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.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
CLARA SALTUS TRUST UW XXX-XX-XXXX
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 477   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CONCORD, NH033020477
A Employer identification number

02-6004790
B Telephone number (see instructions)

(603) 229-5810
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$7,663,360J 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
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 162,014 162,014  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 112,493
b Gross sales price for all assets on line 6a 1,625,716
7 Capital gain net income (from Part IV, line 2)... 112,493
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 274,507 274,507  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 68,581 68,581    
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 725 725 0 0
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 43,116 1,464   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 1,510 1,510    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 113,932 72,280 0 0
25 Contributions, gifts, grants paid........ 354,810 354,810
26 Total expenses and disbursements. Add lines 24 and 25 468,742 72,280 0 354,810
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -194,235
b Net investment income (if negative, enter -0-) 202,227
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
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.......... 61,456 180,418 180,418
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 1,669,997 Click to see attachment1,621,400 1,604,753
b Investments—corporate stock (attach schedule)........ 3,858,833 Click to see attachment3,574,115 4,398,894
c Investments—corporate bonds (attach schedule)........ 1,471,132 Click to see attachment1,491,251 1,479,295
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,061,418 6,867,184 7,663,360
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 7,061,418 6,867,184
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)...... 7,061,418 6,867,184
31 Total liabilities and net assets/fund balances (see instructions).. 7,061,418 6,867,184
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 7,061,418
2 Enter amount from Part I, line 27a..................... 2 -194,235
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 1
4 Add lines 1, 2, and 3.......................... 4 6,867,184
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 6,867,184
Form 990-PF (2014)
Form 990-PF (2014)
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 100. ABBOTT LABS CO   2013-01-15 2014-01-23
b 80. ABBVIE INC   2013-12-05 2014-01-23
c 70. AETNA U S HEALTHCARE INC   2013-12-05 2014-01-23
d 90. AGILENT TECHNOLOGIES INC COM   2013-12-05 2014-01-23
e 335.193 INVESCO INTERNATIONAL GROWTH FUND INSTITUTIONAL CLASS   2010-11-22 2014-01-23
30. AMERICAN EXPRESS CO   2009-01-12 2014-01-23
80. AMERICAN INTL GROUP INC COM NEW   2013-12-05 2014-01-23
30. AMERIPRISE FINANCIAL INC   2013-12-05 2014-01-23
10. APPLE COMPUTER, INC   2013-12-05 2014-01-23
200. APPLIED MATERIALS   2013-12-05 2014-01-23
20. BLACKROCK INC CL A   2013-12-05 2014-01-23
60. BOEING CO   2013-12-05 2014-01-23
188.605 BUFFALO SMALL CAP FD #1444   2013-06-14 2014-01-23
80. CIT GROUP INC COM NEW   2013-12-05 2014-01-23
60. CME GROUP INC   2013-12-05 2014-01-23
70. CVS CORP   2013-12-05 2014-01-23
50. CAMERON INTERNATIONAL CORP   2013-12-05 2014-01-23
50. CAPITAL ONE FINANCIAL CORP   2013-12-05 2014-01-23
120. CENTURYTEL INC COM   2013-12-05 2014-01-23
80. CITIGROUP INC.   2013-12-05 2014-01-23
50. COLGATE PALMOLIVE CO   2000-07-13 2014-01-23
80. COMCAST CORP SPECIAL CL A   2013-12-05 2014-01-23
70. DANAHER CORP   2013-12-05 2014-01-23
60. DAVITA INC   2013-12-05 2014-01-23
40. DEVON ENERGY CORPORATIOIN NE COM   2013-12-05 2014-01-23
60. E I DUPONT DE NEMOURS INC   2013-12-05 2014-01-23
70. ELECTRONIC ARTS COM   2013-12-05 2014-01-23
60. EXXON MOBIL CORP COM   2009-12-16 2014-01-23
80. FIDELITY NATL INFORMATION SV   2013-12-05 2014-01-23
60. GENERAL MTRS CO COM   2013-12-05 2014-01-23
20. GENUINE PARTS CO   2013-12-05 2014-01-23
48.793 HARBOR INTERNATIONAL FUND   2010-11-22 2014-01-23
270.388 HARTFORD MUT FDS INC MIDCAP FD CL Y FD# 229   2013-06-17 2014-01-23
240. INTL GAME TECHNOLOGY   2013-12-05 2014-01-23
80. INTERNATIONAL PAPER CO   2013-12-05 2014-01-23
70. KOHL'S CORP   2013-12-05 2014-01-23
90. MARSH & MCLENNAN CORP   2013-12-05 2014-01-23
20. MCDONALDS CORP   2014-01-10 2014-01-23
200. MICROSOFT CORPORATION   2013-12-05 2014-01-23
60. NATIONAL-OILWELL INC   2013-12-05 2014-01-23
80. NORTHEAST UTILITIES CORP   2013-12-05 2014-01-23
40. OCCIDENTAL PETROLEUM CO   2013-12-05 2014-01-23
150. ORACLE CORPORATION   2013-12-05 2014-01-23
40. PEPSICO INCORPORATED   2008-12-04 2014-01-23
40. PRAXAIR INCORPORATED COMMON   2013-12-05 2014-01-23
40. ROCKWELL COLLINS INC COM   2013-12-05 2014-01-23
20. SMUCKER J M CO NEW   2013-12-05 2014-01-23
170. STAPLES INC   2013-12-05 2014-01-23
80. TJX COMPANIES INC.   2013-12-05 2014-01-23
110. TEXAS INSTRUMENTS   2013-12-05 2014-01-23
40. THERMO ELECTRON CORPORATION   2013-12-05 2014-01-23
80. TIME WARNER INC   2013-12-05 2014-01-23
20. UNITED TECHNOLOGIES   2001-03-21 2014-01-23
60. UNITEDHEALTH GROUP INC COM   2008-12-04 2014-01-23
20. VISA INC. - CL A   2013-12-05 2014-01-23
80. WISCONSIN ENERGY CORP   2013-12-05 2014-01-23
40. DELPHI AUTOMOTIVE PLC   2013-12-05 2014-01-23
60. INGERSOLL-RAND PLC SHS   2013-12-05 2014-01-23
50. SEAGATE TECHNOLOGY PLC SHS   2013-12-05 2014-01-23
30. CHECK POINT SOFTWARE TECHNOLOGIES LTD   2013-12-05 2014-01-23
490. THERMO ELECTRON CORPORATION   2013-12-05 2014-02-04
4328.999 FIDELITY SPARTAN HIGH INCOME   2013-07-29 2014-02-19
370. COMCAST CORP SPECIAL CL A   2013-12-05 2014-02-20
190. DAVITA INC   2013-12-05 2014-02-20
160. DAVITA INC   2013-12-05 2014-02-24
160000. U S TREAS. BONDS 4.25% 11/15/2014 DTD 11/15/2004   2012-09-05 2014-03-14
750. GENERAL MTRS CO COM   2013-12-05 2014-04-11
650. INTL GAME TECHNOLOGY   2013-12-05 2014-04-23
890. INTL GAME TECHNOLOGY   2013-12-05 2014-04-24
20. ABBOTT LABS CO   2013-01-15 2014-04-29
10. ABBVIE INC   2013-12-05 2014-04-29
10. AETNA U S HEALTHCARE INC   2013-12-05 2014-04-29
20. AGILENT TECHNOLOGIES INC COM   2013-12-05 2014-04-29
490.229 INVESCO INTERNATIONAL GROWTH FUND INSTITUTIONAL CLASS   2010-11-22 2014-04-29
10. AMERICAN INTL GROUP INC COM NEW   2013-12-05 2014-04-29
10. AMERIPRISE FINANCIAL INC   2013-12-05 2014-04-29
10. APPLE COMPUTER, INC   2013-12-05 2014-04-29
30. APPLIED MATERIALS   2013-12-05 2014-04-29
10. BOEING CO   2013-12-05 2014-04-29
10. CVS CORP   2013-12-05 2014-04-29
10. CAMERON INTERNATIONAL CORP   2013-12-05 2014-04-29
10. CAPITAL ONE FINANCIAL CORP   2013-12-05 2014-04-29
20. CENTURYTEL INC COM   2013-12-05 2014-04-29
10. DANAHER CORP   2013-12-05 2014-04-29
10. DEVON ENERGY CORPORATIOIN NE COM   2013-12-05 2014-04-29
10. E I DUPONT DE NEMOURS INC   2013-12-05 2014-04-29
10. ECOLAB INC COM   2013-12-05 2014-04-29
10. EXXON MOBIL CORP COM   2009-12-16 2014-04-29
10. FIDELITY NATL INFORMATION SV   2013-12-05 2014-04-29
10. GENUINE PARTS CO   2013-12-05 2014-04-29
205.208 HARBOR INTERNATIONAL FUND   2010-11-22 2014-04-29
41.492 HARTFORD MUT FDS INC MIDCAP FD CL Y FD# 229   2013-06-17 2014-04-29
177.037 PERKINS MID CAP VALUE FUND INSTITUTIONAL CLASS   2013-06-17 2014-04-29
10. KOHL'S CORP   2013-12-05 2014-04-29
20. MARSH & MCLENNAN CORP   2013-12-05 2014-04-29
10. MCDONALDS CORP   2014-01-10 2014-04-29
40. MICROSOFT CORPORATION   2013-12-05 2014-04-29
10. NATIONAL-OILWELL INC   2013-12-05 2014-04-29
10. OCCIDENTAL PETROLEUM CO   2013-12-05 2014-04-29
30. ORACLE CORPORATION   2013-12-05 2014-04-29
10. PEPSICO INCORPORATED   2008-12-04 2014-04-29
10. PRAXAIR INCORPORATED COMMON   2013-12-05 2014-04-29
10. SMUCKER J M CO NEW   2013-12-05 2014-04-29
20. TJX COMPANIES INC.   2013-12-05 2014-04-29
20. TEXAS INSTRUMENTS   2013-12-05 2014-04-29
10. TIME WARNER INC   2013-12-05 2014-04-29
10. UNITEDHEALTH GROUP INC COM   2008-12-04 2014-04-29
10. VISA INC. - CL A   2013-12-05 2014-04-29
20. WISCONSIN ENERGY CORP   2013-12-05 2014-04-29
10. DELPHI AUTOMOTIVE PLC   2013-12-05 2014-04-29
10. INGERSOLL-RAND PLC SHS   2013-12-05 2014-04-29
10. CHECK POINT SOFTWARE TECHNOLOGIES LTD   2013-12-05 2014-04-29
840. INTL GAME TECHNOLOGY   2013-12-05 2014-04-30
660. INTL GAME TECHNOLOGY   2013-12-05 2014-05-06
390. ELECTRONIC ARTS COM   2013-12-05 2014-05-07
550. ELECTRONIC ARTS COM   2013-12-05 2014-05-08
35000. U S TREAS. BONDS 4.25% 11/15/2014 DTD 11/15/2004   2012-09-05 2014-05-20
40000. U S TREAS. BONDS 4.25% 11/15/2014 DTD 11/15/2004   2013-06-13 2014-05-20
30000. U S TREASURY NOTE 1.875% 09/30/2017 DTD 09/30/10   2013-11-13 2014-05-20
45000. U S TREASURY NOTE 1.875% 09/30/2017 DTD 09/30/10   2012-10-31 2014-05-20
192. NOW INC   2013-12-05 2014-06-09
118. TIME INC   2013-12-05 2014-06-16
600. CAPITAL ONE FINANCIAL CORP   2013-12-05 2014-06-18
2030. STAPLES INC   2013-12-05 2014-06-18
.5 NOW INC   2013-12-05 2014-06-19
2523.813 VANGUARD INFLTN PRTCTD SEC FD #5119   2013-06-14 2014-06-26
3424.571 VANGUARD SHORT-TERM FED-ADM #549   2014-02-19 2014-06-26
150. AETNA U S HEALTHCARE INC   2013-12-05 2014-06-30
.75 TIME INC   2013-12-05 2014-07-02
18. VERITIV CORP   2013-12-05 2014-07-10
.927 VERITIV CORP   2013-12-05 2014-07-21
190. DAVITA INC   2013-12-05 2014-07-24
170. EXXON MOBIL CORP COM   2009-12-16 2014-07-25
210. DAVITA INC   2013-12-05 2014-08-01
200. AETNA U S HEALTHCARE INC   2013-12-05 2014-08-12
75000. ONTARIO PROVINCE 2.950% 02/05/2015 DTD 02/05/10   2013-06-14 2014-08-13
270. DELPHI AUTOMOTIVE PLC   2013-12-05 2014-08-27
210. DELPHI AUTOMOTIVE PLC   2013-12-05 2014-08-28
35000. SBC COMMUNICATIONS 5.10% 09/15/2014 DTD 10/27/2004   2010-05-18 2014-09-15
30000. US TREASURY BOND 2.5% 08/15/2023 DTD 08/15/2013   2014-05-20 2014-09-15
100. AETNA U S HEALTHCARE INC   2013-12-05 2014-10-15
140. TIME WARNER INC   2013-12-05 2014-10-16
390. AETNA U S HEALTHCARE INC   2013-12-05 2014-10-28
60000. FED NATL MTG ASSN .375% 03/16/2015 DTD 02/06/2012   2013-06-14 2014-11-10
35000. PFIZER INC NOTES 5.35% 3/15/2015 DTD 03/24/2009   2013-06-17 2014-11-10
580. KEYSIGHT TECHNOLOGIES INC   2013-12-05 2014-11-24
75000. FED HOME LN MTG 4.75% 11/17/2015 DTD 10/21/2005   2013-06-14 2014-12-10
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 3,722   3,328 394
b 3,883   3,980 -97
c 4,919   4,629 290
d 5,376   4,819 557
e 11,266   9,225 2,041
2,670   564 2,106
3,940   3,877 63
3,370   3,183 187
5,450   5,725 -275
3,477   3,348 129
6,370   5,897 473
8,526   7,937 589
7,035   6,271 764
3,938   4,005 -67
4,523   4,686 -163
4,771   4,633 138
2,885   2,779 106
3,578   3,596 -18
3,523   3,697 -174
4,060   4,092 -32
3,178   1,315 1,863
4,102   3,753 349
5,382   5,169 213
3,937   3,421 516
2,405   2,459 -54
3,691   3,604 87
1,658   1,452 206
5,799   4,174 1,625
4,268   4,023 245
2,280   2,340 -60
1,673   1,612 61
3,445   2,900 545
7,844   7,033 811
4,257   4,237 20
3,796   3,682 114
3,593   3,861 -268
4,314   4,247 67
1,913   1,921 -8
7,142   7,529 -387
4,567   4,900 -333
3,451   3,275 176
3,596   3,767 -171
5,722   5,252 470
3,300   2,087 1,213
5,284   4,917 367
3,169   2,891 278
1,966   2,051 -85
2,322   2,631 -309
4,702   5,003 -301
4,837   4,689 148
4,525   4,020 505
5,190   5,259 -69
2,292   711 1,581
4,403   1,186 3,217
4,585   4,050 535
3,326   3,316 10
2,482   2,307 175
3,638   3,350 288
2,989   2,509 480
1,942   1,841 101
55,332   49,249 6,083
40,866   40,303 563
18,522   17,359 1,163
12,455   10,833 1,622
10,894   9,123 1,771
164,381   175,366 -10,985
24,309   29,255 -4,946
8,228   11,474 -3,246
11,205   15,710 -4,505
773   666 107
515   498 17
705   661 44
1,068   1,071 -3
17,109   13,491 3,618
526   485 41
1,096   1,061 35
5,938   5,725 213
570   502 68
1,285   1,323 -38
735   662 73
643   556 87
734   719 15
697   616 81
733   738 -5
705   615 90
671   601 70
1,045   1,034 11
1,016   696 320
527   503 24
862   806 56
14,982   12,198 2,784
1,209   1,079 130
4,198   4,295 -97
554   552 2
987   944 43
1,017   961 56
1,623   1,506 117
782   817 -35
970   942 28
1,204   1,050 154
858   522 336
1,286   1,229 57
968   1,026 -58
1,168   1,251 -83
922   853 69
648   657 -9
752   198 554
2,033   2,025 8
964   829 135
662   577 85
589   558 31
630   614 16
10,370   14,828 -4,458
8,316   11,650 -3,334
12,893   8,090 4,803
18,646   11,409 7,237
35,707   38,035 -2,328
40,808   42,267 -1,459
30,932   31,024 -92
46,397   47,521 -1,124
6,177   6,340 -163
2,723   2,459 264
48,486   43,148 5,338
22,599   31,415 -8,816
16   17 -1
67,411   67,241 170
36,814   36,780 34
12,197   9,920 2,277
17   16 1
655   595 60
35   31 4
13,679   10,833 2,846
17,520   5,101 12,419
14,921   11,974 2,947
15,082   13,226 1,856
75,950   78,504 -2,554
18,781   15,576 3,205
14,547   12,114 2,433
35,000   38,581 -3,581
30,019   30,175 -156
7,278   6,613 665
10,500   8,839 1,661
29,997   25,791 4,206
59,737   59,648 89
35,582   37,795 -2,213
19,041   17,149 1,892
78,110   83,119 -5,009
      75,375
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       394
b       -97
c       290
d       557
e       2,041
      2,106
      63
      187
      -275
      129
      473
      589
      764
      -67
      -163
      138
      106
      -18
      -174
      -32
      1,863
      349
      213
      516
      -54
      87
      206
      1,625
      245
      -60
      61
      545
      811
      20
      114
      -268
      67
      -8
      -387
      -333
      176
      -171
      470
      1,213
      367
      278
      -85
      -309
      -301
      148
      505
      -69
      1,581
      3,217
      535
      10
      175
      288
      480
      101
      6,083
      563
      1,163
      1,622
      1,771
      -10,985
      -4,946
      -3,246
      -4,505
      107
      17
      44
      -3
      3,618
      41
      35
      213
      68
      -38
      73
      87
      15
      81
      -5
      90
      70
      11
      320
      24
      56
      2,784
      130
      -97
      2
      43
      56
      117
      -35
      28
      154
      336
      57
      -58
      -83
      69
      -9
      554
      8
      135
      85
      31
      16
      -4,458
      -3,334
      4,803
      7,237
      -2,328
      -1,459
      -92
      -1,124
      -163
      264
      5,338
      -8,816
      -1
      170
      34
      2,277
      1
      60
      4
      2,846
      12,419
      2,947
      1,856
      -2,554
      3,205
      2,433
      -3,581
      -156
      665
      1,661
      4,206
      89
      -2,213
      1,892
      -5,009
       
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 2 112,493
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 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))
2013 351,706 7,248,152 0.048524
2012 338,529 6,968,551 0.04858
2011 345,974 6,956,950 0.049731
2010 332,990 6,792,735 0.049021
2009 305,965 6,189,157 0.049436
2 Total of line 1, column (d) ...................... 2 0.245292
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 0.049058
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 7,475,832
5 Multiply line 4 by line 3....................... 5 366,749
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 2,022
7 Add lines 5 and 6......................... 7 368,771
8 Enter qualifying distributions from Part XII, line 4.............. 8 354,810
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 (2014)
Form 990-PF (2014)
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 4,045
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 4,045
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 4,045
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 14,554
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 14,554
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 10,509
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet4,048 RefundedBullet 11 6,461
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 Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNH
    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 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletTD Bank NA Telephone no.bullet (603) 229-5810
    Located atbullet143 NORTH MAIN STREETCONCORDNH ZIP+4bullet03301
    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 2014, 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 FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    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 instructions)? ........
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    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 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 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 2014.)....................
    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 2014?
    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 4945(d)(4)(A)? (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 (2014)
    Form 990-PF (2014)
    Page 7
    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
    Charles F Leahy CoTrustee
    1     		6,395    
    PO Box 459
    Portsmouth,NH038020459
    TD Bank NA CoTrustee
    1     		62,186    
    PO Box 477
    Concord,NH033020477
    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 (2014)
    Form 990-PF (2014)
    Page 8
    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 instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    7,431,482
    b
    Average of monthly cash balances.......................
    1b
    158,195
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,589,677
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    7,589,677
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    113,845
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,475,832
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    373,792
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    373,792
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    4,045
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,045
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    369,747
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    369,747
    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
    369,747
    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
    354,810
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    354,810
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    354,810
    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 (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 369,747
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:2012, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 0
    b From 2010....... 6,437
    c From 2011....... 3,862
    d From 2012....... 0
    e From 2013....... 18,404
    fTotal of lines 3a through e......... 28,703
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 354,810
    a Applied to 2013, but not more than line 2a 0
    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 2014 distributable amount..... 354,810
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014. 14,937 14,937
    (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 13,766
    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 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		13,766
    10 Analysis of line 9:
    a Excess from 2010.... 0
    b Excess from 2011.... 0
    c Excess from 2012.... 0
    d Excess from 2013.... 13,766
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    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 2014, 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) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address 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 (2014)
    Form 990-PF (2014)
    Page 11
    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
    THE SISTERS OF ST ANNE BETHANY
    25 HILLSIDE AVENUE
    ARLINGTON,MA024765818     		NONE 501(C)(3) DAILY OPERATIONS 177,405
    CONCORD HOSPITAL
    RICHARD FORD
    C/O ACCOUNTING DEPT
    CONCORD,NH03301     		NONE 501(C)(3) DAILY OPERATIONS 177,405
    Total .................................bullet 3a 354,810
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    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....     14 162,014  
    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 .............     		    18 112,493  
    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)..   274,507  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13274,507
    (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 (2014)
    Form 990-PF (2014)
    Page 13
    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) 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 (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    CLARA SALTUS TRUST UW XXX-XX-XXXX
    EIN: 02-6004790
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 725 725    

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    CLARA SALTUS TRUST UW XXX-XX-XXXX
    EIN: 02-6004790
    Name of Bond End of Year Book Value End of Year Fair Market Value
    35000 AT&T INC 4.45% 35,966 37,604
    60000 ANHEUSER-BUSCH 1.375% 59,879 59,947
    50000 BK OF NOVA SCOTA 1.1% 50,045 50,035
    75000 BERKSHIRE HATHAWAY 5.40% 85,511 83,919
    60000 CATERPILLAR FINL SE 2.05 61,533 61,151
    35000 CISCO SYSTEMS INC 4.95% 38,278 39,117
    75000 COCA COLA CO 1.50% 76,218 75,735
    35000 COMCAST CORP 2.85% 34,933 34,767
    75000 GEN ELEC CAP CORP 81,501 83,254
    20000 GEN ELC CAP CORP 1.625% 20,298 20,126
    75000 JPMORGAN CHASE & CO 6% 86,429 83,913
    80000 ONTARIO PROVINCE OF 1.65 80,091 79,079
    60000 PROVINCE OF QUEBEC 2.75% 60,691 61,219
    35000 TOYOTA MOTOR CREDIT 2.00 35,804 35,635
    30000 US BANCORP 1.95% 30,036 30,091
    75000 WACHOVIA CORP 5.75% 84,723 83,984
    60000 WAL-MART STORES INC 1.50 61,266 60,556
    11974.879 FIDELITY HIGH INCOME 111,486 106,576
    8478.322 TDAM 5 TO 10 YEAR COR 88,394 87,157
    5027.139 TDAM 1 TO 5 CORP BD 50,904 50,472
    5195.669 VANGUARD INFLTN PRTCT 136,801 134,412
    11203.129 VANGUARD SHORT-TERM 120,464 120,546

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    CLARA SALTUS TRUST UW XXX-XX-XXXX
    EIN: 02-6004790
    Name of Stock End of Year Book Value End of Year Fair Market Value
    550 COMCAST CORP SPECIAL CL A 25,803 31,661
    360 GENUINE PARTS CO 29,022 38,365
    570 HOME DEPOT INC 45,577 59,833
    860 KOHLS CORP 47,431 52,494
    250 LAS VEGAS SANDS CORP COM 15,437 14,540
    534 MCDONALDS CORP 36,034 50,036
    980 TJX COMPANIES INC 61,288 67,208
    810 TIME WARNER INC 51,140 69,190
    880 CVS HEALTH CORPORATION 58,247 84,753
    506 COLGATE PALMOLIVE CO 13,308 35,010
    574 PEPSICO INCORPORATED 29,709 54,277
    270 SMUCKER J M CO NEW 27,695 27,265
    252 CALIFORNIA RESOURCES CORPO 2,094 1,389
    590 CAMERON INTERNATIONAL CORP 32,789 29,471
    610 DEVON ENERGY CORPORATION 37,626 37,338
    528 EXXON MOBIL CORP 4,449 48,814
    770 NATIONAL-OILWELL INC 56,529 50,458
    630 OCCIDENTAL PETROLEUM CO 57,962 50,784
    505 AMERICAN EXPRESS CO 19,995 46,985
    1140 AMERICAN INTL GROUP INC 56,055 63,851
    410 AMERIPRISE FINANCIAL INC 43,495 54,223
    270 BLACKROCK INC CL A 79,607 96,541
    1230 CIT GROUP INC COM NEW 60,543 58,831
    870 CME GROUP INC 65,864 77,126
    1140 CITIGROUP INC 58,528 61,685
    990 FIDELITY NATL INFORMATION 49,786 61,578
    1160 MARSH & MCLENNAN CORP 54,733 66,398
    840 METLIFE INC 44,449 45,436
    1380 MORGAN STANLEY 43,360 53,544
    720 NORTHERN TRUST CORP 43,954 48,528
    280 VISA INC - CL A 56,704 73,416
    1270 ABBOTT LABS CO 33,109 57,175
    930 ABBVIE INC 46,271 60,859
    1160 AGILENT TECHNOLOGIES 44,963 47,490
    450 AMERISOURCEBERGEN CORP 30,885 40,572
    780 UNITEDHEALTH GROUP INC 15,413 78,850
    720 INGERSOLL-RAND PLC 40,203 45,641
    710 BOEING CO 93,916 92,286
    900 DANAHER CORP SHS BEN INT 66,453 77,139
    650 ROCKWELL COLLINS INC 48,620 54,912
    424 UNITED TECHNOLOGIES 27,472 48,760
    800 SEAGATE TECHNOLOGY PLC 40,239 53,200
    660 CHECK POINT SOFTWARE TECH 42,234 51,856
    1250 APPLE COMPUTER INC 75,777 137,975
    2450 APPLIED MATERIALS 41,012 61,054
    750 CITRIX SYS INC 43,392 47,850
    2517 MICROSOFT CORPORATION 74,759 116,915
    1870 ORACLE CORPORATION 64,104 84,094
    1350 TEXAS INSTRUMENTS 57,547 72,178
    750 E I DUPONT DE NEMOURS INC 45,048 55,455
    100 ECOLAB INC 10,338 10,452
    990 INTERNATIONAL PAPER CO 44,944 53,044
    470 PRAXAIR INCORPORATED COMMO 57,776 60,893
    1420 CENTURYLINK INC 43,751 56,204
    940 NORTHEAST UTILITIES CORP 38,486 50,309
    1080 WISCONSIN ENERGY CORP 44,767 56,959
    11253.490 INVESCO INTERNATIONA 309,696 367,877
    3702.551 BUFFALO SMALL CAP FD 99,327 117,038
    5400.990 HARBOR INTERNATIONAL 321,035 349,876
    4711.526 HARTFORD MUT FDS INC 111,833 135,928
    5774.905 PERKINS MID CAP VALUE 130,985 115,498
    5666.093 ROYCE SPECIAL EQUITY 120,547 129,527

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    CLARA SALTUS TRUST UW XXX-XX-XXXX
    EIN: 02-6004790
    US Government Securities - End of Year Book Value:

    1,621,400
    US Government Securities - End of Year Fair Market Value:

    1,604,753
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2014 OtherExpensesSchedule
    Name:
    CLARA SALTUS TRUST UW XXX-XX-XXXX
    EIN: 02-6004790
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE/PROBATE FEES 755 755   0
    OTHER NON-ALLOCABLE EXPENSE - 755 755   0


    TY 2014 OtherIncreasesSchedule
    Name:
    CLARA SALTUS TRUST UW XXX-XX-XXXX
    EIN: 02-6004790
    Description Amount
       


    TY 2014 TaxesSchedule
    Name:
    CLARA SALTUS TRUST UW XXX-XX-XXXX
    EIN: 02-6004790
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 437 437   0
    FEDERAL TAX PAYMENT - PRIOR YE 27,098 0   0
    FEDERAL ESTIMATES - PRINCIPAL 14,554 0   0
    FOREIGN TAXES ON QUALIFIED FOR 630 630   0
    FOREIGN TAXES ON NONQUALIFIED 397 397   0