Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation 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
RUTH M HUGHES SCHOLARSHIP TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1558 DEPT EA4E86
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
COLUMBUS, OH43216
A Employer identification number

31-6442501
B Telephone number (see instructions)

(330) 438-1180
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$5,746,104J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I 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)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 124,087 124,087  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 106,839
b Gross sales price for all assets on line 6a 1,186,336
7 Capital gain net income (from Part IV, line 2)... 106,839
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)....... Click to see attachment 3    
12 Total. Add lines 1 through 11........ 230,929 230,926  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 48,346 24,173   24,173
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)....... Click to see attachment 550 275 0 275
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 13,209 480   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)....... Click to see attachment 581     581
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 62,686 24,928 0 25,029
25 Contributions, gifts, grants paid....... 287,729 287,729
26 Total expenses and disbursements. Add lines 24 and 25 350,415 24,928 0 312,758
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -119,486
b Net investment income (if negative, enter -0-) 205,998
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 Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 274,864 15,705 15,705
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet  
Less: allowance for doubtful accounts bullet0      
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)....... 3,114,303 Click to see attachment3,115,302 3,895,524
c Investments—corporate bonds (attach schedule)....... 1,746,336 Click to see attachment1,885,862 1,834,875
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,135,503 5,016,869 5,746,104
Liabilities 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 bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 5,135,503 5,016,869
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 5,135,503 5,016,869
31 Total liabilities and net assets/fund balances (see instructions). 5,135,503 5,016,869
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
5,135,503
2
Enter amount from Part I, line 27a .....................
2
-119,486
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
4,557
4
Add lines 1, 2, and 3 ..........................
4
5,020,574
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3,705
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
5,016,869
Form 990-PF (2015)
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 545. BAXALTA INC     2015-08-10
b 2753.25 COHEN AND STEERS INSTITUTIONAL REALTY SH   2013-08-27 2015-08-10
c 389.988 COHEN AND STEERS INSTITUTIONAL REALTY SH     2015-08-10
d 253.096 COHEN AND STEERS INSTITUTIONAL REALTY SH     2015-08-20
e 4314.265 COLUMBIA FUNDS SERIES TRUST - COLUMBIA MIDCAP VALUE FUND - R5   2014-09-26 2015-08-12
6793.094 FEDERATED INTERNATIONAL LEADERS FUND   2014-06-19 2015-08-10
2423.85 FEDERATED INTERNATIONAL LEADERS FUND     2015-08-10
.206 GOOGLE INC CL C   2014-06-19 2015-05-11
15. ISHARES S & P SMALLCAP 600   2014-06-19 2015-08-10
971. ISHARES S & P SMALLCAP 600   2014-09-25 2015-08-10
765. PAYPAL HOLDINGS INC   2012-10-26 2015-08-10
29520.169 FRANKLIN TEMPLETON GLOBAL BOND FUND - AD     2015-08-10
2157.428 FRANKLIN TEMPLETON GLOBAL BOND FUND - AD     2015-08-10
2161.887 WASATCH LONG/SHORT FUND   2014-07-25 2015-08-10
136.702 WASATCH LONG/SHORT FUND     2015-08-10
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 20,666   14,452 6,214
b 127,503   115,884 11,619
c 18,060   17,925 135
d 11,860   10,281 1,579
e 72,091   79,296 -7,205
240,679   240,000 679
85,877   75,993 9,884
109   114 -5
1,737   1,672 65
112,430   102,085 10,345
30,127   22,347 7,780
354,242   334,214 20,028
25,889   26,807 -918
29,467   36,363 -6,896
1,863   2,064 -201
      53,736
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       6,214
b       11,619
c       135
d       1,579
e       -7,205
      679
      9,884
      -5
      65
      10,345
      7,780
      20,028
      -918
      -6,896
      -201
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 106,839
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 ................... 		Bracket 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?
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 276,062 6,023,601 0.04583
2013 308,309 5,792,754 0.053223
2012 283,763 5,613,231 0.050553
2011 259,429 5,828,515 0.04451
2010 337,895 5,495,220 0.061489
2
Total of line 1, column (d) .....................
20.255605
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
0.051121
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
5,962,143
5
Multiply line 4 by line 3......................
5
304,791
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,060
7
Add lines 5 and 6........................
7
306,851
8
Enter qualifying distributions from Part XII, line 4.............
8
312,758
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)
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 Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 2,060
hereBulletand 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 2,060
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 2,060
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 12,729
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 12,729
8 Enter any penalty for underpayment of estimated tax. if 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.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 10,669
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet2,060 RefundedBullet 11 8,609
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
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.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
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$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
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....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
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?................
    6
    Yes
     
    7
    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..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletOH
    b
    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 .
    8b
    Yes
     
    9
    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.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    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) .............
    11
     
    No
    12
    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).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletHUNTINGTON NATIONAL BANK Telephone no.bullet (740) 588-6742

    Located atbullet422 MAIN STZANESVILLEOH ZIP+4bullet43702
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    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
    No
    1a
    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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?...............
    (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.).......
    b
    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)? ........
    1b
     
    No
    ........bullet
    c
    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?.............
    1c
     
    No
    2
    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)):
    a
    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?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    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.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    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.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    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?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    5a
    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))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    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)? ......
    5b
     
     
    .........bullet
    c
    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?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    HUNTINGTON NATIONAL BANK TRUSTEE
    4     		48,346    
    PO BOX 1558 DEPT EA4E86
    COLUMBUS,OH43216
    CHARLES WALKER SELECTION COMMITTE
    1     		0    
    4012 DUTCH LANE
    JOHNSTOWN,OH43031
    WAYNE PHILLIPS II SELECTION COMMITTEE
    1     		0    
    320 MAIN ST
    ZANESVILLE,OH43701
    THOMAS SEIBER SELECTION COMMITTEE
    1     		0    
    422 MAIN ST
    ZANESVILLE,OH43702
    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...................bullet 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.............bullet0
    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)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    5,844,471
    b
    Average of monthly cash balances.......................
    1b
    208,466
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,052,937
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    6,052,937
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    90,794
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,962,143
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    298,107
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    298,107
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    2,060
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,060
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    296,047
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    711
    5
    Add lines 3 and 4............................
    5
    296,758
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    296,758
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    312,758
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    312,758
    5
    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).................
    5
    2,060
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    310,698
    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)
    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 7 296,758
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 54,396
    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: bullet$ 312,758
    a Applied to 2014, but not more than line 2a 54,396
    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..... 258,362
    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 ..........     		38,396
    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)
    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 section or
    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
             
    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
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    HUNTINGTON NATIONAL BANK
    422 MAIN ST
    ZANESVILLE,OH43702
    (740) 455-7060
    bThe form in which applications should be submitted and information and materials they should include:
    ATTACHMENT IS AVAILABLE UPON REQUEST
    cAny submission deadlines:
    MAY FIRST EACH YEAR
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    MUST BE A GRADUATE OF MUSKINGUM COUNTY HIGH SCHOOL
    Form 990-PF (2015)
    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)
    aPaid during the year
    ZANE STATE
    1555 NEWARK ROAD
    ZANESVILLE,OH43701     		NONE PC SCHOLARSHIP 27,198
    HELEN DAVIS
    6995 BAGLEY RD
    MT PERRY,OH43760     		NONE I SCHOLARSHIP 2,500
    ASHTON CUNNINGHAM
    1338 OHIO ST
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 2,500
    TIFFANI HUMPHREY
    2251 POTTS LANE
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 1,250
    LEGACY LEWIS
    636 MUNSON AVE
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 1,250
    BRANDON MEALEY
    837 LENOX AVE
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 2,500
    AMANDA TAYLOR
    6505 FRAZEYSBURG RD
    NASHPORT,OH43830     		NONE I SCHOLARSHIP 2,500
    JEREMY WILLISON
    3395 KENNEDY DR
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    TIARA WIGGINS
    814 ST LOUIS AVE
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    MARGARET WATERS
    7380 PINECREST DR
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    JOSHUA DAVIS
    940 S HOPEWELL RD
    HOPEWELL,OH43746     		NONE I SCHOLARSHIP 5,000
    ALEXUS GRIMMETT
    2111 JACKSON RD
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    CADEN HESKETT
    1982 DUNZWEILER DR
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    CURRY HOSKINSON
    1845 NORWOOD BLVD
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    JEREMY HOWDYSHELL
    4824 ADAMSVILLE RD
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    JENNA HUNKINS
    3750 HARMONY LANE
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    MEGHAN JENKINS
    5270 AIRWOOD DR
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    JASMINE JEWELL
    969 GREENWOOD AVE
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    KADE JOHNSON
    958 FOREST AVE
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    HANNAH DALEY
    3800 DIETZ LANE
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    MARISSA MCCONAHA
    2680 RED FOX
    DUNCAN FALLS,OH43734     		NONE I SCHOLARSHIP 5,000
    JT MCFARLAND
    1321 CENTRAL AVE
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    DAKOTA MCKENZIE
    10380 MT OLIVE RD
    HOPEWELL,OH43746     		NONE I SCHOLARSHIP 5,000
    LUCAS MEALICK
    214 E NEWMAN ST
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    ABIGAIL MELICK
    205 TREEHOUSE LANE
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    JACOB MILLS
    2980 FLINT RIDGE RD
    HOPEWELL,OH43746     		NONE I SCHOLARSHIP 5,000
    ASHTON MYERS
    4355 DRESDEN RD
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    SKYLAR NOVARIA
    1407 POTTS LANE
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    ZAKERY SHERIDAN
    360 ROBIN HOOD LANE
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    GABRIELLE SMITH
    2842 CRESTWAY DR
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    MICHAELA TOM
    3995 PRYOR RD
    CHANDLERSVILLE,OH43727     		NONE I SCHOLARSHIP 5,000
    SETH TRAEGER
    821 SEBORN AVE
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    JAYLYNN BARKER
    7213 DUNCAN RUN RD
    PHILO,OH43771     		NONE I SCHOLARSHIP 5,000
    TRAVIS BROCK
    5955 EAST PIKE
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    SETH BROWN
    3110 BROADVUE CIRCLE
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    MATTHEW BURNELL
    1529 LINDEN AVE
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 2,500
    KIMBERLY KELLY
    9470 CLAYSVILLE RD
    CHANDLERSVILLE,OH43727     		NONE I SCHOLARSHIP 5,000
    ROBERT MULHOLLAND
    2724 MARTIN RD
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    JUSTIN MURPHY
    860 ORCHARD HILL RD
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    KRISTOFFER TOVAR
    2014 DRESDEN RD
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    MORGAN SAVAGE
    41 JUANITA DR
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    CHASE HOWARD
    1880 RIVERBEND DR
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    KAYLEIGH HARRIS
    1037 PINE ST
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    MALLORY SPRING
    7550 OLD TOWN RD BOX 60
    FULTONHAM,OH43738     		NONE I SCHOLARSHIP 5,000
    AMISHA HERD
    329 JORDAN AVE
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    BLAIDE WOODBURN
    8002 CLAY PIKE
    CHANDLERSVILLE,OH43727     		NONE I SCHOLARSHIP 5,000
    LOGAN FITZGERALD
    410 NEL-DA-MAR DR
    NEW CONCORD,OH43762     		NONE I SCHOLARSHIP 5,000
    CAPRIA HALL
    2450 S RIVER RD
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    GRANT PUMPHREY
    1372 MURREY DR
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    AMY WEST
    880 GROVE RD
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    TIANA YOUNG
    1141 ROOSEVELT AVE
    ZANESVILLE,OH43701     		NONE I SCHOLARSHIP 5,000
    BAILEE MUMFORD
    12572 TOWNSHIP RD 71A
    ROSEVILLE,OH43777     		NONE I SCHOLARSHIP 3,333
    MUSKINGUM COUNTY COMMUNITY FOUNDATION
    534 PUTNAM
    ZANESVILLE,OH43701     		NONE PC EDUCATIONAL 27,198
    Total .................................bullet 3a 287,729
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    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
    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....     14 124,087  
    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 ............     		    18 106,839  
    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)..   230,929  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13230,929
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		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)
    Form 990-PF (2015)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    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
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    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
    2a
    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?...........
    b
    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.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 AccountingFeesSchedule
    Name:
    RUTH M HUGHES SCHOLARSHIP TRUST
    EIN:
    31-6442501
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 550 275   275

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    RUTH M HUGHES SCHOLARSHIP TRUST
    EIN:
    31-6442501
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ALTERA CORP 2.5% 11/15/18 49,814 50,409
    AUTOZONE INC 4% 11/15/20 51,778 52,502
    BLACKROCK INFLAT. PROTECT BD I 101,005 94,318
    CHEVRON CORP 2.427% 6/24/20 49,814 50,051
    DIRECTV HLDG FINANCE 1.75% 1/1 49,272 49,801
    DR PEPPER SNAPPLE GRP 2% 1/15/ 48,131 48,858
    FEDERATED TOTAL RET BD FD INST 382,579 368,817
    GOLDMAN SACHS HIGH YIELD FD 191,206 175,394
    IBM CORP 49,523 49,938
    KENNAMETAL INC 2.65% 11/1/19 49,479 48,656
    LORD ABBETT ST DURATION INC FD 311,117 301,974
    PIMCO INC FD INSTL CL 103,830 99,208
    PRAXAIR INC 1.25% 11/7/18 97,746 98,662
    PRINCIPAL FINANCIAL GRP 1.85% 50,138 50,042
    FRANKLIN TEMPLETON GLBL BD FD 1,844 1,975
    TEVA PHARMA FIN IV LLC 2.25% 3 97,788 96,767
    TOYOTA MOTOR CREDIT CORP 1.25% 49,715 49,853
    VADAFONE GRP PLC 1.5% 2/19/18 49,250 49,445
    XEROX 2.75% 3/15/19 101,833 98,205

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    RUTH M HUGHES SCHOLARSHIP TRUST
    EIN:
    31-6442501
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALPHABET INC CL C 27,797 56,916
    ALPHABET INC CL A 16,794 42,791
    AMERICAN EXPRESS 28,429 34,775
    ANADARKO PETROLEUM CORP 33,287 18,460
    APPLE INC 30,963 60,525
    ARCHER-DANIELS-MIDLAND CO 19,381 21,458
    ARTISAN INTERNATIONAL 561,734 501,653
    AUTOMATIC DATA PROCESSING 30,908 58,880
    BALL CORP 7,022 25,819
    BAXTER INTERNATIONAL INC 16,959 20,792
    BOEING 24,463 33,979
    BORG WARNER INC 30,076 23,993
    BRISTOL-MYERS SQUIBB CO 18,206 42,306
    CVS HEALTH CORP 17,209 38,130
    CANADIAN NATL RAILWAY COM 10,860 29,337
    CARDINAL HEALTH INC 26,174 54,901
    CENTURYLINK INC 16,890 11,699
    CHEVRON CORP 15,204 13,494
    CHUBB CORP 15,289 44,434
    CHURCH & DWIGHT CO INC 18,719 39,045
    COLUMBIA MIDCAP VALUE FD 72,188 57,986
    COMCAST CORP CL A 27,552 37,808
    COSTCO WHOLESALE CORP 17,570 23,418
    DFA INTL CORE EQUITY PORT INVE 383,420 358,900
    WALT DISNEY CO 4,315 18,914
    EBAY INC 15,168 21,022
    EMERSON ELECTRIC CO 20,413 24,154
    FACEBOOK INC -A 30,010 48,667
    FRANKLIN RES INC 27,883 25,774
    GENERAL DYNAMICS CORP 10,744 34,340
    GENERAL MILLS INC 11,340 23,352
    GILEAD SCIENCES INC 36,275 60,208
    HALLIBURTON CO 36,440 21,445
    HARBOR INTERNATIONAL FD 130,276 110,804
    ILLINOIS TOOL WORKS 12,169 33,828
    ISHARES CORE S&P MID CAP 155,288 161,333
    ISHARES CORE S&P SM CAP 164,918 175,405
    JOHNSON CONTROLS INC 8,739 20,140
    ESTEE LAUDER CO INC 23,514 36,985
    LOWES COMPANIES INC 13,695 40,301
    MCDONALDS CORP 8,272 17,130
    MERCK & CO INC 17,111 31,164
    METLIFE INC 37,958 38,568
    NEXTERA ENERGY INC 10,894 25,973
    NIKE INC CL B 17,006 46,250
    OCCIDENTAL PETROLEUM CORP 20,362 22,041
    ORACLE CORP 29,533 49,863
    OPPENHEIMER DEVL. MKTS FD I 127,030 160,879
    PPG INDUSTRIES INC 18,161 22,729
    PEPSICO INC 13,234 21,982
    PFIZER INC 23,509 40,027
    PRAXAIR INC 16,219 20,480
    PRUENNTIAL FINANCIAL INC 23,914 42,740
    QUALCOMM INC 47,796 34,990
    T ROWE PRICE REAL ESTATE FD 151,270 155,515
    SPDR S&P REGIONAL BANKING 17,757 32,698
    SCHLUMBERGER LTD 26,881 25,459
    SEMPRE ENERGY 13,301 23,973
    STATE STREET CORP 25,227 40,811
    TJX COMPANIES INC 20,567 34,391
    TEXAS INSTRUMENTS INC 35,937 67,690
    THERMO FISHER SCIENTIFIC INC 40,865 48,938
    TRAVELERS COS INC 18,382 45,708
    UNITED PARCEL SERVICE CL B 25,058 23,576
    UNITED HEALTH GROUP INC 35,823 72,349
    VF CORP 35,760 35,171
    VALERO ENERGY CORP 23,159 73,185
    VERIZON COMMUNICATIONS 14,322 21,723
    WELLS FARGO & CO 25,972 41,857
    ACCENTURE PLC CL A 25,741 69,493

    TY 2015 OtherDecreasesSchedule
    Name:
    RUTH M HUGHES SCHOLARSHIP TRUST
    EIN:
    31-6442501
    Description Amount
    2015 INCOME POSTED TO 2016 3,705


    TY 2015 OtherExpensesSchedule
    Name:
    RUTH M HUGHES SCHOLARSHIP TRUST
    EIN:
    31-6442501
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER ALLOCABLE EXPENSE-PRINCI 200 0   200
    OTHER NON-ALLOCABLE EXPENSE - 381 0   381


    TY 2015 OtherIncomeSchedule2
    Name:
    RUTH M HUGHES SCHOLARSHIP TRUST
    EIN:
    31-6442501
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income


    TY 2015 OtherIncreasesSchedule
    Name:
    RUTH M HUGHES SCHOLARSHIP TRUST
    EIN:
    31-6442501
    Description Amount
    2014 INCOME POSTED IN 2015 1,325
    RETURN OF QUALIFYING DISTRIBUTION 711
    REVERSAL OF PREVIOUS YEAR DISTRIBUTION 2,500
    ROUNDING 21


    TY 2015 TaxesSchedule
    Name:
    RUTH M HUGHES SCHOLARSHIP TRUST
    EIN:
    31-6442501
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 75 75   0
    FEDERAL ESTIMATES - PRINCIPAL 12,729 0   0
    FOREIGN TAXES ON QUALIFIED FOR 374 374   0
    FOREIGN TAXES ON NONQUALIFIED 31 31   0