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
CONSTANCE AND CARL FERRIS CHARITABLE

Number and street (or P.O. box number if mail is not delivered to street address)901 SOUTH BOND STREET SUITE 400 Room/suite

City or town, state, and ZIP code
BALTIMORE, MD21231

A Employer identification number

20-5568159

B Telephone number (see instructions)

(410) 537-5458

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

$6,449,514J 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......	53,773		53,773
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		166,715
b	Gross sales price for all assets on line 6a 1,720,838
7	Capital gain net income (from Part IV, line 2)...			166,715
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........	220,488		220,488
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)....		17,484	17,484		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)		3,739	304		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..........	21,223		17,788	0	0
25	Contributions, gifts, grants paid........	291,000				291,000
26	Total expenses and disbursements. Add lines 24 and 25	312,223		17,788	0	291,000
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-91,735
b	Net investment income (if negative, enter -0-)			202,700
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...............
	2	Savings and temporary cash investments..........	17,541	31,685	31,685
	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)	283,609	183,907	189,842
	b	Investments—corporate stock (attach schedule)........	4,056,998	4,409,983	5,136,110
	c	Investments—corporate bonds (attach schedule)........	1,165,459	819,786	841,877
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	250,000	250,000	250,000
	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)	5,773,607	5,695,361	6,449,514
	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.........	5,773,607	5,695,361
	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)....................	5,773,607	5,695,361
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	5,773,607	5,695,361

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	5,773,607
2	Enter amount from Part I, line 27a.....................	2	-91,735
3	Other increases not included in line 2 (itemize)	3	30,521
4	Add lines 1, 2, and 3..........................	4	5,712,393
5	Decreases not included in line 2 (itemize)	5	17,032
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	5,695,361

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	5000. SPDR S P DIVIDEND ETF	2011-10-21	2012-01-05
b	2. INTUITIVE SURGICAL INC	2010-01-27	2012-01-06
c	3. INTUITIVE SURGICAL INC	2010-01-27	2012-01-09
d	3. GOOGLE INC CL A	2011-05-05	2012-01-10
e	3. INTUITIVE SURGICAL INC	2010-01-27	2012-01-10
	3. GOOGLE INC CL A	2010-04-26	2012-01-11
	25000. U S TREASURY NT 3.125% 5/15/21	2011-08-08	2012-01-11
	13. COVANCE INC	2009-10-22	2012-01-12
	1. COVANCE INC	2009-10-22	2012-01-13
	9. COVANCE INC	2009-10-22	2012-01-13
	16. COVANCE INC	2009-10-22	2012-01-13
	1324.54 F H L M C GD G11649 4.500% 2/01/20	2005-02-15	2012-01-15
	221.96 F H L M C #1B0889 2.393% 5/01/33	2005-04-14	2012-01-15
	2. COVANCE INC	2009-10-22	2012-01-17
	16. COVANCE INC	2009-10-22	2012-01-17
	33. COACH INC	2011-08-19	2012-01-19
	18. COACH INC	2011-08-19	2012-01-20
	1. COACH INC	2010-01-27	2012-01-20
	20. COACH INC	2010-01-27	2012-01-23
	48.74 F N M A #909932 6.000% 3/01/37	2007-05-30	2012-01-25
	10000. ONEOK PARTNERS 6.150% 10/01/16	2008-03-11	2012-01-25
	324. ABB LTD SPON ADR	2009-12-28	2012-01-30
	324. ABB LTD SPON ADR	2010-02-16	2012-01-31
	24. SCHLUMBERGER LTD.	2011-06-23	2012-02-07
	37. EXPRESS SCRIPTS INC-CL A	2011-04-05	2012-02-13
	18. EXPRESS SCRIPTS INC-CL A	2011-04-05	2012-02-13
	29. FOSSIL INC	2011-09-21	2012-02-13
	20. FOSSIL INC	2011-09-21	2012-02-14
	1257.862 BROWN ADV SMALL CAP FND XXX-XX-XXXX	2011-07-06	2012-02-14
	1339.29 F H L M C GD G11649 4.500% 2/01/20	2005-02-15	2012-02-15
	267.68 F H L M C #1B0889 2.393% 5/01/33	2005-04-14	2012-02-15
	144.86 F N M A #909932 6.000% 3/01/37	2007-05-30	2012-02-25
	3. COACH INC	2010-01-27	2012-03-12
	3. FOSSIL INC	2011-08-25	2012-03-12
	1. MASTERCARD INC	2010-01-27	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.	2009-07-15	2012-03-13
	11. COACH INC	2010-01-27	2012-03-13
	9. FOSSIL INC	2011-08-25	2012-03-13
	5. FOSSIL INC	2011-08-25	2012-03-13
	2. MASTERCARD INC	2010-01-27	2012-03-13
	10. MEAD JOHNSON NUTRITION CO	2012-01-31	2012-03-13
	5. SALESFORCE COM INC	2011-09-22	2012-03-13
	2. APPLE COMPUTER INC.	2009-07-15	2012-03-14
	11. COACH INC	2010-01-27	2012-03-14
	13. FOSSIL INC	2011-09-22	2012-03-14
	2. MASTERCARD INC	2010-01-27	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.	2009-07-15	2012-03-15
	8. COACH INC	2010-01-27	2012-03-15
	1290.75 F H L M C GD G11649 4.500% 2/01/20	2005-02-15	2012-03-15
	234.75 F H L M C #1B0889 2.393% 5/01/33	2005-04-14	2012-03-15
	2. FOSSIL INC	2011-09-22	2012-03-15
	7. FOSSIL INC	2011-09-22	2012-03-15
	2. MASTERCARD INC	2010-01-27	2012-03-15
	8. MEAD JOHNSON NUTRITION CO	2012-01-30	2012-03-15
	4. SALESFORCE COM INC	2011-09-22	2012-03-15
	3. APPLE COMPUTER INC.	2009-07-15	2012-03-16
	23. COACH INC	2010-01-27	2012-03-16
	30. FOSSIL INC	2011-11-09	2012-03-16
	5. MASTERCARD INC	2010-01-27	2012-03-16
	18. MEAD JOHNSON NUTRITION CO	2012-01-30	2012-03-16
	2. MEAD JOHNSON NUTRITION CO	2012-01-19	2012-03-16
	12. SALESFORCE COM INC	2012-01-31	2012-03-16
	3166.35 F N M A #909932 6.000% 3/01/37	2007-05-30	2012-03-25
	4280.576 BROWN ADV SMALL CAP XXX-XX-XXXX	2011-12-08	2012-03-29
	719.424 BROWN ADV SMALL CAP XXX-XX-XXXX	2003-06-13	2012-03-29
	20. ROPER INDUSTRIES INC NEW	2009-08-28	2012-03-29
	21. ROPER INDUSTRIES INC NEW	2009-08-28	2012-03-30
	3. APPLE COMPUTER INC.	2009-07-15	2012-04-11
	29. QUALCOMM CORP.	2009-11-05	2012-04-11
	1137.54 F H L M C GD G11649 4.500% 2/01/20	2005-02-15	2012-04-15
	264.14 F H L M C #1B0889 2.393% 5/01/33	2005-04-14	2012-04-15
	1. INTUITIVE SURGICAL INC	2010-01-27	2012-04-23
	28414.38 F N M A #909932 6.000% 3/01/37	2007-05-30	2012-04-24
	2. INTUITIVE SURGICAL INC	2010-01-27	2012-04-24
	1657.07 F N M A #909932 6.000% 3/01/37	2007-05-30	2012-04-25
	3. INTUITIVE SURGICAL INC	2010-01-27	2012-05-03
	10. SALESFORCE COM INC	2012-01-31	2012-05-03
	4. INTUITIVE SURGICAL INC	2010-07-22	2012-05-04
	10. SALESFORCE COM INC	2012-01-30	2012-05-04
	4. AMPHENOL CORP - CL A	2011-10-28	2012-05-07
	25. AMPHENOL CORP - CL A	2011-10-28	2012-05-07
	7. MASTERCARD INC	2010-01-27	2012-05-07
	9. AMPHENOL CORP - CL A	2010-04-21	2012-05-08
	17. AMPHENOL CORP - CL A	2011-10-28	2012-05-08
	5. AMPHENOL CORP - CL A	2010-04-21	2012-05-10
	3. AMPHENOL CORP - CL A	2010-04-21	2012-05-10
	25. AMPHENOL CORP - CL A	2010-04-20	2012-05-10
	3. DAVITA INC	2011-03-01	2012-05-10
	17. DAVITA INC	2011-03-01	2012-05-10
	53. EXPRESS SCRIPTS HLDGS C	2011-04-05	2012-05-10
	5. SALESFORCE COM INC	2012-01-30	2012-05-10
	20. AMPHENOL CORP - CL A	2010-04-20	2012-05-11
	8. DAVITA INC	2011-10-21	2012-05-11
	4. DAVITA INC	2011-02-28	2012-05-11
	2. SALESFORCE COM INC	2011-11-21	2012-05-11
	1307.25 F H L M C GD G11649 4.500% 2/01/20	2005-02-15	2012-05-15
	235.88 F H L M C #1B0889 2.393% 5/01/33	2005-04-14	2012-05-15
	159.72 F N M A #909932 6.000% 3/01/37	2007-05-30	2012-05-25
	11. 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
	13. MEAD JOHNSON NUTRITION CO	2012-01-20	2012-06-08
	1364.71 F H L M C GD G11649 4.500% 2/01/20	2005-02-15	2012-06-15
	289.97 F H L M C #1B0889 2.393% 5/01/33	2005-04-14	2012-06-15
	10000. BROWN ADV TACTICAL BOND XXX-XX-XXXX	2011-10-03	2012-06-25
	1837.698 BROWN ADVISORY INTERMED XXX-XX-XXXX	2011-12-08	2012-06-25
	20130.668 BROWN ADVISORY INTERMED XXX-XX-XXXX	2011-04-08	2012-06-25
	2463.438 BROWN ADV SMALL CAP FND XXX-XX-XXXX	2011-07-06	2012-06-25
	4203.229 BROWN ADV SMALL CAP FND XXX-XX-XXXX	2011-01-05	2012-06-25
	26. COSTCO WHOLESALE CORPORATION	2009-08-25	2012-06-29
	6. COSTCO WHOLESALE CORPORATION	2009-08-25	2012-07-02
	18. COSTCO WHOLESALE CORPORATION	2009-08-25	2012-07-02
	1244.12 F H L M C GD G11649 4.500% 2/01/20	2005-02-15	2012-07-15
	238.44 F H L M C #1B0889 2.393% 5/01/33	2005-04-14	2012-07-15
	3. STERICYCLE INC	2012-02-14	2012-07-16
	1. STERICYCLE INC	2012-02-14	2012-07-16
	11. STERICYCLE INC	2012-02-14	2012-07-17
	5. STERICYCLE INC	2012-02-14	2012-07-17
	24. STERICYCLE INC	2012-02-13	2012-07-18
	1. STERICYCLE INC	2012-01-30	2012-07-18
	3. APPLE COMPUTER INC.	2009-07-15	2012-07-19
	3. DAVITA INC	2011-10-21	2012-07-20
	2. DAVITA INC	2011-10-21	2012-07-20
	33. 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
	8. 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
	25. 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
	13. ANSYS INC	2011-03-16	2012-08-08
	11. ANSYS INC	2012-05-03	2012-08-08
	14. ANSYS INC	2011-03-16	2012-08-09
	21. DANAHER CORP	2012-03-30	2012-08-14
	7. FOSSIL INC	2011-11-09	2012-08-14
	52. DANAHER CORP	2012-03-29	2012-08-15
	1390.42 F H L M C GD G11649 4.500% 2/01/20	2005-02-15	2012-08-15
	265.75 F H L M C #1B0889 2.393% 5/01/33	2005-04-14	2012-08-15
	29. FOSSIL INC	2011-11-09	2012-08-15
	50000. U S TREASURY NT 2.000% 4/30/16	2011-05-23	2012-09-04
	25000. U S TREASURY NT 3.125% 5/15/21	2011-05-23	2012-09-04
	1267.14 F H L M C GD G11649 4.500% 2/01/20	2005-02-15	2012-09-15
	293.99 F H L M C #1B0889 2.393% 5/01/33	2005-04-14	2012-09-15
	4. APPLE COMPUTER INC.	2009-07-15	2012-09-21
	3. GOOGLE INC CL A	2012-01-31	2012-09-21
	2. GOOGLE INC CL A	2010-04-26	2012-09-21
	4. NATIONAL INSTRS CORP	2011-05-03	2012-09-21
	5. ANSYS INC	2011-03-15	2012-09-24
	5. ANSYS INC	2010-10-13	2012-09-24
	1. ANSYS INC	2010-10-13	2012-09-24
	12. NATIONAL INSTRS CORP	2011-05-03	2012-09-24
	1. NATIONAL INSTRS CORP	2011-05-03	2012-09-24
	19. ANSYS INC	2010-10-13	2012-09-25
	11. NATIONAL INSTRS CORP	2011-05-03	2012-09-25
	7. ANSYS INC	2010-10-13	2012-09-26
	10. NATIONAL INSTRS CORP	2011-05-03	2012-09-26
	9. ANSYS INC	2010-10-13	2012-09-27
	23. 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
	34. CANADIAN NATURAL RESOURCES LTD	2011-06-23	2012-10-03
	5. NATIONAL INSTRS CORP	2011-04-29	2012-10-03
	31. CANADIAN NATURAL RESOURCES LTD	2011-06-23	2012-10-04
	6. NATIONAL INSTRS CORP	2011-04-29	2012-10-04
	43. CANADIAN NATURAL RESOURCES LTD	2012-02-07	2012-10-05
	1. CANADIAN NATURAL RESOURCES LTD	2011-06-23	2012-10-05
	16. NATIONAL INSTRS CORP	2011-04-29	2012-10-05
	28. CANADIAN NATURAL RESOURCES LTD	2012-05-03	2012-10-08
	4. 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
	434.783 BROWN ADVISORY INTERMED XXX-XX-XXXX	2011-04-08	2012-10-11
	16. DAVITA INC	2011-10-06	2012-10-12
	1300.514 AMERICAN EUROPACIFIC GRTH F2	2011-10-24	2012-10-12
	1653.852 SCOUT INTERNATIONAL FUND	2011-10-24	2012-10-12
	2. DAVITA INC	2010-01-27	2012-10-15
	16. DAVITA INC	2011-10-06	2012-10-15
	1132.97 F H L M C GD G11649 4.500% 2/01/20	2005-02-15	2012-10-15
	246.19 F H L M C #1B0889 2.393% 5/01/33	2005-04-14	2012-10-15
	32. AMPHENOL CORP - CL A	2010-04-20	2012-10-22
	20. ANSYS INC	2010-10-13	2012-10-22
	1. APPLE COMPUTER INC.	2012-10-15	2012-10-22
	4. APPLE COMPUTER INC.	2012-10-15	2012-10-22
	2835.409 BROWN ADVISORY SMALL CAP GROWTH INV	2003-06-13	2012-10-22
	48. CANADIAN NATURAL RESOURCES LTD	2012-05-03	2012-10-22
	20. CITRIX SYSTEMS INC	2010-01-27	2012-10-22
	46. COACH INC	2012-06-08	2012-10-22
	31. COGNIZANT TECH SOLUTIONS CRP COM	2012-05-10	2012-10-22
	20. COSTCO WHOLESALE CORPORATION	2009-08-25	2012-10-22
	29. COVANCE INC	2009-10-22	2012-10-22
	39. DANAHER CORP	2012-01-30	2012-10-22
	18. DAVITA INC	2010-01-27	2012-10-22
	46. EXPRESS SCRIPTS HLDGS C	2011-03-02	2012-10-22
	47. FMC TECHNOLOGIES INC	2012-05-10	2012-10-22
	40. FLUOR CORP NEW COM	2011-03-04	2012-10-22
	20. FOSSIL INC	2011-08-24	2012-10-22
	1. GOOGLE INC CL A	2010-04-26	2012-10-22
	4. GOOGLE INC CL A	2011-04-15	2012-10-22
	20. IDEXX LABORATORIES CORP	2010-01-27	2012-10-22
	4. INTUITIVE SURGICAL INC	2012-08-15	2012-10-22
	36. ESTEE LAUDER COMPANIES CL A	2012-03-15	2012-10-22
	5. MASTERCARD INC	2012-09-24	2012-10-22
	29. MEAD JOHNSON NUTRITION CO	2012-07-18	2012-10-22
	10.99987 NETAPP INC	2011-02-17	2012-10-22
	45.00013 NETAPP INC	2011-07-14	2012-10-22
	38. QUALCOMM CORP.	2009-11-05	2012-10-22
	20. ROPER INDUSTRIES INC NEW	2009-08-28	2012-10-22
	13. SALESFORCE COM INC	2012-08-06	2012-10-22
	2. SCHLUMBERGER LTD.	2011-06-23	2012-10-22
	29. SCHLUMBERGER LTD.	2011-10-31	2012-10-22
	132. CHARLES SCHWAB CORP.	2011-04-05	2012-10-22
	13. STERICYCLE INC	2012-01-30	2012-10-22
	12. STERICYCLE INC	2011-08-03	2012-10-22
	33. ACCENTURE PLC CL A	2012-02-14	2012-10-22
	71. GENPACT LIMITED	2010-10-19	2012-10-22
	17. CORE LABORATORIES N V	2011-09-16	2012-10-22
	14. COACH INC	2012-06-07	2012-10-24
	19. COSTCO WHOLESALE CORPORATION	2009-08-25	2012-10-24
	10. DAVITA INC	2010-01-27	2012-10-24
	3. FOSSIL INC	2011-08-24	2012-10-24
	3. IDEXX LABORATORIES CORP	2010-01-27	2012-10-24
	10. ESTEE LAUDER COMPANIES CL A	2012-03-15	2012-10-24
	10. ACCENTURE PLC CL A	2012-02-14	2012-10-24
	30. COACH INC	2012-08-07	2012-10-25
	18. COSTCO WHOLESALE CORPORATION	2009-08-25	2012-10-25
	9. DAVITA INC	2010-01-27	2012-10-25
	11. FOSSIL INC	2011-08-24	2012-10-25
	3. IDEXX LABORATORIES CORP	2010-01-27	2012-10-25
	9. ESTEE LAUDER COMPANIES CL A	2012-03-15	2012-10-25
	42. ACCENTURE PLC CL A	2010-01-27	2012-10-25
	2. ACCENTURE PLC CL A	2012-02-14	2012-10-25
	27. COACH INC	2012-08-07	2012-10-26
	6. DAVITA INC	2010-01-27	2012-10-26
	5.99889 FOSSIL INC	2011-08-24	2012-10-26
	4.00111 FOSSIL INC	2011-08-24	2012-10-26
	5. IDEXX LABORATORIES CORP	2010-01-27	2012-10-26
	36. ESTEE LAUDER COMPANIES CL A	2012-03-16	2012-10-26
	9. ESTEE LAUDER COMPANIES CL A	2012-03-16	2012-10-26
	10. COACH INC	2012-09-21	2012-10-31
	19. DAVITA INC	2010-01-27	2012-10-31
	17. FOSSIL INC	2011-08-24	2012-10-31
	1. IDEXX LABORATORIES CORP	2010-01-27	2012-10-31
	7. DAVITA INC	2010-01-27	2012-11-01
	10. FOSSIL INC	2011-08-24	2012-11-01
	9. IDEXX LABORATORIES CORP	2010-01-27	2012-11-01
	2. IDEXX LABORATORIES CORP	2010-01-27	2012-11-02
	2. NATIONAL INSTRS CORP	2011-04-29	2012-11-02
	3. IDEXX LABORATORIES CORP	2010-01-27	2012-11-05
	18. AMPHENOL CORP - CL A	2010-04-20	2012-11-06
	8. IDEXX LABORATORIES CORP	2010-01-27	2012-11-06
	2. IDEXX LABORATORIES CORP	2010-01-27	2012-11-06
	6. NATIONAL INSTRS CORP	2011-04-29	2012-11-06
	5. STERICYCLE INC	2011-08-03	2012-11-06
	14. AMPHENOL CORP - CL A	2010-04-20	2012-11-07
	4. IDEXX LABORATORIES CORP	2010-01-27	2012-11-07
	10. STERICYCLE INC	2011-08-03	2012-11-07
	2. AMPHENOL CORP - CL A	2010-04-20	2012-11-08
	10. AMPHENOL CORP - CL A	2011-10-21	2012-11-08
	7. IDEXX LABORATORIES CORP	2010-01-27	2012-11-08
	8. STERICYCLE INC	2011-08-03	2012-11-08
	10. STERICYCLE INC	2012-01-10	2012-11-08
	6. IDEXX LABORATORIES CORP	2010-01-27	2012-11-09
	1344.2 F H L M C GD G11649 4.500% 2/01/20	2005-02-15	2012-11-15
	187.6 F H L M C #1B0889 2.393% 5/01/33	2005-04-14	2012-11-15
	2306.071 LAUDUS MONDRIAN EMG MKT INS	2010-01-29	2012-11-15
	2276.542 LAUDUS MONDRIAN EMG MKT INS	2010-01-29	2012-11-16
	2286.429 LAUDUS MONDRIAN EMG MKT INS	2010-01-29	2012-11-19
	2280.014 LAUDUS MONDRIAN EMG MKT INS	2010-01-29	2012-11-20
	2398.288 LAUDUS MONDRIAN EMG MKT INS	2010-01-29	2012-11-21
	92.578 LAUDUS MONDRIAN EMG MKT INS	2011-12-15	2012-11-21
	3. NATIONAL INSTRS CORP	2011-04-29	2012-11-23
	1. CANADIAN NATURAL RESOURCES LTD	2012-03-30	2012-11-26
	67. CANADIAN NATURAL RESOURCES LTD	2010-01-27	2012-11-26
	10. NATIONAL INSTRS CORP	2011-04-29	2012-11-26
	104. CANADIAN NATURAL RESOURCES LTD	2010-01-27	2012-11-27
	18. NATIONAL INSTRS CORP	2011-04-29	2012-11-27
	6. SALESFORCE COM INC	2012-08-06	2012-11-27
	23. SALESFORCE COM INC	2011-11-21	2012-11-27
	82. CANADIAN NATURAL RESOURCES LTD	2010-01-27	2012-11-28
	16. NATIONAL INSTRS CORP	2011-04-29	2012-11-28
	68. CANADIAN NATURAL RESOURCES LTD	2010-01-27	2012-11-29
	3. NATIONAL INSTRS CORP	2011-04-29	2012-11-29
	56. CANADIAN NATURAL RESOURCES LTD	2010-01-27	2012-11-30
	131. CANADIAN NATURAL RESOURCES LTD	2010-01-27	2012-12-03
	102. CANADIAN NATURAL RESOURCES LTD	2010-01-27	2012-12-04
	15. CANADIAN NATURAL RESOURCES LTD	2012-03-29	2012-12-04
	56. CANADIAN NATURAL RESOURCES LTD	2012-05-04	2012-12-05
	9367.681 BROWN ADVISORY VALUE EQUITY INV	2010-01-27	2012-12-14
	1157.75 F H L M C GD G11649 4.500% 2/01/20	2005-02-15	2012-12-15
	298.6 F H L M C #1B0889 2.393% 5/01/33	2005-04-14	2012-12-15
	6. SALESFORCE COM INC	2011-11-21	2012-12-17
	21. SALESFORCE COM INC	2011-12-22	2012-12-17
	21. ROPER INDUSTRIES INC NEW	2009-08-28	2012-12-19
	4. STERICYCLE INC	2011-08-03	2012-12-19
	17. STERICYCLE INC	2012-01-10	2012-12-19
	2313.03 BROWN ADVISORY VALUE EQUITY INV	2010-01-27	2012-12-27

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	268,073	263,775	4,298
b	931	675	256
c	1,357	1,013	344
d	1,870	1,613	257
e	1,350	996	354
	1,879	1,607	272
	27,858	26,333	1,525
	586	743	-157
	45	57	-12
	397	515	-118
	698	915	-217
	1,325	1,323	2
	222	222
	89	114	-25
	714	915	-201
	2,147	1,591	556
	1,165	861	304
	65	35	30
	1,282	700	582
	49	49
	11,580	10,063	1,517
	6,664	6,210	454
	6,738	6,088	650
	1,893	1,988	-95
	1,846	2,112	-266
	896	1,027	-131
	2,971	2,853	118
	2,364	1,913	451
	20,000	21,799	-1,799
	1,339	1,338	1
	268	268
	145	145
	231	105	126
	383	279	104
	419	253	166
	160	148	12
	147	117	30
	561	145	416
	855	385	470
	1,150	838	312
	648	465	183
	841	506	335
	801	742	59
	750	585	165
	1,168	290	878
	865	385	480
	1,663	1,210	453
	843	506	337
	722	668	54
	754	585	169
	588	145	443
	622	280	342
	1,291	1,289	2
	235	235
	255	186	69
	888	649	239
	839	506	333
	637	591	46
	611	468	143
	1,755	435	1,320
	1,798	805	993
	3,762	2,775	987
	2,101	1,266	835
	1,436	1,328	108
	160	147	13
	1,816	1,402	414
	3,166	3,172	-6
	64,209	57,509	6,700
	10,791	5,647	5,144
	1,974	974	1,000
	2,084	1,023	1,061
	1,879	435	1,444
	1,926	1,257	669
	1,138	1,136	2
	264	264
	567	321	246
	31,425	28,465	2,960
	1,123	641	482
	1,657	1,660	-3
	1,735	962	773
	1,584	1,165	419
	2,268	1,275	993
	1,535	1,157	378
	220	196	24
	1,373	1,226	147
	3,071	1,773	1,298
	487	425	62
	920	834	86
	273	236	37
	163	142	21
	1,360	1,174	186
	255	240	15
	1,434	1,350	84
	2,856	3,018	-162
	720	560	160
	1,086	939	147
	663	553	110
	332	317	15
	280	219	61
	1,307	1,306	1
	236	236
	160	160
	934	761	173
	1,056	956	100
	850	690	160
	1,049	955	94
	1,365	1,363	2
	290	290
	96,400	100,000	-3,600
	20,913	20,656	257
	229,087	224,054	5,033
	36,952	42,691	-5,739
	63,048	64,057	-1,009
	2,464	1,290	1,174
	568	298	270
	1,700	893	807
	1,244	1,243	1
	238	238
	279	262	17
	93	87	6
	1,023	960	63
	464	431	33
	2,235	2,022	213
	93	83	10
	1,839	435	1,404
	292	205	87
	195	137	58
	1,896	1,868	28
	667	466	201
	96	64	32
	473	321	152
	541	497	44
	339	310	29
	3,235	3,030	205
	1,695	1,549	146
	476	432	44
	201	185	16
	865	673	192
	732	678	54
	937	720	217
	1,123	1,168	-45
	593	644	-51
	2,782	2,778	4
	1,390	1,389	1
	266	266
	2,509	2,648	-139
	52,912	50,440	2,472
	28,680	25,041	3,639
	1,267	1,266	1
	294	294
	2,807	580	2,227
	2,197	1,733	464
	1,465	1,067	398
	106	121	-15
	367	256	111
	367	227	140
	74	45	29
	313	363	-50
	26	30	-4
	1,387	861	526
	285	333	-48
	503	317	186
	255	302	-47
	650	408	242
	587	695	-108
	51	60	-9
	505	603	-98
	325	392	-67
	75	90	-15
	1,039	1,348	-309
	123	151	-28
	961	1,229	-268
	148	181	-33
	1,330	1,663	-333
	31	40	-9
	395	482	-87
	858	962	-104
	98	121	-23
	169	211	-42
	189	241	-52
	5,000	4,839	161
	1,764	1,027	737
	51,526	48,561	2,965
	52,096	48,640	3,456
	218	121	97
	1,748	1,016	732
	1,133	1,132	1
	246	246
	1,978	1,502	476
	1,374	906	468
	623	632	-9
	2,492	2,525	-33
	41,000	21,919	19,081
	1,491	1,593	-102
	1,278	834	444
	2,496	2,901	-405
	2,155	2,026	129
	1,894	992	902
	1,424	1,658	-234
	2,073	2,011	62
	2,007	1,090	917
	2,893	2,604	289
	2,075	2,231	-156
	2,266	2,838	-572
	1,790	1,820	-30
	675	533	142
	2,701	2,132	569
	1,943	1,135	808
	2,196	2,063	133
	2,254	2,287	-33
	2,330	2,275	55
	2,004	2,136	-132
	329	584	-255
	1,347	2,383	-1,036
	2,218	1,648	570
	2,152	974	1,178
	1,916	1,729	187
	147	166	-19
	2,127	2,148	-21
	1,756	2,462	-706
	1,197	1,076	121
	1,105	976	129
	2,229	1,893	336
	1,247	1,218	29
	1,788	1,809	-21
	804	870	-66
	1,819	943	876
	1,110	605	505
	265	273	-8
	289	170	119
	621	633	-12
	668	574	94
	1,707	1,794	-87
	1,728	893	835
	1,002	545	457
	967	1,001	-34
	290	170	120
	551	570	-19
	2,807	1,755	1,052
	134	115	19
	1,514	1,532	-18
	666	363	303
	524	546	-22
	350	364	-14
	480	284	196
	2,193	2,278	-85
	549	569	-20
	558	567	-9
	2,132	1,150	982
	1,481	1,539	-58
	97	57	40
	786	424	362
	919	905	14
	862	511	351
	191	113	78
	49	60	-11
	282	170	112
	1,119	845	274
	752	454	298
	188	113	75
	149	181	-32
	475	407	68
	859	657	202
	371	227	144
	938	814	124
	121	94	27
	603	448	155
	635	397	238
	741	651	90
	927	798	129
	539	340	199
	1,344	1,343	1
	188	187	1
	21,124	20,990	134
	20,899	20,717	182
	21,172	20,807	365
	21,022	20,748	274
	22,208	21,824	384
	857	752	105
	74	90	-16
	28	33	-5
	1,907	2,177	-270
	246	301	-55
	2,925	3,380	-455
	441	542	-101
	945	797	148
	3,623	2,504	1,119
	2,291	2,665	-374
	392	482	-90
	1,957	2,210	-253
	73	90	-17
	1,603	1,820	-217
	3,719	4,257	-538
	2,833	3,315	-482
	417	487	-70
	1,561	1,797	-236
	120,000	99,485	20,515
	1,158	1,156	2
	299	298	1
	1,011	511	500
	3,539	2,095	1,444
	2,315	1,023	1,292
	371	316	55
	1,577	1,345	232
	30,000	24,564	5,436

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			4,298
b			256
c			344
d			257
e			354
			272
			1,525
			-157
			-12
			-118
			-217
			2

			-25
			-201
			556
			304
			30
			582

			1,517
			454
			650
			-95
			-266
			-131
			118
			451
			-1,799
			1


			126
			104
			166
			12
			30
			416
			470
			312
			183
			335
			59
			165
			878
			480
			453
			337
			54
			169
			443
			342
			2

			69
			239
			333
			46
			143
			1,320
			993
			987
			835
			108
			13
			414
			-6
			6,700
			5,144
			1,000
			1,061
			1,444
			669
			2

			246
			2,960
			482
			-3
			773
			419
			993
			378
			24
			147
			1,298
			62
			86
			37
			21
			186
			15
			84
			-162
			160
			147
			110
			15
			61
			1


			173
			100
			160
			94
			2

			-3,600
			257
			5,033
			-5,739
			-1,009
			1,174
			270
			807
			1

			17
			6
			63
			33
			213
			10
			1,404
			87
			58
			28
			201
			32
			152
			44
			29
			205
			146
			44
			16
			192
			54
			217
			-45
			-51
			4
			1

			-139
			2,472
			3,639
			1

			2,227
			464
			398
			-15
			111
			140
			29
			-50
			-4
			526
			-48
			186
			-47
			242
			-108
			-9
			-98
			-67
			-15
			-309
			-28
			-268
			-33
			-333
			-9
			-87
			-104
			-23
			-42
			-52
			161
			737
			2,965
			3,456
			97
			732
			1

			476
			468
			-9
			-33
			19,081
			-102
			444
			-405
			129
			902
			-234
			62
			917
			289
			-156
			-572
			-30
			142
			569
			808
			133
			-33
			55
			-132
			-255
			-1,036
			570
			1,178
			187
			-19
			-21
			-706
			121
			129
			336
			29
			-21
			-66
			876
			505
			-8
			119
			-12
			94
			-87
			835
			457
			-34
			120
			-19
			1,052
			19
			-18
			303
			-22
			-14
			196
			-85
			-20
			-9
			982
			-58
			40
			362
			14
			351
			78
			-11
			112
			274
			298
			75
			-32
			68
			202
			144
			124
			27
			155
			238
			90
			129
			199
			1
			1
			134
			182
			365
			274
			384
			105
			-16
			-5
			-270
			-55
			-455
			-101
			148
			1,119
			-374
			-90
			-253
			-17
			-217
			-538
			-482
			-70
			-236
			20,515
			2
			1
			500
			1,444
			1,292
			55
			232
			5,436

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	166,715
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	135,900	6,177,227	0.022
2010	262,392	5,616,912	0.046715
2009	228,938	4,884,824	0.046867
2008	227,932	5,518,229	0.041305
2007	11,821	357,831	0.033035

2	Total of line 1, column (d) ......................	2	0.189922
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	0.037984
4	Enter the net value of noncharitable-use assets for 2012 from Part X, line 5.....	4	6,166,304
5	Multiply line 4 by line 3.......................	5	234,221
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	2,027
7	Add lines 5 and 6.........................	7	236,248
8	Enter qualifying distributions from Part XII, line 4..............	8	291,000
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	2,027
	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	2,027
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	2,027
6	Credits/Payments:

a	2012 estimated tax payments and 2011 overpayment credited to 2012	6a	952
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c	2,429
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	3,381
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	19
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	1,335
11	Enter the amount of line 10 to be: Credited to 2013 estimated tax1,335	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

BROWN ADVISORY Telephone no. bullet

(410) 537-5458

Located at bullet

901 S BOND STREET SUITE 400BALTIMOREMD ZIP+4 bullet

21231

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
CONSTANCE F FERRIS	PRESIDENT/DIRECTOR 0	0
22738 COLONEL LEONARD ROAD ROCK HALL,MD21661	PRESIDENT/DIRECTOR 0	0
CONSTANCE F MEYER	DIRECTOR 0	0
16 JAMES THOMAS ROAD MALVERN,PA19355	DIRECTOR 0	0
PAUL R ALFORD	VICE PRESIDENT 0	0
2780 SOUTH HORSESHOE DRIVE SUITE 1 NAPLES,FL34104	VICE PRESIDENT 0	0
JOHN C POULTON	TREASURER 0	0
901 SOUTH BOND STREET SUITE 400 BALTIMORE,MD21231	TREASURER 0	0

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

5,673,528

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

586,679

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

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

6,260,207

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

6,260,207

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

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

93,903

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

6,166,304

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

308,315

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

308,315

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

2,027

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

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

2,027

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

306,288

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

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

306,288

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

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

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

306,288

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 ..........

291,000

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

291,000

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

2,027

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

288,973

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					306,288
2 Undistributed income, if any, as of the end of 2012:
a Enter amount for 2011 only.......				224,684
b Total for prior years:2010, 20, 20			0
3 Excess distributions carryover, if any, to 2012:
a From 2007.......	0
b From 2008.......	0
c From 2009.......	0
d From 2010.......	0
e From 2011.......	0
fTotal of lines 3a through e.........		0
4Qualifying distributions for 2012 from Part
XII, line 4: $ 291,000
a Applied to 2011, but not more than line 2a				224,684
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.....					66,316
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2012.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2011. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2012. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2013 ..........					239,972
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see instructions) .............		0
8Excess distributions carryover from 2007 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2013. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2008....	0
b Excess from 2009....	0
c Excess from 2010....	0
d Excess from 2011....	0
e Excess from 2012....	0

Form 990-PF (2012)

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 or e-mail of the person to whom applications should be addressed:

CONSTANCE CARL FERRIS CHARITABLE
901 SOUTH BOND STREET SUITE 400
BALTIMORE,MD21231
(410) 537-5458

bThe form in which applications should be submitted and information and materials they should include:

MUST SUBMIT A WRITTEN APPLICATION TO THE CHARITABLE OPERATING FOUNDATION FOR CONSIDERATION

cAny submission deadlines:

THERE ARE NO SUBMISSION DEADLINES

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

THERE ARE NO RESTRICTIONS OR LIMITATIONS ON AWARDS

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
ST PAUL' S PARISH KENT 7579 SANDY BOTTOM ROAD CHESTERTOWN,MD21620	NONE	PUBLIC CHARITY	VARIOUS PROGRAMS AND DISCR	10,000
THE COMMUNITY FOOD PANTRY PO BOX 262 CHESTERTOWN,MD21620	NONE	PUBLIC CHARITY	FOR GENERAL FUND	30,000
CHESTER RIVER HEALTH FOUNDATION 100 BROWN STREET CHESTERTOWN,MD21620	NONE	PUBLIC CHARITY	MAMMOGRAPHY EQUIPMENT	25,000
CORNELL UNIVERSITY PO BOX 752 ITHACA,NY14851	NONE	SUPPORT	COLLEGE OF HUMAN ECOLOGY	25,000
OGH FOUNDATION 515 MAIN STREET OLEAN,NY14760	NONE	PUBLIC CHARITY	OUTPATIENT SURGERY CENTER	25,000
WASHINGTON COLLEGE 300 WASHINGTON AVE CHESTERTOWN,MD21620	NONE	PUBLIC CHARITY	FERRIS PROGRAM IN INT'L	50,000
CORNELL UNIVERSITY PO BOX 752 ITHACA,NY14853	NONE	SUPPORT	COLLEGE OF ENGINEERING	25,000
REBUILDING TOGETHER KENT PO BOX 180 CHESTERTOWN,MD216200180	NONE	PUBLIC CHARITY	FOR GENERAL FUND	6,000
UNIVERSITY OF MD COLLEGE PARK 8400 BALTIMORE BOULEVARD STE 200 COLLEGE PARK,MD20740	NONE	SCHOLARSHIP FUND	SCHOLARSHIP AWARD FOR SARAH	5,000
WESLEY CHAPEL 6190 ROCK HALL ROAD ROCK HALL,MD21661	NONE	PUBLIC CHARITY	CRISIS FUND	10,000
UNIVERSITY OF MARYLAND COLLEGE PARK 8400 BALTIMORE BOULEVARD STE 200 COLLEGE PARK,MD20740	NONE	SCHOLARSHIP FUND	SCHOLARSHIP AWARD FOR	5,000
CHESAPEAKE COLLEGE PO BOX 8 WYE MILLS,MD21679	NONE	SCHOLARSHIP FUND	SCHOLARSHIP FOR JULIA ANN	5,000
FROSTBURG STATE UNIVERSITY 101 BRADDOCK ROAD FROSTBURG,MD21532	NONE	SCHOLARSHIP FUND	SCHOLARSHIP GRANT TO JOHN	5,000
MCDANIEL COLLEGE 2 COLLEGE HILL WESTMINSTER,MD21157	NONE	SCHOLARSHIP FUND	SCHOLARSHIP AWARD FOR	5,000
ADVENTURES IN MISSION PO BOX 534470 ATLANTA,GA303534470	NONE		PATRICIA LYNN REED APPEAL	5,000
FOX CHASE CANCER CENTER 2365 HERITAGE CENTER DRIVE FURLONG,PA18925	NONE	PUBLIC CHARITY	INFLAMMATORY BREAST CANCER	50,000
WASHINGTON COLLEGE 300 WASHINGTON AVENUE CHESTERTOWN,MD21620	NONE	SCHOLARSHIP FUND	SHLARSHIP AWARD FOR ERICA	5,000
Total ................................. 3a				291,000

bApproved for future payment
WASHINGTON COLLEGE 300 WASHINGTON AVE CHESTERTOWN,MD21620	NONE	PUBLIC CHARITY	FERRIS PROGRAM IN INTL	450,000
Total ................................. 3b				450,000

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	53,773
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	166,715
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)..				220,488

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

13220,488

(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.)
4	THE CONSTANCE AND CARL FERRIS CHARITABLE OPERATING
4	FOUNDATION, INC. ( THE FOUNDATION) WAS FORMED IN THE FALL
4	OF 2006. ON DECEMBER 29, 2006 CARL AND CONSTANCE FERRIS
4	MADE THEIR FIRST CONTRIBUTION TO THE FOUNDATION. BECAUSE
4	THE FOUNDATION ONLY RECEIVED THIS CONTRIBUTION LATE IN THE
4	YEAR, IT DID NOT HAVE ANY ASSETS TO MAKE ANY GRANT
4	PAYMENTS. HOWEVER, IN 2007 THE FOUNDATION AWARDED ITS FIRST
4	TWO GRANTS EACH TO TWO HIGH SCHOOL GRADUATES OF KENT
4	COUNTY HIGH SCHOOL, IN ACCORDANCE WITH THE GRANT
4	PROCEDURES ATTACHED. AS A RESULT OF THE GRANTS MADE IN
4	2007, THE FOUNDATION SATISFIED THE APPLICABLE TESTS TO
4	QUALIFY AS A PRIVATE OPERATING FOUNDATION IN 2007.
4	IN 2008, THE FOUNDATION MADE A TOTAL OF FOUR GRANTS TO HIGH
4	SCHOOL GRADUATES OF KENT COUNTY HIGH SCHOOL, IN ACCORDANCE
4	WITH THE GRANT PROCEDURES ATTACHED. THE VALUE OF THE
4	FOUNDATION'S ASSETS, HOWEVER WAS CONSIDERABLY HIGHER IN
4	2008 SO THAT THE AMOUNT OF QUALIFIED GRANTS WAS NOT
4	SUFFICIENT TO RETAIN THE PRIVATE OPERATING FOUNDATION
4	STATUS IN 2008 FOR THE FOUNDATION.

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

Name of Bond	End of Year Book Value	End of Year Fair Market Value
FIXED INCOME MUTUAL FDS	819,786	841,877
CORPORATE BONDS

Name of Stock	End of Year Book Value	End of Year Fair Market Value
EQUITY MUTUAL FUNDS	2,366,439	2,824,583
FOREIGN STOCK	73,702	99,541
PRIVATE EQUITY	861,696	869,769
CDK GLOBAL SELECT	500,000	510,052
COMMON STOCKS	608,146	832,165

Description	Amount
CASH FLOW NOT IN BASIS OF PRIVATE EQUITY	16,838
ACCRUED INT AND AMORT ATTRIBUTED TO 2013	194

Description	Amount
ADJUST BASIS ON US TIPS	426
MEDICITY ESCROW	30,095

Category	Amount	Net Investment Income
FOREIGN TAXES	85	85
FEDERAL EXCISE TAX	3,435	0
FOREIGN TAXES ON QUALIFIED FOR	219	219