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 04-01-2013 , and ending 03-31-2014
Name of foundation
JAMES DANIEL HUMPHREY FOUNDATION WELLS FARGO
 

Number and street (or P.O. box number if mail is not delivered to street address)1525 W WT HARRIS BLVD D1114-044   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHARLOTTE, NC28262
A Employer identification number

41-6263553
B Telephone number (see instructions)

(612) 667-3052
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$33,991,091J 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...... 905,360 901,131  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,375,787
b Gross sales price for all assets on line 6a 9,632,570
7 Capital gain net income (from Part IV, line 2)... 1,375,787
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)....... Click to see attachment 22,058 22,058  
12 Total. Add lines 1 through 11........ 2,303,205 2,298,976  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 212,955 142,466   70,489
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 8,045 0 0 8,045
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 67,015 12,765   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 1,288 1,206   82
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 289,303 156,437 0 78,616
25 Contributions, gifts, grants paid........ 1,415,720 1,415,720
26 Total expenses and disbursements. Add lines 24 and 25 1,705,023 156,437 0 1,494,336
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 598,182
b Net investment income (if negative, enter -0-) 2,142,539
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............... 3,480    
2 Savings and temporary cash investments.......... 3,003,320 2,608,148 2,608,294
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) 1,376,655 Click to see attachment4,767,568 4,853,408
b Investments—corporate stock (attach schedule)........ 15,752,412 Click to see attachment15,745,365 26,407,190
c Investments—corporate bonds (attach schedule)........ 2,453,746 Click to see attachment122,136 122,199
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) 22,589,613 23,243,217 33,991,091
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......... 22,589,613 23,243,217
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).................... 22,589,613 23,243,217
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 22,589,613 23,243,217
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 22,589,613
2 Enter amount from Part I, line 27a..................... 2 598,182
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 55,515
4 Add lines 1, 2, and 3.......................... 4 23,243,310
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 93
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 23,243,217
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 1206. ABBOTT LABS W/RIGHTS ATTACHED EXP 11/10/2009   2013-04-03 2013-09-04
b 505. AIR METHODS CORP COM   2013-09-12 2013-10-28
c 301. ALLISON TRANSMISSION HOLDINGS   2013-08-07 2013-10-28
d 547. ALLISON TRANSMISSION HOLDINGS   2012-10-02 2013-10-28
e 801. AMERICAN EXPRESS CO COM   2012-03-02 2013-09-04
1026. AMERICAN EXPRESS CO COM   2012-03-02 2014-01-30
604. AMPHENOL CORP NEW CL A   2011-04-21 2013-09-04
247. ANSYS INC COM   2007-07-26 2013-09-11
775. ANSYS INC COM   2008-10-28 2013-09-12
355. APACHE CORP COM RTS EXP 01/31/2006   2012-08-02 2013-09-04
76. APPLE COMPUTER INC COM   2010-03-09 2013-09-04
514. BAXTER INTL INC COM W/RIGHTS ATTACHED EXP 3/23/2009   2010-04-22 2013-09-04
447. BERKSHIRE HATHAWAY INC.   2011-07-21 2013-09-04
133. BLACKROCK INC   2012-06-05 2013-09-04
188. CNOOC LTD SPONSORED ADR   2012-08-02 2013-07-09
235. CNOOC LTD SPONSORED ADR   2010-03-30 2013-07-09
615. CNOOC LTD SPONSORED ADR   2010-03-31 2013-07-10
1007. CSX CORP COM W/RTS EXP 6/8/2008   2010-07-07 2013-09-04
70. CSX CORP COM W/RTS EXP 6/8/2008   2013-03-22 2013-09-04
631. CAPITAL ONE FINL CORP COM RTS EXP 11/29/2005   2013-06-18 2013-09-04
2386. CLOUD PEAK ENERGY INC   2012-01-13 2013-06-27
454. DENTSPLY INTL INC NEW COM   2012-09-07 2013-10-28
1149. EBIX, INC.   2011-06-13 2013-10-28
1318. EBIX, INC.   2011-06-30 2014-01-09
794. EBIX, INC.   2011-06-30 2014-01-10
571. EBIX, INC.   2011-10-04 2014-03-20
28. EBIX, INC.   2011-10-04 2014-03-20
851. EBIX, INC.   2011-10-04 2014-03-21
766. EBIX, INC.   2011-10-04 2014-03-24
677. FMC TECHNOLOGIES INC COM   2013-02-04 2013-09-04
500000. VR FED HOME LN BK 1.000% 9/27/18   2013-09-05 2013-12-27
1000000. VR FED HOME LN BK 1.000% 11/21/22   2012-11-07 2013-05-21
500000. FED HOME LN BK 0.750% 6/24/16   2013-06-13 2013-10-25
500000. FED HOME LN BK 1.125% 6/26/17   2013-10-23 2013-11-26
250000. FED HOME LN BK 0.090% 2/12/14   2013-08-06 2014-02-12
500000. VR FED HOME LN BK 1.000% 9/05/23   2013-08-08 2013-12-05
500000. VR FED NATL MTG ASSN 1.000% 8/28/18   2013-08-08 2014-02-28
477. GNC HOLDINGS INC   2013-01-23 2013-10-28
493. GENTEX CORP COM   2012-06-06 2013-04-26
1199. GENTEX CORP COM   2012-03-12 2013-04-26
1189. GENTEX CORP COM   2013-08-02 2013-10-28
1213. GENTHERM INC   2013-06-14 2013-10-28
383. GEOSPACE TECHNOLOGIES CORP   2013-05-24 2013-10-28
515. GILEAD SCIENCES INC COM   2013-02-04 2013-09-04
431. GLOBAL PMTS INC COM W/RIGHTS ATTACHED EXP 1/26/2011   2010-04-08 2013-10-28
267. GOLDMAN SACHS GRP INC COM   2010-01-08 2013-09-04
328. GRACO INC COM W/RIGHTS ATTACHED EXP 3/29/2010   2011-10-04 2013-10-28
1901. HEINZ H J CO COM   2013-03-22 2013-04-01
5120. HEINZ H J CO COM   2011-03-09 2013-04-01
230. ILLINOIS TOOL WORKS INC COM   2013-03-22 2013-09-04
248. ILLINOIS TOOL WORKS INC COM   2006-08-07 2013-09-04
201. INTERCONTINENTALEXCHANGE INC   2011-02-17 2013-09-04
3225. IRIDIUM COMMUNICATIONS INC   2013-05-03 2013-10-28
3060. ISHARES SELECT DIVIDEND ETF   2013-04-01 2013-06-11
408. ISHARES SELECT DIVIDEND ETF   2013-04-01 2013-06-20
3571. ISHARES SELECT DIVIDEND ETF   2013-03-22 2013-06-21
368. ISHARES 1-3 YEAR TREASURY BOND   2013-04-26 2013-05-02
815. ISHARES 1-3 YEAR TREASURY BOND   2013-04-26 2013-06-10
91. ISHARES 1-3 YEAR TREASURY BOND   2012-12-18 2013-08-07
131. ISHARES 1-3 YEAR TREASURY BOND   2013-03-25 2013-09-12
463. ISHARES 1-3 YEAR TREASURY BOND   2013-05-25 2013-10-28
5.01573 ISHARES 1-3 YEAR TREASURY BOND   2013-02-24 2014-01-09
267. ISHARES 1-3 YEAR TREASURY BOND   2012-12-27 2014-01-09
692.98427 ISHARES 1-3 YEAR TREASURY BOND   2013-08-02 2014-01-09
5. ISHARES 1-3 YEAR TREASURY BOND   2013-03-04 2014-02-14
267. ISHARES 1-3 YEAR TREASURY BOND   2013-01-04 2014-02-14
115. ISHARES 1-3 YEAR TREASURY BOND   2013-08-02 2014-02-14
2107. ISHARES MSCI EAFE INDEX FD   2012-08-02 2014-01-02
50. MARKEL HLDGS COM   2002-06-07 2013-10-28
55. MARKEL HLDGS COM   2002-06-07 2014-01-16
134. MARKEL HLDGS COM   2002-11-25 2014-01-17
677. MASTEC INC COM   2012-12-07 2013-10-28
166. MCDONALDS CORP COM   2013-03-22 2013-09-04
197. MCDONALDS CORP COM   2009-01-29 2013-09-04
477. MCKESSON HBOC INC COM   2010-09-29 2013-09-04
614. MCKESSON HBOC INC COM   2010-08-20 2014-01-14
292. MEDNAX INC   2008-07-30 2013-10-28
80. METTLER-TOLEDO INTL INC COM   2009-01-22 2013-10-28
242. MORNINGSTAR INC   2010-09-29 2013-10-28
495. NEUSTAR INC   2008-09-08 2013-10-28
483. NIKE INC CL B COM   2006-05-25 2013-09-04
492. NORDSTROM INC COM   2013-03-22 2013-09-04
253. NORDSTROM INC COM   2010-12-13 2013-09-04
591. NORDSTROM INC COM   2010-12-13 2013-09-11
536. OCEANEERING INTL INC COMMON   2008-11-24 2013-05-23
956. OCEANEERING INTL INC COMMON   2008-11-24 2013-05-24
370. OIL STATES INTERNATIONAL INC COM   2012-09-07 2013-05-23
181. OIL STATES INTERNATIONAL INC COM   2012-06-26 2013-10-28
1103. ORBITAL SCIENCES CORP COM W/RIGHTS ATTAC   2010-09-30 2013-10-15
598. ORBITAL SCIENCES CORP COM W/RIGHTS ATTAC   2009-09-30 2013-10-16
493. ORBITAL SCIENCES CORP COM W/RIGHTS ATTAC   2010-09-29 2013-10-17
1188. ORBITAL SCIENCES CORP COM W/RIGHTS ATTAC   2010-09-29 2013-10-28
571. ORBITAL SCIENCES CORP COM W/RIGHTS ATTAC   2009-11-02 2014-03-06
276. ORBITAL SCIENCES CORP COM W/RIGHTS ATTAC   2009-11-02 2014-03-07
2449. PAYCHEX INC COM   2013-03-22 2013-10-17
589. PAYCHEX INC COM   2013-03-22 2013-11-27
235. PAYCHEX INC COM   2011-03-09 2013-11-29
153. PAYCHEX INC COM   2013-03-22 2013-11-29
1347. PAYCHEX INC COM   2011-03-09 2013-12-02
405. PEPSICO INC COM   2012-07-24 2013-09-04
132. PRECISION CASTPARTS CORP COM W/RIGHTS ATTACHED EXPIRING   2010-03-26 2013-09-04
545. QUALCOMM INC COM W/RTS ATTACHED   2012-08-15 2013-04-30
385. QUALCOMM INC COM W/RTS ATTACHED   2012-03-20 2013-04-30
677. QUALCOMM INC COM W/RTS ATTACHED   2012-08-15 2013-09-04
601. ROCK-TENN CO CL A   2010-09-29 2013-07-09
727. ROCK-TENN CO CL A   2010-09-29 2013-08-02
414. SPDR TR UNIT SER 1   2013-02-26 2013-04-03
350. SPDR TR UNIT SER 1   2013-04-30 2013-06-18
203. SPDR TR UNIT SER 1   2013-04-30 2013-09-04
199. SPDR TR UNIT SER 1   2013-02-26 2013-09-06
324. SPDR TR UNIT SER 1   2012-03-05 2013-09-11
466. SPDR TR UNIT SER 1   2012-12-05 2013-09-11
174.0018 SCHLUMBERGER LTD COM   2011-05-27 2013-09-04
415.9982 SCHLUMBERGER LTD COM   2011-07-08 2013-09-04
791. SELECT COMFORT CORPORATION   2013-03-27 2013-10-28
374. SPECTRUM BRANDS HOLDINGS INC   2012-10-10 2013-10-28
3937. STAPLES INC COM W/INVISIBLE RTS TO PUR SHS UNDER CERTAIN   2012-05-22 2013-10-17
1617. STAPLES INC COM W/INVISIBLE RTS TO PUR SHS UNDER CERTAIN   2012-05-22 2013-11-27
985. STAPLES INC COM W/INVISIBLE RTS TO PUR SHS UNDER CERTAIN   2012-05-22 2013-11-29
1333. STAPLES INC COM W/INVISIBLE RTS TO PUR SHS UNDER CERTAIN   2012-05-22 2013-12-02
1621. STAPLES INC COM W/INVISIBLE RTS TO PUR SHS UNDER CERTAIN   2013-03-22 2013-12-02
239. STAPLES INC COM W/INVISIBLE RTS TO PUR SHS UNDER CERTAIN   2013-03-22 2013-12-02
450. STARWOOD HOTELS & RESORTS WORLDWIDE   2011-08-15 2013-09-04
121. STARWOOD HOTELS & RESORTS WORLDWIDE   2013-03-22 2013-09-04
1311. STEEL DYNAMICS INC COM   2010-05-17 2013-10-28
300. SYNTEL INC   2013-03-08 2013-10-28
1329. TCF FINL CORP COM W/RIGHTS ATTACHED EXP   2009-08-28 2013-10-28
625. TEXAS INSTRS INC COM   2011-07-05 2013-09-04
600. THERMO ELECTRON CORP COM W/RTS ATTACHED EXP 01/29/2006   2010-04-29 2013-09-04
370. THERMO ELECTRON CORP COM W/RTS ATTACHED EXP 01/29/2006   2010-04-29 2013-09-11
301. THERMO ELECTRON CORP COM W/RTS ATTACHED EXP 01/29/2006   2010-11-26 2014-01-14
306. TRANSDIGM GROUP INC   2011-11-22 2013-04-16
400. TRANSDIGM GROUP INC   2011-11-22 2013-04-17
238. TUPPERWARE CORP COM   2012-12-20 2013-10-28
362. UNITED TECHNOLOGIES CORP COM   2002-10-30 2013-09-04
82. UNITED TECHNOLOGIES CORP COM   2013-03-22 2013-09-04
164. VCA ANTECH INC COM   2008-04-21 2013-06-10
775. VCA ANTECH INC COM   2008-04-22 2013-06-13
786. VCA ANTECH INC COM   2008-06-30 2013-10-28
125. V F CORP COM W/RTS ATTACHED EXP 01/25/2008   2009-01-29 2013-09-04
1601. VANGARD MSCI EMERGING MARKETS EFT   2012-08-02 2013-05-15
764. VANGARD MSCI EMERGING MARKETS EFT   2012-08-02 2013-05-31
666. VANGARD MSCI EMERGING MARKETS EFT   2008-11-19 2013-05-31
5358. VANGARD MSCI EMERGING MARKETS EFT   2008-11-19 2014-01-28
.8126 VERIZON COMMUNICATIONS COM   2014-02-25 2014-03-04
.4538 VODAFONE GROUP PLC-SP ADR   2011-03-22 2014-02-28
2086. WASTE MGMT INC DEL COM   2013-03-22 2013-10-17
375. WASTE MGMT INC DEL COM   2011-03-01 2013-10-17
1993. WASTE MGMT INC DEL COM   2011-03-01 2013-11-27
1150. WASTE MGMT INC DEL COM   2011-08-04 2013-11-29
3447. WASTE MGMT INC DEL COM   2011-08-04 2013-12-02
248. WEX INC   2008-10-29 2013-10-28
447. ZEBRA TECHNOLOGIES CORP CL A COM   2006-06-28 2013-10-28
223. ACCENTURE PLC   2005-04-18 2013-09-04
327. ACCENTURE PLC   2013-03-22 2013-09-04
482.273 TRANSOCEAN LTD.   2013-07-09 2013-12-31
2679.727 TRANSOCEAN LTD.   2010-04-30 2013-12-31
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 40,269   43,594 -3,325
b 22,139   21,087 1,052
c 7,610   6,622 988
d 13,829   11,171 2,658
e 58,456   42,600 15,856
88,575   47,031 41,544
45,799   32,083 13,716
21,741   6,312 15,429
68,415   19,066 49,349
30,476   29,323 1,153
37,942   16,951 20,991
35,806   26,249 9,557
50,073   35,584 14,489
35,349   21,270 14,079
31,832   37,207 -5,375
39,790   39,323 467
102,577   102,112 465
25,597   16,421 9,176
1,779   1,684 95
40,932   39,182 1,750
38,950   47,591 -8,641
20,434   15,862 4,572
13,058   23,236 -10,178
18,921   25,766 -6,845
11,113   15,076 -3,963
9,948   10,558 -610
489   399 90
14,652   12,132 2,520
12,952   10,920 2,032
37,324   32,218 5,106
500,000   500,000  
1,000,000   1,000,000  
500,000   500,000  
500,000   500,000  
250,000   249,985 15
500,000   500,000  
500,000   500,000  
28,510   17,822 10,688
10,853   10,743 110
26,394   29,593 -3,199
35,690   27,671 8,019
25,524   23,132 2,392
33,560   33,087 473
31,475   20,640 10,835
25,636   19,306 6,330
41,612   46,561 -4,949
25,067   11,074 13,993
137,270   136,947 323
369,712   252,631 117,081
16,714   14,338 2,376
18,022   11,530 6,492
36,638   25,947 10,691
20,156   23,091 -2,935
197,595   193,129 4,466
25,689   25,729 -40
226,375   220,991 5,384
31,092   31,106 -14
68,717   68,878 -161
7,678   7,707 -29
11,030   11,091 -61
39,095   39,147 -52
423   424 -1
22,513   22,569 -56
58,432   58,525 -93
423   423  
22,564   22,595 -31
9,719   9,707 12
139,049   122,613 16,436
26,164   10,552 15,612
31,251   11,607 19,644
75,793   25,968 49,825
22,018   16,008 6,010
15,791   16,507 -716
18,740   11,533 7,207
58,599   29,560 29,039
101,663   37,841 63,822
30,842   13,804 17,038
19,748   5,403 14,345
19,547   8,119 11,428
23,987   10,955 13,032
31,443   9,585 21,858
27,449   26,237 1,212
14,115   10,568 3,547
33,645   23,613 10,032
39,506   5,956 33,550
69,960   10,623 59,337
36,722   26,188 10,534
19,417   11,120 8,297
24,373   16,814 7,559
13,029   9,033 3,996
10,948   7,426 3,522
28,069   16,945 11,124
16,334   7,365 8,969
7,863   3,557 4,306
100,506   84,039 16,467
25,713   20,212 5,501
10,289   7,937 2,352
6,699   5,250 1,449
58,689   45,495 13,194
32,124   27,820 4,304
28,741   16,386 12,355
33,723   34,136 -413
23,823   25,693 -1,870
45,521   42,403 3,118
63,407   31,155 32,252
84,591   35,997 48,594
64,360   61,800 2,560
57,760   55,805 1,955
33,657   30,405 3,252
33,157   28,867 4,290
54,561   40,556 14,005
78,473   66,104 12,369
14,506   14,821 -315
34,682   36,493 -1,811
14,597   15,875 -1,278
24,654   15,441 9,213
61,280   54,813 6,467
24,878   21,945 2,933
15,290   13,368 1,922
20,633   18,091 2,542
25,091   21,762 3,329
3,699   3,209 490
29,448   20,396 9,052
7,918   7,397 521
23,085   19,790 3,295
26,118   19,003 7,115
20,480   17,718 2,762
24,594   20,639 3,955
54,296   34,228 20,068
33,361   20,856 12,505
34,228   16,751 17,477
45,291   28,368 16,923
57,934   37,082 20,852
21,173   15,410 5,763
37,325   11,215 26,110
8,455   7,662 793
4,334   4,629 -295
20,050   21,827 -1,777
22,943   22,084 859
24,063   7,296 16,767
70,300   63,752 6,548
31,929   30,422 1,507
27,833   13,837 13,996
203,255   111,321 91,934
39   39  
19   24 -5
87,721   79,850 7,871
15,770   13,807 1,963
90,760   73,379 17,381
52,432   41,648 10,784
155,144   104,812 50,332
21,636   3,270 18,366
21,310   15,607 5,703
16,268   5,032 11,236
23,855   24,069 -214
23,670   23,718 -48
131,521   190,965 -59,444
      8,426
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       -3,325
b       1,052
c       988
d       2,658
e       15,856
      41,544
      13,716
      15,429
      49,349
      1,153
      20,991
      9,557
      14,489
      14,079
      -5,375
      467
      465
      9,176
      95
      1,750
      -8,641
      4,572
      -10,178
      -6,845
      -3,963
      -610
      90
      2,520
      2,032
      5,106
       
       
       
       
      15
       
       
      10,688
      110
      -3,199
      8,019
      2,392
      473
      10,835
      6,330
      -4,949
      13,993
      323
      117,081
      2,376
      6,492
      10,691
      -2,935
      4,466
      -40
      5,384
      -14
      -161
      -29
      -61
      -52
      -1
      -56
      -93
       
      -31
      12
      16,436
      15,612
      19,644
      49,825
      6,010
      -716
      7,207
      29,039
      63,822
      17,038
      14,345
      11,428
      13,032
      21,858
      1,212
      3,547
      10,032
      33,550
      59,337
      10,534
      8,297
      7,559
      3,996
      3,522
      11,124
      8,969
      4,306
      16,467
      5,501
      2,352
      1,449
      13,194
      4,304
      12,355
      -413
      -1,870
      3,118
      32,252
      48,594
      2,560
      1,955
      3,252
      4,290
      14,005
      12,369
      -315
      -1,811
      -1,278
      9,213
      6,467
      2,933
      1,922
      2,542
      3,329
      490
      9,052
      521
      3,295
      7,115
      2,762
      3,955
      20,068
      12,505
      17,477
      16,923
      20,852
      5,763
      26,110
      793
      -295
      -1,777
      859
      16,767
      6,548
      1,507
      13,996
      91,934
       
      -5
      7,871
      1,963
      17,381
      10,784
      50,332
      18,366
      5,703
      11,236
      -214
      -48
      -59,444
       
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 1,375,787
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 1,498,342 29,060,863 0.051559
2011 1,474,375 28,509,244 0.051716
2010 1,478,340 27,909,143 0.05297
2009 1,540,679 26,962,949 0.057141
2008 1,591,636 28,834,012 0.0552
2 Total of line 1, column (d) ...................... 2 0.268586
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 0.053717
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 32,187,515
5 Multiply line 4 by line 3....................... 5 1,729,017
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 21,425
7 Add lines 5 and 6......................... 7 1,750,442
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,494,336
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 42,851
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 42,851
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 42,851
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 43,525
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 43,525
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 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 10 674
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet674 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)
    bulletMN
    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 ofbulletWELLS FARGO NA DBA ABBOT DOWNING Telephone no.bullet (612) 667-3052
    Located atbullet90 S 7TH STREETMINNEAPOLISMN ZIP+4bullet55402
    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
    JOANN E AALFS TRUSTEE
    1     		3,000    
    8 EDGEWOOD TERRACE
    NORTHAMPTON,MA01060
    MARVIN J PERTZIK TRUSTEE
    1     		20,000    
    2221 FORD PKWY STE 204
    ST PAUL,MN55116
    WELLS FARGO NA DBA ABBOT DOWNING TRUSTEE
    4     		189,955    
    90 S 7TH STREET SUITE 5300
    MINNEAPOLIS,MN55479
    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
    1,609,376
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    42,851
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    42,851
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,566,525
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,566,525
    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
    1,566,525
    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 1,566,525
    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....... 0
    b From 2009....... 0
    c From 2010....... 0
    d From 2011....... 0
    e From 2012....... 74,024
    fTotal of lines 3a through e......... 74,024
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 1,494,336
    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..... 1,494,336
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2013. 72,189 72,189
    (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 1,835
    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) ...     		0
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		1,835
    10 Analysis of line 9:
    a Excess from 2009.... 0
    b Excess from 2010.... 0
    c Excess from 2011.... 0
    d Excess from 2012.... 1,835
    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 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
    BENNINGTON COLLEGE
    1 COLLEGE DR
    BENNINGTON,VT05201     		NONE PC GENERAL SUPPORT 70,786
    CAMP FIRE USA
    BOYS AND GIRLS
    4601 MADISON AVE
    KANSAS CITY,MO64112     		NONE PC GENERAL SUPPORT 70,786
    VASSAR COLLEGE
    ATTN DIRECTOR OF PLANNED GIVING
    124 RAYMOND AVE BOX 14
    POUGHKEEPSIE,NY12604     		NONE PC GENERAL SUPPORT 70,786
    PRINCETON UNIVERSITY
    330 ALEXANDER STREET
    PRINCETON,NJ08544     		NONE PC GENERAL SUPPORT 70,786
    PRESBYTERIAN CHURCH
    FOUNDATION
    200 EAST 12TH STREET
    JEFFERSONVILLE,IN47130     		NONE PC GENERAL SUPPORT 35,393
    AFS-USA Inc
    198 MADISON AVE
    NEWYORK,NY10016     		NONE PC GENERAL SUPPORT 35,393
    CHILDRENS HOME SOCIETY
    OF MINNESOTA
    1605 EUSTIS STREET
    ST PAUL,MN551081219     		NONE PC GENERAL SUPPORT 70,786
    YMCA OF GREATER ST PAUL
    476 ROBERT ST N
    ST PAUL,MN55101     		NONE PC GENERAL SUPPORT 70,786
    HAMLINE UNIVERSITY
    1536 HEWITT AVENUE
    SAINT PAUL,MN551041235     		NONE PC GENERAL SUPPORT 35,393
    HOUSE OF HOPE
    PRESBYTERIAN CHURCH
    797 SUMMIT AVE
    ST PAUL,MN55105     		NONE PC GENERAL SUPPORT 70,786
    CARLETON COLLEGE
    1 NORTH COLLEGE STREET
    NORTHFIELD,MN550574075     		NONE PC GENERAL SUPPORT 70,786
    CHRIST EPISCOPAL CHURCH
    RED WING
    5210 WEST AVE
    RED WING,MN55066     		NONE PC GENERAL SUPPORT 35,393
    WAYZATA COMMUNITY CHURCH
    125 E WAYZATA BLVD
    WAYZATA,MN55391     		NONE PC GENERAL SUPPORT 70,786
    FIRST CHURCH OF CHRIST
    SCIENTIST
    90 S SEVENTH STREET STE 5100
    ST PAUL,MN55402     		NONE PC GENERAL SUPPORT 106,179
    ST PAUL ACADEMY AND
    SUMMIT SCHOOL
    1712 RANDOLPH AVE
    ST PAUL,MN551052194     		NONE PC GENERAL SUPPORT 70,786
    PRESBYTERIAN HOMES INC
    200 EAST 12TH AVE
    JEFFERSON,IN47130     		NONE PC GENERAL SUPPORT 70,786
    GREATER TWIN CITIES
    UNITED WAY
    404 S EIGHTH ST
    MINNEAPOLIS,MN55404     		NONE PC GENERAL SUPPORT 70,786
    FIRST CONGREGATIONAL
    UNITED CHURCH OF CHRIST
    255 W 10TH STREET
    DUBUQUE,IA52001     		NONE PC GENERAL SUPPORT 70,786
    MARY INSTITUTE
    101 NORTH WARSON ROAD
    ST LOUIS,MO63124     		NONE PC GENERAL SUPPORT 70,786
    AMERICAN RED CROSS
    TWIN CITIES CHAPTER
    1201 WEST RIVER PARKWAY
    MINNEAPOLIS,MN55454     		NONE PC GENERAL SUPPORT 70,786
    SOCIAL SERVICES LEAGUE
    OF LA JOLLA
    P O BOX 831
    LA JOLLA,CA92038     		NONE PC GENERAL SUPPORT 70,786
    YMCA OF LA JOLLA
    8355 CLIFFRIDGE AVE
    LA JOLLA,CA92037     		NONE PC GENERAL SUPPORT 35,393
    Total .................................bullet 3a 1,415,720
    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....     14 905,360  
    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 1,375,787  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aMUTUAL FUND INCOME     1 22,058  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   2,303,205  
    13Total. Add line 12, columns (b), (d), and (e)..................
    132,303,205
    (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:
    JAMES DANIEL HUMPHREY FOUNDATION WELLS FARGO
    EIN: 41-6263553
    Name of Bond End of Year Book Value End of Year Fair Market Value
    SPDR BARCLAYS HIGH YIELD BOND    
    FNMA 1.125 09/06/17    
    FNMA 1.625 08/28/19    
    FNMA 1.125 09/06/17    
    FHLB .25 01/16/15    
    FHLB SER 0000 02/22/23    
    464287457 ISHARES 1-3 YEAR TRE 122,136 122,199

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    JAMES DANIEL HUMPHREY FOUNDATION WELLS FARGO
    EIN: 41-6263553
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOT LABS    
    ACCENTURE PLC    
    AMERICAN EXPRESS    
    AMPHENOL CORP    
    APACHE CORP    
    APPLE INC    
    BAXTER INTL INC    
    BERKSHIRE HATHAWAY INC    
    BLACKROCK INC    
    CAPITAL ONE FINANCIAL CORP    
    FMC TECHNOLOGIES INC    
    GOLDMAN SACHES GROUP INC    
    ILLINOIS TOOL WORKS INC    
    INTERCONTINENTAL EXCHANGE INC    
    MCDONALDS CORP    
    MCKESSON CORP    
    MICROSOFT CORP    
    NIKE INC CL B    
    NORDSTROM INC    
    PEPSICO INC    
    PRECISION CASTPARTS CORP    
    QUALCOMM INC    
    SCHLUMBERGER LTD    
    STARWOOD HOTEL    
    TEXAS INSTRUMENTS INC    
    THERMO FISHER SCIENTIFIC    
    UNITED TECHNOLOGIES    
    V F CORP    
    ABB LTD ADR    
    AFLAC INC    
    ALLISON TRANMISSION HOLDINGS    
    BHP BILLITON    
    CNOOC ADR    
    DIAGEO PCL ADR    
    HSBC ADR    
    KOMATSU JPY    
    NESTLE SA ADR    
    RECKITT BENCKISER    
    SAP AG ADR    
    TAIWAN SEMI CONDUCTOR    
    TELEFONICA SA ADR    
    TESCO PLC    
    TRANSOCEAN LTD    
    GLOBAL PMTS INC    
    GRACO INC    
    HARTE-HANKS COMM INC    
    MARKEL HOLDINGS    
    METTLER TOLEDO INTL INC    
    MORNINGSTAR INC    
    NATIONAL PRESTO INDS    
    NEUSTAR INC    
    OCEANEERING INTL INC    
    ORBITAL SCIENCES CORP    
    ROCK-TENN CO    
    STEEL DYNAMICS INC    
    STERICYCLE INC    
    TRANSDIGM GROUP INC    
    UGI CORP    
    VCA ANTECH INC    
    WILEY JOHN & SONS INC    
    WRIGHT EXPRESS CORP    
    ZEBRA TECHNOLOGIES CORP    
    CHEVRON CORP    
    COLGATE PALMOLIVE CO    
    CSX CORP    
    EDISON INTL    
    ENERGIZER HOLDINGS INC    
    FISERV INC    
    HEINZ H J CO    
    JOHNSON & JOHNSON    
    LABORATORY CRP OF AMER    
    LEUCADIA NATL CORP    
    MOLSON COORS BREWING CO    
    NORTHROP GRUMMAN CORP    
    PAYCHEX INC    
    PNC FINANCIAL SERVICES GROUP    
    STAPLES INC    
    TCF FINANCIAL    
    TRAVELERS COMPANIES    
    US BANCORP DEL    
    WAL MART STORES INC    
    WASTE MANAGEMENT INC    
    3M CO    
    HONDA MOTOR CO    
    VODAFONE GROUP PLC    
    SPDR S & P 500 ETF    
    ISHARES MSCI ALL CTRY ASIA    
    ISHARES MSCI EAFE    
    ISHARES MSCI JAPAN    
    VANGUARD MSCI EMERG MKTS    
    ISHARES DOW JONES SEL DIV    
    ANSYS INC    
    CLOUD PEAK ENERGY INC    
    DENTSPLY INTL INC COM    
    EBIX INC    
    GENTEX CORP    
    GNC HOLDING INC    
    MASTEC INC COM    
    MEDNAX INC    
    OIL STATE INTERNATIONAL INC    
    SELECT COMFORT CORP    
    SPECTRUM BRAND HOLDING INC    
    TUPPERWARE BRANDS CORP    
    WEX INC    
    GILEAD SCIENCES INC    
    JP MORGAN    
    SYNTEL INC    
    UNITED PARCEL SERVICES - CL B    
    VAN GUARD FTSE EMERGING MARKET    
    WIDSOM TREE JAPAN HEDGED EQ    
    AMEX ENERGY SELECT SPDR    
    AMEX MATERIAL SPDR    
    JP MORGAN ALERIAN MLP INDEX    
    C H ROBINSON WORLDWIDE INC    
    BIG LOTS INC    
    ARBITRON INC    
    PERRIGO CO    
    REPUBLIC SERVICES INC CL A COM    
    000375204 ABB LTD - ADR 133,118 243,380
    001055102 AFLAC INC 230,250 381,266
    002824100 ABBOTT LABS 151,313 226,285
    009128307 AIR METHODS CORP COM 78,877 101,517
    01973R101 ALLISON TRANSMISSION 63,946 95,568
    025816109 AMERICAN EXPRESS CO 117,035 258,926
    032095101 AMPHENOL CORP CL A 144,986 269,634
    037411105 APACHE CORP 101,704 143,504
    037833100 APPLE INC 82,969 199,667
    055434203 BG GROUP PLC - ADR 139,906 119,815
    071813109 BAXTER INTL INC 121,960 184,391
    084670702 BERKSHIRE HATHAWAY I 128,259 272,185
    088606108 BHP BILLITON LIMITED 85,125 264,100
    09247X101 BLACKROCK INC 98,807 203,469
    12621E103 CNO FINANCIAL GROUP 82,570 81,921
    126349109 CSG SYS INTL INC COM 95,570 83,250
    126408103 CSX CORP 85,578 152,035
    14040H105 CAPITAL ONE FINANCIA 173,438 237,267
    166764100 CHEVRON CORP 360,614 505,368
    189754104 COACH INC 267,582 243,731
    194162103 COLGATE PALMOLIVE CO 203,504 526,615
    23636T100 DANONE ADR 262,229 247,034
    249030107 DENTSPLY INTL INC CO 56,151 78,820
    25243Q205 DIAGEO PLC - ADR 337,550 563,271
    30249U101 FMC TECHNOLOGIES INC 83,939 172,400
    36191G107 GNC HOLDINGS INC 95,467 106,396
    371901109 GENTEX CORP 73,828 141,191
    37253A103 GENTHERM INC 84,102 158,670
    37364X109 GEOSPACE TECHNOLOGIE 112,998 95,351
    375558103 GILEAD SCIENCES INC 100,515 177,717
    37940X102 GLOBAL PMTS INC W/I 69,402 115,269
    38141G104 GOLDMAN SACHS GROUP 170,051 213,497
    384109104 GRACO INC 39,341 92,453
    404280406 HSBC - ADR 274,051 298,423
    452308109 ILLINOIS TOOL WORKS 108,191 189,255
    45866F104 INTERCONTINENTALEXCH 123,391 193,478
    46269C102 IRIDIUM COMMUNICATIO 82,764 91,885
    464286608 ISHARES MSCI EMU ETF 328,907 339,513
    464287168 ISHARES SELECT DIVID 80,804 109,467
    464288182 ISHARES MSCI ALL COU 286,936 301,477
    46625H100 JPMORGAN CHASE & CO 326,320 480,823
    46625H365 JP MORGAN ALERIAN ML 549,050 612,653
    478160104 JOHNSON & JOHNSON 266,476 646,746
    576323109 MASTEC INC COM 59,603 110,729
    57636Q104 MASTERCARD INC 93,790 88,744
    577081102 MATTEL INC 355,937 316,468
    580135101 MCDONALDS CORP 98,217 173,317
    58155Q103 MCKESSON CORP 59,811 302,111
    58502B106 MEDNAX INC 44,252 136,356
    592688105 METTLER-TOLEDO INTL 18,910 70,468
    594918104 MICROSOFT CORP 378,650 582,591
    617700109 MORNINGSTAR INC 26,977 72,145
    641069406 NESTLE S.A. REGISTER 198,362 598,149
    64126X201 NEUSTAR INC 34,850 60,631
    654106103 NIKE INC CL B 46,696 173,793
    655664100 NORDSTROM INC 113,353 189,910
    678026105 OIL STATES INTERNATI 41,962 67,344
    685564106 ORBITAL SCIENCES COR 43,652 101,249
    693475105 PNC FINANCIAL SERVIC 328,788 548,883
    704326107 PAYCHEX INC 246,416 329,894
    713448108 PEPSICO INC 118,042 164,996
    716768106 PETSMART INC COM 205,859 194,671
    740189105 PRECISION CASTPARTS 79,738 162,525
    747525103 QUALCOMM INC 132,523 260,080
    78464A359 SPDR BARCLAYS CONVER 252,215 290,340
    790849103 ST JUDE MED INC 126,827 125,222
    803054204 SAP AG - ADR 200,663 398,175
    806857108 SCHLUMBERGER LTD 242,113 297,180
    81369Y100 AMEX MATERIALS SPDR 281,717 356,822
    81369Y506 AMEX ENERGY SELECT S 381,217 457,501
    81616X103 SELECT COMFORT CORPO 57,216 53,860
    84763R101 SPECTRUM BRANDS HOLD 57,159 112,138
    855030102 STAPLES INC 141,005 135,048
    85590A401 STARWOOD HOTELS & RE 126,230 221,686
    858119100 STEEL DYNAMICS INC C 59,789 87,865
    87162H103 SYNTEL INC 64,268 101,407
    872275102 TCF FINANCIAL 56,781 83,417
    874039100 TAIWAN SEMICONDUCTOR 184,007 452,552
    879382208 TELEFONICA SA - ADR 150,850 185,264
    882508104 TEXAS INSTRUMENTS IN 89,850 143,744
    883556102 THERMO FISHER SCIENT 104,614 270,540
    88579Y101 3M CO 49,721 740,975
    89417E109 TRAVELERS COMPANIES, 126,191 1,489,250
    899896104 TUPPERWARE BRANDS CO 57,674 75,216
    902973304 US BANCORP DEL NEW 69,797 857,200
    904767704 UNILEVER PLC - ADR 403,670 428,998
    911312106 UNITED PARCEL SERVIC 345,582 434,217
    913017109 UNITED TECHNOLOGIES 67,010 252,725
    918194101 VCA ANTECH INC 64,375 95,401
    918204108 V F CORP 35,721 151,482
    922042858 VANGUARD FTSE EMERGI 76,520 149,456
    92343V104 VERIZON COMMUNICATIO 197,608 195,370
    92857W308 VODAFONE GROUP PLC-S 442,356 313,584
    931142103 WAL MART STORES INC 379,633 468,745
    96208T104 WEX INC 12,264 88,682
    97717W851 WISDOMTREE JAPAN HED 428,423 531,818
    989207105 ZEBRA TECHNOLOGIES C 32,801 116,956
    G1151C101 ACCENTURE PLC 60,520 213,809
    G74079107 RECKITT BENCKISER PL 150,911 490,879
    G87621101 TESCO PLC 5P 142,810 180,847
    H8817H100 TRANSOCEAN LTD. 226,639 193,595
    J35759125 KOMATSU JPY 50.0 212,656 240,487

    TY 2013 InvestmentsGovtObligationsSch
    Name:
    JAMES DANIEL HUMPHREY FOUNDATION WELLS FARGO
    EIN: 41-6263553
    US Government Securities - End of Year Book Value:

    4,767,568
    US Government Securities - End of Year Fair Market Value:

    4,853,408
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2013 LegalFeesSchedule
    Name:
    JAMES DANIEL HUMPHREY FOUNDATION WELLS FARGO
    EIN: 41-6263553
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LARKIN HOFFMAN DALY & LINDGREN 8,045     8,045


    TY 2013 OtherDecreasesSchedule
    Name:
    JAMES DANIEL HUMPHREY FOUNDATION WELLS FARGO
    EIN: 41-6263553
    Description Amount
    MUTUAL FUND INC POSTING NEXT YEAR EFF CURRENT YEAR 20
    ACCD INT PAID CURRRENT YEAR EFFECTIVE NEXT YEAR 73


    TY 2013 OtherExpensesSchedule
    Name:
    JAMES DANIEL HUMPHREY FOUNDATION WELLS FARGO
    EIN: 41-6263553
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR FEES 1,206 1,206   0
    MINNESOTA FILING FEES 82 0   82


    TY 2013 OtherIncomeSchedule2
    Name:
    JAMES DANIEL HUMPHREY FOUNDATION WELLS FARGO
    EIN: 41-6263553
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MUTUAL FUND INCOME 22,058 22,058  


    TY 2013 OtherIncreasesSchedule
    Name:
    JAMES DANIEL HUMPHREY FOUNDATION WELLS FARGO
    EIN: 41-6263553
    Description Amount
    MUTUAL FUND INC POSTING CURR YEAR EFF PRIOR YEAR 4,368
    CAPITAL LOSS POSTING CURRENT EFFECTIVE PRIOR YEAR 31,155
    TIPS OID INCOME ADJUSTMENT 17,408
    ACCD INT PAID PRIOR YEAR EFFECTIVE CURRENT YEAR 2,569
    ROUNDING 15


    TY 2013 TaxesSchedule
    Name:
    JAMES DANIEL HUMPHREY FOUNDATION WELLS FARGO
    EIN: 41-6263553
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 10,340 10,340   0
    FEDERAL TAX PAYMENT - PRIOR YE 10,725 0   0
    FEDERAL ESTIMATES - PRINCIPAL 43,525 0   0
    FOREIGN TAXES ON QUALIFIED FOR 1,466 1,466   0
    FOREIGN TAXES ON NONQUALIFIED 959 959   0