TY 2013 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0052

2013

Open to Public Inspection

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

Name of foundation
Donald Lee and Sally Steadman Lucas
Foundation
% c/o Foundation Source

Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside RdSuite 123Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377

A Employer identification number

27-0167162

B Telephone number (see instructions)

(800) 839-1754

C If exemption application is pending, check here bullet

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

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

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

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

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

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

$8,342,532J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

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


1	Contributions, gifts, grants, etc., received (attach schedule)	562,048
2	Check
3	Interest on savings and temporary cash investments	21,674		21,674
4	Dividends and interest from securities......	143,856		143,856
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		23,022
b	Gross sales price for all assets on line 6a 2,455,360
7	Capital gain net income (from Part IV, line 2)...			73,532
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		-126	-126
12	Total. Add lines 1 through 11........	750,474		238,936
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		672	0	0	672
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		49,871	49,871
17	Interest...............
18	Taxes (attach schedule) (see instructions)		664	83
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		37,634	19		37,615
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	88,841		49,973	0	38,287
25	Contributions, gifts, grants paid........	1,175,500				1,175,500
26	Total expenses and disbursements. Add lines 24 and 25	1,264,341		49,973	0	1,213,787
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-513,867
b	Net investment income (if negative, enter -0-)			188,963
c	Adjusted net income (if negative, enter -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
Part II		Balance Sheets		(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........		4,174,419	386,087	386,087
	3	Accounts receivable 2,238
		Less: allowance for doubtful accounts		16,281	2,238	2,238
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)			827,052	797,252
	b	Investments—corporate stock (attach schedule)........		1,913,942	3,925,846	4,745,745
	c	Investments—corporate bonds (attach schedule)........		2,023,466	2,416,935	2,355,130
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........			56,083	56,080
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)		8,128,108	7,614,241	8,342,532
		17	Accounts payable and accrued expenses..........
18		Grants payable...................
19		Deferred revenue..................
20		Loans from officers, directors, trustees, and other disqualified persons
21		Mortgages and other notes payable (attach schedule)......
22		Other liabilities (describe )
23		Total liabilities (add lines 17 through 22)..........			0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds		8,128,108	7,614,241
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................		8,128,108	7,614,241
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................		8,128,108	7,614,241

Part III	Analysis of Changes in Net Assets or Fund Balances
1	Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
	with end-of-year figure reported on prior year’s return)...............	1	8,128,108
2	Enter amount from Part I, line 27a.....................	2	-513,867
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	7,614,241
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	7,614,241

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	Publicly-traded Securities
b	Passthrough K1 Capital Gain
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	2,455,360	2,381,882	73,478
b			54
c
d
e

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			73,478
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	73,532
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . . . .		3

Part V

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

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

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

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

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

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2012	5,673,677	11,280,456	0.502965
2011	1,189,576	1,040,534	1.143236
2010	112,718	111,683	1.009267
2009	5,055	42,161	0.119898
2008	0	0	0.0

2	Total of line 1, column (d) ......................	2	2.775366
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	0.693842
4	Enter the net value of noncharitable-use assets for 2013 from Part X, line 5.....	4	8,318,238
5	Multiply line 4 by line 3.......................	5	5,771,543
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	1,890
7	Add lines 5 and 6.........................	7	5,773,433
8	Enter qualifying distributions from Part XII, line 4..............	8	1,213,787
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2013)

Page 4

Part VI

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

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	3,779
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2............................	3	3,779
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-).	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	3,779
6	Credits/Payments:

a	2013 estimated tax payments and 2012 overpayment credited to 2013	6a	400
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c	2,223
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	2,623
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	1,156
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2014 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

Yes

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

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

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

Yes

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

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

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

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

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

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

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

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

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

Yes

Website address bullet

The books are in care of bullet

co Foundation Source Telephone no. bullet

(800) 839-1754

Located at bullet

501 Silverside Road Suite 123WilmingtonDE ZIP+4 bullet

198091377

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

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

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

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

16 No

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

foreign country bullet

Form 990-PF (2013)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

If "Yes," list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2013)

Page 6

Part VIII

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

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
Donald Lee Lucas	Co-Pres / Dir / Sec 1.0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Co-Pres / Dir / Sec 1.0	0
Sally Steadman Lucas	Co- Pres / Dir 1.0	0
Foundation Source 501 Silverside Rd Wilmington,DE198091377	Co- Pres / Dir 1.0	0

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










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

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

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

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Form 990-PF (2013)

Page 7

Part IX-B

Summary of Program-Related Investments (see instructions)

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


2


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

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

Part X

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

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

purposes:

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

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

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

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

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

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

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

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

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

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

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

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

Part XI

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

and do not complete this part.)

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

415,912

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

3,779

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

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

3,779

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

412,133

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

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

412,133

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

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

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

412,133

Part XII

Qualifying Distributions (see instructions)

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

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

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

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

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

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

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

Form 990-PF (2013)

Page 8

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2013
1 Distributable amount for 2013 from Part XI, line 7			412,133
2 Undistributed income, if any, as of the end of 2013:
a Enter amount for 2012 only.......
b Total for prior years:2011, 2010, 2009
3 Excess distributions carryover, if any, to 2013:
a From 2008.......
b From 2009.......	3,704
c From 2010.......	107,134
d From 2011.......	1,137,551
e From 2012.......	5,109,835
fTotal of lines 3a through e.........		6,358,224
4Qualifying distributions for 2013 from Part
XII, line 4: $ 1,213,787
a Applied to 2012, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions)......
c Treated as distributions out of corpus (Election required—see instructions).........
d Applied to 2013 distributable amount.....			412,133
e Remaining amount distributed out of corpus		801,654
5 Excess distributions carryover applied to 2013.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		7,159,878
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2012. Subtract line 4a from line 2a. Taxable amount—see instructions .............
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) .............
8Excess distributions carryover from 2008 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2014. Subtract lines 7 and 8 from line 6a ......		7,159,878
10 Analysis of line 9:
a Excess from 2009....	3,704
b Excess from 2010....	107,134
c Excess from 2011....	1,137,551
d Excess from 2012....	5,109,835
e Excess from 2013....	801,654

Form 990-PF (2013)

Page 9

Part XIV

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

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

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

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

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

Part XV

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

1Information Regarding Foundation Managers:

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

DONALD LEE LUCAS

SALLY STEADMAN LUCAS

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

NONE

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

Check here bullet

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

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

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

cAny submission deadlines:

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

Form 990-PF (2013)

Page 10

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CENTRAL COAST HOSPICE FOUNDATION PO Box 1798 MONTEREY,CA93942	N/A	PC	General & Unrestricted	2,500
COMMUNITY HOSPICE INC 4368 SPYRES WAY MODESTO,CA95356	N/A	PC	General & Unrestricted	2,500
COMMUNITY HOSPITAL FOUNDATION PO BOX HH MONTEREY,CA93942	N/A	PC	General & Unrestricted	50,000
HAWAII COMMUNITY FOUNDATION 827 FORT ST MALL HONOLULU,HI96813	N/A	PC	Kukio Community Fund	10,000
MONTALVO ASSOCIATION 15400 MONTALVO RD SARATOGA,CA95070	N/A	PC	General & Unrestricted	10,000
MONTALVO ASSOCIATION 15400 MONTALVO RD SARATOGA,CA95070	N/A	PC	endowment gift to support The Sally and Don Lucas artists residency program	500,000
MONTALVO ASSOCIATION 15400 MONTALVO RD SARATOGA,CA95070	N/A	PC	Charitable Event	6,000
MONTEREY MUSEUM OF ART 559 PACIFIC ST MONTEREY,CA93940	N/A	PC	General & Unrestricted	15,000
NAVAL POSTGRADUATE SCHOOL FOUNDATION INC PO BOX 8626 MONTEREY,CA93943	N/A	PC	General & Unrestricted	2,500
NAVAL POSTGRADUATE SCHOOL FOUNDATION INC PO BOX 8626 MONTEREY,CA93943	N/A	PC	Gary Laughlin Excellent Student Fund	5,000
NORTH HAWAII COMMUNITY HOSPITAL INC 671125 MAMALAHOA HWY KAMUELA,HI96743	N/A	PC	General & Unrestricted	10,000
NORTHERN CALIFORNIA PGA FOUNDATION 411 DAVIS ST STE 103 VACAVILLE,CA95688	N/A	PC	Charitable Event	2,000
SALVATION ARMY GOLDEN GATE DIVISION 832 FOLSOM ST SAN FRANCISCO,CA94107	N/A	PC	Modesto, CA Division	2,500
SEVENTH-DAY ADVENTISTS LOMA LINDA UNIVERSITY MEDIC PO BOX 2000 LOMA LINDA,CA92354	N/A	PC	Robert J. Marckini Chair Program	2,500
SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS O 1002 MONTEREY SALINAS 68 MONTEREY,CA93940	N/A	PC	General & Unrestricted	20,000
TEENFORCE 344 BEAN AVE LOS GATOS,CA95030	N/A	PC	General & Unrestricted	10,000
THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY 1 WASHINGTON SQ SAN JOSE,CA95192	N/A	PC	General & Unrestricted	10,000
THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY 1 WASHINGTON SQ SAN JOSE,CA95192	N/A	PC	Charitable Event	10,000
THE TOWER FOUNDATION OF SAN JOSE STATE UNIVERSITY 1 WASHINGTON SQ SAN JOSE,CA95192	N/A	PC	Don and Sally Lucas College of Business	500,000
YOUNG MENS CHRISTIAN ASSOCIATION SILICON VALLEY 1922 THE ALAMEDA SAN JOSE,CA95126	N/A	PC	General & Unrestricted	5,000
Total ................................. 3a				1,175,500

bApproved for future payment

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

Form 990-PF (2013)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
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	21,674
4 Dividends and interest from securities....			14	143,856
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	23,022
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aK-1 Inc/Loss			14	-141
bForeign Tax Refund			01	15
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				188,426

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

13188,426

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2013)

Page 12

Part XVII

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

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

Yes

organizations?

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2013)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

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

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

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

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

OMB No. 1545-0047

2013

Name of the organization

Donald Lee and Sally Steadman Lucas
Foundation

Employer identification number

27-0167162

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

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

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

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

501(c)(3) taxable private foundation

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

General Rule

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

Special Rules

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

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

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

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

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

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

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

Page 2

Name of organization Donald Lee and Sally Steadman Lucas Foundation

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	Lucas Donald Lee 223 W Main Street Suite D Los Gatos, CA95030	$562,048	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

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

Page 3

Name of organization Donald Lee and Sally Steadman Lucas Foundation

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
1	AMER EQ INV LIFE HLD AEL, 16623 sh.	$411,502	2013-12-10
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
1	BAYER A G SPONSORED ADR BAYRY, 686 sh.	$90,545	2013-12-10
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

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

Page 4

Name of organization
Donald Lee and Sally Steadman Lucas
Foundation

Employer identification number

27-0167162

Part III

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

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

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

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

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

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

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

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

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

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

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

Additional Data

Software ID:
Software Version:

- TIN:

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

TY 2013 DepreciationSchedule

Name:

Donald Lee and Sally Steadman Lucas

Foundation

EIN: 27-0167162

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income	Adjusted Net Income	Cost of Goods Sold Not Included

- TIN:

TY 2013 InvestmentsCorpBondsSchedule

Name:

Donald Lee and Sally Steadman Lucas

Foundation

EIN: 27-0167162

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC SR NT 1.20% 11/06/2	25,257	25,254
ACE INA HOLDINGS NOTE - 5.9% -	31,226	29,186
ACMP/ACMP FIN ACMP 4.875% 05/1	9,979	9,650
AEGON NV	26,789	26,670
AIRCASTLE LTD SR NT - 6.750% -	5,313	5,575
ALLIANT TECHSYSTEMS INC - 6.87	9,934	9,698
ALLY FINL INC - 8.000% - 03/15	4,920	4,795
AMERICAN EXPRESS CO NT - 6.150	30,353	28,842
AMERICAN INTL GROUP INC - 4.25	26,411	25,648
AMERICAN MOVIL BD - 2.375% - 0	52,228	51,458
AMERISTAR CASINOS INC - 7.500%	5,313	5,425
ANADARKO PETROLEUM CORP - 5.95	28,048	27,852
AUTONATION INC NOTES-06.750%-0	10,268	10,418
AUTOZONE INC BD - 5.500% - 11/	27,152	27,070
AVIS BUDGET CAR - 8.250% - 01/	5,475	5,450
BAKER HUGHES INC NT - 7.500% -	32,657	30,802
BALL CORP NTS - 5.000% - 03/15	5,075	4,950
BANK NY INC MED TERM - 2.950%	52,789	51,759
BANK OF NOVA SCOTIA - 3.400% -	52,613	51,582
BARCLAYS BK PLC SR NT - 5.200%	26,646	25,601
BB&T CORPORATION SR NT-A 3.20%	52,483	52,285
BE AEROSPACE INC 05.250% - 04/	10,278	10,150
BHP BILLITON FINANCE(USA) LTD	50,632	50,359
BP CAP MKTS - 6.625% - 05/08/2	52,190	50,549
BRITISH COLUMBIA PROV DEB - 4.	50,151	44,981
BRITISH TELECOMMUNICATIONS PLC	25,328	25,220
CANADA GOVT BD - 2.500% - 06/0	98,893	91,238
CAPITAL ONE FINL COR - 2.125%	25,509	25,198
CASE CORP NT 7.25000% 01/15/20	5,610	5,513
CATERPILLAR FINL SVCS - 6.125%	53,296	50,331
CBRE SERVICES INC BOND 05.0000	8,110	7,690
CCO HLDGS LLC / CCO HLDGS CAP	4,738	4,725
CCO HLDGS LLC CAP CORP - 6.500	10,525	10,275
CDW LLC/ CDW FIN CORP - 8.000%	5,480	5,450
CHESAPEAKE ENERGY CORP - 6.12	5,213	5,363
CHS/CMNTY HEALTH SYS INC - 7.1	5,388	5,188
CIT GROUP INC BOND - 05.000% -	14,560	14,945
CITIGROUP INC - 08/07/15 - 2.2	25,540	25,520
CLEAR CHANNEL WORLDWIDE BOND -	10,043	10,213
COMCAST CORP NEW NT - 5.700% -	30,128	28,706
CONTINENTAL RESOURCES INC 4.50	4,988	5,069
CROWN AMERICAS LLC/CAP CORP II	5,475	5,425
CSC HLDGS INC - 7.625% - 07/15	5,875	5,719
DELPHI CORP BOND 05.00000% 02/	5,390	5,144
DUKE ENERGY CAROLINAS LLC - 7.	32,471	30,462
ECHOSTAR DBS CORP SR NT - 7.12	14,552	14,398
EL PASO CORP - 7.000% - 06/15	10,274	10,176
ENERGY TRANSFER EQUITY - 7.500	10,120	10,103
EVEREST ACQ LLC - 9.375% - 05/	5,656	5,769
EXPRESS SCRIPTS INC - 3.125%	26,525	26,149
FEDERAL NATL MTG ASSN #MA0865	48,433	48,168
FEDERAL NATL MTG ASSN POOL #AH	51,636	51,857
FEDERAL NATL MTG ASSN POOL #AL	44,699	44,718
FEDERAL NATL MTG ASSN POOL #AL	43,439	42,811
GENERAL ELEC CAP CORP MTN BE 6	58,356	58,665
GENERAL MLS INC NTS - 5.700% -	29,465	27,993
GENON ESCROW CORP - 9.875% - 1	5,700	5,550
GMAC LLC GTD SR NT - 8.000% -	10,240	9,570
GOLDMAN SACHS GROUP INC - 3.30	26,058	25,749
GRAPHIC PACKAGING INTL 4.75% 0	4,948	4,950
HALCON RESOURCES CORP 8.875% 5	5,120	5,050
HARRAHS OPER INC SR SECD - 11.	5,388	5,100
HCA INC - 7.875% - 02/15/2020	15,678	15,033
HERTZ CORP SR NT - 6.750% - 04	5,523	5,338
HUNTINGTON INGALLS INDS INC -	9,844	9,720
ICAHN ENTERPRISES - 8.000% - 0	5,319	5,200
INTEL CORP SR NT - 1.35000% -	50,037	49,416
INTELSAT JACKSON HLDGS LTD - 7	9,720	9,720
INTERNATIONAL LEASE FIN CORP -	10,508	10,530
IRON MOUNTAIN INC BOND - 5.750	5,121	4,638
IRON MTN INC DEL SR SB NT - 8.	5,550	5,388
KEYCORP NOTE - 3.75% - 08/13/2	26,655	26,144
KINETIC CONCEPTS INCSR NT 10.5	5,450	5,750
KRAFT FOODS GROUP INC 6.125% 0	29,527	29,141
LEUCADIA NATL CORP NTS - 8.125	4,490	4,429
LEVEL 3 FINANCING INC. BOND- 8	9,608	9,855
LINN ENERGY LLC - 7.750% - 02/	5,350	5,288
MARKWEST ENERGY - 5.500% - 02/	10,325	10,075
MARKWEST ENERGY PARTNERS-06.75	5,510	5,425
MASCO CORP NT - 5.950% - 03/15	10,013	9,518
MGM MIRAGE INC NOTES - 7.625%	5,388	5,688
NCR CORP - 5.000% - 07/15/2022	4,891	4,756
NRG ENERGY INC-8.50%-06/15/201	5,550	5,338
OFFSHORE GROUP INVT LTD - 7.5%	5,418	5,438
OIL STS INTL INC SR NT 6.50000	5,351	5,319
PEABODY ENERGY CORP NOTE - 6.5	5,275	5,263
PETROBAS INTL FIN CO -2.875% -	25,780	25,375
PLAINS EXPL& PRO CO - 6.625% -	5,150	5,483
POST HLDGS INC SR NT 7.37500%	15,136	14,980
RANGE RES CORP - 6.750% - 08/0	9,866	9,743
REYNOLDS GROUP ISSUER LLC - 5.	4,950	5,100
RIO TINTO FIN USA PLC 1.375% 0	25,085	25,389
SALLY HLDGS LLC - 5.750% - 06/	5,463	5,200
SANDRIDGE ENERGY INCSR NT - 7.	5,388	5,238
SBC COMMUNICATIONS - 5.100% -	53,841	51,593
SEARS HLDGS CORP - 6.625% - 10	10,175	9,955
SIMON PPTY GROUP LP NT - 5.100	26,983	26,624
SLM CORP BOND 05.500% 01/25/20	4,713	4,723
SMITHFIELD FOODS INC - 7.750%	5,688	5,863
SPRINT CAP CORP GTD NT - 6.900	10,875	10,925
STATOIL ASA - 3.125% - 08/17/2	54,629	52,515
T-MOBILE USA INC 6.542% 042820	5,219	5,313
TARGET 6% 1/15/2018	60,917	57,741
TENET HEALTHCARE CORP - 4.750%	4,959	4,888
TOTAL CAPITAL - 3.125% - 10/0	53,452	52,178
TRAVELERS COS INC - 3.900% - 1	57,090	52,676
TW TELECOM HOLDINGS INC COMPAN	4,769	4,913
UNION PAC CORP SR 7/15/22 4.16	26,403	25,720
UNITED RENTALS NORTH NTS - 9.2	10,345	10,035
VERIZON COMMUNICATIONS INC - 2	51,869	51,017
VISTEON CORP SR NT - 6.750% -	4,210	4,250
VODAFONE GROUP PLC NOTE - 4.15	26,270	25,399
WELLS FARGO & CO NOTE - 3.676%	54,279	53,236
WESTPAC BANKING NT - 4.875% -	58,756	55,481
WYNN LAS VEGAS LLC - 7.875% -	5,675	5,513
ZAYO GROUP LLC/ZAYO CAP - 8.12	5,550	5,475

- TIN:

TY 2013 InvestmentsCorpStockSchedule

Name:

Donald Lee and Sally Steadman Lucas

Foundation

EIN: 27-0167162

Name of Stock	End of Year Book Value	End of Year Fair Market Value
3M CO	30,156	42,075
ABB LTD.	5,837	7,862
ACCENTURE PLC	21,610	24,666
ACTELION LTD	13,288	15,335
ADIDAS AG	5,074	7,836
AFFILIATED MANAGERS GROUP	5,348	9,109
AIR PRODS & CHEM INC.	25,574	33,534
AIRGAS INC	3,937	4,921
ALEXION PHARMACEUTICALS, INC.	14,736	20,995
ALKERMES	8,894	18,216
ALLIANCE DATA SYSTEM CORP	9,429	17,616
ALLIANZ SE ADR	5,110	6,436
AMADEUS IT HLDS SA	4,418	7,952
AMCOR LTD	4,442	4,851
AMER EQ INV LIFE HLD	411,501	438,514
AMERICAN EXPRESS CO	25,688	31,756
ANHEUSER BUSCH COS INC	8,584	10,646
APPLE INC.	136,985	168,305
AT&T CORP COM	17,412	17,580
ATHENAHEALTH	3,152	4,708
AUTOMATIC DATA PROCESSING INC.	17,955	24,240
AVAGO TECHNOLOGIES LIMITED	6,252	9,836
B&G FOODS INC COMMON STOCK	4,786	4,646
BAIDU.COM - ADR	4,789	9,250
BALLY TECHNOLOGIES INC	5,396	8,865
BANCO BRADESCO S.A. SPONS ADR	8,367	6,992
BAXTER INTERNATIONAL INC.	31,593	31,298
PTC INC	1,694	1,699
BB&T CP	12,256	13,062
BE AEROSPACE, INC.	8,229	16,014
BEACON ROOFING SUPPLY, INC	7,206	9,184
BECTON DICKINSON & CO	18,715	22,098
BELLE INTL HLDG ADR	4,087	3,021
BERKSHIRE HATHAWAY INC. CLASS	35,580	40,785
BIOMARIN PHARMACEUTICAL INC.	7,699	11,045
BLACKROCK INC	18,741	31,647
BOEING CO	26,816	27,298
BOMBARDIER INC B	14,549	19,779
BRAMBLES LTD UNSP AD	4,678	5,645
BRITISH AMERICAN TOBACCO PLC	9,775	10,097
BRITISH SKY BROADCASTING ADR	7,654	8,547
BRUNSWICK CORPORATION COMMON	5,893	8,475
BUNZL PLC SPONSORED ADR	6,272	9,023
CACI INTL INC	6,576	8,933
CADENCE DESIGN SYSTEMS INC.	8,925	9,660
CALRSBERG AS SP ADR REP B	7,191	7,470
CANADIAN NATL RAILWAY CO	4,124	5,474
CARDTRONICS INC	5,082	9,646
CARPENTER TECH	5,171	6,655
CAVIUM INC.	5,845	5,384
CBS CORP CL B	18,866	25,496
CENOVUS ENERGY INC	3,786	3,352
CENTRICA PLC S/ADR	5,945	6,490
CGI GROUP INC CL A SUB VTG SHS	4,831	6,324
CHEUNG KONG HLDGS LTD ADR	5,630	6,134
CHEVRON CORP	27,792	31,228
CHICAGO BRIDGE & IRON	28,497	35,916
CHINA MOBILE HGK LTD	3,417	3,190
CHUBB CORP	24,781	28,989
CIELO SA ADR	2,850	3,584
CIENA CORP	3,286	3,326
CINEMARK HOLDINGS INC	5,464	6,966
CINTAS CRP	6,065	8,819
CISCO SYSTEMS INC	31,887	33,645
CITY NATL CP	5,876	9,190
CME GROUP, INC	16,016	16,320
CNOOC LTD ADS	9,023	8,257
COCA-COLA AMATIL LTD ADR	4,012	3,082
COCA-COLA CO	23,633	24,786
COLUMBIA INCOME OPPORTUNITIES	100,000	101,009
COMPAGNIE FINANCIERE RICHEMONT	14,397	18,871
COMPASS GROUP PLC ADR	7,940	11,420
CONOCOPHILLIPS	24,382	28,260
COPA HOLDINGS S.A.	6,880	7,365
CORNING INC	15,861	21,384
COSTCO WHOLESALE CORP	27,190	29,755
CREE, INC.	6,617	6,627
CROWN HOLDINGS INC	5,820	6,953
CULLEN FROST BANKERS INC	29,973	37,215
DASSAULT SYSTEMES SA	13,965	13,677
DENSO CORP ADR	3,114	5,078
DEUTSCHE BOERSE ADR	2,928	4,373
DEUTSCHE POST AG	3,325	4,991
DEUTSCHE TELE AG ADS	4,366	5,765
DIAGEO PLC ADS	30,725	33,105
DICK'S SPORTING GDS	5,386	6,333
EAGLE MATERIALS INC	5,277	7,356
EBAY INC.	36,546	38,409
ENCANA CORP	3,559	3,484
ENSTAR GROUP INC	9,766	13,335
ERICSSON L M TEL CO	3,286	4,578
EXXON MOBIL CORP	41,781	47,665
FANUC CORP	9,975	10,871
FANUC LIMITED UNSPONSORED	7,009	8,169
FAST RETAILING CO LTD	13,011	24,509
FEI CO.	4,458	5,362
FIRST CASH FINL SERVICES INC	4,698	6,122
FOMENTO ECONOMICO MEXICANO	2,961	3,034
FOOT LOCKER INC N.Y. COM	5,323	6,465
FORTINET INC	6,089	5,662
FRANKLIN FLOATING RATE DAILY A	149,999	150,901
GALAXY ENTERTAINMENT GROUP LIM	2,701	6,687
GEMALTO	11,013	13,561
GENERAL ELECTRIC CO	26,900	30,833
GENESEE	4,549	6,147
GILDAN ACTIVEWEAR INC	5,223	7,303
GILEAD SCIENCES INC	17,608	30,040
GIVAUDAN AG SWITZERLAND	6,012	7,163
GNC CORP	5,144	8,592
GOOGLE INC CL A	88,468	124,398
GREENHILL & COMPANY INC	5,449	6,142
GRUPO TELEVISA ADR	6,033	7,928
HERSHEY FOODS CORP COMMON	26,220	29,169
HEXCEL CP DELAWARE	5,073	5,407
HILSHIRE BRANDS CO	5,552	5,250
HOME DEPOT INC.	36,342	41,170
HOME PPTYS INC	3,846	3,539
HONEYWELL INTERNATIONAL INC.	36,529	45,685
HUNT J B	36,124	38,650
HUTCHISON WHAMPOA LTD ADR	5,550	7,235
IDEX CP	6,087	10,044
IDEXX CORP	9,501	10,956
IMPERIAL TOBACCO GRO	7,316	7,234
INCYTE CORPORATION	3,179	8,911
INDUSTRIA DE DISENO TEXTIL	7,416	9,409
INDUSTRIAL & COM UNSP/ADR	6,149	6,288
INT'L FLAVORS & FRAGRANCES INC	11,190	14,101
INTEL CORP	18,189	19,470
INTUITIVE SURGICAL, INC.	13,970	10,370
JAPAN EXCHANGED GROUP INC	8,201	15,879
JARDEN CORP	4,983	5,951
JARDINE STRATEGIC HOLDINGS	20,454	18,752
JOHNSON & JOHNSON	45,527	50,375
JOHNSON CONTROLS INC.	24,927	35,910
KEPPEL CORP LTD ADR	5,490	5,796
KEYENCE	14,086	21,106
KINGFISHER PLC	3,143	4,687
KIRBY CORPORATION	8,897	13,597
KOMATSU LTD.	4,736	4,342
KOSMOS ENERGY LTD.	8,190	8,441
KUKA AG	12,718	17,735
LAS VEGAS SANDS CORP	13,988	25,317
LEUCADIA NATL CORP	8,678	10,401
LIVEPERSON, INC.	3,025	3,290
LKQ CORPORATION	5,741	8,653
LOUISIANA PACIFIC CP	6,105	6,775
MARKETAXESS HOLDINGS, INC.	6,471	14,390
MASTEC INC	6,898	7,853
MASTERCARD INC	65,023	103,596
MCDONALD'S CORP	38,688	38,812
MEDIVATION, INC.	4,540	5,680
METTLER-TOLEDO INTL	8,073	10,674
MICROS SYSTEMS, INC	7,192	9,351
MICROSOFT CORPORATION	16,708	18,705
MIDDLEBY CORPORATION	3,190	3,596
MONSANTO CO	54,303	62,703
NATL OILWELL VARCO	24,557	23,859
NESTLE S.A.	5,370	6,255
NIDEC CORP	10,591	16,561
NIKE INC-CL B	27,470	39,320
NOBLE GROUP LTD BERMUDA	10,387	10,050
NOVARTIS AG ADR	34,468	41,878
NOVO NORDISK A S	70,381	80,554
NOVOZYMES A/S	11,313	18,264
NUANCE COMMUNICATIONS, INC.	7,663	5,654
OASIS PETROLEUM CORP	3,268	3,335
OCCIDENTAL PETROLEUM CORP	22,957	28,530
OCEANERING INTL INC	7,043	9,860
OIL STATES INTL INC	4,918	7,324
ON ASSIGNMENT, INC.	8,070	14,178
ONEX CORP	13,938	18,613
PANERA BREAD CO. CL. A.	7,402	7,951
PARAMETRIC TECHNOLOGY CORP	4,585	5,981
PAREXEL INTERNATIONAL CORPORAT	5,091	7,184
PEPSICO INC	26,354	29,029
PERRIGO CO PLC	4,706	7,059
PFIZER INC.	35,873	38,288
PIER 1 IMPORTS INC	7,448	8,378
PNC FINANCIAL GROUP INC.	24,310	31,032
POLARIS INDUSTRIES	6,324	10,923
PORTFOLIO RECOVERY ASSOCIATES,	7,346	12,048
PROCTER GAMBLE CO	37,391	40,705
PT BK MANDIR PRS UNSP/ADR	4,491	4,612
PUBLICIS GROUPE S.A	6,581	10,796
QUALCOMM INC	38,540	44,550
QUESTCOR PHARMACEUTICALS, INC.	5,442	10,944
RACKSPACE HOSTING INC	4,508	4,030
RAKUTEN INC TOKYO 01/15 @ 88.7	16,605	25,239
RAYONIER INC	5,183	4,421
REED ELSEVIER PLC	8,971	13,872
REGENERON PHARMACEUTICALS, INC	11,735	18,992
RENAISSANCERE HOLDINGS LTD	11,381	13,822
RHJ INTL 01/11 1.3349 EUR	580	549
ROCHE HLDNGS AG-GENUSSCHEIN	11,602	16,532
ROCHE HOLDING LTD ADR	36,700	47,385
ROCKWELL AUTOMATION INC	13,251	19,142
ROLLS ROYCE GRP PLC S/ADR	13,256	20,146
ROYAL DUTCH SHEL PLC SPONS	7,421	8,112
SALVATORE FERRAGAMO ITALIA SPA	7,081	11,011
SAP AKTIENGESELL ADS	10,609	12,287
SBA COMMUNICATIONS	3,789	5,031
SCHLUMBERGER LTD	22,106	27,033
SCHNEIDER ELEC UNSP/ADR	3,818	5,072
SEMTECH CORPORATION	3,128	3,211
SENOMYX	1,646	4,903
SHINSEI BK LTD	14,910	22,789
SHIP FINC INTL	10,665	11,532
SHIRE PLC	4,825	7,630
SIRONA DENTAL SYSTEMS INC	10,225	11,302
SMITH & NEPHEW PLC ADR	5,129	6,528
SMITH A O CORP DEL COM	8,468	13,323
SOFTBANK CORP JAPAN	14,887	19,461
SOVRAN STORAGE	5,522	5,539
STANLEY BLACK & DECKER INC	26,528	28,242
STARBUCKS CORP COM	15,204	15,678
STERICYCLE INC	31,795	34,851
SUNCOR ENERGY INC	7,104	7,571
SWATCH GROUP AG SWITZERLAND	7,194	7,954
SWEDBANK AB S/ADR	3,531	5,520
SYNGENTA AG ADS	6,210	6,475
TAIWAN SEMICONDUCTOR MFG CO LT	6,710	7,011
TARGET CORPORATION	26,707	25,308
TENNECO INC	4,703	8,599
TEVA PHARMECEUTICAL SP ADR	8,803	8,978
THE FRESH MARKET INC	9,768	7,290
TIBCO SOFTWARE	7,087	6,227
TJX COMPANIES INC	32,643	44,611
TOTAL FINA ELF S.A.	7,252	8,700
TOYOTA MTR CORP	5,530	7,071
TRACTOR SUPPLY CO COM	5,609	9,620
TRANSCANADA CORP	5,754	5,799
TREEHOUSE FOODS INC	4,852	4,893
TRIMBLE NAV LTD	8,037	9,751
UBS AG	3,746	3,985
ULTIMATE SOFTWARE GROUP, INC.	3,979	6,282
UNILEVER N V N Y	4,869	5,391
UNITED PARCEL SERVICE	24,212	31,524
UNITED RENTALS INC	8,716	12,316
UNITEDHEALTH GROUP INC.	14,842	15,060
UNIVERSAL HLTH SVC B	6,955	12,920
URBAN OUTFITTERS, INC	9,226	8,459
VALEANT PHARMACEUTICALS INTL	8,939	19,019
VOLKSWAGEN AG	3,974	5,418
WALT DISNEY HOLDINGS CO.	30,718	38,200
WELLS FARGO & CO.	25,228	31,780
WEX INC	6,296	8,715
WEYERHAEUSER CO	23,676	25,256
WILLIAMS SONOMA INC.	4,458	4,488
WPP GROUP PLC	7,271	12,175
XILINX INC.	16,798	16,072

- TIN:

TY 2013 InvestmentsGovtObligationsSch

Name:

Donald Lee and Sally Steadman Lucas

Foundation

EIN: 27-0167162

US Government Securities - End of Year Book Value:

827,052

US Government Securities - End of Year Fair Market Value:

797,252

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

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

- TIN:

TY 2013 InvestmentsLandSchedule2

Name:

Donald Lee and Sally Steadman Lucas

Foundation

EIN: 27-0167162

Category/ Item	Cost/Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value

- TIN:

TY 2013 InvestmentsOtherSchedule2

Name:

Donald Lee and Sally Steadman Lucas

Foundation

EIN: 27-0167162

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
US COMMODITY INDEX FUND		56,083	56,080

- TIN:

TY 2013 LandEtcSchedule2

Name:

Donald Lee and Sally Steadman Lucas

Foundation

EIN: 27-0167162

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value

- TIN:

TY 2013 LegalFeesSchedule

Name:

Donald Lee and Sally Steadman Lucas

Foundation

EIN: 27-0167162

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
General Governance/Counseling	672			672

- TIN:

TY 2013 OtherExpensesSchedule

Name:

Donald Lee and Sally Steadman Lucas

Foundation

EIN: 27-0167162

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
Administrative Fees	37,590		37,590
Bank Charges	19	19
State or Local Filing Fees	25		25

- TIN:

TY 2013 OtherIncomeSchedule2

Name:

Donald Lee and Sally Steadman Lucas

Foundation

EIN: 27-0167162

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
K-1 Inc/Loss US COMMODITY INDEX FUND	-141	-141
Foreign Tax Refund	15	15

- TIN:

TY 2013 OtherProfessionalFeesSchedule

Name:

Donald Lee and Sally Steadman Lucas

Foundation

EIN: 27-0167162

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Investment Management Services	49,871	49,871

- TIN:

TY 2013 TaxesSchedule

Name:

Donald Lee and Sally Steadman Lucas

Foundation

EIN: 27-0167162

Category	Amount	Net Investment Income
990-PF Estimated Tax for 2013	400
990-PF Excise Tax for 2012	181
Foreign Tax Paid	83	83