TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2014

Open to Public Inspection

For calendar year 2014, or tax year beginning 2014, and ending , 20

Name of foundation
CHARLES T CAMPBELL-CHARITABLE FDN

Number and street (or P.O. box number if mail is not delivered to street address)PNC BANK NA PO BOX 609 Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA152309738

A Employer identification number

25-1287221

B Telephone number (see instructions)

(412) 762-8133

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$8,331,078J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

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


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	169,575		169,575
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		617,185
b	Gross sales price for all assets on line 6a 2,868,895
7	Capital gain net income (from Part IV, line 2)...			617,185
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).......		10,000
12	Total. Add lines 1 through 11........	796,760		786,760
13	Compensation of officers, directors, trustees, etc.	5,103		2,552		2,551
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)....		33,509			33,509
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		11,702			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).......		1,500
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	51,814		2,552	0	36,060
25	Contributions, gifts, grants paid........	356,900				356,900
26	Total expenses and disbursements. Add lines 24 and 25	408,714		2,552	0	392,960
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	388,046
b	Net investment income (if negative, enter -0-)			784,208
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	294,254	125,687	125,687
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)		100,131	101,141
	b	Investments—corporate stock (attach schedule)........	5,101,601	1,587,837	2,120,539
	c	Investments—corporate bonds (attach schedule)........	1,385,407	803,654	814,700
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	194,970	4,741,460	5,169,011
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	6,976,232	7,358,769	8,331,078
	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 )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	6,976,232	7,323,531
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds		35,238
	30	Total net assets or fund balances (see instructions)......	6,976,232	7,358,769
	31	Total liabilities and net assets/fund balances (see instructions)..	6,976,232	7,358,769

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	6,976,232
2	Enter amount from Part I, line 27a.....................	2	388,046
3	Other increases not included in line 2 (itemize)	3	10
4	Add lines 1, 2, and 3..........................	4	7,364,288
5	Decreases not included in line 2 (itemize)	5	5,519
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	7,358,769

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	380. ALTRIA GROUP INC		2013-05-17	2014-02-26
b	220. CHEVRON CORPORATION		2010-09-07	2014-02-26
c	930. CITIGROUP INC		2013-04-01	2014-02-26
d	250. COMCAST CORPORATION CL A		2012-10-03	2014-02-26
e	1050. D R HORTON INC		2013-04-01	2014-02-26
	140. EXXON MOBIL CORP		2009-06-01	2014-02-26
	500. FIFTH THIRD BANCORP		2012-10-03	2014-02-26
	340. HERSHEY FOODS CORP COM		2010-09-07	2014-02-26
	260. HOME DEPOT INC COM		2012-05-10	2014-02-26
	200. J P MORGAN CHASE & CO COM		2004-10-21	2014-02-26
	230. QUALCOMM		2011-05-20	2014-02-26
	320. WELLS FARGO & CO NEW COM		2009-11-16	2014-02-26
	420. ENSCO PLC CLASS A SEDOL B4VLR19		2013-04-01	2014-02-26
	270. PVH CORP		2013-04-01	2014-03-13
	2228.985 DRIEHAUS ACTIVE INCOME FUND FUND 640		2011-06-01	2014-03-19
	10011.464 EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FUND		2011-06-01	2014-03-19
	4638.219 PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD INSTL CL		2011-06-01	2014-03-19
	.945 TEMPLETON GLOBAL BOND FUND AD FUND		2013-12-18	2014-03-19
	3963.948 TEMPLETON GLOBAL BOND FUND AD FUND		2011-09-21	2014-03-19
	1. WACHOVIA CORP		2001-01-01	2014-03-24
	50. ALLERGAN INC		2009-11-16	2014-04-23
	70. AMERICAN EXPRESS CO		2010-04-15	2014-04-23
	1672.241 ARTISAN FDS INC INTERNATIONAL		2011-05-20	2014-04-23
	80.026 ARTISAN MID CAP VALUE FUND FD 1464		2013-11-21	2014-04-23
	1929.326 ARTISAN MID CAP VALUE FUND FD 1464		2011-12-15	2014-04-23
	60. B/E AEROSPACE INC		2013-05-02	2014-04-23
	50. BOEING CO		2012-10-03	2014-04-23
	90. CBS CORP CLASS B WI		2013-05-17	2014-04-23
	230. DELTA AIR LINES INC		2013-07-26	2014-04-23
	80. DISCOVER FINANCIAL W/I		2012-10-03	2014-04-23
	610. EBAY INC		2011-05-20	2014-04-23
	100. FRANKLIN RES INC COM		2013-07-02	2014-04-23
	220. GOLDMAN SACHS GROUP INC COM		2013-01-24	2014-04-23
	670. HALLIBURTON CO		2013-05-02	2014-04-23
	689.56 HARBOR FD INTL FD		2011-11-07	2014-04-23
	460. NIKE INC CL B		2013-04-01	2014-04-23
	40. POLARIS INDS INC		2013-04-01	2014-04-23
	30. VISA INC CLASS A SHARES		2013-02-14	2014-04-23
	150. YAHOO! INC COM		2013-07-23	2014-04-23
	1500. FIFTH THIRD BANCORP		2012-10-03	2014-05-02
	60000. USA TREASURY NOTES 04.750% DUE 05/15/2014		2007-05-14	2014-05-15
	130. ALLERGAN INC		2009-11-16	2014-06-18
	380. B/E AEROSPACE INC		2013-05-02	2014-06-18
	50. GOOGLE INC-CL C		2011-05-20	2014-06-18
	800. YAHOO! INC COM		2013-07-23	2014-06-27
	240. AETNA INC NEW		2013-05-31	2014-08-05
	130. ALLERGAN INC		2009-11-16	2014-08-05
	120. AMERICAN EXPRESS CO		2010-04-15	2014-08-05
	3291.639 ARTISAN FDS INC INTERNATIONAL		2011-11-07	2014-08-05
	190. FRANKLIN RES INC COM		2013-07-02	2014-08-05
	300. HERSHEY FOODS CORP COM		2010-09-07	2014-08-05
	700. REGIONS FINANCIAL CORP		2013-07-02	2014-08-05
	290. SHIRE PLC SPONSORED ADR		2011-05-20	2014-08-05
	3702.624 ARTISAN FDS INC INTERNATIONAL		2011-09-21	2014-08-21
	18.289 FIDELITY ADVISOR FLOATING HIGH INCOME FUND I		2013-12-09	2014-08-21
	5055.078 FIDELITY ADVISOR FLOATING HIGH INCOME FUND I		2012-10-09	2014-08-21
	400. FRANKLIN RES INC COM		2013-07-02	2014-08-21
	1240.143 HARDING LOEVNER EMERGING MARKETS PORTOFLIO FUND		2012-06-06	2014-08-21
	33.414 HARDING LOEVNER EMERGING MARKETS PORTOFLIO FUND		2013-12-20	2014-08-21
	.522 VIRTUS EMERGING MARKETS OPPORTUNITY FUND CL I		2013-12-20	2014-08-21
	21.961 VIRTUS EMERGING MARKETS OPPORTUNITY FUND CL I		2014-06-20	2014-08-21
	2453.386 VIRTUS EMERGING MARKETS OPPORTUNITY FUND CL I		2012-12-21	2014-08-21
	1. PHARMACIA CORPORATION MERGED 04/16/2003 SEE XXX-XX-XXXX		2001-01-01	2014-09-02
	700. CVS CAREMARK CORP		2013-04-01	2014-09-19
	1310. DELTA AIR LINES INC		2013-07-26	2014-09-19
	2946.376 DIAMOND HILL LONG-SHORT FUND CL I		2011-06-01	2014-09-19
	894.055 DIAMOND HILL LONG-SHORT FUND CL I		2013-11-22	2014-09-19
	50. GOOGLE INC CL A		2011-05-20	2014-09-19
	2882.001 HARBOR FD INTL FD		2011-09-21	2014-09-19
	700. ISHARES BARCLAYS 7-10 YEAR TREASURY		2012-05-10	2014-09-19
	450. MICROSOFT CORP		2014-04-23	2014-09-19
	30. MICROSOFT CORP		2011-05-20	2014-09-19
	830. ORACLE CORP		2011-05-20	2014-09-19
	190. QUALCOMM		2011-05-20	2014-09-19
	510. CBS CORP CLASS B WI		2013-05-17	2014-09-26
	60.082 PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD INSTL CL		2013-12-11	2014-09-26
	4405.454 PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD INSTL CL		2011-06-01	2014-09-26
	4063.398 WELLS FARGO ADVANTAGE CORE BOND FUND CLASS I		2011-12-29	2014-09-26
	48.624 WELLS FARGO ADVANTAGE CORE BOND FUND CLASS I		2013-12-10	2014-09-26
	420. EOG RES INC		2013-07-26	2014-10-31
	240. EASTMAN CHEM CO		2014-06-18	2014-10-31
	250. POLARIS INDS INC		2013-04-01	2014-10-31
	510. AETNA INC NEW		2013-05-31	2015-01-08
	190. BECTON DICKINSON & CO		2013-04-01	2015-01-08
	120. CALIFORNIA RESOURCES CORP		2014-08-05	2015-01-08
	460. HELMERICH & PAYNE INC COM		2013-04-01	2015-01-08
	15400.411 T ROWE PRICE SHORTTERM BD FD INC		2011-06-01	2015-01-08
	4763.275 T ROWE PRICE REAL ESTATE FUND FD 122		2012-05-10	2015-01-08
	1200. VANGUARD REIT ETF		2012-05-10	2015-01-08
	2000. REGIONS FINANCIAL CORP		2013-07-02	2015-01-27
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	13,444	14,170	-726
b	25,364	16,977	8,387
c	44,928	40,920	4,008
d	12,555	9,072	3,483
e	25,977	25,148	829
	13,385	10,083	3,302
	10,771	7,880	2,891
	35,971	15,747	20,224
	21,213	13,170	8,043
	11,318	7,504	3,814
	17,234	13,151	4,083
	14,710	9,130	5,580
	22,092	24,829	-2,737
	31,392	28,763	2,629
	24,095	25,008	-913
	93,307	99,962	-6,655
	50,000	53,648	-3,648
	12	12
	50,857	50,979	-122
	46	25	21
	8,149	2,995	5,154
	6,118	3,245	2,873
	50,000	35,398	14,602
	2,188	2,110	78
	52,748	38,979	13,769
	5,211	3,785	1,426
	6,501	3,491	3,010
	5,311	4,621	690
	8,386	4,930	3,456
	4,509	3,164	1,345
	33,543	19,936	13,607
	5,395	4,597	798
	35,091	31,869	3,222
	43,484	28,174	15,310
	50,000	39,405	10,595
	34,228	26,993	7,235
	5,623	3,620	2,003
	6,262	4,673	1,589
	5,354	4,152	1,202
	30,750	23,640	7,110
	60,000	60,450	-450
	20,972	7,787	13,185
	35,491	23,969	11,522
	27,241	13,229	14,012
	27,153	22,145	5,008
	18,780	14,821	3,959
	20,810	7,787	13,023
	10,337	5,562	4,775
	100,000	68,882	31,118
	10,104	8,735	1,369
	26,537	13,894	12,643
	6,874	6,874
	71,198	26,765	44,433
	114,818	75,219	39,599
	181	182	-1
	50,146	50,246	-100
	22,305	18,389	3,916
	66,062	54,616	11,446
	1,780	1,594	186
	6	5	1
	236	226	10
	26,374	25,000	1,374
	224		224
	56,986	38,129	18,857
	50,925	28,079	22,846
	70,654	50,000	20,654
	21,439	20,000	1,439
	30,084	13,194	16,890
	205,198	155,300	49,898
	72,007	74,166	-2,159
	21,141	17,816	3,325
	1,409	741	668
	33,125	26,879	6,246
	14,394	10,864	3,530
	27,750	26,187	1,563
	653	646	7
	47,887	48,724	-837
	51,199	52,184	-985
	613	599	14
	39,756	30,645	9,111
	19,341	21,005	-1,664
	37,639	22,622	15,017
	47,057	31,495	15,562
	27,762	18,155	9,607
	571	1,033	-462
	27,867	27,492	375
	73,306	75,000	-1,694
	133,848	100,000	33,848
	101,986	78,784	23,202
	18,060	19,639	-1,579
			1,087

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			-726
b			8,387
c			4,008
d			3,483
e			829
			3,302
			2,891
			20,224
			8,043
			3,814
			4,083
			5,580
			-2,737
			2,629
			-913
			-6,655
			-3,648

			-122
			21
			5,154
			2,873
			14,602
			78
			13,769
			1,426
			3,010
			690
			3,456
			1,345
			13,607
			798
			3,222
			15,310
			10,595
			7,235
			2,003
			1,589
			1,202
			7,110
			-450
			13,185
			11,522
			14,012
			5,008
			3,959
			13,023
			4,775
			31,118
			1,369
			12,643

			44,433
			39,599
			-1
			-100
			3,916
			11,446
			186
			1
			10
			1,374
			224
			18,857
			22,846
			20,654
			1,439
			16,890
			49,898
			-2,159
			3,325
			668
			6,246
			3,530
			1,563
			7
			-837
			-985
			14
			9,111
			-1,664
			15,017
			15,562
			9,607
			-462
			375
			-1,694
			33,848
			23,202
			-1,579

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	617,185
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . . . .		3

Part V

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

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

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

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

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

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2013	341,081	7,671,510	0.044461
2012	249,653	7,089,373	0.035215
2011	62,325	6,614,550	0.009422
2010	78,575	5,894,282	0.013331
2009	188,771	5,236,986	0.036046

2	Total of line 1, column (d) ......................	2	0.138475
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	0.027695
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	8,268,995
5	Multiply line 4 by line 3.......................	5	229,010
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	7,842
7	Add lines 5 and 6.........................	7	236,852
8	Enter qualifying distributions from Part XII, line 4..............	8	392,960
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2014)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	7,842
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	7,842
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	7,842
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	9,956
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	9,956
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	2,114
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax2,114	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement (see instructions).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

PNC BANK NA Telephone no. bullet

(412) 762-8133

Located at bullet

620 LIBERTY AVENUEPITTSBURGHPA ZIP+4 bullet

152222705

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country?

16 No

See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet

Form 990-PF (2014)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........

Organizations relying on a current notice regarding disaster assistance check here......... bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2014?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2014, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2014?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?........................YesNo

If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2014.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)..................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.......................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2014)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
PNC BANK NA	TRUSTEE 1	5,103
620 LIBERTY AVENUE PITTSBURGH,PA152222705	TRUSTEE 1	5,103

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









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

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

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

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Form 990-PF (2014)

Page 8

Part IX-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Part X

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

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

purposes:

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

8,394,919

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

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

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

8,394,919

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

8,394,919

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

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

125,924

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

8,268,995

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

413,450

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

413,450

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

7,842

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

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

7,842

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

405,608

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

10,000

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

415,608

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

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

415,608

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

392,960

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

392,960

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).................

7,842

Adjusted qualifying distributions. Subtract line 5 from line 4..............

385,118

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

Form 990-PF (2014)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2013	(c) 2013	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7					415,608
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......				346,326
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2014:
a From 2009.......	0
b From 2010.......	0
c From 2011.......	0
d From 2012.......	0
e From 2013.......	0
fTotal of lines 3a through e.........		0
4Qualifying distributions for 2014 from Part
XII, line 4: $ 392,960
a Applied to 2013, but not more than line 2a					346,326
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.....					46,634
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2014.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2013. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2014. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........					368,974
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2010....	0
b Excess from 2011....	0
c Excess from 2012....	0
d Excess from 2013....	0
e Excess from 2014....	0

Form 990-PF (2014)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2014, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2014	(b) 2013	(c) 2012	(d) 2011	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ...........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

PNC Charitable Trust Grant Review C
PNC Bank 249 Fifth Avenue 20th Fl
Pittsburgh,PA15222
(412) 762-9965

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

Please reference the name of the trust in all communications See footnote

cAny submission deadlines:

See website: www.pncsites.com/pncfoundation/charitable_trusts.html for specific information

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

See website: www.pncsites.com/pncfoundation/charitable_trusts.html for specific information

Form 990-PF (2014)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
YOUNG STARS BASKETBALL ACADEMY 5530 SPANISH TRACE PINSON,AL35126	NONE	PC	GENERAL SUPPORT	30,000
PRESCHOOL PARTNERS FOUNDATION 3736 MONTROSE RD BIRMINGHAM,AL35213	NONE	PC	GENERAL SUPPORT	50,000
AMERICAN BASEBALL FOUNDATION 2660 10TH AVE S STE 620 BIRMINGHAM,AL35205	NONE	PC	GENERAL SUPPORT	19,400
EMMAUS COMMUNITY OF PITTSBURGH 2821 SARAH ST PITTSBURGH,PA15203	NONE	PC	GENERAL SUPPORT	20,000
ALABAMA SYMPHONIC ASSOCIATION 3621 SIXTH AVE S BIRMINGHAM,PA35222	NONE	PC	GENERAL SUPPORT	12,500
BIRMINGHAM EDUCATION FOUNDATION PO BOX 1476 BIRMINGHAM,AL35201	NONE	PC	GENERAL SUPPORT	25,000
CANEY CREEK COMMUNITY CENTER 100 PURPOSE RD PIPPA PASSES,KY41844	NONE	PC	GENERAL SUPPORT	50,000
CRIPPLED CHILDRENS FOUNDATION 2019 4TH AVE STE 101 BIRMINGHAM,AL35203	NONE	PC	GENERAL SUPPORT	2,500
FOCUS ON RECOVERY 2209 B-LITTLE VALLEY RD HOOVER,AL35216	NONE	PC	GENERAL SUPPORT	5,000
GOODWILL OF SOUTHWESTERN PA 118 52ND ST PITTSBURGH,PA15201	NONE	PC	GENERAL SUPPORT	25,000
HAND IN PAW 617 38TH ST S BIRMINGHAM,AL35222	NONE	PC	GENERAL SUPPORT	32,000
BIG BROTHERS BIG SISTERS OF GREATER BIRMINGHAM 1901 14TH AVE S BIRMINGHAM,AL35205	NONE	PC	GENERAL SUPPORT	17,500
IMPACT ALABAMA 1901 6TH AVE N STE 2400 BIRMINGHAM,AL35203	NONE	PC	GENERAL SUPPORT	20,000
KID ONE TRANSPORT PO BOX 11864 BIRMINGHAM,AL35202	NONE	PC	GENERAL SUPPORT	10,000
MCWANE SCIENCE CENTER 200 19TH ST N BIRMINGHAM,AL35203	NONE	PC	GENERAL SUPPORT	5,000
SAMFORD UNIVERSITY PO BOX 292283 BIRMINGHAM,AL35229	NONE	PC	GENERAL SUPPORT	20,000
SPECIAL OLYMPICS PA 200 CEDAR RIDGE DR STE 214 PITTSBURGH,PA15205	NONE	PC	GENERAL SUPPORT	3,000
ROBERT E REED GASTROINTESTINAL ONCOLOGY RESEARCH FDN PO BOX 530186 BIRMINGHAM,AL35253	NONE	PC	GENERAL SUPPORT	2,500
YMCA OF BIRMINGHAM INC 2401 20TH PL S BIRMINGHAM,AL35223	NONE	PC	GENERAL SUPPORT	7,500
Total ................................. 3a				356,900

bApproved for future payment

Total ................................. 3b

Form 990-PF (2014)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ............
4 Dividends and interest from securities....			14	169,575
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	617,185
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)..				786,760	10,000

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

13796,760

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
1A	RECOVERY OF PRIOR YEAR GRANTS PAID

Form 990-PF (2014)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political

Yes

organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2014 InvestmentsOtherSchedule2

Name: