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 10-01-2015 , and ending 09-30-2016
Name of foundation
HARLEY LANGDALE JR FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)115 W BROOKWOOD DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
VALDOSTA, GA31602
A Employer identification number

58-6033293
B Telephone number (see instructions)

(229) 333-2574
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$48,576,560J 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 487 487  
4 Dividends and interest from securities... 626,037 626,037  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -856,084
b Gross sales price for all assets on line 6a 12,410,756
7 Capital gain net income (from Part IV, line 2)...  
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)....... Click to see attachment 2,059,738    
12 Total. Add lines 1 through 11........ 1,830,178 626,524  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 30,000 30,000    
15 Pension plans, employee benefits....... 1,721 1,721    
16a Legal fees (attach schedule)......... Click to see attachment 3,438 3,438    
b Accounting fees (attach schedule)....... Click to see attachment 7,425 7,425    
c Other professional fees (attach schedule).... Click to see attachment 243,268 243,268    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion... Click to see attachment 5,547 5,681  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 397 397    
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 29,532 29,532    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 321,328 321,462   0
25 Contributions, gifts, grants paid....... 1,432,514 1,432,514
26 Total expenses and disbursements. Add lines 24 and 25 1,753,842 321,462   1,432,514
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 76,336
b Net investment income (if negative, enter -0-) 305,062
c Adjusted net income (if negative, enter -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............. 682,333 1,004,691 1,004,691
2 Savings and temporary cash investments......... 483,713 481,893 481,893
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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)..... 16,900,000 Click to see attachment16,900,000 16,900,000
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
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)....... 29,039,589 Click to see attachment28,623,661 30,018,823
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet176,700
Less: accumulated depreciation (attach schedule) bullet5,547   Click to see attachment171,153 171,153
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 47,105,635 47,181,398 48,576,560
Liabilities 17 Accounts payable and accrued expenses.......... 2,059 1,486
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)......... 2,059 1,486
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 47,103,576 47,179,912
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)..... 47,103,576 47,179,912
31 Total liabilities and net assets/fund balances (see instructions). 47,105,635 47,181,398
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
47,103,576
2
Enter amount from Part I, line 27a .....................
2
76,336
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
47,179,912
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
47,179,912
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 REGIONS M88260 - SEE ATTACHED P    
b REGIONS M88260 - SEE ATTACHED P    
c
d
e
(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 9,310,642   10,119,455 -808,813
b 3,100,029   3,147,385 -47,356
c
d
e
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       -808,813
b       -47,356
c
d
e
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 -856,084
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 218,723 30,159,761 0.007252
2013 118,502 3,030,811 0.039099
2012 89,250 2,284,921 0.039060
2011 83,113 1,796,414 0.046266
2010 80,733 1,678,749 0.048091
2
Total of line 1, column (d) .....................
20.179768
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
0.035954
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
46,935,009
5
Multiply line 4 by line 3......................
5
1,687,501
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,051
7
Add lines 5 and 6........................
7
1,690,552
8
Enter qualifying distributions from Part XII, line 4.............
8
1,432,514
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 6,101
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  
3 Add lines 1 and 2........................... 3 6,101
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 6,101
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 27,567
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 27,567
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
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 21,466
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet21,466 RefundedBullet 11  
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)
    bulletGA
    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 addressbulletN/A
    14
    The books are in care ofbulletDONNIE K WARREN Telephone no.bullet (229) 333-2574

    Located atbullet115 W BROOKWOOD DRIVEVALDOSTAGA ZIP+4bullet31601
    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
     
     
    ........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
     
     
    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
     
     
    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
    JACKSON R LANGDALE DIRECTOR
    0.00     		0 0 0
    P O BOX 1088
    VALDOSTA,GA316031088
    JOHN W LANGDALE JR V/P
    0.00     		0 0 0
    P O BOX 1088
    VALDOSTA,GA316031088
    JOHN W LANGDALE III PRES./CHAIRM
    0.00     		0 0 0
    P O BOX 1088
    VALDOSTA,GA316031088
    GREGORY J MILLER DIRECTOR
    0.00     		0 0 0
    P O BOX 1088
    VALDOSTA,GA316031088
    LARRY K FUDGE DIRECTOR
    0.00     		0 0 0
    P O BOX 1088
    VALDOSTA,GA316031088
    CURTIS L PICKELS DIRECTOR
    0.00     		0 0 0
    302 E SCREVEN ST
    QUITMAN,GA31643
    DONALD K WARREN SECRETARY
    0.00     		0 0 0
    115 W BROOKWOOD DRIVE
    VALDOSTA,GA31602
    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  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    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
    28,546,295
    b
    Average of monthly cash balances.......................
    1b
    1,868,151
    c
    Fair market value of all other assets (see instructions)................
    1c
    17,235,309
    d
    Total (add lines 1a, b, and c).........................
    1d
    47,649,755
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    47,649,755
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    714,746
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    46,935,009
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,346,750
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    2,346,750
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    6,101
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,101
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,340,649
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    2,340,649
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    2,340,649
    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
    1,432,514
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,432,514
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,432,514
    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 2,340,649
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 1,432,423
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 1,432,514
    a Applied to 2014, but not more than line 2a 1,432,423
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2015 distributable amount..... 91
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2015.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		2,340,558
    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) .......     		 
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    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:
    DONALD K WARREN
    115 W BROOKWOOD DRIVE
    VALDOSTA,GA31602
    (229) 333-2574
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER FORM WITH EXPLANATION OF PROGRAMS AND NEEDS.
    cAny submission deadlines:
    NONE.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE.
    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
    ABAC FOUNDATION
    ABAC 13 2802 MOORE HWY
    TIFTON,GA317932601     		NONE   DESTINATION AG 250,000
    AMERICAN LEGION AUXILIARY POST 13
    1301 WILLIAMS STREET
    VALDOSTA,GA31601     		NONE   UNRESTRICTED 520
    AMERICAN RED CROSS OF SOUTH GEORGIA
    509 N PATTERSON STREET
    VALDOSTA,GA31601     		NONE   UNRESTRICTED 2,000
    AZALEA CITY PRISON MINISTRY
    7566 HWY 84 W
    QUITMAN,GA31643     		NONE   FOOD STORAGE FACILITY 20,000
    BACA OF GEORGIALITTLE RIVER CH
    PO BOX 3842
    VALDOSTA,GA31604     		NONE   UNRESTRICTED 1,000
    BETHEL AME CHURCH
    1203 S COURT ST
    QUITMAN,GA31643     		NONE   UNRESTRICTED 42,000
    BGV FOUNDATION INC
    215 W NORTH ST
    VALDOSTA,GA31605     		NONE   UNRESTRICTED 50,000
    BOYS & GIRLS CLUB OF VALDOSTA
    215 W NORTH ST
    VALDOSTA,GA31605     		NONE   COMMITMENT TO COMMUNITY (BROOKS) 500,000
    BROOKS COUNTY EDUCATION FUND
    PO BOX 272
    QUITMAN,GA31643     		NONE   SCHOLARSHIPS 5,000
    CAMP VIOLA
    PO BOX 716
    LAGRANGE,GA30241     		NONE   UNRESTRICTED 10,000
    CANCER COALITION OF SOUTH GEORGIA
    2332 LAKE PARK DRIVE
    ALBANY,GA31707     		NONE   NIGHT FOR HOPE EVENT 1,000
    COASTAL PINES TECHNICAL COLLEGE
    1701 CARSWELL AVE
    WAYCROSS,GA31503     		NONE   TIMBER HARVESTING PROGRAM 27,780
    CYSTIC FIBROSIS FOUNDATION
    6931 ARLINGTON ROAD
    BETHESDA,MD20814     		NONE   MISSION FOR A CURE 1,000
    ECHOLS COUNTRY HISTORICAL SOCIETY
    814 BETHEL CHURCH RD
    LAKE PARK,GA31636     		NONE   UNRESTRICTED 1,000
    ECHOLS COUNTY SCHOOLS
    216 US HWY 129 NORTH
    STATENVILLE,GA31648     		NONE   UNRESTRICTED 10,000
    ECHOLS COUNTY SHERIFF DEPARTMENT
    109 GENERAL DELOACH ST
    STATENVILLE,GA31648     		NONE   FALL FESTIVAL 500
    FIRST BAPTIST CHURCH
    200 WEST CENTRAL AVENUE
    VALDOSTA,GA31601     		NONE   BENEVOLENT FUND 24,000
    GA COUNCIL ON ECONOMIC ED
    PO BOX 1619
    ATLANTA,GA30301     		NONE   UNRESTRICTED 1,000
    GA SHERIFFS BOYS RANCH
    5671 BOYS RANCH RD
    HAHIRA,GA31632     		NONE   CHICK-FIL-A 5K RUN 5,000
    GEORGIA CONSERVANCY
    817 W PEACHTREE ST
    ATLANTA,GA30308     		NONE   UNRESTRICTED 2,500
    GEORGIA FFA FOUNDATION
    PO BOX 237
    SWAINSBORO,GA30401     		NONE   2015-2016 AG FAIR 5,425
    GEORGIA NAT RESOURCES FOUNDATION
    2 MARTIN LUTHER KING JR
    ATLANTA,GA30334     		NONE   GRAND BAY WETLAND EDUCATION CENTER 25,000
    HOSPICE OF SOUTH GEORGIA
    2263 PINEVIEW DRIVE
    VALDOSTA,GA31602     		NONE   LANGDALE HOSPICE HOUSE 10,000
    LAKE PARK HISTORICAL SOCIETY
    PO BOX 803
    LAKE PARK,GA31636     		NONE   UNRESTRICTED 1,000
    LARC INC
    1646 E PARK AVENUE
    VALDOSTA,GA31602     		NONE   UNRESTRICTED 50,000
    LEADERSHIP GEORGIA
    270 PEACHTREE STREET
    SUITE 2200
    ATLANTA,GA30303     		NONE   UNRESTRICTED 5,000
    LEADERSHIP LOWNDES
    PO BOX 2766
    VALDOSTA,GA31604     		NONE   UNRESTRICTED 4,257
    LOWNDES ASSOC MINISTRIES TO PEOPLE
    714 CHARLTON STREET
    VALDOSTA,GA31602     		NONE   2015/2016 CHANGING LIVES CAMPAIGN 5,000
    LOWNDES COUNTY SCHOOLS
    1595 NORMAN DRIVE
    VALDOSTA,GA31601     		NONE   UNRESTRICTED 50,000
    LOWNDES ED IMPROVEMENT FOUNDATION
    1592 NORMAN DRIVE
    VALDOSTA,GA31601     		NONE   UNRESTRICTED 2,500
    LOWNDES HIGH FFA
    1592 NORMAN DRIVE
    VALDOSTA,GA31601     		NONE   UNRESTRICTED 1,500
    MAILBOX CLUB
    404 EAGER RD
    VALDOSTA,GA31602     		NONE   UNRESTRICTED 4,000
    MIRACLE LEAGUE
    PO BOX 4512
    VALDOSTA,GA31604     		NONE   ATHLETIC FIELD 50,000
    MY FRIEND'S HOUSE
    109 WEST MOORE ST
    VALDOSTA,GA31601     		NONE   UNRESTRICTED 5,000
    OPTIONS NOW
    214 W PARK AVENUE
    VALDOSTA,GA31605     		NONE   UNRESTRICTED 1,500
    RAISIN' CANE
    3350 NEWSOME RD
    VALDOSTA,GA31606     		NONE   UNRESTRICTED 79,553
    SGMC FOUNDATION
    2501 NORTH PATTERSON ST
    VALDOSTA,GA31602     		NONE   UNRESTRICTED 5,000
    SOUTH GEORGIA COUNCIL BSA
    1841 NORMAN DRIVE
    VALDOSTA,GA31601     		NONE   DISTINGUISHED CITIZENS AWARD BANQUET 1,200
    SOUTH STREET COMMUNITY CARE HOUSE
    311 SOUTH STREET
    VALDOSTA,GA31601     		NONE   UNRESTRICTED 1,600
    SOUTHEAST GEORGIA FCA
    1205 BAYTREE RD UNIT 6
    VALDOSTA,GA31602     		NONE   VECA STUDENTS CAMP/ANNUAL BANQUET 4,400
    SPECIAL OLYMPICS GEORGIA
    4000 DEKALB TECHNOLOGY
    PARKWAY STE 400 BLD 400
    ATLANTA,GA30340     		NONE   UNRESTRICTED 1,000
    TALL TIMBERS RESEARCH STATION
    13093 HENRY BEADEL DRIVE
    TALLAHASSEE,FL32312     		NONE   UNRESTRICTED 25,000
    THE COVE
    1 BILLY GRAHAM PARKWAY
    CHARLOTTE,NC28201     		NONE   NATIONAL LAW ENFORCEMENT RETREAT 5,135
    THE HAVEN
    PO BOX 5382
    VALDOSTA,GA31603     		NONE   UNRESTRICTED 25,000
    THE SALVATION ARMY
    1000 CENTER PLACE
    NORCROSS,GA30093     		NONE   UNRESTRICTED 3,000
    THOMAS COUNTY SCHOOLS
    200 N PINETREE BLVD
    THOMASVILLE,GA31792     		NONE   UNRESTRICTED 969
    UGA FOUNDATION
    MILLEDGE CENTRE SUITE 100
    394 SOUTH MILLEDGE AVE
    ATHENS,GA31602     		NONE   UNRESTRICTED 5,625
    UNIVERSITY OF FLORIDA
    PO BOX 110410
    GAINESVILLE,FL32611     		NONE   FL PROJECT LEANING TREE 750
    VALDOSTA CITY SCHOOLS
    1204 WILLIAMS STREET
    VALDOSTA,GA31601     		NONE   UNRESTRICTED 50,000
    VALDOSTA CITY SCHOOLS FOUNDATION
    PO BOX 5407
    VALDOSTA,GA31603     		NONE   SCHOLARSHIPS 2,500
    VALDOSTA NORTH ROTARY CLUB
    PO BOX 1704
    VALDOSTA,GA31603     		NONE   TEACHER OF THE YEAR BANQUET 1,500
    VSU FOUNDATION
    1500 N PATTERSON ST
    VALDOSTA,GA31698     		NONE   UNRESTRICTED 30,300
    WGTC FOUNDATION
    4089 VAL TECH ROAD
    VALDOSTA,GA31602     		NONE   BEN COPELAND ENDOWMENT FUND 10,000
    YOUNG LIFE FOUNDATION
    124 E PARK AVE
    VALDOSTA,GA31602     		NONE   VALDOSTA/LOWNDES YOUTH PROGRAMS 4,000
    100 BLACK MEN OF VALDOSTA
    PO BOX 1352
    VALDOSTA,GA31603     		NONE   GOLF TOURNAMENT 1,000
    116 SPORTS MINISTRIES INC
    PO BOX 566
    CAIRO,GA39828     		NONE   SPONSORSHIP 500
    Total .................................bullet 3a 1,432,514
    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 ...........     		        487
    4 Dividends and interest from securities....     14 626,037  
    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 ............     		        -856,084
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue:
    aMISCELLANEOUS INCOME     		        35,627
    bDISTRIBUTION FROM AN ESTATE         1,173,000
    cDISTRIBUTION FROM A TRUST         433,866
    dINTEREST INCOME FROM NOTE REC         417,245
    e
    12 Subtotal. Add columns (b), (d), and (e)..   626,037 1,204,141
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,830,178
    (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:
    HARLEY LANGDALE JR FOUNDATION INC
    EIN:
    58-6033293
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 7,425 7,425    

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2015 DepreciationSchedule
    Name:
    HARLEY LANGDALE JR FOUNDATION INC
    EIN:
    58-6033293
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    115 W BROOKWOOD DR - HOUSE 2015-11-17 153,000   S/L 39.0000 3,433 3,567    
    115 W BROOKWOOD DR - LAND 2015-11-17 20,000              
    HEATING/AIR SYSTEM 2016-06-03 3,700   200DB 7.0000 2,114 2,114    

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    HARLEY LANGDALE JR FOUNDATION INC
    EIN:
    58-6033293
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3I GROUP PLC UNSPONS ADR 17,363 17,745
    3M CO 40,632 40,533
    A.P. MOLLER-MAERSK B-UNSP ADR 17,539 15,770
    ABBOTT LABS 24,046 24,951
    ABBVIE INC 39,200 39,103
    ABERDEEN ASSET MGMT PLC ADR    
    ACADIA HEALTHCARE CO INC 20,703 18,829
    ACCENTURE PLC SEDOL B4BNMY3 ISIN I 17,654 21,991
    ACORDA THERAPEUTICS INC ACORDA 23,659 15,284
    ACTELION LTD - UNSP ADR 27,676 35,569
    ADECCO GROUP SA UNSPON ADR 28,179 19,749
    AES CORP 21,094 21,305
    AGCO CORP    
    AIR METHODS CORP NEW    
    AIRCASTLE LTD 18,609 16,285
    AKZO NOBEL NV SPONSORED ADR ONE ADR 34,546 32,071
    ALAMO GROUP INC 20,604 25,038
    ALASKA AIR GROUP INC    
    ALCOA INC 23,439 21,801
    ALIBABA GROUP HOLDING LTD SPONSORED 146,769 201,742
    ALIGN TECHNOLOGY INC 16,980 25,313
    ALIMENTATION COUCHE TARD-B    
    ALKERMES PLC 37,384 42,750
    ALLEGHANY CORP DEL 20,176 21,526
    ALLIED WORLD ASSURANCE CO HLDG SEDOL 21,360 20,938
    ALLSTATE CORP 62,424 64,752
    ALLY FINANCIAL INC    
    ALON USA ENERGY INC    
    ALPHABET INC CA-CL A 179,548 258,907
    ALPHABET INC CA-CL C 74,463 110,375
    ALTRIA GROUP INC 165,638 196,772
    AMARELLA, INC. 21,620 20,390
    AMAZON.COM INC 148,941 288,035
    AMBEV SA-ADR 20,291 24,049
    AMEC FOSTER WHEELER PLC SPON ADR 18,040 20,581
    AMERICAN AIRLINES GROUP 54,889 57,880
    AMERICAN CAMPUS COMMUNITIES 35,343 47,055
    AMERICAN EAGLE OUTFITTERS INC 18,288 21,057
    AMERICAN EXPRESS CO 59,030 51,296
    AMERICAN INTL GROUP INC 33,009 33,764
    AMERICAN NAT'L INS CO 20,340 23,782
    AMERICAN WOODMARK CORP 19,271 27,636
    AMERIPRISE FINANCIAL INC 55,567 58,166
    AMERISAFE INC. 20,610 25,569
    AMGEN INC 76,901 83,905
    AMN HEALTHCARE SERVICES INC 21,198 22,819
    AMTRUST FINANCIAL SERVICES    
    ANALOG DEVICES INC 15,801 15,855
    ANALOGIC CORP 23,060 26,314
    ANGLOGOLD ASHANTI LTD SPONSERED ADR 5,057 5,890
    ANSYS INC 18,803 18,985
    ANTHEM INC    
    APACHE CORPORATION 10,215 11,497
    APOLLO EDUCATION GROUP INC CL A    
    APPLE INC 162,820 165,731
    APPLIED MATERIALS INC 48,387 58,642
    APTARGROUP INC 18,614 22,449
    ARCH CAPITAL GROUP LTD 21,348 22,748
    ARCHER DANIELS MIDLAND CO 31,829 33,736
    ARM HLDGS PLC    
    ARTISAN PARTNERS ASSET MGMT 17,972 10,472
    ASAHI GLASS CO LTD - UNSP ADR 12,006 13,801
    ASBURY AUTOMOTIVE GROUP 20,495 12,470
    ASHLAND INC    
    ASPEN TECHNOLOGY INC 16,703 20,260
    ASSOC BRITISH FOODS-UNSP ADR 7,341 5,742
    ATLAS COPCO AB - SPONS ADR A 6,500 8,140
    ATMOS ENERGY CORP 20,621 29,416
    ATWOOD OCEANICS INC    
    AUSTRALIA & NEW ZEALAND BKG GR SPONS 20,578 17,550
    AUTO TRADER GROUP UNSP ADR 18,689 19,097
    AUTODESK INC 77,849 112,401
    AUTOMATIC DATA PROCESSING INC 29,286 32,193
    AUTOZONE INC 82,100 84,517
    AVERY DENNISON CORP 20,801 21,781
    AVIVA PLC    
    AXA SA SPONSORED ADR 68,211 57,044
    AZZ INC 17,967 21,865
    BALCHEM CORP 14,124 19,460
    BANCO LATINO AMERICANO DE COM 16,210 14,090
    BANCO SANTANDER S.A. ADR ONE ADR REP 28,165 21,256
    BANK HAWAII CORP COM 21,380 22,149
    BANK OF YOKOHAMA BKJAY    
    BANKUNITED INC 21,491 17,818
    BARCLAYS PLC SPONSORED ADR ONE ADR R 22,258 11,714
    BARRICK GOLD CORP 9,167 7,974
    BASF SE SPONSORED ADR 15,327 16,251
    BAYER A G SPONSORED ADRS ONE ADR REP 22,747 16,080
    BAYERISHE MOTOREN WERKE SPON ADR 25,349 19,212
    BEAZER HOMES USA INC 23,111 22,854
    BED BATH & BEYOND INC 151,759 103,378
    BELLE INTERNATIONAL HOLDINGS LTD UNS 24,661 14,747
    BENCHMARK ELECTRONICS INC    
    BERKSHIRE HATHAWAY INC CL B NEW 98,956 111,675
    BERRY PLASTICS GROUP INC 21,285 21,750
    BEST BUY INC 52,611 62,997
    BHP BILLITON PLC SPONSORED ONE ADR R 17,538 27,615
    BIG LOTS INC    
    BJ'S RESTAURANTS INC 17,733 13,687
    BLACK KNIGHT FINANCIAL CLASS A 21,492 22,536
    BLACKBAUD INC 20,342 23,551
    BLACKROCK INC 114,397 119,612
    BLOCK H & R INC 127,185 84,613
    BLOOMIN' BRANDS INC    
    BNP PARIBAS SPONSORED ADR 24,608 20,574
    BOEING CO 63,482 64,816
    BOISE CASCADE COMPANY    
    BONANZA CREEK ENERGY INC    
    BOTTOMLINE TECHNOLOGIES INC 21,787 18,555
    BP PLC SPONSORED ADR ONE ADR REPRS 6 40,845 40,786
    BRINKER INTL INC    
    BRISTOL MYERS SQUIBB CO    
    BROADRIDGE FIN SOLUTIONS INC 38,087 37,285
    BRYN MAWR BANK CORP 19,851 21,017
    BT GROUP PLC SPONSORED ADR ONE ADR R 39,701 28,482
    BUNZL PLC SPONS ADR 17,628 18,955
    BURLINGTON STORES INC 39,163 49,503
    CA INC 117,679 131,923
    CAL-MAINE FOODS INC 20,539 15,031
    CALATLANTIC GROUP INC 41,234 30,364
    CALLON PETROLEUM CO 54,111 72,911
    CALPINE CORP -W/I 20,438 16,432
    CANADIAN IMPERIAL BK OF COMMERCE 7,671 7,753
    CANTEL MEDICAL CORP    
    CANTEL MEDICAL CORP 20,270 29,476
    CAPCOM CO LTD ADR UNSPON 4,990 5,047
    CARDTRONICS INC    
    CARDTRONICS PLC 32,764 39,471
    CARLISLE CORP 20,781 20,514
    CARNIVAL CORP 175,623 173,165
    CARNIVAL PLC SPONSORED ONE ADR REPRS 7,880 8,344
    CASEY'S GENERAL STORES INC    
    CASH AMERICA INTL INC    
    CATALENT INC 22,495 20,155
    CAVCO INDUSTRIES INC 12,264 13,867
    CBOE HOLDINGS, INC 43,169 40,856
    CBS CORP CLASS B 72,515 85,066
    CEB INC 17,640 10,894
    CELANESE CORP SER A    
    CELGENE CORP 54,717 54,356
    CENTENE CORP DEL    
    CENTRAL JAPAN RAI UNSPON ADR 30,270 28,382
    CENTRICA PLC-SP ADR 7,681 7,114
    CENTURYLINK, INC. 129,008 123,270
    CERNER CORP 89,089 95,898
    CF INDS HLDGS INC    
    CHARLES RIVER LABORATORIES INTL 19,623 21,418
    CHATHAM LODGING TRUST 24,886 17,287
    CHEESECAKE FACTORY INC    
    CHEVRON CORP 81,072 84,600
    CHICAGO BRIDGE & IRON CO N V 15,896 8,409
    CHINA CONSTRUCTION BANK CORP - UNSPO 16,946 14,382
    CHUY'S HOLDINGS INC 19,281 15,227
    CINCINNATI FINANCIAL CORP 87,373 126,329
    CIRRUS LOGIC CORP 14,650 23,918
    CISCO SYSTEMS INC 286,632 333,219
    CIT GROUP INC    
    CITIGROUP INC 22,753 19,364
    CITIZENS FINANCIAL GROUP INC 17,436 16,556
    CITRIX SYSTEM INC 87,784 91,952
    CK HUTCHISON HOLDINGS LTD - UNSP ADR 39,743 21,768
    CLP HOLDINGS LTD SPONS ADR ONE ADR R 13,273 12,607
    CMS ENERGY CORP 16,769 20,753
    COACH INC    
    COCA COLA CO 322,408 330,308
    COCA-COLA AMATIL LTD -SP ADR 15,981 16,472
    COCA-COLA ENTERPRISES INC    
    COCA-COLA EUROPEAN PARTNERS 30,898 32,040
    COGNEX CORP 25,329 29,866
    COGNIZANT TECHNOLOGY SOLUTIONS CL A    
    COMCAST CORP CL A 90,776 92,876
    COMERICA INC 21,522 22,382
    COMFORT SYSTEMS USA INC 42,263 52,084
    COMMERCE BANCSHARES    
    COMMERCIAL METALS CO 18,945 20,238
    COMMUNICATIONS SALES & LEASING INC    
    COMPASS MINERALS INTERNATION 19,307 17,320
    CONOCOPHILLIPS    
    CONSTELLATION BRANDS INC CL A    
    CONSTELLATION SOFTWARE INC    
    CONTINENTAL AG SPONSORED ADR 6,356 6,310
    COOPER COS INC NEW 17,213 20,794
    COOPER-STANDARD HOLDING INC 19,977 19,859
    COPA HOLDINGS SA CL A 20,545 20,576
    COPART INC 19,531 22,442
    CORE LABORATORIES N V    
    CORELOGIC, INC. 21,516 20,904
    CORNING INC 48,588 57,540
    CORRECTIONS CORP OF AMERICA REIT    
    COSTAR GROUP INC 27,258 29,232
    COSTCO WHOLESALE CORP 83,065 83,881
    COVESTRO AG UNSPN ADR 8,225 9,463
    CREDIT ACCEPTANCE CORP MICH    
    CREDIT AGRICOLE SA UNSP ADR    
    CROWN HOLDINGS INC    
    CRYOLIFE INC 22,483 25,828
    CST BRANDS INC    
    CUBESMART    
    CUMMINS INC 19,460 21,657
    CVS HEALTH CORPORATION 90,276 88,100
    CYBERONICS INC    
    CYPRESS SEMICONDUCTOR CORP    
    D R HORTON INC 27,816 28,388
    DAIMLER AG 13,811 10,595
    DAITO TRUST CONSTRUCTION CO LTD SPN 25,252 38,734
    DAIWA SECURITIES GR -ADR 34,772 25,139
    DANAHER CORP DEL 51,885 52,521
    DANONE - SPONS ADR 151,530 172,900
    DANSKE BANK A/S - SPON ADR 21,747 22,621
    DARDEN RESTAURANTS INC    
    DAVE & BUSTER'S ENTERTAINMENT INC 20,645 22,724
    DBS GROUP HOLDINGS - SPONS ADR ONE A 23,450 17,157
    DCT INDUSTRIAL TRUST INC. 43,039 45,637
    DDR CORP 21,922 19,731
    DEAN FOODS CO 40,660 35,506
    DEERE & COMPANY 68,687 69,902
    DELL TECHNOLOGIES INC CL V 12,618 12,476
    DELUXE CORPORATION 20,636 22,051
    DEUTSCHE TELEKOM AG - SPON ADR 22,035 21,462
    DIAGEO PLC-SPONSORED ADR EACH ADR RE 132,048 145,746
    DIAMONDBACK ENERGY INC 19,053 27,997
    DICK'S SPORTING GOODS INC 21,064 19,568
    DOLLAR TREE INC 80,017 78,141
    DOMINION RES INC VA 44,236 49,018
    DOMINO'S PIZZA INC 21,295 22,018
    DORMAN PRODUCTS, INC. 23,690 31,311
    DOVER CORP 11,571 13,992
    DR PEPPER SNAPPLE GROUP INC 29,093 29,219
    DRIL-QUIP INC 13,061 10,033
    DTE ENERGY CO 20,811 20,420
    DUKE ENERGY CORPORATION 63,532 70,435
    DXP ENTERPRISES INC 22,796 23,962
    DYCOM INDS INC 20,862 26,579
    E M C CORP MASS    
    EAGLE BANCORP, INC 26,872 29,943
    EASTGROUP PPTY INC REIT 20,744 26,482
    EASTLERY GOVERNMENT PROPERITES 17,962 17,649
    EASTMAN CHEMICAL CO    
    EBIX INC 11,779 22,740
    ECOLAB INC 51,942 53,557
    EDISON INTERNATIONAL    
    EDWARDS LIFESCIENCES CORP 21,332 22,424
    EL PASO ELEC CO 20,478 26,893
    ELI LILLY & CO 120,534 114,371
    EMERSON ELECTRIC CO 57,392 66,775
    ENDO INTERNATIONAL SOLUTIONS INC 17,757 4,433
    ENDURANCE SPECIALTY HOLDINGS    
    ENERGEN CORP 18,643 27,994
    ENGINE-SPON ADR 16,014 13,327
    ENTEGRIS INC 22,186 27,889
    ERICSSON (LM) TEL SP ADR    
    ERSTE GROUP BANK AG SPONSORED ONE AD 29,915 31,260
    ESTERLINE TECHNOLOGIES CORP 24,093 19,542
    ETABLISSEMENTS DELHAIZE FRER SPONSOR    
    EURONET WORLDWIDE INC 50,228 60,882
    EVERBANK FINANCIAL CORP    
    EW SCRIPPS CO - CL A 24,196 17,570
    EXELON CORP 17,397 18,310
    EXPEDITORS INTL WASH 163,978 176,147
    EXPONET INC 20,659 23,488
    EXPRESS SCRIPTS HOLDING CO 79,780 64,747
    EXTERRAN HOLDINGS INC    
    FABRINET 15,993 37,902
    FACEBOOK INC - A 171,866 256,027
    FACTSET RESH SYSTEM INC 70,929 70,351
    FASTENAL CO 35,178 36,349
    FCB FINANCIAL HOLDINGS CL A 43,163 44,733
    FEDERATED INVS INC PA CL B    
    FEDEX CORP 33,090 34,936
    FERRARI NV 16,259 19,918
    FIDELITY NATIONAL FINANCIAL 21,539 20,965
    FIRST AMERICAN FINANCIAL CORP    
    FIRST AMERICAN FINANCIAL CORP 20,906 22,429
    FIRST FINL BANKSHARES INC 20,440 21,864
    FIRST HORIZON NATIONAL CORP 21,399 22,221
    FIRST REPUBLIC BANK SAN FRAN 26,866 32,386
    FIRSTCASH INC 20,507 31,026
    FIRSTENERGY CORP    
    FIVE BELOW, INC. 20,858 23,368
    FLEETCOR TECHNOLOGIES INC 21,353 22,759
    FLOWERS FOODS INC    
    FLUOR CORP    
    FOOT LOCKER INC    
    FORTIVE CORPORATION 17,101 17,306
    FORTUNE BRANDS HOME & SECURITY INC 21,206 19,289
    FORUM ENERGY TECHNOLOGIES INC 20,402 23,435
    FRESH DEL MONTE PRODUCE INC 20,749 32,047
    FTI CONSULTING, INC 20,732 21,834
    FUJI ELECTRIC HLDS UNSP ADR 17,462 19,987
    FUJI HEAVY INDUS UNSPONS ADR 19,255 19,282
    FULLER H B CO 18,991 24,211
    FULTON FINANCIAL CORP 16,034 17,918
    G-III APPAREL GROUP LTD 38,172 17,315
    G4S PLC UNSPON ADR 28,576 19,975
    GARTNER INC 28,870 29,631
    GEA GROUP AG - SPON ADR 15,270 17,213
    GENERAL DYNAMICS CORP 149,179 162,142
    GENERAL ELECTRIC CO 149,796 165,428
    GENERAL MILLS INC 172,780 176,181
    GENERAL MOTORS CO. 46,383 48,163
    GILEAD SCIENCES INC 40,357 39,639
    GIVAUDAN SA UNSPONSOR ADR 20,454 24,065
    GLACIER BANCORP, INC. 10,764 10,267
    GLAXOSMITHKLINE PLC ADR ORDINARY SHS 49,099 50,462
    GOOGLE INC CL A    
    GOOGLE INC CL C - W/I    
    GRAPHIC PACKAGING HOLDING CO    
    GRAY TELEVISION INC    
    GREATBATCH INC    
    GREENBRIER COMPANIES INC    
    GREENHILL & CO INC 23,430 13,246
    GROUP 1 AUTOMOTIVE INC    
    HALLIBURTON CO 15,960 17,952
    HALYARD HEALTH INC 22,789 22,182
    HANNOVER RUECKVERSICHER ADR 35,656 39,107
    HANOVER INSURANCE GROUP INC 19,250 18,704
    HARMAN INTL INDS INC 24,659 17,312
    HARTFORD FINL SVCS GROUP INC 37,891 37,553
    HASBRO INC 67,648 71,000
    HCI GROUP INC    
    HEALTHSOUTH CORP    
    HEARTLAND EXPRESS INC 16,332 15,104
    HEICO CORP 20,455 24,566
    HEIDELBERGCEMENT AG UNSP ADR 29,438 33,075
    HEINEKEN N V -SPN ADR    
    HELEN OF TROY LTD 20,834 18,096
    HENRY JACK & ASSOC INC    
    HESS CORPORATION    
    HEXAGON AB UNSP ADR 4,756 4,810
    HIBBETT SPORTS INC 30,732 29,726
    HILLENBRAND INC HILLENBRAND INC 24,500 26,135
    HITACHI LTD SPONSORED ADR EACH ADR R 25,617 18,047
    HITACHI METALS LTD UNSP ADR 9,538 9,733
    HOLLYFRONTIER CORPORATION    
    HOLOGIC INC    
    HOME DEPOT INC 78,205 79,782
    HONEYWELL INTERNATIONAL INC 64,411 66,456
    HORMEL FOODS CORP 21,041 21,772
    HSBC HOLDINGS PLC SPONS ADR NEW ONE 46,487 44,380
    HUNTINGTON BANCSHARES INC    
    HYPERMARCAS SA UNSP ADR 7,303 8,831
    IBERIABANK CORP 20,340 19,800
    ICON PLC ISIN: IE0005711209 SEDOL: B 18,803 21,664
    ICU MEDICAL INC 36,729 48,151
    IDEXX LABS CORP 34,893 43,965
    ILLINOIS TOOL WORKS INC 106,386 137,576
    IMPERVA INC.    
    INCITEC PIVOT LTD ADR 38,858 28,917
    INDRA SISTEMAS SA UNSP ADR 16,888 21,862
    INFINITY PPTY & CASUALTY CORP 20,404 21,897
    INGERSOLL - RAND PLC    
    INGRAM MICRO INC CL A 21,039 22,145
    INPHI CORPORATION 21,744 27,368
    INSPERITY, INC.    
    INSPERITY, INC. 20,616 29,056
    INTEGER HOLDINGS CORP 35,000 20,627
    INTEGRATED DEVICE TECH INC 25,372 27,951
    INTEL CORP 160,622 188,939
    INTER PARFUMS INC 27,023 27,300
    INTERDIGITAL INC 21,034 21,622
    INTERFACE INC    
    INTERNATIONAL BANCSHARES CRP 20,393 23,228
    INTERNATIONAL BUSINESS MACHINES    
    INTERVAL LEISURE GROUP    
    INTUITIVE SURGICAL INC    
    IPG PHOTONICS CORPORATION    
    ITAU UNIBANCO HOLDING, S.A - ADR 27,083 29,724
    ITV PLC    
    J C PENNEY CO INC    
    J P MORGAN CHASE & CO 27,189 26,636
    JABIL CIRCUIT INC    
    JACK IN THE BOX INC 43,891 46,915
    JANUS CAPITAL GROUP INC 24,904 21,057
    JAPAN AIRLINES CO. LTD. UNSPONSORED    
    JAPAN TOBACCO INC UNSPONSORED ADR 7,717 9,559
    JBS SA A-SPONSORED ADR    
    JOHNSON & JOHNSON 75,437 75,603
    JONES LANG LASALLE INC    
    JUNIPER NETWORKS INC 59,947 54,592
    KAJIMA CORP UNSP ADR 7,572 7,647
    KAO CORP SPONSORED ADR 13,057 15,736
    KAPSTONE PAPER AND PACKAGING KOOC    
    KBC GROEP NV UNSP ADR 6,168 6,115
    KDDI CORPORATION - UNSPONSORED ADR 21,168 26,915
    KINDER MORGAN INC. 137,838 83,962
    KIRBY CORP    
    KNIGHT TRANSN INC 13,029 13,915
    KOHLS CORP 56,282 54,250
    KONE OYJ -B- UNSPONSORED ADR 4,779 4,822
    KONINKLIJKE AHOLD DELHAIZE N V SPONS 25,783 32,538
    KONINKLIJKE AHOLD N V -SP ADR    
    KRAFT HEINZ CO    
    KRATON CORP 22,773 24,878
    KRISPY KREME DOUGHNUTS INC    
    KROGER CO/THE 30,278 29,086
    KT CORP SPONSORED ADR 16,555 21,026
    L OREAL CO ADR 15,827 16,624
    LA QUINTA HOLDINGS INC    
    LABORATORY CORP AMER HLDGS COM NEW 89,112 92,112
    LAKELAND FINANCIAL CORP 19,787 24,581
    LAMAR ADVERTISING CO A 20,608 23,185
    LAZARD LTD CL A    
    LEAR CORP 17,765 21,820
    LEGACYTEXAS FINANICAL GROUP, INC 23,640 28,467
    LEGG MASON CORE PLUS BOND PORTFOLIO 3,264,068 3,373,383
    LEIDOS HOLDINGS INC    
    LENNOX INTERNATIONAL INC 18,489 21,199
    LEVEL 3 COMMUNICATIONS INC    
    LIFELOCK, INC 18,509 20,456
    LINCOLN ELEC HLDGS INC 17,671 17,221
    LINCOLN NATIONAL CORP 7,460 7,376
    LIONS GATE ENTERTAINMENT COR    
    LITHIA MOTORS INC CL A 19,257 16,334
    LIVANOVA PLC 28,135 28,432
    LKQ CORP    
    LLOYDS BANKING GROUP PLC SPONS ADR O 22,495 11,767
    LOWE'S COMPANIES INC 66,075 70,982
    LUMINEX CORP DEL 20,543 21,470
    LVMH MOET HENNESSY LOUIS VUITTON - A    
    LYDALL INC 21,327 29,349
    LYONDELLBASELL INDUSTRIES - CL A SED 154,094 119,296
    M & T BK CORP    
    MACQUARIE GROUP LTD. ADR 22,452 26,336
    MACY'S INC 106,972 80,917
    MAGNA INTERNATIONAL INC    
    MANHATTAN ASSOCS INC 41,190 39,873
    MANITEX INTERNATIONAL INC 11,140 8,463
    MARATHON PETROLEUM CORP    
    MARINE HARVEST ASA-SPON ADR 10,023 17,024
    MARINEMAX INC    
    MARKEL CORP 20,917 21,362
    MARKETAXESS HOLDINGS INC 53,327 77,496
    MARRIOTT INTL INC NEW CL A 95,906 95,878
    MARRIOTT VACATIONS WORLDWIDE CORPORA 24,212 20,530
    MARSH & MCLENNAN COS INC 61,808 62,543
    MASTEC INC 20,474 27,212
    MASTERCARD, INC. 78,575 80,398
    MATADOR RESOURCES CO 25,121 26,896
    MATTRESS FIRM HOLDING CORP    
    MAXIMUS INC    
    MCCORMICK & CO COMMON NON-VOTING 43,218 43,965
    MCDERMOTT INTERNATIONAL INC    
    MCDERMOTT INTERNATIONAL INC 19,234 20,641
    MCDONALDS CORP 102,921 103,132
    MCKESSON CORP 59,860 56,695
    MEAD JOHNSON NUTRITION COMPANY    
    MEDASSETS INC MED ASSETS    
    MEDIVATION INC. MEDIVATION    
    MEDNAX, INC MEDNAX 18,764 16,563
    MEIJI HLDGS CO UNSPONS ADR 8,376 8,151
    MERCK & CO. INC. NEW 163,132 188,853
    MERCK KGAA UNSPONSORED ADR    
    METHODE ELECTRONICS INC 20,647 23,465
    METLIFE INC 20,386 15,995
    MICHAEL KORS HOLDINGS LIMITED ISIN:V 99,095 93,533
    MICROCHIP TECHNOLOGY INC 16,378 21,749
    MICROSEMI CORP 24,768 30,813
    MICROSOFT CORP 308,860 357,869
    MID-AMER APT CMNTYS INC REIT 21,703 27,727
    MIDDLEBY CORP 39,430 43,267
    MIMEDX GROUP INC    
    MITSUBISHI ELECTRIC CORP 24,118 23,557
    MITSUBISHI HEAVY INDUS LTD ORD    
    MITSUBISHI TANABE PHARMA CORP ADR 16,354 20,004
    MITSUBISHI UF J FINL GRP-ADR    
    MOBILE MINI INC    
    MOBILE TELESYSTEMS PJSC SPONSORED AD    
    MODINE MFGRS CO 18,040 20,221
    MOHAWK INDS INC 20,222 20,635
    MOL HUNGARIAN OIL SPONSORED ADR 7,773 7,713
    MONOLITHIC POWER SYSTEMS INC 20,769 33,247
    MONSANTO CO 10,239 11,446
    MONSTER BEVERAGE CORP 145,526 158,848
    MOSAIC CO - WI 188,234 100,677
    MOTOROLA SOLUTIONS INC SOLUTIONS, IN 71,216 76,738
    MSCI INC 38,186 40,123
    MULTI-COLOR CORPORATION 25,909 26,466
    MURATA MANUFACTURING CO LTD ADR 14,451 10,615
    MURPHY USA INC 18,139 19,267
    NABORS INDUSTRIES LTD 21,027 21,633
    NASDAQ, INC    
    NATIONAL BEVERAGE CORP 12,781 24,228
    NATIONAL HEALTH INVS INC REIT    
    NATIONAL OILWELL VARCO INC 114,248 119,368
    NATIXIS LOOMIS SAYLES CORE PLUS BOND 3,257,277 3,357,435
    NATURAL GROCERS BY VITAMIN COTT INC    
    NATUS MEDICAL INC 27,304 26,206
    NAVIENT CORP    
    NEENAH PAPER INC 37,970 51,673
    NESTE OYJ UNSPON ADR 22,046 30,485
    NESTLE SA - SPONS ADR 32,696 35,535
    NETAPP INC 60,169 67,091
    NETEASE, INC. ADR 7,214 12,039
    NEUSTAR INC CL A    
    NEWELL RUBBERMAID INC    
    NEWFIELD EXPL CO 40,017 42,852
    NEWMARKET CORP 91,867 88,011
    NEXT PLC    
    NIC INC 16,198 21,268
    NICE LTD SPONS ADR 7,637 8,033
    NICE SYS LTD LTD-SPONS ADR    
    NIPPON STEEL SUMITOMO METAL SPON ADR    
    NIPPON TELEG & TEL CORP SPONSORED AD 4,650 5,497
    NOBLE CORP PLC    
    NORDSON CORP    
    NORDSON CORP 37,565 45,332
    NORDSTROM INC 20,607 21,063
    NORFOLK SOUTHERN CORP 108,907 136,563
    NORSK HYDRO A/S 16,251 17,068
    NORTHERN TRUST CORPORATION    
    NORTHROP GRUMMAN CORP 103,925 139,495
    NOVARTIS A G ADR ONE ADR REPRS 1/20T 134,196 115,440
    NOVO NORDISK A/S SPONSORED ADR ONE A 156,071 121,401
    NRG ENERGY INC    
    NTT DOCOMO INC 54,338 62,255
    NUANCE COMMUNICATIONS INC    
    NUVASIVE INC 19,855 27,864
    NVIDIA CORP 10,492 22,817
    OGE ENERGY CORP 13,203 13,439
    OMEGA HEALTHCARE INVS INC 20,997 21,305
    OMNICOM GROUP INC 31,970 32,300
    ON ASSIGNMENT INC 22,904 21,774
    ONE GAS INC 16,283 20,655
    OPUS BANK 33,299 31,833
    ORACLE CORPORATION 231,089 227,078
    ORBOTECH LTD 21,483 31,772
    ORIX CORP 26,235 26,698
    ORKLA ASA - SPON ADR 14,780 16,949
    ORTHOFIX INTERNATIONAL NV 19,640 26,132
    OWENS ILL INC COM NEW 19,924 19,420
    OXFORD INDUSTRIES INC    
    PACCAR INC    
    PACKAGING CORP OF AMERICA 18,852 23,240
    PANDORA A/S - ADR 20,685 23,271
    PARKER HANNIFIN CORP 100,033 121,262
    PATRICK INDUSTRIES INC 20,586 33,561
    PATTERSON UTI ENERGY INC 16,802 20,580
    PAYCHEX INC 71,801 87,962
    PAYPAL HOLDINGS INC W/I    
    PENSKE AUTOMOTIVE GROUP, INC 23,163 22,163
    PENTAIR PLC    
    PERFICIENT INC 23,935 24,966
    PERRIGO CO LTD    
    PERSIMMON PLC UNSPON ADR 28,206 21,691
    PETROFAC LIMITED UNSPON ADR 23,876 23,044
    PFIZER INC 114,776 114,989
    PHILLIPS 66    
    PIER 1 IMPORTS INC    
    PINNACLE WEST CAP CORP 21,525 21,277
    POLYONE CORP 16,861 14,707
    POOL CORPORATION 16,845 22,685
    POPEYES LOUISIANA KITCHEN INC 20,548 18,333
    PORTLAND GEN ELEC CO 21,519 24,063
    POSCO ADR ONE ADR REPRS 1/4TH OF ORD 24,188 26,051
    POST HOLDINGS INC 31,076 38,817
    POST PROPERTIES INC 17,363 20,104
    POTASH CORP OF SASKATCHEWAN    
    POWER ASSETS HOLDINGS LIMITED SPON A    
    POWER INTEGRATIONS INC 17,072 23,321
    PRA GROUP INC    
    PREMIER INC CLASS A 15,440 14,876
    PRICELINE GROUP, INC.    
    PRICESMART INC 27,141 24,709
    PRIMERICA INC 40,730 45,182
    PRINCIPAL FINANCIAL GROUP 21,637 23,643
    PRIVATEBANCORP INC    
    PROASSURANCE CORP 25,850 28,864
    PROCTER & GAMBLE CO 111,687 129,958
    PROOFPOINT INC 24,856 30,015
    PROSPERITY BANCSHARES INC 20,125 19,486
    PROTO LABS INC 22,201 19,770
    PROXIMUS UNSPON ADR 12,883 10,934
    PYSICIANS REALTY TRUST 21,616 24,125
    QEP RESOURCES INC 37,413 40,349
    QUAKER CHEMICAL CORP 11,841 15,890
    QUALCOMM INC 162,071 181,936
    QUESTAR CORP    
    RANGE RESOURCES CORP 20,976 20,266
    RAYONIER ADVANCED MATERIALS 22,718 26,874
    RBC BEARINGS INC. 21,099 22,179
    REALPAGE, INC 21,074 23,387
    RECKITT BENCKISER GR - SPON ADR 16,693 18,120
    RED ELECTRICA CORPORATION SA - UNSPO 14,683 16,057
    RED HAT INC    
    REED ELSEVIER PLC - SPON ADR 9,758 11,496
    REGENERON PHARMACEUTICALS 82,856 79,198
    RELX NV - SPON ADR    
    RENASANT CORP 20,609 21,523
    RETAILMENOT INC 23,094 19,780
    REYNOLDS AMERICAN INC 50,178 63,275
    RIO TINTO PLC SPONSORED ADR ONE ADR 2,794 3,908
    RITCHIE BROS AUCTIONEERS INC 22,428 27,705
    ROCHE HOLDINGS LTD SPONSORED ADR ONE 22,735 20,199
    ROYAL CARIBBEAN CRUISES LTD    
    ROYAL DUTCH SHELL PLC-ADR    
    ROYAL KPN NV 29,447 25,439
    RPC INC 20,108 25,536
    RPM INTERNATIONAL INC RPM INC OHIO 46,689 51,034
    RSP PERMIAN INC 22,381 24,431
    RUTHS HOSPITALITY GROUP, INC. 20,639 18,074
    RYDER SYSTEM INC    
    RYLAND GROUP INC    
    SABMILLER PLC 20,584 23,064
    SAFRAN SA -UNSPN ADR 49,416 51,785
    SAFT GROUPE SA UNSPONS ADR    
    SAIA, INC. 23,267 17,826
    SANDERSON FARMS INC 20,530 26,972
    SANDISK CORP    
    SANOFI 53,560 41,245
    SANTANDER CONSUMER USA HOLD INC    
    SAP SE ONE ADR REPRS 1/12TH OF A PRE 17,045 20,293
    SBA COMMUNICATIONS CORP 21,616 21,086
    SCHEIN HENRY INC 28,937 29,336
    SCHLUMBERGER LTD 97,444 91,065
    SCHULMAN A INC    
    SCHULMAN A INC 18,819 13,919
    SCHWEITZER-MAUDUIT INTL INC 20,651 20,051
    SCRIPPS NETWORKS INTERAC SCRIPPS NET    
    SEAGATE TECHNOLOGY SEDOL B58JVZ5 IS 64,455 60,177
    SEALED AIR CORP    
    SEI INVESTMENTS COMPANY 110,880 102,987
    SEIKO EPSON CORP UN-SPONSORED    
    SELECTIVE INSURANCE GROUP INC 21,569 23,079
    SERVISFIRST BANCSHARES INC 20,911 23,879
    SHIN ETSU CHEMICAL CO - UNSPON ADR    
    SIEMENS AG SPONSORED ADR    
    SIGNATURE BANK 17,841 14,214
    SIRIUS XM HOLDINGS INC 20,612 23,085
    SIX FLAGS ENTERTAINMENT CORP    
    SKANDINAVISKA ENSKILDA BANKEN AB    
    SKYWORKS SOLUTIONS INC COM    
    SMITH (A.O.) CORP    
    SOCIETE GENERALE FRANCE SPONSORED AD 28,917 26,634
    SOLARWINDS INC    
    SOLERA HOLDINGS INC    
    SONY CORP SPONSORED ADR ONE ADR REPR 45,108 53,800
    SOUTH JERSEY INDUSTRIES 19,299 22,724
    SOUTHSIDE BANCSHARES INC 21,209 22,526
    SOUTHWESTERN ENERGY CO 19,629 20,981
    SPIRIT AEROSYSTEMS HOLDING-CL A 44,387 37,191
    SS&C TECHNOLOGIES HOLDINGS, INC. 20,330 20,898
    STAMPS.COM INC. 7,921 9,829
    STARBUCKS CORP 35,618 35,732
    STARWOOD HOTELS & RESORTS WORLDWIDE    
    STERICYCLE INC    
    STERIS CORP    
    STERIS PLC ISIN: GB00BVVBC028 SEDOL: 29,000 28,509
    STEVEN MADDEN, LTD. 20,631 17,556
    SUMITOMO CHEMICAL CO UNS ADR 13,327 12,524
    SUMITOMO MITSUI FINL GROUP INC - SPO 31,836 24,165
    SUMMIT HOTEL PROPERTIES, INC 21,701 23,359
    SUN COMMUNITIES INC 21,089 25,506
    SUPER MICRO COMPUTER, INC.    
    SUPERIOR ENERGY SVCS INC 12,644 11,188
    SVB FINANCIAL GROUP 31,484 25,977
    SWISS RE LTD. -SPN ADR 25,044 25,543
    SYKES ENTERPRISES INC 20,545 23,770
    SYNCHRONOSS TECHNOLOGIES, INC 14,787 14,742
    SYNCHRONY FINANCIAL    
    SYNOPSYS INC    
    SYNOVUS FINANCIAL CORP 20,446 21,958
    TAIWAN SEMICONDUCTOR MFG LTD SPONSOR 7,143 10,401
    TANGER FACTORY OUTLET CENTER REIT 13,963 16,714
    TARGET CORP 23,884 22,733
    TDK CORP ONE ADR REPRESENTS 1 ORDIN 25,419 21,834
    TE CONNECTIVITY LTD SEDOL B62B7C3 I 65,536 70,754
    TEAM HEALTH HOLDINGS, INC. 18,915 9,280
    TECH DATA CORP 20,443 30,496
    TEEKAY SHIPPING    
    TENNECO AUTOMOTIVE INC 28,206 29,543
    TERNIUM SA-SPONSORED ADR 9,324 8,343
    TESORO CORPORATION    
    TEVA PHARMACEUTICAL INDS SPONS ADR O 26,563 20,705
    TEXAS CAPITAL BANCSHARES INC 17,234 15,103
    THE GAP, INC.    
    THE MICHAEL COS INC 23,470 21,028
    TIME WARNER INC    
    TJX COS INC 74,617 73,658
    TOKIO MARINE HOLDINGS - ADR    
    TOOTSIE ROLL INDUSTRIES INC 25,148 29,501
    TOPBUILD CORP 19,350 18,592
    TORO CO 22,302 30,446
    TOTAL S A SPONSORED ADR ONE ADR RPR 24,893 24,327
    TOYOTA MOTOR CORP SPON ADR 7,373 6,383
    TRANSDIGM GROUP INC 19,990 23,130
    TRAVELERS COMPANIES, INC. 126,278 145,020
    TRAVELSKY TECHNOLOGY ADR H 7,560 14,709
    TREEHOUSE FOODS INC 16,049 17,438
    TRINITY INDUSTRIES    
    TRUSTMARK CORP 20,524 23,013
    TUI AG-UNSPON ADR 11,071 9,480
    TUPPERWARE BRANDS CORP 14,704 14,708
    TURKIYE GARANTI BANKASI A.S. - ADR 15,971 13,430
    TWENTY FIRST CENTURY FOX 25,790 22,428
    TYCO INTERNATIONAL PLC    
    TYLER TECHNOLOGIES INC 31,705 40,239
    TYSON FOODS 19,345 22,700
    ULTA BEAUTY INC 15,796 20,466
    ULTIMATE SOFTWARE GROUP INC 20,514 25,549
    UMPQUA HOLDINGS CORP 17,571 15,050
    UNIFI INC 17,851 16,157
    UNILEVER N V N Y SHS NEW ONE NY REPR 13,950 15,213
    UNILEVER PLC SPONSORED ADR ONE ADR R 29,212 31,284
    UNITED COMM BK BLAIRSVILLE GA 20,441 20,600
    UNITED CONTINENTAL HOLDINGS, INC 50,065 58,399
    UNITED HEALTH GROUP INC 77,674 81,200
    UNITED PARCEL SERVICE INC CL B 90,452 101,595
    UNITED TECHNOLOGIES CORP 26,291 26,213
    UNIVERSAL HLTH SVCS INC    
    UNIVERSAL INSURANCE HOLDINGS 18,988 27,594
    UPM-KYMMENE OYJ SPONS ADR 9,004 10,711
    URBAN OUTFITTERS INC 26,640 25,890
    US PHYSICAL THERAPY INC 24,498 28,842
    VAIL RESORTS INC 20,542 23,218
    VALEO SA 25,481 28,012
    VALERO ENERGY CORP 105,383 92,538
    VANTIV INC - CL A 18,478 20,426
    VARIAN MED SYS INC 119,313 136,058
    VASCULAR SOLUTIONS INC 19,783 27,539
    VCA, INC. 18,710 20,924
    VEECO INSTRS INC DEL 15,886 10,797
    VERIFONE SYSTEMS, INC. 16,440 7,555
    VERISK ANALYTICS INC 72,603 80,874
    VERIZON COMMUNICATIONS 219,122 224,294
    VIACOM INC CLASS B 35,973 22,441
    VISA INC - CLASS A SHRS 158,402 195,337
    VODAFONE GROUP PLC SP ADR 17,570 13,992
    VOESTALPINE AG UNSPON ADR    
    VOLKSWAGEN AG    
    VOYA FINANCIAL INC 40,248 28,330
    VWR CORP 20,585 19,710
    WABTEC 34,075 31,435
    WAGEWORKS INC. 20,586 29,846
    WALT DISNEY CO 57,496 57,573
    WATERS CORP 21,300 21,396
    WEB.COM GROUP INC.    
    WEBSTER FINANCIAL CORP 19,055 18,055
    WELLS FARGO & CO 150,724 118,892
    WELLS FARGO & COMPANY SERIES: V PERP 31,391 33,596
    WENDEL    
    WEST PHARMACEUTICAL SERVICES INC 43,498 55,130
    WESTERN ALLIANCE BANCORP 21,118 24,363
    WESTERN DIGITAL CORP 21,184 23,797
    WESTERN REFINING INC 25,188 16,008
    WESTPAC BANKING CORP LTD SPONSORED A 15,835 14,554
    WESTWOOD HOLDINGS GROUP INC 19,528 18,589
    WH GROUP LTD - ADR 13,169 13,356
    WHEELOCK & CO LTD-UNSPON ADR 23,299 26,839
    WHITBREAD PLC -UNSPON ADR 15,829 13,989
    WHITESTONES REIT 22,136 21,098
    WHOLE FOODS MKT INC 19,589 17,350
    WIENERBERGER AG SPON ADR 18,197 18,548
    WINCOR NIXDORF AG UNSP ADR    
    WINTRUST FINANCIAL CORP 24,532 26,007
    WISDOMTREE INVESTMENTS INC 20,859 13,211
    WOODSIDE PETROLEUM SPONSORED ADR 25,403 22,558
    WOODWARD INC 29,832 34,301
    WPP PLC - SPONSORED ADR 12,435 12,477
    WRIGHT MEDICAL GROUP NV 23,369 22,689
    WYNDHAM WORLDWIDE CORP 16,707 16,293
    XEROX CORP    
    XL GROUP LTD. CLASS-A ORDINARY    
    YAMAHA CORP SPONSORED ADR 11,175 13,158
    YARA INTERNATIONAL    
    YOKOGAWA ELECTRIC UNSP ADR 13,438 15,818
    YUM BRANDS INC 107,749 112,421
    ZEBRA TECHNOLOGIES CORP CL A 37,752 28,190
    ZIMMER BIOMET HOLDINGS INC    
    ZOETIS INC 20,282 22,934

    TY 2015 LandEtcSchedule2
    Name:
    HARLEY LANGDALE JR FOUNDATION INC
    EIN:
    58-6033293
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDINGS, EQUIPMENT, ETC 156,700 5,547 151,153 151,153
    LAND 20,000   20,000 20,000


    TY 2015 LegalFeesSchedule
    Name:
    HARLEY LANGDALE JR FOUNDATION INC
    EIN:
    58-6033293
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 3,438 3,438    


    TY 2015 OtherExpensesSchedule
    Name:
    HARLEY LANGDALE JR FOUNDATION INC
    EIN:
    58-6033293
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    MISCELLANEOUS EXPENSES 1,451 1,451    
    DUES & SUBSCRIPTIONS 2,793 2,793    
    INSURANCE 14,141 14,141    
    OFFICE EXPENSE 1,485 1,485    
    REPAIRS & MAINTENANCE 2,535 2,535    
    SECURITY 258 258    
    TELEPHONE 2,757 2,757    
    UTILITIES 4,112 4,112    


    TY 2015 OtherIncomeSchedule2
    Name:
    HARLEY LANGDALE JR FOUNDATION INC
    EIN:
    58-6033293
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANEOUS INCOME 35,627    
    DISTRIBUTION FROM AN ESTATE 1,173,000    
    DISTRIBUTION FROM A TRUST 433,866    
    INTEREST INCOME FROM NOTE REC 417,245    


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    HARLEY LANGDALE JR FOUNDATION INC
    EIN:
    58-6033293
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BROKERS FEES 224,045 224,045    
    CONSULTING 19,223 19,223    


    TY 2015 OtherReceivablesOfficersSch
    Name:
    HARLEY LANGDALE JR FOUNDATION INC
    EIN:
    58-6033293
    Travel Advance to Officers:  


    Item No. 1
    Borrower's Name THE LANGDALE COMPANY
    Borrower's Title N/A
    Original Amount of Loan 16900000
    Balance Due 16900000
    Date of Note 2015-04
    Maturity Date 1937-12
    Repayment Terms 23 YEARS
    Interest Rate 0.0335
    Security Provided by Borrower STOCK OF TLC
    Purpose of Loan A DISTRIBUTION OF DNI FROM ESTATE
    Description of Lender Consideration  
    Consideration FMV 16900000