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
MERRITT SAM & BERTHA MEMORIAL TR 60758740
 

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 0634   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634
A Employer identification number

23-7035116
B Telephone number (see instructions)

(701) 222-6221
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$3,275,789J 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 4 4  
4 Dividends and interest from securities...... 81,864 81,864  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 209,559
b Gross sales price for all assets on line 6a 943,006
7 Capital gain net income (from Part IV, line 2)... 209,559
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........ 291,427 291,427  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 40,563 36,507   4,056
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)....... Click to see attachment 1,000 0 0 1,000
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 9,034 1,702   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).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 50,597 38,209 0 5,056
25 Contributions, gifts, grants paid........ 167,582 167,582
26 Total expenses and disbursements. Add lines 24 and 25 218,179 38,209 0 172,638
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 73,248
b Net investment income (if negative, enter -0-) 253,218
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets 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............... 772 1,369 1,369
2 Savings and temporary cash investments.......... 5,907 3,112 3,112
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 1,729,440 Click to see attachment1,691,108 2,245,576
c Investments—corporate bonds (attach schedule)........ 943,910 Click to see attachment1,058,022 1,023,113
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment2,862 Click to see attachment2,619 Click to see attachment2,619
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,682,891 2,756,230 3,275,789
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 attachment900  
23 Total liabilities (add lines 17 through 22).......... 900 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......... 2,681,991 2,756,230
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)...... 2,681,991 2,756,230
31 Total liabilities and net assets/fund balances (see instructions).. 2,682,891 2,756,230
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 2,681,991
2 Enter amount from Part I, line 27a..................... 2 73,248
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 991
4 Add lines 1, 2, and 3.......................... 4 2,756,230
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 2,756,230
Form 990-PF (2014)
Form 990-PF (2014)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 250. CONAGRA FOODS INC   2012-11-30 2014-02-03
b 250. TARGET CORP   2008-11-28 2014-02-03
c 2080. SPDR DOW JONES INTERNATIONAL ETF   2011-03-07 2014-02-06
d 50000. NOVARTIS CAPITAL 4.125% 2/10/14   2009-05-29 2014-02-10
e 2830. ISHARES MSCI EMERGING MARKETS ETF   2009-10-22 2014-03-06
1192.237 DRIEHAUS ACTIVE INCOME FUND   2012-09-27 2014-03-24
130. KNOWLES CORP   2013-02-14 2014-03-24
100. ALLERGAN INC   2010-04-26 2014-05-20
10. APPLE INC   2005-11-01 2014-05-20
60. CVS HEALTH CORPORATION   2012-07-18 2014-05-20
30. CHEVRON CORPORATION   2014-02-03 2014-05-20
70. DISNEY WALT CO   2011-01-06 2014-05-20
240. ECOLAB INC   2009-06-05 2014-05-20
50. EXXON MOBIL CORP   2009-01-15 2014-05-20
140. GILEAD SCIENCES INC   2012-07-19 2014-05-20
40. J P MORGAN CHASE & CO   2010-05-03 2014-05-20
74.274 NEUBERGER BERMAN GENESIS INSTL FD   2012-12-14 2014-05-20
30. P P G INDS INC   2012-11-30 2014-05-20
50. QUALCOMM INC   2002-04-29 2014-05-20
108.467 T ROWE PRICE SC STOCK   2012-12-14 2014-05-20
40. UNITED HEALTH GROUP INC   2011-03-03 2014-05-20
150. WELLS FARGO & CO NEW   2009-01-15 2014-05-20
55. WILLIAMS COS INC   2012-06-26 2014-05-20
70. EATON CORP PLC   2012-11-30 2014-05-20
50. ACE LTD   2010-11-09 2014-05-20
598.802 NUVEEN CORE PLUS BOND I   2012-09-27 2014-05-27
639.269 PIMCO TOTAL RETURN FUND INST   2013-06-03 2014-05-27
1060. STAPLES INC   2013-03-21 2014-05-27
470. CA INC   2013-06-13 2014-06-09
400. DICKS SPORTING GOODS INC   2010-06-01 2014-06-09
75. PEPSICO INC   2002-12-02 2014-06-09
685. SYMANTEC CORP   2013-01-15 2014-06-09
360. WHOLE FOODS MKT INC   2012-07-19 2014-06-09
55. APPLE INC   2005-11-01 2014-06-20
50. CVS HEALTH CORPORATION   2012-07-18 2014-06-20
50. GILEAD SCIENCES INC   2012-07-19 2014-06-20
41.848 NEUBERGER BERMAN GENESIS INSTL FD   2009-01-16 2014-06-20
25. NIKE INC   2007-12-18 2014-06-20
310.479 NUVEEN REAL ESTATE SECS I   2013-03-15 2014-06-20
56.786 NUVEEN MID CAP GRWTH OPP FD CL I   2012-12-14 2014-06-20
66.868 T ROWE PRICE SC STOCK   2012-12-14 2014-06-20
65. SCHLUMBERGER LTD   2008-11-17 2014-06-20
70. THERMO FISHER SCIENTIFIC INC   2009-09-29 2014-06-20
80. UNITED TECHNOLOGIES CORP   2003-07-07 2014-06-20
100. WILLIAMS COS INC   2012-06-26 2014-06-20
100. EATON CORP PLC   2012-11-30 2014-06-20
50000. MERRILL LYNCH CO MTN 5.450% 7/15/14   2006-12-19 2014-07-15
50000. SBC COMMUNICATIONS 5.625% 6/15/16   2009-01-27 2014-07-15
50. GILEAD SCIENCES INC   2012-07-19 2014-08-21
154.597 CAMBIAR INTL EQUITY FUND INS   2013-12-30 2014-09-22
20. APPLE INC   2005-11-01 2014-09-22
25. ECOLAB INC   2009-06-05 2014-09-22
20. GILEAD SCIENCES INC   2012-07-19 2014-09-22
2547.17 GOLDMAN SACHS COMM STRAT INS   2014-03-06 2014-09-22
25. NIKE INC   2007-12-18 2014-09-22
142.477 NUVEEN MID CAP GRWTH OPP FD CL I   2012-12-14 2014-09-22
50. QUALCOMM INC   2002-04-29 2014-09-22
2223.169 LAUDUS INTERNATIONAL MARKETMASTERS   2013-11-06 2014-09-22
1420.022 SCOUT INTERNATIONAL FUND   2011-03-08 2014-09-22
20. UNITED TECHNOLOGIES CORP   2003-07-07 2014-09-22
20. UNITED HEALTH GROUP INC   2011-03-03 2014-09-22
275.989 PIMCO TOTAL RETURN FUND INST   2013-06-03 2014-09-26
. DELL INC     2014-10-07
32.12 PIMCO TOTAL RETURN FUND INST   2013-12-12 2014-10-20
3919.36 PIMCO TOTAL RETURN FUND INST   2013-06-03 2014-10-20
813.90488 NUVEEN HIGH INCOME BOND FD CL I   2013-11-06 2014-12-23
82.15212 NUVEEN HIGH INCOME BOND FD CL I   2013-11-06 2014-12-23
593.325 OPPENHEIMER SENIOR FLOATING RATE I   2013-03-26 2014-12-23
667.04 T ROWE PRICE INTL BOND FUND   2014-07-16 2014-12-23
60.00488 LAUDUS INTERNATIONAL MARKETMASTERS   2013-11-06 2014-12-23
125.84412 LAUDUS INTERNATIONAL MARKETMASTERS   2013-11-06 2014-12-23
111.717 SCOUT INTERNATIONAL FUND   2010-11-23 2014-12-23
908.642 TCW EMERGING MARKETS INCOME FUND   2014-07-16 2014-12-23
. VERITAS SOFTWARE CORP     2014-12-29
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 7,914   7,479 435
b 14,137   8,715 5,422
c 82,367   82,601 -234
d 50,000   51,425 -1,425
e 112,759   90,621 22,138
12,900   12,471 429
4,077   3,063 1,014
16,206   6,272 9,934
6,040   575 5,465
4,568   2,920 1,648
3,671   3,367 304
5,666   2,780 2,886
25,581   8,959 16,622
5,026   3,817 1,209
11,397   3,702 7,695
2,145   1,723 422
4,325   2,958 1,367
5,895   3,673 2,222
3,998   747 3,251
4,650   3,591 1,059
3,069   1,797 1,272
7,377   3,153 4,224
2,539   1,532 1,007
5,035   3,524 1,511
5,110   3,023 2,087
7,000   7,144 -144
7,000   7,062 -62
12,027   14,367 -2,340
13,609   13,424 185
17,986   11,358 6,628
6,593   3,166 3,427
14,548   13,864 684
14,785   16,450 -1,665
5,062   452 4,610
3,874   2,434 1,440
4,041   1,322 2,719
2,600   1,188 1,412
1,892   796 1,096
7,200   6,956 244
3,000   2,445 555
3,100   1,743 1,357
7,122   2,449 4,673
8,387   3,041 5,346
9,447   2,913 6,534
5,769   2,785 2,984
7,739   5,034 2,705
50,000   50,730 -730
54,738   52,762 1,976
5,054   1,322 3,732
3,800   3,844 -44
2,017   164 1,853
2,936   933 2,003
2,097   529 1,568
13,500   14,370 -870
2,005   796 1,209
7,500   6,021 1,479
3,803   747 3,056
52,200   52,467 -267
52,200   46,636 5,564
2,145   728 1,417
1,752   898 854
3,000   3,049 -49
28     28
352   345 7
42,917   43,296 -379
6,812   7,512 -700
688   758 -70
4,800   4,966 -166
5,950   6,556 -606
1,340   1,416 -76
2,810   2,970 -160
3,690   3,445 245
7,360   8,023 -663
12     12
      53,925
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       435
b       5,422
c       -234
d       -1,425
e       22,138
      429
      1,014
      9,934
      5,465
      1,648
      304
      2,886
      16,622
      1,209
      7,695
      422
      1,367
      2,222
      3,251
      1,059
      1,272
      4,224
      1,007
      1,511
      2,087
      -144
      -62
      -2,340
      185
      6,628
      3,427
      684
      -1,665
      4,610
      1,440
      2,719
      1,412
      1,096
      244
      555
      1,357
      4,673
      5,346
      6,534
      2,984
      2,705
      -730
      1,976
      3,732
      -44
      1,853
      2,003
      1,568
      -870
      1,209
      1,479
      3,056
      -267
      5,564
      1,417
      854
      -49
      28
      7
      -379
      -700
      -70
      -166
      -606
      -76
      -160
      245
      -663
      12
       
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 2 209,559
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 162,170 3,178,263 0.051025
2012 150,614 3,010,926 0.050022
2011 166,055 3,050,946 0.054427
2010 156,782 2,946,603 0.053208
2009 136,294 2,690,057 0.050666
2 Total of line 1, column (d) ...................... 2 0.259348
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 0.05187
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 3,298,371
5 Multiply line 4 by line 3....................... 5 171,087
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 2,532
7 Add lines 5 and 6......................... 7 173,619
8 Enter qualifying distributions from Part XII, line 4.............. 8 172,638
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 5,064
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 5,064
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 5,064
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 5,852
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 5,852
8 Enter any penalty for underpayment of estimated tax. if 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.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 788
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet788 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (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)
    bulletND
    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 addressbullet  
    14
    The books are in care ofbulletUS BANK NATIONAL ASSOCIATION Telephone no.bullet (701) 222-6221
    Located atbullet200 NORTH 3RD STREETBISMARCKND ZIP+4bullet585013879
    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
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    US BANK NA CORPORATE TRUSTEE
    8     		40,563    
    101 EAST 5TH STREET
    ST PAUL,MN55164
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................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
    3,333,979
    b
    Average of monthly cash balances.......................
    1b
    14,621
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,348,600
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,348,600
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    50,229
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,298,371
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    164,919
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    164,919
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    5,064
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,064
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    159,855
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    159,855
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    159,855
    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
    172,638
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    172,638
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    172,638
    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 7 159,855
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 2,946
    b From 2010....... 12,150
    c From 2011....... 16,408
    d From 2012....... 4,437
    e From 2013....... 9,109
    fTotal of lines 3a through e......... 45,050
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 172,638
    a Applied to 2013, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2014 distributable amount..... 159,855
    e Remaining amount distributed out of corpus 12,783
    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 57,833
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		2,946
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		54,887
    10 Analysis of line 9:
    a Excess from 2010.... 12,150
    b Excess from 2011.... 16,408
    c Excess from 2012.... 4,437
    d Excess from 2013.... 9,109
    e Excess from 2014.... 12,783
    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 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)
    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
    FIRST PRESBYTERIAN CHURCH
    ATTN FINANCE COMMITTEE
    214 EAST THAYER AVE
    BISMARCK,ND585013872     		NONE N/A GENERAL 83,791
    BISMARCK STATE COLLEGE FOUNDATION
    ATTN GORDON BINEK
    PO BOX 5587
    BISMARCK,ND585065587     		NONE N/A GENERAL 83,791
    Total .................................bullet 3a 167,582
    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 4  
    4 Dividends and interest from securities....     14 81,864  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 209,559  
    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)..   291,427  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13291,427
    (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:
    MERRITT SAM & BERTHA MEMORIAL TR 60758740
    EIN: 23-7035116
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,000     1,000

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    MERRITT SAM & BERTHA MEMORIAL TR 60758740
    EIN: 23-7035116
    Name of Bond End of Year Book Value End of Year Fair Market Value
    MERRILL LYNCH CO    
    JOHNSON & JOHNSON 50,040 56,122
    NOVARTIS CAPITAL    
    BERKSHIRE HATHAWAY 53,302 50,058
    PROCTER & GAMBLE 25,040 25,091
    UNITED TECH CORP 53,115 50,700
    SBC COMMUNICATIONS    
    HONEYWELL INTL 52,662 54,445
    EMERSON ELECTRIC 4.875 50,066 55,586
    LOWES COMPANIES 4.625% 50,692 55,120
    DRIEHAUS ACTIVE INCOME FD 62,548 64,968
    NUVEEN HIGH INCOME BOND FD 73,841 69,572
    NUVEEN CORE PLUS BOND CL I 43,429 42,196
    GOLDMAN SACHS COMM STRAT INS 67,630 47,293
    NUVEEN INFLATION PRO SEC CL I 30,503 28,221
    OPPENHEIMER SR FLOAT RATE Y 77,958 75,227
    PIMCO TOTAL RETURN FUND INST    
    T ROWE PRICE INTL BOND FUND 91,436 83,262
    FEDERATED INST HI YLD BD FD 50,120 47,848
    BAIRD AGGREGATE BOND FD INSTL 25,000 25,210
    TCW EMERGING MARKETS INCOME FU 90,640 83,058
    LOOMIS SAYLES STRATEGIC ALPHA 67,000 66,598
    COLUMBIA INCOME FD CL Z 43,000 42,538

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    MERRITT SAM & BERTHA MEMORIAL TR 60758740
    EIN: 23-7035116
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CATERPILLAR INC 17,215 21,967
    APPLE INC 2,548 34,218
    EXPRESS SCRIPTS INC 12,520 20,321
    EXXON MOBIL CORP 19,087 23,113
    NIKE INC 9,175 30,768
    ORACLE CORP 7,593 18,663
    PEPSICO INC 9,405 21,276
    QUALCOMM INC 4,483 22,299
    T ROWE PRICE GRP 5,026 22,753
    TARGET CORP    
    UNITED TECH CORP 8,375 26,450
    WELLS FARGO CO 11,034 28,781
    ACCENTURE LTD 6,740 26,793
    SCHLUMBERGER LTD 8,631 21,353
    ALLERGAN INC 9,409 31,889
    EATON CORP 15,562 20,388
    THERMO FISHER SCIENTIFIC INC 6,516 18,794
    ACE LIMITED 15,117 28,720
    DICKS SPORTING GOODS    
    JP MORGAN CHASE CO 19,388 28,161
    ECOLAB INC 8,399 23,517
    JOHNSON & JOHNSON 12,270 20,914
    I SHARES MSCI EMERGING MKTS    
    NEUBERGER BERMAN GENESIS INSTL 19,047 32,625
    ROWE T PRICE MID CAP VALUE FD 61,435 83,043
    T ROWE PRICE SC STOCK 21,078 33,756
    SCOUT INTL FD 158,184 169,917
    CERNER CORPORATION 9,252 18,105
    DISNEY WALT CO 11,916 28,257
    PFIZER INC 10,698 16,977
    UNITED HEALTH GRP INC 12,576 28,305
    NUVEEN MID CAP GRWTH OPP FD 101,175 121,558
    NUVEEN REAL ESTATE SEC CL I 90,720 108,747
    SPDR DJ WILSHIRE INTERNATIONAL    
    TFS MARKET NEUTRAL FUND 44,018 43,471
    CONAGRA FOODS INC    
    CVS CAREMARK CORP 14,601 28,893
    GILEAD SCIENCES 6,082 21,680
    HOME DEPOT INC 8,678 20,469
    MASTERCARD INC 10,936 21,540
    P P G INDS INC 15,918 30,050
    PRICELINE COM INC 10,601 22,804
    WHOLE FOODS MKT INC    
    WILLIAMS COS INC 11,141 17,976
    CA INC    
    DOVER CORP 15,534 18,647
    GOOGLE INC CL A 9,004 13,267
    ILLINOIS TOOL WORKS INC 16,794 20,834
    MACYS INC 12,760 19,725
    STAPLES INC    
    SYMANTEC CORP    
    CAMBIAR INTL EQUITY FD INST 66,426 61,663
    CAUSEWAY EMERGING MKTS INST 143,973 141,994
    LAUDUS INTL MKTMSTR FD SEL 181,068 170,172
    ROBECO BOSTON PART L S RSRCH 117,300 138,862
    COCA COLA COMPANY 20,269 22,588
    HEWLETT PACKARD CO 20,118 23,877
    KROGER CO 13,831 18,300
    BEST BUY CO INC 14,954 20,075
    CHEVRON CORPORATION 22,450 22,436
    NRG ENERGY INC 20,005 14,823
    GOOGLE INC CL C 8,976 13,160
    ROYAL CARIBBEAN CRUISES LTD 20,165 33,384
    SIGNET JEWELERS LTD 10,986 13,815
    ABERDEEN FDS EMRGN 149,946 138,643

    TY 2014 OtherAssetsSchedule
    Name:
    MERRITT SAM & BERTHA MEMORIAL TR 60758740
    EIN: 23-7035116
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INCOME 2,862 2,619 2,619


    TY 2014 OtherIncreasesSchedule
    Name:
    MERRITT SAM & BERTHA MEMORIAL TR 60758740
    EIN: 23-7035116
    Description Amount
       


    TY 2014 OtherLiabilitiesSchedule
    Name:
    MERRITT SAM & BERTHA MEMORIAL TR 60758740
    EIN: 23-7035116
    Description Beginning of Year - Book Value End of Year - Book Value
    RETURN OF CAPITAL 900  


    TY 2014 TaxesSchedule
    Name:
    MERRITT SAM & BERTHA MEMORIAL TR 60758740
    EIN: 23-7035116
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX PAYMENT - PRIOR YE 1,480 0   0
    FEDERAL TAX 5,852 0   0
    FOREIGN TAXES ON QUALIFIED FOR 1,662 1,662   0
    FOREIGN TAXES ON NONQUALIFIED 40 40   0