﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2012v2.0" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-07-15T10:23:31-07:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>JAMES O LINNEMANN CPA</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>PO BOX 16664I</AddressLine1>
        <City>IRVING</City>
        <State>TX</State>
        <ZIPCode>75016</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2012-01-27</TaxPeriodBeginDate>
    <Filer>
      <EIN>274454541</EIN>
      <Name>
        <BusinessNameLine1>THE BELT FOUNDATION INC</BusinessNameLine1>
      </Name>
      <NameControl>BELT</NameControl>
      <Phone>9186899595</Phone>
      <USAddress>
        <AddressLine1>111 S MAIN STREET</AddressLine1>
        <City>EUFAULA</City>
        <State>OK</State>
        <ZIPCode>74432</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>MARK DOBBS</Name>
      <Title>TRUSTEE</Title>
      <Phone>9186899595</Phone>
      <DateSigned>2013-05-07</DateSigned>
    </Officer>
    <Preparer>
      <Name>JAMES LINNEMANN</Name>
      <Phone>3256687226</Phone>
      <DatePrepared>2013-07-15</DatePrepared>
      <SelfEmployed>X</SelfEmployed>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="4">
    <IRS990EZ documentId="00000001" referenceDocumentName="IRS990ScheduleO ReasonableCauseExplanation TransfersPersonalBenefitsContractsDeclaration">
      <InitialReturn>X</InitialReturn>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <WebSite>N/A</WebSite>
      <Organization501c3 referenceDocumentId="00000002" referenceDocumentName="IRS990ScheduleA">X</Organization501c3>
      <GrossReceipts>127100</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ContributionsGiftsGrantsEtc>127100</ContributionsGiftsGrantsEtc>
      <ProgramServiceRevenue>0</ProgramServiceRevenue>
      <MembershipDues>0</MembershipDues>
      <InvestmentIncome>0</InvestmentIncome>
      <CostOtherBasisAndSalesExpenses>0</CostOtherBasisAndSalesExpenses>
      <GainOrLossFromSaleOfAssets>0</GainOrLossFromSaleOfAssets>
      <GamingGrossIncome>0</GamingGrossIncome>
      <FundraisingGrossIncome>0</FundraisingGrossIncome>
      <SpecialEventsDirectExpenses>0</SpecialEventsDirectExpenses>
      <SpecialEventsNetIncomeLoss>0</SpecialEventsNetIncomeLoss>
      <CostOfGoodsSold>0</CostOfGoodsSold>
      <GroProfitLossSalesOfInventory>0</GroProfitLossSalesOfInventory>
      <TotalRevenue>127100</TotalRevenue>
      <GrantsAndSimilarAmountsPaid>89113</GrantsAndSimilarAmountsPaid>
      <OccupancyRentUtilitiesAndMaint>162</OccupancyRentUtilitiesAndMaint>
      <TotalExpenses>89275</TotalExpenses>
      <ExcessOrDeficitForYear>37825</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesEOY>37825</NetAssetsOrFundBalancesEOY>
      <CashSavingsAndInvestments>
        <EOY>4825</EOY>
      </CashSavingsAndInvestments>
      <LandAndBuildings>
        <EOY>33000</EOY>
      </LandAndBuildings>
      <TotalAssets>
        <BOY>0</BOY>
        <EOY>37825</EOY>
      </TotalAssets>
      <NetAssetsOrFundBalances>
        <BOY>0</BOY>
        <EOY>37825</EOY>
      </NetAssetsOrFundBalances>
      <PrimaryExemptPurpose>Provide funding &amp; support to local schools, churches &amp; Municipalities</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>Provided funds, arranged construction financing, supervised construction, and arranged for lease purchase from funding bank for new athletic field house for Eufaula High School</DescriptionProgramServiceAccom>
        <ProgramServiceExpenses>540956</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>NONE</DescriptionProgramServiceAccom>
      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>NONE</DescriptionProgramServiceAccom>
      </ProgramServiceAccomplishment>
      <TotalProgramServiceExpenses>540956</TotalProgramServiceExpenses>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>GARY MOORES</PersonName>
        <Title>Trustee, President</Title>
        <AvgHoursPerWkDevotedToPosition>5.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>MARK DOBBS</PersonName>
        <Title>Trustee, Vice President</Title>
        <AvgHoursPerWkDevotedToPosition>5.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>RANDY PETERSON</PersonName>
        <Title>Trustee, Treasurer</Title>
        <AvgHoursPerWkDevotedToPosition>5.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>KATHY MOORES</PersonName>
        <Title>Secretary</Title>
        <AvgHoursPerWkDevotedToPosition>5.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>DOUGLAS HOWELL</PersonName>
        <Title>Trustee</Title>
        <AvgHoursPerWkDevotedToPosition>3.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>J C WATTS JR</PersonName>
        <Title>Trustee</Title>
        <AvgHoursPerWkDevotedToPosition>3.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>RUSSELL GRIFFIS</PersonName>
        <Title>Trustee</Title>
        <AvgHoursPerWkDevotedToPosition>3.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <ActivitiesNotPreviouslyRpt>false</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>false</MadeChangesToOrgnzngEtcDoc>
      <OrganizationHadUBI>false</OrganizationHadUBI>
      <SubjectToProxyTax referenceDocumentName="IRS990ScheduleC">false</SubjectToProxyTax>
      <OrganizationDissolvedEtc referenceDocumentName="IRS990ScheduleN BinaryAttachment">false</OrganizationDissolvedEtc>
      <DidOrgFileForm1120POLThisYear>false</DidOrgFileForm1120POLThisYear>
      <MadeLoansToFromOfficers>false</MadeLoansToFromOfficers>
      <EngagedInExcessBenefitTrans>false</EngagedInExcessBenefitTrans>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <StatesWhereCopyOfReturnIsFiled>OK</StatesWhereCopyOfReturnIsFiled>
      <TheBooksAreInCareOf>
        <NamePerson>MARK DOBBS</NamePerson>
        <AddressUS>
          <AddressLine1>111 S MAIN ST</AddressLine1>
          <City>EUFAULA</City>
          <State>OK</State>
          <ZIPCode>74432</ZIPCode>
        </AddressUS>
        <TelephoneNumber>9186899595</TelephoneNumber>
      </TheBooksAreInCareOf>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>false</DoesOrgHaveHospital>
      <TanningServicesProvided>false</TanningServicesProvided>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionWithControlEntity>false</TransactionWithControlEntity>
      <EngagePoliticalCmpgnActivities>false</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>false</EngageInLobbyingActivities>
      <OperatingSchool>false</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>true</TrnsfrsExemptNonCharRelatedOrg>
      <RelatedOrgSection527Org>false</RelatedOrgSection527Org>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <CompOfHghstPaidCntrctProfSer>
        <NamePerson>JONES CONSTRUCTON</NamePerson>
        <AddressUS>
          <AddressLine1>HC 64M BOX 3866</AddressLine1>
          <City>EUFAULA</City>
          <State>OK</State>
          <ZIPCode>74432</ZIPCode>
        </AddressUS>
        <TypeOfService>Consturction</TypeOfService>
        <Compensation>418199</Compensation>
      </CompOfHghstPaidCntrctProfSer>
      <TotNumCntrctPdOver100KProfSer>1</TotNumCntrctPdOver100KProfSer>
      <FiledScheduleA>false</FiledScheduleA>
    </IRS990EZ>
    <IRS990ScheduleA documentId="00000002" softwareId="12000225">
      <CommunityTrust170b1Avi>X</CommunityTrust170b1Avi>
      <GiftsGrantsContribReceived170>
        <CurrentTaxYear>127100</CurrentTaxYear>
        <Total>127100</Total>
      </GiftsGrantsContribReceived170>
      <Total170>
        <CurrentTaxYear>127100</CurrentTaxYear>
        <Total>127100</Total>
      </Total170>
      <AmountsSubstContributorsTotal>126000</AmountsSubstContributorsTotal>
      <PublicSupportTotal170>1100</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <Total>0</Total>
      </GrossInvestmentIncome170>
      <TotalSupport>127100</TotalSupport>
      <PublicSupportPertcentage170>0.00870</PublicSupportPertcentage170>
      <PrivateFoundation170>X</PrivateFoundation170>
      <PublicSupportTotal509>0</PublicSupportTotal509>
      <PublicSupportPercentage509>0</PublicSupportPercentage509>
      <InvestmentIncomePercentage>0</InvestmentIncomePercentage>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="00000003">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleO documentId="00000004" softwareId="12000225">
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part I, Line 10</Identifier>
        <Explanation>ATHLETIC FIELD HOUSE FOR EUFAULA ISD CONSTRUCTION EUFAULA INDEPENDENT SCHOOL DIST. NONE LAND 10/24/2012 33000. 33000. 89113.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>