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
THOMAS H AND MARY HADLEY CONNER LEATH FND
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2907 - TRUST TAX DEPT   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILSON, NC278942907
A Employer identification number

56-6294400
B Telephone number (see instructions)

(910) 693-2726
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$2,482,196J 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 2,805 2,805  
4 Dividends and interest from securities...... 65,899 65,899  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 181,116
b Gross sales price for all assets on line 6a 1,036,727
7 Capital gain net income (from Part IV, line 2)... 181,116
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)....... 111 111  
12 Total. Add lines 1 through 11........ 249,931 249,931  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 33,974 33,974    
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)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 2,209 1,420   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)....... 306 306    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 36,489 35,700 0 0
25 Contributions, gifts, grants paid........ 127,795 127,795
26 Total expenses and disbursements. Add lines 24 and 25 164,284 35,700 0 127,795
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 85,647
b Net investment income (if negative, enter -0-) 214,231
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...............   37 37
2 Savings and temporary cash investments.......... 58,116 49,013 49,013
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) 50,655    
b Investments—corporate stock (attach schedule)........ 845,782 835,796 1,129,043
c Investments—corporate bonds (attach schedule)........ 954,247 1,088,616 1,083,102
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 221,729 242,312 221,001
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) 2,130,529 2,215,774 2,482,196
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......... 2,130,529 2,215,774
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)...... 2,130,529 2,215,774
31 Total liabilities and net assets/fund balances (see instructions).. 2,130,529 2,215,774
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 2,130,529
2 Enter amount from Part I, line 27a..................... 2 85,647
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 10
4 Add lines 1, 2, and 3.......................... 4 2,216,186
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 412
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 2,215,774
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 .4 ITAU UNIBANCO BANCO MULTIPLO SA   2012-09-18 2014-08-05
b .333 PARAGON OFFSHORE PLC   2012-06-11 2014-09-02
c 701.013 ABERDEEN EQUITY LONG SHORT FUND INST CL     2014-10-08
d 21881.638 AMERICAN CENTURY DIVERSIFIED BOND FUND #     2014-10-08
e 50. BILL BARRETT CORP COMMON   2011-08-24 2014-10-08
947.194 DRIEHAUS ACTIVE INCOME FUND INST CL FUND # 1123 CLOSED TO NEW     2014-10-08
30. HIBBETT SPORTS INC COMMON   2014-01-24 2014-10-08
1165.833 HIGHLAND LONG/SHORT EQUITY FUND CL Z FUN     2014-10-08
60. INFORMATICA CORP     2014-10-08
703.185 MAINSTAY MARKETFIELD FUND-I     2014-10-08
2. NVR INC. COMMON   2011-08-24 2014-10-08
280. NOKIAN RENKAAT OYJ     2014-10-08
80. OMNIVISION TECHNOLOGIES INC COMMON   2011-08-24 2014-10-08
200. PETROLEO BRASILEIRO SA PETROBRAS   2012-11-14 2014-10-08
260. TESCO PLC SPONS ADR     2014-10-08
1187.26 TURNER SPECTRUM FUND INST CL FUND # 3311     2014-10-08
606.767 WASATCH 1ST SOURCE LONG/SHORT FUND # 9     2014-10-08
33. PARAGON OFFSHORE PLC   2012-06-11 2014-10-08
121. CNH INDUSTRIAL NV   2011-08-24 2014-10-08
50000. US TREASURY BOND DTD 11/15/04 4.25% 11/1   2007-11-15 2014-11-15
46. AIA GROUP LTD   2012-06-11 2014-11-20
45. ABBVIE INC COMMON     2014-11-20
20. ADVANCED AUTO PTS INC COM   2014-01-24 2014-11-20
18. AGILENT TECHNOLOGIES   2012-06-11 2014-11-20
171. L'AIR LIQUIDE-UNSPONS ADR COMMON   2011-08-24 2014-11-20
23. ALEXANDRIA REAL ESTATE   2011-08-24 2014-11-20
70. ALLERGAN INC     2014-11-20
11. ALLIANCE DATA SYSTEMS COMMON   2012-11-14 2014-11-20
56. ALLIANZ COMMON   2011-08-24 2014-11-20
34. AMAZON INC COMMON   2012-06-11 2014-11-20
60. ADR AMERICA MOVIL S A DE CV   2011-08-24 2014-11-20
30. AMERISOURCEBERGEN CORP. COMMON   2011-08-24 2014-11-20
12. ANHEUSER-BUSCH INBEV NV SPN ADR   2012-06-11 2014-11-20
50. APARTMENT INVESTMENT & MANAGEMENT CO   2012-09-18 2014-11-20
69. APPLE COMPUTER CORPORATION COMMON   2012-06-11 2014-11-20
30. ARM HOLDINGS PLC -SPONS ADR   2012-11-14 2014-11-20
62. ATLAS COPCO AB SPONS     2014-11-20
26. ATWOOD OCEANICS INC   2011-08-24 2014-11-20
16. AUTODESK, INC. COMMON   2011-08-24 2014-11-20
6. AUTOLIV INC COMMON   2011-12-27 2014-11-20
47. BG GROUP PLC SPON ADR   2012-06-11 2014-11-20
12. BAIDU INC   2013-06-27 2014-11-20
40. BED BATH & BEYOND INC   2013-02-25 2014-11-20
38. BENCHMARK ELECTRONICS COMMON   2011-08-24 2014-11-20
12. BIO-REFERENCE LABS INC. COMMON   2012-06-11 2014-11-20
14. CIT GROUP INC INC COMMON   2012-06-11 2014-11-20
61. CSL LTD -SPONSORED ADR   2011-08-24 2014-11-20
69. CALGON CAROBN CORP COMMON   2011-08-24 2014-11-20
61. CAMERON INT'L CORP COM   2013-02-25 2014-11-20
46. CANADIAN NATL RY CO   2011-02-14 2014-11-20
2. CASEY'S GENERAL STORES, INC. COMMON   2011-08-24 2014-11-20
50. CERNER CORP COMMON   2012-06-11 2014-11-20
17. CHART INDUSTRIES INC COMMON   2011-08-24 2014-11-20
11. CHEVRON TEXACO CORP COMMON     2014-11-20
59. CINTAS CORP   2011-08-24 2014-11-20
100. CIVEO CORP COMMON     2014-11-20
60. COACH INC     2014-11-20
140. COCHLEAR LIMITED UNSPONS ADR   2011-08-24 2014-11-20
37. COGNIZANT TECHNOLOGY SOLUTIONS CORP   2012-06-11 2014-11-20
257.177 COHEN & STEERS REALTY SHARES INSTITUTION     2014-11-20
17. COOPER COMPANIES INC COMMON   2012-07-25 2014-11-20
42. CROWN HOLDINGS INC COMMON   2011-03-24 2014-11-20
30. DBS GROUP HLDGS LTD SPONSORED ADR F/K/A DEVELOPMENT BK SINGAPORE L   2011-08-24 2014-11-20
59. DANAHER CORP COMMON   2012-06-11 2014-11-20
42. DASSAULT SYSTEMS     2014-11-20
20. ENN ENERGY HOLDINGS -UNSP ADR     2014-11-20
30. EBAY INC   2014-01-24 2014-11-20
50. EDWARDS LIFESCIENCES CORP COMMON   2013-02-25 2014-11-20
110. EMERSON ELECTRIC COMPANY     2014-11-20
30. ENERGIZER HOLDINGS INC   2011-08-24 2014-11-20
40. ENERSYS COMMON   2014-01-24 2014-11-20
50. EQUIFAX INC COMMON   2012-06-11 2014-11-20
90. EXPEDITORS INTERNATIONAL   2012-06-11 2014-11-20
5. EXPRESS SCRIPTS HOLDING CO COMMON   2014-01-24 2014-11-20
49. FANUC LTD ADR   2012-06-11 2014-11-20
76.782 FEDERATED HIGH YIELD BOND INST CL FUND #   2014-03-25 2014-11-20
7007.617 FEDERATED TOTAL RETURN GOV'T BOND FUND #647     2014-11-20
32. FORWARD AIR CORP   2011-08-24 2014-11-20
361.978 FORWARD INTERNATIONAL SMALL COMPANIES FD   2011-08-24 2014-11-20
87. FRESENIUS MED CARE     2014-11-20
33. GENERAL MILLS, INCORPORATED   2012-11-14 2014-11-20
117. GILEAD SCIENCES INC   2012-06-11 2014-11-20
3. GOOGLE INC CL A   2013-02-25 2014-11-20
30. GREENHILL & CO INC COMMON   2012-11-14 2014-11-20
3. HANGER ORTHOPEDIC GROUP   2014-03-25 2014-11-20
96. HARMONIC INC COM   2011-08-24 2014-11-20
30. HEALTH CARE REIT INC   2011-08-24 2014-11-20
62. HECLA MINING   2011-08-24 2014-11-20
416. HONG KONG EXCHANGES & CLEARING LIMITED     2014-11-20
18. HUMANA, INC.   2012-12-26 2014-11-20
70. IMPAX LABORATORIES COMMON   2012-07-25 2014-11-20
240. INTEL CORPORATION     2014-11-20
60. INTUIT INC COMMON   2012-07-25 2014-11-20
198. ITAU UNIBANCO BANCO MULTIPLO SA     2014-11-20
40. ITRON INC COMMON   2011-08-24 2014-11-20
55. JUNIPER NETWORKS INC   2012-09-18 2014-11-20
40. KEYSIGHT TECHNOLOGIES INC COMMON   2012-06-11 2014-11-20
44. KINDER MORGAN INC COMMON   2013-04-24 2014-11-20
80. L'OREAL SA ADR   2011-08-24 2014-11-20
35. LVMH MOET-HENNESSEY UNSPON ADR   2011-08-24 2014-11-20
13. LINCOLN ELECTRIC HOLDINGS COMMON   2011-08-24 2014-11-20
330. LONZA GROUP AG ADR   2011-08-24 2014-11-20
50. MSC INDUSTRIAL DIRECT INC CLASS A COMMON   2012-11-14 2014-11-20
6. STEVEN MADDEN LTD COMMON   2012-11-14 2014-11-20
12. MCDONALDS CORPORATION   2011-08-24 2014-11-20
51. MEDNAX INC COMMON   2011-02-14 2014-11-20
65. METLIFE COMMON     2014-11-20
171. MICROSOFT CORPORATION   2012-11-14 2014-11-20
35. MOHAWK IND INC COMMON   2011-08-24 2014-11-20
48. MONSANTO CO COMMON     2014-11-20
30. MOODY'S CORPORATION   2012-06-11 2014-11-20
60. MYRIAD GENETICS INC COMMON   2012-07-25 2014-11-20
2. MYRIAD GENETICS INC COMMON   2014-01-24 2014-11-20
12. NAVIGATORS GROUP INC COMMON   2011-08-24 2014-11-20
93. NAVIENT CORP COMMON   2012-11-14 2014-11-20
44. NESTLE SA ADR   2011-08-24 2014-11-20
30. NETAPP INC   2014-01-24 2014-11-20
47. NOVARTIS AG     2014-11-20
67. OMNICOM GROUP INCORPORATED   2011-08-24 2014-11-20
16. OUTERWALL INC COMMON   2011-12-27 2014-11-20
2. PRA GROUP INC COMMON   2011-08-24 2014-11-20
90. PAYCHEX INC   2011-08-24 2014-11-20
95. PEARSON PLC SPONSORED ADR   2012-06-11 2014-11-20
33. PEPSICO INCORPORATED     2014-11-20
67. PFIZER INCORPORATED     2014-11-20
96. PHILIP MORRIS INTERNATIONAL     2014-11-20
40. PIONEER NAT RES CO COMMON   2011-08-24 2014-11-20
150. POTASH CORP SASKATCHEWAN     2014-11-20
50. PRESTIGE BRANDS HOLDINGS INC COMMON   2011-08-24 2014-11-20
70. PRICE GROUP INC FORMERLY AKA PRICE TO ROWE & ASSOC     2014-11-20
25. QUALCOMM INC COMMON   2012-06-11 2014-11-20
60. QUANTA SERVICES INC COMMON   2012-06-11 2014-11-20
85. ROCHE HOLDING LTD ADR     2014-11-20
1. ROCKWELL INTERNATIONAL CORP NEW   2012-06-11 2014-11-20
50. ROCKWOOD HOLDINGS INC COMMON   2011-08-24 2014-11-20
70. ROGERS COMMUNICATIONS INC   2012-06-11 2014-11-20
14. ROSS STORES INC COM   2011-08-24 2014-11-20
36. SLM CORPORATION COMMON   2012-11-14 2014-11-20
73. SAP AKTIENGESELLSCHAFT     2014-11-20
13. SASOL LTD SPONSORED ADR   2011-08-24 2014-11-20
41. SCHLUMBERGER LTD     2014-11-20
136. SCHNEIDER ELECTRIC SA UNSPON ADR   2011-08-24 2014-11-20
3. SCHNITZER STEEL INDS INC CL A   2011-08-24 2014-11-20
25. SEMTECH CORP   2011-08-24 2014-11-20
50. SEMPRA ENERGY   2011-08-24 2014-11-20
141. SONOVA HOLDING AG   2011-08-24 2014-11-20
125. SOUTHERN COMPANY   2012-12-26 2014-11-20
67. SPECTRA ENERGY CORPORATION   2013-02-25 2014-11-20
30. SUN HYDRAULICS CORPORATION COMMON   2011-08-24 2014-11-20
60. SUPERIOR ENERGY SVCS INC   2011-08-24 2014-11-20
128. SWATCH GROUP AG   2011-08-24 2014-11-20
21. SYNAPTICS INC   2011-08-24 2014-11-20
18. SYSMEX CORP   2012-06-11 2014-11-20
73. TTM TECHNOLOGIES INC COMMON   2011-08-24 2014-11-20
120. TARGET CORP COM     2014-11-20
54. TEXAS INSTRUMENTS INCORPORATED   2012-06-11 2014-11-20
60. THORATEC CORP.   2011-08-24 2014-11-20
18. TIME WARNER CABLE INC   2013-02-25 2014-11-20
40. TOLL BROTHERS INC   2011-08-24 2014-11-20
36. TORO COMPANY COMMON   2011-08-24 2014-11-20
90. THE TRAVELERS COMPANIES INC.     2014-11-20
515. UNICHARM CORP   2011-08-24 2014-11-20
55. UNILEVER PLC-SPONSORED ADR   2011-08-24 2014-11-20
120. UNION PACIFIC CORP     2014-11-20
25. UNITED NATURAL FOODS INC.   2011-08-24 2014-11-20
10. UNITED PARCEL SERVICES B   2012-11-14 2014-11-20
29. WPP PLC   2011-08-24 2014-11-20
10. WHIRLPOOL CORP   2011-08-24 2014-11-20
80. WISCONSIN ENERGY CORPORATION     2014-11-20
43. XILINX INC   2011-08-24 2014-11-20
160. XINYI GLASS HOLDINGS LTD   2012-07-25 2014-11-20
4. ZIMMER HOLDINGS INC   2012-11-14 2014-11-20
39. AMDOCS LTD ORD   2011-08-24 2014-11-20
26. ARCH CAPITAL GROUP LTD   2011-08-24 2014-11-20
28. AXIS CAPITAL HOLDINGS LTD   2012-11-14 2014-11-20
2. BUNGE LIMITED   2011-08-24 2014-11-20
50. INVESCO LTD   2011-08-24 2014-11-20
100. NOBLE CORP PLC   2012-06-11 2014-11-20
35. SEAGATE TECHNOLOGY   2011-08-24 2014-11-20
16. SIGNET JEWELERS LTD   2011-08-24 2014-11-20
110. UTI WORLDWIDE INC   2012-06-11 2014-11-20
30. TE CONNECTIVITY LTD   2012-07-25 2014-11-20
19. CHECKPOINT SOFTWARE TECHNOLOGY COMMON   2011-02-14 2014-11-20
100. AVAGO TECHNOLOGIES LTD   2012-06-11 2014-11-20
1. ALEXANDRIA REAL ESTATE   2011-08-24 2015-01-12
2. AMERISOURCEBERGEN CORP. COMMON   2011-08-24 2015-01-12
5. APPLE COMPUTER CORPORATION COMMON   2012-06-11 2015-01-12
44. ATWOOD OCEANICS INC   2011-08-24 2015-01-12
2. AUTOLIV INC COMMON   2011-12-27 2015-01-12
16. BANCFIRST CORP   2014-11-20 2015-01-12
72. BENCHMARK ELECTRONICS COMMON   2011-08-24 2015-01-12
68. BIO-REFERENCE LABS INC. COMMON   2012-06-11 2015-01-12
71. C&J ENERGY SERVICES, INC. COMMON   2014-11-20 2015-01-12
2. CDW CORP OF DELAWARE COMMON   2014-11-20 2015-01-12
121. CALGON CAROBN CORP COMMON   2011-08-24 2015-01-12
36. CALIFORNIA RESOURCES CORP COMMON   2012-11-14 2015-01-12
1. CASEY'S GENERAL STORES, INC. COMMON   2011-08-24 2015-01-12
33. CHART INDUSTRIES INC COMMON   2011-08-24 2015-01-12
64. CHEVRON TEXACO CORP COMMON     2015-01-12
1. CITIZENS FINANCIAL GROUP COMMON   2014-11-20 2015-01-12
20.42 COHEN & STEERS REALTY SHARES INSTITUTION   2012-06-11 2015-01-12
9. COSTCO WHOLESALE CORP   2012-06-11 2015-01-12
10. CROWN HOLDINGS INC COMMON   2011-03-24 2015-01-12
31. EPAM SYSTEMS INC. COMMON   2014-11-20 2015-01-12
2. FEI COMPANY COMMON   2012-11-14 2015-01-12
58. FORWARD AIR CORP   2011-08-24 2015-01-12
6. GOODYEAR TIRE & RUBBER COMPANY   2014-11-20 2015-01-12
36. HANCOCK HOLDING COMPANY   2014-11-20 2015-01-12
37. HANGER ORTHOPEDIC GROUP   2014-03-25 2015-01-12
214. HARMONIC INC COM   2011-08-24 2015-01-12
288. HECLA MINING     2015-01-12
2. HUMANA, INC.   2012-12-26 2015-01-12
50. JOY GLOBAL INC COMMON   2011-08-24 2015-01-12
40. LAKELAND FINANCIAL CORP   2014-11-20 2015-01-12
30. LANNETT COMPANY INC COMMON   2014-11-20 2015-01-12
2. LIBERTY PPTY TR SH BEN TR   2014-11-20 2015-01-12
30. LINDSAY MFG CO COMMON   2011-12-27 2015-01-12
1. LINDSAY MFG CO COMMON   2014-11-20 2015-01-12
54. MVC CAPITAL   2014-11-20 2015-01-12
39. STEVEN MADDEN LTD COMMON   2012-11-14 2015-01-12
131. MATTEL INC     2015-01-12
9. MAXIM INTEGRATED PRODUCTS INC COMON   2014-03-25 2015-01-12
3. MEDNAX INC COMMON   2011-02-14 2015-01-12
38. MYRIAD GENETICS INC COMMON   2014-01-24 2015-01-12
28. NAVIGATORS GROUP INC COMMON   2011-08-24 2015-01-12
44. NETSCOUT SYSTEMS INC COMMON   2014-11-20 2015-01-12
74.71 ALTEGRIS MACRO STRATEGY FUND-I   2012-03-07 2015-01-12
34. OUTERWALL INC COMMON   2011-12-27 2015-01-12
50. OWENS ILLINOIS INC COM NEW   2014-01-24 2015-01-12
58. PRA GROUP INC COMMON   2011-08-24 2015-01-12
4. PHILIP MORRIS INTERNATIONAL   2011-08-24 2015-01-12
1. PHILIP MORRIS INTERNATIONAL   2014-01-24 2015-01-12
1. PORTLAND GENERAL ELECTRIC CO COMMON   2014-11-20 2015-01-12
5. POST HOLDINGS INC. COMMON   2014-11-20 2015-01-12
90. PRESTIGE BRANDS HOLDINGS INC COMMON   2011-08-24 2015-01-12
2. QUALCOMM INC COMMON   2012-06-11 2015-01-12
4. ROSS STORES INC COM   2011-08-24 2015-01-12
7. SCHLUMBERGER LTD   2012-06-11 2015-01-12
27. SCHNITZER STEEL INDS INC CL A   2011-08-24 2015-01-12
105. SEMTECH CORP   2011-08-24 2015-01-12
21. STARWOOD PROPERTY TRUST INC COMMON   2014-11-20 2015-01-12
31. SUN HYDRAULICS CORPORATION COMMON   2011-08-24 2015-01-12
39. SYNAPTICS INC   2011-08-24 2015-01-12
127. TTM TECHNOLOGIES INC COMMON   2011-08-24 2015-01-12
64. TORO COMPANY COMMON   2011-08-24 2015-01-12
1. TRACTOR SUPPLY COMPANY COMMON   2011-08-24 2015-01-12
45. UNITED NATURAL FOODS INC.   2011-08-24 2015-01-12
70. VCA ANTECH INC COMMON   2012-12-26 2015-01-12
11. VCA ANTECH INC COMMON   2014-11-20 2015-01-12
45. VERA BRADLEY, INC. COMMON   2014-11-20 2015-01-12
50. VERINT SYSTEMS INC COMMON   2014-11-20 2015-01-12
2. XILINX INC   2011-08-24 2015-01-12
1. ARCH CAPITAL GROUP LTD   2011-08-24 2015-01-12
30. ENDURANCE SPECIALTY HOLDINGS LTD   2012-06-11 2015-01-12
117. ENSCO PLC     2015-01-12
3. SEAGATE TECHNOLOGY   2011-08-24 2015-01-12
6. SIGNET JEWELERS LTD   2011-08-24 2015-01-12
2. CHECKPOINT SOFTWARE TECHNOLOGY COMMON   2011-02-14 2015-01-12
189. KKR & CO. L.P.     2015-04-16
90. LAZARD LTD     2015-04-16
.047 GOOGLE INC CLASS C COMMON   2013-02-25 2015-05-12
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 6   6  
b 3   4 -1
c 8,714   7,759 955
d 237,853   234,960 2,893
e 888   2,227 -1,339
9,974   9,893 81
1,259   1,806 -547
14,316   12,909 1,407
2,030   2,321 -291
11,743   9,786 1,957
2,293   1,200 1,093
4,158   5,200 -1,042
2,047   2,050 -3
3,130   3,905 -775
2,298   4,798 -2,500
14,105   13,217 888
9,745   7,831 1,914
190   385 -195
930   874 56
50,000   50,565 -565
1,031   612 419
2,930   1,503 1,427
2,897   2,327 570
742   515 227
4,188   3,608 580
1,875   1,567 308
14,705   6,375 8,330
3,119   1,546 1,573
935   568 367
11,210   7,473 3,737
1,410   1,435 -25
2,657   1,134 1,523
1,352   816 536
1,827   1,362 465
8,038   5,736 2,302
1,266   1,034 232
1,791   1,307 484
978   983 -5
937   414 523
596   318 278
772   920 -148
2,866   1,136 1,730
2,910   2,297 613
907   481 426
343   261 82
691   483 208
2,053   912 1,141
1,450   1,065 385
3,600   3,863 -263
3,288   1,609 1,679
171   83 88
3,160   1,978 1,182
730   712 18
1,288   1,178 110
4,240   1,778 2,462
1,030   1,689 -659
2,167   3,349 -1,182
4,219   5,663 -1,444
1,910   1,087 823
12,805   11,261 1,544
2,819   1,285 1,534
2,046   1,629 417
1,809   1,293 516
4,856   3,034 1,822
2,740   1,898 842
2,945   3,363 -418
1,635   1,638 -3
6,254   4,366 1,888
7,072   5,046 2,026
3,710   2,196 1,514
2,426   2,732 -306
3,898   2,326 1,572
3,956   3,540 416
399   369 30
1,364   1,387 -23
772   794 -22
77,785   79,649 -1,864
1,524   821 703
5,788   4,557 1,231
3,177   2,938 239
1,701   1,311 390
11,822   2,906 8,916
1,625   1,201 424
1,318   1,316 2
61   98 -37
644   465 179
2,147   1,439 708
151   447 -296
8,844   6,351 2,493
2,442   1,234 1,208
2,192   1,408 784
8,571   4,305 4,266
5,433   3,401 2,032
2,907   2,765 142
1,603   1,469 134
1,173   1,046 127
1,242   874 368
1,777   1,752 25
2,671   1,817 854
1,221   1,119 102
961   410 551
3,656   2,079 1,577
3,941   3,482 459
199   165 34
1,159   1,073 86
3,264   1,622 1,642
3,555   2,146 1,409
8,294   4,638 3,656
5,189   1,551 3,638
5,733   3,926 1,807
3,008   1,086 1,922
1,936   1,559 377
65   50 15
853   500 353
1,928   1,007 921
3,300   2,778 522
1,263   1,337 -74
4,477   2,840 1,637
5,001   2,619 2,382
1,021   743 278
114   48 66
4,253   2,350 1,903
1,820   1,727 93
3,231   2,246 985
2,035   1,534 501
8,223   7,945 278
6,903   2,944 3,959
5,461   5,886 -425
1,640   498 1,142
5,736   4,205 1,531
1,762   1,464 298
1,978   1,352 626
3,202   1,842 1,360
110   70 40
3,949   2,255 1,694
2,792   2,421 371
1,165   513 652
346   215 131
5,014   4,084 930
603   557 46
3,925   2,867 1,058
2,113   1,758 355
70   120 -50
614   503 111
5,511   2,557 2,954
4,315   2,286 2,029
5,872   5,367 505
2,621   1,962 659
1,204   761 443
1,502   1,938 -436
3,109   2,748 361
1,283   528 755
370   173 197
490   763 -273
8,529   6,332 2,197
2,813   1,518 1,295
1,828   1,892 -64
2,578   1,566 1,012
1,366   604 762
2,285   885 1,400
9,319   4,200 5,119
2,351   1,555 796
2,270   1,850 420
14,476   6,563 7,913
1,859   969 890
1,069   714 355
2,955   1,481 1,474
1,817   585 1,232
3,876   2,597 1,279
1,898   1,272 626
1,722   1,611 111
439   258 181
1,853   1,037 816
1,484   843 641
1,394   964 430
181   122 59
1,991   868 1,123
2,074   2,774 -700
2,282   380 1,902
1,931   555 1,376
1,207   1,673 -466
1,846   946 900
1,446   952 494
8,948   3,369 5,579
94   68 26
188   76 112
560   416 144
1,188   1,663 -475
206   106 100
941   1,058 -117
1,776   911 865
2,135   1,481 654
814   1,325 -511
71   66 5
2,354   1,868 486
169   233 -64
91   41 50
969   1,382 -413
6,810   4,906 1,904
24   24  
1,082   860 222
1,294   798 496
476   388 88
1,485   1,490 -5
169   104 65
2,696   1,488 1,208
169   157 12
967   1,232 -265
802   1,205 -403
1,420   1,036 384
878   1,742 -864
293   137 156
2,160   3,660 -1,500
1,614   1,622 -8
1,382   1,395 -13
79   70 9
2,536   1,674 862
85   87 -2
534   602 -68
1,250   1,072 178
3,803   4,717 -914
296   293 3
197   95 102
1,454   959 495
1,995   1,166 829
1,521   1,658 -137
662   727 -65
2,505   1,579 926
1,234   1,622 -388
3,246   1,390 1,856
334   280 54
84   82 2
38   36 2
206   180 26
3,157   897 2,260
149   117 32
383   147 236
549   452 97
479   1,084 -605
2,834   2,111 723
499   494 5
1,146   787 359
2,341   981 1,360
939   1,328 -389
3,921   1,574 2,347
80   29 51
3,466   1,744 1,722
3,522   1,460 2,062
553   505 48
858   985 -127
2,811   2,943 -132
86   59 27
59   32 27
1,808   1,157 651
3,334   5,626 -2,292
198   33 165
747   208 539
161   100 61
4,375   4,331 44
5,048   4,429 619
25   19 6
      6,351
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a        
b       -1
c       955
d       2,893
e       -1,339
      81
      -547
      1,407
      -291
      1,957
      1,093
      -1,042
      -3
      -775
      -2,500
      888
      1,914
      -195
      56
      -565
      419
      1,427
      570
      227
      580
      308
      8,330
      1,573
      367
      3,737
      -25
      1,523
      536
      465
      2,302
      232
      484
      -5
      523
      278
      -148
      1,730
      613
      426
      82
      208
      1,141
      385
      -263
      1,679
      88
      1,182
      18
      110
      2,462
      -659
      -1,182
      -1,444
      823
      1,544
      1,534
      417
      516
      1,822
      842
      -418
      -3
      1,888
      2,026
      1,514
      -306
      1,572
      416
      30
      -23
      -22
      -1,864
      703
      1,231
      239
      390
      8,916
      424
      2
      -37
      179
      708
      -296
      2,493
      1,208
      784
      4,266
      2,032
      142
      134
      127
      368
      25
      854
      102
      551
      1,577
      459
      34
      86
      1,642
      1,409
      3,656
      3,638
      1,807
      1,922
      377
      15
      353
      921
      522
      -74
      1,637
      2,382
      278
      66
      1,903
      93
      985
      501
      278
      3,959
      -425
      1,142
      1,531
      298
      626
      1,360
      40
      1,694
      371
      652
      131
      930
      46
      1,058
      355
      -50
      111
      2,954
      2,029
      505
      659
      443
      -436
      361
      755
      197
      -273
      2,197
      1,295
      -64
      1,012
      762
      1,400
      5,119
      796
      420
      7,913
      890
      355
      1,474
      1,232
      1,279
      626
      111
      181
      816
      641
      430
      59
      1,123
      -700
      1,902
      1,376
      -466
      900
      494
      5,579
      26
      112
      144
      -475
      100
      -117
      865
      654
      -511
      5
      486
      -64
      50
      -413
      1,904
       
      222
      496
      88
      -5
      65
      1,208
      12
      -265
      -403
      384
      -864
      156
      -1,500
      -8
      -13
      9
      862
      -2
      -68
      178
      -914
      3
      102
      495
      829
      -137
      -65
      926
      -388
      1,856
      54
      2
      2
      26
      2,260
      32
      236
      97
      -605
      723
      5
      359
      1,360
      -389
      2,347
      51
      1,722
      2,062
      48
      -127
      -132
      27
      27
      651
      -2,292
      165
      539
      61
      44
      619
      6
       
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 2 181,116
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 121,882 2,514,132 0.048479
2012 111,692 2,422,217 0.046111
2011 112,335 2,315,824 0.048508
2010 110,901 2,388,289 0.046435
2009 74,000 2,254,481 0.032824
2 Total of line 1, column (d) ...................... 2 0.222357
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 0.044471
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 2,523,457
5 Multiply line 4 by line 3....................... 5 112,221
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 2,142
7 Add lines 5 and 6......................... 7 114,363
8 Enter qualifying distributions from Part XII, line 4.............. 8 127,795
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 2,142
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 2,142
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,142
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 800
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.............. 7 800
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 1,342
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet0 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)
    bulletNC
    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 addressbullet  
    14
    The books are in care ofbulletBRANCH BANKING & TRUST COMPANY Telephone no.bullet (910) 693-2726
    Located atbullet130 APPLECROSS RDPINEHURSTNC ZIP+4bullet28374
    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
     
    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
     
    No
    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
    BRANCH BANKING AND TRUST COMPANY TRUSTEE
    1     		33,974    
    PO DRAWER 1149
    PINEHURST,NC28374
    ROBERT HUTCHINSON TRUSTEE
    1     		0    
    220 E WASHINGTON ST
    ROCKINGHAM,NC28379
    JUDY S BLOUNT TRUSTEE
    1     		0    
    715 STANLEY AVE
    ROCKINGHAM,NC28379
    F BRENT NEAL TRUSTEE
    1     		0    
    PO BOX 1657
    ROCKINGHAM,NC283791657
    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
    2,414,681
    b
    Average of monthly cash balances.......................
    1b
    147,204
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,561,885
    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
    2,561,885
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    38,428
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,523,457
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    126,173
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    126,173
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    2,142
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,142
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    124,031
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    124,031
    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
    124,031
    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
    127,795
    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
    127,795
    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
    2,142
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    125,653
    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 7 124,031
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 127,333
    b Total for prior years:2012, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 0
    b From 2010....... 0
    c From 2011....... 0
    d From 2012....... 0
    e From 2013....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 127,795
    a Applied to 2013, but not more than line 2a 127,333
    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..... 462
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		123,569
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2010.... 0
    b Excess from 2011.... 0
    c Excess from 2012.... 0
    d Excess from 2013.... 0
    e Excess from 2014.... 0
    Form 990-PF (2014)
    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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    TONIA WRIGHT
    130 APPLECROSS RD
    PINEHURST,NC28374
    (910) 693-2726
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN REQUEST FOR SCHOLARSHIP TO DUKE UNIV, UNC-CHAPEL HILL OR SALEM COLLEGE. WILL SHOW SCHOOL RECORD, HIGH SCHOOL, CLASS AND PLANNED MAJOR WRITTE REQUEST FOR PUBLIC SUPPORT - TITLE OF PROJECT, GOALS AND COST.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SCHOLARSHIP - RESIDENT OF RICHMOND COUNTY, NC PUBLIC SUPPORT - RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR INSTITUTIONS THAT SUPPORT CITIZENS OF RICHMOND COUNTY AND STATE OF NC
    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
    UNC CHAPEL HILL
    CB 2200 JACKSON HALL
    CHAPEL HILL,NC275992200     		NONE EXEMPT COLLEGE SCHOLARSHIP 93,500
    DUKE UNIVERSITY
    2138 CAMPUS DR BOX 90586
    DURHAM,NC277080586     		NONE N/A COLLEGE SCHOLARSHIP 4,500
    FOOD BANK OF CENTRAL & EASTERN
    NORTH CAROLINA
    195 SANDY AVENUE
    SOUTHERN PINES,NC28387     		NONE EXEMPT FEEDING FAMILIES BETTER 14,265
    OUR DAILY BREAD FOOD MINISTRY
    108 S RANDOLPH STREET
    ROCKINGHAM,NC28379     		NONE PUBLIC CHARITY FOOD BANK 8,500
    SANDHILLS CHILDREN CENTER
    1280 CENTRAL DRIVE
    SOUTHERN PINES,NC28387     		NONE EXEMPT EDUCATIONAL 7,030
    Total .................................bullet 3a 127,795
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 2,805  
    4 Dividends and interest from securities....     14 65,899  
    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 .............     		    18 181,116  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aLITIGATION PROCEED     14 111  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   249,931  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13249,931
    (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 OtherDecreasesSchedule
    Name:
    THOMAS H AND MARY HADLEY CONNER LEATH FND
    EIN: 56-6294400
    Description Amount
       
       


    TY 2014 OtherIncreasesSchedule
    Name:
    THOMAS H AND MARY HADLEY CONNER LEATH FND
    EIN: 56-6294400
    Description Amount