Form990-PF

Department of the Treasury
Internal Revenue Service

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

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 32   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BUTLER, AL36904
A Employer identification number

31-6632596
B Telephone number (see instructions)

C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$6,567,249J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 91 91  
4 Dividends and interest from securities...... 191,561 191,561  
5a Gross rents.............. 10,570 10,570  
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 134,308
b Gross sales price for all assets on line 6a 991,412
7 Capital gain net income (from Part IV, line 2)... 138,278
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 11,935 11,935  
12 Total. Add lines 1 through 11........ 348,465 352,435  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 120,000 4,000   108,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 9,230 308   8,307
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 4,985     2,492
c Other professional fees (attach schedule)....        
17 Interest............... 31,249 31,249    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 11,492 6,610    
19 Depreciation (attach schedule) and depletion... Click to see attachment 7,541 7,344  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,487 372   1,041
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 69,508 58,459   245
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 255,492 108,342   120,085
25 Contributions, gifts, grants paid........ 70,167 70,167
26 Total expenses and disbursements. Add lines 24 and 25 325,659 108,342   190,252
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 22,806
b Net investment income (if negative, enter -0-) 244,093
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 80,065 102,451 102,451
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 3,502,423 Click to see attachment3,564,645 3,564,645
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 2,736,676 Click to see attachment2,818,958 2,818,958
14 Land, buildings, and equipment: basis bullet74,962
Less: accumulated depreciation (attach schedule) bullet12,024 67,439 Click to see attachment62,938 74,962
15 Other assets (describe bullet) 6,933 Click to see attachment6,233 6,233
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,393,536 6,555,225 6,567,249
Liabilities 17 Accounts payable and accrued expenses.......... 1,840 4,964
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 2,635,627 Click to see attachment2,709,548
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 2,637,467 2,714,512
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 3,756,069 3,840,713
30 Total net assets or fund balances (see instructions)...... 3,756,069 3,840,713
31 Total liabilities and net assets/fund balances (see instructions).. 6,393,536 6,555,225
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 3,756,069
2 Enter amount from Part I, line 27a..................... 2 22,806
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 61,838
4 Add lines 1, 2, and 3.......................... 4 3,840,713
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 3,840,713
Form 990-PF (2014)
Form 990-PF (2014)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 6 shares ADT Corp P 2014-02-18 2014-06-18
b 460 shares Abbvie Inc P 2013-05-09 2014-04-29
c 542 shares Allianz SE P 2014-04-30 2014-09-26
d 84 shares Altria Group P 2013-05-09 2014-04-29
e 14 shares Ameren Corp P 2013-06-05 2014-05-14
12 shares American Eagle P 2013-05-09 2014-04-29
1 share Apple Inc P 2013-05-09 2014-04-29
301 shares Avista Corp P 2013-05-09 2014-04-10
14 shares BASF P 2013-05-09 2014-04-29
38 shares BCE Inc P 2013-05-09 2014-04-29
5 shares British Amern P 2013-05-09 2014-04-29
7 shares CME Group P 2013-05-09 2014-04-29
9 shares CA Inc P 2014-05-14 2014-10-21
51 shares California Res Corp P 2014-09-08 2014-12-05
28 shares Centrica PLC P 2013-05-09 2014-03-13
22 shares Centurylink Inc P 2013-05-09 2014-04-29
31 shares Cheveron Corp P 2013-05-09 2014-04-29
14 shares Cinemark Holdings P 2014-04-02 2014-06-18
145 shares Coach Inc P 2013-07-31 2014-07-01
167 shares Comcast Corp P 2013-05-09 2014-02-13
6 shares Commonwealth P 2013-05-24 2014-05-14
54 shares Conoco P 2013-05-09 2014-04-29
347 shares Corning Inc P 2014-01-24 2014-09-09
46 shares Corrections Corp P 2013-08-20 2014-06-18
4 shares Darden Restaurants P 2014-05-14 2014-09-12
67 shares Deutsche Telekom P 2013-05-09 2014-04-29
9 shares Deutsche Post P 2013-05-23 2014-05-14
4 shares Diageo PLC P 2014-05-14 2014-10-31
10 shares Diamond Offshore P 2013-05-09 2014-04-29
19 shares Dominon Res Inc P 2013-05-09 2014-04-29
19 shares Dow Chemical P 2013-05-09 2014-03-13
12 shares Dr Pepper P 2014-05-14 2014-11-18
39 shares Duke Energy P 2013-05-09 2014-04-29
117 shares Electricite P 2013-05-31 2014-05-14
33 shares Emerson Elec P 2013-05-09 2014-04-11
3 shares Energizer Hldgs P 2014-02-18 2014-06-18
14 shares Gallagher P 2013-05-09 2014-02-12
34 shares General Dynamics P 2014-05-14 2014-09-08
143 shares General Mls P 2013-05-09 2014-03-28
73 shares Glaxosmithkline P 2013-05-09 2014-04-29
29 shares HCP Inc P 2013-05-09 2014-04-29
33 shares Health Care REIT P 2013-05-09 2014-04-29
96 shares Hillenbrand Inc P 2013-05-09 2014-02-11
86 shares Honeywell P 2013-05-09 2014-03-04
27 shares Imperial Tobacco P 2013-05-09 2014-04-29
8 shares Innophos Holdings P 2013-05-09 2014-04-29
28 shares Johnson & Johnson P 2013-05-09 2014-04-29
51 shares Kla-Tencor P 2013-05-09 2014-04-11
19 shares Kimberly Clark P 2013-05-09 2014-04-29
151 shares Kinder Morgan P 2014-08-19 2014-12-05
45 shares Kraft Foods P 2013-05-09 2014-04-29
1 share Lilly Eli P 2014-05-14 2014-12-12
163 shares Lockheed Martin P 2013-05-09 2014-04-29
81 shares Lorillard Inc P 2013-05-09 2014-04-29
22 shares Mattel Inc P 2013-05-09 2014-02-12
21 shares McDonalds Inc P 2013-05-09 2014-04-29
265 shares Merck P 2013-05-09 2014-04-29
70 shares National Grid P 2013-05-09 2014-04-29
73 shares Norfolk Southern P 2014-05-14 2014-07-18
96 shares Orkla P 2013-11-21 2014-06-18
86 shares PPL Corp P 2013-05-09 2014-04-29
38 shares Pearson PLC P 2013-05-09 2014-03-13
6 shares Pepsico P 2013-05-09 2014-04-29
42 shares Philip Morris P 2013-05-09 2014-04-29
18 shares Potash Corp P 2013-12-03 2014-06-18
6 shares Procter & Gamble P 2013-05-09 2014-04-29
6 shares Qualcomm Inc P 2013-08-29 2014-06-18
15 shares Quest Diagnostics P 2014-02-14 2014-06-18
234 shares Raytheon Co P 2013-05-09 2014-02-26
28 shares Realty Income P 2013-07-08 2014-06-18
81 shares Reynolds American P 2013-05-09 2014-04-29
14 shares Rogers Communications P 2013-05-09 2014-04-29
35 shares Royal Dutch Shell P 2013-05-09 2014-04-29
9 shares Royal Dutch Shell P 2013-05-09 2014-04-29
311 shares SSE PLC P 2013-05-09 2014-04-29
34 shares Senior HSG P 2013-05-09 2014-04-29
40 shares Severn Trent P 2013-05-09 2014-04-29
37 shares Shaw Communications P 2013-05-09 2014-02-12
202 shares Southern Company P 2013-05-09 2014-04-29
464 shares Staples Inc P 2013-06-27 2014-06-04
40 shares Statoil ASA P 2013-11-14 2014-06-18
52 shares Svenska Handelsen P 2013-05-09 2014-04-29
30 shares Swisscom AG P 2013-05-09 2014-04-29
94 shares Sysco Corp P 2013-05-09 2014-04-22
30 shares Teco Energy P 2013-05-09 2014-04-29
51 shares Turna Rete P 2013-05-09 2014-04-29
111 shares Time Warner P 2013-05-09 2014-04-11
90 shares Total SA P 2013-05-09 2014-04-29
9 shares Unibail Rodamco P 2014-03-06 2014-05-14
29 shares Unilever P 2013-05-09 2014-04-29
34 shares United Parcel P 2013-05-09 2014-04-22
26 shares United Utilities P 2013-05-09 2014-04-29
24 shares Ventas Inc P 2013-09-16 2014-06-18
428 shares Verizon P 2013-05-09 2014-04-29
52 shares Vinci P 2013-05-09 2014-04-29
82 shares Wal Mart P 2013-05-09 2014-02-24
218 shares Walgreen P 2013-06-25 2014-02-12
11 shares WF & Co P 2013-05-21 2014-04-29
48 shares Williams Companies P 2013-12-05 2014-06-18
5 shares Wolters Kluwer P 2014-04-16 2014-05-14
12 shares Yara Internationl P 2013-05-09 2014-04-29
6 shares Daimler AG P 2013-05-09 2014-04-29
325 shares Ensco PLC P 2013-11-27 2014-10-13
6 shares Enterprise Products P 2013-05-09 2014-04-29
20 shares Kinder Morgan Energy P 2013-05-09 2014-04-29
11 shares Targa Resources P 2013-12-03 2014-06-18
155 shares AT&T P 2011-07-29 2014-06-18
306 shares Abbvie Inc P 2013-05-09 2014-07-09
144 shares Altria Group P 2013-05-09 2014-10-03
12 shares Ameren Corp P 2013-06-05 2014-06-18
11 shares American Elec P 2013-05-09 2014-06-18
70 shares Anheuser Busch P 2013-05-09 2014-09-16
28 shares Apple Inc P 2013-05-09 2014-09-10
1053 shares Astrazeneca PLC P 2011-08-01 2014-05-14
4 shares Automatic Data P 2013-05-09 2014-05-14
18 shares BAE Systems P 2013-05-09 2014-06-18
2 shares BASF Se P 2013-05-09 2014-06-18
20 shares BCE Inc P 2013-05-09 2014-06-18
92 shares BP PLC P 2012-01-19 2014-06-18
29 shares Becton Dickinson P 2013-05-09 2014-10-23
10 shares BHP Billiton P 2011-08-22 2014-06-18
53 shares Blackrock Inc P 2013-05-09 2014-11-07
249 shares Bristol Myers P 2013-05-09 2014-11-04
33 shares CDK Global P 2013-05-09 2014-10-07
6 shares CME Group P 2013-05-09 2014-06-18
618 shares CA Inc P 2013-05-09 2014-10-21
131 shares California Res P 2013-10-22 2014-12-05
50 shares Centurylink P 2013-05-09 2014-06-18
12 shares Chevron P 2013-05-09 2014-06-18
195 shares Coach Inc P 2013-05-21 2014-07-01
20 shares Coca Cola P 2013-04-17 2014-06-18
12 shares Compass Group P 2013-05-09 2014-05-14
302 shares Compass Group P 2013-05-09 2014-08-22
285 shares Conoco P 2013-05-09 2014-08-19
1316 shares Corning Inc P 2013-07-31 2014-09-09
354 shares Darden Restaurants P 2013-05-09 2014-09-12
75 shares Deere & Co P 2013-05-09 2014-10-21
99 shares Deutsche Telekom P 2013-05-09 2014-06-18
49 shares Diageo PLC P 2013-05-09 2014-10-31
204 shares Diamond Offshore P 2013-05-09 2014-06-11
22 shares Dominion Res Inc P 2013-05-09 2014-06-18
9 shares Donnelley R R & Sons P 2013-05-09 2014-05-14
5 shares Dow Chemical P 2013-05-09 2014-06-18
597 shares Dr Pepper P 2013-10-24 2014-11-18
4 shares Du Pont P 2012-10-24 2014-05-14
49 shares Duke Energy P 2013-05-09 2014-06-18
34 shares Electricite P 2013-06-03 2014-06-18
121 shares Emerson Elec P 2013-05-09 2014-10-31
6 shares Gallagher P 2013-05-09 2014-05-14
252 shares General Dynamics P 2013-08-23 2014-09-08
27 shares Glaxosmithkline P 2013-05-09 2014-06-18
7 shares HCP Inc P 2013-05-09 2014-06-18
71 shares Halyard Health P 2013-05-09 2014-11-21
8 shares Hasbro Inc P 2013-05-09 2014-06-18
26 shares Health Care REIT P 2013-05-09 2014-06-18
6 shares Imperial Tobacco P 2013-05-09 2014-06-18
413 shares Intel Corp P 2012-10-24 2014-08-19
146 shares Intgrys Energy P 2013-05-09 2014-06-23
8 shares Iron Mtn Inc P 2013-05-09 2014-11-07
128 shares Johnson & Johnson P 2013-05-09 2014-11-04
4 shares Kla-Tencor P 2013-05-09 2014-05-14
35 shares Kimberly Clark P 2013-05-09 2014-10-23
10 shares Kohls P 2013-05-09 2014-06-18
18 shares Kraft Foods Group P 2013-05-09 2014-06-18
212 shares Lily Eli P 2011-08-01 2014-12-12
28 shares Lockheed Martin P 2013-05-09 2014-09-10
558 shares Lorillard Inc P 2013-05-09 2014-07-15
17 shares Mattel Inc P 2013-05-09 2014-06-18
7 shares McDonalds Corp P 2013-05-09 2014-06-18
7 shares Merck P 2013-05-09 2014-06-18
20 shares Microsoft Corp P 2013-05-09 2014-06-18
8 shares Microchip Tech P 2013-05-09 2014-05-14
12 shares Molson Coors P 2013-05-09 2014-06-18
39 shares Munich RE Group P 2013-05-09 2014-06-18
10 shares National Fuel Gas P 2013-05-09 2014-06-18
20 shares National Grid P 2013-05-09 2014-06-18
3 shares Nestle S A P 2013-05-09 2014-05-14
142 shares Norfolk Southern P 2013-05-09 2014-07-18
86 shares Novartis A G P 2011-08-01 2014-06-18
68 shares Nucor P 2013-05-09 2014-06-18
8 shares Occidental Pete P 2013-05-09 2014-06-18
17 shares Owens & Minor P 2013-05-09 2014-06-18
4 shares PNC Finl P 2013-05-09 2014-06-18
58 shares PPL Corp P 2013-05-09 2014-06-18
10 shares Pearson PLC P 2013-05-09 2014-05-14
146 shares Pepsico P 2013-05-09 2014-11-03
16 shares Philip Morris P 2013-05-09 2014-06-18
3 shares Philippine Long Distance P 2013-05-09 2014-05-14
62 shares Procter & Gamble P 2013-05-09 2014-09-23
82 shares Regal Entertainment P 2013-05-09 2014-06-18
11 shares Republic Svcs P 2013-05-09 2014-06-18
37 shares Reynolds American P 2013-05-09 2014-06-18
159 shares Roche Hldg P 2013-05-09 2014-10-31
14 shares Rogers Communications P 2013-05-09 2014-06-18
26 shares Royal Dutch Shell P 2013-05-09 2014-06-18
9 shares Royal Dutch Shell P 2013-05-09 2014-06-18
14 shares SSE PLC P 2013-05-09 2014-06-18
24 shares Sanofi Sponsored P 2013-05-09 2014-06-18
8 shares Senior HSG P 2013-05-09 2014-05-14
39 shares Shaw Communications P 2013-05-09 2014-06-18
60 shares Southern Company P 2013-05-09 2014-06-18
623 shares Staples Inc P 2013-05-09 2014-06-04
124 shares Svenska Handelsen P 2013-05-09 2014-10-08
5 shares Swisscom P 2013-05-09 2014-06-18
12 shares Sysco P 2013-05-09 2014-06-18
32 shares Teco Energy P 2013-05-09 2014-06-18
9 shares Target Corp P 2013-05-09 2014-06-18
24 shares Telstra Corp P 2013-05-09 2014-06-18
109 shares Turna Rete P 2013-05-09 2014-06-18
10 shares Thomson Reuters P 2013-05-09 2014-06-18
43 shares Total S A P 2013-05-09 2014-06-18
9 shares US Bankcorp P 2013-05-09 2014-06-18
13 shares Unilever PLC P 2013-05-09 2014-06-18
7 shares United Parcel P 2013-05-09 2014-06-18
59 shares Verizon P 2013-05-09 2014-06-18
3 shares Vivendi SA P 2013-05-09 2014-05-14
590 shares Vodafone Group P 2011-08-04 2014-11-12
17 shares Wm Morrison P 2013-05-09 2014-05-14
5 shares Wal Mart P 2013-05-09 2014-06-18
6 shares Waste Mgt P 2013-05-09 2014-05-14
28 shares Western Un Company P 2013-05-09 2014-06-18
42 shares Westpac Bkg P 2013-05-09 2014-06-18
116 shares Yara International P 2013-05-15 2014-10-08
21 shares Daimler AG P 2013-05-09 2014-06-18
32 shares Partnerre Limited P 2013-05-09 2014-10-23
4 shares Amerigas P 2013-05-09 2014-06-18
188 shares Kinder Morgan P 2013-08-19 2014-11-26
3 shares Williams Partners P 2013-05-09 2014-06-18
17 shares Vinci P 2013-05-09 2014-06-18
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 205   190 15
b 23,220   20,294 2,926
c 8,814   9,321 -507
d 3,301   3,047 254
e 573   477 96
648   587 61
594   457 137
9,175   8,591 584
1,566   1,345 221
1,677   1,796 -119
587   569 18
498   424 74
243   270 -27
328   425 -97
631   631  
766   821 -55
3,860   3,820 40
468   414 54
4,952   7,866 -2,914
8,507   6,847 1,660
454   403 51
3,943   3,372 571
7,404   5,947 1,457
1,473   1,580 -107
191   203 -12
1,092   833 259
340   236 104
469   505 -36
532   686 -154
1,345   1,128 217
937   664 273
853   686 167
2,843   2,810 33
913   531 382
2,160   1,911 249
361   289 72
635   621 14
4,275   3,182 1,093
7,344   7,079 265
4,092   3,699 393
1,209   1,497 -288
2,076   2,420 -344
2,653   2,376 277
8,140   6,689 1,451
2,212   1,935 277
444   423 21
2,714   2,382 332
3,330   2,760 570
2,107   1,955 152
6,262   6,262  
2,542   2,474 68
70   60 10
25,020   16,482 8,538
4,508   3,462 1,046
811   989 -178
2,133   2,092 41
14,942   12,046 2,896
4,876   4,418 458
6,667   5,754 913
810   759 51
2,787   2,738 49
638   698 -60
516   496 20
3,539   3,806 -267
657   573 84
495   469 26
474   402 72
873   792 81
22,602   14,837 7,765
1,220   1,184 36
4,467   3,832 635
548   688 -140
2,858   2,502 356
688   623 65
7,385   7,408 -23
799   956 -157
1,197   1,129 68
856   849 7
8,722   9,336 -614
5,086   7,322 -2,236
1,214   911 303
1,299   1,188 111
1,750   1,362 388
3,422   3,212 210
548   554 -6
826   704 122
7,044   6,762 282
6,093   4,544 1,549
245   246 -1
1,296   1,232 64
3,365   2,997 368
692   601 91
1,565   1,528 37
20,104   20,275 -171
988   641 347
6,006   6,411 -405
14,245   10,292 3,953
543   447 96
2,160   1,742 418
142   140 2
536   562 -26
563   344 219
13,024   19,842 -6,818
437   368 69
1,551   1,740 -189
708   562 146
5,376   4,551 825
16,806   13,500 3,306
9,823   7,979 1,844
475   409 66
589   538 51
7,964   6,726 1,238
2,806   1,830 976
78,119   50,979 27,140
315   280 35
510   425 85
234   192 42
457   457  
4,694   4,129 565
3,598   2,830 768
695   887 -192
17,947   14,575 3,372
14,227   9,927 4,300
981   866 115
434   364 70
16,573   16,579 -6
846   1,019 -173
1,844   1,866 -22
779   739 40
6,639   11,385 -4,746
823   875 -52
201   156 45
4,835   4,178 657
22,840   17,801 5,039
28,413   20,075 8,338
17,011   18,747 -1,736
6,291   6,907 -616
1,697   1,232 465
5,750   6,021 -271
9,694   13,974 -4,280
1,537   1,307 230
141   112 29
257   175 82
39,795   28,830 10,965
271   180 91
3,536   3,531 5
244   152 92
7,795   7,013 782
272   266 6
30,395   19,380 11,015
1,454   1,368 86
284   361 -77
2,688   2,435 253
419   381 38
1,621   1,901 -280
542   430 112
13,964   8,914 5,050
9,779   8,728 1,051
240   242 -2
13,808   10,890 2,918
252   216 36
3,915   3,602 313
531   483 48
1,059   990 69
14,758   8,021 6,737
4,894   2,831 2,063
34,124   23,849 10,275
671   757 -86
712   697 15
408   318 90
820   655 165
373   285 88
868   594 274
846   776 70
767   622 145
1,475   1,262 213
236   211 25
14,743   11,158 3,585
7,135   5,271 1,864
3,475   3,088 387
811   704 107
595   565 30
353   275 78
1,986   1,847 139
194   184 10
13,600   12,072 1,528
1,435   1,497 -62
200   226 -26
5,218   4,847 371
1,701   1,529 172
408   379 29
2,263   1,750 513
5,842   5,016 826
563   688 -125
2,241   1,859 382
736   623 113
374   343 31
1,286   1,302 -16
190   225 -35
981   895 86
2,664   2,787 -123
9,328   12,291 -2,963
2,833   2,833  
296   227 69
444   410 34
566   591 -25
528   626 -98
589   608 -19
1,794   1,504 290
358   342 16
3,085   2,171 914
388   300 88
584   552 32
719   617 102
2,906   2,906  
78   63 15
15,660   21,517 -5,857
279   386 -107
379   391 -12
264   247 17
458   449 9
1,343   1,409 -66
5,525   5,343 182
1,995   1,203 792
3,604   2,938 666
181   181  
19,148   16,135 3,013
159   152 7
322   210 112
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        
b        
c        
d        
e        
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 138,278
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2013 204,576 3,582,512 0.057104
2012 500,795 3,671,454 0.136402
2011 266,439 3,814,375 0.069851
2010      
2009      
2 Total of line 1, column (d) ...................... 2 0.263358
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 0.065839
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 3,794,295
5 Multiply line 4 by line 3....................... 5 249,813
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 2,441
7 Add lines 5 and 6......................... 7 252,254
8 Enter qualifying distributions from Part XII, line 4.............. 8 190,252
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2014)
Form 990-PF (2014)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 4,882
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 4,882
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 4,882
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 1,860
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,860
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 3,022
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletAL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletMichael E Williams Telephone no.bullet (205) 459-2152
    Located atbulletP O BOX 32ButlerAL ZIP+4bullet36904
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    Michael E Williams Trustee
    30.00     		40,000 0 0
    P O BOX 32
    Butler,AL36904
    Patricia W Harris Trustee
    30.00     		40,000 0 0
    5476 Arrow Lake Rd
    Meridian,MS39301
    Jennifer W Clark Trustee
    30.00     		40,000 0 0
    324 Timberlane Rd
    Butler,AL36904
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............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   0
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,624,885
    b
    Average of monthly cash balances.......................
    1b
    92,635
    c
    Fair market value of all other assets (see instructions)................
    1c
    134,556
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,852,076
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,852,076
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    57,781
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,794,295
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    189,715
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    189,715
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    4,882
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,882
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    184,833
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    184,833
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    184,833
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    190,252
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    190,252
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    190,252
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 184,833
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011....... 76,117
    d From 2012....... 318,725
    e From 2013....... 26,590
    fTotal of lines 3a through e......... 421,432
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 190,252
    a Applied to 2013, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2014 distributable amount..... 184,833
    e Remaining amount distributed out of corpus 5,419
    5 Excess distributions carryover applied to 2014.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 426,851
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		426,851
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011.... 76,117
    c Excess from 2012.... 318,725
    d Excess from 2013.... 26,590
    e Excess from 2014.... 5,419
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Michael E Williams
    P O Box 32
    Butler,AL36904
    (205) 459-2152
    michwil@tds.net
    bThe form in which applications should be submitted and information and materials they should include:
    Foundation applications provided upon request
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    None
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    University of Mobile
    5735 College Parkway
    Eight Mile,AL36613     		    Library 4,000
    University of West Alabama
    UWA Station 6
    Livingston,AL35470     		    Chapel Project 51,167
    Clarkdale Attendance Center
    7000 Hwy 145
    Meridian,MS39301     		    Student Activities 15,000
    Total .................................bullet 3a 70,167
    bApproved for future payment
    University of West Alabama
    UWA Station 6
    Livingston,AL35470     		    Chapel Project 255,829
    Total .................................bullet 3b 255,829
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 91  
    4 Dividends and interest from securities....     14 191,561  
    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 .............     		    18 134,308  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aRoyalty income     15 13  
    bLease income     16 10,570  
    cPatronage dividends     32 11,519  
    dOther income     14 403  
    e
    12 Subtotal. Add columns (b), (d), and (e)..   348,465  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13348,465
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN: 31-6632596
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting fees 4,985 0 0 2,492

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

    TY 2014 AmortizationSchedule
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN: 31-6632596
    Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
    LOAN FEES 2013-05-08 6,800 227 20 340 340 0 567

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

    TY 2014 DepreciationSchedule
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN: 31-6632596
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    SONY LAPTOP 2011-07-05 1,972 985 SL 5 394 197 0  
    LARGE TRAILER 2013-05-08 12,000 600 SL 10 1,200 1,200 0  
    SMALL TRAILER 2013-05-08 10,000 500 SL 10 1,000 1,000 0  
    STORAGE UNIT 2013-05-08 6,000 300 SL 10 600 600 0  
    KUBOTA TRACTOR 2013-06-21 33,650 1,683 SL 10 3,365 3,365 0  
    KUBOTA LOADER 2013-06-21 5,500 275 SL 10 550 550 0  
    BUSHOG CUTTER 2013-06-21 2,800 140 SL 10 280 280 0  
    FENCING 2014-02-26 1,440 0 SL 10 72 72 0  
    HAMILTON AG SPRAYER 2014-05-07 1,600 0 SL 10 80 80 0  

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN: 31-6632596
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABM Industries 224 shares comm 6,418 6,418
    ATT Inc 2026 shares common 68,053 68,053
    Abbvie Inc 167 shares common 10,928 10,928
    ADT Corp 930 shares common 33,694 33,694
    Altria Group 1625 shares comm 80,064 80,064
    Ameren Corp 453 shares common 20,897 20,897
    American Elec 236 shares comm 14,330 14,330
    Anheuser Busch 70 shares comm 0 0
    Apple Inc 84 shares common 9,272 9,272
    Astrazeneca PLC 104 shs comm 7,320 7,320
    Automatic Data 98 shares comm 8,170 8,170
    Avista Corp 301 shares common 0 0
    BAE Systems 640 shares common 18,841 18,841
    BASF SE Spons 142 shares comm 12,007 12,007
    BCE Inc 1054 shares common 48,335 48,335
    BP PLC 860 shares common 32,783 32,783
    Becton Dickinson 140 shs comm 19,482 19,482
    Bemis Inc 385 shares common 17,406 17,406
    BHP Billiton 125 shares comm 5,915 5,915
    Blackrock Inc 19 shares common 6,794 6,794
    Bob Evans Farms 512 shs common 26,204 26,204
    Bristol Myers 249 shares comm 0 0
    British Amern 123 shares Comm 13,262 13,262
    CME Group 546 shares common 48,403 48,403
    Centrica PLC 808 shares common 14,060 14,060
    CA Inc 618 shares common 0 0
    Centruylink 447 shares common 17,692 17,692
    Chevron Corp 421 shares common 47,228 47,228
    Coach Inc 336 shares common 0 0
    Coca Cola 501 shares common 21,152 21,152
    Comcast 167 shares common 0 0
    Commonwealth Bank 121 shs comm 8,481 8,481
    Cinemark Hldg 555 shares commo 19,747 19,747
    Compass Group 574 shares comm 9,854 9,854
    ConcoPhillips 598 shares comm 41,298 41,298
    Corning Inc 1462 shares common 0 0
    Correction Corp 423 shs comm 15,372 15,372
    Darden Rest 354 shares common 0 0
    Deere Co 75 shares common 0 0
    Deutsche Telekom 1163 shs comm 18,646 18,646
    Diageo PLC 49 shares common 0 0
    Diamond Offshore 214 shs comm 0 0
    Dominion Res 462 shares common 35,528 35,528
    Donnelley 550 shares common 9,243 9,243
    Dow Chemical 234 shares common 10,673 10,673
    Dr Pepper 597 shares common 0 0
    Du Pont 113 shares common 8,355 8,355
    Duke Energy 798 shares common 66,665 66,665
    Electricite 2910 shares common 15,929 15,929
    Emerson Elec 315 shares common 19,445 19,445
    Energizer Hldgs 165 shares com 21,212 21,212
    Compass Minerals 159 shs comm 13,806 13,806
    GEO Group 566 shares common 22,844 22,844
    Gallagher Arthur 141 shs comm 6,638 6,638
    General Dynamics 282 shs comm 0 0
    General Mills 363 shares comm 19,359 19,359
    Glaxosmithkline 1512 shs comm 64,623 64,623
    HCP Inc 613 shares common 26,990 26,990
    Hasbro Inc 515 shares common 28,320 28,320
    Health Care 645 shares common 48,807 48,807
    Hillenbrand 96 shares common 0 0
    Cyrusone 237 shs common 6,529 6,529
    Deutsche Post 199 shares comm 6,512 6,512
    Honeywell 86 shares common 0 0
    Imperial Tobacco 262 shs comm 23,172 23,172
    Innophos Holdings 111 shs comm 6,488 6,488
    Intel Corp 1197 shares common 43,439 43,439
    Intergys Energy 146 shs comm 0 0
    Iron Mtn 1306 shares common 50,490 50,490
    Johnson Johnson 326 shs comm 34,090 34,090
    J2 Global 369 shares common 22,878 22,878
    Kla Tencor 108 shares common 7,595 7,595
    Kimberly Clark 577 shares comm 66,667 66,667
    Kohls Corp 498 shares common 30,398 30,398
    Kraft Foods 833 shares common 52,196 52,196
    Eli Lilly 212 shares common 0 0
    Lockheed Martin 69 shs common 13,287 13,287
    Lorillard Inc 359 shares comm 22,595 22,595
    Mattel Inc 261 shares common 8,077 8,077
    Mcdonalds Corp 555 shares comm 52,004 52,004
    Merck Co 963 shares common 54,689 54,689
    Microsoft 1242 shares common 57,691 57,691
    Microchip Tech 195 shares comm 8,796 8,796
    Molson Coors 355 shares common 26,455 26,455
    Munich Re Group 917 shs common 18,392 18,392
    National Fuel 595 shares comm 41,370 41,370
    National Grid 962 shares comm 67,975 67,975
    Nestle SA 98 shares common 7,149 7,149
    Norfolk Southern 214 shs comm 0 0
    Novartis A G 139 shares common 12,880 12,880
    Nucor Corp 265 shares common 12,998 12,998
    Occidental Pete 455 shs comm 36,678 36,678
    Orkla A S 1252 shares common 8,541 8,541
    Owens Minor 532 shares common 18,679 18,679
    PNC Finl 421 shares common 38,408 38,408
    PPL Corp 1395 shares common 50,680 50,680
    Peoples United 542 shares comm 8,227 8,227
    Pearson PLC 561 shares common 10,350 10,350
    Pepsico 374 shares common 35,365 35,365
    Philip Morris 769 shares comm 62,635 62,635
    Philippine Long 113 shs common 7,152 7,152
    Potash Corp 443 shares common 15,647 15,647
    Procter Gamble 595 shares comm 54,199 54,199
    Qualcomm 445 shares common 33,077 33,077
    Raytheon Co 234 shares common 0 0
    Realty Income 322 shares comm 15,363 15,363
    Regal Entertain 511 shs comm 9,163 9,163
    Republic Svcs 559 shares comm 22,500 22,500
    Reynolds Amer 1167 shares comm 75,003 75,003
    Roche Hldg 245 shares common 8,318 8,318
    Rogers Comm 945 shares common 36,806 36,806
    Royal Dutch Shell 574 shs comm 39,927 39,927
    Royal Dutch Shell 246 shs comm 16,470 16,470
    SSE PLC 834 shares common 21,093 21,093
    Sanofi Spons 165 shares common 7,526 7,526
    Senior HSG 669 shares common 14,792 14,792
    Severn Trent 240 shares comm 7,506 7,506
    Shaw Comm 1108 shares common 29,897 29,897
    Southern Co 1020 shares common 50,092 50,092
    Staples Inc 1299 shares common 0 0
    Statoil ASA 375 shares common 6,604 6,604
    Svenska Hand 385 shares common 9,015 9,015
    Swisscom AG 389 shares common 20,455 20,455
    Sysco Corp 748 shares common 29,688 29,688
    Teco Energy 793 shares common 16,249 16,249
    Target Corp 366 shares common 27,783 27,783
    Telstra Corp 761 shares common 18,590 18,590
    Turna Rete 1210 shares common 16,498 16,498
    Thompson Reuters 650 shs comm 26,221 26,221
    Time Warner 111 shares common 0 0
    Total S A 1120 shares common 57,344 57,344
    US Bancorp 672 shares comm 30,206 30,206
    Unilever PLC 1427 shares comm 57,765 57,765
    United Parcel 262 shares comm 29,127 29,127
    United Utilities 708 shs comm 20,225 20,225
    Ventas Inc 367 shares common 26,314 26,314
    Verizon 2194 shares common 102,635 102,635
    Vinci S A 1152 shares common 15,860 15,860
    Vivendi S A 451 shares common 11,291 11,291
    Vodafone Group 1281 shs comm 43,772 43,772
    Wm Morrison 542 shares common 7,784 7,784
    Wal Mart 175 shares common 15,029 15,029
    Walgreen Co 218 shares common 0 0
    Waste Mgt 157 shares common 8,057 8,057
    Wells Fargo 586 shares common 32,125 32,125
    Western Union 1343 shs common 24,053 24,053
    Westpac Bkg 322 shares common 8,662 8,662
    Williams Co 716 shares common 32,177 32,177
    Unibal Rodamco 451 shs comm 11,616 11,616
    Yara Intern 252 shares common 11,103 11,103
    Daimler AG 174 shares common 14,590 14,590
    Aircastle 626 shares common 13,378 13,378
    Ensco PLC 325 shares common 0 0
    Partnerre Lmtd 196 shares comm 22,369 22,369
    Seagate Tech 143 shares common 9,509 9,509
    Halyard Health 1 shares common 45 45
    Kinder Morgan Inc 775 shs comm 32,790 32,790
    Motorola Solutions 313 shs com 20,996 20,996
    National Oilwell 377 shs comm 24,705 24,705
    Omnicom Group 303 shares comm 23,473 23,473
    Quest Diagnostic 499 shs comm 33,463 33,463
    Rio Tinto 157 shs common 7,231 7,231
    Wisconsin Energy 162 shs comm 8,544 8,544
    Wolters Kluwer 256 shs comm 7,853 7,853

    TY 2014 InvestmentsOtherSchedule2
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN: 31-6632596
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Amerigas Partners LP   18,353 18,353
    Enterprise Products Partners LP   9,969 9,969
    Kinder Morgan Energy Partners LP   0 0
    Markwest Energy Partners LP   7,996 7,996
    Memorial Prodtn Partners LP   6,201 6,201
    Targa Resources Partners LP   6,368 6,368
    Williams Partners LP   23,941 23,941
    Land Sumter County Alabama   2,745,130 2,745,130
    FLCA 200 shares   1,000 1,000

    TY 2014 LandEtcSchedule2
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN: 31-6632596
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Equipment 72,990 10,645 62,345 72,990
    Office equipment 1,972 1,379 593 1,972


    TY 2014 MortgagesAndNotesPayableSch
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN: 31-6632596
    Total Mortgage Amount:  

    Item No. 1
    Lender's Name Raymond James
    Lender's Title  
    Relationship to Insider  
    Original Amount of Loan 830409
    Balance Due 830409
    Date of Note 2014-12
    Maturity Date  
    Repayment Terms  
    Interest Rate 5
    Security Provided by Borrower Security acct
    Purpose of Loan Margin loan
    Description of Lender Consideration  
    Consideration FMV 0

    Item No. 2
    Lender's Name Alabama Ag Credit FLCA
    Lender's Title  
    Relationship to Insider  
    Original Amount of Loan 1971000
    Balance Due 1879139
    Date of Note 2013-05
    Maturity Date 2033-05
    Repayment Terms semi annual
    Interest Rate 4.8
    Security Provided by Borrower Land
    Purpose of Loan Purchase land
    Description of Lender Consideration  
    Consideration FMV 0


    TY 2014 OtherAssetsSchedule
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN: 31-6632596
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Loan fees net 6,573 6,233 6,233
    Prepaid excise tax 360 0 0


    TY 2014 OtherExpensesSchedule
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN: 31-6632596
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Insurance 222 222 0 0
    Office expense 378 0 0 189
    Postage 112 0 0 56
    Services 15,851 15,851 0 0
    Maintenance and repairs 489 489 0 0
    Supplies 187 187 0 0
    Utilities 722 722 0 0
    Investment fees and expense 40,635 40,635 0 0
    Partnership loss 10,572 13 0 0


    TY 2014 OtherIncomeSchedule2
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN: 31-6632596
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Royalty income 13 13 0
    Patronage dividends 11,519 11,519 0
    Other investment income 403 403 0


    TY 2014 OtherIncreasesSchedule
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN: 31-6632596
    Description Amount
       


    TY 2014 TaxesSchedule
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN: 31-6632596
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign taxes 4,639 4,639 0 0
    Property taxes 1,971 1,971 0 0
    Excise taxes 4,882 0 0 0