Form990-PF
Click to see attachment

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
Hyslop Shannon Foundation CO James R Morton
 

Number and street (or P.O. box number if mail is not delivered to street address)1100 Poydras Street No 2100   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
New Orleans, LA701632100
A Employer identification number

72-1447443
B Telephone number (see instructions)

(504) 599-8507
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$3,925,005J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 78,608 78,608  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 293,562
b Gross sales price for all assets on line 6a 1,975,375
7 Capital gain net income (from Part IV, line 2)... 293,562
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 36,384 36,384  
12 Total. Add lines 1 through 11........ 408,554 408,554  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 15,000 12,500   2,500
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 3,500 3,000   500
c Other professional fees (attach schedule).... Click to see attachment 14,950 14,950   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 1,791 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 35,241 30,450   3,000
25 Contributions, gifts, grants paid........ 187,588 187,588
26 Total expenses and disbursements. Add lines 24 and 25 222,829 30,450   190,588
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 185,725
b Net investment income (if negative, enter -0-) 378,104
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 466,335 75,539 75,539
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) 325,601    
b Investments—corporate stock (attach schedule)........ 1,476,608 Click to see attachment1,373,924 1,576,516
c Investments—corporate bonds (attach schedule)........ 362,461 Click to see attachment357,833 370,583
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 529,551 Click to see attachment1,599,573 1,902,367
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) 3,160,556 3,406,869 3,925,005
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 3,160,556 3,406,869
30 Total net assets or fund balances (see page 17 of the
instructions).................... 3,160,556 3,406,869
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 3,160,556 3,406,869
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 3,160,556
2 Enter amount from Part I, line 27a..................... 2 185,725
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 60,588
4 Add lines 1, 2, and 3.......................... 4 3,406,869
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 3,406,869
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 MIPS Technologies Inc   2011-10-03 2013-02-08
b MIPS Technologies Inc   2011-10-04 2013-02-08
c MIPS Technologies Inc   2011-10-05 2013-02-08
d MIPS Technologies Inc   2011-10-20 2013-02-08
e MIPS Technologies Inc   2011-10-21 2013-02-08
MIPS Technologies Inc   2011-11-02 2013-02-08
MIPS Technologies Inc   2011-11-03 2013-02-08
MIPS Technologies Inc   2011-11-18 2013-02-08
MIPS Technologies Inc   2011-11-21 2013-02-08
MIPS Technologies Inc   2011-11-22 2013-02-08
MIPS Technologies Inc   2011-11-23 2013-02-08
MIPS Technologies Inc   2011-11-25 2013-02-08
MIPS Technologies Inc   2011-11-28 2013-02-08
MIPS Technologies Inc   2011-12-15 2013-02-08
MIPS Technologies Inc   2011-12-28 2013-02-08
MIPS Technologies Inc   2011-12-30 2013-02-08
Amazon.com Bonds   2013-04-16 2013-09-11
BNY Inc Bonds   2009-09-15 2013-09-06
Comcast Corp BOnds   2006-12-25 2013-07-11
Devon Energy Bonds   2012-01-20 2013-03-13
Devon Energy Bonds   2012-01-20 2013-09-19
Devon Energy Bonds   2012-01-20 2013-04-09
Hewlett Packard Bonds   2011-12-07 2013-10-23
JPM Sr Notes   2010-11-05 2013-07-16
Kraft Foods Bonds   2012-09-05 2013-12-11
Natl Rura Bonds   1976-01-22 2013-12-16
Procter & Gamble Bonds   2011-09-07 2013-05-23
3M Company Bonds   2009-09-11 2013-08-15
Abbvie Inc.   2009-07-01 2013-02-27
Abbvie Inc.   2010-04-21 2013-02-27
Ace Ltd   2009-02-27 2013-04-10
Abbott Laboratories   2009-07-01 2013-03-13
Abbott Laboratories   2010-04-21 2013-03-13
Abbott Laboratories   2011-02-03 2013-03-13
Aetna Inc New   2008-11-04 2013-02-27
Aetna Inc New   2009-02-27 2013-02-27
Aetna Inc New   2011-10-14 2013-02-27
Aetna Inc New   2011-10-17 2013-02-27
Aetna Inc New   2012-06-21 2013-02-27
Aetna Inc New   2012-07-31 2013-02-27
Amern Express Co   2013-02-28 1923-04-10
Applied Materials Inc   2013-02-28 2013-11-18
Applied Materials Inc   2013-06-13 2013-11-18
Applied Materials Inc   2013-09-12 2013-11-18
Applied Materials Inc   2013-09-12 2013-11-22
Archer Daniels Midland   2010-01-08 2013-02-27
Archer Daniels Midland   2010-01-21 2013-02-27
Archer Daniels Midland   2010-03-16 2013-02-27
Archer Daniels Midland   2010-11-02 2013-02-27
Baxter Intl   2009-12-30 2013-02-27
Baxter Intl   2010-02-02 2013-02-27
Baxter Intl   2010-04-22 2013-02-27
Baxter Intl   2012-04-23 2013-02-27
Bristol Myers Squibb Co   2013-02-28 2013-06-18
Bristol Myers Squibb Co   2013-05-01 2013-06-18
Bristol Myers Squibb Co   2013-05-01 2013-06-24
CVS Caremark Corp   2009-11-05 2013-02-27
CVS Caremark Corp   2010-07-01 2013-02-27
CVS Caremark Corp   2011-08-12 2013-02-27
Carnival Corp   2012-02-21 2013-02-27
Carnival Corp   2012-04-23 2013-02-27
Coca-Cola Entrprs   2013-02-28 2013-05-23
Conocophillips   2013-02-28 2013-10-10
Corning Inc   2010-03-15 2013-11-06
Corning Inc   2010-03-17 2013-11-06
Corning Inc   2010-03-22 2013-11-06
Corning Inc   2010-05-05 2013-11-06
Corning Inc   2012-08-01 2013-11-06
Corning Inc   2013-03-28 2013-11-06
Corning Inc   2013-06-28 2013-11-06
Corning Inc   2013-09-27 2013-11-06
Abbvie Inc.   2012-03-21 2013-04-04
Abbvie Inc.   2012-03-22 2013-04-04
Abbvie Inc.   2012-03-22 2013-06-17
Abbvie Inc.   2012-03-23 2013-06-17
Abbott Laboratories   2012-03-21 2013-02-27
Abbott Laboratories   2012-03-22 2013-02-27
Abbott Laboratories   2012-03-23 2013-02-27
Abbott Laboratories   2012-03-27 2013-02-27
Abbott Laboratories   2012-03-28 2013-02-27
Abbott Laboratories   2012-05-08 2013-02-27
Abbott Laboratories   2012-05-11 2013-02-27
Abbott Laboratories   2012-05-14 2013-02-27
Abbott Laboratories   2012-06-20 2013-02-27
Abbott Laboratories   2012-07-20 2013-02-27
Alexion Pharms Inc   2011-08-11 2013-02-27
Alexion Pharms Inc   2011-08-15 2013-02-27
Alexion Pharms Inc   2011-08-16 2013-02-27
Alexion Pharms Inc   2011-08-18 2013-02-27
Alexion Pharms Inc   2011-12-23 2013-02-27
Alexion Pharms Inc   2012-04-26 2013-02-27
Allergan Inc   2012-05-03 2013-02-27
Allergan Inc   2012-05-07 2013-02-27
Allergan Inc   2012-05-21 2013-02-27
Amazon.com   2012-08-14 2013-02-27
Amazon.com   2012-08-15 2013-02-27
Amazon.com   2012-08-29 2013-02-27
Apple Inc   2009-01-28 2013-02-27
Apple Inc   2009-01-29 2013-02-27
Apple Inc   2009-03-18 2013-02-27
Apple Inc   2009-04-29 2013-02-27
Apple Inc   2009-05-27 2013-02-27
Apple Inc   2009-10-15 2013-02-27
Baidu Inc Spons ADR   2010-12-31 2013-02-27
Baidu Inc Spons ADR   2011-01-24 2013-02-27
Baidu Inc Spons ADR   2012-01-31 2013-02-27
Baidu Inc Spons ADR   2012-03-07 2013-02-27
Baidu Inc Spons ADR   2012-03-27 2013-02-27
Baidu Inc Spons ADR   2012-05-08 2013-02-27
Blackrock Inc   2013-02-28 2013-04-04
Account 1703-7219 attached   2012-01-01 2013-02-01
Other Miserow Gains   2011-12-01 2013-12-31
Amazon.com Inc   2013-04-16 2013-09-11
Prudential S T Bond   2013-02-20 2013-04-10
Templeton Global Bond Advisor   2013-02-20 2013-08-13
Corning Inc   2013-09-27 2013-11-13
Devon Energy Corp New   2012-04-26 2013-02-27
Devon Energy Corp New   2012-05-10 2013-02-27
Devon Energy Corp New   2012-06-19 2013-02-27
Dow Chemical Company   2012-04-04 2013-07-10
Eaton Corp PLC   2012-12-03 2013-02-27
Flextronics Intl Limited   2008-05-16 2013-02-27
Flextronics Intl Limited   2008-10-08 2013-02-27
Flextronics Intl Limited   2008-10-24 2013-02-27
Flextronics Intl Limited   2008-10-27 2013-02-27
Flextronics Intl Limited   2008-10-28 2013-02-27
Flextronics Intl Limited   2009-02-27 2013-02-27
Flextronics Intl Limited   2009-11-02 2013-02-27
Flextronics Intl Limited   2010-02-05 2013-02-27
Flextronics Intl Limited   2010-07-01 2013-02-27
Flextronics Intl Limited   2012-07-18 2013-02-27
Halliburton Company   2010-11-08 2013-02-27
Halliburton Company   2011-10-17 2013-02-27
Halliburton Company   2012-03-23 2013-02-27
Halliburton Company   2012-05-24 2013-02-27
Honeywell Intl Inc   2009-08-17 2013-02-27
Honeywell Intl Inc   2009-10-20 2013-02-27
Honeywell Intl Inc   2010-08-20 2013-02-27
Honeywell Intl Inc   2011-08-18 2013-02-27
Hospira Inc   2009-05-13 2013-02-27
Hospira Inc   2010-05-25 2013-02-27
Hospira Inc   2010-05-26 2013-02-27
Hospira Inc   2010-08-24 2013-02-27
Hospira Inc   2011-10-28 2013-02-27
Hospira Inc   2011-10-31 2013-02-27
Kla-Tencor Corp   2013-05-14 2013-08-22
KBR Inc   2009-05-15 2013-02-27
KBR Inc   2009-10-30 2013-02-27
KBR Inc   2009-11-23 2013-02-27
KBR Inc   2009-11-24 2013-02-27
KBR Inc   2011-08-24 2013-02-27
KBR Inc   2012-05-10 2013-02-27
KBR Inc   2012-07-18 2013-02-27
Marvell Tech Group Inc   2013-02-28 2013-08-14
Meadwestvaoo Corp   2013-02-28 2013-05-14
Medtronic Inc   2010-08-31 2013-02-27
Metlife Inc.   2010-08-24 2013-02-27
Metlife Inc.   2010-08-25 2013-02-27
Metlife Inc.   2011-08-24 2013-02-27
Mosaic Company New   2011-06-23 2013-02-27
Mosaic Company New   2011-06-27 2013-02-27
Mosaic Company New   2011-06-30 2013-02-27
Mosaic Company New   2012-02-08 2013-02-27
NV Energy Inc   2013-03-13 2013-05-30
NYSE Euronext   2011-08-25 2013-02-27
NYSE Euronext   2011-08-26 2013-02-27
NYSE Euronext   2011-08-29 2013-02-27
NYSE Euronext   2011-08-30 2013-02-27
NYSE Euronext   2012-05-02 2013-02-27
Newell Rubbermaid Inc   2013-02-28 2013-05-14
Norfolk Southern Corp   2009-05-07 2013-02-27
Norfolk Southern Corp   2009-06-15 2013-02-27
Norfolk Southern Corp   2011-01-31 2013-02-27
Norfolk Southern Corp   2012-03-02 2013-02-27
Norfolk Southern Corp   2012-05-21 2013-02-27
On Semiconductor Corp   2010-05-13 2013-02-27
On Semiconductor Corp   2010-05-14 2013-02-27
On Semiconductor Corp   2011-08-24 2013-02-27
On Semiconductor Corp   2012-05-18 2013-02-27
On Semiconductor Corp   2012-09-12 2013-02-27
Packaging Corp of Amer   2013-02-28 2013-12-10
Partner Re Limited   2012-01-30 2013-02-27
Partner Re Limited   2012-02-01 2013-02-27
Partner Re Limited   2012-02-01 2013-10-23
Partner Re Limited   2012-08-01 2013-10-23
Procter & Gamble Company   2012-06-19 2013-02-27
Prudential Finl Inc   2011-11-09 2013-02-27
Questar Corp   2013-08-01 2013-09-10
Questar Corp   2013-09-09 2013-09-10
Questar Corp   2013-09-09 2013-09-16
Reynolds American Inc   2013-02-28 2013-08-01
Reynolds American Inc   2013-04-01 2013-08-01
Reynolds American Inc   2013-07-01 2013-08-01
Reynolds American Inc   2013-07-01 2013-08-07
Royal Dutch Shell ADR   2011-05-17 2013-02-27
Royal Dutch Shell ADR   2011-05-24 2013-02-27
Southern Copper Corp Del   2013-02-28 2013-04-02
Steel Dynamics Inc   2013-04-10 2013-05-23
Superior Energy Svcs Inc   2012-02-28 2013-02-27
Superior Energy Svcs Inc   2012-02-29 2013-02-27
Superior Energy Svcs Inc   2012-06-21 2013-02-27
Symantec Corp   2012-01-31 2013-02-27
Symantec Corp   2012-02-01 2013-02-27
Symantec Corp   2012-04-23 2013-02-27
Symantec Corp   2012-07-18 2013-02-27
Target Corp   2009-02-27 2013-02-27
Target Corp   2009-12-04 2013-02-27
Target Corp   2010-10-07 2013-02-27
Target Corp   2011-02-18 2013-02-27
Target Corp   2011-08-26 2013-02-27
Target Corp   2012-01-19 2013-02-27
Teva Pharmaceutical ADR   2008-09-23 2013-02-27
Teva Pharmaceutical ADR   2008-09-26 2013-02-27
Teva Pharmaceutical ADR   2008-10-28 2013-02-27
Teva Pharmaceutical ADR   2009-02-27 2013-02-27
Teva Pharmaceutical ADR   2010-05-25 2013-02-27
Teva Pharmaceutical ADR   2010-07-26 2013-02-27
Teva Pharmaceutical ADR   2011-02-08 2013-02-27
Teva Pharmaceutical ADR   2011-11-17 2013-02-27
Unilever N V NY Shs New   2008-10-30 2013-02-27
Unilever N V NY Shs New   2009-02-05 2013-02-27
Unilever N V NY Shs New   2009-02-27 2013-02-27
Unilever N V NY Shs New   2010-03-24 2013-02-27
Unilever N V NY Shs New   2011-02-04 2013-02-27
Unilever N V NY Shs New   2012-01-19 2013-02-27
Union Pacific Corp   2009-10-23 2013-02-27
Union Pacific Corp   2009-10-26 2013-02-27
Valero Energy Corp   2013-02-28 2013-03-13
Vodafone Grp PLC New ADR   2011-01-07 2013-02-27
Vodafone Grp PLC New ADR   2011-01-14 2013-02-27
Vodafone Grp PLC New ADR   2011-04-01 2013-02-27
Vodafone Grp PLC New ADR   2012-09-12 2013-02-27
Western Union Company   2008-12-16 2013-02-27
Western Union Company   2008-12-24 2013-02-27
Western Union Company   2008-12-29 2013-02-27
Western Union Company   2009-02-05 2013-02-27
Western Union Company   2009-02-27 2013-02-27
Western Union Company   2010-02-19 2013-02-27
Western Union Company   2011-08-24 2013-02-27
Western Union Company   2012-02-08 2013-02-27
Willis Grp Hldgs Pub Ltd   2009-01-26 2013-02-27
Willis Grp Hldgs Pub Ltd   2009-01-27 2013-02-27
Willis Grp Hldgs Pub Ltd   2009-02-04 2013-02-27
Willis Grp Hldgs Pub Ltd   2009-02-27 2013-02-27
Willis Grp Hldgs Pub Ltd   2009-07-31 2013-02-27
Willis Grp Hldgs Pub Ltd   2012-02-17 2013-02-27
Xerox Corp   2013-04-02 2013-02-27
(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 16   10 6
b 144   84 60
c 8   5 3
d 48   30 18
e 32   20 12
8   5 3
16   10 6
24   15 9
144   89 55
176   108 68
136   79 57
72   41 31
72   43 29
72   38 34
40   21 19
72   40 32
10,608   10,944 -336
8,214   8,072 142
20,482   19,654 828
6,019   6,008 11
4,834   4,805 29
7,266   7,197 69
20,367   20,260 107
15,594   15,367 227
17,772   17,577 195
2,019   1,998 21
17,502   17,087 415
15,000   15,000 0
1,173   778 395
477   350 127
1,542   632 910
1,116   717 399
907   645 262
2,268   1,430 838
3,378   1,730 1,648
952   507 445
2,379   1,886 493
2,189   1,734 455
5,281   4,548 733
2,331   1,777 554
6,025   5,764 261
11,347   9,162 2,185
74   66 8
63   59 4
8   8 0
3,160   3,038 122
4,373   4,185 188
830   742 88
415   406 9
2,084   1,827 257
4,371   3,795 576
3,362   2,535 827
4,841   3,891 950
7,382   5,867 1,515
47   39 8
18   16 2
2,699   1,543 1,156
1,171   666 505
4,991   3,273 1,718
8,576   7,479 1,097
4,359   3,870 489
6,074   5,780 294
1,604   1,339 265
2,583   2,832 -249
1,037   1,188 -151
2,353   2,770 -417
3,669   4,158 -489
2,468   1,702 766
83   66 17
85   74 11
79   71 8
2,118   1,598 520
457   345 112
1,695   1,253 442
848   627 221
1,752   1,474 278
1,752   1,474 278
1,821   1,532 289
756   648 108
653   555 98
343   297 46
343   299 44
721   622 99
378   331 47
618   563 55
1,811   1,050 761
1,725   1,059 666
1,897   1,156 741
1,897   1,099 798
1,294   1,029 265
259   270 -11
432   376 56
10,688   9,307 1,381
864   717 147
2,910   2,574 336
6,084   5,408 676
1,323   1,236 87
1,774   378 1,396
3,105   653 2,452
9,759   2,235 7,524
3,105   881 2,224
5,767   1,733 4,034
3,549   1,520 2,029
539   585 -46
2,515   2,918 -403
180   253 -73
180   268 -88
629   1,073 -444
180   250 -70
2,488   2,414 74
1,096,176   981,473 114,703
85,506     85,506
10,608   10,974 -366
43,988   44,000 -12
29,980   31,183 -1,203
4   3 1
6,760   8,605 -1,845
3,677   4,391 -714
973   1,031 -58
1,599   1,610 -11
17,200   14,534 2,666
1,053   1,678 -625
291   221 70
344   195 149
629   363 266
139   82 57
3,972   1,295 2,677
768   768 0
3,588   3,573 15
1,860   1,599 261
324   307 17
11,445   9,271 2,174
1,441   1,224 217
2,017   1,646 371
5,156   3,912 1,244
2,950   1,465 1,485
4,214   2,283 1,931
5,618   3,247 2,371
3,020   1,840 1,180
1,789   2,078 -289
808   1,404 -596
202   358 -156
606   1,070 -464
577   630 -53
3,190   3,190 0
6,154   5,987 167
2,460   1,387 1,073
1,336   916 420
2,247   1,410 837
2,338   1,460 878
425   383 42
3,827   3,774 53
1,427   1,141 286
5,330   4,137 1,193
3,737   3,814 -77
7,196   5,133 2,063
3,935   4,048 -113
3,332   3,432 -100
2,375   2,169 206
2,902   3,122 -220
3,831   4,229 -398
3,773   4,322 -549
1,916   1,857 59
7,562   6,494 1,068
2,758   1,951 807
2,385   1,704 681
2,795   2,050 745
3,168   2,300 868
1,789   1,216 573
6,372   5,445 927
3,125   1,589 1,536
3,052   1,645 1,407
2,107   1,773 334
1,235   1,157 78
3,270   3,023 247
1,370   1,355 15
4,301   4,142 159
1,874   1,655 219
1,826   1,558 268
1,137   949 188
10,634   7,334 3,300
2,125   1,532 593
2,834   2,145 689
3,635   2,614 1,021
1,771   1,395 376
6,504   5,304 1,200
6,394   5,975 419
5,888   6,612 -724
44   44 0
4   4 0
5,980   5,273 707
79   71 8
70   69 1
8   8 0
7,066   7,427 -361
4,318   4,553 -235
5,612   5,821 -209
3,179   3,129 50
3,643   4,174 -531
4,190   4,748 -558
3,227   2,384 843
3,345   2,487 858
5,491   4,151 1,340
5,352   4,181 1,171
2,330   1,383 947
190   85 105
1,140   828 312
5,573   4,741 832
3,293   2,699 594
1,520   1,222 298
1,330   1,066 264
975   1,175 -200
1,387   1,703 -316
1,125   1,157 -32
562   671 -109
1,125   1,665 -540
712   952 -240
1,200   1,648 -448
713   749 -36
544   323 221
2,488   1,355 1,133
3,498   1,742 1,756
1,283   977 306
1,283   983 300
1,011   849 162
1,504   629 875
1,641   967 674
9,605   10,030 -425
2,728   3,001 -273
4,355   4,776 -421
3,729   4,335 -606
776   864 -88
662   651 11
1,649   1,613 36
507   506 1
1,127   966 161
2,254   1,832 422
521   607 -86
2,240   2,607 -367
1,339   1,723 -384
75   48 27
675   432 243
1,838   1,129 709
2,251   1,318 933
1,763   1,173 590
1,575   1,430 145
6,557   5,926 631
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       6
b       60
c       3
d       18
e       12
      3
      6
      9
      55
      68
      57
      31
      29
      34
      19
      32
      -336
      142
      828
      11
      29
      69
      107
      227
      195
      21
      415
      0
      395
      127
      910
      399
      262
      838
      1,648
      445
      493
      455
      733
      554
      261
      2,185
      8
      4
      0
      122
      188
      88
      9
      257
      576
      827
      950
      1,515
      8
      2
      1,156
      505
      1,718
      1,097
      489
      294
      265
      -249
      -151
      -417
      -489
      766
      17
      11
      8
      520
      112
      442
      221
      278
      278
      289
      108
      98
      46
      44
      99
      47
      55
      761
      666
      741
      798
      265
      -11
      56
      1,381
      147
      336
      676
      87
      1,396
      2,452
      7,524
      2,224
      4,034
      2,029
      -46
      -403
      -73
      -88
      -444
      -70
      74
      114,703
      85,506
      -366
      -12
      -1,203
      1
      -1,845
      -714
      -58
      -11
      2,666
      -625
      70
      149
      266
      57
      2,677
      0
      15
      261
      17
      2,174
      217
      371
      1,244
      1,485
      1,931
      2,371
      1,180
      -289
      -596
      -156
      -464
      -53
      0
      167
      1,073
      420
      837
      878
      42
      53
      286
      1,193
      -77
      2,063
      -113
      -100
      206
      -220
      -398
      -549
      59
      1,068
      807
      681
      745
      868
      573
      927
      1,536
      1,407
      334
      78
      247
      15
      159
      219
      268
      188
      3,300
      593
      689
      1,021
      376
      1,200
      419
      -724
      0
      0
      707
      8
      1
      0
      -361
      -235
      -209
      50
      -531
      -558
      843
      858
      1,340
      1,171
      947
      105
      312
      832
      594
      298
      264
      -200
      -316
      -32
      -109
      -540
      -240
      -448
      -36
      221
      1,133
      1,756
      306
      300
      162
      875
      674
      -425
      -273
      -421
      -606
      -88
      11
      36
      1
      161
      422
      -86
      -367
      -384
      27
      243
      709
      933
      590
      145
      631
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 2 293,562
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 167,126 3,536,210 0.047261
2011 143,384 3,418,358 0.041945
2010 161,119 3,333,975 0.048326
2009 185,292 3,031,311 0.061126
2008 179,438 3,493,358 0.051365
2 Total of line 1, column (d) ...................... 2 0.250023
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 0.050005
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 2,939,961
5 Multiply line 4 by line 3....................... 5 147,013
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,781
7 Add lines 5 and 6......................... 7 150,794
8 Enter qualifying distributions from Part XII, line 4.............. 8 190,588
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 3,781
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 3,781
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 3,781
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 3,520
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,520
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 6
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 267
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletLA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletJames R Morton Telephone no.bullet (504) 599-8507
    Located atbullet1100 Poydras St Ste 2100 NewOrleans LANew OrleansLA ZIP+4bullet701632100
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2013, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the
    foreign country bullet  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2013?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If "Yes," did it have excess business holdings in 2013 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2013.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2013?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    James R Morton President, Director
    1.00     		5,000 0 0
    1100 Poydras Street Suite 2100
    New Orleans,LA701632100
    Carol Whipple Secretary/Treas, Director
    1.00     		5,000 0 0
    945 Huckleberry Road
    Northbrook,IL60062
    Thomas M Morton Vice President, Director
    1.00     		5,000 0 0
    1553 Acorn Court
    Gurnee,IL60031
    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
    146,998
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    3,781
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,781
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    143,217
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    143,217
    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
    143,217
    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 7 143,217
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 170,637
    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$ 190,588
    a Applied to 2012, but not more than line 2a 170,637
    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..... 19,951
    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 ..........     		123,266
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010....  
    c Excess from 2011....  
    d Excess from 2012....  
    e Excess from 2013....  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2013, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2013 (b) 2012 (c) 2011 (d) 2010
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Ann & Robert H Lurie Children's Hospital of Chicago
    225 E Chicago Avenue
    Chicago,IL60611     		NONE Public Charity Health Care 1,500
    Avon Walk for Breast Cancer
    1 Avon Plaza
    Rye,NY10580     		NONE Public Charity Breast Cancer Research 500
    BAWCF
    2424 Washington St Ste 123
    Waukegan,IL60085     		NONE Public Charity Prevention of Domestic Violance 2,000
    Beth Emet Soup Kitchen
    1224 Dempster St
    Evanston,IL60202     		NONE Public Charity Civic 1,000
    C P T T C Inc
    1819 Hackberry Lane
    Lake Forest,IL60045     		NONE Public Charity Civic 250
    YMCA Camp Eberhart
    1041 Camp Eberhart Rd
    Three Rivers,MI49093     		NONE Public Charity Education 1,800
    Chicago A Cappella
    2936 North Soutport Avenue
    Chicago,IL60657     		NONE Public Charity Cultural 22,000
    Chicago Botanical Gardens
    1000 Lake Cook Avenue
    Glencoe,IL60022     		NONE Public Charity Civic 6,000
    Chicago Mission Hockey CLU
    6690 S Route 53
    Woodridge,IL60517     		NONE Public Charity Education 2,500
    Childhood Leukemia Foundation
    807 Mantoloking Rd
    Brick,NJ08723     		NONE Public Charity Health care 500
    Congregation Or Shalom
    21 Hawthorn Parkway
    Vernon Hills,IL600611445     		NONE Public Charity Religious 30,000
    Ecole Bilingue de la Nouvelle Orleans
    821 General Pershing St
    New Orleans,LA70115     		NONE Public Charity Educational 3,000
    Elmhurst College
    190 Prospect Avenue
    Elmhurst,IL60126     		NONE Public Charity Education 5,000
    Foundation Think Again
    914 Westwood Blvd Box 592
    Los Angeles,CA90024     		NONE Public Charity Health 500
    Hopes Haven Pet Rescue
    P O Box 2182
    Mount Juliet,TN37121     		NONE Public Charity Animal Rescue 600
    House of Ruth
    1111 Newton St
    New Orleans,LA70114     		NONE Public Charity Women's health 500
    Hugh Obrian Youth Leadership
    10880 Wilshire Boulevard Suite 410
    Los Angeles,CA90024     		NONE Public Charity Education 1,000
    IGMA
    P O Box 629
    Freedom,CA950190629     		NONE Public Charity Civic 1,000
    J Kyle Broad Leadership Foundation
    53634 Road NNN P O Box 166
    Villa Grove,CO81155     		NONE Public Charity Civic 3,000
    Kick Off for Kids
    105 S YOrk Ste 230
    Elmhurst,IL60126     		NONE Public Charity Educational 1,000
    Lake County JATC
    31290 N US Hwy 45 Unit A
    Libertyville,IL60048     		NONE Public Charity Educational 5,000
    Loyola University
    St Charles Avenue
    New Orleans,LA70118     		NONE Public Charity Educational 9,375
    Mammograms in Action Inc
    23665 Birtcher Dr
    Lake Forest,IL926301770     		NONE Public Charity Medical 500
    Mary Bird Perkins Cancer Center
    8166 Main Street Ste 102
    Houma,LA70363     		NONE Public Charity Medical 1,000
    Misericordia Womens Auxiliary
    6300 North Ridge Avenue
    Chicago,IL60660     		NONE Public Charity Civic 350
    Muscular Dystrophy Association
    222 S Riverside Plaza Ste 1500
    Chicago,IL60606     		NONE Public Charity Medical Research 400
    N A M E
    502 Dixie Terminal Bldg
    Cincinnati,OH45202     		NONE Public Charity Art 853
    National Fire Safety Council
    P O Box 378
    Michigan Center,MI492540378     		NONE Public Charity Fire Safety 500
    New Orleans Aids Task Force
    2601 Tulane Ave Ste 500
    New Orleans,LA70119     		NONE Public Charity Health Care and Research 500
    New York Junior League
    130 E 80th St
    New York,NY10075     		NONE Public Charity Civic 500
    Northbrook Junior League Baseball
    425 Huehl Rd Bldg 21
    Northbrook,IL60062     		NONE Public Charity Children fitness 4,000
    Northern Illinois Food Bank
    273 Dearborn Ct
    Generva,IL60134     		NONE Public Charity Poverty 2,000
    One Hope United - Northern Region
    111 East Wacker Drive Suite 325
    Chicago,IL60601     		NONE Public Charity Civic 2,750
    Parents Against Drugs
    P O Box 24
    Amite,LA70422     		NONE Public Charity Drug Prevention for children 3,500
    Posse Foundation
    1515 Poydras St Ste 610
    New Orleans,LA70112     		NONE Public Charity Educational 375
    Pro Bono Project
    615 Baronne St Ste 201
    New Orleans,LA70113     		NONE Public Charity Poverty legal aid 1,500
    Ravinia Festival
    1575 Oakwood Avenue
    Highland Park,IL60035     		NONE Public Charity Civic 15,100
    SAFY
    233 E 84th Dr Ste 109
    Merriville,IN46240     		NONE Public Charity Civic 5,000
    St Baldrick's Fund
    1333 South Mayflower Avenue Suite
    400
    Monrovia,CA91016     		NONE Public Charity Medical 500
    Tails of Hope
    1628 Old Deerfield
    Highland Park,IL60035     		NONE Public Charity Civic 3,650
    Woodland Educational Foundation
    5800 e 300 North Rd
    Streator,IL61364     		NONE Public Charity Education 1,500
    ThYck Troupe Organization NFP
    454 N Peterson Road
    Libertyville,IL60048     		NONE Public Charity Theater 1,000
    Tulane University
    28 McAlister Drive
    New Orleans,LA70118     		NONE Public Charity Educational 8,925
    UNIDOS
    4000 West Lake
    Glenview,IL60026     		NONE Public Charity Civic 1,000
    United Way
    2515 Canal Street
    New Orleans,LA70119     		NONE Public Charity Civic 31,160
    Winnetka Rotary Foundation
    620 Lincoln Avenue
    Winnetka,IL60093     		NONE Public Charity Civic 3,000
    Total .................................bullet 3a 187,588
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		         
    4 Dividends and interest from securities....     14 78,608  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....     14 36,384  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 293,562  
    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).. 0 408,554 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13408,554
    (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:
    Hyslop Shannon Foundation CO James R Morton
    EIN: 72-1447443
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    David Kirk Stirton CPA 3,500 3,000   500

    TY 2013 GeneralExplanationAttachment
    Name:
    Hyslop Shannon Foundation CO James R Morton
    EIN: 72-1447443
    Identifier Return Reference Explanation
    Capital Gains and Losses for Tax on Investment Income Detail Form 990-PF, Part IV Voluminous details of capital gain and loss transactions has been mailed to Department of the Treasury, Internal Revenue Service, Ogden, UT 84201-0027.

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    Hyslop Shannon Foundation CO James R Morton
    EIN: 72-1447443
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Apple Computer Inc Sr NOte 2.4% 14,514 13,481
    AT&T Inc Global Note B/E CPN 1.600% due 2/15/17 10,178 10,018
    Bank New York Inc Medium Term SR Note B/E CPN 4.300% due 5/15/14 7,035 7,108
    Berkshire Hathaway Fin Corp Gtd Sr Note CPN 4.850% due 1/15/15 15,294 15,666
    Burlington NOrthern Santa Fe Debenture 3.85% 9,876 9,888
    Chevron Cor Sr Notes 2.427% 11,677 11,743
    Cisco Systems Inc Senior Note CPN 5.500% due 2/22/16 20,048 22,005
    Comcast Corp New Note B/E CPN 5.300% due 1/15/14 8,848 8,949
    Conocophillips GTD Note CPN 4.600% due 1/15/15 20,277 20,847
    Costco Wholesale Corp New Senior Notes CPN 5.500% due 3/15/17 16,852 16,858
    Deer John Cap Corp Medium Term Note B/E CPN 1.400% due 3/15/17 15,030 15,009
    Dow Chemical Co Note 4.125% 16,525 16,534
    EMC Corp Note 2.65% 9,994 9,808
    General Electric Cap CorpMedium Term Note CPN 5.625% due 9/15/17 21,609 22,709
    Intel Corp Sr Note 1.95% 10,305 10,289
    JPMorgan Chase & Company Senior Note B/E CPN 3.700% due 1/20/15 16,422 16,654
    Kraft Foods Inc. Senior Unsecurted Notes CPN 6.500% due 8/11/17 9,849 9,792
    National Rural Utilities Coop Finance Corp Coll Trust Bond B/E CPN 4.75% due 7,994 8,041
    Oracle Corp Note B/E /cOB 5.75% due 4/15/18 15,123 17,355
    Phillips 66 Tdg Sr Note 4.3% 12,541 12,175
    Sysco Corp Note CPN 5.25% due 2/12/18 10,012 11,189
    Target Corp Senior Notes CPN 5.875% due 7/15/16 20,241 22,516
    U S Bancorp Medium Term Note B/E CPN 4.200% due 5/15/14 9,943 10,151
    United Parcel Service Sr Note B/E CPN 5.500% due 1/15/18 20,139 22,795
    Verizon Communications Inc Note 5.15% 11,246 11,808
    Wells Fargo & Co Sr Unsecd Note B.E CPN 5.625% due 12/11/17 16,261 17,195

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    Hyslop Shannon Foundation CO James R Morton
    EIN: 72-1447443
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Abbvie Inc 8,727 11,409
    Abbvie Inc 12,883 19,267
    Accenture PLC Ireland Class A New 12,743 13,977
    Ace Ltd 5,763 11,492
    Ace Ltd 14,586 16,772
    AFLAC Inc 8,533 11,288
    American Electric Power 7,995 7,967
    American Financial Group 6,961 9,120
    Ameriprise Financial Inc 8,712 14,496
    Apple Inc 11,767 18,621
    Archer Daniels Midland Company 8,257 11,069
    AT&T Inc 15,193 14,735
    AT&T Inc 20,238 19,859
    Altria Group Inc 7,416 8,413
    Bank New York Mellon Corp 15,027 16,834
    BB&T corp 9,633 11,729
    Blackrock Inc 8,208 10,760
    Blackrock Inc 8,691 11,393
    Boeing Company 10,997 19,219
    Cardinal Health 8,668 12,447
    Caterpillar Inc 10,315 10,101
    Chevron Corp 9,254 14,590
    Chevron Corp 17,045 18,045
    Chubb Corp 5,109 5,729
    Cisco Systems Inc 12,058 12,266
    Coca-Cola Company 16,982 18,017
    Comcast Corp 9,940 12,847
    Conagra Foods Inc 9,227 9,062
    Conocophillips 14,791 17,451
    Covidien PLC New 11,585 13,280
    Crane Company 6,079 7,532
    Cullen Frost Bankers Inc 11,615 14,216
    CVS Caremark Corp 16,627 23,011
    Donnelley RR & Sons 6,092 7,362
    Dow Chemical Company 12,172 16,106
    Eaton Corp PLC 7,109 8,525
    Eaton Corp PLC 9,904 12,103
    Exelis Inc 3,148 5,222
    Exxon Mobil Corp 17,991 20,094
    Fidelity National Information Services Inc 5,790 8,211
    Fidelity National Information Services Inc 10,748 15,241
    Gallagher Arthur J & Co' 7,846 9,465
    General Dynamics Corp 7,661 10,627
    General Electric Corp 16,293 19,518
    Harris Corp Del 5,433 6,213
    Home Depot 10,098 12,020
    Honeywell Intl Inc 12,475 14,305
    International Paper Company 10,457 11,502
    Invesco Ltd Shares 7,424 10,046
    Ishares U S Preferred Stock ETF 132,756 122,058
    ITC Holdings Corp 9,610 10,923
    JPMorgan Chase & Co 19,406 22,910
    JPMorgan Chase & Co 17,941 21,180
    Johnson & Johnson 12,272 12,082
    Kinder Morgan Inc De 15,772 15,372
    Liberty Property Tr 6,032 5,235
    Lilly Eli & Co 9,136 8,497
    Lockheed Martin Corp 9,706 13,458
    Lowes Companies Inc 9,679 12,451
    Macy's Inc 12,887 13,510
    Marsh & Mclennan Cos Inc 7,360 9,575
    Maxim Integrated Products Inc 6,590 5,859
    McCormick & Comopany 11,741 11,974
    Medtronic Inc 5,296 9,092
    Merck & Company Inc 17,912 20,378
    Microsoft Corp 7,429 9,895
    Microsoft Corp 13,253 17,650
    Motorola Solutions Inc 13,661 14,779
    Nextera Energy Inc 10,833 12,816
    Novo Nordisk AS ADR 13,331 14,042
    Occidental Petroleum Corp 11,995 12,604
    Oneok Inc New 10,183 13,895
    Packaging Corp of America 8,266 10,251
    Philip Morris Intl Inc 11,829 11,210
    Philip Morris Intl Inc 19,140 18,293
    Phillips 66 11,042 11,801
    Phillips 66 12,352 14,885
    PNC Financial Services Group Inc 6,953 7,258
    Pfizer Inc 18,538 20,531
    PFizer Inc 17,473 19,349
    Powershares Preferred ETF 660 662
    Powershares Preferred ETF 131,970 120,139
    Procter & Gamble Company 10,778 13,266
    Prudential Financial Inc. 6,116 11,588
    Public Service Enterprise Group 9,364 9,169
    Qualcomm Inc. 13,751 19,528
    RPM International Inc 5,508 7,451
    Seadrill Ltd 15,610 17,276
    Southern Copper Corp Del 16,673 12,705
    Spectra Energy Corp 8,448 10,293
    State Street Corp 7,287 9,358
    Time Warner Cable Inc 11,592 17,962
    Travelers Companies Inc 6,471 7,227
    Tupperware Brands Corp 8,844 10,051
    U S Bancorp De 8,968 10,612
    Union Pacific Corp 2,810 8,010
    Union Pacific Corp 14,560 21,442
    United Technologies Corp 4,086 5,088
    Unitedhealth Group Inc 14,138 14,411
    V F Corp 12,103 18,589
    Verizon Communications Inc 12,407 12,964
    Walgreen Company 7,610 8,542
    Wells Fargo & Co 15,102 19,339
    Wells Fargo & Co 17,549 21,677
    Whirlpool Corp 8,879 11,780

    TY 2013 InvestmentsOtherSchedule2
    Name:
    Hyslop Shannon Foundation CO James R Morton
    EIN: 72-1447443
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Prudential Short Term Corp Bond FMV 339,249 333,472
    SVP II LLC FMV 380,244 553,791
    SVP Real Estate LLC FMV 176,002 265,733
    Templeton Global Bond Advisor CL FMV 207,135 201,766
    Thornburg Intl Value FMV 496,943 547,605

    TY 2013 OtherIncomeSchedule2
    Name:
    Hyslop Shannon Foundation CO James R Morton
    EIN: 72-1447443
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Sports Venture Partners II 22,357 22,357 22,357
    Sports Venture Partners Real Estate 14,027 14,027 14,027


    TY 2013 OtherIncreasesSchedule
    Name:
    Hyslop Shannon Foundation CO James R Morton
    EIN: 72-1447443
    Description Amount
    Sports Venture Partners II LP GAAP Income over tax 41,231
    Sports Venture Partners Real Estate LP GAAP Income over tax 19,357


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    Hyslop Shannon Foundation CO James R Morton
    EIN: 72-1447443
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Mesirow Investment Fees 14,950 14,950   0


    TY 2013 TaxesSchedule
    Name:
    Hyslop Shannon Foundation CO James R Morton
    EIN: 72-1447443
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Excise Tax 1,791 0   0