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
JULIAN PRICE FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)4250 LANCASTER PIKE SUITE 100   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILMINGTON, DE19805
A Employer identification number

31-1665269
B Telephone number (see instructions)

(800) 745-7721
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$8,222,405J 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 Dividends and interest from securities...... 35,105 35,105  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 81,577
b Gross sales price for all assets on line 6a 1,372,604
7 Capital gain net income (from Part IV, line 2)... 81,577
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........ 116,682 116,682  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 16,907     16,907
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).......        
c Other professional fees (attach schedule).... Click to see attachment 72,644 72,644   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,527 329   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)....... Click to see attachment 3,157 3,157    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 95,235 76,130 0 16,907
25 Contributions, gifts, grants paid........ 502,950 502,950
26 Total expenses and disbursements. Add lines 24 and 25 598,185 76,130 0 519,857
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -481,503
b Net investment income (if negative, enter -0-) 40,552
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............... 1,399 164 164
2 Savings and temporary cash investments.......... 248,521 124,149 124,149
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)........ 40,273 Click to see attachment39,054 46,793
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 7,942,118 Click to see attachment7,888,437 8,051,299
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,232,311 8,051,804 8,222,405
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)    
23 Total liabilities (add lines 17 through 22)..........   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......... 8,232,311 8,051,804
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)...... 8,232,311 8,051,804
31 Total liabilities and net assets/fund balances (see instructions).. 8,232,311 8,051,804
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 8,232,311
2 Enter amount from Part I, line 27a..................... 2 -481,503
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 306,461
4 Add lines 1, 2, and 3.......................... 4 8,057,269
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 5,465
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 8,051,804
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 145. DOLLAR TREE INC   2013-09-11 2014-01-08
b 124. PIMCO 0-5 YEAR HIGH YLD BND IDX ETF   2013-07-03 2014-01-16
c 718. POWERSHARES SENIOR LOAN ETF   2012-09-26 2014-01-16
d 452. SPDR BARCLAYS SHORT TERM HIGH ETF   2013-07-03 2014-01-16
e 264. ISHARES INC MSCI CDA INDEX FD   2013-02-01 2014-02-13
130. SPDR S&P INSURANCE ETF   2013-04-11 2014-02-18
171. VANGUARD INDUSTRIALS   2013-09-24 2014-02-18
124. ISHARES MSCI SOUTH KOREA CAP ETF   2013-09-11 2014-02-24
507. ISHARES MSCI ALL COUNTRY ASIA EX JAPAN ETF   2013-10-11 2014-02-24
1946. POWERSHARES S&P ETF 500 HIGH BETA PORTFOLIO   2013-06-18 2014-02-27
93. POWERSHARES S&P ETF 500 HIGH BETA PORTFOLIO   2013-02-01 2014-02-27
499. VANGUARD SHORT TERM COR BD ETF   2013-04-11 2014-02-27
210. RIVERFRONT STRATEGIC INCOME ETF   2014-02-14 2014-03-05
22. ABBOTT LABORATORIES   2013-09-24 2014-03-05
4. CVS CORP   2013-11-01 2014-03-05
1. GUGGENHEIM EXCH TRD FD INSIDER SENTIMENT ETF   2013-10-23 2014-03-05
1. COLGATE PALMOLIVE CO   2013-11-01 2014-03-05
36. CREDIT SUS X LKS CHG MLP INFR ETN   2013-04-11 2014-03-05
3. WALT DISNEY CO   2013-10-14 2014-03-05
13. DISCOVER FINANCIAL S   2013-09-11 2014-03-05
134. 1ST TR EXCH TRADED FD VI NASDAQ TECH DIVID INDEX   2014-02-24 2014-03-05
111. FLEXSHARES TRUST ETF QUALITY DIVIDEND IDX FD   2013-11-01 2014-03-05
14. GENERAL MILLS INC   2014-02-18 2014-03-05
10. GLOBAL X MLP ENERGY INFRASTRUCT ETF   2013-08-08 2014-03-05
47. ISHARES MSCI EUROZONE ETF   2013-08-15 2014-03-05
43. ISHARES MSCI UTD KINGXXX STOCK MERGER   2013-05-31 2014-03-05
255. ISHARES INC MSCI JAPAN INDEX FD   2013-07-09 2014-03-05
6. ISHARES US TRANSN AVG TRANSPORTATION AVERAGE   2014-02-27 2014-03-05
36. ISHR MSCI EAFE INDEX FUND   2013-02-01 2014-03-05
38. ISHARES NORTH AMERICAN TECH-MULTIMEDIA NETWORK-   2014-02-27 2014-03-05
11. ISHARES IBOXX HIGH YIELD BOND ETF   2013-04-11 2014-03-05
69. ISHARES 1-3 YEAR CREDIT BOND ETF   2013-04-11 2014-03-05
24. ISHARES MSCI EAFE VALUE ETF   2013-05-31 2014-03-05
4103.41 JAMES BALANCED GOLDEN RAINBOW FD INST   2012-09-25 2014-03-05
63. PIMCO 0-5 YEAR HIGH YLD BND IDX ETF   2013-07-03 2014-03-05
43. POWERSHARES BUYBACK ACHIEVERS ETF   2013-03-07 2014-03-05
221. POWERSHS EXCH TRAD FD TR POWERSHARES DYNAMIC   2014-02-27 2014-03-05
15. POWERSHARES SENIOR LOAN ETF   2012-09-26 2014-03-05
38. PWRSHS FTSE RAFI DVPD MKT EX US ETF   2013-01-24 2014-03-05
13. GUGGENHEIM S&P 500 EQUAL WEI ENG ETF   2014-02-24 2014-03-05
25. SPDR BARCLAYS HIGH YIELD BOND ETF   2013-04-11 2014-03-05
211. SPDR BARCLAYS SHORT TERM HIGH ETF   2013-07-03 2014-03-05
120. CHARLES SCHWAB US REIT ETF   2014-01-08 2014-03-05
64. SECTOR SPDR TR SHS BEN   2014-02-27 2014-03-05
132. VANGUARD FTSE EUROPE ETF   2013-01-24 2014-03-05
14. VANGUARD INFORMATION TECHNOLOGY ETF   2013-01-10 2014-03-05
59. VANGUARD SHORT TERM COR BD ETF   2013-04-11 2014-03-05
171. WISDOMTREE LARGECAP DIVIDEND ETF   2013-04-11 2014-03-05
16. WISDOMTREE JAPAN SMALCP DIVIDEND ETF   2013-07-09 2014-03-05
20. WISDOMTREE JAPAN HEDGED EQUITY ETF   2013-03-26 2014-03-05
210. POWERSHARES BUYBACK ACHIEVERS ETF   2013-03-07 2014-03-12
177. POWERSHARES BUYBACK ACHIEVERS ETF   2013-06-26 2014-03-12
574. VANGUARD SHORT TERM COR BD ETF   2013-04-11 2014-03-14
1093. ISHARES INC MSCI JAPAN INDEX FD   2013-07-09 2014-03-17
437. VANGUARD FTSE EUROPE ETF   2013-07-26 2014-03-17
52. VANGUARD FTSE EUROPE ETF   2013-01-24 2014-03-17
1200. ISHARES INC MSCI JAPAN INDEX FD   2013-07-09 2014-04-28
310. POWERSHARES SENIOR LOAN ETF   2012-09-26 2014-05-01
101. GUGGENHEIM EXCH TRD FD INSIDER SENTIMENT ETF   2013-10-23 2014-05-09
295. WISDOMTREE LARGECAP DIVIDEND ETF   2013-04-11 2014-05-09
617. POWERSHS EXCH TRAD FD TR POWERSHARES DYNAMIC   2014-02-18 2014-05-29
309. SECTOR SPDR TR SHS BEN   2014-02-27 2014-05-29
98. COLGATE PALMOLIVE CO   2013-11-01 2014-06-05
398. POWERSHS EXCH TRAD FD TR POWERSHARES DYNAMIC   2014-02-27 2014-06-26
194. WISDOMTREE LARGECAP DIVIDEND ETF   2013-04-24 2014-06-26
426. ISHARES MSCI EUROZONE ETF   2013-08-15 2014-07-22
380. ISHARES MSCI UTD KINGXXX STOCK MERGER   2013-05-31 2014-07-22
698. VANGUARD FTSE EUROPE ETF   2013-07-26 2014-07-22
97. ISHARES IBOXX HIGH YIELD BOND ETF   2013-04-11 2014-08-04
224. SPDR BARCLAYS HIGH YIELD BOND ETF   2013-04-11 2014-08-04
320. FLEXSHARES TRUST ETF QUALITY DIVIDEND IDX FD   2013-11-01 2014-08-06
345. POWERSHS EXCH TRAD FD TR POWERSHARES DYNAMIC   2014-02-27 2014-08-07
320. CHARLES SCHWAB US REIT ETF   2014-02-27 2014-08-07
301. SECTOR SPDR TR SHS BEN   2014-02-27 2014-08-22
182. ISHARES NORTH AMERICAN TECH-MULTIMEDIA NETWORK-   2014-02-27 2014-08-25
228. WISDOMTREE LARGECAP DIVIDEND ETF   2013-04-24 2014-08-25
78. FIRST TRUST NYSE ARCA BIOTECH ID ETF   2014-05-29 2014-09-12
126. VANGUARD INFORMATION TECHNOLOGY ETF   2013-04-11 2014-09-12
138. GENERAL MILLS INC   2014-02-18 2014-09-26
790. POWERSHS EXCH TRAD FD TR POWERSHARES DYNAMIC   2014-02-27 2014-09-26
72. ISHARES US TRANSN AVG TRANSPORTATION AVERAGE   2014-05-09 2014-10-16
176. ISHARES NORTH AMERICAN TECH-MULTIMEDIA NETWORK-   2014-02-27 2014-10-16
223. GUGGENHEIM S&P 500 EQUAL WEI ENG ETF   2014-05-09 2014-10-16
98. WALT DISNEY CO   2013-10-14 2014-10-20
325. ISHR MSCI EAFE INDEX FUND   2013-02-01 2014-10-20
369. ISHARES 1-3 YEAR CREDIT BOND ETF   2013-04-11 2014-10-20
208. ISHARES MSCI EAFE VALUE ETF   2013-05-31 2014-10-20
345. PWRSHS FTSE RAFI DVPD MKT EX US ETF   2013-01-24 2014-10-20
1234. RIVERFRONT STRATEGIC INCOME ETF   2014-01-16 2014-10-30
57. ABBOTT LABORATORIES   2013-09-24 2014-10-30
239. BARCLAYS SELECT MLP ETN   2014-03-12 2014-10-30
46. BRISTOL MYERS SQUIBB CO   2014-08-25 2014-10-30
32. CVS CORP   2013-11-01 2014-10-30
99. CREDIT SUS X LKS CHG MLP INFR ETN   2013-04-11 2014-10-30
158. DEUTSCH X TRK MSCI EAFE HDG EQY ETF   2014-04-10 2014-10-30
33. DISCOVER FINANCIAL S   2013-09-11 2014-10-30
31. DOLLAR TREE INC   2014-06-26 2014-10-30
375. 1ST TR EXCH TRADED FD VI NASDAQ TECH DIVID INDEX   2014-02-24 2014-10-30
210. FLEXSHARES TRUST ETF QUALITY DIVIDEND IDX FD   2013-11-01 2014-10-30
303. GLOBAL X MLP ENERGY INFRASTRUCT ETF   2013-08-08 2014-10-30
34. GLOBAL X MLP ENERGY INFRASTRUCT ETF   2014-03-12 2014-10-30
305. GLOBAL X MSCI NORWAY ETF   2014-06-26 2014-10-30
147. ISHARES INC MSCI AUSTRALIA INDEX   2014-04-28 2014-10-30
65. ISHARES MSCI SPAIN CAPPED ETF   2014-07-22 2014-10-30
19. ISHARES US TRANSN AVG TRANSPORTATION AVERAGE   2014-05-09 2014-10-30
70. ISHARES MSCI ALL COUNTRY ASIA EX JAPAN ETF   2014-08-07 2014-10-30
98. ISHARES 1-3 YEAR CREDIT BOND ETF   2013-04-11 2014-10-30
203. ISHARES CORE MSCI EMERGING ETF   2014-08-06 2014-10-30
59. KINDER MORGAN INC   2014-08-25 2014-10-30
60. ORACLE CORPORATION   2014-08-25 2014-10-30
201. PIMCO 0-5 YEAR HIGH YLD BND IDX ETF   2013-07-03 2014-10-30
65. POWERSHARES KBW BANK ETF   2014-05-09 2014-10-30
401. SPDR BARCLAYS SHORT TERM CORP ETF   2014-03-14 2014-10-30
673. SPDR BARCLAYS SHORT TERM HIGH ETF   2013-07-03 2014-10-30
261. CHARLES SCHWAB US REIT ETF   2014-02-27 2014-10-30
200. SPDR FUND CONSUMER STAPLES ETF   2014-09-26 2014-10-30
85. VERIZON COMMUNICATIONS   2014-05-29 2014-10-30
213. WISDOMTREE LARGECAP DIVIDEND ETF   2014-10-16 2014-10-30
690. WISDOMTREE LARGECAP DIVIDEND ETF   2013-06-27 2014-10-30
43. WISDOMTREE JAPAN SMALCP DIVIDEND ETF   2013-07-09 2014-10-30
127. WISDOMTREE JAPAN HEDGED EQUITY ETF   2013-03-26 2014-10-30
342. WISDOMTREE EUROPE HEDGED EQTY ETF   2014-06-05 2014-10-30
313. ISHARES CORE MSCI EMERGING ETF   2014-09-12 2014-11-07
447. 1ST TR EXCH TRADED FD VI NASDAQ TECH DIVID INDEX   2014-02-24 2014-11-14
801. GLOBAL X MSCI NORWAY ETF   2014-07-22 2014-12-04
554. WISDOMTREE LARGECAP DIVIDEND ETF   2014-10-20 2014-12-04
182. VERIZON COMMUNICATIONS   2014-08-22 2014-12-12
348. ISHARES INC MSCI AUSTRALIA INDEX   2014-04-28 2014-12-24
160. ISHARES MSCI ALL COUNTRY ASIA EX JAPAN ETF   2014-08-07 2014-12-24
145. ISHARES CORE MSCI EMERGING ETF   2014-09-12 2014-12-24
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 8,188   7,948 240
b 13,235   12,782 453
c 17,879   17,925 -46
d 13,995   13,641 354
e 7,641   7,671 -30
7,861   6,808 1,053
16,805   15,512 1,293
7,510   7,689 -179
29,365   30,842 -1,477
60,469   49,990 10,479
2,890   2,224 666
40,074   40,124 -50
5,329   5,310 19
877   759 118
293   251 42
48   45 3
63   65 -2
1,139   1,042 97
247   200 47
757   656 101
3,297   3,288 9
3,721   3,577 144
710   695 15
168   149 19
1,963   1,713 250
907   810 97
2,933   2,958 -25
805   787 18
2,421   2,143 278
1,345   1,340 5
1,040   1,042 -2
7,281   7,272 9
1,381   1,229 152
99,975   88,644 11,331
6,732   6,494 238
1,886   1,416 470
5,963   5,877 86
373   374 -1
1,674   1,433 241
1,045   1,058 -13
1,032   1,030 2
6,531   6,368 163
4,005   3,662 343
2,564   2,569 -5
7,903   6,646 1,257
1,297   991 306
4,725   4,744 -19
11,374   10,274 1,100
795   775 20
951   867 84
9,102   6,916 2,186
7,671   6,232 1,439
45,920   46,155 -235
12,169   12,678 -509
25,661   22,588 3,073
3,053   2,618 435
13,224   13,919 -695
7,664   7,733 -69
4,691   4,498 193
20,192   17,723 2,469
16,968   16,136 832
13,056   12,406 650
6,667   6,409 258
10,920   10,498 422
13,713   11,611 2,102
17,502   15,523 1,979
7,946   7,155 791
41,212   36,078 5,134
8,974   9,187 -213
9,077   9,226 -149
10,937   10,312 625
9,350   9,175 175
11,232   10,197 1,035
12,790   12,085 705
6,299   6,417 -118
16,334   13,626 2,708
7,098   6,010 1,088
12,769   9,145 3,624
6,950   6,849 101
22,326   21,009 1,317
10,351   9,558 793
5,565   6,206 -641
16,104   18,695 -2,591
8,353   6,542 1,811
19,818   19,346 472
38,959   38,892 67
10,779   10,654 125
13,708   13,008 700
30,976   31,084 -108
2,467   1,967 500
7,462   6,486 976
2,697   2,334 363
2,736   2,007 729
3,409   2,866 543
4,296   4,236 60
2,072   1,666 406
1,840   1,662 178
9,957   9,201 756
7,411   6,767 644
5,852   4,509 1,343
657   563 94
4,538   5,490 -952
3,713   3,904 -191
2,419   2,679 -260
2,927   2,619 308
4,372   4,470 -98
10,330   10,329 1
10,194   10,560 -366
2,263   2,395 -132
2,309   2,506 -197
20,986   20,719 267
2,378   2,268 110
12,323   12,342 -19
20,109   20,310 -201
9,678   8,539 1,139
9,258   9,028 230
4,241   4,218 23
15,287   13,796 1,491
49,522   41,454 8,068
2,155   2,084 71
6,416   5,507 909
18,930   20,441 -1,511
15,448   16,414 -966
12,360   10,968 1,392
10,830   14,368 -3,538
41,470   37,546 3,924
8,330   8,919 -589
7,698   9,242 -1,544
9,656   10,218 -562
6,772   7,622 -850
      7,294
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       240
b       453
c       -46
d       354
e       -30
      1,053
      1,293
      -179
      -1,477
      10,479
      666
      -50
      19
      118
      42
      3
      -2
      97
      47
      101
      9
      144
      15
      19
      250
      97
      -25
      18
      278
      5
      -2
      9
      152
      11,331
      238
      470
      86
      -1
      241
      -13
      2
      163
      343
      -5
      1,257
      306
      -19
      1,100
      20
      84
      2,186
      1,439
      -235
      -509
      3,073
      435
      -695
      -69
      193
      2,469
      832
      650
      258
      422
      2,102
      1,979
      791
      5,134
      -213
      -149
      625
      175
      1,035
      705
      -118
      2,708
      1,088
      3,624
      101
      1,317
      793
      -641
      -2,591
      1,811
      472
      67
      125
      700
      -108
      500
      976
      363
      729
      543
      60
      406
      178
      756
      644
      1,343
      94
      -952
      -191
      -260
      308
      -98
      1
      -366
      -132
      -197
      267
      110
      -19
      -201
      1,139
      230
      23
      1,491
      8,068
      71
      909
      -1,511
      -966
      1,392
      -3,538
      3,924
      -589
      -1,544
      -562
      -850
       
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 81,577
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 540,101 8,533,751 0.06329
2012 479,214 8,084,267 0.059277
2011 395,167 8,141,776 0.048536
2010 349,083 8,141,832 0.042875
2009 560,826 9,274,831 0.060468
2 Total of line 1, column (d) ...................... 2 0.274446
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 0.054889
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 5,628,531
5 Multiply line 4 by line 3....................... 5 308,944
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 406
7 Add lines 5 and 6......................... 7 309,350
8 Enter qualifying distributions from Part XII, line 4.............. 8 519,857
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 1 406
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........................... 3 406
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- ..... 5 406
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 1,408
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 1,408
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 1,002
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet440 RefundedBullet 11 562
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
Yes
 
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)
    bulletNC
    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 ofbulletCHARLES SCHWAB BANK Telephone no.bullet (800) 745-7721
    Located atbullet4250 LANCASTER PIKE SUITE 100WILMINGTONDE ZIP+4bullet198059805
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    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
    ANNE FARLAND ARWOOD TRUSTEE
    40     		0    
    1138 ZIMMER DRIVE NE
    ATLANTA,GA30306
    MARY PRICE TAYLOR HARRISON TRUSTEE
    40     		0    
    510 GLENWOOD AVE
    RALEIGH,NC27603
    LAURA deBOISFEUILLET EDWARDS TRUSTEE
    40     		0    
    406 WEST PATTERSON PL
    CHAPEL HILL,NC27516
    CHARLES SCHWAB BANK TRUSTEE
    40     		16,907    
    4250 LANCASTER PIKE SUITE 100
    WILMINGTON,DE198059805
    KATHLEEN CLAY FARLAND TRUSTEE
    40     		0    
    505 COURT STREET APT 6A
    BROOKLYN,NY11231
    MARGARET FARLAND GRIFFIN TRUSTEE
    40     		0    
    107 A MULBERRY ST
    CARBORO,NC27510
    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
    5,714,245
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,714,245
    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
    5,714,245
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    85,714
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,628,531
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    281,427
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    281,427
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    406
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    406
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    281,021
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    281,021
    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
    281,021
    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
    519,857
    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
    519,857
    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
    406
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    519,451
    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 7 281,021
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 0
    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....... 111,646
    fTotal of lines 3a through e......... 111,646
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 519,857
    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..... 281,021
    e Remaining amount distributed out of corpus 238,836
    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 5 350,482
    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) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		350,482
    10 Analysis of line 9:
    a Excess from 2010.... 0
    b Excess from 2011.... 0
    c Excess from 2012.... 0
    d Excess from 2013.... 111,646
    e Excess from 2014.... 238,836
    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).)
    NA
    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.
    NA
    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
    CAROLINA THEATRE OF GREENSBORO
    ATTN KEITH HOLLIDAY
    310 SOUTH GREENE ST
    GREENSBORO,NC27401     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    NATIONAL STUDENTS OF AMF SUPPORT NETWORK
    3344 HILLSBOROUGH STREET STE 260
    RALEIGH,NC27607     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    BROOKLYN ACADEMY OF MUSIC INC
    ATTN KAITLYN MCKEON
    30 LAFAYETTE AVENUE
    BROOKLYN,NY11217     		NONE EXEMPT BAMCINEMATEK 2,500
    FIFTH AVENUE COMMITTEE INC-SEND UPS
    ATTN RON ZAK
    621 DEGRAW STREET
    BROOKLYN,NY11217     		NONE EXEMPT ANGELS AMONG US, TEAM 2,500
    ENVIRONMENTAL DEFENSE FUND
    ATTN JANE PREYER
    4000 WESTCHASE BOULEVARD SUITE 510
    RALEIGH,NC27607     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 6,500
    MUSEUM OF MODERN ART
    ATTN KRISTEN ROBINSON
    11 WEST 53RD STREET
    NEW YORK,NY10019     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 11,000
    WOMEN MAKE MOVIES
    ATTN DEBRA ZIMMERMAN
    115 W 29TH STREET SUITE 1200
    NEW YORK,NY10001     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    WATERKEEPER'S ALLIANCE
    17 BATTERY PARK PLACE STE 1329
    NEW YORK,NY10004     		NONE EXEMPT COAL ASH CHRONICLES 9,000
    EMMA WILLARD SCHOOL
    ATTN BRENDA BRUNELLE
    285 PAWLING AVENUE
    TROY,NY12180     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 2,000
    KIDZU CHILDRENS MUSEUM
    ATTN PAM WALL
    123 WEST FRANKLIN STREET
    CHAPEL HILL,NC27516     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    RED HOOK INITIATIVE
    ATTN JILL EISENHARD
    767 HICKS STREET
    BROOKLYN,NY11231     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 3,000
    THE NATURE CONSERVANCY
    ATTN KRISTEN HUFFMAN
    4705 UNIVERSITY DRIVE SUITE 290
    DURHAM,NC27707     		NONE EXEMPT NC CHAPTER 1,000
    JUVENILE DIABETES RESEARCH FOUNDATI
    ATTN BECCA DAVIDSON
    1801 LIBBIE AVENUE
    RICHMOND,VA23226     		NONE EXEMPT SUSAN RUSSELL'S DEATH 1,000
    NC MUSEUM OF ART FOUNDATION
    ATTN KATHRYN FULLER YANDELL
    4630 MAIL SERVICE CENTER
    RALEIGH,NC27699     		NONE EXEMPT CAPITAL CAMPAIGN 10,000
    WESTERN CAROLINA UNIVERSITY FOUNDA-
    TION ATTN MEG WHITE
    201 HF ROBINSON
    CULLOWHEE,NC28723     		NONE EXEMPT STUDY OF DEVELOPED 2,500
    NC LEAGUE CONSERVATION VOTERS
    ATTN CARRIE CLARK
    PO BOX 12671
    RALEIGH,NC27605     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 5,000
    PSI CONTEMPORARY ARTS CENTER INC
    ATTN ANGELA GODING
    22-25 JACKSON AVENUE
    LONG ISLAND CITY,NY11101     		NONE EXEMPT MOMA PSI ANNUAL FUND 500
    NATIONAL FILM PRESERVE
    ATTN MELISSA DEMICCO
    800 JONES ST
    BERKELEY,CA94710     		NONE EXEMPT TELLURIDE FILM FESTIVAL 5,000
    SOUTHERN COALITION FOR SOCIAL JUSTI
    ATTN SHOSHANNAH SAYERS
    1415 WEST HIGHWAY 54 SUITE 101
    DURHAM,NC27707     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 16,000
    MUSEUM OF LIFE AND SCIENCE
    ATTN ALICIA HEACOCK
    433 MURRAY AVENUE
    DURHAM,NC27704     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,500
    TABLE INC
    ATTN ASHTON CHATHAM
    205 W WEAVER STREET
    CARRBORO,NC27510     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    BLUEPRINT NC
    ATTN SEAN KOSOFSKY
    2912 HIGHWOODS BLVD
    RALEIGH,NC27604     		NONE EXEMPT EDUCATION ON MARRIAGE 36,000
    CENTER FOR AMERICAN PROGRESS
    1333 H STREET NW 10TH FLOOR
    WASHINGTON,DC20005     		NONE EXEMPT GENERAL PURPOSE 5,000
    NC TIGERS
    ATTN SHANE BRADLEY
    5601 ORCHID HILL DRIVE
    RALEIGH,NC27613     		NONE EXEMPT GENERAL PURPOSE 1,000
    BOVATA GARDENS SANCTUARY
    ATTN PAUL MEINHART
    4228 OLD JULIAN ROAD
    JULIAN,NC27283     		NONE EXEMPT 15 ACRE ANIMAL REFUGE 5,000
    ST ANDREW'S SCHOOL
    ATTN MARY E CAMERON
    350 NOXONTOWN ROAD
    MIDDLETOWN,DE19709     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 6,000
    FILM FORUM
    ATTN DENYSE OWENS
    209 WEST HOUSTON STREET
    NEW YORK,NY10014     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 500
    GREENHILL CENTER FOR NC ART
    ATTN LAURA WAY
    200 NORTH DAVIE STREET BOX 4
    GREENSBORO,NC27401     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    THE CONSERVATION FUND
    ATTN KATHLEEN MARKS
    PO BOX 2711
    CHAPEL HILL,NC275140271     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 2,500
    THE SOUTHERN ENVIRONMENTAL LAW
    CENTER ATTN JENNIS WARREN
    601 WEST ROSEMARY ST STE 220
    CHAPEL HILL,NC275162356     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 6,000
    THE HUMAN RIGHTS CAMPAIGN FOUNDATIO
    ATTN TRICIA BENSON
    1640 RHODE ISLAND AVENUE NW
    WASHINGTON,DC20036     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 5,000
    PROJECT HOPE
    ATTN RICHARD FARLAND
    255 CARTER HALL LANE PO BOX 250
    MILLWOOD,VA22646     		NONE EXEMPT FOR THE FUND FOR THE HAINA 5,000
    ST CATHERINE'S SCHOOL FOUNDATION
    ATTN DEBORAH A DUNLAP
    6001 GROVE AVENUE
    RICHMOND,VA23226     		NONE EXEMPT ANNUAL FUND - CAPITAL 5,000
    PRESTON ROBERT TISCH BRAIN TUMOR
    CENTER AT DUKE ATTN E P STAINBACK
    201 TRENT DR BAKER HOUSE ROOM 047
    DURHAM,NC27710     		NONE EXEMPT DUKE 10 BT MELANIE'S ANGEL 25,000
    DUKE UNIVERSITY ENDOWMENT
    ATTN ALUMNI & DEVELOPEMTN RECORDS
    DUKE UNIVERSIT PO BOX 90581
    DURHAM,NC277080581     		NONE EXEMPT MELANIE ANNE TAYLOR 20,000
    DUKE UNIVERSITY MARINE LAB
    ATTN BELINDA WILLIFORD
    135 DUKE MARINE LAB ROAD
    BEAUFORT,NC28516     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    DUKE PEDIATRIC BONE MARROW TRNS UN
    ATTN SCOTT MOFIELD DIRECTOR
    DUMC PO BOX 3350
    DURHAM,NC27710     		NONE EXEMPT IN HONOR OF CHRISTOPHER 500
    IRON DUKES
    ATTN JACK WINTERS
    116 CAMERON INDOOR STADIUM-BX 90542
    DURHAM,NC277080542     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 16,000
    DUKE UNIVERSITY
    ATTN MARY JANE MORROW ALUMNI AFFA
    225 ALLEN BUILDING
    DURHAM,NC27708     		NONE EXEMPT EMS SCHOLARSHIP PROGRAM 9,000
    WAKE FOREST UNIVERSITY WFDD-FM
    ATTN MOLLY DAVIS
    1834 WAKE FOREST ROAD 8850
    WINSTONSALEM,NC27109     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    MOSES CONE HOSPITAL
    ATTN BILL PORTER
    1200 N ELM STREET
    GREENSBORO,NC27401     		NONE EXEMPT GREENSBORO CANCER CENTER 6,000
    YMCA OF THE TRIANGLE AREA
    ATTN LISA BROWN
    801 CORPORATE CENTER DRIVE
    RALEIGH,NC27607     		NONE EXEMPT NC CAMPER SCHOLARSHIP 4,000
    PENLAND SCHOOL OF CRAFTS
    ATTN JEAN W MCLAUGHLIN
    67 DORAS TRAIL
    PENLAND,NC28765     		NONE EXEMPT CAPITAL CAMPAIGN ANNUAL 15,000
    UNITED ARTS COUNCIL GREENSBORO
    ATTN CHIP BERRY
    PO BOX 877
    GREENSBORO,NC27402     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    CAROLINA FRIENDS SCHOOL
    ATTN ANTHONY L CLAY
    4809 FRIENDS SCHOOL ROAD
    DURHAM,NC277058193     		NONE EXEMPT CHAPEL HILL EARLY SCHOOL 41,000
    GREENSBORO URBAN MINISTRY
    ATTN MARIE WHITFIELD CPA
    305 WEST LEE STREET
    GREENSBORO,NC27406     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 2,500
    UNC LAW FOUNDATION INC
    ATTN DANA DUBIS
    CAMPUS BOX 3382
    CHAPEL HILL,NC275993382     		NONE EXEMPT LAW SCHOOLS PUBLIC INTEREST 4,000
    GREENSBORO DAY SCHOOL
    ATTN NANCY ROBERTS
    5401 LAWNDALE DRIVE
    GREENSBORO,NC27455     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    ACLU NCLF
    ATTN JENNIFER RUDINGER
    P O BOX 28004
    RALEIGH,NC276118004     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 3,000
    IPAS
    ATTN DEE LUTZ
    P O BOX 5027
    CHAPEL HILL,NC27514     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    UNC-CH SEXUALITY STUDIESARTS & SCI
    ATTN PEYTON DANIELS
    134 E FRANKLIN STREET CB6115
    CHAPEL HILL,NC275996115     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 5,000
    FRIENDS OF NC MUSEUM OF NAT
    ATTN ANGELA BAKER-JAMES
    11 WEST JONES STREET
    RALEIGH,NC27601     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    PLANNED PARENTHOOD HEALTH SYSTEMS
    ATTN BRENT TROTH
    1704 BATTLEGROUND AVENUE
    GREENSBORO,NC27408     		NONE EXEMPT GREENSBORO CHAPTER 1,000
    NC JUSTICE CENTER
    ATTN ROB SCHOFIELD
    PO BOX 28068
    RALEIGH,NC27611     		NONE EXEMPT NC POLICY WATCH PROGRAM 2,500
    CHAPEL HILL-CARRBORO PUBLIC SCHOOL
    FOUNDATION ATTN KIM HOKE
    PO BOX 877
    CARRBORO,NC27510     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    THE NORTH CAROLINA AQUARIUM SOCIETY
    ATTN MARK JOYNER
    3125 POPLARWOOD CT SUITE 160
    RALEIGH,NC27604     		NONE EXEMPT PINE KNOLL SHORES AQUARIUM 500
    CENTER FOR DOCUMENTARY STUDIES
    ATTN VIRGINIA GUILFOILE
    324 BLACKWELL ST STE 500
    DURHAM,NC27701     		NONE EXEMPT FULL FRAME FILM FEST FOR 15,000
    PIEDMONT LAND CONSERVANCY
    ATTN JERI DONNELLY
    PO BOX 4025
    GREENSBORO,NC274044025     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 2,000
    GREENSBORO HOUSING COALITION
    ATTN BETH MCKEE-HUGER
    122 NORTH ELM STREET STE M-4
    GREENSBORO,NC27401     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 2,500
    CORE SOUND WATERFOWL MUSEUM
    ATTN KAREN WILLIS AMSPACHER
    PO BOX 556
    HARKERS ISLAND,NC28531     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 3,000
    PUBLIC RADIO EAST FOUNDATION
    ATTN CRAIG BRAKE JILL MCGUIRE
    800 COLLEGE COURT
    NEW BERN,NC28562     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    INTERNATIONAL CIVIL RIGHTS CENTER AND
    MUSEUM ATTN JOHN SWAINE
    134 SOUTH ELM STREET
    GREENBORO,NC27401     		NONE EXEMPT 1960 SOCIETY PLEDGE 2,500
    TROSA
    ATTN BRAD D JOHNSON
    1820 JAMES STREET
    DURHAM,NC27707     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    CENTER FOR DEATH PENALTY LITIGATION
    ATTN SANDY DEMEREE
    201 WEST MAIN STREET SUITE 301
    DURHAM,NC27701     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 2,000
    CORNUCOPIA CANCER SUPPORT CENT
    ATTN MARY LAWRENCE
    5517 DURHAM CHAPEL HILL STE 1000
    DURHAM,NC277073328     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 5,000
    KAREN BEASLEY SEA TURTLE R&R
    PO BOX 2663
    SURF CITY,NC28445     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 5,000
    APPALACHIAN VOICES
    ATTN SHAY BOYD
    191 HOWARD STREET
    BOONE,NC28607     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 2,000
    WATTS SCHOOL OF NURSING
    ATTN PEGGY WALTERS EDD MSN MED
    2828 CROASDAILE DRIVE SUITE 200
    DURHAM,NC27705     		NONE EXEMPT MELANIE ANNE TAYLOR 17,000
    SENIOR PHARMASSIST INC
    ATTN GINA UPCHURCH
    406 RIGSBEE AVENUE SUITE 201
    DURHAM,NC277012186     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,500
    UNITED ANIMAL COALITION
    4525 WEST WENDOVER AVENUE
    GREENSBORO,NC27409     		NONE EXEMPT GENERAL PURPOSE 4,500
    DEMOCRACY NORTH CAROLINA
    ATTN BOB HALL
    1821 GREEN STREET
    DURHAM,NC27705     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 4,000
    WUNC-FM
    ATTN JENNIFER FUSCO
    120 FRIDAY CENTER DRIVE
    CHAPEL HILL,NC27517     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 8,000
    INSTITUTE FOR THE ENVIRONMENT - UNC
    ATTN TONY REEVY
    CAMPUS BOX 1105
    CHAPEL HILL,NC275991105     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 2,500
    UNC WOMEN'S LEADERSHIP COUNCIL
    ATTN CANDACE CLARK
    208 WEST FRANKLIN STREET
    CHAPEL HILL,NC27516     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,500
    THE MEDICAL FOUNDATION OF UNC INC
    ATTN ANNE HAGER-BLUNK
    880 MLK JR BLVD
    CHAPEL HILL,NC27514     		NONE EXEMPT UNC HOSPICE IN HONOR OF 1,000
    THE EDUCATIONAL FOUNDATION INC
    ATTN SUE WALSH
    P O BOX 2446
    CHAPEL HILL,NC27515     		NONE EXEMPT NEW KENAN CAPITAL 20,000
    UNC-TV
    ATTN CATHY DOBBINS
    PO BOX 14900
    RESEARCH TRIANGLE PARK,NC27709     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    GEORGIA LIONS LIGHTHOUSE FOUNDATION
    ATTN JIM ADAMS
    5582 PEACHTREE ROAD
    CHAMBLEE,GA30341     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    ROLLINS SCHOOL PUBLIC HEALTH
    ATTN KATHLEEN PRESSWALA
    1518 CLIFTON RD STE 14000970-001-
    ATLANTA,GA30322     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 2,000
    JUNIOR LEAGUE OF ATLANTA
    ATTN CATHY OTTLEY
    3154 NORTHSIDE PKWY
    ATLANTA,GA303271597     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 2,500
    INST FOR SOUTHERN STUDIESFACI
    ATTN CHRIS KROMM
    PO BOX 531
    DURHAM,NC277020531     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 2,000
    LULLWATER CONSERVATION GARDEN INC
    PO BOX 133135
    ATLANTA,GA30333     		NONE EXEMPT GENERAL 10,000
    ATLANTA BOTANICAL GARDEN
    ATTN REBEKKA KUNTSCHIK
    1345 PIEDMONT AVENUE NE
    ATLANTA,GA30309     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    EQUALITY NC FOUNDATION
    ATTN MELISSA CARTWRIGHT
    PO BOX 28768
    RALEIGH,NC27611     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,500
    PLANNED PARENTHOOD OF CENTRAL NC
    ATTN BECKY CARVER
    P O BOX 3258
    CHAPEL HILL,NC27515     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 11,000
    NORTH CAROLINA COASTAL FEDERATION
    ATTN SALLY STEELE
    3609 HIGHWAY 24
    NEWPORT,NC25870     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 8,000
    HAW RIVER ASSEMBLY INC
    ATTN ELAINE CHIOSSO
    PO BOX 187
    BYNUM,NC27228     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    CONSERVATION TRUST FOR NC
    ATTN JOHN A BELL
    1028 WASHINGTON STREET
    RALEIGH,NC27605     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 2,000
    CLEAN WATER FOR NC
    ATTN HOPE TAYLOR
    29 1/2 PAGE AVENUE
    ASHEVILLE,NC28801     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 2,000
    MARBLES KIDS MUSEUM
    ATTN SARA DELEO
    201 E HARGETT STREET
    RALEIGH,NC27601     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    DRUID HILLS UNITED METHODIST
    PRESCHOOL ATTN MARGARET WATERBURY
    1200 PONCE DE LEON AVENUE
    ATLANTA,GA30306     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 2,000
    OLMSTED LINEAR PARK ALLIANCE
    ATTN ALEX MCCRAY
    PO BOX 5500
    ATLANTA,GA31107     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,000
    FERST FOUNDATION FOR CHILDHOOD
    LITERACY ATTN TERA COCHRAN
    PO BOX 1327
    MADISON,GA30650     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 750
    NC CONSERVATION NETWORK
    ATTN BRIAN BUZBY
    19 EAST MARTIN STREET SUITE 300
    RALEIGH,NC27601     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 5,000
    FERNBANK MUSEUM OF NATURAL HISTORY
    ATTN CATHERINE STOLARSKI
    767 CLIFTON ROAD NE
    ATLANTA,GA30307     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 1,200
    EYES EARS NOSE AND PAWS
    ATTN MARIA IKENBERRY
    209 LLOYD STREET SUITE 320
    CARRBORO,NC27510     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 14,500
    NATIONAL CAUCUS OF ENVIRONMENTAL
    LEGISLATORS ATTN JRTOLBERT
    1301 PENNSYLVANIA AVE NW STE 800
    WAHINGTON,DC20004     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 2,500
    INTERACTIVE RESOURCE CENTER
    ATTN LIZ SEYMOUR
    407 EAST WASHINGTON STREET
    GREENSBORO,NC27401     		NONE EXEMPT GENERAL PURPOSE OF CHARITY 2,500
    THE SIERRA CLUB FOUNDATION
    ATTN MOLLY DIGGINS
    85 SECOND ST STE 750
    SAN FRANCISCO,CA84105     		NONE EXEMPT NC CHAPTER GENERAL FUND 2,500
    Total .................................bullet 3a 502,950
    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 ............     		         
    4 Dividends and interest from securities....     14 35,105  
    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 81,577  
    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)..   116,682  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13116,682
    (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 InvestmentsCorpStockSchedule
    Name:
    JULIAN PRICE FAMILY FOUNDATION
    EIN: 31-1665269
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BRISTOL-MYERS SQUIBB CO - 107 5,428 6,316
    INTERNATIONAL PAPER CO - 109 S 5,929 5,840
    KINDER MORGAN HOLDCO LLC 5,237 5,458
    ORACLE CORPORATION - 126 SHS 5,262 5,666
    ABBOTT LABORATORIES - 127 SHS 4,384 5,718
    CVS CAREMARK CORP - 74 SHS 4,640 7,127
    COLGATE-PALMOLIVE CO - 99 SHS    
    DISNEY WALT CO - 101 SHS    
    DISCOVER FINANCIAL SVCS - 78 3,939 5,108
    DOLLAR TREE INC - 79 SHS 4,235 5,560

    TY 2014 InvestmentsOtherSchedule2
    Name:
    JULIAN PRICE FAMILY FOUNDATION
    EIN: 31-1665269
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    JAMES BALANCED GOLDEN AT COST 92,374 112,209
    INTEGRO EARTH FUELS 5% PFD STK AT COST 300,000 300,000
    IQMAX INC CERTIFICATE C-288 AT COST 1,301,014 1,301,014
    BARCLAYS BANK ETN AT COST 14,871 16,763
    JHANCOCK2 GLBL ABSOLUTE AT COST 101,075 103,145
    MONTAGUE CAPITAL LP CLASS D AT COST 818,336 818,336
    MONTAGUE CAPITAL LP CLASS A AT COST 1,012,670 1,012,670
    ALPS TRUST ETF AT COST 68,844 67,888
    MONTAGUE CAPITAL LP CL B IQMAX AT COST 562,300 562,300
    MONTAGUE CAP LP CL C ORGANOVO      
    ADA CAPITAL GROUP INC AT COST 1,250,000 1,250,000
    FIRST TR EXCH TRADED FD VI AT COST 9,839 11,099
    DBX TRACKERS MSCI ETF AT COST 38,121 37,773
    ISHARES MSCI CDA IDX FD      
    ISHARES MSCI EMU INDX FD      
    ISHARES MSCI SPAIN IDX AT COST 7,170 6,026
    ISHARES MSCI UTD KINGDM      
    ISHARES TR MSCI EAFE FD      
    ISHARES MSCI ALL COUNTRY      
    ISHARES DJ US TRANSN IDX AT COST 6,918 7,875
    POWERSHS EXCH TRAD FD TR      
    POWERSHARES ETF AT COST 5,442 5,961
    POWERSHARES S&P ETF      
    POWERSHS EXCH TRAD FD TR AT COST 5,854 6,012
    SPDR BARCLAYS CAPITAL AT COST 26,623 26,447
    SCH US REIT ETF AT COST 19,008 22,630
    SECTOR SPDR TR CON STPLS AT COST 20,222 21,724
    SECTOR SPDR ENGY SELECT AT COST 10,986 10,687
    VANGUARD EUROPE ETF AT COST 82,215 77,924
    VANGUARD EUROPEAN      
    VANGUARD INDUSTRIALS      
    VANGUARD CORP BOND ETF      
    WISDOMTREE LARGECAP DIV AT COST 104,923 112,946
    WISDOMTREE JAPAN TOT DIV AT COST 27,190 26,880
    GUGGENHEIM EXCH TR FD      
    CREDIT SUISSE ETN F AT COST 6,629 7,312
    FLEXSHARES TRUST ETF AT COST 17,465 19,620
    GLOBAL X ETF AT COST 13,987 14,692
    ISHARES MSCI KOREA IDX      
    ISHARES MSCI JPN IDX FD      
    ISHARES TRUST IBOXX $ HIGH      
    ISHARES TR LEHMAN 1-3 YEAR AT COST 23,722 23,666
    ISHARES MSCI VAL IDX FD      
    PIMCO ETF AT COST 46,391 44,567
    POWERSHS EXCH TRAD FD TR      
    SPDR S&P INSURANCE ETF      
    SPDR BARCLAYS ETF AT COST 45,685 43,163
    VANGUARD INFO TECHNOLOGY      
    WISDOMTREE JAP SMCAP DIV AT COST 4,604 4,609
    IQMAX INC PROM NOTE DTD 3/6/13 AT COST 200,000 200,000
    INTEGRO EARTH FUELS INC NOTE AT COST 100,000 100,000
    INTEGRO EARTH FUELS PROM NOTE AT COST 100,000 100,000
    SSE GROUP LLC CLASS A AT COST 1,443,959 1,575,361

    TY 2014 OtherDecreasesSchedule
    Name:
    JULIAN PRICE FAMILY FOUNDATION
    EIN: 31-1665269
    Description Amount
       
       
       


    TY 2014 OtherExpensesSchedule
    Name:
    JULIAN PRICE FAMILY FOUNDATION
    EIN: 31-1665269
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER ALLOCABLE EXPENSE-PRINCI 3,157 3,157   0


    TY 2014 OtherIncreasesSchedule
    Name:
    JULIAN PRICE FAMILY FOUNDATION
    EIN: 31-1665269
    Description Amount
       
       
       


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    JULIAN PRICE FAMILY FOUNDATION
    EIN: 31-1665269
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER ALLOCABLE EXPENSES - 2% 5,006 5,006    
    INVESTMENT MGMT FEES-SUBJECT T 67,638 67,638    


    TY 2014 TaxesSchedule
    Name:
    JULIAN PRICE FAMILY FOUNDATION
    EIN: 31-1665269
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX PAYMENT - PRIOR YE 798 0   0
    FEDERAL ESTIMATES - PRINCIPAL 1,400 0   0
    FOREIGN TAXES ON QUALIFIED FOR 240 240   0
    FOREIGN TAXES ON NONQUALIFIED 89 89   0