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
GEORGE F & ROSALIE PETERSON MEMORIAL TR2

Number and street (or P.O. box number if mail is not delivered to street address)PNC BANK NA 620 LIBERTY AVENUE 10 Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA152222705

A Employer identification number

25-6121241

B Telephone number (see instructions)

(412) 762-8133

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

$2,353,739J 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......	40,080		40,080
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		166,482
b	Gross sales price for all assets on line 6a 464,969
7	Capital gain net income (from Part IV, line 2)...			166,482
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).......
12	Total. Add lines 1 through 11........	206,562		206,562
13	Compensation of officers, directors, trustees, etc.	18,140		17,233		907
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		8,248	83		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		4,146	4,146
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	30,534		21,462	0	907
25	Contributions, gifts, grants paid........	97,682				97,682
26	Total expenses and disbursements. Add lines 24 and 25	128,216		21,462	0	98,589
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	78,346
b	Net investment income (if negative, enter -0-)			185,100
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..........	69,374	89,685	89,685
	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)........	379,330	397,344	677,498
	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)...........	1,381,671	1,365,060	1,586,556
	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)	1,830,375	1,852,089	2,353,739
	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.........	1,830,345	1,850,361
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	30	1,728
	30	Total net assets or fund balances (see instructions)......	1,830,375	1,852,089
	31	Total liabilities and net assets/fund balances (see instructions)..	1,830,375	1,852,089

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	1,830,375
2	Enter amount from Part I, line 27a.....................	2	78,346
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	1,908,721
5	Decreases not included in line 2 (itemize)	5	56,632
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	1,852,089

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	4. AMAZON.COM INC		2013-04-26	2014-01-01
b	3. FACEBOOK INC A		2013-11-13	2014-01-01
c	27. FACEBOOK INC A		2012-05-18	2014-01-01
d	2. PRICELINE.COM INC		2013-04-24	2014-01-01
e	1. WORLDCOM INC COM		2001-01-01	2014-01-08
	1. WYETH		2001-01-01	2014-01-08
	48. EBAY INC		2012-11-16	2014-01-13
	20. WHOLE FOODS MKT INC COM		2010-10-11	2014-01-13
	8. NOBLE ENERGY INC COM		2013-10-01	2014-01-14
	17. NOBLE ENERGY INC COM		2013-10-01	2014-01-14
	16. NOBLE ENERGY INC COM		2013-10-01	2014-01-14
	2. PERRIGO CO LTD SEDOL BGH1M56		2013-12-19	2014-01-14
	5. DIAGEO P L C SPNSRD ADR NEW		2013-03-06	2014-01-16
	6. LUXOTTICA GROUP S P A SPONSORED ADR		2013-03-22	2014-01-16
	6. LUXOTTICA GROUP S P A SPONSORED ADR		2013-03-22	2014-01-16
	6. LUXOTTICA GROUP S P A SPONSORED ADR		2013-03-15	2014-01-16
	4. DIAGEO P L C SPNSRD ADR NEW		2013-03-04	2014-01-17
	6. LUXOTTICA GROUP S P A SPONSORED ADR		2013-03-15	2014-01-17
	6. LUXOTTICA GROUP S P A SPONSORED ADR		2013-03-20	2014-01-17
	1. PERRIGO CO LTD SEDOL BGH1M56		2013-12-19	2014-01-17
	12. LUXOTTICA GROUP S P A SPONSORED ADR		2013-03-21	2014-01-21
	6. PERRIGO CO LTD SEDOL BGH1M56		2013-12-19	2014-01-21
	10. LUXOTTICA GROUP S P A SPONSORED ADR		2013-03-15	2014-01-22
	11. NOVO NORDISK A S ADR		2012-10-23	2014-01-22
	1. PRICELINE.COM INC		2013-04-19	2014-01-22
	23. VMWARE INC CLASS A		2013-05-10	2014-01-22
	11. BRISTOL MYERS SQUIBB CO		2013-11-22	2014-01-23
	10. LUXOTTICA GROUP S P A SPONSORED ADR		2013-03-14	2014-01-23
	11. LUXOTTICA GROUP S P A SPONSORED ADR		2013-03-13	2014-01-23
	5. RALPH LAUREN CORP		2010-05-18	2014-01-23
	7. DIAGEO P L C SPNSRD ADR NEW		2013-03-04	2014-01-24
	11. LUXOTTICA GROUP S P A SPONSORED ADR		2013-03-04	2014-01-24
	15. BRISTOL MYERS SQUIBB CO		2013-11-18	2014-01-27
	8. DIAGEO P L C SPNSRD ADR NEW		2013-03-12	2014-01-27
	10. LUXOTTICA GROUP S P A SPONSORED ADR		2013-03-04	2014-01-27
	13. BRISTOL MYERS SQUIBB CO		2013-11-18	2014-01-28
	18. MASTERCARD INC CL A		2012-03-09	2014-01-28
	3. APPLE INC		2013-12-30	2014-01-30
	3. APPLE INC		2013-05-01	2014-01-30
	26. FMC TECHNOLOGIES INC		2013-02-12	2014-01-30
	24. FMC TECHNOLOGIES INC		2013-02-06	2014-01-30
	14. LUXOTTICA GROUP S P A SPONSORED ADR		2013-02-20	2014-01-30
	16. LUXOTTICA GROUP S P A SPONSORED ADR		2013-02-20	2014-01-31
	17. LUXOTTICA GROUP S P A SPONSORED ADR		2013-02-21	2014-01-31
	41. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2013-08-06	2014-02-04
	10. LAUDER ESTEE COS INC CL A		2010-12-23	2014-02-05
	5. RALPH LAUREN CORP		2010-06-16	2014-02-05
	7. RALPH LAUREN CORP		2010-06-16	2014-02-05
	18. LAUDER ESTEE COS INC CL A		2010-12-22	2014-02-06
	17. LAUDER ESTEE COS INC CL A		2010-12-09	2014-02-07
	11. MASTERCARD INC CL A		2011-07-07	2014-02-26
	13. MASTERCARD INC CL A		2011-07-07	2014-02-26
	10. MEAD JOHNSON NUTRITION CO		2013-09-17	2014-02-26
	5. MEAD JOHNSON NUTRITION CO		2013-08-05	2014-02-26
	11. MEAD JOHNSON NUTRITION CO		2013-08-12	2014-02-26
	5. MEAD JOHNSON NUTRITION CO		2013-09-17	2014-02-26
	6. ILLUMINA INC COM		2013-05-21	2014-02-27
	7. BIOMARIN PHARMACEUTICAL INC		2013-10-02	2014-02-28
	22. BRISTOL MYERS SQUIBB CO		2013-11-18	2014-02-28
	11. EXPRESS SCRIPTS HLDG CO		2010-07-30	2014-02-28
	1. PRICELINE.COM INC		2013-04-19	2014-02-28
	10. UNITED TECHNOLOGIES CORP COM		2012-02-10	2014-02-28
	7. VERTEX PHARMACEUTICALS INC		2013-12-19	2014-02-28
	8. VERTEX PHARMACEUTICALS INC		2009-04-30	2014-02-28
	1717.706 HARBOR FD INTL FD		2003-03-21	2014-03-03
	37.983 HARBOR FD INTL FD		2013-12-17	2014-03-03
	3. ILLUMINA INC COM		2013-05-20	2014-03-10
	2. NETFLIX.COM INC		2013-10-24	2014-03-10
	1. PRICELINE.COM INC		2013-03-22	2014-03-10
	10. SALESFORCE.COM		2014-01-14	2014-03-10
	12. SALESFORCE.COM		2014-01-13	2014-03-10
	3. GOLDMAN SACHS GROUP INC COM		2013-09-24	2014-03-20
	4. GOLDMAN SACHS GROUP INC COM		2013-09-24	2014-03-21
	4. GOLDMAN SACHS GROUP INC COM		2013-09-24	2014-03-24
	1. GOLDMAN SACHS GROUP INC COM		2013-09-24	2014-03-25
	5. GOLDMAN SACHS GROUP INC COM		2013-10-25	2014-03-25
	5. ALEXION PHARMACEUTICALS INC		2013-03-06	2014-03-26
	5. ILLUMINA INC COM		2013-05-20	2014-03-26
	3. ALEXION PHARMACEUTICALS INC		2013-03-08	2014-03-27
	19. LAUDER ESTEE COS INC CL A		2010-11-26	2014-03-28
	2. MONDELEZ INTERNATIONAL		2012-10-04	2014-03-28
	30. MONDELEZ INTERNATIONAL		2013-05-14	2014-03-28
	33. MONDELEZ INTERNATIONAL		2012-10-04	2014-03-28
	17. LAUDER ESTEE COS INC CL A		2010-11-23	2014-04-01
	10. LAUDER ESTEE COS INC CL A		2010-11-30	2014-04-01
	13. LAUDER ESTEE COS INC CL A		2010-11-30	2014-04-03
	15. LAUDER ESTEE COS INC CL A		2010-11-29	2014-04-07
	5. GOLDMAN SACHS GROUP INC COM		2009-02-04	2014-04-11
	6. GOLDMAN SACHS GROUP INC COM		2009-02-04	2014-04-11
	3. TABLEAU SOFTWARE INC-CL A		2013-11-07	2014-04-16
	8. TABLEAU SOFTWARE INC-CL A		2013-11-07	2014-04-17
	7. TABLEAU SOFTWARE INC-CL A		2013-11-07	2014-04-17
	18. ALLERGAN INC		2013-09-20	2014-04-22
	2. AMAZON.COM INC		2013-04-30	2014-04-23
	4. AMAZON.COM INC		2013-04-30	2014-04-23
	3. CONCHO RESOURCES INC		2013-10-02	2014-04-24
	4. BIOMARIN PHARMACEUTICAL INC		2013-10-02	2014-04-29
	14. BIOMARIN PHARMACEUTICAL INC		2013-09-05	2014-04-29
	6. MONDELEZ INTERNATIONAL		2012-10-04	2014-04-29
	8. MONDELEZ INTERNATIONAL		2012-10-04	2014-04-29
	17. SBA COMMUNICATIONS CORP (IPO)		2014-02-20	2014-04-29
	10. ACCENTURE PLC CLASS A ISIN IE00B4BNMY34 SEDOL B4BNMY3		2014-01-21	2014-04-29
	12. ACCENTURE PLC CLASS A ISIN IE00B4BNMY34 SEDOL B4BNMY3		2014-01-23	2014-04-29
	21. EXPRESS SCRIPTS HLDG CO		2010-01-29	2014-04-30
	23. EXPRESS SCRIPTS HLDG CO		2010-01-29	2014-04-30
	5. DISCOVERY COMMUNICATIONS CL A		2013-12-31	2014-05-06
	1. DISCOVERY COMMUNICATIONS CL A		2013-08-09	2014-05-06
	3. GOLDMAN SACHS GROUP INC COM		2009-02-04	2014-05-06
	4. GOLDMAN SACHS GROUP INC COM		2009-02-04	2014-05-06
	7. SPROUTS FARMERS MARKETS INC		2013-11-08	2014-05-07
	6. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2013-08-06	2014-05-07
	18. MERCK & CO INC		2014-01-13	2014-05-08
	17. MERCK & CO INC		2014-01-28	2014-05-08
	5. WHOLE FOODS MKT INC COM		2014-02-28	2014-05-08
	7. WHOLE FOODS MKT INC COM		2014-02-28	2014-05-08
	11. WHOLE FOODS MKT INC COM		2014-03-03	2014-05-09
	19. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2012-03-23	2014-05-09
	3. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2013-08-06	2014-05-09
	3. DISCOVERY COMMUNICATIONS CL A		2013-03-25	2014-05-14
	20. DISCOVERY COMMUNICATIONS CL A		2013-05-15	2014-05-14
	4. GOLDMAN SACHS GROUP INC COM		2008-11-21	2014-05-14
	5. GOLDMAN SACHS GROUP INC COM		2008-11-21	2014-05-15
	5. GOLDMAN SACHS GROUP INC COM		2008-11-21	2014-05-16
	6. GOLDMAN SACHS GROUP INC COM		2008-11-21	2014-05-16
	16. SPROUTS FARMERS MARKETS INC		2013-11-08	2014-05-19
	8. WHOLE FOODS MKT INC COM		2010-10-11	2014-05-19
	10. WHOLE FOODS MKT INC COM		2014-04-22	2014-05-19
	18. WHOLE FOODS MKT INC COM		2010-02-17	2014-05-19
	7. SPROUTS FARMERS MARKETS INC		2013-11-11	2014-05-20
	8. SPROUTS FARMERS MARKETS INC		2013-11-11	2014-05-20
	17. WHOLE FOODS MKT INC COM		2010-02-17	2014-05-20
	21. ARM HOLDINGS PLC SPONSORED ADR		2014-04-23	2014-05-21
	6. ARM HOLDINGS PLC SPONSORED ADR		2012-09-17	2014-05-21
	16. ARM HOLDINGS PLC SPONSORED ADR		2014-04-23	2014-05-21
	19. WHOLE FOODS MKT INC COM		2010-02-17	2014-05-21
	1109.989 CALAMOS GROWTH FUND CL I		2001-12-13	2014-05-30
	323.016 CALAMOS GROWTH FUND CL I		2013-12-19	2014-05-30
	5. ALLERGAN INC		2013-10-15	2014-06-03
	23. TJX COS INC NEW COM		2012-08-08	2014-06-03
	7. VALEANT PHARMACEUTICALS INTE ISIN CA91911K1021 SEDOL B41NYV4		2014-04-28	2014-06-03
	5. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2012-03-23	2014-06-03
	6. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2012-03-23	2014-06-03
	15. BRISTOL MYERS SQUIBB CO		2014-03-19	2014-06-04
	10. BRISTOL MYERS SQUIBB CO		2013-12-04	2014-06-04
	5. BRISTOL MYERS SQUIBB CO		2014-03-19	2014-06-04
	11. BRISTOL MYERS SQUIBB CO		2013-12-04	2014-06-05
	3. BRISTOL MYERS SQUIBB CO		2013-12-06	2014-06-05
	6. DUNKIN BRANDS GROUP INC		2012-03-30	2014-06-06
	10. BRISTOL MYERS SQUIBB CO		2013-12-06	2014-06-09
	1. BROADCOM CORP		2001-01-01	2014-06-09
	12. GILEAD SCIENCES INC COM		2014-05-05	2014-06-09
	13. GILEAD SCIENCES INC COM		2012-10-04	2014-06-09
	7. BRISTOL MYERS SQUIBB CO		2013-12-11	2014-06-10
	2. BRISTOL MYERS SQUIBB CO		2013-12-06	2014-06-10
	15. DUNKIN BRANDS GROUP INC		2012-03-30	2014-06-19
	16. WHOLE FOODS MKT INC COM		2010-02-17	2014-06-19
	6. DISCOVERY COMMUNICATIONS CL A		2013-03-25	2014-06-20
	8. DISCOVERY COMMUNICATIONS CL A		2013-03-22	2014-06-20
	5. ALLERGAN INC		2010-07-30	2014-06-24
	7. ALLERGAN INC		2013-10-15	2014-06-24
	15. WHOLE FOODS MKT INC COM		2010-02-18	2014-06-25
	5. MONSANTO CO		2013-04-15	2014-06-27
	15. WHOLE FOODS MKT INC COM		2010-02-18	2014-06-27
	15. MONSANTO CO		2013-04-15	2014-07-02
	8. ABBOTT LABORATORIES INC		2014-04-22	2014-07-08
	9. ABBOTT LABORATORIES INC		2014-04-22	2014-07-08
	2. PRICELINE.COM INC		2012-08-15	2014-07-09
	11. WHOLE FOODS MKT INC COM		2010-02-18	2014-07-14
	5. WHOLE FOODS MKT INC COM		2010-02-18	2014-07-14
	10. WHOLE FOODS MKT INC COM		2010-02-18	2014-07-15
	8. WHOLE FOODS MKT INC COM		2010-02-18	2014-07-15
	10. UNITED TECHNOLOGIES CORP COM		2009-12-18	2014-07-22
	11. UNITED TECHNOLOGIES CORP COM		2009-12-18	2014-07-23
	6. UNITED TECHNOLOGIES CORP COM		2009-12-18	2014-07-23
	14. QUALCOMM		2014-05-14	2014-07-24
	11. UNITED TECHNOLOGIES CORP COM		2009-12-18	2014-07-24
	12. QUALCOMM		2014-05-14	2014-07-25
	14. UNITED TECHNOLOGIES CORP COM		2009-08-11	2014-07-28
	2. AMAZON.COM INC		2014-06-09	2014-07-30
	3. AMAZON.COM INC		2008-10-20	2014-07-30
	17. QUALCOMM		2014-05-27	2014-07-30
	7. UNITED TECHNOLOGIES CORP COM		2009-08-11	2014-07-30
	9. UNITED TECHNOLOGIES CORP COM		2009-08-11	2014-07-30
	17. QUALCOMM		2014-05-20	2014-08-01
	10. QUALCOMM		2014-05-15	2014-08-04
	8. QUALCOMM		2014-05-15	2014-08-04
	1. INTERCEPT PHARMACEUTICALS IN		2014-03-06	2014-08-12
	2. INTERCEPT PHARMACEUTICALS IN		2014-02-28	2014-08-12
	5. INTERCEPT PHARMACEUTICALS IN		2014-02-28	2014-08-12
	38. KATE SPADE & CO		2014-06-19	2014-08-12
	39. KATE SPADE & CO		2014-06-19	2014-08-12
	40. KATE SPADE & CO		2014-06-17	2014-08-13
	39. KATE SPADE & CO		2014-07-08	2014-08-13
	15. COGNIZANT TECHNOLOGY SOLUTIONS		2014-04-29	2014-08-20
	25. COGNIZANT TECHNOLOGY SOLUTIONS		2014-04-29	2014-08-20
	24. COGNIZANT TECHNOLOGY SOLUTIONS		2014-04-29	2014-08-20
	14. BIOMARIN PHARMACEUTICAL INC		2013-09-05	2014-08-28
	16. BIOMARIN PHARMACEUTICAL INC		2013-09-05	2014-08-28
	13. TJX COS INC NEW COM		2012-05-31	2014-08-28
	12. TJX COS INC NEW COM		2012-05-16	2014-08-28
	16. LAS VEGAS SANDS CORP		2014-03-11	2014-09-05
	11. LAS VEGAS SANDS CORP		2014-02-24	2014-09-05
	28. LAS VEGAS SANDS CORP		2014-01-16	2014-09-05
	9. DISCOVERY COMMUNICATIONS CL C		2013-03-22	2014-09-08
	15. LAS VEGAS SANDS CORP		2014-01-22	2014-09-08
	3. LAS VEGAS SANDS CORP		2014-04-09	2014-09-08
	17. LAS VEGAS SANDS CORP		2014-04-09	2014-09-08
	4. PERRIGO CO LTD SEDOL BGH1M56		2013-12-19	2014-09-08
	9. DISCOVERY COMMUNICATIONS CL A		2013-03-22	2014-09-09
	14. DISCOVERY COMMUNICATIONS CL C		2013-03-19	2014-09-09
	1. PRICELINE.COM INC		2011-11-01	2014-09-09
	5. PERRIGO CO LTD SEDOL BGH1M56		2013-12-19	2014-09-09
	5. PERRIGO CO LTD SEDOL BGH1M56		2013-12-19	2014-09-10
	11. DISCOVERY COMMUNICATIONS CL A		2013-03-19	2014-09-11
	3. AMERICAN TOWER CORP		2014-01-10	2014-09-15
	11. DISCOVERY COMMUNICATIONS CL A		2013-03-19	2014-09-15
	12. DISCOVERY COMMUNICATIONS CL A		2013-04-19	2014-09-15
	10. DISCOVERY COMMUNICATIONS CL C		2013-03-19	2014-09-15
	12. DISCOVERY COMMUNICATIONS CL C		2013-04-19	2014-09-15
	1. DISCOVERY COMMUNICATIONS CL A		2014-05-22	2014-09-16
	10. DISCOVERY COMMUNICATIONS CL A		2013-06-14	2014-09-16
	13. DISCOVERY COMMUNICATIONS CL A		2014-05-22	2014-09-16
	2. DISCOVERY COMMUNICATIONS CL C		2014-05-22	2014-09-16
	8. DISCOVERY COMMUNICATIONS CL C		2013-06-14	2014-09-16
	12. DISCOVERY COMMUNICATIONS CL C		2014-05-22	2014-09-16
	5. PERRIGO CO LTD SEDOL BGH1M56		2013-12-19	2014-09-16
	7. PERRIGO CO LTD SEDOL BGH1M56		2013-12-19	2014-09-17
	28. DUNKIN BRANDS GROUP INC		2012-03-30	2014-09-18
	6. PERRIGO CO LTD SEDOL BGH1M56		2013-12-19	2014-09-18
	8. APPLE INC		2014-08-14	2014-09-24
	6. APPLE INC		2014-08-14	2014-09-24
	8. MASTERCARD INC CL A		2011-07-07	2014-10-03
	8. MASTERCARD INC CL A		2009-03-25	2014-10-06
	10. MASTERCARD INC CL A		2009-03-25	2014-10-07
	1. DELL COMPUTER CORP NAME CHG 7/22/03 SEE 24702R101		2001-01-01	2014-10-08
	53. MERCK & CO INC		2014-01-13	2014-10-16
	30. MERCK & CO INC		2014-08-26	2014-10-16
	2. CHIPOTLE MEXICAN GRIL CL A		2014-04-30	2014-10-17
	1. CHIPOTLE MEXICAN GRIL CL A		2014-04-08	2014-10-17
	30. MERCK & CO INC		2013-11-25	2014-10-17
	28. MERCK & CO INC		2013-11-22	2014-10-20
	6. UNDER ARMOUR INC CLASS A		2013-10-02	2014-10-20
	14. MERCK & CO INC		2013-11-22	2014-10-21
	13. MERCK & CO INC		2013-11-22	2014-10-21
	9. UNDER ARMOUR INC CLASS A		2013-10-01	2014-10-21
	7. UNDER ARMOUR INC CLASS A		2013-10-01	2014-10-22
	6. UNDER ARMOUR INC CLASS A		2013-10-03	2014-10-22
	1. DELL COMPUTER CORP NAME CHG 7/22/03 SEE 24702R101		2001-01-01	2014-10-24
	3. TESLA MOTORS INC		2013-10-01	2014-10-29
	4. TESLA MOTORS INC		2013-10-01	2014-10-29
	14. TWENTY-FIRST CENTURY-CL A-WI		2014-01-02	2014-10-31
	52. TWENTY-FIRST CENTURY-CL A-WI		2014-09-03	2014-10-31
	14. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2012-03-23	2014-11-04
	36. PANDORA MEDIA INC		2014-02-18	2014-11-05
	5. VMWARE INC CLASS A		2009-10-12	2014-11-05
	18. PANDORA MEDIA INC		2014-02-20	2014-11-06
	17. PANDORA MEDIA INC		2014-02-14	2014-11-06
	10. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2012-03-23	2014-11-06
	6. VMWARE INC CLASS A		2009-10-12	2014-11-07
	6. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2012-03-23	2014-11-07
	3. ILLUMINA INC COM		2013-05-20	2014-11-10
	6. VMWARE INC CLASS A		2009-10-12	2014-11-10
	6. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2012-03-23	2014-11-10
	7. TJX COS INC NEW COM		2012-05-16	2014-11-11
	4. VMWARE INC CLASS A		2009-10-12	2014-11-11
	3. VMWARE INC CLASS A		2009-10-12	2014-11-11
	6. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2012-03-23	2014-11-11
	6. TJX COS INC NEW COM		2012-05-16	2014-11-12
	5. ILLUMINA INC COM		2012-11-20	2014-11-13
	11. TJX COS INC NEW COM		2012-05-15	2014-11-13
	12. TJX COS INC NEW COM		2012-05-15	2014-11-14
	5. TJX COS INC NEW COM		2012-06-27	2014-11-17
	1. GOOGLE INC CL A		2014-08-14	2014-11-18
	2. GOOGLE INC CL A		2013-02-11	2014-11-18
	1. GOOGLE INC-CL C		2014-08-14	2014-11-18
	1. GOOGLE INC-CL C		2013-02-11	2014-11-18
	8. TJX COS INC NEW COM		2012-06-27	2014-11-18
	9. TJX COS INC NEW COM		2012-05-15	2014-11-18
	4. VERTEX PHARMACEUTICALS INC		2009-04-30	2014-11-20
	4. VERTEX PHARMACEUTICALS INC		2009-04-30	2014-11-20
	6. VERTEX PHARMACEUTICALS INC		2009-02-27	2014-11-21
	6. RED HAT INC		2014-05-28	2014-11-26
	16. CONCHO RESOURCES INC		2014-05-13	2014-12-01
	3. GOOGLE INC CL A		2012-10-18	2014-12-01
	3. GOOGLE INC-CL C		2012-10-18	2014-12-01
	6. RED HAT INC		2014-05-28	2014-12-05
	2. GOOGLE INC CL A		2012-10-18	2014-12-08
	3. GOOGLE INC-CL C		2012-10-18	2014-12-08
	21. LAS VEGAS SANDS CORP		2014-11-13	2014-12-09
	12. RED HAT INC		2014-05-28	2014-12-09
	22. LAS VEGAS SANDS CORP		2014-11-12	2014-12-10
	9. ALEXION PHARMACEUTICALS INC		2011-12-19	2014-12-11
	18. ALLERGAN INC		2010-07-29	2014-12-11
	12. ALLERGAN INC		2010-07-23	2014-12-12
	3. ALEXION PHARMACEUTICALS INC		2011-12-19	2014-12-15
	4. ALEXION PHARMACEUTICALS INC		2011-12-19	2014-12-15
	15. ALLERGAN INC		2010-07-23	2014-12-15
	6. VERTEX PHARMACEUTICALS INC		2009-02-27	2014-12-15
	13. ALLERGAN INC		2010-07-23	2014-12-16
	11. GILEAD SCIENCES INC COM		2012-10-04	2014-12-16
	5. NOVO NORDISK A S ADR		2014-02-06	2014-12-16
	10. NOVO NORDISK A S ADR		2014-08-01	2014-12-16
	10. GILEAD SCIENCES INC COM		2012-10-04	2014-12-17
	7. VERTEX PHARMACEUTICALS INC		2009-02-27	2014-12-17
	21. DUNKIN BRANDS GROUP INC		2011-11-17	2014-12-18
	21. DUNKIN BRANDS GROUP INC		2011-11-17	2014-12-18
	7. GILEAD SCIENCES INC COM		2012-10-04	2014-12-23
	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	1,574	1,028	546
b	163	144	19
c	1,463	1,044	419
d	2,310	1,403	907
e	14		14
	22	22
	2,529	2,293	236
	1,051	352	699
	513	541	-28
	1,100	1,150	-50
	1,031	1,081	-50
	316	304	12
	645	602	43
	306	307	-1
	304	307	-3
	305	307	-2
	511	478	33
	301	306	-5
	301	305	-4
	156	152	4
	648	609	39
	930	913	17
	534	507	27
	420	369	51
	1,207	697	510
	2,273	1,708	565
	585	588	-3
	529	504	25
	579	544	35
	796	424	372
	902	834	68
	579	534	45
	750	783	-33
	1,017	953	64
	521	482	39
	658	675	-17
	1,410	757	653
	1,499	1,661	-162
	1,499	1,311	188
	1,286	1,281	5
	1,186	1,151	35
	742	662	80
	848	738	110
	899	770	129
	3,748	3,103	645
	656	493	163
	755	401	354
	1,053	562	491
	1,201	717	484
	1,130	665	465
	847	371	476
	1,005	415	590
	811	782	29
	405	393	12
	891	849	42
	405	389	16
	1,074	441	633
	581	525	56
	1,205	1,128	77
	831	581	250
	1,357	697	660
	1,176	830	346
	584	494	90
	667	252	415
	119,844	45,221	74,623
	2,650	2,568	82
	496	220	276
	876	650	226
	1,336	692	644
	605	567	38
	719	678	41
	507	496	11
	676	659	17
	663	657	6
	165	164	1
	825	805	20
	757	463	294
	701	366	335
	454	275	179
	1,271	730	541
	69	56	13
	1,032	937	95
	1,133	925	208
	1,148	642	506
	678	373	305
	886	485	401
	1,006	559	447
	767	473	294
	918	533	385
	192	193	-1
	512	515	-3
	452	451	1
	2,959	1,647	1,312
	650	509	141
	1,299	1,016	283
	402	343	59
	233	300	-67
	820	1,014	-194
	213	168	45
	285	224	61
	1,532	1,682	-150
	790	847	-57
	949	1,009	-60
	1,405	913	492
	1,544	977	567
	376	450	-74
	75	83	-8
	465	266	199
	618	355	263
	190	327	-137
	546	419	127
	1,001	957	44
	931	898	33
	195	270	-75
	277	376	-99
	429	567	-138
	1,740	897	843
	275	206	69
	217	237	-20
	1,447	1,623	-176
	640	318	322
	781	257	524
	779	257	522
	938	308	630
	460	743	-283
	302	141	161
	378	496	-118
	680	309	371
	196	322	-126
	222	368	-146
	632	289	343
	914	1,014	-100
	260	171	89
	694	763	-69
	711	323	388
	59,962	41,856	18,106
	17,449	16,974	475
	843	452	391
	1,242	1,029	213
	920	936	-16
	469	235	234
	565	282	283
	707	829	-122
	475	510	-35
	238	276	-38
	518	561	-43
	141	152	-11
	276	180	96
	468	508	-40
	30		30
	947	951	-4
	1,029	464	565
	329	355	-26
	94	102	-8
	671	449	222
	649	272	377
	446	474	-28
	591	632	-41
	825	305	520
	1,156	629	527
	588	255	333
	627	520	107
	580	255	325
	1,882	1,561	321
	328	310	18
	370	349	21
	2,465	1,216	1,249
	409	187	222
	186	85	101
	368	169	199
	293	136	157
	1,108	777	331
	1,213	768	445
	660	417	243
	1,063	1,131	-68
	1,199	764	435
	915	968	-53
	1,526	823	703
	641	656	-15
	961	355	606
	1,283	1,366	-83
	743	391	352
	961	502	459
	1,247	1,361	-114
	732	799	-67
	586	637	-51
	307	415	-108
	592	828	-236
	1,477	2,059	-582
	1,189	1,466	-277
	1,159	1,478	-319
	1,244	1,505	-261
	1,209	1,437	-228
	690	721	-31
	1,152	1,199	-47
	1,103	1,144	-41
	979	987	-8
	1,115	1,077	38
	777	560	217
	718	511	207
	997	1,371	-374
	686	926	-240
	1,757	2,289	-532
	379	352	27
	934	1,205	-271
	187	233	-46
	1,058	1,286	-228
	579	609	-30
	370	358	12
	564	543	21
	1,184	490	694
	715	761	-46
	726	761	-35
	443	435	8
	285	248	37
	426	429	-3
	472	465	7
	378	383	-5
	459	457	2
	39	38	1
	391	386	5
	517	495	22
	77	75	2
	308	303	5
	470	449	21
	721	761	-40
	1,023	1,065	-42
	1,281	834	447
	879	913	-34
	816	780	36
	609	585	24
	594	255	339
	596	130	466
	737	163	574
	27		27
	2,851	2,778	73
	1,614	1,808	-194
	1,294	979	315
	647	548	99
	1,633	1,534	99
	1,515	1,387	128
	389	248	141
	768	684	84
	716	635	81
	596	371	225
	469	288	181
	397	246	151
	55		55
	709	579	130
	954	759	195
	483	499	-16
	1,794	1,882	-88
	1,008	657	351
	653	1,347	-694
	419	328	91
	317	666	-349
	301	619	-318
	726	469	257
	501	262	239
	422	282	140
	566	219	347
	507	262	245
	419	282	137
	449	298	151
	335	175	160
	254	131	123
	412	281	131
	381	256	125
	938	274	664
	700	468	232
	747	510	237
	309	213	96
	547	583	-36
	1,094	777	317
	536	574	-38
	536	390	146
	480	340	140
	547	382	165
	441	126	315
	445	126	319
	672	188	484
	373	301	72
	1,469	2,100	-631
	1,621	1,048	573
	1,600	1,090	510
	368	301	67
	1,065	699	366
	1,589	1,051	538
	1,167	1,321	-154
	713	602	111
	1,206	1,358	-152
	1,764	695	1,069
	3,807	1,097	2,710
	2,517	730	1,787
	565	203	362
	736	271	465
	3,142	912	2,230
	678	188	490
	2,705	790	1,915
	1,122	383	739
	218	210	8
	437	452	-15
	1,006	348	658
	772	220	552
	895	557	338
	904	534	370
	610	244	366
			20,623

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			546
b			19
c			419
d			907
e			14

			236
			699
			-28
			-50
			-50
			12
			43
			-1
			-3
			-2
			33
			-5
			-4
			4
			39
			17
			27
			51
			510
			565
			-3
			25
			35
			372
			68
			45
			-33
			64
			39
			-17
			653
			-162
			188
			5
			35
			80
			110
			129
			645
			163
			354
			491
			484
			465
			476
			590
			29
			12
			42
			16
			633
			56
			77
			250
			660
			346
			90
			415
			74,623
			82
			276
			226
			644
			38
			41
			11
			17
			6
			1
			20
			294
			335
			179
			541
			13
			95
			208
			506
			305
			401
			447
			294
			385
			-1
			-3
			1
			1,312
			141
			283
			59
			-67
			-194
			45
			61
			-150
			-57
			-60
			492
			567
			-74
			-8
			199
			263
			-137
			127
			44
			33
			-75
			-99
			-138
			843
			69
			-20
			-176
			322
			524
			522
			630
			-283
			161
			-118
			371
			-126
			-146
			343
			-100
			89
			-69
			388
			18,106
			475
			391
			213
			-16
			234
			283
			-122
			-35
			-38
			-43
			-11
			96
			-40
			30
			-4
			565
			-26
			-8
			222
			377
			-28
			-41
			520
			527
			333
			107
			325
			321
			18
			21
			1,249
			222
			101
			199
			157
			331
			445
			243
			-68
			435
			-53
			703
			-15
			606
			-83
			352
			459
			-114
			-67
			-51
			-108
			-236
			-582
			-277
			-319
			-261
			-228
			-31
			-47
			-41
			-8
			38
			217
			207
			-374
			-240
			-532
			27
			-271
			-46
			-228
			-30
			12
			21
			694
			-46
			-35
			8
			37
			-3
			7
			-5
			2
			1
			5
			22
			2
			5
			21
			-40
			-42
			447
			-34
			36
			24
			339
			466
			574
			27
			73
			-194
			315
			99
			99
			128
			141
			84
			81
			225
			181
			151
			55
			130
			195
			-16
			-88
			351
			-694
			91
			-349
			-318
			257
			239
			140
			347
			245
			137
			151
			160
			123
			131
			125
			664
			232
			237
			96
			-36
			317
			-38
			146
			140
			165
			315
			319
			484
			72
			-631
			573
			510
			67
			366
			538
			-154
			111
			-152
			1,069
			2,710
			1,787
			362
			465
			2,230
			490
			1,915
			739
			8
			-15
			658
			552
			338
			370
			366

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	166,482
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	94,645	2,137,873	0.044271
2012	93,519	2,023,371	0.046219
2011	88,796	2,016,788	0.044028
2010	94,898	1,905,253	0.049809
2009

2	Total of line 1, column (d) ......................	2	0.184327
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	0.046082
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	2,302,803
5	Multiply line 4 by line 3.......................	5	106,118
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	1,851
7	Add lines 5 and 6.........................	7	107,969
8	Enter qualifying distributions from Part XII, line 4..............	8	98,589
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	3,702
	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	3,702
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	3,702
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	5,064
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	5,064
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	1,362
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax1,362	Refunded	11	0

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) 762-8133

Located at bullet

620 LIBERTY AVENUEPITTSBURGHPA ZIP+4 bullet

152222705

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
PNC BANK NA	TRUSTEE 4	18,140
620 LIBERTY AVENUE 10TH FL PITTSBURGH,PA152222705	TRUSTEE 4	18,140

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

2,337,871

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

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

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

2,337,871

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

2,337,871

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

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

35,068

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

2,302,803

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

115,140

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

115,140

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

3,702

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

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

3,702

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

111,438

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

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

111,438

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

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

111,438

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 ..........

98,589

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

98,589

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

98,589

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					111,438
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......				22,389
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2014:
a From 2009.......	0
b From 2010.......	0
c From 2011.......	0
d From 2012.......	0
e From 2013.......	0
fTotal of lines 3a through e.........		0
4Qualifying distributions for 2014 from Part
XII, line 4: $ 98,589
a Applied to 2013, but not more than line 2a					22,389
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.....					76,200
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2014.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2013. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2014. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........					35,238
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2010....	0
b Excess from 2011....	0
c Excess from 2012....	0
d Excess from 2013....	0
e Excess from 2014....	0

Form 990-PF (2014)

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 email address of the person to whom applications should be addressed:

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

cAny submission deadlines:

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

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
FIRST PRESBYTERIAN CHURCH OF MONONGAHELA 609 CHESS STREET MONONGAHELA,PA15063	NONE	PC	GENERAL SUPPORT	96,682
BETHEL A M E CHURCH 7TH MAIN STREET MONONGAHELA,PA15063	NONE	PC	GENERAL SUPPORT	1,000
Total ................................. 3a				97,682

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	40,080
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	166,482
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)..				206,562

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

13206,562

(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

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MUTUAL FUNDS - FIXED INCOME	AT COST	719,909	751,143
MUTUAL FUNDS - EQUITY	AT COST	645,151	835,413

Description	Revenue and Expenses per Books	Net Investment Income
MAP MANAGEMENT FEES	3,976	3,976
ACCOUNT MAINTENANCE FEES	167	167
ADR SERVICE FEES	3	3

Category	Amount	Net Investment Income
FOREIGN TAXES	83	83
FEDERAL TAX PAYMENT - PRIOR YE	3,101	0
FEDERAL ESTIMATES - PRINCIPAL	5,064	0