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
THE GOODNIGHT EDUCATIONAL
FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)100 SAS CAMPUS DRIVE   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CARY, NC27513
A Employer identification number

56-6533546
B Telephone number (see instructions)

(919) 677-8000
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$122,862,982J 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 125,110 125,110  
4 Dividends and interest from securities...... 2,621,316 2,621,316  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,532,196
b Gross sales price for all assets on line 6a 19,241,123
7 Capital gain net income (from Part IV, line 2)... 2,532,196
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)....... Click to see attachment 96 96  
12 Total. Add lines 1 through 11........ 5,278,718 5,278,718  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
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 5,000 5,000    
c Other professional fees (attach schedule)....        
17 Interest............... 9      
18 Taxes (attach schedule) (see instructions)... Click to see attachment 249,335 249,335    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,623      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 255,967 254,335   0
25 Contributions, gifts, grants paid........ 5,702,000 5,702,000
26 Total expenses and disbursements. Add lines 24 and 25 5,957,967 254,335   5,702,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -679,249
b Net investment income (if negative, enter -0-) 5,024,383
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...............      
2 Savings and temporary cash investments.......... 56,018,742 46,739,355 46,739,355
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) 4,239 3,052 1,257
b Investments—corporate stock (attach schedule)........ 54,161,455 Click to see attachment62,563,787 69,372,099
c Investments—corporate bonds (attach schedule)........ 6,077,125 Click to see attachment6,077,125 6,750,271
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 116,261,561 115,383,319 122,862,982
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 attachment273,115 Click to see attachment74,122
23 Total liabilities (add lines 17 through 22).......... 273,115 74,122
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.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 115,988,446 115,309,197
30 Total net assets or fund balances (see instructions)...... 115,988,446 115,309,197
31 Total liabilities and net assets/fund balances (see instructions).. 116,261,561 115,383,319
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)............... 1 115,988,446
2 Enter amount from Part I, line 27a..................... 2 -679,249
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 115,309,197
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 115,309,197
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 CALL (AA) ALCOA INC DEC 26 14 - 10 P 2014-12-26 2014-11-11
b CALL (COP) CONOCOPHILLIPS MAY - 20 P 2014-04-08 2013-12-31
c CALL (F) FORD MTR CO DEL JUN 2 - 100 P 2014-06-20 2014-02-20
d CALL (LO) LORILLARD INC COM JA - 25 P 2014-01-17 2013-12-31
e CALL (T) AT&T INC MAR 22 14 3 - 50 P 2014-03-21 2014-01-06
ABBVIE INC COM USD0.01 - 2,000 SHARE P 2013-08-09 2014-01-10
ALCOA INC ISIN US0138171014 - 2,000 P 2012-01-12 2014-01-17
ALCOA INC ISIN US0138171014 - 700 P 2013-10-17 2014-03-21
ALTRIA GROUP INC - 6,400 SHARES P 2014-01-03 2014-05-07
APPLE INC - 700 SHARES P 2013-06-13 2014-12-01
AT&T - 2,000 SHARES P 2012-12-27 2014-07-07
CISCO SYS INC - 700 SHARES P 2013-09-30 2014-12-05
DIGITAL RLTY TR INC COM - 2,500 SHA P 2013-09-23 2014-09-10
EXXON MOBIL - 100 SHARES P 2013-03-06 2014-01-17
ISHARES TRUST CORE MSCI TOTAL - 400 P 2013-01-10 2014-08-08
LORILLARD INC COM - 200 SHARES P 2014-01-31 2014-05-27
PFIZER INC - 2,500 SHARES P 2013-01-02 2014-03-21
SANTANDER FINANCE PREFERRED SA - 4,0 P 2013-04-30 2014-09-29
WELLS FARGO & CO NEW - 1,000 SHARES P 2013-07-15 2014-01-17
CALL (AA) ALCOA INC FEB 22 14 - 7 U P 2014-02-06 2013-12-31
CALL (CTL) CENTURYLINK INC DEC - 20 P 2014-12-19 2014-11-25
CALL (F) FORD MTR CO DEL JUN 2 - 150 P 2014-06-20 2014-02-07
CALL (MAT) MATTEL INC APR 19 1 - 25 P 2014-04-17 2014-03-05
CALL (TGT) TARGET CORP APR 19 - 50 P 2014-04-17 2013-12-31
ABBVIE INC COM USD0.01 - 500 SHARES P 2013-09-26 2014-01-10
ALCOA INC ISIN US0138171014 - 3,000 P 2012-06-13 2014-01-17
ALCOA INC ISIN US0138171014 - 1,000 P 2013-10-17 2014-03-21
ALTRIA GROUP INC - 5,000 SHARES P 2014-01-17 2014-05-07
APPLE INC - 2,100 SHARES P 2013-06-19 2014-12-01
AT&T - 400 SHARES P 2013-03-28 2014-07-07
CISCO SYS INC - 800 SHARES P 2013-09-30 2014-12-05
DIGITAL RLTY TR INC COM - 3,500 SHA P 2013-09-23 2014-09-10
EXXON MOBIL - 400 SHARES P 2013-03-06 2014-01-17
KRAFT FOODS GROUP INC COM NPV - 1,5 P 2013-02-01 2014-03-21
LORILLARD INC COM - 2,300 SHARES P 2014-01-31 2014-05-27
PFIZER INC - 200 SHARES P 2013-03-21 2014-03-21
SANTANDER FINANCE PREFERRED SA - 9,0 P 2013-06-20 2014-09-29
WELLS FARGO & CO NEW - 6,000 SHARES P 2013-07-15 2014-01-17
CALL (AA) ALCOA INC FEB 22 14 - 4 U P 2014-02-06 2013-12-31
CALL (CVX) CHEVRON CORP NEW SE - 30 P 2014-09-19 2014-02-07
CALL (F) FORD MTR CO DEL MAR 2 - 100 P 2014-03-21 2013-12-31
CALL (MCD) MCDONALDS CORP APR - 25 P 2014-04-25 2014-03-12
CALL (TMO) THERMO FISHER MAR 2 - 25 P 2014-03-21 2014-02-26
ABBVIE INC COM USD0.01 - 3,500 SHAR P 2013-09-26 2014-01-10
ALCOA INC ISIN US0138171014 - 200 P 2013-01-02 2014-01-17
ALCOA INC ISIN US0138171014 - 8,600 P 2013-10-17 2014-03-21
ALTRIA GROUP INC - 5,000 SHARES P 2014-01-24 2014-05-07
APPLE INC - 4,900 SHARES P 2013-06-21 2014-12-01
AT&T - 3,700 SHARES P 2013-03-28 2014-07-07
CISCO SYS INC - 8,500 SHARES P 2013-09-30 2014-12-19
DIGITAL RLTY TR INC COM - 100 SHARE P 2014-01-31 2014-09-10
FORD MTR CO DEL COM - 1,700 SHARES P 2013-09-27 2014-04-04
KRAFT FOODS GROUP INC COM NPV - 3,5 P 2013-03-20 2014-03-21
MATTEL INC - 200 SHARES P 2013-06-21 2014-03-21
PFIZER INC - 300 SHARES P 2013-03-21 2014-03-21
UNITED PARCEL SVC INC CL B - 500 SHA P 2013-03-21 2014-03-21
WELLS FARGO & CO NEW - 500 SHARES P 2013-09-13 2014-01-17
CALL (AA) ALCOA INC FEB 22 14 - 3 U P 2014-02-06 2013-12-31
CALL (DE) DEERE & COMPANY JUN - 50 P 2014-06-20 2014-01-27
CALL (F) FORD MTR CO DEL SEP 2 - 100 P 2014-09-19 2014-02-07
CALL (MCD) MCDONALDS CORP JAN - 20 P 2014-01-17 2013-12-31
CALL (TMUS) T-MOBILE US INC CO - 25 P 2014-08-15 2014-06-19
ABBVIE INC COM USD0.01 - 1,400 SHAR P 2013-10-08 2014-01-10
ALCOA INC ISIN US0138171014 - 1,000 P 2013-01-02 2014-01-17
ALCOA INC ISIN US0138171014 - 100 P 2013-10-17 2014-03-21
ALTRIA GROUP INC - 100 SHARES P 2014-01-24 2014-05-07
APPLE INC 2,300 SHARES P 2013-09-13 2014-12-01
AT&T - 100 SHARES P 2013-03-28 2014-07-07
CLOROX COMPANY - 700 SHARES P 2013-04-29 2014-01-17
DIGITAL RLTY TR INC COM - 1,400 SHA P 2014-01-31 2014-09-10
FORD MTR CO DEL COM - 2,200 SHARES P 2013-09-27 2014-04-04
KRAFT FOODS GROUP INC COM NPV - 500 P 2013-03-20 2014-06-20
MATTEL INC - 348 SHARES P 2013-06-21 2014-03-21
ROCK-TENN - 200 SHARES P 2013-10-18 2014-11-21
UNITED PARCEL SVC INC CL B - 1,500 S P 2013-03-21 2014-03-21
CITIGROUP BOND ACTION SETTLEMENT P 2008-08-27 2014-09-12
CALL (AA) ALCOA INC FEB 22 14 - 186 P 2014-02-19 2013-12-31
CALL (DLR) DIGITAL RLTY TR INC - 15 P 2014-04-17 2013-12-31
CALL (F) FORD MTR CO DEL SEP 2 - 150 P 2014-09-19 2014-02-07
CALL (MCD) MCDONALDS CORP JUN - 25 P 2014-06-27 2014-05-13
CALL (TMUS) T-MOBILE US INC CO - 25 P 2014-07-18 2014-06-19
ABBVIE INC COM USD0.01 - 100 SHARES P 2013-10-08 2014-01-17
ALCOA INC ISIN US0138171014 - 2,70 P 2013-01-02 2014-01-17
ALCOA INC ISIN US0138171014 - 1,50 P 2013-10-17 2014-03-21
ALTRIA GROUP INC - 100 SHARES P 2014-01-24 2014-05-07
AT&T - 500 SHARES P 2012-04-05 2014-07-07
AT&T - 800 SHARES P 2013-03-28 2014-07-07
CLOROX COMPANY - 1,000 SHARES P 2013-04-29 2014-01-17
DISH NETWORK CORP CL A - 2,000 SHAR P 2014-06-19 2014-09-19
FORD MTR CO DEL COM - 1,100 SHARES P 2013-09-27 2014-04-04
KRAFT FOODS GROUP INC COM NPV - 2,5 P 2013-04-30 2014-06-20
MATTEL INC - 1,952 SHARES P 2013-06-21 2014-03-21
ROCK-TENN - 1,800 SHARES P 2013-10-18 2014-11-21
VANGUARD S&P 500 ETF - 300 SHAR P 2014-02-26 2014-12-15
CALL (AA) ALCOA INC JUN 21 14 - 100 P 2014-06-20 2014-02-03
CALL (DLR) DIGITAL RLTY TR INC - 10 P 2014-01-17 2013-12-31
CALL (FCX) FREEPORT MCMORAN FE - 10 P 2014-02-21 2013-12-31
CALL (MCD) MCDONALDS CORP MAR - 50 P 2014-03-21 2013-12-31
CALL (VZ) VERIZON MAR 22 14 4 - 13 P 2014-03-21 2014-02-05
ABBVIE INC COM USD0.01 - 3,000 SHARE P 2013-10-08 2014-05-16
ALCOA INC ISIN US0138171014 - 8,100 P 2013-01-02 2014-01-17
ALCOA INC ISIN US0138171014 - 37,90 P 2013-10-17 2014-03-21
ALTRIA GROUP INC 1,574 SHARES P 2014-01-24 2014-05-07
AT&T - 100 SHARES P 2012-04-05 2014-07-07
BANK OF AMERICA CORP - 10,000 P 2013-03-05 2014-01-17
CLOROX COMPANY - 2,500 SHARES P 2013-04-30 2014-01-17
DISH NETWORK CORP CL A - 2,000 SHA P 2014-06-19 2014-12-19
FEDERAL HOME LOAN MORTGAGE CRPPOOL P 2001-07-05  
KRAFT FOODS GROUP INC COM NPV - 400 P 2013-06-21 2014-07-08
MERCK & CO INC NEW COM - 100 SHARES P 2013-05-29 2014-03-12
ROCKWELL COLLINS INC - 2,000 SHARES P 2013-09-30 2014-11-12
VANGUARD S&P 500 ETF - 2,700 SHA P 2014-02-26 2014-12-15
CALL (AAPL) APPLE INC JAN 18 1 - 3 U P 2014-01-17 2013-12-31
CALL (DLR) DIGITAL RLTY TR INC - 60 P 2014-01-17 2013-12-31
CALL (FCX) FREEPORT MCMORAN FE - 15 P 2014-02-21 2013-12-31
CALL (MO) ALTRIA GROUP INC FEB - 50 P 2014-02-21 2014-01-17
CALL (VZ) VERIZON MAR 22 14 4 - 16 P 2014-03-21 2014-02-05
ABBVIE INC COM USD0.01 - 500 SHARES P 2013-10-08 2014-12-19
ALCOA INC ISIN US0138171014 - 10,0 P 2013-01-02 2014-01-17
ALCOA INC ISIN US0138171014 1,773 S P 2014-02-10 2014-03-21
ALTRIA GROUP INC - 3,228 SHARES P 2014-01-24 2014-05-07
AT&T - 100 SHARES P 2012-04-05 2014-07-07
CANADIAN IMPERIAL BANK OF COMM - 2,5 P 2012-12-21 2014-03-21
CLOROX COMPANY - 800 SHARES P 2013-08-09 2014-01-17
DUPONT EI DE NEMOURS & CO - 1,500 SH P 2013-04-30 2014-01-17
FREEPORT-MCMORAN CPPR & GLD B - 1,6 P 2013-01-14 2014-01-10
KRAFT FOODS GROUP INC COM NPV - 2,10 P 2013-06-21 2014-07-08
MERCK & CO INC NEW COM - 4,900 SHAR P 2013-05-29 2014-03-12
ROCKWELL COLLINS INC - 500 SHARES P 2014-03-03 2014-11-12
VANGUARD S&P 500 ETF - 2,000 SHA P 2014-03-03 2014-12-15
CALL (ABBV) ABBVIE INC COM FEB - 25 P 2014-02-21 2013-12-31
CALL (DUK) DUKE ENERGY CORP CO - 50 P 2014-01-17 2013-12-31
CALL (FDX) FEDEX CORP APR 19 1 - 10 P 2014-04-17 2013-12-31
CALL (MO) ALTRIA GROUP INC FEB - 50 P 2014-02-14 2014-01-17
CALL (VZ) VERIZON MAR 22 14 4 - 21 P 2014-03-21 2014-02-05
ABBVIE INC COM USD0.01 - 99 SHARES P 2013-10-21 2014-12-19
ALCOA INC ISIN US0138171014 - 100 S P 2014-02-10 2014-03-20
ALCOA INC ISIN US0138171014 - 5,227 P 2014-02-10 2014-03-21
ALTRIA GROUP INC - 100 SHARES P 2014-02-03 2014-05-07
AT&T - 900 SHARES P 2012-04-05 2014-07-07
CANADIAN IMPERIAL BANK OF COMM - 700 P 2012-12-21 2014-03-21
COLGATE PALMOLIVE - 2,000 SHARES P 2012-12-31 2014-03-21
DUPONT EI DE NEMOURS & CO - 2,500 S P 2013-06-20 2014-01-17
FREEPORT-MCMORAN CPPR & GLD B - 400 P 2013-01-14 2014-01-17
KRAFT FOODS GROUP INC COM NPV - 100 P 2013-09-04 2014-07-08
MERCK & CO INC NEW COM - 5,000 SHAR P 2013-05-29 2014-03-12
SANTANDER FINANCE PREFERRED SA - 1,9 P 2011-08-04 2014-09-29
VERIZON COMMUNICATIONS - 500 SHARES P 2012-11-21 2014-01-31
CALL (BA) BOEING CO MAR 22 14 - 10 P 2014-03-21 2014-02-06
CALL (DUK) DUKE ENERGY CORP CO - 45 P 2014-01-17 2013-12-31
CALL (GE) GENERAL ELECTRIC CO - 50 P 2014-06-19 2014-09-19
CALL (MRK) MERCK & CO INC NEW - 20 P 2014-04-25 2014-03-12
CALL (VZ) VERIZON OCT 18 14 5 - 50 P 2014-10-17 2014-08-08
ABBVIE INC COM USD0.01 - 1,200 SHARE P 2013-10-21 2014-12-19
ALCOA INC ISIN US0138171014 - 200 S P 2014-02-10 2014-03-20
ALCOA INC ISIN US0138171014 - 11,40 P 2014-02-10 2014-04-17
ALTRIA GROUP INC - 24,900 SHARES P 2014-02-03 2014-05-07
AT&T - 900 SHARES P 2012-04-05 2014-07-07
CANADIAN IMPERIAL BANK OF COMM - 300 P 2012-12-21 2014-03-21
CONOCOPHILLIPS - 400 SHARES P 2013-04-15 2014-04-25
DUPONT EI DE NEMOURS & CO - 1,000 SH P 2012-04-09 2014-04-17
FREEPORT-MCMORAN CPPR & GLD B - 500 P 2013-02-03 2014-01-17
KRAFT FOODS GROUP INC COM NPV - 100 P 2013-09-04 2014-07-08
MERCK & CO INC NEW COM - 100 SHARES P 2013-06-20 2014-03-12
SANTANDER FINANCE PREFERRED SA - 5,0 P 2011-12-20 2014-09-29
VERIZON COMMUNICATIONS - 2,000 SHAR P 2013-01-10 2014-01-31
CALL (BAC) BANK OF AMERICA FEB - 100 P 2014-02-21 2014-01-21
CALL (EMR) EMERSON ELECTRIC CO - 20 P 2014-03-21 2013-12-31
CALL (GILD) GILEAD SCIENCES JU - 30 P 2014-06-20 2014-05-01
CALL (MRK) MERCK & CO INC NEW - 20 P 2014-12-26 2014-11-11
CALL (WDAY) WORKDAY INC COM JU - 25 P 2014-06-20 2014-02-07
ABBVIE INC COM USD0.01 - 1,201 SHAR P 2013-10-21 2014-12-19
ALCOA INC ISIN US0138171014- 1,000 P 2014-02-10 2014-03-20
ALCOA INC ISIN US0138171014 - 18,60 P 2014-02-10 2014-04-17
AMERICAN ELEC PWR CO - 3,000 SHARES P 2013-11-08 2014-01-17
AT&T 2,500 SHARES P 2012-11-07 2014-07-07
CANADIAN IMPERIAL BANK OF COMM - 300 P 2013-03-19 2014-03-21
CONOCOPHILLIPS - 1,100 SHARES P 2013-04-15 2014-04-25
DUPONT EI DE NEMOURS & CO - 1,000 S P 2012-04-09 2014-04-17
FREEPORT-MCMORAN CPPR & GLD B 2,500 P 2013-02-12 2014-01-17
KRAFT FOODS GROUP INC COM NPV - 179 P 2013-09-04 2014-07-08
MERCK & CO INC NEW COM - 400 SHARES P 2013-06-20 2014-03-12
SANTANDER FINANCE PREFERRED SA - 94 P 2012-01-10 2014-09-29
WASTE MANAGEMENT INC - 800 SHARES P 2012-08-31 2014-06-03
CALL (CM) CANADIAN IMPERIAL DE - 20 P 2014-12-19 2014-10-21
CALL (ENDP) ENDO PHARMACEUTICA - 1 U P 2014-04-17 2014-02-10
CALL (GILD) GILEAD SCIENCES MA - 100 P 2014-03-14 2014-02-06
CALL (RKT) ROCK-TENN CO CL A A - 10 P 2014-04-17 2014-02-05
CALL (WDAY) WORKDAY INC COM JU - 25 P 2014-06-20 2014-02-07
ADOBE SYS INC - 1,500 SHARES P 2013-10-21 2014-03-21
ALCOA INC ISIN US0138171014 - 1,700 P 2014-02-10 2014-03-20
ALCOA INC ISIN US0138171014 - 4,77 P 2014-02-10 2014-06-20
AMERICAN ELEC PWR CO - 2,000 SHARES P 2013-11-08 2014-05-06
AT&T - 110 SHARES P 2012-11-21 2014-07-07
CANADIAN IMPERIAL BANK OF COMM 1,200 P 2013-03-19 2014-03-21
CONOCOPHILLIPS - 2,000 SHARES P 2013-04-15 2014-11-21
DUPONT EI DE NEMOURS & CO - 1,000 S P 2012-06-18 2014-04-17
FREEPORT-MCMORAN CPPR & GLD B - 200 P 2013-05-10 2014-05-16
KRAFT FOODS GROUP INC COM NPV - 1,62 P 2013-09-10 2014-07-08
PEPSICO - 600 SHARES P 2012-12-31 2014-04-17
SANTANDER FINANCE PREFERRED SA - 9,9 P 2012-01-10 2014-09-29
WASTE MANAGEMENT INC - 900 SHARES P 2012-08-31 2014-06-03
CALL (COL) ROCKWELL COLLINS IN - 10 P 2014-04-17 2014-03-03
CALL (ENDP) ENDO PHARMACEUTICA - 29 P 2014-04-17 2014-02-10
CALL (GIS) GENERAL MILLS INC J - 100 P 2014-01-17 2013-12-31
CALL (T) AT&T INC DEC 20 14 3 - 30 P 2014-12-19 2014-10-21
CALL (WDAY) WORKDAY INC COM MA - 25 P 2014-02-07 2013-12-31
ADOBE SYS INC - 100 SHARES P 2014-02-11 2014-03-21
ALCOA INC ISIN US0138171014 - 3,800 P 2013-01-10 2014-03-20
ALCOA INC ISIN US0138171014 - 5,227 P 2014-02-10 2014-06-20
AMGEN INC - 2,100 SHARES P 2013-01-16 2014-01-17
AT&T - 2,390 SHARES P 2012-11-21 2014-07-07
CATERPILLAR INC - 2,000 SHARES P 2013-03-21 2014-02-21
CONOCOPHILLIPS - 200 SHARES P 2013-04-15 2014-11-21
DUPONT EI DE NEMOURS & CO - 3,000 S P 2012-08-09 2014-04-17
FREEPORT-MCMORAN CPPR & GLD B - 800 P 2013-05-10 2014-05-16
KRAFT FOODS GROUP INC COM NPV - 100 P 2013-10-08 2014-07-08
PEPSICO - 1,000 SHARES P 2013-02-01 2014-04-17
SANTANDER FINANCE PREFERRED SA - 5,0 P 2012-03-14 2014-09-29
WASTE MANAGEMENT INC - 300 SHARES P 2012-08-31 2014-07-18
CALL (COL) ROCKWELL COLLINS IN - 10 P 2014-07-18 2014-03-03
CALL (EXC) EXELON CORP JAN 18 - 50 P 2014-01-17 2013-12-31
CALL (GIS) GENERAL MILLS INC J - 50 P 2014-01-17 2013-12-31
CALL (T) AT&T INC FEB 22 14 3 - 100 P 2014-02-21 2013-12-31
CALL (WDAY) WORKDAY INC COM MA - 25 P 2014-02-07 2013-12-31
ADOBE SYS INC - 100 SHARES P 2014-02-11 2014-03-21
ALCOA INC ISIN US0138171014 - 6,200 P 2013-01-10 2014-03-21
ALCOA INC ISIN US0138171014 - 10,00 P 2014-02-10 2014-09-19
AMGEN INC - 300 SHARES P 2013-10-21 2014-12-12
AT&T - 2,500 SHARES P 2012-12-05 2014-07-07
CHEVRON CORPORATION - 500 SHARES P 2012-04-12 2014-03-07
CONOCOPHILLIPS - 1,300 SHARES P 2013-06-20 2014-11-21
ENDOD PHARMACEUTICALS HOLDINGS - 3,0 P 2014-02-10 2014-03-03
FREEPORT-MCMORAN CPPR & GLD B - 3,00 P 2013-05-10 2014-05-16
KRAFT FOODS GROUP INC COM NPV - 200 P 2013-10-08 2014-07-08
PEPSICO - 1,400 SHARES P 2013-03-21 2014-04-17
SANTANDER FINANCE PREFERRED SA - 257 P 2012-05-14 2014-09-29
WASTE MANAGEMENT INC - 288 SHARES P 2014-02-05 2014-08-08
CALL (COP) CONOCOPHILLIPS FEB - 25 P 2014-02-21 2013-12-31
CALL (F) FORD MOTOR CO JAN 03 - 200 P 2014-01-03 2013-12-31
CALL (HTZ) HERTZ GLOBAL HLDGS - 50 P 2014-07-18 2014-06-19
CALL (T) AT&T INC JAN 18 14 3 - 50 P 2014-01-17 2013-12-31
CALL LO 50 EXP 2/22/14 - 25 UNITS P 2014-01-31 2014-02-03
ADOBE SYS INC - 300 SHARES P 2014-02-11 2014-03-21
ALCOA INC ISIN US0138171014 - 10,0 P 2013-08-02 2014-03-21
ALTRIA GROUP INC - 3,500 SHARES P 2013-11-07 2014-05-07
AMGEN INC - 4,700 SHARES P 2013-10-21 2014-12-12
AT&T - 400 SHARES P 2012-12-27 2014-07-07
CHEVRON CORPORATION - 1,500 SHARES P 2012-04-12 2014-03-07
CORNING INC - 5,000 SHARES P 2013-07-10 2014-02-21
EXXON MOBIL - 1,500 SHARES P 2013-01-10 2014-01-17
ISHARES TRUST CORE MSCI TOTAL - 1,00 P 2013-01-02 2014-08-08
KRAFT FOODS GROUP INC COM NPV - 200 P 2013-10-08 2014-07-08
PEPSICO - 2,600 SHARES P 2013-04-23 2014-04-17
SANTANDER FINANCE PREFERRED SA - 93 P 2012-05-15 2014-09-29
WELLS FARGO & CO NEW - 2,500 SHARES P 2013-04-30 2014-01-17
CALL (COP) CONOCOPHILLIPS MAR - 40 P 2014-03-21 2014-01-30
CALL (F) FORD MTR CO DEL JUN 2 - 100 P 2014-06-20 2014-02-07
CALL (JCI) JOHNSON CTLS INC FE - 30 P 2014-02-21 2014-01-17
CALL (T) AT&T INC JUL 19 14 3 - 200 P 2014-07-18 2013-12-31
ABBOTT LABORATORIES - 3,000 SHARES P 2013-01-26 2014-07-18
ALCOA INC ISIN US0138171014 - 3,000 P 2012-01-12 2014-01-17
ALCOA INC ISIN US0138171014 - 200 S P 2013-10-17 2014-03-21
ALTRIA GROUP INC - 100 SHARES P 2014-01-03 2014-05-07
APPLE INC - 100 SHARES P 2013-06-13 2014-01-17
AT&T - 2,600 SHARES P 2012-12-27 2014-07-07
CHEVRON CORPORATION 2,500 SHARES P 2013-09-26 2014-11-21
DIGITAL RLTY TR INC COM - 2,500 SHA P 2013-09-20 2014-09-10
EXXON MOBIL - 1,000 SHARES P 2013-01-10 2014-01-17
ISHARES TRUST CORE MSCI TOTAL - 1,1 P 2013-01-10 2014-08-08
LORILLARD INC COM - 2,500 SHARES P 2013-12-20 2014-03-21
PEPSICO - 2,400 SHARES P 2013-05-21 2014-04-17
SANTANDER FINANCE PREFERRED SA - 14, P 2012-05-15 2014-09-29
WELLS FARGO & CO NEW - 2,500 SHARES P 2013-04-30 2014-01-17
(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 2,437     2,437
b 3,488   156 3,332
c 1,936     1,936
d 2,385     2,385
e 1,542     1,542
97,083   89,082 8,001
20,414   19,222 1,192
7,808   6,012 1,796
256,506   242,091 14,415
78,797   43,191 35,606
70,846   66,940 3,906
17,150   16,443 707
143,230   137,827 5,403
9,593   8,945 648
22,980   20,961 2,019
10,678   9,823 855
78,476   64,530 13,946
100,850   111,799 -10,949
45,908   43,345 2,563
74   249 -175
1,184     1,184
3,507     3,507
1,231     1,231
4,790     4,790
24,271   22,501 1,770
30,621   25,655 4,966
11,154   8,589 2,565
200,396   184,904 15,492
236,391   128,129 108,262
14,169   14,675 -506
19,600   18,793 807
213,818   192,958 20,860
38,373   35,764 2,609
84,063   69,795 14,268
122,796   112,907 9,889
6,278   5,632 646
225,000   241,655 -16,655
275,447   260,045 15,402
42   142 -100
1,208     1,208
4,041     4,041
1,731     1,731
5,231     5,231
165,698   157,504 8,194
2,041   1,782 259
95,923   73,862 22,061
200,396   186,744 13,652
551,578   286,935 264,643
131,064   135,751 -4,687
208,272   199,665 8,607
6,109   5,035 1,074
26,846   28,929 -2,083
196,146   178,504 17,642
7,518   7,518  
9,417   8,442 975
48,214   41,354 6,860
22,954   21,141 1,813
32   111 -79
4,966     4,966
2,640     2,640
1,148     1,148
3,481     3,481
66,279   62,707 3,572
10,207   8,889 1,318
1,115   859 256
4,005   3,735 270
258,904   153,791 105,113
3,542   3,668 -126
62,819   60,782 2,037
85,527   70,420 15,107
34,742   37,481 -2,739
27,900   25,501 2,399
13,082   13,082  
11,108   10,744 364
144,641   124,069 20,572
1,407     1,407
1,963   16,669 -14,706
1,116     1,116
3,957     3,957
2,581     2,581
2,856     2,856
4,731   4,479 252
27,559   23,998 3,561
16,731   12,881 3,850
4,000   3,735 265
17,711   15,429 2,282
28,338   29,352 -1,014
89,742   86,863 2,879
135,476   119,622 15,854
17,371   18,721 -1,350
139,500   128,480 11,020
73,378   73,378  
99,969   96,660 3,309
55,060   50,984 4,076
2,636   5,264 -2,628
1,234     1,234
1,524     1,524
9,020     9,020
1,484     1,484
162,870   134,373 28,497
82,677   71,998 10,679
422,730   325,561 97,169
63,039   58,787 4,252
3,542   3,085 457
154,634   116,005 38,629
224,354   214,630 9,724
145,376   119,622 25,754
1,187   1,187  
21,937   21,281 656
5,087   4,692 395
161,178   136,022 25,156
495,544   458,870 36,674
2,365     2,365
18,164     18,164
1,701     1,701
3,392     3,392
1,830     1,830
29,470   22,396 7,074
102,071   88,890 13,181
19,776   19,482 294
129,202   120,491 8,711
3,542   3,086 456
203,851   207,675 -3,824
71,793   68,645 3,148
93,003   77,869 15,134
58,785   55,905 2,880
115,166   111,699 3,467
249,279   229,663 19,616
40,294   41,127 -833
367,070   338,545 28,525
1,660     1,660
8,720     8,720
4,994     4,994
2,816     2,816
2,402     2,402
5,835   4,775 1,060
1,115   1,141 -26
58,301   57,392 909
4,005   3,445 560
31,881   27,773 4,108
57,078   57,606 -528
127,217   103,970 23,247
155,005   123,703 31,302
14,696   13,976 720
5,484   5,255 229
249,211   234,350 14,861
49,150   53,969 -4,819
23,306   21,526 1,780
1,120     1,120
5,158     5,158
    3,784 -3,784
1,644     1,644
3,266     3,266
70,728   57,881 12,847
2,231   2,273 -42
141,147   125,172 15,975
997,248   856,809 140,439
31,881   27,774 4,107
24,462   24,688 -226
27,507   23,089 4,418
64,448   49,481 14,967
18,370   19,465 -1,095
5,484   5,249 235
4,984   4,684 300
125,000   129,200 -4,200
93,222   86,202 7,020
3,936     3,936
4,388     4,388
3,608     3,608
1,984     1,984
23,485     23,485
70,787   57,936 12,851
11,153   11,365 -212
226,614   204,228 22,386
141,131   137,643 3,488
88,557   84,455 4,102
24,462   24,104 358
75,643   63,492 12,151
66,113   49,481 16,632
93,734   97,326 -3,592
9,817   9,397 420
19,937   18,743 1,194
2,350   2,472 -122
35,095   27,631 7,464
2,584     2,584
536     536
8,436     8,436
1,640     1,640
22,981     22,981
100,497   79,680 20,817
18,960   19,320 -360
64,067   52,408 11,659
96,581   91,762 4,819
3,897   3,716 181
97,849   96,396 1,453
145,980   115,440 30,540
66,113   49,955 16,158
6,750   6,495 255
88,897   85,813 3,084
50,187   40,854 9,333
247,650   260,627 -12,977
39,481   31,086 8,395
990     990
15,352     15,352
9,191     9,191
1,358     1,358
10,985   22,269 -11,284
6,700   6,404 296
42,382   34,278 8,104
70,161   57,445 12,716
197,695   178,294 19,401
84,661   80,763 3,898
193,060   173,280 19,780
14,598   12,166 2,432
198,338   136,355 61,983
27,001   25,989 1,012
5,484   5,299 185
83,646   72,705 10,941
125,000   138,255 -13,255
13,156   10,362 2,794
890     890
820     820
2,570     2,570
4,541     4,541
9,010   18,519 -9,509
6,700   6,400 300
69,154   55,927 13,227
155,228   109,900 45,328
49,346   34,193 15,153
88,557   85,575 2,982
57,529   51,637 5,892
94,887   79,097 15,790
230,460   210,335 20,125
101,253   97,440 3,813
10,968   10,602 366
117,104   106,804 10,300
6,425   6,687 -262
12,845   11,915 930
3,860     3,860
2,496     2,496
5,466     5,466
6,470     6,470
1,835   2,490 -655
20,100   19,200 900
111,538   79,395 32,143
140,277   131,497 8,780
773,081   535,664 237,417
14,169   13,387 782
172,587   155,765 16,822
92,314   73,755 18,559
143,310   132,745 10,565
57,446   52,305 5,141
10,968   10,598 370
217,479   218,431 -952
2,325   2,412 -87
110,058   94,326 15,732
2,972     2,972
2,340     2,340
1,394     1,394
14,881     14,881
124,163   98,070 26,093
27,702   27,702  
2,231   1,718 513
4,008   3,787 221
51,010   43,191 7,819
92,099   87,021 5,078
291,545   307,654 -16,109
143,230   138,325 4,905
95,932   88,497 7,435
63,191   57,644 5,547
127,924   124,980 2,944
200,750   198,652 2,098
366,250   380,172 -13,922
114,770   94,326 20,444
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       2,437
b       3,332
c       1,936
d       2,385
e       1,542
      8,001
      1,192
      1,796
      14,415
      35,606
      3,906
      707
      5,403
      648
      2,019
      855
      13,946
      -10,949
      2,563
      -175
      1,184
      3,507
      1,231
      4,790
      1,770
      4,966
      2,565
      15,492
      108,262
      -506
      807
      20,860
      2,609
      14,268
      9,889
      646
      -16,655
      15,402
      -100
      1,208
      4,041
      1,731
      5,231
      8,194
      259
      22,061
      13,652
      264,643
      -4,687
      8,607
      1,074
      -2,083
      17,642
       
      975
      6,860
      1,813
      -79
      4,966
      2,640
      1,148
      3,481
      3,572
      1,318
      256
      270
      105,113
      -126
      2,037
      15,107
      -2,739
      2,399
       
      364
      20,572
      1,407
      -14,706
      1,116
      3,957
      2,581
      2,856
      252
      3,561
      3,850
      265
      2,282
      -1,014
      2,879
      15,854
      -1,350
      11,020
       
      3,309
      4,076
      -2,628
      1,234
      1,524
      9,020
      1,484
      28,497
      10,679
      97,169
      4,252
      457
      38,629
      9,724
      25,754
       
      656
      395
      25,156
      36,674
      2,365
      18,164
      1,701
      3,392
      1,830
      7,074
      13,181
      294
      8,711
      456
      -3,824
      3,148
      15,134
      2,880
      3,467
      19,616
      -833
      28,525
      1,660
      8,720
      4,994
      2,816
      2,402
      1,060
      -26
      909
      560
      4,108
      -528
      23,247
      31,302
      720
      229
      14,861
      -4,819
      1,780
      1,120
      5,158
      -3,784
      1,644
      3,266
      12,847
      -42
      15,975
      140,439
      4,107
      -226
      4,418
      14,967
      -1,095
      235
      300
      -4,200
      7,020
      3,936
      4,388
      3,608
      1,984
      23,485
      12,851
      -212
      22,386
      3,488
      4,102
      358
      12,151
      16,632
      -3,592
      420
      1,194
      -122
      7,464
      2,584
      536
      8,436
      1,640
      22,981
      20,817
      -360
      11,659
      4,819
      181
      1,453
      30,540
      16,158
      255
      3,084
      9,333
      -12,977
      8,395
      990
      15,352
      9,191
      1,358
      -11,284
      296
      8,104
      12,716
      19,401
      3,898
      19,780
      2,432
      61,983
      1,012
      185
      10,941
      -13,255
      2,794
      890
      820
      2,570
      4,541
      -9,509
      300
      13,227
      45,328
      15,153
      2,982
      5,892
      15,790
      20,125
      3,813
      366
      10,300
      -262
      930
      3,860
      2,496
      5,466
      6,470
      -655
      900
      32,143
      8,780
      237,417
      782
      16,822
      18,559
      10,565
      5,141
      370
      -952
      -87
      15,732
      2,972
      2,340
      1,394
      14,881
      26,093
       
      513
      221
      7,819
      5,078
      -16,109
      4,905
      7,435
      5,547
      2,944
      2,098
      -13,922
      20,444
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 2,532,196
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 1,256,825
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 2,396,000 116,484,401 0.020569
2012 667,000 48,740,986 0.013685
2011 455,000 13,693,595 0.033227
2010 395,000 10,475,808 0.037706
2009 397,677 7,059,519 0.056332
2 Total of line 1, column (d) ...................... 2 0.161519
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 0.032304
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 122,279,502
5 Multiply line 4 by line 3....................... 5 3,950,117
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 50,244
7 Add lines 5 and 6......................... 7 4,000,361
8 Enter qualifying distributions from Part XII, line 4.............. 8 5,702,000
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 50,244
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  
3 Add lines 1 and 2........................... 3 50,244
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 50,244
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 152,000
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.............. 7 152,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 12
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 10 101,744
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet51,000 RefundedBullet 11 50,744
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)
    bulletNC
    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 ofbulletDONALD PARKER Telephone no.bullet (919) 531-6803
    Located atbullet100 SAS CAMPUS DRIVECARYNC ZIP+4bullet27513
    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
     
     
    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
    JAMES H GOODNIGHT DIRECTOR
    0.10     		0 0 0
    100 SAS CAMPUS DRIVE
    CARY,NC27513
    ANN BAGGETT GOODNIGHT DIRECTOR
    0.10     		0 0 0
    100 SAS CAMPUS DRIVE
    CARY,NC27513
    LEAH A GOODNIGHT DIRECTOR
    0.10     		0 0 0
    100 SAS CAMPUS DRIVE
    CARY,NC27513
    SUSAN G ELLIS DIRECTOR
    0.10     		0 0 0
    100 SAS CAMPUS DRIVE
    CARY,NC27513
    DONALD R PARKER DIRECTOR
    0.10     		0 0 0
    100 SAS CAMPUS DRIVE
    CARY,NC27513
    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  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    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
    76,711,576
    b
    Average of monthly cash balances.......................
    1b
    47,430,050
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    124,141,626
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    124,141,626
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,862,124
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    122,279,502
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    6,113,975
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    6,113,975
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    50,244
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    50,244
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,063,731
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    6,063,731
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    6,063,731
    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
    5,702,000
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    5,702,000
    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
    50,244
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    5,651,756
    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 6,063,731
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 5,701,735
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 5,702,000
    a Applied to 2013, but not more than line 2a 5,701,735
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2014 distributable amount..... 265
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2014.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		6,063,466
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		 
    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).)
    JAMES H GOODNIGHT
    ANN B GOODNIGHT
    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
    BOYS CLUB OF WAKE COUNTY INC
    BOYS CLUB OF WAKE COUNTY INC
    701 N RALEIGH BLVD
    701 N RALEIGH BLVD
    RALEIGH,NC27610     		NONE 501(C)(3) UNRESTRICTED FUNDS 25,000
    CARY ACADEMY
    CARY ACADEMY
    1500 NORTH HARRISON AVE
    1500 NORTH HARRISON AVE
    CARY,NC27513     		NONE 501(C)(3) SPEAKERS FEE & CATERING 25,000
    COMMUNITIES IN SCHOOLS CHATHAM COUN
    COMMUNITIES IN SCHOOLS CHATHAM COUNTY
    208 NORTH CHATHAM AVE
    208 NORTH CHATHAM AVE
    SILER CITY,NC27344     		NONE 501(C)(3) UNRESTRICTED FUNDS 10,000
    COMMUNITIES IN SCHOOLS OF WAKE COUN
    COMMUNITIES IN SCHOOLS OF WAKE COUNTY
    871 HARP ST
    871 HARP ST
    RALEIGH,NC27604     		NONE 501(C)(3) UNRESTRICTED FUNDS 10,000
    CONTEMPORARY ART FOUNDATION
    CONTEMPORARY ART FOUNDATION
    409 W MARTIN ST
    409 W MARTIN STREET
    RALEIGH,NC27603     		NONE 501(C)(3) K-12 EDUCATION PROGRAMS 25,000
    DEVELOPMENT FOUNDATION FOR NCCAT
    DEVELOPMENT FOUNDATION FOR NCCAT
    276 NCCAT DRIVE
    276 NCCAT DRIVE
    CULLOWHEE,NC287239062     		NONE 501(C)(3) UNRESTRICTED FUNDS 10,000
    EDUCATION NC
    EDUCATION NC
    P O BOX 1636
    P O BOX 1636
    RALEIGH,NC27602     		NONE 501(C)(3) UNRESTRICTED FUNDS 10,000
    FOUNDATION FOR EXCELLENCE IN EDUC
    FOUNDATION FOR EXCELLENCE IN EDUC
    215 S MONROE ST STE 420
    215 S MONROE ST STE 420
    TALLAHASSEE,FL32302     		NONE 501(C)(3) UNRESTRICTED FUNDS 10,000
    GIRL SCOUTS - NC COASTAL PINES
    GIRL SCOUTS - COASTAL PINES
    6901 PINECREST ROAD
    6901 PINECREST ROAD
    RALEIGH,NC27613     		NONE 501(C)(3) STEM PROGRAMMING 10,000
    GLOBAL SCHOLARS ACADEMY
    GLOBAL SCHOLARS ACADEMY
    311 DOWD STREET
    311 DOWD STREET
    DURHAM,NC27701     		NONE 501(C)(3) UNRESTRICTED FUNDS 10,000
    LOUISBURG COLLEGE
    LOUISBURG COLLEGE
    501 N MAIN ST
    501 N MAIN ST
    LOUISBURG,NC27549     		NONE 501(C)(3) HODGES FINE ARTS COMPLEX 10,000
    MARBLES KIDS MUSEUM
    MARBLES KIDS MUSEUM
    201 E HARGETT ST
    201 E HARGETT ST
    RALEIGH,NC27601     		NONE 501(C)(3) UNRESTRICTED FUNDS 10,000
    MEDICAL FOUNDATION OF NC INC
    MEDICAL FOUNDATION OF NC INC
    CAMPUS BOX 7237
    CAMPUS BOX 7237
    CHAPEL HILL,NC275997237     		NONE 501(C)(3) CHILDREN'S EDUCATION SUPPORT 10,000
    MEREDITH COLLEGE
    MEREDITH COLLEGE
    3800 HILLSBOROUGH ST
    3800 HILLSBOROUGH ST
    RALEIGH,NC276075298     		NONE 501(C)(3) MINORITY TEACHING SCHOLARSHIP 35,000
    NC MUSEUM OF ART FOUNDATION
    NC MUSEUM OF ART FOUNDATION
    4630 MAIL SERVICE CENTER
    4630 MAIL SERVICE CENTER
    RALEIGH,NC27699     		NONE 501(C)(3) UNRESTRICTED FUNDS 50,000
    NC MUSEUM OF HISTORY FOUNDATION
    NC MUSEUM OF HISTORY FOUNDATION
    5 EAST EDENTON ST
    5 EAST EDENTON ST
    RALEIGH,NC27601     		NONE 501(C)(3) UNRESTRICTED FUNDS 15,000
    NC MUSEUM OF NATURAL SCIENCES
    NC MUSEUM OF NATURAL SCIENCES
    11 WEST JONES ST
    11 WEST JONES ST
    RALEIGH,NC27601     		NONE 501(C)(3) EDUCATORS OF EXCELLENCE FUND 15,000
    NCSU FOUNDATION INC
    NCSU FOUNDATION INC
    CAMPUS BOX 7001
    CAMPUS BOX 7001
    RALEIGH,NC276957474     		NONE 501(C)(3) CHANCELLOR'S DISCRETIONARY FUND 15,000
    NCSU FOUNDATION INC
    NCSU FOUNDATION INC
    CAMPUS BOX 7474
    CAMPUS BOX 7474
    RALEIGH,NC276957474     		NONE 501(C)(3) COLLEGE OF EDUCATION - DISCRETIONARY 10,000
    NCSU FOUNDATION INC
    NCSU FOUNDATION INC
    CAMPUS BOX 7474
    CAMPUS BOX 7474
    RALEIGH,NC276957474     		NONE 501(C)(3) COLLEGE OF EDUCATION - RIDGILL SCHOL 10,000
    NCSU FOUNDATION INC
    NCSU FOUNDATION INC
    CAMPUS BOX 7474
    CAMPUS BOX 7474
    RALEIGH,NC276957474     		NONE 501(C)(3) CHASS DEAN'S DISCRETIONARY FUND 10,000
    NCSU FOUNDATION INC
    NCSU FOUNDATION INC
    CAMPUS BOX 7474
    CAMPUS BOX 7474
    RALEIGH,NC276957474     		NONE 501(C)(3) FRIDAY INSTITUTE 25,000
    NCSU FOUNDATION INC
    NCSU FOUNDATION INC
    CAMPUS BOX 7474
    CAMPUS BOX 7474
    RALEIGH,NC276957474     		NONE 501(C)(3) PAMS DEAN'S DISCRETIONARY FUND 10,000
    NCSU FOUNDATION INC
    NCSU FOUNDATION INC
    CAMPUS BOX 7474
    CAMPUS BOX 7474
    RALEIGH,NC276957474     		NONE 501(C)(3) GENERAL H HUGH SHELTON INITIATIVE 10,000
    NCSU FOUNDATION INC
    NCSU FOUNDATION INC
    CAMPUS BOX 7474
    CAMPUS BOX 7474
    RALEIGH,NC276957474     		NONE 501(C)(3) KENAN FELLOWS 25,000
    NCSU FOUNDATION INC
    NCSU FOUNDATION INC
    CAMPUS BOX 7302
    CAMPUS BOX 7302
    RALEIGH,NC276957474     		NONE 501(C)(3) GOODNIGHT SCHOLARS 4,873,000
    NC PUBLIC RADIO - WUNC
    NC PUBLIC RADIO - WUNC
    120 FRIDAY CENTER DRIVE
    120 FRIDAY CENTER DRIVE
    CHAPEL HILL,NC27517     		NONE 501(C)(3) THE AMERICAN GRADUATE PROGRAM 20,000
    NC SOCIETY OF HISPANIC PROFESSIONAL
    NC SOCIETY OF HISPANIC PROFESSIONALS
    8450 CHAPEL HILL RD
    8450 CHAPEL HILL RD
    CARY,NC27513     		NONE 501(C)(3) SCHOLARSHIPS 5,000
    NORTH CAROLINA NEW SCHOOLS
    NORTH CAROLINA NEW SCHOOLS
    4600 MARRIOTT DR STE 510
    4600 MARRIOTT DR STE 510
    RALEIGH,NC27612     		NONE 501(C)(3) EARLY COLLEGE STRATEGIES FOR ALL 20,000
    PUBLIC SCHOOL FORUM OF NC
    PUBLIC SCHOOL FORUM OF NC
    3739 NATIONAL DR
    3739 NATIONAL DR STE 100
    RALEIGH,NC27612     		NONE 501(C)(3) UNRESTRICTED FUNDS 10,000
    RALEIGH SCHOOL INC
    RALEIGH SCHOOL INC
    1141 RALEIGH SCHOOL DRIVE
    1141 RALEIGH SCHOOL DRIVE
    RALEIGH,NC27607     		NONE 501(C)(3) UNRESTRICTED FUNDS 25,000
    READ AND FEED
    READ AND FEED
    P O BOX 5865
    P O BOX 5865
    CARY,NC275125865     		NONE 501(C)(3) UNRESTRICTED FUNDS 5,000
    SALVATION ARMY
    SALVATION ARMY
    1863 CAPITAL BLVD
    1863 CAPITAL BLVD
    RALEIGH,NC27604     		NONE 501(C)(3) AFTER SCHOOL TUTORING 5,000
    TAMMY LYNN MEMORIAL FOUNDATION
    TAMMY LYNN MEMORIAL FOUNDATION INC
    730 CHAPPELL DRIVE
    739 CHAPPELL DRIVE
    RALEIGH,NC27606     		NONE 501(C)(3) UNRESTRICTED FUNDS 5,000
    TEACH FOR AMERICA
    TEACH FOR AMERICA
    324 BLACKWELL STREET
    324 BLACKWELL STREET
    DURHAM,NC27701     		NONE 501(C)(3) EASTERN NC CHAPTER 35,000
    THE NAVIGATORS
    THE NAVIGATORS
    P O BOX 6000
    P O BOX 6000
    COLORADO SPRINGS,CO80934     		NONE 501(C)(3) URBAN HOPE NAVIGATORS 5,000
    THE NC CENTER FOR INT'L UNDERSTANDI
    THE NC CENTER FOR INT'L UNDERSTANDING COUNCIL
    68 TW ALEXANDER DRIVE
    68 TW ALEXANDER DRIVE
    RESEARCH TRIANGLE PARK,NC27709     		NONE 501(C)(3) UNRESTRICTED FUNDS 20,000
    TRIANGLE HIGH FIVE PARTNERSHIP
    TRIANGLE HIGH FIVE PARTNERSHIP
    750 S MERRITT MILL ROAD
    750 S MERRITT MILL ROAD
    CHAPEL HILL,NC27516     		NONE 501(C)(3) UNRESTRICTED FUNDS 35,000
    UNC CHARLOTTE
    UNC CHARLOTTE
    9201 UNIVERSITY CITY BLVD
    9201 UNIVERSITY CITY BLVD
    CHARLOTTE,NC282230001     		NONE 501(C)(3) PARTNERS IN LEARNING COLLABORATIVE 184,000
    UNIVERSITY OF NC AT CHAPEL HILL
    UNIVERSITY OF NC AT CHAPEL HILL
    P O BOX 309
    P O BOX 309
    CHAPEL HILL,NC275140309     		NONE 501(C)(3) CHANCELLOR'S DISCRETIONARY FUND 10,000
    WAKE EDUCATION PARTNERSHIP
    WAKE EDUCATION PARTNERSHIP
    706 HILLSBOROUGH STE A
    706 HILLSBOROUGH STE A
    RALEIGH,NC27603     		NONE 501(C)(3) UNRESTRICTED FUNDS 15,000
    YMCA OF THE TRIANGLE INC
    YMCA OF THE TRIANGLE INC
    801 CORP CENTER STE 200
    801 CORP CENTER STE 200
    RALEIGH,NC27607     		NONE 501(C)(3) CAMP SEA GULL/SEAFARER 25,000
    Total .................................bullet 3a 5,702,000
    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 ............     		    14 125,110  
    4 Dividends and interest from securities....     14 2,621,316  
    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.....     14 96  
    8
    Gain or (loss) from sales of assets other than inventory .............     		    14 2,532,196  
    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)..   5,278,718  
    13Total. Add line 12, columns (b), (d), and (e)..................
    135,278,718
    (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:
    THE GOODNIGHT EDUCATIONAL
    FOUNDATION
    EIN: 56-6533546
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE 5,000 5,000    

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    THE GOODNIGHT EDUCATIONAL
    FOUNDATION
    EIN: 56-6533546
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FIDELITY - Z85-467731 6,077,125 6,750,271

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    THE GOODNIGHT EDUCATIONAL
    FOUNDATION
    EIN: 56-6533546
    Name of Stock End of Year Book Value End of Year Fair Market Value
    FIDELITY - Z85-467731    
    FIDELITY - Z85-467731    
    FIDELITY - 663-134385 62,180,083 69,033,600
    FIDELITY - 663-134385 383,704 338,499

    TY 2014 OtherExpensesSchedule
    Name:
    THE GOODNIGHT EDUCATIONAL
    FOUNDATION
    EIN: 56-6533546
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    IRS PENALTY 1,623      


    TY 2014 OtherIncomeSchedule2
    Name:
    THE GOODNIGHT EDUCATIONAL
    FOUNDATION
    EIN: 56-6533546
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 96 96  


    TY 2014 OtherLiabilitiesSchedule
    Name:
    THE GOODNIGHT EDUCATIONAL
    FOUNDATION
    EIN: 56-6533546
    Description Beginning of Year - Book Value End of Year - Book Value
    OPTIONS OUTSTANDING 273,115 74,122


    TY 2014 TaxesSchedule
    Name:
    THE GOODNIGHT EDUCATIONAL
    FOUNDATION
    EIN: 56-6533546
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    2013 FEDERAL EXCISE TAX 81,154 81,154    
    2014 FEDERAL EXCISE TAX 152,000 152,000    
    FOREIGN INCOME TAX WITHHELD ON D 16,181 16,181