TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2014

Open to Public Inspection

For calendar year 2014, or tax year beginning 2014, and ending , 20

Name of foundation
ALH FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)20 SOUTH CHARLES STREET Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BALTIMORE, MD21201

A Employer identification number

52-6034744

B Telephone number (see instructions)

(412) 762-3792

C If exemption application is pending, check here bullet

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

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

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

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

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

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

$2,423,772J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	51,666		51,666
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		188,783
b	Gross sales price for all assets on line 6a 1,354,116
7	Capital gain net income (from Part IV, line 2)...			188,783
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).......		434	434
12	Total. Add lines 1 through 11........	240,883		240,883
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........		1,544	0	0	1,544
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		17,320	17,320		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		4,960	212		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........	92		0	0	92
23	Other expenses (attach schedule).......		553	500		53
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	24,469		18,032	0	1,689
25	Contributions, gifts, grants paid........	117,550				117,550
26	Total expenses and disbursements. Add lines 24 and 25	142,019		18,032	0	119,239
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	98,864
b	Net investment income (if negative, enter -0-)			222,851
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2014)

Form 990-PF (2014)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	117,589	167,103	167,103
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........	763,057	764,482	1,066,587
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	1,107,276	1,123,005	1,190,082
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,987,922	2,054,590	2,423,772
	17	Accounts payable and accrued expenses..........
	18	Grants payable..................
	19	Deferred revenue..................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	1,925,274	2,052,506
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	62,648	2,084
	30	Total net assets or fund balances (see instructions)......	1,987,922	2,054,590
	31	Total liabilities and net assets/fund balances (see instructions)..	1,987,922	2,054,590

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	1,987,922
2	Enter amount from Part I, line 27a.....................	2	98,864
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	2,086,786
5	Decreases not included in line 2 (itemize)	5	32,196
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	2,054,590

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	159. BAXTER INTERNATIONAL INC			2014-01-01
b	971. FORD MTR CO DEL COM PAR $0.01			2014-01-01
c	13. ISHARES TR S&P SMLCAP 600		2013-10-31	2014-01-01
d	11. SECTOR SPDR TR SBI CYCL TRANS		2013-10-31	2014-01-01
e	600. INDUSTRIAL SELECT SECTOR SPDR ETF LARGE CAP		2013-10-31	2014-01-01
	1. LOCKHEED MARTIN CORP		2001-01-01	2014-01-08
	246. BEST BUY INC		2013-09-19	2014-01-17
	213. EBAY INC		2011-02-15	2014-01-30
	558. HEALTH CARE SELECT SECTOR ETF LARGE CAP		2013-12-31	2014-01-31
	322. CITIGROUP INC			2014-02-07
	191. OMNICARE INC		2013-12-12	2014-02-20
	46. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4		2013-09-04	2014-02-20
	1. ISHARES TR S&P SMLCAP 600		2014-01-31	2014-02-28
	17. SECTOR SPDR TR SBI CYCL TRANS		2013-10-31	2014-02-28
	587. INDUSTRIAL SELECT SECTOR SPDR ETF LARGE CAP		2014-01-31	2014-02-28
	79. NU SKIN ENTERPRISES INC		2013-12-17	2014-03-05
	93. PROCTER & GAMBLE CO			2014-03-05
	63. CELGENE CORP		2013-09-04	2014-03-13
	93. PVH CORP			2014-03-13
	431.847 EAGLE SMALL CAP GROWTH FUND CL I		2012-11-01	2014-03-14
	1159.657 THIRD AVENUE INTERNATL VALUE FUND 448		2012-11-01	2014-03-14
	89. PPG INDS INC COM			2014-03-19
	66. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115		2013-11-12	2014-03-21
	163. CHUBB CORP COM			2014-03-21
	231. HALLIBURTON CO		2013-05-01	2014-03-31
	158. NIKE INC CL B		2013-03-13	2014-04-03
	75. GOLDMAN SACHS GROUP INC COM			2014-04-10
	1. HEALTHSOUTH CORP COM		2001-01-01	2014-04-21
	22. HEALTH CARE SELECT SECTOR ETF LARGE CAP		2014-02-28	2014-04-30
	460. SECTOR SPDR TR SBI CYCL TRANS			2014-04-30
	688. FIFTH THIRD BANCORP			2014-05-02
	185. HERSHEY FOODS CORP COM			2014-05-06
	41. ALLERGAN INC		2009-06-23	2014-05-14
	59. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4		2013-09-04	2014-05-14
	349. COCACOLA CO			2014-05-15
	19. AETNA INC NEW		2013-05-30	2014-05-16
	4. ALLERGAN INC		2009-06-23	2014-05-16
	28. ALTRIA GROUP INC		2013-05-13	2014-05-16
	11. AMERICAN EXPRESS CO		2011-06-03	2014-05-16
	7. AMGEN INC		2014-01-17	2014-05-16
	6. APPLE INC		2013-11-26	2014-05-16
	10. B/E AEROSPACE INC		2013-05-01	2014-05-16
	8. BECTON DICKINSON & CO		2013-03-13	2014-05-16
	9. BOEING CO			2014-05-16
	18. CBS CORP CLASS B WI		2013-05-15	2014-05-16
	19. CVS CAREMARK CORP		2013-02-21	2014-05-16
	7. CHEVRON CORPORATION		2010-07-16	2014-05-16
	65. CISCO SYS INC COM		2011-11-11	2014-05-16
	16. COCA COLA ENTERPRISES		2014-03-05	2014-05-16
	28. COMCAST CORPORATION CL A		2011-10-12	2014-05-16
	14. CONOCOPHILLIPS		2013-08-28	2014-05-16
	13. CONSTELLATION BRANDS INC CL A		2014-05-15	2014-05-16
	40. DELTA AIR LINES INC		2013-07-25	2014-05-16
	21. DISNEY WALT CO		2014-02-20	2014-05-16
	16. DISCOVER FINANCIAL W/I		2012-07-27	2014-05-16
	10. EOG RES INC		2014-03-31	2014-05-16
	11. EXXON MOBIL CORP		2009-06-23	2014-05-16
	10. FOOT LOCKER INC		2014-04-03	2014-05-16
	15. FRANKLIN RES INC COM		2013-06-04	2014-05-16
	80. GENERAL ELEC CO COM		2012-09-21	2014-05-16
	12. GILEAD SCIENCES INC COM		2014-05-14	2014-05-16
	8. HANESBRANDS INC - W/I		2014-03-13	2014-05-16
	9. HELMERICH & PAYNE INC COM		2013-02-25	2014-05-16
	13. HOME DEPOT INC COM		2012-01-09	2014-05-16
	27. J P MORGAN CHASE & CO COM		2009-06-23	2014-05-16
	19. JOHNSON & JOHNSON COM		2009-06-11	2014-05-16
	24. KROGER CO		2014-05-06	2014-05-16
	12. LAS VEGAS SANDS CORP		2013-10-22	2014-05-16
	6. LINCOLN NATIONAL CORP		2013-12-17	2014-05-16
	6. LOCKHEED MARTIN CORP		2013-11-22	2014-05-16
	16. MAGNA INTERNATIONAL ISIN CA5592224011		2013-12-30	2014-05-16
	8. MANPOWER GROUP INC		2013-12-17	2014-05-16
	8. MCKESSON HBOC INC COMMN			2014-05-16
	13. METHANEX CORP SEDOL 2654416		2013-11-18	2014-05-16
	28. MICROSOFT CORP		2014-03-31	2014-05-16
	45. ORACLE CORP		2013-11-26	2014-05-16
	17. PACKAGING CORP OF AMERICA COM		2014-03-19	2014-05-16
	7. POLARIS INDS INC		2012-05-02	2014-05-16
	17. PROCTER & GAMBLE CO			2014-05-16
	15. QUALCOMM			2014-05-16
	17. QUANTA SVCS INC		2014-03-21	2014-05-16
	61. REGIONS FINANCIAL CORP		2013-07-01	2014-05-16
	11. ST JUDE MEDICAL INC		2014-02-20	2014-05-16
	17. SCHLUMBERGER LTD COM		2014-03-31	2014-05-16
	10. SHIRE PLC SPONSORED ADR		2013-08-20	2014-05-16
	5. SKYWORKS SOLUTIONS INC COM		2014-03-21	2014-05-16
	19. SUNTRUST BANKS INC COM		2014-02-07	2014-05-16
	10. THE TRAVELERS COS INC		2014-05-02	2014-05-16
	5. UNION PAC CORP COM		2010-03-30	2014-05-16
	9. UNITED TECHNOLOGIES CORP COM			2014-05-16
	23. VERIZON COMMUNICATIONS COM		2013-05-15	2014-05-16
	4. VISA INC CLASS A SHARES		2013-02-11	2014-05-16
	39. WELLS FARGO & CO NEW COM		2012-01-23	2014-05-16
	30. WISCONSIN ENERGY CORP		2009-06-23	2014-05-16
	14. WYNDHAM WORLDWIDE CORP		2014-01-17	2014-05-16
	27. YAHOO! INC COM		2013-07-22	2014-05-16
	9. ZIMMER HOLDINGS INC		2014-03-13	2014-05-16
	20. INVESCO LTD ISIN BMG491BT1088 SEDOL B28XP76		2013-05-08	2014-05-16
	9. ACE LIMITED ISIN CH0044328745 SEDOL B3BQMF6		2014-04-10	2014-05-16
	11. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182		2014-01-30	2014-05-16
	22. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7		2013-11-26	2014-05-16
	109. CHEVRON CORPORATION			2014-05-23
	146. METHANEX CORP SEDOL 2654416		2013-11-18	2014-06-03
	142. B/E AEROSPACE INC		2013-05-01	2014-06-06
	7. GOOGLE INC-CL C NAME CHANGE 10/02/2015			2014-06-06
	14. GOOGLE INC-CL C NAME CHANGE 10/02/2015		2009-06-23	2014-06-06
	10. AETNA INC NEW		2013-05-30	2014-06-25
	3. ALLERGAN INC		2009-06-23	2014-06-25
	14. ALTRIA GROUP INC		2013-05-13	2014-06-25
	121.144 AMERICAN BEACON L/C VALU IS		2012-11-01	2014-06-25
	8. AMERICAN EXPRESS CO			2014-06-25
	7. AMGEN INC		2014-01-17	2014-06-25
	15. APPLE INC		2013-11-26	2014-06-25
	178.383 ARTISAN FDS INC INTERNATIONAL		2012-11-01	2014-06-25
	5. BECTON DICKINSON & CO		2013-03-13	2014-06-25
	5. BOEING CO		2012-07-30	2014-06-25
	5. CBS CORP CLASS B WI		2013-05-15	2014-06-25
	9. CVS CAREMARK CORP		2013-02-21	2014-06-25
	14. COCA COLA ENTERPRISES		2014-03-05	2014-06-25
	8. COMCAST CORPORATION CL A		2011-10-12	2014-06-25
	9. CONOCOPHILLIPS		2014-05-23	2014-06-25
	4. CONSTELLATION BRANDS INC CL A		2014-05-15	2014-06-25
	7. CROWN HOLDINGS INC		2014-06-06	2014-06-25
	21. DELTA AIR LINES INC		2013-07-25	2014-06-25
	12. DISNEY WALT CO		2014-02-20	2014-06-25
	9. DISCOVER FINANCIAL W/I		2012-07-27	2014-06-25
	213.29 DODGE & COX INTERNATIONAL STOCK FUND		2010-04-06	2014-06-25
	7. EOG RES INC			2014-06-25
	4. EASTMAN CHEM CO		2014-06-03	2014-06-25
	5. EXXON MOBIL CORP		2009-06-23	2014-06-25
	10. FOOT LOCKER INC		2014-04-03	2014-06-25
	13. FRANKLIN RES INC COM		2013-06-04	2014-06-25
	37. GENERAL ELEC CO COM		2012-09-21	2014-06-25
	6. GILEAD SCIENCES INC COM		2014-05-14	2014-06-25
	152.832 GOLDMAN SACHS GRTH OPPOR INSTIT CLASS		2012-11-01	2014-06-25
	7. HANESBRANDS INC - W/I		2014-03-13	2014-06-25
	128.408 HARDING LOEVNER INTERNATIONAL EQUITY PORTFOLIO		2012-11-01	2014-06-25
	9. HELMERICH & PAYNE INC COM		2013-02-25	2014-06-25
	4. HOME DEPOT INC COM		2012-01-09	2014-06-25
	11. ISHARES TR S&P SMLCAP 600			2014-06-25
	31. ISHARES TR S&P SMLCP VALU		2012-11-01	2014-06-25
	18. J P MORGAN CHASE & CO COM		2009-06-23	2014-06-25
	7. JOHNSON & JOHNSON COM		2009-06-11	2014-06-25
	15. KROGER CO		2014-05-06	2014-06-25
	4. LAS VEGAS SANDS CORP		2013-10-22	2014-06-25
	22. LINCOLN NATIONAL CORP		2013-12-17	2014-06-25
	3. LOCKHEED MARTIN CORP		2013-11-22	2014-06-25
	5. MAGNA INTERNATIONAL ISIN CA5592224011		2013-12-30	2014-06-25
	461.674 MAINSTAY EPOCH GLOBAL EQUITY YIELD FUND CLASS I		2013-08-28	2014-06-25
	9. MANPOWER GROUP INC		2013-12-17	2014-06-25
	4. MCKESSON HBOC INC COMMN		2013-10-28	2014-06-25
	22. MICROSOFT CORP		2014-03-31	2014-06-25
	15. ORACLE CORP		2013-11-26	2014-06-25
	7. PACKAGING CORP OF AMERICA COM		2014-03-19	2014-06-25
	6. POLARIS INDS INC		2012-05-02	2014-06-25
	9. PROCTER & GAMBLE CO		2012-11-14	2014-06-25
	8. QUALCOMM		2012-01-09	2014-06-25
	12. QUANTA SVCS INC		2014-03-21	2014-06-25
	48. REGIONS FINANCIAL CORP		2013-07-01	2014-06-25
	86.28 ROWE T PRICE VALUE FD INC COM		2013-08-28	2014-06-25
	31.454 T ROWE PRICE REAL ESTATE FUND FD 122		2012-11-01	2014-06-25
	7. ST JUDE MEDICAL INC		2014-02-20	2014-06-25
	10. SCHLUMBERGER LTD COM		2014-03-31	2014-06-25
	20. HEALTH CARE SELECT SECTOR ETF LARGE CAP		2014-02-28	2014-06-25
	16. INDUSTRIAL SELECT SECTOR SPDR ETF LARGE CAP		2014-04-30	2014-06-25
	6. SHIRE PLC SPONSORED ADR		2013-08-20	2014-06-25
	21. SKYWORKS SOLUTIONS INC COM		2014-03-21	2014-06-25
	19. SOUTHWEST AIRLINES COM		2014-06-06	2014-06-25
	10. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2		2014-05-23	2014-06-25
	9. SUNTRUST BANKS INC COM		2014-02-07	2014-06-25
	5. THE TRAVELERS COS INC		2014-05-02	2014-06-25
	5. UNION PAC CORP COM		2010-03-30	2014-06-25
	6. UNITED TECHNOLOGIES CORP COM		2009-06-23	2014-06-25
	10. VERIZON COMMUNICATIONS COM		2013-05-15	2014-06-25
	3. VISA INC CLASS A SHARES		2013-02-11	2014-06-25
	19. WELLS FARGO & CO NEW COM		2012-01-23	2014-06-25
	15. WISCONSIN ENERGY CORP		2009-06-23	2014-06-25
	12. WYNDHAM WORLDWIDE CORP		2014-01-17	2014-06-25
	299. YAHOO! INC COM			2014-06-25
	4. ZIMMER HOLDINGS INC		2014-03-13	2014-06-25
	19. INVESCO LTD ISIN BMG491BT1088 SEDOL B28XP76		2013-05-08	2014-06-25
	4. ACE LIMITED ISIN CH0044328745 SEDOL B3BQMF6		2014-04-10	2014-06-25
	8. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7		2013-11-26	2014-06-25
	267. ISHARES TR S&P SMLCAP 600		2013-10-31	2014-07-01
	489. HEALTH CARE SELECT SECTOR ETF LARGE CAP		2014-02-28	2014-07-01
	14. INDUSTRIAL SELECT SECTOR SPDR ETF LARGE CAP		2014-04-30	2014-07-01
	42. SHIRE PLC SPONSORED ADR			2014-07-14
	16. SHIRE PLC SPONSORED ADR			2014-07-14
	67. SHIRE PLC SPONSORED ADR			2014-07-18
	57. ALLERGAN INC		2009-06-23	2014-07-23
	387. ISHARES MSCI EAFE SMALL CAP ETF		2014-07-01	2014-07-31
	263. SPDR S&P INTERNATIONAL SMALL CAP		2014-07-01	2014-07-31
	549. INDUSTRIAL SELECT SECTOR SPDR ETF LARGE CAP		2014-04-30	2014-07-31
	6. FRANKLIN RES INC COM		2013-08-28	2014-08-05
	204. FRANKLIN RES INC COM		2013-06-04	2014-08-05
	93. ZIMMER HOLDINGS INC		2014-03-13	2014-08-08
	123. LAS VEGAS SANDS CORP		2013-10-22	2014-08-12
	247. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2		2014-05-23	2014-08-12
	18. HELMERICH & PAYNE INC COM		2013-02-25	2014-08-29
	170. MICROSOFT CORP			2014-08-29
	17. MICROSOFT CORP		2009-06-23	2014-08-29
	29. SECTOR SPDR TR SBI BASIC INDS		2014-07-01	2014-08-29
	298. SECTOR SPDR TR SBI INT-ENERGY		2014-07-31	2014-08-29
	211. DELTA AIR LINES INC		2013-07-25	2014-09-11
	117. UNITED TECHNOLOGIES CORP COM		2009-06-23	2014-09-11
	235. SUNTRUST BANKS INC COM		2014-02-07	2014-09-12
	205. CROWN HOLDINGS INC		2014-06-06	2014-09-19
	181. CBS CORP CLASS B WI		2013-05-15	2014-09-26
	143. ORACLE CORP			2014-09-30
	312. ORACLE CORP			2014-09-30
	257. COCA COLA ENTERPRISES		2014-03-05	2014-10-14
	15. EOG RES INC		2014-04-04	2014-10-14
	35. EOG RES INC		2013-07-25	2014-10-14
	161. MANPOWER GROUP INC			2014-10-14
	8272.298 DODGE & COX INCOME FUND			2014-10-23
	826.801 DODGE & COX INCOME FUND			2014-10-23
	1249.329 PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD INSTL CL			2014-10-23
	10363.496 PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD INSTL CL		2009-06-19	2014-10-23
	1795.487 PIMCO UNCONSTRAINED BOND FUND INSTITUTIONAL CLASS		2013-07-01	2014-10-23
	246.592 PIMCO UNCONSTRAINED BOND FUND INSTITUTIONAL CLASS		2014-06-25	2014-10-23
	1731.608 EATON VANCE FLOATING RATE FUND CLASS I			2014-10-30
	740.608 EATON VANCE FLOATING RATE FUND CLASS I		2014-06-25	2014-10-30
	122. HELMERICH & PAYNE INC COM		2013-02-25	2014-11-17
	588. SECTOR SPDR TR SBI BASIC INDS		2014-07-01	2014-12-01
	23. HEALTH CARE SELECT SECTOR ETF LARGE CAP		2014-08-29	2014-12-01
	35. SECTOR SPDR TR SBI INT-TECH			2014-12-01
	257. QUANTA SVCS INC		2014-03-21	2014-12-15
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	10,987	11,599	-612
b	14,881	16,192	-1,311
c	1,423	1,351	72
d	733	700	33
e	31,269	29,290	1,979
	45	25	20
	6,163	9,655	-3,492
	11,212	7,330	3,882
	31,244	30,966	278
	15,826	13,147	2,679
	11,329	11,126	203
	7,854	4,052	3,802
	110	105	5
	1,138	1,082	56
	30,660	29,400	1,260
	6,016	10,400	-4,384
	7,214	6,934	280
	9,944	9,123	821
	10,817	9,109	1,708
	25,652	18,457	7,195
	22,532	18,960	3,572
	17,380	16,403	977
	9,962	9,685	277
	14,030	6,813	7,217
	13,604	9,712	3,892
	11,807	8,659	3,148
	11,709	10,965	744
	39	25	14
	1,276	1,318	-42
	29,235	29,249	-14
	14,100	9,857	4,243
	17,717	8,762	8,955
	6,558	1,857	4,701
	7,648	5,197	2,451
	14,176	9,479	4,697
	1,402	1,189	213
	636	181	455
	1,132	1,038	94
	957	544	413
	777	835	-58
	3,546	3,212	334
	962	625	337
	922	725	197
	1,170	674	496
	1,017	906	111
	1,450	985	465
	861	502	359
	1,571	1,239	332
	741	756	-15
	1,397	663	734
	1,086	942	144
	1,065	1,035	30
	1,504	848	656
	1,675	1,663	12
	898	575	323
	1,021	979	42
	1,107	758	349
	487	485	2
	811	770	41
	2,118	1,811	307
	963	976	-13
	652	589	63
	936	577	359
	998	562	436
	1,430	908	522
	1,906	1,069	837
	1,125	1,116	9
	875	875
	282	302	-20
	973	844	129
	1,576	1,301	275
	634	671	-37
	1,416	1,253	163
	778	845	-67
	1,103	1,160	-57
	1,864	1,575	289
	1,137	1,208	-71
	889	579	310
	1,359	1,176	183
	1,185	844	341
	554	625	-71
	597	594	3
	691	748	-57
	1,691	1,661	30
	1,649	1,141	508
	203	191	12
	700	721	-21
	920	913	7
	974	369	605
	1,030	519	511
	1,127	1,231	-104
	834	628	206
	1,906	1,202	704
	1,350	605	745
	987	1,042	-55
	898	761	137
	903	857	46
	688	661	27
	919	895	24
	624	631	-7
	1,318	939	379
	13,488	7,771	5,717
	8,334	9,492	-1,158
	13,980	8,872	5,108
	3,885	3,230	655
	7,771	2,841	4,930
	819	626	193
	499	136	363
	587	519	68
	2,536	1,963	573
	756	388	368
	836	835	1
	1,354	1,147	207
	5,560	4,229	1,331
	594	453	141
	635	374	261
	310	252	58
	676	467	209
	664	662	2
	425	189	236
	769	707	62
	353	318	35
	346	351	-5
	824	445	379
	1,007	951	56
	554	323	231
	9,905	7,160	2,745
	807	686	121
	347	359	-12
	510	345	165
	495	485	10
	745	668	77
	974	838	136
	488	488
	4,860	3,906	954
	670	515	155
	2,394	1,968	426
	1,022	577	445
	322	173	149
	1,216	1,146	70
	3,527	2,430	1,097
	1,036	605	431
	739	394	345
	736	698	38
	303	292	11
	1,128	1,106	22
	486	422	64
	540	407	133
	9,704	8,259	1,445
	754	755	-1
	746	614	132
	919	911	8
	608	525	83
	493	497	-4
	774	496	278
	710	598	112
	626	447	179
	409	441	-32
	512	468	44
	3,184	2,737	447
	775	652	123
	491	476	15
	1,127	977	150
	1,220	1,198	22
	866	847	19
	1,383	685	698
	978	801	177
	511	523	-12
	417	391	26
	362	342	20
	474	456	18
	501	184	317
	696	315	381
	493	535	-42
	627	471	156
	999	586	413
	689	303	386
	905	893	12
	9,903	8,426	1,477
	420	381	39
	708	628	80
	416	398	18
	515	341	174
	30,349	27,747	2,602
	30,072	29,287	785
	762	741	21
	10,631	3,278	7,353
	4,050	1,811	2,239
	17,046	4,469	12,577
	9,749	2,581	7,168
	19,835	20,651	-816
	9,090	9,390	-300
	28,592	29,075	-483
	320	274	46
	10,887	10,478	409
	8,843	8,852	-9
	8,312	8,970	-658
	9,633	9,662	-29
	1,865	1,154	711
	7,652	6,597	1,055
	765	398	367
	1,464	1,445	19
	29,276	29,023	253
	8,314	4,472	3,842
	12,666	6,141	6,525
	9,178	8,919	259
	9,544	10,277	-733
	9,801	9,112	689
	5,491	4,890	601
	11,981	6,366	5,615
	10,377	12,143	-1,766
	1,275	1,469	-194
	2,974	2,563	411
	9,762	13,104	-3,342
	114,985	115,293	-308
	11,493	11,499	-6
	13,655	13,644	11
	113,273	107,469	5,804
	20,199	20,271	-72
	2,774	2,789	-15
	15,584	15,766	-182
	6,665	6,777	-112
	9,478	7,824	1,654
	28,565	29,295	-730
	1,600	1,467	133
	1,472	1,392	80
	6,714	9,454	-2,740
			32,129

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			-612
b			-1,311
c			72
d			33
e			1,979
			20
			-3,492
			3,882
			278
			2,679
			203
			3,802
			5
			56
			1,260
			-4,384
			280
			821
			1,708
			7,195
			3,572
			977
			277
			7,217
			3,892
			3,148
			744
			14
			-42
			-14
			4,243
			8,955
			4,701
			2,451
			4,697
			213
			455
			94
			413
			-58
			334
			337
			197
			496
			111
			465
			359
			332
			-15
			734
			144
			30
			656
			12
			323
			42
			349
			2
			41
			307
			-13
			63
			359
			436
			522
			837
			9

			-20
			129
			275
			-37
			163
			-67
			-57
			289
			-71
			310
			183
			341
			-71
			3
			-57
			30
			508
			12
			-21
			7
			605
			511
			-104
			206
			704
			745
			-55
			137
			46
			27
			24
			-7
			379
			5,717
			-1,158
			5,108
			655
			4,930
			193
			363
			68
			573
			368
			1
			207
			1,331
			141
			261
			58
			209
			2
			236
			62
			35
			-5
			379
			56
			231
			2,745
			121
			-12
			165
			10
			77
			136

			954
			155
			426
			445
			149
			70
			1,097
			431
			345
			38
			11
			22
			64
			133
			1,445
			-1
			132
			8
			83
			-4
			278
			112
			179
			-32
			44
			447
			123
			15
			150
			22
			19
			698
			177
			-12
			26
			20
			18
			317
			381
			-42
			156
			413
			386
			12
			1,477
			39
			80
			18
			174
			2,602
			785
			21
			7,353
			2,239
			12,577
			7,168
			-816
			-300
			-483
			46
			409
			-9
			-658
			-29
			711
			1,055
			367
			19
			253
			3,842
			6,525
			259
			-733
			689
			601
			5,615
			-1,766
			-194
			411
			-3,342
			-308
			-6
			11
			5,804
			-72
			-15
			-182
			-112
			1,654
			-730
			133
			80
			-2,740

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	188,783
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . . . .		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2013	128,665	2,162,107	0.059509
2012	118,549	2,015,821	0.058809
2011	122,940	2,045,725	0.060096
2010	109,202	1,897,187	0.05756
2009	113,149	1,743,543	0.064896

2	Total of line 1, column (d) ......................	2	0.30087
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	0.060174
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	2,304,593
5	Multiply line 4 by line 3.......................	5	138,677
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	2,229
7	Add lines 5 and 6.........................	7	140,906
8	Enter qualifying distributions from Part XII, line 4..............	8	119,239
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2014)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	4,457
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	4,457
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	4,457
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	3,666
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	1,830
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	5,496
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	1,039
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax0	Refunded	11	1,039

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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

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

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement (see instructions).................

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

Yes

Website address bullet

N/A

The books are in care of bullet

PNC BANK NA Telephone no. bullet

(412) 762-3792

Located at bullet

620 LIBERTY AVENUEPITTSBURGHPA ZIP+4 bullet

15222

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

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

16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country?

16 No

See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet

Form 990-PF (2014)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2014?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2014, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2014?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2014.)....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

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

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

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

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

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

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

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

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

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

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

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

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

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

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

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

Form 990-PF (2014)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
CATHERINE G APPLEFELD	VICE PRESIDENT/treasurer 1	0
23 MERRYMOUNT ROAD BALTIMORE,MD21210	VICE PRESIDENT/treasurer 1	0
JOHN P GREENSPAN	PRESIDENT 1	0
123 LORENZO ROAD SANTA FE,NM87501	PRESIDENT 1	0
SANFORD D SCHREIBER	SECRETARY 1	0
BLADES ROSENFELD PA 20 SOUTH C BALTIMORE,MD21201	SECRETARY 1	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1


2


3


4

Form 990-PF (2014)

Page 8

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see instructions.)

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

purposes:

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

2,339,688

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

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

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

2,339,688

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

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

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

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

2,339,688

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

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

35,095

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

2,304,593

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

115,230

Part XI

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

and do not complete this part.)

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

115,230

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

4,457

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

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

4,457

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

110,773

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

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

110,773

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

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

110,773

Part XII

Qualifying Distributions (see instructions)

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

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

119,239

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

119,239

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

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

119,239

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2014)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2013	(c) 2013	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7					110,773
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.......	26,906
b From 2010.......	15,237
c From 2011.......	22,814
d From 2012.......	20,896
e From 2013.......	24,802
fTotal of lines 3a through e.........		110,655
4Qualifying distributions for 2014 from Part
XII, line 4: $ 119,239
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.....					110,773
e Remaining amount distributed out of corpus		8,466
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		119,121
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) ...		26,906
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......		92,215
10 Analysis of line 9:
a Excess from 2010....	15,237
b Excess from 2011....	22,814
c Excess from 2012....	20,896
d Excess from 2013....	24,802
e Excess from 2014....	8,466

Form 990-PF (2014)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2014, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2014	(b) 2013	(c) 2012	(d) 2011	(e) Total

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

Part XV

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

1Information Regarding Foundation Managers:

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

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

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

Check here bullet

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

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

JOHN P GREENSPAN
123 LORENZO ROAD
SANTA FE,NM87501
(505) 992-0516

bThe form in which applications should be submitted and information and materials they should include:

NO FORMAL APPLICATIONS

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

AWARDS ARE MADE UPON APPROVAL OF THE TRUSTEES

Form 990-PF (2014)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CENTRAL SCHOLARSHIP BUREAU 6 PARK CENTER COURT SUITE 211 OWINGS MILLS,MD21117	NONE	PC	GENERAL SUPPORT	1,000
SANTA FE SYMPHONY 511 CORDOVA SANTE FE,NM87501	NONE	PC	GENERAL SUPPORT	13,250
SANTA FE DESERT CHORALE 311 EAST PALACE AVENUE SANTA FE,NM87501	NONE	PC	GENERAL SUPPORT	1,500
THE PARK SCHOOL OLD COURT RD BROOKLANDVILLE,MD21022	NONE	PC	GENERAL SUPPORT	2,500
B'NAI B'RITH 2020 K STREET NW 7TH FL WASHINGTON,DC20006	NONE	PC	GENERAL SUPPORT	1,350
THE AMERICAN JEWISH COMMITTEE 165 EAST 56TH STREET NEW YORK,NY10022	NONE	PC	GENERAL SUPPORT	250
THE ISRAEL PROJECT 2020 K STREET NW 7600 WASHINGTON,DC20006	NONE	PC	GENERAL SUPPORT	2,500
ANTI-DEFAMATION LEAGUE PO BOX 96226 WASHINGTON,DC200906226	NONE	PC	GENERAL SUPPORT	250
U OF MARYLAND BALTIMORE FDN (LAW SCHOOL) 500 W BALTIMORE STREET BALTIMORE,MD21201	NONE	PC	GENERAL SUPPORT	500
JAZZ BAKERY 1836 BENEDICT CANYON DRIVE BEVERLY HILLS,CA90210	NONE	PC	GENERAL SUPPORT	2,000
WYPR 2216 NORTH CHARLES STREET BALTIMORE,MD212185718	NONE	PC	GENERAL SUPPORT	1,000
ST JOHN'S COLLEGE 1160 CAMINO CRUZ BLANCA SANTA FE,NM87505	NONE	PC	GENERAL SUPPORT	1,500
BREAKTHROUGH SANTA FE CAMINO DE LA CRUZ BLANCA SANTA FE,NM87505	NONE	PC	GENERAL SUPPORT	1,000
AMERICAN FRIENDS OF THE HEBEW UNIVERSITY 11500 W OLYMPIC BOULEVARD SUITE 51 LOS ANGELES,CA90035	NONE	PC	GENERAL SUPPORT	3,000
NORTHERN NEW MEXICO RADIO FOUNDATION SOUTH RICHARDS AVENUE SANTA FE,NM87507	NONE	PC	GENERAL SUPPORT	4,750
JOHNS HOPKINS UNIVERSITY PEABODY JAZZ PROGRAM 1 EAST MT VERNON PLACE BALTIMORE,MD21201	NONE	PC	GENERAL SUPPORT	6,000
THE LAWRENCE FUND 711 BOLDT WAY SPC 1847 APPLETON,WI549115595	NONE	PC	GENERAL SUPPORT	1,500
OPEN ARTS FOUNDATION SECOND STREET SANTA FE,NM87505	NONE	PC	GENERAL SUPPORT	300
TEMPLE BETH SHALOM 205 E BARCELONA SANTA FE,NM87505	NONE	PC	GENERAL SUPPORT	3,000
THE BALTIMORE SYMPHONY ORCHESTRA 1212 CATHEDRAL STREET BALTIMORE,MD212015545	NONE	PC	GENERAL SUPPORT	2,500
ASSOCIATED JEWISH COMMUNITY FEDERATION OF BALTIMORE 101 W MT ROYAL AVENUE BALTIMORE,MD212015781	NONE	PC	GENERAL SUPPORT	33,000
NEW MEXICO COMMUNITY FOUNDATION 502 W CORDOVA SUITE 1 SANTA FE,NM87505	NONE	PC	GENERAL SUPPORT	1,000
MARYLAND MENTAL HEALTH ASSOCIATION 711 W 40TH STREET 460 BALTIMORE,MD21211	NONE	PC	GENERAL SUPPORT	10,000
CREATIVITY FOR PEACE 369 MONTEZUMA AVENUE 56 SANTA FE,NM87505	NONE	PC	GENERAL SUPPORT	1,000
UNITED NEGRO COLLEGE FUN 1805 7TH STREET NW WASHINGTON,DC20001	NONE	PC	GENERAL SUPPORT	500
NATIONAL URBAN LEAGUE 120 WALL STREET NEW YORK,NY10005	NONE	PC	GENERAL SUPPORT	500
THE MYERBERG CENTER 3101 FALLSTAFF ROAD BALTIMORE,MD21209	NONE	PC	GENERAL SUPPORT	1,500
THE JOHNS HOPKINS FRIENDS OF THE LIBRARY 3400 N CHARLES STREET BALTIMORE,MD21218	NONE	PC	GENERAL SUPPORT	1,000
OUTPOST PRODUCTIONS 210 YALE SE ALBUQUERQUE,NM87106	NONE	PC	GENERAL SUPPORT	2,500
NEW MEXICO PHILHARMONIC PO BOX 21428 ALBUQUERQUE,NM871541428	NONE	PC	GENERAL SUPPORT	250
UNITED WAY OF SANTA FE 440 CERRILLOS ROAD SANTA FE,NM87501	NONE	PC	GENERAL SUPPORT	2,000
ST VINCENT HOSPITAL ASSOCIATION PO BOX 2107 SANTA FE,NM875042107	NONE	PC	GENERAL SUPPORT	200
EDUCATE NEW MEXICO PO BOX 794 ALBUQUERQUE,NM87103	NONE	PC	GENERAL SUPPORT	250
RIO GRANDE FOUNDATION 5500 BENSON CT NW ALBUQUERQUE,NM87120	NONE	PC	GENERAL SUPPORT	300
KHFM COMMUNITY PARTNERS 4125 CARLISLE NE ALBUQUERQUE,NM87107	NONE	PC	GENERAL SUPPORT	250
THE NEW MEXICO FOUNDATION FOR OPEN GOVERNMENT 115 GOLD AVENUE SW 201 ALBUQUERQUE,NM87102	NONE	PC	GENERAL SUPPORT	150
THE LOS ANGELES JAZZ INSTITUTE PO BOX 8038 LONG BEACH,CA90808	NONE	PC	GENERAL SUPPORT	250
TEMPLE OHEB SHALOM 7310 PARK HEIGHTS AVENUE BALTIMORE,MD21215	NONE	PC	GENERAL SUPPORT	100
THE FEDERALIST SOCIETY 1015 18TH STREET NW 425 WASHINGTON,DC200776076	NONE	PC	GENERAL SUPPORT	250
SCHOOL FOR THE ARTS - NM 275 EAST ALAMEDAS SANTA FE,NM87501	NONE	PC	GENERAL SUPPORT	250
THE FOOD DEPOT 1222 SILER ROAD SANTA FE,NM87507	NONE	PC	GENERAL SUPPORT	500
PASTORAL COUNSELING CENTER 1751 OLD PECOS TRAIL SANTA FE,NM87505	NONE	PC	GENERAL SUPPORT	4,000
MIDDLE GRADES PARTNERSHIP 800 WYMAN DRIVE 110 BALTIMORE,MD21211	NONE	PC	GENERAL SUPPORT	5,000
EMPTY STOCKING FUND THE SANTA FE COMMUNITY FOUNDATION 516 ALTO STREET SANTA FE,NM87501	NONE	PC	GENERAL SUPPORT	500
SANTA FE CHAMBER MUSIC FESTIVAL PO BOX 2227 SANTA FE,NM875042227	NONE	PC	GENERAL SUPPORT	250
NEW MEXICO MUSIC COMMISSION FOUNDATION 123 LORENZO ROAD SANTA FE,NM87501	NONE	PC	GENERAL SUPPORT	250
CASA FIRST JUDICAL DISTRICT 466 W SAN FRANCISCO ST SANTA FE,NM87501	NONE	PC	GENERAL SUPPORT	100
UNM FOUNDATION COLLEGE OF FINE ARTS UNIVERSITY OF NEW MEXICO - MSC-04 2 ALBUQUERQUE,NM87131	NONE	PC	GENERAL SUPPORT	500
SANTA FE CHAMBER MUSIC FESITVAL PO BOX 2227 SANTA FE,NM575042227	NONE	PC	GENERAL SUPPORT	250
CONGREGATION HAR HASHEM 3950 BASELINE ROAD BOULDER,CO80303	NONE	PC	GENERAL SUPPORT	100
COMPASSION CARE PO BOX 728 TWISP,WA98856	NONE	PC	GENERAL SUPPORT	200
BECOMING AMERICAN INSTITUTE 1900 BROADWAY SUITE 130-190 BOULDER,CO80304	NONE	PC	GENERAL SUPPORT	1,000
Total ................................. 3a				117,550

bApproved for future payment

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

Form 990-PF (2014)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ............
4 Dividends and interest from securities....			14	51,666
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	188,783
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)..				240,883

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

13240,883

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2014)

Page 13

Part XVII

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political

Yes

organizations?

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2014 InvestmentsCorpStockSchedule

Name:

ALH FOUNDATION INC

EIN: 52-6034744

Name of Stock	End of Year Book Value	End of Year Fair Market Value
CORPORATE STOCK	764,482	1,066,587

- TIN:

TY 2014 InvestmentsOtherSchedule2

Name:

ALH FOUNDATION INC

EIN: 52-6034744

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MUTUAL FUNDS - EQUITY	AT COST	730,610	803,259
MUTUAL FUNDS - FIXED	AT COST	392,395	386,823

- TIN:

TY 2014 LegalFeesSchedule

Name:

ALH FOUNDATION INC

EIN: 52-6034744

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES - PRINCIPAL (ALLOCA	1,544			1,544

- TIN:

TY 2014 OtherDecreasesSchedule

Name:

ALH FOUNDATION INC

EIN: 52-6034744

Description	Amount

- TIN:

TY 2014 OtherExpensesSchedule

Name:

ALH FOUNDATION INC

EIN: 52-6034744

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OFFICE EXPENSES	53	0		53
ACCOUNT MAINTENANCE FEES	500	500		0

- TIN:

TY 2014 OtherIncomeSchedule2

Name:

ALH FOUNDATION INC

EIN: 52-6034744

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income

- TIN:

TY 2014 OtherProfessionalFeesSchedule

Name:

ALH FOUNDATION INC

EIN: 52-6034744

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PNC AGENT FOR TRUSTEE FEES	17,320	17,320

- TIN:

TY 2014 TaxesSchedule

Name:

ALH FOUNDATION INC

EIN: 52-6034744

Category	Amount	Net Investment Income
FOREIGN TAXES	97	97
FEDERAL TAX PAYMENT - PRIOR YE	1,400	0
FEDERAL ESTIMATES - PRINCIPAL	3,348	0
FOREIGN TAXES ON QUALIFIED FOR	114	114
FOREIGN TAXES ON NONQUALIFIED	1	1