Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
HAMER D & PHYLLIS C SHAFER FOUNDATION
CHARITABLE TRUST

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 548   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MUNCIE, IN473080548
A Employer identification number

35-1997098
B Telephone number (see instructions)

(765) 284-7721
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$9,383,636J 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).............. 1,363,778
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 8 8  
4 Dividends and interest from securities...... 150,733 150,733  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 369,153
b Gross sales price for all assets on line 6a 4,645,163
7 Capital gain net income (from Part IV, line 2)... 540,914
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,883,672 691,655  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 1,014 507   507
b Accounting fees (attach schedule)....... Click to see attachment 16,640 14,976   1,664
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 13,547 497   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 23,180 23,180   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 54,381 39,160   2,171
25 Contributions, gifts, grants paid........ 389,265 389,265
26 Total expenses and disbursements. Add lines 24 and 25 443,646 39,160   391,436
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,440,026
b Net investment income (if negative, enter -0-) 652,495
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 20,042 11,196 11,196
2 Savings and temporary cash investments.......... 881,019 370,053 370,053
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 60,350 Click to see attachment586,197 591,741
b Investments—corporate stock (attach schedule)........ 1,734,745 Click to see attachment2,901,118 3,326,367
c Investments—corporate bonds (attach schedule)........ 1,638,838 Click to see attachment1,868,121 1,897,573
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 2,935,516 Click to see attachment2,956,236 3,173,391
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment12,665 Click to see attachment13,315
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,270,510 8,705,586 9,383,636
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment6,831 Click to see attachment1,881
23 Total liabilities (add lines 17 through 22).......... 6,831 1,881
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......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 7,263,679 8,703,705
30 Total net assets or fund balances (see instructions)...... 7,263,679 8,703,705
31 Total liabilities and net assets/fund balances (see instructions).. 7,270,510 8,705,586
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 7,263,679
2 Enter amount from Part I, line 27a..................... 2 1,440,026
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 8,703,705
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 8,703,705
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 3M COMPANY COM - 75 SHS   2012-12-04 2014-08-21
b 3M COMPANY COM - 39 SHS   2012-12-04 2014-12-16
c ABBOTT LABS COM - 130 SHS   2012-12-04 2014-06-23
d ABBOTT LABS COM - 195 SHS   2012-12-04 2014-08-21
e ABBOTT LABS COM - 30 SHS   2012-12-04 2014-09-24
ABBVIE INC COM - 260 SHS   2013-07-02 2014-01-27
ABBVIE INC COM - 630 SHS   2012-12-04 2014-01-27
ACCENTURE PLC ADR - 100 SHS   2013-07-02 2014-08-21
ACCENTURE PLC ADR - 15 SHS   2013-07-02 2014-12-15
ACCENTURE PLC ADR - 20 SHS   2012-09-12 2014-12-15
ALLIANT CORP COM - 60 SHS   2013-10-24 2014-06-23
ALLIANT CORP COM - 230 SHS   2014-05-07 2014-08-21
ALLIANT CORP COM - 240 SHS   2013-10-24 2014-08-21
AMERIPRISE FINANCIAL COM - 105 SHS   2013-07-02 2014-08-21
AMERIPRISE FINANCIAL COM - 29 SHS   2013-07-02 2014-12-12
AMERISOURCE-BERGEN CORP COM - 85 SHS   2013-03-12 2014-12-15
AMPHENOL CORPORATION COM - 301 SHS   2014-05-07 2014-05-30
AMPHENOL CORPORATION COM - 52 SHS   2014-08-21 2014-12-15
APACHE CORP COM - 10 SHS   2013-12-17 2014-05-05
ARTISAN MIDCAP VALUE - 5460.502 SHS   2012-12-04 2014-05-30
ARTISAN MIDCAP VALUE - 1520.755 SHS   2014-03-05 2014-04-10
ARTISAN MIDCAP VALUE - 5585.997 SHS   2014-06-23 2014-08-21
ARTISAN MIDCAP VALUE - 2141.765 SHS   2014-08-19 2014-09-24
ARTISAN MIDCAP VALUE - 484.809 SHS   2013-12-23 2014-09-24
ARTISAN MIDCAP VALUE - 282.995 SHS   2012-12-04 2014-04-10
ARTISAN MIDCAP VALUE - 1439.652 SHS   2012-12-04 2014-05-07
ARTISAN MIDCAP VALUE - 1343.871 SHS   2012-12-04 2014-06-02
ARTISAN MIDCAP VALUE - 2218.189 SHS   2012-12-04 2014-08-21
ARTISAN MIDCAP VALUE - 6691.634 SHS   2012-12-04 2014-09-24
ARTISAN MIDCAP VALUE - 1127.715 SHS   2013-01-07 2014-09-24
AT&T 0.875% DUE 02/13/15   2013-02-04 2014-06-23
AT&T 2.500% DUE 08/15/15   2011-01-03 2014-07-15
AT&T INC COM - 745 SHS   2013-10-24 2014-01-10
AT&T INC COM - 15 SHS   2013-12-20 2014-01-10
AUTOMATIC DATA PROCESSING - 35 SHS   2013-07-02 2014-08-21
AUTOMATIC DATA PROCESSING - 105 SHS   2008-12-26 2014-08-21
AUTOMATIC DATA PROCESSING - 15 SHS   2008-12-26 2014-12-15
BAKER HUGHES INC COM - 45 SHS   2012-12-04 2014-05-07
BAKER HUGHES INC COM - 85 SHS   2012-12-04 2014-08-21
BAXTER INTERNATIONAL INC - 20 SHS   2013-12-17 2014-05-05
BAXTER INTERNATIONAL INC - 659 SHS   2012-12-04 2014-05-05
BB & T CORPORATION COM - 185 SHS   2014-05-07 2014-08-21
BB & T CORPORATION COM - 10 SHS   2014-05-07 2014-12-16
BB & T CORPORATION COM - 26 SHS   2013-05-13 2014-12-16
BECTON DICKINSON & CO COM - 45 SHS   2012-09-12 2014-06-23
BECTON DICKINSON & CO COM - 45 SHS   2012-09-12 2014-08-21
BECTON DICKINSON & CO COM - 51 SHS   2012-09-12 2014-12-15
BED BATH & BEYOND COM - 160 SHS   2012-12-04 2014-08-21
BED BATH & BEYOND COM - 91 SHS   2012-12-04 2014-12-12
BROWN & BROWN INC COM - 375 SHS   2014-05-07 2014-08-21
BUCKLE INC COM - 30 SHS   2013-12-17 2014-02-18
BUCKLE INC COM - 115 SHS   2013-10-24 2014-02-18
BUCKLE INC COM - 710 SHS   2012-09-12 2014-02-18
BUCKLE INC COM - 50 SHS   2013-01-16 2014-02-18
CALIFORNIA RESOURCES CORP - 40 SHS   2014-05-07 2014-12-09
CALIFORNIA RESOURCES CORP - 130 SHS   2013-12-20 2014-12-09
CALIFORNIA RESOURCES CORP - 16 SHS   2013-07-02 2014-12-09
CALIFORNIA RESOURCES CORP - 8 SHS   2013-07-30 2014-12-09
CDK GLOBAL INC COM - 63.333 SHS   2009-03-25 2014-10-21
CDK GLOBAL INC COM - 43.333 SHS   2014-05-07 2014-10-21
CDK GLOBAL INC COM - 71.333 SHS   2008-12-26 2014-10-21
CDK GLOBAL INC COM - 26.667 SHS   2012-09-12 2014-10-21
CHEVRON CORP COM - 75 SHS   2014-05-07 2014-05-30
CHEVRON CORP COM - 190 SHS   2013-12-19 2014-05-30
CHUBB CORP COM - 70 SHS   2014-05-07 2014-08-21
CHUBB CORP COM - 63 SHS   2012-12-04 2014-12-16
CISCO SYSTEMS COM - 225 SHS   2014-06-23 2014-08-21
CISCO SYSTEMS COM - 198 SHS   2014-06-23 2014-12-12
CONSUMER STAPLES SECTOR - 1035 SHS   2013-12-20 2014-05-05
COVIDIEN ADR - 150 SHS   2014-05-07 2014-06-23
COVIDIEN ADR - 90 SHS   2013-01-16 2014-08-21
COVIDIEN ADR - 58 SHS   2013-01-16 2014-12-12
DEERE & CO COM - 540 SHS   2013-12-20 2014-05-05
DISNEY WALT COMPANY COM - 32 SHS   2012-12-04 2014-12-12
DODGE & COX INTERNATIONAL - 1029.254 SHS   2014-05-08 2014-06-02
DODGE & COX INTERNATIONAL - 30.664 SHS   2014-06-23 2014-08-15
DODGE & COX INTERNATIONAL - 11.576 SHS   2014-05-08 2014-08-15
DODGE & COX INTERNATIONAL - 321.943 SHS   2014-05-08 2014-11-25
DONALDSON INC COM - 175 SHS   2014-05-07 2014-08-21
DONALDSON INC COM - 130 SHS   2014-05-07 2014-12-12
DONALDSON INC COM - 1105 SHS   2013-02-28 2014-12-12
EMERSON ELEC CO COM - 200 SHS   2014-05-07 2014-05-30
EMERSON ELEC CO COM - 190 SHS   2013-07-02 2014-05-30
EOG RESOURCES INC COM - 580 SHS   2014-05-07 2014-06-23
FEDERATED SH-INTERM TOTAL - 1596.429 SHS   2014-05-08 2014-05-14
FLIR CORPORATION COM - 175 SHS   2012-12-04 2014-08-21
FRANKLIN RES INC COM - 845 SHS   2013-07-02 2014-05-05
GENUINE PARTS CO COM - 110 SHS   2014-05-07 2014-08-21
GENUINE PARTS CO COM - 89 SHS   2014-05-07 2014-12-16
GUGGENHEIM EQ WGHT S&P500 - 37 SHS   2014-08-18 2014-12-15
HARRIS CORP DEL COM - 55 SHS   2014-05-07 2014-08-21
HARRIS CORP DEL COM - 15 SHS   2013-05-13 2014-08-21
HARRIS CORP DEL COM - 10 SHS   2013-05-13 2014-12-16
HCC INSURANCE HLDGS COM - 215 SHS   2012-12-04 2014-08-21
HCC INSURANCE HLDGS COM - 74 SHS   2012-12-04 2014-12-15
HIBBETT SPORTS INC COM - 50 SHS   2013-12-17 2014-06-23
HIBBETT SPORTS INC COM - 675 SHS   2013-12-17 2014-10-07
HIBBETT SPORTS INC COM - 355 SHS   2014-05-07 2014-10-07
HIBBETT SPORTS INC COM - 25 SHS   2014-08-21 2014-10-07
HIBBETT SPORTS INC COM - 70 SHS   2014-09-24 2014-10-07
HONEYWELL INTL INC COM - 110 SHS   2013-05-20 2014-08-21
HONEYWELL INTL INC COM - 24 SHS   2013-05-20 2014-12-12
HORMEL FOODS CORP COM - 160 SHS   2012-12-04 2014-08-21
HORMEL FOODS CORP COM - 55 SHS   2012-12-04 2014-09-24
HORMEL FOODS CORP COM - 27 SHS   2012-12-04 2014-12-15
JACK HENRY & ASSOCIATES COM - 30 SHS   2013-07-02 2014-08-21
JACK HENRY & ASSOCIATES COM - 120 SHS   2009-03-25 2014-08-21
JACK HENRY & ASSOCIATES COM - 61 SHS   2009-03-25 2014-12-15
JOHN DEERE CAPITAL   2013-02-04 2014-12-02
JOHNSON & JOHNSON COM - 55 SHS   2014-05-07 2014-06-23
JOHNSON & JOHNSON COM - 40 SHS   2014-05-07 2014-08-21
JOHNSON & JOHNSON COM - 30 SHS   2014-05-07 2014-09-24
LOWE'S COMPANIES INC COM - 1230 SHS   2014-05-07 2014-05-30
MATERIALS SECTOR ETF SPDR - 65 SHS   2013-05-20 2014-05-30
MATERIALS SECTOR ETF SPDR - 90 SHS   2013-05-20 2014-05-30
MATERIALS SECTOR ETF SPDR - 150 SHS   2013-05-20 2014-08-21
MATTEL INC COM - 1385 SHS   2014-06-05 2014-10-07
MATTEL INC COM - 40 SHS   2014-09-24 2014-10-07
MDU RES GROUP INC COM - 190 SHS   2014-05-07 2014-08-21
MDU RES GROUP INC COM - 85 SHS   2014-05-07 2014-08-21
MDU RES GROUP INC COM - 70 SHS   2012-12-04 2014-05-30
MDU RES GROUP INC COM - 199 SHS   2012-12-04 2014-05-30
MDU RES GROUP INC COM - 190 SHS   2012-12-04 2014-08-21
MDU RES GROUP INC COM - 70 SHS   2013-12-03 2014-12-09
MDU RES GROUP INC COM - 866 SHS   2012-12-04 2014-12-09
MFS NEW DISCOVERY INTL - 131.28 SHS   2014-03-05 2014-04-10
MFS NEW DISCOVERY INTL - 22.461 SHS   2013-12-23 2014-04-10
MFS NEW DISCOVERY INTL - 1519.637 SHS   2014-05-08 2014-06-02
MFS NEW DISCOVERY INTL - 45.992 SHS   2014-06-23 2014-08-15
MFS NEW DISCOVERY INTL - 551.134 SHS   2014-05-08 2014-10-07
MFS NEW DISCOVERY INTL - 44.898 SHS   2014-09-24 2014-10-07
MFS NEW DISCOVERY INTL - 4.005 SHS   2013-12-23 2014-10-07
MFS NEW DISCOVERY INTL - 5.87 SHS   2011-10-11 2014-04-10
MFS NEW DISCOVERY INTL - 11.486 SHS   2013-07-29 2014-08-15
MFS NEW DISCOVERY INTL - 1866.189 SHS   2013-07-29 2014-10-07
NATIONAL OILWELL VARCO COM - 110 SHS   2012-12-04 2014-08-21
NORTHERN TR CORP COM - 210 SHS   2012-12-04 2014-08-21
NOVARTIS A G SPONSORED ADR - 50 SHS   2014-05-07 2014-06-23
NOVARTIS A G SPONSORED ADR - 50 SHS   2014-05-07 2014-08-21
NOVARTIS A G SPONSORED ADR - 30 SHS   2014-05-07 2014-09-25
NVIDIA CORP COM - 240 SHS   2013-12-17 2014-05-30
NVIDIA CORP COM - 305 SHS   2013-02-28 2014-08-21
NVIDIA CORP COM - 181 SHS   2013-02-28 2014-12-12
OCCIDENTAL PETE COM - 110 SHS   2013-07-02 2014-08-21
OCEANEERING INTL INC COM - 710 SHS   2014-06-23 2014-10-07
OCEANEERING INTL INC COM - 15 SHS   2014-08-21 2014-10-07
ORACLE CORP COM - 45 SHS   2014-05-07 2014-08-21
ORACLE CORP COM - 155 SHS   2013-12-19 2014-08-21
PEOPLE'S UNITED FINANCIAL - 625 SHS   2013-10-24 2014-08-21
PEOPLE'S UNITED FINANCIAL - 770 SHS   2014-05-07 2014-12-12
PEOPLE'S UNITED FINANCIAL - 770 SHS   2013-10-24 2014-12-12
PEOPLE'S UNITED FINANCIAL - 1695 SHS   2013-10-24 2014-12-12
PEPSICO INC COM - 130 SHS   2014-05-07 2014-08-21
PEPSICO INC COM - 23 SHS   2014-05-07 2014-12-17
PETSMART COM COM - 270 SHS   2014-02-18 2014-08-21
PROCTER & GAMBLE CO COM - 120 SHS   2014-05-07 2014-05-30
PROCTER & GAMBLE CO COM - 156 SHS   2013-12-18 2014-05-30
PROCTER & GAMBLE CO COM - 41 SHS   2012-12-04 2014-12-17
QUALCOMM INCORPORATED COM - 60 SHS   2014-05-07 2014-08-21
QUALCOMM INCORPORATED COM - 10 SHS   2014-05-07 2014-12-12
QUALCOMM INCORPORATED COM - 670 SHS   2012-12-04 2014-12-12
S&P MID-CAP 400 GROWTH - 136 SHS   2012-12-04 2014-05-07
S&P MID-CAP 400 GROWTH - 44 SHS   2014-03-05 2014-04-10
S&P MID-CAP 400 GROWTH - 37 SHS   2014-08-19 2014-09-24
S&P MID-CAP 400 GROWTH - 2 SHS   2013-04-09 2014-04-10
S&P MID-CAP 400 GROWTH - 41 SHS   2012-12-04 2014-04-10
S&P MID-CAP 400 GROWTH - 128 SHS   2012-12-04 2014-05-30
S&P MID-CAP 400 VALUE - 75 SHS   2014-03-05 2014-04-10
S&P MID-CAP 400 VALUE - 19 SHS   2014-08-19 2014-09-24
S&P MID-CAP 400 VALUE - 96 SHS   2012-12-04 2014-04-10
S&P MID-CAP 400 VALUE - 197 SHS   2012-12-04 2014-05-07
S&P MID-CAP 400 VALUE - 153 SHS   2012-12-04 2014-05-30
S&P SMALL CAP 600 GROWTH - 130 SHS   2014-03-05 2014-04-10
S&P SMALL CAP 600 GROWTH - 40 SHS   2014-03-05 2014-04-11
S&P SMALL CAP 600 GROWTH - 319 SHS   2013-09-10 2014-04-28
S&P SMALL CAP 600 GROWTH - 39 SHS   2013-07-29 2014-04-28
S&P SMALL CAP 600 GROWTH - 74 SHS   2014-06-09 2014-08-15
S&P SMALL CAP 600 GROWTH - 49 SHS   2014-05-08 2014-09-25
S&P SMALL CAP 600 GROWTH - 31 SHS   2013-04-09 2014-04-11
S&P SMALL CAP 600 GROWTH - 589 SHS   2012-12-04 2014-04-11
S&P SMALL CAP 600 GROWTH - 582 SHS   2012-12-04 2014-04-28
S&P SMALL CAP 600 GROWTH - 257 SHS   2013-07-29 2014-08-15
S&P SMALL CAP 600 VALUE - 172 SHS   2014-03-05 2014-04-10
S&P SMALL CAP 600 VALUE - 379 SHS   2013-09-10 2014-04-28
S&P SMALL CAP 600 VALUE - 68 SHS   2013-07-29 2014-04-28
S&P SMALL CAP 600 VALUE - 68 SHS   2014-06-09 2014-08-15
S&P SMALL CAP 600 VALUE - 50 SHS   2014-05-08 2014-09-25
S&P SMALL CAP 600 VALUE - 22 SHS   2013-04-09 2014-04-10
S&P SMALL CAP 600 VALUE - 3 SHS   2012-12-04 2014-04-10
S&P SMALL CAP 600 VALUE - 700 SHS   2012-12-04 2014-04-11
S&P SMALL CAP 600 VALUE - 523 SHS   2012-12-04 2014-04-28
S&P SMALL CAP 600 VALUE - 271 SHS   2013-07-29 2014-08-15
SCHLUMBERGER LTD COM - 40 SHS   2012-12-04 2014-08-21
SCHLUMBERGER LTD COM - 65 SHS   2012-12-04 2014-08-21
STRYKER CORP COM - 90 SHS   2012-12-04 2014-06-23
STRYKER CORP COM - 40 SHS   2012-12-04 2014-08-21
STRYKER CORP COM - 57 SHS   2012-12-04 2014-12-17
SYSCO CORP COM - 170 SHS   2014-05-07 2014-12-12
SYSCO CORP COM - 840 SHS   2013-12-18 2014-12-12
SYSCO CORP COM - 270 SHS   2012-12-04 2014-08-21
SYSCO CORP COM - 170 SHS   2012-12-04 2014-12-12
SYSCO CORP COM - 24 SHS   2012-12-04 2014-12-12
T ROWE MIDCAP GROWTH - 305.131 SHS   2014-03-05 2014-04-10
T ROWE MIDCAP GROWTH - 102.069 SHS   2014-03-05 2014-05-07
T ROWE MIDCAP GROWTH - 91.994 SHS   2014-08-19 2014-09-24
T ROWE MIDCAP GROWTH - 478.648 SHS   2012-12-04 2014-05-07
T ROWE MIDCAP GROWTH - 2008.839 SHS   2012-12-04 2014-05-30
T ROWE MIDCAP GROWTH - 476.549 SHS   2012-12-04 2014-06-02
T ROWE MIDCAP GROWTH - 54.788 SHS   2012-12-04 2014-11-25
T. ROWE PRICE GROUP INC COM - 70 SHS   2014-05-07 2014-08-21
T. ROWE PRICE GROUP INC COM - 30 SHS   2012-12-04 2014-12-16
TARGET CORP COM - 20 SHS   2013-10-24 2014-05-05
THE J.M. SMUCKER COMPANY - 60 SHS   2013-07-02 2014-08-21
THE J.M. SMUCKER COMPANY - 50 SHS   2011-03-18 2014-08-21
ULTA SALON COS & FRAG COM - 70 SHS   2013-12-18 2014-06-23
ULTA SALON COS & FRAG COM - 75 SHS   2013-05-13 2014-08-21
ULTA SALON COS & FRAG COM - 110 SHS   2013-05-13 2014-09-24
ULTA SALON COS & FRAG COM - 15 SHS   2013-05-13 2014-12-17
UNION PAC CORP COM - 165 SHS   2014-05-07 2014-08-21
UNION PAC CORP COM - 30 SHS   2014-05-07 2014-12-12
UNITED TECHNOLOGIES CORP - 45 SHS   2014-05-07 2014-08-21
UNITED TECHNOLOGIES CORP - 18 SHS   2014-05-07 2014-12-15
US BANCORP DEL COM - 245 SHS   2014-05-07 2014-05-30
US BANCORP DEL COM - 686 SHS   2013-12-18 2014-05-30
US BANCORP DEL COM - 59 SHS   2014-08-21 2014-12-17
VANGUARD INFO TECH ETF - 85 SHS   2014-06-23 2014-08-21
VANGUARD INTL GROWTH - 55.287 SHS   2014-03-05 2014-04-10
VANGUARD INTL GROWTH - 2.869 SHS   2014-03-05 2014-06-02
VANGUARD INTL GROWTH - 618.987 SHS   2014-05-08 2014-06-02
VANGUARD INTL GROWTH - 8.101 SHS   2013-07-29 2014-08-15
VANGUARD INTL GROWTH - 200.57 SHS   2013-07-29 2014-11-25
VANGUARD REIT INDEX - 266.322 SHS   2014-03-05 2014-04-10
VANGUARD REIT INDEX - 787.966 SHS   2013-10-22 2014-04-10
VANGUARD REIT INDEX - 892.857 SHS   2014-05-08 2014-05-14
VANGUARD REIT INDEX - 1587.549 SHS   2014-05-08 2014-05-30
VANGUARD REIT INDEX - 1951.021 SHS   2013-10-22 2014-05-30
VANGUARD REIT INDEX FUND - 215.332 SHS   2014-06-09 2014-08-19
VANGUARD REIT INDEX FUND - 215.399 SHS   2013-10-22 2014-11-25
VANGUARD REIT INDEX FUND - 88.283 SHS   2013-10-22 2014-12-15
VANGUARD S/C INDEX ADMIRAL - 694.87 SHS   2012-12-04 2014-08-19
VANGUARD SMALL CAP INDEX - 134.959 SHS   2012-12-04 2014-03-03
VANGUARD SMALL CAP INDEX - 70.119 SHS   2012-12-04 2014-04-10
VANGUARD SMALL CAP INDEX - 3281.433 SHS   2012-12-04 2014-05-07
VANGUARD SMALL CAP INDEX - 11.208 SHS   2012-12-04 2014-06-23
VARIAN MEDICAL SYSTEMS INC - 65 SHS   2013-05-13 2014-06-23
VARIAN MEDICAL SYSTEMS INC - 70 SHS   2013-05-13 2014-08-21
VECTREN CORP COM - 95 SHS   2013-10-24 2014-08-21
VECTREN CORP COM - 85 SHS   2013-10-24 2014-06-23
VECTREN CORP COM - 290 SHS   2014-05-07 2014-08-21
VECTREN CORP COM - 290 SHS   2013-10-24 2014-08-21
VERIZON COM INC   2013-02-05 2014-09-29
WAL MART STORES INC COM - 105 SHS   2014-05-07 2014-08-21
WAL MART STORES INC COM - 10 SHS   2014-05-07 2014-12-17
WAL MART STORES INC COM - 47 SHS   2013-12-18 2014-12-17
BEAL BANK CD   2013-02-04 2014-02-12
FIFTH THIRD BANK CD   2013-02-05 2014-02-13
FIRST NATIONAL BANK CD   2013-02-04 2014-01-31
SAFRA NATIONAL BANK CD   2013-02-04 2014-08-14
VERIZON COMM 1.250%   2013-02-05 2014-09-29
FIGURINES D 2012-12-04 2014-12-11
CAPITAL GAINS 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 10,851   6,776 4,075
b 6,225   3,523 2,702
c 5,295   4,024 1,271
d 8,246   6,035 2,211
e 1,278   929 349
12,083   11,055 1,028
29,280   21,145 8,135
8,076   7,220 856
1,234   1,083 151
1,646   1,311 335
3,533   3,124 409
13,255   13,521 -266
13,831   12,498 1,333
12,960   8,635 4,325
3,748   2,385 1,363
7,760   4,142 3,618
28,748   28,692 56
2,712   2,715 -3
871   855 16
150,000   117,128 32,872
40,969   41,106 -137
157,469   157,581 -112
58,856   59,948 -1,092
13,323   12,925 398
7,624   6,070 1,554
38,957   30,881 8,076
36,943   28,826 8,117
62,531   47,580 14,951
183,886   143,536 40,350
30,990   24,088 6,902
75,019   75,468 -449
23,546   22,980 566
25,046   25,969 -923
504   518 -14
2,934   2,462 472
8,801   5,848 2,953
1,241   732 509
3,204   1,926 1,278
5,826   3,638 2,188
1,478   1,317 161
48,701   43,074 5,627
6,860   6,893 -33
369   373 -4
959   825 134
5,330   3,402 1,928
5,274   3,402 1,872
6,930   3,856 3,074
10,163   9,341 822
6,616   5,313 1,303
12,019   11,015 1,004
1,306   1,511 -205
5,006   5,475 -469
30,904   35,699 -4,795
2,176   2,246 -70
236   336 -100
768   1,058 -290
95   127 -32
47   61 -14
1,748   761 987
1,196   1,252 -56
1,969   1,483 486
736   321 415
9,184   9,516 -332
23,267   23,347 -80
6,357   6,574 -217
6,435   4,813 1,622
5,574   5,568 6
5,348   4,900 448
45,653   44,158 1,495
13,653   10,653 3,000
8,012   4,913 3,099
5,863   3,166 2,697
49,940   48,567 1,373
2,946   1,573 1,373
47,356   46,265 1,091
1,405   1,432 -27
530   520 10
14,584   14,471 113
7,085   7,367 -282
4,857   5,473 -616
41,281   40,118 1,163
13,316   13,438 -122
12,650   10,619 2,031
68,277   60,465 7,812
17,002   16,986 16
5,923   3,475 2,448
44,320   39,118 5,202
9,629   9,268 361
9,150   7,499 1,651
2,868   2,839 29
3,894   4,099 -205
1,062   737 325
692   491 201
10,617   7,983 2,634
3,893   2,748 1,145
2,672   3,215 -543
28,439   43,403 -14,964
14,957   19,107 -4,150
1,053   1,182 -129
2,949   2,967 -18
10,557   8,897 1,660
2,316   1,941 375
8,016   4,956 3,060
2,781   1,704 1,077
1,377   836 541
1,722   1,440 282
6,889   3,667 3,222
3,773   1,864 1,909
75,000   76,245 -1,245
5,756   5,531 225
4,168   4,023 145
3,253   3,017 236
57,600   55,270 2,330
3,176   2,691 485
4,397   3,726 671
7,556   6,210 1,346
44,232   54,076 -9,844
1,277   1,266 11
5,946   6,780 -834
2,660   3,033 -373
2,366   1,437 929
6,726   4,086 2,640
5,946   3,901 2,045
1,646   2,067 -421
20,367   17,782 2,585
3,852   3,815 37
659   643 16
45,969   45,179 790
1,371   1,400 -29
15,393   16,385 -992
1,254   1,298 -44
112   115 -3
172   119 53
343   308 35
52,123   50,070 2,053
9,268   6,781 2,487
14,211   10,052 4,159
4,504   4,414 90
4,448   4,414 34
2,792   2,648 144
4,531   3,643 888
5,808   3,904 1,904
3,582   2,317 1,265
11,227   10,027 1,200
45,049   55,043 -9,994
952   1,021 -69
1,869   1,838 31
6,437   5,631 806
9,276   9,154 122
11,216   11,118 98
11,215   11,277 -62
24,689   24,824 -135
12,010   11,311 699
2,136   2,001 135
18,789   17,431 1,358
9,671   9,854 -183
12,572   12,645 -73
3,663   2,848 815
4,615   4,739 -124
711   790 -79
47,612   42,404 5,208
20,055   15,364 4,691
6,498   6,848 -350
5,671   5,768 -97
295   252 43
6,055   4,632 1,423
19,370   14,460 4,910
8,887   9,009 -122
2,319   2,396 -77
11,375   8,253 3,122
23,553   16,936 6,617
18,652   13,153 5,499
14,967   15,824 -857
4,556   4,869 -313
36,011   33,950 2,061
4,403   4,020 383
8,498   8,845 -347
5,543   5,545 -2
3,531   2,853 678
67,082   48,233 18,849
65,700   47,660 18,040
29,514   26,490 3,024
19,022   19,625 -603
41,573   37,866 3,707
7,459   6,779 680
7,562   7,864 -302
5,398   5,490 -92
2,433   1,956 477
332   236 96
76,745   54,980 21,765
57,369   41,078 16,291
30,137   27,016 3,121
4,381   2,854 1,527
7,119   4,638 2,481
7,665   4,894 2,771
3,297   2,175 1,122
5,177   3,099 2,078
6,748   6,269 479
33,342   30,287 3,055
10,112   8,474 1,638
6,748   5,335 1,413
953   753 200
22,183   23,394 -1,211
7,490   7,826 -336
7,078   7,133 -55
35,123   28,063 7,060
150,000   117,778 32,222
35,622   27,940 7,682
4,497   3,212 1,285
5,585   5,686 -101
2,464   1,917 547
1,201   1,286 -85
6,112   6,242 -130
5,094   3,503 1,591
6,621   6,472 149
7,247   6,919 328
13,198   10,148 3,050
1,916   1,384 532
17,484   15,520 1,964
3,426   2,822 604
4,946   5,258 -312
2,039   2,103 -64
10,316   9,900 416
28,883   27,056 1,827
2,551   2,491 60
8,570   8,166 404
4,047   4,074 -27
216   211 5
46,560   45,365 1,195
607   535 72
14,792   13,252 1,540
7,143   7,220 -77
21,133   20,897 236
25,000   25,063 -63
44,864   44,563 301
55,136   51,741 3,395
23,553   22,934 619
24,284   21,400 2,884
9,983   8,771 1,212
38,468   26,585 11,883
6,559   4,652 1,907
3,311   2,417 894
154,818   113,111 41,707
563   386 177
5,501   4,501 1,000
5,921   4,847 1,074
3,871   3,282 589
3,483   2,937 546
11,817   11,764 53
11,817   10,020 1,797
75,077   76,141 -1,064
7,952   8,203 -251
832   781 51
3,912   3,624 288
75,000   75,000 0
75,000   75,000 0
75,000   75,000 0
75,000   75,000 0
76,141   76,141 0
50   625 -575
75,515     75,515
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       4,075
b       2,702
c       1,271
d       2,211
e       349
      1,028
      8,135
      856
      151
      335
      409
      -266
      1,333
      4,325
      1,363
      3,618
      56
      -3
      16
      32,872
      -137
      -112
      -1,092
      398
      1,554
      8,076
      8,117
      14,951
      40,350
      6,902
      -449
      566
      -923
      -14
      472
      2,953
      509
      1,278
      2,188
      161
      5,627
      -33
      -4
      134
      1,928
      1,872
      3,074
      822
      1,303
      1,004
      -205
      -469
      -4,795
      -70
      -100
      -290
      -32
      -14
      987
      -56
      486
      415
      -332
      -80
      -217
      1,622
      6
      448
      1,495
      3,000
      3,099
      2,697
      1,373
      1,373
      1,091
      -27
      10
      113
      -282
      -616
      1,163
      -122
      2,031
      7,812
      16
      2,448
      5,202
      361
      1,651
      29
      -205
      325
      201
      2,634
      1,145
      -543
      -14,964
      -4,150
      -129
      -18
      1,660
      375
      3,060
      1,077
      541
      282
      3,222
      1,909
      -1,245
      225
      145
      236
      2,330
      485
      671
      1,346
      -9,844
      11
      -834
      -373
      929
      2,640
      2,045
      -421
      2,585
      37
      16
      790
      -29
      -992
      -44
      -3
      53
      35
      2,053
      2,487
      4,159
      90
      34
      144
      888
      1,904
      1,265
      1,200
      -9,994
      -69
      31
      806
      122
      98
      -62
      -135
      699
      135
      1,358
      -183
      -73
      815
      -124
      -79
      5,208
      4,691
      -350
      -97
      43
      1,423
      4,910
      -122
      -77
      3,122
      6,617
      5,499
      -857
      -313
      2,061
      383
      -347
      -2
      678
      18,849
      18,040
      3,024
      -603
      3,707
      680
      -302
      -92
      477
      96
      21,765
      16,291
      3,121
      1,527
      2,481
      2,771
      1,122
      2,078
      479
      3,055
      1,638
      1,413
      200
      -1,211
      -336
      -55
      7,060
      32,222
      7,682
      1,285
      -101
      547
      -85
      -130
      1,591
      149
      328
      3,050
      532
      1,964
      604
      -312
      -64
      416
      1,827
      60
      404
      -27
      5
      1,195
      72
      1,540
      -77
      236
      -63
      301
      3,395
      619
      2,884
      1,212
      11,883
      1,907
      894
      41,707
      177
      1,000
      1,074
      589
      546
      53
      1,797
      -1,064
      -251
      51
      288
      0
      0
      0
      0
      0
      -575
      75,515
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 2 540,914
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 335,709 4,638,269 0.072378
2012 336,827 1,326,840 0.253857
2011 304,754 1,206,107 0.252676
2010 441,067 796,865 0.553503
2009 453,272 1,056,508 0.429028
2 Total of line 1, column (d) ...................... 2 1.561442
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 0.312288
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 8,362,569
5 Multiply line 4 by line 3....................... 5 2,611,530
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 6,525
7 Add lines 5 and 6......................... 7 2,618,055
8 Enter qualifying distributions from Part XII, line 4.............. 8 391,436
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 13,050
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 13,050
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 13,050
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 11,169
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 26,169
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 13,119
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet13,119 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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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)
    bulletIN
    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 addressbulletWWW.SHAFERFOUNDATION.COM
    14
    The books are in care ofbulletTERRY L WALKER PRES TRUSTEE Telephone no.bullet (765) 808-0800
    Located atbulletPO BOX 548MUNCIEIN ZIP+4bullet47308
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    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
    TERRY L WALKER TRUSTEE, CHAIRMAN AND PRES
    1.50     		0 0 0
    201 EAST JACKSON STREET
    MUNCIE,IN47305
    CHRISTOPHER D FANCHER TRUSTEE, SECRETARY
    0.50     		0 0 0
    201 EAST JACKSON STREET
    MUNCIE,IN47305
    KENNETH R BRINER TRUSTEE, TREASURER
    0.50     		0 0 0
    201 EAST JACKSON STREET
    MUNCIE,IN47305
    RAY L CHAMBERS TRUSTEE, VICE PRESIDENT
    0.50     		0 0 0
    201 EAST JACKSON STREET
    MUNCIE,IN47305
    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.........................bullet0
    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
    8,205,680
    b
    Average of monthly cash balances.......................
    1b
    284,238
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,489,918
    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
    8,489,918
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    127,349
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,362,569
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    418,128
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    418,128
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    13,050
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    13,050
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    405,078
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    405,078
    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
    405,078
    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
    391,436
    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
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    391,436
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    391,436
    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 7 405,078
    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....... 400,765
    b From 2010....... 402,384
    c From 2011....... 248,039
    d From 2012....... 273,056
    e From 2013....... 115,165
    fTotal of lines 3a through e......... 1,439,409
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 391,436
    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..... 391,436
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014. 13,642 13,642
    (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 1,425,767
    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) ...     		387,123
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		1,038,644
    10 Analysis of line 9:
    a Excess from 2010.... 402,384
    b Excess from 2011.... 248,039
    c Excess from 2012.... 273,056
    d Excess from 2013.... 115,165
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    LIZ LUDWICK
    PO BOX 548
    MUNCIE,IN473080548
    (765) 284-7847
    LLUDWICK@MUNCIEPOWER.COM
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION AVAILABLE ON WEBSITE (WWW.SHAFERFOUNDATION.COM)
    cAny submission deadlines:
    DECEMBER 1, MARCH 1, JUNE 1, SEPTEMBER 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    LIMITED TO ORGANIZATIONS PRIMARILY IN DELAWARE COUNTY, INDIANA & TRAVERSE CITY, MICHIGAN; SUPPORT CHARITABLE FIELDS OF ARTS, CULTURE, EDUCATION, ENVIRONMENT, HEALTH, HUMAN SERVICES, COMMUNITY AFFAIRS
    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
    BALL MEMORIAL HOSPITAL FOUNDATION
    2401 W UNIVERSITY AVE
    MUNCIE,IN47303     		N/A PUBLIC CHARITY SCHOLARSHIP PLEDGE 100,000
    BALL STATE UNIVERSITY FOUNDATION
    2800 W BETHEL AVE
    MUNCIE,IN47304     		N/A PUBLIC UNIVERSITY SHAFER FELLOWS 5,500
    BOYS & GIRLS CLUB OF MUNCIE
    1710 S MADISON ST
    MUNCIE,IN47302     		N/A PUBLIC CHARITY ANNUAL SUPPORT 10,000
    COMMUNITY FOUNDATION OF MUNCIE & DELWARE COUNTY INC
    201 E JACKSON ST
    MUNCIE,IN47305     		N/A PUBLIC CHARITY DIFFERENCE MAKER INITIATIVE; EARLY CHILDHOOD FUND 16,250
    CORNERSTONE CENTER FOR THE ARTS
    520 E MAIN ST
    MUNCIE,IN47305     		N/A PUBLIC CHARITY ANNUAL SUPPORT 10,000
    FIRST PRESBYTERIAN CHURCH
    1400 W RIVERSIDE AVE
    MUNCIE,IN47303     		N/A PUBLIC CHARITY ANNUAL SUPPORT, WINDOWS PROJECT 30,000
    GOODWILL
    5035 HESSLER RD
    MUNCIE,IN47304     		N/A PUBLIC CHARITY ANNUAL SUPPORT 150
    HABITAT FOR HUMANITY
    1923 S HOYT AVE
    MUNCIE,IN47302     		N/A PUBLIC CHARITY ANNUAL SUPPORT 25,000
    INTERLOCHEN CENTER FOR THE ARTS
    PO BOX 199
    INTERLOCHEN,MI49643     		N/A PUBLIC CHARITY LOGAN ARTS LEADERSHIP INSTITUTE PROGRAM 30,000
    MASTERWORKS CHORALE
    520 E MAIN ST
    MUNCIE,IN47305     		N/A PUBLIC CHARITY VALENTINE CONCERT 3,500
    MOTIVATE OUR MINDS
    2023 E HIGHLAND AVE
    MUNCIE,IN47303     		N/A PUBLIC CHARITY ANNUAL SUPPORT 15,000
    MUNCIE CHILDREN'S MUSEUM
    515 S HIGH ST
    MUNCIE,IN47305     		N/A PUBLIC CHARITY WINTER WONDERLAND, 1/2 PRICE SUNDAYS, FREE SATURDAYS 15,000
    MUNCIE DOWNTOWN DEVELOPMENT PARTNERSHIP
    407 S WALNUT ST
    MUNCIE,IN47305     		N/A PUBLIC CHARITY MUNCIE THREE TRAILS SERIES SPONSOR 5,000
    MUNCIE SYMPHONY ORCHESTRA
    2000 UNIVERSITY AVE
    MUNCIE,IN47306     		N/A PUBLIC CHARITY MUSIC ON THE MOVE 10,000
    MUNCIE-DELAWARE CLEAN & BEAUTIFUL
    201 E JACKSON ST
    MUNCIE,IN47305     		N/A PUBLIC CHARITY ANNUAL SUPPORT 3,000
    PSI IOTA XI
    607 E CHARLES ST
    MUNCIE,IN47305     		N/A PUBLIC CHARITY ANNUAL SUPPORT 865
    SHAFER LEADERSHIP ACADEMY
    1208 W WHITE RIVER BLVD
    MUNCIE,IN47303     		N/A PUBLIC CHARITY ANNUAL SUPPORT 45,000
    UNITED WAY OF DELAWARE COUNTY
    PO BOX 968
    MUNCIE,IN47308     		N/A PUBLIC CHARITY ANNUAL SUPPORT 15,000
    YOUTH OPPORTUNITY CENTER
    3700 W KILGORE AVE
    MUNCIE,IN47304     		N/A PUBLIC CHARITY ROOF REPLACEMENT PROJECT 50,000
    Total .................................bullet 3a 389,265
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 8  
    4 Dividends and interest from securities....     14 150,733  
    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 .............     		    18 369,153  
    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).. 0 519,894 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13519,894
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2014
    Name of the organization
    HAMER D & PHYLLIS C SHAFER FOUNDATION
    CHARITABLE TRUST
    Employer identification number

    35-1997098
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 2
    Name of organization
    HAMER D & PHYLLIS C SHAFER FOUNDATION
    CHARITABLE TRUST         		Employer identification number

    35-1997098
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    PHYLLIS SHAFER ESTATE
     

       
    200 EAST JACKSON STREET
     
    MUNCIE, IN47305

    		$1,349,035


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    PHYLLIS SHAFER ESTATE
     

       
    200 EAST JACKSON STREET
     
    MUNCIE, IN47305

    		$14,305


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 3
    Name of organization
    HAMER D & PHYLLIS C SHAFER FOUNDATION
    CHARITABLE TRUST         		Employer identification number

    35-1997098
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 ALLIANT - 230 SHS - $13,665.45AMERISOURCE-BERGEN - 385 SHS - $29,789.38AMERISOURCE-BERGEN - 265 SHS $ 1,349,035 2014-07-24
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    2
    		 PORTRAITS $8,000PERSONAL PROPERTY $4,730CEMETARY PLOTS $775 $ 14,305 2014-07-31
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
    Page 4
    Name of organization
    HAMER D & PHYLLIS C SHAFER FOUNDATION
    CHARITABLE TRUST         		Employer identification number

    35-1997098
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
    that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2014 AccountingFeesSchedule
    Name:
    HAMER D & PHYLLIS C SHAFER FOUNDATION
    CHARITABLE TRUST
    EIN: 35-1997098
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 16,640 14,976   1,664

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    HAMER D & PHYLLIS C SHAFER FOUNDATION
    CHARITABLE TRUST
    EIN: 35-1997098
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICAN EXPRESS 1.75% 75,997 75,413
    AT&T INC. 2.5% 26,976 27,292
    BAXTER INTERNATIONAL 0.950% 35,235 34,986
    BB&T CORP 1.600% 29,389 29,984
    BB&T CORP 5.200% 24,375 25,997
    BECTON DICKINSON & CO 3.125% 52,390 50,186
    BECTON DICKINSON & CO 3.250% 100,976 101,728
    BERKSHIRE HATHAWAY 4.250% 80,068 82,458
    BERKSHIRE HATHWAY 1.550% 73,530 74,963
    BROADCOM 2.700% 52,056 51,196
    CAMPBELL SOUP CO 3.050% 50,500 51,698
    COCA-COLA 1.800% 76,461 76,251
    EMERSON ELECTRIC 5.125% 25,019 26,977
    HEWLETT PACKARD 3.750% 30,720 31,034
    IBM CORP 1.250% 14,792 15,046
    LOWES COMPANIES 2.125% 48,953 50,825
    LOWES COMPANIES 5.000% 25,225 25,843
    NORTHERN TRUST 2.375% 68,725 73,094
    MEDTRONIC INC 3.125% 50,237 50,628
    MICROSOFT 2.500% 41,637 40,946
    OCCIDENTAL PETROLEUM 1.500% 73,262 74,200
    ORACLE GROUP 3.625% 101,140 104,871
    PARKER HANNIFIN 3.500% 77,435 78,429
    PEPSICO INC 3.125% 77,713 77,621
    PROVINCE OF ONTARIO 0.950% 75,466 75,186
    PROVINCE OF MANITOBA 1.300% 101,410 100,642
    SHELL INTL FINANCE CORP 4.300% 24,906 27,437
    SYSCO CORP 5.250% 25,307 27,738
    TEXAS INSTRUMENTS 1.650% 43,228 43,935
    UNITED PARCEL SERVICE 3.125% 31,291 31,292
    WALT-DISNEY 1.125% 50,381 50,017
    WAL-MART 3.300% 20,476 20,650
    WAL-MART 3.625% 79,003 80,090
    WAL-MART STORES 4.125% 103,842 108,920

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    HAMER D & PHYLLIS C SHAFER FOUNDATION
    CHARITABLE TRUST
    EIN: 35-1997098
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M COMPANY 35,897 51,104
    ABBOTT LABS 43,653 52,673
    ACCENTURE 47,486 53,854
    ALLIANT CORP 38,364 45,697
    AMERIPRISE FINANCIAL 31,962 47,742
    AMERISOURCE-BERGEN CORP 44,875 52,293
    AMPHENOL CORPORATION 47,101 51,442
    AUTOMATIC DATA PROCESSING 34,231 49,939
    BAKER HUGHES INC 37,533 45,417
    BALL CORP 127,070 136,340
    BB&T CORP 40,467 49,157
    BECTON DICKINSON & CO 38,443 53,437
    BED BATH & BEYOND 42,217 51,719
    BROWN & BROWN INC 43,915 49,200
    CHEVRON CORP 53,277 48,574
    CHUBB CORP 39,392 48,320
    CISCO SYSTEMS 48,536 52,348
    COVIDIEN ADR 46,573 53,390
    DISNEY WALT COMPANY 45,313 49,167
    EMERSON ELEC CO 46,494 48,458
    EOG RESOURCES INC 51,441 48,153
    FIRST MERCHANTS CORP 541,139 600,532
    FLIR CORPORATION 51,791 48,627
    GENUINE PARTS CO 40,734 50,727
    HARRIS CORP DEL 31,965 51,639
    HCC INSURANCE HLDGS 38,936 48,275
    JACK HENRY & ASSOCIATES 31,838 51,390
    HIBBETT SPORTS INC 49,648 52,062
    HONEYWELL INTL INC 41,342 50,560
    HORMEL FOODS CORP 34,384 45,431
    JOHNSON & JOHNSON 46,071 51,762
    NATIONAL OILWELL VARCO 58,856 46,723
    NORTHERN TR CORP 41,618 47,854
    NOVARTIS A G SPONSORED ADR 49,601 51,982
    NVIDIA CORP 44,611 49,403
    OCCIDENTAL PETE 53,342 48,447
    OMNICOM GROUP INC 45,755 48,186
    ORACLE CORP 44,870 55,538
    PEPSICO INC 41,068 44,632
    PETSMART COM 44,314 56,825
    PROCTER & GAMBLE CO 40,977 46,274
    SCHLUMBERGER LTD 42,135 46,378
    STRYKER CORP 39,015 53,579
    T. ROWE PRICE GROUP INC 42,215 49,627
    THE J.M. SMUCKER COMPANY 34,447 44,431
    ULTA SALON COS & FRAG 35,541 49,218
    UNION PAC CORP 40,916 51,822
    UNITED TECHNOLOGIES CORP 41,420 50,830
    US BANCORP DEL 44,368 48,546
    VANGUARD INFO TECH ETF 98,476 101,659
    VARIAN MEDICAL SYSTEMS INC 46,570 52,339
    VECTREN CORP 36,686 45,583
    WAL MART STORES INC 42,229 47,062

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    HAMER D & PHYLLIS C SHAFER FOUNDATION
    CHARITABLE TRUST
    EIN: 35-1997098
    US Government Securities - End of Year Book Value:

    525,847
    US Government Securities - End of Year Fair Market Value:

    530,282
    State & Local Government Securities - End of Year Book Value:


    60,350
    State & Local Government Securities - End of Year Fair Market Value:


    61,459


    TY 2014 InvestmentsOtherSchedule2
    Name:
    HAMER D & PHYLLIS C SHAFER FOUNDATION
    CHARITABLE TRUST
    EIN: 35-1997098
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    COLUMBIA MIDCAP VALUE FD CL R5 AT COST 508,906 476,756
    DODGE & COX INTERNATIONAL AT COST 56,287 52,731
    ENERGY SECTOR ETF SPDR AT COST 48,135 47,338
    GUGGENHEIM EQ WGHT S&P500 ETF AT COST 67,521 70,444
    MATERIALS SECTOR ETF SPDR AT COST 58,935 68,984
    S&P MID-CAP 400 GROWTH ETF ISHARES AT COST 210,804 258,985
    S&P MID-CAP 400 VALUE ETF ISHARES AT COST 208,418 259,495
    S&P SMALL CAP 600 GROWTH ETF ISHARES AT COST 127,374 142,584
    S&P SMALL CAP 600 VALUE ETF ISHARES AT COST 127,763 142,472
    T ROWE MIDCAP GROWTH AT COST 448,498 488,103
    VANGUARD INTL GROWTH ADMIRAL SHS AT COST 52,142 52,344
    VANGUARD REIT INDEX FUND ADMIRAL AT COST 391,921 445,399
    VANGUARD S/C INDEX ADMIRAL AT COST 116,882 138,884
    VANGUARD S/C VALUE INDEX ADMIRAL AT COST 142,814 138,872
    BMW BANK CD (UTAH) 0.500% AT COST 100,000 100,000
    GE CAPITAL BANK CD 0.600% AT COST 45,000 45,000
    GE CAPITAL CD 0.600% AT COST 120,000 120,000
    CHARTER BANK CD 0.750% AT COST 50,000 50,000
    BANK OF HOLLAND CD 0.700% AT COST 74,836 75,000

    TY 2014 LegalFeesSchedule
    Name:
    HAMER D & PHYLLIS C SHAFER FOUNDATION
    CHARITABLE TRUST
    EIN: 35-1997098
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 1,014 507   507


    TY 2014 OtherAssetsSchedule
    Name:
    HAMER D & PHYLLIS C SHAFER FOUNDATION
    CHARITABLE TRUST
    EIN: 35-1997098
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PORTRAITS   8,800 9,450
    PERSONAL PROPERTY   3,090 3,090
    CEMETARY PLOTS   775 775


    TY 2014 OtherExpensesSchedule
    Name:
    HAMER D & PHYLLIS C SHAFER FOUNDATION
    CHARITABLE TRUST
    EIN: 35-1997098
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 23,180 23,180   0


    TY 2014 OtherLiabilitiesSchedule
    Name:
    HAMER D & PHYLLIS C SHAFER FOUNDATION
    CHARITABLE TRUST
    EIN: 35-1997098
    Description Beginning of Year - Book Value End of Year - Book Value
    EXCISE TAX PAYABLE 6,831 1,881


    TY 2014 TaxesSchedule
    Name:
    HAMER D & PHYLLIS C SHAFER FOUNDATION
    CHARITABLE TRUST
    EIN: 35-1997098
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 13,050 0   0
    FOREIGN TAXES 497 497   0