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
RESIDUAL TUW CATHERINE IOLA MICHAEL

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

20-6988404

B Telephone number (see instructions)

(410) 537-5465

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

$20,257,140J 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......	379,824		372,572
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,234,202
b	Gross sales price for all assets on line 6a 11,486,624
7	Capital gain net income (from Part IV, line 2)...			1,234,202
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).......			21,631
12	Total. Add lines 1 through 11........	1,614,026		1,628,405
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)....		123,795	123,795		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)		21,427	6,010		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..........	145,222		129,805	0	0
25	Contributions, gifts, grants paid........	701,692				701,692
26	Total expenses and disbursements. Add lines 24 and 25	846,914		129,805	0	701,692
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	767,112
b	Net investment income (if negative, enter -0-)			1,498,600
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..........		803,826	818,436
	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)		1,888,044	1,356,680	1,351,663
	b	Investments—corporate stock (attach schedule)........		12,047,445	11,786,032	14,951,318
	c	Investments—corporate bonds (attach schedule)........		1,497,735	3,079,909	3,038,346
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............		922,286	915,813	915,813
	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)		17,159,336	17,956,870	20,257,140
		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.........		17,159,336	17,956,870
	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)....................		17,159,336	17,956,870
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................		17,159,336	17,956,870

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	17,159,336
2	Enter amount from Part I, line 27a.....................	2	767,112
3	Other increases not included in line 2 (itemize)	3	37,545
4	Add lines 1, 2, and 3..........................	4	17,963,993
5	Decreases not included in line 2 (itemize)	5	7,123
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	17,956,870

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	216. HARRIS CORP.		2009-07-10	2013-01-02
b	165. JOHNSON & JOHNSON		2012-02-29	2013-01-02
c	78. FOSSIL INC		2011-08-24	2013-01-03
d	3. HARRIS CORP.		2009-07-10	2013-01-03
e	172. HARRIS CORP.		2009-07-10	2013-01-07
	185. EATON CORP PLC		2012-11-30	2013-01-07
	225. EMERSON ELECTRIC CO.		2012-02-29	2013-01-08
	165. EATON CORP PLC		2012-11-30	2013-01-08
	162506.83 F H L M C GD Q08903 3.500% 6/01/42		2012-08-10	2013-01-10
	60. EMERSON ELECTRIC CO.		2012-02-29	2013-01-14
	153. EMERSON ELECTRIC CO.		2011-11-02	2013-01-14
	180. EATON CORP PLC		2012-11-30	2013-01-14
	152. EMERSON ELECTRIC CO.		2011-11-02	2013-01-15
	188. EMERSON ELECTRIC CO.		2011-10-20	2013-01-15
	753.98 F H L M C GD G11649 4.500% 2/01/20		2006-07-11	2013-01-15
	27.4 F H L M C #1J0203 2.456% 4/01/35		2006-12-28	2013-01-15
	3952.08 F H L M C GD C03796 3.500% 4/01/42		2012-07-18	2013-01-15
	121037.76 F H L M C GD C03796 3.500% 4/01/42		2012-07-18	2013-01-15
	454.91 F H L M C GD C09015 3.000% 10/01/42		2012-11-08	2013-01-15
	1579.42 F H L M C GD Q08903 3.500% 6/01/42		2012-08-10	2013-01-15
	35000. DELL INC 5.875% 6/15/19		2012-07-24	2013-01-16
	187. EMERSON ELECTRIC CO.		2011-12-22	2013-01-16
	212. DELL INC		2010-05-21	2013-01-17
	155. NOVARTIS AG ADR		2012-09-11	2013-01-17
	66. COGNIZANT TECH SOLUTIONS CRP COM		2012-05-10	2013-01-22
	26. COGNIZANT TECH SOLUTIONS CRP COM		2012-05-10	2013-01-22
	263. DELL INC		2010-05-21	2013-01-22
	69. COGNIZANT TECH SOLUTIONS CRP COM		2012-05-10	2013-01-23
	26. COGNIZANT TECH SOLUTIONS CRP COM		2012-05-10	2013-01-23
	150. JOHNSON & JOHNSON		2012-02-10	2013-01-24
	54. COACH INC		2012-08-07	2013-01-25
	3293.85 F N M A #256752 6.000% 6/01/27		2008-02-07	2013-01-25
	4494.65 F N M A #257048 6.000% 1/01/28		2007-12-18	2013-01-25
	3039.83 F N M A #AJ5336 3.000% 11/01/26		2011-11-10	2013-01-25
	2673.6 F N M A #848817 5.000% 1/01/36		2005-12-21	2013-01-25
	557.04 F N M A #AB6278 2.500% 9/01/27		2012-09-11	2013-01-25
	137. COACH INC		2012-09-21	2013-01-28
	35000. EASTMAN CHEMICAL CO 3.600% 8/15/22		2012-06-20	2013-01-29
	90128.7 U S TREASURY I P S 0.125% 7/15/22		2012-08-14	2013-01-29
	35000. AVALONBAY CMNTYS IN 2.950% 9/15/22		2012-09-14	2013-01-30
	197. PACCAR INC		2012-03-14	2013-01-30
	96. TIME WARNER CABLE INC		2012-05-04	2013-01-30
	161. COACH INC		2012-09-21	2013-01-31
	35000. DEVON ENERGY CORP 3.250% 5/15/22		2012-06-15	2013-01-31
	18000. ENTERPRISE PRODUCTS 5.200% 9/01/20		2011-09-20	2013-01-31
	10000. KOHLS CORPORATION 4.000% 11/01/21		2012-02-07	2013-01-31
	30000. KOHLS CORPORATION 4.000% 11/01/21		2012-02-08	2013-01-31
	65. COACH INC		2012-08-15	2013-02-01
	130. COACH INC		2012-08-14	2013-02-01
	99. COACH INC		2009-05-08	2013-02-01
	174. COACH INC		2009-05-08	2013-02-04
	45. COACH INC		2009-05-08	2013-02-05
	22000. ENTERPRISE PRODUCTS 5.200% 9/01/20		2011-09-14	2013-02-05
	81. COACH INC		2009-05-08	2013-02-06
	430. DELL INC		2012-08-23	2013-02-07
	1370. DELL INC		2010-10-07	2013-02-07
	103. DIAGEO PLC-SPONSORED ADR NEW REPSTG 4 ORD SHS		2011-10-12	2013-02-07
	65. DIAGEO PLC-SPONSORED ADR NEW REPSTG 4 ORD SHS		2011-10-12	2013-02-08
	98347.65 F H L M C GD C09015 3.000% 10/01/42		2012-11-08	2013-02-12
	657. CENTURYTEL INC		2010-11-04	2013-02-14
	149. COACH INC		2009-05-08	2013-02-14
	1676. WINDSTREAM CORP		2010-11-04	2013-02-14
	25000. AMERICA MOVIL SAB DE 5.000% 3/30/20		2011-06-14	2013-02-15
	790. CA INC		2010-06-30	2013-02-15
	152. CENTURYTEL INC		2010-10-27	2013-02-15
	99. COACH INC		2008-10-07	2013-02-15
	673.34 F H L M C GD G11649 4.500% 2/01/20		2006-07-11	2013-02-15
	3844.67 F H L M C #1J0203 2.456% 4/01/35		2006-12-28	2013-02-15
	625.12 F H L M C GD C09015 3.000% 10/01/42		2012-11-08	2013-02-15
	89. CENTURYTEL INC		2010-10-27	2013-02-19
	163. CENTURYTEL INC		2010-10-27	2013-02-19
	186. PRUDENTIAL FINANCIAL INC		2012-02-16	2013-02-19
	115. PRUDENTIAL FINANCIAL INC		2012-04-11	2013-02-19
	94. CENTURYTEL INC		2010-10-20	2013-02-20
	13. COVANCE INC		2009-05-05	2013-02-20
	296. CINCINNATI FINANCIAL CORP		2010-11-04	2013-02-21
	179. COACH INC		2008-10-07	2013-02-21
	6. COVANCE INC		2009-05-05	2013-02-21
	6. COVANCE INC		2009-05-05	2013-02-21
	130. OCCIDENTAL PETROLEUM CORP.		2012-05-18	2013-02-21
	303. ORACLE SYSTEMS		2011-06-28	2013-02-21
	104. PLUM CREEK TIMBER CO., INC.		2012-03-12	2013-02-21
	142. PLUM CREEK TIMBER CO., INC.		2011-10-28	2013-02-21
	98. 3M COMPANY		2007-04-19	2013-02-21
	77. COACH INC		2008-10-07	2013-02-22
	6. COVANCE INC		2009-05-05	2013-02-22
	5. COVANCE INC		2009-05-05	2013-02-22
	125. OCCIDENTAL PETROLEUM CORP.		2012-11-01	2013-02-22
	341. OCCIDENTAL PETROLEUM CORP.		2013-02-14	2013-02-22
	65. PRUDENTIAL FINANCIAL INC		2012-04-11	2013-02-22
	15. PRUDENTIAL FINANCIAL INC		2012-02-15	2013-02-22
	405. ABBOTT LABORATORIES		2010-11-04	2013-02-25
	38. COACH INC		2008-10-07	2013-02-25
	168. CONSOLIDATED EDISON INC		2010-10-20	2013-02-25
	21. COVANCE INC		2009-05-05	2013-02-25
	5. COVANCE INC		2009-05-05	2013-02-25
	3180.56 F N M A #256752 6.000% 6/01/27		2008-02-07	2013-02-25
	2811.04 F N M A #257048 6.000% 1/01/28		2007-12-18	2013-02-25
	2709.57 F N M A #AJ5336 3.000% 11/01/26		2011-11-10	2013-02-25
	2666.47 F N M A #AP4509 3.000% 9/01/27		2013-01-15	2013-02-25
	151.12 F N M A #AQ9044 3.500% 12/01/42		2013-01-24	2013-02-25
	1027.34 F N M A #848817 5.000% 1/01/36		2005-12-21	2013-02-25
	1059.97 F N M A #AB6278 2.500% 9/01/27		2012-09-11	2013-02-25
	65. COACH INC		2008-10-07	2013-02-26
	14. COVANCE INC		2009-05-05	2013-02-26
	542. ABBOTT LABORATORIES		2010-11-04	2013-02-27
	287. CENTURYTEL INC		2010-10-20	2013-02-27
	121. COACH INC		2008-10-07	2013-02-27
	4. COVANCE INC		2009-05-05	2013-02-27
	92. CARBO CERAMICS INC		2012-02-23	2013-02-28
	5. COVANCE INC		2009-05-05	2013-02-28
	125. ACE LTD		2009-08-05	2013-02-28
	27. COVANCE INC		2009-05-05	2013-03-01
	58. COVANCE INC		2009-05-05	2013-03-01
	10. COVANCE INC		2009-05-05	2013-03-04
	8. COVANCE INC		2009-05-05	2013-03-04
	12. GOOGLE INC CL A		2009-05-05	2013-03-04
	100. TIFFANY & CO		2012-06-27	2013-03-04
	222519. U S TREASURY I P S 0.125% 4/15/17		2013-01-30	2013-03-04
	74925. U S TREASURY I P S 0.125% 7/15/22		2012-08-14	2013-03-04
	10. COVANCE INC		2009-05-05	2013-03-05
	8. COVANCE INC		2009-05-05	2013-03-05
	85. JOHNSON & JOHNSON		2012-02-10	2013-03-05
	21. COVANCE INC		2009-05-05	2013-03-06
	9. COVANCE INC		2009-05-05	2013-03-06
	135. TIFFANY & CO		2012-07-18	2013-03-08
	310. TIFFANY & CO		2012-06-15	2013-03-13
	651.09 F H L M C GD G11649 4.500% 2/01/20		2006-07-11	2013-03-15
	39.94 F H L M C #1J0203 2.456% 4/01/35		2006-12-28	2013-03-15
	43. CIMAREX ENERGY CO		2012-01-04	2013-03-19
	30. CIMAREX ENERGY CO		2012-11-06	2013-03-20
	162. CIMAREX ENERGY CO		2012-01-04	2013-03-20
	250000. F F C B DEB 5.200% 3/20/13		2006-12-08	2013-03-20
	7. CARBO CERAMICS INC		2012-02-08	2013-03-21
	142. PEPSICO INC.		2011-07-25	2013-03-22
	84. CIMAREX ENERGY CO		2012-12-21	2013-03-25
	50. CIMAREX ENERGY CO		2012-01-19	2013-03-25
	2789.42 F N M A #256752 6.000% 6/01/27		2008-02-07	2013-03-25
	2970.67 F N M A #257048 6.000% 1/01/28		2007-12-18	2013-03-25
	2123.32 F N M A #AJ5336 3.000% 11/01/26		2011-11-10	2013-03-25
	1376.74 F N M A #AP4509 3.000% 9/01/27		2013-01-15	2013-03-25
	150.8 F N M A #AQ9044 3.500% 12/01/42		2013-01-24	2013-03-25
	2291.07 F N M A #848817 5.000% 1/01/36		2005-12-21	2013-03-25
	825.92 F N M A #AB6278 2.500% 9/01/27		2012-09-11	2013-03-25
	838.15 F N M A #AB6644 2.500% 10/01/27		2013-02-12	2013-03-25
	17142.76 F H L M C GD G11649 4.500% 2/01/20		2006-07-11	2013-03-26
	84979.47 F N M A #257048 6.000% 1/01/28		2007-12-18	2013-03-26
	137. COCA COLA CO.		2010-11-04	2013-03-27
	291. CENTURYTEL INC		2012-01-05	2013-03-28
	294. CONSOLIDATED EDISON INC		2010-10-20	2013-04-02
	165. COCA COLA CO.		2010-11-04	2013-04-03
	64. PEPSICO INC.		2011-07-25	2013-04-03
	120. CINCINNATI FINANCIAL CORP		2010-11-04	2013-04-11
	101. TIFFANY & CO		2012-06-27	2013-04-12
	67.91 F H L M C #1J0203 2.456% 4/01/35		2006-12-28	2013-04-15
	86. ESTEE LAUDER COMPANIES CL A		2013-01-28	2013-04-15
	13. ESTEE LAUDER COMPANIES CL A		2012-03-15	2013-04-15
	115. PRUDENTIAL FINANCIAL INC		2012-02-15	2013-04-15
	46. 3M COMPANY		2007-04-19	2013-04-15
	6. CORE LABORATORIES N V		2011-09-16	2013-04-15
	205. E I DU PONT DE NEMOURS & CO.		2012-10-23	2013-04-16
	104. FMC TECHNOLOGIES INC		2012-04-24	2013-04-16
	30. CORE LABORATORIES N V		2011-09-16	2013-04-16
	91. E I DU PONT DE NEMOURS & CO.		2012-07-25	2013-04-18
	80. E I DU PONT DE NEMOURS & CO.		2010-11-04	2013-04-18
	9. PRUDENTIAL FINANCIAL INC		2012-02-15	2013-04-18
	71. PRUDENTIAL FINANCIAL INC		2012-05-03	2013-04-18
	60. 3M COMPANY		2007-03-08	2013-04-18
	20. DAVITA INC		2013-03-04	2013-04-19
	86. EXPRESS SCRIPTS HLDGS C		2011-03-02	2013-04-19
	125. JOHNSON & JOHNSON		2012-02-10	2013-04-19
	125. JOHNSON & JOHNSON		2012-02-10	2013-04-19
	50. NOVARTIS AG ADR		2012-08-07	2013-04-19
	90. NOVARTIS AG ADR		2010-12-16	2013-04-19
	85. PACCAR INC		2012-03-14	2013-04-19
	374. PRUDENTIAL FINANCIAL INC		2012-06-15	2013-04-19
	201. 3M COMPANY		2007-03-08	2013-04-19
	405. ACE LTD		2010-01-07	2013-04-19
	21. DAVITA INC		2013-03-01	2013-04-22
	130. PACCAR INC		2012-03-05	2013-04-22
	30000. BARRICK NA FIN 6.800% 9/15/18		2013-03-28	2013-04-23
	326. E I DU PONT DE NEMOURS & CO.		2010-11-04	2013-04-23
	148. COGNIZANT TECH SOLUTIONS CRP COM		2012-05-07	2013-04-25
	17. COGNIZANT TECH SOLUTIONS CRP COM		2008-12-01	2013-04-25
	3830.67 F N M A #256752 6.000% 6/01/27		2008-02-07	2013-04-25
	2091.84 F N M A #AJ5336 3.000% 11/01/26		2011-11-10	2013-04-25
	907.87 F N M A #AP4509 3.000% 9/01/27		2013-01-15	2013-04-25
	1905.75 F N M A #AQ9044 3.500% 12/01/42		2013-01-24	2013-04-25
	1260.65 F N M A #848817 5.000% 1/01/36		2005-12-21	2013-04-25
	943.54 F N M A #AB6278 2.500% 9/01/27		2012-09-11	2013-04-25
	585.74 F N M A #AB6644 2.500% 10/01/27		2013-02-12	2013-04-25
	636.84 F N M A #AB6780 2.500% 11/01/27		2013-03-05	2013-04-25
	390. MICROSOFT CORP.		2010-12-02	2013-04-25
	12.98 VIRGINIA ST HSG DE 3.250% 8/25/42		2013-03-11	2013-04-25
	7. GOOGLE INC CL A		2009-05-05	2013-04-30
	7. MEAD JOHNSON NUTRITION CO		2012-07-17	2013-04-30
	53. ESTEE LAUDER COMPANIES CL A		2013-01-28	2013-05-01
	45000. NEW YORK NY CITY 1.500% 5/01/13		2010-10-14	2013-05-01
	31. AMPHENOL CORP - CL A		2010-05-11	2013-05-02
	17. ESTEE LAUDER COMPANIES CL A		2013-01-28	2013-05-02
	92. ESTEE LAUDER COMPANIES CL A		2012-03-16	2013-05-02
	32. ACCENTURE PLC CL A		2006-09-15	2013-05-02
	87. AMPHENOL CORP - CL A		2010-05-11	2013-05-03
	25000. DUKE CAPITAL CORP 6.750% 7/15/18		2009-01-29	2013-05-03
	14. GOOGLE INC CL A		2009-05-08	2013-05-03
	44. MEAD JOHNSON NUTRITION CO		2012-07-17	2013-05-03
	150. MICROCHIP TECHNOLOGY INC		2012-10-16	2013-05-03
	125. PACCAR INC		2012-03-06	2013-05-03
	11. ACCENTURE PLC CL A		2006-09-15	2013-05-03
	43. AMPHENOL CORP - CL A		2010-05-11	2013-05-06
	521. GAMESTOP CORP CL A		2012-02-08	2013-05-06
	27. MEAD JOHNSON NUTRITION CO		2012-07-18	2013-05-06
	49. ACCENTURE PLC CL A		2006-09-15	2013-05-06
	45. MEAD JOHNSON NUTRITION CO		2012-01-19	2013-05-07
	2. MEAD JOHNSON NUTRITION CO		2012-07-18	2013-05-07
	28. ACCENTURE PLC CL A		2006-09-15	2013-05-07
	20. JOHNSON & JOHNSON		2012-02-10	2013-05-09
	225. JOHNSON & JOHNSON		2012-06-01	2013-05-09
	150. NOVARTIS AG ADR		2011-01-06	2013-05-09
	24. COGNIZANT TECH SOLUTIONS CRP COM		2008-12-01	2013-05-10
	58. COGNIZANT TECH SOLUTIONS CRP COM		2008-12-01	2013-05-13
	231. CHARLES SCHWAB CORP.		2010-05-27	2013-05-13
	59. COGNIZANT TECH SOLUTIONS CRP COM		2008-12-01	2013-05-14
	110. CHARLES SCHWAB CORP.		2010-05-27	2013-05-14
	94. STARBUCKS CORP.		2013-02-22	2013-05-14
	118. COGNIZANT TECH SOLUTIONS CRP COM		2008-12-01	2013-05-15
	28.03 F H L M C #1J0203 2.456% 4/01/35		2006-12-28	2013-05-15
	541.06 F H L M C GD G18441 2.500% 8/01/27		2013-04-10	2013-05-15
	226. PACCAR INC		2012-03-22	2013-05-16
	72. CHARLES SCHWAB CORP.		2010-05-27	2013-05-16
	53. CHARLES SCHWAB CORP.		2010-05-27	2013-05-17
	233. GAMESTOP CORP CL A		2012-02-09	2013-05-21
	1134.044 AMERICAN EUROPACIFIC GRTH F2		2010-05-28	2013-05-24
	64. FLUOR CORP NEW COM		2011-03-07	2013-05-24
	4851.229 OAKMARK INTL SMALL CAP CL I		2011-06-15	2013-05-24
	1409.642 SCOUT INTERNATIONAL FUND		2010-05-28	2013-05-24
	2633.95 F N M A #256752 6.000% 6/01/27		2008-02-07	2013-05-25
	1673.95 F N M A #AJ5336 3.000% 11/01/26		2011-11-10	2013-05-25
	1110.89 F N M A #AP4509 3.000% 9/01/27		2013-01-15	2013-05-25
	1278.03 F N M A #AQ9044 3.500% 12/01/42		2013-01-24	2013-05-25
	577.27 F N M A #848817 5.000% 1/01/36		2005-12-21	2013-05-25
	721.39 F N M A #AB6278 2.500% 9/01/27		2012-09-11	2013-05-25
	1329.02 F N M A #AB6644 2.500% 10/01/27		2013-02-12	2013-05-25
	860.74 F N M A #AB6780 2.500% 11/01/27		2013-03-05	2013-05-25
	229.97 VIRGINIA ST HSG DE 3.250% 8/25/42		2013-03-11	2013-05-25
	43. FLUOR CORP NEW COM		2011-03-04	2013-05-28
	27. FLUOR CORP NEW COM		2011-03-04	2013-05-29
	140. NOVARTIS AG ADR		2011-01-06	2013-05-29
	19. FLUOR CORP NEW COM		2011-03-04	2013-05-30
	140. PACCAR INC		2012-03-06	2013-05-30
	60. E I DU PONT DE NEMOURS & CO.		2009-11-10	2013-05-31
	50. E I DU PONT DE NEMOURS & CO.		2012-10-23	2013-05-31
	117. KRAFT FOODS GROUP INC		2013-02-25	2013-05-31
	69. MICROCHIP TECHNOLOGY INC		2012-10-16	2013-05-31
	123.27 ILLINOIS ST HSG 2.750% 6/01/43		2013-03-07	2013-06-01
	151.1 MINNESOTA ST HSG 2.700% 9/01/41		2013-04-10	2013-06-01
	71. MICROCHIP TECHNOLOGY INC		2012-10-16	2013-06-03
	57. KRAFT FOODS GROUP INC		2013-02-25	2013-06-04
	125. CHARLES SCHWAB CORP.		2010-05-27	2013-06-04
	72. CHARLES SCHWAB CORP.		2010-05-27	2013-06-05
	203. CHARLES SCHWAB CORP.		2010-05-27	2013-06-06
	60. CHARLES SCHWAB CORP.		2010-05-27	2013-06-07
	3. GAMESTOP CORP CL A		2012-02-09	2013-06-10
	139. COACH INC		2012-12-26	2013-06-11
	208. GAMESTOP CORP CL A		2012-02-23	2013-06-11
	84. TIME WARNER CABLE INC		2012-01-30	2013-06-11
	7000. COMCAST CORP 6.500% 1/15/17		2006-07-11	2013-06-12
	33000. COMCAST CORP 6.500% 1/15/17		2006-07-11	2013-06-12
	16490.47 F H L M C GD G18441 2.500% 8/01/27		2013-04-10	2013-06-13
	85900.02 F N M A #256752 6.000% 6/01/27		2008-02-07	2013-06-13
	58154.63 F N M A #AB6278 2.500% 9/01/27		2012-09-11	2013-06-13
	40000. GEN ELEC CAP CRP MTN 5.500% 1/08/20		2012-02-23	2013-06-13
	35000. U S TREASURY NT 1.250% 10/31/15		2013-03-04	2013-06-13
	255000. U S TREASURY NT 0.875% 1/31/17		2013-03-04	2013-06-13
	28.83 F H L M C #1J0203 2.456% 4/01/35		2006-12-28	2013-06-15
	718.11 F H L M C GD G18441 2.500% 8/01/27		2013-04-10	2013-06-15
	165. MICROSOFT CORP.		2012-12-05	2013-06-18
	185. MICROSOFT CORP.		2011-03-04	2013-06-18
	84. TIME WARNER CABLE INC		2011-08-08	2013-06-19
	349. GAMESTOP CORP CL A		2012-02-23	2013-06-21
	95. PACCAR INC		2012-03-06	2013-06-21
	40000. SOUTH CAROLINA 0.87965% 6/02/14		2011-06-13	2013-06-21
	4011.74 F N M A #256752 6.000% 6/01/27		2008-02-07	2013-06-25
	956.68 F N M A #AJ5336 3.000% 11/01/26		2013-05-15	2013-06-25
	2296.04 F N M A #AJ5336 3.000% 11/01/26		2011-11-10	2013-06-25
	1382.27 F N M A #AP4509 3.000% 9/01/27		2013-01-15	2013-06-25
	550.93 F N M A #AQ9044 3.500% 12/01/42		2013-01-24	2013-06-25
	1361.52 F N M A #848817 5.000% 1/01/36		2005-12-21	2013-06-25
	1298.31 F N M A #AB6278 2.500% 9/01/27		2012-09-11	2013-06-25
	853.56 F N M A #AB6644 2.500% 10/01/27		2013-02-12	2013-06-25
	829.2 F N M A #AB6780 2.500% 11/01/27		2013-03-05	2013-06-25
	469.43 VIRGINIA ST HSG DE 3.250% 8/25/42		2013-03-11	2013-06-25
	10000. FLORIDA ST HURRICANE 2.107% 7/01/18		2013-05-15	2013-06-27
	487. CHARLES SCHWAB CORP.		2010-05-27	2013-06-27
	57. TIME WARNER CABLE INC		2010-11-04	2013-06-27
	35000. CHICAGO IL TAXABLE 7.781% 1/01/35		2012-02-28	2013-06-28
	54. TIME WARNER CABLE INC		2010-11-04	2013-06-28
	126.9 ILLINOIS ST HSG 2.750% 6/01/43		2013-03-07	2013-07-01
	337.83 MINNESOTA ST HSG 2.700% 9/01/41		2013-04-10	2013-07-01
	24000. ONEOK INC 4.250% 2/01/22		2012-01-25	2013-07-01
	16000. ONEOK INC 4.250% 2/01/22		2012-01-24	2013-07-01
	98. TIFFANY & CO		2012-06-27	2013-07-01
	25000. FLORIDA ST HURRICANE 2.107% 7/01/18		2013-05-15	2013-07-02
	87. TIFFANY & CO		2012-06-27	2013-07-02
	86. TIME WARNER CABLE INC		2010-11-04	2013-07-03
	92259.69 F N M A #AB6644 2.500% 10/01/27		2013-02-12	2013-07-08
	92670.7 F N M A #AB6780 2.500% 11/01/27		2013-03-05	2013-07-08
	371. PUBLIC STORAGE 6.875% PFD		2010-11-04	2013-07-08
	282234.4 U S TREASURY I P S 0.125% 1/15/23		2013-06-13	2013-07-08
	271757.7 U S TREASURY I P S 0.125% 4/15/18		2013-06-13	2013-07-08
	118. EXPRESS SCRIPTS HLDGS C		2011-03-02	2013-07-09
	51. STARBUCKS CORP.		2013-02-21	2013-07-09
	56. TIME WARNER CABLE INC		2010-10-27	2013-07-09
	4. CORE LABORATORIES N V		2011-09-16	2013-07-09
	180. HARTFORD FINANCIAL SERVICES GROUP INC		2013-05-09	2013-07-10
	375. METLIFE INC COM		2012-03-14	2013-07-10
	88. STARBUCKS CORP.		2013-02-21	2013-07-10
	5. CORE LABORATORIES N V		2011-09-16	2013-07-10
	540. CHARLES SCHWAB CORP.		2013-05-09	2013-07-11
	11. COVANCE INC		2009-05-05	2013-07-12
	128. TIFFANY & CO		2012-06-27	2013-07-12
	3. CORE LABORATORIES N V		2011-09-16	2013-07-12
	14. COVANCE INC		2009-05-05	2013-07-15
	7.22 F H L M C #1J0203 2.456% 4/01/35		2006-12-28	2013-07-15
	95000. F H L M C MLTCL MTG 3.500% 2/15/26		2011-08-29	2013-07-15
	85000. F H L M C MLTCL MTG 4.000% 9/15/24		2011-09-14	2013-07-15
	60000. F N M A GTD REMIC 4.000% 10/25/25		2011-08-19	2013-07-15
	300. MICROCHIP TECHNOLOGY INC		2012-05-09	2013-07-15
	409. MICROCHIP TECHNOLOGY INC		2012-11-02	2013-07-15
	6. COVANCE INC		2009-05-05	2013-07-16
	1028. MICROCHIP TECHNOLOGY INC		2012-06-04	2013-07-16
	9. COVANCE INC		2009-05-05	2013-07-17
	11. CORE LABORATORIES N V		2011-09-16	2013-07-17
	190. NORTHERN TR CORP		2011-02-11	2013-07-18
	82. PEPSICO INC.		2011-07-25	2013-07-18
	135. E I DU PONT DE NEMOURS & CO.		2009-11-10	2013-07-19
	32. TIME WARNER CABLE INC		2010-10-27	2013-07-19
	305. EATON CORP PLC		2012-11-30	2013-07-19
	103. MICROCHIP TECHNOLOGY INC		2012-10-23	2013-07-22
	95. E I DU PONT DE NEMOURS & CO.		2009-11-10	2013-07-23
	165. MICROCHIP TECHNOLOGY INC		2012-05-10	2013-07-23
	42. MICROCHIP TECHNOLOGY INC		2012-10-23	2013-07-23
	255. KRAFT FOODS GROUP INC		2012-11-26	2013-07-24
	100. PACCAR INC		2012-04-11	2013-07-24
	85. EATON CORP PLC		2012-11-30	2013-07-24
	790.25 F N M A #AJ5336 3.000% 11/01/26		2013-05-15	2013-07-25
	1896.6 F N M A #AJ5336 3.000% 11/01/26		2011-11-10	2013-07-25
	351.3 F N M A #AP4509 3.000% 9/01/27		2013-01-15	2013-07-25
	146.01 F N M A #AQ9044 3.500% 12/01/42		2013-01-24	2013-07-25
	1076.02 F N M A #848817 5.000% 1/01/36		2005-12-21	2013-07-25
	1789.27 F N M A #AB6644 2.500% 10/01/27		2013-02-12	2013-07-25
	1065.42 F N M A #AB6780 2.500% 11/01/27		2013-03-05	2013-07-25
	368.7 VIRGINIA ST HSG DE 3.250% 8/25/42		2013-03-11	2013-07-25
	40000. BOSTON PROP LP 5.625% 11/15/20		2011-08-24	2013-07-26
	191. GAMESTOP CORP CL A		2012-02-23	2013-07-29
	174. COACH INC		2012-12-26	2013-07-31
	157.49 ILLINOIS ST HSG 2.750% 6/01/43		2013-03-07	2013-08-01
	631. MINNESOTA ST HSG 2.700% 9/01/41		2013-04-10	2013-08-01
	34. TIME WARNER CABLE INC		2010-10-27	2013-08-01
	1. CORE LABORATORIES N V		2012-10-05	2013-08-01
	7. CORE LABORATORIES N V		2011-09-16	2013-08-01
	178. COACH INC		2012-12-26	2013-08-02
	165. METLIFE INC COM		2012-02-10	2013-08-02
	65. METLIFE INC COM		2012-09-14	2013-08-02
	52. TIME WARNER CABLE INC		2010-10-27	2013-08-02
	7. CORE LABORATORIES N V		2012-10-05	2013-08-02
	28604.119 LAUDUS MONDRIAN EMG MKT INS		2011-12-15	2013-08-05
	4. CORE LABORATORIES N V		2012-10-05	2013-08-05
	4. ANSYS INC		2010-10-12	2013-08-06
	52. FOSSIL GROUP INC		2011-08-24	2013-08-06
	21. FOSSIL GROUP INC		2011-09-05	2013-08-07
	130. E I DU PONT DE NEMOURS & CO.		2009-11-10	2013-08-08
	20. FOSSIL GROUP INC		2011-09-06	2013-08-08
	204.99904 FREEPORT-MCMORAN COPPER & GOLD B		2011-10-19	2013-08-08
	215.00096 FREEPORT-MCMORAN COPPER & GOLD B		2012-03-14	2013-08-08
	155. EATON CORP PLC		2012-11-30	2013-08-08
	340000. U S TREASURY NT 0.375% 6/30/15		2013-07-08	2013-08-12
	13977.766 LAUDUS MONDRIAN EMG MKT INS		2009-06-16	2013-08-13
	105000. F H L M C DEB 2.000% 8/14/17		2012-12-27	2013-08-14
	33.42 F H L M C #1J0203 2.456% 4/01/35		2006-12-28	2013-08-15
	50000. GTE CORP 6.840% 4/15/18		2009-03-18	2013-08-16
	207. METLIFE INC COM		2012-01-24	2013-08-19
	48. METLIFE INC COM		2012-09-14	2013-08-19
	283. NETAPP INC		2012-04-11	2013-08-20
	17. MASTERCARD INC		2012-09-24	2013-08-21
	4. MASTERCARD INC		2009-05-05	2013-08-21
	93. NETAPP INC		2012-04-11	2013-08-21
	255000. U S TREASURY NT 1.250% 10/31/15		2013-03-04	2013-08-21
	200000. U S TREASURY NT 0.375% 6/30/15		2013-07-08	2013-08-21
	40000. AMERICAN EXPRESS 7.000% 3/19/18		2012-03-06	2013-08-22
	330. BEST BUY COMPANY INC		2013-02-19	2013-08-22
	8. DECKERS OUTDOOR CORP		2013-01-15	2013-08-22
	35000. FEDEX CORP 8.000% 1/15/19		2012-10-01	2013-08-22
	40000. GOLDMAN SACHS GP 1.30139% 2/07/14		2011-02-02	2013-08-22
	40000. JPMORGAN CHASE 6.300% 4/23/19		2012-05-15	2013-08-22
	25000. PEPSICO INC 7.900% 11/01/18		2013-05-24	2013-08-22
	127. DECKERS OUTDOOR CORP		2013-01-15	2013-08-23
	686.18 F N M A #AJ5336 3.000% 11/01/26		2013-05-15	2013-08-25
	1646.84 F N M A #AJ5336 3.000% 11/01/26		2011-11-10	2013-08-25
	91.24 F N M A #AP4266 3.500% 8/01/42		2013-07-15	2013-08-25
	306.85 F N M A #AP4509 3.000% 9/01/27		2013-01-15	2013-08-25
	513.26 F N M A #AQ9044 3.500% 12/01/42		2013-01-24	2013-08-25
	197.35 F N M A #AT9143 3.500% 7/01/43		2013-07-15	2013-08-25
	115.85 F N M A #AT9189 3.500% 7/01/43		2013-07-15	2013-08-25
	1451.53 F N M A #848817 5.000% 1/01/36		2005-12-21	2013-08-25
	176.12 VIRGINIA ST HSG DE 3.250% 8/25/42		2013-03-11	2013-08-25
	9. CORE LABORATORIES N V		2012-10-05	2013-08-28
	126.75 ILLINOIS ST HSG 2.750% 6/01/43		2013-03-07	2013-09-01
	343.65 MINNESOTA ST HSG 2.700% 9/01/41		2013-04-10	2013-09-01
	181. COACH INC		2013-01-23	2013-09-04
	604. E I DU PONT DE NEMOURS & CO.		2010-10-27	2013-09-04
	12000. ALLEGHANY CORP 4.950% 6/27/22		2013-05-03	2013-09-05
	15. CORE LABORATORIES N V		2012-10-05	2013-09-05
	130. DECKERS OUTDOOR CORP		2013-01-15	2013-09-06
	2. CORE LABORATORIES N V		2012-10-08	2013-09-06
	16. ANSYS INC		2010-10-12	2013-09-10
	11. ANSYS INC		2010-10-12	2013-09-11
	18. ANSYS INC		2010-10-12	2013-09-12
	5000. TIFT CNTY GA HOSP 4.000% 12/01/42		2013-01-09	2013-09-13
	28.77 F H L M C #1J0203 2.456% 4/01/35		2006-12-28	2013-09-15
	2. ANSYS INC		2010-10-11	2013-09-16
	65. CARBO CERAMICS INC		2012-02-08	2013-09-16
	6. ANSYS INC		2010-10-11	2013-09-17
	205. MICROSOFT CORP.		2011-03-04	2013-09-17
	13. ANSYS INC		2010-10-11	2013-09-18
	71. MCDONALDS CORP.		2012-07-10	2013-09-19
	64. MCDONALDS CORP.		2012-11-08	2013-09-19
	12000. SOUTHWEST AIRLINES 5.125% 3/01/17		2013-04-26	2013-09-24
	1143.27 F N M A #AJ5336 3.000% 11/01/26		2011-11-10	2013-09-25
	476.36 F N M A #AJ5336 3.000% 11/01/26		2013-05-15	2013-09-25
	86.58 F N M A #AP4266 3.500% 8/01/42		2013-07-15	2013-09-25
	1473.07 F N M A #AP4509 3.000% 9/01/27		2013-01-15	2013-09-25
	1350.18 F N M A #AQ9044 3.500% 12/01/42		2013-01-24	2013-09-25
	184.4 F N M A #AT9143 3.500% 7/01/43		2013-07-15	2013-09-25
	65.82 F N M A #AT9189 3.500% 7/01/43		2013-07-15	2013-09-25
	26.69 F N M A #848817 5.000% 1/01/36		2005-12-21	2013-09-25
	94.04 VIRGINIA ST HSG DE 3.250% 8/25/42		2013-03-11	2013-09-25
	21. CARBO CERAMICS INC		2012-02-08	2013-09-30
	67. STARBUCKS CORP.		2012-10-25	2013-09-30
	40. CARBO CERAMICS INC		2012-02-08	2013-10-01
	717.99 ILLINOIS ST HSG 2.750% 6/01/43		2013-03-07	2013-10-01
	368. MERCK AND CO INC		2012-06-06	2013-10-01
	565.26 MINNESOTA ST HSG 2.700% 9/01/41		2013-04-10	2013-10-01
	39. STARBUCKS CORP.		2012-10-25	2013-10-01
	25. STARBUCKS CORP.		2012-10-25	2013-10-02
	64. CARBO CERAMICS INC		2012-02-29	2013-10-04
	15. APPLE COMPUTER INC.		2012-10-15	2013-10-07
	14. APPLE COMPUTER INC.		2012-12-07	2013-10-08
	153. MERCK AND CO INC		2010-10-20	2013-10-08
	120. MERCK AND CO INC		2010-11-30	2013-10-08
	12. CITRIX SYSTEMS INC		2008-07-28	2013-10-09
	164. CITRIX SYSTEMS INC		2013-05-30	2013-10-09
	85. DECKERS OUTDOOR CORP		2013-01-15	2013-10-09
	371. CITRIX SYSTEMS INC		2008-07-28	2013-10-10
	137. CITRIX SYSTEMS INC		2008-07-28	2013-10-11
	16000. STARBUCKS CORP 6.250% 8/15/17		2010-11-30	2013-10-11
	177. CITRIX SYSTEMS INC		2008-07-28	2013-10-14
	260. BEST BUY COMPANY INC		2013-02-19	2013-10-15
	143. CITRIX SYSTEMS INC		2008-07-28	2013-10-15
	6385.72 F H L M C #1J0203 2.456% 4/01/35		2006-12-28	2013-10-15
	405. BEST BUY COMPANY INC		2013-05-31	2013-10-16
	222. TOTAL FINA ELF S.A. ADS REPSTG 1/2 OF A 'B' SH		2010-11-04	2013-10-16
	24000. STARBUCKS CORP 6.250% 8/15/17		2010-11-30	2013-10-17
	147. TOTAL FINA ELF S.A. ADS REPSTG 1/2 OF A 'B' SH		2010-10-20	2013-10-17
	144. CINCINNATI FINANCIAL CORP		2010-11-04	2013-10-22
	4901.178 AMERICAN EUROPACIFIC GRTH F2		2010-05-28	2013-10-22
	6455.073 SCOUT INTERNATIONAL FUND		2010-05-28	2013-10-22
	74. CIMAREX ENERGY CO		2012-01-27	2013-10-24
	1. CIMAREX ENERGY CO		2012-12-21	2013-10-24
	220. DECKERS OUTDOOR CORP		2013-01-24	2013-10-25
	982.69 F N M A #AJ5336 3.000% 11/01/26		2011-11-10	2013-10-25
	409.46 F N M A #AJ5336 3.000% 11/01/26		2013-05-15	2013-10-25
	86.98 F N M A #AP4266 3.500% 8/01/42		2013-07-15	2013-10-25
	372.26 F N M A #AP4509 3.000% 9/01/27		2013-01-15	2013-10-25
	1027.82 F N M A #AQ9044 3.500% 12/01/42		2013-01-24	2013-10-25
	700.12 F N M A #AT9143 3.500% 7/01/43		2013-07-15	2013-10-25
	61.7 F N M A #AT9189 3.500% 7/01/43		2013-07-15	2013-10-25
	160.38 F N M A #848817 5.000% 1/01/36		2005-12-21	2013-10-25
	45000. POTASH CORP 5.250% 5/15/14		2009-07-14	2013-10-25
	258.3 VIRGINIA ST HSG DE 3.250% 8/25/42		2013-03-11	2013-10-25
	132.16667 AMPHENOL CORP - CL A		2013-10-23	2013-10-29
	10.83333 AMPHENOL CORP - CL A		2013-10-17	2013-10-29
	83. ANSYS INC		2010-10-11	2013-10-29
	10. ANSYS INC		2010-10-11	2013-10-29
	34. APPLE COMPUTER INC.		2013-01-23	2013-10-29
	12782.275 BROWN ADVISORY SM CP FUNDAMENTAL VAL		2011-08-05	2013-10-29
	21516.958 BROWN ADVISORY SMALL CAP GROWTH INV		2012-10-26	2013-10-29
	8212.772 BROWN ADVISORY SMALL CAP GROWTH INV		2012-12-12	2013-10-29
	79. COGNIZANT TECH SOLUTIONS CRP COM		2008-12-01	2013-10-29
	30. COSTCO WHOLESALE CORPORATION		2009-07-29	2013-10-29
	64. COSTCO WHOLESALE CORPORATION		2013-10-17	2013-10-29
	107. COVANCE INC		2009-05-05	2013-10-29
	188. DANAHER CORP		2012-01-30	2013-10-29
	172. DAVITA INC		2013-03-01	2013-10-29
	117. ECOLAB INC		2013-02-06	2013-10-29
	123. EXPRESS SCRIPTS HLDGS C		2011-03-02	2013-10-29
	136. EXPRESS SCRIPTS HLDGS C		2013-10-08	2013-10-29
	212. FMC TECHNOLOGIES INC		2012-05-10	2013-10-29
	156. FLUOR CORP NEW COM		2013-03-06	2013-10-29
	52. FLUOR CORP NEW COM		2011-03-04	2013-10-29
	74. FOSSIL GROUP INC		2011-09-05	2013-10-29
	18. GOOGLE INC CL A		2009-05-08	2013-10-29
	7. IDEXX LABORATORIES CORP		2008-11-07	2013-10-29
	78. IDEXX LABORATORIES CORP		2013-03-01	2013-10-29
	5.00001 INTUITIVE SURGICAL INC		2012-12-19	2013-10-29
	17. INTUITIVE SURGICAL INC		2012-08-15	2013-10-29
	11.99999 INTUITIVE SURGICAL INC		2012-12-19	2013-10-29
	193. ESTEE LAUDER COMPANIES CL A		2013-10-15	2013-10-29
	33. MASTERCARD INC		2009-05-05	2013-10-29
	175. MEAD JOHNSON NUTRITION CO		2013-10-17	2013-10-29
	224. NATIONAL INSTRS CORP		2011-05-06	2013-10-29
	222. NETAPP INC		2012-09-21	2013-10-29
	220. QUALCOMM CORP.		2013-04-25	2013-10-29
	85. ROPER INDUSTRIES INC NEW		2008-12-01	2013-10-29
	197. SALESFORCE COM INC		2013-06-04	2013-10-29
	78. SCHLUMBERGER LTD.		2013-10-16	2013-10-29
	100. SCHLUMBERGER LTD.		2011-10-31	2013-10-29
	587. CHARLES SCHWAB CORP.		2008-12-01	2013-10-29
	195. STARBUCKS CORP.		2012-10-25	2013-10-29
	104. STERICYCLE INC		2012-01-10	2013-10-29
	224. WHOLE FOODS MARKET INC		2013-10-08	2013-10-29
	124. ACCENTURE PLC CL A		2006-09-15	2013-10-29
	415. GENPACT LIMITED		2013-03-06	2013-10-29
	67. CORE LABORATORIES N V		2012-10-08	2013-10-29
	12. ANSYS INC		2010-10-11	2013-10-30
	1115. MONDELEZ INTERNATIONAL W I		2012-09-12	2013-10-30
	452. PEPSICO INC.		2011-10-19	2013-10-30
	46. TIME WARNER CABLE INC		2010-10-27	2013-10-30
	168. CARBO CERAMICS INC		2012-03-05	2013-10-31
	83. CARBO CERAMICS INC		2013-04-25	2013-10-31
	45000. AT T INC 0.800% 12/01/15		2013-10-30	2013-11-01
	141.01 ILLINOIS ST HSG 2.750% 6/01/43		2013-03-07	2013-11-01
	444.75 MINNESOTA ST HSG 2.700% 9/01/41		2013-04-10	2013-11-01
	295000. U S TREASURY NT 4.250% 11/15/13		2013-08-26	2013-11-01
	18000. VERIZON 1.99285% 9/14/18		2013-09-13	2013-11-01
	150. TIME WARNER CABLE INC		2010-10-27	2013-11-04
	330. BEST BUY COMPANY INC		2013-02-19	2013-11-07
	240. MICROSOFT CORP.		2010-07-28	2013-11-07
	155. BEST BUY COMPANY INC		2013-02-22	2013-11-12
	21. IDEXX LABORATORIES CORP		2008-11-07	2013-11-12
	380. DECKERS OUTDOOR CORP		2013-01-22	2013-11-13
	13. IDEXX LABORATORIES CORP		2008-11-07	2013-11-13
	41. IDEXX LABORATORIES CORP		2008-11-07	2013-11-13
	27. IDEXX LABORATORIES CORP		2008-11-07	2013-11-14
	40.43 F H L M C #1J0203 2.456% 4/01/35		2006-12-28	2013-11-15
	57. IDEXX LABORATORIES CORP		2008-11-07	2013-11-15
	10000. KELLOGG CO 4.150% 11/15/19		2013-05-03	2013-11-15
	30000. KELLOGG CO 4.150% 11/15/19		2013-10-31	2013-11-15
	35000. MARKEL CORP 5.350% 6/01/21		2012-07-23	2013-11-15
	12. IDEXX LABORATORIES CORP		2008-11-07	2013-11-18
	70. CIMAREX ENERGY CO		2012-12-13	2013-11-19
	41. CIMAREX ENERGY CO		2012-01-27	2013-11-19
	39. CIMAREX ENERGY CO		2012-05-18	2013-11-20
	35. CIMAREX ENERGY CO		2012-12-13	2013-11-20
	26. IDEXX LABORATORIES CORP		2008-11-07	2013-11-20
	161. CIMAREX ENERGY CO		2012-06-18	2013-11-21
	25. IDEXX LABORATORIES CORP		2008-11-07	2013-11-21
	38. IDEXX LABORATORIES CORP		2008-11-07	2013-11-22
	18000. AMERICAN EXPRESS 0.83628% 5/22/18		2013-08-22	2013-11-25
	528.07 CONNECTICUT AVENUE 2.2382% 10/25/23		2013-11-14	2013-11-25
	355.35 F N M A #AJ5336 3.000% 11/01/26		2013-05-15	2013-11-25
	852.83 F N M A #AJ5336 3.000% 11/01/26		2011-11-10	2013-11-25
	117.75 F N M A #AP4266 3.500% 8/01/42		2013-07-15	2013-11-25
	301.64 F N M A #AP4509 3.000% 9/01/27		2013-01-15	2013-11-25
	1464.04 F N M A #AQ9044 3.500% 12/01/42		2013-01-24	2013-11-25
	210.26 F N M A #AT9143 3.500% 7/01/43		2013-07-15	2013-11-25
	65.82 F N M A #AT9189 3.500% 7/01/43		2013-07-15	2013-11-25
	23.87 F N M A #848817 5.000% 1/01/36		2005-12-21	2013-11-25
	8. IDEXX LABORATORIES CORP		2008-11-07	2013-11-25
	12000. AMERICAN EXPRESS 0.83628% 5/22/18		2013-08-22	2013-11-26
	14. IDEXX LABORATORIES CORP		2008-11-07	2013-11-26
	130. FLUOR CORP NEW COM		2011-06-14	2013-11-27
	6. IDEXX LABORATORIES CORP		2008-11-07	2013-11-27
	90. FLUOR CORP NEW COM		2011-06-14	2013-11-29
	50000. ICI WILMINGTON 5.625% 12/01/13		2007-08-09	2013-12-01
	124.76 ILLINOIS ST HSG 2.750% 6/01/43		2013-03-07	2013-12-01
	213.29 MINNESOTA ST HSG 2.700% 9/01/41		2013-04-10	2013-12-01
	6. IDEXX LABORATORIES CORP		2008-11-07	2013-12-02
	87. IDEXX LABORATORIES CORP		2008-11-07	2013-12-02
	11. APPLE COMPUTER INC.		2013-01-31	2013-12-04
	215000. U S TREASURY NT 1.250% 10/31/18		2013-11-01	2013-12-04
	10. IDEXX LABORATORIES CORP		2008-11-07	2013-12-05
	42044.43 F N M A #AP4266 3.500% 8/01/42		2013-07-15	2013-12-06
	79992.55 F N M A #AQ9044 3.500% 12/01/42		2013-01-24	2013-12-06
	107840.46 F N M A #AT9143 3.500% 7/01/43		2013-07-15	2013-12-06
	39268.24 F N M A #AT9189 3.500% 7/01/43		2013-07-15	2013-12-06
	18. IDEXX LABORATORIES CORP		2008-11-07	2013-12-06
	440. METLIFE INC COM		2012-09-14	2013-12-06
	45000. BB&T CORP MTN 1.09335% 6/15/18		2013-10-30	2013-12-09
	11. IDEXX LABORATORIES CORP		2008-11-07	2013-12-09
	45000. ECOLAB INC 1.450% 12/08/17		2013-10-31	2013-12-10
	17. IDEXX LABORATORIES CORP		2008-11-07	2013-12-10
	7. IDEXX LABORATORIES CORP		2008-11-07	2013-12-11
	10000. METLIFE INC 1.756% 12/15/17		2013-10-30	2013-12-11
	35000. METLIFE INC 1.756% 12/15/17		2013-07-18	2013-12-11
	25. IDEXX LABORATORIES CORP		2008-11-07	2013-12-12
	18. IDEXX LABORATORIES CORP		2008-11-07	2013-12-13
	18.03 F H L M C #1J0203 2.456% 4/01/35		2006-12-28	2013-12-15
	26. IDEXX LABORATORIES CORP		2008-11-07	2013-12-16
	44. IDEXX LABORATORIES CORP		2008-11-07	2013-12-16
	104. IDEXX LABORATORIES CORP		2008-11-07	2013-12-17
	110446.6 U S TREASURY I P S 0.500% 7/15/23		2013-10-30	2013-12-23
	. PROCEEDS OF LITIGATION INTERNATIONAL GAME			2013-12-23
	. PROCEEDS OF LITIGATION FROM LEHMAN BROTHERS			2013-12-23
	4. APPLE COMPUTER INC.		2012-11-08	2013-12-24
	8. APPLE COMPUTER INC.		2013-01-17	2013-12-24
	95. FLUOR CORP NEW COM		2011-06-14	2013-12-24
	270000. U S TREASURY NT 1.250% 10/31/15		2013-12-09	2013-12-24
	589.12 CONNECTICUT AVENUE 2.2382% 10/25/23		2013-11-14	2013-12-25
	930.92 F N M A #AJ5336 3.000% 11/01/26		2011-11-10	2013-12-25
	387.89 F N M A #AJ5336 3.000% 11/01/26		2013-05-15	2013-12-25
	98.84 F N M A #AP4266 3.500% 8/01/42		2013-07-15	2013-12-25
	319.65 F N M A #AP4509 3.000% 9/01/27		2013-01-15	2013-12-25
	1293.38 F N M A #AQ9044 3.500% 12/01/42		2013-01-24	2013-12-25
	612.07 F N M A #AT9143 3.500% 7/01/43		2013-07-15	2013-12-25
	422.57 F N M A #AT9189 3.500% 7/01/43		2013-07-15	2013-12-25
	1112.21 F N M A #848817 5.000% 1/01/36		2005-12-21	2013-12-25
	203.13 VIRGINIA ST HSG DE 3.250% 8/25/42		2013-03-11	2013-12-25
	30000. DELAWARE ST HSG AUTH 2.750% 12/01/41		2013-02-20	2013-12-26
	43882.81 CONNECTICUT AVENUE 2.2382% 10/25/23		2013-11-14	2013-12-26
	23556.69 F H L M C #1J0203 2.456% 4/01/35		2006-12-28	2013-12-26
	75546.88 F N M A #AJ5336 3.000% 11/01/26		2011-11-10	2013-12-26
	31477.86 F N M A #AJ5336 3.000% 11/01/26		2013-05-15	2013-12-26
	52390.91 F N M A #AP4509 3.000% 9/01/27		2013-01-15	2013-12-26
	10318.25 F N M A #848817 5.000% 1/01/36		2005-12-21	2013-12-26
	40000. G N M A GTD REMIC 2.719% 5/16/37		2010-09-14	2013-12-26
	68481.83 ILLINOIS ST HSG 2.750% 6/01/43		2013-03-07	2013-12-26
	52313.12 MINNESOTA ST HSG 2.700% 9/01/41		2013-04-10	2013-12-26
	10000. MISSOURI ST HSG DEV 2.650% 11/01/40		2013-01-18	2013-12-26
	68187.33 VIRGINIA ST HSG DE 3.250% 8/25/42		2013-03-11	2013-12-26
	170. ABERCROMBIE & FITCH CO CL A		2013-07-19	2013-12-30
	95. 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	10,827	6,011	4,816
b	11,633	10,675	958
c	7,480	7,061	419
d	151	82	69
e	8,611	4,702	3,909
	10,290	9,610	680
	12,212	11,430	782
	9,112	8,571	541
	172,257	170,793	1,464
	3,310	3,024	286
	8,441	7,588	853
	9,938	9,350	588
	8,343	7,110	1,233
	10,280	8,768	1,512
	754	741	13
	27	27
	3,952	4,161	-209
	128,300	127,435	865
	455	477	-22
	1,579	1,660	-81
	35,341	41,260	-5,919
	10,184	8,526	1,658
	2,703	2,877	-174
	10,227	9,232	995
	5,138	4,413	725
	2,024	1,576	448
	3,415	3,569	-154
	5,362	4,182	1,180
	2,021	1,557	464
	10,948	9,669	1,279
	2,747	3,064	-317
	3,294	3,334	-40
	4,495	4,526	-31
	3,040	3,092	-52
	2,674	2,635	39
	557	577	-20
	7,006	7,766	-760
	36,186	35,531	655
	97,255	96,213	1,042
	34,291	34,658	-367
	9,502	9,348	154
	9,696	7,508	2,188
	8,226	8,997	-771
	35,150	35,775	-625
	21,040	19,655	1,385
	10,061	10,373	-312
	30,161	31,070	-909
	3,287	3,571	-284
	6,481	7,130	-649
	4,936	2,522	2,414
	8,475	4,433	4,042
	2,204	1,147	1,057
	25,650	23,725	1,925
	3,959	2,064	1,895
	5,770	4,900	870
	18,385	18,066	319
	12,150	8,418	3,732
	7,752	5,313	2,439
	100,991	103,132	-2,141
	21,941	27,756	-5,815
	7,182	3,117	4,065
	15,077	21,337	-6,260
	28,391	26,234	2,157
	19,762	14,793	4,969
	5,013	6,196	-1,183
	4,795	1,966	2,829
	673	662	11
	3,845	3,800	45
	625	656	-31
	2,979	3,628	-649
	5,700	6,562	-862
	10,778	11,264	-486
	6,664	7,033	-369
	3,240	3,754	-514
	888	513	375
	13,160	9,001	4,159
	8,495	3,555	4,940
	403	237	166
	401	237	164
	10,831	10,960	-129
	10,358	9,873	485
	4,926	4,216	710
	6,726	5,427	1,299
	10,064	7,627	2,437
	3,598	1,529	2,069
	401	237	164
	334	197	137
	10,446	9,997	449
	28,481	28,267	214
	3,626	3,932	-306
	837	903	-66
	13,983	10,047	3,936
	1,788	755	1,033
	9,863	8,247	1,616
	1,401	828	573
	335	197	138
	3,181	3,218	-37
	2,811	2,830	-19
	2,710	2,755	-45
	2,666	2,814	-148
	151	161	-10
	1,027	1,013	14
	1,060	1,097	-37
	3,017	1,291	1,726
	919	552	367
	18,613	13,365	5,248
	9,896	11,463	-1,567
	5,823	2,403	3,420
	265	158	107
	8,403	8,569	-166
	334	197	137
	10,721	6,220	4,501
	1,797	1,065	732
	3,846	2,288	1,558
	668	394	274
	535	316	219
	9,762	4,853	4,909
	7,009	4,995	2,014
	240,181	236,051	4,130
	81,765	79,941	1,824
	675	394	281
	540	316	224
	6,590	5,479	1,111
	1,423	828	595
	606	355	251
	9,468	7,430	2,038
	21,286	16,648	4,638
	651	640	11
	40	39	1
	3,318	2,747	571
	2,246	1,908	338
	12,129	10,347	1,782
	250,000	250,000
	675	642	33
	11,154	9,281	1,873
	6,404	5,078	1,326
	3,812	3,053	759
	2,789	2,821	-32
	2,971	2,990	-19
	2,123	2,158	-35
	1,377	1,451	-74
	151	160	-9
	2,291	2,259	32
	826	854	-28
	838	872	-34
	18,300	16,862	1,438
	93,690	85,541	8,149
	5,530	4,255	1,275
	10,144	9,949	195
	17,847	14,433	3,414
	6,627	5,125	1,502
	5,048	4,156	892
	5,824	3,649	2,175
	7,337	5,045	2,292
	68	67	1
	5,798	5,440	358
	876	823	53
	6,456	6,920	-464
	4,950	3,555	1,395
	760	638	122
	10,126	9,337	789
	5,167	4,946	221
	3,859	3,192	667
	4,407	4,397	10
	3,874	3,839	35
	495	542	-47
	3,903	3,976	-73
	6,285	4,503	1,782
	2,454	2,420	34
	4,760	4,869	-109
	10,462	8,057	2,405
	10,497	8,057	2,440
	3,613	2,962	651
	6,503	5,300	1,203
	4,106	3,822	284
	20,672	18,956	1,716
	21,222	14,945	6,277
	36,050	19,574	16,476
	2,569	2,516	53
	6,307	5,834	473
	36,056	36,936	-880
	16,846	15,514	1,332
	9,222	8,692	530
	1,059	308	751
	3,831	3,873	-42
	2,092	2,125	-33
	908	956	-48
	1,906	2,020	-114
	1,261	1,244	17
	944	975	-31
	586	609	-23
	637	662	-25
	12,532	10,453	2,079
	13	13
	5,764	2,831	2,933
	568	516	52
	3,694	3,352	342
	45,000	45,000
	2,352	1,412	940
	1,192	1,075	117
	6,451	5,815	636
	2,555	937	1,618
	6,700	3,962	2,738
	30,049	23,766	6,283
	11,831	5,653	6,178
	3,548	3,243	305
	5,612	4,888	724
	6,590	5,567	1,023
	877	322	555
	3,321	1,958	1,363
	19,353	12,831	6,522
	2,163	1,985	178
	3,871	1,434	2,437
	3,605	3,300	305
	160	147	13
	2,211	820	1,391
	1,707	1,289	418
	19,206	13,915	5,291
	11,145	8,815	2,330
	1,566	434	1,132
	3,672	1,049	2,623
	4,192	4,115	77
	3,695	1,067	2,628
	2,040	1,833	207
	5,949	5,050	899
	7,520	2,135	5,385
	28	28
	541	563	-22
	11,996	10,351	1,645
	1,361	1,200	161
	1,022	883	139
	8,760	5,663	3,097
	50,000	38,852	11,148
	4,064	4,500	-436
	75,000	68,548	6,452
	50,000	37,271	12,729
	2,634	2,662	-28
	1,674	1,700	-26
	1,111	1,168	-57
	1,278	1,353	-75
	577	570	7
	721	744	-23
	1,329	1,379	-50
	861	894	-33
	230	230
	2,768	2,985	-217
	1,717	1,875	-158
	10,150	8,114	2,036
	1,210	1,319	-109
	7,608	6,224	1,384
	3,395	2,058	1,337
	2,830	2,277	553
	6,471	5,517	954
	2,533	2,195	338
	123	123
	151	151
	2,604	2,259	345
	3,148	2,688	460
	2,472	2,083	389
	1,372	1,200	172
	3,930	3,383	547
	1,188	1,000	188
	111	73	38
	8,149	7,854	295
	7,690	4,897	2,793
	8,063	5,702	2,361
	8,237	6,999	1,238
	38,748	32,997	5,751
	16,787	17,134	-347
	94,007	86,807	7,200
	59,204	59,975	-771
	46,116	44,285	1,831
	35,693	35,772	-79
	255,926	258,114	-2,188
	29	29
	718	746	-28
	5,786	4,376	1,410
	6,487	4,864	1,623
	8,691	5,295	3,396
	14,221	8,155	6,066
	4,966	4,224	742
	39,950	40,000	-50
	4,012	4,054	-42
	957	1,006	-49
	2,296	2,331	-35
	1,382	1,451	-69
	551	583	-32
	1,362	1,344	18
	1,298	1,339	-41
	854	885	-31
	829	860	-31
	469	469
	9,684	10,017	-333
	10,215	8,082	2,133
	6,298	3,589	2,709
	41,956	44,997	-3,041
	6,068	3,400	2,668
	127	127
	338	338
	23,513	24,197	-684
	15,684	16,091	-407
	7,164	4,895	2,269
	24,283	25,008	-725
	6,348	4,345	2,003
	9,626	5,167	4,459
	91,553	95,613	-4,060
	91,990	96,096	-4,106
	9,591	9,861	-270
	270,901	282,585	-11,684
	278,690	282,736	-4,046
	7,548	6,681	867
	3,472	2,719	753
	6,382	3,230	3,152
	627	426	201
	5,684	5,278	406
	18,283	14,150	4,133
	5,965	4,096	1,869
	781	532	249
	11,599	9,395	2,204
	871	434	437
	9,856	6,393	3,463
	463	319	144
	1,112	552	560
	7	7
	99,023	96,817	2,206
	90,140	88,650	1,490
	63,891	62,538	1,353
	11,810	9,095	2,715
	16,101	12,703	3,398
	477	237	240
	40,564	30,664	9,900
	710	355	355
	1,686	1,170	516
	11,217	10,517	700
	7,011	5,320	1,691
	7,695	4,570	3,125
	3,807	1,846	1,961
	20,787	15,761	5,026
	4,099	3,172	927
	5,432	3,216	2,216
	6,611	4,978	1,633
	1,683	1,276	407
	14,361	11,571	2,790
	5,600	4,417	1,183
	5,790	4,392	1,398
	790	830	-40
	1,897	1,924	-27
	351	368	-17
	146	154	-8
	1,076	1,063	13
	1,789	1,853	-64
	1,065	1,104	-39
	369	369
	45,382	43,514	1,868
	8,595	4,449	4,146
	9,218	9,683	-465
	157	157
	631	631
	4,023	1,961	2,062
	154	103	51
	1,081	745	336
	9,529	9,693	-164
	8,407	6,081	2,326
	3,312	2,374	938
	5,965	2,999	2,966
	1,079	720	359
	250,000	251,565	-1,565
	617	411	206
	357	174	183
	6,565	4,671	1,894
	2,566	1,845	721
	7,777	4,365	3,412
	2,439	1,732	707
	6,326	7,367	-1,041
	6,635	8,195	-1,560
	10,109	7,982	2,127
	340,545	340,063	482
	123,983	97,145	26,838
	105,000	105,000
	33	33
	59,179	49,684	9,495
	9,868	7,552	2,316
	2,288	1,753	535
	11,778	13,778	-2,000
	10,568	7,735	2,833
	2,487	711	1,776
	3,873	3,806	67
	259,562	259,970	-408
	200,141	200,037	104
	47,802	47,229	573
	11,542	5,760	5,782
	476	323	153
	43,451	45,238	-1,787
	40,131	40,010	121
	46,158	45,505	653
	31,562	32,702	-1,140
	7,565	5,112	2,453
	686	720	-34
	1,647	1,670	-23
	91	92	-1
	307	321	-14
	513	542	-29
	197	200	-3
	116	117	-1
	1,452	1,434	18
	176	176
	1,392	925	467
	127	127
	344	344
	9,716	9,668	48
	34,470	28,168	6,302
	12,406	13,630	-1,224
	2,339	1,542	797
	8,009	5,082	2,927
	314	204	110
	1,401	695	706
	970	478	492
	1,591	777	814
	3,978	5,000	-1,022
	29	28	1
	176	86	90
	6,460	5,965	495
	527	257	270
	6,756	5,352	1,404
	1,135	557	578
	6,934	6,124	810
	6,250	5,521	729
	13,237	13,295	-58
	1,143	1,159	-16
	476	499	-23
	87	87
	1,473	1,541	-68
	1,350	1,425	-75
	184	186	-2
	66	66
	27	26	1
	94	94
	2,087	1,927	160
	5,149	3,103	2,046
	3,981	3,671	310
	718	718
	17,885	13,703	4,182
	565	565
	3,005	1,806	1,199
	1,920	1,158	762
	6,368	5,866	502
	7,360	9,471	-2,111
	6,784	8,198	-1,414
	7,315	5,652	1,663
	5,720	4,142	1,578
	802	308	494
	10,962	10,509	453
	5,284	3,323	1,961
	21,835	9,523	12,312
	8,108	3,516	4,592
	18,658	17,421	1,237
	10,377	4,543	5,834
	10,671	4,538	6,133
	8,292	3,670	4,622
	6,386	6,312	74
	16,912	9,980	6,932
	13,302	12,484	818
	28,041	25,676	2,365
	8,868	7,981	887
	7,212	4,359	2,853
	237,168	167,914	69,254
	239,677	170,672	69,005
	7,690	4,285	3,405
	104	59	45
	14,793	8,561	6,232
	983	996	-13
	409	429	-20
	87	88	-1
	372	389	-17
	1,028	1,084	-56
	700	708	-8
	62	62
	160	159	1
	46,134	45,199	935
	258	258
	10,704	10,758	-54
	877	878	-1
	7,264	3,558	3,706
	879	429	450
	17,894	17,480	414
	300,000	199,346	100,654
	398,064	285,078	112,986
	151,936	111,365	40,571
	7,080	1,429	5,651
	3,555	1,474	2,081
	7,585	7,532	53
	9,539	4,221	5,318
	13,566	9,627	3,939
	9,747	10,125	-378
	12,369	8,653	3,716
	7,642	6,961	681
	8,450	8,520	-70
	10,956	8,958	1,998
	11,975	9,589	2,386
	3,992	3,610	382
	9,363	6,365	2,998
	18,349	7,229	11,120
	752	251	501
	8,384	7,176	1,208
	1,897	2,576	-679
	6,448	8,726	-2,278
	4,552	6,181	-1,629
	13,913	13,593	320
	24,112	5,865	18,247
	14,432	13,904	528
	6,649	6,748	-99
	8,911	8,843	68
	15,182	13,653	1,529
	10,755	3,549	7,206
	10,449	7,673	2,776
	7,281	7,185	96
	9,335	7,460	1,875
	13,542	9,721	3,821
	15,506	9,031	6,475
	12,105	8,150	3,955
	14,520	12,912	1,608
	9,242	3,600	5,642
	8,387	7,344	1,043
	12,802	6,790	6,012
	1,056	514	542
	37,647	25,877	11,770
	38,334	28,883	9,451
	5,409	2,653	2,756
	20,271	14,827	5,444
	10,015	6,051	3,964
	44,900	44,983	-83
	141	141
	445	445
	295,346	295,305	41
	19,000	18,657	343
	18,245	8,616	9,629
	13,526	5,760	7,766
	9,008	6,241	2,767
	6,783	2,665	4,118
	2,245	752	1,493
	29,151	14,217	14,934
	1,375	465	910
	4,331	1,468	2,863
	2,883	966	1,917
	40	40
	6,109	2,040	4,069
	10,954	11,201	-247
	32,864	33,516	-652
	38,540	37,671	869
	1,278	430	848
	6,801	3,977	2,824
	3,983	2,358	1,625
	3,802	2,184	1,618
	3,412	1,988	1,424
	2,785	931	1,854
	15,905	8,277	7,628
	2,678	895	1,783
	4,033	1,360	2,673
	18,000	17,966	34
	528	530	-2
	355	372	-17
	853	864	-11
	118	119	-1
	302	315	-13
	1,464	1,544	-80
	210	212	-2
	66	66
	24	24
	847	286	561
	12,000	11,978	22
	1,466	501	965
	10,178	8,283	1,895
	628	215	413
	7,033	5,735	1,298
	50,000	49,897	103
	125	125
	213	213
	631	215	416
	9,098	3,114	5,984
	6,211	5,244	967
	213,211	213,707	-496
	1,041	358	683
	42,058	42,412	-354
	80,030	84,314	-4,284
	107,874	108,975	-1,101
	39,287	39,641	-354
	1,875	644	1,231
	22,656	16,051	6,605
	45,575	45,477	98
	1,144	394	750
	44,433	44,537	-104
	1,762	609	1,153
	721	251	470
	9,976	10,049	-73
	34,931	34,822	109
	2,550	895	1,655
	1,842	644	1,198
	18	18
	2,694	931	1,763
	4,553	1,575	2,978
	10,777	3,723	7,054
	106,995	111,146	-4,151
	223		223
	1,944		1,944
	2,268	2,172	96
	4,535	4,135	400
	7,539	6,053	1,486
	274,461	274,797	-336
	589	592	-3
	931	943	-12
	388	405	-17
	99	100	-1
	320	334	-14
	1,293	1,363	-70
	612	618	-6
	423	427	-4
	1,112	1,100	12
	203	203
	28,212	29,988	-1,776
	44,155	44,061	94
	25,062	23,284	1,778
	77,193	76,544	649
	32,164	32,891	-727
	53,537	54,694	-1,157
	11,186	10,204	982
	40,932	40,343	589
	62,969	68,482	-5,513
	47,840	52,313	-4,473
	9,348	10,000	-652
	65,189	68,187	-2,998
	5,644	8,331	-2,687
	3,143	4,527	-1,384
			112,939

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			4,816
b			958
c			419
d			69
e			3,909
			680
			782
			541
			1,464
			286
			853
			588
			1,233
			1,512
			13

			-209
			865
			-22
			-81
			-5,919
			1,658
			-174
			995
			725
			448
			-154
			1,180
			464
			1,279
			-317
			-40
			-31
			-52
			39
			-20
			-760
			655
			1,042
			-367
			154
			2,188
			-771
			-625
			1,385
			-312
			-909
			-284
			-649
			2,414
			4,042
			1,057
			1,925
			1,895
			870
			319
			3,732
			2,439
			-2,141
			-5,815
			4,065
			-6,260
			2,157
			4,969
			-1,183
			2,829
			11
			45
			-31
			-649
			-862
			-486
			-369
			-514
			375
			4,159
			4,940
			166
			164
			-129
			485
			710
			1,299
			2,437
			2,069
			164
			137
			449
			214
			-306
			-66
			3,936
			1,033
			1,616
			573
			138
			-37
			-19
			-45
			-148
			-10
			14
			-37
			1,726
			367
			5,248
			-1,567
			3,420
			107
			-166
			137
			4,501
			732
			1,558
			274
			219
			4,909
			2,014
			4,130
			1,824
			281
			224
			1,111
			595
			251
			2,038
			4,638
			11
			1
			571
			338
			1,782

			33
			1,873
			1,326
			759
			-32
			-19
			-35
			-74
			-9
			32
			-28
			-34
			1,438
			8,149
			1,275
			195
			3,414
			1,502
			892
			2,175
			2,292
			1
			358
			53
			-464
			1,395
			122
			789
			221
			667
			10
			35
			-47
			-73
			1,782
			34
			-109
			2,405
			2,440
			651
			1,203
			284
			1,716
			6,277
			16,476
			53
			473
			-880
			1,332
			530
			751
			-42
			-33
			-48
			-114
			17
			-31
			-23
			-25
			2,079

			2,933
			52
			342

			940
			117
			636
			1,618
			2,738
			6,283
			6,178
			305
			724
			1,023
			555
			1,363
			6,522
			178
			2,437
			305
			13
			1,391
			418
			5,291
			2,330
			1,132
			2,623
			77
			2,628
			207
			899
			5,385

			-22
			1,645
			161
			139
			3,097
			11,148
			-436
			6,452
			12,729
			-28
			-26
			-57
			-75
			7
			-23
			-50
			-33

			-217
			-158
			2,036
			-109
			1,384
			1,337
			553
			954
			338


			345
			460
			389
			172
			547
			188
			38
			295
			2,793
			2,361
			1,238
			5,751
			-347
			7,200
			-771
			1,831
			-79
			-2,188

			-28
			1,410
			1,623
			3,396
			6,066
			742
			-50
			-42
			-49
			-35
			-69
			-32
			18
			-41
			-31
			-31

			-333
			2,133
			2,709
			-3,041
			2,668


			-684
			-407
			2,269
			-725
			2,003
			4,459
			-4,060
			-4,106
			-270
			-11,684
			-4,046
			867
			753
			3,152
			201
			406
			4,133
			1,869
			249
			2,204
			437
			3,463
			144
			560

			2,206
			1,490
			1,353
			2,715
			3,398
			240
			9,900
			355
			516
			700
			1,691
			3,125
			1,961
			5,026
			927
			2,216
			1,633
			407
			2,790
			1,183
			1,398
			-40
			-27
			-17
			-8
			13
			-64
			-39

			1,868
			4,146
			-465


			2,062
			51
			336
			-164
			2,326
			938
			2,966
			359
			-1,565
			206
			183
			1,894
			721
			3,412
			707
			-1,041
			-1,560
			2,127
			482
			26,838


			9,495
			2,316
			535
			-2,000
			2,833
			1,776
			67
			-408
			104
			573
			5,782
			153
			-1,787
			121
			653
			-1,140
			2,453
			-34
			-23
			-1
			-14
			-29
			-3
			-1
			18

			467


			48
			6,302
			-1,224
			797
			2,927
			110
			706
			492
			814
			-1,022
			1
			90
			495
			270
			1,404
			578
			810
			729
			-58
			-16
			-23

			-68
			-75
			-2

			1

			160
			2,046
			310

			4,182

			1,199
			762
			502
			-2,111
			-1,414
			1,663
			1,578
			494
			453
			1,961
			12,312
			4,592
			1,237
			5,834
			6,133
			4,622
			74
			6,932
			818
			2,365
			887
			2,853
			69,254
			69,005
			3,405
			45
			6,232
			-13
			-20
			-1
			-17
			-56
			-8

			1
			935

			-54
			-1
			3,706
			450
			414
			100,654
			112,986
			40,571
			5,651
			2,081
			53
			5,318
			3,939
			-378
			3,716
			681
			-70
			1,998
			2,386
			382
			2,998
			11,120
			501
			1,208
			-679
			-2,278
			-1,629
			320
			18,247
			528
			-99
			68
			1,529
			7,206
			2,776
			96
			1,875
			3,821
			6,475
			3,955
			1,608
			5,642
			1,043
			6,012
			542
			11,770
			9,451
			2,756
			5,444
			3,964
			-83


			41
			343
			9,629
			7,766
			2,767
			4,118
			1,493
			14,934
			910
			2,863
			1,917

			4,069
			-247
			-652
			869
			848
			2,824
			1,625
			1,618
			1,424
			1,854
			7,628
			1,783
			2,673
			34
			-2
			-17
			-11
			-1
			-13
			-80
			-2


			561
			22
			965
			1,895
			413
			1,298
			103


			416
			5,984
			967
			-496
			683
			-354
			-4,284
			-1,101
			-354
			1,231
			6,605
			98
			750
			-104
			1,153
			470
			-73
			109
			1,655
			1,198

			1,763
			2,978
			7,054
			-4,151
			223
			1,944
			96
			400
			1,486
			-336
			-3
			-12
			-17
			-1
			-14
			-70
			-6
			-4
			12

			-1,776
			94
			1,778
			649
			-727
			-1,157
			982
			589
			-5,513
			-4,473
			-652
			-2,998
			-2,687
			-1,384

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	1,234,202
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	657,903	17,420,253	0.037767
2011	642,711	17,179,448	0.037412
2010	693,455	16,113,222	0.043036
2009	794,977	13,992,897	0.056813
2008	870,284	18,084,625	0.048123

2	Total of line 1, column (d) ......................	2	0.223151
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	0.04463
4	Enter the net value of noncharitable-use assets for 2013 from Part X, line 5.....	4	19,256,852
5	Multiply line 4 by line 3.......................	5	859,433
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	14,986
7	Add lines 5 and 6.........................	7	874,419
8	Enter qualifying distributions from Part XII, line 4..............	8	701,692
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	29,972
	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	29,972
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	29,972
6	Credits/Payments:

a	2013 estimated tax payments and 2012 overpayment credited to 2013	6a	20,430
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c	24,012
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	44,442
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	14,470
11	Enter the amount of line 10 to be: Credited to 2014 estimated tax14,470	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.

Yes

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?

Website address bullet

The books are in care of bullet

BROWN ADVISORY Telephone no. bullet

(410) 537-5465

Located at bullet

901 S BOND STREET SUITE 400BALTIMOREMD 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
ALBERT J A YOUNG	TRUSTEE 40	0
200 SOUTH MAIN STREET BEL AIR,MD21014	TRUSTEE 40	0
BROWN INVESTMENT ADVISORY	INVESTMENT MGR 40	0
901 S BOND STREET BALTIMORE,MD21231	INVESTMENT MGR 40	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....................

962,843

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

29,972

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

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

29,972

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

932,871

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

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

932,871

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

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

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

932,871

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					932,871
2 Undistributed income, if any, as of the end of 2013:
a Enter amount for 2012 only.......				105,993
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: $ 701,692
a Applied to 2012, but not more than line 2a				105,993
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.....					595,699
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 ..........					337,172
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
ST JOAN OF ARC CATHOLIC CHURCH ATTN PASTOR 222 S LAW STREET ABERDEEN,MD210013397		EXEMPT-CHURCH	FINANCIAL SUPPORT	701,692
Total ................................. 3a				701,692

bApproved for future payment

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

Form 990-PF (2013)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
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 ............				0
4 Dividends and interest from securities....			14	379,824
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property .............
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory .............			18	1,234,202
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)..				1,614,026

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

131,614,026

(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
MUNICIPAL BONDS
CORP BONDS	747,064	748,602
FIXED INC MUTUAL FUNDS	1,907,800	1,869,387
FOREIGN BONDS	43,876	44,709
TAXABLE MUNI BONDS	224,578	220,042
EXEMPT MUNI	156,591	155,606

Name of Stock	End of Year Book Value	End of Year Fair Market Value
COMMON STOCK	6,449,780	8,121,132
MUTUAL FUNDS	3,669,630	4,723,135
PREFERRED STOCK	121,392	109,938
FOREIGN STOCK	1,114,822	1,471,081
PRIVATE EQUITY	430,408	526,032

Description	Amount
2014 ACCRUED INTEREST PAID IN 2013	2,971
ADJ BOOK VALUE ON TIPS	2,012
AMORTIZATION NOT OFFSETTING INCOME	2,140

Description	Amount
2013 ACCRUED INTEREST PAID IN 2012	1,711
PRIVATE EQUITY ADJUSTMENTS	32,574
OTHER BOOK VALUE ADJUSTMENTS	3,260

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT FEES-PRIN	123,775	123,775
OTHER NON-ALLOCABLE EXPENSE -	20	20

Category	Amount	Net Investment Income
FOREIGN TAXES	3,730	3,730
QUARTERLY TAX DEPOSIT	15,417	0
FOREIGN TAXES ON QUALIFIED FOR	2,136	2,136
FOREIGN TAXES ON NONQUALIFIED	144	144