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
O EMERT NICHOLSON CHARITABLE TRUST

Number and street (or P.O. box number if mail is not delivered to street address)PNC BANK NA 620 LIBERTY AVENUE 10 Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA152222705

A Employer identification number

20-6787596

B Telephone number (see instructions)

(412) 762-9161

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

$1,913,850J 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)..............	400,683
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	46,903		46,903
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		16,458
b	Gross sales price for all assets on line 6a 733,448
7	Capital gain net income (from Part IV, line 2)...			16,458
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........	464,044		63,361
13	Compensation of officers, directors, trustees, etc.	14,790		11,832		2,958
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)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		16,094	135		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).......		2,467	2,463		4
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	33,351		14,430	0	2,962
25	Contributions, gifts, grants paid........	67,260				67,260
26	Total expenses and disbursements. Add lines 24 and 25	100,611		14,430	0	70,222
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	363,433
b	Net investment income (if negative, enter -0-)			48,931
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..........	82,108	42,274	42,274
	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)
	b	Investments—corporate stock (attach schedule)........	531,085	676,193	732,587
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	926,403	1,187,325	1,138,989
	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)	1,539,596	1,905,792	1,913,850
	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.........	1,534,283	1,899,839
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	5,313	5,953
	30	Total net assets or fund balances (see instructions)......	1,539,596	1,905,792
	31	Total liabilities and net assets/fund balances (see instructions)..	1,539,596	1,905,792

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	1,539,596
2	Enter amount from Part I, line 27a.....................	2	363,433
3	Other increases not included in line 2 (itemize)	3	2,763
4	Add lines 1, 2, and 3..........................	4	1,905,792
5	Decreases not included in line 2 (itemize)	5	0
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	1,905,792

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	34. CAMPBELL SOUP CO		2014-06-24	2014-12-01
b	5. CONCHO RESOURCES INC		2014-06-02	2014-12-01
c	1. GOOGLE INC CL A		2014-06-02	2014-12-01
d	2. GOOGLE INC-CL C NAME CHANGE 10/02/2015		2014-06-02	2014-12-01
e	18. INTERNATIONAL BUSINESS MACHS CORP		2014-06-02	2014-12-01
	406. SECTOR SPDR TR SBI BASIC INDS		2014-06-30	2014-12-01
	3. HEALTH CARE SELECT SECTOR ETF LARGE CAP		2014-08-29	2014-12-01
	19. SECTOR SPDR TR SBI INT-TECH		2014-07-31	2014-12-01
	27. TRINITY INDUSTRIES INC		2014-06-02	2014-12-03
	1. GOOGLE INC CL A		2014-06-02	2014-12-08
	4. RED HAT INC		2014-06-02	2014-12-08
	.6 CALIFORNIA RESOURCES CORP		2014-06-02	2014-12-09
	2. LAS VEGAS SANDS CORP		2014-11-12	2014-12-09
	1. RED HAT INC		2014-06-02	2014-12-09
	15. CALIFORNIA RESOURCES CORP		2014-06-02	2014-12-10
	6. CALIFORNIA RESOURCES CORP		2014-06-11	2014-12-10
	5. LAS VEGAS SANDS CORP		2014-11-12	2014-12-10
	3. ALEXION PHARMACEUTICALS INC		2014-06-02	2014-12-11
	6. ALLERGAN INC		2014-06-02	2014-12-11
	2. ALLERGAN INC		2014-06-02	2014-12-12
	1. ALEXION PHARMACEUTICALS INC		2014-06-02	2014-12-15
	3. ALLERGAN INC		2014-06-02	2014-12-15
	23. AMERISOURCEBERGEN CORP		2014-06-24	2014-12-15
	31. CAMPBELL SOUP CO		2014-06-24	2014-12-15
	6. GILEAD SCIENCES INC COM		2014-06-02	2014-12-15
	6. VERTEX PHARMACEUTICALS INC		2014-06-02	2014-12-15
	2. ALLERGAN INC		2014-06-02	2014-12-16
	4. GILEAD SCIENCES INC COM		2014-06-02	2014-12-16
	2. NOVO NORDISK A S ADR		2014-06-02	2014-12-16
	1. VERTEX PHARMACEUTICALS INC		2014-06-02	2014-12-17
	5. DUNKIN BRANDS GROUP INC		2014-06-02	2014-12-18
	3. DUNKIN BRANDS GROUP INC		2014-06-02	2014-12-18
	21. OASIS PETROLEUM INC		2014-10-20	2014-12-29
	60. OASIS PETROLEUM INC		2014-06-24	2014-12-29
	4. SCHLUMBERGER LTD COM		2014-06-02	2014-12-30
	4. SCHLUMBERGER LTD COM		2014-06-02	2014-12-30
	8. DUNKIN BRANDS GROUP INC		2014-06-02	2015-01-05
	5. DUNKIN BRANDS GROUP INC		2014-12-19	2015-01-05
	4. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2014-06-02	2015-01-06
	5. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2014-06-02	2015-01-07
	5. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2014-06-02	2015-01-08
	6. TIFFANY & CO NEW COM		2014-06-02	2015-01-12
	10. LYONDELLBASELL INDUSTRIES N.V. ISIN NL0009434992 SEDOL B3SPXZ3		2014-09-23	2015-01-12
	29. LYONDELLBASELL INDUSTRIES N.V. ISIN NL0009434992 SEDOL B3SPXZ3		2014-06-02	2015-01-12
	2. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115		2014-06-02	2015-01-14
	2. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115		2014-06-02	2015-01-15
	2. PRECISION CASTPARTS CORP		2014-06-02	2015-01-16
	3. PRECISION CASTPARTS CORP		2014-06-02	2015-01-16
	1. PRICELINE GROUP, INC.		2014-06-02	2015-01-16
	10. MORGAN STANLEY		2014-06-02	2015-01-20
	7. MORGAN STANLEY		2014-06-02	2015-01-20
	5. PRECISION CASTPARTS CORP		2014-06-02	2015-01-20
	218.824 DODGE & COX INTERNATIONAL STOCK FUND		2014-11-14	2015-01-27
	682.976 DODGE & COX INTERNATIONAL STOCK FUND		2014-06-02	2015-01-27
	4. KIMBERLY-CLARK CORP COM		2014-12-19	2015-01-27
	12. KIMBERLY-CLARK CORP COM		2014-06-02	2015-01-27
	56. OASIS PETROLEUM INC		2014-10-20	2015-01-27
	18. UNITED RENTALS INC COM		2014-06-02	2015-01-29
	6. UNITED RENTALS INC COM		2014-12-19	2015-01-29
	598. SECTOR SPDR TR SBI INT-TECH		2014-07-31	2015-01-30
	21. SECTOR SPDR TR SHS BEN INT-UTILITIES		2014-12-01	2015-01-30
	64. ATWOOD OCEANICS INC		2014-09-22	2015-02-03
	2. PERRIGO CO LTD SEDOL BGH1M56		2014-12-15	2015-02-03
	1. PERRIGO CO LTD SEDOL BGH1M56		2014-12-17	2015-02-04
	32. GILEAD SCIENCES INC COM		2014-06-02	2015-02-05
	1. BIOGEN INC		2014-06-02	2015-02-06
	3. NIKE INC CL B		2014-06-02	2015-02-06
	15. AMERICAN EXPRESS CO		2014-06-02	2015-02-13
	5. AMERICAN EXPRESS CO		2014-12-19	2015-02-13
	31. AFLAC INC		2014-06-24	2015-02-23
	32. CATERPILLAR INC		2014-06-02	2015-02-23
	9. CATERPILLAR INC		2014-12-19	2015-02-23
	21. EOG RES INC		2014-06-02	2015-02-24
	5. EOG RES INC		2014-12-19	2015-02-24
	13. TWENTY-FIRST CENTURY-CL A-WI		2014-06-02	2015-02-25
	3. CELGENE CORP		2014-06-02	2015-02-27
	19. EASTMAN CHEM CO		2014-06-02	2015-02-27
	5. EASTMAN CHEM CO		2014-12-19	2015-02-27
	13. LYONDELLBASELL INDUSTRIES N.V. ISIN NL0009434992 SEDOL B3SPXZ3		2014-09-23	2015-02-27
	13. TWENTY-FIRST CENTURY-CL A-WI		2014-06-02	2015-03-02
	6. TWENTY-FIRST CENTURY-CL A-WI		2014-09-03	2015-03-02
	1. CELGENE CORP		2014-06-02	2015-03-03
	5. TWENTY-FIRST CENTURY-CL A-WI		2014-09-08	2015-03-03
	11. TWENTY-FIRST CENTURY-CL A-WI		2014-09-10	2015-03-04
	91. AES CORP		2014-06-24	2015-03-06
	173. AES CORP		2014-12-19	2015-03-06
	24. YUM! BRANDS INC		2014-06-24	2015-03-06
	3. INCYTE CORPORATION		2014-06-02	2015-03-10
	1. BIOGEN INC		2014-06-02	2015-03-12
	45. CONTINENTAL RESOURCES INC/OK		2014-06-24	2015-03-13
	8. MONDELEZ INTERNATIONAL		2014-06-02	2015-03-16
	1. BIOGEN INC		2014-06-02	2015-03-17
	3. CELGENE CORP		2014-06-02	2015-03-17
	5. SCHLUMBERGER LTD COM		2014-06-02	2015-03-17
	4. SCHLUMBERGER LTD COM		2014-06-02	2015-03-17
	7. TWENTY-FIRST CENTURY-CL A-WI		2014-12-19	2015-03-17
	21. WESTERN DIGITAL CORP		2014-06-02	2015-03-19
	4. TIFFANY & CO NEW COM		2014-06-02	2015-03-20
	9. MONDELEZ INTERNATIONAL		2014-06-02	2015-03-23
	12. SKYWORKS SOLUTIONS INC COM		2014-06-02	2015-03-25
	15. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7		2014-06-02	2015-03-25
	3. MONSANTO CO		2014-06-02	2015-03-26
	3. UNION PAC CORP COM		2014-06-02	2015-03-26
	71. MICRON TECHNOLOGY INC		2014-08-19	2015-03-30
	14. MICRON TECHNOLOGY INC		2014-12-19	2015-03-30
	5. BRISTOL MYERS SQUIBB CO		2014-06-02	2015-03-31
	25. KRAFT FOODS GROUP INC MERGED 07/02/2015 @ $16.50 P/S		2014-06-24	2015-03-31
	4. MONSANTO CO		2014-06-02	2015-03-31
	11. HEALTH CARE SELECT SECTOR ETF LARGE CAP		2014-08-29	2015-03-31
	513. SECTOR SPDR TR SBI CONS STPLS		2015-01-30	2015-03-31
	524. SECTOR SPDR TR SHS BEN INT-UTILITIES		2014-12-01	2015-03-31
	17. DELTA AIR LINES INC		2014-06-02	2015-04-02
	6. SKYWORKS SOLUTIONS INC COM		2014-06-02	2015-04-02
	12. SOUTHWEST AIRLINES COM		2014-06-02	2015-04-02
	7. CF INDUSTRIES HOLDINGS INC		2014-06-24	2015-04-06
	37. VERIZON COMMUNICATIONS COM		2014-06-02	2015-04-06
	8. GILEAD SCIENCES INC COM		2014-06-02	2015-04-07
	1. KRAFT FOODS GROUP INC MERGED 07/02/2015 @ $16.50 P/S		2014-06-24	2015-04-07
	5. SKYWORKS SOLUTIONS INC COM		2014-06-02	2015-04-07
	30. SOUTHWEST AIRLINES COM		2014-06-02	2015-04-07
	4. CELGENE CORP		2014-06-02	2015-04-08
	4. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1		2014-09-22	2015-04-09
	5. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1		2014-09-22	2015-04-09
	4. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1		2014-09-23	2015-04-13
	13. ACE LIMITED NAME CHG 01/15/16 SEE H1467J104		2014-06-02	2015-04-13
	9. ACE LIMITED NAME CHG 01/15/16 SEE H1467J104		2014-10-17	2015-04-13
	2. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1		2014-09-24	2015-04-16
	14. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2014-06-02	2015-04-17
	7. MICHAEL KORS HOLDINGS LTD SEDOL B7341C6		2014-12-19	2015-04-17
	4. COSTCO WHSL CORP NEW COM		2014-06-02	2015-04-20
	7. TRIPADVISOR INC CLASS I		2014-06-02	2015-04-20
	26. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868		2014-08-12	2015-04-20
	6. ROYAL CARRIBEAN CRUISES LTD SEDOL 2754907 ISIN LR0008862868		2014-12-19	2015-04-20
	11. MONDELEZ INTERNATIONAL		2014-06-02	2015-04-21
	7. MONDELEZ INTERNATIONAL		2014-06-24	2015-04-21
	3. TIFFANY & CO NEW COM		2014-06-02	2015-04-21
	1. MEAD JOHNSON NUTRITION CO		2014-06-02	2015-04-22
	96. MYLAN N V		2015-03-02	2015-04-22
	4. MEAD JOHNSON NUTRITION CO		2014-06-02	2015-04-23
	13. MONDELEZ INTERNATIONAL		2014-06-24	2015-04-23
	4. MEAD JOHNSON NUTRITION CO		2014-06-02	2015-04-27
	5. NOVO NORDISK A S ADR		2014-06-02	2015-04-27
	5. MASTERCARD INC CL A		2014-06-02	2015-04-28
	12. MONDELEZ INTERNATIONAL		2014-06-24	2015-04-29
	4. NOVO NORDISK A S ADR		2014-06-02	2015-04-29
	6. PACKAGING CORP OF AMERICA COM		2014-12-19	2015-04-29
	25. PACKAGING CORP OF AMERICA COM		2014-06-02	2015-04-29
	11. TWITTER INC		2014-06-02	2015-04-29
	13. TWITTER INC		2014-06-02	2015-04-29
	1041.236 AMERICAN BEACON L/C VALU IS		2014-06-02	2015-04-30
	323.986 ARTISAN FDS INC INTERNATIONAL		2006-12-20	2015-04-30
	1131.617 HARDING LOEVNER INTERNATIONAL EQUITY PORTFOLIO		2014-06-02	2015-04-30
	5. SALESFORCE.COM		2014-06-02	2015-04-30
	519.941 TEMPLETON INSTL FDS INC FOREIGN EQUITY SER		2015-01-27	2015-04-30
	3. BAIDU INC		2015-02-12	2015-05-01
	2. BAIDU INC		2015-03-18	2015-05-01
	4. SALESFORCE.COM		2014-06-02	2015-05-01
	79. CONOCOPHILLIPS		2014-06-02	2015-05-04
	41. MICROSOFT CORP		2014-06-02	2015-05-04
	50. OIL STATES INTERNATIONAL INC		2014-09-22	2015-05-04
	55. OIL STATES INTERNATIONAL INC		2014-12-15	2015-05-04
	5. ALLSTATE CORP		2014-06-02	2015-05-05
	9. AMERIPRISE FINANCIAL INC		2014-12-03	2015-05-05
	8. DELTA AIR LINES INC		2014-06-02	2015-05-05
	.016 GOOGLE INC-CL C NAME CHANGE 10/02/2015		2014-06-02	2015-05-05
	3. UNION PAC CORP COM		2014-06-02	2015-05-05
	25. KROGER CO		2014-06-02	2015-05-11
	44. SPROUTS FARMERS MARKETS INC		2015-01-27	2015-05-11
	6. NOVO NORDISK A S ADR		2014-06-02	2015-05-13
	4. UNION PAC CORP COM		2014-06-02	2015-05-13
	2. UNION PAC CORP COM		2014-06-02	2015-05-13
	4. ARM HOLDINGS PLC SPONSORED ADR		2014-06-02	2015-05-14
	4. NOVO NORDISK A S ADR		2014-06-02	2015-05-14
	3. ARM HOLDINGS PLC SPONSORED ADR		2014-06-02	2015-05-15
	1. VERTEX PHARMACEUTICALS INC		2014-06-02	2015-05-15
	24. DELTA AIR LINES INC		2014-06-02	2015-05-22
	10. DELTA AIR LINES INC		2014-12-19	2015-05-22
	20. UNION PAC CORP COM		2014-06-02	2015-05-22
	18. QUALCOMM		2014-06-02	2015-05-29
	4. QUALCOMM		2014-12-19	2015-05-29
	2. UNION PAC CORP COM		2014-06-02	2015-06-02
	1. UNION PAC CORP COM		2014-12-19	2015-06-02
	25. OLD DOMINION FGHT LINES INC		2014-07-28	2015-06-03
	6. OLD DOMINION FGHT LINES INC		2014-12-19	2015-06-03
	2. CELGENE CORP		2014-06-02	2015-06-04
	2. CELGENE CORP		2014-06-02	2015-06-05
	30. SOUTHWEST AIRLINES COM		2014-06-02	2015-06-11
	15. SOUTHWEST AIRLINES COM		2014-12-19	2015-06-11
	89. ATWOOD OCEANICS INC		2014-12-19	2015-06-15
	48. ATWOOD OCEANICS INC		2014-10-20	2015-06-15
	98. NATIONSTAR MORTGAGE HOLDINGS		2014-12-19	2015-06-15
	89. NATIONSTAR MORTGAGE HOLDINGS		2014-06-24	2015-06-15
	10. NOVO NORDISK A S ADR		2014-06-02	2015-06-17
	19. SCHLUMBERGER LTD COM		2014-06-02	2015-06-17
	1. SCHLUMBERGER LTD COM		2014-06-17	2015-06-17
	42. ORACLE CORP		2014-06-02	2015-06-18
	9. ORACLE CORP		2014-12-19	2015-06-18
	2. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115		2014-06-02	2015-06-25
	5. UNION PAC CORP COM		2014-12-19	2015-06-25
	15. APPLE INC		2014-06-02	2015-06-26
	112. BROADCOM CORP		2014-06-24	2015-06-26
	24. BROADCOM CORP		2014-12-19	2015-06-26
	1. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115		2014-06-02	2015-06-26
	2. UNION PAC CORP COM		2014-12-19	2015-06-26
	2. UNION PAC CORP COM		2014-12-19	2015-06-26
	12. VIPSHOP HOLDINGS LTD ADR		2015-01-06	2015-06-29
	43. ADT CORP		2015-04-02	2015-06-30
	5. TWITTER INC		2014-07-30	2015-07-01
	9. VIPSHOP HOLDINGS LTD ADR		2015-01-06	2015-07-01
	41. ALLSTATE CORP		2014-06-02	2015-07-06
	11. KRAFT FOODS GROUP INC MERGED 07/02/2015 @ $16.50 P/S		2014-12-19	2015-07-06
	55. KRAFT FOODS GROUP INC MERGED 07/02/2015 @ $16.50 P/S		2014-06-24	2015-07-06
	11. SCHLUMBERGER LTD COM		2014-11-04	2015-07-06
	13. SCHLUMBERGER LTD COM		2014-06-17	2015-07-06
	3. VIPSHOP HOLDINGS LTD ADR		2015-01-06	2015-07-06
	13. VIPSHOP HOLDINGS LTD ADR		2015-01-07	2015-07-06
	9. NOVO NORDISK A S ADR		2014-06-02	2015-07-08
	26. VIPSHOP HOLDINGS LTD ADR		2015-03-18	2015-07-08
	1. VIPSHOP HOLDINGS LTD ADR		2015-01-07	2015-07-08
	9. LENDINGCLUB CORP		2015-01-15	2015-07-09
	16. AFLAC INC		2014-12-19	2015-07-10
	33. AFLAC INC		2014-06-24	2015-07-10
	148. AES CORP		2015-05-04	2015-07-10
	46. BAXALTA INC -W/I		2014-06-24	2015-07-10
	38. ROSS STORES INC		2014-06-24	2015-07-10
	41. VERIZON COMMUNICATIONS COM		2014-06-02	2015-07-10
	7. ALLERGAN PLC SEDOL BY9D546		2014-09-04	2015-07-10
	21. ENDO INTERNATIONAL PLC SEDOL BJ3V905		2015-04-22	2015-07-10
	5. SCHLUMBERGER LTD COM		2014-12-19	2015-07-13
	9. BIOMARIN PHARMACEUTICAL INC		2014-06-02	2015-07-15
	7. SCHLUMBERGER LTD COM		2014-12-19	2015-07-15
	5. CIGNA CORP		2014-07-22	2015-07-16
	3. CHEMOURS CO/THE - W/I		2014-12-19	2015-07-16
	13. CHEMOURS CO/THE - W/I		2014-06-24	2015-07-16
	3. JOHNSON & JOHNSON COM		2014-06-02	2015-07-16
	25. ROCKWELL COLLINS INC		2014-06-24	2015-07-16
	7. SCHLUMBERGER LTD COM		2014-12-19	2015-07-16
	1. SCHLUMBERGER LTD COM		2014-12-19	2015-07-16
	7. SCHLUMBERGER LTD COM		2015-05-11	2015-07-16
	5. SHERWIN-WILLIAMS CO		2015-02-27	2015-07-16
	4. VERTEX PHARMACEUTICALS INC		2014-06-02	2015-07-16
	2. VERTEX PHARMACEUTICALS INC		2014-06-02	2015-07-21
	3. BRISTOL MYERS SQUIBB CO		2014-06-02	2015-07-22
	3. BRISTOL MYERS SQUIBB CO		2014-06-02	2015-07-22
	28. COLGATE-PALMOLIVE CO		2014-06-24	2015-07-22
	34. ROSS STORES INC		2014-06-24	2015-07-22
	1. VERTEX PHARMACEUTICALS INC		2014-06-02	2015-07-22
	3. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1		2014-10-27	2015-07-23
	3. ALIBABA GROUP HOLDING LTD ADR SEDOL BP41ZD1		2014-10-27	2015-07-23
	5. JD.COM INC-ADR ADR SEDOL BMM27D9		2015-04-13	2015-07-23
	7. JD.COM INC-ADR ADR SEDOL BMM27D9		2015-04-13	2015-07-23
	2. VERTEX PHARMACEUTICALS INC		2014-06-02	2015-07-23
	1. VERTEX PHARMACEUTICALS INC		2014-12-19	2015-07-23
	3. BIOGEN INC		2014-06-02	2015-07-24
	1. BIOGEN INC		2014-06-02	2015-07-24
	5. BRISTOL MYERS SQUIBB CO		2014-06-02	2015-07-24
	2. VERTEX PHARMACEUTICALS INC		2014-12-19	2015-07-24
	3. BRISTOL MYERS SQUIBB CO		2014-06-02	2015-07-27
	26. EBAY INC		2015-05-29	2015-07-28
	2. MASTERCARD INC CL A		2014-06-02	2015-07-28
	26. PAYPAL HOLDINGS INC-W/I		2015-05-29	2015-07-28
	13. POLARIS INDS INC		2014-06-02	2015-07-28
	5. POLARIS INDS INC		2014-12-19	2015-07-28
	31. LEVEL 3 COMMUNICATIONS INC		2015-05-05	2015-07-30
	6. SKYWORKS SOLUTIONS INC COM		2014-06-02	2015-07-30
	7. BIOGEN INC		2014-06-02	2015-07-31
	7. SECTOR SPDR TR SBI CYCL TRANS		2015-03-31	2015-07-31
	591. SECTOR SPDR TR SBI INT-TECH		2015-03-31	2015-07-31
	46. TEXAS INSTRS INC COM		2015-03-25	2015-07-31
	70. HANESBRANDS INC - W/I		2014-06-02	2015-08-04
	28. HANESBRANDS INC - W/I		2014-12-19	2015-08-06
	38. HANESBRANDS INC - W/I		2014-06-02	2015-08-06
	43. TYSON FOODS INC CLASS A		2015-05-11	2015-08-06
	53. BAXTER INTERNATIONAL INC		2014-06-24	2015-08-10
	27. COLGATE-PALMOLIVE CO		2014-06-24	2015-08-10
	41. EOG RES INC		2015-05-04	2015-08-10
	39. MICROSOFT CORP		2014-06-24	2015-08-10
	5. BOEING CO		2014-06-02	2015-08-14
	5. SKYWORKS SOLUTIONS INC COM		2014-06-02	2015-08-14
	6. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7		2014-06-02	2015-08-14
	3. TRIPADVISOR INC CLASS I		2014-06-02	2015-08-18
	3. BECTON DICKINSON & CO		2014-12-19	2015-08-19
	16. BECTON DICKINSON & CO		2014-06-02	2015-08-19
	13. FOOT LOCKER INC		2014-06-02	2015-08-19
	34. HAIN CELESTIAL GROUP INC COM		2014-11-13	2015-08-19
	2. TRIPADVISOR INC CLASS I		2014-06-02	2015-08-19
	3. TRIPADVISOR INC CLASS I		2014-07-10	2015-08-20
	2. TRIPADVISOR INC CLASS I		2014-12-19	2015-08-21
	1. TRIPADVISOR INC CLASS I		2014-07-24	2015-08-21
	219. ISHARES TR S&P SMLCAP 600		2015-07-31	2015-08-31
	19. NETFLIX.COM INC		2014-06-02	2015-08-31
	21. COPA HOLDINGS SA CLASS A SEDOL B0TNJH9		2015-07-10	2015-09-01
	3. COPA HOLDINGS SA CLASS A SEDOL B0TNJH9		2014-12-19	2015-09-01
	8. COPA HOLDINGS SA CLASS A SEDOL B0TNJH9		2014-07-15	2015-09-01
	5. CITIGROUP INC		2015-07-21	2015-09-08
	4. CITIGROUP INC		2015-07-21	2015-09-08
	6. TWITTER INC		2014-07-30	2015-09-08
	5. TWITTER INC		2014-10-27	2015-09-08
	2. TRIPADVISOR INC CLASS I		2014-12-19	2015-09-09
	10. TWITTER INC		2014-12-19	2015-09-09
	15. BAXALTA INC -W/I		2014-06-24	2015-09-15
	5. BAXTER INTERNATIONAL INC		2014-06-24	2015-09-15
	3. MONSANTO CO		2014-06-02	2015-09-15
	5. CONCHO RESOURCES INC		2014-06-02	2015-09-16
	3. MONSANTO CO		2014-06-02	2015-09-16
	12. MCKESSON HBOC INC COMMN		2014-06-02	2015-09-18
	6. GILEAD SCIENCES INC COM		2014-06-02	2015-09-25
	4. GILEAD SCIENCES INC COM		2014-06-02	2015-09-28
	5. GILEAD SCIENCES INC COM		2014-06-02	2015-09-29
	279. HEALTH CARE SELECT SECTOR ETF LARGE CAP		2014-08-29	2015-09-30
	1. HEALTH CARE SELECT SECTOR ETF LARGE CAP		2015-08-31	2015-09-30
	66. HEALTH CARE SELECT SECTOR ETF LARGE CAP		2014-12-19	2015-09-30
	506. SECTOR SPDR TR SBI CONS STPLS		2015-08-31	2015-09-30
	3. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115		2014-06-02	2015-10-01
	3. GILEAD SCIENCES INC COM		2014-06-24	2015-10-01
	2. GILEAD SCIENCES INC COM		2014-06-24	2015-10-02
	18. CAMPBELL SOUP CO		2014-11-03	2015-10-05
	3. CANADIAN PACIFIC RAILWAY LTD SEDOL 2793115		2014-12-19	2015-10-05
	14. COLGATE-PALMOLIVE CO		2014-12-19	2015-10-05
	23. EXXON MOBIL CORP		2014-06-02	2015-10-05
	3. INCYTE CORPORATION		2014-06-02	2015-10-05
	1. BIOGEN INC		2014-12-01	2015-10-06
	49. HD SUPPLY HOLDINGS INC		2015-07-16	2015-10-09
	7. TIME WARNER INC		2014-12-19	2015-10-09
	29. TIME WARNER INC		2014-06-02	2015-10-09
	38. VOYA FINL INC COM		2015-02-13	2015-10-09
	6. VMWARE INC CLASS A		2014-06-02	2015-10-12
	3. VMWARE INC CLASS A		2014-06-02	2015-10-13
	1. VMWARE INC CLASS A		2015-09-14	2015-10-13
	37. CAMPBELL SOUP CO		2014-11-03	2015-10-15
	38. MICROSOFT CORP		2014-06-24	2015-10-15
	3. VMWARE INC CLASS A		2015-09-14	2015-10-15
	67. BAXTER INTERNATIONAL INC		2014-12-19	2015-10-20
	7. BAXTER INTERNATIONAL INC		2014-06-24	2015-10-20
	2. FLEETCOR TECHNOLOGIES INC		2014-06-02	2015-10-21
	21. HCA HOLDINGS INC		2014-08-01	2015-10-21
	7. HCA HOLDINGS INC		2014-12-19	2015-10-21
	3. INCYTE CORPORATION		2014-06-02	2015-10-21
	3. AMERICAN TOWER CORP		2014-06-02	2015-10-23
	2. APPLE INC		2014-06-02	2015-10-26
	3. APPLE INC		2014-06-02	2015-10-26
	4. DOLLAR GENERAL CORP		2015-04-21	2015-10-26
	8. DOLLAR GENERAL CORP		2015-04-22	2015-10-28
	5. DOLLAR GENERAL CORP		2015-04-27	2015-10-28
	1. DOLLAR GENERAL CORP		2015-04-29	2015-10-28
	5. SBA COMMUNICATIONS CORP (IPO)		2014-06-02	2015-10-28
	3. SBA COMMUNICATIONS CORP (IPO)		2014-06-02	2015-10-28
	641. SECTOR SPDR TR SBI CYCL TRANS		2015-09-30	2015-10-28
	320. SECTOR SPDR TR SBI CYCL TRANS		2015-03-31	2015-10-28
	1. ALLERGAN PLC SEDOL BY9D546		2014-12-04	2015-10-29
	5. SBA COMMUNICATIONS CORP (IPO)		2014-06-02	2015-11-13
	3. SBA COMMUNICATIONS CORP (IPO)		2014-12-19	2015-11-13
	10. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7		2014-06-02	2015-11-23
	11. NXP SEMICONDUCTORS ISIN NL0009538784 SEDOL B505PN7		2014-12-19	2015-11-23
	368. SPDR TR UNIT SER 1		2015-10-28	2015-11-30
	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	1,531	1,561	-30
b	462	655	-193
c	540	561	-21
d	1,067	1,101	-34
e	2,922	3,402	-480
	19,724	20,150	-426
	209	191	18
	799	745	54
	854	1,170	-316
	532	561	-29
	245	200	45
	4	5	-1
	112	123	-11
	60	50	10
	84	130	-46
	33	48	-15
	271	311	-40
	588	495	93
	1,269	1,029	240
	420	343	77
	184	165	19
	628	514	114
	2,104	1,741	363
	1,355	1,412	-57
	634	489	145
	678	432	246
	416	343	73
	408	326	82
	87	85	2
	111	72	39
	212	229	-17
	129	137	-8
	352	649	-297
	1,006	3,133	-2,127
	347	416	-69
	346	416	-70
	336	367	-31
	210	214	-4
	268	377	-109
	337	471	-134
	350	471	-121
	533	596	-63
	765	1,125	-360
	2,217	2,913	-696
	349	338	11
	355	338	17
	379	513	-134
	593	770	-177
	999	1,275	-276
	345	308	37
	243	216	27
	1,020	1,283	-263
	9,392	9,325	67
	29,313	31,424	-2,111
	440	461	-21
	1,320	1,292	28
	757	1,280	-523
	1,528	1,825	-297
	509	601	-92
	24,064	23,755	309
	1,025	973	52
	1,881	2,683	-802
	301	308	-7
	151	157	-6
	3,184	2,605	579
	407	316	91
	280	230	50
	1,172	1,378	-206
	391	467	-76
	1,915	1,953	-38
	2,686	3,332	-646
	756	824	-68
	1,926	2,297	-371
	459	464	-5
	455	461	-6
	366	230	136
	1,431	1,687	-256
	377	376	1
	1,129	1,005	124
	456	461	-5
	210	217	-7
	117	77	40
	176	180	-4
	387	402	-15
	1,116	1,402	-286
	2,121	2,229	-108
	1,894	1,945	-51
	267	140	127
	407	316	91
	1,905	3,498	-1,593
	277	304	-27
	421	316	105
	361	230	131
	404	520	-116
	322	416	-94
	237	268	-31
	2,080	1,876	204
	333	397	-64
	318	342	-24
	1,153	516	637
	1,500	932	568
	336	367	-31
	327	299	28
	1,891	2,342	-451
	373	484	-111
	325	246	79
	2,176	1,493	683
	452	489	-37
	808	702	106
	25,122	24,851	271
	23,213	24,315	-1,102
	730	694	36
	578	258	320
	523	321	202
	1,950	1,693	257
	1,829	1,862	-33
	793	651	142
	89	60	29
	484	215	269
	1,251	802	449
	457	307	150
	342	361	-19
	432	441	-9
	336	351	-15
	1,453	1,354	99
	1,006	991	15
	169	174	-5
	889	1,319	-430
	445	516	-71
	585	464	121
	567	684	-117
	1,897	1,618	279
	438	483	-45
	402	417	-15
	255	261	-6
	253	301	-48
	100	89	11
	7,064	5,540	1,524
	384	357	27
	477	486	-9
	388	357	31
	286	212	74
	451	385	66
	454	448	6
	221	169	52
	408	477	-69
	1,700	1,757	-57
	423	357	66
	524	494	30
	21,064	21,793	-729
	10,241	9,329	912
	21,772	20,935	837
	362	261	101
	11,543	10,607	936
	593	618	-25
	402	416	-14
	292	209	83
	5,328	6,410	-1,082
	1,995	1,678	317
	2,307	2,933	-626
	2,538	2,475	63
	351	294	57
	1,134	1,200	-66
	355	327	28
	9	9
	322	299	23
	1,806	1,196	610
	1,228	1,620	-392
	334	254	80
	411	399	12
	205	199	6
	209	183	26
	226	169	57
	155	138	17
	127	72	55
	1,053	980	73
	439	473	-34
	2,088	1,994	94
	1,267	1,446	-179
	282	294	-12
	204	199	5
	102	120	-18
	1,709	1,593	116
	410	467	-57
	220	154	66
	221	154	67
	1,041	802	239
	520	609	-89
	2,504	2,827	-323
	1,350	1,701	-351
	1,888	2,757	-869
	1,715	3,152	-1,437
	549	424	125
	1,702	1,977	-275
	90	107	-17
	1,734	1,762	-28
	372	413	-41
	324	338	-14
	488	599	-111
	1,914	1,345	569
	5,818	4,181	1,637
	1,247	1,031	216
	163	169	-6
	195	239	-44
	194	239	-45
	259	261	-2
	1,465	1,796	-331
	178	234	-56
	202	195	7
	2,640	2,411	229
	182		182
	908		908
	917	992	-75
	1,084	1,419	-335
	62	65	-3
	267	290	-23
	483	381	102
	537	707	-170
	21	22	-1
	131	199	-68
	983	970	13
	2,027	2,079	-52
	1,938	1,984	-46
	1,406	1,577	-171
	1,926	1,283	643
	1,934	2,064	-130
	2,161	1,650	511
	1,708	1,992	-284
	421	426	-5
	1,311	520	791
	590	596	-6
	771	482	289
	39	54	-15
	169	216	-47
	303	306	-3
	2,330	1,976	354
	592	596	-4
	84	85	-1
	588	645	-57
	1,299	1,440	-141
	536	288	248
	262	144	118
	208	148	60
	207	148	59
	1,873	1,909	-36
	1,812	1,148	664
	131	72	59
	254	294	-40
	251	305	-54
	172	172
	243	240	3
	263	144	119
	131	123	8
	935	947	-12
	305	316	-11
	332	246	86
	257	246	11
	194	148	46
	735	642	93
	190	154	36
	987	946	41
	1,772	1,655	117
	682	740	-58
	1,561	1,753	-192
	567	258	309
	2,233	2,209	24
	562	532	30
	25,190	24,688	502
	2,302	2,620	-318
	2,039	1,483	556
	794	781	13
	1,078	805	273
	1,774	1,782	-8
	2,242	2,093	149
	1,858	1,841	17
	3,097	3,850	-753
	1,848	1,631	217
	726	679	47
	445	215	230
	553	373	180
	216	293	-77
	440	421	19
	2,345	1,891	454
	962	633	329
	2,209	1,865	344
	143	196	-53
	212	311	-99
	140	151	-11
	70	97	-27
	24,264	25,690	-1,426
	2,189	1,134	1,055
	1,048	1,789	-741
	150	294	-144
	399	1,203	-804
	258	296	-38
	205	237	-32
	163	282	-119
	136	232	-96
	135	151	-16
	275	373	-98
	553	514	39
	180	197	-17
	273	367	-94
	506	655	-149
	270	367	-97
	2,445	2,273	172
	609	489	120
	386	326	60
	487	408	79
	18,367	17,799	568
	66	72	-6
	4,345	4,652	-307
	23,797	23,955	-158
	437	507	-70
	292	245	47
	192	173	19
	920	797	123
	453	567	-114
	914	982	-68
	1,763	2,306	-543
	359	140	219
	276	308	-32
	1,520	1,785	-265
	511	591	-80
	2,115	1,996	119
	1,525	1,646	-121
	421	579	-158
	208	290	-82
	69	80	-11
	1,837	1,685	152
	1,785	1,589	196
	205	240	-35
	2,287	2,525	-238
	239	276	-37
	290	253	37
	1,491	1,373	118
	497	522	-25
	322	140	182
	297	265	32
	230	179	51
	346	269	77
	263	303	-40
	528	612	-84
	331	380	-49
	66	73	-7
	587	503	84
	352	302	50
	51,322	47,270	4,052
	25,621	24,298	1,323
	312	267	45
	523	526	-3
	314	339	-25
	792	621	171
	871	928	-57
	76,949	76,425	524
			13,789

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			-30
b			-193
c			-21
d			-34
e			-480
			-426
			18
			54
			-316
			-29
			45
			-1
			-11
			10
			-46
			-15
			-40
			93
			240
			77
			19
			114
			363
			-57
			145
			246
			73
			82
			2
			39
			-17
			-8
			-297
			-2,127
			-69
			-70
			-31
			-4
			-109
			-134
			-121
			-63
			-360
			-696
			11
			17
			-134
			-177
			-276
			37
			27
			-263
			67
			-2,111
			-21
			28
			-523
			-297
			-92
			309
			52
			-802
			-7
			-6
			579
			91
			50
			-206
			-76
			-38
			-646
			-68
			-371
			-5
			-6
			136
			-256
			1
			124
			-5
			-7
			40
			-4
			-15
			-286
			-108
			-51
			127
			91
			-1,593
			-27
			105
			131
			-116
			-94
			-31
			204
			-64
			-24
			637
			568
			-31
			28
			-451
			-111
			79
			683
			-37
			106
			271
			-1,102
			36
			320
			202
			257
			-33
			142
			29
			269
			449
			150
			-19
			-9
			-15
			99
			15
			-5
			-430
			-71
			121
			-117
			279
			-45
			-15
			-6
			-48
			11
			1,524
			27
			-9
			31
			74
			66
			6
			52
			-69
			-57
			66
			30
			-729
			912
			837
			101
			936
			-25
			-14
			83
			-1,082
			317
			-626
			63
			57
			-66
			28

			23
			610
			-392
			80
			12
			6
			26
			57
			17
			55
			73
			-34
			94
			-179
			-12
			5
			-18
			116
			-57
			66
			67
			239
			-89
			-323
			-351
			-869
			-1,437
			125
			-275
			-17
			-28
			-41
			-14
			-111
			569
			1,637
			216
			-6
			-44
			-45
			-2
			-331
			-56
			7
			229
			182
			908
			-75
			-335
			-3
			-23
			102
			-170
			-1
			-68
			13
			-52
			-46
			-171
			643
			-130
			511
			-284
			-5
			791
			-6
			289
			-15
			-47
			-3
			354
			-4
			-1
			-57
			-141
			248
			118
			60
			59
			-36
			664
			59
			-40
			-54

			3
			119
			8
			-12
			-11
			86
			11
			46
			93
			36
			41
			117
			-58
			-192
			309
			24
			30
			502
			-318
			556
			13
			273
			-8
			149
			17
			-753
			217
			47
			230
			180
			-77
			19
			454
			329
			344
			-53
			-99
			-11
			-27
			-1,426
			1,055
			-741
			-144
			-804
			-38
			-32
			-119
			-96
			-16
			-98
			39
			-17
			-94
			-149
			-97
			172
			120
			60
			79
			568
			-6
			-307
			-158
			-70
			47
			19
			123
			-114
			-68
			-543
			219
			-32
			-265
			-80
			119
			-121
			-158
			-82
			-11
			152
			196
			-35
			-238
			-37
			37
			118
			-25
			182
			32
			51
			77
			-40
			-84
			-49
			-7
			84
			50
			4,052
			1,323
			45
			-3
			-25
			171
			-57
			524

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	16,458
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	71,567	1,558,254	0.045928
2012	66,430	1,439,315	0.046154
2011	70,785	1,365,783	0.051827
2010	63,993	1,401,530	0.045659
2009	56,918	1,299,448	0.043802

2	Total of line 1, column (d) ......................	2	0.23337
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	0.046674
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	1,915,542
5	Multiply line 4 by line 3.......................	5	89,406
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	489
7	Add lines 5 and 6.........................	7	89,895
8	Enter qualifying distributions from Part XII, line 4..............	8	70,222
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	979
	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	979
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	979
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	8,660
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	8,660
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	7,681
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax490	Refunded	11	7,191

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. Click to see attachment

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

Yes

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

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

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

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

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

Yes

Website address bullet

The books are in care of bullet

PNC BANK NA Telephone no. bullet

(412) 762-9161

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 N A	TRUSTEE 3	14,790
620 LIBERTY AVENUE PITTSBURGH,PA15222	TRUSTEE 3	14,790

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

1,944,713

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

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

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

1,944,713

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

1,944,713

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

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

29,171

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

1,915,542

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

95,777

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

95,777

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

979

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

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

979

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

94,798

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

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

94,798

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

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

94,798

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 ..........

70,222

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

70,222

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see instructions).................

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

70,222

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					94,798
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......				67,260
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: $ 70,222
a Applied to 2013, but not more than line 2a					67,260
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.....					2,962
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 ..........					91,836
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2010....	0
b Excess from 2011....	0
c Excess from 2012....	0
d Excess from 2013....	0
e Excess from 2014....	0

Form 990-PF (2014)

Page 10

Part XIV

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

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

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

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

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

Part XV

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

1Information Regarding Foundation Managers:

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

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

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

Check here bullet

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

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

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

cAny submission deadlines:

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

Form 990-PF (2014)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
WARREN COUNTY ENDOWMENT FUND PO BOX 1314 FRONT ROYAL,VA22630	NONE	PC	GENERAL SUPPORT	4,344
NANCY L HOFFMAN HOME CO WARREN COUNTY COURT HOUSE WARREN,PA163652318	NONE	PC	GENERAL SUPPORT	6,866
WARREN LIBRARY ASSOCIATION C/O RUTH MYER 205 MARKET STREET WARREN,PA163652305	NONE	PC	GENERAL SUPPORT	11,210
ST PAUL LUTHERAN CHURCH 306 CONEWANGO AVE WARREN,PA163651626	NONE	PC	GENERAL SUPPORT	22,420
DON MILLS ACHIEVEMENT CENTER C/O BARB SWANSON EX DIRECTOR 250 HOSPITAL DRIVE NORTH WARREN,PA163654886	NONE	PC	GENERAL SUPPORT	11,210
THE SALVATION ARMY OF WARREN C/O MR RICHARD D ALLEN PA CORPS WEST NYACK,NY109941753	NONE	PC	GENERAL SUPPORT	11,210
Total ................................. 3a				67,260

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	46,903
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	16,458
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)..				63,361

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

1363,361

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2014)

Page 13

Part XVII

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

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

Yes

organizations?

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If "Yes," complete the following schedule.

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

Sign Here

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

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

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of organization O EMERT NICHOLSON CHARITABLE TRUST

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	O E NICHOLSON TW J L NICHOLSON 620 LIBERTY AVENUE PITTSBURGH, PA152222705	$400,683	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Name of organization O EMERT NICHOLSON CHARITABLE TRUST

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

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
MUTUAL FUNDS - FIXED	AT COST	630,330	610,954
MUTUAL FUNDS - EQUITY	AT COST	556,995	528,035

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
OTHER NON-ALLOCABLE EXPENSE -	4	0	4
MAP MANAGEMENT FEES	1,630	1,630	0
TRANSACTION CHARGES	375	375	0
ACCOUNT MAINTENANCE FEES	458	458	0

Category	Amount	Net Investment Income
FOREIGN TAXES	28	28
FEDERAL TAX PAYMENT - PRIOR YE	7,299	0
FEDERAL ESTIMATES - PRINCIPAL	8,660	0
FOREIGN TAXES ON QUALIFIED FOR	106	106
FOREIGN TAXES ON NONQUALIFIED	1	1