TY 2015 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0052

2015

Open to Public Inspection

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

Name of foundation
THE MEDWAY CHARITABLE TRUST

Number and street (or P.O. box number if mail is not delivered to street address)901 SOUTH BOND STREET
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BALTIMORE, MD21231

A Employer identification number

45-5521136

B Telephone number (see instructions)

(410) 537-5452

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

$4,498,265J 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...	75,468		75,049
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		129,100
b	Gross sales price for all assets on line 6a 1,489,328
7	Capital gain net income (from Part IV, line 2)...			129,100
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).......		56
12	Total. Add lines 1 through 11........	204,624		204,149
13	Compensation of officers, directors, trustees, etc.	24,000		24,000
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).......
c	Other professional fees (attach schedule)....		12,406	12,406		0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		1,756	1,756		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).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	38,162		38,162	0	0
25	Contributions, gifts, grants paid.......	232,140				232,140
26	Total expenses and disbursements. Add lines 24 and 25	270,302		38,162	0	232,140
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-65,678
b	Net investment income (if negative, enter -0-)			165,987
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2015)

Form 990-PF (2015)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	294,976	245,108	245,108
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	2,695,748	2,729,372	2,901,864
	c	Investments—corporate bonds (attach schedule).......	1,463,103	1,412,847	1,351,293
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........			0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	4,453,827	4,387,327	4,498,265
	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........	4,453,827	4,387,327
	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).....	4,453,827	4,387,327
	31	Total liabilities and net assets/fund balances (see instructions).	4,453,827	4,387,327

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

4,453,827

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

-65,678

Other increases not included in line 2 (itemize) bullet

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

4,388,149

Decreases not included in line 2 (itemize) bullet

822

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

4,387,327

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	2. FOSSIL GROUP INC		2013-02-05	2015-01-02
b	16. QUALCOMM CORP.		2013-02-05	2015-01-02
c	40. SUNTRUST BANKS INC.		2013-11-22	2015-01-02
d	17. QUALCOMM CORP.		2013-02-05	2015-01-05
e	5. COVANCE INC		2013-08-30	2015-01-06
	2. FOSSIL GROUP INC		2013-02-05	2015-01-06
	13. QUALCOMM CORP.		2013-02-05	2015-01-06
	5. COVANCE INC		2013-08-30	2015-01-07
	1. FOSSIL GROUP INC		2013-02-05	2015-01-07
	9. QUALCOMM CORP.		2013-02-05	2015-01-07
	4. COVANCE INC		2013-02-05	2015-01-08
	3. FOSSIL GROUP INC		2013-02-05	2015-01-08
	7. GILEAD SCIENCES INC.		2013-12-09	2015-01-08
	14. GILEAD SCIENCES INC.		2014-03-14	2015-01-08
	13. QUALCOMM CORP.		2013-02-05	2015-01-08
	4. COVANCE INC		2013-02-05	2015-01-09
	6. FOSSIL GROUP INC		2013-02-05	2015-01-09
	2. BEST BUY COMPANY INC		2013-04-16	2015-01-12
	66. BEST BUY COMPANY INC		2014-01-24	2015-01-12
	1. COVANCE INC		2013-02-05	2015-01-12
	1. FOSSIL GROUP INC		2013-02-05	2015-01-12
	136. M & T BK CORP COM		2013-05-31	2015-01-12
	256. REGIONS FINL CORP NEW		2013-11-22	2015-01-12
	1. COVANCE INC		2013-02-05	2015-01-13
	151.99513 REGIONS FINL CORP NEW		2013-11-22	2015-01-13
	46.00487 REGIONS FINL CORP NEW		2013-11-22	2015-01-13
	4. COVANCE INC		2013-02-05	2015-01-14
	30. DISCOVERY COMMUNICAIONS-A		2014-04-03	2015-01-14
	10. DISCOVERY COMMUNICATIONS-C		2014-04-02	2015-01-14
	5. CORE LABORATORIES N V		2014-06-05	2015-01-14
	6. COVANCE INC		2013-02-05	2015-01-15
	4. DISCOVERY COMMUNICAIONS-A		2014-03-24	2015-01-15
	6. DISCOVERY COMMUNICATIONS-C		2014-04-03	2015-01-15
	2. CORE LABORATORIES N V		2014-06-02	2015-01-15
	132. DISCOVERY COMMUNICAIONS-A		2014-07-09	2015-01-16
	23. DISCOVERY COMMUNICATIONS-C		2014-04-01	2015-01-16
	62. SCHLUMBERGER LTD.		2013-05-31	2015-01-16
	10. CORE LABORATORIES N V		2014-06-03	2015-01-16
	5. DISCOVERY COMMUNICATIONS-C		2014-03-17	2015-01-20
	2. FOSSIL GROUP INC		2013-02-05	2015-01-20
	6. CORE LABORATORIES N V		2013-08-30	2015-01-20
	11. DISCOVERY COMMUNICATIONS-C		2014-04-04	2015-01-21
	3. FOSSIL GROUP INC		2013-02-05	2015-01-21
	9. CORE LABORATORIES N V		2013-08-30	2015-01-21
	111. CITY NATIONAL CORP		2013-12-09	2015-01-22
	120. CITY NATIONAL CORP		2014-10-07	2015-01-22
	14. DISCOVERY COMMUNICATIONS-C		2014-03-31	2015-01-22
	6. FOSSIL GROUP INC		2013-02-05	2015-01-22
	13. QUALCOMM CORP.		2013-02-05	2015-01-22
	1. CORE LABORATORIES N V		2013-08-30	2015-01-22
	9. DISCOVERY COMMUNICATIONS-C		2014-03-31	2015-01-23
	35. DISCOVERY COMMUNICATIONS-C		2014-04-07	2015-01-23
	7. DISCOVERY COMMUNICATIONS-C		2014-09-19	2015-01-26
	5. FOSSIL GROUP INC		2013-02-05	2015-01-26
	25. QUALCOMM CORP.		2013-02-05	2015-01-26
	2. CORE LABORATORIES N V		2013-08-30	2015-01-26
	67. DISCOVERY COMMUNICATIONS-C		2014-09-19	2015-01-27
	3. FOSSIL GROUP INC		2013-02-05	2015-01-27
	1. CORE LABORATORIES N V		2013-08-30	2015-01-27
	10. APPLE COMPUTER INC.		2013-08-30	2015-01-28
	1. FOSSIL GROUP INC		2013-02-05	2015-01-28
	3. CORE LABORATORIES N V		2013-08-30	2015-01-28
	4. FOSSIL GROUP INC		2013-02-05	2015-01-29
	18. CORE LABORATORIES N V		2013-08-30	2015-01-29
	62. DISCOVERY COMMUNICATIONS-C		2014-10-06	2015-01-30
	11. CORE LABORATORIES N V		2013-02-05	2015-01-30
	8. FOSSIL GROUP INC		2013-02-05	2015-02-02
	8. CORE LABORATORIES N V		2013-02-05	2015-02-02
	11. COVANCE INC		2013-02-05	2015-02-03
	22. QUALCOMM CORP.		2013-08-30	2015-02-03
	9. CORE LABORATORIES N V		2013-02-05	2015-02-03
	7. COVANCE INC		2013-02-05	2015-02-04
	15. STARBUCKS CORP.		2013-08-30	2015-02-04
	6. STARBUCKS CORP.		2014-02-04	2015-02-04
	6. CORE LABORATORIES N V		2013-02-05	2015-02-04
	4. COVANCE INC		2013-02-05	2015-02-05
	8. CORE LABORATORIES N V		2013-02-05	2015-02-05
	3. COVANCE INC		2013-02-05	2015-02-06
	12. FMC TECHNOLOGIES INC		2014-09-05	2015-02-06
	87. INFORMATICA CORP		2014-09-24	2015-02-06
	24. SCHLUMBERGER LTD.		2013-03-22	2015-02-06
	1. COVANCE INC		2013-02-05	2015-02-09
	8. FMC TECHNOLOGIES INC		2013-08-30	2015-02-09
	11. FMC TECHNOLOGIES INC		2014-09-08	2015-02-09
	18. INFORMATICA CORP		2014-09-24	2015-02-09
	6. QUALCOMM CORP.		2013-08-30	2015-02-09
	3. COVANCE INC		2013-02-05	2015-02-10
	13. FMC TECHNOLOGIES INC		2013-08-30	2015-02-10
	48. INFORMATICA CORP		2014-09-24	2015-02-10
	15. QUALCOMM CORP.		2013-08-30	2015-02-10
	3. COVANCE INC		2013-02-05	2015-02-11
	2. COVANCE INC		2013-02-05	2015-02-13
	1. COVANCE INC		2013-02-05	2015-02-17
	11. QUALCOMM CORP.		2013-08-30	2015-02-17
	10. SCHLUMBERGER LTD.		2014-11-28	2015-02-17
	15. COVANCE INC		2013-02-05	2015-02-18
	6. QUALCOMM CORP.		2013-08-30	2015-02-18
	7. QUALCOMM CORP.		2013-08-30	2015-02-19
	43. INFORMATICA CORP		2014-07-31	2015-02-20
	24. CITY NATIONAL CORP		2013-08-06	2015-02-25
	18. CITY NATIONAL CORP		2014-05-20	2015-02-25
	6. INFORMATICA CORP		2014-07-31	2015-02-25
	4. QUALCOMM CORP.		2013-08-30	2015-03-03
	34. SCHLUMBERGER LTD.		2013-03-22	2015-03-03
	24. QUALCOMM CORP.		2013-08-30	2015-03-04
	70. COMMSCOPE HOLDING CO INC		2015-01-27	2015-03-05
	17. QUALCOMM CORP.		2013-08-30	2015-03-05
	34. QUALCOMM CORP.		2013-08-30	2015-03-06
	68. CHARLES SCHWAB CORP.		2013-05-31	2015-03-09
	4. WHOLE FOODS MARKET INC		2013-10-08	2015-03-09
	11. WHOLE FOODS MARKET INC		2013-10-08	2015-03-10
	8. WHOLE FOODS MARKET INC		2013-10-07	2015-03-11
	9. GILEAD SCIENCES INC.		2013-11-22	2015-03-12
	23. INFORMATICA CORP		2014-07-31	2015-03-12
	13. WHOLE FOODS MARKET INC		2014-01-09	2015-03-12
	8. WHOLE FOODS MARKET INC		2014-01-09	2015-03-13
	2. GILEAD SCIENCES INC.		2013-11-22	2015-03-16
	1. GILEAD SCIENCES INC.		2013-11-26	2015-03-17
	1. GILEAD SCIENCES INC.		2013-11-26	2015-03-18
	5. GENPACT LTD USD 0.001		2013-08-30	2015-03-18
	3. GILEAD SCIENCES INC.		2013-12-02	2015-03-19
	3. SCHLUMBERGER LTD.		2014-11-28	2015-03-19
	11. SCHLUMBERGER LTD.		2013-08-30	2015-03-19
	3. SCHLUMBERGER LTD.		2014-11-28	2015-03-19
	4. GENPACT LTD USD 0.001		2013-08-30	2015-03-19
	6. GILEAD SCIENCES INC.		2013-12-02	2015-03-20
	16. SCHLUMBERGER LTD.		2013-08-30	2015-03-20
	7. GENPACT LTD USD 0.001		2013-08-30	2015-03-20
	4. GENPACT LTD USD 0.001		2013-08-30	2015-03-23
	4. GOOGLE INC CL A		2013-08-30	2015-03-24
	4. GOOGLE INC		2013-08-30	2015-03-24
	123. SCHLUMBERGER LTD.		2013-04-16	2015-03-26
	3. GENPACT LTD USD 0.001		2013-08-30	2015-03-30
	46. NORTHERN TR CORP		2014-01-23	2015-03-31
	66. BEST BUY COMPANY INC		2013-04-16	2015-04-01
	40. INFORMATICA CORP		2014-07-31	2015-04-02
	95. CITY NATIONAL CORP		2013-08-27	2015-04-06
	7. CITY NATIONAL CORP		2014-05-19	2015-04-06
	98. INFORMATICA CORP		2014-07-31	2015-04-06
	70. CITY NATIONAL CORP		2013-10-08	2015-04-07
	15. EXPRESS SCRIPTS HLDG CO		2013-08-30	2015-04-09
	97. INFORMATICA CORP		2014-07-31	2015-04-09
	1. GENPACT LTD USD 0.001		2013-08-30	2015-04-09
	4. GENPACT LTD USD 0.001		2013-08-30	2015-04-10
	1. GENPACT LTD USD 0.001		2013-08-30	2015-04-13
	1. GENPACT LTD USD 0.001		2013-08-30	2015-04-16
	1. GENPACT LTD USD 0.001		2013-08-30	2015-04-20
	5. GENPACT LTD USD 0.001		2013-08-30	2015-04-22
	29. CHARLES SCHWAB CORP.		2014-06-19	2015-04-23
	38. SUNTRUST BANKS INC.		2013-11-22	2015-04-23
	4. GENPACT LTD USD 0.001		2013-08-30	2015-04-23
	30. APPLE COMPUTER INC.		2013-05-31	2015-04-27
	20. SUNTRUST BANKS INC.		2013-11-22	2015-04-27
	28. SUNTRUST BANKS INC.		2013-11-22	2015-04-28
	1. GENPACT LTD USD 0.001		2013-08-30	2015-04-29
	5. DAVITA INC		2013-02-28	2015-05-06
	10. EXPRESS SCRIPTS HLDG CO		2013-08-30	2015-05-06
	6. GILEAD SCIENCES INC.		2013-12-02	2015-05-06
	7. DAVITA INC		2013-02-27	2015-05-07
	12. EXPRESS SCRIPTS HLDG CO		2013-08-30	2015-05-07
	5. GILEAD SCIENCES INC.		2013-12-02	2015-05-07
	.0439 GOOGLE INC		2013-08-30	2015-05-07
	3. DAVITA INC		2013-02-05	2015-05-08
	9. GILEAD SCIENCES INC.		2013-12-06	2015-05-08
	3. GENPACT LTD USD 0.001		2013-08-30	2015-05-08
	1. DAVITA INC		2013-02-05	2015-05-11
	1. DAVITA INC		2013-02-05	2015-05-13
	12. DAVITA INC		2013-02-05	2015-05-14
	3. GENPACT LTD USD 0.001		2013-08-30	2015-05-14
	12. CHARLES SCHWAB CORP.		2014-06-17	2015-05-19
	4. VISA INC		2013-08-21	2015-05-19
	52. CISCO SYSTEMS		2013-10-08	2015-05-20
	36. MICROSOFT CORP.		2013-04-16	2015-05-20
	26. NOVARTIS AG ADR		2013-11-22	2015-05-20
	83. POTASH CORP SASK INC COM W/RTS ATTACHED		2013-11-19	2015-05-20
	8. CHARLES SCHWAB CORP.		2014-06-13	2015-05-20
	5. VISA INC		2013-08-21	2015-05-20
	45. GAMESTOP CORP NEW		2014-03-18	2015-05-21
	149. POTASH CORP SASK INC COM W/RTS ATTACHED		2013-11-22	2015-05-21
	37. NORTHERN TR CORP		2014-02-12	2015-05-22
	9. POTASH CORP SASK INC COM W/RTS ATTACHED		2013-11-22	2015-05-22
	25. BAXTER INTL. INC.		2014-05-02	2015-05-26
	25. BAXTER INTL. INC.		2014-06-25	2015-05-26
	155. NETAPP INC		2013-05-31	2015-05-26
	3. NETAPP INC		2014-07-11	2015-05-26
	11. CHARLES SCHWAB CORP.		2014-06-13	2015-05-27
	12. CHARLES SCHWAB CORP.		2014-06-16	2015-05-28
	2. INTUITIVE SURGICAL INC		2013-02-05	2015-06-01
	5. BAXTER INTL. INC.		2014-06-25	2015-06-03
	15. BAXTER INTL. INC.		2014-03-28	2015-06-03
	9. GAMESTOP CORP NEW		2014-11-25	2015-06-03
	20. GAMESTOP CORP NEW		2014-03-18	2015-06-03
	26. GAMESTOP CORP NEW		2014-11-25	2015-06-04
	20. GAMESTOP CORP NEW		2014-11-25	2015-06-05
	50. NETAPP INC		2014-05-27	2015-06-05
	128. NETAPP INC		2015-02-12	2015-06-05
	1. MEAD JOHNSON NUTRITION CO-A		2013-02-05	2015-06-09
	6. APPLE COMPUTER INC.		2013-02-05	2015-06-10
	9. GILEAD SCIENCES INC.		2014-03-21	2015-06-10
	9. VISA INC		2013-08-21	2015-06-10
	3. VISA INC		2013-08-23	2015-06-11
	17. WHOLE FOODS MARKET INC		2013-08-30	2015-06-15
	17. WHOLE FOODS MARKET INC		2013-08-30	2015-06-16
	12. WHOLE FOODS MARKET INC		2013-08-30	2015-06-17
	7. AMAZON.COM INC		2015-06-17	2015-06-18
	40. AMPHENOL CORP - CL A		2013-10-23	2015-06-18
	14. ANSYS INC		2013-08-30	2015-06-18
	19. APPLE COMPUTER INC.		2013-02-05	2015-06-18
	2. BRISTOL MYERS SQUIBB CO.		2015-03-20	2015-06-18
	28. BRISTOL MYERS SQUIBB CO.		2015-03-20	2015-06-18
	37. COGNIZANT TECH SOLUTIONS CRP COM		2015-01-26	2015-06-18
	26. COLFAX CORP		2015-05-22	2015-06-18
	8. COLFAX CORP		2014-12-22	2015-06-18
	29. DANAHER CORP		2013-08-30	2015-06-18
	23. DAVITA INC		2013-02-05	2015-06-18
	13. ECOLAB INC COM		2014-02-06	2015-06-18
	34. EXPRESS SCRIPTS HLDG CO		2013-08-30	2015-06-18
	22.00014 FMC TECHNOLOGIES INC		2013-08-30	2015-06-18
	13.99986 FMC TECHNOLOGIES INC		2013-08-30	2015-06-18
	30. FACEBOOK INC		2015-03-24	2015-06-18
	42. FASTENAL CO		2014-03-14	2015-06-18
	15. GILEAD SCIENCES INC.		2014-03-21	2015-06-18
	2. GOOGLE INC CL A		2013-08-30	2015-06-18
	2. GOOGLE INC		2013-08-30	2015-06-18
	5. INTUITIVE SURGICAL INC		2013-02-05	2015-06-18
	29. ESTEE LAUDER COMPANIES CL A		2014-04-01	2015-06-18
	21. MEAD JOHNSON NUTRITION CO-A		2013-02-05	2015-06-18
	34. NATL INSTRUMENT CORP		2013-02-05	2015-06-18
	11. NETSUITE INC		2015-01-29	2015-06-18
	32. SALESFORCE COM INC		2013-08-30	2015-06-18
	19. SCHLUMBERGER LTD.		2013-08-30	2015-06-18
	94. CHARLES SCHWAB CORP.		2014-06-16	2015-06-18
	57. STARBUCKS CORP.		2013-08-30	2015-06-18
	19. STERICYCLE INC		2014-11-04	2015-06-18
	913. SYNOVUS FINL CORP		2014-12-19	2015-06-18
	19. TRIPADVISOR INC-W/I		2015-06-17	2015-06-18
	8. VISA INC		2013-08-23	2015-06-18
	44. VISA INC		2013-08-29	2015-06-18
	9. WHOLE FOODS MARKET INC		2013-08-30	2015-06-18
	27. WHOLE FOODS MARKET INC		2013-08-30	2015-06-18
	68. GENPACT LTD USD 0.001		2013-08-30	2015-06-18
	20. NXP SEMICONDUCTORS N V		2015-04-23	2015-06-18
	5. WHOLE FOODS MARKET INC		2013-08-30	2015-06-19
	19. WHOLE FOODS MARKET INC		2013-08-30	2015-06-22
	474. ABBVIE INC		2015-03-09	2015-06-23
	134. AMERIPRISE FINL INC		2015-05-06	2015-06-23
	34. APPLE COMPUTER INC.		2013-05-31	2015-06-23
	36. BAXTER INTL. INC.		2015-02-20	2015-06-23
	275. BAXTER INTL. INC.		2014-04-10	2015-06-23
	1064. CISCO SYSTEMS		2013-12-24	2015-06-23
	355. COACH INC		2014-09-04	2015-06-23
	315. COACH INC		2014-06-11	2015-06-23
	657. COMMSCOPE HOLDING CO INC		2015-01-26	2015-06-23
	480. DISCOVERY COMMUNICAIONS-A		2015-01-28	2015-06-23
	453. FOREST CITY ENTERPRISES INC CL A		2015-05-12	2015-06-23
	78. GAMESTOP CORP NEW		2014-12-23	2015-06-23
	484. GAMESTOP CORP NEW		2014-03-27	2015-06-23
	547. GENERAL ELECTRIC CO.		2015-04-21	2015-06-23
	995. HOLOGIC INC		2013-11-22	2015-06-23
	75. J P MORGAN CHASE & CO		2014-10-07	2015-06-23
	161. J P MORGAN CHASE & CO		2014-03-07	2015-06-23
	435. JOY GLOBAL INC		2014-05-27	2015-06-23
	209. JOY GLOBAL INC		2014-12-10	2015-06-23
	94. MERCK & CO INC		2013-05-31	2015-06-23
	265. MICROCHIP TECHNOLOGY INC		2013-04-16	2015-06-23
	151. NATIONAL-OILWELL INC		2014-05-02	2015-06-23
	320. NETAPP INC		2013-04-16	2015-06-23
	48. NETAPP INC		2014-06-25	2015-06-23
	397. NORTHERN TR CORP		2014-02-12	2015-06-23
	229. NOVARTIS AG ADR		2013-11-22	2015-06-23
	25. OCCIDENTAL PETROLEUM CORP.		2013-11-22	2015-06-23
	269. OCEANEERING INTERNATIONAL INC		2014-10-15	2015-06-23
	289. PACCAR INC		2013-05-31	2015-06-23
	203. PHILIP MORRIS INTERNATIONAL		2015-06-12	2015-06-23
	731. PLAINS GP HOLDINGS LP-CL A		2015-03-31	2015-06-23
	634. POTASH CORP SASK INC COM W/RTS ATTACHED		2013-11-22	2015-06-23
	77. QUALCOMM CORP.		2013-11-22	2015-06-23
	59. QUALCOMM CORP.		2015-04-23	2015-06-23
	1684. REGIONS FINL CORP NEW		2013-12-03	2015-06-23
	240. REGIONS FINL CORP NEW		2015-03-26	2015-06-23
	509. SANOFI-SYNTHELABO		2014-10-28	2015-06-23
	61. CHARLES SCHWAB CORP.		2013-05-31	2015-06-23
	713. SUNCOR ENERGY INC		2015-03-26	2015-06-23
	759. SUNTRUST BANKS INC.		2013-05-31	2015-06-23
	161. TEVA PHARMACEUTICAL INDS		2014-02-07	2015-06-23
	622. UNILEVER N V - NY SHARES		2014-12-23	2015-06-23
	219. VIACOM INC NEW		2015-06-12	2015-06-23
	348. YAHOO! INC		2015-06-09	2015-06-23
	302. ENSCO PLC		2015-02-27	2015-06-23
	323. ENSCO PLC		2014-02-19	2015-06-23
	305. GARMIN LTD		2013-07-24	2015-06-23
	330. GARMIN LTD		2015-05-19	2015-06-23
	240. CHECK POINT SOFTWARE TECHNOLOGIES INC		2013-11-22	2015-06-23
	6. WHOLE FOODS MARKET INC		2014-01-16	2015-06-24
	6. WHOLE FOODS MARKET INC		2014-01-16	2015-06-25
	10. SALESFORCE COM INC		2013-08-30	2015-07-07
	4. SALESFORCE COM INC		2013-08-30	2015-07-08
	10. WHOLE FOODS MARKET INC		2014-01-17	2015-07-09
	4. ESTEE LAUDER COMPANIES CL A		2014-04-01	2015-07-15
	4. WHOLE FOODS MARKET INC		2014-01-17	2015-07-15
	5. ESTEE LAUDER COMPANIES CL A		2013-08-30	2015-07-16
	30. OWENS CORNING NEW		2015-06-23	2015-07-16
	8. WHOLE FOODS MARKET INC		2014-02-19	2015-07-16
	9. SCHLUMBERGER LTD.		2013-08-30	2015-07-17
	33. OWENS CORNING NEW		2015-06-23	2015-07-20
	9. SCHLUMBERGER LTD.		2013-08-30	2015-07-20
	6. SCHLUMBERGER LTD.		2013-08-30	2015-07-21
	4. GOOGLE INC CL A		2015-06-23	2015-07-22
	47. OWENS CORNING NEW		2015-06-23	2015-07-22
	22. SCHLUMBERGER LTD.		2013-08-30	2015-07-22
	22. WALT DISNEY CO.		2015-06-23	2015-07-24
	3. AMAZON.COM INC		2015-02-04	2015-07-27
	13. SCHLUMBERGER LTD.		2013-02-05	2015-07-28
	6. SCHLUMBERGER LTD.		2013-02-05	2015-07-29
	41. NATIONAL-OILWELL INC		2013-05-31	2015-07-30
	3. SCHLUMBERGER LTD.		2013-02-05	2015-08-03
	8. SCHLUMBERGER LTD.		2013-02-05	2015-08-04
	18. NATIONAL-OILWELL INC		2013-03-22	2015-08-05
	9. SCHLUMBERGER LTD.		2013-02-05	2015-08-05
	24. NATIONAL-OILWELL INC		2013-03-22	2015-08-06
	24. SCHLUMBERGER LTD.		2013-02-05	2015-08-06
	3. SCHLUMBERGER LTD.		2013-02-05	2015-08-07
	2. NATIONAL-OILWELL INC		2013-03-22	2015-08-10
	25. SCHLUMBERGER LTD.		2013-04-16	2015-08-10
	45. NATIONAL-OILWELL INC		2013-04-16	2015-08-12
	5. WHOLE FOODS MARKET INC		2014-02-18	2015-08-12
	3. WHOLE FOODS MARKET INC		2014-02-18	2015-08-14
	7. WHOLE FOODS MARKET INC		2014-02-18	2015-08-17
	7. WHOLE FOODS MARKET INC		2014-01-27	2015-08-18
	13. WHOLE FOODS MARKET INC		2014-02-13	2015-08-19
	18. NATIONAL-OILWELL INC		2013-04-16	2015-08-20
	17. NATIONAL-OILWELL INC		2013-04-16	2015-08-21
	12. EXPRESS SCRIPTS HLDG CO		2013-08-30	2015-08-24
	11. GILEAD SCIENCES INC.		2013-12-16	2015-08-24
	11. NATIONAL-OILWELL INC		2013-04-16	2015-08-24
	43. WHOLE FOODS MARKET INC		2014-04-24	2015-08-24
	2. AMAZON.COM INC		2015-02-04	2015-08-25
	11. GILEAD SCIENCES INC.		2013-12-16	2015-08-25
	18. NATIONAL-OILWELL INC		2013-04-16	2015-08-25
	4. NATIONAL-OILWELL INC		2015-02-06	2015-08-25
	9. WHOLE FOODS MARKET INC		2013-05-07	2015-08-25
	32. GILEAD SCIENCES INC.		2013-12-16	2015-08-26
	56. NATIONAL-OILWELL INC		2015-02-06	2015-08-26
	50. WHOLE FOODS MARKET INC		2013-05-07	2015-08-26
	6. GILEAD SCIENCES INC.		2013-12-12	2015-08-27
	13. WHOLE FOODS MARKET INC		2013-05-02	2015-08-27
	3. GILEAD SCIENCES INC.		2013-12-12	2015-08-28
	21. COPA HOLDINGS SA		2015-04-02	2015-08-28
	3. GILEAD SCIENCES INC.		2013-11-18	2015-08-31
	11. WHOLE FOODS MARKET INC		2013-05-02	2015-08-31
	9. COPA HOLDINGS SA		2015-04-02	2015-08-31
	8. GILEAD SCIENCES INC.		2013-11-18	2015-09-01
	4. WHOLE FOODS MARKET INC		2014-10-31	2015-09-01
	10. WHOLE FOODS MARKET INC		2013-05-01	2015-09-01
	14. GILEAD SCIENCES INC.		2013-11-15	2015-09-02
	14. WHOLE FOODS MARKET INC		2014-10-31	2015-09-02
	6. COPA HOLDINGS SA		2015-04-02	2015-09-02
	15. GILEAD SCIENCES INC.		2013-11-13	2015-09-03
	2. WHOLE FOODS MARKET INC		2014-05-07	2015-09-03
	6. WHOLE FOODS MARKET INC		2014-10-30	2015-09-03
	25. COPA HOLDINGS SA		2015-04-02	2015-09-03
	17. WHOLE FOODS MARKET INC		2014-05-07	2015-09-08
	10. WHOLE FOODS MARKET INC		2014-05-07	2015-09-09
	13. WHOLE FOODS MARKET INC		2014-05-07	2015-09-09
	20. COPA HOLDINGS SA		2015-04-02	2015-09-11
	21. COPA HOLDINGS SA		2015-04-02	2015-09-15
	11. COPA HOLDINGS SA		2015-06-23	2015-09-16
	49. COPA HOLDINGS SA		2015-06-23	2015-09-17
	8. COPA HOLDINGS SA		2015-06-23	2015-09-18
	13. CHARLES SCHWAB CORP.		2013-08-30	2015-09-23
	21. COPA HOLDINGS SA		2015-06-09	2015-09-23
	2. AMAZON.COM INC		2015-02-04	2015-09-24
	23. CHARLES SCHWAB CORP.		2013-08-30	2015-09-25
	5. APPLE COMPUTER INC.		2013-02-05	2015-10-06
	1. STERICYCLE INC		2014-10-01	2015-10-06
	5. DANAHER CORP		2013-08-30	2015-10-07
	3. STERICYCLE INC		2014-10-01	2015-10-07
	4. DANAHER CORP		2013-08-30	2015-10-08
	4. STERICYCLE INC		2013-08-30	2015-10-08
	11. STARBUCKS CORP.		2013-08-30	2015-10-13
	10. STARBUCKS CORP.		2013-08-30	2015-10-14
	2. AMAZON.COM INC		2015-01-26	2015-10-27
	4. FASTENAL CO		2014-03-03	2015-10-28
	5. FASTENAL CO		2014-02-27	2015-10-29
	3. FASTENAL CO		2014-02-27	2015-10-29
	2. AMAZON.COM INC		2015-01-27	2015-10-30
	5. FASTENAL CO		2014-09-19	2015-10-30
	6. FASTENAL CO		2014-02-27	2015-10-30
	7. MASTERCARD INC		2015-06-23	2015-10-30
	20. STARBUCKS CORP.		2013-08-30	2015-10-30
	5. FASTENAL CO		2014-09-19	2015-11-02
	8. FASTENAL CO		2014-09-19	2015-11-02
	8. MASTERCARD INC		2015-06-23	2015-11-02
	17. CHARLES SCHWAB CORP.		2013-08-30	2015-11-03
	35. VISA INC		2015-06-23	2015-11-03
	13. CHARLES SCHWAB CORP.		2013-08-30	2015-11-04
	44. CHARLES SCHWAB CORP.		2013-08-30	2015-11-05
	13. CHARLES SCHWAB CORP.		2013-08-30	2015-11-05
	1. COLFAX CORP		2014-11-30	2015-11-12
	1. COLFAX CORP		2014-10-31	2015-11-13
	1. COLFAX CORP		2014-11-30	2015-11-13
	8. COLFAX CORP		2014-12-19	2015-11-16
	6. COLFAX CORP		2015-01-05	2015-11-18
	6. COLFAX CORP		2015-03-10	2015-11-19
	23. COLFAX CORP		2015-03-10	2015-11-20
	26. INTERNATIONAL BUSINESS MACHINES CORP.		2015-06-23	2015-11-20
	1. COLFAX CORP		2014-12-16	2015-11-23
	6. COLFAX CORP		2014-12-16	2015-11-24
	1. COLFAX CORP		2014-12-16	2015-11-25
	8. COLFAX CORP		2014-12-16	2015-11-30
	5. COLFAX CORP		2014-12-16	2015-12-01
	5. COLFAX CORP		2015-03-13	2015-12-02
	9. COLFAX CORP		2015-01-08	2015-12-03
	1. COLFAX CORP		2015-01-08	2015-12-04
	4. COLFAX CORP		2015-03-25	2015-12-14
	2. AMAZON.COM INC		2015-01-28	2015-12-15
	1. COLFAX CORP		2015-03-25	2015-12-15
	14. COLFAX CORP		2015-03-25	2015-12-16
	2. ALPHABET INC CL A		2015-06-23	2015-12-17
	12. ANTHEM INC		2015-06-23	2015-12-17
	1. COLFAX CORP		2015-01-09	2015-12-17
	10. DAVITA INC		2013-02-05	2015-12-17
	10. EXPRESS SCRIPTS HLDG CO		2013-08-30	2015-12-17
	3. FMC TECHNOLOGIES INC		2013-08-30	2015-12-17
	4. ANTHEM INC		2015-06-23	2015-12-18
	2. COLFAX CORP		2015-01-09	2015-12-18
	1. COLFAX CORP		2015-01-09	2015-12-18
	7. FMC TECHNOLOGIES INC		2013-08-30	2015-12-18
	4. ANTHEM INC		2015-06-23	2015-12-21
	10. COLFAX CORP		2015-03-26	2015-12-21
	11. FMC TECHNOLOGIES INC		2013-08-30	2015-12-21
	1. INTUITIVE SURGICAL INC		2013-02-05	2015-12-21
	11. APPLE COMPUTER INC.		2013-02-05	2015-12-22
	5. COLFAX CORP		2014-12-12	2015-12-22
	7. COLFAX CORP		2015-03-18	2015-12-22
	7. FMC TECHNOLOGIES INC		2013-08-30	2015-12-22
	2. INTUITIVE SURGICAL INC		2013-02-05	2015-12-22
	10676.157 BROWN ADVISORY EMG MKTS-INS		2013-03-22	2015-12-23
	17094.017 BROWN ADV INTERMED INCOME-IV		2013-02-05	2015-12-23
	2. COLFAX CORP		2015-04-08	2015-12-23
	10. COLFAX CORP		2015-04-08	2015-12-23
	16. FMC TECHNOLOGIES INC		2013-08-30	2015-12-23
	3. COLFAX CORP		2015-04-08	2015-12-29
	4. FMC TECHNOLOGIES INC		2013-08-30	2015-12-29
	11. COLFAX CORP		2014-12-17	2015-12-30
	6. COLFAX CORP		2015-02-10	2015-12-30
	7. FMC TECHNOLOGIES INC		2013-08-30	2015-12-30
	3. COLFAX CORP		2015-02-10	2015-12-31
	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	220	208	12
b	1,184	1,072	112
c	1,665	1,444	221
d	1,259	1,139	120
e	523	406	117
	215	208	7
	954	871	83
	524	406	118
	105	104	1
	666	603	63
	423	274	149
	314	311	3
	713	524	189
	1,426	1,056	370
	970	871	99
	424	274	150
	620	623	-3
	78	47	31
	2,573	1,652	921
	106	68	38
	103	104	-1
	15,978	13,718	2,260
	2,445	2,511	-66
	106	68	38
	1,451	1,469	-18
	439	451	-12
	424	274	150
	898	1,275	-377
	290	417	-127
	508	810	-302
	635	411	224
	118	169	-51
	172	248	-76
	200	319	-119
	3,852	5,345	-1,493
	657	947	-290
	4,980	4,592	388
	1,001	1,587	-586
	141	205	-64
	196	208	-12
	614	910	-296
	314	451	-137
	298	311	-13
	953	1,365	-412
	9,783	8,295	1,488
	10,576	8,862	1,714
	404	573	-169
	603	623	-20
	932	871	61
	107	152	-45
	259	367	-108
	1,005	1,409	-404
	204	278	-74
	495	519	-24
	1,811	1,675	136
	216	303	-87
	1,941	2,591	-650
	301	311	-10
	108	152	-44
	1,173	676	497
	101	104	-3
	302	455	-153
	402	415	-13
	1,622	2,617	-995
	1,765	2,265	-500
	1,020	1,460	-440
	786	830	-44
	774	1,062	-288
	1,172	753	419
	1,458	1,466	-8
	946	1,195	-249
	747	479	268
	1,336	1,060	276
	535	424	111
	631	797	-166
	426	274	152
	863	1,062	-199
	319	205	114
	462	683	-221
	3,720	2,947	773
	2,076	1,776	300
	106	68	38
	311	430	-119
	427	620	-193
	766	583	183
	404	398	6
	319	205	114
	503	699	-196
	2,048	1,553	495
	1,047	994	53
	320	205	115
	214	137	77
	107	68	39
	778	729	49
	883	852	31
	1,603	1,027	576
	424	398	26
	496	464	32
	1,891	1,364	527
	2,164	1,686	478
	1,623	1,254	369
	264	190	74
	287	265	22
	2,877	2,517	360
	1,700	1,591	109
	2,125	1,617	508
	1,207	1,127	80
	2,417	2,209	208
	2,100	1,386	714
	223	239	-16
	600	653	-53
	433	450	-17
	897	671	226
	1,002	730	272
	709	720	-11
	434	423	11
	202	149	53
	101	75	26
	100	75	25
	119	97	22
	304	223	81
	243	256	-13
	892	892
	243	256	-13
	95	77	18
	613	446	167
	1,316	1,298	18
	166	135	31
	95	77	18
	2,309	1,700	609
	2,280	1,695	585
	10,261	9,016	1,245
	70	58	12
	3,216	2,878	338
	2,448	1,552	896
	1,771	1,269	502
	8,591	6,460	2,131
	633	487	146
	4,397	3,109	1,288
	6,339	4,662	1,677
	1,322	957	365
	4,634	3,077	1,557
	23	19	4
	90	77	13
	23	19	4
	23	19	4
	22	19	3
	112	97	15
	887	782	105
	1,558	1,372	186
	90	77	13
	3,975	1,951	2,024
	822	722	100
	1,149	989	160
	22	19	3
	407	298	109
	840	638	202
	615	446	169
	572	410	162
	1,009	766	243
	505	372	133
	23	19	4
	247	174	73
	930	667	263
	69	58	11
	82	58	24
	81	58	23
	980	696	284
	69	58	11
	381	318	63
	281	180	101
	1,541	1,230	311
	1,707	1,047	660
	2,691	2,071	620
	2,738	2,698	40
	254	207	47
	350	225	125
	1,833	1,711	122
	4,968	4,761	207
	2,800	2,310	490
	296	281	15
	1,686	1,872	-186
	1,686	1,847	-161
	5,029	5,859	-830
	97	111	-14
	349	285	64
	382	310	72
	1,009	1,154	-145
	329	369	-40
	988	1,097	-109
	397	337	60
	882	761	121
	1,148	972	176
	883	748	135
	1,694	1,823	-129
	4,337	4,683	-346
	93	76	17
	773	393	380
	1,050	656	394
	626	406	220
	210	135	75
	685	899	-214
	692	899	-207
	490	634	-144
	3,064	2,810	254
	2,327	1,557	770
	1,269	1,176	93
	2,431	1,245	1,186
	133	137	-4
	1,865	1,892	-27
	2,340	2,064	276
	1,234	1,355	-121
	380	413	-33
	2,493	1,903	590
	1,875	1,333	542
	1,526	1,220	306
	3,046	2,170	876
	926	1,183	-257
	589	753	-164
	2,484	2,563	-79
	1,822	1,994	-172
	1,815	1,083	732
	1,111	850	261
	1,074	847	227
	2,478	2,886	-408
	2,560	1,984	576
	1,929	1,602	327
	1,067	998	69
	1,061	1,156	-95
	2,422	1,570	852
	1,686	1,541	145
	3,100	2,071	1,029
	3,087	2,014	1,073
	2,615	2,301	314
	27,800	21,493	6,307
	1,718	1,505	213
	556	357	199
	3,057	1,953	1,104
	370	476	-106
	1,104	1,427	-323
	1,469	1,312	157
	2,105	1,994	111
	205	264	-59
	787	1,005	-218
	32,990	27,384	5,606
	17,371	16,867	504
	4,325	2,211	2,114
	2,530	2,437	93
	19,329	19,101	228
	30,499	22,513	7,986
	12,870	12,610	260
	11,420	12,635	-1,215
	20,840	13,945	6,895
	16,254	14,913	1,341
	10,482	10,621	-139
	3,454	2,734	720
	21,432	17,196	4,236
	15,032	14,800	232
	37,762	20,624	17,138
	5,221	4,465	756
	11,209	9,498	1,711
	16,868	25,042	-8,174
	8,104	11,083	-2,979
	5,521	4,438	1,083
	13,279	8,797	4,482
	7,341	10,364	-3,023
	11,053	11,076	-23
	1,658	1,723	-65
	31,066	22,483	8,583
	23,516	16,488	7,028
	1,978	2,379	-401
	12,697	17,264	-4,567
	18,788	14,500	4,288
	16,510	15,585	925
	19,503	17,626	1,877
	19,432	19,556	-124
	5,152	5,353	-201
	3,948	4,296	-348
	18,028	15,238	2,790
	2,569	2,247	322
	26,137	26,847	-710
	2,051	1,191	860
	19,952	23,983	-4,031
	33,634	22,532	11,102
	9,560	7,169	2,391
	27,089	23,972	3,117
	14,774	14,653	121
	14,115	14,786	-671
	6,888	11,338	-4,450
	7,367	17,901	-10,534
	14,335	11,352	2,983
	15,510	15,912	-402
	20,052	12,084	7,968
	246	317	-71
	246	316	-70
	699	491	208
	278	196	82
	411	525	-114
	359	267	92
	166	209	-43
	448	327	121
	1,284	1,262	22
	333	416	-83
	756	730	26
	1,413	1,388	25
	756	730	26
	505	487	18
	2,828	2,254	574
	2,088	1,977	111
	1,875	1,769	106
	2,613	2,515	98
	1,598	1,098	500
	1,067	1,042	25
	502	481	21
	1,779	2,555	-776
	247	241	6
	659	641	18
	732	1,103	-371
	744	722	22
	975	1,470	-495
	1,998	1,924	74
	249	241	8
	82	123	-41
	2,103	1,934	169
	1,850	2,740	-890
	170	258	-88
	100	155	-55
	234	360	-126
	234	358	-124
	427	662	-235
	706	1,076	-370
	640	1,016	-376
	988	766	222
	1,109	787	322
	418	658	-240
	1,362	2,105	-743
	964	732	232
	1,164	787	377
	687	1,076	-389
	153	199	-46
	293	414	-121
	3,366	2,276	1,090
	2,173	2,792	-619
	1,601	2,291	-690
	646	424	222
	431	587	-156
	322	212	110
	1,092	2,059	-967
	317	210	107
	361	491	-130
	468	883	-415
	823	557	266
	129	157	-28
	323	443	-120
	1,434	965	469
	451	550	-99
	300	588	-288
	1,547	1,020	527
	65	77	-12
	195	232	-37
	1,231	2,451	-1,220
	552	652	-100
	327	383	-56
	420	498	-78
	899	1,961	-1,062
	963	2,059	-1,096
	504	969	-465
	2,312	4,269	-1,957
	383	694	-311
	370	273	97
	936	1,820	-884
	1,067	678	389
	655	483	172
	557	328	229
	143	116	27
	441	328	113
	433	345	88
	354	262	92
	580	449	131
	663	389	274
	592	353	239
	1,223	619	604
	156	185	-29
	195	232	-37
	117	139	-22
	1,256	612	644
	196	232	-36
	235	278	-43
	695	672	23
	1,254	707	547
	196	232	-36
	314	370	-56
	795	768	27
	537	357	180
	2,732	2,428	304
	411	273	138
	1,391	924	467
	411	273	138
	27	27
	26	58	-32
	26	56	-30
	212	433	-221
	158	301	-143
	159	299	-140
	621	1,120	-499
	3,596	4,395	-799
	27	48	-21
	163	290	-127
	27	48	-21
	217	386	-169
	135	242	-107
	136	241	-105
	242	431	-189
	28	48	-20
	95	191	-96
	1,329	612	717
	23	48	-25
	330	668	-338
	1,542	1,127	415
	1,676	2,034	-358
	24	48	-24
	682	580	102
	870	638	232
	88	161	-73
	558	678	-120
	44	95	-51
	22	48	-26
	200	376	-176
	559	678	-119
	222	477	-255
	315	591	-276
	536	577	-41
	1,179	721	458
	113	236	-123
	158	329	-171
	203	376	-173
	1,082	1,154	-72
	90,000	105,947	-15,947
	180,000	190,256	-10,256
	48	94	-46
	236	468	-232
	472	860	-388
	69	140	-71
	117	215	-98
	258	512	-254
	141	277	-136
	205	376	-171
	71	138	-67
			55,061

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			12
b			112
c			221
d			120
e			117
			7
			83
			118
			1
			63
			149
			3
			189
			370
			99
			150
			-3
			31
			921
			38
			-1
			2,260
			-66
			38
			-18
			-12
			150
			-377
			-127
			-302
			224
			-51
			-76
			-119
			-1,493
			-290
			388
			-586
			-64
			-12
			-296
			-137
			-13
			-412
			1,488
			1,714
			-169
			-20
			61
			-45
			-108
			-404
			-74
			-24
			136
			-87
			-650
			-10
			-44
			497
			-3
			-153
			-13
			-995
			-500
			-440
			-44
			-288
			419
			-8
			-249
			268
			276
			111
			-166
			152
			-199
			114
			-221
			773
			300
			38
			-119
			-193
			183
			6
			114
			-196
			495
			53
			115
			77
			39
			49
			31
			576
			26
			32
			527
			478
			369
			74
			22
			360
			109
			508
			80
			208
			714
			-16
			-53
			-17
			226
			272
			-11
			11
			53
			26
			25
			22
			81
			-13

			-13
			18
			167
			18
			31
			18
			609
			585
			1,245
			12
			338
			896
			502
			2,131
			146
			1,288
			1,677
			365
			1,557
			4
			13
			4
			4
			3
			15
			105
			186
			13
			2,024
			100
			160
			3
			109
			202
			169
			162
			243
			133
			4
			73
			263
			11
			24
			23
			284
			11
			63
			101
			311
			660
			620
			40
			47
			125
			122
			207
			490
			15
			-186
			-161
			-830
			-14
			64
			72
			-145
			-40
			-109
			60
			121
			176
			135
			-129
			-346
			17
			380
			394
			220
			75
			-214
			-207
			-144
			254
			770
			93
			1,186
			-4
			-27
			276
			-121
			-33
			590
			542
			306
			876
			-257
			-164
			-79
			-172
			732
			261
			227
			-408
			576
			327
			69
			-95
			852
			145
			1,029
			1,073
			314
			6,307
			213
			199
			1,104
			-106
			-323
			157
			111
			-59
			-218
			5,606
			504
			2,114
			93
			228
			7,986
			260
			-1,215
			6,895
			1,341
			-139
			720
			4,236
			232
			17,138
			756
			1,711
			-8,174
			-2,979
			1,083
			4,482
			-3,023
			-23
			-65
			8,583
			7,028
			-401
			-4,567
			4,288
			925
			1,877
			-124
			-201
			-348
			2,790
			322
			-710
			860
			-4,031
			11,102
			2,391
			3,117
			121
			-671
			-4,450
			-10,534
			2,983
			-402
			7,968
			-71
			-70
			208
			82
			-114
			92
			-43
			121
			22
			-83
			26
			25
			26
			18
			574
			111
			106
			98
			500
			25
			21
			-776
			6
			18
			-371
			22
			-495
			74
			8
			-41
			169
			-890
			-88
			-55
			-126
			-124
			-235
			-370
			-376
			222
			322
			-240
			-743
			232
			377
			-389
			-46
			-121
			1,090
			-619
			-690
			222
			-156
			110
			-967
			107
			-130
			-415
			266
			-28
			-120
			469
			-99
			-288
			527
			-12
			-37
			-1,220
			-100
			-56
			-78
			-1,062
			-1,096
			-465
			-1,957
			-311
			97
			-884
			389
			172
			229
			27
			113
			88
			92
			131
			274
			239
			604
			-29
			-37
			-22
			644
			-36
			-43
			23
			547
			-36
			-56
			27
			180
			304
			138
			467
			138

			-32
			-30
			-221
			-143
			-140
			-499
			-799
			-21
			-127
			-21
			-169
			-107
			-105
			-189
			-20
			-96
			717
			-25
			-338
			415
			-358
			-24
			102
			232
			-73
			-120
			-51
			-26
			-176
			-119
			-255
			-276
			-41
			458
			-123
			-171
			-173
			-72
			-15,947
			-10,256
			-46
			-232
			-388
			-71
			-98
			-254
			-136
			-171
			-67

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	129,100
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	170,528	4,665,885	0.036548
2013	46,250	4,399,624	0.010512
2012
2011
2010

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

20.04706

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 . . .

0.02353

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

4,674,852

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

109,999

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

1,660

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

111,659

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

232,140

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	1,660
	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	1,660
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	1,660
6	Credits/Payments:

a	2015 estimated tax payments and 2014 overpayment credited to 2015	6a	1,076
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	1,076
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	584
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax0	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

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

or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?

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

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

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

Yes

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

BROWN ADVISORY Telephone no. bullet

(410) 537-5452

Located at bullet

901 S BOND STREET SUITE 400BALTIMOREMD ZIP+4 bullet

21231

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-)
PETER H S WOOD	TRUSTEE 3	12,000
PO BOX 1138 MIDDLEBURG,VA20118	TRUSTEE 3	12,000
WENDY WOOD	TRUSTEE 3	12,000
5 ORCHARD PASS MT DESERT,ME04660	TRUSTEE 3	12,000

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Form 990-PF (2015)

Page 8

Part X

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

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

purposes:

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

4,496,664

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

249,379

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

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

4,746,043

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

4,746,043

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

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

71,191

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

4,674,852

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

233,743

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

233,743

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

1,660

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

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

1,660

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

232,083

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

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

232,083

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

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

232,083

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 ..........

232,140

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

232,140

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

1,660

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

230,480

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					232,083
2 Undistributed income, if any, as of the end of 2015:
a Enter amount for 2014 only.......				232,138
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: $ 232,140
a Applied to 2014, but not more than line 2a				232,138
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.....					2
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 ..........					232,081
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 email address of the person to whom applications should be addressed:

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

cAny submission deadlines:

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

Form 990-PF (2015)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ISLAND INSTITUTE PO BOX 648 386 MAIN STR ROCKLAND,ME04841	NONE	PUBLIC CHARITY	GENERAL	5,000
FRIENDS OF ACADIA 43 COTTAGE ST BAR HARBOR,ME04609	NONE	PUBLIC CHARITY	GENERAL	15,000
MAINE COAST HERITAGE TRUST 1 BOWDOIN MILL ISLAND STE 201 TOPSHAM,ME04086	NONE	PUBLIC CHARITY	GENERAL	2,500
STRATFORD HALL 483 GREAT HOUSE RD STRATFORD,VA22558	NONE	PUBLIC CHARITY	GENERAL	10,000
SARAH'S HOUSE P O BOX 931 BANGOR,ME04401	NONE	PUBLIC CHARITY	GENERAL	10,000
PERC INC ELBOW CAY LGHTHSE PRESERV 153 WEST SHORE RD GRAND ISLE,VT05458	NONE	PUBLIC CHARITY	GENERAL	20,000
AMERICAN DITCHLEY FDN 275 MADISON AVE 6TH FL NEW YORK,NY10016	NONE	PUBLIC CHARITY	GENERAL	5,000
THE SEEING EYE P O BOX 375 MORRISTOWN,NJ07963	NONE	PUBLIC CHARITY	GENERAL	10,000
NAVY SEAL FDN 1619 D STREET VIRGINIA BEACH,VA23459	NONE	PUBLIC CHARITY	GENERAL	10,000
HOLDERNESS SCHOOL 33 CHAPEL LANE HOLDERNESS,NH03245	NONE	PUBLIC CHARITY	GENERAL	10,000
BLUE RIDGE HOSPICE 333 WEST CORK ST WINCHESTER,VA22601	NONE	PUBLIC CHARITY	GENERAL	10,000
PIEDMONT ENVIRONMENTAL COUNCIL 45 HORNER ST WARRENTON,VA20186	NONE	PUBLIC CHARITY	GENERAL	10,000
UPPERVILLE VOLUNTEER FIRE CO 9167 JOHN S MOSBY HEY UPPERVILLE,VA20184	NONE	PUBLIC CHARITY	GENERAL	10,000
RED PANDA NETWORK 1859 POWELL ST STE 100 SAN FRANCISCO,CA94133	NONE	PUBLIC CHARITY	GENERAL	5,000
HURRICANE ISLAND FDN P O BOX 1280 ROCKLAND,ME04841	NONE	PUBLIC CHARITY	GENERAL	2,500
1932 CRITERION THEATRE 35 COTTAGE ST PO BOX 45 BAR HARBOR,ME04609	NONE	PUBLIC CHARITY	GENERAL	5,000
ACADIA FIRE FC INC P O BOX 420 MOUNT DESERT,ME04660	NONE	PUBLIC CHARITY	GENERAL	70,000
WETA 3939 CAMPBELL AVE ARLINGTON,VT22206	NONE	PUBLIC CHARITY	GENERAL	5,000
WENDALL GILLEY MUSEUM 4 HERRICK RD PO BOX 254 SOUTHWEST HARBOR,ME04679	NONE	PUBLIC CHARITY	GENERAL	1,570
SHANANDOAH NATIONAL PARK TRUST 404 EIGHTH ST NE STE D CHARLOTTESVILLE,VA22902	NONE	PUBLIC CHARITY	GENERAL	5,570
PIEDMONT CHILD CARE CTR 9121 JOHN S MOSBY HWY UPPERVILLE,VA20184	NONE	PUBLIC CHARITY	GENERAL	10,000
Total ................................. 3a				232,140

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	75,468
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	129,100
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aEXCISE TAX REFUND			18	56
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				204,624

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

13204,624

(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

Name of Stock	End of Year Book Value	End of Year Fair Market Value
COMMON STOCK	1,145,176	1,263,721
FOREIGN STOCK	109,443	120,631
EQUITY FUNDS	1,474,753	1,517,512

Category	Amount	Net Investment Income
FOREIGN TAXES	845	845
FOREIGN TAXES ON QUALIFIED FOR	695	695
FOREIGN TAXES ON NONQUALIFIED	216	216