TY 2013 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bullet

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2013

Open to Public Inspection

For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013

Name of foundation
GEORGE W NEILSON FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 692 Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BEMIDJI, MN566190692

A Employer identification number

41-6022186

B Telephone number (see instructions)

(218) 444-4963

C If exemption application is pending, check here bullet

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

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

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

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

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

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

$32,409,544J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments	15		15
4	Dividends and interest from securities......	908,812		908,812
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		2,451,985
b	Gross sales price for all assets on line 6a 10,467,153
7	Capital gain net income (from Part IV, line 2)...			2,451,985
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).......		5,433	5,433
12	Total. Add lines 1 through 11........	3,366,245		3,366,245
13	Compensation of officers, directors, trustees, etc.	50,000		0	50,000
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		5,700	0	5,700
c	Other professional fees (attach schedule)....		119,243	107,319	11,924
17	Interest...............
18	Taxes (attach schedule) (see instructions)		58,278	3,855	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		81,498	64,670	16,163
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	314,719		175,844	83,787
25	Contributions, gifts, grants paid........	1,434,406			1,434,406
26	Total expenses and disbursements. Add lines 24 and 25	1,749,125		175,844	1,518,193
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	1,617,120
b	Net investment income (if negative, enter -0-)			3,190,401
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2013)

Form 990-PF (2013)

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
Part II		Balance Sheets		(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............		83,186	124,246	124,246
	2	Savings and temporary cash investments..........		342,782	337,595	337,595
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)		639,376	515,333	488,679
	b	Investments—corporate stock (attach schedule)........		14,910,560	16,800,142	24,868,980
	c	Investments—corporate bonds (attach schedule)........		6,236,043	5,906,186	6,134,638
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........		145,193	290,758	455,406
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)		22,357,140	23,974,260	32,409,544
		17	Accounts payable and accrued expenses..........
18		Grants payable...................
19		Deferred revenue..................
20		Loans from officers, directors, trustees, and other disqualified persons
21		Mortgages and other notes payable (attach schedule)......
22		Other liabilities (describe )
23		Total liabilities (add lines 17 through 22)..........		0	0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................		22,357,140	23,974,260
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........
	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)....................		22,357,140	23,974,260
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................		22,357,140	23,974,260

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	22,357,140
2	Enter amount from Part I, line 27a.....................	2	1,617,120
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	23,974,260
5	Decreases not included in line 2 (itemize)	5	0
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	23,974,260

Form 990-PF (2013)

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	KRAFT FOODS GROUP INC	P	2012-11-19	2013-03-01
b	DEVON ENERGY CORPORATION	P	2012-07-18	2013-11-01
c	DEVON ENERGY CORPORATION	P	2012-11-19	2013-11-01
d	DEVON ENERGY CORPORATION	P	2013-07-01	2013-11-01
e	AFLAC INC	P	2012-11-19	2013-01-22
	AFLAC INC	P	2013-07-01	2013-01-22
	PIONEER NAT RES CO	P	2012-01-11	2013-02-22
	PIONEER NAT RES CO	P	2012-11-19	2013-02-22
	PIONEER NAT RES CO	P	2013-07-01	2013-02-22
	DU PONT E I DE NEMOURS & CO	P	2012-11-19	2013-02-25
	SUNTRUST BKS INC	P	2012-07-09	2013-02-27
	SUNTRUST BKS INC	P	2012-07-09	2013-02-27
	SUNTRUST BKS INC	P	2013-07-01	2013-02-27
	ALLEGHENY TECHNOLOGIES INC	P	2012-11-10	2013-02-28
	ALLEGHENY TECHNOLOGIES INC	P	2012-12-10	2013-02-28
	ALLEGHENY TECHNOLOGIES INC	P	2012-12-10	2013-02-28
	ALLEGHENY TECHNOLOGIES INC	P	2012-10-23	2013-02-28
	CLIFFS NATURAL RESOURCES INC	P	2012-12-14	2013-02-28
	CLIFFS NATURAL RESOURCES INC	P	2012-12-14	2013-02-28
	ALLEGHENY TECHNOLOGIES INC	P	2013-07-01	2013-02-28
	CLIFFS NATURAL RESOURCES INC	P	2013-07-01	2013-02-28
	BANK OF AMERICA CORP	P	2012-11-14	2013-11-03
	BANK OF AMERICA CORP	P	2012-11-19	2013-11-03
	MASTERCARD INC	P	2012-11-19	2013-11-03
	VISA INC	P	2012-11-19	2013-11-03
	BANK OF AMERICA CORP	P	2013-07-01	2013-11-03
	MASTERCARD INC	P	2013-07-01	2013-11-03
	VISA INC	P	2013-07-01	2013-11-03
	CENTERPOINT ENERGY INC	P	2012-11-19	2013-03-15
	QUALCOMM INC	P	2012-11-19	2013-03-15
	ST JUDE MED INC	P	2012-11-29	2013-03-15
	ST JUDE MED INC	P	2012-03-12	2013-03-15
	CENTERPOINT ENERGY INC	P	2013-07-01	2013-03-15
	QUALCOMM INC	P	2013-07-01	2013-03-15
	ST JUDE MED INC	P	2013-07-01	2013-03-15
	BOEING CO	P	2012-11-19	2013-03-21
	BOEING CO	P	2013-07-01	2013-03-21
	WINTRUST FINL CORP	P	2012-07-19	2013-03-25
	WINTRUST FINL CORP	P	2013-07-01	2013-03-25
	WINTRUST FINL CORP	P	2012-07-18	2013-03-26
	WINTRUST FINL CORP	P	2012-07-18	2013-03-26
	WINTRUST FINL CORP	P	2012-07-19	2013-03-26
	WINTRUST FINL CORP	P	2012-07-19	2013-03-26
	WINTRUST FINL CORP	P	2012-07-19	2013-03-27
	WINTRUST FINL CORP	P	2012-07-23	2013-03-27
	WINTRUST FINL CORP	P	2012-07-24	2013-03-27
	WINTRUST FINL CORP	P	2012-07-25	2013-03-27
	WINTRUST FINL CORP	P	2012-07-17	2013-03-28
	WINTRUST FINL CORP	P	2012-07-23	2013-03-28
	WINTRUST FINL CORP	P	2012-07-23	2013-03-28
	WINTRUST FINL CORP	P	2012-07-17	2013-01-04
	WINTRUST FINL CORP	P	2012-07-17	2013-02-04
	WINTRUST FINL CORP	P	2012-07-17	2013-02-04
	YUM BRANDS INC	P	2012-11-19	2013-02-04
	YUM BRANDS INC	P	2013-07-01	2013-02-04
	WINTRUST FINL CORP	P	2012-07-17	2013-04-04
	WINTRUST FINL CORP	P	2012-11-19	2013-04-04
	EXXON MOBIL CORP	P	2012-11-19	2013-11-04
	EXXON MOBIL CORP	P	2013-07-01	2013-11-04
	FREEPORT MCMORAN COPPER GOLD	P	2012-12-14	2013-04-19
	FREEPORT MCMORAN COPPER GOLD	P	2013-07-01	2013-04-19
	FREEPORT MCMORAN COPPER GOLD	P	2013-11-03	2013-04-19
	FREEPORT MCMORAN COPPER GOLD	P	2013-11-03	2013-04-19
	FREEPORT MCMORAN COPPER GOLD	P	2013-04-15	2013-04-19
	STAPLES INC	P	2013-02-19	2013-04-23
	STAPLES INC	P	2013-02-19	2013-04-24
	ALLEGHENY TECHNOLOGIES INC	P	2012-12-10	2013-06-06
	ALLEGHENY TECHNOLOGIES INC	P	2012-12-10	2013-07-06
	ALLEGHENY TECHNOLOGIES INC	P	2012-10-15	2013-07-06
	SEAGATE TECHNOLOGY	P	2012-11-19	2013-10-06
	SEAGATE TECHNOLOGY	P	2013-07-01	2013-10-06
	SEAGATE TECHNOLOGY	P	2013-04-15	2013-10-06
	ALLEGHENY TECHNOLOGIES INC	P	2012-10-15	2013-12-06
	MARATHON OIL CORPORATION	P	2012-11-19	2013-12-06
	MARATHON OIL CORPORATION	P	2013-07-01	2013-12-06
	ROCKWELL AUTOMATION INC	P	2013-07-01	2013-12-06
	MORGAN STANLEY	P	2013-01-23	2013-12-06
	STAPLES INC	P	2013-02-19	2013-12-06
	RIO TINTO PLC A D R	P	2013-02-25	2013-12-06
	GOLAR LNG LTD	P	2013-02-25	2013-12-06
	LYONDELLBASELL INDUSTRIES CL A	P	2013-02-28	2013-12-06
	LINCOLN NATL CORP IND	P	2013-11-03	2013-12-06
	XYLEM INC	P	2013-03-22	2013-12-06
	POLARIS INDS INC	P	2013-03-28	2013-12-06
	DEVON ENERGY CORPORATION	P	2013-11-04	2013-12-06
	ASTRAZENECA P L C SPSD A D R	P	2013-04-15	2013-12-06
	BANK OF AMERICA CORP	P	2013-04-15	2013-12-06
	C M S ENERGY CORP	P	2013-04-15	2013-12-06
	CISCO SYS INC	P	2013-04-15	2013-12-06
	CRANE CO	P	2013-04-15	2013-12-06
	DOVER CORP	P	2013-04-15	2013-12-06
	LOWES CO INC	P	2013-04-15	2013-12-06
	ROCKWELL AUTOMATION INC	P	2013-04-15	2013-12-06
	SLM CORP	P	2013-04-15	2013-12-06
	SPECTRA ENERGY CORP	P	2013-04-15	2013-12-06
	STARWOOD PROPERTY TRUST INC	P	2013-04-15	2013-12-06
	SUNTRUST BKS INC	P	2013-04-15	2013-12-06
	UNUM GROUP	P	2013-04-15	2013-12-06
	VODAFONE GROUP PLC A D R	P	2013-04-15	2013-12-06
	WALGREEN CO	P	2013-04-15	2013-12-06
	WILLIAMS PARTNERS LP	P	2013-04-15	2013-12-06
	EATON CORP PLC	P	2013-04-15	2013-12-06
	CA INC	P	2013-01-05	2013-12-06
	OCCIDENTAL PETROLEUM CORPORATION	P	2012-12-07	2013-06-26
	SCHLUMBERGER LTD	P	2012-11-19	2013-06-26
	SCHLUMBERGER LTD	P	2013-07-01	2013-06-26
	RIO TINTO PLC A D R	P	2013-02-25	2013-06-26
	RIO TINTO PLC A D R	P	2013-04-15	2013-06-26
	SCHLUMBERGER LTD	P	2013-04-15	2013-06-26
	RIO TINTO PLC A D R	P	2013-04-19	2013-06-26
	ALLEGHENY TECHNOLOGIES INC	P	2012-10-15	2013-01-07
	ALLEGHENY TECHNOLOGIES INC	P	2012-10-24	2013-01-07
	ALLEGHENY TECHNOLOGIES INC	P	2012-11-19	2013-01-07
	ALLEGHENY TECHNOLOGIES INC	P	2013-04-15	2013-01-07
	VENTAS INC	P	2012-11-19	2013-02-07
	VENTAS INC	P	2013-07-01	2013-02-07
	VENTAS INC	P	2013-04-15	2013-02-07
	ANNALY CAP MGMT INC	P	2012-11-19	2013-08-07
	ANNALY CAP MGMT INC	P	2013-07-01	2013-08-07
	ANNALY CAP MGMT INC	P	2013-04-15	2013-08-07
	BANK OF AMERICA CORP	P	2012-11-09	2013-07-15
	BANK OF AMERICA CORP	P	2012-11-14	2013-07-15
	MALLINCKRODT PLC W I	P	2012-11-19	2013-07-15
	MALLINCKRODT PLC W I	P	2013-07-01	2013-07-15
	BANK OF AMERICA CORP	P	2013-04-15	2013-07-15
	MALLINCKRODT PLC W I	P	2013-04-15	2013-07-15
	MALLINCKRODT PLC W I	P	2012-11-19	2013-07-18
	CRANE CO	P	2012-12-19	2013-07-23
	CRANE CO	P	2013-07-01	2013-07-23
	CRANE CO	P	2013-04-15	2013-07-23
	CRANE CO	P	2012-12-18	2013-07-25
	CRANE CO	P	2012-12-19	2013-07-25
	CRANE CO	P	2012-12-19	2013-07-25
	CRANE CO	P	2012-12-19	2013-07-25
	CRANE CO	P	2012-12-20	2013-07-25
	CRANE CO	P	2012-12-18	2013-07-26
	CRANE CO	P	2012-12-18	2013-07-26
	CRANE CO	P	2012-12-14	2013-07-29
	CRANE CO	P	2012-12-17	2013-07-29
	CRANE CO	P	2012-12-18	2013-07-29
	CRANE CO	P	2012-12-19	2013-07-29
	KIMBERLY CLARK CORP	P	2012-11-19	2013-01-08
	KIMBERLY CLARK CORP	P	2013-07-01	2013-01-08
	BANK OF AMERICA CORP	P	2012-11-09	2013-07-08
	BANK OF AMERICA CORP	P	2012-11-09	2013-07-08
	POLARIS INDS INC	P	2013-03-27	2013-07-08
	POLARIS INDS INC	P	2013-03-28	2013-07-08
	VODAFONE GROUP PLC A D R	P	2012-12-17	2013-08-10
	WILLIAMS PARTNERS LP	P	2013-04-01	2013-08-10
	DOVER CORP	P	2013-07-01	2013-08-10
	VODAFONE GROUP PLC A D R	P	2013-07-01	2013-08-10
	WALGREEN CO	P	2013-07-01	2013-08-10
	EATON CORP PLC	P	2013-01-07	2013-08-10
	MORGAN STANLEY	P	2013-01-23	2013-08-10
	STAPLES INC	P	2013-02-19	2013-08-10
	GOLAR LNG LTD	P	2013-02-25	2013-08-10
	LOWES CO INC	P	2013-02-27	2013-08-10
	STARWOOD PROPERTY TRUST INC	P	2013-02-27	2013-08-10
	LYONDELLBASELL INDUSTRIES CL A	P	2013-02-28	2013-08-10
	LINCOLN NATL CORP IND	P	2013-11-03	2013-08-10
	SPECTRA ENERGY CORP	P	2013-03-15	2013-08-10
	ASTRAZENECA P L C SPSD A D R	P	2013-03-22	2013-08-10
	XYLEM INC	P	2013-03-22	2013-08-10
	POLARIS INDS INC	P	2013-03-27	2013-08-10
	CISCO SYS INC	P	2013-02-04	2013-08-10
	C M S ENERGY CORP	P	2013-08-04	2013-08-10
	DEVON ENERGY CORPORATION	P	2013-11-04	2013-08-10
	ASTRAZENECA P L C SPSD A D R	P	2013-04-15	2013-08-10
	C M S ENERGY CORP	P	2013-04-15	2013-08-10
	CISCO SYS INC	P	2013-04-15	2013-08-10
	DOVER CORP	P	2013-04-15	2013-08-10
	LOWES CO INC	P	2013-04-15	2013-08-10
	ROCKWELL AUTOMATION INC	P	2013-04-15	2013-08-10
	SPECTRA ENERGY CORP	P	2013-04-15	2013-08-10
	STARWOOD PROPERTY TRUST INC	P	2013-04-15	2013-08-10
	VODAFONE GROUP PLC A D R	P	2013-04-15	2013-08-10
	WALGREEN CO	P	2013-04-15	2013-08-10
	WILLIAMS PARTNERS LP	P	2013-04-15	2013-08-10
	EATON CORP PLC	P	2013-04-15	2013-08-10
	CA INC	P	2013-01-05	2013-08-10
	SYMANTEC CORP	P	2013-10-06	2013-08-10
	KOHLS CORP	P	2013-06-17	2013-08-10
	COMERICA INC	P	2013-06-26	2013-08-10
	REGIONS FINL CORP	P	2013-06-26	2013-08-10
	UNUM GROUP	P	2013-06-26	2013-08-10
	M T BANK CORP	P	2013-06-27	2013-08-10
	APPLE INC	P	2013-02-07	2013-08-10
	MFA FINANCIAL INC	P	2013-02-07	2013-08-10
	LINN ENERGY LLC	P	2013-07-19	2013-08-10
	REGAL BELOIT CORP	P	2013-07-26	2013-08-10
	HOLLYFRONTIER CORP	P	2013-07-30	2013-08-10
	PROCTER & GAMBLE CO	P	2013-01-08	2013-08-10
	EXELON CORPORATION	P	2013-08-08	2013-08-10
	KBR INC	P	2013-10-09	2013-08-10
	HOLLYFRONTIER CORP	P	2013-07-30	2013-09-10
	CA INC	P	2013-01-18	2013-10-17
	CA INC	P	2013-04-15	2013-10-17
	CA INC	P	2013-01-05	2013-10-17
	OLD REP INTL CORP	P	2013-07-01	2013-06-12
	OLD REP INTL CORP	P	2013-04-15	2013-06-12
	MOLEX INC CL A	P	2013-01-07	2013-09-12
	EXTERRAN PARTNERS L P	P	2013-04-15	2013-10-12
	MCDONALDS CORP	P	2013-07-01	2013-12-12
	ROYAL DUTCH SHELL PLC A D R	P	2013-07-01	2013-12-12
	MCDONALDS CORP	P	2013-04-15	2013-12-12
	ROYAL DUTCH SHELL PLC A D R	P	2013-04-15	2013-12-12
	DEVON ENERGY CORPORATION	P	2013-11-04	2013-12-18
	DEVON ENERGY CORPORATION	P	2013-12-04	2013-12-18
	DEVON ENERGY CORPORATION	P	2013-04-15	2013-12-18
	DEVON ENERGY CORPORATION	P	2013-01-05	2013-12-18
	KBR INC	P	2013-09-09	2013-12-18
	KBR INC	P	2013-09-09	2013-12-18
	KBR INC	P	2013-10-09	2013-12-18
	DEVON ENERGY CORPORATION	P	2013-12-13	2013-12-18
	KBR INC	P	2013-12-13	2013-12-18
	KRAFT FOODS GROUP INC	P	2010-03-02	2013-03-01
	EXTERRAN PARTNERS L P	P	2007-06-09	2013-08-01
	EXTERRAN PARTNERS L P	P	2007-10-09	2013-08-01
	EXTERRAN PARTNERS L P	P	2007-11-09	2013-08-01
	EXTERRAN PARTNERS L P	P	2007-11-09	2013-08-01
	EXTERRAN PARTNERS L P	P	2007-09-24	2013-08-01
	EXTERRAN PARTNERS L P	P	2007-11-05	2013-09-01
	EXTERRAN PARTNERS L P	P	2007-06-08	2013-09-01
	EXTERRAN PARTNERS L P	P	2007-09-13	2013-09-01
	EXTERRAN PARTNERS L P	P	2007-09-26	2013-09-01
	EXTERRAN PARTNERS L P	P	2007-09-27	2013-09-01
	EXTERRAN PARTNERS L P	P	2007-09-27	2013-09-01
	EXTERRAN PARTNERS L P	P	2007-09-28	2013-09-01
	EXTERRAN PARTNERS L P	P	2007-09-28	2013-09-01
	EXTERRAN PARTNERS L P	P	2007-09-10	2013-09-01
	EXTERRAN PARTNERS L P	P	2007-12-20	2013-09-01
	EXTERRAN PARTNERS L P	P	2007-12-21	2013-09-01
	EXTERRAN PARTNERS L P	P	2007-09-10	2013-10-01
	EXTERRAN PARTNERS L P	P	2010-06-01	2013-10-01
	EXTERRAN PARTNERS L P	P	2011-09-02	2013-10-01
	EXTERRAN PARTNERS L P	P	2010-06-01	2013-01-14
	EXTERRAN PARTNERS L P	P	2010-06-01	2013-01-16
	QUALCOMM INC	P	2004-06-02	2013-01-18
	QUALCOMM INC	P	2004-03-19	2013-01-18
	SEAGATE TECHNOLOGY	P	2011-07-21	2013-01-18
	EXTERRAN PARTNERS L P	P	2008-08-29	2013-01-22
	EXTERRAN PARTNERS L P	P	2008-02-09	2013-01-22
	AFLAC INC	P	2008-10-13	2013-01-22
	AFLAC INC	P	2008-10-13	2013-01-22
	AFLAC INC	P	2008-10-22	2013-01-22
	AFLAC INC	P	2008-10-28	2013-01-22
	AFLAC INC	P	2009-02-27	2013-01-22
	AFLAC INC	P	2009-03-26	2013-01-22
	AFLAC INC	P	2009-04-27	2013-01-22
	AFLAC INC	P	2009-06-16	2013-01-22
	AFLAC INC	P	2009-07-27	2013-01-22
	AFLAC INC	P	2009-07-27	2013-01-22
	AFLAC INC	P	2009-10-21	2013-01-22
	EXTERRAN PARTNERS L P	P	2010-06-01	2013-01-22
	AFLAC INC	P	2011-08-25	2013-01-22
	AFLAC INC	P	2011-08-26	2013-01-22
	AFLAC INC	P	2011-09-27	2013-01-22
	AFLAC INC	P	2011-09-28	2013-01-22
	AFLAC INC	P	2011-09-30	2013-01-22
	AFLAC INC	P	2011-03-10	2013-01-22
	EXTERRAN PARTNERS L P	P	2012-01-17	2013-01-22
	MASTERCARD INC	P	2010-10-13	2013-01-30
	EXXON MOBIL CORP	P	1962-07-12	2013-02-19
	EXXON MOBIL CORP	P	1967-02-15	2013-02-19
	EXXON MOBIL CORP	P	1962-07-12	2013-02-22
	DU PONT E I DE NEMOURS & CO	P	2008-10-22	2013-02-25
	DU PONT E I DE NEMOURS & CO	P	2008-10-28	2013-02-25
	DU PONT E I DE NEMOURS & CO	P	2009-02-27	2013-02-25
	DU PONT E I DE NEMOURS & CO	P	2009-03-26	2013-02-25
	DU PONT E I DE NEMOURS & CO	P	2009-04-27	2013-02-25
	DU PONT E I DE NEMOURS & CO	P	2009-06-16	2013-02-25
	DU PONT E I DE NEMOURS & CO	P	2009-10-21	2013-02-25
	DU PONT E I DE NEMOURS & CO	P	2010-06-01	2013-02-25
	FIFTH THIRD BANCORP	P	2010-03-02	2013-02-27
	FIFTH THIRD BANCORP	P	2010-03-02	2013-02-27
	REDWOOD TRUST INC	P	2011-06-14	2013-02-27
	REDWOOD TRUST INC	P	2011-06-16	2013-02-27
	PHILIP MORRIS INTL	P	2008-10-22	2013-02-28
	PHILIP MORRIS INTL	P	2008-10-28	2013-02-28
	PHILIP MORRIS INTL	P	2009-06-16	2013-02-28
	PHILIP MORRIS INTL	P	2010-06-01	2013-02-28
	REDWOOD TRUST INC	P	2010-03-26	2013-02-28
	VERIZON COMMUNICATIONS INC	P	2010-12-28	2013-02-28
	REDWOOD TRUST INC	P	2011-06-16	2013-02-28
	P P G INDS INC	P	2010-11-02	2013-11-03
	MASTERCARD INC	P	2010-10-13	2013-11-03
	VISA INC	P	2010-10-13	2013-11-03
	VISA INC	P	2010-12-29	2013-11-03
	VISA INC	P	2011-09-02	2013-11-03
	KIMBERLY CLARK CORP	P	2011-07-04	2013-11-03
	CARNIVAL CORP	P	2012-01-24	2013-11-03
	QUALCOMM INC	P	2004-06-02	2013-03-15
	CENTERPOINT ENERGY INC	P	2010-05-02	2013-03-15
	CENTERPOINT ENERGY INC	P	2010-08-02	2013-03-15
	CENTERPOINT ENERGY INC	P	2010-09-06	2013-03-15
	CITIGROUP INC	P	2012-01-17	2013-03-15
	BOEING CO	P	2009-08-28	2013-03-21
	BOEING CO	P	2009-08-28	2013-03-21
	MERCK AND CO INC	P	2012-01-18	2013-03-22
	CINEMARK HLDGS INC	P	2011-05-20	2013-03-25
	CINEMARK HLDGS INC	P	2011-05-20	2013-03-25
	CINEMARK HLDGS INC	P	2011-05-23	2013-03-25
	CINEMARK HLDGS INC	P	2011-05-23	2013-03-25
	YUM BRANDS INC	P	2007-04-18	2013-02-04
	MAXIM INTEGRATED PRODS INC	P	2008-04-14	2013-02-04
	YUM BRANDS INC	P	2008-10-22	2013-02-04
	YUM BRANDS INC	P	2008-10-28	2013-02-04
	YUM BRANDS INC	P	2009-02-27	2013-02-04
	YUM BRANDS INC	P	2009-03-26	2013-02-04
	MOLEX INC CL A	P	2009-04-27	2013-02-04
	MOLEX INC CL A	P	2009-06-16	2013-02-04
	MOLEX INC CL A	P	2010-06-01	2013-02-04
	PHILIP MORRIS INTL	P	2003-01-07	2013-03-04
	MAXIM INTEGRATED PRODS INC	P	2008-04-14	2013-03-04
	PHILIP MORRIS INTL	P	2008-10-28	2013-03-04
	PHILIP MORRIS INTL	P	2009-02-27	2013-03-04
	PHILIP MORRIS INTL	P	2009-03-26	2013-03-04
	MOLEX INC CL A	P	2009-04-27	2013-03-04
	MOLEX INC CL A	P	2009-04-27	2013-03-04
	PHILIP MORRIS INTL	P	2009-04-27	2013-03-04
	MAXIM INTEGRATED PRODS INC	P	2009-06-16	2013-03-04
	MOLEX INC CL A	P	2009-06-24	2013-03-04
	MOLEX INC CL A	P	2009-06-25	2013-03-04
	MAXIM INTEGRATED PRODS INC	P	2009-10-21	2013-03-04
	KIMBERLY CLARK CORP	P	2011-07-04	2013-03-04
	MOLEX INC CL A	P	2009-06-24	2013-04-04
	KIMBERLY CLARK CORP	P	2011-07-04	2013-04-04
	MOLEX INC CL A	P	2009-06-24	2013-05-04
	MOLEX INC CL A	P	2009-06-24	2013-05-04
	MOLEX INC CL A	P	2009-06-24	2013-08-04
	MOLEX INC CL A	P	2009-03-24	2013-09-04
	MOLEX INC CL A	P	2009-03-24	2013-09-04
	MOLEX INC CL A	P	2009-03-26	2013-09-04
	MOLEX INC CL A	P	2009-03-26	2013-09-04
	MOLEX INC CL A	P	2009-06-24	2013-09-04
	MOLEX INC CL A	P	2009-03-24	2013-10-04
	EXXON MOBIL CORP	P	1962-07-12	2013-11-04
	EXXON MOBIL CORP	P	1970-11-03	2013-11-04
	EXXON MOBIL CORP	P	1970-11-03	2013-11-04
	VERIZON COMMUNICATIONS INC	P	2010-12-28	2013-01-05
	SCHLUMBERGER LTD	P	2011-03-11	2013-01-05
	SCHLUMBERGER LTD	P	2011-03-11	2013-01-05
	VERIZON COMMUNICATIONS INC	P	2010-12-28	2013-02-05
	VERIZON COMMUNICATIONS INC	P	2010-12-28	2013-02-05
	SEAGATE TECHNOLOGY	P	2011-07-21	2013-10-06
	SEAGATE TECHNOLOGY	P	2011-09-27	2013-10-06
	SEAGATE TECHNOLOGY	P	2011-09-27	2013-10-06
	SEAGATE TECHNOLOGY	P	2011-09-29	2013-10-06
	CONOCOPHILLIPS	P	2003-01-07	2013-12-06
	MCDONALDS CORP	P	2003-01-07	2013-12-06
	PHILIP MORRIS INTL	P	2003-01-07	2013-12-06
	PFIZER INC	P	2005-06-17	2013-12-06
	INTEL CORP	P	2007-04-17	2013-12-06
	ALTRIA GROUP INC	P	2007-11-30	2013-12-06
	ANNALY CAP MGMT INC	P	2008-03-25	2013-12-06
	JOHNSON JOHNSON	P	2008-10-22	2013-12-06
	MOLEX INC CL A	P	2009-03-24	2013-12-06
	MICROSOFT CORP	P	2009-03-26	2013-12-06
	PRAXAIR INC	P	2009-03-26	2013-12-06
	MICROSOFT CORP	P	2009-04-27	2013-12-06
	UNITED TECHNOLOGIES CORP	P	2009-05-26	2013-12-06
	CENTURYLINK INC	P	2009-04-06	2013-12-06
	MAXIM INTEGRATED PRODS INC	P	2009-06-16	2013-12-06
	VENTAS INC	P	2009-06-16	2013-12-06
	CENTURYLINK INC	P	2009-10-21	2013-12-06
	CHEVRON CORPORATION	P	2009-10-21	2013-12-06
	CONAGRA FOODS INC	P	2009-10-21	2013-12-06
	EMERSON ELEC CO	P	2009-10-21	2013-12-06
	GENERAL DYNAMICS CORP	P	2009-10-21	2013-12-06
	JOHNSON JOHNSON	P	2009-10-21	2013-12-06
	MID-AMER APT CMNTYS INC	P	2009-10-21	2013-12-06
	TEXAS INSTRUMENTS INC	P	2010-06-01	2013-12-06
	MONDELEZ INTERNATIONAL W I	P	2010-03-02	2013-12-06
	UNILEVER N V A D R	P	2010-08-02	2013-12-06
	P P G INDS INC	P	2010-11-02	2013-12-06
	GENERAL ELECTRIC CO	P	2010-03-15	2013-12-06
	REDWOOD TRUST INC	P	2010-03-26	2013-12-06
	OLD REP INTL CORP	P	2010-06-05	2013-12-06
	NATIONAL RETAIL PROPERTIES INC	P	2010-05-24	2013-12-06
	ANADARKO PETROLEUM CORP	P	2010-06-21	2013-12-06
	PRUDENTIAL FINANCIAL INC	P	2010-12-11	2013-12-06
	VERIZON COMMUNICATIONS INC	P	2010-12-28	2013-12-06
	LIBERTY PPTY TR SBI	P	2010-12-29	2013-12-06
	ENBRIDGE ENERGY PARTNERS L P	P	2010-12-30	2013-12-06
	GLAXO SMITHKLINE P L C A D R	P	2011-08-02	2013-12-06
	JOHNSON JOHNSON	P	2011-09-02	2013-12-06
	STARBUCKS CORP	P	2011-02-15	2013-12-06
	BANKUNITED INC	P	2011-02-23	2013-12-06
	KIMBERLY CLARK CORP	P	2011-07-04	2013-12-06
	CINEMARK HLDGS INC	P	2011-05-23	2013-12-06
	ROYAL DUTCH SHELL PLC A D R	P	2011-07-21	2013-12-06
	COMMUNITY BK SYS INC	P	2011-08-31	2013-12-06
	DOW CHEM CO	P	2011-09-27	2013-12-06
	STATE STR CORP	P	2011-09-27	2013-12-06
	OCCIDENTAL PETROLEUM CORPORATION	P	2011-10-14	2013-12-06
	SCHLUMBERGER LTD	P	2011-03-11	2013-12-06
	EXTERRAN PARTNERS L P	P	2012-01-17	2013-12-06
	MERCK AND CO INC	P	2012-01-18	2013-12-06
	UNITED HEALTH GROUP INC	P	2012-01-20	2013-12-06
	CARNIVAL CORP	P	2012-01-24	2013-12-06
	J P MORGAN CHASE CO	P	2012-02-29	2013-12-06
	P P L CORPORATION	P	2012-01-03	2013-12-06
	CAPITAL ONE FINANCIAL CORP	P	2012-03-16	2013-12-06
	CITIGROUP INC	P	2012-03-19	2013-12-06
	HASBRO INC	P	2012-03-26	2013-12-06
	COVIDIEN PLC	P	2012-04-25	2013-12-06
	WHIRLPOOL CORP	P	2012-04-26	2013-12-06
	FIFTH THIRD BANCORP	P	2012-05-21	2013-12-06
	P N C FINANCIAL SERVICES GROUP INC	P	2012-05-21	2013-12-06
	WESTAR ENERGY INC	P	2012-05-25	2013-12-06
	BEST BUY CO INC	P	2012-05-29	2013-12-06
	PINNACLE WEST CAP CORP	P	2012-05-29	2013-12-06
	OLD REP INTL CORP	P	2010-06-05	2013-06-14
	OLD REP INTL CORP	P	2010-07-05	2013-06-14
	CAPITAL ONE FINANCIAL CORP	P	2011-03-21	2013-06-14
	CAPITAL ONE FINANCIAL CORP	P	2012-03-16	2013-06-14
	OLD REP INTL CORP	P	2009-10-14	2013-06-17
	OLD REP INTL CORP	P	2010-07-05	2013-06-17
	OLD REP INTL CORP	P	2011-09-02	2013-06-17
	OLD REP INTL CORP	P	2009-10-14	2013-06-18
	BEST BUY CO INC	P	2012-05-25	2013-06-25
	BEST BUY CO INC	P	2012-05-29	2013-06-25
	ANADARKO PETROLEUM CORP	P	2010-06-21	2013-06-26
	ANADARKO PETROLEUM CORP	P	2010-06-22	2013-06-26
	ANADARKO PETROLEUM CORP	P	2010-06-22	2013-06-26
	ROYAL DUTCH SHELL PLC A D R	P	2011-07-21	2013-06-26
	ROYAL DUTCH SHELL PLC A D R	P	2011-09-20	2013-06-26
	ROYAL DUTCH SHELL PLC A D R	P	2011-09-20	2013-06-26
	OCCIDENTAL PETROLEUM CORPORATION	P	2011-07-10	2013-06-26
	SCHLUMBERGER LTD	P	2011-07-10	2013-06-26
	OCCIDENTAL PETROLEUM CORPORATION	P	2011-12-10	2013-06-26
	SCHLUMBERGER LTD	P	2011-12-10	2013-06-26
	OCCIDENTAL PETROLEUM CORPORATION	P	2011-10-13	2013-06-26
	SCHLUMBERGER LTD	P	2011-10-13	2013-06-26
	OCCIDENTAL PETROLEUM CORPORATION	P	2011-10-14	2013-06-26
	SCHLUMBERGER LTD	P	2011-10-14	2013-06-26
	SCHLUMBERGER LTD	P	2011-03-11	2013-06-26
	MICROSOFT CORP	P	1993-02-08	2013-01-07
	ANNALY CAP MGMT INC	P	2008-03-25	2013-01-07
	ANNALY CAP MGMT INC	P	2008-11-04	2013-01-07
	ANNALY CAP MGMT INC	P	2008-11-04	2013-01-07
	MICROSOFT CORP	P	2009-02-27	2013-01-07
	MICROSOFT CORP	P	2009-03-26	2013-01-07
	VENTAS INC	P	2009-05-22	2013-01-07
	VENTAS INC	P	2009-06-16	2013-01-07
	ANNALY CAP MGMT INC	P	2008-11-04	2013-02-07
	VENTAS INC	P	2009-02-27	2013-02-07
	VENTAS INC	P	2009-03-26	2013-02-07
	VENTAS INC	P	2009-04-27	2013-02-07
	VENTAS INC	P	2009-05-22	2013-02-07
	ANNALY CAP MGMT INC	P	2008-11-04	2013-08-07
	ANNALY CAP MGMT INC	P	2008-10-22	2013-08-07
	ANNALY CAP MGMT INC	P	2008-10-28	2013-08-07
	ANNALY CAP MGMT INC	P	2009-02-27	2013-08-07
	ANNALY CAP MGMT INC	P	2009-03-26	2013-08-07
	ANNALY CAP MGMT INC	P	2009-04-27	2013-08-07
	ANNALY CAP MGMT INC	P	2009-06-16	2013-08-07
	WINDSTREAM CORP	P	2006-07-28	2013-07-15
	WINDSTREAM CORP	P	2006-07-28	2013-07-15
	PRUDENTIAL FINANCIAL INC	P	2009-08-21	2013-07-15
	PRUDENTIAL FINANCIAL INC	P	2009-08-28	2013-07-15
	PRUDENTIAL FINANCIAL INC	P	2009-10-21	2013-07-15
	PRUDENTIAL FINANCIAL INC	P	2010-11-11	2013-07-15
	PRUDENTIAL FINANCIAL INC	P	2010-12-11	2013-07-15
	PRUDENTIAL FINANCIAL INC	P	2010-12-11	2013-07-15
	VERIZON COMMUNICATIONS INC	P	2010-12-28	2013-07-15
	WINDSTREAM CORP	P	2011-03-25	2013-07-15
	CITIGROUP INC	P	2012-01-17	2013-07-15
	CITIGROUP INC	P	2012-03-19	2013-07-15
	MALLINCKRODT PLC W I	P	2012-04-25	2013-07-15
	WINDSTREAM CORP	P	2006-07-28	2013-07-16
	WINDSTREAM CORP	P	2008-10-01	2013-07-16
	WINDSTREAM CORP	P	2008-10-01	2013-07-16
	WINDSTREAM CORP	P	2008-11-02	2013-07-16
	VERIZON COMMUNICATIONS INC	P	2010-12-28	2013-07-18
	VERIZON COMMUNICATIONS INC	P	2010-12-28	2013-07-19
	STARBUCKS CORP	P	2011-02-15	2013-07-25
	STARBUCKS CORP	P	2011-02-15	2013-07-25
	STARBUCKS CORP	P	2011-02-15	2013-07-25
	PFIZER INC	P	2004-12-22	2013-01-08
	PFIZER INC	P	2005-06-17	2013-01-08
	PFIZER INC	P	2005-09-19	2013-01-08
	PFIZER INC	P	2006-03-13	2013-01-08
	PFIZER INC	P	2007-03-26	2013-01-08
	PFIZER INC	P	2007-06-22	2013-01-08
	PFIZER INC	P	2007-09-10	2013-01-08
	PFIZER INC	P	2007-11-30	2013-01-08
	PFIZER INC	P	2007-12-20	2013-01-08
	KIMBERLY CLARK CORP	P	2011-07-04	2013-01-08
	WINDSTREAM CORP	P	2005-06-17	2013-07-08
	WINDSTREAM CORP	P	2005-09-19	2013-07-08
	WINDSTREAM CORP	P	2006-03-13	2013-07-08
	WINDSTREAM CORP	P	2006-06-21	2013-07-08
	WINDSTREAM CORP	P	2008-10-01	2013-07-08
	WINDSTREAM CORP	P	2008-10-01	2013-07-08
	WINDSTREAM CORP	P	2009-10-21	2013-07-08
	WINDSTREAM CORP	P	2010-06-01	2013-07-08
	STATE STR CORP	P	2013-09-27	2013-07-08
	EXTERRAN PARTNERS L P	P	2008-03-09	2013-08-29
	EXTERRAN PARTNERS L P	P	2008-04-09	2013-08-29
	EXTERRAN PARTNERS L P	P	2008-05-09	2013-08-29
	EXTERRAN PARTNERS L P	P	2008-08-09	2013-08-29
	EXTERRAN PARTNERS L P	P	2012-01-17	2013-08-29
	EXTERRAN PARTNERS L P	P	2008-04-09	2013-03-09
	EXTERRAN PARTNERS L P	P	2008-08-28	2013-04-09
	EXTERRAN PARTNERS L P	P	2008-04-09	2013-04-09
	EXTERRAN PARTNERS L P	P	2008-08-28	2013-06-09
	EXTERRAN PARTNERS L P	P	2008-08-28	2013-09-09
	BEST BUY CO INC	P	2012-06-08	2013-09-09
	BEST BUY CO INC	P	2012-06-08	2013-09-09
	EXTERRAN PARTNERS L P	P	2008-08-28	2013-11-09
	EXTERRAN PARTNERS L P	P	2008-10-09	2013-11-09
	EXTERRAN PARTNERS L P	P	2008-10-09	2013-12-09
	EXTERRAN PARTNERS L P	P	2008-09-09	2013-09-16
	EXTERRAN PARTNERS L P	P	2008-10-09	2013-09-16
	MICROSOFT CORP	P	1993-02-08	2013-08-10
	CONOCOPHILLIPS	P	2003-01-07	2013-08-10
	MCDONALDS CORP	P	2003-01-07	2013-08-10
	PHILIP MORRIS INTL	P	2003-01-07	2013-08-10
	WINDSTREAM HOLDINGS INC	P	2005-11-01	2013-08-10
	INTEL CORP	P	2007-04-17	2013-08-10
	ALTRIA GROUP INC	P	2007-11-30	2013-08-10
	PFIZER INC	P	2007-12-20	2013-08-10
	EXTERRAN PARTNERS L P	P	2008-09-09	2013-08-10
	MOLEX INC CL A	P	2009-03-24	2013-08-10
	PRAXAIR INC	P	2009-03-26	2013-08-10
	UNITED TECHNOLOGIES CORP	P	2009-05-26	2013-08-10
	CENTURYLINK INC	P	2009-04-06	2013-08-10
	MAXIM INTEGRATED PRODS INC	P	2009-06-16	2013-08-10
	CONAGRA FOODS INC	P	2009-09-07	2013-08-10
	PRUDENTIAL FINANCIAL INC	P	2009-08-21	2013-08-10
	OLD REP INTL CORP	P	2009-10-14	2013-08-10
	CHEVRON CORPORATION	P	2009-10-21	2013-08-10
	CONAGRA FOODS INC	P	2009-10-21	2013-08-10
	EMERSON ELEC CO	P	2009-10-21	2013-08-10
	GENERAL DYNAMICS CORP	P	2009-10-21	2013-08-10
	JOHNSON JOHNSON	P	2009-10-21	2013-08-10
	MID-AMER APT CMNTYS INC	P	2009-10-21	2013-08-10
	TEXAS INSTRUMENTS INC	P	2009-10-21	2013-08-10
	WINDSTREAM HOLDINGS INC	P	2009-10-21	2013-08-10
	TEXAS INSTRUMENTS INC	P	2010-06-01	2013-08-10
	MONDELEZ INTERNATIONAL W I	P	2010-03-02	2013-08-10
	UNILEVER N V A D R	P	2013-08-10	2013-08-10
	P P G INDS INC	P	2010-11-02	2013-08-10
	GENERAL ELECTRIC CO	P	2010-03-15	2013-08-10
	REDWOOD TRUST INC	P	2010-03-26	2013-08-10
	NATIONAL RETAIL PROPERTIES INC	P	2010-05-24	2013-08-10
	VERIZON COMMUNICATIONS INC	P	2010-12-28	2013-08-10
	LIBERTY PPTY TR SBI	P	2010-12-29	2013-08-10
	ENBRIDGE ENERGY PARTNERS L P	P	2010-12-30	2013-08-10
	GLAXO SMITHKLINE P L C A D R	P	2011-08-02	2013-08-10
	STARBUCKS CORP	P	2011-02-15	2013-08-10
	BANKUNITED INC	P	2011-02-23	2013-08-10
	CAPITAL ONE FINANCIAL CORP	P	2011-03-21	2013-08-10
	CINEMARK HLDGS INC	P	2011-05-23	2013-08-10
	REDWOOD TRUST INC	P	2011-06-14	2013-08-10
	COMMUNITY BK SYS INC	P	2011-08-31	2013-08-10
	ROYAL DUTCH SHELL PLC A D R	P	2011-09-20	2013-08-10
	DOW CHEM CO	P	2011-09-27	2013-08-10
	STATE STR CORP	P	2011-09-27	2013-08-10
	MERCK AND CO INC	P	2012-01-18	2013-08-10
	UNITED HEALTH GROUP INC	P	2012-01-20	2013-08-10
	CARNIVAL CORP	P	2012-01-24	2013-08-10
	J P MORGAN CHASE CO	P	2012-02-29	2013-08-10
	P P L CORPORATION	P	2012-01-03	2013-08-10
	HASBRO INC	P	2012-03-26	2013-08-10
	COVIDIEN PLC	P	2012-04-25	2013-08-10
	WHIRLPOOL CORP	P	2012-04-26	2013-08-10
	FIFTH THIRD BANCORP	P	2012-05-21	2013-08-10
	P N C FINANCIAL SERVICES GROUP INC	P	2012-05-21	2013-08-10
	WESTAR ENERGY INC	P	2012-05-25	2013-08-10
	PINNACLE WEST CAP CORP	P	2012-05-29	2013-08-10
	OCCIDENTAL PETROLEUM CORPORATION	P	2012-12-07	2013-08-10
	SLM CORP	P	2012-07-17	2013-08-10
	ANADARKO PETROLEUM CORP	P	2012-07-18	2013-08-10
	BEST BUY CO INC	P	2012-06-08	2013-08-10
	MARATHON OIL CORPORATION	P	2012-08-28	2013-08-10
	SUNTRUST BKS INC	P	2012-07-09	2013-08-10
	BANK OF AMERICA CORP	P	2012-11-09	2013-08-10
	CITIGROUP INC	P	2012-11-09	2013-08-10
	EXTERRAN PARTNERS L P	P	2008-09-09	2013-02-12
	EXTERRAN PARTNERS L P	P	2008-11-09	2013-02-12
	EXTERRAN PARTNERS L P	P	2008-11-09	2013-03-12
	EXTERRAN PARTNERS L P	P	2008-12-09	2013-03-12
	EXTERRAN PARTNERS L P	P	2008-09-15	2013-03-12
	EXTERRAN PARTNERS L P	P	2008-09-16	2013-03-12
	EXTERRAN PARTNERS L P	P	2008-09-16	2013-12-03
	EXTERRAN PARTNERS L P	P	2008-09-17	2013-03-12
	EXTERRAN PARTNERS L P	P	2008-09-18	2013-03-12
	OLD REP INTL CORP	P	2009-10-14	2013-03-12
	EXTERRAN PARTNERS L P	P	2009-10-21	2013-03-12
	EXTERRAN PARTNERS L P	P	2008-09-18	2013-04-12
	OLD REP INTL CORP	P	2009-10-14	2013-04-12
	EXTERRAN PARTNERS L P	P	2008-09-18	2013-05-12
	EXTERRAN PARTNERS L P	P	2008-10-22	2013-05-12
	EXTERRAN PARTNERS L P	P	2008-10-28	2013-05-12
	EXTERRAN PARTNERS L P	P	2009-06-16	2013-05-12
	OLD REP INTL CORP	P	2009-10-14	2013-05-12
	OLD REP INTL CORP	P	2009-10-21	2013-05-12
	OLD REP INTL CORP	P	2010-03-02	2013-05-12
	OLD REP INTL CORP	P	2010-03-02	2013-05-12
	EXTERRAN PARTNERS L P	P	2008-10-28	2013-06-12
	EXTERRAN PARTNERS L P	P	2009-04-27	2013-06-12
	OLD REP INTL CORP	P	2009-11-27	2013-06-12
	OLD REP INTL CORP	P	2009-11-30	2013-06-12
	OLD REP INTL CORP	P	2010-06-01	2013-06-12
	OLD REP INTL CORP	P	2010-03-02	2013-06-12
	OLD REP INTL CORP	P	2012-11-19	2013-06-12
	MOLEX INC CL A	P	2009-03-17	2013-09-12
	MOLEX INC CL A	P	2009-03-23	2013-09-12
	MOLEX INC CL A	P	2009-03-23	2013-09-12
	MOLEX INC CL A	P	2009-03-24	2013-09-12
	MOLEX INC CL A	P	2009-03-24	2013-09-12
	EXTERRAN PARTNERS L P	P	2009-03-26	2013-09-12
	EXTERRAN PARTNERS L P	P	2009-04-27	2013-09-12
	MOLEX INC CL A	P	2012-11-19	2013-09-12
	EXTERRAN PARTNERS L P	P	2009-02-27	2013-10-12
	EXTERRAN PARTNERS L P	P	2009-03-26	2013-10-12
	MCDONALDS CORP	P	2003-01-07	2013-12-12
	STARBUCKS CORP	P	2011-02-15	2013-12-12
	ROYAL DUTCH SHELL PLC A D R	P	2011-09-20	2013-12-12
	BEST BUY CO INC	P	2012-06-08	2013-12-12
	ROYAL DUTCH SHELL PLC A D R	P	2012-12-11	2013-12-12
	ROYAL DUTCH SHELL PLC A D R	P	2012-12-11	2013-12-12
	MCDONALDS CORP	P	2012-11-19	2013-12-12
	ROYAL DUTCH SHELL PLC A D R	P	2012-11-19	2013-12-12
	STARBUCKS CORP	P	2012-11-19	2013-12-12
	U S TREASURY NT 0.625% 9/30/17	P	2012-10-22	2013-05-09
	U S TREASURY NT 0.625% 9/30/17	P	2012-10-22	2013-06-14
	DISNEY WALT CO 4.500% 12/15/13	P	2012-11-05	2013-10-01
	PEPSICO INC 2.250% 1/07/19	P	2013-09-25	2013-12-05
	UNITED PARCEL 4.500% 1/15/13	P	2008-01-28	2013-01-15
	GENERAL ELEC C P MTN 5.450% 1/15/13	P	2008-09-15	2013-01-15
	MCGRAW HILL INC 5.900% 11/15/17	P	2007-04-12	2013-01-05
	EMERSON ELECTRIC 4.500% 5/01/13	P	2009-02-20	2013-05-01
	EMERSON ELECTRIC 4.500% 5/01/13	P	2009-06-29	2013-05-01
	HOUSEHOLD FIN CORP 4.750% 7/15/13	P	2003-07-30	2013-07-15
	BERKSHIRE HATHAWAY 5.000% 8/15/13	P	2009-07-10	2013-08-15
	PEPSICO INC 3.750% 3/01/14	P	2009-03-19	2013-08-26
	DISNEY WALT CO 4.500% 12/15/13	P	2009-01-08	2013-10-01
	CREDIT SUISSE COMM RET ST CO	P	2011-05-09	2013-07-10
	CREDIT SUISSE COMM RET ST CO	P	2011-06-29	2013-07-10
	CREDIT SUISSE COMM RET ST CO	P	2010-07-14	2013-08-14
	CREDIT SUISSE COMM RET ST CO	P	2010-12-30	2013-08-14
	CREDIT SUISSE COMM RET ST CO	P	2011-06-29	2013-08-14
	CREDIT SUISSE COMM RET ST CO	P	2012-01-12	2013-08-14
	K-1 CAPITAL LOSS	P		2013-12-31
	REDWOOD TRUST INC BASIS ADJ	P		2013-04-15

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	544	536	8
b	128,147	140,377	-12,230
c	645	639	6
d	699	712	-13
e	1,620	1,582	38
	1,829	1,796	33
	67,888	58,416	9,472
	380	316	64
	380	336	44
	939	855	84
	59,693	60,227	-534
	3,197	3,237	-40
	1,466	1,529	-63
	29,506	30,703	-1,197
	21,242	21,783	-541
	6,013	6,215	-202
	61	63	-2
	16,786	22,173	-5,387
	20,610	27,311	-6,701
	1,041	1,093	-52
	205	305	-100
	101,490	76,078	25,412
	3,458	2,696	762
	530	472	58
	643	577	66
	3,833	3,825	8
	530	517	13
	643	630	13
	1,051	873	178
	982	936	46
	40,985	31,987	8,998
	20,684	16,536	4,148
	1,167	980	187
	1,113	1,082	31
	340	299	41
	932	790	142
	1,017	918	99
	29,534	29,436	98
	701	720	-19
	2,358	2,350	8
	13,561	13,499	62
	15,035	15,012	23
	295	293	2
	13,208	13,134	74
	1,766	1,749	17
	2,796	2,774	22
	5,261	5,221	40
	8,698	8,559	139
	8,628	8,491	137
	1,777	1,749	28
	515	510	5
	12,460	12,348	112
	3,092	3,060	32
	1,048	1,090	-42
	978	952	26
	13,945	13,987	-42
	617	617	0
	2,222	2,195	27
	2,489	2,458	31
	40,909	50,088	-9,179
	221	281	-60
	16,170	19,290	-3,120
	32,616	38,971	-6,355
	829	899	-70
	23,316	27,395	-4,079
	59,545	69,895	-10,350
	57,648	67,388	-9,740
	2,319	2,668	-349
	14,324	16,421	-2,097
	1,448	892	556
	1,580	1,135	445
	2,063	1,698	365
	298	344	-46
	201	189	12
	939	895	44
	505	522	-17
	2,208	1,954	254
	1,472	1,393	79
	881	1,121	-240
	582	689	-107
	1,029	940	89
	903	864	39
	1,137	1,203	-66
	1,975	1,939	36
	1,580	1,638	-58
	1,174	1,179	-5
	4,268	4,043	225
	1,092	1,176	-84
	2,573	2,297	276
	919	862	57
	1,392	1,302	90
	1,140	1,080	60
	252	255	-3
	1,238	1,115	123
	1,644	1,485	159
	670	746	-76
	1,537	1,397	140
	980	950	30
	1,152	1,194	-42
	1,731	1,717	14
	694	526	168
	1,905	1,759	146
	2,269	2,163	106
	3,910	3,698	212
	1,005	973	32
	1,149	1,149	0
	80,274	105,278	-25,004
	733	815	-82
	1,939	1,974	-35
	46,284	50,481	-4,197
	15,220	18,048	-2,828
	29,938	33,107	-3,169
	818	828	-10
	1,081	1,156	-75
	555	514	41
	625	583	42
	1,110	1,238	-128
	476	609	-133
	534	676	-142
	905	1,239	-334
	64,798	41,602	23,196
	8,084	5,275	2,809
	88	84	4
	103	103	0
	1,834	1,627	207
	176	201	-25
	5	5	0
	13,529	9,626	3,903
	822	615	207
	379	323	56
	1,674	1,211	463
	7,192	5,206	1,986
	4,712	3,419	1,293
	14,385	10,432	3,953
	8,247	5,970	2,277
	19,519	14,173	5,346
	12,910	9,370	3,540
	25,173	18,097	7,076
	21,796	15,789	6,007
	1,412	1,031	381
	16,577	12,099	4,478
	1,281	1,115	166
	1,478	1,272	206
	17,190	10,657	6,533
	22,870	14,153	8,717
	5,318	4,308	1,010
	30,892	25,211	5,681
	35	26	9
	472	453	19
	797	601	196
	702	515	187
	1,048	722	326
	1,008	832	176
	2,204	1,863	341
	1,345	1,335	10
	788	803	-15
	661	526	135
	1,099	1,267	-168
	1,190	940	250
	1,014	798	216
	891	753	138
	610	594	16
	1,092	1,117	-25
	2,215	1,558	657
	1,286	1,191	95
	570	622	-52
	1,582	1,525	57
	508	513	-5
	414	459	-45
	1,056	988	68
	708	579	129
	520	424	96
	749	595	154
	651	576	75
	239	276	-37
	562	466	96
	717	638	79
	262	259	3
	874	762	112
	2,213	2,055	158
	1,487	1,355	132
	1,452	1,484	-32
	699	716	-17
	1,000	1,025	-25
	1,394	1,342	52
	1,447	1,448	-1
	1,469	1,254	215
	1,010	1,152	-142
	877	871	6
	1,691	1,704	-13
	619	685	-66
	3,736	3,991	-255
	696	745	-49
	424	407	17
	105,347	120,187	-14,840
	26,760	22,045	4,715
	2,441	2,047	394
	100,222	91,041	9,181
	1,159	769	390
	1,983	1,531	452
	1,431	857	574
	652	699	-47
	1,135	1,085	50
	2,023	2,071	-48
	1,891	2,058	-167
	3,440	3,280	160
	31,449	30,104	1,345
	143,200	136,005	7,195
	1,593	1,451	142
	88,622	84,765	3,857
	22,337	23,296	-959
	29,368	30,703	-1,335
	15,068	15,960	-892
	3,422	3,457	-35
	857	896	-39
	114,784	20,835	93,949
	264	396	-132
	44	66	-22
	286	429	-143
	1,582	2,378	-796
	110	162	-52
	134	192	-58
	1,641	2,267	-626
	111	161	-50
	4,681	6,805	-2,124
	3,371	4,792	-1,421
	2,306	3,322	-1,016
	2,118	3,042	-924
	510	736	-226
	1,011	1,358	-347
	2,742	3,860	-1,118
	2,135	3,016	-881
	1,595	2,142	-547
	786	837	-51
	225	279	-54
	322	335	-13
	115	120	-5
	117,928	52,417	65,511
	28,530	14,346	14,184
	58,507	23,679	34,828
	2,878	2,752	126
	737	704	33
	123,238	97,780	25,458
	13,492	10,699	2,793
	3,920	2,986	934
	4,861	3,556	1,305
	2,352	790	1,562
	7,003	2,779	4,224
	4,390	2,379	2,011
	3,293	2,024	1,269
	13,066	9,137	3,929
	7,056	4,921	2,135
	2,876	2,527	349
	1,174	1,219	-45
	11,446	7,718	3,728
	30,470	20,319	10,151
	15,000	10,075	4,925
	38,727	25,269	13,458
	15,000	10,104	4,896
	41,236	27,497	13,739
	1,059	1,012	47
	63,866	28,399	35,467
	214,174	4,386	209,788
	22,545	506	22,039
	36,804	752	36,052
	10,234	7,017	3,217
	12,769	7,569	5,200
	6,150	2,498	3,652
	18,261	9,133	9,128
	11,501	6,751	4,750
	8,591	4,767	3,824
	8,403	6,156	2,247
	8,497	6,161	2,336
	66,545	51,091	15,454
	6,669	5,113	1,556
	24,011	17,883	6,128
	24,552	18,253	6,299
	14,491	6,573	7,918
	11,831	4,972	6,859
	6,053	2,836	3,217
	5,411	2,861	2,550
	5,317	3,969	1,348
	41,861	32,019	9,842
	2,549	1,906	643
	78,526	34,176	44,350
	57,759	24,964	32,795
	102,843	49,179	53,664
	25,389	11,168	14,221
	321	148	173
	31,799	22,079	9,720
	44,951	40,140	4,811
	53,221	23,325	29,896
	132,455	78,846	53,609
	39,482	23,494	15,988
	44,082	24,355	19,727
	23,588	14,188	9,400
	7,626	4,587	3,039
	176,664	106,481	70,183
	63,552	56,386	7,166
	26,433	19,857	6,576
	10,034	7,590	2,444
	5,233	3,935	1,298
	18,631	13,963	4,668
	121,877	53,283	68,594
	49,443	31,187	18,256
	13,410	5,171	8,239
	16,763	6,254	10,509
	7,823	2,963	4,860
	23,118	9,732	13,386
	423	263	160
	1,317	840	477
	2,376	1,931	445
	58,370	14,880	43,490
	6,825	4,327	2,498
	6,528	2,660	3,868
	8,987	3,231	5,756
	26,773	10,824	15,949
	280	175	105
	2,571	1,605	966
	16,839	6,622	10,217
	1,478	762	716
	1,398	841	557
	373	224	149
	10,190	6,142	4,048
	15,723	10,483	5,240
	4,357	2,620	1,737
	52,537	34,985	17,552
	3,815	2,311	1,504
	7,270	4,399	2,871
	10,757	6,528	4,229
	535	291	244
	5,657	3,058	2,599
	3,187	1,795	1,392
	1,999	1,127	872
	5,746	3,460	2,286
	10,919	5,800	5,119
	68,719	1,405	67,314
	56,895	900	55,995
	56,895	900	55,995
	64,714	43,487	21,227
	17,176	17,566	-390
	55,824	57,164	-1,340
	33,734	22,937	10,797
	66,240	44,983	21,257
	82,955	26,686	56,269
	47,403	12,670	34,733
	34,762	9,326	25,436
	56,839	14,022	42,817
	974	339	635
	1,375	308	1,067
	1,375	362	1,013
	6,086	6,119	-33
	1,912	1,621	291
	1,532	1,008	524
	717	941	-224
	84	62	22
	658	341	317
	1,994	1,049	945
	1,151	691	460
	70	41	29
	1,575	899	676
	292	265	27
	832	503	329
	755	319	436
	1,302	1,243	59
	4,190	2,725	1,465
	1,457	954	503
	1,007	719	288
	1,096	948	148
	1,509	1,093	416
	774	530	244
	765	569	196
	1,449	916	533
	1,499	1,081	418
	1,661	658	1,003
	5,541	4,051	1,490
	1,063	847	216
	1,067	1,143	-76
	737	450	287
	1,885	925	960
	2,627	2,018	609
	2,291	1,638	653
	567	471	96
	1,047	149	898
	2,045	1,516	529
	587	425	162
	1,681	869	812
	750	859	-109
	1,265	852	413
	811	625	186
	2,372	2,676	-304
	634	547	87
	1,383	1,075	308
	3,053	1,593	1,460
	1,997	1,868	129
	924	984	-60
	481	374	107
	3,132	2,567	565
	1,793	1,452	341
	1,335	1,302	33
	2,123	1,581	542
	1,311	1,315	-4
	2,084	1,854	230
	4,679	3,612	1,067
	1,586	1,333	253
	1,527	1,312	215
	1,112	596	516
	1,644	1,216	428
	636	561	75
	1,459	1,332	127
	2,144	1,544	600
	1,067	935	132
	2,052	2,203	-151
	12,929	13,736	-807
	22,386	18,824	3,562
	33,457	29,988	3,469
	15,812	15,224	588
	14,591	15,467	-876
	296	291	5
	10,450	10,001	449
	32,338	23,257	9,081
	84,635	61,217	23,418
	10,469	5,171	5,298
	18,981	9,304	9,677
	10,810	5,296	5,514
	40,929	47,876	-6,947
	36,671	38,315	-1,644
	51,046	53,323	-2,277
	90,111	78,341	11,770
	90,632	79,034	11,598
	16,174	14,781	1,393
	15,512	14,590	922
	15,107	13,690	1,417
	14,435	13,420	1,015
	11,908	11,377	531
	15,225	14,898	327
	5,817	6,133	-316
	33,615	2,222	31,393
	49,568	68,122	-18,554
	3,226	4,107	-881
	14,472	18,379	-3,907
	8,594	4,069	4,525
	18,809	10,027	8,782
	26,093	10,704	15,389
	1,239	522	717
	19,725	25,164	-5,439
	2,637	818	1,819
	7,911	2,701	5,210
	4,997	2,019	2,978
	72,800	29,627	43,173
	882	1,202	-320
	2,413	2,638	-225
	3,028	2,951	77
	1,462	1,795	-333
	4,316	5,204	-888
	2,715	3,194	-479
	2,065	2,628	-563
	24	36	-12
	6,517	9,793	-3,276
	155	100	55
	72,047	48,193	23,854
	5,052	3,295	1,757
	28,679	20,111	8,568
	2,876	2,017	859
	9,793	6,871	2,922
	71,905	51,358	20,547
	27,194	43,955	-16,761
	21,840	11,970	9,870
	100,743	73,831	26,912
	19,124	17,662	1,462
	794	1,190	-396
	7,082	10,370	-3,288
	12,407	18,081	-5,674
	14,821	21,744	-6,923
	91,388	65,284	26,104
	24,806	17,666	7,140
	24,214	12,079	12,135
	16,789	8,392	8,397
	42,810	21,360	21,450
	84,148	74,929	9,219
	16,538	16,319	219
	13,394	11,757	1,637
	9,958	8,875	1,083
	3,145	2,760	385
	5,765	5,063	702
	12,200	10,701	1,499
	6,872	5,614	1,258
	14,034	11,216	2,818
	170,981	113,670	57,311
	1,391	1,750	-359
	501	657	-156
	654	888	-234
	863	1,073	-210
	8,795	12,049	-3,254
	25,830	35,800	-9,970
	4,087	4,903	-816
	2,631	3,454	-823
	61,454	30,031	31,423
	3,619	2,835	784
	2,581	2,018	563
	1,178	924	254
	1,739	1,361	378
	4,910	3,851	1,059
	1,568	1,207	361
	513	395	118
	29	22	7
	456	351	105
	28	22	6
	24,292	13,097	11,195
	46,544	25,125	21,419
	427	329	98
	285	219	66
	911	701	210
	655	497	158
	6,238	4,797	1,441
	1,465	100	1,365
	1,132	339	793
	1,225	286	939
	1,210	338	872
	592	712	-120
	1,645	1,497	148
	1,424	961	463
	4,691	3,816	875
	321	238	83
	956	316	640
	1,196	691	505
	1,664	846	818
	1,321	1,350	-29
	864	470	394
	273	170	103
	1,940	1,245	695
	783	644	139
	3,889	2,570	1,319
	941	688	253
	1,083	679	404
	1,122	880	242
	2,077	1,458	619
	680	486	194
	437	257	180
	156	196	-40
	358	233	125
	1,410	860	550
	1,315	1,023	292
	2,015	718	1,297
	5,230	3,759	1,471
	620	520	100
	638	429	209
	932	712	220
	531	471	60
	975	85	890
	1,797	1,400	397
	1,230	534	696
	867	802	65
	1,791	1,330	461
	858	582	276
	319	267	52
	670	497	173
	1,423	1,461	-38
	1,453	970	483
	2,504	1,288	1,216
	2,965	2,411	554
	1,944	1,401	543
	1,254	1,239	15
	1,917	1,462	455
	1,289	1,229	60
	1,539	1,222	317
	1,389	1,147	242
	1,220	596	624
	1,491	1,135	356
	574	498	76
	1,321	1,247	74
	977	886	91
	1,045	925	120
	1,206	796	410
	1,591	1,231	360
	1,370	740	630
	1,108	895	213
	1,450	1,256	194
	3,537	2,283	1,254
	3,518	2,382	1,136
	7,680	6,120	1,560
	1,411	1,063	348
	2,820	2,146	674
	1,101	818	283
	1,396	977	419
	1,524	975	549
	1,504	958	546
	2,486	1,517	969
	535	323	212
	568	421	147
	4,565	3,182	1,383
	80	48	32
	12,448	9,209	3,239
	1,653	1,016	637
	3,280	1,711	1,569
	866	441	425
	2,781	1,439	1,342
	1,343	1,003	340
	1,592	1,123	469
	16,148	10,537	5,611
	11,340	7,356	3,984
	3,236	1,642	1,594
	1,289	648	641
	24,718	15,743	8,975
	30,347	19,065	11,282
	2,050	1,228	822
	39,287	25,145	14,142
	1,042	628	414
	42,471	12,594	29,877
	24,639	7,834	16,805
	12,416	3,905	8,511
	55,080	17,995	37,085
	24,368	7,868	16,500
	4,458	2,159	2,299
	2,386	1,203	1,183
	1,276	705	571
	1,955	909	1,046
	1,381	673	708
	204,331	47,536	156,795
	18,030	7,842	10,188
	110,472	108,770	1,702
	4,310	2,120	2,190
	32,170	32,435	-265
	90,981	91,808	-827
	1,040	930	110
	1,821	1,778	43
	1,458	944	514
	25,002	24,809	193
	98,938	99,234	-296
	50,409	52,242	-1,833
	25,120	25,109	11
	150,000	153,678	-3,678
	175,000	178,355	-3,355
	111,668	100,747	10,921
	50,000	51,902	-1,902
	20,000	20,776	-776
	100,000	94,973	5,027
	100,000	107,204	-7,204
	178,031	179,520	-1,489
	126,023	128,666	-2,643
	77,590	100,000	-22,410
	148,953	187,917	-38,964
	23,348	25,000	-1,652
	99,973	125,000	-25,027
	81,027	102,081	-21,054
	222,375	249,000	-26,625
		3,139	-3,139
		4,442	-4,442

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			8
b			-12,230
c			6
d			-13
e			38
			33
			9,472
			64
			44
			84
			-534
			-40
			-63
			-1,197
			-541
			-202
			-2
			-5,387
			-6,701
			-52
			-100
			25,412
			762
			58
			66
			8
			13
			13
			178
			46
			8,998
			4,148
			187
			31
			41
			142
			99
			98
			-19
			8
			62
			23
			2
			74
			17
			22
			40
			139
			137
			28
			5
			112
			32
			-42
			26
			-42
			0
			27
			31
			-9,179
			-60
			-3,120
			-6,355
			-70
			-4,079
			-10,350
			-9,740
			-349
			-2,097
			556
			445
			365
			-46
			12
			44
			-17
			254
			79
			-240
			-107
			89
			39
			-66
			36
			-58
			-5
			225
			-84
			276
			57
			90
			60
			-3
			123
			159
			-76
			140
			30
			-42
			14
			168
			146
			106
			212
			32
			0
			-25,004
			-82
			-35
			-4,197
			-2,828
			-3,169
			-10
			-75
			41
			42
			-128
			-133
			-142
			-334
			23,196
			2,809
			4
			0
			207
			-25
			0
			3,903
			207
			56
			463
			1,986
			1,293
			3,953
			2,277
			5,346
			3,540
			7,076
			6,007
			381
			4,478
			166
			206
			6,533
			8,717
			1,010
			5,681
			9
			19
			196
			187
			326
			176
			341
			10
			-15
			135
			-168
			250
			216
			138
			16
			-25
			657
			95
			-52
			57
			-5
			-45
			68
			129
			96
			154
			75
			-37
			96
			79
			3
			112
			158
			132
			-32
			-17
			-25
			52
			-1
			215
			-142
			6
			-13
			-66
			-255
			-49
			17
			-14,840
			4,715
			394
			9,181
			390
			452
			574
			-47
			50
			-48
			-167
			160
			1,345
			7,195
			142
			3,857
			-959
			-1,335
			-892
			-35
			-39
			93,949
			-132
			-22
			-143
			-796
			-52
			-58
			-626
			-50
			-2,124
			-1,421
			-1,016
			-924
			-226
			-347
			-1,118
			-881
			-547
			-51
			-54
			-13
			-5
			65,511
			14,184
			34,828
			126
			33
			25,458
			2,793
			934
			1,305
			1,562
			4,224
			2,011
			1,269
			3,929
			2,135
			349
			-45
			3,728
			10,151
			4,925
			13,458
			4,896
			13,739
			47
			35,467
			209,788
			22,039
			36,052
			3,217
			5,200
			3,652
			9,128
			4,750
			3,824
			2,247
			2,336
			15,454
			1,556
			6,128
			6,299
			7,918
			6,859
			3,217
			2,550
			1,348
			9,842
			643
			44,350
			32,795
			53,664
			14,221
			173
			9,720
			4,811
			29,896
			53,609
			15,988
			19,727
			9,400
			3,039
			70,183
			7,166
			6,576
			2,444
			1,298
			4,668
			68,594
			18,256
			8,239
			10,509
			4,860
			13,386
			160
			477
			445
			43,490
			2,498
			3,868
			5,756
			15,949
			105
			966
			10,217
			716
			557
			149
			4,048
			5,240
			1,737
			17,552
			1,504
			2,871
			4,229
			244
			2,599
			1,392
			872
			2,286
			5,119
			67,314
			55,995
			55,995
			21,227
			-390
			-1,340
			10,797
			21,257
			56,269
			34,733
			25,436
			42,817
			635
			1,067
			1,013
			-33
			291
			524
			-224
			22
			317
			945
			460
			29
			676
			27
			329
			436
			59
			1,465
			503
			288
			148
			416
			244
			196
			533
			418
			1,003
			1,490
			216
			-76
			287
			960
			609
			653
			96
			898
			529
			162
			812
			-109
			413
			186
			-304
			87
			308
			1,460
			129
			-60
			107
			565
			341
			33
			542
			-4
			230
			1,067
			253
			215
			516
			428
			75
			127
			600
			132
			-151
			-807
			3,562
			3,469
			588
			-876
			5
			449
			9,081
			23,418
			5,298
			9,677
			5,514
			-6,947
			-1,644
			-2,277
			11,770
			11,598
			1,393
			922
			1,417
			1,015
			531
			327
			-316
			31,393
			-18,554
			-881
			-3,907
			4,525
			8,782
			15,389
			717
			-5,439
			1,819
			5,210
			2,978
			43,173
			-320
			-225
			77
			-333
			-888
			-479
			-563
			-12
			-3,276
			55
			23,854
			1,757
			8,568
			859
			2,922
			20,547
			-16,761
			9,870
			26,912
			1,462
			-396
			-3,288
			-5,674
			-6,923
			26,104
			7,140
			12,135
			8,397
			21,450
			9,219
			219
			1,637
			1,083
			385
			702
			1,499
			1,258
			2,818
			57,311
			-359
			-156
			-234
			-210
			-3,254
			-9,970
			-816
			-823
			31,423
			784
			563
			254
			378
			1,059
			361
			118
			7
			105
			6
			11,195
			21,419
			98
			66
			210
			158
			1,441
			1,365
			793
			939
			872
			-120
			148
			463
			875
			83
			640
			505
			818
			-29
			394
			103
			695
			139
			1,319
			253
			404
			242
			619
			194
			180
			-40
			125
			550
			292
			1,297
			1,471
			100
			209
			220
			60
			890
			397
			696
			65
			461
			276
			52
			173
			-38
			483
			1,216
			554
			543
			15
			455
			60
			317
			242
			624
			356
			76
			74
			91
			120
			410
			360
			630
			213
			194
			1,254
			1,136
			1,560
			348
			674
			283
			419
			549
			546
			969
			212
			147
			1,383
			32
			3,239
			637
			1,569
			425
			1,342
			340
			469
			5,611
			3,984
			1,594
			641
			8,975
			11,282
			822
			14,142
			414
			29,877
			16,805
			8,511
			37,085
			16,500
			2,299
			1,183
			571
			1,046
			708
			156,795
			10,188
			1,702
			2,190
			-265
			-827
			110
			43
			514
			193
			-296
			-1,833
			11
			-3,678
			-3,355
			10,921
			-1,902
			-776
			5,027
			-7,204
			-1,489
			-2,643
			-22,410
			-38,964
			-1,652
			-25,027
			-21,054
			-26,625
			-3,139
			-4,442

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	2,451,985
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . . . .		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

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

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2012	953,846	26,855,223	0.035518
2011	1,346,444	26,102,884	0.051582
2010	1,271,360	24,488,659	0.051916
2009	1,254,916	22,171,968	0.056599
2008	1,273,011	25,427,835	0.050064

2	Total of line 1, column (d) ......................	2	0.245679
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	0.049136
4	Enter the net value of noncharitable-use assets for 2013 from Part X, line 5.....	4	30,061,700
5	Multiply line 4 by line 3.......................	5	1,477,112
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	31,904
7	Add lines 5 and 6.........................	7	1,509,016
8	Enter qualifying distributions from Part XII, line 4..............	8	1,518,193
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 (2013)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	31,904
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2............................	3	31,904
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	31,904
6	Credits/Payments:

a	2013 estimated tax payments and 2012 overpayment credited to 2013	6a	35,301
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	35,301
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	3,397
11	Enter the amount of line 10 to be: Credited to 2014 estimated tax3,397	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

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

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement (see instructions).................

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

Yes

Website address bullet

WWW.GWNF.ORG

The books are in care of bullet

MILLER MCDONALD INC Telephone no. bullet

(218) 751-6300

Located at bullet

513 BELTRAMI AVENUEBEMIDJIMN ZIP+4 bullet

56601

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

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

16 At any time during calendar year 2013, did the foundation have an interest in or a signature or other authority over YesNo

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 (2013)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2013?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2013, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2013?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2013 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 2013.)....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2013?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

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

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

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

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........YesNo

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

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

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

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

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

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

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

If "Yes" to 6b, file Form 8870.

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

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

Form 990-PF (2013)

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
MARCUS WIECHMANN	TRUSTEE 0.25	10,000	0	0
8944 N GRACE LAKE RD SE BEMIDJI,MN56601	TRUSTEE 0.25	10,000	0	0
SUZANNE LIAPIS	TRUSTEE 0.25	10,000	0	0
1122 MINNESOTA AVE NW BEMIDJI,MN56601	TRUSTEE 0.25	10,000	0	0
PAUL WELLE	TRUSTEE 0.25	10,000	0	0
3121 BIRCHMONT DR BEMIDJI,MN56601	TRUSTEE 0.25	10,000	0	0
JAMES NAYLOR	TRUSTEE 0.25	10,000	0	0
4925 OAKDALE LANE NW BEMIDJI,MN56601	TRUSTEE 0.25	10,000	0	0
GLEN LINDSETH	TRUSTEE 0.25	10,000	0	0
PO BOX 1558 BEMIDJI,MN56619	TRUSTEE 0.25	10,000	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1


2


3


4

Form 990-PF (2013)

Page 7

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


All other program-related investments. See page 24 of the instructions.
3

Total. Add lines 1 through 3......................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see instructions.)

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

purposes:

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

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

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

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

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

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

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

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

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

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

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

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

Part XI

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

and do not complete this part.)

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

1,503,085

Tax on investment income for 2013 from Part VI, line 5......

31,904

Income tax for 2013. (This does not include the tax from Part VI.)...

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

31,904

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

1,471,181

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

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

1,471,181

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

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

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

1,471,181

Part XII

Qualifying Distributions (see instructions)

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

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

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see instructions).................

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

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 (2013)

Page 8

Part XIII

Undistributed Income (see instructions)

	(a) Corpus	(b) Years prior to 2012	(c) 2012	(d) 2013
1 Distributable amount for 2013 from Part XI, line 7				1,471,181
2 Undistributed income, if any, as of the end of 2013:
a Enter amount for 2012 only.......			1,286,246
b Total for prior years:20, 20, 20		0
3 Excess distributions carryover, if any, to 2013:
a From 2008.......
b From 2009.......
c From 2010.......
d From 2011.......
e From 2012.......
fTotal of lines 3a through e.........	0
4Qualifying distributions for 2013 from Part
XII, line 4: $ 1,518,193
a Applied to 2012, but not more than line 2a			1,286,246
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 2013 distributable amount.....				231,947
e Remaining amount distributed out of corpus	0
5 Excess distributions carryover applied to 2013.	0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5	0
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........		0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......		0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........		0
e Undistributed income for 2012. Subtract line 4a from line 2a. Taxable amount—see instructions .............			0
f Undistributed income for 2013. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2014 ..........				1,239,234
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 2008 not applied on line 5 or line 7 (see instructions) ...	0
9Excess distributions carryover to 2014. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2009....
b Excess from 2010....
c Excess from 2011....
d Excess from 2012....
e Excess from 2013....

Form 990-PF (2013)

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 2013, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2013	(b) 2012	(c) 2011	(d) 2010	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ...........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

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

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

SUZANNE LIAPIS
PO BOX 692
BEMIDJI,MN56619
(218) 444-4963

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

GENERAL OUTLINE OF PROPOSAL

cAny submission deadlines:

NONE

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

QUALIFIED CHARITABLE ORGANIZATIONS

Form 990-PF (2013)

Page 10

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CHURCHES UNITED PO BOX 1967 BEMIDJI,MN56601	NONE	PUBLIC CHARITY	COMPUTER/EQUIPMENT	4,000
LAKELAND PUBLIC TV 1500 BIRCHMONT DR NE BEMIDJI,MN56601	NONE	PUBLIC CHARITY	CAPITAL CAMPAIGN	160,000
BELTRAMI CTY SHERIFF DEPT 613 MINNESOTA AVE NW BEMIDJI,MN56601	NONE	LOCAL GOVERNMENT	K-9 TRAINING	18,000
BEMIDJI AREA PREVENTION COLLABORATIVE 201 3RD ST BEMIDJI,MN56601	NONE	PUBLIC CHARITY	DRUG/ALCOHOL PROG	200,000
BEMIDJI AREA SERVICE COLLABORATIVE 701 MINNESOTA AVE BEMIDJI,MN56601	NONE	PUBLIC CHARITY	STUDENTS FIRST	20,000
BEMIDJI CHORALE PO BOX 1543 BEMIDJI,MN56619	NONE	PUBLIC CHARITY	MATCHING GRANT	3,500
BELTRAMI CTY HISTORICAL SOCIETY 130 MINNESOTA AVE SW BEMIDJI,MN56601	NONE	PUBLIC CHARITY	BELTRAMI CTY HISTY DISP	20,000
BSU FOUNDATION 1500 BIRCHMONT DR NE BEMIDJI,MN56601	NONE	PUBLIC CHARITY	SCHOLARSHIPS	16,248
BSU 1500 BIRCHMONT DR NE BEMIDJI,MN56601	NONE	PUBLIC CHARITY	INTERNSHIPS	29,258
CITY OF BEMIDJI 317 4TH ST NW BEMIDJI,MN56601	NONE	LOCAL GOVERNMENT	EVENTS CENTER	200,000
CONCORDIA LANGUAGE VILLAGE 8659 THORSONVEIEN BEMIDJI,MN56601	NONE	PUBLIC CHARITY	RUSSIAN CAMP	100,000
JEDC ECON DEV TRAINING PROGRAM 300 BEMIDJI AVE N BEMIDJI,MN56601	NONE	PUBLIC CHARITY	EQUIPMENT DEVELOPMENT	50,000
LEECH LAKE TRIBAL COLLEGE 6945 LITTLE WOLF RD NW CASS LAKE,MN56633	NONE	PUBLIC CHARITY	LIBRARY FACILITY	100,000
NORTHWEST TECHNICAL COLLEGE FOUNDATION 905 GRANT AVE SE BEMIDJI,MN56601	NONE	PUBLIC CHARITY	SCHOLARSHIPS	15,000
SANFORD HEALTH FOUNDATION 1300 ANNE ST NW BEMIDJI,MN56601	NONE	PUBLIC CHARITY	24 HOUR CARDIOLOGY	250,000
TROUT UNLIMITED 1300 N 17TH ST SUITE 500 ARLINGTON,VA222092404	NONE	PUBLIC CHARITY	DONATION	1,550
VOCALMOTIVE 502 MINNESOTA AVE BEMIDJI,MN56601	NONE	PUBLIC CHARITY	DONATION	2,500
BGC BEMIDJI AREA 1600 MINNESOTA AVE NW BEMIDJI,MN56601	NONE	PUBLIC CHARITY	CURTAIN & LIGHTS	47,763
LETS GO FISHING PO BOX 1041 BEMIDJI,MN56601	NONE	PUBLIC CHARITY	PONTOON	20,000
RABIDEAU CALC 200 ASH AVE CASS LAKE,MN56633	NONE	PUBLIC CHARITY	DONATION	552
ALASKA VOLUNTEER FIRE DEPT 28987 ALASKA LANE NW PUPOSKY,MN566679740	NONE	PUBLIC CHARITY	DONATION	10,000
BSU FOUNDATION 1500 BIRCHMONT DR NE BEMIDJI,MN56601	NONE	PUBLIC CHARITY	SCHOLARSHIPS	25,000
BGC BEMIDJI AREA 1600 MINNESOTA AVE NW BEMIDJI,MN56601	NONE	PUBLIC CHARITY	PROG	55,000
AMERICAN LEGION HONOR GUARD 217 MINNESOTA AVE NW BEMIDJI,MN56601	NONE	PUBLIC CHARITY	HONOR GUARD	9,835
BEMIDJI COMMUNITY FOOD SHELF 1260 INDUSTRIAL PARK DR SE BEMIDJI,MN56601	NONE	PUBLIC CHARITY	DONATION	5,000
BEMIDJI SYMPHONY ORCHESTRA PO BOX 3136 BEMIDJI,MN56619	NONE	PUBLIC CHARITY	DONATION	15,000
NORTHWEST TECHNICAL COLLEGE FOUNDATION 905 GRANT AVE SE BEMIDJI,MN56601	NONE	PUBLIC CHARITY	CSCL	12,000
BWELL UNKNOWN BEMIDJI,MN56601	NONE	PUBLIC CHARITY	SHIFTING GEARS	2,500
ADULT DAY SERVICES 620 CARR LAKE RD SE BEMIDJI,MN56601	NONE	PUBLIC CHARITY	REMODEL	25,000
ISD 31 502 MINNESOTA AVE NW BEMIDJI,MN56601	NONE	PUBLIC CHARITY	ACADEMIC AWARDS	2,200
MN PUBLIC RADIO 480 CEDAR STREET SAINT PAUL,MN55101	NONE	PUBLIC CHARITY	LOCAL SCHOOL PROG	5,000
SENIOR NUTRITION 519 BELTRAMI AVE NW BEMIDJI,MN56601	NONE	PUBLIC CHARITY	KITCHEN UPGRADE	5,000
FNB FOUNDATION PO BOX 670 BEMIDJI,MN56619	NONE	PRIVATE FOUDATION	DONATION	2,500
HEADWATERS SCHOOL OF MUSIC & THE ARTS 519 MINNESOTA AVE NW BEMIDJI,MN56601	NONE	PUBLIC CHARITY	HANDBELLS	2,000
Total ................................. 3a				1,434,406

bApproved for future payment
BELTRAMI COUNTY 701 MINNESOTA AVE BEMIDJI,MN56601	NONE	LOCAL GOVERNMENT	SHOOTING SPORTS	600,000
BEMIDJI AREA PREVENTION COLLABORATIVE 201 3RD ST BEMIDJI,MN56601	NONE	PUBLIC CHARITY	DRUG/ALCOHOL PROG	200,000
BEMIDJI STATE UNIVERSITY FOUNDATION 1500 BIRCHMONT DR NE BEMIDJI,MN56601	NONE	1500 BIRCHMONT DR NE	FULL TUITION SCHOLARSHIPS	121,590
BEMIDJI STATE UNIVERSITY FOUNDATION 1500 BIRCHMONT DR NE BEMIDJI,MN56601	NONE	1500 BIRCHMONT DR NE	FUND 25 SCHOLARSHIPS	100,000
BEMIDJI STATE UNIVERSITY 1500 BIRCHMONT DR NE BEMIDJI,MN56601	NONE	1500 BIRCHMONT DR NE	FUND 14 INTERNSHIPS	140,000
BEMIDJI STATE UNIVERSITY 1500 BIRCHMONT DR NE BEMIDJI,MN56601	NONE	1500 BIRCHMONT DR NE	REINVENT NTC	25,000
BEMIDJI YOUTH HOCKEY PO BOX 1141 BEMIDJI,MN56619	NONE	PUBLIC CHARITY	2ND RINK - BCA	1,200,000
BGC BEMIDJI AREA 1600 MINNESOTA AVE NW BEMIDJI,MN56601	NONE	PUBLIC CHARITY	PROGRAMMING	35,000
CITY OF BEMIDJI 317 4TH ST NW BEMIDJI,MN56601	NONE	LOCAL GOVERNMENT	EVENTS CENTER	200,000
CITY OF BEMIDJI 317 4TH ST NW BEMIDJI,MN56601	NONE	PUBLIC CHARITY	BUILDING RENOVATION	150,000
ISD 31 300 GILLETT DR NW BEMIDJI,MN56601	NONE	PUBLIC CHARITY	ATHL FAC STUDY	20,000
LAKELAND PUBLIC TV 1500 BIRCHMONT DR NE BEMIDJI,MN56601	NONE	PUBLIC CHARITY	CAPITAL CAMPAIGN	240,000
NORTHWEST TECHNICAL COLLEGE FOUNDATION 905 GRANT AVE SE BEMIDJI,MN56601	NONE	PUBLIC CHARITY	FUND 15 SCHOLARSHIPS	30,000
SANFORD HEALTH FOUNDATION 1300 ANNE ST NW BEMIDJI,MN56601	NONE	PUBLIC CHARITY	24 HR CARDIOLOGY	125,000
Total ................................. 3b				3,186,590

Form 990-PF (2013)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ............			14	15
4 Dividends and interest from securities....			14	908,812
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property .............
7 Other investment income.....			14	5,433
8 Gain or (loss) from sales of assets other than inventory .............			18	2,451,985
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)..		0		3,366,245	0

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

133,366,245

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2013)

Page 12

Part XVII

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political

Yes

organizations?

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2013)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Bond	End of Year Book Value	End of Year Fair Market Value
DU PONT E I DE NEMOURS & CO 5.250 12/15/2016	73,146	84,139
JOHNSON & JOHNSON 5.150 07/15/2018	125,100	142,238
WELLS FARGO BANK NA 4.750% 02/09/2015	97,479	104,493
WACHOVIA BANK NA 5.60% 3/15/16	227,071	246,404
BRANCH BANKING TR 5.625% 9/15/16	101,679	111,254
EMERSON ELEC CO 5.125% 12/01/16	168,085	182,299
BANK NEW YORK INC 5.50% 12/01/17	100,734	112,556
MBNA CORP 5.0% 6/15/15	120,544	132,041
CISCO SYS INC 5.5% 2/22/16	126,860	137,516
IBM CORP 5.700% 09/14/2017	181,931	200,953
GLAXOSMITHKLINE CAP INC 5.650% 05/15/2018	151,989	172,671
BOEING CO 5.0 3/15/14	155,845	152,391
SOUTHERN CAL EDISON 4.15 9/15/14	105,943	107,746
MERCK CO INC 4.0 6/30/15	208,150	215,385
TARGET CORP 5.375 5/1/17	149,443	168,607
BERKSHIRE HATH 5.4 5/15/18	103,330	115,023
BP CAPITAL MARKETS PLC 3.625 5/8/14	173,171	176,923
TOTAL CAPITAL SA 3.125 10/2/15	124,749	130,446
TARGET CORP 3.875 7/15/10	128,494	131,780
DU PONT E I DE NEMOURS & CO 3.25	101,027	102,869
TOYOTA MOTOR CREDIT CORP 1.25 11/17/2014	100,590	100,831
MORGAN STANLEY 5.5 1/26/2020	150,021	168,385
KIMBERLY CLARK 3.625 8/01/2020	108,257	114,705
NORTHERN TRUST CORP 3.45 11/04/2020	151,392	154,273
BECTON DICKINSON 3.25 11/12/2020	168,478	165,734
ARCHER DANIELS MIDLAND 4.479 3/01/2021	160,938	157,712
DOVER CORP 4.3 3/01/2021	152,877	158,748
LLOYDS TSB BANK PLC 6.375 1/21/2021	186,286	206,358
PACCAR FINANCIAL CORP 1.550 9/29/14	152,550	151,259
STATE STREET CORP 2.875 3/7/16	144,850	140,485
NATIONAL RURAL UTIL COOP 3.050 2/15/2022	159,992	145,720
HSBC HOLDINGS PLC 4.0 3/30/22	177,036	179,874
COOPERATIEVE CENTRALE MED TERM NOTE 10/13/15	153,807	153,867
GENERAL ELEC CO 1.0 12/11/15	100,324	100,801
JOHN DEERE CAPITAL CORP MED TERM	101,696	99,731
INTEL CORP 1.35 12/15/2017	150,334	148,251
PEPSICO INC 2.25 01/07/2013	125,543	125,373
GENERAL ELEC CO MED TERM 4/15/2023	125,000	124,238
LOWES COMPANIES INC 3.875 9/15/2023	152,664	150,816
BHP FINANCE USA 5.5 4/01/2014	102,548	101,275
BHP BILLITON FIN USA LTD 1.0 10/02/2015	151,191	150,822
TORONTO DOMINION BANK 2.375 10/19/16	205,042	207,646

Name of Stock	End of Year Book Value	End of Year Fair Market Value
PRAXAIR INC	68,988	209,868
EXXON MOBIL CORP	342,801	350,860
ALTRIA GROUP INC	91,002	261,781
PFIZER INC	534,276	838,067
VERIZON COMMUNICATIONS INC	120,241	161,965
INTEL CORP	195,607	318,572
MICROSOFT CORP	24,817	279,677
TEXAS INSTRUMENTS INC	63,726	151,753
WINDSTREAM CORP	126,364	122,964
MAXIM INTEGRATED PRODS	70,415	137,073
GENERAL DYNAMICS CORP	85,037	200,368
GENERAL ELEC CO	697,935	1,026,823
JOHNSON & JOHNSON	103,830	367,825
PHILIP MORRIS INTL INC	60,350	204,930
PRUDENTIAL FINANCIAL INC	202,070	391,382
WESTAR ENERGY INC	142,869	235,870
CONAGRA FOODS INC	149,088	226,835
HASBRO INC	163,111	306,461
J P MORGAN CHASE & CO	211,970	356,845
LIBERTY PPTY TR	55,389	82,914
MID-AMER APT CMNTYS INC	65,169	112,916
UNITED TECHNOLOGIES CORP	150,241	315,226
UNILEVER NV ADR	143,754	233,938
PPG INDS INC	114,417	344,612
REDWOOD TR INC	132,553	172,451
ANADARKO PETROLEUM CORP	140,231	229,473
CENTURY LINK INC	211,564	222,154
CHEVRON CORPORATION	226,699	673,265
EMERSON ELEC CO	79,764	199,732
FIFTH THIRD BANCORP	186,401	295,177
NATIONAL RETAIL PROPERTIES INC	72,034	100,938
CONOCOPHILLIPS	57,928	181,994
BANKUNITED INC	108,244	152,189
CAPITAL ONE FINANCIAL CORP	216,502	334,556
CINEMARK HLDGS INC	92,523	152,052
COMMUNITY BK SYS INC	84,315	137,809
DOW CHEM CO	167,543	280,786
OCCIDENTAL PETROLEUM CORPORATION	148,327	169,658
PPL CORPORATION	193,573	216,467
STARBUCKS CORP	84,575	192,291
STATE STR CORP	220,595	472,118
UNITED HEALTH GROUP INCORPORATED	212,056	335,085
GLAXO SMITHKLINE PLC ADR	240,529	321,835
SCOUT INTERNATIONAL FUND	473,785	529,174
BANK OF AMERICA CORP	354,737	667,657
BEST BUY CO INC	123,022	247,057
CITIGROUP INC	385,525	645,539
DOVER CORP	182,399	273,401
MARATHON OIL COMPANY	149,060	188,114
MERCK AND CO INC NEW	418,096	517,617
MONDELEZ INTERNATIONAL WI	147,761	273,434
PNC FINANCIAL SERVICES GROUP INC	91,761	113,965
PINNACLE WEST CAP CORP	147,175	158,019
ROCKWELL AUTOMATION INC	101,520	145,100
SLM CORP	132,746	213,210
SUNTRUST BKS INC	207,073	280,639
WALGREEN CO	202,670	308,051
WHIRLPOOL CORP	95,824	233,251
ASTRAZENECA PLC	174,944	220,560
CARNIVAL CORP	202,306	259,900
COVIDIEN PLC	190,491	258,371
EATON CORP PLC	247,317	360,733
VODAFONE GROUP PLC ADR	162,126	248,714
ISHARES MSCI EMERGING MKTS ETF	99,408	100,308
APPLE INC	267,593	361,297
C M S ENERGY CORP	177,814	170,445
CA INC	200,677	274,820
CISCO SYS INC	358,977	379,650
COMERICA INC	123,749	147,564
EXELON CORPORATION	122,671	108,793
KOHLS CORP	235,883	259,177
LOWES CO INC	161,815	212,817
M T BANK CORP	240,466	253,330
MFA FINANCIAL INC	185,278	156,534
MORGAN STANLEY	309,954	427,405
POLARIS INDS INC	258,164	419,734
PROCTER & GAMBLE CO	671,958	671,714
REGAL BELOIT CORP	273,221	292,742
REGIONS FINL CORP	171,419	179,088
SPECTRA ENERGY CORP	219,538	270,142
STAPLES INC	215,870	242,609
STARWOOD PROPERTY TRUST INC	243,073	258,026
STRYKER CORP	108,984	119,247
SYMANTEC CORP	227,795	241,836
UNUM GROUP	214,156	270,537
ZYLEM INC	187,863	227,080
GOLAR LNG LTD	134,696	129,846
LYONDELLBASELL INDURSTRIES CL A	206,565	267,092
LINCOLN NATL CORP IND	132,794	205,086

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ENBRIDGE ENERGY PARTNERS LP	FMV	56,954	165,868
WILLIAMS PARTNERS LP	FMV	99,933	123,488
LINN ENERGY LLC	FMV	133,871	166,050

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
ADMINISTRATIVE EXPENSES	10,200	0	10,200
INSURANCE	2,250	0	2,250
TELEPHONE	1,089	0	1,089
OFFICE SUPPLIES	771	0	771
DUES & SUBSCRIPTIONS	725	0	725
NONDEDUCTIBLE EXP FROM K-1	665	0	0
MISCELLANEOUS	311	0	311
NET ORDINARY LOSS FROM K-1	64,670	64,670	0
EQUIPMENT	817	0	817

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
MISCELLANEOUS INCOME	834	834	834
NET K-1 INCOME FROM EXTERRAN	4,599	4,599	4,599