Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 01-01-2012 , and ending 12-31-2012
Name of foundation
DREIFUSSR-SCHOL 552-1513110455
 

Number and street (or P.O. box number if mail is not delivered to street address)1525 W WT HARRIS BLVD D1114-044   Room/suite
City or town, state, and ZIP code
CHARLOTTE, NC28288
A Employer identification number

23-6696194
B Telephone number (see instructions)

(336) 747-8182
C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$3,012,643J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
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) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 10 10  
4 Dividends and interest from securities...... 80,604 80,415  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 126,669
b Gross sales price for all assets on line 6a 1,111,680
7 Capital gain net income (from Part IV, line 2)... 126,669
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 207,283 207,094  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 28,321 21,241   7,080
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 400 0 0 400
b Accounting fees (attach schedule)....... Click to see attachment 700 0 0 700
c Other professional fees (attach schedule).... Click to see attachment 2,462 2,462   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions) Click to see attachment 11,047 566   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 150     150
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 43,080 24,269 0 8,330
25 Contributions, gifts, grants paid........ 123,080 123,080
26 Total expenses and disbursements. Add lines 24 and 25 166,160 24,269 0 131,410
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 41,123
b Net investment income (if negative, enter -0-) 182,825
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 143,622 90,419 90,419
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 25,243 Click to see attachment25,243 25,941
b Investments—corporate stock (attach schedule)........ 846,171 Click to see attachment1,486,021 1,632,553
c Investments—corporate bonds (attach schedule)........ 1,758,198 Click to see attachment175,827 184,680
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........   Click to see attachment1,040,401 1,079,050
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,773,234 2,817,911 3,012,643
Liabilities 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 bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 2,773,234 2,817,911
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 (see page 17 of the
instructions).................... 2,773,234 2,817,911
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,773,234 2,817,911
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 2,773,234
2 Enter amount from Part I, line 27a..................... 2 41,123
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 5,774
4 Add lines 1, 2, and 3.......................... 4 2,820,131
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 2,220
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 2,817,911
Form 990-PF (2012)
Form 990-PF (2012)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 370. AT&T INC   2011-11-07 2012-05-03
b 1. AETNA INC-NEW COM   2011-11-08 2012-06-06
c 130. AIR PRODS & CHEMICALS INC COM W/ RTS TO PURCHASE PFD SHS EXP   2011-11-07 2012-05-03
d 190. ALBEMARLE CORP COM   2011-11-07 2012-05-03
e 7401.034 AMERICAN CENTURY EQUITY INCOME-I#338   2009-02-06 2012-04-30
200. AMERICAN EXPRESS CO COM   2012-03-29 2012-05-03
3. AMERICAN EXPRESS CO COM   2012-02-16 2012-06-06
15. AMERICAN EXPRESS CO COM   2012-02-16 2012-07-13
18. AMERIPRISE FINANCIAL INC   2010-04-22 2012-04-12
4. AMERIPRISE FINANCIAL INC   2010-04-22 2012-06-06
13. AMERIPRISE FINANCIAL INC   2010-04-22 2012-06-07
6. AMERIPRISE FINANCIAL INC   2010-04-22 2012-06-11
8. AMERIPRISE FINANCIAL INC   2010-04-22 2012-06-12
3. APPLE COMPUTER INC COM   2011-09-20 2012-06-06
4. APPLIED MATERIALS INC COM W/RIGHTS ATTACHED EXP 7/6/2009   2011-11-08 2012-06-06
130. BAKER HUGHES INC COM   2011-09-20 2012-05-03
29.99714 BLACKROCK INC   2012-01-18 2012-05-03
20.00286 BLACKROCK INC   2012-01-18 2012-05-03
4. BOEING CO COM   2011-11-08 2012-06-06
500. BROWN & BROWN INC COM   2011-11-07 2012-05-03
2. CIT GROUP INC.   2012-03-14 2012-06-06
3. CAMERON INT'L CORP COM   2011-11-08 2012-06-06
250. CARDINAL HLTH INC COM   2010-04-22 2012-05-03
30. CARDINAL HLTH INC COM   2012-05-02 2012-05-03
100. CHEVRONTEXACO CORP COM   2002-04-22 2012-05-03
49. COMCAST CORP NEW CL A SPL   2011-11-08 2012-03-14
2. COMCAST CORP NEW CL A SPL   2011-11-08 2012-06-06
56. COMCAST CORP NEW CL A SPL   2011-11-08 2012-08-03
69. COMCAST CORP NEW CL A SPL   2011-11-08 2012-12-20
1. CONOCOPHILLIPS COM   2008-07-18 2012-06-06
42. CONOCOPHILLIPS COM   2008-07-18 2012-06-27
22. CONOCOPHILLIPS COM   2008-07-18 2012-06-27
73. CORNING INC COM W/RTS EXP 07/15/2006   2011-11-08 2012-04-11
68. CORNING INC COM W/RTS EXP 07/15/2006   2011-11-08 2012-04-12
1. CORNING INC COM W/RTS EXP 07/15/2006   2011-11-08 2012-06-06
82. CORNING INC COM W/RTS EXP 07/15/2006   2011-11-08 2012-07-26
13. CORNING INC COM W/RTS EXP 07/15/2006   2011-11-08 2012-07-27
39. CORNING INC COM W/RTS EXP 07/15/2006   2011-11-08 2012-07-30
46. CORNING INC COM W/RTS EXP 07/15/2006   2011-11-08 2012-07-31
42. CORNING INC COM W/RTS EXP 07/15/2006   2011-11-08 2012-08-01
50000. CREDIT SUISSE FB USA 5.500% 8/15/13   2004-05-07 2012-04-30
220. CULLEN FROST BANKERS INC COM W/RIGHTS ATTACHED EXP 2/8/2009   2011-11-07 2012-03-29
230. DARDEN RESTAURANTS INC COM   2012-04-10 2012-05-03
38. DARDEN RESTAURANTS INC COM   2012-03-14 2012-12-04
17. DARDEN RESTAURANTS INC COM   2012-03-30 2012-12-05
40. DARDEN RESTAURANTS INC COM   2011-11-17 2012-12-06
8. DARDEN RESTAURANTS INC COM   2012-03-30 2012-12-06
28. DAVITA INC COM   2011-11-08 2012-03-30
3. DAVITA INC COM   2011-11-08 2012-10-03
2. DEERE & CO COM   2012-04-11 2012-06-06
1. DELL INC   2011-11-08 2012-06-06
26. DELL INC   2011-11-08 2012-11-16
88. DELL INC   2011-11-08 2012-11-27
39. DELL INC   2011-11-08 2012-11-28
20. DELL INC   2011-11-08 2012-11-29
19. DELL INC   2011-11-08 2012-11-30
35. DELL INC   2011-11-08 2012-12-03
18. DELL INC   2011-11-08 2012-12-04
61. DELL INC   2011-11-08 2012-12-05
39. DELL INC   2011-11-08 2012-12-06
40. DELL INC   2011-11-08 2012-12-07
3. DEVON ENERGY CORP NEW COM   2012-03-14 2012-06-06
834.543 DODGE & COX INT'L STOCK FD # 1048   2009-07-27 2012-01-27
1744.287 DODGE & COX STK FD   2011-04-25 2012-01-27
3. DU PONT E I DE NEMOURS & CO COM   2012-03-14 2012-06-06
10. ELECTRONIC ARTS COM   2011-11-08 2012-06-06
230. ENERGEN CORP COM W/RTS   2011-11-07 2012-05-03
150. ENSCO INTERNATIONAL PLC ADR   2011-11-07 2012-05-03
9. EXXON MOBIL CORP COM   2011-11-08 2012-01-20
9. EXXON MOBIL CORP COM   2011-11-08 2012-01-23
6. EXXON MOBIL CORP COM   2011-11-08 2012-01-24
16. EXXON MOBIL CORP COM   2011-11-08 2012-03-14
140. EXXON MOBIL CORP COM   1980-12-23 2012-05-03
1. EXXON MOBIL CORP COM   2011-11-08 2012-06-06
5813.953 FEDERATED STRAT VAL DIV FD IS #662   2012-01-27 2012-09-14
2946.955 FEDERATED STRAT VAL DIV FD IS #662   2012-01-27 2012-12-20
3. FIDELITY NATL INFORMATION SVCS INC   2011-11-08 2012-06-06
29. FRANKLIN RES INC COM   2011-11-08 2012-05-21
30. GENERAL DYNAMICS CORP COM   2011-11-07 2012-01-20
150. GENERAL DYNAMICS CORP COM   2011-11-07 2012-05-03
190. GENUINE PARTS CO COM W/RIGHTS ATTACHED EXP 11/15/2009   2011-11-07 2012-05-03
11. GENUINE PARTS CO COM W/RIGHTS ATTACHED EXP 11/15/2009   2011-11-08 2012-09-27
6. GENUINE PARTS CO COM W/RIGHTS ATTACHED EXP 11/15/2009   2011-11-08 2012-10-01
60. W W GRAINGER INC COM W/RIGHTS ATTACHED EXP 5/15/2009   2011-11-07 2012-05-03
240. GREIF INC-CL A   2011-11-07 2012-05-03
25000. HEWLETT-PACKARD CO 2.950% 8/15/12   2009-09-18 2012-08-15
230. ILLINOIS TOOL WORKS INC COM   2011-11-07 2012-04-09
20. INTEL CORP COM   2008-02-06 2012-01-20
440. INTEL CORP COM   2008-02-06 2012-05-03
60. INTL BUSINESS MACHINES CORP COM   2011-11-07 2012-01-10
9. INTERNATIONAL GAME TECHNOLOGY COM   2011-11-08 2012-06-06
1. INTERNATIONAL PAPER CO COM   2011-11-08 2012-06-06
25000. JPMORGAN CHASE & CO 4.500% 1/15/12   2005-01-14 2012-01-15
515.222 PERKINS MID CAP VALUE F/C I #1167   2009-01-20 2012-01-27
263.62 PERKINS MID CAP VALUE F/C I #1167   2009-01-20 2012-09-14
2100.513 PERKINS MID CAP VALUE F/C I #1167   2009-01-20 2012-12-20
180. JOHNSON & JOHNSON COM   2005-10-25 2012-05-03
2. LABORATORY CORP AMER HLDGS COM NEW   2011-11-08 2012-06-06
8. LABORATORY CORP AMER HLDGS COM NEW   2011-11-08 2012-12-17
5. LABORATORY CORP AMER HLDGS COM NEW   2012-08-13 2012-12-17
11. LABORATORY CORP AMER HLDGS COM NEW   2011-11-08 2012-12-18
280. LILLY ELI & CO COM W/RTS EXP 7/28/2008   2011-11-07 2012-05-03
330. LINEAR TECHNOLOGY CORP COM   2011-11-07 2012-05-03
1. MARSH & MCLENNAN COS INC COM   2012-03-14 2012-06-06
320. MERCK & CO INC NEW   2011-11-07 2012-05-03
16. METLIFE INC COM   2011-11-08 2012-05-16
2. METLIFE INC COM   2011-11-08 2012-06-06
16. METLIFE INC COM   2011-11-08 2012-06-07
54. METLIFE INC COM   2011-11-08 2012-12-17
39. METLIFE INC COM   2011-11-08 2012-12-18
38. METLIFE INC COM   2011-11-08 2012-12-19
380. MICROSOFT CORP COM   2012-01-23 2012-05-03
5. MICROSOFT CORP COM   2001-07-17 2012-06-06
8. NYSE EURONEXT INC   2011-11-08 2012-08-03
11. NYSE EURONEXT INC   2011-11-08 2012-08-06
32. NYSE EURONEXT INC   2011-11-08 2012-08-09
24. NYSE EURONEXT INC   2011-11-08 2012-08-10
25. NYSE EURONEXT INC   2011-11-08 2012-08-13
26. NYSE EURONEXT INC   2011-11-08 2012-08-14
73. NYSE EURONEXT INC   2011-11-08 2012-08-15
1. NATIONAL OILWELL INC COM   2011-07-22 2012-06-06
.224 NORTHEAST UTILS COM W/RTS ATTACHED EXP 2/23/2009   2011-11-08 2012-04-12
8. NORTHEAST UTILS COM W/RTS ATTACHED EXP 2/23/2009   2011-11-08 2012-08-01
19. NORTHEAST UTILS COM W/RTS ATTACHED EXP 2/23/2009   2011-11-08 2012-08-01
3. NORTHEAST UTILS COM W/RTS ATTACHED EXP 2/23/2009   2011-11-08 2012-08-02
20. NORTHEAST UTILS COM W/RTS ATTACHED EXP 2/23/2009   2011-11-08 2012-08-02
3. OCCIDENTAL PETE CORP COM   2009-01-20 2012-06-06
240. OMNICOM GRP INC COM   2011-11-07 2012-05-03
2. ORACLE CORP COM   2011-11-08 2012-06-06
370. PAYCHEX INC COM   2011-11-07 2012-05-03
180. PEPSICO INC COM   2011-11-07 2012-05-03
1. PEPSICO INC COM   2012-04-17 2012-06-06
.5 PHILLIPS 66   2008-07-18 2012-05-22
1. PHILLIPS 66   2008-07-18 2012-06-06
31. PHILLIPS 66   2008-07-18 2012-09-11
19. PRAXAIR INC COM   2011-11-08 2012-02-01
210. T ROWE PRICE GRP INC COM   2011-11-07 2012-05-03
180. PROCTER & GAMBLE CO COM   2006-04-24 2012-05-03
18. PRUDENTIAL FINANCIAL INC COM   2011-11-08 2012-04-12
12. PRUDENTIAL FINANCIAL INC COM   2011-11-08 2012-05-16
1. PRUDENTIAL FINANCIAL INC COM   2011-11-08 2012-06-06
20. PRUDENTIAL FINANCIAL INC COM   2011-11-08 2012-12-17
60. PRUDENTIAL FINANCIAL INC COM   2011-11-08 2012-12-18
1. STAPLES INC COM W/INVISIBLE RTS TO PUR SHS UNDER CERTAIN   2011-11-08 2012-06-06
230. STRYKER CORP COM   2011-11-07 2012-05-03
6. TD AMERITRADE HLDG CORP   2011-11-08 2012-06-06
51. TD AMERITRADE HLDG CORP   2011-11-08 2012-10-01
49. TJX COS INC NEW COM   2011-11-08 2012-03-14
55. TJX COS INC NEW COM   2011-11-08 2012-05-18
1. TJX COS INC NEW COM   2011-11-08 2012-06-06
230. TARGET CORP COM   2011-11-07 2012-05-03
260. TEVA PHARMACEUTICAL INDS LTD ADR   2011-11-07 2012-05-03
10. TEXAS INSTRS INC COM   2009-07-27 2012-06-06
3. THERMO ELECTRON CORP COM W/RTS ATTACHED EXP 01/29/2006   2011-11-08 2012-06-06
8. THERMO ELECTRON CORP COM W/RTS ATTACHED EXP 01/29/2006   2011-11-08 2012-09-14
7. THERMO ELECTRON CORP COM W/RTS ATTACHED EXP 01/29/2006   2011-11-08 2012-09-17
6. THERMO ELECTRON CORP COM W/RTS ATTACHED EXP 01/29/2006   2011-11-08 2012-09-18
8. THERMO ELECTRON CORP COM W/RTS ATTACHED EXP 01/29/2006   2011-11-08 2012-09-19
7. THERMO ELECTRON CORP COM W/RTS ATTACHED EXP 01/29/2006   2011-11-08 2012-09-20
14. THERMO ELECTRON CORP COM W/RTS ATTACHED EXP 01/29/2006   2011-11-08 2012-09-24
11. THERMO ELECTRON CORP COM W/RTS ATTACHED EXP 01/29/2006   2011-11-08 2012-09-25
10. THERMO ELECTRON CORP COM W/RTS ATTACHED EXP 01/29/2006   2011-11-08 2012-09-27
1. TIME WARNER INC   2011-11-08 2012-06-06
150. UNITED PARCEL SERVICE CL B COM   2011-11-07 2012-05-03
3. UNITEDHEALTH GRP INC COM   2011-01-27 2012-06-06
19. VENTAS INC-COM   2011-11-08 2012-08-03
39. VISA INC-CLASS A SHRS   2011-11-08 2012-02-16
7. VISA INC-CLASS A SHRS   2011-11-08 2012-07-13
65. WASTE MGMT INC DEL COM   2011-11-08 2012-03-13
166. WASTE MGMT INC DEL COM   2011-11-08 2012-03-14
1727.284 WELLS FARGO ADV SP S/C VA-IS #4143   2008-11-19 2012-12-20
340.559 WESTPORT FDS SMALL CAP FD CL I   2008-07-18 2012-01-27
61.532 WESTPORT FDS SMALL CAP FD CL I   2011-12-30 2012-01-27
544.823 WESTPORT FDS SMALL CAP FD CL I   2009-12-30 2012-09-14
3. WISCONSIN ENERGY CORP COM   2011-11-08 2012-06-06
15. WISCONSIN ENERGY CORP COM   2011-11-08 2012-08-01
4. WISCONSIN ENERGY CORP COM   2011-11-08 2012-08-02
30. WISCONSIN ENERGY CORP COM   2011-11-08 2012-08-03
310. WOLVERINE WORLD WIDE INC. COM   2011-11-07 2012-04-30
160. YAHOO INC COM W/RIGHTS ATTACHED EXP 3/1/2011   2011-11-08 2012-08-13
213. YAHOO INC COM W/RIGHTS ATTACHED EXP 3/1/2011   2011-11-08 2012-08-21
115. YAHOO INC COM W/RIGHTS ATTACHED EXP 3/1/2011   2012-04-04 2012-08-21
5. INGERSOLL-RAND PLC   2011-11-08 2012-06-06
30. INGERSOLL-RAND PLC   2011-11-08 2012-08-03
160. PARTNERRE LTD COM   2011-11-07 2012-05-03
160. ACE LIMITED   2009-10-30 2012-05-03
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 12,243   10,793 1,450
b 42   40 2
c 11,194   11,160 34
d 12,502   10,275 2,227
e 56,692   43,000 13,692
12,164   11,488 676
165   159 6
864   793 71
985   859 126
193   191 2
632   620 12
289   286 3
383   382 1
1,714   1,251 463
42   50 -8
5,621   7,626 -2,005
5,564   5,606 -42
3,710   3,738 -28
274   265 9
13,475   10,825 2,650
69   84 -15
138   156 -18
10,702   8,949 1,753
1,284   1,265 19
10,622   4,332 6,290
1,435   1,088 347
58   44 14
1,881   1,243 638
2,529   1,532 997
53   65 -12
2,274   2,720 -446
1,196   1,423 -227
985   1,083 -98
934   1,009 -75
13   15 -2
910   1,217 -307
150   193 -43
444   579 -135
523   683 -160
474   623 -149
52,489   49,719 2,770
12,788   10,903 1,885
11,661   11,354 307
1,788   2,019 -231
800   873 -73
1,879   1,883 -4
376   410 -34
2,521   2,066 455
313   221 92
146   156 -10
12   15 -3
230   402 -172
861   1,360 -499
373   603 -230
194   309 -115
183   294 -111
355   541 -186
184   278 -94
638   942 -304
405   603 -198
415   618 -203
179   218 -39
26,230   23,000 3,230
188,261   200,000 -11,739
145   159 -14
135   241 -106
11,578   11,431 147
8,275   7,745 530
785   715 70
788   715 73
522   477 45
1,382   1,271 111
12,020   615 11,405
80   79 1
30,000   27,558 2,442
15,000   13,969 1,031
96   77 19
3,146   3,134 12
2,166   1,897 269
10,240   9,483 757
12,557   10,963 1,594
672   641 31
366   350 16
12,443   10,586 1,857
12,840   11,069 1,771
25,000   25,692 -692
12,798   11,286 1,512
524   406 118
12,615   8,932 3,683
10,888   11,148 -260
123   157 -34
29   29  
25,000   24,865 135
11,000   7,157 3,843
6,000   3,662 2,338
45,203   29,180 16,023
11,766   11,466 300
170   169 1
698   675 23
436   442 -6
967   928 39
11,595   10,576 1,019
10,580   10,788 -208
32   33 -1
12,550   10,906 1,644
527   544 -17
59   68 -9
476   544 -68
1,726   1,837 -111
1,279   1,327 -48
1,267   1,293 -26
12,065   11,298 767
145   179 -34
199   111 88
272   302 -30
799   879 -80
596   659 -63
625   687 -62
654   714 -60
1,836   2,005 -169
67   83 -16
8   8  
314   275 39
744   652 92
116   103 13
780   686 94
250   157 93
12,475   10,514 1,961
55   67 -12
11,322   10,774 548
12,040   11,126 914
68   66 2
16   19 -3
31   39 -8
1,413   1,193 220
2,036   1,934 102
12,934   10,964 1,970
11,588   10,217 1,371
1,100   969 131
587   646 -59
47   54 -7
1,037   1,077 -40
3,155   3,231 -76
13   15 -2
12,629   11,088 1,541
101   103 -2
792   873 -81
1,863   1,481 382
2,222   1,662 560
42   30 12
12,979   12,011 968
11,819   10,548 1,271
284   240 44
150   149 1
485   398 87
423   348 75
360   298 62
479   398 81
418   348 70
833   696 137
657   547 110
593   497 96
35   35  
11,746   10,464 1,282
172   127 45
1,275   1,037 238
4,439   3,668 771
866   658 208
2,261   2,036 225
5,758   5,201 557
42,629   36,433 6,196
8,470   7,799 671
1,530   1,436 94
13,299   12,450 849
114   99 15
607   495 112
160   132 28
1,209   989 220
12,899   11,417 1,482
2,401   2,557 -156
3,180   3,404 -224
1,717   1,756 -39
202   159 43
1,282   952 330
11,699   10,725 974
12,337   7,603 4,734
      8
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       1,450
b       2
c       34
d       2,227
e       13,692
      676
      6
      71
      126
      2
      12
      3
      1
      463
      -8
      -2,005
      -42
      -28
      9
      2,650
      -15
      -18
      1,753
      19
      6,290
      347
      14
      638
      997
      -12
      -446
      -227
      -98
      -75
      -2
      -307
      -43
      -135
      -160
      -149
      2,770
      1,885
      307
      -231
      -73
      -4
      -34
      455
      92
      -10
      -3
      -172
      -499
      -230
      -115
      -111
      -186
      -94
      -304
      -198
      -203
      -39
      3,230
      -11,739
      -14
      -106
      147
      530
      70
      73
      45
      111
      11,405
      1
      2,442
      1,031
      19
      12
      269
      757
      1,594
      31
      16
      1,857
      1,771
      -692
      1,512
      118
      3,683
      -260
      -34
       
      135
      3,843
      2,338
      16,023
      300
      1
      23
      -6
      39
      1,019
      -208
      -1
      1,644
      -17
      -9
      -68
      -111
      -48
      -26
      767
      -34
      88
      -30
      -80
      -63
      -62
      -60
      -169
      -16
       
      39
      92
      13
      94
      93
      1,961
      -12
      548
      914
      2
      -3
      -8
      220
      102
      1,970
      1,371
      131
      -59
      -7
      -40
      -76
      -2
      1,541
      -2
      -81
      382
      560
      12
      968
      1,271
      44
      1
      87
      75
      62
      81
      70
      137
      110
      96
       
      1,282
      45
      238
      771
      208
      225
      557
      6,196
      671
      94
      849
      15
      112
      28
      220
      1,482
      -156
      -224
      -39
      43
      330
      974
      4,734
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 126,669
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) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the 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 page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2011 129,851 2,760,231 0.047044
2010 114,984 2,742,914 0.04192
2009 141,160 2,499,104 0.056484
2008 157,333 2,830,002 0.055595
2007      
2 Total of line 1, column (d) ...................... 2 0.201043
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. . . 		3 0.050261
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 2,907,356
5 Multiply line 4 by line 3....................... 5 146,127
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,828
7 Add lines 5 and 6......................... 7 147,955
8 Enter qualifying distributions from Part XII, line 4.............. 8 131,410
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.
Form 990-PF (2012)
Form 990-PF (2012)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 3,657
hereBulletand enter 1% 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-) 2 0
3 Add lines 1 and 2............................ 3 3,657
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,657
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 6,488
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,488
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,831
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet2,831 Refunded Bullet 11 0
Part VII-A
Statements Regarding Activities
1a
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 political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a 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 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
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....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
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?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletPA
    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 .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 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 addressbullet  
    14
    The books are in care ofbulletWELLS FARGO BANK NA Telephone no.bullet (336) 747-8182
    Located atbullet1 WEST 4TH STREETWINSTON SALEMNC ZIP+4bullet271013818
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 5
    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.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (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 termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2012?.............
    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 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    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 statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 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 period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2012.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    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 of the tax year beginning in 2012?
    4b
     
    No
    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 drive?...............
    (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 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (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)? ......
    5b
     
    No
    .........bullet
    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 grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    WELLS FARGO BANK NA CO TRUSTEE
    40     		21,721    
    1525 W WT HARRIS BLVD D1114 044
    CHARLOTTE,NC28288
    E TERRY BALDWIN ESQ CO TRUSTEE
    40     		6,600    
    42 SOUTH FRONT STREET
    MILTON,PA17847
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). 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) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    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
    1
     
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    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. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,860,783
    b
    Average of monthly cash balances.......................
    1b
    90,847
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,951,630
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    2,951,630
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    44,274
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,907,356
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    145,368
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    145,368
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    3,657
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,657
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    141,711
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    141,711
    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 XIII,
    line 1................................
    7
    141,711
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    131,410
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire 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:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    131,410
    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 (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    131,410
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7 141,711
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 0
    b Total for prior years:2010, 20, 20 0
    3 Excess distributions carryover, if any, to 2012:
    a From 2007....... 0
    b From 2008....... 0
    c From 2009....... 13,292
    d From 2010....... 0
    e From 2011....... 0
    fTotal of lines 3a through e......... 13,292
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 131,410
    a Applied to 2011, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2012 distributable amount..... 131,410
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2012. 10,301 10,301
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 2,991
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		2,991
    10 Analysis of line 9:
    a Excess from 2008.... 0
    b Excess from 2009.... 2,991
    c Excess from 2010.... 0
    d Excess from 2011.... 0
    e Excess from 2012.... 0
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2012, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    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 ....     		         
    3 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(j)(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 “Support” alternative 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(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList 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).)
    bList 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.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ITHACA COLLEGE
    935 DANBY ROAD
    ITHACA,NY14850     		NONE PUBLIC CHARITY SCHOLARSHIPS 1,156
    HOUGHTON COLLEGE
    1 WILLARD AVENUE
    HOUGHTON,NY14744     		NONE PUBLIC CHARITY SCHOLARSHIPS 4,122
    UNIVERSITY OF ROCHESTER
    PO BOX 2700037
    ROCHESTER,NY14642     		NONE PUBLIC CHARITY SCHOLARSHIPS 2,602
    SUNY FREDONIA
    STUDENTS ACCOUTNS
    FREDONIA,NY14063     		NONE PUBLIC EXEMPT SCHOLARSHIPS 2,307
    CALIFORNIA UNIVERSITY OF PA
    250 UNIVERSITY AVENUE
    CALIFORNIA,PA15419     		NONE PUBLIC CHARITY SCHOLARSHIP 1,573
    PHILADELPHIA UNIVERSITY
    SCHOOL HOUSE LANE
    PHILADELPHIA,PA19144     		NONE PUBLIC CHARITY SCHOLARSHIPS 2,550
    DREXEL UNIVERSITY
    3141 CHESTNUT STREET
    PHILADELPHIA,PA19104     		NONE PUBLIC CHARITY SCHOLARSHIPS 1,586
    MESSIAH COLLEGE
    1 COLLEGE AVENUE
    GRANTHAM,PA17027     		NONE PUBLIC CHARITY SCHOLARSHIP 2,096
    SUSQUEHANNA UNIVERSTIY
    514 UNIVERSITY AVE
    SELINSGROVE,PA17870     		NONE PUBLIC CHARITY SCHOLARHIPS 1,572
    BLOOMSBURG UNIVERSITY
    400 EAST SECOND STREET
    BLOOMSBERG,PA17815     		NONE PUBLIC CHARITY SCHOLARSHIP 1,246
    BUCKNELL UNIVERSITY
    369 MADISON AVENUE
    MILTON,PA17847     		NONE PUBLIC CHARITY SCHOLARSHIP 41,028
    WILKES UNIVERSITY
    84 W SOUTH STREET
    WILKES BARRE,PA18766     		NONE PUBLIC CHARITY SCHOLARSHSHIPS 11,787
    LYCOMING COLLEGE
    700 COLLEGE PLACE
    WILLIAMSPORT,PA17701     		NONE PUBLIC CHARITY SCHOLARSHIPS 3,097
    KING'S COLLEGE
    133 NORTH RIVER STREET
    WILKES BARRE,PA18711     		NONE PUBLIC CHARITY SCHOLARSHIPS 1,983
    PENN STATE UNIVERSITY
    531 OLD OAK LANE
    NEW COLUMBIA,PA17856     		NONE PUBLIC CHARITY SCHOLARSHIP 20,348
    UNIVERSITY OF PITTSBURGH
    2100 SENNOTT SQUARE
    PITTSBURG,PA15260     		NONE PUBLIC CHARITY SCHOLARSHIP 4,843
    INDIANA UNIVERSITY OF PA
    1090 SOUTH DRIVE
    INDIANA,PA15705     		NONE PUBLIC CHARITY SCHOLARSHIPS 6,483
    OHIO STATE UNIVERSITY
    281 WEST LANE AVE
    COLUMBUS,OH43210     		NONE PUBLIC CHARITY SCHOLARSHIPS 2,573
    JAMES MADISON UNIVERSITY
    170 BLUESTONE DR
    HARRISONBURG,VA22807     		NONE PUBLIC CHARITY SCHOLARSHIPS 4,003
    EMORY UNIVERSITY
    200 DOWMAN DRIVE
    ATLANTA,GA30322     		NONE PUBLIC CHARITY SCHOLARSHIPS 4,054
    FRANKLIN & MARSHALL
    OFFICE OF STUDENT AID
    LANCASTER,PA17604     		NONE PUBLIC CHARITY SCHOLARSHIP 2,071
    Total .................................bullet 3a 123,080
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 10  
    4 Dividends and interest from securities....     14 80,604  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 126,669  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   207,283  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13207,283
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    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...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    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 column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    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 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2012)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2012 AccountingFeesSchedule
    Name:
    DREIFUSSR-SCHOL 552-1513110455
    EIN: 23-6696194
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 700     700

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    DREIFUSSR-SCHOL 552-1513110455
    EIN: 23-6696194
    Name of Bond End of Year Book Value End of Year Fair Market Value
    04315J209 ARTIO TOTAL RETURN B    
    22541LAH6 CREDIT SUISSE FB USA    
    263534BN8 E.I. DU PONT DE NEMO 49,708 52,823
    40429CCS9 HSBC FINANCE CORP 24,878 27,100
    428236AY9 HEWLETT-PACKARD CO    
    438516AY2 HONEYWELL INTERNATIO 25,656 25,952
    46625HCA6 JPMORGAN CHASE & CO    
    693390304 PIMCO LOW DURATION F    
    693390593 PIMCO MODERATE DURAT    
    693390841 PIMCO HIGH YIELD FD-    
    713448BK3 PEPSICO INC 25,612 25,948
    72447WAU3 PITNEY BOWES INC 49,973 52,857
    20030N200 COMCAST CORP    
    237194105 DARDEN RESTAURANTS    
    372460105 GENUINE PARTS CO    
    459902102 INTERNATIONAL GAME    
    500255104 KOHLS CORP    
    855030102 STAPLES INC    
    887317303 TIME WARNER INC    
    872540109 TJX COS INC    
    194162103 COLGATE PALMOLIVE    
    13342B105 CAMERON INTL    
    20825C104 CONOCOPHILLIPS    
    25179M103 DEVON ENERGY CORP    
    30231G102 EXXON MOBIL CORP    
    637071101 NATIONAL OILWELL    
    674599105 OCCIDENTAL PETE    
    025816109 AMERICAN EXPRESS    
    03076C106 AMERIPRISE FINL INC    
    09247X101 BLACKROCK INC    
    125581801 CIT GROUP INC    
    354613101 FRANKLIN RESOURCES    
    571748102 MARSH AND MCLENNAN    
    59156R105 METLIFE INC    
    629491101 NYSE EURONEXT INC    
    744320102 PRUDENTIAL FINL INC    
    87236Y108 TD AMERITRADE HLDG    
    89417E109 TRAVELERS COMPANIES    
    002824100 ABBOTT LABS    
    00817Y108 AETNA INC    
    23918K108 DAVITA INC    
    50540R409 LABORATORY CRP    
    883556102 THERMO FISHER    
    91324P102 UNITEDHEALTH GROUP    
    097023105 BOEING CO    
    235851102 DANAHER CORP    
    244199105 DEERE AND CO    
    77434101 ROCKWELL COLLINS    
    94106L109 WASTE MANAGEMENT    
    037833100 APPLE INC    
    038222105 APPLIED MATERIALS    
    219350105 CORNING INC    
    24702R101 DELL INC    
    285512109 ELECTRONIC ARTS INC    
    31620M106 FIDELITY NATL    
    594918104 MICROSOFT CORP    
    68389X105 ORACLE CORP    
    882508104 TEXAS INSTRUMENTS    
    92826C839 VISA INC CLASS A    
    984332106 YAHOO INC COM    
    263531409 DU PONT E I DE NEMOU    
    460146103 INTERNATIONAL PAPER    
    74005P104 PRAXAIR INC COM    
    156700106 CENTURYLINK INC    
    67019E107 NSTAR    
    976657106 WISCONSIN ENERGY COR    
    G47791101 INGERSOLL RAND PLC    
    92276F100 VENTAS INC COM    
    372460105 GENUINE PARTS    
    681919106 OMNICOM GROUP    
    87612E106 TARGET CORP    
    978097103 WOLVERINE WORLD WIDE    
    713448108 PEPSICO INC    
    742718109 PROCTOR AND GAMBLE C    
    057224107 BAKER HUGHES INC    
    166764100 CHEVRON CORP    
    30231G102 EXXON MOBIL    
    115236101 BROWN AND BROWN    
    229899109 CULLEN FROST BANKERS    
    74144T108 T ROWE PRICE GROUP    
    14149Y108 CARDINAL HEALTH INC    
    532457108 ELI LILLY AND CO    
    478160104 JOHNSON AND JOHNSON    
    58933Y105 MERCK AND CO INC    
    863667101 STRYKER CORP    
    369550108 GENERAL DYNAMICS    
    384802104 GRAINGER W W INC    
    452308109 ILLINOIS TOOL WORKS    
    911312106 UNITED PARCEL SERVI    
    458140100 INTEL CORP    
    459200101 IBM CORP    
    535678106 LINEAR TECHNOLOGY    
    704326107 PAYCHEX INC    
    009158106 AIR PRODS AND CHEMS    
    012653101 ALBEMARLE CORP    
    397624107 GREIF INC CL A    
    00206R102 AT & T INC    
    29265N108 ENERGEN CORP    
    H0023R105 ACE LIMITED    
    29358Q109 ENSCO INTERNATIONAL    
    G6852T105 PARTNERRE LTD    
    881624209 TEVA PHARMACEUTICAL    

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    DREIFUSSR-SCHOL 552-1513110455
    EIN: 23-6696194
    Name of Stock End of Year Book Value End of Year Fair Market Value
    025076209 AMERICAN CENTURY EQU    
    256206103 DODGE & COX INT'L ST    
    256219106 DODGE & COX STOCK FU    
    411511306 HARBOR INTERNATION F 78,414 79,985
    464287465 ISHARES MSCI EAFE 70,695 78,183
    464287499 ISHARES TR RUSSELL M 136,385 147,369
    464287655 ISHARES RUSSELL 2000 142,580 149,074
    47103C241 PERKINS MID CAP VALU    
    52106N889 LAZARD EMERGING MKTS 47,715 57,610
    77954Q106 T ROWE PRICE BLUE CH 205,900 257,313
    94984B397 WELLS FARGO ADV SM C    
    961323409WESTPORT SELECT CAP F    
    002824100 ABBOTT LABS 9,802 11,856
    003021714 ABERDEEN EMERG MARKE 40,000 43,266
    00817Y108 AETNA INC-NEW 7,663 8,845
    00846U101 AGILENT TECHNOLOGIES 8,252 8,884
    025816109 AMERICAN EXPRESS CO 6,410 7,875
    03076C106 AMERIPRISE FINL INC 3,865 5,073
    037833100 APPLE INC 13,695 14,901
    038222105 APPLIED MATERIALS IN 5,599 5,285
    09247X101 BLACKROCK INC 8,647 10,749
    097023105 BOEING CO 8,801 10,023
    125581801 CIT GROUP INC. 6,323 6,530
    12572Q105 CME GROUP INC 6,312 6,080
    13342B105 CAMERON INTL CORP 5,883 6,380
    14040H105 CAPITAL ONE FINANCIA 5,210 5,561
    156700106 CENTURYLINK, INC 6,240 7,941
    192446102 COGNIZANT TECH SOLUT 5,426 6,280
    194162103 COLGATE PALMOLIVE CO 4,372 5,122
    20030N200 COMCAST CORP-SPECIAL 5,062 8,190
    235851102 DANAHER CORP 8,024 9,615
    23918K108 DAVITA HEALTHCARE PA 6,641 9,948
    244199105 DEERE & CO 5,878 6,654
    25179M103 DEVON ENERGY CORPORA 7,909 5,881
    263534109 DU PONT E I DE NEMOU 6,811 6,297
    278865100 ECOLAB INC 1,674 1,869
    285512109 ELECTRONIC ARTS INC 5,523 3,325
    30231G102 EXXON MOBIL CORPORAT 10,678 11,511
    314172560 FEDERATED STRAT VAL 8,473 8,920
    31620M106 FIDELITY NATL INFORM 4,872 6,579
    372460105 GENUINE PARTS CO 3,964 4,323
    459902102 INTERNATIONAL GAME T 5,034 4,095
    460146103 INTERNATIONAL PAPER 4,012 5,498
    464287168 ISHARES DOW JONES SE 199,365 204,690
    464287200 ISHARES CORE S & P 5 198,864 208,126
    500255104 KOHLS CORP 8,721 7,092
    50540R409 LABORATORY CRP OF AM 5,820 5,977
    571748102 MARSH & MCLENNAN COS 5,858 6,239
    580135101 MCDONALDS CORP 7,266 7,233
    594918104 MICROSOFT CORP 13,913 13,114
    637071101 NATIONAL OILWELL INC 7,989 8,134
    664397106 NORTHEAST UTILS 6,219 7,113
    674599105 OCCIDENTAL PETE CORP 6,096 7,431
    68389X105 ORACLE CORPORATION 10,358 10,296
    713448108 PEPSICO INC 7,559 7,527
    74005P104 PRAXAIR INC COM 9,263 9,960
    774341101 ROCKWELL COLLINS 4,857 5,061
    832696405 JM SMUCKER CO 4,046 4,226
    855030102 STAPLES INC 5,741 4,355
    87236Y108 TD AMERITRADE HLDG C 4,639 4,556
    872540109 TJX COS INC NEW 5,771 8,108
    882508104 TEXAS INSTRUMENTS IN 6,200 7,970
    883556102 THERMO FISHER SCIENT 4,576 5,868
    887317303 TIME WARNER INC 6,371 8,466
    89417E109 TRAVELERS COMPANIES, 3,650 4,453
    913017109 UNITED TECHNOLOGIES 4,133 3,936
    91324P102 UNITEDHEALTH GROUP I 6,122 7,865
    92276F100 VENTAS INC COM 6,494 7,702
    92826C839 VISA INC-CLASS A SHR 6,020 9,701
    976657106 WISCONSIN ENERGY COR 6,892 7,702
    G47791101 INGERSOLL-RAND PLC 4,474 6,762

    TY 2012 InvestmentsGovtObligationsSch
    Name:
    DREIFUSSR-SCHOL 552-1513110455
    EIN: 23-6696194
    US Government Securities - End of Year Book Value:

    25,243
    US Government Securities - End of Year Fair Market Value:

    25,941
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2012 InvestmentsOtherSchedule2
    Name:
    DREIFUSSR-SCHOL 552-1513110455
    EIN: 23-6696194
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    04315J209 ARTIO TOTAL RETURN B AT COST 243,722 249,024
    256210105 DODGE & COX INCOME F AT COST 69,000 69,050
    693390304 PIMCO LOW DURATION F AT COST 202,000 203,243
    693390593 PIMCO MODERATE DURAT AT COST 373,700 402,275
    693390841 PIMCO HIGH YIELD FD- AT COST 151,979 155,458

    TY 2012 LegalFeesSchedule
    Name:
    DREIFUSSR-SCHOL 552-1513110455
    EIN: 23-6696194
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - INCOME (ALLOCABLE 400     400


    TY 2012 OtherDecreasesSchedule
    Name:
    DREIFUSSR-SCHOL 552-1513110455
    EIN: 23-6696194
    Description Amount
    MUTUAL FUND POSTING DATE BEFORE TYE 2,042
    ROC BASIS ADJUSTMENT 176
    ROUNDING 2


    TY 2012 OtherExpensesSchedule
    Name:
    DREIFUSSR-SCHOL 552-1513110455
    EIN: 23-6696194
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SCHOLARSHIP ADMIN FEES 150 0   150


    TY 2012 OtherIncreasesSchedule
    Name:
    DREIFUSSR-SCHOL 552-1513110455
    EIN: 23-6696194
    Description Amount
    MUTUAL FUND TAX EFFECTIVE DATE BEFORE TYE 5,774


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    DREIFUSSR-SCHOL 552-1513110455
    EIN: 23-6696194
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MGMT FEES-SUBJECT T 2,462 2,462    


    TY 2012 TaxesSchedule
    Name:
    DREIFUSSR-SCHOL 552-1513110455
    EIN: 23-6696194
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 17 17   0
    FEDERAL TAX PAYMENT - PRIOR YE 3,993 0   0
    FEDERAL ESTIMATES - PRINCIPAL 6,488 0   0
    FOREIGN TAXES ON QUALIFIED FOR 399 399   0
    FOREIGN TAXES ON NONQUALIFIED 150 150   0