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
GEORGE & RITA PATTERSON FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 6595   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HARRISBURG, PA17112
A Employer identification number

25-6719662
B Telephone number (see instructions)

(717) 652-9692
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$1,042,276J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 22,346 22,244  
4 Dividends and interest from securities...... 144,432 144,432  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment -62,880
b Gross sales price for all assets on line 6a 12,581,873
7 Capital gain net income (from Part IV, line 2)...  
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........ 103,898 166,676  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 6,378 6,378    
c Other professional fees (attach schedule).... Click to see attachment 20,117 20,117    
17 Interest............... 37 37    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,401      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 27,933 26,532   0
25 Contributions, gifts, grants paid........ 258,000 258,000
26 Total expenses and disbursements. Add lines 24 and 25 285,933 26,532   258,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -182,035
b Net investment income (if negative, enter -0-) 140,144
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............... 2,475 554 553
2 Savings and temporary cash investments.......... 372,244 1,041,318 1,041,318
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) 112,375 Click to see attachment94,534  
b Investments—corporate stock (attach schedule)........ 4,052,537 Click to see attachment3,615,480  
c Investments—corporate bonds (attach schedule)........ 682,656 Click to see attachment175,188  
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)   Click to see attachment405 Click to see attachment405
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,222,287 4,927,479 1,042,276
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 attachment494  
23 Total liabilities (add lines 17 through 22).......... 494 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 5,221,793 4,927,479
30 Total net assets or fund balances (see instructions)...... 5,221,793 4,927,479
31 Total liabilities and net assets/fund balances (see instructions).. 5,222,287 4,927,479
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 5,221,793
2 Enter amount from Part I, line 27a..................... 2 -182,035
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 6,810
4 Add lines 1, 2, and 3.......................... 4 5,046,568
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 119,089
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 4,927,479
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.)
1a
b
c
d
e
(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
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
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  
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 274,307 5,247,370 0.052275
2012 276,417 5,372,812 0.051447
2011 274,148 5,545,596 0.049435
2010 275,343 5,597,659 0.049189
2009 244,971 5,503,285 0.044514
2 Total of line 1, column (d) ...................... 2 0.246860
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 0.049372
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 5,033,942
5 Multiply line 4 by line 3....................... 5 248,536
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,401
7 Add lines 5 and 6......................... 7 249,937
8 Enter qualifying distributions from Part XII, line 4.............. 8 258,000
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 1,401
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  
3 Add lines 1 and 2........................... 3 1,401
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 1,401
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 1,795
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 1,795
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 2
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 10 392
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet392 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletPA
    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 addressbulletN/A
    14
    The books are in care ofbulletMACK GERBERICH & ASSOC PC Telephone no.bullet (717) 652-9692
    Located atbullet5709 LINGLESTOWN ROADHARRISBURGPA ZIP+4bullet17112
    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
     
     
    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
    GEORGE PATTERSON JR TRUSTEE
    0.00     		0 0 0
    7 GRAND ANACAPRI DRIVE
    HENDERSON,NV89011
    NATHANIEL J PATTERSON III TRUSTEE
    0.00     		0 0 0
    305 BISHOP ROAD
    MECHANICSBURG,PA17055
    M GERALYN P HEMPT TRUSTEE
    0.00     		0 0 0
    101 SPANGLER MILLS DRIVE
    NEW CUMBERLAND,PA17070
    M SHARON P TURNER TRUSTEE
    0.00     		0 0 0
    711 INDIANA AVENUE
    LEMOYNE,PA17043
    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  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 MAKING GRANTS AND CONTRIBUTIONS TO ORGANIZATIONS THAT ARE RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS ORGANIZATIONS DESCRIBED IN THE IRC SECTION 501(C)(3). 258,000
    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 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.)
    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
    3,520,682
    b
    Average of monthly cash balances.......................
    1b
    1,589,919
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,110,601
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    5,110,601
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    76,659
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,033,942
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    251,697
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    251,697
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    1,401
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,401
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    250,296
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    250,296
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    250,296
    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
    258,000
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    258,000
    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
    1,401
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    256,599
    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 7 250,296
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 248,294
    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: bullet$ 258,000
    a Applied to 2013, but not more than line 2a 248,294
    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..... 9,706
    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 ..........     		240,590
    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)
    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:
     
    bThe form in which applications should be submitted and information and materials they should include:
     
    cAny submission deadlines:
     
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    CHARITABLE ORGANIZATIONS, AS DESCRIBED IN THE IRC SECTION 501 (C)(3, TO RECEIVE GRANTS FROM FOUNDATION WILL BE SELECTED BY THE FOUNDATION'S TRUSTEES.
    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
    CENTRAL PENN COLLEGE EDU FDN
    PO BOX 309
    SUMMERDALE,PA17093     		NONE 501(C)(3) CONTRIBUTION 1,500
    FREEDOM WORKS FOUNDATION
    400 NORTH CAPITOL ST NW
    SUITE 765
    WASHINGTON,DC20001     		NONE 501(C)(3) CONTRIBUTION 8,500
    JDRF - CENTRAL PA CHAPTER
    717 MARKET ST
    SUITE 108
    LEMOYNE,PA17043     		NONE 501(C)(3) CONTRIBUTION 15,000
    THE FDN FOR ENHANCING COMMUNITIES
    HEART OF LEMOYNE - A PROJECT OF TFEC
    200 NO 3RD STREET
    HARRISBURG,PA17108     		NONE 501(C)(3) CONTRIBUTION 1,000
    THE HERITAGE FDN
    214 MASSACHUSETTS AVE NE
    WASHINGTON,DC20002     		NONE 501(C)(3) CONTRIBUTION 50,000
    TRINITY HIGH SCHOOL
    3601 SIMPSON FERRY RD
    CAMP HILL,PA17011     		NONE 501(C)(3) CONTRIBUTION 54,333
    UNITED WAYCAPITAL REGION
    2235 MILLENNIUM WAY
    ENOLA,PA17025     		NONE 501(C)(3) CONTRIBUTION 59,500
    VILLANOVA UNIVERSITY
    800 LANCASTER AVENUE
    VILLANOVA,PA19085     		NONE 501(C)(3) CONTRIBUTION 32,000
    WILDCAT FOUNDATION
    500 SOUTH BROAD STREET
    MECHANICSBURG,PA17055     		NONE 501(C)(3) CONTRIBUTION 13,167
    THE CULTURAL ENRICHMENT FUND
    PO BOX 12084
    HARRISBURG,PA17108     		NONE 501(C)(3) CONTRIBUTION 500
    AACA MUSEUM
    161 MUSEUM DRIVE
    HERSHEY,PA17033     		NONE 501(C0(3) CONTRIBUTION 1,000
    THE SILENT HEROES OF THE COLD WAR
    1542 LITTLE DOVE COURT
    HENDERSON,NV89014     		NONE 501(C)(3) CONTRIBUTION 500
    LANDMARK LEGAL FOUNDATION
    19415 DEERFIELD AVENUE
    SUITE 312
    LEESBURG,VA20176     		NONE 501(C)(3) CONTRIBUTION 10,000
    AUGUSTINIAN FUND
    214 ASHWOOD ROAD
    VILLANOVA,PA19085     		NONE 501(C)(3) CONTRIBUTION 1,000
    MONMOUTH UNIVERSITY
    400 CEDAR AVENUE
    WEST LONG BRANCH,NJ07764     		NONE 501(C)(3) CONTRIBUTION 10,000
    Total .................................bullet 3a 258,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 22,346  
    4 Dividends and interest from securities....     14 144,432  
    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 .............     		        -62,880
    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)..   166,778 -62,880
    13Total. Add line 12, columns (b), (d), and (e)..................
    13103,898
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    GEORGE & RITA PATTERSON FOUNDATION
    EIN: 25-6719662
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 6,378 6,378    

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2014 GainLossSaleOtherAssetsSch
    Name:
    GEORGE & RITA PATTERSON FOUNDATION
    EIN: 25-6719662
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    KELLOGG CO 2013-06 PURCHASE 2014-01   28,761 29,761     -1,000  
    SELECT SECTOR SPDR TRUST CONSUMER 2014-01 PURCHASE 2014-02   69,322 73,204     -3,882  
    SELECT SECTOR SPDR TRUST ENERGY SELE 2014-01 PURCHASE 2014-02   70,083 73,165     -3,082  
    METROPOLITAN WEST HIGH YIELD 2013-07 PURCHASE 2014-02   27,038 27,196     -158  
    ADVISOR'S INNER CIRCLE FDS 2013-05 PURCHASE 2014-02   83,920 81,505     2,415  
    SELECT SECTOR SPDR TRUST FINANCIAL 2014-01 PURCHASE 2014-03   74,582 72,499     2,083  
    SELECT SECTOR SPDR TRUST TECHNOLOGY 2014-01 PURCHASE 2014-03   74,120 73,044     1,076  
    SELECT SECTOR SPDR TRUST HEALTH CARE 2014-01 PURCHASE 2014-04   75,110 74,022     1,088  
    ISHARES U S REAL ESTATE ETF 2014-02 PURCHASE 2014-04   73,040 73,917     -877  
    SELECT SECTOR SPDR TRUST HEALTH CARE 2014-01 PURCHASE 2014-04   70,864 72,196     -1,332  
    SPDR TR S & P 500 2013-09 PURCHASE 2014-04   161,722 159,203     2,519  
    SELECT SECTOR SPDR TRUST ENERGY SELE 2014-02 PURCHASE 2014-05   78,302 73,669     4,633  
    SPDR TR S & P 500 2014-05 PURCHASE 2014-05   162,514 163,953     -1,439  
    CALAMOS HIGH INCOME A 2013-07 PURCHASE 2014-05   132,890 131,404     1,486  
    ISHARES U S REAL ESTATE ETF 2014-05 PURCHASE 2014-05   76,245 74,972     1,273  
    SELECT SECTOR SPDR TRUST INDUSTRIAL 2014-04 PURCHASE 2014-05   74,977 74,442     535  
    SPDR TR S & P 500 2013-09 PURCHASE 2014-07   151,875 141,897     9,978  
    ABERDEEN FDS GLOBAL HIGH INCOME 2013-07 PURCHASE 2014-08   193,394 190,499     2,895  
    ABERDEEN FDS GLOBAL HIGH INCOME 2013-07 PURCHASE 2014-08   1,148 1,180     -32  
    MAINSTAY FDS HI YIELD CP 2013-07 PURCHASE 2014-08   172,664 175,191     -2,527  
    METROPOLITAN WEST HIGH YIELD 2013-07 PURCHASE 2014-08   80,865 82,175     -1,310  
    MAINSTAY FDS HI YIELD CP 2014-08 PURCHASE 2014-08   941 943     -2  
    SPDR TR S & P 500 2014-06 PURCHASE 2014-08   123,580 127,383     -3,803  
    ALTRIA GROUP INC 2014-09 PURCHASE 2014-09   63,541 57,810     5,731  
    PHILIP MORRIS INTL. 2012-04 PURCHASE 2014-09   61,266 62,853     -1,587  
    TIME WARNER 2013-07 PURCHASE 2014-09   38,434 33,919     4,515  
    JANUS FDS 2014-09 PURCHASE 2014-09   294,201 302,978     -8,777  
    SPDR TR S & P 500 2014-06 PURCHASE 2014-10   123,128 124,829     -1,701  
    SPDR TR S & P 500 2014-06 PURCHASE 2014-10   123,079 124,829     -1,750  
    DEUTSCHE FLOATING RATE A 2013-07 PURCHASE 2014-10   249,034 253,391     -4,357  
    FIRST EAGLE GLOBAL A 2012-09 PURCHASE 2014-10   194,736 193,737     999  
    ISHARES GLOBAL HEALTH CARE ETF 2014-08 PURCHASE 2014-10   114,297 123,591     -9,294  
    SELECT SECTOR SPDR TRUST FINANCIAL 2014-10 PURCHASE 2014-11   126,291 122,621     3,670  
    SELECT SECTOR SPDR TRUST TECHNOLOGY 2014-10 PURCHASE 2014-11   125,591 123,049     2,542  
    PAX WORLD FUNDS HIGH YLD BD 2013-07 PURCHASE 2014-11   318,415 329,750     -11,335  
    PAX WORLD FUNDS HIGH YLD BD 2014-11 PURCHASE 2014-11   1,567 1,590     -23  
    SELECT SECTOR SPDR TRUST CONSUMER 2014-03 PURCHASE 2014-12   117,281 111,005     6,276  
    PRINCIPAL HIGH YIELD II A SHORT TERM 2014-09 PURCHASE 2014-12   280,065 295,445     -15,380  
    PRINCIPAL HIGH YIELD II A SHORT TERM 2014-12 PURCHASE 2014-12   1,208 1,239     -31  
    LORD ABBETT FLOATING RATE FD CL A 2013-05 PURCHASE 2014-12   246,654 256,954     -10,300  
    LORD ABBETT FLOATING RATE FD CL A 2014-12 PURCHASE 2014-12   881 898     -17  
    LORD ABBETT HIGH YIELD A SHORT TERM 2014-08 PURCHASE 2014-12   287,046 305,678     -18,632  
    LORD ABBETT HIGH YIELD A SHORT TERM 2014-12 PURCHASE 2014-12   1,265 1,314     -49  
    AMERICAN EXPRESS COMPANY 2013-10 PURCHASE 2014-02   251,467 238,382     13,085  
    AMERICAN EXPRESS COMPANY 2014-02 PURCHASE 2014-03   202,238 202,128     110  
    BANK OF AMERICA CORP 2014-12 PURCHASE 2014-12   85,054 88,472     -3,418  
    BLACKROCK INC 2013-10 PURCHASE 2014-01   213,972 204,580     9,392  
    CHIPOTLE MEXICAN GRILL 2013-12 PURCHASE 2014-01   93,989 95,741     -1,752  
    CHIPOTLE MEXICAN GRILL 2013-12 PURCHASE 2014-01   218,371 223,396     -5,025  
    CHIPOTLE MEXICAN GRILL 2014-03 PURCHASE 2014-03   64,060 64,329     -269  
    CHIPOTLE MEXICAN GRILL 2014-03 PURCHASE 2014-03   223,875 228,076     -4,201  
    DISNEY WALT CO 2013-11 PURCHASE 2014-01   178,186 178,808     -622  
    FACEBOOK INC CLASS A 2014-02 PURCHASE 2014-03   105,161 106,030     -869  
    FACEBOOK INC CLASS A 2014-02 PURCHASE 2014-03   103,641 106,030     -2,389  
    FACEBOOK INC CLASS A 2014-02 PURCHASE 2014-06   185,515 186,144     -629  
    FACEBOOK INC CLASS A 2014-08 PURCHASE 2014-09   59,715 61,470     -1,755  
    FACEBOOK INC CLASS A 2014-08 PURCHASE 2014-10   59,961 61,849     -1,888  
    FEDEX CORPORATION 2014-06 PURCHASE 2014-08   14,903 14,926     -23  
    FEDEX CORPORATION 2014-06 PURCHASE 2014-08   74,517 74,627     -110  
    FEDEX CORPORATION 2014-06 PURCHASE 2014-08   88,398 89,553     -1,155  
    GOOGLE INC CLASS A VTG VOTING 2013-11 PURCHASE 2014-01   506,189 462,745     43,444  
    GOOGLE INC CLASS A VTG VOTING 2014-02 PURCHASE 2014-03   411,042 419,469     -8,427  
    ISHARES TR RUSSELL 2000 ETF 2014-03 PURCHASE 2014-03   279,963 289,215     -9,252  
    KEURIG GREEN MTN INC 2014-06 PURCHASE 2014-07   182,466 186,930     -4,464  
    LAS VEGAS SANDS CORP 2014-02 PURCHASE 2014-03   95,397 100,358     -4,961  
    LAS VEGAS SANDS CORP 2014-02 PURCHASE 2014-03   109,471 117,085     -7,614  
    MARKET VECTORS ETF TRUST GOLD 2014-02 PURCHASE 2014-03   202,103 209,659     -7,556  
    NETFLIX INC 2014-02 PURCHASE 2014-03   217,686 212,503     5,183  
    NETFLIX INC 2014-07 PURCHASE 2014-07   241,751 253,992     -12,241  
    POWERSHS QQQ TRUST SER 1 2014-06 PURCHASE 2014-07   399,805 386,941     12,864  
    POWERSHS QQQ TRUST SER 1 2014-06 PURCHASE 2014-09   511,892 499,086     12,806  
    SPDR S & P 500 ETF TR 2013-12 PURCHASE 2014-01   436,091 435,914     177  
    SPDR S & P 500 ETF TR 2014-02 PURCHASE 2014-03   285,530 287,299     -1,769  
    SPDR S & P MIDCAP 400 ETF 2014-06 PURCHASE 2014-07   350,305 356,840     -6,535  
    SPDR S & P MIDCAP 400 ETF 2014-06 PURCHASE 2014-08   345,458 360,425     -14,967  
    THE PRICELINE GROUP 2014-07 PURCHASE 2014-07   367,764 374,056     -6,292  
    FORD MOTOR CREDIT 8% 2011-09 PURCHASE 2014-06   250,000 250,000        
    R R DONNELLEY 4.95% 2011-10 PURCHASE 2014-04   150,000 150,000        
    SUNOCO INC 4.875% 2011-10 PURCHASE 2014-10   150,000 150,000        
    PRCTR&GAMBLE 4.95% NOE 2009-05 PURCHASE 2014-08   40,000 42,795     -2,795  

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    GEORGE & RITA PATTERSON FOUNDATION
    EIN: 25-6719662
    Name of Bond End of Year Book Value End of Year Fair Market Value
    VBS 2 P & G NOTE CPN 4.95%742718DA4    
    CS - FORD MOTOR CREDIT 345397VJ9    
    CS - RR DONNELLEY SON 257867AM3    
    CS - SUNOCO INC 8676PAC3    
    TD - GE CAPITAL CORP 5.3% 44,538  
    TD - TIME WARNER CABLE 8.25%    
    TD-PHILIP MORRIS 7.75% 35,981  
    TD-UNION CARBIDE 7.5% 32,359  
    TD-FRONTIER COMMUNICATIONS 62,310  

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    GEORGE & RITA PATTERSON FOUNDATION
    EIN: 25-6719662
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CS - SPDR S&P 500 ETF TRUST    
    CS - AMERICAN EXPRESS CO    
    CS - BLACKROCK INC    
    CS - CHIPOTLE MEXICAN GRILL    
    CS - WALT DISNEY CO    
    CS - GOOGLE INC    
    TD - LORD ABBETT BOND DEBENTURE FD 306,492  
    TD - BERWYN FUND INC 417,672  
    TD -MANNING & NAPIER PRO BLEND 380,560  
    TD - DOUBLELINE TOT RETURN FD 192,047  
    TD - FIRST EAGLE GLOBAL FD    
    TD -TRANSAMERICA HIGH YLD BD FUND 306,551  
    TD -NOVARTIS AG 63,750  
    TD - PROCTER GAMBLE 69,957  
    TD - JANUS BALANCED FD    
    TD - JP MORGAN MID CAP VALUE FD 1,673  
    TD - LORD ABBETT HIGH YIELD FD    
    TD - PERM PORT FUND    
    TD - SIT NEW BEG US GOVT FUND    
    TD - TCW TOTAL RETURN FUND    
    TD - VANGUARD GNMA PORT    
    TD - WELLESLEY INCOME FUND 227,847  
    TD - ABBOTT LABS COM    
    TD - ALTRIA GROUP INC COM    
    TD - AMERICAN CAP AGENCY CORP    
    TD - ANNALY CAP MGMT INC    
    TD - AT&T INC 59,689  
    TD - COCA COLA CO 61,810  
    TD - GENERAL MILLS INC    
    TD - HATTERAS FINANCIAL CORP    
    TD - H J HEINZ CO    
    TD - JOHNSON & JOHNSON COM 63,997  
    TD - PFIZER INC 65,976  
    TD - PHILIP MORRIS INTL COM    
    TD - SPDR S&P TRUST    
    TD - ABERDEEN FUNDS    
    TD - ADVISORS INNER CIRCLE FDS    
    TD - CALAMOS HIGH INCOME    
    TD - DWS PORT TR FLOATING RATE    
    TD - JP MORGAN MID CAP VALUE    
    TD - LORD ABBETT FLOATING RATE FD    
    TD - MAINSTAY HI YIELD FD    
    TD - METROP WEST HIGH YIELD FD    
    TD - PAX WORLD FD HIGH YIELD FD    
    TD - ABBVIE INC 24,671  
    TD - KELLOGG CO    
    TD - PEPSICO INC 64,584  
    TD-SPDR HEALTH CARE SELECT 357,559  
    TD-SPDR CONSUMER STAPLES 284,539  
    TD-SPDR INDUSTRIAL SELECT 133,981  
    TD-SPDR TECHNOLOGY SELECT 111,976  
    TD-SPDR S&P 500 229,794  
    TD-JP MORGAN MORT BACKED SECS FD 190,355  

    TY 2014 InvestmentsGovtObligationsSch
    Name:
    GEORGE & RITA PATTERSON FOUNDATION
    EIN: 25-6719662
    US Government Securities - End of Year Book Value:

    94,534
    US Government Securities - End of Year Fair Market Value:

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


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


     


    TY 2014 OtherAssetsSchedule
    Name:
    GEORGE & RITA PATTERSON FOUNDATION
    EIN: 25-6719662
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID TAXES   405 405


    TY 2014 OtherDecreasesSchedule
    Name:
    GEORGE & RITA PATTERSON FOUNDATION
    EIN: 25-6719662
    Description Amount
       
       


    TY 2014 OtherIncreasesSchedule
    Name:
    GEORGE & RITA PATTERSON FOUNDATION
    EIN: 25-6719662
    Description Amount
       
       


    TY 2014 OtherLiabilitiesSchedule
    Name:
    GEORGE & RITA PATTERSON FOUNDATION
    EIN: 25-6719662
    Description Beginning of Year - Book Value End of Year - Book Value
    FEDERAL TAXES PAYABLE 494  


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    GEORGE & RITA PATTERSON FOUNDATION
    EIN: 25-6719662
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 20,117 20,117    


    TY 2014 TaxesSchedule
    Name:
    GEORGE & RITA PATTERSON FOUNDATION
    EIN: 25-6719662
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES, FEDERAL 1,401