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
ALICE M GAYLORD TR UW FBO PARK CENTRAL PRES
 
Number and street (or P.O. box number if mail is not delivered to street address)1100 WEHRLE DRIVE 2ND FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BUFFALO, NY14221
A Employer identification number

16-6265083
B Telephone number (see instructions)

(716) 842-5506
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$1,031,787J 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... 18,370 17,650  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 101,002
b Gross sales price for all assets on line 6a 1,196,464
7 Capital gain net income (from Part IV, line 2)... 101,002
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........ 119,372 118,652  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 10,746 10,746    
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,523 445   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 1,143 1,143    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 13,412 12,334 0 0
25 Contributions, gifts, grants paid....... 51,980 51,980
26 Total expenses and disbursements. Add lines 24 and 25 65,392 12,334 0 51,980
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 53,980
b Net investment income (if negative, enter -0-) 106,318
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.............   502 502
2 Savings and temporary cash investments......... 68,920 26,603 26,603
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 945,851 Click to see attachment1,041,536 1,004,682
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) 1,014,771 1,068,641 1,031,787
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........ 1,014,771 1,068,641
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)..... 1,014,771 1,068,641
31 Total liabilities and net assets/fund balances (see instructions). 1,014,771 1,068,641
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,014,771
2
Enter amount from Part I, line 27a .....................
2
53,980
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
3
4
Add lines 1, 2, and 3 ..........................
4
1,068,754
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
113
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
1,068,641
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 2207.363 FPA NEW INCOME FUND   2013-11-04 2015-02-10
b 73.144 FPA NEW INCOME FUND   2014-02-26 2015-02-10
c 1631.267 DIAMOND HILL LARGE-CAP CL I   2014-02-26 2015-03-20
d 221.205 HARBOR FD INTL FD   2014-10-14 2015-03-20
e 1418.026 HARBOR FD INTL FD   2014-02-26 2015-03-20
9. ISHARES RUSSELL 2000 VALUE ETF   2014-10-14 2015-03-20
248. ISHARES RUSSELL 2000 VALUE ETF   2013-11-04 2015-03-20
81. ISHARES RUSSELL 2000 GROWTH ETF   2014-12-02 2015-03-20
143.964 MFS INTL NEW DISCOVERY CL I   2013-09-09 2015-03-20
1445.194 MSIF GROWTH PORTFOLIO CL IS   2014-05-01 2015-03-20
1614.732 MSIF GROWTH PORTFOLIO CL IS   2012-07-26 2015-03-20
182.919 RIDGEWORTH SEIX FLTNG RT HI INC FD I   2010-05-10 2015-03-20
1592.754 STERLING CAPITAL MID-CAP VALUE CL-I   2013-09-09 2015-03-20
3379.083 WILMINGTON LARGE-CAP STRATEGY FUND-I   2014-10-14 2015-03-20
3676.049 WILMINGTON MULTI-MGR REAL ASSET - I   2013-11-04 2015-03-20
3201.089 WILMINGTON SHORT TERM BOND FUND-I   2010-05-10 2015-03-20
3277.344 WILMINGTON MID CAP GROWTH FUND -I   2013-09-09 2015-03-20
1838.993 WILMINGTON MID CAP GROWTH FUND -I   2014-05-01 2015-03-20
2101.094 WILMINGTON MULTI-MGR INTERNATIONAL-I   2014-10-14 2015-03-20
12855.321 WILMINGTON MULTI-MGR INTERNATIONAL-I   2013-04-05 2015-03-20
6851.688 WILMINGTON BROAD MARKET BOND FUND -I   2015-02-10 2015-03-20
12679.848 WILMINGTON BROAD MARKET BOND FUND -I   2014-02-26 2015-03-20
127. TORONTO DOMINION BK ONT COM NEW   2015-03-26 2015-03-27
80. PENTAIR PLC   2015-03-26 2015-03-27
374. ISHARES RUSSELL MID-CAP VALUE ETF   2015-03-20 2015-03-31
202. ISHARES RUSSELL MID-CAP GROWTH ETF   2015-03-20 2015-03-31
53. DIAGEO PLC SPONSORED ADR NEW   2015-03-26 2015-04-27
453. ERICSSON SPONS ADR   2015-03-26 2015-04-27
180. UNITED OVERSEAS BK LTDADR   2015-03-26 2015-04-27
6. ABBVIE INC   2015-03-26 2015-06-01
4. AETNA INC NEW COM   2015-03-26 2015-06-01
9. ASBURY AUTOMOTIVE GROUP INC   2015-03-26 2015-06-01
97. AVISTA CORP   2015-03-26 2015-06-01
58. BALL CORPORATION   2015-03-26 2015-06-01
93. CANADIAN NATL RY CO COM   2015-03-26 2015-06-01
5. DST SYSTEMS INCORPORATED DELAWARE   2015-03-26 2015-06-01
4. DAVITA HEALTHCARE PARTNERS 1   2015-03-26 2015-06-01
105. DELTA AIR LINES INC   2015-03-26 2015-06-01
7. DEVON ENERGY CORP COM   2015-03-26 2015-06-01
66. DOVER CORP COM   2015-03-26 2015-06-01
49. EOG RESOURCES INC COM   2015-03-26 2015-06-01
7. GENERAL MILLS INC COM   2015-03-26 2015-06-01
77. LINCOLN NATL CORP IND COM ATTACHED RTS E   2015-03-26 2015-06-01
8. MAGNA INTL INC CL A   2015-03-27 2015-06-01
8. MICROSOFT CORP COM   2015-03-26 2015-06-01
5. SCHLUMBERGER LTD COM   2015-03-26 2015-06-01
20. WHIRLPOOL CORP COM   2015-03-26 2015-06-01
59. TE CONNECTIVITY LTD   2015-03-26 2015-06-01
22. GOLDMAN SACHS GROUP INC COM   2015-06-01 2015-06-24
50. NORFOLK SOUTHN CORP COM   2015-06-01 2015-06-24
47. NATIONAL GRID GROUP PLC-ADR   2015-03-26 2015-06-26
102. TELSTRA CORP LTD - ADR   2015-03-26 2015-06-26
67. ACE LIMITED   2015-03-26 2015-06-26
.912 CK HUTCHISON HOLDING UNSPONS ADR   2015-03-26 2015-07-06
285.912 CK HUTCHISON HOLDINGS ADR RIGHTS     2015-07-10
153. VOLKSWAGEN AG - SPONS ADR   2015-03-26 2015-07-27
28. RIO TINTO PLC SPONSORED ADR   2015-03-26 2015-08-03
93. EATON CORP PLC   2015-03-26 2015-08-03
28. NXP SEMICONDUCTORS NV   2015-03-26 2015-08-03
14. AVAGO TECHNOLOGIES LTD   2015-03-26 2015-08-03
74. BP AMOCO PLC SPONSORED ADR   2015-04-27 2015-08-26
60. MALLINCKRODT PLC   2015-03-26 2015-08-26
13. NXP SEMICONDUCTORS NV   2015-03-26 2015-08-26
7. AVAGO TECHNOLOGIES LTD   2015-03-26 2015-08-26
138. TELSTRA CORP LTD - ADR   2015-03-26 2015-08-31
120. DBS GROUP HOLDINGS LIMITED SPONS ADR   2015-03-26 2015-09-15
120. SENSATA TECHNOLOGIES HLDG NV   2015-03-27 2015-09-15
3. AETNA INC NEW COM   2015-03-26 2015-09-29
22. ALASKA AIR GROUP INC   2015-06-01 2015-09-29
15. ALLIANCE DATA SYSTEMS CORP   2015-03-26 2015-09-29
64. ALLSTATE CORP COM   2015-03-26 2015-09-29
7. ATMOS ENERGY CORP   2015-03-26 2015-09-29
7. AVERY DENNISON CORP COM   2015-06-01 2015-09-29
29. CDW CORP   2015-03-26 2015-09-29
7. DR PEPPER SNAPPLE GROUP INC   2015-03-26 2015-09-29
118. HANESBRANDS INC   2015-03-26 2015-09-29
66. INTERNATIONAL PAPER CO COM   2015-03-26 2015-09-29
99. ORACLE CORPORATION COM   2015-03-26 2015-09-29
4. STANLEY BLACK & DECKER INC   2015-06-01 2015-09-29
14. VALERO ENERGY CORP COM   2015-03-26 2015-09-29
20. JAZZ PHARMACEUTICALS PLC   2015-03-26 2015-09-30
14. ALLERGAN PLC   2015-03-26 2015-10-23
73. ALLIED WORLD ASSURANCE CO   2015-06-26 2015-11-05
280. UBS GROUP AG   2015-09-15 2015-11-05
.2 RYANAIR HOLDINGS PLC SPONS ADR   2015-09-15 2015-11-16
85. RIO TINTO PLC SPONSORED ADR   2015-03-26 2015-12-02
85. ALLIED WORLD ASSURANCE CO   2015-06-26 2015-12-02
3. AMGEN INC COM   2015-03-26 2015-12-09
6. ATMOS ENERGY CORP   2015-03-26 2015-12-09
5. AVERY DENNISON CORP COM   2015-06-01 2015-12-09
72. BROADRIDGE FINANCIAL SOLUTIONS INC   2015-09-29 2015-12-09
8. DR PEPPER SNAPPLE GROUP INC   2015-03-26 2015-12-09
91. HARTFORD FINANCIAL SVCS GRP INC   2015-09-29 2015-12-09
7. KIMBERLY CLARK CORP COM   2015-03-26 2015-12-09
15. KROGER CO COM ATTACHED RTS EXP   2015-03-26 2015-12-09
10. LAM RESEARCH CORPORATION   2015-06-01 2015-12-09
8. LOWES COS INC COM   2015-03-26 2015-12-09
79. MAGNA INTL INC CL A   2015-09-29 2015-12-09
18. MICROSOFT CORP COM   2015-03-26 2015-12-09
427. ON SEMICONDUCTOR CORPORATION   2015-09-29 2015-12-09
11. RAYMOND JAMES FINANCIAL INC   2015-06-24 2015-12-09
54. RYDER SYS INC COM   2015-09-29 2015-12-09
6. VALERO ENERGY CORP COM   2015-03-26 2015-12-09
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 22,405   22,868 -463
b 742   756 -14
c 37,813   35,499 2,314
d 15,414   15,347 67
e 98,808   72,897 25,911
937   824 113
25,833   23,494 2,339
12,469   11,158 1,311
4,198   3,937 261
61,074   53,108 7,966
68,239   43,292 24,947
1,617   1,597 20
32,540   29,641 2,899
63,189   58,154 5,035
54,994   51,069 3,925
32,331   32,619 -288
60,467   42,682 17,785
33,929   33,378 551
16,641   16,214 427
101,814   83,235 18,579
67,421   67,097 324
124,770   123,819 951
5,459   5,479 -20
4,992   5,017 -25
28,171   28,657 -486
19,829   20,127 -298
6,006   5,968 38
5,181   5,818 -637
6,725   6,021 704
399   347 52
472   427 45
766   727 39
3,105   3,241 -136
4,125   4,040 85
5,478   6,260 -782
591   534 57
336   326 10
4,533   4,627 -94
457   422 35
4,994   4,589 405
4,343   4,486 -143
393   378 15
4,396   4,414 -18
463   422 41
377   333 44
451   418 33
3,692   3,928 -236
4,071   4,152 -81
4,757   4,574 183
4,591   5,124 -533
3,136   3,091 45
2,412   2,515 -103
6,875   7,484 -609
13   19 -6
2,508     2,508
6,297   7,842 -1,545
1,057   1,200 -143
5,598   6,122 -524
2,710   2,745 -35
1,758   1,745 13
2,331   3,213 -882
4,864   7,663 -2,799
1,088   1,274 -186
788   873 -85
2,807   3,402 -595
5,956   7,137 -1,181
5,382   6,830 -1,448
316   320 -4
1,715   1,431 284
3,737   4,386 -649
3,693   4,511 -818
403   381 22
390   434 -44
1,143   1,078 65
540   555 -15
3,348   3,950 -602
2,470   3,584 -1,114
3,498   4,277 -779
387   410 -23
816   891 -75
2,547   3,533 -986
3,732   4,249 -517
2,637   3,204 -567
5,411   6,039 -628
16   17 -1
2,770   3,642 -872
3,096   3,730 -634
475   484 -9
372   326 46
321   310 11
3,878   3,947 -69
735   634 101
4,149   4,070 79
843   751 92
616   575 41
800   828 -28
614   587 27
3,387   4,090 -703
995   748 247
4,444   4,776 -332
645   674 -29
3,099   4,962 -1,863
422   382 40
      5,626
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       -463
b       -14
c       2,314
d       67
e       25,911
      113
      2,339
      1,311
      261
      7,966
      24,947
      20
      2,899
      5,035
      3,925
      -288
      17,785
      551
      427
      18,579
      324
      951
      -20
      -25
      -486
      -298
      38
      -637
      704
      52
      45
      39
      -136
      85
      -782
      57
      10
      -94
      35
      405
      -143
      15
      -18
      41
      44
      33
      -236
      -81
      183
      -533
      45
      -103
      -609
      -6
      2,508
      -1,545
      -143
      -524
      -35
      13
      -882
      -2,799
      -186
      -85
      -595
      -1,181
      -1,448
      -4
      284
      -649
      -818
      22
      -44
      65
      -15
      -602
      -1,114
      -779
      -23
      -75
      -986
      -517
      -567
      -628
      -1
      -872
      -634
      -9
      46
      11
      -69
      101
      79
      92
      41
      -28
      27
      -703
      247
      -332
      -29
      -1,863
      40
       
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 2 101,002
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 25,964 1,099,400 0.023617
2013 53,082 1,052,698 0.050425
2012 58,856 1,009,960 0.058276
2011 44,708 1,039,764 0.042998
2010 43,262 982,745 0.044022
2
Total of line 1, column (d) .....................
20.219338
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
0.043868
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
1,068,954
5
Multiply line 4 by line 3......................
5
46,893
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,063
7
Add lines 5 and 6........................
7
47,956
8
Enter qualifying distributions from Part XII, line 4.............
8
51,980
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 1,063
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 1,063
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 1,063
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 1,336
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 1,336
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 10 273
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet273 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)
    bulletNY
    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 ofbulletM AND T BANK Telephone no.bullet (716) 842-5506

    Located atbullet1100 WEHRLE DRIVEBUFFALONY ZIP+4bullet14221
    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
    MANUFACTURERS AND TRADERS TR CO TRUSTEE
    1     		10,746    
    1100 WEHRLE DRIVE 2ND FLOOR
    BUFFALO,NY14221
    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
    1,051,366
    b
    Average of monthly cash balances.......................
    1b
    33,866
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,085,232
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    1,085,232
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    16,278
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,068,954
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    53,448
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    53,448
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    1,063
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,063
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    52,385
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    52,385
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    52,385
    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
    51,980
    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
    51,980
    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
    1,063
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    50,917
    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 52,385
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 43,762
    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$ 51,980
    a Applied to 2014, but not more than line 2a 43,762
    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..... 8,218
    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 ..........     		44,167
    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).)
    NA
    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.
    NA
    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
    PARK CENTRAL PRESBYTERIAN
    ATTN BOARD OF TRUSTEES
    504 EAST FAYETTE ST
    SYRACUSE,NY13202     		NONE PC GENERAL-UNRESTRICTED 25,990
    CNY COMMUNITY FOUNDATION
    ATTN PETER A DUNN
    500 S SALINA STREET STE 428
    SYRACUSE,NY13202     		NONE PC GENERAL-UNRESTRICTED 25,990
    Total .................................bullet 3a 51,980
    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 18,370  
    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 ............     		    18 101,002  
    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)..   119,372  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13119,372
    (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 InvestmentsOtherSchedule2
    Name:
    ALICE M GAYLORD TR UW FBO PARK CENTRAL PRES
    EIN:
    16-6265083
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    HARBOR INTL FD      
    LSV VALUE AT COST 28,900 27,404
    RIDGEWORTH SEIX AT COST 19,110 18,102
    MORGAN STANLEY FOCUS GROWTH      
    T ROWE PRICE INST LARGE-CAP AT COST 88,825 100,244
    WILMINGTON BROAD MAKT BOND FD      
    WILMINGTON SHORT-TERM CORP      
    WILMINGTON MID CAP GROWTH FD      
    WILMINGTON MULTI-MGR REAL ASSE      
    WILMINGTON MULT-MGR INTL FD      
    FPA NEW INCOME FUND      
    DIAMOND HILL LAREGE-CAP FD      
    STERLING CAPITAL MID-CAP VALUE      
    WILMINGTON MULTI-MGR ALTERN AT COST 54,069 50,825
    MFS INTL NEW DISCOVERY FUND AT COST 15,255 15,841
    ISHARES RUSSELL 2000 VALUE ETF      
    MORGAN STANLEY INSTL FD INC GR      
    WILMINGTON LG-CAP STRATEGY FD      
    ISHARES GLOBAL ENERGY ETF AT COST 12,257 9,082
    ISHARES RUSSELL 2000 GROWTH AT COST 33,886 34,263
    METWEST TOTAL RTRN BD FD CL I AT COST 191,453 184,504
    VANGUARD INFLATION PROTECTED S AT COST 24,120 23,191
    VANGUARD SHORT-TERM BD INDEX F AT COST 37,607 37,215
    BAYER AG SPONSORED ADR AT COST 7,135 5,867
    LYONDELLBASELL INDUSTRIES NV C AT COST 7,059 6,952
    NEENAH PAPER INC AT COST 3,055 3,246
    ALASKA AIR GR INC AT COST 3,252 4,026
    AVERY DENNISON CORP COM AT COST 2,852 2,882
    AVNET INC COM AT COST 4,186 4,027
    CHICAGO BRIDGE & IRON CO N V C AT COST 5,171 4,172
    DELUXE CORP ATTACHED RTS EXP1- AT COST 4,880 4,036
    DST SYSTEMS INC COM AT COST 3,948 4,220
    EURONAV SA AT COST 6,041 5,278
    RYANAIR HOLDINGS PLC SPONSORED AT COST 5,874 6,052
    AT&T INC AT COST 2,450 2,546
    VERIZON COMMUNICATIONS COM AT COST 2,691 2,588
    ASBURY AUTOMOTIVE GROUP INC AT COST 4,226 3,574
    BRINKER INTL INC COM AT COST 4,982 4,124
    CARNIVAL PLC AT COST 6,807 7,058
    CDW CORP AT COST 3,643 4,120
    CINEMARK HOLDINGS INC AT COST 4,845 3,844
    D R HORTON INC AT COST 3,586 3,908
    DELPHI AUTOMOTIVE PLC AT COST 7,702 8,573
    HARMAN INTL INDUSTRIES AT COST 3,890 3,768
    IMAX CORP AT COST 6,977 6,042
    LOWES COMPANIES INC AT COST 3,654 3,802
    MAGNA INTL INC AT COST 7,689 5,922
    STANLEY BLACK & DECKER INC AT COST 4,201 4,376
    TARGET CORP COM AT COST 4,056 3,703
    TOYOTA MOTOR CORP AT COST 7,613 6,521
    ANHEUSER-BUSCH INBEV NV AT COST 7,272 7,500
    COMFORT SYSTEMS USA INC AT COST 4,328 3,638
    CVS HEALTH CORP AT COST 4,312 4,106
    DR PEPPER SNAPPLE GROUP INC AT COST 3,569 4,194
    GENERAL MILLS INC AT COST 4,106 4,382
    KIMBERLY CLARK CORP AT COST 3,646 4,328
    KONINKLIJKE AHOLD SPONSORED AM AT COST 5,770 6,193
    KROGER CO COMMON AT COST 3,798 4,141
    NESTLE SA SPONSORED ADR AT COST 5,084 4,986
    SONY CORP - SPONSORED ADR AT COST 6,394 5,906
    BP PLC SPONSORED ADR AT COST 6,241 4,877
    DEVON ENERGY CORP AT COST 5,358 3,296
    SCHLUMBERGER LTD AT COST 9,036 7,533
    SPECTRA ENERGY CORP AT COST 5,264 3,902
    VALERO ENERGY CORP COM AT COST 3,246 3,606
    AFLAC INC AT COST 4,274 4,133
    AMERIPRISE FINANCIAL INC AT COST 4,707 3,831
    BARCLAYS PLC - SPONS ADR AT COST 6,191 4,730
    CK HUTCHISON HOLDING UNPOSORED AT COST 5,807 3,830
    GATX CORP COMMON AT COST 5,542 4,298
    ING GROEP NV SPONSORED ADR AT COST 7,324 6,730
    METLIFE INC AT COST 4,431 4,194
    MITSUBISHI UFJ FANANCIAL GR IN AT COST 6,291 5,741
    PNC FINANCIAL SERVICES GROUP I AT COST 4,378 4,480
    PRUDENTIAL PLC AMERICAN DEPOSI AT COST 7,054 6,311
    RAYMOND JAMES FINANCIAL INC AT COST 4,321 4,174
    RYMAN HOSPITALITY PPTYS INC AT COST 4,918 4,183
    SUMITOMO TRUST AND BANKING CO AT COST 6,548 6,254
    SUNTRUST BANK INC AT COST 4,313 4,498
    WELLS FARGO & CO AT COST 4,378 4,349
    ABBVIE INC AT COST 3,984 4,088
    AETNA INC NEW COM AT COST 4,036 4,109
    ALLERGAN PLC AT COST 3,946 4,063
    AMERISOURCE BERGEN CORP AT COST 4,288 3,941
    AMGEN INC COM AT COST 3,875 3,896
    CARDINAL HEALTH INC OM AT COST 4,232 4,196
    DAVITA HEALTHCARE PARTNERS 1 AT COST 4,074 3,486
    GILEAD SCIENCES INC COM AT COST 3,854 3,845
    ICON PLC AT COST 8,314 9,324
    JAZZ PHARMACEUTICALS PLC AT COST 3,533 2,811
    NOVARTIS AG SPONSORED ADR AT COST 6,683 5,765
    NOVO-NORDISK A/S SPONS ADR AT COST 7,160 7,725
    QUEST DIAGNOSTICS INC AT COST 4,356 4,055
    ACCENTURE PLC CLASS A AT COST 6,708 6,793
    AMDOCS LIMITED AT COST 4,337 4,147
    APPLE INC AT COST 4,464 3,789
    ARM HOLDINGS PLC AT COST 6,801 5,700
    AVAGO TECHNOLOGIES LTD AT COST 6,483 7,548
    CGI GROUP INC AT COST 3,485 3,202
    CHECK POINT SOFTWARE AT COST 6,794 6,510
    CISCO INC AT COST 4,123 4,100
    EURONET WORLDWIDE INC AT COST 4,274 4,129
    LAM RESEARCH CORP COMMON AT COST 4,181 4,209
    MICROSOFT CORP AT COST 3,159 4,216
    NXP SEMICONDUCTORS NV AT COST 7,058 6,066
    SAP SE SPONS ADR AT COST 5,791 5,695
    SKYWORKS SOLUTIONS INC AT COST 4,415 3,688
    ATMOS ENERGY CORP AT COST 2,612 3,026
    P G & E CORP AT COST 3,272 3,245
    ISHARES MSCI JAPAN ETF AT COST 13,705 13,005
    ISHARES RUSSELL MID-CAP GROWTH AT COST 40,354 37,228
    ISHARES RUSSELL MID-CAP VAL ET AT COST 16,704 14,968
    VANGUARD REIT ETF AT COST 34,633 31,892

    TY 2015 OtherDecreasesSchedule
    Name:
    ALICE M GAYLORD TR UW FBO PARK CENTRAL PRES
    EIN:
    16-6265083
    Description Amount
    ROC ADJUSTMENT_EATON 102.30 HANES 10.54 113


    TY 2015 OtherExpensesSchedule
    Name:
    ALICE M GAYLORD TR UW FBO PARK CENTRAL PRES
    EIN:
    16-6265083
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER NON-ALLOCABLE EXPENSE - 263 263   0
    INVESTMENT MGMT FEES-SUBJECT T 807 807   0
    OTHER NONALLOCABLE EXPENSES - 73 73   0


    TY 2015 OtherIncreasesSchedule
    Name:
    ALICE M GAYLORD TR UW FBO PARK CENTRAL PRES
    EIN:
    16-6265083
    Description Amount
    ROUNDING 3


    TY 2015 TaxesSchedule
    Name:
    ALICE M GAYLORD TR UW FBO PARK CENTRAL PRES
    EIN:
    16-6265083
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 374 374   0
    FEDERAL ESTIMATES - PRINCIPAL 1,078 0   0
    FOREIGN TAXES ON QUALIFIED FOR 60 60   0
    FOREIGN TAXES ON NONQUALIFIED 11 11   0