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 GOODNIGHT EDUCATIONAL
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)100 SAS CAMPUS DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CARY, NC27513
A Employer identification number

56-6533546
B Telephone number (see instructions)

(919) 677-8000
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$140,706,897J 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) 25,000,000
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 181,520 181,520  
4 Dividends and interest from securities... 2,581,770 2,581,770  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,256,683
b Gross sales price for all assets on line 6a 12,018,920
7 Capital gain net income (from Part IV, line 2)... 1,256,683
8 Net short-term capital gain.........  
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 51,110 51,110  
12 Total. Add lines 1 through 11........ 29,071,083 4,071,083  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 5,100 5,100    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 15,551 15,551    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 20,651 20,651   0
25 Contributions, gifts, grants paid....... 6,068,220 6,068,220
26 Total expenses and disbursements. Add lines 24 and 25 6,088,871 20,651   6,068,220
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 22,982,212
b Net investment income (if negative, enter -0-) 4,050,432
c Adjusted net income (if negative, enter -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......... 46,739,355 61,681,829 61,681,829
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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 bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 3,052 2,164 341
b Investments—corporate stock (attach schedule)....... 62,563,787 Click to see attachment70,653,004 72,560,385
c Investments—corporate bonds (attach schedule)....... 6,077,125 Click to see attachment6,077,125 6,464,342
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 115,383,319 138,414,122 140,706,897
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) Click to see attachment74,122 Click to see attachment122,713
23 Total liabilities (add lines 17 through 22)......... 74,122 122,713
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........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 115,309,197 138,291,409
30 Total net assets or fund balances (see instructions)..... 115,309,197 138,291,409
31 Total liabilities and net assets/fund balances (see instructions). 115,383,319 138,414,122
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
115,309,197
2
Enter amount from Part I, line 27a .....................
2
22,982,212
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
138,291,409
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
138,291,409
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 ABBVIE INC COM USD0.01 P 2013-10-21 2015-05-15
b BOEING CO P 2014-06-19 2015-02-10
c CATERPILLAR INC P 2013-03-21 2015-05-01
d CORNING INC P 2013-07-10 2015-08-12
e EMERSON ELECTRIC CO P 2014-01-30 2015-04-17
FEDL HOME LN MTG CRPPOOL E85070 6.0 P 2001-07-05 2015-10-15
FREEPORT MCMORAN INC P 2013-05-10 2015-12-02
HCA HLDGS INC COM USD0.01 P 2015-05-11 2015-07-17
KRAFT FOODS GROUP INC COM NPV EXCH P 2015-02-20 2015-07-06
T MOBILE US INC COM ISIN US87259010 P 2014-06-19 2015-05-15
UNIVERSAL DISPLAY CORP P 2014-01-15 2015-05-15
CALL (DUK) DUKE ENERGY CORP NEWMAR 2 P 2015-02-17 2015-03-20
CALL (MRK) MERCK & CO INC NEW APR 17 P 2015-02-20 2015-04-17
CALL (DLR) DIGITAL RLTY TR INC JUL 1 P 2015-03-03 2015-07-17
CALL (T) AT&T INC JUN 19 15 37 (100 P 2015-05-04 2015-06-19
CALL (VZ) VERIZON AUG 21 15 49 (100 P 2015-06-08 2015-08-21
CALL (T) AT&T INC COM DEC 18 15 35 P 2015-08-28 2015-12-18
ABBVIE INC COM USD0.01 P 2014-01-07 2015-05-15
BOEING CO P 2014-02-06 2015-02-10
CATERPILLAR INC P 2013-04-30 2015-05-01
CORNING INC P 2013-08-14 2015-08-12
EMERSON ELECTRIC CO P 2014-01-30 2015-04-17
FEDL HOME LN MTG CRPPOOL E85070 6.0 P 2001-07-05 2015-03-15
FREEPORT MCMORAN INC P 2013-05-10 2015-12-02
ISHARES EUROPE ETF P 2013-12-06 2015-08-24
KRAFT FOODS GROUP INC COM NPV EXCH P 2014-02-03 2015-07-06
TARGET CORP COM ISIN US87612E1064 S P 2012-12-28 2015-06-19
VERIZON COMMUNICATIONS P 2013-01-10 2015-02-20
CALL (AAPL) APPLE INC APR 17 15 135 P 2015-02-17 2015-04-17
CALL (COP) CONOCOPHILLIPS MAR 20 15 P 2015-02-26 2015-03-20
CALL (CTL) CENTURYLINK INC APR 17 15 P 2015-03-09 2015-04-17
CALL (WDAY) WORKDAY INC CL A MAY 29 P 2015-05-04 2015-05-29
CALL (VZ) VERIZON JUL 24 15 47.5 (1 P 2015-06-08 2015-07-24
CALL (BMY) BRISTOL MYERS SQUIBBOCT 1 P 2015-09-08 2015-10-15
AT&T INC COM ISIN US00206R1023 SEDO P 2013-04-29 2015-02-20
BOEING CO P 2014-02-06 2015-02-10
CATERPILLAR INC P 2013-04-30 2015-05-01
DEERE & COMPANY P 2013-01-24 2015-08-12
EMERSON ELECTRIC CO P 2014-01-30 2015-11-20
FEDL HOME LN MTG CRPPOOL E85070 6.0 P 2001-07-05 2015-09-15
GENERAL MTRS CO COM ISIN US37045V10 P 2015-04-07 2015-06-19
ISHARES EUROPE ETF P 2014-01-24 2015-08-24
LORILLARD INC COM EXCHANGED FOR 0. P 2014-03-12 2015-05-27
TARGET CORP COM ISIN US87612E1064 S P 2013-05-10 2015-06-19
VERIZON COMMUNICATIONS P 2013-09-13 2015-02-20
CALL (DD) DU PONT E I DE MAR 20 15 P 2015-02-17 2015-03-20
CALL (GLW) CORNING INC APR 17 15 25 P 2015-02-27 2015-04-17
CALL (CTL) CENTURYLINK INC APR 17 15 P 2015-03-09 2015-04-17
CALL (WDAY) WORKDAY INC CL A MAY 29 P 2015-05-04 2015-05-29
CALL (GILD) GILEAD SCIENCES INC JUL P 2015-06-11 2015-07-31
CALL (EMR) EMERSON ELECTRIC CO OCT 1 P 2015-09-08 2015-10-16
AT&T INC COM ISIN US00206R1023 SEDO P 2013-04-29 2015-06-26
BOEING CO P 2014-02-06 2015-02-10
CHEMOURS CO COM P 2013-12-06 2015-08-21
DEERE & COMPANY P 2013-01-24 2015-08-12
EMERSON ELECTRIC CO P 2014-01-30 2015-11-20
FEDL HOME LN MTG CRPPOOL E85070 6.0 P 2001-07-05 2015-07-15
GILEAD SCIENCES INC P 2014-01-22 2015-06-26
ISHARES EUROPE ETF P 2014-01-30 2015-08-24
LORILLARD INC COM EXCHANGED FOR 0. P 2014-03-12 2015-06-12
TARGET CORP COM ISIN US87612E1064 S P 2013-05-10 2015-06-19
CALL (T) AT&T INC JAN 17 15 37 (100 P 2013-10-21 2015-01-16
CALL (MCD) MCDONALDS CORP APR 17 15 P 2015-02-17 2015-04-17
CALL (ABBV) ABBVIE INC COM MAR 20 15 P 2015-02-27 2015-03-20
CALL (COP) CONOCOPHILLIPS MAY 15 15 P 2015-03-30 2015-05-15
CALL (F) FORD MTR CO DEL JUN 19 15 P 2015-05-04 2015-06-19
CALL (GM) GENERAL MTRS CO COM JUL 17 P 2015-06-11 2015-07-17
CALL (EMR) EMERSON ELECTRIC CO DEC 1 P 2015-10-15 2015-11-02
AT&T INC COM ISIN US00206R1023 SEDO P 2013-05-07 2015-11-20
BOEING CO P 2014-02-06 2015-02-10
CHEMOURS CO COM P 2013-06-20 2015-08-21
DEERE & COMPANY P 2013-01-24 2015-08-12
EMERSON ELECTRIC CO P 2015-03-09 2015-11-20
FREEPORT MCMORAN INC P 2013-08-29 2015-10-12
GILEAD SCIENCES INC P 2014-01-22 2015-11-20
ISHARES EUROPE ETF P 2014-01-09 2015-08-24
MCDONALDS CORP P 2013-05-10 2015-12-04
UNITED PARCEL SVC INC CL B P 2013-03-21 2015-01-06
CALL (VZ) VERIZON JAN 17 15 50 (100 P 2014-08-08 2015-01-16
CALL (GILD) GILEAD SCIENCES APR 17 1 P 2015-02-17 2015-04-17
CALL (CVX) CHEVRON CORP NEW MAR 27 1 P 2015-02-27 2015-03-27
CALL (T) AT&T INC COM MAY 15 15 35 P 2015-03-30 2015-05-15
CALL (WDAY) WORKDAY INC CL A MAY 29 P 2015-05-06 2015-05-29
CALL (GILD) GILEAD SCIENCES AUG 21 1 P 2015-06-11 2015-08-21
CALL (EMR) EMERSON ELECTRIC CO DEC 1 P 2015-10-15 2015-11-04
AT&T INC COM ISIN US00206R1023 SEDO P 2013-05-07 2015-11-20
BOEING CO P 2014-06-26 2015-08-12
CHEMOURS CO COM P 2013-09-26 2015-08-21
DEERE & COMPANY P 2013-07-10 2015-08-12
ENDO INTL PLC SHS ISIN IE00BJ3V9050 P 2014-02-10 2015-08-12
FREEPORT MCMORAN INC P 2013-08-29 2015-12-02
GILEAD SCIENCES INC P 2014-01-30 2015-11-20
ISHARES EUROPE ETF P 2014-01-09 2015-08-24
MCDONALDS CORP P 2013-05-08 2015-12-04
UNITED PARCEL SVC INC CL B P 2013-06-21 2015-01-06
CALL (COL) ROCKWELL COLLINS INCJAN 1 P 2014-11-11 2015-01-16
CALL (MCD) MCDONALDS CORP APR 17 15 P 2015-02-17 2015-04-17
CALL (SLV) ISHARES SILVER TR MAR 20 P 2015-02-27 2015-03-20
CALL (DE) DEERE & COMPANY MAY 15 15 P 2015-03-30 2015-05-15
CALL (XOM) EXXON MOBIL CORP JUL 17 1 P 2015-05-11 2015-07-17
CALL (ABBV) ABBVIE INC COM AUG 21 15 P 2015-06-22 2015-08-21
CALL (BMY) BRISTOL MYERS SQUIBBNOV 2 P 2015-10-15 2015-11-16
AT&T INC COM ISIN US00206R1023 SEDO P 2013-04-29 2015-02-20
BOEING CO P 2014-06-19 2015-02-20
CHEMOURS CO COM P 2013-09-26 2015-08-21
DISH NETWORK CORP CL A P 2014-06-19 2015-08-12
ENDO INTL PLC SHS ISIN IE00BJ3V9050 P 2014-02-10 2015-03-20
FREEPORT MCMORAN INC P 2013-05-10 2015-10-12
GILEAD SCIENCES INC P 2014-01-22 2015-06-11
ISHARES SILVER TR ISHARES P 2015-02-19 2015-03-20
PIMCO CONVERTIBLE FUND CL D P   2015-05-01
UNITED PARCEL SVC INC CL B P 2013-06-21 2015-05-13
CALL (CVX) CHEVRON CORP NEW JAN 17 1 P 2014-11-11 2015-01-16
CALL (MCD) MCDONALDS CORP APR 17 15 P 2015-02-17 2015-04-17
CALL (F) FORD MTR CO DEL MAY 15 15 P 2015-02-27 2015-05-15
CALL (DE) DEERE & COMPANY APR 17 15 P 2015-03-30 2015-04-17
CALL (GIS) GENERAL MILLS INC JUN 19 P 2015-05-11 2015-06-19
CALL (HTZ) HERTZ GLOBAL HLDGS AUG 21 P 2015-06-22 2015-08-21
CALL (GILD) GILEAD SCIENCES INC DEC P 2015-10-21 2015-12-18
AT&T INC COM ISIN US00206R1023 SEDO P 2013-05-07 2015-11-20
BRISTOL MYERS SQUIBB P 2013-05-08 2015-08-12
CHEMOURS CO COM P 2013-04-30 2015-08-21
DUKE ENERGY CORP NEWCOM NEW ISIN US P 2012-07-06 2015-03-20
FEDL HOME LN MTG CRPPOOL E85070 6.0 P 2001-07-05 2015-06-15
FREEPORT MCMORAN INC P 2015-09-21 2015-12-02
GILEAD SCIENCES INC P 2014-01-22 2015-08-12
ISHARES SILVER TR ISHARES P 2015-02-19 2015-03-20
PIMCO CONVERTIBLE FUND CL D P   2015-05-01
UNITED PARCEL SVC INC CL B P 2013-06-21 2015-01-06
CALL (BMY) BRISTOL MYERS SQUIBBJAN 1 P 2014-11-11 2015-01-16
CALL (DISH) DISH NETWORK CORP MAR 20 P 2015-02-17 2015-03-20
CALL (DLR) DIGITAL RLTY TR INC APR 1 P 2015-02-27 2015-04-17
CALL (PG) PROCTER & GAMBLE CO MAY 15 P 2015-04-14 2015-05-15
CALL (DUK) DUKE ENERGY CORP COMJUL 1 P 2015-05-11 2015-07-17
CALL (AAPL) APPLE INC SEP 18 15 130 P 2015-07-09 2015-09-18
CALL (COL) ROCKWELL COLLINS INCDEC 1 P 2015-10-21 2015-12-18
BANK OF AMERICA CORP P 2013-06-20 2015-11-19
BRISTOL MYERS SQUIBB P 2013-05-08 2015-08-12
CHEMOURS CO COM P 2013-04-30 2015-08-21
DUKE ENERGY CORP NEWCOM NEW ISIN US P 2012-07-09 2015-03-20
FEDL HOME LN MTG CRPPOOL E85070 6.0 P 2001-07-05 2015-08-15
FREEPORT MCMORAN INC P 2013-08-29 2015-10-12
GILEAD SCIENCES INC P 2014-01-22 2015-08-12
ISHARES SILVER TR ISHARES P 2015-02-19 2015-03-20
PIMCO CONVERTIBLE FUND CL D P   2015-05-01
UNITED PARCEL SVC INC CL B P 2014-02-05 2015-05-13
CALL (UPS) UNITED PARCEL SVC APR 17 P 2015-01-23 2015-04-17
CALL (AAPL) APPLE INC MAR 20 15 130 P 2015-02-17 2015-03-20
CALL (CAT) CATERPILLAR INC AUG 21 15 P 2015-02-27 2015-08-21
CALL (T) AT&T INC JUN 19 15 36 (100 P 2015-05-04 2015-06-19
CALL KRAFT HEINZ CO 100 KHC+ DEC 18 P 2015-05-11 2015-12-18
CALL (ABT) ABBOTT LABORATORIES NOV 2 P 2015-07-13 2015-11-20
CALL (UPS) UNITED PARCEL SVC DEC 18 P 2015-11-02 2015-12-18
BANK OF AMERICA CORP P 2013-06-20 2015-11-20
BRISTOL MYERS SQUIBB P 2013-09-26 2015-12-18
CHEMOURS CO COM P 2013-12-06 2015-08-21
DUKE ENERGY CORP NEWCOM NEW ISIN US P 2012-07-09 2015-03-20
FEDL HOME LN MTG CRPPOOL E85070 6.0 P 2001-07-05 2015-12-15
FREEPORT MCMORAN INC P 2013-08-29 2015-10-12
GILEAD SCIENCES INC P 2014-01-30 2015-11-20
JPMORGAN CHASE & CO DEPOSITARY SHS 5 P 2013-03-28 2015-05-06
PNC FINL SVCS GROUP P 2014-11-19 2015-02-20
UNITEDHEALTH GROUP P 2015-02-20 2015-06-10
CALL (UPS) UNITED PARCEL SVC MAR 20 P 2015-01-23 2015-03-20
CALL (SLV) ISHARES SILVER TR MAR 20 P 2015-02-19 2015-03-20
CALL (AA) ALCOA INC APR 17 15 16 (1 P 2015-02-27 2015-04-17
CALL (SLB) SCHLUMBERGER LIMITEDJUN 1 P 2015-05-04 2015-06-19
CALL (BA) BOEING CO JUN 19 15 150 ( P 2015-05-14 2015-06-19
CALL (ABBV) ABBVIE INC COM SEP 18 15 P 2015-07-21 2015-09-18
CALL (CVX) CHEVRON CORP NEW DEC 18 1 P 2015-11-03 2015-12-18
BANK OF AMERICA CORP P 2013-03-28 2015-07-17
BRISTOL MYERS SQUIBB P 2013-09-26 2015-08-12
CHEMOURS CO COM P 2013-06-20 2015-08-21
DUKE ENERGY CORP NEWCOM NEW ISIN US P 2013-05-08 2015-03-20
FEDL HOME LN MTG CRPPOOL E85070 6.0 P 2001-07-05 2015-11-15
FREEPORT MCMORAN INC P 2013-05-10 2015-12-02
GILEAD SCIENCES INC P 2014-01-22 2015-08-12
KRAFT FOODS GROUP INC COM NPV EXCH P 2013-12-06 2015-07-06
REYNOLDS AMERN INC P 2015-06-12 2015-06-12
UNITEDHEALTH GROUP P 2015-02-20 2015-03-20
CALL (CAT) CATERPILLAR INC APR 17 15 P 2015-01-29 2015-04-17
CALL (COP) CONOCOPHILLIPS MAR 20 15 P 2015-02-20 2015-03-20
CALL (AAPL) APPLE INC MAR 27 15 132 P 2015-02-27 2015-03-27
CALL (WDAY) WORKDAY INC COM JUN 19 1 P 2015-05-04 2015-06-19
CALL (AGN) ALLERGAN PLC JUN 19 15 3 P 2015-05-14 2015-06-19
CALL (BAC) BANK OF AMERICA SEP 18 15 P 2015-07-21 2015-09-18
CALL (COP) CONOCOPHILLIPS NOV 27 15 P 2015-11-03 2015-11-27
BANK OF AMERICA CORP P 2013-03-28 2015-11-06
BRISTOL MYERS SQUIBB P 2014-02-06 2015-12-18
CONOCOPHILLIPS P 2013-10-21 2015-05-15
EMERSON ELECTRIC CO P 2015-09-08 2015-11-20
FEDL HOME LN MTG CRPPOOL E85070 6.0 P 2001-07-05 2015-04-15
FREEPORT MCMORAN INC P 2015-09-21 2015-12-02
GILEAD SCIENCES INC P 2014-01-22 2015-08-12
KRAFT FOODS GROUP INC COM NPV EXCH P 2014-02-05 2015-07-06
REYNOLDS AMERN INC P 2015-06-12 2015-08-25
UNITEDHEALTH GROUP P 2015-02-20 2015-03-20
CALL (MRK) MERCK & CO INC NEW APR 17 P 2015-01-29 2015-04-17
CALL (DUK) DUKE ENERGY CORP NEWMAR 2 P 2015-02-20 2015-03-20
CALL (PFE) PFIZER INC APR 17 15 35 P 2015-03-02 2015-04-17
CALL (CM) CANADIAN IMPERIAL JUN 19 1 P 2015-05-04 2015-06-19
CALL (BMY) BRISTOL MYERS SQUIBBJUN 1 P 2015-05-14 2015-06-19
CALL (T) AT&T INC COM SEP 18 15 33. P 2015-08-28 2015-09-18
CALL (AGN) ALLERGAN PLC. COM DEC 18 P 2015-11-13 2015-12-18
BOEING CO P 2014-06-19 2015-02-10
BRISTOL MYERS SQUIBB P 2014-02-06 2015-12-18
CONOCOPHILLIPS P 2013-06-21 2015-05-15
EMERSON ELECTRIC CO P 2014-01-30 2015-04-17
FEDL HOME LN MTG CRPPOOL E85070 6.0 P 2001-07-05 2015-02-15
FREEPORT MCMORAN INC P 2013-08-29 2015-12-02
HALLIBURTON CO HOLDING CO FRMLY HALL P 2015-02-06 2015-04-17
KRAFT FOODS GROUP INC COM NPV EXCH P 2013-10-08 2015-07-06
SCHLUMBERGER LIMITEDCOM USD0.01 P 2015-03-02 2015-04-17
UNITEDHEALTH GROUP P 2015-02-20 2015-06-19
CALL (EXC) EXELON CORP APR 17 15 40 P 2015-01-29 2015-04-17
CALL (DD) DU PONT E I DE MAR 20 15 P 2015-02-20 2015-03-20
CALL (SLB) SCHLUMBERGER LIMITEDMAR 2 P 2015-03-02 2015-03-27
CALL (AGN) ALLERGAN PLC JUN 19 15 3 P 2015-05-04 2015-06-19
CALL (HTZ) HERTZ GLOBAL HLDGS JUN 19 P 2015-05-14 2015-06-19
CALL (FCX) FREEPORT MCMORAN NOV 20 1 P 2015-08-28 2015-11-20
CALL (BAC) BANK OF AMERICA CORPDEC 3 P 2015-11-13 2015-12-31
BOEING CO P 2014-06-26 2015-02-20
BRISTOL MYERS SQUIBB P 2014-02-06 2015-12-18
CONOCOPHILLIPS P 2013-06-21 2015-04-17
EMERSON ELECTRIC CO P 2013-04-16 2015-04-17
FEDL HOME LN MTG CRPPOOL E85070 6.0 P 2001-07-05 2015-05-15
FREEPORT MCMORAN INC P 2015-08-28 2015-12-02
HALLIBURTON CO HOLDING CO FRMLY HALL P 2015-02-20 2015-04-17
KRAFT FOODS GROUP INC COM NPV EXCH P 2013-10-08 2015-07-06
SCHLUMBERGER LIMITEDCOM USD0.01 P 2015-03-02 2015-04-17
UNITEDHEALTH GROUP P 2015-02-20 2015-03-20
CALL (MRK) MERCK & CO INC NEW JUN 19 P 2015-01-29 2015-06-19
CALL (IVV) ISHARES CORE S&P MAR 20 1 P 2015-02-20 2015-03-20
CALL (SLB) SCHLUMBERGER LIMITEDMAR 2 P 2015-03-02 2015-03-27
CALL (GIS) GENERAL MILLS INC JUN 19 P 2015-05-04 2015-06-19
CALL (XOM) EXXON MOBIL CORP JUN 19 1 P 2015-05-14 2015-06-19
CALL (FCX) FREEPORT MCMORAN SEP 18 1 P 2015-08-28 2015-09-18
BOEING CO P 2014-02-06 2015-02-10
CATERPILLAR INC P 2013-04-30 2015-05-01
CORNING INC P 2013-09-16 2015-08-12
EMERSON ELECTRIC CO P 2013-04-26 2015-04-17
FEDL HOME LN MTG CRPPOOL E85070 6.0 P 2001-07-05 2015-01-15
FREEPORT MCMORAN INC P 2014-03-17 2015-12-02
HCA HLDGS INC COM USD0.01 P 2015-05-11 2015-06-19
KRAFT FOODS GROUP INC COM NPV EXCH P 2014-02-05 2015-07-06
SCHLUMBERGER LIMITEDCOM USD0.01 P 2015-03-02 2015-04-17
UNIVERSAL DISPLAY CORP P 2013-11-11 2015-05-15
CALL (HAL) HALLIBURTON CO MAR 20 15 P 2015-02-06 2015-03-20
CALL (DE) DEERE & COMPANY MAR 20 15 P 2015-02-20 2015-03-20
CALL (PEP) PEPSICO INC APR 17 15 10 P 2015-03-02 2015-04-17
CALL (T) AT&T INC JUN 19 15 37 (100 P 2015-05-04 2015-06-19
CALL (GM) GENERAL MTRS CO COM SEP 18 P 2015-05-14 2015-08-25
CALL (AA) ALCOA INC NOV 20 15 15 (1 P 2015-08-28 2015-11-20
(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 99,059   72,360 26,699
b 178,481   173,050 5,431
c 42,784   43,320 -536
d 4,192   3,466 726
e 5,862   6,650 -788
122   122  
3,422   13,603 -10,181
167,176   155,703 11,473
49,500     49,500
176,458   164,503 11,955
26,192   17,311 8,881
5,936     5,936
1,281     1,281
2,484     2,484
2,476     2,476
2,566     2,566
2,116     2,116
66,039   51,027 15,012
13,635   12,224 1,411
76,583   74,890 1,693
76,082   64,769 11,313
46,896   53,160 -6,264
76   76  
2,349   9,342 -6,993
201,995   227,600 -25,605
82,500     82,500
138,530   99,877 38,653
96,220   86,203 10,017
2,310     2,310
1,660     1,660
3,616     3,616
3,244     3,244
4,366     4,366
2,531   7,094 -4,563
31,013   33,561 -2,548
27,270   24,445 2,825
43,212   42,396 816
9,260   9,322 -62
4,804   6,645 -1,841
66   66  
72,478   71,293 1,185
403,991   463,005 -59,014
107,080   76,623 30,457
326   277 49
48,110   48,072 38
2,256     2,256
1,306     1,306
6,216     6,216
9,638     9,638
3,490     3,490
493     493
106,021   111,870 -5,849
54,540   48,886 5,654
8,007   13,709 -5,702
9,264   9,322 -58
91,279   126,255 -34,976
66   66  
33,622   24,895 8,727
201,995   229,304 -27,309
71,488   51,082 20,406
24,120   20,498 3,622
13,440     13,440
6,926     6,926
1,606     1,606
2,528     2,528
6,277     6,277
3,006     3,006
4,984   3,815 1,169
20,483   20,483  
259,064   232,256 26,808
2,002   2,963 -961
213,045   214,411 -1,366
86,474   102,425 -15,951
13,223   13,223  
53,742   41,075 12,667
185,836   214,498 -28,662
115,988   99,727 16,261
53,723   41,356 12,367
6,116     6,116
3,584     3,584
5,466     5,466
716     716
6,384     6,384
2,740     2,740
4,190   1,907 2,283
44,381   44,381  
350,264   319,891 30,373
1,274   2,127 -853
138,942   124,038 14,904
163,552   153,640 9,912
23,490   91,200 -67,710
10,748   8,216 2,532
16,160   18,654 -2,494
173,982   147,238 26,744
268,617   213,954 54,663
540     540
992     992
2,755     2,755
3,381     3,381
8,908     8,908
1,231     1,231
9,351   12,515 -3,164
37,905   41,022 -3,117
286,334   277,620 8,714
7,825   13,067 -5,242
130,673   119,622 11,051
91,934   76,820 15,114
12,021   12,021  
190,548   141,069 49,479
6,527   6,325 202
230,822   262,437 -31,615
49,504   42,791 6,713
3,566     3,566
1,375     1,375
6,277     6,277
2,356     2,356
5,836     5,836
4,436     4,436
1,487     1,487
3,414   3,414  
6,162   3,996 2,166
910   1,385 -475
15,198   13,380 1,818
57   57  
13,160   17,936 -4,776
34,334   24,895 9,439
73,429   71,100 2,329
30,518   31,229 -711
214,893   171,160 43,733
2,288     2,288
3,430     3,430
728     728
1,706     1,706
6,466     6,466
2,620     2,620
640     640
191,906   152,576 39,330
147,883   95,907 51,976
8,189   12,469 -4,280
151,984   130,225 21,759
66   66  
7,212   7,212  
206,006   147,870 58,136
50,584   48,974 1,610
87,989   90,038 -2,049
148,512   141,288 7,224
1,243     1,243
2,610     2,610
4,328     4,328
3,536     3,536
11,216     11,216
1,144     1,144
728     728
214,672   170,679 43,993
63,849   46,611 17,238
1,092   1,870 -778
75,992   65,109 10,883
59   59  
3,606   3,606  
42,993   32,844 10,149
2,389   2,529 -140
449,453   435,205 14,248
23,846   22,526 1,320
1,484     1,484
2,366     2,366
2,636     2,636
3,092     3,092
1,143     1,143
1,981     1,981
366     366
51,932   36,451 15,481
215,663   163,139 52,524
7,097   10,504 -3,407
516,744   495,045 21,699
58   58  
1,566   6,225 -4,659
22,887   16,596 6,291
82,500     82,500
65   65  
238,440   230,763 7,677
1,006     1,006
3,681     3,681
1,443     1,443
16,772     16,772
1,740     1,740
1,144     1,144
7,966     7,966
268,824   206,554 62,270
6,385   4,879 1,506
66,688   73,122 -6,434
57,650   55,889 1,761
76   76  
41,647   56,753 -15,106
80,114   57,498 22,616
80,850     80,850
24,070   20,924 3,146
80,411   77,827 2,584
740     740
4,366     4,366
1,064     1,064
4,084     4,084
1,664     1,664
1,331     1,331
10,390     10,390
12,408   12,033 375
31,925   24,400 7,525
66,688   59,602 7,086
5,862   6,645 -783
75   75  
16,153   60,061 -43,908
47,000   43,838 3,162
29,700     29,700
26,661   25,338 1,323
35,771   33,789 1,982
1,216     1,216
2,666     2,666
968     968
1,790     1,790
578     578
2,078     2,078
1,466     1,466
136,349   127,956 8,393
57,464   43,912 13,552
103,780   89,403 14,377
58,620   54,252 4,368
92   92  
70,469   96,755 -26,286
94,000   87,262 6,738
3,300     3,300
195,515   185,779 9,736
30,256   29,284 972
1,440     1,440
1,984     1,984
2,944     2,944
3,316     3,316
2,516     2,516
1,958     1,958
54,540   48,892 5,648
8,557   8,367 190
8,919   7,335 1,584
58,620   55,165 3,455
75   75  
39,149   157,355 -118,206
83,584   77,852 5,732
1,650     1,650
88,870   84,760 4,110
26,192   18,592 7,600
643     643
1,718     1,718
2,784     2,784
601     601
1,364   56 1,308
1,754     1,754
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       26,699
b       5,431
c       -536
d       726
e       -788
       
      -10,181
      11,473
      49,500
      11,955
      8,881
      5,936
      1,281
      2,484
      2,476
      2,566
      2,116
      15,012
      1,411
      1,693
      11,313
      -6,264
       
      -6,993
      -25,605
      82,500
      38,653
      10,017
      2,310
      1,660
      3,616
      3,244
      4,366
      -4,563
      -2,548
      2,825
      816
      -62
      -1,841
       
      1,185
      -59,014
      30,457
      49
      38
      2,256
      1,306
      6,216
      9,638
      3,490
      493
      -5,849
      5,654
      -5,702
      -58
      -34,976
       
      8,727
      -27,309
      20,406
      3,622
      13,440
      6,926
      1,606
      2,528
      6,277
      3,006
      1,169
       
      26,808
      -961
      -1,366
      -15,951
       
      12,667
      -28,662
      16,261
      12,367
      6,116
      3,584
      5,466
      716
      6,384
      2,740
      2,283
       
      30,373
      -853
      14,904
      9,912
      -67,710
      2,532
      -2,494
      26,744
      54,663
      540
      992
      2,755
      3,381
      8,908
      1,231
      -3,164
      -3,117
      8,714
      -5,242
      11,051
      15,114
       
      49,479
      202
      -31,615
      6,713
      3,566
      1,375
      6,277
      2,356
      5,836
      4,436
      1,487
       
      2,166
      -475
      1,818
       
      -4,776
      9,439
      2,329
      -711
      43,733
      2,288
      3,430
      728
      1,706
      6,466
      2,620
      640
      39,330
      51,976
      -4,280
      21,759
       
       
      58,136
      1,610
      -2,049
      7,224
      1,243
      2,610
      4,328
      3,536
      11,216
      1,144
      728
      43,993
      17,238
      -778
      10,883
       
       
      10,149
      -140
      14,248
      1,320
      1,484
      2,366
      2,636
      3,092
      1,143
      1,981
      366
      15,481
      52,524
      -3,407
      21,699
       
      -4,659
      6,291
      82,500
       
      7,677
      1,006
      3,681
      1,443
      16,772
      1,740
      1,144
      7,966
      62,270
      1,506
      -6,434
      1,761
       
      -15,106
      22,616
      80,850
      3,146
      2,584
      740
      4,366
      1,064
      4,084
      1,664
      1,331
      10,390
      375
      7,525
      7,086
      -783
       
      -43,908
      3,162
      29,700
      1,323
      1,982
      1,216
      2,666
      968
      1,790
      578
      2,078
      1,466
      8,393
      13,552
      14,377
      4,368
       
      -26,286
      6,738
      3,300
      9,736
      972
      1,440
      1,984
      2,944
      3,316
      2,516
      1,958
      5,648
      190
      1,584
      3,455
       
      -118,206
      5,732
      1,650
      4,110
      7,600
      643
      1,718
      2,784
      601
      1,308
      1,754
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 1,256,683
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 3 390,077
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 5,651,756 122,279,502 0.046220
2013 2,396,000 116,484,401 0.020569
2012 667,000 48,740,986 0.013685
2011 455,000 13,693,595 0.033227
2010 395,000 10,475,808 0.037706
2
Total of line 1, column (d) .....................
20.151407
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
0.030281
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
121,258,794
5
Multiply line 4 by line 3......................
5
3,671,838
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
40,504
7
Add lines 5 and 6........................
7
3,712,342
8
Enter qualifying distributions from Part XII, line 4.............
8
6,068,220
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 40,504
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  
3 Add lines 1 and 2........................... 3 40,504
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 40,504
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 51,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 30,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 81,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
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 40,496
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet40,496 RefundedBullet 11  
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)
    bulletNC
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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 addressbulletN/A
    14
    The books are in care ofbulletDONALD PARKER Telephone no.bullet (919) 531-6803

    Located atbullet100 SAS CAMPUS DRIVECARYNC ZIP+4bullet27513
    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
     
     
    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
     
     
    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
    JAMES H GOODNIGHT DIRECTOR
    0.10     		0 0 0
    100 SAS CAMPUS DRIVE
    CARY,NC27513
    ANN BAGGETT GOODNIGHT DIRECTOR
    0.10     		0 0 0
    100 SAS CAMPUS DRIVE
    CARY,NC27513
    LEAH A GOODNIGHT DIRECTOR
    0.10     		0 0 0
    100 SAS CAMPUS DRIVE
    CARY,NC27513
    SUSAN G ELLIS DIRECTOR
    0.10     		0 0 0
    100 SAS CAMPUS DRIVE
    CARY,NC27513
    DONALD R PARKER DIRECTOR
    8.00     		0 0 0
    100 SAS CAMPUS DRIVE
    CARY,NC27513
    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  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    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 N/A  
    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
    92,837,269
    b
    Average of monthly cash balances.......................
    1b
    30,268,106
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    123,105,375
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    123,105,375
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,846,581
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    121,258,794
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    6,062,940
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    6,062,940
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    40,504
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    40,504
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,022,436
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    6,022,436
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    6,022,436
    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
    6,068,220
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    6,068,220
    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
    40,504
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    6,027,716
    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 6,022,436
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 6,063,466
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 6,068,220
    a Applied to 2014, but not more than line 2a 6,063,466
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2015 distributable amount..... 4,754
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2015.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		6,017,682
    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) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    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).)
    JAMES H GOODNIGHT
    ANN B GOODNIGHT
    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
    ALLIANCE FOR EXCELLENT EDUCATION
    ALLIANCE FOR EXCELLENT EDUCATION
    1201 CONN NW STE 901
    1201 CONN NW STE 901
    WASHINGTON,DC20036     		NONE 501(C)(3) UNRESTRICTED FUNDS 10,000
    BOYS CLUB OF WAKE COUNTY INC
    BOYS CLUB OF WAKE COUNTY INC
    701 N RALEIGH BLVD
    701 N RALEIGH BLVD
    RALEIGH,NC27610     		NONE 501(C)(3) UNRESTRICTED FUNDS 25,000
    CARY ACADEMY
    CARY ACADEMY
    1500 NORTH HARRISON AVE
    1500 NORTH HARRISON AVE
    CARY,NC27513     		NONE 501(C)(3) BUILDING FUND 290,000
    COMMUNITIES IN SCHOOLS CHATHAM COUN
    COMMUNITIES IN SCHOOLS CHATHAM COUNTY
    P O BOX 903
    P O BOX 903
    SILER CITY,NC27344     		NONE 501(C)(3) UNRESTRICTED FUNDS 10,000
    CONTEMPORARY ART FOUNDATION
    CONTEMPORARY ART FOUNDATION
    409 W MARTIN ST
    409 W MARTIN STREET
    RALEIGH,NC27603     		NONE 501(C)(3) K-12 EDUCATION PROGRAMS 25,000
    DEVELOPMENT FOUNDATION FOR NCCAT
    DEVELOPMENT FOUNDATION FOR NCCAT
    276 NCCAT DRIVE
    276 NCCAT DRIVE
    CULLOWHEE,NC287239062     		NONE 501(C)(3) UNRESTRICTED FUNDS 10,000
    EDUCATION NC
    EDUCATION NC
    P O BOX 1636
    P O BOX 1636
    RALEIGH,NC27602     		NONE 501(C)(3) UNRESTRICTED FUNDS 5,000
    FRIENDS OF NC STATE MUSEUM OF NS
    FRIENDS OF NC STATE MUSEUM OF NS
    11 WEST JONES ST
    11 WEST JONES ST
    RALEIGH,NC27601     		NONE 501(C)(3) EDUCATORS OF EXCELLENCE FUND 15,000
    GIRL SCOUTS - NC COASTAL PINES
    GIRL SCOUTS - COASTAL PINES
    6901 PINECREST ROAD
    6901 PINECREST ROAD
    RALEIGH,NC27613     		NONE 501(C)(3) STEM PROGRAMMING 15,000
    GLOBAL SCHOLARS ACADEMY
    GLOBAL SCHOLARS ACADEMY
    311 DOWD STREET
    311 DOWD STREET
    DURHAM,NC27701     		NONE 501(C)(3) UNRESTRICTED FUNDS 10,000
    KIDZNOTES INC
    KIDZNOTES INC
    P O BOX 200
    P O BOX 200
    DURHAM,NC27702     		NONE 501(C)(3) UNRESTRICTED FUNDS 10,000
    MARBLES KIDS MUSEUM
    MARBLES KIDS MUSEUM
    201 E HARGETT ST
    201 E HARGETT ST
    RALEIGH,NC27601     		NONE 501(C)(3) UNRESTRICTED FUNDS 10,000
    MEDICAL FOUNDATION OF NC INC
    MEDICAL FOUNDATION OF NC INC
    CAMPUS BOX 7237
    CAMPUS BOX 7237
    CHAPEL HILL,NC275997237     		NONE 501(C)(3) CHILDREN'S EDUCATION SUPPORT 10,000
    MEREDITH COLLEGE
    MEREDITH COLLEGE
    3800 HILLSBOROUGH ST
    3800 HILLSBOROUGH ST
    RALEIGH,NC276075298     		NONE 501(C)(3) MINORITY TEACHING SCHOLARSHIP 35,000
    NC BUSINESS LEADERS FOR EDUCATION
    NC BUSINESS LEADERS FOR EDUCATION
    100 SAS CAMPUS DR
    100 SAS CAMPUS DR
    CARY,NC27513     		NONE 501(C)(3) UNRESTRICTED FUNDS 25,000
    NC CENTER FOR INT'L UNDERSTANDING
    NC CENTER FOR INT'L UNDERSTANDING
    68 TW ALEXANDER DR
    68 TW ALEXANDER DR
    RTP,NC27709     		NONE 501(C)(3) UNRESTRICTED FUNDS 15,000
    NC MUSEUM OF HISTORY FOUNDATION
    NC MUSEUM OF HISTORY FOUNDATION
    5 EAST EDENTON ST
    5 EAST EDENTON ST
    RALEIGH,NC27601     		NONE 501(C)(3) UNRESTRICTED FUNDS 15,000
    NCSU COLLEGE OF SCIENCES FOUNDATION
    NCSU COLLEGE OF SCIENCES FOUNDATION INC
    CAMPUS BOX 8201
    CAMPUS BOX 8201
    RALEIGH,NC27695     		NONE 501(C)(3) SOLOMON SCHOLARS FUND 50,000
    NCSU FOUNDATION INC
    NCSU FOUNDATION INC
    CAMPUS BOX 7474
    CAMPUS BOX 7474
    RALEIGH,NC276957474     		NONE 501(C)(3) CHANCELLOR'S DISCRETIONARY FUND 15,000
    NCSU FOUNDATION INC
    NCSU FOUNDATION INC
    CAMPUS BOX 7474
    CAMPUS BOX 7474
    RALEIGH,NC276957474     		NONE 501(C)(3) COLLEGE OF EDUCATION - SCHOLARSHIP 20,000
    NCSU FOUNDATION INC
    NCSU FOUNDATION INC
    CAMPUS BOX 7474
    CAMPUS BOX 7474
    RALEIGH,NC276957474     		NONE 501(C)(3) COLLEGE OF DESIGN - SCHOLARSHIP 10,000
    NCSU FOUNDATION INC
    NCSU FOUNDATION INC
    CAMPUS BOX 7474
    CAMPUS BOX 7474
    RALEIGH,NC276957474     		NONE 501(C)(3) CHASS DEAN'S DISCRETIONARY FUND 10,000
    NCSU FOUNDATION INC
    NCSU FOUNDATION INC
    CAMPUS BOX 7474
    CAMPUS BOX 7474
    RALEIGH,NC276957474     		NONE 501(C)(3) FRIDAY INSTITUTE 25,000
    NCSU FOUNDATION INC
    NCSU FOUNDATION INC
    CAMPUS BOX 7474
    CAMPUS BOX 7474
    RALEIGH,NC276957474     		NONE 501(C)(3) COLLEGE OF SCIENCE - DISCRETIONARY 10,000
    NCSU FOUNDATION INC
    NCSU FOUNDATION INC
    CAMPUS BOX 7474
    CAMPUS BOX 7474
    RALEIGH,NC276957474     		NONE 501(C)(3) GENERAL H HUGH SHELTON INITIATIVE 10,000
    NCSU FOUNDATION INC
    NCSU FOUNDATION INC
    CAMPUS BOX 7474
    CAMPUS BOX 7474
    RALEIGH,NC276957474     		NONE 501(C)(3) KENAN FELLOWS 25,000
    NCSU FOUNDATION INC
    NCSU FOUNDATION INC
    CAMPUS BOX 7529
    CAMPUS BOX 7529
    RALEIGH,NC276957529     		NONE 501(C)(3) GOODNIGHT SCHOLARS 5,000,000
    NC PUBLIC RADIO - WUNC
    NC PUBLIC RADIO - WUNC
    120 FRIDAY CENTER DRIVE
    120 FRIDAY CENTER DRIVE
    CHAPEL HILL,NC27517     		NONE 501(C)(3) EDUCATIONAL PROGRAMMING 20,000
    NC SOCIETY OF HISPANIC PROFESSIONAL
    NC SOCIETY OF HISPANIC PROFESSIONALS
    8450 CHAPEL HILL RD STE 2
    8450 CHAPEL HILL RD STE 2
    CARY,NC27513     		NONE 501(C)(3) SCHOLARSHIPS 5,000
    NORTH CAROLINA NEW SCHOOLS
    NORTH CAROLINA NEW SCHOOLS
    4600 MARRIOTT DR STE 510
    4600 MARRIOTT DR STE 510
    RALEIGH,NC27612     		NONE 501(C)(3) EARLY COLLEGE STRATEGIES FOR ALL 20,000
    PUBLIC SCHOOL FORUM OF NC
    PUBLIC SCHOOL FORUM OF NC
    3739 NATIONAL DR STE 100
    3739 NATIONAL DR STE 100
    RALEIGH,NC27612     		NONE 501(C)(3) UNRESTRICTED FUNDS 5,000
    RALEIGH SCHOOL INC
    RALEIGH SCHOOL INC
    1141 RALEIGH SCHOOL DRIVE
    1141 RALEIGH SCHOOL DRIVE
    RALEIGH,NC27607     		NONE 501(C)(3) UNRESTRICTED FUNDS 25,000
    READ AND FEED
    READ AND FEED
    193 HIGH HOUSE ROAD
    193 HIGH HOUSE ROAD
    CARY,NC27511     		NONE 501(C)(3) UNRESTRICTED FUNDS 10,000
    SALVATION ARMY
    SALVATION ARMY
    P O BOX 27584
    P O BOX 27584
    RALEIGH,NC276117584     		NONE 501(C)(3) AFTER SCHOOL TUTORING 5,000
    TAMMY LYNN MEMORIAL FOUNDATION
    TAMMY LYNN MEMORIAL FOUNDATION INC
    739 CHAPPELL DRIVE
    739 CHAPPELL DRIVE
    RALEIGH,NC27606     		NONE 501(C)(3) UNRESTRICTED FUNDS 10,000
    TEACH FOR AMERICA INC
    TEACH FOR AMERICA INC
    315 W 36TH FL
    315 W 36TH FL
    NEW YORK,NY10018     		NONE 501(C)(3) EASTERN NC CHAPTER 35,000
    THE FORGE INITIATIVE INC
    THE FORGE INITIATIVE INC
    P O BOX 4798
    P O BOX 4798
    CARY,NC275194798     		NONE 501(C)(3) UNRESTRICTED FUNDS 5,000
    THE HILL CENTER INC
    THE HILL CENTER INC
    3200 PICKETT ROAD
    3200 PICKETT ROAD
    DURHAM,NC277056010     		NONE 501(C)(3) YE SMITH ELEM SCH - TRAINING & DEV 113,220
    THE NAVIGATORS
    THE NAVIGATORS
    P O BOX 6000
    P O BOX 6000
    COLORADO SPRINGS,CO80934     		NONE 501(C)(3) URBAN HOPE NAVIGATORS 5,000
    TRIANGLE HIGH FIVE PARTNERSHIP
    TRIANGLE HIGH FIVE PARTNERSHIP
    750 S MERRITT MILL ROAD
    750 S MERRITT MILL ROAD
    CHAPEL HILL,NC27516     		NONE 501(C)(3) UNRESTRICTED FUNDS 35,000
    UNC AT ASHEVILLE FOUNDATION INC
    UNC AT ASHEVILLE FOUNDATION INC
    118 WT WEAVER BLVD
    118 WT WEAVER BLVD
    ASHEVILLE,NC28804     		NONE 501(C)(3) CHANCELLOR'S DISCRETIONARY FUND 10,000
    UNIVERSITY OF NC AT CHAPEL HILL
    UNIVERSITY OF NC AT CHAPEL HILL
    P O BOX 309
    P O BOX 309
    CHAPEL HILL,NC275140309     		NONE 501(C)(3) CHANCELLOR'S DISCRETIONARY FUND 10,000
    UNIVERSITY OF NC AT CHAPEL HILL
    UNIVERSITY OF NC AT CHAPEL HILL
    CAMPUS BOX 8180
    CAMPUS BOX 8180
    CHAPEL HILL,NC275998180     		NONE 501(C)(3) FRANK P GRAHAM CHILD DEV CENTER 10,000
    WAKE EDUCATION PARTNERSHIP
    WAKE EDUCATION PARTNERSHIP
    706 HILLSBOROUGH STE A
    706 HILLSBOROUGH STE A
    RALEIGH,NC27603     		NONE 501(C)(3) UNRESTRICTED FUNDS 10,000
    YMCA OF THE TRIANGLE INC
    YMCA OF THE TRIANGLE INC
    801 CORP CENTER STE 200
    801 CORP CENTER STE 200
    RALEIGH,NC27607     		NONE 501(C)(3) CAMP SEA GULL/SEAFARER SCHOLARSHIPS 25,000
    Total .................................bullet 3a 6,068,220
    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 ...........     		    14 181,520  
    4 Dividends and interest from securities....     14 2,581,770  
    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.....     14 366  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    14 1,256,683  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aFEDERAL EXCISE TAX REFUND     		    14 50,744  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   4,071,083  
    13Total. Add line 12, columns (b), (d), and (e)..................
    134,071,083
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    THE GOODNIGHT EDUCATIONAL
    FOUNDATION
    Employer identification number

    56-6533546
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    THE GOODNIGHT EDUCATIONAL
    FOUNDATION         		Employer identification number
    56-6533546
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    JAMES H GOODNIGHT  
    100 SAS CAMPUS DRIVE
     
    CARY, NC27513

    		$ 12,500,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    ANN B GOODNIGHT  
    100 SAS CAMPUS DRIVE
     
    CARY, NC27513

    		$ 12,500,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    THE GOODNIGHT EDUCATIONAL
    FOUNDATION         		Employer identification number

    56-6533546
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    THE GOODNIGHT EDUCATIONAL
    FOUNDATION         		Employer identification number

    56-6533546
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    THE GOODNIGHT EDUCATIONAL
     
    FOUNDATION
    EIN:
    56-6533546
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE 5,100 5,100    

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    THE GOODNIGHT EDUCATIONAL
     
    FOUNDATION
    EIN:
    56-6533546
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FIDELITY - 663-134385 6,077,125 6,464,342

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    THE GOODNIGHT EDUCATIONAL
     
    FOUNDATION
    EIN:
    56-6533546
    Name of Stock End of Year Book Value End of Year Fair Market Value
    FIDELITY - 663-134385 70,653,004 72,560,385
    FIDELITY - 663-134385    

    TY 2015 OtherIncomeSchedule2
    Name:
    THE GOODNIGHT EDUCATIONAL
     
    FOUNDATION
    EIN:
    56-6533546
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BANK OF AMERICA - LEGAL SETTL 366 366  
    FEDERAL EXCISE TAX REFUND 50,744 50,744  


    TY 2015 OtherLiabilitiesSchedule
    Name:
    THE GOODNIGHT EDUCATIONAL
     
    FOUNDATION
    EIN:
    56-6533546
    Description Beginning of Year - Book Value End of Year - Book Value
    OPTIONS OUTSTANDING 74,122 122,713


    TY 2015 TaxesSchedule
    Name:
    THE GOODNIGHT EDUCATIONAL
     
    FOUNDATION
    EIN:
    56-6533546
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN INCOME TAX WITHHELD ON D 15,068 15,068    
    PY LESS CY FOREIGN TAX 483 483