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
VIOLET H MCLENDON EDUCATIONAL TRUST

Number and street (or P.O. box number if mail is not delivered to street address)1 WEST 4TH STREET D4000-041 Room/suite

City or town, state, and ZIP code
WINSTON SALEM, NC27101

A Employer identification number

63-6160114

B Telephone number (see instructions)

(336) 747-8182

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

$6,347,890J 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	29		29
4	Dividends and interest from securities......	173,688		173,290
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-95,738
b	Gross sales price for all assets on line 6a 1,683,144
7	Capital gain net income (from Part IV, line 2)...			0
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........	77,979		173,319
13	Compensation of officers, directors, trustees, etc.	30,802		23,102		7,701
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)....		4,786	4,786		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)		3,100	2,307		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).......		1	1
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	38,689		30,196	0	7,701
25	Contributions, gifts, grants paid........	250,000				250,000
26	Total expenses and disbursements. Add lines 24 and 25	288,689		30,196	0	257,701
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-210,710
b	Net investment income (if negative, enter -0-)			143,123
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..........	426,945	197,917	197,917
	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)........	864,257	3,120,834	3,637,185
	c	Investments—corporate bonds (attach schedule)........		100,000	103,638
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	4,631,757	2,293,681	2,409,150
	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)	5,922,959	5,712,432	6,347,890
	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.........	5,922,959	5,712,432
	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)....................	5,922,959	5,712,432
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	5,922,959	5,712,432

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	5,922,959
2	Enter amount from Part I, line 27a.....................	2	-210,710
3	Other increases not included in line 2 (itemize)	3	183
4	Add lines 1, 2, and 3..........................	4	5,712,432
5	Decreases not included in line 2 (itemize)	5	0
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	5,712,432

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	23. ABBOTT LABS W/RIGHTS ATTACHED EXP 11/10/2009	2012-07-20	2012-10-18
b	9. ABBOTT LABS W/RIGHTS ATTACHED EXP 11/10/2009	2012-06-20	2012-11-20
c	23. ABBOTT LABS W/RIGHTS ATTACHED EXP 11/10/2009	2012-05-14	2012-11-26
d	24. ABBOTT LABS W/RIGHTS ATTACHED EXP 11/10/2009	2012-05-14	2012-11-27
e	30. ABBOTT LABS W/RIGHTS ATTACHED EXP 11/10/2009	2012-03-28	2012-12-18
	25. ABBOTT LABS W/RIGHTS ATTACHED EXP 11/10/2009	2012-03-28	2012-12-19
	36. ABBOTT LABS W/RIGHTS ATTACHED EXP 11/10/2009	2012-03-22	2012-12-20
	7. ALEXION PHARMACEUTICALS INC COM	2011-12-23	2012-02-06
	3. ALEXION PHARMACEUTICALS INC COM	2011-12-23	2012-04-02
	4. ALEXION PHARMACEUTICALS INC COM	2012-04-26	2012-07-05
	8. ALEXION PHARMACEUTICALS INC COM	2011-12-23	2012-09-26
	5. ALEXION PHARMACEUTICALS INC COM	2011-12-22	2012-10-02
	35. ALLERGAN INC COM W/RIGHTS ATTACHED EXP 2/18/2010	2010-03-01	2012-02-02
	36. ALLERGAN INC COM W/RIGHTS ATTACHED EXP 2/18/2010	2010-02-10	2012-02-03
	39. ALLERGAN INC COM W/RIGHTS ATTACHED EXP 2/18/2010	2010-02-08	2012-02-03
	23. ALLERGAN INC COM W/RIGHTS ATTACHED EXP 2/18/2010	2012-05-07	2012-07-31
	1. AMAZON COM INC COM	2010-07-27	2012-02-16
	6. AMAZON COM INC COM	2012-01-17	2012-02-16
	3. AMAZON COM INC COM	2010-07-27	2012-03-27
	20. AMAZON COM INC COM	2010-07-27	2012-04-25
	9. AMAZON COM INC COM	2009-06-02	2012-04-26
	5. AMAZON COM INC COM	2009-06-02	2012-05-18
	32. AMAZON COM INC COM	2009-07-14	2012-05-21
	17. AMERICAN TOWER CORP	2011-06-21	2012-01-09
	76. AMERICAN TOWER CORP	2012-03-07	2012-03-08
	76. AMERICAN TOWER CORP	2011-06-17	2012-03-09
	78. AMERICAN TOWER CORP	2011-06-20	2012-03-12
	3. APPLE COMPUTER INC COM	2009-04-29	2012-02-16
	2. APPLE COMPUTER INC COM	2012-01-31	2012-02-16
	6. APPLE COMPUTER INC COM	2009-04-29	2012-03-01
	1. APPLE COMPUTER INC COM	2009-03-18	2012-03-07
	2. APPLE COMPUTER INC COM	2009-03-18	2012-03-16
	3. APPLE COMPUTER INC COM	2009-03-18	2012-03-20
	1. APPLE COMPUTER INC COM	2012-04-09	2012-04-16
	10. APPLE COMPUTER INC COM	2009-03-18	2012-04-16
	2. APPLE COMPUTER INC COM	2012-06-20	2012-08-22
	3. APPLE COMPUTER INC COM	2012-06-11	2012-09-25
	2. APPLE COMPUTER INC COM	2012-06-11	2012-10-05
	4. APPLE COMPUTER INC COM	2009-02-06	2012-10-05
	21. ARM HLDGS PLC SPONSORED ADR	2011-06-03	2012-02-07
	119. ARM HLDGS PLC SPONSORED ADR	2011-02-04	2012-02-07
	140. ARM HLDGS PLC SPONSORED ADR	2011-01-21	2012-02-08
	10415.492 ARTIO INTERNATIONAL EQ FD 3# 1529	2007-01-25	2012-01-31
	31. AUTODESK INC COM W/RIGHTS EXP 12/14/2005	2012-04-16	2012-08-14
	17. AUTODESK INC COM W/RIGHTS EXP 12/14/2005	2012-04-16	2012-08-15
	56. AUTODESK INC COM W/RIGHTS EXP 12/14/2005	2012-03-19	2012-08-16
	60. AUTODESK INC COM W/RIGHTS EXP 12/14/2005	2012-03-20	2012-08-17
	58. AUTODESK INC COM W/RIGHTS EXP 12/14/2005	2012-04-09	2012-08-20
	35. AUTODESK INC COM W/RIGHTS EXP 12/14/2005	2012-04-09	2012-08-21
	35. AUTODESK INC COM W/RIGHTS EXP 12/14/2005	2012-06-14	2012-08-22
	11. BAIDU INC ADR	2010-06-04	2012-08-30
	15. BAIDU INC ADR	2012-05-08	2012-08-30
	53. BAIDU INC ADR	2010-06-15	2012-12-04
	10. BROADCOM CORP COM	2012-06-18	2012-11-28
	44. CBS CORP CL B COM	2012-09-21	2012-11-21
	1178.005 CALVERT CAPTL ACCUMULATION-I #764	2011-12-27	2012-05-23
	77. CAMERON INT'L CORP COM	2012-03-14	2012-04-18
	68. CAMERON INT'L CORP COM	2012-03-14	2012-04-19
	68. CAMERON INT'L CORP COM	2012-01-10	2012-04-20
	19. CERNER CORP COM	2011-11-23	2012-01-17
	15. CERNER CORP COM	2011-11-25	2012-01-18
	16. CERNER CORP COM	2011-11-25	2012-01-19
	27. CERNER CORP COM	2011-11-23	2012-01-19
	26. CERNER CORP COM	2011-12-19	2012-01-20
	16. CERNER CORP COM	2011-12-19	2012-01-23
	10. CERNER CORP COM	2011-12-19	2012-01-30
	9. CITRIX SYS INC COM	2012-03-07	2012-03-14
	1. CITRIX SYS INC COM	2012-03-07	2012-05-08
	9. CITRIX SYS INC COM	2011-04-08	2012-05-08
	11. CITRIX SYS INC COM	2012-05-31	2012-10-02
	1. CITRIX SYS INC COM	2012-05-31	2012-10-04
	19. CITRIX SYS INC COM	2011-04-08	2012-10-04
	13. CITRIX SYS INC COM	2010-08-18	2012-10-05
	11. CITRIX SYS INC COM	2010-08-18	2012-10-17
	11. CITRIX SYS INC COM	2010-08-18	2012-10-18
	40. CITRIX SYS INC COM	2010-08-18	2012-10-22
	41. CITRIX SYS INC COM	2010-08-16	2012-10-23
	36. COACH INC COM W/RTS ATTACHED EXP 5/2/2011	2011-09-01	2012-01-19
	37. COACH INC COM W/RTS ATTACHED EXP 5/2/2011	2011-08-22	2012-01-20
	38. COACH INC COM W/RTS ATTACHED EXP 5/2/2011	2011-08-22	2012-01-23
	38. COACH INC COM W/RTS ATTACHED EXP 5/2/2011	2011-08-22	2012-01-24
	24. COGNIZANT TECH SOLUTIONS CRP COM	2011-03-07	2012-09-19
	13. COGNIZANT TECH SOLUTIONS CRP COM	2012-03-26	2012-09-19
	68. COGNIZANT TECH SOLUTIONS CRP COM	2011-06-07	2012-09-21
	59. COGNIZANT TECH SOLUTIONS CRP COM	2011-08-31	2012-09-24
	10. COGNIZANT TECH SOLUTIONS CRP COM	2012-01-31	2012-09-24
	36. COSTCO WHOLESALE CORP COM	2012-04-09	2012-05-03
	59. COSTCO WHOLESALE CORP COM	2012-01-04	2012-05-04
	61. COSTCO WHOLESALE CORP COM	2011-11-22	2012-05-07
	14. CROWN CASTLE INTL CORP COM	2012-05-03	2012-08-17
	2. CROWN CASTLE INTL CORP COM	2012-05-03	2012-11-14
	12. CROWN CASTLE INTL CORP COM	2012-05-03	2012-11-15
	9. CROWN CASTLE INTL CORP COM	2012-03-12	2012-11-20
	19. CROWN CASTLE INTL CORP COM	2012-03-12	2012-12-18
	7. CROWN CASTLE INTL CORP COM	2012-03-12	2012-12-28
	3. CUMMINS INC COM	2012-01-31	2012-03-20
	7. CUMMINS INC COM	2010-07-12	2012-03-20
	5. CUMMINS INC COM	2010-07-12	2012-05-08
	14. CUMMINS INC COM	2010-07-12	2012-05-17
	4. CUMMINS INC COM	2010-07-09	2012-08-22
	10.00144 DANAHER CORP COM	2011-04-27	2012-04-09
	9.99856 DANAHER CORP COM	2011-05-04	2012-04-09
	10. DANAHER CORP COM	2011-05-04	2012-08-22
	27. DANAHER CORP COM	2011-05-04	2012-10-04
	26. DANAHER CORP COM	2011-05-04	2012-10-05
	10. DANAHER CORP COM	2011-05-04	2012-11-28
	34. DEERE & CO COM	2012-01-17	2012-02-16
	9. DEERE & CO COM	2012-01-11	2012-02-17
	46. DEERE & CO COM	2012-01-12	2012-02-17
	45. DEERE & CO COM	2012-01-12	2012-02-21
	41. DIRECTV-CLASS A	2011-10-07	2012-01-17
	29. DIRECTV-CLASS A	2011-08-12	2012-01-18
	38. DIRECTV-CLASS A	2011-01-14	2012-01-18
	78. DIRECTV-CLASS A	2011-01-28	2012-01-19
	54. DIRECTV-CLASS A	2010-09-09	2012-01-19
	144. DIRECTV-CLASS A	2010-09-09	2012-01-19
	51. DOLLAR GENERAL CORP	2012-06-25	2012-07-05
	20. DOLLAR GENERAL CORP	2012-03-29	2012-08-22
	20. E M C CORP MASS COM	2012-01-31	2012-03-08
	18. E M C CORP MASS COM	2011-01-25	2012-03-08
	137. E M C CORP MASS COM	2011-01-25	2012-03-15
	143. E M C CORP MASS COM	2009-08-10	2012-03-16
	145. E M C CORP MASS COM	2009-08-11	2012-03-19
	18. EBAY INC COM	2012-06-11	2012-10-02
	31. EBAY INC COM	2012-06-11	2012-12-12
	29. EBAY INC COM	2012-03-14	2012-12-12
	39.00065 EDWARDS LIFESCIENCES CORP COM	2012-02-21	2012-03-26
	14.99935 EDWARDS LIFESCIENCES CORP COM	2012-02-16	2012-03-26
	42. EDWARDS LIFESCIENCES CORP COM	2012-02-22	2012-03-27
	42. EDWARDS LIFESCIENCES CORP COM	2012-02-22	2012-03-28
	19. ENSCO INTERNATIONAL PLC ADR	2012-01-18	2012-02-16
	14. ENSCO INTERNATIONAL PLC ADR	2012-03-07	2012-03-14
	10. ENSCO INTERNATIONAL PLC ADR	2012-01-18	2012-05-08
	7. ENSCO INTERNATIONAL PLC ADR	2012-01-18	2012-05-14
	25. ENSCO INTERNATIONAL PLC ADR	2012-01-17	2012-05-21
	10. EXXON MOBIL CORP COM	2012-01-17	2012-05-08
	4. EXXON MOBIL CORP COM	2012-01-17	2012-05-31
	12. EXXON MOBIL CORP COM	2012-03-07	2012-06-12
	18. EXXON MOBIL CORP COM	2012-03-07	2012-06-18
	13. EXXON MOBIL CORP COM	2011-10-12	2012-06-20
	35. EXXON MOBIL CORP COM	2011-10-17	2012-06-22
	38. EXXON MOBIL CORP COM	2011-10-17	2012-06-22
	37. EXXON MOBIL CORP COM	2011-10-03	2012-06-22
	23. F5 NETWORKS INC COM	2012-03-07	2012-08-23
	33. F5 NETWORKS INC COM	2011-12-29	2012-09-11
	34. F5 NETWORKS INC COM	2012-06-11	2012-09-12
	4424.432 FLEMING CAP MUTUAL FUND GROUP J P MORGAN MID CAP VALUE FUND	2007-01-25	2012-05-23
	10. GILEAD SCIENCES INC COM	2012-07-20	2012-08-22
	15. GILEAD SCIENCES INC COM	2012-08-29	2012-10-08
	23. GILEAD SCIENCES INC COM	2012-08-29	2012-10-23
	24. GILEAD SCIENCES INC COM	2012-07-12	2012-10-23
	9. GILEAD SCIENCES INC COM	2012-01-18	2012-11-13
	1. GOOGLE INC CL A	2012-01-17	2012-06-20
	1. GOOGLE INC CL A	2012-04-26	2012-07-11
	13. GOOGLE INC CL A	2010-10-18	2012-07-11
	12. W W GRAINGER INC COM W/RIGHTS ATTACHED EXP 5/15/2009	2012-10-05	2012-11-21
	9. W W GRAINGER INC COM W/RIGHTS ATTACHED EXP 5/15/2009	2012-07-12	2012-11-23
	8. W W GRAINGER INC COM W/RIGHTS ATTACHED EXP 5/15/2009	2012-06-25	2012-11-26
	9. W W GRAINGER INC COM W/RIGHTS ATTACHED EXP 5/15/2009	2012-06-25	2012-11-27
	20. HERTZ GLOBAL HOLDINGS INC	2011-04-20	2012-11-28
	9019.844 ING REAL ESTATE FUND CL-I #2190	2008-04-24	2012-05-23
	2. INTUITIVE SURGICAL INC	2012-04-09	2012-04-18
	4. INTUITIVE SURGICAL INC	2012-12-18	2012-12-21
	264. KIMBERLY-CLARK CORP COM	2009-02-06	2012-11-28
	.3333 KRAFT FOODS GROUP INC	2007-11-15	2012-10-11
	10. LAUDER ESTEE COS INC CL A	2012-04-09	2012-05-08
	22. LAUDER ESTEE COS INC CL A	2012-02-06	2012-05-11
	45. LAUDER ESTEE COS INC CL A	2012-02-08	2012-05-15
	49. LAUDER ESTEE COS INC CL A	2012-02-08	2012-05-16
	50. LAUDER ESTEE COS INC CL A	2012-02-06	2012-05-17
	7. LIBERTY MEDIA CORP - LIBERTY C	2012-10-11	2012-12-31
	29. LULULEMON ATHLETICA INC	2011-11-14	2012-01-10
	12. LULULEMON ATHLETICA INC	2012-01-31	2012-03-05
	23. LULULEMON ATHLETICA INC	2012-06-11	2012-09-13
	3. MASTERCARD INC	2012-01-17	2012-03-05
	11. MASTERCARD INC	2011-04-18	2012-05-21
	4. MASTERCARD INC	2012-01-12	2012-05-21
	15. MASTERCARD INC	2011-04-18	2012-05-22
	13. MONSANTO CO NEW COM	2012-02-22	2012-07-05
	28. MONSANTO CO NEW COM	2012-06-14	2012-07-18
	10. MONSANTO CO NEW COM	2012-10-15	2012-11-28
	48. MONSTER BEVERAGE CORP	2012-08-07	2012-10-22
	48. MONSTER BEVERAGE CORP	2012-07-25	2012-10-23
	38. MONSTER BEVERAGE CORP	2012-08-09	2012-10-23
	65. MONSTER BEVERAGE CORP	2012-08-14	2012-10-24
	9579.64 MORGAN STANLEY INS INTN RE I #8001	2007-01-25	2012-05-23
	24. NIKE INC CL B COM	2012-03-27	2012-08-29
	47. NIKE INC CL B COM	2012-03-28	2012-08-30
	33. NIKE INC CL B COM	2012-01-24	2012-08-31
	33. NIKE INC CL B COM	2012-01-24	2012-09-04
	44. OCCIDENTAL PETE CORP COM	2011-05-06	2012-01-12
	30. OCCIDENTAL PETE CORP COM	2011-05-28	2012-01-13
	23. OCCIDENTAL PETE CORP COM	2010-08-23	2012-01-13
	16. OCCIDENTAL PETE CORP COM	2010-08-23	2012-05-14
	4. OCCIDENTAL PETE CORP COM	2012-03-07	2012-05-14
	6. OCCIDENTAL PETE CORP COM	2010-08-20	2012-06-05
	19. OCCIDENTAL PETE CORP COM	2010-08-20	2012-06-14
	19. OCCIDENTAL PETE CORP COM	2010-08-19	2012-06-18
	48. OCCIDENTAL PETE CORP COM	2010-08-20	2012-06-25
	476. ORACLE CORP COM	2010-09-24	2012-01-10
	3731.343 PIMCO EMERG MKTS BD-INST #137	2007-01-18	2012-07-20
	127. PHILLIPS 66	2009-03-02	2012-05-29
	8. PIONEER NAT RES CO COM W/RIGHTS ATTACHED EXP 7/31/2011	2012-01-13	2012-02-16
	10. PIONEER NAT RES CO COM W/RIGHTS ATTACHED EXP 7/31/2011	2012-03-14	2012-06-18
	4. PRECISION CASTPARTS CORP COM W/RIGHTS ATTACHED EXPIRING	2012-05-31	2012-12-31
	2. PRECISION CASTPARTS CORP COM W/RIGHTS ATTACHED EXPIRING	2012-05-31	2012-12-31
	5. PRICELINE COM INC	2009-11-05	2012-01-20
	2. PRICELINE COM INC	2011-11-14	2012-01-20
	1. PRICELINE COM INC	2009-11-02	2012-04-12
	1. PRICELINE COM INC	2012-03-07	2012-04-12
	5. PRICELINE COM INC	2009-11-02	2012-04-16
	3. PRICELINE COM INC	2012-08-08	2012-09-17
	2. PRICELINE COM INC	2009-11-02	2012-10-02
	2. PRICELINE COM INC	2009-11-02	2012-10-19
	406. PROGRESS ENERGY INC COM	2009-06-01	2012-01-17
	10. QUALCOMM INC COM W/RTS ATTACHED	2012-03-07	2012-04-09
	36. QUALCOMM INC COM W/RTS ATTACHED	2011-02-25	2012-04-19
	10. QUALCOMM INC COM W/RTS ATTACHED	2012-01-31	2012-04-19
	19. QUALCOMM INC COM W/RTS ATTACHED	2011-03-07	2012-08-17
	12. QUALCOMM INC COM W/RTS ATTACHED	2011-03-07	2012-09-13
	9. QUALCOMM INC COM W/RTS ATTACHED	2011-06-03	2012-10-02
	49. QUALCOMM INC COM W/RTS ATTACHED	2011-06-03	2012-10-03
	23. QUALCOMM INC COM W/RTS ATTACHED	2010-11-05	2012-10-05
	10. QUALCOMM INC COM W/RTS ATTACHED	2010-11-05	2012-11-28
	2.00016 RALPH LAUREN CORP	2012-04-09	2012-05-08
	.99984 RALPH LAUREN CORP	2012-04-09	2012-05-08
	22. RALPH LAUREN CORP	2012-04-09	2012-05-15
	21. RALPH LAUREN CORP	2012-01-24	2012-05-16
	42. RALPH LAUREN CORP	2012-01-23	2012-05-22
	14531.162 SSGA EMERGING MARKETS FD S #1510	2009-01-15	2012-05-23
	144. SCHLUMBERGER LTD COM	2011-12-05	2012-01-17
	4. SHIRE PHARMACEUTICALS GR SPONSORED ADR	2012-02-09	2012-05-08
	32. SHIRE PHARMACEUTICALS GR SPONSORED ADR	2012-03-20	2012-06-06
	36. SHIRE PHARMACEUTICALS GR SPONSORED ADR	2012-01-12	2012-06-11
	37. SHIRE PHARMACEUTICALS GR SPONSORED ADR	2012-01-06	2012-06-12
	37. SHIRE PHARMACEUTICALS GR SPONSORED ADR	2011-11-25	2012-06-13
	31. STARBUCKS CORP COM	2011-03-11	2012-01-04
	10. STARBUCKS CORP COM	2012-03-14	2012-04-12
	54. STARBUCKS CORP COM	2012-03-14	2012-04-23
	29. STARBUCKS CORP COM	2012-06-18	2012-09-28
	16. STARBUCKS CORP COM	2012-06-06	2012-10-19
	10. STARBUCKS CORP COM	2012-06-20	2012-11-28
	126. TJX COS INC NEW COM	2012-03-07	2012-04-05
	41. TJX COS INC NEW COM	2012-05-08	2012-06-27
	10. TJX COS INC NEW COM	2011-09-22	2012-08-22
	28. TERADATA CORP	2012-05-23	2012-09-14
	39. TERADATA CORP	2012-05-23	2012-11-19
	44. TERADATA CORP	2012-06-06	2012-11-20
	44. TERADATA CORP	2012-07-12	2012-11-21
	4527.23 TURNER MIDCAP GROWTH FUND-IN #1309	2007-01-25	2012-05-23
	4. UNION PAC CORP COM	2012-03-20	2012-05-08
	4. UNION PAC CORP COM	2012-07-12	2012-08-22
	15. UNITEDHEALTH GRP INC COM	2010-02-09	2012-01-10
	56. UNITEDHEALTH GRP INC COM	2011-09-13	2012-01-10
	13. UNITEDHEALTH GRP INC COM	2010-02-09	2012-03-16
	10. UNITEDHEALTH GRP INC COM	2012-03-07	2012-03-16
	70. UNITEDHEALTH GRP INC COM	2010-02-09	2012-03-21
	68. UNITEDHEALTH GRP INC COM	2010-02-09	2012-03-22
	71. UNITEDHEALTH GRP INC COM	2010-02-05	2012-03-23
	25. UNITEDHEALTH GRP INC COM	2012-06-06	2012-07-12
	24. UNITEDHEALTH GRP INC COM	2012-05-15	2012-07-13
	17. UNITEDHEALTH GRP INC COM	2012-05-15	2012-07-18
	14. UNITEDHEALTH GRP INC COM	2012-05-21	2012-07-20
	25. UNITEDHEALTH GRP INC COM	2012-05-21	2012-07-23
	26. UNITEDHEALTH GRP INC COM	2012-05-16	2012-07-23
	51. UNITEDHEALTH GRP INC COM	2012-05-17	2012-07-24
	6. VISA INC-CLASS A SHRS	2011-07-25	2012-01-12
	5. VISA INC-CLASS A SHRS	2011-07-25	2012-02-10
	13. VISA INC-CLASS A SHRS	2011-07-25	2012-02-16
	7. VISA INC-CLASS A SHRS	2012-03-07	2012-04-09
	4. VISA INC-CLASS A SHRS	2012-09-21	2012-10-19
	12. VISA INC-CLASS A SHRS	2012-09-21	2012-10-22
	10. VISA INC-CLASS A SHRS	2012-09-21	2012-10-23
	3. VISA INC-CLASS A SHRS	2012-06-11	2012-11-14
	5. VISA INC-CLASS A SHRS	2012-06-11	2012-11-20
	1. VISA INC-CLASS A SHRS	2012-06-11	2012-12-13
	6. VISA INC-CLASS A SHRS	2011-07-25	2012-12-13
	12. WILLIAMS COS INC COM W/RTS ATTACHED	2012-04-20	2012-10-02
	25. WILLIAMS COS INC COM W/RTS ATTACHED	2012-04-20	2012-10-15
	26. WILLIAMS COS INC COM W/RTS ATTACHED	2012-04-20	2012-10-16
	710. WILLIAMS COS INC COM W/RTS ATTACHED	2010-03-31	2012-10-22
	40. WILLIAMS COS INC COM W/RTS ATTACHED	2012-05-14	2012-11-01
	10. WILLIAMS COS INC COM W/RTS ATTACHED	2012-05-14	2012-11-28
	.6667 WPX ENERGY INC	2010-03-31	2012-01-11
	236. WPX ENERGY INC	2010-03-31	2012-04-17
	23. YUM! BRANDS INC COM	2012-05-30	2012-08-24
	30. YUM! BRANDS INC COM	2012-05-31	2012-08-27
	31. YUM! BRANDS INC COM	2012-06-22	2012-08-29
	31. YUM! BRANDS INC COM	2012-06-27	2012-08-30
	31. YUM! BRANDS INC COM	2012-06-27	2012-08-31
	46. ENSCO PLC-CL A	2011-09-07	2012-05-22
	28. ENSCO PLC-CL A	2011-09-07	2012-10-02
	11. ENSCO PLC-CL A	2011-09-07	2012-10-02
	11. ENSCO PLC-CL A	2011-10-12	2012-10-03
	66. ENSCO PLC-CL A	2011-09-07	2012-10-03
	14. AVAGO TECHNOLOGIES LTD	2012-03-07	2012-03-14
	27. AVAGO TECHNOLOGIES LTD	2011-10-18	2012-04-16
	100. AVAGO TECHNOLOGIES LTD	2011-11-08	2012-06-01
	164. AVAGO TECHNOLOGIES LTD	2012-01-31	2012-06-04

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,531	1,494	37
b	565	566	-1
c	1,474	1,431	43
d	1,541	1,481	60
e	1,955	1,839	116
	1,641	1,516	125
	2,352	2,170	182
	558	481	77
	278	206	72
	413	338	75
	899	546	353
	578	337	241
	3,006	2,073	933
	3,069	2,099	970
	3,350	2,248	1,102
	1,877	2,164	-287
	179	117	62
	1,076	1,095	-19
	620	350	270
	3,873	2,105	1,768
	1,760	756	1,004
	1,070	420	650
	7,006	2,575	4,431
	1,026	872	154
	4,768	3,969	799
	4,727	3,847	880
	4,829	3,920	909
	1,487	375	1,112
	991	916	75
	3,259	679	2,580
	534	101	433
	1,169	203	966
	1,805	304	1,501
	586	627	-41
	5,858	999	4,859
	1,319	1,192	127
	2,071	1,742	329
	1,309	1,146	163
	2,618	399	2,219
	564	589	-25
	3,194	3,249	-55
	3,793	3,570	223
	106,759	159,253	-52,494
	1,060	1,278	-218
	584	698	-114
	1,928	2,297	-369
	2,092	2,461	-369
	1,977	2,379	-402
	1,215	1,383	-168
	1,219	1,295	-76
	1,251	825	426
	1,706	2,136	-430
	4,796	3,958	838
	320	345	-25
	1,531	1,674	-143
	38,050	36,106	1,944
	3,848	4,165	-317
	3,415	3,609	-194
	3,340	3,520	-180
	1,161	1,099	62
	915	867	48
	980	921	59
	1,648	1,547	101
	1,595	1,489	106
	976	916	60
	608	572	36
	707	647	60
	80	72	8
	722	617	105
	826	792	34
	74	72	2
	1,414	1,149	265
	948	757	191
	734	638	96
	715	638	77
	2,526	2,302	224
	2,577	2,344	233
	2,330	1,900	430
	2,386	1,758	628
	2,453	1,799	654
	2,576	1,796	780
	1,648	1,836	-188
	893	1,003	-110
	4,720	5,091	-371
	4,040	3,957	83
	685	715	-30
	3,056	3,086	-30
	4,957	4,920	37
	5,072	4,969	103
	873	793	80
	131	113	18
	784	667	117
	595	495	100
	1,349	1,045	304
	496	385	111
	366	315	51
	855	501	354
	517	358	159
	1,358	1,001	357
	405	280	125
	543	550	-7
	542	550	-8
	534	550	-16
	1,523	1,484	39
	1,472	1,429	43
	527	549	-22
	2,838	2,881	-43
	751	761	-10
	3,851	3,861	-10
	3,798	3,755	43
	1,793	1,800	-7
	1,228	1,256	-28
	1,610	1,599	11
	3,330	3,273	57
	2,306	2,160	146
	6,153	5,747	406
	2,707	2,500	207
	1,010	925	85
	570	514	56
	513	429	84
	3,970	2,447	1,523
	4,144	2,170	1,974
	4,202	2,190	2,012
	865	747	118
	1,611	1,255	356
	1,514	1,043	471
	2,828	2,955	-127
	1,088	1,138	-50
	3,132	3,152	-20
	3,066	3,112	-46
	1,039	972	67
	777	763	14
	493	511	-18
	336	352	-16
	1,208	1,225	-17
	833	859	-26
	314	344	-30
	974	1,029	-55
	1,494	1,435	59
	1,102	1,008	94
	2,896	2,713	183
	3,134	2,800	334
	3,061	2,669	392
	2,276	2,532	-256
	3,142	3,493	-351
	3,270	3,568	-298
	113,000	116,451	-3,451
	567	534	33
	1,049	866	183
	1,494	1,266	228
	1,565	1,168	397
	661	427	234
	577	629	-52
	573	617	-44
	7,452	8,012	-560
	2,289	2,501	-212
	1,710	1,662	48
	1,526	1,470	56
	1,712	1,649	63
	308	390	-82
	150,000	146,381	3,619
	1,182	1,028	154
	1,994	2,122	-128
	22,683	17,352	5,331
	15	12	3
	598	619	-21
	1,298	1,266	32
	2,572	2,589	-17
	2,788	2,809	-21
	2,815	2,843	-28
	800	773	27
	1,765	1,505	260
	824	732	92
	1,778	1,439	339
	1,248	1,034	214
	4,460	2,916	1,544
	1,622	1,375	247
	6,188	3,945	2,243
	1,085	1,039	46
	2,413	2,236	177
	909	889	20
	2,196	3,218	-1,022
	2,066	3,153	-1,087
	1,560	2,452	-892
	3,017	3,995	-978
	151,358	335,000	-183,642
	2,367	2,626	-259
	4,598	4,827	-229
	3,210	3,349	-139
	3,201	3,315	-114
	4,319	4,745	-426
	2,915	3,043	-128
	2,235	1,746	489
	1,308	1,208	100
	327	401	-74
	483	452	31
	1,585	1,431	154
	1,583	1,430	153
	3,718	3,591	127
	12,838	12,267	571
	45,000	40,573	4,427
	3,935	3,012	923
	916	773	143
	873	1,073	-200
	755	661	94
	372	329	43
	2,583	823	1,760
	1,033	1,054	-21
	740	163	577
	740	638	102
	3,531	817	2,714
	1,936	1,862	74
	1,240	327	913
	1,119	327	792
	22,088	18,692	3,396
	662	619	43
	2,286	2,123	163
	635	592	43
	1,202	1,108	94
	769	685	84
	554	514	40
	3,034	2,417	617
	1,442	1,108	334
	622	481	141
	310	352	-42
	155	176	-21
	3,361	3,646	-285
	3,094	3,097	-3
	6,259	6,166	93
	257,638	279,706	-22,068
	9,752	10,129	-377
	387	414	-27
	2,773	3,300	-527
	3,151	3,615	-464
	3,215	3,626	-411
	3,288	3,462	-174
	1,417	1,143	274
	602	528	74
	3,125	2,739	386
	1,455	1,553	-98
	729	851	-122
	509	587	-78
	5,099	3,759	1,340
	1,723	1,283	440
	459	282	177
	2,104	1,947	157
	2,430	2,705	-275
	2,728	3,046	-318
	2,683	2,960	-277
	154,967	136,023	18,944
	447	455	-8
	496	466	30
	792	490	302
	2,958	2,555	403
	723	424	299
	556	544	12
	3,790	2,278	1,512
	3,671	2,194	1,477
	3,819	2,272	1,547
	1,369	1,407	-38
	1,329	1,333	-4
	954	944	10
	779	776	3
	1,352	1,380	-28
	1,413	1,432	-19
	2,772	2,809	-37
	606	540	66
	564	450	114
	1,479	1,170	309
	832	731	101
	561	542	19
	1,664	1,626	38
	1,377	1,194	183
	424	353	71
	734	588	146
	148	118	30
	890	540	350
	421	387	34
	890	807	83
	948	839	109
	24,731	13,401	11,330
	1,358	1,290	68
	327	322	5
	11	9	2
	3,795	3,029	766
	1,466	1,628	-162
	1,904	2,111	-207
	1,987	2,168	-181
	1,974	2,047	-73
	1,967	1,983	-16
	2,228	2,250	-22
	1,519	1,360	159
	598	534	64
	593	495	98
	3,556	3,076	480
	524	497	27
	1,001	946	55
	3,100	3,482	-382
	4,991	5,228	-237

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			37
b			-1
c			43
d			60
e			116
			125
			182
			77
			72
			75
			353
			241
			933
			970
			1,102
			-287
			62
			-19
			270
			1,768
			1,004
			650
			4,431
			154
			799
			880
			909
			1,112
			75
			2,580
			433
			966
			1,501
			-41
			4,859
			127
			329
			163
			2,219
			-25
			-55
			223
			-52,494
			-218
			-114
			-369
			-369
			-402
			-168
			-76
			426
			-430
			838
			-25
			-143
			1,944
			-317
			-194
			-180
			62
			48
			59
			101
			106
			60
			36
			60
			8
			105
			34
			2
			265
			191
			96
			77
			224
			233
			430
			628
			654
			780
			-188
			-110
			-371
			83
			-30
			-30
			37
			103
			80
			18
			117
			100
			304
			111
			51
			354
			159
			357
			125
			-7
			-8
			-16
			39
			43
			-22
			-43
			-10
			-10
			43
			-7
			-28
			11
			57
			146
			406
			207
			85
			56
			84
			1,523
			1,974
			2,012
			118
			356
			471
			-127
			-50
			-20
			-46
			67
			14
			-18
			-16
			-17
			-26
			-30
			-55
			59
			94
			183
			334
			392
			-256
			-351
			-298
			-3,451
			33
			183
			228
			397
			234
			-52
			-44
			-560
			-212
			48
			56
			63
			-82
			3,619
			154
			-128
			5,331
			3
			-21
			32
			-17
			-21
			-28
			27
			260
			92
			339
			214
			1,544
			247
			2,243
			46
			177
			20
			-1,022
			-1,087
			-892
			-978
			-183,642
			-259
			-229
			-139
			-114
			-426
			-128
			489
			100
			-74
			31
			154
			153
			127
			571
			4,427
			923
			143
			-200
			94
			43
			1,760
			-21
			577
			102
			2,714
			74
			913
			792
			3,396
			43
			163
			43
			94
			84
			40
			617
			334
			141
			-42
			-21
			-285
			-3
			93
			-22,068
			-377
			-27
			-527
			-464
			-411
			-174
			274
			74
			386
			-98
			-122
			-78
			1,340
			440
			177
			157
			-275
			-318
			-277
			18,944
			-8
			30
			302
			403
			299
			12
			1,512
			1,477
			1,547
			-38
			-4
			10
			3
			-28
			-19
			-37
			66
			114
			309
			101
			19
			38
			183
			71
			146
			30
			350
			34
			83
			109
			11,330
			68
			5
			2
			766
			-162
			-207
			-181
			-73
			-16
			-22
			159
			64
			98
			480
			27
			55
			-382
			-237

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	-95,738
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
2010
2009
2008
2007

2	Total of line 1, column (d) ......................	2
3	Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years. . .	3
4	Enter the net value of noncharitable-use assets for 2012 from Part X, line 5.....	4
5	Multiply line 4 by line 3.......................	5
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6
7	Add lines 5 and 6.........................	7
8	Enter qualifying distributions from Part XII, line 4..............	8
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2012)

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	2,862
	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	2,862
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	2,862
6	Credits/Payments:

a	2012 estimated tax payments and 2011 overpayment credited to 2012	6a	3,540
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	3,540
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	678
11	Enter the amount of line 10 to be: Credited to 2013 estimated tax678	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

(336) 747-8182

Located at bullet

1 W 4TH ST 6TH 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? .................

Yes

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

2009, 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	TRUSTEE 4	30,802
1525 WEST WT HARRIS BLVD D1114 044 CHARLOTTE,NC282881161	TRUSTEE 4	30,802

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

5,940,417

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

248,587

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

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

6,189,004

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

6,189,004

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

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

92,835

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

6,096,169

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

304,808

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

304,808

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

2,862

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

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

2,862

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

301,946

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

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

301,946

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

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

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

301,946

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 ..........

257,701

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

257,701

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

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

257,701

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					301,946
2 Undistributed income, if any, as of the end of 2012:
a Enter amount for 2011 only.......				234,312
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: $ 257,701
a Applied to 2011, but not more than line 2a				234,312
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.....					23,389
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 ..........					278,557
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 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
ANDREW COLLEGE 413 COLLEGE STREET CUTHBERT,GA31740	NONE	PUBLIC CHARITY	CONTRIBUTION	37,500
CHIPOLA JUNIOR COLLEGE 3094 INDIAN CIRCLE MARIANNA,FL32446	NONE	EXEMPT	SUPPORT	200,000
WILLMER HALL EPISCOPAL CH C/O SALLY GREENE 3811 OLD SHELL ROAD MOBILE,AL36608	NONE	PUBLIC CHARITY	CONTRIBUTION	12,500
Total ................................. 3a				250,000

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			14	29
4 Dividends and interest from securities....			14	173,688
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	-95,738
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)..				77,979

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

1377,979

(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

Name of Bond	End of Year Book Value	End of Year Fair Market Value
465562106 ITAU UNIBANCO HOLDGS
04315J860 ARTIO GLOBAL HIGH IN
256210105 DODGE & COX INCOME F
693390700 PIMCO TOTAL RET FD-I
693390882 PIMCO FOREIGN BD FD
693391559 PIMCO EMERG MKTS BD-
921937850 VANGUARD S/T BD IND
94985D582 WELLS FARGO ADV INTL	100,000	103,638

Name of Stock	End of Year Book Value	End of Year Fair Market Value
04315J860 ARTIO GLOBAL FD#1525
256210105 DODGE&COX INCOME FD
693390700 PIMCO TOT RTN FD #35
921937850 VANGUARD S-T #1349
693391559 PIMCO EMERG MKT #137
693390882 PIMCO FORGN FD #103
025083320 AMER CENT SMALL CAP	75,653	140,631
26203E851 DREYFUS BOSTON #6944
339128100 JP MORGAN MID CAP VA	66,864	71,107
626124242 MUNDER MIDCAP #32
784924425 SSGA EMERG MKT #1510
900297763 TURNER MIDCAP #1309
04315J837 ARTIO INTL FD #1529
256206103 DODGE & COX INT'L ST	299,342	267,046
411511306 HARBOR INTERNATION F	281,134	306,907
44981V706 ING REAL ESTATE FUND	197,796	347,975
46625H365 JP MORGAN ALERIAN ML	100,054	108,842
61744J317 MORGAN STANLEY #8001
722005667 PIMCO COMMODITY REAL	234,000	156,548
20030N101 COMCAST CORP CLASS A	12,775	28,730
548661107 LOWES COS INC	17,433	30,228
039483102 ARCHER DANIELS MIDLA	18,805	22,734
126650100 CVS/CAREMARK CORPORA	13,368	23,111
494368103 KIMBERLY CLARK CORP
50075N104 KRAFT FOODS INC
786514208 SAFEWAY INC NEW	29,443	19,356
166764100 CHEVRON CORP	13,723	20,330
20825C104 CONOCOPHILLIPS	16,580	21,166
565849106 MARATHON OIL CORP	15,843	18,028
637071101 NATIONAL OILWELL VAR
969457100 WILLIAMS COS INC	9,502	9,920
020002101 ALLSTATE CORP	18,618	22,736
064058100 BANK NEW YORK MELLON	23,528	22,847
571748102 MARSH & MCLENNAN COS	14,526	21,440
89417E109 TRAVELERS COMPANIES,	9,436	21,761
071813109 BAXTER INTL INC	13,696	21,531
14149Y108 CARDINAL HEALTH INC	11,252	18,613
478160104 JOHNSON & JOHNSON	17,350	18,717
58933Y105 MERCK & CO INC NEW	18,189	21,780
717081103 PFIZER INC	18,748	24,352
74834L100 QUEST DIAGNOSTICS IN	14,970	18,122
666807102 NORTHROP GRUMMAN COR	13,921	20,409
94106L109 WASTE MANAGEMENT INC	20,559	19,097
458140100 INTEL CORP	15,170	16,166
459200101 IBM CORP
620076109 MOTOROLA INC
984121103 XEROX CORP	17,977	16,354
263534109 DU PONT E I DE NEMOU	7,976	15,113
00206R102 AT & T INC	21,058	20,260
92343V104 VERIZON COMMUNICATIO	17,353	21,895
281020107 EDISON INTL COM	12,398	19,974
743263105 PROGRESS ENERGY INC
023135106 AMAZON COM INC COM	11,179	11,791
345370860 FORD MOTOR CO
500255104 KOHLS CORP
55616P104 MACY'S INC
571903202 MARRIOTT INTERNATL
741503403 PRICELINE COM INC	2,743	10,547
25490A101 DIRECTV GROUP
254687106 WALT DISNEY CO
20825C104 CONOCOPHILLIPS
406216101 HALLIBURTON CO	19,547	24,248
651290108 NEWFIELD EXPL CO
674599105 OCCIDENTAL PETE CORP	21,147	19,919
025816109 AMERICAN EXPRESS CO
172967101 CITIGROUP INC
018490102 ALLERGAN INC	13,332	13,117
302182100 EXPRESS SCRIPTS INC
91324P102 UNITEDHEALTH GROUP I	10,683	10,577
231021106 CUMMINS INC.	8,535	12,569
247361702 DELTA AIRLINES INC
278058102 EATON CORP
291011104 EMERSON ELECTRIC CO
740189105 PRECISION CASTPARTS	12,736	17,995
907818108 UNION PACIFIC CORP	14,448	18,481
00846U101 AGILENT TECHNOLOGIES
037833100 APPLE INC	7,552	45,235
177376100 CITRIX SYS INC
268648102 EMC CORP MASS
315616102 F5 NETWORKS INC
38259P508 GOOGLE INC	20,215	22,636
48203R104 JUNIPER NETWORKS INC
64110D104 NETAPP INC
68389X105 ORACLE CORP
747525103 QUALCOMM INC	9,443	12,248
79466L302 SALESFORCE COM INC	11,205	11,935
928563402 VMWARE INC	14,926	14,874
029912201 AMERICAN TOWER SYSTM
056752108 BAIDU INC
D1668R123 DAIMLERCHRYSLER AG
N53745100 LYONDELLBASELL INDUS
04314H709 ARTISAN MID CAP VALU	60,106	62,776
131649709 CALVERT CAPTL ACCUMU
780905451 ROYCE PREMIER FUND W	107,039	109,843
766111507 RAYTHEON CO
17275R102 CISCO SYSTEMS INC	18,505	23,501
189754104 COACH INC
256677105 DOLLAR GENERAL CORP	16,068	17,019
550021109 LULULEMON ATHLETICA	6,727	10,215
855244109 STARBUCKS CORP COM	10,125	13,890
872540109 TJX COS INC NEW	11,650	15,070
22160K105 COSTCO WHOLESALE
13342B105 CAMERON INTL CORP
30231G102 EXXON MOBIL CORP
015351109 ALEXION PHARMACEUTIC	5,727	10,124
018490102 ALLERGAN INC
156782104 CERNER CORP
91324P102 UNITEDHEALTH GROUP
235851102 DANAHER CORP	14,595	15,596
42805T105 HERTZ GLOBAL HOLDING	12,714	13,244
192446102 COGNIZANT TECH SOLUT
278642103 EBAY INC	13,452	21,572
57636Q104 MASTERCARD INC
92826C839 VISA INC-CLASS A SHR	11,922	21,070
61166W101 MONSANTO CO NEW	13,644	18,078
029912201 AMERICAN TOWER SYSTE
002824100 ABBOTT LABS	7,713	8,384
03076C106 AMERIPRISE FINL INC	12,936	13,841
03524A108 ANHEUSER-BUSCH INBEV	14,505	14,335
04314H600 ARTISAN MID CAP FUND	130,000	131,447
111320107 BROADCOM CORPORATION	10,069	10,328
124857202 CBS CORP NEW	11,093	11,605
14040H105 CAPITAL ONE FINANCIA	10,184	9,906
228227104 CROWN CASTLE INTL CO	14,289	19,122
26852M105 EII INTERNATIONAL PR	150,000	194,426
375558103 GILEAD SCIENCES INC	10,473	16,379
427866108 THE HERSHEY COMPANY	10,870	10,905
437076102 HOME DEPOT INC	9,515	10,886
46120E602 INTUITIVE SURGICAL I	9,771	9,807
50076Q106 KRAFT FOODS GROUP IN	18,689	21,053
530322106 LIBERTY MEDIA CORP -	13,521	14,733
532716107 LIMITED BRANDS, INC	18,699	18,024
53578A108 LINKEDIN CORP	8,664	9,530
609207105 MONDELEZ INTERNATION	10,492	13,541
620076307 MOTOROLA SOLUTIONS,	11,531	24,945
683974505 OPPENHEIMER DEVELOPI	130,000	152,571
723787107 PIONEER NAT RES CO C	11,641	12,684
755111507 RAYTHEON CO	18,422	22,045
80105N105 SANOFI-ADR	13,455	13,503
901165100 TWEEDY BROWNE FD GLO	150,000	155,764
94975P751 WELLS FARGO ADV EMG	130,000	149,745
966837106 WHOLE FOODS MKT INC	15,297	15,680

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
04315J860 ARTIO GLOBAL HIGH IN	AT COST	284,256	264,885
256210105 DODGE & COX INCOME F	AT COST	737,000	812,635
693390700 PIMCO TOTAL RET FD-I	AT COST	603,185	609,211
921937850 VANGUARD S/T BD IND	AT COST	76	78
693391559 PIMCO EMERG MKTS BD-	AT COST	224,830	258,458
693390882 PIMCO FOREIGN BD FD	AT COST	144,410	153,971
025083320 AMERICAN CENTURY
04314H709 ARTISAN MID CAP VALU
131649709 CALVERT CAPITAL ACCU
339128100 JP MORGAN MID CAP
780905451 ROYCE PREMIER FUND
900297763 TURNER MIDCAP GROWTH
04315J837 ARTIO INTERNATIONAL
256206103 DODGE & COX INTERNAT
411511306 HARBOR INTERNATIONAL
784924425 SSGA EMERGING MKT
44981V706 ING RE FUND
46625H365 JP MORGAN ALERIAN
61744J317 MORGAN STANLEY INSTI
722005667 PIMCO COMMODITY RTN
042068106 ARM HOLDINGS PLC-ADR
Y0486S104 AVAGO TECHNOLOGIES
056752108 BAIDU INC
29358Q109 ENSCO INTERNATIONAL
806857108 SCHLUMBERGER LTD
82481R106 SHIRE PLC
4812C0803 JPMORGAN HIGH YIELD	AT COST	100,000	104,359
921937827 VANGUARD SHORT TERM	AT COST	199,924	205,553

Category	Amount	Net Investment Income
FEDERAL ESTIMATES - PRINCIPAL	793	0
FOREIGN TAXES ON QUALIFIED FOR	1,527	1,527
FOREIGN TAXES ON NONQUALIFIED	780	780

Description	Amount
MUTUAL FUND TIMING DIFFERENCE	4
FEDERAL TAX REFUND	77
COST BASIS ADJUSTMENT	102