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
JAMES E CAMPBELL FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)100 CHARLESTON PLACE   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
JACKSON, TN38305
A Employer identification number

26-3889180
B Telephone number (see instructions)

(731) 668-9399
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$3,616,286J 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 701 701  
4 Dividends and interest from securities...... 100,159 100,159  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 193,512
b Gross sales price for all assets on line 6a 1,929,416
7 Capital gain net income (from Part IV, line 2)... 216,921
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).......      
12 Total. Add lines 1 through 11........ 294,372 317,781  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 2,000 2,000    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 10,551      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 24 24    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 12,575 2,024   0
25 Contributions, gifts, grants paid........ 231,846 231,846
26 Total expenses and disbursements. Add lines 24 and 25 244,421 2,024   231,846
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 49,951
b Net investment income (if negative, enter -0-) 315,757
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...............      
2 Savings and temporary cash investments.......... 1,155,524 212,493 212,493
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 2,115,396 Click to see attachment3,027,531 3,403,793
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,270,920 3,240,024 3,616,286
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 attachment81,619 Click to see attachment772
23 Total liabilities (add lines 17 through 22).......... 81,619 772
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 3,189,301 3,239,252
30 Total net assets or fund balances (see instructions)...... 3,189,301 3,239,252
31 Total liabilities and net assets/fund balances (see instructions).. 3,270,920 3,240,024
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 3,189,301
2 Enter amount from Part I, line 27a..................... 2 49,951
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 3,239,252
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 3,239,252
Form 990-PF (2014)
Form 990-PF (2014)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a CALL AT&T INC COM 04 5.00 P 2014-01-14 2004-04-14
b CALL INTEL CORP COM 32.00 P 2014-07-16 2008-04-14
c PUT INTERN ATIONAL 160.00 P 2014-11-21 2012-01-14
d CALL CATERP ILLAR IN 55.00 P 2013-03-21 2014-02-14
e PUT APPLE INC COM 0 10.00 P 2002-12-14 2014-04-21
CALL INTERN ATIONAL 215.00 P 2014-04-21 2014-05-16
GOLDMAN SACHS GROUP S REPSTG 1/1000 P 2013-08-21 2014-05-28
MICROSOFT CORP COM P 2005-09-13 2014-07-18
PUT JP MORGAN CHASE 52.50 P 2014-05-16 2014-08-22
CALL AMERICAN EAGLE 13.00 P 2014-08-18 2014-09-19
CALL INTERN ATIONAL 200.00 P 2014-05-16 2014-10-20
CALL BANK AMER CORP 17.00 P 2006-02-14 2014-11-21
CALL CATERP ILLAR IN 110.00 P 2014-11-21 2014-12-22
CALL AT&T INC COM 01 8.00 P 2002-12-14 2004-04-14
CALL INTEL CORP COM 28.00 P 2006-11-14 2008-04-14
PUT BP PLC SPONS AD 41.00 P 2014-10-17 2012-01-14
CALL BANK AMER CORP 16.00 P 2013-11-18 2014-02-14
CALL BP PLC SPONS AD 50.00 P 2014-01-15 2014-04-21
CALL JP MORGAN CHASE 60.00 P 2014-04-15 2014-05-16
CALL INTEL CORP COM 15.00 P 2006-12-14 2014-06-13
CALL AT&T INC COM 07 7.00 P 2014-03-31 2014-07-21
PUT INTERN ATIONAL 182.50 P 2008-08-14 2014-09-15
CALL AMERICAN EAGLE 8.00 P 2005-01-14 2014-09-19
CALL INTERN ATIONAL 200.00 P 2006-02-14 2014-10-20
PUT AMERICAN EAGLE 11.00 P 2014-08-15 2014-11-24
CALL BP PLC SPONS AD 33.00 P 2013-02-20 2014-12-24
CALL CATERP ILLAR IN 97.50 P 2014-01-21 2004-04-14
INTEL CORP COM P 2012-11-16 2008-04-14
PUT BP PLC SPONS AD 41.00 P 2014-11-21 2012-01-14
CALL CATERP ILLAR IN 92.50 P 2013-12-18 2014-02-14
CALL INTERN ATIONAL 200.00 P 2014-01-15 2014-04-21
CATERPILLAR INC COM P 2009-02-20 2014-05-16
CALL INTEL CORP COM 15.00 P 2012-11-02 2014-06-13
PUT VERIZON COMMUNI 45.00 P 2002-12-14 2014-07-21
CALL JP MORGAN CHASE 40.00 P 2014-05-16 2014-09-16
CALL AMERICAN EAGLE 13.00 P 2014-08-18 2014-09-19
CALL INTERN ATIONAL 205.00 P 2014-07-21 2014-10-20
CALL CATERP ILLAR IN 110.00 P 2014-07-16 2014-11-24
CALL DOW CHEM CO EXP 25.00 P 2013-02-25 2014-12-24
CALL AT&T INC COM 05 5.00 P 2002-12-14 2004-04-14
CALL INTEL CORP COM 15.00 P 2012-11-02 2008-04-14
PUT AMERICAN EAGLE 12.00 P 2014-11-21 2012-01-14
PUT CATERP ILLAR IN 80.00 P 2013-11-18 2014-02-14
CALL NUCOR CORP COM 55.00 P 2011-05-13 2014-04-21
PUT CISCO SYSTEMS I 21.00 P 2014-02-26 2014-05-19
CALL CISCO SYSTEMS I 15.00 P 2014-02-13 2014-06-16
CALL INTERN ATIONAL 195.00 P 2014-05-21 2014-07-21
CALL JP MORGAN CHASE 57.50 P 2014-05-21 2014-09-16
PUT JP MORGAN CHASE 52.50 P 2014-05-16 2014-09-22
PUT APPLE INC COM 1 88.57 P 2014-07-18 2014-10-20
PUT CATERP ILLAR IN 90.00 P 2014-07-18 2014-11-24
CALL JP MORGAN CHASE 62.50 P 2014-09-30 2014-12-30
AT&T INC COM P 2010-10-07 2004-07-14
CALL INTEL CORP COM 15.00 P 2013-01-07 2008-04-14
CALL JP MORGAN CHASE 62.50 P 2014-09-30 2012-11-14
PUT APPLE INC COM 0 70.00 P 2014-01-28 2014-02-14
CALL NUCOR CORP COM 57.50 P 2014-01-16 2014-04-21
CALL INTERN ATIONAL 195.00 P 2014-01-28 2014-05-21
CALL CISCO SYSTEMS I 24.00 P 2014-03-31 2014-06-16
CALL NUCOR CORP COM 55.00 P 2014-04-21 2014-07-21
CALL JP MORGAN CHASE 57.50 P 2014-05-16 2014-09-16
PUT PFIZER INC COM 28.00 P 2014-05-16 2014-09-22
CALL WAL MART STORES 77.50 P 2008-04-14 2014-10-20
PUT CATERP ILLAR IN 97.50 P 2014-07-18 2014-11-24
CALL CISCO SYSTEMS I 26.00 P 2014-08-18 2014-12-30
CALL CATERP ILLAR IN 100.00 P 2014-02-18 2005-08-14
PUT HERBAL IFE LTD 55.00 P 2014-07-23 2008-05-14
CALL JP MORGAN CHASE 60.00 P 2014-09-30 2012-11-14
CALL BANK AMER CORP 7.00 P 2012-12-17 2014-02-14
CALL BANK AMER CORP 18.00 P 2014-01-15 2014-04-28
GOLDMAN SACHS GROUP S REPSTG 1/1000 P 2013-08-21 2014-05-28
CALL JP MORGAN CHASE 57.50 P 2014-05-16 2014-06-30
CALL NUCOR CORP COM 55.00 P 2014-01-28 2014-07-21
CALL BANK AMER CORP 16.00 P 2006-02-14 2014-09-16
CALL PFIZER INC COM 31.00 P 2014-05-16 2014-09-22
CALL INTERN ATIONAL 150.00 P 2014-01-28 2014-10-31
CALL BP PLC SPONS AD 48.00 P 2009-05-14 2014-11-24
CALL CISCO SYSTEMS I 26.00 P 2014-09-19 2014-12-30
CALL CONOCO PHILLIPS 70.00 P 2014-01-28 2005-08-14
CALL INTEL CORP COM 32.00 P 2014-07-16 2008-07-14
CALL BANK AMER CORP 15.00 P 2013-10-21 2014-01-15
CALL DOW CHEM CO EXP 41.00 P 2013-12-19 2014-03-13
CALL BANK AMER CORP 18.00 P 2014-02-14 2014-04-28
GOLDMAN SACHS GROUP S REPSTG 1/1000 P 2013-08-21 2014-05-28
CALL INTEL CORP COM 29.00 P 2014-04-17 2014-07-16
CALL NUCOR CORP COM 57.50 P 2014-01-22 2014-07-21
NUCOR CORP COM P 2014-01-15 2014-09-17
CALL CISCO SYSTEMS I 26.00 P 2014-06-16 2014-09-22
CALL INTERN ATIONAL 195.00 P 2014-10-17 2014-10-31
CALL PFIZER INC COM 30.00 P 2014-08-18 2014-12-19
CALL CONOCO PHILLIPS 45.00 P 2014-01-24 2005-08-14
CALL BANK AMER CORP 16.00 P 2006-02-14 2008-08-14
CALL BP PLC SPONS AD 33.00 P 2013-02-20 2014-01-15
CALL DOW CHEM CO EXP 25.00 P 2013-02-25 2014-03-13
PUT CONOCO PHILLIPS 62.50 P 2002-12-14 2014-04-28
GOLDMAN SACHS GROUP S REPSTG 1/1000 P 2013-08-21 2014-05-28
CALL CATERP ILLAR IN 105.00 P 2004-04-14 2014-07-16
CALL NUCOR CORP COM 60.00 P 2014-01-22 2014-07-21
NUCOR CORP COM P 2014-01-15 2014-09-17
CALL JP MORGAN CHASE 45.00 P 2005-08-14 2014-09-30
CALL BP PLC SPONS AD 52.50 P 2008-04-14 2014-10-31
CALL INTEL CORP COM 35.00 P 2014-10-16 2014-12-19
CALL CATERP ILLAR IN 97.50 P 2014-01-21 2005-08-14
CALL BANK AMER CORP 7.00 P 2012-12-17 2008-08-14
CALL BPPLC SPONS AD 46.00 P 2013-10-21 2014-01-15
CALL BANK AMER CORP 17.00 P 2013-12-23 2014-03-21
CALL BANK AMER CORP 19.00 P 2014-03-21 2014-04-28
GOLDMAN SACHS GROUP S REPSTG 1/1000 P 2013-08-21 2014-05-28
CALL CATERP ILLAR IN 105.00 P 2005-08-14 2014-07-16
PUT AMERICAN EAGLE 11.00 P 2005-01-14 2014-08-15
NUCOR CORP COM P 2014-01-15 2014-09-17
CALL JP MORGAN CHASE 60.00 P 2014-09-16 2014-09-30
PUT BANK AMER CORP 15.00 P 2014-08-18 2014-10-31
CALL INTEL CORP COM 36.00 P 2011-04-14 2014-12-19
CALL CATERP ILLAR IN 60.00 P 2013-03-06 2005-08-14
PUT HERBAL IFE LTD 55.00 P 2014-07-23 2009-11-14
CALL BANK AMER CORP 7.00 P 2012-12-17 2014-01-15
CALL BANK AMER CORP 7.00 P 2012-12-17 2014-03-21
PUT APPLE INC COM 0 70.00 P 2014-01-28 2014-04-28
GOLDMAN SACHS GROUP S REPSTG 1/1000 P 2013-08-21 2014-05-28
CALL INTEL CORP COM 15.00 P 2012-11-02 2014-07-16
PUT BANK AMER CORP 14.00 P 2014-05-08 2014-08-15
NUCOR CORP COM P 2014-01-15 2014-09-17
CALL JP MORGAN CHASE 60.00 P 2014-06-30 2014-09-30
PUT JP MORGAN CHASE 55.00 P 2008-08-14 2014-10-31
CALL INTEL CORP COM 15.00 P 2013-01-07 2014-12-19
CALL CURREN CYSHARES 93.00 P 2002-12-14 2006-11-14
CALL INTEL CORP COM 32.00 P 2014-07-16 2011-04-14
CALL INTEL CORP COM 26.00 P 2013-10-21 2014-01-16
CALL CURREN CYSHARES 93.00 P 2014-01-15 2014-03-24
PUT AT&T INC COM EX 32.00 P 2002-12-14 2014-04-28
GOLDMAN SACHS GROUP S REPSTG 1/1000 P 2013-08-21 2014-05-28
CALL CATERP ILLAR IN 60.00 P 2013-03-06 2014-07-16
CALL AMERICAN EAGLE 13.00 P 2005-01-14 2014-08-18
NUCOR CORP COM P 2014-01-15 2014-09-17
PUT INTERN ATIONAL 185.00 P 2014-07-18 2014-10-16
PUT JP MORGAN CHASE 55.00 P 2014-08-18 2014-10-31
CALL INTEL CORP COM 15.00 P 2013-01-07 2014-12-19
CALL CURREN CYSHARES 93.00 P 2014-03-24 2006-11-14
CALL INTEL CORP COM 34.00 P 2008-04-14 2011-04-14
EXXON MOBIL CORP COM P 2014-01-15 2014-01-17
CALL INTEL CORP COM 26.00 P 2013-12-20 2014-03-24
CALL CISCO SYSTEMS I 15.00 P 2014-02-13 2014-05-15
GOLDMAN SACHS GROUP S REPSTG 1/1000 P 2013-08-21 2014-05-28
CONOCOPHILLIPS COM P 2014-07-16 2014-07-17
CALL CISCO SYSTEMS I 25.00 P 2014-05-15 2014-08-18
CALL NUCOR CORP COM 55.00 P 2014-07-21 2014-09-17
CALL AT&T INC COM 10 7.00 P 2014-07-18 2014-10-20
CALL INTERN ATIONAL 190.00 P 2014-10-16 2014-10-31
CALL DOW CHEM CO EXP 55.00 P 2006-11-14 2014-12-22
CALL DOW CHEM CO EXP 50.00 P 2014-03-13 2006-11-14
CALL INTEL CORP COM 15.00 P 2013-01-07 2011-04-14
CALL CATERP ILLAR IN 95.00 P 2013-10-21 2014-01-21
CALL INTEL CORP COM 27.00 P 2014-01-16 2014-04-17
CALL CISCO SYSTEMS I 23.00 P 2014-02-13 2014-05-15
GOLDMAN SACHS GROUP S REPSTG 1/1000 P 2013-08-21 2014-05-28
CALL VERIZON COMMUNI 50.00 P 2002-12-14 2014-07-18
PUT JP MORGAN CHASE 52.50 P 2014-05-08 2014-08-18
CALL NUCOR CORP COM 52.50 P 2014-07-21 2014-09-17
CALL MICROS OFT CORP 45.00 P 2014-07-18 2014-10-20
CALL INTERN ATIONAL 190.00 P 2014-10-17 2014-10-31
CALL INTERN ATIONAL 175.00 P 2014-10-31 2014-12-22
CALL INTEL CORP COM 26.00 P 2014-03-26 2006-11-14
CALL CURREN CYSHARES 94.00 P 2006-11-14 2011-05-14
CALL NUCOR CORP COM 55.00 P 2013-09-24 2014-01-21
CALL INTEL CORP COM 27.00 P 2013-11-18 2014-04-17
PUT APPLE INC COM 9 05.00 P 2014-04-21 2014-05-16
GOLDMAN SACHS GROUP S REPSTG 1/1000 P 2013-08-21 2014-05-28
CALL MICROS OFT CORP 43.00 P 2014-04-17 2014-07-18
CALL PFIZER INC COM 31.00 P 2014-05-16 2014-08-18
CALL NUCOR CORP COM 52.50 P 2014-07-21 2014-09-17
CALL BP PLC SPONS AD 52.50 P 2014-04-21 2014-10-20
PUT BP PLC SPONS AD 44.00 P 2014-09-05 2014-11-19
CALL BP PLC SPONS AD 44.00 P 2014-10-16 2014-12-22
CALL DOW CHEM CO EXP 25.00 P 2013-02-25 2006-11-14
CALL CHEVRON CORP NE 115.00 P 2014-10-16 2011-07-14
CALL CATERP ILLAR IN 55.00 P 2013-03-15 2014-02-14
CALL MICROS OFT CORP 40.00 P 2014-01-15 2014-04-17
CALL JP MORGAN CHASE 60.00 P 2014-04-22 2014-05-16
GOLDMAN SACHS GROUP S REPSTG 1/1000 P 2013-08-21 2014-05-28
CALL AT&T INC COM 07 6.00 P 2004-04-14 2014-07-18
PUT JP MORGAN CHASE 52.50 P 2014-05-16 2014-08-22
CALL NUCOR CORP COM 55.00 P 2014-04-21 2014-09-17
CALL BP PLC SPONS AD 52.50 P 2008-04-14 2014-10-20
CALL BANK AMER CORP 17.00 P 2014-09-16 2014-11-21
CALL BP PLC SPONS AD 45.00 P 2014-10-17 2014-12-22
(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 2,918   5,693 -2,775
b 8,477   9,372 -895
c 4,883   3,979 904
d 61,647   49,203 12,444
e 3,331     3,331
5,655   3,072 2,583
2,478   2,398 80
8,754   5,483 3,271
210   10 200
1,916   12,045 -10,129
9,718     9,718
3,002   1,746 1,256
605     605
8,951   6,459 2,492
4,396   29,723 -25,327
4,176   5,618 -1,442
465   1,335 -870
2,383     2,383
1,122   253 869
38,405   44,234 -5,829
1,400     1,400
610     610
15,604   10,056 5,548
5,791     5,791
5,881     5,881
15,333   22,810 -7,477
2,926   16,527 -13,601
26,769   17,308 9,461
2,013   8,938 -6,925
3,628   19,300 -15,672
5,949     5,949
9,736   3,414 6,322
43,404   22,692 20,712
2,367     2,367
59,096   47,522 11,574
1,136   10,924 -9,788
3,396     3,396
8,295     8,295
20,750   7,649 13,101
1,436   5,464 -4,028
25,901   10,590 15,311
2,631   3,283 -652
1,714   53 1,661
4,685     4,685
2,234     2,234
14,003   10,726 3,277
5,160     5,160
3,326   12,629 -9,303
840     840
2,146     2,146
2,412     2,412
4,973   4,964 9
3,478   2,610 868
9,250   3,346 5,904
1,865   1,591 274
1,272   471 801
986     986
5,325   1,448 3,877
872   2,138 -1,266
2,179     2,179
1,590   6,863 -5,273
1,713     1,713
920     920
    5,798 -5,798
1,297   6,050 -4,753
3,214   7,341 -4,127
10,014   5,093 4,921
2,690   3,067 -377
1,880   924 956
2,972   195 2,777
7,435   7,193 242
497   2,003 -1,506
2,069     2,069
1,791   3,546 -1,755
2,372     2,372
46,773   100,483 -53,710
2,011     2,011
957   4,840 -3,883
815   9,107 -8,292
2,003   1,874 129
2,238   14,403 -12,165
23,606   43,764 -20,158
429   65 364
9,916   9,591 325
2,332   50,604 -48,272
1,947     1,947
17,216   11,555 5,661
717     717
11,490   784 10,706
2,085   8,608 -6,523
9,553   6,991 2,562
545   269 276
57,233   33,338 23,895
48,396   15,307 33,089
1,498   78 1,420
7,437   7,193 244
8,462   14,738 -6,276
563     563
40,173   26,962 13,211
39,678   28,652 11,026
1,821   210 1,611
627   5,362 -4,735
234   1,466 -1,232
75,434   43,438 31,996
2,181   19,929 -17,748
888   2,800 -1,912
1,557   243 1,314
4,958   4,795 163
5,660   10,022 -4,362
3,681   2,060 1,621
5,782   3,852 1,930
7,967   8,378 -411
1,800   224 1,576
2,141   5,394 -3,253
4,418   3,133 1,285
8,478   4,075 4,403
11,019   5,083 5,936
3,159   1,386 1,773
3,817   47 3,770
2,479   2,398 81
47,600   19,667 27,933
1,316     1,316
5,781   3,852 1,929
3,291   5,109 -1,818
1,930   161 1,769
23,427   7,361 16,066
1,857   3,391 -1,534
8,011   9,777 -1,766
986   4,679 -3,693
337     337
792   70 722
2,479   2,398 81
25,147   15,666 9,481
4,243     4,243
17,344   11,555 5,789
1,734   2,197 -463
1,553   226 1,327
57,508   18,068 39,440
1,237   2,261 -1,024
11,781   12,075 -294
254,263   247,333 6,930
4,555     4,555
9,226   7,151 2,075
4,958   4,795 163
70,835   40,502 30,333
1,497     1,497
2,791   13,665 -10,874
5,047     5,047
3,543   147 3,396
5,163     5,163
5,883   8,658 -2,775
19,247   6,692 12,555
1,845     1,845
4,341   447 3,894
1,467   4,973 -3,506
2,479   2,398 81
2,061   1,659 402
2,028     2,028
4,160   17,369 -13,209
1,214     1,214
7,673   324 7,349
2,104     2,104
4,715   16,600 -11,885
6,846   404 6,442
2,756     2,756
2,036   414 1,622
4,735   326 4,409
2,478   2,398 80
603   1,721 -1,118
1,888     1,888
2,972   20,283 -17,311
2,310     2,310
826   2,783 -1,957
527     527
13,722   3,827 9,895
2,352   4,640 -2,288
57,537   48,502 9,035
439   230 209
2,346   828 1,518
56,748   54,908 1,840
7,803   1,658 6,145
1,469   71 1,398
3,682   7,153 -3,471
637     637
2,066   854 1,212
678     678
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       -2,775
b       -895
c       904
d       12,444
e       3,331
      2,583
      80
      3,271
      200
      -10,129
      9,718
      1,256
      605
      2,492
      -25,327
      -1,442
      -870
      2,383
      869
      -5,829
      1,400
      610
      5,548
      5,791
      5,881
      -7,477
      -13,601
      9,461
      -6,925
      -15,672
      5,949
      6,322
      20,712
      2,367
      11,574
      -9,788
      3,396
      8,295
      13,101
      -4,028
      15,311
      -652
      1,661
      4,685
      2,234
      3,277
      5,160
      -9,303
      840
      2,146
      2,412
      9
      868
      5,904
      274
      801
      986
      3,877
      -1,266
      2,179
      -5,273
      1,713
      920
      -5,798
      -4,753
      -4,127
      4,921
      -377
      956
      2,777
      242
      -1,506
      2,069
      -1,755
      2,372
      -53,710
      2,011
      -3,883
      -8,292
      129
      -12,165
      -20,158
      364
      325
      -48,272
      1,947
      5,661
      717
      10,706
      -6,523
      2,562
      276
      23,895
      33,089
      1,420
      244
      -6,276
      563
      13,211
      11,026
      1,611
      -4,735
      -1,232
      31,996
      -17,748
      -1,912
      1,314
      163
      -4,362
      1,621
      1,930
      -411
      1,576
      -3,253
      1,285
      4,403
      5,936
      1,773
      3,770
      81
      27,933
      1,316
      1,929
      -1,818
      1,769
      16,066
      -1,534
      -1,766
      -3,693
      337
      722
      81
      9,481
      4,243
      5,789
      -463
      1,327
      39,440
      -1,024
      -294
      6,930
      4,555
      2,075
      163
      30,333
      1,497
      -10,874
      5,047
      3,396
      5,163
      -2,775
      12,555
      1,845
      3,894
      -3,506
      81
      402
      2,028
      -13,209
      1,214
      7,349
      2,104
      -11,885
      6,442
      2,756
      1,622
      4,409
      80
      -1,118
      1,888
      -17,311
      2,310
      -1,957
      527
      9,895
      -2,288
      9,035
      209
      1,518
      1,840
      6,145
      1,398
      -3,471
      637
      1,212
      678
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 2 216,921
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 28,488
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      
2012      
2011      
2010      
2009      
2 Total of line 1, column (d) ...................... 2  
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  
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4  
5 Multiply line 4 by line 3....................... 5  
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6  
7 Add lines 5 and 6......................... 7  
8 Enter qualifying distributions from Part XII, line 4.............. 8  
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 6,315
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 6,315
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 6,315
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 8,272
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 8,272
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 20
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,937
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet1,937 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)
    bulletTN
    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 ofbulletJAMES CAMPBELL Telephone no.bullet (731) 668-9399
    Located atbullet100 CHARLESTON PLACEJACKSONTN ZIP+4bullet38305
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    JAMES CAMPBELL PRES-DIRECTO
    2.00     		0 0 0
    100 CHARLESTON PLACE
    JACKSON,TN383058838
    MONA CAMPBELL SEC-DIRECTOR
    1.00     		0 0 0
    100 CHARLESTON PLACE
    JACKSON,TN383058838
    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
    3,374,025
    b
    Average of monthly cash balances.......................
    1b
    632,534
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,006,559
    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
    4,006,559
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    60,098
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,946,461
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    197,323
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    197,323
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    6,315
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,315
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    191,008
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    191,008
    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
    191,008
    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
    231,846
    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
    231,846
    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
    231,846
    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 7 191,008
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 164,316
    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$ 231,846
    a Applied to 2013, but not more than line 2a 164,316
    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..... 67,530
    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 ..........     		123,478
    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.
    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:
    JAMES CAMPBELL
    100 CHARLESTON PLACE
    JACKSON,TN38305
    (731) 668-9399
    JMCAMPBELL@HMCOMPANY.COM
    bThe form in which applications should be submitted and information and materials they should include:
    GRANT APPLICATION PRESCRIBED BY BYLAWS INCLUDING HISTORY OF ORGANIZATION, NATURE OF THE REQUEST AND THE PROPOSED USE OF THE FUNDS.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    NORTH PARKWAY SCHOOL
    1341 N PARKWAY
    JACKSON,TN38301     		NA PC OPERATIONS 2,000
    WEST TENNESSEE HEALTHCARE FOUNDATIO
    620 SKYLINE DRIVE
    JACKSON,TN38301     		NA PC HANDS UP 15,000
    FIRST PRESBYTERIAN CHURCH
    1573 N HIGHLAND
    JACKSON,TN38301     		NA PC CENTURY FUND 65,846
    NORTH PARKWAY SCHOOL
    1341 N PARKWAY
    JACKSON,TN38301     		NA PC OPERATIONS 2,000
    JACKSON SYMPHONY ASSOCIATION
    207 E LAFAYETTE ST
    JACKSON,TN38301     		NA PC OPERATIONS 25,000
    FIRST PRESBYTERIAN CHURCH
    1573 N HIGHLAND
    JACKSON,TN38301     		NA PC CENTURY FUND 30,000
    CARE CENTER
    351 N LIBERTY
    JACKSON,TN38301     		NA PC OPERATIONS 1,000
    THE BRIGHTER CHRISTMAS FUND
    PO BOX 1059
    JACKSON,TN38302     		NA PC OPERATIONS 1,000
    SACRED HEART OF JESUS ACADEMY
    146 MCCLELLAN RD
    JACKSON,TN38305     		NA PC OPERATIONS 10,000
    FIRST PRESBYTERIAN CHURCH
    1573 N HIGHLAND
    JACKSON,TN38301     		NA PC CENTURY FUND 80,000
    Total .................................bullet 3a 231,846
    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 ............     		        701
    4 Dividends and interest from securities....         100,159
    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 .............     		        193,512
    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)..     294,372
    13Total. Add line 12, columns (b), (d), and (e)..................
    13294,372
    (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.)
    3 INCOME AND GROWTH INVESTMENTS FUND THE CHARITABLE PURPOSE
    4 INCOME AND GROWTH INVESTMENTS FUND THE CHARITABLE PURPOSE
    8 INCOME AND GROWTH INVESTMENTS FUND THE CHARITABLE PURPOSE
    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:
    JAMES E CAMPBELL FAMILY FOUNDATION
    EIN: 26-3889180
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 2,000 2,000    

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

    TY 2014 GainLossSaleOtherAssetsSch
    Name:
    JAMES E CAMPBELL FAMILY FOUNDATION
    EIN: 26-3889180
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    CONOCO PHILLIPS 2013-07 PURCHASE 2014-02   81,619 72,680     8,939  
    VARIOIUS 2013-07 PURCHASE 2014-06     32,348     -32,348  

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    JAMES E CAMPBELL FAMILY FOUNDATION
    EIN: 26-3889180
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AT&T INC 206,228 265,361
    BP PLC 65,564 60,992
    CATERPILLAR INC 92,171 247,131
    CONOCO PHILLIPS    
    DOW CHEMICAL CO 32,655 45,610
    INTEL CORP 107,713 199,595
    MICROSOFT CORP 27,415 46,450
    NUCOR CORP 272,532 377,685
    BB&T CORP PFD SER G 100,357 117,096
    BANK OF AMERICA CORP PFD SER D 200,945 208,496
    BANK OF NEW YORK MELLON PFD SER C 100,247 115,150
    GOLDMANSACHS GROUP INC PFD SER B 201,501 220,915
    JPMORGAN CHASE PFD SER P 121,421 111,390
    WELLS FARGO & CO PFD 100,685 131,265
    AT&T INC CALLS 51,659 60,293
    AMERICAN EAGLE OUTFITTERS CALLS 32,030 57,500
    BANK OF AMERICA CORP CALLS 140,258 152,600
    BP PLC CALLS 113,957 47,080
    CATERPILLAR INC CALLS 69,719 79,056
    CHEVRON CORP CALLS 48,610 53,180
    CISCO SYSTEMS INC CALLS 29,167 57,240
    CURRENCYSHARES CALLS 48,272 320
    DOW CHEMICAL CO CALLS 73,228 80,000
    EXXON MOBIL CORP CALLS    
    IBM CALLS 433,485 236,337
    INTEL CORP CALLS 37,097 55,446
    JP MORGAN CHASE & CO CALLS 49,445 77,020
    MICROSOFT CORP CALLS    
    NUCOR CORP CALLS 40,535 56,629
    PRFIZER INC CALLS 50,057 64,900
    VERIZON COMM CALLS 28,843 24,936
    WAL MART STORES CALLS 49,775 72,390
    CURRENCYSHARES AUSTRAILIAN DLR TR 101,960 81,730

    TY 2014 OtherExpensesSchedule
    Name:
    JAMES E CAMPBELL FAMILY FOUNDATION
    EIN: 26-3889180
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    BANK FEES 24 24    


    TY 2014 OtherLiabilitiesSchedule
    Name:
    JAMES E CAMPBELL FAMILY FOUNDATION
    EIN: 26-3889180
    Description Beginning of Year - Book Value End of Year - Book Value
    OBLIGATION UNDER STOCK SHORT SALE 81,619 772


    TY 2014 TaxesSchedule
    Name:
    JAMES E CAMPBELL FAMILY FOUNDATION
    EIN: 26-3889180
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 10,551