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 08-01-2013 , and ending 07-31-2014
Name of foundation
DALE KRUEGER SCHOLARSHIP FUND 97350810
 

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 3168   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PORTLAND, OR97208
A Employer identification number

93-6331222
B Telephone number (see instructions)

(503) 464-3580
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$10,085,958J 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      
4 Dividends and interest from securities...... 248,662 248,662  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 354,991
b Gross sales price for all assets on line 6a 1,297,563
7 Capital gain net income (from Part IV, line 2)... 354,991
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).......      
12 Total. Add lines 1 through 11........ 603,653 603,653  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 135,196 121,676   13,520
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)....... Click to see attachment 1,500 0 0 1,500
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions) Click to see attachment 6,000 6,000   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)....... Click to see attachment 4,515     4,515
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 147,211 127,676 0 19,535
25 Contributions, gifts, grants paid........ 480,000 480,000
26 Total expenses and disbursements. Add lines 24 and 25 627,211 127,676 0 499,535
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -23,558
b Net investment income (if negative, enter -0-) 475,977
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 407,306 123,140 123,140
3 Accounts receivable bullet6,325
Less: allowance for doubtful accounts bullet     6,325 6,325
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...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 5,045,431 Click to see attachment5,360,691 6,591,731
c Investments—corporate bonds (attach schedule)........ 3,403,170 Click to see attachment3,348,184 3,364,762
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........     0
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) 8,855,907 8,838,340 10,085,958
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......... 8,855,907 8,838,340
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).................... 8,855,907 8,838,340
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 8,855,907 8,838,340
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 8,855,907
2 Enter amount from Part I, line 27a..................... 2 -23,558
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 5,999
4 Add lines 1, 2, and 3.......................... 4 8,838,348
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 8
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 8,838,340
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 99.91 NUVEEN REAL ESTATE SECS I   2013-07-02 2013-08-30
b 1763.659 NUVEEN REAL ESTATE SECS I   2011-12-02 2013-08-30
c 3503.045 NUVEEN INFLATION PRO SEC CL I   2013-02-20 2013-09-09
d 453.738 NUVEEN INFLATION PRO SEC CL I   2012-04-26 2013-09-09
e 4564.226 P I M C O FDS TOTAL RETURN FD   2013-02-20 2013-09-10
234. ABBOTT LABORATORIES COMMON STOCK   2012-07-05 2013-10-22
159. ADIDAS AG A D R   2012-07-05 2013-10-22
18. AGRIUM INC   2012-07-05 2013-10-22
175. AIR LIQUIDE S A A D R   2012-07-05 2013-10-22
163. AMERICAN EXPRESS CO   2012-07-05 2013-10-22
203. AMERISOURCEBERGEN CORP   2012-07-05 2013-10-22
359. ARM HLDGS PLC A D R   2012-07-05 2013-10-22
336. ASAHI KASEI CORP A D R   2012-07-05 2013-10-22
17. ATHENAHEALTH INC   2012-07-05 2013-10-22
69. ATLAS COPCO AB SPONS A D R   2012-07-05 2013-10-22
348. BEACON ROOFING SUPPLY INC   2012-07-05 2013-10-22
283. BERKSHIRE HATHAWAY INC CL B   2012-07-05 2013-10-22
4. BLACKROCK INC   2012-07-05 2013-10-22
172. CSL LIMITED A D R   2012-07-05 2013-10-22
142. CACI INTERNATIONAL INC CL A   2012-07-05 2013-10-22
88. CHEMED CORP   2012-07-05 2013-10-22
13. CHEVRONTEXACO CORP COM   2012-07-05 2013-10-22
182. COCA COLA ENTERPRISES INC   2012-07-05 2013-10-22
117. COGNIZANT TECH SOLUTIONS CL A   2012-07-05 2013-10-22
20. COSTAR GROUP INC   2012-07-05 2013-10-22
139. CUMMINS INC   2012-07-05 2013-10-22
115. DBS GROUP HLDGS LTD   2012-07-05 2013-10-22
33. DASSAULT SYSTEMES SA A D R   2012-07-05 2013-10-22
554. DEUTSCHE POST AG A D R   2012-07-05 2013-10-22
29. DIAGEO PLC SPONSORED A D R   2012-07-05 2013-10-22
79. DRESSER RAND GROUP INC   2012-07-05 2013-10-22
174. EQUITABLE CORP   2012-07-05 2013-10-22
89. EMERSON ELECTRIC CO   2012-07-05 2013-10-22
672. ERSTE GROUP BANK AG A D R   2012-07-05 2013-10-22
840. EUROPEAN AERO DEFENSE SPACE CO A D R   2012-07-05 2013-10-22
279. FASTENAL CO   2012-07-05 2013-10-22
148. FIDELITY NATL INFORMATION SVCS INC   2012-07-05 2013-10-22
76. FORRESTER RESH INC   2012-07-05 2013-10-22
87. FOSSIL GROUP INC   2012-07-05 2013-10-22
748. GILEAD SCIENCES INC   2012-07-05 2013-10-22
23. GOOGLE INC CL A   2012-07-05 2013-10-22
65. GRUPO SIMEC A D R   2013-02-20 2013-10-22
1. HSBC HOLDINGS PLC SPONS A D R   2012-07-05 2013-10-22
123. HORMEL FOODS CORP   2012-07-05 2013-10-22
166. ICICI BANK LTD A D R   2012-07-05 2013-10-22
820. INFINEON TECHNOLOGIES A G A D R   2013-02-20 2013-10-22
83. INTERNATIONAL BUSINESS MACHINES CAPITAL STOCK   2012-07-05 2013-10-22
30. KAO CORP A D R   2012-07-05 2013-10-22
1. KINDER MORGAN MANAGEMENT L L C   2012-07-05 2013-10-22
72. KIRBY CORP   2012-07-05 2013-10-22
64. LG DISPLAY CO LTD A D R   2013-07-02 2013-10-22
483. LKQ CORP   2012-07-05 2013-10-22
79. LOREAL UNSPONSORED A D R   2012-07-05 2013-10-22
88. LINCOLN ELEC HLDGS INC   2012-07-05 2013-10-22
126. LINEAR TECHNOLOGY CORP   2012-07-05 2013-10-22
1086. LONZA GROUP AG UNSPON A D R   2012-07-05 2013-10-22
323. LORILLARD INC   2012-07-05 2013-10-22
262. M D U RES GROUP INC   2012-07-05 2013-10-22
877. MARKS & SPENCER PLC A D R   2012-07-05 2013-10-22
268. MAXIMUS INC   2012-07-05 2013-10-22
88. MCCORMICK CO NON VTG SHRS   2012-07-05 2013-10-22
48. MEDNAX INC   2012-07-05 2013-10-22
547. MICROCHIP TECHNOLOGY INC   2012-07-05 2013-10-22
216. MOBILE MINI INC   2012-07-05 2013-10-22
123. MOTOROLA SOLUTIONS INC   2012-07-05 2013-10-22
150. MTN GROUP LTD A D R   2012-07-05 2013-10-22
273. NATIONAL INSTRS CORP   2012-07-05 2013-10-22
93. NESTLE S A SPONSORED ADR REPSTG REG SH   2012-07-05 2013-10-22
849. NEW YORK COMMUNITY BANCORP INC   2012-07-05 2013-10-22
35. NEXTERA ENERGY INC   2012-07-05 2013-10-22
359. NIPPON TELEGRAPH TELE A D R   2013-07-02 2013-10-22
403. NISSAN MTR LTD SPONSORED ADR   2012-07-05 2013-10-22
61. OIL STATES INTERNATIONAL INC   2012-07-05 2013-10-22
71. PACCAR INC   2012-07-05 2013-10-22
59. PANERA BREAD COMPANY CL A   2012-07-05 2013-10-22
170. PATTERSON COMPANIES INC   2012-07-05 2013-10-22
148. PFIZER INC COMMON STOCK   2012-07-05 2013-10-22
162. PORTFOLIO RECOVERY ASSOCIATES   2012-07-05 2013-10-22
1. POTASH CORP OF SASKATCHEWAN   2013-02-20 2013-10-22
35. POWER INTEGRATIONS INC   2012-07-05 2013-10-22
7. T ROWE PRICE GROUP INC   2012-07-05 2013-10-22
80. PROCTER & GAMBLE CO   2012-07-05 2013-10-22
287. QUALCOMM INC   2012-07-05 2013-10-22
375. ROCHE HOLDINGS LTD SPONS A D R   2012-07-05 2013-10-22
158. ROYAL DUTCH SHELL A D R   2012-07-05 2013-10-22
224. SAFRAN SA UNSPON A D R   2012-07-05 2013-10-22
151. SAP SE SPONSORED A D R   2012-07-05 2013-10-22
369. SCHLUMBERGER LTD ISIN #AN8068571086   2012-07-05 2013-10-22
367. SCHNEIDER ELECT SE UNSP A D R   2012-07-05 2013-10-22
1670. SCHWAB CHARLES CORP   2012-07-05 2013-10-22
290. SECOM COMPANY LIMITED A D R   2012-07-05 2013-10-22
223. SEMTECH CORP   2012-07-05 2013-10-22
1043. SILICONWARE PRECISION IND CO A D R   2012-07-05 2013-10-22
377. SINGAPORE TELECOMMUNICATNS A D R   2012-07-05 2013-10-22
944. SOFTWARE AG A D R   2013-02-20 2013-10-22
80. STERICYCLE INC   2012-07-05 2013-10-22
119. SYNGENTA A G A D R   2012-07-05 2013-10-22
23. TERADATA CORP   2013-02-20 2013-10-22
127. TERADATA CORP   2012-07-05 2013-10-22
879. TESCO PLC A D R   2012-07-05 2013-10-22
16. TIME WARNER CABLE INC   2012-07-05 2013-10-22
338. TOKYO ELECTRON LTD ADR   2013-07-02 2013-10-22
732. TOTO LTD   2012-07-05 2013-10-22
310. TURKIYE GARANTI BANKASI A S A D R   2012-07-05 2013-10-22
321. UNILEVER N V A D R   2012-07-05 2013-10-22
12. UNION PACIFIC CORP   2012-07-05 2013-10-22
90. V F CORPORATION COMMON STOCK   2012-07-05 2013-10-22
227. VARIAN MED SYS INC   2012-07-05 2013-10-22
95. VERISK ANALYTICS INC CL A   2012-07-05 2013-10-22
90. VISA INC   2012-07-05 2013-10-22
50. WATERS CORP   2012-07-05 2013-10-22
10. WELLS FARGO & CO NEW   2012-07-05 2013-10-22
76. SEADRILL LIMITED   2012-07-05 2013-10-22
1057. CLICKSOFTWARE TECHNOLOGIES   2013-02-20 2013-10-22
891. QIAGEN NV   2012-07-05 2013-10-22
.2 ASTRONICS CORP CL B   2013-02-20 2013-11-01
.5 H E I C O CORPORATION CL A   2013-10-22 2013-11-01
125. PERRIGO CO   2012-07-05 2013-12-19
20. PERRIGO CO   2013-10-22 2013-12-19
.5 GORMAN RUPP CO   2013-10-22 2014-01-02
141. HARRIS TEETER SUPERMARKETS I   2013-02-20 2014-01-29
.3892 VERIZON COMMUNICATIONS   2014-02-24 2014-03-13
.7272 VODAFONE GROUP PLC A D R   2012-07-05 2014-03-13
415. JOS A BANK CLOTHIERS INC   2013-02-20 2014-06-18
.25 NOW INC DE W I   2012-07-05 2014-06-23
.6 ITAU UNIBANCO HOLDINGS SA A D R   2013-02-20 2014-07-01
75. GIANT INTERACTIVE GROUP INC A D R   2013-07-02 2014-07-18
.5 AAON INC   2013-02-20 2014-07-22
108. HITTITE MICROWAVE CORP   2013-10-22 2014-07-23
250. HITTITE MICROWAVE CORP   2013-02-20 2014-07-23
.2 AIR LIQUIDE S A A D R   2012-07-05 2014-07-24
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 2,077   2,235 -158
b 36,666   32,134 4,532
c 38,253   41,441 -3,188
d 4,955   5,322 -367
e 48,335   51,074 -2,739
8,609   7,286 1,323
9,333   5,838 3,495
1,569   1,661 -92
4,898   3,950 948
13,128   9,716 3,412
13,041   8,055 4,986
18,165   8,721 9,444
5,100   3,662 1,438
2,354   1,416 938
2,049   1,516 533
12,395   9,123 3,272
33,142   23,677 9,465
1,211   687 524
5,624   3,457 2,167
9,784   8,091 1,693
6,273   5,478 795
1,560   1,381 179
7,720   5,187 2,533
10,167   7,073 3,094
3,535   1,691 1,844
19,118   13,911 5,207
6,210   5,112 1,098
3,964   3,109 855
18,836   9,773 9,063
3,805   2,981 824
4,987   3,703 1,284
15,583   9,552 6,031
5,893   4,088 1,805
11,249   6,364 4,885
13,801   7,430 6,371
13,713   11,543 2,170
7,052   5,132 1,920
2,886   2,619 267
10,769   6,189 4,580
50,595   19,317 31,278
23,170   13,778 9,392
734   915 -181
56   44 12
5,274   3,748 1,526
5,849   5,558 291
8,003   7,331 672
14,376   16,304 -1,928
949   828 121
78   71 7
6,562   3,436 3,126
751   764 -13
16,019   8,287 7,732
2,807   1,831 976
6,177   3,899 2,278
4,944   4,012 932
9,253   4,648 4,605
15,514   14,630 884
7,826   5,811 2,015
13,813   9,024 4,789
13,293   7,092 6,201
5,939   5,410 529
5,182   3,276 1,906
22,016   17,637 4,379
7,551   3,100 4,451
7,511   5,951 1,560
3,085   2,703 382
8,364   7,459 905
6,711   5,590 1,121
13,363   10,918 2,445
2,949   2,407 542
9,725   9,305 420
8,302   7,580 722
6,615   4,193 2,422
4,112   2,753 1,359
9,653   8,292 1,361
7,065   5,984 1,081
4,496   3,373 1,123
10,072   4,822 5,250
32   41 -9
1,865   1,365 500
539   439 100
6,367   4,922 1,445
19,757   16,275 3,482
25,451   16,065 9,386
11,187   11,145 42
14,179   7,972 6,207
11,788   8,921 2,867
34,594   24,427 10,167
6,294   4,026 2,268
39,209   21,576 17,633
4,509   3,370 1,139
6,929   5,600 1,329
6,404   5,749 655
11,412   10,085 1,327
8,383   9,637 -1,254
9,585   7,435 2,150
9,425   8,075 1,350
1,004   1,441 -437
5,542   9,268 -3,726
15,879   13,150 2,729
1,899   1,317 582
4,745   4,266 479
20,657   10,791 9,866
1,302   1,228 74
12,747   10,754 1,993
1,850   1,423 427
19,077   12,164 6,913
17,799   13,972 3,827
6,498   4,765 1,733
18,008   11,427 6,581
5,036   4,013 1,023
426   333 93
3,510   2,740 770
7,301   8,678 -1,377
18,926   15,284 3,642
9   6 3
19   20 -1
19,027   14,753 4,274
3,044   2,636 408
17   17  
6,963   5,906 1,057
18   19 -1
28   38 -10
26,975   17,328 9,647
9   7 2
9   9  
896   588 308
11   5 6
8,424   7,186 1,238
19,500   16,452 3,048
5   4 1
      35,931
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       -158
b       4,532
c       -3,188
d       -367
e       -2,739
      1,323
      3,495
      -92
      948
      3,412
      4,986
      9,444
      1,438
      938
      533
      3,272
      9,465
      524
      2,167
      1,693
      795
      179
      2,533
      3,094
      1,844
      5,207
      1,098
      855
      9,063
      824
      1,284
      6,031
      1,805
      4,885
      6,371
      2,170
      1,920
      267
      4,580
      31,278
      9,392
      -181
      12
      1,526
      291
      672
      -1,928
      121
      7
      3,126
      -13
      7,732
      976
      2,278
      932
      4,605
      884
      2,015
      4,789
      6,201
      529
      1,906
      4,379
      4,451
      1,560
      382
      905
      1,121
      2,445
      542
      420
      722
      2,422
      1,359
      1,361
      1,081
      1,123
      5,250
      -9
      500
      100
      1,445
      3,482
      9,386
      42
      6,207
      2,867
      10,167
      2,268
      17,633
      1,139
      1,329
      655
      1,327
      -1,254
      2,150
      1,350
      -437
      -3,726
      2,729
      582
      479
      9,866
      74
      1,993
      427
      6,913
      3,827
      1,733
      6,581
      1,023
      93
      770
      -1,377
      3,642
      3
      -1
      4,274
      408
       
      1,057
      -1
      -10
      9,647
      2
       
      308
      6
      1,238
      3,048
      1
       
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 2 354,991
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 514,549 9,243,118 0.055668
2011 553,293 9,080,210 0.060934
2010 607,981 9,474,405 0.064171
2009 733,772 8,932,761 0.082144
2008 850,493 7,955,794 0.106902
2 Total of line 1, column (d) ...................... 2 0.369819
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 0.073964
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 9,706,029
5 Multiply line 4 by line 3....................... 5 717,897
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 4,760
7 Add lines 5 and 6......................... 7 722,657
8 Enter qualifying distributions from Part XII, line 4.............. 8 499,535
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 9,520
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 9,520
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 9,520
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 3,084
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 3,084
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 6,436
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)
    bulletOR
    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 ofbulletUS BANK Telephone no.bullet (503) 464-3580
    Located atbullet555 SW OAKPORTLANDOR ZIP+4bullet97204
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2013, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the
    foreign country bullet  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2013?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    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
    US BANK TRUSTEE
    1     		136,696    
    PO BOX 3168
    PORTLAND,OR97208
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3.........................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
    485,301
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    9,520
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    9,520
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    475,781
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    24,666
    5
    Add lines 3 and 4............................
    5
    500,447
    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
    500,447
    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 7 500,447
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 0
    b Total for prior years:2011, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008....... 457,881
    b From 2009....... 290,436
    c From 2010....... 118,768
    d From 2011....... 110,291
    e From 2012....... 54,628
    fTotal of lines 3a through e......... 1,032,004
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 499,535
    a Applied to 2012, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2013 distributable amount..... 499,535
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2013. 912 912
    (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 1,031,092
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		456,969
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		574,123
    10 Analysis of line 9:
    a Excess from 2009.... 290,436
    b Excess from 2010.... 118,768
    c Excess from 2011.... 110,291
    d Excess from 2012.... 54,628
    e Excess from 2013....  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2013, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2013 (b) 2012 (c) 2011 (d) 2010
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    WILLIAM DOLAN
    US BANK - PO BOX 3168
    PORTLAND,OR97208
    (503) 464-4909
    bThe form in which applications should be submitted and information and materials they should include:
    CONTACT ABOVE
    cAny submission deadlines:
    APRIL 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRADUATES OF GRESHAM, BARLOW, REYNOLDS OR CENTENNIAL HIGH SCHOOLS.
    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
    THE ART INSTITUTE OF
    PORTLAND
    1122 NW DAVIS ST
    PORTLAND,OR97209     		NONE PUBLIC SCHOLARSHIP 2,000
    BOISE STATE UNIVERSITY
    OFFICE OF FINANCIAL AID
    1910 UNIVERSITY DRIVE
    BOISE,ID83725     		NONE UNIVERSITY SCHOLARSHIPS 4,000
    CENTRAL WASHINGTON UNIV
    OFFICE OF FINANCIAL AID
    400 E UNIVERSITY WAY
    ELLENSBURG,WA98926     		NONE PUBLIC SCHOLARSHIP 2,000
    COLUMBIA UNIVERSITY
    100 HAMILTON HALL MC 2802
    1130 AMSTERDAM AVE
    NEW YORK,NY10027     		NONE UNIVERSITY SCHOLARSHIP 2,000
    CONCORDIA UNIVERSITY
    OFFICE OF FINANCIAL AID
    2811 NE HOLMAN ST
    PORTLAND,OR97211     		NONE UNIVERSITY SCHOLARSHIPS 28,000
    CORBAN UNIVERSITY
    5000 DEER PARK DR SE
    SALEM,OR97317     		NONE UNIVERSITY SCHOLARSHIPS 8,000
    CORNELL COLLEGE
    OFFICE OF FINANCIAL AID
    600 FIRST STREET WEST
    MT VERNON,IA52314     		NONE COLLEGE SCHOLARSHIPS 4,000
    EASTERN OREGON UNIV
    OFFICE OF FINANCIAL AID
    ONE UNIVERSITY BLVD
    LA GRANDE,OR97850     		NONE UNIVERSITY SCHOLARSHIPS 4,000
    GEORGE FOX UNIVERSITY
    OFFICE OF FINANCIAL AID
    414 N MERIDIAN ST 6129
    NEWBERG,OR97132     		NONE UNIVERSITY SCHOLARSHIPS 8,000
    GONZAGA UNIVERSITY
    OFFICE OF FINANCIAL AID
    502 E BOONE AVE
    SPOKANE,WA99258     		NONE UNIVERSITY SCHOLARSHIPS 10,000
    HARDING UNIVERSITY
    OFFICE OF FINANCIAL AID
    BOX 12282
    SEARCY,AZ72149     		NONE UNIVERSITY SCHOLARSHIPS 2,000
    LANE COMMUNITY COLLEGE
    FINANCIAL AID OFFICE
    4000 E 30TH AVE
    EUGENE,OR97405     		NONE COLLEGE SCHOLARSHIP 2,000
    LINFIELD COLLEGE
    OFFICE OF FINANCIAL AID
    900 SE BAKER ST
    MCMINNVILLE,OR97128     		NONE COLLEGE SCHOLARSHIPS 16,000
    MT HOOD COMMUNITY COLLEGE
    OFFICE OF FINANCIAL AID
    26000 SE STARK ST
    GRESHAM,OR97030     		NONE COLLEGE SCHOLARSHIPS 66,333
    OREGON INSTITUTE OF TECHNOLOGY
    OFFICE OF FINANCIAL AID
    3201 CAMPUS DRIVE
    KLAMATH FALLS,OR97601     		NONE SCHOOL SCHOLARSHIP 2,000
    OREGON STATE UNIVERSITY
    OFFICE OF FINANCIAL AID
    218 KERR ADMIN BLDG
    CORVALLIS,OR97331     		NONE UNIVERSITY SCHOLARSHIPS 98,000
    PACIFIC LUTHERN UNIVERSITY
    OFFICE OF FINANCIAL AID
    12180 PARK AVE S
    TACOMA,WA98447     		NONE UNIVERSITY SCHOLARSHIP 2,000
    PACIFIC UNIVERSITY
    OFFICE OF FINANCIAL AID
    2043 COLLEGE WAY
    FOREST GROVE,OR97116     		NONE UNIVERSITY SCHOLARSHIPS 8,000
    PENNSYLVANIA STATE UNIV
    OFFICE OF FINANCIAL AID
    314 SHIELDS BLDG
    UNIVERSITY PARK,PA16802     		NONE UNIVERSITY SCHOLARSHIP 2,000
    PORTLAND COMM COLLEGE
    PO BOX 19000
    PORTLAND,OR97280     		NONE COLLEGE SCHOLARSHIPS 4,000
    PORTLAND STATE UNIVERSITY
    FINANCIAL AID OFFICE
    PO BOX 851
    PORTLAND,OR97207     		NONE UNIVERSITY SCHOLARSHIPS 51,000
    SEATTLE PACIFIC UNIV
    OFFICE OF FINANCIAL AID
    3307 3RD AVE WEST
    SEATTLE,WA98119     		NONE UNIVERSITY SCHOLARSHIPS 8,000
    STANFORD UNIVERSITY
    OFFICE OF FINANCIAL AID
    355 GALVEZ ST
    STANFORD,CA94305     		NONE UNIVERSITY SCHOLARSHIPS 4,000
    UNIVERSITY OF ARKANSAS
    OFFICE OF FINANCIAL AID
    205 ADMINISTRATION
    FAYETTEVILLE,AR72701     		NONE UNIVERSITY SCHOLARSHIP 2,000
    UNIVERSITY OF HAWAII MANOA
    OFFICE OF FINANCIAL AID
    2600 CAMPUS ROAD
    HONOLULU,HI96822     		NONE UNIVERSITY SCHOLARSHIP 2,000
    UNIVERSITY OF IOWA
    OFFICE OF FINANCIAL AID
    208 CALVIN HALL
    IOWA CITY,IA52242     		NONE PUBLIC SCHOLARSHIP 2,000
    UNIVERSITY OF PORTLAND
    OFFICE OF FINANCIAL AID
    5000 N WILLAMETTE BLVD
    PORTLAND,OR97203     		NONE UNIVERSITY SCHOLARSHIPS 22,000
    UNIVERSITY OF PUGET SOUND
    1500 N WARNER ST CMB 1039
    TACOMA,WA98416     		NONE UNIVERSITY SCHOLARSHIP 2,000
    UNIVERSITY OF OREGON
    OFFICE OF FINANCIAL AID
    1278 UNIVERSITY OF OREGON
    EUGENE,OR97403     		NONE UNIVERSITY SCHOLARSHIPS 48,000
    VIRGINIA WESLEYAN COLLEGE
    OFFICE OF FINANCIAL AID
    1584 WESLEYAN DR
    NORFOLK,VA23502     		NONE COLLEGE SCHOLARSHIP 2,000
    WARNER PACIFIC COLLEGE
    OFFICE OF FINANCIAL AID
    2219 SE 68TH AVE
    PORTLAND,OR97215     		NONE COLLEGE SCHOLARSHIPS 4,000
    WESTERN OREGON UNIVERSITY
    OFFICE OF FINANCIAL AID
    345 N MONMOUTH AVE
    MONMOUTH,OR97361     		NONE UNIVERSITY SCHOLARSHIPS 30,000
    WHEATON COLLEGE
    OFFICE OF FINANCIAL AID
    501 COLLEGE AVE
    WHEATON,IL60187     		NONE COLLEGE SCHOLARSHIP 4,000
    WHITMAN COLLEGE
    OFFICE OF FINANCIAL AID
    345 BOYER AVE
    WALLA WALLA,WA99362     		NONE COLLEGE SCHOLARSHIPS 2,000
    WHITWORTH UNIVERSITY
    OFFICE OF FINANCIAL AID
    300 W HAWTHORNE RD
    SPOKANE,WA99251     		NONE UNIVERSITY SCHOLARSHIP 4,000
    WILLAMETTE UNIVERSITY
    OFFICE OF FINANCIAL AID
    900 STATE STREET
    SALEM,OR97301     		NONE UNIVERSITY SCHOLARSHIPS 4,000
    SYRACUSE UNIVERSITY
    OFFICE OF FINANCIAL AID
    200 ARCHBOLD NORTH
    SYRACUSE,NY13244     		NONE UNIVERSITY SCHOLARSHIP 2,000
    AZUSA PACIFIC UNIVERSITY
    OFFICE OF FINANCIAL AID
    PO BOX 7000
    AZUSA,CA91702     		NONE UNIVERSITY SCHOLARSHIP 2,000
    BRIGHAM YOUNG UNIV
    OFFICE OF FINANCIAL AID
    A-41 ASB
    PROVO,UT84602     		NONE UNIVERSITY SCHOLARSHIP 2,000
    NEW YORK UNIVERSITY
    OFFICE OF FINANCIAL AID
    726 BROADWAY 9TH FLOOR
    NEW YORK,NY10013     		NONE UNIVERSITY SCHOLARSHIP 2,000
    SEATTLE UNIVERSITY
    OFFICE OF FINANCIAL AID
    901 12TH AVE
    SEATTLE,WA98122     		NONE UNIVERSITY SCHOLARSHIP 2,000
    THE BOSTON CONSERVATORY
    OFFICE OF FINANCIAL AID
    8 THE FENWAY
    BOSTON,MA02215     		NONE UNIVERSITY SCHOLARSHIP 2,000
    BROWN UNIVERSITY
    OFFICE OF FINANCIAL AID
    164 ANGELL ST
    PROVIDENCE,RI02912     		NONE UNIVERSITY SCHOLARSHIP 2,000
    CALIFORNIA STATE UNIVERSITY
    EAST BAY
    25800 CARLOS BEE BLVD
    HAYWARD,CA94542     		NONE UNIVERSITY SCHOLARSHIP 2,000
    NORTHWEST UNIVERSITY
    OFFICE OF FINANCIAL AID
    PO BOX 579
    KIRKLAND,WA98083     		NONE UNIVERSITY SCHOLARSHIP 2,000
    PHAGANS SCHOOL OF BEAUTY
    OFFICE OF FINANCIAL AID
    1542 NE WEIDLER
    PORTLAND,OR97232     		NONE SCHOOL SCHOLARSHIP 2,000
    UNIVERSITY OF COLORADO DENVER
    OFFICE OF FINANCIAL AID
    PO BOX 1733664
    DENVER,CO80217     		NONE UNIVERSITY SCHOLARSHIP 2,000
    UNIVERSITY OF HAWAII AT HILO
    200 W KAWILI ST
    HILO,HI96720     		NONE UNIVERSITY SCHOLARSHIP 2,000
    UNIVERSITY OF NEVADA RENO
    1664 N VIRGINIA STREET
    RENO,NV89557     		NONE UNIVERSITY SCHOLARSHIP 2,000
    CHEMEKETA COMM COLLEGE
    FINANCIAL AID OFFICE
    PO BOX 14007
    SALEM,OR97309     		NONE PUBLIC SCHOLARSHIP 1,333
    IDAHO STATE UNIVERSITY
    741 SOUTH 7TH AVE
    POCATELLO,ID83209     		NONE UNIVERSITY SCHOLARSHIP SUPPORT 2,000
    NORTHWESTERN UNIVERSITY
    OFFICE OF FINANCIAL AID
    EVANSTON,IL60208     		NONE SCHOOL SCHOLARSHIP SUPPORT 2,000
    TEXAS CHRISTIAN UNIV
    FINANCIAL AID OFFICE
    FORT WORTH,TX76129     		NONE SCHOOL SCHOLARSHIP SUPPORT 2,000
    Total .................................bullet 3a 498,666
    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 ............     		         
    4 Dividends and interest from securities....     14 248,662  
    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 .............     		    18 354,991  
    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)..   603,653  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13603,653
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2013)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2013 AccountingFeesSchedule
    Name:
    DALE KRUEGER SCHOLARSHIP FUND 97350810
    EIN: 93-6331222
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,500     1,500

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    DALE KRUEGER SCHOLARSHIP FUND 97350810
    EIN: 93-6331222
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMER CENT DIVERSIFIED BOND 603,354 587,033
    NUVEEN HIGH INCOME BOND FD 424,283 464,356
    T ROWE PRICE INTL BOND FD #76 609,018 605,116
    DRIEHAUS ACTIVE INCOME FD #640 538,916 556,965
    NUVEEN INFLATION PRO SEC 392,640 384,032
    PIMCO TOTAL RETURN FUND #35 779,973 767,260

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    DALE KRUEGER SCHOLARSHIP FUND 97350810
    EIN: 93-6331222
    Name of Stock End of Year Book Value End of Year Fair Market Value
    SONOVA HLDG UNSPON ADR 11,977 19,170
    ABAXIS INC 16,059 18,395
    ABBOTT LABORATORIES 3,363 4,549
    AMERICAN EXPRESS CO 11,623 17,160
    AMERISOURCESBERGEN CORP 9,325 18,074
    ANSYS INC 21,117 23,621
    APPLE INC 70,558 76,958
    APTAR GROUP INC 13,763 15,031
    ATHENAHEALTH INC 916 1,368
    ATT INC 10,850 10,784
    BEACON ROOFING SUPPLY INC 1,232 1,299
    BERKSHIRE HATHAWAY INC 35,975 53,935
    BLACKROCK INC 12,532 22,245
    BUCKLE INC 8,901 10,324
    CABOT MICROELECTRONICS CORP 4,139 5,546
    CACI INTERNATIONAL INC 1,140 1,380
    CATERPILLAR INC 528 605
    CHEMED CORP 2,241 3,667
    CHEVRON CORP 20,933 25,460
    CHURCH AND DWIGHT CO INC 9,310 10,526
    COCA COLA COMPANY 431 432
    COCA COLA ENTERPRISES INC 9,918 15,817
    COGNIZANT TECH SOLUTIONS 26,961 43,753
    CONCUR TECHNOLOGIES INC 1,703 2,324
    COSTAR GROUP INC 4,059 6,899
    CULLEN FROST BANKERS INC 14,189 19,025
    CUMMINS INC 20,716 28,854
    DONALDSON CO INC 9,597 10,978
    DRESSER RAND GROUP INC 5,484 6,963
    E M C CORPORATION 16,427 18,957
    EATON CORP PLC 15,992 21,055
    EMERSON ELEC CO 10,196 14,130
    EQUITABLE CORP 10,486 17,920
    EXPRESS SCRIPTS HLDGS 29,203 37,123
    F M C CORPORATION 10,796 12,848
    FASTENAL CO 1,448 1,552
    FIDELITY NATL INFO SVCS INC 10,298 16,751
    FISERV INC 5,973 10,114
    FORRESTER RESH INC 13,592 18,412
    FOSSIL GROUP INC 2,845 3,920
    GILEAD SCIENCES INC 13,894 49,254
    GOOGLE INC 19,169 36,837
    GRAINGER W W INC 8,871 10,817
    HAIN CELESTIAL GROUP INC 9,227 14,108
    HEXEL CORP NEW 9,306 13,000
    HORMEL FOODS CORP 7,374 10,953
    IDEXX LABS INC 6,981 8,216
    INTL BUSINESS MACHINES CORP    
    ITC HLDGS CORP 12,203 18,736
    J P MORGAN CHASE CO 17,112 28,489
    KINDER MORGAN INC 14,306 15,471
    KINDER MORGAN MGMT LLC 6,774 7,770
    KIRBY CORP 5,774 14,092
    LINCOLN ELEC HLDGS INC 5,716 8,571
    LINEAR TECHNOLOGY CORP 4,617 6,400
    LKQ CORP 3,414 5,205
    LORILLARD INC 453 605
    M D U RES GROUP INC 4,524 6,428
    MAXIMUS INC 4,816 7,528
    MCCORMICK CO INC 13,157 14,077
    MEDNAX INC 3,139 5,445
    MICROCHIP TECHNOLOGY INC 3,029 4,277
    MICROS SYS INC 9,283 12,106
    MICROSOFT CORP 13,740 18,429
    MOBILE MINI INC 2,067 5,437
    MOTOROLA SOLUTIONS INC 12,240 16,111
    MYLAN INC 9,176 20,686
    NATIONAL INSTRS CORP 1,721 2,006
    NATIONAL OILWELL VARCO INC 14,855 19,855
    NY COMMUNITY BANCORP INC    
    NEXTERA ENERGY INC 20,972 28,636
    O REILLY AUTOMOTIVE INC 9,634 16,650
    OIL STATES INTL INC 2,793 4,352
    ONEOK INC 4,846 6,443
    PACCAR INC 7,058 11,333
    PANERA BREAD COMPANY 1,124 1,178
    PATTERSON COMPANIES INC 1,197 1,326
    PERRIGO CO 22,070 21,815
    PETSMART INC 9,332 9,335
    PFIZER INC 19,052 23,993
    PHILIP MORRIS INTL 13,597 12,548
    PORTFOLIO RECOVERY ASSOC 2,232 4,422
    POWER INTEGRATIONS INC 3,315 4,576
    PROCTER & GAMBLE CO 8,920 11,211
    QUALCOMM INC 50,584 65,758
    ROCKWOOD HLDGS INC 2,842 5,210
    ROLLINS INC 5,474 6,851
    ROPER INDS INC 10,748 15,560
    ROSS STORES INC 11,596 11,270
    SCHWAB CHARLES CORP 12,597 27,056
    SEMTECH CORP 2,788 2,479
    SIGMA ALDRICH CORP 9,732 13,155
    SIGNATURE BK 8,446 15,671
    SKYWORKS SOLUTIONS INC 9,182 16,802
    SOUTHERN COPPER CORP 11,544 12,158
    STERICYCLE INC 25,279 32,001
    T ROWE PRICE GROUP INC 6,654 8,232
    TECHNE CORP 16,971 19,504
    TERDATA CORP    
    TIME WARNER CABLE INC 13,909 24,522
    UNION PACIFIC CORP 16,011 26,544
    V F CORP 16,084 29,165
    VARIAN MED SYS INC 18,834 25,138
    VERISK ANALYTICS INC 28,491 34,103
    VISA INC 17,141 28,486
    WABTEC CORP 9,420 19,363
    WATERS CORP 5,216 6,724
    WELLS FARGO CO 17,677 27,028
    YUM BRANDS INC 7,719 8,050
    ACCENTURE PLC 15,258 19,899
    ADIDAS AG A D R 8,446 9,098
    AGRIUM INC 1,015 1,002
    AIA GROUP LTD ADR 15,063 22,642
    AIR LIQUIDE S A A D R 23,514 29,017
    ALLIANZ SE A D R 14,489 24,529
    AMADEUS IT HLDG UNSP A D R 14,135 27,390
    AMERICA MOVIL A D R 86 94
    ANHEUSER BUSCH INBEV NV A D R 15,003 20,624
    ARM HLDGS PLC A D R 12,608 22,192
    ASAHI KASEI CORP A D R 11,401 16,467
    ATLAS COPCO AB SPONS A D R 10,568 14,435
    B G GROUP P L C A D R 8,226 8,628
    BUNGE LIMITED 8,788 10,722
    CANADIAN NATL RY CO 13,906 21,790
    CORE LABORATORIES N V 8,999 11,422
    CSL LIMITED A D R 7,196 11,188
    DAIMLER AG 14,038 25,409
    DASSAULT SYSTEMES SA A D R 21,386 30,436
    DBS GROUP HLDGS LTD 21,336 27,912
    DEUTSCHE BOERSE AG UNSPN A D R 16,482 22,349
    DEUTSCHE POST AG A D R 1,641 2,971
    DEUTSCHE TELEKOM AG A D R 6,936 10,455
    DIAGEO PLC SPONSORED A D R 11,514 13,465
    ERSTE GROUP BANK AG A D R 6,222 8,495
    EUROPEAN AERO DEFENSE SPACE CO    
    FANUC CORPORATION A D R 17,026 17,431
    FRESENIUS MED CARE 6,914 7,407
    GEA GROUP AG SPON A D R 14,759 23,794
    HEINEKEN N V A D R 14,757 19,803
    HSBC HOLDINGS PLC SPONS A D R 7,366 8,916
    I C I C I BANK LIMITED A D R 9,341 13,956
    IMPERIAL OIL LTD 9,012 10,833
    ITAU UNIBANCO HLDGS SA A D R 15,064 17,541
    JGC CORP UNSPONSORED A D R 3,440 2,790
    JULIUS BAER GROUP LTD A D R 13,320 15,688
    KAO CORP A D R 13,800 20,550
    KOMATSU LTD A D R 8,214 7,380
    LONZA GROUP AG UNSPON A D R 2,397 6,166
    LOREAL CO UNSPONSORED ADR 14,812 21,789
    LVMH MOET HENNESSY LOU VUITT 14,689 15,919
    MARKS & SPENCER PLC A D R 5,968 8,416
    MTN GROUP LTD A D R 5,550 6,363
    NESTLE SA SPONSORED A D R 24,164 29,808
    NISSAN MTR LTD ADR 1,900 1,986
    NOKIAN TYRES OYJ UNSPON A D R 11,195 9,700
    NOVARTIS AG A D R 8,953 13,650
    NOVO NORDISK AS A D R 16,976 26,479
    OAO GAZPROM SPON A D R 5,909 4,486
    PETROLEO BRASILEIRO SPON ADR 1,935 1,929
    PORSCHE AUTOMOBIL HLDG SE ADR 13,887 25,034
    QIAGEN NV 1,441 2,052
    REPSOL SA SPONSORED ADR 14,098 21,868
    ROCHE HLDG LTD A D R 24,890 42,210
    ROYAL DUTCH SHELL A D R 1,764 2,154
    ROYAL DUTCH SHELL PLC A D R 19,791 23,813
    SAFRAN SA UNSPON A D R 1,637 2,677
    SAP AG A D R 32,376 43,013
    SASOL LTD SPONSORED A D R 7,055 9,487
    SCHUMBERGER LTD 38,858 63,625
    SCHNEIDER ELECT SA UNSP A D R 10,838 16,668
    SEADRILL LIMITED 15,898 15,991
    SECOM COMPANY LIMITED A D R 11,783 15,423
    SILICONWARE PRECISION IND CO 1,450 1,749
    SINGAPORE TELECOMMUNICATIONS 4,842 5,837
    SONY FINANCIAL HOLD A D R 9,360 9,484
    SUNCOR ENERGY INC 13,076 17,824
    SWATCH GROUP AG A D R 11,593 15,602
    SWISS RE LTD SPN A D R 15,046 20,479
    SYNGENTA A G A D R 7,125 7,449
    SYSMEX CORP UNSPON A D R 8,441 16,210
    TAIWAN SEMICONDUCTOR A D R 21,648 26,400
    TECHNIP-COFLEXIP A D R 9,312 7,570
    TESCO PLC A D R 18,640 16,179
    TEVA PHARMACEUTICAL INDS LTD 39,070 53,340
    TOKYO ELECTRON LTD ADR 4,102 5,233
    TOTO LTD 3,877 6,665
    TURKIYE GARANTI BANKASI AS ADR 13,092 13,687
    UNI CHARM CORPORATION A D R 20,281 21,956
    UNILEVER N V A D R 4,087 5,018
    UNILEVER PLC SPSD ADR 8,572 10,937
    VODAFONE GROUP PLC A D R 5,734 3,654
    WPP PLCSPONSORED A D R 18,371 29,350
    IPATH DOW JONES UBS COMMODITY 318,806 287,748
    NUVEEN REAL ESTATE SECS 200,566 254,820
    HIGHLAND LONG SHORT EQ FND 456,192 485,104
    AAON INC 10,409 19,090
    AARONS INC 7,293 6,542
    ABBVIE INC 11,547 17,900
    ALLIANCE DATE SYSTEMS 9,040 12,328
    APOGEE ENTERPRISES 4,165 4,575
    ASTEC INDUSTRIES 5,934 6,569
    ASTRONICS CORP 3,907 9,454
    ATRION CORP 2,709 3,372
    BADGER METER 1,837 1,896
    BALCHEM 3,335 4,350
    BLACKBAUD 5,063 6,645
    C J ENERGY SERVICES 4,572 7,130
    CABELAS INC 4,727 5,486
    CAL MAINE FOODS 6,252 10,680
    CARBO CERAMICS 7,928 14,820
    CINTAS CORP 6,536 7,950
    COACH INC 18,138 12,925
    COHEN & STEERS 6,566 7,596
    COMPUTER PROGRAMS & SYSTEMS 20,700 26,262
    COOPER COS 11,742 15,444
    COPART INC 8,692 8,278
    CPI AEROSTRUCTURES 1,774 2,015
    CUBIC CORP 4,042 3,947
    CVS CAREMARK 12,158 16,188
    DAWSON GEOPHYSICAL 39 25
    DRIL QUIP 7,102 8,162
    EAGLE MATERIALS 4,200 5,540
    EQUIFAX 6,254 7,685
    F E I CO 7,612 8,656
    FACTSET RESEARCH SYSTEMS 12,123 13,935
    FAMILY DOLLAR STORES 14,010 19,061
    FIRST LONG ISLAND CORP 2,387 2,216
    FLIR SYSTEMS 14,998 18,537
    FLOWERS FOODS 11,050 11,282
    FOSTER L B CO 11,989 12,549
    KINDER MORAN MGMT LLC FRAC 36 42
    GORMAN RUPP 15,658 19,040
    GRAHAM CORP 4,075 4,735
    GRANITE CONSTRUCTION 18,740 16,535
    GULF IS FABRICATION 8,467 6,494
    GULFMARK OFFSHORE 8,769 8,190
    H E I C O CORP 6,438 8,344
    HARDINGE 6,342 5,691
    HARRIS TEETER SUPERMARKETS    
    HAWKINS INC 4,580 4,042
    HEARTLAND EXPRESS 13,630 21,589
    HIBBETT SPORTS 18,973 17,818
    HITTITE MICROWAVE    
    HUBBELL INC 8,555 9,706
    HUNT J B TRANS SVCS 7,797 8,267
    ICU MED 2,674 2,680
    INGREDION INC 10,732 11,634
    J & J SNACK FOODS 16,803 21,622
    JACK HENRY & ASSOCIATES 9,530 12,604
    JARDEN CORP 9,308 12,969
    JOHNSON OUTDOORS 3,686 3,874
    JOS A BANK CLOTHIERS    
    K M G CHEMICALS 4,679 3,891
    L S I INDUSTRIES 561 514
    LAKELAND INDUSTRIES 2,073 2,417
    LOWES CO 15,146 18,470
    M F R I INC 3,277 4,283
    M T BANK CORP 20,159 21,506
    MARCUS CORP 693 954
    MARTEN TRANSPORTATION LTD 4,649 6,699
    ACCOR SA ADR 8,067 10,701
    ACE LTD 8,262 8,709
    ASTRAZENECA PLC SPSD ADR 37,010 59,324
    BAIDU COM INC ADR 7,704 18,364
    BANCO BILBAO VIZCAYA ARGEN ADR 16,552 17,304
    BAYERISCHE MOTOREN WERKE ADR 11,370 12,761
    BRITISH AMERN TOB PLC ADR 41,379 45,551
    CAPGEMINI SA ADR 9,511 13,911
    CHECK POINT SOFTWARE TECH LTD 12,570 17,035
    CITY TELECOM HK LTD ADR 2,072 2,078
    CLICKSOFTWARE TECHNOLOGIES 140 129
    COMPANHIA PARANAENSE ENER ADR 4,052 5,035
    COVINDIEN PLC 10,001 14,707
    DELHAIZE GROUP SPONS ADR 21,997 24,605
    DR REDDYS LABORATORIES LTD ADR 9,468 10,919
    FLY LEASING LTD ADR 36,382 39,516
    GIANT INTERACTIVE GROUP ADR    
    GRUPO SIMEC ADR 2,294 2,362
    HIMAX TECHNOLOGIES INC ADR 1,111 2,302
    HONG KONG EXCHANGES ADR 4,305 6,077
    ICAP PLC ADR 9,325 9,603
    INDUSTRIAS BACHOCO SAB DE ADR 35,568 54,628
    INFINEON TECHNOLOGIES AG ADR 4,989 6,187
    KONINKLIJKE DSM NV ADR 9,266 8,809
    LG DISPLAY CO LTD ADR 7,397 10,075
    MELCO CROWN ENTERTAINMENT ADR 5,355 9,296
    MITSUBISHI ESTATE LTD ADR 16,547 15,774
    MITSUI & CO LTD SPSD ADR 9,573 11,610
    MIZUHO FNL GRP ADR 377 330
    NATIONAL GRID PLC SP ADR 26,107 34,387
    NIDEC CORPORATION ADR 13,760 25,781
    NIPPON TELEGRAPH TELE ADR 47,479 66,320
    NTT DOCOMO INC ADR 26,170 28,819
    ORIX CORP SPONS ADR 26,591 38,272
    POTASH CORP OF SASKATCHEWAN    
    PT INDOSAT ADR 594 204
    SANOFI ADR 3,150 3,345
    SHIRE PLC ADR 23,875 49,300
    SMITH & NEPHEW PLC ADR 28,000 41,830
    SOFTWARD AG SPONSORED ADR    
    SUMITOMO MITSUI FINL GROUP ADR 37,108 33,562
    TOTAL SA ADR 9,395 11,159
    TOYOTA MTR CORP ADR 34,305 39,173
    TRINITY BIOTECH PLC SPON ADR 12,197 12,777
    WACOAL HOLDINGS CORP ADR 7,311 7,540
    WNS HOLDINGS LTD ADR 11,555 12,211
    XINYI GLASS HOLDINGS LTS ADR 1,669 1,088
    XINYUAN REAL ESTATE CO LTD ADR 11,426 9,262
    MERCADOLIBRE INC 20,410 22,200
    MERIT MED SYS 2,336 2,157
    MINE SAFETY APPLIANCES CO    
    MONARCH CASINO & RESORT 1,852 2,259
    MONRO MUFFLER BRAKE 25,128 32,302
    MONSTER BEVERAGE CORP 13,411 17,077
    MORNINGSTAR INC 13,573 13,087
    NATIONAL PRESTO INDS 5,674 4,808
    NVE CORP 14,799 17,782
    OCEANEERING INTERNATIONAL 9,532 9,915
    OLD DOMINION FGHT LINE 2,225 3,237
    OMEGA FLEX 4,264 4,692
    PACKAGING CORP AMERICA 8,472 9,196
    PHILLIPS 66 11,617 14,681
    POOL CORPORATION 16,199 18,892
    POWELL INDS 4,928 4,614
    PRICE SMART 12,070 13,415
    PRICELINE COM 14,666 26,091
    RAYMOND JAMES FINL 8,687 10,088
    RPC ENERGY SVCS 2,706 3,600
    SCANSOURCE 10,900 12,748
    SCHEIN HENRY 9,923 11,160
    SIFCO INDS 3,491 5,878
    SIRONA DENTAL SYSTEMS 16,010 18,125
    SMITH A O CORP 8,154 10,181
    SPAN AMERICA MEDICAL SYS 4,707 4,876
    STEPAN CO 64 48
    STURM RUGER & CO 29,147 27,128
    SUN HYDRAULICS CORP 5,871 7,405
    SYNALLOY CORP 4,869 5,508
    TEXAS ROADHOUSE 8,729 8,161
    THOR INDUSTRIES 2,422 2,172
    TIBCO SOFTWARE 10,759 8,762
    UNIT CORP 17,621 23,946
    UNITED THERAPEUTICS CORP 8,626 13,732
    UTAH MED PRODS 17,152 20,232
    VALUE LINE 825 1,386
    WEIS MKTS 5,768 5,290
    WERNER ENTERPRISES 2,259 2,384
    WHIRLPOOL CORP 9,139 9,985
    WOLVERINE WORLD WIDE 8,623 7,375
    ZEP INC 1,381 1,559
    BALDWIN LYONS INC 1,056 939
    BANK OF NEW YORK MELLON CORP 10,883 13,430
    CAMDEN PPTY TR 23,856 26,194
    CARTERS INC 11,601 11,867
    CIVED CORP 2,087 3,607
    CLARCOR INC 11,525 11,625
    COLUMBUS MCKINNON CORP 487 442
    ESPEY MFG & ELECTRONICS CORP 758 561
    HINGHAM INSTITUTION FOR SAVING 1,691 1,899
    HONEYWELL INTERNATIONAL INC 4,341 4,683
    KOSS CORP 887 437
    M K S INSTRUMENTS INC 1,736 1,875
    MSA SAFETY INC 5,862 6,110
    OIL DRI CORP AMER 35 29
    NEW YORK COMMUNITY BANCORP INC 6,546 8,083
    NOW INC DE W I 1,664 1,964
    ONE GAS INC W I 704 900
    PIKE CORPORATION 1,078 782
    SANDERSON FARMS INC 1,881 2,824
    DOUBLELINE TOTAL RET BD I 508,114 506,263
    POSCO ADR 1,742 1,859
    STARRETT L S CO 1,468 1,942
    TUPPERWARE BRANDS CORP 5,361 4,148
    UNITED HEALTH GROUP INC 6,377 7,538
    VERIZON COMMUNICATIONS INC 2,550 2,672
    AIRBUS GROUP NV A D R 7,359 12,039
    BARCLAYS PLC A D R 7,759 6,618
    CHUNGHWA TELECOM CO LTD A D R 3,877 3,783
    HITACHI LTD 15,011 18,749
    INFOSYS TECHNOLOGIES SP A D R 4,606 4,605
    KONINKIJKE PHILIPS NVR NY A D 8,537 7,392
    SEVEN & I HLDGS UNSPN A D R 10,933 12,086
    VISTAPRINT NV 11,719 10,394
    WESTPAC BANKING CORP SP ADR 4,001 3,827
    TWIN DISC INC 5,283 5,797

    TY 2013 OtherDecreasesSchedule
    Name:
    DALE KRUEGER SCHOLARSHIP FUND 97350810
    EIN: 93-6331222
    Description Amount
    ADJUSTMENT FOR ROUNDING 8


    TY 2013 OtherExpensesSchedule
    Name:
    DALE KRUEGER SCHOLARSHIP FUND 97350810
    EIN: 93-6331222
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR FEES 1,806 0   1,806
    STATE CHARITABLE FILING FEE 986 0   986
    WEBSITE MAINTENANCE 1,723 0   1,723


    TY 2013 OtherIncreasesSchedule
    Name:
    DALE KRUEGER SCHOLARSHIP FUND 97350810
    EIN: 93-6331222
    Description Amount
    RETURNED SCHOLARSHIPS P/Y 5,999


    TY 2013 TaxesSchedule
    Name:
    DALE KRUEGER SCHOLARSHIP FUND 97350810
    EIN: 93-6331222
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 6,000 6,000   0