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
SAMARA FUND INC
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 789   Room/suite
City or town, state, and ZIP code
BURNSVILLE, NC28714
A Employer identification number

20-2742189
B Telephone number (see instructions)

(828) 682-0505
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$2,686,807J 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) 565,820
2 Check bullet
3 Interest on savings and temporary cash investments 34 34  
4 Dividends and interest from securities...... 64,191 64,191  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 90,534
b Gross sales price for all assets on line 6a 1,442,807
7 Capital gain net income (from Part IV, line 2)... 2,093
8 Net short-term capital gain.........  
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 693    
12 Total. Add lines 1 through 11........ 721,272 66,318  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 2,270 1,135   1,135
c Other professional fees (attach schedule).... Click to see attachment 16,823 1,682   15,141
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 22 22    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 19,115 2,839   16,276
25 Contributions, gifts, grants paid........ 125,000 125,000
26 Total expenses and disbursements. Add lines 24 and 25 144,115 2,839   141,276
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 577,157
b Net investment income (if negative, enter -0-) 63,479
c Adjusted net income (if negative, enter -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............... 186,457 297,323 297,323
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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 bullet        
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)........ 837,231 Click to see attachment1,011,593 1,118,115
c Investments—corporate bonds (attach schedule)........ 904,724 Click to see attachment1,223,633 1,271,369
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 26,980    
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) 1,955,392 2,532,549 2,686,807
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......... 1,955,392 2,532,549
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).................... 1,955,392 2,532,549
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 1,955,392 2,532,549
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 1,955,392
2 Enter amount from Part I, line 27a..................... 2 577,157
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 2,532,549
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 2,532,549
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.)
1a
b
c
d
e
(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
b
c
d
e
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
b
c
d
e
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 2,093
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 112,400 1,805,783 0.062244
2010 81,844 1,395,468 0.058650
2009 68,319 1,129,518 0.060485
2008 80,945 1,292,006 0.062651
2007 64,550 1,304,472 0.049484
2 Total of line 1, column (d) ...................... 2 0.293514
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 0.058703
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 2,330,990
5 Multiply line 4 by line 3....................... 5 136,836
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 635
7 Add lines 5 and 6......................... 7 137,471
8 Enter qualifying distributions from Part XII, line 4.............. 8 141,276
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 1 635
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  
3 Add lines 1 and 2............................ 3 635
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 635
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a  
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 635
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 635
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 14
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 14
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  
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)
    bulletNC
    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 addressbulletN/A
    14
    The books are in care ofbulletDIANE H KENT Telephone no.bullet (828) 682-0505
    Located atbulletPO BOX 681BURNSVILLENC ZIP+4bullet28714
    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
    DIANE H KENTClick to see attachment PRESIDENT
    0.50     		0 0 0
    PO BOX 681
    BURNSVILLE,NC28714
    EDWARD J EASTONClick to see attachment VP
    0.50     		0 0 0
    1090 MARINER DRIVE
    KEY BISCAYNE,FL33149
    NANCY EASTONClick to see attachment SECRETARY
    0.50     		0 0 0
    123 WEST 80TH STREET 3R
    NEW YORK,NY10024
    WILLIAM MCGANN EASTONClick to see attachment TREASURER
    0.50     		0 0 0
    1393 BEACH AVENUE
    ATLANTIC BEACH,FL32233
    ELIZABETH EASTONClick to see attachment DIRECTOR
    0.50     		0 0 0
    580 WEST 49TH STREET
    MIAMI BEACH,FL33140
    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  
    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.............bullet  
    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 N/A  
    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
    2,111,177
    b
    Average of monthly cash balances.......................
    1b
    241,890
    c
    Fair market value of all other assets (see instructions)................
    1c
    13,420
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,366,487
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    2,366,487
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    35,497
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,330,990
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    116,550
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    116,550
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    635
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    635
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    115,915
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    115,915
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    115,915
    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
    141,276
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    141,276
    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
    635
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    140,641
    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 7 115,915
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007....... 10,474
    b From 2008....... 16,997
    c From 2009....... 12,449
    d From 2010....... 12,865
    e From 2011....... 23,325
    fTotal of lines 3a through e......... 76,110
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 141,276
    a Applied to 2011, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2012 distributable amount..... 115,915
    e Remaining amount distributed out of corpus 25,361
    5 Excess distributions carryover applied to 2012.    
    (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 5 101,471
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		10,474
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		90,997
    10 Analysis of line 9:
    a Excess from 2008.... 16,997
    b Excess from 2009.... 12,449
    c Excess from 2010.... 12,865
    d Excess from 2011.... 23,325
    e Excess from 2012.... 25,361
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2012, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BAPTIST HEALTH SYS FND (WOLFSON)
    BAPTIST HEALTH SYS FND (WOLFSON)
    3563 PHILLIPS HWY F 608
    3563 PHILLIPS HWY F 608
    JACKSONVILLE,FL32207     		    GENERAL CHARITABLE PURPOSES 2,000
    BAPTIST HEALTH SYS FND (WOM BD
    BAPTIST HEALTH SYS FND (WOM BD
    3563 PHILLIPS HWY F 608
    3563 PHILLIPS HWY F 608
    JACKSONVILLE,FL32207     		    GENERAL CHARITABLE PURPOSES 3,000
    BEAM
    BEAM
    850 8TH AVE S STE 409
    850 8TH AVE S STE 409
    JACKSONVILLE,FL322504256     		    GENERAL CHARITABLE PURPOSES 1,000
    CAPE ELEUTHERA ISLAND SCHOOL
    CAPE ELEUTHERA ISLAND SCHOOL
    PO BOX 5910
    PO BOX 5910
    PRINCETON,NJ08543     		    GENERAL CHARITABLE PURPOSES 3,000
    CLEAN WATER FOR NC
    CLEAN WATER FOR NC
    112 NORTH PERSON STREET
    112 NORTH PERSON STREET
    RALEIGH,NC27601     		    GENERAL CHARITABLE PURPOSES 2,000
    DESIGNS FROM THE HEART
    DESIGNS FROM THE HEART
    12 TALLWOOD ROAD
    12 TALLWOOD ROAD
    JACKSONVILLE BEACH,FL32250     		    GENERAL CHARITABLE PURPOSES 9,500
    DN-E-0 DANCE NOW MIAMI
    DN-E-O DANCE NOW MIAMI
    PO BOX 416525
    PO BOX 416525
    MIAMI BEACH,FL33141     		    GENERAL CHARITABLE PURPOSES 4,000
    ELIMU FOUNDATION
    ELIMU FOUNDATION
    7719 RIVER OTTER WAY
    7719 RIVER OTTER WAY
    ELK GROVE,CA95758     		    GENERAL CHARITABLE PURPOSES 2,000
    EPISCOPAL HIGH SCHOOL
    EPISCOPAL HIGH SCHOOL
    4455 ATLANTIC BLVD
    4455 ATLANTIC BLVD
    JACKSONVILLE,FL32207     		    GENERAL CHARITABLE PURPOSES 3,500
    EXCEPTIONAL EDUC OUTREAC
    EXPECTIONAL EDUC OUTREACH
    650 NE 67TH ST
    650 NE 67TH ST
    MIAMI,FL33138     		    GENERAL CHARITABLE PURPOSES 9,000
    FL STATE COLLEGE AT JACKSONVILLE
    FL STATE COLLEGE AT JACKSONVILLE
    501 STATE ST W
    501 STATE ST W
    JACKSONVILLE,FL32202     		    GENERAL CHARITABLE PURPOSES 1,000
    GULLIVER SCHOOLS INC
    GULLIVER SCHOOLS INC
    200 S BISCAYNE BLVD 4000
    200 S BISCAYNE BLVD 4000
    MIAMI,FL33131     		    GENERAL CHARITABLE PURPOSES 10,000
    JUGGERKNOT THEATRE CORPOR
    JUGGERKNOT THEATRE CORPORATION
    104 SANTANDER AVENUE
    104 SANTANDER AVE
    CORAL GABLES,FL33134     		    GENERAL CHARITABLE PURPOSES 5,000
    KEY BISCAYNE BASEBALL ACADEMY
    KEY BISCAYNE BASEBALL ACADEMY
    341 ISLAND DRIVE
    341 ISLAND DRIVE
    KEY BISCAYNE,FL33149     		    GENERAL CHARITABLE PURPISES 2,500
    LITTLE HAVANA ACTIVITIES AND NUTR
    LITTLE HAVANA ACTIVITIES AND NUTR
    700 SW 8TH ST
    700 SW 8TH ST
    MIAMI,FL33130     		    GENERAL CHARITABLE PURPOSES 1,000
    MCKENZIE NOELLE WILSON FOUNDATION
    MCKENZIE NOELLE WILSON FOUNDATION
    365 ROYAL TERN RD SOUTH
    365 ROYAL TERN RD SOUTH
    PONTE VEDRA BEACH,FL32082     		    GENERAL CHARITABLE PURPOSES 1,000
    MIAMI LIGHT PROJECT INC
    MIAMI LIGHT PROJECT INC
    3000 BISCAYNE BLVD STE 10
    3000 BISCAYNE BLVD STE 10
    MIAMI,FL33137     		    GENERAL CHARITABLE PURPOSES 4,500
    PENLAND SCHOOL OF CRAFTS
    PENLAND SCHOOL OF CRAFTS
    PENLAND SCHOOL ROAD
    PENLAND SCHOOL ROAD
    PENLAND,NC28765     		    GENERAL CHARITABLE PURPOSES 4,000
    SOUTHERN APPALACHIAN
    SOUTHERN APPALACHIAN
    34 WALL STREET STE 502
    34 WALL STREET STE 502
    ASHEVILLE,NC28801     		    GENERAL CHARITABLE PURPOSES 13,000
    SOUTHERN RECONCILIATION
    SOUTHERN RECONCILATION
    PO BOX 1147
    PO BOX 1147
    BURNSVILLE,NC28714     		    GENERAL CHARITABLE PURPOSES 6,000
    ST PAUL'S CATHOLIC SCHOOL
    ST PAULS CATHOLIC SCHOOL
    2609 PARK STREET
    2609 PARK ST
    JACKSONVILLE,FL32204     		    GENERAL CHARITABLE PURPOSES 1,000
    THE I CARE I CURE FND
    THE I CARE I CURE FND
    100 W CYPRESS CREEK RD ST
    100 W CYPRESS CREEK RD
    FT LAUDERDALE,FL33309     		    GENERAL CHARITABLE PURPOSES 1,500
    UNIVERSITY OF MIAMI
    UNIVERSITY OF MIAMI
    P O BOX 248106
    P O BOX 248106
    CORAL GABLES,FL331241422     		    GENERAL CHARITABLE PURPOSES 4,000
    WELLNESS IN THE SCHOOLS
    WELLNESS IN SCHOOLS
    123 W 80TH STREET STE 3R
    123 W 80TH STREET STE 3R
    NEW YORK,NY10024     		    GENERAL CHARITABLE PURPOSES 25,000
    PU'UHONUA SOCIETY
    PU'UHONUA SOCIETY
    P O BOX 3080
    P O BOX 3080
    HONOLULU,HI968023080     		    GENERAL CHARITABLE PURPOSES 6,500
    Total .................................bullet 3a 125,000
    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 34  
    4 Dividends and interest from securities....     14 64,191  
    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     14 2,093 88,441
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aPOWERSHARES DB COMMODITY IND     14 693  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   67,011 88,441
    13Total. Add line 12, columns (b), (d), and (e)..................
    13155,452
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2012 AccountingFeesSchedule
    Name:
    SAMARA FUND INC
    EIN: 20-2742189
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX RETURN PREPARATION 2,270 1,135   1,135

    TY 2012 CompensationExplanation
    Name:
    SAMARA FUND INC
    EIN: 20-2742189
    Person Name Explanation
    DIANE H KENT  
    EDWARD J EASTON  
    NANCY EASTON  
    WILLIAM MCGANN EASTON  
    ELIZABETH EASTON  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2012 GainLossSaleOtherAssetsSch
    Name:
    SAMARA FUND INC
    EIN: 20-2742189
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    ADVISORS INNER CIRCLE 2011-12 PURCHASE 2012-07   3,756 3,360     396  
    BLACKROCK GLOBAL ALLOCATION 2006-07 PURCHASE 2012-06   377 413     -36  
    BLACKROCK GLOBAL ALLOCATION 2011-12 PURCHASE 2012-06   470 450     20  
    BLACKROCK GLOBAL ALLOCATION 2006-07 PURCHASE 2012-06   525 504     21  
    DODGE & COX INCOME FUND 2012-06 PURCHASE 2012-07   1,213 1,209     4  
    DODGE & COX INCOME FUND 2012-03 PURCHASE 2012-07   1,300 1,293     7  
    DODGE & COX INCOME FUND 2011-09 PURCHASE 2012-07   1,306 1,266     40  
    DODGE & COX INCOME FUND 2011-12 PURCHASE 2012-07   1,375 1,336     39  
    DODGE & COX STOCK FUND 2012-03 PURCHASE 2012-08   287 283     4  
    DODGE & COX STOCK FUND 2012-06 PURCHASE 2012-08   373 339     34  
    DODGE & COX STOCK FUND 2011-12 PURCHASE 2012-08   288 246     42  
    DODGE & COX STOCK FUND 2011-09 PURCHASE 2012-08   264 216     48  
    GROWTH FD AMER INC 2011-12 PURCHASE 2012-02   644 570     74  
    ISHARES TRUST S&P 500 GROWTH 2012-06 PURCHASE 2012-06   71,901 71,227     674  
    LORD ABBETT BD DEB FD INC 2012-03 PURCHASE 2012-07   329 333     -4  
    LORD ABBETT BD DEB FD INC 2011-08 PURCHASE 2012-07   311 315     -4  
    LORD ABBETT BD DEB FD INC 2011-07 PURCHASE 2012-07   317 321     -4  
    LORD ABBETT BD DEB FD INC 2012-04 PURCHASE 2012-07   339 342     -3  
    LORD ABBETT BD DEB FD INC 2012-05 PURCHASE 2012-07   316 319     -3  
    LORD ABBETT BD DEB FD INC 2012-02 PURCHASE 2012-07   324 324        
    LORD ABBETT BD DEB FD INC 2012-07 PURCHASE 2012-07   348 347     1  
    LORD ABBETT BD DEB FD INC 2012-06 PURCHASE 2012-07   338 333     5  
    LORD ABBETT BD DEB FD INC 2011-11 PURCHASE 2012-07   331 324     7  
    LORD ABBETT BD DEB FD INC 2012-01 PURCHASE 2012-07   340 330     10  
    LORD ABBETT BD DEB FD INC 2011-09 PURCHASE 2012-07   333 323     10  
    LORD ABBETT BD DEB FD INC 2011-12 PURCHASE 2012-07   354 339     15  
    LORD ABBETT BD DEB FD INC 2011-10 PURCHASE 2012-07   356 331     25  
    LORD ABBETT SECS TR 2012-07 PURCHASE 2012-09   64,913 60,000     4,913  
    PRUDENTIAL JENNISON NATURAL 2012-06 PURCHASE 2012-09   56,632 50,000     6,632  
    ROYCE FUND PREMIER SERIES 2011-12 PURCHASE 2012-06   87 86     1  
    ROYCE FUND PREMIER SERIES 2011-12 PURCHASE 2012-06   2,608 2,545     63  
    SELECT SECTOR SPDR TRUST 2012-06 PURCHASE 2012-09   74,750 64,146     10,604  
    THORNBURG INTL VALUE FUND 2011-06 PURCHASE 2012-06   333 392     -59  
    THORNBURG INTL VALUE FUND 2012-03 PURCHASE 2012-06   145 162     -17  
    THORNBURG INTL VALUE FUND 2011-12 PURCHASE 2012-06   91 91        
    THORNBURG INTL VALUE FUND 2011-09 PURCHASE 2012-06   230 221     9  
    ADVISORS INNER CIRCLE 2010-01 PURCHASE 2012-07   12,839 10,000     2,839  
    ADVISORS INNER CIRCLE 2010-02 PURCHASE 2012-07   13,304 10,000     3,304  
    ADVISORS INNER CIRCLE 2009-10 PURCHASE 2012-07   13,654 10,000     3,654  
    BLACKROCK GLOBAL ALLOCATION 2010-08 PURCHASE 2012-06   41,897 40,000     1,897  
    DODGE & COX INCOME FUND 2011-06 PURCHASE 2012-07   1,276 1,254     22  
    DODGE & COX INCOME FUND 2010-09 PURCHASE 2012-07   1,465 1,435     30  
    DODGE & COX INCOME FUND 2010-06 PURCHASE 2012-07   981 946     35  
    DODGE & COX INCOME FUND 2011-03 PURCHASE 2012-07   1,323 1,287     36  
    DODGE & COX INCOME FUND 2010-03 PURCHASE 2012-07   975 935     40  
    DODGE & COX INCOME FUND 2009-12 PURCHASE 2012-07   952 906     46  
    DODGE & COX INCOME FUND 2010-12 PURCHASE 2012-07   1,549 1,498     51  
    DODGE & COX INCOME FUND 2010-08 PURCHASE 2012-07   40,686 40,000     686  
    DODGE & COX INCOME FUND 2009-12 PURCHASE 2012-07   25,951 25,000     951  
    DODGE & COX INCOME FUND 2009-10 PURCHASE 2012-07   52,786 50,000     2,786  
    DODGE & COX STOCK FUND 2011-03 PURCHASE 2012-08   222 214     8  
    DODGE & COX STOCK FUND 2009-12 PURCHASE 2012-08   48 39     9  
    DODGE & COX STOCK FUND 2010-12 PURCHASE 2012-08   151 139     12  
    DODGE & COX STOCK FUND 2011-06 PURCHASE 2012-08   287 269     18  
    DODGE & COX STOCK FUND 2010-03 PURCHASE 2012-08   207 180     27  
    DODGE & COX STOCK FUND 2010-09 PURCHASE 2012-08   186 155     31  
    DODGE & COX STOCK FUND 2010-06 PURCHASE 2012-08   229 180     49  
    DODGE & COX STOCK FUND 2010-02 PURCHASE 2012-08   12,474 10,000     2,474  
    DODGE & COX STOCK FUND 2009-10 PURCHASE 2012-08   19,562 15,000     4,562  
    DODGE & COX STOCK FUND 2010-01 PURCHASE 2012-08   29,794 25,000     4,794  
    DODGE & COX STOCK FUND 2009-12 PURCHASE 2012-02   204 172     32  
    GROWTH FD AMER INC 2010-12 PURCHASE 2012-02   641 605     36  
    GROWTH FD AMER INC 2010-02 PURCHASE 2012-02   12,231 10,000     2,231  
    GROWTH FD AMER INC 2009-10 PURCHASE 2012-02   18,826 15,000     3,826  
    GROWTH FD AMER INC 2010-01 PURCHASE 2012-02   29,477 25,000     4,477  
    LORD ABBETT BD DEB FD INC 2011-06 PURCHASE 2012-07   312 321     -9  
    LORD ABBETT BD DEB FD INC 2011-05 PURCHASE 2012-07   293 302     -9  
    LORD ABBETT BD DEB FD INC 2011-03 PURCHASE 2012-07   300 306     -6  
    LORD ABBETT BD DEB FD INC 2011-04 PURCHASE 2012-07   310 316     -6  
    LORD ABBETT BD DEB FD INC 2011-02 PURCHASE 2012-07   291 293     -2  
    LORD ABBETT BD DEB FD INC 2009-11 PURCHASE 2012-07   15 13     2  
    LORD ABBETT BD DEB FD INC 2010-11 PURCHASE 2012-07   300 298     2  
    LORD ABBETT BD DEB FD INC 2011-01 PURCHASE 2012-07   308 306     2  
    LORD ABBETT BD DEB FD INC 2010-12 PURCHASE 2012-07   319 312     7  
    LORD ABBETT BD DEB FD INC 2010-10 PURCHASE 2012-07   298 290     8  
    LORD ABBETT BD DEB FD INC 2010-05 PURCHASE 2012-07   282 272     10  
    LORD ABBETT BD DEB FD INC 2010-08 PURCHASE 2012-07   294 283     11  
    LORD ABBETT BD DEB FD INC 2009-12 PURCHASE 2012-07   146 134     12  
    LORD ABBETT BD DEB FD INC 2010-04 PURCHASE 2012-07   282 270     12  
    LORD ABBETT BD DEB FD INC 2010-09 PURCHASE 2012-07   302 289     13  
    LORD ABBETT BD DEB FD INC 2010-01 PURCHASE 2012-07   227 213     14  
    LORD ABBETT BD DEB FD INC 2010-03 PURCHASE 2012-07   286 269     17  
    LORD ABBETT BD DEB FD INC 2010-02 PURCHASE 2012-07   286 267     19  
    LORD ABBETT BD DEB FD INC 2010-06 PURCHASE 2012-07   301 280     21  
    LORD ABBETT BD DEB FD INC 2010-07 PURCHASE 2012-07   304 281     23  
    LORD ABBETT BD DEB FD INC 2009-12 PURCHASE 2012-07   26,918 25,000     1,918  
    LORD ABBETT BD DEB FD INC 2009-10 DONATION 2012-07   27,560 25,000     2,560  
    MERCK & CO INC 1994-12 DONATION 2012-07   132,840 130,050     2,790  
    MERCK & CO INC 1994-12 DONATION 2012-07   439,990 433,500     6,490  
    POWERSHARES DB COMMODITY INDEX 2009-12 PURCHASE 2012-05   25,334 27,485     -2,151  
    ROYCE FUND PREMIER SERIES 2010-12 PURCHASE 2012-06   404 424     -20  
    ROYCE FUND PREMIER SERIES 2010-01 PURCHASE 2012-06   17,190 15,000     2,190  
    ROYCE FUND PREMIER SERIES 2009-10 PURCHASE 2012-06   12,552 10,000     2,552  
    SELECT SCTOR SPDR TR SBI UTIL 2010-04 PURCHASE 2012-06   44,029 36,576     7,453  
    THORNBURG INTL VALUE FUND 2010-01 PURCHASE 2012-06   24,433 25,000     -567  
    THORNBURG INTL VALUE FUND 2011-03 PURCHASE 2012-06   86 103     -17  
    THORNBURG INTL VALUE FUND 2010-09 PURCHASE 2012-06   167 181     -14  
    THORNBURG INTL VALUE FUND 2010-12 PURCHASE 2012-06   54 63     -9  
    THORNBURG INTL VALUE FUND 2010-03 PURCHASE 2012-06   105 109     -4  
    THORNBURG INTL VALUE FUND 2010-06 PURCHASE 2012-06   241 236     5  
    THORNBURG INTL VALUE FUND 2009-10 PURCHASE 2012-06   16,118 16,000     118  
    THORNBURG INTL VALUE FUND 2010-02 PURCHASE 2012-06   10,242 10,000     242  
    VANGUARD FTSE EMERGING MRKTS 2009-12 PURCHASE 2012-09   4,271 4,133     138  
    VANGUARD FTSE EMERGING MRKTS 2009-10 PURCHASE 2012-09   8,542 7,848     694  
    VANGUARD FTSE EMERGING MRKTS 2010-01 PURCHASE 2012-09   12,813 12,099     714  
    VANGUARD FTSE EMERGING MRKTS 2010-02 PURCHASE 2012-09   8,542 7,648     894  
    BLACKROCK GLOBAL ALLOCATION 2010-12 PURCHASE 2012-06   423 437     -14  
    POWERSHARES PASS-THRU ST 2012-01 PURCHASE 2012-05   23       23  
    POWERSHARES PASS-THRU LT 2009-12 PURCHASE 2012-05     216     -216  

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    SAMARA FUND INC
    EIN: 20-2742189
    Name of Bond End of Year Book Value End of Year Fair Market Value
    SEE ATTACHED-RBC ACCOUNT 1,223,633 1,271,369

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    SAMARA FUND INC
    EIN: 20-2742189
    Name of Stock End of Year Book Value End of Year Fair Market Value
    SEE ATTACHED-RBC ACCOUNT 1,011,593 1,118,115

    TY 2012 InvestmentsOtherSchedule2
    Name:
    SAMARA FUND INC
    EIN: 20-2742189
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SEE ATTACHED-K-1 POWERSHARES DB COMM AT COST    

    TY 2012 OtherIncomeSchedule2
    Name:
    SAMARA FUND INC
    EIN: 20-2742189
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    POWERSHARES DB COMMODITY IND 693    


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    SAMARA FUND INC
    EIN: 20-2742189
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    RBC INVESTMENT FEES 16,823 1,682   15,141


    TY 2012 TaxesSchedule
    Name:
    SAMARA FUND INC
    EIN: 20-2742189
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES-RBC 22 22