TY 2012 Form 990PF

- TIN:

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
F DEAN ADAMS TRUST FUND 485-2513027125

Number and street (or P.O. box number if mail is not delivered to street address)1525 W WT HARRIS BLVD D1114-044 Room/suite

City or town, state, and ZIP code
CHARLOTTE, NC28288

A Employer identification number

22-6058816

B Telephone number (see instructions)

(855) 739-2920

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85% test,
check here and attach computation ........... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$1,376,062J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

E If private foundation status was terminated
under section 507(b)(1)(A), check here ......... bullet

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ......... bullet

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	39,505		39,138
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		4,376
b	Gross sales price for all assets on line 6a 137,925
7	Capital gain net income (from Part IV, line 2)...			4,376
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	43,881		43,514
13	Compensation of officers, directors, trustees, etc.	26,916		13,694		13,222
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)		877	367		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..........	27,793		14,061	0	13,222
25	Contributions, gifts, grants paid........	86,187				86,187
26	Total expenses and disbursements. Add lines 24 and 25	113,980		14,061	0	99,409
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-70,099
b	Net investment income (if negative, enter -0-)			29,453
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	8,639	3,537	3,537
	2	Savings and temporary cash investments..........	74,821	38,383	38,383
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	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)........		673,113	683,855
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	1,281,947	577,830	650,287
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,365,407	1,292,863	1,376,062
	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 )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	1,365,407	1,292,863
	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)....................	1,365,407	1,292,863
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	1,365,407	1,292,863

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	1,365,407
2	Enter amount from Part I, line 27a.....................	2	-70,099
3	Other increases not included in line 2 (itemize)	3	1,929
4	Add lines 1, 2, and 3..........................	4	1,297,237
5	Decreases not included in line 2 (itemize)	5	4,374
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	1,292,863

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.)		(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	3629.591 ARTIO INTERNATIONAL EQ FD 3# 1529	2011-03-08	2012-09-17
b	955.106 HARBOR FD SMALL CAP VALUE FD	2005-04-08	2012-01-09
c	1536.396 ING REAL ESTATE FUND CL-I #2190	2009-03-11	2012-10-10
d	389.864 MFS VALUE FUND-CLASS I #893	2011-11-22	2012-10-10
e	3284.647 PIONEER HIGH YIELD FD-Y	2007-06-18	2012-10-10
	3.509 VANGUARD S/T BD IND SIGNAL #1349	2007-06-18	2012-09-17

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	38,946	60,402	-21,456
b	19,513	17,784	1,729
c	26,380	9,541	16,839
d	10,000	8,343	1,657
e	33,635	37,445	-3,810
	37	34	3

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			-21,456
b			1,729
c			16,839
d			1,657
e			-3,810
			3

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	4,376
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . . . .		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? Yes No

If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2011	107,056	1,391,441	0.076939
2010	93,751	1,345,642	0.06967
2009	73,816	1,194,659	0.061788
2008	114,718	1,481,773	0.077419
2007	101,292	1,882,514	0.053807

2	Total of line 1, column (d) ......................	2	0.339623
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	0.067925
4	Enter the net value of noncharitable-use assets for 2012 from Part X, line 5.....	4	1,357,886
5	Multiply line 4 by line 3.......................	5	92,234
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	295
7	Add lines 5 and 6.........................	7	92,529
8	Enter qualifying distributions from Part XII, line 4..............	8	99,409
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)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	295
	hereand 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	295
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	295
6	Credits/Payments:

a	2012 estimated tax payments and 2011 overpayment credited to 2012	6a	376
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	376
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	81
11	Enter the amount of line 10 to be: Credited to 2013 estimated tax81	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of

the instructions for definition)?............................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If “Yes,” attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If “Yes,” has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If “Yes,” attach the statement required by General Instruction T.

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?................

Yes

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.

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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.............................

Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

The books are in care of bullet

WELLS FARGO BANK NA Telephone no. bullet

(855) 739-2920

Located at bullet

1W 4TH ST 2ND FLOORWINSTON SALEMNC ZIP+4 bullet

271013818

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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? .................

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)

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?.........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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)?...

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?.............

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)):

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?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?.........................YesNo

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.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(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)........YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If “Yes,” attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?........................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If “Yes” to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2012)

Page 6

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
WELLS FARGO BANK NA	CO-TRUSTEE 40	18,258
1525 WEST WT HARRIS BLVD CHARLOTTE,NC282881114	CO-TRUSTEE 40	18,258
JOHN V GIBSON JR	CO-TRUSTEE 4	4,329
439 HIDDEN OAKS DRIVE YARDLEY,PA19067	CO-TRUSTEE 4	4,329
P FRANK CASTELLON	CO-TRUSTEE 4	4,329
115 KENSINGTON AVE TRENTON,NJ08618	CO-TRUSTEE 4	4,329

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...................				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............. 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)

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.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

1,326,750

Average of monthly cash balances.......................

51,814

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

1,378,564

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

1,378,564

Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see

instructions) .............................

20,678

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

1,357,886

Minimum investment return. Enter 5% of line 5..................

67,894

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

67,894

Tax on investment income for 2012 from Part VI, line 5......

295

Income tax for 2012. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

295

Distributable amount before adjustments. Subtract line 2c from line 1............

67,599

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

67,599

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

line 1................................

67,599

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

99,409

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

99,409

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).................

295

Adjusted qualifying distributions. Subtract line 5 from line 4..............

99,114

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)

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					67,599
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.......	21,161
c From 2009.......	14,549
d From 2010.......	26,947
e From 2011.......	38,232
fTotal of lines 3a through e.........		100,889
4Qualifying distributions for 2012 from Part
XII, line 4: $ 99,409
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.....					67,599
e Remaining amount distributed out of corpus		31,810
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		132,699
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 ......		132,699
10 Analysis of line 9:
a Excess from 2008....	21,161
b Excess from 2009....	14,549
c Excess from 2010....	26,947
d Excess from 2011....	38,232
e Excess from 2012....	31,810

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
TRINITY CATHEDRAL 801 W STATE STREET TRENTON,NJ08618	NONE	PUBLIC EXEMPT	GENERAL SUPPORT	86,187
Total ................................. 3a				86,187

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	39,505
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	4,376
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)..				43,881

13Total. Add line 12, columns (b), (d), and (e)..................

1343,881

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 12

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section

Yes

501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2012)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2012 InvestmentsCorpStockSchedule

Name:

F DEAN ADAMS TRUST FUND 485-2513027125

EIN: 22-6058816

Name of Stock	End of Year Book Value	End of Year Fair Market Value
04315J860 ARTIO GLOBAL FD#1525
693391104 PIMCO REAL RTN #122
693390700 PIMCO TOT RTN FD #35
72369B406 PIONEER HI YLD #724
921937850 VANGUARD S-T #1349
957663503 WESTERN ASSET FD#287
693390882 PIMCO FORGN FD #103
693391559 PIMCO EMERG MKT #137
04314H105 ARTISAN FDS INC SMAL	16,620	21,788
411511843 HARBOR SML CAP #2022
339128100 JP MORGAN MID CAP VA	60,296	58,969
784924425 SSGA EMERGING MARKET	68,702	51,581
900297763 TURNER MIDCAP GROWTH	27,918	28,089
04315J837 ARTIO INTL FD #1529
246248306 DELAWARE POOLED TR I	55,305	36,152
26852M105 EII INTL PROPER #30
44981V706 ING RE FD #2190
722005667 PIMCO COMMODITY REAL	58,322	41,138
779919109 T ROWE PRICE REAL ES	78,878	87,847
20030N101 COMCAST CORP CL A
548661107 LOWES CO INC
039483102 ARCHER DANIELS MIDLA
126650100 CVS CAREMARK CORP
494368103 KIMBERLY CLARK CORP
50075N104 KRAFT FOODS INC
786514208 SAFEWAY INC NEW
166764100 CHEVRON CORP
20825C104 CONOCOPHILLIPS
565849106 MARATHON OIL CORP
637071101 NATIONAL OIL VARCAL
969457100 WILLIAMS COS INC
020002101 ALLSTATE CORP
064058100 BANK NEW YORK MELLON
571748102 MARSH & MCLENNAN COS
89417E109 TRAVELERS COMPANIES
071813109 BAXTER INTL INC
14149Y108 CARDINAL HEALTH INC
478160104 JOHNSON & JOHNSON
58933Y105 MERCK & CO INC NEW
717081103 PFIZER INC
74834L100 QUEST DIAGNOSTICS
666807102 NORTHROP GRUMMAN
94106L109 WASTE MANAGEMENT INC
458140100 INTEL CORP
459200101 IBM CORP
620076109 MOTOROLA INC
984121103 XEROX CORP
263534109 DU PONT DE NEMOURS
00206R102 AT&T INC
92343V104 VERIZON COMMUNICA
281020107 EDISON INTL COM
743263105 PROGRESS ENERGY INC
465562106 ITAU UNIBANCO HOLDNG
023135106 AMAZON COM INC
345370860 FORD MOTOR CO
500255104 KOHLS CORP
55616P104 MACY'S INC
571903202 MARRIOTT INTERNATL
741503403 PRICELINE INC
25490A101 DIRECTV GROUP
254687106 WALT DISNEY CO
406216101 HALLIBURTON CO
20825C104 CONOCOPHILLIPS
651290108 NEWFIELD EXPL CO
674599105 OCCIDENTAL PETE CORP
025816109 AMERICAN EXPRESS CO
172967101 CITIGROUP INC
018490102 ALLERGAN INC
302182100 EXPRESS SCRIPTS INC
91324P102 UNITEDHEALTH GROUP
231021106 CUMMINS INC
247361702 DELTA AIRLINES INC
278058102 EATON CORP
291011104 EMERSON ELECTRIC CO
740189105 PRECISION CASTPARTS
907818108 UNION PACIFIC CORP
00846U101 AGILENT TECHNOLOGIES
037833100 APPLE INC
177376100 CITRIX SYS INC
268648102 EMC CORP MASS
315616102 F5 NETWORKS INC
38259P508 GOOGLE INC
48203R104 JUNIPER NETWORKS INC
64110D104 NETAPP INC
68389X105 ORACLE CORP
747525103 QUALCOMM INC
79466L302 SALESFORCE COM INC
928563402 VMWARE INC
029912201 AMERICAN TOWER SYST
056752108 BAIDU INC
D1668R123 DAIMLERCHRYSLER
N53745100 LYONDELLBASELL INDUS
411511504 HARBOR CAPITAL APRCT	75,000	88,313
44981V706 ING REAL ESTATE FUND
464287200 ISHARES CORE S & P 5	41,944	50,099
464287234 ISHARES TR MSCI EMER	14,988	17,740
552983694 MFS VALUE FUND-CLASS	66,657	79,303
78463X863 SPDR DJ WILSHIRE INT	37,983	47,594
04314H204 ARTISAN INTERNATIONA	40,000	41,258
22544R305 CREDIT SUISSE COMM R	11,000	10,429
487300808 KEELEY SMALL CAP VAL	19,500	23,555

- TIN:

TY 2012 InvestmentsOtherSchedule2

Name:

F DEAN ADAMS TRUST FUND 485-2513027125

EIN: 22-6058816

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
04315J860 ARTIO GLOBAL HIGH IN	AT COST	23,243	31,692
693391104 PIMCO REAL RETURN FU	AT COST	63,116	73,827
693390700 PIMCO TOTAL RET FD-I	AT COST	129,686	144,742
72369B406 PIONEER HIGH YIELD
76628T645 RIDGEWORTH SEIX HY B	AT COST	68,000	72,231
921937850 VANGAURD SHORT TERM
957663503 WESTERN ASSET CORE P	AT COST	116,433	133,083
693391559 PIMCO EMERG MKTS BD-	AT COST	50,290	57,600
693390882 PIMCO FOREIGN BD FD	AT COST	45,017	48,509
04314H105 ARTISAN FDS INC
411511504 HARBOR CAPITAL APPRE
411511843 HARBOR SMALL CAP VAL
464287200 ISHARES S&P 500
339128100 JP MORGAN MID CAP
552983694 MFS VALUE FUND
900297763 TURNER MIDCAP GROWTH
04315J837 ARTIO INTERNATIONAL
246248306 DELAWARE POOLED TR
464287234 ISHARES TR MSCI EMER
784924425 SSGA EMERGING MKT
44981V706 ING RE FUNDN
722005667 PIMCO COMMODITY RTN
78463X863 SPDR DJ WILSHIRE INT
779919109 T ROWE PRICE RE FUND
921937827 VANGUARD SHORT TERM	AT COST	82,045	88,603

- TIN:

TY 2012 OtherDecreasesSchedule

Name:

F DEAN ADAMS TRUST FUND 485-2513027125

EIN: 22-6058816

Description	Amount
MUTUAL FUND POSTING DATE AFTER TYE	3,420
ROC BASIS ADJUSTMENT	954

- TIN:

TY 2012 OtherIncreasesSchedule

Name:

F DEAN ADAMS TRUST FUND 485-2513027125

EIN: 22-6058816

Description	Amount
MUTUAL FUND TAX EFFECTIVE DATE BEFORE TYE	1,929

- TIN:

TY 2012 TaxesSchedule

Name:

F DEAN ADAMS TRUST FUND 485-2513027125

EIN: 22-6058816

Category	Amount	Net Investment Income
FEDERAL TAX PAYMENT - PRIOR YE	134	0
FEDERAL ESTIMATES - PRINCIPAL	376	0
FOREIGN TAXES ON QUALIFIED FOR	283	283
FOREIGN TAXES ON NONQUALIFIED	84	84