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
OTTO & EDNA NEELY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)325 S HIGLEY RD SUITE 110 Room/suite

City or town, state or province, country, and ZIP or foreign postal code
GILBERT, AZ85296

A Employer identification number

86-0581770

B Telephone number (see instructions)

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

$17,381,620J 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	(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	139		139
4	Dividends and interest from securities......	328,268		328,268
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		541,204
b	Gross sales price for all assets on line 6a 5,341,229
7	Capital gain net income (from Part IV, line 2)...			541,204
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).......		8,420	5,420
12	Total. Add lines 1 through 11........	878,031		875,031
13	Compensation of officers, directors, trustees, etc.	66,000		13,200	52,800
14	Other employee salaries and wages......	27,000		5,400	21,600
15	Pension plans, employee benefits.......	2,066		414	1,652
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		6,686	1,337	5,349
c	Other professional fees (attach schedule)....		162,749	162,749
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		22,206	3,687	48
19	Depreciation (attach schedule) and depletion...		413
20	Occupancy..............	18,731		3,746	14,985
21	Travel, conferences, and meetings.......	47		9	38
22	Printing and publications..........
23	Other expenses (attach schedule).......		23,074	2,459	20,615
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	328,972		193,001	117,087
25	Contributions, gifts, grants paid........	606,879			606,879
26	Total expenses and disbursements. Add lines 24 and 25	935,851		193,001	723,966
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-57,820
b	Net investment income (if negative, enter -0-)			682,030
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	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...............	29,012	14,560	14,565
	2	Savings and temporary cash investments..........	389,383	940,188	940,188
	3	Accounts receivable
		Less: allowance for doubtful accounts
	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
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)	1,174,945	1,516,946	1,506,453
	b	Investments—corporate stock (attach schedule)........	8,047,988	8,240,069	12,894,156
	c	Investments—corporate bonds (attach schedule)........	2,276,932	1,878,334	1,872,684
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	882,087	152,195	152,195
	14	Land, buildings, and equipment: basis 2,068
		Less: accumulated depreciation (attach schedule) 689	1,792	1,379	1,379
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	12,802,139	12,743,671	17,381,620
	17	Accounts payable and accrued expenses..........	519	-129
	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)..........	519	-129
		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.........	10,384,441	10,384,441
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	2,417,179	2,359,359
	30	Total net assets or fund balances (see instructions)......	12,801,620	12,743,800
	31	Total liabilities and net assets/fund balances (see instructions)..	12,802,139	12,743,671

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	12,801,620
2	Enter amount from Part I, line 27a.....................	2	-57,820
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	12,743,800
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	12,743,800

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	LILLY ELI & CO DUE 3/6/14 CUSIP: 532	P	2009-04-03	2014-03-06
b	COCA COLA CO DUE 3/15/19 CUSIP: 1912	P	2009-04-03	2014-07-30
c	BED BATH & BEYOND INC CUSIP: 0758961	P	2010-04-23	2014-03-14
d	BROADCOM CORP CUSIP: XXX-XX-XXXX	P	2011-05-10	2014-06-19
e	CELGENE CORP CUSIP: XXX-XX-XXXX	P	2010-04-23	2014-07-09
	FACEBOOK INC CUSIP: 30303M102	P	2013-06-06	2014-01-28
	JUNIPER NETWORKS INC CUSIP: 48203R10	P	2009-02-19	2014-09-16
	NETAPP INC CUSIP: 64110D104	P	2011-03-16	2014-06-13
	PEPSICO INC CUSIP: XXX-XX-XXXX	P	2011-03-07	2014-05-20
	RIVERBED TECHNOLOGY INC CUSIP: 76857	P	2013-09-18	2014-03-18
	AMERICAN INTL GROUP INC CUSIP: 02687	P	2012-09-11	2014-12-04
	AON PLC CUSIP: G0408V102	P	2008-12-24	2014-12-09
	AVON PRODUCTS INC CUSIP: XXX-XX-XXXX	P	2014-04-24	2014-11-20
	CANADIAN NATURAL RESOURCES LIMITED C	P	2012-03-21	2014-01-30
	CANADIAN NATURAL RESOURCES LIMITED C	P	2012-12-11	2014-07-21
	CENTURYLINK INC CUSIP: XXX-XX-XXXX	P	2013-11-08	2014-11-06
	HARMAN INTL INDS INC CUSIP: 41308610	P	2012-11-29	2014-06-11
	INTERPUBLIC GROUP COMPANY INC CUSIP:	P	2008-02-19	2014-12-01
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-23	2014-10-30
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-07-11	2014-12-02
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-08-21	2014-12-02
	MKS INSTRUMENTS INC CUSIP: 55306N104	P	2011-07-13	2014-07-24
	MCDERMOTT INTL INC CUSIP: XXX-XX-XXXX	P	2013-03-13	2014-12-09
	MICROSOFT CORP CUSIP: XXX-XX-XXXX	P	2012-10-15	2014-01-21
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-08-09	2014-12-17
	PMC-SIERRA INC CUSIP: 69344F106	P	2011-12-06	2014-01-15
	PRIVATEBANCORP INC CUSIP: XXX-XX-XXXX	P	2011-07-28	2014-01-21
	TESORO CORP CUSIP: XXX-XX-XXXX	P	2013-11-08	2014-08-19
	WILLIS GROUP HOLDINGS PLC CUSIP: G96	P	2012-11-30	2014-02-13
	ZIONS BANCORPORATION CUSIP: 98970110	P	2014-09-02	2014-12-19
	US TREASURY NOTE DUE 5/31/14 CUSIP:	P	2010-09-29	2014-06-02
	US TREASURY NOTE DUE 11/15/20 CUSIP:	P	2013-06-06	2014-10-15
	BED BATH & BEYOND INC CUSIP: 0758961	P	2010-04-23	2014-03-17
	BROADCOM CORP CUSIP: XXX-XX-XXXX	P	2011-05-10	2014-06-20
	CELGENE CORP CUSIP: XXX-XX-XXXX	P	2010-04-23	2014-10-09
	FOREST LABORATORIES CUSIP: 34STK8106	P	2002-02-15	2014-07-01
	JUNIPER NETWORKS INC CUSIP: 48203R10	P	2009-02-19	2014-09-17
	NETAPP INC CUSIP: 64110D104	P	2011-03-16	2014-06-18
	PEPSICO INC CUSIP: XXX-XX-XXXX	P	2011-03-07	2014-05-21
	RIVERBED TECHNOLOGY INC CUSIP: 76857	P	2013-09-18	2014-03-19
	ANGLOGOLD ASHANTI LTD CUSIP: 0351282	P	2008-06-18	2014-03-04
	APACHE CORP CUSIP: XXX-XX-XXXX	P	2008-10-17	2014-06-23
	AVON PRODUCTS INC CUSIP: XXX-XX-XXXX	P	2014-04-25	2014-11-20
	CANADIAN NATURAL RESOURCES LIMITED C	P	2012-03-22	2014-01-30
	CANADIAN NATURAL RESOURCES LIMITED C	P	2012-12-12	2014-08-27
	CENTURYLINK INC CUSIP: XXX-XX-XXXX	P	2013-11-08	2014-11-07
	HARMAN INTL INDS INC CUSIP: 41308610	P	2012-11-29	2014-06-11
	INTERPUBLIC GROUP COMPANY INC CUSIP:	P	2008-10-24	2014-12-01
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-23	2014-10-30
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-07-15	2014-12-02
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-08-21	2014-12-02
	MKS INSTRUMENTS INC CUSIP: 55306N104	P	2011-08-18	2014-07-24
	MCDERMOTT INTL INC CUSIP: XXX-XX-XXXX	P	2013-03-14	2014-12-09
	MICROSOFT CORP CUSIP: XXX-XX-XXXX	P	2012-10-15	2014-07-14
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-08-09	2014-12-17
	PMC-SIERRA INC CUSIP: 69344F106	P	2011-12-06	2014-01-15
	PRIVATEBANCORP INC CUSIP: XXX-XX-XXXX	P	2011-07-28	2014-01-21
	TESORO CORP CUSIP: XXX-XX-XXXX	P	2013-11-08	2014-08-20
	WILLIS GROUP HOLDINGS PLC CUSIP: G96	P	2012-11-30	2014-02-13
	GRIFFIN AMERICAN HEALTHCARE REIT	P	2013-09-27	2014-12-19
	US TREASURY NOTE DUE 8/15/14 CUSIP:	P	2013-05-15	2014-01-06
	US TREASURY NOTE DUE 8/15/21 CUSIP:	P	2014-01-06	2014-05-19
	BED BATH & BEYOND INC CUSIP: 0758961	P	2010-04-23	2014-03-18
	BROADCOM CORP CUSIP: XXX-XX-XXXX	P	2011-05-17	2014-06-20
	CHECK POINT SOFTWARE TECHNOLOGIES LT	P	2013-06-21	2014-09-17
	FOREST LABORATORIES CUSIP: 34STK8106	P	2002-03-07	2014-07-01
	JUNIPER NETWORKS INC CUSIP: 48203R10	P	2009-02-19	2014-10-21
	NETAPP INC CUSIP: 64110D104	P	2012-06-15	2014-06-18
	RIVERBED TECHNOLOGY INC CUSIP: 76857	P	2013-07-31	2014-01-15
	SCHLUMBERGER LTD CUSIP: XXX-XX-XXXX	P	2010-06-10	2014-05-15
	ANGLOGOLD ASHANTI LTD CUSIP: 0351282	P	2008-06-18	2014-03-04
	APACHE CORP CUSIP: XXX-XX-XXXX	P	2008-10-24	2014-06-23
	AVON PRODUCTS INC CUSIP: XXX-XX-XXXX	P	2014-04-25	2014-11-20
	CANADIAN NATURAL RESOURCES LIMITED C	P	2012-02-14	2014-01-31
	CANADIAN NATURAL RESOURCES LIMITED C	P	2012-12-12	2014-08-27
	CITIGROUP INC CUSIP: XXX-XX-XXXX	P	2009-12-17	2014-12-15
	HARMAN INTL INDS INC CUSIP: 41308610	P	2012-11-30	2014-06-11
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-13	2014-10-24
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-24	2014-10-30
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-07-15	2014-12-02
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-08-28	2014-12-02
	MKS INSTRUMENTS INC CUSIP: 55306N104	P	2011-08-19	2014-07-24
	MCDERMOTT INTL INC CUSIP: XXX-XX-XXXX	P	2013-03-18	2014-12-09
	MICROSOFT CORP CUSIP: XXX-XX-XXXX	P	2012-10-15	2014-09-23
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-08-09	2014-12-17
	PMC-SIERRA INC CUSIP: 69344F106	P	2011-12-07	2014-01-22
	PRIVATEBANCORP INC CUSIP: XXX-XX-XXXX	P	2011-07-28	2014-01-21
	TESORO CORP CUSIP: XXX-XX-XXXX	P	2013-11-08	2014-08-22
	WILLIS GROUP HOLDINGS PLC CUSIP: G96	P	2012-11-30	2014-02-13
	AMERICAN REALTY CAPITAL TRUST IV	P	2013-01-09	2014-01-31
	US TREASURY NOTE DUE 8/15/14 CUSIP:	P	2013-05-15	2014-08-15
	US TREASURY NOTE DUE 8/15/21 CUSIP:	P	2014-09-19	2014-10-15
	BED BATH & BEYOND INC CUSIP: 0758961	P	2010-04-23	2014-03-19
	BROADCOM CORP CUSIP: XXX-XX-XXXX	P	2011-05-17	2014-06-23
	CHECK POINT SOFTWARE TECHNOLOGIES LT	P	2013-06-21	2014-09-24
	FOREST LABORATORIES CUSIP: 34STK8106	P	2002-04-18	2014-07-01
	JUNIPER NETWORKS INC CUSIP: 48203R10	P	2010-04-23	2014-10-21
	NETAPP INC CUSIP: 64110D104	P	2012-06-15	2014-06-19
	RIVERBED TECHNOLOGY INC CUSIP: 76857	P	2013-07-31	2014-02-24
	SCHWAB CHARLES CORP CUSIP: XXX-XX-XXXX	P	2009-02-19	2014-07-09
	ANGLOGOLD ASHANTI LTD CUSIP: 0351282	P	2008-06-25	2014-03-04
	APACHE CORP CUSIP: XXX-XX-XXXX	P	2008-10-24	2014-12-05
	BARRICK GOLD CORP CUSIP: XXX-XX-XXXX	P	2008-10-24	2014-04-22
	CANADIAN NATURAL RESOURCES LIMITED C	P	2012-02-14	2014-01-31
	CANADIAN NATURAL RESOURCES LIMITED C	P	2012-12-13	2014-08-27
	CITIGROUP INC CUSIP: XXX-XX-XXXX	P	2009-12-17	2014-12-15
	HARTFORD FINANCIAL SERVICES GROUP IN	P	2009-08-05	2014-04-30
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-16	2014-10-24
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-24	2014-12-02
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-07-17	2014-12-02
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-08-29	2014-12-02
	MKS INSTRUMENTS INC CUSIP: 55306N104	P	2011-08-19	2014-07-25
	MCDERMOTT INTL INC CUSIP: XXX-XX-XXXX	P	2013-03-19	2014-12-09
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-08-08	2014-08-18
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-08-23	2014-12-17
	PMC-SIERRA INC CUSIP: 69344F106	P	2011-12-08	2014-01-22
	PRIVATEBANCORP INC CUSIP: XXX-XX-XXXX	P	2011-07-28	2014-01-21
	TESORO CORP CUSIP: XXX-XX-XXXX	P	2013-11-08	2014-08-22
	WILLIS GROUP HOLDINGS PLC CUSIP: G96	P	2012-12-03	2014-02-13
	ARC COMMON STOCK: ARCP	P	2013-01-09	2014-12-09
	FEDL NATL MTG ASSN DUE 10/15/14 CUSI	P	2007-08-07	2014-10-15
	US TREASURY NOTE DUE 8/15/23 CUSIP:	P	2013-09-05	2014-01-27
	BED BATH & BEYOND INC CUSIP: 0758961	P	2010-04-23	2014-03-21
	CVS CAREMARK CORP CUSIP: XXX-XX-XXXX	P	2009-01-09	2014-05-19
	CHECK POINT SOFTWARE TECHNOLOGIES LT	P	2013-06-24	2014-09-24
	FOREST LABORATORIES CUSIP: 34STK8106	P	2006-05-31	2014-07-01
	JUNIPER NETWORKS INC CUSIP: 48203R10	P	2010-04-23	2014-10-22
	NETAPP INC CUSIP: 64110D104	P	2012-06-15	2014-06-23
	RIVERBED TECHNOLOGY INC CUSIP: 76857	P	2013-07-31	2014-02-25
	THERMO FISHER SCIENTIFIC INC CUSIP:	P	2010-06-10	2014-03-27
	ANGLOGOLD ASHANTI LTD CUSIP: 0351282	P	2008-06-25	2014-03-18
	APACHE CORP CUSIP: XXX-XX-XXXX	P	2010-05-06	2014-12-05
	BARRICK GOLD CORP CUSIP: XXX-XX-XXXX	P	2008-10-28	2014-04-22
	CANADIAN NATURAL RESOURCES LIMITED C	P	2012-02-14	2014-01-31
	CENTURYLINK INC CUSIP: XXX-XX-XXXX	P	2013-11-07	2014-04-10
	DELPHI AUTOMOTIVE PLC CUSIP: G278231	P	2017-11-17	2014-04-01
	HARTFORD FINANCIAL SERVICES GROUP IN	P	2009-08-05	2014-04-30
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-16	2014-10-24
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-25	2014-12-02
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-07-18	2014-12-02
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-09-02	2014-12-02
	MKS INSTRUMENTS INC CUSIP: 55306N104	P	2011-08-22	2014-07-25
	MCDERMOTT INTL INC CUSIP: XXX-XX-XXXX	P	2013-05-09	2014-12-09
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-08-08	2014-08-19
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-08-26	2014-12-17
	PMC-SIERRA INC CUSIP: 69344F106	P	2011-12-08	2014-01-22
	PRIVATEBANCORP INC CUSIP: XXX-XX-XXXX	P	2011-07-28	2014-04-01
	TESORO CORP CUSIP: XXX-XX-XXXX	P	2014-05-08	2014-08-22
	WILLIS GROUP HOLDINGS PLC CUSIP: G96	P	2012-11-30	2014-02-14
	ARC PREFERRED STOCK: ARCPP	P	2013-01-09	2014-12-09
	FEDL NATL MTG ASSN DUE 10/15/14 CUSI	P	2009-03-27	2014-10-15
	US TREASURY NOTE DUE 8/15/23 CUSIP:	P	2013-09-05	2014-05-19
	BED BATH & BEYOND INC CUSIP: 0758961	P	2014-01-17	2014-03-21
	CVS CAREMARK CORP CUSIP: XXX-XX-XXXX	P	2009-05-28	2014-05-19
	CHECK POINT SOFTWARE TECHNOLOGIES LT	P	2013-06-24	2014-09-29
	FOREST LABORATORIES CUSIP: 34STK8106	P	2010-02-11	2014-07-01
	JUNIPER NETWORKS INC CUSIP: 48203R10	P	2011-11-10	2014-10-22
	NETAPP INC CUSIP: 64110D104	P	2013-05-28	2014-06-23
	RIVERBED TECHNOLOGY INC CUSIP: 76857	P	2013-07-31	2014-02-27
	AMERICAN INTL GROUP INC CUSIP: 02687	P	2012-05-07	2014-07-25
	ANGLOGOLD ASHANTI LTD CUSIP: 0351282	P	2008-06-25	2014-03-18
	APACHE CORP CUSIP: XXX-XX-XXXX	P	2010-05-06	2014-12-05
	BARRICK GOLD CORP CUSIP: XXX-XX-XXXX	P	2009-09-10	2014-04-22
	CANADIAN NATURAL RESOURCES LIMITED C	P	2012-03-12	2014-01-31
	CENTURYLINK INC CUSIP: XXX-XX-XXXX	P	2013-11-07	2014-04-11
	DELPHI AUTOMOTIVE PLC CUSIP: G278231	P	2017-11-17	2014-08-07
	HARTFORD FINANCIAL SERVICES GROUP IN	P	2009-08-05	2014-04-30
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-17	2014-10-27
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-26	2014-12-02
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-07-21	2014-12-02
	LSI CORP CUSIP: XXX-XX-XXXX	P	2013-02-26	2014-01-14
	MKS INSTRUMENTS INC CUSIP: 55306N104	P	2011-09-01	2014-07-25
	MCDERMOTT INTL INC CUSIP: XXX-XX-XXXX	P	2013-05-09	2014-12-30
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-08-08	2014-08-19
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-08-26	2014-12-17
	PMC-SIERRA INC CUSIP: 69344F106	P	2011-12-08	2014-01-31
	PRIVATEBANCORP INC CUSIP: XXX-XX-XXXX	P	2011-07-28	2014-04-02
	TESORO CORP CUSIP: XXX-XX-XXXX	P	2013-11-11	2014-08-25
	WILLIS GROUP HOLDINGS PLC CUSIP: G96	P	2012-11-30	2014-02-14
	US TREASURY NOTE DUE 10/31/14 CUSIP:	P	2013-05-15	2014-09-19
	ACTAVIS PLC CUSIP: G0083B108	P	2002-02-15	2014-07-01
	BIOGEN IDEC INC CUSIP: 09062X103	P	2010-04-23	2014-02-03
	CVS CAREMARK CORP CUSIP: XXX-XX-XXXX	P	2009-11-19	2014-05-19
	CHECK POINT SOFTWARE TECHNOLOGIES LT	P	2013-06-24	2014-10-01
	FOREST LABORATORIES CUSIP: 34STK8106	P	2010-04-23	2014-07-01
	JUNIPER NETWORKS INC CUSIP: 48203R10	P	2011-11-10	2014-10-23
	NETAPP INC CUSIP: 64110D104	P	2013-05-28	2014-06-30
	RIVERBED TECHNOLOGY INC CUSIP: 76857	P	2013-07-31	2014-02-27
	AMERICAN INTL GROUP INC CUSIP: 02687	P	2012-05-07	2014-08-27
	ANGLOGOLD ASHANTI LTD CUSIP: 0351282	P	2008-06-25	2014-03-19
	APACHE CORP CUSIP: XXX-XX-XXXX	P	2010-05-07	2014-12-05
	BARRICK GOLD CORP CUSIP: XXX-XX-XXXX	P	2010-05-07	2014-04-22
	CANADIAN NATURAL RESOURCES LIMITED C	P	2012-03-12	2014-01-31
	CENTURYLINK INC CUSIP: XXX-XX-XXXX	P	2013-11-07	2014-04-14
	DELPHI AUTOMOTIVE PLC CUSIP: G278231	P	2017-11-22	2014-08-07
	HARTFORD FINANCIAL SERVICES GROUP IN	P	2010-05-06	2014-04-30
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-17	2014-10-27
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-27	2014-12-02
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-07-21	2014-12-02
	LSI CORP CUSIP: XXX-XX-XXXX	P	2013-03-18	2014-01-14
	MKS INSTRUMENTS INC CUSIP: 55306N104	P	2011-09-02	2014-07-25
	MCDERMOTT INTL INC CUSIP: XXX-XX-XXXX	P	2013-05-10	2014-12-30
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-08-08	2014-08-20
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-08-27	2014-12-17
	PMC-SIERRA INC CUSIP: 69344F106	P	2011-12-16	2014-01-31
	REINSURANCE GROUP OF AMERICA INC CUS	P	2009-03-10	2014-04-25
	TESORO CORP CUSIP: XXX-XX-XXXX	P	2013-11-11	2014-08-25
	WILLIS GROUP HOLDINGS PLC CUSIP: G96	P	2012-12-03	2014-02-14
	US TREASURY NOTE DUE 10/31/14 CUSIP:	P	2013-05-15	2014-10-31
	AMGEN INC CUSIP: XXX-XX-XXXX	P	2010-04-23	2014-10-17
	BROADCOM CORP CUSIP: XXX-XX-XXXX	P	2007-11-07	2014-06-03
	CAMERON INTL CORP CUSIP: 13342B105	P	2011-06-24	2014-07-30
	CHECK POINT SOFTWARE TECHNOLOGIES LT	P	2013-06-26	2014-10-01
	FOREST LABORATORIES CUSIP: 34STK8106	P	2013-02-15	2014-07-01
	LIBERTY INTERACTIVE CORP SER A CUSIP	P	2014-10-29	2014-10-29
	NETAPP INC CUSIP: 64110D104	P	2013-05-28	2014-07-01
	RIVERBED TECHNOLOGY INC CUSIP: 76857	P	2013-07-31	2014-02-28
	AMERICAN INTL GROUP INC CUSIP: 02687	P	2012-05-08	2014-08-27
	ANGLOGOLD ASHANTI LTD CUSIP: 0351282	P	2008-06-25	2014-03-19
	AVON PRODUCTS INC CUSIP: XXX-XX-XXXX	P	2013-11-06	2014-11-19
	BARRICK GOLD CORP CUSIP: XXX-XX-XXXX	P	2010-05-10	2014-04-22
	CANADIAN NATURAL RESOURCES LIMITED C	P	2012-03-13	2014-01-31
	CENTURYLINK INC CUSIP: XXX-XX-XXXX	P	2013-11-07	2014-04-15
	DELPHI AUTOMOTIVE PLC CUSIP: G278231	P	2017-11-22	2014-08-08
	HARTFORD FINANCIAL SERVICES GROUP IN	P	2010-05-06	2014-05-01
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-17	2014-10-28
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-30	2014-12-02
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-07-21	2014-12-02
	LSI CORP CUSIP: XXX-XX-XXXX	P	2013-03-19	2014-01-14
	MKS INSTRUMENTS INC CUSIP: 55306N104	P	2011-09-06	2014-07-25
	MCDERMOTT INTL INC CUSIP: XXX-XX-XXXX	P	2013-05-10	2014-12-31
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-08-09	2014-08-20
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-12-03	2014-12-17
	PMC-SIERRA INC CUSIP: 69344F106	P	2011-12-16	2014-01-31
	REINSURANCE GROUP OF AMERICA INC CUS	P	2010-05-06	2014-04-25
	TESORO CORP CUSIP: XXX-XX-XXXX	P	2014-05-09	2014-08-25
	WILLIS GROUP HOLDINGS PLC CUSIP: G96	P	2012-12-04	2014-02-18
	FEDL NATL MTG ASSN DUE 12/19/14 CUSI	P	2012-05-21	2014-12-19
	AMGEN INC CUSIP: XXX-XX-XXXX	P	2010-04-23	2014-11-03
	BROADCOM CORP CUSIP: XXX-XX-XXXX	P	2008-10-17	2014-06-03
	CATERPILLAR INC CUSIP: XXX-XX-XXXX	P	2013-04-22	2014-04-25
	COMCAST CORP CUSIP: 20030N200	P	2006-01-06	2014-07-09
	HOME DEPOT INC CUSIP: XXX-XX-XXXX	P	2008-01-14	2014-08-08
	LIBERTY BROADBAND CORP SER C CUSIP:	P	2014-12-16	2014-12-30
	PEPSICO INC CUSIP: XXX-XX-XXXX	P	2008-10-17	2014-04-23
	RIVERBED TECHNOLOGY INC CUSIP: 76857	P	2013-07-31	2014-03-03
	AMERICAN INTL GROUP INC CUSIP: 02687	P	2012-05-08	2014-08-28
	ANGLOGOLD ASHANTI LTD CUSIP: 0351282	P	2008-06-25	2014-03-20
	AVON PRODUCTS INC CUSIP: XXX-XX-XXXX	P	2013-11-06	2014-11-19
	BARRICK GOLD CORP CUSIP: XXX-XX-XXXX	P	2010-05-10	2014-04-23
	CANADIAN NATURAL RESOURCES LIMITED C	P	2012-03-22	2014-01-31
	CENTURYLINK INC CUSIP: XXX-XX-XXXX	P	2013-11-07	2014-05-21
	GENERAL MOTORS COMPANY CUSIP: 37045V	P	2010-11-19	2014-06-30
	HARTFORD FINANCIAL SERVICES GROUP IN	P	2010-05-06	2014-07-25
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-18	2014-10-28
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-07-01	2014-12-02
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-07-28	2014-12-02
	LSI CORP CUSIP: XXX-XX-XXXX	P	2013-03-19	2014-01-24
	MKS INSTRUMENTS INC CUSIP: 55306N104	P	2011-09-12	2014-07-25
	MCDERMOTT INTL INC CUSIP: XXX-XX-XXXX	P	2013-08-06	2014-12-31
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-08-09	2014-08-20
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-12-03	2014-12-17
	PMC-SIERRA INC CUSIP: 69344F106	P	2011-12-16	2014-01-31
	REINSURANCE GROUP OF AMERICA INC CUS	P	2010-05-06	2014-04-25
	TEVA PHARMACEUTICAL INDS LTD CUSIP:	P	2011-06-03	2014-03-19
	WILLIS GROUP HOLDINGS PLC CUSIP: G96	P	2012-12-04	2014-02-18
	JPMORGAN CHASE DUE 1/20/15 CUSIP: 46	P	2010-11-09	2014-07-16
	AMGEN INC CUSIP: XXX-XX-XXXX	P	2010-04-23	2014-11-04
	BROADCOM CORP CUSIP: XXX-XX-XXXX	P	2008-10-17	2014-06-09
	CATERPILLAR INC CUSIP: XXX-XX-XXXX	P	2013-04-22	2014-07-30
	DISNEY WALT COMPANY CUSIP: XXX-XX-XXXX	P	2008-10-17	2014-07-09
	JOHNSON & JOHNSON CUSIP: XXX-XX-XXXX	P	2008-10-17	2014-10-09
	NETAPP INC CUSIP: 64110D104	P	2011-02-24	2014-04-28
	PEPSICO INC CUSIP: XXX-XX-XXXX	P	2010-04-23	2014-04-23
	RIVERBED TECHNOLOGY INC CUSIP: 76857	P	2013-07-31	2014-03-04
	AMERICAN INTL GROUP INC CUSIP: 02687	P	2012-05-08	2014-09-19
	ANGLOGOLD ASHANTI LTD CUSIP: 0351282	P	2008-06-25	2014-03-28
	AVON PRODUCTS INC CUSIP: XXX-XX-XXXX	P	2013-11-07	2014-11-19
	BARRICK GOLD CORP CUSIP: XXX-XX-XXXX	P	2013-02-04	2014-04-23
	CANADIAN NATURAL RESOURCES LIMITED C	P	2012-03-22	2014-04-16
	CENTURYLINK INC CUSIP: XXX-XX-XXXX	P	2013-11-07	2014-05-22
	GENERAL MOTORS COMPANY CUSIP: 37045V	P	2010-11-19	2014-07-01
	HARTFORD FINANCIAL SERVICES GROUP IN	P	2010-05-06	2014-07-28
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-18	2014-10-28
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-07-02	2014-12-02
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-07-31	2014-12-02
	LSI CORP CUSIP: XXX-XX-XXXX	P	2013-04-11	2014-01-27
	MKS INSTRUMENTS INC CUSIP: 55306N104	P	2011-09-21	2014-07-25
	MCDERMOTT INTL INC CUSIP: XXX-XX-XXXX	P	2013-08-07	2014-12-31
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-08-09	2014-08-21
	PMC-SIERRA INC CUSIP: 69344F106	P	2011-12-06	2014-01-13
	PMC-SIERRA INC CUSIP: 69344F106	P	2011-12-16	2014-01-31
	REINSURANCE GROUP OF AMERICA INC CUS	P	2010-05-06	2014-04-25
	TEVA PHARMACEUTICAL INDS LTD CUSIP:	P	2011-06-03	2014-03-19
	WILLIS GROUP HOLDINGS PLC CUSIP: G96	P	2012-12-05	2014-02-18
	US TREASURY NOTE DUE 4/30/15 CUSIP:	P	2013-05-21	2014-10-08
	APPLE INC CUSIP: XXX-XX-XXXX	P	2011-08-05	2014-09-16
	BROADCOM CORP CUSIP: XXX-XX-XXXX	P	2008-10-17	2014-06-11
	CATERPILLAR INC CUSIP: XXX-XX-XXXX	P	2013-04-22	2014-08-01
	EXPRESS SCRIPTS HOLDING CUSIP: 30219	P	2012-07-10	2014-01-22
	JUNIPER NETWORKS INC CUSIP: 48203R10	P	2009-02-02	2014-01-31
	NETAPP INC CUSIP: 64110D104	P	2011-02-24	2014-06-03
	PEPSICO INC CUSIP: XXX-XX-XXXX	P	2010-04-23	2014-04-24
	RIVERBED TECHNOLOGY INC CUSIP: 76857	P	2013-07-31	2014-03-06
	AMERICAN INTL GROUP INC CUSIP: 02687	P	2012-05-14	2014-09-19
	ANGLOGOLD ASHANTI LTD CUSIP: 0351282	P	2008-06-25	2014-04-04
	AVON PRODUCTS INC CUSIP: XXX-XX-XXXX	P	2013-11-07	2014-11-19
	BARRICK GOLD CORP CUSIP: XXX-XX-XXXX	P	2013-02-05	2014-04-23
	CANADIAN NATURAL RESOURCES LIMITED C	P	2012-04-26	2014-04-16
	CENTURYLINK INC CUSIP: XXX-XX-XXXX	P	2013-11-07	2014-08-13
	HARMAN INTL INDS INC CUSIP: 41308610	P	2012-11-19	2014-01-31
	HARTFORD FINANCIAL SERVICES GROUP IN	P	2010-05-06	2014-08-21
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-19	2014-10-28
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-07-02	2014-12-02
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-08-01	2014-12-02
	LSI CORP CUSIP: XXX-XX-XXXX	P	2013-04-11	2014-04-03
	MKS INSTRUMENTS INC CUSIP: 55306N104	P	2011-10-03	2014-07-25
	MCDERMOTT INTL INC CUSIP: XXX-XX-XXXX	P	2014-04-02	2014-12-31
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-08-09	2014-08-22
	PMC-SIERRA INC CUSIP: 69344F106	P	2011-12-06	2014-01-13
	PMC-SIERRA INC CUSIP: 69344F106	P	2011-12-19	2014-01-31
	SANOFI SPON ADR CUSIP: 80105N105	P	2010-05-06	2014-04-09
	TEVA PHARMACEUTICAL INDS LTD CUSIP:	P	2011-06-06	2014-03-19
	WILLIS GROUP HOLDINGS PLC CUSIP: G96	P	2012-12-05	2014-02-19
	US TREASURY NOTE DUE 4/30/15 CUSIP:	P	2014-05-19	2014-10-08
	BED BATH & BEYOND INC CUSIP: 0758961	P	2010-04-23	2014-03-07
	BROADCOM CORP CUSIP: XXX-XX-XXXX	P	2010-04-23	2014-06-11
	CATERPILLAR INC CUSIP: XXX-XX-XXXX	P	2013-04-22	2014-08-04
	EXPRESS SCRIPTS HOLDING CUSIP: 30219	P	2012-07-10	2014-01-23
	JUNIPER NETWORKS INC CUSIP: 48203R10	P	2009-02-19	2014-01-31
	NETAPP INC CUSIP: 64110D104	P	2011-02-25	2014-06-03
	PEPSICO INC CUSIP: XXX-XX-XXXX	P	2010-04-23	2014-05-07
	RIVERBED TECHNOLOGY INC CUSIP: 76857	P	2013-09-06	2014-03-06
	AMERICAN INTL GROUP INC CUSIP: 02687	P	2012-05-15	2014-09-19
	ANGLOGOLD ASHANTI LTD CUSIP: 0351282	P	2008-06-25	2014-04-07
	AVON PRODUCTS INC CUSIP: XXX-XX-XXXX	P	2013-11-08	2014-11-19
	BARRICK GOLD CORP CUSIP: XXX-XX-XXXX	P	2013-02-05	2014-04-23
	CANADIAN NATURAL RESOURCES LIMITED C	P	2012-05-03	2014-04-16
	CENTURYLINK INC CUSIP: XXX-XX-XXXX	P	2013-11-07	2014-08-14
	HARMAN INTL INDS INC CUSIP: 41308610	P	2012-11-19	2014-01-31
	HARTFORD FINANCIAL SERVICES GROUP IN	P	2010-05-06	2014-08-22
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-19	2014-10-28
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-07-07	2014-12-02
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-08-15	2014-12-02
	LSI CORP CUSIP: XXX-XX-XXXX	P	2013-05-01	2014-04-03
	MCDERMOTT INTL INC CUSIP: XXX-XX-XXXX	P	2013-03-12	2014-12-08
	MCDERMOTT INTL INC CUSIP: XXX-XX-XXXX	P	2014-04-03	2014-12-31
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-08-09	2014-11-03
	PMC-SIERRA INC CUSIP: 69344F106	P	2011-12-06	2014-01-14
	PMC-SIERRA INC CUSIP: 69344F106	P	2011-12-19	2014-01-31
	SANOFI SPON ADR CUSIP: 80105N105	P	2010-05-06	2014-04-10
	TEVA PHARMACEUTICAL INDS LTD CUSIP:	P	2011-06-06	2014-03-20
	ZIONS BANCORPORATION CUSIP: 98970110	P	2014-08-28	2014-12-19
	AT&T INC DUE 2/15/17 CUSIP: 00206RBC	P	2012-02-08	2014-07-30
	BED BATH & BEYOND INC CUSIP: 0758961	P	2010-04-23	2014-03-11
	BROADCOM CORP CUSIP: XXX-XX-XXXX	P	2010-04-23	2014-06-16
	CATERPILLAR INC CUSIP: XXX-XX-XXXX	P	2013-05-17	2014-08-04
	EXPRESS SCRIPTS HOLDING CUSIP: 30219	P	2012-07-10	2014-01-24
	JUNIPER NETWORKS INC CUSIP: 48203R10	P	2009-02-19	2014-02-03
	NETAPP INC CUSIP: 64110D104	P	2011-02-25	2014-06-09
	PEPSICO INC CUSIP: XXX-XX-XXXX	P	2010-04-23	2014-05-15
	RIVERBED TECHNOLOGY INC CUSIP: 76857	P	2013-09-06	2014-03-07
	AMERICAN INTL GROUP INC CUSIP: 02687	P	2012-05-15	2014-12-03
	ANGLOGOLD ASHANTI LTD CUSIP: 0351282	P	2008-06-25	2014-04-08
	AVON PRODUCTS INC CUSIP: XXX-XX-XXXX	P	2013-11-11	2014-11-20
	CALIFORNIA RESOURCES CORP CUSIP: 130	P	2014-12-01	2014-12-02
	CANADIAN NATURAL RESOURCES LIMITED C	P	2012-05-04	2014-04-16
	CENTURYLINK INC CUSIP: XXX-XX-XXXX	P	2013-11-07	2014-11-06
	HARMAN INTL INDS INC CUSIP: 41308610	P	2012-11-19	2014-02-12
	IMPAX LABORATORIES INC CUSIP: 45256B	P	2014-04-08	2014-12-23
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-19	2014-10-28
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-07-07	2014-12-02
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-08-18	2014-12-02
	LSI CORP CUSIP: XXX-XX-XXXX	P	2013-05-01	2014-04-03
	MCDERMOTT INTL INC CUSIP: XXX-XX-XXXX	P	2013-03-12	2014-12-08
	MCDERMOTT INTL INC CUSIP: XXX-XX-XXXX	P	2014-04-07	2014-12-31
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-08-09	2014-11-04
	PMC-SIERRA INC CUSIP: 69344F106	P	2011-12-06	2014-01-14
	PACCAR INC CUSIP: XXX-XX-XXXX	P	2011-09-12	2014-02-19
	SANOFI SPON ADR CUSIP: 80105N105	P	2010-05-06	2014-04-17
	VERIFONE SYSTEMS INC CUSIP: 92342Y10	P	2013-12-19	2014-10-07
	ZIONS BANCORPORATION CUSIP: 98970110	P	2014-08-28	2014-12-19
	AT&T INC DUE 2/15/17 CUSIP: 00206RBC	P	2012-02-09	2014-07-30
	BED BATH & BEYOND INC CUSIP: 0758961	P	2010-04-23	2014-03-12
	BROADCOM CORP CUSIP: XXX-XX-XXXX	P	2010-04-23	2014-06-18
	CATERPILLAR INC CUSIP: XXX-XX-XXXX	P	2013-05-17	2014-08-06
	EXPRESS SCRIPTS HOLDING CUSIP: 30219	P	2012-07-10	2014-01-27
	JUNIPER NETWORKS INC CUSIP: 48203R10	P	2009-02-19	2014-02-04
	NETAPP INC CUSIP: 64110D104	P	2011-03-16	2014-06-09
	PEPSICO INC CUSIP: XXX-XX-XXXX	P	2010-04-23	2014-05-19
	RIVERBED TECHNOLOGY INC CUSIP: 76857	P	2013-09-06	2014-03-17
	AMERICAN INTL GROUP INC CUSIP: 02687	P	2012-05-16	2014-12-03
	ANGLOGOLD ASHANTI LTD CUSIP: 0351282	P	2010-05-06	2014-04-08
	AVON PRODUCTS INC CUSIP: XXX-XX-XXXX	P	2013-11-11	2014-11-20
	CALIFORNIA RESOURCES CORP CUSIP: 130	P	2014-12-01	2014-12-05
	CANADIAN NATURAL RESOURCES LIMITED C	P	2012-05-04	2014-06-24
	CENTURYLINK INC CUSIP: XXX-XX-XXXX	P	2013-11-08	2014-11-06
	HARMAN INTL INDS INC CUSIP: 41308610	P	2012-11-29	2014-02-12
	IMPAX LABORATORIES INC CUSIP: 45256B	P	2014-04-10	2014-12-23
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-19	2014-10-29
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-07-08	2014-12-02
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-08-20	2014-12-02
	LSI CORP CUSIP: XXX-XX-XXXX	P	2013-05-01	2014-04-03
	MCDERMOTT INTL INC CUSIP: XXX-XX-XXXX	P	2013-03-13	2014-12-08
	MCDERMOTT INTL INC CUSIP: XXX-XX-XXXX	P	2014-04-08	2014-12-31
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-08-09	2014-11-05
	PMC-SIERRA INC CUSIP: 69344F106	P	2011-12-06	2014-01-14
	PACCAR INC CUSIP: XXX-XX-XXXX	P	2011-09-12	2014-02-20
	SANOFI SPON ADR CUSIP: 80105N105	P	2010-05-06	2014-04-22
	VERIFONE SYSTEMS INC CUSIP: 92342Y10	P	2013-12-19	2014-10-08
	ZIONS BANCORPORATION CUSIP: 98970110	P	2014-08-28	2014-12-19
	CVS CAREMARK CORP DUE 6/1/17 CUSIP:	P	2012-04-30	2014-09-08
	BED BATH & BEYOND INC CUSIP: 0758961	P	2010-04-23	2014-03-13
	BROADCOM CORP CUSIP: XXX-XX-XXXX	P	2011-05-10	2014-06-18
	CATERPILLAR INC CUSIP: XXX-XX-XXXX	P	2013-08-28	2014-08-06
	FACEBOOK INC CUSIP: 30303M102	P	2013-04-23	2014-01-28
	JUNIPER NETWORKS INC CUSIP: 48203R10	P	2009-02-19	2014-02-25
	NETAPP INC CUSIP: 64110D104	P	2011-03-16	2014-06-12
	PEPSICO INC CUSIP: XXX-XX-XXXX	P	2010-04-23	2014-05-20
	RIVERBED TECHNOLOGY INC CUSIP: 76857	P	2013-09-18	2014-03-17
	AMERICAN INTL GROUP INC CUSIP: 02687	P	2012-09-11	2014-12-03
	AON PLC CUSIP: G0408V102	P	2008-12-24	2014-12-09
	AVON PRODUCTS INC CUSIP: XXX-XX-XXXX	P	2014-04-24	2014-11-20
	CANADIAN NATURAL RESOURCES LIMITED C	P	2012-03-13	2014-01-30
	CANADIAN NATURAL RESOURCES LIMITED C	P	2012-05-16	2014-06-24
	CENTURYLINK INC CUSIP: XXX-XX-XXXX	P	2013-11-08	2014-11-06
	HARMAN INTL INDS INC CUSIP: 41308610	P	2012-11-29	2014-02-12
	INTL GAME TECHNOLOGY CUSIP: 45990210	P	2014-06-10	2014-07-16
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-06-23	2014-10-29
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-07-08	2014-12-02
	KEY ENERGY SERVICES INC CUSIP: 49291	P	2014-08-20	2014-12-02
	LSI CORP CUSIP: XXX-XX-XXXX	P	2013-05-02	2014-04-03
	MCDERMOTT INTL INC CUSIP: XXX-XX-XXXX	P	2013-03-13	2014-12-09
	MCDERMOTT INTL INC CUSIP: XXX-XX-XXXX	P	2014-04-11	2014-12-31
	NORWEGIAN CRUISE LINE HOLDINGS LTD C	P	2013-08-09	2014-11-06
	PMC-SIERRA INC CUSIP: 69344F106	P	2011-12-06	2014-01-15
	PACCAR INC CUSIP: XXX-XX-XXXX	P	2011-09-13	2014-02-20
	SANOFI SPON ADR CUSIP: 80105N105	P	2010-05-11	2014-04-22
	WILLIS GROUP HOLDINGS PLC CUSIP: G96	P	2012-11-30	2014-02-12
	ZIONS BANCORPORATION CUSIP: 98970110	P	2014-08-29	2014-12-19

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	150,000	154,133	-4,133
b	84,415	76,536	7,879
c	4,334	3,010	1,324
d	8,363	7,389	974
e	1,468	507	961
	19,283	8,053	11,230
	3,381	2,223	1,158
	5,508	7,286	-1,778
	6,352	4,695	1,657
	3,994	3,187	807
	10,977	6,545	4,432
	12,173	6,135	6,038
	1,899	2,982	-1,083
	3,237	3,508	-271
	18,034	11,481	6,553
	11,710	9,305	2,405
	2,685	984	1,701
	6,071	2,562	3,509
	159	440	-281
	309	1,657	-1,348
	140	603	-463
	6,391	5,041	1,350
	1,478	5,574	-4,096
	11,938	9,753	2,185
	4,456	3,097	1,359
	658	557	101
	3,017	1,184	1,833
	19,267	14,880	4,387
	4,144	3,444	700
	2,824	2,932	-108
	40,000	42,056	-2,056
	79,526	79,501	25
	3,935	2,771	1,164
	1,448	1,276	172
	14,063	4,500	9,563
	6,418	7,603	-1,185
	4,325	2,819	1,506
	3,024	3,949	-925
	10,299	7,613	2,686
	8,358	6,673	1,685
	878	1,575	-697
	5,083	3,793	1,290
	3,438	5,370	-1,932
	6,474	6,798	-324
	4,314	2,859	1,455
	1,932	1,551	381
	10,739	3,924	6,815
	30,357	6,390	23,967
	952	2,663	-1,711
	464	2,480	-2,016
	140	604	-464
	9,587	6,633	2,954
	591	2,244	-1,653
	21,931	15,369	6,562
	8,912	6,107	2,805
	657	557	100
	6,034	2,370	3,664
	25,736	19,840	5,896
	4,155	3,458	697
	265,419	238,000	27,419
	76,878	76,857	21
	75,091	73,025	2,066
	4,167	2,914	1,253
	7,204	6,325	879
	3,032	2,109	923
	4,107	4,566	-459
	7,307	5,445	1,862
	3,744	3,185	559
	9,788	7,286	2,502
	3,168	1,860	1,308
	3,532	6,301	-2,769
	15,248	10,211	5,037
	5,101	7,980	-2,879
	9,764	10,989	-1,225
	12,943	8,565	4,378
	2,120	1,288	832
	21,478	7,882	13,596
	2,522	5,880	-3,358
	2,696	7,363	-4,667
	464	2,480	-2,016
	28	122	-94
	3,199	2,199	1,000
	591	2,211	-1,620
	23,369	14,778	8,591
	8,912	6,167	2,745
	4,661	3,867	794
	6,034	2,372	3,662
	12,887	9,905	2,982
	8,288	6,874	1,414
	126,000	103,246	22,754
	75,000	75,000
	102,519	99,028	3,491
	2,460	1,720	740
	10,824	9,537	1,287
	9,147	6,475	2,672
	513	540	-27
	6,506	9,749	-3,243
	6,413	5,452	961
	8,700	6,243	2,457
	7,080	3,406	3,674
	878	1,488	-610
	3,064	3,404	-340
	3,506	4,082	-576
	16,273	18,298	-2,025
	8,629	5,703	2,926
	10,571	6,440	4,131
	3,043	1,360	1,683
	1,079	2,548	-1,469
	77	433	-356
	464	2,521	-2,057
	14	61	-47
	6,304	4,398	1,906
	4,139	15,420	-11,281
	6,738	6,024	714
	4,456	3,175	1,281
	4,661	3,838	823
	6,062	2,372	3,690
	12,887	9,905	2,982
	8,291	6,906	1,385
	67,176	76,650	-9,474
	110,000	106,451	3,549
	64,827	63,406	1,421
	3,475	2,437	1,038
	1,603	550	1,053
	1,732	1,233	499
	19,766	20,633	-867
	9,439	14,249	-4,810
	7,724	6,677	1,047
	1,264	909	355
	2,112	923	1,189
	3,829	5,953	-2,124
	12,328	18,979	-6,651
	8,766	9,320	-554
	16,276	18,314	-2,038
	3,396	3,176	220
	20,757	6,407	14,350
	3,580	1,600	1,980
	2,882	6,794	-3,912
	618	3,468	-2,850
	1,854	8,787	-6,933
	98	429	-331
	3,152	2,226	926
	591	1,920	-1,329
	7,460	6,627	833
	2,230	1,585	645
	8,656	7,076	1,580
	9,242	3,559	5,683
	6,417	5,358	1,059
	8,321	6,874	1,447
	185,774	170,084	15,690
	115,000	126,644	-11,644
	42,246	40,396	1,850
	2,453	2,403	50
	10,685	4,109	6,576
	8,847	6,312	2,535
	642	465	177
	3,179	3,821	-642
	354	376	-22
	1,843	1,326	517
	37,935	21,811	16,124
	4,784	7,442	-2,658
	30,519	46,791	-16,272
	1,753	3,770	-2,017
	9,766	10,387	-621
	1,174	1,112	62
	13,530	4,272	9,258
	10,744	4,800	5,944
	679	1,760	-1,081
	618	3,503	-2,885
	983	4,813	-3,830
	17,050	10,533	6,517
	3,152	2,256	896
	3,601	11,523	-7,922
	10,107	9,037	1,070
	2,228	1,585	643
	2,605	2,193	412
	6,218	2,372	3,846
	6,503	4,988	1,515
	8,321	6,915	1,406
	75,020	75,005	15
	179	26	153
	29,374	5,078	24,296
	840	340	500
	1,840	1,331	509
	45,565	29,801	15,764
	12,892	15,283	-2,391
	9,368	9,632	-264
	5,673	4,082	1,591
	11,222	6,232	4,990
	1,875	2,977	-1,102
	9,155	14,336	-5,181
	8,766	21,950	-13,184
	16,112	17,311	-1,199
	6,753	6,352	401
	33,826	9,872	23,954
	537	386	151
	4,750	12,276	-7,526
	309	1,763	-1,454
	983	4,823	-3,840
	24,200	15,069	9,131
	6,304	4,456	1,848
	1,500	4,712	-3,212
	2,697	2,410	287
	4,460	3,124	1,336
	651	508	143
	22,775	6,778	15,997
	13,006	9,977	3,029
	4,152	3,457	695
	75,000	75,000
	56,248	24,938	31,310
	6,027	5,576	451
	6,364	4,000	2,364
	11,315	8,355	2,960
	1,925	1,909	16
	12		12
	13,114	13,507	-393
	4,107	2,980	1,127
	11,222	6,328	4,894
	1,872	2,977	-1,105
	1,902	3,539	-1,637
	7,013	17,157	-10,144
	3,222	3,451	-229
	3,899	3,652	247
	13,514	3,949	9,565
	3,581	2,574	1,007
	983	2,640	-1,657
	1,699	9,855	-8,156
	1,236	5,512	-4,276
	1,100	674	426
	3,152	2,184	968
	3,200	10,367	-7,167
	6,760	6,107	653
	2,230	1,688	542
	1,295	1,012	283
	7,581	4,837	2,744
	6,480	5,298	1,182
	4,151	3,458	693
	150,000	150,914	-914
	28,462	10,386	18,076
	7,019	2,769	4,250
	16,353	12,614	3,739
	7,583	2,501	5,082
	17,883	5,533	12,350
	1,400		1,400
	10,321	6,607	3,714
	3,270	2,205	1,065
	16,714	9,492	7,222
	1,830	2,977	-1,147
	4,755	8,829	-4,074
	5,312	12,868	-7,556
	3,224	3,399	-175
	7,435	6,352	1,083
	10,875	10,085	790
	17,637	12,868	4,769
	663	1,774	-1,111
	232	1,372	-1,140
	1,544	7,170	-5,626
	25,300	15,508	9,792
	3,152	2,249	903
	2,909	7,012	-4,103
	7,417	6,717	700
	4,477	3,375	1,102
	1,295	1,017	278
	9,869	6,288	3,581
	5,067	5,030	37
	8,303	6,921	1,382
	76,202	79,793	-3,591
	22,117	8,098	14,019
	10,266	3,800	6,466
	8,620	6,626	1,994
	12,558	3,668	8,890
	22,763	14,077	8,686
	6,719	9,891	-3,172
	9,383	7,107	2,276
	3,136	2,116	1,020
	22,148	12,656	9,492
	1,766	2,977	-1,211
	3,804	7,034	-3,230
	8,854	16,165	-7,311
	3,995	3,399	596
	3,724	3,176	548
	3,691	3,362	329
	6,523	4,761	1,762
	3,932	10,642	-6,710
	155	902	-747
	842	3,700	-2,858
	4,404	2,603	1,801
	6,304	4,484	1,820
	1,455	3,381	-1,926
	3,383	3,053	330
	1,277	1,103	174
	2,605	2,024	581
	15,180	9,674	5,506
	10,134	10,050	84
	4,151	3,491	660
	101,363	101,261	102
	18,302	9,749	8,553
	4,965	1,837	3,128
	9,520	7,584	1,936
	10,069	7,438	2,631
	2,448	1,298	1,150
	2,617	3,601	-984
	10,779	8,140	2,639
	964	700	264
	11,074	6,261	4,813
	1,763	2,977	-1,214
	15,215	28,060	-12,845
	1,766	3,234	-1,468
	7,990	6,611	1,379
	32,496	25,409	7,087
	5,184	1,852	3,332
	14,551	10,294	4,257
	331	887	-556
	464	2,715	-2,251
	140	612	-472
	27,724	16,271	11,453
	9,457	6,442	3,015
	8,582	20,848	-12,266
	2,032	1,832	200
	1,281	1,103	178
	651	508	143
	36,950	22,090	14,860
	5,072	5,007	65
	12,500	10,472	2,028
	139,054	139,042	12
	2,967	2,054	913
	9,740	9,080	660
	7,980	6,307	1,673
	10,118	7,493	2,625
	2,366	1,298	1,068
	3,354	4,770	-1,416
	11,725	8,722	3,003
	3,486	2,582	904
	11,074	6,205	4,869
	354	595	-241
	8,559	15,790	-7,231
	7,065	13,001	-5,936
	7,990	6,670	1,320
	8,093	6,352	1,741
	15,553	5,575	9,978
	7,623	5,404	2,219
	989	2,662	-1,673
	309	1,810	-1,501
	562	2,398	-1,836
	6,654	3,818	2,836
	4,357	16,462	-12,105
	3,200	7,790	-4,590
	7,816	6,107	1,709
	647	543	104
	1,300	1,017	283
	26,408	15,779	10,629
	5,024	5,007	17
	5,649	5,818	-169
	45,388	44,946	442
	4,514	3,106	1,408
	9,795	8,976	819
	7,374	6,400	974
	10,325	7,714	2,611
	107	60	47
	5,666	8,334	-2,668
	9,932	7,430	2,502
	4,038	3,023	1,015
	5,493	3,102	2,391
	1,457	2,381	-924
	950	1,733	-783
	2,587	2,751	-164
	3,995	3,157	838
	17,565	14,292	3,273
	5,252	1,858	3,394
	9,333	7,199	2,134
	1,657	4,420	-2,763
	1,236	7,234	-5,998
	140	604	-464
	7,763	4,483	3,280
	5,834	21,950	-16,116
	2,036	4,789	-2,753
	19,506	15,267	4,239
	1,941	1,654	287
	6,211	3,471	2,740
	5,242	3,156	2,086
	10,563	7,302	3,261
	5,649	5,829	-180
	30,259	30,007	252
	4,214	2,914	1,300
	4,570	4,205	365
	12,832	11,134	1,698
	20,363	15,317	5,046
	988	552	436
	71	94	-23
	10,120	7,624	2,496
	3,927	3,008	919
	16,479	9,275	7,204
	1,821	3,994	-2,173
	1,899	3,464	-1,565
	126	154	-28
	4,491	3,157	1,334
	1,952	1,551	401
	7,879	2,952	4,927
	15,555	12,094	3,461
	331	887	-556
	155	886	-731
	140	605	-465
	11,090	6,383	4,707
	291	1,115	-824
	291	689	-398
	11,661	9,160	2,501
	5,178	4,411	767
	6,210	3,471	2,739
	7,976	4,734	3,242
	28,963	20,515	8,448
	5,649	5,831	-182
	15,346	16,582	-1,236
	4,275	2,962	1,313
	1,421	1,243	178
	4,345	3,510	835
	2,739	1,306	1,433
	7,619	4,162	3,457
	3,075	4,043	-968
	3,949	2,972	977
	198	158	40
	10,986	6,545	4,441
	9,753	4,908	4,845
	1,899	2,979	-1,080
	3,237	3,451	-214
	13,471	8,740	4,731
	7,841	6,203	1,638
	10,505	3,926	6,579
	87,999	74,628	13,371
	2,314	6,162	-3,848
	2,935	16,866	-13,931
	140	605	-465
	3,327	1,927	1,400
	887	3,331	-2,444
	3,345	7,875	-4,530
	784	611	173
	658	543	115
	6,209	3,592	2,617
	5,318	3,264	2,054
	4,166	3,458	708
	8,473	8,733	-260

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			-4,133
b			7,879
c			1,324
d			974
e			961
			11,230
			1,158
			-1,778
			1,657
			807
			4,432
			6,038
			-1,083
			-271
			6,553
			2,405
			1,701
			3,509
			-281
			-1,348
			-463
			1,350
			-4,096
			2,185
			1,359
			101
			1,833
			4,387
			700
			-108
			-2,056
			25
			1,164
			172
			9,563
			-1,185
			1,506
			-925
			2,686
			1,685
			-697
			1,290
			-1,932
			-324
			1,455
			381
			6,815
			23,967
			-1,711
			-2,016
			-464
			2,954
			-1,653
			6,562
			2,805
			100
			3,664
			5,896
			697
			27,419
			21
			2,066
			1,253
			879
			923
			-459
			1,862
			559
			2,502
			1,308
			-2,769
			5,037
			-2,879
			-1,225
			4,378
			832
			13,596
			-3,358
			-4,667
			-2,016
			-94
			1,000
			-1,620
			8,591
			2,745
			794
			3,662
			2,982
			1,414
			22,754

			3,491
			740
			1,287
			2,672
			-27
			-3,243
			961
			2,457
			3,674
			-610
			-340
			-576
			-2,025
			2,926
			4,131
			1,683
			-1,469
			-356
			-2,057
			-47
			1,906
			-11,281
			714
			1,281
			823
			3,690
			2,982
			1,385
			-9,474
			3,549
			1,421
			1,038
			1,053
			499
			-867
			-4,810
			1,047
			355
			1,189
			-2,124
			-6,651
			-554
			-2,038
			220
			14,350
			1,980
			-3,912
			-2,850
			-6,933
			-331
			926
			-1,329
			833
			645
			1,580
			5,683
			1,059
			1,447
			15,690
			-11,644
			1,850
			50
			6,576
			2,535
			177
			-642
			-22
			517
			16,124
			-2,658
			-16,272
			-2,017
			-621
			62
			9,258
			5,944
			-1,081
			-2,885
			-3,830
			6,517
			896
			-7,922
			1,070
			643
			412
			3,846
			1,515
			1,406
			15
			153
			24,296
			500
			509
			15,764
			-2,391
			-264
			1,591
			4,990
			-1,102
			-5,181
			-13,184
			-1,199
			401
			23,954
			151
			-7,526
			-1,454
			-3,840
			9,131
			1,848
			-3,212
			287
			1,336
			143
			15,997
			3,029
			695

			31,310
			451
			2,364
			2,960
			16
			12
			-393
			1,127
			4,894
			-1,105
			-1,637
			-10,144
			-229
			247
			9,565
			1,007
			-1,657
			-8,156
			-4,276
			426
			968
			-7,167
			653
			542
			283
			2,744
			1,182
			693
			-914
			18,076
			4,250
			3,739
			5,082
			12,350
			1,400
			3,714
			1,065
			7,222
			-1,147
			-4,074
			-7,556
			-175
			1,083
			790
			4,769
			-1,111
			-1,140
			-5,626
			9,792
			903
			-4,103
			700
			1,102
			278
			3,581
			37
			1,382
			-3,591
			14,019
			6,466
			1,994
			8,890
			8,686
			-3,172
			2,276
			1,020
			9,492
			-1,211
			-3,230
			-7,311
			596
			548
			329
			1,762
			-6,710
			-747
			-2,858
			1,801
			1,820
			-1,926
			330
			174
			581
			5,506
			84
			660
			102
			8,553
			3,128
			1,936
			2,631
			1,150
			-984
			2,639
			264
			4,813
			-1,214
			-12,845
			-1,468
			1,379
			7,087
			3,332
			4,257
			-556
			-2,251
			-472
			11,453
			3,015
			-12,266
			200
			178
			143
			14,860
			65
			2,028
			12
			913
			660
			1,673
			2,625
			1,068
			-1,416
			3,003
			904
			4,869
			-241
			-7,231
			-5,936
			1,320
			1,741
			9,978
			2,219
			-1,673
			-1,501
			-1,836
			2,836
			-12,105
			-4,590
			1,709
			104
			283
			10,629
			17
			-169
			442
			1,408
			819
			974
			2,611
			47
			-2,668
			2,502
			1,015
			2,391
			-924
			-783
			-164
			838
			3,273
			3,394
			2,134
			-2,763
			-5,998
			-464
			3,280
			-16,116
			-2,753
			4,239
			287
			2,740
			2,086
			3,261
			-180
			252
			1,300
			365
			1,698
			5,046
			436
			-23
			2,496
			919
			7,204
			-2,173
			-1,565
			-28
			1,334
			401
			4,927
			3,461
			-556
			-731
			-465
			4,707
			-824
			-398
			2,501
			767
			2,739
			3,242
			8,448
			-182
			-1,236
			1,313
			178
			835
			1,433
			3,457
			-968
			977
			40
			4,441
			4,845
			-1,080
			-214
			4,731
			1,638
			6,579
			13,371
			-3,848
			-13,931
			-465
			1,400
			-2,444
			-4,530
			173
			115
			2,617
			2,054
			708
			-260

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	541,204
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	64,371

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	643,799	15,580,545	0.041321
2012	681,630	14,092,252	0.048369
2011	684,829	13,940,173	0.049126
2010	653,842	13,223,239	0.049446
2009	780,880	12,763,077	0.061183

2	Total of line 1, column (d) ......................	2	0.249445
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	0.049889
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	17,036,270
5	Multiply line 4 by line 3.......................	5	849,922
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	6,820
7	Add lines 5 and 6.........................	7	856,742
8	Enter qualifying distributions from Part XII, line 4..............	8	723,966
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	13,641
	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
3	Add lines 1 and 2...........................	3	13,641
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	13,641
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	17,600
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	17,600
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
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	3,959
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax3,959	Refunded	11

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 .

Yes

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

OTTOANDEDNANEELYFOUNDATION.ORG

The books are in care of bullet

GREGORY L BAMFORD Telephone no. bullet

(602) 818-2997

Located at bullet

325 S HIGLEY RD STE 110GILBERTAZ ZIP+4 bullet

85296

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
CLIFFORD W SAYLOR	PRESIDENT/DI 2.00	24,000	0	0
325 S HIGLEY RD STE 110 GILBERT,AZ85296	PRESIDENT/DI 2.00	24,000	0	0
GREGORY L BAMFORD	SECRETARY/TR 2.00	24,000	0	0
325 S HIGLEY RD STE 110 GILBERT,AZ85296	SECRETARY/TR 2.00	24,000	0	0
NORMAN L KNOX	VICE-PRESIDE 2.00	6,000	0	0
325 S HIGLEY RD STE 110 GILBERT,AZ85296	VICE-PRESIDE 2.00	6,000	0	0
STEVEN D TODD	DIRECTOR 2.00	6,000	0	0
325 S HIGLEY RD STE 110 GILBERT,AZ85296	DIRECTOR 2.00	6,000	0	0
WALTER DELECKI	DIRECTOR 2.00	6,000	0	0
325 S HIGLEY RD STE 110 GILBERT,AZ85296	DIRECTOR 2.00	6,000	0	0

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

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
STIFEL NICOLAUS & COMPANY INC	INVESTMENT MGT	162,749
ONE FINANCIAL PLAZA 501 N BROADWAY ST LOUIS,MO63102	INVESTMENT MGT	162,749

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	BENEVOLENCE TO PROVIDE SHELTER TO THE INDIGENT.	8,000
2	SCHOLARSHIP FUNDS FOR SCHOOL SUPPLIES AND TUITION, PAID DIRECLTY TO STUDENTS.	2,779
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	N/A
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...................

16,691,792

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

602,122

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

1,792

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

17,295,706

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

17,295,706

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

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

259,436

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

17,036,270

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

851,814

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

851,814

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

13,641

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

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

13,641

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

838,173

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

3,000

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

841,173

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

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

841,173

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 ..........

723,966

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

723,966

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

723,966

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)

	(c) 2013	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7		841,173
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......	711,755
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2014:
a From 2009.......
b From 2010.......
c From 2011.......
d From 2012.......
e From 2013.......
fTotal of lines 3a through e.........
4Qualifying distributions for 2014 from Part
XII, line 4: $ 723,966
a Applied to 2013, but not more than line 2a		711,755
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions).........
d Applied to 2014 distributable amount.....		12,211
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2014.
(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
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........
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......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2013. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2014. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........		828,962
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) .......
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2010....
b Excess from 2011....
c Excess from 2012....
d Excess from 2013....
e Excess from 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 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:

OTTO EDNA NEELY FOUNDATION
325 S HIGLEY RD
GILBERT,AZ85296
(480) 917-0767

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

COMPLETED APPLICATION & REQUIRED ATTACHMENTS

cAny submission deadlines:

NONE

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

NONE

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
ACCEL 10251 N 35TH AVE PHOENIX,AZ85051	NONE	EXEMPT	UNRESTRICTED	5,000
ANDRE HOUSE OF ARIZONA PO BOX 2014 PHOENIX,AZ85001	NONE	EXEMPT	FOOD & CLOTHING FOR POOR & HOMELESS	10,000
ARIZONA ACADEMY OF THE PERFORMING A 950 E REDFIELD RD TEMPE,AZ85283	NONE	EXEMPT	FINE ARTS GRANT	3,750
ARIZONA AG EDUCATIONFFA FOUNDATIO PO BOX 33455 PHOENIX,AZ85067	NONE	EXEMPT	HIRE PART-TIME PARAPROFESSIONAL & SP	39,000
ARIZONA CACTUS PINE GIRL SCOUTS 119 E CORONADO RD PHOENIX,AZ85004	NONE	EXEMPT	UNRESTRICTED	5,000
ARIZONA NATIONAL STOCK SHOW 1826 W MCDOWELL RD PHOENIX,AZ85007	NONE	EXEMPT	UNRESTRICTED	13,000
ARIZONA OUTDOOR ADVENTURES PO BOX 37982 PHOENIX,AZ85069	NONE	EXEMPT	UNRESTRICTED	4,000
ARIZONA STATE UNIVERSITY FOUNDATION PO BOX 2260 TEMPE,AZ85280	NONE	EXEMPT	SCHOLARSHIPS	89,300
ARIZONA ZOOLOGICAL SOCIETY 455 N GALVIN PKWY PHOENIX,AZ85008	NONE	EXEMPT	UNRESTRICTED	5,000
ARIZONANS FOR CHILDREN INC 2435 E JA JOLLA DR TEMPE,AZ85282	NONE	EXEMPT	UNRESTRICTED	5,000
AZFB EDUCATIONAL FARMING COMPANY 325 S HIGLEY RD GILBERT,AZ85296	NONE	EXEMPT	EDUCATIONAL GRANT	8,500
CENTRAL ARIZONA SHELTER SERVICES I 230 S 12TH AVE PHOENIX,AZ85007	NONE	EXEMPT	DENTAL CLINIC	14,000
CHANDLER CHRISTIAN COMMUNITY CENTER PO BOX 591 CHANDLER,AZ85244	NONE	EXEMPT	FOOD BANK FOR POOR & HOMELESS	8,000
CHANDLER SYMPHONY ORCHESTRA PO BOX 6475 CHANDLER,AZ85246	NONE	EXEMPT	FINE ARTS GRANT	5,000
CHILD CRISIS CENTER PO BOX 4114 MESA,AZ85211	NONE	EXEMPT	UNRESTRICTED	4,000
GRACE EFCA 901 E 78TH ST MINNEAPOLIS,MN55420	NONE	EXEMPT	COMPASSION MINISTRY	24,500
FIRST UNITED METHODIST CHURCH OF GI 331 S COOPER RD GILBERT,AZ85233	NONE	EXEMPT	UNRESTRICTED	10,000
GILBERT HISTORICAL SOCIETY PO BOX 1484 GILBERT,AZ85299	NONE	EXEMPT	FAMILY ROOM EXHIBITS	10,000
GILBERT NATIONAL LITTLE LEAUGE PO BOX 1013 GILBERT,AZ85299	NONE	EXEMPT	YOUTH SPORTS	2,000
GILBERT SISTER CITIES INC PO BOX 527 GILBERT,AZ85299	NONE	EXEMPT	STUDENT EXCHANGE PROGRAM	3,000
GRAND CANYON COUNCIL INC 2969 N GREENFIELD ROAD PHOENIX,AZ85016	NONE	EXEMPT	BOY SCOUTS OF AMERICA LOCAL CHAPTER	5,000
GRAND CANYON UNIVERSITY SCHOLARSHIP 5025 N CENTRAL AVE STE 4 PHOENIX,AZ85012	NONE	EXEMPT	SCHOLARSHIPS	7,500
LIDDY SHRIVER SARCOMA INITATIVE 17 BETHEA DR OSSINING,NY10562	NONE	EXEMPT	UNRESTRICTED	500
LOVEFAR PO BOX 1474 WALKERTOWN,NC27051	NONE	EXEMPT	UNRESTRICTED	3,000
MARICOPA COMMUNITY COLLEGE FOUNDATI 2419 W 14TH ST TEMPE,AZ85281	NONE	EXEMPT	SCHOLARSHIPS	61,000
MARICOPA COUNTY FAIR 1826 W MCDOWELL RD PHOENIX,AZ85007	NONE	EXEMPT	MARICOPA COUNTY FAIR LIVESTOCK AUCTI	4,829
MESA ARTS CENTER FOUNDATION PO BOX 1466 MESA,AZ85211	NONE	EXEMPT	BASIC ARTS LEARNING PROGRAM	5,000
MESA PRESBYTERIAN MINISTRIES INC 161 N MESA DR MESA,AZ85201	NONE	EXEMPT	CHRIST HAVEN PROGRAM	38,000
METROPOLITAN YOUTH SYMPHONY PO BOX 41852 MESA,AZ85274	NONE	EXEMPT	FUND MUSIC LESSONS, MYS REGISTRATION	15,000
NEW LEAF 868 E UNIVERSITY DR MESA,AZ85203	NONE	EXEMPT	LA MESITA - A FAMILY SHELTER	3,250
NEW LIFE CENTER INC PO BOX 5005 GOODYEAR,AZ85338	NONE	EXEMPT	SPONSOR WEEKEND COUNSELOR PROGRAM	3,250
NORTHERN ARIZONA UNIVERSITY FOUNDAT PO BOX 4108 FLAGSTAFF,AZ86011	NONE	EXEMPT	SCHOLARSHIPS	24,500
ONE SMALL STEP INC 2659 FREEDOM PARKWAY 25 CUMMING,GA30041	NONE	EXEMPT	UNRESTRICTED	8,000
PAZ DE CRISTO COMMUNITY CENTER 424 W BROADWAY RD MESA,AZ85210	NONE	EXEMPT	FOOD FOR HOMELESS	4,000
PHOENIX BOY'S CHOIR ASSOCIATION 1131 E MISSOURI AVE PHOENIX,AZ85014	NONE	EXEMPT	FINE ARTS GRANT	10,000
PHOENIX CHILDREN'S HOSPITAL FOUNDAT 1919 E THOMAS RD PHOENIX,AZ85016	NONE	EXEMPT	UNRESTRICTED	7,500
PHOENIX RESCUE MISSION 1801 S 35TH AVENUE PHOENIX,AZ85009	NONE	EXEMPT	UNRESTRICTED	5,000
RYAN HOUSE 110 W MERRELL ST FIRST F PHOENIX,AZ85013	NONE	EXEMPT	UNRESTRICTED	7,500
SALVATION ARMY - CHANDLER PO BOX 250 CHANDLER,AZ85244	NONE	EXEMPT	UNRESTRICTED	4,500
SALVATION ARMY - MESA PO BOX 1120 MESA,AZ85211	NONE	EXEMPT	UNRESTRICTED	4,500
SAVE THE FAMILY FOUNDATION 125 E UNIVERSITY DR MESA,AZ85201	NONE	EXEMPT	UNRESTRICTED	25,000
ST MARY'S FOOD BANK ALLIANCE 2831 N 31ST AVE PHOENIX,AZ85009	NONE	EXEMPT	UNRESTRICTED	8,000
ST VINCENT DE PAUL SOCIETY PO BOX 13600 PHOENIX,AZ85002	NONE	EXEMPT	UNRESTRICTED	14,000
SUNSHINE ACRES CHILDREN'S HOME 3405 N HIGLEY RD MESA,AZ85215	NONE	EXEMPT	UNRESTRICTED	7,000
SYMPHONY OF THE SOUTHWEST 56 S CENTER ST MESA,AZ85210	NONE	EXEMPT	YOUTH SYMPHONY "PETER & THE WOLF" PR	9,000
TEEN CHALLENGE OF ARIZONA INC PO BOX 5966 TUCSON,AZ85703	NONE	EXEMPT	UNRESTRICTED	6,000
UNITED FOOD BANK 358 E JAVELINA ST MESA,AZ85210	NONE	EXEMPT	UNRESTRICTED	8,000
UNIVERSITY OF ARIZONA FOUNDATION 1111 N CHERRY TUCSON,AZ85721	NONE	EXEMPT	SCHOLARSHIPS	12,000
WASTE NOT INC 1700 N GRANITE REEF RD SCOTTSDALE,AZ85257	NONE	EXEMPT	UNRESTRICTED	3,000
VALLEY OF THE SUN YMCA 5725 S SENATOR HWY PRESCOTT,AZ86303	NONE	EXEMPT	YMCA CAMPING SERVICES SCHOLARSHIPS	10,000
YOUNG LIFE PO BOX 520 COLORADO SPRINGS,CO80901	NONE	EXEMPT	YOUNG LIFE - GILBERT/APACHE JUNCTION	15,000
Total ................................. 3a				606,879

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.)
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	139
4 Dividends and interest from securities....			14	328,268
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.....			14	5,420
8 Gain or (loss) from sales of assets other than inventory .............			18	541,204
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aRETURN OF SCHOLARSHIP FUNDS			25	3,000
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				878,031

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

13878,031

(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.)

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

Name of Bond	End of Year Book Value	End of Year Fair Market Value
LILLY ELI & COMPANY DUE 3/6/14 CUSIP
FEDL NATL MTG ASSN DUE 10/15/14 CUSI
FEDL NATL MTG ASSN DUE 12/19/14 CUSI
JPMORGAN CHASE & COMPANY DUE 1/20/15
BP CAPITAL MARKETS PLC 3/10/15 CUSIP	77,897	78,473
AMERICAN EXPRESS CR CORP DUE 6/12/15	105,524	105,578
SYSCO CORP DUE 6/12/15 CUSIP: 871829	74,578	75,072
DIRECTV HOLDINGS LLC DUE 3/1/16 CUSI	85,122	82,086
FEDL NATL MTG ASSN DUE 9/28/16 CUSIP	101,221	101,021
FEDL NATL MTG ASSN DUE 11/15/16 CUSI	76,149	76,011
GENERAL ELECTRIC CAPITAL CORP 1/9/17	80,884	83,821
BERKSHIRE HATHAWAY DUE 1/31/17 CUSIP	77,828	76,082
AT&T INC DUE 2/15/17 CUSIP: 00206RBC	75,018	75,153
INTUIT INC DUE 3/15/17 CUSIP: 461202	110,006	104,406
WELLS FARGO & CO DUE 5/8/17 CUSIP: 9	77,906	76,271
CVS CAREMARK CORP DUE 6/1/17 CUSIP:	26,057	24,280
FEDL HOME LOAN MTG CORP DUE 7/28/17	151,095	149,943
MARATHON OIL CORP DUE 10/1/17 CUSIP:	117,300	110,227
FEDL NATL MTG ASSN DUE 2/8/18 CUSIP:	123,660	123,568
COCA COLA COMPANY DUE 3/15/19 CUSIP:	76,536	84,089
VALERO ENERGY CORP DUE 2/1/20 CUSIP:	87,400	85,058
JPMORGAN CHASE & COMPANY DUE 10/15/2	86,378	86,008
KEYCORP MEDIUM TERM DUE 3/24/21 CUSI	93,289	95,931
BAXTER INTL INC DUE 6/15/23 CUSIP: 0	82,159	84,642
VERIZON COMMUNICATIONS INC DUE 9/15/	92,327	94,964

Name of Stock	End of Year Book Value	End of Year Fair Market Value
NORTHSTAR REALTY CUSIP: 66704R 704	112,000	124,677
ADT CORP CUSIP: 00101J106	23,627	36,230
AMC NETWORKS INC CUSIP: 00164V103	12,380	39,856
AKAMAI TECHNOLOGIES INC CUSIP: 00971	53,383	92,551
AMAZON.COM INC CUSIP: 023135106	82,555	153,934
AMGEN INC CUSIP: 031162100
ANADARKO PETROLEUM CORP CUSIP: 03251	75,432	125,400
ANHEUSER BUSCH INBEV CUSIP: 03524A10	44,526	87,947
APPLE INC CUSIP: 037833100	72,342	110,932
AUTODESK INC CUSIP: 052769106	55,399	115,616
BED BATH & BEYOND INC CUSIP: 0758961
BIOGEN IDEC INC CUSIP: 09062X103	61,387	256,964
BLACKROCK INC CUSIP: 09247X101	66,946	123,716
BRISTOL MYERS SQUIBB CUSIP: 11012210	78,549	96,573
BROADCOM CORP CUSIP: 111320107	57,272	84,104
CME GROUP INC CUSIP: 12572Q105	40,991	59,839
CVS CAREMARK CORP CUSIP: 126650100	61,028	168,350
CABLEVISION SYS CORP CUSIP: 12686C10	32,704	51,600
CAMERON INTL CORP CUSIP: 13342B105	67,892	67,582
CATERPILLAR INC CUSIP: 149123101
CELGENE CORP CUSIP: 151020104	38,937	155,709
CITRIX SYSTEMS INC CUSIP: 177376100	125,811	126,324
COCA COLA COMPANY CUSIP: 191216100	57,844	90,773
COMCAST CORP CUSIP: 20030N200	148,372	442,905
CREE INC CUSIP: 225447101	58,440	40,339
DISNEY WALT COMPANY CUSIP: 254687106	40,321	120,469
DIRECTV CUSIP: 25490A101	14,053	65,459
DOLBY LABORATORIES INC CUSIP: 25659T	48,685	58,859
EMC CORP MASS CUSIP: 268648102	53,817	67,391
EBAY INC CUSIP: 278642103	47,556	115,663
FMC TECHNOLOGIES CUSIP: 30249U101	60,162	53,585
EXPRESS SCRIPTS HOLDING CUSIP: 30219
FACEBOOK INC CUSIP: 30303M102	24,892	84,886
FLUOR CORP CUSIP: 343412102	42,133	56,386
FOREST LABORATORIES INC CUSIP: 34583
FREEPORT MCMORAN COPPER & GOLD CUSIP	18,311	13,502
GENERAL ELECTRIC COMPANY CUSIP: 3696	49,204	61,128
GOOGLE INC CL A CUSIP: 38259P508	42,976	80,130
GOOGLE INC CL C CUSIP: 38259P706	44,429	81,066
GRAINGER WW INC CUSIP: 384802104	79,787	82,584
HOME DEPOT INC CUSIP: 437076102	42,990	137,091
IMMUNOGEN INC CUSIP: 45253H101	17,215	13,048
ISIS PHARMACEUTICALS CUSIP: 46433010	16,466	110,515
JOHNSON & JOHNSON CUSIP: 478160104	60,773	98,714
JUNIPER NETWORKS INC CUSIP: 48203R10
L3 COMMUNICATIONS HOLDINGS CUSIP: 50	58,483	84,561
LIBERTY BROADBAND CORP CL A CUSIP: 5		11,721
LIBERTY BROADBAND CORP CL C CUSIP: 5		23,316
LIBERTY INTERACTIVE CORP CUSIP: 5307	19,568	100,028
LIBERTY INTERACTIVE VENTURES CORP CU		18,219
LIBERTY MEDIA CORP CL A CUSIP: 53122	2,056	33,013
LIBERTY MEDIA CORP CL C CUSIP: 53122	3,964	65,576
LINKEDIN CORP CUSIP: 53578A108	32,631	44,104
MICROSOFT CORP CUSIP: 594918104	52,841	88,301
MONSANTO COMPANY CUSIP: 61166W101	47,230	86,616
NASDAQ OMX GROUP INC CUSIP: 63110310	39,083	70,261
NATIONAL OILWELL VARCO INC CUSIP: 63	23,763	47,182
NETAPP INC CUSIP: 64110D104
NIKE INC CUSIP: 654106103	22,628	52,690
NOW INC CUSIP: 67011P100	2,985	4,914
NUANCE COMMUNICATION INC CUSIP: 6702	29,132	27,199
NUCOR CORP CUSIP: 670346105	56,337	63,029
PALL CORP CUSIP: 696429307	41,027	125,500
PEPSICO INC CUSIP: 713448108
PRECISION CASTPARTS CORP CUSIP: 7401	29,947	31,555
QUALCOMM INC CUSIP: 747525103	31,730	44,970
RED HAT INC CUSIP: 756577102	75,904	102,258
REGENERON PHARMACEUTICALS INC CUSIP:	29,550	41,846
RIVERBED TECHNOLOGY INC CUSIP: 76857
SANDISK CORP CUSIP: 80004C101	33,391	136,584
SCHLUMBERGER LTD CUSIP: 806857108	117,248	135,631
SCHWAB CHARLES CORP CUSIP: 808513105	42,841	73,603
STARS CUSIP: 85571Q102	821	27,799
TARGET CORP CUSIP: 87612E106	87,062	115,004
TEXAS INSTRUMENTS INC CUSIP: 8825081	37,596	75,920
THERMO FISHER SCIENTIFIC INC CUSIP:	33,205	88,580
TOWER WATSON & COMPANY CUSIP: 891894	74,607	80,464
TWENTY FIRST CENTURY FOX INC CUSIP:	55,850	61,947
UNITED PARCEL SERVICE INC CUSIP: 911	54,883	84,489
UNITEDHEALTH GROUP INC CUSIP: 91324P	89,023	245,143
VERTEX PHARMACEUTICALS INC CUSIP: 92	28,820	100,980
VISA INC CUSIP: 92826C839	47,586	167,284
XILINX INC CUSIP: 983919101	33,019	43,853
YUM BRANDS INC CUSIP: 988498101	58,604	62,942
ZOETIS INC CUSIP: 98978V103	50,262	72,376
ACTAVIS PLC CUSIP: G0083B108	32,627	263,073
COVIDEN PLC CUSIP: G2554F113	28,327	67,505
EATON CORP CUSIP: 278058102	67,686	83,387
WEATHERFORD INTL LTD CUSIP: G4883310	137,221	103,348
SEAGATE TECHNOLOGY INC CUSIP: G7945M	42,476	192,518
PENTAIR LTD CUSIP: G7S00T104	12,895	31,815
TYCO INTERNATIONAL LTD CUSIP: G91442	36,127	87,720
TE CONNECTIVITY LTD CUSIP: H84989104	60,305	139,150
CHECK POINT SOFTWARE TECH LTD CUSIP:
AMERICAN INTL GROUP INC CUSIP: 02687	50,872	84,015
ANGLOGOLD ASHANTI LTD CUSIP: 0351282	129,224	27,840
APACHE CORP CUSIP: 037411105	81,657	62,670
AVERY DENNISON CORP CUSIP: 053611109	85,932	90,790
AVON PRODUCTS INC CUSIP: 054303102
BARRICK GOLD CORP CUSIP: 067901108
BIO RAD LABS INC CUSIP: 090572207	146,564	147,686
BRANDYWINE REALTY TRUST CUSIP: 10536	90,885	94,282
CIT GROUP CUSIP: 125581801	96,453	95,660
CA INC CUSIP: 12673P105	107,829	154,991
CANADIAN NATURAL RESOURCES LIMITED C	42,548	43,232
CENTURYLINK INC CUSIP: 156700106
CITI GROUP INC CUSIP: 172967424	149,238	211,029
COHERENT INC CUSIP: 192479103	68,022	72,864
DENBURY RESOURCES INC CUSIP: 2479162	88,356	40,650
EBAY INC CUSIP: 278642103	80,994	89,792
EXPRESS INC CUSIP: 30219E103	91,248	73,450
FBR & COMPANY CUSIP: 30247C301	115,709	128,802
FORD MOTOR COMPANY CUSIP: 345370860	70,423	72,850
GENERAL MOTORS COMPANY CUSIP: 37045V	144,275	174,550
HARMAN INTL INDS INC CUSIP: 41308610
HARTFORD FINANCIAL SERVICES GROUP IN	78,778	183,019
IMPAX LABORATORIES INC CUSIP: 45256B	44,035	57,024
INTERPUBLIC GROUP COMPANY INC CUSIP:	58,291	153,698
JPMORGAN CHASE & COMPANY CUSIP: 4662	85,897	131,418
LSI CORP CUSIP: 502161102
LOEWS CORP CUSIP: 540424108	72,012	88,242
MKS INSTRUMENTS INC CUSIP: 55306N104
MCDERMOTT INTL INC CUSIP: 580037109
MICROSOFT CORP CUSIP: 594918104	105,795	171,865
NRG ENERGY INC CUSIP: 629377508	104,613	105,105
OCCIDENTAL PETROLEUM CORP CUSIP: 674	80,449	76,580
ORACLE CORP CUSIP: 68389X105	120,772	166,389
PMC-SIERRA INC CUSIP: 69344F106
PACCAR INC CUSIP: 693718108	49,189	95,214
PARAMOUNT GROUP INC CUSIP: 69924R108	69,319	70,642
PENNYMAC MORTGAGE INVESTMENT TR CUSI	85,688	80,142
PFIZER INC CUSIP: 717081103	94,233	171,325
PHILLIPS 66 CUSIP: 718546104	84,462	86,040
PRIVATEBANCORP INC CUSIP: 742962103	16,410	46,760
REDWOOD TRUST INC CUSIP: 758075402	38,575	53,190
REINSURANCE GROUP OF AMERICA INC CUS	76,698	133,182
ROYAL DUTCH SHELL PLC CUSIP: 7802592	80,962	80,340
SANOFI SPON ADR CUSIP: 80105N105	107,458	118,586
TALISMAN ENERGY INC CUSIP: 87425E103	235,173	140,157
TARGET CORP CUSIP: 87612E106	101,781	136,638
TERADYNE INC CUSIP: 880770102	140,925	168,215
TESORO CORP CUSIP: 881609101
TEVA PHARMACEUTICALS INDS LTD ADR CU	158,215	218,538
UNUM GROUP CUSIP: 91529Y106	113,978	180,330
VERIFONE SYSTEMS INC CUSIP: 92342Y10	52,253	74,400
VIACOM INC CL B CUSIP: 92553P201	73,239	135,450
ZIONS BANCORPORATION CUSIP: 98970110	55,576	54,169
AON CORP CUSIP: G0408V102	57,206	158,840
DELPHI AUTOMOTIVE PLC CUSIP: G278231
INGERSOLL RAND PLC CUSIP: G47791101	64,899	107,763
NORWEGIAN CRUISE LINE HLDGS LTD CUSI	62,141	86,506
COPA HOLDINGS SA CUSIP: P31076105	37,890	38,865
WILLIS GROUP HOLDINGS CUSIP: G966661

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ATEL GROWTH CAPITAL FUND V	AT COST	152,195	152,195
AMERICAN REALTY CAPITAL TRUST IV	AT COST
GRIFFIN-AMERICAN HEALTHCARE REIT	AT COST

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
EXPENSES
DIRECT SCHOLARSHIPS	1,500		1,500
LIABILITY INSURANCE	1,903	381	1,522
DUES & SUBSCRIPTIONS	60	12	48
WORKER'S COMPENSATION INSURAN	502	100	402
WEBSITE DESIGN & MAINTENANCE	9,608	1,922	7,686
BENEVOLENCE	8,000		8,000
SCHOLARSHIP DINNER	1,279		1,279
MISCELLANEOUS EXPENSES	222	44	178

Description	Revenue And Expenses Per Books	Net Investment Income
LEGAL SETTLEMENT REVENUE	1,893	1,893
ATEL GROWTH CAPTIAL V	3,107	3,107
TENDER PREMIUM RECEIVED	420	420
RETURN OF SCHOLARSHIP FUNDS	3,000

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
CORPORATION COMMISSION FEES	60	12	48
FEDERAL INCOME TAX (CURRENT YEAR	18,471
FOREIGN TAX PAID	3,675	3,675