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 06-01-2015 , and ending 05-31-2016

Name of foundation
TW PRICE GILBERT JR CHARITABLE FUND

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

58-2064640

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

$7,687,021J 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
4	Dividends and interest from securities...	174,905		173,965
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-107,491
b	Gross sales price for all assets on line 6a 3,324,187
7	Capital gain net income (from Part IV, line 2)...			0
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).......		4,145	31,732
12	Total. Add lines 1 through 11........	71,559		205,697
13	Compensation of officers, directors, trustees, etc.	102,129		64,630		37,499
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)....		7,335	7,335		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		7,603	5,734		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		1,172	5,159
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	119,239		82,858	0	38,499
25	Contributions, gifts, grants paid.......	405,000				405,000
26	Total expenses and disbursements. Add lines 24 and 25	524,239		82,858	0	443,499
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-452,680
b	Net investment income (if negative, enter -0-)			122,839
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.............	1,334
	2	Savings and temporary cash investments.........	82,238	235,683	235,683
	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)		159,025	161,453
	b	Investments—corporate stock (attach schedule).......	5,489,001	5,133,711	5,284,470
	c	Investments—corporate bonds (attach schedule).......	774,123	875,004	924,480
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	1,414,102	917,655	1,080,935
	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)	7,760,798	7,321,078	7,687,021
	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........	7,760,798	7,321,078
	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).....	7,760,798	7,321,078
	31	Total liabilities and net assets/fund balances (see instructions).	7,760,798	7,321,078

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

7,760,798

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

-452,680

Other increases not included in line 2 (itemize) bullet

24,127

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

7,332,245

Decreases not included in line 2 (itemize) bullet

11,167

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

7,321,078

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	93. AIA GROUP LTD-SP ADR		2012-03-30	2016-04-22
b	5723.63 ABERDEEN EMERG MARKETS-INST #5840		2013-06-27	2015-10-30
c	17344.373 ABERDEEN EMERG MARKETS-INST #5840		2015-02-04	2015-12-08
d	151.585 ABERDEEN EMERG MARKETS-INST #5840		2013-06-27	2015-12-08
e	2695.418 JOHCM INTERNATIONAL SEL-I #180		2014-06-18	2016-04-21
	37. AIR LIQUIDE - ADR		2011-02-08	2015-07-09
	72. AIR LIQUIDE - ADR		2016-02-10	2016-04-22
	124. ALBEMARLE CORP COM		2015-10-20	2016-03-14
	8. ALEXANDRIA REAL ESTATE EQUITIES		2015-05-28	2016-04-14
	47. ALFA LAVAL AB-UNSPON ADR		2016-02-09	2016-04-22
	56. ALLIANZ SE ADR		2013-02-04	2016-02-16
	62. ALLIANZ SE ADR		2013-02-04	2016-04-22
	12. AMERICAN FINL GROUP INC OHIO COM		2014-11-24	2016-03-02
	15. AMERICAN FINL GROUP INC OHIO COM		2015-07-06	2016-03-02
	146. AMERICAN FINL GROUP INC OHIO COM		2014-11-24	2016-04-05
	32. AMSURG CORP		2014-06-20	2016-03-09
	26. AMSURG CORP		2014-06-20	2016-05-24
	26. AMTRUST FINANCIAL SERVICES INC		2014-06-20	2015-07-22
	22. AMTRUST FINANCIAL SERVICES INC		2014-06-20	2015-08-04
	172. AMTRUST FINANCIAL SERVICES INC		2014-08-29	2015-10-14
	62. AMTRUST FINANCIAL SERVICES INC		2014-11-24	2015-10-14
	59. AMTRUST FINANCIAL SERVICES INC		2014-06-20	2016-05-24
	244. ANGLO AMERN PLC ADR		2014-10-15	2015-09-29
	6. ANHEUSER-BUSCH INBEV SPN ADR		2014-07-29	2016-03-10
	10. ANHEUSER-BUSCH INBEV SPN ADR		2012-05-03	2016-04-22
	53. APARTMENT INVT & MGMT CO CL A		2012-08-22	2016-01-13
	24. APARTMENT INVT & MGMT CO CL A		2015-10-22	2016-01-13
	180. APPLE INC		2014-11-24	2015-08-19
	14. APPLE INC		2014-11-24	2016-02-05
	52. ARGAN INC		2015-05-28	2016-05-24
	34. ARM HOLDINGS PLC - ADR		2015-10-27	2016-04-22
	58. ARROW ELECTRS INC		2014-11-24	2015-11-24
	145. ARROW ELECTRS INC		2013-09-09	2015-11-24
	252. ASHFORD HOSPITALITY TRUST		2015-07-21	2016-05-24
	6741.573 ASHMORE EMERG MKTS CR DB-INS		2015-02-04	2015-09-17
	32. ASHTEAD GROUP PLC-UNSPON ADR		2014-07-29	2016-01-28
	6. ASSOC BRITISH FOODS-UNSP ADR		2014-07-29	2016-03-10
	117. ASTRONICS CORP COM		2015-03-20	2015-10-29
	.55 ASTRONICS CORP		2015-03-20	2015-10-26
	17. ASTRONICS CORP		2015-03-20	2015-10-27
	296. ATLANTIA SPA-UNSPONSORED ADR		2014-07-29	2015-07-08
	35. ATLAS COPCO AB ADR		2011-02-08	2016-04-22
	344. AVIS BUDGET GROUP		2016-02-17	2016-05-27
	286. BG GROUP PLC - ADR		2014-07-29	2016-01-07
	679. BG GROUP PLC - ADR		2014-12-03	2016-03-07
	199. BNP PARIBAS - ADR		2014-12-26	2016-01-20
	36. BOFI HOLDING INC		2014-04-22	2015-09-15
	72. BOFI HOLDING INC		2015-07-07	2015-09-15
	10. BAIDU INC ADR		2015-02-17	2016-04-22
	107. BANCO BILBAO VIZCAYA ARGENT- ADR		2013-02-21	2016-04-22
	3175. BARCLAYS BANK PLC IPATH BLOOMBERG CO		2015-10-09	2016-02-10
	154. BAXTER INTL INC		2013-12-12	2015-06-05
	261. BAXTER INTL INC		2014-11-24	2015-06-05
	3. BAYER AG - ADR		2014-07-29	2016-03-10
	14. BAYER AG - ADR		2014-07-29	2016-04-28
	31. BAYER AG - ADR		2014-07-29	2016-05-19
	6.99995 BAYER AG - ADR		2014-07-29	2016-05-26
	28.00005 BAYER AG - ADR		2014-07-29	2016-05-26
	36. BAYERISCHE MOTOREN WERKE (BMW) ADR		2013-07-24	2016-04-22
	325. BENCHMARK ELECTRS INC COM		2014-06-20	2015-06-23
	277. BIOTELEMETRY INC		2015-05-28	2016-05-16
	134. BIOTELEMETRY INC		2015-05-28	2016-05-24
	16. BLACKROCK INC		2014-11-24	2015-08-19
	493. BLOUNT INTERNATIONAL INC		2014-09-04	2015-08-04
	180. BROCADE COMMUNICATIONS SYSTEMS		2014-06-20	2016-05-24
	67. BROOKDALE SR LIVING INC		2013-12-18	2015-09-11
	26. BROOKDALE SR LIVING INC		2015-01-23	2015-09-11
	210. BUCKLE INC COM		2015-01-30	2015-11-23
	32. CBL & ASSOC PPTYS INC COM		2014-03-25	2015-10-22
	183. CBOE HOLDINGS INC		2015-10-14	2016-04-27
	52. CSL LTE-SPONSORED ADR		2011-02-08	2016-03-30
	22. CSL LTE-SPONSORED ADR		2011-02-08	2016-04-22
	65. CVS HEALTH CORPORATION		2015-01-14	2015-08-19
	44. CAL MAINE FOODS INC		2014-06-20	2015-08-04
	37. CAL MAINE FOODS INC		2014-06-20	2016-05-24
	26. CAMDEN PPTY TR SH BEN INT		2012-01-13	2015-07-06
	71. CAMDEN PPTY TR SH BEN INT		2012-01-13	2015-09-21
	140. CAMERON INTL CORP		2015-04-30	2015-08-19
	405. CAMERON INTL CORP		2015-04-30	2015-11-03
	18. CANADIAN NATL RR CO COM		2011-03-09	2016-04-22
	134. CAPELLA EDUCATION CO		2014-06-20	2015-07-21
	130. CAPITAL ONE FINANCIAL CORP		2014-11-24	2015-08-19
	.75 CARE CAPITAL PROPERTIES INC		2015-01-23	2015-08-26
	47.25 CARE CAPITAL PROPERTIES INC		2014-12-23	2016-01-13
	5.75 CARE CAPITAL PROPERTIES INC		2015-02-11	2016-01-13
	99. CARLISLE COS INC		2015-04-23	2015-06-18
	22. CARLSBERG AS-B-SPON ADR		2014-08-23	2016-03-10
	26. CHEMED CORP NEW		2014-11-24	2016-03-02
	31. CHEMED CORP NEW		2014-03-17	2016-03-15
	58. CIRRUS LOGIC INC		2015-08-04	2016-05-24
	120. COLGATE PALMOLIVE CO		2014-11-13	2015-08-19
	56. COMFORT SYS USA INC COM		2015-12-04	2016-05-24
	73.00127 COMPAGNIE FINANCIERE - ADR		2014-07-29	2016-03-31
	138.99873 COMPAGNIE FINANCIERE - ADR		2014-07-29	2016-03-31
	75. COSTCO WHOLESALE CORP		2014-11-24	2015-08-19
	70. COSTCO WHOLESALE CORP		2014-11-24	2015-12-17
	552. COWEN GROUP INC		2015-06-23	2016-05-16
	887. COWEN GROUP INC		2015-06-23	2016-05-17
	5. CUMMINS INC.		2014-05-30	2015-08-19
	40. CUMMINS INC.		2014-11-24	2015-08-19
	65. CYRUSONE INC		2015-07-06	2015-10-22
	20. DBS GROUP HOLDINGS LIMITED - ADR		2011-07-20	2016-04-22
	121. DDR CORP		2012-05-24	2016-02-08
	124. DST SYS INC COM		2014-11-24	2016-01-27
	13. DAIKIN INDUSTRIES-UNSPONADR		2014-07-29	2015-12-09
	28. DAIKIN INDUSTRIES-UNSPONADR		2014-08-27	2015-12-15
	12. DAIWA HOUSE IND LTD ADR		2014-07-29	2016-03-10
	130. DANAHER CORP		2014-11-24	2015-08-19
	15. DASSAULT SYSTEMES S.A. - ADR		2010-12-10	2016-02-16
	21. DASSAULT SYSTEMES S.A. - ADR		2010-12-10	2016-04-22
	103. DEAN FOODS CO		2015-07-21	2016-05-24
	158. DECKERS OUTDOOR CORP		2015-05-21	2016-05-24
	29. DELUXE CORP		2014-06-20	2016-05-24
	151. DENNYS CORP		2015-04-15	2016-05-24
	118. DILLARDS INC CL A		2015-10-06	2016-01-21
	115. WALT DISNEY CO		2014-11-24	2015-08-19
	80. DOVER CORP COM		2014-11-13	2015-08-19
	220. DOVER CORP COM		2014-11-13	2015-11-11
	173. DREW INDUSTRIES INC		2014-09-04	2015-10-29
	110. DRIL-QUIP INC COM		2015-05-29	2015-10-07
	279. E M C CORP MASS		2013-08-14	2015-06-16
	901. E M C CORP MASS		2014-11-24	2015-06-16
	110. EOG RESOURCES, INC		2014-11-24	2015-08-19
	8000. ECOLAB INC 3.000% 12/08/16		2015-10-01	2016-02-29
	37. EMCOR GROUP INC COM		2014-06-20	2016-05-24
	77. EMPLOYERS HOLDINGS INC		2014-06-20	2016-05-24
	472. ENCANA CORP		2015-11-09	2016-02-11
	540. ENPHASE ENERGY INC		2014-09-04	2015-07-21
	25. EQUITY RESIDENTIAL PPTYS TR SH BEN		2015-09-21	2016-04-14
	12. EQUITY RESIDENTIAL PPTYS TR SH BEN		2015-02-04	2016-04-14
	269. ESSENDANT INC		2014-11-24	2015-10-06
	6. ESSEX PPTY TR COM		2013-12-06	2016-04-14
	33. EVERCORE PARTNERS INC		2015-09-24	2016-05-24
	540. EVERBANK FINANCIAL CORP		2015-09-15	2015-12-24
	87. EXPRESS INC		2016-04-22	2016-05-24
	115. EXPRESS SCRIPTS HOLDING CO		2014-11-24	2015-08-19
	51. EXTRA SPACE STORAGE INC		2011-11-28	2015-07-21
	36. FBL FINL GROUP INC CL A		2014-06-20	2016-05-24
	70. FCB FINANCIAL HOLDINGS, INC		2015-01-29	2015-08-04
	58. FCB FINANCIAL HOLDINGS, INC		2015-01-29	2016-05-24
	28. FANUC CORPORATION ADR		2011-02-08	2015-07-09
	75. FANUC CORPORATION ADR		2016-04-12	2016-04-22
	15715.04 FHLMC POOL #G08592 4.000% 6/01/44		2015-10-09	2015-11-09
	279.76 FHLMC POOL #G08592 4.000% 6/01/44		2015-10-09	2015-11-15
	87.2 FHLMC POOL #G08669 4.000% 9/01/45		2015-11-09	2015-12-15
	107.53 FHLMC POOL #G08669 4.000% 9/01/45		2015-11-09	2016-01-15
	141.29 FHLMC POOL #G08669 4.000% 9/01/45		2015-11-09	2016-02-15
	276.2 FHLMC POOL #G08669 4.000% 9/01/45		2015-11-09	2016-03-15
	506.97 FHLMC POOL #G08669 4.000% 9/01/45		2015-11-09	2016-04-15
	477.99 FHLMC POOL #G08669 4.000% 9/01/45		2016-04-11	2016-05-15
	154.03 FHLMC POOL #G08641 3.500% 5/01/45		2015-10-07	2015-11-15
	155.53 FHLMC POOL #G08641 3.500% 5/01/45		2015-10-07	2015-12-15
	165.8 FHLMC POOL #G08641 3.500% 5/01/45		2015-10-07	2016-01-15
	140.99 FHLMC POOL #G08641 3.500% 5/01/45		2015-10-07	2016-02-15
	181.97 FHLMC POOL #G08641 3.500% 5/01/45		2015-10-07	2016-03-15
	352. FHLMC POOL #G08641 3.500% 5/01/45		2015-10-07	2016-04-15
	22047.49 FHLMC POOL #G08641 3.500% 5/01/45		2015-10-07	2016-05-09
	283.26 FHLMC POOL #G08641 3.500% 5/01/45		2015-10-07	2016-05-15
	260.03 FHLMC POOL #G60384 4.500% 12/01/45		2016-01-19	2016-02-15
	202.35 FHLMC POOL #G60384 4.500% 12/01/45		2016-01-19	2016-03-15
	370.32 FHLMC POOL #G60384 4.500% 12/01/45		2016-01-19	2016-04-15
	310.35 FHLMC POOL #G60384 4.500% 12/01/45		2016-01-19	2016-05-15
	6. FEDERAL RLTY INVT TR SH BEN INT		2010-11-26	2016-02-17
	16. FEDERAL RLTY INVT TR SH BEN INT		2010-11-26	2016-03-22
	400.5 FNMA POOL #AL6306 4.500% 1/01/45		2015-10-07	2015-11-25
	258.8 FNMA POOL #AL6306 4.500% 1/01/45		2015-10-07	2015-12-25
	13652.88 FNMA POOL #AL6306 4.500% 1/01/45		2015-10-07	2016-01-19
	373.43 FNMA POOL #AL6306 4.500% 1/01/45		2015-10-07	2016-01-25
	88. FEDERATED NATIONAL HOLDING CO		2015-05-27	2016-05-24
	4205.607 FID ADV EMER MKTS INC- CL I #607		2015-02-04	2015-09-17
	79. FIRST INDL RLTY TR INC COM		2012-06-26	2015-12-08
	23. FIRST INDL RLTY TR INC COM		2012-06-26	2016-02-17
	27. FIRST INDL RLTY TR INC COM		2012-05-31	2016-03-22
	59. FIRST INDL RLTY TR INC COM		2012-05-31	2016-04-14
	22. FRESENIUS MEDICAL CARE ADR		2011-02-08	2016-04-22
	120. FRESENIUS SE & CO-SPN ADR		2014-09-16	2015-09-25
	72. FUCHS PETROLUB SE-PREF ADR		2014-03-12	2016-04-22
	13. GEO GROUP INC/THE		2014-03-26	2016-02-17
	.5 GANNETT CO INC		2014-11-24	2015-07-15
	134.5 GANNETT CO INC		2012-08-20	2015-07-28
	26.5 GANNETT CO INC		2014-11-24	2015-07-28
	27. GENERAL GROWTH PROPERTIE-W/I		2015-11-25	2016-03-22
	200. GENERAL MILLS INC		2014-11-24	2015-06-16
	105. GENERAL MILLS INC		2014-11-24	2015-08-19
	189. GENTHERM INC		2014-11-03	2015-12-04
	66. GIGAMON INC		2015-10-29	2016-05-24
	80. GILEAD SCIENCES INC		2014-11-20	2015-08-19
	11936.34 GOLDMAN SACHS COMM STRATEGY #2653		2015-02-04	2015-10-09
	2383.657 GOLDMAN SACHS COMM STRATEGY #2653		2013-04-22	2015-10-09
	25. GOOGLE INC		2014-11-24	2015-08-19
	21. GRACO INC		2015-11-18	2016-02-19
	38. GRACO INC		2015-10-06	2016-04-01
	88. GRACO INC		2015-10-06	2016-04-19
	143. GRAPHIC PACKAGING HLDGCO		2014-07-11	2016-05-24
	23. THE GREENBRIER COMPANIES, INC.		2014-08-25	2016-05-24
	236. HFF INC		2014-06-20	2015-07-21
	127. HACKETT GROUP INC		2015-05-28	2016-04-25
	128. HACKETT GROUP INC		2015-05-28	2016-05-24
	46. HEALTHSOUTH REHABILITATION CORPORAT		2014-06-20	2016-05-24
	123. HERITAGE INSURANCE HOLDINGS IN		2015-08-04	2016-05-24
	95. HOME DEPOT INC		2014-11-24	2015-08-19
	136. HONG KONG EXCH & CLEARING LTD -ADR		2013-06-13	2015-09-30
	120. HOST HOTELS & RESORTS, INC.		2010-11-26	2016-01-27
	181. HOST HOTELS & RESORTS, INC.		2012-12-21	2016-02-08
	97. HOST HOTELS & RESORTS, INC.		2012-12-21	2016-03-22
	96. HOST HOTELS & RESORTS, INC.		2011-08-09	2016-05-11
	23. HUDSON PACIFIC PROPERTIES INC		2015-06-29	2016-03-22
	75. HUDSON PACIFIC PROPERTIES INC		2015-06-29	2016-04-14
	17. ICU MED INC COM		2016-01-26	2016-05-24
	551. IXIA		2015-09-24	2016-04-22
	36. ITT INC		2014-06-20	2016-05-24
	1100. ICICI BANK LTD. - ADR		2011-02-08	2016-02-23
	189. IMPAX LABORATORIES INC		2016-03-01	2016-04-05
	85. IMPERIAL OIL LTD COM-		2014-03-12	2015-11-05
	122. IMPERIAL OIL LTD COM-		2011-02-08	2016-04-08
	46. INC RESEARCH HOLDINGS INC		2015-10-29	2016-05-24
	15. INFORMA PLC-SP ADR		2014-07-29	2016-03-10
	74. INFRAREIT INC		2016-02-05	2016-05-24
	145. INPHI CORP		2014-06-20	2015-06-24
	16. INPHI CORP		2014-06-20	2015-12-04
	59. INPHI CORP		2014-06-20	2016-04-22
	63. INPHI CORP		2014-06-20	2016-05-24
	101. INTEGRATED DEVICE TECHNOLOGY INC		2014-11-03	2016-05-24
	340. INTEL CORP		2014-11-20	2015-08-19
	225. INTEL CORP		2014-11-20	2016-04-18
	528. INTELIQUENT INC		2014-06-20	2016-01-26
	387. INTERVAL LEISURE GROUP INC		2014-12-03	2015-06-11
	150. INVENSENSE INC		2015-12-04	2016-05-24
	287. INVESTMENT TECHNOLOGY GROUP INC NEW		2015-04-15	2015-08-04
	.9 ITAU UNIBANCO H-SPON PRF ADR		2012-09-25	2015-07-30
	316. ITAU UNIBANCO H-SPON PRF ADR		2013-05-24	2016-03-28
	90. ITAU UNIBANCO H-SPON PRF ADR		2014-06-12	2016-04-22
	122. ITC HLDGS CORP		2015-03-13	2015-09-15
	23. JGC CORP-UNSPONSORED ADR		2013-05-08	2016-04-22
	235. JPMORGAN CHASE & CO		2014-11-13	2015-08-19
	13. JAPAN TOBACCO INC-UNSPON ADR		2015-12-17	2016-03-10
	200. JETBLUE AWYS CORP		2015-03-27	2016-02-19
	450. JETBLUE AWYS CORP		2015-03-27	2016-04-15
	85. JOHNSON & JOHNSON		2014-11-24	2015-06-16
	85. JOHNSON & JOHNSON		2014-11-24	2015-08-19
	71. JONES LANG LASALLE INC		2014-11-24	2016-03-17
	10. JONES LANG LASALLE INC		2015-10-08	2016-03-17
	33. J2 GLOBAL INC		2014-06-20	2016-05-24
	7. KBC GROEP NV-UNSP ADR		2015-03-17	2016-03-10
	335. KDDI CORP-UNSPONSORED ADR		2014-07-29	2015-09-17
	40. KILROY REALTY CORP COM		2014-03-24	2015-11-25
	7. KILROY REALTY CORP COM		2015-02-04	2015-11-25
	4. KILROY REALTY CORP COM		2014-01-29	2016-05-11
	9. KILROY REALTY CORP COM		2016-03-22	2016-05-11
	75. KIMBERLY CLARK CORP COM		2014-11-24	2015-08-19
	44. KIMCO RLTY CORP		2016-02-08	2016-02-17
	11. KOMATSU LIMITED - ADR		2014-07-29	2016-03-10
	38. KONE OYJ-B-UNSPONSORED ADR		2015-02-02	2016-04-22
	91. KONE OYJ-B-UNSPONSORED ADR		2015-02-02	2016-05-19
	24. L'OREAL - ADR		2011-02-08	2016-02-16
	22. L'OREAL - ADR		2011-02-08	2016-04-22
	24. LVMH MOET HENNESSY UNSP ADR - ADR		2010-11-26	2016-04-22
	21. LABORATORY CRP OF AMER HLDGS		2014-09-10	2016-01-22
	155. LANDSTAR SYS INC COM		2014-11-24	2015-06-02
	139. LANDSTAR SYS INC COM		2015-08-28	2016-03-02
	176. LANNETT INC		2014-11-24	2016-03-01
	70. LANNETT INC		2016-01-22	2016-03-01
	168. LANNETT INC		2014-06-20	2016-03-09
	44. LENNOX INTERNATIONAL INC		2015-06-18	2016-04-18
	541. LIFELOCK INC		2014-06-20	2015-08-04
	52. LINDE AG ADR		2014-10-13	2016-04-22
	22. MACERICH CO COM		2015-10-22	2015-11-25
	162. CREDIT SUISSE GRP ADR RGTI DEEMD REC		2015-10-28	2015-12-21
	6. MAKITA CORPORATION - ADR		2014-07-29	2016-03-10
	88. MATRIX SVC CO		2014-06-20	2016-05-24
	208. MATSON INC.		2015-03-20	2016-05-16
	114. MEDIOLANUM SPA-UNSPONSOR ADR		2014-07-29	2015-08-13
	105. MEDIOLANUM SPA-UNSPONSOR ADR		2014-07-29	2015-09-28
	44. MEDIOLANUM SPA-UNSPONSOR ADR		2015-12-17	2016-01-22
	191. MEDIOLANUM SPA-UNSPONSOR ADR		2014-12-30	2016-01-22
	120. MERCK & CO INC NEW		2015-06-16	2015-08-19
	1699. MERGE HEALTHCARE INC		2015-07-21	2015-09-24
	45. METHODE ELECTRON INC COMMON		2015-03-02	2016-05-24
	285. MICROSOFT CORP		2014-11-24	2015-08-19
	30. MICROSOFT CORP		2014-11-24	2016-02-05
	31. MICROSTRATEGY INC CL A		2016-03-09	2016-05-17
	163. MIMEDX GROUP INC		2015-06-23	2016-05-24
	167. MINERALS TECHNOLOGIES INC COM		2014-11-24	2015-06-17
	26. MONOTARO CO LTD-UNSP ADR		2013-11-13	2016-04-22
	7. NASPERS LTD ADR		2015-07-01	2016-02-16
	57. NASPERS LTD ADR		2015-06-23	2016-04-22
	94. NATIONAL GENERAL HOLDINGS CORP		2015-03-02	2016-05-24
	13. NESTLE S.A. REGISTERED SHARES - ADR		2010-11-26	2015-07-09
	19. NESTLE S.A. REGISTERED SHARES - ADR		2010-11-26	2016-04-22
	284. NEW JERSEY RES CORP		2014-06-20	2015-06-23
	135. NEWELL RUBBERMAID INC		2015-06-16	2015-08-19
	100. NOVARTIS AG - ADR		2014-11-24	2015-08-19
	13. NOVARTIS AG - ADR		2014-07-29	2016-03-10
	295. NOVARTIS AG - ADR		2014-11-24	2016-05-09
	40. NOVO NORDISK A/S - ADR		2010-11-29	2015-10-22
	85. NOVO NORDISK A/S - ADR		2014-08-28	2015-11-20
	148. NOVO NORDISK A/S - ADR		2013-06-11	2016-02-09
	67. NUTRI SYS INC		2014-11-18	2015-08-04
	76. NUTRI SYS INC		2014-11-18	2016-05-24
	34. NUVASIVE INC		2014-06-20	2015-09-24
	41. NUVASIVE INC		2014-06-20	2016-05-24
	159. OGE ENERGY CORP COM		2015-09-15	2015-11-23
	367. OMNIVISION TECHNOLOGIES		2014-07-11	2015-10-29
	285. OSHKOSH CORPORATION		2015-10-14	2016-02-17
	480. OWENS ILL INC COM NEW		2015-04-20	2016-04-07
	16040.33 PIMCO FOREIGN BD FD USD H-INST #103		2014-06-09	2016-05-23
	125. PNC FINANCIAL SERVICES GROUP		2014-11-13	2015-08-19
	27. PARK24 CO LTD-SPN ADR		2016-02-01	2016-04-22
	280. PEARSON PLC - ADR		2015-08-13	2015-11-09
	538. PERICOM SEMICONDUCTOR CORP		2015-03-02	2015-11-24
	57. PHARMERICA CORP		2014-06-20	2016-05-24
	76. POLARIS INDS INC COM		2014-11-24	2016-01-20
	55. PRAXAIR INC COM		2014-11-24	2015-08-19
	2559.415 T ROWE PRICE INST EM MKT EQ #146		2015-02-04	2015-10-30
	178. PROASSURANCE CORPORATION		2014-06-20	2015-09-24
	133. PROTO LABS INC		2016-04-19	2016-05-26
	115. PRUDENTIAL FINL INC		2014-11-13	2015-08-19
	7. PRUDENTIAL PLC - ADR		2014-07-29	2016-03-10
	7. PUBLIC STORAGE INC COM		2015-07-21	2015-12-29
	18. PUBLIC STORAGE INC COM		2015-07-21	2016-02-08
	2. PUBLIC STORAGE INC COM		2010-11-26	2016-02-17
	14. PUBLIC STORAGE INC COM		2015-06-25	2016-02-17
	5. PUBLIC STORAGE INC COM		2010-11-26	2016-03-22
	6. PUBLIC STORAGE INC COM		2010-11-26	2016-05-11
	90. QTS REALTY TRUST INC-CL A		2014-06-20	2016-05-17
	39. QTS REALTY TRUST INC-CL A		2014-06-20	2016-05-24
	120. QUALCOMM INC		2014-02-21	2015-08-19
	77. QUALCOMM INC		2014-11-24	2015-11-11
	298. QUALCOMM INC		2014-02-21	2015-11-11
	229. QUESTAR CORP		2015-11-23	2016-02-18
	96. RPX CORP		2014-06-20	2016-05-24
	20. RED ELECTRICA COR-UNSPON ADR		2014-07-29	2016-03-10
	55. REXAM PLC-SPONSORED ADR		2014-07-29	2016-04-08
	26. ROCHE HOLDINGS LTD - ADR		2011-02-08	2015-07-09
	205. ROCHE HOLDINGS LTD - ADR		2014-11-24	2015-08-19
	55. ROCHE HOLDINGS LTD - ADR		2015-09-30	2016-04-22
	262. ROSS STORES INC		2014-11-24	2016-04-26
	32. ROYAL DUTCH SHELL PLC ADR		2016-03-09	2016-04-22
	848. KONINKLIJKE KPN N.V. - ADR		2014-12-02	2015-08-05
	55. KONINKLIJKE KPN N.V. - ADR		2014-12-02	2016-03-10
	135. RUTH'S HOSPITALITY GROUP		2014-06-20	2016-05-24
	26. RYANAIR HOLDINGS PLC-SP ADR		2014-07-29	2015-11-03
	.1 RYANAIR HOLDINGS PLC-SP ADR		2014-07-29	2015-11-05
	23. RYOHIN KEIKAKU CO-UNSP ADR		2014-07-29	2015-07-27
	17. SL GREEN REALTY CORP COM		2013-10-23	2015-12-29
	82. SM ENERGY CO		2013-12-23	2015-07-07
	6. SM ENERGY CO		2013-12-23	2015-07-07
	70. SM ENERGY CO		2014-11-24	2015-07-07
	607. SPDR S & P 500 ETF TRUST		2014-08-29	2015-08-19
	14. SAMPO OYJ-A SHS-UNSP ADR		2014-07-29	2016-03-10
	45. SANDS CHINA LTD-UNSPONS ADR		2015-05-21	2016-01-22
	115. SANDS CHINA LTD-UNSPONS ADR		2014-05-14	2016-01-22
	75. SANMINA CORP		2014-06-20	2016-05-24
	22. SAP SE		2011-02-08	2016-04-22
	25. SASOL LIMITED - ADR		2011-02-08	2016-04-22
	15. SCHLUMBERGER LTD		2015-11-02	2016-04-22
	655. SCHNEIDER ELECTRIC SE - ADR		2011-02-08	2015-10-01
	106. SELECT MEDICAL HOLDINGS CORPORATION		2014-06-20	2016-05-24
	686. BANCO BILBAO VIZCAYA ARGENT 11/15/15		2015-11-02	2015-11-02
	128. SEVEN & I HOLDINGS CO., LTD ADR		2014-07-29	2015-10-26
	23. SHIRE PLC ADR		2014-10-16	2015-10-19
	2. SIMON PROPERTY GROUP INC		2015-02-18	2016-03-29
	7. SIMON PROPERTY GROUP INC		2015-10-22	2016-03-29
	16. SKECHERS U S A INC		2014-06-20	2015-07-22
	21. SKECHERS U S A INC		2014-06-20	2015-08-04
	41. SKECHERS U S A INC		2014-06-20	2016-05-24
	72. SKYWEST INC		2016-05-17	2016-05-24
	59. SMITH & WESSON HLDG CORP		2016-03-09	2016-05-24
	90. SNAP ON INC		2014-11-13	2015-08-19
	35. SNAP ON INC		2014-11-13	2015-11-11
	11. SOFTBANK GROUP CORP-UNSPON ADR		2014-07-29	2016-03-10
	98. SONY CORPORATION - ADR		2015-07-13	2015-10-01
	31. SONOVA HOLDIN-UNSPON ADR		2011-03-28	2016-04-22
	42. SOUTH32 - ADR		2015-05-29	2015-06-03
	270. SPECTRA ENERGY CORP		2014-11-24	2015-08-19
	275. STATOIL ASA ADR		2014-11-24	2015-08-19
	860. STATOIL ASA ADR		2014-11-24	2016-02-09
	7258.065 STONE HARBOR LOCAL MARKET FD #14604		2015-02-04	2015-09-17
	344. STRATEGIC HOTELS & RESORTS INC		2014-05-30	2015-10-22
	95. STRYKER CORP		2014-11-24	2015-08-19
	85. SUCAMPO PHARMACEUTICALS INC		2015-08-04	2016-05-24
	681. SUMITOMO MITSUI TR-SPON ADR		2013-07-29	2016-04-08
	351. SUNSTONE HOTEL INVS INC NEW		2016-02-01	2016-02-01
	2. SUNSTONE HOTEL INVS INC NEW		2016-02-01	2016-02-01
	.9689 SUNSTONE HOTEL INVS INC NEW		2016-02-01	2016-02-04
	85. SUPER MICRO COMPUTER INC		2015-11-05	2016-03-09
	151. SUPERNUS PHARMACEUTICALS INC		2014-12-10	2015-06-23
	110. SUPERNUS PHARMACEUTICALS INC		2014-12-10	2015-07-21
	95. SUPERNUS PHARMACEUTICALS INC		2014-12-10	2015-08-04
	97. SUPERNUS PHARMACEUTICALS INC		2014-12-10	2016-05-24
	630. SVENSKA HANDELSB-A-UNSP ADR		2012-07-20	2016-04-12
	91. SWEDBANK AB ADR		2014-07-29	2016-02-09
	49. SYMRISE AG ADR		2014-06-02	2016-04-22
	39. SYNAPTICS INC		2014-11-24	2015-10-20
	8. SYNAPTICS INC		2013-07-30	2015-11-05
	15. SYNAPTICS INC		2014-11-24	2015-11-05
	32. SYNAPTICS INC		2013-07-30	2015-11-18
	273. SYNTEL INC		2014-11-24	2016-05-09
	95. SYSMEX CORP-UNSPON ADR		2012-05-23	2015-07-01
	49. SYSMEX CORP-UNSPON ADR		2012-05-23	2015-07-02
	47. SYSMEX CORP-UNSPON ADR		2012-05-23	2016-04-22
	115. TJX COMPANIES INC		2014-11-24	2015-08-19
	41. TAIWAN SEMICONDUCTOR MANUFACTU - ADR		2014-01-13	2015-07-09
	36. TAIWAN SEMICONDUCTOR MANUFACTU - ADR		2014-01-13	2016-02-22
	87. TAIWAN SEMICONDUCTOR MANUFACTU - ADR		2012-12-05	2016-04-22
	269. TEGNA INC		2012-08-20	2015-09-10
	54. TEGNA INC		2014-11-24	2015-09-10
	5093.379 TEMPLETON EMER MKT S/C-ADV #626		2013-08-05	2015-10-30
	43. TEVA PHARMACEUTICAL INDUSTRIES - ADR		2014-07-29	2015-07-10
	48. TEVA PHARMACEUTICAL INDUSTRIES - ADR		2014-07-29	2015-10-20
	46. TESSERA TECHNOLOGIES INC		2014-12-10	2016-05-24
	130. TIME WARNER INC		2014-11-24	2015-08-19
	634. TIVO INC		2014-06-20	2015-08-04
	166. TORO CO		2015-03-25	2015-10-14
	48. TOWER INTERNATIONAL INC		2014-06-20	2016-05-24
	380. TRECORA RESOURCES		2014-12-10	2016-02-05
	211. TRECORA RESOURCES		2014-12-10	2016-02-08
	267. TURKIYE GARANTI BANKSASI-ADR		2011-02-08	2016-04-22
	825. ETRACS ALERIAN MLP UBS AG LDN BR ETN		2013-11-26	2015-10-09
	230. US BANCORP		2015-03-03	2015-08-19
	78. UBIQUITI NETWORKS INC		2014-11-24	2015-10-16
	181. UBIQUITI NETWORKS INC		2013-12-03	2015-10-16
	30. ULTA SALON COSMETICS & FRAGRAN		2014-11-24	2015-10-06
	60. ULTA SALON COSMETICS & FRAGRAN		2012-11-09	2015-10-06
	1305. UNI CHARM CORPORATION ADR		2011-02-08	2016-01-06
	178. UNI CHARM CORPORATION ADR		2010-11-26	2016-04-22
	1152. UNI CHARM CORPORATION ADR		2010-11-26	2016-05-20
	16. UNIFIRST CORP MASS		2014-06-20	2016-05-24
	21. UNILEVER PLC - ADR		2015-06-23	2016-04-22
	93. UNITED INSURANCE HOLDINGS CORP		2016-05-16	2016-05-24
	80. UNITED PARCEL SERVICE-CL B		2014-11-24	2015-08-19
	5000. US TREASURY BOND 3.375% 5/15/44		2015-09-24	2016-04-18
	12. UNITED THERAPEUTICS CORP DEL		2014-02-04	2015-10-26
	171. UNIVERSAL ELECTRONICS INC		2014-06-20	2015-06-23
	31. URBAN EDGE PROPERTIES-W/I		2013-01-09	2015-06-25
	125. V F CORP		2014-11-24	2015-08-19
	14. VENTAS INC COM		2015-01-23	2015-12-08
	22. VENTAS INC COM		2014-12-23	2015-12-29
	12. VENTAS INC COM		2015-02-11	2015-12-29
	18. VENTAS INC COM		2015-09-11	2016-01-13
	38. VENTAS INC COM		2014-09-24	2016-01-13
	38. VENTAS INC COM		2013-12-18	2016-01-27
	27. VENTAS INC COM		2010-11-26	2016-02-08
	24. VENTAS INC COM		2010-11-26	2016-03-22
	45. VEREIT, INC.		2014-10-30	2015-08-04
	216. VEREIT, INC.		2014-12-03	2016-02-08
	175. VERIZON COMMUNICATIONS		2015-02-06	2015-08-19
	19. VINCI SA ADR		2015-02-17	2016-03-10
	10. VISA INC-CLASS A SHRS		2014-02-21	2015-08-19
	80. VISA INC-CLASS A SHRS		2015-06-16	2015-08-19
	141. VISTEON CORP/NEW		2016-02-03	2016-04-01
	85. VIVENDI SA-UNSPON ADR		2015-07-13	2016-02-05
	51. VORNADO REALTY TRUST		2013-01-09	2015-06-29
	19. WPP PLC NEW ADR		2010-12-10	2016-04-22
	47. WP GLIMCHER INC		2014-02-19	2015-06-29
	48. WP GLIMCHER INC		2010-11-26	2015-08-03
	158. WABASH NATL CORP		2015-10-29	2016-05-24
	84. WEB.COM GROUP INC		2016-04-22	2016-05-24
	1710.376 WF SHORT-TERM BOND FUND-I#3102		2015-09-17	2016-05-05
	49. WELLTOWER INC		2014-09-24	2015-11-02
	26. WELLTOWER INC		2015-02-25	2015-11-02
	365. WERNER ENTERPRISES INC		2015-06-02	2015-08-28
	8. WOLTERS KLUWER NV - ADR		2015-01-20	2016-03-10
	127. WORTHINGTON INDS INC		2015-06-17	2016-04-07
	236. WORTHINGTON INDS INC		2015-06-17	2016-04-20
	963. XCERRA CORP		2015-05-28	2015-12-04
	163. ZAGG INC		2015-12-04	2016-05-24
	120. ACCENTURE PLC		2014-11-24	2015-08-19
	70. ACCENTURE PLC		2014-11-24	2016-04-18
	16. BUNGE LIMITED		2013-02-14	2016-04-22
	142. MAIDEN HOLDINGS LTD		2014-06-20	2016-05-24
	135. MEDTRONIC PLC		2015-01-28	2015-08-19
	1489.452 GAI CORBIN MULTI STRATEGY FUND		2012-08-29	2015-06-30
	7934.91 GAI CORBIN FUND 5% HOLDBACK		2015-06-30	2015-06-30
	134.428 GAI AGILITY INCOME FUND		2011-06-28	2015-12-31
	106. TRINSEO SA		2015-06-23	2016-04-22
	46. TRINSEO SA		2015-06-23	2016-05-24
	41. NXP SEMICONDUCTORS NV		2014-09-18	2015-08-12
	40. NXP SEMICONDUCTORS NV		2015-06-16	2015-08-19
	220.3552 RICI LINKED PAM TOTAL INDEX SER (RF)		2010-11-23	2015-06-30
	454. NAVIOS MARITIME ACQUISITION		2015-08-05	2016-05-24
	1375. TEEKAY TANKERS LTD		2015-04-15	2016-04-22
	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	2,238	1,363	875
b	70,000	81,895	-11,895
c	201,368	241,954	-40,586
d	1,760	2,148	-388
e	50,000	51,914	-1,914
	918	779	139
	1,688	1,536	152
	7,438	6,498	940
	731	749	-18
	778	709	69
	812	814	-2
	1,080	880	200
	812	727	85
	1,016	991	25
	10,252	7,339	2,913
	2,309	1,617	692
	1,927	1,314	613
	1,742	1,110	632
	1,558	939	619
	11,332	6,536	4,796
	4,085	3,224	861
	1,542	1,259	283
	1,000	2,746	-1,746
	699	660	39
	1,276	747	529
	2,070	1,361	709
	938	927	11
	20,720	21,370	-650
	1,334	1,662	-328
	1,797	1,854	-57
	1,360	1,633	-273
	3,230	3,363	-133
	8,075	6,984	1,091
	1,247	2,218	-971
	54,000	55,213	-1,213
	1,644	2,061	-417
	284	292	-8
	4,433	7,547	-3,114
	20	35	-15
	629	1,096	-467
	3,414	4,054	-640
	953	840	113
	9,893	10,212	-319
	3,860	5,863	-2,003
	10,316	11,861	-1,545
	4,631	6,569	-1,938
	4,409	3,110	1,299
	8,819	6,250	2,569
	1,894	2,087	-193
	786	1,059	-273
	63,526	80,973	-17,447
	10,022	10,744	-722
	16,985	18,869	-1,884
	321	401	-80
	1,599	1,870	-271
	3,065	4,140	-1,075
	674	935	-261
	2,695	3,740	-1,045
	1,113	1,170	-57
	7,421	8,079	-658
	4,194	2,693	1,501
	2,258	1,303	955
	5,194	5,694	-500
	3,845	7,996	-4,151
	1,505	1,679	-174
	1,788	1,871	-83
	694	955	-261
	6,532	10,943	-4,411
	482	544	-62
	11,880	12,149	-269
	1,981	990	991
	888	403	485
	6,954	6,284	670
	2,452	1,587	865
	1,697	1,335	362
	1,995	1,553	442
	5,212	4,241	971
	6,661	7,863	-1,202
	28,482	22,746	5,736
	1,181	626	555
	7,256	7,434	-178
	10,445	10,677	-232
	23	31	-8
	1,435	1,347	88
	175	236	-61
	10,068	9,800	268
	391	475	-84
	3,366	2,597	769
	4,185	2,652	1,533
	2,073	1,716	357
	8,022	8,202	-180
	1,786	1,842	-56
	478	710	-232
	910	1,352	-442
	10,873	10,481	392
	11,311	9,146	2,165
	1,759	3,482	-1,723
	2,742	5,594	-2,852
	637	748	-111
	5,098	5,925	-827
	2,281	1,915	366
	933	987	-54
	1,960	1,655	305
	13,052	9,539	3,513
	1,836	1,821	15
	3,797	3,875	-78
	320	250	70
	11,795	10,864	931
	1,126	557	569
	1,648	770	878
	1,899	1,820	79
	7,742	13,601	-5,859
	1,863	1,678	185
	1,620	1,773	-153
	7,747	10,673	-2,926
	12,249	10,418	1,831
	5,021	6,389	-1,368
	14,002	17,569	-3,567
	10,494	8,012	2,482
	7,231	8,359	-1,128
	7,548	7,497	51
	24,375	26,461	-2,086
	8,472	10,713	-2,241
	8,098	8,168	-70
	1,725	1,681	44
	2,322	1,712	610
	1,613	5,942	-4,329
	3,291	8,348	-5,057
	1,732	1,828	-96
	832	951	-119
	8,934	11,323	-2,389
	1,310	1,031	279
	1,688	1,757	-69
	8,790	10,899	-2,109
	1,410	1,682	-272
	10,321	9,325	996
	3,598	1,162	2,436
	2,228	1,687	541
	2,430	1,598	832
	2,118	1,324	794
	918	701	217
	2,124	2,037	87
	16,600	16,854	-254
	280	300	-20
	87	92	-5
	108	114	-6
	141	150	-9
	276	293	-17
	507	538	-31
	478	508	-30
	154	161	-7
	156	162	-6
	166	173	-7
	141	147	-6
	182	190	-8
	352	367	-15
	23,150	23,012	138
	283	296	-13
	260	283	-23
	202	220	-18
	370	403	-33
	310	338	-28
	888	473	415
	2,458	1,260	1,198
	401	438	-37
	259	283	-24
	14,776	14,929	-153
	373	408	-35
	1,898	2,284	-386
	54,000	55,093	-1,093
	1,773	973	800
	465	275	190
	593	319	274
	1,328	698	630
	978	668	310
	2,101	1,465	636
	791	881	-90
	379	416	-37
	7	6	1
	1,781	738	1,043
	351	312	39
	785	690	95
	11,006	10,304	702
	6,138	5,410	728
	9,231	7,822	1,409
	2,035	1,818	217
	9,309	8,273	1,036
	39,748	45,000	-5,252
	7,938	12,729	-4,791
	17,366	13,685	3,681
	1,586	1,545	41
	3,240	2,707	533
	7,566	6,269	1,297
	1,899	1,665	234
	637	1,649	-1,012
	10,137	8,184	1,953
	1,928	1,510	418
	1,871	1,522	349
	1,855	1,710	145
	1,702	3,014	-1,312
	11,660	9,338	2,322
	3,110	2,147	963
	1,622	1,963	-341
	2,486	2,959	-473
	1,601	1,465	136
	1,541	1,162	379
	669	692	-23
	2,196	2,154	42
	1,779	1,616	163
	5,617	8,375	-2,758
	1,267	1,714	-447
	5,953	9,968	-4,015
	6,002	6,436	-434
	2,885	3,793	-908
	3,855	4,631	-776
	2,055	1,904	151
	297	253	44
	1,270	1,546	-276
	3,559	2,217	1,342
	468	245	223
	1,863	902	961
	1,894	963	931
	2,299	1,678	621
	9,660	11,692	-2,032
	7,093	7,738	-645
	8,421	7,862	559
	9,557	8,204	1,353
	909	1,821	-912
	5,277	8,654	-3,377
	8	14	-6
	2,732	5,030	-2,298
	794	1,376	-582
	3,901	4,395	-494
	814	1,480	-666
	15,900	14,131	1,769
	269	245	24
	4,277	3,797	480
	9,337	8,543	794
	8,352	9,092	-740
	8,452	9,092	-640
	8,089	8,397	-308
	1,139	1,467	-328
	2,169	1,654	515
	190	212	-22
	3,613	3,397	216
	2,689	2,159	530
	471	525	-54
	256	207	49
	576	546	30
	8,659	8,484	175
	1,176	1,184	-8
	186	263	-77
	854	851	3
	1,998	2,038	-40
	826	585	241
	803	536	267
	806	795	11
	2,355	2,251	104
	10,222	10,580	-358
	8,269	9,216	-947
	4,453	7,943	-3,490
	1,771	2,533	-762
	3,772	7,983	-4,211
	6,175	4,940	1,235
	4,072	6,779	-2,707
	790	976	-186
	1,748	1,893	-145
	77		77
	364	364
	1,390	3,100	-1,710
	6,540	8,745	-2,205
	1,946	1,830	116
	1,491	1,686	-195
	603	724	-121
	2,617	2,855	-238
	7,154	6,913	241
	12,037	8,629	3,408
	1,315	1,759	-444
	13,281	13,577	-296
	1,545	1,429	116
	5,522	5,199	323
	1,218	1,884	-666
	11,478	10,977	501
	794	290	504
	799	1,099	-300
	791	909	-118
	1,953	1,759	194
	958	736	222
	1,404	1,076	328
	8,023	7,951	72
	5,959	5,537	422
	10,285	9,481	804
	953	1,147	-194
	21,938	27,969	-6,031
	2,129	800	1,329
	4,641	3,168	1,473
	6,888	4,906	1,982
	2,008	1,255	753
	2,087	1,424	663
	1,814	1,203	611
	2,202	1,450	752
	4,110	4,260	-150
	10,563	8,019	2,544
	9,736	11,585	-1,849
	7,797	11,689	-3,892
	163,451	175,000	-11,549
	12,260	10,941	1,319
	768	760	8
	3,478	5,858	-2,380
	9,550	8,916	634
	1,534	1,658	-124
	5,926	6,547	-621
	6,190	7,122	-932
	70,000	77,550	-7,550
	8,778	7,998	780
	8,474	10,741	-2,267
	10,110	9,647	463
	265	332	-67
	1,762	1,407	355
	4,121	3,559	562
	493	196	297
	3,454	2,618	836
	1,312	491	821
	1,558	589	969
	4,673	2,597	2,076
	2,012	1,126	886
	7,346	9,142	-1,796
	4,066	5,522	-1,456
	15,737	20,761	-5,024
	5,707	4,310	1,397
	879	1,664	-785
	329	350	-21
	2,400	2,447	-47
	920	478	442
	7,251	7,661	-410
	1,771	1,810	-39
	15,083	8,658	6,425
	1,702	1,536	166
	3,311	2,830	481
	212	184	28
	2,268	1,676	592
	2,173	1,427	746
	8	5	3
	1,007	572	435
	1,936	1,134	802
	3,387	7,149	-3,762
	258	493	-235
	3,016	3,899	-883
	126,594	121,685	4,909
	322	354	-32
	1,288	1,856	-568
	3,290	8,809	-5,519
	1,946	1,717	229
	1,761	1,305	456
	809	1,272	-463
	1,198	1,188	10
	7,279	9,770	-2,491
	1,356	1,676	-320
	64	62	2
	2,832	2,782	50
	4,871	4,098	773
	408	385	23
	1,429	1,356	73
	2,004	716	1,288
	3,212	940	2,272
	1,220	612	608
	1,725	1,686	39
	1,405	1,676	-271
	15,263	12,178	3,085
	5,973	4,736	1,237
	275	408	-133
	2,422	2,692	-270
	812	622	190
	350	378	-28
	7,806	10,435	-2,629
	4,169	6,223	-2,054
	11,459	19,462	-8,003
	54,000	62,565	-8,565
	4,831	2,426	2,405
	9,943	8,692	1,251
	1,003	1,842	-839
	1,859	3,071	-1,212
	63		63

	11	10	1
	2,697	2,471	226
	2,486	1,328	1,158
	2,160	968	1,192
	2,023	836	1,187
	1,826	853	973
	3,874	3,511	363
	1,691	2,384	-693
	821	659	162
	3,356	2,407	949
	728	315	413
	1,365	924	441
	2,772	1,261	1,511
	11,568	8,861	2,707
	2,837	893	1,944
	1,486	461	1,025
	1,534	442	1,092
	8,593	7,305	1,288
	915	701	214
	861	615	246
	2,170	1,483	687
	6,241	3,305	2,936
	1,253	1,424	-171
	60,000	54,503	5,497
	2,643	2,345	298
	2,793	2,618	175
	1,457	1,669	-212
	10,109	10,585	-476
	6,213	7,962	-1,749
	12,106	10,716	1,390
	991	1,668	-677
	3,886	5,133	-1,247
	2,110	2,850	-740
	782	1,303	-521
	18,010	23,755	-5,745
	10,442	10,272	170
	2,667	2,338	329
	6,188	7,170	-982
	4,982	3,716	1,266
	9,964	5,260	4,704
	4,954	3,466	1,488
	780	471	309
	4,503	3,047	1,456
	1,813	1,654	159
	962	948	14
	1,683	1,675	8
	8,187	8,584	-397
	5,818	5,467	351
	1,526	1,213	313
	8,663	8,073	590
	679	470	209
	9,453	9,247	206
	748	982	-234
	1,239	1,295	-56
	676	814	-138
	1,010	939	71
	2,132	2,036	96
	2,046	1,792	254
	1,450	1,219	231
	1,467	1,083	384
	396	423	-27
	1,591	2,023	-432
	8,297	8,590	-293
	335	285	50
	743	561	182
	5,947	5,517	430
	10,998	13,498	-2,500
	1,690	2,268	-578
	4,904	3,734	1,170
	2,212	1,159	1,053
	646	583	63
	659	566	93
	2,233	1,877	356
	1,431	1,667	-236
	15,000	15,017	-17
	3,186	2,925	261
	1,691	2,105	-414
	9,686	10,037	-351
	302	238	64
	4,401	3,483	918
	8,895	6,472	2,423
	5,955	8,697	-2,742
	813	1,846	-1,033
	12,347	10,201	2,146
	8,029	5,951	2,078
	952	1,168	-216
	1,815	1,704	111
	10,464	10,388	76
	158,698	152,714	5,984
	7,935	7,935
	127,000	136,667	-9,667
	4,615	2,971	1,644
	2,092	1,289	803
	3,735	2,975	760
	3,499	4,121	-622
	157,033	215,000	-57,967
	731	1,828	-1,097
	5,205	8,564	-3,359
			62,586

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			875
b			-11,895
c			-40,586
d			-388
e			-1,914
			139
			152
			940
			-18
			69
			-2
			200
			85
			25
			2,913
			692
			613
			632
			619
			4,796
			861
			283
			-1,746
			39
			529
			709
			11
			-650
			-328
			-57
			-273
			-133
			1,091
			-971
			-1,213
			-417
			-8
			-3,114
			-15
			-467
			-640
			113
			-319
			-2,003
			-1,545
			-1,938
			1,299
			2,569
			-193
			-273
			-17,447
			-722
			-1,884
			-80
			-271
			-1,075
			-261
			-1,045
			-57
			-658
			1,501
			955
			-500
			-4,151
			-174
			-83
			-261
			-4,411
			-62
			-269
			991
			485
			670
			865
			362
			442
			971
			-1,202
			5,736
			555
			-178
			-232
			-8
			88
			-61
			268
			-84
			769
			1,533
			357
			-180
			-56
			-232
			-442
			392
			2,165
			-1,723
			-2,852
			-111
			-827
			366
			-54
			305
			3,513
			15
			-78
			70
			931
			569
			878
			79
			-5,859
			185
			-153
			-2,926
			1,831
			-1,368
			-3,567
			2,482
			-1,128
			51
			-2,086
			-2,241
			-70
			44
			610
			-4,329
			-5,057
			-96
			-119
			-2,389
			279
			-69
			-2,109
			-272
			996
			2,436
			541
			832
			794
			217
			87
			-254
			-20
			-5
			-6
			-9
			-17
			-31
			-30
			-7
			-6
			-7
			-6
			-8
			-15
			138
			-13
			-23
			-18
			-33
			-28
			415
			1,198
			-37
			-24
			-153
			-35
			-386
			-1,093
			800
			190
			274
			630
			310
			636
			-90
			-37
			1
			1,043
			39
			95
			702
			728
			1,409
			217
			1,036
			-5,252
			-4,791
			3,681
			41
			533
			1,297
			234
			-1,012
			1,953
			418
			349
			145
			-1,312
			2,322
			963
			-341
			-473
			136
			379
			-23
			42
			163
			-2,758
			-447
			-4,015
			-434
			-908
			-776
			151
			44
			-276
			1,342
			223
			961
			931
			621
			-2,032
			-645
			559
			1,353
			-912
			-3,377
			-6
			-2,298
			-582
			-494
			-666
			1,769
			24
			480
			794
			-740
			-640
			-308
			-328
			515
			-22
			216
			530
			-54
			49
			30
			175
			-8
			-77
			3
			-40
			241
			267
			11
			104
			-358
			-947
			-3,490
			-762
			-4,211
			1,235
			-2,707
			-186
			-145
			77

			-1,710
			-2,205
			116
			-195
			-121
			-238
			241
			3,408
			-444
			-296
			116
			323
			-666
			501
			504
			-300
			-118
			194
			222
			328
			72
			422
			804
			-194
			-6,031
			1,329
			1,473
			1,982
			753
			663
			611
			752
			-150
			2,544
			-1,849
			-3,892
			-11,549
			1,319
			8
			-2,380
			634
			-124
			-621
			-932
			-7,550
			780
			-2,267
			463
			-67
			355
			562
			297
			836
			821
			969
			2,076
			886
			-1,796
			-1,456
			-5,024
			1,397
			-785
			-21
			-47
			442
			-410
			-39
			6,425
			166
			481
			28
			592
			746
			3
			435
			802
			-3,762
			-235
			-883
			4,909
			-32
			-568
			-5,519
			229
			456
			-463
			10
			-2,491
			-320
			2
			50
			773
			23
			73
			1,288
			2,272
			608
			39
			-271
			3,085
			1,237
			-133
			-270
			190
			-28
			-2,629
			-2,054
			-8,003
			-8,565
			2,405
			1,251
			-839
			-1,212
			63

			1
			226
			1,158
			1,192
			1,187
			973
			363
			-693
			162
			949
			413
			441
			1,511
			2,707
			1,944
			1,025
			1,092
			1,288
			214
			246
			687
			2,936
			-171
			5,497
			298
			175
			-212
			-476
			-1,749
			1,390
			-677
			-1,247
			-740
			-521
			-5,745
			170
			329
			-982
			1,266
			4,704
			1,488
			309
			1,456
			159
			14
			8
			-397
			351
			313
			590
			209
			206
			-234
			-56
			-138
			71
			96
			254
			231
			384
			-27
			-432
			-293
			50
			182
			430
			-2,500
			-578
			1,170
			1,053
			63
			93
			356
			-236
			-17
			261
			-414
			-351
			64
			918
			2,423
			-2,742
			-1,033
			2,146
			2,078
			-216
			111
			76
			5,984

			-9,667
			1,644
			803
			760
			-622
			-57,967
			-1,097
			-3,359

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	-107,491
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	657,689	8,693,773	0.075651
2013	421,322	8,635,385	0.04879
2012	378,834	8,322,266	0.045521
2011	427,233	8,148,986	0.052428
2010	381,741	8,224,028	0.046418

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

20.268808

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 . . .

0.053762

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

7,852,947

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

422,190

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

1,228

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

423,418

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

443,499

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	1,228
	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	1,228
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	1,228
6	Credits/Payments:

a	2015 estimated tax payments and 2014 overpayment credited to 2015	6a	6,097
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	6,097
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	4,869
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax1,228	Refunded	11	3,641

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

ONE 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-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
WELLS FARGO BANK NA	TRUSTEE 0	102,129
1525 W WT HARRIS BLVD CHARLOTTE,NC282881161	TRUSTEE 0	102,129

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	NONE
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...................

7,695,112

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

277,423

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

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

7,972,535

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

7,972,535

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

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

119,588

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

7,852,947

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

392,647

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

392,647

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

1,228

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

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

1,228

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

391,419

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

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

391,419

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

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

391,419

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 ..........

443,499

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

443,499

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

1,228

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

442,271

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					391,419
2 Undistributed income, if any, as of the end of 2015:
a Enter amount for 2014 only.......				156,067
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: $ 443,499
a Applied to 2014, but not more than line 2a				156,067
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.....					287,432
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2015.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2014. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2016. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........					103,987
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8Excess distributions carryover from 2010 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2016. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2011....	0
b Excess from 2012....	0
c Excess from 2013....	0
d Excess from 2014....	0
e Excess from 2015....	0

Form 990-PF (2015)

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 e-mail address of the person to whom applications should be addressed:

Grant Administration
One West 4th Street
Winston Salem,NC27101
(800) 352-3705
https://www.wellsfargo.com/privatefoundationgrants

bThe form in which applications should be submitted and information and materials they should include:

Contact, deadline, and qualification information provided on website

cAny submission deadlines:

August 1

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

There are no program limitations; however, the foundation has a practice of awarding grants to charitable organizations with grant requests in Education, Environment and Arts

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
THE POSSE FOUNDATION INC 101 MARIETTA STREET NW ATLANTA,GA30303	NONE	PC	GENERAL SUPPORT	2,500
KENNESAW STATE UNIVERSITY 1000 CHASTAIN ROAD KENNESAW,GA30144	NONE	PC	BAGWELL EDUCATION BLDG	5,000
FOSTER SIBLINGS REUNITED INC 6101 GOLDEN LANDING CANTON,GA30114	NONE	PC	GENERAL SUPPORT	5,000
HOPE PO BOX 3166 DULUTH,GA30096	NONE	PC	GENERAL SUPPORT	2,500
GEORGIA WORKS PO BOX 54722 ATLANTA,GA30308	NONE	PC	GENERAL SUPPORT	5,000
CRISTO REY ATLANTA JESUIT HIGH SCHOOL 680 W PEACHTREE ST NW ATLANTA,GA30308	NONE	PC	GENERAL SUPPORT	10,000
BOYS AND GIRLS CLUBS OF METRO ATLANTA 1275 PEACHTREE STREET SUITE 500 ATLANTA,GA30309	NONE	PC	GENERAL SUPPORT	10,000
GIRL SCOUTS OF GREATER ATLANTA INC 5601 N ALLEN ROAD MABLETON,GA30126	NONE	PC	OUTREACH PROGRAM	5,000
ATLANTA SPEECH SCHOOL INC 3160 NORTHSIDE DRIVE ATLANTA,GA30327	NONE	PC	FINANCIAL AID PROGRAM	100,000
THE SHELTERING ARMS 385 CENTENNIAL OLYMPIC PARK DR ATLANTA,GA30313	NONE	PC	GENERAL SUPPORT	10,000
UNITED METHODIST CHILDRENS HOME OF THE NORTH GA CONFERENCE INC 500 S COLUMBIA DRIVE DECATUR,GA30030	NONE	PC	GENERAL SUPPORT	10,000
ROBERT WOODRUFF ARTS CTR 1280 PEACHTREE ST NE ATLANTA,GA30309	NONE	PC	EDUCATION IN ARTS PROGRAM	25,000
BIG BROTHERS BIG SISTERS OF METRO ATLANTA 1382 PEACHTREE STREET ATLANTA,GA30309	NONE	PC	GENERAL SUPPORT	7,500
GEORGE WEST MENTAL HEALTH FDN INC 1961 NORTH DRUID HILLS ROAD ATLANTA,GA30329	NONE	PC	GENERAL SUPPORT	5,000
LEKOTEK OF GEORGIA INC 1955 CLIFF VALLEY WAY SUITE 102 ATLANTA,GA30329	NONE	PC	GENERAL SUPPORT	5,000
TREES ATLANTA INC 225 CHESTER AVENUE ATLANTA,GA30316	NONE	PC	GENERAL SUPPORT	5,000
FRIENDS OF DISABLED ADULTS & CHILDREN TOO INC 4900 LEWIS ROAD STONE MOUNTAIN,GA30083	NONE	PC	GENERAL SUPPORT	10,000
CHILDRENS HEALTHCARE OF ATL INC 1577 NORTHEAST EXPRESSWAY ATLANTA,GA30329	NONE	PC	GENERAL SUPPORT	5,000
CAMP SUNSHINE INC 1850 CLAIRMONT ROAD DECATUR,GA30033	NONE	PC	OPERATING EXPENSES	5,000
ASSN FOR CLINICAL PASTORAL EDU INC ONE WEST COURT SQUARE SUITE 325 DECATUR,GA30030	NONE	PC	GENERAL SUPPORT	7,500
100 BLACK MEN OF AMERICA INC 141 AUBURN AVENUE NE ATLANTA,GA30303	NONE	PC	GENERAL SUPPORT	15,000
ACTION MINISTRIES 17 EXECUTIVE PARK DR NE ATLANTA,GA30168	NONE	PC	ENRICHMENT TO HOMELESS	7,500
CHATTAHOOCHEE RIVERKEEPER INC 3 PURITAN HILL ATLANTA,GA30318	NONE	PC	GENERAL SUPPORT	5,000
RAINBOW VILLAGE INC 3160 MAIN STREET SUITE 100 DULUTH,GA30096	NONE	PC	GENERAL SUPPORT	10,000
EAST LAKE FOUNDATION INC 2606 ALSTON DRIVE SE ATLANTA,GA30317	NONE	PC	GENERAL SUPPORT	5,000
AGAPE COMMUNITY CENTER INC 2353 BOLTON RD NW SUITE 100 ATLANTA,GA30318	NONE	PC	GENERAL SUPPORT	12,500
GOOD SAMARITAN HEALTH CTR INC 1015 DONALD LEE HOLLOWELL PKWY ATLANTA,GA30318	NONE	PC	GENERAL SUPPORT	7,500
RAISING EXPECTATIONS INC PO BOX 92814 ATLANTA,GA30314	NONE	PC	GENERAL SUPPORT	7,500
ATLANTA GIRLS SCHOOL INC 3254 NORTHSIDE PARKWAY NW ATLANTA,GA30327	NONE	PC	FINANCIAL AID PROGRAM	5,000
MUSEUM OF CONTEMPORARY ART OF GEORGIA 75 BENNETT STREET SUITE A2 ATLANTA,GA30309	NONE	PC	GENERAL SUPPORT	10,000
GEORGIA TECH FOUNDATION INC 760 SPRING STREET NW ATLANTA,GA30308	NONE	PC	GENERAL SUPPORT	80,000
Total ................................. 3a				405,000

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 ...........
4 Dividends and interest from securities....			14	174,905
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	-107,491
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aFEE REBATES			1	4,145
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				71,559

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

1371,559

(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	1,000			1,000

Person Name	Explanation
WELLS FARGO BANK NA	SEE ATTACHED FOOTNOTE

Name of Bond	End of Year Book Value	End of Year Fair Market Value
0258M0DC0 AMERICAN EXPRESS CRE	8,142	8,049
044820504 ASHMORE EMERG MKTS C	29,787	27,859
20030NBB6 COMCAST CORP	7,701	8,113
277911491 EATON VANCE FLOATING	84,974	80,614
29379VAV5 ENTERPRISE PRODUCTS	4,032	4,338
36962G3P7 GENERAL ELEC CAP COR	6,306	6,560
46625HHS2 JPMORGAN CHASE & CO	7,565	7,590
52470G742 WESTERN ASSET SMASH	54,793	54,168
52470G759 WESTERN ASSET SMASH	97,654	96,948
693390841 PIMCO HIGH YIELD FD-	159,149	219,409
06051GFB0 BANK OF AMERICA CORP	6,251	6,372
126650BW9 CVS CAREMARK CORP	5,365	5,408
172967GL9 CITIGROUP INC	4,032	4,088
861647501 STONE HARBOR LOCAL M	22,435	20,249
92343VBR4 VERIZON COMMUNICATIO	7,751	8,029
315920702 FID ADV EMER MKTS IN	204,907	204,599
693390882 PIMCO FOREIGN BD FD
77958B402 T ROWE PRICE INST FL	100,000	97,168
345370CQ1 FORD MOTOR COMPANY	7,580	8,178
38141GVM3 GOLDMAN SACHS GROUP	6,194	6,330
58013MEX8 MCDONALD'S CORP	8,245	8,217
91086QBD9 UNITED MEXICAN STATE	7,158	7,291
949917652 WF SHORT-TERM BOND F	34,983	34,903

- TIN:

TY 2015 InvestmentsCorpStockSchedule

Name:

TW PRICE GILBERT JR CHARITABLE FUND

EIN:

58-2064640

Name of Stock	End of Year Book Value	End of Year Fair Market Value
14040H105 CAPITAL ONE FINANCIA	40,654	36,254
46625H100 JPMORGAN CHASE & CO	36,425	42,164
478160104 JOHNSON & JOHNSON	32,091	33,807
693475105 PNC FINANCIAL SERVIC	29,760	30,512
037833100 APPLE INC	45,360	51,428
458140100 INTEL CORP	27,340	25,114
594918104 MICROSOFT CORP	37,064	45,580
74005P104 PRAXAIR INC COM	22,661	19,226
92343V104 VERIZON COMMUNICATIO	26,015	26,977
778296103 ROSS STORES INC
370334104 GENERAL MILLS INC	23,158	28,565
13342B105 CAMERON INTL CORP
09062X103 BIOGEN INC	18,968	20,281
50540R409 LABORATORY CRP OF AM	7,994	9,724
902681105 UGI CORP NEW COM	6,319	7,382
881624209 TEVA PHARMACEUTICAL	8,665	8,247
139594105 CAPELLA EDUCATION CO
32054K103 FIRST INDL RLTY TR I	2,206	4,680
48020Q107 JONES LANG LASALLE I
001317205 AIA GROUP LTD-SP ADR	8,545	14,705
003021714 ABERDEEN EMERG MARKE
009126202 AIR LIQUIDE - ADR	11,221	11,795
018805101 ALLIANZ SE ADR	8,810	12,142
03073E105 AMERISOURCEBERGEN CO	4,753	8,698
03524A108 ANHEUSER-BUSCH INBEV	19,330	25,623
03748R101 APARTMENT INVT & MGM	4,332	7,720
042068106 ARM HOLDINGS PLC - A	5,684	10,818
045387107 ASSA ABLOY AB-UNSP A	4,556	9,550
049255706 ATLAS COPCO AB ADR	5,245	5,997
053484101 AVALONBAY CMNTYS INC	11,829	15,829
055434203 BG GROUP PLC - ADR
056752108 BAIDU INC ADR	12,991	13,926
089302103 BIG LOTS INC	7,609	10,826
09247X101 BLACKROCK INC	26,666	28,744
101121101 BOSTON PROPERTIES IN	10,802	14,699
118440106 BUCKLE INC COM
12504L109 CBRE GROUP INC	11,508	12,477
133131102 CAMDEN PPTY TR SH BE
136375102 CANADIAN NATL RR CO	4,828	8,301
16359R103 CHEMED CORP NEW
225401108 CREDIT SUISSE GROUP	4,081	2,216
229663109 CUBESMART	3,031	7,610
23304Y100 DBS GROUP HOLDINGS L	6,967	7,037
23317H102 DDR CORP	2,395	3,063
237545108 DASSAULT SYSTEMES S.	7,145	16,022
254687106 WALT DISNEY CO	28,344	36,711
294752100 EQUITY ONE INC	4,455	6,246
29476L107 EQUITY RESIDENTIAL P	11,450	13,565
297178105 ESSEX PPTY TR COM	9,058	14,770
30225T102 EXTRA SPACE STORAGE	6,579	9,204
30249U101 FMC TECHNOLOGIES INC	27,504	21,321
307305102 FANUC CORPORATION AD	18,991	19,400
313747206 FEDERAL RLTY INVT TR	1,733	3,370
315616102 F5 NETWORKS INC	10,134	10,028
358029106 FRESENIUS MEDICAL CA	4,709	6,907
364730101 GANNETT INC
370023103 GENERAL GROWTH PROPE	7,956	12,817
38143H381 GOLDMAN SACHS COMM S
42217K106 HEALTH CARE REIT INC
43858F109 HONG KONG EXCH & CLE
44107P104 HOST HOTELS & RESORT
45104G104 ICICI BANK LTD. - AD
453038408 IMPERIAL OIL LTD COM
465562106 ITAU UNIBANCO H-SPON	6,058	4,654
466140100 JGC CORP-UNSPONSORED	7,363	4,262
48667L106 KDDI CORP-UNSPONSORE	6,277	8,941
494368103 KIMBERLY CLARK CORP	24,321	27,314
500458401 KOMATSU LIMITED - AD	4,776	3,416
502117203 L'OREAL - ADR	6,767	11,211
502441306 LVMH MOET HENNESSY U	4,037	4,075
515098101 LANDSTAR SYS INC COM
58933Y105 MERCK & CO INC NEW	25,637	25,036
592688105 METTLER-TOLEDO INTL	3,984	4,504
62474M108 MTN GROUP LTD ADR	7,249	3,080
641069406 NESTLE S.A. REGISTER	11,212	15,223
66987V109 NOVARTIS AG - ADR	12,825	15,027
670100205 NOVO NORDISK A/S - A	2,819	7,902
705015105 PEARSON PLC - ADR
731068102 POLARIS INDS INC COM
74340W103 PROLOGIS INC	9,095	14,544
74460D109 PUBLIC STORAGE INC C	4,420	11,417
747525103 QUALCOMM INC
749660106 RPC INC
771195104 ROCHE HOLDINGS LTD -	31,711	34,886
780259107 ROYAL DUTCH SHELL PL	11,320	12,049
780259206 ROYAL DUTCH SHELL PL	9,806	7,516
78440X101 SL GREEN REALTY CORP	7,430	10,846
803054204 SAP SE	7,742	12,728
803866300 SASOL LIMITED - ADR	5,228	3,837
804395101 SAUL CTRS INC COM	2,513	3,596
806857108 SCHLUMBERGER LTD	9,116	9,385
80687P106 SCHNEIDER ELECTRIC S
828806109 SIMON PROPERTY GROUP	18,711	38,145
83569C102 SONOVA HOLDIN-UNSPON	2,812	4,419
86272T106 STRATEGIC HOTELS & R
87162H103 SYNTEL INC
87184P109 SYSMEX CORP-UNSPON A	3,433	13,226
874039100 TAIWAN SEMICONDUCTOR	8,277	16,414
875465106 TANGER FACTORY OUTLE	1,532	1,620
900148701 TURKIYE GARANTI BANK	7,188	3,876
904767704 UNILEVER PLC - ADR	13,159	15,536
92276F100 VENTAS INC COM	1,639	2,653
G16962105 BUNGE LIMITED	7,995	8,115
M22465104 CHECK POINT SOFTWARE	6,599	6,798
025932104 AMERICAN FINL GROUP
05946K101 BANCO BILBAO VIZCAYA	5,598	3,827
072743206 BAYERISCHE MOTOREN W	7,675	6,697
112463104 BROOKDALE SR LIVING
126650100 CVS HEALTH CORPORATI	26,981	27,006
17275R102 CISCO SYSTEMS INC	16,929	17,430
233326107 DST SYS INC COM	10,478	10,520
264411505 DUKE REALTY CORPORAT	4,676	6,131
268648102 E M C CORP MASS
26884U109 EPR PROPERTIES	4,091	6,486
457187102 INGREDION INC	8,719	15,616
465685105 ITC HLDGS CORP
501173207 KUBOTA LIMITED - ADR	4,525	4,318
57686G105 MATSON INC.
64126X201 NEUSTAR INC	10,711	10,103
690768403 OWENS ILL INC COM NE
70509V100 PEBBLEBROOK HOTEL TR	4,864	4,893
86562X106 SUMITOMO MITSUI TR-S
866674104 SUN CMNTYS INC COM	4,654	5,866
867892101 SUNSTONE HOTEL INVS	4,555	4,371
86959C103 SVENSKA HANDELSB-A-U
88019R690 TEMPLETON EMER MKT S	54,380	63,245
887317303 TIME WARNER INC	32,568	30,264
90384S303 ULTA SALON COSMETICS
90460M204 UNI CHARM CORPORATIO
91307C102 UNITED THERAPEUTICS	4,415	5,477
929042109 VORNADO REALTY TRUST	3,099	4,107
92937A102 WPP PLC NEW ADR	7,035	14,375
G0408V102 AON PLC	7,479	8,305
G1151C101 ACCENTURE PLC	27,203	38,070
00770G847 JOHCM INTERNATIONAL	123,086	123,411
008252108 AFFILIATED MANAGERS	10,521	10,238
03027X100 AMERICAN TOWER CORP	4,951	5,289
032359309 AMTRUST FINANCIAL SE	4,716	5,861
042735100 ARROW ELECTRS INC
05566U108 BOFI HOLDING INC
071813109 BAXTER INTL INC
088606108 BHP BILLITON LIMITED	11,952	6,365
099724106 BORG WARNER INC.	11,647	10,617
124830100 CBL & ASSOC PPTYS IN
22160K105 COSTCO WHOLESALE COR	18,793	24,547
231021106 CUMMINS INC.	22,868	18,888
243537107 DECKERS OUTDOOR CORP
248019101 DELUXE CORP	18,436	18,757
35952Q106 FUCHS PETROLUB SE-PR	5,021	4,470
375558103 GILEAD SCIENCES INC	21,525	22,200
458334109 INTER PARFUMS INC	10,583	9,532
49427F108 KILROY REALTY CORP C	2,622	3,284
50048H101 KONE OYJ-B-UNSPONSOR	3,674	3,859
536797103 LITHIA MOTORS INC CL	7,572	8,975
606783207 MITSUBISHI ESTATE CO	6,836	4,366
61022V107 MONOTARO CO LTD-UNSP	1,807	5,600
743713109 PROTO LABS INC	10,741	8,751
78454L100 SM ENERGY CO
80007R105 SANDS CHINA LTD-UNSP
87157D109 SYNAPTICS INC	2,830	4,884
872540109 TJX COMPANIES INC	20,654	27,403
883556102 THERMO FISHER SCIENT	19,839	24,283
89531P105 TREX COMPANY INC	6,362	5,782
90267B682 ETRACS ALERIAN MLP U	105,300	69,666
902973304 US BANCORP	28,806	27,619
90347A100 UBIQUITI NETWORKS IN
911312106 UNITED PARCEL SERVIC	29,199	29,896
911363109 UNITED RENTAL INC CO	8,717	12,680
92220P105 VARIAN MED SYS INC	8,132	8,031
92826C839 VISA INC-CLASS A SHR	21,786	32,365
00507G102 ACTELION LTD-UNSP AD	7,195	9,431
015271109 ALEXANDRIA REAL ESTA	5,199	5,523
02917T104 AMERICAN REALTY CAPI
03232P405 AMSURG CORP	5,054	7,479
03485P201 ANGLO AMERN PLC ADR
041356205 ARLINGTON ASSET INVE
045055100 ASHTEAD GROUP PLC-UN	3,157	2,767
045519402 ASSOC BRITISH FOODS-	4,577	4,043
046433108 ASTRONICS CORP COM
048173108 ATLANTIA SPA-UNSPONS
05565A202 BNP PARIBAS - ADR
072730302 BAYER AG - ADR	4,674	3,339
08160H101 BENCHMARK ELECTRS IN
095180105 BLOUNT INTERNATIONAL
110448107 BRITISH AMERICAN TOB	12,927	13,017
111621306 BROCADE COMMUNICATIO	6,344	6,161
12637N204 CSL LTE-SPONSORED AD	3,085	7,497
128030202 CAL MAINE FOODS INC	5,086	6,275
142339100 CARLISLE COS INC
142795202 CARLSBERG AS-B-SPON	6,577	7,010
15135B101 CENTENE CORP DEL
194162103 COLGATE PALMOLIVE CO	25,555	26,404
204319107 COMPAGNIE FINANCIERE	5,115	3,057
210771200 CONTINENTAL AG-SPONS	3,843	3,687
23381B106 DAIKIN INDUSTRIES-UN
234062206 DAIWA HOUSE IND LTD	9,156	12,729
235851102 DANAHER CORP	36,252	43,278
24869P104 DENNYS CORP	6,693	6,116
260003108 DOVER CORP COM
26168L205 DREW INDUSTRIES INC
26875P101 EOG RESOURCES, INC	27,573	24,001
28140H203 EDUCATION REALTY TRU	3,288	4,108
29084Q100 EMCOR GROUP INC COM	6,315	6,609
292218104 EMPLOYERS HOLDINGS I	6,516	8,746
292505104 ENCANA CORP
29355A107 ENPHASE ENERGY INC
30219G108 EXPRESS SCRIPTS HOLD	26,766	26,065
30239F106 FBL FINL GROUP INC C	6,372	8,556
30255G103 FCB FINANCIAL HOLDIN	5,046	8,170
303075105 FACTSET RESH SYS INC	10,633	10,658
31422T101 FEDERATED NATIONAL H	8,347	7,208
34988V106 FOSSIL GROUP INC	10,145	2,815
35804M105 FRESENIUS SE & CO-SP	4,421	6,880
36162J106 GEO GROUP INC/THE
37253A103 GENTHERM INC	9,536	7,755
379577208 GLOBUS MEDICAL INC -	5,795	6,230
38259P508 GOOGLE INC
388689101 GRAPHIC PACKAGING HL	6,275	7,223
393657101 THE GREENBRIER COMPA	6,237	2,497
40418F108 HFF INC
40428X222 HSBC FRONTIER MARKET	230,364	166,755
421924309 HEALTHSOUTH REHABILI	6,469	7,016
437076102 HOME DEPOT INC	28,504	38,315
450911201 ITT CORP
45672B305 INFORMA PLC-SP ADR	5,641	6,697
45772F107 INPHI CORP	3,670	7,486
458118106 INTEGRATED DEVICE TE	6,314	8,873
45824V209 INSYS THERAPEUTICS I
45825N107 INTELIQUENT INC
46113M108 INTERVAL LEISURE GRO
46145F105 INVESTMENT TECHNOLOG
471105205 JAPAN TOBACCO INC-UN	8,044	9,727
477143101 JETBLUE AWYS CORP
48123V102 J2 GLOBAL INC	6,316	8,438
48241F104 KBC GROEP NV-UNSP AD	3,843	3,733
516012101 LANNETT INC
518415104 LATTICE SEMICONDUCTO
53224V100 LIFELOCK INC
535223200 LINDE AG ADR	5,881	4,937
539439109 LLOYDS BANKING GROUP	11,008	9,070
554382101 MACERICH CO COM
560877300 MAKITA CORPORATION -	7,404	7,854
576853105 MATRIX SVC CO	8,611	5,501
58502L104 MEDIOLANUM SPA-UNSPO
591520200 METHODE ELECTRON INC	6,684	5,046
603158106 MINERALS TECHNOLOGIE	12,005	12,442
636220303 NATIONAL GENERAL HOL	6,682	7,401
64128R608 NEUBERGER BERMAN LON	150,000	148,837
646025106 NEW JERSEY RES CORP
67069D108 NUTRI SYS INC	5,376	7,789
670704105 NUVASIVE INC	5,447	8,373
682128103 OMNIVISION TECHNOLOG
713831105 PERICOM SEMICONDUCTO
71714F104 PHARMERICA CORP	6,313	5,766
74144Q203 T ROWE PRICE INST EM	452,469	433,995
74253Q747 PRINCIPAL MIDCAP FD-	204,000	203,720
74267C106 PROASSURANCE CORPORA
744320102 PRUDENTIAL FINL INC	26,845	25,360
74435K204 PRUDENTIAL PLC - ADR	13,883	11,738
74736A103 QTS REALTY TRUST INC	4,214	7,544
74925K581 BOSTON P LNG/SHRT RE	150,000	151,005
74972G103 RPX CORP	6,325	3,668
756568101 RED ELECTRICA COR-UN	5,701	6,034
761655604 REXAM PLC-SPONSORED	3,782	3,859
770323103 ROBERT HALF INTL INC	11,841	8,360
780641205 KONINKLIJKE KPN N.V.	3,191	4,002
783332109 RUTH'S HOSPITALITY G	6,355	8,504
783513104 RYANAIR HOLDINGS PLC
78392U105 RYOHIN KEIKAKU CO-UN	2,628	4,959
78462F103 SPDR S & P 500 ETF T
78463X863 SPDR DJ WILSHIRE INT	94,652	90,324
79588J102 SAMPO OYJ-A SHS-UNSP	7,084	6,227
801056102 SANMINA CORP	6,455	7,555
81619Q105 SELECT MEDICAL HOLDI	6,324	5,068
81783H105 SEVEN & I HOLDINGS C	6,933	6,785
82481R106 SHIRE PLC ADR	9,575	9,308
830566105 SKECHERS U S A INC	2,342	4,894
833034101 SNAP ON INC	27,062	32,364
83404D109 SOFTBANK GROUP CORP-	10,850	8,290
835699307 SONY CORPORATION - A	4,926	5,210
84473L105 SOUTH32 - ADR-W/I
847560109 SPECTRA ENERGY CORP	28,794	24,532
85771P102 STATOIL ASA ADR
862121100 STORE CAPITAL CORP	5,840	6,331
863667101 STRYKER CORP	26,990	32,792
86562M209 SUMITOMO TRUST AND B	10,109	7,846
868459108 SUPERNUS PHARMACEUTI	3,228	7,160
870195104 SWEDBANK AB ADR	6,995	5,887
87155N109 SYMRISE AG ADR	4,239	4,911
87944W105 TELENOR ASA - ADR	6,374	4,636
88164L100 TESSERA TECHNOLOGIES	6,385	5,680
888706108 TIVO INC
891092108 TORO CO
891826109 TOWER INTERNATIONAL	6,396	3,987
894648104 TRECORA RESOURCES
904708104 UNIFIRST CORP MASS	6,411	7,172
913004107 UNITED STATIONERS IN
913483103 UNIVERSAL ELECTRONIC
91704F104 URBAN EDGE PROPERTIE
918204108 V F CORP	29,321	24,928
919134304 VALEO - ADR	5,383	6,704
927320101 VINCI SA ADR	4,801	6,022
92939N102 WP GLIMCHER INC
977868306 WOLSELEY PLC	7,632	8,485
977874205 WOLTERS KLUWER NV -	4,973	7,149
G5753U112 MAIDEN HOLDINGS LTD	6,456	7,059
G5960L103 MEDTRONIC PLC	33,089	34,606
G81276100 SIGNET JEWELERS LIMI	4,536	4,355
N6596X109 NXP SEMICONDUCTORS N	30,040	29,292
Y8565N102 TEEKAY TANKERS LTD
015393101 ALFA LAVAL AB-UNSPON	3,803	3,803
02079K305 ALPHABET INC CL A	37,224	50,922
024835100 AMERICAN CAMPUS CMNT	4,045	4,232
04010E109 ARGAN INC	6,936	6,767
044103109 ASHFORD HOSPITALITY	8,000	4,794
053774105 AVIS BUDGET GROUP	10,212	10,320
053807103 AVNET INC	11,625	10,586
05970D106 BANCA MEDIOLANUM SPA	2,042	2,048
090672106 BIOTELEMETRY INC	4,898	8,797
139098107 CAPGEMINI SA ADR	3,320	3,955
172755100 CIRRUS LOGIC INC	6,507	7,920
174610105 CITIZENS FINANCIAL G	19,739	17,663
19624Y101 COLOPLAST AS - UNSPO	4,366	4,483
19765Y688 COLUMB SEL LGE CAP G	542,000	506,953
199908104 COMFORT SYS USA INC	6,972	6,784
20449X302 COMPASS GROUP PLC -	7,499	8,230
212485106 CONVERGYS CORP	9,512	11,361
22544R305 CREDIT SUISSE COMM R	143,565	155,297
22822V101 CROWN CASTLE INTL CO	4,124	4,359
242370203 DEAN FOODS CO	6,854	7,093
29444U700 EQUINIX INC	14,874	18,100
29977A105 EVERCORE PARTNERS IN	6,710	6,552
30219E103 EXPRESS INC	16,631	12,737
359694106 FULLER H B CO	12,040	12,557
361592108 GEA GROUP AG ADR	2,758	3,115
37518B102 GIGAMON INC	6,831	7,725
398438408 GRIFOLS SA-ADR	4,413	4,166
40049J206 GRUPO TELEVISA, S.A.	3,630	3,717
404609109 HACKETT GROUP INC	5,742	7,091
42727J102 HERITAGE INSURANCE H	8,824	6,119
43300A104 HILTON WORLDWIDE HOL	2,864	3,179
443320106 HUB GROUP INC	10,015	10,645
44930G107 ICU MED INC COM	5,894	6,447
45073V108 ITT INC	6,378	4,758
452308109 ILLINOIS TOOL WORKS	20,141	23,327
45329R109 INC RESEARCH HOLDING	7,201	7,571
45685L100 INFRAREIT INC	5,744	4,842
46123D205 INVENSENSE INC	6,921	3,523
526107107 LENNOX INTERNATIONAL	4,940	6,043
562750109 MANHATTAN ASSOCIATES	6,082	6,593
602496101 MIMEDX GROUP INC	7,143	4,864
631512100 NASPERS LTD ADR	7,906	8,572
651229106 NEWELL BRANDS, INC	23,172	26,945
701491102 PARK24 CO LTD-SPN AD	4,642	4,745
71943U104 PHYSICIANS REALTY TR	3,920	4,197
758849103 REGENCY CENTERS CORP	3,680	3,983
759351604 REINSURANCE GROUP AM	10,334	10,806
759530108 RELX PLC	6,485	6,919
76009N100 RENT-A-CENTER INC	10,460	5,202
783513203 RYANAIR HOLDINGS PLC	2,635	4,195
811065101 SCRIPPS NETWORKS INT	9,309	9,651
81616X103 SELECT COMFORT CORPO	10,185	8,273
81768T108 SERVISFIRST BANCSHAR	9,674	10,356
830879102 SKYWEST INC	6,319	6,396
831756101 SMITH & WESSON HLDG	6,391	5,483
848577102 SPIRIT AIRLINES INC	11,055	9,650
84860W102 SPIRIT RLTY CAP INC	5,739	6,160
864909106 SUCAMPO PHARMACEUTIC	7,001	3,798
86800U104 SUPER MICRO COMPUTER	8,082	8,056
87817A107 TEAM HEALTH HOLDINGS	6,065	7,243
88031M109 TENARIS S.A. - ADR	3,829	3,912
910710102 UNITED INSURANCE HOL	6,187	6,164
92852T201 VIVENDI SA-UNSPON AD	4,789	3,987
929566107 WABASH NATL CORP	7,091	8,465
94733A104 WEB.COM GROUP INC	6,310	5,396
95040Q104 WELLTOWER INC	14,143	17,434
978097103 WOLVERINE WORLD WIDE	9,938	10,380
981560105 WORLDPAY GROUP PLC-U	2,626	2,722
98884U108 ZAGG INC	6,966	2,986
L9340P101 TRINSEO SA	4,934	8,288
N47279109 INTERXION HOLDING NV	3,567	4,121
Y62159101 NAVIOS MARITIME ACQU	6,916	3,195

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
GRA994205 GRAHAM ALT INV FD II	AT COST	176,504	173,758
GTY995004 GAI AGILITY INCOME F	AT COST	144,432	138,627
RCI991006 RICI LINKED PAM TOTA
70299RF16 PARTNERS GROUP PRIV	AT COST	238,784	444,400
GTC997004 GAI CORBIN MULTI STR
SKY990RF9 SKYBRIDGE MULTI-ADVI	AT COST	200,000	180,051
GTA994003 GAI AURORA OPPORTUNI	AT COST	150,000	136,164
GTC999HB8 GAI CORBIN FUND 5% H	AT COST	7,935	7,935

Description	Amount
MUTUAL FUND POSTING DATE AFTER TYE	3,918
SALES WITH LOSS EFFECTIVE DATE PRIOR TY	3,947
DISALLOWED WASH SALES	3,302

Description	Amount
MUTUAL FUND TAX EFFECTIVE DATE BEFORE TYE	4,186
ROC BASIS ADJUSTMENTS	823
PURCHASE ACCRUED INT POSTING AFTER TY	83
SALES WITH GAIN EFFECTIVE DATE PRIOR TY	14,481
SALES WITH LOSS POSTING AFTER TYE	3,891
MUTUAL FUND ADJUSTMENTS	655
ROUNDING	8

Description	Revenue And Expenses Per Books	Net Investment Income
FEE REBATES	4,145	4,145
PARTNERSHIP INTEREST INC		57
PARTNERSHIP NET ST GAIN		4,599
PARTNERSHIP OTHER INCOME		22,931

Category	Amount	Net Investment Income
FOREIGN TAXES	2,957	2,957
FEDERAL ESTIMATES - PRINCIPAL	1,869	0
FOREIGN TAXES ON QUALIFIED FOR	2,267	2,267
FOREIGN TAXES ON NONQUALIFIED	510	510