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
ROBERT A BECKER SCHOLARSHIP TR

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

54-6916454

B Telephone number (see instructions)

(336) 747-8190

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

$1,553,298J 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	13		13
4	Dividends and interest from securities...	34,212		33,145
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		36,569
b	Gross sales price for all assets on line 6a 578,103
7	Capital gain net income (from Part IV, line 2)...			36,569
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	70,794		69,727
13	Compensation of officers, directors, trustees, etc.	23,631		18,905		4,726
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).......		1,000	0	0	1,000
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		1,360	631		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).......		12	12
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	26,003		19,548	0	5,726
25	Contributions, gifts, grants paid.......	87,000				87,000
26	Total expenses and disbursements. Add lines 24 and 25	113,003		19,548	0	92,726
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-42,209
b	Net investment income (if negative, enter -0-)			50,179
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.........	87,959	73,410	73,410
	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).......	1,035,029	1,084,646	1,245,953
	c	Investments—corporate bonds (attach schedule).......	301,960	226,149	233,935
	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)	1,424,948	1,384,205	1,553,298
	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........	1,424,948	1,384,205
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see instructions).....	1,424,948	1,384,205
	31	Total liabilities and net assets/fund balances (see instructions).	1,424,948	1,384,205

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

1,424,948

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

-42,209

Other increases not included in line 2 (itemize) bullet

2,611

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

1,385,350

Decreases not included in line 2 (itemize) bullet

1,145

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

1,384,205

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	90. APACHE CORP		2010-02-16	2015-07-31
b	473.071 ARTISAN INTERNATIONAL FD INS #662		2010-02-19	2015-09-22
c	165.323 ARTISAN MID CAP FUND-INS #1333		2013-05-07	2015-02-05
d	44. CALIFORNIA RESOURCES CORP		2010-02-16	2015-09-22
e	25000. CAMPBELL SOUP CO 3.050% 7/15/17		2010-07-06	2015-02-02
	3784.861 CREDIT SUISSE COMM RET ST-I #2156		2015-02-05	2015-09-22
	6384.631 CREDIT SUISSE COMM RET ST-I #2156		2015-02-05	2015-11-24
	3272.076 DIAMOND HILL LONG-SHORT FD CL I #11		2013-02-08	2015-02-05
	293.49 DODGE & COX INT'L STOCK FD #1048		2010-02-19	2015-09-22
	304.878 DREYFUS INTERNATL BOND FD CL I #6094		2015-02-05	2015-09-22
	2432.23 GATEWAY FUND - Y #1986		2013-05-07	2015-02-05
	14212.991 GOLDMAN SACHS COMM STRATEGY #2653		2013-12-05	2015-02-05
	.0137 GOOGLE INC-CL C		2014-04-29	2015-05-06
	2448.058 KALMAR GR W/ VAL SM CAP-INS #4		2013-02-08	2015-09-22
	1284.897 KEELEY SMALL CAP VAL FD CL I #2251		2010-02-19	2015-02-05
	1657.106 MERGER FUND-INST #301		2013-05-07	2015-02-05
	64.641 MERGER FUND-INST #301		2012-06-19	2015-09-22
	25000. NOVARTIS CAPITAL COR 2.900% 4/24/15		2010-07-06	2015-04-24
	458.295 PIMCO FOREIGN BD FD USD H-INST #103		2015-02-05	2015-09-22
	40. PRECISION CASTPARTS CORP		2010-02-16	2015-09-22
	5400.326 RIDGEWORTH SEIX HY BD-I #5855		2010-02-19	2015-02-05
	25000. SHELL INTERNATIONAL 3.250% 9/22/15		2010-02-23	2015-09-22
	105. VANGUARD REIT VIPER		2010-02-16	2015-02-05
	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	4,126	9,333	-5,207
b	13,000	9,105	3,895
c	8,000	7,383	617
d	140	310	-170
e	25,951	25,079	872
	19,000	22,331	-3,331
	30,135	37,669	-7,534
	77,679	58,000	19,679
	11,000	9,019	1,981
	4,710	5,000	-290
	72,286	68,000	4,286
	54,436	80,303	-25,867
	8	7	1
	45,460	42,463	2,997
	48,929	25,993	22,936
	26,000	26,238	-238
	1,000	1,020	-20
	25,000	25,741	-741
	4,876	5,000	-124
	9,163	4,401	4,762
	46,875	49,683	-2,808
	25,000	25,308	-308
	9,129	4,148	4,981
			16,200

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			-5,207
b			3,895
c			617
d			-170
e			872
			-3,331
			-7,534
			19,679
			1,981
			-290
			4,286
			-25,867
			1
			2,997
			22,936
			-238
			-20
			-741
			-124
			4,762
			-2,808
			-308
			4,981

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	36,569
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	81,569	1,750,837	0.046589
2013	81,548	1,711,065	0.047659
2012	80,452	1,576,679	0.051026
2011	90,221	1,425,224	0.063303
2010	79,988	1,367,531	0.058491

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

20.267068

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 . . .

0.053414

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

1,658,145

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

88,568

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

502

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

89,070

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

92,726

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	502
	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	502
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	502
6	Credits/Payments:

a	2015 estimated tax payments and 2014 overpayment credited to 2015	6a	592
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	592
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	90
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax90	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 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

(336) 747-8190

Located at bullet

1 WEST 4TH STREET 2ND FLWINSTONSALEMNC ZIP+4 bullet

27101

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-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
WELLS FARGO BANK NA	TRUSTEE 40	23,631
1525 W WT HARRIS BLVD CHARLOTTE,NC28288	TRUSTEE 40	23,631

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

1,557,180

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

126,216

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

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

1,683,396

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

1,683,396

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

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

25,251

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

1,658,145

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

82,907

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

82,907

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

502

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

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

502

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

82,405

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

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

82,405

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

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

82,405

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 ..........

92,726

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

92,726

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

502

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

92,224

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					82,405
2 Undistributed income, if any, as of the end of 2015:
a Enter amount for 2014 only.......				0
b Total for prior years:2013, 20, 20			0
3 Excess distributions carryover, if any, to 2015:
a From 2010......	4,279
b From 2011......	19,650
c From 2012......	2,860
d From 2013......	0
e From 2014......	0
fTotal of lines 3a through e........		26,789
4Qualifying distributions for 2015 from Part
XII, line 4: $ 92,726
a Applied to 2014, 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 2015 distributable amount.....					82,405
e Remaining amount distributed out of corpus		10,321
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		37,110
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) ...		4,279
9Excess distributions carryover to 2016. Subtract lines 7 and 8 from line 6a ......		32,831
10 Analysis of line 9:
a Excess from 2011....	19,650
b Excess from 2012....	2,860
c Excess from 2013....	0
d Excess from 2014....	0
e Excess from 2015....	10,321

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
DUQUESNE UNIVERSITY 600 FORBES STREET 4TH FL PITTSBURGH,PA15282	NONE	PC	SCHOLARSHIPS	87,000
Total ................................. 3a				87,000

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	13
4 Dividends and interest from securities....			14	34,212
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	36,569
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				70,794

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

1370,794

(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

- TIN:

TY 2015 AccountingFeesSchedule

Name:

ROBERT A BECKER SCHOLARSHIP TR

EIN:

54-6916454

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC	1,000			1,000

- TIN:

TY 2015 InvestmentsCorpBondsSchedule

Name:

ROBERT A BECKER SCHOLARSHIP TR

EIN:

54-6916454

Name of Bond	End of Year Book Value	End of Year Fair Market Value
05531FAF0 BB&T CORPORATION	25,653	25,255
097014AL8 BOEING CAPITAL CORP	25,175	27,429
134429AV1 CAMPBELL SOUP CO
17275RAG7 CISCO SYSTEMS INC
36962G4G6 GENERAL ELEC CAP COR
373334JP7 GEORGIA POWER COMPAN	25,034	26,685
38141EA58 GOLDMAN SACHS GROUP	24,797	27,464
459200GR6 IBM CORP
66989HAC2 NOVARTIS CAPITAL COR
713448BN7 PEPSICO INC	25,505	27,152
76628T645 RIDGEWORTH SEIX HY B
822582AH5 SHELL INTERNATIONAL
880208400 TEMPLETON GLOBAL BON
913017BR9 UNITED TECHNOLOGIES	24,875	27,358
931142CP6 WAL-MART STORES INC	25,110	26,772
261980494 DREYFUS EMG MKT DEBT	8,000	6,724
262028855 DRIEHAUS ACTIVE INCO	17,000	16,171
315920702 FID ADV EMER MKTS IN	6,000	5,726
4812C0803 JPMORGAN HIGH YIELD	19,000	17,199

- TIN:

TY 2015 InvestmentsCorpStockSchedule

Name:

ROBERT A BECKER SCHOLARSHIP TR

EIN:

54-6916454

Name of Stock	End of Year Book Value	End of Year Fair Market Value
437076102 HOME DEPOT INC	8,930	40,336
580135101 MCDONALDS CORP	8,953	16,540
824348106 SHERWIN WILLIAMS CO
487836108 KELLOGG CO
742718109 PROCTER & GAMBLE CO	9,078	11,514
871829107 SYSCO CORP
931142103 WAL MART STORES INC	8,844	10,115
037411105 APACHE CORP
166764100 CHEVRON CORP	3,664	11,245
30231G102 EXXON MOBIL CORPORAT	8,910	10,523
674599105 OCCIDENTAL PETE CORP	8,593	7,437
084670702 BERKSHIRE HATHAWAY I	11,409	19,806
46625H100 JPMORGAN CHASE & CO	10,151	16,838
857477103 STATE STREET CORP
902973304 US BANCORP	7,119	12,801
075887109 BECTON DICKSON & CO
478160104 JOHNSON & JOHNSON	8,903	14,381
941848103 WATERS CORP
369604103 GENERAL ELECTRIC CO	10,057	6,230
740189105 PRECISION CASTPARTS
913017109 UNITED TECHNOLOGIES	8,914	12,969
00846U101 AGILENT TECHONOLGIES
17275R102 CISCO SYSTEMS INC	8,854	10,047
426281101 HENRY JACK & ASSOC I
459200101 INTERNATIONAL BUSINE	8,741	9,633
594918104 MICROSOFT CORP	8,892	17,476
959802109 WESTERN UNION CO/THE
826552101 SIGMA ALDRICH CORP
04314H204 ARTISAN INTERNATIONA
05633T209 BAC CAP TRUST
20030N408 COMCAST CORP NEW
36186C301 GMAC LLC
H89128104 TYCO INTERNATIONAL L
25243Q205 DIAGEO PLC - ADR	8,863	14,724
256206103 DODGE & COX INT'L ST	69,824	83,940
487300808 KEELEY SMALL CAP VAL
66987V109 NOVARTIS AG - ADR
74460D554 PUBLIC STORAGE
76628T645 RIDGEWORTH SEIX HIGH
880208400 TEMPLETON GLOBAL
G24140108 COOPER INDUSTRIES
922042858 VANGUARD FTSE EMERGI	70,462	56,098
92857W209 VODAFONE GROUP PLC N
251591822 DELELOPERS DIVERSIFI
23317H508 DDR CORP 7.375% PFD
43738R109 HOMEBANC CORP/GA	1,702
448108100 HUSSMAN STRATEGIC GR
73935S105 POWERSHARES DB COMMO
78463X863 SPDR DJ WILSHIRE INT	57,875	64,431
922908553 VANGUARD REIT VIPER	34,428	66,495
037833100 APPLE INC	19,737	21,894
04314H600 ARTISAN MID CAP FUND	57,838	62,987
22544R305 CREDIT SUISSE COMM R
25264S833 DIAMOND HILL LONG-SH
339128100 JP MORGAN MID CAP VA	57,774	69,146
375558103 GILEAD SCIENCES INC	1,505	4,048
589509108 MERGER FD SH BEN INT
683974505 OPPENHEIMER DEVELOPI
87234N849 TCW SMALL CAP GROWTH
907818108 UNION PACIFIC CORP	9,611	10,948
G29183103 EATON CORP PLC	7,675	8,014
367829884 GATEWAY FUND - Y #19
38143H381 GOLDMAN SACHS COMM S
483438305 KALMAR GR W/ VAL SM
03524A108 ANHEUSER-BUSCH INBEV	1,664	1,875
13057Q107 CALIFORNIA RESOURCES
20030N101 COMCAST CORP CLASS A	1,804	1,975
231021106 CUMMINS INC.	2,250	1,320
38259P706 GOOGLE INC-CL C
478366107 JOHNSON CONTROLS INC	1,767	1,580
58155Q103 MCKESSON CORP	2,528	2,958
589509207 MERGER FUND-INST #30	16,741	16,184
611740101 MONSTER BEVERAGE COR
68389X105 ORACLE CORPORATION	1,808	1,644
683974604 OPPENHEIMER DEVELOPI	105,000	93,457
91324P102 UNITEDHEALTH GROUP I	3,379	5,294
92343V104 VERIZON COMMUNICATIO	6,447	6,193
92857W308 VODAFONE GROUP PLC-S	11,018	8,968
00203H859 AQR MANAGED FUTURES	32,000	29,513
02079K107 ALPHABET INC CL C	2,631	3,794
025083320 AMER CENT SMALL CAP	52,000	49,101
03076C106 AMERIPRISE FINL INC	4,149	3,512
04314H402 ARTISAN INTERNATIONA	59,432	89,624
097023105 BOEING CO	11,889	12,869
126650100 CVS HEALTH CORPORATI	11,780	11,537
254687106 WALT DISNEY CO	13,070	13,450
61174X109 MONSTER BEVERAGE COR	2,990	6,703
63872T885 ASG GLOBAL ALTERNATI	40,000	37,985
64128R608 NEUBERGER BERMAN LON	35,000	33,670
722005667 PIMCO COMMODITY REAL	28,984	27,014
74255L696 PRINCIPAL GL MULT ST	17,000	16,218
74925K581 BOSTON P LNG/SHRT RE	17,000	16,731
85917K546 STERLING CAPITAL STR	55,000	52,235
867224107 SUNCOR ENERGY INC NE	10,009	9,933

- TIN:

TY 2015 OtherDecreasesSchedule

Name:

ROBERT A BECKER SCHOLARSHIP TR

EIN:

54-6916454

Description	Amount
MUTUAL FUNDS POSTING NEXT YR EFFECTIVE CURRENT YR	26
ROC ADJUSTMENTS	1,115
ROUNDING	4

- TIN:

TY 2015 OtherExpensesSchedule

Name:

ROBERT A BECKER SCHOLARSHIP TR

EIN:

54-6916454

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ADR FEES	12	12		0

- TIN:

TY 2015 OtherIncreasesSchedule

Name:

ROBERT A BECKER SCHOLARSHIP TR

EIN:

54-6916454

Description	Amount
MUTUAL FUNDS POSTING CURRENT TAX YR EFFECTIVE PREVIOUS	2,611

- TIN:

TY 2015 TaxesSchedule

Name:

ROBERT A BECKER SCHOLARSHIP TR

EIN:

54-6916454

Category	Amount	Net Investment Income
FOREIGN TAXES	27	27
FEDERAL TAX PAYMENT - PRIOR YE	137	0
FEDERAL ESTIMATES - PRINCIPAL	592	0
FOREIGN TAXES ON QUALIFIED FOR	419	419
FOREIGN TAXES ON NONQUALIFIED	185	185