For, Qgn PF ! Return of Private Foundation 2005990s.foundationcenter.org/990pf_pdf_archive/556/556035777/... · Otherwise, ARMSTRONG ROBERTSON MATTHEWS FOUNDATION 55-6035777 ... I

For, Qgn_PF ! Return of Private Foundation' or Section 4947(a)(1) Nonexempt Charitable Trust

Departrnentof the Treasury Treated as a Private FoundationInternal Revenue Service Note: The organization may be able to use a copy of this return to satisfy state repot

For calendar year 2005 , or tax year beginning , and ending

r-0000

OMB No. 15450052

2005

Use the IRS Name of organization A Employer Identification number

label.Otherwise , ARMSTRONG ROBERTSON MATTHEWS FOUNDATION 55-6035777

print Number and street (or P O . box number If mail is not delivered to street address) Floorn/sulte B Telephone numberorty B . P.O. BOX 1559 (304) 325-8181

See SpecificInstructions . City or town, state , and ZIP code C If exemption application is pending , check here , ,►

LUEFIELD WV 24701 D 1. Foreign organizations , check here ....►0d

....testH Check type of organization : OX Section 501(c)(3) exempt private foundation

2. Foreignedc

gnheore

rgenend eatttactacheompumomputetfothen . .test ►a

Section 4947(a)(1) nonexempt charitable trust 0 Other taxable private foundationE If private foundation status was terminated

I Fair market value of all assets at end of year J Accounting method : © Cash 0 Accrual under section 507(b)( 1)(A), check here .► El

(from Part ll, col. (c), line 16) 0 Other (specify) F If the foundation is in a 60-month termination► $ 4 91 2 4 5 . (Part 1, column (co must be on cash basis.) under section 507(b)(1) B check here ►

Ana lysis of Revenue and Expenses ( a) Revenue and ( b) Net investment ( c) Adjusted net ( d) Disbursements(rho total of amounts In columns (b), (c), and (d) may not expenses per books income income for charitable purposesnecessari ly equal the amounts In column (e)) (cash basis only)

1 Cont ri butions gi fts grants etc. rece ived 155,000.: wI,)'i_ _._.._ ..............................2 Check ►O If the foundation is not iequf sal to ittadi Sch. 63 In t on intgs and temporarycash 2 12 4 .. ...... ........4 Dividends and interest from securities ........ 9,037.5a Gross rents ...... ... .

b Net rental Income or toss)

6a Net gain or pose) from sale of assets not on line 10 .. <305.bGseeneSofor°" 58,324.

m 7 Capital gain net Income (from Part N, line 2) ...... .

.8 Net short-term capital gain .. ..9 Income modifications ...... ....... ...........

Gross sales less returns10a and allowances

b Less cost of goods sold

c Gross profit or (loss). ........11 Other income 2 9 3 9 ...... ............

12 Total. Add lines 1 through 11 ..... 168,795.13 Compensation of officers , directors , trustees , etc... .... 580.14 Other employee salaries and wages .... ... ..

employee benefits .15 Pension plans ... ....,.. ....16a Legal fees

C...... . . ..... ..........

b Accounting fees MT. 5 850.W

..C Other professional fees ....... ..... .. ..

17 Interest . ......... ..... .... ...STMT 6 760.. .......

16 Bei i Einnd dap. . .. ..... .

...etion .

U

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

1 T ve ren.

(...................nd meetings .

19J2 lPrtll a pub I jl

..ns

STMT 7 25.op r tTfg and

...

ough 23 .. 2,215... ..gifts, grants paid25 Contnbutions 15 403,

26 Total expenses and disbursements.Add lines 24 and 25 . ....... ... ...... 17,618.

27 Subtract line 26 from line 12:

a Excess of revenue over expenses and disbursements 1511177.... .b Net Investment Income ffnegative, enter -a) .. .

c Adlusted net income Otnegawe, enter -o-) ....

52350101.0506

LHA For Privacy Act and Paperwork Reduction Act Notice , see the Instructions.

2,124. 9? EKB 29 037. T E NT 3

5T , KXW J.

0.

2,939. WATM= 4L4 100. %

580. 0.

595. 255.

0. 0.

0. 0.

1 175. 255.% 15,403.

1,175. 15,658.

.2 925.N/A

Form 990-PF (2005)

c,,'nnn_oci,nnci ARM9TR(1Na RCIRFRTCEN MATT14FWS FOUNDATION 55-6035777 Paoe2

edsd Ed and inthede p°0nBeginning of year End of year

Balani;e Sheetsarfft column should °°ror°nd'°Wamounts only (a) Book Value (b) Book Value (c) Fair Market Value

1 Cash - non-interest-bearing ....... ..2

. ...Savings and temporary cash investments 5 ,199. 9, 924 . 9,924.

3

..Accounts receivable ►Less: allowance for doubtful accounts ►

4 Pledges receivable ►Less: allowance for doubtful accounts ►

5 .........Grants receivable6

....... . . ... ... ..Receivables due from officers, directors, trustees, and other

disqualified persons7 OQbrpots andloans�ecahabb ..... ►

Less' allowance for doubtful accounts ►

, 8 Inventories for sale or use . ...... .9

. . ..... . ..........Prepaid expenses and deferred charges

10a.....

Investments - U.S. and state government obligations STMT .8 70 ,253. 20, 000 20,019.STMT . 9b Investments -corporate stock 101 ,878. 97, 680: .165,588

c... .. .. ..

STMT 10Investments - corporate bonds 40 ,000. 104, 866. 104,594.

11....... .. .....

hsb C1 lana bWid�s, and a ,roam basis .... ► 46 9 2 5 .LmmumuwdMm a4a, STMT 1 11110- 46 ,925. 46, 925. 46,925.

12.. .

Investments - mortgage loans ........13

... .STMT . 12Investments - other 0. 136, 037. 144,195.

14........................ ......

Land, buildings, and equipment: basis ►Lass amim laled depmcla6m ►

.

15

...

Other assets (describe ► )

16 Total assets to be completed by all filers 264f 255.1 415f 432. 491,245.

17 Accounts payable and accrued expenses18 Grants payable19

. .....Deferred revenue

20 and other disquali fied persons . ...trusteesLoans from officers directors

21,,,

Mortgages and other notes payableJ 22

.... .Other liabilities (describe ►

23 Total liabil it ies (add lines 17 through 22) ..... 0. 0

24

Organizations that follow SFAS 117, check here ► Land complete lines 24 through 26 and lines 30 and 31.Unrestricted

W 25....

Temporarily restricted ............. ....m 26

..... .Permanently restricted ... .. .Organizations that do not follow SFAS 117, check here ►

LL

° 27and complete lines 27 through 31.

trust principal, or current funds .......Capital stock 264, 255. 415, 432 .28

,or land, bldg., and equipment fund .........Paid-in or capital surplus 0. 0 .

-29,

Retained earnings, accumulated income, endowment, or other funds. 0. 0 .

30 ...Total net assets or fund balances 264, 255. 415, 432 .Z

31

. .. ... .

Total liabilities and net assets nd balances 264f 255.1 415f 432 .

FPW1# Analysis of Changes in Net Assets or Fund Balances

1 Total net assets or fund balan ces at beginning of year - Part II, column (a), line 30........... .............. ........ ..(must ag ree with end-of-year figure repo rted on p ri or year 's retu rn) 1 264,255..... ... . .............. ... .

............... ...................line 27a2 Enter amount from Part I 2 151,177... ........ ....... .............. . ... .. ........ . ........,

3 Other increases not included in line 2 ( item ize) ► 3 0 .........................and 324 Add lines 1 4 415 4 32 ., , .. . ..... ...... .... . ..................... ... ................................

5 Decreases not included in line 2 ( itemize) ► 5 0 .

6 Total net assets or fund balances at end of year ( line 4 minus line 5 - Part II , column (b), line 30 ....... 6 415,432 .Form 990-PF (2005)

52351101-05-06

Fortn 990-PF 2005 ) ARMSTRONG ROBERTSON MATTHEWS FOUNDATION 55-6035777 Page 3Fart IV Capital Gains and Losses for Tax on Investment Income

(a) List and desc ri be the kind (s) of property sold (e . g , real estate ,2-sto ry b ri ck wa re house ; or common stock , 200 shs . MLC Co

( b How acquired- Purchase

D - Donation( C) Date acquired(mo., day , yr.)

(d) Date sold(mo ., day, yr.)

1a 100 SH GENERAL MOTORS P 04/21/03 06/15/05b FHLB BOND 6.875% P 09/07/00 08/15/05c 100 SH DIEBOLD INC P 04/12/04 08/16/05de

(e) Gross sales p rice ( f) Depreciation allowed(or allowable)

( g) Cost or other basisplus expense of sale

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

a 3,605. 3,578. 27.b 50,000. 50,253. <253.:c 4,719. 4,798. <79.:de

Complete on ly for assets showing gain in column ( h) and owned by the foundati on on 12/31/69 (I) Gains (Col. (h) gain minus

(I) F.M.V. as of 12/31/69(1) Adjusted basisas of 12/31/69

( k) Excess of col. (1)over col. (j), if any

col. (k), but not less than -0-) orLosses (from col. (h))

a 27•b <253.:C <79 .:de

1alsoenter

enter-0-

inin

PartPart

II,2 Capital gain net income or (net capital loss).IfIfgain,(loss )

lineline

77 f . •• • •••• • •• 2 <305 .:,,

3 Net sho rt-term capital gain or (loss) as defined in sections 1222(5 ) and (6).If gain, also enter in Part I , line 8, column (c).If (loss), enter -0- in Part I , line 8 .... .... .. 3 N/APort V Qualifi cation 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 organization liable for the section 4942 tax on the dist ri butable amount of any year in the base pe ri od ? ...... ........ .............. ... Yes 0 NoIf 'Yes' the organization does not qualify under section 4940 (e). Do not complete this part.1 Enter the approp riate amount in each column for each year ; see instructions before making any ent ri es.

aBase peri od yea rsCalendar year or tax year beginning in

()Adjusted qualifying dist ri butions

()Net value of nonchantable-use assets

(d)Distribution ratio

(col. (b) divided by col. (c))

2004 15,322. 322 150. .0475622003 15,433. 309 240. .0499062002 16,038. 314 147. .0510532001 17 066. 326 734. .0522322000 17 781. 347 705. .051138

2 Total of line 1, column (d). . ......... . . 2 .251891

3 Average dist ri bution ratio for the 5-year base pe ri od - divide the total on line 2 by 5,the foundation has been in existence if less than 5 years . .......... .............

or by the number of yea rs....................................... ........ 3 .050378

4 Enter the net value of noncharitable -use assets for 2005 from Part X , line 5 .... . .......... .. .. . . .......... .......... 4 412,178.

5 Mu ltiply line 4 by line 3 . ....... -. ............ ........................ ........ ...................... . . .... ... 5 20,765 .

6 Enter 1 % of net Investment income ( 1% of Part I , line 27b) .., . .. ..... ........... . ... .... ........ 6 129

7 Add lines 5 and 6 ...... .... ........... ... ... . 7 20 894.

B Enter qualifying dist ri butions from Pa rt XII , line 4 .... .. . .. ...... .. ...... ............... ... .... ........ .. ..... 8 15, 658 .If line 8 is equal to or g reater than line 7, check the box in Part VI , line 1 b , and complete that part using a 1% tax rate.See the Part VI instructions.

e„Ml-05-06 Form 990-PF (2005)

Form 990-PF (2005 ) ARMSTRONG ROBERTSON MATTHEWS FOUNDATION 55-6035777 Page 4

.

5.

Part $1 Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e) , or 4948 - see instructions)la Exempt operating foundations described in section 4940(d)(2), check here ► 0 and enter'WA' on line 1.

Date of ruling letter: ( attach copy of ruling letter It necessa ry-see Instructions)

b Domestic organizations that meet the section 4940(e) requirements in Part V, check here ► [] and enter 1% 1 259 .of Part I, line 27b . .. . . .

c All other domestic organizations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)

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

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

.

259.4 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- . ...... ... ..... ... ... .... ..... 5 259.6 Credits/Payments:a 2005 estimated tax payments and 2004 overpayment credited to 2005 Be 480.b Exempt foreign organizations - tax withheld at source ..... .... ..... ...... . . 6bc Tax paid with application for extension of time to file (Form 8868) ... ..... .. ...... 6cd Backup withholding erroneously withheld . .... .... ... ...... . . . ........ 5d

7 Total credits and payments. Add lines 6a through 6d .. ...... . ........ ... . .. ............ . 7 80

8 Enter any penalty for underpayment of estimated tax. Check here L] If Form 2220 is attached ............ .... . ....... 89 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed . ........... .................................... 9

10 Overpayment . If line 7 is more than the total of lines 5 and 8, enter the amount overpaid .... .. .......... 1011 Enter the amount of line 10 to be: Cred ited to 2006 estimated tax ► 2 21 . Refunded ► 11 0 .

Activities

1 a Du ri ng the tax year , did the organization attempt to influence any national , state, or local legislation or did it participate or inte rvene inany pol it ical campaign? . ......... .................. .

b Did it spend more than $100 du ri ng the year (either di re ctly or indi re ctly ) for political purposes (see instructions for definition )? .............. .

If the answer is "Yes" to 1 a or 1 b, a ttach a detailed description of the activities and copies of any materials published ordistributed by the organization in connection with the activities.

c Did the organization file Form 1120 -POL for this year? .. . ..... ........ ................d Enter the amount ( if any) of tax on political expenditu re s (section 4955) imposed du ring the year.

(1) On the organization. ► $ 0 • (2) On organization manage rs . ► $ 0e Enter the reimbu rsement ( if any) paid by the organization du ring the year for pol it ical expenditu re tax imposed on organization

manage rs . ► $ 02 Has the organization engaged in any activities that have not p reviously been reported to the IRS? ._ ........ ........ ... ........... . ...

If "Yes, " attach a detailed description of the activities.3 Has the organization made any changes , not previously re ported to the IRS, in it s gove rn ing instrument , articles of incorporation, or

bylaws , or other similar instruments? If "Yes," attach a conformed copy of the changes ... ... .4a Did the organization have unrelated business gross income of $1,000 or mo re du ri ng the year? .. ... .... ..... .. .. ..... .... .b If 'Yes ; has it filed a tax retu rn on Form 990-T for this year? . ..... . .... .... . .. . . ...... ... . . ............. ....... NIA.

5 Was the re a liquidation , termination , dissolution , or substantial contraction du ring the year? ........ ....... .. . . . _.. .... .............If "Yes," attach the statement required by General Instruction T.

6 Are the re qui re ments of section 508(e ) ( relating to sections 4941 through 4945 ) satisfied either.• By language in the gove rn ing instrument, or• By state legislation that effectively amends the gove rn ing instrument so that no mandato ry directions that conflict with the state law

remain in the gove rn ing instrument? ................. .......... ..... ......... . . ............... ................. ............7 Did the organization have at least $5,000 in assets at any time du ri ng the year? . . . ..... ... ............ .... .... .................... .....

If "Yes," complete Part//, col. (c), and Part XV.8a Enter the states to which the foundation reports or with which it is registered (see instructions) ►

WV

Yes Noi X

X

X

X

XX

X

X

b if the answer is Yes' to line 7, has the organization fu rn ished 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 X

9 Is the organization claiming status as a p rivate operating foundation within the meaning of section 4942 (j)(3) or 4942(j)(5) for calendar

year 2005 or the taxable year beginning in 2005 ( see instructions for Part XIV)? If 'Yes," complete Part X/V ........ ......................... 9 X

10 Did any pe rs ons become substantial cont ri buto rs du ring the tax year? If 'Yes,' attach a schedule listing th ei r names and eddy .... TMT ...13. 10 X

11 Did the organization comply with the public inspection requi re ments for its annual retu rn s and exemption application? ........... ......... .... 11 X

Web site address ► N/A

12 The books a re in ca re of ► FIRST CENTURY BANK, N.A. Telephone no.► 304-325-8181Locatedat ► P.O. BOX 1559, BLUEFIELD, WV zlP+4 ►24701

13 Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 - Check here ........................................ ..........N..A.►aand enter the amount of tax-exempt inte rest received or accrued du ri ng the year . ........ ........ .... ...... ..... 10-1 13

Form 990-PF (2005)

Fomi 990-PF (2005) ARMSTRONG ROBERTSON MATTHEWS FOUNDATION 55-6035777 Page 5Part VII-9 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

1 a Dunng the year did the organization (e ither directly or indirectly):

(1) Engage in the sale or exchange , or leasing of property with a disqualified pe rs on? ...... ..... ............ ....... .. El Yes M1 No

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

a disqualified pe rs on? . . .... .......... . E] Yes [1 No

(3) Fu rn ish goods , se rvices , or facilities to (or accept them from ) a disqualified pe rs on? .. ..... .. .. .. .. 0 Yes EX No

(4) Pay compensation to, or pay or reimbu rse the expenses of, a disqualified pe rs on? ..... ... .... .. ... Yes EXI No

(5) Transfer any income or assets to a disqualified pe rson (or make any of either availableNoEXIfor the benefit or use of a disqualified pe rson )? Q Yes

(6) Agree to pay money or property to a gove rnment official? (Exception . Check 'No*If the organization agreed to make a grant to or to employ the official for a pe riod aftertermination of gove rn ment se rvice , if terminating within 90 days.) . . ............. .. .... ......... . ..... 0 Yes © No

b If any answer is Yes' to la(1 )-( 6), did any of the acts fail to qualify under the exceptions desc ribed in Regulations

section 53 4941 (d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions )? N/A.. lb

Organizations relying on a current notice regarding disaster assistance check here ......... ....... ............ ... Elc Did the organization engage in a p ri or year in any of the acts desc ribed in la, other than excepted acts, that were not corrected

... .... ....... ........ . .. .... .... . .. ... . ......before the fi rst day of the tax year beginning in 2005? 1 c X.. .. .2 Taxes on fa il ure to dist ribute income (section 4942) (does not apply for years the organization was a private operating foundation

defined in section 4942(j)(3) or 4942(j)(5))a At the end of tax year 2005 , did the organization have any undist ributed income ( lines 6d and Be, Part XIII ) for tax year(s) beginning

10befo re 2005? .... .... .. . .. ... ... .......... .. ... ........ ..... . .... El Yes No

If *Yes, list the yea rs ►b Are there any yea rs listed in 2a for which the organ ization is not applying the provisions of section 4942(a)(2) (relating to incorrect

valuation of assets ) to the year's undist ributed income? (If applying section 4942(a)(2) to all yea rs listed , answer No and attach

..... .......... .................. .statement - see instructions .) ........... . ...........e If the provisions of section 4942 (a)(2) are being applied to any of the yea rs listed in 2a, list the yea rs here.

3a Did the organization hold mo re than a 2% di rect or indirect interest in any business enterp rise at any timeNodu ring the year? .. ..... ... ..... ............ . ....... .. .... ..... El Yes Ex

b If Yes' did it have excess business holdings in 2005 as a resu lt of (1) any pu rchase by the organization or disqualified pe rs ons after

May 26, 1969; (2 ) the lapse of the 5-year pe riod (or longer pe ri od approved by the Commissioner under section 4943(c)(7)) to dispose

of holdings acqui red by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year fi rs t phase holding pe riod ? (Use Schedule C,

to determine if the organization had excess business holdings in 2005.) .......... ............. ...... . N/A...Form 4720 3b,4a Did the organization invest du ring the year any amount in a manner that would jeopardize its charitable purposes ? .. . . .... . ... .. 4a X

b Did the organization make any Investment in a p rior year ( but after December 31, 1969) that could jeopardize its charitable purpose thathad not been removed from jeopardy befo re the fi rst day of the tax year beginning in 2005 ? ...... ..... ........ .. .. ....... ....... 4b X

5a Du ring the year did the organization pay or incur any amount to:(1) Carry on propaganda , or otherwise attempt to influence legislation (section 4945 (e))? ............................. .... El Yes M No

(2) Influence the outcome of any specifi c public election (see section 4955 ); or to carry on , directly or indirectly,

any voter registration drive? .... ... ......... ..... . . .... ..... .. .... . .... .. ...... � Yes EX No

(3) Provide a grant to an individual for travel , study, or other similar purposes ? .. ... ....... .......... ... ... 0 Yes 0 No

(4) Provide a grant to an organization other than a charitable , etc., organ ization desc ribed in section

509(a)(1), (2), or (3), or section 4940(d)(2)? . ..... .. ... .. .. ..... .......... . .. 0 Yes EXI No

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

the prevention of cruelty to children or animals ? ........ . . ............. .. .... ..=Yes 0 No. .. . .... . ...

b If any answer is Yes' to 5a(1)-(5 ), did any of the transactions fail to qualify under the exceptions desc ribed in Regulations„ ._. N /A..4945 or in a current noti ce regarding disaster assistance (see instructions )? . ......................section 53 5b.........

Organizations relying on a current notice regarding disaster assistance check here ....... .. ............. ...... ....... .. ...... ►0

e If the answer is Yes' to question 5a (4), does the organization claim exemption from the tax because it maintained

expend iture responsibility for the grant? ..... .. ........... ..... .. ........... ............... .....N/A. . = Yes =No

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

6a Did the organization , du ring the year , receive any funds , di rectly or indi re ctly, to pay premiums on

a pe rsonal benefit contract ? ...... ...... .... .... . ....... .... ..................... .............. ....=Yes © No

du ring the year , pay premiums , directly or indi re ctly, on a pe rs onal benefit contract? ....... .........................b Did the organization,. ,6b

v„X,

If you answered "Yes' to 6b, also file Form 8870. `Form 990-PF (2005)

5239e,01-05-06

ARMSTRONG ROBERTSON MATTHEWS FOUNDATION 55-6035777' alli Information About Officers, Directors, Trustees, Foundation Managers, Highly Page 80 Paid Employees, and Contractorsi I ict all nffinars_ directors. trustees . foundation managers and their comoensation.

(a) Name and address(b) Title, and average

hou rs per week devotedto position

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

(d?comrrowomto

on

(e) Expenseaccount, otherallowances

SEE STATEMENT 14 580. 0. 0.

9 Rmmnansatinn of tiva hinhasf-nai[1 mmnlnVoPs Inther than These Included nn line 11. IT none, enter "NONh_"

(a) Name and address of each employee paid more than $50,000(b) Title and average

Flours per weekdevoted to position

(c) Compensation(CQ uCwftutons m°1ar

coi.posa on

(e) Expenseaccount, otherallowances

NONE

Total number of other employees paid over $50,000 .. ► I U3 Five highest-paid independent contractors for professional services . If none, enter ° NONE.°

(a) Name and address of each pe rs on paid mo re than $50,000 (b) Type of service (c) Compensation

NONE

Total number of others receiving over $50,000 for professional se rvices. .. . ..... ... .... . .... . 10. 0I part D(A I 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 I Expensesnumber of organizations and other beneficiaries served, conferences convened, research papers produced, etc.

i ANNUAL GRANT TO THE CRAFT MEMORIAL LIBRARY OF BLUEFIELDWEST VIRGINIA TO ASSIST THE LIBRARY IN MEETING THE

JCATIONAL NEEDS OF THE COMMUN2

3

4

,a Form 990-PF (2005)

Fon 990-PF(2005) ARMSTRONG ROBERTSON MATTHEWS FOUNDATION 55-6035777 Pagel

dart Summary of Program -Related Investments

Desc ri be the two largest program-related investments made by the foundation du ri ng 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 ... ...... .. . j► 0.

X Minimum Investment Return (AII 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 371,530.b Average of month ly cash balances ... ..... . ........ ... .. .. .. . . ........ ....... 1 b 0 .e Fair market value of all other assets .... .... ........ . . .... ....... ... ..... .. .. ... ....... . 1 C 46,925.d Total (add lines 1a , b, and c) .. . . .. .. ... ......... . ... „ . ... ... .. . ......... ......... . ...... .. „ 1 d 418,455.e Reduction claimed for blockage or other factors reported on lines la and

1c (a ttach detailed explanation ) ........ le 02 Acquis ition indebtedness applicable to line 1 assets ...... ..... ... .. ... ........... ...... ........ . .. „ , 2 03 Subtract line 2 from line ld .. .- . . . ......... . ... .. .. ... .... ... . .... ................... 418,455.4 Cash deemed held for charitable activities . Enter 1 1/2% of line 3 (for greater amount , see instructions ) .... ............. 4 6,277 .5 Net value of noncharlable -use assets . Subtract line 4 from line 3. Enter here and on Part V, line 4 .. ........ .... ..... 5 412,178 .6 Minimum Investment return. Enter 5% of line 5 .. ...... . .... 6 20,609.

Distributable Amount (see instructions) ( Section 4942 (j)(3) and (j)(5) private operating foundations and certainforeign organizations check here ► 0 and do not complete this part.)

1 Minimum investment retu rn from Part X , line 6 ..... 1 20,6092a Tax on investment income for 2005 from Part VI, line 5 .. ........... . . . 2a 2 5 9-ib Income tax for 2005 . (This does not include the tax from Part VI.) .. 2bC Add lines 2a and 2b - .................... .

'

2c 259 .3 Dist ri butable amount before adjustments. Subtract line 2c from line 1 ... . . ... ... ..... . .................... ... 3 20, 3504 Recoveries of amounts treated as qualifying dist ri butions .... ... . ... .... . . .... . ... .. ....... 4 05 Add lines 3 and 4 ........ ... .. ..... .. . .......... 5 20, 3501.6 Deduction from dist ri butable amount (see instructions) ....... .. ...... . .... ..................... . . . ........ 6 07 Distributable amount as adjusted . Subtract line 6 from line 5. Enter here and on Part XIII, line 1 .... 7 20, 350i X1f 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 .... .... ....... ......... ..... .. ........ 1 a 15,658.b Program-re lated investments - total from Part IX- B .... .. ....... . ....... ... .... . . ................ ..... 1 11 0.

2 Amounts paid to acqui re assets used ( or held for use ) directly in carrying out charitable , etc., purposes ......... . ........ 23 Amounts set aside for specific charitable projects that satisfy the:a Suitability test (p ri or IRS approval requi red ) ............ ......... .. .. ..... .... . .......... ....... . ..... 3ab Cash dist ri bution test (attach the required schedule ) . ... .... ............ .... .. .. . . ................. . ... 3b

4 Qualifying distributions. Add lines la through 3b . Enter here and on Part V, line 8, and Part XIII , line 4 ....,. , - „ -- . 4 15,658.5 Organizations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b ......... . .. ............ .... ... ...... ...... .. ........... .. .......... 5 06 Adjusted qualifying distributions . Subtract line 5 from line 4 ....... .... .......... . ... .... ....... ... ........ 6 15 6 5 8 .

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 section4940(e) reduction of tax in those years.

Form 990-PF (2005)

82


#7t K�1 Undistributed Income (see Instru ctions)

(a) (b) (c) (d)Corpus Yea rs p rior to 2004 2004 2005

1 Distributable amount for 2005 from Part XI,line 7 . . . ..... . . . .. ........

2 Undistributed Income, if any, as of the end of 2004

a Enter amount for 2004 only ... ..... .b Total for prior years:

3 Excess distributions carryover, if any, to 2005:a From 2000b From 2001c From 2002 ....d From 2003e From 2004f Total of lines 3a through e .. . . .. .

4 Qualifying distributions for 2005 fromPart XII, line 4:01 $ 15, 658.

a Applied to 2004, but not more than line 2ab Applied to undistributed income of prioryears (Election required - see instructions) ._.

c Treated as distributions out of corpus(Election required - see instructions) ..... .

d Applied to 2005 distributable amount .e Remaining amount distributed out of corpus

5 Excess distributions carryover applied to 20D5Of an amount appears in column (d), the same amountmust 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 Pnor years' undistributed income. Subtractline 4b from line 2b , , ........

c Enter the amount of prior years'undistributed income for which a notice ofdeficiency has been issued, or on whichthe section 4942(a) tax has been previouslyassessed

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

e Undistributed income for 2004. Subtract line4a from line 2a Taxable amount - see instr..

f Undistributed income for 2005. Subtractlines 4d and 5 from line 1. This amount mustbe distributed in 2006 ..... .

7 Amounts treated as distributions out ofcorpus to satisfy requirements imposed bysection 170(b)(1)(E) or 4942(g)(3) ... .... .

8 Excess distributions carryover from 2000not applied on line 5 or line 7 .... . ......

9 Excess distributions carryover to 2006.Subtract lines 7 and 8 from line 6a ... ...

10 Analysis of line 9:a Excess from 2001...b Excess from 2002c Excess from 2003

d Excess from 2004.

e Excess from 2005 .

52357101-05-06

0

0.

0.

0.

0.0.

0.

0.

0.

0.

0.

0.

0.

20,350.

15,403.

15,403.

255.

0.

0.

20,095.

Form 990-PF (2005)

Form990-PF 2005 ARMSTRONG ROBERTSON MATTHEWS FOUNDATION 55-603577 7 Page9Part)U� Private Operating Foundations (see instructions and Part VII-A, question 9) N/A1 a If the foundation has received a ruling or determination letter that it is a private operating

foundation , and the ruling is effective for 2005 , enter the date of the ruling .. ........ .... ......... ►b Check box to indicate whether the organization is a private o eratin foundation desc ri bed in section . EJ 4942(1)(3) or ED 49426)(5)

2 a Enter the lesser of the adjusted net Tax year P rior 3 yea rs

income from Part I or the minimum (a) 2005 (b) 2004 (c) 2003 ( d) 2002 (e) Total

investment retu rn from Part X foreach year listed .......... .. ....

b 85% of line 2a ..c Qualifying dist ri butions from Part XII,

line 4 for each year listedd Amounts included in line 2c notused directly for active conduct ofexempt activities . ...... .......

e Qual ifying dist ri butions made directlyfor active conduct of exempt activ it ies.Subtract line 2d from line 2c .......

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

a 'Assets ' a lternative test - enter:(1) Value of all assets ... ... ..... .

(2) Value of assets qualifyingunder section 4942(j)(3)(B)(i)

b 'Endowment' a lt e rn ative test - enter2/3 of minimum investment retu rnshown in Part X , line 6 for each yearlisted

c 'Support' alternative test - enter:(1) Total support other than gross

investment income ( interest,dividends , re nts, payments onsecurities loans (section512(a)(5 )), or royalties)

(2) Suppo rt from general publicand 5 or more exemptorganizations as provided in

.. .section 4942(j)(3)(B)(iii)(3) Largest amount of support from

an exempt organization ...

rt C1f Supplementary Information (Complete this part only if the organization had or more in assetsat any time duri ng the year-see page 26 of the 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 the close of any tax

year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

NONEb 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 of a partnership or

other entity) of which the foundation has a 10% or greater interest.

NONE2 Information Regarding Contribution, Grant, Gift, Loan , Scholarship , etc., Programs:

Check here ► O if the organization only makes cont ributions to preselected charitable organ izations and does not accept unsolicited requests for funds. Ifthe organization makes g ifts, grants, etc. (see instructions) to individuals or organizations under other cond itions , complete items 2a , b, c, and d.

a The name , address , and telephone number of the pe rs on to whom applications should be add ressed:

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 facto rs :

5235e 1 m-05-M Form 990-PF (2005)

Form990-PF(2005 ) ARMSTRONG ROBERTSON MATTHEWS FOUNDATION 55-603577'

3 Grants and Contri butions Paid During the Year or Approved for Future Payment

Recipient If recipient is an individual,show any relationship to Foundation Purpose of grant or

Name and address (home or business ) any foundation manageror substantial cont ributor

status ofrecipient

cont ri bution Amount

a Paid during the year

CRAFT MEMORIAL LIBRARY ,600 COMMERCE STREET,BLUEFIELD, WV 24701 ONE UBLIC DUCATIONAL 15,403.

Total .. .- ...... ► 3a 15,403.b Approved for future payment

NONE

Total ► 3b 1 0.523601101-05-06 Form 990-PF (2005)


I Analysis of Income-Producing ActivitiesI Xl�A

oss amounts unless otherwise indicatedE t ui i re l arnu uu51IIU b u I uuu I 'e rxau"00 tenon o L o,3 ors14 (e).er grn

1 Program se rvice revenue*

(a)Businesscode Amount

°„_slon

(d)Amount

Related or exemptfunction income

abCd

g Fees and contracts from gove rn ment agencies .. .2 Membership dues and assessments .. ...........3 Inte re st on savings and tempora ry cash

investments .... ....... 14 2,124.4 Dividends and interest from secu ri ties .. .... 14 9,0375 Net rental income or (loss ) from real estate:

a Debt-financed propertyb Not debt-financed property ...... .... ........ .

6 Net rental income or (loss ) from personalproperty . .... ...... ...

7 Other investment income .......... ...... ......... 15 2r939.8 Gain or (loss) from sales of assets other

than invento ry .. ........ ............... ........ 18 <305

_

9 Net income or (loss ) from special events ..... .........10 Gross profit or (loss) from sales of inventory. ...... .11 Other revenue:

abCde

12 Subtotal . Add columns ( b), (d), and (e) 0.1 13,795.1 0.13 Total . Add line 12, columns (b), (d), and (e) .. . ...... .. ........... ... ... .......... ...... ..... .. .. . .. ........... ........... 13 13,795.(See worksheet in line 13 instructions to verity calculations.)

.4 Relationship of Activities to the Accomplishment of Exempt Purposes[Pad XVI.-

Line No .7

Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment ofthe organization 's exempt purposes ( other than by providing funds for such purposes).

/A

Form 990-PF (2005)

Form 990-PF (2005) ARMSTRONG ROBERTSON MATTHEWS FOUNDATION 55-6035777 Pa a 12fart XVl[ Information Regarding Transfers To and Transactions and Relationships With Noncharitable

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

a Transfers from the reporting organization to a nonchantable exempt organization of:(1) Cash ... .. .......... .. . ..... .... ........... ... .... .. ..... ...... ......... .... ........... . 1 a 1 X(2) Other assets ... .. ... ....... .. . ... ...... ..... ........ 1a 2 X

b Other transactions:(1) Sales of assets to a noncharitable exempt organization . ....... ... .................... .. . .... ......... ........ ......... .. ... lb(l) X(2) Purchases of assets from a nonchantable exempt organization . . ...... ......... ................. ... ....... .... .. . .. . . lb(2) X

(3) Rental of facilities, equipment, or other assets . ... .... . .................... ... .... .. . .... ............. . 1 b 3 X(4) Reimbursement arrangements ..., . .... .. ...... ....... . .. . ...... ........... ...... ..... ...... ........ . 1b4 X

(5) Loans or loan guarantees .. . ... ... 1 b 5(6) Performance of services or membership or fundraising solicitations .. .. . . . .......... .. ....... ...... .. . . . . 1b(6) X

c Sharing of facilities, equipment, mailing lists, other assets, or paid employees . ...... ..... . .... ..... ... . ............. ... .. ... 1 c Xd 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 organization. If the organization received less than fair market value in any transaction or sharing arrangement, show in

(a) Name of organization (b) Type of organization (c) Desc ri ption of re lationship

/A

Under penal ti es of perjury, I decl are that I have examined this return, Including accompanying schedules and statements , and to the best of my knowledge and belief, It is true, conact,and complete. DadaratlgR�pf preparer (other than taxpayer or fiduciary) Is based on all Information of which preparer has any knowledge.

Signature of officer

= Preparers0signature

a n 'm rm s naro (a 1CLa usdFenweYem 6,Pff BOX 1697

,dm- andz>P

52362101-05-06

2a Is the organization directly or indirectly affiliated with , or re lated to , one or more tax-exempt organizations describedin section 501(c) of the Code ( other than section 501(c)(3)) or in section 527? .. .. ............. ....... .. .. ® Yes 0 No

IN If 'Vee • n- W. the fnItnwinn erheAul.

Schedule B(Form 990, 990-EZ, or

990-PF)Department of the TreasuryInternal Revenue service

Schedule of ContributorsSupplementary Information for

line 1 of Form 990, 990-EZ, and 990-PF (see instructions) 2005Name of organization

ARMSTRONG ROBERTSON MATTHEOrganization type(check one):

Filers of. Section:

Form 990 or 990-EZ 0 501(c)( ) (enter number) organization

FOUNDATION

OMB No 1545-0047

Employer identification number

55-6035777

0 4947(a)(1) nonexempt charitable trust not treated as a private foundation

0 527 political organization

Form 990•PF 501(c)(3) exempt private foundation

0 4947(a)(1) nonexempt charitable trust treated as a private foundation

El 501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule. (Note: Only a section 501(c)(7), (8), or (10) organization can check boxes

for both the General Rule and a Special Rule-see instructions.)

General Rule-

0 For organizations filing Form 990 , 990-EZ, or 990-PF that rece ived, du ring the year, $5,000 or more (in money or property) from any onecont ributor. (Complete Parts I and II.)

Special Rules-

For a section 501(c)(3) organization filing Form 990 , or Form 990- EZ, that met the 33 1/3% support test under Regulationssections 1 .509(a)•3/1.170A-9(e) and received from any one cont ributor, du ring the year , a cont ribution of the greater of $5,000 or 2%of the amount on line 1 of these forms . (Complete Parts I and ll.)

Q For a section 501(c)(7), (8), or (10) organization filing Form 990 , or Form 990-Q, that received from any one contributor, du ring the year ,

aggregate cont ri butions or bequests of more than $1,000 for use exclusively for religious , charitable , scient ific, l iterary, or educational

purposes , or the prevention of cruelty to children or animals . (Complete Parts I, II, and III.)

0 For a section 501(c)(7), (8), or (10) organization filing Form 990, or Form 990•FZ, that received from any one contributor, during the year ,

some contributions for use exclusively for religious, charitable, etc., purposes, but these contributions did not aggregate to more than$1,000. (If this box is checked, enter here the total contributions that were received during the year for an exdusivety religious,charitable, etc., purpose. Do not complete any of the Parts unless the General Rule applies to this organization because it received

nonexclusively religious, charitable, etc., contributions of $5,000 or more during the year.) ........ .. ... ► $

Caution : Organizations that are not covered by the General Rule and/or the Special Rules do not file Schedule B (Form 990, 990-E7, or 990-PF), but

they must check the box in the heading of their Form 990, Form 990-EZ or on line 2 of their Form 990-PF, to certify that they do not meet the filing

requirements of Schedule B (Form 990, 990-EZ, or 990-PF).

LHA For Paperwork Reduction Act Notice , see the Instructionsfor Form 990, Form 990-EZ, and Form 990-PF.

Schedule B (Form 990, 990-EZ, or 990-PF) (2005)

523451 02-01-06

1 of 1 of Fut

Name of orgpnlzatlon• Employer Identification number

ARMSTRONG ROBERTSON MATTHEWS FOUNDATION 55-6035777

Pact I Contributors (See Specific Instructions.)

(a)No.

(b)Name, address , and ZIP + 4

(c)Aggregate contri butions

(d)Type of contribution

1 ESTATE OF W. A. WOLFE, JR Person [X

FIRST CENTURY BANK NA P.O. BOX 1559 $ 155,000.Payroll QNoncash

BLUEF IELD , WV 24701(Complete Part 11 if thereis a noncash contribution.)

(a)No.

(b)Name, address, and ZIP + 4


(COType of contribution

Person

$Payroll QNoncash Q

(Complete Part II if thereis a noncash contribution.)

(a)No.


(c)Aggregate contributions

(d)Type of contribution

Person

$Payroll QNoncash Q


(a)No.


(c)Aggregate contributions

(COType of contribution

Person 0

$Payroll QNoncash Q

(Complete Part I I if thereis a noncash contribution.)

(a)No.



(CoType of contribution

Person El

$Payroll QNoncash Q

(Complete Part li if thereis a noncash contnbution.)

(a)No.



(d)Type of contri bution

Person 0

$Payroll QNoncash


Schedule B (Form 990.990-U. or 990 -PF) (2005)


FORM 990-PF GAIN OR (LOSS) FROM SALE OF ASSETS STATEMENT 1

(A)DESCRIPTION OF PROPERTY

100 SH GENERAL MOTORS

(B) (C)GROSS COST OR

SALES PRICE OTHER BASIS

3,605. 3,578.

MANNER DATEACQUIRED ACQUIRED DATE SOLD

PURCHASED 04/21/03 06/15/05

(D) (E) (F)EXPENSE OF

SALE DEPREC. GAIN OR LOSS

0. 0. 27.


FHLB BOND 6.875%

(B)GROSS

SALES PRICE

50,000.

(C) (D)COST OR EXPENSE OF

OTHER BASIS SALE

50,253. 0.


PURCHASED 04/12/04 08/16/05


100 SH DIEBOLD INC

(B) (C) (D) (E) (F)GROSS COST OR EXPENSE OF

SALES PRICE OTHER BASIS SALE DEPREC. GAIN OR LOSS

4,719. 4,798. 0. 0. <79.>

CAPITAL GAINS DIVIDENDS FROM PART IV

TOTAL TO FORM 990-PF, PART I, LINE 6A


PURCHASED 09/07/00 08/15/05

(E) (F)

DEPREC. GAIN OR LOSS

0. <253.>

0.

<305.>

STATEMENT(S) 1


FORM 990-PF INTEREST ON SAVINGS AND TEMPORARY CASH INVESTMENTS STATEMENT 2

SOURCE

CERTIFICATES OF DEPOSITGOV. OBLIG. TAX-MANAGED FUND

TOTAL TO FORM 990-PF, PART I, LINE 3, COLUMN A 2,124.

FORM 990-PF DIVIDENDS AND INTEREST FROM SECURITIES STATEMENT 3

AMOUNT

1,387.737.

CAPITAL GAINS COLUMN (A)SOURCE GROSS AMOUNT DIVIDENDS AMOUNT

COMMON STOCKCORPORATE BONDSU.S. TREASURY NOTES

TOTAL TO FM 990-PF, PART I, LN 4

4,977. 0.172. 0.

3,888. 0.

9,037. 0.

4,977.172.

3,888.

9,037.

FORM 990-PF OTHER INCOME STATEMENT 4

(A) (B) (C)REVENUE NET INVEST- ADJUSTED

DESCRIPTION PER BOOKS MENT INCOME NET INCOME

GAS AND COAL ROYALTIES 2,939. 2,939.

TOTAL TO FORM 990-PF, PART I, LINE 11 2,939. 2,939.

FORM 990-PF ACCOUNTING FEES STATEMENT 5

(A) (B) (C) (D)EXPENSES NET INVEST- ADJUSTED CHARITABLE

DESCRIPTION PER BOOKS MENT INCOME NET INCOME PURPOSES

BROWN, EDWARDS & CO. - FORM990-PF PREPARATION 850. 595. 255.

TO FORM 990-PF, PG 1, LN 16B 850. 595. 255.

STATEMENT(S) 2, 3, 4, 5


FORM 990-PF TAXES STATEMENT 6

DESCRIPTION

EXCISE TAXES

(A) (B) (C)EXPENSES NET INVEST- ADJUSTEDPER BOOKS MENT INCOME NET INCOME

760. 0.

TO FORM 990-PF, PG 1, LN 18 760. 0.

(D)CHARITABLEPURPOSES

0.

0.

FORM 990-PF OTHER EXPENSES STATEMENT 7

DESCRIPTION

LICENSE FEE

TO FORM 990-PF, PG 1, LN 23

(A) (B)EXPENSES NET INVEST-PER BOOKS MENT INCOME

25. 0.

25. 0.

FAIR MARKETBOOK VALUE VALUE

0. 0.20,000. 20,019.

FORM 990-PF U.S. AND STATE/CITY GOVERNMENT OBLIGATIONS STATEMENT 8

U.S. OTHERDESCRIPTION GOV'T GOV'T

FHLB 6.875% 08/15/05 XFHLB 2.25% DTD 3/30/04 X

TOTAL U.S. GOVERNMENT OBLIGATIONS

TOTAL STATE AND MUNICIPAL GOVERNMENT OBLIGATIONS

TOTAL TO FORM 990-PF, PART II, LINE 10A

(C) (D)ADJUSTED CHARITABLE

NET INCOME PURPOSES

0.

0.

20,000. 20,019.

20,000. 20,019.

STATEMENT(S) 6, 7, 8


FORM 990-PF CORPORATE STOCK STATEMENT 9

DESCRIPTION

NORFOLK SOUTHERN CORPORATION 1,363. 17,932.GILLETTE COMPANY 0. 0.EMERSON ELECTRIC COMPANY 3,947. 7,470.WALT DISNEY CO 6,856. 7,191.EXXON CORPORATION 7,505. 16,851.JOHNSON AND JOHNSON 7,715. 18,030.CITIGROUP INC. COM 8,810. 19,412.CISCO SYSTEMS 3,075. 1,712.ALCOA INC 2,524. 2,957.DOMINION RESOURCES, INC 5,014. 7,720.DOW CHEM CO 3,036. 4,382.GENERAL ELECTRIC COMPANY 2,736. 3,505.PEPSICO INCORPORATED 4,247. 5,908.SBC COMMUNICATIONS, INC. 0. 0.AUTOMATIC DATA PROCESSING 3,207. 4,590.EQUITY OFFICE PPTYS TR 2,664. 3,033.FEDERATED INVS INC PA CL B 2,703. 3,704.GENERAL MTRS CORP 0. 0.HOME DEPOT INC 5,494. 8,096.KRAFT FOODS INC CL A 3,010. 2,817.MICROSOFT CORP 2,528. 2,615.DELL, INC 3,586. 2,995.DIEBOLD, INC 0. 0.TEXAS INSTRS INC 5,898. 6,414.AT&T INC 2,815. 2,449.MOTOROLA INC 4,179. 4,518.PROCTOR & GAMBLE CO 4,768. 11,287.

TOTAL TO FORM 990-PF, PART II, LINE 10B

FAIR MARKETBOOK VALUE VALUE

97,680. 165,588.

FORM 990-PF CORPORATE BONDS STATEMENT 10

DESCRIPTION

0.0.

10,000.30,000.35,000.20,000.9,866.

0.0.

10,000.30,000.35,000.20,000.9,594.

104,594.

BOOK VALUEFAIR MARKET

VALUE

MBNA AMERICA BANK 4.45% DUE 10/11/02BANK OF MONROE CD DTD 11/1/04FIRST CENTURY BANK CD 2.46% 3/30/06LEHMAN BROTHERS BK FSB CD 4.05%LEHMAN BROTHERS BK FSB CD 4.3%CDARS PROGRAM CD 4.65%GENERAL ELECTRIC CAP CORP NOTE 3.75%

TOTAL TO FORM 990-PF, PART II, LINE 10C 104,866.

STATEMENT(S) 9, 10


FORM 990-PF DEPRECIATION OF ASSETS HELD FOR INVESTMENT STATEMENT 11

DESCRIPTION

1/12TH INTEREST IN MINERALRIGHTS ON 800 ACRES IN

TOTAL TO FM 990-PF, PART II, LN 11

ACCUMULATEDDEPRECIATION BOOK VALUE

46,925. 0.

46,925. 0.

46,925.

46,925.

FORM 990-PF OTHER INVESTMENTS STATEMENT 12

DESCRIPTION

ISHARES S&P 1500 INDEX FUND COSTISHARES S&P 500 GROWTH INDEX FUND COSTISHARES MSCI EAFE INDEX FUND COSTISHARES NASDAQ BIOTECHNOLOGY INDEX COSTFUND

TOTAL TO FORM 990-PF, PART II, LINE 13

VALUATION FAIR MARKETMETHOD BOOK VALUE VALUE

58,369. 60,484.32,060. 33,197.38,141. 42,790.

7,467. 7,724.

136,037. 144,195.

FORM 990-PF LIST OF SUBSTANTIAL CONTRIBUTORS STATEMENT 13PART VII-A, LINE 10

NAME OF CONTRIBUTOR

ESTATE OF W.A. WOLFE, JR.

COST OROTHER BASIS

ADDRESS

FIRST CENTURY BANK NA P.O. BOX 1559,BLUEFIELD, WV 24701

STATEMENT (S) 11, 12, 13


FORM 990-PF PART VIII - LIST OF OFFICERS, DIRECTORS STATEMENT 14TRUSTEES AND FOUNDATION MANAGERS

EMPLOYEETITLE AND COMPEN- BEN PLAN EXPENSE

NAME AND ADDRESS AVRG HRS/WK SATION CONTRIB ACCOUNT

FIRST CENTURY BANK, N.A. TRUSTEEP.O. BOX 1559, BLUEFIELD, WV 24701 1.00 580. 0. 0.

BETTY BAILEY PRESIDENT1.00 0. 0. 0.

RICHARD WILKINSON SECRETARY1.00 0. 0. 0.

STEPHEN WARDEN VICE PRESIDENT1.00 0. 0. 0.

ELIZABETH PRUETT TREASURER1.00 0. 0. 0.

TOTALS INCLUDED ON 990-PF, PAGE 6, PART VIII 580. 0. 0.

STATEMENT(S) 14

Documents

For, Qgn PF ! Return of Private Foundation 2005990s.foundationcenter.org/990pf_pdf_archive/556/556035777/... · Otherwise, ARMSTRONG ROBERTSON MATTHEWS FOUNDATION 55-6035777 ... I