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
DREIFUSSR-SCHOL

Number and street (or P.O. box number if mail is not delivered to street address)1525 W WT HARRIS BLVD D1114-044 Room/suite

City or town, state or province, country, and ZIP or foreign postal code
CHARLOTTE, NC28262

A Employer identification number

23-6696194

B Telephone number (see instructions)

(800) 352-3705

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

$3,371,104J 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	7		7
4	Dividends and interest from securities......	86,602		85,607
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		51,978
b	Gross sales price for all assets on line 6a 324,169
7	Capital gain net income (from Part IV, line 2)...			51,978
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........	138,587		137,592
13	Compensation of officers, directors, trustees, etc.	32,146		24,110		8,037
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........		400	0	0	400
b	Accounting fees (attach schedule).......		1,000	0	0	1,000
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		8,265	861		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).......		165	15		150
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	41,976		24,986	0	9,587
25	Contributions, gifts, grants paid........	140,814				140,814
26	Total expenses and disbursements. Add lines 24 and 25	182,790		24,986	0	150,401
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-44,203
b	Net investment income (if negative, enter -0-)			112,606
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..........	103,539	75,349	75,349
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........	1,703,244	1,708,417	2,179,189
	c	Investments—corporate bonds (attach schedule)........	1,149,042	1,126,269	1,116,566
	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)	2,955,825	2,910,035	3,371,104
	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.........	2,955,825	2,910,035
	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)......	2,955,825	2,910,035
	31	Total liabilities and net assets/fund balances (see instructions)..	2,955,825	2,910,035

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	2,955,825
2	Enter amount from Part I, line 27a.....................	2	-44,203
3	Other increases not included in line 2 (itemize)	3	2,495
4	Add lines 1, 2, and 3..........................	4	2,914,117
5	Decreases not included in line 2 (itemize)	5	4,082
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	2,910,035

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	5. AFLAC INC COM		2013-04-03	2014-02-11
b	170. AFLAC INC COM		2013-04-03	2014-06-09
c	2728.003 ABERDEEN EMERG MARKETS-INST #5840		2012-12-20	2014-01-30
d	2. AFFLIATED MANAGERS GRP INC COM		2013-04-03	2014-02-11
e	6. APPLE COMPUTER INC COM		2012-10-05	2014-08-06
	5. BAXTER INTL INC COM W/RIGHTS ATTACHED EXP 3/23/2009		2013-08-19	2014-08-06
	90. BHP LIMITED SPONS ADR COM		2013-04-03	2014-11-24
	3. BOEING CO COM		2011-11-08	2014-02-11
	4. CVS CORP COM		2013-04-03	2014-02-11
	114. CAPITAL ONE FINL CORP COM RTS EXP 11/29/2005		2013-01-18	2014-03-25
	35. CAPITAL ONE FINL CORP COM RTS EXP 11/29/2005		2013-04-03	2014-03-25
	84. CHEVRONTEXACO CORP COM		2013-04-03	2014-11-24
	12. CISCO SYS INC COM W/RIGHTS ATTACHED EXPIRING 6/10/2008		2013-04-03	2014-02-11
	175. COACH INC COM W/RTS ATTACHED EXP 5/2/2011		2013-04-03	2014-06-25
	6. COMCAST CORP NEW CL A		2013-04-03	2014-02-11
	22. COMCAST CORP NEW CL A		2013-04-03	2014-09-10
	4. DIAGEO PLC SPONSORED ADR NEW		2013-04-03	2014-08-06
	32. DISNEY (WALT) COMPANY HOLDING COMPANY COM		2013-04-03	2014-09-10
	50000. E.I. DU PONT DE NEMO 4.875% 4/30/14		2004-04-29	2014-04-30
	56. GILEAD SCIENCES INC COM		2013-04-03	2014-09-10
	2. GOLDMAN SACHS GRP INC COM		2013-04-03	2014-02-11
	15. GOOGLE INC CL A		2013-04-03	2014-04-25
	25000. HONEYWELL INTERNATIO 3.875% 2/15/14		2009-08-07	2014-02-15
	1154. ISHARES TRUST RUSSELL 1000 GROWTH INDEX FUND		2013-04-29	2014-05-02
	5. JP MORGAN CHASE & CO COM		2013-04-03	2014-02-11
	2. MCKESSON HBOC INC COM		2013-04-03	2014-02-11
	4. MONSTER BEVERAGE CORP		2013-04-03	2014-02-11
	35. MONSTER BEVERAGE CORP		2013-04-03	2014-09-10
	4. NESTLE S A SPONSORED ADR REPSTG REG SH		2013-04-03	2014-02-11
	34. NOW INC/SH		2013-07-05	2014-06-06
	.75 NOW INC/SH		2013-07-03	2014-06-17
	10. ORACLE CORP COM		2011-11-08	2014-08-06
	31. 3M CO COM		2013-04-03	2014-02-11
	69. 3M CO COM		2013-04-03	2014-08-06
	4. TOTAL FINA ELF S A SPONSORED ADR		2013-04-03	2014-02-11
	8. US BANCORP DEL COM NEW W/RIGHTS ATTACHED EXP 2/27/2011		2013-04-03	2014-02-11
	2. UNION PAC CORP COM		2013-04-03	2014-02-11
	4. UNION PAC CORP COM		2013-04-03	2014-08-07
	7. UNITEDHEALTH GRP INC COM		2013-04-03	2014-02-11
	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	312	264	48
b	10,686	8,978	1,708
c	36,610	40,000	-3,390
d	379	302	77
e	571	563	8
	372	358	14
	5,044	6,017	-973
	390	199	191
	275	217	58
	8,588	6,233	2,355
	2,637	1,897	740
	9,867	9,933	-66
	273	256	17
	5,958	8,877	-2,919
	329	253	76
	1,251	929	322
	474	506	-32
	2,867	1,842	1,025
	50,000	50,000
	6,047	2,669	3,378
	328	287	41
	7,851	6,071	1,780
	25,000	25,656	-656
	100,315	83,861	16,454
	286	236	50
	348	217	131
	287	193	94
	3,200	1,688	1,512
	299	295	4
	1,128	976	152
	25	21	4
	402	335	67
	4,069	3,287	782
	9,630	7,316	2,314
	238	194	44
	322	271	51
	355	280	75
	392	280	112
	495	434	61
			26,269

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			48
b			1,708
c			-3,390
d			77
e			8
			14
			-973
			191
			58
			2,355
			740
			-66
			17
			-2,919
			76
			322
			-32
			1,025

			3,378
			41
			1,780
			-656
			16,454
			50
			131
			94
			1,512
			4
			152
			4
			67
			782
			2,314
			44
			51
			75
			112
			61

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	51,978
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	138,297	3,112,933	0.044427
2012	131,410	2,907,356	0.045199
2011	129,851	2,760,231	0.047044
2010	114,984	2,742,914	0.04192
2009	141,160	2,499,104	0.056484

2	Total of line 1, column (d) ......................	2	0.235074
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	0.047015
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	3,288,872
5	Multiply line 4 by line 3.......................	5	154,626
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	1,126
7	Add lines 5 and 6.........................	7	155,752
8	Enter qualifying distributions from Part XII, line 4..............	8	150,401
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	2,252
	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	2,252
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	2,252
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	5,532
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	5,532
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	3,280
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax2,252	Refunded	11	1,028

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

The books are in care of bullet

WELLS FARGO BANK NA Telephone no. bullet

(800) 352-3705

Located at bullet

1 WEST 4TH STREETWINSTON SALEMNC ZIP+4 bullet

271013818

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
WELLS FARGO BANK NA	CO TRUSTEE 40	25,546
1525 W WT HARRIS BLVD D1114 044 CHARLOTTE,NC28288	CO TRUSTEE 40	25,546
E TERRY BALDWIN ESQ	CO TRUSTEE 40	6,600
42 SOUTH FRONT STREET MILTON,PA17847	CO TRUSTEE 40	6,600

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









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

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

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

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Form 990-PF (2014)

Page 8

Part IX-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Part X

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

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

purposes:

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

3,266,447

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

72,509

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

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

3,338,956

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.........................

3,338,956

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

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

50,084

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

3,288,872

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

164,444

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....................

164,444

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

2,252

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

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

2,252

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

162,192

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

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

162,192

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

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

162,192

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 ..........

150,401

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

150,401

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

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

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

150,401

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					162,192
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......				8,827
b Total for prior years:2012, 20, 20			0
3 Excess distributions carryover, if any, to 2014:
a From 2009.......	0
b From 2010.......	0
c From 2011.......	0
d From 2012.......	0
e From 2013.......	0
fTotal of lines 3a through e.........		0
4Qualifying distributions for 2014 from Part
XII, line 4: $ 150,401
a Applied to 2013, but not more than line 2a					8,827
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.....					141,574
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2014.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2013. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2014. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........					20,618
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2010....	0
b Excess from 2011....	0
c Excess from 2012....	0
d Excess from 2013....	0
e Excess from 2014....	0

Form 990-PF (2014)

Page 10

Part XIV

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

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

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

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

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

Part XV

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

1Information Regarding Foundation Managers:

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

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

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

Check here bullet

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

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

GUIDANCE OFFICE AT MILTON HIGH SCHO
700 MAHONING STREET
MILTON,PA17847
(570) 742-7611

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

SEE GUIDANCE OFFICER

cAny submission deadlines:

SEE GUIDANCE OFFICER

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

MUST BE STUDENT AT MILTON HIGH SCHOOL. CERTAIN ACADEMICALLY QUALIFIED STUDENTS WHO ARE IN FINANCIAL NEED. PURSUE A CAREER IN THE HEALTH CARE, ART, MUSIC,LITERATRUE, SCIENCE, ENGINEERING OR PHILOSOPHY

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
COLLEGE OF WOOSTER 1101 N BEAVER STREET WOOSTER,OH44691	NONE	PC	SCHOLARSHIPS	1,555
GETTYSBURG COLLEGE 300 N WASHINGTON ST GETTYBURG,PA17325	NONE	PC	SCHOLARSHIPS	1,426
GWYNEDD MERCY UNIVERSITY 1325 SUMNEYTOWN PIKE GWYNEDD VALLEY,PA19437	NONE	PC	SCHOLARSHIP	1,011
YORK COLLEGE OF PENNSYLVANIA 441 COUNTRY CLUB ROAD YORK,PA17403	NONE	PC	SCHOLARSHIP	1,685
DUQUESNE UNIVERSITY 600 FORDS AVENUE PITTSBURG,PA15232	NONE	PC	GENERAL PURPOSE	5,163
MISERICORDIA UNIVERSITY 301 LAKE STREET DALLAS,PA18612	NONE	PC	SCHOLARSHIP	2,443
WEST CHESTER UNIVERSITY 25 UNIVERSITY AVENUE SUITE 030 WEST CHESTER,PA19382	NONE	PC	SCHOLARSHIPS	1,263
ITHACA COLLEGE 935 DANBY ROAD ITHACA,NY14850	NONE	PC	SCHOLARSHIPS	1,192
CALIFORNIA UNIVERSITY OF PA 250 UNIVERSITY AVENUE CALIFORNIA,PA15419	NONE	PC	SCHOLARSHIP	813
MANSFIELD UNIVERSITY 71 SOUTH ACADEMY STREET MANSFIELD,PA16933	NONE	PC	GENERAL PURPOSE	3,755
MESSIAH COLLEGE 1 COLLEGE AVENUE GRANTHAM,PA17027	NONE	PC	SCHOLARSHIP	1,083
SUSQUEHANNA UNIVERSITY 514 UNIVERSITY AVE SELINSGROVE,PA17870	NONE	PC	SCHOLARHIPS	6,678
BLOOMSBURG UNIVERSITY 400 EAST SECOND STREET BLOOMSBERG,PA17815	NONE	PC	SCHOLARSHIP	3,613
BUCKNELL UNIVERSITY 369 MADISON AVENUE MILTON,PA17847	NONE	PC	SCHOLARSHIP	46,938
WILKES UNIVERSITY 84 W SOUTH STREET WILKES BARRE,PA18766	NONE	PC	SCHOLARSHSHIPS	13,950
LYCOMING COLLEGE 700 COLLEGE PLACE WILLIAMSPORT,PA17701	NONE	PC	SCHOLARSHIPS	1,571
PENN STATE UNIVERSITY 531 OLD OAK LANE UNIVERSITY PARK,PA17856	NONE	PC	SCHOLARSHIP	17,823
UNIVERSITY OF PITTSBURGH 2100 SENNOTT SQUARE PITTSBURG,PA15260	NONE	PC	SCHOLARSHIP	5,354
INDIANA UNIVERSITY OF PA 1090 SOUTH DRIVE INDIANA,PA15705	NONE	PC	SCHOLARSHIPS	8,605
OHIO STATE UNIVERSITY 281 WEST LANE AVE COLUMBUS,OH43210	NONE	PC	SCHOLARSHIPS	1,300
JAMES MADISON UNIVERSITY 170 BLUESTONE DR HARRISONBURG,VA22807	NONE	PC	SCHOLARSHIPS	2,367
EMORY UNIVERSITY 200 DOWMAN DRIVE ATLANTA,GA30322	NONE	PC	SCHOLARSHIPS	6,543
FRANKLIN & MARSHALL OFFICE OF STUDENT AID LANCASTER,PA17604	NONE	PC	SCHOLARSHIP	4,683
Total ................................. 3a				140,814

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 ............			14	7
4 Dividends and interest from securities....			14	86,602
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	51,978
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)..				138,587

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

13138,587

(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

- TIN:

TY 2014 AccountingFeesSchedule

Name:

DREIFUSSR-SCHOL

EIN: 23-6696194

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC	1,000			1,000

- TIN:

TY 2014 InvestmentsCorpBondsSchedule

Name:

DREIFUSSR-SCHOL

EIN: 23-6696194

Name of Bond	End of Year Book Value	End of Year Fair Market Value
04315J209 ABERDEEN TOTAL RETUR	144,899	144,902
22541LAH6 CREDIT SUISSE FB USA
263534BN8 E.I. DU PONT DE NEMO
40429CCS9 HSBC FINANCE CORP
428236AY9 HEWLETT-PACKARD CO
438516AY2 HONEYWELL INTERNATIO
46625HCA6 JPMORGAN CHASE & CO
693390304 PIMCO LOW DURATION F	252,000	242,100
693390593 PIMCO MODERATE DURAT	373,700	383,066
693390841 PIMCO HIGH YIELD FD-	155,014	150,436
713448BK3 PEPSICO INC
72447WAU3 PITNEY BOWES INC
20030N200 COMCAST CORP
237194105 DARDEN RESTAURANTS
372460105 GENUINE PARTS CO
459902102 INTERNATIONAL GAME
500255104 KOHLS CORP
855030102 STAPLES INC
887317303 TIME WARNER INC
872540109 TJX COS INC
194162103 COLGATE PALMOLIVE
13342B105 CAMERON INTL
20825C104 CONOCOPHILLIPS
25179M103 DEVON ENERGY CORP
30231G102 EXXON MOBIL CORP
637071101 NATIONAL OILWELL
674599105 OCCIDENTAL PETE
025816109 AMERICAN EXPRESS
03076C106 AMERIPRISE FINL INC
09247X101 BLACKROCK INC
125581801 CIT GROUP INC
354613101 FRANKLIN RESOURCES
571748102 MARSH AND MCLENNAN
59156R105 METLIFE INC
629491101 NYSE EURONEXT INC
744320102 PRUDENTIAL FINL INC
87236Y108 TD AMERITRADE HLDG
89417E109 TRAVELERS COMPANIES
002824100 ABBOTT LABS
00817Y108 AETNA INC
23918K108 DAVITA INC
50540R409 LABORATORY CRP
883556102 THERMO FISHER
91324P102 UNITEDHEALTH GROUP
097023105 BOEING CO
235851102 DANAHER CORP
244199105 DEERE AND CO
77434101 ROCKWELL COLLINS
94106L109 WASTE MANAGEMENT
037833100 APPLE INC
038222105 APPLIED MATERIALS
219350105 CORNING INC
24702R101 DELL INC
285512109 ELECTRONIC ARTS INC
31620M106 FIDELITY NATL
594918104 MICROSOFT CORP
68389X105 ORACLE CORP
882508104 TEXAS INSTRUMENTS
92826C839 VISA INC CLASS A
984332106 YAHOO INC COM
263531409 DU PONT E I DE NEMOU
460146103 INTERNATIONAL PAPER
74005P104 PRAXAIR INC COM
156700106 CENTURYLINK INC
67019E107 NSTAR
976657106 WISCONSIN ENERGY COR
G47791101 INGERSOLL RAND PLC
92276F100 VENTAS INC COM
372460105 GENUINE PARTS
681919106 OMNICOM GROUP
87612E106 TARGET CORP
978097103 WOLVERINE WORLD WIDE
713448108 PEPSICO INC
742718109 PROCTOR AND GAMBLE C
057224107 BAKER HUGHES INC
166764100 CHEVRON CORP
30231G102 EXXON MOBIL
115236101 BROWN AND BROWN
229899109 CULLEN FROST BANKERS
74144T108 T ROWE PRICE GROUP
14149Y108 CARDINAL HEALTH INC
532457108 ELI LILLY AND CO
478160104 JOHNSON AND JOHNSON
58933Y105 MERCK AND CO INC
863667101 STRYKER CORP
369550108 GENERAL DYNAMICS
384802104 GRAINGER W W INC
452308109 ILLINOIS TOOL WORKS
911312106 UNITED PARCEL SERVI
458140100 INTEL CORP
459200101 IBM CORP
535678106 LINEAR TECHNOLOGY
704326107 PAYCHEX INC
009158106 AIR PRODS AND CHEMS
012653101 ALBEMARLE CORP
397624107 GREIF INC CL A
00206R102 AT & T INC
29265N108 ENERGEN CORP
H0023R105 ACE LIMITED
29358Q109 ENSCO INTERNATIONAL
G6852T105 PARTNERRE LTD
881624209 TEVA PHARMACEUTICAL
77958B402 T ROWE PRICE INST FL	200,656	196,062

- TIN:

TY 2014 InvestmentsCorpStockSchedule

Name:

DREIFUSSR-SCHOL

EIN: 23-6696194

Name of Stock	End of Year Book Value	End of Year Fair Market Value
025076209 AMERICAN CENTURY EQU
256206103 DODGE & COX INT'L ST
256219106 DODGE & COX STOCK FU
411511306 HARBOR INTERNATION F
464287465 ISHARES MSCI EAFE ET	70,695	83,655
464287499 ISHARES RUSSELL MID-	140,820	221,996
464287655 ISHARES RUSSELL 2000	134,233	199,646
47103C241 PERKINS MID CAP VALU
52106N889 LAZARD EMERGING MKTS
77954Q106 T ROWE PRICE BLUE CH	200,000	246,185
94984B397 WELLS FARGO ADV SM C
961323409WESTPORT SELECT CAP F
002824100 ABBOTT LABS
003021714 ABERDEEN EMERG MARKE
00817Y108 AETNA INC-NEW
00846U101 AGILENT TECHNOLOGIES
025816109 AMERICAN EXPRESS CO
03076C106 AMERIPRISE FINL INC
037833100 APPLE INC	19,860	34,107
038222105 APPLIED MATERIALS IN
09247X101 BLACKROCK INC	8,466	9,654
097023105 BOEING CO	10,756	17,547
125581801 CIT GROUP INC.
12572Q105 CME GROUP INC	9,263	14,982
13342B105 CAMERON INTL CORP
14040H105 CAPITAL ONE FINANCIA
156700106 CENTURYLINK, INC
192446102 COGNIZANT TECH SOLUT
194162103 COLGATE PALMOLIVE CO
20030N200 COMCAST CORP-SPECIAL
235851102 DANAHER CORP
23918K108 DAVITA HEALTHCARE PA
244199105 DEERE & CO
25179M103 DEVON ENERGY CORPORA
263534109 DU PONT E I DE NEMOU
278865100 ECOLAB INC
285512109 ELECTRONIC ARTS INC
30231G102 EXXON MOBIL CORPORAT
314172560 FEDERATED STRAT VAL
31620M106 FIDELITY NATL INFORM
372460105 GENUINE PARTS CO
459902102 INTERNATIONAL GAME T
460146103 INTERNATIONAL PAPER
464287168 ISHARES SELECT DIVID	189,291	233,198
464287200 ISHARES CORE S & P 5
500255104 KOHLS CORP
50540R409 LABORATORY CRP OF AM
571748102 MARSH & MCLENNAN COS
580135101 MCDONALDS CORP
594918104 MICROSOFT CORP	7,893	13,099
637071101 NATIONAL OILWELL INC	14,300	13,892
664397106 NORTHEAST UTILS
674599105 OCCIDENTAL PETE CORP
68389X105 ORACLE CORPORATION	9,017	12,097
713448108 PEPSICO INC
74005P104 PRAXAIR INC COM
774341101 ROCKWELL COLLINS
832696405 JM SMUCKER CO
855030102 STAPLES INC
87236Y108 TD AMERITRADE HLDG C
872540109 TJX COS INC NEW	5,771	13,099
882508104 TEXAS INSTRUMENTS IN
883556102 THERMO FISHER SCIENT	4,526	11,401
887317303 TIME WARNER INC
89417E109 TRAVELERS COMPANIES,
913017109 UNITED TECHNOLOGIES
91324P102 UNITEDHEALTH GROUP I	10,452	21,937
92276F100 VENTAS INC COM
92826C839 VISA INC-CLASS A SHR
976657106 WISCONSIN ENERGY COR
G47791101 INGERSOLL-RAND PLC
001055102 AFLAC INC
008252108 AFFILIATED MANAGERS	9,528	13,371
03524A108 ANHEUSER-BUSCH INBEV	11,958	13,478
037411105 APACHE CORP	8,998	7,520
071813109 BAXTER INTL INC	11,445	12,020
084670702 BERKSHIRE HATHAWAY I	15,710	22,523
088606108 BHP BILLITON LIMITED
126650100 CVS HEALTH CORPORATI	9,985	18,492
150870103 CELANESE CORP	11,184	13,851
166764100 CHEVRON CORP
17275R102 CISCO SYSTEMS INC	13,527	17,607
189754104 COACH INC
20030N101 COMCAST CORP CLASS A	12,331	16,939
231021106 CUMMINS INC.	16,741	17,877
25243Q205 DIAGEO PLC - ADR	9,610	8,671
254687106 WALT DISNEY CO	11,802	19,309
268648102 E M C CORP MASS	10,041	12,193
375558103 GILEAD SCIENCES INC	5,243	10,369
38141G104 GOLDMAN SACHS GROUP	7,612	10,273
38259P508 GOOGLE INC
404280406 HSBC - ADR	14,037	12,516
413838202 OAKMARK INTERNATIONA	163,000	159,169
459200101 INTERNATIONAL BUSINE	8,789	6,899
464287614 ISHARES RUSSELL 1000	206,454	271,628
46625H100 JPMORGAN CHASE & CO	13,432	17,835
478366107 JOHNSON CONTROLS INC	8,488	12,085
58155Q103 MCKESSON CORP	8,582	16,399
611740101 MONSTER BEVERAGE COR	4,630	10,402
641069406 NESTLE S.A. REGISTER	10,392	10,286
683974505 OPPENHEIMER DEVELOPI
806857108 SCHLUMBERGER LTD	16,025	16,997
87612E106 TARGET CORP	17,405	20,116
88579Y101 3M CO
89151E109 TOTAL S.A. - ADR	8,047	8,499
902973304 US BANCORP DEL NEW	10,217	13,575
907818108 UNION PACIFIC CORP	12,604	21,443
911312106 UNITED PARCEL SERVIC	8,377	11,117
922908553 VANGUARD REIT VIPER	54,418	61,803
G29183103 EATON CORP PLC	8,871	10,194
172967424 CITIGROUP INC.	13,902	14,988
38259P706 GOOGLE INC-CL C	13,795	15,792
517834107 LAS VEGAS SANDS CORP	11,894	10,992
683974604 OPPENHEIMER DEVELOPI	94,000	95,466

- TIN:

TY 2014 LegalFeesSchedule

Name:

DREIFUSSR-SCHOL

EIN: 23-6696194

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES - INCOME (ALLOCABLE	400			400

- TIN:

TY 2014 OtherDecreasesSchedule

Name:

DREIFUSSR-SCHOL

EIN: 23-6696194

Description	Amount

- TIN:

TY 2014 OtherExpensesSchedule

Name:

DREIFUSSR-SCHOL

EIN: 23-6696194

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
SCHOLARSHIP EXPENSES	150	0		150
ADR FEES	15	15		0

- TIN:

TY 2014 OtherIncreasesSchedule

Name:

DREIFUSSR-SCHOL

EIN: 23-6696194

Description	Amount

- TIN:

TY 2014 TaxesSchedule

Name:

DREIFUSSR-SCHOL

EIN: 23-6696194

Category	Amount	Net Investment Income
FOREIGN TAXES	229	229
FEDERAL TAX PAYMENT - PRIOR YE	1,872	0
FEDERAL ESTIMATES - PRINCIPAL	5,532	0
FOREIGN TAXES ON QUALIFIED FOR	563	563
FOREIGN TAXES ON NONQUALIFIED	69	69