TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information 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
PROCTOR PATTERSON FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)PNC BANK NA PO BOX 94651 Room/suite

City or town, state or province, country, and ZIP or foreign postal code
CLEVELAND, OH441014651

A Employer identification number

30-6081504

B Telephone number (see instructions)

(412) 762-5188

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$13,812,600J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

	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)


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	313,688		313,688
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		814,493
b	Gross sales price for all assets on line 6a 5,064,647
7	Capital gain net income (from Part IV, line 2)...			814,493
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).......		27,943
12	Total. Add lines 1 through 11........	1,156,124		1,128,181
13	Compensation of officers, directors, trustees, etc.	92,725		46,363		46,362
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)...		30,461	597		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).......		48,405			48,404
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	171,591		46,960	0	94,766
25	Contributions, gifts, grants paid........	968,807				968,807
26	Total expenses and disbursements. Add lines 24 and 25	1,140,398		46,960	0	1,063,573
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	15,726
b	Net investment income (if negative, enter -0-)			1,081,221
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	38,575	225,125	225,125
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)	1,191,065	988,479	1,065,009
	b	Investments—corporate stock (attach schedule)........	4,905,181	4,615,317	6,435,839
	c	Investments—corporate bonds (attach schedule)........	657,356	651,983	707,526
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	4,519,949	4,659,280	5,379,101
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	11,312,126	11,140,184	13,812,600
	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 )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	11,419,651	11,296,166
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	-107,525	-155,982
	30	Total net assets or fund balances (see instructions)......	11,312,126	11,140,184
	31	Total liabilities and net assets/fund balances (see instructions)..	11,312,126	11,140,184

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	11,312,126
2	Enter amount from Part I, line 27a.....................	2	15,726
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	11,327,852
5	Decreases not included in line 2 (itemize)	5	187,668
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	11,140,184

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	990. BAXTER INTERNATIONAL INC			2014-01-01
b	1935. FORD MTR CO DEL COM PAR $0.01		2013-07-22	2014-01-01
c	4175. FORD MTR CO DEL COM PAR $0.01			2014-01-01
d	1. PHARMACIA CORPORATION MERGED 04/16/2003 SEE XXX-XX-XXXX		2001-01-01	2014-01-14
e	390. BEST BUY INC		2013-09-19	2014-01-17
	1130. BEST BUY INC		2013-09-19	2014-01-17
	1300. EBAY INC		2011-08-04	2014-01-28
	30. CELGENE CORP		2013-08-29	2014-01-30
	80. CHUBB CORP COM		2011-08-04	2014-01-30
	140. COCACOLA CO		2011-08-04	2014-01-30
	190. GENERAL ELEC CO COM		2002-08-02	2014-01-30
	80. PROCTER & GAMBLE CO		2013-01-29	2014-01-30
	70. UNITED TECHNOLOGIES CORP COM		2011-08-04	2014-01-30
	150. WELLS FARGO & CO NEW COM		2002-02-08	2014-01-30
	130. WISCONSIN ENERGY CORP		2011-08-04	2014-01-30
	59345.699 PNC INTERMEDIATE BOND FUND CLASS I			2014-02-04
	399.292 PNC INTERMEDIATE BOND FUND CLASS I			2014-02-04
	907. CITIGROUP INC			2014-02-07
	1133. CITIGROUP INC		2011-08-04	2014-02-07
	1190. OMNICARE INC			2014-02-20
	280. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4		2013-08-29	2014-02-20
	490. NU SKIN ENTERPRISES INC			2014-03-05
	590. PROCTER & GAMBLE CO			2014-03-05
	20. PROCTER & GAMBLE CO		2012-11-29	2014-03-05
	380. CELGENE CORP		2013-08-29	2014-03-12
	230. PVH CORP		2012-10-17	2014-03-12
	1. EL PASO CORPORATION		2001-01-01	2014-03-13
	350. PVH CORP			2014-03-13
	100. PPG INDS INC COM		2013-10-29	2014-03-19
	110. PPG INDS INC COM		2013-10-29	2014-03-19
	240. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115		2013-11-07	2014-03-20
	600. CHUBB CORP COM		2011-08-04	2014-03-20
	350. PPG INDS INC COM			2014-03-20
	170. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115		2013-11-07	2014-03-21
	380. CHUBB CORP COM		2011-08-04	2014-03-21
	1440. HALLIBURTON CO			2014-03-31
	1000. NIKE INC CL B		2013-03-13	2014-04-02
	380. GOLDMAN SACHS GROUP INC COM			2014-04-10
	90. GOLDMAN SACHS GROUP INC COM		2013-01-22	2014-04-10
	130. AETNA INC NEW		2013-05-30	2014-04-22
	60. ALLERGAN INC		2007-12-28	2014-04-22
	190. ALTRIA GROUP INC		2013-05-13	2014-04-22
	90. AMERICAN EXPRESS CO		2011-08-04	2014-04-22
	70. AMGEN INC		2014-01-17	2014-04-22
	40. APPLE INC		2013-11-26	2014-04-22
	80. B/E AEROSPACE INC		2013-05-02	2014-04-22
	50. BECTON DICKINSON & CO		2013-03-13	2014-04-22
	60. BOEING CO		2012-07-30	2014-04-22
	110. CBS CORP CLASS B WI		2013-05-17	2014-04-22
	130. CVS CAREMARK CORP		2013-02-21	2014-04-22
	60. CHEVRON CORPORATION		2011-08-04	2014-04-22
	260. CISCO SYS INC COM		2011-11-11	2014-04-22
	180. COCACOLA CO		2011-08-04	2014-04-22
	150. COCA COLA ENTERPRISES		2014-03-06	2014-04-22
	160. COMCAST CORPORATION CL A		2011-10-12	2014-04-22
	90. CONOCOPHILLIPS		2013-08-27	2014-04-22
	280. DELTA AIR LINES INC		2013-07-26	2014-04-22
	160. DISNEY WALT CO		2014-02-20	2014-04-22
	110. DISCOVER FINANCIAL W/I		2012-07-27	2014-04-22
	90. EOG RES INC		2014-03-31	2014-04-22
	70. EXXON MOBIL CORP		2011-08-04	2014-04-22
	360. FIFTH THIRD BANCORP		2012-08-29	2014-04-22
	130. FOOT LOCKER INC		2014-04-02	2014-04-22
	130. FRANKLIN RES INC COM		2013-06-04	2014-04-22
	530. GENERAL ELEC CO COM		2002-08-02	2014-04-22
	10. GOOGLE INC CL A		2013-10-21	2014-04-22
	10. GOOGLE INC-CL C		2013-10-21	2014-04-22
	80. HANESBRANDS INC - W/I		2014-03-14	2014-04-22
	80. HELMERICH & PAYNE INC COM		2013-02-25	2014-04-22
	100. HERSHEY FOODS CORP COM		2011-08-04	2014-04-22
	80. HOME DEPOT INC COM		2012-01-09	2014-04-22
	200. J P MORGAN CHASE & CO COM		2005-03-09	2014-04-22
	120. JOHNSON & JOHNSON COM		2011-08-04	2014-04-22
	70. LAS VEGAS SANDS CORP		2013-10-22	2014-04-22
	130. LINCOLN NATIONAL CORP		2013-12-18	2014-04-22
	40. LOCKHEED MARTIN CORP		2013-11-25	2014-04-22
	90. MAGNA INTERNATIONAL ISIN CA5592224011		2013-12-31	2014-04-22
	70. MANPOWER GROUP INC			2014-04-22
	50. MCKESSON HBOC INC COMMN		2013-12-17	2014-04-22
	80. METHANEX CORP SEDOL 2654416		2013-11-18	2014-04-22
	240. MICROSOFT CORP		2014-03-31	2014-04-22
	270. ORACLE CORP		2013-11-26	2014-04-22
	120. PACKAGING CORP OF AMERICA COM		2014-03-21	2014-04-22
	50. POLARIS INDS INC		2012-05-02	2014-04-22
	120. PROCTER & GAMBLE CO			2014-04-22
	100. QUALCOMM		1999-10-19	2014-04-22
	150. QUANTA SVCS INC		2014-03-21	2014-04-22
	480. REGIONS FINANCIAL CORP		2013-07-02	2014-04-22
	90. ST JUDE MEDICAL INC		2014-02-20	2014-04-22
	130. SCHLUMBERGER LTD COM		2014-03-31	2014-04-22
	70. SHIRE PLC SPONSORED ADR		2013-08-20	2014-04-22
	190. SKYWORKS SOLUTIONS INC COM		2014-03-20	2014-04-22
	140. SUNTRUST BANKS INC COM		2014-02-07	2014-04-22
	30. UNION PAC CORP COM		2011-08-04	2014-04-22
	70. UNITED TECHNOLOGIES CORP COM		2009-07-14	2014-04-22
	150. VERIZON COMMUNICATIONS COM		2013-05-15	2014-04-22
	30. VISA INC CLASS A SHARES		2013-02-08	2014-04-22
	270. WELLS FARGO & CO NEW COM		2002-02-08	2014-04-22
	200. WISCONSIN ENERGY CORP		2011-08-04	2014-04-22
	110. WYNDHAM WORLDWIDE CORP		2014-01-17	2014-04-22
	170. YAHOO! INC COM		2013-07-22	2014-04-22
	50. ZIMMER HOLDINGS INC		2014-03-12	2014-04-22
	170. INVESCO LTD ISIN BMG491BT1088 SEDOL B28XP76		2013-05-09	2014-04-22
	30. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4		2013-08-30	2014-04-22
	60. ACE LIMITED ISIN CH0044328745 SEDOL B3BQMF6		2014-04-10	2014-04-22
	100. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182		2014-01-29	2014-04-22
	130. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7		2013-12-02	2014-04-22
	3990. FIFTH THIRD BANCORP			2014-05-01
	670. HERSHEY FOODS CORP COM		2011-08-04	2014-05-06
	400. HERSHEY FOODS CORP COM		2011-08-04	2014-05-07
	250. ALLERGAN INC		2007-12-28	2014-05-13
	330. JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4		2013-08-30	2014-05-13
	1920. COCACOLA CO		2011-08-04	2014-05-15
	650. CHEVRON CORPORATION		2011-08-04	2014-05-22
	460. METHANEX CORP SEDOL 2654416			2014-06-03
	450. METHANEX CORP SEDOL 2654416		2013-11-19	2014-06-04
	870. B/E AEROSPACE INC			2014-06-05
	80. GOOGLE INC-CL C		2011-08-04	2014-06-05
	50. GOOGLE INC-CL C			2014-06-05
	70. AETNA INC NEW		2013-05-30	2014-06-23
	10. ALLERGAN INC		2007-12-28	2014-06-23
	100. ALTRIA GROUP INC		2013-05-13	2014-06-23
	50. AMERICAN EXPRESS CO		2011-08-04	2014-06-23
	30. AMGEN INC		2014-01-17	2014-06-23
	140. APPLE INC			2014-06-23
	30. BECTON DICKINSON & CO		2013-03-13	2014-06-23
	30. BOEING CO		2012-07-30	2014-06-23
	50. CBS CORP CLASS B WI		2013-05-17	2014-06-23
	70. CVS CAREMARK CORP		2013-02-21	2014-06-23
	180. CISCO SYS INC COM		2014-06-05	2014-06-23
	80. COCA COLA ENTERPRISES		2014-03-06	2014-06-23
	90. COMCAST CORPORATION CL A		2011-10-12	2014-06-23
	60. CONOCOPHILLIPS		2014-05-22	2014-06-23
	50. CONSTELLATION BRANDS INC CL A		2014-05-16	2014-06-23
	60. CROWN HOLDINGS INC		2014-06-09	2014-06-23
	150. DELTA AIR LINES INC		2013-07-26	2014-06-23
	80. DISNEY WALT CO		2014-02-20	2014-06-23
	60. DISCOVER FINANCIAL W/I			2014-06-23
	50. EOG RES INC		2014-04-04	2014-06-23
	30. EASTMAN CHEM CO		2014-06-04	2014-06-23
	30. EXXON MOBIL CORP		2011-08-04	2014-06-23
	70. FOOT LOCKER INC		2014-04-02	2014-06-23
	70. FRANKLIN RES INC COM		2013-06-04	2014-06-23
	280. GENERAL ELEC CO COM		2002-08-02	2014-06-23
	50. GILEAD SCIENCES INC COM		2014-05-13	2014-06-23
	10. GOOGLE INC CL A		2013-10-21	2014-06-23
	40. HANESBRANDS INC - W/I		2014-03-14	2014-06-23
	40. HELMERICH & PAYNE INC COM		2013-02-25	2014-06-23
	40. HOME DEPOT INC COM		2012-01-09	2014-06-23
	110. J P MORGAN CHASE & CO COM		2005-03-09	2014-06-23
	60. JOHNSON & JOHNSON COM		2011-08-04	2014-06-23
	100. KROGER CO		2014-05-06	2014-06-23
	40. LAS VEGAS SANDS CORP		2013-10-22	2014-06-23
	70. LINCOLN NATIONAL CORP			2014-06-23
	20. LOCKHEED MARTIN CORP		2013-11-25	2014-06-23
	50. MAGNA INTERNATIONAL ISIN CA5592224011		2013-12-31	2014-06-23
	40. MANPOWER GROUP INC		2013-12-18	2014-06-23
	30. MCKESSON HBOC INC COMMN			2014-06-23
	130. MICROSOFT CORP		2014-03-31	2014-06-23
	140. ORACLE CORP		2013-11-26	2014-06-23
	70. PACKAGING CORP OF AMERICA COM		2014-03-21	2014-06-23
	30. POLARIS INDS INC		2012-05-02	2014-06-23
	60. PROCTER & GAMBLE CO		2012-11-14	2014-06-23
	60. QUALCOMM		1999-10-19	2014-06-23
	80. QUANTA SVCS INC		2014-03-21	2014-06-23
	250. REGIONS FINANCIAL CORP		2013-07-02	2014-06-23
	50. ST JUDE MEDICAL INC		2014-02-20	2014-06-23
	70. SCHLUMBERGER LTD COM		2014-03-31	2014-06-23
	40. SHIRE PLC SPONSORED ADR		2013-08-20	2014-06-23
	100. SKYWORKS SOLUTIONS INC COM		2014-03-20	2014-06-23
	120. SOUTHWEST AIRLINES COM		2014-06-05	2014-06-23
	70. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2		2014-05-22	2014-06-23
	70. SUNTRUST BANKS INC COM		2014-02-07	2014-06-23
	40. THE TRAVELERS COS INC		2014-05-01	2014-06-23
	30. UNION PAC CORP COM		2011-08-04	2014-06-23
	40. UNITED TECHNOLOGIES CORP COM		2009-07-14	2014-06-23
	80. VERIZON COMMUNICATIONS COM		2013-05-15	2014-06-23
	10. VISA INC CLASS A SHARES		2013-02-08	2014-06-23
	140. WELLS FARGO & CO NEW COM		2002-02-08	2014-06-23
	100. WISCONSIN ENERGY CORP		2011-08-04	2014-06-23
	60. WYNDHAM WORLDWIDE CORP		2014-01-17	2014-06-23
	90. YAHOO! INC COM		2013-07-22	2014-06-23
	30. ZIMMER HOLDINGS INC		2014-03-12	2014-06-23
	90. INVESCO LTD ISIN BMG491BT1088 SEDOL B28XP76		2013-05-09	2014-06-23
	30. ACE LIMITED ISIN CH0044328745 SEDOL B3BQMF6		2014-04-10	2014-06-23
	50. TE CONNECTIVITY LTD SEDOL B62B7C3 ISIN CH0102993182		2014-01-29	2014-06-23
	70. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7			2014-06-23
	570. YAHOO! INC COM		2013-07-22	2014-06-25
	670. YAHOO! INC COM		2013-07-22	2014-06-25
	520. YAHOO! INC COM		2013-07-22	2014-06-25
	210. SHIRE PLC SPONSORED ADR		2011-08-04	2014-07-11
	130. SHIRE PLC SPONSORED ADR			2014-07-11
	410. SHIRE PLC SPONSORED ADR			2014-07-18
	350. ALLERGAN INC		2007-12-28	2014-07-22
	1300. FRANKLIN RES INC COM		2013-06-04	2014-08-05
	570. ZIMMER HOLDINGS INC		2014-03-12	2014-08-07
	750. LAS VEGAS SANDS CORP		2013-10-22	2014-08-12
	860. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2		2014-05-22	2014-08-12
	433. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2		2014-05-22	2014-08-13
	177. SUNCOR ENERGY INC ISIN CA8672241079 SEDOL B3NB1P2		2014-05-22	2014-08-13
	100. HELMERICH & PAYNE INC COM		2013-02-25	2014-08-28
	30. HELMERICH & PAYNE INC COM		2013-02-25	2014-08-28
	867. MICROSOFT CORP			2014-08-28
	180. MICROSOFT CORP		2001-01-18	2014-08-28
	123. MICROSOFT CORP		2014-02-07	2014-08-28
	1310. DELTA AIR LINES INC			2014-09-11
	690. UNITED TECHNOLOGIES CORP COM		2009-07-14	2014-09-11
	1. PHARMACIA CORPORATION MERGED 04/16/2003 SEE XXX-XX-XXXX		2001-01-01	2014-09-12
	27. SUNTRUST BANKS INC COM		2014-02-07	2014-09-12
	566. SUNTRUST BANKS INC COM		2014-02-07	2014-09-12
	402. SUNTRUST BANKS INC COM			2014-09-12
	89. SUNTRUST BANKS INC COM		2014-02-10	2014-09-15
	90. SUNTRUST BANKS INC COM		2014-02-10	2014-09-15
	246. SUNTRUST BANKS INC COM		2014-02-10	2014-09-15
	10. CROWN HOLDINGS INC		2014-06-09	2014-09-19
	240. CROWN HOLDINGS INC		2014-06-09	2014-09-19
	980. CROWN HOLDINGS INC			2014-09-22
	219. CBS CORP CLASS B WI			2014-09-25
	901. CBS CORP CLASS B WI			2014-09-25
	1030. ORACLE CORP			2014-09-30
	700. ORACLE CORP		1997-09-17	2014-09-30
	1070. ORACLE CORP		1997-09-17	2014-09-30
	580. COCA COLA ENTERPRISES			2014-10-13
	310. EOG RES INC		2013-07-25	2014-10-13
	40. EOG RES INC		2014-04-04	2014-10-13
	290. MANPOWER GROUP INC			2014-10-13
	960. COCA COLA ENTERPRISES		2014-03-05	2014-10-14
	680. MANPOWER GROUP INC			2014-10-14
	200000. FEDERAL NATL MTG ASSN NTS		2006-01-10	2014-10-15
	740. HELMERICH & PAYNE INC COM			2014-11-17
	1513. QUANTA SVCS INC			2014-12-12
	37. QUANTA SVCS INC		2014-03-20	2014-12-12
	8790.392 PNC SMALL CAP FUND CLASS I			2014-12-23
	683.791 PNC SMALL CAP FUND CLASS I			2014-12-23
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	68,420	72,641	-4,221
b	29,703	32,961	-3,258
c	63,791	69,268	-5,477
d	714		714
e	9,750	15,228	-5,478
	28,249	44,121	-15,872
	68,913	39,864	29,049
	4,647	4,272	375
	6,937	4,890	2,047
	5,351	4,672	679
	4,855	5,718	-863
	6,164	6,003	161
	8,035	5,307	2,728
	6,924	3,288	3,636
	5,496	3,846	1,650
	651,616	681,978	-30,362
	4,384	4,537	-153
	44,406	33,636	10,770
	55,680	40,541	15,139
	70,696	70,272	424
	47,714	24,584	23,130
	37,951	65,362	-27,411
	45,863	43,999	1,864
	1,555	1,392	163
	59,945	54,110	5,835
	28,047	22,532	5,515
	14		14
	40,805	34,279	6,526
	19,730	18,419	1,311
	21,475	20,260	1,215
	36,310	34,942	1,368
	51,371	36,675	14,696
	68,159	63,572	4,587
	25,687	24,751	936
	32,701	23,227	9,474
	84,790	60,614	24,176
	74,583	54,645	19,938
	59,494	55,824	3,670
	14,091	13,134	957
	8,955	8,133	822
	9,860	3,908	5,952
	7,321	7,027	294
	7,865	4,239	3,626
	8,363	8,336	27
	21,192	21,398	-206
	6,852	5,078	1,774
	5,722	4,536	1,186
	7,734	4,483	3,251
	6,580	5,619	961
	9,563	6,743	2,820
	7,443	5,879	1,564
	6,126	4,957	1,169
	7,315	6,007	1,308
	6,753	7,161	-408
	8,216	3,790	4,426
	6,677	5,966	711
	9,797	6,077	3,720
	12,749	12,671	78
	6,253	3,950	2,303
	9,225	8,826	399
	7,046	5,233	1,813
	7,477	5,443	2,034
	5,955	6,245	-290
	7,024	6,679	345
	14,156	15,950	-1,794
	5,451	5,008	443
	5,341	5,021	320
	6,093	5,974	119
	9,061	5,162	3,899
	9,992	5,576	4,416
	6,399	3,456	2,943
	11,184	7,288	3,896
	12,083	7,511	4,572
	5,573	5,081	492
	6,322	6,574	-252
	6,367	5,669	698
	9,059	7,383	1,676
	5,493	5,863	-370
	8,617	7,923	694
	5,037	5,186	-149
	9,593	9,924	-331
	10,924	9,471	1,453
	8,208	8,655	-447
	6,960	4,133	2,827
	9,778	8,170	1,608
	8,111	2,566	5,545
	5,445	5,544	-99
	5,016	4,746	270
	5,677	6,105	-428
	13,264	12,696	568
	11,188	7,995	3,193
	7,138	7,426	-288
	5,474	5,322	152
	5,808	2,847	2,961
	8,398	3,615	4,783
	7,230	8,021	-791
	6,312	4,727	1,585
	13,342	5,919	7,423
	9,476	5,917	3,559
	8,049	8,182	-133
	6,207	4,759	1,448
	4,592	4,847	-255
	6,073	5,611	462
	4,362	2,632	1,730
	6,057	5,950	107
	6,148	5,686	462
	7,867	5,568	2,299
	81,314	56,804	24,510
	64,356	37,362	26,994
	38,654	22,305	16,349
	40,391	16,284	24,107
	42,784	28,953	13,831
	77,983	64,077	13,906
	80,453	63,685	16,768
	26,436	29,729	-3,293
	25,717	28,809	-3,092
	85,745	54,915	30,830
	44,306	23,489	20,817
	27,691	22,812	4,879
	5,734	4,379	1,355
	1,645	651	994
	4,262	3,698	564
	4,772	2,355	2,417
	3,568	3,573	-5
	12,710	10,570	2,140
	3,553	2,722	831
	3,926	2,242	1,684
	2,950	2,554	396
	5,333	3,631	1,702
	4,437	4,443	-6
	3,799	3,819	-20
	4,719	2,132	2,587
	5,158	4,717	441
	4,402	4,109	293
	2,990	3,032	-42
	5,851	3,256	2,595
	6,620	6,335	285
	3,731	2,151	1,580
	5,857	4,903	954
	2,624	2,706	-82
	3,126	2,243	883
	3,493	3,363	130
	4,057	3,596	461
	7,471	8,426	-955
	4,037	4,021	16
	5,728	5,008	720
	3,527	2,987	540
	4,624	2,581	2,043
	3,227	1,728	1,499
	6,400	4,008	2,392
	6,275	3,755	2,520
	4,934	4,642	292
	3,003	2,904	99
	3,644	3,534	110
	3,278	2,835	443
	5,403	4,101	1,302
	3,338	3,344	-6
	5,584	4,720	864
	5,445	5,375	70
	5,745	4,911	834
	4,979	5,049	-70
	3,900	2,480	1,420
	4,772	3,992	780
	4,767	1,539	3,228
	2,766	2,957	-191
	2,670	2,472	198
	3,461	3,392	69
	7,614	6,836	778
	9,067	4,568	4,499
	4,791	3,908	883
	3,224	3,279	-55
	3,017	2,733	284
	2,827	2,661	166
	3,792	3,630	162
	3,023	1,423	1,600
	4,683	2,066	2,617
	3,974	4,278	-304
	2,093	1,576	517
	7,417	3,069	4,348
	4,525	2,958	1,567
	4,488	4,463	25
	3,025	2,520	505
	3,150	2,908	242
	3,378	2,971	407
	3,148	2,975	173
	3,093	2,843	250
	4,619	2,996	1,623
	18,937	15,958	2,979
	22,205	18,758	3,447
	17,286	14,558	2,728
	52,136	19,816	32,320
	32,275	14,786	17,489
	105,543	36,543	69,000
	59,902	22,798	37,104
	69,258	66,789	2,469
	54,393	55,258	-865
	50,894	54,442	-3,548
	33,449	33,571	-122
	16,730	16,903	-173
	6,839	6,909	-70
	10,317	6,453	3,864
	3,095	1,936	1,159
	38,831	33,756	5,075
	8,064	4,832	3,232
	5,510	4,497	1,013
	51,804	28,244	23,560
	74,847	35,634	39,213
	187		187
	1,055	1,026	29
	22,139	21,516	623
	15,748	15,199	549
	3,485	3,364	121
	3,514	3,402	112
	9,629	9,298	331
	470	505	-35
	11,184	12,126	-942
	45,125	49,014	-3,889
	11,844	11,128	716
	48,676	45,257	3,419
	39,396	35,027	4,369
	26,774	4,266	22,508
	40,980	6,520	34,460
	23,719	27,562	-3,843
	26,575	22,752	3,823
	3,429	3,923	-494
	17,802	23,843	-6,041
	38,507	45,509	-7,002
	41,168	54,339	-13,171
	200,000	197,872	2,128
	57,726	47,569	10,157
	40,619	55,588	-14,969
	1,003	1,346	-343
	185,565	118,190	67,375
	14,435	14,339	96
			26,501

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			-4,221
b			-3,258
c			-5,477
d			714
e			-5,478
			-15,872
			29,049
			375
			2,047
			679
			-863
			161
			2,728
			3,636
			1,650
			-30,362
			-153
			10,770
			15,139
			424
			23,130
			-27,411
			1,864
			163
			5,835
			5,515
			14
			6,526
			1,311
			1,215
			1,368
			14,696
			4,587
			936
			9,474
			24,176
			19,938
			3,670
			957
			822
			5,952
			294
			3,626
			27
			-206
			1,774
			1,186
			3,251
			961
			2,820
			1,564
			1,169
			1,308
			-408
			4,426
			711
			3,720
			78
			2,303
			399
			1,813
			2,034
			-290
			345
			-1,794
			443
			320
			119
			3,899
			4,416
			2,943
			3,896
			4,572
			492
			-252
			698
			1,676
			-370
			694
			-149
			-331
			1,453
			-447
			2,827
			1,608
			5,545
			-99
			270
			-428
			568
			3,193
			-288
			152
			2,961
			4,783
			-791
			1,585
			7,423
			3,559
			-133
			1,448
			-255
			462
			1,730
			107
			462
			2,299
			24,510
			26,994
			16,349
			24,107
			13,831
			13,906
			16,768
			-3,293
			-3,092
			30,830
			20,817
			4,879
			1,355
			994
			564
			2,417
			-5
			2,140
			831
			1,684
			396
			1,702
			-6
			-20
			2,587
			441
			293
			-42
			2,595
			285
			1,580
			954
			-82
			883
			130
			461
			-955
			16
			720
			540
			2,043
			1,499
			2,392
			2,520
			292
			99
			110
			443
			1,302
			-6
			864
			70
			834
			-70
			1,420
			780
			3,228
			-191
			198
			69
			778
			4,499
			883
			-55
			284
			166
			162
			1,600
			2,617
			-304
			517
			4,348
			1,567
			25
			505
			242
			407
			173
			250
			1,623
			2,979
			3,447
			2,728
			32,320
			17,489
			69,000
			37,104
			2,469
			-865
			-3,548
			-122
			-173
			-70
			3,864
			1,159
			5,075
			3,232
			1,013
			23,560
			39,213
			187
			29
			623
			549
			121
			112
			331
			-35
			-942
			-3,889
			716
			3,419
			4,369
			22,508
			34,460
			-3,843
			3,823
			-494
			-6,041
			-7,002
			-13,171
			2,128
			10,157
			-14,969
			-343
			67,375
			96

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	814,493
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 . . . . . . . . . . . . . . . .		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? Yes No

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	1,091,193	13,109,815	0.083235
2012	1,075,640	12,803,028	0.084015
2011	1,114,207	13,087,147	0.085138
2010	1,109,669	12,829,551	0.086493
2009	1,088,758	12,258,984	0.088813

2	Total of line 1, column (d) ......................	2	0.427694
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	0.085539
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	13,551,728
5	Multiply line 4 by line 3.......................	5	1,159,201
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	10,812
7	Add lines 5 and 6.........................	7	1,170,013
8	Enter qualifying distributions from Part XII, line 4..............	8	1,063,573
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)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	21,624
	hereand 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	21,624
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	21,624
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	21,910
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	21,910
8	Enter any penalty for underpayment of estimated tax. Check hereif 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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	286
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax286	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

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.............................

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

PNC BANK NA Telephone no. bullet

(412) 762-5188

Located at bullet

620 LIBERTY AVENUEPITTSBURGHPA ZIP+4 bullet

15222

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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)

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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)? ........

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?.............

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)):

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?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?........................YesNo

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.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)..................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.......................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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
PNC BANK NA	TRUSTEE 19	92,725
PO BOX 94651 CLEVELAND,OH441014651	TRUSTEE 19	92,725

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...................				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............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1	ISSUED SCHOLARSHIPS TO 31 STUDENTS FOR STUDY AT VARIOUS INST	213,900
2


3


4

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.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

13,758,099

Average of monthly cash balances.......................

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

13,758,099

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

13,758,099

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

206,371

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

13,551,728

Minimum investment return. Enter 5% of line 5..................

677,586

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

677,586

Tax on investment income for 2014 from Part VI, line 5......

21,624

Income tax for 2014. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

21,624

Distributable amount before adjustments. Subtract line 2c from line 1............

655,962

Recoveries of amounts treated as qualifying distributions................

27,879

Add lines 3 and 4............................

683,841

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

683,841

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

1,063,573

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

1,063,573

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).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

1,063,573

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)

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					683,841
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2014:
a From 2009.......	467,594
b From 2010.......	470,698
c From 2011.......	483,704
d From 2012.......	450,757
e From 2013.......	438,425
fTotal of lines 3a through e.........		2,311,178
4Qualifying distributions for 2014 from Part
XII, line 4: $ 1,063,573
a Applied to 2013, but not more than line 2a					0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions).........		0
d Applied to 2014 distributable amount.....					683,841
e Remaining amount distributed out of corpus		379,732
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		2,690,910
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2013. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2014. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...		467,594
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......		2,223,316
10 Analysis of line 9:
a Excess from 2010....	470,698
b Excess from 2011....	483,704
c Excess from 2012....	450,757
d Excess from 2013....	438,425
e Excess from 2014....	379,732

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ...........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

KEVIN MCMANAMON
1900 E NINTH ST B7-YB13-13-2
CLEVELAND,OH44114
(216) 222-5853

bThe form in which applications should be submitted and information and materials they should include:

APPLICATION AVAILABLE UPON REQUEST

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

N/A

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
MEDICARE REIMB FOR THE RELIEF OF THE POOR DISTRESSED OR UNDERPRIVILEGED PNC BANK PO BOX 94651 CLEVELAND,OH44101	NONE	NC	MEDICARE REIMBURSEMENT FOR	437,664
ASSISTANCE TO THE POOR DISTRESSED OR UNDERPRIVILEGED PER GOV DOCUMENT PNC BANK PO BOX 94651 CLEVELAND,OH44101	NONE	NC	SUPPORT FOR NEED AND	317,243
APPALACHIAN STATE UNIVERSITY 287 RIVERS STREET BOONE,NC28608	NONE	PC	SCHOLARSHIP	6,400
BROCK UNIVERSITY 500 GLENRIDGE AVENUE ST CATHARINES,ONTARIO CA	NONE	PC	SCHOLARSHIP	6,000
CALIFORNIA UNIVERSITY OF PENNSYLVANIA 250 UNIVERSITY AVENUE CALIFORNIA,PA15419	NONE	PC	GENERAL SUPPORT	8,000
CAROLINAS COLLEGE OF HEALTH SCIENCES 1200 BLYTHE BLVD CHARLOTTE,NC28203	NONE	PC	SCHOLARSHIP	3,000
CASE WESTERN RESERVE UNIVERSITY 10900 EUCLID AVE CLEVELAND,OH44106	NONE	PC	SCHOLARSHIP	8,000
CENTRAL MICHIGAN UNIVERSITY 1200 S FRANKLIN STREET MT PLEASANT,MI48859	NONE	PC	SCHOLARSHIPS	14,000
CITADEL MILITARY COLLEGE OF SC 171 MOULTRIE ST CHARLESTOWN,SC29409	NONE	PC	SCHOLARSHIP	8,000
CLEMSON UNIVERSITY CLEMSON UNIVERSITY CLEMSON,SC29634	NONE	PC	SCHOLARSHIP	8,000
CLEVELAND STATE UNIVERSITY 2121 EUCLID AVENUE CLEVELAND,OH44115	NONE	PC	SCHOLARSHIP	16,000
COLLEGE OF CHARLESTON 66 GEORGE STREET CHARLESTON,SC29424	NONE	PC	SCHOLARSHIP	8,000
GASTON COLLEGE 201 HIGHWAY USE 321 S DALLAS,NC28034	NONE	PC	SCHOLARSHIP	2,300
GROVE CITY COLLEGE 100 CAMPUS DRIVE GROVE CITY,PA16127	NONE	PC	SCHOLARSHIP	8,000
JOHN CARROLL UNIVERSITY 1 JOHN CARROLL BLVD UNIVERSITY HEIGHTS,OH44118	NONE	PC	SCHOLARSHIP	8,000
KENT STATE UNIVERSITY 800 E SUMMIT STREET KENT,OH44240	NONE	PC	SCHOLARSHIPS	16,000
LAKELAND COMMUNITY COLLEGE 7700 CLOCKTOWER DRIVE KIRTLAND,OH44094	NONE	PC	SCHOLARSHIP	4,200
MEDAILLE COLLEGE 18 AGASSIZ CIR BUFFALO,NY14214	NONE	PC	SCHOLARSHIP	8,000
MICHIGAN STATE UNIVERSITY 220 TROWBRIDGE ROAD EAST LANSING,MI48824	NONE	PC	SCHOLARSHIP	8,000
NORTH CAROLINA STATE UNIVERSITY NORTH CAROLINA STATE UNIVERSITY RALEIGH,NC27607	NONE	PC	SCHOLARSHIP	8,000
ROWAN CABARRUS COMMUNITY COLLEGE 1333 JAKE ALEXANDER BLVD S SALISBURY,NC28146	NONE	PC	SCHOLARSHIP	2,300
UNIVERSITY OF MICHIGAN 500 S STATE STREET ANN ARBOR,MI48109	NONE	PC	SCHOLARSHIP	8,000
UNIVERSITY OF AKRON 302 E BUCHTEL AVE AKRON,OH44325	NONE	PC	SCHOLARSHIP	8,000
UNIVERSITY OF GUELPH 50 STATE RD E GUELPH,ONTARION1G 2W1 CA	NONE	PC	SCHOLARSHIP	6,900
UNIVERSITY OF HOUSTON 4800 CALHOUN RD HOUSTON,TX77004	NONE	PC	SCHOLARSHIP	8,000
UNIVERSITY OF SOUTH CAROLINA UNIVERSITY OF SOUTH CAROLINA COLUMBIA,SC29208	NONE	PC	SCHOLARSHIPS	24,000
YALE UNIVERSITY YALE UNIVERSITY NEW HAVEN,CT06520	NONE	PC	SCHOLARSHIP	4,000
YORK TECHNICAL COLLEGE 452 S ANDERSON ROAD ROCK HILL,SC29730	NONE	PC	SCHOLARSHIP	4,800
Total ................................. 3a				968,807

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
aRECOVERY OF GRANTS					27,943
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	313,688
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	814,493
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)..				1,128,181	27,943

13Total. Add line 12, columns (b), (d), and (e)..................

131,156,124

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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.)
1A	RECOVERY OF PRIOR YEAR GRANTS PAID

Form 990-PF (2014)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2014 ExplnOfNonFilingWithAGStmt

Name:

PROCTOR PATTERSON FOUNDATION

EIN: 30-6081504

Statement:

THIS TRUST DOES NOT PROVIDE A COPY OF FORM 990-PF TO THE OHIO ATTORNEY GENERAL BECAUSE, IN LIEU THEREOF, IT IS REQUIRED TO FILE AN ON-LINE ANNUAL REPORT WITH THE OHIO ATTORNEY GENERAL'S OFFICE AT www .ohioattorneygeneral.gov

- TIN:

TY 2014 InvestmentsOtherSchedule2

Name:

PROCTOR PATTERSON FOUNDATION

EIN: 30-6081504

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MUTUAL FUNDS - FIXED INCOME	AT COST	3,072,625	3,021,871
MUTUAL FUNDS - EQUITIES	AT COST	1,586,655	2,357,230

- TIN:

TY 2014 OtherDecreasesSchedule

Name:

PROCTOR PATTERSON FOUNDATION

EIN: 30-6081504

Description	Amount

- TIN:

TY 2014 OtherExpensesSchedule

Name:

PROCTOR PATTERSON FOUNDATION

EIN: 30-6081504

Description	Revenue and Expenses per Books	Disbursements for Charitable Purposes
OTHER NON-ALLOCABLE EXPENSE -	35,454	35,454
STATE FILING FEES	200	200
GRANTMAKING FEES	12,750	12,750
MISCELLANEOUS FEES	1	0

- TIN:

TY 2014 OtherIncomeSchedule2

Name:

PROCTOR PATTERSON FOUNDATION

EIN: 30-6081504

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
RECOVERY OF GRANTS	27,943	0

- TIN:

TY 2014 TaxesSchedule

Name:

PROCTOR PATTERSON FOUNDATION

EIN: 30-6081504

Category	Amount	Net Investment Income
FOREIGN TAXES	597	597
FEDERAL TAX PAYMENT - PRIOR YE	7,954	0
FEDERAL ESTIMATES - PRINCIPAL	21,910	0