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
JAMES M BARNETT JR FOUNDATION INC
PERRY & WALTERS LLP

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 71209   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ALBANY, GA31708
A Employer identification number

56-2360848
B Telephone number (see instructions)

(229) 439-4000
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$6,380,777J 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 16,381 16,381  
4 Dividends and interest from securities...... 122,404 122,404  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 517,127
b Gross sales price for all assets on line 6a 2,734,221
7 Capital gain net income (from Part IV, line 2)... 517,127
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).......      
12 Total. Add lines 1 through 11........ 655,912 655,912  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 2,650 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 4,320 0   4,320
c Other professional fees (attach schedule).... Click to see attachment 140,774 140,774   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 10,030 10,030   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 368 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 158,142 150,804   4,320
25 Contributions, gifts, grants paid........ 207,300 207,300
26 Total expenses and disbursements. Add lines 24 and 25 365,442 150,804   211,620
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 290,470
b Net investment income (if negative, enter -0-) 505,108
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............... 233,160 179,452 179,452
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) 446,241 Click to see attachment428,167 414,030
b Investments—corporate stock (attach schedule)........ 3,935,477 Click to see attachment4,417,646 5,661,924
c Investments—corporate bonds (attach schedule)........ 237,464 Click to see attachment114,218 117,020
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment5,022 Click to see attachment8,351 Click to see attachment8,351
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,857,364 5,147,834 6,380,777
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......... 4,468,047 4,468,047
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 389,317 679,787
30 Total net assets or fund balances (see page 17 of the
instructions).................... 4,857,364 5,147,834
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 4,857,364 5,147,834
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 4,857,364
2 Enter amount from Part I, line 27a..................... 2 290,470
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 5,147,834
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 5,147,834
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 - SHORT TERM P    
b PUBLICLY TRADED SECURITIES - LONG TERM P    
c CAPITAL GAIN DIVIDENDS P    
d CLASS ACTION SETTLEMENTS P    
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 831,001   807,631 23,370
b 1,895,385   1,409,463 485,922
c 7,732     7,732
d 103     103
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       23,370
b       485,922
c       7,732
d       103
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 2 517,127
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 155,694 5,482,332 0.028399
2011 146,603 5,282,238 0.027754
2010 145,910 4,918,206 0.029667
2009 279,326 4,214,606 0.066276
2008 340,691 5,442,172 0.062602
2 Total of line 1, column (d) ...................... 2 0.214698
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 0.042940
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 5,998,817
5 Multiply line 4 by line 3....................... 5 257,589
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 5,051
7 Add lines 5 and 6......................... 7 262,640
8 Enter qualifying distributions from Part XII, line 4.............. 8 211,620
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2013)
Form 990-PF (2013)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 10,102
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 10,102
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 10,102
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 5,520
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 7,200
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,720
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,618
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet2,618 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletGA
    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 addressbulletJAMESBARNETTFDN.ORG
    14
    The books are in care ofbulletPERRY WALTERS LLP Telephone no.bullet (229) 439-4000
    Located atbullet212 NORTH WESTOVER BLVDALBANYGA ZIP+4bullet31708
    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
    JAMES E REYNOLDS JR DIRECTOR
    1.00     		1,500 0 0
    212 N WESTOVER BLVD
    ALBANY,GA31708
    J HUFF CROXTON DIRECTOR
    1.00     		650 0 0
    212 N WESTOVER BLVD
    ALBANY,GA31708
    HELEN KIRBO DIRECTOR
    1.00     		500 0 0
    212 N WESTOVER BLVD
    ALBANY,GA31708
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    299,941
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    10,102
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,102
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    289,839
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    289,839
    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
    289,839
    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 7 289,839
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 174,112
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009.......  
    c From 2010.......  
    d From 2011.......  
    e From 2012.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 211,620
    a Applied to 2012, but not more than line 2a 174,112
    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..... 37,508
    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 ..........     		252,331
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010....  
    c Excess from 2011....  
    d Excess from 2012....  
    e Excess from 2013....  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2013, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2013 (b) 2012 (c) 2011 (d) 2010
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JAMES E REYNOLDS JR
    212 N WESTOVER BLVD
    ALBANY,GA31708
    (229) 439-4000
    bThe form in which applications should be submitted and information and materials they should include:
    SUBMITTED IN WRITING TO THE FOUNDATION STATING REASON FOR THE NEED AND GOALS TO BE ACHIEVED.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    ALBANY CONCERT ASSOCIATION
    PO BOX 72365
    ALBANY,GA31708     		NONE   MUSIC EDUCATION 9,000
    ALBANY MUSEUM OF ART
    311 MEADOWLARK DRIVE
    ALBANY,GA31707     		NONE   VISUAL ARTS SUPPORT 25,000
    ALBANY STATE UNIVERSITY
    504 COLLEGE DRIVE
    ALBANY,GA31705     		NONE   PROVIDE SCHOLARSHIPS 20,000
    ALBANY SYMPHONY
    504 COLLEGE DRIVE
    ALBANY,GA31707     		NONE   MUSIC EDUCATION 30,000
    BRANDON M SMITH
    311 HUNTERS RUN
    JEFFERSON,GA30549     		NONE   SCHOLARSHIP 1,200
    DARTON COLLEGE FOUNDATION
    2400 GILLIONVILLE ROAD
    ALBANY,GA31707     		NONE   PROVIDE SCHOLARSHIPS 14,600
    ELIZABETH GAINES
    2805 CAPERS LANE
    ALBANY,GA31721     		NONE   SCHOLARSHIP 500
    FLINT RIVERQUARIUM
    101 PINE AVENUE
    ALBANY,GA31701     		NONE   PROVIDE EDUCATIONAL PROGRAMS 35,000
    JOHN AND HEATHER SPENCER
    2709 WEST MEADE ROAD
    ALBANY,GA31721     		NONE   SCHOLARSHIP 6,000
    KENNETH BECK
    146 DADFORD DRIVE
    ALBANY,GA31721     		NONE   SCHOLARSHIP 1,000
    REBEHAK STUART
    207 OLEANDER ROAD
    ALBANY,GA31705     		NONE   SCHOLARSHIP 2,500
    S KYLE MOORE
    523 FLORENCE DRIVE
    MADISON,MS39110     		NONE   SCHOLARSHIP 2,000
    SARAH BISHOP
    62 WESTMINISTER STREET
    ALBANY,GA31721     		NONE   SCHOLARSHIP 6,000
    SCHOOL OF MUSIC - ASHLEY G DANYEW
    PO BOX 554
    WESTMINISTER,MA01473     		NONE   SCHOLARSHIP 10,000
    THEATRE ALBANY
    514 PINE AVENUE
    ALBANY,GA31701     		NONE   THEATRICAL PRODUCTION 10,000
    TIMOTHY DEMOTT
    1005 MACON HWY APT 1717
    ATHENS,GA30606     		NONE   SCHOLARSHIP 3,000
    ANDREA JOHNSON
    513 NW 44TH TERR
    KANSAS CITY,MO64116     		NONE   SCHOLARSHIP 1,000
    ANDREW COLLEGE
    501 COLLEGE STREET
    CUTHBERT,GA39840     		NONE   TO PROVIDE SCHOLARSHIPS 10,000
    LAWRENCE UNIVERSTIY
    711 E BOLDT WAY
    APPLETON,WI54911     		NONE   TO PROVIDE SCHOLARSHIPS 1,750
    MARK WILLIARD
    2202 WESLEY ROAD
    ALBANY,GA31721     		NONE   SCHOLARSHIP 15,000
    RUSSELL STRANBERG
    230 W DOUBLEGATE DRIVE
    ALBANY,GA31721     		NONE   SCHOLARSHIP 750
    SAMMY ALDAY
    7069 HWY 39 SOUTH
    DONALSONVILLE,GA39845     		NONE   SCHOLARSHIP 3,000
    Total .................................bullet 3a 207,300
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 16,381  
    4 Dividends and interest from securities....     14 122,404  
    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 .............     		    18 517,127  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 655,912 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13655,912
    (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:
    JAMES M BARNETT JR FOUNDATION INC
    PERRY & WALTERS LLP
    EIN: 56-2360848
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,320 0   4,320

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
    PERRY & WALTERS LLP
    EIN: 56-2360848
    Name of Bond End of Year Book Value End of Year Fair Market Value
    APACHE CORP 3,987 3,709
    ASTRAZENECA PLC 5,333 5,717
    BERKSHIRE HATHAWAY FIN 4,068 4,039
    BP CAPITAL MARKETS PLC 4,117 4,161
    HOME DEPOT INC 2,939 3,248
    CREDIT SUISSE FB USA INC 3,045 3,134
    COMCAST CORP 3,190 3,494
    CITIGROUP INC 3,518 3,413
    CONOCO PHILLIPS 3,188 3,464
    CISCO SYSTEMS INC 3,080 3,374
    DIRECTV HLDG/FIN INC 3,035 3,152
    EXELON CORP 3,048 3,163
    ENTERPRISE PRODUCTS OPER 3,099 3,337
    GOLDMAN SACHS GROUP INC 3,097 3,336
    HEWLETT-PACKARD CO 4,010 4,064
    JPMORGAN CHASE 7,109 7,324
    KRAFT FOODS INC 3,986 3,943
    PHILIPS ELECTRONICS NV 4,013 4,002
    PFIZER INC. 5,404 5,927
    VERIZON COMMUNICATIONS 3,236 3,510
    TIME WARNER INC 3,108 3,185
    TOYOTA MOTOR CREDIT CORP 4,011 3,927
    UNITED PARCEL SERVICE 3,176 3,432
    USD BANK NOVA SCOTIA 4,021 4,148
    USD SHELL INTL FIN 4,009 3,976
    WALMART STORES INC 6,039 5,823
    CATERPILLAR FINANCIAL SE 3,361 3,688
    WALT DISNEY COMPANY/THE 4,000 3,634
    GENERAL ELEC CAP CORP 5,991 5,696

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
    PERRY & WALTERS LLP
    EIN: 56-2360848
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BANK OF AMERICA CORP 49,942 21,954
    ISHARES BARCLAY 7-10 YR 13,724 14,780
    ISHARES BARCLAY INTEMEDT 18,072 18,611
    ISHARES BARCLAYS GOVERNM 19,832 20,488
    ISHARES CORE TOTAL U.S. 20,039 20,353
    ISHARES GOLD TR 23,962 24,820
    IVY ASSET STRATEGY 30,738 42,393
    IVY GLOBAL NATURAL 33,529 31,035
    TEMPLETON GLBL BOND FUND 110,171 107,759
    PERMANENT PORTFOLIO FUND 33,043 35,142
    WELLS FARGO & CO NEW DEL 50,078 18,296
    AGRIUM INC 6,310 7,227
    ASTRAZENECA PLC SPND ADR 21,587 29,744
    AUST NW Z B G ADR 9,442 18,002
    AXIS CAPITAL HOLDINGS 9,088 16,317
    BAE SYS PLC SPN ADR 15,442 21,997
    BANCO BRADESCO S A ADR 21,825 17,793
    BARCLAYS PLC ADR 7,655 10,171
    BOC HONG KONG HOLDINGS ADR 17,338 16,840
    CAP GEMINI SP ADR 6,966 12,532
    CARLSBERG AS SPONSOREDAD 14,320 18,431
    CENTRICA PLC 5,220 5,378
    CHINA MOBILE LTD SPN ADR 17,931 17,413
    CHINA PETE CHEM SPN ADR 14,778 15,777
    CHINA CONSTRUC UNSPN 17,216 17,533
    COMPANHIA D SNMNTO BSCO 19,027 28,123
    COPEL PARANA ADR PREF B 17,315 14,664
    DEUTSCHE BOERSE AG SHS 5,582 9,405
    DIAGEO PLC SPSD ADR NEW 4,080 9,005
    ENSCO PLC SHS CL A 8,272 7,719
    GOLDEN AGRI-RES LTD ADR 16,544 13,893
    HITACHI LTD 10 NEW ADR 16,198 21,853
    HSBC HLDG PLC SP ADR 14,882 17,366
    IMPERIAL TOB GRP SPS ADR 14,747 15,867
    ISRAEL CHEMICALS-UNSPON 6,727 5,334
    ISUZU MTRS LTD ADR 17,027 17,271
    KDDI CORP SHS 4,595 8,677
    KOC HLDG AS-UNSPON 5,663 5,874
    KOMATSU NEW NEW SPNSDADR 8,033 6,606
    LUKOIL SPONSORED ADR 9,303 9,531
    MAGNA INTL INC CL A VTG 4,045 8,452
    MANULIFE FINANCIAL CORP 13,451 18,625
    MARKS AND SPENCER GP ADR 7,789 9,030
    MITSUI CO ADR 18,723 16,243
    MIZUHO FINL GROUP INC 15,268 19,807
    MOBILE TELESYS OJSC 4,092 4,283
    NITTO DENKO CORP ADR 12,052 13,374
    ORANGE 11,191 9,794
    POSCO SPN ADR 4,130 4,446
    RENAISSANCERE HLDGS LTD 3,897 9,539
    RIO TINTO PLC SPNSRD ADR 17,563 17,493
    ROYAL DUTCH SHELL PLC 23,443 26,441
    SAGE GROUP PLC UNSP ADR 6,372 10,711
    SANOFI ADR 12,446 18,878
    SASOL LTD SPONSORED ADR 27,677 28,137
    SBERBANK SPONSORED ADR 7,925 8,774
    SEGA SAMMY HOLDINGS INC 9,474 11,848
    SERCO GROUP PLC 3,862 4,073
    SIEMENS AG ADR 12,515 21,608
    STATOIL ASA SHS 15,435 16,264
    SVENSKA C AKTI SPONS ADR 4,059 11,364
    TAIWAN S MANUFCTRING ADR 5,215 8,110
    TATA MOTORS LTD ADR 7,130 8,532
    TELENOR ASA ADR 8,600 8,946
    TESCO PLC SPNRD ADR 17,368 16,789
    TEVA PHARMACTCL INDS ADR 16,439 15,391
    TORONTO DOMINION BANK 6,053 18,471
    UNTD OVERSEAS BK SPN ADR 13,965 16,944
    VALE SA 25,942 18,361
    VOLKSWAGEN AG ADR 13,630 19,246
    YAMANA GOLD INC 21,396 17,843
    ZURICH INSURANCE GROUP 18,222 27,712
    ACCENTURE PLC SHS 1,911 2,220
    ADECCO SA ADR 3,310 5,058
    AKZO NOBEL N V SPNSD ADR 3,356 4,864
    AMADEUS IT HOLDING-UNSP 1,679 3,164
    ARYZTA AG-UNSPON ADR 2,272 3,536
    AVIVA PLC SHS 4,130 5,651
    AXA -SPONS ADR 5,303 6,917
    BANCO SANTANDER SA ADR 2,116 2,531
    BARCLAYS PLC ADR 4,893 5,040
    BAYER AG SP ADR 2,638 4,544
    BNP PARIBAS SPONSORD ADR 4,989 6,154
    C & C GROUP PLC SPON ADR 2,021 2,711
    CARNIVAL PLC ADR 3,027 3,731
    CNOOC LTD ADR 3,053 3,003
    CORBION NV SHS ADR 2,953 2,748
    CREDIT SUISSE GP SP ADR 2,553 3,476
    DAIMLER A 2,242 3,651
    DEUTSCHE BOERSE AG SHS 1,919 2,508
    DIRECT LINE INSURANC-UNSP ADR 2,246 2,443
    ELECTROLUX AB SPONS ADR 3,199 3,051
    EMBRAER SAPONSRD ADR 1,555 1,352
    ERICSSON AMERICAN 2,448 3,378
    ESPRIT HOLDNG LTD SP ADR 1,103 1,478
    FLETCHER BUILDING LTD 3,296 3,151
    GTECH ADR 3,784 4,467
    H LUNDBECK A/S 2,302 2,976
    HEIDELBERGCEMENT AG SHS 2,853 4,337
    HITACHI LTD 10 NEW ADR 3,404 3,897
    HONDA MOTOR ADR NEW 2,961 3,597
    HOYA CORP ADR 4,434 5,594
    HSBC HLDG PLC SP ADR 2,701 3,528
    INCITEC PIVOT LTD SHS 3,489 3,247
    INDRA SISTEMAS SA SHS 5,568 5,449
    ITAU UNIBANCO BANCO HOLD 4,591 3,854
    JTEKT CORP SHSH 1,919 2,963
    KINGFISHER PLC 2,000 2,286
    LG DISPLAY CO LTD 2,907 2,610
    LIXIL GROUP CORPORATION 3,282 3,691
    LLOYDS BANKING GROUP PLC 1,301 2,405
    MARINE HARVEST ASA SHS 2,220 4,289
    MUENCHENER RUECK-UNSPON 1,427 2,446
    NIDEC CORPORATOION 1,385 2,199
    NINTENDO LTD ADR 2,297 2,118
    NSK LTD ADR 2,848 5,011
    OTSUKA HOLDINGS CO LTD 3,690 3,373
    PUBLICIS GROUPE SPON ADR 2,209 4,778
    QINETIQ GROUP PLC ADR 1,737 2,238
    REXAM PLC- NEW NEW ADR 4,195 5,880
    SAFRAN SA-UNSPON ADR 2,805 5,034
    SANOFI ADR 1,181 1,716
    SCHNEIDER ELEC SA ADR 2,573 2,790
    SUMITOMO MITSUI-UNSPONS ADR 5,292 5,644
    TAKATA CORP SHS 1,025 1,320
    TECHTRONIC INDS SPD ADR 1,314 2,864
    TELEPERFORMCE UNSPOND ADR 3,910 4,619
    TEVA PHARMACTCL INDS ADR 2,716 2,685
    TOTAL SA SP ADR 4,057 4,595
    TRAVELSKY TECHNOLOGY LTD 2,305 3,704
    UBS AG REG 2,868 4,293
    UNILEVER NV NY REG SHS 2,177 2,615
    VOESTALPNE AG-UNSPON ADR 1,417 1,906
    WIENERBERGER BAUST SPADR 1,394 2,281
    WOLTERS KLUWR NV SPN ADR 971 1,312
    WPP PLC ADR 2,741 5,054
    AMAZON COM INC COM 16,220 30,308
    AMPHENOL CORP CL A NEW 12,856 20,690
    ARM HLDGS PLC SPD ADR 11,630 13,573
    ATHENAHEALTH INC 9,539 10,895
    BIOGEN IDEC INC 15,832 16,215
    CANADIAN PACIFIC RAILWAY 36,761 44,337
    CELGENE CORP COM 23,250 70,967
    CITIGROUP INC COM 35,238 35,174
    CROWN CASTLE INTL CORP 12,678 22,396
    CUMMINS INC COM 14,235 14,943
    DELPHI AUTOMOTIVE PLC 27,677 32,590
    EBAY INC COM 27,202 40,106
    ENDO HEALTH SOLU INC 18,535 22,262
    EXPRESS SCRIPTS HLDG CO 32,805 41,020
    GILEAD SCIENCES INC COM 23,772 42,206
    GOOGLE INC CL A 61,250 78,450
    L BRANDS INC 21,476 37,667
    LINKEDIN CORP 8,863 8,240
    LOWE'S COMPANIES INC 31,582 32,653
    MARRIOTT INTL INC NEW A 23,103 34,250
    MASTERCARD INC 18,265 32,583
    MGM RESORTS INTERNATIONL 19,679 36,997
    MONSANTO CO NEW DEL COM 33,352 37,995
    MONSTER BEVERAGE CORP 16,840 20,060
    NIELSEN HOLDINGS BV 11,144 12,436
    ORACLE CORP $0.01 DEL 22,916 25,749
    PANERA BREAD CO CLA 14,799 16,432
    PERNOD-RICARD SA-UNSPON 29,615 28,786
    PRECISION CASTPARTS 18,691 41,742
    PRICELINE COM INC 22,310 32,547
    STARBUCKS CORP 19,574 19,362
    TE CONNECTIVITY LTD 20,029 36,703
    TERADATA CORP DEL 17,521 15,103
    TJX XOS INC NEW 32,791 40,660
    T-MOBILE US INC SHS 15,076 19,276
    TWENTY-FIRST CENTURY 24,094 62,497
    US BANCORP 31,982 36,602
    VALEANT PHARMACEUTICALS 28,604 36,981
    ZOETIS INC 38,414 39,718
    3M COMPANY 17,902 43,478
    AMERICAN CAMPUS CMNTYS 21,963 17,361
    APPLE INC 42,148 51,614
    APPLIED MATERIAL INC 23,440 37,605
    AT&T INC 17,846 24,190
    CAPITAL ONE FINL 34,951 45,583
    CHEVRON CORP 21,436 37,473
    COCA COLA COM 17,489 30,611
    CONOCOPHILLIPS 17,087 30,662
    DU PONT E I DE NEMOURS 17,253 28,587
    EMERSON ELEC CO 15,189 32,493
    GENERAL MILLS 13,315 24,905
    GLAXOSMITHKLINE PLC ADR 29,159 35,398
    HOME DEPOT INC 9,581 33,348
    HONEYWELL INTL INC DEL 13,138 36,365
    JPMORGAN CHASE & CO 30,000 44,620
    LYONDELLBASELL INDUSTRIES 33,100 37,812
    MATTEL INC COM 20,705 36,208
    MCDONALDS CORP COM 13,305 21,250
    MERCK AND CO INC 31,784 34,585
    MICROSOFT CORP 31,139 41,712
    OCCIDNETAL PETE CORP 34,904 37,660
    PEPSICO INC 18,847 30,107
    PFIZER INC 21,069 34,857
    PNC FINCL SERVICES GROUP 30,132 34,523
    PROCTER & GAMBLE CO 21,734 33,134
    REGAL ENTMT GROUP CL A 25,444 38,706
    SIMON PROPERTY GROUP DEL 3,688 10,803
    ST JUDE MEDICAL INC 20,087 35,993
    SYSCO CORPORATION 18,631 28,988
    TOTAL S.A. SP ADR 25,610 32,289
    TYCO INTL LTD NAMEN-AKT 24,933 42,148
    UNITED PARCEL SVC CL B 28,083 33,941
    UNITED TECHS CORP COM 19,949 35,619
    WELLS FARGO & CO NEW DEL 30,764 40,542
    WP CAREY INC COM 5,728 5,337
    AMERICAN ASSETS TR INC 5,951 7,669
    APARTMENT INVT & MGMT CO 12,878 13,888
    BOSTON PPTYS INC 30,246 29,308
    BRE PPTYS INC MARYLAND A REIT 8,523 9,191
    CORP OFFICE PPTYS TRUST 9,151 8,884
    COUSINS PROPS INC REIT 7,489 7,468
    CUBESMART COM 9,603 11,636
    DDR CORP COM 13,553 12,726
    DIAMONDROCK HOSPITALITY CO 7,398 8,512
    DIGITAL RLTY TR INC 4,322 3,144
    DOUGLAS EMMETT INC 11,495 11,179
    DUKE REALTY CORP REIT 6,393 5,896
    EMPIRE ST RLTI TR INC 5,823 6,656
    EQUITY RESIDENTIAL 46,021 40,874
    ESSEX PPTY TR INC COM 7,906 7,319
    EXTRA SPACE STORAGE INC 6,552 8,847
    FDL R INV TR SBI NEW MD 15,691 15,516
    FIRST INDL REALTY TR INC 6,212 6,247
    FOREST CITY ENTRPRS CL A 7,203 8,500
    GENERAL GROWTH PROPERTIE 19,949 20,130
    GLIMCHER REALTY TR SBI 9,342 7,993
    HCP INC 12,777 10,714
    HEALTH CARE REIT INC COM 19,384 15,107
    HERSHA HOSPTLTY TR A SBI 3,114 3,866
    HEALTHCARE TR OF AMERICA INC 8,361 7,311
    HILTON WORLDWIDE HLDGS INC 3,754 3,827
    HOME PROPERTIES INC 15,142 13,137
    HOST HOTELS & RESORTS 16,779 18,468
    HUDSON PAC PPTYS INC 4,751 6,014
    HYATT HOTELS CORP 3,264 4,006
    NATIONAL RETAIL PPTYS INC 9,958 8,765
    OMEGA HEALTHCARE INVS REIT 5,878 5,364
    ORIENT-EXPRESS HOTELS A 4,592 6,845
    PROLOGIS INC 39,978 40,571
    PS BUSINESS PARKS INC REIT 3,857 3,974
    PUBLIC STORAGE $0.10 25,225 27,395
    QTS RLTY TR INC COM 3,867 4,312
    RAMCO-GERSHENSON PPTYSBI REIT 5,874 5,824
    REGENCY CENTERS CORP 17,039 16,622
    RETAIL PROPERTIES OF AMERICA INC SHS 6,738 5,533
    SIMON PROPERTY GROUP DEL 72,083 86,731
    SL GREEN REALTY CORP 27,189 31,040
    SOVRAN SELF STORAGE INC 6,258 6,908
    SPIRIT REALTY CAPITAL IN 7,909 7,608
    STRATEGIC HOTEL CAP INC 8,096 10,499
    SUNSTONE HOTEL INVS INC 6,308 6,861
    TANGER FACTORY OUTLT CEN 7,693 7,429
    TAUBMAN CENTERS INC COM 11,477 11,122
    TOLL BROS INC COM 3,504 4,218
    UDR INC 30,257 28,580
    VENTAS INC 35,502 33,967
    VORNADO REALTY TRUST COM 39,602 41,909
    WEINGARTEN RLTY INVS SBI 13,995 12,229
    A N S Y S INC COM 8,778 19,533
    AARON'S INC SHS 9,991 9,937
    AKAMAI TECHNOLOGIES INC 8,076 16,088
    ALLEGHENY TECH INC 9,265 12,043
    AMERICAN TOWER REIT INC 4,466 8,142
    ASTORIA FINANCIAL CORP 6,460 8,920
    AUTODESK INC DEL PV$0.01 7,013 15,398
    BARD C R INC 7,828 13,662
    BIO RAD LABS CL A 7,240 9,765
    BORG WARNER INC COM 7,266 24,489
    BOSTON PPTYS INC 7,804 13,450
    CABOT CORP 8,651 9,355
    CASH AMERICAN INTL INC 12,953 11,835
    CBRE GROUP INC 9,356 12,940
    CENTENE CORP 6,896 18,687
    COVANCE INC 7,275 13,385
    CSX CORP 10,444 21,980
    D R HORTON INC 8,152 15,669
    DARDEN RESTAURANTS INC 7,102 11,472
    EASTMAN CHEMICAL CO COM 4,848 15,091
    EATON VANCE CORP NVT 8,964 13,094
    FIRST POTOMAC RLTY TR 8,428 6,850
    GATX CORPORATION 9,093 17,007
    GLOBAL PMTS INC GEORGIA 6,023 9,034
    HEXCEL CORP NEW COM 9,181 16,491
    HORACE MANN EDUCTRS NEW 11,696 13,278
    HUNTINGTON INGALLS INDS 11,826 15,032
    INTERCONTINENTALEXCHANGE 9,531 20,693
    INTERGRYS ENERGY GROUP 6,438 10,011
    INTL GAME TECHNOLOGY 9,181 9,643
    INTUIT INC COM 9,442 24,270
    ITRON INC 12,100 9,115
    JOY GLOBAL INC DEL COM 8,419 10,645
    KEYCORP NEW COM 9,562 16,158
    MEDICAL PPTYS TR INC 11,337 11,548
    MONOLITHIC PWR SYSTEMS 9,044 25,094
    MOOG INC CL A 8,528 13,112
    NABORS INDUSTRIES LTD 12,375 14,000
    NEWFIELD EXPL CO COM 14,125 9,655
    PROTECTIVE LIFE CORP COM 10,165 17,123
    RAYMOND JAMES FINL INC 6,356 15,918
    REINSURANCE GROUP AMERICA 10,519 13,856
    REPUBLIC SERVICES INC 8,548 10,624
    RYDER SYSTEM INC 12,017 13,428
    SBA COMMUNICATIONS CRP A 9,756 28,659
    SNAP ON INC COM 8,869 24,861
    SONOCO PRODUCTS CO 10,648 13,058
    TAL INTL GROUP INC 13,464 14,739
    TELEDYNE TECH INC 10,420 13,687
    THE SCOTTS MIRACLE GRO 6,337 10,329
    TJX COS INC NEW 6,756 25,556
    UNITED NAT FOODS INC 12,316 35,584
    VALSPAR CORP COM 8,928 23,383
    WHITING PETROLEUM CORP 9,881 20,541
    XILINX INC 7,074 14,648
    FIXED INCOME SHARES 89,476 86,305
    FIXED INCOME SHARES 75,246 79,509

    TY 2013 InvestmentsGovtObligationsSch
    Name:
    JAMES M BARNETT JR FOUNDATION INC
    PERRY & WALTERS LLP
    EIN: 56-2360848
    US Government Securities - End of Year Book Value:

    428,167
    US Government Securities - End of Year Fair Market Value:

    414,030
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2013 OtherAssetsSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
    PERRY & WALTERS LLP
    EIN: 56-2360848
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID TAX 3,030 5,520 5,520
    OTHER ACCRUED INTEREST 1,992 2,831 2,831


    TY 2013 OtherExpensesSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
    PERRY & WALTERS LLP
    EIN: 56-2360848
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MEETING EXPENSES 74 0   0
    CORPORATE REGISTRATION 25 0   0
    INTERNET EXPENSES 239 0   0
    FILING FEES 30 0   0


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
    PERRY & WALTERS LLP
    EIN: 56-2360848
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 140,774 140,774   0


    TY 2013 TaxesSchedule
    Name:
    JAMES M BARNETT JR FOUNDATION INC
    PERRY & WALTERS LLP
    EIN: 56-2360848
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 4,623 4,623   0
    EXCISE TAXES 5,407 5,407   0