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
THE LENOX D AND FRANCES W BAKER FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)901 SOUTH BOND STREET   Room/suite
City or town, state, and ZIP code
BALTIMORE, MD21231
A Employer identification number

54-1788401
B Telephone number (see instructions)

(410) 537-5450
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$2,044,642J 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...... 16,561 16,561  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 140,695
b Gross sales price for all assets on line 6a 937,897
7 Capital gain net income (from Part IV, line 2)... 140,695
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........ 157,256 157,256  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
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).... Click to see attachment 7,652 7,652   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions) Click to see attachment 2,814 338   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).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 10,466 7,990 0 0
25 Contributions, gifts, grants paid........ 213,747 213,747
26 Total expenses and disbursements. Add lines 24 and 25 224,213 7,990 0 213,747
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -66,957
b Net investment income (if negative, enter -0-) 149,266
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 40,767 44,576 44,576
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)........ 1,562,211 Click to see attachment1,461,034 1,978,624
c Investments—corporate bonds (attach schedule)........   Click to see attachment20,256 21,442
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........     0
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) 1,602,978 1,525,866 2,044,642
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......... 1,602,978 1,525,866
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).................... 1,602,978 1,525,866
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 1,602,978 1,525,866
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 1,602,978
2 Enter amount from Part I, line 27a..................... 2 -66,957
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 1,536,021
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 10,155
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 1,525,866
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 1. INTUITIVE SURGICAL INC   2010-11-30 2012-01-06
b 3. INTUITIVE SURGICAL INC   2010-11-30 2012-01-09
c 3. GOOGLE INC CL A   2011-05-05 2012-01-10
d 3. INTUITIVE SURGICAL INC   2009-02-27 2012-01-10
e 3. GOOGLE INC CL A   2011-05-05 2012-01-11
13. COVANCE INC   2009-07-16 2012-01-12
1. COVANCE INC   2009-04-29 2012-01-13
8. COVANCE INC   2009-04-29 2012-01-13
15. COVANCE INC   2009-04-29 2012-01-13
2. COVANCE INC   2009-04-29 2012-01-17
16. COVANCE INC   2009-04-29 2012-01-17
31. COACH INC   2011-08-19 2012-01-19
1. COACH INC   2008-09-11 2012-01-20
17. COACH INC   2011-08-19 2012-01-20
19. COACH INC   2008-09-11 2012-01-23
310. ABB LTD SPON ADR   2009-12-31 2012-01-30
311. ABB LTD SPON ADR   2010-02-16 2012-01-31
4858.3 BROWN ADVISORY VALUE XXX-XX-XXXX   2008-03-18 2012-01-31
23. SCHLUMBERGER LTD.   2011-06-23 2012-02-07
36. EXPRESS SCRIPTS INC-CL A   2011-04-05 2012-02-13
17. EXPRESS SCRIPTS INC-CL A   2011-04-05 2012-02-13
27. FOSSIL INC   2011-09-21 2012-02-13
20. FOSSIL INC   2011-09-21 2012-02-14
3. COACH INC   2008-09-11 2012-03-12
3. FOSSIL INC   2011-08-25 2012-03-12
1. MASTERCARD INC   2008-09-25 2012-03-12
2. MEAD JOHNSON NUTRITION CO   2012-01-31 2012-03-12
1. SALESFORCE COM INC   2011-09-22 2012-03-12
1. APPLE COMPUTER INC.   2008-10-08 2012-03-13
10. COACH INC   2008-09-11 2012-03-13
8. FOSSIL INC   2011-08-25 2012-03-13
5. FOSSIL INC   2011-08-25 2012-03-13
2. MASTERCARD INC   2008-09-25 2012-03-13
9. MEAD JOHNSON NUTRITION CO   2012-01-31 2012-03-13
5. SALESFORCE COM INC   2011-09-22 2012-03-13
1. APPLE COMPUTER INC.   2008-10-08 2012-03-14
10. COACH INC   2008-09-11 2012-03-14
13. FOSSIL INC   2011-09-22 2012-03-14
2. MASTERCARD INC   2008-09-25 2012-03-14
9. MEAD JOHNSON NUTRITION CO   2012-01-31 2012-03-14
5. SALESFORCE COM INC   2011-09-22 2012-03-14
1. APPLE COMPUTER INC.   2008-10-08 2012-03-15
8. COACH INC   2008-09-11 2012-03-15
2. FOSSIL INC   2011-09-22 2012-03-15
7. FOSSIL INC   2011-09-22 2012-03-15
2. MASTERCARD INC   2008-09-25 2012-03-15
7. MEAD JOHNSON NUTRITION CO   2012-01-30 2012-03-15
4. SALESFORCE COM INC   2011-09-22 2012-03-15
3. APPLE COMPUTER INC.   2008-10-08 2012-03-16
23. COACH INC   2008-09-11 2012-03-16
28. FOSSIL INC   2011-11-09 2012-03-16
4. MASTERCARD INC   2008-09-25 2012-03-16
17. MEAD JOHNSON NUTRITION CO   2012-01-30 2012-03-16
2. MEAD JOHNSON NUTRITION CO   2012-01-19 2012-03-16
11. SALESFORCE COM INC   2012-01-31 2012-03-16
20. ROPER INDUSTRIES INC NEW   2008-10-20 2012-03-29
20. ROPER INDUSTRIES INC NEW   2008-10-15 2012-03-30
3. APPLE COMPUTER INC.   2008-10-08 2012-04-11
28. QUALCOMM CORP.   2009-09-04 2012-04-11
1. INTUITIVE SURGICAL INC   2009-02-27 2012-04-23
3. INTUITIVE SURGICAL INC   2009-02-27 2012-04-24
3. INTUITIVE SURGICAL INC   2009-02-27 2012-05-03
10. SALESFORCE COM INC   2012-01-31 2012-05-03
3. INTUITIVE SURGICAL INC   2007-01-16 2012-05-04
9. SALESFORCE COM INC   2012-01-30 2012-05-04
3. AMPHENOL CORP - CL A   2011-10-28 2012-05-07
25. AMPHENOL CORP - CL A   2011-10-28 2012-05-07
7. MASTERCARD INC   2008-09-25 2012-05-07
8. AMPHENOL CORP - CL A   2010-04-21 2012-05-08
16. AMPHENOL CORP - CL A   2011-10-28 2012-05-08
5. AMPHENOL CORP - CL A   2010-04-21 2012-05-10
2. AMPHENOL CORP - CL A   2010-04-21 2012-05-10
24. AMPHENOL CORP - CL A   2010-04-21 2012-05-10
3. DAVITA INC   2011-03-01 2012-05-10
16. DAVITA INC   2011-03-01 2012-05-10
50. EXPRESS SCRIPTS HLDGS C   2011-04-05 2012-05-10
5. SALESFORCE COM INC   2012-01-30 2012-05-10
19. AMPHENOL CORP - CL A   2010-04-21 2012-05-11
3. DAVITA INC   2011-02-28 2012-05-11
8. DAVITA INC   2011-10-21 2012-05-11
1. SALESFORCE COM INC   2011-11-21 2012-05-11
10. DAVITA INC   2011-10-21 2012-06-07
13. MEAD JOHNSON NUTRITION CO   2012-01-20 2012-06-07
10. DAVITA INC   2011-10-21 2012-06-08
12. MEAD JOHNSON NUTRITION CO   2012-01-20 2012-06-08
25. COSTCO WHOLESALE CORPORATION   2009-05-29 2012-06-29
6. COSTCO WHOLESALE CORPORATION   2009-05-29 2012-07-02
17. COSTCO WHOLESALE CORPORATION   2009-05-29 2012-07-02
3. STERICYCLE INC   2012-02-14 2012-07-16
1. STERICYCLE INC   2012-02-14 2012-07-16
10. STERICYCLE INC   2012-02-14 2012-07-17
5. STERICYCLE INC   2012-02-14 2012-07-17
23. STERICYCLE INC   2012-02-13 2012-07-18
1. STERICYCLE INC   2012-01-30 2012-07-18
3. APPLE COMPUTER INC.   2008-10-08 2012-07-19
3. DAVITA INC   2011-10-21 2012-07-20
2. DAVITA INC   2011-10-21 2012-07-20
32. EXPRESS SCRIPTS HLDGS C   2011-03-02 2012-07-20
7. DAVITA INC   2011-10-21 2012-07-23
1. DAVITA INC   2011-10-06 2012-07-23
5. DAVITA INC   2011-10-06 2012-07-24
7. ANSYS INC   2012-05-04 2012-08-06
5. ANSYS INC   2012-05-04 2012-08-06
5. GOOGLE INC CL A   2012-02-13 2012-08-06
24. ANSYS INC   2012-05-04 2012-08-07
7. ANSYS INC   2012-05-03 2012-08-07
3. ANSYS INC   2012-05-03 2012-08-08
14. ANSYS INC   2011-03-16 2012-08-08
10. ANSYS INC   2012-05-03 2012-08-08
13. ANSYS INC   2011-03-16 2012-08-09
20. DANAHER CORP   2012-03-30 2012-08-14
6. FOSSIL INC   2011-11-09 2012-08-14
50. DANAHER CORP   2012-03-29 2012-08-15
28. FOSSIL INC   2011-11-09 2012-08-15
4. APPLE COMPUTER INC.   2008-10-08 2012-09-21
2. GOOGLE INC CL A   2010-04-26 2012-09-21
3. GOOGLE INC CL A   2012-01-31 2012-09-21
4. NATIONAL INSTRS CORP   2011-05-03 2012-09-21
9. ANSYS INC   2011-03-16 2012-09-24
1. ANSYS INC   2011-03-16 2012-09-24
11. NATIONAL INSTRS CORP   2011-05-03 2012-09-24
1. NATIONAL INSTRS CORP   2011-05-03 2012-09-24
6024.096 BROWN ADVISORY VALUE XXX-XX-XXXX   2008-03-18 2012-09-24
18. ANSYS INC   2011-03-16 2012-09-25
10. NATIONAL INSTRS CORP   2011-05-03 2012-09-25
7. ANSYS INC   2011-03-15 2012-09-26
10. NATIONAL INSTRS CORP   2011-05-03 2012-09-26
9. ANSYS INC   2010-10-18 2012-09-27
22. NATIONAL INSTRS CORP   2011-05-03 2012-09-27
2. NATIONAL INSTRS CORP   2011-05-03 2012-09-27
20. NATIONAL INSTRS CORP   2011-05-03 2012-09-28
13. NATIONAL INSTRS CORP   2011-04-29 2012-10-01
3. NATIONAL INSTRS CORP   2011-04-29 2012-10-02
33. CANADIAN NATURAL RESOURCES LTD   2011-06-23 2012-10-03
5. NATIONAL INSTRS CORP   2011-04-29 2012-10-03
29. CANADIAN NATURAL RESOURCES LTD   2011-06-23 2012-10-04
6. NATIONAL INSTRS CORP   2011-04-29 2012-10-04
2. CANADIAN NATURAL RESOURCES LTD   2011-06-23 2012-10-05
40. CANADIAN NATURAL RESOURCES LTD   2012-02-07 2012-10-05
15. NATIONAL INSTRS CORP   2011-04-29 2012-10-05
27. CANADIAN NATURAL RESOURCES LTD   2012-05-03 2012-10-08
3. NATIONAL INSTRS CORP   2011-04-29 2012-10-08
7. NATIONAL INSTRS CORP   2011-04-29 2012-10-09
8. NATIONAL INSTRS CORP   2011-04-29 2012-10-10
15. DAVITA INC   2011-10-06 2012-10-12
17. DAVITA INC   2011-10-06 2012-10-15
15. COACH INC   2012-06-08 2012-10-24
19. COSTCO WHOLESALE CORPORATION   2009-05-29 2012-10-24
10. DAVITA INC   2008-01-14 2012-10-24
3. FOSSIL INC   2011-08-24 2012-10-24
3. IDEXX LABORATORIES CORP   2009-03-17 2012-10-24
10. ESTEE LAUDER COMPANIES CL A   2012-03-15 2012-10-24
11. ACCENTURE PLC CL A   2012-02-14 2012-10-24
31. COACH INC   2012-06-08 2012-10-25
19. COSTCO WHOLESALE CORPORATION   2009-05-29 2012-10-25
9. DAVITA INC   2008-01-14 2012-10-25
11. FOSSIL INC   2011-08-24 2012-10-25
3. IDEXX LABORATORIES CORP   2009-03-17 2012-10-25
9. ESTEE LAUDER COMPANIES CL A   2012-03-15 2012-10-25
32. ACCENTURE PLC CL A   2012-02-14 2012-10-25
12. ACCENTURE PLC CL A   2007-11-29 2012-10-25
28. COACH INC   2012-06-07 2012-10-26
6. DAVITA INC   2008-01-14 2012-10-26
10. FOSSIL INC   2011-08-24 2012-10-26
5. IDEXX LABORATORIES CORP   2009-03-17 2012-10-26
38. ESTEE LAUDER COMPANIES CL A   2012-03-15 2012-10-26
9. ESTEE LAUDER COMPANIES CL A   2012-03-15 2012-10-26
10. COACH INC   2012-08-07 2012-10-31
21. DAVITA INC   2008-01-14 2012-10-31
2.99893 FOSSIL INC   2011-08-24 2012-10-31
14.00107 FOSSIL INC   2011-08-24 2012-10-31
1. IDEXX LABORATORIES CORP   2009-03-17 2012-10-31
7. DAVITA INC   2008-01-14 2012-11-01
10. FOSSIL INC   2011-08-24 2012-11-01
9. IDEXX LABORATORIES CORP   2009-03-17 2012-11-01
2. IDEXX LABORATORIES CORP   2009-03-17 2012-11-02
1. NATIONAL INSTRS CORP   2011-04-29 2012-11-02
3. IDEXX LABORATORIES CORP   2009-03-17 2012-11-05
18. AMPHENOL CORP - CL A   2010-04-21 2012-11-06
8. IDEXX LABORATORIES CORP   2009-03-17 2012-11-06
2. IDEXX LABORATORIES CORP   2009-03-17 2012-11-06
3. NATIONAL INSTRS CORP   2011-04-29 2012-11-06
5. STERICYCLE INC   2012-01-30 2012-11-06
14. AMPHENOL CORP - CL A   2010-04-21 2012-11-07
4. IDEXX LABORATORIES CORP   2009-03-17 2012-11-07
7. STERICYCLE INC   2012-01-30 2012-11-07
3. STERICYCLE INC   2011-08-03 2012-11-07
13. AMPHENOL CORP - CL A   2010-04-20 2012-11-08
8. IDEXX LABORATORIES CORP   2009-03-17 2012-11-08
18. STERICYCLE INC   2011-08-03 2012-11-08
6. IDEXX LABORATORIES CORP   2009-03-17 2012-11-09
95. AMPHENOL CORP - CL A   2011-10-21 2012-11-12
63. ANSYS INC   2010-10-18 2012-11-12
11. APPLE COMPUTER INC.   2008-10-08 2012-11-12
6. APPLE COMPUTER INC.   2012-10-15 2012-11-12
116. CANADIAN NATURAL RESOURCES LTD   2012-05-04 2012-11-12
39. CANADIAN NATURAL RESOURCES LTD   2009-04-21 2012-11-12
64. CITRIX SYSTEMS INC   2008-07-24 2012-11-12
129. COACH INC   2012-09-21 2012-11-12
101. COGNIZANT TECH SOLUTIONS CRP COM   2012-05-10 2012-11-12
56. COSTCO WHOLESALE CORPORATION   2009-06-23 2012-11-12
93. COVANCE INC   2009-04-29 2012-11-12
55. DANAHER CORP   2011-10-28 2012-11-12
72. DANAHER CORP   2012-01-30 2012-11-12
46. DAVITA INC   2008-01-14 2012-11-12
46.99812 EXPRESS SCRIPTS HLDGS C   2011-03-02 2012-11-12
116.00188 EXPRESS SCRIPTS HLDGS C   2011-03-02 2012-11-12
49. FMC TECHNOLOGIES INC   2010-05-27 2012-11-12
102. FMC TECHNOLOGIES INC   2012-05-10 2012-11-12
129. FLUOR CORP NEW COM   2011-06-13 2012-11-12
63. FOSSIL INC   2011-09-06 2012-11-12
15. GOOGLE INC CL A   2011-10-04 2012-11-12
51. IDEXX LABORATORIES CORP   2009-03-17 2012-11-12
13. INTUITIVE SURGICAL INC   2012-08-15 2012-11-12
101. ESTEE LAUDER COMPANIES CL A   2012-03-16 2012-11-12
6. MASTERCARD INC   2012-09-24 2012-11-12
9. MASTERCARD INC   2008-09-29 2012-11-12
94. MEAD JOHNSON NUTRITION CO   2012-07-18 2012-11-12
141. NATIONAL INSTRS CORP   2011-05-06 2012-11-12
38. NETAPP INC   2012-04-11 2012-11-12
140. NETAPP INC   2011-08-03 2012-11-12
121. QUALCOMM CORP.   2009-09-23 2012-11-12
62. ROPER INDUSTRIES INC NEW   2008-10-15 2012-11-12
42. SALESFORCE COM INC   2012-08-06 2012-11-12
45. SCHLUMBERGER LTD.   2011-12-12 2012-11-12
56. SCHLUMBERGER LTD.   2011-10-31 2012-11-12
425. CHARLES SCHWAB CORP.   2008-07-01 2012-11-12
145. STARBUCKS CORP.   2012-10-25 2012-11-12
28. STERICYCLE INC   2011-08-03 2012-11-12
48. STERICYCLE INC   2012-01-10 2012-11-12
94. ACCENTURE PLC CL A   2008-02-20 2012-11-12
229. GENPACT LIMITED   2010-10-19 2012-11-12
30. CORE LABORATORIES N V   2012-10-08 2012-11-12
24. CORE LABORATORIES N V   2011-09-16 2012-11-12
1742.342 LAUDUS MONDRIAN EMG MKT INS   2010-12-15 2012-11-15
1720.032 LAUDUS MONDRIAN EMG MKT INS   2010-12-15 2012-11-16
1727.502 LAUDUS MONDRIAN EMG MKT INS   2010-12-15 2012-11-19
1722.655 LAUDUS MONDRIAN EMG MKT INS   2008-08-05 2012-11-20
69.947 LAUDUS MONDRIAN EMG MKT INS   2011-12-15 2012-11-21
1812.016 LAUDUS MONDRIAN EMG MKT INS   2010-06-15 2012-11-21
1. NATIONAL INSTRS CORP   2011-05-02 2012-11-23
54. CANADIAN NATURAL RESOURCES LTD   2009-04-21 2012-11-26
5. NATIONAL INSTRS CORP   2011-05-02 2012-11-26
84. CANADIAN NATURAL RESOURCES LTD   2009-04-21 2012-11-27
9. NATIONAL INSTRS CORP   2011-05-02 2012-11-27
5. SALESFORCE COM INC   2011-11-21 2012-11-27
18. SALESFORCE COM INC   2011-12-22 2012-11-27
65. CANADIAN NATURAL RESOURCES LTD   2009-04-21 2012-11-28
8. NATIONAL INSTRS CORP   2011-05-03 2012-11-28
54. CANADIAN NATURAL RESOURCES LTD   2009-04-21 2012-11-29
1. NATIONAL INSTRS CORP   2011-04-29 2012-11-29
45. CANADIAN NATURAL RESOURCES LTD   2009-04-21 2012-11-30
105. CANADIAN NATURAL RESOURCES LTD   2009-04-21 2012-12-03
93. CANADIAN NATURAL RESOURCES LTD   2009-04-21 2012-12-04
45. CANADIAN NATURAL RESOURCES LTD   2009-04-21 2012-12-05
1560. WISDOMTREE EMERGING MKTS EQ INCOME   2012-11-21 2012-12-11
21. SALESFORCE COM INC   2009-02-12 2012-12-17
1. SALESFORCE COM INC   2011-12-22 2012-12-17
17. ROPER INDUSTRIES INC NEW   2008-10-16 2012-12-19
17. STERICYCLE INC   2010-02-04 2012-12-19
36. AMPHENOL CORP - CL A   2011-10-21 2012-12-21
24. ANSYS INC   2010-10-13 2012-12-21
1. APPLE COMPUTER INC.   2008-10-08 2012-12-21
6. APPLE COMPUTER INC.   2012-11-09 2012-12-21
1707.456 BROWN ADVISORY SM CP FUNDAMENTAL VAL   2012-11-14 2012-12-21
7639.419 BROWN ADVISORY VALUE EQUITY INV   2008-03-18 2012-12-21
13.11755 BROWN ADVISORY SMALL CAP GROWTH INV   2012-11-14 2012-12-21
1790.63445 BROWN ADVISORY SMALL CAP GROWTH INV   2012-11-14 2012-12-21
25. CITRIX SYSTEMS INC   2008-07-24 2012-12-21
48. COACH INC   2012-08-14 2012-12-21
22. COGNIZANT TECH SOLUTIONS CRP COM   2008-12-05 2012-12-21
16. COGNIZANT TECH SOLUTIONS CRP COM   2012-05-07 2012-12-21
22. COSTCO WHOLESALE CORPORATION   2009-06-23 2012-12-21
36. COVANCE INC   2009-04-29 2012-12-21
11. DANAHER CORP   2011-12-23 2012-12-21
37. DANAHER CORP   2008-03-18 2012-12-21
17. DAVITA INC   2007-12-13 2012-12-21
24. ECOLAB INC   2012-12-04 2012-12-21
67. EXPRESS SCRIPTS HLDGS C   2011-02-26 2012-12-21
58. FMC TECHNOLOGIES INC   2010-05-27 2012-12-21
48. FLUOR CORP NEW COM   2011-06-13 2012-12-21
24. FOSSIL INC   2011-09-05 2012-12-21
5. GOOGLE INC CL A   2010-07-21 2012-12-21
20. IDEXX LABORATORIES CORP   2008-10-24 2012-12-21
5. INTUITIVE SURGICAL INC   2012-12-19 2012-12-21
38. ESTEE LAUDER COMPANIES CL A   2012-03-16 2012-12-21
6. MASTERCARD INC   2008-09-29 2012-12-21
24.00043 MEAD JOHNSON NUTRITION CO   2012-01-23 2012-12-21
11.99957 MEAD JOHNSON NUTRITION CO   2012-07-16 2012-12-21
57. NATIONAL INSTRS CORP   2011-05-04 2012-12-21
68. NETAPP INC   2012-09-21 2012-12-21
51. QUALCOMM CORP.   2012-12-17 2012-12-21
22. ROPER INDUSTRIES INC NEW   2008-10-16 2012-12-21
10. SALESFORCE COM INC   2009-02-12 2012-12-21
38. SCHLUMBERGER LTD.   2011-12-12 2012-12-21
190. CHARLES SCHWAB CORP.   2011-04-05 2012-12-21
55. STARBUCKS CORP.   2012-10-25 2012-12-21
26. STERICYCLE INC   2010-02-04 2012-12-21
35. ACCENTURE PLC CL A   2008-02-20 2012-12-21
86. GENPACT LIMITED   2010-06-02 2012-12-21
20. CORE LABORATORIES N V   2011-08-05 2012-12-21
(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 465   256 209
b 1,357   604 753
c 1,870   1,613 257
d 1,350   280 1,070
e 1,879   1,613 266
586   609 -23
45   40 5
353   323 30
654   605 49
89   81 8
714   646 68
2,017   1,495 522
65   30 35
1,100   813 287
1,217   575 642
6,376   6,019 357
6,467   5,747 720
60,000   60,875 -875
1,815   1,905 -90
1,796   2,055 -259
846   970 -124
2,766   2,656 110
2,364   1,913 451
231   91 140
383   279 104
419   196 223
160   148 12
147   117 30
561   93 468
778   302 476
1,022   745 277
648   465 183
841   393 448
721   668 53
750   585 165
584   93 491
787   302 485
1,663   1,210 453
843   393 450
722   668 54
754   585 169
588   93 495
622   242 380
255   186 69
888   649 239
839   393 446
557   517 40
611   468 143
1,755   279 1,476
1,798   695 1,103
3,512   2,591 921
1,680   786 894
1,357   1,255 102
160   147 13
1,665   1,285 380
1,974   890 1,084
1,984   885 1,099
1,879   279 1,600
1,859   1,271 588
567   93 474
1,684   280 1,404
1,735   280 1,455
1,584   1,165 419
1,701   280 1,421
1,382   1,041 341
165   147 18
1,373   1,226 147
3,071   1,375 1,696
433   378 55
866   785 81
273   236 37
109   95 14
1,306   1,135 171
255   240 15
1,350   1,270 80
2,694   2,848 -154
720   566 154
1,032   898 134
249   238 11
663   553 110
140   110 30
849   692 157
1,056   956 100
850   690 160
968   882 86
2,369   1,194 1,175
568   287 281
1,606   812 794
279   262 17
93   87 6
930   873 57
464   431 33
2,142   1,938 204
93   83 10
1,839   279 1,560
292   205 87
195   137 58
1,838   1,812 26
667   462 205
96   64 32
473   321 152
473   435 38
339   310 29
3,235   3,030 205
1,627   1,487 140
476   432 44
201   185 16
932   731 201
665   617 48
870   674 196
1,070   1,112 -42
508   552 -44
2,675   2,670 5
2,422   2,559 -137
2,807   373 2,434
1,465   1,067 398
2,197   1,733 464
106   121 -15
661   466 195
74   52 22
287   333 -46
26   30 -4
80,000   75,482 4,518
1,314   927 387
260   302 -42
503   332 171
255   302 -47
650   413 237
561   665 -104
51   60 -9
505   603 -98
325   392 -67
75   90 -15
1,009   1,308 -299
123   151 -28
899   1,149 -250
148   181 -33
62   79 -17
1,237   1,547 -310
370   452 -82
827   929 -102
73   90 -17
169   211 -42
189   241 -52
1,653   962 691
1,857   1,069 788
861   949 -88
1,819   908 911
1,110   587 523
265   273 -8
289   98 191
621   638 -17
734   631 103
1,764   1,951 -187
1,824   908 916
1,002   528 474
967   1,001 -34
290   98 192
551   572 -21
2,138   1,835 303
802   415 387
1,570   1,740 -170
666   352 314
874   910 -36
480   163 317
2,314   2,407 -93
549   570 -21
558   567 -9
2,357   1,232 1,125
261   273 -12
1,220   1,274 -54
97   33 64
786   411 375
919   907 12
862   293 569
191   65 126
25   30 -5
282   98 184
1,119   851 268
752   260 492
188   65 123
74   90 -16
475   414 61
859   661 198
371   130 241
657   579 78
281   244 37
784   610 174
726   260 466
1,668   1,465 203
539   194 345
5,822   4,414 1,408
4,278   2,860 1,418
5,999   1,024 4,975
3,272   3,788 -516
3,260   3,779 -519
1,096   866 230
3,805   1,692 2,113
7,052   7,257 -205
6,641   6,186 455
5,356   2,554 2,802
4,951   3,752 1,199
2,869   2,788 81
3,755   3,532 223
5,191   2,613 2,578
2,466   2,660 -194
6,086   6,568 -482
2,007   1,531 476
4,178   4,709 -531
6,792   8,781 -1,989
5,065   5,632 -567
10,009   7,619 2,390
4,565   1,639 2,926
6,912   6,581 331
5,816   6,385 -569
2,805   2,730 75
4,207   1,517 2,690
6,167   6,889 -722
3,291   4,246 -955
1,023   1,555 -532
3,770   6,946 -3,176
7,486   5,444 2,042
6,738   2,732 4,006
5,961   5,008 953
3,071   3,215 -144
3,821   4,157 -336
5,517   8,818 -3,301
7,376   6,715 661
2,588   1,973 615
4,436   3,764 672
6,234   3,226 3,008
3,618   3,964 -346
2,952   3,065 -113
2,361   2,548 -187
15,960   16,744 -784
15,790   16,530 -740
15,997   15,944 53
15,883   15,452 431
648   568 80
16,779   15,331 1,448
25   30 -5
1,537   1,200 337
123   150 -27
2,363   1,866 497
220   271 -51
788   538 250
2,835   1,796 1,039
1,816   1,444 372
196   241 -45
1,554   1,200 354
24   30 -6
1,288   1,000 288
2,981   2,333 648
2,583   2,063 520
1,254   989 265
85,345   81,023 4,322
3,539   556 2,983
169   100 69
1,874   742 1,132
1,577   922 655
2,343   1,611 732
1,652   1,087 565
515   93 422
3,092   3,893 -801
30,000   27,729 2,271
100,000   95,722 4,278
182   186 -4
24,818   25,427 -609
1,652   661 991
2,758   2,636 122
1,613   375 1,238
1,173   940 233
2,171   999 1,172
2,104   1,453 651
616   523 93
2,072   1,387 685
1,906   965 941
1,720   1,728 -8
3,639   3,960 -321
2,427   1,172 1,255
2,817   2,807 10
2,214   2,064 150
3,577   2,421 1,156
1,920   641 1,279
2,444   2,576 -132
2,277   2,402 -125
2,970   1,011 1,959
1,580   1,740 -160
790   873 -83
1,453   1,697 -244
2,287   2,739 -452
3,176   3,138 38
2,438   921 1,517
1,686   265 1,421
2,645   1,548 1,097
2,721   3,563 -842
2,929   2,547 382
2,382   1,410 972
2,394   1,181 1,213
1,352   1,467 -115
2,190   2,012 178
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       209
b       753
c       257
d       1,070
e       266
      -23
      5
      30
      49
      8
      68
      522
      35
      287
      642
      357
      720
      -875
      -90
      -259
      -124
      110
      451
      140
      104
      223
      12
      30
      468
      476
      277
      183
      448
      53
      165
      491
      485
      453
      450
      54
      169
      495
      380
      69
      239
      446
      40
      143
      1,476
      1,103
      921
      894
      102
      13
      380
      1,084
      1,099
      1,600
      588
      474
      1,404
      1,455
      419
      1,421
      341
      18
      147
      1,696
      55
      81
      37
      14
      171
      15
      80
      -154
      154
      134
      11
      110
      30
      157
      100
      160
      86
      1,175
      281
      794
      17
      6
      57
      33
      204
      10
      1,560
      87
      58
      26
      205
      32
      152
      38
      29
      205
      140
      44
      16
      201
      48
      196
      -42
      -44
      5
      -137
      2,434
      398
      464
      -15
      195
      22
      -46
      -4
      4,518
      387
      -42
      171
      -47
      237
      -104
      -9
      -98
      -67
      -15
      -299
      -28
      -250
      -33
      -17
      -310
      -82
      -102
      -17
      -42
      -52
      691
      788
      -88
      911
      523
      -8
      191
      -17
      103
      -187
      916
      474
      -34
      192
      -21
      303
      387
      -170
      314
      -36
      317
      -93
      -21
      -9
      1,125
      -12
      -54
      64
      375
      12
      569
      126
      -5
      184
      268
      492
      123
      -16
      61
      198
      241
      78
      37
      174
      466
      203
      345
      1,408
      1,418
      4,975
      -516
      -519
      230
      2,113
      -205
      455
      2,802
      1,199
      81
      223
      2,578
      -194
      -482
      476
      -531
      -1,989
      -567
      2,390
      2,926
      331
      -569
      75
      2,690
      -722
      -955
      -532
      -3,176
      2,042
      4,006
      953
      -144
      -336
      -3,301
      661
      615
      672
      3,008
      -346
      -113
      -187
      -784
      -740
      53
      431
      80
      1,448
      -5
      337
      -27
      497
      -51
      250
      1,039
      372
      -45
      354
      -6
      288
      648
      520
      265
      4,322
      2,983
      69
      1,132
      655
      732
      565
      422
      -801
      2,271
      4,278
      -4
      -609
      991
      122
      1,238
      233
      1,172
      651
      93
      685
      941
      -8
      -321
      1,255
      10
      150
      1,156
      1,279
      -132
      -125
      1,959
      -160
      -83
      -244
      -452
      38
      1,517
      1,421
      1,097
      -842
      382
      972
      1,213
      -115
      178
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 2 140,695
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 160,000 2,185,731 0.073202
2010 471,811 2,029,331 0.232496
2009 98,310 1,914,151 0.05136
2008 157,241 2,623,878 0.059927
2007 106,148 3,241,053 0.032751
2 Total of line 1, column (d) ...................... 2 0.449736
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 0.089947
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 2,134,681
5 Multiply line 4 by line 3....................... 5 192,008
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,493
7 Add lines 5 and 6......................... 7 193,501
8 Enter qualifying distributions from Part XII, line 4.............. 8 213,747
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2012)
Form 990-PF (2012)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 1,493
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 1,493
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,493
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 824
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.............. 7 824
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 10
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 679
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet   Refunded Bullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMD
    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
     
     
    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 ofbulletBROWN ADVISORY Telephone no.bullet (410) 537-5450
    Located atbullet901 S BOND STREET SUITE 400BALTIMOREMD ZIP+4bullet21231
    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
    FRANCES W BAKER OFFICER
    0     		0    
    400 W BRAMBLETON AVE SUITE 200
    NORFOLK,VA23510
    LENOX D BAKER JR OFFICER
    0     		0    
    400 W BRAMBLETON AVE SUITE 200
    NORFOLK,VA23510
    SARA F BAKER OFFICER
    0     		0    
    400 W BRAMBLETON AVE SUITE 200
    NORFOLK,VA23510
    MARGARET W BAKER OFFICER
    0     		0    
    400 W BRAMBLETON AVE SUITE 200
    NORFOLK,VA23510
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,136,965
    b
    Average of monthly cash balances.......................
    1b
    30,224
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,167,189
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    2,167,189
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    32,508
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,134,681
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    106,734
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    106,734
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    1,493
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,493
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    105,241
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    105,241
    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
    105,241
    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
    213,747
    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
    213,747
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    1,493
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    212,254
    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 7 105,241
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 0
    b Total for prior years:2010, 20, 20 0
    3 Excess distributions carryover, if any, to 2012:
    a From 2007....... 0
    b From 2008....... 0
    c From 2009....... 0
    d From 2010....... 287,853
    e From 2011....... 52,359
    fTotal of lines 3a through e......... 340,212
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 213,747
    a Applied to 2011, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2012 distributable amount..... 105,241
    e Remaining amount distributed out of corpus 108,506
    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 5 448,718
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		448,718
    10 Analysis of line 9:
    a Excess from 2008.... 0
    b Excess from 2009.... 0
    c Excess from 2010.... 287,853
    d Excess from 2011.... 52,359
    e Excess from 2012.... 108,506
    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
    CHESAPEAKE BAY FOUNDATION
    SIX HERNDON CENTER
    ANNAPOLIS,MD21403     		NONE PUBLIC CHARITY GENERAL 25,000
    JOHNS HOPKINS MEDICINE
    600 NORTH WOLFE STREET
    BALTIMORE,MD21287     		NONE PUBLIC CHARITY GENERAL 40,000
    DAVIDSON COLLEGE
    BOX 7170
    DAVIDSON,NC280357170     		NONE PUBLIC CHARITY GENERAL 13,000
    OLD DOMINION UNIVERSITY
    5115 HAMPTON BOULEVARD
    NORFOLK,VA23529     		NONE PUBLIC CHARITY GENERAL 15,000
    VIRGINIA ARTS FESTIVAL
    440 BANK STREET
    NORFOLK,VA23510     		NONE PUBLIC CHARITY ANNUAL FUND 15,000
    NORTHWEST WYOMING FAMILY PLANNING
    1231 RUMSEY AVENUE
    Cody,WY82414     		NONE PUBLIC CHARITY GENERAL 10,000
    YELLOWSTONE BEHAVIORAL HEALTH FDN
    2538 BIG HORN AVE
    Cody,WY82414     		NONE PUBLIC CHARITY GENERAL 5,000
    BUFFALO BILL MUSEUM & GRAVE
    987 1/2 LOOKOUT MOUNTAIN ROAD
    GOLDEN,CO80401     		NONE PUBLIC CHARITY GENERAL 10,000
    NWC FOUNDATION
    231 W 6TH STREET BUILDING 1
    POWELL,WY824359917     		NONE PUBLIC CHARITY GENERAL 10,000
    BRIGHT FUTURES MENTORING PROGRAM
    961 12TH STREET
    CODY,WY80218     		NONE PUBLIC CHARITY GENERAL 5,000
    NORFOLK COLLEGIATE SCHOOL
    7336 GRANBY STREET
    NORFOLK,VA23505     		NONE PUBLIC CHARITY GENERAL 30,747
    WEST PARK HOSPITAL FOUNDATION
    707 SHERIDAN AVENUE
    CODY,WY82414     		NONE PUBLIC CHARITY GENERAL 25,000
    CHILDRENS HARBOR FOUNDATION SOCIETY
    1 OUR CHILDRENS HIGHWAY
    ALEXANDER CITY,AL35010     		NONE PUBLIC CHARITY GENERAL 10,000
    Total .................................bullet 3a 213,747
    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 16,561  
    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     18 140,695  
    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)..   157,256  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13157,256
    (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 InvestmentsCorpBondsSchedule
    Name:
    THE LENOX D AND FRANCES W BAKER FOUNDATION
    EIN: 54-1788401
    Name of Bond End of Year Book Value End of Year Fair Market Value
    DOUBLELINE EMG MARKTS 20,256 21,442

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    THE LENOX D AND FRANCES W BAKER FOUNDATION
    EIN: 54-1788401
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COMMON STOCK 346,734 593,917
    EQUITY MUTUAL FUNDS 1,071,665 1,313,796
    FOREIGN STOCKS 42,635 70,911

    TY 2012 OtherDecreasesSchedule
    Name:
    THE LENOX D AND FRANCES W BAKER FOUNDATION
    EIN: 54-1788401
    Description Amount
    OFFSET 2011 ADJUSTMENT 155
    GIFT CHECK REVERSED 10,000


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    THE LENOX D AND FRANCES W BAKER FOUNDATION
    EIN: 54-1788401
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES-PRIN 7,652 7,652    


    TY 2012 TaxesSchedule
    Name:
    THE LENOX D AND FRANCES W BAKER FOUNDATION
    EIN: 54-1788401
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 82 82   0
    FEDERAL EXCISE TAX 1,652 0   0
    QUARTERLY TAX DEPOSIT 824 0   0
    FOREIGN TAXES ON QUALIFIED FOR 256 256   0