Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
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
ANNA B WELCH MEMORIAL TRUST
FIRST MID-ILLINOIS BANK & TRUST TRUSTEE

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 529   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MATTOON, IL61938
A Employer identification number

37-6284353
B Telephone number (see instructions)

(217) 235-7454
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$1,879,360J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 28,506 28,506 28,506
5a Gross rents.............. 29,987 29,987 29,987
b Net rental income or (loss) 13,264
6a Net gain or (loss) from sale of assets not on line 10 91,448
b Gross sales price for all assets on line 6a 691,756
7 Capital gain net income (from Part IV, line 2)... 91,448
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 149,941 149,941 58,493
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 18,899 12,600 12,600 6,299
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,630 2,420 2,420 1,210
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 4,254 2,784 2,784 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 14,640 14,319 14,319 321
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 41,423 32,123 32,123 7,830
25 Contributions, gifts, grants paid........ 75,200 75,200
26 Total expenses and disbursements. Add lines 24 and 25 116,623 32,123 32,123 83,030
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 33,318
b Net investment income (if negative, enter -0-) 117,818
c Adjusted net income (if negative, enter -0-)... 26,370
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.......... 29,941 55,621 55,621
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges........... 465 1,480 1,480
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 639,450 Click to see attachment675,440 774,054
c Investments—corporate bonds (attach schedule)........ 557,195 Click to see attachment535,093 539,900
11 Investments—land, buildings, and equipment: basis bullet144,068
Less: accumulated depreciation (attach schedule) bullet   144,068 144,068 507,500
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment805 Click to see attachment805
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,371,119 1,412,507 1,879,360
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 0 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......... 1,758,671 1,850,117
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds -387,552 -437,610
30 Total net assets or fund balances (see instructions)...... 1,371,119 1,412,507
31 Total liabilities and net assets/fund balances (see instructions).. 1,371,119 1,412,507
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 1,371,119
2 Enter amount from Part I, line 27a..................... 2 33,318
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 8,070
4 Add lines 1, 2, and 3.......................... 4 1,412,507
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 1,412,507
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 FMIB SWEEP SAVINGS P 2014-01-21 2014-05-09
b PIMCO TOTAL RETURN P 2013-09-26 2014-09-26
c FEDERATED PRIME OBLIGATIONS FUND P 2014-02-28 2014-07-02
d NEUBERGER BERMAN GENESIS P 2013-09-26 2014-04-28
e METROPOLITAN WEST TOTAL RETURN FUND P 2014-10-01 2015-02-23
LOOMIS SAYLES VALUE - Y SHARES P 2014-07-02 2014-07-08
AMERICAN FUNDS CAPITAL WORLD BOND P 2014-12-19 2015-02-23
AMERICAN CENTURY VALUE P 2013-09-10 2014-07-02
AMERICAN CENTURY VALUE P 2010-11-12 2014-07-03
AMERICAN FUNDS CAPITAL WORLD BOND P 2010-11-16 2014-04-28
COLUMBIA ACORN P 2012-01-03 2014-04-28
DODGE & COX P 2012-01-03 2014-04-28
EAGLE SMALL CAP GROWTH P 2012-04-11 2014-04-28
AMERICAN FUNDS EUROPACIFIC P 2010-11-12 2014-04-28
CLEARBRIDGE APPRECIATION P 2010-11-12 2014-04-28
OPPENHEIMER DEV MARKET P 2010-11-12 2014-04-28
PIMCO TOTAL RETURN P 2011-07-29 2014-09-26
PRINCIPAL REAL ESTATE FUND P 2011-01-27 2014-04-28
PRINCIPAL HIGH YIELD FUND P 2010-11-12 2014-04-28
GLOBAL NATURAL RESOURCES FUND P 2011-02-18 2014-04-28
T ROWE PRICE P 2012-04-02 2014-04-28
VANGUARD GNMA ADMIRAL SHARES P 2011-07-29 2014-04-28
CAPITAL GAINS 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 4,998   4,998 0
b 53,274   53,201 73
c       0
d 7,054   7,049 5
e 51,580   51,112 468
8,934   8,961 -27
2,913   3,033 -120
1,712   1,580 132
111,040   71,784 39,256
35,791   37,477 -1,686
4,350   3,131 1,219
66,158   63,368 2,790
5,462   4,005 1,457
9,531   7,789 1,742
29,006   18,885 10,121
16,433   14,598 1,835
132,683   135,736 -3,053
28,076   20,534 7,542
18,887   20,215 -1,328
32,810   48,328 -15,518
30,729   20,652 10,077
3,750   3,872 -122
36,585     36,585
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       0
b       73
c       0
d       5
e       468
      -27
      -120
      132
      39,256
      -1,686
      1,219
      2,790
      1,457
      1,742
      10,121
      1,835
      -3,053
      7,542
      -1,328
      -15,518
      10,077
      -122
      36,585
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 91,448
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 3 531
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 84,074 1,807,754 0.046507
2012 85,186 1,721,378 0.049487
2011 82,071 1,750,386 0.046887
2010 84,042 1,695,980 0.049554
2009 71,546 1,576,667 0.045378
2 Total of line 1, column (d) ...................... 2 0.237813
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 0.047563
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 1,835,956
5 Multiply line 4 by line 3....................... 5 87,324
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,178
7 Add lines 5 and 6......................... 7 88,502
8 Enter qualifying distributions from Part XII, line 4.............. 8 83,030
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 2,356
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 2,356
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 2,356
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 1,480
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,480
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 876
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 taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletFIRST MID-ILLINOIS BANK & TRUST Telephone no.bullet (217) 234-7454
    Located atbullet1515 CHARLESTON AVENUEMATTOONIL ZIP+4bullet61938
    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
     
     
    .........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
     
     
    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
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (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
    FIRST MID-ILLINOIS BANK TRUST TRUSTEE
    3.00     		18,899 0 0
    1515 CHARLESTON AVENUE
    MATTOON,IL61938
    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.........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,307,391
    b
    Average of monthly cash balances.......................
    1b
    49,023
    c
    Fair market value of all other assets (see instructions)................
    1c
    507,501
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,863,915
    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
    1,863,915
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    27,959
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,835,956
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    91,798
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    91,798
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    2,356
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,356
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    89,442
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    8,070
    5
    Add lines 3 and 4............................
    5
    97,512
    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
    97,512
    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
    83,030
    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
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    83,030
    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
    83,030
    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 97,512
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 40,848
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 83,030
    a Applied to 2013, but not more than line 2a 40,848
    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..... 42,182
    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 ..........     		55,330
    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....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    LAURA M WALK
    PO BOX 529
    MATTOON,IL61938
    (217) 234-7454
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION IS AVAILABLE ON REQUEST
    cAny submission deadlines:
    APRIL 15
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE GENERAL EXPLANATION, STATEMENT 9
    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
    ASHLEE ABITZ
    805 PRAIRIE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    MADDY AKERS
    213 LOCUST STREET
    HUMBOLDT,IL61931     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    TRAVIS ALMS
    6414 LERNA ROAD
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    COLTON ALVIS
    2712 RICHMOND
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    ALEX BALCH
    1000 E COUNTY RD
    SULLIVAN,IL61951     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    DALLAS BANNING
    2456 EASTGATE DR
    CHARLESTON,IL61920     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    KAITLYN BATH
    409 PRICE AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    KELSEY BATSON
    9872 EAST COUNTY RD
    LERNA,IL62440     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    TEAH BEALS
    1019 CR 575 E
    TRILLA,IL62469     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    CHASE BEASON
    18 MEADOWVIEW
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    EMILY BOLEN
    920 SOUTH 13TH
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    JACENA CANTWELL
    6369 N CR 1050
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    SARA CASSADY
    1220 SOUTH 14TH
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    KIM COLBERT
    2809 WALNUT
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    COOPER COLLINGS
    73 LAFAYETTE AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    SHELBY COX
    801 S 14TH STREET
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    JILLIAN DETERS
    199 CO RD 600N
    NEOGA,IL62447     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    CHEYANNE DETERS
    765 MAPLE
    NEOGA,IL62447     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    KATHERINE DIENER
    3082 PLAZA DR
    HUMBOLDT,IL61931     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    VICTORIA DRAKE
    4312 WESTERN AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    ELENI ETHINGTON
    PO BOX 403
    OAKLAND,IL61943     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    RHETT FARMER
    2616 WESTERN AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    HUNTER FARTHING
    1915 REYNOLDS DR
    CHARLESTON,IL61920     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    BLAKE FERRY
    2519 4TH ST
    CHARLESTON,IL61920     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    ANDREA FRITCHER
    1351 COUNTY ROAD
    NEOGA,IL62447     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    KYLE GESELL
    15 SUGAR CREEK LANE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    GRETCHEN GETZ
    916 MARSHALL AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    WHITNEY GODDEN
    2436 ROBERT TODD
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    SHANTI GOINS
    79 CHARLESTON AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    MEGAN GOLDSTEIN
    18 S COUNTRY CLUB RD
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    KAYTLYN GORDON
    3204 OAK AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    LISA HANKEN
    724 COMMERCIAL
    HUMBOLDT,IL61931     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    EMILY HARRELSON
    3880 ECR 450 N
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    HEATHER HEICHER
    9227 N CR 2080
    ASHMORE,IL61912     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    ADAM HELD
    2606 SALEM ROAD
    CHARLESTON,IL61920     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    MEAGAN HELTON
    115 MAIN
    LERNA,IL62440     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    DOUGLAS HENNESS
    1200 S 3RD ST
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    KERRY HESS
    501 S 25TH ST
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    SHELBI HINTON
    2500 WESTERN AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    JENNA HISER
    1413 KRISHIRE DRIVE
    CHARLESTON,IL61920     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    LAUREN HOOVER
    2155 HIDDEN LAKE
    CHARLESTON,IL61920     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    KALLIE HOPPER
    300 E TRILLA RD
    TRILLA,IL62469     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    KASSIDY HUNT
    889 CR 1850 E
    GREENUP,IL62428     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    AUSTIN JENKINS
    217 N 34TH ST
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    CLARISSA KIDWELL
    12 CARROLLTON ESTATE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    JOANNA KINGERY
    856 EAST 6TH STREET
    NEOGA,IL62447     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    FELICIA KIRKLEY
    1713 DEWITT AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    CHELSY LORANCE
    PO BOX 121
    LERNA,IL62440     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    DUSTIN LOWRY
    3044 PLYMOUTH LANE
    LERNA,IL62440     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    WHITNEY MANINFIOR
    5 COUNTRY LANE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    BLAKE MASSE
    1107 WABASH
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    ALEX MCCULLOUGH
    1009 N 32ND ST
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    ALYSSA MILLER
    1313 S 6TH STREET
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    SIERRA MORGAN
    10928 N CR 500
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    BETHANY MORITZ
    6030 E CO RD 250
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    MUNIA MUSTAFA
    1311 STINSON AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    SARAH NOLAN
    1200 BELL AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    KATHRYN O'DELL
    872 LOCUST AVE
    NEOGA,IL62447     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    BRIANA OTTO
    3300 CHESTNUT AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    PAIGE PARIS
    2408 CHAMPAIGN AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    JADEN PATTERSON
    308 RICHMOND AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    CAMERON PHIPPS
    962 10TH STREET
    CHARLESTON,IL61920     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    DELANEY PORTER
    127 WESTVIEW DR
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    ASHLEY PURVIS
    1000 WABASH AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    MEGAN RARDIN
    409 CRESTMORE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    HILARY RAWLINGS
    617 RICHMOND
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    CODY REELEY
    16397 PEARL ST
    CHARLESTON,IL61920     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    TANA RENTSCHLER
    14201 CIRCLE DR
    HUMBOLDT,IL61931     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    LYDIA RHINE
    3409 PRAIRIE AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    GUNNAR ROLING
    3125 WALNUT AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    RYAN SALMON
    8660 N CTY RD 00
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    SHELBY SEAMAN
    324 HICKORY LANE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    WHITNEY SHAFER
    3590 ECR 250N
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    HANNAH SINCLAIR
    1321 STINSON AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    ALEC SMITH
    613 ADAMS
    HUMBOLDT,IL61931     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    ABIGAIL SMITH
    129 WEST WASHIN
    OAKLAND,IL61943     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    DOMINIQUE SNOW
    800 MARSHALL AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    LACEY SOLOMON
    3000 RICHMOND
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    MADISON SPENCE
    7900 N COUNTY ROAD
    CHARLESTON,IL61920     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    TIMOTHY SPIDLE
    9 COUNTRY LANE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    JORDAN STRICKLIN
    37 WINDERMERE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    SHELBY TATE
    920 S 16TH STREET
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    BROCK TAYLOR
    19 CAMBRIDGE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    MICHAELA VALINEVICIUS
    3637 FOX TROT
    CHARLESTON,IL61920     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    HANNAH VIETH
    1 CHESTNUT RUN
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    ASHLEY WARREM
    3 LAFAYETTE MEADOWS
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    KYLON WEAVER
    2514 BUXTON DRIVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    LYNN WEBB
    3453 WESTERN AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    ERICA WEBSTER
    5467 N CR 1400
    CHARLESTON,IL61920     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    MALINA WHITE
    8301 N CO RD 18
    CHARLESTON,IL61920     		NONE N/A TO FURTHER HIGHER EDUCATION 400
    DYLAN WOLF
    3204 HAYES AVE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    JEREMY WOODYARD
    7 MEADOW LANE
    MATTOON,IL61938     		NONE N/A TO FURTHER HIGHER EDUCATION 1,020
    FIRST CHRISTIAN CHURCH
    1600 WABASH AVE
    MATTOON,IL61938     		NONE N/A UNRESTRICTED GIFT 1,200
    Total .................................bullet 3a 75,200
    bApproved for future payment
    Total .................................bullet 3b 0
    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 28,506  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 13,264  
    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 91,448  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 133,218 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13133,218
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    ANNA B WELCH MEMORIAL TRUST
    FIRST MID-ILLINOIS BANK & TRUST TRUSTEE
    EIN: 37-6284353
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INCOME TAX PREP FEE 3,630 2,420 2,420 1,210

    TY 2014 GeneralExplanationAttachment
    Name:
    ANNA B WELCH MEMORIAL TRUST
    FIRST MID-ILLINOIS BANK & TRUST TRUSTEE
    EIN: 37-6284353
    Identifier Return Reference Explanation
      FORM 990-PF; PAGE 10, PART XV, QUESTION 2(D) PAGE 10, PART XV, QUESTION 2(D)1. THE STUDENT MUST BE A RESIDENT OF COLES OR CUMBERLAND COUNTIES FOR THE LAST FIVE YEARS.2. PREFERENCE IS GIVEN TO THOSE STUDENTS WHO ARE ENROLLED IN MEDICALLY RELATED FIELDS OF STUDY (I.E. NURSING, MEDICAL TECHNICIAN, ETC.)3. PREFERENCE IS THEN GIVEN TO APPLICANTS WHO ARE LESS FINANCIALLY ABLE TO OBTAIN A HIGHER EDUCATION.

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    ANNA B WELCH MEMORIAL TRUST
    FIRST MID-ILLINOIS BANK & TRUST TRUSTEE
    EIN: 37-6284353
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GEN ELEC CAP MTN 75,000 77,527
    PRINCIPAL HIGH YIELD INST #4585 50,221 47,971
    PIMCO TOTAL RETURN CLASS I #35 0 0
    AMERICAN FUNDS CAPITAL WRLD BND F-2 #631 0 0
    DODGE & COX INCOME FUND #147 120,709 123,154
    VANGUARD GNMA ADMIRAL SHARES #536 122,266 122,350
    METROPOLITAN WEST TOTAL RETURN BOND I 119,263 120,683
    TEMPLETON GLOBAL BOND FUND 47,634 48,215

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    ANNA B WELCH MEMORIAL TRUST
    FIRST MID-ILLINOIS BANK & TRUST TRUSTEE
    EIN: 37-6284353
    Name of Stock End of Year Book Value End of Year Fair Market Value
    PRINCIPAL REAL ESTATE FUND #4934 16,857 21,573
    RS GLOBAL NATURAL RESOURCES #1474 26,657 20,376
    AMERICAN FUNDS EUROPACIFIC GROWTH F-2 #616 100,591 120,760
    OPPENHEIMER DEV MKT Y #00788 69,615 71,930
    COLUMBIA ACORN INTERNATIONAL FUND - Z 48,486 55,945
    AMERICAN CENTURY VALUE 0 0
    CLEARBRIDGE APPRECIATION #444 0 0
    EAGLE SMALL CAP GROWTH FUND CLASS I 39,385 48,146
    T ROWE PRICE BLUE CHIP GROWTH FUND 81,447 119,940
    NEUBERGER BERMAN GENESIS 89,996 87,643
    GOTHAM ABSOLUTE RETURN INSTITUTIONAL 20,923 20,818
    CLEARBRIDGE APPRECIATION #444 72,060 103,885
    LOOMIS SAYLES VALUE - Y SHARES 109,423 103,038

    TY 2014 OtherAssetsSchedule
    Name:
    ANNA B WELCH MEMORIAL TRUST
    FIRST MID-ILLINOIS BANK & TRUST TRUSTEE
    EIN: 37-6284353
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDEND RECEIVABLE 0 805 805


    TY 2014 OtherExpensesSchedule
    Name:
    ANNA B WELCH MEMORIAL TRUST
    FIRST MID-ILLINOIS BANK & TRUST TRUSTEE
    EIN: 37-6284353
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE FILING FEE 15 0 0 15
    PUBLICATIONS/PRINTING 306 0 0 306
    FARM MANAGEMENT FEES 1,953 1,953 1,953 0
    INSURANCE 733 733 733 0
    FERTILIZER 5,828 5,828 5,828 0
    CHEMICALS 473 473 473 0
    CHECKOFF 78 78 78 0
    DRYING 835 835 835 0
    SEED 3,798 3,798 3,798 0
    STORAGE 621 621 621 0


    TY 2014 OtherIncreasesSchedule
    Name:
    ANNA B WELCH MEMORIAL TRUST
    FIRST MID-ILLINOIS BANK & TRUST TRUSTEE
    EIN: 37-6284353
    Description Amount
       


    TY 2014 TaxesSchedule
    Name:
    ANNA B WELCH MEMORIAL TRUST
    FIRST MID-ILLINOIS BANK & TRUST TRUSTEE
    EIN: 37-6284353
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 1,470 0 0 0
    FOREIGN TAXES 380 380 380 0
    REAL ESTATE TAXES 2,404 2,404 2,404 0