Form990-PF
Click to see attachment

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
THE DORIS PILGRIM JULIAN CHARITABLE TRUST
 

Number and street (or P.O. box number if mail is not delivered to street address)BANK OF AMERICA NA PO BOX 831   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DALLAS, TX752831041
A Employer identification number

54-6882534
B Telephone number (see instructions)

(800) 357-7094
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$6,269,235J 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...... 154,805 154,805  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 205,005
b Gross sales price for all assets on line 6a 1,016,323
7 Capital gain net income (from Part IV, line 2)... 205,005
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 359,810 359,810  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 21,496 12,898   8,599
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)....... Click to see attachment 1,250 0 0 1,250
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,059 925   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).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 24,805 13,823 0 9,849
25 Contributions, gifts, grants paid........ 295,100 295,100
26 Total expenses and disbursements. Add lines 24 and 25 319,905 13,823 0 304,949
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 39,905
b Net investment income (if negative, enter -0-) 345,987
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...............   -407 -407
2 Savings and temporary cash investments.......... 184,813 465,226 465,226
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)      
b Investments—corporate stock (attach schedule)........ 3,177,050 Click to see attachment3,206,964 4,736,817
c Investments—corporate bonds (attach schedule)........ 1,342,279 Click to see attachment1,070,836 1,067,599
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........     0
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) 4,704,142 4,742,619 6,269,235
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......... 4,704,142 4,742,619
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)...... 4,704,142 4,742,619
31 Total liabilities and net assets/fund balances (see instructions).. 4,704,142 4,742,619
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 4,704,142
2 Enter amount from Part I, line 27a..................... 2 39,905
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 2
4 Add lines 1, 2, and 3.......................... 4 4,744,049
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 1,430
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 4,742,619
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 .667 CDK GLOBAL INC COM   2008-06-29 2014-10-22
b 566. CDK GLOBAL INC COM   2008-06-29 2014-11-28
c 500. COLGATE PALMOLIVE CO   2008-06-29 2014-11-28
d 100000. DU PONT E I DE NEMOURS & CO SR NT   2010-01-25 2015-01-15
e .62 GOVERNMENT NATL MTG ASSN II POOL # 001721   2008-06-29 2014-08-31
.6 GOVERNMENT NATL MTG ASSN II POOL # 001721   2008-06-29 2014-09-30
.59 GOVERNMENT NATL MTG ASSN II POOL # 001721   2008-06-29 2014-10-31
.59 GOVERNMENT NATL MTG ASSN II POOL # 001721   2008-06-29 2014-11-30
.59 GOVERNMENT NATL MTG ASSN II POOL # 001721   2008-06-29 2014-12-31
.61 GOVERNMENT NATL MTG ASSN II POOL # 001721   2008-06-29 2015-01-31
.6 GOVERNMENT NATL MTG ASSN II POOL # 001721   2008-06-29 2015-02-28
.63 GOVERNMENT NATL MTG ASSN II POOL # 001721   2008-06-29 2015-03-31
.63 GOVERNMENT NATL MTG ASSN II POOL # 001721   2008-06-29 2015-04-30
30.2 GOVERNMENT NATL MTG ASSN II POOL # 001721   2008-06-29 2015-05-31
.3 GOVERNMENT NATL MTG ASSN II POOL # 001721   2008-06-29 2015-06-30
.32 GOVERNMENT NATL MTG ASSN II POOL # 001721   2008-06-29 2015-07-31
50000. GOLDMAN SACHS GROUP INC SR NT   2013-01-18 2015-05-03
.412 GOOGLE INC COM CL C   2014-11-28 2015-05-19
100. HALYARD HEALTH INC COM   2008-06-29 2014-11-28
500. ILLINOIS TOOL WORKS INCORPORATED   2008-06-29 2014-11-28
1000. MICROSOFT CORPORATION   2008-06-29 2014-11-28
17777.778 PIMCO TOTAL RETURN FUND INSTL   2010-07-08 2014-11-28
9066.183 PIMCO TOTAL RETURN FUND INSTL   2010-03-19 2014-11-28
2460.63 PIMCO EMERGING MKT CURRENCY FUND INSTL   2012-07-13 2014-11-28
4621.072 PIMCO EMERGING LOCAL BD FUND INSTL CL   2012-10-10 2014-11-28
2371.917 PIMCO EMERGING LOCAL BD FUND INSTL CL   2012-07-13 2014-11-28
300. PROCTER & GAMBLE CO COM   2008-06-29 2014-11-28
400. THERMO ELECTRON CORP   2010-03-26 2014-11-28
500. 3M CO COM   2008-06-29 2014-11-28
100000. TOYOTA MTR CR CORP MTN   2012-01-31 2015-06-17
1000. UNILEVER N V-W/I (NET/USD) US9047847093   2008-06-29 2014-11-28
.678 VERITIV CORP-W/I COM   2010-03-18 2014-08-27
28. VERITIV CORP-W/I COM   2010-03-18 2014-11-28
.667 PARAGON OFFSHORE PLC COM   2010-03-18 2014-09-15
266. PARAGON OFFSHORE PLC COM   2010-03-18 2014-11-28
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 17   10 7
b 21,635   8,146 13,489
c 34,903   16,815 18,088
d 100,000   100,419 -419
e 1   1  
1   1  
1   1  
1   1  
1   1  
1   1  
1   1  
1   1  
1   1  
30   50 -20
    1 -1
    1 -1
50,000   50,877 -877
222   222  
3,960   1,718 2,242
47,593   16,955 30,638
48,099   18,925 29,174
196,089   199,584 -3,495
100,000   99,788 212
23,696   24,924 -1,228
41,405   49,520 -8,115
21,252   24,754 -3,502
27,134   18,032 9,102
51,747   20,048 31,699
80,179   27,565 52,614
100,000   103,820 -3,820
40,713   24,395 16,318
30   13 17
1,403   554 849
5   10 -5
959   4,163 -3,204
      25,243
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       7
b       13,489
c       18,088
d       -419
e        
       
       
       
       
       
       
       
       
      -20
      -1
      -1
      -877
       
      2,242
      30,638
      29,174
      -3,495
      212
      -1,228
      -8,115
      -3,502
      9,102
      31,699
      52,614
      -3,820
      16,318
      17
      849
      -5
      -3,204
       
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 2 205,005
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 253,958 6,145,810 0.041322
2012 252,672 5,743,421 0.043993
2011 248,089 5,483,399 0.045244
2010 195,940 5,375,036 0.036454
2009 5,911 4,807,294 0.00123
2 Total of line 1, column (d) ...................... 2 0.168243
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 0.033649
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 6,201,191
5 Multiply line 4 by line 3....................... 5 208,664
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,460
7 Add lines 5 and 6......................... 7 212,124
8 Enter qualifying distributions from Part XII, line 4.............. 8 304,949
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 3,460
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 3,460
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 3,460
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 1,668
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 1,668
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 1,792
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)
    bulletTX
    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 addressbulletNONE
    14
    The books are in care ofbulletBANK OF AMERICA NA Telephone no.bullet (980) 683-9845
    Located atbullet150 N COLLEGE STREETCHARLOTTENC ZIP+4bullet28255
    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
     
    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
    BANK OF AMERICA N A CO-TRUSTEE
    1     		21,496    
    150 N COLLEGE ST
    CHAROLOTTE,NC28255
    AUBREY HAL PILGRIM CO-TRUSTEE
    10     		0    
    9 CENTENARY CIR
    LONGVIEW,TX756013570
    EVANNE PILGRIM CO-TRUSTEE
    10     		0    
    PO BOX 1153
    PITTSBURG,TX756863153
    PAULETTE ROLSTON CO-TRUSTEE
    10     		0    
    2388 STATE HIGHWAY 11 E
    PITTSBURG,TX756864012
    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
    6,037,801
    b
    Average of monthly cash balances.......................
    1b
    257,824
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,295,625
    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
    6,295,625
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    94,434
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,201,191
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    310,060
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    310,060
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    3,460
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,460
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    306,600
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    306,600
    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
    306,600
    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
    304,949
    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
    304,949
    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
    3,460
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    301,489
    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 7 306,600
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 295,023
    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$ 304,949
    a Applied to 2013, but not more than line 2a 295,023
    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..... 9,926
    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 ..........     		296,674
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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
    PITTSBURG INDEPENDENT SCHOOL
    DISTRICT
    P O BOX 1189
    PITTSBURG,TX75686     		N/A PC DECOR & ENHANCEMENTS AG 31,000
    CITY OF PITTSBURG
    200 RUSK ST
    PITTSBURG,TX75686     		N/A PC CONSTRUCTION - FAIR PARK 190,000
    CAMP COUNTY TEXAS
    126 E CHURCH STREET
    PITTSBURG,TX75686     		N/A PC CONSTRUCTION - CONCRETE 49,100
    PITTSBURG CAMP COUNTY MUSEUM
    P O BOX 157
    PITTSBURG,TX75686     		N/A PC RENOVATION OF THE PITTSBURG 25,000
    Total .................................bullet 3a 295,100
    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....     14 154,805  
    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 .............     		    18 205,005  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   359,810  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13359,810
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    THE DORIS PILGRIM JULIAN CHARITABLE TRUST
    EIN: 54-6882534
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE - BOA 1,250     1,250

    TY 2014 GeneralExplanationAttachment
    Name:
    THE DORIS PILGRIM JULIAN CHARITABLE TRUST
    EIN: 54-6882534
    Identifier Return Reference Explanation
    FEDERAL FOOTNOTE PART VIII LIST OF OFFICERS AND DIRECTORS THE COMPENSATION SHOWN ON THE RETURN THAT IS PAID TO BANK OF AMERICA, N.A. AS CORPORATE TRUSTEE IS NOT CALCULATED BASED UPON AN HOURLY RATE FOR THE TIME SPENT BY THE TRUSTEE; RATHER, BANK OF AMERICA'S COMPENSATION IS CALCULATED USING A MARKET VALUE FEE SCHEDULE. THE TRUST OFFICER'S TIME SPENT PERFORMING ADMINISTRATIVE RESPONSIBILITIES FOR THIS FOUNDATION AVERAGES ONE HOUR PER WEEK. IN ADDITION, TIME IS SPENT BY OTHER STAFF MEMBERS FOR RECORDKEEPING, INVESTMENT MANAGEMENT, INCOME COLLECTION, RENDERING STATEMENTS AND ACCOUNTINGS, REGULATORY REPORTING, REGULATORY COMPLIANCE, AND TAX SERVICES.

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    THE DORIS PILGRIM JULIAN CHARITABLE TRUST
    EIN: 54-6882534
    Name of Bond End of Year Book Value End of Year Fair Market Value
    00206RBL5 AT&T INC SR UNSECD N 74,972 74,954
    002824AW0 ABBOTT LABS SR UNSEC 56,407 54,700
    084664BE0 BERKSHIRE HATHAWAY F 52,639 55,351
    10138MAG0 BOTTLING GROUP LLC N 108,220 103,241
    263534BY4 DU PONT E I DE NEMOU    
    36962G4D3 GENERAL ELEC CAP COR 59,256 57,429
    38141GGT5 GOLDMAN SACHS GROUP    
    46625HGY0 JPMORGAN CHASE & CO 52,795 54,913
    478160AQ7 JOHNSON & JOHNSON NT 55,207 54,692
    494368BB8 KIMBERLY CLARK CORP 55,165 54,840
    59156RBE7 METLIFE INC UNSECD S 50,510 50,289
    693476BM4 PNC FDG CORP GTD NT 77,879 76,244
    717081DB6 PFIZER INC SR UNSECD 110,684 114,506
    718172AJ8 PHILIP MORRIS INTL I 103,231 101,500
    87612EAS5 TARGET CORP CONS BD 54,610 55,409
    89233P4B9 TOYOTA MTR CR CORP M    
    929903DT6 WACHOVIA CORP NEW NT 52,524 54,204
    931142CZ4 WAL-MART STORES INC 106,704 105,307
    36202B4E2 GOVERNMENT NATL MTG 33 20

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    THE DORIS PILGRIM JULIAN CHARITABLE TRUST
    EIN: 54-6882534
    Name of Stock End of Year Book Value End of Year Fair Market Value
    037411105 APACHE CORP COM 56,993 27,513
    166764100 CHEVRON CORP COM 73,169 88,480
    20825C104 CONOCOPHILLIPS COM 39,561 50,340
    718546104 PHILLIPS 66 COM 11,757 39,750
    150870103 CELANESE CORP DEL SE 32,723 65,920
    460146103 INTERNATIONAL PAPER 39,106 71,805
    767204100 RIO TINTO PLC SPONSO 45,383 30,896
    452308109 ILLINOIS TOOL WKS IN 50,865 134,205
    88579Y101 3M CO COM 44,104 121,072
    911312106 UNITED PARCEL SVC IN 57,749 92,124
    913017109 UNITED TECHNOLOGIES 59,229 80,248
    580135101 MCDONALDS CORP COM 83,298 137,308
    872540109 TJX COS INC NEW COM 43,523 139,640
    87612E106 TARGET CORP COM 97,429 147,330
    191216100 COCA COLA CO COM 50,935 94,484
    194162103 COLGATE PALMOLIVE CO 35,312 71,421
    494368103 KIMBERLY CLARK CORP 39,650 91,976
    742718109 PROCTER & GAMBLE CO 84,147 107,380
    904784709 UNILEVER N V NEW NEW 34,153 62,762
    002824100 ABBOTT LABS COM 22,608 45,621
    00287Y109 ABBVIE INC COM 24,516 63,009
    30219G108 EXPRESS SCRIPTS HLDG 45,757 72,957
    478160104 JOHNSON & JOHNSON CO 63,921 110,231
    717081103 PFIZER INC COM 68,620 144,240
    883556102 THERMO FISHER SCIENT 40,095 111,624
    38141G104 GOLDMAN SACHS GROUP 35,466 41,014
    46625H100 J P MORGAN CHASE & C 56,916 95,942
    949746101 WELLS FARGO & CO NEW 56,687 115,740
    037833100 APPLE INC COM 44,759 169,820
    053015103 AUTOMATIC DATA PROCE 56,368 135,609
    268648102 EMC CORP COM 70,787 100,838
    459200101 INTERNATIONAL BUSINE 48,420 97,194
    594918104 MICROSOFT CORP COM 64,345 158,780
    26441C204 DUKE ENERGY CORP NEW 6,906 11,727
    277902698 EATON VANCE ATLANTA 75,000 161,078
    277923751 EATON VANCE PARAMETR 149,878 147,742
    47103C795 JANUS ENTERPRISE FUN 100,000 187,271
    47803W406 JOHN HANCOCK FDS III 30,000 55,354
    04315J860 ARTIO GLOBAL HIGH IN 99,856 85,563
    277907200 EATON VANCE INCOME F 150,000 149,760
    38145N220 GOLDMAN SACHS ABSOLU 50,000 49,946
    722005667 PIMCO COMMODITY REAL 75,000 31,715
    72201P175 PIMCO COMMODITIESPLU 100,000 64,321
    714199106 PERMANENT PORTFOLIO 75,000 62,117
    G65431101 NOBLE CORP PLC COM 29,716 9,560
    375558103 GILEAD SCIENCES INC 50,534 58,930
    59156R108 METLIFE INC COM 55,728 55,740
    38259P706 GOOGLE INC COM CL C 80,995 93,842
    315807552 FIDELITY ADVISOR FLO 50,000 48,931
    19765N468 COLUMBIA INTERMEDIAT 300,000 297,720
    55273E640 MFS EMERGING MKTS DE 50,000 48,227
    693390700 PIMCO TOTAL RETURN F    
    72201F409 PIMCO EMERGING MKT C    
    72201F516 PIMCO EMERGING LOCAL    

    TY 2014 OtherDecreasesSchedule
    Name:
    THE DORIS PILGRIM JULIAN CHARITABLE TRUST
    EIN: 54-6882534
    Description Amount
       


    TY 2014 OtherIncreasesSchedule
    Name:
    THE DORIS PILGRIM JULIAN CHARITABLE TRUST
    EIN: 54-6882534
    Description Amount
       


    TY 2014 TaxesSchedule
    Name:
    THE DORIS PILGRIM JULIAN CHARITABLE TRUST
    EIN: 54-6882534
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 406 406   0
    EXCISE TAX ESTIMATES 1,134 0   0
    FOREIGN TAXES ON QUALIFIED FOR 412 412   0
    FOREIGN TAXES ON NONQUALIFIED 107 107   0