Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo 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.
bulletInformation 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 06-01-2013 , and ending 05-31-2014
Name of foundation
BEIDERWELL FOUNDATION US BANK TRUSTEE
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2400   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PADUCAH, KY420022400
A Employer identification number

61-1221699
B Telephone number (see instructions)

(270) 575-5340
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$1,727,045J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 37,012 37,012  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 188,360
b Gross sales price for all assets on line 6a 2,105,944
7 Capital gain net income (from Part IV, line 2)... 188,360
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).......      
12 Total. Add lines 1 through 11........ 225,372 225,372  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 23,955 23,955   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 5,440 5,440   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 1,482 1,067   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 193 193   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 31,070 30,655   0
25 Contributions, gifts, grants paid........ 79,571 79,571
26 Total expenses and disbursements. Add lines 24 and 25 110,641 30,655   79,571
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 114,731
b Net investment income (if negative, enter -0-) 194,717
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 36,989 129,954 129,954
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 736,672 Click to see attachment573,531 682,395
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 650,546 Click to see attachment836,211 914,696
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,424,207 1,539,696 1,727,045
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................... 78,813 79,571
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 78,813 79,571
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 1,460,591 1,460,591
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds -115,197 -466
30 Total net assets or fund balances (see page 17 of the
instructions).................... 1,345,394 1,460,125
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 1,424,207 1,539,696
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 1,345,394
2 Enter amount from Part I, line 27a..................... 2 114,731
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 1,460,125
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 1,460,125
Form 990-PF (2013)
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 SEE ATTACHED SCHEDULE P    
b SEE ATTACHED SCHEDULE P    
c SEE ATTACHED SCHEDULE P    
d SEE ATTACHED SCHEDULE P    
e CAPITAL GAINS DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 890,486   876,767 13,719
b 630,493   568,751 61,742
c 267,612   246,705 20,907
d 309,670   225,361 84,309
e 7,683     7,683
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       13,719
b       61,742
c       20,907
d       84,309
e       7,683
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 188,360
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2012 78,813 1,600,700 0.049237
2011 77,134 1,566,363 0.049244
2010 79,260 1,585,219 0.049999
2009 74,237 1,484,736 0.050000
2008 80,101 1,602,010 0.050000
2 Total of line 1, column (d) ...................... 2 0.248480
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 0.049696
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 1,669,293
5 Multiply line 4 by line 3....................... 5 82,957
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,947
7 Add lines 5 and 6......................... 7 84,904
8 Enter qualifying distributions from Part XII, line 4.............. 8 79,571
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)
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 Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 3,894
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 3,894
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 3,894
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 1,240
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,240
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 1
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,655
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletKY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletUS BANK Telephone no.bullet (270) 575-5340
    Located atbullet4TH BROADWAYPADUCAHKY ZIP+4bullet42001
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 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)
    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
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2013?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If "Yes," did it have excess business holdings in 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.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2013?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2013)
    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
    US BANK NA TRUSTEE
    1.00     		23,955 0 0
    PO BOX 2400
    PADUCAH,KY420022400
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2013)
    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.........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    83,465
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    3,894
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,894
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    79,571
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    79,571
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    79,571
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
     
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    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)
    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 79,571
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008....... 1,091
    b From 2009....... 1,495
    c From 2010....... 1,973
    d From 2011.......  
    e From 2012.......  
    fTotal of lines 3a through e......... 4,559
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 79,571
    a Applied to 2012, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2013 distributable amount..... 79,571
    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 4,559
    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 ..........     		0
    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) ...     		1,091
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		3,468
    10 Analysis of line 9:
    a Excess from 2009.... 1,495
    b Excess from 2010.... 1,973
    c Excess from 2011....  
    d Excess from 2012....  
    e Excess from 2013....  
    Form 990-PF (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 section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2013 (b) 2012 (c) 2011 (d) 2010
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number 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)
    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)
    aPaid during the year
    MURRAY STATE UNIVERSITY
    102 CURRIS CENTER
    MURRAY,KY42071     		NONE PUBLIC UNIVERSITY SCHOLARSHIPS 39,786
    PADUCAH JUNIOR COLLEGE
    4810 ALBEN BARKELY DR
    PADUCAH,KY42001     		NONE PUBLIC UNIVERSITY SCHOLARSHIPS 39,785
    Total .................................bullet 3a 79,571
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2013)
    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
    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....         37,012
    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 .............     		        188,360
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 0 225,372
    13Total. Add line 12, columns (b), (d), and (e)..................
    13225,372
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    4,8 MET.
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2013)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2013 AccountingFeesSchedule
    Name:
    BEIDERWELL FOUNDATION US BANK TRUSTEE
    EIN: 61-1221699
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WILLIAMS, WILLIAMS & LENTZ 5,440 5,440   0

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    BEIDERWELL FOUNDATION US BANK TRUSTEE
    EIN: 61-1221699
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO, 71 SHS 7,744 10,121
    ACE LTD, 93 SHS. 7,536 9,645
    AIA GROUP LTD, 199 SHS 3,215 3,970
    AIR LIQUIDE S A ADR, 156 SHS 3,245 4,111
    ALLEGHENY TECHNOLOGIES INC, 36 SH. 1,124 1,479
    ALLIANZ SE ADR, 265 SHS 3,380 4,500
    AMAZON COM INC, 30 SHS 9,934 9,376
    AMERIPRISE FINL INC, 9 SHS 894 1,013
    AMERISOURCEBERGEN CORP, 14 SHS 710 1,025
    ANHEUSER BUSCH INBEV, 37 SHS. 2,897 4,067
    APPLE INC, 25 SHS. 8,468 15,825
    ARM HLDGS PLC ADR; 160 SHS 3,591 7,392
    ATLAS COPCO AB SPONS ADR, 91 SHS 1,273 2,673
    B A E SYSTEMS PLC, 55 SHS. 1,488 1,571
    B G GROUP PLC ADR, 135 SHS 2,529 2,785
    BARCLAYS PLC ADR, 99 SHS 1,742 1,536
    BAXTER INTL INC, 42 SHS 2,659 3,125
    BAYERISCHE MOTOREN WERKE UNSPN ADR; 85 SHS 2,475 3,553
    BERKSHIRE HATHAWAY INC, 70 SHS 6,207 8,984
    BUNGE LIMITED, 36 SHS 2,363 2,798
    CANADIAN NATL RY CO, 138 SHS. 6,484 8,360
    CAPITAL ONE FINANCIAL CORP, 46 SHS 2,233 3,629
    CHECK POINT SOFTWARE TECH LTD, 22 SHS 1,137 1,419
    CHEVRON CORP, 32 SHS 3,219 3,929
    CITIGROUP INC; 62 SHS 1,759 2,949
    COACH INC, 76 SHS 4,188 3,094
    COCHLEAR LTD UNSPON ADR; 45 SHS 1,631 1,252
    COGNIZANT TECH SOLUTIONS CRP, 114 SHS 3,789 5,542
    CSL LIMITED ADR; 80 SHS 1,352 2,638
    CUMMINS INC; 52 SHS 4,941 7,952
    DASSAULT SYSTEMES SA ADR, 43 SHS 2,791 5,471
    DBS GROUP HLDGS LTD, 70 SHS 2,948 3,789
    E M C CORP, 310 SHS 6,967 8,234
    EBAY INC, 101 SHS. 4,421 5,124
    EMERSON ELEC CO, 46 SHS 2,775 3,070
    EXPRESS SCRIPTS, INC, 144 SHS. 8,701 10,292
    FANUC CORPORATION, 153 SHS 3,524 4,353
    FIFTH THIRD BANCORP, 68 SHS 1,314 1,407
    FRESENIUS MED CARE. 84 SHS 2,353 2,779
    GILEAD SCIENCES INC, 31 SHS. 573 2,518
    HASBRO INC, 71 SHS 2,535 3,813
    HITACHI LTD, 21 SHS. 1,182 1,422
    I C I C I BANK LIMITED ADR, 67 SHS 2,682 3,328
    IMPERIAL OIL LTD, 46 SHS 1,812 2,265
    INTEL CORP, 127 SHS. 2,650 3,470
    INTERNATIONAL BUSINESS MACH, 10 SHS. 1,296 1,844
    ITAU UNIBANCO HOLDINGS, 252 SHS 3,840 3,906
    J P MORGAN CHASE, 59 SHS. 2,522 3,279
    JGC CORP, 49 SHS. 2,678 2,817
    JOHNSON JOHNSON, 30 SHS 2,371 3,044
    KAO CORP, 54 SHS 1,768 2,146
    LOREAL CO UNSPONSORED ADR, 120 SHS 2,568 4,166
    LVMH MOET HENNESSY LOU VUITT ADR, 90 SHS 2,207 3,595
    MATTEL INC, 104 SHS. 2,710 4,038
    MICROSOFT CORP, 108 SHS 3,071 4,422
    MITSUI & CO LTD SPSD ADR, 5 SHS 1,463 1,523
    MONSTER BEVERAGE CORP, 33 SHS 1,644 2,290
    MTN GROUP LTD, 93 SHS 1,788 1,981
    NATIONAL OILWELL VARCO INC, 37 SHS. 2,470 3,029
    NESTLE SA SPONS ADR, 146 SHS 7,658 11,472
    NEWFIELD EXPL CO, 37 SHS 839 1,350
    NOVARTIS AG ADR, 23 SHS 1,530 2,071
    NOVO NORDISK AS ADR, 206 SHS 6,835 8,710
    ORACLE CORPORATION, 97 SHS. 2,698 4,076
    PARKER HANNIFIN CORP, 39 SHS. 3,361 4,884
    PERRIGO CO; 76 SHS 11,568 10,503
    PRICELINE COM INC, 2 SHS. 1,236 2,557
    QUALCOMM INC, 130 SHS. 7,270 10,458
    REPSOL SA; 59 SHS 1,734 1,671
    ROCHE HLDG LTD ADR, 176 SHS 3,617 6,493
    ROYAL DUTCH SHELL PLC ADR, 57 SHS 3,599 4,480
    SAP AG ADR, 87 SHS 5,115 6,655
    SCHLUMBERGER LTD, 98 SHS 6,629 10,196
    SCHNEIDER ELECT SA UNSP ADR, 203 SHS 2,575 3,806
    SEVEN & HLDGS, 22 SHS 1,422 1,768
    SONOVA HOLDING, 89 SHS. 1,414 2,717
    STERICYCLE INC, 37 SHS 2,855 4,232
    SVENSKA HANDELSBANKEN, 90 SHS 1,629 2,290
    SWATCH GROUP AG, 60 SHS. 1,705 1,770
    SYSMEX CORP, 156 SHS 2,286 2,733
    TAIWAN SEMICONDUCTOR ADR, 679 SHS 11,202 13,960
    TESCO PLC ADR, 104 SHS 1,709 1,589
    TURKIYE GARANTI BANKASI AS ADR; 638 SHS 2,956 2,581
    UNICHARM CORPORATION ADR; 290 SHS 2,603 3,535
    UNILEVER PLC SPSD ADR, 40 SHS 1,257 1,799
    UNUM GROUP, 113 SHS 3,391 3,832
    VARIAN MED SYS INC, 41 SHS 2,628 3,380
    VERISK ANALYTICS INC, 49 SHS. 2,734 2,900
    VISA INC CL A, 10 SHS 702 2,148
    VODAFONE GROUP PLC ADR; 39 SHS 1,841 1,365
    WAL MART STORES, 50 SHS. 3,006 3,838
    WESTERN DIGITAL CORP, 47 SHS 1,554 4,129
    WPP PLC SPONS ADR, 59 SHS 3,554 6,370
    XINYI GLASS HOLDINGS LTS, 53 SHS 546 736
    ZIONS BANCORPORATION, 37 SHS 887 1,058
    ABERCROMBIE & FITCH CO, 14 SH 573 532
    AGL RES INC., 25 SH 1,172 1,334
    AIR PRODS CHEMICALS INC., 7 SH 789 840
    ALBEMARLE CORP, 16 SH 1,073 1,107
    ALEXANDRIA REAL ESTATE EQUITIES INC., 19 SH 1,285 1,446
    ALLSTATE CORP, 15 SH 805 874
    AMERICAN CAMPUS CMNTYS INC, 36 SH 1,290 1,398
    AMERICAN EAGLE OUTFITTERS INC, 57 SH 801 612
    AMPCO-PITTSBURG CORP, 13 SH 257 281
    APOGEE ENTERPRISES INC, 19 SH 592 572
    APTAR GROUP INC, 30 SH 1,925 1,998
    ASTEC INDUSTRIES INC, 22 SH 779 878
    ASTRONICS CORP, 18 SH 869 987
    ATRION CORPORATION, 1 SH 269 315
    BADGER METER INC, 6 SH 319 297
    BALCHEM CORP, 4 SH 229 221
    BALDWIN LYONS INC, 15 SH 416 382
    BAR HBR BANKSHARES, 7 SH 180 178
    BED BATH & BEYOND INC, 58 SH 4,294 3,529
    BUCKLE INC, 8 SH 382 359
    C J ENERGY SERVICES INC, 39 SH 968 1,194
    CABOT MICROELECTRONICS CORPORATION, 10 SH 403 430
    CADENCE DESIGN SYS INC, 46 SH 728 768
    CAL MAINE FOODS INC, 14 SH 726 977
    CAREFUSION CORPORATION, 15 SH 592 644
    CELGENE CORP 5,444 5,203
    CHARLES RIVERS LABORATORIES, 16 SH 765 857
    CINTAS GROUP, 18 SH 968 1,118
    CITRIX SYS INC, 16 SH 965 992
    CLEAN HBRS INC, 22 SH 1,345 1,344
    CME GROUP INC, 58 SH 4,500 4,176
    COCA COLA ENTERPRISES INC, 15 SH 641 685
    COLUMBUS MCKINNON CORPORATION, 8 SH 210 225
    COOPER COS INC, 8 SH 1,075 1,032
    CPI AEROSTRUCTURES INC, 22 SH 267 275
    CUBIC CORP, 10 SH 547 486
    DARLING INTL INC, 53 SH 1,192 1,059
    DAWSON GEOPHYSICAL CO, 6 SH 188 157
    DENTSPLY INTL INC NEW, 20 SH 910 946
    DIEBOLD INC, 27 SH 890 1,013
    DOLLAR GENERAL CORP, 15 SH 891 807
    DOVER CORP, 12 SH 912 1,046
    DRIL QUIP INC, 7 SH 831 716
    EDISON INTL, 18 SH 896 993
    EQUITABLE CORP, 10 SH 895 1,069
    ESPEY MFG & ELECTRONICS CORP, 18 SH 596 467
    EXXON MOBIL CORP, 29 SH 2,559 2,915
    FIDELITY NATL INFORMATION SVCS INC, 25 SH 1,195 1,354
    FIRST LONG ISLAND CORP 369 347
    FLOWERS FOODS INC, 38 SH 926 792
    FLUOR CORP, 13 SH 995 976
    FOSTER L B CO, 29 SH 1,373 1,481
    FURMANITE CORPORATION, 23 SH 231 250
    GOOGLE INC CL A , 10 SH 4,025 5,716
    GOOGLE INC CL C, 10 SH 4,012 5,599
    GORMAN RUPP CO 2,370 2,283
    GRAHAM CORP, 16 SH 634 477
    GRAINGER W W INC, 7 SH 1,788 1,809
    GRANITE CONSTRUCTION INC, 70 SH 2,443 2,486
    GREAT PLAINS ENERGY INCORPORATED, 53 SH 1,248 1,349
    GREIF INC CL A, 18 SH 952 983
    GULF IS FABRICATION INC, 38 SH 1,017 749
    GULFMARK OFFSHORE INC CL A, 20 SH 1,041 928
    HANCOCK HLDG CO, 25 SH 827 844
    HARDINGE INC, 50 SH 789 638
    HARLEY DAVIDSON INC, 13 SH 827 926
    HARTFORD FINANCIAL SERVICES GRP INC, 34 SH 1,143 1,178
    HAWKINS INC, 9 SH 338 325
    HINGHAM INSTITUTION FOR SAVINGS, 4 SH 294 291
    HOST HOTELS RESORTS INC, 55 SH 1,019 1,214
    ICU MED INC 475 420
    INGREDION INC 624 685
    INTERPUBLIC GROUP COS INC, 37 SH 579 707
    J & J SNACK FOODS CORP, 23 SH 1,966 2,154
    JM SMUCKER CO, 16 SH 1,622 1,642
    JOHNSON OUTDOORS INC, 27 SH 741 674
    JOS A BANK CLOTHIERS INC, 42 SH 2,102 2,728
    JUNIPER NETWORKS INC, 36 SH 720 881
    K M G CHEMICALS INC, 23 SH 518 370
    KNOWLES CORP, 5 SH 149 141
    KOSS CORP, 24 SH 126 96
    KROGER CO, 27 SH 1,165 1,289
    L S I INDUSTRIES INC, 80 SH 663 635
    LAKELAND INDUSTRIES INC, 44 SH 246 337
    LKQ CORP, 83 SH 2,301 2,302
    M F R I INC, 40 SH 481 402
    M K S INSTRUMENTS INC, 12 SH 349 346
    M T BANK CORP, 40 SH 4,554 4,855
    MARCUS CORP, 41 SH 597 689
    MARTEN TRANSPORTATION LTD, 16 SH 275 385
    MERIT MED SYS INC, 31 SH 435 435
    MICROCHIP TECHNOLOGY INC, 29 SH 1,152 1,380
    MILLER INDUSTRIES INC, 13 SH 258 264
    MITCHAM INDS INC, 27 416 363
    MOLSON COORS BREWING CO CL B, 21 SH 1,131 1,381
    MONARCH CASINO & RESORT INC, 28 SH 563 458
    MONSANTO CO, 49 SH 5,250 5,971
    MSA SAFETY INC, 13 SH 651 711
    NATIONAL PRESTO INDS INC, 10 SH 710 704
    NEWELL RUBBERMAID INC, 33 SH 964 966
    NIKE INC, 86 SH 6,520 6,614
    NORFOLK SOUTHN CORP, 35 SH 2,938 3,526
    NUCOR CORP, 15 SH 764 759
    OIL DRI CORP AMER, 12 SH 447 391
    OLD DOMINION FGHT LINE INC, 12 SH 578 768
    OWENS III INC, 18 SH 550 598
    PATTERSON COMPANIES INC, 26 SH 1,076 1,018
    PETSMART INC, 12 SH 866 690
    PIKE CORPORATION, 22 SH 243 196
    PIONEER NAT RES CO, 5 SH 1,006 1,051
    PORTLAND GENERAL ELECTRIC COMPANY, 37 SH 1,092 1,224
    POWELL INDS INC, 8 SH 538 495
    QUEST DIAGNOSTICS INC, 16 SH 930 958
    RANGE RESOURCES CORP, 8 SH 593 744
    REGAL BELOIT CORP, 15 SH 1,103 1,145
    REINSURANCE GROUP AMERICA, 16 SH 1,140 1,251
    RPC ENERGY SVCS INC, 22 SH 364 486
    SALLY BEAUTY COMPANY, 35 SH 938 897
    SANDERSON FARMS INC, 7 SH 444 648
    SCANA CORPORATION, 18 SH 856 936
    SIFCO INDS INC, 22 SH 444 702
    SILGAN HLDGS INC, 15 SH 712 732
    SPAN AMERICA MEDICAL SYS INC, 27 SH 514 552
    SPECTRA ENERGY CORP, 37 SH 1,333 1,501
    STANLEY BLACK DECKER INC, 13 SH 999 1,136
    STARBUCKS CORP, 61 SH 4,481 4,468
    STARRETT L S CO, 9 SH 101 138
    STEPAN CO, 4 SH 244 214
    STURM RUGER & CO INC, 34 SH 2,357 2,061
    SUN HYDRAULICS CORP, 21 SH 837 775
    SUNTRUST BKS INC, 34 SH 1,170 1,303
    SYMANTEC CORP, 43 SH 1,033 946
    SYNALLOY CORP, 34 SH 522 533
    SYNOPSYS INC, 35 SH 1,342 1,347
    SYSCO CORP, 22 SH 717 826
    T C F FINL CORP, 69 SH 1,084 1,096
    TD AMERITRADE HLDG CORP, 198 SH 5,593 6,007
    THE GAP INC, 46 SH 1,927 1,897
    THOR INDUSTRIES INC, 6 SH 357 360
    TOOTSIE ROLL INDS INC, 3 SH 93 87
    TWIN DISC INC, 25 SH 661 811
    UNIT CORP, 40 SH 2,129 2,541
    UTAH MED PRODS INC, 26 SH 1,502 1,425
    VALUE LINE INC, 5 SH 46 75
    WEIS MKTS INC, 21 SH 1,082 995
    XCEL ENERGY INC, 39 SH 1,133 1,200
    XYLEM INC, 27 SH 762 1,007
    YUM BRANDS INC, 53 SH 3,547 4,097
    ZEP INC, 10 SH 210 175
    ACCOR SA S D R, 169 SH 1,560 1,788
    AIRBUS GROUP NV A D R, 97 SH 1,586 1,749
    AMERICA MOVIL A D R, 78 SH 1,652 1,508
    ASAHI KASEI CORP A D R, 11 SH 166 164
    ASOS PLC UNSP A D R, 53 SH 4,455 4,034
    AXA A D R, 60 SH 1,550 1,487
    BAIDU COM INC A D R, 7 SH 1,085 1,161
    BANCO BILBAO VIZCAYA ARGEN A D R, 329 SH 4,115 4,234
    BOMBARDIER INC CL B, 1 SH 5 3
    CAPGEMINI SA A D R, 47 SH 1,580 1,710
    CORE LABORATORIES N V, 24 SH 4,538 3,836
    DAIMLER AG, 29 SH 2,326 2,759
    DEUTSCHE BOERSE AG UNSPN A D R, 204 SH 1,635 1,548
    ENDURANCE SPECIALTY HOLDINGS, 17 SH 951 879
    ENN ENERGY HOLDINGS LTD A D R, 8 SH 1,362 1,422
    GEA GROUP AG SPON A D R, 29 SH 1,284 1,252
    HEINEKEN NV SPN A D R, 42 SH 1,463 1,486
    HONG KONG EXCHANGES A D R, 91 SH 1,472 1,692
    ICAP PLC A D R, 128 SH 1,601 1,705
    IPSEN SA SPONSORED A D R, 112 SH 1,278 1,381
    JULIUS BAER GROUP LTD A D R, 98 SH 982 847
    KOMATSU LTD A D R, 71 SH 1,674 1,551
    KONINKLIJKE DSM NV ADR, 84 SH 1,605 1,513
    KONINKLIJKE PHILIPS NVR NY A D R, 42 SH 1,497 1,325
    KONINKLIJKE ROYAL KPN NV AP ADR, 414 SH 1,552 1,548
    MCDERMOTT INTL INC, 44 SH 326 319
    MITSUBISHI ESTATE LTD A D R, 138 SH 3,966 3,379
    MONOTARO CO LTD UNSP A D R, 16 SH 377 368
    NABORS INDUSTRIES LTD, 23 SH 399 603
    NIPPON TELEGRAPH TELE A D R, 87 SH 2,381 2,582
    NOKIAN TYRES OYJ UNSPON A D R, 78 SH 1,940 1,649
    OTSUKA HOLDINGS LTD A D R, 84 SH 1,296 1,189
    PARTNERRE LTD, 10 SH 961 1,074
    PORSCHE AUTOMOBIL HLDG SE A D R, 154 SH 1,360 1,645
    ROTORK PLC UNSPONSORED A D R, 156 SH 3,720 3,479
    SANDS CHINA LTD UNSPONS A D R, 14 SH 1,135 1,020
    SASOL LTD SPONSORED A D R, 24 SH 1,232 1,351
    SECOM COMPANY LIMITED A D R, 119 SH 1,822 1,821
    SENSATA TECHNOLOGIES HOLDING, 109 SH 4,341 4,675
    SGS SA A D R, 246 SH 5,897 6,148
    SONY CORP A D R, 83 SH 1,496 1,343
    SUMITOMO MITSUI FINL GROUP A D R, 176 SH 1,716 1,438
    SUN ART RETAIL GROUP UNS A D R, 287 SH 4,434 3,395
    SUNCOR ENERGY INC, 46 SH 1,644 1,772
    SUNTORY BEVERAGE FOOD UADR, 48 SH 827 914
    TECHNIP-COFLEXIP A D R, 55 SH 1,628 1,469
    TENCENT HLDGS LTD A D R, 420 SH 4,665 5,930
    TORAY INDUSTRIES INC A D R, 24 SH 1,644 1,541
    TSINGTAO BREWERY SPONS A D R, 43 SH 3,480 3,381
    UNIBAIL RODAMCO SE UNSP A D R, 34 SH 914 953
    WAL MART DE MEXICO SAB DE CV A D R, 126 SH 3,295 3,194
    WILLIS GROUP HOLDINGS INC, 20 SH 925 839

    TY 2013 InvestmentsOtherSchedule2
    Name:
    BEIDERWELL FOUNDATION US BANK TRUSTEE
    EIN: 61-1221699
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ABERDEEN FDS EMRGN MKT INSL; 5055.328 SHS AT COST 73,644 77,245
    DRIEHAUS ACTIVE INCOME FUND; 4930.966SHS. AT COST 50,000 50,296
    FNMA #761341 5% 4/1/19 AT COST 1,115 1,168
    GNMA II POOL 1871 9% 9/20/24 AT COST 174 197
    GNMA POOL 324679 8% 4/15/22 AT COST 551 615
    ISHARES CORE S&P SMALL-CAP ETF, 550 SHS AT COST 26,536 59,015
    NUVEEN INFLATION PRO SEC CL I, 3952.681 SHS AT COST 42,874 44,744
    NUVEEN REAL ESTATE SECURIT CL I; 2483.726 SHS AT COST 26,588 57,026
    PIMCO TOTAL RETURN FUND, 3023.412 SHS AT COST 33,832 33,106
    NEUBERGER BERMAN LONG SH INS, 5751.134 SH AT COST 73,269 73,845
    FEDERATED INST HI YKD BD FD, 14711.14 SH AT COST 150,000 152,702
    GOLDMAN SACHS COMM STRAT INS, 6802.721 AT COST 40,000 39,660
    LOOMIS SAYLES GLBL BOND INST, 6031.363 AT COST 100,000 100,543
    NUVEEN STRATEGIC INCOME I, 47852.979 SH AT COST 52,849 56,052
    MORGAN DEMSEY SMALL MICRO CAP VALUE, 2519.798 SH AT COST 35,000 35,126
    NEUBERGER BERMAN LONG SH INS, 4284.681 SH AT COST 51,288 55,015
    OPPENHEIMER DEVELOPING MKT I, 1055.139 SH AT COST 40,000 40,676
    PRINCIPAL GI R E SEC INS, 1859.826 SH AT COST 15,288 16,590
    SPDR GOLD SHARES ETF, 175 SH AT COST 23,203 21,075

    TY 2013 OtherExpensesSchedule
    Name:
    BEIDERWELL FOUNDATION US BANK TRUSTEE
    EIN: 61-1221699
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYING AGENT FEES 193 193   0


    TY 2013 TaxesSchedule
    Name:
    BEIDERWELL FOUNDATION US BANK TRUSTEE
    EIN: 61-1221699
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 415 0   0
    FOREIGN TAX 1,067 1,067   0