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
R G ATKINS EDUCATIONAL TRUST
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2907 - TRUST TAX DEPT   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILSON, NC278942907
A Employer identification number

54-6426032
B Telephone number (see instructions)

(252) 246-4637
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$977,344J 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      
4 Dividends and interest from securities...... 21,131 21,131  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 55,094
b Gross sales price for all assets on line 6a 241,239
7 Capital gain net income (from Part IV, line 2)... 55,094
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 76,225 76,225  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 16,984 16,984    
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... 500 500    
c Other professional fees (attach schedule).... 2,030 2,030   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 2,632 727   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... 103 103   103
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 22,249 20,344 0 103
25 Contributions, gifts, grants paid........ 68,500 68,500
26 Total expenses and disbursements. Add lines 24 and 25 90,749 20,344 0 68,603
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -14,524
b Net investment income (if negative, enter -0-) 55,881
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............... 50 33 33
2 Savings and temporary cash investments.......... 35,440 37,222 37,222
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 21,341 Click to see attachment21,341 21,437
b Investments—corporate stock (attach schedule)........ 387,051 Click to see attachment383,383 516,519
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)........... 394,945 Click to see attachment382,342 402,133
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) 838,827 824,321 977,344
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......... 838,827 824,321
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)...... 838,827 824,321
31 Total liabilities and net assets/fund balances (see instructions).. 838,827 824,321
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)............... 1 838,827
2 Enter amount from Part I, line 27a..................... 2 -14,524
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 19
4 Add lines 1, 2, and 3.......................... 4 824,322
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 1
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 824,321
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 320. BG GROUP PLC SPON ADR     2014-03-28
b 60. BROADRIDGE FINANCIAL SOLUTIONS LLC COMMO   2012-01-31 2014-03-28
c 25. CENTENE CORP   2012-01-31 2014-03-28
d 33. ECOLABS INC     2014-03-28
e 55. FLOWSERVE CORP COM   2012-01-31 2014-03-28
170. GAZPROM   2012-06-28 2014-03-28
4. GOOGLE INC CL A   2008-11-25 2014-03-28
20. INTERCONTINENTALEXCHANGE COMMON GROUP     2014-03-28
130. NAT'L INSTRUMENTS CORP COMMON     2014-03-28
70. NOKIAN RENKAAT OYJ   2013-04-01 2014-03-28
891.707 PIMCO LOW DURATION INSTITUTIONAL   2013-12-10 2014-03-28
169.375 PIMCO TOTAL RETURN FUND 35   2011-07-11 2014-03-28
343.33 PIMCO COMMODITY REAL RETURN STRATEGY INS   2012-01-31 2014-03-28
65. TRINITY INDS INC   2012-01-31 2014-03-28
25. PENTAIR LTD COMMON   2012-04-25 2014-03-28
.85 BLACKHAWK NETWORK HOLDINGS I COMMON -B   2014-04-15 2014-05-06
70. ALTERA CORP COM   2013-04-01 2014-06-18
32. BLACKHAWK NETWORK HOLDINGS I COMMON -B     2014-06-18
60. FRESENIUS MED CARE   2012-06-28 2014-06-18
119. ITAU UNIBANCO BANCO MULTIPLO SA     2014-06-18
30. JGC CORPORATION   2014-03-28 2014-06-18
35. MCCORMICK & CO INC COM     2014-06-18
60. PALL CORPORATION COMMON     2014-06-18
200. SAFEWAY INC     2014-06-18
35. SAP AKTIENGESELLSCHAFT     2014-06-18
25. SCRIPPS NETWORKS INTERACTIVE CL A COMMON   2012-01-31 2014-06-18
40. COVIDIEN PLC   2012-01-31 2014-06-18
158.969 ARTISAN INTERNATIONAL SMALL CAP FUND # 1     2014-06-20
1473.297 DOUBLELINE TOTAL RETURN BOND FUND   2013-06-18 2014-06-20
70. FUCHS PETROLU SE-PREF ADR   2014-06-18 2014-06-20
35. HANESBRANDS INC COMMON   2013-06-18 2014-06-20
201.405 HARBOR INTERNATIONAL FUND     2014-06-20
524.29 PIMCO COMMODITY REAL RETURN STRATEGY INS   2012-01-31 2014-06-20
25. PROCTOR AND GAMBLE COMPANY   1998-08-26 2014-06-20
50. TRINITY INDS INC   2012-01-31 2014-06-20
35. COVIDIEN PLC   2012-01-31 2014-06-20
50. LAZARD LTD   2012-04-25 2014-06-20
120. UTILITIES SELECT SECTOR SPDR FUND   2010-06-30 2014-07-28
.5 TIMKENSTEEL CORP COMMON   2012-01-31 2014-07-30
.3 L'AIR LIQUIDE-UNSPONS ADR COMMON   2012-11-27 2014-07-31
.1 ITAU UNIBANCO BANCO MULTIPLO SA   2012-06-28 2014-08-05
35. BORGWARNER AUTOMOTIVE INC COMMON   2012-11-27 2014-09-05
20. DANAHER CORP COMMON   2013-06-18 2014-09-05
35. ICICI BANK LIMITED SPONS ADR   2012-05-23 2014-09-05
140. MEADWESTVACO CORP.     2014-09-05
25. NOBLE ENERGY INC   2010-06-30 2014-09-05
134.891 PIMCO PIMS FOREIGN BOND FUND   2013-06-18 2014-09-05
40. SCRIPPS NETWORKS INTERACTIVE CL A COMMON   2012-01-31 2014-09-05
100. TESCO PLC SPONS ADR   2012-11-27 2014-09-05
180. URS CORP NEW     2014-09-05
80. LAZARD LTD     2014-09-05
60. ARM HOLDINGS PLC -SPONS ADR     2014-12-09
36. CENTENE CORP     2014-12-09
10. ENN ENERGY HOLDINGS -UNSP ADR   2014-03-28 2014-12-09
14. HANESBRANDS INC COMMON   2014-09-05 2014-12-09
4. HANESBRANDS INC COMMON   2013-06-18 2014-12-09
40. J. B. HUNT   2012-11-27 2014-12-09
85. NUCOR CORPORATION   2013-09-19 2014-12-09
16. O'REILLY AUTOMOTIVE INC COMMON   2012-11-27 2014-12-09
2375.853 PIMCO LOW DURATION INSTITUTIONAL   2013-12-10 2014-12-09
70. PROCTOR AND GAMBLE COMPANY   1998-08-26 2014-12-09
25. SANDS CHINA LTD   2014-03-28 2014-12-09
60. SANOFI-AVENTIS SPONSORED ADR     2014-12-09
40. SASOL LTD SPONSORED ADR   2013-06-18 2014-12-09
75. TEXAS INSTRUMENTS INCORPORATED   2012-01-31 2014-12-09
15. TIMKENSTEEL CORP COMMON   2013-12-10 2014-12-09
42. TIMKENSTEEL CORP COMMON     2014-12-09
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 5,905   6,961 -1,056
b 2,182   1,432 750
c 1,541   1,120 421
d 3,508   2,164 1,344
e 4,193   2,023 2,170
1,241   1,547 -306
4,484   1,096 3,388
3,921   2,514 1,407
3,697   3,379 318
1,420   1,560 -140
9,211   9,247 -36
1,824   1,870 -46
2,029   2,355 -326
4,610   2,044 2,566
1,936   1,097 839
20   21 -1
2,430   2,465 -35
796   777 19
1,921   2,036 -115
1,740   1,689 51
1,832   2,096 -264
2,517   1,790 727
5,079   3,502 1,577
6,791   4,428 2,363
2,721   2,529 192
2,003   1,086 917
3,588   1,885 1,703
4,396   2,942 1,454
16,192   16,575 -383
798   911 -113
3,077   1,816 1,261
15,079   11,997 3,082
3,209   3,597 -388
1,997   1,163 834
2,124   786 1,338
3,162   1,650 1,512
2,606   1,297 1,309
5,162   3,425 1,737
21   14 7
8   7 1
2   1 1
2,192   1,140 1,052
1,533   1,267 266
1,910   981 929
5,951   3,872 2,079
1,768   763 1,005
1,504   1,433 71
3,196   1,738 1,458
1,116   1,546 -430
10,827   7,323 3,504
4,328   1,861 2,467
2,698   2,073 625
3,573   1,571 2,002
1,471   1,705 -234
1,532   1,510 22
438   208 230
3,212   2,414 798
4,627   4,331 296
3,077   1,480 1,597
24,448   24,638 -190
6,332   3,257 3,075
1,266   1,859 -593
2,765   3,289 -524
1,421   1,730 -309
4,137   2,403 1,734
491   457 34
1,375   1,313 62
      3,876
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       -1,056
b       750
c       421
d       1,344
e       2,170
      -306
      3,388
      1,407
      318
      -140
      -36
      -46
      -326
      2,566
      839
      -1
      -35
      19
      -115
      51
      -264
      727
      1,577
      2,363
      192
      917
      1,703
      1,454
      -383
      -113
      1,261
      3,082
      -388
      834
      1,338
      1,512
      1,309
      1,737
      7
      1
      1
      1,052
      266
      929
      2,079
      1,005
      71
      1,458
      -430
      3,504
      2,467
      625
      2,002
      -234
      22
      230
      798
      296
      1,597
      -190
      3,075
      -593
      -524
      -309
      1,734
      34
      62
       
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 55,094
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 61,295 963,779 0.063599
2012 59,640 900,256 0.066248
2011 61,020 938,990 0.064985
2010 59,212 940,803 0.062938
2009 58,999 878,679 0.067145
2 Total of line 1, column (d) ...................... 2 0.324915
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 0.064983
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 990,554
5 Multiply line 4 by line 3....................... 5 64,369
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 559
7 Add lines 5 and 6......................... 7 64,928
8 Enter qualifying distributions from Part XII, line 4.............. 8 68,603
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 1 559
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........................... 3 559
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- ..... 5 559
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 1,412
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,412
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 853
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet560 RefundedBullet 11 293
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)
    bulletVA
    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 ofbulletBRANCH BANKING AND TRUST COMPANY Telephone no.bullet (276) 666-3103
    Located atbulletP O BOX 5228MARTINSVILLEVA ZIP+4bullet24115
    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
     
    No
    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
    BRANCH BANKING AND TRUST COMPANY TRUSTEE
    1     		16,984    
    P O BOX 5228
    MARTINSVILLE,VA24115
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    973,293
    b
    Average of monthly cash balances.......................
    1b
    32,346
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,005,639
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    1,005,639
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    15,085
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    990,554
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    49,528
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    49,528
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    559
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    559
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    48,969
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    48,969
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    48,969
    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
    68,603
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    68,603
    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
    559
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    68,044
    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 48,969
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:2012, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 15,267
    b From 2010....... 13,760
    c From 2011....... 15,082
    d From 2012....... 16,455
    e From 2013....... 14,515
    fTotal of lines 3a through e......... 75,079
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 68,603
    a Applied to 2013, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2014 distributable amount..... 48,969
    e Remaining amount distributed out of corpus 19,634
    5 Excess distributions carryover applied to 2014. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 94,713
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		15,267
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		79,446
    10 Analysis of line 9:
    a Excess from 2010.... 13,760
    b Excess from 2011.... 15,082
    c Excess from 2012.... 16,455
    d Excess from 2013.... 14,515
    e Excess from 2014.... 19,634
    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 e-mail address of the person to whom applications should be addressed:
    BRANCH BANKING AND TRUST COMPANY
    P O BOX 5228
    MARTINSVILLE,VA24115
    (276) 666-3103
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION TO SUBMITTED BY ABOVE IN 2(A).
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    PREFERENCE TO STUDENTS FROM MARTINSVILLE & HENRY CO., VIRGINIA, INCLUDING CHILDREN OF OFFICERS & EMPLOYEES OF BB&T, NOT LIMITED TO LOCALITIES IF FUNDS ARE AVAILABLE.
    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
    CASSIDY MYCHAL AGEE
    LYNCHBURG COLLEGE
    LYNCHBURG,VA24501     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    WESLEY TYLER ALLEN
    PATRICK HENRY COMMUNITY COLLEGE
    MARTINSVILLE,VA24112     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    RENAE LAURA ANKENY
    JEFFERSON COLLEGE OF HEALTH
    ROANOKE,VA24013     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    LUKE THOMAS ASHWORTH
    AND PATRICK HENRY COMM COLLEGE
    645 PATRIOT AVENUE
    MARTINSVILLE,VA24112     		NONE N/A SCHOLARSHIP & EDUCATIONAL 1,000
    JASMINE LYNNE BOARDWINE
    PATRICK HENRY COMMUNITY COLLEGE
    MARTINSVILLE,VA24112     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    LESLIE COLE BOWERS
    RADFORD UNIVERSITY
    RADFORD,VA24142     		NONE N/A SCHOLARSHIP & EDUCATIONAL 500
    ASHLEIGH ELIZABETH BUCK
    TEXAS AM UNIVERSITY - GALVESTON
    GALVESTON,TX77554     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    ORION SHAFER BYE
    UNIVERSITY OF VIRGINIA
    CHARLOTTESVILLE,VA22904     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    JALAEN DEANDRE HODGE
    PATRICK HENRY COMMUNITY COLLEGE
    MARTINSVILLE,VA24112     		NONE N/A SCHOLARSHIP & EDUCATIONAL 1,000
    JOHN CULLEN MORAN
    UNC AT CHARLOTTE
    CHARLOTTE,NC28223     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    YASELLY VANESSA SANCHEZ
    UNIVERSITY OF VIRGINIA
    CHARLOTTESVILLE,VA22904     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    MATTHEW AUSTIN TURNER
    JAMES MADISON UNIVERSITY
    HARRISONBURG,VA22807     		NONE N/A SCHOLARSHIP & EDUCATIONAL 1,500
    MICHAEL DOUGLAS CHAVEZ
    UNIVERSITY OF VIRGINIA
    CHARLOTTESVILLE,VA22904     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    JORDAN MICHAELA COCHRAN
    LENOIR-RHYNE UNIVERSITY
    HICKORY,NC28603     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    TAYLOR NICOLE CORNS
    PATRICK HENRY COMMUNITY COLLEGE
    MARTINSVILLE,VA24112     		NONE N/A SCHOLARSHIP & EDUCATIONAL 500
    JENNIFER MICHELLE CURRY
    PATRICK HENRY COMMUNITY COLLEGE
    MARTINSVILLE,VA24112     		NONE N/A SCHOLARSHIP & EDUCATIONAL 500
    KIANA KAMIL DILLARD
    GEORGE MASON UNIVERSITY
    FAIRFAX,VA22030     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    AUSTIN HUNTER DUNFORD
    DANVILLE COMMUNITY COLLEGE
    DANVILLE,VA24541     		NONE N/A SCHOLARSHIP & EDUCATIONAL 1,500
    CARLY PAGE EANES
    JAMES MADISON UNIVERSITY
    HARRISONBURG,VA22807     		NONE N/A SCHOLARSHIP & EDUCATIONAL 1,500
    HANNAH ELISE FINNEY
    STATE UNIVERSITY OF NEW YORK
    OSWEGO,NY13126     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    HAILEY RENEE HELBERT
    LIBERTY UNIVERSITY
    LYNCHBURG,VA24515     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    LINDSAY TAYLOR ISERNIA
    VIRGINIA TECH
    BLACKSBURG,VA24061     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    KINSEY MARIAH JOHNSON
    PATRICK HENRY COMMUNITY COLLEGE
    MARTINSVILLE,VA24112     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    KOBY DAYNE JOHNSON
    RADFORD UNIVERSITY
    RADFORD,VA24141     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    CHIPPER NICKLAUS JONES
    VIRGINIA TECH
    BLACKSBURG,VA24061     		NONE N/A SCHOLARSHIP & EDUCATIONAL 500
    CARLA LYNN LACKEY
    GEORGE MASON UNIVERSITY
    FAIRFAX,VA22030     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    ELIZABETH HANNAH LAPRADE
    JAMES MADISON UNIVERSITY
    HARRISONBURG,VA22807     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    ANDREW DOUGLAS LYNCH
    UNIVERSITY OF VIRGINIA
    CHARLOTTESVILLE,VA22904     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    HELEN MONTREA DANIELLE MARTIN
    UNIVERSITY OF VIRGINIA
    CHARLOTTESVILLE,VA22904     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    ERIN PAIGE MAYS
    EASTERN MEMMONITE UNIVERSITY
    HARRISONBURG,VA22802     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    CODY WORTH MCVEY
    BOSTON CONSERVATORY
    BOSTON,MA02115     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    ERIKA MILLNER
    UNIVERSITY OF VIRGINIA
    CHARLOTTESVILLE,VA22904     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    AUSTIN REID PARKER
    VIRGINIA TECH
    BLACKSBURG,VA24061     		NONE N/A SCHOLARSHIP & EDUCATIONAL 1,000
    CAITLIN HOPE PIKE
    PATRICK HENRY COMMUNITY COLLEGE
    MARTINSVILLE,VA24112     		NONE N/A SCHOLARSHIP & EDUCATIONAL 1,000
    DANIEL EAN ROBINSON
    VIRGINIA TECH
    BLACKSBURG,VA24061     		NONE N/A SCHOLARSHIP & EDUCATIONAL 1,500
    SARAH KATHERINE SCOTT
    EMORY AND HENRY COLLEGE
    EMORY,VA24327     		NONE N/A SCHOLARSHIP & EDUCATIONAL 1,500
    MICHAEL ALLEN SEXTON
    PATRICK HENRY COMMUNITY COLLEGE
    MARTINSVILLE,VA24112     		NONE N/A SCHOLARSHIP & EDUCATIONAL 1,500
    CARRIE NICOLE SHOEMAKER
    JAMES MADISON UNIVERSITY
    HARRISONBURG,VA22807     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    NYOMI SHARDAUS TARPLEY
    LYNCHBURG COLLEGE
    LYNCHBURG,VA24501     		NONE N/A SCHOLARSHIP & EDUCATIONAL 1,500
    ALICIA MAE TOLLIVER
    PATRICK HENRY COMMUNITY COLLEGE
    MARTINSVILLE,VA24112     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    TRISTAN BROOKE WOOLDRIDGE
    PATRICK HENRY COMMUNITY COLLEGE
    MARTINSVILLE,VA24112     		NONE N/A SCHOLARSHIP & EDUCATIONAL 2,000
    Total .................................bullet 3a 68,500
    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 ............     		         
    4 Dividends and interest from securities....     14 21,131  
    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 55,094  
    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)..   76,225  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1376,225
    (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.)
    11 0
    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 InvestmentsCorpStockSchedule
    Name:
    R G ATKINS EDUCATIONAL TRUST
    EIN: 54-6426032
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES 3,504 4,952
    ADT CORP 6,457 7,608
    BAYERISCHE MOTOREN WERKE ADR 3,224 3,621
    CHEVRON CORP 900 2,131
    CLEAN HARBORS INC 10,962 9,610
    THE WALT DISNEY COMPANY 500 2,826
    FUCHS PETROLU SE-PREF AR 1,024 705
    JGC CORPORATION 3,143 1,871
    INTUIT INC 5,726 8,758
    MICROCHIP TECHNOLOGY INC 3,890 4,060
    POLARIS INDUSTRIES 3,136 6,050
    PROCTOR AND GAMBLE 1,024 2,004
    SCHLUMBERGER LTD 4,992 9,310
    TARGET CORP 558 1,898
    TJX COMPANIES 8,194 9,601
    UNILEVER PLC-SPNS ADR 1,537 1,619
    TAIWAN SEMICONDUCTOR MANU CO 5,070 6,714
    US BANCORP 6,368 7,192
    BAIDU INC 1,545 3,648
    EBAY INC 6,624 6,734
    CIMAREX ENERGY CO 1,654 3,180
    DANAHER CORP 6,686 10,285
    GOOGLE INC    
    JOHNSON & JOHNSON 1,149 2,091
    NEWELL RUBBERMAID INC 8,999 12,570
    PALL CORPORATION    
    THE TRAVELERS COMPANIES INC 693 2,117
    WPP PLC ADR 3,291 4,685
    TIDEWATER INC 8,911 6,320
    AGCO CORPORATION 5,356 7,458
    ABBVIE INC 975 2,618
    AIA GROUP LTD 3,159 4,674
    ALLIANCE DATA SYSTEMS 3,305 3,433
    ATLAS COPCO AB SONS 1,330 2,511
    BANCO BILBAO VIZCAYA - SP ADR 1,775 1,315
    BG GROUP PLC SPON ADR 4,125 3,507
    BECTON DICKINSON & CO 4,928 9,045
    DBS GROUP HLDGS LTD SPON ADR 1,510 2,176
    COCA COLA COMPANY 1,008 1,689
    COSTCO WHOLESALE CORP 5,214 6,237
    FANUC LTD ADR 3,634 3,604
    HANESBRANDS INC 4,629 9,041
    J B HUNT    
    INTERCONTINENTALEXCHANGE INC 6,615 8,333
    LINDE AG SPON ADR 1,508 1,493
    MITSUBISHI ESTATE COMPANY LTD 2,170 1,705
    KRAFT FOODS INC - A 583 1,253
    ITAU UNIBANCO BANCO MULTIPLO 2,956 3,331
    MALLINCKRODT PLC 482 1,287
    NUCOR CORPORATION    
    NESTLE SA 4,601 6,975
    NOBLE ENERGY INC 2,747 4,269
    NOW INC/DE 4,854 5,403
    O'REILLY AUTOMOTIVE INC 1,480 3,082
    PRAXAIR INC 3,984 4,923
    ROBERT HALF INTL INC 6,017 8,173
    RYANAIR HOLDINGS PLC 2,918 4,276
    SADOL LTD SPONS ADR    
    SYSMEX CORP 1,496 2,248
    SAFEWAY INC    
    TW TELECOM INC    
    WESTERN UNION COMPANY 8,661 9,313
    L'OREAL SA ADR 1,684 2,360
    THOR INDS INC 3,216 5,866
    TESCO PLC SPONS ADR    
    L'AIR LIQUIDE-UNSPONS ADR 4,895 5,824
    ALLIANZ 2,834 4,820
    ALTERA CORP    
    AMERICAN EXPRESS COMPANY 6,670 10,234
    ARM HOLDINGS PLC-SPONS ADR 1,293 2,315
    BORGWARNER AUTO INC 1,792 3,022
    BROADRIDGE FINANCIAL SOLUTIONS 4,438 9,236
    CSL LIMITED ADR 1,657 3,547
    CARBO CERAMICS INC 2,483 2,804
    CANADIAN NATL RY CO 3,114 5,513
    CENTENE CORP 3,201 8,723
    CHICAGO BRIDGE & IRON CO 6,403 6,297
    DARLING INTERNAT'L INC 7,605 8,535
    DASSAULT SYSTEMS 4,309 5,382
    ECOLAB INC 1,086 1,777
    FLOWSERVE CORP 6,585 8,316
    FRESENIUS USA INC 1,692 1,857
    GAZPROM    
    GRAINGER W.W. INC 4,796 5,608
    ICICI BANK LIMITED SPONS ADR 2,262 3,754
    IDEX CORP 4,503 8,562
    IMPERIAL OIL LTD 3,317 3,442
    LVMH MOET-HENNESSEY UNSPON 1,645 1,600
    LEVEL 3 COMMUNICATIONS INC 1,803 2,074
    MASTERCARD INC 1,416 3,446
    MCCORMICK & COMPANY INC    
    MEADWESTVACO CORP 1,038 1,776
    MILLER HERMAN INC 2,240 3,532
    MURPHY US INC 5,551 6,542
    MTN GROUP LTD ADR 1,715 1,914
    NAT'L INSTRUMENTS    
    NEWFIELD EXPLORATION CO 7,251 6,780
    NORTHEAST UTILITIES 5,768 6,155
    NOVO-NORDISK A S ADR 1,684 2,539
    NOVOZYMES A/S UNSPONS 1,694 2,533
    OGE ENERGY CORP 3,721 4,967
    PROGRESSIVE CORP 6,452 8,367
    ROCHE HOLDING LTD ADR 6,922 10,865
    SAP SE ADR 2,402 2,786
    SCHNEIDER ELECTRIC SA 2,248 2,640
    SCRIPPS NETWORKS INTERACTIVE    
    SYMRISE AG ADR 1,636 1,820
    JM SMUCKER CO 3,698 4,544
    SWATCH GROUP AG 1,645 1,565
    TEXAS INSTRUMENTS 5,585 9,356
    SVENSKA HANDELSB-A 1,714 1,639
    3M COMPANY 4,788 9,038
    THE TIMKEN COMPANY 6,005 6,615
    TRINITY INDUSTRIES 2,436 5,042
    TRINITY INDUSTRIES    
    TURKIYE GARANTI BANKASI A.S. 3,011 3,426
    URS CORP    
    UNICHARM CORP 1,532 2,186
    UNILEVER N V NY 5,899 6,246
    XINYI GLASS HOLDINGS LTD 1,610 1,412
    BUNGE LIMITED 3,355 4,546
    COVIDIEN PLC    
    LAZARD LTD    
    PENTAIR LTD 3,418 5,646
    SANOFI SYNTHELOABO SA-ADR 1,885 1,596
    NOKIAN RENKAAT OYJ    

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    R G ATKINS EDUCATIONAL TRUST
    EIN: 54-6426032
    US Government Securities - End of Year Book Value:

    21,341
    US Government Securities - End of Year Fair Market Value:

    21,437
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2014 InvestmentsOtherSchedule2
    Name:
    R G ATKINS EDUCATIONAL TRUST
    EIN: 54-6426032
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    STERLING CAP SPEC OPP FD FMV 3,676 5,782
    HARBOR INTERNATIONAL FMV 45,504 51,933
    ISHARES RUSSELL 1000 GRWTH FMV 28,798 44,459
    DODGE & COX INCOME FUND FMV 19,146 21,277
    PIMCO COMMODITY REAL RETURN FMV 37,584 27,420
    ARTISAN INTERNATIONAL SM CAP AT COST 15,532 18,009
    FORWARD INTER SM COMP FD AT COST 1,107 1,564
    LAZARD EMERGING MKTS PORT INST AT COST 31,066 26,452
    UTILITIES SELECT SECTOR SPDR      
    PIONEER AMT FREE MUNI BOND FD AT COST 9,709 9,709
    STERLING CAP CORP FD AT COST 26,132 26,399
    HONG KONG EXCHANGES & CLEARING AT COST 1,592 1,993
    PIMCO TOT RETURN FD      
    OPPENHEIMER DEVELOPING MARKETS AT COST 27,734 27,686
    METROPOLITAN WEST TOT RET BD F AT COST 31,350 32,452
    DOUBLELINE TOTAL RET BD FD AT COST 11,394 11,192
    COHEN & STEERS REALTY AT COST 29,103 34,025
    PRUDENTIAL SHORT TERM CORP BD AT COST 12,925 12,787
    PIMCO FOREIGN BD FUND AT COST 5,547 5,625
    PIMCO LOW DURATION FUND AT COST 41,443 40,410
    GUGGENHEIM FLOAT RATE STRA-I AT COST 3,000 2,959

    TY 2014 OtherDecreasesSchedule
    Name:
    R G ATKINS EDUCATIONAL TRUST
    EIN: 54-6426032
    Description Amount
       


    TY 2014 OtherIncreasesSchedule
    Name:
    R G ATKINS EDUCATIONAL TRUST
    EIN: 54-6426032
    Description Amount