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
DELMAS CLARDY MEMORIAL UNITRUST FBO KY
 

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 5228 - TRUST TAX DEPT   Room/suite
City or town, state, and ZIP code
MARTINSVILLE, VA241155228
A Employer identification number

61-6188401
B Telephone number (see instructions)

(270) 689-2551
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$2,384,839J 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 8,513 8,513  
4 Dividends and interest from securities...... 56,794 56,794  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 98,376
b Gross sales price for all assets on line 6a 1,580,516
7 Capital gain net income (from Part IV, line 2)... 98,376
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)....... Click to see attachment 2,364 2,364  
12 Total. Add lines 1 through 11........ 166,047 166,047  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 29,031 29,031    
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions) Click to see attachment 1,158 1,158   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 1 1    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 30,190 30,190 0 0
25 Contributions, gifts, grants paid........ 116,383 116,383
26 Total expenses and disbursements. Add lines 24 and 25 146,573 30,190 0 116,383
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 19,474
b Net investment income (if negative, enter -0-) 135,857
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............... 4,410 62 62
2 Savings and temporary cash investments.......... 26,957 21,326 21,326
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) 174,719 323,818 351,558
b Investments—corporate stock (attach schedule)........ 1,779,888 1,079,522 1,154,801
c Investments—corporate bonds (attach schedule)........ 277,978 622,873 631,086
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........   235,421 226,006
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) 2,263,952 2,283,022 2,384,839
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......... 2,263,952 2,283,022
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).................... 2,263,952 2,283,022
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,263,952 2,283,022
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 2,263,952
2 Enter amount from Part I, line 27a..................... 2 19,474
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 2,283,426
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 404
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 2,283,022
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 110. AMGEN INCORPORATED   2011-05-18 2012-03-14
b 60. AON CORPORATION COMMON   2011-02-18 2012-03-14
c 8. APPLE COMPUTER CORPORATION COMMON   2010-11-19 2012-03-14
d 60. ARCHER DANIELS MIDLAND COMPANY   2011-09-23 2012-03-14
e 3435.052 ARTISAN MID CAP VALUE #1464 CLD TO NEW I   2010-11-19 2012-03-14
55.247 ARTISAN INTERNATIONAL SMALL CAP FUND # 1   2011-09-23 2012-03-14
1526.005 ARTISAN INTERNATIONAL SMALL CAP FUND # 1   2009-11-18 2012-03-14
420. BANK OF AMER CORP COMMON   2010-06-28 2012-03-14
140. CENOVUS ENERGY INC.   2010-11-19 2012-03-14
100. CENOVUS ENERGY INC.   2011-02-18 2012-03-14
320. CISCO SYSTEMS   2010-11-19 2012-03-14
390. CISCO SYSTEMS     2012-03-14
3444.13 COHEN & STEERS INTERNATIONAL REALTY FUND INC CL I FUND # 1396   2010-11-19 2012-03-14
270. COMCAST CORP NEW CL A   2009-09-09 2012-03-14
100. CORNING INCORPORATED   2010-11-19 2012-03-14
10. CORNING INCORPORATED   2011-09-23 2012-03-14
90. DISNEY WALT COMPANY   2003-01-29 2012-03-14
50. DOW CHEMICAL COMPANY   2011-09-23 2012-03-14
694.085 EAGLE SMALL CAP GROWTH FUND INST CL FUND   2010-11-19 2012-03-14
80. EXPRESS SCRIPTS COMMON   2011-09-23 2012-03-14
20. FEDEX CORPORATION   2010-11-19 2012-03-14
530. GENERAL ELECTRIC COMPANY     2012-03-14
3097.765 GOLDMAN SACHS GROWTH OPPORTUNITY FD   2010-11-24 2012-03-14
30. HONEYWELL INTERNATIONAL INC   2011-09-23 2012-03-14
130. J P MORGAN CHASE & CO   2005-04-29 2012-03-14
60. KOHLS CORP COMMON   2011-09-23 2012-03-14
90. KRAFT FOODS INC-A COMMON   2009-09-09 2012-03-14
170. LOWES COMPANIES INCORPORATED   2010-11-19 2012-03-14
60. LOWES COMPANIES INCORPORATED   2011-02-18 2012-03-14
70. MEDTRONIC INC   2009-06-11 2012-03-14
90. MERCK & CO INC     2012-03-14
110. METLIFE COMMON   2010-03-02 2012-03-14
140. MICROSOFT CORPORATION     2012-03-14
80. MORGAN STANLEY DEAN WITTER DIS CO   2010-04-14 2012-03-14
422.428 OPPENHEIMER DEVELOPING MARKETS FUND CL Y   2011-02-18 2012-03-14
30. QUALCOMM INC COMMON   2011-09-23 2012-03-14
120. ST JUDE MEDICAL INC COMMON   2011-09-23 2012-03-14
50. SCHLUMBERGER LTD   2008-02-04 2012-03-14
210. SOUTHWEST AIRLINES   2011-02-18 2012-03-14
350. SOUTHWEST AIRLINES   2010-11-19 2012-03-14
90. STAPLES INC COMMON   2010-11-19 2012-03-14
2826.157 STERLING CAPITAL SMALL VALUE FUND INST C   2010-11-19 2012-03-14
20. SUNCOR ENERGY, INC   2011-03-25 2012-03-14
210. SUNCOR ENERGY, INC   2009-09-09 2012-03-14
30. TARGET CORP COM   2011-02-18 2012-03-14
20. TARGET CORP COM   2010-06-28 2012-03-14
170. TEXAS INSTRUMENTS INCORPORATED   2010-11-19 2012-03-14
30. WAL MART STORES INCORPORATED   2010-07-15 2012-03-14
230. WELLS FARGO & CO NEW   2009-09-09 2012-03-14
60. WELLS FARGO & CO NEW   2011-05-18 2012-03-14
200. WEYERHAEUSER COMPANY   2011-05-18 2012-03-14
310. TE CONNECTIVITY LTD   2010-04-14 2012-03-14
20. TE CONNECTIVITY LTD   2011-03-25 2012-03-14
140. TYCO INTERNATIONAL LTD   2010-04-14 2012-03-14
98. ACCO BRANDS CORP COMMON   2012-03-14 2012-05-23
90. AT&T INC   2002-11-26 2012-05-23
30. ABBOTT LABORATORIES   1993-08-16 2012-05-23
80. AMERICAN EXPRESS COMPANY   2010-11-19 2012-05-23
30. AMGEN INCORPORATED   2011-05-18 2012-05-23
70. ARCHER DANIELS MIDLAND COMPANY   2011-09-23 2012-05-23
80.256 ARTISAN INTERNATIONAL SMALL CAP FUND # 1   2011-09-23 2012-05-23
60. BERKSHIRE HATHAWAY INC DEL CL B COMMON   2009-06-11 2012-05-23
70. CVS CORP COMMON   2011-09-23 2012-05-23
50. CARNIVAL CORP PAIRED CTF 1 COM   2011-05-18 2012-05-23
80. CISCO SYSTEMS   2011-05-18 2012-05-23
455.388 COHEN & STEERS INTERNATIONAL REALTY FUND INC CL I FUND # 1396   2010-11-19 2012-05-23
110. COMCAST CORP NEW CL A   2009-09-09 2012-05-23
110. DISNEY WALT COMPANY   2003-01-29 2012-05-23
90. DOW CHEMICAL COMPANY   2011-09-23 2012-05-23
40. EXPRESS SCRIPTS HOLDING CO COMMON   2011-09-23 2012-05-23
40. EXXON MOBIL CORPORATION   2010-01-06 2012-05-23
20. FEDEX CORPORATION   2010-11-19 2012-05-23
10. FEDEX CORPORATION   2011-09-23 2012-05-23
180. GENERAL ELECTRIC COMPANY   2010-11-19 2012-05-23
1509.906 GOLDMAN SACHS GROWTH OPPORTUNITY FD     2012-05-23
4. GOOGLE INC CL A   2010-11-19 2012-05-23
80. HONEYWELL INTERNATIONAL INC   2011-09-23 2012-05-23
15. INTERNATIONAL BUSINESS MACHINES CORP   2010-11-19 2012-05-23
60. J P MORGAN CHASE & CO     2012-05-23
50. JOHNSON & JOHNSON   1996-09-10 2012-05-23
70. KOHLS CORP COMMON   2011-09-23 2012-05-23
40. KRAFT FOODS INC-A COMMON   2009-09-09 2012-05-23
80. MEDTRONIC INC   2009-06-11 2012-05-23
260. NATURAL RESOURCE PARTNERS LP   2012-03-14 2012-05-23
180. ORACLE SYSTEM CORPORATION   2009-06-11 2012-05-23
1137.215 PIMCO TOTAL RETURN FUND 35   2011-09-23 2012-05-23
60. PEPSICO INCORPORATED   1991-11-25 2012-05-23
30. PHILLIPS 66 COMMON   2009-09-09 2012-05-23
80. ST JUDE MEDICAL INC COMMON   2011-09-23 2012-05-23
190. SOUTHWEST AIRLINES   2010-11-19 2012-05-23
60. STAPLES INC COMMON   2011-03-25 2012-05-23
160. STAPLES INC COMMON   2010-11-19 2012-05-23
270.436 STERLING CAPITAL SMALL VALUE FUND INST C   2011-09-23 2012-05-23
260.326 STERLING CAPITAL SMALL VALUE FUND INST C     2012-05-23
1779.093 STERLING CAPITAL TOTAL RETURN BOND FUND     2012-05-23
1214.387 STERLING CAPITAL INTERMEDIATE U.S. GOVERNMENT FUND INST CL FU   2009-11-18 2012-05-23
50. TARGET CORP COM   2011-02-18 2012-05-23
50. TEXAS INSTRUMENTS INCORPORATED   2011-03-25 2012-05-23
30. TEXAS INSTRUMENTS INCORPORATED   2010-11-19 2012-05-23
30. VERIFONE HOLDINGS INC COMMON   2012-03-14 2012-05-23
50. WAL MART STORES INCORPORATED   2010-07-15 2012-05-23
30. WAL MART STORES INCORPORATED   2011-03-25 2012-05-23
80. WEYERHAEUSER COMPANY   2011-05-18 2012-05-23
40. AON PLC   2011-02-18 2012-05-23
40. TYCO INTERNATIONAL LTD   2011-09-23 2012-05-23
.321 KINDER MORGAN MANAGEMENT LLC   2012-03-14 2012-05-24
.96 ACCO BRANDS CORP COMMON   2012-03-14 2012-06-18
30000. FED HOME LOAN MORT CORP DTD 7/16/02 5.12   2005-10-24 2012-07-15
98. AT&T INC   2002-11-26 2012-08-28
20. ALLERGAN INC   2012-05-23 2012-08-28
30. AMERICAN EXPRESS COMPANY   2010-11-19 2012-08-28
8. APPLE COMPUTER CORPORATION COMMON   2010-11-19 2012-08-28
155.936 ARTISAN MID CAP VALUE #1464 CLD TO NEW I   2010-11-19 2012-08-28
154.906 ARTISAN INTERNATIONAL SMALL CAP FUND # 1   2011-09-23 2012-08-28
40. CVS CORP COMMON   2011-09-23 2012-08-28
30. COACH INC   2012-05-23 2012-08-28
50. COGNIZANT TECHNOLOGY SOLUTIONS CORP     2012-08-28
60. COMCAST CORP NEW CL A   2009-09-09 2012-08-28
120. CORNING INCORPORATED   2011-09-23 2012-08-28
120. CORNING INCORPORATED   2010-11-19 2012-08-28
20. DIAGEO PLC SPONSORED ADR   2012-05-23 2012-08-28
66. DISNEY WALT COMPANY   2003-01-29 2012-08-28
20. EOG RESOURCES INC   2012-03-14 2012-08-28
178.49 EAGLE SMALL CAP GROWTH FUND INST CL FUND   2010-11-19 2012-08-28
20. EDWARDS LIFESCIENCES CORP COMMON   2012-05-23 2012-08-28
100. GENERAL ELECTRIC COMPANY   2011-09-23 2012-08-28
30. HEWLETT PACKARD COMPANY   2011-03-25 2012-08-28
40. HEWLETT PACKARD COMPANY   2010-11-19 2012-08-28
60. INTEL CORPORATION   2006-06-19 2012-08-28
70. INTERNATIONAL PAPER COMPANY   2010-11-19 2012-08-28
40. J P MORGAN CHASE & CO   2011-02-18 2012-08-28
60. J P MORGAN CHASE & CO   2006-04-17 2012-08-28
40. ESTEE LAUDER COMMON   2012-05-23 2012-08-28
30. LOCKHEED MARTIN CORP   2010-03-02 2012-08-28
50. MEAD JOHNSON NUTRITION COMPANY COMMON   2012-03-14 2012-08-28
50. MEDTRONIC INC   2009-06-11 2012-08-28
90. MERCK & CO INC   2008-08-05 2012-08-28
120. METLIFE COMMON   2010-03-02 2012-08-28
180. MORGAN STANLEY DEAN WITTER DIS CO   2010-04-14 2012-08-28
50. NETAPP INC   2012-05-23 2012-08-28
20. NETFLIX INC COMMON   2012-03-14 2012-08-28
30. ORACLE SYSTEM CORPORATION   2011-09-23 2012-08-28
20. ORACLE SYSTEM CORPORATION   2009-06-11 2012-08-28
50. ROCKWELL INTERNATIONAL CORP NEW     2012-08-28
20. SALESFORCE.COM INC COMMON   2012-03-14 2012-08-28
180. SOUTHWEST AIRLINES   2011-02-18 2012-08-28
30. SOUTHWEST AIRLINES   2010-11-19 2012-08-28
120. STAPLES INC COMMON     2012-08-28
40. STARWOOD HOTELS & RESORTS   2012-03-14 2012-08-28
50. SUNCOR ENERGY, INC   2011-03-25 2012-08-28
60. TEXAS INSTRUMENTS INCORPORATED   2011-09-23 2012-08-28
30. THERMO ELECTRON COMMON   2011-02-18 2012-08-28
60. THOMSON REUTERS CORP COMMON   2012-03-14 2012-08-28
50. TRACTOR SUPPLY COMPANY COMMON   2012-03-14 2012-08-28
100. WEYERHAEUSER COMPANY   2011-05-18 2012-08-28
50. YUM! BRANDS, INC. COMMON   2012-05-23 2012-08-28
.71 KINDER MORGAN MANAGEMENT LLC   2012-03-14 2012-08-29
40000. GOLDMAN SACHS GROUP INC. DTD 08/27/2002   2007-02-01 2012-09-01
.667 KRAFT FOODS GROUP INC COMMON   2009-09-09 2012-10-19
100. ABB LTD SPONSORED ADR   2009-01-02 2012-11-05
70. AGCO CORPORATION COMMON   2012-03-14 2012-11-05
865.211 AQR MANAGED FUTURES STRATEGY FUND INST C   2010-11-19 2012-11-05
25. AFFILIATED MANAGERS GROUP INC   2012-03-14 2012-11-05
620. ALCOA INC     2012-11-05
240. ALCOA INC   2010-11-19 2012-11-05
90. AMERICAN INTERNATIONAL GROUP INC COMMON   2012-08-28 2012-11-05
510. ANHEUSER-BUSCH INBEV NV SPN ADR   2012-08-28 2012-11-05
983.194 ARTISAN MID CAP VALUE #1464 CLD TO NEW I     2012-11-05
90. BAKER HUGHES INCORPORATED   2011-09-23 2012-11-05
15. BIOGEN IDEC INC COMMON   2012-03-14 2012-11-05
40. BOEING COMPANY   2012-05-23 2012-11-05
20. BORGWARNER AUTOMOTIVE INC COMMON   2012-05-23 2012-11-05
230. BRISTOL MYERS SQUIBB COMPANY   2012-08-28 2012-11-05
80. BROADRIDGE FINANCIAL SOLUTIONS LLC COMMO   2012-03-14 2012-11-05
50. CVS CORP COMMON   2011-09-23 2012-11-05
50. CENOVUS ENERGY INC.   2011-05-18 2012-11-05
20. CITRIX SYSTEMS   2012-08-28 2012-11-05
180. COCA COLA COMPANY   2011-09-23 2012-11-05
932.451 COHEN & STEERS INTERNATIONAL REALTY FUND INC CL I FUND # 1396     2012-11-05
60. CONOCOPHILLIPS COM   2009-09-09 2012-11-05
110. CROWN CASTLE INTL CORP COMMON   2012-05-23 2012-11-05
110. DARLING INTERNATIONAL INC COMMON   2012-03-14 2012-11-05
30. DIAGEO PLC SPONSORED ADR   2012-05-23 2012-11-05
120. DISCOVERY COMMUNICATIONS A COMMON   2012-08-28 2012-11-05
190. EMC CORPORATION COMMON     2012-11-05
828.685 EAGLE SMALL CAP GROWTH FUND INST CL FUND     2012-11-05
50. EDWARDS LIFESCIENCES CORP COMMON   2012-05-23 2012-11-05
60. EXPRESS SCRIPTS HOLDING CO COMMON   2011-09-23 2012-11-05
40. EXXON MOBIL CORPORATION   2010-01-06 2012-11-05
100. FACEBOOK INC-A COMMON   2012-05-23 2012-11-05
80. FAMILY DOLLAR STORES INCORPORATED     2012-11-05
40. FEDEX CORPORATION   2011-09-23 2012-11-05
65. FLOWSERVE CORP COM   2012-03-14 2012-11-05
1413.689 GOLDMAN SACHS GROWTH OPPORTUNITY FD     2012-11-05
90. HONEYWELL INTERNATIONAL INC   2011-09-23 2012-11-05
30. ILLINOIS TOOL WORKS   2012-03-14 2012-11-05
90. ILLUMINA INC     2012-11-05
20. INTERNATIONAL BUSINESS MACHINES CORP   2010-11-19 2012-11-05
60. JOHNSON & JOHNSON   1996-09-10 2012-11-05
50. JOY GLOBAL INC COMMON   2012-03-14 2012-11-05
130. KINDER MORGAN INC COMMON   2012-08-28 2012-11-05
70. LAS VEGAS SANDS CORP   2012-03-14 2012-11-05
90. LINKEDIN CORP COMMON   2012-08-28 2012-11-05
2046.476 METROPOLITAN WEST TOTAL RETURN BOND FUND   2010-11-19 2012-11-05
110. MONDELEZ INTERNATIONAL INC. COMMON   2009-09-09 2012-11-05
20. NATIONAL-OILWELL INC   2012-03-14 2012-11-05
90. NEWFIELD EXPL CO COM   2012-03-14 2012-11-05
20. NIKE INCORPORATED CLASS B   2012-05-23 2012-11-05
120. OGE ENERGY CORP COMMON   2012-05-23 2012-11-05
20. O'REILLY AUTOMOTIVE INC COMMON   2012-08-28 2012-11-05
50. OMNICOM GROUP INCORPORATED   2012-05-23 2012-11-05
70. ORACLE SYSTEM CORPORATION   2011-09-23 2012-11-05
759.328 OPPENHEIMER DEVELOPING MARKETS FUND CL Y   2011-02-18 2012-11-05
3119.507 PIMCO TOTAL RETURN FUND 35   2011-09-23 2012-11-05
120. PFIZER INCORPORATED   2011-09-23 2012-11-05
80. PHILIP MORRIS INTERNATIONAL   2012-03-14 2012-11-05
20. POLARIS INDUSTRIES INC   2012-03-14 2012-11-05
20. PRAXAIR,INC   2012-03-14 2012-11-05
30. PRECISION CASTPARTS CORP   2012-03-14 2012-11-05
40. PROCTOR AND GAMBLE COMPANY   2011-02-18 2012-11-05
50. PROCTOR AND GAMBLE COMPANY   2010-11-19 2012-11-05
80. RANGE RESOURCES CORP COMMON   2012-05-23 2012-11-05
90. SAFEWAY INC   2012-03-14 2012-11-05
80. SANDISK CORP   2012-03-14 2012-11-05
130. AMEX FINANCIAL SELECT SPDR   2011-09-23 2012-11-05
90. UTILITIES SELECT SECTOR SPDR FUND   2010-03-02 2012-11-05
15. SHERWIN WILLIAMS   2012-08-28 2012-11-05
30. STARWOOD HOTELS & RESORTS   2012-05-23 2012-11-05
7952.4 STERLING CAPITAL CORPORATE FUND NAME&CUSIP CHGE TO 85917K710   2011-09-23 2012-11-05
4574.162 STERLING CAPITAL TOTAL RETURN BOND FUND     2012-11-05
5479.5 STERLING CAPITAL INTERMEDIATE U.S. GOVERNMENT FUND INST CL FUND     2012-11-05
110. TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR   2012-03-14 2012-11-05
30. TERADATA CORP COMMON   2012-08-28 2012-11-05
50. THERMO ELECTRON COMMON   2011-02-18 2012-11-05
120. THOR INDS INC COMMON   2012-03-14 2012-11-05
20. TRACTOR SUPPLY COMPANY COMMON   2012-05-23 2012-11-05
180. TRINITY INDS INC   2012-03-14 2012-11-05
180. TYSON FOODS, INC. COMMON     2012-11-05
40. UNDER ARMOUR INC COMMON   2012-05-23 2012-11-05
30. UNITED HEALTH GROUP INC   2012-05-23 2012-11-05
15. V F CORP COMMON   2012-05-23 2012-11-05
140. VERIZON COMMUNICATIONS INC   2012-05-23 2012-11-05
60. VERTEX PHARMACEUTICALS INC   2012-08-28 2012-11-05
230. WASTE MANAGEMENT INC NEW   2012-05-23 2012-11-05
60. COVIDIEN PLC     2012-11-05
50. ASML HOLDING NV   2012-05-23 2012-11-05
.805 KINDER MORGAN MANAGEMENT LLC   2012-03-14 2012-12-04
(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 7,538   6,695 843
b 2,933   3,141 -208
c 4,704   2,452 2,252
d 1,910   1,522 388
e 74,300   68,186 6,114
1,088   904 184
30,062   26,476 3,586
3,696   6,493 -2,797
5,238   4,054 1,184
3,742   3,646 96
6,475   6,278 197
7,891   6,561 1,330
35,819   39,608 -3,789
8,051   4,547 3,504
1,390   1,780 -390
139   124 15
3,879   1,479 2,400
1,724   1,192 532
30,345   24,550 5,795
4,376   3,110 1,266
1,845   1,744 101
10,512   2,924 7,588
79,086   73,262 5,824
1,819   1,278 541
5,670   4,560 1,110
3,073   2,758 315
3,434   2,404 1,030
5,171   3,738 1,433
1,825   1,562 263
2,715   2,376 339
3,441   3,263 178
4,121   4,042 79
4,587   3,766 821
1,500   2,496 -996
14,088   14,574 -486
1,961   1,507 454
5,079   4,586 493
3,695   3,898 -203
1,705   2,633 -928
2,842   4,743 -1,901
1,430   1,907 -477
35,723   34,225 1,498
663   903 -240
6,966   6,847 119
1,755   1,558 197
1,170   1,006 164
5,478   5,421 57
1,826   1,501 325
7,653   6,387 1,266
1,996   1,724 272
4,392   4,398 -6
11,076   8,979 2,097
715   687 28
7,413   5,590 1,823
919   1,109 -190
2,990   2,542 448
1,837   352 1,485
4,399   3,401 998
2,043   1,826 217
2,219   1,776 443
1,477   1,314 163
4,737   3,551 1,186
3,113   2,391 722
1,573   1,996 -423
1,322   1,314 8
4,244   5,237 -993
3,139   1,852 1,287
4,837   1,807 3,030
2,684   2,145 539
2,045   1,555 490
3,237   2,795 442
1,733   1,744 -11
866   675 191
3,386   2,916 470
37,008   36,686 322
2,406   2,369 37
4,511   3,409 1,102
2,914   2,178 736
2,015   2,391 -376
3,153   1,252 1,901
3,376   3,218 158
1,532   1,069 463
2,910   2,715 195
6,147   6,698 -551
4,748   3,801 947
12,771   12,350 421
4,055   550 3,505
931   633 298
3,069   3,058 11
1,536   2,575 -1,039
811   1,207 -396
2,164   3,390 -1,226
3,086   2,918 168
2,970   3,356 -386
19,499   19,360 139
13,188   12,860 328
2,813   2,597 216
1,439   1,745 -306
863   957 -94
1,371   1,517 -146
3,207   2,501 706
1,924   1,571 353
1,547   1,759 -212
1,845   2,094 -249
2,140   1,720 420
22   25 -3
9   11 -2
30,000   30,690 -690
3,604   2,768 836
1,696   1,773 -77
1,727   1,275 452
5,392   2,452 2,940
3,251   3,095 156
2,988   2,536 452
1,822   1,366 456
1,699   2,017 -318
3,223   3,317 -94
2,038   1,010 1,028
1,396   1,492 -96
1,396   2,136 -740
2,171   1,859 312
3,265   1,084 2,181
2,175   2,324 -149
7,479   6,313 1,166
2,005   1,671 334
2,080   1,518 562
508   1,274 -766
677   1,677 -1,000
1,493   1,104 389
2,397   1,742 655
1,489   1,915 -426
2,233   2,534 -301
2,401   2,160 241
2,764   2,385 379
3,662   4,017 -355
2,023   1,697 326
3,861   3,128 733
4,133   4,410 -277
2,623   5,616 -2,993
1,732   1,606 126
1,264   2,078 -814
952   869 83
634   422 212
3,601   3,995 -394
2,915   3,013 -98
1,613   2,257 -644
269   407 -138
1,284   2,055 -771
2,191   2,261 -70
1,593   2,257 -664
1,764   1,622 142
1,687   1,735 -48
1,752   1,729 23
4,808   4,386 422
2,463   2,199 264
3,197   3,488 -291
52   53 -1
40,000   40,624 -624
31   19 12
1,814   1,507 307
3,198   3,544 -346
8,168   8,799 -631
3,208   2,797 411
5,319   10,705 -5,386
2,059   3,192 -1,133
2,941   3,100 -159
41,909   42,754 -845
20,942   19,438 1,504
3,778   4,478 -700
2,086   1,818 268
2,813   2,810 3
1,337   1,501 -164
7,599   7,621 -22
1,858   1,956 -98
2,335   1,708 627
1,726   1,739 -13
1,248   1,547 -299
6,627   6,062 565
10,462   10,629 -167
3,451   2,131 1,320
7,364   5,864 1,500
1,744   1,936 -192
3,426   2,788 638
7,102   6,439 663
4,702   4,955 -253
35,277   33,315 1,962
4,414   4,177 237
3,761   2,333 1,428
3,604   2,795 809
2,114   3,181 -1,067
5,217   5,068 149
3,705   2,700 1,005
8,973   7,635 1,338
36,035   34,614 1,421
5,643   3,835 1,808
1,867   1,711 156
4,301   4,060 241
3,875   2,904 971
4,238   1,502 2,736
3,181   3,970 -789
4,403   4,568 -165
3,106   3,889 -783
9,401   9,616 -215
22,675   21,815 860
2,886   1,907 979
1,434   1,617 -183
2,397   3,227 -830
1,901   2,133 -232
6,878   6,357 521
1,775   1,741 34
2,411   2,470 -59
2,173   2,027 146
25,817   26,197 -380
36,155   33,878 2,277
2,954   2,101 853
6,892   6,813 79
1,723   1,351 372
2,177   2,219 -42
5,235   5,253 -18
2,736   2,575 161
3,419   3,190 229
5,293   5,028 265
1,503   1,971 -468
3,516   3,967 -451
2,069   1,522 547
3,205   2,676 529
2,153   2,132 21
1,584   1,561 23
85,965   79,524 6,441
51,093   50,453 640
59,288   58,386 902
1,734   1,647 87
1,897   2,296 -399
3,091   2,892 199
4,805   4,003 802
1,892   1,930 -38
5,642   6,131 -489
3,065   3,487 -422
2,108   1,866 242
1,653   1,646 7
2,378   2,059 319
6,170   5,753 417
2,774   3,218 -444
7,405   7,564 -159
3,343   3,203 140
2,826   2,290 536
60   60  
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       843
b       -208
c       2,252
d       388
e       6,114
      184
      3,586
      -2,797
      1,184
      96
      197
      1,330
      -3,789
      3,504
      -390
      15
      2,400
      532
      5,795
      1,266
      101
      7,588
      5,824
      541
      1,110
      315
      1,030
      1,433
      263
      339
      178
      79
      821
      -996
      -486
      454
      493
      -203
      -928
      -1,901
      -477
      1,498
      -240
      119
      197
      164
      57
      325
      1,266
      272
      -6
      2,097
      28
      1,823
      -190
      448
      1,485
      998
      217
      443
      163
      1,186
      722
      -423
      8
      -993
      1,287
      3,030
      539
      490
      442
      -11
      191
      470
      322
      37
      1,102
      736
      -376
      1,901
      158
      463
      195
      -551
      947
      421
      3,505
      298
      11
      -1,039
      -396
      -1,226
      168
      -386
      139
      328
      216
      -306
      -94
      -146
      706
      353
      -212
      -249
      420
      -3
      -2
      -690
      836
      -77
      452
      2,940
      156
      452
      456
      -318
      -94
      1,028
      -96
      -740
      312
      2,181
      -149
      1,166
      334
      562
      -766
      -1,000
      389
      655
      -426
      -301
      241
      379
      -355
      326
      733
      -277
      -2,993
      126
      -814
      83
      212
      -394
      -98
      -644
      -138
      -771
      -70
      -664
      142
      -48
      23
      422
      264
      -291
      -1
      -624
      12
      307
      -346
      -631
      411
      -5,386
      -1,133
      -159
      -845
      1,504
      -700
      268
      3
      -164
      -22
      -98
      627
      -13
      -299
      565
      -167
      1,320
      1,500
      -192
      638
      663
      -253
      1,962
      237
      1,428
      809
      -1,067
      149
      1,005
      1,338
      1,421
      1,808
      156
      241
      971
      2,736
      -789
      -165
      -783
      -215
      860
      979
      -183
      -830
      -232
      521
      34
      -59
      146
      -380
      2,277
      853
      79
      372
      -42
      -18
      161
      229
      265
      -468
      -451
      547
      529
      21
      23
      6,441
      640
      902
      87
      -399
      199
      802
      -38
      -489
      -422
      242
      7
      319
      417
      -444
      -159
      140
      536
       
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 98,376
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 107,453 2,353,494 0.045657
2010 73,132 2,273,620 0.032165
2009 61,595 2,057,586 0.029936
2008 77,064 2,227,469 0.034597
2007      
2 Total of line 1, column (d) ...................... 2 0.142355
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 0.035589
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 2,325,560
5 Multiply line 4 by line 3....................... 5 82,764
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,359
7 Add lines 5 and 6......................... 7 84,123
8 Enter qualifying distributions from Part XII, line 4.............. 8 116,383
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 1,359
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 1,359
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 1,359
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 1,292
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 1,292
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 67
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet   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)
    bulletKY
    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 ofbulletBRANCH BANKING AND TRUST Telephone no.bullet (270) 689-2551
    Located atbullet230 FREDERICA STOWENSBOROKY ZIP+4bullet423013003
    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
     
     
    .........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
     
     
    .........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
    BRANCH BANKING AND TRUST COMPANY TRUSTEE
    1     		29,031    
    230 FREDERICA ST
    OWENSBORO,KY423013003
    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
    2,332,972
    b
    Average of monthly cash balances.......................
    1b
    28,003
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,360,975
    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
    2,360,975
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    35,415
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,325,560
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    116,278
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    116,278
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    1,359
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,359
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    114,919
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    114,919
    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
    114,919
    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
    116,383
    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
    116,383
    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
    1,359
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    115,024
    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 7 114,919
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 116,383
    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....... 0
    d From 2010....... 0
    e From 2011....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 116,383
    a Applied to 2011, but not more than line 2a 116,383
    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..... 0
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2012. 0 0
    (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 0
    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 ..........     		114,919
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2008.... 0
    b Excess from 2009.... 0
    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).)
    NONE
    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.
    NONE
    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
    KENTUCKY WESLEYAN COLLEGE
    ATTN CONTROLLER
    3000 FREDERICA STREET
    OWENSBORO,KY42301     		NONE EXEMPT TO PROVIDE SCHOLARSHIPS 116,383
    Total .................................bullet 3a 116,383
    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 8,513  
    4 Dividends and interest from securities....     14 56,794  
    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 98,376  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aLITIGATION PROCEED     14 7  
    bFEDERAL TAX REFUND     01 2,357  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   166,047  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13166,047
    (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 OtherDecreasesSchedule
    Name:
    DELMAS CLARDY MEMORIAL UNITRUST FBO KY
    EIN: 61-6188401
    Description Amount
    DIFF IN MUTUAL FDS REC/REPORTED 404


    TY 2012 OtherExpensesSchedule
    Name:
    DELMAS CLARDY MEMORIAL UNITRUST FBO KY
    EIN: 61-6188401
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER ALLOCABLE EXPENSES - 2% 1 1   0


    TY 2012 OtherIncomeSchedule2
    Name:
    DELMAS CLARDY MEMORIAL UNITRUST FBO KY
    EIN: 61-6188401
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income


    TY 2012 TaxesSchedule
    Name:
    DELMAS CLARDY MEMORIAL UNITRUST FBO KY
    EIN: 61-6188401
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 74 74   0
    FOREIGN TAXES ON QUALIFIED FOR 834 834   0
    FOREIGN TAXES ON NONQUALIFIED 250 250   0