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
PATRICK FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)12 MURRAY BLVD   Room/suite
City or town, state, and ZIP code
CHARLESTON, SC29401
A Employer identification number

20-3309379
B Telephone number (see instructions)

(843) 724-4000
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$1,932,543J 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 6 6  
4 Dividends and interest from securities...... 55,777 55,777  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment -9,160
b Gross sales price for all assets on line 6a 499,459
7 Capital gain net income (from Part IV, line 2)... 5,441
8 Net short-term capital gain.........  
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)....... Click to see attachment 341 341  
12 Total. Add lines 1 through 11........ 46,964 61,565  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,735 1,735    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 2,379 2,379    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 18,410 15,813   2,597
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 22,524 19,927   2,597
25 Contributions, gifts, grants paid........ 96,000 96,000
26 Total expenses and disbursements. Add lines 24 and 25 118,524 19,927   98,597
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -71,560
b Net investment income (if negative, enter -0-) 41,638
c Adjusted net income (if negative, enter -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............... 567,486 16,961 16,961
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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 bullet        
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)........ 634,845 Click to see attachment1,091,039 1,215,959
c Investments—corporate bonds (attach schedule)........ 501,960 Click to see attachment487,288 515,366
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 123,188 Click to see attachment157,222 184,257
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,827,479 1,752,510 1,932,543
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 1,425,000 1,425,000
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 402,479 327,510
30 Total net assets or fund balances (see page 17 of the
instructions).................... 1,827,479 1,752,510
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 1,827,479 1,752,510
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 1,827,479
2 Enter amount from Part I, line 27a..................... 2 -71,560
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 1,755,919
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 3,409
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 1,752,510
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.)
1a
b
c
d
e
(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
b
c
d
e
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
b
c
d
e
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 5,441
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 79,763 1,847,286 0.043178
2010 45,727 1,338,403 0.034165
2009 74,091 1,131,135 0.065501
2008 60,972 1,336,178 0.045632
2007 82,470 1,662,572 0.049604
2 Total of line 1, column (d) ...................... 2 0.238080
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 0.047616
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 1,885,548
5 Multiply line 4 by line 3....................... 5 89,782
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 416
7 Add lines 5 and 6......................... 7 90,198
8 Enter qualifying distributions from Part XII, line 4.............. 8 98,597
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 1 416
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  
3 Add lines 1 and 2............................ 3 416
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 416
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 1,133
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,133
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 717
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet717 Refunded Bullet 11  
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)
    bulletSC
    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
     
     
    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 addressbulletN/A
    14
    The books are in care ofbulletWELLS FARGO Telephone no.bullet (843) 724-4000
    Located atbullet177 MEETING ST 4TH FLOORCHARLESTONSC ZIP+4bullet29401
    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
     
     
    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
    CELESTE PATRICKClick to see attachment SECRETARY/TR
    10.00     		0 0 0
    12 MURRAY BLVD
    CHARLESTON,SC29401
    CHARLES W PATRICK JRClick to see attachment PRESIDENT
    10.00     		0 0 0
    12 MURRAY BLVD
    CHARLESTON,SC29401
    LAURA PATRICKClick to see attachment BOARD MEMBER
    5.00     		0 0 0
    12 MURRAY BLVD
    CHARLESTON,SC29401
    CHARLES PATRICK IIIClick to see attachment BOARD MEMBER
    5.00     		0 0 0
    12 MURRAY BLVD
    CHARLESTON,SC29401
    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  
    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)
    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 N/A  
    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
    1,879,237
    b
    Average of monthly cash balances.......................
    1b
    35,025
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,914,262
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    1,914,262
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    28,714
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,885,548
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    94,277
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    94,277
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    416
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    416
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    93,861
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    93,861
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    93,861
    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
    98,597
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    98,597
    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
    416
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    98,181
    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 93,861
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 7,714
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007.......  
    b From 2008.......  
    c From 2009.......  
    d From 2010.......  
    e From 2011.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 98,597
    a Applied to 2011, but not more than line 2a 7,714
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2012 distributable amount..... 90,883
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2012.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		2,978
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2008....  
    b Excess from 2009....  
    c Excess from 2010....  
    d Excess from 2011....  
    e Excess from 2012....  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2012, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail of the person to whom applications should be addressed:
    THE PATRICK FAMILY FOUNDATION
    C/O WELLS FARGO
    177 MEETING ST 4TH FLOOR
    CHARLESTON,SC29401
    (843) 724-4000
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS SHOULD BE WRITTEN, OUTLINING THE PURPOSE FOR WHICH THE FUNDS WILL BE USED.
    cAny submission deadlines:
    APRIL 30TH FOR MAY MEETING & OCTOBER 31ST FOR THE NOVEMBER MEETING.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ORGANIZATION MUST BE A 501(C)(3), CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES.
    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
    AMERICAN CIVIL LIBERTIES UNION OF S
    PO BOX 20998
    CHARLESTON,SC29413     		    GENERAL SUPPORT 2,500
    AMERICAN CIVIL LIBERTIES UNION OF S
    PO BOX 20998
    CHARLESTON,SC29413     		    GENERAL SUPPORT 2,500
    AMERICAN RED CROSS LOWCOUNTRY CHAPT
    8085 RIVERS AVE
    N CHARLESTON,SC29403     		    GENERAL SUPPORT 12,500
    CHARLESTON PROMISE NEIGHBORHOOD
    975 MORRISON DRIVE 1
    CHARLESTON,SC29403     		    GENERAL SUPPORT 20,000
    CONSERVATION VOTERS OF SC EDUCATION
    701 WHALEY STREET
    COLUMBIA,SC29201     		    GENERAL SUPPORT 2,500
    CRISIS MINISTRIES
    573 MEETING STREET
    CHARLESTON,SC29413     		    GENERAL SUPPORT 25,000
    EAST COOPER MEALS ON WHEELS
    2304 US 17
    MT PLEASANT,SC29466     		    GENERAL SUPPORT 2,500
    GEORGIA INNOCENCE PROJECT
    2645 N DECATUR RD
    DECATUR,GA30033     		    GENERAL SUPPORT 2,000
    LOWCOUNTRY LOCAL FIRST
    1345 AVENUE G AA
    N CHARLESTON,SC29405     		    GENERAL SUPPORT 5,000
    PET HELPERS INC
    1447 FOLLY ROAD
    CHARLESTON,SC29412     		    GENERAL SUPPORT 2,500
    SOUTHERN ENVIRONMENTAL LAW CENTER
    201 WEST MAIN ST STE 14
    CHARLOTTESVILLE,VA22902     		    GENERAL SUPPORT 5,000
    SOUTHERN ENVIRONMENTAL LAW CENTER
    201 WEST MAIN ST STE 14
    CHARLOTTESVILLE,VA22902     		    GENERAL SUPPORT 10,000
    WINGS FOR KIDS
    3347 RIVERS AVE
    CHARLESTON,SC29405     		    GENERAL SUPPORT 1,500
    YO ART INC
    PO BOX 12397
    CHARLESTON,SC29422     		    GENERAL SUPPORT 2,500
    Total .................................bullet 3a 96,000
    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         6
    4 Dividends and interest from securities....     1 55,777  
    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.....         341
    8Gain or (loss) from sales of assets other than inventory         -9,160
    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)..   55,777 -8,813
    13Total. Add line 12, columns (b), (d), and (e)..................
    1346,964
    (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 AccountingFeesSchedule
    Name:
    PATRICK FAMILY FOUNDATION
    EIN: 20-3309379
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 1,735 1,735    

    TY 2012 CompensationExplanation
    Name:
    PATRICK FAMILY FOUNDATION
    EIN: 20-3309379
    Person Name Explanation
    CELESTE PATRICK  
    CHARLES W PATRICK JR  
    LAURA PATRICK  
    CHARLES PATRICK III  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2012 GainLossSaleOtherAssetsSch
    Name:
    PATRICK FAMILY FOUNDATION
    EIN: 20-3309379
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    BAKER HUGHES INC 2012-01 PURCHASE 2012-05   3,309 3,760     -451  
    BAKER HUGHES INC 2012-01 PURCHASE 2012-05   3,088 3,619     -531  
    ACCO BRANDS CORP 2012-01 PURCHASE 2012-05   7 7        
    ACCO BRANDS CORP 2012-01 PURCHASE 2012-05   298 318     -20  
    PIMCO TOTAL RETURN FUND 2012-03 PURCHASE 2012-05   3,913 3,878     35  
    DODGE & COX INCOME FUND 2012-03 PURCHASE 2012-05   3,007 3,018     -11  
    PIMCO EMERGING MARKETS BOND FUND 2012-03 PURCHASE 2012-05   1,026 1,046     -20  
    T ROWE PRICE REAL ESTATE FUND 2012-03 PURCHASE 2012-05   6,981 7,024     -43  
    ISHARES IBOXX INVESTMENT GRADE 2012-03 PURCHASE 2012-05   2,662 2,681     -19  
    PHILLIPS 66 2012-01 PURCHASE 2012-05   764 832     -68  
    PHILLIPS 66 2012-01 PURCHASE 2012-05   1,169 1,239     -70  
    ACCO BRANDS CORP 2012-01 PURCHASE 2012-05   368 380     -12  
    ACCO BRANDS CORP 2012-01 PURCHASE 2012-05   256 266     -10  
    PHILLIPS 66 2012-01 PURCHASE 2012-05   16 17     -1  
    WYNN RESORTS LTD 2012-01 PURCHASE 2012-06   3,500 3,958     -458  
    FORD MOTOR COMPANY 2012-01 PURCHASE 2012-06   3,138 3,810     -672  
    FORD MOTOR COMPANY 2012-01 PURCHASE 2012-06   3,975 4,362     -387  
    CARDINAL HEALTH INC 2012-01 PURCHASE 2012-06   5,412 5,392     20  
    MARVELL TECHNOLOGY GROUP 2012-01 PURCHASE 2012-06   8,379 11,109     -2,730  
    WYNN RESORTS LTD 2012-01 PURCHASE 2012-06   3,000 3,343     -343  
    ISHARES IBOXX INVESTMENT GRADE 2012-03 PURCHASE 2012-08   1,206 1,166     40  
    PIMCO FOREIGN BOND UNHEDGED 2012-03 PURCHASE 2012-08   7,658 7,478     180  
    ISHARES TR RUSSELL MIDCAP 2012-05 PURCHASE 2012-08   470 463     7  
    ISHARES S & P 500 INDEX 2012-03 PURCHASE 2012-08   22,394 22,337     57  
    PIMCO EMERGING LOCAL BOND 2012-05 PURCHASE 2012-08   202 195     7  
    ISHARES RUSSELL 2000 GROWTH 2012-08 PURCHASE 2012-09   2,093 1,953     140  
    ISHARES IBOXX INV GR 2012-03 PURCHASE 2012-09   7,417 7,110     307  
    ISHARES RUSSELL 2000 GROWTH 2012-05 PURCHASE 2012-09   1,618 1,466     152  
    T ROWE PRICE REAL ESTATE FUND 2012-03 PURCHASE 2012-09   4,991 4,703     288  
    ASTISAN MID CAP VAUE FUND 2012-03 PURCHASE 2012-09   30,231 30,587     -356  
    PIMCO FOREIGN BD FD USD H-INST 2012-08 PURCHASE 2012-09   9,275 9,062     213  
    DODGE & COX INCOME FUND 2012-08 PURCHASE 2012-09   1,497 1,495     2  
    DODGE & COX INCOME FUND 2012-03 PURCHASE 2012-09   5,556 5,503     53  
    PIMCO TOTAL RET FD-INST 35 2012-08 PURCHASE 2012-09   669 662     7  
    PIMCO TOTAL RET FD-INST 35 2012-03 PURCHASE 2012-09   7,146 6,874     272  
    WELLS FARGO ADV EMG MK 2012-08 PURCHASE 2012-09   685 642     43  
    WELLS FARGO ADV EMG MK 2012-05 PURCHASE 2012-09   680 613     67  
    PENTAIR LTF 2012-01 PURCHASE 2012-10   34 29     5  
    ING INTERNATIONAL REAL EST 2012-09 PURCHASE 2012-12   5,000 4,713     287  
    T ROWE PRICE REAL ESTATE FUND 2012-03 PURCHASE 2002-12   5,000 4,748     252  
    PIMCO EMERGING LOCAL BOND 2011-03 PURCHASE 2012-03   28,521 27,682     839  
    PIMCO FOREIGN BD FD USD H-INST 2011-03 PURCHASE 2012-03   7,311 7,052     259  
    PIMCO REAL RETURN BOND FD-1 2011-03 PURCHASE 2012-03   1,038 997     41  
    OPPENHEIMER DEVEOPING MARKET 2011-03 PURCHASE 2012-03   8,057 8,234     -177  
    ISHARES SS&P MIDCAP 400 GROWTH 2011-11 PURCHASE 2012-03   3,103 2,804     299  
    OAKMARK INTERNATIONAL FD 109 2011-03 PURCHASE 2012-03   22,824 23,051     -227  
    ROYCE PREMIER FUND W CLASS 2011-03 PURCHASE 2012-03   2,098 2,141     -43  
    RIDGEORTH FD-MIDCAP 2011-03 PURCHASE 2012-03   54,164 62,000     -7,836  
    WELS FARGO ADV EMG MK 2011-12 PURCHASE 2012-03   713 662     51  
    WELLS FARGO ADV EMG MK 2005-10 PURCHASE 2012-03   7,669 6,167     1,502  
    PIMCO LOW DURATION FD 2010-11 PURCHASE 2012-03   29,266 29,912     -646  
    PIMCO FOREIGN BD FD USD H-INST 2007-06 PURCHASE 2012-03   6,242 5,754     488  
    PIMCO FOREIGN BD FD USD H-INST 2010-12 PURCHASE 2012-03   930 900     30  
    PIMCO FOREIGN BD FD USD H-INST 2010-12 PURCHASE 2012-03   856 825     31  
    ISHARES RUSSEL 2000 GROWTH 2007-02 PURCHASE 2012-03   2,979 2,668     311  
    HARBOR INTERNATIONAL FD INST 2008-01 PURCHASE 2012-03   24,249 28,179     -3,930  
    PIMCO COMMODITY REAL RETURN 2010-12 PURCHASE 2012-03   1,133 1,518     -385  
    ISHARES TR RUSSELL MIDCAP GROWTH 2011-02 PURCHASE 2012-03   1,355 1,350     5  
    ISHARES TR RUSSELL MIDCAP GROWTH 2011-12 PURCHASE 2012-03   123 113     10  
    WELLS FARGO ADV EMG MK 2005-11 PURCHASE 2012-03   1,606 1,243     363  
    PIMCO HIGH YIELD 2005-12 PURCHASE 2012-05   20 21     -1  
    PIMCO HIGH YIELD 2005-10 PURCHASE 2012-05   1,275 1,360     -85  
    PIMCO FOREIGN BOND UNHEDGED 2011-05 PURCHASE 2012-05   755 754     1  
    PIMCO FOREIGN BD FD USD H-INST 2007-06 PURCHASE 2012-05   859 785     74  
    PRINCIPAL PREFERRED SEC 2011-03 PURCHASE 2012-05   1,402 1,438     -36  
    PIMCO HIGH YIELD 2005-11 PURCHASE 2012-05   1,502 1,583     -81  
    PIMCO REAL RETURN BOND FD-1 2011-03 PURCHASE 2012-05   1,015 955     60  
    PIMCO LOW DURATION FD 2011-03 PURCHASE 2012-05   1,098 1,095     3  
    PIMCO LOW DURATION FD 2010-11 PURCHASE 2012-05   62 63     -1  
    PIMCO HIGH YIELD 2005-11 PURCHASE 2012-08   764 785     -21  
    OPPENHEIMER DEVEOPING MARKET 2011-03 PURCHASE 2012-08   305 328     -23  
    HARBOR INTERNATIONAL FD INST 2008-01 PURCHASE 2012-08   8,865 10,975     -2,110  
    OAKMARK INTERNATIONAL FD 109 2011-03 PURCHASE 2012-08   9,618 10,701     -1,083  
    PIMCO EMERGIN LOCAL BOND 2011-03 PURCHASE 2012-08   37,672 37,318     354  
    PIMCO FOREIGN BOND UNHEDGED 2011-05 PURCHASE 2012-08   10,930 10,841     89  
    ISHARES TR RUSSELL MIDCAP GROWTH 2010-11 PURCHASE 2012-08   16,436 14,854     1,582  
    ISHARES TR RUSSELL MIDCAP GROWTH 2010-12 PURCHASE 2012-08   1,702 1,642     60  
    PIMCO HIGH YIELD 2005-11 PURCHASE 2012-09   3,000 3,022     -22  
    OPPENHEIMER DEVEOPING MARKET 2011-03 PURCHASE 2012-09   21,000 20,889     111  
    OPPENHEIMER DEVEOPING MARKET 2011-03 PURCHASE 2012-09   170 172     -2  
    PIMCO HIGH YIELD 2005-11 PURCHASE 2012-09   1,149 1,169     -20  
    PIMCO COMMODITY REAL RETURN 2010-12 PURCHASE 2012-09   2,092 2,759     -667  

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    PATRICK FAMILY FOUNDATION
    EIN: 20-3309379
    Name of Bond End of Year Book Value End of Year Fair Market Value
    DODGE & COX INCOME FUND 71,826 77,837
    ISHARES IBOXX INVESTMENT GRADE 70,671 77,313
    PIMCO EMERGING LOCAL BOND FUND    
    PIMCO EMERGING MARKETS BOND FUND 52,864 59,580
    PIMCO FOREIGN BOND FUND UNHEDGED    
    PIMCO FOREIGN BOND FUND HEDGED 27,530 29,115
    PIMCO HIGH YIELD FUND 77,194 78,819
    PIMCO LOW DURATION FUND CLASS 38,159 38,264
    PIMCO REAL RETURN FUND CLASS INST 17,954 18,969
    PIMCO TOTAL RETURN FUND 74,237 77,102
    PRINCIPAL PREFERRED SECURITIES FUND 56,853 58,367

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    PATRICK FAMILY FOUNDATION
    EIN: 20-3309379
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ASCENA RETAIL GROUP INC 5,875 6,834
    COMCAST CORP CLASS A 11,053 16,252
    HOME DEPOT INC 8,824 12,679
    JOHNSON CONTROLS INC 3,426 3,680
    MCDONALDS CORP 4,983 4,411
    TARGET CORP 8,095 9,763
    WALT DISNEY CO 3,498 4,481
    COCA COLA CO 9,978 10,513
    COSTCO WHOLESALE CORP 7,977 9,873
    KRAFT FOODS GROUP INC 3,169 3,638
    MONDELEZ INTERNATIONAL INC 5,861 6,109
    PROCTER & GAMBLE CO 15,119 15,615
    APACHE CORP 3,308 3,140
    CONOCOPHILLIPS 7,024 7,249
    EXXON MOBIL CORPORATION 10,238 10,386
    NATIONAL OIL WELL CARCO INC COM 11,820 10,936
    BERKSHIRE HATHAWA INC 4,047 4,485
    CAPITAL ONE CINANCIAL CORP 11,480 14,483
    INTERCONTINENTAL EXCHANGE 8,092 8,667
    JPMORGAN CHASE & CO 7,855 9,673
    US BANCORP DEL NEW 3,765 3,993
    BRISTOL MEYERS SQUIBB CO 16,059 15,480
    GILEAD SCIENCES INC 12,740 20,933
    JOHNSON & JOHNSON 15,302 16,474
    MCKESSON CORP 11,677 14,544
    UNITED HEALTH GROUP INC 10,225 10,577
    ADT CORP 3,481 5,114
    DANAHER CORP 9,763 10,901
    EMERSON ELECTRIC CO 12,283 13,240
    GENERAL ELECTRIC CO 10,884 12,069
    HONEYWELL INTERNATIONAL INC 11,054 12,377
    PENTAIR LTD 1,875 2,556
    TIMKEN CO 12,326 13,632
    UNION PACIFIC CORP 4,416 5,029
    UNITED TECHNOLOGIES CORP 10,198 11,071
    APPLE INC 16,876 21,287
    CISCO SYSTEMS INC 8,012 8,253
    GOOGLE INC 5,704 7,074
    INEL CORP 14,309 11,444
    INTUIT COM 11,882 12,787
    MICROSOFT CORP 12,160 11,352
    ORACLE CORPORATION 12,621 15,494
    QUALCOMM INC 8,665 9,588
    ECOLAB INC 8,916 10,785
    MEASWESTVACO 7,869 9,242
    CENTURYLINC INC 10,959 11,736
    VERIZON COMMUNICATIONS 3,894 4,327
    PUBLIC SVC ENTERPRIZE GROUP 12,952 12,699
    ACE LIMITED 14,098 15,960
    ANHEUSER-BUSH INBEV SPN 12,736 18,356
    DIAGO PLC ADR 3,925 4,663
    SCHLUMBERGER LTD 7,401 6,930
    TYCO INTENATIONAL LTD NEW 5,323 6,435
    ARTISAN MID CAP VALUE FUND 18,793 18,365
    ISHARES CORE SP 500 ETF 57,790 64,127
    ISHARES RUSSELL 2000 GROWTH INDEX FU 36,495 48,703
    ISHARES SP MIDCAP 400 GROWTH 99,871 112,351
    ROYCE PREMIER FUND W CLASS566 50,405 50,704
    SPDR SP 500 ETF TRUST 18,896 19,937
    RIDGEWORTH FD-MIDCAP VALUE EQUITY    
    ISHARES TR RUSSELL MIDCAP GROWTH    
    HARBOR INTERNATIONAL FUND CLASS 128,244 126,382
    OAKMARK FUNDS - THE OAKMARK INTERNAT 123,045 133,958
    OPPENHEIMER DEVELOPING MKT 39,425 40,853
    WELLS FARGO ADVANTAGE 42,003 61,310

    TY 2012 InvestmentsOtherSchedule2
    Name:
    PATRICK FAMILY FOUNDATION
    EIN: 20-3309379
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ING INTERNATIONAL REAL ESTATE AT COST 37,774 45,466
    PIMCO COMMODITY REAL RETURN AT COST 61,208 55,432
    ROWE T PRICE REAL ESTATE FUND AT COST 58,240 83,359

    TY 2012 OtherDecreasesSchedule
    Name:
    PATRICK FAMILY FOUNDATION
    EIN: 20-3309379
    Description Amount
    DIFFERENCE IN SWEEP ACCOUNT ACTIVITY IN TRANSIT 3,409


    TY 2012 OtherExpensesSchedule
    Name:
    PATRICK FAMILY FOUNDATION
    EIN: 20-3309379
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INVESTMENT FEES 18,404 15,807   2,597
    INVESTMENT EXPENSES 6 6    


    TY 2012 OtherIncomeSchedule2
    Name:
    PATRICK FAMILY FOUNDATION
    EIN: 20-3309379
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    NONDIVIDEND DISTRIBUTIONS 341 341  


    TY 2012 TaxesSchedule
    Name:
    PATRICK FAMILY FOUNDATION
    EIN: 20-3309379
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 666 666    
    2011 EXCISE TAX 567 567    
    2011 ESTIMATED TAX 1,146 1,146