TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0052

2014

Open to Public Inspection

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

Name of foundation
ALLAN C & MARGARET L MIMS CHARITABLE TR

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 75000 Room/suite

City or town, state or province, country, and ZIP or foreign postal code
DETROIT, MI482757874

A Employer identification number

56-6207750

B Telephone number (see instructions)

(252) 467-4743

C If exemption application is pending, check here bullet

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

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

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

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

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

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

$1,249,143J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

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


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	23,749		23,749
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		153,945
b	Gross sales price for all assets on line 6a 563,280
7	Capital gain net income (from Part IV, line 2)...			153,945
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).......		425
12	Total. Add lines 1 through 11........	178,119		177,694
13	Compensation of officers, directors, trustees, etc.	19,605		6,844		12,760
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........		1,121			1,121
b	Accounting fees (attach schedule).......		900	450		450
c	Other professional fees (attach schedule)....		17,566	17,566		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		3,435	1,040		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).......		344	344
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	42,971		26,244	0	14,331
25	Contributions, gifts, grants paid........	64,500				64,500
26	Total expenses and disbursements. Add lines 24 and 25	107,471		26,244	0	78,831
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	70,648
b	Net investment income (if negative, enter -0-)			151,450
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2014)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	78,653	98,694	98,694
	3	Accounts receivable
		Less: allowance for doubtful accounts	2,000	0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........	711,798	765,830	963,261
	c	Investments—corporate bonds (attach schedule)........	191,412	189,984	187,188
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........			0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	983,863	1,054,508	1,249,143
	17	Accounts payable and accrued expenses..........
	18	Grants payable..................
	19	Deferred revenue..................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	983,863	1,054,508
	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)......	983,863	1,054,508
	31	Total liabilities and net assets/fund balances (see instructions)..	983,863	1,054,508

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	983,863
2	Enter amount from Part I, line 27a.....................	2	70,648
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	1,054,511
5	Decreases not included in line 2 (itemize)	5	3
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	1,054,508

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	44. HEWLETT PACKARD CO		2008-10-24	2014-01-08
b	20. AMERICAN EXPRESS CO		2010-05-17	2014-01-09
c	14. BERKSHIRE HATHAWAY CL B		2008-10-21	2014-01-09
d	3. GOOGLE INC CL A		2009-07-17	2014-01-09
e	22. OCCIDENTAL PETROLEUM CORP		2008-10-21	2014-01-14
	156. YAHOO JAPAN CORP ADR		2010-01-25	2014-01-15
	26. SANDS CHINA LTD UNSPONSORED ADR		2012-10-26	2014-01-17
	41. SAP AG SPONSORED ADR SAP AKTIENGESELLSCHAFT		2010-11-01	2014-01-22
	9. AMERIPRISE FINL INC		2008-10-21	2014-01-23
	2. AMERICAN EXPRESS CO		2008-10-21	2014-01-24
	44. BNP PARIBAS ADR		2010-11-01	2014-01-24
	62. SAMPO OYJ ADR		2010-08-19	2014-01-24
	55. AMERICAN EXPRESS CO		2010-10-05	2014-01-27
	14. VISA INC CL A		2009-07-17	2014-01-27
	39. VALEO ADR		2011-08-31	2014-01-28
	94. IRON MOUNTAIN INC		2010-10-08	2014-01-29
	13. AMERIPRISE FINL INC		2008-10-21	2014-01-31
	112. CVS CORPORATION (DEL)		2010-06-11	2014-01-31
	77. HENRY JACK & ASSOC INC		2010-11-01	2014-01-31
	27. TECHNE CORP		2010-11-01	2014-01-31
	75. COCA COLA CO		2010-05-24	2014-02-11
	28. LIXIL GROUP CORP ADR		2011-03-09	2014-02-12
	313. TULLOW OIL PLC ADR		2012-12-13	2014-02-13
	158. ABAXIS INC		2010-11-01	2014-02-18
	27. ADVISORY BOARD CO/THE		2010-11-01	2014-02-18
	82. ANSYS INC		2010-11-01	2014-02-18
	82. APTARGROUP INC		2010-11-01	2014-02-18
	90. BLACKBAUD INC		2010-11-01	2014-02-18
	209. BROWN & BROWN INC		2010-11-01	2014-02-18
	81. CLARCOR INC		2013-04-19	2014-02-18
	102. COHEN & STEERS INC		2010-11-01	2014-02-18
	116. COMPUTER PROGRAMS & SYS INC		2012-12-18	2014-02-18
	73. COPART INC		2013-06-25	2014-02-18
	197. COPART INC		2010-12-16	2014-02-18
	52. EXPONENT INC		2010-11-01	2014-02-18
	47. EXPONENT INC		2013-04-25	2014-02-18
	63. FACTSET RESEARCH SYSTEMS INC		2012-07-10	2014-02-18
	265. FEDERATED INVESTORS INC CL B		2010-11-01	2014-02-18
	175. HAEMONETICS CORP MASS		2010-11-01	2014-02-18
	130. HENRY JACK & ASSOC INC		2010-11-01	2014-02-18
	91. HIBBETT SPORTS INC		2013-11-15	2014-02-18
	138. HITTITE MICROWAVE CORP		2012-01-12	2014-02-18
	32. LANDSTAR SYSTEM INC		2013-10-31	2014-02-18
	87. LANDSTAR SYSTEM INC		2011-05-16	2014-02-18
	27. LINCOLN ELECTRIC HLDGS		2010-11-01	2014-02-18
	71. MORNINGSTAR INC		2013-01-24	2014-02-18
	6. NVR INC		2013-11-11	2014-02-18
	152. OWENS & MINOR INC HLDG CO		2012-03-30	2014-02-18
	67. POOL CORP COM		2010-11-01	2014-02-18
	134. RLI CORP		2011-06-06	2014-02-18
	285. RPC ENERGY SVCS INC		2013-01-10	2014-02-18
	74. RBC BEARINGS INC		2010-11-01	2014-02-18
	67. ROLLINS INC		2010-11-01	2014-02-18
	114. SIRONA DENTAL SYS INC		2014-01-31	2014-02-18
	70. TECHNE CORP		2010-11-01	2014-02-18
	131. TORO CO.		2012-07-10	2014-02-18
	111. VISTAPRINT NV		2014-02-12	2014-02-18
	6. IDEX CORP		2014-02-18	2014-02-21
	18. OGE ENERGY CORP		2014-02-18	2014-02-21
	15. TIMKEN CO		2014-02-18	2014-02-21
	41. TRINITY INDS INC		2014-02-18	2014-02-21
	2. PENTAIR LTD-REGISTERED		2014-02-18	2014-02-21
	5. ALLEGHANY CORP NEW		2013-04-12	2014-03-03
	95. MONSTER BEVERAGE CORP		2012-10-25	2014-03-03
	13. FLOWSERVE CORP		2014-02-18	2014-03-12
	26. THOR IND INC		2013-01-09	2014-03-12
	7. TRINITY INDS INC		2014-02-18	2014-03-12
	26. RYANAIR HLDGS PLC SPON ADR		2011-08-31	2014-03-20
	92. SANOFI-SYNTHELABO ADR		2010-11-11	2014-04-04
	55. NEWFIELD EXPLORATION CO		2014-02-18	2014-04-07
	173. SAFEWAY INC		2014-02-18	2014-04-07
	10. WALT DISNEY CO		2013-02-28	2014-04-10
	218. ATLANTIA SPA ADR		2011-01-14	2014-04-14
	75. GILEAD SCIENCES INC		2010-06-14	2014-04-15
	13. SIGNET JEWELERS LTD		2013-03-18	2014-04-21
	2. PHILIP MORRIS INTL INC		2004-08-04	2014-04-23
	3. APPLE COMPUTER INC		2012-11-09	2014-04-29
	16. BERKSHIRE HATHAWAY CL B		2011-01-13	2014-04-29
	110. PROGRESSIVE CORP		2012-07-16	2014-04-29
	29. CUMMINS ENGINE INC		2012-06-11	2014-04-30
	128. RED ELECTRICA CORPORACION SA ADR		2013-01-15	2014-04-30
	4. APPLE COMPUTER INC		2013-01-24	2014-05-07
	11. BERKSHIRE HATHAWAY CL B		2011-01-13	2014-05-07
	23. CLEAN HARBORS INC		2014-02-18	2014-05-07
	15. HANESBRANDS INC		2014-02-18	2014-05-07
	11. TRINITY INDS INC		2014-02-18	2014-05-07
	129. BED BATH & BEYOND INC		2013-04-12	2014-05-13
	22. VALEO ADR		2013-04-09	2014-05-14
	359.667 YAHOO JAPAN CORP ADR		2010-11-01	2014-05-14
	116.333 YAHOO JAPAN CORP ADR		2013-07-18	2014-05-14
	6. CENTENE CORP		2014-02-18	2014-05-22
	142. PROGRESSIVE CORP		2008-10-21	2014-05-22
	7. TRINITY INDS INC		2014-02-18	2014-05-22
	21. BROADRIDGE FINL SOLUTIONS INC		2014-02-18	2014-06-03
	27. NEWFIELD EXPLORATION CO		2014-02-18	2014-06-03
	53. SANOFI-SYNTHELABO ADR		2013-12-12	2014-06-03
	10. SANOFI-SYNTHELABO ADR		2009-02-11	2014-06-03
	.333 REXAM PLC SPONSORED ADR		2013-06-28	2014-06-06
	.25 NOW INC		2012-06-26	2014-06-10
	78. CANADIAN NATURAL RESOURCES LTD ADR		2013-04-12	2014-06-19
	16. LABORATORY CORP OF AMER HLDGS		2013-06-13	2014-06-30
	118. EXPERIAN GROUP LTD ADR		2012-08-13	2014-07-02
	21. MEADWESTVACO CORP		2014-02-18	2014-07-02
	40. NEWFIELD EXPLORATION CO		2014-02-18	2014-07-02
	71. TIMKENSTEEL CORP		2014-05-07	2014-07-02
	.5 TIMKENSTEEL CORP		2014-02-18	2014-07-07
	106. RED ELECTRICA CORPORACION SA ADR		2012-09-13	2014-07-09
	45. APPLE COMPUTER INC		2013-01-24	2014-07-10
	33. ASSOCIATED BRIT FOODS ADR		2012-12-13	2014-07-18
	90. HSBC HOLDINGS PLC-SPONS ADR		2013-05-13	2014-07-18
	58. NOVO NORDISK A S ADR		2013-07-12	2014-07-18
	2. HANESBRANDS INC		2014-02-18	2014-07-21
	18. OCCIDENTAL PETROLEUM CORP		2008-10-21	2014-07-21
	23. TIMKEN CO		2014-07-02	2014-07-21
	100. URS CORP		2014-03-12	2014-07-30
	6. EOG RESOURCES INC		2012-09-24	2014-08-06
	108. URS CORP		2014-02-18	2014-08-13
	5. ALLEGHANY CORP NEW		2013-04-12	2014-09-09
	56. AIR PRODUCTS & CHEMICAL INC		2013-02-21	2014-09-10
	6. AIR PRODUCTS & CHEMICAL INC		2013-12-19	2014-09-10
	54. PRUDENTIAL PLC ADR		2013-03-15	2014-09-16
	42. SANDS CHINA LTD UNSPONSORED ADR		2013-03-26	2014-09-17
	12. CENTENE CORP		2014-02-18	2014-09-19
	14. HANESBRANDS INC		2014-02-18	2014-09-19
	33. TRINITY INDS INC		2014-02-18	2014-09-19
	204. PETROLEUM GEO-SERVICES-ADR		2013-06-20	2014-09-24
	101. CVS CORPORATION (DEL)		2010-08-19	2014-10-01
	7. CENTENE CORP		2014-02-18	2014-10-02
	80. BAYERISCHE MOTOREN WERKE A G ADR		2013-09-11	2014-10-06
	36. COSTCO WHOLESALE CORP		2008-10-21	2014-10-08
	17. PERRIGO CO PLC		2013-12-20	2014-10-13
	42. BAYERISCHE MOTOREN WERKE A G ADR		2012-11-21	2014-10-14
	37. HARLEY DAVIDSON INC		2012-07-16	2014-10-14
	13. BROADRIDGE FINL SOLUTIONS INC		2014-02-18	2014-10-21
	19. DARLING INTL INC		2014-02-18	2014-10-21
	7. HANESBRANDS INC		2014-02-18	2014-10-21
	.795 LIBERTY MEDIA HLDG CORP		2014-01-22	2014-10-21
	41. WESTERN UN CO		2014-09-19	2014-10-21
	2. ASHTEAD GROUP PLC ADR		2014-07-07	2014-10-22
	9. ASSA ABLOY AB ADR		2010-03-03	2014-10-22
	14. ATLANTIA SPA ADR		2011-01-14	2014-10-22
	46. BANK NEW YORK MELLON CORP		2008-10-21	2014-10-22
	2. BAYER AG ADR		2013-07-05	2014-10-22
	31. BROOKFIELD ASSET MGMT INC CL A		2013-07-17	2014-10-22
	10. CARMAX INC		2013-12-19	2014-10-22
	23. COSTCO WHOLESALE CORP		2008-10-21	2014-10-22
	16. DAIWA HOUSE IND LTD ADR		2014-05-22	2014-10-22
	42. WALT DISNEY CO		2013-02-28	2014-10-22
	107.681 DODGE & COX INCOME FD		2011-11-25	2014-10-22
	18. EOG RESOURCES INC		2012-09-24	2014-10-22
	22. KDDI CORP ADR		2014-01-15	2014-10-22
	8. KOMATSU LTD ADR		2012-02-16	2014-10-22
	8. LABORATORY CORP OF AMER HLDGS		2013-06-13	2014-10-22
	32. LIBERTY MEDIA HLDG CORP INTERACTIVE SER		2014-01-22	2014-10-22
	3. LIXIL GROUP CORP ADR		2011-02-04	2014-10-22
	40. LOEWS CORP		2012-09-26	2014-10-22
	5. MAKITA CORP ADR NEW		2013-06-19	2014-10-22
	8. PHILIP MORRIS INTL INC		2004-08-04	2014-10-22
	4. REXAM PLC SPONSORED ADR		2013-06-28	2014-10-22
	3. SEVEN & I HLDGS CO LTD ADR		2013-04-08	2014-10-22
	10. SOFTBANK CORP ADR		2014-09-16	2014-10-22
	5. SWEDBANK A B ADR		2014-05-22	2014-10-22
	19. UNITEDHEALTH GROUP INC		2013-04-12	2014-10-22
	45. WELLS FARGO & CO NEW		2004-08-04	2014-10-22
	29. WOLSELEY PLC JERSEY SPONSORED ADR		2012-06-21	2014-10-22
	18. ADT CORP		2014-02-18	2014-10-23
	3. ANHEUSER BUSCH INBEV SA/NV ADR		2014-09-15	2014-10-23
	46. APPLE COMPUTER INC		2009-07-17	2014-10-23
	6. BNP PARIBAS ADR		2014-07-01	2014-10-23
	15. BERKSHIRE HATHAWAY CL B		2011-01-13	2014-10-23
	3. BHP LIMITED SPONS ADR		2012-10-19	2014-10-23
	3. BRITISH AMERN TOB PLC SPONSORED ADR		2010-11-01	2014-10-23
	4. CARBO CERAMICS INC		2014-10-02	2014-10-23
	8. CENTENE CORP		2014-02-18	2014-10-23
	85. E M C CORP		2013-05-21	2014-10-23
	11. FLOWSERVE CORP		2014-02-18	2014-10-23
	7. IDEX CORP		2014-05-07	2014-10-23
	43. LLOYDS TSB GROUP PLC SPON ADR		2014-05-02	2014-10-23
	6. M & T BANK CORP		2013-07-16	2014-10-23
	30. MEAD JOHNSON NUTRITION CO		2014-03-03	2014-10-23
	12. MEADWESTVACO CORP		2014-02-18	2014-10-23
	4. NOVARTIS A G ADR		2014-06-27	2014-10-23
	6. NOVO NORDISK A S ADR		2013-08-07	2014-10-23
	21. NOW INC		2012-06-26	2014-10-23
	9. OGE ENERGY CORP		2014-02-18	2014-10-23
	3. POLARIS INDUSTRIES INC		2014-02-18	2014-10-23
	6. PRUDENTIAL PLC ADR		2014-06-27	2014-10-23
	4. ROGERS COMMUNICATIONS INC CLASS B		2012-07-10	2014-10-23
	3. RYANAIR HLDGS PLC SPON ADR		2011-08-31	2014-10-23
	8. SAMPO OYJ ADR		2010-08-19	2014-10-23
	15. SCHLUMBERGER LTD		2012-06-04	2014-10-23
	5. SHIRE PHARMACEUTICALS GR ADR		2014-10-15	2014-10-23
	39. SUMITOMO MITSUI FIN-UNSP ADR SPONSORED A		2012-12-19	2014-10-23
	5. TEVA PHARMACEUTICAL INDUSTRIES LTD (ISRAEL) ADR		2014-07-17	2014-10-23
	9. THOR IND INC		2014-02-18	2014-10-23
	14. TIDEWATER INC		2014-07-21	2014-10-23
	13. TIMKEN CO		2014-07-02	2014-10-23
	6. UNILEVER PLC ADR		2010-11-01	2014-10-23
	8. PENTAIR PLC		2014-02-18	2014-10-23
	71. LIXIL GROUP CORP ADR		2012-03-09	2014-10-29
	68. NOVO NORDISK A S ADR		2013-08-07	2014-10-29
	76. UNILEVER PLC ADR		2010-11-01	2014-10-29
	78. SAP AG SPONSORED ADR SAP AKTIENGESELLSCHAFT		2010-04-21	2014-10-30
	21. IBM CORP		2014-09-26	2014-10-31
	691. LADBROKES PLC SPONSORED ADR		2013-07-17	2014-11-03
	22. PHILIP MORRIS INTL INC		2004-08-04	2014-11-12
	13. AGCO CORP		2014-07-21	2014-11-17
	23. BERKSHIRE HATHAWAY CL B		2012-02-16	2014-11-17
	12. BROADRIDGE FINL SOLUTIONS INC		2014-02-18	2014-11-17
	17. CLEAN HARBORS INC		2014-09-19	2014-11-17
	41. DARLING INTL INC		2014-02-18	2014-11-17
	7. HANESBRANDS INC		2014-02-18	2014-11-17
	38. WESTERN UN CO		2014-02-18	2014-11-17
	17. SIGNET JEWELERS LTD		2013-06-28	2014-11-19
	24. MONSANTO CO		2011-06-24	2014-11-25
	285. E M C CORP		2013-10-25	2014-11-26
	64. HSBC HOLDINGS PLC-SPONS ADR		2013-01-15	2014-11-26
	18. APPLE COMPUTER INC		2009-07-17	2014-12-04
	32. RYOHIN KEIKAKU CO LTD ADR		2014-09-22	2014-12-04
	24. CENTENE CORP		2014-02-18	2014-12-05
	9. POLARIS INDUSTRIES INC		2014-02-18	2014-12-05
	81. ENI S P A SPON ADR		2012-12-05	2014-12-09
	94. JAPAN TOB INC ADR		2014-10-29	2014-12-11
	16. ADT CORP		2014-02-18	2014-12-16
	9. AGCO CORP		2014-07-21	2014-12-16
	127. ACTIVISION BLIZZARD INC		2013-09-19	2014-12-16
	12. ACTIVISION BLIZZARD INC		2014-10-22	2014-12-16
	18. AIRBUS GROUP ADR		2013-10-03	2014-12-16
	15. AMERICAN EXPRESS CO		2008-10-21	2014-12-16
	3. ANHEUSER BUSCH INBEV SA/NV ADR		2014-09-15	2014-12-16
	3. ASHTEAD GROUP PLC ADR		2014-07-07	2014-12-16
	12. ASSA ABLOY AB ADR		2010-03-03	2014-12-16
	6. ASSOCIATED BRIT FOODS ADR		2012-12-13	2014-12-16
	19. ATLANTIA SPA ADR		2011-01-14	2014-12-16
	21. BG GROUP PLC SPON ADR		2011-09-07	2014-12-16
	10. BNP PARIBAS ADR		2014-07-01	2014-12-16
	49. BANK NEW YORK MELLON CORP		2008-10-21	2014-12-16
	4. BAYER AG ADR		2013-07-05	2014-12-16
	7. BAYERISCHE MOTOREN WERKE A G ADR		2011-02-08	2014-12-16
	10. BERKSHIRE HATHAWAY CL B		2012-02-16	2014-12-16
	3. BRITISH AMERN TOB PLC SPONSORED ADR		2009-10-29	2014-12-16
	9. BROADRIDGE FINL SOLUTIONS INC		2014-02-18	2014-12-16
	19. CANADIAN NATURAL RESOURCES LTD ADR		2013-12-19	2014-12-16
	133. CANADIAN NATURAL RESOURCES LTD ADR		2011-09-22	2014-12-16
	6. CARBO CERAMICS INC		2014-10-02	2014-12-16
	2. CENTENE CORP		2014-02-18	2014-12-16
	12. CHICAGO BRIDGE & IRON CO N.V. ADR		2014-02-18	2014-12-16
	5. CLEAN HARBORS INC		2014-09-19	2014-12-16
	55. COGNIZANT TECHNOLOGY SOLUTIONS		2013-04-22	2014-12-16
	23. COMPAGNIE FINANCIERE RICHEMONT A ADR		2014-06-27	2014-12-16
	3. COSTCO WHOLESALE CORP		2008-10-21	2014-12-16
	2. DAIKIN INDS LTD ADR		2014-08-28	2014-12-16
	3. ECOLAB INC		2014-10-10	2014-12-16
	20. EXPRESS SCRIPTS HLDG CO		2011-09-12	2014-12-16
	6. FLOWSERVE CORP		2014-02-18	2014-12-16
	27. FRESENIUS SE & CO KGAA SPONSORED ADR		2014-01-10	2014-12-16
	2. HANESBRANDS INC		2014-02-18	2014-12-16
	5. IDEX CORP		2014-02-18	2014-12-16
	18. INFORMA PLC -SP ADR		2011-02-02	2014-12-16
	16. KDDI CORP ADR		2014-10-29	2014-12-16
	1. LABORATORY CORP OF AMER HLDGS		2013-06-13	2014-12-16
	2. LAS VEGAS SANDS CORP		2014-01-23	2014-12-16
	8. LIBERTY MEDIA HLDG CORP INTERACTIVE SER		2014-01-22	2014-12-16
	97. LLOYDS TSB GROUP PLC SPON ADR		2014-05-02	2014-12-16
	7. MEADWESTVACO CORP		2014-02-18	2014-12-16
	22. MEDIOLANUM SPA ADR		2013-12-17	2014-12-16
	4. MICROSOFT CORP		2013-04-12	2014-12-16
	2. MOODY'S CORPORATION		2014-05-15	2014-12-16
	14. MURPHY USA INC		2014-10-21	2014-12-16
	36. NEWFIELD EXPLORATION CO		2014-10-21	2014-12-16
	5. NOVARTIS A G ADR		2010-11-01	2014-12-16
	5. NOVO NORDISK A S ADR		2013-11-06	2014-12-16
	6. OGE ENERGY CORP		2014-02-18	2014-12-16
	6. ORACLE CORPORATION		2013-04-05	2014-12-16
	13. PRUDENTIAL PLC ADR		2010-11-01	2014-12-16
	15. QUALCOMM INC		2014-07-29	2014-12-16
	5. QUEST DIAGNOSTICS INC		2014-11-03	2014-12-16
	14. RED ELECTRICA CORPORACION SA ADR		2013-10-07	2014-12-16
	9. REXAM PLC SPONSORED ADR		2013-06-28	2014-12-16
	5. ROGERS COMMUNICATIONS INC CLASS B		2012-07-10	2014-12-16
	6. ROLLS-ROYCE PLC ADR		2014-03-27	2014-12-16
	5. ROYAL DUTCH SHELL PLC-ADR A		2014-07-17	2014-12-16
	3. RYANAIR HLDGS PLC SPON ADR		2011-08-31	2014-12-16
	8. SAMPO OYJ ADR		2010-08-19	2014-12-16
	8. SCHWAB CHARLES CORP NEW		2014-10-22	2014-12-16
	1. SHIRE PHARMACEUTICALS GR ADR		2014-10-29	2014-12-16
	10. STERICYCLE INC		2010-04-14	2014-12-16
	24. SUMITOMO MITSUI FIN-UNSP ADR SPONSORED A		2012-12-19	2014-12-16
	7. SWATCH GROUP AG ADR		2012-11-12	2014-12-16
	8. SWEDBANK A B ADR		2014-10-29	2014-12-16
	3. SYSCO		2014-10-22	2014-12-16
	5. TEVA PHARMACEUTICAL INDUSTRIES LTD (ISRAEL) ADR		2014-07-17	2014-12-16
	3. TEXAS INSTRS INC		2013-04-12	2014-12-16
	4. THOR IND INC		2014-02-18	2014-12-16
	15. TIDEWATER INC		2014-07-21	2014-12-16
	7. TIMKEN CO		2014-07-02	2014-12-16
	17. TRINITY INDS INC		2014-10-21	2014-12-16
	11. ULTRA PETROLEUM CORP		2014-07-10	2014-12-16
	5. UNILEVER PLC ADR		2004-08-11	2014-12-16
	3. VALEANT PHARMACEUTICALS INTL INC		2014-03-14	2014-12-16
	5. VALEO ADR		2013-04-09	2014-12-16
	20. VARIAN MEDICAL SYSTEMS INC		2012-04-27	2014-12-16
	10. VISA INC CL A		2009-07-17	2014-12-16
	26. WELLS FARGO & CO NEW		2010-09-29	2014-12-16
	22. WESTERN UN CO		2014-02-18	2014-12-16
	48. WOLSELEY PLC JERSEY SPONSORED ADR		2012-06-21	2014-12-16
	6. WOLTERS KLUWER N V ADR		2014-10-31	2014-12-16
	5. PENTAIR PLC		2014-02-18	2014-12-16
	2. NXP SEMICONDUCTORS NV		2014-09-18	2014-12-16
	102. JAPAN TOB INC ADR		2014-10-29	2014-12-17
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,228	1,418	-190
b	1,771	820	951
c	1,616	1,139	477
d	3,386	1,289	2,097
e	2,024	1,071	953
	1,824	1,108	716
	2,167	1,013	1,154
	3,283	2,092	1,191
	1,013	235	778
	174	51	123
	1,707	1,580	127
	1,462	771	691
	4,748	2,110	2,638
	3,038	906	2,132
	2,169	1,139	1,030
	2,552	2,082	470
	1,370	339	1,031
	7,616	3,431	4,185
	4,308	2,097	2,211
	2,449	1,649	800
	2,903	1,987	916
	1,502	1,286	216
	1,972	2,923	-951
	6,163	3,733	2,430
	1,678	627	1,051
	6,758	3,692	3,066
	5,321	3,685	1,636
	2,942	2,271	671
	6,226	4,650	1,576
	4,605	3,958	647
	3,859	2,580	1,279
	8,144	5,393	2,751
	2,489	2,209	280
	6,718	3,671	3,047
	3,763	1,686	2,077
	3,401	2,485	916
	6,488	5,580	908
	7,296	6,598	698
	6,769	4,841	1,928
	7,522	3,541	3,981
	5,236	5,228	8
	7,870	7,135	735
	1,893	1,750	143
	5,146	4,027	1,119
	1,972	806	1,166
	5,785	4,681	1,104
	7,038	5,565	1,473
	5,393	4,638	755
	3,921	1,353	2,568
	5,699	3,896	1,803
	5,204	3,859	1,345
	4,692	2,452	2,240
	2,023	1,171	852
	7,953	7,943	10
	6,339	4,274	2,065
	8,742	4,412	4,330
	5,637	5,453	184
	442	438	4
	656	644	12
	885	891	-6
	2,772	2,464	308
	159	158	1
	1,925	1,947	-22
	6,924	4,486	2,438
	1,015	992	23
	1,524	1,043	481
	506	421	85
	1,427	700	727
	4,767	2,902	1,865
	1,771	1,423	348
	6,565	5,949	616
	799	547	252
	2,692	2,201	491
	5,085	1,307	3,778
	1,303	815	488
	167	50	117
	1,778	1,748	30
	2,054	1,293	761
	2,660	1,635	1,025
	4,363	2,888	1,475
	2,083	1,411	672
	2,361	2,049	312
	1,397	889	508
	1,365	1,260	105
	1,213	1,094	119
	851	661	190
	8,050	5,590	2,460
	1,404	591	813
	3,021	2,495	526
	977	1,279	-302
	424	368	56
	3,576	1,981	1,595
	582	421	161
	868	787	81
	982	698	284
	2,817	2,674	143
	531	304	227
	15	14	1
	8	6	2
	3,422	2,448	974
	1,638	1,602	36
	1,991	1,829	162
	925	762	163
	1,749	1,035	714
	2,951	2,494	457
	22	17	5
	1,802	1,034	768
	4,275	2,491	1,784
	1,608	810	798
	4,594	5,018	-424
	2,627	1,893	734
	194	146	48
	1,807	876	931
	1,114	1,143	-29
	5,787	4,457	1,330
	647	340	307
	6,363	4,781	1,582
	2,140	1,296	844
	7,246	4,921	2,325
	776	656	120
	2,486	1,847	639
	2,298	2,046	252
	980	736	244
	1,503	1,021	482
	1,662	991	671
	1,227	2,760	-1,533
	8,024	2,986	5,038
	557	429	128
	2,740	2,682	58
	4,616	2,060	2,556
	2,514	2,587	-73
	1,406	1,184	222
	2,108	1,057	1,051
	535	487	48
	341	379	-38
	743	510	233
	25	24	1
	672	677	-5
	125	130	-5
	223	89	134
	161	141	20
	1,679	1,426	253
	266	208	58
	1,422	1,150	272
	486	529	-43
	3,012	1,316	1,696
	286	292	-6
	3,671	1,645	2,026
	1,500	1,427	73
	1,666	683	983
	335	336	-1
	179	233	-54
	813	801	12
	798	767	31
	123	134	-11
	1,684	1,524	160
	256	307	-51
	700	201	499
	151	164	-13
	220	209	11
	337	405	-68
	128	132	-4
	1,716	1,200	516
	2,271	1,280	991
	149	116	33
	619	566	53
	325	344	-19
	4,818	996	3,822
	188	212	-24
	2,077	1,212	865
	177	215	-38
	325	218	107
	217	223	-6
	662	491	171
	2,354	2,052	302
	734	840	-106
	514	517	-3
	211	234	-23
	693	700	-7
	3,020	2,471	549
	509	435	74
	358	361	-3
	276	206	70
	611	469	142
	333	322	11
	448	396	52
	265	274	-9
	153	148	5
	163	79	84
	188	100	88
	1,474	912	562
	934	857	77
	292	278	14
	270	271	-1
	465	486	-21
	505	699	-194
	539	646	-107
	236	173	63
	535	631	-96
	2,954	3,085	-131
	2,977	2,323	654
	3,046	2,078	968
	5,128	3,703	1,425
	3,448	3,970	-522
	1,244	2,260	-1,016
	1,930	552	1,378
	579	689	-110
	3,337	1,847	1,490
	540	450	90
	844	1,009	-165
	777	818	-41
	771	510	261
	691	621	70
	2,031	1,158	873
	2,897	1,432	1,465
	8,545	6,690	1,855
	3,202	3,506	-304
	2,088	390	1,698
	745	753	-8
	2,418	1,472	946
	1,382	1,188	194
	2,932	3,815	-883
	1,416	1,589	-173
	506	503	3
	397	471	-74
	2,504	2,163	341
	237	229	8
	226	298	-72
	1,339	386	953
	328	344	-16
	213	194	19
	313	119	194
	287	147	140
	221	192	29
	269	435	-166
	292	353	-61
	1,955	1,519	436
	554	416	138
	253	194	59
	1,464	785	679
	319	194	125
	395	337	58
	544	621	-77
	3,811	3,121	690
	227	335	-108
	203	123	80
	454	960	-506
	240	281	-41
	2,838	1,839	999
	202	239	-37
	414	172	242
	255	279	-24
	307	325	-18
	1,600	870	730
	331	458	-127
	352	360	-8
	216	146	70
	368	365	3
	262	255	7
	251	253	-2
	103	100	3
	107	157	-50
	222	192	30
	462	528	-66
	302	254	48
	268	369	-101
	183	115	68
	187	162	25
	889	770	119
	862	1,358	-496
	459	287	172
	217	171	46
	201	215	-14
	247	192	55
	595	260	335
	1,065	1,134	-69
	316	311	5
	242	170	72
	314	369	-55
	192	185	7
	390	541	-151
	318	414	-96
	202	79	123
	188	100	88
	227	207	20
	209	195	14
	1,283	553	730
	167	171	-4
	160	157	3
	197	211	-14
	120	113	7
	276	271	5
	160	107	53
	213	216	-3
	443	733	-290
	285	348	-63
	459	582	-123
	158	298	-140
	200	95	105
	411	418	-7
	298	134	164
	1,715	1,273	442
	2,558	647	1,911
	1,385	726	659
	374	359	15
	271	192	79
	178	160	18
	305	394	-89
	147	145	2
	1,360	1,724	-364
			630

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			-190
b			951
c			477
d			2,097
e			953
			716
			1,154
			1,191
			778
			123
			127
			691
			2,638
			2,132
			1,030
			470
			1,031
			4,185
			2,211
			800
			916
			216
			-951
			2,430
			1,051
			3,066
			1,636
			671
			1,576
			647
			1,279
			2,751
			280
			3,047
			2,077
			916
			908
			698
			1,928
			3,981
			8
			735
			143
			1,119
			1,166
			1,104
			1,473
			755
			2,568
			1,803
			1,345
			2,240
			852
			10
			2,065
			4,330
			184
			4
			12
			-6
			308
			1
			-22
			2,438
			23
			481
			85
			727
			1,865
			348
			616
			252
			491
			3,778
			488
			117
			30
			761
			1,025
			1,475
			672
			312
			508
			105
			119
			190
			2,460
			813
			526
			-302
			56
			1,595
			161
			81
			284
			143
			227
			1
			2
			974
			36
			162
			163
			714
			457
			5
			768
			1,784
			798
			-424
			734
			48
			931
			-29
			1,330
			307
			1,582
			844
			2,325
			120
			639
			252
			244
			482
			671
			-1,533
			5,038
			128
			58
			2,556
			-73
			222
			1,051
			48
			-38
			233
			1
			-5
			-5
			134
			20
			253
			58
			272
			-43
			1,696
			-6
			2,026
			73
			983
			-1
			-54
			12
			31
			-11
			160
			-51
			499
			-13
			11
			-68
			-4
			516
			991
			33
			53
			-19
			3,822
			-24
			865
			-38
			107
			-6
			171
			302
			-106
			-3
			-23
			-7
			549
			74
			-3
			70
			142
			11
			52
			-9
			5
			84
			88
			562
			77
			14
			-1
			-21
			-194
			-107
			63
			-96
			-131
			654
			968
			1,425
			-522
			-1,016
			1,378
			-110
			1,490
			90
			-165
			-41
			261
			70
			873
			1,465
			1,855
			-304
			1,698
			-8
			946
			194
			-883
			-173
			3
			-74
			341
			8
			-72
			953
			-16
			19
			194
			140
			29
			-166
			-61
			436
			138
			59
			679
			125
			58
			-77
			690
			-108
			80
			-506
			-41
			999
			-37
			242
			-24
			-18
			730
			-127
			-8
			70
			3
			7
			-2
			3
			-50
			30
			-66
			48
			-101
			68
			25
			119
			-496
			172
			46
			-14
			55
			335
			-69
			5
			72
			-55
			7
			-151
			-96
			123
			88
			20
			14
			730
			-4
			3
			-14
			7
			5
			53
			-3
			-290
			-63
			-123
			-140
			105
			-7
			164
			442
			1,911
			659
			15
			79
			18
			-89
			2
			-364

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	153,945
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . . . .		3

Part V

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

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

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

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

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

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2013	56,375	1,222,186	0.046126
2012	53,264	1,140,410	0.046706
2011	55,330	1,134,375	0.048776
2010	38,550	1,084,318	0.035552
2009	60,338	1,001,073	0.060273

2	Total of line 1, column (d) ......................	2	0.237433
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	0.047487
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	1,269,599
5	Multiply line 4 by line 3.......................	5	60,289
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	1,515
7	Add lines 5 and 6.........................	7	61,804
8	Enter qualifying distributions from Part XII, line 4..............	8	78,831
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2014)

Page 4

Part VI

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

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	1,515
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	1,515
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	1,515
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	1,748
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	1,748
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	233
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax233	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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

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

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

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

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

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

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

Yes

Website address bullet

N/A

The books are in care of bullet

COMERICA BANK Telephone no. bullet

(877) 405-1091

Located at bullet

101 NORTH MAIN STREETANN ARBORMI ZIP+4 bullet

48104

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

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

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

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

16 No

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

Form 990-PF (2014)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

If "Yes," list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Form 990-PF (2014)

Page 7

Part VIII

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

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
COMERICA BANK TRUST NA	TRUSTEE 1	7,605
PO BOX 75000 M/C 3302 DETROIT,MI482753302	TRUSTEE 1	7,605
THOMAS A BETTS	DIRECTOR 1	3,000
412 SHADY CIRCLE DRIVE ROCKY MOUNT,NC27803	DIRECTOR 1	3,000
ALLEN IVES	DIRECTOR 1	3,000
411 SHADY CIRCLE DRIVE ROCKY MOUNT,NC27803	DIRECTOR 1	3,000
WILLIAM R JOHNSON JR	DIRECTOR 1	3,000
3332 WHITEOAK ROAD RALEIGH,NC27609	DIRECTOR 1	3,000
LOU U BLACKMAN	DIRECTOR 1	3,000
19A GLENMORE DRIVE DURHAM,NC27707	DIRECTOR 1	3,000

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









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

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

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

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Form 990-PF (2014)

Page 8

Part IX-B

Summary of Program-Related Investments (see instructions)

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

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

purposes:

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

1,232,907

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

56,026

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

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

1,288,933

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

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

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

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

1,288,933

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

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

19,334

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

1,269,599

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

63,480

Part XI

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

and do not complete this part.)

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

63,480

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

1,515

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

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

1,515

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

61,965

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

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

61,965

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

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

61,965

Part XII

Qualifying Distributions (see instructions)

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

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

78,831

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

78,831

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).................

1,515

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

77,316

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

Form 990-PF (2014)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2013	(c) 2013	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7					61,965
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.......	6,992
b From 2010.......	0
c From 2011.......	0
d From 2012.......	0
e From 2013.......	0
fTotal of lines 3a through e.........		6,992
4Qualifying distributions for 2014 from Part
XII, line 4: $ 78,831
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.....					61,965
e Remaining amount distributed out of corpus		16,866
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		23,858
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) ...		6,992
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......		16,866
10 Analysis of line 9:
a Excess from 2010....	0
b Excess from 2011....	0
c Excess from 2012....	0
d Excess from 2013....	0
e Excess from 2014....	16,866

Form 990-PF (2014)

Page 10

Part XIV

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

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

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

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

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

Part XV

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

1Information Regarding Foundation Managers:

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

NONE

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

NONE

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

Check here bullet

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

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

SHARON STEPHENS
130 S FRANKLIN RD
ROCKY MOUNT,NC27802
(252) 467-4743

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

LETTER FORM

cAny submission deadlines:

NONE

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

ORGANIZATIONS LOCATED IN THE EASTERN PORTION OF NORTH CAROLINA PREFERABLY IN THE CITY OF ROCKY MOUNT.

Form 990-PF (2014)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
EAST RADIO READING SERVICE INC 553 TARRYTOWN CENTER ROCKY MOUNT,NC27804	NONE	EXEMPT	SUPPORT	2,500
HARRISON FAMILY YMCA 1000 INDEPENDENCE DR ROCKY MOUNT,NC27804	NONE	EXEMPT	SUPPORT	10,000
CHRISTIAN FELLOWSHIP PO BOX 456 LEWISVILLE,NC27023	NONE	EXEMPT	SUPPORT	15,000
ALDERT ROOT ELEMENTARY SCHOOL 3202 NORTHAMPTON STREET RALIEGH,NC27609	NONE	EXEMPT	SUPPORT	2,000
NORTH CAROLINA WESLEYAN COLLEGE 3400 N WESLEYAN BLVD ROCKY MOUNT,NC27804	NONE	EXEMPT	SUPPORT	7,500
CROSSWORKS INC PO BOX 6795 ROCKY MOUNT,NC27802	NONE	EXEMPT	SUPPORT	2,500
NASH COMMUNITY COLLEGE FOUNDATION PO BOX 7488 ROCKY MOUNT,NC27804	NONE	EXEMPT	SCHOLARSHIPS	25,000
Total ................................. 3a				64,500

bApproved for future payment

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

Form 990-PF (2014)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ............
4 Dividends and interest from securities....			14	23,749
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	153,945
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aOTHER REVENUE			14	425
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				178,119

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

13178,119

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2014)

Page 13

Part XVII

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

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

Yes

organizations?

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Bond	End of Year Book Value	End of Year Fair Market Value
CORPORATE BONDS
DODGE & COX INCOME FD	59,977	62,376
VANGUARD SHT TRM BD IDX	63,707	62,749
VG INFLAT PROTECTED SEC FD	66,300	62,063

Name of Stock	End of Year Book Value	End of Year Fair Market Value
CORPORATE STOCK
ADT CORP	7,019	8,260
AMAZON COM INC	11,573	11,173
BAYERISCHE MOTOREN WERKE A G	2,212	2,933
CARMAX INC	4,153	5,659
COACH INC	14,872	12,395
COMPAGNIE FINANCIERE RICHEMONT	4,260	4,048
COSTCO WHOLESALE CORP	3,228	7,088
HANESBRANDS INC	6,562	10,046
LKQ CORP	9,611	9,223
LAS VEGAS SANDS CORP	8,278	6,747
POLARIS INDUSTRIS INC	4,621	5,293
ROLLS-ROYCE GRP PLC SPONSORED	6,080	4,612
RYOHIN KEIKAKU CO LTD	2,333	2,549
SANDS CHINA LTD SPONSORED	3,249	3,444
SEVEN & I HLDGS CO	5,845	6,471
SWATCH GROUP AG	2,462	2,459
THOR IND	5,934	6,481
VALEO	2,213	5,077
WOLTERS KLUWER N V	3,215	3,528
ANHEUSER BUSCH INBEV	5,965	12,243
ASSOCIATED BRIT FOODS	1,816	3,638
BRITISH AMERN TOB PLC	5,106	7,979
CARLSBERG AS	3,387	2,443
DIAGEO PLC SPNSRD	2,629	4,906
ECOLAB	3,710	3,972
JAPAN TOB INC	4,122	3,378
LOEWS CORP	2,929	3,614
MEAD JOHNSON NUTRITION	6,590	8,043
SYSCO	3,134	3,453
UNILEVER PLC-SPONSORED	1,653	3,522
BG GROUP PLC SPON	3,728	2,698
CARBO CERAMICS	3,293	2,363
EOG RESOURCES INC	3,060	7,918
HALLIBURTON CO	2,322	2,360
MURPHY USA INC	5,043	6,886
NEWFIELD EXPLORATION CO	7,639	7,892
ROYAL DUTCH SHELL PLC ADR A	6,152	6,360
ULTRA PETROLEUM CORP	4,172	2,132
AMERICAN EXPRESS CO	4,015	14,514
BNP PARIBAS ADR	5,972	7,183
BANK NEW YORK MELLON CORP	8,766	14,118
BERKSHIRE HATHAWAY CL B	18,487	31,832
BROADRIDGE FINL SOLUTIONS INC	7,017	8,682
JPMORGAN CHASE & CO	5,184	6,258
LLOYDS TSB GROUP PLC SPON	4,593	6,607
M & T BANK CORP	12,456	13,567
MEDIOLANUM SPA	3,981	3,303
MOODY'S CORP	1,619	1,916
PRUDENTIAL PLC	4,451	10,204
SAMPO OYJ ADR	2,704	5,238
SCHWAB CHARLES CORP	3,136	3,955
SUMITOMO MITSUI FIN-UNSP	6,582	7,309
SUMITOMO MITSUI TR HLDGS	3,007	2,268
SWEDBANK A B	5,873	6,743
VERISK ANALYTICS INC CL A	4,495	8,647
VISA INC CL A	6,739	12,323
WELLS FARGO & CO	4,538	14,308
WESTERN UN	8,976	9,868
ACTELION LTD	2,254	2,176
CENTENE CORP	5,396	9,139
EXPRESS SCRIPTS HLDG CO	12,883	26,163
FRESENIUS SE & CO KGAA	4,626	4,674
LABORATORY CORP OF AMER HLDGS	4,429	5,071
NOVARTIS A G ADR	7,902	14,084
NOVO NORDISK A S	4,635	5,840
QUEST DIAGNOSTICS INC	2,930	3,219
SHIRE PLC	4,206	4,888
TEVA PHARMACEUTICAL INDS LTD	8,197	9,029
UNITEDHEALTH GROUP INC	5,886	9,199
VARIAN MEDICAL SYSTEMS INC	3,739	8,651
AGCO CORP	9,811	8,724
AIRBUS GROUP ADR	4,322	3,265
ASHTEAD GROUP PLC	3,875	4,311
ASSA ABLOY AB	2,232	6,359
ATLANTIA SPA	2,700	3,941
CLEAN HARBORS INC	11,187	10,283
CUMMINS INC	4,606	7,353
DAIKIN INDS LTD	4,990	6,644
DAIWA HOUSE IND LTD	6,891	6,579
DARLING INTL INC	9,825	8,971
FLOWSERVE CORP	9,868	7,957
IDEX CORP	7,443	7,940
KEYSIGHT TECHNOLOGIES INC W/I	264	1,540
KOMATSU LTD	4,612	3,604
MAKITA CORP	5,460	4,616
NATIONAL OILWELL VARCO INC	9,032	10,485
PACCAR INC	3,058	3,877
RYANAIR HLDGS PLC SPON	2,045	5,702
STERICYCLE INC	7,095	11,797
TIDEWATER INC	9,333	6,547
TIMKEN CO	6,910	6,871
TRINITY INDS INC	7,211	6,582
WOLSELEY PLC JERSEY SPONSORED	2,525	4,477
AGILENT TECHNOLOGIES INC	685	1,310
APPLE INC	2,216	15,784
COGNIZANT TECHNOLOGY SOLUTIONS	7,008	15,535
EMC CORP	3,767	7,881
GOOGLE INC CL A	6,127	12,205
GOOGLE INC CL C	6,111	12,107
INFORMA PLC SP	3,995	4,478
KDDI CORP ADR	6,921	7,612
LIBERTY MEDIA HLDG INTERACTIVE	1,198	1,471
LIBERTY MEDIA HLDG	358	453
MICROSOFT CORP	1,837	3,298
ORACLE CORPROATION	1,672	2,518
PRICELINE.COM	8,179	11,402
QUALCOMM INC	12,873	19,326
ROYAL KPN NV	3,142	3,021
TEXAS INSTRS INC	2,988	7,699
YAHOO JAPAN CORP	7	7
ANGLO AMERICAN PLC	2,218	1,844
BAYER AG	4,849	9,572
BHP BILLITON LTD SPON	5,333	4,022
MEADWESTVACO CORP	7,149	8,745
PRAXAIR INC	6,054	5,960
REXAM PLC SPONSORED	4,954	4,812
SOFTBANK CORP	8,711	7,096
OGE ENERGY CORP	4,610	4,577
RED ELECTRICA CORP SA	2,023	3,189
BROOKFIELD ASSET MGMT CL A	2,535	3,409
CHICAGO BRDG & IRON -NY SHS	11,881	6,633
ENCANA CORP	5,330	4,064
ROGERS COMMUNIC INC CL B	3,866	4,508
SCHLUMBERGER LTD	9,833	11,957
VALEANT PHARMACEUTICALS INTL	3,613	3,864
LIBERTY GLOBAL PLC SERIES C	8,671	10,000
PENTAIR PLC	7,078	6,111
SIGNET JEWELERS LTD	1,912	3,947
PERRIGO CO PLC	7,762	8,525
ACE LTD	2,627	3,102
CORE LABORATORIES N V	10,343	9,627
NXP SEMICONDUCTORS NV	3,055	3,209
DRIEHAUS SELECT CREDIT FUND	63,200	55,694

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
2013 FEDERAL EXCISE TAX	2,395	0		0
FOREIGN TAXES	1,040	1,040		0