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 ERNESTINE L LENOIR CHARITABLE TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 32
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BUTLER, AL36904
A Employer identification number

31-6632596
B Telephone number (see instructions)

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$5,904,638J 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 84 84  
4 Dividends and interest from securities... 70,605 70,605  
5a Gross rents............ 10,570 10,570  
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 819,347
b Gross sales price for all assets on line 6a 9,289,671
7 Capital gain net income (from Part IV, line 2)... 819,347
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 19,151 19,151  
12 Total. Add lines 1 through 11........ 919,757 919,757  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 120,000 4,000   108,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 9,180 306   8,262
16a Legal fees (attach schedule)......... Click to see attachment 446     446
b Accounting fees (attach schedule)....... Click to see attachment 4,855     2,427
c Other professional fees (attach schedule)....        
17 Interest............... 7,847 7,847    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 22,351 4,903    
19 Depreciation (attach schedule) and depletion... Click to see attachment 7,693 7,496  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 851 213   596
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 25,694 22,582   80
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 198,917 47,347   119,811
25 Contributions, gifts, grants paid....... 2,000 2,000
26 Total expenses and disbursements. Add lines 24 and 25 200,917 47,347   121,811
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 718,840
b Net investment income (if negative, enter -0-) 872,410
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 102,451 82,767 82,767
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)      
b Investments—corporate stock (attach schedule)....... 3,564,645 Click to see attachment2,909,920 2,909,920
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).......... 2,818,958 Click to see attachment2,835,558 2,835,558
14 Land, buildings, and equipment: basis bullet74,962
Less: accumulated depreciation (attach schedule) bullet19,717 62,938 Click to see attachment55,245 70,500
15 Other assets (describe bullet) 6,233 Click to see attachment5,893 5,893
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,555,225 5,889,383 5,904,638
Liabilities 17 Accounts payable and accrued expenses.......... 4,964 14,032
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 2,709,548 Click to see attachment1,814,165
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 2,714,512 1,828,197
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 3,840,713 4,061,186
30 Total net assets or fund balances (see instructions)..... 3,840,713 4,061,186
31 Total liabilities and net assets/fund balances (see instructions). 6,555,225 5,889,383
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
3,840,713
2
Enter amount from Part I, line 27a .....................
2
718,840
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
4,559,553
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
498,367
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
4,061,186
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 4000 shares ABM Industries P 2014-05-14 2015-05-08
b 392 shares ADT Corp P 2014-07-08 2015-05-08
c 169 shares ATT Inc P 2014-07-18 2015-05-08
d 551 shares Aberdeen Asset Mgt P 2015-01-09 2015-05-08
e 554 shares Allianz SE P 2015-03-04 2015-05-08
86 shares Ameren Corp P 2014-10-08 2015-05-08
22000 shares Apple Inc P 2015-08-21 2015-09-11
70 shares Astrazeneca PLC P 2015-02-04 2015-05-08
287 shares AXA SA P 2015-03-03 2015-05-08
2 shares BASF P 2014-05-14 2015-05-08
668 shares BCE Inc P 2014-07-16 2015-05-08
20 shares BP PLC P 2014-05-14 2015-05-08
1 shares Becton Dickinson P 2014-05-14 2015-03-20
2 shares Bemis Inc P 2014-05-14 2015-05-08
45 shares BHP P 2015-02-13 2015-05-08
1 shares Blackrock Inc P 2014-05-14 2015-02-23
241 shares Bob Evans Farms P 2014-05-14 2015-05-08
59 shares CME Group P 2014-05-14 2015-05-08
151 shares CNA Finl P 2015-02-25 2015-05-08
234 shares Centrica PLC P 2014-04-11 2015-02-27
102 shares Centurylink P 2015-02-13 2015-05-08
188 shares Chevron P 2014-05-14 2015-05-08
212 shares Cinemark Holdings P 2014-04-02 2015-05-08
243 shares Coca Cola P 2014-08-19 2015-05-08
24 shares Commonwealth of Australia P 2014-09-11 2015-05-08
451 shares Compass Group OLC P 2014-06-25 2015-01-09
136 shares Compass Minerals P 2014-10-21 2015-05-08
114 shares Corrections Corp P 2014-09-17 2015-05-08
237 shares Cyrusone Inc P 2014-11-21 2015-05-08
21 shares Deutsche Telekom P 2014-05-14 2015-05-08
60000 shares Dow Chemical P 2015-09-28 2015-10-06
478 shares Electricite De France P 2014-05-27 2015-05-08
127 shares Emerson Elec P 2015-01-16 2015-05-08
119 shares Energizer Hldgs Inc P 2014-03-31 2015-03-19
746 shares Fastenal Company P 2015-03-18 2015-05-08
856 shares Ford Mtr Co P 2015-02-09 2015-05-08
11 shares GEO Group P 2014-05-14 2015-05-08
1893 shares Gas Nat Sdg P 2015-01-22 2015-05-08
363 shares General Mls P 2014-11-04 2015-05-08
247 shares Glaxosmithkline PLC P 2014-05-14 2015-05-08
1 share Halyard Health P 2014-05-14 2015-05-11
6 shares Hasbro Inc P 2014-05-14 2015-05-08
6 shares Imperial Tobacco Group P 2014-05-14 2015-05-08
6 shares Innophos Holdings P 2014-05-14 2015-05-08
26 shares Intel Corp P 2014-05-14 2015-05-08
919 shares Iron Mtn P 2014-05-14 2015-05-08
2 shares J2 Global P 2014-05-14 2015-05-08
2 shares Kimberly Clark P 2014-05-14 2015-05-08
775 shares Kinder Morgan P 2014-08-10 2015-05-08
11 shares Kohls Corp P 2014-05-14 2015-05-08
26 shares Lorillard Inc P 2014-05-14 2015-05-08
65 shares McDonalds Corp P 2014-07-16 2015-05-08
14 shares Merck P 2014-05-14 2015-05-08
288 shares Microsoft Corp P 2014-06-11 2015-05-08
44 shares Molson Coors P 2014-05-14 2015-05-08
463 shares Motorola P 2014-10-23 2015-05-08
290 shares Munich Re Group P 2014-09-11 2015-05-08
120 shares National Fuel P 2014-05-14 2015-05-08
6 shares National Grid P 2014-05-14 2015-05-08
377 shares National Oilwell P 2014-09-08 2015-02-11
1 share Novartis P 2014-05-14 2015-05-08
194 shares Occidental Pete P 2014-07-17 2015-05-08
422 shares Ominicom Group P 2014-10-17 2015-05-08
12 shares Orkla P 2014-05-14 2015-05-08
6 shares Owens Minor P 2014-05-14 2015-05-08
54 shares PNC Finl P 2014-09-09 2015-05-08
210 shares Parker Hannifin P 2015-02-11 2015-05-08
542 shares Peoples United P 2014-06-11 2015-05-08
3 shares Pepsico P 2014-05-14 2015-05-08
78 shares Philip Morris P 2015-02-13 2015-05-08
174 shares Potash Corp P 2014-10-07 2015-05-08
293 shares Proctor Gamble P 2014-05-14 2015-05-08
57 shares Quailcomm Inc P 2014-05-14 2015-05-08
224 shares Quest Diagnostics P 2014-05-19 2015-05-08
5 shares Republic Svcs P 2014-05-14 2015-05-08
5 shares Reynolds American P 2014-05-14 2015-05-08
203 shares Rio Tinto P 2014-08-12 2015-05-08
3 shares Roche Hldg P 2014-05-14 2015-05-08
107 shares Rogers Communications P 2015-02-13 2015-05-08
10 shares Royal Dutch P 2014-05-14 2015-05-08
38 shares Royal Dutch P 2014-05-14 2015-05-08
199 shares SSE PLC P 2014-05-14 2015-05-08
275 shares Sanofi Sponsored P 2015-01-07 2015-05-08
2581 shares SCOR Sponsored P 2015-04-20 2015-05-08
7 shares Severn Trent P 2014-05-14 2015-01-30
143 shares Shaw Communications P 2014-06-30 2015-05-08
80 shares Siemens A G P 2015-01-20 2015-05-08
321 shares Statoil ASA P 2014-05-14 2015-05-08
296 shares Svenska Handelsen P 2014-05-14 2015-05-08
2 shares Swisscom AG P 2014-05-14 2015-05-08
242 shares Sysco Corp P 2014-05-14 2015-05-08
6 shares Target Corp P 2014-05-14 2015-05-08
8 shares Terna Rete P 2014-05-14 2015-05-08
10 shares Total S A P 2014-05-14 2015-05-08
182 shares US Bancorp P 2014-05-14 2015-05-08
113 shares Unibail Rodamco P 2014-09-11 2015-05-08
677 shares Uniliver PLC P 2014-09-26 2015-05-08
6 shares United Parcel P 2014-05-14 2015-05-08
7 shares United Utilties P 2014-05-14 2015-05-08
119 shares Verizon Communications P 2014-07-16 2015-05-08
12 shares Vinci S A P 2014-05-14 2015-05-08
143 shares Vodafone Group P 2014-10-07 2015-05-08
255 shares Wm Morrison P 2014-10-15 2015-02-11
138 shares WalMart P 2014-05-14 2015-05-08
610 shares WF Company P 2014-11-04 2015-05-08
14 shares Western Union P 2014-05-14 2015-05-08
57 shares Westpac BKG P 2014-09-10 2015-05-08
7 shares Williams Companies P 2014-05-14 2015-05-08
162 shares Wisconsin Energy P 2014-09-10 2015-05-08
2 shares Daimler AG P 2014-05-14 2015-05-08
10 shares Aircastle Limited P 2014-05-14 2015-05-08
4 shares Partnerre Limited P 2014-05-14 2015-05-08
143 shares Seagate Technology P 2014-10-31 2015-05-08
124 shares Amerigas Partners P 2014-05-14 2015-05-08
2 shares Enterprise Products Ptrs P 2014-05-14 2015-05-08
6 shares Markwest Energy Partners P 2014-05-14 2015-05-08
194 shares Martin Midstream Partner P 2015-04-13 2015-05-08
147 shares Memorial Prod Partners P 2014-05-14 2015-05-08
56 shares Targa Resources Partners P 2015-05-06 2015-05-08
3 shares Williams Partners P 2014-05-14 2015-05-08
220 Shares ABM Industries P 2013-05-09 2015-05-08
538 shares The ADT Corp P 2014-02-18 2015-05-08
1857 shares ATT Inc P 2011-07-29 2015-05-08
167 shares Abbvie Inc P 2013-05-09 2015-05-08
1625 shares Altria Group P 2013-05-09 2015-05-08
367 shares Ameren Corp P 2013-06-05 2015-05-08
236 shares American Elec Pwr P 2013-05-09 2015-05-08
84 shares Apple Inc P 2013-05-09 2015-05-08
104 shares Astrazeneca PLC P 2011-08-01 2015-05-08
98 shares Automatic Data P 2013-05-09 2015-05-08
640 shares BAE Systems P 2013-05-09 2015-05-08
140 shares BASF SE Sponsored P 2013-05-09 2015-05-08
787 shares BCE Inc P 2013-04-10 2015-05-08
840 shares BP PLC P 2012-01-19 2015-05-08
139 shares Becton Dickinson P 2013-05-09 2015-03-20
383 shares Bemis Inc P 2013-05-09 2015-05-08
125 shares BHP Billiton P 2011-08-22 2015-05-08
18 shares Blackrock Inc P 2013-05-09 2015-02-23
271 shares Bob Evans Farms P 2013-05-09 2015-05-08
123 shares British Amern P 2013-05-09 2015-05-08
575 shares CME Group P 2013-05-09 2015-05-08
574 shares Centrica PLC P 2013-05-09 2015-02-26
447 shares Centurylink P 2013-05-09 2015-05-08
283 shares Chevron Corp P 2013-04-10 2015-05-08
343 shares Cinemark Holdings P 2014-04-02 2015-05-08
258 shares Coca Cola P 2013-04-17 2015-05-08
97 shares Commonwealth of Aust P 2013-05-24 2015-05-08
123 shares Compass Group P 2013-05-09 2015-05-08
64 shares Compass Minerals P 2014-03-27 2015-05-08
598 shares ConocoPhillips P 2013-04-25 2015-05-08
309 shares Corrections Corp P 2013-08-20 2015-05-08
1142 shares Deutsche Telekom P 2013-05-09 2015-05-08
199 shares Deutsche Post AG P 2013-05-23 2015-05-08
462 shares Dominion Res Inc P 2013-04-10 2015-05-08
550 shares Donnelley R R Sons P 2013-05-09 2015-05-08
234 shares Dow Chemical P 2013-05-09 2015-05-08
113 shares Du Pont P 2012-10-24 2015-05-08
798 shares Duke Energy Corp P 2013-05-09 2015-05-08
2432 shares Electricite De France P 2013-06-03 2015-05-08
315 shares Emerson Electric P 2013-05-09 2015-05-08
46 shares Energizer Hldgs P 2014-02-24 2015-03-18
555 shares GEO Group P 2013-05-09 2015-05-08
141 shares Gallagher Arthur P 2013-05-09 2015-05-08
1265 shares Glaxosmithkline PLC P 2013-05-09 2015-05-08
613 shares HCP Inc P 2013-05-09 2015-05-08
1 share Halyard Health P 2013-05-09 2015-05-11
509 shares Hasbro Inc P 2013-05-09 2015-05-08
645 shares Health Care REIT P 2013-05-09 2015-05-08
256 shares Imperial Tobacco P 2013-05-09 2015-05-08
105 shares Innophos Holdings P 2013-05-09 2015-05-08
1171 shares Intel Corp P 2012-10-24 2015-05-08
625 shares Iron Mtn Corp P 2013-05-21 2015-05-08
326 shares Johnson Johnson P 2013-05-09 2015-05-08
367 shares J2 Global Inc P 2013-05-09 2015-05-08
108 shares Kla Tencor P 2013-05-09 2013-05-08
575 shares Kimberly Clark P 2013-05-09 2015-05-08
487 shares Kohls Corp P 2013-05-09 2015-05-08
833 shares Kraft Foods P 2013-05-09 2015-05-08
69 shares Lockheed Martin P 2013-05-09 2015-05-08
333 shares Lorillard Inc P 2013-05-09 2015-05-08
261 shares Mattel Inc P 2013-05-09 2015-03-27
490 shares McDonalds Corp P 2013-05-09 2015-05-08
949 shares Merck P 2013-05-09 2015-05-08
954 shares Microsoft Corp P 2013-05-09 2015-05-08
195 shares Microchip Tech P 2013-05-09 2015-05-08
311 shares Molson Coors P 2013-05-09 2015-05-08
627 shares Munich RE Group P 2013-05-09 2015-05-08
475 shares National Fuel P 2013-05-09 2015-05-08
956 shares National Grid PLC P 2013-05-09 2015-05-08
98 shares Nestle S A P 2013-05-09 2015-05-08
138 shares Novartis A G P 2011-08-01 2015-05-08
265 shares Nucor Corp P 2013-05-09 2015-05-08
374 shares Occidental Pete P 2013-05-09 2015-05-08
1240 shares Orkla A S P 2013-11-21 2015-05-08
526 shares Owens Minor P 2013-05-09 2015-05-08
367 shares PNC Finl P 2013-05-09 2015-05-08
1395 shares PPL Corp P 2013-05-09 2015-05-08
561 shares Pearson PLC P 2013-05-09 2015-05-08
371 shares Pepsico P 2013-05-09 2015-05-08
769 shares Philip Morris P 2014-01-07 2015-05-08
113 shares Philippine Long Distance P 2013-05-02 2015-04-10
269 shares Potash Corp P 2013-12-03 2015-05-08
302 shares Procter Gamble P 2013-05-09 2015-05-08
388 shares Qualcomm Inc P 2013-08-29 2015-05-08
275 shares Quest Diagnostics P 2014-02-14 2015-05-08
322 shares Realty Income Corp P 2013-07-08 2015-05-08
429 shares Regal Entertainment P 2013-05-09 2015-05-08
554 shares Republic Svcs P 2013-05-09 2015-05-08
1162 shares Reynolds American P 2013-05-09 2015-05-08
242 shares Roche Hldg P 2013-05-09 2015-05-08
945 shares Rogers Communications P 2013-05-09 2015-05-08
564 shares Royal Dutch P 2013-05-09 2015-05-08
243 shares Royal Dutch P 2013-05-09 2015-05-08
635 shares SSE PLC P 2013-05-09 2015-05-08
165 shares Sanofi Sponsored P 2013-05-09 2015-05-08
669 shares Senior HSG P 2013-05-09 2015-05-08
233 shares Severn Trent P 2013-05-09 2015-01-30
965 shares Shaw Communications P 2013-05-09 2015-05-08
1020 shares Southern Company P 2013-05-09 2015-05-08
361 shares Statoil ASA P 2013-11-14 2015-05-08
376 shares Svenska Handelsen P 2013-05-09 2015-05-08
387 shares Swisscom P 2013-05-09 2015-05-08
616 shares Sysco Corp P 2013-05-09 2015-05-08
793 shares Teco Energy P 2013-05-09 2015-05-08
360 shares Target Corp P 2013-05-09 2015-05-08
761 shares Telstra Corp P 2013-05-09 2015-05-08
1202 shares Terna Rete P 2013-05-09 2015-05-08
650 shares Thompson Reuters P 2013-05-09 2015-05-08
1110 shares Total S A P 2013-05-09 2015-05-08
577 shares US Bancorp P 2013-05-09 2015-05-08
338 shares Uniball Rodamco P 2014-03-06 2015-05-08
750 shares Unilever PLC P 2013-05-09 2015-05-08
256 shares United Parcel P 2013-05-09 2015-05-08
701 shares United Utilities P 2013-05-09 2015-05-08
367 shares Ventas Inc P 2013-09-16 2015-05-08
2075 shares Verizon Communications P 2013-05-06 2015-05-08
1140 shares Vinci S A P 2013-05-09 2015-05-08
451 shares Vevendia SA P 2013-05-09 2015-05-08
1138 shares Vodafone Group P 2011-08-04 2015-05-08
287 shares Wm Morrison P 2013-05-09 2015-02-09
174 shares Wal Mart P 2013-05-09 2015-05-08
157 shares Waste Mgt P 2013-05-09 2015-05-08
206 shares WF Company P 2013-05-21 2015-05-08
1329 shares Western Union P 2013-05-09 2015-05-08
265 shares Westpac BKG P 2013-05-09 2015-05-08
709 shares Williams Companies P 2013-12-05 2015-05-08
256 shares Wolters Kluwer P 2014-04-16 2015-05-08
539 shares Yara International P 2013-04-16 2015-05-08
172 shares Daimler AG P 2013-05-09 2015-05-08
616 shares Aircastle Limited P 2013-06-27 2015-05-08
192 shares Partnerre Limited P 2013-05-09 2015-05-08
259 shares Amerigas Partners P 2013-05-09 2015-05-08
274 shares Enterprise Products Ptrs P 2013-05-09 2015-05-08
113 shares Markwest Energy Partners P 2013-05-09 2015-05-08
278 shares Memorial Prod Partners P 2013-10-29 2015-05-08
133 shares Targa Resources Partners P 2013-12-06 2015-05-08
460 shares Williams Partners P 2013-05-09 2015-05-08
(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 130   107 23
b 14,829   13,046 1,783
c 5,690   6,084 -394
d 7,701   7,260 441
e 9,390   9,325 65
3,480   3,396 84
2,487,346   2,387,265 100,081
4,896   5,000 -104
7,261   7,165 96
198   228 -30
29,640   30,731 -1,091
853   1,009 -156
145   118 27
92   82 10
2,283   2,318 -35
376   303 73
11,104   11,746 -642
5,550   4,722 828
5,989   6,263 -274
3,513   5,346 -1,833
3,573   4,037 -464
20,361   21,212 -851
8,704   6,347 2,357
9,986   10,067 -81
1,579   1,791 -212
7,374   8,483 -1,109
12,100   11,920 180
3,968   4,073 -105
7,397   6,412 985
397   354 43
2,814,958   2,443,534 371,424
2,361   3,588 -1,227
7,477   7,455 22
16,038   11,604 4,434
31,966   31,657 309
13,408   13,669 -261
409   363 46
9,162   9,044 118
20,455   19,106 1,349
11,211   12,270 -1,059
11   9 2
428   333 95
611   540 71
298   326 -28
847   688 159
32,664   32,308 356
132   95 37
222   213 9
33,287   31,520 1,767
815   606 209
1,864   1,516 348
6,392   6,452 -60
856   790 66
13,743   12,780 963
3,256   3,118 138
28,099   29,926 -1,827
5,684   5,794 -110
7,707   9,140 -1,433
419   430 -11
20,184   31,342 -11,158
103   89 14
15,012   16,580 -1,568
32,482   29,404 3,078
97   105 -8
202   202  
5,045   4,595 450
25,514   25,423 91
8,288   8,121 167
290   262 28
6,673   6,281 392
5,646   5,807 -161
23,737   23,790 -53
3,937   4,514 -577
15,911   13,401 2,510
201   176 25
383   286 97
9,393   11,030 -1,637
107   111 -4
3,838   3,974 -136
648   855 -207
2,429   2,557 -128
5,060   4,918 142
13,714   12,263 1,451
8,956   9,360 -404
227   225 2
3,256   3,692 -436
8,701   9,091 -390
6,722   5,833 889
6,783   6,962 -179
119   121 -2
8,877   9,268 -391
486   357 129
113   132 -19
537   711 -174
7,952   7,399 553
3,080   3,055 25
30,187   27,850 2,337
604   609 -5
216   196 20
5,963   5,975 -12
180   223 -43
5,129   4,744 385
3,456   3,221 235
10,855   11,016 -161
33,942   32,576 1,366
307   227 80
1,548   1,830 -282
356   315 41
7,816   7,247 569
197   184 13
248   178 70
528   423 105
8,206   9,010 -804
5,903   5,703 200
67   73 -6
398   377 21
6,953   6,990 -37
2,387   3,306 -919
2,559   2,552 7
168   210 -42
7,129   4,869 2,260
20,353   16,731 3,622
62,525   56,982 5,543
10,926   7,368 3,558
85,012   58,681 26,331
14,853   12,741 2,112
13,172   11,544 1,628
10,669   5,490 5,179
7,273   5,152 2,121
8,563   5,983 2,580
20,134   15,123 5,011
13,874   13,453 421
34,920   37,230 -2,310
35,828   37,703 -1,875
19,772   13,563 6,209
17,676   15,128 2,548
6,343   10,301 -3,958
6,769   4,950 1,819
13,574   12,679 895
13,832   13,674 158
46,336   31,874 14,462
8,721   13,539 -4,818
15,658   16,494 -836
30,650   34,998 -4,348
13,847   9,904 3,943
10,602   11,017 -415
6,382   6,447 -65
2,015   1,703 312
5,694   5,202 492
38,412   37,275 1,137
10,754   10,447 307
21,572   14,281 7,291
6,680   5,210 1,470
32,954   27,471 5,483
9,894   6,817 3,077
12,066   8,175 3,891
8,473   5,097 3,376
61,583   57,528 4,055
12,014   12,337 -323
18,545   18,244 301
6,324   4,428 1,896
20,642   20,320 322
6,765   6,257 508
57,417   65,327 -7,910
24,490   26,788 -2,298
34   26 8
36,404   24,223 12,181
46,622   44,490 2,132
25,878   18,654 7,224
5,209   5,554 -345
38,162   26,508 11,654
22,233   23,168 -935
33,128   27,736 5,392
24,249   14,143 10,106
6,463   5,349 1,114
63,697   56,815 6,882
36,092   23,809 12,283
71,892   45,805 26,087
13,154   6,977 6,177
23,706   14,214 9,492
6,037   11,320 -5,283
48,187   49,062 -875
58,040   43,140 14,900
45,524   32,441 13,083
9,446   6,681 2,765
23,013   15,390 7,623
12,289   12,484 -195
30,507   30,499 8
66,757   60,235 6,522
7,642   6,904 738
14,226   9,867 4,359
12,970   12,033 937
28,941   32,134 -3,193
9,977   9,623 354
17,722   17,484 238
34,285   25,445 8,840
47,263   44,414 2,849
11,450   10,303 1,147
35,790   30,658 5,132
65,789   67,382 -1,593
7,236   8,103 -867
8,729   8,559 170
25,140   23,617 1,523
26,796   26,670 126
19,533   14,897 4,636
15,311   13,440 1,871
8,965   7,664 1,301
22,283   18,889 3,394
89,065   54,974 34,091
8,651   8,518 133
33,898   40,764 -6,866
36,564   40,325 -3,761
15,535   16,808 -1,273
16,148   15,786 362
8,228   8,951 -723
13,501   17,808 -4,307
7,515   6,574 941
21,975   22,181 -206
44,839   46,562 -1,723
7,560   8,342 -782
8,617   9,362 -745
23,045   17,570 5,475
22,597   21,048 1,549
14,845   14,365 480
28,724   24,771 3,953
18,560   18,840 -280
17,016   16,562 454
26,662   22,201 4,461
59,628   56,334 3,294
25,209   19,214 5,995
9,214   9,255 -41
33,442   32,504 938
25,767   22,568 3,199
21,625   16,044 5,581
25,532   22,999 2,533
103,977   107,675 -3,698
17,100   14,170 2,930
11,487   9,435 2,052
40,819   56,137 -15,318
3,896   6,512 -2,616
13,687   13,646 41
7,778   6,457 1,321
11,462   8,377 3,085
29,135   21,453 7,682
7,198   8,888 -1,690
36,076   26,711 9,365
8,297   7,323 974
13,317   11,128 2,189
16,787   9,850 6,937
15,259   10,771 4,488
25,133   17,627 7,506
12,329   11,917 412
9,155   8,407 748
7,502   7,368 134
4,515   5,812 -1,297
6,077   6,745 -668
22,704   26,940 -4,236
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        
b        
c        
d        
e        
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 819,347
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 190,252 3,794,295 0.050142
2013 204,576 3,582,512 0.057104
2012 500,795 3,671,454 0.136402
2011 266,439 3,814,375 0.069851
2010      
2
Total of line 1, column (d) .....................
20.313499
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
0.0627
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
3,917,814
5
Multiply line 4 by line 3......................
5
245,647
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
8,724
7
Add lines 5 and 6........................
7
254,371
8
Enter qualifying distributions from Part XII, line 4.............
8
121,811
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 17,448
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 17,448
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 17,448
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 5,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 15,000
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 2,448
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet   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)
    bulletAL
    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 ofbulletMichael E Williams Telephone no.bullet (205) 459-2152

    Located atbulletP O BOX 32ButlerAL ZIP+4bullet36904
    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
     
     
    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
    Michael E Williams Trustee
    30.00     		40,000 0 0
    P O BOX 32
    Butler,AL36904
    Patricia W Harris Trustee
    30.00     		40,000 0 0
    5476 Arrow Lake Rd
    Meridian,MS39301
    Jennifer W Clark Trustee
    30.00     		40,000 0 0
    324 Timberlane Rd
    Butler,AL36904
    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.............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   0
    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
    2,152,482
    b
    Average of monthly cash balances.......................
    1b
    1,096,066
    c
    Fair market value of all other assets (see instructions)................
    1c
    728,928
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,977,476
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,977,476
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    59,662
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,917,814
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    195,891
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    195,891
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    17,448
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    17,448
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    178,443
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    178,443
    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
    178,443
    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
    121,811
    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
    121,811
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    121,811
    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 7 178,443
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011...... 76,117
    c From 2012...... 318,725
    d From 2013...... 26,590
    e From 2014...... 5,419
    fTotal of lines 3a through e........ 426,851
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 121,811
    a Applied to 2014, but not more than line 2a  
    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..... 121,811
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2015. 56,632 56,632
    (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 5 370,219
    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 ..........     		0
    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 ......     		370,219
    10 Analysis of line 9:
    a Excess from 2011.... 19,485
    b Excess from 2012.... 318,725
    c Excess from 2013.... 26,590
    d Excess from 2014.... 5,419
    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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Michael E Williams
    P O Box 32
    Butler,AL36904
    (205) 459-2152
    michwil@tds.net
    bThe form in which applications should be submitted and information and materials they should include:
    Foundation applications provided upon request
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    None
    Form 990-PF (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
    Choctaw County Sheriffs Dept
    117 South Mulberry Ave
    Butler,AL36904     		    Project Lifesaver 1,000
    Town of Butler
    114 North Academy Ave
    Butler,AL36904     		    Senior citizens event 1,000
    Total .................................bullet 3a 2,000
    bApproved for future payment
    The Nehemiah Ministry
    P O Box 688
    Butler,AL36904     		    Charity services 1,000
    University of West Alabama
    UWA Station 6
    Livingston,AL35470     		    Chapel Project 289,000
    Choctaw County Community Dev Fdn
    P O Box 180
    Butler,AL36904     		    Community development 1,000
    Total .................................bullet 3b 291,000
    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 84  
    4 Dividends and interest from securities....     14 70,605  
    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 ............     		    18 819,347  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aLease income     		    16 10,570  
    bPatronage dividends     32 19,042  
    cOather income     14 109  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   919,757  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13919,757
    (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 AccountingFeesSchedule
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN:
    31-6632596
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting fees 4,855 0 0 2,427

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2015 AmortizationSchedule
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN:
    31-6632596
    Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
    LOAN FEES 2013-05-08 6,800 567 20 340 340 0 907

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2015 DepreciationSchedule
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN:
    31-6632596
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    SONY LAPTOP 2011-07-05 1,972 1,379 SL 5 394 197 0  
    LARGE TRAILER 2013-05-08 12,000 1,800 SL 10 1,200 1,200 0  
    SMALL TRAILER 2013-05-08 10,000 1,500 SL 10 1,000 1,000 0  
    STORAGE UNIT 2013-05-08 6,000 900 SL 10 600 600 0  
    KUBOTA TRACTOR 2013-06-21 33,650 5,048 SL 10 3,365 3,365 0  
    KUBOTA LOADER 2013-06-21 5,500 825 SL 10 550 550 0  
    BUSHOG CUTTER 2013-06-21 2,800 420 SL 10 280 280 0  
    FENCING 2014-02-26 1,440 72 SL 10 144 144 0  
    HAMILTON AG SPRAYER 2014-05-07 1,600 80 SL 10 160 160 0  

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN:
    31-6632596
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABM Industries 224 shares comm 0 0
    ATT Inc 2026 shares common 0 0
    Abbvie Inc 167 shares common 0 0
    ADT Corp 930 shares common 0 0
    Altria Group 1625 shares comm 0 0
    Ameren Corp 453 shares common 0 0
    American Elec 236 shares comm 0 0
    Apple Inc 84 shares common 0 0
    Astrazeneca PLC 104 shs comm 0 0
    Automatic Data 98 shares comm 0 0
    BAE Systems 640 shares common 0 0
    BASF SE Spons 142 shares comm 0 0
    BCE Inc 1054 shares common 0 0
    BP PLC 860 shares common 0 0
    Becton Dickinson 140 shs comm 0 0
    Bemis Inc 385 shares common 0 0
    BHP Billiton 125 shares comm 0 0
    Blackrock Inc 19 shares common 0 0
    Bob Evans Farms 512 shs common 0 0
    British Amern 123 shares Comm 0 0
    CME Group 546 shares common 0 0
    Centrica PLC 808 shares common 0 0
    Centruylink 447 shares common 0 0
    Chevron Corp 421 shares common 0 0
    Coca Cola 501 shares common 0 0
    Commonwealth Bank 121 shs comm 0 0
    Cinemark Hldg 555 shares commo 0 0
    Compass Group 574 shares comm 0 0
    ConcoPhillips 598 shares comm 0 0
    Correction Corp 423 shs comm 0 0
    Deutsche Telekom 1163 shs comm 0 0
    Dominion Res 462 shares common 0 0
    Donnelley 550 shares common 0 0
    Dow Chemical 234 shares common 0 0
    Du Pont 113 shares common 0 0
    Duke Energy 798 shares common 0 0
    Electricite 2910 shares common 0 0
    Emerson Elec 315 shares common 0 0
    Energizer Hldgs 165 shares com 0 0
    Compass Minerals 159 shs comm 0 0
    GEO Group 566 shares common 0 0
    Gallagher Arthur 141 shs comm 0 0
    General Mills 363 shares comm 0 0
    Glaxosmithkline 1512 shs comm 0 0
    HCP Inc 613 shares common 0 0
    Hasbro Inc 515 shares common 0 0
    Health Care 645 shares common 0 0
    Cyrusone 237 shs common 0 0
    Deutsche Post 199 shares comm 0 0
    Imperial Tobacco 262 shs comm 0 0
    Innophos Holdings 111 shs comm 0 0
    Intel Corp 1197 shares common 0 0
    Iron Mtn 1306 shares common 0 0
    Johnson Johnson 326 shs comm 0 0
    J2 Global 369 shares common 0 0
    Kla Tencor 108 shares common 0 0
    Kimberly Clark 577 shares comm 0 0
    Kohls Corp 498 shares common 0 0
    Kraft Foods 833 shares common 0 0
    Lockheed Martin 69 shs common 0 0
    Lorillard Inc 359 shares comm 0 0
    Mattel Inc 261 shares common 0 0
    Mcdonalds Corp 555 shares comm 0 0
    Merck Co 963 shares common 0 0
    Microsoft 1242 shares common 0 0
    Microchip Tech 195 shares comm 0 0
    Molson Coors 355 shares common 0 0
    Munich Re Group 917 shs common 0 0
    National Fuel 595 shares comm 0 0
    National Grid 962 shares comm 0 0
    Nestle SA 98 shares common 0 0
    Novartis A G 139 shares common 0 0
    Nucor Corp 265 shares common 0 0
    Occidental Pete 455 shs comm 0 0
    Orkla A S 1252 shares common 0 0
    Owens Minor 532 shares common 0 0
    PNC Finl 421 shares common 0 0
    PPL Corp 1395 shares common 0 0
    Peoples United 542 shares comm 0 0
    Pearson PLC 561 shares common 0 0
    Pepsico 374 shares common 0 0
    Philip Morris 769 shares comm 0 0
    Philippine Long 113 shs common 0 0
    Potash Corp 443 shares common 0 0
    Procter Gamble 595 shares comm 0 0
    Qualcomm 445 shares common 0 0
    Realty Income 322 shares comm 0 0
    Regal Entertain 511 shs comm 0 0
    Republic Svcs 559 shares comm 0 0
    Reynolds Amer 1167 shares comm 0 0
    Roche Hldg 245 shares common 0 0
    Rogers Comm 945 shares common 0 0
    Royal Dutch Shell 574 shs comm 0 0
    Royal Dutch Shell 246 shs comm 0 0
    SSE PLC 834 shares common 0 0
    Sanofi Spons 165 shares common 0 0
    Senior HSG 669 shares common 0 0
    Severn Trent 240 shares comm 0 0
    Shaw Comm 1108 shares common 0 0
    Southern Co 1020 shares common 0 0
    Statoil ASA 375 shares common 0 0
    Svenska Hand 385 shares common 0 0
    Swisscom AG 389 shares common 0 0
    Sysco Corp 748 shares common 0 0
    Teco Energy 793 shares common 0 0
    Target Corp 366 shares common 0 0
    Telstra Corp 761 shares common 0 0
    Turna Rete 1210 shares common 0 0
    Thompson Reuters 650 shs comm 0 0
    Total S A 1120 shares common 0 0
    US Bancorp 672 shares comm 0 0
    Unilever PLC 1427 shares comm 0 0
    United Parcel 262 shares comm 0 0
    United Utilities 708 shs comm 0 0
    Ventas Inc 367 shares common 0 0
    Verizon 2194 shares common 0 0
    Vinci S A 1152 shares common 0 0
    Vivendi S A 451 shares common 0 0
    Vodafone Group 1281 shs comm 0 0
    Wm Morrison 542 shares common 0 0
    Wal Mart 175 shares common 0 0
    Waste Mgt 157 shares common 0 0
    Wells Fargo 586 shares common 0 0
    Western Union 1343 shs common 0 0
    Westpac Bkg 322 shares common 0 0
    Williams Co 716 shares common 0 0
    Unibal Rodamco 451 shs comm 0 0
    Yara Intern 252 shares common 0 0
    Daimler AG 174 shares common 0 0
    Aircastle 626 shares common 0 0
    Partnerre Lmtd 196 shares comm 0 0
    Seagate Tech 143 shares common 0 0
    Halyard Health 1 shares common 0 0
    Kinder Morgan Inc 775 shs comm 0 0
    Motorola Solutions 313 shs com 0 0
    National Oilwell 377 shs comm 0 0
    Omnicom Group 303 shares comm 0 0
    Quest Diagnostic 499 shs comm 0 0
    Rio Tinto 157 shs common 0 0
    Wisconsin Energy 162 shs comm 0 0
    Wolters Kluwer 256 shs comm 0 0
    Cisco Systems 14000 shs common 380,170 380,170
    Gilead Sciences 25000 shs comm 2,529,750 2,529,750

    TY 2015 InvestmentsOtherSchedule2
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN:
    31-6632596
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Amerigas Partners LP   0 0
    Enterprise Products Partners LP   0 0
    Markwest Energy Partners LP   0 0
    Memorial Prodtn Partners LP   0 0
    Targa Resources Partners LP   0 0
    Williams Partners LP   0 0
    Land Sumter County Alabama   2,834,558 2,834,558
    FLCA 200 shares   1,000 1,000

    TY 2015 LandEtcSchedule2
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN:
    31-6632596
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Equipment 72,990 17,944 55,046 70,000
    Office equipment 1,972 1,773 199 500


    TY 2015 LegalFeesSchedule
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN:
    31-6632596
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal fees 446 0 0 446


    TY 2015 MortgagesAndNotesPayableSch
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN:
    31-6632596
    Total Mortgage Amount:  

    Item No. 1
    Lender's Name Raymond James
    Lender's Title  
    Relationship to Insider  
    Original Amount of Loan 830,409
    Balance Due 0
    Date of Note 2014-12
    Maturity Date  
    Repayment Terms  
    Interest Rate 5
    Security Provided by Borrower Security acct
    Purpose of Loan Margin loan
    Description of Lender Consideration  
    Consideration FMV 0

    Item No. 2
    Lender's Name Alabama Ag Credit FLCA
    Lender's Title  
    Relationship to Insider  
    Original Amount of Loan 1,971,000
    Balance Due 1,814,165
    Date of Note 2013-05
    Maturity Date 2033-05
    Repayment Terms semi annual
    Interest Rate 4.8
    Security Provided by Borrower Land
    Purpose of Loan Purchase land
    Description of Lender Consideration  
    Consideration FMV 0


    TY 2015 OtherAssetsSchedule
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN:
    31-6632596
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Loan fees net 6,233 5,893 5,893


    TY 2015 OtherDecreasesSchedule
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN:
    31-6632596
    Description Amount
    Unrealized gains and losses 498,367


    TY 2015 OtherExpensesSchedule
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN:
    31-6632596
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Office supplies 100 0 0 50
    Postage 60 0 0 30
    Services 6,859 6,859 0 0
    Maintenance and repairs 155 155 0 0
    Supplies 220 220 0 0
    Utilities 595 595 0 0
    Investment fees and expense 14,413 14,413 0 0
    Partnership loss 2,952 0 0 0


    TY 2015 OtherIncomeSchedule2
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN:
    31-6632596
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Patronage dividends 19,042 19,042 0
    Other investment income 109 109 0


    TY 2015 TaxesSchedule
    Name:
    THE ERNESTINE L LENOIR CHARITABLE TRUST
    EIN:
    31-6632596
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign taxes 2,901 2,901 0 0
    Property taxes 2,002 2,002 0 0
    Excise taxes 17,448 0 0 0