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
FANCY HILL FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)901 SOUTH BOND STREET Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BALTIMORE, MD21231

A Employer identification number

52-2284314

B Telephone number (see instructions)

(410) 537-5404

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

$5,959,124J 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)
2	Check
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	83,081		81,155
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		363,856
b	Gross sales price for all assets on line 6a 2,607,760
7	Capital gain net income (from Part IV, line 2)...			363,856
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	446,937		445,011
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		29,457	29,457		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)		8,217	644		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	37,674		30,101	0	0
25	Contributions, gifts, grants paid........	245,834				245,834
26	Total expenses and disbursements. Add lines 24 and 25	283,508		30,101	0	245,834
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	163,429
b	Net investment income (if negative, enter -0-)			414,910
c	Adjusted net income (if negative, enter -0-)...				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...............
	2	Savings and temporary cash investments..........		207,121	283,863	283,863
	3	Accounts receivable
		Less: allowance for doubtful accounts			0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........		3,220,803	3,428,551	4,971,131
	c	Investments—corporate bonds (attach schedule)........		848,838	725,923	704,130
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........				0
	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)		4,276,762	4,438,337	5,959,124
		17	Accounts payable and accrued expenses..........
18		Grants payable...................
19		Deferred revenue..................
20		Loans from officers, directors, trustees, and other disqualified persons
21		Mortgages and other notes payable (attach schedule)......
22		Other liabilities (describe )
23		Total liabilities (add lines 17 through 22)..........			0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........		4,276,762	4,438,337
	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)....................		4,276,762	4,438,337
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................		4,276,762	4,438,337

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	4,276,762
2	Enter amount from Part I, line 27a.....................	2	163,429
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	4,440,191
5	Decreases not included in line 2 (itemize)	5	1,854
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	4,438,337

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	169. HARRIS CORP.		2009-06-25	2013-01-02
b	125. JOHNSON & JOHNSON		2012-02-29	2013-01-02
c	41. FOSSIL INC		2011-08-24	2013-01-03
d	2. HARRIS CORP.		2009-06-25	2013-01-03
e	134. HARRIS CORP.		2009-07-10	2013-01-07
	145. EATON CORP PLC		2012-11-30	2013-01-07
	175. EMERSON ELECTRIC CO.		2012-02-29	2013-01-08
	130. EATON CORP PLC		2012-11-30	2013-01-08
	121. EMERSON ELECTRIC CO.		2011-11-02	2013-01-14
	45. EMERSON ELECTRIC CO.		2012-02-29	2013-01-14
	6588.413 OAKMARK INTL SMALL CAP CL I		2010-06-11	2013-01-14
	135. EATON CORP PLC		2012-11-30	2013-01-14
	119. EMERSON ELECTRIC CO.		2011-11-02	2013-01-15
	145. EMERSON ELECTRIC CO.		2011-10-20	2013-01-15
	145. EMERSON ELECTRIC CO.		2011-12-22	2013-01-16
	. PROCEEDS OF LITIGATION FROM DELL INC			2013-01-16
	165. DELL INC		2010-05-20	2013-01-17
	120. NOVARTIS AG ADR		2012-09-11	2013-01-17
	34. COGNIZANT TECH SOLUTIONS CRP COM		2012-05-10	2013-01-22
	14. COGNIZANT TECH SOLUTIONS CRP COM		2012-05-10	2013-01-22
	205. DELL INC		2010-05-21	2013-01-22
	35. COGNIZANT TECH SOLUTIONS CRP COM		2012-05-10	2013-01-23
	13. COGNIZANT TECH SOLUTIONS CRP COM		2012-05-10	2013-01-23
	120. JOHNSON & JOHNSON		2012-02-10	2013-01-24
	28. COACH INC		2012-08-07	2013-01-25
	70. COACH INC		2012-09-21	2013-01-28
	154. PACCAR INC		2012-03-14	2013-01-30
	83. COACH INC		2012-09-21	2013-01-31
	33. COACH INC		2012-08-15	2013-02-01
	52. COACH INC		2008-09-11	2013-02-01
	66. COACH INC		2012-08-14	2013-02-01
	89. COACH INC		2008-09-11	2013-02-04
	23. COACH INC		2008-09-11	2013-02-05
	42. COACH INC		2008-09-11	2013-02-06
	1065. DELL INC		2010-10-07	2013-02-07
	335. DELL INC		2012-08-23	2013-02-07
	80. DIAGEO PLC-SPONSORED ADR NEW REPSTG 4 ORD SHS		2011-10-12	2013-02-07
	51. DIAGEO PLC-SPONSORED ADR NEW REPSTG 4 ORD SHS		2011-10-12	2013-02-08
	76. COACH INC		2008-09-11	2013-02-14
	615. CA INC		2010-06-30	2013-02-15
	51. COACH INC		2008-10-17	2013-02-15
	88. PRUDENTIAL FINANCIAL INC		2012-04-11	2013-02-19
	146. PRUDENTIAL FINANCIAL INC		2012-02-16	2013-02-19
	7. COVANCE INC		2009-10-30	2013-02-20
	92. COACH INC		2009-03-11	2013-02-21
	3. COVANCE INC		2009-10-30	2013-02-21
	3. COVANCE INC		2009-10-30	2013-02-21
	81. OCCIDENTAL PETROLEUM CORP.		2012-05-18	2013-02-21
	20. OCCIDENTAL PETROLEUM CORP.		2010-10-20	2013-02-21
	234. ORACLE SYSTEMS		2011-06-28	2013-02-21
	75. 3M COMPANY		2008-03-10	2013-02-21
	39. COACH INC		2009-03-11	2013-02-22
	3. COVANCE INC		2009-10-30	2013-02-22
	2. COVANCE INC		2009-10-30	2013-02-22
	100. OCCIDENTAL PETROLEUM CORP.		2012-11-01	2013-02-22
	18. PRUDENTIAL FINANCIAL INC		2012-02-15	2013-02-22
	47. PRUDENTIAL FINANCIAL INC		2012-04-11	2013-02-22
	20. COACH INC		2009-03-11	2013-02-25
	11. COVANCE INC		2009-10-30	2013-02-25
	3. COVANCE INC		2009-10-30	2013-02-25
	33. COACH INC		2009-03-11	2013-02-26
	7. COVANCE INC		2009-10-30	2013-02-26
	62. COACH INC		2009-03-11	2013-02-27
	2. COVANCE INC		2009-10-30	2013-02-27
	71. CARBO CERAMICS INC		2012-02-23	2013-02-28
	2. COVANCE INC		2009-07-16	2013-02-28
	100. ACE LTD		2009-08-05	2013-02-28
	14. COVANCE INC		2009-07-16	2013-03-01
	31. COVANCE INC		2009-07-16	2013-03-01
	5. COVANCE INC		2009-07-16	2013-03-04
	4. COVANCE INC		2009-07-16	2013-03-04
	6. GOOGLE INC CL A		2011-05-05	2013-03-04
	5. COVANCE INC		2009-07-16	2013-03-05
	4. COVANCE INC		2009-07-16	2013-03-05
	65. JOHNSON & JOHNSON		2012-02-10	2013-03-05
	11. COVANCE INC		2009-04-29	2013-03-06
	5. COVANCE INC		2009-04-29	2013-03-06
	105. TIFFANY & CO		2012-07-18	2013-03-08
	240. TIFFANY & CO		2012-06-15	2013-03-13
	40008.323 BROWN ADVISORY INTERMEDIATE INCOME		2011-12-08	2013-03-14
	715.043 BROWN ADVISORY INTERMEDIATE INCOME		2012-12-12	2013-03-14
	33. CIMAREX ENERGY CO		2012-01-04	2013-03-19
	122. CIMAREX ENERGY CO		2012-01-04	2013-03-20
	25. CIMAREX ENERGY CO		2012-11-06	2013-03-20
	5. CARBO CERAMICS INC		2012-02-08	2013-03-21
	47. CIMAREX ENERGY CO		2012-01-27	2013-03-25
	60. CIMAREX ENERGY CO		2012-12-21	2013-03-25
	25000. BROWN ADVISORY TACTICAL BOND ADV		2011-10-03	2013-03-27
	177.438 DOUBLELINE EMG MKTS INC I		2012-12-05	2013-03-27
	4343.358 DOUBLELINE EMG MKTS INC I		2011-11-22	2013-03-27
	396.699 HARBOR FUND INTERNATL FD		2011-02-17	2013-03-27
	46. ESTEE LAUDER COMPANIES CL A		2013-01-28	2013-04-15
	6. ESTEE LAUDER COMPANIES CL A		2012-03-15	2013-04-15
	87. PRUDENTIAL FINANCIAL INC		2012-02-15	2013-04-15
	37. 3M COMPANY		2008-03-10	2013-04-15
	3. CORE LABORATORIES N V		2011-09-16	2013-04-15
	160. E I DU PONT DE NEMOURS & CO.		2012-10-23	2013-04-16
	55. FMC TECHNOLOGIES INC		2012-04-24	2013-04-16
	15. CORE LABORATORIES N V		2011-09-16	2013-04-16
	56. PRUDENTIAL FINANCIAL INC		2012-05-03	2013-04-18
	4. PRUDENTIAL FINANCIAL INC		2012-02-15	2013-04-18
	50. 3M COMPANY		2008-03-10	2013-04-18
	11. DAVITA INC		2013-03-04	2013-04-19
	45. EXPRESS SCRIPTS HLDGS C		2011-03-02	2013-04-19
	95. JOHNSON & JOHNSON		2012-02-10	2013-04-19
	100. JOHNSON & JOHNSON		2012-02-10	2013-04-19
	70. NOVARTIS AG ADR		2010-12-16	2013-04-19
	40. NOVARTIS AG ADR		2012-08-07	2013-04-19
	67. PACCAR INC		2012-03-14	2013-04-19
	294. PRUDENTIAL FINANCIAL INC		2012-06-15	2013-04-19
	153. 3M COMPANY		2009-07-23	2013-04-19
	315. ACE LTD		2010-01-07	2013-04-19
	11. DAVITA INC		2013-03-01	2013-04-22
	103. PACCAR INC		2012-03-05	2013-04-22
	76. COGNIZANT TECH SOLUTIONS CRP COM		2012-05-07	2013-04-25
	9. COGNIZANT TECH SOLUTIONS CRP COM		2008-10-30	2013-04-25
	305. MICROSOFT CORP.		2010-01-29	2013-04-25
	4. GOOGLE INC CL A		2011-04-15	2013-04-30
	4. MEAD JOHNSON NUTRITION CO		2012-07-17	2013-04-30
	28. ESTEE LAUDER COMPANIES CL A		2013-01-28	2013-05-01
	16. AMPHENOL CORP - CL A		2010-04-21	2013-05-02
	5. ESTEE LAUDER COMPANIES CL A		2013-01-28	2013-05-02
	50. ESTEE LAUDER COMPANIES CL A		2012-03-16	2013-05-02
	17. ACCENTURE PLC CL A		2007-11-09	2013-05-02
	44. AMPHENOL CORP - CL A		2010-04-21	2013-05-03
	7. GOOGLE INC CL A		2011-04-15	2013-05-03
	22. MEAD JOHNSON NUTRITION CO		2012-07-17	2013-05-03
	120. MICROCHIP TECHNOLOGY INC		2012-10-16	2013-05-03
	95. PACCAR INC		2012-03-06	2013-05-03
	6. ACCENTURE PLC CL A		2007-11-09	2013-05-03
	23. AMPHENOL CORP - CL A		2010-04-20	2013-05-06
	14. MEAD JOHNSON NUTRITION CO		2012-07-18	2013-05-06
	25. ACCENTURE PLC CL A		2007-11-09	2013-05-06
	1. MEAD JOHNSON NUTRITION CO		2012-07-18	2013-05-07
	23. MEAD JOHNSON NUTRITION CO		2012-01-19	2013-05-07
	14. ACCENTURE PLC CL A		2007-11-09	2013-05-07
	180. JOHNSON & JOHNSON		2012-06-01	2013-05-09
	10. JOHNSON & JOHNSON		2012-02-10	2013-05-09
	115. NOVARTIS AG ADR		2011-01-06	2013-05-09
	12. COGNIZANT TECH SOLUTIONS CRP COM		2008-10-30	2013-05-10
	30. COGNIZANT TECH SOLUTIONS CRP COM		2008-10-30	2013-05-13
	120. CHARLES SCHWAB CORP.		2008-05-05	2013-05-13
	31. COGNIZANT TECH SOLUTIONS CRP COM		2008-10-30	2013-05-14
	57. CHARLES SCHWAB CORP.		2008-05-05	2013-05-14
	49. STARBUCKS CORP.		2013-02-22	2013-05-14
	60. COGNIZANT TECH SOLUTIONS CRP COM		2008-10-22	2013-05-15
	37. CHARLES SCHWAB CORP.		2008-05-05	2013-05-16
	27. CHARLES SCHWAB CORP.		2008-05-13	2013-05-17
	33. FLUOR CORP NEW COM		2011-03-04	2013-05-24
	22. FLUOR CORP NEW COM		2011-03-04	2013-05-28
	14. FLUOR CORP NEW COM		2011-03-04	2013-05-29
	110. NOVARTIS AG ADR		2011-01-06	2013-05-29
	10. FLUOR CORP NEW COM		2011-03-07	2013-05-30
	110. PACCAR INC		2012-03-06	2013-05-30
	35. E I DU PONT DE NEMOURS & CO.		2012-10-23	2013-05-31
	50. E I DU PONT DE NEMOURS & CO.		2009-11-09	2013-05-31
	54. MICROCHIP TECHNOLOGY INC		2012-10-16	2013-05-31
	56. MICROCHIP TECHNOLOGY INC		2012-10-16	2013-06-03
	65. CHARLES SCHWAB CORP.		2008-05-13	2013-06-04
	37. CHARLES SCHWAB CORP.		2008-05-13	2013-06-05
	105. CHARLES SCHWAB CORP.		2008-05-13	2013-06-06
	30. CHARLES SCHWAB CORP.		2008-04-24	2013-06-07
	20. MICROSOFT CORP.		2012-12-05	2013-06-18
	255. MICROSOFT CORP.		2010-12-02	2013-06-18
	75. PACCAR INC		2012-03-06	2013-06-21
	250. CHARLES SCHWAB CORP.		2008-07-01	2013-06-27
	61. EXPRESS SCRIPTS HLDGS C		2011-03-02	2013-07-09
	27. STARBUCKS CORP.		2013-02-21	2013-07-09
	2. CORE LABORATORIES N V		2011-09-16	2013-07-09
	140. HARTFORD FINANCIAL SERVICES GROUP INC		2013-05-09	2013-07-10
	290. METLIFE INC COM		2012-03-14	2013-07-10
	45. STARBUCKS CORP.		2012-10-25	2013-07-10
	3. CORE LABORATORIES N V		2011-09-16	2013-07-10
	425. CHARLES SCHWAB CORP.		2013-05-09	2013-07-11
	6. COVANCE INC		2009-04-29	2013-07-12
	2. CORE LABORATORIES N V		2011-09-16	2013-07-12
	7. COVANCE INC		2009-04-29	2013-07-15
	3. COVANCE INC		2009-04-29	2013-07-16
	4. COVANCE INC		2009-04-29	2013-07-17
	6. CORE LABORATORIES N V		2011-09-16	2013-07-17
	150. NORTHERN TR CORP		2011-02-11	2013-07-18
	105. E I DU PONT DE NEMOURS & CO.		2009-11-10	2013-07-19
	240. EATON CORP PLC		2012-11-30	2013-07-19
	80. MICROCHIP TECHNOLOGY INC		2012-10-23	2013-07-22
	75. E I DU PONT DE NEMOURS & CO.		2009-11-10	2013-07-23
	135. MICROCHIP TECHNOLOGY INC		2012-05-10	2013-07-23
	25. MICROCHIP TECHNOLOGY INC		2012-10-23	2013-07-23
	75. PACCAR INC		2012-04-11	2013-07-24
	65. EATON CORP PLC		2012-11-30	2013-07-24
	2. CORE LABORATORIES N V		2012-10-05	2013-08-01
	2. CORE LABORATORIES N V		2011-09-16	2013-08-01
	50. METLIFE INC COM		2012-09-14	2013-08-02
	130. METLIFE INC COM		2012-02-10	2013-08-02
	4. CORE LABORATORIES N V		2012-10-05	2013-08-02
	2. CORE LABORATORIES N V		2012-10-05	2013-08-05
	2. ANSYS INC		2010-11-30	2013-08-06
	27. FOSSIL GROUP INC		2011-08-24	2013-08-06
	10. FOSSIL GROUP INC		2011-09-06	2013-08-07
	100. E I DU PONT DE NEMOURS & CO.		2009-11-06	2013-08-08
	10. FOSSIL GROUP INC		2011-09-06	2013-08-08
	169.99977 FREEPORT-MCMORAN COPPER & GOLD B		2012-03-14	2013-08-08
	160.00023 FREEPORT-MCMORAN COPPER & GOLD B		2011-10-19	2013-08-08
	125. EATON CORP PLC		2012-11-30	2013-08-08
	38. METLIFE INC COM		2012-09-14	2013-08-19
	162. METLIFE INC COM		2012-01-24	2013-08-19
	146. NETAPP INC		2011-08-03	2013-08-20
	3. MASTERCARD INC		2008-09-25	2013-08-21
	8. MASTERCARD INC		2012-09-24	2013-08-21
	48. NETAPP INC		2011-08-03	2013-08-21
	255. BEST BUY COMPANY INC		2013-02-19	2013-08-22
	6. DECKERS OUTDOOR CORP		2013-01-15	2013-08-22
	9. MASTERCARD INC		2008-09-25	2013-08-22
	99. DECKERS OUTDOOR CORP		2013-01-15	2013-08-23
	9. MASTERCARD INC		2008-09-25	2013-08-23
	9. MASTERCARD INC		2008-09-25	2013-08-26
	10. MASTERCARD INC		2008-09-29	2013-08-27
	20. MASTERCARD INC		2008-11-10	2013-08-28
	4. CORE LABORATORIES N V		2012-10-05	2013-08-28
	22. MASTERCARD INC		2009-01-16	2013-08-29
	13. MASTERCARD INC		2009-01-16	2013-08-30
	7. CORE LABORATORIES N V		2012-10-08	2013-09-05
	100. DECKERS OUTDOOR CORP		2013-01-15	2013-09-06
	1. CORE LABORATORIES N V		2012-10-08	2013-09-06
	8. ANSYS INC		2010-11-30	2013-09-10
	6. ANSYS INC		2010-11-30	2013-09-11
	9. ANSYS INC		2010-10-18	2013-09-12
	1. ANSYS INC		2010-10-18	2013-09-16
	50. CARBO CERAMICS INC		2012-02-08	2013-09-16
	3. ANSYS INC		2010-10-18	2013-09-17
	110. MICROSOFT CORP.		2012-12-05	2013-09-17
	50. MICROSOFT CORP.		2011-03-04	2013-09-17
	7. ANSYS INC		2010-10-18	2013-09-18
	17. CARBO CERAMICS INC		2012-02-08	2013-09-30
	35. STARBUCKS CORP.		2012-10-25	2013-09-30
	32. CARBO CERAMICS INC		2012-02-08	2013-10-01
	21. STARBUCKS CORP.		2012-10-25	2013-10-01
	13. STARBUCKS CORP.		2012-10-25	2013-10-02
	51. CARBO CERAMICS INC		2012-02-29	2013-10-04
	7. APPLE COMPUTER INC.		2012-10-15	2013-10-07
	8. APPLE COMPUTER INC.		2012-12-07	2013-10-08
	95. MERCK AND CO INC		2006-06-13	2013-10-08
	84. CITRIX SYSTEMS INC		2013-05-30	2013-10-09
	7. CITRIX SYSTEMS INC		2008-07-01	2013-10-09
	70. DECKERS OUTDOOR CORP		2013-01-15	2013-10-09
	190. CITRIX SYSTEMS INC		2008-07-24	2013-10-10
	70. CITRIX SYSTEMS INC		2008-07-24	2013-10-11
	91. CITRIX SYSTEMS INC		2008-09-29	2013-10-14
	205. BEST BUY COMPANY INC		2013-02-19	2013-10-15
	73. CITRIX SYSTEMS INC		2008-09-29	2013-10-15
	60. CIMAREX ENERGY CO		2012-01-27	2013-10-24
	170. DECKERS OUTDOOR CORP		2013-01-24	2013-10-25
	10289.611 DOUBLELINE EMG MKTS INC I		2011-12-15	2013-10-25
	11322.464 DOUBLELINE EMG MKTS INC I		2013-05-20	2013-10-25
	1558.383 HARBOR FUND INTERNATL FD		2011-02-17	2013-10-25
	5. ANSYS INC		2010-10-18	2013-10-29
	6. ANSYS INC		2010-10-18	2013-10-30
	63. CARBO CERAMICS INC		2013-04-25	2013-10-31
	130. CARBO CERAMICS INC		2012-03-05	2013-10-31
	255. BEST BUY COMPANY INC		2013-02-19	2013-11-07
	185. MICROSOFT CORP.		2011-03-04	2013-11-07
	120. BEST BUY COMPANY INC		2013-02-22	2013-11-12
	12. IDEXX LABORATORIES CORP		2013-02-28	2013-11-12
	295. DECKERS OUTDOOR CORP		2013-01-22	2013-11-13
	8. IDEXX LABORATORIES CORP		2013-02-28	2013-11-13
	4. IDEXX LABORATORIES CORP		2008-10-21	2013-11-13
	20. IDEXX LABORATORIES CORP		2013-03-01	2013-11-13
	16. IDEXX LABORATORIES CORP		2008-10-21	2013-11-14
	33. IDEXX LABORATORIES CORP		2009-03-18	2013-11-15
	7. IDEXX LABORATORIES CORP		2009-03-18	2013-11-18
	23. CIMAREX ENERGY CO		2012-01-20	2013-11-19
	63. CIMAREX ENERGY CO		2012-12-13	2013-11-19
	36. CIMAREX ENERGY CO		2012-05-18	2013-11-20
	22. CIMAREX ENERGY CO		2012-12-13	2013-11-20
	15. IDEXX LABORATORIES CORP		2009-03-17	2013-11-20
	124. CIMAREX ENERGY CO		2012-06-18	2013-11-21
	15. IDEXX LABORATORIES CORP		2009-03-17	2013-11-21
	22. IDEXX LABORATORIES CORP		2009-03-17	2013-11-22
	5. IDEXX LABORATORIES CORP		2009-03-17	2013-11-25
	8. IDEXX LABORATORIES CORP		2009-03-17	2013-11-26
	101. FLUOR CORP NEW COM		2011-06-14	2013-11-27
	4. IDEXX LABORATORIES CORP		2009-03-17	2013-11-27
	69. FLUOR CORP NEW COM		2011-06-14	2013-11-29
	4. IDEXX LABORATORIES CORP		2009-03-17	2013-12-02
	50. IDEXX LABORATORIES CORP		2009-03-17	2013-12-02
	7. APPLE COMPUTER INC.		2013-01-23	2013-12-04
	15000. BROWN ADVISORY EMG MKTS INS		2012-12-13	2013-12-05
	6. IDEXX LABORATORIES CORP		2008-10-24	2013-12-05
	7055.503 METROPOLITAN WEST TR BOND I		2013-05-20	2013-12-05
	11. IDEXX LABORATORIES CORP		2008-10-24	2013-12-06
	340. METLIFE INC COM		2012-09-14	2013-12-06
	7. IDEXX LABORATORIES CORP		2008-10-24	2013-12-09
	10. IDEXX LABORATORIES CORP		2008-10-24	2013-12-10
	4. IDEXX LABORATORIES CORP		2008-10-24	2013-12-11
	15. IDEXX LABORATORIES CORP		2008-10-24	2013-12-12
	10. IDEXX LABORATORIES CORP		2009-03-17	2013-12-13
	15. IDEXX LABORATORIES CORP		2009-02-27	2013-12-16
	25. IDEXX LABORATORIES CORP		2009-02-27	2013-12-16
	57. IDEXX LABORATORIES CORP		2009-02-27	2013-12-17
	. PROCEEDS OF LITIGATION INTERNATIONAL GAME			2013-12-23
	5. APPLE COMPUTER INC.		2013-01-17	2013-12-24
	4. APPLE COMPUTER INC.		2012-11-08	2013-12-24
	75. FLUOR CORP NEW COM		2011-06-14	2013-12-24
	132. ABERCROMBIE & FITCH CO CL A		2013-07-19	2013-12-30
	73. ABERCROMBIE & FITCH CO CL A		2013-01-09	2013-12-31
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	8,471	4,789	3,682
b	8,813	8,084	729
c	3,932	3,712	220
d	101	57	44
e	6,708	3,697	3,011
	8,065	7,532	533
	9,498	8,890	608
	7,179	6,753	426
	6,676	6,001	675
	2,483	2,268	215
	94,478	75,569	18,909
	7,454	7,013	441
	6,532	5,577	955
	7,929	6,763	1,166
	7,897	6,612	1,285
	8		8
	2,104	2,369	-265
	7,918	7,148	770
	2,647	2,267	380
	1,090	848	242
	2,662	2,847	-185
	2,720	2,121	599
	1,011	777	234
	8,759	7,735	1,024
	1,424	1,589	-165
	3,580	3,968	-388
	7,428	7,307	121
	4,241	4,638	-397
	1,669	1,813	-144
	2,592	1,605	987
	3,290	3,620	-330
	4,335	2,691	1,644
	1,126	695	431
	2,053	1,270	783
	14,292	14,167	125
	4,496	3,817	679
	9,437	6,539	2,898
	6,083	4,168	1,915
	3,663	2,167	1,496
	15,384	11,516	3,868
	2,470	1,060	1,410
	5,099	5,379	-280
	8,460	8,842	-382
	478	362	116
	4,366	1,617	2,749
	201	155	46
	201	155	46
	6,749	6,906	-157
	1,666	1,615	51
	8,000	7,624	376
	7,702	5,682	2,020
	1,823	544	1,279
	200	155	45
	134	103	31
	8,357	8,022	335
	1,004	1,083	-79
	2,622	2,843	-221
	941	279	662
	734	568	166
	201	155	46
	1,532	460	1,072
	460	362	98
	2,983	865	2,118
	133	101	32
	6,485	6,610	-125
	134	98	36
	8,576	4,977	3,599
	932	684	248
	2,055	1,514	541
	334	244	90
	267	195	72
	4,881	3,209	1,672
	337	244	93
	270	187	83
	5,040	4,190	850
	746	444	302
	337	202	135
	7,364	5,776	1,588
	16,479	12,889	3,590
	445,293	437,377	7,916
	7,958	8,066	-108
	2,547	2,108	439
	9,134	7,792	1,342
	1,872	1,590	282
	482	459	23
	3,583	2,848	735
	4,574	3,620	954
	247,500	250,000	-2,500
	1,962	1,959	3
	48,038	44,954	3,084
	25,000	24,889	111
	3,101	2,910	191
	405	380	25
	4,884	5,235	-351
	3,981	2,803	1,178
	380	319	61
	7,903	7,287	616
	2,733	2,615	118
	1,929	1,596	333
	3,079	3,136	-57
	220	241	-21
	5,238	3,779	1,459
	1,350	1,330	20
	2,490	2,548	-58
	7,951	6,124	1,827
	8,398	6,446	1,952
	5,058	4,122	936
	2,890	2,369	521
	3,236	3,009	227
	16,250	14,912	1,338
	16,154	10,723	5,431
	28,039	15,363	12,676
	1,346	1,318	28
	4,997	4,622	375
	4,736	4,463	273
	561	167	394
	9,800	8,543	1,257
	3,294	2,133	1,161
	325	295	30
	1,952	1,771	181
	1,214	756	458
	351	316	35
	3,506	3,161	345
	1,357	595	762
	3,389	2,066	1,323
	5,916	3,732	2,184
	1,774	1,622	152
	4,490	3,907	583
	5,008	4,230	778
	478	210	268
	1,776	1,080	696
	1,122	1,030	92
	1,975	875	1,100
	80	74	6
	1,842	1,687	155
	1,106	490	616
	15,365	11,132	4,233
	854	645	209
	8,544	6,759	1,785
	783	223	560
	1,899	557	1,342
	2,178	2,731	-553
	1,941	576	1,365
	1,057	1,297	-240
	3,101	2,632	469
	3,824	1,074	2,750
	699	842	-143
	521	608	-87
	2,096	2,342	-246
	1,416	1,561	-145
	890	993	-103
	7,975	6,375	1,600
	637	705	-68
	5,978	4,890	1,088
	1,981	1,594	387
	2,830	1,719	1,111
	1,982	1,718	264
	2,054	1,781	273
	1,285	1,454	-169
	705	827	-122
	2,033	2,328	-295
	594	652	-58
	701	530	171
	8,941	6,854	2,087
	3,921	3,334	587
	5,244	5,336	-92
	3,902	3,454	448
	1,838	1,440	398
	314	213	101
	4,421	4,134	287
	14,139	10,946	3,193
	3,050	2,084	966
	468	319	149
	9,129	7,394	1,735
	475	242	233
	309	213	96
	556	282	274
	239	121	118
	315	161	154
	919	638	281
	8,855	8,298	557
	5,985	3,573	2,412
	16,357	12,402	3,955
	3,184	2,452	732
	4,288	2,537	1,751
	5,409	4,073	1,336
	1,002	759	243
	4,200	3,310	890
	4,428	3,359	1,069
	309	206	103
	309	213	96
	2,548	1,826	722
	6,624	4,791	1,833
	617	411	206
	308	206	102
	178	97	81
	3,409	2,422	987
	1,222	872	350
	5,982	3,350	2,632
	1,220	865	355
	5,246	6,484	-1,238
	4,938	5,750	-812
	8,153	6,437	1,716
	1,811	1,388	423
	7,722	5,910	1,812
	6,076	7,498	-1,422
	1,865	589	1,276
	4,973	3,640	1,333
	1,999	2,186	-187
	8,919	4,451	4,468
	357	242	115
	5,579	1,768	3,811
	5,897	3,988	1,909
	5,607	1,768	3,839
	5,575	1,768	3,807
	6,085	1,937	4,148
	12,205	3,227	8,978
	619	411	208
	13,521	2,993	10,528
	7,901	1,613	6,288
	1,092	719	373
	6,161	3,909	2,252
	157	102	55
	701	386	315
	529	277	252
	795	413	382
	88	46	42
	4,969	4,588	381
	263	138	125
	3,625	2,918	707
	1,648	1,312	336
	611	321	290
	1,689	1,560	129
	2,690	1,621	1,069
	3,185	2,936	249
	1,618	973	645
	999	602	397
	5,075	4,675	400
	3,434	4,420	-986
	3,877	4,685	-808
	4,528	3,220	1,308
	5,615	5,382	233
	468	203	265
	4,351	2,736	1,615
	11,182	5,283	5,899
	4,143	1,851	2,292
	5,335	2,297	3,038
	8,413	3,578	4,835
	4,233	1,786	2,447
	6,235	3,473	2,762
	11,431	6,615	4,816
	108,555	106,482	2,073
	119,452	125,000	-5,548
	112,500	97,773	14,727
	439	229	210
	528	273	255
	7,602	4,593	3,009
	15,686	11,491	4,195
	10,452	4,451	6,001
	6,943	4,847	2,096
	5,251	2,062	3,189
	1,283	1,114	169
	22,630	11,037	11,593
	846	738	108
	423	168	255
	2,113	1,827	286
	1,709	673	1,036
	3,537	1,195	2,342
	745	230	515
	2,235	1,320	915
	6,121	3,579	2,542
	3,509	2,016	1,493
	2,144	1,250	894
	1,607	490	1,117
	12,249	6,361	5,888
	1,607	488	1,119
	2,335	716	1,619
	529	163	366
	838	259	579
	7,907	6,436	1,471
	419	129	290
	5,392	4,397	995
	420	129	291
	5,229	1,606	3,623
	3,953	3,688	265
	145,650	150,000	-4,350
	624	192	432
	75,000	77,328	-2,328
	1,146	353	793
	17,507	12,403	5,104
	728	224	504
	1,037	321	716
	412	128	284
	1,530	481	1,049
	1,023	314	709
	1,554	458	1,096
	2,587	764	1,823
	5,907	1,742	4,165
	65		65
	2,835	2,582	253
	2,268	2,172	96
	5,952	4,779	1,173
	4,382	6,469	-2,087
	2,415	3,478	-1,063
			23,175

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			3,682
b			729
c			220
d			44
e			3,011
			533
			608
			426
			675
			215
			18,909
			441
			955
			1,166
			1,285
			8
			-265
			770
			380
			242
			-185
			599
			234
			1,024
			-165
			-388
			121
			-397
			-144
			987
			-330
			1,644
			431
			783
			125
			679
			2,898
			1,915
			1,496
			3,868
			1,410
			-280
			-382
			116
			2,749
			46
			46
			-157
			51
			376
			2,020
			1,279
			45
			31
			335
			-79
			-221
			662
			166
			46
			1,072
			98
			2,118
			32
			-125
			36
			3,599
			248
			541
			90
			72
			1,672
			93
			83
			850
			302
			135
			1,588
			3,590
			7,916
			-108
			439
			1,342
			282
			23
			735
			954
			-2,500
			3
			3,084
			111
			191
			25
			-351
			1,178
			61
			616
			118
			333
			-57
			-21
			1,459
			20
			-58
			1,827
			1,952
			936
			521
			227
			1,338
			5,431
			12,676
			28
			375
			273
			394
			1,257
			1,161
			30
			181
			458
			35
			345
			762
			1,323
			2,184
			152
			583
			778
			268
			696
			92
			1,100
			6
			155
			616
			4,233
			209
			1,785
			560
			1,342
			-553
			1,365
			-240
			469
			2,750
			-143
			-87
			-246
			-145
			-103
			1,600
			-68
			1,088
			387
			1,111
			264
			273
			-169
			-122
			-295
			-58
			171
			2,087
			587
			-92
			448
			398
			101
			287
			3,193
			966
			149
			1,735
			233
			96
			274
			118
			154
			281
			557
			2,412
			3,955
			732
			1,751
			1,336
			243
			890
			1,069
			103
			96
			722
			1,833
			206
			102
			81
			987
			350
			2,632
			355
			-1,238
			-812
			1,716
			423
			1,812
			-1,422
			1,276
			1,333
			-187
			4,468
			115
			3,811
			1,909
			3,839
			3,807
			4,148
			8,978
			208
			10,528
			6,288
			373
			2,252
			55
			315
			252
			382
			42
			381
			125
			707
			336
			290
			129
			1,069
			249
			645
			397
			400
			-986
			-808
			1,308
			233
			265
			1,615
			5,899
			2,292
			3,038
			4,835
			2,447
			2,762
			4,816
			2,073
			-5,548
			14,727
			210
			255
			3,009
			4,195
			6,001
			2,096
			3,189
			169
			11,593
			108
			255
			286
			1,036
			2,342
			515
			915
			2,542
			1,493
			894
			1,117
			5,888
			1,119
			1,619
			366
			579
			1,471
			290
			995
			291
			3,623
			265
			-4,350
			432
			-2,328
			793
			5,104
			504
			716
			284
			1,049
			709
			1,096
			1,823
			4,165
			65
			253
			96
			1,173
			-2,087
			-1,063

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	363,856
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	55,000	4,812,805	0.011428
2011	41,250	4,649,366	0.008872
2010	237,550	4,228,887	0.056173
2009	277,465	3,879,306	0.071524
2008	250,167	4,603,324	0.054345

2	Total of line 1, column (d) ......................	2	0.202342
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	0.040468
4	Enter the net value of noncharitable-use assets for 2013 from Part X, line 5.....	4	5,247,174
5	Multiply line 4 by line 3.......................	5	212,343
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	4,149
7	Add lines 5 and 6.........................	7	216,492
8	Enter qualifying distributions from Part XII, line 4..............	8	245,834
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	4,149
	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	4,149
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	4,149
6	Credits/Payments:

a	2013 estimated tax payments and 2012 overpayment credited to 2013	6a	6,179
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c	45
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	6,224
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	2,075
11	Enter the amount of line 10 to be: Credited to 2014 estimated tax2,075	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

Yes

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

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

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

Yes

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

or 4942(j)(5) for calendar year 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

The books are in care of bullet

BROWN ADVISORY Telephone no. bullet

(410) 537-5404

Located at bullet

901 SOUTH BOND STREETBALTIMOREMD ZIP+4 bullet

21231

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
BENJAMIN H GRISWOLD IV	TRUSTEE 0	0
901 SOUTH BOND STREET BALTIMORE,MD21231	TRUSTEE 0	0
JACK S GRISWOLD	TRUSTEE 0	0
901 SOUTH BOND STREET BALTIMORE,MD21231	TRUSTEE 0	0
JACK S GRISWOLD JR	TRUSTEE 0	0
295 CENTRAL PARK WEST NEW YORK,NY10024	TRUSTEE 0	0
MICHAEL D HANKIN	TRUSTEE 0	0
901 SOUTH BOND STREET BALTIMORE,MD21231	TRUSTEE 0	0
BENJAMIN HUFTY GRISWOLD	TRUSTEE 0	0
142 EAST 71ST ST 11A NEW YORK,NY10021	TRUSTEE 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....................

262,359

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

4,149

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

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

4,149

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

258,210

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

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

258,210

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

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

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

258,210

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					258,210
2 Undistributed income, if any, as of the end of 2013:
a Enter amount for 2012 only.......				188,062
b Total for prior years:2011, 20, 20			0
3 Excess distributions carryover, if any, to 2013:
a From 2008.......	0
b From 2009.......	0
c From 2010.......	0
d From 2011.......	0
e From 2012.......	0
fTotal of lines 3a through e.........		0
4Qualifying distributions for 2013 from Part
XII, line 4: $ 245,834
a Applied to 2012, but not more than line 2a				188,062
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.....					57,772
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 ..........					200,438
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....	0
b Excess from 2010....	0
c Excess from 2011....	0
d Excess from 2012....	0
e Excess from 2013....	0

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 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
B&O RAILROAD MUSEUM 901 WEST PRATT STREET BALTIMORE,MD21223	NONE	PUBLIC CHARITY	GENERAL	8,334
ENTERPRISE FOUNDATION 10227 WINCOPIN CIRCLE COLUMBIA,MD21044	NONE	PUBLIC CHARITY	GENERAL	20,000
GBMC FOUNDATION 6701 NORTH CHARLES STREET BALTIMORE,MD21204	NONE	PUBLIC CHARITY	GENERAL	50,000
THE SEED FDN 1776 MASSACHUSETTS AVENUE NW WASHINGTON,DC20036	NONE	PUBLIC CHARITY	GENERAL	50,000
CRISTO REY JESUIT SCHOOL 420 SOUTH CHESTER STREET BALTIMORE,MD212312729	NONE	PUBLIC CHARITY	GENERAL	25,000
AWAKENED LIFE P O BOX 2368 SANTA FE,NM87504	NONE	PUBLIC CHARITY	GENERAL	7,500
THINKGIVE 26 ELM STREET CONCORD,MA01742	NONE	PUBLIC CHARITY	GENERAL	2,500
BUDDHIST PEACE FELLOWSHIP PO BOX 3470 BERKELEY,CA94703	NONE	PUBLIC CHARITY	GENERAL	2,500
MARYLAND ZOO IN BALTIMORE 11000 BROKEN LAND PARKWAY COLUMBIA,MD21044	NONE	PUBLIC CHARITY	GENERAL	20,000
KENNEDY KRIEGER INSTITUTE 707 N BROADWAY BALTIMORE,MD21205	NONE	PUBLIC CHARITY	EQUIPMENT FOR PATIENTS	10,000
EVERYMAN THEATER 1727 NORTH CHARLES STREET BALTIMORE,MD21201	NONE	PUBLIC CHARITY	CAPITAL CAMPAIGN	5,000
FATHER MARTIN'S ASHLEY 800 TYDINGS LANE HAVRE DE GRACE,MD21078	NONE	PUBLIC CHARITY	NEW BUILDING CAPITAL	25,000
R ADAMS COWLEY SHOCK TRAUMA CENTER 22 SOUTH GREENE STREET BALTIMORE,MD21201	NONE	PUBLIC CHARITY	NEW SHOCK TRAUMA CARE TOWER	20,000
Total ................................. 3a				245,834

bApproved for future payment
R ADAMS COWLEY SHOCK TRAUMA CTR 22 S GREENE STREET BALTIMORE,MD21201	NONE	NEW SHOCK TRAUMA CARE TOWER	80,000
FATHER MARTIN'S ASHLEY 800 TYDINGS LANE HAVRE DE GRACE,MD21078	NONE	NEW BUILDING CAPITAL	100,000
EVERYMAN THEATER 1727 NORTH CHARLES STREET BALTIMORE,MD21201	NONE	GENERAL	20,000
GBMC FOUNDATION 6701 NORTH CHARLES STREET BALTIMORE,MD21204	NONE	GENERAL	200,000
KENNEDY KRIEGER INSTITUTE 707 NORTH BROADWAY BALTIMORE,MD21205	NONE	FUNDING NEW EQUIPMENT FOR	40,000
MARYLAND ZOO IN BALTIMORE 11000 BROKEN LAND PARKWAY COLUMBIA,MD21044	NONE	GENERAL	60,000
Total ................................. 3b			500,000

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 ............
4 Dividends and interest from securities....			14	83,081
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	363,856
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)..				446,937

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

13446,937

(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
DOUBLELINE EMG MKTS INC I
BROWN ADV TACTICAL BOND ADV
METROPOLITAN WEST TR BOND	725,923	704,130
BROWN INTERM BOND FUND

Name of Stock	End of Year Book Value	End of Year Fair Market Value
COMMON STOCK	2,154,912	3,260,500
EQUITY MUTUAL FUNDS	788,889	1,076,283
FOREIGN STOCK	484,750	634,348

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT FEES-PRIN	29,452	29,452
OTHER NON-ALLOCABLE EXPENSE -	5	5

Category	Amount	Net Investment Income
FOREIGN TAXES	633	633
FEDERAL EXCISE TAX	1,394	0
QUARTERLY TAX DEPOSIT	6,179	0
FOREIGN TAXES ON QUALIFIED FOR	11	11