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
Daelansa Foundation co Anita J Michaels
 

Number and street (or P.O. box number if mail is not delivered to street address)425 Worth Avenue No 5E   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Palm Beach, FL33480
A Employer identification number

58-1577718
B Telephone number (see instructions)

(561) 655-7722
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$1,013,525J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 5 5  
4 Dividends and interest from securities...... 23,029 22,971  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 26,961
b Gross sales price for all assets on line 6a 235,607
7 Capital gain net income (from Part IV, line 2)... 26,961
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 49,995 49,937 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 2,795 2,795 0 0
c Other professional fees (attach schedule).... Click to see attachment 6,541 6,541 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 292 292 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 9,628 9,628 0 0
25 Contributions, gifts, grants paid........ 58,875 58,875
26 Total expenses and disbursements. Add lines 24 and 25 68,503 9,628 0 58,875
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -18,508
b Net investment income (if negative, enter -0-) 40,309
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
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 8,846 8,699 8,699
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 709,896 Click to see attachment686,821 822,365
c Investments—corporate bonds (attach schedule)........ 178,264 Click to see attachment183,024 182,461
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
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) 897,006 878,544 1,013,525
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)    
23 Total liabilities (add lines 17 through 22).......... 0 0
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......... 349,082 349,082
28 Paid-in or capital surplus, or land, bldg., and equipment fund 188 188
29 Retained earnings, accumulated income, endowment, or other funds 547,736 529,274
30 Total net assets or fund balances (see page 17 of the
instructions).................... 897,006 878,544
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 897,006 878,544
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)............... 1 897,006
2 Enter amount from Part I, line 27a..................... 2 -18,508
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 46
4 Add lines 1, 2, and 3.......................... 4 878,544
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 878,544
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 JM SMUCKER CO/THE P 2013-01-24 2013-12-26
b JM SMUCKER CO/THE P 2013-01-02 2013-12-26
c INTUITIVE SURGICAL INC P 2013-07-19 2013-12-18
d INTUITIVE SURGICAL INC P 2013-05-01 2013-12-18
e INTUITIVE SURGICAL INC P 2012-12-21 2013-12-18
EVEREST RE GROUP LTD P 2012-12-28 2013-12-17
KRAFT FOODS GROUP INC-W/I P 2013-01-07 2013-11-21
ALLERGAN INC P 2013-05-01 2013-11-20
GOLDMAN SACHS GROUP INC P 2013-01-11 2013-11-19
KINDER MORGAN INC P 2013-05-20 2013-11-18
CITRIX SYSTEMS INC P 2012-11-28 2013-11-14
PRICELINE.COM INC P 2013-04-10 2013-11-06
CAPITAL ONE FINANCIAL CORP P 2013-04-03 2013-10-25
PETSMART P 2013-02-28 2013-10-25
PETSMART P 2013-01-02 2013-10-25
CAMPBELL SOUP CO P 2013-03-27 2013-10-23
EMC CORP/MASS P 2013-08-23 2013-10-22
EMC CORP/MASS P 2013-07-29 2013-10-22
KINDER MORGAN INC P 2012-10-26 2013-10-21
BOEING CO/THE P 2013-05-14 2013-10-18
KINDER MORGAN INC P 2012-10-16 2013-10-04
ABERCROMBIE & FITCH CO-CL A P 2013-07-26 2013-10-03
MONSANTO CO P 2013-02-22 2013-09-23
STERICYCLE INC P 2013-03-18 2013-09-20
DISCOVER FINANCIAL SERVICES P 2012-11-16 2013-09-19
EXXON MOBIL CORP P 2013-03-11 2013-09-12
LINKEDIN CORP - A P 2012-11-07 2013-09-09
GOLDMAN SACHS GROUP INC P 2013-01-11 2013-09-05
BANK OF AMERICA CORP P 2012-12-12 2013-09-05
FIDELITY NATIONAL FINANCIAL IN P 2012-09-25 2013-09-05
GAMESTOP CORP-CLASS A P 2013-02-06 2013-08-23
DIAMOND OFFSHORE DRILLING P 2012-11-13 2013-08-14
DIAMOND OFFSHORE DRILLING P 2012-11-08 2013-08-14
HARLEY DAVIDSON INC P 2012-10-25 2013-07-25
GENERAL ELECTRIC CO P 2012-08-16 2013-07-16
VERTEX PHARMACEUTICALS INC P 2012-11-02 2013-07-15
FISERV INC P 2013-05-22 2013-07-02
FISERV INC P 2013-01-11 2013-07-02
FISERV INC P 2012-12-24 2013-07-02
SAFEWAY INC P 2013-03-26 2013-06-20
F5 NETWORKS INC P 2013-02-21 2013-06-13
F5 NETWORKS INC P 2013-01-30 2013-06-13
IDEXX LABS CORP P 2012-08-08 2013-06-11
F5 NETWORKS INC P 2013-01-30 2013-06-06
ALTRIA GROUP INC P 2012-07-26 2013-06-06
EVEREST RE GROUP LTD P 2012-12-28 2013-05-21
JM SMUCKER CO/THE P 2013-01-02 2013-05-20
TYSON FOODS INC-CL A P 2012-10-24 2013-05-20
MEDTRONIC INC P 2012-09-26 2013-05-17
MERCK & CO. INC. P 2012-08-07 2013-05-17
TYSON FOODS INC-CL A P 2012-10-24 2013-05-15
TYSON FOODS INC-CL A P 2012-09-25 2013-05-15
US BANCORP P 2013-02-06 2013-05-14
US BANCORP P 2012-08-20 2013-05-14
US BANCORP P 2012-06-12 2013-05-14
PHILIP MORRIS INTERNATIONAL P 2012-05-21 2013-05-13
ALTRIA GROUP INC P 2012-05-21 2013-05-06
CST BRANDS INC P 2013-02-14 2013-05-03
CST BRANDS INC P 2013-01-24 2013-05-03
VISA INC - CLASS A SHRS P 2012-06-27 2013-05-03
STERICYCLE INC P 2013-03-18 2013-05-02
EATON CORP PLC P 2012-06-28 2013-05-01
TIBCO SOFTWARE INC P 2012-08-22 2013-04-26
TIBCO SOFTWARE INC P 2012-05-29 2013-04-26
INTUIT INC P 2013-02-07 2013-04-25
INTUIT INC P 2012-05-09 2013-04-25
IDEXX LABS CORP P 2012-08-08 2013-04-23
IDEXX LABS CORP P 2012-07-24 2013-04-23
PETSMART P 2013-01-02 2013-04-18
KINDER MORGAN INC P 2012-10-16 2013-04-18
MICROSOFT CORP P 2012-09-13 2013-04-18
MICROSOFT CORP P 2012-08-16 2013-04-18
EXXON MOBIL CORP P 2012-06-08 2013-04-11
ASTRAZENECA PLC-SPONS ADR P 2012-08-30 2013-04-08
IDEXX LABS CORP P 2012-07-24 2013-04-05
MONSANTO CO P 2013-02-22 2013-04-02
VISA INC - CLASS A SHRS P 2012-06-27 2013-03-27
HARRIS CORP P 2012-11-12 2013-03-26
HARRIS CORP P 2012-10-03 2013-03-26
TYSON FOODS INC-CL A P 2012-09-25 2013-03-26
F5 NETWORKS INC P 2012-05-29 2013-03-25
F5 NETWORKS INC P 2012-04-20 2013-03-25
SHERWIN-WILLIAMS CO/THE P 2012-06-01 2013-03-22
SHERWIN-WILLIAMS CO/THE P 2012-06-01 2013-03-22
ULTA SALON COSMETICS & FRAGRAN P 2012-12-13 2013-03-21
DIAMOND OFFSHORE DRILLING P 2012-11-08 2013-03-21
BECTON DICKINSON & CO P 2012-07-30 2013-03-21
AMGEN INC P 2012-05-17 2013-03-21
MCKESSON CORP P 2012-05-31 2013-03-19
MGM RESORTS INTERNATIONAL P 2012-04-11 2013-03-14
COACH INC P 2012-05-24 2013-03-08
COACH INC P 2012-04-30 2013-03-08
CHIPOTLE MEXICAN GRILL-CL A P 2012-06-15 2013-03-07
LINKEDIN CORP - A P 2012-11-07 2013-03-06
INTERCONTINENTALEXCHANGE INC P 2012-08-30 2013-03-01
DIRECTV P 2012-11-08 2013-02-26
ULTA SALON COSMETICS & FRAGRAN P 2012-12-05 2013-02-19
MARSH & MCLENNAN COS INC P 2013-01-11 2013-02-12
MARSH & MCLENNAN COS INC P 2012-12-24 2013-02-12
ASTRAZENECA PLC-SPONS ADR P 2012-03-01 2013-02-12
BB&T CORP P 2012-09-19 2013-02-06
PROCTER & GAMBLE CO P 2012-05-21 2013-02-06
MCKESSON CORP P 2012-05-31 2013-02-04
TIBCO SOFTWARE INC P 2012-05-29 2013-02-01
TIBCO SOFTWARE INC P 2012-04-10 2013-02-01
COACH INC P 2012-04-30 2013-01-31
COACH INC P 2012-04-23 2013-01-31
NV ENERGY INC P 2012-08-29 2013-01-30
STARZ-LIBERTY CAPITAL P 2012-10-25 2013-01-16
PARTNERRE LTD P 2012-11-08 2013-01-10
SHERWIN-WILLIAMS CO/THE P 2012-06-01 2013-01-10
INTL BUSINESS MACHINES CORP P 2012-05-31 2013-01-10
LIBERTY MEDIA CORP - LIBER-A P 2012-10-25 2013-01-09
UNITED TECHNOLOGIES CORP P 2012-09-07 2013-01-09
UNITED TECHNOLOGIES CORP P 2012-08-22 2013-01-09
UNITED TECHNOLOGIES CORP P 2012-08-22 2013-01-08
AB DISCOVERY GROWTH FND CL ADV P 2012-06-18 2013-01-08
AB DISCOVERY VALUE FUND CL ADV P 2012-06-18 2013-01-08
TIBCO SOFTWARE INC P 2012-03-14 2013-01-08
WELLS FARGO & COMPANY P 2012-02-13 2013-01-08
CLOROX COMPANY P 2012-08-17 2013-01-03
CLOROX COMPANY P 2012-08-07 2013-01-03
INTUITIVE SURGICAL INC P 2012-11-12 2013-12-18
EBAY INC P 2012-08-24 2013-12-18
CISCO SYSTEMS INC P 2012-04-09 2013-12-16
CISCO SYSTEMS INC P 2012-02-10 2013-12-16
CISCO SYSTEMS INC P 2012-02-08 2013-12-16
INTL BUSINESS MACHINES CORP P 2012-08-16 2013-12-13
INTL BUSINESS MACHINES CORP P 2012-05-31 2013-12-13
WELLPOINT INC P 2012-05-17 2013-12-09
WELLPOINT INC P 2011-08-12 2013-12-09
WELLPOINT INC P 2011-05-02 2013-12-09
BIOGEN IDEC INC P 2012-08-30 2013-11-26
AMAZON.COM INC P 2012-10-26 2013-11-21
KRAFT FOODS GROUP INC-W/I P 2012-10-08 2013-11-21
KRAFT FOODS GROUP INC-W/I P 2012-08-21 2013-11-21
AMAZON.COM INC P 2012-10-26 2013-11-20
THE WALT DISNEY CO. P 2011-09-13 2013-11-19
NOBLE ENERGY INC P 2010-09-20 2013-11-19
KINDER MORGAN INC P 2012-11-12 2013-11-18
CISCO SYSTEMS INC P 2012-02-08 2013-11-18
VIACOM INC-CLASS B P 2011-06-01 2013-11-18
CITRIX SYSTEMS INC P 2012-10-11 2013-11-14
CITRIX SYSTEMS INC P 2011-09-02 2013-11-14
WELLPOINT INC P 2011-05-02 2013-11-06
WELLPOINT INC P 2011-04-27 2013-11-06
WELLPOINT INC P 2011-04-25 2013-11-06
WELLPOINT INC P 2011-03-14 2013-11-06
CHIPOTLE MEXICAN GRILL-CL A P 2012-06-15 2013-11-05
CIT GROUP INC P 2011-11-29 2013-11-01
LYONDELLBASELL INDU-CL A P 2011-10-03 2013-11-01
FIDELITY NATIONAL FINANCIAL IN P 2012-09-25 2013-10-24
OVERLAY A PORTFOLIO CLASS 1 P 2010-06-23 2013-10-24
BERNSTEIN INTERMEDIATE DURATION PORTFOLIO P 2009-11-17 2013-10-24
MCDONALD'S CORP P 2012-06-15 2013-10-23
KINDER MORGAN INC P 2012-10-16 2013-10-21
EBAY INC P 2012-08-24 2013-10-16
COGNIZANT TECH SOLUTIONS-A P 2012-04-11 2013-10-15
MACY'S INC P 2012-07-24 2013-10-14
DELTA AIR LINES INC P 2012-08-17 2013-10-11
DELTA AIR LINES INC P 2012-08-17 2013-10-10
DELTA AIR LINES INC P 2011-02-11 2013-10-10
INTERCONTINENTALEXCHANGE INC P 2012-08-30 2013-10-09
EOG RESOURCES INC P 2011-07-26 2013-10-04
PRECISION CASTPARTS CORP P 2011-08-04 2013-10-02
PRECISION CASTPARTS CORP P 2011-06-30 2013-10-02
WAL-MART STORES INC P 2012-05-21 2013-09-17
THE WALT DISNEY CO. P 2011-09-13 2013-09-10
THE WALT DISNEY CO. P 2011-05-31 2013-09-10
BIOGEN IDEC INC P 2012-08-30 2013-09-05
KRAFT FOODS GROUP INC-W/I P 2012-08-21 2013-09-05
KRAFT FOODS GROUP INC-W/I P 2012-08-02 2013-09-05
TIME WARNER INC P 2012-08-02 2013-09-05
AB DISCOVERY GROWTH FND CL ADV P 2012-06-18 2013-09-05
AB DISCOVERY VALUE FUND CL ADV P 2012-06-18 2013-09-05
JPMORGAN CHASE & CO P 2012-03-26 2013-09-05
EOG RESOURCES INC P 2011-07-22 2013-09-05
APPLE INC P 2009-04-22 2013-09-05
CHEVRON CORP P 2012-06-08 2013-08-23
THE WALT DISNEY CO. P 2011-05-31 2013-08-21
TIME WARNER CABLE P 2011-11-10 2013-08-16
BERKSHIRE HATHAWAY INC-CL B P 2012-07-17 2013-08-12
PRECISION CASTPARTS CORP P 2011-06-30 2013-08-09
APPLIED MATERIALS INC P 2012-02-03 2013-08-08
APPLIED MATERIALS INC P 2011-12-22 2013-08-08
APPLIED MATERIALS INC P 2011-11-23 2013-08-08
APPLIED MATERIALS INC P 2011-10-12 2013-08-08
NATIONAL - OILWELL INC P 2012-06-21 2013-07-26
NATIONAL - OILWELL INC P 2012-03-28 2013-07-26
DELTA AIR LINES INC P 2011-02-11 2013-07-26
HARLEY DAVIDSON INC P 2011-11-01 2013-07-25
OVERLAY A PORTFOLIO CLASS 1 P 2010-06-23 2013-07-25
BERNSTEIN INTERMEDIATE DURATION PORTFOLIO P 2009-11-17 2013-07-25
TIME WARNER CABLE P 2011-11-10 2013-07-23
TIME WARNER CABLE P 2009-11-18 2013-07-23
TIME WARNER CABLE P 2009-11-18 2013-07-23
TIME WARNER CABLE P 2009-11-18 2013-07-23
EXXON MOBIL CORP P 2012-06-08 2013-07-16
GENERAL ELECTRIC CO P 2011-12-22 2013-07-16
HARLEY DAVIDSON INC P 2011-11-01 2013-07-05
HARLEY DAVIDSON INC P 2011-10-25 2013-07-05
CITRIX SYSTEMS INC P 2011-05-27 2013-07-02
CITRIX SYSTEMS INC P 2011-01-06 2013-07-02
GENERAL ELECTRIC CO P 2011-12-22 2013-06-17
APPLE INC P 2009-04-22 2013-06-17
F5 NETWORKS INC P 2012-05-29 2013-06-06
ALTRIA GROUP INC P 2012-05-21 2013-06-06
HARLEY DAVIDSON INC P 2011-10-25 2013-06-06
KROGER CO P 2010-11-22 2013-06-06
NATIONAL - OILWELL INC P 2012-03-28 2013-06-04
OVERLAY A PORTFOLIO CLASS 1 P 2010-06-23 2013-05-24
MICRON TECHNOLOGY INC P 2011-10-24 2013-05-22
PRECISION CASTPARTS CORP P 2011-06-30 2013-05-17
UNITEDHEALTH GROUP INC P 2012-04-13 2013-05-15
UNITEDHEALTH GROUP INC P 2011-10-06 2013-05-15
JPMORGAN CHASE & CO P 2012-03-26 2013-05-13
JPMORGAN CHASE & CO P 2012-03-20 2013-05-13
APPLIED MATERIALS INC P 2011-10-12 2013-05-07
APPLIED MATERIALS INC P 2011-10-06 2013-05-07
ALTRIA GROUP INC P 2011-10-11 2013-05-06
ALTRIA GROUP INC P 2011-03-25 2013-05-06
KROGER CO P 2010-11-22 2013-05-06
PFIZER INC P 2009-08-17 2013-05-03
NATIONAL - OILWELL INC P 2012-03-28 2013-05-01
NATIONAL - OILWELL INC P 2012-02-16 2013-05-01
SCHLUMBERGER LTD P 2010-04-01 2013-05-01
SCHLUMBERGER LTD P 2009-11-18 2013-05-01
INTUIT INC P 2011-08-26 2013-04-25
INTUIT INC P 2011-03-08 2013-04-25
INTUIT INC P 2011-02-22 2013-04-25
OVERLAY A PORTFOLIO CLASS 1 P 2010-06-23 2013-04-24
BERNSTEIN INTERMEDIATE DURATION PORTFOLIO P 2009-11-17 2013-04-24
STARBUCKS CORP P 2010-11-01 2013-04-23
UNITEDHEALTH GROUP INC P 2011-10-06 2013-04-18
UNITEDHEALTH GROUP INC P 2011-08-11 2013-04-18
ALTRIA GROUP INC P 2011-03-25 2013-04-18
WELLPOINT INC P 2011-03-14 2013-04-18
KROGER CO P 2010-11-22 2013-04-18
JOHNSON & JOHNSON P 2010-07-22 2013-04-18
JOHNSON & JOHNSON P 2010-07-08 2013-04-18
HEWLETT-PACKARD CO P 2010-05-25 2013-04-18
PFIZER INC P 2009-08-17 2013-04-18
PFIZER INC P 2009-06-15 2013-04-18
NOBLE ENERGY INC P 2010-09-20 2013-04-08
WELLS FARGO & COMPANY P 2012-02-15 2013-04-05
WELLS FARGO & COMPANY P 2012-02-13 2013-04-05
MICRON TECHNOLOGY INC P 2011-10-24 2013-04-05
MICRON TECHNOLOGY INC P 2011-10-18 2013-04-05
GOOGLE INC-CL A P 2009-11-18 2013-04-04
CISCO SYSTEMS INC P 2011-12-22 2013-04-02
TYSON FOODS INC-CL A P 2011-06-23 2013-03-26
LORILLARD INC P 2011-10-28 2013-03-21
LORILLARD INC P 2011-10-10 2013-03-21
LORILLARD INC P 2011-08-10 2013-03-21
CITIGROUP INC P 2011-05-17 2013-03-21
CITIGROUP INC P 2011-05-05 2013-03-21
CITIGROUP INC P 2011-05-02 2013-03-21
CITIGROUP INC P 2011-05-02 2013-03-21
HEWLETT-PACKARD CO P 2010-05-25 2013-03-15
HEWLETT-PACKARD CO P 2008-06-09 2013-03-15
HEWLETT-PACKARD CO P 2008-04-23 2013-03-15
MGM RESORTS INTERNATIONAL P 2012-02-29 2013-03-14
MGM RESORTS INTERNATIONAL P 2012-01-03 2013-03-14
LORILLARD INC P 2011-08-10 2013-03-04
MGM RESORTS INTERNATIONAL P 2012-01-03 2013-02-25
MGM RESORTS INTERNATIONAL P 2012-01-03 2013-02-25
BP PLC-SPONS ADR P 2011-10-25 2013-02-13
BP PLC-SPONS ADR P 2011-10-07 2013-02-13
BP PLC-SPONS ADR P 2011-09-19 2013-02-13
ASTRAZENECA PLC-SPONS ADR P 2011-08-12 2013-02-12
ASTRAZENECA PLC-SPONS ADR P 2010-12-01 2013-02-12
UNITEDHEALTH GROUP INC P 2011-08-11 2013-02-07
AT&T INC P 2011-04-21 2013-02-06
ASTRAZENECA PLC-SPONS ADR P 2010-12-01 2013-01-31
ASTRAZENECA PLC-SPONS ADR P 2010-11-23 2013-01-31
ASTRAZENECA PLC-SPONS ADR P 2010-05-25 2013-01-31
NV ENERGY INC P 2011-10-05 2013-01-30
NV ENERGY INC P 2011-08-16 2013-01-30
OVERLAY A PORTFOLIO CLASS 1 P 2010-06-23 2013-01-29
BERNSTEIN INTERMEDIATE DURATION PORTFOLIO P 2009-11-17 2013-01-29
CITRIX SYSTEMS INC P 2011-01-06 2013-01-24
CITRIX SYSTEMS INC P 2010-12-02 2013-01-24
CITRIX SYSTEMS INC P 2010-10-25 2013-01-24
UNITEDHEALTH GROUP INC P 2011-08-11 2013-01-23
UNITEDHEALTH GROUP INC P 2011-08-08 2013-01-23
DELTA AIR LINES INC P 2011-02-11 2013-01-23
OVERLAY A PORTFOLIO CLASS 1 P 2010-06-23 2013-01-23
APPLE INC P 2009-04-22 2013-01-11
ALTRIA GROUP INC P 2011-03-25 2013-01-10
ALTRIA GROUP INC P 2011-03-24 2013-01-10
CIT GROUP INC P 2011-11-29 2013-01-08
BP PLC-SPONS ADR P 2011-09-19 2013-01-08
BP PLC-SPONS ADR P 2011-08-12 2013-01-08
CITIGROUP INC P 2011-04-19 2013-01-08
OVERLAY A PORTFOLIO CLASS 1 P 2010-06-23 2013-01-08
ASTRAZENECA PLC-SPONS ADR P 2010-05-25 2013-01-08
ASTRAZENECA PLC-SPONS ADR P 2010-05-17 2013-01-08
SCHLUMBERGER LTD P 2009-11-18 2013-01-08
BERNSTEIN INTERNATIONAL PORTFOLIO P 2009-11-17 2013-01-08
PFIZER INC P 2009-06-15 2013-01-08
UNITEDHEALTH GROUP INC P 2011-08-08 2013-01-07
WELLPOINT INC P 2011-03-14 2013-01-07
GOOGLE INC-CL A P 2009-11-18 2013-01-07
TIME WARNER CABLE P 2009-11-18 2013-01-07
CST BRANDS INC P 2001-01-01 2013-05-10
(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 1,028   901 127
b 1,234   1,065 169
c 1,076   1,134 -58
d 359   491 -132
e 359   500 -141
591   437 154
1,312   1,146 166
985   995 -10
2,343   1,913 430
178   204 -26
828   895 -67
1,062   719 343
705   542 163
655   581 74
582   551 31
2,349   2,445 -96
1,568   1,715 -147
2,051   2,228 -177
708   694 14
1,220   953 267
710   710 0
1,595   2,189 -594
1,483   1,385 98
1,860   1,620 240
3,432   2,537 895
3,084   3,121 -37
498   202 296
629   547 82
722   531 191
611   531 80
1,797   876 921
1,681   1,606 75
1,009   989 20
565   466 99
704   629 75
516   269 247
873   896 -23
960   911 49
1,222   1,114 108
1,508   1,693 -185
673   896 -223
299   421 -122
934   985 -51
79   105 -26
356   357 -1
1,050   875 175
817   710 107
624   408 216
1,486   1,303 183
911   889 22
125   82 43
626   401 225
845   838 7
1,013   992 21
1,520   1,372 148
1,412   1,267 145
542   474 68
59   82 -23
178   198 -20
541   369 172
539   506 33
1,191   748 443
389   577 -188
292   416 -124
561   625 -64
841   843 -2
348   358 -10
521   523 -2
524   551 -27
567   532 35
431   461 -30
144   152 -8
1,330   1,202 128
1,512   1,410 102
806   785 21
518   495 23
507   369 138
449   481 -32
1,123   1,287 -164
121   80 41
350   436 -86
525   799 -274
168   125 43
1,513   1,125 388
777   946 -169
684   659 25
920   758 162
1,034   785 249
1,376   1,139 237
665   680 -15
487   688 -201
487   731 -244
653   802 -149
523   304 219
769   678 91
1,060   1,091 -31
768   900 -132
533   529 4
1,244   1,219 25
473   453 20
2,004   2,187 -183
905   759 146
1,027   876 151
238   277 -39
357   487 -130
153   219 -66
357   522 -165
945   884 61
189   153 36
665   645 20
1,136   875 261
1,344   1,355 -11
606   557 49
845   794 51
592   556 36
587   556 31
600   546 54
700   627 73
547   747 -200
520   460 60
518   505 13
1,701   1,631 70
1,793   2,664 -871
524   472 52
408   402 6
714   700 14
306   303 3
346   399 -53
1,385   1,549 -164
1,830   1,318 512
915   609 306
457   387 70
1,159   583 576
732   471 261
1,154   1,042 112
157   128 29
732   471 261
692   313 379
582   299 283
535   489 46
849   807 42
1,197   762 435
552   674 -122
552   574 -22
438   387 51
1,752   1,494 258
876   721 155
438   336 102
541   401 140
1,200   791 409
740   96 644
1,490   1,168 322
185   155 30
209   205 4
565   543 22
708   710 -2
537   472 65
1,309   1,136 173
1,489   1,197 292
732   274 458
491   182 309
245   119 126
567   407 160
867   533 334
686   456 230
229   164 65
752   629 123
313   156 157
313   208 105
1,368   875 493
106   85 21
425   336 89
616   405 211
1,150   859 291
850   643 207
522   459 63
645   424 221
495   123 372
833   701 132
615   416 199
990   540 450
586   423 163
658   493 165
785   642 143
785   523 262
785   518 267
392   284 108
1,071   995 76
143   155 -12
547   298 249
452   306 146
176   155 21
199   197 2
117   60 57
234   84 150
1,054   378 676
468   168 300
2,792   2,405 387
1,644   1,267 377
387   267 120
276   191 85
308   436 -128
308   344 -36
594   453 141
867   246 621
472   654 -182
535   474 61
537   383 154
1,156   808 348
558   621 -63
1,500   1,323 177
1,513   752 761
636   493 143
493   465 28
862   623 239
248   229 19
495   452 43
592   454 138
518   373 145
542   417 125
903   650 253
691   462 229
724   394 330
325   388 -63
325   419 -94
737   646 91
368   334 34
561   463 98
561   523 38
561   528 33
178   162 16
205   194 11
593   287 306
60   44 16
418   300 118
518   390 128
672   672 0
670   462 208
83   57 26
749   549 200
503   1,128 -625
458   236 222
305   145 160
685   449 236
257   212 45
294   245 49
187   111 76
655   397 258
794   575 219
530   454 76
846   649 197
599   573 26
1,077   1,066 11
319   268 51
920   827 93
460   449 11
460   455 5
230   227 3
308   632 -324
44   95 -51
198   432 -234
466   485 -19
333   273 60
958   837 121
1,124   984 140
624   547 77
1,061   1,091 -30
1,911   1,668 243
1,486   1,348 138
710   677 33
237   237 0
570   428 142
884   767 117
242   237 5
725   720 5
2,174   1,829 345
756   569 187
567   436 131
170   160 10
209   199 10
349   344 5
349   348 1
349   304 45
446   343 103
111   85 26
555   477 78
2,875   2,725 150
522   123 399
816   650 166
652   516 136
597   475 122
217   193 24
433   397 36
635   691 -56
1,975   1,912 63
241   203 38
241   210 31
722   667 55
9,705   10,902 -1,197
651   363 288
936   768 168
597   672 -75
737   575 162
486   210 276
28     28
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       127
b       169
c       -58
d       -132
e       -141
      154
      166
      -10
      430
      -26
      -67
      343
      163
      74
      31
      -96
      -147
      -177
      14
      267
      0
      -594
      98
      240
      895
      -37
      296
      82
      191
      80
      921
      75
      20
      99
      75
      247
      -23
      49
      108
      -185
      -223
      -122
      -51
      -26
      -1
      175
      107
      216
      183
      22
      43
      225
      7
      21
      148
      145
      68
      -23
      -20
      172
      33
      443
      -188
      -124
      -64
      -2
      -10
      -2
      -27
      35
      -30
      -8
      128
      102
      21
      23
      138
      -32
      -164
      41
      -86
      -274
      43
      388
      -169
      25
      162
      249
      237
      -15
      -201
      -244
      -149
      219
      91
      -31
      -132
      4
      25
      20
      -183
      146
      151
      -39
      -130
      -66
      -165
      61
      36
      20
      261
      -11
      49
      51
      36
      31
      54
      73
      -200
      60
      13
      70
      -871
      52
      6
      14
      3
      -53
      -164
      512
      306
      70
      576
      261
      112
      29
      261
      379
      283
      46
      42
      435
      -122
      -22
      51
      258
      155
      102
      140
      409
      644
      322
      30
      4
      22
      -2
      65
      173
      292
      458
      309
      126
      160
      334
      230
      65
      123
      157
      105
      493
      21
      89
      211
      291
      207
      63
      221
      372
      132
      199
      450
      163
      165
      143
      262
      267
      108
      76
      -12
      249
      146
      21
      2
      57
      150
      676
      300
      387
      377
      120
      85
      -128
      -36
      141
      621
      -182
      61
      154
      348
      -63
      177
      761
      143
      28
      239
      19
      43
      138
      145
      125
      253
      229
      330
      -63
      -94
      91
      34
      98
      38
      33
      16
      11
      306
      16
      118
      128
      0
      208
      26
      200
      -625
      222
      160
      236
      45
      49
      76
      258
      219
      76
      197
      26
      11
      51
      93
      11
      5
      3
      -324
      -51
      -234
      -19
      60
      121
      140
      77
      -30
      243
      138
      33
      0
      142
      117
      5
      5
      345
      187
      131
      10
      10
      5
      1
      45
      103
      26
      78
      150
      399
      166
      136
      122
      24
      36
      -56
      63
      38
      31
      55
      -1,197
      288
      168
      -75
      162
      276
      28
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 26,961
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 52,198 895,064 0.058318
2011 57,983 953,582 0.060805
2010 106,487 1,158,783 0.091896
2009 89,526 1,841,359 0.048620
2008 108,918 2,086,469 0.052202
2 Total of line 1, column (d) ...................... 2 0.311841
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 0.062368
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 943,653
5 Multiply line 4 by line 3....................... 5 58,854
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 403
7 Add lines 5 and 6......................... 7 59,257
8 Enter qualifying distributions from Part XII, line 4.............. 8 58,875
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 1 806
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 806
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- ..... 5 806
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 320
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.............. 7 320
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 9 486
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletFL, TN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletAnita Hamilton Michaels Telephone no.bullet (561) 655-7722
    Located atbullet425 Worth Avenue 5EPalm BeachFL ZIP+4bullet33480
    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
     
    No
    .........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
    Anita J Hamilton Michaels Chairman Trustee
    1.00     		0 0 0
    425 Worth Avenue
    Palm Beach,FL33408
    Frank T Hamilton Secretary Trustee
    1.00     		0 0 0
    425 Worth Avenue
    Palm Beach,FL33408
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    47,183
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    806
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    806
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    46,377
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    46,377
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    46,377
    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 46,377
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008....... 5,332
    b From 2009....... 42,989
    c From 2010....... 49,388
    d From 2011....... 11,338
    e From 2012....... 8,049
    fTotal of lines 3a through e......... 117,096
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 58,875
    a Applied to 2012, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2013 distributable amount..... 46,377
    e Remaining amount distributed out of corpus 12,498
    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 5 129,594
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		5,332
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		124,262
    10 Analysis of line 9:
    a Excess from 2009.... 42,989
    b Excess from 2010.... 49,388
    c Excess from 2011.... 11,338
    d Excess from 2012.... 8,049
    e Excess from 2013.... 12,498
    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
    Town of Palm Beach United Way
    44 Cocoanut Row
    Palm Beach,FL334804069     		  501(c)(3) Exempt Org Use for their stated purpose.Use for their stated purposeUse for their stated purpose. 15,000
    Hospice Foundation of Palm Beach
    300 Northpoint Parkway
    West Palm Beach,FL33407     		  501(c)(3) Exempt Org Use for their stated purpose 17,500
    Brigham & Womens Hospital Ponton Fund
    116 Huntington Avenue
    Boston,MA02116     		  501(c)(3) Exempt Org Use for their stated purpose. 2,875
    Girls Preparatory School
    205 Island Avenue
    Chattanooga,TN37405     		  501(c)(3) Exempt Org Use for their stated purpose. 20,000
    Bath & Tennis Club Historic Building Preservation Foundation Inc
    1170 S Ocean Blvd
    Palm Beach,FL33480     		  501(c)(3) Exempt Org Use for their stated purpose. 3,500
    Total .................................bullet 3a 58,875
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 5  
    4 Dividends and interest from securities....     14 23,029  
    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 26,961  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 49,995 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    1349,995
    (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:
    Daelansa Foundation co Anita J Michaels
    EIN: 58-1577718
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Mitchell L. Stump, CPA, PA 2,795 2,795 0 0

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    Daelansa Foundation co Anita J Michaels
    EIN: 58-1577718
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Fixed Income Taxable Intermediate Duration 183,024 182,461

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    Daelansa Foundation co Anita J Michaels
    EIN: 58-1577718
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Bernstein Dynamic Asset Allocation Overlay 268,539 312,705
    Bernstein Emerging Market Fund 29,292 27,740
    Bernstein International Portfolio 119,408 129,976
    Bernstein Strategic Equities 269,582 351,944

    TY 2013 OtherExpensesSchedule
    Name:
    Daelansa Foundation co Anita J Michaels
    EIN: 58-1577718
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign Withholding 292 292 0 0


    TY 2013 OtherIncreasesSchedule
    Name:
    Daelansa Foundation co Anita J Michaels
    EIN: 58-1577718
    Description Amount
    Reconciling Differences 46


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    Daelansa Foundation co Anita J Michaels
    EIN: 58-1577718
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment-Management Fee 6,541 6,541 0 0