Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
CALVIN P & IRMA B BENTLEY CHARITABLE FND
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 10566 - GW TRUST TAX DEPT   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BIRMINGHAM, AL35296
A Employer identification number

38-6043873
B Telephone number (see instructions)

(205) 297-6713
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$992,361J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach
schedule)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 27,382 27,382  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 20,980
b Gross sales price for all assets on line 6a 368,937
7 Capital gain net income (from Part IV, line 2)... 20,980
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)....... Click to see attachment 1    
12 Total. Add lines 1 through 11........ 48,363 48,362  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 7,489 6,740   749
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 2,500 2,250 0 250
c Other professional fees (attach schedule).... Click to see attachment 1,431 1,288   143
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 535     0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications.......... 36 0 0 36
23 Other expenses (attach schedule)....... Click to see attachment 317 317    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 12,308 10,595 0 1,178
25 Contributions, gifts, grants paid........ 51,807 51,807
26 Total expenses and disbursements. Add lines 24 and 25 64,115 10,595 0 52,985
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -15,752
b Net investment income (if negative, enter -0-) 37,767
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 2,751 7,995 7,995
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 556,666 Click to see attachment509,787 580,934
c Investments—corporate bonds (attach schedule)........ 378,083 Click to see attachment403,966 403,432
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 937,500 921,748 992,361
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 937,500 921,748
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)...... 937,500 921,748
31 Total liabilities and net assets/fund balances (see instructions).. 937,500 921,748
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)............... 1 937,500
2 Enter amount from Part I, line 27a..................... 2 -15,752
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 921,748
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 921,748
Form 990-PF (2014)
Form 990-PF (2014)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 215. AMERICAN AXLE & MFG HLDGS INC   2012-10-01 2014-10-27
b 56. ANALOG DEVICES, INC.   2013-02-07 2014-10-27
c 33. AUTOMATIC DATA PROCESSING   2014-08-21 2014-10-27
d 11. CDK GLOBAL INC   2014-08-21 2014-10-27
e 40. COLFAX CORPORATION   2012-01-05 2014-10-27
20. DIAGEO PLC - ADR   2012-03-01 2014-10-27
59. HIBBETT SPORTS INC.   2014-08-21 2014-10-27
31. LITHIA MOTORS INC CL A   2014-08-21 2014-10-27
44. OIL STATES INTL INC   2014-08-21 2014-10-27
64. PORTFOLIO RECOVERY ASSOC   2012-01-05 2014-10-27
1082.659 PRINCIPAL MIDCAP BLEND FD-IN   2012-01-05 2014-10-27
27. SCHLUMBERGER LIMITED   2013-02-07 2014-10-27
67. U.S. BANCORP   2012-10-01 2014-10-27
53.822 VANGUARD SML CAP INDX-ADM   2013-08-22 2014-10-27
16. VIRTUS INVESTMENT PARTNERS INC   2013-02-07 2014-10-27
106. WOLVERINE WORLD WIDE INC   2014-08-21 2014-10-27
.5 KEYSIGHT TECHNOLOGIES INC   2012-10-01 2014-11-07
.5 KLX INC   2014-08-21 2014-12-23
50000. BANK OF NY MELLO BK 3.100% 1/15/15   2010-01-27 2015-01-15
87. ADVENT SOFTWARE INC   2014-08-21 2015-02-09
63. AGILENT TECHNOLOGIES INC   2012-10-01 2015-02-09
45. APACHE CORPORATION   2008-11-24 2015-02-09
88. BANK OF THE OZARKS INC   2012-10-01 2015-02-09
33. B/E AEROSPACE, INC.   2014-08-21 2015-02-09
24. CALIFORNIA RES CORP   2013-05-08 2015-02-09
32. CHEVRONTEXACO CORP   2012-01-05 2015-02-09
128. FREEPORT-MCM COPR GOLD   2012-03-01 2015-02-09
19. GOLDMAN SACHS GROUP INC   2013-08-22 2015-02-09
48. HALLIBURTON COMPANY   2014-03-18 2015-02-09
61. HALLIBURTON COMPANY   2011-07-08 2015-02-09
63. HESS CORP   2012-10-01 2015-02-09
16. KLX INC   2014-08-21 2015-02-09
31. KEYSIGHT TECHNOLOGIES INC   2012-10-01 2015-02-09
103. LEGACY TEXAS FINANCIAL GROUP   2014-03-18 2015-02-09
23. MWI VETERINARY SUPPLY INC   2012-10-01 2015-02-09
60. OCCIDENTAL PETROLEUM CORPORATION   2013-05-08 2015-02-09
60. RLI CORP   2014-08-21 2015-02-09
2. WAL MART STORES INCORPORATED   2014-10-27 2015-02-09
46. WAL MART STORES INCORPORATED   2010-09-29 2015-02-09
1918.141 THORNBURG DEVELOPING WLD-I   2014-01-22 2015-03-03
50000. WELLS FARGO CO 3.625% 4/15/15   2010-05-24 2015-04-15
.0302 GOOGLE INC-CL C   2008-09-18 2015-05-11
81. ACTUANT CORP-CL A   2014-08-21 2015-06-03
53. AMTRUST FINANCIAL SERVICES,INC   2012-01-05 2015-06-03
34. APPLE COMPUTERS INCORPORATED   2013-08-22 2015-06-03
42. BAXTER INTL INC   2012-01-05 2015-06-03
69. ENCORE CAP GROUP INC   2015-02-09 2015-06-03
169. ISHARES CORE HIGH DIVIDEND ETF   2014-03-18 2015-06-03
294. SPDR S&P DIVIDEND ETF   2013-05-08 2015-06-03
91. WELLS FARGO & COMPANY   2011-07-08 2015-06-03
.8896 DANONE ADR(EURO)   2015-06-10 2015-06-29
64. DIRECTV   2014-08-21 2015-07-27
.088 AT&T INC   2015-07-28 2015-08-06
1152. VANGUARD FTSE EMERGING MARKETS ETF   2015-06-03 2015-08-20
60. DISCOVER FINANCIAL SERVICES   2014-08-21 2015-09-04
74. ON ASSIGNMENT INC   2015-02-09 2015-09-04
31. TYLER TECHNOLOGIES INC   2014-08-21 2015-09-04
162.996 VANGUARD VALUE INDEX-ADM   2015-06-09 2015-09-04
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 3,755   2,538 1,217
b 2,612   2,485 127
c 2,522   2,421 101
d 325   350 -25
e 2,086   1,138 948
2,294   1,936 358
2,597   2,774 -177
2,232   2,699 -467
2,537   2,793 -256
3,877   1,388 2,489
23,548   14,822 8,726
2,523   1,447 1,076
2,742   2,315 427
2,868   2,558 310
2,664   2,505 159
2,785   2,749 36
15   11 4
21   22 -1
50,000   50,703 -703
3,813   2,750 1,063
2,455   1,794 661
3,051   4,000 -949
3,116   1,521 1,595
2,005   2,041 -36
155   186 -31
3,549   3,085 464
2,518   5,852 -3,334
3,453   2,918 535
2,104   2,729 -625
2,674   3,197 -523
4,679   3,420 1,259
625   715 -90
1,082   674 408
2,366   2,802 -436
4,361   2,474 1,887
4,902   5,139 -237
2,930   2,741 189
172   154 18
3,962   2,440 1,522
35,198   36,042 -844
50,000   50,490 -490
16   6 10
1,918   2,750 -832
3,223   1,036 2,187
4,437   2,430 2,007
2,763   2,093 670
2,780   2,753 27
12,908   11,654 1,254
23,148   20,173 2,975
5,192   2,575 2,617
12   12  
6,025   5,431 594
3   3  
40,237   47,536 -7,299
3,063   3,752 -689
2,590   2,715 -125
4,215   2,820 1,395
4,900   5,400 -500
      334
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       1,217
b       127
c       101
d       -25
e       948
      358
      -177
      -467
      -256
      2,489
      8,726
      1,076
      427
      310
      159
      36
      4
      -1
      -703
      1,063
      661
      -949
      1,595
      -36
      -31
      464
      -3,334
      535
      -625
      -523
      1,259
      -90
      408
      -436
      1,887
      -237
      189
      18
      1,522
      -844
      -490
      10
      -832
      2,187
      2,007
      670
      27
      1,254
      2,975
      2,617
       
      594
       
      -7,299
      -689
      -125
      1,395
      -500
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 20,980
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2013 42,718 1,070,454 0.039906
2012 27,922 989,117 0.028229
2011 26,483 935,874 0.028298
2010 26,381 913,841 0.028868
2009 41,783 854,156 0.048917
2 Total of line 1, column (d) ...................... 2 0.174218
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 0.034844
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 1,048,513
5 Multiply line 4 by line 3....................... 5 36,534
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 378
7 Add lines 5 and 6......................... 7 36,912
8 Enter qualifying distributions from Part XII, line 4.............. 8 52,985
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2014)
Form 990-PF (2014)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 378
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 378
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- ..... 5 378
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 924
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.............. 7 924
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 546
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet380 RefundedBullet 11 166
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletCOMPASS BANK Telephone no.bullet (205) 297-6712
    Located atbulletPO BOX 10566BIRMINGHAMAL ZIP+4bullet35296
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?........................
    b
    If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    COMPASS BANK TRUSTEE
    20     		7,489    
    PO BOX 10566
    BIRMINGHAM,AL35296
    JEROME T MOORE JR DIST CMTEE
    20     		0    
    3208 WARRENTON PLACE
    MONTGOMERY,AL36111
    CALVIN B MOORE DIST CMTEE
    20     		0    
    1622 STAR LAKE PL
    PENSACOLA,FL32507
    DAVIS BREWER DIST CMTEE
    20     		0    
    1254 TALL PINE TRAIL
    GULF BREEZE,FL32561
    ALAN BREWER DIST CMTE
    20     		0    
    9169 VAUGHN ROAD
    PIKE ROAD,AL36064
    MARTHA BREWER DIST CMTE
    20     		0    
    4270 WICKERSHAM DRIVE NW
    ATLANTA,GA30327
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 8
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,064,480
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,064,480
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    1,064,480
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    15,967
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,048,513
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    52,426
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    52,426
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    378
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    378
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    52,048
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    52,048
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    52,048
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    52,985
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    52,985
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    378
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    52,607
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 52,048
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 51,808
    b Total for prior years:2012, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009....... 0
    b From 2010....... 0
    c From 2011....... 0
    d From 2012....... 0
    e From 2013....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 52,985
    a Applied to 2013, but not more than line 2a 51,808
    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..... 1,177
    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 ..........     		50,871
    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)
    Form 990-PF (2014)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2014, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2014 (b) 2013 (c) 2012 (d) 2011
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    COMPASS BANK - GW TRUST TAX DEPT
    C/O PATSY ALFORD
    BIRMINGHAM,AL35296
    (205) 297-6713
    bThe form in which applications should be submitted and information and materials they should include:
    NO SPECIFIC FORM
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BIG OAK RANCH
    PO BOX 507
    SPRINGVILLE,AL35146     		NONE EXEMPT CHARITY CHARITABLE 500
    YMCA OF NW FLORIDA
    400 N PALAFOX STREET
    PENSACOLA,FL32501     		NONE EXEMPT CHARITY CHARITABLE 5,135
    AUBURN UNIVERSITY AT
    MONTGOMERY-SCHOOL OF NURSING
    7515 HALCOYN SUMMIT STE 102
    MONTGOMERY,AL36177     		NONE EXEMPT CHARITY CHARITABLE 1,500
    THE LAWRENCEVILLE SCHOOL
    BOX 6125
    LAWRENCEVILLE,NJ08648     		NONE EXEMPT CHARITY CHARITABLE 1,000
    ST JAMES UNITED
    METHODIST CHURCH
    9045 VAUGHN ROAD
    MONTGOMERY,AL36117     		NONE EXEMPT CHARITY CHARITABLE 5,000
    PENSACOLA JR COLLEGE
    WSRE-TV
    1000 COLLEGE BLVD
    PENSACOLA,FL32504     		NONE EXEMPT CHARITY CHARITABLE 500
    PENSACOLA JR COLLEGE
    VISUAL ARTS DEPT
    1000 COLLEGE BLVD
    PENSACOLA,FL32504     		NONE EXEMPT CHARITY CHARITABLE 1,000
    WILDLIFE SANCTUARY
    OF PENSACOLA
    105 NORTH SOUTH STREET
    PENSACOLA,FL32505     		NONE EXEMPT CHARITY CHARITABLE 500
    ST ANDREWS BY THE SEA
    30704 MAGNOLIA STREET
    PERDIDO BEACH,FL36530     		NONE EXEMPT CHARITY CHARITABLE 500
    FELLOWSHIP OF CHRISTIAN
    ATHLETES
    PO BOX 230865
    MONTGOMERY,AL36123     		NONE EXEMPT CHARITY CHARITABLE 600
    PENSACOLA SALVATION ARMY
    1501 NO Q STREET
    PENSACOLA,FL32505     		NONE EXEMPT CHARITY CHARITABLE 500
    THE ATLANTA OPERA
    1575 NORTHSIDE DR NW 350
    ATLANTA,GA30318     		NONE EXEMPT CHARITY CHARITABLE 500
    SACRED HEART FOUNDATION
    PO BOX 2700
    PENSACOLA,FL35213     		NONE EXEMPT CHARITY CHARITABLE 500
    UNITED MINISTRIES
    257 EAST LEE STREET
    PENSACOLA,FL32503     		NONE EXEMPT CHARITY CHARITABLE 2,352
    THE MUSEUM OF
    CONTEMPORARY ART OF GA
    75 BENNETT ST NW
    ATLANTA,GA30309     		NONE EXEMPT CHARITY CHARITABLE 5,793
    HUNTINGDON COLLEGE
    1500 EAST FAIRVIEW AVENUE
    MONTGOMERY,AL36117     		NONE EXEMPT CHARITY CHARITABLE 1,000
    WTSU-WRWA-WTJB PUBLIC
    RADIO
    TROY UNIV - WALLACE HALL
    TROY,AL36082     		NONE EXEMPT CHARITY CHARITABLE 2,000
    AUDUBON SOCIETY OF
    WYOMING
    116 N COLLEGE AVE STE 1
    FT COLLINS,CO80524     		NONE EXEMPT CHARITY CHARITABLE 500
    SOUTHERN MUSEUM OF
    FLIGHT FOUNDATION
    4343 73RD STREET NORTH
    BIRMINGHAM,AL36761     		NONE EXEMPT CHARITY CHARITABLE 500
    MONTGOMERY LION'S CLUB
    PO BOX 94
    MONTGOMERY,AL36104     		NONE EXEMPT CHARITY CHARITABLE 500
    ALABAMA WILDLIFE
    FEDERATION
    46 COMMERCE STREET
    MONTGOMERY,AL36104     		NONE EXEMPT CHARITY CHARITABLE 1,000
    MONTGOMERY AREA
    ZOOLOGICAL SOCIETY
    PO BOX 3242
    MONTGOMERY,AL36109     		NONE EXEMPT CHARITY CHARITABLE 500
    BAPTIST HEALTHCARE
    FOUNDATION
    1717 NORTH EAST STREET
    PENSACOLA,FL32501     		NONE EXEMPT CHARITY CHARITABLE 500
    FIRST PRESBYTERIAN CHURCH
    33 EAST GREGORY STREET
    PENSACOLA,FL32502     		NONE EXEMPT CHARITY CHARITABLE 7,000
    FAITH RADIO
    381 MENDEL PARKWAY EAST
    MONTGOMERY,AL361175401     		NONE EXEMPT CHARITY CHARITABLE 600
    HOLLINS UNIVERSITY
    PO BOX 9629
    ROANOKE,VA240201629     		NONE EXEMPT CHARITY CHARITABLE 1,842
    FORGOTTEN CHILDREN'S
    MINISTRIES
    PO BOX 24085
    CHATTANOOGA,TN37422     		NONE EXEMPT CHARITY CHARITABLE 3,635
    HUMANE SOCIETY
    2480 W NAVEY BLVD
    PENSACOLA,FL32505     		NONE EXEMPT CHARITY CHARITABLE 500
    TRINITY PRESBYTERIAN CHURCH
    BUILDING FUND
    1728 S HULL STREET
    MONTGOMERY,AL36104     		NONE EXEMPT CHARITY CHARITABLE 600
    OPERA THEATRE OF ST LOUIS
    PO BOX 191910
    ST LOUIS,MO63119     		NONE EXEMPT CHARITY CHARITABLE 500
    MONTGOMERY SYMPHONY ORCHESTRA
    PO BOX 1804
    MONTGOMERY,AL36102     		NONE EXEMPT CHARITY CHARITABLE 1,500
    PENSACOLA STATE COLLEGE
    1000 COLLEGE BLVD
    PENSACOLA,FL32504     		NONE EXEMPT CHARITY CHARITABLE 500
    WYOMING LAND TRUST
    PO BOX 1580
    PINDALE,WY82941     		NONE EXEMPT CHARITY CHARITABLE 500
    AUBURN UNIVERSITY
    BIOLOGICAL DEPT
    101 ROUSE LIFE SCIENCE
    AUBURN,AL36849     		NONE EXEMPT CHARITY CHARITABLE 1,000
    CROSS CREEK CHURCH
    2301 GRANDE AVE 101
    HOOVER,AL35226     		NONE EXEMPT CHARITY CHARITABLE 500
    PROJECT HEALING WATERS ATLANTA
    MR GENE BARRINGTON
    1780 SWANEE OAK LANE
    CUMMINGS,GA30040     		NONE EXEMPT CHARITABLE 500
    NAVAL AVIATION MUSEUM
    1750 REDFORD BLVD STE B
    NAS PENSACOLA,FL35208     		NONE EXEMPT CHARITABLE 250
    Total .................................bullet 3a 51,807
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		         
    4 Dividends and interest from securities....       0 27,382
    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 .............     		      0 20,980
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aROUNDING ADJ         1
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   0 48,363
    13Total. Add line 12, columns (b), (d), and (e)..................
    1348,363
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    4 PRODUCTION OF INCOME IS ESSENTIAL IN FUNDING
    4 EXEMPT ACTIVITIES
    8 GAINS/LOSSES FROM SALES OF SECURITIES WHICH WERE HELD TO PRO
    8 EARNINGS WERE PAID AS DESCRIBED ABOVE.
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 AccountingFeesSchedule
    Name:
    CALVIN P & IRMA B BENTLEY CHARITABLE FND
    EIN: 38-6043873
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEES 2,500 2,250   250

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    CALVIN P & IRMA B BENTLEY CHARITABLE FND
    EIN: 38-6043873
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BANK OF NY MELLO BK 3.1% 1/15/    
    WELLS FARGO 3.625% 4/15/15 25,131 24,056
    CISCO SYSTEMS 3.15% 3/14/17 49,884 51,646
    JPMORGAN CHASE 3.45% 3/1/16 49,844 50,550
    UNILEVER CAP 2.75% 2/10/16 50,119 50,396
    WALMART STORES 3.25% 10/25/20 51,842 53,028
    NORTHERN TRUST CO 2.375% 8/2/2 24,674 24,567
    AT&T INC 3% 2/15/22 25,458 24,535
    DEERE & CO 2.6% 6/8/22 25,070 24,550
    E I DU PONT DE NEMOURS 2.8% 2/ 25,256 24,200
    GENERAL ELEC CAP CORP 3.1% 1/9 25,903 25,562
    MERCK & CO INC 1.850% 2/10/20 25,257 25,056
    TOYOTA MOTOR CREDIT CORP 2.1% 25,528 25,286

    TY 2014 InvestmentsCorpStockSchedule
    Name:
    CALVIN P & IRMA B BENTLEY CHARITABLE FND
    EIN: 38-6043873
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CHEVRON CORP 4,304 4,181
    J.P. MORGAN CHASE & CO. 6,359 8,779
    AT&T 4,197 3,942
    FIRST HORIZON NATL CORP 2  
    FREEPORT-MCMORAN COPPER & GOLD 3,985 1,899
    APACHE CORP    
    CONOCOPHILLIPS 3,661 3,789
    HALLIBURTON CO    
    DOVER CORP 3,687 4,345
    HONEYWELL INTL 4,048 5,397
    UNITED TECHNOLOGIES 3,932 3,381
    WALMART STORES 2,460 2,075
    PHILIP MORRIS INTL 3,585 4,522
    PROCTOR & GAMBLE 6,565 6,474
    EXPRESS SCRIPTS INC 3,317 5,910
    APPLE INC 1,936 4,522
    INTEL CORP 1,928 4,219
    MICROSOFT CORP 3,035 4,470
    KAYNE ANDERSON MLP 20,485 15,206
    ALLSTATE CORP 1,833 4,252
    AMERISOURCEBERGEN 4,073 9,309
    GENERAL ELECTRIC COMPANY 4,027 6,936
    PUBLIC SRVC ENTERPRISE GROUP 3,434 4,469
    SCHLUMBER LTD 5,192 4,345
    VARIAN MEDICAL SYSTEMS INC 2,802 2,435
    BAXTER INTL INC    
    BORGWARNER INC 4,232 3,868
    EBAY INC 576 1,173
    NEXTERA ENERGY INC 3,044 4,585
    TIME WARNER CABLE 1,576 5,381
    AMERICAN EXPRESS 2,432 3,410
    DIAGEO PLC    
    EMC CORP 4,377 4,663
    GOLDMAN SACHS GROUP INC 1,734 2,606
    ORACLE CORP 6,873 6,899
    SANDISK CORP 3,909 2,173
    SPDR S&P DIV ETF    
    WELLS FARGO COMPANY 2,566 5,340
    HESS CORP    
    OIL STATES INTERNATIONAL    
    ACTUANT CORP    
    B/E AEROSPACE INC    
    COLFAX CORP 2,817 1,645
    ENERSYS 1,002 2,036
    PAREXEL INTL CORP 1,116 3,344
    OSI SYSTEM INC 2,333 3,617
    AMTRUST FINANCIAL SERVICES 1,232 3,968
    PORTFOLIO RECOVERY ASSOCIATES    
    PRINCIPAL MIDCAP BLEND FUND 42,531 62,972
    ISHARES HIGH DIVIDEND ETF    
    OCCIDENTAL PETROLEUM CORP    
    AGILENT TECHNOLOGIES INC 2,816 2,334
    ANALOG DEVICES INC    
    DEERE & COMPANY 2,937 2,368
    HEICO CORP 2,619 2,688
    AMAZON COM INC 6,990 11,262
    AMERICAN AXLE & MFG HLDGS    
    CBS CORP 2,422 2,673
    DORMAN PRODUCTS INC 2,460 3,919
    HSN INC 2,464 2,862
    MWI VETERINARY SUPPLY    
    ARM HOLDINGS PLC 5,367 5,147
    CISCO SYSTEMS INC 8,603 9,161
    QUALCOMM INC 6,399 5,319
    AMERICAN INTL GROUP INC 2,712 3,466
    BANK OF THE OZARKS INC 1,348 3,413
    BANK OF NEW YORK MELLON CORP 3,327 4,072
    U.S. BANCORP 2,142 2,543
    VISA INC 5,598 7,245
    VIRTUS INVESTMENT PARTNERS    
    WEX INC 2,767 2,432
    ABERDEEN EMERGIN MARKET INSTL 40,200 39,615
    CAMBIAR INTL EQUITY FUND 66,142 66,733
    VANGUARD SMALL CAP IND-SIG 2,700 2,445
    BALCHEM CORP 2,768 3,039
    LOWE'S COMPANIES INC 3,177 4,135
    ESTERLINE TECHNOLOGIES CORP 2,819 1,725
    DIRECTV    
    FACEBOOK INC 5,823 7,012
    HIBBETT SPORTS INC    
    LITHIA MOTORS INC 2,876 2,811
    WOLVERINE WORLD WIDE INC    
    WORLD FUEL SERVICES 2,508 2,005
    AUTOMATIC DATA PROCESSING    
    BOSTON BEER COMPANY 2,941 2,527
    COCA-COLA COMPANY 4,035 3,892
    DANONE ADR 6,695 5,897
    FIRSTSERVICE CORPORATION-VTG 1,034 1,808
    MONSTER BEVERAGE CORP 4,165 6,352
    NEOGEN CORP 2,756 2,654
    SABMILLER PLC SPONSORED ADR 2,812 2,920
    YUM! BRANDS INC 2,749 3,038
    ACTAVIS PLC    
    ABBOTT LABORATORIES 2,745 2,775
    MEDNAX INC 2,768 3,379
    MERCK & CO INC 2,728 2,272
    NOVARTIS AG 4,097 4,228
    NOVO NORDISK A/S ADR 5,483 6,780
    ZIMMER HOLDINGS INC 2,807 2,630
    ADVENT SOFTWARE INC    
    AUTODESK INC 3,773 3,090
    GOOGLE INC CLASS A 1,049 3,192
    MANHATTEN ASSOCIATES INC 2,694 5,669
    TYLER TECHNOLOGIES    
    CREDIT ACCEPTANCE CORP 2,764 4,331
    GREENHILL & CO INC 2,752 1,623
    DISCOVER FINANCIAL SERVICES 3,314 2,755
    NATIONAL GENERAL HOLDINGS CORP 2,730 2,836
    RLI CORP    
    SEI INVESTMENTS CO 3,667 4,823
    VIEWPOINT FINANCIAL GROUP    
    EXPEDITORS INTL 3,845 4,376
    UNITED PARCEL SERVICE 3,559 3,553
    THORNBURG DEVELOPING WORLD    
    TIME WARNER INC 4,394 3,919
    AMGEN INC 2,787 2,905
    NEENAH PAPER INC 2,745 2,681
    BAKER HUGHES INC 4,753 3,903
    EOG RESOURCES INC 2,804 2,111
    MARATHON PETROLEUM CORP 2,792 2,594
    ASTRONICS CORP 2,817 1,577
    WESCO AIRCRAFT HOLDINGS INC 2,783 2,281
    DICK'S SPORTING GOODS 2,826 2,580
    DREW INDUSTRIES INC 2,535 3,113
    PAYPAL HLDGS INC 890 1,490
    ALLERGAN PLC 2,546 5,164
    CENTENE CORP 2,810 2,061
    FACTSET RESEARCH SYSTEMS INC 2,569 3,196
    GOOGLE INC CLASS C 4,212 6,693
    COLLIERS INTERNATIONAL GROUP I 1,773 2,273
    EAGLE BANCORP INC 2,816 3,140
    PRA GROUP INC 889 2,170
    T. ROWE PRICE GROUP INC 2,772 2,363
    WORLD ACCEPTANCE CORP 2,663 939
    ALIBABA GROUP HLDG LTD 5,468 3,420
    GOOGLE INC    

    TY 2014 OtherExpensesSchedule
    Name:
    CALVIN P & IRMA B BENTLEY CHARITABLE FND
    EIN: 38-6043873
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 75 75   0
    FOREIGN TAXES QUAL DIV 208 208   0
    FOREIGN TAXES NON QUAL DIV 34 34   0


    TY 2014 OtherIncomeSchedule2
    Name:
    CALVIN P & IRMA B BENTLEY CHARITABLE FND
    EIN: 38-6043873
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROUNDING ADJ 1 0  


    TY 2014 OtherProfessionalFeesSchedule
    Name:
    CALVIN P & IRMA B BENTLEY CHARITABLE FND
    EIN: 38-6043873
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 1,431 1,288   143


    TY 2014 TaxesSchedule
    Name:
    CALVIN P & IRMA B BENTLEY CHARITABLE FND
    EIN: 38-6043873
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL ESTIMATES - PRINCIPAL 535 0   0