Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
WALDO T ROSS & RUTH S ROSS CHARITABLE TRUST
 

Number and street (or P.O. box number if mail is not delivered to street address)GLENS FALLS NATL BK TR PO BOX 216   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GLENS FALLS, NY12801
A Employer identification number

27-6594166
B Telephone number (see instructions)

(518) 745-1000
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$5,919,400J 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 158 125  
4 Dividends and interest from securities...... 140,087 140,828  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 130,062
b Gross sales price for all assets on line 6a 2,457,159
7 Capital gain net income (from Part IV, line 2)... 130,274
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........ 270,307 271,227  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 29,518 26,566   2,952
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).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions) Click to see attachment 4,816 462   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications.......... 27 0 0 27
23 Other expenses (attach schedule)....... Click to see attachment 19,889     19,889
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 54,250 27,028 0 22,868
25 Contributions, gifts, grants paid........ 210,000 210,000
26 Total expenses and disbursements. Add lines 24 and 25 264,250 27,028 0 232,868
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 6,057
b Net investment income (if negative, enter -0-) 244,199
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...............   9,648 9,648
2 Savings and temporary cash investments.......... 444,571 186,198 186,198
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 50,750    
b Investments—corporate stock (attach schedule)........ 3,454,493 Click to see attachment1,718,037 2,508,964
c Investments—corporate bonds (attach schedule)........ 799,713 Click to see attachment840,439 872,568
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........   Click to see attachment1,969,263 2,342,022
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) 4,749,527 4,723,585 5,919,400
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......... 4,749,527 4,643,392
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds   80,193
30 Total net assets or fund balances (see page 17 of the
instructions).................... 4,749,527 4,723,585
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 4,749,527 4,723,585
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 4,749,527
2 Enter amount from Part I, line 27a..................... 2 6,057
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 4,755,584
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 31,999
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 4,723,585
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 11938.873 PIMCO LOW DURATION FUND-INST   2012-11-09 2013-01-30
b 5528.749 PERMANENT PORTFOLIO     2013-01-30
c 320. ABBOTT LABORATORIES   1994-12-07 2013-02-15
d 320. ABBVIE INC   1994-12-07 2013-02-15
e 20. AMAZON.COM INC   2011-04-21 2013-02-15
10. AMERICAN EXPRESS CO   2007-06-12 2013-02-15
10. AMERICAN TOWER CORP REIT   2012-07-11 2013-02-15
30. AMGEN INC   2011-04-21 2013-02-15
40. ANADARKO PETROLEUM CORP   2011-04-21 2013-02-15
75. APACHE CORP   2012-07-11 2013-02-15
110. APACHE CORP   2011-04-21 2013-02-15
320. BANK OF NEW YORK MELLON CORP   2007-06-12 2013-02-15
170. BERKSHIRE HATHAWAY INC-CL B   2011-04-21 2013-02-15
20. CVS CORP   2011-04-21 2013-02-15
90. CATERPILLAR INC   2010-12-16 2013-02-15
50. CHEVRONTEXACO CORP   2007-06-12 2013-02-15
510. CISCO SYSTEMS   2012-07-11 2013-02-15
130. COMCAST CORP-CL A   2011-04-21 2013-02-15
10. CONOCOPHILLIPS   2009-08-10 2013-02-15
10. COSTCO WHOLESALE CORP NEW   2007-06-12 2013-02-15
20. DEERE & CO   2011-04-21 2013-02-15
220. WALT DISNEY CO.   2007-06-12 2013-02-15
20. DOW CHEMICAL CO   2012-04-26 2013-02-15
220. EMC CORP   2011-04-21 2013-02-15
140. EBAY INC   2011-04-21 2013-02-15
50. EMERSON ELECTRIC CO   2007-06-12 2013-02-15
70. EXXON MOBIL CORP   2007-07-31 2013-02-15
10. FEDEX CORP COM   2011-04-21 2013-02-15
470. FIRSTENERGY CORP     2013-02-15
1020. FORD MOTOR CO DEL   2011-04-21 2013-02-15
120. FREEPORT-MCMORAN COPPER AND GOLD INC   2009-07-08 2013-02-15
440. GENERAL ELECTRIC CO   2011-04-21 2013-02-15
40. GENERAL MILLS INC   2011-04-21 2013-02-15
210. GILEAD SCIENCES INC   2012-07-11 2013-02-15
30. GOLDMAN SACHS GROUP INC   2011-04-21 2013-02-15
20. GOOGLE INC CL A   2012-01-26 2013-02-15
65. HALLIBURTON CO   2012-07-11 2013-02-15
235. HALLIBURTON CO   2011-04-21 2013-02-15
90. HOME DEPOT   2009-08-10 2013-02-15
60. HONEYWELL INTERNATIONAL INC   2011-04-21 2013-02-15
10. INTL BUSINESS MACHINES   2007-07-31 2013-02-15
220. JP MORGAN CHASE & CO   2010-02-01 2013-02-15
180. JOHNSON & JOHNSON   1994-12-07 2013-02-15
10. KIMBERLY-CLARK CORP   2012-01-26 2013-02-15
130. MCDONALDS CORP   2007-07-31 2013-02-15
70. MEDTRONIC, INC   1994-12-07 2013-02-15
30. METLIFE INC   2011-04-21 2013-02-15
130. MONDELEZ INTERNATIONAL INC   2011-04-21 2013-02-15
10. MONSANTO CO   2011-04-21 2013-02-15
160. NATIONAL-OILWELL INC   2012-01-26 2013-02-15
130. NEWS CORP INC CL A   2011-04-21 2013-02-15
40. NIKE INC CL B   2011-04-21 2013-02-15
180. ORACLE CORP   2007-07-31 2013-02-15
435.875 OPPENHEIMER DEVELOPING MKT-Y   2009-06-11 2013-02-15
4576.076 PIMCO LOW DURATION FUND-INST   2012-11-09 2013-02-15
60. PEPSICO INC   1994-12-07 2013-02-15
1085.79 PERMANENT PORTFOLIO   2012-11-09 2013-02-15
260. PFIZER INC   2011-04-21 2013-02-15
2129.518 PIMCO COMMODITY RR STRAT INS   2012-02-07 2013-02-15
90. PROCTER & GAMBLE CO   2007-07-31 2013-02-15
70. QUALCOMM INCORPORATED   2011-04-21 2013-02-15
190. SCHLUMBERGER LTD   2011-04-21 2013-02-15
30. SOUTHERN CO   2012-07-11 2013-02-15
460. SOUTHERN CO   2011-04-21 2013-02-15
10. STARBUCKS CORP   2012-01-26 2013-02-15
10. TARGET CORP   2007-06-12 2013-02-15
340. TEXAS INSTRUMENTS INC   2012-07-11 2013-02-15
310. TEXAS INSTRUMENTS INC   2011-04-21 2013-02-15
30. 3M COMPANY   2009-08-10 2013-02-15
110. TIME WARNER INC   2010-02-01 2013-02-15
340. U.S. BANCORP     2013-02-15
20. UNION PACIFIC CORP   2011-04-21 2013-02-15
70. UNITED PARCEL SERVICE   2011-04-21 2013-02-15
50. UNITED TECHNOLOGIES CORP   2007-06-12 2013-02-15
90. VERIZON COMMUNICATIONS INC   2007-06-12 2013-02-15
40. VISA INC CL A   2012-01-26 2013-02-15
170. WALMART STORES INC     2013-02-15
40. WELLS FARGO & CO NEW   2010-02-01 2013-02-15
4713.706 OPPENHEIMER DEVELOPING MKT-Y     2013-04-18
.7778 CST BRANDS INC   2013-02-15 2013-05-14
16629.501 PIMCO COMMODITY RR STRAT INS   2012-02-07 2013-05-14
37. CST BRANDS INC   2013-02-15 2013-05-15
95. CATERPILLAR INC   2012-07-11 2013-05-22
75. CATERPILLAR INC   2010-12-16 2013-05-22
115. DEERE & CO   2011-04-21 2013-05-22
280. EMC CORP   2011-04-21 2013-05-22
390. EMC CORP   2012-07-11 2013-05-22
10. EMERSON ELECTRIC CO   2012-07-11 2013-05-22
175. EMERSON ELECTRIC CO   2007-06-12 2013-05-22
205. FREEPORT-MCMORAN COPPER AND GOLD INC   2009-07-08 2013-05-22
185. FREEPORT-MCMORAN COPPER AND GOLD INC   2012-07-11 2013-05-22
375. U.S. BANCORP   2011-04-21 2013-05-22
260. U.S. BANCORP   2012-07-11 2013-05-22
235. YUM! BRANDS INC   2012-07-11 2013-05-22
2235.977 PERMANENT PORTFOLIO   2012-11-09 2013-05-29
115. MONSANTO CO   2011-04-21 2013-05-30
236.773 T ROWE PRICE REAL ESTATE FUND   2013-01-30 2013-05-31
4233.5 T ROWE PRICE REAL ESTATE FUND   2012-03-29 2013-05-31
18399.264 VANGUARD TOTL BD MKT IDX   2013-01-30 2013-05-31
.5 NEWS CORP/NEW CL A   2011-04-21 2013-07-12
215. AMERICAN TOWER CORP REIT   2012-07-11 2013-07-22
420. BANK OF NEW YORK MELLON CORP     2013-07-22
135. GOLDMAN SACHS GROUP INC     2013-07-22
112. NEWS CORP/NEW CL A   2011-04-21 2013-07-22
330. PRUDENTIAL FINL INC     2013-07-22
50. PRUDENTIAL FINL INC   2013-02-15 2013-07-22
190. ACTAVIS INC   2013-02-15 2013-10-01
165. SIMON PROPERTY GROUP INC REIT     2013-10-16
902. BROADCOM CORP     2013-11-05
4824.31 T ROWE PRICE NEW ASIA FUND     2013-12-11
5086.074 T ROWE PRICE NEW ASIA FUND   2012-09-06 2013-12-11
820. KB HOME COM   2013-02-15 2013-12-26
8957.41 NUVEEN PREFERRED SECURIT-I     2013-12-26
4374.24 NUVEEN PREFERRED SECURIT-I   2010-12-16 2013-12-26
270. NOBLE CORPORATION PLC   2013-02-15 2013-12-26
8898.279 VANGUARD TOTAL BD MKT IDX ADM   2013-01-30 2013-12-27
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 125,000   127,149 -2,149
b 275,000   270,316 4,684
c 11,152   8,289 2,863
d 11,949   8,988 2,961
e 5,285   3,671 1,614
614   452 162
748   699 49
2,500   1,736 764
3,273   2,988 285
5,752   8,085 -2,333
8,436   11,858 -3,422
8,889   8,603 286
16,887   14,025 2,862
1,018   739 279
8,580   7,955 625
5,705   4,169 1,536
10,644   8,425 2,219
5,326   3,273 2,053
568   394 174
1,018   716 302
1,792   1,898 -106
12,131   7,282 4,849
641   662 -21
5,262   5,815 -553
7,908   4,790 3,118
2,900   2,134 766
6,149   5,017 1,132
1,063   934 129
18,936   22,210 -3,274
13,209   12,733 476
4,180   4,356 -176
10,195   8,814 1,381
1,771   1,537 234
8,692   5,295 3,397
4,626   4,086 540
15,798   11,376 4,422
2,748   2,447 301
9,936   8,848 1,088
6,041   2,604 3,437
4,188   3,541 647
2,002   1,309 693
10,694   8,571 2,123
13,628   11,627 2,001
908   759 149
12,160   8,167 3,993
3,264   2,988 276
1,094   1,185 -91
3,448   2,901 547
1,029   680 349
11,062   11,651 -589
3,731   2,267 1,464
2,196   1,616 580
6,231   4,616 1,615
15,600   12,441 3,159
47,912   48,735 -823
4,405   3,648 757
53,410   53,087 323
7,059   5,267 1,792
14,140   14,758 -618
6,858   5,465 1,393
4,557   3,972 585
15,165   16,672 -1,507
1,317   1,171 146
20,194   17,959 2,235
544   478 66
615   496 119
11,339   10,638 701
10,338   9,699 639
3,079   2,498 581
5,858   3,081 2,777
11,458   8,941 2,517
2,730   1,932 798
5,822   5,150 672
4,522   3,471 1,051
3,970   2,806 1,164
6,291   4,036 2,255
11,669   9,120 2,549
1,401   1,156 245
160,737   134,539 26,198
25   27 -2
103,934   115,242 -11,308
1,185   1,289 -104
8,396   8,397 -1
6,628   6,629 -1
9,935   10,916 -981
6,717   7,401 -684
9,356   10,309 -953
586   427 159
10,255   7,469 2,786
6,513   7,442 -929
5,877   6,716 -839
13,349   9,861 3,488
9,255   6,837 2,418
16,619   14,659 1,960
105,784   109,323 -3,539
12,121   7,816 4,305
5,297   5,041 256
94,703   90,140 4,563
200,000   202,208 -2,208
8   4 4
15,936   15,028 908
13,415   11,291 2,124
22,366   18,387 3,979
1,780   895 885
26,040   19,732 6,308
3,946   2,990 956
27,362   16,218 11,144
25,476   18,322 7,154
24,020   32,120 -8,100
79,842   82,000 -2,158
84,175   78,682 5,493
14,770   15,859 -1,089
150,126   154,804 -4,678
73,312   75,596 -2,284
9,855   10,554 -699
93,966   97,792 -3,826
      15,282
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       -2,149
b       4,684
c       2,863
d       2,961
e       1,614
      162
      49
      764
      285
      -2,333
      -3,422
      286
      2,862
      279
      625
      1,536
      2,219
      2,053
      174
      302
      -106
      4,849
      -21
      -553
      3,118
      766
      1,132
      129
      -3,274
      476
      -176
      1,381
      234
      3,397
      540
      4,422
      301
      1,088
      3,437
      647
      693
      2,123
      2,001
      149
      3,993
      276
      -91
      547
      349
      -589
      1,464
      580
      1,615
      3,159
      -823
      757
      323
      1,792
      -618
      1,393
      585
      -1,507
      146
      2,235
      66
      119
      701
      639
      581
      2,777
      2,517
      798
      672
      1,051
      1,164
      2,255
      2,549
      245
      26,198
      -2
      -11,308
      -104
      -1
      -1
      -981
      -684
      -953
      159
      2,786
      -929
      -839
      3,488
      2,418
      1,960
      -3,539
      4,305
      256
      4,563
      -2,208
      4
      908
      2,124
      3,979
      885
      6,308
      956
      11,144
      7,154
      -8,100
      -2,158
      5,493
      -1,089
      -4,678
      -2,284
      -699
      -3,826
       
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 2 130,274
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 236,567 5,111,328 0.046283
2011 238,983 5,062,478 0.047207
2010 42,203 4,740,687 0.008902
2009      
2008      
2 Total of line 1, column (d) ...................... 2 0.102392
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 0.034131
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 5,484,331
5 Multiply line 4 by line 3....................... 5 187,186
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 2,442
7 Add lines 5 and 6......................... 7 189,628
8 Enter qualifying distributions from Part XII, line 4.............. 8 232,868
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 2,442
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 2,442
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 2,442
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 3,600
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 3,600
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,158
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet1,158 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)
    bulletNY
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletGLENS FALLS NATIONAL BANK & TRUST Telephone no.bullet (518) 415-4426
    Located atbullet250 GLEN STREETGLENS FALLSNY ZIP+4bullet12801
    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
    GLENS FALLS NATL BANK CO TTEE
    1     		21,050    
    250 GLEN STREET PO BOX 2161
    GLENS FALLS,NY12801
    ROBERT HAFNER CO-TTEE
    1     		8,001    
    250 GLEN STREET PO BOX 2161
    GLENS FALLS,NY12801
    KEVIN OBRIEN CO TTEE
    1     		467    
    250 GLEN STREET PO BOX 2161
    GLENS FALLS,NY12801
    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
    274,217
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    2,442
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,442
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    271,775
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    271,775
    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
    271,775
    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 7 271,775
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 209,689
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008....... 0
    b From 2009....... 0
    c From 2010....... 0
    d From 2011....... 0
    e From 2012....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 232,868
    a Applied to 2012, but not more than line 2a 209,689
    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..... 23,179
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2013. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		248,596
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2009.... 0
    b Excess from 2010.... 0
    c Excess from 2011.... 0
    d Excess from 2012.... 0
    e Excess from 2013.... 0
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2013, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2013 (b) 2012 (c) 2011 (d) 2010
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    LAKESIDE CHAPEL
    360 CLEVERDALE ROAD
    CLEVERDALE,NY12820     		N/A NONE GENERAL - UNRESTRICTED 8,500
    BAY ROAD PRESBYTERIAN CHURCH
    1167 BAY ROAD
    LAKE GEORGE,NY12804     		N/A NONE GENERAL - UNRESTRICTED 25,000
    N QUEENSBURY FIRE FIGHTERS SERVICE
    PO BOX 61
    CLEVERDALE,NY12820     		N/A NONE UNRESTRICTED - GENERAL 1,250
    N QUEENSBURY RESCUE SQUAD
    PO BOX 272
    CLEVERDALE,NY12820     		N/A NONE UNRESTRICTED - GENERAL 1,250
    LAKE GEORGE OPERA FESTIVAL ASSN
    19 ROOSEVELT DRIVE STE 250
    SARATOGA SPRINGS,NY128666226     		N/A NONE UNRESTRICTED - GENERAL 28,000
    HARRISENA COMMUNITY CHURCH
    1616 RIDGE ROAD
    QUEENSBURY,NY12804     		N/A NONE UNRESTRICTED - GENERAL 28,000
    CHAPMAN HISTORICAL MUSEUM
    248 GLEN STREET
    GLENS FALLS,NY12801     		N/A NONE UNRESTRICTED - GENERAL 27,000
    THE SALVATION ARMY
    13-15 CHESTER STREET
    GLENS FALLS,NY12801     		N/A NONE UNRESTRICTED - GENERAL 41,000
    THE HYDE COLLECTION
    161 WARREN STREET
    GLENS FALLS,NY12801     		N/A NONE UNRESTRICTED - GENERAL 30,000
    THE HYDE COLLECTION
    161 WARREN STRET
    GLENS FALLS,NY12801     		N/A NONE DLM GRANT FOR HYDE 20,000
    Total .................................bullet 3a 210,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 158  
    4 Dividends and interest from securities....     14 140,087  
    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 .............     		    18 130,062  
    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)..   270,307  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13270,307
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    WALDO T ROSS & RUTH S ROSS CHARITABLE TRUST
    EIN: 27-6594166
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ASTRAZENECA PLC DTD 05/24/04 108,070 102,093
    BEAR STEARNS & CO DTD 11/06/02 54,276 52,226
    UNITED TECHNOLOGIES CORP 159,420 158,520
    FEDERAL FARM CREDIT BANK 50,632 53,415
    MERRILL LYNCH & CO DTD 05/16/0 50,395 55,011
    DUPONT EI NEMOUR DTD 12/15/06 52,464 56,092
    COCA-COLA CO DTD 11/01/07 53,407 56,929
    AT&T INC DTD 02/01/08 5.50% 51,921 56,284
    PEPSICO INC DTD 05/28/08 103,407 112,172
    CONOCO PHILLIPS DTD 02/03/09 54,256 57,738
    CISCO SYSTEMS INC DTD 02/17/09 51,126 56,241
    PROCTER & GAMBLE CO DTD 02/06/ 51,065 55,847

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    WALDO T ROSS & RUTH S ROSS CHARITABLE TRUST
    EIN: 27-6594166
    Name of Stock End of Year Book Value End of Year Fair Market Value
    DOW CHEMICAL COMPANY 20,297 26,773
    DUPONT E I DE NEMOURS & CO 24,060 29,431
    INTERNAT'L FLAVORS & FRAGRANCE 12,428 12,983
    PRAXAIR INC 14,054 22,755
    COCA COLA CO 39,711 48,333
    COLGATE PALMOLIVE CO 12,979 19,563
    COSTCO WHOLESALE CORP 11,091 18,448
    CVS CAREMARK CORP 11,634 22,545
    GENERAL MILLS INC 12,677 16,470
    KIMBERLY CLARK CORP 13,275 18,280
    KRAFT FOODS GROUP INC 8,767 12,130
    MONDELEZ INTERNATIONAL INC 8,145 12,885
    PEPSICO INC 18,240 24,882
    PROCTER & GAMBLE CO 23,683 31,750
    WALMART STORES INC 16,362 24,000
    AMAZON.COM INC 13,765 29,909
    CHEESECAKE FACTORY INC 16,656 19,549
    COMCAST CORP-CL A 13,471 27,801
    DISNEY WALT CO NEW 10,426 24,066
    FORD MOTOR CO DEL 15,417 19,056
    HOME DEPOT INC 9,113 25,937
    MCDONALDS CORP 14,135 21,832
    NIKE INC CLASS B 12,117 23,592
    STARBUCKS CORP 14,106 23,125
    TARGET CORP 12,651 16,134
    TIME WARNER INC 8,543 21,265
    TWENTY-FIRST CENTURY FOX INC 6,949 15,827
    UNDER ARMOUR INC CL A 16,371 28,809
    ACTAVIS PLC 27,362 31,920
    AMGEN INC 14,467 28,520
    BRISTOL MYERS SQUIBB CO 14,475 27,372
    EXPRESS SCRIPTS HLDG 21,646 27,394
    GILEAD SCIENCES INC 13,112 39,052
    JOHNSON & JOHNSON 26,162 37,094
    LILLY ELI & CO 15,917 20,400
    MEDTRONIC INC 14,728 19,800
    MERCK & CO INC 18,557 26,026
    PFIZER INC 28,971 43,801
    UNITED HEALTH GROUP INC 19,069 28,238
    ANADARKO PETROLEUM 14,193 15,071
    CHEVRON CORPORATION 25,845 38,722
    CONOCO PHILLIPS 11,024 19,782
    EXXON MOBIL CORP 54,110 76,406
    HALLIBURTON CO 9,412 12,687
    HELMERICH & PAYNE INC 10,814 13,453
    NATIONAL OILWELL INC 10,923 11,930
    OCCIDENTIAL PETE CORP 17,468 17,594
    PHILLIPS 66 15,930 19,283
    SCHLUMBERGER LTD 11,407 11,714
    VALERO ENERGY CORP 14,647 17,136
    AFLAC INC 30,041 33,400
    AMERICAN EXPRESS CO 23,288 46,726
    BERKSHIRE HATHAWAY INC CL B 32,874 45,053
    CHUBB CORP 16,200 17,587
    CITIGROUP INC 27,159 31,162
    FRANKLIN RESOURCES INC 22,277 26,152
    JP MORGAN CHASE & CO 33,896 50,878
    METLIFE INC 28,966 38,876
    MORGAN STANLEY 27,073 35,217
    TRAVELERS COMPANIES INC 14,069 24,446
    WELLS FARGO & CO 31,651 49,713
    BOEING CO 16,636 30,028
    DANAHER CORP 14,960 18,142
    EATON CORP PLC 10,949 12,027
    FEDEX CORPORATION 9,808 15,096
    GENERAL DYNAMICS CORP 16,550 23,410
    GENERAL ELECTRIC CORP 42,468 59,424
    HONEYWELL INTERNATIONAL INC 13,573 21,015
    MASCO CORP 10,260 10,406
    UNION PAC CORP 11,109 19,320
    UNITED PARCEL SERVICE CL B 14,346 20,491
    UNITED TECHNOLOGIES CORP 16,658 27,312
    3M CO 15,406 25,946
    ACCENTURE PLC CLA A 21,416 23,844
    APPLE INC 42,142 95,373
    CICSCO SYSTEMS INC 12,720 17,271
    EBAY INC 10,950 17,557
    GOOGLE INC CL A 25,595 50,432
    INTEL CORP 50,583 60,864
    INTL BUSINESS MACHINES CORP 34,689 49,706
    MICROSOFT CORP 46,383 57,237
    ORACLE CORPORATION 26,798 39,982
    QUALCOMM INC 23,549 30,814
    VISA INC CL A 13,622 30,062
    AT&T INC 31,292 37,621
    VERIZON COMMUNICATIONS 19,018 29,975
    DTE ENERGY CO 32,245 33,195
    NEXTERA ENERGY INC 25,456 31,679

    TY 2013 InvestmentsGovtObligationsSch
    Name:
    WALDO T ROSS & RUTH S ROSS CHARITABLE TRUST
    EIN: 27-6594166
    US Government Securities - End of Year Book Value:

     
    US Government Securities - End of Year Fair Market Value:

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


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


     


    TY 2013 InvestmentsOtherSchedule2
    Name:
    WALDO T ROSS & RUTH S ROSS CHARITABLE TRUST
    EIN: 27-6594166
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FIDELITY HIGH INCOME FD AT COST 125,000 125,385
    FIDELITY CAP & INC FD AT COST 125,000 128,579
    PIMCO SHORT TERM FD AT COST 200,000 200,000
    APOLLO GLOBAL MANAGEMENT LLC AT COST 13,345 15,805
    JOHN HANCOCK III DISC VALUE AT COST 105,672 122,799
    PERMANENT PORTFOLIO AT COST 100,000 90,310
    T ROWE PRICE REAL ESTATE FD AT COST 133,618 133,102
    VANGUARD MID CAP INDEX-ADM AT COST 475,977 715,136
    VANGUARD SM CAP INDEX-ADM AT COST 213,816 305,824
    DODGE & COX INTL STK FD AT COST 83,049 85,126
    FIDELITY OVERSEAS FUND AT COST 83,049 86,981
    VANGUARD TOT INT ST INDEX FD AT COST 210,737 232,423
    FRANKLIN CONVERTIBLE SEC ADV AT COST 100,000 100,552

    TY 2013 OtherDecreasesSchedule
    Name:
    WALDO T ROSS & RUTH S ROSS CHARITABLE TRUST
    EIN: 27-6594166
    Description Amount
    ADJUSTMENT TO BOOK VALUE 31,999


    TY 2013 OtherExpensesSchedule
    Name:
    WALDO T ROSS & RUTH S ROSS CHARITABLE TRUST
    EIN: 27-6594166
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NYS EPTL FILING FEE 250 0   250
    FOUNDATION SOURCE ADM FEE 19,639 0   19,639


    TY 2013 TaxesSchedule
    Name:
    WALDO T ROSS & RUTH S ROSS CHARITABLE TRUST
    EIN: 27-6594166
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PRIOR YEAR BAL DUE 1,216 0   0
    ESTM TAX PAYMENTS 3,600 0   0
    FOREIGN TAX WITHHELD AT SOURCE   462   0