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
FIRST LIEUTENANT P F CURETON JR FDN

Number and street (or P.O. box number if mail is not delivered to street address)1525 W WT HARRIS BLVD D1114-044 Room/suite

City or town, state or province, country, and ZIP or foreign postal code
CHARLOTTE, NC28262

A Employer identification number

46-1584075

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

$8,580,330J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............	989,911
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments	69		69
4	Dividends and interest from securities......	51,335		50,406
5a	Gross rents..............	133,070		133,070	133,070
b	Net rental income or (loss) 85,392
6a	Net gain or (loss) from sale of assets not on line 10		111,341
b	Gross sales price for all assets on line 6a 503,637
7	Capital gain net income (from Part IV, line 2)...			111,341
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	1,285,726		294,886	133,070
13	Compensation of officers, directors, trustees, etc.	75,586		56,690		18,897
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......		1,200	0	0	1,200
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		5,719	935		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		65,711	66,428
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	148,216		124,053	0	20,097
25	Contributions, gifts, grants paid........	29,281				29,281
26	Total expenses and disbursements. Add lines 24 and 25	177,497		124,053	0	49,378
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	1,108,229
b	Net investment income (if negative, enter -0-)			170,833
c	Adjusted net income (if negative, enter -0-)...				133,070

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2014)

Form 990-PF (2014)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	1,372,239	271,787	271,787
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule) 750
		Less: allowance for doubtful accounts 0	750	750	-750
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)	8,969
	b	Investments—corporate stock (attach schedule)........	343,277	1,872,886	1,929,517
	c	Investments—corporate bonds (attach schedule)........	3,024	681,941	641,776
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........			0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	4,134,184	4,134,184	5,738,000
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	5,862,443	6,961,548	8,580,330
	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 )	750	750
	23	Total liabilities (add lines 17 through 22)..........	750	750
		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.........	5,861,693	6,960,798
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see instructions)......	5,861,693	6,960,798
	31	Total liabilities and net assets/fund balances (see instructions)..	5,862,443	6,961,548

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	5,861,693
2	Enter amount from Part I, line 27a.....................	2	1,108,229
3	Other increases not included in line 2 (itemize)	3	70
4	Add lines 1, 2, and 3..........................	4	6,969,992
5	Decreases not included in line 2 (itemize)	5	9,194
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	6,960,798

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	325. AT&T INC		2010-11-07	2014-08-26
b	32. AMERICAN LOCKER GROUP INC		2010-11-07	2014-04-02
c	2452. BB&T CORP COM		2010-11-07	2014-03-03
d	100. BABSON CAPITAL CORPORATE INV		2010-11-07	2014-03-03
e	22. CENTURYTEL INC COM		2010-11-07	2014-04-02
	100. COCA-COLA CO COM		2010-11-07	2014-05-02
	14875.032 CREDIT SUISSE COMM RET ST-I #2156		2014-07-11	2014-12-30
	750. DNP SELECT INC FD INC COM		2010-11-07	2014-09-09
	126. EXELIS INC		2010-11-07	2014-03-03
	35. EXXON MOBIL CORP COM		2010-11-07	2014-05-02
	150. EXXON MOBIL CORP COM		2010-11-07	2014-06-04
	120. EXXON MOBIL CORP COM		2010-11-07	2014-08-26
	65. EXXON MOBIL CORP COM		2010-11-07	2014-11-10
	94. FRONTIER COMMUNICATIONS CORPORATION		2010-11-07	2014-04-02
	30. GILEAD SCIENCES INC COM		2014-07-11	2014-08-26
	126. HARTFORD FINL SVCS GRP COM		2010-11-07	2014-03-03
	62. ITT CORP		2010-11-07	2014-03-03
	12. LSI LOGIC CORP COM		2010-11-07	2014-04-02
	87. MERITOR INC		2010-11-07	2014-03-03
	1. NRG ENERGY INC COM		2010-11-07	2014-04-02
	40. ORACLE CORP COM		2014-05-02	2014-11-10
	800. PIEDMONT NATURAL GAS INC COM W/RIGHTS ATTACHED EXP 2/26/2008		2010-11-07	2014-03-03
	1035.401 PUTNAM TAX EXEMPT INCOME FD SH BEN INT CL A		2012-10-31	2014-03-04
	40. QUALCOMM INC COM W/RTS ATTACHED		2014-06-04	2014-09-15
	58. RAYONIER INC COM		2010-11-07	2014-03-03
	352. ROCKWELL INTL CORP NEW COM		2010-11-07	2014-03-03
	2928.87 ROWE T PRICE SHORT TERM BD FD INC		2014-03-13	2014-11-10
	400. SOUTHERN CO COM		2010-11-07	2014-03-03
	100. SPECTRA ENERGY CORP		2010-11-07	2014-07-03
	165. SPECTRA ENERGY CORP		2010-11-07	2014-09-15
	76. STARWOOD HOTELS & RESORTS WORLDWIDE		2010-11-07	2014-03-03
	.0252 VERIZON COMMUNICATIONS COM		2014-02-25	2014-03-04
	.4545 VODAFONE GROUP PLC-SP ADR		2010-11-07	2014-02-28
	95. VODAFONE GROUP PLC-SP ADR		2010-11-07	2014-05-02
	126. XYLEM INC/NY		2010-11-07	2014-03-03
	951. AON PLC		2010-11-07	2014-03-03
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	11,196	9,493	1,703
b	65	48	17
c	91,443	61,668	29,775
d	1,602	3,024	-1,422
e	729	935	-206
	4,080	6,238	-2,158
	90,886	114,500	-23,614
	7,620	7,494	126
	2,616	1,414	1,202
	3,564	2,444	1,120
	15,004	10,473	4,531
	11,969	8,378	3,591
	6,261	4,538	1,723
	521	818	-297
	3,180	2,664	516
	4,388	3,324	1,064
	2,661	1,166	1,495
	133	67	66
	1,073	1,600	-527
	32	41	-9
	1,615	1,635	-20
	26,808	23,624	3,184
	8,894	8,969	-75
	3,003	3,195	-192
	2,699	3,129	-430
	42,810	23,386	19,424
	14,000	14,059	-59
	16,844	15,308	1,536
	4,226	2,457	1,769
	6,613	4,053	2,560
	6,119	4,432	1,687
	1	1
	19	24	-5
	3,554	4,922	-1,368
	4,866	3,506	1,360
	80,444	39,269	41,175
			22,099

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			1,703
b			17
c			29,775
d			-1,422
e			-206
			-2,158
			-23,614
			126
			1,202
			1,120
			4,531
			3,591
			1,723
			-297
			516
			1,064
			1,495
			66
			-527
			-9
			-20
			3,184
			-75
			-192
			-430
			19,424
			-59
			1,536
			1,769
			2,560
			1,687

			-5
			-1,368
			1,360
			41,175

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	111,341
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . . . .		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2013	124,887	3,575,831	0.034925
2012
2011
2010
2009

2	Total of line 1, column (d) ......................	2	0.034925
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	0.034925
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	5,962,331
5	Multiply line 4 by line 3.......................	5	208,234
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	1,708
7	Add lines 5 and 6.........................	7	209,942
8	Enter qualifying distributions from Part XII, line 4..............	8	49,378
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	3,417
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	3,417
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	3,417
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	4,617
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	4,617
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	1,200
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax1,200	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

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

The books are in care of bullet

WELLS FARGO BANK NA Telephone no. bullet

(855) 799-2921

Located at bullet

ONE WEST 4TH STREET D4000-062WINSTONSALEMNC ZIP+4 bullet

27101

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
WELLS FARGO BANK NA	TRUSTEE 40	75,586
1525 W WT HARRIS BLVD D1114-044 CHARLOTTE,NC28262	TRUSTEE 40	75,586

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1


2


3


4

Form 990-PF (2014)

Page 8

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see instructions.)

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

purposes:

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

5,474,147

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

578,981

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

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

6,053,128

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

6,053,128

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

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

90,797

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

5,962,331

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

298,117

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

298,117

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

3,417

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

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

3,417

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

294,700

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

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

294,700

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

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

294,700

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 ..........

49,378

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

49,378

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

49,378

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2014)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2013	(c) 2013	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7					294,700
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......				39,532
b Total for prior years:2012, 20, 20			0
3 Excess distributions carryover, if any, to 2014:
a From 2009.......	0
b From 2010.......	0
c From 2011.......	0
d From 2012.......	0
e From 2013.......	0
fTotal of lines 3a through e.........		0
4Qualifying distributions for 2014 from Part
XII, line 4: $ 49,378
a Applied to 2013, but not more than line 2a					39,532
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions).........		0
d Applied to 2014 distributable amount.....					9,846
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2014.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2013. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2014. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........					284,854
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2010....	0
b Excess from 2011....	0
c Excess from 2012....	0
d Excess from 2013....	0
e Excess from 2014....	0

Form 990-PF (2014)

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 email address of the person to whom applications should be addressed:

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

cAny submission deadlines:

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

Form 990-PF (2014)

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
SOUTH CAROLINA SOCIETY FO PREVENTION OF CRUELTY TO ANIMALS 305 AIRPORT ROAD GREENVILLE,SC29607	NONE	PC	GENERAL SUPPORT	8,890
SALVATION ARMY OF GREENVILLE COUNTY 417 RUTHERFORD STREET GREENVILLE,SC29609	NONE	PC	GENERAL SUPPORT	8,890
THE CITADEL 171 MOULTRIE STREET CHARLESTON,SC29409	NONE	PC	GENERAL SUPPORT	11,501
Total ................................. 3a				29,281

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	69
4 Dividends and interest from securities....			14	51,335
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....			16	85,392
6 Net rental income or (loss) from personal property .............
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory .............			18	111,341
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)..				248,137

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

13248,137

(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

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Name of the organization

FIRST LIEUTENANT P F CURETON JR FDN

Employer identification number

46-1584075

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 2

Name of organization FIRST LIEUTENANT P F CURETON JR FDN

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	JOSEPHINE H CURETON TRUST C/O WELLS FARGO BANK 177 MEETING STREET CHARLESTON, SC29401	$989,911	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 3

Name of organization FIRST LIEUTENANT P F CURETON JR FDN

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
1	750 units DNP Select Inc Fd	$ 7,658	2014-07-08
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 4

Name of organization
FIRST LIEUTENANT P F CURETON JR FDN

Employer identification number

46-1584075

Part III

Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet

$
Use duplicate copies of Part III if additional space is needed.

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2014 AccountingFeesSchedule

Name:

FIRST LIEUTENANT P F CURETON JR FDN

EIN: 46-1584075

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC	1,200			1,200

- TIN:

TY 2014 InvestmentsCorpBondsSchedule

Name:

FIRST LIEUTENANT P F CURETON JR FDN

EIN: 46-1584075

Name of Bond	End of Year Book Value	End of Year Fair Market Value
05617K109 BABSON CAPITAL CORPO
04315J860 ABERDEEN GLOBAL HIGH	86,000	77,609
261980494 DREYFUS EMG MKT DEBT	70,000	61,670
315920702 FID ADV EMER MKTS IN	77,000	71,433
693390304 PIMCO LOW DURATION F	48,000	46,428
693390882 PIMCO FOREIGN BD FD	42,000	42,115
722005220 PIMCO FOREIGN BOND (	35,000	32,564
76628T645 RIDGEWORTH SEIX HY B	89,000	77,269
77957P105 T ROWE PRICE SHORT T	234,941	232,688

- TIN:

TY 2014 InvestmentsCorpStockSchedule

Name:

FIRST LIEUTENANT P F CURETON JR FDN

EIN: 46-1584075

Name of Stock	End of Year Book Value	End of Year Fair Market Value
00206R102 AT & T INC	34,059	39,166
027284108 AMERICAN LOCKER GROU
054937107 B B & T CORP COM
097023105 BOEING CO	1,694	3,120
156700106 CENTURYLINK, INC
191216100 COCA COLA CO
20030N101 COMCAST CORP CLASS A	3,790	10,500
30162A108 EXELIS INC
30231G102 EXXON MOBIL CORPORAT	54,041	71,556
35906A108 FRONTIER COMMUNICATI
416515104 HARTFORD FINANCIAL S
44107P104 HOST HOTELS & RESORT	1,015	1,426
450911201 ITT CORP
502161102 LSI CORPORATION
59001K100 MERITOR INC
629377508 NRG ENERGY INC
720186105 PIEDMONT NAT GAS INC
754907103 RAYONIER INC COM
773903109 ROCKWELL AUTOMATION
842587107 SOUTHERN CO
847560109 SPECTRA ENERGY CORP	11,914	17,606
85590A401 STARWOOD HOTELS & RE
92857W209 VODAFONE GROUP PLC N
98419M100 XYLEM INC/NY
G0408V102 AON PLC
00164V103 AMC NETWORKS INC	5,200	5,420
015351109 ALEXION PHARMACEUTIC	10,272	12,027
023135106 AMAZON COM INC COM	10,392	9,931
037833100 APPLE INC	32,493	39,847
04314H204 ARTISAN INTERNATIONA	109,000	109,233
04314H600 ARTISAN MID CAP FUND	67,500	64,549
14149Y108 CARDINAL HEALTH INC	4,129	4,844
148887102 CATAMARAN CORP	5,503	6,469
151020104 CELGENE CORP COM	11,749	16,220
156782104 CERNER CORP COM	9,248	11,316
167250109 CHICAGO BRIDGE & IRO	4,395	2,729
169656105 CHIPOTLE MEXICAN GRI	7,469	8,899
235851102 DANAHER CORP	3,129	3,428
256206103 DODGE & COX INT'L ST	209,000	195,222
30249U101 FMC TECHNOLOGIES INC	8,553	6,558
30303M102 FACEBOOK INC	14,416	17,555
311900104 FASTENAL CO	12,621	13,079
339128100 JP MORGAN MID CAP VA	37,500	38,380
34964C106 FORTUNE BRANDS HOME	6,643	7,696
375558103 GILEAD SCIENCES INC	19,064	20,266
38259P508 GOOGLE INC	2,837	2,653
38259P706 GOOGLE INC-CL C	21,916	20,530
437076102 HOME DEPOT INC	17,609	23,093
45866F104 INTERCONTINENTAL EXC	3,687	4,386
461202103 INTUIT COM	9,107	9,680
464287200 ISHARES CORE S & P 5	48,012	48,408
464287499 ISHARES RUSSELL MID-	29,993	31,236
464287887 ISHARES S&P SMALL-CA	50,298	53,117
487300808 KEELEY SMALL CAP VAL	55,250	55,845
517834107 LAS VEGAS SANDS CORP	10,443	7,852
589509207 MERGER FUND-INST #30	110,000	105,243
594918104 MICROSOFT CORP	8,205	9,290
61166W101 MONSANTO CO NEW	6,421	6,571
611740101 MONSTER BEVERAGE COR	13,783	17,878
63872T885 ASG GLOBAL ALTERNATI	90,000	90,444
683974604 OPPENHEIMER DEVELOPI	164,000	153,041
693506107 PPG INDUSTRIES INC	12,379	13,869
731068102 POLARIS INDS INC COM	12,511	14,368
740189105 PRECISION CASTPARTS	12,859	12,044
741503403 THE PRICELINE GROUP	13,580	12,542
747525103 QUALCOMM INC	8,386	7,805
74925K581 ROBECO BP LNG/SHRT R	130,000	133,915
78463X863 SPDR DJ WILSHIRE INT	53,006	51,796
79466L302 SALESFORCE COM INC	10,587	11,565
80004C101 SANDISK CORP COM	12,287	12,248
806857108 SCHLUMBERGER LTD	7,130	5,552
87817A107 TEAM HEALTH HOLDINGS	7,568	8,630
892356106 TRACTOR SUPPLY CO CO	20,323	24,828
90130A101 TWENTY FIRST CENTURY	4,598	4,993
907818108 UNION PACIFIC CORP	14,508	14,296
922042858 VANGUARD FTSE EMERGI	89,786	84,522
922908553 VANGUARD REIT VIPER	82,148	90,963
92343V104 VERIZON COMMUNICATIO	2,213	2,152
92826C839 VISA INC-CLASS A SHR	14,109	16,256
966244105 WHITEWAVE FOODS CO	9,585	10,672
G50871105 JAZZ PHARMACEUTICALS	10,103	10,642
N6596X109 NXP SEMICONDUCTORS N	8,870	9,550

- TIN:

TY 2014 InvestmentsGovtObligationsSch

Name:

FIRST LIEUTENANT P F CURETON JR FDN

EIN: 46-1584075

US Government Securities - End of Year Book Value:

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:

- TIN:

TY 2014 OtherAssetsSchedule

Name:

FIRST LIEUTENANT P F CURETON JR FDN

EIN: 46-1584075

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
7RE000AZ1 133 AUGUSTA STREET G	2,010,000	2,010,000	2,050,000
9RE018033 659 SOUTH MAIN STREE	870,000	870,000	935,000
9WB042498 26 - 28 AUGUSTA STRE	198,430	198,430	408,000
9WB042506 126 & 128 AUGUSTA ST	407,368	407,368	930,000
9WB042530 11 DECAMP ST. GREENV	195,000	195,000	280,000
9WB042571 12 HOWE STREET GREEN	38,501	38,501	80,000
9WB042688 27 MILLS ALLEY GREEN	114,750	114,750	252,000
9WB042696 401 RHETT STREET GRE	237,613	237,613	670,000
9WB042803 123 SOUTH MAIN STREE	62,522	62,522	133,000

- TIN:

TY 2014 OtherDecreasesSchedule

Name:

FIRST LIEUTENANT P F CURETON JR FDN

EIN: 46-1584075

Description	Amount

- TIN:

TY 2014 OtherExpensesSchedule

Name:

FIRST LIEUTENANT P F CURETON JR FDN

EIN: 46-1584075

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
RENTAL EXPENSES - NET INVESTME		48,395	0
REAL ESTATE TAX ON NON RENTAL	11,034	11,034	0
ANNUAL LEASING FEE	6,999	6,999	0
Rent and Royalty Expense	47,678

- TIN:

TY 2014 OtherIncreasesSchedule

Name:

FIRST LIEUTENANT P F CURETON JR FDN

EIN: 46-1584075

Description	Amount

- TIN:

TY 2014 TaxesSchedule

Name:

FIRST LIEUTENANT P F CURETON JR FDN

EIN: 46-1584075

Category	Amount	Net Investment Income
FOREIGN TAXES	1	1
FEDERAL TAX PAYMENT - PRIOR YE	167	0
FEDERAL ESTIMATES - PRINCIPAL	4,617	0
FOREIGN TAXES ON QUALIFIED FOR	708	708
FOREIGN TAXES ON NONQUALIFIED	226	226