Form990-PF

Department of the Treasury
Internal Revenue Service

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

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 460   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TUNKHANNOCK, PA18657
A Employer identification number

20-7487500
B Telephone number (see instructions)

(570) 836-5454
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$16,787,388J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 53,912 53,912  
4 Dividends and interest from securities...... 246,718 246,718  
5a Gross rents.............. 729,632 729,632  
b Net rental income or (loss) 288,337
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 1,070,553
b Gross sales price for all assets on line 6a 7,728,278
7 Capital gain net income (from Part IV, line 2)... 1,070,553
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 46,993 14,697  
12 Total. Add lines 1 through 11........ 2,147,808 2,115,512  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 90,442 60,442   30,000
14 Other employee salaries and wages...... 15,000     15,000
15 Pension plans, employee benefits....... 17,767 12,223   5,544
16a Legal fees (attach schedule)......... Click to see attachment 675     675
b Accounting fees (attach schedule)....... Click to see attachment 5,000 2,500   2,500
c Other professional fees (attach schedule).... Click to see attachment 44,687 36,287   8,400
17 Interest............... 1,080     1,080
18 Taxes (attach schedule) (see instructions)... Click to see attachment 102,212 100,457   1,755
19 Depreciation (attach schedule) and depletion... Click to see attachment 123,237 123,237  
20 Occupancy.............. 9,413 5,814   3,599
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 417 110   307
23 Other expenses (attach schedule)....... Click to see attachment 281,686 280,504   1,182
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 691,616 621,574   70,042
25 Contributions, gifts, grants paid........ 763,803 763,803
26 Total expenses and disbursements. Add lines 24 and 25 1,455,419 621,574   833,845
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 692,389
b Net investment income (if negative, enter -0-) 1,493,938
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 227,668 51,901 51,901
2 Savings and temporary cash investments.......... 510,318 357,429 357,429
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges........... 31,985 28,614 28,614
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 12,199,382 Click to see attachment12,389,946 12,389,946
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,886 Click to see attachment1,434 1,434
14 Land, buildings, and equipment: basis bullet3,957,969
Less: accumulated depreciation (attach schedule) bullet568,177 3,472,316 Click to see attachment3,389,792 3,957,969
15 Other assets (describe bullet)   Click to see attachment95 Click to see attachment95
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 16,443,555 16,219,211 16,787,388
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment15,791 Click to see attachment15,865
23 Total liabilities (add lines 17 through 22).......... 15,791 15,865
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted................... 4,228,382 3,813,400
25 Temporarily restricted................ 12,199,382 12,389,946
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)...... 16,427,764 16,203,346
31 Total liabilities and net assets/fund balances (see instructions).. 16,443,555 16,219,211
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 16,427,764
2 Enter amount from Part I, line 27a..................... 2 692,389
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 7
4 Add lines 1, 2, and 3.......................... 4 17,120,160
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 916,814
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 16,203,346
Form 990-PF (2014)
Form 990-PF (2014)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,070,553
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2013 825,706 15,938,872 0.051805
2012 552,878 14,829,850 0.037281
2011 580,461 14,498,633 0.040036
2010 278,023 11,719,644 0.023723
2009 161,591 532,812 0.303280
2 Total of line 1, column (d) ...................... 2 0.456125
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 0.091225
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 16,875,854
5 Multiply line 4 by line 3....................... 5 1,539,500
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 14,939
7 Add lines 5 and 6......................... 7 1,554,439
8 Enter qualifying distributions from Part XII, line 4.............. 8 833,845
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2014)
Form 990-PF (2014)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 29,879
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 29,879
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 29,879
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 18,120
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 18,120
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 11,759
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletPA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletWILLIAM A PETTY Telephone no.bullet (570) 836-5454
    Located atbulletPO BOX 460TUNKHANNOCKPA ZIP+4bullet18657
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    WILLIAM A PETTY MANAGER
    40.00     		52,942 7,864 0
    PO BOX 460
    TUNKHANNOCK,PA18657
    THOMAS P TULANEY TRUSTEE
    2.00     		12,500 0 0
    PO BOX 460
    TUNKHANNOCK,PA18657
    ROBERT P BROWNING TRUSTEE
    2.00     		12,500 0 0
    PO BOX 460
    TUNKHANNOCK,PA18657
    RONALD KUKUCHKA TRUSTEE
    2.00     		12,500 0 0
    PO BOX 460
    TUNKHANNOCK,PA18657
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    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)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    12,154,220
    b
    Average of monthly cash balances.......................
    1b
    756,679
    c
    Fair market value of all other assets (see instructions)................
    1c
    4,221,948
    d
    Total (add lines 1a, b, and c).........................
    1d
    17,132,847
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    17,132,847
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    256,993
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    16,875,854
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    843,793
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    843,793
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    29,879
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    29,879
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    813,914
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    813,914
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    813,914
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    833,845
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    833,845
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    833,845
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 813,914
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 346,871
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 833,845
    a Applied to 2013, but not more than line 2a 346,871
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2014 distributable amount..... 486,974
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2014.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		326,940
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    WILLIAM A PETTY
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    WILLIAM A PETTY
    PO BOX 460
    TUNKHANNOCK,PA18657
    (570) 836-3868
    bThe form in which applications should be submitted and information and materials they should include:
    FORMAL APPLICATION PROVIDED BY TRUSTEES. APPLICATION SHOULD INCLUDE DESCRIPTION OF INTENT TO MATRICULATE AT A COLLEGE OR UNIVERSITY, CURRENT SCHOOL AND GRADE POINT AVERAGE THOUGH 1ST SEMESTER OF SENIOR YEAR. FINALISTS WILL BE REQUIRED TO PROVIDE SIGNED INCOME TAX RETURNS FOR 2 FISCAL YEARS IMMEDIATELY PRECEDING THE DATE OF APPLICATION FROM EACH APPLICANT, APPLICANT'S PARENT/GUARDIAN.
    cAny submission deadlines:
    MARCH 15 OF EACH YEAR.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    AWARDS WILL ONLY BE MADE TO APPLICANTS WHO ARE MEMBERS OF A FAMILY WITH A COMBINED HOUSEHOLD INCOME OF LESS THAN 90,000 AND WHO HAVE A CUMULATIVE "C" AVERAGE THROUGH FIRST TERM OF THE STUDENT'S SENIOR YEAR IN HIGH SCHOOL. STUDENTS RESIDING IN WYOMING, LUZERNE AND LACKAWANNA COUNTIES WILL HAVE PREFERENCE.
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    VICTIMS RESOURCE CENTER
    119 WARREN STREET
    TUNHANNOCK,PA18657     		NONE PUBLIC GENERAL GRANT 2,500
    BOY SCOUTS OF AMERICA
    72 MONTAGE MOUNTAIN RD
    MOOSIC,PA18507     		NONE PUBLIC GENERAL GRANT 5,000
    FALLS LIONS CLUB
    FALLS PA
    FALLS,PA18615     		NONE PUBLIC GENERAL GRANT 2,100
    BOYS & GIRLS CLUBS OF NEPA
    609 ASH ST
    SCRANTON,PA18510     		NONE PUBLIC GENERAL GRANT 1,000
    SEVEN LOAVES SOUP KITCHEN
    74 WARREN ST
    TUNKHANNOCK,PA18657     		NONE PUBLIC GENERAL GRANT 5,000
    ABINGTON LITTLE LEAGUE
    PO BOX 126
    CLARKS SUMMIT,PA18411     		NONE PUBLIC GENERAL GRANT 1,000
    TRITON HOSE CO
    116 W TIOGA ST
    TUNKHANNOCK,PA18657     		NONE PUBLIC GENERAL GRANT 25
    AKA-EZOUA EDOUKOU
    5 PURITAN LANE
    WILKES BARRE,PA18702     		NONE N/A COLLEGE SCHOLARSHIP 469
    BELLANCO EMILY
    41 DORRANCE AVE
    WYOMING,PA18644     		NONE N/A COLLEGE SCHOLARSHIP 9,000
    BENKO BRIDGET
    RR1 BOX 145
    DALTON,PA18414     		NONE N/A COLLEGE SCHOLARSHIP 733
    BERARDELLI KRISTA
    1206 BREAKER CR DR
    DICKSON CITY,PA18519     		NONE N/A COLLEGE SCHOLARSHIP 15,000
    BERTO TAYLOR
    46 SHARON DRIVE
    MOOSIC,PA18507     		NONE N/A COLLEGE SCHOLARSHIP 11,250
    BILSKI SARAH
    364 LAKE ST
    DALLAS,PA18615     		NONE N/A COLLEGE SCHOLARSHIP 15,000
    BLEVINS JAMES
    100 GRZYBOWSKI DR
    SCOTT TOWNSHIP,PA18447     		NONE N/A COLLEGE SCHOLARSHIP 3,500
    BRACE COLLEEN
    PO BOX 126
    NICHOLSON,PA18446     		NONE N/A COLLEGE SCHOLARSHIP 2,500
    BREITA ALICIA
    237 KEHRLI ROAD
    FACTORYVILLE,PA18419     		NONE N/A COLLEGE SCHOLARSHIP 13,083
    BURKE MATTHEW
    5378 ROUTE 187
    SUGAR RUN,PA18846     		NONE N/A COLLEGE SCHOLARSHIP 3,750
    CALLAS DANNIELLE
    104 SOUTH LOTT RD
    MESHOPPEN,PA18630     		NONE N/A COLLEGE SCHOLARSHIP 6,186
    CAMACHO-AYALA MONSERRATH
    549 EYNON ST
    SCRANTON,PA18504     		NONE N/A COLLEGE SCHOLARSHIP 15,000
    CARLIN CASEY
    929 RIVER ST
    SCRANTON,PA18505     		NONE N/A COLLEGE SCHOLARSHIP 10,000
    CASTELLANO DAVID
    C/O DANNY TORRES
    5728 S CALIFORNIA AVE
    CHICAGO,IL60629     		NONE N/A COLLEGE SCHOLARSHIP 5,000
    CENTRELLA ZACKARY
    80 LAYFAYETTE ST
    NEW YORK,NY10013     		NONE N/A COLLEGE SCHOLARSHIP 7,000
    CIPRIANO LOUIS
    111 MOUNT LAUREL LANE
    OLYPHANT,PA18447     		NONE N/A COLLEGE SCHOLARSHIP 7,500
    CLARK KELLY
    224 WOOD RD
    SPRINGVILLE,PA18844     		NONE N/A COLLEGE SCHOLARSHIP 413
    CLEMENS DANIEL
    25 DOGWOOD DRIVE
    TUNKHANNOCK,PA18657     		NONE N/A COLLEGE SCHOLARSHIP 10,000
    COLE JORDAN
    130 COLE FARM ROAD
    MESHOPPEN,PA18630     		NONE N/A COLLEGE SCHOLARSHIP 2,500
    CONNOR CHRIS
    1367 POST HILL RD
    FACTORYVILLE,PA18419     		NONE N/A COLLEGE SCHOLARSHIP 11,000
    COX LAURA
    RR2 BOX 63
    DALTON,PA18414     		NONE N/A COLLEGE SCHOLARSHIP 10,000
    COYNE MARION
    1258 WATSON STREET
    SCRANTON,PA18504     		NONE N/A COLLEGE SCHOLARSHIP 12,000
    CROCK CAMERON
    108 STATE ST
    NICHOLSON,PA18446     		NONE N/A COLLEGE SCHOLARSHIP 22,000
    DINGER JORDAN
    820 LAYTON ROAD
    SOUTH ABINGTON,PA18411     		NONE N/A COLLEGE SCHOLARSHIP 15,000
    DIPASQUALE SKYLER
    146 STATE ROUTE 239
    SHICKSHINNY,PA18655     		NONE N/A COLLEGE SCHOLARSHIP 10,791
    DOUGHER LAUREN
    2714 COLLIERY AVE
    SCRANTON,PA18503     		NONE N/A COLLEGE SCHOLARSHIP 7,350
    ELGHAZAL DANIA
    223 N SUMNER AVE
    SCRANTON,PA18504     		NONE N/A COLLEGE SCHOLARSHIP 12,000
    ELGHAZAL GEORGIA
    223 N SUMNER AVE
    SCRANTON,PA18504     		NONE N/A COLLEGE SCHOLARSHIP 7,500
    ESGRO BRITTANY
    1718 MARION ST
    DUNMORE,PA18509     		NONE N/A COLLEGE SCHOLARSHIP 3,348
    FREAR SAMANTHA
    121 CHURCH RD
    FACTORYVILLE,PA18419     		NONE N/A COLLEGE SCHOLARSHIP 6,000
    GABRIEL AMY
    208 W ATHERTON ST
    TAYLOR,PA18517     		NONE N/A COLLEGE SCHOLARSHIP 5,000
    GREEN ERIKA
    15 S LOVELAND AVE
    KINGSTON,PA18704     		NONE N/A COLLEGE SCHOLARSHIP 5,815
    GURDZINSKI GABBRIELLE
    104 NORFOLK WAY
    SCRANTON,PA18504     		NONE N/A COLLEGE SCHOLARSHIP 5,000
    GUY KATHLEEN
    112 STONY MOUNTAIN ROAD
    TUNKHANNOCK,PA18657     		NONE N/A COLLEGE SCHOLARSHIP 10,000
    HENN PAUL
    32 SUNRISE LANE
    TUNKHANNOCK,PA18657     		NONE N/A COLLEGE SCHOLARSHIP 8,000
    HERRON CECILLIA
    616 MYRTLE STREET
    SCRANTON,PA18510     		NONE N/A COLLEGE SCHOLARSHIP 10,000
    HOLEVA EMILY
    123 BETTY STREET
    EYNON,PA18403     		NONE N/A COLLEGE SCHOLARSHIP 6,813
    HOPKINS DAVID
    RR2 BOX 2551
    FACTORYVILLE,PA18419     		NONE N/A COLLEGE SCHOLARSHIP 13,946
    HORROCKS NATALIE
    169 VAIL ROAD
    FACTORYVILLE,PA18419     		NONE N/A COLLEGE SCHOLARSHIP 5,000
    KELLER KIMBERLY
    104 ANTHONY DRIVE
    TAYLOR,PA18517     		NONE N/A COLLEGE SCHOLARSHIP 9,480
    KING JULIA
    709 MYRTLE STREET
    SCRANTON,PA18510     		NONE N/A COLLEGE SCHOLARSHIP 8,356
    KIRSCHNER SAMANTHA
    28 BEECHNUT DRIVE
    GOULDSBORO,PA18424     		NONE N/A COLLEGE SCHOLARSHIP 10,000
    KOZOIL KAYLA
    60 CHESTNUT TREE ROAD
    NOXEN,PA18636     		NONE N/A COLLEGE SCHOLARSHIP 5,000
    KRISHAK JEFFREY
    52 CHESTNUT STREET
    103E SHIELDS BUILDING
    TUNKHANNOCK,PA18657     		NONE N/A COLLEGE SCHOLARSHIP 549
    KWOK FLORENCE
    639 CAREY AVE
    WILKES BARRE,PA18702     		NONE N/A COLLEGE SCHOLARSHIP 10,000
    LENGEL PETER
    PO BOX 2
    DALTON,PA18414     		NONE N/A COLLEGE SCHOLARSHIP 6,000
    LEVI JADE
    1855 SR 292 E
    FALLS,PA18615     		NONE N/A COLLEGE SCHOLARSHIP 4,102
    LUKE DANIEL
    1539 HEART LAKE RD
    SCOTT TWP,PA18433     		NONE N/A COLLEGE SCHOLARSHIP 10,000
    MALATESTA ARIELLE
    1815 BRITTAIN ST
    BERWICK,PA186032509     		NONE N/A COLLEGE SCHOLARSHIP 8,094
    MCCLAIN MEGGAN
    PO BOX 262
    MESHOPPEN,PA18630     		NONE N/A COLLEGE SCHOLARSHIP 5,105
    MCHALE KYLE
    247 PARRISH ST
    WILKESBARRE,PA18702     		NONE N/A COLLEGE SCHOLARSHIP 15,000
    MORALES JOVANNE
    1528 WASHBURN ST
    SCRANTON,PA18504     		NONE N/A COLLEGE SCHOLARSHIP 9,921
    MORGESE GINA
    PO BOX 263
    CARBONDALE,PA18407     		NONE N/A COLLEGE SCHOLARSHIP 3,099
    MOSLUK DARIAN
    161 JAYNE RD
    TUNKHANNOCK,PA18657     		NONE N/A COLLEGE SCHOLARHSIP 11,000
    MUNLEY NICOLE
    728 BIRCH STREET
    SCRANTON,PA18505     		NONE N/A COLLEGE SCHOLARSHIP 3,406
    MUSTO EMMA
    277 SHORT HILL DR
    CLARKS GREEN,PA18411     		NONE N/A COLLEGE SCHOLARSHIP 7,500
    NOCITO CASSANDRA
    424 RIDGE ROAD
    PITTSTON,PA18640     		NONE N/A COLLEGE SCHOLARSHIP 8,504
    O'HOP KERRY
    8 BELIN VILLAGE
    AVOCA,PA186419509     		NONE N/A COLLEGE SCHOLARSHIP 3,500
    OSTROWSKY NOAH
    473 DR 292E
    TUNKHANNOCK,PA18657     		NONE N/A COLLEGE SCHOLARSHIP 12,000
    PAGE CRYSTAL
    613 MEADOW LANE
    CLARKS SUMMIT,PA18411     		NONE N/A COLLEGE SCHOLARSHIP 10,000
    PARFITT JASON
    424 HUDSON STREET
    MOOSIC,PA18507     		NONE N/A COLLEGE SCHOLARSHIP 15,000
    PARSONS GARRETT
    598 EAST MAIDEN ST APT 2
    WASHINGTON,PA15301     		NONE N/A COLLEGE SCHOLARSHIP 13,046
    PATEL DHRUVALKUMAR
    612 ADAMS AVE
    SCRANTON,PA18510     		NONE N/A COLLEGE SCHOLARSHIP 18,009
    PETRO-WESNAK MADISON
    600 SCHOOL ST
    MOOSIC,PA18507     		NONE N/A COLLEGE SCHOLARSHIP 8,000
    POLI CHARLES
    9 FAIRLAWN DR
    HUGHESTOWN,PA18640     		NONE N/A COLLEGE SCHOLARSHIP 2,500
    RARRICK BEN
    305 MAIN ST
    CLARKS SUMMIT,PA18411     		NONE N/A COLLEGE SCHOLARSHIP 10,000
    REYAN TANNER
    1730 WILLIAMS RD
    FRIENDSVILLE,PA18818     		NONE N/A COLLEGE SCHOLARSHIP 6,000
    ROBINSON BEN
    PO BOX 103
    DALTON,PA18414     		NONE N/A COLLEGE SCHOLARSHIP 10,000
    ROBINSON SAVANNA
    160 BUTTERMILK RD
    FALLS,PA18615     		NONE N/A COLLEGE SCHOLARSHIP 3,360
    ROBINSON SHANNON
    PO BOX 103
    DALTON,PA18414     		NONE N/A COLLEGE SCHOLARSHIP 2,500
    ROGERS SOPHIE
    640 BEECH ST
    SCRANTON,PA18505     		NONE N/A COLLEGE SCHOLARSHIP 3,500
    ROJEK ALEXANDER
    35 ANDREW DR
    SCOTT TOWNSHIP,PA18433     		NONE N/A COLLEGE SCHOLARSHIP 7,000
    ROSENCRANCE KATHERINE
    2339 CHERRY HILL RD
    CLARKS SUMMIT,PA18411     		NONE N/A COLLEGE SCHOLARSHIP 14,811
    SAKSON BRITTANY
    847 SPRUCE ST
    OLYPHANT,PA18447     		NONE N/A COLLEGE SCHOLARSHIP 7,500
    SALAZAR XIOMARA
    930 E 6TH ST
    BERWICK,PA18603     		NONE N/A COLLEGE SCHOLARSHIP 7,000
    SCANLON MARGARET
    2744 RANSOM ROAD
    CLARKS SUMMIT,PA184119647     		NONE N/A COLLEGE SCHOLARSHIP 6,000
    SHAO TONY
    27 HILLTOP DR
    TUNKHANNOCK,PA18657     		NONE N/A COLLEGE SCHOLARSHIP 4,807
    SHELEST ANASTASIYA
    37 AMHERST AVE
    WILKES BARRE,PA187021606     		NONE N/A COLLEGE SCHOLARSHIP 10,000
    SHERRY CYNTHIA
    56 MAPLE AVE
    TUNKHANNOCK,PA18657     		NONE N/A COLLEGE SCHOLARSHIP 15,000
    SHICK AMY
    117 WHITE TAIL DRIVE
    MOUNTAIN TOP,PA18707     		NONE N/A COLLEGE SCHOLARSHIP 10,000
    SIESS VICTORIA
    815 HILL ST
    THROOP,PA18512     		NONE N/A COLLEGE SCHOLARSHIP 7,500
    SIMONETTI GREG
    17 CIRCLE DRIVE
    EYNON,PA184031424     		NONE N/A COLLEGE SCHOLARSHIP 10,000
    STANKOWSKI JOSHUA
    1023 HAMM CT
    SCRANTON,PA18505     		NONE N/A COLLEGE SCHOLARSHIP 7,000
    STEVENS CASSANDRA
    39 BROOK ST
    HARVEYS LAKE,PA18618     		NONE N/A COLLEGE SCHOLARSHIP 7,440
    STRAUCH JANINE
    11 CONCORD AVE
    FACTORYVILLE,PA18419     		NONE N/A COLLEGE SCHOLARSHIP 5,000
    TEMSAMRIT BRIAN
    821 WEST LOCUST STREET
    SCRANTON,PA18504     		NONE N/A COLLEGE SCHOLARSHIP 5,000
    TERRY MATTHEW
    1239 WESTSIDE AVE
    HONESDALE,PA18431     		NONE N/A COLLEGE SCHOLARSHIP 5,333
    TILBERRY STEPHANIE
    507 WEST HOSPITAL ST
    TAYLOR,PA18517     		NONE N/A COLLEGE SCHOLARSHIP 3,458
    WADIKA MICHELLE
    1403 PROSPECT AVE
    SCRANTON,PA185051734     		NONE N/A COLLEGE SCHOLARSHIP 7,500
    WALTER AMANDA
    166 S MAINT ST
    ARCHBALD,PA184031731     		NONE N/A COLLEGE SCHOLARSHIP 5,000
    WESNAK SAMANTHA
    600 SCHOOL ST
    MOOSIC,PA18507     		NONE N/A COLLEGE SCHOLARSHIP 10,000
    WEST ERIN
    420 VIRGINIA AVE
    VESTAL,NY13850     		NONE N/A COLLEGE SCHOLARSHIP 4,714
    WILCHA SKYLER
    511 MESHOPPEN CREEK RD
    MESHOPPEN,PA18630     		NONE N/A COLLEGE SCHOLARSHIP 10,137
    Total .................................bullet 3a 763,803
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 53,912  
    4 Dividends and interest from securities....     14 246,718  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......     16 288,337  
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....         14,697
    8
    Gain or (loss) from sales of assets other than inventory .............     		    14 1,070,553  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aJACKSON NATL. ANNUITY -1099-R         14,918
    bOTHER INCOME - R/E         10,486
    cINSURANCE REIMBURSEMENT         5,593
    dGAIN/LOSS ON SALE SCRAP METAL         1,299
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,659,520 46,993
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,706,513
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    ROY W PIPER CHARITABLE TRUST
    C/O WILLIAM A PETTY
    EIN: 20-7487500
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 5,000 2,500   2,500

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

    TY 2014 DepreciationSchedule
    Name:
    ROY W PIPER CHARITABLE TRUST
    C/O WILLIAM A PETTY
    EIN: 20-7487500
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LAND-BASIS FROM ESTATE 2010-01-01 44,000              
    BUILDING-BASIS FROM ESTATE 2010-01-01 556,727 80,135 S/L 27.5000 20,245 20,245    
    LAND IMPROVEMENTS-CARRYOVER BASIS 2010-01-01 50,017 15,378 150DB 15.0000 3,464 3,464    
    FURNISHINGS 2010-06-15 1,868 1,545 200DB 5.0000 215 215    
    2 LOTS BY SUSQUEHANNA APTS 2010-01-01 30,000              
    FURNISHINGS 2011-03-31 407 407 200DB 5.0000        
    FURNISHINGS 2011-04-30 1,210 1,210 200DB 5.0000        
    FURNISHINGS 2011-07-31 352 352 200DB 5.0000        
    FURNISHINGS 2011-08-31 271 271 200DB 5.0000        
    FURNISHINGS 2011-10-31 921 921 200DB 5.0000        
    FURNISHINGS 2011-11-30 256 256 200DB 5.0000        
    NEW FURNACE 2012-01-31 1,694 1,287 200DB 5.0000 163 163    
    NEW CARPET 2012-04-30 256 194 200DB 5.0000 25 25    
    REFRIGERATOR 2012-04-30 265 201 200DB 5.0000 26 26    
    NEW CARPET 2012-05-31 256 194 200DB 5.0000 25 25    
    REFRIGERATOR 2012-05-31 265 201 200DB 5.0000 26 26    
    DEHUMIDIFIER 2012-06-30 79 60 200DB 5.0000 8 8    
    WATER HEATER 2012-06-30 150 114 200DB 5.0000 15 15    
    NEW CARPET 2012-06-30 575 437 200DB 5.0000 55 55    
    WATER HEATER 2012-06-30 917 697 200DB 5.0000 88 88    
    NEW CARPET 2012-09-30 256 194 200DB 5.0000 25 25    
    2 OIL TANKS 2012-12-31 609 463 200DB 5.0000 59 59    
    JOHN DEERE MOWER 2012-05-13 2,226 1,692 200DB 5.0000 213 213    
    OIL TANKS 2013-01-31 1,001 200 200DB 5.0000 320 320    
    CARPET 2013-03-31 268 54 200DB 5.0000 85 85    
    REFRIGERATOR 2013-04-30 276 55 200DB 5.0000 88 88    
    CARPET 2013-06-30 502 100 200DB 5.0000 161 161    
    DEHUMIDIFIER 2013-07-31 124 25 200DB 5.0000 39 39    
    CARPET 2013-09-30 349 70 200DB 5.0000 111 111    
    WASHER 2013-10-31 359 72 200DB 5.0000 115 115    
    WATER HEATER 2013-12-31 148 30 200DB 5.0000 47 47    
    REFRIGERATOR 2014-02-28 596   200DB 5.0000 358 358    
    WATER HEATER 2014-04-30 1,087   200DB 5.0000 652 652    
    CARPET 2014-05-31 368   200DB 5.0000 221 221    
    WATER HEATER 2014-07-31 872   200DB 5.0000 523 523    
    REFRIGERATOR 2014-08-31 252   200DB 5.0000 151 151    
    WATER HEATER 2014-08-31 266   200DB 5.0000 160 160    
    CARPET 2014-12-31 380   200DB 5.0000 228 228    
    CARPET 2014-07-31 354   200DB 5.0000 212 212    
    LAND-BASIS FROM ESTATE 2010-01-01 9,100              
    BUILDING-BASIS FROM ESTATE 2010-01-01 106,139 15,278 S/L 27.5000 3,860 3,860    
    FURNISHINGS 2010-06-15 244 202 200DB 5.0000 28 28    
    LAND-BASIS FROM ESTATE 2010-01-01 10,000              
    BUILDING-BASIS FROM ESTATE 2010-01-01 103,680 14,942 S/L 27.5000 3,771 3,771    
    IMPROVEMENTS 2011-06-15 2,383 220 S/L 27.5000 87 87    
    LAND-BASIS FROM ESTATE 2010-01-01 7,700              
    BUILDING-BASIS FROM ESTATE 2010-01-01 78,102 11,242 S/L 27.5000 2,840 2,840    
    IMPROVEMENTS 2010-12-01 655 73 S/L 27.5000 23 23    
    FURNISHINGS 2010-10-26 1,125 931 200DB 5.0000 129 129    
    LAND @ FMV 1/1/10 2010-01-01 4,400              
    BUILDING @ FMV 1/1/10 2010-01-01 105,600 15,200 S/L 27.5000 3,840 3,840    
    IMPROVEMENTS 2010-11-02 248 28 S/L 27.5000 9 9    
    IMPROVEMENTS 2011-06-15 179 17 S/L 27.5000 7 7    
    NEW CARPET 2012-07-09 2,285 1,737 200DB 5.0000 219 219    
    WASHER & DRYER 2012-12-14 514 391 200DB 5.0000 49 49    
    RANGE 2013-03-11 514 103 200DB 5.0000 164 164    
    FURNITURE 2013-05-12 261 52 200DB 5.0000 84 84    
    STOVE 2014-01-29 503   200DB 5.0000 302 302    
    LAND @ FMV 1/1/10 2010-01-01 8,080              
    BUILDING @ FMV 1/1/10 2010-01-01 92,920 13,375 S/L 27.5000 3,379 3,379    
    IMPROVEMENTS 2010-12-15 10,268 1,136 S/L 27.5000 373 373    
    IMPROVEMENTS 2011-06-15 929 86 S/L 27.5000 33 33    
    FURNISHINGS 2011-06-15 1,971 1,971 200DB 5.0000        
    FURNACE 2014-03-13 4,639   S/L 27.5000 134 134    
    BUILDING IMPROVEMENTS 2014-11-26 6,445   S/L 15.0000 3,330 3,330    
    LAND-BASIS FROM ESTATE 2010-01-01 8,200              
    BUILDING-BASIS FROM ESTATE 2010-01-01 65,490 9,426 S/L 27.5000 2,381 2,381    
    STOVE 2014-05-30 636   200DB 5.0000 382 382    
    REFRIGERATOR 2014-05-30 584   200DB 5.0000 350 350    
    REFRIGERATOR 2014-08-12 585   200DB 5.0000 351 351    
    STOVE 2014-08-12 460   200DB 5.0000 276 276    
    DISHWASHER 2014-08-12 400   200DB 5.0000 240 240    
    CARPET 2014-08-19 1,100   200DB 5.0000 660 660    
    IMPROVEMENTS 2014-10-03 1,092   S/L 15.0000 564 564    
    LAND @ FMV 1/1/10 2010-01-01 99,660              
    BUILDING @ FMV 1/1/10 2010-01-01 202,340 20,536 S/L 39.0000 5,189 5,189    
    WATER PUMP 2012-01-25 795 604 200DB 5.0000 77 77    
    LAND-BASIS FROM ESTATE 2010-01-01 100,000              
    BUILDING-BASIS FROM ESTATE 2010-01-01 200,819 20,382 S/L 39.0000 5,150 5,150    
    IMPROVEMENTS-BARRACKS 2010-10-15 3,032 249 S/L 39.0000 78 78    
    HEAT PUMP 2010-03-01 7,900 768 S/L 39.0000 203 203    
    IMPROVEMENTS-BARRACKS 2011-06-15 1,711 112 S/L 39.0000 44 44    
    NEW BASE CABINETS 2012-10-11 508 386 200DB 5.0000 49 49    
    WATER HEATER 2013-01-28 328 66 200DB 5.0000 104 104    
    HEATING UNIT 2013-08-26 2,008 19 S/L 39.0000 52 52    
    PARKING LOT PAVING 2013-05-31 32,000 1,600 150DB 15.0000 3,040 3,040    
    HVAC 2014-07-30 5,185   S/L 39.0000 61 61    
    LAND @ FMV 1/1/10 2010-01-01 180,090              
    BUILDING @ FMV 1/1/10 2010-01-01 486,910 49,420 S/L 39.0000 12,485 12,485    
    IMPROVEMENTS-BARRACKS 2011-06-15 22,681 1,478 S/L 39.0000 582 582    
    NEW HEATING UNIT 2012-02-29 16,880 1,151 S/L 27.5000 614 614    
    RANGE 2013-09-04 480 96 200DB 5.0000 154 154    
    LAND-BASIS FROM ESTATE 2010-01-01 20,800              
    BUILDING-BASIS FROM ESTATE 2010-01-01 116,023 16,700 S/L 27.5000 4,219 4,219    
    LAND @ FMV 1/1/10 2010-01-01 84,180              
    BUILDING @ FMV 1/1/10 2010-01-01 281,820 28,603 S/L 39.0000 7,226 7,226    
    IMPROVEMENTS-BARRACKS 2010-09-30 3,909 329 S/L 39.0000 101 101    
    FURNISHINGS 2010-09-15 1,557 1,288 200DB 5.0000 179 179    
    PARKING LOT 2011-06-02 22,550 22,550 150DB 15.0000        
    AIR CONDITION UNIT 2012-08-06 3,500 2,660 200DB 5.0000 336 336    
    CARPET 2013-12-30 600 120 200DB 5.0000 192 192    
    HEATING UNIT 2013-06-17 2,216 31 S/L 39.0000 57 57    
    HVAC 2014-07-09 4,385   S/L 39.0000 2,218 2,218    
    CARPET 2014-01-17 1,790   200DB 5.0000 1,074 1,074    
    CARPET 2014-02-13 1,685   200DB 5.0000 1,011 1,011    
    PARKING AREA 2014-09-10 6,728   150DB 15.0000 3,532 3,532    
    LAND-BASIS FROM ESTATE 2010-01-01 90,000              
    BUILDING-BASIS FROM ESTATE 2010-01-01 329,128 33,405 S/L 39.0000 8,440 8,440    
    LAND IMPROVEMENTS 2010-01-01 5,185 1,594 150DB 15.0000 359 359    
    EQUIPMENT 2010-01-01 24,276 16,693 200DB 7.0000 2,167 2,167    
    CARPET 2013-05-10 1,380 276 200DB 5.0000 442 442    
    WATER HEATER 2014-01-29 315   200DB 5.0000 189 189    
    LAND @ FMV 1/1/10 2010-01-01 38,750              
    BUILDING @ FMV 1/1/10 2010-01-01 116,250 16,733 S/L 27.5000 4,227 4,227    
    LAND - BASIS FROM ESTATE 2010-01-01 7,800              
    BUILDING - BASIS FROM ESTATE 2010-01-01 85,310 12,260 S/L 27.5000 3,103 3,103    
    CARPET & VINYL 2013-08-28 104 21 200DB 5.0000 33 33    
    RANGE 2013-06-05 475 95 200DB 5.0000 152 152    
    APARTMENT IMPROVEMENTS 2013-05-12 4,293 69 S/L 39.0000 110 110    

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    TY 2014 GainLossSaleOtherAssetsSch
    Name:
    ROY W PIPER CHARITABLE TRUST
    C/O WILLIAM A PETTY
    EIN: 20-7487500
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    SEE ATTACHMENT D-1 2014-12 PURCHASE 2014-12   232,377 218,184     14,193  
    SEE ATTACHMENT D-1 2014-12 PURCHASE 2014-12   325,775 232,347     93,428  
    SEE ATTACHMENT D-1 2014-12 PURCHASE 2014-12   203,866 124,556     79,310  
    SEE ATTACHMENT D-1 2014-12 PURCHASE 2014-12   16 16        
    SEE ATTACHMENT D-2 2014-12 PURCHASE 2014-12   260,810 241,571     19,239  
    SEE ATTACHMENT D-2 2014-12 PURCHASE 2014-12   553,496 379,008     174,488  
    SEE ATTACHMENT D-2 2014-12 PURCHASE 2014-12   101,881 57,574     44,307  
    SEE ATTACHMENT D-2 2014-12 PURCHASE 2014-12   21 21        
    SEE ATTACHMENT D-3 2014-12 PURCHASE 2014-12   1,573,288 1,501,282     72,006  
    SEE ATTACHMENT D-3 2014-12 PURCHASE 2014-12   1,012,967 863,359     149,608  
    SEE ATTACHMENT D-3 2014-12 PURCHASE 2014-12   28 20     8  
    SEE ATTACHMENT D-4 2014-12 PURCHASE 2014-12   169,410 189,588     -20,178  
    SEE ATTACHMENT D-4 2014-12 PURCHASE 2014-12   64,927 65,792     -865  
    SEE ATTACHMENT D-4 2014-12 PURCHASE 2014-12   394,024 364,133     29,891  
    SEE ATTACHMENT D-5 2014-12 PURCHASE 2014-12   196,207 168,550     27,657  
    SEE ATTACHMENT D-6 2014-12 PURCHASE 2014-12   32,575 32,477     98  
    SEE ATTACHMENT D-6 2014-12 PURCHASE 2014-12   253,996 254,504     -508  
    SEE ATTACHMENT D-6 2014-12 PURCHASE 2014-12   2,954 2,988     -34  
    SEE ATTACHMENT D-6 2014-12 PURCHASE 2014-12   374,201 374,178     23  
    SEE ATTACHMENT D-6 2014-12 PURCHASE 2014-12   2,059 2,065     -6  
    SEE ATTACHMENT D-7 2014-12 PURCHASE 2014-12   287,181 288,770     -1,589  
    SEE ATTACHMENT D-7 2014-12 PURCHASE 2014-12   788,410 509,507     278,903  
    SEE ATTACHMENT D-7 2014-12 PURCHASE 2014-12   33,271 16,374     16,897  
    SEE ATTACHMENT D-8 2014-12 PURCHASE 2014-12   365,888 375,231     -9,343  
    SEE ATTACHMENT D-8 2014-12 PURCHASE 2014-12   42 42        
    SEE ATTACHMENT D-8 2014-12 PURCHASE 2014-12   285,171 243,074     42,097  
    SEE ATTACHMENT D-8 2014-12 PURCHASE 2014-12   83,183 50,678     32,505  
    SEE ATTACHMENT D-9 2014-12 PURCHASE 2014-12   15,511 15,511        
    SEE ATTACHMENT D-9 2014-12 PURCHASE 2014-12   86,325 86,325        

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    ROY W PIPER CHARITABLE TRUST
    C/O WILLIAM A PETTY
    EIN: 20-7487500
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MERRILL LYNCH 10125    
    MERRILL LYNCH 10497 1,605,035 1,605,035
    MERRILL LYNCH 10498 567,761 567,761
    MERRILL LYNCH 10499 679,029 679,029
    JACKSON LIFE ANNUITY 1,000,000 1,000,000
    MERRILL LYNCH 10791 1,260,456 1,260,456
    MERRILL LYNCH 10792 3,738,677 3,738,677
    MERRILL LYNCH 10793 1,780,466 1,780,466
    MERRILL LYNCH 10794 483,250 483,250
    MERRILL LYNCH 11080 1,275,272 1,275,272

    TY 2014 InvestmentsOtherSchedule2
    Name:
    ROY W PIPER CHARITABLE TRUST
    C/O WILLIAM A PETTY
    EIN: 20-7487500
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PARTNERSHIP INVESTMENT IN IGM 2003-1   91 91
    PARTNERSHIP INVESTMENT IN IGM 2003-2   32 32
    PARTNERSHIP INVESTMENT IN IGM 2004-1   39 39
    PARTNERSHIP INVESTMENT IN IGM 2004-1   42 42
    PARTNERSHIP INVESTMENT IN IGM 2005-1   106 106
    PARTNERSHIP INVESTMENT IN IGM 2005-2   187 187
    PARTNERSHIP INVESTMENT IN IGM 2006-1   70 70
    PARTNERSHIP INVESTMENT IN IGM 2006-2   87 87
    IGM DISTRIBUTION IN TRANSIT   780 780

    TY 2014 LandEtcSchedule2
    Name:
    ROY W PIPER CHARITABLE TRUST
    C/O WILLIAM A PETTY
    EIN: 20-7487500
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDING 3,014,087 460,021 2,554,066 3,014,087
    LAND IMPROVEMENTS 116,480 51,518 64,962 116,480
    EQUIPMENT & FURNISHINGS 84,642 56,638 28,004 84,642
    LAND 742,760   742,760 742,760


    TY 2014 LegalFeesSchedule
    Name:
    ROY W PIPER CHARITABLE TRUST
    C/O WILLIAM A PETTY
    EIN: 20-7487500
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT LEGAL FEES 675     675


    TY 2014 OtherAssetsSchedule
    Name:
    ROY W PIPER CHARITABLE TRUST
    C/O WILLIAM A PETTY
    EIN: 20-7487500
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSIT IN TRANSIT - ROYALTIES   95 95


    TY 2014 OtherDecreasesSchedule
    Name:
    ROY W PIPER CHARITABLE TRUST
    C/O WILLIAM A PETTY
    EIN: 20-7487500
    Description Amount
       
       


    TY 2014 OtherExpensesSchedule
    Name:
    ROY W PIPER CHARITABLE TRUST
    C/O WILLIAM A PETTY
    EIN: 20-7487500
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SUSQUEHANNA APARTMENTS        
    FUEL OIL 30,717 30,717    
    UTILITIES 21,437 21,437    
    INSURANCE 10,733 10,733    
    MAINTENANCE SUPPLIES 5,699 5,699    
    TRASH COLLECTION 4,903 4,903    
    GROUND MAINT & SUPPLY 2,082 2,082    
    VEHICLE EXPENSE 1,242 1,242    
    EQUIPMENT REPAIRS 1,139 1,139    
    BUILDING REPAIRS 922 922    
    PEST CONTROL 858 858    
    TENANT FUNCTIONS 698 698    
    OFFICE EXPENSE 616 616    
    TELEPHONE 257 257    
    SYSTEM TESTING 254 254    
    SNOW REMOVAL 227 227    
    DUES & DONATION 110 110    
    YARD MAINTENANCE 16 16    
    53WYOMINGAVE &55 W HARRISON        
    INSURANCE 1,133 1,133    
    REPAIRS & MAINTENANCE 168 168    
    10-12 PA AVE,TUNKHANNOCK PA        
    INSURANCE 973 973    
    REPAIRS & MAINTENANCE 97 97    
    220-222 NEW MALLERY PL, WB        
    INSURANCE 974 974    
    PEST CONTROL 828 828    
    RECYCLING FEES 100 100    
    LEVEE FEE 47 47    
    REPAIRS & MAINTENANCE 559 559    
    UTILITIES 465 465    
    224 NEW MALLERY PL, WB        
    REPAIRS & MAINTENANCE 848 848    
    INSURANCE 1,431 1,431    
    PEST CONTROL 748 748    
    RECYCLING FEES 200 200    
    LEVEE FEE 94 94    
    UTILITIES 1,161 1,161    
    228-230 NEW MALLERY PL WB        
    REPAIRS & MAINTENANCE 5,937 5,937    
    INSURANCE 1,435 1,435    
    PEST CONTROL 974 974    
    RECYCLING FEES 200 200    
    LEVEE FEE 47 47    
    UTILITIES 4,046 4,046    
    RENTAL INSPECTION 100 100    
    35 SECOND STREET, TUNK PA        
    INSURANCE 654 654    
    REPAIRS & MAINTENANCE 5,819 5,819    
    UTILITIES 308 308    
    5730 INTERCHANGE, LEHIGHTON        
    REPAIRS & MAINTENANCE 4,935 4,935    
    INSURANCE 2,476 2,476    
    WATER TESTING 175 175    
    PEST CONTROL 318 318    
    UTILITIES 712 712    
    1745 VALLEY RD, MANSFIELD        
    REPAIRS & MAINTENANCE 7,278 7,278    
    INSURANCE 2,947 2,947    
    PEST CONTROL 1,342 1,342    
    WATER TESTING 184 184    
    UTILITIES 574 574    
    872 SALEM BLVD,SHICKSHINNY        
    REPAIRS & MAINTENANCE 3,725 3,725    
    INSURANCE 3,199 3,199    
    PEST CONTROL 588 588    
    WATER TESTING 122 122    
    UTILITIES 407 407    
    22 SPRUCE STREET, TUNK PA        
    INSURANCE 748 748    
    RR1 ROUTE 6&PA 220N TOWANDA        
    REPAIRS & MAINTENANCE 13,591 13,591    
    INSURANCE 3,212 3,212    
    PEST CONTROL 968 968    
    WATER TESTING 122 122    
    UTILITIES 1,545 1,545    
    915 ROUTE 6, TUNKHANNOCK PA        
    REPAIRS & MAINTENANCE 13,822 13,822    
    INSURANCE 3,150 3,150    
    MAT RENTAL 840 840    
    PEST CONTROL 737 737    
    WATER TESTING 122 122    
    UTILITIES 711 711    
    119 WARREN ST TUNKHANNOCK        
    INSURANCE 828 828    
    PEST CONTROL 545 545    
    REPAIRS & MAINTENANCE 594 594    
    35 WYOMING AVE        
    REPAIRS & MAINTENANCE 375 375    
    INSURANCE 810 810    
    EXPENSES        
    MERRILL LYNCH FEES 80,160 80,160    
    UNREPORTED GAIN/LOSS 14,411 14,411    
    SERVICE CHARGES/FEES - STOCK 2,154 2,154    
    SHOLARSHIP LUNCHEON 1,038     1,038
    GATHERING FEE 821 821    
    BANK SERVICE CHARGE 144     144


    TY 2014 OtherIncomeSchedule2
    Name:
    ROY W PIPER CHARITABLE TRUST
    C/O WILLIAM A PETTY
    EIN: 20-7487500
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INCOME FROM IGM 4,799 4,799  
    ROYALTY INCOME 9,898 9,898  
    JACKSON NATL. ANNUITY -1099-R 14,918    
    OTHER INCOME - R/E 10,486    
    INSURANCE REIMBURSEMENT 5,593    
    GAIN/LOSS ON SALE SCRAP METAL 1,299    


    TY 2014 OtherIncreasesSchedule
    Name:
    ROY W PIPER CHARITABLE TRUST
    C/O WILLIAM A PETTY
    EIN: 20-7487500
    Description Amount
       


    TY 2014 OtherLiabilitiesSchedule
    Name:
    ROY W PIPER CHARITABLE TRUST
    C/O WILLIAM A PETTY
    EIN: 20-7487500
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL TAXES 1,863 2,405
    DEPOSIT ON SALE - SPRUCE STREET 3,000 3,000
    SECURITY DEPOSITS 10,928 10,460


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    ROY W PIPER CHARITABLE TRUST
    C/O WILLIAM A PETTY
    EIN: 20-7487500
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SUSQUEHANNA APARTMENTS 36,287      
    INDIRECT OTHER PROFESSIONAL FEES 8,400     8,400


    TY 2014 TaxesSchedule
    Name:
    ROY W PIPER CHARITABLE TRUST
    C/O WILLIAM A PETTY
    EIN: 20-7487500
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAX - OFFICE 3,509 1,754   1,755
    SUSQUEHANNA APARTMENTS 28,247      
    53WYOMINGAVE &55 W HARRISON 3,830      
    10-12 PA AVE,TUNKHANNOCK PA 4,354      
    220-222 NEW MALLERY PL, WB 2,809      
    224 NEW MALLERY PL, WB 3,653      
    228-230 NEW MALLERY PL WB 3,158      
    35 SECOND STREET, TUNK PA 4,052      
    5730 INTERCHANGE, LEHIGHTON 7,592      
    1745 VALLEY RD, MANSFIELD 8,193      
    872 SALEM BLVD,SHICKSHINNY 10,079      
    22 SPRUCE STREET, TUNK PA 3,328      
    RR1 ROUTE 6&PA 220N TOWANDA 10,508      
    915 ROUTE 6, TUNKHANNOCK PA 3,416      
    119 WARREN ST TUNKHANNOCK 2,581      
    35 WYOMING AVE 2,903