Iefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - Return of Private Foundation or Section 4947(a)(1) Trust Treated as Private Foundation I- Do not enter Social Security numbers on this form as it may be made public. By law, the Department of the Treasury Internal Revenue Servrce For calendar year 2013, or tax year beginning 01-01-2013 IRS cannot redact the information on the form. I- Information about Form and its instructions is at and ending 12-31-2013 OMB No 1545-0052 Open to Public Inspection Name of foundation KNOWLEDGE AND PROGRESS FUND INC 0/0 KARA WORTH IN GTON 54- 1899251 A Employer identi?cation number Number and street (or 0 box number if mail is not delivered to street address) PO BOX 2256 Surte Room/surte (316) 828?6847 Telephone number (see Instructions) City or town, state or provrnce, country, and ZIP or foreign postal code WICHITA, KS 67201 _Initia return Final return _Address change Check all that apply mended return Name change _Initia return ofa former public charity Check type oforganization FSection 501(c)(3) exempt private foundation _Section 4947(a)(1) nonexempt charitable trust _Other taxable private foundation Accounting method Other (specrfy) I Fair market value ofall assets at end of year (from Part II, col. line16)ll"$ 19,393,014 Cash I7 Accrual (Part I, column must be on cash basrs.) If exemption application IS pending, check here I- 1. Foreign organizations, check here I- 2. Foreign organizations meeting the 85% test, check here and attach computation If private foundation status was terminated under section check here If the foundation ism a 60?month termrnation under section check here Analysis of Revenue and Expenses (The total of amounts In columns and may not Revenue and expenses per Net Investment Adjusted net Disbursements for cha rita ble necessanly equal the amounts in column (see books Income Income purposes (caSh OHIY) 1 Contributions, gifts, grants, etc received (attach 0 schedule) 2 Check It 7 if the foundation is not requrred to attach 3 Interest on and temporary cash investments 83 83 4 DIVldendS and interest from securities. 180,135 180,135 5a Gross rents Net rental income or (loss) 6a Net gain or (loss) from sale ofassets not on line 10 299,707 Gross sales price for all assets on line 6a 5,857,263 7 Capital gain net income (from Part IV, line 2) 299,707 8 Net short-term capital gain Income modifications 103 Gross sales less returns and allowances Less Cost ofgoods sold Gross profit or (loss) (attach schedule) . 11 Otherincome (attach schedule) . 5 12 Total. Add lines 1 through 11 479,930 479,925 13 Compensation of officers, directors, trustees, etc 0 14 Other employee salaries and wages 15 Pensron plans, employee benefits 16a Legal fees (attach schedule). . a Accounting fees (attach schedule). . 5,361 0 0 5,361 Other professronal fees (attach schedule) . 716 578 138 17 interest . 5,458 5.458 a 13 Taxes (attach schedule) (see instructions) IE 4'326 19 Deprecration (attach schedule) and depletion 20 Occupancy 21 Travel, conferences, and meetings . 22 Printing and publications . . 23 Other expenses (attach schedule). . 41,767 41,287 480 24 Total operating and administrative expenses. E- Add lines 13 through 23 57,628 47,323 0 5,979 CI 25 Contributions, gifts, grants paid . 4,850,000 4,850,000 25 Total expenses and disbursements. Add lines 24 and 4'907'628 47'323 0 4'855'979 25 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements 4,427,698 Net investment income (if negative, enter -0-) 432,602 (3 Adjusted net income (if negative, enter -0-) For Paperwork Reduction Act Notice, see instructions. Cat No 11289X Form 990-PF (201 3) Form Page2 Balance Sheets Attached schedules and amounts In the description column 0f Year End Of Year should be for end of year amounts only (See Instructions Book Va ue Book Value Fair Market Value Cash?non-interest-bearing . 130,945 9,553 9,553 Savmgs and temporary cash investments 1,513,106 1,796,117 1,796,117 Accounts receivable Less allowance for doubtful accounts It 4 Pledges receivable It Less allowance for doubtful accounts Grants receivable Receivables due from officers, directors, trustees, and other disqualified persons (attach schedule) (see instructions) 7 Other notes and loans receivable (attach schedule) It Less allowance for doubtful accounts 8 Inventories for sale or use 53. 9 Prepaid expenses and deferred charges . 10a Investments?U and state government obligations (attach schedule) Investments?corporate stock (attach schedule). (3 Investments?corporate bonds (attach schedule). 11 Investments?land, and eqUIpment ba5is Less accumulated depreCIation (attach schedule) 12 Investments?mortgage loans 13 Investments?other (attach schedule) 16,261,510 17,580,532 14 Land, bUIldings, and eqUIpment It Less accumulated depreCIation (attach schedule) It 15 Other assets (describe It 0E 5:812 16 Total assets (to be completed by all filers?see the instructions Also, see page 1, item I) 22,506,051 18,073,992 19,393,014 17 Accounts payable and accrued expenses 4,361 0 13 Grants payable . 19 Deferred revenue 20 Loans from officers, directors, trustees, and other disqualified persons 21 Mortgages and other notes payable (attach schedule) 3 22 Other liabilities (describe 23 Total liabilities (add lines 17 through 22) 4,361 0 Foundations that follow SFAS 117, check here 7 and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted . 22,501,690 18,073,992 25 Temporarily restricted 26 Permanently restricted Foundations that do not follow SFAS 117, check here It and complete lines 27 through 31. 27 Capital stock, trust prinCIpal, or current funds . 23 Paid-in or capital surplus, or land, and eqUIpment fund 29 Retained earnings, accumulated income, endowment, or other funds ?1 30 Total net assets or fund balances (see page 17 ofthe instructions) . 22,501,690 18,073,992 31 Total liabilities and net assets/fund balances (see page 17 of the instructions) 22,506,051 18,073,992 Analysis of Changes in Net Assets or Fund Balances 1 Total net assets or fund balances at beginning ofyear?Part II, column line 30 (must agree With end-of-yearfigure reported on prioryear's return) 1 22,501,690 2 Enteramountfrom PartI,line 27a 2 -4,427,698 3 Other increases not included in line 2 (itemize) It 3 4 Addlines 1,2,and3 4 18,073,992 5 Decreases not included in line 2 (itemize) It 5 6 Total net assets orfund balances at end ofyear(line4 minus (b),line 3O 6 18,073,992 Form 990-PF (2013) Form 990-PF (2013) Part IV Capital Gains and Losses for Tax on Investment Income Page 3 LIst and describe the kInd(s) of property sold (e real estate, Date achIred Date sold 2-story brIck warehouse, orcommon stock,200 MLC Co) (mo,day,yr) (mo,day,yr) D?DonatIon 1a EFPRP Gross sales rlce DepreCIatIon allowed (9) Cost or other GaIn or (loss) (or allowable) plus expense ofsale plus mInus a 5,857,263 5,557,556 299,707 Complete only for assets showmg gaIn In column and owned by the foundation on 12/31/69 Adjusted baSIs Excess ofcol (I) as Of12/31/69 as of12/31/69 overcol (J), Ifany (I) GaIns (Col gaIn mInus col but not less than -O-) or Losses (from col a 299,707 IfgaIn, also enter In Part I, Me 7 2 Ca Ital aIn net Income or net ca Ital loss - - 9 0 In PartI, Ine7 2 299,707 3 Net short-term capItal gaIn or (loss) as de?ned In sectIons 1222(5) and (6) IfgaIn, also enter In Part I, lIne 8, column (see InstructIons) If (loss), enter -0- In PartI, Ine8 3 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) IfsectIon 4940(d)(2) appIIes, leave thIs part blank Was the foundatIon lIable for the sectIon 4942 tax on the dIstrIbutable amount ofany year In the base perIod? Yes I7 No If "Yes," the foundatIon does not quaIIfy under sectIon 4940(e) Do not complete thIs part 1 Enter the approprIate amount In each column for each year, see page 18 ofthe InstructIons before makIng any entrIes Base perIOd years calendar Ad usted uaIIf In dIstrIbutIons Net value of noncharItable?use assets D'Str'bUtlon rath year (or tax year begInnIng In) 9 (col dIVlded by col 2012 802,617 25,944,027 0 030936 2011 25,273 22,130,774 0001142 2010 2,017,454 22,620,464 0 089187 2009 14,976 21,179,307 0 000707 2008 1,247,860 24,163,535 0 051642 0173614 3 Average dIstrIbutIon who for the 5-year base perIod?dIVIde the total the number ofyears the foundatIon has been In eXIstence Ifless than 5 years . 3 0 034723 4 Enterthe net value ofnoncharItable-use assets for 2013 from Part X, Ine 5. 4 21,643,545 5 MultI lIne4 Me 3. 5 751,529 6 Enter 1% of netInvestmentIncome ofPartI, Ine 27b). 6 4,326 7 AddlIne55and 6. 7 755,855 8 Enter quaIIfyIng dIstrIbutIons from Part XII, lIne 4. 8 4,855,979 IflIne 8 Is equal to or greater than Me 7, check the box In Part VI, lIne 1b, and complete that part usmg a 1% tax rate See the Part VI InstructIons Form 990-PF (2013) Form 990-PF (2013) Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948?see page 18 of the instructions) 1a gnu.?th menu 10 11 a 1 8a 10 Page 4 Exempt operatIng foundatIons descrIbed In sectIon 4940(d)(2), check here and enter on Me 1 Date of rullng or determInatIon letter (attach copy of letter if necessary?see inst ruct ions) DomestIc foundatIons that meet the sectIon 4940(e) reqUIrements In Part V, check 1 4326 here 7and enter 1% ofPart I, lIne 27b All other domestIc foundatIons enter 2% of lIne 27b Exempt foreIgn organIzatIons enter 4% of Part I, Me 12, col Tax under sectIon 511 (domestIc sectIon 4947(a)(1) trusts and taxable foundatIons only Others enter -0-) 2 Add lInesland 2. 4,326 Suthtle A (Income) tax (domestIc sectIon 4947(a)(1)trusts and taxable foundatIons only Others enter -0-) Tax based on investment income. Subtract Me 4 from Me 3 Ifzero or less, enter -4,326 CredIts/Payments 2013 estImated tax payments and 2012 overpayment credIted to 2013 6a 11,138 Exempt foreIgn organIzatIons?tax WIthheld at source . 6b Tax paId WIth appIIcatIon forextenSIon oftIme to ?le (Form 8868) BC 5,000 Backup WIthholdIng erroneously WIthheld . 6d TotalcredIts and payments AddlInes 6a through 6d16,138 Enter any penalty for underpayment ofestImated tax Check here If Form 2220 Is attached Tax due. Ifthe total ofIInes 5 and 8 Is more than Me 7, enter amount owed . . . . . . . 9 Overpayment. If Me 7 Is more than the total of ?ms 5 and 8, enter the amount overpaid. It 10 1 1,812 Enter the amount of Me 10 to be Credited to 2014 estimated tax 11,812 Refunded It 11 Statements Regarding Activities DurIng the tax year, dId the foundation attempt to Influence any natIonal, state, or local legIslatIon or dId Yes No It partICIpate or Intervene In any po ItIcal campaIgn? 1a No It spend more than $100 durIng the year (eIther dIrectly or IndIrectly) for po ItIcal purposes (see page 19 of the InstructIons for defInItIon)? 1b No If the answer Is "Yes" to 1a or ID, attach a detailed descrIptIon of the actIVItIes and copIes of any materIals published or dIstrIbuted by the foundatIon In connectIon WIth the acthtIes. the foundatIon ?le Form 1120-POL for thIs year?). 1c No Enter the amount (Ifany) of tax on po ItIcal expendItures (sectIon 4955) Imposed durIng the year (1) On the foundatIon (2) foundatIon managers It Enter the reImbursement (Ifany) paId by the foundatIon durIng the yearfor po ItIcal expendIture tax Imposed on foundatIon managers It Has the foundatIon engaged In any actIVItIes that have not preVIously been reported to the 2 No If "Yes," attach a detaI/ed description of the actIVIttes. Has the foundatIon made any changes, not preVIously reported to the IRS, In Its governIng Instrument, artIcles of IncorporatIon, or bylaws, or other Instruments? If "Yes," attach a conformed copy of the changes 3 No the foundatIon have unrelated busmess gross Income of$1,000 or more durIng the year?). 4a No If "Yes," has It ?led a tax return on Form 990-T for thIs year?). 4b Was there a quUIdatIon, termInatIon, dIssolutIon, or substantIal contractIon durIng the year? . 5 No If "Yes," attach the statement reqUIred by General I nstructlon T. Are the reqUIrements ofsectIon 508(e) (relatIng to sectIons 4941 through 4945) satIsted eIther By language In the governIng Instrument, or By state legIslatIon that effectIvely amends the governIng Instrument so that no mandatory dIrectIons that coanIct WIth the state law remaIn In the governIng Instrument? 6 Yes the foundatIon have at least $5,000 In assets at any tIme durIng the year? If "Yes,"complete Part II, col. and Part XV. 7 Yes Enter the states to the foundatIon reports or WIth It Is regIstered (see InstructIons) FDE, KS Ifthe answer Is "Yes" to lIne 7, has the foundatIon furnIshed a copy of Form 990-PF to the Attorney General (or deSIgnate) ofeach state as reqUIred by General InstructIon If attach explanatlon . 8b Yes Is the foundatIon claImIng status as a prIvate operatIng foundatIon WIthIn the meanIng ofsectIon or 4942(J)(5)for calendar year 2013 or the taxable year begInnIng In 2013 (see InstructIons for Part If "Yes," complete Part XIV 9 No any persons become substantIal contrIbutors durIng the tax year? If "Yes," attach theIr names and addresses. 10 N0 Form 990-PF (2013) Form Page5 Statements Regarding Activities (continued) 11 At any tIme durIng the year, dId the foundatIon, dIrectly or IndIrectly, own a controlled entIty WIthIn the (seeInstructIonsthe foundatIon make a dIstrIbutIon to a donor adVIsed fund over the foundatIon or a person had adVIsory prIVIleges? If"Yes," attach statement (see InstructIonsthe foundatIon comply WIth the pubIIc InspectIon reqUIrements for Its annual returns and exemptIon appIIcatIon? 13 Yes WebSIte address 14 The books are In care W0 RTHINGTON Telephone no Located at F4111 37TH ST KS h67220 15 Section 4947(a)(1) nonexempt charItable trusts fIlIng Form 990-PF In lIeu of Form 1041 heck here . . It and enterthe amount of tax-exempt Interest recered or accrued durIng the year . . . . . . I 15 I 16 At any tIme durIng calendar year 2013, dId the foundation have an Interest In or a SIgnature or other authorIty over Yes No a bank, securItIes, or otherfInanCIal account In a foreIgn country? 16 No See InstructIons for exceptIons and fIlIng reqUIrements for Form TD 90-22 1 If"Yes", enter the name ofthe foreIgn country It 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. Yes No 1a DurIng the year dId the foundatIon (eIther dIrectly or IndIrectly) (1) Engage In the sale or exchange, or leasmg of property WIth a person? Yes I7 No (2) Borrow money from, lend money to, or otherWIse extend credIt to (or accept It fromI_Yes 7No (3) FurnIsh goods, serVIces, to (or accept them from) a person? I7 Yes No (4) Pay compensatIon to, or pay or reImburse the expenses of, a person? Yes I7 No (5) Transfer any Income or assets to a person (or make any ofeIther avaIIable for the bene?t or use ofa person)?. . . . . . . . . . . . . . . . . Yes I7 No (6) Agree to pay money or property to a government offICIal? (Exception. Check "No" Ifthe foundatIon agreed to make a grant to or to employ the offICIal for a perIod aftertermInatIon ofgovernment serVIce,IftermInatIng WIthIn 90 daysI_Yes I7 No Ifany answer Is "Yes" to dId any ofthe acts fall to quaIIfy under the exceptIons descrIbed In RegulatIons sectIon 53 or In a current notIce regardIng dIsaster aSSIstance (see page 20 ofthe InstructIons)?. . . 1b No OrganIzatIons relyIng on a current notIce regardIng dIsasteraSSIstance check herethe foundatIon engage In a prIor year In any ofthe acts descrIbed In 1a, other than excepted acts, that were not corrected before the ?rst day ofthe tax year begInnIng In 2013Taxes on faI ure to dIstrIbute Income (sectIon 4942) (does not apply for years the foundatIon was a prIvate operatIng foundatIon de?ned In sectIon or4942(J)(5)) a At the end of tax year 2013, dId the foundatIon have any undIstrIbuted Income (lInes 6d and 6e, Part year(s) begInnIng before 2013If"Yes," lIst the years It 20_ 20_ 20_ 20_ Are there any years lIsted In 2a for the foundatIon IS not applyIng the pl'OVlSlonS ofsectIon 4942(a)(2) (relatIng to Incorrect valuatIon ofassets) to the year's undIstrIbuted Income? (IfapplyIng sectIon 4942(a)(2) to allyears lIsted, answer "No" and attach statement?see InstructIons . . . . . . . . . . . . . . 2b Ifthe prOVISIons ofsectIon 4942(a)(2) are beIng appIIed to any of the years lIsted In 2a, lIst the years here It 20_, 20_ 20_ 20 3a the foundatIon hold more than a 2% dIrect or IndIrect Interest In any busmess enterprIse at anytImedurIngtheyear'I_Yes If"Yes," dId It have excess busmess holdIngs In 2013 as a result of(1) any purchase by the foundatIon or persons after May 26, 1969, (2) the lapse of the 5-year perIod (or longer perIod approved by the CommIssmner under sectIon 4943(c)(7)) to dIspose of holdIngs achIred by or bequest, or (3) the lapse of the 10-, 15-, or 20-year ?rst phase holdIng perIod? (Use Schedule C, Form 4720, to determIne If the foundation had excess busmess holdings In 2013.). . . . . . . . . . . . . . . . . . . . 3b 4a the foundatIon Invest durIng the year any amount In a manner that would JeopardIze Its charItable purposes? 4a No the foundatIon make any Investment In a prIor year (but after December 31, 1969)that could JeopardIze Its charItable purpose that had not been removed from Jeopardy before the ?rst day ofthe tax year begInnIng In 2013? 4b No Form 990-PF (2013) Form 990-PF (2013) Part VII-B Statements Regarding Activities for Which Form 4720 May Be Required (continued) 5a 6a 7a Page 6 Durlng the year the foundatlon pay or Incur any amount to (1) Carry on propaganda, or otherWIse attempt to Influence leglslatlon (sectlon 4945(e))? Yes I7 No (2) Influence the outcome ofany speCIfIc publlc electlon (see sectlon 4955), or to carry on, dlrectly or Indlrectly, any voter drlve?. Yes I7 No (3) Prowde a grant to an IndIVIdual for travel, study, or other purposes? Yes I7 No (4) Prowde a grant to an organlzatlon other than a charltable, etc organlzatlon In sectlon 509(a)(1), (2), or (3), or sectlon 4940(d)(2)? (see Instructlons). Yes I7 No (5) Prowde for any purpose other than rellglous, charltable, sCIentIfIc, IIterary, or educatlonal purposes, orfor the preventlon ofcruelty to or anlmals7. Yes I7 No Ifany answer Is "Yes" to any ofthe transactlons fall to quallfy under the exceptlons In Regulatlons sectlon 53 4945 or In a current notlce dlsaster aSSIstance (see Instructlons)? . Organlzatlons on a current notlce dlsaster aSSIstance check here. Ifthe answer IS "Yes" to questlon 5a(4), does the foundatlon claIm exemptlon from the tax because It maIntaIned expendlture for the grant'r?. . Yes No If "Yes," attach the statement reqUIred by Regulations section the foundatlon, durlng the year, recelve any funds, dlrectly or Indlrectly, to pay premlums on a personal bene?t contract'r?. Yes I7 No the foundatlon, durlng the year, pay premlums, dlrectly or Indlrectly, on a personal bene?t contract?). If "Yes to 6b, file Form 8870. At any tIme durlng the tax year, was the foundatlon a party to a tax sheltertransactlon? Yes I7 No Ifyes, the foundatlon recelve any proceeds or have any net Income to the transactlon? . 5b 6b No 7b and Contractors 1 List all officers, directors, trustees, foundation managers and their compensation (see instructions). Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees, to employee bene?t plans and deferred compensatlon TItle, and average Compensatlon hours per week (If not paid, enter devoted to pOSItIon -0-) Name and address Expense account, other allowances See Data Table 2 Compensation of five highest-paid employees (other than those included on line 1?see instructions). If none, enter Name and address ofeach employee to employee bene?t plans and deferred compensatlon TItle, and average hours per week devoted to pOSItIon pald more than $50,000 compensatlon Expense account, other allowances . . . . . . . . . . . . . . . . . . Form 990-PF (2013) Form Page7 Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees, and Contractors (continued) 3 Five highest-paid independent contractors for professional services (see instructions). If none, enter Name and address ofeach person paid more than $50,000 Type ofserVIce Compensation Total number of others receivm over 50 000 for rofessmnal serVIces. 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 1 2 3 4 Summary of Program-Related Investments (see instructions) Describe the two largest program?related investments made by the foundation during the tax year on lines 1 and 2 A mount 1 Expenses All other program-related investments See page 24 ofthe instructions 3 Form 990-PF (2013) Form Pages Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see Instructions.) 1 Fair market value ofassets not used (or held for use) directly in carrying out charitable, etc purposes a Average fair market value ofsecurities. 1a 19,333,404 Average of cash balances. 1b 2,639,738 Fair market value ofall other assets (see instructions). 1c 0 Total (addlines 1a,b,andc). 1d 21,973,142 Reduction claimed for blockage or otherfactors reported on lines 1a and 1c (attach detailed explanation). I 1e I 2 AchISItion indebtedness applicable to line 1 assets. 2 0 3 Subtract line 2 from line 1d. 3 21,973,142 4 Cash deemed held for charitable actIVIties Enter 1 1/2% ofline 3 (for greater amount, see instructions). 4 329,597 5 Net value of noncharitable-use assets. Subtract line 4 from line 3 Enter here and on Part V, line 4 5 21,643,545 Minimum investment return. Enter 5% of line 5. 6 1,082,177 certain foreign organizations check here It and do not complete this part.) Distributable Amount (see instructions) (Section and private operating foundations and 1 Minimum investment return from Part X,line 6. 1 1,082,177 2a Tax on investmentincome for 2013 from PartVI,line 5. 2a 4,326 Income tax for 2013 (This does notinclude the tax from Part VI 2b Add lines 2a and 2b. 2c 4,326 3 Distributable amount before adjustments Subtract line 2c from line 1. 3 1,077,851 4 Recoveries ofamounts treated as qualifying distributions. 4 5 Add lines3and 4. 5 1,077,851 6 Deduction from distributable amount (see instructions). 6 7 Distributable amount as adjusted Subtract line 6 from line 5 Enter here and on Part line 1. 7 1,077,851 Qualifying Distributions (see instructions) 1 Amounts paid (including administrative expenses) to accomplish charitable, etc purposes Expenses, contributions, gifts, etc ?total from Part I, column line 26. 1a 4,855,979 Program-related investments?total from Part IX-B. 1b 0 2 Amounts paid to achIre assets used (or held for use) directly in carrying out charitable, etc purposes. 2 0 3 Amounts set aSIde for speCIfic charitable prOJects that satisfy the SUItability test (prior IRS approval reqUIred). 3a 0 Cash distribution test (attach the reqUIred schedule). 3b 0 Qualifying distributions.Add lines 1a through 3b Enter here and on Part V,line 8,and Part 4 4,855,979 5 Foundations that qualify under section 4940(e) for the reduced rate oftax on net investment income Enter 1% ofPart I, line 27b (see instructions). 5 4,326 6 Adjusted qualifying distributions. Subtract line 5 from line 4. 6 4,85 1,653 Note: The amount on line 6 Will be used in Part V, column in subsequent years when calculating whether the foundation qualifies for the section 4940(e) reduction oftax in those years Form 990-PF (2013) Form 990-PF (2013) Undistributed Income (see InstructionsPage 9 Distributable amount for 2013 from Part XI, Undistributed income, ifany, as ofthe end 0 Enteramount for 2012 only. . . 2011 2010 2 Excess distributions carryover ifany, to 20 From 2008. Total for prior years line7 f2013 009 13 Corpus Years prior to 2012 2012 2013 1,077,851 1,178,510 From 2009. From 2010. From 2011. From 2012. Totaloflines 3a through e. . . . . . Qualifying distributions for 2013 from Part 4,855,979 Applied to 2012, but not more than line 2a Applied to undistributed income of prior years (Election reqUIred?see instructions). Treated as distributions out ofcorpus (Elect reqUIred?see instructions). Applied to 2013 distributable amount. Remaining amount distributed out of corpus 0n Excess distributions carryover applied to 2013 (If an amount appears In column the same amount must be shown in column Enter the net total of each column as indicated below: Corpus Add lines 3f, 4c, and 4e Subtract line 5 Prior years' undistributed income Subtract line 4b from line 2b . Enter the amount of prior years' undistributed income for which a notice ofdefICIency has been issued, or on which the section 4942(a tax has been preVIously assessed. Subtract line 6c from line 6b Taxable amount ?see instructions . Undistributed income for 2012 Subtract line 4a from line 2a Taxable amount?see instructions . . . . . . . . . Undistributed income for 2013 Subtract lines 4d and 5 from line 1 This amount must be distributed in 2014 . . . Amounts treated as distributions out of corpus to satisfy reqUIrements imposed by section 170(b)(1)(F) or4942(g)(3) (see instructions). . . Excess distributions carryoverfrom 2008 not applied on line 5 or line 7 (see instructions) . Excess distributions carryover to 2014. Subtract lines 7 and 8 from line 6a . Analy5is of line 9 Excess from 2009. 1,178,510 1,077,851 2,599,618 2,599,618 2,599,618 Excess from 2010. Excess from 2011. Excess from 2012. 0 Excess from 2013. 2,599,618 Form 990-PF (2013) Form Page 10 Part XIV Private Operating Foundations (see Instructions and Part question 9) 1a 2a Ifthe foundation has received a ruling or determination letter that it is a private operating foundation, and the ruling is effective for 2013, enter the date ofthe ruling. .F Check box to indicate whether the organization is a private operating foundation described in section or Enter the lesser ofthe adjusted net Tax year Prior 3 years income from PartI or the minimum T?tal 2013 2012 2011 2010 investment return from Part for each yearlisted . 85% ofline 2a. . . . . . Qualifying distributions from Part XII, line 4 for each year listed . Amounts included in line 2c not used directly for active conduct of exempt actIVIties . . . . . . . . ualifying distributions made directly for active conduct ofexempt actIVIties Subtract line 2d from line 2c . Complete 3a, b, or for the alternative test relied upon ?Assets? alternative test?enter (1) Value ofall assets . (2) Value ofassets qualifying under section ?Endowment? alternative test? enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed. ?Support? alternative test?enter (1) Total support otherthan gross investment income (interest, diVidends, rents, payments on securities loans (section or royalties). Support from general public and 5 or more exempt organizations as prowded in section Largest amount ofsupport from an exempt organization (4) Gross investment income Supplementary Information (Complete this part only if the organization had $5,000 or more in assets at any time during the year?see instructions.) (2) (3) Information Regarding Foundation Managers: List any managers ofthe foundation who have contributed more than 2% of the total contributions received by the foundation before the close ofany tax year (but only ifthey have contributed more than $5,000) (See section 507(d)(2)) List any managers ofthe foundation who own 10% or more ofthe stock ofa corporation (or an equally large portion of the ownership ofa partnership or other entity) of which the foundation has a 10% or greater interest Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs: Check here FF ifthe foundation only makes contributions to preselected charitable organizations and does not accept unsolimted requests forfunds Ifthe foundation makes gifts, grants, etc (see instructions) to indIVIduals or organizations under other conditions, complete items 2a, b, c, and The name, address, and telephone number ofthe person to whom applications should be addressed The form in which applications should be submitted and information and materials they should include Any submi55ion deadlines Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other factors Form 990-PF (2013) Form Page 11 Supplementary Information (continued) 3 Grants and Contributions Paid During the Year or Approved for Future Payment Remplent IfreCIpIent IS an IndIVIdual, Foundatlon show any to Purpose ofgrant or status of Amount dd any foundatlon manager rem lent ame an a ress( ome or us'ness) or substantlal a Paid during the year DONORS TRUST PC GENERAL OPERATING 4,850,000 109 NORTH HENRY ST SUPPORT 22314 Total. . . . . 3a 4,850,000 Approved for future payment Total . Form 990-PF (2013) Form Analysis of Income-Producing Activities Page 12 Enter gross amounts unless otherWIse Indicated 1 Program serVIce revenue (Dana-Iii 9 Fees and contracts from government agenCIes 2 Membership dues and assessments. 3 Interest on sayings and temporary cash Investments . 4 DIVIdends and interest from securities. 5 Net rental income or (loss) from real estate a Debt-financed property. Not debt-financed property. . 6 Net rental income or (loss) from personal property . 7 Otherinvestment income. . . 8 Gain or (loss) from sales ofassets other than inventory . 9 Net income or (loss) from speCIaI events 10 Gross profit or (loss) from sales of inventory. 11 Other revenue a MISCELLANEOUS 12 Subtotal Add columns and 13 Total. Add line 12, columns and See worksheet in line 13 instructions to veri Relationshi Line No. instructions Unrelated busmess income Excluded by section 512, 513, or 514 calculations Related or exempt function income Busmess (See Amount Exc u5ion code Amount COde instructions) 14 83 14 180,135 18 299,707 5 479,925 5 13 479,930 of Activities to the Accom lishment of Exem Pur oses Explain below how each actIVIty for which income is reported in column ofPart XVI-A contributed importantly to the accomplishment ofthe foundation?s exempt purposes (other than by prowding funds for such purposes) (See Form 990-PF (2013) Form Page 13 Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations 1 the organIzatIon dIrectly or IndIrectly engage In any ofthe followmg 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 polltIcal Yes No organIzatIons? a Transfers from the reportIng foundatIon to a noncharItable exempt organIzatIon of (1) Cash. 1a(1) No (2) Other assets. 1a(2) No Other transactIons (1) Sales ofassets to a noncharItable exempt organIzatIon. 1b(1) No (2) Purchases ofassets from a noncharItable exempt organIzatIon. . 1b(2) No (3) Rental of eqUIpment, or other assets. 1b(3) No (4) ReImbursement arrangements. 1b(4) No (5) Loans or loan guarantees. 1b(5) No (6) Performance ofserVIces or membershIp or fundraISIng so ICItatIons. 1b(6) No SharIng of eqUIpment, lIsts, other assets, or paId employees. 1c No Ifthe answer to any of the above IS "Yes," complete the followmg schedule Column should always show the faIr market value of the goods, other assets, or serVIces gIven by the reportIng foundatIon Ifthe foundatIon recered less than faIr market value In any transactIon or sharIng arrangement, show In column the value ofthe goods, other assets, or serVIces recered a LIne No Amount Involved Name of noncharItable exem anIzatlon Den of transfers, transactIons, and sha arra ements 2a Is the foundatIon dIrectly or IndIrectly WIth, or related to, one or more tax-exempt organIzatIons descrIbed In sectIon 501(c) ofthe Code (other than sectIon 501(c)(3)) or In sectIon 5277. If"Yes," complete the followmg schedule Name of organIzatlon Type of organIzatlon . _Yes FNO DescrIptIon of relatIonshIp Under penaltIes of perjury, I declare that I have examIned thIs return, IncludIng schedules and statements, and to the best of my knowledge and beIIef, It Is true, correct, and complete DeclaratIon of preparer (other than taxpayer orfIdUCIary) Is based on all InformatIon of preparer has any knowledge Here 2014-11-15 MaytheIRSdIscussthIs return the preparer shown below SIgnature of of?cer or trustee Date TItle (seemstr)7I7Yesl_No PrInt/Type preparer's name Preparer's SIgnature Date lfsew PTIN Paid ELIZABETHSHOGAN employedI-I? P00273248 Preparer Use FIrm's name I- BKD LLP FIrm's EIN I- Only FIrmsaddress II- 1551 NWATERFRONT PKWY STE 300 WICHITA, Phone no (316)828-6847 KS 672066601 Form 990-PF (2013) Form 990PF Part Line 1 - List all officers, directors, trustees, foundation managers and their compensation Name and address Title, and average Compensation Contributions to Expense account, hours per week (If not paid, enter employee benefit other allowances devoted to pOSItion -0-) plans and deferred compensation RICHARD FINK 0 0 0 1 1515 COURTHOUSE RD SUITE 200 22201 LOGAN MOORE SECRETARY 0 0 0 1 0 1515 COURTHOUSE RD SUITE 200 22201 HEATHER LOVE TREASU RER 0 0 PO BOX 2256 1 67201 CHARLES KOCH DIRECTO 0 0 PO BOX 2256 25 67201 ELIZABETH KOCH DIRECTO 0 0 0 PO BOX 2256 0 25 67201 CHARLESC KOCH DIRECTOR 0 0 PO BOX 2256 25 67201 lefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - TY 2013 Accounting Fees Schedule Name: KNOWLEDGE AND PROGRESS FUND INC EIN: 54-1899251 Category Amount Net Investment Adjusted Net Disbursements for Income Income Charitable Purposes FEES 5,361 5,361 lefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - DLN: 93491321006244 Note: To capture the full content of this document, please select landscape mode (11" when printing. TY 2013 Depreciation Schedule Name: KNOWLEDGE AND PROGRESS FUND INC EIN: 54-1899251 lefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - DLN: 93491321006244I TY 2013 Investments - Land Schedule Name: KNOWLEDGE AND PROGRESS FUND INC EIN: 54-1899251 lefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - DLN: 93491321006244I TY 2013 Investments - Other Schedule Name: KNOWLEDGE AND PROGRESS FUND INC EIN: 54-1899251 Category/ Item Listed at Cost or Book Value End of Year Fair FMV Market Value GLEACHER DIVERSIFIED FUND 53,012 60,918 EFPRP 16,208,498 17,519,614 lefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - DLN: 93491321006244I TY 2013 Land, Etc. Schedule Name: KNOWLEDGE AND PROGRESS FUND INC EIN: 54-1899251 lefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - DLN: 93491321006244I TY 2013 Other Assets Schedule Name: KNOWLEDGE AND PROGRESS FUND INC EIN: 54-1899251 Description Beginning of Year - End of Year - Book End of Year - Fair Book Value Value Market Value PREPAID EXCISE TAX 0 6,812 6,812 lefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - DLN: 93491321006244I TY 2013 Other Expenses Schedule Name: KNOWLEDGE AND PROGRESS FUND INC EIN: 54-1899251 Description Revenue and Expenses Net Investment Adjusted Net Income Disbursements for per Books Inoome Charitable Purposes INSURANCE 485 485 OTHERINVESTMENT EXPENSES 41,287 41,287 -5 -5 lefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - DLN: 93491321006244I TY 2013 Other Income Schedule Name: KNOWLEDGE AND PROGRESS FUND INC EIN: 54-1899251 Description Revenue And Net Investment Adjusted Net Income Expenses Per Books Income OTHERINCOME-MISCELLANEOUS 5 lefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - TY 2013 Other Professional Fees Schedule Name: KNOWLEDGE AND PROGRESS FUND INC EIN: 54-1899251 Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes INVESTMENT MGMT FEES 578 578 CORP FILING 138 138 lefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - TY 2013 Taxes Schedule Name: KNOWLEDGE AND PROGRESS FUND INC EIN: 54-1899251 Category Amount Net Investment Adjusted Net Disbursements for Income Income Charitable Purposes FEDERAL EXCISE TAX 4,326