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
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
THE VIRGINIA M KINCAID FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)901 SOUTH BOND STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BALTIMORE, MD21231
A Employer identification number

52-1770001
B Telephone number (see instructions)

(410) 537-5465
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$4,070,126J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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... 62,640 59,256  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 191,244
b Gross sales price for all assets on line 6a 796,390
7 Capital gain net income (from Part IV, line 2)... 191,244
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........ 253,884 250,500  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 7,000 7,000    
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 20,286 20,286   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 10,637 604   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 5,813     5,813
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 43,736 27,890 0 5,813
25 Contributions, gifts, grants paid....... 105,000 105,000
26 Total expenses and disbursements. Add lines 24 and 25 148,736 27,890 0 110,813
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 105,148
b Net investment income (if negative, enter -0-) 222,610
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
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......... 100,425 156,677 156,677
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) 200,716    
b Investments—corporate stock (attach schedule)....... 2,359,396 Click to see attachment2,403,742 3,015,490
c Investments—corporate bonds (attach schedule)....... 694,283 Click to see attachment899,110 897,959
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) 3,354,820 3,459,529 4,070,126
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........ 3,354,820 3,459,529
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)..... 3,354,820 3,459,529
31 Total liabilities and net assets/fund balances (see instructions). 3,354,820 3,459,529
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
3,354,820
2
Enter amount from Part I, line 27a .....................
2
105,148
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,459,968
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
439
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
3,459,529
Form 990-PF (2015)
Form 990-PF (2015)
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 4. FOSSIL GROUP INC   2014-04-15 2015-01-02
b 28. QUALCOMM CORP.   2010-01-28 2015-01-02
c 31. QUALCOMM CORP.   2010-01-28 2015-01-05
d 8. COVANCE INC   2010-07-29 2015-01-06
e 3. FOSSIL GROUP INC   2014-07-10 2015-01-06
22. QUALCOMM CORP.   2010-01-28 2015-01-06
9. COVANCE INC   2010-07-29 2015-01-07
2. FOSSIL GROUP INC   2014-07-10 2015-01-07
16. QUALCOMM CORP.   2010-01-28 2015-01-07
7. COVANCE INC   2010-07-29 2015-01-08
5. FOSSIL GROUP INC   2014-07-10 2015-01-08
35. GILEAD SCIENCES INC.   2014-07-10 2015-01-08
22. QUALCOMM CORP.   2010-01-28 2015-01-08
7. COVANCE INC   2010-07-29 2015-01-09
9. FOSSIL GROUP INC   2014-07-10 2015-01-09
3. COVANCE INC   2010-07-29 2015-01-12
3. FOSSIL GROUP INC   2014-07-10 2015-01-12
2. COVANCE INC   2010-07-29 2015-01-13
7. COVANCE INC   2010-07-29 2015-01-14
51. DISCOVERY COMMUNICAIONS-A   2014-07-10 2015-01-14
18. DISCOVERY COMMUNICATIONS-C   2014-03-10 2015-01-14
8. CORE LABORATORIES N V   2014-04-15 2015-01-14
7. COVANCE INC   2010-07-29 2015-01-15
8. DISCOVERY COMMUNICAIONS-A   2014-07-10 2015-01-15
10. DISCOVERY COMMUNICATIONS-C   2014-09-19 2015-01-15
3. CORE LABORATORIES N V   2014-04-15 2015-01-15
222. DISCOVERY COMMUNICAIONS-A   2014-07-10 2015-01-16
40. DISCOVERY COMMUNICATIONS-C   2014-09-19 2015-01-16
17. CORE LABORATORIES N V   2014-04-15 2015-01-16
8. DISCOVERY COMMUNICATIONS-C   2014-04-08 2015-01-20
5. FOSSIL GROUP INC   2014-07-10 2015-01-20
12. CORE LABORATORIES N V   2014-07-10 2015-01-20
19. DISCOVERY COMMUNICATIONS-C   2014-08-25 2015-01-21
4. FOSSIL GROUP INC   2014-07-10 2015-01-21
17. CORE LABORATORIES N V   2014-07-10 2015-01-21
24. DISCOVERY COMMUNICATIONS-C   2014-09-16 2015-01-22
9. FOSSIL GROUP INC   2014-07-10 2015-01-22
21. QUALCOMM CORP.   2010-02-01 2015-01-22
3. CORE LABORATORIES N V   2014-07-10 2015-01-22
15. DISCOVERY COMMUNICATIONS-C   2014-09-16 2015-01-23
59. DISCOVERY COMMUNICATIONS-C   2014-07-10 2015-01-23
14. DISCOVERY COMMUNICATIONS-C   2014-07-10 2015-01-26
8. FOSSIL GROUP INC   2014-07-10 2015-01-26
42. QUALCOMM CORP.   2010-02-01 2015-01-26
3. CORE LABORATORIES N V   2014-07-10 2015-01-26
112. DISCOVERY COMMUNICATIONS-C   2014-09-15 2015-01-27
4. FOSSIL GROUP INC   2012-10-15 2015-01-27
3. CORE LABORATORIES N V   2014-07-10 2015-01-27
18. APPLE COMPUTER INC.   2009-01-12 2015-01-28
2. FOSSIL GROUP INC   2012-10-15 2015-01-28
5. CORE LABORATORIES N V   2014-07-10 2015-01-28
5. FOSSIL GROUP INC   2012-10-15 2015-01-29
29. CORE LABORATORIES N V   2014-07-10 2015-01-29
102. DISCOVERY COMMUNICATIONS-C   2014-10-06 2015-01-30
17. CORE LABORATORIES N V   2014-07-10 2015-01-30
9. FOSSIL GROUP INC   2012-11-08 2015-02-02
14. CORE LABORATORIES N V   2014-07-10 2015-02-02
18. COVANCE INC   2010-07-29 2015-02-03
37. QUALCOMM CORP.   2010-04-26 2015-02-03
10. CORE LABORATORIES N V   2013-04-22 2015-02-03
5. CORE LABORATORIES N V   2014-07-10 2015-02-03
13. COVANCE INC   2010-07-29 2015-02-04
35. STARBUCKS CORP.   2014-07-10 2015-02-04
265. FRACTIONAL CUSIP FOR XXX-XX-XXXX   2009-12-03 2015-02-04
9. CORE LABORATORIES N V   2012-10-15 2015-02-04
7. COVANCE INC   2010-07-29 2015-02-05
12. CORE LABORATORIES N V   2012-10-15 2015-02-05
6. COVANCE INC   2010-07-29 2015-02-06
18. FMC TECHNOLOGIES INC   2006-10-11 2015-02-06
4. FMC TECHNOLOGIES INC   2014-09-08 2015-02-06
3. COVANCE INC   2010-07-29 2015-02-09
33. FMC TECHNOLOGIES INC   2005-11-17 2015-02-09
10. QUALCOMM CORP.   2010-04-26 2015-02-09
5. COVANCE INC   2010-07-29 2015-02-10
21. FMC TECHNOLOGIES INC   2005-11-17 2015-02-10
26. QUALCOMM CORP.   2010-04-26 2015-02-10
6. COVANCE INC   2010-07-29 2015-02-11
4. COVANCE INC   2010-07-29 2015-02-13
2. COVANCE INC   2010-07-29 2015-02-17
20. QUALCOMM CORP.   2010-04-26 2015-02-17
17. SCHLUMBERGER LTD.   2014-11-28 2015-02-17
21. COVANCE INC   2010-07-29 2015-02-18
10. QUALCOMM CORP.   2010-04-26 2015-02-18
10. QUALCOMM CORP.   2010-04-26 2015-02-19
8. QUALCOMM CORP.   2010-04-26 2015-03-03
41. QUALCOMM CORP.   2010-04-26 2015-03-04
28. QUALCOMM CORP.   2010-04-26 2015-03-05
56. QUALCOMM CORP.   2010-04-26 2015-03-06
7. WHOLE FOODS MARKET INC   2014-01-21 2015-03-09
4. WHOLE FOODS MARKET INC   2014-02-23 2015-03-10
15. WHOLE FOODS MARKET INC   2014-04-12 2015-03-10
1. WHOLE FOODS MARKET INC   2014-01-16 2015-03-11
12. WHOLE FOODS MARKET INC   2014-04-12 2015-03-11
17. GILEAD SCIENCES INC.   2014-07-10 2015-03-12
3. WHOLE FOODS MARKET INC   2014-02-18 2015-03-12
19. WHOLE FOODS MARKET INC   2014-04-08 2015-03-12
10. WHOLE FOODS MARKET INC   2014-02-13 2015-03-13
3. WHOLE FOODS MARKET INC   2014-04-15 2015-03-13
4. GILEAD SCIENCES INC.   2014-07-10 2015-03-16
3. GILEAD SCIENCES INC.   2014-07-10 2015-03-17
3. GILEAD SCIENCES INC.   2014-07-10 2015-03-18
10. GENPACT LTD USD 0.001   2014-07-10 2015-03-18
4. GILEAD SCIENCES INC.   2014-07-10 2015-03-19
5. SCHLUMBERGER LTD.   2014-11-28 2015-03-19
5. SCHLUMBERGER LTD.   2014-11-28 2015-03-19
19. SCHLUMBERGER LTD.   2003-08-29 2015-03-19
7. GENPACT LTD USD 0.001   2014-07-10 2015-03-19
5. GILEAD SCIENCES INC.   2014-07-10 2015-03-20
1. GILEAD SCIENCES INC.   2014-02-04 2015-03-20
27. SCHLUMBERGER LTD.   2003-08-29 2015-03-20
13. GENPACT LTD USD 0.001   2014-07-10 2015-03-20
7. GENPACT LTD USD 0.001   2014-07-10 2015-03-23
6. GOOGLE INC CL A   2008-12-10 2015-03-24
5. GOOGLE INC   2008-12-10 2015-03-24
5. GENPACT LTD USD 0.001   2014-07-10 2015-03-30
24. EXPRESS SCRIPTS HLDG CO   2014-04-15 2015-04-09
2. GENPACT LTD USD 0.001   2014-07-10 2015-04-09
7. GENPACT LTD USD 0.001   2014-07-10 2015-04-10
3. GENPACT LTD USD 0.001   2014-07-10 2015-04-13
3. GENPACT LTD USD 0.001   2014-07-10 2015-04-16
3. GENPACT LTD USD 0.001   2014-07-10 2015-04-20
9. GENPACT LTD USD 0.001   2014-07-10 2015-04-22
47. CHARLES SCHWAB CORP.   2014-07-10 2015-04-23
7. GENPACT LTD USD 0.001   2014-07-10 2015-04-23
3. GENPACT LTD USD 0.001   2014-07-10 2015-04-29
8. DAVITA INC   2007-11-30 2015-05-06
18. EXPRESS SCRIPTS HLDG CO   2014-04-15 2015-05-06
11. GILEAD SCIENCES INC.   2014-03-14 2015-05-06
13. DAVITA INC   2007-11-30 2015-05-07
19. EXPRESS SCRIPTS HLDG CO   2014-04-15 2015-05-07
9. GILEAD SCIENCES INC.   2013-12-02 2015-05-07
.0769 GOOGLE INC   2008-12-03 2015-05-07
6. DAVITA INC   2007-11-30 2015-05-08
14. GILEAD SCIENCES INC.   2014-03-21 2015-05-08
6. GENPACT LTD USD 0.001   2014-07-10 2015-05-08
3. DAVITA INC   2007-11-30 2015-05-11
1. DAVITA INC   2007-11-30 2015-05-13
17. DAVITA INC   2007-11-30 2015-05-14
5. GENPACT LTD USD 0.001   2014-07-10 2015-05-14
2. INTUITIVE SURGICAL INC   2014-07-10 2015-05-18
22. CHARLES SCHWAB CORP.   2014-07-10 2015-05-19
6. VISA INC   2014-07-10 2015-05-19
15. CHARLES SCHWAB CORP.   2014-07-10 2015-05-20
8. VISA INC   2014-07-10 2015-05-20
19. CHARLES SCHWAB CORP.   2014-07-10 2015-05-27
18. CHARLES SCHWAB CORP.   2014-07-10 2015-05-28
2. INTUITIVE SURGICAL INC   2014-07-10 2015-06-01
2. MEAD JOHNSON NUTRITION CO-A   2014-07-10 2015-06-05
3. MEAD JOHNSON NUTRITION CO-A   2014-07-10 2015-06-09
9. APPLE COMPUTER INC.   2009-01-12 2015-06-10
15. GILEAD SCIENCES INC.   2014-04-08 2015-06-10
14. VISA INC   2014-07-10 2015-06-10
4. VISA INC   2014-07-10 2015-06-11
30. WHOLE FOODS MARKET INC   2014-04-15 2015-06-15
30. WHOLE FOODS MARKET INC   2014-04-15 2015-06-16
21. WHOLE FOODS MARKET INC   2014-04-15 2015-06-17
12. VISA INC   2014-07-10 2015-06-18
16. WHOLE FOODS MARKET INC   2014-04-15 2015-06-18
9. WHOLE FOODS MARKET INC   2014-04-15 2015-06-19
31. WHOLE FOODS MARKET INC   2014-04-15 2015-06-22
10. WHOLE FOODS MARKET INC   2014-04-15 2015-06-24
10. WHOLE FOODS MARKET INC   2014-04-15 2015-06-25
21. SALESFORCE COM INC   2014-07-10 2015-07-07
6. SALESFORCE COM INC   2014-07-10 2015-07-08
9. ESTEE LAUDER COMPANIES CL A   2014-07-10 2015-07-15
9. WHOLE FOODS MARKET INC   2014-04-15 2015-07-15
9. ESTEE LAUDER COMPANIES CL A   2014-07-10 2015-07-16
14. WHOLE FOODS MARKET INC   2014-04-15 2015-07-16
19. SCHLUMBERGER LTD.   2003-08-29 2015-07-17
18. SCHLUMBERGER LTD.   2003-08-29 2015-07-20
13. SCHLUMBERGER LTD.   2003-08-29 2015-07-21
39. SCHLUMBERGER LTD.   2003-08-29 2015-07-22
. PROCEEDS FROM SECURITIES LITIGATION     2015-07-23
6. AMAZON.COM INC   2015-06-17 2015-07-27
26. SCHLUMBERGER LTD.   2003-08-29 2015-07-28
13. SCHLUMBERGER LTD.   2003-08-29 2015-07-29
100. SCHLUMBERGER LTD.   2003-08-29 2015-07-31
1. SCHLUMBERGER LTD.   2003-08-29 2015-08-03
4. SCHLUMBERGER LTD.   2003-08-29 2015-08-04
4. SCHLUMBERGER LTD.   2003-08-29 2015-08-05
12. SCHLUMBERGER LTD.   2003-08-29 2015-08-06
1. SCHLUMBERGER LTD.   2003-08-29 2015-08-07
14. SCHLUMBERGER LTD.   2003-08-29 2015-08-10
25. EXPRESS SCRIPTS HLDG CO   2014-04-15 2015-08-24
4. AMAZON.COM INC   2015-04-17 2015-08-25
108. GILEAD SCIENCES INC.   2014-04-08 2015-08-25
227. WHOLE FOODS MARKET INC   2013-05-03 2015-08-25
40. WHOLE FOODS MARKET INC   2014-10-31 2015-08-25
13. GILEAD SCIENCES INC.   2014-04-15 2015-08-27
25. WHOLE FOODS MARKET INC   2014-07-10 2015-08-27
6. GILEAD SCIENCES INC.   2014-04-15 2015-08-28
6. GILEAD SCIENCES INC.   2014-04-15 2015-08-31
23. WHOLE FOODS MARKET INC   2014-07-10 2015-08-31
16. GILEAD SCIENCES INC.   2014-04-15 2015-09-01
27. WHOLE FOODS MARKET INC   2014-07-10 2015-09-01
26. GILEAD SCIENCES INC.   2014-04-15 2015-09-02
28. WHOLE FOODS MARKET INC   2014-07-10 2015-09-02
25. GILEAD SCIENCES INC.   2014-04-15 2015-09-03
16. WHOLE FOODS MARKET INC   2014-07-10 2015-09-03
31. WHOLE FOODS MARKET INC   2014-07-10 2015-09-08
16. WHOLE FOODS MARKET INC   2014-07-10 2015-09-09
25. WHOLE FOODS MARKET INC   2014-07-10 2015-09-09
1. AMAZON.COM INC   2015-04-17 2015-09-23
26. CHARLES SCHWAB CORP.   2014-07-10 2015-09-23
2. AMAZON.COM INC   2015-04-17 2015-09-24
46. CHARLES SCHWAB CORP.   2014-07-10 2015-09-25
9. APPLE COMPUTER INC.   2009-01-12 2015-10-06
2. STERICYCLE INC   2014-11-03 2015-10-06
10. DANAHER CORP   2008-06-27 2015-10-07
6. STERICYCLE INC   2014-11-04 2015-10-07
7. DANAHER CORP   2008-06-27 2015-10-08
2. STERICYCLE INC   2014-10-07 2015-10-08
5. STERICYCLE INC   2014-10-31 2015-10-08
. PROCEEDS FROM SECURITIES LITIGATION     2015-10-09
. PROCEEDS FROM SECURITIES LITIGATION     2015-10-09
6818.182 BROWN ADVISORY EMG MKTS-INS   2014-04-16 2015-10-13
23. STARBUCKS CORP.   2014-07-10 2015-10-13
18. STARBUCKS CORP.   2014-07-10 2015-10-14
4. AMAZON.COM INC   2015-02-04 2015-10-27
10. FASTENAL CO   2014-04-22 2015-10-28
10. FASTENAL CO   2014-04-23 2015-10-29
5. FASTENAL CO   2014-04-23 2015-10-29
4. AMAZON.COM INC   2015-02-04 2015-10-30
13. FASTENAL CO   2014-04-19 2015-10-30
9. FASTENAL CO   2014-04-08 2015-10-30
37. STARBUCKS CORP.   2014-07-10 2015-10-30
8. FASTENAL CO   2014-04-15 2015-11-02
13. FASTENAL CO   2014-04-15 2015-11-02
35. CHARLES SCHWAB CORP.   2014-07-10 2015-11-03
24. CHARLES SCHWAB CORP.   2014-07-10 2015-11-04
85. CHARLES SCHWAB CORP.   2014-07-10 2015-11-05
25. CHARLES SCHWAB CORP.   2014-07-10 2015-11-05
20. AKAMAI TECHNOLOGIES COM   2015-09-18 2015-11-10
5. ALEXION PHARMACEUTICALS INC   2015-08-24 2015-11-10
2. ALPHABET INC CL C   2008-12-03 2015-11-10
1. ALPHABET INC CL A   2008-12-03 2015-11-10
4. AMAZON.COM INC   2015-02-04 2015-11-10
27. AMPHENOL CORP - CL A   2005-01-20 2015-11-10
10. ANSYS INC   2014-07-23 2015-11-10
14. APPLE COMPUTER INC.   2009-01-12 2015-11-10
24. BRISTOL MYERS SQUIBB CO.   2015-03-20 2015-11-10
694.101 BROWN ADVISORY-S/C FND VAL-I   2014-12-23 2015-11-10
1460.143 BROWN ADVISORY-S/C FND VAL-I   2004-08-10 2015-11-10
1749.446 BROWN ADVISORY VALUE EQUITY INV   2004-09-20 2015-11-10
1235.629 BROWN ADVISORY VALUE EQUITY INV   2014-12-23 2015-11-10
29. COGNIZANT TECH SOLUTIONS CRP COM   2015-01-26 2015-11-10
24. COLFAX CORP   2015-03-04 2015-11-10
11. COSTCO WHOLESALE CORPORATION   2015-06-19 2015-11-10
19. DANAHER CORP   2008-06-27 2015-11-10
17. DAVITA INC   2007-11-30 2015-11-10
13. ECOLAB INC COM   2014-07-10 2015-11-10
24. EXPRESS SCRIPTS HLDG CO   2014-07-10 2015-11-10
32. FMC TECHNOLOGIES INC   2015-07-21 2015-11-10
21. FACEBOOK INC   2015-03-24 2015-11-10
28. FASTENAL CO   2014-04-15 2015-11-10
8. FLEETCOR TECHNOLOGIES INC   2015-08-18 2015-11-10
4. INTUITIVE SURGICAL INC   2014-07-10 2015-11-10
20. ESTEE LAUDER COMPANIES CL A   2015-09-04 2015-11-10
19. MEAD JOHNSON NUTRITION CO-A   2014-07-10 2015-11-10
23. NATL INSTRUMENT CORP   2014-07-10 2015-11-10
8. NETSUITE INC   2015-01-29 2015-11-10
22. SALESFORCE COM INC   2014-07-10 2015-11-10
53. CHARLES SCHWAB CORP.   2014-07-10 2015-11-10
37. STARBUCKS CORP.   2014-07-10 2015-11-10
13. STERICYCLE INC   2014-10-02 2015-11-10
19. TRIPADVISOR INC-W/I   2015-06-17 2015-11-10
8. UNDER ARMOUR INC   2015-08-28 2015-11-10
32. VISA INC   2014-07-10 2015-11-10
41. GENPACT LTD USD 0.001   2014-07-10 2015-11-10
17. NXP SEMICONDUCTORS N V   2015-04-23 2015-11-10
3. COLFAX CORP   2014-11-24 2015-11-12
3. COLFAX CORP   2014-10-25 2015-11-13
2. COLFAX CORP   2014-11-25 2015-11-13
14. COLFAX CORP   2015-02-03 2015-11-16
20070.442 BROWN ADV TAX EXEMPT BOND-IV   2012-12-12 2015-11-18
11. COLFAX CORP   2015-03-04 2015-11-18
12. COLFAX CORP   2015-05-20 2015-11-19
44. COLFAX CORP   2015-05-27 2015-11-20
2. COLFAX CORP   2015-01-05 2015-11-23
11. COLFAX CORP   2015-03-10 2015-11-24
3. COLFAX CORP   2014-12-18 2015-11-25
15. COLFAX CORP   2015-01-06 2015-11-30
9. COLFAX CORP   2015-01-06 2015-12-01
9. COLFAX CORP   2015-01-06 2015-12-02
17. COLFAX CORP   2014-12-16 2015-12-03
3. COLFAX CORP   2014-12-16 2015-12-04
8. COLFAX CORP   2014-12-16 2015-12-14
4. AMAZON.COM INC   2015-01-27 2015-12-15
4. COLFAX CORP   2014-12-16 2015-12-15
12. COLFAX CORP   2014-12-15 2015-12-16
13. COLFAX CORP   2015-03-13 2015-12-16
3. COLFAX CORP   2015-03-25 2015-12-17
18. DAVITA INC   2007-11-30 2015-12-17
16. EXPRESS SCRIPTS HLDG CO   2014-07-10 2015-12-17
6. FMC TECHNOLOGIES INC   2015-07-17 2015-12-17
1. INTUITIVE SURGICAL INC   2008-04-23 2015-12-17
3. COLFAX CORP   2015-03-25 2015-12-18
4. COLFAX CORP   2015-03-25 2015-12-18
13. FMC TECHNOLOGIES INC   2015-07-20 2015-12-18
17. COLFAX CORP   2015-03-25 2015-12-21
20. FMC TECHNOLOGIES INC   2015-07-20 2015-12-21
2. INTUITIVE SURGICAL INC   2008-04-23 2015-12-21
20. APPLE COMPUTER INC.   2009-01-12 2015-12-22
20. COLFAX CORP   2015-01-09 2015-12-22
13. FMC TECHNOLOGIES INC   2015-07-22 2015-12-22
2. INTUITIVE SURGICAL INC   2008-04-23 2015-12-22
8. COLFAX CORP   2015-03-26 2015-12-23
10. COLFAX CORP   2014-12-12 2015-12-23
4. COLFAX CORP   2015-03-17 2015-12-23
29. FMC TECHNOLOGIES INC   2015-07-22 2015-12-23
6. COLFAX CORP   2015-03-18 2015-12-29
7. FMC TECHNOLOGIES INC   2015-07-22 2015-12-29
3. COLFAX CORP   2014-12-17 2015-12-30
27. COLFAX CORP   2015-04-08 2015-12-30
11. FMC TECHNOLOGIES INC   2015-07-22 2015-12-30
5. COLFAX CORP   2014-12-17 2015-12-31
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 441   423 18
b 2,073   1,142 931
c 2,296   1,265 1,031
d 837   319 518
e 322   315 7
1,615   898 717
944   359 585
211   208 3
1,184   653 531
740   279 461
523   519 4
3,564   3,120 444
1,642   898 744
741   279 462
930   934 -4
319   120 199
309   311 -2
212   80 132
742   279 463
1,526   2,058 -532
522   740 -218
812   1,638 -826
741   279 462
237   317 -80
287   401 -114
300   614 -314
6,478   8,678 -2,200
1,142   1,575 -433
1,701   3,361 -1,660
226   314 -88
490   519 -29
1,228   2,063 -835
541   745 -204
397   415 -18
1,800   2,779 -979
692   931 -239
904   934 -30
1,506   835 671
320   490 -170
432   580 -148
1,695   2,274 -579
408   540 -132
791   830 -39
3,043   1,638 1,405
323   490 -167
3,245   4,308 -1,063
401   339 62
323   490 -167
2,112   228 1,884
201   169 32
504   817 -313
503   423 80
2,613   4,741 -2,128
2,904   3,777 -873
1,576   2,779 -1,203
884   754 130
1,355   2,289 -934
1,918   718 1,200
2,451   1,408 1,043
1,051   1,447 -396
525   817 -292
1,387   518 869
3,118   2,765 353
       
946   927 19
746   279 467
1,295   1,236 59
638   239 399
693   185 508
154   225 -71
318   120 198
1,282   309 973
674   380 294
531   199 332
812   196 616
1,815   986 829
641   239 402
428   159 269
214   80 134
1,414   759 655
1,501   1,448 53
2,245   837 1,408
707   379 328
709   379 330
574   304 270
2,904   1,556 1,348
1,988   1,062 926
3,980   2,125 1,855
390   388 2
218   213 5
818   798 20
54   53 1
649   638 11
1,694   1,515 179
164   156 8
1,036   988 48
543   511 32
163   146 17
404   357 47
302   267 35
299   267 32
237   180 57
406   357 49
405   426 -21
405   426 -21
1,540   470 1,070
166   126 40
511   446 65
102   81 21
2,221   668 1,553
308   235 73
166   126 40
3,463   880 2,583
2,850   740 2,110
117   90 27
2,115   1,743 372
45   36 9
158   126 32
69   54 15
68   54 14
67   54 13
202   162 40
1,437   1,268 169
157   126 31
67   54 13
651   250 401
1,513   1,307 206
1,128   866 262
1,063   407 656
1,597   1,380 217
910   670 240
41   11 30
494   188 306
1,447   1,013 434
137   108 29
246   94 152
81   31 50
1,388   532 856
116   90 26
1,007   767 240
698   594 104
421   324 97
477   405 72
560   432 128
603   513 90
574   486 88
1,009   767 242
190   186 4
279   280 -1
1,160   114 1,046
1,750   1,064 686
973   756 217
280   216 64
1,208   1,455 -247
1,222   1,455 -233
858   1,019 -161
834   648 186
658   776 -118
369   437 -68
1,283   1,504 -221
410   485 -75
410   485 -75
1,467   1,151 316
418   329 89
807   671 136
372   437 -65
807   671 136
583   679 -96
1,597   470 1,127
1,511   446 1,065
1,095   322 773
3,323   965 2,358
170     170
3,196   2,568 628
2,135   644 1,491
1,089   322 767
8,298   2,475 5,823
82   25 57
329   99 230
331   99 232
999   297 702
83   25 58
1,178   347 831
2,059   1,746 313
1,928   1,525 403
11,268   7,352 3,916
7,290   8,276 -986
1,329   1,566 -237
1,401   865 536
829   944 -115
644   399 245
634   399 235
754   869 -115
1,647   1,064 583
871   1,020 -149
2,664   1,730 934
902   1,058 -156
2,579   1,663 916
519   604 -85
1,007   1,171 -164
523   604 -81
808   944 -136
538   381 157
741   702 39
1,067   748 319
1,310   1,241 69
1,003   114 889
287   253 34
881   379 502
866   756 110
619   265 354
290   233 57
724   628 96
93     93
13     13
60,000   66,642 -6,642
1,387   909 478
1,066   711 355
2,446   1,465 981
390   531 -141
390   531 -141
195   266 -71
2,513   1,465 1,048
510   688 -178
353   459 -106
2,320   1,462 858
314   397 -83
510   646 -136
1,106   945 161
758   648 110
2,687   2,294 393
791   675 116
1,236   1,236  
863   848 15
1,456   273 1,183
758   138 620
2,634   1,302 1,332
1,471   251 1,220
920   763 157
1,637   177 1,460
1,563   1,638 -75
16,110   16,353 -243
33,890   19,287 14,603
29,303   23,729 5,574
20,697   21,759 -1,062
1,976   1,629 347
700   700  
1,717   1,548 169
1,807   720 1,087
1,294   532 762
1,515   1,408 107
2,124   1,631 493
1,102   1,168 -66
2,261   1,795 466
1,132   1,390 -258
1,233   1,260 -27
2,007   1,520 487
1,709   1,577 132
1,567   1,772 -205
689   741 -52
679   679  
1,720   1,206 514
1,764   1,194 570
2,299   1,462 837
1,620   1,294 326
1,486   1,525 -39
764   769 -5
2,538   1,728 810
1,036   740 296
1,372   1,372  
81   81  
79   170 -91
53   107 -54
372   746 -374
200,102   200,716 -614
289   575 -286
317   623 -306
1,189   2,244 -1,055
54   100 -46
298   543 -245
82   147 -65
407   729 -322
244   436 -192
245   435 -190
457   821 -364
83   145 -62
189   386 -197
2,657   1,235 1,422
94   193 -99
283   577 -294
307   623 -316
71   143 -72
1,228   563 665
1,392   1,083 309
176   219 -43
543   284 259
66   143 -77
89   191 -102
372   474 -102
377   811 -434
572   728 -156
1,073   567 506
2,144   254 1,890
451   954 -503
377   435 -58
1,082   567 515
188   380 -192
236   473 -237
96   191 -95
855   970 -115
139   282 -143
205   234 -29
70   140 -70
634   1,264 -630
321   368 -47
118   233 -115
      114,762
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       18
b       931
c       1,031
d       518
e       7
      717
      585
      3
      531
      461
      4
      444
      744
      462
      -4
      199
      -2
      132
      463
      -532
      -218
      -826
      462
      -80
      -114
      -314
      -2,200
      -433
      -1,660
      -88
      -29
      -835
      -204
      -18
      -979
      -239
      -30
      671
      -170
      -148
      -579
      -132
      -39
      1,405
      -167
      -1,063
      62
      -167
      1,884
      32
      -313
      80
      -2,128
      -873
      -1,203
      130
      -934
      1,200
      1,043
      -396
      -292
      869
      353
       
      19
      467
      59
      399
      508
      -71
      198
      973
      294
      332
      616
      829
      402
      269
      134
      655
      53
      1,408
      328
      330
      270
      1,348
      926
      1,855
      2
      5
      20
      1
      11
      179
      8
      48
      32
      17
      47
      35
      32
      57
      49
      -21
      -21
      1,070
      40
      65
      21
      1,553
      73
      40
      2,583
      2,110
      27
      372
      9
      32
      15
      14
      13
      40
      169
      31
      13
      401
      206
      262
      656
      217
      240
      30
      306
      434
      29
      152
      50
      856
      26
      240
      104
      97
      72
      128
      90
      88
      242
      4
      -1
      1,046
      686
      217
      64
      -247
      -233
      -161
      186
      -118
      -68
      -221
      -75
      -75
      316
      89
      136
      -65
      136
      -96
      1,127
      1,065
      773
      2,358
      170
      628
      1,491
      767
      5,823
      57
      230
      232
      702
      58
      831
      313
      403
      3,916
      -986
      -237
      536
      -115
      245
      235
      -115
      583
      -149
      934
      -156
      916
      -85
      -164
      -81
      -136
      157
      39
      319
      69
      889
      34
      502
      110
      354
      57
      96
      93
      13
      -6,642
      478
      355
      981
      -141
      -141
      -71
      1,048
      -178
      -106
      858
      -83
      -136
      161
      110
      393
      116
       
      15
      1,183
      620
      1,332
      1,220
      157
      1,460
      -75
      -243
      14,603
      5,574
      -1,062
      347
       
      169
      1,087
      762
      107
      493
      -66
      466
      -258
      -27
      487
      132
      -205
      -52
       
      514
      570
      837
      326
      -39
      -5
      810
      296
       
       
      -91
      -54
      -374
      -614
      -286
      -306
      -1,055
      -46
      -245
      -65
      -322
      -192
      -190
      -364
      -62
      -197
      1,422
      -99
      -294
      -316
      -72
      665
      309
      -43
      259
      -77
      -102
      -102
      -434
      -156
      506
      1,890
      -503
      -58
      515
      -192
      -237
      -95
      -115
      -143
      -29
      -70
      -630
      -47
      -115
       
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 2 191,244
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))
2014 31,813 3,234,563 0.009835
2013 33,591 525,730 0.063894
2012 32,258 503,152 0.064112
2011 31,476 518,376 0.06072
2010 31,402 499,198 0.062905
2
Total of line 1, column (d) .....................
20.261466
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
0.052293
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
4,170,636
5
Multiply line 4 by line 3......................
5
218,095
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,226
7
Add lines 5 and 6........................
7
220,321
8
Enter qualifying distributions from Part XII, line 4.............
8
110,813
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 (2015)
Form 990-PF (2015)
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 Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 4,452
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 4,452
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 4,452
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 7,318
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 7,318
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 2,866
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet2,866 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMD
    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 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 ofbulletBROWN ADVISORY Telephone no.bullet (410) 537-5465

    Located atbullet901 SOUTH BOND STREETBALTIMOREMD ZIP+4bullet21231
    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 2015, 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  
    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 2015?.............
    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 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2015 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 2015.)..................
    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 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    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 (2015)
    Form 990-PF (2015)
    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
    EBEN D FINNEY III DIRECTOR TREASURER
    0     		0    
    901 SOUTH BOND STREET
    BALTIMORE,MD21231
    F WILLIAM BURKE EXEC DIRECTOR
    10     		7,000    
    4910 MASSACHUSETTS AVENUE SUITE 15
    WASHINGTON,DC20016
    MRS BURTON CRAIGE GRAY DIRECTOR
    0     		0    
    710 BULLS NECK ROAD
    CHARLOTTESVILLE,VA22908
    MR E COBY WALTON JR DIRECTOR
    0     		0    
    155 NORTH POINT AVENUE PO BOX 5844
    HIGH POINT,NC27262
    LEE B MIDDLEDITCH JR ESQ DIRECTOR
    0     		0    
    COURT SQUARE BUILDING PO BOX 1288
    CHARLOTTESVILLE,VA22902
    RALPH A WELLS III DIRECTOR
    0     		0    
    10320 CROWN POINT ROAD
    POTOMAC,MD20854
    JOHN F EISOLD VICE PRES.
    0     		0    
    7 OLD CREEK COURT
    ROCKVILLE,MD20854
    ERIK HEWLETT TRUSTEE
    0     		0    
    PO BOX 800419
    CHARLOTTESVILLE,VA20016
    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  
    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  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    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
    4,123,593
    b
    Average of monthly cash balances.......................
    1b
    110,555
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,234,148
    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
    4,234,148
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    63,512
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,170,636
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    208,532
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    208,532
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    4,452
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,452
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    204,080
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    204,080
    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
    204,080
    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
    110,813
    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
    110,813
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    110,813
    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 (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 204,080
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 90,187
    b Total for prior years:2013, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 0
    b From 2011...... 0
    c From 2012...... 0
    d From 2013...... 0
    e From 2014...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 110,813
    a Applied to 2014, but not more than line 2a 90,187
    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 2015 distributable amount..... 20,626
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2015. 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 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		183,454
    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 2010 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2011.... 0
    b Excess from 2012.... 0
    c Excess from 2013.... 0
    d Excess from 2014.... 0
    e Excess from 2015.... 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    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 2015, 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) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    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
    MARYMOUNT UNIVERSITY
    2807 GLEBE ROAD
    ARLINGTON,VA22207     		NONE PUBLIC CHARITY GENERAL 20,000
    RANDOLPH MACON COLLEGE
    PO BOX 5005
    ASHLAND,VA230055505     		NONE PUBLIC CHARITY GENERAL 5,000
    THE NATIONAL PSORIASIS FOUNDATION
    6600 SW 92ND AVE SUITE 300
    PORTLAND,OR972237195     		NONE PUBLIC CHARITY GENERAL 10,000
    UNIV OF VA SCHOOL OF MEDICINE
    PO BOX 800773
    CHARLOTTESVILLE,VA22908     		NONE PUBLIC CHARITY GENERAL 10,000
    WASHINGTON AND LEE UNIVERSITY
    204 W WASHINGTON STREET
    LEXINGTON,VA24450     		NONE PUBLIC CHARITY GENERAL 10,000
    UNITED SERVICE ORGANIZATION
    PO BOX 96860
    WASHINGTON,DC200777677     		NONE PUBLIC CHARITY GENERAL 10,000
    ROLAND PARK COUNTRY SCHOOL
    5204 ROLAND AVE
    BALTIMORE,MD21210     		NONE PUBLIC CHARITY GENERAL 5,000
    THE FEDERALIST SOCIETY
    1776 I STREET
    WASHINGTON,DC20006     		NONE PUBLIC CHARITY GENERAL 5,000
    GEORGE MASON UNIV SCHOOL OF LAW
    3301 FAIRFAX DR
    ARLINGTON,VA22201     		NONE PUBLIC CHARITY GENERAL 5,000
    UNIVERSITY OF VA LAW SCHOOL
    580 MASSIE ROAD
    CHARLOTTESVILLE,VA22908     		NONE PUBLIC CHARITY GENERAL 10,000
    UNIV OF N TEXAS HEALTH SCIENCE CTR
    3500 CAMP BOWIE BOULEVARD
    FORT WORTH,TX76107     		NONE PUBLIC CHARITY GENERAL 10,000
    MEDSTAR UNION MEMORIAL HOSPITAL
    201 E UNIVERSITY PARKWAY
    BALTIMORE,MD21218     		NONE PUBLIC CHARITY GENERAL 5,000
    Total .................................bullet 3a 105,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		         
    4 Dividends and interest from securities....     14 62,640  
    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 ............     		    18 191,244  
    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)..   253,884  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13253,884
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    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 organizations?
    Yes
    No
    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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    THE VIRGINIA M KINCAID FOUNDATION
    EIN:
    52-1770001
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FIXED INCOME MUTUAL FUNDS 899,110 897,959

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    THE VIRGINIA M KINCAID FOUNDATION
    EIN:
    52-1770001
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COMMON STOCKS 544,528 845,310
    EQUITY MUTUAL FUNDS 1,775,867 2,027,989
    FOREIGN STOCKS 83,347 142,191

    TY 2015 OtherDecreasesSchedule
    Name:
    THE VIRGINIA M KINCAID FOUNDATION
    EIN:
    52-1770001
    Description Amount
    OTHER BOOK VALUE ADJUSTMENT 439


    TY 2015 OtherExpensesSchedule
    Name:
    THE VIRGINIA M KINCAID FOUNDATION
    EIN:
    52-1770001
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS EXPENSES 5,813 0   5,813


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    THE VIRGINIA M KINCAID FOUNDATION
    EIN:
    52-1770001
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES-PRIN 20,286 20,286    


    TY 2015 TaxesSchedule
    Name:
    THE VIRGINIA M KINCAID FOUNDATION
    EIN:
    52-1770001
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 10 10   0
    FEDERAL EXCISE TAX 10,033 0   0
    FOREIGN TAXES ON QUALIFIED FOR 485 485   0
    FOREIGN TAXES ON NONQUALIFIED 109 109   0