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
FREAS FOUNDATION MAN AGY 1871001360
 

Number and street (or P.O. box number if mail is not delivered to street address)1340 BROADCASTING ROAD SUITE 100   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WYOMISSING, PA19610
A Employer identification number

22-1714810
B Telephone number (see instructions)

(215) 412-8572
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$3,969,908J 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 153 153 153
4 Dividends and interest from securities...... 81,547 82,433 73,794
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 193,841
b Gross sales price for all assets on line 6a 982,978
7 Capital gain net income (from Part IV, line 2)... 193,841
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 449    
12 Total. Add lines 1 through 11........ 275,990 276,427 73,947
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... 500      
c Other professional fees (attach schedule).... 15,014 15,014 15,014 0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions) 490 490   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... 447   447  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 16,451 15,504 15,461 0
25 Contributions, gifts, grants paid........ 170,676 170,676
26 Total expenses and disbursements. Add lines 24 and 25 187,127 15,504 15,461 170,676
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 88,863
b Net investment income (if negative, enter -0-) 260,923
c Adjusted net income (if negative, enter -0-)... 58,486
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............... 7,681 26 26
2 Savings and temporary cash investments.......... 73,088 72,306 72,306
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges........... 111 262 262
10a Investments—U.S. and state government obligations (attach schedule) 577,662 Click to see attachment645,628 643,599
b Investments—corporate stock (attach schedule)........ 1,297,861 Click to see attachment1,292,803 1,949,308
c Investments—corporate bonds (attach schedule)........ 389,005 Click to see attachment475,460 470,367
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 671,774 Click to see attachment619,557 834,040
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) 3,017,182 3,106,042 3,969,908
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
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......... 3,017,182 3,106,042
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 3,017,182 3,106,042
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 3,017,182 3,106,042
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 3,017,182
2 Enter amount from Part I, line 27a..................... 2 88,863
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 3,106,045
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 3
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 3,106,042
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 50. AT&T INC COM   2012-11-02 2013-05-08
b 250. AT&T INC COM   2011-03-15 2013-05-08
c 75. AT&T INC COM   2011-03-15 2013-05-23
d 100. AT&T INC COM   2010-11-29 2013-09-23
e 20. AT&T INC COM   2010-11-29 2013-10-21
120. AT&T INC COM   2010-11-29 2013-12-10
15. ADVANCE AUTO PARTS INC   2011-09-20 2013-10-21
50. AMERICAN FINCL GROUP INC COM   2010-09-13 2013-10-21
65. AMETEK INC COM   2010-09-13 2013-10-21
30. AMGEN INC COM   2009-06-09 2013-10-21
4. APPLE INC COM   2013-04-18 2013-10-21
25. APTARGROUP INC COM   2011-12-05 2013-10-21
319.841 ARTISAN INTERNATIONAL FD-INV   2012-11-08 2013-06-19
561.997 ARTISAN INTERNATIONAL FD-INV   2012-11-08 2013-10-21
130. BMC SOFTWARE INC COM   2010-09-13 2013-05-13
45. BALL CORP   2012-11-26 2013-10-21
30. BAXTER INTL INC COM   2011-07-05 2013-10-21
20000. JP MORGAN CHASE & CO (FORMERLY BEAR STEARNS CO INC) DTD 01/29/2   2010-12-02 2013-01-24
60. BOB EVANS FARMS COM   2010-09-13 2013-04-01
165. BOB EVANS FARMS COM   2010-09-13 2013-06-25
40. BROADRIDGE FINL SOL LLC COM   2010-09-13 2013-10-21
30. C. H. ROBINSON WORLDWIDE INC COM   2011-04-07 2013-10-21
55. CADENCE DESIGN SYSTEMS, INC COM   2012-11-28 2013-10-21
15. CARTER'S INC COM   2012-09-05 2013-10-21
35. CHARLES RIVER LABS INTL INC COM   2012-04-10 2013-10-21
155. CHEVRONTEXACO CORP COM   2009-06-06 2013-05-23
15. CHEVRONTEXACO CORP COM   2009-06-06 2013-10-21
30. CHURCH AND DWIGHT CO INC COM   2011-05-05 2013-10-21
85. CISCO SYSTEMS INC COM   2013-03-13 2013-10-21
30. COLGATE PALMOLIVE CO COM   2013-05-23 2013-10-21
15. COMMERCE BANCSHARES INC COM   2013-09-25 2013-10-21
.4 COMMERCE BANCSHARES INC COM   2013-09-25 2013-12-16
445.904 CONESTOGA SMALL CAP FUND   2010-08-02 2013-06-19
888.653 CONESTOGA SMALL CAP FUND   2010-08-02 2013-10-21
10. COOPER COS INC/THE COM   2012-09-05 2013-05-22
75. COOPER COS INC/THE COM   2011-12-21 2013-05-22
60. COPART INC COM   2010-09-13 2013-02-25
145. COPART INC COM   2010-09-13 2013-04-01
30. CORELOGIC INC COM   2012-11-28 2013-10-21
95. CUBIC CORP COM   2010-09-13 2013-04-01
140. CUBIST PHARMACEUTICALS INC COM   2012-09-05 2013-09-25
520. DARDEN RESTAURANTS INC COM   2010-11-29 2013-03-13
40. DELUXE CORPORATION COM   2013-04-01 2013-10-21
260. DIAMOND OFFSHORE DRILLING COM   2011-07-05 2013-02-25
80. DISCOVER FINANCIAL SERVICES COM   2011-07-05 2013-10-21
85. EXXON MOBIL CORPORATION COM   1983-12-22 2013-05-23
15. EXXON MOBIL CORPORATION COM   1983-12-22 2013-10-21
25. FACTSET RESEARCH SYSTEMS INC COM   2010-09-13 2013-10-21
15000. FHLMC NOTE DTD 10/21/2005 4.75% 11/17/20   2013-06-21 2013-12-23
5000. FHLMC NOTE DTD 10/21/2005 4.75% 11/17/20   2013-11-01 2013-12-23
25000. FHLMC NOTE DTD 10/21/2005 4.75% 11/17/20   2010-12-02 2013-12-23
30000. FHLMC NOTE DTD 12/16/2011 .625% 12/29/20   2012-02-27 2013-04-30
30000. FHLMC NOTE DTD 01/13/2012 2.375% 01/13/2   2012-02-14 2013-01-29
25000. FNMA FANNIE MAE 2.625% 11/20/2014   2010-12-02 2013-01-29
40. FLOWSERVE CORPORATION COM   2012-08-27 2013-05-08
65. FLOWSERVE CORPORATION COM   2012-08-27 2013-09-23
15. FLOWSERVE CORPORATION COM   2012-08-27 2013-10-21
445. FLOWSERVE CORPORATION COM   2012-08-27 2013-12-02
215. FULTON FINANCIAL CORP COM   2011-12-21 2013-02-25
450. FULTON FINANCIAL CORP COM   2011-12-21 2013-09-25
30. ARTHUR J GALLAGHER & CO COM   2013-05-13 2013-10-21
50. GENERAL MILLS INC COM   2011-03-15 2013-02-25
175. GENERAL MILLS INC COM   2012-11-26 2013-02-25
600. GENERAL MILLS INC COM   2010-11-29 2013-03-13
721.625 GOLDMAN SACHS SATELLITE STRATEGIES   2010-11-01 2013-10-21
20. HANESBRANDS INC COM   2013-06-25 2013-10-21
20. HARRIS CORPORATION COM   2013-09-25 2013-10-21
452.03 HENDERSON INTERNATIONAL OPPORTUNITIES FU   2012-11-08 2013-06-19
862.343 HENDERSON INTERNATIONAL OPPORTUNITIES FU   2012-11-08 2013-10-21
50. HORMEL FOODS CORP COM   2010-09-13 2013-02-25
30. HORMEL FOODS CORP COM   2010-09-13 2013-10-21
15. HUBBELL INC CL B COM   2010-09-13 2013-10-21
80. INTEL CORP COM   2012-02-08 2013-10-21
15. INTERNATIONAL BUS MACHS CORP COM   2002-02-22 2013-10-21
220. JOHNSON & JOHNSON COM   2004-04-15 2013-03-13
30. J2 GLOBAL INC   2010-09-13 2013-10-21
10. L-3 COMMUNICATIONS HOLDINGS COM   2013-04-01 2013-10-21
5. L-3 COMMUNICATIONS HOLDINGS COM   2010-09-13 2013-10-21
10. LABORATORY CRP OF AMER HLDGS COM   2013-05-23 2013-10-21
40. MACYS INC   2013-05-08 2013-10-21
25. MARSH & MCLENNAN CO COM   2012-08-27 2013-10-21
60. MARSH & MCLENNAN CO COM   2012-11-02 2013-10-21
30. MATTEL INC COM   2013-05-23 2013-10-21
195. MCCORMICK & COMPANY INC NON VTG SHS COM   2011-03-15 2013-02-25
155. MCCORMICK & COMPANY INC NON VTG SHS COM   2011-04-07 2013-03-13
5. MCCORMICK & COMPANY INC NON VTG SHS COM   2011-04-07 2013-10-21
950. MCGRAW HILL COS INC COM   2010-11-29 2013-04-18
30. MCKESSON HBOC INC COM   2011-04-07 2013-10-21
115. MICROSOFT CORP COM   2010-11-29 2013-10-21
70. MINERALS TECHNOLOGIES INC COM   2012-09-05 2013-04-01
20. MINERALS TECHNOLOGIES INC COM   2013-09-25 2013-10-21
35. MINERALS TECHNOLOGIES INC COM   2012-09-05 2013-12-02
35. MINERALS TECHNOLOGIES INC COM   2013-09-25 2013-12-02
10. OCEANEERING INTL INC COM   2012-11-28 2013-10-21
30. OMNICARE INC COM   2012-04-10 2013-10-21
100. ORACLE CORP COM   2011-04-07 2013-10-21
5. PANERA BREAD COMPANY CL A COM   2010-09-13 2013-10-21
220. PARKER-HANNIFIN CORP. COM   2012-05-29 2013-02-25
40. PEPSICO INC COM   2012-05-29 2013-10-21
15. PERRIGO CO COM   2010-09-13 2013-10-21
95. PERRIGO CO COM   2010-09-13 2013-12-19
1510. PFIZER INC COM   2010-11-29 2013-05-08
150. QUALCOMM INC COM   2011-04-07 2013-05-23
10. QUALCOMM INC COM   2011-04-07 2013-10-21
175. RAYONIER INC COM   2012-04-10 2013-09-25
35. RAYONIER INC COM   2013-05-13 2013-09-25
30. RAYTHEON CO COM NEW   2012-08-27 2013-10-21
5. RAYTHEON CO COM NEW   2012-11-02 2013-10-21
10. REINSURANCE GROUP OF AMER, INC. COM   2013-09-25 2013-10-21
187. ROLLINS INC COM   2010-09-13 2013-09-25
30. ROSS STORES COM   2010-09-13 2013-10-21
75. TJX COMPANIES INC COM   2011-04-08 2013-10-21
20. TORCHMARK CORP. COM   2013-05-23 2013-10-21
40. TORO CO COM   2010-09-13 2013-10-21
20. TUPPERWARE BRANDS CORP COM   2010-09-13 2013-10-21
20. UGI CORP COM   2013-04-01 2013-10-21
45. U.S. BANCORP COM   2013-05-23 2013-10-21
10. UNION PACIFIC CORP COM   2013-02-25 2013-10-21
15000. US TREASURY NOTE DTD 03/31/2010 2.5% 03/   2011-04-15 2013-09-25
20000. US TREASURY NOTE DTD 04/30/2010 2.5% 04/   2010-12-02 2013-09-25
5000. US TREASURY NOTE DTD 04/30/2010 2.5% 04/   2013-06-21 2013-09-25
15000. US TREASURY NOTE DTD 06/30/2011 2.375% 0   2011-07-01 2013-06-25
5000. US TREASURY NOTE DTD 06/30/2011 2.375% 0   2012-07-10 2013-06-25
35000. US TREASURY NOTE DTD 09/30/2011 1% 09/30   2013-01-29 2013-12-23
30. UNITED TECHNOLOGIES CORP COM   2011-03-15 2013-10-21
15. UNITED THERAPEUTICS CORP COM   2013-09-25 2013-10-21
10. V F CORPORATION COM   2013-05-23 2013-10-21
30. VALSPAR CORPORATION COM   2011-03-24 2013-10-21
80. VECTREN CORPORATION COM   2011-05-05 2013-02-25
60. VECTREN CORPORATION COM   2011-05-05 2013-04-01
20. VECTREN CORPORATION COM   2011-05-05 2013-10-21
35. WADDELL & REED FINANCIAL INC CL A COM   2011-03-24 2013-02-25
15. WADDELL & REED FINANCIAL INC CL A COM   2013-09-25 2013-10-21
30000. WAL-MART STORES DTD 04/05/2007 5.375% 04   2010-12-02 2013-04-23
25. WALGREEN CO COM   2013-05-08 2013-10-21
10. WATSCO INC COM   2013-04-01 2013-10-21
90. WESTERN DIGITAL CORP COM   2010-09-13 2013-02-25
20. JOHN WILEY & SONS, INC COM   2013-09-25 2013-10-21
45. WISCONSIN ENERGY CORP COM   2012-11-02 2013-02-25
55. WISCONSIN ENERGY CORP COM   2010-12-03 2013-02-25
180. WISCONSIN ENERGY CORP COM   2010-12-03 2013-03-13
100. WISCONSIN ENERGY CORP COM   2010-12-03 2013-05-23
5. WISCONSIN ENERGY CORP COM   2010-12-03 2013-10-21
25. WORLD FUEL SERVICES CORP COM   2010-09-13 2013-10-21
15. ZEBRA TECHNOLOGIES CORP CL A COM   2013-02-25 2013-10-21
5. TE CONNECTIVITY LTD COM   2013-05-08 2013-10-21
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 1,875   1,753 122
b 9,377   6,972 2,405
c 2,738   2,092 646
d 3,393   2,783 610
e 701   556 145
4,141   3,337 804
1,472   946 526
2,764   1,492 1,272
3,001   1,322 1,679
3,394   1,524 1,870
2,085   1,581 504
1,582   1,295 287
8,508   7,411 1,097
16,540   13,021 3,519
5,888   5,139 749
2,064   2,008 56
1,951   1,805 146
24,984   23,565 1,419
2,514   1,669 845
7,503   4,590 2,913
1,348   900 448
1,807   2,238 -431
802   710 92
1,112   850 262
1,665   1,253 412
19,452   10,910 8,542
1,795   1,056 739
1,867   1,313 554
1,935   1,843 92
1,858   1,838 20
697   656 41
18   17 1
12,900   8,303 4,597
31,325   16,547 14,778
1,098   846 252
8,232   5,258 2,974
2,050   1,044 1,006
4,897   2,523 2,374
806   768 38
4,030   3,753 277
9,119   6,600 2,519
25,365   24,486 879
1,854   1,653 201
18,489   18,666 -177
4,287   2,147 2,140
7,824   228 7,596
1,307   40 1,267
2,723   2,075 648
16,235   16,512 -277
5,412   5,453 -41
27,058   28,148 -1,090
30,195   30,100 95
30,836   30,326 510
26,041   25,976 65
6,480   5,149 1,331
4,050   2,789 1,261
957   644 313
31,581   19,093 12,488
2,393   2,069 324
5,258   4,330 928
1,407   1,344 63
2,284   1,827 457
7,993   7,114 879
27,771   21,492 6,279
6,040   5,802 238
1,272   1,013 259
1,193   1,193  
10,297   8,914 1,383
22,455   17,005 5,450
1,852   1,113 739
1,279   668 611
1,605   725 880
1,919   2,204 -285
2,598   1,478 1,120
17,268   12,158 5,110
1,650   682 968
942   809 133
471   333 138
992   1,002 -10
1,758   1,876 -118
1,135   858 277
2,724   2,068 656
1,278   1,363 -85
12,874   9,255 3,619
10,905   7,322 3,583
336   236 100
48,854   34,664 14,190
4,220   2,363 1,857
4,020   3,003 1,017
2,847   2,413 434
1,094   980 114
2,062   1,206 856
2,062   1,715 347
858   520 338
1,704   1,025 679
3,281   3,373 -92
813   435 378
20,643   19,117 1,526
3,287   2,761 526
1,966   904 1,062
14,460   5,727 8,733
43,399   29,358 14,041
9,584   9,039 545
687   533 154
9,722   7,506 2,216
1,944   2,080 -136
2,242   1,696 546
374   286 88
718   676 42
4,846   2,758 2,088
2,231   794 1,437
4,302   1,904 2,398
1,499   1,289 210
2,278   1,077 1,201
1,855   862 993
802   765 37
1,708   1,591 117
1,537   1,373 164
15,511   15,488 23
20,712   20,702 10
5,178   5,201 -23
15,642   14,899 743
5,214   5,458 -244
35,317   35,511 -194
3,213   2,361 852
1,215   1,154 61
2,108   1,855 253
2,074   1,149 925
2,622   2,248 374
2,092   1,686 406
680   562 118
1,482   1,367 115
883   781 102
35,252   34,039 1,213
1,453   1,233 220
946   832 114
4,055   2,425 1,630
986   952 34
1,823   1,724 99
2,228   1,653 575
7,460   5,408 2,052
4,184   3,005 1,179
207   150 57
963   654 309
721   673 48
268   225 43
      2,417
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       122
b       2,405
c       646
d       610
e       145
      804
      526
      1,272
      1,679
      1,870
      504
      287
      1,097
      3,519
      749
      56
      146
      1,419
      845
      2,913
      448
      -431
      92
      262
      412
      8,542
      739
      554
      92
      20
      41
      1
      4,597
      14,778
      252
      2,974
      1,006
      2,374
      38
      277
      2,519
      879
      201
      -177
      2,140
      7,596
      1,267
      648
      -277
      -41
      -1,090
      95
      510
      65
      1,331
      1,261
      313
      12,488
      324
      928
      63
      457
      879
      6,279
      238
      259
       
      1,383
      5,450
      739
      611
      880
      -285
      1,120
      5,110
      968
      133
      138
      -10
      -118
      277
      656
      -85
      3,619
      3,583
      100
      14,190
      1,857
      1,017
      434
      114
      856
      347
      338
      679
      -92
      378
      1,526
      526
      1,062
      8,733
      14,041
      545
      154
      2,216
      -136
      546
      88
      42
      2,088
      1,437
      2,398
      210
      1,201
      993
      37
      117
      164
      23
      10
      -23
      743
      -244
      -194
      852
      61
      253
      925
      374
      406
      118
      115
      102
      1,213
      220
      114
      1,630
      34
      99
      575
      2,052
      1,179
      57
      309
      48
      43
       
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 2 193,841
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 162,337 3,465,932 0.046838
2011 152,297 3,360,637 0.045318
2010 135,348 3,153,174 0.042924
2009 175,464 2,884,391 0.060832
2008 217,376 3,602,683 0.060337
2 Total of line 1, column (d) ...................... 2 0.256249
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 0.05125
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 3,736,275
5 Multiply line 4 by line 3....................... 5 191,484
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 2,609
7 Add lines 5 and 6......................... 7 194,093
8 Enter qualifying distributions from Part XII, line 4.............. 8 170,676
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 5,218
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 5,218
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 5,218
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 2,624
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,624
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,594
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 taxBullet0 RefundedBullet 11 0
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)
    bulletPA
    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 ofbulletNATIONAL PENN INVESTORS TRUST CO Telephone no.bullet (610) 372-6414
    Located atbullet1340 BROADCASTING ROAD SUITE 100WYOMISSINGPA ZIP+4bullet19610
    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
     
    No
    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
    LAWRENCE FREAS TREASURER
    0     		0    
    4425 EDGEHAM COURT
    EARLYSVILLE,VA22936
    NANCY PRATT VICE PRESIDENT
    0     		0    
    2811 St Regis Dr
    North Chesterfield,VA23236
    SUSAN MAGARGEE SECRETARY
    0     		0    
    484 STEELE HOLLOW
    JULIAN,PA16844
    DONALD FREAS PRESIDENT
    0     		0    
    515 Flora Vista Rd NE
    Olympia,WA985062856
    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 VALLEY PARK HIGH SCHOOL 1 MAIN STREET VALLEY PARK, MO 63088 6,500
    2 PIEDMONT VA COMMUNITY COLLEGE 501 COLLEGE DRIVE CHARLOTTESVILLE, VA 22902-7589 5,500
    3 CENTRE COUNTY WOMENS RESOURCE CENTER 140 W NITTANY AVENUE STATE COLLEGE PA 16802-4811 3,000
    4 WALTON MIDDLE SCHOOL 401 MCINTIRE ROAD CHARLOTTESVILLE, VA 22902 7,000
    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
    186,814
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    5,218
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,218
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    181,596
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    181,596
    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
    181,596
    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 7 181,596
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 170,674
    b Total for prior years:2011, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008....... 0
    b From 2009....... 0
    c From 2010....... 0
    d From 2011....... 0
    e From 2012....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 170,676
    a Applied to 2012, but not more than line 2a 170,674
    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..... 2
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2013. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		181,594
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2009.... 0
    b Excess from 2010.... 0
    c Excess from 2011.... 0
    d Excess from 2012.... 0
    e Excess from 2013.... 0
    Form 990-PF (2013)
    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).)
    NONE
    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.
    NONE
    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
    ALBEMARLE HIGH SCHOOL
    ATHLETIC DEPARTMENT
    2775 HYDRAULIC ROAD
    CHARLOTTESVILLE,VA22901     		NONE 501(C)(3) GENERAL FUND 4,000
    CAPON BRIDGE ELEMENTARY
    SCHOOL
    PO BOX 127
    CAPON BRIDGE,WV26711     		NONE 501(C)(3) GENERAL FUND 2,000
    CENTRE COUNTY LAW
    ENFORCEMENT CAMP CADET INC
    118 S FRASER STREET
    STATE COLLEGE,PA168013899     		NONE 501(C)(3) GENERAL FUND 2,000
    CENTER COUNTY WOMEN'S
    RESOURCE CENTER
    140 W NITTANY AVENUE
    STATE COLLEGE,PA168024811     		NONE 501(C)(3) GENERAL FUND 3,000
    CENTRE VOLUNTEERS IN
    MEDICINE
    251 EASTERLY PKWY SUITE 102
    STATE COLLEGE,PA16801     		NONE 501(C)(3) GENERAL FUND 3,600
    FORT EDWARDS FOUNDATION
    PO BOX 623
    CAPON BRIDGE,WV26711     		NONE 501(C)(3) GENERAL FUND 2,000
    GARDEN-RAISED BOUNTY
    (GRUB)
    711 STATE AVENUE NE
    OLYMPIA,WA98506     		NONE 501(C)(3) GENERAL FUND 9,169
    ORCH OF ALBERMALE HIGH
    JOUETT & SUTHERLAND SCHS
    2775 HYDRAULIC ROAD
    CHARLOTTESVILLE,VA22901     		NONE 501(C)(3) GENERAL FUND 3,669
    SCHLOW CENTRE COUNTY
    LIBRARY
    211 S ALLEN STREET
    STATE COLLEGE,PA16801     		NONE 501(C)(3) GENERAL FUND 10,000
    HOUSE OF CARE
    515 W BEAVER AVE
    STATE COLLEGE,PA16801     		NONE 501(C)(3) GENERAL FUND 6,950
    MANADA CONSERVANCY
    PO BOX 25
    HUMMELSTOWN,PA17036     		NONE 501(C)(3) GENERAL FUND 500
    STATE THEATRE INC
    130 W COLLEGE AVE
    STATE COLLEGE,PA16801     		NONE 501(C)(3) GENERAL FUND 3,619
    GLOBAL EMERGENCY HEALTH
    CARE CENTER
    2033 W IOWA ST 3
    CHICAGO,IL60622     		NONE 501(C)(3) GENERAL 8,000
    YMCA OF CENTRE COUNTY
    677 W WHITEHALL ROAD
    STATE COLLEGE,PA16801     		NONE 501(C)(3) GENERAL FUND 3,000
    BENEDICTINE PROGRAMS AND SERVICES
    14299 BENEDICTINE LANE
    REIGELY,MD21660     		NONE 501(C)(3) GENERAL FUND 5,000
    INSTITUTE OF AWAKENED MUTUALITY
    3930 NE 105TH AVE
    PORTLAND,OR97220     		  501(C)(3) GENERAL FUND 14,500
    OLYMPIA ARTSPACE ALLIANCE
    3400 CAPITAL BLVD STE 101
    OLYMPIA,WA985013351     		  501(C)(3) GENERAL FUND 9,500
    PA GUILD OF CRAFTSMAN
    335 N QUEEN STREET
    LANCASTER,PA17603     		  501(C)(3) GENERAL FUND 6,000
    PIEDMONT VIRGINIA COMMUNITY COLLEGE
    501 COLLEGE DRIVE
    CHALROTTSVILLE,VA229027589     		  EXEMPT GENERAL FUND 5,500
    WALTON MIDDLE SCHOOL
    401 MCINTIRE ROAD
    CHARLOTTSVILLE,VA22902     		  EXEMPT GENERAL FUND 7,000
    ALBERMARLE COUNTY PUBLIC SCHOOLS
    KATINA DUDLEY DIRECTOR
    401 MCINTIRE ROAD
    CHARLOTTESVILLE,VA22902     		NONE 501(C)(3) GENERAL FUND 7,000
    JOHN LEONARD ADAMS FOUNDATION
    4131 BLOUVARD PL
    MERCER ISLAND,WA98040     		NONE 501(C)(3) GENERAL FUND 5,000
    CENTRE COUNTY PAWS
    1401 TROUT ROAD
    STATE COLLEGE,PA16801     		NONE 501(C)(3) GENERAL FUND 2,500
    FIRST UNITARIAN UNIVERSALIST
    CHURCH OF RICHMOND
    1000 BLANTON AVENUE
    RICHMOND,VT23221     		NONE 501(C)(3) GENERAL FUND 15,000
    LEWIS GINTER BOTANIC GARDEN
    1800 LAKESIDE AVENUE
    RICHMOND,VA232284700     		NONE 501(C)(3) GENERAL FUND 10,000
    HYPATIA IN THE WOODS
    PO BOX 58
    SHELTON,WA98584     		NONE 501(C)(3) GENERAL FUND 4,500
    MAYMONT FOUNDATION
    1700 HAMPTON STREET
    RICHMOND,VA23220     		NONE 501(C)(3) GENERAL FUND 10,000
    TOM HARPSTREITH MEMORIAL YOUTH
    HUNT
    1096 E 28TH STREET
    TORRINGTON,WY82240     		NONE 501(C)(3) GENERAL FUND 1,169
    VALLEY PARK HIGH SCHOOL
    1 MAIN STREET
    VALLEY PARK,MO63088     		NONE 501(C)(3) GENERAL FUND 6,500
    Total .................................bullet 3a 170,676
    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 ............     		    14 153  
    4 Dividends and interest from securities....     14 81,547  
    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 .............     		    18 193,841  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aOTHER REVENUE     14 449  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   275,990  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13275,990
    (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 InvestmentsCorpBondsSchedule
    Name:
    FREAS FOUNDATION MAN AGY 1871001360
    EIN: 22-1714810
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ALLSTATE LIFE GL DTD 4/24/08    
    JP MORGAN CHASE & CO 1/29/08 35,003 33,181
    COSTCO WHSL CORP 2/20/2007 5.5 34,551 33,699
    GLAXOSMITHKLINE CAP INC 5/13 28,623 28,779
    INTERNATIONA BUS MACHS 9/14/07 28,727 28,708
    SBC COMMUNICATIONS 8/18/04 5.6 33,815 33,107
    WAL-MART STORES 4/5/07 5.375%    
    WELLS FARGO COMPANY DTD 10/1/0    
    WELLS FARGO CO 12/12/11 2.625 41,198 41,891
    US BANCORP 7/27/10 2.45% 20,244 20,562
    GEN ELEC CAP 1/7/11 4.625% 37,613 38,166
    BANK OF NY MELLON 9/23/11 3.55 36,147 35,810
    PEPSICO INC 10/26/10 3.125% 24,522 25,029
    MERCK & CO 12/10/10 3.875% 25,841 26,368
    OCCIDENTAL PETE CORP 26,141 26,244
    CON EDISON CO NY 4/1/08 5.85% 23,224 23,130
    DEERE & CO 6/8/12 2.6% 24,816 23,377
    CHEVRON CORP 6/24/13 1.718% 24,723 24,906
    WAL-MART STORES 4/11/13 2.55% 30,272 27,410

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    FREAS FOUNDATION MAN AGY 1871001360
    EIN: 22-1714810
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EXXON MOBIL CORP 1,101 41,492
    INTL BUSINESS MACHINES CORP 14,452 43,141
    JOHNSON & JOHNSON 28,114 47,810
    MICROSOFT CORP 39,964 58,921
    UGI CORP 4,398 4,768
    WALGREEN CO 31,508 57,383
    CHARLES RIVER LABS INTL INC 6,334 9,547
    PARKER-HANNIFIN CORP COM    
    PEPSICO INC COM 37,145 47,691
    APPLE, INCORPORATED 33,086 56,663
    AT&T, INCORPORATED 12,236 15,470
    DELUXE CORPORATION 10,657 13,830
    LABORATORY COPR OF AMER HLDG 39,700 39,746
    L3 COMMUNICATIONS HLDG 6,584 10,686
    OMNICARE INC COM 5,126 9,054
    U.S.BANCORP 45,428 57,570
    CORELOGIC INC COM 4,994 6,928
    BIG LOTS INC 4,252 3,552
    CISCO SYSTEMS INC 41,272 43,963
    COLGATE PALMOLIVE CO 40,273 53,798
    AMGEN INC 21,640 48,598
    CHEVRON CORPORATION 21,680 38,472
    DOVER CORP 35,111 37,651
    INTEL CORP 43,990 43,864
    MACYS INC 42,668 53,133
    MATTEL INC 39,692 44,725
    AMERICAN FINCL GROUP INC 6,415 12,410
    AMETEK INC 7,972 20,647
    BMC SOFTWARE INC    
    BOB EVANS FARMS    
    BROADRIDGE FINL SOL LLC 4,837 8,497
    CH ROBINSON WORLDWID INC 30,052 24,507
    CADENCE DESIGN SYSTEMS INC 5,293 5,748
    CARTERS INC COM 5,670 7,179
    CUBIST PHARMACEUTICALS INC    
    COPART INC    
    CUBIC CORP    
    DARDEN RESTAURANTS INC    
    FACTSET RESEARCH SYSTEMS INC 7,470 9,772
    GENERAL MILLS INC    
    HARRIS CORPORATION 7,548 11,170
    HORMEL FOODS CORP 3,784 7,679
    HUBBELL INC 3,866 8,712
    INTEL CORP COM    
    J2 GLOBAL COMMUNICATIONS INC 3,864 8,502
    MCCORMICK & COMPANY INC 24,416 37,906
    MCGRAW HILL COS INC    
    MCKESSON HBOC INC 25,839 59,718
    MINERALS TECHNOLOGIES INC COM 2,930 5,106
    MARSH & MCLENNAN 40,846 57,548
    OCEANEERING INTL INC COM 3,122 4,733
    ORACLE CORP 39,817 52,225
    PANERA BREAD COMPANY 3,917 7,951
    PERRIGO CO 14,459 14,579
    PFIZER INC    
    HANESBRANDS INC 6,328 8,784
    QUALCOMM INC 22,612 33,784
    RAYONIER INC COM    
    ROLLINS INC    
    ROSS STORES 4,236 11,989
    REINSURANCE GROUP OF AMER, INC 9,219 10,837
    TORCHMARK CORP 44,267 57,050
    UNION PACIFIC CORP 32,261 39,480
    TORO CO 5,656 13,356
    TUPPERWARE BRANDS CORP 4,096 8,980
    VF CORPORATION 19,279 53,612
    WESTERN DIGITAL CORP    
    JOHN WILEY & SONS INC 6,760 8,611
    WISCONSIN ENERGY CORP 11,257 15,709
    WORLD FUEL SERVICES CORP 3,921 6,474
    ADVANCE AUTO PARTS INC 5,044 8,854
    APTARGROUP INC 7,249 9,493
    BALL CORP 30,094 43,394
    BAXTER INTL INC 24,666 28,516
    CHURCH & DWIGHT CO INC 6,174 9,942
    COMMERCE BANCSHARES 10,193 12,620
    COOPER COS INC    
    DIAMOND OFFSHORE DRILLING    
    DISCOVER FINL SERVICES 28,587 59,587
    FLOWSERVE CORP COM    
    UNITED THERAPEUTICS CORP 10,386 15,266
    FULTON FINL CORP    
    ARTHUR J GALLAGHER 6,968 9,855
    TJX COS INC 26,154 65,642
    UNITED TECHNOLOGIES CORP 29,961 44,951
    VECTREN CORP 4,776 6,035
    WADDELL & REED FINL INC CL A 7,029 10,745
    WATSCO INC 6,421 8,645
    RAYTHEON CO COM NEW 25,440 40,815
    ZEBRA TECHNOLOGIES CORP CL A 5,836 7,030
    TE CONNECTIVITY LTD 28,102 34,444
    VALSPAR 6,309 11,763

    TY 2013 InvestmentsGovtObligationsSch
    Name:
    FREAS FOUNDATION MAN AGY 1871001360
    EIN: 22-1714810
    US Government Securities - End of Year Book Value:

    645,628
    US Government Securities - End of Year Fair Market Value:

    643,599
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2013 InvestmentsOtherSchedule2
    Name:
    FREAS FOUNDATION MAN AGY 1871001360
    EIN: 22-1714810
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ARTISAN INTERNATIONAL AT COST 143,620 204,912
    CONESTOGA SMALL CAP AT COST 83,925 165,190
    GOLDMAN SACHS SATELLITE STRAT AT COST 248,654 257,911
    HENDERSON INTL OPPORTUNITIES AT COST 143,358 206,027

    TY 2013 OtherDecreasesSchedule
    Name:
    FREAS FOUNDATION MAN AGY 1871001360
    EIN: 22-1714810
    Description Amount
    ROUNDING 3