TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2014

Open to Public Inspection

For calendar year 2014, or tax year beginning 2014, and ending , 20

Name of foundation
ONG FIRST FRIENDS CHURCH TRUST 97310140

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 0634 Room/suite

City or town, state or province, country, and ZIP or foreign postal code
MILWAUKEE, WI532010634

A Employer identification number

93-0548829

B Telephone number (see instructions)

(503) 464-3580

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$6,610,288J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

	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)


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	152,206		152,206
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		253,196
b	Gross sales price for all assets on line 6a 2,788,556
7	Capital gain net income (from Part IV, line 2)...			253,196
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).......		20	20
12	Total. Add lines 1 through 11........	405,422		405,422
13	Compensation of officers, directors, trustees, etc.	87,025		78,322		8,703
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).......		1,500	0	0	1,500
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		4,799	4,799		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).......		1,262			1,262
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	94,586		83,121	0	11,465
25	Contributions, gifts, grants paid........	325,500				325,500
26	Total expenses and disbursements. Add lines 24 and 25	420,086		83,121	0	336,965
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-14,664
b	Net investment income (if negative, enter -0-)			322,301
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2014)

Form 990-PF (2014)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	776
	2	Savings and temporary cash investments..........	79,159	20,716	20,716
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	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)........	2,503,579	2,846,351	3,453,801
	c	Investments—corporate bonds (attach schedule)........	3,586,869	3,288,637	3,135,771
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........			0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	6,170,383	6,155,704	6,610,288
	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 )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	6,170,383	6,155,704
	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)......	6,170,383	6,155,704
	31	Total liabilities and net assets/fund balances (see instructions)..	6,170,383	6,155,704

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	6,170,383
2	Enter amount from Part I, line 27a.....................	2	-14,664
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	6,155,719
5	Decreases not included in line 2 (itemize)	5	15
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	6,155,704

Form 990-PF (2014)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	.2 ITAU UNIBANCO HOLDINGS SA A D R		2013-02-20	2014-07-01
b	.5 AAON INC		2013-02-20	2014-07-22
c	279. HITTITE MICROWAVE CORP		2013-07-02	2014-07-23
d	.6 AIR LIQUIDE S A A D R		2012-07-05	2014-07-24
e	164. MICROS SYS INC		2013-07-02	2014-09-08
	137. AAON INC		2013-02-20	2014-09-23
	35. AIA GROUP LTD A D R		2012-07-05	2014-09-23
	61. AT&T INC		2012-07-05	2014-09-23
	300. AARONS INC		2013-07-02	2014-09-23
	35. ABBVIE INC		2012-07-05	2014-09-23
	32. ACCOR SA A D R		2013-07-02	2014-09-23
	19. AIR LIQUIDE S A A D R		2012-07-05	2014-09-23
	3. ALLIANCE DATA SYSTEMS CORP		2013-07-02	2014-09-23
	42. ALLIANZ SE A D R		2012-07-05	2014-09-23
	2272. ALSTOM SA UNSPON A D R		2013-07-02	2014-09-23
	69. AMERICA MOVIL S A DE C V SPONSORED ADR REPSTG SER L SHS		2012-07-05	2014-09-23
	133.631 AMER CENT DIVERSIFI BOND INS		2012-04-26	2014-09-23
	127. AMERICAN EXPRESS CO		2012-07-05	2014-09-23
	4. ANHEUSER BUSCH INBEV NV A D R		2012-07-05	2014-09-23
	4. APOGEE ENTERPRISES INC		2013-02-20	2014-09-23
	241. APPLE COMPUTER INC		2012-07-05	2014-09-23
	9. ARM HLDGS PLC A D R		2012-07-05	2014-09-23
	556. ASAHI KASEI CORP A D R		2012-07-05	2014-09-23
	1. ASTEC INDUSTRIES INC		2013-02-20	2014-09-23
	283. ASTRAZENECA P L C SPSD A D R		2013-02-20	2014-09-23
	35. ASTRONICS CORP		2013-02-20	2014-09-23
	23. ASTRONICS CORP		2013-02-20	2014-09-23
	16. ATLAS COPCO AB SPONS A D R		2012-07-05	2014-09-23
	1. ATRION CORPORATION		2013-02-20	2014-09-23
	40. BAIDU COM INC A D R		2013-07-02	2014-09-23
	59. BALCHEM CORP		2013-02-20	2014-09-23
	1. BALDWIN LYONS INC CL B		2013-10-22	2014-09-23
	14. BANCO BILBAO VIZCAYA ARGEN A D R		2013-07-02	2014-09-23
	1. BAR HBR BANKSHARES		2013-02-20	2014-09-23
	4. BAYERISCHE MOTOREN WERK UNSPON A D R		2013-02-20	2014-09-23
	8. BLACKROCK INC		2012-07-05	2014-09-23
	1713. BOMBARDIER INC CL B		2012-07-05	2014-09-23
	770. BOMBARDIER INC CL B		2013-10-22	2014-09-23
	41. BRITISH AMER SPON ADR		2013-02-20	2014-09-23
	6. CPI AEROSTRUCTURES INC		2013-02-20	2014-09-23
	8. CSL LIMITED A D R		2012-07-05	2014-09-23
	48. CVS CORP COM		2013-02-20	2014-09-23
	1. CABOT MICROELECTRONICS CORPORATION		2012-07-05	2014-09-23
	2. CAL MAINE FOODS INC		2013-02-20	2014-09-23
	7. CAMDEN PPTY TR SBI		2013-02-20	2014-09-23
	3. CANADIAN NATL RY CO COM		2012-07-05	2014-09-23
	251. CAPGEMINI SA A D R		2013-02-20	2014-09-23
	55. CARBO CERAMICS INC		2013-07-02	2014-09-23
	8. CARTERS INC		2013-10-22	2014-09-23
	12. CHEVRONTEXACO CORP COM		2012-07-05	2014-09-23
	14. CHURCH AND DWIGHT CO INC		2012-07-05	2014-09-23
	33. CINTAS CORP		2013-07-02	2014-09-23
	14. CLARCOR INC		2013-10-22	2014-09-23
	282. COCA COLA CO		2012-07-05	2014-09-23
	195. COCA COLA ENTERPRISES INC		2012-07-05	2014-09-23
	149. COCHLEAR LTD UNSPON A D R		2013-07-02	2014-09-23
	7. COHEN STEERS INC		2013-02-20	2014-09-23
	2. COLUMBUS MCKINNON CORPORATION		2013-02-20	2014-09-23
	119. COMPANHIA PARANAENSE ENER SP A D R		2013-07-02	2014-09-23
	2. COMPUTER PROGRAMS & SYSTEMS		2013-02-20	2014-09-23
	12. COOPER COS INC		2013-07-02	2014-09-23
	7. COPART INC		2013-02-20	2014-09-23
	1. CUBIC CORP		2013-02-20	2014-09-23
	18. CULLEN FROST BANKERS INC		2012-07-05	2014-09-23
	48. CUMMINS INC		2012-07-05	2014-09-23
	157. DBS GROUP HOLDINGS LTD - SPON ADR		2012-07-05	2014-09-23
	8. DASSAULT SYSTEMES SA A D R		2012-07-05	2014-09-23
	3. DAWSON GEOPHYSICAL CO		2013-02-20	2014-09-23
	169. DR REDDYS LABORATORIES LTD A D R		2013-07-02	2014-09-23
	10. DR REDDYS LABORATORIES LTD A D R		2013-10-22	2014-09-23
	2. DONALDSON CO INC		2012-07-05	2014-09-23
	47. EAGLE MATERIALS INC		2013-02-20	2014-09-23
	24. EQUIFAX INC		2013-07-02	2014-09-23
	419. DELHAIZE GROUP SPONS A D R		2013-07-02	2014-09-23
	153. FLIR SYSTEMS INC		2013-02-20	2014-09-23
	123. FAMILY DOLLAR STORES		2013-02-20	2014-09-23
	16. FANUC CORPORATION A D R		2012-07-05	2014-09-23
	22. FIDELITY NATL INFORMATION SVCS INC		2012-07-05	2014-09-23
	1. FIRST LONG ISLAND CORP		2013-02-20	2014-09-23
	3. FLOWERS FOODS INC		2013-02-20	2014-09-23
	431. FLY LEASING LTD A D R		2013-02-20	2014-09-23
	3. FORRESTER RESH INC		2013-02-20	2014-09-23
	1. FOSTER L B CO CL A		2013-02-20	2014-09-23
	436. OAO GAZPROM SPON A D R		2013-02-20	2014-09-23
	182. GILEAD SCIENCES INC COM		2012-07-05	2014-09-23
	6. GOOGLE INC CL A		2012-07-05	2014-09-23
	6. GOOGLE INC CL C		2012-07-05	2014-09-23
	7. GORMAN RUPP CO		2013-02-20	2014-09-23
	5. GRAHAM CORP		2013-02-20	2014-09-23
	120. GRUPO SIMEC A D R		2013-02-20	2014-09-23
	8. GULF IS FABRICATION INC		2013-02-20	2014-09-23
	1. GULFMARK OFFSHORE INC CL A		2013-02-20	2014-09-23
	22. HAIN CELESTIAL GROUP INC		2012-07-05	2014-09-23
	12. HARDINGE INC		2013-02-20	2014-09-23
	1. HAWKINS INC		2013-02-20	2014-09-23
	556. HEARTLAND EXPRESS INC		2013-07-02	2014-09-23
	74. HEARTLAND EXPRESS INC		2013-10-22	2014-09-23
	1. H E I C O CORPORATION CL A		2013-02-20	2014-09-23
	8. HEINEKEN NV SPON A D R		2012-07-05	2014-09-23
	9. JACK HENRY ASSOCIATES INC		2013-02-20	2014-09-23
	85. HITACHI LTD A D R		2013-10-22	2014-09-23
	10. HONG KONG EXCHANGES A D R		2013-07-02	2014-09-23
	183. HONG KONG TELEVISION NE A D R		2013-02-20	2014-09-23
	79. HUBBELL INC CL B		2013-02-20	2014-09-23
	1. ICU MEDICAL INC		2013-02-20	2014-09-23
	682. ICAP PLC A D R		2013-02-20	2014-09-23
	11. ICICI BANK LTD A D R		2012-07-05	2014-09-23
	6. IDEXX LABS INC		2012-07-05	2014-09-23
	162. INDUSTRIAS BACHOCO SAB DE CV A D R		2013-07-02	2014-09-23
	67. INFOSYS TECHNOLOGIES SP A D R		2013-10-22	2014-09-23
	4. INGREDION INC		2013-10-22	2014-09-23
	118. INGREDION INC		2013-07-02	2014-09-23
	54. ITAU UNIBANCO HOLDINGS SA A D R		2012-07-05	2014-09-23
	34. ITC HOLDINGS CORP		2012-07-05	2014-09-23
	1. J & J SNACK FOODS CORP		2013-02-20	2014-09-23
	5. JGC CORP UNSPON A D R		2012-07-05	2014-09-23
	36. J P MORGAN CHASE & CO		2012-07-05	2014-09-23
	28. JARDEN CORP		2013-02-20	2014-09-23
	7. K M G CHEMICALS INC		2013-02-20	2014-09-23
	225. KAO CORP A D R		2012-07-05	2014-09-23
	37. KAO CORP A D R		2013-10-22	2014-09-23
	.0348 KINDER MORGAN MANAGEMENT L L C		2014-05-20	2014-09-23
	.9652 KINDER MORGAN MANAGEMENT L L C		2013-02-14	2014-09-23
	32. KINDER MORGAN INC		2012-07-05	2014-09-23
	340. KOMATSU LTD - SPON ADR		2013-07-02	2014-09-23
	190. KOSS CORP		2013-02-20	2014-09-23
	13. LOREAL UNSPON A D R		2012-07-05	2014-09-23
	9. LAKELAND INDUSTRIES INC		2013-02-20	2014-09-23
	33. LINCOLN ELEC HLDGS INC		2012-07-05	2014-09-23
	67. LOWES COMPANIES INC		2013-02-20	2014-09-23
	4. M F R I INC		2013-02-20	2014-09-23
	1. MSA SAFETY INC		2013-02-20	2014-09-23
	1. MARTEN TRANSPORTATION LTD		2013-02-20	2014-09-23
	20. MCCORMICK & CO INC COM		2012-07-05	2014-09-23
	8. MICROSOFT CORP		2012-07-05	2014-09-23
	28. MITSUI & CO LTD SPSD ADR		2013-07-02	2014-09-23
	340. MIZUHO FNL GRP A D R		2013-02-20	2014-09-23
	7. MONARCH CASINO & RESORT INC		2013-02-20	2014-09-23
	61. MONRO MUFFLER BRAKE INC		2013-02-20	2014-09-23
	160. MONSTER BEVERAGE CORP		2013-02-20	2014-09-23
	17. MONSTER BEVERAGE CORP		2013-10-22	2014-09-23
	142. MOTOROLA SOLUTIONS INC		2012-07-05	2014-09-23
	221. MYLAN LABS INC COM		2012-07-05	2014-09-23
	1. NATIONAL PRESTO INDS INC		2013-02-20	2014-09-23
	8. NESTLE S A SPONSORED ADR REPSTG REG SH		2012-07-05	2014-09-23
	19. NEXTERA ENERGY INC		2012-07-05	2014-09-23
	556. NIPPON TELEG & TEL CORP SPON ADR		2013-02-20	2014-09-23
	263. NOKIAN TYRES OYJ UNSPON A D R		2012-07-05	2014-09-23
	31. NOVO-NORDISK A S SPONSORED ADR		2012-07-05	2014-09-23
	188.008 NUVEEN REAL ESTATE SECS I		2004-12-22	2014-09-23
	8. O REILLY AUTOMOTIVE INC		2012-07-05	2014-09-23
	81. OLD DOMINION FGHT LINE INC		2013-07-02	2014-09-23
	41. ONE GAS INC W I		2012-07-05	2014-09-23
	167. ONEOK INC		2012-07-05	2014-09-23
	159. ORIX CORP SPONS A D R		2013-02-20	2014-09-23
	32. POSCO A D R		2013-10-22	2014-09-23
	197. PETROLEO BRASILEIRO S A A D R		2013-02-20	2014-09-23
	117. PETSMART INC		2013-02-20	2014-09-23
	72. PFIZER INC COMMON STOCK		2012-07-05	2014-09-23
	23. PHILIP MORRIS INTL		2012-07-05	2014-09-23
	18. PHILLIPS 66		2013-02-20	2014-09-23
	156. PIKE CORPORATION		2013-10-22	2014-09-23
	1. POOL CORPORATION		2013-02-20	2014-09-23
	61. PT INDOSAT A D R		2013-02-20	2014-09-23
	26. QUALCOMM INC		2012-07-05	2014-09-23
	39. RAYMOND JAMES FINL INC		2013-07-02	2014-09-23
	46. ROCHE HLDG LTD SPONSORED ADR		2012-07-05	2014-09-23
	2. ROSS STORES INC		2012-07-05	2014-09-23
	393. ROYAL DUTCH SHELL PLC A D R		2013-02-20	2014-09-23
	1. SANDERSON FARMS INC		2013-02-20	2014-09-23
	152. SAP AG SPONSORED ADR		2012-07-05	2014-09-23
	3. SASOL LTD SPONSORED ADR		2012-07-05	2014-09-23
	179. SCANSOURCE INC		2013-02-20	2014-09-23
	4. SCHEIN HENRY INC COMMON STOCK		2013-02-20	2014-09-23
	23. SCHLUMBERGER LTD ISIN #AN8068571086		2012-07-05	2014-09-23
	21. SCHNEIDER ELECT SE UNSP A D R		2012-07-05	2014-09-23
	435. SCHWAB CHARLES CORP		2012-07-05	2014-09-23
	75. SHIRE PHARMACEUTICALS GR SPONSORED ADR		2013-10-22	2014-09-23
	82. SHIRE PHARMACEUTICALS GR SPONSORED ADR		2013-02-20	2014-09-23
	6. SIFCO INDS INC		2013-02-20	2014-09-23
	18. SIGMA ALDRICH CORP		2012-07-05	2014-09-23
	14. SIGNATURE BK		2012-07-05	2014-09-23
	1. SIRONA DENTAL SYSTEMS INC		2013-02-20	2014-09-23
	192. SKYWORKS SOLUTIONS INC		2012-07-05	2014-09-23
	125. SMITH NEPHEW PLC SPON A D R		2013-02-20	2014-09-23
	182. SMITH A O CORP		2013-07-02	2014-09-23
	9. SONOVA HOLDING UNSPON ADR		2012-07-05	2014-09-23
	450. SONY FINANCIAL HOLD A D R		2012-07-05	2014-09-23
	287. SOUTHERN COPPER CORP DEL		2012-07-05	2014-09-23
	2. SPAN AMERICA MEDICAL SYS INC		2013-02-20	2014-09-23
	403. SUMITOMO MITSUI FINL GROUP A D R		2013-02-20	2014-09-23
	5. SUN HYDRAULICS CORP		2013-02-20	2014-09-23
	15. SUNCOR ENERGY INC		2012-07-05	2014-09-23
	6. SVENSKA HANDELSBANKEN A UNSP A D R		2013-02-20	2014-09-23
	6. SWATCH GROUP AG A D R		2012-07-05	2014-09-23
	9. SYNALLOY CORP		2013-02-20	2014-09-23
	21. SYSMEX CORP UNSPON A D R		2012-07-05	2014-09-23
	68. TECHNE CORP		2013-02-20	2014-09-23
	274. TECHNIP-COFLEXIP A D R		2013-07-02	2014-09-23
	736. TESCO PLC A D R		2013-07-02	2014-09-23
	105. TEVA PHARMACEUTICALS INDS LTD ADR		2012-07-05	2014-09-23
	130. TEVA PHARMACEUTICALS INDS LTD ADR		2013-07-02	2014-09-23
	7. TEXAS ROADHOUSE INC		2013-07-02	2014-09-23
	328. TIBCO SOFTWARE INC		2013-02-20	2014-09-23
	30. TIME WARNER CABLE INC		2012-07-05	2014-09-23
	79. TOTAL SA SPON A D R		2013-07-02	2014-09-23
	64. TOYOTA MTR CORP COM (ADR 2)		2013-02-20	2014-09-23
	54. TOYOTA MTR CORP COM (ADR 2)		2013-10-22	2014-09-23
	142. TRINITY BIOTECH PLC SPON A D R		2013-02-20	2014-09-23
	139. TRINITY BIOTECH PLC SPON A D R		2013-10-22	2014-09-23
	125. TURKIYE GARANTI BANKASI A S A D R		2012-07-05	2014-09-23
	5. TWIN DISC INC		2013-02-20	2014-09-23
	38. UNI CHARM CORPORATION A D R		2012-07-05	2014-09-23
	3. UNILEVER PLC SPON A D R		2012-07-05	2014-09-23
	31. UNION PACIFIC CORPORATION COMMON STOCK		2012-07-05	2014-09-23
	103. UNITED THERAPEUTICS CORP		2013-02-20	2014-09-23
	71. UTAH MED PRODS INC		2013-02-20	2014-09-23
	36. V F CORPORATION COMMON STOCK		2012-07-05	2014-09-23
	1. VALUE LINE INC		2013-02-20	2014-09-23
	9. VARIAN MED SYS INC		2012-07-05	2014-09-23
	59. VERIZON COMMUNICATIONS		2014-02-24	2014-09-23
	8. VISA INC		2012-07-05	2014-09-23
	142. WNS HOLDINGS LTD ADR		2013-07-02	2014-09-23
	4. WPP PLC SPON A D R		2012-07-05	2014-09-23
	128. WABTEC CORP		2012-07-05	2014-09-23
	16. WACOAL HOLDINGS CORP A D R		2013-02-20	2014-09-23
	1. WEIS MKTS INC		2013-02-20	2014-09-23
	39. WELLS FARGO & CO NEW		2012-07-05	2014-09-23
	10. WHIRLPOOL CORP COM W/RTS ATTACHED EXP 05/22/2008		2013-07-02	2014-09-23
	989. XINYUAN REAL ESTATE CO LTD A D R		2013-02-20	2014-09-23
	4. XINYI GLASS HOLDINGS LTS A D R		2013-02-20	2014-09-23
	140. YUM! BRANDS INC COM		2012-07-05	2014-09-23
	1. ZEP INC		2013-02-20	2014-09-23
	7. DAIMLERCHRYSLER AG COM		2012-07-05	2014-09-23
	13. ACCENTURE PLC CL A		2012-07-05	2014-09-23
	20. BUNGE LIMITED		2012-07-05	2014-09-23
	17. COVIDIEN PLC		2013-07-02	2014-09-23
	132. EATON CORP PLC		2012-11-30	2014-09-23
	41. SEADRILL LIMITED		2012-07-05	2014-09-23
	12. PERRIGO CO PLC		2013-12-19	2014-09-23
	30. ACE LTD		2013-07-02	2014-09-23
	24. CHECK POINT SOFTWARE TECH LTD		2013-07-02	2014-09-23
	156. VISTAPRINT NV		2013-10-22	2014-09-23
	15270.278 AMER CENT DIVERSIFI BOND INS		2012-04-26	2014-09-30
	47354.071 P I M C O FDS TOTAL RETURN FD		2013-07-02	2014-09-30
	. AMERICAN INTL GROUP INC			2014-11-21
	350. IPATH DOW JONES UBS COMMODITY		2012-04-26	2014-12-01
	497. IPATH DOW JONES UBS COMMODITY		2014-09-23	2014-12-01
	.5 JARDEN CORP		2013-02-20	2014-12-04
	.629 KINDER MORGAN INC		2013-10-22	2015-01-14
	26. APPLE COMPUTER INC		2012-07-05	2015-01-16
	34. ASTRAZENECA P L C SPSD A D R		2013-02-20	2015-01-16
	72. ASTRONICS CORP		2013-02-20	2015-01-16
	26. ASTRONICS CORP CL B		2013-02-20	2015-01-16
	159. BP AMOCO PLC SPONSORED ADR		2014-09-23	2015-01-16
	163. BANK OF NEW YORK MELLON CORP		2013-10-22	2015-01-16
	24. BERKSHIRE HATHAWAY INC CL B		2012-07-05	2015-01-16
	113. BIO TECHNE CORP		2013-02-20	2015-01-16
	170. BUCKLE INC		2013-02-20	2015-01-16
	137. C J ENERGY SERVICES INC		2013-07-02	2015-01-16
	149. C J ENERGY SERVICES INC		2014-09-23	2015-01-16
	3. CAMDEN PPTY TR SBI		2013-02-20	2015-01-16
	66. CHINA MOBILE HONG KONG LTD SPONSORED ADR		2014-09-23	2015-01-16
	8. CHURCH AND DWIGHT CO INC		2012-07-05	2015-01-16
	8. CINTAS CORP		2013-07-02	2015-01-16
	54. COGNIZANT TECH SOLUTIONS CL A		2012-07-05	2015-01-16
	37917.371 COLUMBIA INCOME FD CL Z		2014-09-30	2015-01-16
	144. COMPANHIA PARANAENSE ENER SP A D R		2013-07-02	2015-01-16
	206. DONALDSON CO INC		2013-07-02	2015-01-16
	35179.28 DOUBLELINE TOTAL RET BD I		2014-09-30	2015-01-16
	331. E M C CORP MASS		2012-07-05	2015-01-16
	24. ENN ENERGY HOLDINGS LTD A D R		2014-09-23	2015-01-16
	13. EXPRESS SCRIPTS HLDGS C		2012-07-05	2015-01-16
	241. FLIR SYSTEMS INC		2013-02-20	2015-01-16
	31. FLY LEASING LTD A D R		2013-02-20	2015-01-16
	35. FREIGHTCAR AMER INC		2014-09-23	2015-01-16
	138. GLAXO SMITHKLINE P L C A D R		2014-09-23	2015-01-16
	1. JACK HENRY ASSOCIATES INC		2013-02-20	2015-01-16
	15. IDEXX LABS INC		2012-07-05	2015-01-16
	161. ITAU UNIBANCO HOLDINGS SA A D R		2012-07-05	2015-01-16
	4. JARDEN CORP		2013-02-20	2015-01-16
	26. KINDER MORGAN INC		2012-07-05	2015-01-16
	336. LG DISPLAY CO LTD A D R		2013-07-02	2015-01-16
	84. LG DISPLAY CO LTD A D R		2014-09-23	2015-01-16
	221. LVMH MOET HENNESSY A D R		2013-07-02	2015-01-16
	100. LAKELAND INDUSTRIES INC		2013-02-20	2015-01-16
	10. LENNOX INTERNATIONAL INC		2014-09-23	2015-01-16
	73. MERCADOLIBRE INC		2013-02-20	2015-01-16
	1. METTLER TOLEDO INTL INC		2014-09-23	2015-01-16
	206. MITCHAM INDS INC		2014-09-23	2015-01-16
	26. NIPPON TELEG & TEL CORP SPON ADR		2013-02-20	2015-01-16
	307.734 NUVEEN REAL ESTATE SECS I		2004-12-22	2015-01-16
	5. O REILLY AUTOMOTIVE INC		2012-07-05	2015-01-16
	36. PHILIPPINE LONG DIST SP A D R		2014-09-23	2015-01-16
	113. ROSS STORES INC		2013-02-20	2015-01-16
	6. SCHEIN HENRY INC COMMON STOCK		2013-02-20	2015-01-16
	84. SIGMA ALDRICH CORP		2013-10-22	2015-01-16
	19. SKYWORKS SOLUTIONS INC		2013-02-20	2015-01-16
	456. SMITH NEPHEW PLC SPON A D R		2013-10-22	2015-01-16
	275. SONY CORP A D R		2014-09-23	2015-01-16
	8. STERICYCLE INC COMMON STOCK		2012-07-05	2015-01-16
	210. SUNCOR ENERGY INC		2013-07-02	2015-01-16
	93. TATA MOTORS LTD A D R		2014-09-23	2015-01-16
	31. TEVA PHARMACEUTICALS INDS LTD ADR		2013-07-02	2015-01-16
	38. TEXAS ROADHOUSE INC		2013-07-02	2015-01-16
	17. TORAY INDUSTRIES INC A D R		2014-09-23	2015-01-16
	89. TOTAL SA SPON A D R		2013-07-02	2015-01-16
	1. TUPPERWARE BRANDS CORP		2013-07-02	2015-01-16
	5. VISA INC		2012-07-05	2015-01-16
	3. WILLIAMS SONOMA INC		2014-09-23	2015-01-16
	231. SEADRILL LIMITED		2013-10-22	2015-01-16
	27. PERRIGO CO PLC		2013-12-19	2015-01-16
	1. PERRIGO CO PLC		2013-12-19	2015-01-16
	243. TRANSOCEAN LTD		2014-09-23	2015-01-16
	5. CHECK POINT SOFTWARE TECH LTD		2013-07-02	2015-01-16
	773. IPATH DOW JONES UBS COMMODITY		2015-01-16	2015-01-22
	882.379 NUVEEN REAL ESTATE SECS I		2013-10-22	2015-01-22
	108. COVIDIEN PLC		2013-10-22	2015-01-27
	8. COVIDIEN PLC		2015-01-16	2015-01-27
	.896 MEDTRONIC PLC		2015-01-27	2015-02-05
	.04 DAWSON GEOPHYSICAL CO		2013-02-20	2015-02-26
	1167.327 AMER CENT DIVERSIFI BOND INS		2015-01-16	2015-03-03
	945.059 NUVEEN REAL ESTATE SECS I		2012-04-26	2015-03-03
	332. IPATH DOW JONES UBS COMMODITY		2015-01-16	2015-03-24
	3930.264 NUVEEN HIGH INCOME BOND FD CL I		2013-10-22	2015-03-24
	1564.076 NUVEEN REAL ESTATE SECS I		2012-04-26	2015-03-24
	530.292 NUVEEN INFLATION PRO SEC CL I		2013-02-20	2015-03-24
	1590.169 NUVEEN INFLATION PRO SEC CL I		2015-01-16	2015-03-24
	. LAUDUS ROSENBERG II			2015-04-15
	.08 TOOTSIE ROLL INDS		2013-02-20	2015-04-21
	. ENRON CORP			2015-05-05
	.0494 GOOGLE INC CL C		2012-07-05	2015-05-07
	.2 SOUTH32 LTD A D R		2015-05-29	2015-06-11
	65. ZEP INC		2013-02-20	2015-06-26
	9. ZEP INC		2015-01-16	2015-06-26
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	3	3
b	11	5	6
c	21,762	18,129	3,633
d	16	12	4
e	11,152	8,107	3,045
	2,440	1,466	974
	743	496	247
	2,158	2,184	-26
	7,485	8,665	-1,180
	1,984	1,182	802
	293	231	62
	474	390	84
	725	538	187
	745	414	331
	7,838	9,479	-1,641
	1,764	1,785	-21
	1,443	1,482	-39
	11,271	7,570	3,701
	454	314	140
	163	100	63
	24,492	21,124	3,368
	406	219	187
	9,268	6,060	3,208
	38	36	2
	20,039	12,851	7,188
	1,835	623	1,212
	1,206	512	694
	466	352	114
	302	206	96
	8,569	3,625	4,944
	3,336	2,261	1,075
	25	28	-3
	172	118	54
	29	24	5
	145	126	19
	2,606	1,373	1,233
	5,310	7,280	-1,970
	2,387	4,066	-1,679
	4,767	4,369	398
	60	59	1
	260	161	99
	3,862	2,513	1,349
	41	30	11
	180	82	98
	480	502	-22
	218	128	90
	9,194	6,185	3,009
	3,826	3,664	162
	626	599	27
	1,482	1,275	207
	984	795	189
	2,209	1,510	699
	890	823	67
	11,844	11,052	792
	8,929	5,558	3,371
	4,382	5,019	-637
	273	231	42
	47	42	5
	1,680	1,449	231
	115	104	11
	1,887	1,457	430
	233	245	-12
	46	44	2
	1,421	1,047	374
	6,470	4,804	1,666
	9,048	6,979	2,069
	538	377	161
	65	96	-31
	8,784	6,468	2,316
	520	398	122
	81	68	13
	4,844	3,048	1,796
	1,814	1,423	391
	7,169	5,021	2,148
	4,976	4,120	856
	9,650	6,758	2,892
	468	450	18
	1,256	763	493
	36	30	6
	55	56	-1
	5,599	5,928	-329
	113	83	30
	47	45	2
	3,052	4,159	-1,107
	19,063	4,700	14,363
	3,567	1,800	1,767
	3,510	1,794	1,716
	213	166	47
	151	118	33
	1,586	1,689	-103
	141	197	-56
	35	40	-5
	2,223	1,230	993
	131	157	-26
	35	39	-4
	13,494	7,738	5,756
	1,796	1,082	714
	41	29	12
	296	209	87
	507	397	110
	6,468	5,384	1,084
	222	151	71
	1,171	1,211	-40
	9,691	7,464	2,227
	61	57	4
	8,709	7,386	1,323
	574	368	206
	683	580	103
	9,643	5,605	4,038
	3,923	3,674	249
	307	273	34
	9,061	8,011	1,050
	838	655	183
	1,223	799	424
	95	70	25
	267	299	-32
	2,187	1,247	940
	1,682	1,123	559
	113	141	-28
	8,676	6,210	2,466
	1,427	1,180	247
	3	2	1
	89	66	23
	1,215	1,065	150
	7,963	8,255	-292
	374	967	-593
	414	301	113
	65	45	20
	2,333	1,462	871
	3,562	2,629	933
	37	29	8
	53	50	3
	18	14	4
	1,340	1,230	110
	374	246	128
	9,210	7,323	1,887
	1,234	1,508	-274
	89	71	18
	3,011	2,410	601
	14,656	8,037	6,619
	1,557	979	578
	8,721	6,870	1,851
	9,992	4,840	5,152
	63	76	-13
	594	481	113
	1,790	1,306	484
	17,364	12,798	4,566
	3,971	5,239	-1,268
	1,478	915	563
	4,211	3,767	444
	1,213	694	519
	5,687	3,468	2,219
	1,460	892	568
	11,147	6,258	4,889
	11,142	8,996	2,146
	2,563	2,423	140
	3,191	3,150	41
	8,145	7,832	313
	2,129	1,641	488
	1,950	2,044	-94
	1,515	1,155	360
	1,858	1,734	124
	55	47	8
	894	2,131	-1,237
	1,983	1,474	509
	2,142	1,687	455
	1,720	985	735
	149	135	14
	30,626	26,031	4,595
	89	53	36
	11,318	8,980	2,338
	167	129	38
	6,372	5,481	891
	467	356	111
	2,354	1,523	831
	329	230	99
	13,089	5,620	7,469
	18,671	9,154	9,517
	20,413	7,814	12,599
	163	100	63
	2,446	1,330	1,116
	1,611	863	748
	77	71	6
	10,812	5,326	5,486
	10,621	6,814	3,807
	8,752	6,796	1,956
	286	174	112
	6,979	7,363	-384
	8,529	8,954	-425
	38	38
	3,325	3,336	-11
	190	145	45
	561	452	109
	142	131	11
	148	119	29
	153	129	24
	389	214	175
	6,335	5,063	1,272
	5,620	7,080	-1,460
	6,859	11,027	-4,168
	5,348	4,225	1,123
	6,621	5,088	1,533
	188	178	10
	6,215	7,306	-1,091
	4,490	2,469	2,021
	4,948	3,817	1,131
	7,574	6,613	961
	6,391	7,050	-659
	2,753	2,435	318
	2,694	3,299	-605
	454	495	-41
	135	132	3
	496	432	64
	127	102	25
	3,349	1,838	1,511
	13,656	5,884	7,772
	3,474	2,994	480
	2,401	1,216	1,185
	15	10	5
	731	554	177
	2,951	2,839	112
	1,702	1,016	686
	3,013	2,379	634
	413	249	164
	10,372	5,024	5,348
	786	812	-26
	41	41
	2,061	1,298	763
	1,524	1,173	351
	2,839	4,734	-1,895
	50	55	-5
	10,120	9,096	1,024
	14	15	-1
	550	318	232
	1,027	790	237
	1,694	1,271	423
	1,493	979	514
	8,470	6,745	1,725
	1,157	1,478	-321
	1,772	1,826	-54
	3,184	2,686	498
	1,677	1,202	475
	8,046	8,664	-618
	164,766	169,347	-4,581
	514,739	528,042	-13,303
	232		232
	11,515	14,580	-3,065
	16,351	17,151	-800
	22	13	9
	26	22	4
	2,745	2,279	466
	2,443	1,544	899
	3,740	1,282	2,458
	1,346	604	742
	6,004	7,308	-1,304
	6,072	5,157	915
	3,557	2,008	1,549
	10,516	7,675	2,841
	8,445	6,628	1,817
	1,488	2,632	-1,144
	1,618	4,249	-2,631
	236	215	21
	4,128	4,056	72
	655	454	201
	629	366	263
	2,965	1,632	1,333
	386,378	384,861	1,517
	1,865	1,754	111
	7,476	7,086	390
	389,786	384,861	4,925
	9,169	8,404	765
	3,479	4,116	-637
	1,103	712	391
	7,191	6,489	702
	414	426	-12
	796	1,263	-467
	6,003	6,456	-453
	63	44	19
	2,378	1,450	928
	2,098	1,954	144
	183	107	76
	1,077	865	212
	5,572	4,008	1,564
	1,393	1,357	36
	7,478	7,042	436
	895	505	390
	940	784	156
	8,698	6,208	2,490
	290	262	28
	1,149	2,416	-1,267
	716	598	118
	7,943	6,165	1,778
	909	434	475
	2,397	2,658	-261
	10,421	7,318	3,103
	831	534	297
	11,525	6,282	5,243
	1,392	483	909
	16,287	10,573	5,714
	5,648	4,804	844
	1,067	743	324
	6,287	6,320	-33
	4,167	4,318	-151
	1,785	1,213	572
	1,278	966	312
	1,393	1,135	258
	4,506	4,300	206
	61	79	-18
	1,269	635	634
	228	203	25
	2,324	8,501	-6,177
	4,310	4,110	200
	160	152	8
	3,798	8,184	-4,386
	402	250	152
	22,324	22,718	-394
	23,004	19,198	3,806
	11,745	6,285	5,460
	870	831	39
	67	69	-2
		1	-1
	12,771	12,852	-81
	23,456	20,136	3,320
	9,376	9,757	-381
	32,857	35,237	-2,380
	39,853	33,325	6,528
	5,950	6,267	-317
	17,842	17,759	83
	149		149
	3	2	1
	20		20
	26	15	11
	2	2
	1,303	964	339
	180	134	46
			23,985

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			6
c			3,633
d			4
e			3,045
			974
			247
			-26
			-1,180
			802
			62
			84
			187
			331
			-1,641
			-21
			-39
			3,701
			140
			63
			3,368
			187
			3,208
			2
			7,188
			1,212
			694
			114
			96
			4,944
			1,075
			-3
			54
			5
			19
			1,233
			-1,970
			-1,679
			398
			1
			99
			1,349
			11
			98
			-22
			90
			3,009
			162
			27
			207
			189
			699
			67
			792
			3,371
			-637
			42
			5
			231
			11
			430
			-12
			2
			374
			1,666
			2,069
			161
			-31
			2,316
			122
			13
			1,796
			391
			2,148
			856
			2,892
			18
			493
			6
			-1
			-329
			30
			2
			-1,107
			14,363
			1,767
			1,716
			47
			33
			-103
			-56
			-5
			993
			-26
			-4
			5,756
			714
			12
			87
			110
			1,084
			71
			-40
			2,227
			4
			1,323
			206
			103
			4,038
			249
			34
			1,050
			183
			424
			25
			-32
			940
			559
			-28
			2,466
			247
			1
			23
			150
			-292
			-593
			113
			20
			871
			933
			8
			3
			4
			110
			128
			1,887
			-274
			18
			601
			6,619
			578
			1,851
			5,152
			-13
			113
			484
			4,566
			-1,268
			563
			444
			519
			2,219
			568
			4,889
			2,146
			140
			41
			313
			488
			-94
			360
			124
			8
			-1,237
			509
			455
			735
			14
			4,595
			36
			2,338
			38
			891
			111
			831
			99
			7,469
			9,517
			12,599
			63
			1,116
			748
			6
			5,486
			3,807
			1,956
			112
			-384
			-425

			-11
			45
			109
			11
			29
			24
			175
			1,272
			-1,460
			-4,168
			1,123
			1,533
			10
			-1,091
			2,021
			1,131
			961
			-659
			318
			-605
			-41
			3
			64
			25
			1,511
			7,772
			480
			1,185
			5
			177
			112
			686
			634
			164
			5,348
			-26

			763
			351
			-1,895
			-5
			1,024
			-1
			232
			237
			423
			514
			1,725
			-321
			-54
			498
			475
			-618
			-4,581
			-13,303
			232
			-3,065
			-800
			9
			4
			466
			899
			2,458
			742
			-1,304
			915
			1,549
			2,841
			1,817
			-1,144
			-2,631
			21
			72
			201
			263
			1,333
			1,517
			111
			390
			4,925
			765
			-637
			391
			702
			-12
			-467
			-453
			19
			928
			144
			76
			212
			1,564
			36
			436
			390
			156
			2,490
			28
			-1,267
			118
			1,778
			475
			-261
			3,103
			297
			5,243
			909
			5,714
			844
			324
			-33
			-151
			572
			312
			258
			206
			-18
			634
			25
			-6,177
			200
			8
			-4,386
			152
			-394
			3,806
			5,460
			39
			-2
			-1
			-81
			3,320
			-381
			-2,380
			6,528
			-317
			83
			149
			1
			20
			11

			339
			46

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	253,196
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 . . . . . . . . . . . . . . . .		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? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2013	0	0	0.0
2012	0	0	0.0
2011	0	0	0.0
2010	0	0	0.0
2009	0	0	0.0

2	Total of line 1, column (d) ......................	2	0.0
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	0.0
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4
5	Multiply line 4 by line 3.......................	5	0
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6
7	Add lines 5 and 6.........................	7	0
8	Enter qualifying distributions from Part XII, line 4..............	8
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2014)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	6,446
	hereand 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	6,446
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	6,446
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	7,000
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	7,000
8	Enter any penalty for underpayment of estimated tax. Check hereif 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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	554
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax554	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

The books are in care of bullet

US BANK Telephone no. bullet

(503) 464-3580

Located at bullet

555 SW OAKPORTLANDOR ZIP+4 bullet

97204

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country?

16 No

See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet

Form 990-PF (2014)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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)? ........

Organizations relying on a current notice regarding disaster assistance check here......... bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2014?.............

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)):

At the end of tax year 2014, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2014?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?........................YesNo

If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2014.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)..................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.......................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2014)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
US BANK	TRUSTEE 1	87,025
PO BOX 3168 PORTLAND,OR97208	TRUSTEE 1	87,025

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...................				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


2


3


4

Form 990-PF (2014)

Page 8

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

6,678,103

Average of monthly cash balances.......................

62,984

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

6,741,087

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

6,741,087

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

101,116

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

6,639,971

Minimum investment return. Enter 5% of line 5..................

331,999

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

331,999

Tax on investment income for 2014 from Part VI, line 5......

6,446

Income tax for 2014. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

6,446

Distributable amount before adjustments. Subtract line 2c from line 1............

325,553

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

325,553

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

325,553

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

336,965

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

336,965

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).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

336,965

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2014)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2013	(c) 2013	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7					325,553
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......				0
b Total for prior years:2012, 20, 20			0
3 Excess distributions carryover, if any, to 2014:
a From 2009.......	0
b From 2010.......	0
c From 2011.......	0
d From 2012.......	0
e From 2013.......	0
fTotal of lines 3a through e.........		0
4Qualifying distributions for 2014 from Part
XII, line 4: $ 336,965
a Applied to 2013, but not more than line 2a					0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions).........		0
d Applied to 2014 distributable amount.....					325,553
e Remaining amount distributed out of corpus		11,412
5 Excess distributions carryover applied to 2014.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		11,412
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2013. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2014. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........					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) .......		0
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......		11,412
10 Analysis of line 9:
a Excess from 2010....	0
b Excess from 2011....	0
c Excess from 2012....	0
d Excess from 2013....	0
e Excess from 2014....	11,412

Form 990-PF (2014)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2014, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2014	(b) 2013	(c) 2012	(d) 2011	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ...........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

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 (2014)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
REEDWAY FRIENDS CHURCH 2901 SE STEELE PORTLAND,OR97202	NONE	CHURCH	GENERAL FINANCIAL SUPPORT	325,500
Total ................................. 3a				325,500

bApproved for future payment

Total ................................. 3b

Form 990-PF (2014)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
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	152,206
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	253,196
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aOTHER RELATED INCO			14	20
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				405,422

13Total. Add line 12, columns (b), (d), and (e)..................

13405,422

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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 (2014)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political

Yes

organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC	1,500			1,500

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABERDEEN FDS EMRGN MKT INSTL	390,657	368,709
AMER CENT DIVERSIFI BOND INS	578,108	563,692
DRIEHAUS ACTIVE INCOME FUND	376,479	375,900
HIGHLAND LONG SHORT EQUITY Z	359,969	381,566
IPATH DOW JONE UBS COMMODITY	252,856	191,099
NUVEEN HIGH INCOME BOND FD CL	341,381	334,732
NUVEEN INFLATION PRO SEC CL I	281,565	267,712
NUVEEN REAL ESTATE SECS I	151,968	160,657
PIMCO TOTAL RETURN FUND INST
T ROWE PRICE INTL BOND FUND	555,654	491,704

- TIN:

TY 2014 InvestmentsCorpStockSchedule

Name:

ONG FIRST FRIENDS CHURCH TRUST 97310140

EIN: 93-0548829

Name of Stock	End of Year Book Value	End of Year Fair Market Value
AAON INC	5,824	9,008
AARONS INC
ABAXIS INC	11,755	14,311
ABBVIE INC	7,511	13,908
ALLIANCE DATA SYSTEMS CORP
AMERICAN EXPRESS CO
ANSYS INC	16,645	21,715
APOGEE ENTERPRISES INC	4,403	8,370
APPLE INC	32,864	51,675
APTAR GROUP INC	14,836	17,282
ASTEC INDUSTRIES INC	6,283	7,360
ASTRONICS CORP
AT&T INC	11,210	11,189
ATRION CORP	1,853	3,531
BADGER METER INC	2,450	2,984
BALCHEM CORP
BALDWIN LYONS INC	3,098	2,601
BANK OF NEW YORK MELLON CORP	3,691	4,785
BAR HBR BANKSHARES	1,436	2,055
BLACKROCK INC	3,949	7,958
BUCKLE INC	2,968	2,929
C J ENERGY SERVICES INC
CABOT MICROELECTRONICS	2,633	3,863
CAL MAINE FOODS INC	5,066	11,641
CAMDEN PPTY TR SH BEN INT	8,317	8,691
CARBO CERAMICS INC	612	749
CARTERS INC	8,009	11,374
CATERPILLAR INC	7,424	7,210
CHEFS WAREHOUSE HOLDINGS LLC	19,654	22,196
CHEVRON CORP	11,431	10,419
CHURCH AND DWIGHT CO INC	6,580	9,249
CINTAS CORP	5,444	10,066
CLARCOR INC	10,081	10,643
COACH INC	26,181	21,216
COCA COLA COMPANY
COCA COLA ENTERPRISES INC
COGNIZANT TECH SOLUTIONS CL A	16,004	30,301
COHEN & STEERS INC	5,261	5,487
COLUMBUS MCKINNON CORP	4,569	4,675
COMPUTER PROGRAMS & SYSTEMS	16,614	16,881
COOPER COS INC	7,202	10,322
COPART INC	11,906	12,241
CPI AEROSTRUCTURES INC	1,853	1,812
CUBIC CORP	3,675	3,854
CULLEN FROST BANKES INC	6,397	8,644
CUMMINS INC	8,772	11,414
CVS CAREMARK CORP	8,430	16,886
DAWSON GEOPHYSICAL CO	1,495	447
DONALDSON CO INC
DRIL QUIP INC	5,327	4,816
E M C CORP	20,415	21,059
EAGLE MATERIALS INC
EQUIFAX INC	6,584	10,777
ESPEY MFG & ELECTONICS CORP	3,487	3,666
EXPRESS SCRIPTS HLDGS C	18,892	30,506
F E I CO	7,834	9,703
F M C CORP	8,806	8,303
FACTSET RESEARCH SYSTEMS INC	9,974	16,088
FAMILY DOLLAR STORES
FIDELITY NATL INFO SVCS INC	7,632	11,742
FINANCIAL ENGINES INC	16,686	20,348
FIRST LONG ISLAND CORP	2,383	3,188
FLIR SYSTEMS INC
FLOWERS FOODS INC	5,665	6,366
FORRESTER RESH INC	7,925	10,302
FOSTER L B CO CL A	10,514	8,064
KINDER MORGAN MANAGEMENT LLC
GILEAD SCIENCES INC
GOOGLE INC CL A	6,237	9,721
GOOGLE INC CL C	6,197	9,369
GORMAN RUPP CO	14,127	16,230
GRAHAM CORP	5,186	4,385
GRAINGER W W INC	7,923	9,229
GRANITE CONSTRUCTION INC	19,176	18,856
GULF IS FABRICATION INC	7,130	3,608
GULFMARK OFFSHORE INC CL A	6,158	1,902
H E I C O CORP CL A	8,098	12,896
HAIN CELESTIAL GROUP INC	5,052	11,394
HARDINGE INC	5,327	4,098
HAWKINS INC	3,275	3,393
HEARTLAND EXPRESS INC	3,605	4,855
HEXCEL CORP NEW	6,020	10,943
HIBBETT SPORTS INC	16,481	14,859
HINGHAM INSTITUTION FOR SAVING	2,059	3,223
HITTITE MICROWAVE CORP
HONEYWELL INTERNATIONAL INC	9,251	11,727
HUBBELL INC CL B
HUNT J B TRANS SVCS INC	8,044	9,687
ICU MED INC	3,366	5,261
IDEXX LABS INC	5,500	7,440
INGREDION INC
ITC HOLDINGS CORP	5,217	6,693
J & J SNACK FOODS CORP	11,972	18,925
J P MORGAN CHASE	7,624	14,230
JACK HENRY & ASSOCIATES INC	6,483	9,511
JARDEN CORP	5,456	10,557
JOHNSON OUTDOORS INC CL A	7,047	6,971
K M G CHEMICALS INC	3,670	4,630
KOSS CORP
KINDER MORGAN INC	7,594	8,599
L S I INDUSTRIES INC	4,418	6,136
LAKELAND INDUSTRIES INC	1,197	2,711
LINCOLN ELEC HLDGS INC
LOWES CO INC	6,966	11,452
M F R I INC	2,331	1,972
M K S INSTRUMENTS INC	3,213	4,249
M T BANK CORP	22,462	24,361
MARCUS CORP	17,684	21,156
MARTEN TRANSPORTATION LTD	1,889	2,734
MCCORMICK CO NON VTG SHRS	5,902	7,771
MERCADOLIBRE INC	6,973	11,619
MERIT MED SYS INC	3,508	5,320
MICROS SYS INC
MICROSOFT CORP	10,097	14,084
MONARCH CASINO & RESORT INC	2,675	4,852
MONRO MUFFLER BRAKE INC	6,446	10,008
MONSTER BEVERAGE CORP
MORNINGSTAR INC	12,990	14,876
MOTOROLA SOULTIONS INC
MSA SAFETY INC	5,375	5,288
MYLAN INC
NATIONAL OILWELL VARCO INC	18,633	15,160
NATIONAL PRESTO INDS INC	6,478	7,068
NEXTERA ENERGY INC	5,707	8,136
NOW INC DE W I	1,557	1,195
NVE CORP	14,770	21,011
O REILLY AUTOMOTIVE INC	4,426	11,525
OCEANEERING INTERNATIONAL INC	10,923	8,433
OIL DRI CORP AMER	2,525	2,734
OLD DOMINION FGHT LINE INC
OMEGA FLEX INC	5,353	10,582
ONE GAS INC W I
ONEOK INC
PACKAGING CORP AMERICA	6,897	7,686
PETSMART INC
PFIZER INC	9,513	13,513
PHILIP MORRIS INTL	11,248	10,262
PHILLIPS 66	9,045	11,520
PIKE CORP
POOL CORP	5,400	8,071
POWELL INDS INC	4,005	2,497
PRICE SMART INC	12,609	14,690
PRICELINE COM INC
QUALCOMM INC	34,905	37,390
RAYMOND JAMES FINL INC	7,877	10,546
ROSS STORES INC
RPC ENERGY SVCS INC	3,156	2,697
SANDERSON FARMS INC	3,127	4,134
SCANSOURCE INC
SCHEIN HENRY INC	5,962	9,522
SCHWAB CHARLES CORP
SIFCO INDS INC	3,299	2,637
SIGMA ALDRICH CORP
SIGNATURE BK	4,500	10,686
SIRONA DENTAL SYSTEMS INC	16,500	23,097
SKYWORKS SOLUTIONS INC	3,034	13,429
SMITH A O CORP
SOUTHERN COPPER CORP DEL
SPAN AMERICA MEDICAL SYS INC	4,087	3,960
STARRETT L S CO	1,027	1,290
STEPAN CO	2,212	2,002
STERICYCLE INC	14,428	20,622
STURM RUGER & CO INC	22,638	26,427
SUN HYDRAULICS CORP	5,082	6,402
SYNALLOY CORP	4,244	3,932
TECHNE CORP
TEXAS ROADHOUSE INC	6,938	10,218
THOR INDUSTRIES INC	2,842	3,095
TIBCO SOFTWARE INC
TIME WARNER CABLE INC	6,173	13,363
TOOTSIE ROLL INDS INC	971	1,195
TUPPERWARE BRANDS CORP	6,027	4,711
TWIN DISC INC	4,984	3,728
UNION PACIFIC CORP	6,108	9,823
UNIT CORP	18,557	11,716
UNITED HEALTH GROUP INC	9,574	15,982
UNITED THERAPEUTICS CORP
UTAH MED PRODS INC	9,412	12,582
V F CORP	6,690	12,693
VALUE LINE INC	397	374
VARIAN MED SYS INC	11,301	15,264
VERISK ANALYTICS INC CL A	13,005	18,117
VERIZON COMMUNICATIONS INC
VISA INC	7,364	15,579
WABTEC CORP
WEIS MKTS INC	7,834	7,292
WELLS FARGO CO	9,537	15,129
WHIRLPOOL CORP	6,450	9,518
WOLVERINE WORLD WIDE INC	9,206	9,569
YUM BRANDS INC
ZEP INC
ACCENTURE PLC CL A	6,018	9,581
ACCOR SA A D R	7,515	10,226
ACE LTD	7,937	8,643
AIA GROUP LTD ADR	11,679	18,712
AIR LIQUIDE S A A D R	11,396	13,818
AIRBUS GROUP NV A D R	11,193	16,194
ALLIANZ SE A D R	9,192	13,367
ALSTOM SA UNSPON A D R
AMERICA MOVIL A D R	9,528	8,375
ANHEUSER BUSCH INBEV NV A D R	8,116	11,705
ARM HLDGS PLC A D R	5,676	10,445
ASAHI KASEI CORP A D R
ASTRAZENECA P L C SPSD A D R
ATLAS COPCO AB SPONS A D R	6,061	7,467
AXA A D R	7,577	9,949
B G GROUP P L C A D R	24,061	23,609
BAIDU COM INC A D R	3,004	5,176
BANCO BILBAO VIZCAYA ARGEN A D	14,585	16,848
BARCLAYS PLC A D R	10,811	10,604
BAYERISCHE MOTOREN WERKE UNSPN	9,574	10,211
BOMBARDIER INC CL B
BRITISH AMERN TOB PLC SPONSORE	37,081	37,779
BUNGE LIMITED	6,711	8,517
CANADIAN NATL RY CO	7,228	9,240
CAPGEMINI SA A D R
CHECK POINT SOFTWARE TECH LTD	5,659	8,989
CHUNGHWA TELECOM CO LTD A D R	13,423	14,236
CITY TELECOM HK LTD A D R
COCHLEAR LTD UNSPON A D R
COMPANHIA PARANAENSE ENER SP A
CORE LABORATORIES N V	26,915	28,966
COVIDIEN PLC COM
CSL LIMITED A D R	5,484	8,392
DAIMLER AG	7,612	13,612
DASSAULT SYSTEMES SA A D R	12,180	18,333
DBS GROUP HLDGS LTD	5,877	7,822
DELHAIZE GROUP SPONS A D R	12,797	16,628
DEUTSCHE BOERSE AG UNSPN A D R	6,802	10,060
DR REDDYS LABORATORIES LTD A D	5,729	5,975
EATON CORP PLC
FANUC CORP A D R	13,304	16,216
FLY LEASING LTD A D R	15,749	17,977
FRESENIUS MED CARE	19,715	23,415
GEA GROUP AG SPON A D R	6,260	9,548
GRUPO SIMEC A D R
HEINEKEN NV SPN A D R	7,031	9,619
HITACHI LTD	6,904	7,179
HONG KONG EXCHANGES A D R	4,948	10,903
I C I C I BANK LIMITED A D R	8,348	11,504
ICAP PLC A D R
IMPERIAL OIL LTD	9,192	8,110
INDUSTRIAS BACHOCO SAB DE CV A	20,205	31,167
INFOSYS TECHNOLOGIES SP A D R
ITAU UNIBANCO HOLDINGS SA A D	8,122	6,822
JGC CORP UNSPONSORED A D R	9,849	6,168
JULIUS BAER GROUP LTD A D R	8,138	11,210
KAO CORP A D R
KOMATSU LTD A D R
KONINKLIJKE DSM NV ADR	10,415	10,396
KONINKLIJKE PHILIPS NVR NY A D	10,985	8,224
LG DISPLAY CO LTD A D R	2,665	1,912
LOREAL UNSPONSORED A D R	8,354	12,215
LVMH MOET HENNESSY LOU VUITT A	4,892	5,237
MITSUBISHI ESTATE LTD A D R	16,514	14,425
MITSUI & CO LTD SPSD ADR
MIZUHO FNL GRP A D R	14,211	15,520
MTN GROUP LTD A D R	7,911	7,571
NATIONAL GRID PLC SP A D R	35,543	34,545
NESTLE SA SPONSORED A D R	14,554	16,958
NIPPON TELEGRAPH TELE A D R	17,186	25,947
NOKIAN TYRES OYJ UNSPON A D R
NOVARTIS AG A D R	40,855	48,187
NOVO NORDISK AS A D R	13,162	22,616
NTT DOCOMO INC A D R	28,912	34,224
OAO GAZPROM SPON A D R
ORIX CORP SPONS A D R	2,163	2,832
PERRIGO CO LTD	12,937	15,711
PETROLEO BRASILEIRO S A A D R
PORSCHE AUTOMOBIL HLDG SE A D	6,541	9,464
POSCO A D R
PT INDOSAT A D R
REPSOL S.A.	8,800	9,099
ROCHE HLDG LTD A D R	20,923	27,740
ROYAL DUTCH SHELL PLC A D R
SAP AG A D R	10,741	12,571
SASOL LTD SPONSORED A D R	3,382	3,002
SCHLUMBERGER LTD	25,347	31,804
SCHNEIDER ELECT SA UNSP A D R	7,323	8,915
SEADRILL LIMITED
SECOM COMPANY LIMITED A D R	7,412	10,004
SEVEN & I HLDGS UNSPN A D R	13,754	15,723
SHIRE PLC A D R	5,137	5,796
SMITH & NEPHEW P L C A D R	2,169	2,852
SONOVA HOLDING UNSPON ADR	4,016	5,304
SONY FINANCIAL HOLD A D R	7,425	12,066
SUMITOMO MITSUI FINL GROUP A D	23,364	23,016
SUNCOR ENERGY INC
SVENSKA HANDELSBANKEN A UNSP A	4,594	4,552
SWATCH GROUP AG A D R	4,072	3,981
SYSMEX CORP UNSPON A D R	6,842	17,552
TAIWAN SEMICONDUCTOR A D R	22,427	29,046
TECHNIP-COFLEXIP A D R
TESCO PLC A D R
TEVA PHARMACEUTICAL INDS LTD A	14,912	22,517
TOTAL SA SPON A D R
TOYOTA MTR CORP A D R	4,374	4,548
TRINITY BIOTECH PLC SPON A D R	3,012	2,348
TURKIYE GARANTI BANKASI A S A	7,141	5,658
UNI CHARM CORP A D R	10,272	12,438
UNILEVER PLC SPSD ADR	4,201	5,198
VISTAPRINT NV
VODAFONE GROUP PLC A D R	15,087	14,179
WACOAL HOLDINGS CORP A D R	5,505	6,354
WESTPAC BANKING COPR SP ADR	10,587	9,005
WNS HOLDINGS LTD ADR	6,615	8,721
WPP PLC SPONSORED A D R	15,519	25,475
XINYI GLASS HOLDINGS LTS A D R	1,900	1,473
XINYUAN REAL ESTATE CO LTD A D
AEGON N V NY REG SHR	10,420	9,368
AIRGAS INC	9,162	8,780
ALLIANCE DATA SYSTEMS CORP	5,917	9,634
AMPCO-PITTSBURG CORP	2,444	1,739
AVIANCA HOLDINGS A D R	10,056	7,281
B H P BILLITON LIMITED A D R	3,554	2,361
B T GROUP P L C A D R	2,790	3,190
BAYER AG A D R	8,390	8,177
CANON INC SPONS A D R	38,315	37,498
CARNIVAL PLC A D R	10,195	11,794
BOEING CO	9,982	10,820
COLGATE PALMOLIVE CO	11,276	11,185
DENSO CORP A D R	8,757	9,686
DEUTSCHE POST AG A D R	9,035	8,308
DISCOVER FINL SVCS	9,164	8,182
ELLIE MAE INC	13,104	27,288
F5 NETWORKS INC	8,353	8,304
FREIGHTCAR AMER INC	5,917	3,424
FUCHS PETROLUB SE PREF A D R	5,030	5,422
FURMANITE CORP	3,157	3,329
GENERAL MOTORS CO	9,342	9,299
GLAXO SMITHKLINE P L C A D R	4,397	3,915
GRACO INC	8,405	8,097
HOLCIM LTD UNSPON A D R	9,336	9,303
HOMEAWAY INC	15,306	15,809
HONG KONG TELEVISION NE A D R	986	849
HOOKER FURNITURE CORP	4,563	7,257
HSBC HOLDINGS PLC SPONS A D R	8,895	8,828
HUB GROUP INC CL A	11,672	11,618
HYSTER YALE MATERIALS W I	5,517	5,820
INFINEON TECHNOLOGIES A G A D	9,016	10,579
INTERCONTINENTAL HOTELS A D R	6,416	6,595
KANSAS CITY LIFE INS CO	4,563	4,434
KEWAUNEE SCIENTIFIC CORP	1,294	1,200
KONINKLIJKE ROYAL KPN NV SP AD	9,938	11,962
KOREA ELEC PWR CORP SPONSORED	2,422	2,708
LENNOX INTERNATIONAL INC	7,605	10,446
LINDE AG A D R	4,823	4,924
LINEAR TECHNOLOGY CORP	9,250	9,067
LKQ CORP	16,340	18,631
LSB INDS INC	1,779	2,001
MACYS INC	8,184	9,378
MARKETAXESS HLDGS INC	16,876	25,790
MARSH MCLENNAN COS INC	10,906	11,680
MASTEC INC	12,563	9,657
MEAD JOHNSON NUTRITION CO	14,311	13,443
MEDTRONIC PLC	8,443	8,151
MELCO CROWN ENTERTAINMENT LMTD	2,537	2,199
METTLER TOLEDO INTL INC	8,397	10,927
MIDDLEBY CORP	9,172	10,886
MILLER INDUSTRIES INC	2,376	2,633
MONOTARO CO LTD UNSP A D R	2,413	4,190
NETEASE INC A D R	3,035	4,056
NICE SYS LTD SPONSORED A D R	13,508	20,158
NIELSEN NV	7,902	7,924
OTSUKA HOLDINGS LTD A D R	9,326	8,795
PAREXEL INTL CORP	9,216	9,582
POLARIS INDS INC	9,188	9,923
REED ELSEVIER NV A D R	14,213	14,336
SANDS CHINA LTD UNSPONS A D R	6,241	3,967
SANOFI A D R	9,246	9,114
SCRIPPS NETWORKS INTERACTIVE I	9,711	8,237
SHUTTERSTOCK INC	13,571	11,669
SKY PLC SPN A D R	13,823	15,720
SNAP ON INC	8,457	10,988
SOCIETE GENERALE SPONS ADR	10,925	10,637
SOUTH32 LTD A D R	191	154
SUNTORY BEVERAGE FOOD UADR	9,030	10,100
SYMRISE AG UNSPON A D R	4,820	5,629
SYNGENTA A G A D R	8,733	10,773
SYNOPSYS INC	8,904	11,143
THE PRICELINE GROUP INC	12,716	18,422
TORAY INDUSTRIES INC A D R	7,210	9,163
UNIBAIL RODAMCO SE UNSP A D R	13,155	12,538
WILLIAM HILL PLC UNSPON A D R	9,417	10,236
WILLIAMS SONOMA INC	8,244	10,037
BERKSHIRE HATHAWAY INC CL B	20,221	30,761

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	3,829	3,829		0
FOREIGN TAXES ON QUALIFIED FOR	970	970		0