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
The Arthur W Perdue Foundation Inc
 
% c/o Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside RdSuite 123Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

52-6054332
B Telephone number (see instructions)

(800) 839-1754
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$25,842,754J 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) 0
2 Check bullet
3 Interest on savings and temporary cash investments 38,470 38,470  
4 Dividends and interest from securities...... 531,837 531,837  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 568,025
b Gross sales price for all assets on line 6a 5,146,345
7 Capital gain net income (from Part IV, line 2)... 568,025
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 19,549 19,337  
12 Total. Add lines 1 through 11........ 1,157,881 1,157,669  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 33,163 29,763   3,400
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 19,126      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 77     77
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 69,943     69,943
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 122,309 29,763   73,420
25 Contributions, gifts, grants paid........ 1,044,839 1,044,839
26 Total expenses and disbursements. Add lines 24 and 25 1,167,148 29,763   1,118,259
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -9,267
b Net investment income (if negative, enter -0-) 1,127,906
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..........      
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)      
b Investments—corporate stock (attach schedule)........ 19,202,399 Click to see attachment21,447,786 25,842,754
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)........... 2,254,654    
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) 21,457,053 21,447,786 25,842,754
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.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 21,457,053 21,447,786
30 Total net assets or fund balances (see page 17 of the
instructions).................... 21,457,053 21,447,786
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 21,457,053 21,447,786
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 21,457,053
2 Enter amount from Part I, line 27a..................... 2 -9,267
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 21,447,786
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 21,447,786
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 Publicly-traded Securities      
b PERDUE INCORPORTED PROMISSORY NOTE D 2009-05-19  
c
d
e
(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 2,891,691   2,323,666 568,025
b 2,254,654   2,254,654  
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       568,025
b        
c
d
e
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 2 568,025
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 871,428 23,373,258 0.037283
2011 2,848,592 23,996,463 0.118709
2010 2,736,642 22,832,676 0.119856
2009 2,549,711 19,892,597 0.128174
2008 493,530 11,004,679 0.044847
2 Total of line 1, column (d) ...................... 2 0.448869
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 0.089774
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 24,677,709
5 Multiply line 4 by line 3....................... 5 2,215,417
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 11,279
7 Add lines 5 and 6......................... 7 2,226,696
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,118,259
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 22,558
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  
3 Add lines 1 and 2............................ 3 22,558
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 22,558
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 18,970
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 18,970
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 1
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 3,589
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? Click to see attachment....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see attachment....
3
Yes
 
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.Click to see attachment
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)
    bulletMD
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletco Foundation Source Telephone no.bullet (800) 839-1754
    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
     
    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).
    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
    Eileen F BurzaClick to see attachment Dir / Sec / Treas
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Mark GarthClick to see attachment Dir / Sec / Treas
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    James A PerdueClick to see attachment Pres / Dir / Grant Comm. Mbr.
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Mary H PerdueClick to see attachment Dir
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Sandra SpeddenClick to see attachment Dir
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Whitney M Van Der HydeClick to see attachment Dir
    1.0     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    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
    Foundation Source Administrative 69,943
    55 Walls Drive 3rd Floor
    Fairfield,CT06824
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,233,885
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    22,558
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    22,558
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,211,327
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,211,327
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    1,211,327
    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 1,211,327
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009....... 286,575
    c From 2010....... 1,624,780
    d From 2011....... 1,673,231
    e From 2012.......  
    fTotal of lines 3a through e......... 3,584,586
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 1,118,259
    a Applied to 2012, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2013 distributable amount..... 1,118,259
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2013. 93,068 93,068
    (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 3,491,518
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		3,491,518
    10 Analysis of line 9:
    a Excess from 2009.... 193,507
    b Excess from 2010.... 1,624,780
    c Excess from 2011.... 1,673,231
    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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    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
    ALLIANCE FOR THE CHESAPEAKE BAY INC
    501 6TH ST
    ANNAPOLIS,MD21403     		N/A PC Charitable Event 10,000
    ALLIANCE FOR THE CHESAPEAKE BAY INC
    501 6TH ST
    ANNAPOLIS,MD21403     		N/A PC Charitable Event 10,000
    AMERICAN CANCER SOCIETY INC
    PO BOX 22718
    OKLAHOMA CITY,OK73123     		N/A PC Charitable Event 2,500
    AMERICAN WATERCOLOR SOCIETY INC
    47 5TH AVE
    NEW YORK,NY10003     		N/A PC General & Unrestricted 4,000
    ANDREW UNITED METHODIST CHURCH
    2430 GEORGIA HWY 127
    KATHLEEN,GA31047     		N/A PC Boy Scout Troop 127 1,000
    ATLANTIC GENERAL HOSPITAL
    9733 HEALTHWAY DR
    BERLIN,MD21811     		N/A PC General & Unrestricted 1,000
    ATLANTIC GENERAL HOSPITAL
    9733 HEALTHWAY DR
    BERLIN,MD21811     		N/A PC Health Literacy Program 20,000
    BEAVER DAM FOUNDATION INC
    PO BOX 408
    BEAVER DAM,KY42320     		N/A PC Ohio County Artists Guild 5,000
    BERTIE COUNTY CENTER ON AGING
    103 W SCHOOL ST
    WINDSOR,NC27983     		N/A PC To Cover Rent for Nutrition Site in Lewiston/Woodville Area 1,800
    BIG BROTHERS BIG SISTERS
    225 N HIGH ST
    HARRISONBURG,VA22802     		N/A PC General & Unrestricted 10,000
    BIG BROTHERS BIG SISTERS OF THE HEART OF GEORGIA
    2720 RIVERSIDE DR
    MACON,GA31204     		N/A PC General & Unrestricted 5,000
    BLACKWATER-CREEDS FOUNDATION
    PO BOX 7015
    VIRGINIA BCH,VA23457     		N/A PC Food Baskets and Community Needs Program 4,000
    BOY SCOUTS OF AMERICA
    100 W 10TH ST
    WILMINGTON,DE19801     		N/A PC Delmarva Council of The Boy Scouts of America 500
    BOYS & GIRLS CLUB OF FRANKLIN-SIMPSON COUNTY
    PO BOX 888
    FRANKLIN,KY42135     		N/A PC General & Unrestricted 5,000
    BOYS & GIRLS CLUBS OF SOUTHERN MAINE
    277 CUMBERLAND AVE
    PORTLAND,ME04101     		N/A PC General & Unrestricted 2,500
    CAL RIPKEN SR FOUNDATION INC
    1427 CLARKVIEW RD STE 100
    BALTIMORE,MD21209     		N/A PC Badges for Baseball Program 25,000
    CENTRAL PENNSYLVANIA FOOD BANK
    3908 COREY RD
    HARRISBURG,PA17109     		N/A PC Childhood Nutrition in Lancaster and Lebanon County 10,000
    CHALLENGE ASPEN
    PO BOX 6639
    SNOWMASS VLG,CO81615     		N/A PC General & Unrestricted 1,500
    COASTAL HOSPICE INC
    PO BOX 1733
    SALISBURY,MD21802     		N/A PC Compass Program 40,600
    COMMUNITY FOUNDATION OF THE EASTERN SHORE INC
    1324 BELMONT AVE STE 401
    SALISBURY,MD21804     		N/A PC General & Unrestricted 1,000
    COMMUNITY FOUNDATION OF THE EASTERN SHORE INC
    1324 BELMONT AVE STE 401
    SALISBURY,MD21804     		N/A PC Delmarva Zoological Society - Renew The Zoo Fund 75,000
    COMMUNITY FOUNDATION OF THE EASTERN SHORE INC
    1324 BELMONT AVE STE 401
    SALISBURY,MD21804     		N/A PC Charitable Event 500
    DELAWARE SPECIAL OLYMPICS INC
    619 S COLLEGE AVE
    NEWARK,DE19716     		N/A PC Charitable Event 5,000
    DELAWARE TECHNICAL & COMMUNITY COLLEGE EDU FDN
    100 CAMPUS DR
    DOVER,DE19903     		N/A SO II Food Safety Associate Degree Program 50,000
    DELMAR PUBLIC LIBRARY
    101 N BI STATE BLVD
    DELMAR,DE19940     		N/A PC Current Capital Campaign 5,000
    DISCOVERY PLACE INC
    301 N TRYON ST
    CHARLOTTE,NC28202     		N/A PC Discovery Place KIDS - Rockingham Campaign & An Exhibit on Healthy Food Choices, Including An Element on Sustainable Agriculture 33,333
    DOVE POINTE INC
    PO BOX 1610
    SALISBURY,MD21802     		N/A PC To Purchase Adaptive Lift 2,000
    EASTER SEALS DELAWARE & MARYLANDS EASTERN SHORE
    61 CORPORATE CIR
    NEW CASTLE,DE19720     		N/A PC General & Unrestricted 5,000
    FOOD BANK OF DELAWARE INC
    14 GARFIELD WAY
    NEWARK,DE19713     		N/A PC Charitable Event 2,500
    FOOD BANK OF DELAWARE INC
    14 GARFIELD WAY
    NEWARK,DE19713     		N/A PC Milford Branch Capital Campaign 20,000
    FOOD BANK OF DELAWARE INC
    14 GARFIELD WAY
    NEWARK,DE19713     		N/A PC Strike Out Hunger Program to Benefit the Milford Branch 5,000
    FOODBANK OF SOUTHEASTERN VIRGINIA
    800 TIDEWATER DR
    NORFOLK,VA23504     		N/A PC Strike Out Hunger Program on the Eastern Shore 5,000
    FUTURE FARMERS OF AMERICA
    2301 N CAMERON ST STE 205
    HARRISBURG,PA17110     		N/A PC General & Unrestricted 5,000
    HABITAT FOR HUMANITY INTERNATIONAL INC
    PO BOX 759
    GEORGETOWN,DE19947     		N/A PC General & Unrestricted 1,700
    HABITAT FOR HUMANITY INTERNATIONAL INC
    908 W ISABELLA ST
    SALISBURY,MD21801     		N/A PC General & Unrestricted 6,700
    HABITAT FOR HUMANITY INTERNATIONAL INC
    PO BOX 1327
    BERLIN,MD21811     		N/A PC General & Unrestricted 1,600
    HARVEST HOPE FOOD BANK
    2220 SHOP RD
    COLUMBIA,SC29201     		N/A PC General & Unrestricted 5,000
    HEALTHY LEARNERS
    2475 E 22ND ST
    CLEVELAND,OH44115     		N/A PC Healthy Learners - Dillon, SC 7,500
    HELP OUTREACH POINT OF ENTRY
    129 BROAD ST
    SALISBURY,MD21801     		N/A PC Community Emergency Shelter in Asbury 1,000
    HISTORIC GEORGETOWN ASSOCIATION
    28448 DUPONT BLVD
    MILLSBORO,DE19966     		N/A PC Georgetown Community Playground 10,000
    HOPE AND LIFE OUTREACH INC
    701 SNOW HILL RD
    SALISBURY,MD21804     		N/A PC Harvest of Hope 2,500
    N HOSTETTER
    INDIANA STATE UNIVERSITY
    200 N 7TH ST PH 100
    TERRE HAUTE,IN47809     		N/A   Scholarship Grant 5,000
    JUNIOR ACHIEVEMENT OF DELAWARE INC
    522 S WALNUT ST
    WILMINGTON,DE19801     		N/A PC Students in Sussex County, DE 2,500
    KEEP GEORGIA BEAUTIFUL FOUNDATION
    60 EXECUTIVE PARK S NE
    ATLANTA,GA30329     		N/A PC Georgia Rivers Alive! Program 5,000
    LEAD MARYLAND FOUNDATION INC
    PO BOX 169
    QUEENSTOWN,MD21658     		N/A PC General & Unrestricted 5,000
    LIGHT HOUSE MINISTRIES INC
    PO BOX 54
    KELLER,VA23401     		N/A PC Building An Addition to A Shelter 3,000
    LOAVES AND FISHES MINISTRY OF MACON INC
    PO BOX 825
    MACON,GA31202     		N/A PC To Address Hunger in Macon and Bibb Counties 1,000
    LYME DISEASE RESEARCH FOUNDATION INC
    10755 FALLS RD STE 200
    LUTHERVILLE,MD21093     		N/A PC General & Unrestricted 5,000
    MAC INCORPORATED
    909 PROGRESS CIR STE 100
    SALISBURY,MD21804     		N/A PC General & Unrestricted 1,000
    MAINE COLLEGE OF ART
    522 CONGRESS ST
    PORTLAND,ME04101     		N/A PC General & Unrestricted 2,500
    MARCH OF DIMES
    860 GREENBRIER CIR STE 502
    CHESAPEAKE,VA23320     		N/A PC To Benefit the Eastern Shore of Virginia 2,500
    MARYLAND FOOD BANK INC
    2200 HALETHORPE FARMS RD
    BALTIMORE,MD21227     		N/A PC Elect to End Hunger - Salisbury Program 10,000
    MARYLAND FOOD BANK INC
    2200 HALETHORPE FARMS RD
    BALTIMORE,MD21227     		N/A PC School Pantry Program 15,000
    MARYLAND FOOD BANK INC
    2200 HALETHORPE FARMS RD
    BALTIMORE,MD21227     		N/A PC Wicomico County School Pantry Program 10,000
    MARYLAND FOOD BANK INC
    2200 HALETHORPE FARMS RD
    BALTIMORE,MD21227     		N/A PC Strike Out Hunger Program on the Eastern Shore 5,000
    D ORLEANS
    MASSACHUSETTS INSTITUTE OF TECHNOLO
    77 MASSACHUSETTS AVE RM 11-120
    CAMBRIDGE,MA02139     		N/A   Scholarship Grant 5,000
    E JARRETT
    MERCYHURST COLLEGE
    501 E 38TH ST
    ERIE,PA16546     		N/A   Scholarship Grant 5,000
    K BURKETT
    MEREDITH COLLEGE
    3800 HILLSBOROUGH ST
    RALEIGH,NC27607     		N/A   Scholarship Grant 5,000
    T BROWN
    MEREDITH COLLEGE
    3800 HILLSBOROUGH ST
    RALEIGH,NC27607     		N/A   Scholarship Grant 5,000
    MILFORD HOUSING DEVELOPMENT CORPORATION
    977 E MASTEN CIR
    MILFORD,DE19963     		N/A PC Home Repair Project 3,000
    NANTICOKE WATERSHED ALLIANCE INC
    PO BOX 111
    VIENNA,MD21869     		N/A PC Charitable Event 2,000
    NATIONAL 4-H COUNCIL
    7100 CONNECTICUT AVE
    CHEVY CHASE,MD20815     		N/A PC General & Unrestricted 2,000
    E SIZEMORE
    NORTH CAROLINA STATE UNIVERSITY
    2016 HARRIS HALL BOX 7302
    RALEIGH,NC27695     		N/A   Scholarship Grant 5,000
    M NEWSOME
    NORTH CAROLINA STATE UNIVERSITY
    2016 HARRIS HALL BOX 7302
    RALEIGH,NC27695     		N/A   Scholarship Grant 5,000
    R PHTHISIC
    NORTH CAROLINA STATE UNIVERSITY
    2016 HARRIS HALL BOX 7302
    RALEIGH,NC27695     		N/A   Scholarship Grant 5,000
    OLD-GROWTH FOREST NETWORK
    4701 WHITEHAVEN RD
    QUANTICO,MD21856     		N/A PC General & Unrestricted 1,000
    OWENSBORO COMMUNITY AND TECHNICAL COLLEGE FDN
    4800 NEW HARTFORD RD
    OWENSBORO,KY42303     		N/A PC National Endowment for Humanities 5,000
    OYSTER RECOVERY PARTNERSHIP INC
    1805-A VIRGINIA AVE
    ANNAPOLIS,MD21401     		N/A PC Community Oyster Growing Program 15,000
    OYSTER RECOVERY PARTNERSHIP INC
    1805-A VIRGINIA AVE
    ANNAPOLIS,MD21401     		N/A PC Shell Recycling Initiative 10,000
    PENINSULA REGIONAL MEDICAL CENTER
    100 E CARROLL ST
    SALISBURY,MD21801     		N/A PC Mother/Baby Unit 100,000
    PORTLAND OPERA REPERTORY THEATRE
    PO BOX 7733
    PORTLAND,ME04112     		N/A PC General & Unrestricted 2,500
    PREBLE STREET
    38 PREBELE ST 3RD FL
    PORTLAND,ME04101     		N/A PC General & Unrestricted 1,000
    PUTNAM COUNTY RESCUE SQUAD INC
    700 COUNTY SERVICES DR
    COOKEVILLE,TN38501     		N/A PC General & Unrestricted 3,000
    R GATTONI
    RADFORD UNIVERSITY
    PO BOX 6922
    RADFORD,VA24142     		N/A   Scholarship Grant 5,000
    REHOBOTH BAPTIST ASSOCIATION
    744 LAKE JOY RD
    WARNER ROBINS,GA31088     		N/A PC Wingate Camps 5,000
    RETIRED SENIOR VOLUNTEER PROGRAM OF DAVIESS COUNTY
    PO BOX 648
    WASHINGTON,IN47501     		N/A PC Friends Feeding Friends 3,000
    SALISBURY FIRE DEPARTMENT INCORPORATED
    325 CYPRESS ST
    SALISBURY,MD21801     		N/A PC General & Unrestricted 1,000
    SALISBURY HIGH SCHOOL ASSOCIATION
    PO BOX 4181
    SALISBURY,MD21803     		N/A PC Charitable Event 700
    SALISBURY SCHOOL INC
    6279 HOBBS RD
    SALISBURY,MD21804     		N/A PC Salisbury School Horizons Program 7,500
    SENATOR GEORGE J MITCHELL SCHLRSHP RESEARCH INST
    22 MONUMENT SQ STE 200
    PORTLAND,ME04101     		N/A PC General & Unrestricted 2,500
    SKYLINE LITERACY
    975 S HIGH ST
    HARRISONBURG,VA22801     		N/A PC General & Unrestricted 2,500
    SON SPOT MINISTRIES INCORPORATED
    PO BOX 756
    OCEAN CITY,MD21843     		N/A PC General & Unrestricted 4,000
    SUSSEX COMMUNITY CRISIS HOUSING SERVICES INC
    204 E N ST
    GEORGETOWN,DE19947     		N/A PC General & Unrestricted 2,500
    J BOHANNON
    TENNESSEE TECHNOLOGICAL UNIVERSITY
    PO BOX 5076
    COOKEVILLE,TN38505     		N/A   Scholarship Grant 5,000
    THE COMMUNITY FOUNDATION INC
    7501 BOULDER VIEW DR STE 110
    N CHESTERFIELD,VA23225     		N/A PC Franklin P. Perdue Fund 16,000
    THE GRANITE STATE CHILDRENS ALLIANCE
    2 WELLMAN AVE STE 140
    NASHUA,NH03064     		N/A PC Hillsborough County Child Advocacy Center 2,500
    THE UNITED WAY OF GREATER WATERBURY INC
    PO BOX 2688
    WATERBURY,CT06723     		N/A PC General & Unrestricted 5,000
    J POWELL
    TOWSON UNIVERSITY
    8000 YORK RD
    TOWSON,MD21252     		N/A   Scholarship Grant 5,000
    TUSKEGEE UNIVERSITY
    116 KRESGE CENTER
    TUSKEGEE,AL36088     		N/A PC Perdue Scholarship Program 10,000
    UNITED FUND OF DILLON COUNTY INC
    PO BOX 828
    DILLON,SC29536     		N/A PC General & Unrestricted 1,726
    UNITED WAY OF CENTRAL GEORGIA INC
    PO BOX 1302
    MACON,GA31202     		N/A PC General & Unrestricted 6,750
    UNITED WAY OF CENTRAL INDIANA INC
    PO BOX 88409
    INDIANAPOLIS,IN46208     		N/A PC General & Unrestricted 247
    UNITED WAY OF DAVIESS COUNTY INC
    200 E VAN TREES ST
    WASHINGTON,IN47501     		N/A PC General & Unrestricted 4,096
    UNITED WAY OF DAVIESS COUNTY INC
    200 E VAN TREES ST
    WASHINGTON,IN47501     		N/A PC Daviess County Organizations Active in Disaster - TORNADO Fund 20,000
    UNITED WAY OF DELAWARE INC
    625 N ORANGE ST
    WILMINGTON,DE19801     		N/A PC General & Unrestricted 5,656
    UNITED WAY OF HALL COUNTY INC
    PO BOX 2656
    GAINESVILLE,GA30503     		N/A PC General & Unrestricted 626
    UNITED WAY OF HARRISONBURG & ROCKINGHAM COUNTY INC
    420 CHESAPEAKE AVE
    HARRISONBURG,VA22801     		N/A PC General & Unrestricted 6,430
    UNITED WAY OF HOPEWELL PRINCE GEORGE
    PO BOX 394
    HOPEWELL,VA23860     		N/A PC General & Unrestricted 524
    UNITED WAY OF LEBANON COUNTY INC
    PO BOX 1164
    LEBANON,PA17042     		N/A PC General & Unrestricted 421
    UNITED WAY OF NORTH CAROLINA
    875 WALNUT ST SUTIE 150B
    CARY,NC27511     		N/A PC United Way of Richmond County, NC 4,304
    UNITED WAY OF SKAGIT COUNTY
    PO BOX 451
    BURLINGTON,WA98233     		N/A PC General & Unrestricted 500
    UNITED WAY OF THE LOWER EASTERN SHORE INC
    801 N SALISBURY BLVD 202
    SALISBURY,MD21801     		N/A PC General & Unrestricted 90,834
    UNITED WAY OF THE LOWER EASTERN SHORE INC
    801 N SALISBURY BLVD 202
    SALISBURY,MD21801     		N/A PC Sponsorship of The 2013 Brochure and Pledge Form Where The Perdue Logo and Sponsorship Will Be Recognized 10,000
    UNITED WAY OF THE OHIO VALLEY INC
    PO BOX 705
    OWENSBORO,KY42302     		N/A PC General & Unrestricted 701
    UNITED WAY OF VIRGINIAS EASTERN SHORE INC
    PO BOX 605
    ONLEY,VA23418     		N/A PC General & Unrestricted 3,000
    UNIVERSITY OF DELAWARE
    78 E DELAWARE
    NEWARK,DE19716     		N/A PC Graduate Fellowship in the Department of Animal and Food Sciences 25,000
    K LITTLE
    UNIVERSITY OF GEORGIA
    220 HOLMES/HUNTER ACADEMIC BLDG
    ATHENS,GA30602     		N/A   Scholarship Grant 5,000
    UNIVERSITY OF MARYLAND FOUNDATION INC
    3300 METZEROTT RD
    ADELPHI,MD20783     		N/A PC Diamond Jubilee Ball on April 19, 2013 5,000
    L LAMBERT
    UNIVERSITY OF NORTH CAROLINA AT WIL
    601 S COLLEGE RD
    WILMINGTON,NC28403     		N/A   Scholarship Grant 5,000
    J BRUNSON
    UNIVERSITY OF SOUTH ALABAMA
    390 ALUMNI CIR RM 1300
    MOBILE,AL36688     		N/A   Scholarship Grant 5,000
    T KING
    UNIVERSITY OF TENNESSEE
    211 STUDENT SERVICES BLDG
    KNOXVILLE,TN37996     		N/A   Scholarship Grant 5,000
    UPTOWN PERRY PARTNERSHIP INC
    PO BOX 2030
    PERRY,GA31069     		N/A PC Charitable Event 2,500
    VIRGINIA FDN FOR AGRICULTURE IN THE CLASSROOM
    PO BOX 27552
    RICHMOND,VA23261     		N/A PC General & Unrestricted 5,000
    VIRGINIA FOUNDATION FOR COMMUNITY COLLEGE EDUC
    101 N 14TH ST FL 15
    RICHMOND,VA23219     		N/A PC General & Unrestricted 1,000
    K PERRY
    WEST VIRGINIA UNIVERSITY
    B-33 STEWART HALL PO BOX 6003
    MORGANTOWN,WV26506     		N/A   Scholarship Grant 5,000
    WICOMICO COUNTY BOARD OF EDUCATION
    900 MOUNT HERMON RD
    SALISBURY,MD21802     		N/A PC Mentoring Program 9,591
    WICOMICO COUNTY FREE LIBRARY INC
    122 S DIVISION ST
    SALISBURY,MD21801     		N/A PC Charitable Event 1,000
    WOMEN SUPPORTING WOMEN INC
    1320 BELMONT AVE STE 402
    SALISBURY,MD21804     		N/A PC Database Upgrades 5,000
    WOR-WIC TECHNICAL COMMUNITY COLLEGE FOUNDATION INC
    32000 CAMPUS DR
    SALISBURY,MD21804     		N/A PC Hazel Center, Room 302 30,000
    YOUNG AMERICAS FOUNDATION
    110 ELDEN ST STE A
    HERNDON,VA20170     		N/A PC General & Unrestricted 10,000
    YOUNG MENS CHRISTIAN ASSOC OF THE CHESAPEAKE INC
    202 PEACH BLOSSOM LN
    EASTON,MD21601     		N/A PC Mid Shore Family YMCA Facility Renovation and Expansion 30,000
    WORCESTER COUNTY SHERRIF'S OFFICE
    1 W MARKET STREET RM 1001
    SNOW HILL,MD21863     		N/A PC K-9 UNIT PROGRAM 1,000
    Total .................................bullet 3a 1,044,839
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 38,470  
    4 Dividends and interest from securities....     14 531,837  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 568,025  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aFederal Tax Refund     01 212  
    bINTEREST ON PROMISSORY NOTE     01 19,337  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,157,881  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,157,881
    (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 CompensationExplanation
    Name:
    The Arthur W Perdue Foundation Inc
    EIN: 52-6054332
    Person Name Explanation
    Eileen F Burza *Removed from positions effective 2/12/2013.

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

    TY 2013 DepreciationSchedule
    Name:
    The Arthur W Perdue Foundation Inc
    EIN: 52-6054332
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    The Arthur W Perdue Foundation Inc
    EIN: 52-6054332
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VANGUARD FTSE ALL-WORLD EX-US 2,297,892 2,688,887
    VANGUARD SHORT-TERM INFLATION- 1,706,201 1,675,498
    VANGUARD TOTAL BOND MARKET IND 10,411,338 10,366,124
    VANGUARD TOTAL STOCK MARKET IN 7,032,355 11,112,245

    TY 2013 InvestmentsLandSchedule2
    Name:
    The Arthur W Perdue Foundation Inc
    EIN: 52-6054332
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value

    TY 2013 LandEtcSchedule2
    Name:
    The Arthur W Perdue Foundation Inc
    EIN: 52-6054332
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value


    TY 2013 OtherExpensesSchedule
    Name:
    The Arthur W Perdue Foundation Inc
    EIN: 52-6054332
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 69,943     69,943


    TY 2013 OtherIncomeSchedule2
    Name:
    The Arthur W Perdue Foundation Inc
    EIN: 52-6054332
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Federal Tax Refund 212    
    Interest on Promissory Note 19,337 19,337  


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    The Arthur W Perdue Foundation Inc
    EIN: 52-6054332
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 29,763 29,763    
    OTHER PROF. SVS - REVIEW COMM. 3,400     3,400


    TY 2013 TaxesSchedule
    Name:
    The Arthur W Perdue Foundation Inc
    EIN: 52-6054332
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF EXTENSION FOR 2012 626      
    990-PF ESTIMATED TAX FOR 2013 18,500