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 01-01-2013 , and ending 12-31-2013
Name of foundation
Mark Paul Terk Charitable Trust
 
% c/o Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside RdSuite 123Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

80-6084948
B Telephone number (see instructions)

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$35,404,362J 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) 0
2 Check bullet
3 Interest on savings and temporary cash investments 4,521 4,521  
4 Dividends and interest from securities...... 777,316 777,316  
5a Gross rents.............. 481,694 481,694  
b Net rental income or (loss) -439,194
6a Net gain or (loss) from sale of assets not on line 10 -196,481
b Gross sales price for all assets on line 6a 15,872,530
7 Capital gain net income (from Part IV, line 2)... 0
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)....... Click to see attachment 100,085 1,063  
12 Total. Add lines 1 through 11........ 1,167,135 1,264,594  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 147,400 114,262 0 33,139
b Accounting fees (attach schedule)....... Click to see attachment 46,375 7,875 0 38,500
c Other professional fees (attach schedule).... Click to see attachment 221,245 221,245    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 10,394 1,994    
19 Depreciation (attach schedule) and depletion... Click to see attachment 260,034 349,374  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 12,206     12,206
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 707,236 620,953   86,283
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,404,890 1,315,703 0 170,128
25 Contributions, gifts, grants paid........ 4,778,913 4,778,913
26 Total expenses and disbursements. Add lines 24 and 25 6,183,803 1,315,703 0 4,949,041
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,016,668
b Net investment income (if negative, enter -0-) 0
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.......... 9,679,759 2,616,985 2,616,985
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) 4,677,240 Click to see attachment4,647,784 4,474,093
b Investments—corporate stock (attach schedule)........ 11,125,130 Click to see attachment12,865,889 13,632,348
c Investments—corporate bonds (attach schedule)........ 5,202,638 Click to see attachment5,957,197 5,850,137
11 Investments—land, buildings, and equipment: basis bullet7,165,936
Less: accumulated depreciation (attach schedule) bullet394,798 7,016,172 Click to see attachment6,771,138 7,944,584
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,057,934 Click to see attachment883,212 886,215
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) 38,758,873 33,742,205 35,404,362
Liabilities 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 bullet) Click to see attachment22,724 Click to see attachment22,724
23 Total liabilities (add lines 17 through 22).......... 22,724 22,724
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.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 38,736,149 33,719,481
30 Total net assets or fund balances (see page 17 of the
instructions).................... 38,736,149 33,719,481
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 38,758,873 33,742,205
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 38,736,149
2 Enter amount from Part I, line 27a..................... 2 -5,016,668
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 33,719,481
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 33,719,481
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 Publicly-traded Securities      
b Passthrough K1 Capital Gain      
c GS HEDGE FUND OPPORTUNITIES LTD CLASS A SER 84 P 2012-02-01 2013-07-01
d GS HEDGE FUND OPPORTUNITIES LTD CLASS A SER 84 P 2012-02-01 2013-07-01
e GS LIBERTY HARBOR I P 2012-03-01 2013-07-01
GS LIBERTY HARBOR I P 2012-03-01 2013-07-01
(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 15,211,951   15,399,252 -187,301
b       -25,050
c 483,493   250,000 233,493
d 56,593   250,000 -193,407
e 108,312   72,355 35,957
12,181   72,354 -60,173
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       -187,301
b        
c       233,493
d       -193,407
e       35,957
      -60,173
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 -196,481
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 1,627,561 35,505,540 0.04584
2011 158,261 54,896 2.882924
2010 50,000 82,247 0.607925
2009   9,182  
2008 0 0 0.0
2 Total of line 1, column (d) ...................... 2 3.536689
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 0.707338
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 36,069,110
5 Multiply line 4 by line 3....................... 5 25,513,052
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 0
7 Add lines 5 and 6......................... 7 25,513,052
8 Enter qualifying distributions from Part XII, line 4.............. 8 4,949,041
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 0
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  
3 Add lines 1 and 2............................ 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 10,481
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 10,481
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 10,481
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet0 RefundedBullet 11 10,481
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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)
    bulletNY
    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 addressbullet  
    14
    The books are in care ofbulletco Foundation Source Telephone no.bullet (800) 839-1754
    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
    Glenn R Staack Trustee
    60.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
     
    Total number of other employees paid over $50,000...................bullet  
    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
    A J Clarke Real Estate Corp Real Estate Mgmt 515,488
    1881 Broadway 4
    NEW YORK,NY10023
    LPL Financial Investment Mgmt 209,371
    75 State St 24 Floor
    BOSTON,MA02109
    Foundation Source Administrative 85,000
    55 Walls Drive suite 302
    Fairfield,CT06824
    allan kirstein legal 81,761
    708 third ave ste 1501
    NEW YORK,NY10017
    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)
    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.)
    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
    1,803,456
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    0
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    0
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,803,456
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,803,456
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    1,803,456
    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 1,803,456
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only.......  
    b Total for prior years:2011, 2010, 2009  
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009.......  
    c From 2010.......  
    d From 2011....... 56,148
    e From 2012.......  
    fTotal of lines 3a through e......... 56,148
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 4,949,041
    a Applied to 2012, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2013 distributable amount..... 1,803,456
    e Remaining amount distributed out of corpus 3,145,585
    5 Excess distributions carryover applied to 2013.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 3,201,733
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		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) .............     		 
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		3,201,733
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010....  
    c Excess from 2011.... 56,148
    d Excess from 2012....  
    e Excess from 2013.... 3,145,585
    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
    A LOVING OFFERING FOUNDATION
    7409 FLORENCE AVE
    DOWNEY,CA90240     		N/A PC General & Unrestricted 25,000
    ACTORS MODELS & TALENT FOR CHRIST INC
    1126 SENOIA RD STE A
    TYRONE,GA30290     		N/A PC Film "8 days" 39,950
    AMERICAN SUNRISE-A NONPROFIT COMMUNITY BUILDER
    2007 W COMMERCE ST
    SAN ANTONIO,TX78207     		N/A PC General & Unrestricted 40,000
    ARRUPE JESUIT HIGH SCHOOL
    4343 UTICA ST
    DENVER,CO80212     		N/A PC General & Unrestricted 500,000
    ASHLAND ARTISAN GALLERY AND ART CENTER INC
    357 E MAIN ST
    ASHLAND,OR97520     		N/A PC General & Unrestricted 40,000
    ASHLAND ARTISAN GALLERY AND ART CENTER INC
    357 E MAIN ST
    ASHLAND,OR97520     		N/A PC Documentary Film HORN by Reina-Marie Loader 62,000
    AYM INCORPORATED
    1951 DAYLIGHT COURT
    THOUSAND OAKS,CA91362     		N/A PC General & Unrestricted 15,000
    AYM INCORPORATED
    1951 DAYLIGHT COURT
    THOUSAND OAKS,CA91362     		N/A PC Jordan Romero and Leigh Ann Drake Malawi School 7,000
    BILLFISH FOUNDATION INC
    5100 N FEDERAL HWY
    FORT LAUDERDALE,FL33308     		N/A PC General & Unrestricted 165,000
    BISBEES FISH & WILDLIFE CONSERVATION FUND
    2300 MCDERMOTT RD
    PLANO,TX75025     		N/A PC General & Unrestricted 480,000
    BISBEES FISH & WILDLIFE CONSERVATION FUND
    2300 MCDERMOTT RD
    PLANO,TX75025     		N/A PC Save the Rhino 100,000
    BISBEES FISH & WILDLIFE CONSERVATION FUND
    2300 MCDERMOTT RD
    PLANO,TX75025     		N/A PC Support the Save the Rhino 150,000
    BOULDER CITY SUNRISE ROTARY FOUNDATION
    PO BOX 60905
    BOULDER CITY,NV89006     		N/A PC General & Unrestricted 217,000
    BOULDER CITY SUNRISE ROTARY FOUNDATION
    PO BOX 60905
    BOULDER CITY,NV89006     		N/A PC Casa Hogar 350,000
    BOYS & GIRLS CLUBS OF GLOUCESTER COUNTY INC
    PO BOX 742
    GLASSBORO,NJ08028     		N/A PC Paulsboro Unit Basement 30,000
    BOYS AND GIRLS CLUB OF COASTAL CAROLINA INC
    PO BOX 1514
    MOREHEAD CITY,NC28557     		N/A PC General & Unrestricted 25,000
    BOYS AND GIRLS CLUBS OF SIOUX EMPIRE
    824 E 14TH ST
    SIOUX FALLS,SD57104     		N/A PC General & Unrestricted 10,000
    BRIGHTER TOMORROWS INC
    PO BOX 532151
    GRAND PRAIRIE,TX75053     		N/A PC General & Unrestricted 5,370
    CALIFORNIA F C BARCELONA SOCCER FOUNDATION
    337 BAPTISTE WAY
    LA CANADA FLT,CA91011     		N/A PC General & Unrestricted 8,600
    CAPUCHIN PROVINCE OF MID-AMERICA
    3613 WYANDOT ST
    DENVER,CO80211     		N/A PC General & Unrestricted 394,000
    CASPER COLLEGE FOUNDATION
    125 COLLEGE DR
    CASPER,WY82601     		N/A PC General & Unrestricted 25,000
    CASPER HUMANE SOCIETY
    849 E E ST
    CASPER,WY82601     		N/A PC General & Unrestricted 10,000
    CLUB DUST INC
    270 HAMES RD SPC 10
    CORRALITOS,CA95076     		N/A PC General & Unrestricted 10,000
    CLUB DUST INC
    270 HAMES RD SPC 10
    CORRALITOS,CA95076     		N/A PC Feeding Somalia Fund 25,000
    CLUB DUST INC
    270 HAMES RD SPC 10
    CORRALITOS,CA95076     		N/A PC Mexico Project 10,000
    COTTONWOOD CREEK BAPTIST CHURCH
    1015 STATE HWY 121
    ALLEN,TX75013     		N/A PC Children's Ministries Program 5,000
    CUMBERLAND PRESBYTERIAN CHILDRENS HOME
    PO BOX G
    DENTON,TX76202     		N/A PC General & Unrestricted 10,000
    DALLAS CHILDRENS ADVOCACY CENTER
    5351 SAMUELL BLVD
    DALLAS,TX75228     		N/A PC General & Unrestricted 75,050
    DALLAS ECOLOGICAL FOUNDATION
    13709 GAMMA RD
    DALLAS,TX75244     		N/A PC General & Unrestricted 25,000
    DRAWING DREAMS
    1703 GRANT ST
    BERKELEY,CA94703     		N/A PC General & Unrestricted 30,020
    FC DALLAS FOUNDATION
    1601 ELM ST STE 4000
    DALLAS,TX75201     		N/A PC General & Unrestricted 10,000
    FRISCO CARES INC
    3411 PRESTON RD C-13 PO BOX 169
    FRISCO,TX75034     		N/A PC General & Unrestricted 10,000
    FRISCO FAMILY SERVICES CENTER
    PO BOX 1387
    FRISCO,TX75034     		N/A PC General & Unrestricted 20,000
    GABRIELLES ANGEL FOUNDATION FOR CANCER RESEARCH IN
    14 PENN PLZ STE 1704
    NEW YORK,NY10122     		N/A PC General & Unrestricted 130,000
    GENESIS WOMEN'S SHELTER
    4411 LEMMON AVE
    DALLAS,TX75219     		N/A PC General & Unrestricted 50,000
    GIRLS INCORPORATED OF THE NORTHERN SACRAMENTO VALL
    PO BOX 494081
    REDDING,CA96049     		N/A PC General & Unrestricted 25,000
    GIVING IT BACK TO KIDS
    10112 STONYBROOK DR
    HUNTINGTON BEACH,CA92646     		N/A PC General & Unrestricted 50,000
    HALE HALAWAI OHANA OHANALEI
    PO BOX 822
    HANALEI,HI96714     		N/A PC General & Unrestricted 100,000
    HAMAKUA YOUTH FOUNDATION
    PO BOX 381
    HONOKAA,HI96727     		N/A PC General & Unrestricted 25,000
    HANDS ON NASHVILLE INC
    37 PEABODY ST STE 206
    NASHVILLE,TN37210     		N/A PC General & Unrestricted 5,000
    HARRIS FOUNDATION
    1330 POST OAK BLVD
    HOUSTON,TX77056     		N/A PC General & Unrestricted 150,000
    HEALING HANDS INTERNATIONAL INC
    455 MCNALLY DR
    NASHVILLE,TN37211     		N/A PC Walk 4 Water 10,000
    HIGH FIVES NONPROFIT FOUNDATION
    10775 PIONEER TRAIL
    TRUCKEE,CA96161     		N/A PC General & Unrestricted 10,000
    HOLY ANGELS RESIDENTIAL FACILITY
    10450 ELLERBE RD
    SHREVEPORT,LA71106     		N/A PC General & Unrestricted 20,000
    HOLY CROSS CENTER INC
    1030 N LINCOLN ST
    CASPER,WY82601     		N/A PC General & Unrestricted 10,000
    LINDA BLAIR-WORLDHEART FOUNDATION
    10061 RIVERSIDE DR STE 1003
    TOLUCA LAKE,CA91602     		N/A PC General & Unrestricted 100,000
    MAGDALENA MINISTRIES INC
    PO BOX 692041
    SAN ANTONIO,TX78269     		N/A PC Building of a second home 100,000
    MERCER FAMILY RESOURCE CENTER INC
    535 W YELLOWSTONE HWY
    CASPER,WY82601     		N/A PC General & Unrestricted 15,000
    MOTHER SETON HOUSING INC
    PO BOX 1557
    CASPER,WY82602     		N/A PC General & Unrestricted 25,000
    MOTHERS OPPOSING BULLYING FOUNDATION INC
    4106 FRYER ST
    THE COLONY,TX75056     		N/A PC General & Unrestricted 10,000
    MUTTNATION FOUNDATION INC
    2300 CHARLOTTE AVE STE 103
    NASHVILLE,TN37203     		N/A PC General & Unrestricted 5,000
    NEW ENGLAND CONFERENCE OF THE UNITED METHODIST CHU
    276 ESSEX ST 4TH FLR
    LAWRENCE,MA01840     		N/A PC General & Unrestricted 75,000
    NEW ENGLAND CONFERENCE OF THE UNITED METHODIST CHU
    276 ESSEX ST 4TH FLR
    LAWRENCE,MA01840     		N/A PC LifeBot Fund 64,225
    NEW ENGLAND CONFERENCE OF THE UNITED METHODIST CHU
    276 ESSEX ST 4TH FLR
    LAWRENCE,MA01840     		N/A PC Facilities 200,000
    NEW ENGLAND CONFERENCE OF THE UNITED METHODIST CHU
    276 ESSEX ST 4TH FLR
    LAWRENCE,MA01840     		N/A PC Amanecer Mobile Health Clinic 50,000
    NEW ENGLAND CONFERENCE OF THE UNITED METHODIST CHU
    276 ESSEX ST 4TH FLR
    LAWRENCE,MA01840     		N/A PC Facilities 100,000
    NEW ENGLAND CONFERENCE OF THE UNITED METHODIST CHU
    276 ESSEX ST 4TH FLR
    LAWRENCE,MA01840     		N/A PC Facilities 75,000
    NORTH CAROLINA ZOOLOGICAL SOCIETY INC
    4403 ZOO PKWY
    ASHEBORO,NC27205     		N/A PC General & Unrestricted 211,995
    PTA TEXAS CONGRESS
    PO BOX 6024
    MCKINNEY,TX75071     		N/A PC General & Unrestricted 10,000
    REEL LIFE INTERNATIONAL INC
    169 OAKMONT RD
    BIRMINGHAM,AL35244     		N/A PC General & Unrestricted 10,000
    REEL LIFE INTERNATIONAL INC
    169 OAKMONT RD
    BIRMINGHAM,AL35244     		N/A PC Building of a new boys home in the Dominican Republic 25,000
    RONALD MCDONALD HOUSE OF DALLAS INC
    4707 BENGAL ST
    DALLAS,TX75235     		N/A PC General & Unrestricted 2,000
    SAINT ANTHONY TRI-PARISH SCHOOL FOUNDATION
    1145 W 20TH ST
    CASPER,WY82604     		N/A PC General & Unrestricted 30,000
    SAMARITAN INN INC
    1710 N MCDONALD ST
    MCKINNEY,TX75071     		N/A PC To Sponsor a child for the summer 5,000
    SOFTASK CHARITY
    PO BOX 496742
    GARLAND,TX75049     		N/A PC General & Unrestricted 10,000
    SOROPTIMIST INTERNATIONAL OF THE AMERICAS INC
    PO BOX 6505
    BIG BEAR LAKE,CA92315     		N/A PC Stop Teen Violence Campaign 25,000
    SOUTHAMPTON ANIMAL SHELTER FOUNDATION INC
    102 OLD RIVERHEAD RD
    HAMPTON BAYS,NY11946     		N/A PC General & Unrestricted 10,000
    SPECIAL OLYMPICS SOUTHERN CALIFORNIA INC
    1600 FORBES WAY STE 200
    LONG BEACH,CA90810     		N/A PC General & Unrestricted 39,203
    TARRANT-DALLAS COUNTY TOY RUN
    PO BOX 155155
    FORT WORTH,TX76155     		N/A PC General & Unrestricted 10,000
    YMCA OF METROPOLITAN DALLAS
    601 N AKARD ST
    DALLAS,TX75201     		N/A PC Camp Grady Spruce Program 10,000
    YOUTH FOR CHRIST USA INC
    PO BOX 338
    CASPER,WY82602     		N/A PC General & Unrestricted 15,000
    YOUTH WITH A MISSION
    PO BOX 3000
    GARDEN VALLEY,TX75771     		N/A PC Media Village Fund 7,500
    YOUTH WITH A MISSION
    PO BOX 3000
    GARDEN VALLEY,TX75771     		N/A PC Media Village Project 25,000
    Total .................................bullet 3a 4,778,913
    bApproved for future payment
    Total .................................bullet 3b  
    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 ............     		    14 4,521  
    4 Dividends and interest from securities....     14 777,316  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 -439,194  
    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 -196,481  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aK-1 Inc/Loss     14 99  
    bFederal Tax Refund     01 99,022  
    cForeign Tax Refund     01 964  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   246,247  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13246,247
    (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.)
    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:
    Mark Paul Terk Charitable Trust
    EIN: 80-6084948
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING - CHAR PROJECTS 38,500     38,500
    ACCOUNTING - REAL ESTATE 7,875 7,875    

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

    TY 2013 DepreciationSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN: 80-6084948
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    HUDSON 10D 2012-06-26 333,414 6,261 SL 27 12,124      
    HUDSON 11A 2012-06-26 549,080 10,311 SL 27 19,967      
    HUDSON 11D 2012-06-26 341,506 6,413 SL 27 12,418      
    HUDSON 11G 2012-06-26 185,914 3,491 SL 27 6,761      
    HUDSON 5H 2012-06-26 360,668 6,773 SL 27 13,115      
    HUDSON 14B 2012-06-26 192,352 3,612 SL 27 6,995      
    HUDSON 15E 2012-06-26 387,804 7,282 SL 27 14,102      
    HUDSON 15H 2012-06-26 432,928 8,129 SL 27 15,743      
    HUDSON 16E 2012-06-26 274,088 5,147 SL 27 9,967      
    HUDSON 1E 2012-06-26 283,836 5,330 SL 27 10,321      
    HUDSON 5H 2012-06-26 360,668 6,773 SL 27 13,115      
    HUDSON 6B 2012-06-26 153,936 2,891 SL 27 5,598      
    HUDSON 6F 2012-06-26 230,920 4,336 SL 27 8,397      
    HUDSON 6G 2012-06-26 169,940 3,191 SL 27 6,180      
    HUDSON 8A 2012-06-26 320,574 6,020 SL 27 11,657      
    HUDSON 8D 2012-06-26 317,408 5,960 SL 27 11,542      
    HUDSON 8E 2012-06-26 339,850 6,382 SL 27 12,358      
    HUDSON 9A 2012-06-26 328,660 6,172 SL 27 11,951      
    HUDSON 9C 2012-06-26 229,264 4,305 SL 27 8,337      
    HUDSON 9D 2012-06-26 325,380 6,110 SL 27 11,832      
    HUDSON 9F 2012-06-26 245,270 4,606 SL 27 8,919      
    HUDSON 9G 2012-06-26 179,476 3,370 SL 27 6,526      
    REGO PARK A1 2008-05-25 151,000 2,955 SL 27 5,491      
    REGO PARK B16 2008-05-25 152,000 2,975 SL 27 5,527      
    REGO PARK D8 2008-05-25 154,000 3,014 SL 27 5,600      
    REGO PARK E4 2008-05-25 151,000 2,955 SL 27 5,491      
    HUDSON 8A BUYOUT 2013-11-01 15,000       0      

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN: 80-6084948
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AES CORP SER B - 8.000% - 06/0 23,420 23,400
    ALLY FINL INC - 8.000% - 03/15 23,632 23,975
    AMERICAN AXLE & MFG INC - 25,406 26,313
    AMERICAN TOWER CORP - 7.25% - 50,842 47,202
    AMGEN INC - 5.850% - 06/01/201 88,233 85,229
    AMGEN INC BOND - 2.125% - 05/1 77,866 75,950
    AMKOR TECHNOLOGY INCSR NT 7.37 26,799 26,500
    APACHE CORP - 2.625% - 01/15/2 45,818 42,649
    ARCELORMITTAL - 9.85% - 06/01/ 23,301 25,300
    ASSOCIATES CORP - 6.950% - 11/ 88,569 89,235
    ASTRAZENECA PLC NT - 5.900% - 73,524 68,608
    AT&T - 2.35% - 11/27/18 75,352 75,065
    ATWOOD OCEANICSS - 6.50% - 02/ 27,054 26,688
    AUTONATION INC NTS - 6.750% - 22,068 23,150
    BAIDU - 2.25% - 11/28/2017 75,871 74,483
    BANK OF AMERICA - 8.125% - 04/ 22,980 22,375
    BANK OF NOVA SCOTIA NT - 2.550 47,420 46,670
    BE AEROSPACE INC - 6.875% - 10 22,356 21,950
    BERKSHIRE HATHAWAY FIN CORP - 46,334 45,434
    BLOCK FINL CORP GTD NT 5.125% 80,547 77,589
    BOTTLING GROUP - 6.950% - 03/1 50,719 45,585
    BP CAP MKTS P L C GTD SRNT - 4 88,311 83,598
    BP CAPITAL MARKETS - 3.875% - 48,821 46,814
    CANADIAN NAT RES LTD NT - 5.70 70,842 67,429
    CATERPILLAR FINL SVCS MTNS - 7 46,514 43,023
    CENTURY LINK INC - 7.375% - 06 25,781 22,250
    CF INDUSTRIES INC - 7.125% - 0 25,500 23,443
    CHESAPEAKE ENERGY CORP - 6.12 24,928 26,813
    CHRYSLER GROUP LLC / CG CO-ISS 38,031 38,675
    CITIGROUP INC - 5.375% - 08/09 70,976 73,947
    CLOUD PEAK ENERGY 8.5% 12/15/2 27,416 27,125
    COMCAST CORP 7.05 03-15-2033 26,025 24,197
    COMCAST CORP NT - 6.300% - 11/ 48,513 46,586
    COMSTOCK RES INC - 9.5% - 6/15 22,957 22,400
    CONCOPHILLIPS NOTES - 4.750% - 9,765 9,031
    CONSOL ENERGY INC - 8.000% - 0 26,481 26,344
    CONTINENTAL RES - 5.00% - 09/1 25,559 25,969
    CR AMER INC - 8.125% - 07/15/2 24,607 24,498
    CREDIT SUISSE USA INC - 4.875% 81,260 78,359
    CVS CAREMARK - 5.750% - 06/01/ 35,825 34,023
    DEERE JOHN CAP CORP - 2.250% - 71,986 69,850
    DIRECTV HLDGS LLC - 5.200% - 0 22,629 21,779
    DIRECTV HLDGS LLC / DIRECTV - 48,110 47,236
    DISNEY WALT CO - 1.100% - 12/0 47,023 46,313
    DOMTAR CORP NT - 10.750% - 06/ 39,036 37,444
    EL PASO ENERGY CORP - 7.750% - 17,598 15,226
    EL PASO ENERGY CORP - 7.80% - 5,947 5,074
    ENERGY TRANSFER EQUITY - 7.500 22,994 22,450
    ENTERPRISE PRODUCTS BD - 5.200 46,740 44,495
    EXELON CORP NT - 4.900% - 06/1 50,130 47,444
    FNMA POOL #AV1304 4% 11/1/43 148,816 144,885
    FORD MOTOR CREDIT- 7.000% - 04 83,198 80,728
    FORD MTR CO 7.45 07-16-2013 25,968 24,493
    FRONTIER COMMUNICATIONS CORP - 21,564 22,400
    GAP INC - 5.950% - 04/12/2021 28,710 27,390
    GE CAP CORP - 4.750% - 09/15/2 98,153 92,752
    GENERAL MTRS FINL CO INC - 6.7 24,008 22,800
    GEORGIA PAC CORP - 8.0% - 01/1 41,101 38,611
    GLAXOSMITHKLINE CAP - 5.650% - 72,817 69,068
    GOLDMAN SACHS GROUP INC - 5.25 78,781 82,113
    GOLDMAN SACHS GROUP INC - 5.37 47,545 50,046
    GOLDMAN SACHS GROUP INC - 6.12 47,994 50,445
    GOODYEAR TIRE & RUBBER CO 21,464 22,350
    HANESBRANDS INC - 6.375% - 12/ 26,567 27,344
    HERTZ CORP BOND - 7.375% - 01 22,362 21,950
    HEWLETT PACKARD CO GLBL NT 2.1 76,446 76,563
    HEWLETT PACKARD CO NT - 2.600% 47,785 47,754
    HORNBECK OFFSHORE SRV INC - 5. 27,016 25,813
    HUNTSMAN INTL LLC - 8.625% - 0 22,769 22,600
    INTERNATIONAL LEASE FIN CORP - 24,200 23,400
    IRON MTN INC DEL SR SB NT - 8. 12,079 11,853
    JACKSON NAT'L LIFE INS CO 499,999 503,045
    JPMORGAN CHASE & CO GLBL - 98,141 94,159
    JPMORGAN CHASE - 7.90% - 12/31 35,190 33,049
    KRAFT FOODS GROUP INC - 3.50% 45,889 43,857
    L-3 COMMUNICATIONS CORP-4.95%- 27,519 26,149
    LEAR CORP SR NT - 8.1250% - 03 24,025 23,153
    LEVI STRAUSS & CO - 6.875% 26,712 27,500
    LIBERTY MEDIA CORP 8.25 02-01- 21,292 21,300
    MEADWESTAVO CORP - 7.375% - 09 91,827 89,014
    MERRILL LYNCH MTN BE - 6.400% 81,414 86,602
    METROPCS WIRELESS INC - 6.625% 25,070 26,500
    MORGAN STANLEY - 5.50% - 01/26 75,176 84,192
    MORGAN STANLEY BD - 5.500% - 0 25,397 27,937
    MORGAN STANLEY SR NT-F - 4.750 45,113 49,109
    MOSAIC CO - 4.25% - 11/15/2023 25,104 24,690
    OFFSHORE GROUP INVT LTD - 7.5% 27,313 27,188
    ORIX CORP - 5.0% - 01/12/2016 79,960 79,806
    PEABODY ENERGY CORP SR NT 6.00 26,150 26,625
    PFIZER INC - 6.200% - 03/15/20 57,321 53,344
    PHILIPS ELECTRONICS NV - 3.750 47,674 45,024
    PLAINS EXPLORATION & PRO N 21,330 22,030
    PNC FIN SERVICES GROUP INC - 6 40,821 36,418
    REGAL ENTERTAINMENT CORP - 5.7 25,254 23,563
    REGIONS FIN CORP - 7.75% - 11/ 24,611 23,211
    REYNOLDS GROUP ISSUER LLC - 5. 26,463 25,500
    ROYAL BANK SCOTLAND - 6.40% - 83,446 86,423
    RSC EQUIPMENT RENT INC - 8.25% 22,864 22,550
    RYLAND GROUP INC - 6.625% - 05 26,853 26,438
    SCIENTIFIC GAMES INTL SR NT 9. 22,314 21,450
    SHELL INTERNATIONAL FIN - 1.90 47,049 46,720
    SPRINT CAP CORP GTD NT - 6.900 26,212 27,313
    TECK RESOURCES LTD - 6.125% - 38,739 34,501
    TEEKAY CORPORATION - 8.500% - 26,362 27,031
    TEREX CORP - 6.50% - 04/01/202 26,172 26,750
    THE ADT CORPORATION - 3.50% - 25,234 26,100
    TIME WARNER CABLE INC NOTE - 0 86,189 84,762
    TIME WARNER INC DTD - 4.875% - 45,491 43,843
    TOYOTA MTR CR CORP MTN - 1.250 45,160 44,128
    UNITED CONTINENTAL HLDS - 6.37 26,013 26,125
    UNITED PARCEL SRVC NT - 5.500% 67,549 62,915
    VALERO ENERGY CORP - 9.375% - 26,965 25,776
    VERIZON COMMUNICATIONS INC - 5 73,243 74,085
    VODAFONE GROUP PLC - 5.45% - 0 86,405 85,255
    WACHOVIA CORP NT - 5.750% - 06 47,796 45,628
    WAL MART STORES INC NT - 5.800 68,267 63,557
    WEATHERFORD INTL LTD GTD - 9.6 40,378 38,546
    WELLS FARGO & CO - 1.50% - 76,609 76,055
    WELLS FARGO & CO PERPETUAL 35,702 33,450
    WESTERN UN CO NT-5.93000%-10/0 67,784 66,682
    WESTPAC BANKING NT - 4.875% - 88,564 83,223
    WEYERHAEUSER CO DEB - 7.375% - 25,356 24,473
    WINDSTREAM CORP - 7.875% - 11/ 21,957 22,850

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN: 80-6084948
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALERIAN MLP ETF 125,120 142,320
    CALUMET SPECIALTY PRODS PARTNE 21,554 22,200
    CITIGROUP INC 8.500% 05/22/19 40,502 38,448
    CORP CAP TR INC COM BASED 700,663 715,896
    CREDIT SUISSE CUSHING 30 MLP I 167,893 183,874
    CRRNCYSHR SW FR TR 186,837 197,676
    CURRENCYSHARES EURO TRUST 189,584 198,817
    FINANCIAL SEL SPDR 124,190 134,395
    FS ENERGY AND POWER FUND 644,718 680,885
    FS INVESTMENT CORPRATION 653,760 688,069
    ISHARE FTSE EPRA/NAREIT DEV 187,207 171,736
    ISHARE SP SMALL CAP 600 INDEX 769,780 845,539
    ISHARES BARCLAYS MBS BOND FUND 361,129 348,636
    ISHARES DOW JONES US REAL ESTA 191,571 178,895
    ISHARES IBOXX $ HIGH YIELD COR 316,244 320,900
    ISHARES IBOXX $ INVESTMENT GRA 124,988 122,754
    ISHARES JP MORGAN 178,971 174,678
    ISHARES MSCI-MEXICO 154,653 151,708
    ISHARES RUSSELL 2000 187,083 202,457
    ISHARES S&P 500 INDEX FD 159,141 214,426
    ISHARES S&P U.S. PREFERRED 124,951 120,250
    ISHARES TR S&P MIDCAP 40 176,750 216,505
    ISHARES TRUST MSCI EAFE INDEX 173,699 211,298
    ISHS FTS NRT MTG PLS 123,929 103,680
    KBW REGIONAL BANKING ETF 122,831 133,160
    MARKET VECTORS HIGH YIELD MUNI 373,728 329,314
    PIMCO 0-5 YEAR H/Y CORP BOND 189,999 192,405
    PIMCO DYNAMIC CREDIT INCOME FU 500,005 449,600
    POWERSHARES BUILD AMERICA PO 124,929 113,936
    POWERSHARES DYNAMIC BUYBACK AC 448,770 512,135
    POWERSHARES EMERGING MARKETS S 155,266 152,388
    POWERSHARES QQQ NASDAQ 100 243,508 293,523
    POWERSHARES SENIOR LOAN PORT 61,975 62,200
    PRINCETON FUTURES 591,324 532,115
    SELECT SECTOR SPDR INDUSTRIAL 209,595 300,600
    SPDR BARCLAYS CAPITAL HYB ETF 174,613 179,154
    SPDR BARCLAYS CAPITAL SHORT TE 186,843 187,270
    SPDR BARCLAYS SHORT TERM HIGH 96,283 96,283
    SPDR HOMEBUILDERS ETF 133,001 165,201
    SPDR S&P 500 ETF TRUST 327,057 351,280
    SPDR S&P MIDCAP 400 EFT TR 1,658,500 1,868,374
    VANGUARD SCOTTSDALE FDS SHORT 306,818 305,318
    VANGUARD SF REIT ETF 185,052 172,569
    VANGUARD TOTAL STOCK MARKET ET 377,677 501,278
    VELOCITYSHARES DAILY INVERSE V 123,370 163,167
    WISDOMTREE CHINA YUAN FUND 189,828 185,036

    TY 2013 InvestmentsGovtObligationsSch
    Name:
    Mark Paul Terk Charitable Trust
    EIN: 80-6084948
    US Government Securities - End of Year Book Value:

    4,526,350
    US Government Securities - End of Year Fair Market Value:

    4,359,869
    State & Local Government Securities - End of Year Book Value:


    121,434
    State & Local Government Securities - End of Year Fair Market Value:


    114,224


    TY 2013 InvestmentsLandSchedule2
    Name:
    Mark Paul Terk Charitable Trust
    EIN: 80-6084948
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    HUDSON 10D 333,414   315,029  
    HUDSON 11A 549,080   518,802  
    HUDSON 11D 341,506   322,675  
    HUDSON 11G 185,914   175,662  
    HUDSON 5H 360,668   340,780  
    HUDSON 14B 192,352   181,745  
    HUDSON 15E 387,804   366,420  
    HUDSON 15H 432,928   409,056  
    HUDSON 16E 274,088   258,974  
    HUDSON 1E 283,836   268,185  
    HUDSON 5H 360,668   340,780  
    HUDSON 6B 153,936   145,447  
    HUDSON 6F 230,920   218,187  
    HUDSON 6G 169,940   160,569  
    HUDSON 8A 320,574   302,897  
    HUDSON 8D 317,408   299,906  
    HUDSON 8E 339,850   321,110  
    HUDSON 9A 328,660   310,537  
    HUDSON 9C 229,264   216,622  
    HUDSON 9D 325,380   307,438  
    HUDSON 9F 245,270   231,745  
    HUDSON 9G 179,476   169,580  
    REGO PARK A1 151,000   142,554  
    REGO PARK B16 152,000   143,498  
    REGO PARK D8 154,000   145,386  
    REGO PARK E4 151,000   142,554  
    HUDSON 8A BUYOUT 15,000   15,000  

    TY 2013 InvestmentsOtherSchedule2
    Name:
    Mark Paul Terk Charitable Trust
    EIN: 80-6084948
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CION INVESTMENT CORPORATION   701,112 703,949
    POWERSHARES DB OIL FUND   182,100 182,266

    TY 2013 LandEtcSchedule2
    Name:
    Mark Paul Terk Charitable Trust
    EIN: 80-6084948
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value


    TY 2013 LegalFeesSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN: 80-6084948
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GENERAL GOVERNANCE/COUNSEL 147,400 114,262   33,139


    TY 2013 OtherExpensesSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN: 80-6084948
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 85,000     85,000
    Bank Charges 558 558    
    K-1 Exp POWERSHARES DB OIL FUN 333 333    
    K-1 Exp POWERSHARES DB PRECIOU 101 101    
    K-1 Exp POWERSHARES DB US DOLL 892 892    
    K-1 Exp PROSHARES ULTRASHORT D 347 347    
    Postage/Delivery Service 84 84    
    INSURANCE-RENTAL RELATED 9,883 9,883    
    State or Local Filing Fees 1,790 507   1,283
    MANAGEMENT FEES/OTHER RENTAL 608,248 608,248    


    TY 2013 OtherIncomeSchedule2
    Name:
    Mark Paul Terk Charitable Trust
    EIN: 80-6084948
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss POWERSHARES DB OIL FUND 13 13  
    K-1 Inc/Loss POWERSHARES DB PRECIOUS METALS FUND 10 10  
    K-1 Inc/Loss POWERSHARES DB US DOLLAR BULLISH FUND 62 62  
    K-1 Inc/Loss PROSHARES ULTRASHORT DJ-UBS CRUDE OIL 14 14  
    Federal Tax Refund 99,022    
    Foreign Tax Refund 964 964  


    TY 2013 OtherLiabilitiesSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN: 80-6084948
    Description Beginning of Year - Book Value End of Year - Book Value
    SECURITY DEPOSITS PAYABLE TO TENANTS 22,724 22,724


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN: 80-6084948
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Appraisal Services 325 325    
    Investment Management Services 210,963 210,963    
    PAINTING AND REPAIRS 9,957 9,957    


    TY 2013 TaxesSchedule
    Name:
    Mark Paul Terk Charitable Trust
    EIN: 80-6084948
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ESTIMATED TAX FOR 2013 8,400      
    Foreign Tax Paid 1,994 1,994