Form 990-PF Return of Private Foundation 1
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OMB No 1545-0052 Form 990-PF Return of Private Foundation 1 or Section 4947(a)(1) Nonexempt Charitable Trust 2005 Department of the Treasury Treated as a Private Foundation Internal Revenue Service Note : The organization may be able to use a copy of this return to satisfy state reporting requirements. For calendar year 2005 , or tax year beginning APR 1, 2005 , and ending MAR 31 , 2006 G Check all that aooNr L_J Initial return L_J Final return organization Use the IRS Name of Employer identification number label. Otherwise , OCH FOUNDATION , INC . 77-10077 print Number and street (or P 0 box number if mail is not delivered to street address) Room/s.te B Telephone number or type . 4421 NW 39TH AVE BLDG 1 , STE . J 3 G/ J/ J- 1%.7 -L See Specific City or town, state, and ZIP code C If exemption application is pending , check here Instructions . ► _ATATL'C1TTT_T_L' WT_ '27Gr1(Z_77'1 1 D 1. Foreign organizations, check here 2. Foreign organizations meeting the 85% test, H Check type of organization: [Xi Section 501(c)(3) exempt private foundation check here attach and computation ► ^ Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation E If private foundation status was terminate d I Fair market value of all assets at end of year J Accounting method: ® Cash Accrual un der section 507( b)( 1 )(A), check here (from Part Il, col. (c), line 16) Q Other (specify) F If the foundation is in a 60-month termination 104 16 0 818 6 5 6 . (Part 1, column (d) must be on cash basis.) under section 507(b)(1)(B). check here Analysis of Revenue and Expenses Part I (a) Revenue and (b) Net investment (c) Adjusted net (d) Disbursements (The total of amounts in columns (b), (c), and (d) may not for charitable purpose necessarily equal the amounts in column (a)) expenses pper books income income (cash basis onlv) 1 Contributions, gifts, grants, etc., received 2 Chedc dthe foundation is not required to attach Sch B 3 cashInterestinvestmentson savings and temporary _ 528 , 495. STATEMENT 1 4 Dividends and interest from securities 3 330 , 427. 3 330.427. STATEMENT 2 5a Gross rents b Net rental income or Boss) 6a Net gain or (loss) from sale of assets not on line 10 8 , 266 , 982. sales price for al l :1 V L_ b assetsGross on line Ba 5,312,921. 7 Capital gain net income (from Part IV, line 2) 8 8 Net short-term capital gain 9 Income modifications t1: Gross sales less returns 10a and allowances b Less Cost of goods sold c Gross profit or (loss) 11 Other income 56 , 725. STATEMENT 3 12 Total . Add lines 1 through 11 12 , 182 629 . 12 13 Compensation of officers, directors, trustees, etc 113 060 27,202. 85 ,858. 14 Other employee salaries and wages 159 079 . 31,816. 127 ,263. 15 Pension plans, employee benefits 33 426 . 6,685. 26 ,741. 16a Legal fees STMT 4 8 , 067. 4,034. 4 ,033. 0 b Accounting fees STMT 5 CIL 16 , 610. 15,780. 830. W c Other professional fees _ 17 Interest 18 Taxes STMT 6 42 , 581. 1,236. 65. 19 Depreciation and depletion 29 , 167. 14,584. E 20 Occupancy lr 4 21 Travel, conferences, and meetings 10 , 507. 192. 10 ,315. r- 22 Printing and publications 15 , 304. 3,826. 11 ,478. 23 Other expenses STMT 7 457 , 736. 345,630. 112 ,106. C-D m 24 Total operating and administrative expenses . Add lines 13 through 23 885 , 537. 450.985. 378 ,689. 0 25 Contributions, gifts, grants paid 9 465 , 754. 9,465 ,754. 26 Total expenses and disbursements. Add lines 24 and 25 10 , 351 , 291. 9.844 ,443. 27 Subtract line 26 from line 12: a Excess of revenue over expenses and disbursements 1 831 , 338. b Net investment income (if negative, enter -0-) 11 c Adiusted net income (if negative, enter -0-) N/A LHA For Privacy Act and Paperwork Reduction Act Notice , see the instructions. Form 990-PF (2005) 523501 01-05-06 1 14501117 789407 501744 2005.07000 KOCH FOUNDATION, INC. 5017441 A Form 990-PF (2005) KOCH FOTTN A' TTON - INC - ' 59-1885997 Page2 ched schedules and amounts in the description Beginning of year End of year Part II Balance Sheets A column should belorend-ol-yearamounts Dory (a) Book Value (b) Book Value (c) Fair Market Value 1 Cash - non-interest-bearing 2 Savings and temporary cash investments 17 , 294 , 464. 7 , 193 , 346. 7 . 193 1 346. 3 Accounts receivable ► Less: allowance for doubtful accounts ► 4 Pledges receivable ► Less: allowance for doubtful accounts ► 5 Grants receivable 6 Receivables due from officers, directors, trustees, and other disqualified persons 7 Other notes and loansrecerwable ► Less: allowance for doubtful accounts ► M B Inventories for sale or use 9 Prepaid expenses and deferred charges 10a Investments - U.S. and state government obligations 6 , 098 , 000. b Investments - corporate stock STMT 8 54 , 547 , 892. 53 , 049 , 891. 91 , 233 , 182. c Investments - corporate bonds STMT 9 1 , 082 , 539. 1 , 701 , 414. 1 , 654 , 134. 11 Investments - land, buildings , and equipment basis ► Less accumulated depreciation ► 12 Investments - mortgage loans 13 Investments - other STMT 10 25 834 071. 44 758 063. 60 353 540. 14 Land, buildings, and equipment basis ► 527 , 635. Less accumulated depreciation ► 143 , 181. 398 , 864. 384 , 454. 384 , 454. 15 Other assets (describe ► 16 Total assets (to be com pleted by all filers ) 105 , 255 , 830. 107 , 087 , 168.i 160 , 818 , 656. 17 Accounts payable and accrued expenses - 18 Grants payable 19 Deferred revenue 20 Loans from officers, directors, trustees , and other disqualified persons 21 Mortgages and other notes payable J 22 Other liabilities (describe ► 23 Total liabilities (add lines 17 throw h 22) 0. 0. Organizations that follow SFAS 117, check here ► co and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted 105 255 830. 107 087 168. 25 Temporarily restricted To m 26 Permanently restricted _ C Organizations that do not follow SFAS 117, check here ► 0 ILL and complete lines 27 through 31. 0 27 Capital stock, trust principal, or current funds 28 Paid-in or capital surplus, or land, bldg., and equipment fund N a 29 Retained earnings, accumulated income, endowment, or other funds Z 30 Total net assets or fund balances 105 , 255 , 830. 107 , 087 , 168. 31 Total liabilities and net assetsffund balances 105 , 255 , 830. 107 , 087 , 168. Part III Analysis of Changes in Net Assets or Fund Balances 1 Total net assets or fund balances at beginning of year - Part II, column (a), line 30 (must agree with end -of-year figure reported on prior year's return) 105.255.830. 2 Enter amount from Part I, line 27a 3 Other increases not included in line 2 (itemize) ► 4 Add lines 1 , 2, and 3 . 5 Decreases not included in line 2 (itemize) ► 6 Total net assets or fund balances at end of year ( line 4 minus line 5) - Part II, column (b), line 30 1 6 1 107, 087, 16 8 . Form 990-PF (2005) 523511 01-05-06 2 14501117 789407 501744 2005.07000 KOCH FOUNDATION, INC. 5017441 Form 990-PF (2005) KOCH FOUNDATION INC. 59-1885997 Page 3 Part IV Capital Gains and Losses for Tax on Investment Income (a) List and describe the kind(s) of property sold (e.g., real estate, (b How acquired Date acquired Purchase (c' (d) Date sold 2-story brick warehouse; or common stock, 200 shs. MLC Co. ) D - Donation (mo., day, yr.) (mo., day, yr.) la b SEE ATTACHED STATEMENT C d e Depreciation allowed Cost or other (e) Gross sales price (f) (g) basis (h) Gain or (loss) (or allowable) plus expense of sale (e) plus (f) minus (g) a b c d e 25 , 312 , 921. 1 1 17 045 939. 8 , 266 , 982. Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (I) Gains (Col. (h) gain minus (j) Adjusted basis (k) Excess of col. (i) col. (k), but not less than -0-) or (i) F.M.V. as of 12/31/69 as of 12/31/69 over col. (1), if any Losses (from col. (h)) a b c d e 8 , 266 , 982. If gain, also enter in Part I, line 7 2 Capital gain net income or ( net capital loss). If (loss), enter -0- in Part I, line 7) 2 8 , 266 , 982. 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). If (loss), enter -0- in Part I, line 8 3 N / A Part V Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income (For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.) If section 4940(d)(2) applies, leave this part blank. Was the organization liable for the section 4942 tax on the distributable amount of any year in the base period? Yes ® No If 'Yes,' the organization does not qualify under section 4940(e). Do not complete this part 1 Enter the appropriate amount in each column for each year; see instructions before making any entries. Base periiod years (c) Distribution ratio Calendar year ( or tax year beg innin g in ) Adjusted qualifying(b distributions Net value of nonchantable-use assets (col. (b) divided by col. (c)) 2004 8 , 834 , 161.