lefile GRAPHIC print - DO NOT PROCESS As Filed Data - Form990'PF Department of the Treasury Internal Revenue Servrce For calendar year 2014, or tax year beginning 01-01-2014 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. I- Information about Form and its instructions is at OMB No 1545 -0052 and ending 12-31-2014 Open to Public Inspection Name of foundation The Chase Foundation of Virginia A Employer identi?cation number 54- 1770697 Number and street (or 0 box number if mail IS not delivered to street address) 300 Preston Avenue No 500 Room su ite Telephone number (see Instructions) (434) 293?9104 City or town, state or provrnce, country, and ZIP or foreign postal code VA 229025096 _Initia return Final return mended return _Address change _Name change Check all that apply _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. 17,299,441 I7 Cash Accrual (Part I, column must be on cash basrs.) If exemption application Is pending, check here 1. Foreign organizations, check here 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 IS In a 60-month termination under section check here bl? Analysis of Revenue and Expenses (The Revenue and DIsbursements total of amounts columns and may not expenses per Net Investment Adjusted net for charitable necessarily equal the amounts In column (see books Income Income purposes Instruct/ons) (cash basrs only) 1 Contributions, gifts, grants, etc received (attach schedule) 2 Check 7 ifthe foundation IS not requrred to attach 3 Interest on and temporary cash investments 377 377 DIVldendS and Interest from securities. 230,772 230,772 5a Gross rents Net rental income or( oss) 5 6a Net gain sale ofassets not on line 10 259,631 5 '3 Gross sales price forallassets on line 6a 11,242,430 7 Capital gain net Income (from Part IV, line 2) 259,631 8 Net short-term capital gain 9 Income modifications 103 Gross sales less returns and allowances Less Cost ofgoods sold Gross profit or (loss) (attach schedule) . 11 Other income (attach schedule) . ?89,917 0 12 Total. Add lines 1 through 11 400,863 490,780 13 Compensation of officers, directors, trustees, etc 0 0 0 14 Other employee salaries and wages E: 15 Pensron plans, employee benefits 16a Legal fees (attach schedule). . Accounting fees (attach schedule). . 5,525 0 5,525 Other professronal fees (attach schedule) 17 Interest . 450 450 0 18 Taxes (attach schedule) (see instructions) . 24'849 22 0 19 Deprecration (attach schedule) and depletion 20 Occupancy 5 21 Travel, conferences, and meetings . 10,989 0 10,989 22 Printing and publications . . 23 Other expenses (attach schedule). . 27,286 27,136 150 24 Total operating and administrative expenses. Add lines 13 through 23 69,099 27,608 16,664 25 Contributions, gifts, grants paid . 768,500 768,500 25 Total expenses and disbursements. Add lines 24 and 25 837,599 27,608 785,164 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements -436,736 Net investment income (if negative, enter -0-) 463,172 Adjusted net income (if negative, enter -0-) For Paperwork Reduction Act Notice, see instructions. Cat No 11289X Form 990-PF (2014) Form Page2 Balance Sheets Attached schedules and amounts in the description column Beginning of year End of year should be for end of year amounts only (See Book Va ue Book Value Fair Market Value Cash?non-interest-bearing . 1,392 1,392 Savmgs and temporary cash investments 6,496,172 1,515,346 1,515,346 Accounts receivable 21,744 Less allowance for doubtful accounts 24,162 21,744 21,744 4 Pledges receivable 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) 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) 1,502,031 '5 6,509,396 6,503,030 Investments?corporate stock (attach schedule) . 765,107'? 764,838 657,534 Investments?corporate bonds (attach schedule). 4,933,863? 3,952,312 3,883,484 11 Investments?land, bUIldings, and eqUIpment ba5is Less accumulated depreCIation (attach schedule) 12 Investments?mortgage loans 13 Investments?other (attach schedule) 3,649,083'? 4,176,941 4,716,911 14 Land, and eqUIpment ba5is Less accumulated depreCIation (attach schedule) 15 Other assets (describeF 16 Total assets (to be completed by all filers?see the instructions Also, see page 1, item I) 17,370,418 16,941,969 17,299,441 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 (attach schedule) 22 Other liabilities (describe 23 Total liabilities (add lines 17 through 22) 0 0 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 IE Foundations that do not follow SFAS 117, check here [7 and complete lines 27 through 31. 27 Capital stock, trust prinCIpaI, or current funds . 17,370,418 16,941,969 28 Paid?in or capital surplus,or and, bldg,and eqUIpment fund 0 0 29 Retained earnings, accumulated income, endowment, or otherfunds 0 0 30 Total net assets or fund balances (see instructions) 17,370,418 16,941,969 31 Total liabilities and net assets/fund balances (see instructions) 17,370,418 16,941,969 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 prior year's return) 1 17,370,418 2 Enteramountfrom PartI, ine 27a 2 -436,736 3 Other increases not included in line 2 (itemize) 3 8,287 4 Addlines 1,2,and3 4 16,941,969 5 Decreases not included in line 2 (itemize) 5 0 6 Total net assets orfund balances at end ofyear( ine4 minus line 30 6 16,941,969 Form 990-PF (2014) Form Page3 Part IV Capital Gains and Losses for Tax on Investment Income List and describe the kind(s) of property sold (e real estate, 2?story brick warehouse, or common stock, 200 MLC Co) How achIred P?Purchase D?Donation Date achIred Date sold (mo day, yr) (mo day, yr) 1a See Additional Data Table Gross sales price DepreCIation allowed (or allowable) (9) Cost or other ba5is plus expense ofsale Gain or (loss) plus minus (9) a See Additional Data Table Complete only for assets showmg gain In column and owned by the foundation on 12/31/69 (I) Gams (Co gain minus as owl/69 ?grssizrslizz's a See Additional Data Table Ifgaln, also enter in Part I, line 7 2 Capitalgain netlncome or(net capital loss) In PartI, Ine7 2 259,631 3 Net short?term capital gain or (loss) as defined in sections 1222(5) and (6) Ifgain, also enter In Part 1, 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) applies, leave this part blank Was the foundatlon 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 qualify under section 4940(e) Do not complete part 1 Enter the appropriate amount in each column for each year, see instructions before making any entries Base penOd years calendar Adjusted qualifying distributions Net value of noncharitable?use assets D'Str'bUtlon [atlo year (or tax year beginning in) (col lelded by col 2013 726,227 16,122,489 0 045044 2012 915,292 16,022,305 0 057126 2011 901,364 16,093,242 0 056009 2010 679,764 15,775,048 0 043091 2009 758,875 12,757,047 0 059487 2 Totalofline 2 0 260757 3 Average distribution ratio for the 5-year base period?dwide the total on line 2 by 5, or by the number ofyears the foundation has been in eXIstence ifless than 5 years 3 0 052151 4 Enterthe net value ofnoncharitable-use assets for 2014 from Part X,line 5. 4 17,250,357 5 Multiply line4 byline 3. 5 899,623 6 Enter 1% of net investment income ofPart I, line 27b). 6 4,632 7 Addline55and 6. 7 904,255 8 Enter qualifying distributions from Part XII, line 4. 8 785,164 Ifline 8 is equal to or greater than line 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 (2014) Form 990-PF (2014) Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948?see page 18 of the instructions) 1a 0101 WQN 10 11 a 1 10 Page4 Exempt operatIng foundatIons described In section 4940(d)(2), check here It _and enter on line 1 Date of ruling or determination letter (attach copy of letter if necessary?see instructions) DomestIc foundations that meet the section 4940(e) reqUIrements In Part V, check 1 9,263 here It _and enter 1% ofPart I, line 27b All other domestic foundations enter 2% ofline 27b Exempt foreign organizations enter 4% of Part I, line 12, col Tax under sectIon 511 (domestic section 4947(a)(1) trusts and taxable foundations only Others enter?0?) 2 Add lines 1 and 2. 9,263 Subtitle A (Income) tax (domestic section 4947(a)(1)trusts and taxable foundations only Others enter?0?) Tax based on investment income. Subtract Ine 4 from We 3 Ifzero or less, enter . . . . . 5 9,263 redits/Payments 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 14,760 atsource . . . . . . . 6b Tax paid With application for extenSIon oftIme to ?le (Form 8868Totalcredits andpayments AddlInes 6athrough6d14,760 Enter any penalty for underpayment ofestImated tax Check here IfForm 2220 is attached 8 Tax due. Ifthe total ofIInes 5 and 8 is more than Me 7, enter amount owed . . . . . . . 9 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid. . . 10 5,497 Enter the amount of lIne 10 to be Credited to 2015 estimated tax 5,497 Refunded 11 Statements Regarding Activities 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? 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 1a or 1b, attach a detailed description of the act/Vities and copies of any materials published or distributed by the foundation in connection With the actiwties. Did the foundation ?le Form 1120-POL for thIs year?. Enter the amount (Ifany) of tax on po ItIcal expenditures (section 4955) imposed during the year (1) On the foundation It 0 (2) On foundation managers It 0 Enter the reimbursement (Ifany) paid by the foundation during the yearfor political expenditure tax imposed on foundation managers 0 Has the foundation engaged In any actIVItIes that have not preVIously been reported to the If "Yes," attach a detailed description of the actiwties. 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 Did the foundatIon have unrelated busmess gross Income of$1,000 or more during the year7. If "Yes," has It ?led a tax return on Form 990-T for this year7. Was there a quUIdatIon, termInatIon, dIssolutIon, or substantial contraction during the year? . If "Yes," attach the statement reqUIred by General I nstruction 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? the foundatIon have at least $5,000 In assets at any tIme during the year? If ?Yes,?complete Part II, col. and Part XV. Enter the states to which the foundatIon reports or With which It Is registered (see Instructions) FVA 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 explanation . Is the foundation claiming status as a private operating foundation Within the meaning ofsection or 4942(J)(5)for calendar year 2014 or the taxable year beginning In 2014 (see InstructIons for Part If "Yes," complete Part XI Did any persons become substantial contributors during the tax year? If "Yes," attach aschedu/e listing their names and addressesForm 990-PF (2014) 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 meaning ofsection 512(b)(13)? If"Yes," attach schedule (see instructions). 11 No 12 Did the foundation make a distribution to a donor adVIsed fund over which the foundation or a disqualified person had adVIsory prIVIleges? If"Yes," attach statement (see Instructions) 12 No 13 Did the foundation comply With the public inspection requirements for its annual returns and exemption application? 13 Yes WebSIte address 14 The books are in care ofFDerWOOd 5 Chase Jr Telephone no 293-9104 Located at F300 Preston Avenue 500 Charlotteswlle VA P2 29025096 15 Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 heck here . . and enterthe amount of tax-exempt interest received or accrued during the year . . I 15 I 16 At any time during calendar year 2014, did the foundation have an interest in or a Signature or other authority over Yes No a bank, securities, or other finanCIal account in a foreign country? 16 No See instructions for exceptions and filing reqUIrements for Form 114, Report of Foreign Bank and FinanCIal Accounts (FBA R) If"Yes", enter the name ofthe foreign country 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 disqualified person? Yes I7 No (2) Borrow money from, lend money to, or otherWise extend credit to (or accept it from) a disqualified person'P. Yes I7 No (3) Furnish goods, serVIces, or faCIlities to (or accept them from) a disqualified person? I7 Yes No (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? I7 Yes No (5) Transfer any income or assets to a disqualified person (or make any ofeither available for the benefit or use ofa disqualified 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 for a period after termination ofgovernment serVIce, ifterminating Within 90 days). Yes I7 No Ifany answer is "Yes" to did any of the acts fail to qualify under the exceptions described in Regulations section 53 or in a current notice regarding disaster a55istance (see instructionsOrganizations relying on a current notice regarding disaster a55istance check here. .F Did the foundation engage in a prior year in any ofthe acts described in 1a, other than excepted acts, that were not corrected before the first day of the tax year beginning in 20147. 1c No 2 Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private operating foundation defined in section or4942(J)(5)) a At the end of tax year 2014, did the foundation have any undistributed income (lines 6d and 6e, Part fortax year(s) beginning before 2014?. Yes I7 No If"Yes," list the years It 20_ 20_ 20_ 20_ Are there any years listed in 2a for which the foundation is not applying the prOVI5ions ofsection 4942(a)(2) (relating to incorrect valuation ofassets) to the year's undistributed income? (Ifapplying section 4942(a)(2) to all years listed, answer "No" and attach statement?see instructions . 2b Ifthe prOVI5ions ofsection 4942(a)(2) are being applied to any ofthe years listed in 2a, list the years here It 20_, 20_ 20_ 20 3a Did the foundation hold more than a 2% direct or indirect interest in any busmess enterprise at any time during the year'P. I_Yes I7 No If"Yes," did it have excess busmess holdings in 2014 as a result of(1) any purchase by the foundation or disqualified persons after May 26, 1969, (2) the lapse ofthe 5?year period (or longer period approved by the Commissmner under section 4943(c)(7)) to dispose of holdings achIred by gift or bequest, or (3) the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine If the foundation had excess busmess holdings In 2014.). . . . . . . . . . . . . 3b 4a Did the foundation invest during the year any amount in a manner that would Jeopardize its charitable purposes? 4a No Did 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 first day ofthe tax year beginning in 2014? 4b No Form 990-PF (2014) Form Part VII-B Statements Regarding Activities for Which Form 4720 May Be Required (continued) 5a 6a 7a Page6 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))? Yes I7 No (2) Influence the outcome ofany speCIfic public election (see section 4955), or to carry on, directly or indirectly, any voter registration drive?. Yes I7 No (3) Prowde a grant to an indIVIdual for travel, study, or other Similar purposes? Yes I7 No (4) Prowde a grant to an organization other than a charitable, etc organization described in section 4945(d)(4)(A)? (see instructions). . Yes I7 No (5) Prowde for any purpose other than religious, charitable, sCIentific, literary, or educational purposes, or for the prevention ofcruelty to children or ammals". Yes I7 No Ifany answer is "Yes" to did any of the transactions fail to qualify under the exceptions described In Regulations section 53 4945 or In a current notice regarding disaster a55istance (see instructions)? . Jil? rganizations relying on a current notice regarding disaster a55istance check here. Ifthe answer is "Yes" to question 5a(4), does the foundation claim exemption from the tax because it maintained expenditure responSIbility for the grant7. . Yes No If ?Yes,? attach the statement reqUIred by Regulations sect/on Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract". Yes I7 No Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract'P. If "Yes" to 6b, file Form 8870. At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? Yes I7 No Ifyes, did the foundation receive any proceeds or have any net income attributable to the transaction? . 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, Contributions to employee benefit plans and deferred compensation Title, and average Compensation hours per week (If not paid, enter devoted to p05ition -0-) Name and address Expense account, other allowances See Additional Data Table 2 Compensation of five highest-paid employees (other than those included on line 1?see instructions). If none, enter Contributions to Title, and average Name and address ofeach employee employee benefit Expense account, hours per week Compensation paid more than $50,000 plans and deferred other allowances devoted to pOSItion compensation NONE Total number ofother employees paid over $50,000Form 990-PF (2014) Form and Contractors (continued) 3 Five highest-paid independent contractors for professional services (see instructions). If none, enter Page7 Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees, Name and address ofeach person paid more than $50,000 Type ofserVIce Compensation NONE Total number of others receivmg over$50,000 for professmnal serVIces. 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 Xpenses 1 2 3 4 Part 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 2 All other program-related investments See instructions 3 0 Form 990-PF (2014) 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 15,284,713 Average of cash balances. 1b 2,200,974 Fair market value ofall other assets (see instructions). 1c 27,366 Total (add lines 1a, b, and 1d 17,513,053 Reduction claimed for blockage or other factors reported on lines 1a and 1c (attach detailed explanation). I 1e I 0 2 AchISItion indebtedness applicable to line 1 assets. 2 0 3 Subtract line 2 from line 1d. 3 17,513,053 4 Cash deemed held for charitable actIVIties Enter 1 1/2% ofline 3 (for greater amount, see instructions). 4 262,696 5 Net value of noncharitabIe-use assets. Subtract line 4 from line 3 Enter here and on Part V, line 4 5 17,250,357 Minimum investment return. Enter 5% of line 5. 6 862,518 certain foreign organizations check here I l? 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. 1 862,518 2a Tax on investmentincome for 2014 from PartVI, ine 9,263 Income tax for 2014 (This does notinclude the tax from Part VI 2b Add lines 2a and 2b. 2c 9,263 3 Distributable amount before adjustments Subtract line 2c from line 1. 3 853,255 4 Recoveries ofamounts treated as qualifying distributions. 4 0 5 Add lines3and 4. 5 853,255 6 Deduction from distributable amount (see instructions). 6 0 7 Distributable amount as adjusted Subtract line 6 from line 5 Enter here and on Part line 1. 7 853,255 Qualifying Distributions (see instructions) 1 Amounts paid (including administrative expenses) to accomplish charitable, etc purposes ?totalfrom PartI,column 26. 1a 785,164 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 3 Amounts set aside for speCIfic charitable prOJects that satisfy the SUItability test (prior IRS approval reqUIred). 3a Cash distribution test (attach the reqUIred schedule). 3b Qualifying distributions.Add lines 1a through 3b Enter here and on Part V, ine 8,and Part 4 785,164 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 0 6 Adjusted qualifying distributions. Subtract line 5 from line 4. 6 785,164 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 (2014) Form Page9 Undistributed Income (see Instructions) Corpus Years prior to 2013 2013 2014 1 Distributable amount for 2014 from Part XI, line 7 853,255 2 Undistributed income, ifany, as ofthe end of 2014 a Enteramount for 2013 only. . . . 0 Totalforprioryears 20_, 20_ 0 3 Excess distributions carryover ifany, to 2014 a From 2009. 113,170 From 2010. From 2011. 103.214 From 2012. 125,933 From 2013. . . . . . Total of lines 3a through e. . . 342,317 4 Qualifying distributions for 2014 from Part XII, Iine4 Ir 785,164 a Applied to 2013,but not more thanline 2a 0 Applied to undistributed income of prior years 0 (Election reqUIred?see instructions). Treated as distributions out ofcorpus (Election 0 reqUIred?see instructions). . Applied to 2014 distributable amount. 785,164 Remaining amount distributed out ofcorpus 0 5 Excess distributions carryover applied to 2014 68,091 68,091 (If an amount appears In column the same amount must be shown in column 6 Enter the net total of each column as indicated below: a Corpus Add lines 3f, 4c, and 4e Subtract line 5 274,226 Prior years? undistributed income Subtract line 4bfromline 2bEnter 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. . 0 Subtract line 6c from line 6b Taxable amount ?see instructions . . . . . . . 0 Undistributed income for 2013 Subtract line 4a from line 2a Taxable amount?see instructions . . . . . . . . . 0 Undistributed income for 2014 Subtract lines 4d and 5 from line 1 This amount must be distributed in 2015 . . . 0 7 Amounts treated as distributions out of corpus to satisfy reqUIrements imposed by section 170(b)(1)(F) or4942(g)(3) (Election may be reqUIred see instructions) . . . 0 8 Excess distributions carryoverfrom 2009 not applied on line 5 or line 7 (see instructions) . 45?079 9 Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a . 229'147 10 Ana y5is ofline 9 a Excess from 2010. Excess from 2011. 103,214 Excess from 2012. 125,933 Excess from 2013. Excess from 2014. Form 990-PF (2014) Form Page 10 Part XIV Private Operating Foundations (see instructions and Part question 9) 1a Ifthe foundation has received a ruling or determination letter that it IS a private operating foundation, and the ruling IS effective for 2014, enter the date ofthe rulingCheck box to indicate whether the organization is a private operating foundation described in section or 2a Enter the lesser ofthe adjusted net Tax year Prior 3 years income from PartI or the minimum TOta' investment return from PartXfor each 2014 2013 2012 ((1)2011 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 . . . . . . . . Qualifying distributions made directly for active conduct ofexempt actIVIties Subtract line 2d from line 2c . 3 Complete 3a, b, or for the alternative test relied upon a ?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). (2) Support from general public and 5 or more exempt organizations as prowded in section (3) Largest amount of support 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.) 1 Information Regarding Foundation Managers: a List any managers ofthe foundation who have contributed more than 2% ofthe 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)) Derwood Chase Jr List any managers ofthe foundation who own 10% or more ofthe stock ofa corporation (or an equally large portion ofthe ownership ofa partnership or other entity) ofwhich the foundation has a 10% or greater interest 2 Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs: Check here ifthe foundation only makes contributions to preselected charitable organizations and does not accept unsoliuted requests forfunds Ifthe foundation makes gifts, grants, etc (see instructions) to indIVIduals or organizations under other conditions, complete items 2a, b, c, and a The name, address, and telephone number or e-mail address of the person to whom applications should be addressed Derwood Chase Jr 300 Preston Avenue 500 CharlotteSVIlle,VA 229025096 (434) 293-9104 The form in which applications should be submitted and information and materials they should include No form has been prescribed by the organization Any submi55ion deadlines None Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds ofinstitutions, or other factors Charitable organizations must meet the criteria speCIfied in Article 2, Paragraph C(a) ofthe foundation's trust agreement Form 990-PF (2014) Form Page 11 Supplementary Information (continued) 3 Grants and Contributions Paid During the Year or Approved for Future Payment IfreCIpIent IS an IndIVIduaI, Foundatlon show any to Purpose ofgrant or status of Amount dd any foundatlon manager rem lent ame an a ress( ome or usmess) a Pa/d during the year See Data Table 768,500 Approved for future payment Form 990-PF (2014) Form Analysis of Income-Producing Activities Page 12 Enter gross amounts unless otherWIse Indicated 1 Program serVIce revenue ma.an 9 Fees and contracts from government agenCIes 2 MembershIp dues and assessments. 3 Interest on saVIngs and temporary cash Investments . 4 DIVIdends and Interest from securItIes. 5 Net rental Income or (loss) from real estate a Debt??nanced property. Not debt-?nanced property. . 6 Net rental Income or (loss) from personal property . 7 Other Investment Income. 8 GaIn or (loss) from sales ofassets other than Inventory . 9 Net Income or (loss) from speCIaI events 10 Gross pro?t or (loss) from sales of Inventory. 11 Other revenue aSee AddItIonal Data Table 12 Subtotal Add columns and 13 Total. Add Me 12, columns and See worksheet In Ine 13 Instructions to verI Relationshi Line No. InstructIons calculatIons Unrelated busmess Income Excluded by schon 512, 513, or 514 Related or exempt functIon Income Busmess (See Amount Exc u5Ion code Amount CO InstructIons) 14 377 14 230,772 18 259,631 ?89,917 490,780 0 13 400,863 of Activities to the Accom lishment of Exem Pur oses EpraIn below how each actIVIty for Income Is reported In column ofPart contrIbuted Importantly to the accompIIshment ofthe foundatIon?s exempt purposes (other than by prOVIdIng funds for such purposes) (See Form 990-PF (2014) Form Page 13 Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations 1 the organIzatIon dIrectly or IndIrectly engage In any of the 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 po ItIcal Yes "0 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, Ists, 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 LIne No Amount Involved Name of noncharItable exempt organIzatlon DescrIptIon of transfers, transactIons, and sharIng arrangements 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 sectlon 501(c)(3)) or In sectIon 527?. If"Yes," complete the followmg schedule Name of organIzatIon Type of organIzatlon . _Yes 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) Is based on all InformatIon of preparer has any knowledge Sign Here 2015_05_27 gazr?he IRS dIscussthIs WIth the preparer shown SIgnature of of?cer or trustee Date TItle No PrInt/Type preparer's name Preparer's SIgnature Date 'fsew? PTIN JefmeIth 2015'05'18 employed P00446095 Paid Flrm-s name FIrm's EINI- 54-0504608 Preparer Brown Edwards Company LLP Use I only FIrm 5 address I- 124 Newman Avenue HarrIsonburg, VA 22801 Phone no (540)434?6736 Form 990-PF (2014) Form 990PF Part IV - Capital Gains and Losses for Tax on Investment Income - Columns a - List and describe the kInd(s) of property sold (e real estate, How Date achIred Date sold 2-story bI?le warehouse, or common stock, 200 MLC Co) achIred (mo day, yr) (mo day, yr) P?Purchase D?Donatlon Publicly Traded Securltles De ,Inc -C ass Action SUItProceeds 2005-06-15 2014-10-07 AmerlcanInt'lGroup,Inc -C assActIonSUItProceeds 2004?04-01 2014-11-18 RldgewoodEnergyI - FInaIYearAdJ (Syndication Costs) 2003-12-09 2014-12-31 STCG from K?l - Portfolio Amerlca Asset Pool I, LTCG from K-1 - Portfolio America Asset Pool I, 198,019 OurStage,Inc SerlesBPreferred Stock?Worthless 2009?01-16 2014-12-31 198,019 OurStage,Inc SeriesBPreferred Stock?Worthless 2010-02-03 2014-12-31 26,377 OurStage, Inc Serles Preferred Stock - Worthless 2010?02-03 2014-12-31 Capital Gains DIVldendS Form 990PF Part IV - Capital Gains and Losses for Tax on Investment Income - Columns - Gross sales price DepreCIatIon allowed (9) Cost or other Galn or (loss) (or allowable) plus expense ofsale plus minus (9) 10,772,449 10,871,829 -99,380 37 37 747 747 4,310 -4,310 8 8 1,019 1,019 50,000 -50,000 50,000 -50,000 6,660 -6,660 468,170 468,170 Form 990PF Part IV - Capital Gains and Losses for Tax on Investment Income - Columns i - I Complete only for assets showmg gain In column and owned by the foundation on 12/31/69 as of 12/31/69 Adjusted ba5 s as of12/31/69 Excess ofcol (I) over col (J), Ifany (I) Gains (Col galn mInus col but not less than -0-) or Losses (from col -99,38 0 3 7 74 7 -4,31 0 1,01 9 -50,00 0 -50,00 0 -6,66 0 468,17 0 Form 990PF Part Line 1 - List all officers, directors, trustees, foundation managers and their compensation Name and address Title, and average hours per week devoted to pOSItion Compensation (If not paid, enter -0-) Contributions to employee bene?t plans and deferred compensation Expense account, other allowances Derwood Chase Jr PreSIdent and trustee 0 0 1 92 400 Wellington Drive Charlotteswlle,VA 22903 Johanna Chase Secretary and trustee 0 0 0 21 400 Wellington Drive Charlotteswlle,VA 22903 Stuart Chase Vice-PreSIdent, 0 645 Plantation Ct Orgisurer Charlotteswlle,VA 22903 Stephen Moore Regular Trustee 0 0 2011 Freedom Ln 0 21 Falls Church,VA 22043 Cheryl OChase Regular Trustee 0 0 0 21 4807 Ellensburg Dr Dallas,TX 75244 Alejandro AChafuen Regular Trustee 0 2000N 14th StreetSt 550 192 Arlington,VA 22201 John Goodman Regular Trustee 0 0 0 21 12770 C0it Rd St 800 Dallas,TX 75251 WalterEWilliams Regular Trustee 0 0 4400 Univer5ity Drive Fairfax,VA 22030 021 Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment ReCIpient If reCIpient is an indIVIdual, Foundation Purpose ofgrant or Amount show any relationship to status of contribution Name and address (home or busmess) any foundat'on manager rec'p'ent or substantial contributor a Pa/d during the year Acton Institute forthe Study of None 501(c)(3) To prOVIde general support 25,000 Religion and Liberty 98 Fulton Public Cha (charitable) Street Grand Rapids,MI 49503 American Friends ofthe Institute of None 501(c)(3) To prOVIde general support 10,000 Economic Affairs 2000 North 14th Public Cha (charitable) Street SUlte 550 Arlington,VA 22201 American Spectator Foundation Inc None 501(c)(3) To prOVIde general support 5,000 1611 North Kent Street 901 Public Cha (charitable) Arlington,VA 22209 Americans for Prosperity (National None 501(c)(4) To prOVIde general support 50,000 Chapter) 2111 Wilson Ste 350 Public Cha (charitable) Arlington,VA 22201 Atlas Economic Research Foundation None 501(c)(3) To prOVIde general support 40,000 2000 North 14TH Street 550 Public Cha (charitable) Arlington,VA 22201 Buckeye Institute for Public Policy None 501(c)(3) To prOVIde general support 5,000 Solutions 88 East Broad Street Public Cha (charitable) 1120 Columbus,OH 432153506 Cascade Policy Institute 4850 SW None 501(c)(3)(h) To prOVIde general support 12,000 Scholls Ferry Road Public (charitable) 103 Portland,OR 97205 Cato Institute 1000 Massachusetts None 501(c)(3) To prOVIde general support 30,000 Ave NW Public Cha (charitable) 20001 Citizen's CounCIl for Health Freedom None 501(c)(3) To prowde general support 2,500 161 St Anthony Avenue Ste 923 Public Cha (charitable) St 55103 Committee for a Constructive None 501(c)(3) To prOVIde general support 10,000 Tomorrow PO Box 65722 Public Cha (charitable) 20035 Competitive Enterprise Institute None 501(c)(3) To prOVIde general support 19,000 1899 Street NW 12th Floor Public Cha (charitable) 20036 Families Against Mandatory Minimums None 501(c)(3) To prowde general support 5,000 1100 Street NW 1000 Public Cha (charitable) 20005 Federalist for Law&Public None 501(c)(3) To prowde general support 12,000 Policy Studies 1776 I Street NW Public Cha (charitable) 300 20006 Foundation for Economic Education None 501(c)(3) To prowde general support 12,000 1718 Peachtree Street NW Public Cha (charitable) 1048 Atlanta,GA 30309 Foundation forIndIVIdual Rights in None 501(c)(3) To prowde general support 15,000 Education 170 Independence Mall Public Cha (charitable) 510 Philadelphia,PA 19106 Total. .IP 3a 768,500 Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment ReCIpIent If reCIpIent IS an IndIVIdual, Foundatlon Purpose ofgrant or Amount show any to status of Name and address (home or busmess) any foundat'on manager rec'p'ent or substantial contributor a Pa/d during the year Foundatlon for Research on Economics None 501(c)(3) To prowde general support 15,000 and the EnVIronment PO Box 555 Publlc Cha (charltable) 16380 Cottonwood Road GallatInGateway,MT 59730 Centerfor Government and None 501(c)(3) To prowde general support 5,000 Publlc 1229 KIng Street 3rd Publlc Cha (charltable) Floor Alexandrla,VA 22314 Fraser Institute 4th Floor 1770 None Other Publlc To prowde general support 20,000 Burrard Street Charlty (charltable) Vancouver,BrIt sh Columbia V6J3G7 CA Freedom Foundatlon PO Box 552 None 501(c)(3) To prowde general support 12,000 98507 Publlc Cha (charltable) FreedomWorks 400 North Capltol None 501(c)(4) To prowde general support 15,000 Street NW Publlc Cha (charltable) 765 20001 The Fund forAmerIcan Studies 1706 None 501(c)(3) To prowde general support 14,000 New Avenue NW Public Cha (charitable) 20009 Goldwater Institute 500 Coronado None 501(c)(3) To prowde general support 12,000 Road Publlc Cha (charltable) 85018 The Heartland One Sount None 501(c)(3) To prowde general support 28,000 WackerDrIve 2740 Public Cha (charltable) Chicago,IL 60606 HIspanIc American Centerfor None 501(c)(3) To prowde general support 10,000 Economlc Research 910 17th Street Publlc Cha (charltable) NW 422 200062605 The Independent Institute 100 Swan None 501(c)(3) To prowde general support 5,000 Way Publlc Cha (charitable) Oakland,CA 946211428 Independent Women's Forum 18751 None 501(c)(3) To prowde general support 5,000 Street NW 500 Publlc Cha (charltable) 20006 for Energy Research 1155 None 501(c)(3) To prowde general support 15,000 15th Street NW 900 Public Cha (charitable) 20005 for Humane Studles 3434 None 501(c)(3) To prowde general support 25,000 MS 1C5 Publlc Cha (charltable) 22201 forJustlce 901 Glebe None 501(c)(3) To prowde general support 35,000 Road 900 Public Cha (charitable) 22203 to Reduce Inc PO None 501(c)(3) To prowde general support 3,000 Box 1031 Publlc Cha (charltable) Alexandrla,VA 22313 Total. .IP 3a 768,500 Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment ReCIpient If reCIpient IS an indIVIdual, Foundation Purpose ofgrant or Amount show any relationship to status of contribution Name and address (home or busmess) any foundat'on manager rec'p'ent or substantial contributor a Pa/d during the year Intercollegiate Studies Institute None 501(c)(3) To prowde general support 3,000 3901 CenterVIlle Road Public Cha (charitable) WIlmIngton,DE 19807 The James Madison Institute The None 501(c)(3) To prowde general support 2,000 Columns 100 North Duval Street Public Cha (charitable) Tallahassee,FL 32301 John Locke Foundation Inc 200 West None 501(c)(3) To prowde general support 10,000 Morgan Street Public Cha (charitable) Raleigh,NC 27601 Kansas Policy Institute 250 Water None 501(c)(3) To prowde general support 6,000 216 Public Cha (charitable) WItchIta,KS 67202 Law Enforcement Against Prohibition None 501(c)(3) To prowde general support 4,000 Inc 121 Mystic Avenue Public Cha (charitable) Medford,MA 02155 LudWIg von Mises Institute 518 West None 501(c)(3) To prowde general support 10,000 Magnolia Avenue Public Cha (charitable) Auburn,AL 368324501 Mackinac Centerfor Public Policy PO None 501(c)(3) To prowde general support 15,000 Box 568 140 West Main Street Public Cha (charitable) Midland,MI 48640 Manhattan Institute for Policy None 501(c)(3) To prowde general support 5,000 Research 52 Vanderbilt Avenue Public Cha (charltable) NewYork,NY 10017 Maryland Public Policy Institute One None 501(c)(3) To prowde general support 5,000 Research Court 450 Public Cha (charitable) RockVIlle,MD 20850 Mont Pelerin PO Box 7031 None 501(c)(3) To prowde generalsupport 1,000 Alexandria,VA 22307 Public Cha (charltable) Montreal Economic Institute 910 None Other Public To prowde general support 10,000 Peel Street 600 Charity (charitable) Montreal,Quebec H3C 2H8 CA The Movmg Picture Institute 375 None 501(c)(3) To prowde general support 15,000 GreenWIch Street Public Cha (charitable) NewYork,NY 10013 National Centerfor Policy Analy5is None 501(c)(3) To prowde generalsupport 36,000 14180 Dallas Parkway 350 Public Cha (charitable) Dallas,TX 75254 PaCIfic Legal Foundation 930 Street None 501(c)(3) To prowde general support 10,000 Sacramento,CA 95814 Public Cha (charitable) PaCIfic Research Institute for Public None 501(c)(3) To prowde general support 15,000 Policy One Embarcadero Center Public Cha (charitable) 350 San FranCIsco,CA 94111 Total. .IP 3a 768,500 Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment ReCIpient If reCIpient IS an indIVIdual, Foundation Purpose ofgrant or Amount show any relationship to status of contribution Name and address (home or busmess) any foundat'on manager rec'p'ent or substantial contributor a Pa/d during the year The Philadelphia 11620 None 501(c)(3) To prowde general support 1,000 Rutan Circle Public Cha (charitable) Jerome,MI 492499530 Property and EnVIronment Research None 501(c)(3) To prowde general support 12,000 Center 2048 Ana y5is Drive SUlte A Public Cha (charitable) Bozeman,MT 597186829 Reason Foundation 5737 Mesmer None 501(c)(3) To prowde general support 32,000 Avenue Public Cha (charitable) Los Angeles,CA 90230 Reason Foundation 5737 Mesmer None 501(c)(3) To prowde support (charitable) 10,000 Avenue Public Cha for bUIIdlng campaign Los Angeles,CA 90230 Rio Grande Foundation Box None 501(c)(3) To prowde general support 10,000 40336 Public Cha (charltable) Albuquerque,NM 87196 State Policy Network 1655 North Fort None 501(c)(3) To prowde general support 10,000 Myer Drive Public Cha (charitable) 360 Arlington,VA 22209 Students for Liberty 1101 17th None 501(c)(3) To prowde general support 5,000 Street NW SuIte 810 Public Cha (charitable) 20036 Talent Market LLC (CO Donors Trust) None 501(c)(3) To prowde general support 3,000 1800 Diagonal Road 280 Public Cha (charitable) Alexandria,VA 22314 Tax Foundation National Press None 501(c)(3) To prowde general support 15,000 BUIIdlng 529 14th Public Cha (charitable) Street NW 420 200451000 Thomas Jefferson Institute for Public None 501(c)(3) To prowde general support 4,000 Policy 9035 Golden Sunset Lane Public Cha (charitable) Springfield,VA 22153 Virginia Institute for Public Policy None 501(c)(3) To prowde general support 28,000 282 Bald Rock Road Public Cha (charitable) Verona,VA 24482 Young Americans for Liberty PO Box None 501(c)(4) To prowde general support 20,000 2751 Public Cha (charitable) Arlington,VA 22202 Total. .IP 3a 768,500 Form 990PF Part Line 11 - Other revenue: Enter gross amounts unless otherWIse Unrelated busmess income bY sectlon 512, 513, OF 514 Indicated Related or exempt (C) function income Busmess Amount Exclu5ion code Amount (See the 11 Other revenue code mstructlons) a Ridgewood Energy I Fund LLC Ordinary 211110 ?521 Loss Ridgewood Energy Fund LLC Ordinary 211110 1.922 Income Ridgewood Energy Fund LLC Section 1231 211110 5.089 Gain Ridgewood Energy Fund LLC Ordinary 211110 -484 Loss Ridgewood Energy Fund Ordinary Loss 211110 ?444 Ridgewood Energy Fund LLC Ordinary 211110 9.623 Income 9 Western Drilling Program 2008-B Ordinary 211110 933 Income Western Drilling Program 2010-B Ordinary 211110 13,575 Income i Western Drilling Program Badger/Bush 211110 662 Ordinary Income Portfolio America Asset Pool I LLC Ordinary 211110 -1,879 Loss Ridgewood Energy BlueWaterQil Fund 211110 -4,310 LLC Ordinary Loss I The Chase Gulf LLC Oil Gas Ordinary Loss 211110 -113,039 The Chase Gulf LLC Non-Oil Gas 211110 -1,999 Ordinary Loss Ridgewood Energy I Fund LLC Section 1231 211110 1.521 Gain 0 Ridgewood Energy 0 Fund LLC Ordinary 211110 ?310 Loss Western Drilling Program 2008-B Section 211110 ?256 1231 Loss lefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - TY 2014 Accounting Fees Schedule Name: The Chase Foundation of Virginia EIN: 54-1770697 Category Amount Net Investment Adjusted Net Disbursements for Income Income Charitable Purposes Accounting Fees 5,525 0 5,525 lefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - DLN: 93491154004095 TY 2014 Investments Corporate Bonds Schedule Name: The Chase Foundation of Virginia EIN: 54-1770697 Name of Bond End of Year Book End of Year Fair Value Market Value Corporate Bonds 3,952,312 3,883,484 lefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - DLN: 93491154004095 TY 2014 Investments Corporate Stock Schedule Name: The Chase Foundation of Virginia EIN: 54-1770697 Name of Stock End of Year Book End of Year Fair Value Market Value Common Stocks 764,838 657,534 lefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - TY 2014 Investments Government Obligations Schedule Name: The Chase Foundation of Virginia EIN: 54-1770697 US Government Securities - End of Year Book Value: 6,509,396 US Government Securities - End of Year Fair Market Value: 6,503,030 State Local Government Securities - End of Year Book Value: 0 State Local Government Securities - End of Year Fair Market Value: 0 lefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - DLN: 93491154004095 TY 2014 Investments - Other Schedule Name: The Chase Foundation of Virginia EIN: 54-1770697 Category/ Item Listed at Cost or Book Value End of Year Fair FMV Market Value Mutual Funds FMV 3,654,533 4,145,987 Rldgewood Energy I Fund, L.L.C. FMV Rldgewood Energy 0 Fund, L.L.C. FMV 54,314 9,884 Rldgewood Energy Fund, L.L.C. FMV 24,952 13,267 Rldgewood Energy Fund, L.L.C. FMV 29,258 10,078 Rldgewood Energy Fund, L.L.C. FMV 4,818 3,364 Energy Fund, L.L.C. FMV 39,095 32,206 Western Program 2008-B FMV 2,359 6,536 Western Program 2010-B FMV 15,311 65,881 Western Drilling Program Badger Bush FMV 1,147 4,095 333,333 shares Zounds, Inc. Series A2 preferred FMV 25,000 25,000 stock 422,415 shares OurStage, Inc. Series preferred FMV 0 0 stock Rldgewood Energy BIueWater OII Fund L.L.C. FMV 64,671 70,722 America Asset Pool I, L.L.C. FMV 69,826 69,826 The Chase Gulf, L.L.C. FMV 116,633 228,515 10,917 shs. Applied DNA Scnences, Inc. Preferred FMV 75,024 31,550 Stock Warrants lefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - DLN: 93491154004095 TY 2014 Other Expenses Schedule Name: The Chase Foundation of Virginia EIN: 54-1770697 Description Revenue and Expenses Net Investment Adjusted Net Income Disbursements for per Books Inoome Charitable Purposes Custody Fees 7,136 7,136 0 Credit Card Fees 150 0 150 Portfolio Deductions - from K?l (The 20,000 20,000 0 hase Gulf LLC) lefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - DLN: 93491154004095 TY 2014 Other Income Schedule Name: The Chase Foundation of Virginia EIN: 54-1770697 Description Revenue And Net Investment Adjusted Net Income Expenses Per Books Inoome Ridgewood Energy I Fund LLC Ordinary Loss -521 -521 Ridgewood Energy Fund LLC Ordinary Income 1,922 1,922 Ridgewood Energy Fund LLC Section 1231 Gain 5,089 5,089 Ridgewood Energy Fund LLC Ordinary L055 ?484 -484 Ridgewood Energy Fund Ordinary Loss -444 -444 Ridgewood Energy Fund LLC Ordinary Income 9,623 9,623 Western Drilling Program 2008-B OrdinaryIncome 933 933 Western Drilling Program 2010-B OrdinaryIncome 13,575 13,575 Western Drilling Program Badger/Bush Ordinary Income 662 662 Portfolio America Asset PoolI LLC Ordinary Loss ?1,879 -1,879 Ridgewood Energy BlueWaterQil Fund LLC Ordinary Loss -4,310 -4,310 The Chase Oi &GasOrdinary Loss ?113,039 -113,039 The Chase Ordinary Loss -1,999 -1,999 Ridgewood Energy I Fund LLC Section 1231 Gain 1,521 1,521 Ridgewood Energy 0 Fund LLC Ordinary Loss -310 -310 Western Drilling Program 2008-B Section 1231 L055 ?256 -256 lefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93491154004095 TY 2014 Other Increases Schedule Name: The Chase Foundation of Virginia EIN: 54-1770697 Description Amount Percentage Depletion 8,286 Rounding (Pass-Through Entities) 1 lefile GRAPHIC print - DO NOT PROCESS As Filed Data - TY 2014 Taxes Schedule The Chase Foundation of Virginia Name: EIN: 54- 1770697 Category Amount Net Investment Adjusted Net Disbursements for Income Income Charitable Purposes Foreign Taxes 22 22 0 Federal Income Taxes Balance Due With 2013 10,067 0 0 Form Federal Income Taxes - 2014 Estimated 14,760 0 0 Income Taxes