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
GILBERT & THYRA PLASS CHARITABLE TRUST
WELLS FARGO BANK TRUSTEE

Number and street (or P.O. box number if mail is not delivered to street address)1 W 4TH STREET MAC D4000-041   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WINSTONSALEM, NC27101
A Employer identification number

20-3705169
B Telephone number (see instructions)

(979) 776-3267
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$2,598,953J 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...... 65,709 64,390  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 591,321
b Gross sales price for all assets on line 6a 2,519,479
7 Capital gain net income (from Part IV, line 2)... 591,321
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........ 657,030 655,711  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 29,447 22,085   7,362
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 3,234 0   3,234
c Other professional fees (attach schedule).... Click to see attachment 3,955 0   3,955
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,659 1,659   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 13 13   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 38,308 23,757   14,551
25 Contributions, gifts, grants paid........ 100,000 100,000
26 Total expenses and disbursements. Add lines 24 and 25 138,308 23,757   114,551
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 518,722
b Net investment income (if negative, enter -0-) 631,954
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 277,143 135,351 135,351
3 Accounts receivable bullet8,287
Less: allowance for doubtful accounts bullet   1,315 8,287 8,287
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...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 578,696 Click to see attachment333,163 481,207
c Investments—corporate bonds (attach schedule)........ 99,168    
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,040,045 Click to see attachment2,037,969 1,974,108
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,996,367 2,514,770 2,598,953
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......... 1,996,367 2,514,770
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)...... 1,996,367 2,514,770
31 Total liabilities and net assets/fund balances (see instructions).. 1,996,367 2,514,770
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 1,996,367
2 Enter amount from Part I, line 27a..................... 2 518,722
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 675
4 Add lines 1, 2, and 3.......................... 4 2,515,764
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 994
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 2,514,770
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 3M CO   2011-03-09 2014-02-07
b 3M CO   2010-12-17 2014-06-11
c 3M CO   2011-03-09 2014-06-11
d 3M CO   2010-12-17 2014-08-07
e AFFILIATED MANAGERS GROUP   2011-03-09 2014-06-11
AFLAC INC   2011-03-09 2014-06-11
AMEX UTILITIES SPDR   2004-11-11 2014-02-18
AMEX UTILITIES SPDR   2003-10-27 2014-02-18
AMEX UTILITIES SPDR   2003-10-27 2014-02-18
ANHEUSER BUSCH INBEV   2011-09-02 2014-06-11
ANHEUSER BUSCH INBEV   2011-12-01 2014-06-11
APACHE CORPORATION   2011-03-09 2014-06-11
APACHE CORPORATION   2012-02-07 2014-06-11
APPLE COMPUTER   2013-01-29 2014-02-18
APPLE COMPUTER   2011-03-09 2014-02-18
AQR MANAGED FUTURES   2014-02-18 2014-06-10
ARTIO GLOBAL HIGH INCOME   2011-02-28 2014-06-10
ARTISAN INTERNATIONAL FUND   2004-11-15 2014-06-10
ARTISAN MID CAP FUND   2014-07-10 2014-10-28
ASG GLOBAL ALTERNATIVES   2014-02-18 2014-06-10
ASG GLOBAL ALTERNATIVES   2014-02-18 2014-07-08
BAXTER INTERNATIONAL   2013-08-19 2014-06-11
BERKSHIRE HATHAWAY   2011-03-09 2014-06-11
BERKSHIRE HATHAWAY   2012-04-11 2014-06-11
BHP BILLITON LIMITED   2011-04-13 2014-06-11
BHP BILLITON LIMITED   2011-03-09 2014-06-11
BHP BILLITON LIMITED   2011-03-09 2014-11-24
BHP BILLITON LIMITED   2010-12-17 2014-11-24
BLACKROCK INC   2014-06-11 2014-12-05
BOEING   2011-03-18 2014-06-11
CAPITAL ONE FINANCIAL   2011-03-09 2014-03-25
CELANESE CORP.   2011-06-13 2014-06-11
CHEVRON CORP.   2003-10-27 2014-06-11
CHEVRON CORP.   2003-10-27 2014-11-24
CISCO SYSTEMS   2004-11-11 2014-06-11
CISCO SYSTEMS   2012-05-21 2014-06-11
CITIGROUP   2014-03-25 2014-08-07
CITIGROUP   2014-03-25 2014-12-05
CME GROUP   2012-06-07 2014-06-11
CME GROUP   2012-08-30 2014-06-11
CME GROUP   2012-08-16 2014-06-11
COACH INC   2013-01-09 2014-06-11
COACH INC   2013-01-09 2014-06-25
COMCAST CORP CLASS A   2011-03-09 2014-06-11
CREDIT SUISSE COMM RT   2014-06-12 2014-07-08
CREDIT SUISSE COMM RT   2014-02-18 2014-07-08
CUMMINS INC   2013-11-14 2014-06-11
CUMMINS INC   2014-02-07 2014-06-11
CVS/CAREMARK CORP.   2004-11-11 2014-06-11
DIAGEO PLC   2010-12-17 2014-06-11
DIAGEO PLC   2011-03-09 2014-06-11
DIAMOND HILL LONG SHORT FD   2010-06-18 2014-02-18
DIAMOND HILL LONG SHORT FD   2009-03-18 2014-02-18
DIAMOND HILL LONG SHORT FD   2009-03-18 2014-06-10
DODGE & COX INCOME FD   2014-06-12 2014-07-08
DODGE & COX INCOME FD   2014-06-12 2014-10-28
DREYFUS EMG MKT DEBT LOC   2014-06-12 2014-07-08
DRIEHAUS ACTIVE INCOME FUND   2014-02-18 2014-07-08
E M C CORP MASS   2004-11-11 2014-06-11
EATON CORP   2012-12-03 2014-06-11
EATON CORP   2012-12-06 2014-06-11
EATON VANCE GLOBAL MACRO   2014-06-12 2014-10-28
EATON VANCE GLOBAL MACRO   2014-07-10 2014-10-28
EII INTERNATIONAL PROPERTY   2007-07-25 2014-02-18
FID ADV EMER MKTS INC   2014-06-12 2014-07-08
GILEAD SCIENCES   2011-12-08 2014-06-11
GILEAD SCIENCES   2011-12-08 2014-09-10
GOLDMAN SACHS GROUP   2011-03-09 2014-06-11
GOLDMAN SACHS GROUP   2010-12-17 2014-06-11
GOOGLE INC   2012-06-07 2014-06-11
GOOGLE INC   2012-01-24 2014-06-11
GOOGLE INC   2012-08-30 2014-06-11
GOOGLE INC   2012-08-30 2014-06-11
HARBOR INTERNATIONAL FD   2004-11-15 2014-06-10
HSBC ADR   2014-02-07 2014-06-11
HSBC ADR   2013-02-25 2014-06-11
HSBC ADR   2013-07-03 2014-06-11
HUSSMAN STRATEGIC GROWTH FUND   2010-06-18 2014-02-18
HUSSMAN STRATEGIC GROWTH FUND   2008-06-23 2014-02-18
IBM   2013-06-18 2014-06-11
IPATH DOW JONES - UBS COMMODITY INDEX   2011-09-20 2014-02-18
IPATH DOW JONES - UBS COMMODITY INDEX   2008-06-23 2014-02-18
ISHARES TR MSCI EMERGING MARKETS   2010-06-18 2014-06-10
ISHARES TR MSCI EMERGING MARKETS   2007-12-18 2014-06-10
ISHARES TR S&P MIDCAP 400   2010-01-12 2014-02-18
ISHARES TR S&P MIDCAP 400   2010-01-12 2014-06-10
ISHARES TR SMALLCAP 600 INDEX FD   2010-06-18 2014-02-18
ISHARES TR SMALLCAP 600 INDEX FD   2010-01-12 2014-02-18
ISHARES TR SMALLCAP 600 INDEX FD   2009-03-18 2014-06-10
ISHARES TR SMALLCAP 600 INDEX FD   2010-01-12 2014-06-10
JOHNSON CONTROLS   2011-07-11 2014-06-11
JOHNSON CONTROLS   2012-03-12 2014-06-11
JP MORGAN MID CAP VALUE   2014-07-10 2014-10-28
JPMORGAN CHASE   2011-03-09 2014-02-07
JPMORGAN CHASE   2011-03-09 2014-06-11
JPMORGAN CHASE   2011-10-12 2014-06-11
MCKESSON CORP   2012-11-07 2014-06-11
MERGER FD SH BEN INT   2014-02-18 2014-08-14
MERGER FD SH BEN INT   2014-06-12 2014-08-14
MICROSOFT CORP   2004-11-11 2014-06-11
MONSTER BEVERAGE   2013-01-22 2014-02-07
MONSTER BEVERAGE   2012-11-15 2014-06-11
MONSTER BEVERAGE   2013-01-22 2014-06-11
MONSTER BEVERAGE   2012-11-15 2014-09-10
NATIONAL OILWELL INC   2013-07-05 2014-09-10
NATIONAL OILWELL INC   2014-06-11 2014-09-10
NESTLE   2011-03-09 2014-06-11
NESTLE   2010-12-17 2014-06-11
NEUBERGER BERMAN LONG SH   2014-07-10 2014-10-28
NOW INC   2013-07-03 2014-06-11
NOW INC   2013-07-05 2014-06-11
NOW INC   2013-07-03 2014-06-17
NUVEEN HIGH YIELD MUNI BD   2014-06-12 2014-07-08
NUVEEN HIGH YIELD MUNI BD   2014-06-12 2014-10-28
NUVEEN HIGH YIELD MUNI BD   2014-06-12 2014-12-19
ORACLE CORP   2010-06-18 2014-06-11
PIMCO FOREIGN BD FD   2014-06-12 2014-07-08
PIMCO FOREIGN BD FD   2014-06-12 2014-10-28
PRINCIPAL GL MULT STRAT   2014-08-14 2014-10-28
ROBECO BP LNG/SHT   2014-02-18 2014-06-10
SBC COMMUNICATIONS   2007-10-20 2014-09-15
SCHLUMBERGER   2011-03-09 2014-06-11
T ROWE PRICE INST FLOAT RATE   2014-06-12 2014-07-08
TARGET   2011-03-09 2014-06-11
TARGET   2004-11-11 2014-06-11
TARGET   2013-08-30 2014-06-11
TARGET   2011-06-29 2014-12-18
TARGET   2004-11-11 2014-12-18
TEMPLETON GLOBAL BOND FD   2007-12-18 2014-06-10
THERMO FISHER SCIENTIFIC   2011-03-09 2014-06-11
THERMO FISHER SCIENTIFIC   2011-04-13 2014-06-11
TJX COS   2011-06-29 2014-02-07
TJX COS   2011-06-29 2014-06-11
TOTAL FINA ELF   2012-07-05 2014-06-11
UNION PACIFIC   2010-06-18 2014-06-11
UNITED PARCEL SERVICE   2011-08-12 2014-06-11
UNITEDHEALTH GROUP   2013-04-03 2014-06-11
UNITEDHEALTH GROUP   2010-06-18 2014-06-11
US BANCORP   2011-03-09 2014-06-11
US BANCORP   2003-10-27 2014-06-11
VANGUARD REIT VIPER   2014-07-08 2014-10-28
VANGUARD REIT VIPER   2014-06-10 2014-10-28
WALT DISNEY   2011-03-09 2014-02-07
WALT DISNEY   2011-03-09 2014-06-11
WALT DISNEY   2011-03-09 2014-09-10
WELLS FARGO ADV EMG MK   2014-06-13 2014-07-08
WELLS FARGO ADV HI INC   2014-06-12 2014-07-08
WELLS FARGO ADV SP S/C   2014-06-12 2014-07-08
WELLS FARGO ADV TOT RT BD FD   2014-06-13 2014-07-08
WELLS FARGO ADV TOT RT BD FD   2014-06-13 2014-10-28
WELLS FARGO INTL ADV FUND   2014-06-12 2014-07-08
WF ADV SHORT TERM BOND FUND   2014-06-12 2014-07-08
WF ADV SHORT TERM BOND FUND   2014-06-12 2014-10-28
WFA SMALL COMPANY GROWTH   2014-06-12 2014-07-08
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 6,633   4,757 1,876
b 7,652   4,564 3,088
c 1,444   933 511
d 6,259   3,875 2,384
e 10,925   5,874 5,051
17,303   15,791 1,512
19,358   13,148 6,210
928   507 421
1,412   771 641
8,986   4,357 4,629
3,707   1,974 1,733
9,243   11,720 -2,477
1,429   1,564 -135
5,482   4,586 896
32,894   21,130 11,764
25,099   25,275 -176
39,389   39,943 -554
161,112   108,980 52,132
1,393   1,358 35
10,482   10,464 18
12,926   12,984 -58
11,131   10,865 266
15,500   10,411 5,089
2,946   1,820 1,126
3,184   4,690 -1,506
2,845   3,872 -1,027
168   277 -109
3,138   4,974 -1,836
6,920   5,915 1,005
12,857   6,637 6,220
17,628   11,571 6,057
8,674   6,281 2,393
9,518   2,772 6,746
6,343   1,970 4,373
11,184   8,363 2,821
3,278   2,186 1,092
4,179   4,381 -202
6,555   5,891 664
3,375   2,574 801
3,516   2,729 787
4,219   3,218 1,001
6,354   9,497 -3,143
3,983   6,184 -2,201
15,523   7,505 8,018
15,714   15,900 -186
23,079   23,048 31
1,585   1,324 261
9,035   7,660 1,375
13,524   4,089 9,435
2,177   1,247 930
7,042   4,280 2,762
43,594   30,000 13,594
2,504   1,409 1,095
53,475   28,591 24,884
24,619   24,708 -89
21,059   21,089 -30
26,923   27,210 -287
52,605   52,656 -51
7,675   3,675 4,000
8,509   5,755 2,754
2,033   1,362 671
39,216   39,234 -18
335   335 0
47,811   60,000 -12,189
601   600 1
12,109   2,922 9,187
3,779   682 3,097
4,123   4,077 46
4,453   4,416 37
2,833   1,458 1,375
8,499   4,353 4,146
2,266   1,370 896
2,230   1,366 864
148,304   82,338 65,966
208   207 1
8,057   8,457 -400
4,262   4,290 -28
33,623   45,000 -11,377
31,644   50,000 -18,356
6,919   7,799 -880
22,335   26,644 -4,309
11,694   21,192 -9,498
32,997   30,027 2,970
67,136   75,132 -7,996
48,799   26,652 22,147
210,735   110,445 100,290
19,324   10,559 8,765
42,729   22,129 20,600
88,791   28,808 59,983
55,508   27,911 27,597
4,270   3,548 722
6,951   4,450 2,501
946   945 1
2,497   2,102 395
10,067   8,245 1,822
2,917   1,704 1,213
13,444   6,827 6,617
12,561   12,300 261
26,751   26,800 -49
9,384   6,909 2,475
2,527   1,783 744
3,925   2,493 1,432
2,663   1,831 832
1,463   712 751
568   449 119
1,785   1,679 106
9,124   6,569 2,555
928   693 235
1,744   1,752 -8
775   647 128
1,031   873 158
8   7 1
467   468 -1
1,682   1,640 42
43,737   42,492 1,245
11,140   6,049 5,091
906   902 4
1,655   1,620 35
231   232 -1
65,595   63,187 2,408
100,000   99,168 832
15,011   12,554 2,457
383   391 -8
114   104 10
7,722   6,826 896
3,203   3,548 -345
373   234 139
4,396   2,983 1,413
100,886   86,937 13,949
4,319   2,025 2,294
5,998   2,753 3,245
2,490   1,093 1,397
8,325   3,905 4,420
10,430   6,726 3,704
17,459   6,494 10,965
9,316   5,945 3,371
4,013   3,101 912
11,318   4,412 6,906
4,549   2,950 1,599
7,296   4,483 2,813
1,319   1,272 47
5,044   4,817 227
2,491   1,425 1,066
15,174   7,771 7,403
986   475 511
901   895 6
559   559 0
1,311   1,292 19
25,417   25,356 61
22,422   22,158 264
788   784 4
4,026   4,026 0
16,954   16,954 0
2,331   2,290 41
36,867     36,867
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       1,876
b       3,088
c       511
d       2,384
e       5,051
      1,512
      6,210
      421
      641
      4,629
      1,733
      -2,477
      -135
      896
      11,764
      -176
      -554
      52,132
      35
      18
      -58
      266
      5,089
      1,126
      -1,506
      -1,027
      -109
      -1,836
      1,005
      6,220
      6,057
      2,393
      6,746
      4,373
      2,821
      1,092
      -202
      664
      801
      787
      1,001
      -3,143
      -2,201
      8,018
      -186
      31
      261
      1,375
      9,435
      930
      2,762
      13,594
      1,095
      24,884
      -89
      -30
      -287
      -51
      4,000
      2,754
      671
      -18
      0
      -12,189
      1
      9,187
      3,097
      46
      37
      1,375
      4,146
      896
      864
      65,966
      1
      -400
      -28
      -11,377
      -18,356
      -880
      -4,309
      -9,498
      2,970
      -7,996
      22,147
      100,290
      8,765
      20,600
      59,983
      27,597
      722
      2,501
      1
      395
      1,822
      1,213
      6,617
      261
      -49
      2,475
      744
      1,432
      832
      751
      119
      106
      2,555
      235
      -8
      128
      158
      1
      -1
      42
      1,245
      5,091
      4
      35
      -1
      2,408
      832
      2,457
      -8
      10
      896
      -345
      139
      1,413
      13,949
      2,294
      3,245
      1,397
      4,420
      3,704
      10,965
      3,371
      912
      6,906
      1,599
      2,813
      47
      227
      1,066
      7,403
      511
      6
      0
      19
      61
      264
      4
      0
      0
      41
      36,867
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 2 591,321
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 83,180 2,453,005 0.033909
2012 145,221 2,287,646 0.063481
2011 154,259 2,365,065 0.065224
2010 159,002 2,326,772 0.068336
2009 151,512 2,153,721 0.070349
2 Total of line 1, column (d) ...................... 2 0.301299
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 0.060260
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 2,626,596
5 Multiply line 4 by line 3....................... 5 158,279
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 6,320
7 Add lines 5 and 6......................... 7 164,599
8 Enter qualifying distributions from Part XII, line 4.............. 8 114,551
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 12,639
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 12,639
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 12,639
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 1,009
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 11,632
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,641
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 2
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
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)
    bulletTX
    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 ofbulletWELLS FARGO BANK NA Telephone no.bullet (979) 776-3267
    Located atbullet3000 BRIARCREST DR STE 200BRYANTX ZIP+4bullet77802
    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
    Yes
     
    .........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
     
     
    .........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
    5.00     		29,447 0 0
    PO DRAWER 913
    BRYAN,TX77805
    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
    2,469,467
    b
    Average of monthly cash balances.......................
    1b
    197,128
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,666,595
    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
    2,666,595
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    39,999
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,626,596
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    131,330
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    131,330
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    12,639
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    12,639
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    118,691
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    118,691
    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
    118,691
    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
    114,551
    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
    114,551
    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
    114,551
    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 7 118,691
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    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....... 6,466
    e From 2013.......  
    fTotal of lines 3a through e......... 6,466
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 114,551
    a Applied to 2013, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2014 distributable amount..... 114,551
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014. 4,140 4,140
    (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 2,326
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		2,326
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012.... 2,326
    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:
    WELLS FARGO BANK TRUST DEPARTMENT
    PO DRAWER 913
    BRYAN,TX77805
    (979) 776-3267
    bThe form in which applications should be submitted and information and materials they should include:
    ORGANIZATIONS ARE TO SUBMIT REQUESTS ON BANK TRUST DEPARTMENT'S GRANT APPLICATION AVAILABLE AT HTTPS://WWW.WELLSFARGO.COM/PRIVATEFOUNDATIONGRANTS/PLASS.
    cAny submission deadlines:
    JULY 31 OF EACH YEAR
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    RESTRICTED TO CHARITABLE ORGANIZATIONS IN THE BRAZOS COUNTY, TX AREA
    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
    BOYS & GIRLS CLUB
    PO BOX 524
    BRYAN,TX77806     		N/A CHARITY FOR CHARITABLE PURPOSES 3,000
    BRAZOS COUNTY RAPE CRISIS
    PO BOX 3082
    BRYAN,TX77805     		N/A CHARITY FOR CHARITABLE PURPOSES 1,500
    BRAZOS VALLEY FOOD BANK
    380 INDUSTRIAL BLVD
    BRYAN,TX77801     		N/A CHARITY FOR CHARITABLE PURPOSES 15,000
    BRAZOS VALLEY HOSPICE
    2729A EAST 29TH ST
    BRYAN,TX77802     		N/A CHARITY FOR CHARITABLE PURPOSES 10,000
    BRAZOS VALLEY REHABILITATION CENTER
    1318 MEMORIAL DR
    BRYAN,TX77802     		N/A CHARITY FOR CHARITABLE PURPOSES 2,000
    BRAZOS VALLEY SYMPHONY SOCIETY
    PO BOX 3524
    BRYAN,TX77805     		N/A ARTS ARTS & EDUCATIONAL PROGRAMS 10,000
    BRYAN-COLLEGE STATION PUBLIC LIBRARY
    PO BOX 1000
    BRYAN,TX77805     		N/A CHARITY FOR CHARITABLE PURPOSES 1,000
    KAMU-TVFM
    4244 TAMU
    COLLEGE STATION,TX77843     		N/A CHARITY FOR CHARITABLE PURPOSES 5,000
    ST ANDREWS EPISCOPAL CHURCH
    217 W 26TH STREET
    BRYAN,TX77806     		N/A CHARITY FOR CHARITABLE PURPOSES 25,000
    TWIN CITY MISSION
    PO BOX 3490
    BRYAN,TX77805     		N/A CHARITY FOR CHARITABLE PURPOSES 7,000
    UNITY PARTNERS
    PO BOX 2812
    BRYAN,TX77805     		N/A CHARITY FOR CHARITABLE PURPOSES 2,000
    VOICES FOR CHILDREN
    115 NORTH MAIN STREET
    BRYAN,TX77803     		N/A CHARITY FOR CHARITABLE PURPOSES 2,000
    BRAZOS MATERNAL & CHILD HEALTH CLINIC INC
    3370 SOUTH TEXAS AVENUE STE G
    BRYAN,TX77802     		  CHARITY FOR CHARITABLE PURPOSES 2,000
    SCOTTY'S HOUSE
    2424 KENT ST
    BRYAN,TX77802     		  CHARITY FOR CHARITABLE PURPOSES 2,000
    HEALTH FOR ALL
    3030 E 29TH ST 111
    BRYAN,TX77802     		  CHARITY FOR CHARITABLE PURPOSES 12,500
    Total .................................bullet 3a 100,000
    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 65,709  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 591,321  
    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).. 0 657,030 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13657,030
    (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:
    GILBERT & THYRA PLASS CHARITABLE TRUST
    WELLS FARGO BANK TRUSTEE
    EIN: 20-3705169
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,234 0   3,234

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    GILBERT & THYRA PLASS CHARITABLE TRUST
    WELLS FARGO BANK TRUSTEE
    EIN: 20-3705169
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AFFILIATED MANAGERS GROUP 5,275 10,188
    ANHEUSER BUSCH 6,007 10,446
    APACHE CORP 10,638 7,959
    APPLE INC 23,944 28,037
    BAXTER INT'L 8,720 9,454
    BERKSHIRE HATHAWAY 10,272 18,018
    BOEING 10,231 14,558
    CELANESE CORP 9,296 10,973
    CISCO SYSTEMS INC 8,445 13,741
    CME GROUP INC 7,799 11,879
    COMCAST CORP 7,397 14,270
    CUMMINS INC 13,567 14,417
    CVS HEALTH CORP 4,776 14,350
    DIAGEO PLC 5,091 7,074
    EATON CORP 6,160 7,815
    EMC CORP MASS 6,044 9,457
    GILEAD SCIENCES 1,539 7,447
    GOLDMAN SACHS GROUP 6,364 7,947
    GOOGLE INC 7,437 12,107
    HSBC - ADR 10,739 9,824
    IBM 5,746 4,492
    JOHNSON CONTROLS 6,112 9,040
    JP MORGAN CHASE & CO 6,908 13,893
    MCKESSON CORP 6,614 12,662
    MICROSOFT CORP 7,417 10,544
    MONSTER BEVERAGE 4,306 8,668
    NATIONAL OILWELL VARCO 13,138 13,499
    NESTLE S.A. 6,533 8,097
    ORACLE CORP. 5,544 9,714
    SCHLUMBERGER LTD 13,849 13,495
    TARGET CORP 7,543 11,083
    THERMO FISHER SCIENTIFIC 4,716 8,896
    TJX COS 4,749 10,493
    TOTAL S.A. 8,186 8,704
    UNION PACIFIC CORP. 7,279 17,036
    UNITED PARCEL SERVICE 5,642 8,671
    UNITEDHEALTH GROUP INC 6,801 16,983
    US BANCORP DEL NEW 6,679 10,563
    WALT DISNEY 7,289 14,976
    LAS VEGAS SAND CORP 10,157 9,480
    BLACKROCK INC 6,849 7,866
    CITIGROUP 11,365 12,391

    TY 2014 InvestmentsOtherSchedule2
    Name:
    GILBERT & THYRA PLASS CHARITABLE TRUST
    WELLS FARGO BANK TRUSTEE
    EIN: 20-3705169
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    DODGE & COX INCOME FD AT COST 129,003 137,027
    ISHARES S&P 500 VALUE ETF AT COST 26 47
    SPDR S&P MIDCAP 400 ETF TRUST AT COST 49 132
    VANGUARD REIT VIPER AT COST 53,470 93,636
    T ROWE PRICE INST FLOAT RATE AT COST 41,701 40,650
    WELLS FARGO ADVANTAGE CORE BOND FUND AT COST 136,585 138,538
    WELLS FARGO ADVANTAGE HIGH INCOME FUND AT COST 91,157 87,942
    WELLS FARGO ADVANTAGE SHORT TERM BOND FUND AT COST 107,620 106,812
    DREYFUS EMERGING MARKETS DEBT LOCAL CURRENCY FUND AT COST 68,134 58,120
    FIDELITY ADVISORS EMERGING MARKETS INCOME FUND AT COST 39,563 36,477
    PIMCO FOREIGN BOND FUND AT COST 56,478 55,959
    WELLS FARGO ADVANTAGE INTERNATIONAL BOND FUND AT COST 59,624 55,474
    ARTISAN MID CAP FUND AT COST 95,908 91,618
    JP MORGAN MID CAP VALUE FUND AT COST 96,820 96,596
    WELLS FARGO ADVANTAGE SPECIAL SMALL CAP VALUE FUND AT COST 50,359 43,680
    WFA SMALL COMPANY GROWTH AT COST 49,702 50,506
    INVESCO INTERNATIONAL GROWTH FUND AT COST 137,165 124,739
    TEMPLETON FOREIGN FUND ADVISOR AT COST 142,782 115,719
    VANGUARD FTSE EMERGING MARKETS ETF AT COST 45,099 41,261
    WELLS FARGO ADVANTAGE EMERGING MARKETS EQUITY FUND AT COST 134,532 121,664
    AQR MANAGED FUTURES STRATEGY FUND AT COST 38,452 39,340
    ASG GLOBAL ALTERNATIVES FUND AT COST 52,798 52,573
    DRIEHAUS ACTIVE INCOME FUND AT COST 52,775 50,829
    NEUBERGER BERMAN LONG SHORT FUND AT COST 90,632 90,562
    THE MERGER FUND AT COST 38,740 37,674
    PRINCIPAL GLOBAL MULTI STRATEGY FUND AT COST 25,768 25,628
    CREDIT SUISSE COMMODITY RETURN STRATEGY FUND AT COST 112,783 91,820
    SPDR DJ WILSHIRE INTERNATIONL REAL ESTATE ETF AT COST 90,244 89,085

    TY 2014 OtherDecreasesSchedule
    Name:
    GILBERT & THYRA PLASS CHARITABLE TRUST
    WELLS FARGO BANK TRUSTEE
    EIN: 20-3705169
    Description Amount
       
       


    TY 2014 OtherExpensesSchedule
    Name:
    GILBERT & THYRA PLASS CHARITABLE TRUST
    WELLS FARGO BANK TRUSTEE
    EIN: 20-3705169
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR FEES 13 13   0


    TY 2014 OtherIncreasesSchedule
    Name:
    GILBERT & THYRA PLASS CHARITABLE TRUST
    WELLS FARGO BANK TRUSTEE
    EIN: 20-3705169
    Description Amount
       


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    GILBERT & THYRA PLASS CHARITABLE TRUST
    WELLS FARGO BANK TRUSTEE
    EIN: 20-3705169
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GRANT ADMINISTRATION FEES 3,955 0   3,955


    TY 2014 TaxesSchedule
    Name:
    GILBERT & THYRA PLASS CHARITABLE TRUST
    WELLS FARGO BANK TRUSTEE
    EIN: 20-3705169
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 1,659 1,659   0