TY 2013 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bullet

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2013

Open to Public Inspection

For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013

Name of foundation
THE ROWLAND FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)2173 N RIDGE RD E Room/suite

City or town, state or province, country, and ZIP or foreign postal code
LORAIN, OH44055

A Employer identification number

34-1932579

B Telephone number (see instructions)

(440) 324-9933

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85% test,
check here and attach computation ........... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ......... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$1,076,275J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ......... bullet

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	62,350
2	Check
3	Interest on savings and temporary cash investments	76		75	75
4	Dividends and interest from securities......	17,611		17,611	17,611
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		26,486
b	Gross sales price for all assets on line 6a 102,701
7	Capital gain net income (from Part IV, line 2)...			0
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		857		857
12	Total. Add lines 1 through 11........	107,380		17,686	18,543
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		2,992			2,992
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)		8,352			8,352
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	46				46
22	Printing and publications..........
23	Other expenses (attach schedule).......		5,158			5,158
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	16,548		0		16,548
25	Contributions, gifts, grants paid........	56,000				56,000
26	Total expenses and disbursements. Add lines 24 and 25	72,548		0		72,548
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	34,832
b	Net investment income (if negative, enter -0-)			17,686
c	Adjusted net income (if negative, enter -0-)...				18,543

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2013)

Form 990-PF (2013)

Page 2

Part II		Balance Sheets	Attached schedules and amounts in the description column should be for end-of-year amounts only. (See instructions.)	Beginning of year	End of year
Part II		Balance Sheets		(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........		146,481	157,453	157,453
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	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)........		756,112	779,879	918,822
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)		902,593	937,332	1,076,275
		17	Accounts payable and accrued expenses..........
18		Grants payable...................
19		Deferred revenue..................
20		Loans from officers, directors, trustees, and other disqualified persons
21		Mortgages and other notes payable (attach schedule)......
22		Other liabilities (describe )
23		Total liabilities (add lines 17 through 22)..........			0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds		902,593	937,332
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................		902,593	937,332
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................		902,593	937,332

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	902,593
2	Enter amount from Part I, line 27a.....................	2	34,832
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	937,425
5	Decreases not included in line 2 (itemize)	5	93
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	937,332

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.)
1a
b
c
d
e

(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
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(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
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . . . .		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2012	37,534	762,081	0.049252
2011	30,462	702,687	0.043351
2010	24,068	650,316	0.037010
2009	21,713	604,774	0.035903
2008	31,957	456,193	0.070051

2	Total of line 1, column (d) ......................	2	0.235567
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	0.047113
4	Enter the net value of noncharitable-use assets for 2013 from Part X, line 5.....	4	820,915
5	Multiply line 4 by line 3.......................	5	38,676
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	177
7	Add lines 5 and 6.........................	7	38,853
8	Enter qualifying distributions from Part XII, line 4..............	8	72,548
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2013)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	177
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2............................	3	177
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-).	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	177
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. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	143
11	Enter the amount of line 10 to be: Credited to 2014 estimated tax143	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of

the instructions for definition)?............................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.

Yes

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement (see instructions).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

BILLY S ROWLAND Telephone no. bullet

(440) 324-9933

Located at bullet

41641 N RIDGE RD SUITE AELYRIAOH ZIP+4 bullet

44035

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

16 At any time during calendar year 2013, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country?

16 No

See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the

foreign country bullet

Form 990-PF (2013)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?.........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...

Organizations relying on a current notice regarding disaster assistance check here......... bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2013?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2013, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2013?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?.........................YesNo

If "Yes," did it have excess business holdings in 2013 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2013.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2013?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?........................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2013)

Page 6

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
BILLY S ROWLAND	PRESIDENT 0.25	0	0	0
29037 TOWNSHIP RD 245 SUMMERFIELD,OH43788	PRESIDENT 0.25	0	0	0
CARLA PARK	TRUSTEE 0.25	0	0	0
823 WOODBRIDGE CT AMHERST,OH44001	TRUSTEE 0.25	0	0	0
WILLIAM M ROWLAND	TRUSTEE 0.25	0	0	0
6200 ETHEL AVE ELYRIA,OH44035	TRUSTEE 0.25	0	0	0
FAY R ROWLAND	VICE-PRESIDENT 0.25	0	0	0
419 BELLEVUE STREET MARIETTA,OH45750	VICE-PRESIDENT 0.25	0	0	0
KITTE TAYLOR	TRUSTEE 0.25	0	0	0
286 SADDLER RD BAY VILLAGE,OH44140	TRUSTEE 0.25	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1


2


3


4

Form 990-PF (2013)

Page 7

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


All other program-related investments. See page 24 of the instructions.
3

Total. Add lines 1 through 3......................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

Average of monthly cash balances.......................

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

Minimum investment return. Enter 5% of line 5..................

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

41,046

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

177

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

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

177

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

40,869

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

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

40,869

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

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

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

40,869

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see instructions).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2013)

Page 8

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(c) 2012	(d) 2013
1 Distributable amount for 2013 from Part XI, line 7				40,869
2 Undistributed income, if any, as of the end of 2013:
a Enter amount for 2012 only.......			37,808
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2013:
a From 2008.......	31,957
b From 2009.......	21,713
c From 2010.......	24,068
d From 2011.......	30,462
e From 2012.......	37,534
fTotal of lines 3a through e.........		145,734
4Qualifying distributions for 2013 from Part
XII, line 4: $ 72,548
a Applied to 2012, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions)......
c Treated as distributions out of corpus (Election required—see instructions).........
d Applied to 2013 distributable amount.....
e Remaining amount distributed out of corpus		72,548
5 Excess distributions carryover applied to 2013.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		218,282
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2012. Subtract line 4a from line 2a. Taxable amount—see instructions .............			37,808
f Undistributed income for 2013. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2014 ..........				40,869
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see instructions) .............
8Excess distributions carryover from 2008 not applied on line 5 or line 7 (see instructions) ...		31,957
9Excess distributions carryover to 2014. Subtract lines 7 and 8 from line 6a ......		186,325
10 Analysis of line 9:
a Excess from 2009....	21,713
b Excess from 2010....	24,068
c Excess from 2011....	30,462
d Excess from 2012....	37,534
e Excess from 2013....	72,548

Form 990-PF (2013)

Page 9

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2013, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2013	(b) 2012	(c) 2011	(d) 2010	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ...........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

BILLY S ROWLAND

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2013)

Page 10

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CORNERSTONE AMOUNT WOMEN 364 GRISWOLD ROAD ELYRIA,OH44035		PUBLIC	TO ENHANCECHRISTIAN TEACHING	500
SOUL'S HARBOR BAPTIST CHURCH 115 CAYWOOD RD MARIETTA,OH45750		PUBLIC	TO ENHANCECHRISTIAN TEACHING	30,000
JOURNEY COMMUNITY CHURCH 21220 LORAIN ROAD FAIRVIEW PARK,OH44126		PUBLIC	TO ENHANCECHRISTIAN TEACHING	3,000
COMPASSION BAPTIST CHURCH 520 W 22ND ST LORAIN,OH44052		PUBLIC	TO ENHANCECHRISTIAN TEACHING	2,000
BUSES INTERNATIONAL 702 N RIDGE RD E LORAIN,OH44055		PUBLIC	TO ENHANCECHRISTIAN TEACHING	2,000
CENTER FREE METHODIST CHURCH 48296 SENECA LAKE RD SARAHSVILLE,OH43779		PUBLIC	TO ENHANCECHRISTIAN TEACHING	1,000
COMMUNITY FOUNDATION OF LORAIN COUNTY 9080 LEAVITT ROAD ELYRIA,OH44035		PUBLIC	TO ENHANCECOMMUNITY	4,000
GOSPEL MISSION FOOD PANTY PO BOX 6 MARIETTA,OH45750		PUBLIC	TO ENHANCECOMMUNITY	3,000
CHURCH OF THE OPEN DOOR TELEGRAPH ROAD ELYRIA,OH44035		PUBLIC	CHRISTIAN TEACHING	500
HOUSE OF PRAISE 1875 N RIDGE ROAD SUITE C LORAIN,OH44055		PUBLIC	TO ENHANCECHRISTIAN TEACHING	2,000
CHURCH OF THE NAZARENE 210 COOPER FOSTER PARK ROAD AMHERST,OH44001		PUBLIC	TO ENHANCECHRISTIAN TEACHING	6,000
SALVATION ARMY 136 FRONT ST MARIEETA,OH44857		PUBLIC	TO ENHANCECOMMUNITY	2,000
Total ................................. 3a				56,000

bApproved for future payment

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

Form 990-PF (2013)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
aN/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 ............	900003	76
4 Dividends and interest from securities....	900003	17,611
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 .............	900003	26,486
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)..		44,173

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

1344,173

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2013)

Page 12

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political

Yes

organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2013)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2013

Name of the organization

THE ROWLAND FOUNDATION

Employer identification number

34-1932579

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II.

Special Rules

For a section 501(c)(3) organization filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi) and received from any one contributor, during the year, a contribution of the
greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For a section 501(c)(7), (8), or (10) organization filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 for use exclusively for religious, charitable,
scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and
III.

For a section 501(c)(7), (8), or (10) organization filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions for use exclusively for religious, charitable, etc., purposes, but these contributions did
not total more than $1,000. If this box is checked, enter here the total contributions that were received during
the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule
applies to this organization because it received nonexclusively religious, charitable, etc., contributions of $5,000 or more
during the year ......................... Arrow Bullet

Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Page 2

Name of organization THE ROWLAND FOUNDATION

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	BILLY S ROWLAND 29037 TWP RD 245 SUMMERFIELD, OH43788	$60,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Page 3

Name of organization THE ROWLAND FOUNDATION

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Page 4

Name of organization
THE ROWLAND FOUNDATION

Employer identification number

34-1932579

Part III

Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet

$
Use duplicate copies of Part III if additional space is needed.

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Additional Data

Software ID:
Software Version:

- TIN:

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

TY 2013 GainLossSaleOtherAssetsSch

Name:

THE ROWLAND FOUNDATION

EIN: 34-1932579

Name	Date Acquired	How Acquired	Date Sold	Gross Sales Price	Basis	Total (net)
ABBOTT LABORATORIES	2011-11	Purchased	2013-06	493	759	-266
ABBOTT LABORATORIES	2011-12	Purchased	2013-06	106	164	-58
ABBVIE INC COM	2013-01	Purchased	2013-01	756		756
ABBVIE INC COM	2013-01	Purchased	2013-01	882		882
ACTIVISION BLIZZARD	2012-10	Purchased	2013-04	479	382	97
ACTIVISION BLIZZARD	2012-10	Purchased	2013-04	282	225	57
ACTIVISION BLIZZARD	2012-11	Purchased	2013-04	99	77	22
ACTIVISION BLIZZARD	2012-11	Purchased	2013-05	507	374	133
ACTIVISION BLIZZARD	2012-11	Purchased	2013-06	131	99	32
ACTIVISION BLIZZARD	2013-01	Purchased	2013-06	218	173	45
ACTIVISION BLIZZARD	2013-01	Purchased	2013-06	733	636	97
AGILENT TECHNOLOGIES	2012-04	Purchased	2013-10	403	353	50
ALLERGAN INC	2012-11	Purchased	2013-05	880	832	48
AMAZON COM	2011-09	Purchased	2013-11	371	210	161
AMERICAN EXPRESS	2011-02	Purchased	2013-06	802	493	309
AMERICAN EXPRESS	2011-02	Purchased	2013-06	369	224	145
AMERICAN EXPRESS	2011-02	Purchased	2013-07	148	90	58
AMERICAN EXPRESS	2011-03	Purchased	2013-07	815	498	317
AMERICAN EXPRESS	2011-04	Purchased	2013-07	445	277	168
AMERICAN EXPRESS	2011-08	Purchased	2013-07	222	134	88
AMERICAN EXPRESS	2013-02	Purchased	2013-07	371	311	60
AMPHENOL CORP	2011-03	Purchased	2013-07	75	55	20
AMPHENOL CORP	2011-04	Purchased	2013-07	226	157	69
AMPHENOL CORP	2011-04	Purchased	2013-10	306	210	96
APPLE, INC.	2010-02	Purchased	2013-06	864	396	468
APPLE, INC.	2010-02	Purchased	2013-06	1,572	792	780
APPLE, INC.	2010-02	Purchased	2013-12	563	198	365
APPLE, INC.	2010-02	Purchased	2013-12	1,695	594	1,101
APPLE, INC.	2010-02	Purchased	2013-12	1,134	396	738
AVON PRODUCTS	2010-04	Purchased	2013-02	326	512	-186
AVON PRODUCTS	2010-11	Purchased	2013-02	387	553	-166
AVON PRODUCTS	2011-07	Purchased	2013-02	305	416	-111
BOEING CO	2012-11	Purchased	2013-07	713	516	197
BOEING CO	2012-11	Purchased	2013-10	387	221	166
CBRE GROUP INC	2011-06	Purchased	2013-02	194	198	-4
CBRE GROUP INC	2011-06	Purchased	2013-04	317	322	-5
CBRE GROUP INC	2011-07	Purchased	2013-04	122	118	4
CELGENE CORP	2012-12	Purchased	2013-05	493	331	162
CELGENE CORP	2012-12	Purchased	2013-10	299	165	134
CELGENE CORP	2012-12	Purchased	2013-12	493	248	245
CHIPOTLE MEXICAN GRILL	2012-06	Purchased	2013-05	376	305	71
CHIPOTLE MEXICAN GRILL	2012-08	Purchased	2013-04	675	590	85
CHIPOTLE MEXICAN GRILL	2012-10	Purchased	2013-11	537	298	239
CME GROUP INC	2010-02	Purchased	2013-04	830	792	38
CME GROUP INC	2010-02	Purchased	2013-05	181	170	11
CME GROUP INC	2010-08	Purchased	2013-05	605	505	100
COCA COLA	2013-05	Purchased	2013-10	669	761	-92
COVIDIEN PLC	2013-06	Purchased	2013-08	632	617	15
CROWN CASTLE	2010-02	Purchased	2013-05	563	297	266
CROWN CASTLE	2010-02	Purchased	2013-06	1,564	818	746
CROWN CASTLE	2010-02	Purchased	2013-06	1,187	632	555
CROWN CASTLE	2010-02	Purchased	2013-10	364	186	178
CROWN CASTLE	2011-11	Purchased	2013-10	437	251	186
DIAGEO PLC	2012-01	Purchased	2013-09	248	178	70
DIAGEO PLC	2012-02	Purchased	2013-09	372	280	92
DIAGEO PLC	2012-02	Purchased	2013-09	248	189	59
DIAGEO PLC	2012-04	Purchased	2013-09	867	678	189
ECOLAB INC	2010-02	Purchased	2013-08	458	210	248
ECOLAB INC	2010-03	Purchased	2013-08	550	256	294
ESTEE LAUDER CO	2012-11	Purchased	2013-07	653	590	63
ESTEE LAUDER CO	2013-04	Purchased	2013-07	523	519	4
FAMILY DOLLAR	2012-06	Purchased	2013-01	464	534	-70
GILEAD SCIENCE	2010-02	Purchased	2013-03	425	237	188
GILEAD SCIENCE	2010-02	Purchased	2013-04	581	285	296
GOOGLE INC	2010-02	Purchased	2013-03	803	536	267
GOOGLE INC	2010-02	Purchased	2013-10	1,020	536	484
HALLIBURTON CO	2010-04	Purchased	2013-07	221	151	70
HALLIBURTON CO	2010-06	Purchased	2013-07	443	235	208
HALLIBURTON CO	2011-09	Purchased	2013-07	575	495	80
INTERCONTINENTAL EXCHANGE	2011-03	Purchased	2013-10	582	378	204
INTERCONTINENTAL EXCHANGE	2011-03	Purchased	2013-11	216	126	90
INTUITIVE SURGICAL INC	2012-11	Purchased	2013-03	465	537	-72
JOHNSON & JOHNSON	2012-06		2013-02	606	535	71
LAS VEGAS SANDS CORP	2012-07	Purchased	2013-04	530	357	173
LAS VEGAS SANDS CORP	2012-08	Purchased	2013-04	424	304	120
LULULEMON ATHLETICA	2012-08	Purchased	2013-08	700	586	114
MALLINCKRODT	2013-06	Purchased	2013-07	46		46
MALLINCKRODT	2013-06	Purchased		11		11
MARRIOTT INTL	2011-08	Purchased	2013-06	165	128	37
MARRIOTT INTL	2011-08	Purchased	2013-06	247	177	70
MARRIOTT INTL	2011-08	Purchased	2013-07	122	88	34
MARRIOTT INTL	2011-08	Purchased	2013-07	449	302	147
MARRIOTT INTL	2011-11	Purchased	2013-07	490	355	135
MASTERCARD INC	2010-07	Purchased	2013-10	1,350	403	947
MASTERCARD INC	2011-01	Purchased	2013-10	1,350	470	880
MCDONALDS CORP	2010-02	Purchased	2013-07	697	454	243
MCDONALDS CORP	2013-09	Purchased		283	289	-6
MCDONALDS CORP	2013-09	Purchased	2013-10	1,605	1,640	-35
MICROSOFT CORP	2013-08	Purchased	2013-10	331	320	11
NATIONAL OILWELL	2011-05	Purchased	2013-04	520	542	-22
NETAPP INC	2010-07	Purchased	2013-03	335	371	-36
NETAPP INC	2010-07	Purchased	2013-05	189	185	4
NETAPP INC	2011-02		2013-05	189	267	-78
NETAPP INC	2011-03		2013-05	416	557	-141
NETAPP INC	2011-03	Purchased	2013-05	265	335	-70
NETAPP INC	2011-10	Purchased	2013-05	265	272	-7
NETAPP INC	2011-10	Purchased	2013-05	227	231	-4
NIKE INC	2010-02	Purchased	2013-05	639	320	319
NIKE INC	2010-02	Purchased	2013-11	311	128	183
NIKE INC	2010-02	Purchased	2013-11	391	160	231
NIKE INC	2010-02	Purchased	2010-12	307	128	179
NORTHERN TRUST CORP	2010-02	Purchased	2013-06	927	863	64
NORTHERN TRUST CORP	2011-12	Purchased	2013-06	637	438	199
ORACLE CORP	2010-02	Purchased	2013-06	1,093	882	211
PEPSI CO	2010-02	Purchased	2013-05	661	497	164
PEPSI CO	2010-02	Purchased	2013-10	319	248	71
PIONEER NATURAL RESOURCES	2013-05	Purchased	2013-10	381	276	105
PIONEER NATURAL RESOURCES	2013-05	Purchased	2013-10	808	552	256
PIONEER NATURAL RESOURCES	2013-05	Purchased	2013-10	199	138	61
PIONEER NATURAL RESOURCES	2013-07	Purchased	2013-10	399	310	89
PRAXAIR INC	2010-02	Purchased	2013-06	569	381	188
PRAXAIR INC	2010-02	Purchased	2013-09	1,550	992	558
PRAXAIR INC	2011-02	Purchased	2013-09	199	95	104
PRAXAIR INC	2011-02	Purchased	2013-09	516	485	31
PRECISION CASTPARTS CORP	2013-04	Purchased	2013-10	252	187	65
PROCTER & GAMBLE	2011-09	Purchased	2013-05	542	452	90
PROCTER & GAMBLE	2010-02	Purchased	2013-05	77	63	14
PROCTER & GAMBLE	2010-02	Purchased	2013-10	605	506	99
PROCTER & GAMBLE	2010-02	Purchased	2013-10	227	190	37
PROCTER & GAMBLE	2012-02	Purchased	2013-10	455	400	55
QUALCOMM	2010-02	Purchased	2013-12	879	463	416
QUALCOMM	2010-02	Purchased	2013-12	732	386	346
RACKSPACE HOSTING	2013-03	Purchased	2013-05	308	448	-140
RACKSPACE HOSTING	2013-03	Purchased	2013-05	530	784	-254
RACKSPACE HOSTING	2013-03	Purchased	2013-05	454	686	-232
ROCKWELL AUTOMATION INC	2011-08	Purchased	2013-08	777	487	290
ROCKWELL AUTOMATION INC	2012-04	Purchased	2013-08	680	549	131
SALESFORCE.COM	2011-01	Purchased	2013-08	271	192	79
SALESFORCE.COM	2011-01	Purchased	2013-10	514	320	194
SCHLUMBERGER LTD	2010-02	Purchased	2013-06	366	305	61
SCHLUMBERGER LTD	2010-02	Purchased	2013-07	658	487	171
SCHLUMBERGER LTD	2010-02	Purchased	2013-10	269	183	86
SCHLUMBERGER LTD	2010-02	Purchased	2013-10	355	244	111
SCHLUMBERGER LTD	2010-02	Purchased	2013-10	557	365	192
SCHLUMBERGER LTD	2010-02	Purchased	2013-12	172	122	50
SHIRE PLC	2012-06	Purchased	2013-03	373	368	5
SHIRE PLC	2012-06	Purchased	2013-05	194	184	10
SHIRE PLC	2012-06	Purchased	2013-05	97	81	16
SHIRE PLC	2012-06	Purchased	2013-05	387	324	63
SHIRE PLC	2012-09	Purchased	2013-05	193	185	8
STARBUCKS CORP	2013-07	Purchased	2013-11	565	484	81
TEVA	2001-12	Purchased	2013-02	195	265	-70
TEVA	2011-08	Purchased	2013-02	272	270	2
TIM HORTONS INC	2013-08	Purchased	2013-10	478	465	13
TWITTER INC	2013-11	Purchased	2013-12	539	437	102
TWITTER INC	2013-11	Purchased	2013-12	479	385	94
UNITED TECHNOLOGIES	2013-06	Purchased	2013-12	437	379	58
UNITED TECHNOLOGIES	2013-06	Purchased	2013-12	1,075	947	128
URBAN OUTFITTERS	2011-09	Purchased	2013-01	507	311	196
URBAN OUTFITTERS	2012-01	Purchased	2013-01	633	361	272
VERTX PHARMACEUTICALS	2012-01	Purchased	2013-04	342	148	194
VERTX PHARMACEUTICALS	2012-01	Purchased	2013-04	328	148	180
VIACOM INC	2010-02	Purchased	2013-08	2,127	797	1,330
VIACOM INC	2010-07	Purchased	2013-08	630	264	366
WHOLE FOODS MARKETS	2013-07	Purchased	2013-12	345	334	11
XILINX INC	2010-02	Purchased	2013-02	518	352	166
XILINX INC	2010-02	Purchased	2013-07	505	282	223
XILINX INC	2010-02	Purchased	2013-08	372	205	167
YUM BRANDS INC	2011-06	Purchased	2013-07	642	478	164
ASTRAZENECA PLC	2012-06	Purchased	2013-12	866	649	217
BCE INC	2012-06	Purchased	2013-01	2,002	1,913	89
BCE INC	2012-06	Purchased	2013-09	550	529	21
BRISTOL MYERS	2012-06	Purchased	2013-06	2,364	1,729	635
BRISTOL MYERS	2012-06	Purchased	2013-07	1,386	1,106	280
CENTURYLINK	2012-06	Purchased	2013-02	2,768	3,254	-486
CENTURYLINK	2012-07	Purchased	2013-02	423	527	-104
ELI LILLY & CO	2012-06	Purchased	2013-05	2,164	1,666	498
GLAXOSMITHKLINE	2012-06	Purchased	2013-04	1,107	1,014	93
HJ HEINZ	2012-06	Purchased	2013-02	5,059	3,711	1,348
NATL GRID TRANSCO	2012-06	Purchased	2013-09	470	414	56
VODAFONE	2012-06	Purchased	2013-12	964	728	236
WINDSTREAM CORP	2012-06	Purchased	2013-06	619	760	-141
THE INDIA FUND	2006-05	Purchased		11		11

- TIN:

TY 2013 InvestmentsCorpStockSchedule

Name:

THE ROWLAND FOUNDATION

EIN: 34-1932579

Name of Stock	End of Year Book Value	End of Year Fair Market Value
MORGAN STANLEY	779,879	918,822

- TIN:

TY 2013 OtherDecreasesSchedule

Name:

THE ROWLAND FOUNDATION

EIN: 34-1932579

Description	Amount
NON DEDUCTIBLE EXPENSES (CEDAR FAIR K-1)	93

- TIN:

TY 2013 OtherExpensesSchedule

Name:

THE ROWLAND FOUNDATION

EIN: 34-1932579

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
BANK SERVICE CHARGE	5,158			5,158

- TIN:

TY 2013 OtherIncomeSchedule2

Name:

THE ROWLAND FOUNDATION

EIN: 34-1932579

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
CEDAR FAIR K-1 ORD GAIN	857		857

- TIN:

TY 2013 TaxesSchedule

Name:

THE ROWLAND FOUNDATION

EIN: 34-1932579

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
STATE FEES	748			748
BUCKEYE BANK	7,604			7,604