Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
SHELTON H SHORT JR TRUST
 

Number and street (or P.O. box number if mail is not delivered to street address)1525 W WT HARRIS BLVD D1114-044   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHARLOTTE, NC28262
A Employer identification number

54-6140127
B Telephone number (see instructions)

(800) 352-3705
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$28,370,532J 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...... 626,057 605,481  
5a Gross rents.............. 10,539 10,539 10,539
b Net rental income or (loss) -15,853
6a Net gain or (loss) from sale of assets not on line 10 720,607
b Gross sales price for all assets on line 6a 5,003,292
7 Capital gain net income (from Part IV, line 2)... 720,607
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)....... Click to see attachment 5,534 45,456  
12 Total. Add lines 1 through 11........ 1,362,737 1,382,083 10,539
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 173,728 130,296   43,432
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 2,800 0 0 2,800
c Other professional fees (attach schedule).... Click to see attachment 5,423 5,423   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,972 8,962   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 46,023 27,223   18,800
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 236,946 171,904 0 65,032
25 Contributions, gifts, grants paid........ 1,418,000 1,418,000
26 Total expenses and disbursements. Add lines 24 and 25 1,654,946 171,904 0 1,483,032
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -292,209
b Net investment income (if negative, enter -0-) 1,210,179
c Adjusted net income (if negative, enter -0-)... 10,539
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............... 12,574 10,505 10,505
2 Savings and temporary cash investments.......... 795,533 912,446 912,446
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 2,364,287 Click to see attachment2,259,384 2,252,504
b Investments—corporate stock (attach schedule)........ 11,206,907 Click to see attachment10,318,918 14,670,188
c Investments—corporate bonds (attach schedule)........ 4,416,529 Click to see attachment5,190,051 5,095,950
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,021,141 Click to see attachment805,612 935,939
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment6,300,281 Click to see attachment6,300,281 Click to see attachment4,493,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 26,117,252 25,797,197 28,370,532
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 26,117,252 25,797,197
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)...... 26,117,252 25,797,197
31 Total liabilities and net assets/fund balances (see instructions).. 26,117,252 25,797,197
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 26,117,252
2 Enter amount from Part I, line 27a..................... 2 -292,209
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 33,703
4 Add lines 1, 2, and 3.......................... 4 25,858,746
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 61,549
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 25,797,197
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 214. ABBOTT LABS W/RIGHTS ATTACHED EXP 11/10/2009   2010-05-17 2014-05-27
b 160. ABBVIE INC   2010-06-01 2014-05-27
c 143. AETNA INC-NEW COM   2011-02-04 2014-05-27
d 28. AETNA INC-NEW COM   2011-02-04 2014-06-30
e 49. AETNA INC-NEW COM   2011-02-04 2014-08-12
22. AETNA INC-NEW COM   2011-02-04 2014-10-15
96. AETNA INC-NEW COM   2011-02-04 2014-10-28
191. AGILENT TECHNOLOGIES INC COM   2012-09-04 2014-05-27
53. AMERICAN EXPRESS CO COM   2014-02-04 2014-05-27
30. AMERICAN EXPRESS CO COM   2011-02-04 2014-05-27
18. AMERICAN INTERNATIONAL GROUP, INC   2013-06-18 2014-05-27
141. AMERICAN INTERNATIONAL GROUP, INC   2013-03-12 2014-05-27
69. AMERISOURCEBERGEN CORP COM   2014-05-22 2014-05-27
71. AMERIPRISE FINANCIAL INC   2011-02-04 2014-05-27
29. APPLE COMPUTER INC COM   2010-05-25 2014-05-27
412. APPLIED MATERIALS INC COM W/RIGHTS ATTACHED EXP 7/6/2009   2012-12-21 2014-05-27
45. BLACKROCK INC   2012-05-21 2014-05-27
118. BOEING CO COM   2010-05-25 2014-05-27
112. CIT GROUP INC.   2012-03-14 2014-05-27
81. CIT GROUP INC.   2014-05-23 2014-05-27
58. CME GROUP INC   2012-12-18 2014-05-27
84. CME GROUP INC   2014-04-08 2014-05-27
142. CVS CORP COM   2013-01-16 2014-05-27
.6 CALIFORNIA RESOURCES CORP   2014-07-25 2014-12-15
99. CAMERON INT'L CORP COM   2011-02-04 2014-05-27
104. CAPITAL ONE FINL CORP COM RTS EXP 11/29/2005   2012-06-07 2014-05-27
53. CAPITAL ONE FINL CORP COM RTS EXP 11/29/2005   2012-06-07 2014-06-17
88. CAPITAL ONE FINL CORP COM RTS EXP 11/29/2005   2012-05-15 2014-06-18
236. CENTURYTEL INC COM   2011-11-08 2014-05-27
69. CITIGROUP INC.   2013-07-17 2014-05-27
95. CITIGROUP INC.   2013-03-12 2014-05-27
35000. CITIGROUP INC 6.125% 11/21/17   2011-01-19 2014-12-09
121. CITRIX SYS INC COM   2014-04-24 2014-05-27
85. COLGATE-PALMOLIVE CO COM   2011-02-04 2014-05-27
140. COMCAST CORP NEW CL A SPL   2011-02-04 2014-02-13
95. COMCAST CORP NEW CL A SPL   2011-02-04 2014-05-27
85000. CONOCOPHILLIPS 4.600% 1/15/15   2009-08-26 2014-11-25
33685.796 CREDIT SUISSE COMM RET ST-I #2156   2013-09-05 2014-12-16
50000. CREDIT SUISSE NEW YO 5.500% 5/01/14   2009-12-04 2014-05-01
152. DANAHER CORP COM   2011-02-04 2014-05-27
62. DAVITA INC COM   2011-02-04 2014-02-19
58. DAVITA INC COM   2011-02-04 2014-02-21
75. DAVITA INC COM   2011-02-04 2014-05-27
51. DAVITA INC COM   2011-02-04 2014-07-24
51. DAVITA INC COM   2011-08-29 2014-07-31
100. DEVON ENERGY CORP NEW COM   2012-03-14 2014-05-27
126. DU PONT E I DE NEMOURS & CO COM   2011-02-04 2014-05-27
23. ECOLAB INC COM   2012-08-03 2014-05-27
81. ELECTRONIC ARTS COM   2011-02-04 2014-05-07
69. ELECTRONIC ARTS COM   2011-02-04 2014-05-07
215. ELECTRONIC ARTS COM   2011-02-09 2014-05-08
6854.387 THE ENDOWMENT TEI FUND LP   2010-04-29 2014-04-01
120. EXXON MOBIL CORP COM   2011-02-04 2014-05-27
37. EXXON MOBIL CORP COM   2011-02-04 2014-07-25
845.71 FHLMC POOL #J13606 3.500% 11/01/25   2012-12-28 2014-01-15
940.31 FHLMC POOL #J13606 3.500% 11/01/25   2012-12-28 2014-02-15
439.37 FHLMC POOL #J13606 3.500% 11/01/25   2012-12-28 2014-03-15
321.8 FHLMC POOL #J13606 3.500% 11/01/25   2012-12-28 2014-04-15
344.75 FHLMC POOL #J13606 3.500% 11/01/25   2012-12-28 2014-05-15
336.82 FHLMC POOL #J13606 3.500% 11/01/25   2012-12-28 2014-06-15
354.25 FHLMC POOL #J13606 3.500% 11/01/25   2012-12-28 2014-07-15
542.38 FHLMC POOL #J13606 3.500% 11/01/25   2012-12-28 2014-08-15
3471.31 FHLMC POOL #J13606 3.500% 11/01/25   2012-12-28 2014-09-15
1060.1 FHLMC POOL #J13606 3.500% 11/01/25   2012-12-28 2014-10-15
2292.31 FHLMC POOL #J13606 3.500% 11/01/25   2012-12-28 2014-11-15
1143.69 FHLMC POOL #J13606 3.500% 11/01/25   2012-12-28 2014-12-15
125000. FED HOME LN BK 5.500% 8/13/14   2010-03-31 2014-08-13
70000. FED HOME LN MTG CORP 4.500% 1/15/14   2011-05-02 2014-01-15
125000. FED NATL MTG ASSN 1.000% 5/26/17   2013-06-03 2014-05-26
2310.37 FED HOME LN MTG CORP 2.250% 7/15/38   2014-01-03 2014-02-15
2505.71 FED HOME LN MTG CORP 2.250% 7/15/38   2014-01-03 2014-03-15
1317.14 FED HOME LN MTG CORP 2.250% 7/15/38   2014-01-03 2014-04-15
675.1 FED HOME LN MTG CORP 2.250% 7/15/38   2014-01-03 2014-05-15
3398.08 FED HOME LN MTG CORP 2.250% 7/15/38   2014-01-03 2014-06-15
3083.43 FED HOME LN MTG CORP 2.250% 7/15/38   2014-01-03 2014-07-15
1514.55 FED HOME LN MTG CORP 2.250% 7/15/38   2014-01-03 2014-08-15
3201.66 FED HOME LN MTG CORP 2.250% 7/15/38   2014-01-03 2014-09-15
1062.59 FED HOME LN MTG CORP 2.250% 7/15/38   2014-01-03 2014-10-15
2799.54 FED HOME LN MTG CORP 2.250% 7/15/38   2014-01-03 2014-11-15
2422.26 FED HOME LN MTG CORP 2.250% 7/15/38   2014-01-03 2014-12-15
1036.58 FED HOME LN MTG CORP 1.250% 11/15/27   2013-02-26 2014-01-15
845.55 FED HOME LN MTG CORP 1.250% 11/15/27   2013-02-26 2014-02-15
1615.73 FED HOME LN MTG CORP 1.250% 11/15/27   2013-02-26 2014-03-15
472.68 FED HOME LN MTG CORP 1.250% 11/15/27   2013-02-26 2014-04-15
480.97 FED HOME LN MTG CORP 1.250% 11/15/27   2013-02-26 2014-05-15
925.96 FED HOME LN MTG CORP 1.250% 11/15/27   2013-02-26 2014-06-15
1993.1 FED HOME LN MTG CORP 1.250% 11/15/27   2013-02-26 2014-07-15
1068.05 FED HOME LN MTG CORP 1.250% 11/15/27   2013-02-26 2014-08-15
829.63 FED HOME LN MTG CORP 1.250% 11/15/27   2013-02-26 2014-09-15
1157.28 FED HOME LN MTG CORP 1.250% 11/15/27   2013-02-26 2014-10-15
1629.49 FED HOME LN MTG CORP 1.250% 11/15/27   2013-02-26 2014-11-15
740.41 FED HOME LN MTG CORP 1.250% 11/15/27   2013-02-26 2014-12-15
491.7 FNMA POOL #AK4327 3.000% 5/01/27   2012-12-28 2014-01-25
499.83 FNMA POOL #AK4327 3.000% 5/01/27   2012-12-28 2014-02-25
505.84 FNMA POOL #AK4327 3.000% 5/01/27   2012-12-28 2014-03-25
718.95 FNMA POOL #AK4327 3.000% 5/01/27   2012-12-28 2014-04-25
1878.61 FNMA POOL #AK4327 3.000% 5/01/27   2012-12-28 2014-05-25
508.72 FNMA POOL #AK4327 3.000% 5/01/27   2012-12-28 2014-06-25
543.6 FNMA POOL #AK4327 3.000% 5/01/27   2012-12-28 2014-07-25
875.63 FNMA POOL #AK4327 3.000% 5/01/27   2012-12-28 2014-08-25
500.05 FNMA POOL #AK4327 3.000% 5/01/27   2012-12-28 2014-09-25
575.85 FNMA POOL #AK4327 3.000% 5/01/27   2012-12-28 2014-10-25
2571.15 FNMA POOL #AK4327 3.000% 5/01/27   2012-12-28 2014-11-25
1050.99 FNMA POOL #AK4327 3.000% 5/01/27   2012-12-28 2014-12-25
164. FIDELITY NATL INFORMATION SVCS INC   2011-02-04 2014-05-27
296. GENERAL MOTORS CO   2013-09-16 2014-04-11
60. GENUINE PARTS CO COM W/RIGHTS ATTACHED EXP 11/15/2009   2011-02-04 2014-05-27
75000. GOLDMAN SACHS GROUP 6.000% 5/01/14   2009-09-25 2014-05-01
43360.261 GOLDMAN SACHS COMM STRATEGY #2653   2013-09-05 2014-12-17
791.891 HARBOR FD CAP APPRECIATION   2013-02-12 2014-12-05
65000. HEWLETT-PACKARD CO 6.125% 3/01/14   2010-06-02 2014-03-01
103. INTERNATIONAL GAME TECHNOLOGY COM   2013-05-16 2014-04-23
120. INTERNATIONAL GAME TECHNOLOGY COM   2011-02-04 2014-04-23
384. INTERNATIONAL GAME TECHNOLOGY COM   2011-02-04 2014-04-24
318. INTERNATIONAL GAME TECHNOLOGY COM   2011-02-04 2014-04-30
167. INTERNATIONAL GAME TECHNOLOGY COM   2013-04-02 2014-05-05
121. INTERNATIONAL GAME TECHNOLOGY COM   2013-05-17 2014-05-05
163. INTERNATIONAL PAPER CO COM   2011-04-13 2014-05-27
1871. ISHARES MIDCAP INDEX FD   2009-11-25 2014-06-09
905. ISHARES MIDCAP INDEX FD   2009-11-25 2014-12-01
516. ISHARES TRUST RUSSELL 1000 GROWTH INDEX FUND   2012-11-26 2014-12-05
1713. ISHARES RUSSELL 2000   2009-11-25 2014-06-09
9460.738 IVY ASSET STRATEGY FUND CLASS I #473   2010-07-07 2014-06-09
131. KEYSIGHT TECHNOLOGIES INC   2012-09-05 2014-11-21
147. KOHLS CORP COM   2012-05-10 2014-05-27
18307.567 LAUDUS MONDRIAN INT GV FI-INST #2940   2011-06-30 2014-06-09
2088.555 MFS VALUE FUND-CLASS I #893   2013-01-31 2014-12-01
1371.366 MFS VALUE FUND-CLASS I #893   2013-01-31 2014-12-05
193. MARSH & MCLENNAN COS INC COM   2011-12-29 2014-05-27
43. MCDONALDS CORP COM   2014-01-10 2014-05-27
36. MCDONALDS CORP COM   2012-08-13 2014-05-27
96. METLIFE INC COM   2014-05-09 2014-05-27
434. MICROSOFT CORP COM   2011-02-04 2014-05-27
234. MORGAN STANLEY DEAN WITTER & CO COM NEW   2014-03-13 2014-05-27
79. NATIONAL OILWELL INC COM   2013-07-30 2014-05-27
53. NATIONAL OILWELL INC COM   2011-08-29 2014-05-27
161. NORTHEAST UTILS COM W/RTS ATTACHED EXP 2/23/2009   2011-02-04 2014-05-27
112.99928 NORTHERN TR CORP COM   2014-01-23 2014-05-27
3.00072 NORTHERN TR CORP COM   2014-01-22 2014-05-27
45. NOW INC/SH   2012-05-18 2014-06-04
86. OCCIDENTAL PETE CORP COM   2011-02-04 2014-05-27
310. ORACLE CORP COM   2010-05-25 2014-05-27
28195.489 PIMCO FDS PAC INVT MGMT SER LOW DURATION FD INSTL CL   2010-12-06 2014-10-02
8802.817 PIMCO EMERG MKTS BD-INST #137   2014-06-09 2014-10-02
27796.251 PIMCO EMERG MKTS BD-INST #137   2013-04-05 2014-10-02
96. PEPSICO INC COM   2012-04-18 2014-05-27
80. PRAXAIR INC COM   2011-02-04 2014-05-27
76. ROCKWELL COLLINS-WI COM   2011-02-04 2014-05-27
1437.608 ROWE T PRICE EQUITY INCOME FD SH BEN INT   2013-05-28 2014-12-05
1062.925 ROWE T PRICE BLUE CHIP GROWTH FD INC   2013-02-12 2014-12-01
701.361 ROWE T PRICE BLUE CHIP GROWTH FD INC   2012-11-26 2014-12-05
42. SMUCKER J M CO COM   2012-08-23 2014-05-27
338. STAPLES INC COM W/INVISIBLE RTS TO PUR SHS UNDER CERTAIN   2011-03-15 2014-05-27
461. STAPLES INC COM W/INVISIBLE RTS TO PUR SHS UNDER CERTAIN   2011-08-29 2014-06-17
40000. TD AMERITRADE HOLDIN 4.150% 12/01/14   2010-10-05 2014-12-01
170. TJX COS INC NEW COM   2011-02-04 2014-05-27
230. TEXAS INSTRS INC COM   2010-05-25 2014-05-27
196. THERMO ELECTRON CORP COM W/RTS ATTACHED EXP 01/29/2006   2011-08-29 2014-02-04
26. TIME INC   2010-01-28 2014-06-16
.875 TIME INC   2010-01-28 2014-06-19
154. TIME WARNER INC   2010-02-03 2014-05-27
24. TIME WARNER INC   2010-01-26 2014-10-16
6027.728 TURNER MIDCAP GROWTH FUND-IN #1309   2011-12-08 2014-04-14
50000. US TREASURY NOTE 2.375% 9/30/14   2012-12-31 2014-09-30
50. UNITED TECHNOLOGIES CORP COM   2014-02-04 2014-05-27
12. UNITED TECHNOLOGIES CORP COM   2012-03-13 2014-05-27
130. UNITEDHEALTH GRP INC COM   2011-02-04 2014-05-27
4. VERITIV CORP   2011-04-13 2014-07-11
.2634 VERITIV CORP   2011-08-29 2014-07-18
200000. VIRGINIA COLLEGE BLD 5.000% 9/01/14   2009-04-05 2014-09-01
49. VISA INC-CLASS A SHRS   2011-03-28 2014-05-27
186. WISCONSIN ENERGY CORP COM   2011-02-04 2014-05-27
145. ALLEGION PLC   2011-06-09 2014-01-17
35. DELPHI AUTOMOTIVE PLC   2013-07-25 2014-05-27
48. DELPHI AUTOMOTIVE PLC   2013-03-20 2014-05-27
60. DELPHI AUTOMOTIVE PLC   2013-03-20 2014-08-27
53. DELPHI AUTOMOTIVE PLC   2013-03-20 2014-08-28
126. INGERSOLL-RAND PLC   2011-02-04 2014-05-27
133. SEAGATE TECHNOLOGY   2014-02-03 2014-05-27
76. CHECK POINT SOFTWARE TECH COM   2013-02-13 2014-05-27
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 8,457   4,956 3,501
b 8,635   3,991 4,644
c 11,075   5,281 5,794
d 2,280   1,034 1,246
e 3,697   1,810 1,887
1,629   812 817
7,342   3,545 3,797
10,757   7,092 3,665
4,832   4,488 344
2,735   1,310 1,425
967   811 156
7,579   5,468 2,111
4,980   4,858 122
7,902   4,128 3,774
18,127   3,971 14,156
8,355   5,334 3,021
13,700   7,700 6,000
15,803   7,324 8,479
4,992   4,728 264
3,610   3,623 -13
4,143   3,029 1,114
6,000   5,763 237
10,937   7,307 3,630
3   5 -2
6,333   5,620 713
8,084   5,596 2,488
4,291   2,742 1,549
7,084   4,521 2,563
8,770   8,643 127
3,278   3,476 -198
4,513   4,441 72
39,271   38,513 758
7,387   7,289 98
5,669   3,238 2,431
7,131   3,076 4,055
4,898   2,087 2,811
85,492   90,618 -5,126
209,863   250,622 -40,759
50,000   54,660 -4,660
11,935   7,284 4,651
4,115   2,369 1,746
3,788   2,216 1,572
5,200   2,866 2,334
3,668   1,949 1,719
3,601   1,928 1,673
7,293   8,173 -880
8,589   6,630 1,959
2,498   1,480 1,018
2,646   1,486 1,160
2,280   1,265 1,015
7,353   3,926 3,427
312,274   378,099 -65,825
12,170   9,972 2,198
3,828   3,075 753
846   889 -43
940   988 -48
439   462 -23
322   338 -16
345   362 -17
337   354 -17
354   372 -18
542   570 -28
3,471   3,649 -178
1,060   1,114 -54
2,292   2,410 -118
1,144   1,202 -58
125,000   140,761 -15,761
70,000   76,539 -6,539
125,000   125,000  
2,310   2,285 25
2,506   2,479 27
1,317   1,303 14
675   668 7
3,398   3,361 37
3,083   3,050 33
1,515   1,498 17
3,202   3,167 35
1,063   1,051 12
2,800   2,769 31
2,422   2,396 26
1,037   1,027 10
846   837 9
1,616   1,600 16
473   468 5
481   476 5
926   917 9
1,993   1,974 19
1,068   1,058 10
830   822 8
1,157   1,146 11
1,629   1,614 15
740   733 7
492   519 -27
500   527 -27
506   534 -28
719   759 -40
1,879   1,983 -104
509   537 -28
544   574 -30
876   924 -48
500   528 -28
576   608 -32
2,571   2,713 -142
1,051   1,109 -58
8,797   5,072 3,725
9,665   10,779 -1,114
5,141   3,148 1,993
75,000   81,981 -6,981
175,175   250,622 -75,447
50,000   35,255 14,745
65,000   73,943 -8,943
1,333   1,820 -487
1,554   2,100 -546
4,811   6,712 -1,901
3,880   5,559 -1,679
2,084   2,806 -722
1,510   2,091 -581
7,610   4,707 2,903
299,859   148,721 151,138
149,887   65,144 84,743
49,963   33,581 16,382
200,126   101,833 98,293
301,041   200,000 101,041
4,214   2,670 1,544
7,950   7,526 424
201,566   225,000 -23,434
75,000   56,558 18,442
50,000   37,137 12,863
9,617   6,158 3,459
4,416   4,131 285
3,697   3,166 531
4,943   4,929 14
17,329   12,052 5,277
7,273   7,448 -175
6,457   5,483 974
4,332   4,035 297
7,279   5,451 1,828
6,872   6,970 -98
182   187 -5
1,542   1,178 364
8,381   8,375 6
12,958   6,514 6,444
290,695   300,000 -9,305
95,951   100,000 -4,049
302,979   289,162 13,817
8,300   6,297 2,003
10,473   7,606 2,867
5,859   5,023 836
50,000   44,393 5,607
75,000   51,301 23,699
50,000   31,687 18,313
4,218   3,412 806
3,857   7,401 -3,544
5,137   7,652 -2,515
40,000   42,723 -2,723
9,292   4,213 5,079
10,635   5,158 5,477
22,309   10,922 11,387
594   228 366
20   8 12
10,860   4,256 6,604
1,783   627 1,156
217,782   200,000 17,782
50,000   51,859 -1,859
5,785   5,494 291
1,388   1,030 358
10,293   5,515 4,778
148   86 62
10   6 4
200,000   200,000  
10,485   3,569 6,916
8,381   5,418 2,963
6,920   4,081 2,839
2,457   1,940 517
3,370   2,076 1,294
4,183   2,595 1,588
3,662   2,292 1,370
7,373   4,688 2,685
7,097   6,149 948
4,986   3,911 1,075
      223,007
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       3,501
b       4,644
c       5,794
d       1,246
e       1,887
      817
      3,797
      3,665
      344
      1,425
      156
      2,111
      122
      3,774
      14,156
      3,021
      6,000
      8,479
      264
      -13
      1,114
      237
      3,630
      -2
      713
      2,488
      1,549
      2,563
      127
      -198
      72
      758
      98
      2,431
      4,055
      2,811
      -5,126
      -40,759
      -4,660
      4,651
      1,746
      1,572
      2,334
      1,719
      1,673
      -880
      1,959
      1,018
      1,160
      1,015
      3,427
      -65,825
      2,198
      753
      -43
      -48
      -23
      -16
      -17
      -17
      -18
      -28
      -178
      -54
      -118
      -58
      -15,761
      -6,539
       
      25
      27
      14
      7
      37
      33
      17
      35
      12
      31
      26
      10
      9
      16
      5
      5
      9
      19
      10
      8
      11
      15
      7
      -27
      -27
      -28
      -40
      -104
      -28
      -30
      -48
      -28
      -32
      -142
      -58
      3,725
      -1,114
      1,993
      -6,981
      -75,447
      14,745
      -8,943
      -487
      -546
      -1,901
      -1,679
      -722
      -581
      2,903
      151,138
      84,743
      16,382
      98,293
      101,041
      1,544
      424
      -23,434
      18,442
      12,863
      3,459
      285
      531
      14
      5,277
      -175
      974
      297
      1,828
      -98
      -5
      364
      6
      6,444
      -9,305
      -4,049
      13,817
      2,003
      2,867
      836
      5,607
      23,699
      18,313
      806
      -3,544
      -2,515
      -2,723
      5,079
      5,477
      11,387
      366
      12
      6,604
      1,156
      17,782
      -1,859
      291
      358
      4,778
      62
      4
       
      6,916
      2,963
      2,839
      517
      1,294
      1,588
      1,370
      2,685
      948
      1,075
       
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 2 720,607
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2013 1,400,060 29,512,443 0.04744
2012 1,244,400 29,113,634 0.042743
2011 876,308 28,943,065 0.030277
2010 1,467,230 27,497,804 0.053358
2009 29,949 15,204,253 0.00197
2 Total of line 1, column (d) ...................... 2 0.175788
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 0.035158
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 29,345,845
5 Multiply line 4 by line 3....................... 5 1,031,741
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 12,102
7 Add lines 5 and 6......................... 7 1,043,843
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,483,032
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 12,102
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 12,102
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 12,102
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 4,884
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 9,133
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 14,017
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,915
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet0 RefundedBullet 11 1,915
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletVA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletWELLS FARGO BANK NA Telephone no.bullet (800) 352-3705
    Located atbulletONE WEST 4TH STREET D4000-062WINSTON SALEMNC ZIP+4bullet271014000
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    WELLS FARGO BANK NA Trustee
    40     		173,728    
    1525 WEST WT HARRIS BLVD
    CHARLOTTE,NC282881114
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    28,583,382
    b
    Average of monthly cash balances.......................
    1b
    1,209,354
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    29,792,736
    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
    29,792,736
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    446,891
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    29,345,845
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,467,292
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,467,292
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    12,102
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    12,102
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,455,190
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,455,190
    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
    1,455,190
    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
    1,483,032
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,483,032
    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
    12,102
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,470,930
    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 1,455,190
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 1,410,474
    b Total for prior years:2012, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 0
    b From 2010....... 0
    c From 2011....... 0
    d From 2012....... 0
    e From 2013....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 1,483,032
    a Applied to 2013, but not more than line 2a 1,410,474
    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..... 72,558
    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 ..........     		1,382,632
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2010.... 0
    b Excess from 2011.... 0
    c Excess from 2012.... 0
    d Excess from 2013.... 0
    e Excess from 2014.... 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    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:
    WELLS FARGO BANK
    1 WEST 4TH STREET D400-062
    WINSTONSALEM,NC271013818
    (888) 234-1999
    bThe form in which applications should be submitted and information and materials they should include:
    www.wellsfargo.com/privatefoundationgrants/short Applications must be submitted through the online grant application form.
    cAny submission deadlines:
    SEPTEMBER 15
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    PRIMARY CONSIDERATION IS GIVEN TO ORGANIZATIONS IN THE SOUTHEAST REGION OF VIRGINIA.
    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
    CLARKSVILLE AREA PUBLIC LIBRARY
    PO BOX 1146
    CLARKSVILLE,VA23927     		NONE PC GENERAL PURPOSE 20,000
    Richmond Symphony
    612 EAST GRACE STREET SUITE 401
    Richmond,VA232191892     		NONE PC GENERAL PURPOSE 15,000
    Richmond SPCA
    2519 HERMITAGE ROAD
    Richmond,VA23220     		NONE PC GENERAL PURPOSE 20,000
    Richmond HillInc
    2209 EAST GRACE STREET
    Richmond,VA23223     		NONE PC GENERAL PURPOSE 25,000
    Maymont Foundation
    1700 HAMPTON STREET
    Richmond,VA23220     		NONE PC GENERAL PURPOSE 20,000
    MacCallum More Museum and Gardens
    PO BOX 104
    Richmond,VA23924     		NONE PC GENERAL PURPOSE 20,000
    Virginia Institute of Marine Science (VI
    PO BOX 1346
    Gloucester Point,VA23062     		NONE PC GENERAL PURPOSE 50,000
    J Sargeant Reynolds Community
    PO BOX 26924
    Richmond,VA23286     		NONE PC GENERAL PURPOSE 20,000
    Virginia Foundation for Community Colleg
    101 N 14TH ST 15TH FLOOR
    Richmond,VA23219     		NONE PC GENERAL PURPOSE 50,000
    Friends Association for Children
    1004 ST JOHN STREET
    Richmond,VA23220     		NONE PC GENERAL PURPOSE 25,000
    Higher Achievement Program Inc
    4009 FITZHUGH AVE STE 200
    Richmond,VA23230     		NONE PC GENERAL PURPOSE 15,000
    SPORTABLE RICHMOND ADAPTIVE SPORTS
    AND RECREATION INC
    1365 OVERBROOK ROAD
    RICHMOND,VA23220     		NONE PC GENERAL PURPOSE 25,000
    FULL CIRCLE GRIEF CENTER
    10611 PATTERSON AVE
    RICHMOND,VA23238     		NONE PC GENERAL PURPOSE 10,000
    LAKE COUNTY SPCA
    PO BOX 14
    CLARKSVILLE,VA23927     		NONE PC GENERAL PURPOSE 10,000
    CHALLENGE DISCOVERY PROJECTS
    1503 SANTO ROSA RD
    RICHMOND,VA232295105     		NONE PC GENERAL SUPPORT 130,000
    SOUTHSIDE VIRGININA COMMUNITY
    COLLEGE
    109 CAMPUS DR
    ALBERTA,VA238212930     		NONE PC GENERAL PURPOSE 25,000
    VIRGINIA HISTORICAL SOCIETY
    PO BOX 7311
    RICHMOND,VA23221     		NONE PC CONSERVATION OF GRAND 50,000
    RANDOLPH-MACON COLLEGE
    PO BOX 5005
    Ashland,VA230055505     		NONE PC CREATION OF TWO 250,000
    ST JOSEPHS VILLA
    8000 BROOK ROAD
    RICHMOND,VA23227     		NONE PC SUPPORT OF FLAGLER HOME 30,000
    VIRGINIA STATE GOLF ASSOCIATION
    600 FOUNDERS BRIDGE BOULEVARD
    MIDLOTHIAN,VA23113     		NONE PC EDUCATION THEATER SUPPORT 50,000
    THE VIRGINIA COLLEGE FUND
    6002A W BROAD ST
    RICHMOND,VA23230     		NONE PC ENHANCE EDUCATIONAL 175,000
    TRINITY EPISCOPAL SCHOOL
    3850 PITTAWAY
    RICHMOND,VA232351017     		NONE PC GENERAL PURPOSE 40,000
    THE NEW COMMUNITY SCHOOL
    4211 HERMITAGE ROAD
    RICHMOND,VA23227     		NONE PC GENERAL PURPOSE 25,000
    SCHOOL OF THE PERFORMING ARTS IN
    THE RICHMOND COMMUNITY
    PO BOX 12118
    RICHMOND,VA23241     		NONE PC GENERAL PURPOSE 30,000
    CARITAS
    PO BOX 25790
    RICHMOND,VA232605790     		NONE PC GENERAL PURPOSE 25,000
    ST ANDREWS SCHOOL
    227 SOUTH CHERRY STREET
    RICHMOND,VA23220     		NONE PC GENERAL PURPOSE 40,000
    NORTHSTAR ACADEMY
    8055 SCHRADER ROAD
    RICHMOND,VA23294     		NONE PC GENERAL PURPOSE 30,000
    LEGAL INFORMATION NETWORK FOR
    CANCER
    PO BOX 337
    RICHMOND,VA232180337     		NONE PC GENERAL PURPOSE 15,000
    CLARKSVILLE RURITANS INC
    PO BOX 44
    CLARKSVILLE,VA23927     		NONE PC SCHOLARSHIP PROGRAM 50,000
    SAFE HARBOR
    PO BOX 17996
    RICHMOND,VA23226     		NONE PC GENERAL PURPOSE 13,000
    RICHMOND BALLET INC
    407 EAST CANAL STREET
    RICHMOND,VA23219     		NONE PC GENERAL PURPOSE 25,000
    MEDICAL COLLEGE OF VIRGINIA
    PO BOX 980234
    RICHMOND,VA23298     		NONE PC RESEARCH FOR LIFE CAMPAIGN 50,000
    SONS OF CONFEDERATE VETERANS INC
    PO BOX 71256
    RICHMOND    
    AE     		NONE PC GENERAL PURPOSE 15,000
    POSITIVE VIBE FOUNDATION
    2825 HARTHAWAY ROAD
    RICHMOND,VA23225     		NONE PC GENERAL PURPOSE 25,000
    Total .................................bullet 3a 1,418,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		         
    4 Dividends and interest from securities....     14 626,057  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....       -15,853  
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 720,607  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aFEE REBATES     1 5,534  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,336,345  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,336,345
    (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:
    SHELTON H SHORT JR TRUST
    EIN: 54-6140127
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 2,800     2,800

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    SHELTON H SHORT JR TRUST
    EIN: 54-6140127
    Name of Bond End of Year Book Value End of Year Fair Market Value
    002824AW0 ABBOTT LABORAT    
    00206RAJ1 AT&T INC 79,186 82,792
    10138MAG0 BOTTLING GROUP LLC 92,775 89,933
    808513AC9 CHARLES SCHWAB CORP    
    166751AH0 CHEVRON CORP    
    20825CAT1 CONOCOPHILLIPS    
    22546QAA5 CREDIT SUISSE NEW YO    
    25470DAC3 DISCOVERY COMMUNICAT 40,236 43,945
    369604AY9 GENERAL ELECTRIC COM    
    38141EA33 GOLDMAN SACHS GROUP    
    428236AT0 HEWLETT-PACKARD CO    
    437076AP7 HOME DEPOT INC 52,526 52,766
    46625HHB9 JPMORGAN CHASE & CO    
    585055AR7 MEDTRONIC INC 59,995 60,266
    617446HR3 MORGAN STANLEY    
    68389XAC9 ORACLE CORP 55,240 56,523
    694308GD3 PACIFIC GAS & ELECTR    
    87236YAB4 TD AMERITRADE HOLDIN    
    88732JAL2 TIME WARNER CABLE IN 44,547 45,875
    913017BR9 UNITED TECHNOLOGIES 57,569 61,003
    244217BG9 JOHN DEERE CAPITAL    
    031162BF6 AMGEN INC 51,287 50,790
    00206RAJ1 AT&T INC    
    06051GDX4 BANK OF AMERICA NA 63,857 66,658
    172967EM9 CITIGROUP INC    
    260543CC5 DOW CHEMICAL CO/THE 40,076 42,765
    26138EAM1 DR PEPPER SNAPPLE GR 50,323 51,008
    36962G2T0 GENERAL ELEC CAP COR 69,995 74,703
    24422ERC5 JOHN DEERE CAPITAL 62,013 61,331
    59156RAN8 METLIFE INC 55,252 50,961
    961214BK8 WESTPAC BANKING CORP 62,798 66,946
    001055AJ1 AFLAC INC 60,191 63,680
    05565QBY3 BP CAPITAL MARKETS 50,117 50,411
    06406HBY4 BANK OF NEW YORK MEL 51,884 52,273
    29379VAS2 ENTERPRISE PRODUCTS 68,402 66,539
    35671DAU9 FREEPORT-MCMORAN C 49,241 47,256
    50075NBA1 KRAFT FOODS INC    
    0258M0DD8 AMERICAN EXPRESS CRE 77,942 76,699
    111021AG6 BRITISH TELECOM PLC 66,745 65,394
    205887BQ4 CONAGRA FOODS INC 60,152 59,600
    315920702 FID ADV EMER MKTS IN 380,000 355,005
    36962G6K5 GENERAL ELEC CAP COR 100,188 100,614
    377372AH0 GLAXOSMITHKLINE CAP 47,050 49,371
    46625HJE1 JPMORGAN CHASE & CO 77,477 75,437
    4812C0803 JPMORGAN HIGH YIELD 525,000 486,709
    500255AR5 KOHL'S CORPORATION 50,404 51,921
    51855Q655 LAUDUS MONDRIAN INTL    
    61747YDD4 MORGAN STANLEY 63,742 61,981
    693390304 PIMCO LOW DURATION F    
    693390882 PIMCO FOREIGN BD FD 345,000 350,795
    693391559 PIMCO EMERG MKTS BD-    
    88166HAD9 TEVA PHARMA FIN IV 50,498 49,114
    922031760 VANGUARD HIGH YIELD 475,000 483,058
    92343VBR4 VERIZON COMMUNICATIO 53,221 55,212
    00440EAR8 ACE INA HOLDINGS 50,563 50,525
    03523TBP2 ANHEUSER-BUSCH INBEV 62,884 63,172
    037833AJ9 APPLE INC 78,400 78,813
    172967HT1 CITIGROUP INC 51,345 51,063
    20826FAD8 CONOCOPHILLIPS COMPA 76,286 75,776
    261980494 DREYFUS EMG MKT DEBT 400,000 362,436
    261980668 DREYFUS INTERNATL BO 350,000 333,460
    262028855 DRIEHAUS ACTIVE INCO 300,000 289,713
    38145XAA1 GOLDMAN SACHS GROUP 75,411 75,458
    40414LAJ8 HCP INC 51,476 52,562
    428236BF9 HEWLETT-PACKARD CO 51,381 51,723
    80282KAC0 SANTANDER HOLDINGS 52,376 51,915

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    SHELTON H SHORT JR TRUST
    EIN: 54-6140127
    Name of Stock End of Year Book Value End of Year Fair Market Value
    002896207 ABERCROMBIE & FITCH    
    023135106 AMAZON COM    
    043353101 ARVINMERITOR INC    
    052800109 AUTOLIV INC COM    
    163072101 CHESSECAKE FACTORY I    
    253393102 DICKS SPORTING GOODS    
    345370860 FORD MOTOR COMPANY    
    532716107 LIMITED BRANDS INC    
    548661107 LOWES COS INC    
    741503403 PRICELINE COM    
    855244109 STARBUCKS CORP    
    886547108 TIFFANY & CO NEW    
    963320106 WHIRLPOOL CORP    
    67018T105 NU SKIN ENTERPRISES    
    718172109 PHILIP MORRIS INTERN    
    037411105 APACHE CORP    
    20825C104 CONOCOPHILLIPS    
    42809H107 HESS CORP    
    7045490104 PEABODY ENERGY CORP    
    779382100 ROWAN COS INC    
    200340107 COMERIC INC    
    46625H100 JPMORGAN CHASE & CO    
    59156R108 METLIFE INC 10,697 10,980
    902973304 US BANCORP DEL    
    151020104 CELGENE CORP    
    302182100 EXPRESS SCRIPTS INC    
    231021106 CUMMINS INC    
    244199105 DEERE & CO    
    278058102 EATON CORP    
    382388106 GOODRICH CORPORATION    
    481165108 JOY GLOBAL INC    
    864596101 SUCCESSFACTORS    
    911312106 UNITED PARCEL SERVIC    
    00971T101 AKAMAI TECH    
    037833100 APPLE INC 7,001 32,893
    17275R102 CISCO SYSTEMS    
    268648102 E M C CORP    
    31787A507 FINISAR    
    38259P508 GOOGLE INC    
    48203R104 JUNIPER NETWORKS    
    594918104 MICROSOFT CORP 16,419 27,591
    64110D104 NETAPP INC    
    68372A104 OPENTABLE INC    
    68389X105 ORACLE CORPORATION 8,194 19,337
    747525103 QUALCOMM INC    
    75657102 RED HAT INC    
    768573107 RIVERBED TECHNOLGOY    
    79466L302 SALESFORCE COM    
    928563402 VMWARE INC    
    263534109 DU PONT E I DE NEMOU 8,180 12,718
    35671D857 FREEPORT- MCMORAN CO    
    549271104 LUBRIZOL CORP    
    912909108 UNITED STS STL CORP    
    043176106 ARUBA NETWORKS    
    437076102 HOME DEPOT INC 10,757 14,066
    655664100 NORDSTROM INC    
    708160106 PENNY J C    
    731572103 POLO RALPH    
    887317303 TIME WARNER INC 4,945 16,315
    423074103 HEINTZ H J    
    786514208 SAFEWAY INC    
    427866108 THE HERSHEY COMPANY    
    20825C104 CONOCOPHILLIPS    
    42809H107 HESS CORP    
    74733V100 QUESTAR MARKET RESOU    
    060505104 BANK OF AMERICA CORP    
    27579R104 EAST WEST BANCORP    
    46625H100 JPMORGAN CHASE & CO    
    55261F104 M & T BANK CORP    
    665859104 NORTHERN TRUST CORP 9,983 11,256
    808513105 SCHWAB CHARLES CORP    
    989701107 ZIONS BANCORP    
    002824100 ABBOTT LABS 6,692 13,191
    071813109 BAXTER INTL INC    
    532457108 ELI LILLY & CO    
    441060100 HOSPIRA INC    
    097023105 BOEING CO 5,971 20,797
    244199105 DEERE & CO    
    666807102 NORTHOP GRUMMAN CORP    
    784635104 SPX CORP    
    037833100 APPLE INC    
    268648102 E MC CORP    
    278642103 EBAY INC    
    459200101 IBM CORP    
    461202103 INTUIT COM    
    608554200 MOLEX INC CL    
    68389X105 ORACLE CORP    
    882508104 TEXAS INSTRUMENTS IN 5,250 16,948
    260543103 DOW CHEMICAL    
    65339F101 NEXTERA ENERGY    
    748356102 QUESTAR CORP    
    143130102 CARMAX INC    
    189754104 COACH INC    
    256746108 DOLLAR TREE INC    
    349882100 FOSSIL INC    
    478366107 JOHNSON CONTROLS INC    
    580135101 MCDONALDS CORP 11,214 11,713
    654106013 NIKE INC    
    67103H107 O'REILLY AUTOMOTIVE    
    778296103 ROSS STORES INC    
    918204108 VF CORP    
    983134107 WYNN RESORTS LTD    
    191216100 COCA COLA    
    393122106 GREEN MTN COFFEE    
    582839106 MEAD JOHNSON NUTRITI    
    966837106 WHOLE FOODS MKT    
    212015101 CONTINENTAL RESOURCE    
    637071101 NATIONAL OILWELL INC 10,475 11,795
    674599105 OCCIDENTAL PETE CORP 14,467 12,414
    723787107 PIONEER NAT RES CO    
    845467109 SOUTHWESTERN ENERGY    
    025816109 AMERICAN EXPRESS CO 5,831 11,444
    12572Q105 CME GROUP INC 10,321 17,641
    87236Y108 TD AMERITRADE HLDG C    
    015351109 ALEXION PHARMACEUTIC    
    018490102 ALLERGAN INC    
    03073E105 AMERISOURCEBERGEN CO 6,533 8,836
    09062X103 BIOGEN IDEC INC    
    46120E602 INTUITIVE SURGICAL    
    790849103 ST JUDE MED INC    
    12541W209 CH ROBINSON WORLDWID    
    149123101 CATERPILLAR INC    
    235851102 DANAHER CORP 9,919 17,742
    291011104 EMERSON ELECTRIC CO    
    655844108 NORFOLK SOUTHERN COR    
    907818108 UNION PACIFIC CORP    
    913017109 UNITED TECHNOLOGIES 9,096 11,845
    032654105 ANALOG DEVICES INC    
    177376100 CITRIX SYS INC COM 9,329 10,718
    192446102 COGNIZANT TECH SOLUT    
    315616102 F5 NETWORKS INC    
    57636Q104 MASTERCARD INC    
    595017104 MICROCHIP TECHNOLOGY    
    009158106 AIR PRODS & CHEMS IN    
    278865100 ECOLAB INC 1,995 3,240
    61166W101 MONSANTO CO    
    74005P104 PRAXAIR INC COM 10,360 14,122
    20030N200 COMCAST CORP-SPECIAL 2,834 7,426
    237194105 DARDEN RESTAURANTS    
    372460105 GENUINE PARTS CO 4,299 8,739
    459902102 INTERNATIONAL GAME T    
    500255104 KOHLS CORP 9,462 12,147
    855030102 STAPLES INC    
    872540109 TJX COS INC NEW 5,696 15,773
    194162102 COLGATE PALMOLIVE CO    
    13342B105 CAMERON INTL CORP 7,671 6,843
    25179M103 DEVON ENERGY CORPORA 10,717 8,998
    30231G102 EXXON MOBIL CORPORAT 10,477 11,741
    637071101 NATIONAL OILWELL VAR    
    674599105 OCCIDENTAL PETE CORP    
    025816109 AMERICAN EXPRESS CO    
    03076C106 AMERIPRISE FINL INC 5,527 12,961
    09247X101 BLACKROCK INC 10,415 22,526
    125581801 CIT GROUP INC. 12,035 14,540
    354613101 FRANKLIN RESOURCES    
    571748102 MARSH & MCLENNAN COS 8,427 15,226
    629491101 NYSE EURONEXT INC    
    744320102 PRUDENTIAL FINL INC    
    87236Y108 TD AMERITRADE HLDGS    
    89417E109 TRAVELERS COMPANIES,    
    002824100 ABBOTT LABS    
    00817Y108 AETNA INC-NEW    
    23918K108 DAVITA HEALTHCARE PA    
    50540R409 LABORATORY CRP OF AM    
    883556102 THERMO FISHER SCIENT    
    91324P102 UNITEDHEALTH GROUP I 7,636 18,196
    235851102 DANAHER CORP    
    774341101 ROCKWELL COLLINS 11,097 13,263
    94106L109 WASTE MGMT    
    037833100 APPLE INC    
    038222105 APPLIED MATERIALS IN 6,401 14,130
    219350105 CORNING INC    
    24702R101 DELL INC    
    285512109 ELECTRONIC ARTS INC    
    31620M106 FIDELITY NATL INFORM 7,021 14,119
    92826C839 VISA INC-CLASS A SHR 4,807 17,305
    984332106 YAHOO INC    
    460146103 INTERNATIONAL PAPER 6,339 11,948
    74005P104 PRAXAIR INC    
    156700106 CENTURYLINK, INC 10,904 12,903
    67019E107 NSTAR    
    976657106 WISCONSIN ENERGY COR 7,399 13,396
    00846U101 AGILENT TECHNOLOGIES 7,000 10,726
    04314H204 ARTISAN INTERNATIONA 171,313 332,487
    14040H105 CAPITAL ONE FINANCIA    
    194162103 COLGATE PALMOLIVE CO 4,457 8,095
    246248306 DELAWARE POOLED TR I 200,000 223,370
    25264S833 DIAMOND HILL LONG-SH    
    256206103 DODGE & COX INT'L ST 224,982 305,114
    367829884 GATEWAY FUND - Y #19    
    411511504 HARBOR CAPITAL APRCT 464,745 646,681
    44980Q518 ING INTERNATIONAL RE    
    464287465 ISHARES MSCI EAFE ET 1,043,487 1,585,612
    464287499 ISHARES RUSSELL MID- 328,491 958,977
    464287614 ISHARES RUSSELL 1000 417,553 613,434
    464287655 ISHARES RUSSELL 2000 440,416 1,032,919
    466001864 IVY ASSET STRATEGY F    
    4812A2207 JPMORGAN INTREPID GR    
    589509108 MERGER FD SH BEN INT    
    664397106 NORTHEAST UTILS 7,408 11,721
    713448108 PEPSICO INC 8,698 12,576
    722005667 PIMCO COMMODITY REAL    
    77954Q106 T ROWE PRICE BLUE CH 417,011 620,902
    78464A607 SPDR DOW JONES REIT 1,016,133 2,030,070
    784924425 SSGA EMERGING MARKET    
    832696405 JM SMUCKER CO 4,538 5,958
    900297763 TURNER MIDCAP GROWTH    
    922042858 VANGUARD FTSE EMERGI 467,745 613,106
    92276F100 VENTAS INC COM    
    92934R769 CRM MID CAP VALUE FD 180,240 222,549
    G47791101 INGERSOLL-RAND PLC 6,218 10,903
    00287Y109 ABBVIE INC 5,416 14,331
    026874784 AMERICAN INTERNATION 11,051 15,459
    126650100 CVS HEALTH CORPORATI 9,983 18,780
    172967424 CITIGROUP INC. 13,006 14,988
    22544R305 CREDIT SUISSE COMM R    
    277923728 EATON VANCE GLOBAL M 397,079 393,658
    37045V100 GENERAL MOTORS CO    
    38143H381 GOLDMAN SACHS COMM S    
    552983694 MFS VALUE FUND-CLASS 506,305 656,439
    683974505 OPPENHEIMER DEVELOPI    
    74925K581 ROBECO BP LNG/SHRT R 449,604 510,829
    779547108 T ROWE PRICE EQUITY 555,607 590,152
    901165100 TWEEDY BROWNE FD GLO 200,000 217,272
    G0176J109 ALLEGION PLC    
    G27823106 DELPHI AUTOMOTIVE PL    
    G7945M107 SEAGATE TECHNOLOGY 7,685 12,502
    M22465104 CHECK POINT SOFTWARE 9,114 12,493
    04314H600 ARTISAN MID CAP FUND 240,000 241,177
    13057Q107 CALIFORNIA RESOURCES 517 336
    517834107 LAS VEGAS SANDS CORP 3,663 3,490
    589509207 MERGER FUND-INST #30 450,000 446,546
    617446448 MORGAN STANLEY 10,185 12,416
    64128R608 NEUBERGER BERMAN LON 300,000 301,161
    683974604 OPPENHEIMER DEVELOPI 650,000 620,826
    73935S105 POWERSHARES DB COMMO 388,544 378,557
    92914A810 VOYA INTL RL EST FD 357,931 383,794

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    SHELTON H SHORT JR TRUST
    EIN: 54-6140127
    US Government Securities - End of Year Book Value:

    2,259,384
    US Government Securities - End of Year Fair Market Value:

    2,252,504
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2014 InvestmentsOtherSchedule2
    Name:
    SHELTON H SHORT JR TRUST
    EIN: 54-6140127
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    25264S833 DIAMOND HILL LONG -S      
    367829884 GATEWAY FUND      
    GRAHAM ALTERNATIVE INVESTMENT      
    466001864 IVY ASSET STRATEGY F      
    589509108 MERGER FD SH BEN INT      
    PARTNERS GROUP PRIVATE EQUITY      
    THE ENDOWMENT TEI FUND      
    44980Q518 ING INTERN RE      
    722005667 PIMCO COMMODITY      
    78464A607 SPDR DOW JONES      
    99RE97413 183 AC TM#053000A008      
    99RE97462 2 AC# 088000A012      
    99RE97744 20 AC # 081000A018      
    99RE97421 200.76 AC # 053000A0      
    99RE97405 222.97 AC # 035000A0      
    99RE97470 321.89 AC # 08800001      
    99RE97389 391.90 AC #035000A03      
    99RE97371 46.76 AC # 035000A03      
    99RE97454 6 AC #088000A005      
    9RE018009 701 OLD LOCKE LANE      
    99RE97447 779.09 AC # 088000A0      
    99RE97397 85 AC # 035000A037      
    693390304 PIMCO LOW DURATION F      
    72369B406 PIONEER HIGH YIELD F      
    922031737 VANGUARD INFLAT-PROT      
    94985D582 WELLS FARGO ADV. INT      
    693391559 PIMCO EMERG MKTS BD-      
    04314H105 ARTISAN FDS INC      
    92934R769 CRM MID CAP      
    26203E836 DREYFUS/THE BOSTON      
    26203E851 DREYFUS/THE BOSTON      
    464287655 ISHARES RUSSELL 2000      
    464287499 ISHARES TR RUSSELL      
    784924425 SSGA EMERGING MKT      
    74144Q203 T ROWE PRICE INSTIT      
    89155H793 TOUCHSTONE MID CAP F      
    949915367 WELLS FARGO ADV. ENT      
    04314H204 ARTISAN INTERN. FD      
    256206103 DODGE & COX INTERN      
    464287465 ISHARES MSCI EAFE      
    922042858 VANGUARD EMERGING MK      
    05964H105 BANCO SANTANDER CEN-      
    05964H105 BANCO SANTANDER CEN-      
    25243Q205 DIAGEO PLC      
    606822104 MITSUBISHI UFJ FINL      
    904784709 UNILEVER N.V.      
    92857W209 VODAFONE GROUP PLC      
    H27013103 WEATHERFORD INTNTL L      
    008916108 AGRIUM INC COM      
    042068106 ARM HOLDINGS PLC      
    G24140108 COOPER INDUSTRIES PL      
    G4412G101 HERBALIFE LTD      
    N53745100 LYONDELLBASELL INDUS      
    73755L107 POTASH CORP      
    8068571087 SCHLUMBERGER LTD      
    881624209 TEVA PHARMACEUTICAL      
    922031760 VANGUARD HIGH YIELD      
    315920702 FID ADV EMER MKTS IN      
    51855Q655 LAUDUS MONDRIAN INTL      
    693390882 PIMCO FOREIGN BD FD      
    900297763 TURNER MIDCAP GROWTH      
    246248306 DELAWARE POOLED TR      
    44980Q518 ING INTERNATIONAL RE      
    9RE001229      
    99RE97405 222.97 AC TM#035000A      
    99RE97413 183 ACTM# 053000A008      
    99RE97421 200.76 AC TM#053000A      
    99RE97462 2 AC TM#088000A012      
    99RE97744 20 AC TM#081000A018      
    9RE001229 113 DAN CIRCLE CLARK      
    99RE97470 321.89 AC TM#0880000      
    99RE97389 391.90 AC TM#035000A      
    99RE97371 46.76 AC TM#0305000A      
    99RE97454 6 AC TM#08000A005      
    99RE97447 779.09 AC TM#088000A      
    99RE97397 85 AC TM#035000A037      
    G1151C101 ACCENTURE PLC      
    042068106 ARM HOLDINGS PLC-ADR      
    Y0486S104 AVAGO TECHNOLOGIES      
    M22465104 CHECK POINT SOFTWARE      
    806857108 SCHLUMBERGER LTD      
    82481R106 SHIRE PLC      
    G47791101 INGERSOLL-RAND      
    92276F100 VENTAS INC      
    29299D444 THE ENDOWMENT TEI FU      
    70299RF16 PARTNERS GROUP PRIV AT COST 300,000 436,270
    GRA994205 GRAHAM ALT INV FD II      
    3137AWKH7 FED HOME LN MTG CORP AT COST 76,969 74,534
    34528QBP8 FORD CREDIT FLOORPLA AT COST 102,953 101,098
    3137A1Z71 FED HOME LN MTG CORP AT COST 75,690 77,479
    SKY990RF9 SKYBRIDGE MULTI-ADVI AT COST 250,000 246,558

    TY 2014 OtherAssetsSchedule
    Name:
    SHELTON H SHORT JR TRUST
    EIN: 54-6140127
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    34528QBP8 FORD CREDIT FLOORPLA   0 0
    99RE97371 46.76 AC TM #035000 135,650 135,650 86,489
    99RE97389 391.90 AC TM#035000 1,136,898 1,136,898 724,876
    99RE97397 85 AC TM#035000A037 246,584 246,584 157,220
    99RE97405 222.97 AC TM#035000 646,834 646,834 412,415
    99RE97413 183 AC TM#053000A00 534,711 534,711 320,450
    99RE97421 200.76 AC TM#053000 586,604 586,604 351,550
    99RE97447 779.09 AC TM#088000 2,171,366 2,171,366 1,717,396
    99RE97454 6 AC TM#088000A005 16,354 16,354 13,203
    99RE97462 2 AC TM#088000A012 5,494 5,494 4,401
    99RE97470 321.89 AC TM#088000 727,303 727,303 644,000
    99RE97744 20 AC TM#081000A018 92,483 92,483 61,000
    9RE001229 113 DAN CIRCLE CLARK   0 0


    TY 2014 OtherDecreasesSchedule
    Name:
    SHELTON H SHORT JR TRUST
    EIN: 54-6140127
    Description Amount
       
       
       
       


    TY 2014 OtherExpensesSchedule
    Name:
    SHELTON H SHORT JR TRUST
    EIN: 54-6140127
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NON-RENTAL EXPENSES 831 831   0
    EXPENSE ON MAINTENACE 18,800 0   18,800
    RENT AND ROYALTY EXPENSES   26,392   0
    Rent and Royalty Expense 26,392      


    TY 2014 OtherIncomeSchedule2
    Name:
    SHELTON H SHORT JR TRUST
    EIN: 54-6140127
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FEE REBATES 5,534 5,534  
    PARNTER GROUP PRIVATE K1 - ESTIMATE   19,801  
    ENDOWMENT FUND K1   20,121  


    TY 2014 OtherIncreasesSchedule
    Name:
    SHELTON H SHORT JR TRUST
    EIN: 54-6140127
    Description Amount
       
       
       


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    SHELTON H SHORT JR TRUST
    EIN: 54-6140127
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MGMT FEES-SUBJECT T 5,423 5,423    


    TY 2014 TaxesSchedule
    Name:
    SHELTON H SHORT JR TRUST
    EIN: 54-6140127
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX PAYMENT - PRIOR YE 10 0   0
    FOREIGN TAXES ON QUALIFIED FOR 7,288 7,288   0
    FOREIGN TAXES ON NONQUALIFIED 1,674 1,674   0