TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

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

OMB No. 1545-0052

2014

Open to Public Inspection

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

Name of foundation
THE STARE FUND

Number and street (or P.O. box number if mail is not delivered to street address)ROPES GRAY 800 BOYLSTON ST Room/suite

City or town, state or province, country, and ZIP or foreign postal code
BOSTON, MA021993600

A Employer identification number

04-6026648

B Telephone number (see instructions)

(617) 951-7000

C If exemption application is pending, check here bullet

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

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

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

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

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

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

$9,766,667J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(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	6		6
4	Dividends and interest from securities......	177,281		181,471
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		481,913
b	Gross sales price for all assets on line 6a 3,779,139
7	Capital gain net income (from Part IV, line 2)...			485,547
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	659,200		667,024
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		49,345	35,622	13,723
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		4,200	1,497	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		70	0	70
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	53,615		37,119	13,793
25	Contributions, gifts, grants paid........	402,000			402,000
26	Total expenses and disbursements. Add lines 24 and 25	455,615		37,119	415,793
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	203,585
b	Net investment income (if negative, enter -0-)			629,905
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

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

Form 990-PF (2014)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	29,266	9,864	9,864
	2	Savings and temporary cash investments..........	2,420	18,197	18,197
	3	Accounts receivable
		Less: allowance for doubtful accounts
	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
	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)........	3,448,879	2,949,433	3,458,756
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	5,004,563	5,716,827	6,279,850
	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)	8,485,128	8,694,321	9,766,667
	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	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.........	8,485,128	8,694,321
	28	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	29	Retained earnings, accumulated income, endowment, or other funds	0	0
	30	Total net assets or fund balances (see instructions)......	8,485,128	8,694,321
	31	Total liabilities and net assets/fund balances (see instructions)..	8,485,128	8,694,321

Part III	Analysis of Changes in Net Assets or Fund Balances
1	Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
	with end-of-year figure reported on prior year’s return)...............	1	8,485,128
2	Enter amount from Part I, line 27a.....................	2	203,585
3	Other increases not included in line 2 (itemize)	3	5,608
4	Add lines 1, 2, and 3..........................	4	8,694,321
5	Decreases not included in line 2 (itemize)	5	0
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	8,694,321

Form 990-PF (2014)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	500 SHS BAKER HUGHES INC		2014-09-16	2014-12-15
b	148 SHS CALIFORNIA RESOURCES CORP		2014-01-15	2014-12-15
c	370 SHS OCCIDENTAL PETE CORP		2014-01-15	2014-12-15
d	20 SHS QUALCOMM INC		2014-08-20	2014-12-15
e	390 SHS QUALCOMM INC		2014-02-20	2014-12-15
	200 SHS AMEREN CORP		2014-04-24	2015-01-12
	340 SHS CBS CORP CL B		2013-07-31	2015-01-12
	220 SHS CABOT CORP		2014-07-24	2015-01-12
	10 SHS CABOT CORP		2014-07-28	2015-01-12
	120 SHS CABOT CORP		2014-09-17	2015-01-12
	280 SHS CITIGROUP INC		2013-11-19	2015-01-12
	430 SHS CITIGROUP INC		2013-12-12	2015-01-12
	170 SHS COCA COLA CO		2013-07-31	2015-01-12
	10 SHS COCA COLA CO		2013-10-18	2015-01-12
	10 SHS CABOT CORP		2013-08-01	2015-01-12
	10 SHS CABOT CORP		2014-09-12	2015-01-12
	280 SHS EQT CORPORATION		2013-11-19	2015-01-12
	270 HERSHEY CO		2013-07-31	2015-01-12
	220 SHS HEWLETT PACKARD CO		2013-07-31	2015-01-12
	110 SHS LOWES COS INC		2013-08-27	2015-01-12
	150 SHS MACY'S INC		2013-07-31	2015-01-12
	20 SHS MACY'S INC		2013-09-27	2015-01-12
	430 SHS MASCO CORP		2013-11-19	2015-01-12
	920 SHS MASCO CORP		2013-12-12	2015-01-12
	720 SHS MEDTRONIC INC		2013-07-31	2015-01-12
	335 SHS NORTHROP GRUMMAN CORPORATION		2013-07-31	2015-01-12
	1310 SHS ORACLE CORPORATION		2013-07-31	2015-01-12
	43 SHS PPG INDUSTRIES INC		2013-07-31	2015-01-12
	200 SHS SOUTHWEST AIRLINES CO		2014-05-28	2015-01-12
	90 SHS CABOT CORP		2014-09-16	2015-01-13
	120 SHS CABOT CORP		2014-09-17	2015-01-13
	300 SHS COGNIZANT TECHNOLOGY SOLUTIONS CORP		2014-06-18	2015-02-18
	400 SHS COGNIZANT TECHNOLOGY SOLUTIONS CORP		2014-08-20	2015-02-18
	40 SHS COGNIZANT TECHNOLOGY SOLUTIONS CORP		2014-05-26	2015-02-18
	130 SHS COVANCE INC		2013-11-19	2015-02-18
	80 SHS COVANCE INC		2013-12-12	2015-02-18
	75 SHS HOME DEPOT INC		2013-07-31	2015-02-18
	254 SHS KIRBY CORP		2014-01-15	2015-02-18
	370 SHS MASTERCARD INC-A		2013-07-31	2015-02-18
	260 SHS MONDELEZ INTERNATIONAL INC		2014-09-16	2015-02-18
	490 SHS MONDELEZ INTERNATIONAL INC		2014-04-24	2015-02-18
	170 SHS NETAPP INC		2013-08-27	2015-02-18
	420 SHS NETAPP INC		2013-09-27	2015-02-18
	130 SHS NETAPP INC		2013-10-18	2015-02-18
	80 SHS PHILLIPS 66		2014-10-17	2015-02-18
	63 SHS ALLERGAN INC		2013-07-31	2015-03-18
	90 SHS AETNA INC		2014-11-24	2015-03-24
	52 SHS ANTHEM INC		2013-11-19	2015-03-24
	650 SHS CONOCOPHILLIPS		2013-07-31	2015-03-24
	200 SHS CORRECTIONS CORP OF AMERICA REIT		2013-07-31	2015-03-24
	120 SHS EOG RES INC		2014-06-18	2015-03-24
	93 SHS HOME DEPOT INC		2013-07-31	2015-03-24
	410 SHS ORACLE CORPORATION		2013-07-31	2015-03-24
	390 SHS QUALCOMM INC		2014-02-20	2015-03-24
	80 SHS TESORO CORPORATION		2014-12-15	2015-03-24
	190 SHS WESTLAKE CHEMICAL CORP		2014-10-17	2015-03-24
	23 SHS ACTAVIS PLC		2015-03-17	2015-03-24
	320 SHS CORRECTIONS CORP OF AMERICA REIT		2013-07-31	2015-03-25
	.2029 SH ACTAVIS PLC		2015-03-17	2015-04-06
	100 SHS AT&T INC		2013-07-08	2015-04-23
	250 SHS AT&T INC		2013-07-31	2015-04-23
	21 SHS BIOGEN INC		2014-07-24	2015-04-23
	410 SHS DUKE ENERGY CORP		2014-03-24	2015-04-23
	630 SHS GENERAL ELECTRIC CO		2013-07-31	2015-04-23
	116 SHS IHS INC CL A		2014-11-24	2015-04-23
	201 SHS LOCKHEED MARTIN CORP		2014-03-24	2015-04-23
	47 SHS LOCKHEED MARTIN CORP		2014-07-24	2015-04-23
	120 SHS SANDISK CORP		2013-07-17	2015-04-23
	140 SHS VIACOM INC CL B		2015-01-12	2015-04-23
	220 SHS WESTLAKE CHEMICAL CORP		2014-10-17	2015-04-23
	.2388 SH GOOGLE INC-CL C		2013-04-19	2015-05-19
	1710 SHS AT&T INC		2013-07-31	2015-05-21
	50 SHS AT&T INC		2014-08-20	2015-05-21
	110 SHS ANSYS INC		2014-03-24	2015-05-21
	240 SHS CORRECTIONS CORP OF AMERICA REIT		2013-07-31	2015-05-21
	81 SHS IHS INC CL A		2014-11-24	2015-05-21
	200 SHS LAUDER ESTEE COS CL A		2014-11-25	2015-05-21
	250 SHS MONDELEZ INTERNATIONAL INC		2014-04-24	2015-05-21
	300 SHS MONDELEZ INTERNATIONAL INC		2014-10-17	2015-05-21
	470 SHS PILGRIM'S PRIDE		2015-01-12	2015-05-21
	80 SHS PILGRIM'S PRIDE		2015-02-18	2015-05-21
	140 SHS SPX CORP		2014-09-16	2015-05-21
	96 SHS SPX CORP		2014-09-17	2015-05-21
	100 SHS SANDISK CORP		2013-07-17	2015-05-21
	220 SHS TIMKEN CO		2015-01-13	2015-05-21
	120 SHS TIMKEN CO		2015-01-12	2015-05-21
	80 SHS BARD CR INC		2014-04-24	2015-06-23
	72 SHS BARD CR INC		2014-06-18	2015-06-23
	36 SHS BARD CR INC		2014-09-16	2015-06-23
	1620 SHS BOSTON SCIENTIFIC CORP		2014-05-28	2015-06-23
	370 SHS CELANESE CORP CL A		2015-03-25	2015-06-23
	130 SHS CELANESE CORP CL A		2015-03-24	2015-06-23
	94 SHS EOG RES INC		2014-01-15	2015-06-23
	177 SHS EOG RES INC		2014-06-18	2015-06-23
	1 SH IHS INC CL A		2014-11-24	2015-06-23
	53 SH IHS INC CL A		2014-11-25	2015-06-23
	110 SHS LILLY ELI & CO		2013-07-31	2015-06-23
	170 SHS PILGRIM'S PRIDE		2015-02-18	2015-06-23
	160 SHS PILGRIM'S PRIDE		2014-10-17	2015-06-23
	250 SHS WEYERHAEUSER CO		2015-04-23	2015-06-23
	340 SHS ROYAL CARIBBEAN CRUISES INC		2014-06-18	2015-06-23
	1750 SHS ALCOA INC		2015-04-23	2015-07-22
	100 SHS CELANESE CORP CL A		2015-03-24	2015-07-22
	104 SHS DISNEY WALT CO NEW		2009-09-24	2015-07-22
	90 SHS FACEBOOK INC-A		2014-02-20	2015-07-22
	140 SHS FACEBOOK INC-A		2014-06-18	2015-07-22
	70 SHS FACEBOOK INC-A		2014-08-20	2015-07-22
	400 SHS FACEBOOK INC-A		2014-05-28	2015-07-22
	170 SHS NATIONAL-OILWELL INC		2014-03-24	2015-07-22
	100 SHS NATIONAL-OILWELL INC		2015-01-12	2015-07-22
	60 SHS PHILLIPS 66		2013-07-31	2015-07-22
	30 SHS PHILLIPS 66		2014-10-17	2015-07-22
	860 SHSJ PROLOGIS INC REIT		2015-03-24	2015-07-22
	70 SHS TESORO CORPORATION		2014-12-15	2015-07-22
	200 SHS ROYAL CARIBBEAN CRUISES LTD		2014-06-18	2015-07-22
	70 SHS ABBOTT LABS		2013-07-31	2015-08-13
	130 SHS ABBVIE INC		2015-03-24	2015-08-13
	25 SHS AFFILIATED MANAGERS GROUP INC		2015-03-24	2015-08-13
	90 SHS ALCOA INC		2015-04-23	2015-08-13
	20 SHS ALLSTATE CORP		2015-07-22	2015-08-13
	170 SHS ALTRIA GROUP INC		2013-07-31	2015-08-13
	58 SHS AMGEN INC		2013-07-31	2015-08-13
	37 SHS ANTHEM INC		2013-11-19	2015-08-13
	6 SHS ANTHEM INC		2013-12-12	2015-08-13
	91 SHS APPLE INC		2015-04-23	2015-08-13
	88 SHS APPLE INC		2015-05-21	2015-08-13
	44 SHS APPLE INC		2015-02-18	2015-08-13
	120 SHS ARCHER DANIELS MIDLAND CO		2015-03-24	2015-08-13
	580 SHS BANK OF AMERICA CORP		2013-07-31	2015-08-13
	70 SHS BED BATH & BEYOND INC		2004-01-15	2015-08-13
	72 SHS BERKSHIRE HATHAWAY INC-CL B		2013-07-31	2015-08-13
	6 SHS BIOGEN INC		2014-07-24	2015-08-13
	140 SHS BOSTON SCIENTIFIC CORP		2014-05-28	2015-08-13
	20 SHS CIGNA CORP		2014-05-28	2015-08-13
	108 SHS CVS HEALTH CORP		2013-07-31	2015-08-13
	100 SHS CAMERON INTERNATIONAL CORP		2015-02-18	2015-08-13
	50 SHS CATERPILLAR INC		2014-05-28	2015-08-13
	7 SHS CELGENE CORP		2015-05-21	2015-08-13
	170 SHS CENTURYLINK INC		2015-01-12	2015-08-13
	30 SHS CHEVRON CORP		2013-07-31	2015-08-13
	40 SHS CITIGROUP INC		2013-12-12	2015-08-13
	100 SHS COMCAST CORP CL A		2013-07-31	2015-08-13
	70 SHS CONSOL ENERGY INC		2015-06-23	2015-08-13
	300 SHS CORNING INC		2014-08-20	2015-08-13
	11 SHS DST SYS INC DEL		2014-01-15	2015-08-13
	60 SHS DARDEN RESTAURANTS INC		2015-07-22	2015-08-13
	60 SHS DELTA AIR LINES INC		2015-04-23	2015-08-13
	70 SHS DENTSPLY INTERNATIONAL INC		2015-06-23	2015-08-13
	92 SHS DISNEY WALT CO NEW		2009-09-24	2015-08-13
	30 SHS DOLLAR GENERAL CORP		2015-01-12	2015-08-13
	50 SHS DOW CHEMICAL CO		2014-04-24	2015-08-13
	40 SHS EATON VANCE CORP		2015-07-22	2015-08-13
	37 SHS EDWARDS LIFESCIENCES CORP		2015-01-12	2015-08-13
	80 SHS ELECTRONIC ARTS INC		2015-02-18	2015-08-13
	70 SHS ENTERGY CORP		2014-06-18	2015-08-13
	200 SHS EXXON MOBIL CORP		2013-07-31	2015-08-13
	10 SHS FACEBOOK INC-A		2014-05-28	2015-08-13
	80 SHS FRANKLIN RESOURCES INC		2013-07-31	2015-08-13
	43 SHS GENERAL DYNAMICS CORP		2015-01-12	2015-08-13
	100 SHS GENERAL ELECTRIC CO		2013-07-31	2015-08-13
	160 SHS GENERAL GROWTH PROPERTIES INC REIT		2015-07-22	2015-08-13
	97 SHS GILEAD SCIENCES INC		2014-07-24	2015-08-13
	12 SHS GOOGLE INC - CL A		2013-04-19	2015-08-13
	12 SHS GOOGLE INC - CL A		2013-04-19	2015-08-13
	50 SHS HCA HOLDINGS INC		2015-06-23	2015-08-13
	190 SHS HEWLETT PACKARD CO		2013-07-31	2015-08-13
	62 SHS HOME DEPOT INC		2015-07-22	2015-08-13
	15 SHS HOME DEPOT INC		2013-07-31	2015-08-13
	10 SHS HONEYWELL INTERNATIONAL INC		2014-09-12	2015-08-13
	2 SHS HONEYWELL INTERNATIONAL INC		2013-09-27	2015-08-13
	230 SHS HOST HOTELS & RESORTS, ICN		2014-09-17	2015-08-13
	21 SHS HUNTINGTON INGALLS INDUSTRIES		2015-06-23	2015-08-13
	20 SHS ILLINOIS TOOL WKS INC		2015-04-23	2015-08-13
	80 SHS INTEL CORP		2013-12-12	2015-08-13
	48 SHS INTERNATIONAL BUSINESS MACHINES CORP		2013-07-31	2015-08-13
	20 SHS INTUIT		2013-07-31	2015-08-13
	180 SHS JP MORGAN CHASE & CO		2015-07-22	2015-08-13
	130 SHS JOHNSON & JOHNSON		2013-07-31	2015-08-13
	160 SHS KROGER CO		2014-01-15	2015-08-13
	20 SHS LAS VEGAS SANDS CORP		2014-05-26	2015-08-13
	60 SHS LAS VEGAS SANDS CORP		2014-06-18	2015-08-13
	40 SHS LAUDER ESTEE COS CL A		2014-11-25	2015-08-13
	20 SHS LINCOLN ELEC HLDGS INC		2015-04-23	2015-08-13
	120 SHS LOWES COS INC		2013-08-27	2015-08-13
	130 SHS MARATHON PETROLEUM CORPORATION		2013-07-31	2015-08-13
	110 SHS MERCK & CO INC		2015-01-12	2015-08-13
	50 SHS MERCK & CO INC		2014-08-20	2015-08-13
	12 SHS METTLER-TOLEDO INTERNATIONAL INC		2013-07-31	2015-08-13
	160 SHS MICROSOFT CORP		2014-09-16	2015-08-13
	100 SHS MICRON TECHNOLOGY INC		2014-01-15	2015-08-13
	43 SHS MONSTER BEVERAGE CORP		2014-07-24	2015-08-13
	3 SHS MOODYS CORP		2014-09-12	2015-08-13
	100 SHS THE MOSAIC COMPANY		2015-06-23	2015-08-13
	40 SHS NATIONAL-OILWELL NC		2015-01-12	2015-08-13
	50 SHS NAVIENT CORP		2013-07-31	2015-08-13
	57 SHS NEXTERA ENERGY INC		2015-02-18	2015-08-13
	50 SHS OLD DOMINION FREIGHT LINE INC		2015-05-21	2015-08-13
	100 SHS PEPSICO INC		2015-03-24	2015-08-13
	360 SHS PFIZER INC		2013-07-31	2015-08-13
	50 SHS PILGRIN'S PRIDE		2014-10-17	2015-08-13
	20 SHS POST PROPERTIES INC REIT		2015-03-24	2015-08-13
	70 SHS T ROWE PRICE GROUP INC		2014-07-24	2015-08-13
	60 SHS PROCTER & GAMBLE CO		2015-05-21	2015-08-13
	20 SHS PRUDENTIAL FINL INC		2014-10-17	2015-08-13
	60 SHS PUBLIC SERVICE ENTERPRISE GROUP INC		2015-04-23	2015-08-13
	28 SHS PUBLIC STORAGE INIC REIT		2013-07-31	2015-08-13
	20 SHS ROCKWELL AUTOMATION INC		2015-01-12	2015-08-13
	6 SHS SCHLUMBERGER LTD		2014-09-12	2015-08-13
	64 SHS SCHLUMBERGER LTD		2015-05-21	2015-08-13
	8 SHS SIMON PROPERTY GROUP INC		2013-07-31	2015-08-13
	160 SHS SOUTHWEST AIRLINES CO		2014-05-28	2015-08-13
	70 SHS SPIRIT AEROSYSTEMS HOLD		2015-05-21	2015-08-13
	80 SHS TARGET CORP		2015-07-22	2015-08-13
	50 SHS TAUBMAN STRS INC REIT		2014-09-17	2015-08-13
	20 SHS TELEFLEX INC		2015-01-12	2015-08-13
	65 SHS TESORO CORPORATION		2014-12-15	2015-08-13
	60 SHS TEXAS INSTRUMENTS INC		2015-07-22	2015-08-13
	120 SHS TEXTRON INC		2014-10-17	2015-08-13
	24 SHS 3M CO		2015-05-21	2015-08-13
	70 SHS TIME WARNER INC		2015-04-23	2015-08-13
	50 SHS TIMKEN CO		2015-01-12	2015-08-13
	52 SHS TRAVELERS COMPANIES INC		2013-07-31	2015-08-13
	200 SHS TWENTY-FIRST CENTURY FOX INC CL A		2015-01-12	2015-08-13
	70 SHS UNION PAC CORP		2015-01-12	2015-08-13
	100 SHS VALERO ENERGY CORP		2014-07-24	2015-08-13
	80 SHS VERISIGN INC		2015-02-18	2015-08-13
	200 SHS VERIZON COMMUNICATIONS		2013-07-31	2015-08-13
	140 SHS VISA INC CLASS A		2014-04-24	2015-08-13
	50 SHS WADDELL & REED FINL INC		2014-05-28	2015-08-13
	79.9996 SHS WAL MART STORES INC		2015-04-23	2015-08-13
	30.0004 SHS WAL MART STORES INC		2015-04-23	2015-08-13
	160 SHS WELLS FARGO & CO		2013-10-18	2015-08-13
	70 SHS WYNDHAM WORLDWIDE CORP		2013-07-31	2015-08-13
	30 SHS ZOETIS INC		2015-06-23	2015-08-13
	73 SHS ACCENTURE PLC CL A		2013-07-31	2015-08-13
	50 SHS BUNGE LIMITED		2015-05-21	2015-08-13
	70 SHS LYONDELLBASELL INDUSTRIES NV		2014-11-24	2015-08-13
	560 SHS ALCOA INC		2015-04-23	2015-08-31
	90 SHS CAMERON INTERNATIONAL CORP		2015-02-18	2015-08-31
	490 SHS CONSOL ENERGY INC		2015-06-23	2015-08-31
	60 SHS HCA HOLDINGS INC		2015-06-23	2015-08-31
	860 SHS MICRON TECHNOLOGY NC		2014-01-15	2015-08-31
	237 SHS MONSTER BEVERAGE CORP		2014-07-24	2015-08-31
	80 SHS ABBVIE INC		2015-03-24	2015-09-21
	80 SHS ABBVIE INC		2015-02-18	2015-09-21
	30 SHS CAMERON INTERNATIONAL CORP		2015-02-18	2015-09-21
	58 SHS EDWARDS LIFESCIENCES CORP		2015-01-12	2015-09-21
	100 SHS HEWLETT PACKARD CO		2015-07-31	2015-09-21
	190 SHS KROGER CO		2014-01-15	2015-09-21
	110 SHS LAS VEGAS SANDS CORP		2014-06-18	2015-09-21
	110 SHS MICRON TECHNOLOGY INC		2014-01-15	2015-09-21
	80 SHS NATIONAL-OILWELL INC		2015-01-12	2015-09-21
	39 SHS TELFLEX INC		2015-01-12	2015-09-21
	20 SHS ABBVIE INC		2013-10-18	2015-09-22
	300 SHS ABBVIE INC		2015-02-18	2015-09-22
	50 SHS ABBVIE INC		2013-07-31	2015-09-22
	70 SHS CAMERON INTERNATIONAL CORP		2015-02-18	2015-09-22
	136 SHS EDWARDS LIFESCIENCES CORP		2015-01-12	2015-09-22
	100 SHS HEWLETT PACKARD CO		2013-07-31	2015-09-22
	50 SHS HEWLETT PACKARD CO		2013-07-11	2015-09-22
	90 SHS HEWLETT PACKARD CO		2013-09-27	2015-09-22
	440 SHS KROGER CO		2014-01-15	2015-09-22
	150 SHS LAS VEGAS SANDS CORP		2011-08-11	2015-09-22
	70 SHS LAS VEGAS SANDS CORP		2014-06-18	2015-09-22
	50 SHS LAS VEGAS SANDS CORP		2014-08-20	2015-09-22
	270 SHS MICRON TECHNOLOGY INC		2014-01-15	2015-09-22
	200 SHS NATIONAL-OILWELL INC		2015-01-12	2015-09-22
	91 SHS TELEFLEX INC		2015-01-12	2012-09-22
	30 SHS ABBOTT LABS		2015-09-21	2015-10-16
	10 SHS ABBVIE INC		2013-07-31	2015-10-16
	4 SHS AFFILIATED MANAGERS GROUP INC		2015-03-24	2015-10-16
	10 SHS AGILENT TECHNOLOGIES INC		2015-09-21	2015-10-16
	20 SHS ALLSTATE CORP		2015-07-22	2015-10-16
	3 SHS ALPHABET INC CL C		2013-04-19	2015-10-16
	3 SHS ALPHABET INC CL A		2013-04-19	2015-10-16
	30 SHS ALTRIA GROUP INC		2013-07-31	2015-10-16
	1 SH AMAZON.COM INC		2015-09-21	2015-10-16
	12 SHS AMGEN INC		2013-07-31	2015-10-16
	9 SHS ANTHEM INC		2013-12-12	2015-10-16
	48 SHS APPLE INC		2015-02-18	2015-10-16
	30 SHS ARCHER DANIELS MIDLAND CO		2015-03-24	2015-10-16
	120 SHS BANK OF AMERICA CORP		2013-07-31	2015-10-16
	15 SHS BERKSHIRE HATHAWAY INC-CL B		2013-07-31	2015-10-16
	2 SHS BIOGEN INC		2014-07-24	2015-10-16
	40 SHS BOSTON SCIENTIFIC CORP		2014-05-28	2015-10-16
	7 SHS CIGNA CORP		2014-05-28	2015-10-16
	21 SHS CVS HEALTH CORP		2013-07-31	2015-10-16
	10 SHS CAMERON INTERNATIONAL CORP		2015-02-18	2015-10-16
	20 SHS CATERPILLAR INC		2015-05-28	2015-10-16
	2 SHS CELGENE CORP		2015-05-21	2015-10-16
	30 SHS CENTURYLINK INC		2015-01-12	2015-10-16
	10 SHS CITIGROUP INC		2013-12-12	2015-10-16
	30 SHS COMCAST CORP CL A		2013-07-31	2015-10-16
	50 SHS CORNING INC		2014-08-20	2015-10-16
	4 SHS DST SYS INC DEL		2014-01-15	2015-10-16
	20 SHS DARDEN RESTAURANTS INC		2015-07-22	2015-10-16
	30 SHS DELTA AIR LINES INC		2015-04-23	2015-10-16
	10 SHS DENTSFLY INTERNATIONAL NC		2015-06-23	2015-10-16
	19 SHS DISNEY WALT CO		2009-09-24	2015-10-16
	20 SHS DOW CHEMICAL CO		2014-04-24	2015-10-16
	3 SHS EDWARDS LIFESCIENCES CORP		2015-01-12	2015-10-16
	20 SHS ELECTRONIC ARTS INC		2015-02-18	2015-10-16
	30 SHS EXXON MOBIL CORP		2013-07-31	2015-10-16
	10 SHS FIRSTENERGY CORP		2015-09-22	2015-10-16
	30 SHS FRANKLIN RESOURCES INC		2013-07-31	2015-10-16
	8 SHS GENERAL DYNAMICS CORP		2015-01-12	2015-10-16
	20 SHS GENERAL ELECTRIC CO		2013-07-31	2015-10-16
	50 SHS GENERAL GROWTH PROPERTIES INC REIT		2015-07-22	2015-10-16
	21 SHS GILEAD SCIENCES INC		2014-07-24	2015-10-16
	10 SHS HCA HOLDINGS INC		2015-06-23	2015-10-16
	30 SHS HEWLETT PACKARD CO		2013-09-27	2015-10-16
	10 SHS HOLOGIC INC		2015-09-21	2015-10-16
	16 SHS HOME DEPOT INC		2013-07-31	2015-10-16
	8 SHS HONEYWELL INTERNATIONAL INC		2013-09-27	2015-10-16
	2 SHS HONEYWELL INTERNATIONAL INC		2013-07-31	2015-10-16
	70 SHS HOST HOTELS & RESORTS INC REIT		2014-09-17	2015-10-16
	5 SHS HUNTINGTON INGALLS INDUSTRIES		2015-06-23	2015-10-16
	20 SHS ILLINOIS TOOL WKS INC		2015-04-23	2015-10-16
	10 SHS INTEL CORP		2013-12-12	2015-10-16
	11 SHS INTERNATIONAL BUSINESS MACHINES CORP		2013-07-31	2015-10-16
	10 SHS INTUIT		2013-07-31	2015-10-16
	50 SHS JP MORGAN CHASE & CO		2015-07-22	2015-10-16
	30 SHS JOHNSON & JOHNSON		2013-07-31	2015-10-16
	10 SHS KROGER CO		2014-01-15	2015-10-16
	10 SHS LAUDER ESTEE COS CL A		2015-09-21	2015-10-16
	10 SHS LAUDER ESTEE COS CL A		2015-09-22	2015-10-16
	20 SHS LINCOLN ELEC HLDGS INC		2015-04-23	2015-10-16
	40 SHS LOWES COS INC		2013-08-27	2015-10-16
	20 SHS MARATHON PETROLEUM CORPORATION		2013-07-31	2015-10-16
	20 SHS MEAD JOHNSON NUTRITION CO		2015-08-31	2015-10-16
	30 SHS MERCK & CO INC		2014-12-21	2015-10-16
	4 SHS METTLER-TOLEDO INTERNATIONAL INC		2013-07-31	2015-10-16
	10 SHS MICROSOFT CORP		2014-09-16	2015-10-16
	40 SHS MICROSOFT CORP		2015-01-12	2015-10-16
	4 SHS MOODYS CORP		2014-09-12	2015-10-16
	20 SHS THE MOSAIC COMPANY		2015-06-23	2015-10-16
	10 SHS NAVIENT CORP		2013-07-31	2015-10-16
	14 SHS NEXTERA ENERGY INC		2015-02-18	2015-10-16
	20 SHS PEPSICO NC		2015-03-24	2015-10-16
	80 SHS PFIZER INC		2013-07-31	2015-10-16
	10 SHS POST PROPERTIES INC REIT		2015-03-24	2015-10-16
	20 SHS PROCTER & GAMBLE CO		2015-05-21	2015-10-16
	10 SHS PRUDENTIAL FINL INC		2014-10-17	2015-10-16
	10 SHS PUBLIC SERVICE ENTERPRISE GROUP INC		2015-04-23	2015-10-16
	6 SHS PUBLIC STORAGE INIC REIT		2013-07-31	2015-10-16
	5 SHS ROCKWELL AUTOMATION INC		2015-01-12	2015-10-16
	10 SHS SCHLUMBERGER LTD		2015-05-21	2015-10-16
	10 SHS SERVICEMASTER GLOBAL HOLDINGS		2015-08-31	2015-10-16
	1 SH SIMON PROPERTY GROUP INC		2013-07-31	2015-10-16
	40 SHS SOUTHWEST AIRLINES CO		2014-05-28	2015-10-16
	20 SHS TARGET CORP		2015-07-22	2015-10-16
	10 SHS TAUBMAN CTRS INC REIT		2014-09-17	2015-10-16
	14 SHS TESORO CORPORATION		2014-12-15	2015-10-16
	10 SHS TEXAS INSTRUMENTS INC		2015-07-22	2015-10-16
	40 SHS TEXTRON INC		2014-10-17	2015-10-16
	7 SHS 3M CO		2015-05-21	2015-10-16
	20 SHS TIMKEN CO		2015-01-12	2015-10-16
	14 SHS TRAVELERS COMPANIES INC		2013-07-31	2015-10-16
	30 SHS TWENTY-FIRST CENTURY FOX INC CL A		2015-01-12	2015-10-16
	20 SHS UNION PAC CORP		2015-01-12	2015-10-16
	10 SHS VALERO ENERGY CORP		2014-07-24	2015-10-16
	20 SHS VERISIGN INC		2015-02-18	2015-10-16
	30 SHS VERIZON COMMUNICATIONS		2013-07-31	2015-10-16
	30 SHS VISA INC-CLASS A		2014-04-24	2015-10-16
	10 SHS WADDELL & REED FINL INC		2014-05-28	2015-10-16
	20 SHS WAL MART STORES INC		2015-04-23	2015-10-16
	30 SHS WELLS FARGO & CO		2013-10-18	2015-10-16
	15 SHS ACCENTURE PLC CL A		2013-07-31	2015-10-16
	10 SHS BUNGE LIMITED		2015-05-21	2015-10-16
	20 SHS LYONDELLBASELL INDUSTRIES NV		2014-11-24	2015-10-16
	100 SHS ABBVIE INC		2013-07-31	2015-10-26
	150 SHS ABBVIE INC		2013-09-27	2015-10-26
	100 SHS CAMERON INTERNATIONAL CORP		2015-02-18	2015-10-26
	45 SHS CATERPILLAR INC		2014-05-28	2015-10-26
	300 SHS CATERPILLAR INC		2014-10-17	2015-10-26
	900 SHS CORNING INC		2014-08-20	2015-10-26
	34 SHS EDWARDS LIFESCIENCES CORP		2015-01-12	2015-10-26
	300 SHS ENTERGY CORP		2014-06-18	2015-10-26
	110 SHS ENTERGY CORP		2014-07-24	2015-10-26
	780 SHS HEWLETT PACKARD CO		2013-09-27	2015-10-26
	140 SHS HUNTINGTON INGALLS INDUSTRIES		2015-06-23	2015-10-26
	90 SHS MARATHON PETROLEUM CORPORATION		2013-07-31	2015-10-26
	370 SHS MEAD JOHNSON NUTRITION CO		2015-08-31	2015-10-26
	310 SHS NAVIENT CORP		2013-07-31	2015-10-26
	.6667 SH FOUR CORNERS PROPERTY TRUST INC REIT		2015-07-22	2015-11-20
	20 SHS ARCHER DANIELS MIDLAND CO		2013-11-19	2015-11-24
	430 SHS ARCHER DANIELS MIDLAND CO		2013-11-19	2015-11-24
	270 SHS ARCHER DANIELS MIDLAND CO		2013-12-12	2015-11-24
	32061.913 SHS BNY MELLON FOCUSED EQS OPP M		2014-09-14	2015-11-24
	6229.351 SHS BNY MELLON FOCUSED EQS OPP M		2014-12-04	2015-11-24
	20 SHS BOSTON SCIENTIFIC CORP		2014-05-28	2015-11-24
	790 SHS BOSTON SCIENTIFIC CORP		2014-05-28	2015-11-24
	90 SHS CAMERON INTERNATIONAL CORP		2015-02-18	2015-11-24
	17 SHS CHEVRON CORP		2013-07-31	2015-11-24
	72 SHS CHEVRON CORP		2013-07-31	2015-11-24
	85 SHS CHEVRON CORP		2015-04-23	2015-11-24
	20 SHS CORNING INC		2014-08-20	2015-11-24
	140 SHS CORNING INC		2014-08-20	2015-11-24
	470 SHS CORNING INC		2014-10-17	2015-11-24
	120 SHS EMERSON ELEC CO		2013-07-31	2015-11-24
	136 SHS FOUR CORNERS PROPERTY TRUST INC REIT		2015-07-22	2015-11-24
	90 SHS LINCOLN ELEC HLDGS INC		2015-04-23	2015-11-24
	130 SHS MARATHON PETROLEUM CORPORATION		2013-07-31	2015-11-24
	240 SHS PUBLIC SERVICE ENTERPRISE GROUP INC		2015-04-23	2015-11-24
	46 SHS TESORO CORPORATION		2014-12-15	2015-11-24
	360 SHS TEXTRON INC		2014-10-17	2015-11-24
	260 SHS TIMKEN CO		2015-01-12	2015-11-24
	310 SHS VERISIGN INC		2015-02-18	2015-11-24
	260 SHS TEXTRON INC		2014-10-17	2015-11-25
	20 SHS TIMKEN CO		2015-01-12	2015-11-25
	CAPITAL GAINS 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	27,742	34,072	-6,330
b	774	1,192	-418
c	27,568	32,990	-5,422
d	1,413	1,531	-118
e	27,551	29,641	-2,090
	8,950	8,249	701
	18,584	17,951	633
	9,287	12,793	-3,506
	422	592	-170
	5,066	6,669	-1,603
	14,066	14,339	-273
	21,602	21,945	-343
	7,236	6,849	387
	426	386	40
	426	407	19
	426	417	9
	20,318	23,651	-3,333
	28,494	25,531	2,963
	8,777	5,720	3,057
	7,478	5,106	2,372
	9,864	7,243	2,621
	1,315	875	440
	10,832	9,148	1,684
	23,175	19,850	3,325
	53,695	39,865	13,830
	50,679	30,749	19,930
	56,596	42,279	14,317
	9,725	6,903	2,822
	8,027	5,287	2,740
	3,784	4,973	-1,189
	5,045	6,669	-1,624
	18,254	14,693	3,561
	24,338	18,428	5,910
	2,434	2,004	430
	13,920	11,075	2,845
	8,566	6,780	1,786
	8,338	5,927	2,411
	20,180	25,329	-5,149
	32,351	23,008	9,343
	9,600	9,255	345
	18,093	17,324	769
	6,454	7,061	-607
	15,946	18,046	-2,100
	4,936	5,377	-441
	6,053	5,689	364
	15,255	5,820	9,435
	9,783	7,858	1,925
	8,181	4,773	3,408
	40,692	42,521	-1,829
	8,255	6,664	1,591
	10,678	13,581	-2,903
	10,835	7,349	3,486
	17,978	13,232	4,746
	26,976	29,641	-2,665
	7,204	6,098	1,106
	12,750	13,914	-1,164
	7,130	7,052	78
	13,069	10,663	2,406
	60	62	-2
	3,423	3,544	-121
	8,557	8,853	-296
	9,025	7,085	1,940
	32,358	28,458	3,900
	16,978	15,509	1,469
	14,377	14,947	-570
	39,755	31,837	7,918
	9,296	7,974	1,322
	8,269	7,480	789
	9,946	10,160	-214
	16,751	16,110	641
	129	94	35
	59,825	60,552	-727
	1,749	1,729	20
	9,925	8,150	1,775
	8,380	7,997	383
	9,964	10,437	-473
	17,792	14,727	3,065
	10,097	8,839	1,258
	12,116	9,789	2,327
	12,271	15,596	-3,325
	2,089	2,285	-196
	10,803	14,268	-3,465
	7,408	9,807	-2,399
	6,744	6,234	510
	8,913	9,138	-225
	4,861	4,945	-84
	13,821	10,902	2,919
	12,439	9,972	2,467
	6,219	5,303	916
	29,013	21,351	7,662
	26,542	20,675	5,867
	9,326	7,245	2,081
	8,274	8,137	137
	15,579	20,033	-4,454
	130	129	1
	6,895	6,821	74
	9,093	5,892	3,201
	4,332	4,855	-523
	4,077	4,488	-411
	8,051	7,986	65
	27,321	18,838	8,483
	17,549	23,129	-5,580
	6,559	5,573	986
	12,375	2,906	9,469
	8,694	6,158	2,536
	13,525	9,161	4,364
	6,762	5,231	1,531
	38,642	25,456	13,186
	7,225	11,371	-4,146
	4,250	5,856	-1,606
	4,937	3,537	1,400
	2,468	2,133	335
	34,415	38,331	-3,916
	6,979	5,336	1,643
	16,886	11,081	5,805
	3,499	2,589	910
	8,945	7,778	1,167
	5,117	5,439	-322
	837	1,189	-352
	1,275	1,361	-86
	9,435	6,023	3,412
	9,865	6,241	3,624
	5,548	3,396	2,152
	900	534	366
	10,570	11,821	-1,251
	10,221	11,561	-1,340
	5,111	5,632	-521
	5,710	5,688	22
	10,232	8,507	1,725
	4,486	4,706	-220
	10,233	8,384	1,849
	1,903	2,024	-121
	2,419	1,845	574
	2,881	1,797	1,084
	11,666	6,580	5,086
	5,022	4,845	177
	3,897	5,177	-1,280
	920	814	106
	4,774	6,578	-1,804
	2,574	3,779	-1,205
	2,302	2,041	261
	6,014	4,487	1,527
	901	1,660	-759
	5,376	6,234	-858
	1,168	1,005	163
	4,342	4,494	-152
	2,849	2,793	56
	4,004	3,713	291
	9,958	2,571	7,387
	2,384	2,026	358
	2,252	2,453	-201
	1,541	1,586	-45
	5,371	5,003	368
	5,896	4,596	1,300
	4,899	5,594	-695
	15,736	18,792	-3,056
	942	636	306
	3,498	3,498	0
	6,491	5,934	557
	2,587	2,462	125
	4,459	4,287	172
	11,288	8,813	2,475
	8,297	4,718	3,579
	7,952	4,717	3,235
	4,563	4,211	352
	5,429	4,940	489
	7,414	7,088	326
	1,794	1,185	609
	1,058	947	111
	212	167	45
	4,423	5,083	-660
	2,476	2,492	-16
	1,795	1,899	-104
	2,323	1,967	356
	7,475	7,475	0
	2,105	1,276	829
	12,190	12,539	-349
	12,829	12,153	676
	6,101	3,170	2,931
	1,064	1,605	-541
	3,193	4,465	-1,272
	3,594	2,945	649
	1,232	1,354	-122
	8,587	5,571	3,016
	7,435	4,752	2,683
	6,524	6,524	0
	2,966	2,966	0
	3,880	2,666	1,214
	7,522	7,492	30
	3,369	4,501	-1,132
	6,434	2,869	3,565
	331	286	45
	4,351	4,529	-178
	1,587	2,342	-755
	744	788	-44
	6,220	5,989	231
	3,642	3,582	60
	9,886	9,640	246
	12,806	10,628	2,178
	1,139	1,402	-263
	1,183	1,167	16
	5,340	5,634	-294
	4,551	4,823	-272
	1,790	1,615	175
	2,544	2,522	22
	5,964	4,457	1,507
	2,310	2,124	186
	505	617	-112
	5,385	5,926	-541
	1,528	1,204	324
	6,240	4,230	2,010
	3,910	3,772	138
	6,351	6,627	-276
	3,739	3,739	0
	2,649	2,222	427
	6,819	4,955	1,864
	3,050	2,917	133
	5,173	4,441	732
	3,548	3,892	-344
	5,573	5,974	-401
	1,642	2,060	-418
	5,588	4,357	1,231
	6,032	7,081	-1,049
	6,502	7,969	-1,467
	7,010	4,870	2,140
	5,670	5,017	653
	9,545	10,029	-484
	10,405	7,315	3,090
	2,197	3,076	-879
	5,792	5,792	0
	2,172	2,380	-208
	9,125	6,825	2,300
	5,643	4,361	1,282
	1,439	1,512	-73
	7,567	5,381	2,186
	3,839	4,594	-755
	6,241	6,337	-96
	5,276	7,401	-2,125
	5,991	4,361	1,630
	7,428	11,619	-4,191
	5,220	5,053	167
	14,031	20,372	-6,341
	32,662	15,811	16,851
	4,746	4,786	-40
	4,746	4,734	12
	1,922	1,454	468
	8,188	7,842	346
	2,641	2,600	41
	6,947	3,765	3,182
	4,906	8,186	-3,280
	1,726	2,606	-880
	2,984	4,685	-1,701
	5,262	4,332	930
	1,149	974	175
	17,236	17,752	-516
	2,873	2,273	600
	4,450	3,392	1,058
	19,081	18,389	692
	2,601	2,600	1
	1,301	1,220	81
	2,341	1,930	411
	15,840	8,719	7,121
	6,497	6,220	277
	3,032	5,209	-2,177
	2,166	3,459	-1,293
	4,098	6,396	-2,298
	7,409	11,711	-4,302
	12,113	10,109	2,004
	1,262	1,262	0
	563	455	108
	707	870	-163
	357	357	0
	1,223	1,361	-138
	1,981	1,179	802
	2,075	1,179	896
	1,764	1,063	701
	569	548	21
	1,827	1,291	536
	1,322	801	521
	5,327	6,145	-818
	1,376	1,422	-46
	1,938	1,760	178
	2,005	1,747	258
	544	675	-131
	682	527	155
	985	629	356
	2,169	1,279	890
	652	485	167
	1,393	2,071	-678
	235	233	2
	802	1,161	-359
	529	510	19
	1,835	1,346	489
	843	1,039	-196
	455	365	90
	1,304	1,498	-194
	1,471	1,396	75
	566	530	36
	2,053	531	1,522
	951	981	-30
	453	406	47
	1,431	1,149	282
	2,470	2,819	-349
	324	314	10
	1,153	1,465	-312
	1,134	1,104	30
	582	492	90
	1,360	1,340	20
	2,163	1,908	255
	727	842	-115
	862	643	219
	378	378	0
	1,960	1,264	696
	775	670	105
	194	166	28
	1,231	1,547	-316
	532	593	-61
	1,687	1,899	-212
	330	246	84
	1,651	2,160	-509
	938	638	300
	3,130	3,483	-353
	2,938	2,805	133
	374	198	176
	847	785	62
	847	777	70
	1,085	1,354	-269
	2,909	1,857	1,052
	1,020	731	289
	1,500	1,568	-68
	1,543	1,845	-302
	1,162	889	273
	474	468	6
	1,894	1,868	26
	402	381	21
	699	906	-207
	123	158	-35
	1,449	1,471	-22
	1,994	1,928	66
	2,745	2,362	383
	608	583	25
	1,499	1,499	0
	793	793	0
	435	420	15
	1,328	955	373
	521	531	-10
	741	926	-185
	337	353	-16
	199	151	48
	1,627	1,057	570
	1,503	1,657	-154
	765	748	17
	1,463	1,067	396
	526	486	40
	1,561	1,480	81
	1,039	1,135	-96
	573	824	-251
	1,479	1,173	306
	882	1,062	-180
	1,859	2,277	-418
	635	487	148
	1,493	1,254	239
	1,336	1,336	0
	2,272	1,567	705
	342	615	-273
	1,176	1,587	-411
	1,591	1,280	311
	1,541	1,106	435
	777	919	-142
	1,878	1,811	67
	5,172	4,547	625
	7,759	6,652	1,107
	6,720	4,845	1,875
	3,220	4,660	-1,440
	21,469	28,456	-6,987
	15,527	18,703	-3,176
	4,999	4,597	402
	20,533	23,973	-3,440
	7,529	8,396	-867
	21,875	16,723	5,152
	15,087	16,612	-1,525
	4,396	3,290	1,106
	29,446	29,005	441
	4,138	4,886	-748
	13	16	-3
	717	827	-110
	15,386	17,778	-2,392
	9,661	11,000	-1,339
	498,242	580,000	-81,758
	96,804	95,371	1,433
	368	264	104
	14,509	10,412	4,097
	6,214	4,361	1,853
	1,563	2,141	-578
	6,623	9,069	-2,446
	7,818	9,399	-1,581
	379	416	-37
	2,655	2,909	-254
	8,914	8,379	535
	6,001	7,325	-1,324
	2,669	3,317	-648
	5,072	6,091	-1,019
	7,441	4,752	2,689
	9,345	10,088	-743
	5,421	3,506	1,915
	15,586	13,323	2,263
	8,351	10,714	-2,363
	27,252	19,442	7,810
	11,229	9,622	1,607
	641	824	-183
	337,886		337,886

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			-6,330
b			-418
c			-5,422
d			-118
e			-2,090
			701
			633
			-3,506
			-170
			-1,603
			-273
			-343
			387
			40
			19
			9
			-3,333
			2,963
			3,057
			2,372
			2,621
			440
			1,684
			3,325
			13,830
			19,930
			14,317
			2,822
			2,740
			-1,189
			-1,624
			3,561
			5,910
			430
			2,845
			1,786
			2,411
			-5,149
			9,343
			345
			769
			-607
			-2,100
			-441
			364
			9,435
			1,925
			3,408
			-1,829
			1,591
			-2,903
			3,486
			4,746
			-2,665
			1,106
			-1,164
			78
			2,406
			-2
			-121
			-296
			1,940
			3,900
			1,469
			-570
			7,918
			1,322
			789
			-214
			641
			35
			-727
			20
			1,775
			383
			-473
			3,065
			1,258
			2,327
			-3,325
			-196
			-3,465
			-2,399
			510
			-225
			-84
			2,919
			2,467
			916
			7,662
			5,867
			2,081
			137
			-4,454
			1
			74
			3,201
			-523
			-411
			65
			8,483
			-5,580
			986
			9,469
			2,536
			4,364
			1,531
			13,186
			-4,146
			-1,606
			1,400
			335
			-3,916
			1,643
			5,805
			910
			1,167
			-322
			-352
			-86
			3,412
			3,624
			2,152
			366
			-1,251
			-1,340
			-521
			22
			1,725
			-220
			1,849
			-121
			574
			1,084
			5,086
			177
			-1,280
			106
			-1,804
			-1,205
			261
			1,527
			-759
			-858
			163
			-152
			56
			291
			7,387
			358
			-201
			-45
			368
			1,300
			-695
			-3,056
			306
			0
			557
			125
			172
			2,475
			3,579
			3,235
			352
			489
			326
			609
			111
			45
			-660
			-16
			-104
			356
			0
			829
			-349
			676
			2,931
			-541
			-1,272
			649
			-122
			3,016
			2,683
			0
			0
			1,214
			30
			-1,132
			3,565
			45
			-178
			-755
			-44
			231
			60
			246
			2,178
			-263
			16
			-294
			-272
			175
			22
			1,507
			186
			-112
			-541
			324
			2,010
			138
			-276
			0
			427
			1,864
			133
			732
			-344
			-401
			-418
			1,231
			-1,049
			-1,467
			2,140
			653
			-484
			3,090
			-879
			0
			-208
			2,300
			1,282
			-73
			2,186
			-755
			-96
			-2,125
			1,630
			-4,191
			167
			-6,341
			16,851
			-40
			12
			468
			346
			41
			3,182
			-3,280
			-880
			-1,701
			930
			175
			-516
			600
			1,058
			692
			1
			81
			411
			7,121
			277
			-2,177
			-1,293
			-2,298
			-4,302
			2,004
			0
			108
			-163
			0
			-138
			802
			896
			701
			21
			536
			521
			-818
			-46
			178
			258
			-131
			155
			356
			890
			167
			-678
			2
			-359
			19
			489
			-196
			90
			-194
			75
			36
			1,522
			-30
			47
			282
			-349
			10
			-312
			30
			90
			20
			255
			-115
			219
			0
			696
			105
			28
			-316
			-61
			-212
			84
			-509
			300
			-353
			133
			176
			62
			70
			-269
			1,052
			289
			-68
			-302
			273
			6
			26
			21
			-207
			-35
			-22
			66
			383
			25
			0
			0
			15
			373
			-10
			-185
			-16
			48
			570
			-154
			17
			396
			40
			81
			-96
			-251
			306
			-180
			-418
			148
			239
			0
			705
			-273
			-411
			311
			435
			-142
			67
			625
			1,107
			1,875
			-1,440
			-6,987
			-3,176
			402
			-3,440
			-867
			5,152
			-1,525
			1,106
			441
			-748
			-3
			-110
			-2,392
			-1,339
			-81,758
			1,433
			104
			4,097
			1,853
			-578
			-2,446
			-1,581
			-37
			-254
			535
			-1,324
			-648
			-1,019
			2,689
			-743
			1,915
			2,263
			-2,363
			7,810
			1,607
			-183
			337,886

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	485,547
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . . . .		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

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

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2013	482,861	9,870,793	0.048918
2012	445,410	9,125,170	0.048811
2011	424,824	8,546,730	0.049706
2010	406,729	8,852,616	0.045944
2009	340,783	8,070,266	0.042227

2	Total of line 1, column (d) ......................	2	0.235606
3	Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years. . .	3	0.047121
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4	9,970,893
5	Multiply line 4 by line 3.......................	5	469,838
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	6,299
7	Add lines 5 and 6.........................	7	476,137
8	Enter qualifying distributions from Part XII, line 4..............	8	415,793
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2014)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	12,598
	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	12,598
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	12,598
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a	17,719
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	17,719
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
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	5,121
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax5,121	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

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

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

Yes

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

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

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

Yes

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

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

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

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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

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

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement (see instructions).................

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

Yes

Website address bullet

N/A

The books are in care of bullet

ROPES GRAY LLP EDWARD J JOYCE E Telephone no. bullet

(617) 951-7000

Located at bullet

800 BOYLSTON ST 36TH FLBOSTONMA ZIP+4 bullet

021993600

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

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

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

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

16 No

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

Form 990-PF (2014)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........

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

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

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

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

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

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

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

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

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

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

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

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

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

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

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

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

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

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

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

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

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

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

Form 990-PF (2014)

Page 7

Part VIII

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

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
FREDRICK A STARE	TRUSTEE 0.10	0	0	0
C/O ROPES GRAY LLP 800 BOYLSTON ST BOSTON,MA021993600	TRUSTEE 0.10	0	0	0
MARY S WILKINSON	TRUSTEE 0.10	0	0	0
C/O ROPES GRAY LLP 800 BOYLSTON ST BOSTON,MA021993600	TRUSTEE 0.10	0	0	0
DAVID S STARE	TRUSTEE 0.10	0	0	0
C/O ROPES GRAY LLP 800 BOYLSTON ST BOSTON,MA021993600	TRUSTEE 0.10	0	0	0

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	THE STARE FUND MAKES GRANTS TO VARIOUS CHARITABLE ENTITIES THAT HAVE BEEN PRE-SELECTED BY THE TRUSTEES.	0
2


3


4

Form 990-PF (2014)

Page 8

Part IX-B

Summary of Program-Related Investments (see instructions)

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


2


All other program-related investments. See instructions.
3

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

Part X

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

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

purposes:

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

10,032,335

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

90,399

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

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

10,122,734

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

10,122,734

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

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

151,841

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

9,970,893

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

498,545

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

498,545

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

12,598

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

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

12,598

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

485,947

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

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

485,947

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

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

485,947

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 ..........

415,793

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

415,793

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see instructions).................

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

415,793

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

Form 990-PF (2014)

Page 9

Part XIII

Undistributed Income (see instructions)

	(a) Corpus	(b) Years prior to 2013	(c) 2013	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7				485,947
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......			395,683
b Total for prior years:20, 20, 20		0
3 Excess distributions carryover, if any, to 2014:
a From 2009.......
b From 2010.......
c From 2011.......
d From 2012.......
e From 2013.......
fTotal of lines 3a through e.........	0
4Qualifying distributions for 2014 from Part
XII, line 4: $ 415,793
a Applied to 2013, but not more than line 2a				395,683
b Applied to undistributed income of prior years (Election required—see instructions).....		0
c Treated as distributions out of corpus (Election required—see instructions).........	0
d Applied to 2014 distributable amount.....				20,110
e Remaining amount distributed out of corpus	0
5 Excess distributions carryover applied to 2014.	0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5	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 2013. Subtract line 4a from line 2a. Taxable amount—see instructions .............			0
f Undistributed income for 2014. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........				465,837
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......	0
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...	0
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2010....
b Excess from 2011....
c Excess from 2012....
d Excess from 2013....
e Excess from 2014....

Form 990-PF (2014)

Page 10

Part XIV

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

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

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

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

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

Part XV

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

1Information Regarding Foundation Managers:

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

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

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

Check here bullet

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

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

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

cAny submission deadlines:

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

Form 990-PF (2014)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
10000 DEGREES 1650 LOS GAMOS DR 110 SAN RAFAEL,CA94903	NONE	PUBLIC CHARITY	SCHOLARSHIP PROGRAMS	2,000
6TH STREET PLAYHOUSE 52 W 6TH STREET SANTA ROSA,CA95401	NONE	PC	UNRESTRICTED	2,000
ALOHA FOUNDATION INC 2968 LAKE MOREY ROAD FAIRLEE,VT050459400	NONE	PC	UNRESTRICTED	2,000
AMERICAN CANCER SOCIETY 1451 GUERNEVILLE RD SUITE 220 SANTA ROSA,CA95403	NONE	PC	UNRESTRICTED	5,000
BLUE HILL SOCIETY FOR AID TO CHILDREN INC P O BOX 472 BLUE HILL,ME04614	NONE	PC	NICHOLS DEVELOPMENT FUND	7,000
CHICAGO JAZZ ORCHESTRA ASSOCIATION 6051 NORTH MOZART STREET 3 CHICAGO,IL606592593	NONE	PC	UNRESTRICTED	67,000
CTEF - CAREER TECHNICAL EDUCATION FOUNDATION INC 2901 RIGSBY LANE SAFETY HARBOR,FL34695	NONE	PC	UNRESTRICTED	10,000
DURHAM PUBLIC LIBRARY 7 MAPLE AVENUE DURHAM,CT064222112	NONE	PC	UNRESTRICTED	4,000
FRIEND MEMORIAL PUBLIC LIBRARY 1 REACH ROAD BROOKLIN,ME04616	NONE	PC	UNRESTRICTED	4,000
GLOBAL PARTNERS FOR DEVELOPMENT 320 PROFESSIONAL CENTER DRIVE SUITE 120 ROHNERT PARK,CA94928	NONE	PC	UNRESTRICTED	25,000
HARVARD SCHOOL OF PUBLIC HEALTH DEPT OF NUTRITION 677 HUNTINGTON AVENUE BOSTON,MA021156018	NONE	PC	I M & F J STARE SCHOLARSHIP FUND	15,000
HEALDSBURG EDUCATION FOUNDATION 1028 PRINCE AVENUE HEALDSBURG,CA95448	NONE	PC	UNRESTRICTED	10,000
HEALDSBURG JAZZ P 0 BOX 261 HEALDSBURG,CA95448	NONE	PC	ANNUAL JAZZ FESTIVAL	5,000
HEALTH HORIZONS INTERNATIONAL FOUNDATION INC 314 MAIN ST OAKVILLE,CT06779	NONE	PC	UNRESTRICTED	32,000
HEARTHSTONE VILLAGE P O BOX 933 UKIAH,CA95482	NONE	PUBLIC CHARITY	FAMILY SERVICES	5,000
KISMET ROCK FOUNDATION P O BOX 1744 NORTH CONWAY,NH03860	NONE	PC	UNRESTRICTED	5,000
KRCB PUBLIC RADIO 5850 LABATH AVE ROHNERT PARK,CA94928	NONE	PC	UNRESTRICTED	5,000
LOWN CARDIOVASCULAR RESEARCH FOUNDATION INC 21 LONGWOOD AVENUE BROOKLINE,MA02446	NONE	PC	UNRESTRICTED	67,000
MALTA HOUSE OF CARE FOUNDATION INC 19 WOODLAND ST SUITE 37 HARTFORD,CT06105	NONE	PC	UNRESTRICTED	15,000
MASSACHUSETTS INSTITUTE OF TECHNOLOGY 600 MEMORIAL DRIVE CAMBRIDGE,MA021394822	NONE	PC	UNRESTRICTED	5,000
NATIONAL MULTIPLE SCLEROSIS SOCIETY NORTHERN CALIFORNIA CHAPTER 1700 OWENS ST SUITE 190 SAN FRANCISCO,CA94158	NONE	PC	UNRESTRICTED	10,000
NORTH SONOMA COUNTY SERVICES 209 MATHESON ST HEALDSBURG,CA95448	NONE	PUBLIC CHARITY	GENERAL PURPOSES FOR HOMELESS	5,000
NORTHERN MIDDLESEX YMCA 99 UNION ST MIDDLETOWN,CT06457	NONE	PC	UNRESTRICTED	7,000
ODD FELLOWS PLAYHOUSE WASHINGTON ST MIDDLETOWN,CT06457	NONE	PC	UNRESTRICTED	10,000
PLIMOUTH PLANTATION 137 WARREN AVE PLYMOUTH,MA02360	NONE	PUBLIC CHARITY	GENERAL - ANNUAL FUND	2,000
RAVEN PERFORMING ARTS THEATRE 115 NORTH ST HEALDSBURG,CA95448	NONE	PC	HEALDSBURG SENIOR CENTER	5,000
SANTA ROSA JUNIOR COLLEGE FOUNDATION 1501 MENDOCINO AVENUE SANTA ROSA,CA95401	NONE	PC	AG FUND	2,000
SANTA ROSA SYMPHONY ORCHESTRA ASSOCIATION DEVELOPMENT OFFICE 50 SANTA ROSA AVE SANTA ROSA,CA95404	NONE	PC	UNRESTRICTED	26,000
SONOMA COUNTY PHILHARMONIC ORCHESTRA P O BOX 7438 COTATI,CA949317438	NONE	PC	UNRESTRICTED	2,500
SONOMA STATE UNIVERSITY ACADEMIC FOUNDATION INC 1801 E COTATI AVE ROHNERT PARK,CA94928	NONE	PUBLIC CHARITY	GENERAL PURPOSES OF THE FOUNDATION	2,000
SOUTH PARK INN 75 MAIN ST HARTFORD,CT06106	NONE	PC	UNRESTRICTED	7,000
ST VINCENT DE PAUL PLACE 615 MAIN ST MIDDLETOWN,CT06457	NONE	PC	AMAZING FOOD PANTRY	9,000
THE NATURE CONSERVANCY 4245 N FAIRFAX DRIVE SUITE 100 ARLINGTON,VA222031606	NONE	PC	UNRESTRICTED	2,000
TRAD JASS - TRADITIONAL RAGTIME & DIXIELAND JAZZ APPREC & STRUTTERS SOC P O BOX 2861 SANTA ROSA,CA95405	NONE	PC	UNRESTICTED	500
UNIVERSITY OF COLORADO FOUNDATION 1800 GRANT ST SUITE 725 DENVER,CO80203	NONE	PC	COLLEGIATE RECOVERY CENTER	15,000
WINN PARISH LIBRARY 205 WEST MAIN ST WINNFIELD,LA714832718	NONE	PC	JOYCE LOVE ALLEN STARE CHILDREN'S ROOM	5,000
Total ................................. 3a				402,000

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2014)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ............			14	6
4 Dividends and interest from securities....			14	177,281
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.....			14
8 Gain or (loss) from sales of assets other than inventory .............			18	481,913
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		659,200	0

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

13659,200

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2014)

Page 13

Part XVII

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

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

Yes

organizations?

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABS (ABT)	34,485	39,080
ABBVIE INC (ABBV)	0	0
ACCENTURE PLC CL A (ACN)	30,372	44,175
AETNA INC (AET)	0	0
AFFILIATED MANGERS GROUP INC (AMG)	28,471	26,585
ALLERGAN INC (AGN)	0	0
ALTRIA GROUP INC (MO)	34,367	55,872
AMEREN CORP (AEE)	0	0
AMERICAN EXPRESS CO (AXP)	7,880	6,448
AMGEN INC (AMGN)	37,551	56,224
ANSYS INC (ANSS)	0	0
APPLE INC (AAPL)	68,138	160,178
ARCHER DANIELS MIDLAND CO (ADM)	0	0
AT&T INC (T)	5,319	5,387
BAKER HUGHES INC (BHI)	0	0
BANK OF AMERICA CORP (BAC)	52,218	62,051
BARD CR INC (BCR)	0	0
BED BATH & BEYOND INC (BBBY)	29,967	25,624
BERKSHIRE HATHAWAY INC - CL B (BRK/B)	50,538	58,195
BIOGEN INC (BIIB)	11,471	9,753
BOSTON SCIENTIFIC CORP (BSX)	0	0
CABOT CORP (CBT)	0	0
CATERPILLAR INC (CAT)	0	0
CBS CORP CL B (CBS)	0	0
CENTURYLINK INC (CTL)	32,944	26,122
CHEVRON CORP (CVX)	0	0
CIGNA CORP (CI)	12,850	19,302
CITIGROUP INC (C)	57,436	59,499
COCA COLA CO (KO)	0	0
COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)	0	0
COMCAST CORP - CL A (CMCSA)	26,472	35,907
CONOCOPHILLIPS (COP)	0	0
CORNING INC (GLW)	0	0
COVANCE INC (CVD)	0	0
CVS HEALTH CORP (FORMERLY CVS CAREMARK CORP)(CVS)	34,789	53,725
DISNEY WALT CO NEW (DIS)	15,789	64,111
DOW CHEMICAL CO (DOW)	11,655	14,596
DST SYS INC DEL (DST)	6,830	9,171
DUKE ENERGY CORP (DUK)	0	0
EMERSON ELEC CO (EMR)	0	0
ENTERGY CORP (ETR)	0	0
EOG RES INC (EOG)	0	0
EQT CORPORATION (EQT)	0	0
EXXON MOBIL CORP (XOM)	104,814	91,459
FACEBOOK INC-A (FB)	5,728	9,382
FRANKLIN RESOURCES INC (BEN)	31,145	27,248
GENERAL ELECTIC CO (GE)	15,263	18,563
GILEAD SCIENCES INC (GILD)	44,231	61,139
GOOGLE INC - CL C (GOOG)-SEE ALPHABET INC CL C	0	0
GOOGLE INC CL A (GOOG)-SEE ALPHABET INC CL A	0	0
HERSHEY CO (HSY)	0	0
HEWLETT PACKARD CO (HPQ)	0	0
HOME DEPOT INC (HD)	37,088	63,057
HONEYWWELL INTERNATIONAL INC (HON)	8,989	11,227
IHS IND CL A (IHS)	0	0
INTEL CORP (INTC)	11,911	17,385
INTERNATIONAL BUSINESS MACHINES CORP (IBM)	59,281	49,634
INTUIT (INTU)	8,929	14,028
JOHNSON & JOHNSON (JNJ)	70,396	76,234
JP MORGAN CHASE & CO (JPM)	67,586	75,348
KIRBY CORP (KEX)	0	0
KROGER CO (KR)	6,737	12,804
LAS VEGAS SANDS CORP (LVS)	0	0
LAUDER ESTEE COS CL-A (EL)	27,689	31,124
LILLY, ELI & CO (LLY)	0	0
LOCKHEED MARTIN CORP (LMT)	0	0
LOWES COS INC (LOW)	28,718	47,492
LYONDELLBASELL INDUSTRIES NV (LYB)	29,624	39,286
MACY'S INC (M)	0	0
MARATHON PETROLEUM (MPC)	21,145	34,462
MASCO CORP (MAS)	0	0
MASTERCARD INC-A (MA)	0	0
MEDTRONIC INC (MDT)	0	0
MERCK & CO INC (MRK)	57,818	51,420
METTLER-TOLEDO INTERNATIONAL INC (MTD)	18,662	28,794
MICRON TECHNOLOGY INC (MU)	0	0
MICROSOFT CORP (MSFT)	29,960	47,285
MONDELEZ INTERNATIONAL INC (MDLZ)	0	0
MONSTER BEVERAGE CORPORATION (MNST)	0	0
MOODYS CORP (MCO)	6,980	10,621
NATIONAL-OILWELL INC (NOV)	0	0
NAVIENT CORP (NAVI)	0	0
NETAPP INC (NTAP)	0	0
NEXTRA ENERGY INC (NEE)	31,899	35,151
NORTHROP GRUMMAN CORPORATION (NOC)	0	0
OCCIDENTAL PETE CORP (OXY)	0	0
ORACLE CORPORATION (ORCL)	0	0
PEPSICO INC (PEP)	40,909	58,093
PFIZER INC (PFE)	62,503	69,472
PHILLIPS 66 (PSX)	0	0
PILGRIM'S PRIDE (PPC)	7,853	6,028
PPG INDUSTRIES INC (PPG)	0	0
PROCTER & GAMBLE CO (PG)	43,482	46,401
PRUDENTIAL FINL INC (PRU)	34,135	38,082
QUALCOMM INC (QCOM)	0	0
ROCKWELL AUTOMATION INC (ROK)	11,606	12,241
ROYAL CARIBBEAN CRUISES LTD (RCL)	0	0
SANDISK CORP (SNDK)	0	0
SCHLUMBERGER LTD (SLB)	46,137	40,581
SOUTHWEST AIRLINES CO (LUV)	23,792	41,292
SPX CORP (SPW)	0	0
T ROWE PRICE GROUP INC (TROW)	31,013	31,222
TESORO CORPORATION (TSO)	21,227	37,430
TEXTRON INC (TXT)	0	0
TIME WARNER INC (TWX)	35,093	32,891
TRAVELERS COMPANIES INC (TRV)	27,147	37,121
VALERO ENERGY CORP (VLO)	28,731	42,397
VERIZON COMMUNICATIONS (VZ)	67,440	62,266
VISA INC - CLASS A (V)	44,201	66,842
WADDELL & REED FINL INC (WDR)	22,760	13,838
WAL MART STORES INC (WMT)	55,837	42,365
WELLPOINT INC (WLP)	0	0
WELLS FARCO & CO (WFC)	28,083	47,937
WESTLAKE CHEMICAL CORP (WLK)	0	0
WYNDHAM WORLDWIDE CORP (WYN)	25,542	31,127
3M CO (MMM)	24,815	23,957
AGILENT TECHNOLOGIES INC (A)	27,544	32,620
AIR PRODUCTS & CHEMICALS INC (APD)	6,424	6,297
ALLISON TRANSMISSION HOLDINGS INC (ALSN)	12,695	12,302
ALLSTATE CORP (ALL)	6,126	5,648
ALPHABET INC CL A (GOOGL)-FORMERLY GOOGLE CL A	37,108	64,079
ALPHABET INC CL C (GOOG)-FORMERLY GOOGLE CL C	36,894	62,378
AMAZON COM INC (AMZN)	11,673	12,631
ANALOG DEVICES INC (ADI)	7,831	8,012
ANTHEM INC (ANTM)	23,572	34,551
BOEING CO (BA)	40,319	39,272
BUNGE LIMITED (BG)	28,229	20,649
CAMERON INTERNATIONAL CORP (13342B105)	12,114	17,073
CARNIVAL CORP (CCL)	6,549	6,569
CELGENE CORP (CELG)	5,469	5,144
CHARLES RIVER LABORATORIES INTL INC (CRL)	6,019	6,891
CITRIX SYS INC (CTXS)	30,758	30,668
CROWN HOLDINGS INC (CCK)	11,446	11,420
DARDEN RESTAURANTS INC (DRI)	27,372	23,030
DELTA AIR LINES INC (DAL)	14,430	14,403
DENTSPLY INTERNATIONAL INC	19,430	22,444
DOLLAR GENERAL CORP (DG)	10,799	10,466
EATON VANCE CORP (EV)	7,533	6,825
EBAY INC (EBAY)	7,028	7,398
ELECTRONIC ARTS INC	32,175	37,962
EXPRESS SCRIPTS HLDG (ESRX)	24,216	23,934
FIRSTENERGY CORP (FE)	29,519	29,507
GENERAL DYNAMICS CORP (GD)	35,739	37,933
HCA HOLDINGS INC (HCA)	28,633	23,140
HOLOGIC INC (HOLX)	27,623	29,052
ILLINOIS TOOL WKS INC (ITW)	8,543	8,458
NCR CORP (NCR)	26,821	27,652
OLD DOMINION FREIGHT LINE INC (ODFL)	29,375	26,121
OWENS CORNING INC (OC)	26,450	26,230
PACCAR INC (PCAR)	12,110	11,431
RELIANCE STEEL & ALUMINUM CO (RS)	7,661	7,645
SERVICEMASTER GLOBAL HOLDINGS (SERV)	12,010	12,743
SPIRIT AEROSYSTEMS HOLD (SPR)	28,560	27,799
TARGET CORP (TGT)	38,613	34,075
TEXAS INSTRUMENTS INC (TXN)	17,986	21,504
THE MOSAIC COMPANY (MOS)	31,253	21,832
TWENTY-FIRST CENTURY FOX INC CL A (FOXA)	39,651	33,051
UNION PAC CORP (UNP)	45,649	33,664
VERISIGN INC (VRSN)	10,034	14,310
VISTEON CORP (VC)	14,851	16,308
ZOETIS INC (ZTS)	7,999	7,472
PUBLIC SERVICE ENTERPRISE GROUP INC (PEG)	5,464	5,083
JETPLUE AIRWAYS CORP (JBLU)	14,695	14,349

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
BNY MELLON FOCUSED EQS OPP M (MFOMX)	AT COST	0	0
BNY MELLON INTERNATIONAL FD (MPITX)	AT COST	387,270	388,782
CORRECTIONS CORP OF AMERICA REIT (CXW)	AT COST	0	0
DFA EMG MKTS CORE EQUITY FD (DFCEX)	AT COST	300,000	260,598
DREYFUS INTERMEDIATE TRM INC FD CL I (DITIX)	AT COST	2,103,642	2,316,381
DREYFUS MIDCAP IDX FD (PESPX)	AT COST	870,034	945,870
DREYFUS/THE BOSTON COMPANY SMALL CAP GROWTH FD (SSETX)	AT COST	331,990	368,753
DREYFUS/THE BOSTON COMPANY SMALL CAP VALUE FD (STSVX)	AT COST	191,467	238,734
HOST HOTELS & RESORTS, INC REIT (HST)	AT COST	35,361	26,892
PUBLIC STOREAGE INC REIT (PSA)	AT COST	25,309	38,170
SIMON PROPERTY GROUP INC (SPG)	AT COST	5,569	6,891
STRATEGIC GLOBAL STOCK FUND /DREYFUS PREM (DGLRX)	AT COST	357,650	583,616
TAUBMAN CTRS INC REIT (TCO)	AT COST	27,615	26,592
VIRTUS EMERGING MKTS OPPOR-I (HIEMX)	AT COST	202,970	196,564
SPDR S&P 500 ETF TRUST (SPY)	AT COST	590,191	587,671
DREYFUS INTL SMALL CAP-I (DYIPX)	AT COST	250,000	257,970
GENERAL GROWTH PROPERTIES INC (GGP)	AT COST	30,760	29,291
POST PROPERTIES INC REIT (PPS)	AT COST	6,999	7,075

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
BNY MELLON - INVESTMENT MANAGEMENT FEES	40,100	30,075		10,025
ROPES & GRAY - ACCOUNTING/BOOKKEEPING	9,245	5,547		3,698

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX W/H	0	1,497		0
CURRENT F/Y EXCISE TAX PAYMENTS	4,200	0		0