TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information 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
THE LENOX D AND FRANCES W BAKER FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)901 SOUTH BOND STREET Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BALTIMORE, MD21231

A Employer identification number

54-1788401

B Telephone number (see instructions)

(410) 537-5450

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$2,227,534J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

	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)


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	30,195		30,195
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		232,646
b	Gross sales price for all assets on line 6a 606,236
7	Capital gain net income (from Part IV, line 2)...			232,646
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........	262,841		262,841
13	Compensation of officers, directors, trustees, etc.
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)....		7,843	7,843		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		8,567	840		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	Total operating and administrative expenses.
	Add lines 13 through 23..........	16,410		8,683	0	0
25	Contributions, gifts, grants paid........	281,000				281,000
26	Total expenses and disbursements. Add lines 24 and 25	297,410		8,683	0	281,000
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-34,569
b	Net investment income (if negative, enter -0-)			254,158
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	47,790	77,723	77,723
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........	1,476,616	1,412,096	2,149,811
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........			0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,524,406	1,489,819	2,227,534
	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 )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	1,524,406	1,489,819
	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)......	1,524,406	1,489,819
	31	Total liabilities and net assets/fund balances (see instructions)..	1,524,406	1,489,819

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	1,524,406
2	Enter amount from Part I, line 27a.....................	2	-34,569
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	1,489,837
5	Decreases not included in line 2 (itemize)	5	18
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	1,489,819

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	9. ESTEE LAUDER COMPANIES CL A		2013-10-15	2014-01-09
b	11. ESTEE LAUDER COMPANIES CL A		2013-10-15	2014-01-10
c	2. ESTEE LAUDER COMPANIES CL A		2013-10-11	2014-01-13
d	7. ESTEE LAUDER COMPANIES CL A		2013-10-11	2014-01-14
e	8. FLUOR CORP NEW COM		2010-11-23	2014-01-23
	8. FLUOR CORP NEW COM		2010-11-23	2014-01-27
	7. FLUOR CORP NEW COM		2010-11-23	2014-01-28
	4. FLUOR CORP NEW COM		2010-11-23	2014-01-29
	8. FLUOR CORP NEW COM		2010-11-23	2014-01-30
	7. ROPER INDUSTRIES INC NEW		2008-10-16	2014-02-03
	6. APPLE COMPUTER INC.		2008-10-08	2014-02-04
	3. GOOGLE INC CL A		2008-12-03	2014-02-04
	16. ROPER INDUSTRIES INC NEW		2009-04-20	2014-02-04
	3. ROPER INDUSTRIES INC NEW		2009-04-20	2014-02-05
	2. APPLE COMPUTER INC.		2008-10-08	2014-02-06
	5. ROPER INDUSTRIES INC NEW		2009-04-20	2014-02-06
	2. APPLE COMPUTER INC.		2008-10-08	2014-02-07
	6. ROPER INDUSTRIES INC NEW		2009-04-20	2014-02-07
	4. ROPER INDUSTRIES INC NEW		2009-04-20	2014-02-10
	7. ROPER INDUSTRIES INC NEW		2009-04-20	2014-02-11
	7. FOSSIL GROUP INC		2012-05-10	2014-02-12
	3. ROPER INDUSTRIES INC NEW		2009-04-20	2014-02-12
	4. FOSSIL GROUP INC		2012-05-10	2014-02-13
	7. ROPER INDUSTRIES INC NEW		2008-10-24	2014-02-14
	1. FOSSIL GROUP INC		2012-05-10	2014-02-18
	2. ROPER INDUSTRIES INC NEW		2008-10-24	2014-02-18
	3. FOSSIL GROUP INC		2012-05-10	2014-02-24
	2. ROPER INDUSTRIES INC NEW		2008-10-24	2014-02-24
	2. ROPER INDUSTRIES INC NEW		2008-10-24	2014-02-25
	3. ROPER INDUSTRIES INC NEW		2008-10-24	2014-02-26
	6. FLUOR CORP NEW COM		2010-11-23	2014-02-27
	2. ROPER INDUSTRIES INC NEW		2008-10-24	2014-02-27
	9. FLUOR CORP NEW COM		2010-11-23	2014-02-28
	17. ROPER INDUSTRIES INC NEW		2008-10-24	2014-02-28
	3. FLUOR CORP NEW COM		2010-11-22	2014-03-03
	11. FLUOR CORP NEW COM		2010-11-22	2014-03-04
	6. ROPER INDUSTRIES INC NEW		2008-10-24	2014-03-04
	3380.135 BROWN ADVISORY SMALL CAP GROWTH INV		2012-11-05	2014-03-05
	5. ROPER INDUSTRIES INC NEW		2008-10-24	2014-03-05
	8. ROPER INDUSTRIES INC NEW		2008-10-24	2014-03-06
	9. ROPER INDUSTRIES INC NEW		2008-11-21	2014-03-07
	4. ROPER INDUSTRIES INC NEW		2008-11-21	2014-03-11
	42. NETAPP INC		2008-06-30	2014-03-14
	57. NETAPP INC		2008-06-30	2014-03-17
	3. ROPER INDUSTRIES INC NEW		2008-11-21	2014-03-17
	23. NETAPP INC		2008-06-30	2014-03-18
	9. ROPER INDUSTRIES INC NEW		2008-11-21	2014-03-18
	15. NETAPP INC		2008-06-30	2014-03-19
	101. NETAPP INC		2008-10-15	2014-03-20
	2. ROPER INDUSTRIES INC NEW		2008-11-21	2014-03-21
	22. NETAPP INC		2008-10-15	2014-03-24
	1. ROPER INDUSTRIES INC NEW		2008-11-21	2014-03-24
	22. NETAPP INC		2008-10-15	2014-03-25
	1. ROPER INDUSTRIES INC NEW		2008-11-21	2014-03-25
	8. NETAPP INC		2008-10-15	2014-03-26
	8. ROPER INDUSTRIES INC NEW		2008-11-21	2014-03-26
	94. NETAPP INC		2008-10-15	2014-03-27
	10. NETAPP INC		2008-10-15	2014-03-27
	2. ROPER INDUSTRIES INC NEW		2008-11-21	2014-03-27
	7. ROPER INDUSTRIES INC NEW		2008-11-21	2014-03-28
	5. INTUITIVE SURGICAL INC		2013-07-09	2014-04-01
	6. MEAD JOHNSON NUTRITION CO		2013-10-17	2014-04-21
	5. MEAD JOHNSON NUTRITION CO		2013-10-17	2014-04-22
	6. MEAD JOHNSON NUTRITION CO		2013-10-16	2014-04-23
	10. MEAD JOHNSON NUTRITION CO		2014-02-06	2014-04-24
	8. COSTCO WHOLESALE CORPORATION		2013-10-17	2014-05-06
	3. APPLE COMPUTER INC.		2009-01-16	2014-05-07
	9. COSTCO WHOLESALE CORPORATION		2009-06-23	2014-05-07
	4. COSTCO WHOLESALE CORPORATION		2013-10-16	2014-05-07
	6. FLUOR CORP NEW COM		2010-11-22	2014-05-12
	8. SCHLUMBERGER LTD.		2013-10-16	2014-05-12
	8. FLUOR CORP NEW COM		2010-11-22	2014-05-13
	3. FLUOR CORP NEW COM		2010-11-22	2014-05-14
	4. FLUOR CORP NEW COM		2010-11-22	2014-05-15
	4. FLUOR CORP NEW COM		2010-11-22	2014-05-16
	3. FLUOR CORP NEW COM		2010-11-22	2014-05-19
	1. FLUOR CORP NEW COM		2010-11-22	2014-05-22
	6. FLUOR CORP NEW COM		2010-11-22	2014-05-23
	4. SCHLUMBERGER LTD.		2013-10-16	2014-05-27
	2. SCHLUMBERGER LTD.		2003-01-28	2014-05-30
	3. SCHLUMBERGER LTD.		2013-10-16	2014-05-30
	6. VISA INC		2013-10-11	2014-06-13
	4. VISA INC		2013-10-10	2014-06-16
	2. VISA INC		2013-10-09	2014-06-17
	5. VISA INC		2013-10-09	2014-06-19
	7. SCHLUMBERGER LTD.		2003-01-28	2014-07-01
	2. SCHLUMBERGER LTD.		2003-01-28	2014-07-02
	2. SCHLUMBERGER LTD.		2003-01-28	2014-07-07
	4. SCHLUMBERGER LTD.		2003-01-28	2014-07-08
	6. SCHLUMBERGER LTD.		2003-01-28	2014-07-09
	8. FLUOR CORP NEW COM		2010-11-22	2014-07-11
	8. FLUOR CORP NEW COM		2010-11-22	2014-07-14
	5. FLUOR CORP NEW COM		2010-11-22	2014-07-15
	2. FLUOR CORP NEW COM		2010-11-22	2014-07-16
	2. FLUOR CORP NEW COM		2010-11-22	2014-07-17
	3. FLUOR CORP NEW COM		2010-11-22	2014-07-18
	2. FLUOR CORP NEW COM		2010-11-22	2014-07-21
	3. FLUOR CORP NEW COM		2010-11-18	2014-07-22
	12. ACCENTURE PLC CL A		2009-03-27	2014-07-22
	2. FLUOR CORP NEW COM		2010-11-18	2014-07-23
	14. ACCENTURE PLC CL A		2009-03-27	2014-07-23
	5. FLUOR CORP NEW COM		2010-11-18	2014-07-24
	11. ACCENTURE PLC CL A		2009-03-27	2014-07-24
	7. AMPHENOL CORP - CL A		2013-10-22	2014-07-25
	3. AMPHENOL CORP - CL A		2013-10-18	2014-07-28
	3. FLUOR CORP NEW COM		2010-11-18	2014-07-28
	7. AMPHENOL CORP - CL A		2013-10-23	2014-07-29
	2. FLUOR CORP NEW COM		2010-11-18	2014-07-29
	4. FLUOR CORP NEW COM		2010-11-18	2014-07-30
	4. FLUOR CORP NEW COM		2010-11-18	2014-08-01
	5. FLUOR CORP NEW COM		2010-11-18	2014-08-04
	6. FLUOR CORP NEW COM		2010-11-18	2014-08-05
	12. FLUOR CORP NEW COM		2010-11-19	2014-08-06
	8. ACCENTURE PLC CL A		2009-03-27	2014-08-13
	8. ACCENTURE PLC CL A		2009-03-27	2014-08-14
	12. ACCENTURE PLC CL A		2009-03-27	2014-08-18
	10. ACCENTURE PLC CL A		2009-03-27	2014-08-19
	8. ACCENTURE PLC CL A		2009-03-27	2014-08-26
	10. APPLE COMPUTER INC.		2009-01-16	2014-09-15
	11. QUALCOMM CORP.		2014-07-30	2014-09-15
	9. APPLE COMPUTER INC.		2009-01-16	2014-09-16
	9. QUALCOMM CORP.		2014-07-30	2014-09-16
	6. QUALCOMM CORP.		2014-07-30	2014-09-17
	6. QUALCOMM CORP.		2009-10-02	2014-09-17
	9. QUALCOMM CORP.		2009-10-02	2014-09-18
	10. QUALCOMM CORP.		2009-10-02	2014-09-19
	8. ACCENTURE PLC CL A		2009-03-27	2014-10-01
	15. ACCENTURE PLC CL A		2009-03-27	2014-10-02
	8. ACCENTURE PLC CL A		2009-03-27	2014-10-03
	9. ACCENTURE PLC CL A		2009-03-27	2014-10-06
	16. ACCENTURE PLC CL A		2009-04-17	2014-10-08
	9. ACCENTURE PLC CL A		2009-04-17	2014-10-10
	13. ACCENTURE PLC CL A		2009-04-17	2014-10-13
	3. MEAD JOHNSON NUTRITION CO		2013-07-10	2014-10-17
	15. MEAD JOHNSON NUTRITION CO		2014-02-06	2014-10-17
	. PROCEEDS FROM SECURITIES LITIGATION			2014-10-17
	37. ACCENTURE PLC CL A		2009-04-17	2014-10-24
	24. ACCENTURE PLC CL A		2009-04-17	2014-10-27
	10. GILEAD SCIENCES INC.		2014-02-04	2014-10-30
	1. COVANCE INC		2009-05-04	2014-10-31
	4. GILEAD SCIENCES INC.		2014-02-04	2014-10-31
	13. GILEAD SCIENCES INC.		2014-02-04	2014-11-03
	8. FLUOR CORP NEW COM		2010-11-19	2014-11-07
	9. FLUOR CORP NEW COM		2010-11-19	2014-11-10
	8. FLUOR CORP NEW COM		2010-11-19	2014-11-11
	14. COVANCE INC		2009-05-04	2014-11-12
	5. FLUOR CORP NEW COM		2010-11-19	2014-11-12
	2. COVANCE INC		2009-05-04	2014-11-14
	15. COVANCE INC		2009-05-04	2014-11-17
	9. COVANCE INC		2009-05-04	2014-11-18
	5. COVANCE INC		2009-05-04	2014-11-19
	6. COVANCE INC		2009-05-04	2014-11-20
	4. COVANCE INC		2010-07-29	2014-11-21
	249.228 WASATCH FDS INC		2013-12-27	2014-11-21
	3609.434 WASATCH FDS INC		2011-08-11	2014-11-21
	5. COVANCE INC		2010-07-29	2014-11-24
	3858.662 WASATCH FDS INC		2011-08-11	2014-11-24
	2107.892 BROWN ADVISORY EMG MKTS INS		2012-12-13	2014-11-25
	5. COVANCE INC		2010-07-29	2014-11-25
	3756.394 WASATCH FDS INC		2011-08-11	2014-11-25
	23. APPLE COMPUTER INC.		2009-01-16	2014-11-26
	8. COVANCE INC		2010-07-29	2014-11-26
	23. GILEAD SCIENCES INC.		2014-03-14	2014-11-26
	4. FOSSIL GROUP INC		2012-05-10	2014-12-04
	2. FOSSIL GROUP INC		2012-05-10	2014-12-05
	2. FOSSIL GROUP INC		2012-05-10	2014-12-08
	21. FLUOR CORP NEW COM		2010-11-23	2014-12-09
	11. FOSSIL GROUP INC		2012-05-10	2014-12-09
	. PROCEEDS FROM SECURITIES LITIGATION			2014-12-09
	2. FOSSIL GROUP INC		2012-05-10	2014-12-10
	46. FLUOR CORP NEW COM		2010-11-23	2014-12-11
	2. FOSSIL GROUP INC		2012-05-10	2014-12-11
	11. FLUOR CORP NEW COM		2010-11-19	2014-12-12
	14. FLUOR CORP NEW COM		2013-04-15	2014-12-15
	2. FOSSIL GROUP INC		2012-05-10	2014-12-15
	10. FLUOR CORP NEW COM		2013-04-15	2014-12-16
	1. FOSSIL GROUP INC		2012-05-08	2014-12-16
	81. AMPHENOL CORP - CL A		2013-10-23	2014-12-17
	6. ANSYS INC		2010-10-11	2014-12-17
	24. ANSYS INC		2014-07-30	2014-12-17
	44. APPLE COMPUTER INC.		2009-01-16	2014-12-17
	33.0006 BRISTOL MYERS SQUIBB CO.		2014-12-15	2014-12-17
	11.9994 BRISTOL MYERS SQUIBB CO.		2014-12-10	2014-12-17
	3607.504 BROWN ADVISORY EQUITY INCOME INV		2012-12-12	2014-12-17
	1036.055 BROWN ADVISORY SM CP FUNDAMENTAL VAL		2013-12-13	2014-12-17
	4215.852 BROWN ADVISORY VALUE EQUITY INV		2013-06-19	2014-12-17
	1372.119 BROWN ADVISORY SMALL CAP GROWTH INV		2002-12-31	2014-12-17
	43. COGNIZANT TECH SOLUTIONS CRP COM		2014-08-06	2014-12-17
	14. COGNIZANT TECH SOLUTIONS CRP COM		2008-12-05	2014-12-17
	24. COSTCO WHOLESALE CORPORATION		2009-06-23	2014-12-17
	21. COVANCE INC		2010-07-29	2014-12-17
	58. DANAHER CORP		2008-03-18	2014-12-17
	55. DAVITA INC		2013-08-20	2014-12-17
	43. DISCOVERY COMMUNICATIONS INC CL A		2014-04-03	2014-12-17
	64. DISCOVERY COMMUNICATIONS C		2014-04-03	2014-12-17
	24. ECOLAB INC		2013-02-04	2014-12-17
	7. ECOLAB INC		2014-02-06	2014-12-17
	79. EXPRESS SCRIPTS HLDGS C		2013-10-08	2014-12-17
	83. FMC TECHNOLOGIES INC		2014-09-08	2014-12-17
	85. FASTENAL CO		2014-03-14	2014-12-17
	3. FOSSIL GROUP INC		2012-05-08	2014-12-17
	29. GILEAD SCIENCES INC.		2013-12-09	2014-12-17
	19. GILEAD SCIENCES INC.		2014-03-14	2014-12-17
	5. GOOGLE INC CL A		2008-12-03	2014-12-17
	5. GOOGLE INC CL C		2008-12-03	2014-12-17
	10. INTUITIVE SURGICAL INC		2013-09-30	2014-12-17
	28. ESTEE LAUDER COMPANIES CL A		2014-04-01	2014-12-17
	30. ESTEE LAUDER COMPANIES CL A		2013-10-10	2014-12-17
	50. MEAD JOHNSON NUTRITION CO		2013-07-10	2014-12-17
	70. NATIONAL INSTRS CORP		2011-06-29	2014-12-17
	17. NETSUITE INC		2014-10-27	2014-12-17
	63. QUALCOMM CORP.		2009-10-02	2014-12-17
	29. SALESFORCE COM INC		2014-04-28	2014-12-17
	38. SALESFORCE COM INC		2009-02-12	2014-12-17
	28. SCHLUMBERGER LTD.		2003-01-28	2014-12-17
	23. SCHLUMBERGER LTD.		2014-11-28	2014-12-17
	73. CHARLES SCHWAB CORP.		2010-05-27	2014-12-17
	135. CHARLES SCHWAB CORP.		2014-06-19	2014-12-17
	21. STARBUCKS CORP.		2014-02-04	2014-12-17
	43. STARBUCKS CORP.		2012-10-26	2014-12-17
	31. STERICYCLE INC		2014-11-04	2014-12-17
	7. STERICYCLE INC		2010-02-03	2014-12-17
	24. VISA INC		2013-08-23	2014-12-17
	65. WHOLE FOODS MARKET INC		2013-10-08	2014-12-17
	42. WHOLE FOODS MARKET INC		2014-01-17	2014-12-17
	158. GENPACT LIMITED		2013-02-21	2014-12-17
	24. CORE LABORATORIES N V		2014-06-05	2014-12-17
	1. CORE LABORATORIES N V		2011-08-08	2014-12-17
	9. FLUOR CORP NEW COM		2013-04-15	2014-12-18
	2. FOSSIL GROUP INC		2012-05-08	2014-12-18
	54. FLUOR CORP NEW COM		2013-04-15	2014-12-19
	2. FOSSIL GROUP INC		2012-05-08	2014-12-19
	5. FOSSIL GROUP INC		2012-05-08	2014-12-22
	11. FOSSIL GROUP INC		2012-05-08	2014-12-23
	3. FOSSIL GROUP INC		2012-05-08	2014-12-29
	1. FOSSIL GROUP INC		2012-05-08	2014-12-31
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	660	640	20
b	814	778	36
c	149	141	8
d	516	493	23
e	649	459	190
	615	459	156
	541	402	139
	308	230	78
	610	459	151
	928	293	635
	3,046	559	2,487
	3,435	831	2,604
	2,112	663	1,449
	396	124	272
	1,026	186	840
	664	207	457
	1,041	186	855
	803	248	555
	532	165	367
	935	289	646
	852	567	285
	405	124	281
	485	319	166
	956	271	685
	121	80	41
	272	77	195
	361	239	122
	272	77	195
	271	77	194
	406	116	290
	469	344	125
	270	77	193
	700	517	183
	2,303	658	1,645
	231	172	59
	858	631	227
	819	232	587
	65,000	31,479	33,521
	685	194	491
	1,103	310	793
	1,251	344	907
	540	149	391
	1,548	920	628
	2,123	1,242	881
	409	111	298
	861	501	360
	1,233	334	899
	559	327	232
	3,753	1,384	2,369
	271	74	197
	805	278	527
	134	37	97
	813	278	535
	135	37	98
	298	101	197
	1,080	297	783
	3,409	1,186	2,223
	366	126	240
	265	74	191
	930	260	670
	2,451	2,121	330
	507	476	31
	427	396	31
	508	472	36
	867	758	109
	907	944	-37
	1,774	267	1,507
	1,009	409	600
	449	468	-19
	458	344	114
	802	737	65
	615	459	156
	228	172	56
	297	230	67
	293	230	63
	221	172	49
	74	57	17
	445	344	101
	409	368	41
	208	37	171
	311	276	35
	1,267	1,132	135
	841	747	94
	422	368	54
	1,053	905	148
	826	129	697
	236	37	199
	234	37	197
	467	74	393
	701	110	591
	616	459	157
	622	459	163
	391	287	104
	156	115	41
	154	115	39
	230	172	58
	154	115	39
	232	172	60
	965	332	633
	156	115	41
	1,129	387	742
	388	287	101
	888	304	584
	683	575	108
	293	246	47
	227	172	55
	682	573	109
	151	115	36
	299	229	70
	295	229	66
	364	287	77
	437	344	93
	863	688	175
	632	221	411
	633	221	412
	957	332	625
	803	276	527
	653	221	432
	1,017	116	901
	826	836	-10
	905	104	801
	680	684	-4
	455	456	-1
	455	251	204
	686	377	309
	757	419	338
	640	221	419
	1,190	414	776
	643	221	422
	726	249	477
	1,269	437	832
	693	242	451
	1,000	349	651
	301	217	84
	1,506	1,138	368
	159		159
	2,903	994	1,909
	1,892	645	1,247
	1,139	815	324
	80	40	40
	453	326	127
	1,434	1,059	375
	531	458	73
	596	515	81
	526	458	68
	1,408	558	850
	328	286	42
	201	80	121
	1,507	598	909
	907	359	548
	504	199	305
	604	239	365
	404	158	246
	680	655	25
	9,854	8,843	1,011
	505	197	308
	10,534	9,454	1,080
	21,100	21,079	21
	505	197	308
	10,293	9,203	1,090
	2,730	266	2,464
	811	315	496
	2,304	1,807	497
	440	319	121
	219	159	60
	217	159	58
	1,267	1,202	65
	1,178	877	301
	34		34
	215	159	56
	2,714	2,633	81
	218	159	59
	635	629	6
	798	782	16
	213	159	54
	573	555	18
	107	79	28
	4,213	2,306	1,907
	483	257	226
	1,931	1,847	84
	4,725	509	4,216
	1,921	1,967	-46
	698	718	-20
	50,000	40,247	9,753
	25,000	22,260	2,740
	75,000	57,641	17,359
	25,000	8,987	16,013
	2,184	1,891	293
	711	114	597
	3,306	1,089	2,217
	2,153	828	1,325
	4,801	2,175	2,626
	4,062	2,439	1,623
	1,454	1,827	-373
	2,110	2,642	-532
	2,465	1,742	723
	719	692	27
	6,268	4,603	1,665
	3,764	4,355	-591
	3,816	4,009	-193
	320	237	83
	2,936	2,166	770
	1,924	1,433	491
	2,519	694	1,825
	2,505	692	1,813
	5,039	3,895	1,144
	2,055	1,902	153
	2,202	1,980	222
	4,845	3,263	1,582
	2,127	2,057	70
	1,760	1,653	107
	4,500	2,637	1,863
	1,632	1,415	217
	2,138	251	1,887
	2,353	515	1,838
	1,933	1,959	-26
	2,085	1,216	869
	3,855	3,550	305
	1,675	1,481	194
	3,429	1,965	1,464
	3,938	3,732	206
	889	379	510
	6,118	4,314	1,804
	3,110	3,700	-590
	2,009	2,210	-201
	2,870	2,687	183
	2,886	3,843	-957
	120	100	20
	533	500	33
	214	158	56
	3,237	2,677	560
	214	158	56
	543	396	147
	1,213	870	343
	335	237	98
	111	79	32
			51,747

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			20
b			36
c			8
d			23
e			190
			156
			139
			78
			151
			635
			2,487
			2,604
			1,449
			272
			840
			457
			855
			555
			367
			646
			285
			281
			166
			685
			41
			195
			122
			195
			194
			290
			125
			193
			183
			1,645
			59
			227
			587
			33,521
			491
			793
			907
			391
			628
			881
			298
			360
			899
			232
			2,369
			197
			527
			97
			535
			98
			197
			783
			2,223
			240
			191
			670
			330
			31
			31
			36
			109
			-37
			1,507
			600
			-19
			114
			65
			156
			56
			67
			63
			49
			17
			101
			41
			171
			35
			135
			94
			54
			148
			697
			199
			197
			393
			591
			157
			163
			104
			41
			39
			58
			39
			60
			633
			41
			742
			101
			584
			108
			47
			55
			109
			36
			70
			66
			77
			93
			175
			411
			412
			625
			527
			432
			901
			-10
			801
			-4
			-1
			204
			309
			338
			419
			776
			422
			477
			832
			451
			651
			84
			368
			159
			1,909
			1,247
			324
			40
			127
			375
			73
			81
			68
			850
			42
			121
			909
			548
			305
			365
			246
			25
			1,011
			308
			1,080
			21
			308
			1,090
			2,464
			496
			497
			121
			60
			58
			65
			301
			34
			56
			81
			59
			6
			16
			54
			18
			28
			1,907
			226
			84
			4,216
			-46
			-20
			9,753
			2,740
			17,359
			16,013
			293
			597
			2,217
			1,325
			2,626
			1,623
			-373
			-532
			723
			27
			1,665
			-591
			-193
			83
			770
			491
			1,825
			1,813
			1,144
			153
			222
			1,582
			70
			107
			1,863
			217
			1,887
			1,838
			-26
			869
			305
			194
			1,464
			206
			510
			1,804
			-590
			-201
			183
			-957
			20
			33
			56
			560
			56
			147
			343
			98
			32

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	232,646
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 . . . . . . . . . . . . . . . .		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? Yes No

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	240,000	2,307,393	0.104013
2012	212,254	2,134,681	0.099431
2011	160,000	2,185,731	0.073202
2010	471,811	2,029,331	0.232496
2009	98,310	1,914,151	0.05136

2	Total of line 1, column (d) ......................	2	0.560502
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	0.1121
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	2,407,538
5	Multiply line 4 by line 3.......................	5	269,885
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	2,542
7	Add lines 5 and 6.........................	7	272,427
8	Enter qualifying distributions from Part XII, line 4..............	8	281,000
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)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	2,542
	hereand 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	2,542
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	2,542
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	4,612
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	4,612
8	Enter any penalty for underpayment of estimated tax. Check hereif 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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	2,070
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax2,070	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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.............................

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

The books are in care of bullet

BROWN ADVISORY Telephone no. bullet

(410) 537-5450

Located at bullet

901 S BOND STREET SUITE 400BALTIMOREMD ZIP+4 bullet

21231

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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)

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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)? ........

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?.............

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)):

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?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?........................YesNo

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.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)..................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.......................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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
FRANCES W BAKER	OFFICER 0	0
400 W BRAMBLETON AVE SUITE 200 NORFOLK,VA23510	OFFICER 0	0
LENOX D BAKER JR	OFFICER 0	0
400 W BRAMBLETON AVE SUITE 200 NORFOLK,VA23510	OFFICER 0	0
SARA F BAKER	OFFICER 0	0
400 W BRAMBLETON AVE SUITE 200 NORFOLK,VA23510	OFFICER 0	0
MARGARET W BAKER	OFFICER 0	0
400 W BRAMBLETON AVE SUITE 200 NORFOLK,VA23510	OFFICER 0	0

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...................				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............. bullet

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)

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.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

2,396,225

Average of monthly cash balances.......................

47,976

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

2,444,201

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

2,444,201

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

36,663

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

2,407,538

Minimum investment return. Enter 5% of line 5..................

120,377

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

120,377

Tax on investment income for 2014 from Part VI, line 5......

2,542

Income tax for 2014. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

2,542

Distributable amount before adjustments. Subtract line 2c from line 1............

117,835

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

117,835

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

117,835

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

281,000

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

281,000

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).................

2,542

Adjusted qualifying distributions. Subtract line 5 from line 4..............

278,458

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)

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					117,835
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.......	287,853
c From 2011.......	52,359
d From 2012.......	108,506
e From 2013.......	129,241
fTotal of lines 3a through e.........		577,959
4Qualifying distributions for 2014 from Part
XII, line 4: $ 281,000
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.....					117,835
e Remaining amount distributed out of corpus		163,165
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		741,124
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 ......		741,124
10 Analysis of line 9:
a Excess from 2010....	287,853
b Excess from 2011....	52,359
c Excess from 2012....	108,506
d Excess from 2013....	129,241
e Excess from 2014....	163,165

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ...........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
EPISCOPAL HIGH SCHOOL 1200 NORTH QUAKER LANE ALEXANDRIA,VA22302	NONE	PUBLIC CHARITY	EHS PROMISE CAMPAIGN	10,000
CHESAPEAKE BAY ACADEMY 821 BAKER ROAD VIRGINIA BEACH,VA23462	NONE	PUBLIC CHARITY	GENERAL	10,000
JOHNS HOPKINS UNIVERSITY 3400 NORTH CHARLES STREET BALTIMORE,MD21218	NONE	PUBLIC CHARITY	GENERAL	30,000
DAVIDSON COLLEGE BOX 7170 DAVIDSON,NC280357170	NONE	PUBLIC CHARITY	GENERAL	15,000
PLANNED PARENTHOOD OF SOUTHEAST VIRGINIA 515 NEWTOWN ROAD VIRGINIA BEACH,VA23462	NONE	PUBLIC CHARITY	GENERAL	10,000
WYOMING COMMUNITY FOUNDATION 313 S 2ND STREET Laramie,WY82070	NONE	PUBLIC CHARITY	GENERAL	1,000
NORTHWEST WYOMING FAMILY PLANNING 1231 RUMSEY AVENUE Cody,WY82414	NONE	PUBLIC CHARITY	GENERAL	10,000
YELLOWSTONE BEHAVIORAL HEALTH FDN 2538 BIG HORN AVE Cody,WY82414	NONE	PUBLIC CHARITY	GENERAL	5,000
BUFFALO BILL MUSEUM & GRAVE 987 1/2 LOOKOUT MOUNTAIN ROAD GOLDEN,CO80401	NONE	PUBLIC CHARITY	GENERAL	15,000
NWC FOUNDATION 231 W 6TH STREET BUILDING 1 POWELL,WY824359917	NONE	PUBLIC CHARITY	GENERAL	10,000
BRIGHT FUTURES MENTORING PROGRAM 961 12TH STREET CODY,WY80218	NONE	PUBLIC CHARITY	GENERAL	5,000
WEST PARK HOSPITAL FOUNDATION 707 SHERIDAN AVENUE CODY,WY82414	NONE	PUBLIC CHARITY	GENERAL	25,000
ROWLAND HALL 720 SOUTH GUARDSMAN WAY SALT LAKE CITY,UT84108	NONE	PUBLIC CHARITY	EXTRAORDINARY VISION	15,000
YALE SCHOOL OF FORESTRY 195 PROSPECT STREET NEW HAVEN,CT06511	NONE	PUBLIC CHARITY	GREYBULL RIVER ELK	25,000
MUSEUM OF THE OLD WEST PO BOX 68 MEETEETSE,WY82433	NONE	PUBLIC CHARITY	GENERAL	10,000
MEETEETSE MUSEUM PO BOX 248 MEETEETSE,WY82433	NONE	PUBLIC CHARITY	GENERAL	10,000
NATURE CONSERVANCY WYOMING CHAPTER 258 MAIN STREET LANDER,WY82520	NONE	PUBLIC CHARITY	PRESERVATION OF HEAD WATERS	25,000
MEETEETSE SENIOR CENTER 1105 PARK AVENUE MEETEETSE,WY82433	NONE	PUBLIC CHARITY	GENERAL	5,000
MEETEETSE MUSEUM FOUNDATION PO BOX 183 MEETEETSE,WY82433	NONE	PUBLIC CHARITY	GENERAL	10,000
DONEHY EYE INSTITUTE RONALD E SMITH MEMORIAL FD 1450 SAN PABLO ST LOS ANGELES,CA90033	NONE	PUBLIC CHARITY	GENERAL	5,000
SEQUOYAH SCHOOL 535 S PASADENA AVENUE PASADENA,CA91105	NONE	PUBLIC CHARITY	GENERAL	10,000
WYOMING STOCK GROWERS LAND TRUST PO BOX 268 CHEYENNE,WY82001	NONE	NONE	PUBLIC CHARITY	5,000
COTTAGE CO-OP NURSERY SCHOOL 169 ARLINGTON DRIVE PASADENA,CA91205	NONE	PUBLIC CHARITY	GENERAL	15,000
Total ................................. 3a				281,000

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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	30,195
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	232,646
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)..				262,841

13Total. Add line 12, columns (b), (d), and (e)..................

13262,841

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2014 InvestmentsCorpStockSchedule

Name:

THE LENOX D AND FRANCES W BAKER FOUNDATION

EIN: 54-1788401

Name of Stock	End of Year Book Value	End of Year Fair Market Value
COMMON STOCK	314,728	584,739
EQUITY MUTUAL FUNDS	1,069,663	1,516,463
FOREIGN STOCKS	27,705	48,609

- TIN:

TY 2014 OtherDecreasesSchedule

Name:

THE LENOX D AND FRANCES W BAKER FOUNDATION

EIN: 54-1788401

Description	Amount

- TIN:

TY 2014 OtherProfessionalFeesSchedule

Name:

THE LENOX D AND FRANCES W BAKER FOUNDATION

EIN: 54-1788401

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT FEES-PRIN	7,843	7,843

- TIN:

TY 2014 TaxesSchedule

Name:

THE LENOX D AND FRANCES W BAKER FOUNDATION

EIN: 54-1788401

Category	Amount	Net Investment Income
FOREIGN TAXES	40	40
FEDERAL EXCISE TAX	3,115	0
QUARTERLY TAX DEPOSIT	4,612	0
FOREIGN TAXES ON QUALIFIED FOR	755	755
FOREIGN TAXES ON NONQUALIFIED	45	45