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
MURIEL WHITESIDE CHARITABLE TR 14905500
 

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 0634   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

41-6370669
B Telephone number (see instructions)

(218) 723-2870
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$17,904,944J 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 134 134  
4 Dividends and interest from securities...... 398,877 398,877  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 402,989
b Gross sales price for all assets on line 6a 2,315,919
7 Capital gain net income (from Part IV, line 2)... 402,989
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)....... Click to see attachment 2,008,656 2,008,656  
12 Total. Add lines 1 through 11........ 2,810,656 2,810,656  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 271,131 195,214   75,917
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 80,144 0 0 80,144
b Accounting fees (attach schedule)....... Click to see attachment 2,500 0 0 2,500
c Other professional fees (attach schedule).... Click to see attachment 58,106 58,106   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 154,334 124,334   0
19 Depreciation (attach schedule) and depletion... 0 293,590  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 50,014 49,901   113
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 616,229 721,145 0 158,674
25 Contributions, gifts, grants paid........ 1,556,059 1,556,059
26 Total expenses and disbursements. Add lines 24 and 25 2,172,288 721,145 0 1,714,733
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 638,368
b Net investment income (if negative, enter -0-) 2,089,511
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 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............... 30,446 -587,467 -587,467
2 Savings and temporary cash investments.......... 856,009 763,367 763,367
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)........ 7,848,134 Click to see attachment8,655,675 11,612,398
c Investments—corporate bonds (attach schedule)........ 3,011,117 Click to see attachment3,540,494 3,281,168
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 2,159 Click to see attachment2,457 2,457
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment2,821,986 Click to see attachment2,833,021 Click to see attachment2,833,021
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 14,569,851 15,207,547 17,904,944
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) Click to see attachment3,610 Click to see attachment3,088
23 Total liabilities (add lines 17 through 22).......... 3,610 3,088
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......... 8,822,606 8,822,456
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 5,743,635 6,382,003
30 Total net assets or fund balances (see instructions)...... 14,566,241 15,204,459
31 Total liabilities and net assets/fund balances (see instructions).. 14,569,851 15,207,547
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 14,566,241
2 Enter amount from Part I, line 27a..................... 2 638,368
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 143
4 Add lines 1, 2, and 3.......................... 4 15,204,752
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 293
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 15,204,459
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 55. CVS HEALTH CORPORATION   2012-10-04 2014-01-03
b 250000. CS FIRST BOSTON USA 5.125% 1/15/14   2007-04-18 2014-01-15
c 150000. HSBC FINANCE CORP 5.250% 1/15/14   2007-02-16 2014-01-15
d 275. MONDELEZ INTERNATIONAL W I   2013-01-11 2014-01-16
e 709. TAIWAN SEMICONDUCTOR A D R   2013-11-19 2014-01-16
100. KOHLS CORP   2013-06-28 2014-01-21
59. STARBUCKS CORP   2012-10-04 2014-01-21
26. CAPITAL ONE FINANCIAL CORP   2013-01-11 2014-01-22
86. REDWOOD TRUST INC   2012-10-04 2014-01-22
53. STARBUCKS CORP   2012-10-04 2014-01-22
2483. BOMBARDIER INC CL B   2013-10-10 2014-01-28
5312. BOMBARDIER INC CL B   2012-10-04 2014-01-28
51. MARATHON OIL CORPORATION   2013-01-11 2014-01-31
114. MORGAN STANLEY   2013-01-23 2014-01-31
312. OLD REP INTL CORP   2012-10-04 2014-01-31
53. STATE STR CORP   2013-01-11 2014-01-31
640. CISCO SYS INC   2013-04-12 2014-02-03
250. HITACHI LTD ADR 10 COM   2013-08-20 2014-02-07
81.75 ONE GAS INC W I   2013-01-11 2014-02-07
1170. SONY FINANCIAL HOLD A D R   2012-10-04 2014-02-07
564. SONY FINANCIAL HOLD A D R   2013-04-11 2014-02-07
1223. TESCO PLC A D R   2012-10-04 2014-02-07
259. EATON CORP PLC   2013-01-11 2014-02-07
9. AT&T INC   2013-08-26 2014-02-18
6. ABBVIE INC   2012-10-04 2014-02-18
2. BANK OF NEW YORK MELLON CORP   2013-11-20 2014-02-18
2. BLACKROCK INC   2013-01-11 2014-02-18
3. CVS HEALTH CORPORATION   2013-01-23 2014-02-18
5. CATERPILLAR INC   2013-01-11 2014-02-18
7. CHEVRON CORPORATION   2012-10-04 2014-02-18
27. COCA COLA COMPANY   2012-10-04 2014-02-18
10. CULLEN FROST BANKERS INC   2012-10-04 2014-02-18
14. FIDELITY NATL INFORMATION SVCS INC   2013-01-11 2014-02-18
3. HONEYWELL INTERNATIONAL INC   2013-06-17 2014-02-18
9. ITC HOLDINGS CORP   2013-01-11 2014-02-18
14. J P MORGAN CHASE & CO   2013-01-11 2014-02-18
5. KINDER MORGAN INC   2013-09-27 2014-02-18
2. MACYS INC   2013-11-20 2014-02-18
1. MCCORMICK CO NON VTG SHRS   2013-01-11 2014-02-18
40. MICROSOFT CORP   2012-10-04 2014-02-18
14. MOTOROLA SOLUTIONS INC   2013-01-11 2014-02-18
1. NEXTERA ENERGY INC   2012-10-04 2014-02-18
10. NOVO NORDISK AS A D R   2013-01-11 2014-02-18
3. ONEOK INC   2012-10-04 2014-02-18
3. PACKAGING CORP AMERICA   2013-08-22 2014-02-18
19. PFIZER INC   2013-01-11 2014-02-18
3. PHILIP MORRIS INTL   2013-09-27 2014-02-18
13. QUALCOMM INC   2013-01-11 2014-02-18
6. SOUTHERN COPPER CORP DEL   2013-01-11 2014-02-18
2. TIME WARNER CABLE INC   2012-10-04 2014-02-18
2. TUPPERWARE BRANDS CORP   2013-05-15 2014-02-18
1. UNION PACIFIC CORP   2013-01-11 2014-02-18
1. UNITED HEALTH GROUP INC   2013-09-06 2014-02-18
10. V F CORP   2012-10-04 2014-02-18
54. WALGREEN CO   2013-01-11 2014-02-18
10. WELLS FARGO & CO NEW   2012-10-04 2014-02-18
1. WHIRLPOOL CORP   2013-04-22 2014-02-18
9. ACCENTURE PLC CL A   2012-10-04 2014-02-18
7. COVIDIEN PLC   2013-03-06 2014-02-18
7. SEADRILL LIMITED   2013-08-26 2014-02-18
4. ACE LTD   2013-09-27 2014-02-18
55. QUALCOMM INC   2013-01-11 2014-02-24
20. UNION PACIFIC CORP   2013-01-11 2014-02-24
.6 STARWOOD WAYPOINT RESIDE W I   2014-01-31 2014-02-28
190.659 VERIZON COMMUNICATIONS   2014-02-24 2014-02-28
620. AISIN SEIKO CO LTD UNSP A D R   2013-12-03 2014-03-04
1635. ASAHI KASEI CORP A D R   2012-10-04 2014-03-04
423. DBS GROUP HLDGS LTD   2012-10-04 2014-03-13
73. MITSUI & CO LTD SPSD ADR   2013-03-12 2014-03-13
6. MITSUI & CO LTD SPSD ADR   2013-04-11 2014-03-13
122. NOVO NORDISK AS A D R   2013-01-11 2014-03-13
.6744 VERIZON COMMUNICATIONS   2012-10-04 2014-03-13
.0167 VERIZON COMMUNICATIONS   2014-02-24 2014-03-13
.0907 VODAFONE GROUP PLC A D R   2013-01-25 2014-03-13
.4542 VODAFONE GROUP PLC A D R   2012-10-04 2014-03-13
43. GLAXO SMITHKLINE P L C A D R   2012-10-04 2014-03-19
58. KNOWLES CORP   2013-01-11 2014-03-19
109. PFIZER INC   2013-01-11 2014-03-19
408. SYMANTEC CORP   2013-06-12 2014-03-21
324. ONEOK INC   2013-01-11 2014-03-28
16. KOMATSU LTD A D R REPSTG 4 ORD SHS   2013-04-11 2014-04-03
1031. KOMATSU LTD A D R REPSTG 4 ORD SHS   2012-10-04 2014-04-03
29. UNION PACIFIC CORP   2013-01-11 2014-04-08
330. WINDSTREAM HOLDINGS INC   2013-01-11 2014-04-10
441. WINDSTREAM HOLDINGS INC   2013-06-07 2014-04-10
81. CONAGRA FOODS INC   2013-12-16 2014-04-14
224. CONAGRA FOODS INC   2013-01-11 2014-04-14
244. XYLEM INC   2013-03-22 2014-04-14
17. ALTRIA GROUP INC   2012-10-04 2014-04-28
122. ASTRAZENECA P L C SPSD A D R   2013-01-25 2014-04-28
36. BANK OF AMERICA CORP   2012-10-04 2014-04-28
8. BANKUNITED INC   2013-01-11 2014-04-28
22. CA INC   2013-01-22 2014-04-28
6. CHEVRON CORPORATION   2012-10-04 2014-04-28
5. CITIGROUP INC   2014-01-31 2014-04-28
9. DOW CHEM CO   2013-01-11 2014-04-28
8. EMERSON ELECTRIC CO   2013-01-11 2014-04-28
36. ERICSSON LM TEL SP A D R   2014-02-03 2014-04-28
11. EXELON CORPORATION   2013-08-12 2014-04-28
47. FIFTH THIRD BANCORP   2012-10-04 2014-04-28
65. GENERAL ELECTRIC CO   2013-12-16 2014-04-28
19. HEWLETT PACKARD CO   2014-01-22 2014-04-28
11. LOWES CO INC   2013-02-28 2014-04-28
148. MARATHON OIL CORPORATION   2012-10-04 2014-04-28
7. MID-AMER APT CMNTYS INC   2012-10-04 2014-04-28
11. MORGAN STANLEY   2013-01-23 2014-04-28
14. NATIONAL RETAIL PROPERTIES INC   2013-12-16 2014-04-28
5. P N C FINANCIAL SERVICES GROUP INC   2012-10-04 2014-04-28
13. P P L CORPORATION   2012-10-04 2014-04-28
6. PHILIP MORRIS INTL   2012-10-04 2014-04-28
6. PINNACLE WEST CAP CORP   2012-10-04 2014-04-28
14. PROCTER & GAMBLE CO   2013-07-16 2014-04-28
30. REDWOOD TRUST INC   2012-10-04 2014-04-28
22. SLM CORP   2013-01-11 2014-04-28
9. SPECTRA ENERGY CORP   2013-03-18 2014-04-28
6. TWENTY FIRST CENTURY FOX INC   2014-04-14 2014-04-28
6. UNILEVER N V A D R   2013-01-11 2014-04-28
22. UNUM GROUP   2013-03-12 2014-04-28
23. VODAFONE GROUP PLC A D R   2013-01-25 2014-04-28
4. WHIRLPOOL CORP   2013-01-11 2014-04-28
7. EATON CORP PLC   2013-01-11 2014-04-28
12. GOLAR LNG LTD   2013-02-25 2014-04-28
275. SAP SE SPONSORED A D R   2012-10-04 2014-04-29
495. ACCOR SA A D R   2013-05-21 2014-04-30
133. AIRBUS GROUP NV A D R   2012-10-04 2014-04-30
139. AXA A D R   2012-10-04 2014-04-30
57. CAPGEMINI SA A D R   2012-10-04 2014-04-30
23. GEA GROUP AG SPON A D R   2012-10-04 2014-04-30
447. ICAP PLC A D R   2012-10-04 2014-04-30
329. PORSCHE AUTOMOBIL HLDG SE A D R   2013-04-11 2014-04-30
7. ROCHE HOLDINGS LTD SPONS A D R   2012-10-04 2014-04-30
11. SCHLUMBERGER LTD   2012-10-04 2014-04-30
29. SUNCOR ENERGY INC   2012-10-04 2014-04-30
75. TAIWAN SEMICONDUCTOR A D R   2013-11-19 2014-04-30
7. WPP PLC SPONSORED A D R   2012-11-09 2014-04-30
169. DAIMLER AG   2013-04-25 2014-04-30
21. CHECK POINT SOFTWARE TECH LTD   2013-03-07 2014-04-30
368. CAPGEMINI SA A D R   2012-10-04 2014-05-12
399. CAPGEMINI SA A D R   2013-05-21 2014-05-12
21. HASBRO INC   2012-10-04 2014-05-13
29. COVIDIEN PLC   2012-10-04 2014-05-13
141. EXELON CORPORATION   2013-08-12 2014-05-21
29. WALGREEN CO   2012-12-19 2014-05-22
625. SOUTHERN COPPER CORP DEL   2013-01-11 2014-05-23
27. LYONDELLBASELL INDUSTRIES CL A   2013-03-01 2014-05-23
565. NIPPON TELEGRAPH TELE A D R   2013-04-11 2014-06-04
159. TECHNIP-COFLEXIP A D R   2014-04-30 2014-06-04
798. TECHNIP-COFLEXIP A D R   2013-04-11 2014-06-04
26. KOHLS CORP   2013-06-28 2014-06-09
74. STARWOOD WAYPOINT RESIDE W I   2014-01-31 2014-06-23
33. DOW CHEM CO   2013-01-11 2014-06-24
50. KOHLS CORP   2013-06-28 2014-06-24
33. ACE LTD   2013-04-04 2014-06-27
29821.074 NUVEEN SHORT TERM BOND FUND CL I   2010-03-30 2014-06-30
285. BANK OF AMERICA CORP   2012-10-04 2014-07-01
76. BEST BUY CO INC   2012-10-04 2014-07-01
1867. ICAP PLC A D R   2013-04-11 2014-07-01
.291 KONINKLIJKE PHILIPS NVR NY A D R   2014-04-30 2014-07-07
6533. PORTUGAL TELECOM, SGPS S.A.   2014-04-30 2014-07-17
81. TWENTY FIRST CENTURY FOX INC   2014-04-14 2014-07-23
611. COCA COLA COMPANY   2013-01-11 2014-07-24
77. TWENTY FIRST CENTURY FOX INC   2014-04-14 2014-07-24
18. POLARIS INDS INC   2013-03-25 2014-07-31
115. TWENTY FIRST CENTURY FOX INC   2014-04-14 2014-07-31
175000. WACHOVIA CORP 5.250% 8/01/14   2007-01-03 2014-08-01
60. TEXAS INSTRUMENTS INC   2013-01-11 2014-08-04
67. TEXAS INSTRUMENTS INC   2012-10-04 2014-08-05
76. APPLE INC   2013-07-02 2014-08-07
6. POLARIS INDS INC   2013-03-25 2014-08-07
90. KAO CORP A D R   2014-04-30 2014-08-08
646. KAO CORP A D R   2012-10-04 2014-08-08
71. OCEANEERING INTERNATIONAL INC   2014-01-31 2014-08-20
170. BANCO BILBAO VIZCAYA ARGEN A D R   2013-04-11 2014-08-27
947. BANCO BILBAO VIZCAYA ARGEN A D R   2014-04-30 2014-08-27
127. KINDER MORGAN INC   2013-01-11 2014-08-29
313. MOTOROLA SOLUTIONS INC   2013-01-11 2014-08-29
12. WYNN RESORTS LTD   2014-07-31 2014-09-02
992. B A E SYSTEMS P L C A D R   2014-04-30 2014-09-10
544. BANK OF AMERICA CORP   2012-10-04 2014-09-12
165. CITIGROUP INC   2013-01-11 2014-09-12
281. MORGAN STANLEY   2013-01-23 2014-09-12
193. STATE STR CORP   2012-10-04 2014-09-12
2480. IPSEN SA SPONSORED A D R   2014-04-30 2014-09-19
180. BANK OF NEW YORK MELLON CORP   2013-09-06 2014-09-22
47. REGAL BELOIT CORP   2013-07-29 2014-09-23
40. REGAL BELOIT CORP   2013-07-29 2014-09-24
647. TRANSOCEAN LTD   2014-06-04 2014-09-25
11. WYNN RESORTS LTD   2014-07-31 2014-09-30
66. REGAL BELOIT CORP   2013-07-18 2014-10-08
270. STAPLES INC   2014-09-02 2014-10-08
99. VALERO ENERGY CORP   2014-08-20 2014-10-08
113. AVERY DENNISON CORP   2014-09-24 2014-10-09
366. TECK RESOURCES LIMITED   2014-03-21 2014-10-10
194. VODAFONE GROUP PLC A D R   2013-01-25 2014-10-10
105. VODAFONE GROUP PLC A D R   2014-06-09 2014-10-10
97. SM ENERGY CO   2014-05-22 2014-10-13
25. OCCIDENTAL PETROLEUM CORPORATION   2014-01-16 2014-10-15
76. VERIZON COMMUNICATIONS   2014-02-24 2014-10-16
26. PROCTER & GAMBLE CO   2014-10-10 2014-10-23
81. PROCTER & GAMBLE CO   2013-07-16 2014-10-23
61. LVMH MOET HENNESSY A D R   2014-04-30 2014-11-04
640. LVMH MOET HENNESSY A D R   2013-05-09 2014-11-04
90. KINDER MORGAN INC   2012-10-04 2014-11-21
. AMERICAN INTL GROUP INC     2014-11-25
267. SCHLUMBERGER LTD   2012-10-04 2014-12-05
1136. SONY CORP A D R   2014-04-30 2014-12-05
4. CHEVRON CORPORATION   2012-10-04 2014-12-09
24. CHEVRON CORPORATION   2014-06-23 2014-12-09
59. PHILLIPS 66   2014-10-08 2014-12-09
123. WALGREEN CO   2012-12-19 2014-12-11
229. MAXIM INTEGRATED PRODS INC   2013-01-11 2014-12-12
702. SUNCOR ENERGY INC   2013-04-11 2014-12-12
28.8 CALIFORNIA RESOURCES CORP   2014-01-16 2014-12-15
39.2 CALIFORNIA RESOURCES CORP   2013-01-14 2014-12-15
594. SEADRILL LIMITED   2013-08-26 2014-12-16
138. GOLAR LNG LTD   2013-08-12 2014-12-19
261. BANK OF NEW YORK MELLON CORP   2013-11-20 2014-12-23
.4 CALIFORNIA RESOURCES CORP   2013-01-11 2014-12-23
12. ASTRAZENECA P L C SPSD A D R   2013-01-25 2014-12-30
8. BANK OF AMERICA CORP   2012-10-04 2014-12-30
13. C M S ENERGY CORP   2013-04-09 2014-12-30
9. CARNIVAL CORP   2012-10-04 2014-12-30
9. CITIGROUP INC   2012-10-04 2014-12-30
12. COMERICA INC   2013-12-16 2014-12-30
5. CONOCOPHILLIPS   2013-01-11 2014-12-30
23. ERICSSON LM TEL SP A D R   2014-07-24 2014-12-30
16. GENERAL ELECTRIC CO   2013-12-16 2014-12-30
5. GLAXO SMITHKLINE P L C A D R   2012-10-04 2014-12-30
6. GOLDCORP INC   2014-06-24 2014-12-30
7. HASBRO INC   2012-10-04 2014-12-30
6. INTEL CORP   2013-12-16 2014-12-30
13. J P MORGAN CHASE & CO   2013-12-16 2014-12-30
7. JOHNSON & JOHNSON   2013-01-11 2014-12-30
6. LIBERTY PPTY TR SBI   2013-01-11 2014-12-30
4. M T BANK CORP   2013-07-02 2014-12-30
32. MFA FINANCIAL INC   2013-07-02 2014-12-30
11. MERCK AND CO INC   2012-10-04 2014-12-30
16. MICROSOFT CORP   2012-10-04 2014-12-30
49. PFIZER INC   2014-04-28 2014-12-30
6. PITNEY BOWES INC   2014-09-12 2014-12-30
6. STAPLES INC   2013-02-20 2014-12-30
9. TEVA PHARMACEUTICAL INDS LTD A D R   2014-03-19 2014-12-30
6. UNITED TECHNOLOGIES CORP   2013-01-11 2014-12-30
11. WESTAR ENERGY INC   2012-10-04 2014-12-30
CAPITAL GAIN 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 3,883   2,692 1,191
b 250,000   249,400 600
c 150,000   149,730 270
d 9,745   7,661 2,084
e 12,776   12,656 120
5,259   5,245 14
4,355   2,895 1,460
1,887   1,573 314
1,628   1,251 377
3,919   2,600 1,319
8,635   11,943 -3,308
18,474   20,982 -2,508
1,656   1,620 36
3,333   2,598 735
4,862   2,992 1,870
3,543   2,510 1,033
13,890   13,632 258
19,172   16,063 3,109
2,684   2,002 682
18,983   20,112 -1,129
9,151   7,214 1,937
19,323   19,115 208
18,293   13,418 4,875
295   305 -10
308   221 87
63   67 -4
610   441 169
211   157 54
481   476 5
789   822 -33
1,010   1,036 -26
750   579 171
758   516 242
283   240 43
935   706 229
819   643 176
168   179 -11
106   102 4
66   65 1
1,500   1,197 303
921   805 116
93   71 22
444   347 97
182   129 53
217   162 55
607   507 100
241   262 -21
986   844 142
192   237 -45
290   198 92
156   166 -10
178   131 47
74   74  
561   409 152
3,482   2,098 1,384
461   359 102
136   117 19
743   642 101
499   416 83
249   308 -59
389   378 11
4,166   3,569 597
3,612   2,617 995
16   17 -1
9,026   9,174 -148
21,600   25,017 -3,417
22,783   16,873 5,910
21,073   19,966 1,107
20,863   21,612 -749
1,715   1,689 26
5,549   4,216 1,333
31   32 -1
1   1  
3   4 -1
17   24 -7
2,345   2,043 302
1,848   1,238 610
3,433   2,876 557
7,397   9,091 -1,694
18,807   13,657 5,150
336   408 -72
21,640   20,105 1,535
5,369   3,664 1,705
2,871   3,043 -172
3,837   3,258 579
2,491   2,571 -80
6,889   6,379 510
8,544   7,014 1,530
678   579 99
9,310   6,078 3,232
536   340 196
263   203 60
649   538 111
751   704 47
236   238 -2
423   305 118
542   441 101
427   443 -16
399   342 57
958   752 206
1,727   1,758 -31
608   571 37
505   418 87
5,355   4,416 939
484   450 34
327   251 76
480   428 52
414   323 91
435   383 52
509   560 -51
339   320 19
1,160   1,135 25
647   435 212
567   383 184
351   260 91
190   192 -2
253   231 22
707   597 110
844   1,136 -292
614   421 193
517   384 133
517   460 57
21,887   19,493 2,394
4,801   3,529 1,272
2,264   1,122 1,142
3,478   2,128 1,350
2,006   1,194 812
1,031   739 292
6,303   4,899 1,404
3,593   2,462 1,131
256   171 85
1,117   790 327
1,118   986 132
1,490   1,339 151
754   452 302
15,636   9,114 6,522
1,341   1,085 256
12,841   7,706 5,135
13,922   10,334 3,588
1,166   788 378
2,091   1,599 492
4,742   4,384 358
2,013   1,088 925
18,963   22,183 -3,220
2,648   1,573 1,075
17,157   12,914 4,243
4,220   4,496 -276
21,179   22,710 -1,531
1,394   1,320 74
1,947   2,134 -187
1,755   1,118 637
2,651   2,538 113
3,418   2,927 491
300,000   297,898 2,102
4,429   2,693 1,736
2,362   1,401 961
23,153   19,673 3,480
9   9  
15,559   27,383 -11,824
2,647   2,587 60
25,071   23,207 1,864
2,532   2,459 73
2,672   1,633 1,039
3,684   3,672 12
175,000   173,595 1,405
2,777   1,813 964
3,078   1,870 1,208
7,168   4,550 2,618
879   544 335
3,583   3,382 201
25,717   18,831 6,886
4,840   4,853 -13
2,084   1,568 516
11,609   11,816 -207
5,097   4,690 407
18,556   16,430 2,126
2,234   2,608 -374
29,015   28,039 976
9,093   5,141 3,952
8,682   5,889 2,793
9,777   6,403 3,374
14,196   8,206 5,990
30,735   28,001 2,734
7,092   5,506 1,586
3,069   3,334 -265
2,621   2,825 -204
21,215   27,154 -5,939
2,048   2,390 -342
4,329   4,483 -154
3,090   3,979 -889
4,423   5,352 -929
4,850   5,292 -442
5,872   7,682 -1,810
6,027   9,404 -3,377
3,262   3,662 -400
5,639   7,499 -1,860
2,093   2,292 -199
3,617   3,657 -40
2,156   2,213 -57
6,716   6,566 150
2,024   2,410 -386
21,235   22,483 -1,248
3,582   3,270 312
237     237
23,108   19,176 3,932
25,221   20,567 4,654
428   470 -42
2,568   3,188 -620
4,030   4,538 -508
8,770   4,614 4,156
7,004   6,310 694
19,429   23,379 -3,950
150   230 -80
204   284 -80
6,522   23,129 -16,607
4,809   5,270 -461
10,846   8,403 2,443
2   3 -1
848   594 254
145   76 69
459   369 90
409   334 75
493   314 179
564   546 18
350   292 58
279   294 -15
408   433 -25
214   238 -24
111   167 -56
385   263 122
221   147 74
820   739 81
738   507 231
228   222 6
510   455 55
256   275 -19
634   508 126
751   479 272
1,533   1,554 -21
148   162 -14
108   87 21
513   452 61
697   513 184
463   329 134
      316,457
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       1,191
b       600
c       270
d       2,084
e       120
      14
      1,460
      314
      377
      1,319
      -3,308
      -2,508
      36
      735
      1,870
      1,033
      258
      3,109
      682
      -1,129
      1,937
      208
      4,875
      -10
      87
      -4
      169
      54
      5
      -33
      -26
      171
      242
      43
      229
      176
      -11
      4
      1
      303
      116
      22
      97
      53
      55
      100
      -21
      142
      -45
      92
      -10
      47
       
      152
      1,384
      102
      19
      101
      83
      -59
      11
      597
      995
      -1
      -148
      -3,417
      5,910
      1,107
      -749
      26
      1,333
      -1
       
      -1
      -7
      302
      610
      557
      -1,694
      5,150
      -72
      1,535
      1,705
      -172
      579
      -80
      510
      1,530
      99
      3,232
      196
      60
      111
      47
      -2
      118
      101
      -16
      57
      206
      -31
      37
      87
      939
      34
      76
      52
      91
      52
      -51
      19
      25
      212
      184
      91
      -2
      22
      110
      -292
      193
      133
      57
      2,394
      1,272
      1,142
      1,350
      812
      292
      1,404
      1,131
      85
      327
      132
      151
      302
      6,522
      256
      5,135
      3,588
      378
      492
      358
      925
      -3,220
      1,075
      4,243
      -276
      -1,531
      74
      -187
      637
      113
      491
      2,102
      1,736
      961
      3,480
       
      -11,824
      60
      1,864
      73
      1,039
      12
      1,405
      964
      1,208
      2,618
      335
      201
      6,886
      -13
      516
      -207
      407
      2,126
      -374
      976
      3,952
      2,793
      3,374
      5,990
      2,734
      1,586
      -265
      -204
      -5,939
      -342
      -154
      -889
      -929
      -442
      -1,810
      -3,377
      -400
      -1,860
      -199
      -40
      -57
      150
      -386
      -1,248
      312
      237
      3,932
      4,654
      -42
      -620
      -508
      4,156
      694
      -3,950
      -80
      -80
      -16,607
      -461
      2,443
      -1
      254
      69
      90
      75
      179
      18
      58
      -15
      -25
      -24
      -56
      122
      74
      81
      231
      6
      55
      -19
      126
      272
      -21
      -14
      21
      61
      184
      134
       
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 2 402,989
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 1,532,046 19,993,511 0.076627
2012 1,427,446 18,640,702 0.076577
2011 1,581,046 18,368,540 0.086074
2010 1,334,947 17,707,046 0.075391
2009 1,039,319 16,431,773 0.063251
2 Total of line 1, column (d) ...................... 2 0.37792
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 0.075584
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 22,262,073
5 Multiply line 4 by line 3....................... 5 1,682,657
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 20,895
7 Add lines 5 and 6......................... 7 1,703,552
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,714,733
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 20,895
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 20,895
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 20,895
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 42,467
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 42,467
8 Enter any penalty for underpayment of estimated tax. if 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.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 21,572
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet20,896 RefundedBullet 11 676
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMN
    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 addressbullet  
    14
    The books are in care ofbulletU S BANK NATIONAL ASSOCIATION Telephone no.bullet (218) 723-2870
    Located atbullet130 W SUPERIOR STREETDULUTHMN ZIP+4bullet55802
    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
     
    No
    .........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
    US BANK NA CORP TSTEE
    8     		237,718    
    130 W SUPERIOR STREET
    DULUTH,MN55802
    JAMES H STEWART CO-TRUSTEE
    4     		33,413    
    302 W SUPERIOR ST STE 700
    DULUTH,MN55802
    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.........................bullet  
    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
    21,748,553
    b
    Average of monthly cash balances.......................
    1b
    852,536
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    22,601,089
    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
    22,601,089
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    339,016
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    22,262,073
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,113,104
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,113,104
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    20,895
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    20,895
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,092,209
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,092,209
    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
    1,092,209
    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
    1,714,733
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,714,733
    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
    20,895
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,693,838
    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 1,092,209
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 238,915
    b From 2010....... 479,299
    c From 2011....... 698,047
    d From 2012....... 531,217
    e From 2013....... 572,895
    fTotal of lines 3a through e......... 2,520,373
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 1,714,733
    a Applied to 2013, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2014 distributable amount..... 1,092,209
    e Remaining amount distributed out of corpus 622,524
    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 3,142,897
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		238,915
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		2,903,982
    10 Analysis of line 9:
    a Excess from 2010.... 479,299
    b Excess from 2011.... 698,047
    c Excess from 2012.... 531,217
    d Excess from 2013.... 572,895
    e Excess from 2014.... 622,524
    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).)
    NONE
    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.
    NONE
    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
    UMD MEDICAL SCHOOL
    10 UNIVERSITY DRIVE
    DULUTH,MN558122496     		NONE N/A MEDICAL SCHOOL 233,409
    ST LUKES
    915 EAST FIRST STREET
    DULUTH,MN55805     		NONE PRIVATE GENERAL 233,409
    Y M C A
    302 WEST FIRST STREET
    DULUTH,MN55802     		NONE N/A GENERAL 217,848
    Y W C A
    202 WEST 2ND STREET
    DULUTH,MN55802     		NONE N/A GENERAL 217,848
    WDSE EDUCATIONAL TV
    632 NIAGARA COURT
    DULUTH,MN55811     		NONE PRIVATE GENERAL 31,121
    ANIMAL ALLIES
    407 WEST MICHIGAN STR
    DULUTH,MN55802     		NONE PUBLIC GENERAL 124,485
    PILGRIM CONGREGATIONAL CHURCH
    2310 EAST 4TH ST
    DULUTH,MN55812     		NONE N/A GENERAL 31,121
    UNITED WAY OF DULUTH
    ATTN FINANCE DIRECTOR
    402 ORDEAN BLDG
    DULUTH,MN55802     		NONE PUBLIC GENERAL 108,924
    BOYS AND GIRLS CLUB
    2623 W SECOND STREET
    DULUTH,MN558166435     		NONE N/A GENERAL 171,167
    DULUTH SUPERIOR SYMPHONY
    ATTN MIKE BEERY
    506 W MICHIGAN ST
    DULUTH,MN55802     		NONE N/A GENERAL 31,121
    AMERICAN CANCER SOCIETY
    130 WEST SUPERIOR STREET
    DULUTH,MN55802     		NONE PUBLIC GENERAL 31,121
    DEPOT FOUNDATION
    314 W SUPERIOR STREET
    DULUTH,MN55802     		NONE PUBLIC GENERAL 124,485
    Total .................................bullet 3a 1,556,059
    bApproved for future payment
    Total .................................bullet 3b  
    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 ............     		    14 134  
    4 Dividends and interest from securities....     14 398,877  
    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 .............     		    18 402,989  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aOTHER INCOME     1 2,008,656  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   2,810,656  
    13Total. Add line 12, columns (b), (d), and (e)..................
    132,810,656
    (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:
    MURIEL WHITESIDE CHARITABLE TR 14905500
    EIN: 41-6370669
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREP FEES 2,500     2,500

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    MURIEL WHITESIDE CHARITABLE TR 14905500
    EIN: 41-6370669
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GEN ELEC CAP CRP 257,100 256,333
    CS FIRST BOSTON USA    
    HSBC FIN CORP    
    WACHOVIA CORP    
    CREDIT SUISSE COMMOD RET STRAT 675,000 448,225
    NUVEEN SHORT TERM BD FD Y 1,477,321 1,470,228
    ISHARES S&P PREF STK INDEX FD 79,920 78,880
    PIMCO TOTAL RETURN FD 500,000 489,544
    EI DU PONT DE NEMOUR C 101,153 100,066
    DRIEHAUS ACTIVE INCOME FUND 250,000 250,000
    NUVEEN HIGH INCOME BOND FD CI 200,000 187,892

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    MURIEL WHITESIDE CHARITABLE TR 14905500
    EIN: 41-6370669
    Name of Stock End of Year Book Value End of Year Fair Market Value
    WESTAR ENERGY INC 7,990 11,094
    EXXON MOBIL CORP 49,137 68,598
    JOHNSON & JOHNSON 43,151 90,976
    MICROSOFT CORP 108,021 167,359
    TEXAS INSTRUMENTS 68,576 64,158
    GENERAL ELECTRIC 130,223 108,914
    PEPSICO INC 34,010 75,648
    PFIZER INC 94,797 120,800
    WELLS FARGO & CO 57,215 101,253
    VERIZON COMMUNICATIONS 71,074 91,595
    UNITED TECHNOLOGIES CORP 28,065 81,420
    INTEL CORP 34,094 63,689
    FREEPORT-MCMORAN COPPER & GOLD 19,676 9,344
    REPUBLIC SVCS INC 25,796 48,300
    3M CO 42,153 82,160
    APACHE CORP 29,294 28,202
    MCDONALD'S CORP 36,655 103,070
    ALLSTATE CORP 28,809 42,150
    CISCO SYS INC 43,788 44,504
    QUALCOMM 59,373 90,460
    FED EX CORP 22,360 34,732
    SCHLUMBERGER LTD 53,142 68,328
    OMNICOM GROUP INC 42,350 71,195
    COSTCO WHSL CORP 30,886 85,050
    WAL MART STORES INC 46,163 85,880
    ACE LTD 51,170 91,674
    BANK OF AMERICA CORP 87,739 45,297
    GOLDMAN SACHS GROUP INC 30,458 38,766
    EXELON CORPORATION 44,164 29,664
    ACCENTURE LTD 54,940 129,053
    FISERV INC 17,382 56,776
    HEWLETT PACKARD CO 87,202 113,608
    ORACLE CORPORATION 41,538 116,922
    FIDELITY ADV DIVERSIFIED INTL 16,248 28,363
    NUVEEN EQUITY INDEX FD 550,963 1,449,505
    NUVEEN MID CAP INDEX FD 614,055 930,448
    NUVEEN REAL ESTATE SEC FD 522,882 619,956
    NUVEEN SMALL CAP SELECT FD 310,577 307,907
    I SHARES M S C I E A F E INDEX 100,810 73,008
    MONSANTO CO 17,760 17,921
    NIKE INC CL B 24,058 76,920
    ALTRIA GROUP INC 14,522 26,310
    PHILIP MORRIS INTL 50,503 55,956
    ST JUDE MED INC 21,538 32,515
    ZIMMER HOLDINGS INC 18,870 28,355
    P G & E CORP 29,743 42,592
    AT & T INC 67,176 76,182
    I SHARES MSCI EMERGING MKTS 443,984 443,977
    NEUBERGER BERMAN GENESIS INSTL 130,000 218,268
    SCOUT INTERNATIONAL FUND 700,000 738,814
    GOLDMAN SACHS MC VALUE CL INST 100,000 133,056
    T ROWE PRICE MID-CAP GRTH F#64 50,000 73,975
    ANADARKO PETROLEUM CORP 11,975 13,778
    APPLE INC 36,566 52,320
    BANKUNITED INC 3,054 3,534
    BEST BUY CO INC 6,781 13,019
    BLACKROCK INC 10,773 20,738
    BOEING CO 38,551 37,564
    CAPITAL ONE FINANCIAL CORP 8,217 11,392
    CATERPILLAR INC 17,897 18,031
    CENTURLYLINK 12,874 12,784
    CHEVRON CORPORATION 50,959 48,910
    CINEMARK HLDGS INC 4,850 7,401
    CITIGROUP INC 11,552 17,207
    COCA COLA COMPANY    
    CONAGRA FOODS INC    
    CONOCOPHILLIPS 26,816 55,317
    CULLEN FROST BANKER INC 15,959 19,567
    DEVON ENERGY CORPORATION 5,333 5,080
    DOVER CORP 6,279 8,320
    DOW CHEM CO 7,184 10,353
    EMERSON ELEC CO 5,279 6,420
    FIFTH THIRD BANCORD 10,303 12,775
    GENERAL DYNAMICS CORP 6,039 12,248
    HASBRO INC 6,719 9,898
    ITC HIDGS CORP 12,717 19,892
    J P MORGAN CHASE CO 36,827 51,441
    KINDER MORGAN INC 18,852 22,805
    LIBERTY PPTY TR 6,555 6,661
    LOWES CO INC 43,742 93,293
    MARATHON OIL CORP    
    MAXIM INTEGRATED PRODS INC    
    MCCORMICK CO INC 15,601 18,426
    MERCK AND CO INC NEW 23,004 28,622
    MID-AMERICA APT CMNTYS INC 3,795 4,406
    MONDELEZ INTERNATIONAL W I    
    MOTOROLA SOLUTIONS INC    
    NEXTERA ENERGY INC 15,399 22,959
    OCCIDENTAL PETROLEUM CORPORATI 14,321 13,784
    OLD REP INTL CORP    
    ONEOK INC    
    P N C FINANCIAL SERVICES GROUP 10,357 12,499
    P P G INDS INC 7,153 14,100
    P P L CORPORATION 8,033 9,954
    PHILLIPS 66 27,289 49,115
    PINNACLE WEST CAP CORP 5,667 7,309
    PRAXAIR INC 6,335 7,644
    PRUDENTIAL FINANCIAL INC 10,332 16,192
    REDWOOD TR INC 3,447 4,669
    ROCKWELL AUTOMATIC INC 3,824 5,115
    SLM CORP 2,644 4,005
    SOUTHERN COPPER CORP DEL    
    STATE STR CORP    
    SUNTRUST BKS INC 9,553 13,701
    TARGET CORPORATION 20,883 30,364
    TIME WARNER CABLE INC 27,662 38,927
    UNION PACIFIC CORP 16,990 31,212
    UNITED HEATH GROUP INCORPORATE 32,159 47,613
    V F CORP 17,529 32,806
    WALGREEN CO    
    WHIRLPOOL CORP 24,099 42,235
    WINDSTREAM CORP    
    STARBUCKS CORP    
    ASAHI KASEI CORP A D R    
    ASTRAZENECA P L C SPSD A D R 3,628 5,560
    AXA A D R 16,305 24,378
    BOMBARDIER INC CL B    
    BP PLC SPONS A D R 54,310 34,613
    CAPGEMINI SA A D R    
    CARNIVAL CORP 8,528 10,426
    COVIDIEN PLC 24,907 43,264
    DAIMLER AG 22,016 35,762
    DBS GROUP HLDGS LTD    
    DEUTSCH BOERSE AG UNSPN A D R 21,240 26,118
    EATON CORP PLC 9,325 12,165
    EUROPEAN AERO DFENSE SPACE CO    
    GEA GROUP AG SPON A D R 19,342 26,440
    GLAXO SMITHKLINE P L C D R 8,130 7,693
    HEINEKEN NV SPN A D R 25,306 27,522
    ICAP PLC A D R    
    JULIUS BAER GROUP LTD A D R 21,045 26,609
    KAO CORP A D R    
    KOMATSU LTD A D R    
    KONINKLIJKE DSM NV ADR 20,622 22,831
    MITSUBISHI ESTATE LTD A D R 25,438 25,413
    NOVARTIS AG A D R 19,460 29,003
    NOVO NORDISK AS A D R 13,839 17,901
    PORSCHE AUTOMOBIL HLDG SE A D 15,525 19,911
    REPSOL S A 20,025 18,952
    ROCHE HIDG LTD A D R 30,574 37,423
    SAP AG A D R    
    SEADRILL LIMITED    
    SECOM COMPANY LIMITED A D R 24,312 27,026
    SONY FINANCIAL HOLD A D R 19,619 24,093
    SUNCOR ENERGY INC    
    WPP PLCSPONSORED A D R 16,802 27,066
    VODAFONE GROUP PLC A D R 50,862 41,722
    UNILEVER A V A D R 8,290 8,706
    TESCO PLC A D R    
    TECHNIP-COFLEXIP A D R    
    TFS MARKET NEUTRAL FUND 250,000 246,438
    CVS CAREMARK CORP 49,304 96,792
    ABBVIE INC 17,106 32,393
    BANK OF NEW YORK MELLON CORP 8,136 10,792
    CMS ENERGY CORP 8,186 10,008
    CA INC 11,833 13,794
    COMERICA INC 6,812 7,541
    COMMUNITY BK SYS INC 3,635 4,919
    HONEYWELL INTERNATIONAL INC 22,681 27,378
    KOHLS CORP    
    LINCOLN NATL CORP IND 6,188 9,862
    MT BANK CORP 10,801 11,934
    MACYS INC 18,770 24,262
    MFA FINANCIAL INC 7,007 6,648
    MORGAN STANLEY 3,532 6,014
    NATIONAL RETAIL PROPERTIES INC 4,577 5,866
    PACKAGING CORP AMERICA 15,475 22,322
    POLARIS INDS INC 8,267 14,065
    PROCTER & GAMBLE CO 19,637 22,135
    REGAL BELOIT CORP    
    REGIONS FINL CORP 7,257 7,688
    SPECTRA ENERGY CORP 8,322 10,454
    STAPLES INC 11,494 16,000
    STARWOOD PROPERTY TRUST INC 9,680 8,669
    STRYKER CORP 3,702 5,094
    SYMANTEC CORP    
    TUPPERWARE BRANDS CORP 14,839 11,340
    UNUM GROUP 7,860 9,697
    XYLEM INC    
    ACCOR SA ADR 19,807 24,613
    AISIN SEIDO CO LTD UNSP ADR    
    AMERICA MOVIL ADR 26,568 29,987
    BANCO BILBAO 20,098 20,461
    BARCLAYS PLC ADR 26,853 23,836
    CHECK POINT SOFTWARE TECH LTD 22,084 33,785
    GOLAR LNG LTD    
    HITACHI LTD 24,329 27,960
    IPSEN SA SPONSORED ADR    
    KONINKLIJKE PHILIPS NVR NY ADR 27,469 25,491
    LVMH MOET HENNESSY LOU VUITT    
    LYONDELLBASELL INDUSTRIES CL A 9,789 11,194
    MITSUI & CO LTD SPSD ADR    
    NIPPON TELEGRAPH TELE ADR 22,759 23,049
    SEVEN & I HLDGS UNSPN ADR 39,007 37,575
    SUMITOMO MITSUE FINL GROUP ADR 46,503 37,237
    TAIWAN SEMICONDUCTOR ADR 23,181 30,459
    TORAY INDUSTRIES INC ADR 28,939 33,160
    COLGATE PALMOLIVE CO 26,737 27,745
    CYRESS SEMICONDUCTOR CORP 6,901 7,269
    DELTA AIR LINES INC 4,887 7,133
    DISCOVER FINL SVCS 19,925 22,070
    EOG RES INC 4,375 4,235
    EMC CORPORATION 18,807 22,781
    GENERAL MOTORS CO 21,110 22,866
    HALLIBURTON CO 7,371 4,523
    HARTFORD FINANCIAL SERVICES 12,762 15,550
    MARSH MCLENNAN COS INC 25,358 27,990
    NAVIENT CORP WD 4,721 8,493
    PITNEY BOWES INC 11,206 10,430
    RANGE RESOURCES CORP 4,968 4,223
    SIX FLAGS ENTERTAINMENT 9,973 12,384
    SYNOVUS FINANCIAL CORP 6,967 7,639
    VANGUARD 500 INDEX ADMIRAL 300,000 327,638
    XILINX INC 8,303 8,701
    AEGON NV REG SHR 27,229 22,470
    AIRBUS GROUP NV ADR 28,483 32,417
    BG GROUP 27,217 16,860
    BAYER AG ADR 26,300 26,684
    DENSO CORPORATION 27,288 27,086
    DEUTSCHE POST AG ADR 26,161 27,096
    ERICSSON LN TEL SP ADR 11,191 10,938
    GOLDCORP INC 5,145 3,426
    HOLCIM LTD UNSPON ADR 26,160 24,009
    HSBC HOLDINGS PLC SPONS ADR 26,185 23,332
    ICICI BANK LTD ADR 5,249 6,064
    KONINKLIJKE ROYAL KPN NV 28,911 23,979
    NIELSEN NV 19,405 19,368
    OTSUKA HOLDINGS LTD ADR 28,643 27,957
    SIGNET JEWELERS LTD 5,108 6,579
    SKY PLC SPN ADR 41,264 37,054
    SOCIETE GENERALE SPONS ADR 26,825 20,659
    SUNTORY BEVERAGE FOOD UADR 26,711 26,670
    TEVA PHARMACEUTICAL INDS 12,518 14,493
    UNIBAIL RODAMCO SE 38,115 38,588
    WILLIAM HILL PLC 29,430 25,517
    ABERDEEN FDS EMRGN MKT 150,000 135,897
    OUTFRONT MEDIA INC 12,020 11,004

    TY 2014 InvestmentsOtherSchedule2
    Name:
    MURIEL WHITESIDE CHARITABLE TR 14905500
    EIN: 41-6370669
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    WAYLAND LAND LLC AT COST 2,040 2,040
    DU NORD LAND LLC AT COST 417 417

    TY 2014 LegalFeesSchedule
    Name:
    MURIEL WHITESIDE CHARITABLE TR 14905500
    EIN: 41-6370669
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 80,144     80,144


    TY 2014 OtherAssetsSchedule
    Name:
    MURIEL WHITESIDE CHARITABLE TR 14905500
    EIN: 41-6370669
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    LAND & MINERAL RIGHTS 2,817,746 2,817,746 2,817,746
    ACCRUED INTEREST 4,240 15,275 15,275


    TY 2014 OtherDecreasesSchedule
    Name:
    MURIEL WHITESIDE CHARITABLE TR 14905500
    EIN: 41-6370669
    Description Amount
       


    TY 2014 OtherExpensesSchedule
    Name:
    MURIEL WHITESIDE CHARITABLE TR 14905500
    EIN: 41-6370669
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MN STATE FILING FEE 25 0   25
    ADR AGENT FEE 1,703 1,703   0
    ROYALTY EXPENSES 47,484 47,484   0
    DU NORD LAND EXPENSES 76 76   0
    WAYLAND LAND EXPENSES 638 638   0
    COMMITTEE MEETING EXPENSE 88 0   88


    TY 2014 OtherIncomeSchedule2
    Name:
    MURIEL WHITESIDE CHARITABLE TR 14905500
    EIN: 41-6370669
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROYALTY INCOME 1,957,266 1,957,266  
    ROYALTY LEASE BONUS 36,851 36,851  
    DU NORD LAND INCOME/LOSS 112 112  
    WAYLAND INCOME/LOSS 12,797 12,797  
    ROYALTY PAYMENT 1,630 1,630  


    TY 2014 OtherIncreasesSchedule
    Name:
    MURIEL WHITESIDE CHARITABLE TR 14905500
    EIN: 41-6370669
    Description Amount
       


    TY 2014 OtherLiabilitiesSchedule
    Name:
    MURIEL WHITESIDE CHARITABLE TR 14905500
    EIN: 41-6370669
    Description Beginning of Year - Book Value End of Year - Book Value
    RETURN OF CAPITAL ADJUSTMENTS 3,185 3,088
    2012 COST CORRECTION 425  


    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2014 OtherNotesLoansRcvblLongSch
    Name:
    MURIEL WHITESIDE CHARITABLE TR 14905500
    EIN: 41-6370669

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    AMERN PACER MNG             0 %        

    TY 2014 OtherProfessionalFeesSchedule
    Name:
    MURIEL WHITESIDE CHARITABLE TR 14905500
    EIN: 41-6370669
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER PROFESSIONAL FEES 58,106 58,106    


    TY 2014 TaxesSchedule
    Name:
    MURIEL WHITESIDE CHARITABLE TR 14905500
    EIN: 41-6370669
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 5,032 5,032   0
    FEDERAL TAX PAYMENT - PRIOR YE 30,000 0   0
    FOREIGN TAX - QUALIFIED DIVIDE 4,196 4,196   0
    FOREIGN TAXES - NONQUALIFIED 441 441   0
    REAL ESTATE TAX ON NON-RENTAL 114,665 114,665   0