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 03-01-2013 , and ending 02-28-2014
Name of foundation
E C FULLER TRUST UART 16
 

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

06-6020257
B Telephone number (see instructions)

(855) 769-2920
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$14,416,599J 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 63 63  
4 Dividends and interest from securities...... 345,991 343,444  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 580,562
b Gross sales price for all assets on line 6a 4,218,261
7 Capital gain net income (from Part IV, line 2)... 580,562
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 650    
12 Total. Add lines 1 through 11........ 927,266 924,069  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 144,756 94,373   50,383
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 4,800 0 0 4,800
b Accounting fees (attach schedule)....... Click to see attachment 1,000 0 0 1,000
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions) Click to see attachment 30,128 308   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 863     863
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 181,547 94,681 0 57,046
25 Contributions, gifts, grants paid........ 500,000 500,000
26 Total expenses and disbursements. Add lines 24 and 25 681,547 94,681 0 557,046
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 245,719
b Net investment income (if negative, enter -0-) 829,388
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 597,075 1,452,059 1,452,059
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)   Click to see attachment605,779 606,175
b Investments—corporate stock (attach schedule)........ 2,321,193 Click to see attachment3,104,334 8,453,682
c Investments—corporate bonds (attach schedule)........   Click to see attachment3,723,256 3,904,683
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 5,721,460   0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,639,728 8,885,428 14,416,599
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 8,639,728 8,885,428
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 8,639,728 8,885,428
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 8,639,728 8,885,428
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 8,639,728
2 Enter amount from Part I, line 27a..................... 2 245,719
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 12,553
4 Add lines 1, 2, and 3.......................... 4 8,898,000
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 12,572
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 8,885,428
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 1490. ABBVIE INC   1978-05-24 2013-05-07
b 5055. ABBVIE INC   1978-05-24 2013-12-10
c 110. APPLE COMPUTER INC COM   2013-05-07 2013-06-19
d 27001.942 ABERDEEN TOTAL RETURN BD FD-I #1524   2011-12-27 2013-07-11
e 3579.098 ABERDEEN TOTAL RETURN BD FD-I #1524   2012-07-27 2013-07-11
102043.079 ABERDEEN TOTAL RETURN BD FD-I #1524   2012-08-15 2014-01-27
2040. CISCO SYS INC COM W/RIGHTS ATTACHED EXPIRING 6/10/2008   2013-07-11 2013-08-30
1765. COACH INC COM W/RTS ATTACHED EXP 5/2/2011   2013-07-11 2013-08-30
4677.268 LAUDUS MONDRIAN INT GV FI-INST #2940   2009-05-22 2013-07-11
12449.503 PIMCO FDS PAC INVT MGMT SER HIGH YLD FD INSTL CL   2012-05-03 2013-07-11
19162.72 PIMCO FDS PAC INVT MGMT SER HIGH YLD FD INSTL CL   2012-08-15 2013-07-11
105820.106 PIMCO TOTAL RETURN III-INSTL #105   2012-08-15 2014-01-27
1500. PEPSICO INC COM   2003-04-23 2013-12-10
2000. QUALCOMM INC COM W/RTS ATTACHED   2011-10-20 2013-05-07
1050. VERIZON COMMUNICATIONS COM   1993-01-06 2013-12-10
1900. ACCENTURE PLC   2011-10-20 2013-05-07
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 66,603   759 65,844
b 262,790   2,575 260,215
c 46,851   66,734 -19,883
d 353,185   376,242 -23,057
e 46,815   50,000 -3,185
1,333,703   1,346,398 -12,695
47,453   52,775 -5,322
93,076   103,231 -10,155
50,000   51,310 -1,310
118,146   116,262 1,884
181,854   180,000 1,854
1,000,000   989,458 10,542
124,099   64,245 59,854
127,820   104,639 23,181
51,502   24,156 27,346
150,247   108,915 41,332
      164,117
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       65,844
b       260,215
c       -19,883
d       -23,057
e       -3,185
      -12,695
      -5,322
      -10,155
      -1,310
      1,884
      1,854
      10,542
      59,854
      23,181
      27,346
      41,332
       
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 2 580,562
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 141,518 13,142,737 0.010768
2011 639,321 12,554,802 0.050922
2010 548,962 12,220,042 0.044923
2009 599,055 11,650,481 0.051419
2008 591,595 12,112,322 0.048842
2 Total of line 1, column (d) ...................... 2 0.206874
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 0.041375
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 14,053,442
5 Multiply line 4 by line 3....................... 5 581,461
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 8,294
7 Add lines 5 and 6......................... 7 589,755
8 Enter qualifying distributions from Part XII, line 4.............. 8 557,046
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 16,588
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 16,588
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 16,588
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 17,248
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 17,248
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 660
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet660 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCT
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletWELLS FARGO BANK Telephone no.bullet (855) 739-2920
    Located atbullet1 W 4TH STREET D4000-062WINSTONSALEMNC ZIP+4bullet271013818
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2013, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the
    foreign country bullet  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2013?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If "Yes," did it have excess business holdings in 2013 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2013.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2013?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
    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
    WELLS FARGO BANK TRUSTEE
    40     		132,756    
    1525 WEST WT HARRIS BLVD
    CHARLOTTE,NC282881114
    VINCENT T MARCHESI MD CO-FIDUCIARY
    15     		12,000    
    179 PROSPECT AVE
    GUILFORD,CT06437
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    702,672
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    16,588
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    16,588
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    686,084
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    650
    5
    Add lines 3 and 4............................
    5
    686,734
    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
    686,734
    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 7 686,734
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 512,292
    b Total for prior years:2011, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008....... 0
    b From 2009....... 0
    c From 2010....... 0
    d From 2011....... 0
    e From 2012....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 557,046
    a Applied to 2012, but not more than line 2a 512,292
    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..... 44,754
    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 ..........     		641,980
    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.... 0
    b Excess from 2010.... 0
    c Excess from 2011.... 0
    d Excess from 2012.... 0
    e Excess from 2013.... 0
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2013, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2013 (b) 2012 (c) 2011 (d) 2010
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    DANA FARBER CANCER INSTITUTE
    44 BINNEY STREET
    BOSTON,MA02115     		NONE PC CANCER RESEARCH 200,000
    OREGON HEALTH & SCIENCE UNIV
    3181 SW SAM JACKSON PARK RD
    PORTLAND,OR97239     		NONE PC MEDICAL RESEARCH 100,000
    ECOLE POLYTECHIQUE FEDERALE
    DE LAUSANNE
    SV 283 SATION 19 CH-1015
    LAUSANNE    
    SZ     		NONE PC MEDICAL RESEARCH 100,000
    MEMORIAL SLOAN-KETTERING
    CANCER CENTER
    1275 YORK AVE
    NEW YORK,NY10065     		NONE PC MEDICAL RESEARCH 100,000
    Total .................................bullet 3a 500,000
    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 63  
    4 Dividends and interest from securities....     14 345,991  
    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 .............     		    18 580,562  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aRECOVERY     1 650  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   927,266  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13927,266
    (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:
    E C FULLER TRUST UART 16
    EIN: 06-6020257
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,000     1,000

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    E C FULLER TRUST UART 16
    EIN: 06-6020257
    Name of Bond End of Year Book Value End of Year Fair Market Value
    36962G2L7 GEN ELEC CAP CORP    
    055451AT5 BHP BILLITON FIN USA 25,270 25,304
    05565QCG1 BP CAPITAL MARKETS 25,446 25,402
    06406HBX6 BANK OF NEW YORK MEL 25,914 25,861
    064149C47 BANK OF NOVA SCOTIA 25,654 25,643
    084664BY6 BERKSHIRE HATHAWAY 25,328 25,307
    136069FA4 CANADIAN IMPERIAL BA 24,930 24,849
    14912L4X6 CATERPILLAR FINANCIA 25,784 25,758
    24422ERC5 JOHN DEERE CAPITAL 25,902 25,891
    268648AP7 EMC CORP 25,118 25,054
    30249UAA9 FMC TECHNOLOGIES INC 25,240 25,072
    354613AF8 FRANKLIN RESOURCES 25,831 25,769
    36962G5F7 GENERAL ELEC CAP COR 25,645 25,637
    38141GRC0 GOLDMAN SACHS GROUP 25,368 25,347
    40428HPJ5 HSBC USA INC 25,771 25,686
    406216BC4 HALLIBURTON COMPANY 25,351 25,268
    428236BW2 HEWLETT-PACKARD CO 25,793 25,840
    46625HJG6 JPMORGAN CHASE & CO 25,048 25,036
    487836BH0 KELLOGG CO 25,345 25,260
    494550BR6 KINDER MORGAN ENER 25,158 25,147
    50540RAM4 LAB CORP OF AMER HLD 25,310 25,118
    51855Q655 LAUDUS MONDRIAN INTL 98,363 97,735
    61166WAM3 MONSANTO CO 25,094 25,043
    693390304 PIMCO LOW DURATION F 550,000 560,087
    693390841 PIMCO HIGH YIELD FD- 446,538 587,407
    693390866 PIMCO TOTAL RETURN I 812,516 849,004
    741478101 T ROWE CORPORATE INC 178,000 171,239
    74340XAV3 PROLOGIS LP 25,317 25,248
    76628T678 RIDGEWORTH SEIX FLOA 100,000 100,777
    78008S7D2 ROYAL BANK OF CANADA 25,419 25,398
    822582BA9 SHELL INTERNATIONAL 25,300 25,267
    85771PAR3 STATOIL ASA 25,182 25,177
    89152UAE2 TOTAL CAPITAL SA 25,862 25,889
    89233P5S1 TOYOTA MOTOR CREDIT 25,829 25,825
    904764AQ0 UNILEVER CAPITAL COR 25,275 25,247
    91159HGX2 US BANCORP 25,722 25,700
    913017BU2 UNITED TECHNOLOGIES 25,582 25,535
    921937827 VANGUARD SHORT TERM 574,051 573,654
    94987W752 WFA SHRT TRM HI YLD- 200,000 202,202

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    E C FULLER TRUST UART 16
    EIN: 06-6020257
    Name of Stock End of Year Book Value End of Year Fair Market Value
    437076102 HOME DEPOT INC 48,683 157,908
    580135101 MCDONALDS CORP    
    778296103 ROSS STORES INC 107,097 276,640
    191216100 COCA COLA CO 4,485 210,100
    713448108 PEPSICO INC    
    742718109 PROCTER & GAMBLE CO 18,360 511,290
    166764100 CHEVRON CORP 86,766 479,773
    30231G102 EXXON MOBIL CORPORAT 15,998 567,993
    060505104 BANK OF AMERICA CORP    
    46625H100 JPMORGAN CHASE & CO 14,547 715,080
    002824100 ABBOTT LABS 5,167 437,580
    478160104 JOHNSON & JOHNSON    
    369604103 GENERAL ELECTRIC CO 324 305,640
    88579Y101 3M CO 42,765 90,943
    428236103 HEWLETT PACKARD CO    
    458140100 INTEL CORP 63,286 81,708
    459200101 INTERNATIONAL BUSINE 165,634 611,061
    594918104 MICROSOFT CORP 61,868 91,944
    68389X105 ORACLE CORPORATION 106,042 144,707
    693506107 PPG INDUSTRIES INC 30,882 128,583
    00206R102 AT & T INC 48,125 127,720
    92343V104 VERIZON COMMUNICATIO 128,777 277,391
    65339F101 NEXTERA ENERGY INC 51,300 274,170
    87612E106 TARGET CORP 107,598 125,080
    747525103 QUALCOMM INC    
    00287Y109 ABBVIE INC 2,269 226,804
    037833100 APPLE INC 240,034 247,333
    14040H105 CAPITAL ONE FINANCIA 58,411 77,102
    26203E836 DREYFUS/THE BOSTON C 120,190 199,440
    339128100 JP MORGAN MID CAP VA 282,000 372,480
    780905451 ROYCE PREMIER FUND W 119,574 226,064
    92934R769 CRM MID CAP VALUE FD 155,884 286,849
    G1151C101 ACCENTURE PLC    
    H0023R105 ACE LIMITED 107,728 176,166
    037411105 APACHE CORP 51,539 46,385
    12572Q105 CME GROUP INC 35,582 34,326
    17275R102 CISCO SYSTEMS INC 118,448 124,042
    189754104 COACH INC 77,925 67,602
    375558103 GILEAD SCIENCES INC 138,586 178,826
    478366107 JOHNSON CONTROLS INC 82,643 111,150
    611740101 MONSTER BEVERAGE COR 85,392 109,520
    637071101 NATIONAL OILWELL INC 35,953 37,750
    806857108 SCHLUMBERGER LTD 47,871 54,870
    872540109 TJX COS INC NEW 52,349 51,626
    907818108 UNION PACIFIC CORP 85,944 100,111
    91324P102 UNITEDHEALTH GROUP I 62,530 70,702
    G29183103 EATON CORP PLC 35,778 39,223

    TY 2013 InvestmentsGovtObligationsSch
    Name:
    E C FULLER TRUST UART 16
    EIN: 06-6020257
    US Government Securities - End of Year Book Value:

    605,779
    US Government Securities - End of Year Fair Market Value:

    606,175
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2013 InvestmentsOtherSchedule2
    Name:
    E C FULLER TRUST UART 16
    EIN: 06-6020257
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    04315J209 ARTIO TOTAL RETURN B      
    51855Q655 LAUDUS MONDRIAN INTL      
    693390304 PIMCO LOW DURATION F      
    693390841 PIMCO HIGH YIELD FD-      
    693390866 PIMCO TOTAL RETURN I      
    921937850 VANGUARD SHORT-TERM      
    H0023R105 ACE LIMITED      
    92934R769 CRM MID CAP VALUE      
    26203E836 DREYFUS/THE BOSTON C      
    38142Y401 GOLDMAN SACHS GROWTH      
    780905451 ROYCE PREMIER FUND      
    G1151C101 ACCENTURE PLC      
    741478101 T ROWE CORPORATE INC      
    921937827 VANGUARD SHORT TERM      

    TY 2013 LegalFeesSchedule
    Name:
    E C FULLER TRUST UART 16
    EIN: 06-6020257
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - PRINCIPAL (ALLOCA 4,800     4,800


    TY 2013 OtherDecreasesSchedule
    Name:
    E C FULLER TRUST UART 16
    EIN: 06-6020257
    Description Amount
    MUTUAL FUND TAX EFFECTIVE DATE AFTER TYE 5,814
    ROC ADJUSTMENT 2,360
    ACCRUED INTEREST PAID EFFECTIVE DATE AFTER TYE 4,398


    TY 2013 OtherExpensesSchedule
    Name:
    E C FULLER TRUST UART 16
    EIN: 06-6020257
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROBATE COURT EXPENSES 863 0   863


    TY 2013 OtherIncomeSchedule2
    Name:
    E C FULLER TRUST UART 16
    EIN: 06-6020257
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    RECOVERY 650 0  


    TY 2013 OtherIncreasesSchedule
    Name:
    E C FULLER TRUST UART 16
    EIN: 06-6020257
    Description Amount
    MUTUAL FUND TAX EFFECTIVE DATE BEFORE TYE 12,549
    ROUNDING 4


    TY 2013 TaxesSchedule
    Name:
    E C FULLER TRUST UART 16
    EIN: 06-6020257
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 308 308   0
    FEDERAL TAX PAYMENT - PRIOR YE 12,572 0   0
    FEDERAL ESTIMATES - PRINCIPAL 17,248 0   0