KEMPER & ETHEL MARLEY FOUNDATION: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: KEMPER & ETHEL MARLEY FOUNDATION (EIN 86-0653091)
Tax period: 2013-01-01 to 2013-12-31
Filed: 2014-11-13
IRS object ID: 201423179349100997
Schema version: 2013v3.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Accounting Fees Schedule
Contractor Compensation Expln
Gain Loss Sale Other Assets Sch
General Explanation Attachment
Investments Land Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2014-11-13T20:38:23-08:00	ReturnTs
Tax Period End	2013-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Marley Management Company	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2001 E Colter	AddressLine1
City	Phoenix	City
State	AZ	State
ZIP Code	85016	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2013-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	860653091	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	The Kemper & Ethel Marley Fdn	BusinessNameLine1

Field	Value	IRS element (for citing)
Business Name Control	KEMP	BusinessNameControlTxt
Phone	6022696081	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 10392	AddressLine1
City	Phoenix	City
State	AZ	State
ZIP Code	85064	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Nancy Elitharp Ball	PersonNm
Person Title	Treasurer	PersonTitleTxt
Signature	2014-11-13	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Nancy E Ball	PreparerPersonNm
PTIN	P01598658	PTIN
Phone	6022696081	PhoneNum

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2015-12-30 17:16:21Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$250,877,986	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$404,521	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$404,521	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$404,521	InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss	$2,757,085	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$2,705,760	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$2,705,760	DividendsAdjNetIncmAmt
Gross Rents Rev And Expnss	$157,095	GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm	$157,095	GrossRentsNetInvstIncmAmt
Gross Rents Adj Net Incm	$157,095	GrossRentsAdjNetIncmAmt
Net Rental Income Or Loss	$157,095	NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss	$43,801,370	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$121,571,665	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$35,866,693	CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm	$8,215,182	NetSTCapitalGainAdjNetIncmAmt
Other Income Rev And Expnss	-$341,982	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$243,803	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$46,778,089	TotalRevAndExpnssAmt
Total Net Invst Incm	$39,377,872	TotalNetInvstIncmAmt
Total Adj Net Incm	$11,482,558	TotalAdjNetIncmAmt
Legal Fees Rev And Expnss	$25,509	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$20,881	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$20,881	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$4,324	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$347,005	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$268,882	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$268,882	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$71,777	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$1,928,309	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$1,710,956	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$1,710,956	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$211,981	OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss	$2,910	InterestRevAndExpnssAmt
Interest Net Invst Incm	$1,455	InterestNetInvstIncmAmt
Interest Adj Net Incm	$1,455	InterestAdjNetIncmAmt
Interest Dsbrs Chrtbl	$1,455	InterestDsbrsChrtblAmt
Taxes Rev And Expnss	$618,586	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$495,147	TaxesNetInvstIncmAmt
Taxes Adj Net Incm	$495,147	TaxesAdjNetIncmAmt
Trav Conf Meeting Rev And Expnss	$10,510	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$3,792	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Adj Net Incm	$3,792	TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$6,718	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$470,035	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$455,832	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$455,832	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$11,021	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$3,402,864	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$2,956,945	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$2,956,945	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$307,276	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$14,294,862	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$14,294,862	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$17,697,726	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$2,956,945	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$2,956,945	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$14,602,138	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$29,080,363	ExcessRevenueOverExpensesAmt
Net Investment Income	$36,420,927	NetInvestmentIncomeAmt
Adjusted Net Income	$8,525,613	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$2,585,495	CashBOYAmt
Cash EOY	$734,238	CashEOYAmt
Cash EOYFMV	$734,238	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$1,006,149	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$10,572,828	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$10,572,828	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl	$23,855	AcctRcvblAmt
Acct Rcvbl BOY	$28,415	AcctRcvblBOYAmt
Acct Rcvbl EOY	$23,855	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$23,855	AcctRcvblEOYFMVAmt
Other Nts And Loans Rcvbl	$4,372,098	OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY	$929,341	OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY	$4,372,098	OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV	$11,889,320	OtherNtsAndLoansRcvblEOYFMVAmt
US Government Obligations BOY	$172,066	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$173,841	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$172,741	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$112,292,088	CorporateStockBOYAmt
Corporate Stock EOY	$119,161,647	CorporateStockEOYAmt
Corporate Stock EOYFMV	$154,601,507	CorporateStockEOYFMVAmt
Invst Land Cost Or Other Basis	$3,720,609	InvstLandCostOrOtherBasisAmt
Land Bldg Investments BOY	$3,620,889	LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY	$3,720,609	LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV	$33,348,176	LandBldgInvestmentsEOYFMVAmt
Other Investments BOY	$28,100,781	OtherInvestmentsBOYAmt
Other Investments EOY	$42,693,949	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$39,385,997	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$4,102,842	OtherAssetsBOYAmt
Other Assets EOY	$149,324	OtherAssetsEOYAmt
Other Assets EOYFMV	$149,324	OtherAssetsEOYFMVAmt
Total Assets BOY	$152,838,066	TotalAssetsBOYAmt
Total Assets EOY	$181,602,389	TotalAssetsEOYAmt
Total Assets EOYFMV	$250,877,986	TotalAssetsEOYFMVAmt
Accounts Payable EOY	$1,396	AccountsPayableEOYAmt
Grants Payable BOY	$5,299,050	GrantsPayableBOYAmt
Grants Payable EOY	$14,006,412	GrantsPayableEOYAmt
Deferred Revenue BOY	$849,598	DeferredRevenueBOYAmt
Deferred Revenue EOY	$844,439	DeferredRevenueEOYAmt
Other Liabilities EOY	$3	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$6,148,648	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$14,852,250	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Capital Stock BOY	$142,403,774	CapitalStockBOYAmt
Capital Stock EOY	$142,091,495	CapitalStockEOYAmt
Retained Earning BOY	$4,285,644	RetainedEarningBOYAmt
Retained Earning EOY	$24,658,644	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$146,689,418	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$166,750,139	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$152,838,066	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$181,602,389	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$146,689,418	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$29,080,363	ExcessRevenueOverExpensesAmt
Subtotal	$175,769,781	SubtotalAmt
Other Decreases	$9,019,642	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$166,750,139	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Field	Value	IRS element (for citing)
Capital Gain Net Income	$35,866,693	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	$8,215,182	NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$10,504,601	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$212,021,257	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.04955	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$8,787,333	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$220,838,711	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.03979	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$7,062,947	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$220,552,822	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.03202	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$7,435,040	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$210,538,757	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.03531	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$13,024,265	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$150,427,622	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.08658	DistributionYr5Rt
Total Distribution	0.24326	TotalDistributionRt
Average Distribution	0.04865	AverageDistributionRt
Net Vl Noncharitable Assets	$232,904,014	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$11,331,013	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$364,209	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$11,695,222	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$14,602,138	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$364,209	InvestmentIncomeExciseTaxAmt
Subtotal	$364,209	SubtotalAmt
Tax Based On Investment Income	$364,209	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$346,963	EstimatedPlusOvpmtIncmTxAmt
Applied To Es Tax	$250,000	AppliedToEsTaxAmt
Total Payments And Credits	$596,963	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$150	EsPenaltyAmt
Overpayment	$232,604	OverpaymentAmt
Applied To ES Tax	$232,604	AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	AZ	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	The Kemper&Ethel Marley Fdn	BusinessNameLine1

Field	Value	IRS element (for citing)
Phone	6022696081	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 10392	AddressLine1
City	Phoenix	City
State	AZ	State
ZIP Code	85064	ZIPCode

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (true)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Undistr Incm Sect4942a2 Not App	false	UndistrIncmSect4942a2NotAppInd
Business Holdings	false	BusinessHoldingsInd
Excess Business Holdings	false	ExcessBusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc	false	TransactionsFailToQlfyAsExcInd
Maintained Expenditure Rspns	false	MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Proceeds Or Net Income	false	ProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
Nancy Elitharp Ball-See Note
PO Box 10392	Phoenix	AZ	85064	Treasurer&VP	20.00	$0
Stephen M Corrigan-See Note
PO Box 10392	Phoenix	AZ	85064	President	10.00	$0
Dan Corrigan-See Note
PO Box 10392	Phoenix	AZ	85064	VP	10.00	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	Service TypeServiceTypeTxt	CompensationCompensationAmt
Times Square Capital Mgt Inc
Four TImes Square 25th Floor	New York	NY	10036	Money Manager	$328,658
Robeco-Boston Partners
350 S Grand Avenue Suite 1150	Los Angeles	CA	90071	Money Manager	$211,096
Sterling Capital Management LLC
500 Airport BlSuite 100	Burlingame	CA	94010	Money Manager	$293,450
Goldman Sachs
32 Old Slip - 32nd Floor	New York	NY	10005	Money Manager	$177,700
Marley Management Company
PO Box 10392	Phoenix	AZ	85064	Invest;Acctg;Grants	$1,076,073

Field	Value	IRS element (for citing)
Contractor Paid Over50k	3	ContractorPaidOver50kCnt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$135,831,968	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$18,730,483	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$81,888,325	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$236,450,776	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$236,450,776	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$3,546,762	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$232,904,014	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$11,645,201	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$11,645,201	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$364,209	TaxBasedOnInvestmentIncomeAmt
Total Tax	$364,209	TotalTaxAmt
Distributable Before Adj	$11,280,992	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$3,953,517	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$15,234,509	DistributableBeforeDedAmt
Distributable As Adjusted	$15,234,509	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$14,602,138	ExpensesAndContributionsAmt
Qualifying Distributions	$14,602,138	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$364,209	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$14,237,929	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$15,234,509	DistributableAsAdjustedAmt
Undistributed Income PY	$10,405,262	UndistributedIncomePYAmt
Qualifying Distributions	$14,602,138	QualifyingDistributionsAmt
Applied To Year1	$10,405,262	AppliedToYear1Amt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$4,196,876	AppliedToCurrentYearAmt
Undistributed Income CY	$11,037,633	UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	See Attached Statement	BusinessNameLine1

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	For Detail of Total Grants	AddressLine1
City	Various Cities	City
State	AZ	State
ZIP Code	85064	ZIPCode

Field	Value	IRS element (for citing)
Recipient Relationship	Various	RecipientRelationshipTxt
Recipient Foundation Status	Various	RecipientFoundationStatusTxt
Grant Or Contribution Purpose	Various	GrantOrContributionPurposeTxt
Amt	$14,294,862	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$14,294,862	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (22 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
Arizona State Railroad Museum Found
204 W Railroad Ave	Willaims	AZ	86046	None	N/A	Capital	$400,000
Central Arizona College Foundation
8740 N Overfield Road	Coolidge	AZ	85228	None	N/A	Capital	$50,000
Southwest Autism Research Resource
300 N 18th St	Phoenix	AZ	85006	None	N/A	Operating	$150,000
West Valley Fine Arts Council
PO Box 754	Litchfield Park	AZ	85323	None	N/A	Operating	$93,250
Adult Care Services Inc
844 Sunset Ave	Prescott	AZ	86305	None	N/A	Operating	$136,000
Banner Alzheimer's Foundation
901 E Willetta St	Phoenix	AZ	85006	None	N/A	Endowment	$1,600,000
Banner Alzheimer's Foundation
901 E Willetta St	Phoenix	AZ	85006	None	N/A	Operating	$800,000
Desert Botanical Garden
1201 N Galvin Pkway	Phoenix	AZ	85008	None	N/A	Capital	$750,000
Great Hearts Academies
3102 N 56th St 300	Phoenix	AZ	85018	None	N/A	Capital	$316,667
Great Hearts Academies
3102 N 56th St 300	Phoenix	AZ	85018	None	N/A	Operating	$150,000
Native American Connections Inc
4520 N Central Ave 600	Phoenix	AZ	85012	None	N/A	Operating	$166,667
Phoenix Children's Hospital Foundat
1919 E Thomas Road	Phoenix	AZ	85016	None	N/A	Capital	$5,500,000
Prescott YMCA of Yavapai County
750 Whipple St	Prescott	AZ	86301	None	N/A	Capital	$170,495
Ronald McDonald House Charities of
501 E Roanoke Ave	Phoenix	AZ	85004	None	N/A	Capital	$125,000
STAR-Stand Together and Recovery Ce
3003 N Central Ave 675	Phoenix	AZ	85012	None	N/A	Capital	$450,000
Save The Family Foundation of Arizo
450 W 4th Place	Mesa	AZ	85201	None	N/A	Operating	$50,000
Science Foundation Arizona
400 E Van Buren St 200	Phoenix	AZ	85004	None	N/A	Capital	$375,000
A Stepping Stone Foundation
PO Box 87149	Phoenix	AZ	85080	None	N/A	Operating	$183,334
Valley of the Sun Young Men's Chris
350 N 1st Ave	Phoenix	AZ	85003	None	N/A	Operating	$300,000
Wickenburg Community Hospital
520 Rose Lane	Wickenburg	AZ	85390	None	N/A	Operating	$2,000,000
YWCA Maricopa County
755 E Willetta St	Phoenix	AZ	85006	None	N/A	Operating	$200,000
Marine Corps Scholarship Foundation
4715 N 32nd St 104	Phoenix	AZ	85018	None	N/A	Operating	$40,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$14,006,413	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$404,521	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$2,705,760	ExclusionAmt
Related Or Exempt Function Incm	$51,325	RelatedOrExemptFunctionIncmAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

Field	Value	IRS element (for citing)
Exclusion	16	ExclusionCd
Exclusion	$157,095	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Business	531120	BusinessCd
Unrelated Business Taxbl Incm	$7,934,677	UnrelatedBusinessTaxblIncmAmt
Exclusion	41	ExclusionCd
Exclusion	$35,866,693	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (17 entries)

DescDesc	BusinessBusinessCd	Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt	ExclusionExclusionCd	ExclusionExclusionAmt
DMB Market Street	531120	$11,214
EMOGT DCPV Hldgs-To 990T	531390	-$12,474
GHA PRI Loan Interest			14	$124,725
KEMF ExciseTaxRefund			1
KEMFCD-CnynVillage-To990T	531120	-$225,629
KEMFDC-Res&SLGolf-990T	531120	-$320,764
KEMFMC-AZLandDeptReimb			16
KEMF-Ranch-To990T	111000	-$38,132
KEMQWF-OrigFee			14
KEMVRI-Ventanna			14	$50,000
Other Income-Mandrian			14	$790
OtherInc-Goldman			14
OtherInc-JPM Bond			14
OtherInc-Sterling			14
OtherInc-TimesSquare			14
Putnam-Other PortfolioInc			14	-$58,908
Putnam-OtherTaxExmtK1Inc			14	$127,196

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$7,348,892	UnrelatedBusinessTaxblIncmAmt
Exclusion	$39,377,872	ExclusionAmt
Related Or Exempt Function Incm	$51,325	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$46,778,089	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Marley Management-990T	$6,346	$0	$0	$0
Marley Management-Direct&SMLLCs	$340,659	$268,882	$268,882	$71,777

Contractor Compensation Expln ContractorCompensationExpln

Contractor Comp Expln ContractorCompExplnGrp (5 entries)

ExplanationExplanationTxt
Goldman Sachs

Marley Management Company
Real Estate Management and Acquisition; Accounting and Tax planning and preparation; Grant Managmeent.
Robeco-Boston Partners

Sterling Capital Management LLC

Times Square Capital Mgt Inc

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (20 entries)

AssetAssetDesc	AcquiredAcquiredDt	How AcquiredHowAcquiredTxt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	BasisBasisAmt	Basis MethodBasisMethodTxt	Total NetTotalNetAmt
Various Robeco-Boston-ST-Covered	2013-07	Purchase	2013-12	$8,665,321	$7,758,369	Cost	$906,952
Various Robeco-Boston-LT-Covered	2012-01	Purchase	2013-12	$8,288,290	$6,118,985	Cost	$2,169,305
Various Robeco-Boston-LT-NonCovered	2012-01	Purchase	2013-12	$5,757,652	$3,499,948	Cost	$2,257,704
Various Goldman-ST-Covered	2013-07	Purchase	2013-12	$5,674,501	$4,836,754	Cost	$837,747
Various Goldman-LT-Covered	2012-01	Purchase	2013-12	$4,969,535	$3,710,921	Cost	$1,258,614
Various Goldman-LT-NonCovered	2012-01	Purchase	2013-12	$6,271,525	$3,443,660	Cost	$2,827,865
Various Times Square-ST-Covered	2013-07	Purchase	2013-12	$16,143,646	$14,420,406	Cost	$1,723,240
Various Times Square-LT-Covered	2012-01	Purchase	2013-12	$7,704,389	$5,741,261	Cost	$1,963,128
Various Times Square-LT-Non Covered	2012-01	Purchase	2013-12	$10,488,756	$5,029,719	Cost	$5,459,037
Various Sterling-ST-Covered	2013-07	Purchase	2013-12	$12,107,239	$10,159,859	Cost	$1,947,380
Various Sterling-LT-Covered	2012-01	Purchase	2013-12	$8,531,256	$6,857,174	Cost	$1,674,082
Various Sterling-LT-Non Covered	2012-01	Purchase	2013-12	$7,890,756	$6,193,226	Cost	$1,697,530
Various Boston-Fixed-EMOGT	2013-07	Purchase	2013-12		$13	Cost	-$13
Various Boston-Equity-EMOGT	2012-01	Purchase	2013-12	$81		Cost	$81
Various Putnam K-1-Long Term	2012-01	Purchase	2013-12	$4,088,371		Cost	$4,088,371
Various Putnam K-1-Short Term	2013-07	Purchase	2013-12	$2,799,751		Cost	$2,799,751
Various Sale of Putnam LLC Interest	2012-01	Purchase	2013-12	$3,953,671		Cost	$3,953,671
Various JPM Bond Fund	2013-07	Purchase	2013-12	$125		Cost	$125
KEMFIL-LTCG-Marley Park	2012-01	Purchase	2013-12	$296,582		Cost	$296,582
KEMFMCC-LTCG-Marley Cattle-Freeport	2012-01	Purchase	2013-12	$5,541		Cost	$5,541

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	Medium ExplanationMediumExplanationTxt
General Explanation Supplemental Information for Form 990-PF	The information reported here for Form 990PF;Page 6; Part VIII-1 is also included in the information provided on Form 990PF; Page7; Part VIII-3 for Marley Management Company.Officer Compensation Contribs.To Benefit Plans Expense accountNancy Elitharp Ball $112,304 $19,363 $447 Stephen M. Corrigan $ 45,024 $11,256 $0Dan Corrigan $ 31,517 $ 7,879 $0
General Explanation Supplemental Information for Form 990-PF	Form 990-T AttachmentSchedule of Loss Carryforwards Taxable Year UBIT Loss Carried Forward 2007 (38,805) 2008 (263,882) 2009 (1,837,371) 2010 (1,096,052) 2011 (1,542,722) 2012 (1,117,167) Total (5,895,999)
General Explanation Supplemental Information for Form 990-PF	The Kemper and Ethel Marley FoundationForm 990-PF-Part II-Balance SheetsLine 7-Other notes and loans receivable schedule Beg.Yr. End of Yr. End of Yr Tax Tax FMVMarley Park Deed of Trust 0 0 $7,647,212Marley Cattle-Freeport Note $929,341 $923,280 923,280KEMF Quailwood Note 3,448,818 3,318,828Total for Line 7 $929,341 $4,372,098 $11,889,320
General Explanation Supplemental Information for Form 990-PF	Marley Fdn Beg of Yr(a) End of Yr(b) End of Yr(c)Pg.2;PartII;Ln.13-Other Inv. Book Value Book Value FMVKEMDMI LLC-Dominion Creek $2,245,728 $2,315,178 $1,991,789KEMMRI LLC-McCartney 4,707,993 4,749,604 3,950,442KEMVRI-Ventanna 4,139,256 4,223,098 3,173,435KEMTIL-Tuscano 3,333,928 3,420,627 3,117,153KEMNCI-Next Cycle 528,428 519,508 602,696KEMHIL-Hastings 720,038 724,672 895,000KEMHRI-Hawes&Riggs 1,440,758 1,559,152 1,627,665KEM40I-40thSt & Chandler 1,160,811 1,223,621 1,903,651KEMQWF-Quailwood 2,521,454KEM83O-83rd & Olive 728,427 707,107 770,000KEM95G-95th & Glendale 1,705,215 1,820,634 1,669,065KEM20I-ACP 20th Dr. 1,346,937 1,348,844 1,490,000KEMALI-Alameda Park 1,708,348 1,716,124 1,675,000 DMB Market Street LLC -3,447,191 248,658 248,658KEMFCD-Canyon Village 2,856,881 2,973,977 152,111KEMFDCL-DC Ranch Residential&Golf 2,032,516 1,711,800 3,052,550KEMFMCC-Marley Cattle Ranch 329,953 308,398 655,118 EMOGTDCPV-Golf Casitas&ark Villas 41,301 25,726 25,726KF303I-303 & Glendale 0 2,731,477 2,731,477KFWP23-Westpark 0 8,807,187 7,622,768KFMIIN-MI Bldgs-Avndle,Cmlbck,Scts 0 1,558,557 2,031,693Total Other Investments-Line 13 $28,100,781 $42,693,949 $39,385,997
General Explanation Supplemental Information for Form 990-PF	Marley FdnPg.2;Part II;Line 10a-Investments-US and State Government Obligations Beg of Yr(a) End of Yr(b) End of Yr(c) Book Value Book Value FMVJPM Short Duration Bond Fd-Sel $172,066 $173,841 $172,741

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp

Field	Value	IRS element (for citing)
Category Or Item	Land	CategoryOrItemTxt
Cost Or Other Basis	$3,720,609	CostOrOtherBasisAmt
Book Value	$3,720,609	BookValueAmt
EOYFMV	$33,348,176	EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp (4 entries)

CategoryCategoryTxt	Legal FeesLegalFeesAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Fennemore Craig-990T	$304	$0	$0	$0
Fennemore Craig-General	$10,443	$6,119	$6,119	$4,324
Fennemore Craig-Market St	$1,820	$1,820	$1,820	$0
Fennemore Craig-SMLLCs	$12,942	$12,942	$12,942	$0

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDesc	EOYFMVEOYFMVAmt	EOY Book ValueEOYBookValueAmt
Furniture, Bronzes, Art	$149,324
Other Assets-Furniture,Bronze,Fine Art		$149,324

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (2 entries)

DescriptionDescription	AmountAmount
Decrease in Original Basis of DMB Mrkt.St.	$312,280
Increase in Future Grant Commitments	$8,707,362

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Bank Charges	$1,197	$143	$143	$1,054
Computer Supplies	$7,058			$7,058
Dues, Subs, Pubs	$4,116	$2,000	$2,000	$2,116
Environmental Engineering	$3,600	$3,600	$3,600
Insurance-Property & Umbrella	$10,516	$10,015	$10,015	$501
License&Permits	$48	$25	$25	$23
Lincoln House Expenses	$24,701	$24,701	$24,701
LLC Portfolio Expenses	$152,921	$152,921	$152,921
Money Mgr. Invest.Exp.&Misc.	$199,330	$196,148	$196,148
Office Supplies	$538	$269	$269	$269
Ranching Grazing Fee	$21,945	$21,945	$21,945
Rental Property Expenses	$44,065	$44,065	$44,065

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (10 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
DMB Market Street	$11,214
EMOGT DCPV Hldgs-To 990T	-$12,474
GHA PRI Loan Interest	$124,725	$124,725
KEMFCD-CnynVillage-To990T	-$225,629
KEMFDC-Res&SLGolf-990T	-$320,764
KEMF-Ranch-To990T	-$38,132
KEMVRI-Ventanna	$50,000	$50,000
Other Income-Mandrian	$790	$790
Putnam-Other PortfolioInc	-$58,908	-$58,908
Putnam-OtherTaxExmtK1Inc	$127,196	$127,196

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	Rounding	Desc
EOY Book Value	$3	EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (13 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Callan-Consultant	$42,167	$42,167	$42,167	$0
Everest Hldg-RE Consultant	$14,509	$14,509	$14,509	$0
Everest Hldg-RE Consultant-SMLLCs	$10,417	$10,417	$10,417	$0
JPM-Custodian Fees	$165,538	$165,538	$165,538	$0
MicroEdge Gifts-Maint & Support	$1,661	$0	$0	$1,661
MMC-RE Mgt;Acctg;Grant Mgt.	$432,643	$222,323	$222,323	$210,320
MMC-RE Mgt;Acctg-990T	$5,372	$0	$0	$0
Money Manager-Boston	$211,096	$211,096	$211,096	$0
Money Manager-Goldman Sachs	$177,700	$177,700	$177,700	$0
Money Manager-Mondrian	$82,950	$82,950	$82,950	$0
Money Manager-Putnam	$162,148	$162,148	$162,148	$0
Money Manager-Sterling	$293,450	$293,450	$293,450	$0
Money Manager-Time Square	$328,658	$328,658	$328,658	$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (4 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
Excise Taxes	$115,000
Foreign Taxes Withheld on Dividends	$108,187	$108,187	$108,187
Property Taxes-Real Estate	$386,960	$386,960	$386,960
Property Taxes-Real Estate-990T	$8,439