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
ADA L AND ALBERT M WIBEL FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2907 - TRUST TAX DEPT   Room/suite
City or town, state, and ZIP code
WILSON, NC278942907
A Employer identification number

20-6966139
B Telephone number (see instructions)

(703) 383-5000
C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$6,725,300
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 25,780 25,780  
4 Dividends and interest from securities...... 140,547 140,547  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 323,209
b Gross sales price for all assets on line 6a 7,229,992
7 Capital gain net income (from Part IV, line 2)... 323,209
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)....... 8,632 8,632  
12 Total. Add lines 1 through 11........ 498,168 498,168  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 81,576 81,576    
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions) 8,509 3,633   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)....... 613 613    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 90,698 85,822 0 0
25 Contributions, gifts, grants paid........ 168,000 168,000
26 Total expenses and disbursements. Add lines 24 and 25 258,698 85,822 0 168,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 239,470
b Net investment income (if negative, enter -0-) 412,346
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............   2,333 2,333
2 Savings and temporary cash investments.......... 84,834 237,418 237,418
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 647,188 959,008 1,023,315
b Investments—corporate stock (attach schedule)........ 4,219,843 3,540,764 3,877,304
c Investments—corporate bonds (attach schedule)........ 1,102,338 1,387,035 1,419,638
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........   166,845 165,292
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,054,203 6,293,403 6,725,300
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 6,054,203 6,293,403
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).................... 6,054,203 6,293,403
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 6,054,203 6,293,403
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 6,054,203
2 Enter amount from Part I, line 27a..................... 2 239,470
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 6,293,673
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 270
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 6,293,403
Form 990-PF (2012)
Form 990-PF (2012)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b) How acquired
P—Purchase
D—Donation
(c) Date acquired
(mo., day, yr.)
(d) Date sold
(mo., day, yr.)
1 a 560. SANOFI CONTINGENT VALUE RIGHTS   2011-04-08 2012-01-18
b 1100. AT&T INC   2011-10-13 2012-01-25
c 800. AT&T INC     2012-01-25
d 2490. ACTIVISION BLIZZARD INC COMMON   2011-10-13 2012-01-25
e 1560. ADR AMERICA MOVIL S A DE CV   2011-10-13 2012-01-25
560. AMGEN INCORPORATED   2011-10-13 2012-01-25
260. AON CORPORATION COMMON   2011-03-22 2012-01-25
410. ARCELORMITTAL   2010-03-18 2012-01-25
1560. ATLAS COPCO AB SPONS   2011-10-13 2012-01-25
450. BECTON DICKINSON & CO. COMMON   2010-08-18 2012-01-25
380. BELLE INTERNATIONAL HOLDINGS LIMITED   2011-05-04 2012-01-25
430. BERKSHIRE HATHAWAY INC DEL CL B COMMON   2011-10-13 2012-01-25
270. BERKSHIRE HATHAWAY INC DEL CL B COMMON     2012-01-25
940. BROADCOM CORP CL A COMMON   2011-10-13 2012-01-25
920. CVS CORP COMMON   2011-10-13 2012-01-25
1090. CENOVUS ENERGY INC.   2011-03-22 2012-01-25
400. CISCO SYSTEMS   2011-03-22 2012-01-25
1450. CISCO SYSTEMS     2012-01-25
470. COCA COLA COMPANY   2011-10-13 2012-01-25
5088.089 COHEN & STEERS REALTY SHARES INSTITUTION   2010-06-17 2012-01-25
1425. COMCAST CORP NEW CL A     2012-01-25
1125. DISNEY WALT COMPANY     2012-01-25
810. DU PONT E I DE NEMOURS & COMPANY   2011-10-13 2012-01-25
1560. ENCANA CORP COMMON   2011-10-13 2012-01-25
2550. ERSTE BK DER OESTER SPAR-ADR   2011-10-13 2012-01-25
790. EXPRESS SCRIPTS COMMON   2011-10-13 2012-01-25
500. EXXON MOBIL CORPORATION   2010-04-12 2012-01-25
440. FEDEX CORPORATION   2011-10-13 2012-01-25
1180. FORWARD AIR CORP   2010-08-18 2012-01-25
2641.2 FORWARD INTERNATIONAL SMALL COMPANIES FD   2009-08-17 2012-01-25
1120. FREEPORT-MCM COPR GOLD CL B   2011-10-13 2012-01-25
470. FRESENIUS MED CARE   2011-10-13 2012-01-25
2890. GANNETT INCORPORATED   2011-10-13 2012-01-25
1575. GENERAL ELECTRIC COMPANY     2012-01-25
35. GOOGLE INC CL A   2008-12-10 2012-01-25
60. GOOGLE INC CL A   2011-10-13 2012-01-25
360. GREEN MOUNTAIN COFFEE ROASTERS INC COMMO   2011-10-13 2012-01-25
1080. HANCOCK HOLDING COMPANY   2011-10-13 2012-01-25
1320. HONEYWELL INTERNATIONAL INC   2011-10-13 2012-01-25
1520. HOYA CORP SPONSORED ADR   2011-10-13 2012-01-25
880. ICICI BANK LIMITED SPONS ADR   2011-10-13 2012-01-25
1410. INTL SPEEDWAY "A" COMMON   2011-10-13 2012-01-25
920. ISHARES FTSE/XINHUA CHINA 25 INDEX FUND   2011-10-13 2012-01-25
140. ITRON INC COMMON   2010-03-18 2012-01-25
780. J P MORGAN CHASE & CO   2010-01-05 2012-01-25
375. JOHNSON & JOHNSON     2012-01-25
640. KOHLS CORP COMMON   2011-10-13 2012-01-25
9590. LI & FUNG LIMITED UNSPONS ADR   2011-10-13 2012-01-25
1762.71 LAZARD EMERGING MKTS PORTFOLIO INST CLAS   2009-07-13 2012-01-25
2090. LENDER PROCESSING SERVICES COMMON   2011-10-13 2012-01-25
1070. LEXMARK INTERNATIONAL GROUP INC CLASS A   2011-10-13 2012-01-25
850. LIFE TECHNOLOGIES CORP COMMON   2011-10-13 2012-01-25
2010. LINCOLN NATL CORP IND   2011-10-13 2012-01-25
1770. LOWES COMPANIES INCORPORATED   2011-10-13 2012-01-25
725. MEDTRONIC INC     2012-01-25
825. MERCK & CO INC     2012-01-25
1090. METLIFE COMMON   2010-03-18 2012-01-25
580. NEXTERA ENERGY, INC. COMMON   2011-10-13 2012-01-25
1390. PETROLEO BRASILEIR COMMON   2011-10-13 2012-01-25
940. PRICE GROUP INC FORMERLY AKA PRICE TO ROWE & ASSOC   2011-10-13 2012-01-25
540. PROCTOR AND GAMBLE COMPANY   2010-06-17 2012-01-25
1330. PUBLICIS GROUPE ADR   2011-10-13 2012-01-25
850. QUALCOMM INC COMMON   2011-10-13 2012-01-25
1280. RUE21 INC COMMON   2011-10-13 2012-01-25
860. ST JUDE MEDICAL INC COMMON   2011-10-13 2012-01-25
2480. SANDVIK AB   2011-10-13 2012-01-25
4910. SBERBANK OF RUSSIA   2011-10-13 2012-01-25
480. SCHLUMBERGER LTD   2011-10-13 2012-01-25
350. SCHLUMBERGER LTD   2008-12-10 2012-01-25
2860. SONOVA HOLDING AG   2011-10-13 2012-01-25
2450. SOUTHWEST AIRLINES   2010-11-03 2012-01-25
4200. ST MICROELETRONICS N.V.   2010-08-18 2012-01-25
1640. SUBSEA 7 SA   2011-10-13 2012-01-25
970. SUNCOR ENERGY, INC   2010-06-17 2012-01-25
610. TARGET CORP COM   2010-06-17 2012-01-25
1170. UNICHARM CORP   2011-10-13 2012-01-25
870. WPP PLC ADR   2011-10-13 2012-01-25
650. WELLS FARGO & CO NEW     2012-01-25
1870. WEYERHAEUSER COMPANY   2011-10-13 2012-01-25
730. YUM! BRANDS, INC. COMMON   2011-10-13 2012-01-25
320. ENSTAR GROUP LTD   2011-10-13 2012-01-25
1240. TE CONNECTIVITY LTD   2010-03-18 2012-01-25
320. CORE LABORATORIES N V   2011-10-13 2012-01-25
120. CORE LABORATORIES N V   2010-03-18 2012-01-25
100000. US TREASURY NOTE DTD 01/31/07 4.75% 01/3   2007-02-07 2012-01-31
1230. NATURAL RESOURCE PARTNERS LP   2012-01-25 2012-03-26
100000. US TREASURY NOTE DTD 04/15/09 1.375% 04/   2010-03-22 2012-04-15
1560. ABB LTD SPONSORED ADR   2012-01-25 2012-05-29
1280. L'AIR LIQUIDE-UNSPONS ADR COMMON   2012-01-25 2012-05-29
2150. ALCOA INC   2011-03-22 2012-05-29
710. AMETEK INC COMMON   2012-01-25 2012-05-29
430. APACHE CORPORATION COMMON   2012-01-25 2012-05-29
60. APPLE COMPUTER CORPORATION COMMON   2010-08-18 2012-05-29
1170. ARCHER DANIELS MIDLAND COMPANY   2011-10-13 2012-05-29
840. ASSURANT INC COMMON   2012-01-25 2012-05-29
1420. BNP PARIBAS   2012-01-25 2012-05-29
180. BLACKROCK INC COMMON   2012-01-25 2012-05-29
1870. BROOKFIELD PROPERTIES CORP   2012-01-25 2012-05-29
1430. CA INC COMMON   2012-01-25 2012-05-29
720. CANADIAN NATL RY CO   2012-01-25 2012-05-29
2550. CAREFUSION CORP   2012-01-25 2012-05-29
310. CHEVRON TEXACO CORP COMMON   2012-01-25 2012-05-29
1650. CISCO SYSTEMS   2011-03-22 2012-05-29
480. COACH INC   2012-01-25 2012-05-29
910. COCHLEAR LIMITED UNSPONS ADR   2011-03-22 2012-05-29
1230. CREDIT SUISSE GROUP SPONS ADR   2012-01-25 2012-05-29
820. DBS GROUP HLDGS LTD SPONSORED ADR F/K/A DEVELOPMENT BK SINGAPORE   2011-10-13 2012-05-29
540. DASSAULT SYSTEMS COMMON   2011-10-13 2012-05-29
1930. DELL INC   2012-01-25 2012-05-29
370. DIAGEO PLC SPONSORED ADR   2012-01-25 2012-05-29
10530. DOLE FOOD COMPANY INC COMMON   2011-10-13 2012-05-29
1250. EBAY INC     2012-05-29
1040. EMERSON ELECTRIC COMPANY   2012-01-25 2012-05-29
350. FEDERAL REALTY INVESTORS COMMON   2012-01-25 2012-05-29
2210. FIRST POTOMAC REALTY TRUST COMMON   2012-01-25 2012-05-29
1060. GREEN DOT CORP CLASS A COMMON   2012-01-25 2012-05-29
1020. JGC CORPORATION   2012-01-25 2012-05-29
650. KELLOGG COMPANY   2012-01-25 2012-05-29
4040. KINGFISHER PLC-SPONS ADR   2012-01-25 2012-05-29
1872.919 LAZARD EMERGING MKTS PORTFOLIO INST CLAS   2009-07-13 2012-05-29
1180. LEUCADIA NATIONAL CORP COMMON   2012-01-25 2012-05-29
970. LIBERTY PPTY TR SH BEN TR   2012-01-25 2012-05-29
780. LIMITED INC. (DEL.)   2012-01-25 2012-05-29
490. LINKEDIN CORP COMMON   2012-01-25 2012-05-29
940. MI DEVELOPMENTS INC   2012-01-25 2012-05-29
610. MACERICH COMPANY COMMON   2012-01-25 2012-05-29
330. MCDONALDS CORPORATION   2012-01-25 2012-05-29
1650. MICROSOFT CORPORATION     2012-05-29
600. THE MOSAIC COMPANY COMMON   2012-01-25 2012-05-29
1920. MTN GROUP LTD ADR   2012-01-25 2012-05-29
440. PARKER HANNIFIN CORP   2012-01-25 2012-05-29
1030. PETROLEO BRASILEIRO SA PETROBRAS   2012-01-25 2012-05-29
440. PHILIP MORRIS INTERNATIONAL   2012-01-25 2012-05-29
1470. PRUDENTIAL PLC   2012-01-25 2012-05-29
740. ROCHE HOLDING LTD ADR   2012-01-25 2012-05-29
490. SPX CORPORATION   2012-01-25 2012-05-29
640. SASOL LTD SPONSORED ADR   2012-01-25 2012-05-29
2130. SUBSEA 7 SA   2011-10-13 2012-05-29
1740. SWATCH GROUP AG   2010-11-03 2012-05-29
1140. TEXAS INSTRUMENTS INCORPORATED   2011-07-19 2012-05-29
570. THE TRAVELERS COMPANIES INC.   2012-01-25 2012-05-29
760. VIACOM INC NEW CL B   2009-07-13 2012-05-29
470. WELLPOINT INC   2012-01-25 2012-05-29
310. WESTPAC BANKING LTD COM   2012-01-25 2012-05-29
1570. YOUKU.COM INC-SPON ADR   2012-01-25 2012-05-29
580. ZIMMER HOLDINGS INC   2012-01-25 2012-05-29
960. ENDURANCE SPECIALTY HOLDINGS LTD   2009-07-30 2012-05-29
840. WILLIS GROUP HOLDINGS   2012-01-25 2012-05-29
.993 KINDER MORGAN MANAGEMENT LLC   2012-05-29 2012-08-29
150000. GOLDMAN SACHS GROUP INC. DTD 08/27/2002   2007-01-25 2012-09-01
620. CONOCOPHILLIPS COM   2012-05-29 2012-11-08
6533.284 CREDIT SUISSE COMMODITY RETURN STRATEGY INSTITUTIONAL SHS FD   2009-07-13 2012-11-08
1040. DOVER CORPORATION COMMON   2012-01-25 2012-11-08
4100. ERSTE BK DER OESTER SPAR-ADR   2012-05-29 2012-11-08
1140. HALLIBURTON COMPANY   2012-01-25 2012-11-08
580. HEALTH CARE REIT INC   2012-05-29 2012-11-08
660. ILLINOIS TOOL WORKS   2012-05-29 2012-11-08
720. JGC CORPORATION   2012-01-25 2012-11-08
6800. KITE REALTY GROUP TRUST COMMON   2012-05-29 2012-11-08
1695.804 LAZARD EMERGING MKTS PORTFOLIO INST CLAS   2009-07-13 2012-11-08
650. LINKEDIN CORP COMMON   2012-01-25 2012-11-08
1650. NOKIAN RENKAAT OYJ   2012-05-29 2012-11-08
1230. ORACLE SYSTEM CORPORATION   2012-05-29 2012-11-08
1720. PETROLEO BRASILEIR COMMON   2012-05-29 2012-11-08
3040. PIEDMONT OFFICE REALTY TRUST INC COMMON   2012-01-25 2012-11-08
1520. QLIK TECHNOLOGIES INC COMMON   2011-03-22 2012-11-08
1120. RUE21 INC COMMON   2012-05-29 2012-11-08
3210. SBERBANK OF RUSSIA   2012-05-29 2012-11-08
2080. SONOVA HOLDING AG   2012-05-29 2012-11-08
1733.428 STERLING CAPITAL SPECIAL OPPORTUNITIES FUND INST CL FUND # 32   2012-05-29 2012-11-08
980. WASTE MANAGEMENT INC NEW   2012-05-29 2012-11-08
2340. ARCOS DORADOS HOLDINGS, INC   2012-05-29 2012-11-08
780. MICHAEL KORS HOLDINGS LTD   2012-05-29 2012-11-08
1610. AVAGO TECHNOLOGIES LTD   2012-01-25 2012-11-08
100000. FED HOME LOAN BANK DTD 11/22/02 4.5% 11/   2006-12-18 2012-11-15
3860. ALLIANZ COMMON   2012-05-29 2012-12-04
1500. ADR AMERICA MOVIL S A DE CV   2012-05-29 2012-12-04
510. BAYER A G SPONSORED ADR   2012-05-29 2012-12-04
1810. FUSION-IO INC. COMMON   2012-05-29 2012-12-04
600. GENERAL DYNAMICS   2012-11-08 2012-12-04
1510. HOYA CORP SPONSORED ADR   2012-05-29 2012-12-04
.416 KINDER MORGAN MANAGEMENT LLC   2012-05-29 2012-12-04
450. MSC INDUSTRIAL DIRECT INC CLASS A COMMON   2012-05-29 2012-12-04
1530. OMEGA HEALTHCARE SERVICES COMMON   2012-05-29 2012-12-04
2630. PEBBLEBROOK HOTEL TRUST COMMON   2012-01-25 2012-12-04
510. PEPSICO INCORPORATED   2011-10-13 2012-12-04
325. PEPSICO INCORPORATED     2012-12-04
1540. PETROLEO BRASILEIRO SA PETROBRAS   2012-11-08 2012-12-04
420. SAP AKTIENGESELLSCHAFT   2011-10-13 2012-12-04
600. STARWOOD HOTELS & RESORTS   2012-01-25 2012-12-04
2030. SWATCH GROUP AG   2012-11-08 2012-12-04
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable)
(g) Cost or other basis
plus expense of sale
(h) Gain or (loss)
(e) plus (f) minus (g)
a 694   1,318 -624
b 32,703   31,814 889
c 23,784   21,924 1,860
d 29,755   32,316 -2,561
e 35,911   36,450 -539
38,236   31,959 6,277
12,221   13,436 -1,215
8,487   16,957 -8,470
36,622   30,383 6,239
35,369   32,679 2,690
30,540   36,890 -6,350
33,548   31,780 1,768
21,065   15,225 5,840
33,407   34,830 -1,423
38,621   31,800 6,821
38,827   41,526 -2,699
7,848   7,024 824
28,448   38,302 -9,854
31,870   31,608 262
211,766   176,862 34,904
36,765   32,774 3,991
44,133   38,276 5,857
40,111   35,248 4,863
30,217   31,219 -1,002
26,294   29,985 -3,691
41,174   31,815 9,359
42,924   34,480 8,444
39,982   32,427 7,555
40,487   32,210 8,277
32,883   29,634 3,249
48,988   39,226 9,762
32,846   32,438 408
43,958   30,845 13,113
29,680   56,143 -26,463
19,926   10,845 9,081
34,159   33,185 974
18,310   32,197 -13,887
37,422   31,286 6,136
75,397   62,926 12,471
32,719   36,662 -3,943
30,923   31,834 -911
37,274   31,771 5,503
36,257   31,392 4,865
5,513   9,823 -4,310
29,086   34,055 -4,969
24,326   23,530 796
30,387   32,071 -1,684
43,645   35,291 8,354
32,575   24,625 7,950
33,771   31,099 2,672
37,409   30,954 6,455
41,208   31,651 9,557
45,104   32,986 12,118
47,524   36,313 11,211
28,579   38,251 -9,672
31,770   36,331 -4,561
39,970   46,467 -6,497
34,196   31,677 2,519
39,420   30,900 8,520
56,761   48,625 8,136
34,862   33,148 1,714
33,022   31,468 1,554
50,056   44,607 5,449
32,065   31,599 466
34,474   32,562 1,912
35,274   30,355 4,919
56,113   48,141 7,972
35,505   31,779 3,726
25,889   15,211 10,678
58,365   49,178 9,187
23,031   34,659 -11,628
28,150   32,569 -4,419
32,689   34,336 -1,647
32,582   32,630 -48
30,859   32,852 -1,993
57,399   54,073 3,326
50,442   43,356 7,086
19,584   23,189 -3,605
37,343   31,256 6,087
45,354   38,289 7,065
31,301   31,448 -147
40,628   33,821 6,807
35,088   32,101 2,987
13,158   7,881 5,277
100,000   100,023 -23
30,721   34,140 -3,419
100,000   100,703 -703
25,503   32,620 -7,117
28,889   31,777 -2,888
18,812   35,475 -16,663
35,422   33,283 2,139
35,830   41,750 -5,920
34,122   15,258 18,864
37,926   31,497 6,429
27,918   32,712 -4,794
22,038   33,143 -11,105
31,069   33,710 -2,641
32,085   32,968 -883
36,178   35,848 330
58,974   54,840 4,134
63,291   61,272 2,019
31,012   33,084 -2,072
27,129   28,974 -1,845
33,226   33,057 169
27,864   36,383 -8,519
23,960   32,409 -8,449
34,103   31,058 3,045
49,906   40,802 9,104
24,385   32,343 -7,958
35,457   32,664 2,793
92,858   104,230 -11,372
51,538   40,769 10,769
49,534   53,425 -3,891
34,792   32,823 1,969
26,928   32,952 -6,024
23,313   32,631 -9,318
55,662   53,887 1,775
32,786   33,136 -350
34,779   32,643 2,136
32,551   26,165 6,386
24,820   32,808 -7,988
33,944   33,271 673
36,525   32,314 4,211
48,098   35,689 12,409
31,063   32,458 -1,395
35,807   33,318 2,489
29,933   32,743 -2,810
48,418   39,812 8,606
29,560   33,137 -3,577
31,123   32,570 -1,447
37,984   35,938 2,046
20,298   32,331 -12,033
37,389   33,117 4,272
31,615   32,639 -1,024
29,318   31,842 -2,524
37,218   33,810 3,408
27,715   31,857 -4,142
45,687   44,595 1,092
34,556   35,247 -691
33,141   35,516 -2,375
35,762   33,050 2,712
36,801   15,662 21,139
32,142   31,232 910
31,158   34,399 -3,241
38,909   31,793 7,116
35,918   33,238 2,680
37,418   31,627 5,791
29,796   32,741 -2,945
73   71 2
150,000   152,102 -2,102
34,769   32,950 1,819
53,312   48,804 4,508
62,208   63,071 -863
52,346   38,007 14,339
34,964   40,744 -5,780
34,109   32,182 1,927
40,009   37,676 2,333
47,857   38,038 9,819
36,516   32,308 4,208
32,492   23,690 8,802
62,786   47,342 15,444
32,570   33,462 -892
37,490   32,305 5,185
34,674   32,431 2,243
53,853   55,682 -1,829
27,330   35,455 -8,125
32,201   31,427 774
34,667   33,577 1,090
40,164   39,229 935
32,432   30,439 1,993
31,193   32,365 -1,172
27,238   32,627 -5,389
39,381   32,693 6,688
54,529   54,911 -382
100,000   98,461 1,539
50,449   35,853 14,596
34,935   36,219 -1,284
46,751   32,936 13,815
41,707   37,559 4,148
39,372   38,946 426
29,173   32,027 -2,854
31   29 2
32,069   33,058 -989
35,102   32,364 2,738
55,857   57,742 -1,885
35,595   31,751 3,844
22,683   16,464 6,219
28,093   32,150 -4,057
33,593   23,421 10,172
31,555   32,886 -1,331
49,206   44,518 4,688
      245
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       -624
b       889
c       1,860
d       -2,561
e       -539
      6,277
      -1,215
      -8,470
      6,239
      2,690
      -6,350
      1,768
      5,840
      -1,423
      6,821
      -2,699
      824
      -9,854
      262
      34,904
      3,991
      5,857
      4,863
      -1,002
      -3,691
      9,359
      8,444
      7,555
      8,277
      3,249
      9,762
      408
      13,113
      -26,463
      9,081
      974
      -13,887
      6,136
      12,471
      -3,943
      -911
      5,503
      4,865
      -4,310
      -4,969
      796
      -1,684
      8,354
      7,950
      2,672
      6,455
      9,557
      12,118
      11,211
      -9,672
      -4,561
      -6,497
      2,519
      8,520
      8,136
      1,714
      1,554
      5,449
      466
      1,912
      4,919
      7,972
      3,726
      10,678
      9,187
      -11,628
      -4,419
      -1,647
      -48
      -1,993
      3,326
      7,086
      -3,605
      6,087
      7,065
      -147
      6,807
      2,987
      5,277
      -23
      -3,419
      -703
      -7,117
      -2,888
      -16,663
      2,139
      -5,920
      18,864
      6,429
      -4,794
      -11,105
      -2,641
      -883
      330
      4,134
      2,019
      -2,072
      -1,845
      169
      -8,519
      -8,449
      3,045
      9,104
      -7,958
      2,793
      -11,372
      10,769
      -3,891
      1,969
      -6,024
      -9,318
      1,775
      -350
      2,136
      6,386
      -7,988
      673
      4,211
      12,409
      -1,395
      2,489
      -2,810
      8,606
      -3,577
      -1,447
      2,046
      -12,033
      4,272
      -1,024
      -2,524
      3,408
      -4,142
      1,092
      -691
      -2,375
      2,712
      21,139
      910
      -3,241
      7,116
      2,680
      5,791
      -2,945
      2
      -2,102
      1,819
      4,508
      -863
      14,339
      -5,780
      1,927
      2,333
      9,819
      4,208
      8,802
      15,444
      -892
      5,185
      2,243
      -1,829
      -8,125
      774
      1,090
      935
      1,993
      -1,172
      -5,389
      6,688
      -382
      1,539
      14,596
      -1,284
      13,815
      4,148
      426
      -2,854
      2
      -989
      2,738
      -1,885
      3,844
      6,219
      -4,057
      10,172
      -1,331
      4,688
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 323,209
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . .
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2011 356,999 6,746,309 0.052918
2010 336,143 6,502,805 0.051692
2009 224,305 6,047,583 0.03709
2008 286,532 6,827,854 0.041965
2007 372,219 7,636,650 0.048741
2 Total of line 1, column (d) ...................... 2 0.232406
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 0.046481
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 6,474,450
5 Multiply line 4 by line 3....................... 5 300,939
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 4,123
7 Add lines 5 and 6......................... 7 305,062
8 Enter qualifying distributions from Part XII, line 4.............. 8 168,000
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)
Form 990-PF (2012)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 8,247
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 8,247
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 8,247
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 3,060
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 3,060
8 Enter any penalty for underpayment of estimated tax. if 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.......Bullet 9 5,187
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet   Refunded Bullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletVA
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletBRANCH BANKING & TRUST COMPANY Telephone no.bullet (703) 383-5000
    Located atbullet4117 CHAIN BRIDGE RDFAIRFAXVA ZIP+4bullet220304120
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2012?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2012.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2012?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to
    employee benefit plans
    and deferred compensation
    (e) Expense account,
    other allowances
    BRANCH BANKING AND TRUST COMPANY TRUSTEE
    1
    75,576    
    4117 CHAIN BRIDGE RD
    FAIRFAX,VA220304120
    KAREN N CONRAD C0-TRUSTEE
    1
    6,000    
    PO BOX 37
    GOSHEN,KY40026
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    6,324,878
    b
    Average of monthly cash balances.......................
    1b
    248,168
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,573,046
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    6,573,046
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    98,596
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,474,450
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    323,723
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    323,723
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    8,247
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,247
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    315,476
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    315,476
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    315,476
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    168,000
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    168,000
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    168,000
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2011
    (c)
    2011
    (d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7 315,476
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 0
    b Total for prior years:2010, 20, 20 0
    3 Excess distributions carryover, if any, to 2012:
    a From 2007....... 0
    b From 2008....... 0
    c From 2009....... 0
    d From 2010....... 13,485
    e From 2011....... 25,804
    fTotal of lines 3a through e......... 39,289
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 168,000
    a Applied to 2011, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......
    0
    c Treated as distributions out of corpus (Election
    required—see instructions).........
    0
    d Applied to 2012 distributable amount..... 168,000
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2012. 39,289 39,289
    (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 ..........
    108,187
    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)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2012, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail of the person to whom applications should be addressed:
    BRANCH BANKING TRUST COMPANY
    6400 ARLINGTON BLVD
    FALLS CHURCH,VA22042
    (703) 241-3168
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER FORM-FUNDS RESTRICTED TO WASHINGTON METRO AREA TO (1) PROVIDE CARE AND AID, AND DELIVER/REDUCED MEALS, VISITING NURSE ORGANIZATIONS AND PROVIDE ROUTINE OR SPECIAL TRANSPORATION FOR THE ELDERLY
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    (CONTINUED) (2) PROVIDE FOOD, SHELTER, MEDICAL CARE & HOUSING TO DISADVANTAGED CHILDREN, (3) PROVIDE HOSPICE CARE FOR TERMINALLY ILL PATIENTS AND (4) SUPPORT CAREGIVERS ORGANIZATIONS
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    SEABURY RESOURCES FOR AGING
    900 SECOND STREET STE 206
    WASHINGTON,DC20002
    NONE EXEMPT GENERAL FUND 12,000
    WE ARE FAMILY SENIOR OUTREACH
    NETWORK
    1405 MONROE ST NW
    WASHINGTON,DC20010
    NONE EXEMPT COMMUNITY 12,000
    ALZHEIMER'S ASSOCIATION
    ATTN SUSAN SANDLER
    SUITE 400
    FAIRFAX,VA22030
    NONE EXEMPT GENERAL FUND 12,000
    SHEPHERDS CENTER OF OAKTON-VIENNA
    c/o VIENNA BAPTIST CHURCH
    541 MARCHALL ROAD SW
    VIENNA,VA22180
    NONE PUBLIC GENERAL GRANT 12,000
    COURTNEY'S HOUSE
    PO BOX 48626
    WASHINGTON,DC20002
    NONE EXEMPT COMMUNITY 12,000
    SASHA BRUCE YOUTHWORK INC
    AKA SBY
    745 8TH ST SE
    WASHINGTON,DC20003
    NONE EXEMPT COMMUNITY 12,000
    PARTNERS IN CARE INC
    6 S RITCHIE HIGHWAY
    PASADENA,MD21122
    NONE EXEMPT COMMUNITY 12,000
    LITTLE SISTERS OF THE POOR OF
    WASHINGTON DC
    4200 HAREWOOD ROAD
    WASHINGTON,DC20017
    NONE EXEMPT GENERAL FUNDS 12,000
    LISNER LOUISE DICKSON HURT HOME
    542 WESTERN AVE NW
    WASHINGTON,DC20015
    NONE EXEMPT GENERAL FUNDS 12,000
    ALTERNATIVE HOUSE
    PO BOX 694
    DUNN LORING,VA22207
    NONE EXEMPT COMMUNITY 12,000
    DOORWAYS FOR WOMEN AND FAMILIES
    P O BOX 100185
    ARLINGTON,VA22210
    NONE EXEMPT GENERAL FUNDS 12,000
    CARPENTER'S SHELTER INC
    930 NORTH HENRY STREET
    ALEXANDRIA,VA22314
    NONE EXEMPT GENERAL FUND 12,000
    CAPITAL HOSPICE
    9300 LEE HIGHWAY
    FAIRFAX,VA22031
    NONE EXEMPT GENERAL FUNDS 12,000
    JEANIE SCHMIDT FREE CLINIC
    500 GROOVE STREET STE 330
    HERNDON,VA20172
    NONE EXEMPT GENERAL FUNDS 12,000
    Total .................................bullet 3a 168,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 25,780  
    4 Dividends and interest from securities....     14 140,547  
    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     18 323,209  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aREBATE REFUND     14 8,625  
    bLITIGATION PROCEED     14 7  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   498,168  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13498,168
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2012 OtherDecreasesSchedule
    Name:
    ADA L AND ALBERT M WIBEL FOUNDATION
    EIN: 20-6966139
    Description Amount
    ACCRUED INTEREST CARRYOVER 262
    ADJUSTMENT FOR ROUNDING 8