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
G FRANK THOMAS FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)506 FAIRVIEW AVENUE   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FREDERICK, MD217014119
A Employer identification number

52-6039803
B Telephone number (see instructions)

(301) 663-6592
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$3,806,828J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 96,618 96,919  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 271,466
b Gross sales price for all assets on line 6a 2,078,977
7 Capital gain net income (from Part IV, line 2)... 271,466
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 365 477  
12 Total. Add lines 1 through 11........ 368,449 368,862  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 15,246 15,246   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 15,499 124   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 833 22   833
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 31,578 15,392 0 833
25 Contributions, gifts, grants paid........ 181,000 181,000
26 Total expenses and disbursements. Add lines 24 and 25 212,578 15,392 0 181,833
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 155,871
b Net investment income (if negative, enter -0-) 353,470
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 142,987 59,013 59,013
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 671,325    
b Investments—corporate stock (attach schedule)........ 860,691 Click to see attachment691,519 905,165
c Investments—corporate bonds (attach schedule)........ 260,924    
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,333,199 Click to see attachment2,706,987 2,842,650
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) 3,269,126 3,457,519 3,806,828
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 3,164,005 3,433,785
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 105,121 23,734
30 Total net assets or fund balances (see instructions)...... 3,269,126 3,457,519
31 Total liabilities and net assets/fund balances (see instructions).. 3,269,126 3,457,519
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 3,269,126
2 Enter amount from Part I, line 27a..................... 2 155,871
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 33,593
4 Add lines 1, 2, and 3.......................... 4 3,458,590
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 1,071
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 3,457,519
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 248. FORD MTR CO DEL COM PAR $0.01   2013-09-05 2014-01-01
b 537. FORD MTR CO DEL COM PAR $0.01     2014-01-01
c 40000. USA TREASURY NOTES 04.250% DUE 08/15/2015   2005-11-15 2014-01-01
d 5000. XTO ENERGY INC SR UNSECURED   2010-07-15 2014-01-08
e 225. CAPITAL ONE FINANCIAL CORP     2014-01-21
421. INTEL CORP     2014-01-27
165. YAHOO! INC COM   2013-07-02 2014-01-27
70. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4   2013-07-02 2014-01-27
160. CITIGROUP INC   2013-05-20 2014-02-06
451. CITIGROUP INC     2014-02-06
235. SMITH A O CORP COMMON   2013-11-04 2014-02-06
55. WYNN RESORTS LTD   2013-05-13 2014-02-19
90. OMNICARE INC   2013-07-31 2014-02-21
220. OMNICARE INC   2012-12-13 2014-02-21
90. INTERCONTINENTAL EXCHANGE INC     2014-02-28
95. DELTA AIR LINES INC   2013-07-02 2014-03-04
165. GENERAL ELEC CO COM     2014-03-04
220. QUESTCOR PHARMACEUTICALS INC     2014-03-04
60. PROCTER & GAMBLE CO   2012-11-30 2014-03-07
125. ROGERS COMMUNICATIONS INC CL B   2013-04-26 2014-03-07
80. ROGERS COMMUNICATIONS INC CL B   2013-04-26 2014-03-07
70. AETNA INC NEW   2013-05-14 2014-03-13
60. ALLSTATE CORP   2013-02-20 2014-03-13
40. AMGEN INC   2013-12-13 2014-03-13
10. APPLE INC     2014-03-13
35. BOEING CO   2012-07-30 2014-03-13
75. CVS CAREMARK CORP   2013-05-14 2014-03-13
60. CHEVRON CORPORATION     2014-03-13
40. CHUBB CORP COM   2010-11-01 2014-03-13
250. CISCO SYS INC COM     2014-03-13
75. COCA COLA ENTERPRISES   2011-12-05 2014-03-13
65. COMCAST CORPORATION CL A   2011-10-13 2014-03-13
85. CONOCOPHILLIPS   2013-08-30 2014-03-13
140. DELTA AIR LINES INC   2013-07-02 2014-03-13
50. DISNEY WALT CO   2012-07-13 2014-03-13
105. DISCOVER FINANCIAL W/I     2014-03-13
50. EXTRA SPACE STORAGE INC   2013-10-11 2014-03-13
100. EXXON MOBIL CORP   2012-06-27 2014-03-13
200. FIFTH THIRD BANCORP   2012-08-07 2014-03-13
70. FRANKLIN RES INC COM   2011-05-17 2014-03-13
280. GENERAL ELEC CO COM     2014-03-13
30. GOLDMAN SACHS GROUP INC COM   2012-10-24 2014-03-13
55. HALLIBURTON CO   2012-08-15 2014-03-13
40. HANESBRANDS INC - W/I   2014-02-19 2014-03-13
65. HELMERICH & PAYNE INC COM   2013-02-26 2014-03-13
190. J P MORGAN CHASE & CO COM     2014-03-13
85. JOHNSON & JOHNSON COM   2011-08-30 2014-03-13
115. KKR & CO LP   2014-01-21 2014-03-13
80. LEVEL 3 COMMUNICATIONS INC   2014-03-07 2014-03-13
115. LINCOLN NATIONAL CORP   2013-04-15 2014-03-13
90. MSCI INC     2014-03-13
45. MAGNA INTERNATIONAL ISIN CA5592224011   2013-06-14 2014-03-13
45. MANPOWER GROUP INC   2013-10-18 2014-03-13
20. MCKESSON HBOC INC COMMN   2013-10-14 2014-03-13
105. MERCK & CO INC   2014-01-27 2014-03-13
60. METHANEX CORP SEDOL 2654416   2013-11-11 2014-03-13
105. METLIFE INC COM   2012-08-23 2014-03-13
65. NATIONAL FUEL GAS CO N J COM   2013-05-09 2014-03-13
30. NORFOLK SOUTHN CORP COM   2014-02-06 2014-03-13
15. PPG INDS INC COM   2013-11-08 2014-03-13
75. PVH CORP   2012-10-16 2014-03-13
135. PFIZER INC COM     2014-03-13
45. PROCTER & GAMBLE CO   2012-11-30 2014-03-13
45. PROCTER & GAMBLE CO   2012-11-30 2014-03-13
95. QUANTA SVCS INC   2014-03-04 2014-03-13
565. REGIONS FINANCIAL CORP   2013-04-26 2014-03-13
85. ST JUDE MEDICAL INC   2013-01-18 2014-03-13
45. SANDISK CORP   2013-12-02 2014-03-13
110. SUNTRUST BANKS INC COM   2014-02-06 2014-03-13
65. TIME WARNER INC   2013-12-18 2014-03-13
20. UNION PAC CORP COM   2010-04-29 2014-03-13
45. UNITED RENTALS INC COM   2013-01-10 2014-03-13
25. UNITED TECHNOLOGIES CORP COM   2009-08-25 2014-03-13
100. VALERO ENERGY CORP NEW COM   2013-12-03 2014-03-13
50. VERIZON COMMUNICATIONS COM   2013-04-26 2014-03-13
15. VISA INC CLASS A SHARES   2011-08-16 2014-03-13
230. WELLS FARGO & CO NEW COM   2009-04-17 2014-03-13
50. WHITING PETROLEUM CORP     2014-03-13
125. WISCONSIN ENERGY CORP   2009-02-19 2014-03-13
50. WYNDHAM WORLDWIDE CORP   2011-06-28 2014-03-13
20. WYNN RESORTS LTD   2013-05-31 2014-03-13
70. YAHOO! INC COM   2013-07-02 2014-03-13
50. ZIMMER HOLDINGS INC   2014-02-21 2014-03-13
20. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4   2013-07-02 2014-03-13
45. ACE LIMITED ISIN CH0044328745 SEDOL B3BQMF6   2014-02-28 2014-03-13
50. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182   2014-01-27 2014-03-13
5000. AMGEN INC SR UNSEC   2011-06-27 2014-03-14
10000. BANK OF MONTREAL ISIN US06366RHA68 NOTES   2012-09-04 2014-03-14
5000. BERKSHIRE HATHAWAY INC SR UNSEC   2013-03-21 2014-03-14
70. FOOT LOCKER INC   2014-03-13 2014-03-14
5000. KIMBERLY-CLARK SR UNSEC   2010-07-26 2014-03-14
20. AETNA INC NEW   2013-05-14 2014-03-17
15. ALLSTATE CORP   2013-02-20 2014-03-17
10. AMGEN INC   2013-12-13 2014-03-17
5. APPLE INC   2013-10-03 2014-03-17
10. BOEING CO   2012-07-30 2014-03-17
20. CVS CAREMARK CORP   2013-05-14 2014-03-17
15. CHEVRON CORPORATION   2009-07-01 2014-03-17
10. CHUBB CORP COM   2010-11-01 2014-03-17
60. CISCO SYS INC COM   2012-10-11 2014-03-17
20. COCA COLA ENTERPRISES   2011-12-05 2014-03-17
15. COMCAST CORPORATION CL A   2011-10-13 2014-03-17
20. CONOCOPHILLIPS   2013-10-11 2014-03-17
35. DELTA AIR LINES INC   2013-07-02 2014-03-17
15. DISNEY WALT CO   2012-07-13 2014-03-17
30. DISCOVER FINANCIAL W/I   2011-06-28 2014-03-17
15. EXTRA SPACE STORAGE INC   2013-10-11 2014-03-17
25. EXXON MOBIL CORP   2012-06-27 2014-03-17
50. FIFTH THIRD BANCORP   2012-08-07 2014-03-17
15. FOOT LOCKER INC   2014-03-13 2014-03-17
15. FRANKLIN RES INC COM   2011-05-17 2014-03-17
70. GENERAL ELEC CO COM   2010-05-03 2014-03-17
10. GOLDMAN SACHS GROUP INC COM   2012-10-24 2014-03-17
15. HALLIBURTON CO   2012-08-15 2014-03-17
10. HANESBRANDS INC - W/I   2014-02-19 2014-03-17
15. HELMERICH & PAYNE INC COM   2013-08-07 2014-03-17
50. J P MORGAN CHASE & CO COM     2014-03-17
20. JOHNSON & JOHNSON COM     2014-03-17
30. KKR & CO LP   2014-01-21 2014-03-17
20. LEVEL 3 COMMUNICATIONS INC   2014-03-07 2014-03-17
30. LINCOLN NATIONAL CORP   2013-04-15 2014-03-17
25. MSCI INC   2013-10-24 2014-03-17
10. MAGNA INTERNATIONAL ISIN CA5592224011   2013-06-14 2014-03-17
10. MANPOWER GROUP INC   2013-10-18 2014-03-17
5. MCKESSON HBOC INC COMMN   2013-10-14 2014-03-17
25. MERCK & CO INC   2014-01-27 2014-03-17
15. METHANEX CORP SEDOL 2654416   2013-11-11 2014-03-17
25. METLIFE INC COM   2012-08-23 2014-03-17
15. NATIONAL FUEL GAS CO N J COM   2013-05-09 2014-03-17
10. NORFOLK SOUTHN CORP COM   2014-02-06 2014-03-17
5. PPG INDS INC COM   2013-11-08 2014-03-17
35. PFIZER INC COM   2012-08-07 2014-03-17
10. PROCTER & GAMBLE CO   2012-11-30 2014-03-17
25. QUANTA SVCS INC   2014-03-04 2014-03-17
140. REGIONS FINANCIAL CORP     2014-03-17
20. ST JUDE MEDICAL INC   2013-01-18 2014-03-17
10. SANDISK CORP   2013-12-02 2014-03-17
30. SUNTRUST BANKS INC COM   2014-02-06 2014-03-17
15. TIME WARNER INC   2013-12-18 2014-03-17
5. UNION PAC CORP COM   2010-04-29 2014-03-17
10. UNITED RENTALS INC COM   2013-01-10 2014-03-17
5. UNITED TECHNOLOGIES CORP COM   2009-08-25 2014-03-17
25. VALERO ENERGY CORP NEW COM   2013-12-03 2014-03-17
15. VERIZON COMMUNICATIONS COM   2013-04-26 2014-03-17
5. VISA INC CLASS A SHARES   2011-08-16 2014-03-17
60. WELLS FARGO & CO NEW COM     2014-03-17
10. WHITING PETROLEUM CORP   2013-07-31 2014-03-17
30. WISCONSIN ENERGY CORP   2009-02-19 2014-03-17
10. WYNDHAM WORLDWIDE CORP   2011-06-28 2014-03-17
5. WYNN RESORTS LTD   2013-05-31 2014-03-17
20. YAHOO! INC COM   2013-07-02 2014-03-17
10. ZIMMER HOLDINGS INC   2014-02-21 2014-03-17
5. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4   2013-07-02 2014-03-17
10. ACE LIMITED ISIN CH0044328745 SEDOL B3BQMF6   2014-02-28 2014-03-17
15. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182   2014-01-27 2014-03-17
10000. AT & T INC SR UNSEC 2.950% DUE 5/15/2016   2011-04-26 2014-03-18
5000. BP CAPITAL MARKETS PLC ISIN US05565QBZ00 SEDOL B87XBL5   2012-05-02 2014-03-18
10000. BANK OF AMERICA CORP 05.625% DUE 07/01/2020   2010-06-17 2014-03-18
10000. BANK OF NEW YORK MELLON SR UNSEC   2010-12-02 2014-03-18
10000. CITIGROUP INC SR UNSEC   2010-10-22 2014-03-18
10000. EXPORT DEVELOPMENT CANADA ISIN US30216BCD29 SEDOL B50T0Z6   2010-05-20 2014-03-18
10000. GENERAL DYNAMICS CORP CO GUARNT CALL 04/15/21 @100   2011-07-05 2014-03-18
10000. HSBC HOLDINGS PLC SR UNSEC ISIN US404280AK50 SEDOL B61GQ88   2011-03-29 2014-03-18
10000. HEWLETT PACKARD CO SR UNSEC   2010-11-29 2014-03-18
10000. HONEYWELL INTERNATIONAL SR UNSEC   2011-02-14 2014-03-18
10000. JPMORGAN CHASE & CO NTS   2010-10-26 2014-03-18
15000. JOHNSON & JOHNSON NTS   2010-08-12 2014-03-18
10000. MCDONALDS CORP NTS   2010-07-28 2014-03-18
5000. MONSANTO CO SR UNSEC ST CONVENTION   2011-04-12 2014-03-18
10000. MORGAN STANLEY SR UNSEC   2011-10-19 2014-03-18
10000. OCCIDENTAL PETROLEUM COR SR UNSEC SER 1   2010-12-13 2014-03-18
15000. PRIVATE EXPORT FUNDING US GOVT GTD   2010-10-06 2014-03-18
10000. PROCTER & GAMBLE CO THE SR UNSEC   2010-11-15 2014-03-18
5000. SANOFI-AVENTIS ISIN US80105NAG07 SEDOL B5NP244   2011-06-06 2014-03-18
10000. SHELL INTERNATIONAL FIN ISIN US822582AM49 SEDOL B4TG6R5   2010-03-18 2014-03-18
10000. UNITED PARCEL SERVICE SR UNSECD   2012-09-24 2014-03-18
65000. USA TREASURY NOTE 05.125% DUE 05/15/2016   2006-06-14 2014-03-18
75000. USA TREASURY NOTES 02.625% DUE 02/29/2016     2014-03-18
40000. USA TREASURY NOTES 02.625% DUE 07/31/2014   2009-07-30 2014-03-18
10000. USA TREASURY NOTES 03.000% DUE 09/30/2016   2013-10-17 2014-03-18
110000. USA TREASURY NOTES 02.250% DUE 01/31/2015     2014-03-18
110000. USA TREASURY NOTES 02.625% DUE 08/15/2020     2014-03-18
35000. USA TREASURY NOTES 01.000% DUE 03/31/2017   2014-01-30 2014-03-18
25000. USA TREASURY NOTES 01.625% DUE 08/15/2022   2013-01-15 2014-03-18
30000. USA TREASURY NOTES 01.625% DUE 08/15/2022   2013-12-31 2014-03-18
10000. WELLS FARGO COMPANY SR UNSEC   2010-10-26 2014-03-18
10000. WESTPAC BANKING CORP ISIN US961214BK83 SEDOL B3VGYG1   2010-04-21 2014-03-18
70000. FEDERAL NATL MTG ASSN NTS   2007-05-15 2014-03-19
70000. FEDERAL NATL MTG ASSN NTS   2004-03-23 2014-03-19
30000. FEDERAL NATL MTG ASSN NOTES   2012-09-20 2014-03-19
10000. FEDERAL HOME LOAN MTG CORP NOTES   2012-02-01 2014-03-19
45. HELMERICH & PAYNE INC COM   2013-08-07 2014-03-19
80. NORFOLK SOUTHN CORP COM   2014-02-06 2014-03-19
10. PPG INDS INC COM   2013-11-08 2014-03-19
35. PPG INDS INC COM   2013-11-08 2014-03-20
1. WACHOVIA CORP   2001-01-01 2014-03-24
115. CHUBB CORP COM     2014-03-27
191. MSCI INC     2014-03-27
49. MSCI INC   2014-01-21 2014-03-27
160. HALLIBURTON CO   2012-08-15 2014-04-01
90. GOLDMAN SACHS GROUP INC COM   2013-02-08 2014-04-11
560. FIFTH THIRD BANCORP     2014-04-29
195. FIFTH THIRD BANCORP     2014-04-29
50. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4   2013-07-02 2014-05-14
95. CHEVRON CORPORATION     2014-05-27
175. METHANEX CORP SEDOL 2654416     2014-06-04
22. TIME INC-W/I     2014-06-16
.5 TIME INC-W/I   2013-12-18 2014-06-18
285. METLIFE INC COM   2012-09-17 2014-06-20
200. YAHOO! INC COM     2014-06-23
100. APPLE INC   2013-10-03 2014-07-09
20. MAGNA INTERNATIONAL ISIN CA5592224011   2013-06-14 2014-07-09
30. MAGNA INTERNATIONAL ISIN CA5592224011   2013-06-14 2014-07-09
270. VALERO ENERGY CORP NEW COM     2014-07-09
140. VERIZON COMMUNICATIONS COM   2013-04-26 2014-07-09
10. WYNN RESORTS LTD   2013-05-31 2014-07-09
325. KKR & CO LP     2014-07-28
65. UNITED TECHNOLOGIES CORP COM   2009-08-25 2014-07-28
1. CITIGROUP INC   2001-01-01 2014-07-31
45. WYNN RESORTS LTD   2013-05-31 2014-08-01
105. L-3 COMMUNICATIONS HLDGS INC COM     2014-08-04
190. FRANKLIN RES INC COM     2014-08-06
135. ZIMMER HOLDINGS INC   2014-02-21 2014-08-06
230. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2     2014-08-13
95. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2   2014-07-09 2014-08-13
120. SANDISK CORP   2013-12-02 2014-08-26
150. MERCK & CO INC     2014-08-27
45. VISA INC CLASS A SHARES   2012-02-02 2014-08-29
9. SUNTRUST BANKS INC COM   2014-02-06 2014-09-12
175. SUNTRUST BANKS INC COM   2014-02-06 2014-09-12
124. SUNTRUST BANKS INC COM   2014-02-06 2014-09-12
28. SUNTRUST BANKS INC COM     2014-09-15
28. SUNTRUST BANKS INC COM   2014-03-27 2014-09-15
76. SUNTRUST BANKS INC COM     2014-09-15
145. MERCK & CO INC   2014-02-06 2014-09-22
50. COCA COLA ENTERPRISES   2014-03-27 2014-10-10
210. COCA COLA ENTERPRISES     2014-10-10
50. HELMERICH & PAYNE INC COM   2013-08-07 2014-10-10
85. HESS CORPORATION   2014-08-13 2014-10-10
140. MANPOWER GROUP INC     2014-10-10
25. WHITING PETROLEUM CORP   2013-07-31 2014-10-10
20. HANESBRANDS INC - W/I   2014-02-19 2014-10-15
110. WHITING PETROLEUM CORP   2013-07-31 2014-10-15
112. BLACKSTONE GROUP LP THE   2014-07-28 2014-10-17
238. BLACKSTONE GROUP LP THE     2014-10-17
1. COVENTRY HEALTH CARE INC   2001-01-01 2014-10-22
95. HELMERICH & PAYNE INC COM   2013-08-07 2014-11-18
195. TRINITY INDUSTRIES INC   2014-07-28 2014-12-03
264. QUANTA SVCS INC   2014-03-04 2014-12-12
6. QUANTA SVCS INC   2014-03-04 2014-12-12
215.146 ASTON FAIRPOINTE MID CAP FUND CLASS I FD 232   2012-04-04 2014-12-16
863.259 JPMORGAN VALUE ADVANTAGE-INS FD 1400   2013-12-19 2014-12-16
755.972 ROWE T PRICE VALUE FD INC COM   2013-12-19 2014-12-16
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 3,807   4,297 -490
b 8,205   9,387 -1,182
c 42,561   38,981 3,580
d 5,768   5,714 54
e 16,330   15,405 925
10,431   9,055 1,376
6,117   4,152 1,965
9,905   4,903 5,002
7,685   8,287 -602
21,662   16,310 5,352
10,788   12,417 -1,629
12,225   7,674 4,551
5,508   4,770 738
13,465   7,907 5,558
18,785   11,337 7,448
3,256   1,814 1,442
4,222   2,492 1,730
14,354   12,955 1,399
4,696   4,185 511
4,867   6,154 -1,287
3,129   3,938 -809
5,116   4,160 956
3,310   2,802 508
4,957   4,477 480
5,303   4,872 431
4,263   2,631 1,632
5,441   4,469 972
6,865   3,615 3,250
3,452   2,331 1,121
5,381   4,929 452
3,476   1,971 1,505
3,275   1,530 1,745
5,634   5,640 -6
4,697   2,673 2,024
3,992   2,405 1,587
6,018   2,693 3,325
2,457   2,370 87
9,369   8,336 1,033
4,485   2,860 1,625
3,613   2,929 684
7,071   5,124 1,947
5,003   3,620 1,383
3,033   1,891 1,142
2,943   2,929 14
6,252   4,192 2,060
10,910   5,259 5,651
7,917   5,565 2,352
2,701   3,022 -321
2,962   3,011 -49
5,863   3,707 2,156
4,080   3,703 377
4,264   3,137 1,127
3,427   3,568 -141
3,674   2,761 913
5,861   5,583 278
4,013   3,648 365
5,442   3,635 1,807
4,787   4,050 737
2,857   2,802 55
2,924   2,717 207
8,744   7,282 1,462
4,184   3,059 1,125
3,567   3,139 428
3,574   3,139 435
3,342   3,394 -52
6,035   4,741 1,294
5,602   3,365 2,237
3,310   3,074 236
4,254   4,130 124
4,327   4,336 -9
3,719   1,557 2,162
4,008   2,166 1,842
2,814   1,498 1,316
5,395   4,656 739
2,302   2,674 -372
3,311   1,283 2,028
11,009   4,680 6,329
3,357   2,425 932
5,629   2,651 2,978
3,609   1,666 1,943
4,632   2,743 1,889
2,598   1,761 837
4,732   4,793 -61
2,973   1,401 1,572
4,386   4,403 -17
2,863   2,876 -13
5,303   4,987 316
9,994   9,985 9
5,301   5,398 -97
3,195   3,210 -15
5,330   4,985 345
1,463   1,188 275
833   700 133
1,240   1,119 121
2,640   2,419 221
1,255   752 503
1,485   1,192 293
1,724   1,001 723
870   583 287
1,290   1,104 186
958   526 432
763   353 410
1,343   1,433 -90
1,200   668 532
1,221   722 499
1,731   780 951
728   711 17
2,352   2,084 268
1,128   715 413
678   688 -10
779   628 151
1,777   1,350 427
1,671   1,207 464
850   516 334
742   732 10
1,516   1,004 512
2,879   1,462 1,417
1,876   1,386 490
699   789 -90
756   753 3
1,518   967 551
1,141   1,035 106
956   697 259
763   793 -30
910   690 220
1,407   1,329 78
1,010   912 98
1,295   866 429
1,132   935 197
958   934 24
980   906 74
1,097   835 262
797   698 99
901   893 8
1,517   1,256 261
1,330   792 538
750   683 67
1,172   1,126 46
1,002   1,001 1
936   389 547
909   481 428
573   300 273
1,360   1,164 196
695   802 -107
1,115   428 687
2,884   1,204 1,680
682   518 164
1,369   636 733
728   333 395
1,170   686 484
784   503 281
945   959 -14
754   350 404
986   979 7
871   863 8
10,796   9,993 803
4,963   5,000 -37
11,449   9,964 1,485
10,325   9,997 328
10,426   11,049 -623
10,235   9,981 254
10,600   9,984 616
11,166   9,978 1,188
10,211   9,983 228
10,943   9,975 968
10,338   10,363 -25
17,232   17,703 -471
10,588   9,960 628
5,210   4,989 221
10,072   9,468 604
10,793   9,998 795
15,519   14,963 556
10,226   9,918 308
5,378   5,033 345
11,082   9,953 1,129
9,488   9,987 -499
71,553   65,358 6,195
78,299   78,895 -596
40,378   39,861 517
10,608   10,647 -39
112,024   113,619 -1,595
114,022   120,933 -6,911
35,212   35,168 44
23,364   24,685 -1,321
28,037   27,259 778
11,452   11,254 198
11,211   10,160 1,051
78,455   69,866 8,589
70,197   69,640 557
29,757   29,999 -242
9,815   10,072 -257
4,627   3,013 1,614
7,799   7,473 326
1,952   1,811 141
6,816   6,340 476
223   25 198
10,014   6,788 3,226
7,977   8,009 -32
2,056   2,186 -130
9,473   5,501 3,972
13,775   13,609 166
11,449   8,245 3,204
3,987   4,301 -314
6,465   3,502 2,963
11,673   9,134 2,539
10,001   10,612 -611
510   494 16
11   11  
16,082   10,263 5,819
6,723   5,848 875
9,536   6,911 2,625
2,181   1,394 787
3,281   2,091 1,190
13,287   12,384 903
6,842   7,488 -646
2,047   1,372 675
7,943   8,701 -758
7,061   3,894 3,167
812   25 787
9,445   6,172 3,273
10,970   12,221 -1,251
10,298   7,163 3,135
13,040   12,942 98
8,887   8,940 -53
3,671   4,066 -395
11,807   8,196 3,611
9,048   8,008 1,040
9,597   4,738 4,859
352   338 14
6,845   6,570 275
4,858   4,655 203
1,096   1,081 15
1,093   1,091 2
2,975   2,890 85
8,790   7,789 1,001
2,082   2,321 -239
8,744   5,951 2,793
4,211   3,348 863
7,096   8,440 -1,344
8,761   11,165 -2,404
1,594   1,295 299
2,028   1,465 563
6,101   5,696 405
3,305   3,875 -570
6,966   8,119 -1,153
23   23  
7,439   6,360 1,079
6,174   8,756 -2,582
7,088   9,433 -2,345
163   214 -51
10,000   7,207 2,793
25,000   23,179 1,821
25,000   25,008 -8
      74,306
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       -490
b       -1,182
c       3,580
d       54
e       925
      1,376
      1,965
      5,002
      -602
      5,352
      -1,629
      4,551
      738
      5,558
      7,448
      1,442
      1,730
      1,399
      511
      -1,287
      -809
      956
      508
      480
      431
      1,632
      972
      3,250
      1,121
      452
      1,505
      1,745
      -6
      2,024
      1,587
      3,325
      87
      1,033
      1,625
      684
      1,947
      1,383
      1,142
      14
      2,060
      5,651
      2,352
      -321
      -49
      2,156
      377
      1,127
      -141
      913
      278
      365
      1,807
      737
      55
      207
      1,462
      1,125
      428
      435
      -52
      1,294
      2,237
      236
      124
      -9
      2,162
      1,842
      1,316
      739
      -372
      2,028
      6,329
      932
      2,978
      1,943
      1,889
      837
      -61
      1,572
      -17
      -13
      316
      9
      -97
      -15
      345
      275
      133
      121
      221
      503
      293
      723
      287
      186
      432
      410
      -90
      532
      499
      951
      17
      268
      413
      -10
      151
      427
      464
      334
      10
      512
      1,417
      490
      -90
      3
      551
      106
      259
      -30
      220
      78
      98
      429
      197
      24
      74
      262
      99
      8
      261
      538
      67
      46
      1
      547
      428
      273
      196
      -107
      687
      1,680
      164
      733
      395
      484
      281
      -14
      404
      7
      8
      803
      -37
      1,485
      328
      -623
      254
      616
      1,188
      228
      968
      -25
      -471
      628
      221
      604
      795
      556
      308
      345
      1,129
      -499
      6,195
      -596
      517
      -39
      -1,595
      -6,911
      44
      -1,321
      778
      198
      1,051
      8,589
      557
      -242
      -257
      1,614
      326
      141
      476
      198
      3,226
      -32
      -130
      3,972
      166
      3,204
      -314
      2,963
      2,539
      -611
      16
       
      5,819
      875
      2,625
      787
      1,190
      903
      -646
      675
      -758
      3,167
      787
      3,273
      -1,251
      3,135
      98
      -53
      -395
      3,611
      1,040
      4,859
      14
      275
      203
      15
      2
      85
      1,001
      -239
      2,793
      863
      -1,344
      -2,404
      299
      563
      405
      -570
      -1,153
       
      1,079
      -2,582
      -2,345
      -51
      2,793
      1,821
      -8
       
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 2 271,466
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 180,833 3,565,366 0.050719
2012 165,833 3,305,843 0.050164
2011 165,700 3,277,452 0.050558
2010 162,500 3,126,302 0.051978
2009 162,323 2,939,483 0.055222
2 Total of line 1, column (d) ...................... 2 0.258641
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 0.051728
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 3,807,620
5 Multiply line 4 by line 3....................... 5 196,961
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,535
7 Add lines 5 and 6......................... 7 200,496
8 Enter qualifying distributions from Part XII, line 4.............. 8 181,833
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 7,069
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 7,069
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 7,069
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 10,268
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 10,268
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 3,199
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet3,199 RefundedBullet 11 0
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)
    bulletMD
    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 ofbulletPNC BANK NA Telephone no.bullet (412) 768-9969
    Located atbullet620 LIBERTY AVENUE 10TH FLOORPITTSBURGHPA ZIP+4bullet15222
    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
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    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
    MR ADRIAN L WINPIGLER DIRECTOR
    1     		0    
    5321 REELS MILL ROAD
    FREDERICK,MD21701
    MR CHARLES F TRUNK 3RD SECRETARY & DIRECTOR
    1     		0    
    506 FAIRVIEW AVENUE
    FREDERICK,MD217014119
    MRS PAMELA I MARTIN PRESIDENT & DIRECTOR
    1     		0    
    3808 BASFORD ROAD
    FREDERICK,MD217037830
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,865,604
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,865,604
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,865,604
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    57,984
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,807,620
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    190,381
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    190,381
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    7,069
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,069
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    183,312
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    183,312
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    183,312
    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
    181,833
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    181,833
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    181,833
    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 7 183,312
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 17,103
    b From 2010....... 13,059
    c From 2011....... 4,773
    d From 2012....... 5,677
    e From 2013....... 12,832
    fTotal of lines 3a through e......... 53,444
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 181,833
    a Applied to 2013, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2014 distributable amount..... 181,833
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014. 1,479 1,479
    (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 51,965
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		15,624
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		36,341
    10 Analysis of line 9:
    a Excess from 2010.... 13,059
    b Excess from 2011.... 4,773
    c Excess from 2012.... 5,677
    d Excess from 2013.... 12,832
    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:
    CHARLES F TRUNK III SECRETARY D
    506 FAIRVIEW AVENUE
    FREDERICK,MD21701
    (301) 663-6592
    bThe form in which applications should be submitted and information and materials they should include:
    BY LETTER ALONG WITH DESCRIPTION OF PURPOSE OF ORGANIZATION
    cAny submission deadlines:
    NOVEMBER 1ST ANNUALLY GRANTS MADE IN DECEMBER
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE MADE TO ORGANIZATIONS OPERATING IN FREDERICK COUNTY, MD AND TO MCDANIEL COLLEGE, WESTMINSTER, MD
    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
    C BURR ARTZ LIBRARY
    110 E PATRICK ST
    FREDERICK,MD21701     		NONE PC GENERAL SUPPORT 15,000
    HOOD COLLEGE
    401 ROSEMONT AVE
    FREDERICK,MD21701     		NONE PC GENERAL SUPPORT 10,000
    FREDERICK MEMORIAL HOSPITAL
    400 WEST SEVENTH STREET
    FREDERICK,MD21701     		NONE PC GENERAL SUPPORT 15,000
    MOUNT ST MARY'S UNIVERSITY
    16300 OLD EMMITSBURG RD
    EMMITSBURG,MD21727     		NONE PC GENERAL SUPPORT 5,000
    MCDANIEL COLLEGE
    2 COLLEGE HILL
    WESTMINSTER,MD21157     		NONE PC GENERAL SUPPORT 10,000
    FREDERICK RESCUE MISSION INC
    PO BOX 3389
    FREDERICK,MD21705     		NONE PC GENERAL SUPPORT 5,000
    TRINITY UNITED METHODIST CHURCH
    705 W PATRICK ST
    FREDERICK,MD21701     		NONE PC GENERAL SUPPORT 500
    MENTAL HEALTH ASSOCIATION OF
    FREDERICK COUNTY INC
    226 SOUTH JEFFERSON ST
    FREDERICK,MD21701     		NONE PC GENERAL SUPPORT 5,000
    HOSPICE OF FREDERICK COUNTY INC
    PO BOX 1799
    FREDERICK,MD21701     		NONE PC GENERAL SUPPORT 10,000
    HEARTLY HOUSE INC
    PO BOX 857
    FREDERICK,MD21705     		NONE PC GENERAL SUPPORT 6,000
    FREDERICK COMMUNITY COLLEGE FDN
    7932 OPOSSUMTOWN PIKE
    FREDERICK,MD21702     		NONE PC GENERAL SUPPORT 10,000
    RELIGIOUS COALITION FOR EMERGENCY
    HUMAN NEEDS IN FREDERICK COUNTY
    27 DEGRANGE ST
    FREDERICK,MD21701     		NONE PC GENERAL SUPPORT 32,500
    ADVOCATES FOR HOMELESS FAMILIES INC
    216 ABRECHT PLACE
    FREDERICK,MD21701     		NONE PC GENERAL SUPPORT 5,000
    NATIONAL MUSEUM FOR CIVIL WAR
    MEDICINE INC
    PO BOX 470
    FREDERICK,MD21705     		NONE PC GENERAL SUPPORT 8,000
    FREDERICK COUNTY 4-H THERAPEUTIC
    RIDING PROGRAM
    11515 ANGLEBERGER RD
    THURMONT,MD21788     		NONE PC GENERAL SUPPORT 1,200
    HOMEWOOD FOUNDATION INC
    16107 ELLIOT PKWY
    WILLIAMSPORT,MD21795     		NONE PC GENERAL SUPPORT 5,000
    HISTORICAL SOCIETY OF FREDERICK
    COUNTY INC
    24 E CHURCH ST
    FREDERICK,MD21701     		NONE PC GENERAL SUPPORT 6,000
    ARC OF FREDERICK COUNTY INC
    620-A RESEARCH COURT
    FREDERICK,MD21703     		NONE PC GENERAL SUPPORT 4,300
    MISSION OF MERCY
    22 SOUTH MARKET ST
    FREDERICK,MD21701     		NONE PC GENERAL SUPPORT 7,500
    FREDERICK CITY SOUP KITCHEN
    14 EAST ALL SAINTS ST
    FREDERICK,ME21701     		NONE PC GENERAL SUPPORT 20,000
    Total .................................bullet 3a 181,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		         
    4 Dividends and interest from securities....     14 96,618  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 271,466  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aKKR & CO LP     14 365  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   368,449  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13368,449
    (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 InvestmentsCorpStockSchedule
    Name:
    G FRANK THOMAS FOUNDATION INC
    EIN: 52-6039803
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCK 691,519 905,165

    TY 2014 InvestmentsOtherSchedule2
    Name:
    G FRANK THOMAS FOUNDATION INC
    EIN: 52-6039803
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS - EQUITIES AT COST 1,500,387 1,630,892
    MUTUAL FUNDS - FIXED AT COST 1,206,600 1,211,758

    TY 2014 OtherDecreasesSchedule
    Name:
    G FRANK THOMAS FOUNDATION INC
    EIN: 52-6039803
    Description Amount
       
       


    TY 2014 OtherExpensesSchedule
    Name:
    G FRANK THOMAS FOUNDATION INC
    EIN: 52-6039803
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LIABILITY INSURANCE FEES 833 0   833
    PARTNERSHIP - EXPENSE   22   0


    TY 2014 OtherIncomeSchedule2
    Name:
    G FRANK THOMAS FOUNDATION INC
    EIN: 52-6039803
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    KKR & CO LP 365 0  
    MULTIPLE PARTNERSHIPS   477  


    TY 2014 OtherIncreasesSchedule
    Name:
    G FRANK THOMAS FOUNDATION INC
    EIN: 52-6039803
    Description Amount
       
       


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    G FRANK THOMAS FOUNDATION INC
    EIN: 52-6039803
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PNC AGENT FOR TRUSTEE FEES 15,246 15,246    


    TY 2014 TaxesSchedule
    Name:
    G FRANK THOMAS FOUNDATION INC
    EIN: 52-6039803
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 124 124   0
    FEDERAL TAX PAYMENT - PRIOR YE 5,107 0   0
    FEDERAL ESTIMATES - PRINCIPAL 10,268 0   0