Return of Private Foundation Form 990-PF OMB No 1545-0052 or Section 4947 (a)(1) Nonexempt Charitable Trust Treated as a Private Foundation Department of the Treasury Internal Revenue Servic e 2009 Note . The foundation may be able to use a copy of this return to satisfy state reporting requirements. , and ending For calendar year 2009 , or tax year beginning former public charity 0 Final return Initial return of a Initial return 0 apply: 0 all that G Check n Amended return 0 Address chance 0 Name chanc e Use the IRS label. Otherwise , A Employer identification number Name of foundation 86-1108441 HE JESUS FUND Room/swte Number and street (or P O box number if mail is not delivered to street address) print ortype. 501 -372-6524 1901 NAPA VALLEY DRIVE See Specific Instructions City or town, state, and ZIP code - L ITTLE ROCK , AR C If exemption application is pending, check here 72212 D 1. Foreign organizations, check here 2. ®Section 501(c)(3) exempt private foundation H Check type of organization: Section 4947 ( a )( 1 ) nonexem pt charitable trust [^] Other taxable p rivate foundation 0 Accrual ® Cash I Fair market value of all assets at end of year J Accounting method: = Other (specify) (from Part /l, col (c), line 16) 30 , 916 , 92 6 . (Part 1, column (d) must be on cash basis) $ Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a)) 1 Contributions, gifts, grants, etc., received (a) Revenue and ex p enses p er books chreck 3 4 Dividends and interest from securities test, meetin herorganiz and attach c mpuatio85% E If p rivate foundation status was terminated under section 507(b)(1)(A), check here F If the foundation is in a 60-month terminatio n under section 507 ( b )( 1 ) B), check here (d) Disbursements (c) Adjusted net income (b) Net investment income 3 , 000 , 000 . it the foundation is not required to attach Sch B Check Interest on savings and temporary cash investments 2 B Telephone number for charitable purposes (cash basis only) N/A STATEMENT 1 157 , 232. 262 , 935. 158 , 771. 267 , 187. STATEMENT 2 5a Gross rents b Net rental income or (loss) <6 6a Net gain or (loss) from sale of assets not on line 10 Gross sales price for all b assets on line 8a > cc , 821 , 471. > 4a 7,539,153. 7 Capital gain net income (from Part Iv, line 2) 8 9 Net short-term capital gain Income modifications (^ 0 . O NA AV I Gross sales less returns 10a and allowances b Less Cost of goods sold c Gross profit or (loss) 11 Other income C:n 12 0 N 13 a ZE ii C Compensation of officers, directors, trustees, etc 14 15 N 16a e b W c 468 , 632. 0 . 0. 0 175 , 832. 10 , 324. <17 265. 175 , 832. 5 , 020. <17 265. 0. 0. 0. 65 , 325. 65 , 006. 0. 234 , 216. 228 , 593. Other employee salaries and wages Pension plans, employee benefits Legal fees Accounting fees Other professional fees 4) 17 Interest 2 18 Taxes 19 E 20 4 21 a 22 STATEMENT 3 48 , 465. 346 , 656. <3 , 048 , 857. > Total. Add lines 1 throw h 11 STMT 4 STMT 5 Depreciation and depletion Occupancy Travel, conferences, and meetings Printing and publications 0 23 Other expenses STMT 6 24 Total operating and administrative expenses Add lines 13 through 23 Q 0 25 Contributions, gifts, grants paid 26 Total expenses and disbursements. Add lines 24 and 25 27 Subtract line 26 from line 12: 0. 3 3 402 , 250. 3 , 402 , 250. 228 593. 3 , 636 , 466. <6 , 685 , 323. b Net investment income (if negative, enter -0-) C Adjusted net income (if negat i ve, enter -oLHA For Privacy Act and Paperwork Reduction Act Notice , see the instructions. 0z 02-110 402 , 250. a Excess of revenue over expenses and disbursements 1 240 , 039. N/A Form 990-PF (2009) (^ I t^ 9D, Form 990-PF (20091 Part 11 TT-TV. Balance Sheets TFCTT.q FTTNTI RF-11 f1Rdd1 A^chedschedulesandamountsrnthedescdption column should be for end-of-year amounts only 1 Cash - non-interest-bearing 2 Savings and temporary cash investments 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 Other notes and loans receivable 7 N N Y ^ Beginning of year (a ) Book Value (b) Book Valu e 7 , 778. 3 , 839 , 337. 4 , 771. 1 , 826 , 247. 4 , 771. 1 , 826 , 247. 4 , 400 , 000. 4 4 0 0 0 0 0. 4 4 00 , 000. Less: allowance for doubtful accounts ^ 8 Inventories for sale or use 9 Prepaid expenses and deferred charges 10a Investments - U.S. and state government obligations b Investments - corporate stock Paae2 End of year (c) Fair Market Value STMT 7 0. 3 , 512 , 965. 5 , 557 , 027. STMT 8 35 285 125. 22 702 934. 19 128 881. 39 , 132 , 240. 32 , 446 , 917. 30 916 , 926. 0. 0. 1 . 0. 1 . 0. 39 , 132 , 239. 32 , 446 , 916. 39 , 132 , 240. 32 , 446 , 917. 39 , 132 , 240. 32 , 446 . 917.1 c Investments - corporate bonds 11 Investments - land, buildings , and equipment basis ^ Less accumulated depreciation ^ Investments - mortgage loans 12 13 14 Land, buildings, and equipment: basis ^ 15 Other assets (describe ^ Investments - other Less accumulated depreciation u) 16 Total assets to be com p leted b all filers 17 Accounts payable and accrued expenses 18 Grants payable 19 Deferred revenue 20 21 J 22 0 m r_ U. y < Z ^ Loans from officers, directors , trustees, and other disqualified persons Mortgages and other notes payable Other liabilities (describe ^ 23 Total liabilities ( add lines 17 throu g h 22 ) Foundations that follow SFAS 117, check here ^ and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted 25 Temporarily restricted 26 Permanently restricted 10. Foundations that do not follow SFAS 117, check here and complete lines 27 through 31. 27 Capital stock, trust principal, or current funds 28 Paid-in or capital surplus, or land, bldg., and equipment fund 29 Retained earnings, accumulated income, endowment, or other funds 30 Total net assets or fund balances 31 Total liabilities and net assets/fund balances Part III Analysis of Changes in Net Assets or Fund Balances I 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) 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) ^ 4 minus line 51 - 1 2 39 132 240. <6,685,323.> 17. mn (b). line Form 990-PF (2009) 923511 02-02-10 2 Form 990-PF (2009) THE JESUS FUND Part IV Capital Gains and Losses for Tax on Investment Income (b How acquired Purchase D Donation (a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co ) Page 3 86-1108441 (c) Date acquired (mo., day, yr.) (d) Date sold (mo., day, yr.) la b SEE ATTACHED STATEMENT C d e (e) Gross sales price (9) Cost or other basis plus expense of sale (f) Depreciation allowed (or allowable) (h) Gain or (loss) (e) plus (f) minus (g) a b c d e 14 322 115. 7 , 539 , 153. 1 <6 , 821 (I) Gains (Col. (h) gain minus c ol. (k), but not less than -0 -) or Losses (from col. (h)) Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (i) F.M.V. as of 12/31/69 (j) Adjusted basis as of 12/31/69 (k) Excess of col. (i) over col. (1), if any , 471. a b c d <6 , 821 , 471. e If gain, also enter in Part I, line 7 Vl If (loss), enter -0- in Part I, line 7 2 Capital gain net income or (net capital loss) 1 ) 2 <6 , 821 , 471. 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 Part V I Qualification Under Section 4940 (e) for Reduced Tax on Net Investment Income N/A (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. Yes ® No 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. 1 Enter the appropriate amount in each column for each year; see instructions before making any entries. Base period years Calendar year or tax year beginning m (b distributions Adjusted qualifying 2008 2007 2006 2005 2004 4 3 3 1 , , , , 382 669 790 604 , , , , 374. 156. 952. 224. 1 0. Distribution ratio (col. (b) divided by col. (c)) (c) Net value of noncharitable-use assets 34 38 35 13 3 906 055 128 344 , 795 .125547 .096416 .107915 .120214 .000000 177. 450. 933. 689. , 761. 2 Total of line 1, column (d) 3 Average distribution ratio for the 5-year base period - divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years 2 . 450092 3 .090018 4 Enter the net value of noncharitable-use assets for 2009 from Part X, line 5 4 29 5 Multiply line 4 by line 3 5 2 6 Enter 1% of net investment income (1% of Part I, line 27b) 6 2 , 400. 7 Add lines 5 and 6 7 2 , 646 , 908. 8 Enter qualifying distributions from Part XII, line 4 8 3 , 377 , 543. , 644 , 508. , 402 , 250. 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 the Part VI instructions. 923521 02 - 02-10 Form 990-PF (2009) Form 9 90- PF (2009) Part VI THE JESUS la Exempt operating foundations described in section 4940(d)(2), check here ^ 0 and enter 'N/A' on line 1. ( attach copy of letter if necessary-see instructions) Date of ruling or determination letter: requirements in Part V, check here ^ ® and enter 1% section 4940(e) foundations that meet the Domestic b of Part I, line 27b c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b) 2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 3 4 5 6 a b c d 7 8 9 10 11 Add lines 1 and 2 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) Tax based on investment income . Subtract line 4 from line 3. If zero or less, enter -0Credits/Payments: 6a 2009 estimated tax payments and 2008 overpayment credited to 2009 6b Exempt foreign organizations - tax withheld at source 6c Tax paid with application for extension of time to file (Form 8868) 6d Backup withholding erroneously withheld Total credits and payments. Add lines 6a through 6d Enter any penalty for underpayment of estimated tax. Check here ® if Form 2220 is attached Tax due . If the total of lines 5 and 8 is more than line 7, enter amount owed Overpayment . If line 7 is more than the total of lines 5 and 8, enter the amount overpaid 1 2 , 400. 2 3 4 5 2 , 400. 0. ^ ^ 4a b 5 6 3 , 000. 1 8 9 10 11 599. 0. Statements Regarding Activities managers. ^ $ 3 2 , 400. 7 la 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? b Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see instructions for definition)? If the answer is "Yes" to la 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. c Did the foundation file Form 1 120-POL for this year? d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year: 0. 0. (2) On foundation managers. ^ $ (1) On the foundation. ^ $ e Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed on foundation 2 0. 3 , 000. 5 9 9 . Refunded 1110- Enter the amount of line 10 to be: Credited to 2010 estimated tax Part VII-A Page 4 86-110844 1 FUND Excise Tax Based on Investment Income (Section 4940 (a), 4940(b), 4940(e), or 4948 - see instructions) Yes No 1a lb X X 1c X 2 X 0. Has the foundation engaged in any activities that have not previously been reported to the IRS 2 If "Yes, " attach a detailed description of the activities. 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 Did the foundation have unrelated business gross income of $1,000 or more during the year? If 'Yes, has it filed a tax return on Form 990 -T for this year? Was there a liquidation, termination, dissolution, or substantial contraction during the year? If "Yes, " attach the statement required by General Instruction T. 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 conflict with the state law remain in the governing instrument? Did the foundation have at least $5,000 in assets at any time during the year? If "Yes, " complete Part ll, col (c), and Part XV 8a Enter the states to which the foundation reports or with which it is registered (see instructions) ^ 7 3 4a 4b 5 X X X 6 7 X X 8b X X AR 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 9 Is the foundation claiming status as a private operating foundation within the meaning of section 4942(I)(3) or 4942(l)(5) for calendar year 2009 or the taxable year beginning in 2009 (see instructions for Part XIV)' If "Yes, " complete Part XIV 10 Did any oersons become substantial contributors during the tax year' If "Yes." attach a schedule listmn their names and addresses 9 10 X X Form 990-PF (2009) 923531 02-02-10 4 Form 990-PF (2009) THE JESUS FUND Page 5 86-1108441 Part VII-A Statements Regarding Activities (continued) 11 12 At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)9 If 'Yes,' attach schedule (see instructions) Did the foundation acquire a direct or indirect interest in any applicable insurance contract before 13 August 17, 2008? Did the foundation comply with the public inspection requirements for its annual returns and exemption applications 12 13 11 Website address ^ N/A 14 The books are in care of ^ A. 15 X X Telephone no. ^ 501-372-6524 DUNCAN Located at ^ 19 01 NAPA VALLEY DRIVE, X LITTLE ROCK, ZIP+4 ^7 2 212 AR Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 - Check here and enter the amount of tax-exem p t interest received or accrued durin g the year ^Q 00-1 15 N/A Part VII - B Statements Regarding Activities for Which Form 4720 May Be Required File Form 4720 if any item is checked in the "Yes" column , unless an exception applies. Is During the year did the foundation (either directly or indirectly): (1) Engage in the sale or exchange, or leasing of property with a disqualified persons (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? (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)? (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 Yes No 0 Yes ® No El Yes ® No 0 Yes ® No 0 Yes ® No 0 Yes ® No termination of government service, if terminating within 90 days.) = Yes ® No b If any answer is "Yes' to la(1)-(6), did any of the acts fail to qualify under the exceptions described in Regulations N/A section 53.4941 ( d)-3 or in a current notice regarding disaster assistance ( see page 20 of the instructions)? ^0 Organizations relying on a current notice regarding disaster assistance check here c Did the foundation engage in a prior year in any of the acts described in la, other than excepted acts , that were not corrected before the first day of the tax year beginning in 2009 Taxes on failure to distribute income ( section 4942 ) ( does not apply for years the foundation was a private operating foundation defined in section 4942(l)(3) or 4942 ( l)(5)): a At the end of tax year 2009 , did the foundation have any undistributed income (lines 6d and 6e, Part XIII) for tax year ( s) beginning No before 2009 9 0 Yes If "Yes," list the years ^ b 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 N/A statement - see instructions .) c If the provisions of section 4942 ( a)(2) are being applied to any of the years listed in 2a, list the years here. 2b 3a Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the years El Yes ® No b If 'Yes," did it have excess business holdings in 2009 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 period9 (Use Schedule C, Forrn 4720, to determine if the foundation had excess business holdings in 2009) N/A 4a Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? b Did the foundation make any investment in a prior year (but after December 31, 1969 ) that could jeopardize its charitable purpose that 3b 4a Form 990-PF (2009) 923541 02-02-10 5 -11 084 Part VII- B Statements Regarding Activities for Which Form 4720 May Be Required (continued) 5a During the year did the foundation pay or incur any amount to: (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? (2) Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drives (3) Provide a grant to an individual for travel, study, or other similar purposes' (4) Provide a grant to an organization other than a charitable, etc., organization described in section E] Yes ®No Yes ® No Yes ® No 509(a)(1), (2), or (3), or section 4940(d)(2)' (5) Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals' b 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) Organizations relying on a current notice regarding disaster assistance check here c If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the tax because it maintained expenditure responsibility for the grants N/A statement required Regulations section 53.4945-5(d). "Yes," attach the by If 6a Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contracts b Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract'? If "Yes" to 6b, file Form 8870. 0 7a At any time during the tax year, was the foundation a party to a prohibited tax shelter transactions income attributable the transaction? foundation receive or have an y net to If did the roceeds yes, an y p b Part a VIII Yes ® No 5b N/A ^0 Yes No Yes ® No 6b Yes ® No N /A X 7b Information About Officers, Directors , Trustees , Foundation Managers, Highly Paid Employees , and Contractors 1 List all officers . directors . trustees . foundation managers and their compensation. (b) Title, and average hours per week devoted (a) Name and address to position RONALD M. CAMERON COUCH (c) Compensation (If not p aid , enter -0 ( d)Contnbubonsto empl o y e e and compensation (e) Expense account, other allowances TRUSTEE 1.00 GENEVIEVE R. 0. 0. 0. 0. 0. 0. ( d)Contribuoonsto emp once eferre plans (e) Expense account, other allowances TRUSTEE 4.00 9 Yes ® No Cnmoencatinn of five highest-paid emnIovees /other than those included on line 11- If none- enter "NONE-" (a) Name and address of each employee paid more than $50,000 (b) Title, and average hours per week devoted to position (c) Com ensation p compensation NONE Total number of other employees paid over $50,000 0 ^ I Form 990-PF (2009) 923551 02-02-10 6 Form 990-PF (2009) 86-1108441 THE JESUS FUND Information About Officers, Directors , Trustees , Foundation Managers , Highly Part VIII Paid Employees, and Contractors (continued) 0 3 Five highest-paid independent contractors for professional services. If none, enter "NONE." (a) Name and address of each person paid more than $50,000 Page 7 (c) Compensation (b) Type of service NONE Total number of others receivin g over $50 ,000 for p rofessional services Part IX -A 0 Summary of Direct Charitable Activities List the foundation's four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses 1THE JESUS FUND'S CHARITABLE PURPOSE IS TO MAKE CONTRIBUTIONS TO VARIOUS PUBLIC CHARITIES. 3 , 402 , 250. 2 3 4 Part IX- B I Summary of Prociram-Related Investments Amount Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. 1 N/A 2 All other program-related investments. See instructions. 3 Total. Add lines 1 throu g h 3 ^ 0 Form 990-PF (2009) 923561 02-02-10 Form 990-PF (2 009) Part X 1 a b c d e 2 3 4 5 FUND Page 8 86-1108441 Minimum Investment Return (All domestic foundations must complete this part Foreign foundations, see instructions.) 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 Total (add lines la, b, and c) Reduction claimed for blockage or other factors reported on lines la and le 1c (attach detailed explanation) Acquisition indebtedness applicable to line 1 assets Subtract line 2 from line 1d Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see instructions) Net value of noncharitable - use assets Subtract line 4 from line 3. Enter here and on Part V, line 4 Part XI 1 2a b c 3 4 5 6 7 THE JESUS 15, 731 4 ,930 9 ,163 29 ,824 ,626. ,257. ,034. ,917. 0. 29 ,824 ,917. 447 ,374. 29 ,377 ,543. 1,468,877. Distributable Amount (see instructions) (Section 4942(l)(3) and (I)(5) private operating foundations and certain foreign organizations check here ^ 0 and do not complete this part.) Minimum investment return from Part X, line 6 Tax on investment income for 2009 from Part VI, line 5 Income tax for 2009. (This does not include the tax from Part VI.) Add lines 2a and 2b Distributable amount before adjustments. Subtract line 2c from line 1 Recoveries of amounts treated as qualifying distributions 2a 2b Addlines3and4 Deduction from distributable amount (see instructions) Distributable amount as ad justed. Subtract line 6 from line 5. Enter here and on Part XII I line 1 1 1 , 468 , 877. 2c 3 4 5 6 7 , 400 . 1 , 466 , 477 . 2 , 400. 2 0 . 1 , 466 , 477. 0 . 1 , 466 , 477 . Part XII Qualifying Distributions (see instructions) Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes: 1a 3 , 402 , 250. a Expenses, contributions, gifts, etc. - total from Part I, column (d), line 26 0. b Program-related investments - total from Part IX-B lb 2 2 Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc., purposes 3 Amounts set aside for specific charitable protects that satisfy the: 3a a Suitability test (prior IRS approval required) 3b b Cash distribution test (attach the required schedule) 4 4 Qualifying distributions . Add lines la through 3b. Enter here and on Part V, line 8, and Part XIII, line 4 3 , 402 , 250. 5 Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment income. Enter 1% of Part I, line 27b 5 2 , 400. 6 6 Adjusted qualifying distributions . Subtract line 5 from line 4 3 , 399 , 850. Note The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating wheth er the foundation qualifie s for the section 4940(e) reduction of tax in those years. 1 Form 990-PF (2009) 923571 02-02-10 8 Form 990-PF (2009) Part XIII THE JESUS FUND 86-1108441 Page 9 Undistributed Income (see instructions) (a) Corpus 1 Distributable amount for 2009 from Part XI, line 7 2 Undistributed income, if any , as of the end of 2009 (b) Years prior to 2008 (c) 2008 (d) 2009 1,466,477. a Enter amount for 2008 only b Total for prior years: 3 Excess distributions carryover, if any, to 2009: a From 2004 bFrom2005 cFrom2006 2 1 d From 2007 From 2008 e 2 f Total of lines 3a through e 828 , 075 831 , 642 400. , 253. , 293. , 917. 7 4 Qualifying distributions for 2009 from Part Xll,line 3, 402, 250. a Applied to 2008, but not more than line 2a b Applied to undistributed income of prior years (Election required - see instructions) c Treated as distributions out of corpus (Election required - see instructions) d Applied to 2009 distributable amount 0. e Remaining amount distributed out of corpus 5 Excess distributions carryover applied to 2009 0. (if an amount appears in column (d), the same amount must be shown in column (a) ) 6 Enter the net total of each column as indicated below: a Corpus Add lines 3f, 4c, and 4e Subtract line 5 b Prior years' undistributed income. Subtract line 4b from line 2b c Enter the amount of prior years' undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed d Subtract line 6c from line 6b. Taxable amount - see instructions e Undistributed income for 2008. Subtract line 4a from line 2a. Taxable amount - see instr. f Undistributed income for 2009. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2010 7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) 8 Excess distributions carryover from 2004 not applied on line 5 or line 7 9 Excess distributions carryover to 2010. Subtract lines 7 and 8 from line 6a 10 Analysis of line 9: a Excess b Excess c Excess d Excess from from from from 2005 2006 2007 2008 0. 0. 0. 0. 9,313,636. 828 , 400. 2 075 253. 1 831 , 293. 2, 642,917. Form 990-PF (2009) 923581 02-02-10 9 orm 990-PF 2009 THE JESUS FUND Part XIV Private Operating Foundations (see instructions and Part VII-A, question 9) 86-1108441 Page 10 N/A 1 a If the foundation has received a ruling or determination letter that it is a private operating ^ foundation , and the ruling is effective for 2009 , enter the date of the ruling 0 4942(1)(3) or 0 4942(i)(5) b Check box to indicate whether the foundation is a private operating foundation described in section Prior 3 years Tax year 2 a Enter the lesser of the adjusted net (b) 2008 (c) 2007 ( a) 2009 ( d) 2006 ( e) Total income from Part I or the minimum investment return from Part X for each year listed b 85% of line 2a c Qualifying distributions from Part XI I, line 4 for each year listed d Amounts included in line 2c not used directly for active conduct of exempt activities e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c Complete 3a, b, or c for the alternative test relied upon: a 'Assets' alternative test - enter: (1) Value of all assets (2) Value of assets qualifying under section 4942(I)(3)(B)(i) b 'Endowment' alternative test - enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed c 'Supportalternative test - enter: (1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) (2) Support from general public and 5 or more exempt organizations as provided in section 4942(I)(3)(B)(ui) (3) Largest amount of support from an exempt organization ( 4 ) Gross investment income Part XV 1 Supplementary Information (Complete this part only if the foundation had $5, 000 or more in assets at any time during the year- see the instructions.) Information Regarding Foundation Managers: a List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).) RONALD M. CAMERON b List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the ownership of a partnership or other entity) of which the foundation has a 10% or greater interest. 2 Information Regarding Contribution, Grant, Gift, Loan , Scholarship , etc., Programs: Check here ^ ® if the foundation only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under other conditions, complete items 2a, b, c, and d. a The name, address, and telephone number 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 other factors: 923801 02-02-10 Form 990- PF (2009) 10 Form 990-PF (2009) THE JESUS FUND Supplementary Information (continued) Part XV 3 86-1108441 Grants and Contributions Paid Durin g the Year or Approved for Future Pa ment If recipient is an individual, Recipient Foundation show any relationship to status of any foundation manager Name and address (home or business) recipient or substantial contributor Purpose of grant or contribution Page 11 Amount a Paid dung the year VARIOUS PUBLIC CHARITIES ONE HARITABLE Total 3,402,250. ^ 3a 3 402 250. b Approved for future payment NONE Total 023611 02 -02-10 ^ 3b 1 0. Form 990-PF (2009) 11 Form 990-PF (2009) Part XVI -A THE JESUS FUND Page 12 Analysis of Income - Producing Activities Enter g ross amounts unless otherwise indicated . 1 Pro gram service revenue: a b e d e f 9 Fees and contracts from government agencies 2 Me mbership dues and assessments 3 Int B rest on savings and temporary cash inv estments 4 Div idends and interest from securities 5 Nett rental income or (loss) from real estate: a Debt-financed property b Not debt-financed property 6 Nett rental income or (loss) from personal proo perty 7 Ot h er investment income 8 Gai n or (loss) from sales of assets other tha ninventory 9 Ne t income or (loss) from special events 10 Gr o ss profit or (loss) from sales of inventory 11 Ot h errevenue: a b c d e 12 Su btotal. Add columns (b) , (d), and (e) 13 Total Add line 12, columns (b), (d), and (e) (See worksheet in line 13 instructions to verity calculations.) Part XVI -B 86-1108441 Unrelate d business income (a) Business code 900099 900099 (b) Amount 1 , 539. 4 , 252. 277. 900099 6 0 6 8. Exclu ded b section 512, 513, or 514 1 Excru51°J code (d) Amount 14 14 157 232. 262 , 935. 14 346 , 656. 18 (e) Related or exempt function income <6 , 821 , 748. > <6 0 5 4 9 2 5. 13 0. <6,048,857. > Relationship of Activities to the Accomplishment of Exempt Purposes Form 990-PF (2009) 02-0923621 o 12 Form 990-PF ( 2009) THE JESUS FUND 86-1108441 Part XVII Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations Pa a 13 Yes 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? a Transfers from the reporting foundation to a noncharitable exempt organization of (1) Cash la(l) (2) Other assets la ( 2 )1__j b Other transactions: (1) Sales of assets to a noncharitable exempt organization tb 1 (2) Purchases of assets from a noncharitable exempt organization lb ( 2 )1 (3) Rental of facilities, equipment, or other assets lb ( 3 ) (4) Reimbursement arrangements lb ( 4 ) (5) Loans or loan guarantees lb ( 5 ) (6) Performance of services or membership or fundraising solicitations lb ( 6 ) Sharing of facilities, equipment, mailing lists, other assets, or paid employees 1c If 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 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 5279 b If "Yes; complete the following schedule. (a) Name of organization (b) Type of organization Yes (c) Description of relationship N/A ou Under penalties of perjury, I decl ar a that I have a and complet laration pr er th t Sig d CL a^ Q0 ture of officer or rustee Preparer's /1 si g n a t ure c1` Film' s name (oryours if self-employed ), address, andZipcode 923822 02-02-10 ed this return , including accompanying schedules and statements , and to the best of my knowledge and belief, it is true , correct. payer or fiduciary ) is based on all informal ' /^ FRAZER FROST, LLP 425 WEST CAPITOL, SUITE LITTLE ROCK AR 72201 No X X X X X X X X X 0 No Schedule B Schedule of Contributors I (Form 990, 990-EZ, or 990-PF) I ^ Attach to Form 990, 990-EZ, or 990-PF. OMB No 1545-0047 2009 Department of the Treasury Internal Revenue Service Name of the organization Employer identification number Organization type (check one): Filers of: Section: Form 990 or 990-EZ 0 501(c)( ) (enter number) organization 4947(a)(1) nonexempt charitable trust not treated as a private foundation 527 political organization Form 990 - PF ® 501 (c)(3) exempt private foundation 4947(a)(1) nonexempt charitable trust treated as a private foundation 0 501(c)(3) taxable private foundation Check if your organization is covered by the General Rule or a Special Rule. Note. Only a section 501 (c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule See Instructions General Rule For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, $5,000 or more (in money or property) from any one contributor Complete Parts I and II Special Rules D For a section 501 (c)(3) organization filing Form 990 or 990 - EZ that met the 33 1 /3% support test of the regulations under sections 509(a)(1) and 170(b)(1)(A)(vl), and received from any one contributor , during the year, a contribution of the greater of (1) $5 , 000 or (2) 2% of the amount on (I) Form 990 , Part VIII , line 1 h or (u) Form 990 - EZ, line 1 . Complete Parts I and II. For a section 501 (c)(7),(8), or ( 10) organization filing Form 990 or 990 - EZ that received from any one contributor, during the year, aggregate contributions of more than $ 1,000 for use exclusively for religious , charitable , scientific, literary, or educational purposes, or the prevention of cruelty to children or animals . Complete Parts I, II, and III For a section 501 (c)(7), (8), or ( 10) organization filing Form 990 or 990- EZ that received from any one contributor , during the year, contributions for use exclusively for religious , charitable , etc , purposes , but these contributions did not aggregate to more than $ 1,000. If this box is checked , enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose Do not complete any of the parts unless the General Rule applies to this organization because it received nonexclusively ^ $ religious , charitable , etc., contributions of $5,000 or more during the year. Caution . An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990, 990-EZ, or 990-PF), but it must answer "No" on Part IV, line 2 of its Form 990, or check the box on line H of Its Form 990-EZ, or on line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990, 990-EZ, or 990-PF). LHA For Privacy Act and Paperwork Reduction Act Notice , see the Instructions for Form 990, 990-EZ , or 990-PF. 923451 02-01-10 14 Schedule B (Form 990, 990 -EZ, or 990-PF) (2009) of Part I Schedule B (Form 990, 99 Employer identification number Name of organization Contributors (see instructions) Part I (c) Aggregate contributions (b) Name, address, and ZIP + 4 (a) No. RONALD M. 1 (d) Type of contribution Person CAMERON $ 3,000,000. Payroll El Noncash 0 (Complete Part II if there is a noncash contribution ) (c) Aggregate contributions (b) Name , address, and ZIP + 4 (a) No. (d) Type of contribution Person Payroll Noncash $ 0 0 0 (Complete Part II if there is a noncash contribution.) (c) Aggregate contributions (b) Name , address, and ZIP + 4 (a) No. (d) Type of contribution Person Payroll Noncash $ 0 0 (Complete Part II if there is a noncash contribution ) (c) Aggregate contributions (b) Name, address, and ZIP + 4 (a) No. (d) Type of contribution Person Payroll Noncash $ 0 0 El (Complete Part II if there is a noncash contribution ) (c) Aggregate contributions (b) Name , address, and ZIP + 4 (a) No. (d) Type of contribution Person Payroll Noncash $ El 0 (Complete Part II if there is a noncash contribution ) (c) Aggregate contributions (b) Name , address, and ZIP + 4 (a) No. $ (d) Type of contribution Person Payroll Noncash 0 0 0 (Complete Part II if there is a noncash contribution.) o7t c n .n Schedule B (Form 990 . 990-EZ . or 990 - PF) (2009) i,in 15 THE JESUS FUND Part IV Capital Gains and CONTINUATION FOR 990-PF, PART IV 86-1108441 PAGE 1 OF 1 Losses for Tax on Investment Income (b1 How acqu ired acquired P - Purchase ("Date No., day, yr.) D - Donation (a) List and describe the kind(s) of property sold, e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co. P P P P P P P P P P P P P P la UBS-VARIOUS b BLACKROCK ALL CAP GLOBAL c FEDERATED KAUFMANN CLASS A dAMERICAN FUNDS GROWTH e JENNDRY JENNISON NATURAL f VAN KAMPEN REAL ESTATE g AMERICAN FUNDS WASHINGTON h STERLING GROUP PARTNERS II NB CROSSROADS FUND XVIII-INSTUTIONAL NB CROSSROADS FUND XVIII-INSTUTIONAL k NB CROSSROADS FUND XVIII-INSTUTIONAL I UBS-VARIOUS m NB CROSSROADS FUND XVIII-INSTUTIONAL n NB CROSSROADS FUND XVIII-INSTUTIONAL o CAPITAL GAINS DIVIDENDS (e) Gross sales price a b c 782 298. 900 000. 895 476. d 1 , 100 , 000. e f 750 000. 900 000. (f) Depreciation allowed (or allowable) (g) Cost or other basis plus expense of sale 1 , 968 , 242. , , , , , , 734 763 851 367 099 440 , , , , , , 332 442. 242 886. 251. Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (I) F.M.V. as of 12/31/69 (j) Adjusted basis as of 12/31/69 VARIOUS VARIOUS 50 , 317. <834 , 287.: <868 , 413.: <751 , 939.: <617 , 685.: <2 , 199 , 883.: <1 , 471 , 767.: <56 , 236.: 15 , 136. 17 , 836. <15 , 522.: <89 , 556.: 1 , 016. <739. : 251. 287. 889. 939. 685. 883. 009. h k 1 m n o VARIOUS VARIOUS 01 / 28 / 06 02/20 / 09 09 / 13 / 07 02 / 20 / 09 12 / 28/05 02 / 20 / 09 VARIOUS 02 / 20 / 09 VARIOUS 02 / 20 / 09 ARIOUS 02 / 20 / 09 (h) Gain or (loss) (e) plus (f) minus (g) 731 981. 1 1 1 1 3 3 (I) Losses (from col. (h)) Gains (excess of col. (h) gain over col. (k), but not less than '-0-") (k) Excess of col. (i) over col. (1), if any a b c d e f 50 <834 868 <751 <617 , , , , , 317. 287. 413. : 939. 685. <2 , 199 , 883. <1 , 471 , 767. h <56 15 17 <15 <89 1 k 1 m n 0 2 Capital gain net income or ( net capital loss ) 3 (d) Date sold (mo., day, yr.) If (leo , enter in Part t line 7 If (loss) , enter'- 0 ' in Part I , line 7 1 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 2 3 923591 04-24-09 16 , 236. , 136. , 836. , 522. , 556. , 016. <739. 251. <6 , 821 , 471. N/A THE JESUS FUND FORM 990-PF 86-1108441 INTEREST ON SAVINGS AND TEMPORARY CASH INVESTMENTS STATEMENT AMOUNT SOURCE 113,284. 1,685. 42,263. 1,539. DOULOS MINISTRIES MORGAN STANLEY NB CROSSROADS FUND XVIII NB CROSSROADS FUND XVIII TOTAL TO FORM 990-PF, PART I, LINE 3, 158,771. COLUMN A DIVIDENDS AND INTEREST FROM SECURITIES FORM 990-PF PART I, COLUMN (A) AMOUNT 19,172. 66,217. 881. 15,357. 4,252. 159,142. 2,417. 19,172. 65,966. 267,438. 251. 267,187. 4,252. 159,142. 2,417. LN 4 OTHER INCOME FORM 990-PF STATEMENT (A) REVENUE PER BOOKS DESCRIPTION <405.> (B) NET INVESTMENT INCOME 48,870. 48,870. 298,191. 0. TOTAL TO FORM 990-PF, 346,656. 48,465. LINE 11 17 3 (C) ADJUSTED NET INCOME <405.> NB CROSSROADS FUND XVIII OTHER INCOME - MS AIP GLOBAL DIV FUND N/T INCOME FROM PASS-THROUGH ENTITIES PART I, 2 0. 0. 0. 0. 0. 0. 251. 881. 15,357. CHARLES SCHWAB NB CROSSROADS FUND XVIII NB CROSSROADS FUND XVIII STEPHENS, INC. STEPHENS, INC. STERLING GROUP PARTNERS II UBS STATEMENT CAPITAL GAINS DIVIDENDS GROSS AMOUNT SOURCE TOTAL TO FM 990-PF, 1 STATEMENT(S) 1, 2, 3 THE JESUS FUND 86-1108441 OTHER PROFESSIONAL FEES FORM 990-PF (A) EXPENSES PER BOOKS DESCRIPTION STATEMENT (B) NET INVESTMENT INCOME (C) ADJUSTED NET INCOME 4 (D) CHARITABLE PURPOSES INVESTMENT MANAGEMENT 175,832. 175,832. 0. TO FORM 990-PF, PG 1, LN 16C 175,832. 175,832. 0. TAXES FORM 990-PF (A) EXPENSES PER BOOKS DESCRIPTION STATEMENT (B) NET INVESTMENT INCOME (C) ADJUSTED NET INCOME 5 (D) CHARITABLE PURPOSES FEDERAL EXCISE TAXES FOREIGN TAXES PAID <18,219.> 954. <18,219.> 954. 0. 0. TO FORM 990-PF, <17,265.> <17,265.> 0. PG 1, LN 18 FORM 990-PF OTHER EXPENSES (A) EXPENSES PER BOOKS DESCRIPTION STATEMENT (B) NET INVESTMENT INCOME (C) ADJUSTED NET INCOME 6 (D) CHARITABLE PURPOSES OTHER INVESTMENT EXPENSES 65,325. 65,006. 0. TO FORM 990-PF, PG 1, LN 23 65,325. 65,006. 0. FORM 990-PF CORPORATE STOCK DESCRIPTION BOOK VALUE STOCKS TOTAL TO FORM 990-PF, STATEMENT PART II, LINE 10B 18 7 FAIR MARKET VALUE 3,512,965. 5,557,027. 3,512,965. 5,557,027. STATEMENT (S) 4, 5, 6, 7 86-1108441 THE JESUS FUND OTHER INVESTMENTS FORM 990-PF VALUATION METHOD DESCRIPTION FMV COST MUTUAL FUNDS LIMITED PARTNERSHIPS TOTAL TO FORM 990-PF, PART II, LINE 13 19 STATEMENT BOOK VALUE 8 FAIR MARKET VALUE 5,018,581. 14,365,846. 4,763,035. 22,702,934. 19,128,881. 17,684,353. STATEMENT(S) 8