TY 2015 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

2015

Open to Public Inspection

For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015

Name of foundation
ELIZABETH HURLOCK BECKMAN AWARD

Number and street (or P.O. box number if mail is not delivered to street address)1525 W WT HARRIS BLVD D1114-044
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
CHARLOTTE, NC28262

A Employer identification number

37-1564854

B Telephone number (see instructions)

(800) 352-3705

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

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

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

$5,622,180J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	24		24
4	Dividends and interest from securities...	134,337		132,956
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		12,270
b	Gross sales price for all assets on line 6a 2,533,410
7	Capital gain net income (from Part IV, line 2)...			12,270
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).......		4,547	4,547
12	Total. Add lines 1 through 11........	151,178		149,797
13	Compensation of officers, directors, trustees, etc.	78,159		36,977		41,182
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).......		4,243	0	0	4,243
c	Other professional fees (attach schedule)....		11,516	11,516		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		19,359	3,614		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).......		48,431	891		47,540
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	161,708		52,998	0	92,965
25	Contributions, gifts, grants paid.......	250,000				250,000
26	Total expenses and disbursements. Add lines 24 and 25	411,708		52,998	0	342,965
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-260,530
b	Net investment income (if negative, enter -0-)			96,799
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	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.............
	2	Savings and temporary cash investments.........	399,319	202,015	202,015
	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)	172,040	151,574	149,378
	b	Investments—corporate stock (attach schedule).......	3,810,102	3,983,268	4,041,175
	c	Investments—corporate bonds (attach schedule).......	823,073	699,285	669,188
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	547,375	430,317	560,423
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	1	1	1
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	5,751,910	5,466,460	5,622,180
	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........	5,751,910	5,466,460
	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).....	5,751,910	5,466,460
	31	Total liabilities and net assets/fund balances (see instructions).	5,751,910	5,466,460

Part III

Analysis of Changes in Net Assets or Fund Balances

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

5,751,910

Enter amount from Part I, line 27a .....................

-260,530

Other increases not included in line 2 (itemize) bullet

8,794

Add lines 1, 2, and 3 ..........................

5,500,174

Decreases not included in line 2 (itemize) bullet

33,714

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

5,466,460

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	114. AGL RES INC COM		2014-10-29	2015-03-13
b	71. AGL RES INC COM		2013-09-10	2015-03-13
c	9000. AT&T INC 2.500% 8/15/15		2012-03-06	2015-02-24
d	2044.154 ABERDEEN EMERG MARKETS-INST #5840		2012-12-09	2015-10-30
e	6929.332 ABERDEEN EMERG MARKETS-INST #5840		2013-06-27	2015-12-08
	27. ACTELION LTD-UNSP ADR		2014-12-19	2015-10-20
	262. AIRBUS GROUP NV - UNSP ADR		2014-07-29	2015-02-04
	26. ALASKA AIR GROUP INC		2014-04-08	2015-02-11
	98. ALASKA AIR GROUP INC		2014-10-09	2015-03-27
	102. ALASKA AIR GROUP INC		2014-02-27	2015-03-27
	320. AMERICAN EXPRESS CO		2014-11-13	2015-03-03
	9000. AMGEN INC 5.700% 2/01/19		2010-11-23	2015-09-25
	16. AMSURG CORP		2014-06-20	2015-10-19
	27. AMTRUST FINANCIAL SERVICES INC		2014-06-20	2015-08-04
	224. AMTRUST FINANCIAL SERVICES INC		2014-09-26	2015-10-14
	186. ANGLO AMERN PLC ADR		2014-10-15	2015-09-29
	17. ANHEUSER-BUSCH INBEV SPN ADR		2012-05-03	2015-02-17
	18. ANHEUSER-BUSCH INBEV SPN ADR		2014-09-15	2015-10-20
	10000. APPLE INC 2.400% 5/03/23		2014-10-17	2015-09-25
	111. ARLINGTON ASSET INVESTMENT CORP		2014-07-11	2015-05-27
	57. ARLINGTON ASSET INVESTMENT CORP		2014-07-11	2015-05-28
	195. ARROW ELECTRS INC		2014-09-26	2015-11-24
	2496.879 ASHMORE EMERG MKTS CR DB-INS		2015-02-03	2015-09-17
	4. ASHTEAD GROUP PLC-UNSPON ADR		2014-07-29	2015-10-09
	8. ASHTEAD GROUP PLC-UNSPON ADR		2014-07-29	2015-10-20
	43. ASSA ABLOY AB-UNSP ADR		2014-07-29	2015-10-09
	130. ASSA ABLOY AB-UNSP ADR		2014-07-29	2015-10-20
	16. ASSOC BRITISH FOODS-UNSP ADR		2014-07-29	2015-10-20
	68. ASTRONICS CORP COM		2015-03-20	2015-10-29
	.2 ASTRONICS CORP		2015-03-20	2015-10-26
	10. ASTRONICS CORP		2015-03-20	2015-10-27
	124. ATLANTIA SPA-UNSPONSORED ADR		2014-07-29	2015-05-11
	219. ATLANTIA SPA-UNSPONSORED ADR		2014-07-29	2015-07-08
	111. BG GROUP PLC - ADR		2014-07-29	2015-04-09
	41. BG GROUP PLC - ADR		2014-07-29	2015-10-20
	34. BNP PARIBAS - ADR		2014-07-29	2015-03-04
	58. BNP PARIBAS - ADR		2014-07-29	2015-05-13
	25. BNP PARIBAS - ADR		2014-07-29	2015-10-20
	77. BOFI HOLDING INC		2015-07-07	2015-09-15
	29. BOFI HOLDING INC		2014-04-22	2015-09-15
	12000. BANK OF AMERICA CORP 5.625% 7/01/20		2011-01-19	2015-09-25
	169. BAXTER INTL INC		2013-12-12	2015-06-05
	141. BAXTER INTL INC		2015-02-04	2015-06-05
	9. BAYER AG - ADR		2014-07-29	2015-02-17
	12. BAYER AG - ADR		2014-07-29	2015-10-20
	82. BAYERISCHE MOTOREN WERKE (BMW) ADR		2014-07-29	2015-05-15
	186. BENCHMARK ELECTRS INC COM		2014-06-20	2015-06-23
	10000. BERKSHIRE HATHAWAY 5.400% 5/15/18		2013-03-20	2015-09-25
	22. BHP BILLITON LIMITED - ADR		2014-07-29	2015-10-20
	91. BIOTELEMETRY INC		2015-05-28	2015-10-19
	285. BLOUNT INTERNATIONAL INC		2014-09-04	2015-08-04
	13. BRITISH AMERICAN TOBACCO P.L.C - ADR		2014-07-29	2015-10-20
	10. BROOKDALE SR LIVING INC		2015-01-23	2015-02-27
	43. BROOKDALE SR LIVING INC		2013-12-18	2015-09-11
	30. BROOKDALE SR LIVING INC		2015-02-04	2015-09-11
	206. BUCKLE INC COM		2015-01-30	2015-11-23
	4. CBL & ASSOC PPTYS INC COM		2015-02-04	2015-10-22
	21. CBL & ASSOC PPTYS INC COM		2014-03-25	2015-10-22
	26. CAL MAINE FOODS INC		2014-06-20	2015-08-04
	18. CAL MAINE FOODS INC		2014-06-20	2015-10-19
	13. CAMDEN PPTY TR SH BEN INT		2015-02-04	2015-07-06
	8. CAMDEN PPTY TR SH BEN INT		2014-02-12	2015-07-06
	56. CAMDEN PPTY TR SH BEN INT		2014-02-12	2015-09-21
	400. CAMERON INTL CORP		2015-04-30	2015-11-03
	77. CAPELLA EDUCATION CO		2014-06-20	2015-07-21
	.5 CARE CAPITAL PROPERTIES INC		2015-01-23	2015-08-26
	97. CARLISLE COS INC		2015-04-23	2015-06-18
	55. CARLSBERG AS-B-SPON ADR		2014-07-29	2015-10-20
	16. CENTENE CORP DEL		2014-06-20	2015-03-10
	17. CENTENE CORP DEL		2014-06-20	2015-03-20
	87. CENTENE CORP DEL		2014-06-20	2015-05-27
	12000. CHEVRON CORP 4.950% 3/03/19		2010-11-23	2015-09-25
	1436.782 COLUMB SEL LGE CAP GR FD CL Z #2048		2015-09-09	2015-10-19
	27. COMPAGNIE FINANCIERE - ADR		2014-07-29	2015-10-09
	60. COMPAGNIE FINANCIERE - ADR		2014-07-29	2015-10-20
	58. COMPASS GROUP PLC - ADR		2015-06-12	2015-10-20
	13. CONTINENTAL AG-SPONS ADR		2015-01-21	2015-10-20
	10. COSTCO WHOLESALE CORP		2015-02-04	2015-12-17
	65. COSTCO WHOLESALE CORP		2014-11-24	2015-12-17
	51. CYRUSONE INC		2015-07-06	2015-10-22
	20. DAIKIN INDUSTRIES-UNSPONADR		2014-07-29	2015-02-03
	6. DAIKIN INDUSTRIES-UNSPONADR		2014-07-29	2015-10-20
	7. DAIKIN INDUSTRIES-UNSPONADR		2014-07-29	2015-12-09
	17. DAIKIN INDUSTRIES-UNSPONADR		2014-08-27	2015-12-15
	21. DAIWA HOUSE IND LTD ADR		2014-07-29	2015-10-09
	40. DAIWA HOUSE IND LTD ADR		2014-07-29	2015-10-20
	259. DOMTAR CORP		2015-02-17	2015-04-20
	316. RR DONNELLEY & SONS CO		2015-02-19	2015-03-30
	215. DOVER CORP COM		2014-11-13	2015-11-11
	14. DREW INDUSTRIES INC		2014-09-04	2015-10-19
	85. DREW INDUSTRIES INC		2014-09-04	2015-10-29
	107. DRIL-QUIP INC COM		2015-05-29	2015-10-07
	54. DUPONT FABROS TECHNOLOGY INC		2013-08-08	2015-01-23
	592. E M C CORP MASS		2015-02-04	2015-06-16
	298. E M C CORP MASS		2013-11-20	2015-06-16
	42.99994 ENCANA CORP		2015-05-05	2015-10-20
	17.00006 ENCANA CORP		2015-05-05	2015-10-20
	65. ENERSYS		2014-06-20	2015-03-20
	313. ENPHASE ENERGY INC		2014-09-04	2015-07-21
	264. ESSENDANT INC		2014-11-07	2015-10-06
	528. EVERBANK FINANCIAL CORP		2015-09-15	2015-12-24
	229. EXELIS INC		2014-09-26	2015-02-19
	16. EXTRA SPACE STORAGE INC		2015-02-04	2015-05-27
	5. EXTRA SPACE STORAGE INC		2013-08-08	2015-05-27
	39. EXTRA SPACE STORAGE INC		2011-12-14	2015-07-21
	17. FBL FINL GROUP INC CL A		2014-06-20	2015-10-19
	40. FCB FINANCIAL HOLDINGS, INC		2015-01-29	2015-08-04
	25. FANUC CORPORATION ADR		2014-02-19	2015-07-09
	160.45 FHLMC POOL #G08641 3.500% 5/01/45		2015-10-07	2015-11-15
	162.01 FHLMC POOL #G08641 3.500% 5/01/45		2015-10-07	2015-12-15
	15000. FED HOME LN MTG CORP 3.750% 3/27/19		2010-11-23	2015-09-25
	10000. FED HOME LN MTG CORP 1.250% 5/12/17		2014-02-14	2015-09-25
	442.66 FNMA POOL #AL6306 4.500% 1/01/45		2015-10-07	2015-11-25
	286.05 FNMA POOL #AL6306 4.500% 1/01/45		2015-10-07	2015-12-25
	40. FEDERATED NATIONAL HOLDING CO		2015-05-27	2015-10-19
	5451.713 FID ADV EMER MKTS INC- CL I #607		2015-02-03	2015-09-17
	46. FIRST INDL RLTY TR INC COM		2015-02-04	2015-12-08
	2. FIRST INDL RLTY TR INC COM		2013-08-08	2015-12-08
	89. FRESENIUS SE & CO-SPN ADR		2014-09-16	2015-09-25
	47. FRESENIUS SE & CO-SPN ADR		2014-07-29	2015-10-20
	80. FUCHS PETROLUB SE-PREF ADR		2014-03-12	2015-07-09
	6. GEA GROUP AG ADR		2015-10-13	2015-10-20
	38. GANNETT INC		2014-09-26	2015-05-21
	53.5 GANNETT CO INC		2014-09-26	2015-07-28
	104.5 GANNETT CO INC		2012-12-27	2015-07-28
	13000. GENERAL ELEC CAP COR 4.650% 10/17/21		2012-05-02	2015-09-25
	150. GENERAL MILLS INC		2015-02-04	2015-06-16
	40. GENTHERM INC		2014-09-26	2015-05-21
	109. GENTHERM INC		2014-11-03	2015-12-04
	12000. GOLDMAN SACHS GROUP 5.125% 1/15/15		2010-11-23	2015-01-15
	2283.353 GOLDMAN SACHS COMM STRATEGY #2653		2013-08-02	2015-10-19
	23. GOOGLE INC		2014-11-24	2015-01-14
	121. GREEN PLAINS INC.		2014-06-20	2015-03-20
	45. HCP INC		2010-11-18	2015-01-23
	136. HFF INC		2014-06-20	2015-07-21
	79. HACKETT GROUP INC		2015-05-28	2015-10-19
	10000. HALLIBURTON COMPANY 3.500% 8/01/23		2013-10-18	2015-09-25
	1.278 HERMES INTL SHARES DEEMED RECEIVED		2015-02-27	2015-02-27
	5000. HOME DEPOT INC 5.400% 3/01/16		2011-03-01	2015-09-25
	159. HONG KONG EXCH & CLEARING LTD -ADR		2013-06-13	2015-04-17
	122. HONG KONG EXCH & CLEARING LTD -ADR		2013-06-13	2015-09-30
	21. HOST HOTELS & RESORTS, INC.		2015-02-04	2015-02-27
	20. HOST HOTELS & RESORTS, INC.		2015-02-04	2015-03-04
	81. IMPERIAL OIL LTD COM-		2014-03-12	2015-11-05
	48. INFORMA PLC-SP ADR		2014-07-29	2015-02-03
	10. INFORMA PLC-SP ADR		2014-07-29	2015-10-09
	44. INFORMA PLC-SP ADR		2014-07-29	2015-10-20
	85. INPHI CORP		2014-06-20	2015-06-24
	39. INPHI CORP		2014-06-20	2015-10-19
	55. INTEGRATED DEVICE TECHNOLOGY INC		2014-11-03	2015-10-19
	23. INSYS THERAPEUTICS INC		2014-06-20	2015-03-02
	84. INSYS THERAPEUTICS INC		2014-06-20	2015-05-27
	22. INSYS THERAPEUTICS INC		2014-06-20	2015-05-28
	53. INTELIQUENT INC		2014-06-20	2015-10-19
	379. INTERVAL LEISURE GROUP INC		2014-12-03	2015-06-11
	165. INVESTMENT TECHNOLOGY GROUP INC NEW		2015-04-15	2015-08-04
	210. ISHARES MBS ETF		2012-10-11	2015-09-25
	215. ISHARES CMBS ETF		2013-06-24	2015-09-25
	.5 ITAU UNIBANCO H-SPON PRF ADR		2012-02-10	2015-07-30
	119. ITC HLDGS CORP		2015-03-13	2015-09-15
	10000. JPMORGAN CHASE & CO 4.250% 10/15/20		2015-01-16	2015-09-25
	14. JAPAN TOBACCO INC-UNSPON ADR		2014-10-28	2015-10-09
	1. JAPAN TOBACCO INC-UNSPON ADR		2014-10-03	2015-10-09
	44. JAPAN TOBACCO INC-UNSPON ADR		2014-10-03	2015-10-20
	55. JOHNSON & JOHNSON		2014-11-24	2015-06-16
	17. JONES LANG LASALLE INC		2013-08-08	2015-02-04
	16. J2 GLOBAL INC		2014-06-20	2015-10-19
	16010.855 JPMORGAN HIGH YIELD FUND SS #3580		2012-12-27	2015-09-09
	18. KBC GROEP NV-UNSP ADR		2015-03-17	2015-10-20
	.5 KDDI CORP-UNSPONSORED ADR		2014-10-29	2015-04-20
	179. KDDI CORP-UNSPONSORED ADR		2014-07-29	2015-09-17
	61. KDDI CORP-UNSPONSORED ADR		2014-10-29	2015-09-17
	91. KDDI CORP-UNSPONSORED ADR		2014-07-29	2015-10-20
	18. KILROY REALTY CORP COM		2015-02-04	2015-11-25
	19. KILROY REALTY CORP COM		2014-01-29	2015-11-25
	6000. KINDER MORGAN ENER 5.950% 2/15/18		2011-12-05	2015-09-25
	26. KOMATSU LIMITED - ADR		2014-07-29	2015-10-20
	149. LANDSTAR SYS INC COM		2014-09-26	2015-06-02
	219. LATTICE SEMICONDUCTOR CORP		2014-06-20	2015-05-27
	337. LATTICE SEMICONDUCTOR CORP		2014-06-20	2015-05-28
	4620.942 LAZARD EMERGING MKTS PTFL #638		2009-03-31	2015-10-19
	45. LENNOX INTERNATIONAL INC		2014-11-20	2015-01-29
	299. LIFELOCK INC		2014-06-20	2015-08-04
	20. LITHIA MOTORS INC CL A COM		2014-09-26	2015-05-21
	57. LLOYDS BANKING GROUP PLC - ADR		2014-07-29	2015-10-09
	141.00258 LLOYDS BANKING GROUP PLC - ADR		2014-07-29	2015-10-20
	85.99742 LLOYDS BANKING GROUP PLC - ADR		2014-07-29	2015-10-20
	9. MACERICH CO COM		2015-03-24	2015-04-01
	13. MACERICH CO COM		2015-03-24	2015-04-08
	18. MACERICH CO COM		2015-10-22	2015-11-25
	100. CREDIT SUISSE GRP ADR RGTI DEEMD REC		2015-10-28	2015-12-21
	5. MAKITA CORPORATION - ADR		2014-07-29	2015-10-09
	15. MAKITA CORPORATION - ADR		2014-07-29	2015-10-20
	27. MATRIX SVC CO		2014-06-20	2015-10-19
	9. MATSON INC.		2015-03-20	2015-10-19
	84. MEDIOLANUM SPA-UNSPONSOR ADR		2014-07-29	2015-08-13
	78. MEDIOLANUM SPA-UNSPONSOR ADR		2014-07-29	2015-09-28
	22. MEDIOLANUM SPA-UNSPONSOR ADR		2014-07-29	2015-10-20
	405. MEDTRONIC INC		2014-11-24	2015-01-28
	10000. MERCK & CO INC 2.250% 1/15/16		2013-03-20	2015-09-25
	980. MERGE HEALTHCARE INC		2015-07-21	2015-09-24
	55. MIDDLEBY CORP		2014-09-26	2015-04-23
	75. MIDDLEBY CORP		2014-01-14	2015-04-23
	161. MINERALS TECHNOLOGIES INC COM		2014-09-26	2015-06-17
	12. NESTLE S.A. REGISTERED SHARES - ADR		2014-02-19	2015-07-09
	162. NEW JERSEY RES CORP		2014-06-20	2015-06-23
	415. NOBLE ENERGY INC		2014-11-13	2015-01-14
	4. NOVARTIS AG - ADR		2014-07-17	2015-10-09
	24. NOVARTIS AG - ADR		2014-07-29	2015-10-20
	3. NOVO NORDISK A/S - ADR		2011-04-15	2015-10-09
	45. NOVO NORDISK A/S - ADR		2011-04-15	2015-10-22
	78. NOVO NORDISK A/S - ADR		2014-08-28	2015-11-20
	39. NUTRI SYS INC		2014-11-18	2015-08-04
	19. NUVASIVE INC		2014-06-20	2015-09-24
	11. NUVASIVE INC		2014-06-20	2015-10-19
	156. OGE ENERGY CORP COM		2015-09-15	2015-11-23
	37. OMNIVISION TECHNOLOGIES		2014-07-11	2015-10-19
	176. OMNIVISION TECHNOLOGIES		2014-07-11	2015-10-29
	12000. ORACLE CORP 2.500% 10/15/22		2013-04-29	2015-09-25
	792.142 OPPENHEIMER DEVELOPING MKT-I #799		2013-08-02	2015-10-30
	472. PDL BIOPHARMA INC		2014-06-20	2015-03-02
	292.654 PIMCO FOREIGN BD FD USD H-INST #103		2015-02-03	2015-10-19
	6762.849 PIMCO FOREIGN BD FD USD H-INST #103		2014-09-23	2015-10-19
	27. PARAMOUNT GROUP INC		2015-02-04	2015-04-30
	60. PARAMOUNT GROUP INC		2015-02-04	2015-05-13
	73. PARAMOUNT GROUP INC		2014-11-21	2015-05-14
	4162.458 PARTNERS GROUP PRIV EQ TEI LLC (RF)		2010-11-22	2015-12-31
	38. PEARSON PLC - ADR		2015-03-25	2015-10-20
	170. PEARSON PLC - ADR		2015-08-13	2015-11-09
	12000. PEPSICO INC 4.500% 1/15/20		2010-11-23	2015-09-25
	310. PERICOM SEMICONDUCTOR CORP		2015-03-02	2015-11-24
	81. PIPER JAFFRAY COS		2014-11-18	2015-03-02
	102. PROASSURANCE CORPORATION		2014-06-20	2015-09-24
	4. PRUDENTIAL PLC - ADR		2014-07-29	2015-10-09
	39. PRUDENTIAL PLC - ADR		2014-07-29	2015-10-20
	5. PUBLIC STORAGE INC COM		2015-02-04	2015-12-29
	28. QTS REALTY TRUST INC-CL A		2014-06-20	2015-10-19
	.25 QORVO INC		2014-06-20	2015-01-09
	97. QORVO INC		2014-06-20	2015-01-29
	126. QUALCOMM INC		2015-02-04	2015-11-11
	244. QUALCOMM INC		2013-08-12	2015-11-11
	599. RPC INC		2015-02-11	2015-05-29
	52. RED ELECTRICA COR-UNSPON ADR		2014-07-29	2015-10-20
	29. RELX PLC		2015-09-30	2015-10-20
	34. REXAM PLC-SPONSORED ADR		2014-07-29	2015-02-23
	20. REXAM PLC-SPONSORED ADR		2014-07-29	2015-10-20
	621. RIGHTS DEEMED RECEIVED 4/06/15		2015-04-28	2015-04-28
	2865.613 RIDGEWORTH INST US GV US-I #5932		2014-03-21	2015-09-17
	24. ROCHE HOLDINGS LTD - ADR		2014-02-19	2015-07-09
	36. ROCK-TENN CO CL A		2014-01-30	2015-01-13
	133. ROCK-TENN CO CL A		2014-10-09	2015-02-17
	34. ROCK-TENN CO CL A		2014-01-30	2015-02-17
	520. ROGERS COMMUNICATIONS INC CL B		2014-11-24	2015-01-28
	133. ROGERS COMMUNICATIONS INC CL B		2014-12-24	2015-03-30
	70. ROLLS-ROYCE HOLDINGS-SP ADR		2014-07-29	2015-02-13
	23. ROSS STORES INC		2014-09-26	2015-01-12
	46. ROYAL DUTCH SHELL PLC ADR		2014-07-29	2015-01-14
	13. ROYAL DUTCH SHELL PLC ADR		2014-07-29	2015-10-20
	630. KONINKLIJKE KPN N.V. - ADR		2014-12-02	2015-08-05
	147. KONINKLIJKE KPN N.V. - ADR		2014-12-02	2015-10-20
	47. RUTH'S HOSPITALITY GROUP		2014-06-20	2015-10-19
	24. RYANAIR HOLDINGS PLC - ADR		2014-07-29	2015-01-29
	11. RYANAIR HOLDINGS PLC - ADR		2014-07-29	2015-10-20
	14. RYANAIR HOLDINGS PLC-SP ADR		2014-07-29	2015-11-03
	.875 RYANAIR HOLDINGS PLC-SP ADR		2014-07-29	2015-11-05
	17. RYOHIN KEIKAKU CO-UNSP ADR		2014-07-29	2015-07-27
	14. RYOHIN KEIKAKU CO-UNSP ADR		2014-07-29	2015-10-20
	15. SL GREEN REALTY CORP COM		2015-02-04	2015-12-29
	71. SM ENERGY CO		2013-12-23	2015-07-07
	7. SM ENERGY CO		2014-09-26	2015-07-07
	75. SM ENERGY CO		2014-10-13	2015-07-07
	4302. SPDR DJ WILSHIRE INTERNATIONAL REAL		2014-09-22	2015-02-03
	10. SAMPO OYJ-A SHS-UNSP ADR		2014-07-29	2015-10-09
	37. SAMPO OYJ-A SHS-UNSP ADR		2014-07-29	2015-10-20
	35. SANDS CHINA LTD-UNSPONS ADR		2014-07-29	2015-04-22
	8.00014 SANDS CHINA LTD-UNSPONS ADR		2014-11-26	2015-04-29
	26.99986 SANDS CHINA LTD-UNSPONS ADR		2014-12-18	2015-04-29
	581. SCHNEIDER ELECTRIC SE - ADR		2014-02-19	2015-10-01
	621. BANCO BILBAO VIZCAYA ARGENT 11/15/15		2015-11-02	2015-11-02
	15. SEVEN & I HOLDINGS CO., LTD ADR		2014-07-29	2015-10-09
	54. SEVEN & I HOLDINGS CO., LTD ADR		2014-07-29	2015-10-20
	75. SEVEN & I HOLDINGS CO., LTD ADR		2014-07-29	2015-10-26
	23. SHIRE PLC ADR		2014-10-16	2015-10-19
	20. SKECHERS U S A INC		2014-06-20	2015-03-23
	22. SKECHERS U S A INC		2014-06-20	2015-05-27
	10. SKECHERS U S A INC		2014-06-20	2015-07-27
	11. SKECHERS U S A INC		2014-06-20	2015-08-04
	35. SNAP ON INC		2014-11-13	2015-11-11
	8. SOFTBANK GROUP CORP-UNSPON ADR		2014-09-17	2015-10-09
	39. SOFTBANK GROUP CORP-UNSPON ADR		2014-09-17	2015-10-20
	118. SOLARWINDS INC		2014-09-26	2015-03-04
	72. SONY CORPORATION - ADR		2015-07-13	2015-10-01
	19. SONY CORPORATION - ADR		2015-02-05	2015-10-20
	32. SOUTH32 - ADR		2015-05-29	2015-06-03
	455. SOUTHWESTERN ENERGY CO COM		2014-11-13	2015-02-27
	223. STRATEGIC HOTELS & RESORTS INC		2012-09-19	2015-10-22
	65. STRATEGIC HOTELS & RESORTS INC		2015-02-04	2015-10-22
	26. SUMITOMO TRUST AND BANKING ADR		2014-07-29	2015-10-09
	174. SUMITOMO TRUST AND BANKING ADR		2014-07-29	2015-10-20
	119. SUMITOMO MITSUI TR-SPON ADR		2014-02-12	2015-10-20
	.8754 SUNSTONE HOTEL INVS INC NEW		2015-01-30	2015-02-06
	51. SUPERNUS PHARMACEUTICALS INC		2014-12-10	2015-04-15
	87. SUPERNUS PHARMACEUTICALS INC		2014-12-10	2015-06-23
	64. SUPERNUS PHARMACEUTICALS INC		2014-12-10	2015-07-21
	55. SUPERNUS PHARMACEUTICALS INC		2014-12-10	2015-08-04
	43. SWATCH GROUP AG/THE-UNSP ADR		2014-07-29	2015-01-15
	176. SWATCH GROUP AG/THE-UNSP ADR		2012-02-10	2015-01-30
	63. SWATCH GROUP AG/THE-UNSP ADR		2014-07-29	2015-04-07
	11. SWEDBANK AB ADR		2014-10-29	2015-10-09
	28. SWEDBANK AB ADR		2014-07-29	2015-10-20
	14. SWEDBANK AB ADR		2014-10-29	2015-10-20
	40. SYNAPTICS INC		2014-09-26	2015-10-20
	23. SYNAPTICS INC		2014-11-20	2015-11-05
	11. SYNAPTICS INC		2014-11-20	2015-11-18
	20. SYNAPTICS INC		2013-07-30	2015-11-18
	110. SYSMEX CORP-UNSPON ADR		2014-02-19	2015-07-01
	50. SYSMEX CORP-UNSPON ADR		2012-05-23	2015-07-02
	51. TAIWAN SEMICONDUCTOR MANUFACTU - ADR		2013-06-20	2015-01-26
	10. TAIWAN SEMICONDUCTOR MANUFACTU - ADR		2014-02-19	2015-01-26
	37. TAIWAN SEMICONDUCTOR MANUFACTU - ADR		2013-06-20	2015-07-09
	7. TAUBMAN CTRS INC COM		2015-02-04	2015-03-13
	7. TAUBMAN CTRS INC COM		2012-11-07	2015-03-13
	31. TAUBMAN CTRS INC COM		2013-08-08	2015-03-24
	5. TAUBMAN CTRS INC COM		2013-08-08	2015-03-31
	209. TEGNA INC		2012-12-27	2015-09-10
	107. TEGNA INC		2014-09-26	2015-09-10
	13. TELENOR ASA - ADR		2015-04-29	2015-10-20
	2122.241 TEMPLETON EMER MKT S/C-ADV #626		2014-09-23	2015-10-30
	36. TEVA PHARMACEUTICAL INDUSTRIES - ADR		2015-01-21	2015-07-10
	8. TEVA PHARMACEUTICAL INDUSTRIES - ADR		2014-07-29	2015-10-09
	43. TEVA PHARMACEUTICAL INDUSTRIES - ADR		2014-07-29	2015-10-20
	367. TIVO INC		2014-06-20	2015-08-04
	162. TORO CO		2015-03-25	2015-10-14
	884. E-TRACS ALERIAN MLP INFRASTRUCTURE		2014-09-22	2015-10-16
	188. USG CORP COM NEW		2015-02-11	2015-04-08
	249. UBIQUITI NETWORKS INC		2014-09-26	2015-10-16
	87. ULTA SALON COSMETICS & FRAGRAN		2014-09-26	2015-10-06
	23. UNILEVER PLC - ADR		2014-07-29	2015-10-20
	182. UNISYS CORPORATION		2014-06-20	2015-04-15
	232. UNITED INSURANCE HOLDINGS CORP		2014-11-03	2015-04-15
	10000. US TREASURY NOTE 3.500% 2/15/18		2011-06-15	2015-09-25
	29000. US TREASURY NOTE 3.125% 5/15/19		2010-11-23	2015-09-25
	25000. US TREASURY NOTE 2.750% 11/30/16		2010-11-23	2015-09-25
	20000. US TREASURY NOTE 2.125% 5/31/15		2010-11-23	2015-02-24
	10000. US TREASURY NOTE 2.125% 5/31/15		2010-11-23	2015-05-31
	15000. US TREASURY NOTE 2.625% 8/15/20		2010-11-23	2015-09-25
	5000. US TREASURY NOTE 2.250% 11/30/17		2014-05-20	2015-09-25
	16000. US TREASURY NOTE 2.500% 5/15/24		2014-08-27	2015-09-25
	20000. UNITED TECHNOLOGIES 3.100% 6/01/22		2015-02-24	2015-09-25
	13. UNITED THERAPEUTICS CORP DEL		2014-09-26	2015-01-30
	9. UNITED THERAPEUTICS CORP DEL		2014-01-22	2015-01-30
	12. UNITED THERAPEUTICS CORP DEL		2014-01-22	2015-10-26
	97. UNIVERSAL ELECTRONICS INC		2014-06-20	2015-06-23
	.5 URBAN EDGE PROPERTIES-W/I		2013-08-08	2015-01-26
	8. URBAN EDGE PROPERTIES-W/I		2013-01-09	2015-05-27
	9. URBAN EDGE PROPERTIES-W/I		2015-02-04	2015-05-27
	25. URBAN EDGE PROPERTIES-W/I		2013-01-09	2015-06-25
	15. VALEO - ADR		2014-07-29	2015-02-20
	4. VALEO - ADR		2014-07-29	2015-10-09
	9. VALEO - ADR		2014-07-29	2015-10-20
	23. VARIAN MED SYS INC		2014-09-10	2015-01-28
	11. VENTAS INC COM		2015-01-23	2015-12-08
	27. VENTAS INC COM		2015-02-04	2015-12-29
	42. VEREIT, INC.		2015-02-04	2015-08-04
	49. VINCI SA ADR		2015-02-17	2015-10-20
	28. VIVENDI SA-UNSPON ADR		2015-07-13	2015-10-20
	11. VORNADO REALTY TRUST		2015-02-04	2015-05-27
	33. VORNADO REALTY TRUST		2013-08-08	2015-06-29
	6. VORNADO REALTY TRUST		2015-02-04	2015-06-29
	23. WP GLIMCHER INC		2013-08-08	2015-06-29
	12. WP GLIMCHER INC		2015-02-04	2015-06-29
	38. WP GLIMCHER INC		2010-11-18	2015-08-03
	12000. WAL-MART STORES INC 3.625% 7/08/20		2010-11-24	2015-09-25
	5000. WELLPOINT INC 4.350% 8/15/20		2010-11-23	2015-09-25
	23494.891 WF ULTR SHORT-TRMINCOME-I#3104		2014-11-21	2015-02-03
	41. WELLTOWER INC		2015-02-25	2015-11-02
	17. WELLTOWER INC		2014-01-30	2015-11-02
	357. WERNER ENTERPRISES INC		2015-06-02	2015-08-28
	77. WESCO INTL INC		2014-11-19	2015-03-25
	158. WOLSELEY PLC		2014-07-29	2015-10-20
	26. WOLTERS KLUWER NV - ADR		2015-01-20	2015-10-20
	555. XCERRA CORP		2015-05-28	2015-12-04
	126. XINYI GLASS HOLDI-UNSP ADR		2012-07-05	2015-03-06
	9.99966 AON PLC		2015-05-21	2015-10-20
	1.00034 AON PLC		2015-05-21	2015-10-20
	153. EATON CORP PLC		2013-11-20	2015-03-03
	225. EATON CORP PLC		2014-11-13	2015-03-03
	60. MAIDEN HOLDINGS LTD		2014-06-20	2015-10-19
	237. HOME LOAN SERVICING SOLUTION		2014-11-03	2015-03-02
	5. SIGNET JEWELERS LIMITED		2014-07-29	2015-05-15
	5. SIGNET JEWELERS LIMITED		2014-07-29	2015-10-20
	21. TRINSEO SA		2015-06-23	2015-10-19
	5. CHECK POINT SOFTWARE TECH COM		2015-09-29	2015-10-20
	232. AVG TECHNOLOGIES		2014-06-20	2015-04-15
	11. NXP SEMICONDUCTORS NV		2014-09-18	2015-03-02
	30. NXP SEMICONDUCTORS NV		2014-09-18	2015-08-12
	99.6776 RICI LINKED PAM TOTAL INDEX SER (RF)		2010-11-23	2015-06-30
	91. TEEKAY TANKERS LTD		2015-04-15	2015-10-19
	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	5,378	6,015	-637
b	3,350	3,141	209
c	9,072	9,442	-370
d	25,000	30,626	-5,626
e	80,450	98,981	-18,531
	907	814	93
	3,492	3,836	-344
	1,690	1,152	538
	6,396	4,305	2,091
	6,657	4,019	2,638
	25,960	29,168	-3,208
	9,986	10,629	-643
	1,236	809	427
	1,911	1,152	759
	14,758	8,553	6,205
	762	2,093	-1,331
	2,079	1,270	809
	2,088	2,037	51
	9,665	9,680	-15
	2,313	2,964	-651
	1,181	1,522	-341
	10,859	10,090	769
	20,000	20,424	-424
	255	258	-3
	466	515	-49
	405	365	40
	1,188	1,103	85
	823	780	43
	2,577	4,386	-1,809
	7	13	-6
	370	645	-275
	1,631	1,695	-64
	2,526	2,994	-468
	1,878	2,292	-414
	686	847	-161
	964	1,148	-184
	1,855	1,958	-103
	770	844	-74
	9,431	6,567	2,864
	3,552	2,505	1,047
	13,508	12,378	1,130
	10,998	11,698	-700
	9,176	10,194	-1,018
	1,287	1,205	82
	1,497	1,607	-110
	3,186	3,365	-179
	4,247	4,624	-377
	10,990	11,956	-966
	769	1,621	-852
	1,226	885	341
	2,223	4,622	-2,399
	1,527	1,574	-47
	372	367	5
	1,147	1,181	-34
	801	1,073	-272
	6,407	10,733	-4,326
	60	84	-24
	316	357	-41
	1,449	938	511
	1,118	649	469
	997	1,007	-10
	614	543	71
	4,110	3,364	746
	28,131	22,465	5,666
	4,169	4,272	-103
	16	21	-5
	9,865	9,602	263
	882	1,101	-219
	1,004	611	393
	1,195	650	545
	6,261	3,324	2,937
	13,229	13,925	-696
	25,000	24,713	287
	233	263	-30
	496	584	-88
	968	1,015	-47
	601	581	20
	1,616	1,561	55
	10,503	9,077	1,426
	1,790	1,503	287
	2,797	2,800	-3
	770	840	-70
	988	980	8
	2,306	2,352	-46
	537	437	100
	1,008	833	175
	11,456	11,423	33
	5,932	5,648	284
	13,683	17,211	-3,528
	835	648	187
	5,156	3,936	1,220
	7,034	8,131	-1,097
	2,020	1,206	814
	16,016	17,133	-1,117
	8,062	7,660	402
	363	606	-243
	144	240	-96
	4,320	4,588	-268
	1,907	4,839	-2,932
	8,768	11,156	-2,388
	8,595	10,657	-2,062
	5,558	3,772	1,786
	1,132	1,067	65
	354	154	200
	2,751	883	1,868
	1,042	796	246
	1,389	913	476
	820	701	119
	160	167	-7
	162	169	-7
	16,283	16,129	154
	10,100	10,112	-12
	443	484	-41
	286	313	-27
	1,160	1,038	122
	70,000	71,526	-1,526
	1,032	1,015	17
	45	33	12
	1,558	1,107	451
	801	571	230
	828	978	-150
	229	250	-21
	1,365	1,141	224
	708	586	122
	1,383	577	806
	14,715	14,200	515
	8,255	7,755	500
	2,113	1,908	205
	5,324	4,511	813
	12,000	13,056	-1,056
	7,261	12,855	-5,594
	11,612	12,575	-963
	3,371	3,853	-482
	2,161	1,414	747
	5,842	4,716	1,126
	1,149	939	210
	9,959	10,047	-88
	448	466	-18
	5,101	5,571	-470
	5,816	2,520	3,296
	2,790	1,926	864
	439	488	-49
	418	465	-47
	2,750	3,790	-1,040
	745	808	-63
	181	168	13
	811	741	70
	2,086	1,300	786
	1,102	596	506
	1,278	914	364
	1,324	674	650
	5,098	2,460	2,638
	1,322	644	678
	1,091	789	302
	9,359	7,933	1,426
	3,034	4,975	-1,941
	22,917	22,701	216
	11,023	10,980	43
	4	11	-7
	3,805	4,287	-482
	10,721	10,940	-219
	236	232	4
	17	16	1
	732	701	31
	5,404	5,881	-477
	2,690	1,354	1,336
	1,184	802	382
	118,000	127,821	-9,821
	564	545	19
	6	5	1
	1,930	1,820	110
	658	649	9
	1,056	925	131
	1,210	1,350	-140
	1,278	980	298
	6,433	6,790	-357
	415	620	-205
	9,826	10,040	-214
	1,330	1,839	-509
	2,081	2,830	-749
	69,083	50,320	18,763
	4,468	4,166	302
	2,250	3,746	-1,496
	2,135	1,527	608
	271	297	-26
	666	735	-69
	406	448	-42
	722	785	-63
	1,017	1,134	-117
	1,430	1,547	-117
	48		48
	287	303	-16
	828	910	-82
	622	951	-329
	406	378	28
	1,434	1,346	88
	1,108	1,250	-142
	347	352	-5
	31,165	29,480	1,685
	10,049	10,462	-413
	6,943	4,978	1,965
	5,702	4,806	896
	7,776	5,932	1,844
	11,065	10,117	948
	884	758	126
	4,576	4,535	41
	17,224	22,173	-4,949
	366	356	10
	2,218	2,123	95
	163	76	87
	2,395	988	1,407
	4,258	3,535	723
	1,169	731	438
	1,014	672	342
	550	389	161
	4,032	4,180	-148
	1,061	808	253
	5,066	3,846	1,220
	11,663	12,005	-342
	25,000	27,966	-2,966
	3,291	4,654	-1,363
	3,111	3,199	-88
	71,889	75,000	-3,111
	494	505	-11
	1,112	1,120	-8
	1,345	1,350	-5
	75,000	45,084	29,916
	698	853	-155
	2,112	3,496	-1,384
	13,186	13,152	34
	5,503	5,137	366
	4,432	4,663	-231
	5,030	4,583	447
	185	190	-5
	1,826	1,852	-26
	1,258	1,015	243
	1,241	808	433
	17	10	7
	7,154	3,799	3,355
	6,654	8,970	-2,316
	12,885	15,476	-2,591
	8,635	8,562	73
	917	909	8
	521	496	25
	1,449	1,514	-65
	832	890	-58
	91	93	-2
	28,914	29,000	-86
	849	592	257
	2,237	1,852	385
	9,286	6,557	2,729
	2,374	1,749	625
	18,503	20,639	-2,136
	4,568	5,196	-628
	4,919	6,263	-1,344
	2,197	1,738	459
	2,828	3,769	-941
	713	1,065	-352
	2,460	2,103	357
	537	491	46
	728	583	145
	1,639	1,288	351
	882	590	292
	1,170	770	400
	74	48	26
	744	422	322
	556	348	208
	1,709	1,914	-205
	2,932	6,163	-3,231
	289	556	-267
	3,231	5,157	-1,926
	188,567	189,613	-1,046
	249	253	-4
	906	935	-29
	1,469	2,614	-1,145
	324	483	-159
	1,092	1,427	-335
	6,456	8,132	-1,676
	58	56	2
	339	326	13
	1,219	1,173	46
	1,659	1,630	29
	4,871	4,098	773
	1,455	895	560
	2,267	985	1,282
	1,217	448	769
	1,682	492	1,190
	5,973	4,734	1,239
	212	321	-109
	1,045	1,502	-457
	5,906	5,131	775
	1,779	1,988	-209
	518	512	6
	267	288	-21
	11,796	15,056	-3,260
	3,132	1,415	1,717
	913	870	43
	209	215	-6
	1,375	1,439	-64
	440	566	-126
	15	15
	689	449	240
	1,433	765	668
	1,257	563	694
	1,171	484	687
	907	1,169	-262
	3,489	3,644	-155
	1,345	1,712	-367
	263	292	-29
	660	735	-75
	330	371	-41
	3,442	3,013	429
	2,093	1,427	666
	953	682	271
	1,732	788	944
	3,285	1,273	2,012
	1,516	470	1,046
	1,227	897	330
	241	178	63
	826	651	175
	536	576	-40
	536	544	-8
	2,468	2,270	198
	389	357	32
	4,849	2,585	2,264
	2,483	2,626	-143
	804	895	-91
	25,000	27,695	-2,695
	2,212	2,017	195
	467	437	30
	2,502	2,350	152
	3,597	4,609	-1,012
	11,814	10,453	1,361
	26,489	40,098	-13,609
	4,895	5,228	-333
	8,513	9,763	-1,250
	14,448	8,917	5,531
	1,040	1,030	10
	4,160	4,561	-401
	5,037	4,326	711
	10,625	10,839	-214
	30,960	30,493	467
	25,668	26,390	-722
	20,109	20,755	-646
	10,000	10,377	-377
	15,794	14,910	884
	5,158	5,213	-55
	16,516	16,080	436
	20,211	20,864	-653
	1,840	1,759	81
	1,274	1,019	255
	1,526	1,359	167
	4,914	4,579	335
	12	8	4
	176	124	52
	198	214	-16
	547	381	166
	1,137	927	210
	301	247	54
	670	556	114
	1,996	1,976	20
	588	771	-183
	1,521	1,844	-323
	370	395	-25
	804	736	68
	687	747	-60
	1,122	1,229	-107
	3,173	2,431	742
	577	671	-94
	316	312	4
	165	207	-42
	522	448	74
	12,911	12,053	858
	5,372	5,140	232
	199,237	199,961	-724
	2,666	3,313	-647
	1,105	1,023	82
	9,474	9,817	-343
	5,374	6,514	-1,140
	912	848	64
	878	787	91
	3,432	5,012	-1,580
	1,517	1,394	123
	915	1,023	-108
	92	102	-10
	10,753	10,195	558
	15,814	14,882	932
	898	720	178
	4,369	4,499	-130
	665	523	142
	730	523	207
	626	589	37
	407	393	14
	4,937	4,607	330
	1,091	798	293
	2,733	2,177	556
	71,034	97,255	-26,221
	733	567	166
			23,760

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			-637
b			209
c			-370
d			-5,626
e			-18,531
			93
			-344
			538
			2,091
			2,638
			-3,208
			-643
			427
			759
			6,205
			-1,331
			809
			51
			-15
			-651
			-341
			769
			-424
			-3
			-49
			40
			85
			43
			-1,809
			-6
			-275
			-64
			-468
			-414
			-161
			-184
			-103
			-74
			2,864
			1,047
			1,130
			-700
			-1,018
			82
			-110
			-179
			-377
			-966
			-852
			341
			-2,399
			-47
			5
			-34
			-272
			-4,326
			-24
			-41
			511
			469
			-10
			71
			746
			5,666
			-103
			-5
			263
			-219
			393
			545
			2,937
			-696
			287
			-30
			-88
			-47
			20
			55
			1,426
			287
			-3
			-70
			8
			-46
			100
			175
			33
			284
			-3,528
			187
			1,220
			-1,097
			814
			-1,117
			402
			-243
			-96
			-268
			-2,932
			-2,388
			-2,062
			1,786
			65
			200
			1,868
			246
			476
			119
			-7
			-7
			154
			-12
			-41
			-27
			122
			-1,526
			17
			12
			451
			230
			-150
			-21
			224
			122
			806
			515
			500
			205
			813
			-1,056
			-5,594
			-963
			-482
			747
			1,126
			210
			-88
			-18
			-470
			3,296
			864
			-49
			-47
			-1,040
			-63
			13
			70
			786
			506
			364
			650
			2,638
			678
			302
			1,426
			-1,941
			216
			43
			-7
			-482
			-219
			4
			1
			31
			-477
			1,336
			382
			-9,821
			19
			1
			110
			9
			131
			-140
			298
			-357
			-205
			-214
			-509
			-749
			18,763
			302
			-1,496
			608
			-26
			-69
			-42
			-63
			-117
			-117
			48
			-16
			-82
			-329
			28
			88
			-142
			-5
			1,685
			-413
			1,965
			896
			1,844
			948
			126
			41
			-4,949
			10
			95
			87
			1,407
			723
			438
			342
			161
			-148
			253
			1,220
			-342
			-2,966
			-1,363
			-88
			-3,111
			-11
			-8
			-5
			29,916
			-155
			-1,384
			34
			366
			-231
			447
			-5
			-26
			243
			433
			7
			3,355
			-2,316
			-2,591
			73
			8
			25
			-65
			-58
			-2
			-86
			257
			385
			2,729
			625
			-2,136
			-628
			-1,344
			459
			-941
			-352
			357
			46
			145
			351
			292
			400
			26
			322
			208
			-205
			-3,231
			-267
			-1,926
			-1,046
			-4
			-29
			-1,145
			-159
			-335
			-1,676
			2
			13
			46
			29
			773
			560
			1,282
			769
			1,190
			1,239
			-109
			-457
			775
			-209
			6
			-21
			-3,260
			1,717
			43
			-6
			-64
			-126

			240
			668
			694
			687
			-262
			-155
			-367
			-29
			-75
			-41
			429
			666
			271
			944
			2,012
			1,046
			330
			63
			175
			-40
			-8
			198
			32
			2,264
			-143
			-91
			-2,695
			195
			30
			152
			-1,012
			1,361
			-13,609
			-333
			-1,250
			5,531
			10
			-401
			711
			-214
			467
			-722
			-646
			-377
			884
			-55
			436
			-653
			81
			255
			167
			335
			4
			52
			-16
			166
			210
			54
			114
			20
			-183
			-323
			-25
			68
			-60
			-107
			742
			-94
			4
			-42
			74
			858
			232
			-724
			-647
			82
			-343
			-1,140
			64
			91
			-1,580
			123
			-108
			-10
			558
			932
			178
			-130
			142
			207
			37
			14
			330
			293
			556
			-26,221
			166

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	12,270
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))
2014	323,641	6,206,383	0.052146
2013	332,549	6,108,830	0.054437
2012	529,372	6,109,662	0.086645
2011	346,257	6,574,468	0.052667
2010	236,334	6,998,833	0.033768

Total of line 1, column (d) .....................

20.279663

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 . . .

0.055933

Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....

5,928,910

Multiply line 4 by line 3......................

331,622

Enter 1% of net investment income (1% of Part I, line 27b)...........

968

Add lines 5 and 6........................

332,590

Enter qualifying distributions from Part XII, line 4.............

342,965

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)

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 here and 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	968
	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	968
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	968
6	Credits/Payments:

a	2015 estimated tax payments and 2014 overpayment credited to 2015	6a	11,120
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	11,120
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	10,152
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax968	Refunded	11	9,184

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 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?

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

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

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

Form 990-PF (2015)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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

WELLS FARGO BANK NA Telephone no. bullet

(800) 352-3705

Located at bullet

1 WEST 4TH STREETWINSTON SALEMNC ZIP+4 bullet

271013818

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 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

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 2015?.............

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 2015, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2015?.............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 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.)..................

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 2015?

Form 990-PF (2015)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (Continued)

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 (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-)
WELLS FARGO BANK NA	TRUSTEE 0	56,517
1525 W WT HARRIS BLVD D1114 044 CHARLOTTE,NC28288	TRUSTEE 0	56,517
RUTH H LINDEBORG	ADVISORY COMMITTEE 5	7,214
7 FOREST VIEW ROAD ROSE VALLEY,PA19086	ADVISORY COMMITTEE 5	7,214
ANDREW R DAVIDSON	ADVISORY COMMITTEE 5	7,214
605 W 113TH ST APT 82 NEW YORK,NY10025	ADVISORY COMMITTEE 5	7,214
NADINE J KASLOW	ADVISORY COMMITTEE 5	7,214
1923 FOREST GREEN DR ATLANTA,GA30329	ADVISORY COMMITTEE 5	7,214

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

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)

Page 8

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

5,793,249

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

225,949

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

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

6,019,198

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

6,019,198

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

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

90,288

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

5,928,910

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

296,446

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

296,446

Tax on investment income for 2015 from Part VI, line 5......

968

Income tax for 2015. (This does not include the tax from Part VI.)...

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

968

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

295,478

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

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

295,478

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

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

295,478

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 ..........

342,965

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

342,965

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

968

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

341,997

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)

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					295,478
2 Undistributed income, if any, as of the end of 2015:
a Enter amount for 2014 only.......				42,089
b Total for prior years:2013, 20, 20			0
3 Excess distributions carryover, if any, to 2015:
a From 2010......	0
b From 2011......	0
c From 2012......	0
d From 2013......	0
e From 2014......	0
fTotal of lines 3a through e........		0
4Qualifying distributions for 2015 from Part
XII, line 4: $ 342,965
a Applied to 2014, but not more than line 2a				42,089
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2015 distributable amount.....					295,478
e Remaining amount distributed out of corpus		5,398
5 Excess distributions carryover applied to 2015.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		5,398
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2014. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2016. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........					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 2010 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2016. Subtract lines 7 and 8 from line 6a ......		5,398
10 Analysis of line 9:
a Excess from 2011....	0
b Excess from 2012....	0
c Excess from 2013....	0
d Excess from 2014....	0
e Excess from 2015....	5,398

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 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) 2015	(b) 2014	(c) 2013	(d) 2012	(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 (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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ELIZABETH GERBER 2530 BENNETT AVENUE EVANSTON,IL60201	NONE	NC	AWARD EDUCATIONAL PURPOSES	25,000
FLORENCE WAGMAN ROISMAN 225 E NORTH STREET APT 2505 INDIANAPOLIS,IN46204	NONE	NC	AWARD EDUCATIONAL PURPOSES	25,000
MICHAEL J CHORNEY 1931 WEXFORD ROAD PALMYRA,PA17078	NONE	NC	AWARD EDUCATIONAL PURPOSES	25,000
K DANIEL O'LEARY 236 CHRISTIAN AVENUE STONY BROOK,NY11790	NONE	NC	AWARD EDUCATIONAL PURPOSES	25,000
MARIE ANITA FAILINGER 1536 HEWITT AVE ST PAUL,MN55104	NONE	NC	AWARD EDUCATIONAL PURPOSES	25,000
MELISA CAHNMAN TAYLOR PO BOX 1362 ATHENS,GA30603	NONE	NC	AWARD EDUCATIONAL PURPOSES	25,000
DAVID M BECKER 540 NORTH SOUTH ROAD 204 ST LOUIS,MO63130	NONE	NC	AWARD EDUCATIONAL PURPOSES	25,000
RALPH D FERTIG 927 THAYER AVENUE LOS ANGELES,CA90024	NONE	NC	AWARD EDUCATIONAL PURPOSES	25,000
DANIEL CLOSE 2209 FAIRMONT BLVD EUGENE,OR97403	NONE	NC	AWARD EDUCATIONAL PURPOSES	25,000
DAWN D BENNETT ALEXANDER 175 SAINT JAMES DRIVE ATHENS,GA30606	NONE	NC	AWARD EDUCATIONAL PURPOSES	25,000
Total ................................. 3a				250,000

bApproved for future payment

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

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	(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 ...........			14	24
4 Dividends and interest from securities....			14	134,337
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	12,270
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aFEE REBATE			14	2,770
bROYALTY INCOME			14	1,777
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				151,178

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

13151,178

(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 (2015)

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 organizations?

Yes

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 EIN
	Firm's address				Phone no.

Form 990-PF (2015)

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	4,243			4,243

Person Name	Explanation
WELLS FARGO BANK NA	SEE ATTACHED FOOTNOTE

Name of Bond	End of Year Book Value	End of Year Fair Market Value
031162AZ3 AMGEN INC
166751AJ6 CHEVRON CORP
38141GEA8 GOLDMAN SACHS GROUP
40429CFN7 HSBC FINANCE CORP	7,797	7,011
713448BN7 PEPSICO INC
87612EAN6 TARGET CORP	10,666	9,234
931142CU5 WAL-MART STORES INC
94973VAS6 WELLPOINT INC
4812C0803 JPMORGAN HIGH YIELD	47,231	41,418
693390882 PIMCO FOREIGN BD FD	41,801	37,900
06051GEC9 BANK OF AMERICA CORP
437076AP7 HOME DEPOT INC
494550AY2 KINDER MORGAN ENER
00206RAV4 AT&T INC
36962G5J9 GENERAL ELEC CAP COR
084664BE0 BERKSHIRE HATHAWAY
277911491 EATON VANCE FLOATING	121,391	112,060
406216BD2 HALLIBURTON COMPANY
464288588 ISHARES MBS ETF
46429B366 ISHARES CMBS ETF
58933YAB1 MERCK & CO INC
68389XAP0 ORACLE CORP
949917744 WF ADV ULTR SHORT-TR
037833AK6 APPLE INC
76628T439 RIDGEWORTH INST US G
0258M0DC0 AMERICAN EXPRESS CRE	8,142	8,102
044820504 ASHMORE EMERG MKTS C	17,076	15,656
06051GFB0 BANK OF AMERICA CORP	6,251	6,197
126650BW9 CVS CAREMARK CORP	8,584	8,463
172967GL9 CITIGROUP INC	4,032	4,012
20030NBB6 COMCAST CORP	7,701	7,447
278865AK6 ECOLAB INC	8,168	8,115
29379VAV5 ENTERPRISE PRODUCTS	4,032	3,557
315920702 FID ADV EMER MKTS IN	40,974	39,100
345370CQ1 FORD MOTOR COMPANY	7,580	7,541
36962G3P7 GENERAL ELEC CAP COR	6,306	6,118
38141GVM3 GOLDMAN SACHS GROUP	6,194	6,158
46625HHS2 JPMORGAN CHASE & CO	8,645	8,539
52469E807 WESTERN ASSET SHRT-T	160,000	158,351
52470G742 WESTERN ASSET SMASH	57,130	56,167
52470G759 WESTERN ASSET SMASH	102,546	101,127
91086QBD9 UNITED MEXICAN STATE	8,180	8,120
92343VBR4 VERIZON COMMUNICATIO	8,858	8,795

- TIN:

TY 2015 InvestmentsCorpStockSchedule

Name:

ELIZABETH HURLOCK BECKMAN AWARD

EIN:

37-1564854

Name of Stock	End of Year Book Value	End of Year Fair Market Value
139594105 CAPELLA EDUCATION CO
48020Q107 JONES LANG LASALLE I	9,485	12,789
50540R409 LABORATORY CRP OF AM	9,886	11,622
012653101 ALBEMARLE CORP COM	6,341	6,777
52106N889 LAZARD EMERGING MKTS
845467109 SOUTHWESTERN ENERGY
30162A108 EXELIS INC
254687106 WALT DISNEY CO	28,351	38,354
025816109 AMERICAN EXPRESS CO
09247X101 BLACKROCK INC	26,188	26,220
46625H100 JPMORGAN CHASE & CO	35,272	41,071
478160104 JOHNSON & JOHNSON	31,488	30,302
585055106 MEDTRONIC INC
58933Y105 MERCK & CO INC NEW	22,756	20,864
037833100 APPLE INC	44,428	54,209
747525103 QUALCOMM INC
74005P104 PRAXAIR INC COM	22,632	17,920
243537107 DECKERS OUTDOOR CORP	13,342	7,316
778296103 ROSS STORES INC	7,541	13,883
231021106 CUMMINS INC.	21,922	14,082
95082P105 WESCO INTL INC
315616102 F5 NETWORKS INC	9,465	8,532
494368103 KIMBERLY CLARK CORP	23,171	26,097
92343V104 VERIZON COMMUNICATIO	25,524	24,034
001317205 AIA GROUP LTD-SP ADR	9,446	15,596
003021714 ABERDEEN EMERG MARKE
009126202 AIR LIQUIDE - ADR	10,470	11,080
018805101 ALLIANZ SE ADR	9,695	13,550
03073E105 AMERISOURCEBERGEN CO	5,514	11,927
03524A108 ANHEUSER-BUSCH INBEV	14,202	19,375
03748R101 APARTMENT INVT & MGM	5,789	8,086
042068106 ARM HOLDINGS PLC - A	5,868	10,541
045387107 ASSA ABLOY AB-UNSP A	2,613	5,679
049255706 ATLAS COPCO AB ADR	5,690	5,836
053484101 AVALONBAY CMNTYS INC	7,533	10,495
055434203 BG GROUP PLC - ADR	14,491	11,572
056752108 BAIDU INC ADR	9,915	11,342
101121101 BOSTON PROPERTIES IN	7,866	10,331
133131102 CAMDEN PPTY TR SH BE
136375102 CANADIAN NATL RR CO	5,349	8,103
16359R103 CHEMED CORP NEW	5,099	8,239
229663109 CUBESMART	2,926	5,910
23304Y100 DBS GROUP HOLDINGS L	5,106	5,370
23317H102 DDR CORP	3,377	4,058
237545108 DASSAULT SYSTEMES S.	8,688	18,194
26613Q106 DUPONT FABROS TECHNO
26884U109 EPR PROPERTIES	3,702	4,501
294752100 EQUITY ONE INC	3,677	4,507
29476L107 EQUITY RESIDENTIAL P	11,523	14,849
297178105 ESSEX PPTY TR COM	8,918	13,407
30225T102 EXTRA SPACE STORAGE	554	2,205
30249U101 FMC TECHNOLOGIES INC	25,597	21,148
307305102 FANUC CORPORATION AD	10,666	11,724
313747206 FEDERAL RLTY INVT TR	3,154	4,967
32054K103 FIRST INDL RLTY TR I	2,803	5,178
358029106 FRESENIUS MEDICAL CA	5,281	6,862
364730101 GANNETT INC
370023103 GENERAL GROWTH PROPE	7,748	10,748
38143H381 GOLDMAN SACHS COMM S
40414L109 HCP INC
42217K106 HEALTH CARE REIT INC
43858F109 HONG KONG EXCH & CLE
44107P104 HOST HOTELS & RESORT	6,292	5,937
45104G104 ICICI BANK LTD. - AD	7,875	7,595
453038408 IMPERIAL OIL LTD COM	4,590	3,577
457187102 INGREDION INC	8,449	12,268
458140100 INTEL CORP	34,780	34,450
465562106 ITAU UNIBANCO H-SPON	11,937	5,807
466140100 JGC CORP-UNSPONSORED	8,405	4,462
48667L106 KDDI CORP-UNSPONSORE	3,752	4,777
500458401 KOMATSU LIMITED - AD	3,003	2,058
502117203 L'OREAL - ADR	6,691	10,024
502441306 LVMH MOET HENNESSY U	4,227	4,126
515098101 LANDSTAR SYS INC COM	9,017	7,976
57686G105 MATSON INC.	4,667	4,732
62474M108 MTN GROUP LTD ADR	7,018	3,092
641069406 NESTLE S.A. REGISTER	11,536	14,958
64126X201 NEUSTAR INC	8,837	8,533
66987V109 NOVARTIS AG - ADR	35,461	35,018
670100205 NOVO NORDISK A/S - A	6,207	12,778
70509V100 PEBBLEBROOK HOTEL TR	4,268	4,147
731068102 POLARIS INDS INC COM	6,795	6,274
74340W103 PROLOGIS INC	8,080	10,387
74460D109 PUBLIC STORAGE INC C	11,536	18,825
771195104 ROCHE HOLDINGS LTD -	31,965	35,676
780259206 ROYAL DUTCH SHELL PL	4,137	2,610
78440X101 SL GREEN REALTY CORP	7,066	9,942
803054204 SAP SE	9,373	12,814
803866300 SASOL LIMITED - ADR	6,046	3,674
804395101 SAUL CTRS INC COM	2,084	2,512
806857108 SCHLUMBERGER LTD	9,343	8,719
80687P106 SCHNEIDER ELECTRIC S
828806109 SIMON PROPERTY GROUP	18,427	29,944
83569C102 SONOVA HOLDIN-UNSPON	3,280	4,453
86272T106 STRATEGIC HOTELS & R
866674104 SUN CMNTYS INC COM	2,935	3,701
867892101 SUNSTONE HOTEL INVS	3,689	3,447
86959C103 SVENSKA HANDELSB-A-U	3,135	3,703
870123106 SWATCH GROUP AG/THE-
87162H103 SYNTEL INC	8,776	11,856
87184P109 SYSMEX CORP-UNSPON A	3,498	12,016
874039100 TAIWAN SEMICONDUCTOR	10,050	15,993
876664103 TAUBMAN CTRS INC COM
88019R690 TEMPLETON EMER MKT S	146,305	145,895
881624209 TEVA PHARMACEUTICAL	4,480	5,382
900148701 TURKIYE GARANTI BANK	6,616	3,972
90384S303 ULTA SALON COSMETICS
90460M204 UNI CHARM CORPORATIO	6,929	9,650
904767704 UNILEVER PLC - ADR	10,586	11,772
92276F100 VENTAS INC COM	9,048	9,706
929042109 VORNADO REALTY TRUST	2,453	3,399
98418R100 XINYI GLASS HOLDI-UN
G1151C101 ACCENTURE PLC	32,322	39,710
G16962105 BUNGE LIMITED	8,327	8,398
M22465104 CHECK POINT SOFTWARE	3,971	3,906
001204106 AGL RES INC COM
025932104 AMERICAN FINL GROUP	9,061	12,254
03027X100 AMERICAN TOWER CORP	3,543	3,490
042735100 ARROW ELECTRS INC
05946K101 BANCO BILBAO VIZCAYA	6,067	4,552
071813109 BAXTER INTL INC
072743206 BAYERISCHE MOTOREN W	8,146	8,612
088606108 BHP BILLITON LIMITED	7,511	3,194
112463104 BROOKDALE SR LIVING
126650100 CVS HEALTH CORPORATI	26,497	26,887
14040H105 CAPITAL ONE FINANCIA	39,205	34,646
22160K105 COSTCO WHOLESALE COR	19,743	25,840
233326107 DST SYS INC COM	8,890	13,573
264411505 DUKE REALTY CORPORAT	3,449	4,057
268648102 E M C CORP MASS
375558103 GILEAD SCIENCES INC	21,205	25,298
38259P508 GOOGLE INC
384109104 GRACO INC	10,307	10,378
49427F108 KILROY REALTY CORP C	2,195	2,784
50048H101 KONE OYJ-B-UNSPONSOR	5,914	5,547
536797103 LITHIA MOTORS INC CL	7,618	11,414
594918104 MICROSOFT CORP	37,138	48,268
596278101 MIDDLEBY CORP
606783207 MITSUBISHI ESTATE CO	6,082	4,338
61022V107 MONOTARO CO LTD-UNSP	1,918	4,781
690768403 OWENS ILL INC COM NE	11,445	8,187
78454L100 SM ENERGY CO
82481R106 SHIRE PLC ADR	5,081	5,330
86562X106 SUMITOMO MITSUI TR-S	1,922	1,629
87157D109 SYNAPTICS INC	2,752	5,624
872540109 TJX COMPANIES INC	20,271	24,109
90267B682 ETRACS ALERIAN MLP U	97,353	61,602
902973304 US BANCORP	28,806	27,522
90347A100 UBIQUITI NETWORKS IN
911312106 UNITED PARCEL SERVIC	28,473	26,944
92826C839 VISA INC-CLASS A SHR	13,997	24,196
92937A102 WPP PLC NEW ADR	7,729	14,687
G29183103 EATON CORP PLC
00507G102 ACTELION LTD-UNSP AD	3,679	4,202
009279100 AIRBUS GROUP NV - UN
011659109 ALASKA AIR GROUP INC
02917T104 AMERICAN REALTY CAPI
03232P405 AMSURG CORP	3,740	5,624
032359309 AMTRUST FINANCIAL SE	3,457	4,988
03485P201 ANGLO AMERN PLC ADR
041356205 ARLINGTON ASSET INVE
045055100 ASHTEAD GROUP PLC-UN	3,092	3,221
045519402 ASSOC BRITISH FOODS-	2,875	2,919
048173108 ATLANTIA SPA-UNSPONS
05565A202 BNP PARIBAS - ADR	4,027	3,448
05566U108 BOFI HOLDING INC
072730302 BAYER AG - ADR	6,561	6,117
08160H101 BENCHMARK ELECTRS IN
095180105 BLOUNT INTERNATIONAL
110448107 BRITISH AMERICAN TOB	7,980	7,290
111621306 BROCADE COMMUNICATIO	4,628	4,553
118440106 BUCKLE INC COM
124830100 CBL & ASSOC PPTYS IN
12637N204 CSL LTE-SPONSORED AD	3,920	8,731
128030202 CAL MAINE FOODS INC	3,030	3,893
142795202 CARLSBERG AS-B-SPON	4,195	4,096
15135B101 CENTENE CORP DEL
194162103 COLGATE PALMOLIVE CO	25,243	24,649
204319107 COMPAGNIE FINANCIERE	3,515	2,570
23381B106 DAIKIN INDUSTRIES-UN
234062206 DAIWA HOUSE IND LTD	5,809	8,027
235851102 DANAHER CORP	35,393	39,938
248019101 DELUXE CORP	16,438	13,853
260003108 DOVER CORP COM
26168L205 DREW INDUSTRIES INC
26875P101 EOG RESOURCES, INC	28,196	21,237
277923728 EATON VANCE GLOBAL M	85,000	81,835
28140H203 EDUCATION REALTY TRU	2,150	2,500
29084Q100 EMCOR GROUP INC COM	4,588	4,852
292218104 EMPLOYERS HOLDINGS I	4,782	5,870
29275Y102 ENERSYS
29355A107 ENPHASE ENERGY INC
30219G108 EXPRESS SCRIPTS HOLD	26,340	29,719
30239F106 FBL FINL GROUP INC C	3,842	5,218
31422T101 FEDERATED NATIONAL H	5,083	6,001
34988V106 FOSSIL GROUP INC	9,515	3,583
35804M105 FRESENIUS SE & CO-SP	2,708	3,981
35952Q106 FUCHS PETROLUB SE-PR	5,098	5,133
36162J106 GEO GROUP INC/THE	445	376
370334104 GENERAL MILLS INC	21,149	23,929
37253A103 GENTHERM INC	9,871	9,859
379577208 GLOBUS MEDICAL INC -	5,683	7,011
388689101 GRAPHIC PACKAGING HL	4,575	5,042
393222104 GREEN PLAINS INC.
393657101 THE GREENBRIER COMPA	4,516	2,055
40418F108 HFF INC
40428X222 HSBC FRONTIER MARKET	129,000	90,275
421924309 HEALTHSOUTH REHABILI	4,685	4,386
437076102 HOME DEPOT INC	28,156	37,691
450911201 ITT CORP	4,617	3,523
45672B305 INFORMA PLC-SP ADR	3,469	3,813
45772F107 INPHI CORP	2,737	4,837
458118106 INTEGRATED DEVICE TE	3,689	5,850
45824V209 INSYS THERAPEUTICS I
45825N107 INTELIQUENT INC	3,752	4,478
458334109 INTER PARFUMS INC	9,854	7,456
46113M108 INTERVAL LEISURE GRO
461418246 PALMER SQUARE SSI AL	75,000	68,683
471105205 JAPAN TOBACCO INC-UN	5,063	5,777
48123V102 J2 GLOBAL INC	3,810	6,256
516012101 LANNETT INC	12,302	10,832
518415104 LATTICE SEMICONDUCTO
526107107 LENNOX INTERNATIONAL	9,656	10,741
53224V100 LIFELOCK INC
535223200 LINDE AG ADR	4,241	3,260
539439109 LLOYDS BANKING GROUP	6,851	5,733
560877300 MAKITA CORPORATION -	4,673	4,466
576853105 MATRIX SVC CO	5,793	4,416
58502L104 MEDIOLANUM SPA-UNSPO	2,203	2,684
603158106 MINERALS TECHNOLOGIE
64128R608 NEUBERGER BERMAN LON	100,000	95,994
646025106 NEW JERSEY RES CORP
655044105 NOBLE ENERGY INC
67069D108 NUTRI SYS INC	3,915	4,523
670704105 NUVASIVE INC	3,572	5,465
682128103 OMNIVISION TECHNOLOG
683974604 OPPENHEIMER DEVELOPI	120,034	110,239
69329Y104 PDL BIOPHARMA INC
693475105 PNC FINANCIAL SERVIC	29,329	31,929
69924R108 PARAMOUNT GROUP INC
71714F104 PHARMERICA CORP	4,567	5,495
724078100 PIPER JAFFRAY COS
74267C106 PROASSURANCE CORPORA
744320102 PRUDENTIAL FINL INC	26,435	25,644
74435K204 PRUDENTIAL PLC - ADR	8,596	8,159
74736A103 QTS REALTY TRUST INC	3,723	5,819
74925K581 BOSTON P LNG/SHRT RE	140,000	140,220
749660106 RPC INC
74972G103 RPX CORP	4,627	2,937
749941100 RF MICRO DEVICES INC
756568101 RED ELECTRICA COR-UN	3,595	3,591
761655604 REXAM PLC-SPONSORED	3,740	3,756
772739207 ROCK-TENN CO CL A
775109200 ROGERS COMMUNICATION
775781206 ROLLS-ROYCE HOLDINGS
780641205 KONINKLIJKE KPN N.V.	2,014	2,417
783332109 RUTH'S HOSPITALITY G	4,046	5,190
783513104 RYANAIR HOLDINGS PLC
78392U105 RYOHIN KEIKAKU CO-UN	1,632	2,717
78463X863 SPDR DJ WILSHIRE INT
79588J102 SAMPO OYJ-A SHS-UNSP	4,473	4,477
80007R105 SANDS CHINA LTD-UNSP	10,952	4,923
801056102 SANMINA CORP	4,738	4,260
81619Q105 SELECT MEDICAL HOLDI	4,632	3,490
81783H105 SEVEN & I HOLDINGS C	4,259	4,479
830566105 SKECHERS U S A INC	1,701	3,444
833034101 SNAP ON INC	26,376	33,429
83404D109 SOFTBANK GROUP CORP-	6,590	4,558
83416B109 SOLARWINDS INC
847560109 SPECTRA ENERGY CORP	29,504	18,434
85771P102 STATOIL ASA ADR	18,793	11,936
862121100 STORE CAPITAL CORP	1,935	2,134
863667101 STRYKER CORP	26,962	27,417
86562M209 SUMITOMO TRUST AND B	6,089	5,586
868459108 SUPERNUS PHARMACEUTI	2,349	3,588
870195104 SWEDBANK AB ADR	5,589	4,685
87155N109 SYMRISE AG ADR	4,185	5,124
88164L100 TESSERA TECHNOLOGIES	4,644	3,841
887317303 TIME WARNER INC	32,082	25,545
888706108 TIVO INC
891826109 TOWER INTERNATIONAL	4,588	3,771
894648104 TRECORA RESOURCES	4,606	4,225
902641646 E-TRACS ALERIAN MLP
904708104 UNIFIRST CORP MASS	4,653	4,689
909214306 UNISYS CORPORATION
910710102 UNITED INSURANCE HOL
913004107 UNITED STATIONERS IN
91307C102 UNITED THERAPEUTICS	4,338	7,047
913483103 UNIVERSAL ELECTRONIC
918204108 V F CORP	28,791	24,589
919134304 VALEO - ADR	3,205	4,103
92220P105 VARIAN MED SYS INC	7,767	7,676
939647103 WASHINGTON PRIME GRO
977868306 WOLSELEY PLC	3,348	3,423
977874205 WOLTERS KLUWER NV -	3,114	3,753
G5753U112 MAIDEN HOLDINGS LTD	3,996	4,965
G6648D109 HOME LOAN SERVICING
G81276100 SIGNET JEWELERS LIMI	1,988	2,350
N07831105 AVG TECHNOLOGIES
N6596X109 NXP SEMICONDUCTORS N	29,115	25,275
015271109 ALEXANDRIA REAL ESTA	4,666	4,608
02079K305 ALPHABET INC CL A	36,084	51,349
04010E109 ARGAN INC	5,089	4,633
044103109 ASHFORD HOSPITALITY	5,892	4,385
053807103 AVNET INC	11,400	10,839
06738C778 BARCLAYS BANK PLC IP	50,003	43,412
090672106 BIOTELEMETRY INC	4,242	5,104
12503M108 CBOE HOLDINGS INC	11,883	11,617
141624106 CARE CAPITAL PROPERT	1,308	1,253
172755100 CIRRUS LOGIC INC	4,762	4,754
174610105 CITIZENS FINANCIAL G	17,502	17,416
19624Y101 COLOPLAST AS - UNSPO	1,927	2,213
19765Y688 COLUMB SEL LGE CAP G	93,287	91,443
199908104 COMFORT SYS USA INC	4,768	4,121
20449X302 COMPASS GROUP PLC -	4,550	4,705
210771200 CONTINENTAL AG-SPONS	2,279	2,453
223622101 COWEN GROUP INC	5,235	3,179
225401108 CREDIT SUISSE GROUP	2,519	2,169
22822V101 CROWN CASTLE INTL CO	2,495	2,507
242370203 DEAN FOODS CO	4,999	4,853
24869P104 DENNYS CORP	4,885	4,089
254067101 DILLARDS INC CL A	10,402	7,557
292505104 ENCANA CORP	3,815	1,481
29444U700 EQUINIX INC	11,239	11,491
29977A105 EVERCORE PARTNERS IN	4,899	4,974
30255G103 FCB FINANCIAL HOLDIN	3,676	5,762
303075105 FACTSET RESH SYS INC	10,176	10,404
316389584 FIDELITY ADV INTER R	200,000	189,905
361592108 GEA GROUP AG ADR	1,291	1,246
37518B102 GIGAMON INC	4,655	4,490
398438408 GRIFOLS SA-ADR	3,993	3,694
404609109 HACKETT GROUP INC	4,124	5,592
42727J102 HERITAGE INSURANCE H	4,951	4,408
444097109 HUDSON PACIFIC PROPE	2,236	2,167
45071R109 IXIA	4,833	3,953
452308109 ILLINOIS TOOL WORKS	19,226	19,463
45329R109 INC RESEARCH HOLDING	4,925	5,773
46123D205 INVENSENSE INC	4,711	3,969
477143101 JETBLUE AWYS CORP	12,075	14,405
48241F104 KBC GROEP NV-UNSP AD	2,451	2,523
591520200 METHODE ELECTRON INC	4,847	3,947
602496101 MIMEDX GROUP INC	5,213	4,226
631512100 NASPERS LTD ADR	4,728	4,091
636220303 NATIONAL GENERAL HOL	4,866	5,684
63872T885 ASG GLOBAL ALTERNATI	80,000	71,409
651229106 NEWELL RUBBERMAID IN	19,891	21,379
688239201 OSHKOSH CORPORATION	11,300	10,853
74144Q203 T ROWE PRICE INST EM	81,420	80,064
748356102 QUESTAR CORP	4,216	4,364
759530108 RELX PLC	3,995	4,119
76009N100 RENT-A-CENTER INC	10,247	5,793
770323103 ROBERT HALF INTL INC	11,549	9,239
783513203 RYANAIR HOLDINGS PLC	1,596	2,507
811065101 SCRIPPS NETWORKS INT	9,416	8,392
81616X103 SELECT COMFORT CORPO	7,926	5,952
81768T108 SERVISFIRST BANCSHAR	9,479	9,268
835699307 SONY CORPORATION - A	3,048	2,830
864909106 SUCAMPO PHARMACEUTIC	5,094	4,063
86800U104 SUPER MICRO COMPUTER	10,309	9,387
87944W105 TELENOR ASA - ADR	3,833	2,787
92339V100 VEREIT, INC.	1,563	1,338
927320101 VINCI SA ADR	3,034	3,257
92839U206 VISTEON CORP/NEW	6,581	6,298
92852T201 VIVENDI SA-UNSPON AD	3,375	2,711
929566107 WABASH NATL CORP	4,834	4,815
95040Q104 WELLTOWER INC	4,384	6,123
981811102 WORTHINGTON INDS INC	9,736	10,700
98884U108 ZAGG INC	4,756	4,606
G0408V102 AON PLC	4,675	4,334
G5960L103 MEDTRONIC PLC	32,284	32,306
L9340P101 TRINSEO SA	4,709	4,738
Y62159101 NAVIOS MARITIME ACQU	5,044	3,772
Y8565N102 TEEKAY TANKERS LTD	4,372	4,830

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
GRA994205 GRAHAM ALT INV FD II	AT COST	37,167	39,254
RCI991006 RICI LINKED PAM TOTA
70299RF16 PARTNERS GROUP PRIV	AT COST	223,150	367,397
GTA999HB0 GAI AURORA OPP FUND
GTC999HB8 GAI CORBIN FUND 5% H
SKY990RF9 SKYBRIDGE MULTI-ADVI	AT COST	170,000	153,772

Description	Amount
MUTUAL FUND POSTING DATE AFTER TYE	2,224
ROC BASIS ADJUSTMENT	751
ACCURED INT PAID EFF DATE AFTER TYE	575
SALES WITH GAIN POST NEXT EFF CURRENT	30,159
ROUNDING	5

Description	Amount
MUTUAL FUND TAX EFFECTIVE DATE BEFORE TYE	7,494
SALES WITH LOSS POST NEXT EFF CURRENT	529
MUTUAL FUND ADJUSTMENT	771

Category	Amount	Net Investment Income
FOREIGN TAXES	1,928	1,928
FEDERAL TAX PAYMENT - PRIOR YE	5,842	0
FEDERAL ESTIMATES - PRINCIPAL	9,903	0
FOREIGN TAXES ON QUALIFIED FOR	942	942
FOREIGN TAXES ON NONQUALIFIED	744	744