2016-05-05T14:31:38-05:00 2015-12-31 Foundation Source One Hollow Ln Ste 212 Lake Success NY 11042 990PF 2015-01-01 465059067 Meritage Cares Foundation % Foundation Source MERI 8008391754 Foundation Source 501 Silverside RD Wilmington DE 198091377 HILLA SFERRUZZA treasurer 8008391754 2016-04-22 true Jeffrey D Haskell P01345770 8008391754 2015 2016-09-27 15:27:22Z X X 272967 X 50000 58 58 8370 8370 6940 263783 6940 65368 15368 0 3054 3054 57 20101 91 20010 23212 3145 20010 176500 176500 199712 3145 196510 -134344 12223 46412 43112 43112 101589 54155 53273 194481 121838 116309 72339 61372 60273 414821 280477 272967 0 X 414821 280477 414821 280477 414821 280477 414821 -134344 280477 280477 Publicly-traded Securities 263783 256843 6940 6940 6940 false 88033 429995 0.20473 0 0 0.0 0 0 0.0 0 0 0.0 0 0 0.0 0.20473 0.20473 367768 75293 122 75415 196510 X 122 122 122 0 122 false false false false false false true true true AZ true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false Steven J Hilton Foundation Source 501 Silverside RD Wilmington DE 198091377 Pres / Dir 1.0 0 0 0 Hilla Sferruzza Foundation Source 501 Silverside RD Wilmington DE 198091377 Treas 1.0 0 0 0 C Timothy White Foundation Source 501 Silverside RD Wilmington DE 198091377 VP / Dir / Sec 1.0 0 0 0 312777 60592 0 373369 0 373369 5601 367768 18388 18388 122 122 18266 18266 18266 196510 0 0 0 0 196510 122 196388 18266 2013 2012 2011 70242 70242 196510 18266 178244 248486 0 248486 70242 178244 NONE X 100 CLUB OF ARIZONA 333 N 44TH ST STE 100 PHOENIX AZ 85008 N/A PC General & Unrestricted 2500 AMERICAN DIABETES ASSOCIATION INC PO BOX 1834 MERRIFIELD VA 22116 N/A PC General & Unrestricted 2500 ARIZONA FRIENDS OF FOSTER CHILDREN FOUNDATION 1645 E MISSOURI AVE STE 450 PHOENIX AZ 85016 N/A PC General & Unrestricted 3750 BOYS HOPE GIRLS HOPE 3443 N CENTRAL AVE STE 713 PHOENIX AZ 85012 N/A PC General & Unrestricted 2500 CAPITAL AREA FOOD BANK OF TEXAS INC 8201 S CONGRESS AVE AUSTIN TX 78745 N/A PC General & Unrestricted 2500 CARITAS OF AUSTIN 611 NECHES ST AUSTIN TX 78701 N/A PC General & Unrestricted 2500 CASA DE LOS NINOS INC 1101 N 4TH AVE TUCSON AZ 85705 N/A PC General & Unrestricted 5000 CHILDREN IN NEED OF HUGS 274 E SUNSET AVE PMB 201 SUISUN CITY CA 94585 N/A PC General & Unrestricted 2500 CHILDRENS HOME INC 10909 MEMORIAL HWY TAMPA FL 33615 N/A PC General & Unrestricted 5000 CHILDRENS MUSEUM INC 1500 BINZ ST HOUSTON TX 77004 N/A PC General & Unrestricted 3500 COLLEGE SUCCESS ARIZONA 4040 E CAMELBACK RD STE 220 PHOENIX AZ 85018 N/A PC Charitable Event 5000 COMMUNITIES IN SCHOOLS OF SAN ANTONIO 1616 E COMMERCE ST BLDG 1 SAN ANTONIO TX 78205 N/A PC Backpack Buddies/School Supply Drive Program 500 COMMUNITY FOOD BANK INC 3003 S COUNTRY CLUB RD TUCSON AZ 85713 N/A PC General & Unrestricted 5000 CROSS TRAIL OUTFITTERS INC 10814 WINTER CRK SAN ANTONIO TX 78254 N/A PC General & Unrestricted 2500 DENVER RESCUE MISSION 3501 E 46TH AVE DENVER CO 80216 N/A PC General & Unrestricted 2500 DIAKONOS INC PO BOX 5217 STATESVILLE NC 28687 N/A PC Fifth Street Ministries 1000 ELF LOUISE INC PO BOX 39107 SAN ANTONIO TX 78218 N/A PC General & Unrestricted 2500 FAMILY SERVICE ASSOCIATION 702 SAN PEDRO AVE SAN ANTONIO TX 78212 N/A PC Adopt a Family Christmas Event Program 2500 FATHER FLANAGANS BOYS HOME 975 OKLAHOMA ST OVIEDO FL 32765 N/A PC Boys Town Central Florida Program 5000 FRIENDS OF THE ISRAEL DEFENSE FORCES 1430 BROADWAY NEW YORK NY 10018 N/A PC IMPACT! Scholarship Fund 5000 FRISCO FAMILY SERVICES CENTER PO BOX 1387 FRISCO TX 75034 N/A PC Holiday Toy Drive Program 2500 GABRIELS ANGELS 727 E BETHANY HOME RD PHOENIX AZ 85014 N/A PC Charitable Event 3000 HABITAT FOR HUMANITY OF DURHAM INC 215 N CHURCH ST DURHAM NC 27701 N/A PC New Home Construction Program 5000 HICKORY RIDGE MIDDLE SCHOOL PTO 7336 RAGING RIDGE RD HARRISBURG NC 28075 N/A PC Exceptional Children Department 2000 JOHN C LINCOLN HEALTH FOUNDATION 2500 W UTOPIA RD STE 100 PHOENIX AZ 85027 N/A PC General & Unrestricted 5000 KITCHEN ON THE STREET INC 2650 E MOHAWK BLDG 3 STE 168 PHOENIX AZ 85050 N/A PC General & Unrestricted 1250 LIFEWORKS 3700 S 1ST ST AUSTIN TX 78704 N/A PC General & Unrestricted 2500 MIRACLE HILL MINISTRIES INC PO BOX 2546 GREENVILLE SC 29602 N/A PC General & Unrestricted 5000 MIRACLE HILL MINISTRIES INC PO BOX 2546 GREENVILLE SC 29602 N/A PC Shepard's Gate Capital Project for Playground 3000 NORTH TEXAS FOOD BANK 4500 S COCKRELL HILL RD DALLAS TX 75236 N/A PC Holiday Food Drive Program 2500 RONALD MCDONALD HOUSE CHARITIES OF CENTRAL TEXAS 1315 BARBARA JORDAN BLVD AUSTIN TX 78723 N/A PC General & Unrestricted 2500 RONALD MCDONALD HOUSE CHARITIES OF SAN ANTONIO TEX 4803 SID KATZ DR SAN ANTONIO TX 78229 N/A PC General & Unrestricted 2500 RONALD MCDONALD HOUSE CHARITIES OF TAMPA BAY INC BAY INC 28 COLUMBIA DR TAMPA FL 33606 N/A PC General & Unrestricted 4000 RONALD MCDONALD HOUSE OF CHARLOTTE INC 101 N TRYON ST STE 1900 CHARLOTTE NC 28246 N/A PC General & Unrestricted 1000 SAFEQUEST SOLANO 1049 UNION AVE FAIRFIELD CA 94533 N/A PC General & Unrestricted 2500 SAINT SPYRIDON GREEK ORTHODOX CHURCH 807 W 29TH ST LOVELAND CO 80538 N/A PC Charitable Event 2500 SAN ANTONIO FOOD BANK INC 5200 OLD HWY 90 W SAN ANTONIO TX 78227 N/A PC General & Unrestricted 2500 SAVE THE FAMILY FOUNDATION OF ARIZONA 125 E UNIVERSITY DR MESA AZ 85201 N/A PC General & Unrestricted 1250 SECOND HARVEST FOOD BANK OF METROLINA INC 500 SPRATT ST STE B CHARLOTTE NC 28206 N/A PC General & Unrestricted 1000 SHELTER PROVIDERS OF SACRAMENTO INC 1536 EUREKA RD ROSEVILLE CA 95661 N/A PC General & Unrestricted 5000 SILVER LINING RIDING PROGRAM 18330 N 79TH AVE APT 3116 GLENDALE AZ 85308 N/A PC General & Unrestricted 2500 SOJOURNER CENTER PO BOX 20156 PHOENIX AZ 85036 N/A PC General & Unrestricted 1250 SPECIAL OLYMPICS ARIZONA INC 2100 S 75TH AVE PHOENIX AZ 85043 N/A PC Charitable Event 2500 ST PETER-ST JOSEPH CHILDRENS HOME 919 MISSION RD SAN ANTONIO TX 78210 N/A PC Wish List Christmas Event Program 2500 STAND FOR CHILDREN LEADERSHIP CENTER 1732 NW QUIMBY ST STE 200 PORTLAND OR 97209 N/A PC Stand For Children Arizona Division 5000 SUPPORTING ADOPTION & FOSTER FAMILIES TOGETHER INC 608 VETERANS MEMORIAL BLVD CUMMING GA 30040 N/A PC General & Unrestricted 7500 TENNYSON CENTER FOR CHILDREN AT COLORADO CHRISTIAN 2950 TENNYSON ST DENVER CO 80212 N/A PC General & Unrestricted 2500 TEXAS LIFE WARRIORS 30335 LEGACY PINES DR SPRING TX 77386 N/A PC Transplant Games of America Program 2500 THE SALVATION ARMY 7361 AIRLINE HWY BATON ROUGE LA 70805 N/A PC Nashville, TN Area Command Project 5000 TRAVIS COUNTY DOMESTIC VIOLENCE AND SEXUAL ASSAULT PO BOX 19454 AUSTIN TX 78760 N/A PC Safe Place Division 2500 UNITED STATES CATHOLIC CONFERENCE 1115 MISSION RD SAN ANTONIO TX 78210 N/A PC Seton Home for Pregnant Women Program 2500 UNIVERSITY OF ARIZONA FOUNDATION 1111 N CHERRY AVE TUCSON AZ 85721 N/A PC Eller College of Management/Meritage Homes Real Estate Challenge 15000 WORKING WARDROBES FOR A NEW START 3030 PULLMAN ST STE A COSTA MESA CA 92626 N/A PC Luncheon Program 5000 176500 14 58 14 8370 18 6940 15368 15368 false false false false false false false false false false X X 1 Meritage Homes Corporation 8800 East Raintree Drive Scottsdale AZ 85260 50000 X ACTAVIS FUNDING SCS NOTE - 2.3 4034 4000 AIG BOND - 3.750% - 07/10/2025 4051 3964 AMERICAN EXPRESS - 2.250% - 08 4031 4001 APPLE INC - 1.000% - 05/03/201 3905 3968 COMCAST CORP NOTES - 5.150% - 3429 3352 CVS CAREMARK - 5.750% - 06/01/ 3402 3176 ENTERPRISE PRODUCTS - 0.034% - 1926 1809 GENERAL ELEC CAP CORP - 5.300% 3399 3383 GILEAD SCIENCES INC - 3.700% - 2034 2049 GOLDMAN SACHS GROUP INC - 1.46 4063 4018 HSBC HLDGS PLC SR GLBL NT - 4. 2105 2100 JP MORGAN CHASE & CO - 3.625% 3010 3044 MERRILL LYNCH MTN BE - 6.400% 3445 3221 RIO TINTO FIN USA PLC - 1.625% 4027 3943 TIME WARNER INC - 4.750% - 03/ 2219 2150 U S BANCORP - 1.950% - 11/15/2 4056 4024 VERIZON COMMUNICATIONS - 3.500 4124 3951 WELLS FARGO CO - 3.500% - 03/0 4112 4120 AARON'S INC 396 269 ADT LTD 477 462 AECOM TECHNOLOGY CORPORATION 365 330 AES CORP 294 297 AETNA INC 207 324 AGCO CP 432 363 AIA GROUP LTD 942 1133 ALLERGAN PLC 822 1250 ALLIANZ SE 957 1004 AMC NETWORKS INC 265 299 AMERICAN CAPITAL LTD 487 455 AMERIPRISE FINANCIAL INC 320 319 ANADARKO PETROLEUM CORP 2273 1215 ANHEUSER BUSCH COS INC 649 750 ANNALY MTG MGMT INC. 879 732 ARM HOLDINGS PLC 870 814 ARROW ELECTRONICS INC 537 488 ASCENA RETAIL GROUP, INC 1057 670 ASSURED GUARANTY LTD 675 740 AT&T, INC 269 275 ATLAS COPCO AB A SHS 527 440 AUTODESK, INC 724 914 AVNET INC 306 300 AXALTA COATING SYSTEMS LTD 578 560 BAIDU.COM - ADR 987 945 BANCO BILBAO ARG SA 568 337 BANCO ITAU HOLDING FINANCIERA 721 430 BANK NEW YORK MELLON CORP 314 330 BAYERISCHE MOTOREN WERKE 811 663 BB&T CP 335 340 BECTON DICKINSON & CO 567 770 BERKLEY W R CP 330 329 BEST BUY INC 492 426 BG GROUP PLC ADS 773 682 BOEING CO 269 289 BROADCOM CORPORATION 517 983 BUNGE LTD 700 615 CANADIAN NATL RAILWAY CO 638 615 CAPITAL ONE FINANCIAL CORP 317 289 CBS CORP CL B 722 801 CHESAPEAKE ENERGY CORPORATION 293 284 CHICOS FAS INC 573 373 CINCINNATI FINANCIAL CORP 324 355 CITRIX SYSTEMS INC 466 605 CIVEO CORPORATION 364 77 COLOPLAST AS ADR 159 186 COMCAST CORP 1712 1918 CONVERGYS CP 325 348 CORNING INC 466 402 CREE, INC 594 320 CSL LTD 537 651 CVS CAREMARK CORP 292 391 DARDEN RESTAURANTS INC 299 318 DASSAULT SYS SA SPN ADR 1043 1362 DBS GROUP HLDGS SPON ADR 481 420 DICE HOLDINGS, INC 401 495 DISCOVERY COMMUNICATIONS CL A 438 400 DOLBY LABORATORIES 395 303 DOMTAR LTD 364 296 DOW CHEMICAL PV 306 309 DST SYS INC. 479 570 E*TRADE FINANCIAL CORP 903 1245 EASTMAN CHEMICAL CO 444 338 ENDURANCE SPCLTY HLDGS LTD 731 896 ENPRO INDUSTRIES INC 705 658 ENSCO PLC 454 200 ENSTAR GROUP INC 678 750 ENTERGY CORP 377 342 EVEREST RE GROUP LTD 321 366 EXELON CORPORATION 338 278 EXPRESS SCRIPTS HOLDING CO 338 350 FANUC LIMITED UNSPONSORED 994 951 FIDELITY NATIONAL INFORMATION 637 727 FIFTH THIRD BANCORP 311 302 FIRST SOLAR INC 336 462 FIRSTMERIT CORPORATION 336 298 FLUOR CORP 1478 897 FOOT LOCKER INC N.Y. 414 586 FORD MOTOR COMPANY 312 296 FREEPORT-MCMORAN COPPER & GOLD 935 460 FRESENIUS MED CAR AG 446 544 FUCHS PETROLUB SE 403 408 GAMESTOP CORP 365 252 GENERAL MOTORS 321 340 GENTEX CORPORATION 724 752 GOODYEAR TIRE & RUBBER COMPANY 352 359 GRIFOLS SA REP 1/2 CL B 312 292 HANOVER INS GROUP 368 407 HARRIS CORP DEL 320 348 HARTFORD FINANCIALSERVICES GRO 327 304 HERTZ GLOBAL HOLDINGS INC 901 583 HESS CORP 350 242 HOLLYFRONTIER CORP 305 239 HUNTINGTON BANCSHARES INC 319 321 ICICI BK LTD ADS 643 572 II VI INC 383 483 IMMUNOGEN, INC 347 353 IMPERIAL OIL LMT 430 293 INGRAM MICRO INC - CL A 323 365 INGREDION INC 325 383 INTEL CORP 308 345 INTERPUBLIC GROUP OF COS 657 838 IONIS PHARMACEUTICALS INC 127 310 JACOBS ENGINEERNG GP 974 965 JETBLUE AIRWAYS CORP 149 272 JGC CORP ADR 734 336 JP MORGAN CHASE 401 396 JUNIPER NETWORKS 327 386 KNOWLES CORPORATION 1065 520 KOHLS CORP 659 476 KONE OYJ ADR B SHS 462 420 L'AIR LIQUIDE ADR OTC 934 830 L'OREAL ADR 778 776 L-3 COMMUNICATIONS CORP 1058 1076 LABORATORY CORP AMER HLDGS 1050 1236 LEUCADIA NATL CORP 1832 1373 LIBERTY BROADBAND CORP (LBRDA) 44 52 LIBERTY BROADBAND CORP (LBRDK) 86 104 LIBERTY INTERACTIVE CORPORATIO 603 656 LIBERTY MEDIA CORPORATION 252 305 LIBERTY MEDIA CORPORATION 132 157 LIBERTY VENTURES 93 135 LINCOLN NATIONAL CORP 1092 1106 LINDE AG SPONSORED ADR 341 260 LVMH MOET HENN UNSP 394 315 LYONDELLBASELL INDUSTRIES NV 356 348 MACY'S INC 461 280 MANPOWER GROUP INC 344 337 MARATHON PETROLEUM CORP 272 311 MARKEL CORP 616 883 MEDTRONIC PLC 462 462 MEREDITH CORP 284 260 MICROSTRATEGY INCORPORATED 333 538 MITSUBISHI ESTATE CO ADR 361 332 MONOTARO CO., LTD 147 361 MORGAN STANLEY 340 318 MTN GROUP LTD SPON ADR 586 237 NASDAQ OMX GROUP 255 407 NASPERS LTD N SPONS ADR 411 409 NATL OILWELL VARCO 1186 536 NCR CP 740 563 NESTLE S.A 1140 1116 NEWS CORP LTD ADR 1086 1005 NOBLE CORPORATION 709 580 NORTHROP GRUMMAN CORP 244 378 NOVO NORDISK A S 498 639 NOW INC 528 285 NUANCE COMMUNICATIONS, INC 288 358 NUCOR CP 1157 887 OMNICOM GROUP 1310 1437 ORBIAL ATK, INC 327 447 PACWEST BANCORP 324 302 PENTAIR INC. 677 446 PHILLIPS 66 311 327 PITNEY BOWES INC 305 310 PNC FINANCIAL GROUP INC 339 381 PROGRESSIVE CORP OHIO 312 350 BIOGEN INC 1787 1837 PUBLIC SVC ENTERPRISE GROUP IN 342 310 PVH CORP 348 221 RAYONIER ADVANCED MATERIALS IN 638 176 RAYTHEON CO 301 374 REINSURANCE GROUP AMER INC 313 342 RELIANCE STL & ALMN 395 347 ROCHE HOLDING LTD ADR 1141 1103 ROWAN CO PLC 294 288 RYMAN HOSPITALITY PROPERTIES 742 826 SANDISK CORP 882 912 SANDS CHINA LTD UNSP ADR 809 408 SAP AKTIENGESELL ADS 950 949 SASOL LTD 484 295 SCHLUMBERGER LTD 942 698 SEAGATE TECHNOLOGY 1749 1282 SONOCO PRODUCTS COMPANY 501 490 SONOVA HOLDING AG AD 400 354 SOUTHWESTERN ENERGY 169 220 STARZ 159 168 STEEL DYNAMICS INC 322 268 SUNTRUST BKS INC 429 471 SVENSKA HANDELSBK UNS ADR 362 290 SYMANTEC CORP 434 441 SYMRISE AG UNSPONSORED 341 412 SYNOVUS FINL CP 310 389 SYSMEX CORP UNSP ASDR 450 937 T. ROWE PRICE ASSOCIATES 837 786 TAIWAN SEMICONDUCTOR MFG CO LT 1077 1206 TARGET CORPORATION 313 290 TE CONNECTIVITY LTD 1089 1163 TEGNA 310 281 TESORO CORP 224 211 TETRA TECH INC 608 651 THOR INDS INC 290 281 TORCHMARK CORP 343 343 TRAVELERS COMPANIES INC 394 451 TURKIYE GARANTI BANK 431 286 TWITTER INC 607 555 TYCO INTERNATIONAL LTD 1104 829 UNICHARM CORP - SPN ADR 659 730 UNILEVER PLC AMER 533 517 UNITEDHEALTH GROUP INC 1357 2117 UNIVERSAL HLTH SVC B 231 358 UNUM CORP 339 333 VALERO ENERGY CORP 244 354 VERIZON COMMUNICATIONS 348 324 VERTEX PHARMCTLS INC 333 629 VIACOM INC. CL B 590 288 WAL-MART STORES INC 298 307 WEATHERFORD INTL 2616 1217 WELLS FARGO & CO 495 544 WESTERN DIGITAL CORP 590 540 WESTERN UNION CO 488 555 WHIRLPOOL CORP 348 294 WILLIS GROUP HOLDINGS LTD 1113 1262 WPP GROUP PLC 961 1033 XEROX CP 444 393 ZIMMER BIOMET HOLDINGS 983 1026 54155 53273 This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2015, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $176,500. This amount represents over 25% of the Foundation's net assets of $421,506 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2015. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein. Administrative Fees 20000 20000 Bank Charges 91 91 State or Local Filing Fees 10 10 Investment Management Services 3054 3054 990-PF Excise Tax for 2014 57