Form990-PF

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

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 80007   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
INDIANAPOLIS, IN46280
A Employer identification number

35-2024586
B Telephone number (see instructions)

(317) 580-2002
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$32,069,913J 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...... 679,381 679,381  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 214,920
b Gross sales price for all assets on line 6a 2,108,623
7 Capital gain net income (from Part IV, line 2)... 214,920
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)....... Click to see attachment 83 83  
12 Total. Add lines 1 through 11........ 894,384 894,384  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 97,000 0   97,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 3,928 0   0
b Accounting fees (attach schedule)....... Click to see attachment 40,581 0   0
c Other professional fees (attach schedule).... Click to see attachment 99,541 97,702   0
17 Interest............... 1,026 1,026   0
18 Taxes (attach schedule) (see instructions) Click to see attachment 25,739 7,318   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 120,233 120,233   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 388,048 226,279   97,000
25 Contributions, gifts, grants paid........ 1,434,620 1,419,620
26 Total expenses and disbursements. Add lines 24 and 25 1,822,668 226,279   1,516,620
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -928,284
b Net investment income (if negative, enter -0-) 668,105
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
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 377,677 97,520 97,520
2 Savings and temporary cash investments.......... 2,965,466 2,479,765 2,479,765
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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 bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 1,065,706 Click to see attachment1,072,795 1,159,775
b Investments—corporate stock (attach schedule)........ 25,172,838 Click to see attachment24,977,949 27,662,493
c Investments—corporate bonds (attach schedule)........ 131,629 Click to see attachment131,629 142,410
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,349,262 Click to see attachment765,105 526,128
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment1,822 Click to see attachment1,822
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 31,062,578 29,526,585 32,069,913
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) Click to see attachment0 Click to see attachment3,777
23 Total liabilities (add lines 17 through 22).......... 0 3,777
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......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 31,062,578 29,522,808
30 Total net assets or fund balances (see page 17 of the
instructions).................... 31,062,578 29,522,808
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 31,062,578 29,526,585
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 31,062,578
2 Enter amount from Part I, line 27a..................... 2 -928,284
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 30,134,294
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 611,486
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 29,522,808
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 BROOKFIELD PROPERTY PARNTERS P 2013-04-18 2013-04-18
b CRIMSON WINE GROUP P 2013-03-01 2013-03-01
c PENNEY JC CO P 2012-11-28 2013-07-24
d RIT CAPITAL PARTNERS P 2012-07-11 2013-06-06
e PIMCO COMMODITY REAL RETURN P 2010-01-01 2013-01-28
GLENROCK GLOBAL PARNTERS P 2006-01-01 2013-06-07
BEIJING CAPITAL INT AIRPORT P 2006-03-26 2013-04-26
EQUITY LIFESTYLE PPTYS P 2011-06-10 2013-10-01
FRANCO NEVADA CORP P 2010-11-10 2013-05-21
GENERAL GROWTH PPTYS P 2010-08-11 2013-03-19
GREENLIGHT CAPITAL P 2011-03-22 2013-06-25
JARDEN CORP P 2009-10-16 2013-04-09
JARDINE STRATEGIC HLDGS P 2010-11-03 2013-11-01
PENNEY JC CO INC P 2011-10-25 2013-07-24
PHILIP MORRIS INTL INC P 2006-06-20 2013-05-14
RIT CAPITAL PARTNERS P 2011-10-12 2013-05-13
ROUSE PPTYS P 2012-04-11 2013-09-24
SCRIPPS E W CO OHIO P 2009-04-03 2013-09-30
THE LINK REAL ESTATE INVESTMENT P 2006-01-07 2013-01-09
WPX ENERGY INC P 2012-02-02 2013-04-18
GLENROCK GLOBAL PARNTERS P 2006-01-01 2013-02-01
MC HOLDING II P 2008-01-01 2013-12-27
ICAHN K-1 ACTIVITY P 2011-01-01 2013-12-31
MC HOLDING II K-1 ACTIVITY P 2011-01-01 2013-12-31
MERRIWELL K-1 ACTIVITY P 2011-01-01 2013-12-31
KKR K-1 ACTIVITY P 2011-01-01 2013-12-31
OAKTREE K-1 ACTIVITY P 2011-01-01 2013-12-31
BLACKSTONE K-1 ACTIVITY P 2011-01-01 2013-12-31
ICAHN K-1 ACTIVITY P 2012-01-01 2013-12-31
MERRIWELL K-1 ACTIVITY P 2012-01-01 2013-12-31
KKR K-1 ACTIVITY P 2012-01-01 2013-12-31
OAKTREE K-1 ACTIVITY P 2012-01-01 2013-12-31
BLACKSTONE K-1 ACTIVITY P 2012-01-01 2013-12-31
CAPITAL GAINS 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 11     11
b 4     4
c 4,530   5,256 -726
d 12,568   13,372 -804
e 571,781   711,458 -139,677
493,389   538,343 -44,954
16,510   18,330 -1,820
7,455   6,631 824
13,910   8,742 5,168
11,675   6,657 5,018
6,486   6,755 -269
5,484   2,442 3,042
31,970   24,672 7,298
2,297   4,833 -2,536
5,588   3,201 2,387
8,339   9,162 -823
6,528   4,176 2,352
7,779   756 7,023
4,503   2,188 2,315
5,715   7,639 -1,924
508,551   500,000 8,551
1,822   19,073 -17,251
733     733
    15 -15
1,555     1,555
281     281
864     864
132     132
150     150
    2 -2
11     11
84     84
2     2
377,916     377,916
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       11
b       4
c       -726
d       -804
e       -139,677
      -44,954
      -1,820
      824
      5,168
      5,018
      -269
      3,042
      7,298
      -2,536
      2,387
      -823
      2,352
      7,023
      2,315
      -1,924
      8,551
      -17,251
      733
      -15
      1,555
      281
      864
      132
      150
      -2
      11
      84
      2
      377,916
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 2 214,920
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 1,607,515 32,591,249 .049324
2011 1,614,262 31,006,932 .052061
2010 657,000 25,215,172 .026056
2009 98,000 13,621,811 .007194
2008 263,966 4,406,075 .059910
2 Total of line 1, column (d) ...................... 2 .194545
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 .038909
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 32,057,403
5 Multiply line 4 by line 3....................... 5 1,247,321
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 6,681
7 Add lines 5 and 6......................... 7 1,254,002
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,516,620
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 6,681
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 6,681
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 6,681
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 47,513
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 47,513
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
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 40,832
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet40,832 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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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)
    bulletIN
    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 addressbulletN/A
    14
    The books are in care ofbulletTRANSFORMATION TRUST Telephone no.bullet (317) 580-2002
    Located atbulletPO BOX 80007INDIANAPOLISIN ZIP+4bullet46280
    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
     
     
    .........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
     
     
    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
     
    No
    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
     
    No
    .........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). Click to see attachment
    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
    SHEILA KLINK BOARD MEMBER
    20.00     		75,000 0 0
    PO BOX 80007
    INDIANAPOLIS,IN46280
    ELIZABETH HAMILTON BOARD MEMBER
    10.00     		22,000 0 0
    PO BOX 80007
    INDIANAPOLIS,IN46280
    PATSY HEARD BOARD MEMBER
    1.00     		0 0 0
    PO BOX 80007
    INDIANAPOLIS,IN46280
    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.........................bullet0
    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
    1,602,870
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    6,681
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,681
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,596,189
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,596,189
    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
    1,596,189
    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 1,596,189
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 1,014,594
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009.......  
    c From 2010.......  
    d From 2011.......  
    e From 2012.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 1,516,620
    a Applied to 2012, but not more than line 2a 1,014,594
    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..... 502,026
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2013. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		1,094,163
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010....  
    c Excess from 2011....  
    d Excess from 2012....  
    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
    AM 4 YOUTH CORPORATION
    3854 N PASADENA AVE
    INDIANAPOLIS,IN46226     		N/A PC CONTRIBUTION TO THE TEACHING ARTIST 58,120
    BARBARA BRENNAN CENTER FOR RESEARCH AND HEALING
    500 NE SPANISH RIVER BLVD SUITE 208
    BOCA RATON,FL33431     		N/A PF CONTRIBUTION TO SCHOLARSHIPS FOR STUDENTS 15,000
    BIG BROTHERS BIG SISTERS OF CENTRAL INDIANA
    2960 N MERIDIAN STE 150
    INDIANAPOLIS,IN46208     		N/A PC CONTRIBUTION TO MENTORING PROGRAM 20,000
    BRIDGES OF UNDERSTANDING
    1630 CRESCENT PLACE NW
    WASHINGTON,DC20009     		N/A PC CONTRIBUTION TO YOUTH TALK FUND 50,000
    CARE FOR KIDS FOUNDATION INC
    4760 KINGSWAY DR
    INDIANAPOLIS,IN46205     		N/A PC CONTRIBUTION TO OPPORTUNITY ROX PROGRAM 75,000
    CARPINTERIA EDUCATION FOUNDATION INC
    5201 8TH STREET SUITE 311
    CARPINTERIA,CA93013     		N/A PC CONTRIBUTION TO GENERAL FUND 30,000
    DRESS FOR SUCCESS INDIANAPOLIS INC
    820 N MERIDIAN ST
    INDIANAPOLIS,IN46204     		N/A PC CONTRIBUTION TO GENERAL FUND 20,000
    EITELJORG MUSEUM
    500 W WASHINGTON STREET
    INDIANAPOLIS,IN46204     		N/A PC CONTRIBUTION TO ARTIST FUND 100,000
    FOOD FAMILY FARMING FOUNDATION
    4810 RIVERBEND RD
    BOULDER,CO80301     		N/A PC CONTRIBUTION TO GENERAL FUND 40,000
    FRIENDS FOR YOUTH INC
    1741 BROADWAY
    REDWOOD CITY,CA94063     		N/A PC CONTRIBUTION TO EDUCATION ENHANCEMENT PROJECT 20,000
    GANGAJI FOUNDATION
    PO BOX 716
    ASHLAND,OR97520     		N/A PC CONTRIBUTION TO GENERAL FUND & GLOBAL TRANSLATIONS 50,000
    GANNA WALSKA LOTUSLAND FOUNDATION
    695 ASHLEY ROAD
    SANTA BARBARA,CA93108     		N/A EOF CONTRIBUTION TO GENERAL FUND 75,000
    GIRLS INC OF INDIANAPOLIS
    3935 N MERIDIAN ST
    INDIANAPOLIS,IN46208     		N/A PC CONTRIBUTION TO GENERAL FUND 25,000
    GRASS VALLEY CHARTER SCHOOL FOUNDATION
    342 S SCHOOL STREET
    GRASS VALLEY,CA95945     		N/A PC CONTRIBUTION TO CHARTER SCHOOL GARDEN 25,000
    HAMILTON COUNTY ENTREPRENEURSHIP INITIATIVE CORP
    9128 TECHNOLOGY LANE
    FISHERS,IN46038     		N/A PC CONTRIBUTION TO GENERAL FUND 25,000
    HAMILTON COUNTY VESTA FOUNDATION FOR CHILDREN INC
    4607 E 106TH ST
    CARMEL,IN46033     		N/A PC CONTRIBUTION TO GENERAL FUND 10,000
    HERITAGE PLACE OF INDIANAPOLIS INC
    4550 N ILLINOIS STREET
    INDIANAPOLIS,IN46208     		N/A PC CONTRIBUTION TO GENERAL FUND 25,000
    IMPERIAL VALLEY FOOD PANTRY
    329 APPLESTILLE ROAD
    EL CENTRO,CA92243     		N/A PC CONTRIBUTION TO GENERAL FUND 20,000
    INDIANA SYMPHONY SOCIETY INC
    32 E WASHINGTON ST STE 600
    INDIANAPOLIS,IN46204     		N/A PC CONTRIBUTION TO METROPOLITAN YOUTH ORCHESTRA FUND 100,000
    INDIANAPOLIS ART CENTER INC
    820 E 67TH ST
    INDIANAPOLIS,IN46220     		N/A PC CONTRIBUTION TO SUPPORTIVE MENTORING THROUGH ART 20,000
    INSIDE OUT COMMUNITY ARTS INC
    2210 LINCOLN BLVD
    VENICE,CA90291     		N/A PC CONTRIBUTION TO THE SCHOOL PROJECT FUND 50,000
    JOYCE CARELOCK MINISTRIES
    9161 LIBERIA AVENUE SUITE 200
    MANASSAS,VA20110     		N/A PC CONTRIBUTION TO CAREER DEVELOPMENT, TEEN PARENTING, ANNUAL CONFERENCE 10,000
    LIVING LANDS AGRARIAN NETWORK
    PO BOX 1559
    NEVADA CITY,CA95959     		N/A PC CONTRIBUTION TO THE FOOD LOVE PROJECT FUND 32,000
    MIRACLE HOUSE OF NEW YORK INC
    2830 S CENTRAL AVE
    LOS ANGELES,CA90011     		N/A PC CONTRIBUTION TO BRIDGE TO THE FUTURE/FACILITY EXPANSION 75,000
    MIRACLE HOUSE OF NEW YORK INC
    630 NINTH AVENUE SUITE 603
    NEW YORK,NY10036     		N/A PC CONTRIBUTION TO HEALTH HOSPITALITY AND WELLNESS PROGRAM 12,500
    NAMI INDIANA INC
    2601 COLD SPRING ROAD
    INDIANAPOLIS,IN46222     		N/A PC CONTRIBUTION TO EDUCATIONAL PROGRAMS 5,000
    OJAI FOUNDATION
    9739 OJAI-SANTA PAULA ROAD
    OJAI,CA93023     		N/A PC CONTRIBUTION TO COUNCIL IN SCHOOLS 50,000
    P F BRESEE FOUNDATION
    184 S BIMINI PL
    LOS ANGELES,CA90004     		N/A PC CONTRIBUTION TO GENERAL FUND 20,000
    PACHAMAMA ALLIANCE
    PRESIDIO BLDG 1009
    SAN FRANCISCO,CA94129     		N/A PC CONTRIBUTION TO GENERAL FUND 15,000
    PLANNED PARENTHOOD
    200 S MERIDIAN STREET
    INDIANAPOLIS,IN46206     		N/A PC CONTRIBUTION TO WOMEN'S HEALTH FUND AND EDUCATION FUND;LISTTOTAL 100000 100,000
    PLEASANT RIDGE UNION SCHOOL DISTRICT
    22580 KINGSTON LANE
    GRASS VALLEY,CA95949     		N/A PC CONTRIBUTION TO DON'T STOP THE MUSIC! 50,000
    POSITIVE ACTION COMMUNITY THEATRE
    2061 VILLAGE PARK WAY 227
    ENCINITAS,CA92024     		N/A PC CONTRIBUTION TO THEATRE AND DANCE WORKSHOPS FUND 20,000
    RED ALERT ROBOTICS PARENT ORGANIZATION
    2717 SOUTH MORGANTOWN ROAD
    GREENWOOD,CA46143     		N/A PC CONTRIBUTION TO GENERAL FUND 5,000
    SANTA BARBARA BOWL FOUNDATION
    1122 NORTH MILPAS STREET
    SANTA BARBARA,CA93103     		N/A PC CONTRIBUTION TO SBB PROJECT 15,000
    SARAH HOUSE SANTA BARBARA
    2612 MODOC ROAD
    SANTA BARBARA,CA93105     		N/A PC CONTRIBUTION TO GENERAL FUND 12,000
    SIERRA NV MEMORIAL HOSPITAL FOUNDATION
    PO BOX 1810
    GRASS VALLEY,CA95945     		N/A PC CONTRIBUTION TO SCHOOL FOOD PROJECT FUND 110,000
    THE FRIENDSHIP CLUB
    11808 RED DOG ROAD
    NEVADA CITY,CA95959     		N/A PC CONTRIBUTION TO BRIGHT FUTURE ACADEMIC PROGRAM 20,000
    TRANSITIONS - MENTAL HEALTH ASSOCIATION
    784 HIGH STREET
    SAN LUIS OBISPO,CA93401     		N/A PC CONTRIBUTION TO GROWING GROUNDS VOCATIONAL PROGRAM 15,000
    YMCA OF SAN FRANCISCO
    940 POWELL STREET
    SAN FRANCISCO,CA94903     		N/A PC CONTRIBUTION TO FIFTYPLUS EMPLOYMENT SUPPORT PROGRAM 15,000
    Total .................................bullet 3a 1,434,620
    bApproved for future payment
    Total .................................bullet 3b 0
    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....     14 679,381  
    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.....     14 83  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 214,920  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 894,384 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13894,384
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2013 AccountingFeesSchedule
    Name:
    TRANSFORMATION TRUST INC
    EIN: 35-2024586
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 40,581 0   0

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

    TY 2013 ExpenditureResponsibilityStmt
    Name:
    TRANSFORMATION TRUST INC
    EIN: 35-2024586
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    BARBARA BRENNAN CENTER FOR RESEARCH AND HEALING INC
          		500 NE SPANISH RIVER BLVD
    BOCA RATON,FL33431     		2013-12-02 15,000 SCHOLARSHIPS FOR STUDENTS: THE ADVANCED STUDIES PROGRAM AT BARBARA BRENNAN CENTER FOR RESEARCH AND HEALING GIVES STUDENTS THE OPPORTUNITY TO EXOAND THEIR DEVELOPMENT AND LEARN TO FACILITATE THE HEALING OF OTHERS IN MANY FIELDS. THE THREE CURRENT STUDENTS WHO RECEIVED SCHOLARSHIPS WERE CHOSEN BASED ON FINANCIAL NEED, COMMITMENT TO THE PROGRAM, AND AN ESSAY DISCUSSING THEIR PROPOSAL FOR CREATIVE USE OF LEARNING. NO AMOUNTS CONTRIBUTED TO THE BARBARA BRENNAN CENTER FOR RESEARCH AND HEALING WERE USED FOR ANY PURPOSE OTHER THAN DESCRIBED ABOVE. 15,000 NONE. 7/19/2014 2014-07-14  

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    TRANSFORMATION TRUST INC
    EIN: 35-2024586
    Name of Bond End of Year Book Value End of Year Fair Market Value
    LOOMIS SAYLES BOND INSTL (LSBDX ) 100,024 104,264
    WILLIAMS COS INC (WMB ) 31,605 38,146

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    TRANSFORMATION TRUST INC
    EIN: 35-2024586
    Name of Stock End of Year Book Value End of Year Fair Market Value
    GREENLIGHT CAPITAL RE LTD COM STK 7,831 9,607
    OSAKA SECURITIES EXCHANGE CO LTD 4,652 14,430
    BEIJING CAPITAL INTERNATIONAL 0 0
    AUTONATION INC (AN) 23,126 48,895
    DISCOVERY COMMUNICATIONS INC (DISCA) 8,555 18,536
    FOREST CITY ENTERPRISES CL A (FCEA ) 10,560 12,224
    FRANCO NEVADA CORP COM 0 0
    HOWARD HUGHES CORP COM (HHC) 45,079 125,384
    IAC/INTERACTIVECRP COM (IACI) 20,456 45,035
    ICAHN ENTERPRISES LP DESPOSTITARY UNIT (IEP ) 26,356 56,456
    JARDEN CORP COM (JAH ) 22,959 65,767
    JARDINE STRATEGIC HLDGS (JSHLY) 0 0
    LEUCADIA NATL CORP (LUK ) 56,389 39,818
    MARKET VECTORS ETF TR GAMING ETF (BJK ) 5,360 17,088
    PHILIP MORRIS INTL INC COM (PM ) 16,387 26,313
    SCRIPPS E W CO OHIO CL A NEW (SSP ) 2,117 25,304
    SEARS HLDGS CORP (SHLD ) 25,281 18,145
    TIME WARNER INC NEWCOM NEW (TWX 6,106 20,567
    URBANA CORP COM CL A NON-VTG 11,985 7,278
    WYNN RESORTS LTD (WYNN ) 20,659 62,730
    GENERAL GROWTH PPTYS INC NEW COM (GGP) 7,504 13,025
    CGM FOCUS (CGMFX ) 212,383 178,039
    COHEN & STEERS GL INFRASTRUCTURE (CSUIX) 499,603 683,212
    COLUMBIA ACORN CLASS Z (ACRNX ) 140,648 189,394
    EV PARAMETRIC TAX MG (EITEX) 150,062 193,135
    IVA WORLDWIDE FUND CL I (IVWIX ) 2,043,944 2,436,968
    JENSEN PORTFOLIO CLASS I (JENIX ) 575,096 1,191,364
    JPMORGAN CORE BOND SELECT SHARES (WOBDX) 5,354,500 5,420,639
    MATTHEWS ASIAN GROWTH & INCOME FUND (MACSX) 88,000 104,145
    MERIDIAN GROWTH FUND (MERDX ) 133,616 133,616
    PIMCO TOTAL RETURN INSTL (PTTRX ) 5,326,972 5,155,809
    PAX WORLD BALANCED INDIVIDUAL INV (PAXWX) 870,000 1,083,405
    PAX WORLD GLOBAL GREEN FUND (PGINX) 500,000 800,709
    PIMCO COMMODITY REAL RETURN INST (PCRIX ) 0 0
    PIMCO EMERGING LOCAL BOND FD INST CL (PELBX) 1,181,837 1,086,145
    SUNTRUST BK ATLANTA GA 89,454 89,735
    GLENROCK 0 0
    BOLLORE EUR16 ISIN 4,632 11,758
    RIT CAPITAL PARNTERS ORD 0 0
    CBS CORP NEW CL B 10,416 23,265
    CBO HOLDINGS COM 4,493 10,392
    COLFAX CORP COM 14,518 32,418
    CONTINENTAL RES INC OKLA COM 4,601 7,764
    DISH NETWORK CORP 14,573 29,481
    DREAMWORKS ANIMATION SKG 42,934 79,556
    DUNDEE CORPORATION A SUB 58,497 41,954
    ECHOSTAR CORP CL A 5,370 6,961
    GOOGLE INC CL A 4,717 8,966
    LIBERTY MEDIA CORP NEW LIBERTY CAP COM 51,677 148,486
    LIMITED BRANDS INC 14,620 20,967
    ONEX CORP SUB.VTG 48,398 62,667
    PENNEY JC CO INC 0 0
    TOURMALINE OIL CORP COM NPV 6,465 8,330
    VIACOM INC NEW CL B 24,627 46,814
    EQUITY LIFESTYLE PPTYS INC COM (ELS) 10,232 12,137
    ISHARES TR RUSSELL 1000 VALUE INDEX FD (IWD) 609,426 931,530
    JPMORGAN CHASE & CO ALERIAN MLP INDEX 1,436,820 1,841,578
    ABERDEEN ASIA BOND INSTL CLASS 718,500 621,109
    EATON VANCE GLOBAL MACRO ABSLTE RT 1,434,386 1,327,930
    PIMCO SHORT TERM INSTITUTIONAL (PTSHX) 1,436,500 1,427,779
    RS GLOBAL NATURAL RESOURCES FUND CL Y (RSNYX) 718,500 650,119
    BROOKFIELD ASSET MANAGEMNT INC 10,307 12,503
    BROOKFIELD RESIDENTIAL PPTYS INC 5,182 11,321
    CALLOWAY REAL ESTATE INVT 20,527 16,765
    FAMILY DOLLAR STORES INC 5,698 5,587
    GLENCORE INTL PLC ORD 5,117 3,910
    HELLENIC EXCHANGES S.A. HOLDING 9,479 24,638
    LENNAR CORP CL A 4,127 6,171
    LIBERTY INTERACTIVE CORP INTERACTIVE 13,251 32,667
    ORCHARD SUPPLY HARDWARE STORES 1,405 6
    ORCHARD SUPPLY HARDWARE STORES PFD 99 0
    ROUSE PROPERTIES INC 44,251 71,962
    SEARS CANADA INC 1,818 1,933
    TEXAS PACIFIC LAND TRUST SUB 5,323 9,099
    THE LINK REAL ESTATE INVESTMENT 0 0
    VIASAT INC 5,393 6,954
    WENDYS COMPANY 30,181 55,389
    WPX ENERGY INC 4,082 5,034
    E.I.I GLOBAL PROPERT (EIIGX) 575,219 555,269
    ASCENT CAP GROUP INC (ASCMA) 6,337 8,385
    BURGER KING WORLDWIDE INC 6,271 7,932
    CRIMSON WINE GROUP (CWGL) 1,660 1,238
    DREAM UNLIMITED CORP 38,247 52,760
    FREEPORT MCMORAN COPPER & GOLD INC (FCSX) 7,416 8,982
    STARZ COM (STRZA) 7,050 29,679
    SUSSER HOLDGS CORP (SUSS) 7,130 9,431

    TY 2013 InvestmentsGovtObligationsSch
    Name:
    TRANSFORMATION TRUST INC
    EIN: 35-2024586
    US Government Securities - End of Year Book Value:

    1,072,795
    US Government Securities - End of Year Fair Market Value:

    1,159,775
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2013 InvestmentsOtherSchedule2
    Name:
    TRANSFORMATION TRUST INC
    EIN: 35-2024586
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FUTURE SELECT FMV 250,000 13,182
    CAMBRIDGE FMV 151,419 167,717
    MC HOLDINGS FMV 0 0
    ALDARRA (HELD VIA FIDELITY) FMV 72,985 0
    MERRIWELL FMV 27,964 26,596
    GLENROCK BVI FMV 0 0
    FOCUS PARTNERS, LP FMV 0 0
    FOCUS V PARTNERS, LP FMV 0 0
    ICAHN ENTERPRISES FMV 12,749 12,621
    BLACKSTONE GROUP LP FMV 3,829 7,686
    KKR AND CO. FMV 3,870 6,791
    OAKREE CAPITAL GROUP LLC FMV 27,072 30,479
    ROBECO BOSTON PRTNS (BPIRX) AT COST 200,000 216,803
    LIBERTY INTERACTIVE CORP LIBERTY VENTURES COM USD0.01 CL A (LVNTA ) AT COST 14,824 40,210
    MCEWEN MINING INC COM USD0.10 (MUX ) AT COST 0 1,644
    SEARS HOMETOWN & OUTLET STORES INC COM (SHOS ) AT COST 0 2,040
    BROOKFIELD PARTNERS FMV 393 359

    TY 2013 LegalFeesSchedule
    Name:
    TRANSFORMATION TRUST INC
    EIN: 35-2024586
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 3,928 0   0


    TY 2013 OtherAssetsSchedule
    Name:
    TRANSFORMATION TRUST INC
    EIN: 35-2024586
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    MC HOLDINGS II, LLC   1,822 1,822


    TY 2013 OtherDecreasesSchedule
    Name:
    TRANSFORMATION TRUST INC
    EIN: 35-2024586
    Description Amount
    ADJUSTMENT TO COST BASIS BY BROKER 388,538
    FOCUS PARTNER LP - NONDEDUCTIBLE EXPENSE 186,357
    FOCUS PARTNER V LP - NONDEDUCTIBLE EXPENSE 36,591


    TY 2013 OtherExpensesSchedule
    Name:
    TRANSFORMATION TRUST INC
    EIN: 35-2024586
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 110 110   0
    DEDUCTIONS FROM K-1S 120,123 120,123   0


    TY 2013 OtherIncomeSchedule2
    Name:
    TRANSFORMATION TRUST INC
    EIN: 35-2024586
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 INCOME THE BLACKSTONE GROUP 48 48 48
    K-1 INCOME OAKTREE CAPITAL GROUP 19 19 19
    K-1 INCOME KKR & CO LP 16 16 16


    TY 2013 OtherLiabilitiesSchedule
    Name:
    TRANSFORMATION TRUST INC
    EIN: 35-2024586
    Description Beginning of Year - Book Value End of Year - Book Value
    FOCUS PARTNERS, LP 0 3,777


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    TRANSFORMATION TRUST INC
    EIN: 35-2024586
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 97,702 97,702   0
    OTHER CONTRACT SERVICES 1,839 0   0


    TY 2013 TaxesSchedule
    Name:
    TRANSFORMATION TRUST INC
    EIN: 35-2024586
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES ON INVESTMENTS 7,318 7,318   0
    EXCISE TAXES 11,000 0   0
    PAYROLL TAXES 7,421 0   0