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
ROSTAN FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)POST OFFICE BOX 970   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
VALDESE, NC286900970
A Employer identification number

56-1901626
B Telephone number (see instructions)

(828) 874-7000
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$7,145,587J 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 3 3  
4 Dividends and interest from securities...... 175,514 175,514  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 283,861
b Gross sales price for all assets on line 6a 1,508,529
7 Capital gain net income (from Part IV, line 2)... 283,861
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 4,791 4,791  
12 Total. Add lines 1 through 11........ 464,169 464,169  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 4,500 4,500   0
c Other professional fees (attach schedule).... Click to see attachment 51,223 51,223   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 11,737 0   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 292 292   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 67,752 56,015   0
25 Contributions, gifts, grants paid........ 308,050 308,050
26 Total expenses and disbursements. Add lines 24 and 25 375,802 56,015   308,050
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 88,367
b Net investment income (if negative, enter -0-) 408,154
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...............      
2 Savings and temporary cash investments.......... 18,739 23,043 23,043
3 Accounts receivable bullet1,951
Less: allowance for doubtful accounts bullet   623 1,951 1,951
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) 145,928 Click to see attachment145,928 151,713
b Investments—corporate stock (attach schedule)........ 5,018,032 Click to see attachment5,269,944 6,702,328
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 435,729 Click to see attachment266,552 266,552
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,619,051 5,707,418 7,145,587
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 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 5,619,051 5,707,418
30 Total net assets or fund balances (see page 17 of the
instructions).................... 5,619,051 5,707,418
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 5,619,051 5,707,418
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 5,619,051
2 Enter amount from Part I, line 27a..................... 2 88,367
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 5,707,418
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 5,707,418
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 NUANCE COMMUNICATIONS INC P 2011-01-31 2013-07-31
b PAYCHEX INC P 2012-12-28 2013-06-14
c PAYCHEX INC P 2012-12-28 2013-06-14
d POTASH CORP SASKATCHEWAN P 2012-03-21 2013-01-30
e POTASH CORP SASKATCHEWAN P 2011-01-31 2013-11-20
ROGERS COMMUNICATIONS INC P 2012-02-14 2013-02-14
TE CONNECTIVITY LTD P 2012-07-20 2013-03-19
TE CONNECTIVITY LTD P 2012-07-20 2013-06-14
ABB LTD SPONSORED ADR P 2009-03-03 2013-02-14
ABBVIE INC COMMON P 2011-01-31 2013-11-20
AUTOMATIC DATA PROCESSING P 2011-01-31 2013-07-31
CME GROUP INC COMMON P 2011-02-22 2013-08-01
DELL INC P 2010-10-01 2013-01-30
DODGE & COX INCOME FUND P 2011-01-31 2013-01-30
DOLE FOOOD COMPANY INC COMMON P 2010-09-22 2013-05-21
EOG RESOURCES INC P 2011-01-31 2013-01-30
EOG RESOURCES INC P 2010-11-04 2013-04-16
EMERSON ELECTRIC P 2012-05-09 2013-10-31
FEDERATED HIGH YIELD BOND INST CL FUND P 2011-01-31 2013-01-30
FEDEX CORPORATION P 2011-10-19 2013-10-31
FORD MOTOR COMPANY P 2011-08-12 2013-06-14
HALLIBURTON COMPANY P 2011-11-09 2013-11-20
HARRIS CORPORATION COMMON P 2011-01-31 2013-01-30
HONEYWELL INTERNATIONAL P 2011-08-12 2013-10-31
JOHNSON & JOHNSON P 2006-08-16 2013-07-31
JOHNSON & JOHNSON P 2005-08-26 2013-10-31
KRAFT FOODS GROUP INC COMMON P 2011-01-31 2013-01-30
PIMCO LOW DURATION FUND P 2011-05-12 2013-07-31
RYDER SYSTEMS INC COMMON P 2012-03-06 2013-03-19
SCHWAB CORP P 2011-10-19 2013-03-19
STERLING CAPITAL INTERMEDIATE US GOV P 2011-01-31 2013-07-31
YUM! BRANDS INC P 2011-08-12 2013-05-21
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 40,557   44,595 -4,038
b 15,656   13,191 2,465
c 29,123   24,543 4,580
d 27,530   29,889 -2,359
e 35,358   40,801 -5,443
38,550   31,920 6,630
14,917   11,494 3,423
28,146   19,794 8,352
18,429   9,250 9,179
47,734   18,468 29,266
57,910   32,105 25,805
50,375   42,508 7,867
70,114   69,070 1,044
187,123   166,581 20,542
20,094   16,699 3,395
43,491   30,229 13,262
4,721   3,527 1,194
60,627   43,570 17,057
34,839   28,708 6,131
60,560   34,864 25,696
30,508   21,958 8,550
40,947   28,393 12,554
30,920   24,315 6,605
43,774   23,087 20,687
47,077   32,274 14,803
27,939   18,674 9,265
45,146   34,119 11,027
119,748   122,427 -2,679
24,389   21,224 3,165
41,681   28,844 12,837
131,418   131,864 -446
35,164   25,683 9,481
3,964     3,964
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       -4,038
b       2,465
c       4,580
d       -2,359
e       -5,443
      6,630
      3,423
      8,352
      9,179
      29,266
      25,805
      7,867
      1,044
      20,542
      3,395
      13,262
      1,194
      17,057
      6,131
      25,696
      8,550
      12,554
      6,605
      20,687
      14,803
      9,265
      11,027
      -2,679
      3,165
      12,837
      -446
      9,481
      3,964
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 2 283,861
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 313,500 6,291,412 0.049830
2011 297,000 6,359,013 0.046705
2010 274,000 6,126,554 0.044723
2009 340,814 5,577,890 0.061101
2008 381,270 6,853,820 0.055629
2 Total of line 1, column (d) ...................... 2 0.257988
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 0.051598
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 6,371,349
5 Multiply line 4 by line 3....................... 5 328,749
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 4,082
7 Add lines 5 and 6......................... 7 332,831
8 Enter qualifying distributions from Part XII, line 4.............. 8 308,050
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 8,163
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 8,163
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 8,163
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 6,400
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 6,400
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 1,763
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet   RefundedBullet 11  
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)
    bulletNC
    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 ofbulletJAMES H ROSTAN Telephone no.bullet (828) 874-7000
    Located atbulletPOST OFFICE BOX 970VALDESENC ZIP+4bullet28690
    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
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2013?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    MRS JOHN P ROSTAN JR DIRECTOR/PRESIDENT
    5.00     		0 0 0
    PO BOX 970
    VALDESE,NC28690
    JAMES H ROSTAN VP/TREASURER
    10.00     		0 0 0
    PO BOX 970
    VALDESE,NC28690
    JOHN P ROSTAN III VP/SECRETARY
    10.00     		0 0 0
    PO BOX 970
    VALDESE,NC28690
    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
    BB&T WEALTH MANAGEMENT INVESTMENT MANAGEMENT 51,223
    PO BOX 2887
    WILSON,NC27894
    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
    318,567
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    8,163
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,163
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    310,404
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    310,404
    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
    310,404
    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 7 310,404
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 307,229
    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$ 308,050
    a Applied to 2012, but not more than line 2a 307,229
    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..... 821
    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 ..........     		309,583
    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).)
    MRS JOHN P ROSTAN JR
    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
    FOOTHILLS CONSERVANCY OF NC
    135 W UNION ST
    MORGANTON,NC28655     		NONE 501(C)3 ORGANIZATION PHILANTHROPIC 5,000
    OLD COLONY PLAYERS INC
    400 WEST MAIN
    VALDESE,NC28690     		NONE 501(C)3 ORGANIZATION PHILANTHROPIC 7,000
    BARIUM SPRINGS HOME FOR CHILDREN
    203 AVERY AVE
    MORGANTON,NC28655     		NONE 501(C)3 ORGANIZATION PHILANTHROPIC 17,000
    COMMUNITY FOUNDATION OF BURKE COUNTY INC
    205 N KING ST
    MORGANTON,NC28655     		NONE 501(C)3 ORGANIZATION PHILANTHROPIC 4,000
    ROCK SCHOOL ARTS FOUNDATION INC
    400 MAIN ST
    VALDESE,NC28690     		NONE 501(C)3 ORGANIZATION EDUCATIONAL 6,000
    BURKE HOSPICE & PALLIATIVE CARE
    1721 ENON RD
    VALDESE,NC28690     		NONE 501(C)3 ORGANIZATION PHILANTHROPIC 5,000
    BURKE UNITED CHRISTIAN MINISTRIES
    305-B WEST UNION ST
    MORGANTON,NC28655     		NONE 501(C)3 ORGANIZATION PHILANTHROPIC 5,000
    BURKE COUNTY SMART START INC
    304 WEST UNION ST
    MORGANTON,NC28655     		NONE 501(C)3 ORGANIZATION EDUCATIONAL 2,000
    A BETTER LIFE RESCUE INC
    1000 JAMESTOWN RD
    MORGANTON,NC28655     		NONE 501(C)3 ORGANIZATION PHILANTHROPIC 4,000
    LEUKEMIA & LYMPHOMA SOCIETY OF NC
    401 HARRISON OAKS BLVD STE 200
    CARY,NC27513     		NONE 501(C)3 ORGANIZATION PHILANTHROPIC 4,000
    BURKE COUNTY PUBLIC SCHOOLS
    700 EAST PARKER RD
    MORGANTON,NC28655     		NONE 501(C)3 ORGANIZATION EDUCATIONAL 1,500
    OPTIONS INC
    412 EAST MEETING ST
    MORGANTON,NC28655     		NONE 501(C)3 ORGANIZATION PHILANTHROPIC 6,000
    BURKE COUNTY HABITAT FOR HUMANITY
    305 WEST UNION ST
    MORGANTON,NC28655     		NONE 501(C)3 ORGANIZATION PHILANTHROPIC 15,000
    CHARLOTTE FAMILY HOUSING
    300 HAWTHORNE LN
    CHARLOTTE,NC28204     		NONE 501(C)3 ORGANIZATION PHILANTHROPIC 7,500
    COMMUNITY SCHOOL OF THE ARTS CHARLOTTE
    345 N COLLEGE ST STE 413
    CHARLOTTE,NC28202     		NONE 501(C)3 ORGANIZATION EDUCATIONAL 4,000
    FIRST PRESBYTERIAN CHURCH CHARLOTTE
    200 WEST TRADE ST
    CHARLOTTE,NC28202     		NONE 501(C)3 ORGANIZATION PHILANTHROPIC 3,500
    TOWN OF VALDESE
    108 MASSEL AVE
    VALDESE,NC28690     		NONE 501(C)3 ORGANIZATION PHILANTHROPIC 167,050
    BURKE UNITED CHRISTIAN MINISTRIES
    305 WEST UNION ST
    MORGANTON,NC28655     		NONE 501(C)3 ORGANIZATION PHILANTHROPIC 5,000
    EAST BURKE CHRISTIAN MINISTRIES
    103 3RD AVE SE
    HILDEBRAN,NC28637     		NONE 501(C)3 ORGANIZATION PHILANTHROPIC 5,000
    SALVATION ARMY OF BURKE COUNTY
    420-B WEST FLEMING DR
    MORGANTON,NC28655     		NONE 501(C)3 ORGANIZATION PHILANTHROPIC 5,000
    THE OUTREACH CENTER
    510 E FLEMING DR
    MORGANTON,NC28655     		NONE 501(C)3 ORGANIZATION PHILANTHROPIC 5,000
    ABERNETHY METHODIST CHURCH
    960 MALCOLM BLVD
    RUTHERFORD COLLEGE,NC28612     		NONE 501(C)3 ORGANIZATION PHILANTHROPIC 10,000
    LAKE JAMES ENVIRONMENTAL ASSOCIATION INC
    2231 N POINT
    NEBO,NC28761     		NONE 501(C)3 ORGANIZATION PHILANTHROPIC 10,000
    WALDENSIAN HERITAGE MUSEUM
    208 RODORET ST SW
    VALDESE,NC28690     		NONE 501(C)3 ORGANIZATION PHILANTHROPIC 4,500
    Total .................................bullet 3a 308,050
    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 ............     		    14 3  
    4 Dividends and interest from securities....     14 175,514  
    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 4,791  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 283,861  
    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).. 0 464,169 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13464,169
    (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:
    ROSTAN FAMILY FOUNDATION
    EIN: 56-1901626
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DAVIDSON, HOLLAND, WHITESELL 4,500 4,500   0

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    ROSTAN FAMILY FOUNDATION
    EIN: 56-1901626
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M COMPANY 400 SHARES 28,388 56,100
    ABB LTD SPONS ADR 820 SHARES 0 0
    ADI CORP COMMON 1020 SHARES 39,819 41,279
    ABBOTT LABS 1500 SHARES 24,399 57,495
    ABBVIE INC COMMON 510 SHARES 7,990 26,933
    AKAMAI TECHNOLOGIES COMMON 780 SHARES 27,112 36,800
    AMERICAN CENTURY DIVERSIFIED 12327 SHARES 134,647 129,920
    APACHE CORPORATION COMMON 690 SHARES 56,067 59,299
    APPLE COMPUTER CORP 150 SHARES 37,500 84,153
    AT&T INC 2400 SHARES 62,592 84,384
    AUTOMATIC DATA PROCESSING 800 SHARES 0 0
    BB&T 2000 SHARES 27,668 74,640
    BROADCOM CORPORATION 2300 SHARES 76,178 68,184
    CBRE GROUP INC COMMON 2040 SHARES 46,416 53,652
    CENOVUS ENERGY INC 1390 SHARES 43,639 39,824
    CHARLES SCHWAB CORP 2530 SHARES 30,534 65,780
    CHECKPOINT SOFTWARE TECHNOLOGY 1090 SHARES 48,855 70,304
    CHEVRON CORP 440 SHARES 30,483 54,960
    CICSO SYSTEMS 2660 SHARES 49,014 59,664
    CITRIX SYSTEMS INC COMMON 840 SHARES 48,051 53,130
    CME GROUP INC 700 SHARES 0 0
    COHEN & STEERS INTERNATIONAL REALTY FD 13150 SHARES 137,452 149,907
    COMCAST CORP 1740 SHARES 24,625 90,419
    CONOCOPHILLIPS CO 830 SHARES 34,382 58,640
    CREDIT SUISSE COMMODITY RETURN STRATEGIC INSTITUTIONAL SHS FD 5988 SHARES 48,009 43,289
    DELL INC COMMON 5280 SHARES 0 0
    DIRECT TV 810 SHARES 39,728 55,939
    DODGE & COX INC FND 13510.27 SHARES 0 0
    DOLE FOOD COMPANY INC 1810 SHARES 0 0
    DOUBLELINE TOTAL RETURN BOND FUND 19281 SHARES 215,560 207,848
    EMERSON ELECTRIC COMPANY 900 SHARES 0 0
    EBAY INC COMMON 500 SHARES 25,905 27,433
    ENSCO INTERNATIONAL PLC 630 SHARES 28,844 36,023
    EOG RESOURCES 370 SHARES 32,627 62,101
    FAMCO MLP & ENERGY INCOME FUND 5145 SHARES 53,121 64,671
    FEDERATED HIGH YLD BND FND 3382.454 SHARES 0 0
    FEDEX CORPORATION 460 SHARES 0 0
    FORD MOTOR COMPANY 3420 SHARES 32,519 52,771
    GENERAL ELECTRIC COMPANY 2870 SHARES 38,262 80,446
    GENERAL MILLS INC 760 SHARES 29,161 37,932
    HCA HOLDINGS INC COMMON 790 SHARES 30,913 37,691
    HALLIBURTON COMPANY 1780 SHARES 38,106 51,765
    HARBOR INTERNATIONAL FND 6008.135 SHARES 365,379 426,638
    HARRIS CORPORATION 660 SHARES 0 0
    HONEYWELL INTERNATIONAL 500 SHARES 0 0
    I-SHARES MSCI EAFE INDEX FUND 6200 SHARES 325,995 415,989
    I-SHARES MSCI EAFE SMALL CAP INDES FUND 1300 SHARES 49,151 66,274
    I-SHARES S&P MIDCAP 400 GROWTH 75 SHARES 8,204 11,264
    I-SHARES S&P MIDCAP 400/BARRA VAL 100 SHARES 8,411 11,623
    INTEL COMMON 2180 SHARES 34,986 56,582
    INTUIT INC 600 SHARES 25,425 45,792
    ISHARES MSCI EMERGING MARKETS INDEX 3400 SHARES 105,288 142,103
    ISHARES RUSSELL 2000 INDEX FND 3000 SHARES 217,005 346,080
    JOHNSON & JOHNSON 1200 SHARES 59,715 109,908
    KRAFT FOODS GROUP INC 956 SHARES 0 0
    MAXIN INTEGRATED PRODUCTS COMMON 1250 SHARES 34,822 34,875
    MCDONALDS CORPORATION 440 SHARES 39,172 42,693
    MERCK & CO INC 2616 SHARES 76,951 130,931
    METLIFE INC 1180 SHARES 37,783 63,626
    METROPOLITAN WEST TOTAL RETURN BOND 12415.87 SHARES 131,224 130,987
    MICROSOFT 3770 SHARES 96,902 141,036
    MYRIAD GENETICS INC COMMON 2050 SHARES 50,267 43,009
    NATURAL RESOURCE PARTLERS LP 1890 SHARES 41,357 37,687
    NEUBERGER BERMAN STRATEGIC INCOME FUND-I 6811 SHARES 75,303 75,740
    NOVARTIS A G ADR 830 SHARES 44,420 66,715
    OCCIDENTAL PETROLEUM CORPORATION 430 SHARES 37,063 40,893
    PEARSON PLC SPONSORED ADR 1810 SHARES 34,724 40,544
    PEPSICO 1500 SHARES 84,365 124,410
    PFIZER INC COMMON 1110 SHARES 22,195 33,999
    PIEDMONT NATURAL GAS, INC. 3510 SHARES 5,281 116,392
    PIMCO LOW DURATION FUND 36619.017 SHARES 383,255 378,274
    POTASH CORP OF SASKATCHEWAN 640 SHARES 0 0
    PROCTER & GAMBLE 420 SHARES 23,036 34,192
    QUALCOMM INC 730 SHARES 41,363 54,203
    ROGERS COMMUNICATIONS INC 610 SHARES 24,525 27,603
    RYDER SYSTEMS INC 570 SHARES 24,410 42,055
    SOUTHERN COMPANY 750 SHARES 32,013 30,833
    SPECTRA ENERGY CORP COMMON 1760 SHARES 48,927 62,691
    STERLING CAPITAL CORPORATE FUND 13713 SHARES 142,415 138,235
    STERLING CAPITAL INTRMDT US GOVT FD 12698 SHARES 0 0
    STERLING CAPITAL TOTAL RETURN BOND 13203 SHARES 143,812 138,498
    STERLING CAPITAL SHORT DURATION BOND FUND 24392 SHARES 225,866 224,646
    TARGET CORP COM 700 SHARES 37,551 44,289
    TIME WARNER CABLE INC COMMON 300 SHARES 26,117 40,650
    TE CONNECTIVITY 980 SHARES 0 0
    TEVA PHARMACEUTICAL INDS 1430 SHARES 77,637 57,314
    THE TRAVELERS CO 450 SHARES 20,463 40,743
    UNILEVER PLC-SPONSORED ADR 890 SHARES 29,156 36,668
    UNITED PARCEL SERVICES 440 SHARES 32,438 46,235
    VANGUARD REIT VIPERS 32,334 30,343
    VODAFONE GROUP 1210 SHARES 23,068 47,565
    WASTE MANAGEMENT INC 1300 SHARES 44,147 58,331
    WELLS FARGO & CO 980 SHARES 29,523 44,492
    WILLIAMS COMPANIES INC 1000 SHARES 35,328 38,570
    XYLEM INC COMMON 1400 SHARES 38,215 48,440
    YAMANA GOLD INC 5600 SHARES 66,388 48,272
    YUM BRANDS INC 500 SHARES 0 0
    ACCENTURE PLC CL A 250 SHARES 18,462 20,555
    NIELSON HOLDINGS N.V. 860 SHARES 29,541 39,465

    TY 2013 InvestmentsGovtObligationsSch
    Name:
    ROSTAN FAMILY FOUNDATION
    EIN: 56-1901626
    US Government Securities - End of Year Book Value:

    145,928
    US Government Securities - End of Year Fair Market Value:

    151,713
    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:
    ROSTAN FAMILY FOUNDATION
    EIN: 56-1901626
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FEDERATED PRIME CASH OBLIGATIONS FUND AT COST 266,552 266,552

    TY 2013 OtherExpensesSchedule
    Name:
    ROSTAN FAMILY FOUNDATION
    EIN: 56-1901626
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER DEDUCTIONS 292 292   0


    TY 2013 OtherIncomeSchedule2
    Name:
    ROSTAN FAMILY FOUNDATION
    EIN: 56-1901626
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BB&T INVESTMENTS - TAX EXEMPT DIVS 2,140 2,140 2,140
    ORDINARY INCOME FROM K-1 335 335 335
    ROYALTIES FROM K-1 128 128 128
    SHORT-TERM CAPITAL GAIN FROM K-1 220 220 220
    LONG-TERM CAPITAL GAIN FROM K-1 4 4 4
    SECTION 1231 GAIN FROM K-1 1,964 1,964 1,964


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    ROSTAN FAMILY FOUNDATION
    EIN: 56-1901626
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BB&T ASSET MANAGEMENT 51,223 51,223   0


    TY 2013 TaxesSchedule
    Name:
    ROSTAN FAMILY FOUNDATION
    EIN: 56-1901626
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX PAID/EXCISE TAX REFUND 5,337 0   0
    EXCISE TAXES PAID & ESTIMATES 6,400 0   0