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 04-01-2013 , and ending 03-31-2014

Name of foundation
KINGS DAUGHTERS HOME FOR OLD PEOPLE

Number and street (or P.O. box number if mail is not delivered to street address)C/O TWO RIVERS BANK 222 N MAIN Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BURLINGTON, IA52601

A Employer identification number

42-0627329

B Telephone number (see instructions)

(319) 753-9130

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

$1,890,060J 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	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	480
2	Check
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	58,251		58,251	58,251
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		27,194
b	Gross sales price for all assets on line 6a 878,459
7	Capital gain net income (from Part IV, line 2)...			1,250
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).......		52,555		52,555
12	Total. Add lines 1 through 11........	138,480		59,501	110,806
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......	125,103		31,276	31,276	62,576
15	Pension plans, employee benefits.......	9,570		2,392	2,392	4,786
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		1,550	1,550
c	Other professional fees (attach schedule)....		15,473	15,473
17	Interest...............
18	Taxes (attach schedule) (see instructions)		1,012	253	253	506
19	Depreciation (attach schedule) and depletion...		14,736		4,767
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		71,996		18,000	53,996
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	239,440		50,944	56,688	121,864
25	Contributions, gifts, grants paid........	12,156				12,156
26	Total expenses and disbursements. Add lines 24 and 25	251,596		50,944	56,688	134,020
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-113,116
b	Net investment income (if negative, enter -0-)			8,557
c	Adjusted net income (if negative, enter -0-)...				54,118

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...............		1	2	2
	2	Savings and temporary cash investments..........		188,255	63,086	63,086
	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)		7,635	6,264	6,670
	b	Investments—corporate stock (attach schedule)........		699,497	742,523	901,380
	c	Investments—corporate bonds (attach schedule)........		450,765	421,529	382,146
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........		542,787	534,059	536,776
	14	Land, buildings, and equipment: basis 402,711
		Less: accumulated depreciation (attach schedule) 273,571		120,779	129,140
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)		2,009,719	1,896,603	1,890,060
		17	Accounts payable and accrued expenses..........
18		Grants payable...................
19		Deferred revenue..................
20		Loans from officers, directors, trustees, and other disqualified persons
21		Mortgages and other notes payable (attach schedule)......
22		Other liabilities (describe )
23		Total liabilities (add lines 17 through 22)..........			0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................		2,009,719	1,896,603
	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)....................		2,009,719	1,896,603
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................		2,009,719	1,896,603

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	2,009,719
2	Enter amount from Part I, line 27a.....................	2	-113,116
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	1,896,603
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	1,896,603

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.)
1a
b
c
d
e

(e) Gross sales price		(f) Depreciation allowed (or allowable)	(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	1,250
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	133,130	1,888,150	0.070508
2011	127,944	1,937,138	0.066048
2010	119,822	1,981,767	0.060462
2009	120,471	1,880,056	0.064078
2008	132,741	1,904,746	0.069690

2	Total of line 1, column (d) ......................	2	0.330786
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	0.066157
4	Enter the net value of noncharitable-use assets for 2013 from Part X, line 5.....	4	1,800,778
5	Multiply line 4 by line 3.......................	5	119,134
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	86
7	Add lines 5 and 6.........................	7	119,220
8	Enter qualifying distributions from Part XII, line 4..............	8	134,020
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	86
	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
3	Add lines 1 and 2............................	3	86
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-).	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	86
6	Credits/Payments:

a	2013 estimated tax payments and 2012 overpayment credited to 2013	6a	569
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	569
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	483
11	Enter the amount of line 10 to be: Credited to 2014 estimated tax483	Refunded	11

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

Yes

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

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

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

Yes

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

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

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

Yes

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

N/A

The books are in care of bullet

TWO RIVERS BANK TRUST Telephone no. bullet

(319) 753-9130

Located at bullet

222 N MAIN STBURLINGTONIA ZIP+4 bullet

52601

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
OLIVE SULLIVAN	PRESIDENT 2.00	0	0	0
222 N MAIN BURLINGTON,IA52601	PRESIDENT 2.00	0	0	0
BETTY EVANS	DIRECTOR 1.00	0	0	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0	0	0
MARY HART	RECORDING SE 2.00	0	0	0
222 N MAIN BURLINGTON,IA52601	RECORDING SE 2.00	0	0	0
MARILYN GARRETT	CORRSPNDG SE 2.00	0	0	0
222 N MAIN BURLINGTON,IA52601	CORRSPNDG SE 2.00	0	0	0
KAY KENT	TREASURER 2.00	0	0	0
222 N MAIN BURLINGTON,IA52601	TREASURER 2.00	0	0	0
JUDY BROCKET	DIRECTOR 1.00	0	0	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0	0	0
PAT LATTY	DIRECTOR 1.00	0	0	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0	0	0
CHARLOTTE COURSEY	DIRECTOR 1.00	0	0	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0	0	0
MARY DISSELHORST	DIRECTOR 1.00	0	0	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0	0	0
MONIKA DOWELL	DIRECTOR 1.00	0	0	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0	0	0
KAY JACOBS	VICE PRESIDE 2.00	0	0	0
222 N MAIN BURLINGTON,IA52601	VICE PRESIDE 2.00	0	0	0
JEANETTE FISHER	DIRECTOR 1.00	0	0	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0	0	0
LOIS FORT	DIRECTOR 1.00	0	0	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0	0	0
GLORIA JEWETT	DIRECTOR 1.00	0	0	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0	0	0
PAT ANDERSON	DIRECTOR 1.00	0	0	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0	0	0
PHYLLIS ROXLAU	DIRECTOR 1.00	0	0	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0	0	0
SHARON WALDEN	DIRECTOR 1.00	0	0	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0	0	0
DORIS MOSELY-JOHNSON	DIRECTOR 1.00	0	0	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0	0	0
JUDY TOMKINS	DIRECTOR 1.00	0	0	0
222 N MAIN BURLINGTON,IA52601	DIRECTOR 1.00	0	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...................

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	OPERATION OF A FACILITY FOR THE LONG-TERM CARE, COMFORT AND MAINTENANCE OF ELDERLY PERSONS	238,428
2	PROVIDING SUPPORT TO CAMP LOOKOUT - A SUMMER CAMP IN MONTROSE, IA THAT PROVIDES ACTIVITIES FOR ALL CHILDREN AGES 7-17, REGARDLESS OF GENDER, DISABILITY, COLOR OR RELIGION	11,000
3	PROVIDING CHRISTMAS GIFTS TO NURSING HOME PATIENTS THAT WOULD OTHERWISE NOT RECEIVE ANY GIFTS	1,156
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	N/A
2


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

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

Part X

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

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

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

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

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

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

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

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

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

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

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

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
2 Undistributed income, if any, as of the end of 2013:
a Enter amount for 2012 only.......
b Total for prior years:20, 20, 20
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.........
4Qualifying distributions for 2013 from Part
XII, line 4: $ 134,020
a Applied to 2012, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions)......
c Treated as distributions out of corpus (Election required—see instructions).........
d Applied to 2013 distributable amount.....
e Remaining amount distributed out of corpus		134,020
5 Excess distributions carryover applied to 2013.
(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		134,020
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2012. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2013. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2014 ..........
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see instructions) .............
8Excess distributions carryover from 2008 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2014. Subtract lines 7 and 8 from line 6a ......
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
	0				0
b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....	134,020	133,815	128,617	119,822	516,274
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 ....	134,020	133,815	128,617	119,822	516,274
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...	60,026	62,939			122,965
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

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

1Information Regarding Foundation Managers:

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

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

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

Check here bullet

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

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

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

cAny submission deadlines:

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

Form 990-PF (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
CAMP LOOKOUT 2977 MISSISSIPPI RIVER RD MONTROSE,IA52639	SPONSORED AGNCY	EXEMPT	SCHOLARSHIPS	11,000
VARIOUS NURSING HOME PATIENTS VARIOUS BURLINGTON,IA52601	NONE		PROVIDE CHRISTMAS GIFTS	1,156
Total ................................. 3a				12,156

bApproved for future payment

Total ................................. 3b

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.)
aROOM AND BOARD FOR ELDERLY					52,555
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ............
4 Dividends and interest from securities....			14	58,251
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.....
8 Gain or (loss) from sales of assets other than inventory .............			18	1,250	25,944
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)..				59,501	78,499

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

13138,000

(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.)
1A	THE ORGANIZATION OPERATES A RETIREMENT HOME FOR THE CARE
1A	COMFORT AND MAINTENANCE OF THE ELDERLY, AND COLLECTS ROOM
1A	AND BOARD FROM RESIDENTS AS A PARTIAL OFFSET TO THE
1A	FACILITY'S OPERATING EXPENSES

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)

Yes

(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
1a(1)	183,515	KING'S DAUGHTERS HOME	THIS ENTITY SERVES A A 501(C)(2) TITLE HOLDING ENTITY FOR THE KINGS DAUGHTERS HOME FOR OLD PEOPLE. DURING THE YEAR, EXCESS CASH FUNDS ARE TRANSFERRED TO THE TRUST FOR INVESTMENT AND ALL INVESTMENT INCOME IS TRANSFERRED BACK TO THE HOME ON A QUARTERLY BASIS.

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

- TIN:

TY 2013 AccountingFeesSchedule

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN: 42-0627329

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INDIRECT ACCOUNTING FEES	1,550	1,550

- TIN:

TY 2013 CompensationExplanation

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN: 42-0627329

Person Name	Explanation
OLIVE SULLIVAN
BETTY EVANS
MARY HART
MARILYN GARRETT
KAY KENT
JUDY BROCKET
PAT LATTY
CHARLOTTE COURSEY
MARY DISSELHORST
MONIKA DOWELL
KAY JACOBS
JEANETTE FISHER
LOIS FORT
GLORIA JEWETT
PAT ANDERSON
PHYLLIS ROXLAU
SHARON WALDEN
DORIS MOSELY-JOHNSON
JUDY TOMKINS

- TIN:

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

TY 2013 DepreciationSchedule

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN: 42-0627329

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Adjusted Net Income
ELEVATOR	1990-08-16	19,143	19,143	S/L	10.0000
ELEVATOR MOTOR	1994-07-13	1,525	1,525	S/L	10.0000
TV	1992-11-12	891	891	S/L	10.0000
AMANA FREEZER	1994-10-11	662	662	S/L	10.0000
AMANA AIR CONDITIONER	1994-10-11	715	715	S/L	10.0000
CURIO TABLE	1995-06-14	481	481	S/L	10.0000
AIR CONDITIONER & FURNACE	1996-12-10	9,235	9,235	S/L	10.0000
APPLIANCES	1998-03-10	1,831	1,831	S/L	10.0000
ROCKING CHAIR	1999-06-09	86	86	S/L	10.0000
VACUUM	1999-08-10	532	532	S/L	10.0000
CLOTHES DRYER	2003-03-11	364	347	S/L	10.0000
MAYTAG REFRIGERATOR	2005-08-01	1,182	886	S/L	10.0000	119	40
REFINISHING FURNITURE	2006-08-17	3,786	3,516	S/L	7.0000	270	90
MAYTAG DISHWASHER	2006-09-12	576	535	S/L	7.0000	41	13
CROSLEY 20 CU FT FREEZER	2007-11-13	760	597	S/L	7.0000	109	36
RANGE	2008-02-12	434	279	S/L	7.0000	31	10
FLAT SCREEN TV	2008-02-12	1,567	1,008	S/L	7.0000	112	37
REFRIGERATOR	2008-09-09	535	416	200DB	7.0000	47	16
FAUCET & VANITY CABINET	2008-12-22	509	395	200DB	7.0000	46	15
FREEZER	2009-06-20	1,308	899	200DB	7.0000	117	39
DISHWASHER	2009-09-08	567	390	200DB	7.0000	51	17
COMPUTER SYSTEM	2011-01-11	762	542	200DB	5.0000	88	29
REMODELING IMPRVMNT	1990-06-30	28,083	28,083	S/L	15.0000
REMODELING	1991-09-11	3,144	3,144	S/L	15.0000
ELECTRICAL WORK	1992-04-17	4,922	4,922	S/L	15.0000
ASPHALT DRIVEWAY	1993-05-13	1,600	1,600	S/L	15.0000
REMODELING	1992-08-13	871	871	S/L	15.0000
CARPET	1992-10-14	398	398	S/L	15.0000
REMODELING	1992-12-23	7,300	7,300	S/L	15.0000
REMODELING	1993-02-12	9,916	9,916	S/L	15.0000
WIRING	1993-02-12	316	316	S/L	15.0000
PLUMBING	1993-03-12	3,890	3,890	S/L	15.0000
CARPET	1993-03-10	793	793	S/L	15.0000
WIRING	1993-03-10	3,342	3,342	S/L	15.0000
REMODELING	1992-10-14	1,829	1,829	S/L	15.0000
ROOF	1994-09-14	12,330	12,330	S/L	15.0000
2ND STORY BATHROOM	2009-12-09	1,083	373	150DB	15.0000	71	23
INTERIOR REMODELING	1996-07-29	19,935	19,935	S/L	15.0000
CARPET	1996-12-18	1,957	1,957	S/L	15.0000
KITCHEN REMODEL	1997-12-09	20,379	20,379	S/L	15.0000
CARPET	1998-03-03	2,049	2,049	S/L	15.0000
INTERIOR REMODELING	1997-04-08	10,517	10,517	S/L	15.0000
HANDRAIL	1997-05-13	4,233	4,233	S/L	15.0000
REMODEL	1998-12-08	1,950	1,885	S/L	15.0000	65	22
SIDEWALK	1999-04-13	1,225	1,102	S/L	15.0000	82	27
NEW SIGN	1999-06-11	60	54	S/L	15.0000	4	1
ENTRY DOOR/GARAGE	1999-07-13	374	337	S/L	15.0000	25	8
CEILING FANS	1999-07-13	254	229	S/L	15.0000	17	6
CEILING FANS	1999-08-10	1,285	1,156	S/L	15.0000	86	28
CARPET	1999-08-19	2,000	1,800	S/L	15.0000	133	44
WINDOW	1999-10-12	259	234	S/L	15.0000	17	6
CARPET	1999-11-09	446	401	S/L	15.0000	30	10
DEPOSIT ON PORCH	2000-01-12	600	540	S/L	15.0000	40	13
GARAGE DOOR W/ OPENER	2000-01-12	918	826	S/L	15.0000	62	21
CONCRETE	2000-02-08	1,975	1,777	S/L	15.0000	132	44
STORM WINDOWS	2000-05-09	2,948	2,457	S/L	15.0000	197	66
STORM DOORS	2000-06-14	494	412	S/L	15.0000	33	11
SERVICE TO 2ND FLOOR	2001-01-10	432	361	S/L	15.0000	28	9
LANDSCAPING	2001-05-09	2,354	1,805	S/L	15.0000	157	52
CARPET RM 11	2004-06-08	450	228	S/L	15.0000	15	5
RE ROOF HOUSE/GARAGE	2004-07-09	16,650	8,431	S/L	15.0000	555	185
BASEMENT REMODEL - BEAUTY SHOP	2004-05-12	11,065	5,605	S/L	15.0000	369	123
REMODEL/RECONSTRUCTION	2006-05-31	27,769	12,034	S/L	15.0000	1,851	617
HEAT & SMOKE DETECTORS	2006-04-26	7,920	3,432	S/L	15.0000	528	176
CARPETING	2006-05-03	3,887	1,684	S/L	15.0000	259	86
WATER HEATER	2006-05-09	3,591	1,556	S/L	15.0000	239	80
CONCRETE WORK; WALL SIDEWALK DRIVEWAY	2007-06-04	5,930	2,174	S/L	15.0000	395	132
BOILER	2007-10-09	11,997	4,399	S/L	15.0000	799	266
PARKING BLOCKS	2007-12-06	450	165	S/L	15.0000	30	10
SOUTH SIDE BATH REMODEL	2008-06-10	14,703	11,422	200DB	7.0000	1,312	437
WEST WALL CONSTRUCTION	2008-06-10	907	704	200DB	7.0000	81	27
BIDET	2008-06-19	551	428	200DB	7.0000	49	16
CARPETING	2008-08-12	1,320	1,026	200DB	7.0000	117	39
ARBOR	2009-06-09	270	93	150DB	15.0000	18	6
REPLACEMENT SIDEWALK	2009-12-08	350	121	150DB	15.0000	23	8
POOL REPAIRS	2010-05-14	8,000	1,952	150DB	15.0000	605	202
ASPHALT DRIVEWAY	2010-05-11	8,755	2,136	150DB	15.0000	662	221
FLAG POLE & LIGHTING	2010-11-09	1,202	676	200DB	7.0000	151	50
ELEVATOR REPAIR	2012-03-14	5,083	551	S/L	10.0000	508	170
FURNITURE	2011-10-11	1,619	628	200DB	7.0000	283	94
KITCHEN & BAHROOM WINDOWS	2012-03-14	2,851	76	S/L	39.0000	73	24
2ND FLR BATHROOM	2012-04-11	23,715	583	S/L	39.0000	608	203
PORCH / DECK	2012-08-16	16,667	267	S/L	39.0000	427	142
COUNTER TOP STOVE/OVEN	2013-11-01	2,766		200DB	7.0000	1,581	527
MICROWAVE	2013-11-01	281		200DB	7.0000	161	27
TABLE & CHAIRS	2013-11-01	1,200		200DB	7.0000	686	114
KITCHEN REMODEL	2013-12-01	18,850		S/L	39.0000	141	47

- TIN:

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TY 2013 GainLossSaleOtherAssetsSch

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN: 42-0627329

Name	Date Acquired	How Acquired	Date Sold	Gross Sales Price	Basis	Total (net)
FORWARD CREDIT	2012-12	PURCHASE	2013-06	10,000	10,372	-372
FORWARD CREDIT	2012-12	PURCHASE	2013-11	41,043	49,628	-8,585
ISHARES MSCI	2013-05	PURCHASE	2013-06	24,690	24,726	-36
ARBRITRAGE FUND	2011-10	PURCHASE	2013-06	20,000	20,317	-317
ARBRITRAGE FUND	2011-10	PURCHASE	2014-02	39,283	39,683	-400
AUTODESK	2009-07	PURCHASE	2014-02	10,855	3,695	7,160
GNMA POOL	2003-12	PURCHASE	2014-03	1,213	1,372	-159
GOLDMAN SACHS	2005-11	PURCHASE	2013-04	25,000	25,000
IQ GLOBAL RESOURCES	2011-10	PURCHASE	2013-09	42,959	42,000	959
ISHARES S&P	2010-07	PURCHASE	2013-06	14,843	11,603	3,240
ISHARES MSCI	2010-11	PURCHASE	2013-12	54,546	43,589	10,957
ISHARES TR IBOXX	2011-02	PURCHASE	2013-05	137,322	129,235	8,087
ISHARES BARCLAYS	2011-12	PURCHASE	2013-12	54,035	54,271	-236
JP MORGAN CHASE	2011-05	PURCHASE	2014-01	8,646	6,946	1,700
KINDER MORGAN	2009-07	PURCHASE	2013-05	113	57	56
MERRILL LYNCH	2006-12	PURCHASE	2014-02	150,000	149,670	330
MICROSOFT	2009-07	PURCHASE	2013-09	6,426	4,729	1,697
OPPENHEIMER	2011-07	PURCHASE	2013-06	25,000	24,943	57
PIMCO TOTAL RETURN	2010-07	PURCHASE	2013-12	65,120	67,263	-2,143
PFIZER	2011-05	PURCHASE	2013-09	5,644	4,168	1,476
PROCTOR & GAMBLE	2011-05	PURCHASE	2013-09	7,778	6,620	1,158
RAINER MIDCAP	2011-02	PURCHASE	2013-09	29,948	24,070	5,878
SYSCO	2011-05	PURCHASE	2013-09	6,408	5,922	486
TEMPLETON GLOBAL INCOME	2011-07	PURCHASE	2013-06	20,000	21,522	-1,522
VANGUARD MSCI EMERGING MKTS	2010-07	PURCHASE	2013-06	43,692	45,152	-1,460
VICTORY FUND	2011-12	PURCHASE	2013-12	27,650	30,000	-2,350
WESTERN UNION	2009-07	PURCHASE	2013-12	4,995	4,712	283

- TIN:

TY 2013 InvestmentsCorpBondsSchedule

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN: 42-0627329

Name of Bond	End of Year Book Value	End of Year Fair Market Value
BOEING	50,086	51,318
GE CAPITAL CORP	50,760	50,449
GOLDMAN SACHS
GOLDMAN SACHS SENIOR NOTE
LEHMAN BROTHERS HOLDING	42,477
MERRILL LYNCH
MORGAN STANLEY 5.375%	24,970	26,652
OCCIDENTAL PETROLEUM	50,541	53,532
BERSHIRE HATHAWAY	51,496	51,167
GCB MERCK	50,237	49,018
PHILLIP MORRIS	50,923	50,487
WELLS FARGO	50,039	49,523

- TIN:

TY 2013 InvestmentsCorpStockSchedule

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN: 42-0627329

Name of Stock	End of Year Book Value	End of Year Fair Market Value
AUTODESK
BERKSHIRE HATHAWAY CLASS B	10,339	18,746
COMPASS MINERALS	2,723	4,126
CONOCOPHILLIPS	6,875	7,035
ETF VANGUARD REIT	22,575	27,683
EXXON MOBIL	3,466	4,884
GENERAL DYNAMICS	5,437	10,892
HARBOR INTERNATIONAL	56,580	88,586
IQ GLOBAL RESOURCES
ISHARES MSCI ACWI INDEX	23,568	26,006
ISHARES TR S&P MIDCAP	86,318	113,550
ISHARES DJ US TELCOM	1,738	2,998
JOHNSON & JOHNSON	5,695	9,823
MEDTRONIC	5,236	9,231
MICROSOFT
NOVARTIS	4,056	8,502
PAYCHEX	5,041	8,520
PEPSICO	5,675	8,350
RAINIER MID CAP
SPDR TR ENERGY	4,595	8,906
SPDR TR INDUSTRIAL	4,308	6,158
SPDR TR TECHNOLOGY	3,625	7,270
SPDR TR MATERIALS	2,529	4,729
SPDR TR CONSUMER DISCRETIONARY	5,618	16,180
US BANCORP	5,222	12,858
VANGUARD MSCI EMERGING	25,574	24,754
WESTERN UNION
ARBRITRAGE FUND
DISCOVER FINANCIAL	4,546	11,638
EXELON CORP	4,273	3,356
ISHARES BARCLAYS INTERMED
ISHARES TR BOXXX
JP MORGAN CHASE
PFIZER
PROCTOR & GAMBLE
SYSCO
KINDER MORGAN	6,816	12,614
LOWES	4,721	12,225
CISCO	7,812	8,966
ETF PSH BANK LOAN	63,214	62,025
GE	7,005	7,767
ISHARES BARCLAYS INTERMED	85,525	85,762
ORACLE	8,094	10,228
PIMCO 0-5	141,688	143,497
SPDR BARCLAYS INTL	30,280	29,690
OPPENHEIMER DEV MKTS	23,000	23,581
SPDR CONSUMER STAPLES	8,156	8,612
VAN ECK	42,000	42,430
WELLS FARGO	8,600	9,202

- TIN:

TY 2013 InvestmentsGovtObligationsSch

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN: 42-0627329

US Government Securities - End of Year Book Value:

6,264

US Government Securities - End of Year Fair Market Value:

6,670

State & Local Government Securities - End of Year Book Value:

State & Local Government Securities - End of Year Fair Market Value:

- TIN:

TY 2013 InvestmentsOtherSchedule2

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN: 42-0627329

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
PIMCO TOTAL RETURN	AT COST	86,064	87,030
TEMPLETON GLBAL INCOME	AT COST	214,772	212,783
OPPENHEIMER	AT COST	148,115	152,030
MISCELLANEOUS	AT COST	108	108
FORWARD CREDIT ANALYSIS	AT COST
VICTORY FUND	AT COST
BAIRD	AT COST	85,000	84,825

- TIN:

TY 2013 LandEtcSchedule2

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN: 42-0627329

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
EQUIPMENT	402,711	273,571	129,140

- TIN:

TY 2013 OtherExpensesSchedule

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN: 42-0627329

Description	Revenue and Expenses per Books	Adjusted Net Income	Disbursements for Charitable Purposes
EXPENSES
UTILITIES	16,169	4,042	12,127
GROCERIES	9,759	2,440	7,319
INSURANCE	9,625	2,406	7,219
MISCELLANEOUS	8,707	2,177	6,530
CONTRACT LABOR	2,378	595	1,783
REPAIRS AND MAINTENANCE	12,067	3,017	9,050
SUPPLIES	1,205	301	904
LAWN CARE	4,099	1,025	3,074
WORK COMP INSURANCE	5,580	1,395	4,185
TRASH	100	25	75
PEST CONTROL	242	61	181
PAYROLL PREP FEES	2,065	516	1,549

- TIN:

TY 2013 OtherIncomeSchedule2

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN: 42-0627329

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
ROOM AND BOARD FOR ELDERLY	52,555		52,555

- TIN:

TY 2013 OtherProfessionalFeesSchedule

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN: 42-0627329

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TRUSTEE FEES	15,473	15,473

- TIN:

TY 2013 TaxesSchedule

Name:

KINGS DAUGHTERS HOME FOR OLD PEOPLE

EIN: 42-0627329

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FEDERAL EXCISE TAX	1,012	253	253	506