TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2014

Open to Public Inspection

For calendar year 2014, or tax year beginning 2014, and ending , 20

Name of foundation
THE WILLIAM G BAKER JR MEMORIAL FUND

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

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

A Employer identification number

52-6057178

B Telephone number (see instructions)

(412) 762-3792

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$225,324,518J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	475,605		476,841
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		1,965,847
b	Gross sales price for all assets on line 6a 10,326,049
7	Capital gain net income (from Part IV, line 2)...			1,965,847
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).......		2,220	2,055
12	Total. Add lines 1 through 11........	2,443,672		2,444,743
13	Compensation of officers, directors, trustees, etc.	91,265		82,138		9,126
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........		4,707	0	0	4,707
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		44,553	549		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		2,097	205		2,000
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	142,622		82,892	0	15,833
25	Contributions, gifts, grants paid........	1,082,433				1,082,433
26	Total expenses and disbursements. Add lines 24 and 25	1,225,055		82,892	0	1,098,266
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	1,218,617
b	Net investment income (if negative, enter -0-)			2,361,851
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2014)

Form 990-PF (2014)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	168,281	233,842	233,842
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)		3,074,478	3,086,294
	b	Investments—corporate stock (attach schedule)........		3,129,302	4,442,572
	c	Investments—corporate bonds (attach schedule)........		1,996,328	201,965,268
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............		2,961	3,954
	13	Investments—other (attach schedule)...........	20,033,258	12,775,005	15,592,588
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	20,201,539	21,211,916	225,324,518
	17	Accounts payable and accrued expenses..........
	18	Grants payable..................
	19	Deferred revenue..................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	20,179,647	21,154,939
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	21,892	56,977
	30	Total net assets or fund balances (see instructions)......	20,201,539	21,211,916
	31	Total liabilities and net assets/fund balances (see instructions)..	20,201,539	21,211,916

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	20,201,539
2	Enter amount from Part I, line 27a.....................	2	1,218,617
3	Other increases not included in line 2 (itemize)	3	1,533
4	Add lines 1, 2, and 3..........................	4	21,421,689
5	Decreases not included in line 2 (itemize)	5	209,773
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	21,211,916

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	1393. FORD MTR CO DEL COM PAR $0.01			2014-01-01
b	3007. FORD MTR CO DEL COM PAR $0.01			2014-01-01
c	160. CITIGROUP INC		2013-05-20	2014-01-06
d	120. FRANKLIN RES INC COM		2011-05-17	2014-01-06
e	40. GOLDMAN SACHS GROUP INC COM		2013-02-08	2014-01-06
	90. JOHNSON & JOHNSON COM		2012-11-30	2014-01-06
	120. METLIFE INC COM		2012-09-17	2014-01-06
	670. REGIONS FINANCIAL CORP		2013-05-31	2014-01-06
	30. UNION PAC CORP COM		2010-04-29	2014-01-06
	30. VISA INC CLASS A SHARES		2011-08-16	2014-01-06
	10000. USA TREASURY NOTES 02.625% DUE 11/15/2020		2013-09-04	2014-01-07
	285. L BRANDS INC			2014-01-09
	5000. WEATHERFORD INTL LTD CO GTD SEDOL B3V9761		2010-09-21	2014-01-09
	5000. GENERAL ELEC CAPT CORP SUBORD		2013-04-05	2014-01-10
	5000. GENERAL ELEC CAPT CORP SUBORD		2013-04-05	2014-01-13
	15000. LIFE TECHNOLOGIES CORP SR NOTES		2013-12-04	2014-01-13
	15000. CREDIT SUISSE SUB NOTES ISIN US22546 SEDOL B5PGKF2		2010-01-11	2014-01-15
	1280. CAPITAL ONE FINANCIAL CORP			2014-01-21
	15000. AMHEUSER-BUSCH INBEV WOR COM GTD		2013-08-08	2014-01-22
	10000. CORNING INC SR UNSEC		2013-06-17	2014-01-24
	5000. JPMORGAN CHASE & CO SUB NT		2011-01-12	2014-01-24
	2397. INTEL CORP		2009-07-09	2014-01-27
	300. PFIZER INC COM			2014-01-27
	930. YAHOO! INC COM			2014-01-27
	400. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4		2013-07-02	2014-01-27
	1185.37 WACHOVIA BANK COMMERICAL MTG TR SER 2007-C31 CLASS A2		2009-01-14	2014-02-01
	10000. CORNING INC SR UNSEC		2013-06-17	2014-02-04
	10000. INTL PAPER CO SR UNSEC		2011-05-05	2014-02-04
	10000. USA TREASURY NOTES 02.625% DUE 11/15/2020		2013-09-04	2014-02-04
	700. AETNA INC NEW			2014-02-06
	580. ALLSTATE CORP		2013-02-20	2014-02-06
	260. AMGEN INC		2013-12-13	2014-02-06
	120. APPLE INC			2014-02-06
	340. BOEING CO		2012-07-30	2014-02-06
	760. CVS CAREMARK CORP		2013-05-14	2014-02-06
	580. CHEVRON CORPORATION			2014-02-06
	410. CHUBB CORP COM		2010-11-01	2014-02-06
	2470. CISCO SYS INC COM			2014-02-06
	390. CITIGROUP INC		2013-05-20	2014-02-06
	2904. CITIGROUP INC			2014-02-06
	720. COCA COLA ENTERPRISES		2011-12-05	2014-02-06
	640. COMCAST CORPORATION CL A		2009-09-04	2014-02-06
	830. CONOCOPHILLIPS		2013-10-11	2014-02-06
	1640. DELTA AIR LINES INC			2014-02-06
	520. DISNEY WALT CO			2014-02-06
	1030. DISCOVER FINANCIAL W/I			2014-02-06
	510. EXTRA SPACE STORAGE INC		2013-10-11	2014-02-06
	1010. EXXON MOBIL CORP		2012-06-27	2014-02-06
	2020. FIFTH THIRD BANCORP			2014-02-06
	610. FRANKLIN RES INC COM		2011-05-17	2014-02-06
	3200. GENERAL ELEC CO COM			2014-02-06
	260. GOLDMAN SACHS GROUP INC COM		2013-02-08	2014-02-06
	50. GOLDMAN SACHS GROUP INC COM		2012-10-24	2014-02-06
	570. HALLIBURTON CO		2012-08-15	2014-02-06
	670. HELMERICH & PAYNE INC COM		2013-08-07	2014-02-06
	200. INTERCONTINENTAL EXCHANGE INC			2014-02-06
	1370. J P MORGAN CHASE & CO COM			2014-02-06
	450. J P MORGAN CHASE & CO COM		2013-05-31	2014-02-06
	790. JOHNSON & JOHNSON COM			2014-02-06
	1140. KKR & CO LP		2014-01-21	2014-02-06
	1160. LINCOLN NATIONAL CORP			2014-02-06
	870. MSCI INC			2014-02-06
	460. MAGNA INTERNATIONAL ISIN CA5592224011			2014-02-06
	430. MANPOWER GROUP INC			2014-02-06
	220. MCKESSON HBOC INC COMMN		2013-10-14	2014-02-06
	620. METHANEX CORP SEDOL 2654416		2013-11-11	2014-02-06
	980. METLIFE INC COM			2014-02-06
	660. NATIONAL FUEL GAS CO N J COM			2014-02-06
	460. OMNICARE INC		2012-12-13	2014-02-06
	310. OMNICARE INC		2013-07-31	2014-02-06
	150. PPG INDS INC COM		2013-11-08	2014-02-06
	190. PVH CORP		2012-10-16	2014-02-06
	1360. PFIZER INC COM		2010-05-20	2014-02-06
	730. PROCTER & GAMBLE CO			2014-02-06
	540. QUESTCOR PHARMACEUTICALS INC			2014-02-06
	5310. REGIONS FINANCIAL CORP			2014-02-06
	510. ROGERS COMMUNICATIONS INC CL B		2013-04-26	2014-02-06
	320. ST JUDE MEDICAL INC		2013-07-31	2014-02-06
	520. ST JUDE MEDICAL INC		2013-01-18	2014-02-06
	430. SANDISK CORP		2013-12-02	2014-02-06
	1310. SMITH A O CORP COMMON			2014-02-06
	630. TIME WARNER INC			2014-02-06
	170. UNION PAC CORP COM		2010-04-29	2014-02-06
	480. UNITED RENTALS INC COM		2013-01-10	2014-02-06
	230. UNITED TECHNOLOGIES CORP COM		2008-12-04	2014-02-06
	970. VALERO ENERGY CORP NEW COM		2013-12-03	2014-02-06
	13488. VANGUARD GROWTH ETF		2013-02-04	2014-02-06
	520. VERIZON COMMUNICATIONS COM		2013-04-26	2014-02-06
	150. VISA INC CLASS A SHARES		2011-08-16	2014-02-06
	180. WELLS FARGO & CO NEW COM		2014-01-21	2014-02-06
	2010. WELLS FARGO & CO NEW COM			2014-02-06
	490. WHITING PETROLEUM CORP		2013-04-15	2014-02-06
	1190. WISCONSIN ENERGY CORP			2014-02-06
	170. WYNDHAM WORLDWIDE CORP		2013-12-30	2014-02-06
	310. WYNDHAM WORLDWIDE CORP		2010-11-01	2014-02-06
	320. WYNN RESORTS LTD			2014-02-06
	710. YAHOO! INC COM		2013-07-02	2014-02-06
	180. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4		2013-07-02	2014-02-06
	480. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182		2014-01-27	2014-02-06
	10000. RABOBANK NEDERLAND UTREC ISIN US21686CAD20 SEDOL B5MKX70		2012-02-01	2014-02-07
	1030. MERCK & CO INC		2014-02-06	2014-02-07
	290. NORFOLK SOUTHN CORP COM		2014-02-06	2014-02-07
	1110. SUNTRUST BANKS INC COM		2014-02-06	2014-02-07
	10000. PHILIPS ELECTRONICS NV ISIN US500472AF27 SEDOL B7PDB65		2012-03-13	2014-02-19
	170. WYNN RESORTS LTD			2014-02-19
	58. PLUM CREEK TIMBER CO INC		2013-09-16	2014-02-20
	175. SAFEWAY INC NEW		2013-04-29	2014-02-20
	990. OMNICARE INC		2012-12-13	2014-02-21
	302. PLUM CREEK TIMBER CO INC		2013-09-16	2014-02-21
	20000. JOHNSON & JOHNSON SR UNSEC		2012-05-15	2014-02-25
	270. JOHNSON CONTROLS INC		2011-02-22	2014-02-25
	110. WYNDHAM WORLDWIDE CORP			2014-02-25
	5000. DOMINION RESOURCES INC SR UNSEC		2013-04-15	2014-02-26
	5000. INTL PAPER CO SR UNSEC		2011-05-05	2014-02-26
	60000. USA TREASURY NOTES 02.250% DUE 01/31/2015		2013-06-07	2014-02-27
	260. INTERCONTINENTAL EXCHANGE INC		2011-11-08	2014-02-28
	14.39 WACHOVIA BANK COMMERICAL MTG TR SER 2007-C31 CLASS A2		2009-01-14	2014-03-01
	15000. BAXTER INTERNATIONAL INC SR UNSECD		2013-04-17	2014-03-04
	300. DELTA AIR LINES INC		2013-07-02	2014-03-04
	590. GENERAL ELEC CO COM		2009-06-10	2014-03-04
	690. QUESTCOR PHARMACEUTICALS INC		2013-10-01	2014-03-04
	10000. MERCK & CO INC SR UNSEC		2013-04-17	2014-03-05
	15000. USA TREASURY NOTES 02.250% DUE 01/31/2015		2013-06-07	2014-03-05
	5000. DOMINION RESOURCES INC SR UNSEC		2013-04-15	2014-03-06
	10000. GLAXOSMITHKLINE CAPITAL ISIN US377373AD71 SEDOL B84G0G5		2012-05-03	2014-03-06
	5000. MERCK & CO INC SR UNSEC		2013-04-17	2014-03-06
	5000. PROLOGIS LP CALL 05/15/2023 @ 100.000 COGT		2013-08-08	2014-03-06
	15000. SANOFI-AVENTIS ISIN US80105NAG07 SEDOL B5NP244		2011-06-06	2014-03-06
	20000. USA TREASURY NOTES 01.625% DUE 08/15/2022		2012-08-20	2014-03-06
	200. PROCTER & GAMBLE CO		2010-02-05	2014-03-07
	400. ROGERS COMMUNICATIONS INC CL B		2013-04-26	2014-03-07
	250. ROGERS COMMUNICATIONS INC CL B		2013-04-26	2014-03-07
	5000. SAFEWAY INC SR UNSEC		2010-10-05	2014-03-07
	350. CORNING INC		2011-02-02	2014-03-11
	65. CORNING INC		2013-05-17	2014-03-11
	5000. CREDIT SUISSE SUB NOTES ISIN US22546 SEDOL B5PGKF2		2010-01-11	2014-03-11
	275. SAFEWAY INC NEW		2013-04-29	2014-03-11
	5000. THOMSON REUTERS CORP SEDOL ISIN US884903BQ79		2013-11-14	2014-03-11
	10000. SAFEWAY INC SR UNSEC		2010-12-03	2014-03-12
	240. PVH CORP		2012-10-16	2014-03-13
	140. PROCTER & GAMBLE CO			2014-03-13
	10000. USA TREASURY NOTES 01.625% DUE 08/15/2022		2013-02-20	2014-03-13
	15000. NEWS AMERICA INC EXCH 4/06/2015 SEE 90131HAR6		2013-08-19	2014-03-17
	30000. USA TREASURY NOTES 00.250% DUE 01/31/2015		2013-06-07	2014-03-17
	20000. AT & T INC SR UNSEC 2.950% DUE 5/15/2016		2011-04-26	2014-03-19
	5000. AT & T INC SR UNSEC 2.950% DUE 5/15/2016		2013-04-03	2014-03-19
	30. HELMERICH & PAYNE INC COM		2013-08-07	2014-03-19
	170. HELMERICH & PAYNE INC COM		2013-02-26	2014-03-19
	380. NORFOLK SOUTHN CORP COM		2014-02-06	2014-03-19
	50. PPG INDS INC COM		2013-11-08	2014-03-19
	20000. HEWLETT-PACKARD CO SENIOR NTS			2014-03-20
	150. PPG INDS INC COM		2013-11-08	2014-03-20
	15000. QUEST DIAGNOSTIC INC COMPANY GUARNT		2012-10-10	2014-03-24
	25. WACHOVIA CORP		2001-01-01	2014-03-24
	10000. BANK OF AMERICA CORP 05.625% DUE 07/01/2020		2012-10-11	2014-03-27
	520. CHUBB CORP COM		2010-11-01	2014-03-27
	876. MSCI INC			2014-03-27
	224. MSCI INC		2013-10-23	2014-03-27
	730. HALLIBURTON CO		2012-08-15	2014-04-01
	20000. GENERAL ELECTRIC CO SR UNSECD		2014-03-06	2014-04-02
	90. HELMERICH & PAYNE INC COM		2013-08-30	2014-04-02
	15000. PETROLEOS MEXICANOS COM GTD ISIN US71654QAW24		2014-01-15	2014-04-02
	155. TEVA PHARMA INDS ADR 1 ADR REPRESENTS 10 SHS			2014-04-02
	115. UNITED PARCEL SERVICE INC CL B		2011-02-22	2014-04-02
	5000. CONAGRA FOODS INC NTS		2013-02-13	2014-04-10
	25000. NORTHERN TRUST CORP SR UNSEC		2012-07-30	2014-04-10
	50000. USA TREASURY NOTE 01.500% DUE 08/31/2018		2013-04-01	2014-04-10
	15000. UNITEDHEALTH GROUP INC SR UNSECD		2012-10-17	2014-04-10
	390. GOLDMAN SACHS GROUP INC COM		2012-10-24	2014-04-11
	10000. USA TREASURY NOTES 01.625% DUE 08/15/2022		2013-02-20	2014-04-16
	15000. VERIZON COMMUNICATIONS SR UNSEC		2013-04-16	2014-04-16
	10000. WELLS FARGO COMPANY SR UNSEC			2014-04-16
	80. ENTERPRISE PRODS PARTNERS L P COM UNIT			2014-04-17
	135. WISCONSIN ENERGY CORP		2009-02-19	2014-04-17
	15000. AUTODESK INC UNSC		2013-01-09	2014-04-25
	5000. NEWMONT MINING CORP CO GTD CALL 12/15/21 @100		2013-04-29	2014-04-25
	880. FIFTH THIRD BANCORP			2014-04-29
	2570. FIFTH THIRD BANCORP		2012-08-07	2014-04-29
	25000. BANK OF NEW YORK MELLON SR UNSEC CALL 8/23/21 @100			2014-05-01
	13890.87 WACHOVIA BANK COMMERICAL MTG TR SER 2007-C31 CLASS A2		2009-01-14	2014-05-01
	125. HELMERICH & PAYNE INC COM		2013-08-30	2014-05-07
	5000. DIRECTV HOLDINGS/FING COM GTD CALL 11/15/20 @ 100		2010-08-10	2014-05-09
	10000. DIRECTV HLDG/FIN INC CO GUARNT		2014-03-17	2014-05-09
	10000. WEATHERFORD INTL LTD CO GTD SEDOL B3V9761		2010-09-21	2014-05-09
	25000. AMPHENOL CORP SR UNSEC		2009-10-29	2014-05-13
	15000. USA TREASURY NOTES 02.000% DUE 02/15/2022		2012-06-28	2014-05-13
	230. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4		2013-07-02	2014-05-14
	45000. JOHNSON & JOHNSON SR UNSEC			2014-05-15
	5000. DARDEN RESTAURANTS INC SR UNSECD CALL 08/01/22 @100		2012-10-03	2014-05-16
	5000. CITIGROUP INC BDS		2012-10-12	2014-05-20
	5000. CF INDUSTRIES INC COGT		2014-03-06	2014-05-22
	480. FIRST NIAGARA FINL GROUP INC NEW		2013-07-22	2014-05-23
	1250. FIRST NIAGARA FINL GROUP INC NEW		2011-02-22	2014-05-23
	255. WALGREEN CO COM		2012-06-27	2014-05-23
	440. CHEVRON CORPORATION			2014-05-27
	55000. USA TREASURY NOTES 02.000% DUE 02/15/2022		2012-05-10	2014-06-02
	85000. USA TREASURY NOTES 01.625% DUE 08/15/2022			2014-06-02
	780. METHANEX CORP SEDOL 2654416			2014-06-04
	80. AT&T INC		2008-12-04	2014-06-11
	120. AETNA INC NEW		2013-05-14	2014-06-11
	130. ALLSTATE CORP		2014-04-11	2014-06-11
	35. AMGEN INC		2013-12-23	2014-06-11
	60. AMGEN INC		2014-03-04	2014-06-11
	75. APPLE INC			2014-06-11
	150. APPLE INC		2013-09-24	2014-06-11
	110. BB&T CORP		2013-07-29	2014-06-11
	15. BB&T CORP		2013-01-28	2014-06-11
	45. BAXTER INTERNATIONAL INC		2013-08-01	2014-06-11
	65. BLACKSTONE GROUP LP THE		2014-04-02	2014-06-11
	20. BOEING CO		2012-07-26	2014-06-11
	60. BOEING CO		2012-07-30	2014-06-11
	130. CVS CAREMARK CORP		2013-05-14	2014-06-11
	80. CA INC		2012-03-28	2014-06-11
	55. CAPITAL ONE FINANCIAL CORP		2013-07-22	2014-06-11
	70. CHEVRON CORPORATION			2014-06-11
	40. CHEVRON CORPORATION		2009-03-05	2014-06-11
	45. CHUBB CORP COM		2012-05-14	2014-06-11
	490. CISCO SYS INC COM		2014-04-11	2014-06-11
	150. COCA COLA ENTERPRISES		2014-03-27	2014-06-11
	110. COMCAST CORPORATION CL A		2009-09-04	2014-06-11
	90. CONOCOPHILLIPS			2014-06-11
	160. CONOCOPHILLIPS		2014-05-27	2014-06-11
	590. CORNING INC			2014-06-11
	180. CORNING INC		2012-06-27	2014-06-11
	230. DELTA AIR LINES INC		2013-07-02	2014-06-11
	90. DISNEY WALT CO		2012-06-04	2014-06-11
	80. DISCOVER FINANCIAL W/I		2011-07-07	2014-06-11
	170. DISCOVER FINANCIAL W/I		2011-03-25	2014-06-11
	35. DU PONT E I DE NEMOURS & CO		2010-08-14	2014-06-11
	70. EASTMAN CHEM CO		2014-06-04	2014-06-11
	20. ENTERPRISE PRODS PARTNERS L P COM UNIT		2010-09-29	2014-06-11
	90. EXTRA SPACE STORAGE INC		2013-10-11	2014-06-11
	10. EXXON MOBIL CORP		2012-06-26	2014-06-11
	60. EXXON MOBIL CORP		2014-01-09	2014-06-11
	170. EXXON MOBIL CORP		2012-06-27	2014-06-11
	240. FIDELITY NATIONAL FINANCIAL INC EXCH 6/30/2014 SEE 31620R303 &		2012-12-17	2014-06-11
	65. FIDELITY NATIONAL FINANCIAL INC EXCH 6/30/2014 SEE 31620R303 &		2012-12-17	2014-06-11
	85. FOOT LOCKER INC		2013-10-29	2014-06-11
	110. FOOT LOCKER INC		2014-03-13	2014-06-11
	140. FORD MTR CO DEL COM PAR $0.01		2013-01-11	2014-06-11
	100. FRANKLIN RES INC COM		2011-05-17	2014-06-11
	25. GENERAL DYNAMICS CORP		2013-08-02	2014-06-11
	425. GENERAL ELEC CO COM			2014-06-11
	460. GENERAL ELEC CO COM		2009-06-10	2014-06-11
	70. GLAXO WELLCOME PLC SPONSORED ADR		2013-05-20	2014-06-11
	70. HANESBRANDS INC - W/I		2014-02-19	2014-06-11
	90. HELMERICH & PAYNE INC COM		2013-02-26	2014-06-11
	30. HOME DEPOT INC COM		2011-02-22	2014-06-11
	80. INTEL CORP		2010-02-05	2014-06-11
	50. INTERNATIONAL PAPER CO COM		2012-01-12	2014-06-11
	180. J P MORGAN CHASE & CO COM			2014-06-11
	310. J P MORGAN CHASE & CO COM		2009-03-24	2014-06-11
	45. JOHNSON & JOHNSON COM		2014-02-20	2014-06-11
	30. JOHNSON & JOHNSON COM		2011-08-30	2014-06-11
	120. JOHNSON & JOHNSON COM		2014-05-14	2014-06-11
	190. KKR & CO LP		2014-01-21	2014-06-11
	15. KIMBERLY-CLARK CORP COM		2011-02-22	2014-06-11
	20. L-3 COMMUNICATIONS HLDGS INC COM		2014-04-02	2014-06-11
	60. L-3 COMMUNICATIONS HLDGS INC COM		2014-03-20	2014-06-11
	150. LEVEL 3 COMMUNICATIONS INC		2014-05-14	2014-06-11
	60. LILLY ELI & CO		2013-08-13	2014-06-11
	20. LINCOLN NATIONAL CORP		2013-04-15	2014-06-11
	200. LINCOLN NATIONAL CORP		2014-03-27	2014-06-11
	25. M&T BK CORP			2014-06-11
	80. MAGNA INTERNATIONAL ISIN CA5592224011		2013-06-14	2014-06-11
	90. MANPOWER GROUP INC		2014-05-14	2014-06-11
	20. MARATHON PETROLEUM CORP		2012-05-22	2014-06-11
	30. MCDONALDS CORP COM		2013-04-04	2014-06-11
	40. MCKESSON HBOC INC COMMN		2013-10-14	2014-06-11
	160. MERCK & CO INC		2014-01-27	2014-06-11
	170. MERCK & CO INC			2014-06-11
	65. METLIFE INC COM		2011-02-22	2014-06-11
	160. METLIFE INC COM		2012-08-23	2014-06-11
	55. NATIONAL FUEL GAS CO N J COM		2013-05-09	2014-06-11
	110. NATIONAL FUEL GAS CO N J COM		2013-05-09	2014-06-11
	25. NEXTERA ENERGY INC		2011-02-22	2014-06-11
	50. OCCIDENTAL PETE CORP COM		2013-03-05	2014-06-11
	100. PACKAGING CORP OF AMERICA COM		2014-03-21	2014-06-11
	30. PEPSICO INC COM		2011-02-22	2014-06-11
	190. PFIZER INC COM		2005-12-12	2014-06-11
	220. PFIZER INC COM		2010-05-20	2014-06-11
	45. PHILIP MORRIS INTERNAT-W/I		2014-05-23	2014-06-11
	75. PINNACLE WEST CAPITAL CORP		2014-04-17	2014-06-11
	40. PROCTER & GAMBLE CO		2013-10-29	2014-06-11
	55. PROCTER & GAMBLE CO		2013-02-14	2014-06-11
	80. PROCTER & GAMBLE CO		2009-11-06	2014-06-11
	25. QUALCOMM		2011-02-22	2014-06-11
	160. QUANTA SVCS INC		2014-03-04	2014-06-11
	890. REGIONS FINANCIAL CORP		2013-04-26	2014-06-11
	100. ROGERS COMMUNICATIONS INC CL B		2013-10-29	2014-06-11
	140. ST JUDE MEDICAL INC		2013-01-18	2014-06-11
	70. SANDISK CORP		2013-12-02	2014-06-11
	70. SCHLUMBERGER LTD COM		2014-04-01	2014-06-11
	130. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2		2014-05-27	2014-06-11
	260. SUNTRUST BANKS INC COM		2014-03-27	2014-06-11
	140. SYMANTEC CORP COM		2014-03-11	2014-06-11
	45. TEVA PHARMA INDS ADR 1 ADR REPRESENTS 10 SHS			2014-06-11
	110. TIME WARNER INC		2013-12-18	2014-06-11
	100. THE TRAVELERS COS INC		2014-04-29	2014-06-11
	110. US BANCORP DEL COM NEW			2014-06-11
	50. UNION PAC CORP COM		2010-04-29	2014-06-11
	80. UNITED RENTALS INC COM		2013-01-10	2014-06-11
	25. UNITED TECHNOLOGIES CORP COM		2013-04-04	2014-06-11
	40. UNITED TECHNOLOGIES CORP COM		2008-12-04	2014-06-11
	160. VALERO ENERGY CORP NEW COM		2013-12-03	2014-06-11
	55. VENTAS INC		2013-08-22	2014-06-11
	40. VERIZON COMMUNICATIONS COM		2011-02-22	2014-06-11
	90. VERIZON COMMUNICATIONS COM		2013-04-26	2014-06-11
	20. VISA INC CLASS A SHARES		2011-08-16	2014-06-11
	160. WELLS FARGO & CO NEW COM			2014-06-11
	220. WELLS FARGO & CO NEW COM		2014-03-27	2014-06-11
	180. WELLS FARGO & CO NEW COM		2009-04-22	2014-06-11
	80. WHITING PETROLEUM CORP		2013-04-15	2014-06-11
	25. WISCONSIN ENERGY CORP		2009-02-19	2014-06-11
	200. WISCONSIN ENERGY CORP		2009-03-18	2014-06-11
	25. WYNDHAM WORLDWIDE CORP		2011-10-28	2014-06-11
	80. WYNDHAM WORLDWIDE CORP		2010-11-01	2014-06-11
	30. WYNN RESORTS LTD		2013-05-31	2014-06-11
	120. YAHOO! INC COM		2013-07-02	2014-06-11
	80. ZIMMER HOLDINGS INC		2014-02-21	2014-06-11
	30. EATON CORP PLC SEDOL B8KQN82		2012-12-03	2014-06-11
	75. ENSCO PLC CLASS A SEDOL B4VLR19		2012-11-02	2014-06-11
	85. INVESCO LTD ISIN BMG491BT1088 SEDOL B28XP76		2014-01-09	2014-06-11
	40. ACE LIMITED ISIN CH0044328745 SEDOL B3BQMF6		2014-05-23	2014-06-11
	90. ACE LIMITED ISIN CH0044328745 SEDOL B3BQMF6		2014-02-28	2014-06-11
	65. GARMIN LTD ISIN CH0114405324 SEDOL B3Z5T14		2014-02-26	2014-06-11
	120. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182		2014-03-27	2014-06-11
	40. LYONDELLBASELL INDUSTRIES N.V. ISIN NL0009434992 SEDOL B3SPXZ3		2013-05-06	2014-06-11
	250. CISCO SYS INC COM		2014-06-11	2014-06-12
	60. HCP INC REIT		2014-06-11	2014-06-12
	100. TIME INC-W/I		2013-12-18	2014-06-16
	5000. CF INDUSTRIES INC COGT		2014-03-06	2014-06-17
	10000. ADVANCE AUTO PARTS INC CO GUARNT		2014-01-07	2014-06-18
	1080. METLIFE INC COM		2012-08-23	2014-06-20
	790. YAHOO! INC COM		2013-07-02	2014-06-23
	10000. DARDEN RESTAURANTS INC SR UNSECD CALL 08/01/22 @100		2012-10-03	2014-06-24
	10000. GENERAL ELEC CAP CORP SR UNSEC		2010-01-05	2014-06-24
	5000. EQT CORP NTS		2010-04-22	2014-06-25
	15000. KRAFT FOODS INC SR UNSEC		2012-07-30	2014-06-25
	10000. NEWMONT MINING CORP CO GTD CALL 12/15/21 @100			2014-06-25
	15000. VERIZON COMMUNICATIONS SR UNSEC		2013-04-03	2014-06-25
	10000. BANK OF NOVA SCOTIA CALL 11/18/2017 @ 100.000 UNSC		2012-12-11	2014-06-26
	5000. EQT CORP NTS		2010-04-22	2014-06-26
	5000. EQT CORP NTS		2010-04-22	2014-06-26
	5000. USA TREASURY NOTES 03.000% DUE 09/30/2016		2012-02-23	2014-06-26
	5000. USA TREASURY NOTE 01.500% DUE 08/31/2018		2013-04-01	2014-06-26
	60000. USA TREASURY NOTES 02.250% DUE 01/31/2015		2013-06-07	2014-06-27
	5000. USA TREASURY NOTES 01.625% DUE 08/15/2022		2014-06-25	2014-06-30
	205. APPLE INC			2014-07-02
	10000. CONAGRA FOODS INC NTS		2013-02-13	2014-07-02
	100. MARATHON PETROLEUM CORP		2012-05-22	2014-07-02
	5000. USA TREASURY NOTES 02.000% DUE 02/15/2022		2014-02-19	2014-07-02
	10000. USA TREASURY NOTES 02.000% DUE 02/15/2022		2012-05-10	2014-07-02
	25. AT&T INC		2008-12-04	2014-07-07
	60. AETNA INC NEW		2013-05-14	2014-07-07
	70. ALLSTATE CORP		2014-04-11	2014-07-07
	50. AMERICAN WATER WORKS CO INC		2014-06-24	2014-07-07
	40. AMERIPRISE FINANCIAL INC		2014-06-20	2014-07-07
	10. AMGEN INC		2013-12-23	2014-07-07
	30. AMGEN INC		2014-03-04	2014-07-07
	10. APPLE INC		2013-07-10	2014-07-07
	80. APPLE INC		2013-09-24	2014-07-07
	40. BB&T CORP		2013-01-28	2014-07-07
	15. BAXTER INTERNATIONAL INC		2013-08-01	2014-07-07
	20. BLACKSTONE GROUP LP THE		2014-04-02	2014-07-07
	5. BOEING CO		2012-07-26	2014-07-07
	30. BOEING CO		2012-07-30	2014-07-07
	70. CVS CAREMARK CORP		2013-05-14	2014-07-07
	35. CA INC		2014-07-02	2014-07-07
	15. CAPITAL ONE FINANCIAL CORP		2013-07-22	2014-07-07
	20. CHEVRON CORPORATION		2008-12-04	2014-07-07
	20. CHEVRON CORPORATION		2009-03-05	2014-07-07
	15. CHUBB CORP COM		2012-02-24	2014-07-07
	85. CISCO SYS INC COM			2014-07-07
	190. CISCO SYS INC COM		2011-09-13	2014-07-07
	70. CISCO SYS INC COM		2014-04-11	2014-07-07
	20. COCA COLA ENTERPRISES		2011-12-05	2014-07-07
	60. COCA COLA ENTERPRISES		2014-03-27	2014-07-07
	60. COMCAST CORPORATION CL A		2009-09-04	2014-07-07
	30. CONOCOPHILLIPS		2013-08-13	2014-07-07
	90. CONOCOPHILLIPS			2014-07-07
	120. DELTA AIR LINES INC		2013-07-02	2014-07-07
	50. DISNEY WALT CO		2012-06-04	2014-07-07
	25. DISCOVER FINANCIAL W/I		2011-07-07	2014-07-07
	90. DISCOVER FINANCIAL W/I		2011-03-25	2014-07-07
	10. DU PONT E I DE NEMOURS & CO		2010-08-14	2014-07-07
	30. EASTMAN CHEM CO		2014-06-04	2014-07-07
	5. ENTERPRISE PRODS PARTNERS L P COM UNIT		2010-09-29	2014-07-07
	50. EXTRA SPACE STORAGE INC		2013-10-11	2014-07-07
	20. EXXON MOBIL CORP		2012-06-26	2014-07-07
	90. EXXON MOBIL CORP		2012-06-27	2014-07-07
	25. FOOT LOCKER INC		2013-10-29	2014-07-07
	60. FOOT LOCKER INC		2014-03-13	2014-07-07
	40. FORD MTR CO DEL COM PAR $0.01		2013-01-11	2014-07-07
	50. FRANKLIN RES INC COM		2011-05-17	2014-07-07
	10. GENERAL DYNAMICS CORP		2013-08-02	2014-07-07
	140. GENERAL ELEC CO COM		2014-07-02	2014-07-07
	240. GENERAL ELEC CO COM		2009-06-10	2014-07-07
	20. GLAXO WELLCOME PLC SPONSORED ADR		2013-05-20	2014-07-07
	20. HCP INC REIT		2014-06-11	2014-07-07
	40. HANESBRANDS INC - W/I		2014-02-19	2014-07-07
	40. HELMERICH & PAYNE INC COM		2013-02-26	2014-07-07
	10. HOME DEPOT INC COM		2011-02-22	2014-07-07
	25. INTEL CORP		2010-02-05	2014-07-07
	15. INTERNATIONAL PAPER CO COM		2012-01-12	2014-07-07
	55. J P MORGAN CHASE & CO COM			2014-07-07
	160. J P MORGAN CHASE & CO COM			2014-07-07
	15. JOHNSON & JOHNSON COM		2014-02-20	2014-07-07
	80. JOHNSON & JOHNSON COM		2011-08-30	2014-07-07
	100. KKR & CO LP			2014-07-07
	5. KIMBERLY-CLARK CORP COM		2011-02-22	2014-07-07
	5. L-3 COMMUNICATIONS HLDGS INC COM		2014-04-02	2014-07-07
	30. L-3 COMMUNICATIONS HLDGS INC COM		2014-03-20	2014-07-07
	80. LEVEL 3 COMMUNICATIONS INC			2014-07-07
	20. LILLY ELI & CO		2013-08-13	2014-07-07
	120. LINCOLN NATIONAL CORP		2013-04-15	2014-07-07
	5. M&T BK CORP		2011-03-15	2014-07-07
	40. MAGNA INTERNATIONAL ISIN CA5592224011		2013-06-14	2014-07-07
	40. MANPOWER GROUP INC			2014-07-07
	10. MCDONALDS CORP COM		2013-04-04	2014-07-07
	20. MCKESSON HBOC INC COMMN		2013-10-14	2014-07-07
	40. MERCK & CO INC		2010-04-23	2014-07-07
	5. MERCK & CO INC		2014-01-27	2014-07-07
	90. MERCK & CO INC		2014-01-27	2014-07-07
	20. METLIFE INC COM			2014-07-07
	15. NATIONAL FUEL GAS CO N J COM		2013-05-09	2014-07-07
	60. NATIONAL FUEL GAS CO N J COM		2013-05-09	2014-07-07
	5. NEXTERA ENERGY INC		2011-02-22	2014-07-07
	15. OCCIDENTAL PETE CORP COM		2013-03-05	2014-07-07
	50. PACKAGING CORP OF AMERICA COM		2014-03-21	2014-07-07
	10. PEPSICO INC COM		2011-02-22	2014-07-07
	65. PFIZER INC COM		2014-07-02	2014-07-07
	120. PFIZER INC COM			2014-07-07
	15. PHILIP MORRIS INTERNAT-W/I		2014-05-23	2014-07-07
	20. PINNACLE WEST CAPITAL CORP		2014-04-17	2014-07-07
	30. PROCTER & GAMBLE CO		2013-02-14	2014-07-07
	40. PROCTER & GAMBLE CO		2009-11-06	2014-07-07
	5. QUALCOMM		2011-02-22	2014-07-07
	90. QUANTA SVCS INC		2014-03-04	2014-07-07
	460. REGIONS FINANCIAL CORP		2013-04-26	2014-07-07
	30. ROGERS COMMUNICATIONS INC CL B			2014-07-07
	2707.826 ROWE T PRICE VALUE FD INC COM		2014-02-11	2014-07-07
	70. ST JUDE MEDICAL INC		2013-01-18	2014-07-07
	40. SANDISK CORP		2013-12-02	2014-07-07
	40. SCHLUMBERGER LTD COM		2014-04-01	2014-07-07
	70. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2		2014-05-27	2014-07-07
	140. SUNTRUST BANKS INC COM			2014-07-07
	40. SYMANTEC CORP COM		2014-03-11	2014-07-07
	15. TEVA PHARMA INDS ADR 1 ADR REPRESENTS 10 SHS		2011-08-23	2014-07-07
	60. TIME WARNER INC			2014-07-07
	50. THE TRAVELERS COS INC		2014-04-29	2014-07-07
	35. US BANCORP DEL COM NEW		2011-02-22	2014-07-07
	30. UNION PAC CORP COM		2010-04-29	2014-07-07
	40. UNITED RENTALS INC COM		2013-01-10	2014-07-07
	5. UNITED TECHNOLOGIES CORP COM		2013-04-04	2014-07-07
	20. UNITED TECHNOLOGIES CORP COM		2008-12-04	2014-07-07
	90. VALERO ENERGY CORP NEW COM		2013-12-03	2014-07-07
	15. VENTAS INC		2013-08-22	2014-07-07
	10. VERIZON COMMUNICATIONS COM		2011-02-22	2014-07-07
	40. VERIZON COMMUNICATIONS COM		2013-04-26	2014-07-07
	10. VISA INC CLASS A SHARES		2011-08-16	2014-07-07
	45. WELLS FARGO & CO NEW COM		2008-12-04	2014-07-07
	210. WELLS FARGO & CO NEW COM		2009-04-22	2014-07-07
	40. WHITING PETROLEUM CORP		2013-04-15	2014-07-07
	10. WISCONSIN ENERGY CORP		2009-02-19	2014-07-07
	110. WISCONSIN ENERGY CORP		2009-03-18	2014-07-07
	10. WYNDHAM WORLDWIDE CORP		2011-10-28	2014-07-07
	40. WYNDHAM WORLDWIDE CORP		2010-11-01	2014-07-07
	20. WYNN RESORTS LTD		2013-05-31	2014-07-07
	40. ZIMMER HOLDINGS INC		2014-02-21	2014-07-07
	10. EATON CORP PLC SEDOL B8KQN82		2012-12-03	2014-07-07
	5. ENSCO PLC CLASS A SEDOL B4VLR19		2014-04-17	2014-07-07
	20. ENSCO PLC CLASS A SEDOL B4VLR19		2012-11-02	2014-07-07
	25. INVESCO LTD ISIN BMG491BT1088 SEDOL B28XP76		2014-01-09	2014-07-07
	10. ACE LIMITED ISIN CH0044328745 SEDOL B3BQMF6		2014-05-23	2014-07-07
	50. ACE LIMITED ISIN CH0044328745 SEDOL B3BQMF6		2014-02-28	2014-07-07
	20. GARMIN LTD ISIN CH0114405324 SEDOL B3Z5T14		2014-02-26	2014-07-07
	60. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182		2014-03-27	2014-07-07
	10. LYONDELLBASELL INDUSTRIES N.V. ISIN NL0009434992 SEDOL B3SPXZ3		2013-05-06	2014-07-07
	110000. USA TREASURY NOTES 03.000% DUE 09/30/2016			2014-07-08
	360. APPLE INC			2014-07-09
	15000. FIFTH THIRD BANCORP CALL 12/16/2023 @ 100.000 SUB			2014-07-09
	70. MAGNA INTERNATIONAL ISIN CA5592224011		2013-06-14	2014-07-09
	100. MAGNA INTERNATIONAL ISIN CA5592224011		2013-06-14	2014-07-09
	980. VALERO ENERGY CORP NEW COM			2014-07-09
	520. VERIZON COMMUNICATIONS COM		2013-04-26	2014-07-09
	40. WYNN RESORTS LTD		2013-05-31	2014-07-09
	5000. PETROBRAS GLOBAL FINANCE SEDOL B99J5P0 ISIN US71647NAB55		2013-12-03	2014-07-10
	5000. PETROBRAS GLOBAL FINANCE SEDOL B99J5P0 ISIN US71647NAB55		2013-12-03	2014-07-11
	.999 FNFV GROUP-W/I		2012-12-17	2014-07-16
	.868 VERITIV CORP-W/I		2012-01-12	2014-07-16
	119. FNFV GROUP-W/I		2012-12-17	2014-07-18
	15000. TARGET CORP SR UNSEC			2014-07-18
	4. VERITIV CORP-W/I		2012-01-12	2014-07-21
	5000. PETROBRAS GLOBAL FINANCE SEDOL B99J5P0 ISIN US71647NAB55		2013-12-03	2014-07-22
	320. BB&T CORP		2013-01-28	2014-07-24
	100. METLIFE INC COM		2012-02-24	2014-07-24
	1170. KKR & CO LP		2014-01-21	2014-07-28
	242. UNITED TECHNOLOGIES CORP COM			2014-07-28
	1. CITIGROUP INC		2001-01-01	2014-07-31
	10000. VERIZON COMMUNICATIONS SR UNSEC		2013-08-22	2014-07-31
	44.05 WACHOVIA BANK COMMERICAL MTG TR SER 2007-C31 CLASS A2		2009-01-14	2014-08-01
	150. WYNN RESORTS LTD		2013-05-31	2014-08-01
	390. L-3 COMMUNICATIONS HLDGS INC COM			2014-08-04
	5000. PPL CAPITAL FUNDING INC CO GUARNT CALL 09/01/22 @100		2012-10-22	2014-08-05
	620. FRANKLIN RES INC COM			2014-08-06
	490. ZIMMER HOLDINGS INC		2014-02-21	2014-08-06
	170. DU PONT E I DE NEMOURS & CO		2010-08-14	2014-08-07
	95. L-3 COMMUNICATIONS HLDGS INC COM		2014-04-02	2014-08-07
	85. APPLE INC		2013-07-10	2014-08-11
	45. GENERAL DYNAMICS CORP		2013-08-02	2014-08-11
	85. LYONDELLBASELL INDUSTRIES N.V. ISIN NL0009434992 SEDOL B3SPXZ3		2013-05-06	2014-08-11
	823. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2			2014-08-13
	337. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2		2014-05-27	2014-08-13
	15000. GOLDCORP INC UNSC			2014-08-15
	10000. USA TREASURY NOTES 02.500% DUE 08/15/2023		2014-07-09	2014-08-15
	5000. USA TREASURY NOTES 02.500% DUE 08/15/2023		2014-07-09	2014-08-15
	5000. DOMINION RESOURCES INC SR UNSEC		2013-04-15	2014-08-18
	10000. AT & T INC SR UNSEC 2.950% DUE 5/15/2016		2011-04-26	2014-08-21
	5000. BANK OF AMERICA CORP 05.625% DUE 07/01/2020		2013-09-25	2014-08-21
	1. COUNTRYWIDE CAPITAL PFD 7.0% 11/01/36		2001-01-01	2014-08-25
	430. SANDISK CORP			2014-08-26
	5000. USA TREASURY NOTES 03.000% DUE 09/30/2016		2012-12-31	2014-08-26
	10000. XEROX CORPORATION SR NTS		2010-05-10	2014-08-26
	10000. XEROX CORPORATION SR UNSEC		2011-05-13	2014-08-26
	540. MERCK & CO INC		2014-01-27	2014-08-27
	70000. USA TREASURY NOTES 00.250% DUE 01/31/2015		2013-06-07	2014-08-28
	170. VISA INC CLASS A SHARES		2011-08-16	2014-08-29
	28.76 WACHOVIA BANK COMMERICAL MTG TR SER 2007-C31 CLASS A2		2009-01-14	2014-09-01
	15000. ABBEY NATL TREASURY SERV ISIN US002799AJ34 SEDOL B606WN6			2014-09-03
	10000. US BANCORP SER MTN CALL 06/15/22 @100			2014-09-03
	15000. USA TREASURY NOTE 01.500% DUE 08/31/2018		2013-04-01	2014-09-03
	10000. USA TREASURY NOTES 01.375% DUE 01/31/2019		2014-06-02	2014-09-04
	31. SUNTRUST BANKS INC COM		2014-04-11	2014-09-12
	633. SUNTRUST BANKS INC COM			2014-09-12
	450. SUNTRUST BANKS INC COM		2014-02-06	2014-09-12
	100. SUNTRUST BANKS INC COM		2014-02-06	2014-09-15
	100. SUNTRUST BANKS INC COM		2014-02-06	2014-09-15
	276. SUNTRUST BANKS INC COM		2014-02-06	2014-09-15
	10000. AMPHENOL CORP SR UNSEC CALL 11/01/21 @100		2014-05-13	2014-09-22
	520. MERCK & CO INC		2014-01-27	2014-09-22
	20000. PEPSICO INC SR UNSEC		2013-04-16	2014-09-22
	5000. DISCOVERY COMMUNICTIONS COMP GUARNT		2011-06-13	2014-09-23
	10000. USA TREASURY NOTES 02.125% DUE 08/15/2021		2014-08-28	2014-09-23
	12.64 WACHOVIA BANK COMMERICAL MTG TR SER 2007-C31 CLASS A2		2009-01-14	2014-10-01
	5000. VODAFONE GROUP PLC UNSC		2013-02-11	2014-10-02
	25000. USA TREASURY NOTES 00.875% DUE 12/31/2016		2013-12-12	2014-10-06
	890. COCA COLA ENTERPRISES		2011-12-05	2014-10-10
	180. HELMERICH & PAYNE INC COM		2013-02-26	2014-10-10
	300. HESS CORPORATION		2014-08-13	2014-10-10
	520. MANPOWER GROUP INC		2013-10-18	2014-10-10
	100. WHITING PETROLEUM CORP		2013-04-15	2014-10-10
	145. EATON CORP PLC SEDOL B8KQN82		2012-12-03	2014-10-14
	80. HANESBRANDS INC - W/I		2014-02-19	2014-10-15
	400. WHITING PETROLEUM CORP		2013-04-15	2014-10-15
	404. BLACKSTONE GROUP LP THE		2014-07-28	2014-10-17
	856. BLACKSTONE GROUP LP THE			2014-10-17
	5000. USA TREASURY NOTES 01.625% DUE 08/15/2022		2014-06-25	2014-10-17
	1. COVENTRY HEALTH CARE INC		2001-01-01	2014-10-22
	1. GENERAL ELEC CO COM		2001-01-01	2014-10-23
	255. FNF GROUP-W/I		2012-12-17	2014-10-30
	105. FNF GROUP-W/I		2012-12-17	2014-10-30
	130. M&T BK CORP			2014-10-30
	10000. USA TREASURY NOTES 02.125% DUE 08/15/2021		2014-08-28	2014-10-30
	25000. USA TREASURY NOTES 02.250% DUE 01/31/2015		2013-06-07	2014-10-31
	410.72 WACHOVIA BANK COMMERICAL MTG TR SER 2007-C31 CLASS A2		2009-01-14	2014-11-01
	5000. USA TREASURY NOTES 02.125% DUE 08/15/2021		2014-08-28	2014-11-03
	8. HALYARD HEALTH INC-W/I		2011-02-22	2014-11-07
	5000. AMPHENOL CORP SR UNSEC CALL 11/01/21 @100		2014-05-13	2014-11-10
	5000. TEVA PHARM FIN IV BV ISIN US88166JAA16 SEDOL B41H706		2013-09-19	2014-11-10
	10000. PROLOGIS INC SR UNSEC CALL 12/16/19 @100		2013-03-20	2014-11-13
	10000. TEVA PHARM FIN IV BV ISIN US88166JAA16 SEDOL B41H706		2013-09-19	2014-11-13
	.75 HALYARD HEALTH INC-W/I		2011-02-22	2014-11-14
	490. ROGERS COMMUNICATIONS INC CL B			2014-11-14
	105000. USA TREASURY NOTES 03.000% DUE 09/30/2016		2012-12-31	2014-11-14
	65. CAPITAL ONE FINANCIAL CORP		2013-07-22	2014-11-18
	100. FOOT LOCKER INC			2014-11-18
	115. GENERAL ELEC CO COM		2014-07-02	2014-11-18
	15. GENERAL ELEC CO COM		2013-01-22	2014-11-18
	340. HELMERICH & PAYNE INC COM		2013-02-26	2014-11-18
	40000. USA TREASURY NOTES 00.875% DUE 12/31/2016		2013-12-12	2014-11-18
	15000. USA TREASURY NOTES 02.625% DUE 11/15/2020			2014-11-24
	5000. BP CAPITAL MARKETS PLC SEDOL ISIN US05565QCE61		2013-05-07	2014-11-25
	30000. USA TREASURY NOTES 00.250% DUE 01/31/2015		2013-06-07	2014-11-25
	5000. USA TREASURY NOTES 00.250% DUE 01/31/2015		2013-06-07	2014-12-02
	15000. USA TREASURY NOTES 00.250% DUE 01/31/2015		2013-06-07	2014-12-02
	710. TRINITY INDUSTRIES INC		2014-07-28	2014-12-03
	5000. USA TREASURY NOTE 01.500% DUE 08/31/2018		2013-04-01	2014-12-04
	25000. USA TREASURY NOTE 01.500% DUE 08/31/2018		2013-04-01	2014-12-08
	100. CALIFORNIA RESOURCES CORP			2014-12-10
	70. CAPITAL ONE FINANCIAL CORP		2013-07-22	2014-12-10
	120. FOOT LOCKER INC		2013-09-27	2014-12-10
	280. ENSCO PLC CLASS A SEDOL B4VLR19		2012-07-16	2014-12-10
	110. ENSCO PLC CLASS A SEDOL B4VLR19		2014-04-17	2014-12-10
	10000. USA TREASURY NOTES 00.250% DUE 01/31/2015		2013-06-07	2014-12-11
	947. QUANTA SVCS INC		2014-03-04	2014-12-12
	23. QUANTA SVCS INC		2014-03-04	2014-12-12
	20. AETNA INC NEW		2013-05-14	2014-12-15
	10. ALASKA AIR GROUP INC		2014-12-12	2014-12-15
	20. ALLSTATE CORP		2014-10-17	2014-12-15
	20. AMERICAN WATER WORKS CO INC		2014-08-14	2014-12-15
	10. AMERIPRISE FINANCIAL INC		2014-06-20	2014-12-15
	10. AMGEN INC		2014-03-04	2014-12-15
	10. APPLE INC		2013-10-03	2014-12-15
	10. BOEING CO		2012-07-30	2014-12-15
	20. CDW CORP/DE		2014-07-09	2014-12-15
	20. CVS CAREMARK CORP		2013-05-14	2014-12-15
	10. CAPITAL ONE FINANCIAL CORP		2014-10-10	2014-12-15
	10. CHEVRON CORPORATION		2014-10-10	2014-12-15
	70. CISCO SYS INC COM		2011-09-13	2014-12-15
	20. COMCAST CORPORATION CL A		2014-08-01	2014-12-15
	20. CONOCOPHILLIPS		2013-08-30	2014-12-15
	10. CONSTELLATION BRANDS INC CL A		2014-07-09	2014-12-15
	30. DELTA AIR LINES INC		2013-07-02	2014-12-15
	20. DISNEY WALT CO		2014-08-01	2014-12-15
	20. DISCOVER FINANCIAL W/I		2011-03-25	2014-12-15
	10. EASTMAN CHEM CO		2014-06-04	2014-12-15
	20. EXTRA SPACE STORAGE INC		2014-12-03	2014-12-15
	30. EXXON MOBIL CORP		2014-11-18	2014-12-15
	20. FOOT LOCKER INC		2014-03-13	2014-12-15
	60. GENERAL ELEC CO COM		2009-06-10	2014-12-15
	20. HCA HOLDINGS INC		2014-08-06	2014-12-15
	10. HANESBRANDS INC - W/I		2014-02-19	2014-12-15
	140. HUNTINGTON BANCSHARES INC		2014-09-12	2014-12-15
	40. J P MORGAN CHASE & CO COM		2014-08-27	2014-12-15
	20. JOHNSON & JOHNSON COM		2011-08-30	2014-12-15
	20. KROGER CO		2014-08-13	2014-12-15
	10. L BRANDS INC		2014-10-15	2014-12-15
	20. LEVEL 3 COMMUNICATIONS INC		2014-03-07	2014-12-15
	30. LINCOLN NATIONAL CORP		2013-04-15	2014-12-15
	30. MICRON TECHNOLOGY INC		2014-08-26	2014-12-15
	20. NATIONAL FUEL GAS CO N J COM		2013-05-09	2014-12-15
	10. PACKAGING CORP OF AMERICA COM		2014-03-21	2014-12-15
	30. PFIZER INC COM		2009-05-20	2014-12-15
	20. PRINCIPAL FINANCIAL GROUP COM		2014-08-27	2014-12-15
	10. PROCTER & GAMBLE CO		2009-11-06	2014-12-15
	110. REGIONS FINANCIAL CORP		2013-04-26	2014-12-15
	20. REYNOLDS AMERICAN INC		2014-10-10	2014-12-15
	20. SEI INVESTMENT CO		2014-08-29	2014-12-15
	20. ST JUDE MEDICAL INC		2013-01-18	2014-12-15
	10. SCHLUMBERGER LTD COM		2014-04-01	2014-12-15
	10. SNAP-ON INC COM		2014-08-04	2014-12-15
	10. TIME WARNER INC		2013-12-18	2014-12-15
	10. THE TRAVELERS COS INC		2014-04-29	2014-12-15
	10. UNION PAC CORP COM		2010-04-29	2014-12-15
	10. UNITED RENTALS INC COM		2013-01-10	2014-12-15
	20. VOYA FINL INC COM		2014-10-17	2014-12-15
	50. WELLS FARGO & CO NEW COM		2009-04-22	2014-12-15
	30. WISCONSIN ENERGY CORP		2009-03-18	2014-12-15
	10. WYNDHAM WORLDWIDE CORP		2014-08-01	2014-12-15
	20. INVESCO LTD ISIN BMG491BT1088 SEDOL B28XP76		2014-09-22	2014-12-15
	10. ACE LIMITED ISIN CH0044328745 SEDOL B3BQMF6		2014-02-28	2014-12-15
	20. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182		2014-03-27	2014-12-15
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	21,383	24,417	-3,034
b	45,945	52,088	-6,143
c	8,664	8,287	377
d	6,867	5,021	1,846
e	7,205	6,049	1,156
	8,322	6,277	2,045
	6,455	4,321	2,134
	6,742	6,203	539
	4,970	2,336	2,634
	6,623	2,566	4,057
	10,200	10,177	23
	16,394	6,829	9,565
	5,386	5,065	321
	5,647	5,799	-152
	5,659	5,799	-140
	17,461	17,133	328
	17,009	14,963	2,046
	92,898	87,900	4,998
	16,899	16,977	-78
	10,925	10,983	-58
	5,697	5,496	201
	59,388	38,764	20,624
	8,945	7,000	1,945
	34,478	26,149	8,329
	56,603	28,018	28,585
	1,185	887	298
	10,961	10,983	-22
	12,582	12,022	560
	10,386	10,175	211
	47,040	42,814	4,226
	29,915	27,083	2,832
	30,195	29,101	1,094
	61,486	61,957	-471
	41,544	25,556	15,988
	49,926	45,282	4,644
	64,373	38,033	26,340
	34,117	23,895	10,222
	55,260	42,855	12,405
	18,732	20,201	-1,469
	139,479	107,819	31,660
	31,535	18,923	12,612
	34,419	10,379	24,040
	53,259	59,455	-6,196
	50,299	34,119	16,180
	38,922	23,290	15,632
	55,036	24,921	30,115
	23,116	24,171	-1,055
	90,744	84,195	6,549
	42,309	29,579	12,730
	31,058	25,526	5,532
	79,759	44,152	35,607
	41,917	39,316	2,601
	8,061	6,034	2,027
	28,766	19,596	9,170
	57,779	44,858	12,921
	41,604	25,185	16,419
	77,012	39,362	37,650
	25,296	24,788	508
	69,657	54,484	15,173
	27,060	29,906	-2,846
	54,656	38,399	16,257
	35,401	37,439	-2,038
	38,610	34,465	4,145
	32,327	34,097	-1,770
	37,857	30,366	7,491
	36,393	37,692	-1,299
	47,110	34,958	12,152
	49,427	42,694	6,733
	27,966	16,533	11,433
	18,847	16,429	2,418
	26,798	27,170	-372
	22,838	18,448	4,390
	41,782	21,016	20,766
	55,986	48,665	7,321
	33,547	31,844	1,703
	53,461	48,632	4,829
	20,920	25,106	-4,186
	19,321	16,831	2,490
	31,397	20,587	10,810
	30,134	29,370	764
	60,138	69,009	-8,871
	39,770	43,417	-3,647
	29,655	13,237	16,418
	37,688	23,099	14,589
	25,030	10,889	14,141
	45,575	45,167	408
	1,211,096	1,006,743	204,353
	24,246	27,813	-3,567
	32,726	12,828	19,898
	7,981	8,370	-389
	89,117	42,847	46,270
	28,006	22,697	5,309
	50,056	25,387	24,669
	12,237	12,487	-250
	22,314	9,089	13,225
	68,303	44,631	23,672
	25,724	17,866	7,858
	25,853	12,608	13,245
	26,654	27,612	-958
	10,682	10,324	358
	55,351	55,331	20
	27,230	27,090	140
	42,290	41,671	619
	10,270	10,072	198
	37,787	23,644	14,143
	2,485	2,704	-219
	6,165	4,091	2,074
	60,591	35,583	25,008
	12,817	14,081	-1,264
	20,007	20,105	-98
	13,424	11,308	2,116
	7,806	6,245	1,561
	5,387	5,785	-398
	6,315	6,011	304
	61,174	61,957	-783
	54,267	32,633	21,634
	14	11	3
	14,035	14,915	-880
	10,281	5,729	4,552
	15,096	7,912	7,184
	45,019	40,467	4,552
	10,695	11,333	-638
	15,284	15,489	-205
	5,370	5,785	-415
	9,790	9,973	-183
	5,347	5,667	-320
	5,092	4,987	105
	16,081	15,102	979
	18,633	19,662	-1,029
	15,655	12,215	3,440
	15,575	19,691	-4,116
	9,778	12,307	-2,529
	5,088	5,056	32
	6,721	8,008	-1,287
	1,248	1,035	213
	5,594	4,988	606
	10,646	6,429	4,217
	5,096	4,969	127
	10,213	9,662	551
	27,980	23,302	4,678
	11,119	8,542	2,577
	9,349	9,701	-352
	14,369	13,655	714
	30,000	30,000
	21,564	19,985	1,579
	5,391	5,675	-284
	3,085	2,009	1,076
	17,481	10,963	6,518
	37,046	35,497	1,549
	9,761	9,057	704
	20,733	20,289	444
	29,211	27,170	2,041
	15,000	15,118	-118
	1,367	25	1,342
	11,398	11,604	-206
	45,279	30,306	14,973
	36,585	35,997	588
	9,401	9,157	244
	43,221	25,096	18,125
	19,304	19,191	113
	9,698	5,679	4,019
	16,988	16,650	338
	8,264	6,220	2,044
	11,261	8,605	2,656
	6,056	6,274	-218
	23,932	24,929	-997
	50,221	51,758	-1,537
	15,093	15,046	47
	59,692	47,062	12,630
	9,369	9,701	-332
	16,406	17,232	-826
	11,409	11,354	55
	5,826	2,991	2,835
	6,437	2,863	3,574
	15,118	14,958	160
	4,732	4,960	-228
	17,991	19,415	-1,424
	52,541	36,745	15,796
	26,188	25,847	341
	13,891	10,398	3,493
	13,586	7,887	5,699
	5,382	4,997	385
	11,003	10,773	230
	11,120	10,130	990
	25,526	24,953	573
	14,677	15,601	-924
	29,738	16,110	13,628
	45,000	45,205	-205
	4,795	5,018	-223
	5,197	5,364	-167
	4,928	4,750	178
	4,134	5,075	-941
	10,764	18,663	-7,899
	17,851	7,509	10,342
	54,062	28,021	26,041
	54,179	55,651	-1,472
	80,710	79,728	982
	44,576	47,315	-2,739
	2,785	2,272	513
	9,716	7,131	2,585
	7,676	7,195	481
	4,073	3,955	118
	6,982	7,537	-555
	7,036	5,493	1,543
	14,071	10,512	3,559
	4,283	3,905	378
	584	464	120
	3,297	3,256	41
	2,205	2,164	41
	2,681	1,497	1,184
	8,043	4,510	3,533
	10,048	7,746	2,302
	2,301	2,225	76
	4,445	3,801	644
	8,765	6,047	2,718
	5,008	2,290	2,718
	4,202	3,295	907
	12,261	11,070	1,191
	6,718	6,963	-245
	5,793	1,784	4,009
	7,374	6,850	524
	13,110	12,641	469
	12,663	8,896	3,767
	3,883	2,275	1,608
	9,367	4,392	4,975
	7,590	3,999	3,591
	4,911	2,210	2,701
	10,436	4,108	6,328
	2,413	1,477	936
	6,229	6,314	-85
	1,488	690	798
	4,782	4,265	517
	1,019	823	196
	6,117	5,981	136
	17,331	14,171	3,160
	7,926	5,485	2,441
	2,144	1,486	658
	4,216	2,976	1,240
	5,456	5,044	412
	2,365	1,959	406
	5,622	4,185	1,437
	2,995	2,183	812
	11,534	9,712	1,822
	12,484	6,169	6,315
	3,801	3,665	136
	6,009	5,126	883
	10,016	5,804	4,212
	2,393	1,145	1,248
	2,232	1,545	687
	2,406	1,578	828
	10,299	9,804	495
	17,737	8,723	9,014
	4,649	4,169	480
	3,100	1,964	1,136
	12,398	12,112	286
	4,592	5,056	-464
	1,666	982	684
	2,514	2,399	115
	7,541	6,985	556
	6,365	6,516	-151
	3,569	3,343	226
	1,014	645	369
	10,140	9,975	165
	3,087	2,165	922
	8,626	5,576	3,050
	7,696	7,433	263
	1,714	717	997
	3,012	3,016	-4
	7,487	5,521	1,966
	9,412	8,507	905
	10,000	9,094	906
	3,567	3,000	567
	8,781	5,539	3,242
	4,078	3,427	651
	8,156	6,854	1,302
	2,374	1,361	1,013
	4,999	4,123	876
	7,055	7,213	-158
	2,632	1,900	732
	5,590	3,967	1,623
	6,473	3,400	3,073
	3,976	3,904	72
	4,042	4,199	-157
	3,200	3,298	-98
	4,400	4,227	173
	6,400	4,877	1,523
	1,978	1,450	528
	5,512	5,717	-205
	9,533	7,468	2,065
	4,015	4,515	-500
	9,144	5,543	3,601
	6,975	4,781	2,194
	7,458	6,836	622
	5,284	5,017	267
	10,476	10,131	345
	2,978	2,864	114
	2,339	1,794	545
	7,579	7,036	543
	9,485	9,073	412
	4,727	3,046	1,681
	5,106	1,947	3,159
	8,560	3,850	4,710
	2,957	2,330	627
	4,731	1,894	2,837
	8,511	7,450	1,061
	3,503	3,341	162
	1,975	1,441	534
	4,444	4,814	-370
	4,256	1,710	2,546
	8,356	4,551	3,805
	11,489	10,759	730
	9,400	3,548	5,852
	6,157	3,706	2,451
	1,116	530	586
	8,931	3,858	5,073
	1,836	874	962
	5,877	2,345	3,532
	6,033	4,115	1,918
	4,396	3,020	1,376
	8,463	7,670	793
	2,257	1,550	707
	3,906	4,483	-577
	3,217	3,065	152
	4,167	4,114	53
	9,375	8,807	568
	3,950	3,394	556
	7,439	7,078	361
	3,969	2,480	1,489
	6,187	6,270	-83
	2,462	2,486	-24
	2,318	2,196	122
	4,901	4,750	151
	11,385	11,061	324
	60,942	37,391	23,551
	26,556	19,879	6,677
	9,551	10,037	-486
	11,589	9,966	1,623
	6,237	6,056	181
	17,220	18,044	-824
	9,662	9,914	-252
	16,520	16,948	-428
	9,982	9,989	-7
	6,255	6,056	199
	6,245	6,056	189
	5,273	5,501	-228
	5,022	5,176	-154
	60,766	61,957	-1,191
	4,741	4,729	12
	19,143	14,022	5,121
	11,974	12,548	-574
	7,983	3,586	4,397
	4,893	4,854	39
	9,786	10,118	-332
	902	710	192
	4,916	3,565	1,351
	4,099	3,874	225
	2,408	2,433	-25
	4,859	4,763	96
	1,218	1,130	88
	3,654	3,768	-114
	952	602	350
	7,613	5,606	2,007
	1,595	1,238	357
	1,121	1,085	36
	667	669	-2
	644	374	270
	3,865	2,255	1,610
	5,373	4,171	1,202
	1,026	1,018	8
	1,255	1,037	218
	2,608	1,454	1,154
	2,608	1,145	1,463
	1,396	1,035	361
	2,139	2,131	8
	4,782	3,082	1,700
	1,762	1,581	181
	962	526	436
	2,887	2,785	102
	3,251	973	2,278
	2,578	2,011	567
	7,733	6,257	1,476
	4,506	2,291	2,215
	4,325	2,222	2,103
	1,573	691	882
	5,664	2,175	3,489
	653	422	231
	2,634	2,706	-72
	384	176	208
	2,661	2,370	291
	2,045	1,646	399
	9,204	7,503	1,701
	1,284	875	409
	3,083	2,751	332
	693	560	133
	2,875	2,092	783
	1,156	873	283
	3,741	3,731	10
	6,413	3,218	3,195
	1,087	1,047	40
	818	829	-11
	3,962	2,929	1,033
	4,666	2,580	2,086
	818	382	436
	776	483	293
	741	467	274
	3,104	2,754	350
	9,030	4,245	4,785
	1,595	1,390	205
	8,508	5,238	3,270
	2,475	2,678	-203
	559	327	232
	599	600	-1
	3,592	3,492	100
	3,526	3,069	457
	1,253	1,114	139
	6,325	3,868	2,457
	621	431	190
	4,384	2,788	1,596
	3,380	3,204	176
	1,000	1,005	-5
	3,789	2,761	1,028
	2,364	1,509	855
	295	266	29
	5,318	4,785	533
	1,128	840	288
	1,138	935	203
	4,554	3,739	815
	494	272	222
	1,526	1,237	289
	3,492	3,606	-114
	897	633	264
	1,975	1,977	-2
	3,647	1,838	1,809
	1,290	1,301	-11
	1,138	1,120	18
	2,395	2,306	89
	3,193	2,438	755
	402	290	112
	3,149	3,216	-67
	4,942	3,860	1,082
	1,186	1,341	-155
	100,000	91,145	8,855
	4,933	2,771	2,162
	4,246	2,732	1,514
	4,681	3,906	775
	2,956	2,702	254
	5,643	5,324	319
	920	818	102
	807	584	223
	4,262	4,013	249
	4,731	4,537	194
	1,522	968	554
	3,001	1,168	1,833
	4,264	1,925	2,339
	574	466	108
	2,296	947	1,349
	4,550	4,191	359
	963	911	52
	497	360	137
	1,989	2,139	-150
	2,165	855	1,310
	2,367	1,276	1,091
	11,044	4,140	6,904
	3,181	1,853	1,328
	453	212	241
	4,985	2,122	2,863
	762	349	413
	3,046	1,173	1,873
	4,142	2,743	1,399
	4,148	3,835	313
	776	517	259
	269	249	20
	1,075	1,196	-121
	961	901	60
	1,050	1,029	21
	5,251	4,893	358
	1,229	1,044	185
	3,794	3,539	255
	979	620	359
	115,827	120,552	-4,725
	34,329	24,995	9,334
	15,591	14,912	679
	7,632	4,879	2,753
	10,936	6,970	3,966
	48,228	45,001	3,227
	25,415	27,813	-2,398
	8,187	5,486	2,701
	4,900	4,724	176
	4,906	4,724	182
	16	12	4
	33	20	13
	1,908	1,385	523
	15,000	15,017	-17
	150	94	56
	4,910	4,724	186
	12,084	9,902	2,182
	5,523	3,785	1,738
	28,593	31,257	-2,664
	26,289	10,382	15,907
	1,711	25	1,686
	10,956	10,596	360
	44	33	11
	31,484	20,573	10,911
	40,747	45,388	-4,641
	5,057	5,106	-49
	33,605	23,777	9,828
	47,331	46,976	355
	10,948	7,173	3,775
	9,656	11,393	-1,737
	8,146	5,121	3,025
	5,308	3,929	1,379
	9,200	5,269	3,931
	31,798	33,404	-1,606
	13,022	13,007	15
	15,131	14,940	191
	10,196	9,995	201
	5,098	4,997	101
	5,504	5,785	-281
	11,065	9,993	1,072
	5,727	5,632	95
	1,370		1,370
	42,310	29,363	12,947
	5,248	5,466	-218
	10,830	11,097	-267
	10,814	9,925	889
	32,573	28,710	3,863
	70,000	70,000
	36,254	14,538	21,716
	29	22	7
	15,748	15,013	735
	9,846	10,034	-188
	15,035	15,527	-492
	9,854	9,902	-48
	1,211	1,174	37
	24,760	23,813	947
	17,628	16,894	734
	3,916	3,754	162
	3,904	3,754	150
	10,803	10,361	442
	10,449	10,304	145
	31,524	27,647	3,877
	20,688	21,526	-838
	5,341	4,976	365
	9,943	10,070	-127
	13	9	4
	4,937	4,977	-40
	25,092	25,125	-33
	37,059	23,391	13,668
	15,160	11,608	3,552
	25,044	29,789	-4,745
	32,539	41,225	-8,686
	6,376	4,632	1,744
	8,618	7,490	1,128
	8,112	5,858	2,254
	22,184	18,528	3,656
	11,921	13,838	-1,917
	25,055	29,246	-4,191
	4,871	4,729	142
	161	25	136
	22	22
	7,402	4,839	2,563
	3,023	1,992	1,031
	15,476	11,021	4,455
	10,084	10,070	14
	25,134	25,815	-681
	411	307	104
	5,030	5,035	-5
	296	173	123
	5,216	5,152	64
	5,106	4,930	176
	11,848	12,231	-383
	10,212	9,861	351
	28	16	12
	18,688	19,400	-712
	109,803	114,778	-4,975
	5,295	4,493	802
	5,483	3,425	2,058
	3,103	3,064	39
	405	330	75
	26,623	21,926	4,697
	40,225	40,200	25
	15,628	15,504	124
	4,939	4,986	-47
	30,000	30,000
	5,000	5,000
	15,000	15,000
	22,481	31,882	-9,401
	5,041	5,176	-135
	25,100	25,879	-779
	559	699	-140
	5,815	4,838	977
	6,740	4,099	2,641
	7,864	13,742	-5,878
	3,089	5,474	-2,385
	10,000	10,000
	25,424	33,837	-8,413
	624	822	-198
	1,734	1,188	546
	577	562	15
	1,349	1,211	138
	1,032	983	49
	1,267	1,191	76
	1,594	1,256	338
	1,078	691	387
	1,219	752	467
	663	640	23
	1,798	1,192	606
	796	813	-17
	1,004	1,145	-141
	1,862	1,135	727
	1,097	1,070	27
	1,233	1,327	-94
	904	903	1
	1,436	573	863
	1,818	1,711	107
	1,222	483	739
	721	902	-181
	1,153	1,202	-49
	2,596	2,852	-256
	1,140	917	223
	1,474	805	669
	1,472	1,347	125
	1,105	732	373
	1,392	1,415	-23
	2,367	2,389	-22
	2,074	1,310	764
	1,230	999	231
	831	660	171
	947	753	194
	1,642	967	675
	1,001	985	16
	1,323	1,246	77
	762	721	41
	923	456	467
	995	1,087	-92
	892	610	282
	1,082	923	159
	1,267	1,200	67
	786	758	28
	1,304	792	512
	798	977	-179
	1,324	1,210	114
	815	640	175
	1,030	907	123
	1,122	389	733
	993	481	512
	801	720	81
	2,661	986	1,675
	1,501	579	922
	826	760	66
	771	812	-41
	1,118	979	139
	1,226	1,180	46
			386,899

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			-3,034
b			-6,143
c			377
d			1,846
e			1,156
			2,045
			2,134
			539
			2,634
			4,057
			23
			9,565
			321
			-152
			-140
			328
			2,046
			4,998
			-78
			-58
			201
			20,624
			1,945
			8,329
			28,585
			298
			-22
			560
			211
			4,226
			2,832
			1,094
			-471
			15,988
			4,644
			26,340
			10,222
			12,405
			-1,469
			31,660
			12,612
			24,040
			-6,196
			16,180
			15,632
			30,115
			-1,055
			6,549
			12,730
			5,532
			35,607
			2,601
			2,027
			9,170
			12,921
			16,419
			37,650
			508
			15,173
			-2,846
			16,257
			-2,038
			4,145
			-1,770
			7,491
			-1,299
			12,152
			6,733
			11,433
			2,418
			-372
			4,390
			20,766
			7,321
			1,703
			4,829
			-4,186
			2,490
			10,810
			764
			-8,871
			-3,647
			16,418
			14,589
			14,141
			408
			204,353
			-3,567
			19,898
			-389
			46,270
			5,309
			24,669
			-250
			13,225
			23,672
			7,858
			13,245
			-958
			358
			20
			140
			619
			198
			14,143
			-219
			2,074
			25,008
			-1,264
			-98
			2,116
			1,561
			-398
			304
			-783
			21,634
			3
			-880
			4,552
			7,184
			4,552
			-638
			-205
			-415
			-183
			-320
			105
			979
			-1,029
			3,440
			-4,116
			-2,529
			32
			-1,287
			213
			606
			4,217
			127
			551
			4,678
			2,577
			-352
			714

			1,579
			-284
			1,076
			6,518
			1,549
			704
			444
			2,041
			-118
			1,342
			-206
			14,973
			588
			244
			18,125
			113
			4,019
			338
			2,044
			2,656
			-218
			-997
			-1,537
			47
			12,630
			-332
			-826
			55
			2,835
			3,574
			160
			-228
			-1,424
			15,796
			341
			3,493
			5,699
			385
			230
			990
			573
			-924
			13,628
			-205
			-223
			-167
			178
			-941
			-7,899
			10,342
			26,041
			-1,472
			982
			-2,739
			513
			2,585
			481
			118
			-555
			1,543
			3,559
			378
			120
			41
			41
			1,184
			3,533
			2,302
			76
			644
			2,718
			2,718
			907
			1,191
			-245
			4,009
			524
			469
			3,767
			1,608
			4,975
			3,591
			2,701
			6,328
			936
			-85
			798
			517
			196
			136
			3,160
			2,441
			658
			1,240
			412
			406
			1,437
			812
			1,822
			6,315
			136
			883
			4,212
			1,248
			687
			828
			495
			9,014
			480
			1,136
			286
			-464
			684
			115
			556
			-151
			226
			369
			165
			922
			3,050
			263
			997
			-4
			1,966
			905
			906
			567
			3,242
			651
			1,302
			1,013
			876
			-158
			732
			1,623
			3,073
			72
			-157
			-98
			173
			1,523
			528
			-205
			2,065
			-500
			3,601
			2,194
			622
			267
			345
			114
			545
			543
			412
			1,681
			3,159
			4,710
			627
			2,837
			1,061
			162
			534
			-370
			2,546
			3,805
			730
			5,852
			2,451
			586
			5,073
			962
			3,532
			1,918
			1,376
			793
			707
			-577
			152
			53
			568
			556
			361
			1,489
			-83
			-24
			122
			151
			324
			23,551
			6,677
			-486
			1,623
			181
			-824
			-252
			-428
			-7
			199
			189
			-228
			-154
			-1,191
			12
			5,121
			-574
			4,397
			39
			-332
			192
			1,351
			225
			-25
			96
			88
			-114
			350
			2,007
			357
			36
			-2
			270
			1,610
			1,202
			8
			218
			1,154
			1,463
			361
			8
			1,700
			181
			436
			102
			2,278
			567
			1,476
			2,215
			2,103
			882
			3,489
			231
			-72
			208
			291
			399
			1,701
			409
			332
			133
			783
			283
			10
			3,195
			40
			-11
			1,033
			2,086
			436
			293
			274
			350
			4,785
			205
			3,270
			-203
			232
			-1
			100
			457
			139
			2,457
			190
			1,596
			176
			-5
			1,028
			855
			29
			533
			288
			203
			815
			222
			289
			-114
			264
			-2
			1,809
			-11
			18
			89
			755
			112
			-67
			1,082
			-155
			8,855
			2,162
			1,514
			775
			254
			319
			102
			223
			249
			194
			554
			1,833
			2,339
			108
			1,349
			359
			52
			137
			-150
			1,310
			1,091
			6,904
			1,328
			241
			2,863
			413
			1,873
			1,399
			313
			259
			20
			-121
			60
			21
			358
			185
			255
			359
			-4,725
			9,334
			679
			2,753
			3,966
			3,227
			-2,398
			2,701
			176
			182
			4
			13
			523
			-17
			56
			186
			2,182
			1,738
			-2,664
			15,907
			1,686
			360
			11
			10,911
			-4,641
			-49
			9,828
			355
			3,775
			-1,737
			3,025
			1,379
			3,931
			-1,606
			15
			191
			201
			101
			-281
			1,072
			95
			1,370
			12,947
			-218
			-267
			889
			3,863

			21,716
			7
			735
			-188
			-492
			-48
			37
			947
			734
			162
			150
			442
			145
			3,877
			-838
			365
			-127
			4
			-40
			-33
			13,668
			3,552
			-4,745
			-8,686
			1,744
			1,128
			2,254
			3,656
			-1,917
			-4,191
			142
			136

			2,563
			1,031
			4,455
			14
			-681
			104
			-5
			123
			64
			176
			-383
			351
			12
			-712
			-4,975
			802
			2,058
			39
			75
			4,697
			25
			124
			-47



			-9,401
			-135
			-779
			-140
			977
			2,641
			-5,878
			-2,385

			-8,413
			-198
			546
			15
			138
			49
			76
			338
			387
			467
			23
			606
			-17
			-141
			727
			27
			-94
			1
			863
			107
			739
			-181
			-49
			-256
			223
			669
			125
			373
			-23
			-22
			764
			231
			171
			194
			675
			16
			77
			41
			467
			-92
			282
			159
			67
			28
			512
			-179
			114
			175
			123
			733
			512
			81
			1,675
			922
			66
			-41
			139
			46

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	1,965,847
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . . . .		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2013	1,064,436	23,285,459	0.045712
2012	1,076,248	21,699,302	0.049598
2011	1,017,614	21,714,365	0.046864
2010	947,958	20,412,539	0.04644
2009	1,077,980	18,791,666	0.057365

2	Total of line 1, column (d) ......................	2	0.245979
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	0.049196
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	24,859,162
5	Multiply line 4 by line 3.......................	5	1,222,971
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	23,619
7	Add lines 5 and 6.........................	7	1,246,590
8	Enter qualifying distributions from Part XII, line 4..............	8	1,098,266
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2014)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	47,237
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	47,237
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	47,237
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	44,340
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	44,340
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	2,897
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax0	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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

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

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

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

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

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

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

Yes

Website address bullet

pncsites.com/pncfoundation/charitable_trusts.

The books are in care of bullet

PNC BANK NA Telephone no. bullet

(412) 762-3792

Located at bullet

620 LIBERTY AVENUE 10TH FLOORPITTSBURGHPA ZIP+4 bullet

152222705

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country?

16 No

See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet

Form 990-PF (2014)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........

Organizations relying on a current notice regarding disaster assistance check here......... bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2014?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2014, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2014?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?........................YesNo

If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2014.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)..................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.......................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2014)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
CONSTANCE IMBODEN	CO-TRUSTEE 1	0
2005 RUXTON ROAD TOWSON,MD21204	CO-TRUSTEE 1	0
PNC BANK NA	CO-TRUSTEE 18	91,265
620 LIBERTY AVENUE PITTSBURGH,PA15222	CO-TRUSTEE 18	91,265

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









Total number of other employees paid over $50,000...................				0

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1


2


3


4

Form 990-PF (2014)

Page 8

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

25,237,728

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

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

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

25,237,728

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

25,237,728

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

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

378,566

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

24,859,162

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

1,242,958

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

1,242,958

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

47,237

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

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

47,237

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

1,195,721

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

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

1,195,721

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

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

1,195,721

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

1,098,266

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

1,098,266

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see instructions).................

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

1,098,266

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2014)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2013	(c) 2013	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7					1,195,721
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......				1,084,403
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2014:
a From 2009.......	0
b From 2010.......	0
c From 2011.......	0
d From 2012.......	0
e From 2013.......	0
fTotal of lines 3a through e.........		0
4Qualifying distributions for 2014 from Part
XII, line 4: $ 1,098,266
a Applied to 2013, but not more than line 2a					1,084,403
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.....					13,863
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2014.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2013. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2014. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........					1,181,858
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2010....	0
b Excess from 2011....	0
c Excess from 2012....	0
d Excess from 2013....	0
e Excess from 2014....	0

Form 990-PF (2014)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2014, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2014	(b) 2013	(c) 2012	(d) 2011	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ...........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

MELISSA WARLOW
6 EAST READ STREET
BALTIMORE,MD21202
(410) 332-4172

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

Please reference the name of the trust in all communications. See footnote

cAny submission deadlines:

See website: www.pncsites.com/pncfoundation/charitable_trusts.html for specific information

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

See website: www.pncsites.com/pncfoundation/charitable_trusts.html for specific information

Form 990-PF (2014)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CHESAPEAKE SHAKESPEARE COMPANY 8510 HIGH RIDGE ROAD ELLICOTT CITY,MD21043	NONE	PC	SUPPORT TECHINCAL	25,000
FRACTURED ATLAS PRODUCTIONS INC 248 W 35TH STREET 10TH FL NEW YORK,NY10001	NONE	PC	BALTIMORE ROCK OPERA	4,000
STATION NORTH ARTS AND ENTERTAINMENT INC 1 W NORTH AVENUE BALTIMORE,MD21201	NONE	PC	SUPPORT FY14 OPERATING	30,000
CYLBURN ARBORETUM ASSOCIATION INC 4915 GREENSPRING AVENUE BALTIMORE,MD21209	NONE	PC	TO SUPPORT 2013 CYLBURN	8,000
BALTIMORE COMMUNITY FOUNDATION INC 2 EAST READ STREET 9TH FLOOR BALTIMORE,MD21202	NONE	PC	SUPPORT THE ARTS & CAPITAL	279,972
GREATER BALITMORE CULTURAL ALLIANCE 1800 N CHARLES ST STE 810 BALTIMORE,MD21201	NONE	PC	2015 ARTIST AWARDS/CRITCAL	249,211
SLIDELUCK POTSHOW INC 154 MORGAN AVENUE BROOKLYN,NY11237	NONE	PC	SUPPORT A BALTIMORE	500
SINGLE CARROT THEATRE INC PO BOX 2334 BALTIMORE,MD21203	NONE	PC	SUPP CREATIVE SPIRIT SEA &	16,500
CONTEMPORARY ARTS INC 7221 CROYTON AVENUE BALTIMORE,MD212074410	NONE	PC	SUPPORT 2014 PROGRAMMING	7,000
DEEP VISION DANCE COMPANY INC 5214 FORGE ROAD PERRY HALL,MD21128	NONE	PC	SUPPORT 2014 AKIMBO DANCE	5,000
CULTURAL DATA PROJECT 400 MARKET STREET PHILADELPHIA,PA19106	NONE	PC	SUPPORT 2014 MARYLAND	8,000
BALTIMORE SYMPHONY ORCHESTRA INC 1212 CATHEDRAL STREET BALTIMORE,MD212015545	NONE	PC	AMDINISTRATIVE SUPPORT &	55,000
CENTER STAGE ASSOCIATIES INC 700 NORTH CALVERT STREET BALTIMORE,MD21202	NONE	PC	FY14 OPERATING EXPENSES	30,000
TOWSON UNIVERSITY FOUNDATION INC 8000 YORK ROAD TOWSON,MD212520001	NONE	PC	WTMD'S 2014 FIRST THURSDAY	10,000
WALTERS ART GALLERY ENDWOMENT FOUNDATION INC 600 NORTH CHARLES STREET BALTIMORE,MD212015185	NONE	PC	FOR FY14 & FY 15 OPERATING	100,000
BALTIMORE THEATRE PROJECT INC 45 WEST PRESTON STREET BALTIMORE,MD21201	NONE	PC	FY15 CORE OPERATING	10,000
BALTIMORE CLAYWORKS INC 5707 SMITH AVENUE BALTIMORE,MD21209	NONE	PC	FY14 CORE OPERATING	30,000
THE EVERYMAN THEATRE INCORPORATED 315 WEST FAYETTE STREET BALTIMORE,MD21201	NONE	PC	FY14 CORE OPERATING	25,000
MARYLAND CITIZENS FOR THE ARTS INC 3600 CLIPPER MILL ROAD BALTIMORE,MD21211	NONE	PC	FY15 CORE OPERATING	20,000
MUSEUM FOR CONTERMPORARY ARTS INCORPORATED PO BOX 1572 BALTIMORE,MD21203	NONE	PC	TO SUPPORT THE 2014 COHOST	5,000
THE PRODUCER'S CLUB OF MARYLAND INC 107 EAST READ STREET BALTIMORE,MD21202	NONE	PC	SUPPORT 2014 OPENING NIGHT	45,000
FELLS POINT CREATIVE ALLIANCE INC 3134 EASTERN AVENUE BALTIMORE,MD21224	NONE	PC	CY14 CORE OPERATING	30,000
HIGH ZERO FOUNDATION INC 3618 FALLS ROAD BALTIMORE,MD21211	NONE	PC	CONSULTANT FEES FOR	2,250
CLANCYWORKS INC PO BOX 3111 SILVER SPRING,MD20918	NONE	PC	SUPPORT 2014 DETI	2,000
THE BALTIMORE MUSEUM OF ART 10 ART MUSEUM DRIVE BALTIMORE,MD212183898	NONE	PC	FY14 OPERATING EXPENSES &	65,000
ENOCH PRATT FREE LIBRARY OF BALTIMORE CITY 400 CATHEDRAL STREET BALTIMORE,MD21201	NONE	PC	SUPPORT THE MAURICE SENDAK	20,000
Total ................................. 3a				1,082,433

bApproved for future payment

Total ................................. 3b

Form 990-PF (2014)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ............
4 Dividends and interest from securities....			14	475,605
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	1,965,847
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aBLACKSTONE GROUP L			14	485
bENTERPRISE PRODS P			14	406
cKKR & CO LP			14	1,329
d
e
12 Subtotal. Add columns (b), (d), and (e)..				2,443,672

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

132,443,672

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2014)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political

Yes

organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MUTUAL FUNDS - FIXED	AT COST	1,360,035	1,373,948
MUTUAL FUNDS - EQUITY	AT COST	11,166,005	14,086,354
PARTNERSHIPS	AT COST	15,682	19,449
MUTUAL FUNDS - ALTERNATIVE	AT COST	233,283	112,837

Category	Amount	Net Investment Income
FOREIGN TAXES	497	497
FEDERAL ESTIMATES - PRINCIPAL	44,056	0
PARTNERSHIP - FOREIGN TAX PAID		52

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
MEMBERSHIP RENEWAL FEES	2,000	0	2,000
PROCESSING FEES AND ADR SERVIC	97	97	0
PARTNERSHIP - EXPENSE		108	0

Description	Revenue And Expenses Per Books	Net Investment Income
BLACKSTONE GROUP LP THE	485	80
ENTERPRISE PRODS PARTNERS L P COM UNIT	406	365
KKR & CO LP	1,329	1,610