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
DOVER FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)DRAWER 208 Room/suite

City or town, state or province, country, and ZIP or foreign postal code
SHELBY, NC28151

A Employer identification number

56-0769897

B Telephone number (see instructions)

(704) 487-8888

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

$17,780,488J Accounting method: Cash Accrual
Other (specify)MODIFIED CASH
(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	(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......	651,563		651,563
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		47,714
b	Gross sales price for all assets on line 6a 9,956,934
7	Capital gain net income (from Part IV, line 2)...			47,714
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........	699,277		699,277
13	Compensation of officers, directors, trustees, etc.	24,000			21,600
14	Other employee salaries and wages......	37,800			37,800
15	Pension plans, employee benefits.......	2,892			2,892
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		14,500		14,500
c	Other professional fees (attach schedule)....		103,133	99,646
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		23,235
19	Depreciation (attach schedule) and depletion...		1,663
20	Occupancy..............	18,777			95
21	Travel, conferences, and meetings.......	956			956
22	Printing and publications..........
23	Other expenses (attach schedule).......		48,093	37,113	4,586
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	275,049		136,759	82,429
25	Contributions, gifts, grants paid........	956,500			956,500
26	Total expenses and disbursements. Add lines 24 and 25	1,231,549		136,759	1,038,929
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-532,272
b	Net investment income (if negative, enter -0-)			562,518
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	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...............	33,671	46,088	46,088
	2	Savings and temporary cash investments..........	402,655	743,045	743,045
	3	Accounts receivable
		Less: allowance for doubtful accounts
	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
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)	55,828	48,297	49,354
	b	Investments—corporate stock (attach schedule)........	14,952,667	12,708,836	13,166,379
	c	Investments—corporate bonds (attach schedule)........	2,370,310	3,010,571	2,932,678
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........		724,232	750,174
	14	Land, buildings, and equipment: basis 190,067
		Less: accumulated depreciation (attach schedule) 98,042	90,977	92,025	92,025
	15	Other assets (describe )		745	745
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	17,906,108	17,373,839	17,780,488
	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 )	541	541
	23	Total liabilities (add lines 17 through 22)..........	541	541
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................	17,905,567	17,373,298
	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.........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see instructions)......	17,905,567	17,373,298
	31	Total liabilities and net assets/fund balances (see instructions)..	17,906,108	17,373,839

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	17,905,567
2	Enter amount from Part I, line 27a.....................	2	-532,272
3	Other increases not included in line 2 (itemize)	3	3
4	Add lines 1, 2, and 3..........................	4	17,373,298
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	17,373,298

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	T ROWE PRICE GROWTH STK FD INC COM	P	2014-10-01	2015-04-20
b	ROYAL CARRIBEAN CRUISES LTD COM QDI	P	2014-03-13	2015-01-06
c	HCA HOLDINGS INC	P	2014-11-24	2015-03-23
d	DISCOVER FINANCIAL SERVICES	P	2015-03-23	2015-05-22
e	TRINITY INDUSTRIES	P	2015-05-22	2015-08-20
	APPLE COMPUTER INC COM	P	2014-01-07	2014-09-22
	SKYWORKS SOLUTIONS INC	P	2014-03-13	2014-09-23
	COCA-COLA ENTERPRISES INC	P	2014-01-08	2014-11-25
	LANNET CO INC	P	2014-09-30	2015-03-27
	VAIL RESORTS INC COM	P	2015-02-11	2015-03-27
	TESCO CORP QDI	P	2015-03-27	2015-06-18
	GP STRATEGIES CORP	P	2014-05-01	2014-09-30
	BALLY TECHNOLOGIES INC	P	2014-05-01	2014-11-24
	TEMPLETON INTERNATIONAL BOND ADV	P	2013-11-26	2015-04-20
	METLIFE INC	P	2013-11-21	2015-01-06
	LYONDELLBASELL INDUSTRIES NV QDI	P	2014-01-07	2015-05-22
	SEAGATE TECHNOLOGY PLC SHS QDI	P	2013-11-21	2015-08-20
	DELTA AIR LINES INC	P	2013-11-21	2015-08-21
	KAPSTONE PAPER & PACKAGING	P	2014-05-01	2015-06-17
	FN AR2583 02/01/13 3.500 02/01/43 M	P	2013-02-13	2015-01-25
	FN AR5265 02/01/13 3.000 02/01/43 M	P	2013-02-15	2015-02-25
	FN AR5858 01/01/13 3.000 02/01/43 M	P	2013-09-23	2015-03-25
	FN AR9902 03/01/13 3.500 04/01/43 M	P	2013-08-12	2015-04-25
	FN AU2933 08/01/13 3.500 09/01/43 M	P	2013-09-16	2015-05-25
	FN 745580 05/01/06 5.000 06/01/36 M	P	2013-09-27	2015-06-25
	FN AB6609 09/01/12 3.500 10/01/42 M	P	2013-01-18	2015-07-25
	FG A9-0316 12/01/09 4.500 12/01/39	P	2013-05-15	2014-09-15
	FN AJ5890 11/01/11 4.000 11/01/41 M	P	2013-03-13	2014-10-25
	FN AH5583 02/01/11 4.500 02/01/41 M	P	2011-02-09	2014-11-25
	FN AL3519 04/01/13 4.500 11/01/41 M	P	2013-07-22	2014-12-25
	T ROWE PRICE GROWTH STK FD INC COM	P	2014-10-01	2015-08-03
	INTERNATIONAL BUSINESS MACHINES COM	P	2014-01-07	2015-01-06
	INTEL CORP COM	P	2014-09-22	2015-03-23
	GILEAD SCIENCES INC COM	P	2014-09-23	2015-05-22
	WELLS FARGO COMPANY	P	2015-03-23	2015-08-20
	APPLE COMPUTER INC COM	P	2013-11-21	2014-09-22
	TRINITY INDUSTRIES	P	2014-06-17	2014-09-23
	UNIVERSAL HEALTH SVCS INC	P	2014-09-23	2014-11-25
	LANNET CO INC	P	2014-05-01	2015-03-27
	ZEBRA TECHNOLOGIES CORP CL A COM	P	2014-12-09	2015-03-27
	ZEBRA TECHNOLOGIES CORP CL A COM	P	2014-12-09	2015-06-18
	GRAPHIC PACKAGING HLDG CO	P	2014-05-01	2014-09-30
	ALTRA INDUSTRIAL MOTION	P	2014-05-01	2014-12-09
	T ROWE PRICE GROWTH STK FD INC COM	P	2014-01-15	2015-08-03
	INTERNATIONAL BUSINESS MACHINES COM	P	2013-11-21	2015-01-07
	ABBVIE INC	P	2013-11-21	2015-05-22
	AETNA INC NEW	P	2014-03-12	2015-08-20
	HANESBRANDS INC.	P	2013-11-21	2015-08-21
	LIGAND PHARMACEUTICALS INC	P	2014-05-01	2015-06-17
	FN AR5265 02/01/13 3.000 02/01/43 M	P	2013-02-15	2015-01-25
	FN AR5858 01/01/13 3.000 02/01/43 M	P	2013-09-23	2015-02-25
	FN AR9902 03/01/13 3.500 04/01/43 M	P	2013-08-12	2015-03-25
	FN AU2933 08/01/13 3.500 09/01/43 M	P	2013-09-16	2015-04-25
	FN 745580 05/01/06 5.000 06/01/36 M	P	2013-09-27	2015-05-25
	FN AB6609 09/01/12 3.500 10/01/42 M	P	2013-01-18	2015-06-25
	FG A9-0316 12/01/09 4.500 12/01/39	P	2013-05-15	2015-08-15
	FN 190404 04/01/10 4.500 05/01/40 M	P	2013-06-19	2014-09-25
	FN AH5583 02/01/11 4.500 02/01/41 M	P	2011-02-09	2014-10-25
	FN AL3519 04/01/13 4.500 11/01/41 M	P	2013-07-22	2014-11-25
	FN AQ7081 12/01/12 3.500 12/01/42 M	P	2013-07-10	2014-12-25
	ISHARES TR RUSSELL 1000 VALUE FD E	P	2014-10-01	2015-08-03
	METLIFE INC	P	2014-03-12	2015-01-06
	KROGER CO COM	P	2014-09-24	2015-03-23
	MAGNA INTL INC CLA QDI	P	2014-09-23	2015-05-22
	SEAGATE TECHNOLOGY PLC SHS QDI	P	2015-03-24	2015-08-21
	INTERNATIONAL BUSINESS MACHINES COM	P	2014-01-07	2014-09-22
	UNION PAC CORP COM	P	2013-11-21	2014-09-23
	HILLENBRAND INC	P	2014-06-24	2015-02-11
	LIGAND PHARMACEUTICALS INC	P	2014-05-01	2015-03-27
	TOWER INTL INC	P	2014-05-01	2015-03-30
	ZEBRA TECHNOLOGIES CORP CL A COM	P	2014-12-09	2015-06-18
	GREEN PLAINS INC.	P	2014-05-01	2014-09-30
	ANDERSONS INC	P	2014-05-01	2014-12-09
	ISHARES TRUST-S&P 400 MIDCAP ETF RI	P	2013-11-26	2015-08-03
	INTERNATIONAL BUSINESS MACHINES COM	P	2013-11-27	2015-01-07
	CONOCOPHILLIPS	P	2013-11-21	2015-05-22
	ALLSTATE CORP COM	P	2014-03-12	2015-08-20
	LINCOLN NATIONAL CORP COM	P	2013-11-21	2015-08-21
	MANHATTAN ASSOCIATES INC	P	2014-05-01	2015-06-17
	FN AR5858 01/01/13 3.000 02/01/43 M	P	2013-09-23	2015-01-25
	FN AR9902 03/01/13 3.500 04/01/43 M	P	2013-08-12	2015-02-25
	FN AU2933 08/01/13 3.500 09/01/43 M	P	2013-09-16	2015-03-25
	FN 745580 05/01/06 5.000 06/01/36 M	P	2013-09-27	2015-04-25
	FN AB6609 09/01/12 3.500 10/01/42 M	P	2013-01-18	2015-05-25
	FG A9-0316 12/01/09 4.500 12/01/39	P	2013-05-15	2015-07-15
	FG Q1-7639 04/01/13 3.000 04/01/43	P	2013-09-16	2015-08-15
	FN AJ5890 11/01/11 4.000 11/01/41 M	P	2013-03-13	2014-09-25
	FN AL3519 04/01/13 4.500 11/01/41 M	P	2013-07-22	2014-10-25
	FN AQ7081 12/01/12 3.500 12/01/42 M	P	2013-07-10	2014-11-25
	FN AR2583 02/01/13 3.500 02/01/43 M	P	2013-02-13	2014-12-25
	UBS E-TRACS ALERIAN MLP INFRASTR ETN	P	2014-12-19	2015-08-07
	PACKAGING CORP AMER	P	2014-03-13	2015-01-06
	MACYS INC	P	2014-09-23	2015-03-23
	PACKAGING CORP AMER	P	2014-09-23	2015-05-22
	MYLAN N V SHS EURO	P	2015-03-23	2015-08-21
	LORILLARD INC	P	2013-11-21	2014-09-22
	VIACOM INC-B	P	2013-12-26	2014-09-23
	QORVO INC	P	2014-12-09	2015-02-11
	MANHATTAN ASSOCIATES INC	P	2014-05-01	2015-03-27
	AMBARELLA INC SEDOL B7KH3G6	P	2014-06-24	2015-06-17
	ASTRONICS CORP CL B	P	2014-05-01	2014-09-23
	HORNBECK OFFSHORE SVCS INC NEW	P	2014-06-24	2014-09-30
	BONANZA CREEK ENERGY INC	P	2014-05-01	2014-12-09
	ISHARES TRUST-S&P 400 MIDCAP ETF RI	P	2013-11-21	2015-08-03
	HELMERICH & PAYNE INC COM	P	2013-11-21	2015-01-08
	DISCOVER FINANCIAL SERVICES	P	2013-11-21	2015-05-22
	ALLSTATE CORP COM	P	2013-11-27	2015-08-20
	LINCOLN NATIONAL CORP COM	P	2014-03-12	2015-08-21
	MOOG INC CL A	P	2014-05-01	2015-06-17
	FN AR9902 03/01/13 3.500 04/01/43 M	P	2013-08-12	2015-01-25
	FN AU2933 08/01/13 3.500 09/01/43 M	P	2013-09-16	2015-02-25
	FN 745580 05/01/06 5.000 06/01/36 M	P	2013-09-27	2015-03-25
	FN AB6609 09/01/12 3.500 10/01/42 M	P	2013-01-18	2015-04-25
	FG A9-0316 12/01/09 4.500 12/01/39	P	2013-05-15	2015-06-15
	FG Q1-7639 04/01/13 3.000 04/01/43	P	2013-09-16	2015-07-15
	FN 190404 04/01/10 4.500 05/01/40 M	P	2013-06-19	2015-08-25
	FN AH5583 02/01/11 4.500 02/01/41 M	P	2011-02-09	2014-09-25
	FN AQ7081 12/01/12 3.500 12/01/42 M	P	2013-07-10	2014-10-25
	FN AR2583 02/01/13 3.500 02/01/43 M	P	2013-02-13	2014-11-25
	FN AR5265 02/01/13 3.000 02/01/43 M	P	2013-02-15	2014-12-25
	UBS E-TRACS ALERIAN MLP INFRASTR ETN	P	2015-01-06	2015-08-07
	SKYWORKS SOLUTIONS INC	P	2014-03-13	2015-01-06
	TYSON FOODS	P	2014-09-23	2015-03-23
	TEXAS INSTRS INC COM	P	2015-03-23	2015-05-22
	DELTA AIR LINES INC	P	2015-05-22	2015-08-21
	MYLAN LABS INC COM	P	2013-11-21	2014-09-22
	VIACOM INC-B	P	2013-12-24	2014-09-23
	AMBARELLA INC SEDOL B7KH3G6	P	2014-06-24	2015-03-27
	METHODE ELECTRONICS INC CL A	P	2014-05-01	2015-03-27
	INTEGRATED DEVICE TECHNOLOGY COM	P	2014-09-30	2015-06-17
	AMBARELLA INC SEDOL B7KH3G6	P	2014-06-24	2014-09-30
	HORNBECK OFFSHORE SVCS INC NEW	P	2014-05-01	2014-09-30
	CYBERONICS INC	P	2014-09-30	2014-12-09
	JPMORGAN TR INCOME OPP SEL	P	2013-11-26	2014-12-15
	AETNA INC NEW	P	2014-03-12	2015-03-23
	PACKAGING CORP AMER	P	2014-03-13	2015-05-22
	CMS ENERGY CORP COM	P	2013-11-21	2015-08-20
	LINCOLN NATIONAL CORP COM	P	2013-11-21	2015-08-21
	PINNACLE FINL PARTNERS INC	P	2014-05-01	2015-06-17
	FN AU2933 08/01/13 3.500 09/01/43 M	P	2013-09-16	2015-01-25
	FN 745580 05/01/06 5.000 06/01/36 M	P	2013-09-27	2015-02-25
	FN AB6609 09/01/12 3.500 10/01/42 M	P	2013-01-18	2015-03-25
	FG A9-0316 12/01/09 4.500 12/01/39	P	2013-05-15	2015-05-15
	FG Q1-7639 04/01/13 3.000 04/01/43	P	2013-09-16	2015-06-15
	FN 190404 04/01/10 4.500 05/01/40 M	P	2013-06-19	2015-07-25
	FN AJ5890 11/01/11 4.000 11/01/41 M	P	2013-03-13	2015-08-25
	FN AL3519 04/01/13 4.500 11/01/41 M	P	2013-07-22	2014-09-25
	FN AR2583 02/01/13 3.500 02/01/43 M	P	2013-02-13	2014-10-25
	FN AR5265 02/01/13 3.000 02/01/43 M	P	2013-02-15	2014-11-25
	FN AR5858 01/01/13 3.000 02/01/43 M	P	2013-09-23	2014-12-25
	ARTISAN INTERNATIONAL FUND	P	2013-11-21	2014-10-01
	ROYAL CARRIBEAN CRUISES LTD COM QDI	P	2014-03-13	2015-01-07
	TE CONNECTIVITY LTD REG SHS	P	2014-06-16	2015-03-24
	REYNOLDS AMERICAN INC	P	2015-03-23	2015-05-26
	DEVON ENERGY CORPORATION NEW	P	2015-05-22	2015-08-21
	VALERO ENERGY CORP NEW COM	P	2014-03-12	2014-09-22
	HALYARD HEALTH INC	P	2013-11-21	2014-11-07
	ACADIA HEALTHCARE CO INC	P	2014-05-01	2015-03-27
	OMEGA HEALTHCARE	P	2014-05-01	2015-03-27
	NN INC	P	2014-09-30	2015-06-17
	HELEN OF TROY CORP LTD	P	2014-05-01	2014-09-30
	KFORCE.COM INC COM (QDI)	P	2014-06-25	2014-09-30
	CYBERONICS INC	P	2014-05-01	2014-12-09
	OPPENHEIMER DVLPING MKTS-Y	P	2013-11-22	2014-12-15
	ALLSTATE CORP COM	P	2014-03-12	2015-03-23
	RAYTHEON COMPANY	P	2013-11-27	2015-05-22
	HANESBRANDS INC.	P	2013-11-21	2015-08-20
	UNION PAC CORP COM	P	2013-11-21	2015-08-21
	WORTHINGTON IND INC	P	2014-05-01	2015-06-17
	FN 745580 05/01/06 5.000 06/01/36 M	P	2013-09-27	2015-01-25
	FN AB6609 09/01/12 3.500 10/01/42 M	P	2013-01-18	2015-02-25
	FG A9-0316 12/01/09 4.500 12/01/39	P	2013-05-15	2015-04-15
	FG Q1-7639 04/01/13 3.000 04/01/43	P	2013-09-16	2015-05-15
	FN 190404 04/01/10 4.500 05/01/40 M	P	2013-06-19	2015-06-25
	FN AJ5890 11/01/11 4.000 11/01/41 M	P	2013-03-13	2015-07-25
	FN AH5583 02/01/11 4.500 02/01/41 M	P	2011-02-09	2015-08-25
	FN AQ7081 12/01/12 3.500 12/01/42 M	P	2013-07-10	2014-09-25
	FN AR5265 02/01/13 3.000 02/01/43 M	P	2013-02-15	2014-10-25
	FN AR5858 01/01/13 3.000 02/01/43 M	P	2013-09-23	2014-11-25
	FN AR9902 03/01/13 3.500 04/01/43 M	P	2013-08-12	2014-12-25
	HARBOR INTERNATIONAL FUND-INV	P	2013-11-21	2014-10-01
	HELMERICH & PAYNE INC COM	P	2014-09-22	2015-01-07
	AMGEN INC COM	P	2014-06-13	2015-03-24
	BROADRIDGE FINANCIAL SOLUTIO	P	2015-01-12	2015-08-20
	DEVON ENERGY CORPORATION NEW	P	2015-05-26	2015-08-21
	VIACOM INC-B	P	2013-12-26	2014-09-22
	HALYARD HEALTH INC	P	2014-09-23	2014-11-07
	ACETO CHEM INC COMMON	P	2014-05-01	2015-03-27
	PTC INC	P	2014-05-01	2015-03-27
	SKECHERS USA INC - CL A	P	2014-06-24	2015-06-17
	AKORN INC	P	2014-05-01	2014-09-30
	KFORCE.COM INC COM (QDI)	P	2014-06-26	2014-09-30
	TELETECH HLDGS INC	P	2014-05-01	2014-12-09
	WILLIAM BLAIR FDS ALLOC I	P	2013-11-26	2014-12-15
	APPLE COMPUTER INC COM	P	2013-11-21	2015-03-23
	RAYTHEON COMPANY	P	2013-11-29	2015-05-22
	LINCOLN NATIONAL CORP COM	P	2014-03-12	2015-08-20
	UNITED TECHNOLOGIES CORP COM	P	2013-11-21	2015-08-21
	AKORN INC	P	2014-05-01	2015-06-18
	FN AB6609 09/01/12 3.500 10/01/42 M	P	2013-01-18	2015-01-25
	FG A9-0316 12/01/09 4.500 12/01/39	P	2013-05-15	2015-03-15
	FG Q1-7639 04/01/13 3.000 04/01/43	P	2013-09-16	2015-04-15
	FN 190404 04/01/10 4.500 05/01/40 M	P	2013-06-19	2015-05-25
	FN AJ5890 11/01/11 4.000 11/01/41 M	P	2013-03-13	2015-06-25
	FN AH5583 02/01/11 4.500 02/01/41 M	P	2011-02-09	2015-07-25
	FN AL3519 04/01/13 4.500 11/01/41 M	P	2013-07-22	2015-08-25
	FN AR2583 02/01/13 3.500 02/01/43 M	P	2013-02-13	2014-09-25
	FN AR5858 01/01/13 3.000 02/01/43 M	P	2013-09-23	2014-10-25
	FN AR9902 03/01/13 3.500 04/01/43 M	P	2013-08-12	2014-11-25
	FN AU2933 08/01/13 3.500 09/01/43 M	P	2013-09-16	2014-12-25
	HOTCHKIS & WILEY HIGH YIELD I	P	2013-12-09	2014-10-01
	INTERNATIONAL BUSINESS MACHINES COM	P	2014-06-13	2015-01-07
	BROADRIDGE FINANCIAL SOLUTIO	P	2015-01-12	2015-03-24
	CDW CORP	P	2014-11-25	2015-08-20
	HCA HOLDINGS INC	P	2014-11-24	2015-08-21
	VIACOM INC-B	P	2013-12-26	2014-09-22
	HALYARD HEALTH INC	P	2014-09-23	2014-11-26
	AMERICAN RAILCAR INDUSTRIES	P	2014-05-01	2015-03-27
	PEBBLEBROOK HOTEL TR	P	2014-05-01	2015-03-27
	STARZ CL A	P	2015-03-27	2015-06-17
	AMERICAN RAILCAR INDUSTRIES	P	2014-05-01	2014-09-30
	KFORCE.COM INC COM (QDI)	P	2014-06-26	2014-09-30
	WEB COM GROUP INC	P	2014-05-01	2014-12-09
	CVS/CAREMARK CORPORATION	P	2013-11-21	2015-01-06
	BOEING CO COM	P	2013-11-21	2015-03-23
	WHIRLPOOL CORP COM	P	2013-11-21	2015-05-22
	PNC BANK CORP COM	P	2014-06-16	2015-08-20
	INTERNATIONAL BUSINESS MACHINES COM	P	2013-04-19	2014-09-22
	PINNACLE FINL PARTNERS INC	P	2014-05-01	2015-06-18
	FG A9-0316 12/01/09 4.500 12/01/39	P	2013-05-15	2015-02-15
	FG Q1-7639 04/01/13 3.000 04/01/43	P	2013-09-16	2015-03-15
	FN 190404 04/01/10 4.500 05/01/40 M	P	2013-06-19	2015-04-25
	FN AJ5890 11/01/11 4.000 11/01/41 M	P	2013-03-13	2015-05-25
	FN AH5583 02/01/11 4.500 02/01/41 M	P	2011-02-09	2015-06-25
	FN AL3519 04/01/13 4.500 11/01/41 M	P	2013-07-22	2015-07-25
	FN AQ7081 12/01/12 3.500 12/01/42 M	P	2013-07-10	2015-08-25
	FN AR5265 02/01/13 3.000 02/01/43 M	P	2013-02-15	2014-09-25
	FN AR9902 03/01/13 3.500 04/01/43 M	P	2013-08-12	2014-10-25
	FN AU2933 08/01/13 3.500 09/01/43 M	P	2013-09-16	2014-11-25
	FN 745580 05/01/06 5.000 06/01/36 M	P	2013-09-27	2014-12-25
	MAINSTAY MARKETFIELD I	P	2013-11-26	2014-10-01
	KROGER CO COM	P	2014-09-24	2015-01-07
	TESORO PETE CORP COM	P	2015-01-06	2015-03-24
	DR PEPPER SNAPPLE GROUP INC	P	2014-11-25	2015-08-20
	LOWES COS INC COM	P	2015-05-22	2015-08-21
	COVIDIEN PLC COMMON SHS QDI	P	2014-03-12	2014-09-23
	SEAGATE TECHNOLOGY PLC SHS QDI	P	2014-06-16	2014-11-24
	ASTRONICS CORP	P	2014-05-01	2015-03-27
	PERFICIENT INC	P	2014-05-01	2015-03-27
	STARZ CL A	P	2014-09-30	2015-06-17
	ANDERSONS INC	P	2014-05-01	2014-09-30
	KFORCE.COM INC COM (QDI)	P	2014-06-24	2014-09-30
	WEB COM GROUP INC	P	2014-09-30	2014-12-09
	DELTA AIR LINES INC	P	2013-11-21	2015-01-06
	HANESBRANDS INC.	P	2013-11-21	2015-03-23
	CONOCOPHILLIPS	P	2013-11-21	2015-05-26
	TRINITY INDUSTRIES	P	2014-06-17	2015-08-20
	SEAGATE TECHNOLOGY PLC SHS QDI	P	2013-11-21	2014-11-24
	FG A9-0316 12/01/09 4.500 12/01/39	P	2013-05-15	2015-01-15
	FG Q1-7639 04/01/13 3.000 04/01/43	P	2013-09-16	2015-02-15
	FN 190404 04/01/10 4.500 05/01/40 M	P	2013-06-19	2015-03-25
	FN AJ5890 11/01/11 4.000 11/01/41 M	P	2013-03-13	2015-04-25
	FN AH5583 02/01/11 4.500 02/01/41 M	P	2011-02-09	2015-05-25
	FN AL3519 04/01/13 4.500 11/01/41 M	P	2013-07-22	2015-06-25
	FN AQ7081 12/01/12 3.500 12/01/42 M	P	2013-07-10	2015-07-25
	FN AR2583 02/01/13 3.500 02/01/43 M	P	2013-02-13	2015-08-25
	FN AR5858 01/01/13 3.000 02/01/43 M	P	2013-09-23	2014-09-25
	FN AU2933 08/01/13 3.500 09/01/43 M	P	2013-09-16	2014-10-25
	FN 745580 05/01/06 5.000 06/01/36 M	P	2013-09-27	2014-11-25
	FN AB6609 09/01/12 3.500 10/01/42 M	P	2013-01-18	2014-12-25
	MAINSTAY MARKETFIELD I	P	2013-11-26	2014-10-06
	SKYWORKS SOLUTIONS INC	P	2014-03-13	2015-01-07
	TYSON FOODS	P	2014-09-23	2015-03-24
	GOLDMAN SACHS GROUP INC COM	P	2015-05-22	2015-08-20
	LOWES COS INC COM	P	2015-03-23	2015-08-21
	LYONDELLBASELL INDUSTRIES NV QDI	P	2014-01-07	2014-09-23
	COCA-COLA ENTERPRISES INC	P	2014-01-07	2014-11-24
	COLUMBIA SPORTSWEAR CO	P	2014-12-10	2015-03-27
	SABRA HEALTH CARE REIT INC	P	2014-05-01	2015-03-27
	TESCO CORP QDI	P	2015-03-27	2015-06-17
	BONANZA CREEK ENERGY INC	P	2014-05-01	2014-09-30
	PAREXEL INTL CORP COM	P	2014-05-01	2014-09-30
	FG Q1-7639 04/01/13 3.000 04/01/43	P	2013-09-16	2014-09-15
	INTERNATIONAL BUSINESS MACHINES COM	P	2013-01-30	2015-01-06
	MCKESSON CORPORATION	P	2013-11-29	2015-03-23
	PACKAGING CORP AMER	P	2014-03-13	2015-05-26
	TRINITY INDUSTRIES	P	2014-06-16	2015-08-20
	QUAL COMM INC	P	2013-11-21	2014-11-24
	FG Q1-7639 04/01/13 3.000 04/01/43	P	2013-09-16	2015-01-15
	FN 190404 04/01/10 4.500 05/01/40 M	P	2013-06-19	2015-02-25
	FN AJ5890 11/01/11 4.000 11/01/41 M	P	2013-03-13	2015-03-25
	FN AH5583 02/01/11 4.500 02/01/41 M	P	2011-02-09	2015-04-25
	FN AL3519 04/01/13 4.500 11/01/41 M	P	2013-07-22	2015-05-25
	FN AQ7081 12/01/12 3.500 12/01/42 M	P	2013-07-10	2015-06-25
	FN AR2583 02/01/13 3.500 02/01/43 M	P	2013-02-13	2015-07-25
	FN AR5265 02/01/13 3.000 02/01/43 M	P	2013-02-15	2015-08-25
	FN AR9902 03/01/13 3.500 04/01/43 M	P	2013-08-12	2014-09-25
	FN 745580 05/01/06 5.000 06/01/36 M	P	2013-09-27	2014-10-25
	FN AB6609 09/01/12 3.500 10/01/42 M	P	2013-01-18	2014-11-25
	LITMAN GREGORY MASTERS ALT STRATEGIE	P	2014-04-22	2014-12-15
	SKYWORKS SOLUTIONS INC	P	2014-03-12	2015-01-07
	TE CONNECTIVITY LTD REG SHS	P	2014-06-16	2015-05-22
	HCA HOLDINGS INC	P	2014-11-24	2015-08-20
	UNION PAC CORP COM	P	2015-05-22	2015-08-21
	ROYAL CARRIBEAN CRUISES LTD COM QDI	P	2014-03-13	2014-09-23
	COCA-COLA ENTERPRISES INC	P	2014-01-08	2014-11-24
	CONSOLIDATED COMMUNICATIONS HLDGS IN	P	2014-05-01	2015-03-27
	SKECHERS USA INC - CL A	P	2014-06-24	2015-03-27
	TESCO CORP QDI	P	2014-09-30	2015-06-17
	FEI CO	P	2014-06-24	2014-09-30
	SAIA INC	P	2014-05-01	2014-09-30
	FN 745580 05/01/06 5.000 06/01/36 M	P	2013-09-27	2014-09-25
	INTERNATIONAL BUSINESS MACHINES COM	P	2012-11-09	2015-01-06
	SKYWORKS SOLUTIONS INC	P	2014-03-12	2015-03-23
	PACKAGING CORP AMER	P	2014-03-12	2015-05-26
	WELLS FARGO COMPANY	P	2013-11-21	2015-08-20
	WHIRLPOOL CORP COM	P	2013-11-21	2014-11-24
	FN 190404 04/01/10 4.500 05/01/40 M	P	2013-06-19	2015-01-25
	FN AJ5890 11/01/11 4.000 11/01/41 M	P	2013-03-13	2015-02-25
	FN AH5583 02/01/11 4.500 02/01/41 M	P	2011-02-09	2015-03-25
	FN AL3519 04/01/13 4.500 11/01/41 M	P	2013-07-22	2015-04-25
	FN AQ7081 12/01/12 3.500 12/01/42 M	P	2013-07-10	2015-05-25
	FN AR2583 02/01/13 3.500 02/01/43 M	P	2013-02-13	2015-06-25
	FN AR5265 02/01/13 3.000 02/01/43 M	P	2013-02-15	2015-07-25
	FN AR5858 01/01/13 3.000 02/01/43 M	P	2013-09-23	2015-08-25
	FN AU2933 08/01/13 3.500 09/01/43 M	P	2013-09-16	2014-09-25
	FN AB6609 09/01/12 3.500 10/01/42 M	P	2013-01-18	2014-10-25
	FG A9-0316 12/01/09 4.500 12/01/39	P	2013-05-15	2014-12-15
	LITMAN GREGORY MASTERS ALT STRATEGIE	P	2014-07-14	2014-12-15
	HELMERICH & PAYNE INC COM	P	2014-09-22	2015-01-08
	TE CONNECTIVITY LTD REG SHS	P	2014-06-16	2015-05-22
	OMEGA HEALTHCARE	P	2015-05-22	2015-08-20
	UNITED TECHNOLOGIES CORP COM	P	2014-09-23	2015-08-21
	GENERAL MLS INC COM	P	2014-03-13	2014-09-23
	QUAL COMM INC	P	2014-06-13	2014-11-24
	CONSOLIDATED COMMUNICATIONS HLDGS IN	P	2014-05-01	2015-03-27
	SONIC CORP COM	P	2014-05-01	2015-03-27
	WORTHINGTON IND INC	P	2015-03-27	2015-06-17
	FEI CO	P	2014-05-01	2014-09-30
	SKECHERS USA INC - CL A	P	2014-06-24	2014-09-30
	WILLIAM BLAIR FDS ALLOC I	P	2013-11-26	2015-01-06
	INTERNATIONAL BUSINESS MACHINES COM	P	2012-11-30	2015-01-06
	WHIRLPOOL CORP COM	P	2013-11-21	2015-03-23
	PACKAGING CORP AMER	P	2014-03-12	2015-05-26
	HANESBRANDS INC.	P	2013-11-21	2015-08-24
	ACADIA HEALTHCARE CO INC	P	2014-05-01	2015-06-17
	FN AJ5890 11/01/11 4.000 11/01/41 M	P	2013-03-13	2015-01-25
	FN AH5583 02/01/11 4.500 02/01/41 M	P	2011-02-09	2015-02-25
	FN AL3519 04/01/13 4.500 11/01/41 M	P	2013-07-22	2015-03-25
	FN AQ7081 12/01/12 3.500 12/01/42 M	P	2013-07-10	2015-04-25
	FN AR2583 02/01/13 3.500 02/01/43 M	P	2013-02-13	2015-05-25
	FN AR5265 02/01/13 3.000 02/01/43 M	P	2013-02-15	2015-06-25
	FN AR5858 01/01/13 3.000 02/01/43 M	P	2013-09-23	2015-07-25
	FN AR9902 03/01/13 3.500 04/01/43 M	P	2013-08-12	2015-08-25
	FN AB6609 09/01/12 3.500 10/01/42 M	P	2013-01-18	2014-09-25
	FG A9-0316 12/01/09 4.500 12/01/39	P	2013-05-15	2014-11-15
	FG Q1-7639 04/01/13 3.000 04/01/43	P	2013-09-16	2014-12-15
	WELLS FARGO ADVANTAGE ABSOLUTE RET I	P	2014-04-22	2014-12-15
	INTEL CORP COM	P	2014-09-22	2015-03-24
	MYLAN N V SHS EURO	P	2015-03-23	2015-05-22
	REYNOLDS AMERICAN INC	P	2015-03-23	2015-08-20
	ALLIANCE DATA SYS COMMON	P	2014-06-13	2014-09-22
	GENERAL MLS INC COM	P	2014-03-12	2014-09-23
	QUAL COMM INC	P	2014-01-07	2014-11-24
	CONVERGYS CORP	P	2014-05-01	2015-03-27
	TOWER INTL INC	P	2014-09-30	2015-03-27
	ZEBRA TECHNOLOGIES CORP CL A COM	P	2014-12-09	2015-06-17
	FURMANITE CORPORATION	P	2014-06-24	2014-09-30
	VCA ANTECH INC COMMON	P	2014-05-01	2014-09-30
	VANGUARD REIT ETF	P	2013-11-26	2015-01-06
	INTERNATIONAL BUSINESS MACHINES COM	P	2012-11-09	2015-01-06
	AMGEN INC COM	P	2013-11-21	2015-03-24
	PACKAGING CORP AMER	P	2014-03-12	2015-05-26
	SEAGATE TECHNOLOGY PLC SHS QDI	P	2013-11-21	2015-08-21
	ACETO CHEM INC COMMON	P	2014-05-01	2015-06-17
	FN AH5583 02/01/11 4.500 02/01/41 M	P	2011-02-09	2015-01-25
	FN AL3519 04/01/13 4.500 11/01/41 M	P	2013-07-22	2015-02-25
	FN AQ7081 12/01/12 3.500 12/01/42 M	P	2013-07-10	2015-03-25
	FN AR2583 02/01/13 3.500 02/01/43 M	P	2013-02-13	2015-04-25
	FN AR5265 02/01/13 3.000 02/01/43 M	P	2013-02-15	2015-05-25
	FN AR5858 01/01/13 3.000 02/01/43 M	P	2013-09-23	2015-06-25
	FN AR9902 03/01/13 3.500 04/01/43 M	P	2013-08-12	2015-07-25
	FN AU2933 08/01/13 3.500 09/01/43 M	P	2013-09-16	2015-08-25
	FG A9-0316 12/01/09 4.500 12/01/39	P	2013-05-15	2014-10-15
	FG Q1-7639 04/01/13 3.000 04/01/43	P	2013-09-16	2014-11-15
	FN 190404 04/01/10 4.500 05/01/40 M	P	2013-06-19	2014-12-25
	WILLIAM BLAIR FDS ALLOC I	P	2014-10-01	2014-12-15
	TRINITY INDUSTRIES	P	2015-01-06	2015-03-24
	CISCO SYSTEMS COM	P	2014-09-22	2015-05-22
	REYNOLDS AMERICAN INC	P	2015-03-24	2015-08-20
	ALLIANCE DATA SYS COMMON	P	2013-11-21	2014-09-22
	GENERAL MLS INC COM	P	2014-03-12	2014-09-23
	UNIVERSAL HEALTH SVCS INC	P	2014-09-23	2014-11-24
	FEDERAL SIGNAL CORP COM	P	2014-05-01	2015-03-27
	TOWER INTL INC	P	2014-05-01	2015-03-27
	TESCO CORP QDI	P	2014-09-30	2015-06-18
	FURMANITE CORPORATION	P	2014-06-25	2014-09-30
	VERINT SYS INC	P	2014-06-24	2014-09-30
	JPMORGAN TR INCOME OPP SEL	P	2013-11-26	2015-04-20
	INTERNATIONAL BUSINESS MACHINES COM	P	2012-11-14	2015-01-06
	HANESBRANDS INC.	P	2013-11-21	2015-03-24
	RAYTHEON COMPANY	P	2013-11-29	2015-05-26
	ROYAL CARRIBEAN CRUISES LTD COM QDI	P	2014-03-13	2015-08-21
	AKORN INC	P	2014-05-01	2015-06-17
	FN AL3519 04/01/13 4.500 11/01/41 M	P	2013-07-22	2015-01-25
	FN AQ7081 12/01/12 3.500 12/01/42 M	P	2013-07-10	2015-02-25
	FN AR2583 02/01/13 3.500 02/01/43 M	P	2013-02-13	2015-03-25
	FN AR5265 02/01/13 3.000 02/01/43 M	P	2013-02-15	2015-04-25
	FN AR5858 01/01/13 3.000 02/01/43 M	P	2013-09-23	2015-05-25
	FN AR9902 03/01/13 3.500 04/01/43 M	P	2013-08-12	2015-06-25
	FN AU2933 08/01/13 3.500 09/01/43 M	P	2013-09-16	2015-07-25
	FN 745580 05/01/06 5.000 06/01/36 M	P	2013-09-27	2015-08-25
	FG Q1-7639 04/01/13 3.000 04/01/43	P	2013-09-16	2014-10-15
	FN 190404 04/01/10 4.500 05/01/40 M	P	2013-06-19	2014-11-25
	FN AJ5890 11/01/11 4.000 11/01/41 M	P	2013-03-13	2014-12-25
	VANGUARD MSCI EAFE ETF RIC	P	2014-10-01	2014-12-15
	BROADRIDGE FINANCIAL SOLUTIO	P	2015-01-12	2015-03-23
	CONOCOPHILLIPS	P	2014-09-23	2015-05-22
	TRINITY INDUSTRIES	P	2015-01-06	2015-08-20
	AMGEN INC COM	P	2014-06-13	2014-09-22
	MYLAN LABS INC COM	P	2013-11-21	2014-09-23
	WHIRLPOOL CORP COM	P	2014-09-22	2014-11-24
	GRAPHIC PACKAGING HLDG CO	P	2014-05-01	2015-03-27
	TOWER INTL INC	P	2014-05-01	2015-03-27
	TESCO CORP QDI	P	2015-03-30	2015-06-18
	FURMANITE CORPORATION	P	2014-05-01	2014-09-30
	FURMANITE CORPORATION	P	2014-05-01	2014-10-01
	TEMPLETON INTERNATIONAL BOND ADV	P	2013-12-09	2015-04-20
	INTERNATIONAL BUSINESS MACHINES COM	P	2013-11-21	2015-01-06
	SKYWORKS SOLUTIONS INC	P	2014-03-12	2015-03-24
	AMDOCS LTD	P	2014-03-13	2015-08-20
	ALLSTATE CORP COM	P	2013-11-27	2015-08-21
	HORACE MANN EDUCATORS CORP	P	2014-05-01	2015-06-17
	FN AQ7081 12/01/12 3.500 12/01/42 M	P	2013-07-10	2015-01-25
	FN AR2583 02/01/13 3.500 02/01/43 M	P	2013-02-13	2015-02-25
	FN AR5265 02/01/13 3.000 02/01/43 M	P	2013-02-15	2015-03-25
	FN AR5858 01/01/13 3.000 02/01/43 M	P	2013-09-23	2015-04-25
	FN AR9902 03/01/13 3.500 04/01/43 M	P	2013-08-12	2015-05-25
	FN AU2933 08/01/13 3.500 09/01/43 M	P	2013-09-16	2015-06-25
	FN 745580 05/01/06 5.000 06/01/36 M	P	2013-09-27	2015-07-25
	FN AB6609 09/01/12 3.500 10/01/42 M	P	2013-01-18	2015-08-25
	FN 190404 04/01/10 4.500 05/01/40 M	P	2013-06-19	2014-10-25
	FN AJ5890 11/01/11 4.000 11/01/41 M	P	2013-03-13	2014-11-25
	FN AH5583 02/01/11 4.500 02/01/41 M	P	2011-02-09	2014-12-25

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	99,215	95,688	3,527
b	10,609	6,596	4,013
c	14,976	13,344	1,632
d	17,157	17,061	96
e	10,738	12,994	-2,256
	19,061	14,589	4,472
	39,907	26,191	13,716
	49,102	49,194	-92
	2,654	1,887	767
	2,317	1,992	325
	2,791	2,867	-76
	2,001	1,765	236
	20,075	15,822	4,253
	117,407	125,732	-8,325
	85,122	89,447	-4,325
	26,296	20,153	6,143
	45,174	44,406	768
	92,758	57,705	35,053
	11,471	11,213	258
	13	14	-1
	10	11	-1
	4	3	1
	11	11
	13	13
	75	75
	61	65	-4
	5	6	-1
	8	8
	34	34
	126	135	-9
	95,991	88,909	7,082
	12,049	14,648	-2,599
	12,240	13,604	-1,364
	13,916	13,151	765
	12,061	11,982	79
	5,849	4,279	1,570
	18,247	16,008	2,239
	59,051	64,306	-5,255
	194	105	89
	1,481	1,297	184
	2,264	1,526	738
	2,773	2,317	456
	12,288	14,520	-2,232
	11,149	10,105	1,044
	23,713	28,095	-4,382
	8,650	6,399	2,251
	15,199	9,320	5,879
	40,517	23,816	16,701
	4,192	2,843	1,349
	10	11	-1
	3	3
	11	11
	16	16
	84	84
	36	38	-2
	5	5
	23	24	-1
	40	41	-1
	94	100	-6
	8	8
	152,155	146,721	5,434
	13,944	14,555	-611
	19,615	13,351	6,264
	12,956	11,644	1,312
	22,118	24,825	-2,707
	5,015	4,946	69
	17,893	13,302	4,591
	16,353	17,443	-1,090
	5,042	4,359	683
	7,113	7,724	-611
	3,282	2,158	1,124
	5,643	4,619	1,024
	12,770	14,935	-2,165
	126,959	110,713	16,246
	8,834	10,246	-1,412
	23,289	26,188	-2,899
	4,580	4,058	522
	27,162	26,930	232
	2,150	1,146	1,004
	4	3	1
	126	128	-2
	60	60
	79	79
	65	69	-4
	7	7
	45	42	3
	35	38	-3
	94	101	-7
	7	7
	18	19	-1
	217,323	282,400	-65,077
	25,721	24,182	1,539
	14,775	13,200	1,575
	18,911	17,444	1,467
	82,967	101,059	-18,092
	101,495	88,687	12,808
	19,952	21,912	-1,960
	17,627	16,641	986
	4,757	2,993	1,764
	10,803	2,818	7,985
	2,690	2,424	266
	2,551	3,627	-1,076
	4,249	10,009	-5,760
	129,354	112,553	16,801
	52,912	68,420	-15,508
	105,386	92,405	12,981
	74,094	64,409	9,685
	10,821	10,772	49
	15,825	15,107	718
	11	11
	10	10
	87	87
	45	48	-3
	7	8	-1
	75	71	4
	27	29	-2
	33	33
	51	51
	8	8
	10	11	-1
	189,526	237,037	-47,511
	12,897	6,857	6,040
	20,290	18,963	1,327
	110,710	117,806	-7,096
	14,243	13,689	554
	48,732	44,246	4,486
	17,224	18,901	-1,677
	7,065	3,162	3,903
	4,073	2,496	1,577
	4,730	3,172	1,558
	8,208	5,886	2,322
	8,864	10,415	-1,551
	4,170	3,996	174
	237,726	242,615	-4,889
	32,963	22,164	10,799
	31,400	32,026	-626
	9,494	7,260	2,234
	63,260	61,438	1,822
	2,681	1,703	978
	49	49
	67	67
	28	30	-2
	7	7
	43	41	2
	29	31	-2
	21	23	-2
	132	142	-10
	16	17	-1
	10	10
	3	3
	600,152	598,124	2,028
	10,318	6,391	3,927
	13,102	11,083	2,019
	9,296	8,890	406
	26,172	42,496	-16,324
	75,114	86,714	-11,600
	4,167	4,021	146
	2,777	1,573	1,204
	20,397	17,529	2,868
	2,639	2,470	169
	13,760	16,404	-2,644
	3,606	3,992	-386
	11,860	13,095	-1,235
	263,235	291,911	-28,676
	12,833	9,896	2,937
	78,614	65,565	13,049
	39,308	22,512	16,796
	78,405	72,316	6,089
	9,310	12,557	-3,247
	88	88
	31	33	-2
	8	8
	78	73	5
	33	35	-2
	45	48	-3
	43	43
	7	7
	11	11
	3	3
	72	73	-1
	351,214	363,116	-11,902
	6,291	10,433	-4,142
	2,167	1,504	663
	9,145	7,832	1,313
	33,537	53,857	-20,320
	36,770	39,693	-2,923
	447	428	19
	2,477	2,475	2
	14,324	14,161	163
	10,158	4,186	5,972
	2,780	1,897	883
	4,927	5,435	-508
	15,134	16,181	-1,047
	94,319	95,682	-1,363
	16,218	9,370	6,848
	7,166	5,959	1,207
	2,632	2,538	94
	74,878	87,219	-12,341
	2,958	1,572	1,386
	46	49	-3
	5	5
	75	71	4
	33	35	-2
	28	30	-2
	38	38
	147	157	-10
	11	11
	16	16
	13	13
	11	11
	256,325	261,889	-5,564
	10,074	11,849	-1,775
	5,093	4,455	638
	15,675	14,141	1,534
	9,285	7,575	1,710
	9,451	10,186	-735
	10	9	1
	8,999	11,864	-2,865
	3,641	2,732	909
	3,341	2,659	682
	2,008	1,750	258
	2,956	3,261	-305
	7,732	13,907	-6,175
	14,240	9,962	4,278
	10,722	9,303	1,419
	106,175	82,932	23,243
	10,894	9,985	909
	3,858	3,805	53
	1,806	1,158	648
	5	6	-1
	52	49	3
	38	41	-3
	63	67	-4
	44	45	-1
	153	164	-11
	7	7
	165	170	-5
	74	75	-1
	11	11
	97	97
	448,230	487,779	-39,549
	17,634	14,350	3,284
	28,112	22,095	6,017
	12,196	10,928	1,268
	9,178	8,783	395
	124,050	99,846	24,204
	12,661	10,626	2,035
	2,585	1,726	859
	3,447	3,100	347
	423	336	87
	3,589	3,532	57
	1,971	2,159	-188
	5,916	6,843	-927
	28,157	16,936	11,221
	5,479	2,764	2,715
	48,304	55,310	-7,006
	41,779	67,352	-25,573
	8,949	6,523	2,426
	7	7
	50	48	2
	30	32	-2
	47	50	-3
	64	65	-1
	162	173	-11
	53	53
	28	29	-1
	16	15	1
	21	21
	102	102
	62	66	-4
	179,937	194,994	-15,057
	2,703	1,424	1,279
	89,094	87,560	1,534
	9,865	10,384	-519
	291	302	-11
	14,738	10,353	4,385
	14,440	14,420	20
	4,298	3,222	1,076
	3,095	2,709	386
	825	807	18
	3,404	2,825	579
	3,868	2,836	1,032
	56	53	3
	939	1,223	-284
	14,998	10,763	4,235
	4,330	4,462	-132
	11,259	18,078	-6,819
	81,020	80,809	211
	63	59	4
	24	26	-2
	21	23	-2
	49	50	-1
	224	240	-16
	7	7
	19	20	-1
	135	139	-4
	75	76	-1
	99	99
	26	27	-1
	80,781	80,572	209
	10,172	5,317	4,855
	66,742	58,740	8,002
	9,246	7,297	1,949
	9,178	10,977	-1,799
	10,066	7,670	2,396
	35,484	35,624	-140
	5,748	5,319	429
	2,550	1,638	912
	126	220	-94
	2,737	3,223	-486
	3,454	2,872	582
	112	112
	939	1,137	-198
	19,634	7,139	12,495
	1,955	2,007	-52
	3,494	2,744	750
	8,820	7,211	1,609
	30	32	-2
	26	28	-2
	38	38
	159	171	-12
	52	52
	9	10	-1
	10	10
	30	29	1
	13	13
	16	17	-1
	5	5
	163,570	163,570
	10,032	16,142	-6,110
	45,964	40,338	5,626
	14,282	13,974	308
	10,737	12,080	-1,343
	3,483	3,554	-71
	12,271	13,523	-1,252
	2,594	2,396	198
	2,738	1,624	1,114
	4,284	4,115	169
	11,406	11,949	-543
	3,305	2,775	530
	313,804	328,896	-15,092
	1,565	1,894	-329
	12,867	9,766	3,101
	12,779	13,115	-336
	14,134	9,213	4,921
	19,424	10,852	8,572
	13	14	-1
	45	45
	110	117	-7
	7	7
	22	23	-1
	144	149	-5
	15	15
	11	12	-1
	27	28	-1
	5	6	-1
	46	43	3
	230,711	239,771	-9,060
	83,002	93,172	-10,170
	14,904	13,538	1,366
	11,233	9,463	1,770
	18,597	20,763	-2,166
	71,171	72,377	-1,206
	5,885	5,985	-100
	1,797	1,743	54
	4,750	4,631	119
	17,479	11,747	5,732
	156	260	-104
	3,650	2,861	789
	158,567	124,098	34,469
	18,622	22,499	-3,877
	13,835	9,234	4,601
	14,140	14,405	-265
	36,599	35,660	939
	2,499	2,168	331
	48	49	-1
	103	110	-7
	7	7
	12	13	-1
	24	25	-1
	4	4
	11	11
	51	51
	5	6	-1
	42	39	3
	24	26	-2
	129,523	136,279	-6,756
	25,430	18,726	6,704
	10,587	9,022	1,565
	340	285	55
	78,493	79,121	-628
	22,411	22,738	-327
	41,804	45,626	-3,822
	2,435	2,345	90
	1,644	1,776	-132
	6,675	11,844	-5,169
	1,202	1,986	-784
	2,850	2,543	307
	63,848	64,280	-432
	3,130	3,717	-587
	31,520	16,167	15,353
	14,150	11,918	2,232
	19,055	11,300	7,755
	16,824	8,934	7,890
	132	141	-9
	51	51
	21	23	-2
	173	178	-5
	3	3
	73	74	-1
	57	57
	85	85
	47	44	3
	25	26	-1
	26	28	-2
	348,548	361,921	-13,373
	7,387	6,425	962
	18,331	22,322	-3,991
	23,613	23,369	244
	11,170	9,142	2,028
	36,802	33,967	2,835
	11,392	9,552	1,840
	2,065	1,490	575
	3,829	4,200	-371
	56	58	-2
	4,538	6,972	-2,434
	3,728	5,824	-2,096
	352,592	377,916	-25,324
	5,946	6,978	-1,032
	16,184	5,912	10,272
	11,529	8,831	2,698
	27,559	24,215	3,344
	19,795	16,833	2,962
	7	7
	11	11
	86	89	-3
	3	3
	72	73	-1
	13	13
	80	80
	29	31	-2
	24	26	-2
	18	19	-1
	32	32

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			3,527
b			4,013
c			1,632
d			96
e			-2,256
			4,472
			13,716
			-92
			767
			325
			-76
			236
			4,253
			-8,325
			-4,325
			6,143
			768
			35,053
			258
			-1
			-1
			1



			-4
			-1


			-9
			7,082
			-2,599
			-1,364
			765
			79
			1,570
			2,239
			-5,255
			89
			184
			738
			456
			-2,232
			1,044
			-4,382
			2,251
			5,879
			16,701
			1,349
			-1




			-2

			-1
			-1
			-6

			5,434
			-611
			6,264
			1,312
			-2,707
			69
			4,591
			-1,090
			683
			-611
			1,124
			1,024
			-2,165
			16,246
			-1,412
			-2,899
			522
			232
			1,004
			1
			-2


			-4

			3
			-3
			-7

			-1
			-65,077
			1,539
			1,575
			1,467
			-18,092
			12,808
			-1,960
			986
			1,764
			7,985
			266
			-1,076
			-5,760
			16,801
			-15,508
			12,981
			9,685
			49
			718



			-3
			-1
			4
			-2



			-1
			-47,511
			6,040
			1,327
			-7,096
			554
			4,486
			-1,677
			3,903
			1,577
			1,558
			2,322
			-1,551
			174
			-4,889
			10,799
			-626
			2,234
			1,822
			978


			-2

			2
			-2
			-2
			-10
			-1


			2,028
			3,927
			2,019
			406
			-16,324
			-11,600
			146
			1,204
			2,868
			169
			-2,644
			-386
			-1,235
			-28,676
			2,937
			13,049
			16,796
			6,089
			-3,247

			-2

			5
			-2
			-3




			-1
			-11,902
			-4,142
			663
			1,313
			-20,320
			-2,923
			19
			2
			163
			5,972
			883
			-508
			-1,047
			-1,363
			6,848
			1,207
			94
			-12,341
			1,386
			-3

			4
			-2
			-2

			-10




			-5,564
			-1,775
			638
			1,534
			1,710
			-735
			1
			-2,865
			909
			682
			258
			-305
			-6,175
			4,278
			1,419
			23,243
			909
			53
			648
			-1
			3
			-3
			-4
			-1
			-11

			-5
			-1


			-39,549
			3,284
			6,017
			1,268
			395
			24,204
			2,035
			859
			347
			87
			57
			-188
			-927
			11,221
			2,715
			-7,006
			-25,573
			2,426

			2
			-2
			-3
			-1
			-11

			-1
			1


			-4
			-15,057
			1,279
			1,534
			-519
			-11
			4,385
			20
			1,076
			386
			18
			579
			1,032
			3
			-284
			4,235
			-132
			-6,819
			211
			4
			-2
			-2
			-1
			-16

			-1
			-4
			-1

			-1
			209
			4,855
			8,002
			1,949
			-1,799
			2,396
			-140
			429
			912
			-94
			-486
			582

			-198
			12,495
			-52
			750
			1,609
			-2
			-2

			-12

			-1

			1

			-1


			-6,110
			5,626
			308
			-1,343
			-71
			-1,252
			198
			1,114
			169
			-543
			530
			-15,092
			-329
			3,101
			-336
			4,921
			8,572
			-1

			-7

			-1
			-5

			-1
			-1
			-1
			3
			-9,060
			-10,170
			1,366
			1,770
			-2,166
			-1,206
			-100
			54
			119
			5,732
			-104
			789
			34,469
			-3,877
			4,601
			-265
			939
			331
			-1
			-7

			-1
			-1



			-1
			3
			-2
			-6,756
			6,704
			1,565
			55
			-628
			-327
			-3,822
			90
			-132
			-5,169
			-784
			307
			-432
			-587
			15,353
			2,232
			7,755
			7,890
			-9

			-2
			-5

			-1


			3
			-1
			-2
			-13,373
			962
			-3,991
			244
			2,028
			2,835
			1,840
			575
			-371
			-2
			-2,434
			-2,096
			-25,324
			-1,032
			10,272
			2,698
			3,344
			2,962


			-3

			-1


			-2
			-2
			-1

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	47,714
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	-144,324

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	1,036,622	18,407,737	0.056314
2012	1,052,864	17,774,048	0.059236
2011	999,872	18,256,246	0.054769
2010	980,266	17,160,124	0.057125
2009	818,923	17,532,344	0.046709

2	Total of line 1, column (d) ......................	2	0.274153
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	0.054831
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	18,692,364
5	Multiply line 4 by line 3.......................	5	1,024,921
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	5,625
7	Add lines 5 and 6.........................	7	1,030,546
8	Enter qualifying distributions from Part XII, line 4..............	8	1,038,929
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	5,625
	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
3	Add lines 1 and 2...........................	3	5,625
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	5,625
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	20,000
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	20,000
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
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	14,375
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax14,375	Refunded	11

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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

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

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

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

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

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

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

Yes

Website address bullet

The books are in care of bullet

J LINTON SUTTLE Telephone no. bullet

(704) 487-8888

Located at bullet

PO BOX 208SHELBYNC ZIP+4 bullet

28151

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
HOYT BAILEY	PRESIDENT 1.00	4,000	0	0
PO BOX 208 SHELBY,NC28151	PRESIDENT 1.00	4,000	0	0
MELANIE ANN KNIGHT	DIRECTOR 1.00	4,000	0	0
PO BOX 208 SHELBY,NC28151	DIRECTOR 1.00	4,000	0	0
J LINTON SUTTLE	TREASURER 1.00	4,000	0	0
PO BOX 208 SHELBY,NC28151	TREASURER 1.00	4,000	0	0
KATHLEEN H WILSON	VICE-PRES. 1.00	4,000	0	0
PO BOX 208 SHELBY,NC28151	VICE-PRES. 1.00	4,000	0	0
CYNTHIA B BUCKINGHAM	DIRECTOR 1.00	4,000	0	0
PO BOX 208 SHELBY,NC28151	DIRECTOR 1.00	4,000	0	0
HARVEY B HAMRICK JR	SECRETARY 1.00	4,000	0	0
PO BOX 208 SHELBY,NC28151	SECRETARY 1.00	4,000	0	0

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









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

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	N/A
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...................

18,819,298

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

65,847

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

91,874

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

18,977,019

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

18,977,019

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

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

284,655

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

18,692,364

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

934,618

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

934,618

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

5,625

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

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

5,625

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

928,993

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

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

928,993

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

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

928,993

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 ..........

1,038,929

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

1,038,929

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

5,625

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

1,033,304

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	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7			928,993
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2014:
a From 2009.......
b From 2010.......
c From 2011.......
d From 2012.......
e From 2013.......	95,969
fTotal of lines 3a through e.........		95,969
4Qualifying distributions for 2014 from Part
XII, line 4: $ 1,038,929
a Applied to 2013, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions).........
d Applied to 2014 distributable amount.....			928,993
e Remaining amount distributed out of corpus		109,936
5 Excess distributions carryover applied to 2014.
(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		205,905
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........
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......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2013. Subtract line 4a from line 2a. Taxable amount—see instructions .............
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) .......
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......		205,905
10 Analysis of line 9:
a Excess from 2010....
b Excess from 2011....
c Excess from 2012....
d Excess from 2013....	95,969
e Excess from 2014....	109,936

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:

AMANDA GRAGG
P O BOX 208
SHELBY,NC28151
(704) 487-8888
NONE

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

DETAILED REQUEST DATA AND COPY OF IRS EXEMPTION CERTIFICATE.

cAny submission deadlines:

NONE.

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

N/A

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
ABUSE PREVENTION COUNCIL PO BOX 2589 SHELBY,NC28151			GENERAL SUPPORT	20,000
ALDERSGATE UNITED METHODIST CHURCH 1207 W DIXON BOULEVARD SHELBY,NC28152			GENERAL SUPPORT	5,000
AMBASSADOR BAPTIST COLLEGE PO BOX 158 LATTIMORE,NC28089			GENERAL SUPPORT	2,000
AMERICAN HEART ASSOCIATION 222 S CHURCH STREET SUI CHARLOTTE,NC28202			RESEARCH	10,000
AMERICAN LEGION WORLD SERIES 1161 EAST MARION STREET SHELBY,NC28150			LONG-TERM PLEDGE AND SPECIAL REQUEST	50,000
APPALACHIAN STATE UNIVERSITY PO BOX 32059 BOONE,NC28608			SCHOLARSHIP C. CARPENTER	7,000
BETHLEHEM UMC 2741 HIGHWAY 274 CHERRYVILLE,NC28021			GENERAL SUPPORT	5,000
BILLY GRAHAM EVANGELISTIC ASSOCIATI 1 BILLY GRAHAM PARKWAY CHARLOTTE,NC28201			GENERAL SUPPORT	500
BOY SCOUTS OF AMERICA PO BOX 1059 GASTONIA,NC28053			GENERAL SUPPORT	5,000
BOYS & GIRLS CLUB OF CLEVELAND CO PO BOX 2001 SHELBY,NC28151			GENERAL SUPPORT	35,000
BROTHERS IN CHRIST OUTREACH MINISTR PO BOX 1264 SHELBY,NC28151			GENERAL SUPPORT	15,000
BURNS HIGH SCHOOL 307 E STAGECOACH TRAIL LAWNDALE,NC28090			BAND/ORCHESTRA SUPPORT	2,500
BURNS MIDDLE SCHOOL 215 SHADY GROVE ROAD LAWNDALE,NC28090			GENERAL SUPPORT	100
CHILDREN'S HOMES OF CLEVELAND COUNT PO BOX 2053 SHELBY,NC28151			GENERAL SUPPORT	20,000
CITY OF SHELBY PO BOX 207 SHELBY,NC28151			CRIME STOPPERS SUPPORT	5,000
CLEMSON UNIVERSITY G-08 SIKES HALL CLEMSON,SC29634			SCHOLARSHIP MACKENZIE SMITH	7,000
CLEVELAND CO ARTS COUNCIL 111 S WASHINGTON STREET SHELBY,NC28150			GENERAL SUPPORT	10,000
CLEVELAND CO BUSINESS DEV CENTER 7 NORTH LAFAYETTE STREET SHELBY,NC28150			GENERAL SUPPORT	2,500
CLEVELAND CO FAMILY YMCA 411 CHERRYVILLE HIGHWAY SHELBY,NC28150			GENERAL SUPPORT	12,500
CLEVELAND CO HUMANE SOCIETY PO BOX 2432 SHELBY,NC28151			GENERAL SUPPORT	45,000
CLEVELAND CO REALTOR'S PO BOX 2407 SHELBY,NC28151			GENERAL SUPPORT	5,000
CLEVELAND CO RESCUE MISSION PO BOX 1272 SHELBY,NC28151			GENERAL SUPPORT	10,000
CLEVELAND CO SCHOOL ED FOUNDATION 400 WEST MARION STREET SHELBY,NC28150			HEROES PROGRAM SUPPORT	3,000
CLEVELAND CO SENIOR HOUSING 408 MARION STREET SHELBY,NC28150			LIONS SENIOR VILLAGE	300
CLEVELAND CO-SHELBY RELAY FOR LIFE 1310 MONTROSE DRIVE SHELBY,NC28150			GENERAL SUPPORT	7,000
CLEVELAND COMMUNITY COLLEGE 137 SOUTH POST ROAD SHELBY,NC28152			LEGRAND CENTER LONG-TERM PLEDGE	25,000
CLEVELAND PSYCHOSOCIAL SERVICES 924 N LAFAYETTE STREET SHELBY,NC28150			GENERAL SUPPORT	10,000
CLEVELAND VOCATIONAL INDUSTRIES 650 N POST ROAD SHELBY,NC28150			GENERAL SUPPORT	15,000
CLEVELANDRUTHFORD KIDNEY ASSOCIATI 1017 N WASHINGTON STREET SHELBY,NC28150			GENERAL SUPPORT	25,000
CLIFFORD'S ARMY RESCUE EXTRAVAGANZA PO BOX 370 EARL,NC28038			GENERAL SUPPORT	5,000
COMMUNITIES IN SCHOOL 312 WEST MARION STREET SHELBY,NC28150			GENERAL SUPPORT	5,000
COMMUNITY MATH ACADEMY PO BOX 687 SHELBY,NC28151			GENERAL SUPPORT	7,500
DESTINATION CLEVELAND COUNTY INC PO BOX 2063 SHELBY,NC28151			GENERAL SUPPORT	10,000
DON GIBSON THEATRE PO BOX 105 SHELBY,NC28151			GENERAL SUPPORT	2,000
DOVER BAPTIST CHURCH 1501 POLKVILLE ROAD SHELBY,NC28150			GENERAL SUPPORT	20,000
FELLOWSHIP OF CHRISTIAN ATHLETES PO BOX 83 SHELBY,NC28151			GENERAL SUPPORT	5,000
FIRST IN FAMILIES OF NORTH CAROLINA 3109 UNIVERSITY DRIVE S DURHAM,NC27707			GENERAL SUPPORT	1,800
FOOTHILLS CONSERVANCY OF NC PO BOX 3023 MORGANTON,NC28680			GENERAL SUPPORT	2,500
GARDNER-WEBB UNIVERSITY PO BOX 955 BOILING SPRINGS,NC28017			GENERAL SUPPORT	25,000
GARDNER-WEBB UNIVERSITY PO BOX 955 BOILING SPRINGS,NC28017			SCHOLARSHIP M. HARRIS	15,000
GARDNER-WEBB UNIVERSITY PO BOX 955 BOILING SPRINGS,NC28017			SCHOLARSHIP R. MOWER	7,000
GARDNER-WEBB UNIVERSITY PO BOX 955 BOILING SPRINGS,NC28017			SCHOLARSHIP M. WHITE	7,000
GARDNER-WEBB UNIVERSITY PO BOX 955 BOILING SPRINGS,NC28017			SCHOLARSHIP M. WALLER	7,000
GARDNER-WEBB UNIVERSITY PO BOX 955 BOILING SPRINGS,NC28017			SCHOLARSHIP S. HARDIN	7,000
GARDNER-WEBB UNIVERSITY PO BOX 955 BOILING SPRINGS,NC28017			SCHOLARSHIP L. GOULD	7,000
GIRL SCOUTS CAROLINA PEAKS TO PIEDM 530 4TH STREET SW HICKORY,NC28602			GENERAL SUPPORT	5,000
GRACE CHRISTIAN ACADEMY 260 RANGE ROAD KINGS MOUNTAIN,NC28086			SCHOLARSHIP PROGRAM	3,500
GREATER CLEVELAND CO BAPTIST ASSOC 1175 WYKE ROAD SHELBY,NC28150			GENERAL SUPPORT	50,000
HEART 2 HEART PO BOX 1423 SHELBY,NC28151			GENERAL SUPPORT	2,000
HOG HAPPNIN' PO BOX 2343 SHELBY,NC28151			GENERAL SUPPORT	10,000
HOLY ANGELS PO BOX 710 BELMONT,NC28012			GENERAL SUPPORT	3,500
HOSPITALITY HOUSE OF CHARLOTTE 1400 SCOTT AVENUE CHARLOTTE,NC28203			GENERAL SUPPORT	6,000
HOUSE OF MERCY INC PO BOX 808 BELMONT,NC28012			GENERAL SUPPORT	3,000
HOYLE MEMORIAL UNITED METHODIST CHU 1741 FALLSTON ROAD SHELBY,NC28150			GENERAL SUPPORT	1,200
INDEPENDENT COLLEGE FUND OF NC 530 N BLOUNT STREET RALEIGH,NC27604			GENERAL SUPPORT	1,500
JUNIOR CHARITY LEAGUE OF SHELBY NC PO BOX 1324 SHELBY,NC28151			GENERAL SUPPORT	7,500
KIDS SENSES PO BOX 150 RUTHERFORDTON,NC28139			GENERAL SUPPORT	5,000
KINGS MOUNTAIN HIGH SCHOOL 500 PHIFER RD KINGS MOUNTAIN,NC28086			GENERAL SUPPORT	600
KINGS MOUNTAIN TOUCHDOWN CLUB PO BOX 2017 KINGS MOUNTAIN,NC28086			GENERAL SUPPORT	1,000
LATTIMORE HISTORICAL SOCIETY PO BOX 126 LATTIMORE,NC28089			GENERAL SUPPORT	5,000
LAURA'S HOMES OF NC PO BOX 279 SHELBY,NC28151			GENERAL SUPPORT	5,000
LIFE ENRICHMENT CENTER 101 LIFE ENRICHMENT BOULE SHELBY,NC28150			GENERAL SUPPORT	50,000
MARANATHA BAPTIST CHURCH 413 POLKVILLE ROAD SHELBY,NC28150			GENERAL SUPPORT	5,000
MAUNEY MEMORIAL LIBRARY 100 SOUTH PIEDMONT AVENUE KINGS MOUNTAIN,NC28086			GENERAL SUPPORT	5,000
MENTAL HEALTH ASSOCIATION OF CLEVEL PO BOX 623 SHELBY,NC28151			GENERAL SUPPORT	5,000
MT CALVARY BAPTIST CHURCH 422 CAROLINA AVENUE SHELBY,NC28150			GENERAL SUPPORT	3,000
NC AGRICULTURAL FOUNDATION INC NC STATE BOX 7645 RALEIGH,NC27695			GENERAL SUPPORT	15,000
NC STATE UNIVERSITY OFFICE OF SCHOL 2016 HARRIS HALL BOX 730 RALEIGH,NC27695			SCHOLARSHIP L. HUMPHRIES	7,000
NC STATE UNIVERSITY OFFICE OF SCHOL 2016 HARRIS HALL BOX 730 RALEIGH,NC27695			SCHOLARSHIP A. MCNEARY	7,000
NC STATE UNIVERSITY OFFICE OF SCHOL 2016 HARRIS HALL BOX 730 RALEIGH,NC27695			SCHOLARSHIP T. HENDRIX	7,000
NCBM SHELBY MISSION CAMP PO BOX 1047 SHELBY,NC28151			GENERAL SUPPORT	10,000
NCSU STUDENT AID ASSOCIATION PO BOX 37100 RALEIGH,NC27627			GENERAL SUPPORT	25,000
PATRICK SENIOR CENTER 909 EAST KINGS STREET KINGS MOUNTAIN,NC28086			LONG-TERM PLEDGE	75,000
PENLAND SCHOOL OF CRAFTS PO BOX 37 PENLAND,NC28765			GENERAL SUPPORT	3,000
PENTECOSTAL APOSTOLIC CHURCH OF CHR 125 WEST ZION CHURCH ROAD SHELBY,NC28150			GENERAL SUPPORT	1,500
POPLAR SPRINGS BAPTIST CHURCH 1106 POPLAR SPRINGS CHURC SHELBY,NC28152			GENERAL SUPPORT	2,500
SALVATION ARMY 311 N LAFAYETTE STREET SHELBY,NC28150			GENERAL SUPPORT	35,000
SANDY RUN BAPTIST CHURCH PO BOX 297 MOORESBORO,NC28114			GENERAL SUPPORT	2,000
SECOND BAPTIST CHURCH 1114 S LAFAYETTE STREET SHELBY,NC28152			GENERAL SUPPORT	2,000
SHELBY HIGH SCHOOL 230 EAST DIXON BOULEVARD SHELBY,NC28152			CHAMBER ORCHESTRA & ATHLETIC PROGRAM	13,500
SHELBY INTERMEDIATE SCHOOL 220 SOUTH POST ROAD SHELBY,NC28152			6TH GRADE FIELD TRIP SCHOLARSHIP FUN	5,000
SHELBY MIDDLE SCHOOL 1480 S DEKALB STREET SHELBY,NC28152			MODEL UN CONFERENCE SCHOLARSHIP FUND	7,500
SPECIAL OLYMPICS OF NC 2200 GATEWAY CENTER BOULE MORRISVILLE,NC27560			GENERAL SUPPORT	2,000
THE MASTER'S HOUSE 2277 OG LAIL ROAD SHELBY,NC28152			GENERAL SUPPORT	2,500
THOMAS JEFFERSON CLASSICAL ACADEMY 2527 US 221A HIGHWAY MOORESBORO,NC28114			APPLY TO MATCHING GRANT	5,000
TONAL SPECTRUM 510 BIG OAK ROAD SHELBY,NC28150			GENERAL SUPPORT	2,500
UNION BAPTIST CHURCH 3800 POLKVILLE ROAD SHELBY,NC28150			GENERAL SUPPORT	1,500
UNITED WAY OF CLEVELAND COUNTY PO BOX 2242 SHELBY,NC28151			GENERAL SUPPORT	5,000
UNIVERSITY OF SOUTH CAROLINA 518 MAIN STREET COLUMBIA,SC29208			SCHOLARSHIP S. PATTERSON B	15,000
UPPER CLEVELAND RESCUE SQUAD PO BOX 278 LAWNDALE,NC28090			GENERAL SUPPORT	5,000
UPTOWN SHELBY ASSOCIATION PO BOX 2042 SHELBY,NC28151			GENERAL SUPPORT	5,000
VFW POST 4066 305 W WARREN STREET SHELBY,NC28150			GENERAL SUPPORT	1,000
WALLS MEMORIAL BAPTIST CHURCH 2223 ELIZABETH AVENUE SHELBY,NC28150			GENERAL SUPPORT	2,000
WASHINGTON OUTREACH MINISTRY PO BOX 507 WACO,NC28169			GENERAL SUPPORT	3,000
WILLOW TREE COMMUNITY SCHOOL PO BOX 753 BOILING SPRINGS,NC28017			GENERAL SUPPORT	3,000
YOUNG LIFE PO BOX 1757 SHELBY,NC28151			GENERAL SUPPORT	15,000
Total ................................. 3a				956,500

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	651,563
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 .............			25	47,714
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)..				699,277

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

13699,277

(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

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
OFFICE FURNITURE	1987-01-01	2,513	2,513	S/L	10.0000
TYPEWRITER	1992-08-01	843	843	S/L	10.0000
COMPUTER DESK	1992-10-01	705	705	S/L	10.0000
FILE CABINETS	1992-01-01	445	445	S/L	10.0000
MAIN HOUSE	1991-04-01	84,000	49,175	S/L	40.0000	525
HOUSE	1991-04-01	36,000	21,075	S/L	40.0000	225
SIDING	1995-12-20	9,175	9,175	S/L	15.0000
ROOF	1996-05-14	6,690	6,690	S/L	15.0000
REPLACEMENT WINDOWS	1996-01-09	1,150	1,150	S/L	15.0000
HEWLETT PACKARD OFFICE JETPRO	1999-06-30	700	700	S/L	5.0000
LAND	1991-04-01	38,000
CONFERENCE TABLE/2 CHAIRS	2002-01-10	1,210	1,210	S/L	7.0000
4-LINE BUSINESS SPEAKER PHONE SYSTEM	2003-05-30	631	631	S/L	5.0000
PHONE SYSTEM	2005-01-18	952	952	S/L	5.0000
ELITEBOOK & ACCESSORIES	2013-04-30	2,178	581	S/L	5.0000	435
42-IN MONITOR	2013-04-30	1,266	338	S/L	5.0000	253
DOMAIN NAME	2013-04-30	479	64	S/L	10.0000	48
CONFERENCE ROOM PHONE EQUIP	2013-02-11	419	133	S/L	5.0000	84
COMPUTER HARDDRIVE	2015-05-07	766		S/L	5.0000	51
TV & APPLE TV FROM BEST BUY	2015-06-24	1,273		S/L	5.0000	42
IPAD	2015-08-17	673		S/L	5.0000

Name of Stock	End of Year Book Value	End of Year Fair Market Value
STOCKS	6,437,179	6,699,676
MUTUAL, EX TRADED & CLOSED END FUNDS	6,271,657	6,466,703

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
OFFICE FURNITURE/EQUIPMENT	15,052	10,027	5,025	5,025
BUILDINGS	137,015	88,015	49,000	49,000
LAND	38,000		38,000	38,000

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
EXPENSES
OFFICE SUPPLIES/POSTAGE	3,425
DUES & SUBSCRIPTIONS	1,116
MISCELLANEOUS EXPENSE	837
MEETING EXPENSE	2,451		1,838
SCHOLARSHIP SELECTION COMMITT	1,250		1,250
MEALS & ENTERTAINMENT	203
BANK CHARGES	34
INSURANCE - D & O	1,664		1,498
AMORTIZATION OF BOND PREMIUMS	37,113	37,113

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OUTSIDE CONTRACT SERVICES	3,487
MANAGEMENT FEES-FIFTH THIRD	99,646	99,646