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
JOHN & ARDELL BRUMIT EDUCATIONAL TRUST
 

Number and street (or P.O. box number if mail is not delivered to street address)ONE M T PLAZA 8TH FLOOR   Room/suite
City or town, state, and ZIP code
BUFFALO, NY14203
A Employer identification number

26-6771544
B Telephone number (see instructions)

(716) 842-5506
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$1,014,909J 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      
4 Dividends and interest from securities...... 22,946 22,877  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 24,020
b Gross sales price for all assets on line 6a 336,191
7 Capital gain net income (from Part IV, line 2)... 24,020
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........ 46,966 46,897  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 10,082 10,082    
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 2,785 376   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 224 224    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 13,091 10,682 0 0
25 Contributions, gifts, grants paid........ 49,400 49,400
26 Total expenses and disbursements. Add lines 24 and 25 62,491 10,682 0 49,400
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -15,525
b Net investment income (if negative, enter -0-) 36,215
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............... 1,375    
2 Savings and temporary cash investments.......... 86,338 36,992 36,992
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)      
b Investments—corporate stock (attach schedule)........      
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 872,274 Click to see attachment907,476 977,917
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) 959,987 944,468 1,014,909
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......... 959,987 944,468
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).................... 959,987 944,468
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 959,987 944,468
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)............... 1 959,987
2 Enter amount from Part I, line 27a..................... 2 -15,525
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 6
4 Add lines 1, 2, and 3.......................... 4 944,468
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 944,468
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 1513.89 LSV VALUE EQUITY FUND STRATEGY   2011-01-10 2012-02-01
b 10. ALBEMARLE CORPORATION   2011-11-03 2012-02-01
c 4. ALEXANDER & BALDWIN INCORPORATED   2011-12-12 2012-02-01
d 1082.71 DWS FLOATING RATE CL I   2011-05-09 2012-02-01
e 6. DELL INC   2011-11-03 2012-02-01
13.39 DREYFUS INTERNATIONAL BOND CL I   2011-12-12 2012-02-01
304.895 DREYFUS INTERNATIONAL BOND CL I   2010-04-21 2012-02-01
8. E M C CORPORATION MASSACHUSETTS   2011-11-03 2012-02-01
2. EATON VANCE CORPORATION NON VOTING   2011-11-03 2012-02-01
2. FEDEX CORPORATION   2011-11-03 2012-02-01
159.402 GOLDMAN SACHS GROWTH OPPTYS FD #1132   2010-04-21 2012-02-01
54.548 GUINNESS ATKINSON CHINA HONG KONG FD   2011-05-09 2012-02-01
.449 GUINNESS ATKINSON CHINA HONG KONG FD   2010-12-30 2012-02-01
2.158 GUINNESS ATKINSON GLOBAL ENERGY FUND   2011-05-09 2012-02-01
314.967 HARBOR FUND INTERNATIONAL FUND OPEN   2009-05-19 2012-02-01
8.294 T ROWE PRICE LRG CAP GROWTH FD INST   2011-01-10 2012-02-01
63.896 LAZARD EMRG MARKETS EQUITY FD CL-I   2011-11-03 2012-02-01
784.862 LITMAN GREGORY MSTRS INTL FD CL-INST   2010-04-21 2012-02-01
2. LOWES COMPANIES INCORPORATED   2011-11-03 2012-02-01
9.323 MTB SM CAP GRWTH-INST I-FD #555   2011-06-21 2012-02-01
675.332 MTB SH TERM CORP BD-INST I-#518   2011-05-09 2012-02-01
349.27 MTB INCOME FUND-INST I-FD #143   2011-05-09 2012-02-01
10. MICROSOFT CORPORATION   2011-11-03 2012-02-01
906.934 MORGAN STANLEY FOCUS GROWTH FD CL-I   2011-01-10 2012-02-01
10.97 RIDGEWORTH SEIX FLTNG RT HI INC FD I   2010-04-21 2012-02-01
4. UDR INC COM   2011-11-03 2012-02-01
4. WELLS FARGO & COMPANY NEW   2011-12-12 2012-02-01
.535 KINDER MORGAN MANAGEMENT LLC   2011-12-12 2012-02-21
2. ALBEMARLE CORPORATION   2011-11-03 2012-02-24
34. BERKSHIRE HATHAWAY INC DEL CL B   2012-02-01 2012-02-24
16. BRISTOL MYERS SQUIBB COMPANY   2012-02-01 2012-02-24
6. COCA COLA COMPANY   2011-11-03 2012-02-24
2. CONOCOPHILLIPS   2011-11-03 2012-02-24
6. DUKE ENERGY CORP   2012-02-01 2012-02-24
2. FEDEX CORPORATION   2011-11-03 2012-02-24
12. HATTERAS FINANCIAL CORP   2011-12-12 2012-02-24
2. HERSHEY FOODS CORPORATION   2012-02-01 2012-02-24
6. LOWES COMPANIES INCORPORATED   2011-11-03 2012-02-24
10. MEADWESTVACO CORPORATION   2012-02-01 2012-02-24
4. PHILIP MORRIS INTL INC   2011-12-12 2012-02-24
14. UDR INC COM   2011-11-03 2012-02-24
16. VERIZON COMMUNICATIONS   2012-02-01 2012-02-24
4. WAL MART STORES INCORPORATED   2011-12-12 2012-02-24
10. WELLS FARGO & COMPANY NEW   2011-12-12 2012-02-24
6. BROWN-FORMAN CORP CL B   2011-12-12 2012-03-22
48. DUKE ENERGY CORP   2011-11-03 2012-03-22
4. HERSHEY FOODS CORPORATION   2011-11-03 2012-03-22
14. JOHNSON & JOHNSON   2011-12-12 2012-03-22
4. CONOCOPHILLIPS   2011-11-03 2012-05-03
14. MEADWESTVACO CORPORATION   2011-11-03 2012-05-03
.6097 KINDER MORGAN MANAGEMENT LLC   2012-02-24 2012-05-21
8. ALEXANDER & BALDWIN HOLDINGS, INC   2012-02-24 2012-06-08
.3892 ACCO BRANDS CORP   2012-05-03 2012-06-18
.5906 KINDER MORGAN MANAGEMENT LLC   2012-02-24 2012-08-30
289.355 LSV VALUE EQUITY FUND STRATEGY   2011-01-10 2012-09-24
4. ALEXANDER & BALDWIN INC   2011-11-03 2012-09-24
12. ALTRIA GROUP INC   2012-02-24 2012-09-24
55.942 ARTIO GLOBAL HIGH INCOME FD CLASS I   2010-04-21 2012-09-24
4. BERKSHIRE HATHAWAY INC DEL CL B   2011-11-03 2012-09-24
2. BRISTOL MYERS SQUIBB COMPANY   2011-11-03 2012-09-24
2. BROWN-FORMAN CORP CL B   2011-11-03 2012-09-24
4. CHEVRONTEXACO CORPORATION   2011-11-03 2012-09-24
4. COCA COLA COMPANY   2011-11-03 2012-09-24
2. DOMINION RESOURCES INCORPORATED NEW   2012-02-24 2012-09-24
28.82 DREYFUS INTERNATIONAL BOND CL I   2010-04-21 2012-09-24
2. DUKE ENERGY HOLDING CORP   2011-11-03 2012-09-24
2. E M C CORPORATION MASSACHUSETTS   2012-02-24 2012-09-24
12. EATON VANCE CORPORATION NON VOTING   2011-11-03 2012-09-24
122.356 GOLDMAN SACHS GROWTH OPPTYS FD #1132   2010-04-21 2012-09-24
2.481 GUINNESS ATKINSON GLOBAL ENERGY FUND   2011-05-09 2012-09-24
45.101 HARBOR FUND INTERNATIONAL FUND OPEN   2009-05-19 2012-09-24
4. HATTERAS FINANCIAL CORP   2011-11-03 2012-09-24
4. HERSHEY FOODS CORPORATION   2011-11-03 2012-09-24
395.09 T ROWE PRICE LRG CAP GROWTH FD INST   2011-01-10 2012-09-24
28. ISHARES HIGH DIVIDEND EQUITY ETF   2012-02-01 2012-09-24
46.931 LAZARD EMRG MARKETS EQUITY FD CL-I   2011-12-12 2012-09-24
96.05 LITMAN GREGORY MSTRS INTL FD CL-INST   2010-04-21 2012-09-24
4. LOWES COMPANIES INCORPORATED   2011-11-03 2012-09-24
176.62 MFS EMERGING MARKETS DEBT FUND - I   2012-02-01 2012-09-24
99.19 MAINSTAY EPOCH GLBL EQTY YD FD CL-I   2011-05-09 2012-09-24
8. MEADWESTVACO CORPORATION   2011-11-03 2012-09-24
4. MICROSOFT CORPORATION   2011-11-03 2012-09-24
29.099 MORGAN STANLEY FOCUS GROWTH FD CL-I   2011-01-10 2012-09-24
4. NEWMARKET CORPORATION   2011-11-03 2012-09-24
8. PFIZER INCORPORATED   2011-12-12 2012-09-24
2. PHILIP MORRIS INTL INC   2011-11-03 2012-09-24
6. PHILLIPS 66   2011-11-03 2012-09-24
27.619 RS GLOBAL NATURAL RESOURCES FUND   2011-05-09 2012-09-24
14. SPDR S&P DIVIDEND ETF   2012-02-01 2012-09-24
51.276 TIAA-CREF MID-CAP VALUE FD RETAIL CL   2012-02-01 2012-09-24
10. VERIZON COMMUNICATIONS   2011-11-03 2012-09-24
2. VISA INC   2011-12-12 2012-09-24
8. WAL MART STORES INCORPORATED   2011-11-03 2012-09-24
14. WELLS FARGO & COMPANY NEW   2011-11-03 2012-09-24
59.152 WILMINGTON MULTI-MGR REAL ASSET - I   2012-02-01 2012-09-24
14.783 WILMINGTON SMALL CAP GROWTH FUND -I   2011-06-21 2012-09-24
184. DELL INC   2012-09-24 2012-10-16
6. KINDER MORGAN MANAGEMENT LLC   2012-09-24 2012-10-16
14. ALBEMARLE CORPORATION   2011-11-03 2012-11-05
10. INTEL CORPORATION   2012-02-24 2012-11-05
2. INTEL CORPORATION   2011-11-03 2012-11-05
.4026 KINDER MORGAN MANAGEMENT LLC   2011-12-12 2012-11-05
15.5974 KINDER MORGAN MANAGEMENT LLC   2011-11-03 2012-11-05
14. MATSON INC   2012-09-24 2012-11-05
40. MATSON INC   2011-11-03 2012-11-05
.5855 KINDER MORGAN MANAGEMENT LLC   2011-11-03 2012-11-21
79.6108 ACCO BRANDS CORP   2012-09-24 2012-12-06
26.3892 ACCO BRANDS CORP   2011-11-03 2012-12-06
8. MICROSOFT CORPORATION   2011-11-03 2012-12-06
12. PHILLIPS 66   2012-05-03 2012-12-06
4. PHILLIPS 66   2011-11-03 2012-12-06
12. UDR INC COM   2011-12-12 2012-12-06
60. UDR INC COM   2011-11-03 2012-12-06
2. ALBEMARLE CORPORATION   2011-11-03 2012-12-18
2. BERKSHIRE HATHAWAY INC DEL CL B   2012-10-16 2012-12-18
20. CISCO SYSTEMS INCORPORATED   2012-02-24 2012-12-18
2. CONOCOPHILLIPS   2011-11-03 2012-12-18
6. EATON VANCE CORPORATION NON VOTING   2011-11-03 2012-12-18
2. ENERGIZER HOLDINGS INCORPORATED   2012-02-24 2012-12-18
2. FEDEX CORPORATION   2012-09-24 2012-12-18
2. LOWES COMPANIES INCORPORATED   2012-11-05 2012-12-18
2. PFIZER INCORPORATED   2011-11-03 2012-12-18
96. SPDR S&P DIVIDEND ETF   2012-02-01 2012-12-18
206. SPDR S&P DIVIDEND ETF   2011-01-10 2012-12-18
57.969 LSV VALUE EQUITY FUND STRATEGY   2011-01-10 2012-12-19
43.132 ARTIO GLOBAL HIGH INCOME FD CLASS I   2010-04-21 2012-12-19
11.552 DREYFUS INTERNATIONAL BOND CL I   2010-04-21 2012-12-19
12.278 FEDERATED ULTRA SHORT BOND CL I   2011-05-09 2012-12-19
92.137 GOLDMAN SACHS GROWTH OPPTYS FD #1132   2012-12-05 2012-12-19
1345.219 GOLDMAN SACHS GROWTH OPPTYS FD #1132   2011-12-07 2012-12-19
18.485 GUINNESS ATKINSON CHINA HONG KONG FD   2011-12-29 2012-12-19
36.633 GUINNESS ATKINSON CHINA HONG KONG FD   2012-09-24 2012-12-19
318.38 GUINNESS ATKINSON CHINA HONG KONG FD   2011-12-12 2012-12-19
362.637 GUINNESS ATKINSON GLOBAL ENERGY FUND   2011-12-12 2012-12-19
178.397 T ROWE PRICE LRG CAP GROWTH FD INST   2011-01-10 2012-12-19
117.056 LITMAN GREGORY MSTRS INTL FD CL-INST   2010-04-21 2012-12-19
84.518 MFS EMERGING MARKETS DEBT FUND - I   2012-12-11 2012-12-19
957.195 MAINSTAY EPOCH GLBL EQTY YD FD CL-I   2012-02-01 2012-12-19
878.661 MAINSTAY EPOCH GLBL EQTY YD FD CL-I   2011-05-09 2012-12-19
392.635 RS GLOBAL NATURAL RESOURCES FUND   2011-12-15 2012-12-19
3.415 RS GLOBAL NATURAL RESOURCES FUND   2012-12-13 2012-12-19
15.645 RIDGEWORTH SEIX FLTNG RT HI INC FD I   2012-09-24 2012-12-19
18.453 RIDGEWORTH SEIX FLTNG RT HI INC FD I   2010-04-21 2012-12-19
415.498 WILMINGTON SHORT-TERM CORP BOND -I   2011-05-09 2012-12-19
116.174 WILMINGTON SHORT-TERM CORP BOND -I   2012-09-24 2012-12-19
293.462 WILMINGTON SMALL CAP GROWTH FUND -I   2011-06-21 2012-12-19
344.445 WILMINGTON BROAD MARKET BOND FUND -I   2012-12-04 2012-12-19
701.168 WILMINGTON BROAD MARKET BOND FUND -I   2011-05-09 2012-12-19
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 21,073   20,801 272
b 662   544 118
c 193   167 26
d 10,015   10,284 -269
e 105   94 11
226   220 6
5,156   4,955 201
206   199 7
53   53  
186   164 22
3,824   3,606 218
1,615   2,116 -501
13   17 -4
59   71 -12
18,152   13,380 4,772
145   138 7
1,215   1,335 -120
10,815   10,619 196
54   43 11
157   160 -3
6,922   6,956 -34
3,503   3,514 -11
299   265 34
34,337   34,382 -45
96   97 -1
104   99 5
120   105 15
42   38 4
133   109 24
2,716   2,647 69
519   519  
415   411 4
152   140 12
126   126  
183   164 19
340   318 22
121   122 -1
162   129 33
305   293 12
330   300 30
351   347 4
611   605 6
234   230 4
303   258 45
480   455 25
995   1,000 -5
239   234 5
903   897 6
218   213 5
402   355 47
43   49 -6
411   339 72
4   4  
44   47 -3
4,442   3,976 466
118   84 34
408   359 49
554   592 -38
356   311 45
67   63 4
128   99 29
470   423 47
151   137 14
105   102 3
507   468 39
128   125 3
55   56 -1
347   319 28
3,214   2,768 446
69   81 -12
2,710   1,916 794
118   105 13
286   234 52
7,617   6,574 1,043
1,726   1,542 184
925   870 55
1,357   1,300 57
120   86 34
2,831   2,628 203
1,642   1,604 38
246   203 43
124   106 18
1,161   1,103 58
1,009   772 237
196   161 35
184   140 44
280   202 78
1,061   1,112 -51
816   778 38
945   887 58
457   374 83
270   193 77
594   457 137
486   357 129
865   830 35
250   254 -4
1,803   2,501 -698
464   446 18
790   761 29
220   268 -48
44   48 -4
30   27 3
1,171   969 202
297   285 12
849   829 20
42   36 6
526   661 -135
174   252 -78
214   212 2
608   383 225
203   134 69
279   279  
1,394   1,489 -95
123   109 14
180   179 1
407   406 1
118   107 11
192   159 33
162   156 6
184   168 16
72   66 6
51   40 11
5,695   5,338 357
12,221   10,671 1,550
914   796 118
431   457 -26
205   188 17
113   113  
2,284   2,218 66
33,348   30,412 2,936
554   491 63
1,098   998 100
9,542   8,698 844
9,682   11,721 -2,039
3,384   2,969 415
1,761   1,584 177
1,378   1,288 90
15,736   14,808 928
14,445   13,202 1,243
14,488   14,290 198
126   125 1
140   140  
166   164 2
4,275   4,280 -5
1,195   1,200 -5
5,036   5,033 3
3,441   3,479 -38
7,005   7,054 -49
      39
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       272
b       118
c       26
d       -269
e       11
      6
      201
      7
       
      22
      218
      -501
      -4
      -12
      4,772
      7
      -120
      196
      11
      -3
      -34
      -11
      34
      -45
      -1
      5
      15
      4
      24
      69
       
      4
      12
       
      19
      22
      -1
      33
      12
      30
      4
      6
      4
      45
      25
      -5
      5
      6
      5
      47
      -6
      72
       
      -3
      466
      34
      49
      -38
      45
      4
      29
      47
      14
      3
      39
      3
      -1
      28
      446
      -12
      794
      13
      52
      1,043
      184
      55
      57
      34
      203
      38
      43
      18
      58
      237
      35
      44
      78
      -51
      38
      58
      83
      77
      137
      129
      35
      -4
      -698
      18
      29
      -48
      -4
      3
      202
      12
      20
      6
      -135
      -78
      2
      225
      69
       
      -95
      14
      1
      1
      11
      33
      6
      16
      6
      11
      357
      1,550
      118
      -26
      17
       
      66
      2,936
      63
      100
      844
      -2,039
      415
      177
      90
      928
      1,243
      198
      1
       
      2
      -5
      -5
      3
      -38
      -49
       
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 24,020
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      
2010      
2009      
2008      
2007      
2 Total of line 1, column (d) ...................... 2  
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  
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4  
5 Multiply line 4 by line 3....................... 5  
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6  
7 Add lines 5 and 6......................... 7  
8 Enter qualifying distributions from Part XII, line 4.............. 8  
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 1 724
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............................ 3 724
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- ..... 5 724
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 1,816
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 1,816
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 1,092
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet362 Refunded Bullet 11 730
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)
    bulletVA
    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
    Yes
     
    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 ofbulletM & T BANK Telephone no.bullet (716) 842-5506
    Located atbulletONE MT PLAZA 8TH FLOORBUFFALONY ZIP+4bullet14203
    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
    M AND T BANK TRUSTEE
    4     		10,082    
    ONE M AND T PLAZA 8TH FLOOR
    BUFFALO,NY14203
    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
    971,365
    b
    Average of monthly cash balances.......................
    1b
    31,686
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,003,051
    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
    1,003,051
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    15,046
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    988,005
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    49,400
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    49,400
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    724
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    724
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    48,676
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    48,676
    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
    48,676
    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
    49,400
    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
    49,400
    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
    49,400
    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 48,676
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 49,272
    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$ 49,400
    a Applied to 2011, but not more than line 2a 49,272
    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..... 128
    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 ..........     		48,548
    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).)
    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 or e-mail of the person to whom applications should be addressed:
    Ms Kathleen Coulahan
    25 S Charles St 16th floor
    Baltimore,MD21201
    (410) 244-4585
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER FORMAT DESCRIBING CHARACTER, INTELLECT AND NEED OF THE APPLICANT
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    LIMITED TO GRADUATING SENIORS FROM HIGH SCHOOLS FROM STAFFORD AND SPOTSYLVANIA COUNTIES OR THE CITY OF FREDERICKSBURG (ALL IN VIRGINIA)
    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
    JAMES MADISON UNIVERSITY
    UNIVERSITY BUSINESS OFFICE
    170 BLUESTONE DR
    HARRISONBURG,VA22807     		NONE N/A EDUCATION SCHOLARSHIP 3,000
    UNIVERSITY OF RICHMOND
    28 WESTHAMPTON WAY
    RICHMOND,VA23173     		NONE N/A EDUCATION SCHOLARSHIP 500
    COLLEGE OF WILLIAM AND MARY
    116 JAMESTOWN ROAD
    WILLIAMSBURG,VA23185     		NONE N/A EDUCATION SCHOLARSHIP 1,700
    CHRISTOPHER NEWPORT UNIVERSITY
    1 UNIVERSITY PLACE
    NEWPORT NEWS,VA23606     		NONE N/A EDUCATION SCHOLARSHIP 4,500
    RANDOLPH-MACON COLLEGE
    202 HENRY STREET
    ASHLAND,VA23005     		NONE N/A EDUCATION SCHOLARSHIP 3,100
    GEORGE MASON UNIVERSITY
    4400 UNIVERSITY DR
    FAIRFAX,VA22030     		NONE N/A EDUCATION SCHOLARSHIP 3,400
    GERMANNA COMMUNITY COLLEGE
    2130 GERMANNA HIGHWAY
    LOCUST GROVE,VA22508     		NONE N/A EDUCATION SCHOLARSHIP 500
    UNIVERSITY OF VIRGINIA
    1717 UNIVERSITY AVENUE
    CHARLOTTESVILLE,VA22903     		NONE N/A EDUCATION SCHOLARSHIP 5,500
    MARYMOUNT COLLEGE
    2807 NORTH GLEBE RD
    ARLINGTON,VA22207     		NONE N/A EDUCATION SCHOLARSHIP 700
    OLD DOMINION UNIVERSITY
    5115 HAMPTON BLVD
    NORFOLK,VA23508     		NONE N/A EDUCATION SCHOLARSHIP 700
    VIRGINIA TECH
    965 PRICES FORK ROAD
    BLACKSBURG,VA24061     		NONE N/A SCHOLARSHIP 3,700
    AMHERST COLLEGE
    220 SOUTH PLEASANT STREET
    AMHERST,MA01002     		NONE N/A EDUCATIONAL SUPPORT 700
    SARAH LAWRENCE COLLEGE
    1 MEAD WAY
    BRONXVILLE,NY10708     		NONE NONE EDUCATIONAL SCHOLARSHIP 1,000
    LIBERTY UNIVERSITY
    1971 UNIVERSITY BLVD
    LYNCHBERG,VA24502     		NONE NONE EDUCATIONAL SCHOLARSHIP 2,000
    UNIVERSITY OF PENNSYLVANIA
    3451 WALNUT STREET
    PHILADELPHIA,PA19104     		NONE NONE TUITION 1,000
    NORTH CAROLINA A&T UNIVERSITY
    1601 EAST MARKET STREET
    GREENSBORO,NC27411     		NONE NONE TUITION 1,000
    LONGWOOD UNIVERSITY
    201 HIGH STREET
    FARMVILLE,VA23909     		NONE NONE TUITION 500
    NORTHERN VIRGINIA COMMUNITY COLLEGE
    4001 WAKEFIELD CHAPEL ROAD
    ANNANDALE,VA220033796     		NONE NONE TUITION 1,400
    EASTERN MENNONITE UNIVERSITY
    1200 PARK ROAD
    HARRISONBURG,VA22802     		NONE NONE TUITION 1,000
    UNC ASHEVILLE
    ONE UNIVERSITY HEIGHTS
    ASHEVILLE,NC28804     		NONE NONE TUITION 1,000
    NEW YORK UNIVERSITY
    NYU BURSARS OFFICE
    726 BROADWAY 9TH FL
    NEW YORK,NY10003     		NONE NONE TUITION 1,000
    VIRGINIA COMMONWEALTH UNIVERSITY
    910 WEST FRANKLIN STREET
    RICHMOND,VA23284     		NONE NONE TUITION 3,000
    WEST VIRIGINIA UNIVERSITY
    ONE WATERFRONT PLACE
    MORGANTOWN,WV26506     		NONE NONE TUITION 1,000
    YALE UNIVERSITY
    149 ELM STREET
    NEW HAVEN,CT06520     		NONE NONE TUITION 1,000
    UNIVERSITY OF MASSACHUSETTS BOSTON
    100 MORRISSEY BLVD
    BOSTON,MA02125     		NONE NONE TUITION 500
    OHIO UNIVERSITY
    1 PARK PLACE DRIVE
    ATHENS,OH45701     		NONE NONE SCHOLARSHIP 500
    FLORIDA A&M UNIVERSITY
    4050 ESPLANADE WAY
    TALLAHASSEE,FL32307     		NONE NONE SCHOLARSHIP 1,000
    BRIDGEWATER COLLEGE
    402 E COLLEGE STREET
    BRIDGEWATER,VA228121599     		NONE N/A EDUCATION SCHOLARSHIP 1,000
    MOUNT ST MARY UNIVERSITY
    16300 OLD EMMITSBURG ROAD
    EMMITTSBURG,MD21727     		NONE N/A SCHOLARSHIP 500
    SHENANDOAH UNIVERSITY
    1460 UNIVERSITY DRIVE
    WINCHESTER,VA22601     		NONE N/A SCHOLARSHIP 1,000
    SWEET BRIAR COLLEGE
    134 CHAPEL ROAD
    SWEET BRIAR,VA24595     		NONE N/A SCHOLARSHIP 500
    LACKAWANNA COLLEGE
    501 VINE STREET
    SCRANTON,PA18509     		NONE N/A SCHOLARSHIP 500
    TEXAS A&M UNIVERSITY
    THE PAVILION 200 SPENCE ST
    COLLEGE STATION,TX778431252     		NONE N/A EDUCATION SCHOLARSHIP 500
    FLORIDA STATE UNIVERSITY
    A-4400 UNIVERSITY CENTER
    TALLAHASSEE,FL32306     		NONE N/A SCHOLARSHIP 500
    Total .................................bullet 3a 49,400
    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          
    4 Dividends and interest from securities....     14 22,946  
    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 24,020  
    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)..   46,966  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1346,966
    (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 InvestmentsOtherSchedule2
    Name:
    JOHN & ARDELL BRUMIT EDUCATIONAL TRUST
    EIN: 26-6771544
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    RIDGEWORTH SEIX FLOATING RATE AT COST 29,901 30,271
    MTB SM CAP #555      
    T ROWE PRICE INST LG CAP AT COST 56,477 70,649
    VANGUARD MSCI EAFE ETF AT COST 50,977 50,872
    GUINNESS ATKINSON CHINA & HK      
    HARBOR INTL FD #11 AT COST 40,093 57,261
    LAZARD EMERGING MKT EQUITY AT COST 33,311 40,597
    DREYFUS INTL BOND FUND AT COST 18,762 20,008
    MFS EMERGING MKTS AT COST 45,787 50,609
    ARTIO GLOBAL HI INCOME AT COST 39,680 40,282
    GOLDMAN SACHS GROWTH OPP      
    LSV VALUE EQUITY FUND AT COST 35,158 39,647
    ISHARES HI DIVIDEND EQUITY AT COST 26,915 27,500
    RS GLOBAL NATURAL RESOURCES AT COST 12,229 14,371
    DWS FLOATING RATE PLUS      
    FEDERATED ULTRA SHORT BD AT COST 20,093 20,159
    MTB INCOME FD #143      
    MTB SH TRM CORP BD FD #518      
    ALBEMARLE CORP AT COST 3,204 3,727
    MEADWESTVACO CORP AT COST 1,950 2,358
    NEWMARKET CORPORATION AT COST 3,090 4,195
    ALEX & BALDWIN INCORPORATED AT COST 1,101 1,410
    FEDEX CORP AT COST 1,311 1,468
    VERIZON COMMUNICATIONS AT COST 1,809 2,077
    CARMAX INC AT COST 3,213 3,904
    LOWES COMPANIES INCORPORATED AT COST 2,119 2,771
    ALTRIA GROUP AT COST 2,288 2,578
    BROWN-FORMAN CORP CLASS B AT COST 920 1,075
    COCO COLA CO AT COST 2,256 2,393
    PHILIP MORRIS INTERNATIONAL AT COST 1,263 1,506
    HERSHEY COMPANY AT COST 701 867
    WAL MART STORES INC AT COST 2,170 2,456
    CHEVRON CORP AT COST 3,596 3,677
    CONOCOPHILIPS AT COST 957 1,044
    KINDER MORGAN MANAGEMENT LLC AT COST 1,392 1,660
    BERKSHIRE HATHAWAY INC DELA AT COST 3,911 4,306
    EATON VANCE CORP AT COST 2,228 2,739
    WELLS FARGO & CO AT COST 2,640 3,486
    WHITE MOUNTAIN INSURANCE GRP AT COST 2,710 3,090
    BRISTOL-MEYERS SQUIBB AT COST 2,966 3,063
    JOHNSON & JOHNSON      
    PFIZER INC AT COST 1,428 1,806
    CISCO SYSTEMS AT COST 2,812 3,026
    DELL INC      
    EMC CORP MASS AT COST 3,713 3,795
    IBM AT COST 2,236 2,299
    INTEL CORP AT COST 3,058 2,681
    MICROSOFT CORP AT COST 2,480 2,511
    VISA INCORPORATED AT COST 2,159 3,335
    DUKE ENERGY CORPORATION AT COST 1,746 1,786
    HATTERAS FINANCIAL CORP AT COST 1,512 1,439
    UDR INC RE INVEST TRUST      
    GUINNESS GLOBAL ENER FD      
    MORGAN STANLEY FOCUS GRWTH FD AT COST 28,905 30,376
    LITMAN GREGORY MASTERS AT COST 34,157 37,918
    MAINSTAY EPOCH GLOB EQ      
    SPDR S&P DIVIDEND EFT      
    WILMINGTON BROAD MKT BD FD AT COST 131,807 131,439
    WILMINGTON SHT CORP BD FD AT COST 75,670 75,673
    ENERGIZER HLDGS INC AT COST 2,645 2,719
    BLACKROCK INC AT COST 2,725 2,894
    CORNING INC AT COST 2,988 2,726
    DOMINION RESOURCES INC AT COST 1,844 1,865
    TIAA-CREF MID CAP VAL FD AT COST 28,416 29,410
    WILMINGTON MID CAP GRWTH FD AT COST 48,434 48,174
    WILMINGTON MULTI-MGR REALASSET AT COST 48,991 51,502
    WILMINGTON SMALL CAP GRWTH AT COST 22,572 22,467

    TY 2012 OtherExpensesSchedule
    Name:
    JOHN & ARDELL BRUMIT EDUCATIONAL TRUST
    EIN: 26-6771544
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER ALLOCABLE EXPENSES - 2% 224 224   0


    TY 2012 OtherIncreasesSchedule
    Name:
    JOHN & ARDELL BRUMIT EDUCATIONAL TRUST
    EIN: 26-6771544
    Description Amount
    ROUNDING 6


    TY 2012 TaxesSchedule
    Name:
    JOHN & ARDELL BRUMIT EDUCATIONAL TRUST
    EIN: 26-6771544
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES PRIOR YEAR BALAN 593 0   0
    FEDERAL ESTIMATES - PRINCIPAL 1,816 0   0
    FOREIGN TAXES ON QUALIFIED FOR 275 275   0
    FOREIGN TAXES ON NONQUALIFIED 101 101   0