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
FRED AND MARY GODLEY FAMILY
FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)830-13 A1A NORTHROOM/SUITE 262Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PONTE VEDRA BEACH, FL32082
A Employer identification number

45-6465021
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$13,237,470J 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 73,056 73,056 73,056
4 Dividends and interest from securities...... 241,628 241,628 241,628
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 449,375
b Gross sales price for all assets on line 6a 2,087,753
7 Capital gain net income (from Part IV, line 2)... 449,375
8 Net short-term capital gain......... 2,560
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 764,059 764,059 317,244
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 5,000 5,000 5,000  
c Other professional fees (attach schedule).... Click to see attachment 69,888 69,888 69,888  
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 74,888 74,888 74,888 0
25 Contributions, gifts, grants paid........ 581,598 581,598
26 Total expenses and disbursements. Add lines 24 and 25 656,486 74,888 74,888 581,598
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 107,573
b Net investment income (if negative, enter -0-) 689,171
c Adjusted net income (if negative, enter -0-)... 242,356
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............... 186,117 743,846 743,846
2 Savings and temporary cash investments..........      
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)........ 10,590,767 Click to see attachment10,025,037 12,493,624
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)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,776,884 10,768,883 13,237,470
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
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......... 10,776,884 10,768,883
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)...... 10,776,884 10,768,883
31 Total liabilities and net assets/fund balances (see instructions).. 10,776,884 10,768,883
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 10,776,884
2 Enter amount from Part I, line 27a..................... 2 107,573
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 10,884,457
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 115,574
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 10,768,883
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 200-AMERIPRISE FINL INC COM P 2012-08-13 2014-01-10
b 545-SONOCO PRODS CO COM P 2012-02-06 2014-01-29
c 30000-NSTAR ELEC CO P 2012-05-11 2014-04-15
d 225-SMUCKER J M CO COM NEW P 2012-03-07 2014-06-18
e 1800-BAXTER INTL INC COM P 2013-06-24 2014-09-18
820-DOUGLAS DYNAMICS INC COM P 2013-02-12 2014-10-31
250-AMERIPRISE FINL INC COM P 2012-02-06 2014-01-10
530-SONOCO PRODS CO COM P 2012-04-11 2014-01-29
35000-NORTHERN TR CORP P 2012-04-26 2014-05-01
2500-PETROLEOS MEXICANOS P 2012-06-26 2014-06-20
350-BAXTER INTL INC COM P 2014-02-04 2014-09-18
30000-CONSOLIDATED NAT GAS CO P 2012-08-22 2014-12-01
80-TAL INTL GROUP INC COM P 2012-03-07 2014-01-10
500-SONOCO PRODS CO COM P 2012-06-20 2014-01-29
5810-SMALL BUSINESS ADMIN GTD PTNCT P 2012-09-06 2014-05-12
0-FIDELITY NATIONAL FINANCIAL IN FNF P 2012-10-12 2014-07-01
930-TAL INTL GROUP INC COM P 2012-09-21 2014-10-24
300-MICROSOFT CORP COM P 2012-03-07 2014-12-02
800-TAL INTL GROUP INC COM P 2012-02-06 2014-01-10
200-SONOCO PRODS CO COM P 2012-08-13 2014-01-29
1210-WEST PHARMACEUTICAL SVSC INC CO P 2012-02-06 2014-05-16
725-HALLIBURTON CO COM P 2013-02-12 2014-07-22
200-TAL INTL GROUP INC COM P 2012-08-13 2014-10-24
400-MICROSOFT CORP COM P 2012-05-11 2014-12-02
70-TAL INTL GROUP INC COM P 2012-09-21 2014-01-10
625-SONOCO PRODS CO COM P 2013-08-09 2014-01-29
450-WEST PHARMACEUTICAL SVSC INC COM P 2012-03-07 2014-05-16
1033-FIDELITY NATIONAL FINANCIAL IN P 2012-10-12 2014-07-22
400-TAL INTL GROUP INC COM P 2012-12-17 2014-10-24
100000-FEDERAL HOME LOAN BANKS P 2013-05-31 2014-12-05
2150-FIRST NIAGARA FINL GP INC COM P 2012-06-20 2014-01-10
102-WEST PHARMACEUTICAL SVSC INC COM P 2012-08-13 2014-02-04
540-WEST PHARMACEUTICAL SVSC INC COM P 2012-04-11 2014-05-16
500-FIDELITY NATIONAL FINANCIAL IN F P 2013-11-01 2014-07-22
500-TAL INTL GROUP INC COM P 2012-06-20 2014-10-24
35000-PPG INDS INC P 2013-05-20 2014-12-06
8450-FIRST NIAGARA FINL GP INC COM P 2012-07-30 2014-01-10
300-FIDELITY NATIONAL FINANCIAL IN C P 2012-12-27 2014-02-05
370-SMUCKER J M CO COM NEW P 2012-02-06 2014-06-17
600-EOG RES INC COM P 2012-08-23 2014-07-22
420-TAL INTL GROUP INC COM P 2012-04-11 2014-10-24
960-CALIFORNIA RES CORP COM P 2014-01-29 2014-12-11
750-BOB EVANS FARMS INC COM P 2012-11-06 2014-01-13
1900-FIDELITY NATIONAL FINANCIAL IN P 2012-10-12 2014-02-05
100-SMUCKER J M CO COM NEW P 2012-08-13 2014-06-17
125-EOG RES INC COM P 2012-07-02 2014-07-22
45000-ROYAL BK OF CDA BD CDS P 2012-02-10 2014-10-30
1000-BOB EVANS FARMS INC COM P 2012-11-21 2014-01-13
98-WEST PHARMACEUTICAL SVSC INC COM P 2012-08-13 2014-02-05
105-SMUCKER J M CO COM NEW P 2012-05-11 2014-06-17
900-CLECO CORP NEW COM P 2013-02-13 2014-07-22
780-DOUGLAS DYNAMICS INC COM P 2013-02-12 2014-10-30
140-DEVON ENERGY CORP NEW COM P 2012-04-11 2014-01-29
121-SMALL BUSINESS ADMIN GTD PTNCT P 2012-09-06 2014-02-10
111-SMUCKER J M CO COM NEW P 2012-06-20 2014-06-17
30136-SMALL BUSINESS ADMIN GTD PTNCT P 2012-09-06 2014-08-10
175-SENSIENT TECHNOLOGIES CORP COM P 2012-02-06 2014-10-31
260-DEVON ENERGY CORP NEW COM P 2012-05-11 2014-01-29
100-WEST PHARMACEUTICAL SVSC INC COM P 2012-08-13 2014-02-14
200-ACCENTURE PLC IRELAND SHS CLASS P 2012-08-13 2014-06-18
600-COLGATE PALMOLIVE CO COM P 2012-03-07 2014-08-18
200-VERIZON COMMUNICATIONS INC COM P 2013-08-09 2014-10-31
600-DEVON ENERGY CORP NEW COM P 2012-02-06 2014-01-29
410-WEST PHARMACEUTICAL SVSC INC COM P 2012-05-11 2014-02-14
230-ACCENTURE PLC IRELAND SHS CLASS P 2012-03-07 2014-06-18
1000-COLGATE PALMOLIVE CO COM P 2012-02-06 2014-08-18
300-TEXAS INSTRS INC COM P 2013-10-25 2014-10-31
400-DEVON ENERGY CORP NEW COM P 2012-08-23 2014-01-29
90-WEST PHARMACEUTICAL SVSC INC COM P 2012-02-06 2014-02-14
320-ACCENTURE PLC IRELAND SHS CLASS P 2012-05-11 2014-06-18
425-HALLIBURTON CO COM P 2013-08-09 2014-09-03
300-ATMOS ENERGY CORP COM P 2013-08-09 2014-10-31
100-DEVON ENERGY CORP NEW COM P 2012-08-13 2014-01-29
35000-MCKESSON CORP NEW P 2012-05-16 2014-02-15
800-ACCENTURE PLC IRELAND SHS CLASS P 2012-02-06 2014-06-18
75-HALLIBURTON CO COM P 2013-02-12 2014-09-03
400-FIDELITY NATIONAL FINANCIAL IN F P 2012-10-12 2014-10-31
200-DEVON ENERGY CORP NEW COM P 2012-06-20 2014-01-29
25000-NORTHROP GRUMMAN CORP P 2012-08-22 2014-03-06
189-SMUCKER J M CO COM NEW P 2012-06-20 2014-06-18
250-BAXTER INTL INC COM P 2013-08-09 2014-09-18
325-DELUXE CORP COM P 2012-02-06 2014-10-31
(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 22,934   10,868 12,066
b 22,462   17,608 4,854
c 30,000   30,000  
d 23,875   16,918 6,957
e 131,122   124,371 6,751
16,956   11,608 5,348
28,667   13,541 15,126
21,844   16,886 4,958
35,000   35,000  
2,500   2,500  
25,496   23,476 2,020
30,000   30,000  
3,721   2,795 926
20,608   15,530 5,078
5,810   6,078 -268
3   2 1
37,310   29,889 7,421
14,526   9,504 5,022
37,211   27,527 9,684
8,243   6,071 2,172
50,784   25,190 25,594
52,818   29,623 23,195
8,024   6,425 1,599
19,368   12,544 6,824
3,256   2,401 855
25,759   24,371 1,388
18,887   9,018 9,869
16,373   11,934 4,439
16,047   12,801 3,246
100,000   100,000  
21,892   17,587 4,305
4,699   2,412 2,287
22,664   10,767 11,897
7,924   7,089 835
20,059   15,994 4,065
38,587   38,587  
86,039   64,823 21,216
9,207   7,170 2,037
39,252   29,441 9,811
70,165   32,132 38,033
16,849   13,325 3,524
5,677   7,360 -1,683
36,046   28,537 7,509
58,311   43,101 15,210
10,609   7,801 2,808
14,618   5,540 9,078
45,000   45,000  
48,061   35,604 12,457
4,473   2,318 2,155
11,139   8,107 3,032
50,812   39,531 11,281
16,057   11,042 5,015
8,223   9,555 -1,332
121   127 -6
11,776   8,480 3,296
30,136   31,530 -1,394
10,255   7,095 3,160
15,271   16,892 -1,621
4,810   2,365 2,445
16,509   12,253 4,256
38,793   27,785 11,008
10,035   9,856 179
35,240   38,610 -3,370
19,719   9,042 10,677
18,985   13,737 5,248
64,654   45,606 19,048
14,835   12,058 2,777
23,493   24,336 -843
4,329   1,874 2,455
26,414   18,833 7,581
28,703   19,499 9,204
15,912   13,280 2,632
5,873   5,896 -23
35,000   35,000  
66,034   46,173 19,861
5,065   3,064 2,001
11,901   7,534 4,367
11,747   11,480 267
28,227   27,325 902
20,055   14,440 5,615
18,211   18,440 -229
19,683   8,466 11,217
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       12,066
b       4,854
c        
d       6,957
e       6,751
      5,348
      15,126
      4,958
       
       
      2,020
       
      926
      5,078
      -268
      1
      7,421
      5,022
      9,684
      2,172
      25,594
      23,195
      1,599
      6,824
      855
      1,388
      9,869
      4,439
      3,246
       
      4,305
      2,287
      11,897
      835
      4,065
       
      21,216
      2,037
      9,811
      38,033
      3,524
      -1,683
      7,509
      15,210
      2,808
      9,078
       
      12,457
      2,155
      3,032
      11,281
      5,015
      -1,332
      -6
      3,296
      -1,394
      3,160
      -1,621
      2,445
      4,256
      11,008
      179
      -3,370
      10,677
      5,248
      19,048
      2,777
      -843
      2,455
      7,581
      9,204
      2,632
      -23
       
      19,861
      2,001
      4,367
      267
      902
      5,615
      -229
      11,217
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 2 449,375
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 2,560
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 637,679 12,114,566 0.052637
2012 547,931 10,959,920 0.049994
2011   10,244,856  
2010      
2009      
2 Total of line 1, column (d) ...................... 2 0.102631
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 0.051316
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 13,111,505
5 Multiply line 4 by line 3....................... 5 672,830
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 6,892
7 Add lines 5 and 6......................... 7 679,722
8 Enter qualifying distributions from Part XII, line 4.............. 8 581,598
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 13,783
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 13,783
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 13,783
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 19,065
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 19,065
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 5,282
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet5,282 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)
    bulletFL
    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
     
     
    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. Click to see attachment...............................
    10
    Yes
     
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletDANIEL LEVINE Telephone no.bullet (480) 305-2028
    Located atbullet17470 N PACESETTER WAYSCOTTSDALEAZ ZIP+4bullet85255
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    ROBERT M GODLEY PRESIDENT
    2.00     		0 0 0
    5 MITCHELL HILL ROAD BOX 190
    5 MITCHELL HILL ROAD BOX 190
    HADLYME,CT06439
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    SILVERCREST ASSET MANAGEMENT INVESTMENT MGMT 65,508
    1330 AVENUE OF THE AMERICAS
    NEW YORK,NY10019
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    12,805,799
    b
    Average of monthly cash balances.......................
    1b
    505,374
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    13,311,173
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    13,311,173
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    199,668
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    13,111,505
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    655,575
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    655,575
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    13,783
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    13,783
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    641,792
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    641,792
    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
    641,792
    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
    581,598
    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
    581,598
    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
    581,598
    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 7 641,792
    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.......  
    d From 2012....... 37,338
    e From 2013....... 53,821
    fTotal of lines 3a through e......... 91,159
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 581,598
    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..... 581,598
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2014. 60,194 60,194
    (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 30,965
    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 ......     		30,965
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013.... 30,965
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BRAYCE
    BRAYCE
    17 BAKER ROAD
    17 BAKER ROAD
    CHESTER,CT06412     		  PUBLIC GENERAL PURPOSE 76,681
    CAMP CLAIRE
    CAMP CLAIRE
    15 OAKLAND AVENUE
    15 OAKLAND AVNUE
    LYME,CT06371     		  PUBLIC EDUCATION 50,605
    KEYSTONE HOUSE
    KEYSTONE HOUSE
    KEYSTONE CENTER PB 35
    KEYSTONE CENTER PB 35
    KOTAGIRI NILGIRIS DIST,TAMIL NADU643 217
    IN     		  PUBLIC GENERAL PURPOSES 30,482
    LEAP
    LEAP
    31 JEFFERSON STREET
    31 JEFFERSON STREET
    NEW HAVEN,CT06511     		  PUBLIC GENERAL PURPOSE 20,480
    LYME LAND CONSERVATION TRUST
    LYME LAND CONSERVATION TRUST
    60 MT ARCHER ROAD
    60 MT ARCHER ROAD
    LYME,CT06371     		  PUBLIC GENERAL PURPOSE 100,852
    MCCURDY-SALISBURY FOUNDATION
    MCCURDY-SALISBURY FOUNDATION
    P O BOX 474
    P O BOX 474
    OLD LYME,CT06371     		  PUBLIC LYME STUDENTS 201,645
    THE COSBY FUND FOR HAITIAN EDUC
    THE COSBY FUND FOR HAITIAN EDUC
    19 BINNEY ROAD
    19 BINNEY ROAD
    OLD LYME,CT06371     		  PULBIC EDUCATION 100,853
    Total .................................bullet 3a 581,598
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 73,056  
    4 Dividends and interest from securities....     14 241,628  
    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 .............     		    18 449,375  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   764,059  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13764,059
    (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:
    FRED AND MARY GODLEY FAMILY
    FOUNDATION
    EIN: 45-6465021
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 5,000 5,000 5,000  

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    FRED AND MARY GODLEY FAMILY
    FOUNDATION
    EIN: 45-6465021
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS COM 182,250 225,100
    ACCENTURE PLC IRELAND SHS CLASS    
    AMERICAN WTR WKS CO INC NEW COM 116,443 175,890
    AMERIPRISE FINL INC COM 97,821 244,662
    ANALOG DEVICES 3.0% 30,788 30,688
    ANHEUSER BUSCH INBEV WORLDWIDE 38,365 38,760
    ATMOS 161,493 228,534
    BANK OF NEW YORK MELLON 8% DUE 35,000 35,073
    BAXTER INTL INC COM    
    BLACKROCK INC COM 113,251 232,414
    BMO BANK OF MONTREAL .71% DUE 50,000 50,139
    BOB EVANS FARMS INC COM    
    CHEVRON CORP NEW COM 149,080 157,052
    CINEMARK HOLDING INC 167,963 195,690
    CLECO CORP NEW COM 110,594 133,623
    COLGATE PALMOLIVE CO COM    
    COMMONWEALTH EDISON CO 31,293 31,351
    CONSOLIDATED NAT GAS CO    
    CONSUMERS ENERGY 5.65% 39,765 39,880
    CSX CORP 26,909 27,357
    CUYAHOGA CNTY OHIO ECONOMIC DE 41,645 42,047
    DELUXE CORP COM 72,221 191,419
    DEVON ENERGY CORP NEW COM    
    DIAGEO P L C SPON ADR NEW 74,703 91,272
    DIEBOLD INC COM 189,364 207,840
    DOUGLAS DYNAMICS INC COM 130,737 197,156
    DUPONT E I DE NEMOURS & CO COM 118,932 147,880
    EASTGROUP PPTY INC COM 123,859 158,300
    EMC CORP MASS COM 195,469 228,998
    EMERSON ELECTRIC CO 84,817 84,817
    EOG RES INC 46,682 46,744
    EOG RES INC COM 113,160 191,045
    FEDERAL FARM CR BKS 5.1% DUE 9 57,871 57,622
    FEDERAL HOME LOAN BANKS 1% DU    
    FIDELITY NATIONAL FINANCIAL IN 85,533 144,690
    FINANCING-FED BK ENTY PRIN ST 95,874 96,474
    FIRST NIAGARA FINL GP INC COM    
    FIRSTMERIT CORP COM 193,766 219,124
    GALLAGHER ARTHUR J & CO COM 240,387 247,170
    GENERAL ELEC CAP CORP MTN BE 2 70,086 70,778
    GENERAL ELECTRIC CO COM 187,804 217,322
    GLAXOSMITHKLINE CAP PLC 29,844 30,001
    GREIF INC CL A 145,743 142,871
    HALLIBURTON CO COM 105,758 120,940
    HARBOR INTERNATIONAL FUND 653,000 727,162
    HILLENBRAND INC COM 178,439 212,175
    HOME DEPOT INC COM 83,813 173,200
    HONEYWELL INTL INC 44,287 44,645
    HORACE MANN EDUCATORS CORP NEW 104,406 199,080
    IBERIABANK CORP COM 104,039 129,700
    INGREDION INC COM 197,468 241,794
    INTEL CORP COM 159,425 227,720
    INTERNATIONAL BUSINESS MACHS 30,103 30,141
    JOHNSON & JOHNSON COM 133,635 214,368
    JOHNSON CTLS INC 34,211 34,559
    KNOLL INC COM NEW 145,391 177,828
    LANCASTER COLONY CORP COM 180,006 234,100
    LITTON INDS 6.75% 28,411 28,589
    LOCKHEED MARTIN CORP 37,865 38,115
    MARSH & MCLENNAN COS INC COM 130,713 231,822
    MCCORMICK & CO INC 36,182 36,512
    MCKESSON CORP NEW    
    MEREDITH CORP 178,863 200,984
    MEREK & CO    
    MICROSOFT CORP COM 125,001 190,445
    MID-AMER APT CMNTYS INC COM 183,933 209,104
    MINE SAFETY APPLIANCES CO COM 121,984 167,234
    NATIONAL RURAL UTILS COOP FIN 32,445 32,775
    NATIONAL SEMICONDUCTOR 6.6% 43,893 43,882
    NEW YORK ST MTG AGY HOMEOWNER 50,000 51,627
    NORTHERN TR CORP 4.625% DUE 5/    
    NORTHROP GRUMMAN CORP    
    NSTAR ELEC CO    
    OCCIDENTAL PETE 203,738 193,464
    ONE GAS INC 180,711 177,246
    OPPENHEIMER DEVELOPING MKT 473,000 506,226
    ORACLE    
    PACWEST BANCORP DEL COM 103,175 177,294
    PEPSICO INC 7.90% DUE 11/1/201 36,272 36,498
    PETROLEOS MEXICANOS 2.00% DUE 40,000 39,465
    PORTLAND GEN ELEC CO COM NEW 116,408 170,235
    PPG INDS INC 7.37% DUE 6/1/16    
    PROCTOR AND GAMBLE 195,389 209,507
    PUBLIC SVC ELEC & GAS CO 45,220 45,484
    RAYTHEON CO 6.75% DUE 3/15/18 40,580 40,417
    RESOLUTION FDG CORP 8.125% DUE 95,962 96,703
    ROYAL BK CDA 1.20% DUE 9/19/20 74,995 74,572
    ROYAL BK OF CDA BD CDS 1.03% D    
    ROYAL DUTCH SHELL 182,641 146,076
    SANOFI 50,809 51,213
    SENSIENT TECHNOLOGIES CORP COM 92,370 150,850
    SMALL BUSINESS ADMIN GTD P    
    SMUCKER J M CO COM NEW    
    SONOCO PRODS CO COM    
    STRYKER CORP COM 107,737 188,660
    TAL INTL GROUP INC COM    
    TEXAS INSTRS INC COM 196,236 320,790
    TIFFANY & CO NEW COM 111,911 213,720
    TOTAL CAPITAL 30,370 30,536
    UIL HLDG CORP COM 159,427 189,399
    UNION PACIFIC 5.75% 33,417 33,508
    UNITED PARCEL SERVICE INC CL B 101,659 144,521
    UNITED PARCEL SVC AMER INC 49,876 50,303
    UNITED STATES TREAS BDS 7.5% D 67,142 67,631
    UNITED STATES TREAS NTS .5% 110,070 108,140
    UNITED STATES TREAS NTS 1.625% 61,123 59,342
    UNITED TECHNOLOGIES CORP 51,059 51,759
    VERIZON COMMUNICATIONS INC COM 162,128 182,442
    WEST PHARMACEUTICAL SVSC INC CO    
    XTRA FIN CORP 5.15% DUE 4/1/20 48,180 48,638
    UNITED STATES TREAS NTS 1.87% 30,649 30,701

    TY 2014 OtherDecreasesSchedule
    Name:
    FRED AND MARY GODLEY FAMILY
    FOUNDATION
    EIN: 45-6465021
    Description Amount
       


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    FRED AND MARY GODLEY FAMILY
    FOUNDATION
    EIN: 45-6465021
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CUSTODY FEES 4,305 4,305 4,305  
    INVESTMENT MANAGEMENT FEES 65,583 65,583 65,583  


    TY 2014 SubstantialContributorsSch
    Name:
    FRED AND MARY GODLEY FAMILY
    FOUNDATION
    EIN: 45-6465021
    Name Address
    FREDERICK A GODLEY JR 3 SANDPIPER COVE
    PONTE VEDRA BEACH,FL32082