990-pf return of private foundation990s.foundationcenter.org/990pf_pdf_archive/222/222664349/... ·...

990 PF OMB No 1545.0052Form - Return of Private Foundation

or Section 4947(aXl) Nonexempt Charitable Trust2012Treated as a Private Foundation

Department of the TreasuryInternal Revenue Service Note . The foundation may be able to use a copy of this return to satisfy state reporting requirements

For calendar year 2012 , or tax year beginning 10/01 , 2012, and ending 9/30 , 2013A Employer Identification number

The Eustace Foundation 22-2664349c/o Cabrini Asset Management , Inc. Telephone number (see the instructions)

700 S. Henderson Road # 202 610-945-1655King of Prussia, PA 19406

C If exemption application is pending, check here 01 F1G Check all that apply. Initial return Initial return of a former public charity

D 1 Foreign organizations, check here LIFinal return Amended return

Address change Name change 2 Foreign organizations meeting the 85% test, checkh d tt h t t

H Check type of organization: }{ Section 501 (c)(3) exempt private foundation

qere an a ac compu a ion

Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation E If private foundation status was terminated

I Fair market value of all assets at end of year J Accounting method: }( Cash11

Accrual under section 507(b)(1)(A), check here

(from Part II, column (c), line 16) ^ Other (specify) F If the foundation is in a 60-month termination$ 22 128 349. (Pa column (d) mustTieon cas^ibas/s^ under section 507(b)(1)(B), check here

Part Ana lysis O avenue andExpenses (The total of amounts in

(a) Revenue and (b) Net Investment (c) Adjusted net (d) Disbursements

columns (b), (c), and (d) may not neces-expenses per books income income for charitable

purposes (cashsanly equal the amounts in column (a) basis only)(see instructions).)

CsiD Contributions, gifts, grants, etc, received (att sch)

2 Ck " if the foundn is not req to aft Sch B

3 Interes on savings and temporarycash investments 267. 267. 267.

4 Dividends and interest from securities 271 , 175. 271 , 175. 271 , 175.5 a Gross rentsb Net rental income

or (loss) - -LA1 R 6 a Net gain/(loss) from sale of assets not on line 10 446 , 561.2 E b Gross sales price for all

446 561.7- y

< E

,7 assets on line 6aCapital gain net income (from Part IV, line 2) 446, 561.

(-) N 8 Net short-term capital gain 446 , 561.0) U 9 Income modifications

E 10a Gross sales lessreturns andallowances

b Less Cost ofgoods sold

c Gross profit/(loss) (aft sch)11 Other income (attach schedule)

12 ota .Add lines 1 through 11 . 718 003. 718 003. 718 003.13 Compensation of officers, directors, trustees, etc.

14 Other employee salaries and wages

15 Pension plans, employee benefits

A 16a Legal fees (attach schedule) I ^

D b Accountin fees (attach sch)M g . . .

rN

c Other prof fees (attach sch)

IP

17 Interest o K C 94 4 •

E T 18 Taxes (attach schadulexsee msbs) See Stm 1 2 , 105. 191. 1 I oCA AT TI

19 Depreciation (attachsch) and depletion ®G®E

IUT

Nv 20 Occupancy

G E 21 Travel, conferences, and meetingsA EN

22 Printing and publications

P 23 Other expenses (attach schedule)

N See Statement 2 194,014. 157,087.S

E 24 Total operating and administrative

sexpenses . Add lines 13 through 23 196 119. 157 , 278.

25 Contributions, gifts, grants paid. . . 1 , 360 699. 1 , 360 , 699.26 Total expenses and disbursements.

Add lines 24 and 25 1 , 556 , 818. 157 278. 0. 1 , 360 , 699.27 Subtract line 26 from line 12:

a Excess of revenue over expensesand disbursements -838 , 815.

b Net investment income (if negative, enter -0-) 560 , 725.C Adjusted net Income ( if negative, enter -0- ) 718,003.

BAA For Paperwork Reduction Act Notice, see instructions . TEEA0504L 12123112 Form 990-PF (2012)

V \

• Form 996-PO (2012) The Eustace Foundation 22-266 4349 Attached schedules and amounts in the description

ltP rt II B l Sh tBeginning of year End of year

s on ys column should be for end - of-year amounancea a ee(see instructions (a) Book Value (b) Book Value (c) Fair Market Value

1 Cash - non - interest - bearing

2 Savings and temporary cash investments 1 , 196 , 879. 643 196. 643 196.3 Accounts receivable '

- - - - - - - - - -Less : allowance for doubtful accounts 11

--

4 Pledges receivable

Less : allowance for doubtful accounts----------

5 Grants receivable .

6 Receivables due from officers , directors, trustees , and otherdisqualified persons (attach schedule) ( see instructions) 2 , 100.

5

7 Other notes and loans receivable (attach sch)

- - - - - - - - - -Less . allowance for doubtful accounts 11- - ---- -------- - - - -

S---------

8 Inventories for sale or use

ET

9 Prepaid expenses and deferred charges

S 10a Investments - U.S and state governmentobligations (attach schedule} .

b Investments - corporate stock (attach schedule) 8 , 675 , 409. 8 , 237 , 067. 11 , 305 , 853.

c Investments - corporate bonds ( attach schedule) ... . 7 , 008 , 68 1 . 6 , 61-6 , 448. 6 , 76-2 , 987.

11 Investments - land, buildings, andequipment : basis - - - - - - - - - - -Less. accumulated depreciation(attach schedule ) . ' __________

12 Investments - mortgage loans 275 , 500.13 Investments - other (attach schedule) 78 5 162. 861 014 . 2 , 287 , 897.

14 Land, buildings, and equipment : basis'- -- ------ -- ------------

Less: accumulated depreciation(attach schedule ) .

-

_ _ _ _ _ _ _ _ _

15 Other assets (describe ' See Statement 3 ) 420 028 . 1 , 128 , 416. 1 , 12-8 , 416.----------------16 Total assets (to be completed by all filers -

see the instructions Also, see page 1, item I) 18 363, 759 . 17 486 141. 2-2 , 12-8 , 349.L 17 Accounts payable and accrued expenses

IA 18 Grants payable

B 19 Deferred revenue

^ 20 Loans from officers, directors, trustees , & other disqualified persons

1 21 Mortgages and other notes payable (attach schedule)

T 22 Other liabilities (describe'

ES 23 Total liabilities (add lines 17 through 22) 0. 0.

N F

Foundations that follow SFAS 117, check hereand complete lines 24 through 26 and lines 30 and 31.

24 UnrestrictedE UT N 25 Temporarily restricted

D 26 Permanently restricted

S BS AE LT A

Foundations that do not follow SFAS 117, check here ' Xand complete lines 27 through 31.

27 Capital stock , trust principal , or current funds

S N 28 Paid-in or capital surplus, or land , building , and equipment fund

C0 E 29 Retained earnings, accumulated income, endowment, or other funds 18 363 759. 17 486 141.R S 30 Total net assets or fund balances (see instructions) 18, 363 759. 17 486 141.

31 Total liabilities and net assetslfund balances(see instructions ) 18, 363, 759 . 17 , 486 141.

Part III I Ana lysis of Changes in Net Assets or Fund Ba lances

1 Total net assets or fund balances at beginning of year - Part II, column (a), line 30 (must agree withend-of -year figure reported on prior year ' s return) 1 18 , 363 , 759.

2 Enter amount from Part I , line 27a 2 -838 , 815.

3 Other increases not included in line 2 ( itemize) ' 3-----------------------------

4 Add lines 1 , 2, and 3 4 17 , 524 , 944.5 Decreases not included in line 2 ( Itemize) . . ' See ement 4Stat 5 38 , 803._ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ___ _ _ _

6 Total net assets or fund balances at end of year (line 4

_

minus line 5) - Part II , column (b), line 30 6 17,486,141.

BAA TEEA0302L 12/06/12 Form 990•PF (2012)

Fora;990-PF (2012) The Eustace Foundation 22-2664349 ate, Capita l Gains and Losses for Tax on I nvestment I ncome

(a) List and describe the kind(s) of property sold (e.g., real estate,2-story brick warehouse; or common stock, 200 shares MLC Company)

How acquiredP - PurchaseD - Donation

(C) Date acquired(month, day, year)

Date sold(month, day, year)

1a BNYMellon-See Attached Listing P Various Variousb BNY Mellon-Capital Gain Distributions P Various Variou scd

e

(e) Gross sales price (f) Depreciation allowed(or allowable)

(g) Cost or other basisplus expense of sale

(h) Gain or (loss)(e) plus (f) minus (g)

a 334 405. 334 405.b 112 156. 112 156.Cd

e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (I) Gains (Column (h)(i) Fair Market Value

as of 12/31/69(j) Adjusted basisas of 12/31/69

(k) Excess of column (1)over column 0), if any

gain minus column (k), but not lessthan -0-) or Losses (from column (h))

a 334 405.b 112 156.c

d

e

2 Capital gain net income or (net capital loss) If gain, also enter in Part I, line 7If (loss), enter -0- In Part I, line 7 ] 2 446 , 561.

3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):

If gain, also enter in Part I, line 8, column (c) (see instructions) If (loss), enter -0-in Part I, line 8 3 446 561.

11Pa,, rt y I 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.) N/A

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 ? E]Yes No

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

1 Enter the appropriate amount in each column for each year ; see the instructions before making any entries.

Base ^periodCalendar pe (or tax

years

beginniear ng in)year

(b)Adjusted qualifying distributions

(c)Net value of

noncharltable-use assets

(d)Distribution ratio

(column (b) divided by column (c))

2011

2010

2009

2008

2007

2 Total of line 1, column (d) 2

3 Average distribution ratio for the 5-year base period - divide the total on line 2 by 5, or by thenumber of years the foundation has been in existence if less than 5 years 3

4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5 4

5 Multiply line 4 by line 3 5

6 Enter 1 % of net investment income (1 % of Part I, line 27b) 6

7 Add lines 5 and 6 7

8 Enter qualifying distributions from Part XII, line 4 8

If line 8 is equal to or greater than line 7, check the box in Part VI, line l b, and complete that part using a 1 % tax rate See thePart VI instructions.

BAA Form 990-PF (2012)

TEEA0303L 12/06/12

'Form 990-PF (2012) The Eustace FoundationPart Excise Tax Based on I nvestment Income

22-2664349 or 4948 - see instructions)

1 a Exempt operating foundations described in section 4940(d)(2), check here ' u and enter 'N/A' on line 1.

Date of ruling or determination letter: (attach copy of letter if necessary - see instrs)

b Domestic foundations that meet the section 4940(e) requirements in Part V,

check here ' Dand 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, column (b)

11,215.

2 Tax under section 511 (domestic section 4947 (a)(1) trusts and taxablefoundations only. Others enter - 0-) 2 0.

3 Add lines 1 and 2 . . . 3 11 , 215.4 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 11 , 215.6 Credits/Payments:

a 2012 estimated tax pmts and 2011 overpayment credited to 2012 6a

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 0.

8 Enter any penalty for underpayment of estimated tax Check here if Form 2220 is attached 8 14.9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed ' 9 11 , 229.10 Overpayment . If line 7 is more than the total of lines 5 and 8 , enter the amount overpaid 10

11 Enter the amount of line 10 to be: Credited to 2013 estimated tax Refunded ! 11

Part Statements ff-eaard ina Activities

1 a During the tax year, did the foundation attempt to influence any national, state, or local legislation or did itparticipate or intervene in any political campaign?

b Did it spend more than $100 during the year (either directly or indirectly) for political purposes(see the instructions for definition)? .. . .

If the answer is 'Yes' to 1a or 1b, attach a detailed description of the activities and copies of any materials publishedor distributed by the foundation in connection with the activities

c Did the foundation file Form 1120-POL for this year?d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation ' $ 0. (2) On foundation managers 1-$

e Enter the reimbursement (if any) paid by the foundation uring the year for political expenditure tax imposesfoundation managers. ' $ 0.

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

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

3 Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articlesof incorporation, or bylaws, or other similar instruments? If 'Yes,' attach a conformed copy of the changes

4 a Did the foundation have unrelated business gross income of $1,000 or more during the year'

b If 'Yes,' has it filed a tax return on Form 990-T for this year?

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

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 conflictwith the state law remain in the governing instrument?

7 Did the foundation have at least $5,000 in assets at any time during the year? If 'Yes,' complete Part 1l, column (c), and PartXV

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

PA

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 G7 If 'No,'attach explanation.

Yes No

1a X

1b X

1c X

0.

3 X

4a X

4b N IA

5 X

6 X

7 X

8b X

9 Is the foundation claiming status as a private operating foundation within the meaning of section 4942(1)(3) or 4942(1)(5) IIfor calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)? If 'Yes,' complete Part XIV 9 X

10 Did any persons become substantial contributors during the tax year? If 'Yes,' attach a schedule listing their namesand addresses .

BAA1 10 I 1 X

Form 990-PF (2012)

TEEA0304L 12/07/12

Form 990-PF (2012) The Eustace Foundation 22-2664349 art - Statements Regard ing Activities (continued)

11 At any time during the year, did the foundation, directly or indirectly, own a controlled entitywithin the meaning of section 512(b)(13)? If 'Yes', attach schedule (see instructions) 11 X

12 Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person hadadvisory privileges? If 'Yes,' attach statement (see instructions) .. . . 12 X

13 Did the foundation comply with the public inspection requirements for its annual returns and exemption application? . 13 X

Website address ' http_ // fdncenter_ orq/grantmaker/eustace14 The books are in care of-- J. Eustace Wolf ington Telephone no. ` 610-945-1655_____________

-----------Beachat' 864 Indian Lane Vero Beach FL ZIP+4 ► 32963- -----------

-----------------------------------• ----------

15 Section 4947(a)(1) nonexempt chantable trusts filing Form 990-PF in lieu of Form 1041 - Check here -N/A

and enter the amount of tax-exempt interest received or accrued during the year - 1 15 N/A

16 At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over a Yes No

bank, securities, or other financial account in a foreign country? . 16 X

See the instructions for exceptions and filing requirements for Form TD F 90-22.1. If 'Yes,' enter the name of theforeign country 11

Part- Statements egar ing ctivities or tc orm ay a equireFile Form 4720 if any item is checked in the 'Yes' column, unless an exception applies. Yes No

1 a 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? [Yes No

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from) adisqualified person? . . Yes X No

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? .. Yes X No

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? Yes X No

(5) Transfer any income or assets to a disqualified person (or make any of either availablefor the benefit or use of a disqualified person)? [Yes No..

(6) Agree to pay money or property to a government official? (Exception . Check 'No' if thefoundation a reed to make a rant to or to em lo the off c al for a er od fter term n ntg g p y i i p i ia a ioof government service, if terminating within 90 days)

11 Yes No

b If an answer is 'Yes' to la(1)-(6) of the acts fail to qualifdid an under the exceptions described iny , y yR l 4941t t 53 d 3 t t d d t t t ?ions sec ( or in a currenegu a ion . )- no ice regar ing isas er assis ance (see ins ructions) 1 b N AOrganizations relying on a current notice regarding disaster assistance check here

c Did the foundation engage in a prior year in any of the acts described in 1 a, other than excepted acts, -- -- -1that were not corrected before the first day of the tax year beginning in 2012? 1 c X

2 Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was aprivate operating foundation defined in section 49420)(3) or 49420)(5)):

a At the end of tax year 2012, did the foundation have any undistributed income (lines 6dand 6e, Part XIII) for tax year(s) beginning before 2012. [Yes No

If 'Yes,' list the years 20 , 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) toall years listed, answer 'No' and attach statement - see instructions.) ... .. 2b N A

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

20 , 20 20 20--

3a Did the foundation hold more than a 2% direct or indirect interest in any businessente at th eat d ? [ Y Nrprise any ime uring re y es o

b If 'Yes,' did it have excess business holdings in 2012 as a result of (1) any purchase by the foundationor disqualified persons after May 26, 1969; ( the lapse of the 5 -year period (or longer period approvedby 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, todetermine if the foundation had excess business holdings in 2012.) 3b N A

4a Did the foundation invest during the year any amount in a manner that would jeopardize itscharitable purposes? 4a X

b Did the foundation make any investment in a prior year (but after December 31, 1969) that couldjeopardize its charitable purpose that had not been removed from jeopardy before the first day of ---

Jthe tax year beginning in 2012? 4b X


TEEA0305L 12/07/12

Form 990-PF (2012) The Eustace Foundation 22-2664349 orm

5 a 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))' LI Yes © No

(2) Influence the outcome of any specific public election (see section 4955); or to carryon, directly or indirectly, any voter registration drive' Yes No

(3) Provide a grant to an individual for travel, study, or other similar purposes? Yes No

(4) Provide a grant to an organization other than a charitable, etc, organization describedin section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions) . Yes No

(5) Provide for any purpose other than religious, charitable, scientific, literary, oreducational purposes, or for the prevention of cruelty to children or animals? Yes No

b If any answer is 'Yes' to 5a(1)-(5), did any of the transactions fail to qualify under the exceptionster assistancen Re n t 4945 r n nt n re ardin disad b d l t 53 tescri gu ion i a curre g ge i a io s sec . o o ice s -- -

(see instructions)? .... . . 5 b N AOrganizations relying on a current notice regarding disaster assistance check here .. . .

c If the answer is 'Yes' to question 5a(4), does the foundation claim exemption from thetax because it maintained expenditure responsibility for the grant' .. N/A Yes No

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 premiumson a personal benefit contract? .. . ..

11Yes

N No

b Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? 6 b X

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? UYes ^No

b If 'Yes,' did the foundation receive any proceeds or have any net income attributable to the transaction? . N/A 7 b

art I n formation out Officers , D irectors, Trustees , Foun dation Managers , H ig hly ai Emp loyees,and Contractors

1 List all officers. directors. trustees . foundation manaaers and their comaensation (see instructions).

(a) Name and address

(b)Title, and averagehours per week

devoted to position

(c)Compensation(If not paid ,enter -0-)

(d) Contributions toemployee benefitplans and deferred

compensation

(e) Expense account,other allowances

_J.E_ustaceWo1fington864 Indian-Lane-----------------------Vero Beach FL 32963

- Trustee1.00

0. 0. 0.

------------------------------------------------

------------------------------------------------

------------------------

------------------------

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

(a) Name and address of each employeepaid more than $50,000

(b)Title, and averagehours per week

devoted to position

(c) Compensation (d)Contributions toemployee benefitplans and deferred

compensation

(e) Expense account,other allowances

None --------------------------------------------

-------------------------------------------------

------------------------------------------------

------------------------------------------------

------------------------------------------------

Total number of other emolovees Daid over $50.000BAA TEEA0306L 12/25/12 Form 990-PF (2012)

• Form 990-PF (2012) The Eustace Foundation 22-2664349 •a,iiLLV n n ormation out Officers , D irectors, Trustees , Foundation Managers , H ig hly Paid Emp loyees,

and Contractors (continued)

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 . '^ 0

Part IX^=rA 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 I Expensesorganizations and other beneficiaries served, conferences convened, res earch papers produced, etc

1 N/A----------------------------------------------------------------------------------------------------------

2

3

4

Part I^ 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

------------------------------------------------------N/A------------------------------------------------------

2------------------------------------------------------

------------------------------------------------------

All other program-related investments See instructions

3------------------------------------------------------------------------------------------------------------

Total. Add lines 1 through 3 D.1 0.


TEEA0307L 12/22/12

Form 99O-PIP (2012) The Eustace Foundation 22 -2664349 art{, Minimum investment Return- (All domestic foundations must complete this part. Foreign oun ations,

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 la 14 , 584 , 827.b Average of monthly cash balances . . . . . .. lb 255 , 656.c Fair market value of all other assets (see instructions). 1c 4 , 131 , 014.d Total (add lines 1 a, b, and c) . . 1 d 18 ,971,497.e Reduction claimed for blockage or other factors reported on lines la and lc

(attach detailed explanation) . . . 1 e 0 .

2 Acquisition indebtedness applicable to line 1 assets . . . 2 0.

3 Subtract line 2 from line 1 d 3 18 , 971 , 497.

4 Cash deemed held for charitable activities Enter 1-1/2% of line 3(for greater amount, see instructions) . .. . . 4 284 , 572.

5 Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4 5 18 , 686 , 925.6 Minimum investment return . Enter 5% of line 5 6 934 346.

4art Distri buta ble Amount (see Instructions (Section 49420)(3) and (j) private operating oun atlonsand certain foreign organizations check here and do not complete this part.)

1 Minimum investment return from Part X, line 6 . . . . . 1 934 346.2a Tax on investment income for 2012 from Part VI, line 5 2a 11 , 215. Wigb Income tax for 2012 (This does not include the tax from Part VI) 2bc Add lines 2a and 2b . . . . 2c _ 11 , 215.

3 Distributable amount before adjustments. Subtract line 2c from line 1 . . .. 3 923 , 131.4 Recoveries of amounts treated as qualifying distributions. . 4

5 Add lines 3 and 4 . ... 5 923 , 131.6 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 7 923 , 131.

Part3Xll 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 . . la 1 , 360 , 699.b Program-related investments - total from Part IX-B .. lb

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 1 a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4 . 4 1 , 360 , 699.

5 Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment incomeEnter 1% of Part I, line 27b (see instructions) 5

6 Adjusted qualifying distributions . Subtract line 5 from line 4 6 1 , 360 , 699.

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


TEEA0308L 12/22112

For 990-Pr(2012) The Eustace Foundation 22-2664349

Part XIII Undistributed Income (see instructions)

1 Distributable amount for 2012 from Part XI,line 7

2 Undistributed income, if any, as of the end of 2012:

a Enter amount for 2011 only

b Total for prior years : 20 20 20

3 Excess distributions carryover, if any, to 2012.

a From 2007 60 , 522.b From 2008 9 , 260.c From 2009 83 , 165*d From 2010 132 881.eFrom 2011 1,318,217.f Total of lines 3a through e

4 Qualifying distributions for 2012 from Part

XII, line 4: 1 $ 1, 360, 699.

a Applied to 2011, but not more than line 2a

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 2012 distributable amount

e Remaining amount distributed out of corpus

5 Excess distributions carryover applied to 2012(If an amount appears in column (d), thesame amount must be shown in column (a).)

6 Enter the net total of each column asindicated below:

a Corpus. Add lines 3f, 4c, and 4e Subtract line 5

b Prior years' undistributed income Subtractline 4b from line 2b

c Enter the amount of prior years' undistribut-ed income for which a notice of deficiencyhas been issued, or on which the section4942(a) tax has been previously assessed

d Subtract line 6c from line 6b Taxableamount - see instructions

e Undistributed income for 2011. Subtract line 4a fromline 2a. Taxable amount - see instructions

f Undistributed income for 2012 Subtract lines4d and 5 from line 1 This amount must bedistributed in 2013

7 Amounts treated as distributions out ofcorpus to satisfy requirements imposedby section 170(b)(1)(F) or 4942(g)(3)(see instructions)

8 Excess distributions carryover from 2007 notapplied on line 5 or line 7 (see instructions)

9 Excess distributions carryover to 2013.Subtract lines 7 and 8 from line 6a

10 Analysis of line 9:

a Excess from 2008 9,260.b Excess from 2009 83,16 5.c Excess from 2010 132 , 881.d Excess from 2011 1,318,217.e Excess from 2012 1,360,699.

BAA

(a)(b) (c,Corpus Years prior to 2011 2011

0.

0.

0.

0.

2,964,744.

0.

0.

0.

0.

60.522.

2

TEEA0309L 12/23/12

2012

0.

0.

0.

Form 990-PF (2012)

'Form 990-PF (2012) The Eustace Foundation 22-2664349 IIIart 4 ' P rivate Operating Foundations (see instructions and art VII-A , question 9) N/A

1 a If the foundation has received a ruling or determination letter that it is a private operating foundation, and the rulingis effective for 2012, enter the date of the ruling

b Check box to indicate whether the foundation is a private operating foundation described in section 49420)(3) or 49420)(5)

2a Enter the lesser of the adjusted net Tax year Prior 3 yearsincome from Part I or the minimuminvestment return from Part X for (a) 2012 (b) 2011 (c) 2010 (d) 2009 (e) Total

each year listed

b 85% of line 2a

c Qualifying distributions from Part XI I,line 4 for each year listed

d Amounts included in line 2c not used directlyfor active conduct of exempt activities

e Qualifying distributions made directlyfor active conduct of exempt activitiesSubtract line 2d from line 2c

3 Complete 3a, b, or c for thealternative test relied upon:

a 'Assets' alternative test - enter.

(1) Value of all assets

(2) Value of assets qualifying undersection 49420)(3)(B)(i)

b 'Endowment' alternative test - enter 2/3 ofminimum investment return shown in Part X,line 6 for each year listed

c 'Support' alternative test - enter:

(1) Total support other than grossinvestment income (interest,dividends, rents, paymentson securities loans (section512(a)(5)), or royalties)

(2) Support from general public and 5 ormore exempt organizations as providedin section 4942(j)(3)(B)(nQ

(3) Largest amount of support froman exempt organization

(4) Gross investment income

art Supplementary Information (Complete this part only if the foundation had $5 ,000 or more inassets at any time during the year - see instructions.)

1 Information Regarding Foundation Managers:a List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation before theclose of any tax year (but only if they have contributed more than $5,000) (See section 507(d)(2).)

J. Eustace Wolfington

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

None

2 Information Regarding Contribution, Grant , Gift, Loan , Scholarship , etc, Programs:Check here I RX if the foundation only makes contributions to preselected charitable organizations and does not accept unsolicitedrequests for funds If the foundation makes gifts, grants, etc (see instructions) to individuals or organizations under other conditions,complete items 2a, b, c, and d

a The name, address, and telephone number or e-mail of the person to whom applications should be addressed

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

c Any submission deadlines-

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

BAA TEEA0310L 12/23/12 Form 990-PF (2012)

Form 990-01F (2012) The Eustace Foundation 22-2664349 [paw Supplementary I n formation (continued)3 Grants and Contributions Paid During the Year or Approved for Future Payment

RecipientIf recipient is an individual,show any relationship to any

foundation manager or

Foundationstatus of Purpose of grant or

cont b tAmount

Name and address (home or business) substantial contributor recipient ri u ion

a Paid during the year

Total ► 3ab Approved for future payment

Total 3 bj

BAA TEEAO5O1L 12/23/12 Form 990-PF (2012)

Form 9^0-PF (2012) The Eustace Foundation 22-2664349

Part XVI -A Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated . Unrelated business income Excluded by section 512, 513, or 514

1 Program service revenue-

a

b

c

d

e

f

g Fees and contracts from government agencies

2 Membership dues and assessments

3 Interest on savings and temporary cash investments

4 Dividends and interest from securities

5 Net rental income or (loss) from real estate:

a Debt-financed property

b Not 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

9 Net income or (loss) from special events

10 Gross profit or (loss) from sales of inventory

11 Other revenue

(a) (b) (c) (d) Related or exemptBusiness Amount Exclu- Amount function incomecode sion (See instructions.)

code

267.271,175.

446,561

a

b

c

d

e

12 Subtotal Add columns (b), (d), and (e) 718, 003.

13 Total . Add line 12, columns (b), (d), and (e) 13 718,003.

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

Part XVI-B Relationship of Activities to the Accomplishment of Exempt Purposes

BAA TEEA0502L 12/23/12 Form 990-PF (2012)

• Form 990-PF (2012) The Eustace Foundation 22-2664349 Pag e 13

Part XVII Information Regard ing Trans ers To an ransactions and Relationsh ips With one arita eExempt Organizations

=u'4- Yes No1 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?

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

(1) Cash 1 a (1) X

(2) Other assets. . . 1 a (2) X

b Other transactions: ^'= =J

(1) Sales of assets to a noncharitable exempt organization 1 b (1) X

(2) Purchases of assets from a noncharitable exempt organization . ... .. .. 1 b (2) X

(3) Rental of facilities, equipment, or other assets 1 b (3) X

(4) Reimbursement arrangements 1 b (4) X

(5) Loans or loan guarantees 1 b (5)1 1 X

(6) Performance of services or membership or fundraising solicitations 1 b (6) X

c Sharing of facilities, equipment, mailing lists, other assets, or paid employees. 1 c X

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

N/A

2a Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizationsdescribed in section 501(c) of the Code (other than section 501 (c)(3)) or in section 527 ? Yes a No

b If 'Yes,' complete the following schedule.

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

N/A

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 inf

SignHere

Signatur officer or trust a Date

7finVrype preparer's na a Preparer's signature

Paid // Leonard W. Muscelli, CPA Leonard W. Mu

Preparer Firm's name LEONARD W MUSCELLI CPA

Use Only Firm's address PO BOX 171

CEDARS, PA 19423-0171

BAA

TEEA0503L

Eustace Foundation # 22-2664349-Part II, Line 13 Partnerships Cost/FMV at 9130/2013

AG Super Fund LPInverness Capital Partners LPTOTAL Investments -Partnerships

Cost Basis Market Value500,000 1,737,185361,014 550,712861,014 2,287,897

Eustace Foundation # 22-2664349-Part II. Line 13 Partnerships Cost/FMV at 9/30/2012Cost Basis Market Value

AG Super Fund LP 500,000 1,405,553Inverness Capital Partners LP 285.162 528,290TOTAL Investments-Partnerships 785,162 1,933,843

Eustace Foundation # 22-2664349-Part II. Line 10 (c) Corporate Bonds Cost/FMV at 913012013Cost Basis Market Value

O'Neill Properties Group 2,970,000 2,970,000Circle Media, LLC 300,000 300,000Mellon-See Attached Listing 3.346.448 3,492,987TOTAL Investments -Corporate Bonds 6,616,448 6,762,987

Eustace Foundation # 22-2664349-Part II. Line 10 (c) Corporate Bonds Cost/FMV at 9130/2012Cost Basis Market Value

O'Neill Properties Group 2,970,000 2,970,000Circle Media, LLC 300,000 300,000Mellon-See Attached Listing 3.738.681 4.013.932TOTAL Investments -Corporate Bonds 7,008,681 7,283,932

Eustace Foundation # 22-2664349-Part II, Line 10 (b) Stock Cost/FMV at 9/30/2013Cost Basis Market Value

Mellon-See Attached Listing 8,237,067 11,305,853

Eustace Foundation # 22-2664349-Part II. Line 10 (b) Stock Cost/FMV at 9/30/2012Cost Basis Market Value

Mellon - Equities-See Attached Listing 7, 999,398 9,859,008Mellon- Alternatives-See Attached Listing 676,011 582,131TOTAL Investments -Corporate Stock 8,675,409 10,441,139

The Eustace Foundation700 South Henderson Road

Suite 202King of Prussia, PA 19406

610-945-165522-2664349

Archdiocese of Philadelphiac/o Beneficial BankPO Box 13426Philadelphia, PA 19101 300,000

Association of the Miraculous Medal1811 West Saint Joseph StreetPerryville, MO 63775 1,000

Avalon Rescue Squad Inc.PO Box 233Avalon, NJ 08202 4,000

Cabrini College610 King of Prussia RoadRadnor, PA 19087 9,300

Cancer Support Community of Philadelphia4100 Chamounix DrivePhiladelphia, PA 19131

2,500

Capuchin Franciscan Friars220 37`" StreetPittsburgh, PA 15201 1,500

Catholic Foundation of Greater Philadelphiac/o Archdiocese of Philadelphia222 North 17th StreetPhiladelphia, PA 19103 25,000

Catholic Leadership Institute440 E. Swedesford RoadWayne, PA 19087 9,300

Catholic Relief Services228 W. LexingtonBaltimore , MD 21298-8452 1,000

Children's Miracle Network Hospital122 Toomer StreetAuburn, AL 36830 500

Country Day School of the Sacred Heart480 South Bryn Mawr AvenueBryn Mawr, PA 19010 125,000

Covenant House Pennsylvania31 East Armat StreetPhiladelphia, PA 19144 1,000

Divine Providence686 Old Marple RoadSpringfield, PA 19064 10,000

Dominican Sisters of Mary4597 Warren RoadAnn Arbor, MI 48105 1,000

Family Life Foundation11 McComb AvenueGlen Mills, PA 19342 1,000

Friends of AVFDPO Box 361Avalon, NJ 08202 1,000

Hero Inc.1462 Russell StreetGreen Bay, WI 54301 10,000

Hope Partnership for Education1701 North 8th StreetPhiladelphia, PA 19122 10.000

Indian River Community FoundationPO Box 643968Vero Beach, FL 32964 7,500

Indian River County Volunteer AmbulancePO Box 2240Vero Beach, FL 32961 2,500

Irish Educational Development Foundation44 Woodlands RoadHarrison, NY 10528 5,000

L C Pastoral Services2 Hickory Run DriveNewtown Square, PA 19073 10,000

Little Sisters of the Poorc/o Holy Family Home5300 Chester AvenuePhiladelphia, PA 19142 1,000

Magee Rehabilitation Foundation1513 Race StreetPhiladelphia, PA 19102 20,000

Malvern Retreat HousePO Box 315Malvern, PA 19355 2,500

Mother Cabrini League434 West Deming PlaceChicago, IL 60614 5,000

National Shrine of St. Jude205 West Monroe StreetChicago, IL 60606 1,000

Oblates of St. Frances DeSales8501 Flourtown AvenueWyndmoor, PA 19038 20,000

Papal Foundation150 Monument Road, Suite 609Bala Cynwyd, PA 19004 27,000

Philadelphia Museum of ArtPO Box 7646Philadelphia, PA 19101 1,000

Philadelphia School Partnership150 S. Independence Mall WestSuite 1200Philadelphia, PA 19106 120,000

Philly HD Cure, Inc.PO Box 4054Philadelphia, PA 19118 5,000

Prostate Cancer Foundation1250 Fourth StreetSanta Monica, CA 90401 190,230

Riverside Theatre3250 Riverside Park DriveVero Beach , FL 32963 1,000

Saint Matthew Parish Rectory219 Fayette StreetConshohocken, PA 19428 3,000

Samuel P. Cozen Memorial Fund1900 Market StreetPhiladelphia, PA 19103 10,000

Sisters of St. Joseph9701 Germantown PikePhiladelphia , PA 19118 6,219

Society for the Propagation of the Faith366 Fifth AvenueNew York, NY 10117-0154 1,000

Society of the Little Flower1313 Frontage StreetDarien, IL 60561 1,000

St. Anythony Shrine & Ministry Center100 Arch StreetBoston, MA 02110 200

St. Ignatius Nursing Home4401 Haverford AvenuePhiladelphia, PA 19104 5,000

St. John Vianney Parishl 110 Vaughan's LaneGladwyne, PA 19035 500

St. Joseph's Indian School

PO Box 200Chamberlain, SD 57325 1,000

St. Joseph 's University5600 City Line AvenuePhiladelphia, PA 19131 318,000

St. Jude Children ' s Research Hospital501 St. Jude PlaceMemphis, TN 38105 1,000

Swedeland Volunteer Fire CompanyPO Box 60847King of Prussia, PA 19406 250

The Christophers5 Hanover Square, 11 `h FloorNew York, NY 1004 1,000

The Gesu School1700 West Thompson StreetPhiladelphia, PA 19121 55,000

The Guadalupe GuildSisters of Visitation5820 City Line AvenuePhiladelphia, PA 3,000

The Legionaries of Christ590 Columbus AvenueThornwood, NY 10594 9,500

United Way of Southeastern PA1709 Benjamin Franklin ParkwayPhiladelphia, PA 19103 13,200

Total: 1,360,699

BN Y M F:I I.ONWLALIH MANAGEMEN1

Realized Gain Loss Transaction

Reported In U.S. Dollars

Settled from 01 Oct 12 to 30 Sep 13

EUSTACE FOUNDATION TRUST-IMA - 108433AB000

Federal Short Federal Long

Trade Date Transaction Type Security ID Term Gain/Loss Term Gain/Loss Gain/Loss

GainsCapital Gains 278058102 EATON CORP 323 05 861 48 1.18453

Distribution

Capital Gains 05569M301 BNY MELLON INCOME STOCK-M 0 00 49056 490 56

Distribution

Capital Gains 05569M509 BNY MELLON MIC MULTI-STRATEGY FUND 19.420 23 57,787 82 77,208 05

Distribution

Capital Gains 05569MB14 BNY MELLON INTERMEDIATE BD-M 1.223 21 3.281 32 4,50453

Distribution

Capital Gains 86271F677 DREYFUS SELECT MGER S/C VL-I 10,227 59 12,595 78 22.823 37

Distribution

Capital Gains 87234N765 TCW EMERGING MARKETS INCOME FUND-I 4.88082 0 00 4.88082

Distribution

Capital Gains 05569M368 BNY MELLON CORP BOND-M 889 66 0 00 88966

Distribution

0912612012 Sell an Asset 58933Y105 MERCK & CO INC 10,906 21 0 00 10.906 21

09/27/2012 Sell an Asset 91913Y100 VALERO ENERGY CORP NEW 0 00 2,751 43 2.751 43

09/28/2012 Sell an Asset G1151C101 ACCENTURE PLC-CL A 27564 2,29938 2.57502

10/09/2012 Sell an Asset 2003ON101 COMCAST CORP CL A 1,64838 0 00 1,648.38

10/10/2012 Sell an Asset 500760106 KRAFT FOODS GROUP INC 0 00 6,425 34 6,42534

11/05/2012 Sell an Asset 268648102 E M C CORP MASS 909 25 467 14 1,37639

11/05/2012 Sell an Asset N6596X109 NXP SEMICONDUCTORS N V 0 00 2,04808 2.04808

11/07/2012 Sell an Asset 268648102 E M C CORP MASS 0 00 5662 67 5.66267

27 Feb 2014 10 22 22AM Page 1 10 Value 1 15

Realized Gain Loss TransactionBNY ME[.I.ON

WEALTH NAIANAGEMEN!





Trade Date Transaction Type Security ID Term Gain/Loss Term Gain/Loss Gain/Loss-----------------

11/16/2012 Sell an Asset 00206R102 AT&T INC 0 00 1.998 74 1.99874

11/19/2012 Sell an Asset 2003ON101 COMCAST CORP CL A 1.56331 0 00 1 563 31

11/20/2012 Sell an Asset 05569M301 BNY MELLON INCOME STOCK-M 11,647 73 0 00 11,647 73

11/20/2012 Sell an Asset 05569M814 BNY MELLON INTERMEDIATE BD-M 2.37378 0 00 2.37378

11/20/2012 Sell an Asset 05569MB71 BNY MELLON INTERNATIONAL-M 0 00 7.50000 7 500 00

1 2/0612 0 1 2 Sell an Asset 726505100 PLAINS EXPLORATION & PR-W/I 1,90531 58963 2.49494

12/12/2012 Sell an Asset 726505100 PLAINS EXPLORATION & PR-W/I 0 00 5,45343 5,45343

12/12/2012 Sell an Asset 816851109 SEMPRA ENERGY 0 00 5,266 16 5,266 16

12/14/2012 Sell an Asset 91913Y100 VALERO ENERGY CORP NEW 1,52534 0 00 1.52534

01/17/2013 Sell an Asset 902973304 US BANCORP 0 00 16.321 53 16.321 53

01/18/2013 Sell an Asset 375558103 GILEAD SCIENCES INC 0 00 9.25522 9 255 22

01/2812013 Sell an Asset 907818108 UNION PAC CORP 0 00 6.57083 6,57083

02/01/2013 Sell an Asset 254687106 WALT DISNEY CO/THE 0 00 6,38566 6,38566

02/04/2013 Sell an Asset 747525103 QUALCOMM INC 374 21 0 00 374 21

02/04/2013 Sell an Asset N6596X109 NXP SEMICONDUCTORS N V 0 00 2.932 49 2,932 49

02/07/2013 Sell an Asset 268648102 E M C CORP MASS 0 00 5,33313 5,33313

27 Feb 2014 10 22 22AM Page 2 ID Value 1 15

R N Y 1v1 f: 1. 1.0 NWEALTH MANAGi:MlN1




Trade Date Transaction Type Security ID

02/1212013 Sell an Asset 268648102

02/13/2013 Sell an Asset 406216101

02/20/2013 Sell an Asset 91913Y100

02/20/2013 Sell an Asset 565849106

03/01/2013 Sell an Asset 037833100

03/01/2013 Sell an Asset 88076W103

03/04/2013 Sell an Asset N6596X109

03/05/2013 Sell an Asset 88076W103

03/06/2013 Sell an Asset 674599105

03/07/2013 Sell an Asset 88076W1 03

03/13/2013 Sell an Asset 747525103

03/14/2013 Sell an Asset 00507K103

03/22/2013 Sell an Asset 845467109

03/26/2013 Sell an Asset 2003ON101

114/03/2013 Sell an Asset N6596X109

04/04/2013 Sell an Asset 191216100

Reported in U.S. Dollars


Term Gain/Loss Term Gain/Loss Gain/Loss

E M C CORP MASS 0 00 7 , 75385 7,75385

HALLIBURTON CO 1,11432 1. 55430 2.668 62

VALERO ENERGY CORP NEW 4 ,491 23 2 . 199 16 6,69039

MARATHON OIL CORP 0 00 1,49946 1.49946

APPLE INC -86 35 8 , 457 85 8.371 50

TERADATA CORPORATION 0 00 4.02092 4.020 92

NXP SEMICONDUCTORS N V 0 00 3.271 48 3,271 48

TERADATA CORPORATION 0 00 2 , 501 79 2,501 79

OCCIDENTAL PETROLEUM CORP 1 ,22449 0 00 1.22449

TERADATA CORPORATION 0 00 5 , 214 24 5,21424

QUALCOMM INC 450 15 283 12 733 27

ACTAVIS INC 0 00 4,151 79 4.15179

SOUTHWESTERN ENERGY CO 1,06936 0 00 1.06936

COMCAST CORP CL A 3.627 34 0 00 3.627 34

NXP SEMICONDUCTORS N V 0 00 6,379.52 6.379 52

COCA - COLA CO 000 2,31602 2.31602


t\Y M6 LIONWLAL ► tl MANAGt.MCN1


.




Trade Date Transaction Type

04/04/2013 Sell an Asset

















Security ID Term Gain/Loss Term Gain/Loss Gain/Loss

582839106 MEAD JOHNSON NUTRITION 0 00 2.995 59 2,99559

054937107 B B & T CORPORATION 0 00 8.375 19 8.375 19

747525103 QUALCOMM INC 75 80 1.25480 1,330 60

459200101 INTERNATIONAL BUSINESS MACHINES CORP -3,59008 13.463 46 9,87338

459200101 INTERNATIONAL BUSINESS MACHINES CORP 0 00 9.341 70 9.341 70

15189T107 CENTERPOINT ENERGY INC 2,551 07 0 00 2.551 07

532457108 LILLY ELI & CO 3,564 72 0 00 3.564 72

G29183103 EATON CORP PLC 1. 69882 0 00 1.698.82

747525103 QUALCOMM INC 0 00 2,40899 2.40899

12646R105 C S T BRANDS INC -152 60 1,478 19 1,32559

375558103 GILEAD SCIENCES INC 0 00 9.84430 9,844 30

12646R105 CSTBRANDS INC 000 905 905

532457108 LILLY ELI & CO 10 . 527 49 0 00 10,527 49

609207105 MONDELEZ INTERNATIONAL 1,95087 898 19 2.84906

G1151C101 ACCENTURE PLC-CL A 518 21 189 55 707 76

2003ON101 COMCAST CORP CL A 3 136 37 0 00 3,13637


4P

13NY MH .LONWLAL!H MANAGI MLN1




EUSTACE FOUNDATION TRUST-IMA -108433AB000



0611712013 Sell an Asset 037833100 APPLE INC 0.00 20.355 83 20.355 83

06/17 /2013 Sell an Asset 747525103 QUALCOMM INC 0 00 1 .35389 1,35389

06/20/2013 Sell an Asset 2003ON101 COMCAST CORP CL A 394 29 3,08443 3,47872

06/21 /2013 Sell an Asset 143658300 CARNIVAL CORP 0 00 1 ,02625 1,02625

06/26/2013 Sell an Asset 037833100 APPLE INC 0 00 26.667 61 28,667 61

07/0 2120 1 3 Sell an Asset 254687106 WALT DISNEY CO/THE 0 00 5,90725 5.90725

07/02/2013 Sell an Asset G5785G107 MALLINCKRODT PLC 0 00 1 ,22695 1,22695

07/03/2013 Sell an Asset 747525103 QUALCOMM INC 0 00 2,42590 2.42590

07/10/2013 Sell an Asset 92343V104 VERIZON COMMUNICATIONS INC 437 96 0 00 437 96

07/10/2013 Sell an Asset G1151C101 ACCENTURE PLC-CL A 0 00 3,77295 3.77295

07/19/2013 Sell an Asset 459200101 INTERNATIONAL BUSINESS MACHINES CORP 0 00 8.88464 8,884 64

07/22/2013 Sell an Asset G5785G107 MALLINCKRODT PLC 0 00 2 38 2 38

07/23/2013 Sell an Asset 92343V104 VERIZON COMMUNICATIONS INC 177 76 2.424 25 2.60201

07/2 5120 1 3 Sell an Asset 693475105 PNC FINANCIAL SERVICES GROUP 0 00 5.638 38 5.638 38

07/26/2013 Sell an Asset 693475105 PNC FINANCIAL SERVICES GROUP 0 00 724 49 724 49

07/30/2013 Sell an Asset 693475105 PNC FINANCIAL SERVICES GROUP 0 00 2 890 30 2.89030

27 Feb 2014 1 10 22 22AM Page 5 ID Value 15

p i

BNY Mf:I.l.ONWLALI'1 MANAGLMLN1







07/31/2013 Sell an Asset 693475105 PNC FINANCIAL SERVICES GROUP 0 00 3,18423 3.18423

08/09/2013 Sell an Asset 964332106 YAHOO INC 4,232 23 0 00 4.23223

08/16/2013 Sell an Asset 254687106 WALT DISNEY CO/THE 0 00 9.031 61 9 031 61

08/16/2013 Sell an Asset 437076102 HOME DEPOT INC 0 00 19.797 49 19.797 49

08/23/2013 Sell an Asset 406216101 HALLIBURTON CO 2.36381 0 00 2.36381

08/23/2013 Sell an Asset 437076102 HOME DEPOT INC 0 00 7 .098 39 7,09839

08/23/2013 Sell an Asset 30231G102 EXXON MOBIL CORP 0 00 1 832 67 1.83267

09/16/2013 Sell an Asset 375558103 GILEAD SCIENCES INC 0 00 17.409 97 17,409 97

09/16 /2013 Sell an Asset 166764100 CHEVRON CORPORATION 1,61377 497 93 2.111 70

09/16/2013 Sell an Asset 30219G108 EXPRESS SCRIPTS HOLDING CO 0 00 8.07388 8.07388

09/16/2013 Sell an Asset 00507K103 ACTAVIS INC 0 00 8,069 10 8,06910

09/20120 1 3 Sell an Asset 79466L302 SALESFORCE COM INC 2.87099 753 06 3.62405

Total Gains

Losses09/27/2012

09/27/2012

Sell an Asset 882508104 TEXAS INSTRUMENTS INC

Sell an Asset H5833N 103 NOBLE CORPORATION

114,355.74 424,274.16 538,629.90

-5,595 94 0 00 -5,595 94

-3.930 44 0 00 -3.93044

C

27 Feb 2014 1 10 22 22AM Page 6 ID Value 1 15

RNY 1v1E;I.LONWLAL't1 MANAGEMENT






Trade Date Transactio n Type Security ID Term Gain/Loss Term Gain/Loss Gain/Loss

11/09/2012 Sell an Asset 74733V100 QEP RESOURCES INC 0 00 -14.01690 -14.01690

11/15/2012 Sell an Asset 05569M780 BNY MELLON S/T US GOV SECS-M -613 75 0.00 -613 75

02/13/2013 Sell an Asset 806857108 SCHLUMBERGER LTD 37 07 -2,984 16 -2,947.09

02/20/2013 Sell an Asset 037833100 APPLE INC -2 391 81 0 00 -2 391 81

03/22/2013 Sell an Asset 111320107 BROADCOM CORP CL A -406 46 0 00 -406 46

04/2412013 Sell an Asset 009158106 AIR PRODS & CHEMS INC 0 00 -4.12863 -4.12863

06/07/2013 Sell an Asset 92343V104 VERIZON COMMUNICATIONS INC -531 62 0 00 -531 62

06/17/2013 Sell an Asset 92343V104 VERIZON COMMUNICATIONS INC -74 12 0 00 -74 12

06/27/2013 Sell an Asset 78356A160 GUGGENHEIM MANAGED FUTURE-Y 0 00 -60.84002 -60,84002

07/29/2013 Sell an Asset 80004C101 SANDISK CORP -6.73301 0 00 -6,73301

07/30/2013 Sell an Asset 48121A670 HIGHBRIDGE DYNAMIC COMM STRAT FUND-E 0 00 -83.223 10 -83,223 10

08/14/2013 Sell an Asset 29444U502 EQUINIX INC -4,52620 0 00 -4,52620

08/15/2013 Sell an Asset 29444U502 EQUINIX INC -9,709 01 0 00 -9,70901

09/20/2013 Sell an Asset 111320107 BROADCOM CORP CL A -3,581 25 0 00 -3.58125

09/20/2013 Sell an Asset 874039100 TAIWAN SEMICONDUCTOR MFG CO ADR -975 10 0 00 -975 10

Total Losses -39,031.64 -165,192.81 -204,224.45

r

c


RNY NIEI.1.ONVVFALI , 1 MANAGEMLNT




EUSTACE FOUNDATION TRUST-IMA -108433AB000



Total Realized Gain/Loss Transactions : EUSTACE FOUNDATION TRUST-IMA - 108433AB000 75,324.10 259,081.35 334,405.45

Total Realized Gain/Loss Transactions : All Selected Accounts 75,324.10 259,081.35 334,405.45

27 Feb 2014 10 22 22AM Page 8 ID Value 15

2012 Federal Statements Page 1The Eustace Foundation

c/o Cabrini Asset Management, Inc. 22-2664349

Statement 1Form 990- PF, Part I, Line 18Taxes

(a) (b) Net (c) (d)Expenses Investmentper Books Income

AdjustedNet Income

CharitablePurposes

Federal Tax $ 1,914.Foreign Tax on Investment Income 191. $ 191.

Total $ 2,105. $ 191. $ 0. $ 0.

Statement 2Form 990-PF, Part I , Line 23Other Expenses

(a) (b) Net (c) (d)Expenses Investment Adjusted Charitableper Books Income Net Income Purposes

Add'l Bank Charges Rebated-Mellon $ -2,321.Bad Debt-Loan Apostolate 500.Bank Charges Gross (Mellon) 83,613.Bank Charges Rebated (Mellon) -46,320.Investment Management Fees 157,087. $ 157,087.Legal & Professional Fees 1,455.

Total $ 194,014. $ 157,087. $ 0. $ 0.

Statement 3Form 990- PF, Part II , Line 15Other Assets

Fair MarketBook Value Value

Life Insurance Policy $ 1,128,416. $ 1,128,416.Total $ 1,128,416. $ 1,128,416.

Statement 4Form 990- PF, Part III, Line 5Other Decreases

Decline in value of appreciated stock contribution $ 38,803.Total $ 38,803.

990-pf return of private foundation990s.foundationcenter.org/990pf_pdf_archive/222/222664349/... ·...

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