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
DEGROOTE G R & E SCHOLARSHIP TRUST
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 75000   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DETROIT, MI482757874
A Employer identification number

37-6390934
B Telephone number (see instructions)

(612) 217-6901
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$3,576,125J 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...... 76,700 76,700  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 219,101
b Gross sales price for all assets on line 6a 828,501
7 Capital gain net income (from Part IV, line 2)... 219,101
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)....... 439    
12 Total. Add lines 1 through 11........ 296,240 295,801  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 45,105 40,594   4,510
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).......        
c Other professional fees (attach schedule).... 35,862 35,862   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 7,948 358   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)....... 24 24    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 88,939 76,838 0 4,510
25 Contributions, gifts, grants paid........ 171,183 171,183
26 Total expenses and disbursements. Add lines 24 and 25 260,122 76,838 0 175,693
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 36,118
b Net investment income (if negative, enter -0-) 218,963
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.......... 21,306 37,215 37,215
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)   Click to see attachment266,976 266,235
b Investments—corporate stock (attach schedule)........   Click to see attachment1,438,504 2,519,120
c Investments—corporate bonds (attach schedule)........   Click to see attachment750,186 753,555
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 2,369,195   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) 2,390,501 2,492,881 3,576,125
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......... 2,390,501 2,492,881
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)...... 2,390,501 2,492,881
31 Total liabilities and net assets/fund balances (see instructions).. 2,390,501 2,492,881
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 2,390,501
2 Enter amount from Part I, line 27a..................... 2 36,118
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 66,262
4 Add lines 1, 2, and 3.......................... 4 2,492,881
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 2,492,881
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. AUTODESK INC (DEL)   2012-08-28 2014-01-02
b 17. BLACKROCK INC   2010-05-21 2014-01-02
c 5. GOOGLE INC CL A   2008-09-22 2014-01-02
d 82. PALL CORPORATION   2003-08-21 2014-01-02
e 87. PEPSICO INC   2011-11-17 2014-01-02
41. SCHLUMBERGER LTD   2011-11-08 2014-01-02
57. SEMPRA ENERGY   2012-06-01 2014-01-02
75. UNITEDHEALTH GROUP INC   2012-07-10 2014-01-02
26. VISA INC CL A   2010-06-10 2014-01-02
70. ANHEUSER BUSCH INBEV SA/NV ADR   2012-06-01 2014-01-13
44. EXPRESS SCRIPTS HLDG CO   2012-02-03 2014-01-22
32. EXPRESS SCRIPTS HLDG CO   2012-01-04 2014-01-23
32. EXPRESS SCRIPTS HLDG CO   2012-01-04 2014-01-24
62. EXPRESS SCRIPTS HLDG CO   2012-01-04 2014-01-27
235. AT&T INC   2010-08-06 2014-01-29
69. STATE STREET CORP   2009-11-08 2014-01-29
364. JUNIPER NETWORKS INC   2012-05-09 2014-01-31
12. BIOGEN IDEC INC   2003-03-14 2014-02-03
22. BIOGEN IDEC INC   2003-03-14 2014-02-03
20. MARSH & MCLENNAN COS INC   2012-06-01 2014-02-06
.727 VODAFONE GROUP PLC ADR   2013-09-06 2014-02-24
60. JUNIPER NETWORKS INC   2012-05-09 2014-02-25
60. MCDONALDS CORP   2012-06-01 2014-02-26
.282 VERIZON COMMUNICATIONS   2012-06-01 2014-02-27
17. RIVERBED TECHNOLOGY INC COM   2013-08-07 2014-03-04
9000. CATERPILLAR FINL SVCS CORP 1.625% 06/01/   2013-09-13 2014-03-05
21000. CATERPILLAR FINL SVCS CORP 1.625% 06/01/   2013-02-07 2014-03-05
59. RIVERBED TECHNOLOGY INC COM   2013-08-07 2014-03-06
14. BED BATH & BEYOND INC   2005-01-12 2014-03-07
48. RIVERBED TECHNOLOGY INC COM   2013-08-07 2014-03-07
14. BED BATH & BEYOND INC   2005-01-12 2014-03-11
14. BED BATH & BEYOND INC   2005-01-12 2014-03-12
14. BED BATH & BEYOND INC   2005-01-12 2014-03-13
15. BED BATH & BEYOND INC   2005-01-12 2014-03-14
9. BED BATH & BEYOND INC   2005-01-12 2014-03-17
36. RIVERBED TECHNOLOGY INC COM   2013-08-07 2014-03-17
14. BED BATH & BEYOND INC   2005-01-12 2014-03-18
48. RIVERBED TECHNOLOGY INC COM   2013-08-07 2014-03-18
98. RIVERBED TECHNOLOGY INC COM   2013-08-07 2014-03-19
30. BED BATH & BEYOND INC   2005-01-12 2014-03-21
11. IBM CORP   2012-06-01 2014-03-26
38. THERMO ELECTRON CORP   2010-08-27 2014-03-27
56. PEPSICO INC   2002-07-12 2014-04-23
30. PEPSICO INC   2002-07-12 2014-04-24
56.282 VERIZON COMMUNICATIONS   2014-02-26 2014-04-24
174.718 VERIZON COMMUNICATIONS   2012-06-01 2014-04-24
51. CATERPILLAR INC   2013-04-22 2014-04-25
111. NETAPP INC   2013-05-28 2014-04-28
43000. FEDERAL NATL MTG ASSN 2.625% 11/20/2014   2013-03-20 2014-05-01
13000. FEDERAL NATL MTG ASSN 2.625% 11/20/2014   2013-08-09 2014-05-01
26000. UNITED STATES TREASURY 2.5% 08/15/2023   2013-11-21 2014-05-06
28. PEPSICO INC   2002-07-12 2014-05-07
197. FOREST LABS INC   2010-05-11 2014-05-13
119. SANDISK CORP   2003-04-21 2014-05-13
19. KIMBERLY CLARK CORP   2012-06-01 2014-05-15
44. MOTOROLA SOLUTIONS INC.   2012-06-01 2014-05-15
28. PEPSICO INC   2002-07-12 2014-05-15
15. SCHLUMBERGER LTD   2011-11-08 2014-05-15
55. TIME WARNER INC   2012-04-17 2014-05-15
27. PEPSICO INC   2002-07-12 2014-05-19
26. PEPSICO INC   2002-07-12 2014-05-20
29. PEPSICO INC   2002-07-12 2014-05-21
9. IBM CORP   2012-06-01 2014-05-23
16. SEMPRA ENERGY   2012-06-01 2014-05-23
.25 NOW INC   2003-05-05 2014-05-30
10. BROADCOM CORP   2011-10-04 2014-06-03
198. BROADCOM CORP   2011-12-09 2014-06-03
45. NETAPP INC   2011-02-25 2014-06-03
90. BROADCOM CORP   2006-07-14 2014-06-09
40. NETAPP INC   2011-02-25 2014-06-09
28. BROADCOM CORP   2006-07-14 2014-06-11
62. BROADCOM CORP   2006-07-14 2014-06-11
45. NETAPP INC   2011-02-24 2014-06-13
.375 TIME INC NEW   2012-04-17 2014-06-13
65. BROADCOM CORP   2006-07-14 2014-06-16
28000. FEDERAL HOME LN MTG CORP 2.875% 02/09/20   2012-11-08 2014-06-17
8000. FEDERAL HOME LN MTG CORP 2.875% 02/09/20   2014-03-27 2014-06-17
45. BROADCOM CORP   2007-12-05 2014-06-18
25. CONOCOPHILLIPS   2012-06-01 2014-06-18
74. DIRECTV   2003-03-14 2014-06-18
52. NETAPP INC   2011-03-16 2014-06-18
34. COVIDIEN PLC   2004-05-17 2014-06-18
126. TE CONNECTIVITY LTD   2007-12-05 2014-06-18
40. BROADCOM CORP   2007-12-05 2014-06-19
40. NETAPP INC   2011-03-16 2014-06-19
330. WEATHERFORD INTERNATIONAL PL   2013-05-03 2014-06-19
45. BROADCOM CORP   2007-12-05 2014-06-20
45. BROADCOM CORP   2007-12-05 2014-06-23
20. BROADCOM CORP   2013-08-08 2014-06-23
54. NETAPP INC   2013-05-28 2014-06-23
110. CONOCOPHILLIPS   2012-06-01 2014-06-26
53. NETAPP INC   2013-05-28 2014-06-30
341. FOREST LABS INC   2009-07-30 2014-07-01
81. NETAPP INC   2012-06-15 2014-07-01
.424 ACTAVIS PLC   2009-07-30 2014-07-01
55. CELGENE CORP   2011-01-28 2014-07-09
70. COMCAST CORP SPECIAL CL A   2003-03-14 2014-07-09
38. WALT DISNEY CO   2003-03-14 2014-07-09
77. SCHWAB CHARLES CORP NEW   2009-02-19 2014-07-09
39. TIME INC NEW   2012-06-01 2014-07-09
210. NOBLE CORP PLC   2012-06-01 2014-07-21
32. AIR PRODUCTS & CHEMICAL INC   2012-06-01 2014-07-22
17. AMAZON COM INC   2012-06-01 2014-07-22
60. CAMERON INTL CORP   2013-04-25 2014-07-22
58. HOME DEPOT INC   2012-06-01 2014-07-22
120. MICROSOFT CORP   2003-03-14 2014-07-22
142. TWENTY-FIRST CENTY FOX INC   2004-05-17 2014-07-22
60. UNITEDHEALTH GROUP INC   2013-04-18 2014-07-22
65. SEAGATE TECHNOLOGY   2011-08-16 2014-07-22
72000. FEDERAL HOME LN MTG CORP 4.375% 07/17/20   2012-03-16 2014-07-29
21000. FEDERAL HOME LN MTG CORP 4.375% 07/17/20   2014-03-20 2014-07-29
20. CAMERON INTL CORP   2011-11-08 2014-07-30
315. PFIZER INC   2011-11-17 2014-07-31
42. CATERPILLAR INC   2013-05-17 2014-08-01
34. CATERPILLAR INC   2013-05-17 2014-08-04
38. CATERPILLAR INC   2013-04-22 2014-08-06
75. HOME DEPOT INC   2012-06-01 2014-08-08
28000. UNITED STATES TREASURY 1.375% 11/30/201   2013-11-06 2014-09-15
37. APPLE COMPUTER INC   2013-01-30 2014-09-16
40. JUNIPER NETWORKS INC   2008-11-07 2014-09-16
40. JUNIPER NETWORKS INC   2008-10-24 2014-09-17
5. CHECK POINT SOFTWARE TECH   2013-08-07 2014-09-17
36. CHECK POINT SOFTWARE TECH   2013-08-07 2014-09-23
25. AIR PRODUCTS & CHEMICAL INC   2012-06-01 2014-09-25
25. CHECK POINT SOFTWARE TECH   2013-08-07 2014-09-29
45. CHECK POINT SOFTWARE TECH   2013-06-21 2014-10-01
35. CELGENE CORP   2011-01-28 2014-10-09
12. IBM CORP   2012-06-01 2014-10-09
46. JOHNSON & JOHNSON   2010-12-14 2014-10-09
30. AMGEN INC   2007-08-31 2014-10-17
150. JUNIPER NETWORKS INC   2009-02-19 2014-10-21
.796 LIBERTY MEDIA HLDG CORP   2009-01-28 2014-10-21
137. JUNIPER NETWORKS INC   2009-02-19 2014-10-22
148. JUNIPER NETWORKS INC   2009-02-19 2014-10-23
46. AMGEN INC   2007-08-31 2014-11-03
1. AMGEN INC   2007-08-31 2014-11-04
26. AMGEN INC   2007-08-31 2014-11-04
3. AMGEN INC   2014-05-23 2014-11-04
17. HALYARD HEALTH INC   2012-06-01 2014-11-07
61. AKAMAI TECHNOLOGIES   2012-05-17 2014-11-24
38. APPLE COMPUTER INC   2013-01-30 2014-11-24
49. BRISTOL MYERS SQUIBB CO   2013-09-20 2014-11-24
61. CME GROUP INC   2011-03-01 2014-11-24
2. CVS CORPORATION (DEL)   2012-06-01 2014-11-24
85. CVS CORPORATION (DEL)   2012-06-01 2014-11-24
47. CELGENE CORP   2008-12-03 2014-11-24
82. DISH NETWORK CORP A   2013-10-02 2014-11-24
56. HOME DEPOT INC   2012-06-01 2014-11-24
101. ISIS PHARMACEUTICALS   2013-08-12 2014-11-24
109. J P MORGAN CHASE & CO   2012-09-11 2014-11-24
72. TARGET CORP   2010-12-09 2014-11-24
105. TEXAS INSTRS INC   2003-03-14 2014-11-24
120. US BANCORP   2012-06-01 2014-11-24
40. UNITED PARCEL SERVICE CL B   2011-03-30 2014-11-24
89. UNITEDHEALTH GROUP INC   2013-10-21 2014-11-24
57. VERTEX PHARMACEUTICALS INC   2013-10-09 2014-11-24
144. ZOETIS INC   2013-10-30 2014-11-24
43. COVIDIEN PLC   2004-05-17 2014-11-24
220. LOEWS CORP   2012-06-01 2014-12-11
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 4,893   2,507 2,386
b 5,283   2,793 2,490
c 5,546   2,210 3,336
d 6,890   1,990 4,900
e 7,127   3,685 3,442
3,641   3,135 506
5,036   3,691 1,345
5,592   3,826 1,766
5,743   1,984 3,759
7,282   4,608 2,674
3,278   2,203 1,075
2,367   1,524 843
2,357   1,524 833
4,536   2,954 1,582
7,562   6,182 1,380
4,687   2,946 1,741
9,733   7,527 2,206
3,641   361 3,280
6,675   662 6,013
891   636 255
30   44 -14
1,629   1,121 508
5,763   5,264 499
13   12 1
371   265 106
9,124   8,950 174
21,289   21,223 66
1,206   921 285
966   565 401
974   749 225
972   565 407
967   565 402
964   565 399
1,032   605 427
613   363 250
711   562 149
956   565 391
957   749 208
1,937   1,529 408
2,043   1,211 832
2,131   2,107 24
4,463   1,635 2,828
4,777   2,358 2,419
2,562   1,263 1,299
2,602   2,629 -27
8,076   7,220 856
5,279   4,071 1,208
3,804   4,176 -372
43,598   44,689 -1,091
13,181   13,400 -219
25,898   25,366 532
2,429   1,179 1,250
18,343   5,278 13,065
10,842   1,383 9,459
2,102   1,497 605
2,922   2,083 839
2,414   1,179 1,235
1,480   1,147 333
3,772   2,003 1,769
2,318   1,137 1,181
2,231   1,095 1,136
2,490   1,221 1,269
1,669   1,724 -55
1,587   1,036 551
8   3 5
353   322 31
6,998   6,124 874
1,644   2,359 -715
3,401   2,495 906
1,420   2,066 -646
1,061   776 285
2,350   1,719 631
1,599   2,283 -684
8   4 4
2,495   1,802 693
28,494   29,589 -1,095
8,141   8,282 -141
1,723   1,226 497
2,090   1,286 804
6,243   776 5,467
1,878   2,487 -609
3,069   1,209 1,860
7,786   4,547 3,239
1,519   1,090 429
1,440   1,880 -440
7,484   4,486 2,998
1,710   1,226 484
1,705   1,226 479
758   529 229
1,912   2,107 -195
9,341   5,657 3,684
1,936   1,845 91
16,853   8,100 8,753
2,957   2,481 476
94   33 61
4,677   1,441 3,236
3,757   1,272 2,485
3,284   609 2,675
2,076   1,001 1,075
954   438 516
6,815   6,450 365
4,167   2,500 1,667
6,133   552 5,581
4,149   3,439 710
4,675   2,848 1,827
5,360   2,938 2,422
4,642   4,281 361
5,192   3,564 1,628
3,866   791 3,075
74,887   80,438 -5,551
21,842   22,539 -697
1,461   1,047 414
9,143   6,149 2,994
4,205   3,682 523
3,434   2,808 626
3,839   3,034 805
6,126   3,683 2,443
28,392   28,610 -218
3,681   2,431 1,250
904   675 229
913   673 240
351   289 62
2,505   2,084 421
3,346   1,953 1,393
1,725   1,430 295
3,069   2,207 862
3,260   904 2,356
2,261   2,298 -37
4,736   2,761 1,975
3,972   1,504 2,468
3,004   2,352 652
23   3 20
2,731   2,044 687
2,982   2,208 774
7,401   2,306 5,095
160   50 110
4,167   1,303 2,864
481   343 138
646   445 201
3,910   1,695 2,215
4,506   2,497 2,009
2,884   2,299 585
5,073   3,756 1,317
182   90 92
7,722   3,810 3,912
5,207   1,203 4,004
6,198   3,443 2,755
5,504   1,367 4,137
5,284   1,009 4,275
6,645   4,013 2,632
5,152   4,269 883
5,543   1,824 3,719
5,319   3,633 1,686
4,292   2,988 1,304
8,626   6,048 2,578
6,470   2,225 4,245
6,433   4,628 1,805
4,269   1,529 2,740
8,895   8,465 430
      276
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       2,386
b       2,490
c       3,336
d       4,900
e       3,442
      506
      1,345
      1,766
      3,759
      2,674
      1,075
      843
      833
      1,582
      1,380
      1,741
      2,206
      3,280
      6,013
      255
      -14
      508
      499
      1
      106
      174
      66
      285
      401
      225
      407
      402
      399
      427
      250
      149
      391
      208
      408
      832
      24
      2,828
      2,419
      1,299
      -27
      856
      1,208
      -372
      -1,091
      -219
      532
      1,250
      13,065
      9,459
      605
      839
      1,235
      333
      1,769
      1,181
      1,136
      1,269
      -55
      551
      5
      31
      874
      -715
      906
      -646
      285
      631
      -684
      4
      693
      -1,095
      -141
      497
      804
      5,467
      -609
      1,860
      3,239
      429
      -440
      2,998
      484
      479
      229
      -195
      3,684
      91
      8,753
      476
      61
      3,236
      2,485
      2,675
      1,075
      516
      365
      1,667
      5,581
      710
      1,827
      2,422
      361
      1,628
      3,075
      -5,551
      -697
      414
      2,994
      523
      626
      805
      2,443
      -218
      1,250
      229
      240
      62
      421
      1,393
      295
      862
      2,356
      -37
      1,975
      2,468
      652
      20
      687
      774
      5,095
      110
      2,864
      138
      201
      2,215
      2,009
      585
      1,317
      92
      3,912
      4,004
      2,755
      4,137
      4,275
      2,632
      883
      3,719
      1,686
      1,304
      2,578
      4,245
      1,805
      2,740
      430
       
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 2 219,101
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 149,281 3,234,980 0.046146
2012 120,164 2,865,343 0.041937
2011 149,776 2,777,996 0.053915
2010 141,452 2,664,217 0.053093
2009 134,065 2,441,262 0.054916
2 Total of line 1, column (d) ...................... 2 0.250007
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 0.050001
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 3,531,923
5 Multiply line 4 by line 3....................... 5 176,600
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 2,190
7 Add lines 5 and 6......................... 7 178,790
8 Enter qualifying distributions from Part XII, line 4.............. 8 175,693
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 4,379
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 4,379
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 4,379
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 3,904
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 3,904
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 9 475
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 2015 estimated taxBullet0 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see 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)
    bulletFL
    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
     
     
    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 ofbulletCOMERICA BANK Telephone no.bullet (877) 405-1091
    Located atbullet101 NORTH MAIN STREETANN ARBORMI ZIP+4bullet48104
    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
    VINCENT VANACEK CO TRUSTEE
    10     		25,002    
    2 OTTAWA AVENUE
    CENTERPORT,NY11721
    COMERICA BANK TRUST NA TRUSTEE
    1     		20,103    
    PO BOX 75000
    DETROIT,MI482757874
    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
    3,524,695
    b
    Average of monthly cash balances.......................
    1b
    61,014
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,585,709
    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
    3,585,709
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    53,786
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,531,923
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    176,596
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    176,596
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    4,379
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,379
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    172,217
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    172,217
    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
    172,217
    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
    175,693
    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
    175,693
    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
    175,693
    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 7 172,217
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 105,673
    b Total for prior years:2012, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 0
    b From 2010....... 0
    c From 2011....... 0
    d From 2012....... 0
    e From 2013....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 175,693
    a Applied to 2013, but not more than line 2a 105,673
    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..... 70,020
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014. 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 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 ..........     		102,197
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2010.... 0
    b Excess from 2011.... 0
    c Excess from 2012.... 0
    d Excess from 2013.... 0
    e Excess from 2014.... 0
    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).)
    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
    SAINT LEO UNIVERSITY INC
    PO BOX 6665
    ST LEO,FL335746665     		NONE EXEMPT SCHOLARSHIPS 171,183
    Total .................................bullet 3a 171,183
    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 76,700  
    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 .............     		    18 219,101  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aOTHER REVENUE     14 439  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   296,240  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13296,240
    (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 InvestmentsCorpBondsSchedule
    Name:
    DEGROOTE G R & E SCHOLARSHIP TRUST
    EIN: 37-6390934
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICAN EXPRESS CR 1.3% 25,134 25,109
    APPLE INC 1% 26,674 26,599
    CVS/CAREMARK CORP 5.75% 27,426 26,488
    COMCAST CORP 5.15% 23,857 26,048
    ENTERPRISE PRODS 4.05% 20,699 20,752
    FED NATL MTG ASSN 5.25% 70,143 67,896
    FED HOME LN MTG CORP 3.75% 64,558 64,213
    FED HOME LN MTG CORP 2.5% 81,884 81,233
    FED HOME LN MTG CORP 2.375% 75,435 75,772
    FED HOME LN MTG CORP 1.25% 57,634 57,422
    GENERAL ELEC CAP CORP 5.3% 24,652 27,408
    GILEAD SCIENCES INC 3.7% 26,143 27,270
    GOLDMAN SACHS 1.4546% 26,281 26,305
    HSBC HOLDING PLC 4% 25,390 25,584
    JPMORGAN CHASE & CO 4.4% 22,848 24,932
    KRAFT FOODS INC 4.125% 24,167 23,854
    MERRILL LYNCH 6.4% 25,606 25,626
    PETROBAS INTL FIN CO 3.5% 26,235 24,838
    RIO TINTO FIN USA 1.625% 24,797 25,006
    TIME WARNER INC 4.75% 24,445 25,102
    WELLS FARGO COMPANY 3.5% 26,178 26,098

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    DEGROOTE G R & E SCHOLARSHIP TRUST
    EIN: 37-6390934
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ADT CORP 6,864 9,058
    AMC NETWORKS INC 664 5,548
    AIR PRODUCTS & CHEMICAL 5,312 9,808
    AKAMAI TECHNOLOGIES 6,251 23,547
    ALTRIA GROUP INC 10,095 15,520
    AMAZON COM INC 10,422 29,483
    AMERICAN EXPRESS CO 13,808 23,353
    AMERICAN TOWER REIT 5,608 8,007
    AMGEN INC 12,995 18,159
    ANADARKO PETE 14,997 30,525
    ANHEUSER BUSCH INBEV 16,950 32,011
    ANTHEM INC 9,906 18,599
    APPLE INC 10,007 20,310
    AUTODESK INC 2,757 22,523
    BANK NEW YORK MELLON 5,718 11,968
    BIOGEN IDEC INC 13,250 64,496
    BLACKROCK INC 9,599 26,459
    BRISTOL MYERS SQUIBB 14,781 17,768
    BROADCOM CORP 13,391 22,098
    CME GROUP INC 8,467 12,766
    CVS/CAREMARK CORP 24,560 69,728
    CABLEVISION SYS CORP 4,221 14,242
    CAMERON INTL CORP 14,745 14,985
    CAPITAL ONE FINL CORP 7,742 12,795
    CELGENE CORP 7,675 29,419
    CHEVRON CORPORATION 16,194 20,865
    CITIGROUP INC 14,678 15,962
    CITRIX SYS INC 30,187 30,624
    COCA COLA CO 10,364 21,448
    COMCAST CORP 23,006 77,137
    CREE INC 13,085 13,210
    CROWN HOLDINGS INC 12,310 17,561
    DISNEY WALT CO 4,491 26,373
    DISH NETWORK CORP 12,345 32,655
    DIRECTV 1,584 13,092
    DOLBY LABORATORIES INC 5,037 7,115
    EMC CORP 28,981 34,201
    EBAY INC 11,568 28,060
    EXXON MOBIL CORPORATION 25,316 20,154
    FMC TECHNOLOGIES INC 13,575 11,944
    FACEBOOK INC 5,799 18,725
    FIDELITY INST GOVERNMENT 22,913 22,913
    FLUOR CORP 8,352 15,158
    FREEPORT-MCMORAN COPPER 3,378 5,116
    GENERAL ELECTRIC CO 28,869 40,053
    GOOGLE INC CL A 6,039 17,512
    GOOGLE INC CL C 6,024 17,371
    GRAINGER WW INC 19,569 19,881
    HALLIBURTON CO 50,916 15,535
    HOME DEPOT INC 9,869 45,032
    HONEYWELL INTERNATIONAL 13,848 25,480
    ILLINOIS TOOL WORKS INC 11,571 19,887
    IMMUNOGEN INC 3,096 2,440
    IBM CORP 9,193 7,701
    ISIS PHARMACEUTICALS 1,138 7,718
    JPMORGAN CHASE & CO 13,165 32,291
    JOHNSON & JOHNSON 19,190 39,737
    KIMBERLY CLARK CORP 10,270 15,713
    L-3 COMMUNICATIONS HLDGS 8,311 23,980
    LIBERTY BROADBAND CORP-A 26 801
    LIBERTY BROADBAND 12/31/15   105
    LIBERTY BROADBAND CORP-C 52 1,594
    LIBERTY MEDIA HLDG CORP INTER 1,293 14,857
    LIBERTY MEDIA HLDG CORP 226 2,678
    LIBERTY MEDIA CORP 80 2,257
    LIBERTY MEDIA CORP C 152 4,484
    LINKEDIN CORP 7,619 10,107
    MARSH & MCLENNAN COS 9,069 16,313
    MARTIN MARIETTA MATERIALS 10,204 9,818
    MERCK & CO INC 12,319 20,160
    METLIFE INC 8,814 11,629
    MICROSOFT CORP 16,487 31,586
    MONSANTO CO 11,138 20,907
    MOTOROLA SOLUTIONS INC 11,317 14,892
    NASDAQ STOCK MARKET INC 5,941 12,853
    NATIONAL OILWELL VARCO INC 20,844 24,901
    NIKE INC 5,475 12,884
    NOVARTIS A G ADR 6,214 11,119
    NOW INC 6,187 6,124
    NUANCE COMMUNICATIONS 19,392 16,981
    NUCOR CORP 11,130 13,489
    PALL CORPORATION 5,290 22,064
    PHILIP MORRIS INTL 21,715 21,177
    PRECISION CASTPARTS 16,949 17,343
    PROGRESSIVE CORP 4,938 6,208
    QUALCOMM INC 10,384 15,015
    RED HAT INC 13,975 19,359
    REGENERON PHARMACEUTICALS 7,200 9,846
    ROYAL DUTCH SHELL PLC 10,521 10,377
    SANDISK CORP 2,394 20,184
    SCHLUMBERGER LTD 20,168 26,050
    SCHWAB CHARLES CORP 6,869 16,303
    SEMPRA ENERGY 9,843 16,927
    STARZ 84 4,455
    STATE STREET CORP 10,024 19,311
    SUNCOR ENERGY INC 7,666 8,581
    SYNCHRONY FINL 8,969 11,603
    TARGET CORP 30,702 40,460
    TEVA PHARMACEUTICAL INDS 8,919 12,365
    TEXAS INSTRS INC 4,777 14,703
    THERMO FISHER SCIENTIFIC 5,874 19,796
    TIME WARNER INC 13,754 30,324
    TIME WARNER CABLE INC 12,644 25,850
    TOWERS WATSON & CO 16,788 17,655
    TRAVELERS COS INC 15,735 16,407
    TWENTY-FIRST CENTY FOX INC 11,918 13,634
    TWENTY-FIRST CENTY FOX INC 16,583 20,290
    US BANCORP 15,894 23,599
    UNITED PARCEL SERVICE 11,364 17,343
    UNITED TECHNOLOGIES CORP 13,394 18,975
    UNITEDHEALTH GROUP INC 14,134 62,777
    VERIZON COMMUNICATIONS 26,615 26,418
    VERTEX PHARMACEUTICALS 3,010 13,424
    VISA INC CL A 10,063 35,135
    VODAFONE GROUP PLC 6,534 3,964
    WELLS FARGO & CO 17,732 33,221
    XILINX INC 12,922 12,771
    XEROX CORP 7,084 13,583
    YUM! BRANDS INC 14,991 16,173
    ZOETIS INC 9,686 14,028
    ACTAVIS PLC 8,067 29,087
    COVIDIEN PLC 4,588 13,194
    EATON CORP PLC 13,919 18,009
    WEATHERFORD INTERNATIONAL 23,016 23,049
    SEAGATE TECHNOLOGY 5,310 29,260
    PENTAIR PLC 4,024 7,904
    TYCO INTERNATIONAL PLC 10,502 21,930
    TE CONNECTIVITY LTD 21,977 42,631

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    DEGROOTE G R & E SCHOLARSHIP TRUST
    EIN: 37-6390934
    US Government Securities - End of Year Book Value:

    266,976
    US Government Securities - End of Year Fair Market Value:

    266,235
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2014 OtherIncreasesSchedule
    Name:
    DEGROOTE G R & E SCHOLARSHIP TRUST
    EIN: 37-6390934
    Description Amount
       
       


    TY 2014 TaxesSchedule
    Name:
    DEGROOTE G R & E SCHOLARSHIP TRUST
    EIN: 37-6390934
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX PAID 358 358   0
    FED TAX PRIOR YEAR 5,620 0   0
    FED TAX CURR YEAR 1,970 0   0