying Distributions (see instructions) Part XII

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

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

Program-related investments - total from Part IX-B

purposes

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)

Cash distribution test (attach the required schedule)

a

b

1a

1b

2

m m m m m m m m m m m m m m m m2

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

3m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

a

b

3a

3b

4

5

6

m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m4

5

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

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 46m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

m m m m m m m m m m m m m m m m m m m m m mNote. 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 (2014)

JSA

4E1470 1.000

152,799,260.37,561.4,059.

152,840,880.

152,840,880.

2,292,613.150,548,267.

7,527,413.

7,527,413.258,709.

258,709.7,268,704.

7,268,704.

7,268,704.

6,542,714.

6,542,714.

06,542,714.

5190GB 700D 0178058

Form 990-PF (2014) Page 9Undistributed Income (see instructions) Part XIII

(a)Corpus

(b)Years prior to 2013

(c)2013

(d)20141 Distributable amount for 2014 from Part XI,

line 7 m m m m m m m m m m m m m m m m m m m m mUndistributed income, if any, as of the end of 2014:2

a Enter amount for 2013 only m m m m m m m m m mTotal for prior years: 20 ,20b ,20

3 Excess distributions carryover, if any, to 2014:

a From 2009 m m m m m mb From 2010 m m m m m mc From 2011 m m m m m md From 2012 m m m m m me From 2013 m m m m m mf Total of lines 3a through e m m m m m m m m m m m

4 Qualifying distributions for 2014 from Part XII,

Iline 4: $

a Applied to 2013, but not more than line 2a m m mb Applied to undistributed income of prior years

(Election required - see instructions) m m m m m m mc Treated as distributions out of corpus (Election

required - see instructions) m m m m m m m m m m md Applied to 2014 distributable amount m m m m me Remaining amount distributed out of corpus m m

5 Excess distributions carryover applied to 2014 m(If an amount appears in column (d), the sameamount must be shown in column (a).)

6 Enter the net total of each column asindicated below:

a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5

b Prior years' undistributed income. Subtractline 4b from line 2b m m m m m m m m m m m m m m

c Enter the amount of prior years' undistributedincome for which a notice of deficiency hasbeen issued, or on which the section 4942(a)tax has been previously assessed m m m m m m m m

d Subtract line 6c from line 6b. Taxableamount - see instructions m m m m m m m m m m m m

e Undistributed income for 2013. Subtract line4a from line 2a. Taxable amount - seeinstructions m m m m m m m m m m m m m m m m m m

f Undistributed income for 2014. Subtract lines

4d and 5 from line 1. This amount must bedistributed in 2015 m m m m m m m m m m m m m m

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) m m m m m m m m m m m8 Excess distributions carryover from 2009 not

applied on line 5 or line 7 (see instructions) m m m9 Excess distributions carryover to 2015.

Subtract lines 7 and 8 from line 6a m m m m m m m10 Analysis of line 9:

a Excess from 2010 m m mb Excess from 2011 m m mc Excess from 2012 m m md Excess from 2013 m m me Excess from 2014 m m m

Form 990-PF (2014)

JSA

4E1480 1.000

7,268,704.

3,541,107.12 11 10

0

6,542,714.3,541,107.

3,001,607.

4,267,097.

0

5190GB 700D 0178058

Form 990-PF (2014) Page 10

Private Operating Foundations (see instructions and Part VII-A, question 9) Part XIV

1 a If the foundation has received a ruling or determination letter that it is a private operating

Ifoundation, and the ruling is effective for 2014, enter the date of the ruling m m m m m m m m m m m m m mb Check box to indicate whether the foundation is a private operating foundation described in section 4942(j)(3) or 4942(j)(5)

Tax year Prior 3 years2 a Enter the lesser of the ad-

justed net income from PartI or the minimum investmentreturn from Part X for eachyear listed

(e) Total(a) 2014 (b) 2013 (c) 2012 (d) 2011

m m m m m m mb 85% of line 2a m m m m mc Qualifying distributions from Part

XII, line 4 for each year listed md Amounts included in line 2c not

used directly for active conduct

of exempt activities m m m m me Qualifying distributions made

directly for active conduct of

exempt activities. Subtract line

2d from line 2c m m m m m m3 Complete 3a, b, or c for the

alternative test relied upon:

a "Assets" alternative test - enter:

(1) Value of all assets m m mValue of assets qualifying(2)under section

4942(j)(3)(B)(i) m m m m mb "Endowment" alternative test-

enter 2/3 of minimum invest-

ment return shown in Part X,

line 6 for each year listed m m mc "Support" alternative test - enter:

Total support other than

gross investment income

(interest, dividends, rents,

payments on securities

loans (section 512(a)(5)),

or royalties)

(1)

m m m m m m(2) Support from general

public and 5 or moreexempt organizations as

provided in section 4942(j)(3)(B)(iii) m m m m m mLargest amount of sup-port from an exempt

organization

(3)

m m m m m mGross investment income(4) m

Supplementary Information (Complete this part only if the foundation had $5,000 or more in assetsat any time during the year - see instructions.)

Part XV

1 Information Regarding Foundation Managers:

a List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundationbefore the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

b List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of theownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:2

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

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

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

c Any submission deadlines:

d Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or otherfactors:

JSA Form 990-PF (2014)4E1490 1.000

NOT APPLICABLE

NONE

NONE

ATCH 13

ATCH 14

NONE

ATCH 15

5190GB 700D 0178058

Form 990-PF (2014) Page 11

Supplementary Information (continued) Part XV 3 Grants and Contributions Paid During the Year or Approved for Future Payment

If recipient is an individual,show any relationship toany foundation manageror substantial contributor

Foundationstatus ofrecipient

Recipient Purpose of grant orcontribution

AmountName and address (home or business)

a Paid during the year

ITotal m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m 3a

b Approved for future payment

ITotal m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m 3b

Form 990-PF (2014)JSA4E1491 1.000

ATCH 16

5,900,063.

ATCH 17

36,142,000.

5190GB 700D 0178058

Form 990-PF (2014) Page 12

Analysis of Income-Producing Activities Part XVI-A (e)

Related or exemptfunction income

(See instructions.)

Unrelated business income Excluded by section 512, 513, or 514Enter gross amounts unless otherwise indicated.

(a)

Business code

(b)

Amount

(d)

Amount

(c)

Exclusion code1 Program service revenue:

a

b

c

d

e

f

g Fees and contracts from government agencies

2 Membership dues and assessments m m m m m3 Interest on savings and temporary cash investments

4 Dividends and interest from securities m m m mNet rental income or (loss) from real estate:5

a Debt-financed property m m m m m m m m m mb Not debt-financed property m m m m m m m m

6 Net rental income or (loss) from personal property mOther investment income7 m m m m m m m m m m

8 Gain or (loss) from sales of assets other than inventory

9 Net income or (loss) from special events m m m10 Gross profit or (loss) from sales of inventory m m11 Other revenue: a

b

c

d

e

12 Subtotal. Add columns (b), (d), and (e) m m m m13 Total. Add line 12, columns (b), (d), and (e) 13m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m(See worksheet in line 13 instructions to verify calculations.)

Relationship of Activities to the Accomplishment of Exempt Purposes Part XVI-B

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.)

Line No.

L

Form 990-PF (2014)JSA

4E1492 1.000

14 4,678,556.

18 9,360,904.

ATCH 18 2,885.

14,042,345.14,042,345.

5190GB 700D 0178058

Form 990-PF (2014) Page 13

Information Regarding Transfers To and Transactions and Relationships With NoncharitableExempt Organizations

Part XVII

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)

1a(2)

1b(1)

1b(2)

1b(3)

1b(4)

1b(5)

1b(6)

1c

m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m(2) Other assets m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m

b

c

d

Other transactions:

(1) Sales of assets to a noncharitable exempt organization m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m(2) Purchases of assets from a noncharitable exempt organization m m m m m m m m m m m m m m m m m m m m m m m m m m m(3) Rental of facilities, equipment, or other assets m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m(4) Reimbursement arrangements m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m(5) Loans or loan guarantees m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m(6) Performance of services or membership or fundraising solicitations m m m m m m m m m m m m m m m m m m m m m m m mSharing of facilities, equipment, mailing lists, other assets, or paid employees m m m m m m m m m m m m m m m m m m m mIf 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? Yes Nom m m m m m m m m m m m mb If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship

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.

Sign

Here

May the IRS discuss this return

with the preparer shown belowM MSignature of officer or trustee Date Title (see instructions)? Yes No

Print/Type preparer's name Preparer's signature Date PTINCheck

self-employed

ifPaid

Preparer

Use OnlyII

IFirm's name

Firm's address

Firm's EIN

Phone no.

Form 990-PF (2014)

JSA

4E1493 1.000

X X

X X X X X X X

N/A

X

N/A

X

ROSEMARIE BROWN P01278077GRANT THORNTON LLP 36-6055558515 S. FLOWER STREET, 7TH FLOORLOS ANGELES, CA 90071 213-627-1717

5190GB 700D 0178058

FORM 990-PF - PART IVCAPITAL GAINS AND LOSSES FOR TAX ON INVESTMENT INCOME

PDate Date soldorKind of Property Description

acquiredDGross sale Depreciation Excess of GainCost or FMV Adj. basisprice less allowed/ FMV over orother as of as of

expenses of sale adj basis (loss)allowable basis 12/31/69 12/31/69

JSA4E1730 1.000

CONTRARIAN DISTRESSED REAL ESTATE DEBT F VAR VAR265.

DUNE REAL ESTATE FUND III VAR VAR1,474.

HARVEST MLP INCOME FUND LLC VAR VAR69,890.

KAYNE ANDERSON ENERGY FUND VI VAR VAR-9,170.

OCH-ZIFF REAL ESTATE PARALLEL VAR VAR-8,938.

PATHWAY PRIVATE EQUITY FUND VAR VAR28,838.

VISTA EQUITY PARTNERS V. LP VAR VAR663.

PUBLICLY TRADED COMPANIES VAR VAR4,236,975.

CONTRARIAN DISTRESSED REAL ESTATE DEBT F VAR VAR160,777.

DUNE REAL ESTATE FUND III VAR VAR88.

HARVEST MLP INCOME FUND LLC VAR VAR40,271.

KAYNE ANDERSON ENERGY FUND IV VAR VAR-8,167.

5190GB 700D 0178058

FORM 990-PF - PART IVCAPITAL GAINS AND LOSSES FOR TAX ON INVESTMENT INCOME

PDate Date soldorKind of Property Description

acquiredDGross sale Depreciation Excess of GainCost or FMV Adj. basisprice less allowed/ FMV over orother as of as of

expenses of sale adj basis (loss)allowable basis 12/31/69 12/31/69

JSA4E1730 1.000

KAYNE ANDERSON ENERGY FUND VI VAR VAR-17,438.

OCH-ZIFF REAL ESTATE PARALLEL VAR VAR75,805.

PATHWAY PRIVATE EQUITY FUND VAR VAR290,091.

ADAGE CAPITAL PARTNERS, LP VAR VAR73,992.

ADAGE CAPITAL PARTNERS, LP VAR VAR756,751.

LONE STAR II VAR VAR4,434.

LONE STAR VIII VAR VAR209,340.

WELLINGTON TRUST COMPANY, NA VAR VAR996,773.

TOTAL GAIN(LOSS) ................................................ 6,902,714.

5190GB 700D 0178058

ATTACHMENT 1

FORM 990PF, PART I - OTHER INCOME

REVENUEAND NET

EXPENSES INVESTMENTDESCRIPTION PER BOOKS INCOMEMISCELLANEOUS INCOME 2,885.K-1 INCOME 1,035,583.

TOTALS 2,885. 1,035,583.

ATTACHMENT 15190GB 700D 0178058

ATTACHMENT 2

FORM 990PF, PART I - LEGAL FEES

REVENUEAND NET ADJUSTED

EXPENSES INVESTMENT NET CHARITABLEDESCRIPTION PER BOOKS INCOME INCOME PURPOSES

MARILYN B. O'TOOLE, ESQ 11,000. 11,000.

TOTALS 11,000. 11,000.

ATTACHMENT 2

5190GB 700D 0178058

ATTACHMENT 3

FORM 990PF, PART I - ACCOUNTING FEES

REVENUEAND NET ADJUSTED

EXPENSES INVESTMENT NET CHARITABLEDESCRIPTION PER BOOKS INCOME INCOME PURPOSES

ACCOUNTING FEES 51,174. 51,174.

TOTALS 51,174. 51,174.

ATTACHMENT 3

5190GB 700D 0178058

ATTACHMENT 4

FORM 990PF, PART I - OTHER PROFESSIONAL FEES

REVENUEAND NET

EXPENSES INVESTMENT CHARITABLEDESCRIPTION PER BOOKS INCOME PURPOSES

INVESTMENT MANAGERS 1,213,783. 251,272.OTHER 1,955. 1,955.

TOTALS 1,215,738. 251,272. 1,955.

ATTACHMENT 4

5190GB 700D 0178058

ATTACHMENT 5

FORM 990PF, PART I - TAXES

REVENUEAND NET

EXPENSES INVESTMENT CHARITABLEDESCRIPTION PER BOOKS INCOME PURPOSES

PAYROLL TAXES 22,323. 22,323.FEDERAL EXCISE TAXES 220,772.STATE UBI TAXES 6,656.FOREIGN TAXES PAID 17,557.

TOTALS 249,751. 17,557. 22,323.

ATTACHMENT 5

5190GB 700D 0178058

ATTACHMENT 6

FORM 990PF, PART I - OTHER EXPENSES

REVENUEAND NET

EXPENSES INVESTMENT CHARITABLEDESCRIPTION PER BOOKS INCOME PURPOSESPAYROLL SERVICE FEES 1,785. 1,785.INSURANCE EXPENSE 23,230. 23,230.SUPPLIES EXPENSE 2,144. 2,144.MEMBERSHIPS 12,150. 12,150.TELEPHONE 3,600. 3,600.POSTAGE SHIPPING EXPENSE 1,507. 1,507.PARKING EXPENSE 9,678. 9,678.OFFICE FURNITURE & EQUIPMENT 1,343. 1,343.EQUIPMENT MAINTENANCE EXPENSE 5,122. 5,122.OFFSITE STORAGE 778. 778.BUSINESS MEALS 923. 923.OTHER EXPENSES 291. 291.OPERATING FEES 180. 180.PROGRAM COMMITTEE EXPENSES 67. 67.SITE VISITS 221. 221.OTHER K-1 DEDUCTIONS 656,125.

TOTALS 63,019. 656,125. 63,019.

ATTACHMENT 6

5190GB 700D 0178058

ATTACHMENT 7

FORM 990PF, PART II - OTHER INVESTMENTS

ENDING ENDINGDESCRIPTION BOOK VALUE FMV

ASSETS HELD AT CHARLES SCHWAB 85,749,925. 85,749,925.ADAGE CAPITAL PARTNERS, LP 9,688,197. 9,688,197.WELLINGTON GLOBAL PERSPECTIVE 6,989,730. 6,989,730.ANGELES ABSOLUTE RETURN FUND 23,363,200. 23,363,200.CANYON STRUCTURED ASSETS FUNDCONTRARIAN DISTRESSED REAL ESA 1,967,295. 1,967,295.DOVER STREET VIII 2,575,942. 2,575,942.HIGHLAND CREDIT STRATEGIES 1,592,982. 1,592,982.KAYNE ANDERSON ENGERY FUND IV 1,126,425. 1,126,425.LONE STAR REAL ESTATE FUND 904,508. 904,508.OCH-ZIFF REAL ESTATE FUND II 1,492,290. 1,492,290.PATHWAY PRIVATE EQUITY FUND 20 3,890,216. 3,890,216.RAMIUS MULTI STRATEGY FUND 26,195. 26,195.FAIRBANKS COMPANYKAYNE ANDERSON ENERGY FUND VI 789,481. 789,481.LONESTAR FUND VIII, III, IX 3,987,134. 3,987,134.BAIN CAPITAL XI 463,707. 463,707.HARVEST MLP 8,316,938. 8,316,938.OCH-ZIFF REAL ESTATE FUND III 21,374. 21,374.VISTA EQUITY 280,528. 280,528.DUNE RE III 666,139. 666,139.

TOTALS 153,892,206. 153,892,206.


ATTACHMENT 8

FORM 990PF, PART II - OTHER ASSETS

ENDING ENDINGDESCRIPTION BOOK VALUE FMV

FEDERAL EXCISE TAX RECEIVABLE 7,093.

TOTALS 7,093.


ATTACHMENT 9

FORM 990PF, PART III - OTHER DECREASES IN NET WORTH OR FUND BALANCES

DESCRIPTION AMOUNT

UNREALIZED LOSS ON INVESTMENT 2,556,494.

TOTAL 2,556,494.

5190GB 700D 0178058

FORM 990PF, PART VIII - LIST OF OFFICERS, DIRECTORS, AND TRUSTEES ATTACHMENT 10

CONTRIBUTIONS

TITLE AND AVERAGE HOURS PER TO EMPLOYEENAME AND ADDRESS WEEK DEVOTED TO POSITION COMPENSATION BENEFIT PLANS

RUTH ELIEL EXECUTIVE DIRECTOR/SECRETARY 177,900. 17,287.

6311 ROMAINE STREET SUITE 7138 32.00


LAYNE PINKERNELL CONTROLLER/TREASURER 96,400. 11,356.6311 ROMAINE STREET SUITE 7138 24.00


EDMUND EDELMAN DIRECTOR 24,000.



GAIL EICHENTHAL DIRECTOR 6,000.



EUGENE KRIEGER DIRECTOR/PRESIDENT 18,000.



ROBERT ATTIYEH DIRECTOR 24,000.




FORM 990PF, PART VIII - LIST OF OFFICERS, DIRECTORS, AND TRUSTEES ATTACHMENT 10 (CONT'D)

CONTRIBUTIONS

TITLE AND AVERAGE HOURS PER TO EMPLOYEENAME AND ADDRESS WEEK DEVOTED TO POSITION COMPENSATION BENEFIT PLANS

RICHARD COLBURN DIRECTOR



CAROL COLBURN GRIGOR DIRECTOR6311 ROMAINE STREET, SUITE 7138 1.00


DAVID D. COLBURN DIRECTOR



GRAND TOTALS 346,300. 28,643.

ATTACHMENT 10

5190GB 700D 0178058

990PF, PART VIII - COMPENSATION OF THE FIVE HIGHEST PAID EMPLOYEESATTACHMENT 11

TITLE AND AVERAGE CONTRIBUTIONSHOURS PER WEEK TO EMPLOYEE

NAME AND ADDRESS DEVOTED TO POSITION COMPENSATION BENEFIT PLANS

KRISTIN RUNNELS 60,256. 8,664.6311 ROMAINE STREET SUITE 7138 36.00LOS ANGELES, CA 90038

TOTAL COMPENSATION 60,256. 8,664.

ATTACHMENT 11

5190GB 700D 0178058

990PF, PART VIII- COMPENSATION OF THE FIVE HIGHEST PAID PROFESSIONALS

ATTACHMENT 12

NAME AND ADDRESS TYPE OF SERVICE COMPENSATION

ANGELES INVESTMENT ADVISORS, LLC INVESTMENT 251,272.429 SANTA MONICA BLVD., SUITE 650SANTA MONICA, CA 90401

TOTAL COMPENSATION 251,272.

5190GB 700D 0178058

ATTACHMENT 13

FORM 990PF, PART XV - NAME, ADDRESS AND PHONE FOR APPLICATIONS

KRISTIN RUNNELS6311 ROMAINE STREET, SUITE 7138LOS ANGELES, CA 90038323-464-4640

5190GB 700D 0178058

ATTACHMENT 14

990PF, PART XV - FORM AND CONTENTS OF SUBMITTED APPLICATIONS

PLEASE NOTE THAT WE STRONGLY URGE ALL GRANT SEEKERS TO CONTACT US AT323-464-4640 BEFORE SUBMITTING A LETTER OF INTENT OR AN APPLICATION.AFTER A CONVERSATION, WE MAY ENCOURAGE YOU TO SUBMIT A LETTER OFINTENT. IF WE ARE UNFAMILIAR WITH YOUR ORGANIZATION OR PROGRAM, WEWILL LIKELY WANT TO MEET WITH YOU AND/ OR OBSERVE YOUR PROGRAM BEFOREENCOURAGING YOU TO TAKE FURTHER STEPS. MOST OF OUR GRANTS ARE IN THEFORM OF GENERAL OPERATING SUPPORT. WE HAVE AN ONLINE APPLICATIONPROCESS AND WILL WALK YOU THROUGH THAT IF AND WHEN YOU ARE READY TOSUBMIT AN APPLICATION. THE APPLICATION REQUIRES THE FOLLOWING:-MISSION AND HISTORY OF YOUR ORGANIZATION-A COPY OF PROOF OF 501(C)(3) STATUS-MOST RECENT TWO AUDITS (OR 990'S IN THE CASE THAT YOU ARE NOTAUDITED); IF THIS INFORMATION IS MORE THAN A YEAR OLD, PLEASE ALSOSUBMIT AN INTERNAL FINANCIAL STATEMENT FOR YOUR MOST RECENTLYCOMPLETED FISCAL YEAR-CURRENT YEAR BUDGET; IF YOU ARE APPLYING FOR FUNDING FOR A FUTUREYEAR'S ACTIVITY, PLEASE ALSO INCLUDE A BUDGET FOR THE NEXT FISCAL YEAR-A LIST OF BOARD OF DIRECTORS AND THEIR AFFILIATESIF IN THE COURSE OF THE APPLICATION PROCESS, YOU HAVE QUESTIONS,PLEASE DO NOT HESITATE TO CONTACT US AT [email protected] 323-464-4640.

5190GB 700D 0178058

ATTACHMENT 15

990PF, PART XV - RESTRICTIONS OR LIMITATIONS ON AWARDS

GRANTS ARE GENERALLY AWARDED TO ORGANIZATIONS IN THE SOUTHERNCALIFORNIA AREA. THE PURPOSE OF THE GRANT MUST BE FOR FURTHERING THESTUDY, TEACHING, AND PERFORMANCE OF CLASSICAL MUSIC AND DANCE.

5190GB 700D 0178058

FORM 990PF, PART XV - GRANTS AND CONTRIBUTIONS PAID DURING THE YEAR

ATTACHMENT 16

RELATIONSHIP TO SUBSTANTIAL CONTRIBUTOR

AND

RECIPIENT NAME AND ADDRESS FOUNDATION STATUS OF RECIPIENT PURPOSE OF GRANT OR CONTRIBUTION AMOUNT

LOS ANGELES CHAMBER OF ORCHESTRA NONE 294,000.CLASSICAL ARTS

350 S FIGUROA ST., SUITE 183 PC


LOS ANGELES MASTER CHORALE NONE 150,000.CLASSICAL ARTS

135 N GRAND AVE PC


LOS ANGELES OPERA COMPANY NONE 750,000.CLASSICAL ARTS

135 N GRAND AVE. PC


MUSIC ACADEMY OF THE WEST NONE 20,000.CLASSICAL ARTS

1070 FAIRWAY RD. PC

SANTA BARBARA, CA 93108

USC THORNTON SCHOOL OF MUSIC NONE 100,000.CLASSICAL ARTS

PO BOX 77913 PC


CALIFORNIA INSTITUTE OF THE ARTS NONE 100,000.CLASSICAL ARTS

24700 MCBEAN PARKWAY PC

VALENCIA, CA 91355

ATTACHMENT 16

5190GB 700D 0178058


ATTACHMENT 16 (CONT'D)


AND


THE COLBURN SCHOOL (SHARES ISSUED) NONE 58,423.CLASSICAL ARTS

200 S. GRAND AVE. PC


LOS ANGELES PHILHARMONIC NONE 750,000.CLASSICAL ARTS

151 S GRAND AVE. PC


HEART OF LOS ANGELES NONE 13,500.CLASSICAL ARTS

2701 WILSHIRE BLVD. SUITE 100 PC


LONG BEACH CENTRAL AREA ASSOCIATION NONE 4,000.CLASSICAL ARTS

P.O. BOX 6502 PC

LONG BEACH, CA 90806

THE SOMERSET FOUNDATION NONE 8,000.CLASSICAL ARTS

329 SYCAMORE RD. PC

SANTA MONICA, CA 90402

AMERICAN YOUTH SYMPHONY NONE 20,000.CLASSICAL ARTS

2365 WESTWOOD BLVD., #23 PC


ATTACHMENT 16

5190GB 700D 0178058




AND


IDYLLWILD ARTS FOUNDATION NONE 20,000.CLASSICAL ARTS

PO BOX 38 PC

IDYLLWILD, CA 92549

KUSC NONE 42,500.CLASSICAL ARTS

PO BOX 77913 PC


MONDAY EVENING CONCERTS NONE 15,000.CLASSICAL ARTS

3710 S. ROBERTSON BLVD., SUITE 200 PC

CULVER CITY, CA 90232

OJAI FESTIVALS, LTD. NONE 24,000.CLASSICAL ARTS

PO BOX 185 PC

OJAI, CA 93024

PHILHARMONIC SOCIETY OF ORANGE COUNTY NONE 15,000.CLASSICAL ARTS

2082 BUSINESS CENTER DRIVE, STE 100 PC

IRVINE, CA 92612

JACARANDA NONE 22,000.CLASSICAL ARTS

1626 N. BENTON WAY PC


ATTACHMENT 16

5190GB 700D 0178058




AND


LA'S BEST NONE 5,000.CLASSICAL ARTS

200 N SPRING ST PC


MADISON PROJECT (THE BOARD STAGE) NONE 35,000.CLASSICAL ARTS

1900 PICO BLVD. PC


THE MUSIC GUILD NONE 5,000.CLASSICAL ARTS

3637 MOTOR AVE. SUITE 240 PC


PASADENA CONSERVATORY OF MUSIC NONE 15,000.CLASSICAL ARTS

100 N HILL AVE PC

PASADENA, CA 91106

SEGERSTROM CENTER OF THE ARTS NONE 25,000.CLASSICAL ARTS

600 TOWN CENTER DR. PC

COSTA MESA, CA 92626

YOUNG CONCERT ARTISTS NONE 10,000.CLASSICAL ARTS

250 WEST 57 ST. SUITE 1222 PC

NEW YORK, NY 10019

ATTACHMENT 16

5190GB 700D 0178058




AND


LOS ANGELES MUSIC & ART SCHOOL NONE 20,000.CLASSICAL ARTS

3630 E 3RD ST. PC


MUSEUM ASSOCIATES (SUNDAY LIVE) NONE 15,000.CLASSICAL ARTS

5905 WILSHIRE BLVD. PC


LOS ANGELES CHILDREN'S CHORUS NONE 10,000.CLASSICAL ARTS

585 E. COLORADO BLVD PC

PASADENA, CA 91101

THE COLBURN SCHOOL NONE 3,036,498.CLASSICAL ARTS

200 S. GRAND AVE


MUSICA ANGELICA NONE 50,000.CLASSICAL ARTS

1223 WILSHIRE BLVD, #287 PC


CAP UCLA, C/O REGENTS OF THE UNIVERSITY OF CALIFOR NONE 10,000.CLASSICAL ARTS

11000 KINROSS AVE. SUITE 102 PC


ATTACHMENT 16

5190GB 700D 0178058




AND


DA CAMERA SOCIETY NONE 50,000.CLASSICAL ARTS

10 CHESTER PLACE PC


THE CHAMBER MUSIC SOCIETY OF LINCOLN CENTER NONE 5,000.CLASSICAL ARTS

70 LINCOLN CENTER PLAZA PC

NEW YORK, NY 10023

CALDER PERFORMING ARTS NONE 5,000.CLASSICAL ARTS

3270 DESCANO DR. PC


CALIFORNIA STATE UNIVERSITY OF NORTHRIDGE NONE 20,000.CLASSICAL ARTS

18111 NORDHOFF STREET PC

NORTHRIDGE, CA 91330

LONG BEACH OPERA NONE 27,000.CLASSICAL ARTS

507 PACIFIC AVE PC

LONG BEACH, CA 90802

MARLBORO SCHOOL OF MUSIC NONE 10,000.CLASSICAL ARTS

1528 WALNUT ST., SUITE 301 PF

PHILADELPHIA, PA 19102

ATTACHMENT 16

5190GB 700D 0178058




AND


TAOS SCHOOL OF MUSIC NONE 8,000.CLASSICAL ARTS

PO BOX 2630 PC

TAOS, NM 87571

CENTER STAGE STRINGS NONE 3,000.CLASSICAL ARTS.

PO BOX 1203 PC

THREE RIVERS, CA 93271

LOS ANGELES COUNTY ARTS COMMISSION NONE 8,000.CLASSICAL ARTS.

1055 WILSHIRE BLVD, SUITE 800 PC


SANTA CECILIA OPERA AND ORCHESTRA ASSOCIATION NONE 5,000.CLASSICAL ARTS.

2759 W BROADWAY PC


NEW SCHOOL UNIVERSITY NONE 10,000.CLASSICAL ARTS.

55 WEST 13TH ST., 7TH FLOOR PC

NEW YORK, NY 10011

THE PERFORMING ARTS CENTER OF LOS ANGELES COUNTY NONE 5,000.CLASSICAL ARTS.

135 N GRAND AVE PC


ATTACHMENT 16

5190GB 700D 0178058




AND


CONTRIBUTION FROM KAYNE IV, PASSTHRU K-1 NONE 201.AVAILABLE UPON REQUEST.

6311 ROMAINE STREET SUITE 7138 NC


CONTRIBUTION FROM KAYNE VI, PASSTHRU K-1 NONE 252.AVAILABLE UPON REQUEST



CONTRIBUTIONS FROM OCH-ZIFF II, PASSTHRU K-1 NONE 6.AVAILABLE UPON REQUEST.



CONTRIBUTIONS FROM PATHWAY 2007, PASSTHRU K-1 NONE 83.AVAILABLE UPON REQUEST.

6311 ROMAINE STREET SUITE 7138 PC


AMERICAN FRIENDS OF THE ACADEMY OF ST. MARTIN NONE 10,000.CLASSICAL ARTS

240 S. REYNOLDS ST #203 PC

ALEXANDRIA, VA 22304

PIANO SPHERES NONE 10,000.CLASSICAL ARTS

149 SOUTH WINDSOR BLVD. PC


ATTACHMENT 16

5190GB 700D 0178058




AND


PASADENA ARTS COUNCIL NONE 5,100.CLASSICAL ARTS

65 S. GRAND AVENUE PC

PASADENA, CA 91105

ELEMENTAL STRINGS NONE 7,500.CLASSICAL ARTS

1831 STANFORD STREET SUITE 111 PC


BOYLE HEIGHTS YOUTH ORCHESTRA NONE 2,500.CLASSICAL ARTS

6311 ROMAINE STREET, SUITE 7138 PC


THE INDUSTRY PRODUCTION NONE 10,000.CLASSICAL ARTS

846 1/2 SANBORN AVENUE PC


NEIGHBORHOOD MUSIC SCHOOL NONE 5,000.CLASSICAL ARTS

358 SOUTH BOYLE AVENUE PC


PACIFIC SYMPHONY NONE 25,000.CLASSICAL ARTS

3631 S. HARBOR BLVD. SUITE 100 PC

SANTA ANA, CA 92704

ATTACHMENT 16

5190GB 700D 0178058




AND


RENAISSANCE ARTS ACADEMY NONE 10,000.CLASSICAL ARTS

1800 COLORADO BLVD. PC

EAGLE ROCK, CA 90041

ETM-LA INC NONE 7,500.CLASSICAL ARTS

847 N. HOLLYWOOD WAY SUITE 206 PC

BURBANK, CA 91505

FRACTURED ATLAS NONE 5,000.CLASSICAL ARTS

248 WEST 35TH STREET 10TH FLOOR PC

NEW YORK, NY 10001

SHUMEI ARTS COUNCIL OF AMERICA NONE 3,000.CLASSICAL ARTS

2430 E. COLORADO BLVD. PC

PASADENA, CA 91107

TOTAL CONTRIBUTIONS PAID 5,900,063.

ATTACHMENT 16

5190GB 700D 0178058

FORM 990PF, PART XV - CONTRIBUTIONS APPROVED FOR FUTURE PAYMENT

ATTACHMENT 17


AND


LOS ANGELES PHILHARMONIC ASSOCIATION NONE 3,250,000.CLASSICAL ARTS



LOS ANGELES OPERA COMPANY NONE 2,250,000.CLASSICAL ARTS

135 N. GRAND AVENUE PC


LOS ANGELES CHAMBER ORCHESTRA SOCIETY NONE 600,000.CLASSICAL ARTS

350 S FIGUROA ST., SUITE 183 PC


LOS ANGELES MASTER CHORALE NONE 400,000.CLASSICAL ARTS

135 N. GRAND AVENUE PC


CALIFORNIA INSTITUTE OF THE ARTS NONE 100,000.CLASSICAL ARTS

24700 MCBEAN PARKWAY PC

VALENCIA, CA 91355

THE COLBURN SCHOOL NONE 29,000,000.CLASSICAL ARTS

200 S. GRAND AVE. PC


ATTACHMENT 17

5190GB 700D 0178058




AND


UNIVERSITY OF SOUTHERN CALIFORNIA NONE 150,000.CLASSICAL ARTS

PO BOX 77913 PC


AMERICAN YOUTH SYMPTHONY NONE 40,000.CLASSICAL ARTS

2365 WESTWOOD BLVD., #23 PC


HEART OF LOS ANGELES NONE 45,000.CLASSICAL ARTS

2701 WILSHIRE BLVD. SUITE #100 PC


IDYLLWILD ARTS FOUNDATION NONE 25,000.CLASSICAL ARTS

P.O. BOX 38 PC

IDYLLWILD, CA 92549

LOS ANGELES MUSIC AND ART SCHOOL NONE 25,000.CLASSICAL ARTS

3630 EAST THIRD ST. PC


MADISON PROJECT NONE 25,000.CLASSICAL ARTS

C/O THE BROAD STAGE PC

1900 PIVO BLVD.


ATTACHMENT 17

5190GB 700D 0178058




AND


MUSEUM ASSOCIATES NONE 25,000.CLASSICAL ARTS

C/O LOS ANGELES COUNTY MUSEUM PC

5905 WILSHIRE BLVD.


MUSEUM ACADEMY OF THE WEST NONE 40,000.CLASSICAL ARTS

1070 FAIRWAY ROAD PC

SANTA BARBARA, CA 93108-2899

OJAI FESTIVALS, LTD NONE 20,000.CLASSICAL ARTS

P.O. BOX 185 PC

OJAI, CA 93024-0185

PHILHARMONIC SOCIETY OF ORANGE COUNTY NONE 50,000.CLASSICAL ARTS

2082 BUSINESS CENTER DRIVE SUITE 100 PC

IRVINE, CA 92612

SEGERSTROM CENTER FOR THE ARTS NONE 20,000.CLASSICAL ARTS

600 TOWN CENTER DRIVE PC

COSTA MESA, CA 92626

THE CHAMBER MUSIC SOCIETY OF LINCOLN CENTER NONE 5,000.CLASSICAL ARTS

70 LINCOLN CENTER PLAZA PC

NEW YORK, NY 10023-6582

ATTACHMENT 17

5190GB 700D 0178058




AND


CENTER STAGE STRINGS NONE 5,000.CLASSICAL ARTS



HEAR NOW MUSIC FESTIVAL NONE 5,000.CLASSICAL ARTS

C/0 HEIDI LESEMANN PC

4209 VIA ARBOLADA, #231


LOS ANGELES CHILDREN'S CHORUS NONE 10,000.CLASSICAL ARTS

585 COLORADO BLVD. PC

PASADENA, CA 91101

MARLBORO SCHOOL OF MUSIC NONE 10,000.CLASSICAL ARTS

1528 WALNUT STREET SUITE 301 PC

PHILADELPHIA, PA 19102

THE NEW SCHOOL NONE 10,000.CLASSICAL ARTS

55 WEST 13TH STREET 7TH FLOOR PC

NEW YORK, NY 10011

PIANO SPHERES NONE 10,000.CLASSICAL ARTS

149 SOUTH WINDSOR BLVD. PC


ATTACHMENT 17

5190GB 700D 0178058




AND


TAOS SCHOOL OF MUSIC, INC. NONE 12,000.CLASSICAL ARTS

P.O. BOX 2630 PC

TAOS, NM 87571

YOUNG CONCERT ARTISTS NONE 10,000.CLASSICAL ARTS

250 WEST 57TH STREET PC

NEW YORK, NY 10019

TOTAL CONTRIBUTIONS APPROVED 36,142,000.

ATTACHMENT 17

5190GB 700D 0178058

FORM 990-PF, PART XVI-A - ANALYSIS OF OTHER REVENUEATTACHMENT 18

BUSINESS EXCLUSION RELATED OR EXEMPTDESCRIPTION CODE AMOUNT CODE AMOUNT FUNCTION INCOME

MISCELLANEOUS INCOME 01 2,885.

TOTALS 2,885.

ATTACHMENT 18

5190GB 700D 0178058

OMB No. 1545-0123Underpayment of Estimated Tax by CorporationsForm 2220

I Attach to the corporation's tax return.Department of the TreasuryInternal Revenue Service I Information about Form 2220 and its separate instructions is at www.irs.gov/form2220. À¾µ¸Name Employer identification number

Note: Generally, the corporation is not required to file Form 2220 (see Part II below for exceptions) because the IRS will figure any penalty

owed and bill the corporation. However, the corporation may still use Form 2220 to figure the penalty. If so, enter the amount from page 2, line

38 on the estimated tax penalty line of the corporation's income tax return, but do not attach Form 2220.

Required Annual Payment Part I

1

2d

3

4

5

1 Total tax (see instructions) m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m2aPersonal holding company tax (Schedule PH (Form 1120), line 26) included on line 12a m m

b Look-back interest included on line 1 under section 460(b)(2) for completed long-term

contracts or section 167(g) for depreciation under the income forecast method 2bm m m m2cc Credit for federal tax paid on fuels (see instructions) m m m m m m m m m m m m m

d Total. Add lines 2a through 2c m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m3 Subtract line 2d from line 1. If the result is less than $500, do not complete or file this form. The corporation

does not owe the penalty m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mEnter the tax shown on the corporation's 2013 income tax return (see instructions). Caution: If the tax is zero or4

the tax year was for less than 12 months, skip this line and enter the amount from line 3 on line 5 m m m m m5 Required annual payment. Enter the smaller of line 3 or line 4. If the corporation is required to skip line 4, enter

the amount from line 3 m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m mReasons for Filing - Check the boxes below that apply. If any boxes are checked, the corporation must fileForm 2220 even if it does not owe a penalty (see instructions).

Part II

6 The corporation is using the adjusted seasonal installment method.

7 The corporation is using the annualized income installment method.

8 The corporation is a "large corporation" figuring its first required installment based on the prior year's tax.

Figuring the Underpayment Part III (b) (c) (d)(a)

9 Installment due dates. Enter in columns (a)through (d) the 15th day of the 4th (Form 990-PFfilers: Use 5th month), 6th, 9th, and 12th monthsof the corporation's tax year m m m m m m m m m 9

10

11

12

13

14

15

16

17

18

10 Required installments. If the box on line 6

and/or line 7 above is checked, enter the

amounts from Schedule A, line 38. If the box on

line 8 (but not 6 or 7) is checked, see instructions

for the amounts to enter. If none of these boxes

are checked, enter 25% of line 5 above in each

column m m m m m m m m m m m m m m m m m mEstimated tax paid or credited for each period

(see instructions). For column (a) only, enter the

amount from line 11 on line 15

11

m m m m m m m mComplete lines 12 through 18 of one column

before going to the next column.

12 Enter amount, if any, from line 18 of the preceding column m m m13 Add lines 11 and 12 m m m m m m m m m m m m14 Add amounts on lines 16 and 17 of the preceding column

15 Subtract line 14 from line 13. If zero or less, enter -0- m m16 If the amount on line 15 is zero, subtract line 13

from line 14. Otherwise, enter -0- m m m m m m m17 Underpayment. If line 15 is less than or equal to

line 10, subtract line 15 from line 10. Then go to

line 12 of the next column. Otherwise, go to

line 18 m m m m m m m m m m m m m m m m m m18 Overpayment. If line 10 is less than line 15,

subtract line 10 from line 15. Then go to line12 of the next column m m m m m m m m m m m m

Go to Part IV on page 2 to figure the penalty. Do not go to Part IV if there are no entries on line 17 - no penalty is owed.

For Paperwork Reduction Act Notice, see separate instructions. Form 2220 (2014)

JSA

4X8006 2.000

COLBURN FOUNDATION 95-4693145

258,709.

258,709.

173,718.

173,718.

X

05/15/2014 06/15/2014 09/15/2014 12/15/2014

43,430. 43,430. 43,430. 43,430.

26,731. 200,000.

96,441.200,000. 96,441.

16,699. 60,129.26,731. 139,871. 96,441.

16,699.

16,699. 43,430.

96,441.

5190GB 700D 0178058

Form 2220 (2014) Page 2

Figuring the Penalty Part IV (a) (b) (c) (d)

19 Enter the date of payment or the 15th day of the 3rd month after

the close of the tax year, whichever is earlier (see instructions).

(Form 990-PF and Form 990-T filers: Use 5th month instead of

3rd month.) 19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

m m m m m m m m m m m m m m m m m m m m m m m m m m20

21

Number of days from due date of installment on line 9 to the

date shown on line 19 m m m m m m m m m m m m m m m m m m m m mNumber of days on line 20 after 4/15/2014 and before 7/1/2014

Number of days on line 2122

23

24

Underpayment on line 17 x x 3% $

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

365

Number of days on line 20 after 6/30/2014 and before 10/1/2014

Number of days on line 23 Underpayment on line 17 x x 3%

365

25 Number of days on line 20 after 9/30/2014 and before 1/1/2015


365

27

28

29

30



365


Number of days on line 29 Underpayment on line 17 x x *%

365


Number of days on line 31 32 Underpayment on line 17 x x *%

365



365



366

37 Add lines 22, 24, 26, 28, 30, 32, 34, and 36 m m m m m m m m m m38 Penalty. Add columns (a) through (d) of line 37. Enter the total here and on Form 1120, line 33; or the comparable

line for other income tax returns 38m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m*Use the penalty interest rate for each calendar quarter, which the IRS will determine during the first month in the preceding quarter.

These rates are published quarterly in an IRS News Release and in a revenue ruling in the Internal Revenue Bulletin. To obtain this

information on the Internet, access the IRS website at www.irs.gov. You can also call 1-800-829-4933 to get interest rate

information.

Form 2220 (2014)

JSA

4X8007 2.000

ATTACHMENT 1

SEE PENALTY COMPUTATION WHITEPAPER DETAIL

473.

5190GB 700D 0178058

Form 2220 (2014) Page 4

Annualized Income Installment Method Part II (a) (b) (c) (d)

20

21

22

23a

23b

23c

24

25

26

27

28

29

30

31

First First First First

months months months months20 Annualization periods (see instructions) m m m21 Enter taxable income for each annualization period

(see instructions for the treatment of extraordinaryitems) m m m m m m m m m m m m m m m m m m m

22 Annualization amounts (see instructions) m m23 a Annualized taxable income. Multiply line 21

by line 22 m m m m m m m m m m m m m m m m mb Extraordinary items (see instructions) m m m mc Add lines 23a and 23b m m m m m m m m m m m

24 Figure the tax on the amount on line 23c using theinstructions for Form 1120, Schedule J, line 2 (orcomparable line of corporation's return) m m m m m

25 Enter any alternative minimum tax for each

payment period (see instructions) m m m m m m26 Enter any other taxes for each payment

period (see instructions) m m m m m m m m m m27 Total tax. Add lines 24 through 26 m m m m m28 For each period, enter the same type of credits as

allowed on Form 2220, lines 1 and 2c (seeinstructions) m m m m m m m m m m m m m m m m m

29 Total tax after credits. Subtract line 28 from

line 27. If zero or less, enter -0- m m m m m m m30 Applicable percentage 25% 50% 75% 100%m m m m m m m m m m m31 Multiply line 29 by line 30 m m m m m m m m m

Required Installments Part III 1st

installment

2nd

installment

3rd

installment

4th

installmentNote: Complete lines 32 through 38 of one

column before completing the next column.

32 If only Part I or Part II is completed, enter the

amount in each column from line 19 or line 31. If

both parts are completed, enter the smaller of the

amounts in each column from line 19 or line 31 32

33

34

35

36

37

38

m m33 Add the amounts in all preceding columns

of line 38 (see instructions) m m m m m m m m m34 Adjusted seasonal or annualized income

installments. Subtract line 33 from line 32.

If zero or less, enter -0- m m m m m m m m m m m35 Enter 25% of line 5 on page 1 of Form 2220

in each column. Note: "Large corporations,"see the instructions for line 10 for theamounts to enter m m m m m m m m m m m m m

36 Subtract line 38 of the preceding column

from line 37 of the preceding column m m m m37 Add lines 35 and 36 m m m m m m m m m m m m38 Required installments. Enter the smaller of

line 34 or line 37 here and on page 1 of

Form 2220, line 10 (see instructions) m m m mForm 2220 (2014)

JSA

4X8009 2.000

2 3 6 9

1,729,355. 2,594,033. 7,626,527. 9,113,542.

6.00000 4.00000 2.00000 1.33333

10376130. 10376132. 15253054. 12151359.

10376130. 10376132. 15253054. 12151359.

207,523. 207,523. 305,061. 243,027.

207,523. 207,523. 305,061. 243,027.

207,523. 207,523. 305,061. 243,027.

51,881. 103,762. 228,796. 243,027.

51,881. 103,762. 228,796. 243,027.

43,430. 86,860. 130,290.

51,881. 60,332. 141,936. 112,737.

43,430. 43,430. 43,430. 43,430.

43,430. 43,430. 43,430. 43,430.

43,430. 43,430. 43,430. 43,430.

5190GB 700D 0178058

ATTACHMENT 1

PENALTY COMPUTATION DETAIL - FORM 2220

DATE PD UNDERPAYMENT BEG.DATE END DATE DAYS % PENALTY

QUARTER 1, RATE PERIOD 1 ( - )05/15/2014 05/15/2015

09/10/2014 16,699. 05/15/2014 09/10/2014 118 3 162.TOTAL TO FORM 2220, LINE 22, COLUMN A 162.

QUARTER 2, RATE PERIOD 1 ( - )06/15/2014 05/15/2015

09/10/2014 43,430. 06/15/2014 09/10/2014 87 3 311.TOTAL TO FORM 2220, LINE 22, COLUMN B 311.

TOTAL UNDERPAYMENT PENALTY 473.


Documents

INSTRUCTIONS FOR FILING COLBURN FOUNDATION FORM 8879 … · 2017-05-22 · Cumulative e-File History 2014 Federal Locator: 5190GB Taxpayer Name: Colburn Foundation Return Type: 990,