Form990-PF

Department of the Treasury
Internal Revenue Service

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

Number and street (or P.O. box number if mail is not delivered to street address)1919 DOUGLAS ST 2ND FLR MACN8000-027Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OMAHA, NE68102
A Employer identification number

42-6595689
B Telephone number (see instructions)

(402) 536-5506
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$10,882,257J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 161,750 161,750  
5a Gross rents.............. 198,219 198,219  
b Net rental income or (loss) 100,748
6a Net gain or (loss) from sale of assets not on line 10 190,831
b Gross sales price for all assets on line 6a 1,586,204
7 Capital gain net income (from Part IV, line 2)... 190,831
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........ 550,800 550,800  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 45,850 22,925   22,925
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 730 365   365
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 17,108 12,186   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 11,358 11,358  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 74,030 73,927   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 149,076 120,761   23,290
25 Contributions, gifts, grants paid........ 199,624 199,624
26 Total expenses and disbursements. Add lines 24 and 25 348,700 120,761   222,914
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 202,100
b Net investment income (if negative, enter -0-) 430,039
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 6,891 8,495 8,495
2 Savings and temporary cash investments.......... 74,560 123,175 123,175
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 269,473 Click to see attachment113,712 119,704
b Investments—corporate stock (attach schedule)........ 611,618 Click to see attachment1,064,293 1,367,878
c Investments—corporate bonds (attach schedule)........ 1,008,906 Click to see attachment1,398,065 1,446,795
11 Investments—land, buildings, and equipment: basis bullet1,449,589
Less: accumulated depreciation (attach schedule) bullet279,121 1,181,826 Click to see attachment1,170,468 5,082,583
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 2,893,485 Click to see attachment2,358,599 2,717,093
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment4,482 Click to see attachment16,534 Click to see attachment16,534
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,051,241 6,253,341 10,882,257
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 6,051,241 6,253,341
30 Total net assets or fund balances (see instructions)...... 6,051,241 6,253,341
31 Total liabilities and net assets/fund balances (see instructions).. 6,051,241 6,253,341
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 6,051,241
2 Enter amount from Part I, line 27a..................... 2 202,100
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 6,253,341
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 6,253,341
Form 990-PF (2014)
Form 990-PF (2014)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a AFLAC Inc P 2000-09-12 2014-02-07
b AFLAC Inc P 2000-05-22 2014-02-07
c AFLAC Inc P 2000-05-22 2014-06-10
d Affliated managers Group inc P 2012-11-21 2014-02-07
e Anheuser-Busch Inbev Spn Adr P 2012-02-01 2014-02-07
Apache Corporation Com P 2009-06-11 2014-02-07
Apple Computer Inc Com P 2010-05-11 2014-02-07
Arbitrage Fund Class I P 2012-12-20 2014-01-29
Arbitrage Fund Class I P 2013-05-24 2014-01-29
Arbitrage Fund Class I P 2013-01-08 2014-01-29
Arbitrage Fund Class I P 2013-08-29 2014-01-29
Baxter Intl inc Com P 2014-01-17 2014-06-10
Bershire Hathaway Inc P 2010-11-10 2014-02-07
Bershire Hathaway Inc P 2010-05-11 2014-02-07
BHP Billiton limited P 2011-10-13 2014-11-21
Boeing Company P 2010-11-10 2014-02-07
CME Group Inc P 2012-07-02 2014-02-07
CVS/Caremark Corporation P 2010-10-19 2014-02-07
Capital one Financial Corp P 2010-05-11 2014-02-07
Capital one Financial Corp P 2010-05-11 2014-03-25
Capital one Financial Corp P 2010-11-10 2014-03-25
Celanese Corp P 2011-10-13 2014-05-21
Chevron Corp P 2003-03-17 2014-02-07
Chevron Corp P 2003-03-17 2014-11-25
CISCO Systems Inc P 2011-03-28 2014-02-07
Coach Inc P 2013-01-10 2014-02-07
Coach Inc P 2013-01-10 2014-06-25
Coach Inc P 2013-02-22 2014-06-25
Comcast Corp Class A P 2012-08-28 2014-02-07
Diageo Plc P 2011-03-28 2014-02-07
Walt Disney Co P 2004-12-14 2014-02-07
Walt Disney Co P 2004-12-14 2014-09-11
Driehaus Active income Fund P 2013-05-24 2014-07-21
Driehaus Active income Fund P 2013-01-16 2014-07-21
Driehaus Active income Fund P 2013-04-10 2014-12-26
Driehaus Active income Fund P 2013-01-16 2014-12-26
Ell international property P 2013-01-08 2014-08-14
Ell international property P 2012-12-20 2014-08-15
Ell international property P 2013-01-08 2014-08-15
Ell international property P 2012-12-20 2014-08-18
Ell international property P 2010-11-10 2014-08-18
Ell international property P 2014-02-11 2014-08-18
Ell international property P 2010-11-10 2014-08-19
Ell international property P 2012-02-01 2014-08-19
E M C Corp mass P 2010-05-11 2014-02-07
Fed Home Ln Bk P 2007-10-10 2014-09-12
Fed Home Ln Bk P 2007-12-31 2014-12-12
FNMA Pool P 2006-09-05 2014-01-25
FNMA Pool P 2006-09-05 2014-02-25
FNMA Pool P 2006-09-05 2014-03-25
FNMA Pool P 2006-09-05 2014-04-25
FNMA Pool P 2006-09-05 2014-05-25
FNMA Pool P 2006-09-05 2014-06-25
FNMA Pool P 2006-09-05 2014-07-25
FNMA Pool P 2006-09-05 2014-09-25
FNMA Pool P 2006-09-05 2014-10-25
FNMA Pool P 2006-09-05 2014-11-25
FNMA Pool P 2006-09-05 2014-12-25
Federated Strat Val Div FD P 2013-01-08 2014-07-21
Federated Strat Val Div FD P 2013-05-24 2014-07-21
Gilead Sciences P 2011-12-08 2014-01-17
Gilead Sciences P 2011-12-08 2014-02-07
Gilead Sciences P 2011-12-08 2014-08-06
Gilead Sciences P 2011-12-08 2014-09-11
Goldman Schs Group inc P 2013-04-30 2014-02-07
Google Inc P 2012-10-03 2014-01-17
Google Inc P 2012-10-03 2014-02-07
Oakmark International Fd P 2003-12-02 2014-07-21
Oakmark International Fd P 2003-12-02 2014-12-26
Home Depot Inc P 2003-03-17 2014-05-21
Home Depot Inc P 2003-03-17 2014-11-25
International Business Machs Corp P 2013-11-07 2014-09-11
Ishares Gold Trust P 2001-01-01 2014-01-31
Ishares Gold Trust P 2001-01-01 2014-02-28
Ishares Gold Trust P 2013-01-16 2014-03-10
Ishares Gold Trust P 2013-01-08 2014-03-10
Ishares TR MSCI Emerging Markets P 2005-02-25 2014-05-16
Ishares TR MSCI Emerging Markets P 2005-06-29 2014-05-16
Ishares TR MSCI Emerging Markets P 2005-11-28 2014-05-16
Ishares MSCI Eafe P 2011-10-13 2014-07-21
Ishares MSCI Eafe P 2008-02-01 2014-07-21
Ishares mSCI Eafe P 2006-03-17 2014-07-21
Ishares MsCI Eafe P 2007-04-03 2014-07-21
JPMorgan Chase & Co P 2012-11-21 2014-01-17
JPMorgan Chase & Co P 2012-11-21 2014-05-07
Johnson Controls inc P 2012-02-01 2014-01-17
Johnson Controls inc P 2012-02-01 2014-02-07
McKesson Corp P 2012-12-20 2014-02-07
Microsoft Corp P 2003-03-17 2014-02-07
Microsoft Corp P 2001-01-11 2014-02-07
Monster Beverage Corp P 2013-01-10 2014-08-06
Monster Beverage Corp P 2013-01-10 2014-09-11
Nestle SA Registered Shares P 2012-02-01 2014-02-07
Now INC/SH P 2013-11-07 2014-06-10
Oracle Corporation P 2010-11-24 2014-02-07
PIMCO Low Duration P 2011-10-13 2014-12-26
PIMCO Low Duration P 2014-05-16 2014-12-26
PIMCO Emerging Markets BD P 2013-01-08 2014-01-29
PIMCO Emerging Markets BD P 2013-01-16 2014-01-29
PIMCO Foreign Bond P 2012-02-01 2014-05-16
PIMCO Foreign Bond P 2013-01-16 2014-05-16
Principal Preferred Sec P 2013-01-16 2014-12-26
Principal Preferred Sec P 2011-10-13 2014-12-26
Principal Preferred Sec P 2010-10-19 2014-12-26
Principal Preferred Sec P 2013-01-08 2014-12-26
Schlumberger Ltd P 2001-04-24 2014-02-07
Elements Rogers Total Return P 2012-02-01 2014-12-26
Elements Rogers Total Return P 2012-12-20 2014-12-26
Elements Rogers Total Return P 2014-02-10 2014-12-26
Elements Rogers Total Return P 2014-02-18 2014-12-26
TJX Cos inc new P 2011-10-13 2014-02-07
Target Corp P 2003-03-14 2014-02-07
Target Corp P 2001-11-08 2014-02-07
Templeton Frontier market P 2013-04-10 2014-05-16
Templeton Frontier market P 2013-05-24 2014-05-16
Thermo Fisher Scientific Inc P 2009-06-11 2014-02-07
3m Co P 2011-03-28 2014-02-07
3m Co P 2011-03-28 2014-08-06
Total Fina Elf SA Adr P 2012-07-06 2014-02-07
US Bancorp Del New P 2011-10-13 2014-02-07
Union pacific Corp P 2010-10-19 2014-02-07
United Parcel Service P 2012-02-01 2014-02-07
United Parcel Service P 2013-04-30 2014-02-07
Eaton Corp PLC P 2013-11-07 2014-02-07
FNMA Pool P 2006-09-05 2014-08-25
Capital Gains Dividends P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 312   152 160
b 4,374   1,779 2,595
c 14,545   5,845 8,700
d 4,670   3,158 1,512
e 5,357   3,452 1,905
5,705   6,025 -320
10,415   5,144 5,271
40,472   40,000 472
15,141   15,000 141
15,070   15,000 70
40,188   40,000 188
2,577   2,442 135
7,290   5,265 2,025
561   389 172
7,201   9,469 -2,268
5,074   2,677 2,397
6,058   4,323 1,735
4,987   2,327 2,660
4,263   2,696 1,567
6,780   4,044 2,736
7,533   3,884 3,649
2,717   1,732 985
4,468   1,302 3,166
12,767   3,581 9,186
6,227   4,782 1,445
3,562   4,315 -753
1,521   2,589 -1,068
6,253   8,648 -2,395
7,103   4,424 2,679
4,202   2,613 1,589
8,682   3,143 5,539
3,140   956 2,184
98,894   100,000 -1,106
26,106   26,155 -49
11,593   11,960 -367
13,407   13,845 -438
27,363   26,960 403
3,996   3,887 109
23,479   23,040 439
16,473   16,113 360
544   509 35
10,304   10,000 304
20,975   19,491 1,484
6,514   5,000 1,514
3,292   2,546 746
100,000   101,601 -1,601
50,000   51,279 -1,279
58   58 0
28   28 0
28   28 0
28   28 0
28   28 0
2,561   2,569 -8
23   23 0
24   24 0
24   24 0
24   24 0
24   24 0
49,395   39,625 9,770
605   545 60
5,877   1,461 4,416
3,529   877 2,652
1,858   390 1,468
6,902   1,266 5,636
7,257   6,560 697
5,742   3,805 1,937
5,851   3,805 2,046
50,000   32,343 17,657
25,000   18,128 6,872
6,239   1,902 4,337
8,262   2,021 6,241
1,915   1,802 113
4     4
4     4
6,491   8,190 -1,699
12,983   16,159 -3,176
38,556   21,983 16,573
25,704   14,393 11,311
21,420   14,105 7,315
27,036   20,564 6,472
6,759   7,307 -548
13,518   12,920 598
13,518   15,442 -1,924
4,080   2,852 1,228
6,244   4,481 1,763
6,391   4,014 2,377
4,666   3,211 1,455
7,870   4,445 3,425
2,371   1,656 715
1,094   821 273
2,309   1,685 624
4,094   2,166 1,928
3,023   2,348 675
1,472   1,464 8
4,454   3,343 1,111
56,027   56,191 -164
19,769   20,000 -231
3,118   3,693 -575
16,883   20,000 -3,117
32,991   35,000 -2,009
58,120   60,000 -1,880
9,624   10,000 -376
925   841 84
15,299   15,000 299
24,152   25,000 -848
6,274   2,149 4,125
41,603   57,712 -16,109
6,400   8,599 -2,199
46,717   60,134 -13,417
22,722   30,140 -7,418
3,557   1,730 1,827
3,655   1,775 1,880
3,374   2,063 1,311
32,805   30,000 2,805
16,074   15,000 1,074
4,698   1,686 3,012
10,405   7,407 2,998
12,561   8,333 4,228
4,420   3,340 1,080
7,195   4,396 2,799
7,075   3,362 3,713
2,859   2,310 549
953   859 94
4,232   4,150 82
24   24 0
34,195     34,195
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       160
b       2,595
c       8,700
d       1,512
e       1,905
      -320
      5,271
      472
      141
      70
      188
      135
      2,025
      172
      -2,268
      2,397
      1,735
      2,660
      1,567
      2,736
      3,649
      985
      3,166
      9,186
      1,445
      -753
      -1,068
      -2,395
      2,679
      1,589
      5,539
      2,184
      -1,106
      -49
      -367
      -438
      403
      109
      439
      360
      35
      304
      1,484
      1,514
      746
      -1,601
      -1,279
      0
      0
      0
      0
      0
      -8
      0
      0
      0
      0
      0
      9,770
      60
      4,416
      2,652
      1,468
      5,636
      697
      1,937
      2,046
      17,657
      6,872
      4,337
      6,241
      113
      4
      4
      -1,699
      -3,176
      16,573
      11,311
      7,315
      6,472
      -548
      598
      -1,924
      1,228
      1,763
      2,377
      1,455
      3,425
      715
      273
      624
      1,928
      675
      8
      1,111
      -164
      -231
      -575
      -3,117
      -2,009
      -1,880
      -376
      84
      299
      -848
      4,125
      -16,109
      -2,199
      -13,417
      -7,418
      1,827
      1,880
      1,311
      2,805
      1,074
      3,012
      2,998
      4,228
      1,080
      2,799
      3,713
      549
      94
      82
      0
      34,195
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 190,831
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2013 522,989 10,600,127 0.049338
2012 374,169 9,406,713 0.039777
2011 445,311 8,608,279 0.051731
2010 366,714 7,890,138 0.046478
2009 318,194 7,575,046 0.042006
2 Total of line 1, column (d) ...................... 2 0.229330
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 0.045866
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 10,733,136
5 Multiply line 4 by line 3....................... 5 492,286
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 4,300
7 Add lines 5 and 6......................... 7 496,586
8 Enter qualifying distributions from Part XII, line 4.............. 8 222,914
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2014)
Form 990-PF (2014)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 8,601
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 8,601
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 8,601
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 6,000
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 6,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,601
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletWELLS FARGO BANK NA Telephone no.bullet (402) 536-5506
    Located atbullet1919 DOUGLAS ST 2ND FLR MACN8000-027OMAHANE ZIP+4bullet68102
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    WELLS FARGO BANK NA TRUSTEE
    2.00     		0 0 0
    1919 DOUGLAS ST 2ND FLR MAC
    N8000-027
    OMAHA,NE68102
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    5,773,717
    b
    Average of monthly cash balances.......................
    1b
    104,468
    c
    Fair market value of all other assets (see instructions)................
    1c
    5,018,400
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,896,585
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    10,896,585
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    163,449
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    10,733,136
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    536,657
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    536,657
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    8,601
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,601
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    528,056
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    528,056
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    528,056
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    222,914
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    222,914
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    222,914
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 528,056
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 194,085
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 222,914
    a Applied to 2013, but not more than line 2a 194,085
    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..... 28,829
    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 ..........     		499,227
    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....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or 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)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    CORPUS CHRISTI CHURCH
    2220 4TH AVE NO
    FORT DODGE,IA50501     		NONE PUBLIC CHARITY MAINTENANCE OF CHURCH AND CEMETERY 24,953
    FRIENDSHIP HAVEN INC
    420 KENYON ROAD
    FORT DODGE,IA50501     		NONE PUBLIC CHARITY MAINTENANCE OF LONG TERM CARE FACILITY 49,906
    IOWA HEALTH FOUNDATION
    1415 WOODLAND AVE STE E-200
    DES MOINES,IA50309     		NONE PRIVATE FOUNDATION PHYSICAL THERAPY REHABILITATION 49,906
    MERCY HOSPITAL FOUNDATION ATTN SHANNON M DUVAL
    411 LAUREL STE 2250
    DES MOINES,IA50314     		NONE PRIVATE FOUNDATION CARDIAC CARE HEALTH SERVICES 24,953
    TRINITY HEALTH FOUNDATION
    802 KENYON ROAD
    FORT DODGE,IA505015740     		NONE PRIVATE FOUNDATION MEDICAL EQUIPMENT AND NURSING SERVICES 49,906
    Total .................................bullet 3a 199,624
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		         
    4 Dividends and interest from securities....     18 161,750  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 100,748  
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 190,831  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 453,329 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13453,329
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    GEORGE F MURPHY PERPETUAL CHARITABLE TRUST
    EIN: 42-6595689
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
      730 365   365

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    TY 2014 DepreciationSchedule
    Name:
    GEORGE F MURPHY PERPETUAL CHARITABLE TRUST
    EIN: 42-6595689
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    DWELLING 2000-07-01 50,000 25,225 SL 27.500000000000 1,818 1,818    
    GARAGE 2000-07-01 10,000 10,000 SL 10.000000000000 0 0    
    GARAGE - 2 2000-07-01 2,500 2,500 SL 10.000000000000 0 0    
    BARN 2000-07-01 10,000 7,375 SL 20.000000000000 500 500    
    SHED 2000-07-01 2,000 1,529 SL 20.000000000000 100 100    
    CRIB/GRANARY 2000-07-01 5,000 3,821 SL 20.000000000000 250 250    
    MACHINE SHED 2000-07-01 10,000 7,375 SL 20.000000000000 500 500    
    BIN DRYER 36 - 1 2000-07-01 35,000 35,000 SL 10.000000000000 0 0    
    BIN DRYER 36 - 2 2000-07-01 20,000 20,000 SL 10.000000000000 0 0    
    BIN DRYER 24 2000-07-01 10,000 10,000 SL 10.000000000000 0 0    
    BIN DRYER 30 2000-07-01 15,000 15,000 SL 10.000000000000 0 0    
    BIN 21 2000-07-01 5,000 5,000 SL 10.000000000000 0 0    
    WELLS - 2 2000-07-01 2,000 1,529 SL 20.000000000000 100 100    
    TILE 2000-07-01 150,000 110,625 SL 20.000000000000 7,500 7,500    
    FENCE 2000-07-01 5,000 5,000 SL 10.000000000000 0 0    
    ROOF ON MACHINE SHED 2000-10-02 7,860 5,207 SL 20.000000000000 393 393    
    DRIVEWAY 2000-12-05 3,944 2,577 SL 20.000000000000 197 197    
    LAND 2000-07-01 1,106,285   L   0 0    

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    GEORGE F MURPHY PERPETUAL CHARITABLE TRUST
    EIN: 42-6595689
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BERKSHIRE HATHAWAY 1/15/15 101,103 100,116
    CISCO SYSTEMS INC 2/22/16 103,466 105,502
    HOME DEPOT INC 3/1/16 49,755 52,765
    NATL RUAL UTIL COOP 4/10/17 100,408 109,249
    TARGET CORP 1/15/18 101,908 112,681
    EMERSON ELECTRIC 4.25 11/15/20 99,470 108,709
    CRH AMERICA INC 1/15/16 99,799 102,907
    JPMORGAN CHASE & CO 7/22/20 49,868 54,199
    PNC FUNDING CORP 8/11/20 49,728 54,566
    EASTMAN CHEMICAL CO 12/15/15 49,942 50,947
    DEUTSCHE BANK AG 1/11/16 99,908 102,169
    AIR PRODUCTS & CHEM 8/2/16 51,244 50,815
    BOEING CAPITAL CORP 8/15/18 52,307 52,026
    PRINCIPAL PREFERRED 39,159 43,040
    WESTERN ASSET 200,000 200,515
    DREYFUS INTL BOND 150,000 146,589

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    GEORGE F MURPHY PERPETUAL CHARITABLE TRUST
    EIN: 42-6595689
    Name of Stock End of Year Book Value End of Year Fair Market Value
    HOME DEPOT INC 3,210 14,171
    TARGET CORP 11,879 27,328
    WALT DISNEY CO 7,378 25,431
    CHEVRON CORP 0 0
    SCHLUMBERGER LTD 12,814 23,061
    AFLAC INC 0 0
    MICROSOFT CORP 12,617 19,973
    ORACLE CORPORATION 9,890 15,964
    APACHE CORP 12,345 9,714
    THERMO FISHER SCIENTIFIC 5,057 15,035
    CVS/CAREMARK CORPORATION 7,908 24,559
    CAPITAL ONE FINANCIAL CORP 0 0
    JPMORGAN CHASE & CO 13,692 23,155
    BERKSHIRE HATHAWAY INC 15,360 30,030
    BOEING CO 15,203 24,046
    UNION PACIFIC CORP 10,085 28,591
    APPLE INC 14,918 44,814
    EMC CORP MASS 50,264 49,830
    AMEX MATERIALS SPDR 20,219 26,719
    TJX CO INC NEW 7,497 17,831
    3M COMPANY 0 0
    CISCO SYSTEMS INC 14,347 22,947
    US BANCORP DEL NEW 9,646 17,755
    GILEAD SCIENCES INC 2,825 13,668
    CELANESE CORP 15,023 19,187
    BHP BILLITON LTD ADR 0 0
    DIAGEO PLC ADR 7,467 11,409
    COMCAST CORP CLASS A 14,122 24,074
    JOHNSON CONTROLS INC 8,837 15,710
    AFFILIATED MGR GROUP INC 9,556 18,040
    CME GROUP INCE 11,887 19,503
    MCKESSON CORP 10,371 21,796
    UNITEDHEALTH GROUP INC 17,981 29,316
    UNITED PARCEL SERVICE CL B 11,160 14,452
    GOOGLE INC CL A 7,623 10,613
    ANHEUSER-BUSCH INBEV SPN 9,729 17,410
    EATON CORP PLC 11,842 13,592
    NESTLE SA REG SHS ADR 10,861 13,496
    TOTAL SA ADR 9,575 11,008
    COACH INC 0 0
    INTL BUS MACH CORP 9,011 8,022
    HSBC ADR 19,438 17,003
    MONSTER BEVERAGE CORP 5,776 13,002
    NATL OILWELL VARCO INC 21,483 19,331
    GOLDMAN SACHS GROUP INC 10,204 13,568
    BAXTER INTL INC 14,696 16,124
    DREYFUS EMERGING 75,000 74,517
    LAS VEGAS SANDS 16,265 14,831
    BLACKROCK 11,949 13,587
    CITIGROUP 19,782 21,373
    CUMMINS 23,755 24,509
    EMC 11,730 16,506
    GOOGLE INC CLASS C 7,598 10,528
    PRINCIPAL MIDCAP 50,000 49,548
    HSBC FRONTIER 50,000 43,053
    VANGUARD EMERGING 89,418 84,042
    GAI CORBIN 100,000 107,585
    PRINCIPAL GLOBAL 75,000 74,122
    CREDIT SUISSE 40,000 32,399

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    GEORGE F MURPHY PERPETUAL CHARITABLE TRUST
    EIN: 42-6595689
    US Government Securities - End of Year Book Value:

    113,712
    US Government Securities - End of Year Fair Market Value:

    119,704
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2014 InvestmentsLandSchedule2
    Name:
    GEORGE F MURPHY PERPETUAL CHARITABLE TRUST
    EIN: 42-6595689
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    DWELLING 50,000 27,043 22,957  
    GARAGE 10,000 10,000 0  
    GARAGE - 2 2,500 2,500 0  
    BARN 10,000 7,875 2,125  
    SHED 2,000 1,629 371  
    CRIB/GRANARY 5,000 4,071 929  
    MACHINE SHED 10,000 7,875 2,125  
    BIN DRYER 36 - 1 35,000 35,000 0  
    BIN DRYER 36 - 2 20,000 20,000 0  
    BIN DRYER 24 10,000 10,000 0  
    BIN DRYER 30 15,000 15,000 0  
    BIN 21 5,000 5,000 0  
    WELLS - 2 2,000 1,629 371  
    TILE 150,000 118,125 31,875  
    FENCE 5,000 5,000 0  
    ROOF ON MACHINE SHED 7,860 5,600 2,260  
    DRIVEWAY 3,944 2,774 1,170  
    LAND 1,106,285 0 1,106,285  

    TY 2014 InvestmentsOtherSchedule2
    Name:
    GEORGE F MURPHY PERPETUAL CHARITABLE TRUST
    EIN: 42-6595689
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ISHARES MSCI EAFE AT COST 82,823 109,512
    ISHARES RUSSELL 2000 AT COST 52,842 95,696
    ISHARES RUSSELL 2000 VAL AT COST 43,351 81,344
    ISHARES MSCI EMERGING MKTS AT COST 0 0
    SPDR S&P MIDCAP 400 ETF AT COST 68,086 211,176
    OAKMARK INTERNATIONAL FD AT COST 49,529 69,822
    PIMCO EMERGING MKTS BOND FD AT COST 146,136 139,354
    PIMCO HIGH YIELD FD INST AT COST 155,000 158,596
    PIMCO LOW DURATION FD CL 1 AT COST 0 0
    ISHARES BARCLAYS TIPS BOND AT COST 54,202 56,005
    PIMCO PREFERRED SECURITIES INS AT COST 0 0
    EII INTL PROPERTY AT COST 0 0
    PRINCIPAL INV RE SECURITIES AT COST 100,000 119,359
    VANGUARD REIT VIPER AT COST 45,285 72,900
    EATON VANCE FLOATING RATE AT COST 79,949 78,289
    FEDERATED STRAT VAL DIV AT COST 60,375 77,182
    PIMCO FOREIGN BOND FUND AT COST 265,000 265,023
    PIMCO FOREIGN BOND HEDGED AT COST 0 0
    ASGI AGILITY INCOME FUND AT COST 100,000 106,281
    FIRST EAGLE OVERSEAS FD AT COST 60,000 60,144
    HARBOR INTL FUND CL INST AT COST 50,000 54,478
    T ROWE PRICE EMERG MKTS AT COST 100,000 96,893
    ASGI CORBIN MULTI STRAT AT COST 0 0
    ARBITRAGE FUND CLASS I AT COST 50,000 50,000
    ELEMENTS ROGERS TOTAL RET AT COST 0 0
    EDGEWOOD GROWTH INSTL AT COST 25,000 32,190
    TEMPLETON FRONTIER MKT AT COST 0 0
    AQR MNG FUTURES STRAT AT COST 200,000 209,252
    ASG GLOBAL ALT FD CL Y AT COST 115,000 113,783
    DRIEHAUS ACTIVE INC FD AT COST 168,040 163,169
    ROBECO BOSTON PTRS LONG SH AT COST 120,000 134,979
    ISHARES GOLD TRUST AT COST 0 0
    SPDR WILSHIRE INTL RE ETF AT COST 167,981 161,666

    TY 2014 OtherAssetsSchedule
    Name:
    GEORGE F MURPHY PERPETUAL CHARITABLE TRUST
    EIN: 42-6595689
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED DIVIDENDS 4,482 16,534 16,534


    TY 2014 OtherExpensesSchedule
    Name:
    GEORGE F MURPHY PERPETUAL CHARITABLE TRUST
    EIN: 42-6595689
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT INTEREST EXP 85 0   0
    ADR FEES 18 0   0
    MANAGEMENT FEES 13,000 13,000   0
    CHEMICALS 5,202 5,202   0
    UTILITIES 1,210 1,210   0
    FERTILIZERS AND LIME 22,406 22,406   0
    SEED 25,140 25,140   0
    STORAGE AND WAREHOUSING 941 941   0
    INSURANCE 3,255 3,255   0
    REPAIRS 531 531   0
    FUEL 2,242 2,242   0


    TY 2014 TaxesSchedule
    Name:
    GEORGE F MURPHY PERPETUAL CHARITABLE TRUST
    EIN: 42-6595689
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX WITHHELD 1,931 0   0
    EXCISE TAX ESTIMATES 2,991 0   0
    PROPERTY TAX 12,186 12,186   0