For calendar year 2011 or other tax year beginning ending 05/31, See separate instructions. Check box if name changed and see instructions.

Transcription

1 For 990-T Departent of the Treasury nternal Revenue Servie A Chek ox if address hanged Exept Organization Business noe Tax Return (and proxy tax under setion 6033(e)) For alendar year 2011 or other tax year eginning 06/01, 2011, and ending 05/31, See separate instrutions. Nae of organization ( Chek ox if nae hanged and see instrutions.) OMB À¾µµ Open to Puli nspetion for 501()(3) Organizations Only D Eployer identifiation nuer (Eployees' trust, see instrutions.) B Exept under setion TRNTY UNVERSTY 501( C )( 3 ) Print Nuer, street, and roo or suite no. f a P.O. ox, see instrutions or 408(e) 220(e) E Type 408A 530(a) ONE TRNTY PLACE NH (a) C Book value of all assets at end of year F City or town, state, and ZP ode Group exeption nuer (See instrutions.) Unrelated usiness ativity odes (See instrutions.) G Chek organization type 501() orporation 501() trust 401(a) trust Other trust H Desrie the organization's priary unrelated usiness ativity. During the tax year, was the orporation a susidiary in an affiliated group or a parent-susidiary ontrolled group? f "," enter the nae and identifying nuer of the parent orporation. J The ooks are in are of Telephone nuer Part Unrelated Trade or Business noe (A) noe (B) Expenses (C) Net 1a Gross reeipts or sales 400,976. Less returns and allowanes Balane1 400, Cost of goods sold (Shedule A, line 7) 2 3 4a Gross profit. Sutrat line 2 fro line 1 Capital gain net inoe (attah Shedule D) Net gain (loss) (For 4797, Part, line 17) (attah For 4797) Capital loss dedution for trusts noe (loss) fro partnerships and S orporations (attah stateent) Rent inoe (Shedule C) Unrelated det-finaned inoe (Shedule E) nterest, annuities, royalties, and rents fro ontrolled organizations (Shedule F) nvestent inoe of a setion 501()(7), (9), or (17) organization (Shedule G) Exploited exept ativity inoe (Shedule ) Advertising inoe (Shedule J) Other inoe (See instrutions; attah shedule.) 13 Total. Coine lines 3 through 12 Part a , , ,109. Dedutions t Taken Elsewhere (See instrutions for liitations on dedutions.) (Exept for ontriutions, dedutions ust e diretly onneted with the unrelated usiness inoe.) Copensation of offiers, diretors, and trustees (Shedule K) Salaries and wages Repairs and aintenane Bad dets nterest (attah shedule) Taxes and lienses Charitale ontriutions (See instrutions for liitation rules.) Depreiation (attah For 4562) Less depreiation laied on Shedule A and elsewhere on return Depletion Contriutions to deferred opensation plans Eployee enefit progras Exess exept expenses (Shedule ) Exess readership osts (Shedule J) Other dedutions (attah shedule) Total dedutions. Add lines 14 through 28 SAN ANTONO, T Unrelated usiness taxale inoe efore net operating loss dedution. Sutrat line 29 fro line 13 Net operating loss dedution (liited to the aount on line 30) Unrelated usiness taxale inoe efore speifi dedution. Sutrat line 31 fro line 30 Speifi dedution (Generally $1,000, ut see line 33 instrutions for exeptions.) ATTACHMENT 1 Unrelated usiness taxale inoe. Sutrat line 33 fro line 32. f line 33 is greater than line 32, enter the saller of zero or line For Paperwork Redution At tie, see instrutions. 1E For 990-T (2011) 21 22a BRADLEY L. MELTON , , ,133. ATCH 2 225, , ,819. 4, , , , ATCH ATTACHMENT , , , , ,069. 1, ,069.

2 For 8868 Appliation for Extension of Tie To File an Exept Organization Return (Rev. January 2012) OMB Departent of the Treasury nternal Revenue Servie File a separate appliation for eah return. f you are filing for an Autoati 3-Month Extension, oplete only Part and hek this ox % f you are filing for an Additional (t Autoati) 3-Month Extension, oplete only Part (on page 2 of this for). Do not oplete Part unless you have already een granted an autoati 3-onth extension on a previously filed For Eletroni filing (e-file). You an eletronially file For 8868 if you need a 3-onth autoati extension of tie to file (6 onths for a orporation required to file For 990-T), or an additional (not autoati) 3-onth extension of tie. You an eletronially file For 8868 to request an extension of tie to file any of the fors listed in Part or Part with the exeption of For 8870, nforation Return for Transfers Assoiated With Certain Personal Benefit Contrats, whih ust e sent to the RS in paper forat (see instrutions). For ore details on the eletroni filing of this for, visit and lik on e-file for Charities & nprofits. Part Autoati 3-Month Extension of Tie. Only suit original (no opies needed). A orporation required to file For 990-T and requesting an autoati 6-onth extension - hek this ox and oplete Part only All other orporations (inluding 1120-C filers), partnerships, REMCs, and trusts ust use For 7004 to request an extension of tie to file inoe tax returns. Enter filer's identifying nuer, see instrutions Type or print Nae of exept organization or other filer, see instrutions. TRNTY UNVERSTY Eployer identifiation nuer (EN) or File y the Nuer, street, and roo or suite no. f a P.O. ox, see instrutions. Soial seurity nuer (SSN) due date for filing your ONE TRNTY PLACE return. See City, town or post offie, state, and ZP ode. For a foreign address, see instrutions. instrutions. SAN ANTONO, T Enter the Return ode for the return that this appliation is for (file a separate appliation for eah return) 0 7 Appliation s For For 990 For 990-BL For 990-EZ For 990-PF For 990-T (se. 401(a) or 408(a) trust) For 990-T (trust other than aove) % The ooks are in the are of Telephone. % Return Code Appliation s For For 990-T (orporation) For 1041-A For 4720 For 5227 For 6069 For 8870 Return Code FA f the organization does not have an offie or plae of usiness in the United States, hek this ox f this is for a Group Return, enter the organization's four digit Group Exeption Nuer (GEN). f this is for the whole group, hek this ox. f it is for part of the group, hek this ox and attah a list with the naes and ENs of all eers the extension is for. 1 request an autoati 3-onth (6 onths for a orporation required to file For 990-T) extension of tie until 04/15, 20 13, to file the exept organization return for the organization naed aove. The extension is ANA WNDHAM for the organization's return for: alendar year 20 or tax year eginning 06/01, 20 11, and ending 05/31, f the tax year entered in line 1 is for less than 12 onths, hek reason: nitial return Final return Change in aounting period 3a f this appliation is for For 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less any nonrefundale redits. See instrutions. 3a $ 0 f this appliation is for For 990-PF, 990-T, 4720, or 6069, enter any refundale redits and estiated tax payents ade. nlude any prior year overpayent allowed as a redit. 3 $ 0 Balane due. Sutrat line 3 fro line 3a. nlude your payent with this for, if required, y using EFTPS (Eletroni Federal Tax Payent Syste). See instrutions. 3 $ 0 Caution. f you are going to ake an eletroni fund withdrawal with this For 8868, see For 8453-EO and For 8879-EO for payent instrutions. For Privay At and Paperwork Redution At tie, see nstrutions. For 8868 (Rev ) 1F S 1184 V

3 For 990-T (2011) Page 2 Part Tax Coputation 35 Organizations Taxale as Corporations. See instrutions for tax oputation. Controlled group eers (setions 1561 and 1563) hek here See instrutions and: a Enter your share of the $50,000, $25,000, and $9,925,000 taxale inoe rakets (in that order): (1) $ (2) $ (3) $ Enter organization's share of: (1) Additional 5% tax (not ore than $11,750) $ (2) Additional 3% tax (not ore than $100,000) $ noe tax on the aount on line Trusts Taxale at Trust Rates. See instrutions for tax oputation. noe tax on the aount on line 34 fro: Tax rate shedule or Shedule D (For 1041) Proxy tax. See instrutions Alternative iniu tax Total. Add lines 37 and 38 to line 35 or 36, whihever applies 39 Part V Tax and Payents 40 a Foreign tax redit (orporations attah For 1118; trusts attah For 1116) 40a Other redits (see instrutions) 40 General usiness redit. Attah For 3800 (see instrutions) 40 d Credit for prior year iniu tax (attah For 8801 or 8827) 40d e Total redits. Add lines 40a through 40d 40e 41 Sutrat line 40e fro line Other taxes. Chek if fro: For 4255 For 8611 For 8697 For 8866 Other (attah shedule) Total tax. Add lines 41 and a Payents: A 2010 overpayent redited to a 2011 estiated tax payents 44 Tax deposited with For d Foreign organizations: Tax paid or withheld at soure (see instrutions) 44d e Bakup withholding (see instrutions) 44e f Credit for sall eployer health insurane preius (Attah For 8941) g Other redits and payents: For 2439 For 4136 Other Total 44g 45 Total payents. Add lines 44a through 44g Estiated tax penalty (see instrutions). Chek if For 2220 is attahed Tax due. f line 45 is less than the total of lines 43 and 46, enter aount owed Overpayent. f line 45 is larger than the total of lines 43 and 46, enter aount overpaid Enter the aount of line 48 you want: Credited to 2012 estiated tax Refunded 49 Part V Stateents Regarding Certain Ativities and Other nforation (see instrutions) 1 At any tie during the 2011 alendar year, did the organization have an interest in or a signature or other authority over a finanial aount (ank, seurities, or other) in a foreign ountry? f YES, the organization ay have to file For TD F , Report of Foreign Bank and Finanial Aounts. f YES, enter the nae of the foreign ountry here 2 During the tax year, did the organization reeive a distriution fro, or was it the grantor of, or transferor to, a foreign trust? 3 f YES, see instrutions for other fors the organization ay have to file. Enter the aount of tax-exept interest reeived or arued during the tax year $ Shedule A - Cost of Goods Sold. Enter ethod of inventory valuation 44f 1 nventory at eginning of year 1 6 nventory at end of year 6 2 Purhases 2 7 Cost of goods sold. Sutrat line 3 Cost of laor 3 6 fro line 5. Enter here and in 4 a Additional setion 263A osts Part, line 2 7 (attah shedule) 4a 8 Do the rules of setion 263A (with respet to Other osts (attah shedule) 4 property produed or aquired for resale) apply 5 Total. Add lines 1 through 4 5 to the organization? Under penalties of perjury, delare that have exained this return, inluding aopanying shedules and stateents, and to the est of y knowledge and elief, it is true, orret, and oplete. Delaration of preparer (other than taxpayer) is ased on all inforation of whih preparer has any knowledge. Sign Here M Paid Preparer Use Only 1E TRNTY UNVERSTY May the RS disuss this return with the preparer shown elow Signature of offier Date Title (see instrutions)? Print/Type preparer's nae Preparer's signature Date PTN Chek if 04/02/2013 self-eployed M CAYMAN SLANDS STEWART GOODSON P Fir's nae ERNST & YOUNG U.S. LLP Fir's EN Fir's address P.O. BO 2938 Phone no SAN ANTONO, T For 990-T (2011)

4 TRNTY UNVERSTY For 990-T (2011) Page 3 Shedule C - Rent noe (Fro Real Property and Personal Property Leased With Real Property) (see instrutions) 1. Desription of property (1) (2) (3) (4) (1) (2) (3) (4) Total (a) Fro personal property (if the perentage of rent for personal property is ore than 10% ut not ore than 50%) 2. Rent reeived or arued () Fro real and personal property (if the perentage of rent for personal property exeeds 50% or if the rent is ased on profit or inoe) Total 3(a) Dedutions diretly onneted with the inoe in oluns 2(a) and 2() (attah shedule) () Total dedutions. () Total inoe. Add totals of oluns 2(a) and 2(). Enter Enter here and on page 1, here and on page 1, Part, line 6, olun (A) Part, line 6, olun (B) Shedule E - Unrelated Det-Finaned noe (see instrutions) (1) (2) (3) (4) LAURE AUDTORUM UNVERSTY CHAPEL 1. Desription of det-finaned property 4. Aount of average aquisition det on or alloale to det-finaned property (attah shedule) 5. Average adjusted asis of or alloale to det-finaned property (attah shedule) 2. Gross inoe fro or alloale to det-finaned property 6. Colun 4 divided y olun 5 (1) % (2) % (3) % (4) % 3. Dedutions diretly onneted with or alloale to det-finaned property (a) Straight line depreiation (attah shedule) 7. Gross inoe reportale (olun 2 x olun 6) Enter here and on page 1, Part, line 7, olun (A). Totals Total dividends-reeived dedutions inluded in olun 8 Shedule F - nterest, Annuities, Royalties, and Rents Fro Controlled Organizations (see instrutions) Exept Controlled Organizations 1. Nae of ontrolled organization 2. Eployer identifiation nuer 3. Net unrelated inoe (loss) (see instrutions) ATTACHMENT 5 88, , , , , , , Total of speified payents ade 5. Part of olun 4 that is inluded in the ontrolling organization's gross inoe () Other dedutions (attah shedule) 8. Alloale dedutions (olun 6 x total of oluns 3(a) and 3()) Enter here and on page 1, Part, line 7, olun (B). 6. Dedutions diretly onneted with inoe in olun 5 (1) (2) (3) (4) nexept Controlled Organizations (1) (2) (3) (4) Totals 7. Taxale noe 8. Net unrelated inoe (loss) (see instrutions) 9. Total of speified payents ade 10. Part of olun 9 that is inluded in the ontrolling organization's gross inoe Add oluns 5 and 10. Enter here and on page 1, Part, line 8, olun (A). 11. Dedutions diretly onneted with inoe in olun 10 Add oluns 6 and 11. Enter here and on page 1, Part, line 8, olun (B). For 990-T (2011) 1E

5 For 990-T (2011) Page 4 Shedule G - nvestent noe of a Setion 501()(7), (9), or (17) Organization (see instrutions) 3. Dedutions 5. Total dedutions 4. Set-asides 1. Desription of inoe 2. Aount of inoe diretly onneted and set-asides (ol. 3 (attah shedule) (attah shedule) plus ol. 4) (1) (2) (3) (4) Enter here and on page 1, Part, line 9, olun (A). Totals Shedule - Exploited Exept Ativity noe, Other Than Advertising noe (see instrutions) (1) (2) (3) (4) 1. Desription of exploited ativity Totals TRNTY UNVERSTY Gross unrelated usiness inoe fro trade or usiness Enter here and on page 1, Part, line 10, ol. (A). 3. Expenses diretly onneted with prodution of unrelated usiness inoe Enter here and on page 1, Part, line 10, ol. (B). 4. Net inoe (loss) fro unrelated trade or usiness (olun 2 inus olun 3). f a gain, opute ols. 5 through 7. Shedule J - Advertising noe (see instrutions) noe Fro Periodials Reported on a Consolidated Basis Part 5. Gross inoe fro ativity that is not unrelated usiness inoe 6. Expenses attriutale to olun 5 Enter here and on page 1, Part, line 9, olun (B). 7. Exess exept expenses (olun 6 inus olun 5, ut not ore than olun 4). Enter here and on page 1, Part, line Nae of periodial 2. Gross advertising inoe 3. Diret advertising osts 4. Advertising gain or (loss) (ol. 2 inus ol. 3). f a gain, opute ols. 5 through Cirulation inoe 6. Readership osts 7. Exess readership osts (olun 6 inus olun 5, ut not ore than olun 4). (1) (2) (3) (4) Totals (arry to Part, line (5)) Part noe Fro Periodials Reported on a Separate Basis (For eah periodial listed in Part, fill in oluns 2 through 7 on a line-y-line asis.) 1. Nae of periodial 2. Gross advertising inoe 3. Diret advertising osts 4. Advertising gain or (loss) (ol. 2 inus ol. 3). f a gain, opute ols. 5 through Cirulation inoe 6. Readership osts 7. Exess readership osts (olun 6 inus olun 5, ut not ore than olun 4). (1) (2) (3) (4) (5) Totals fro Part Enter here and on page 1, Part, line 11, ol. (A). Enter here and on page 1, Part line 11, ol. (B). Totals, Part (lines 1-5) 37, ,316. Shedule K - Copensation of Offiers, Diretors, and Trustees (see instrutions) 1. Nae 2. Title 3. Perent of tie devoted to usiness (1) % (2) % (3) % (4) % Total. Enter here and on page 1, Part, line 14 1E ATCH 7 37, , , , ,636. Enter here and on page 1, Part, line Copensation attriutale to unrelated usiness For 990-T (2011)

6 TRNTY UNVERSTY ATTACHMENT 1 ORGANZATON'S PRMARY UNRELATED BUSNESS ACTVTY. RENTAL NCOME OL & GAS WORKNG NTEREST COPY & PRNTNG SERVCES FOR GENERAL PUBLC MEMBERSHPS TO GENERAL PUBLC AND ALUMN FOR RECREATONAL FACLTES SPECAL EVENT SALE OF MERCHANDSE UNVERSTY NEWSPAPER PUBLSHNG COMPANY

7 TRNTY UNVERSTY ATTACHMENT 2 FORM 990T - LNE 5 -NCOME (LOSS) FROM PARTNERSHPS PARTNERSHP NCOME 225,133. NCOME (LOSS) FROM PARTNERSHPS 225,133.

8 TRNTY UNVERSTY ATTACHMENT 3 PART - LNE 12 - OTHER NCOME PFC DSTRBUTONS - FORM PART - LNE 12 - OTHER NCOME 11.

9 TRNTY UNVERSTY ATTACHMENT 4 FORM 990T - PART - LNE 28 - TOTAL OTHER DEDUCTONS OVERHEAD/GENERAL 428,876. WORKNG NTEREST EPENSES 203. PURCHASED SERVCES 44,037. UTLTES 2,400. COMMUNCATON 25,874. TRAVEL 27,797. PART - LNE 28 - OTHER DEDUCTONS 529,187.

10 TRNTY UNVERSTY SCHEDULE C - RENT NCOME DEDUCTONS ATTACHMENT 5 LAURE AUDTORUM TOTAL 99,220.

11 TRNTY UNVERSTY SCHEDULE C - RENT NCOME DEDUCTONS ATTACHMENT 6 UNVERSTY CHAPEL TOTAL 12,599.

12 TRNTY UNVERSTY ATTACHMENT 7 SCHEDULE J - PART, ADVERTSNG NCOME REPORTED ON A SEPARATE BASS GROSS DRECT ECESS 1. ADVERTSNG ADVERTSNG ADVERTSNG CRCULATON READERSHP READERSHP NAME OF PERODCAL NCOME COSTS GAN OR LOSS NCOME COSTS COSTS TRNTONAN 37, , , , ,636. COLUMN TOTALS 37, , , , ,636. ATTACHMENT 7

13 Trinity University EN: FYE: NOL Carryforward Carryover Fro Aount Used in Loss Expired in Carryover to Return Year Original NOL Prior Years Current Year Current Year Next Year Loss Expires 1992 (423,150) (35,178) 35, (453,915) (453,915) - (453,915) (34,018) (34,018) - (34,018) (60,637) (60,637) - (60,637) (23,003) (23,003) - (23,003) (61,347) (61,347) - (61,347) (505,590) (505,590) - (505,590) (367,200) (367,200) - (367,200) (315,069) (315,069) - (315,069) 2031 Total CF (2,243,929) (1,855,957) 35,178 (1,820,779) ATTACHMENT 8

14 For 8621 (Rev. Deeer 2011) Departent of the Treasury nternal Revenue Servie Nae of shareholder nforation Return y a Shareholder of a Passive Foreign nvestent Copany or Qualified Eleting Fund See separate instrutions. dentifying nuer (see instrutions) TRNTY UNVERSTY Nuer, street, and roo or suite no. (f a P.O. ox, see instrutions.) Shareholder tax year: alendar year or other tax year City or town, state, and ZP ode or ountry OMB Attahent Sequene. 69 ONE TRNTY PLACE 06/01/ /31/2012 SAN ANTONO T eginning and ending. Chek type of shareholder filing the return: ndividual Corporation Partnership S Corporation ngrantor Trust Estate Nae of passive foreign investent opany (PFC) or qualified eleting fund (QEF) Eployer identifiation nuer (if any) CRAFT , LTD C/O MAPLES FNANCE LTD Address (Enter nuer, street, ity or town, and ountry.) Tax year of opany or fund: alendar year or other PO BO 10393GT, QUEENSGATE HOUSE-S CHURCH GEORGETOWN, GRAND CAYMAN, OC KY1-110 Part A B C D E F G H Part Eletions (See instrutions.) tax year eginning ending. Eletion To Treat the PFC as a QEF., a shareholder of a PFC, elet to treat the PFC as a QEF. Coplete lines 1a through 2 of Part. Deeed Sale Eletion., a shareholder on the first day of a PFC's first tax year as a QEF, elet to reognize gain on the deeed sale of y interest in the PFC. Enter gain or loss on line 10f of Part V. Deeed Dividend Eletion., a shareholder on the first day of a PFC's first tax year as a QEF that is a ontrolled foreign orporation (CFC), elet to treat an aount equal to y share of the post-1986 earnings and profits of the CFC as an exess distriution. Enter this aount on line 10e of Part V. Eletion To Extend Tie For Payent of Tax., a shareholder of a QEF, elet to extend the tie for payent of tax on the undistriuted earnings and profits of the QEF until this eletion is terinated. Coplete lines 3a through 4 of Part to alulate the tax that ay e deferred. te: f any portion of line 1a or line 2a of Part is inludile under setion 951, you ay not ake this eletion. Also, see setions 1294() and 1294(f) and the related regulations for events that terinate this eletion. Eletion To Reognize Gain on Deeed Sale of PFC., a shareholder of a forer PFC or a PFC to whih setion 1297(d) applies, elet to treat as an exess distriution the gain reognized on the deeed sale of y interest in the PFC, or, if qualify, y share of the PFC s post-1986 earnings and profits deeed distriuted, on the last day of its last tax year as a PFC under setion 1297(a). Enter gain on line 10f of Part V. Eletion To Mark-to-Market PFC Stok., a shareholder of a PFC, elet to ark-to-arket the PFC stok that is arketale within the eaning of setion 1296(e). Coplete Part. Deeed Dividend Eletion With Respet to a Setion 1297(e) PFC., a shareholder of a setion 1297(e) PFC, within the eaning of Regulations setion (j)(2)(v), elet to ake a deeed dividend eletion with respet to the Setion 1297(e) PFC. My holding period in the stok of the Setion 1297(e) PFC inludes the CFC qualifiation date, as defined in Regulations setion (d). Deeed Dividend Eletion With Respet to a Forer PFC., a shareholder of a forer PFC, within the eaning of Regulations setion (j)(2)(iv), elet to ake a deeed dividend eletion with respet to the forer PFC. My holding period in the stok of the forer PFC inludes the terination date, as defined in Regulations setion (d). noe Fro a Qualified Eleting Fund (QEF). All QEF shareholders oplete lines 1a through 2. f you are aking Eletion D, also oplete lines 3a through 4. (See instrutions) 1a Enter your pro rata share of the ordinary earnings of the QEF 1a Enter the portion of line 1a that is inluded in inoe under setion 951 or that ay e exluded under setion 1293(g) 1 Sutrat line 1 fro line 1a. Enter this aount on your tax return as ordinary inoe 1 2a Enter your pro rata share of the total net apital gain of the QEF 2a Enter the portion of line 2a that is inluded in inoe under setion 951 or that ay e exluded under setion 1293(g) 2 3a Sutrat line 2 fro line 2a. This aount is a net long-ter apital gain. Enter this aount in Part of the Shedule D used for your inoe tax return. (See instrutions.) 2 Add lines 1 and 2 3a Enter the total aount of ash and the fair arket value of other property distriuted or deeed distriuted to you during the tax year of the QEF. (See instrutions.) 3 Enter the portion of line 3a not already inluded in line 3 that is attriutale to shares in the QEF that you disposed of, pledged, or otherwise transferred during the tax year 3 d Add lines 3 and 3 3d e Sutrat line 3d fro line 3a, and enter the differene (if zero or less, enter aount in rakets) 3e portant: f line 3e is greater than zero, and no portion of line 1a or 2a is inludile in inoe under setion 951, you ay ake Eletion D with respet to the aount on line 3e. 4a Enter the total tax for the tax year (See instrutions.) 4a Enter the total tax for the tax year deterined without regard to the aount entered on line 3e 4 Sutrat line 4 fro line 4a. This is the deferred tax, the tie for payent of whih is extended y aking Eletion D. See instrutions 4 For Dislosure, Privay At, and Paperwork Redution At tie, see separate instrutions. For 8621 (Rev ) N/A 2011 and

15 For 8621 (Rev ) Page 2 Part Gain or (Loss) Fro Mark-to-Market Eletion (See instrutions.) 5a Enter the fair arket value of your PFC stok at the end of the tax year 5a Enter your adjusted asis in the stok at the end of the tax year 5 Sutrat line 5 fro line 5a. f a gain, do not oplete lines 6 and 7. nlude this aount as ordinary inoe on your tax return. f a loss, go to line Enter any unreversed inlusions (as defined in setion 1296(d)) 6 7 Enter the loss fro line 5, ut only to the extent of unreversed inlusions on line 6. nlude this aount as an 8 a 9a Part V 10a d e f 11a d e f ordinary loss on your tax return 7 f you sold or otherwise disposed of any setion 1296 stok (see instrutions) during the tax year: Enter the fair arket value of the stok on the date of sale or disposition 8a Enter the adjusted asis of the stok on the date of sale or disposition 8 Sutrat line 8 fro line 8a. f a gain, do not oplete line 9. nlude this aount as ordinary inoe on your tax return. f a loss, go to line 9 8 Enter any unreversed inlusions (as defined in setion 1296(d)) 9a Enter the loss fro line 8, ut only to the extent of unreversed inlusions on line 9a. nlude this aount as an ordinary loss on your tax return. f the loss on line 8 exeeds unreversed inlusions on line 9a, oplete line 9 Enter the aount y whih the loss on line 8 exeeds unreversed inlusions on line 9a. nlude this aount on your tax return aording to the rules generally appliale for losses provided elsewhere in the Code and regulations 9 te. See instrutions in ase of ultiple dispositions. Distriutions Fro and Dispositions of Stok of a Setion 1291 Fund (See instrutions.) Coplete a separate Part V for eah exess distriution (see instrutions). Enter your total distriutions fro the setion 1291 fund during the urrent tax year with respet to the appliale stok. f the holding period of the stok egan in the urrent tax year, see instrutions 10a Enter the total distriutions (redued y the portions of suh distriutions that were exess distriutions ut not inluded in inoe under setion 1291(a)(1)(B)) ade y the fund with respet to the appliale stok for eah of the 3 years preeding the urrent tax year (or if shorter, the portion of the shareholder s holding period efore the urrent tax year) 10 Divide line 10 y 3. (See instrutions if the nuer of preeding tax years is less than 3.) 10 Multiply line 10 y 125% (1.25) 10d Sutrat line 10d fro line 10a. This aount, if ore than zero, is the exess distriution with respet to the appliale stok. f zero or less and you did not dispose of stok during the tax year, do not oplete the rest of Part V. See instrutions if you reeived ore than one distriution during the urrent tax year. Also, see instrutions for rules for reporting a nonexess distriution on your inoe tax return Enter gain or loss fro the disposition of stok of a setion 1291 fund or forer setion 1291 fund. f a gain, oplete line 11. f a loss, show it in rakets and do not oplete line 11 Attah a stateent for eah distriution and disposition. Show your holding period for eah share of stok or lok of shares held. Alloate the exess distriution to eah day in your holding period. Add all aounts that are alloated to days in eah tax year. Enter the total of the aounts deterined in line 11a that are alloale to the urrent tax year and tax years efore the foreign orporation eae a PFC (pre-pfc tax years). Enter these aounts on your inoe tax return as other inoe 11 Enter the aggregate inreases in tax (efore redits) for eah tax year in your holding period (other than the urrent tax year and pre-pfc years). (See instrutions.) 11 Foreign tax redit. (See instrutions.) 11d Sutrat line 11d fro line 11. Enter this aount on your inoe tax return as "additional tax." (See instrutions.) 11e Deterine interest on eah net inrease in tax deterined on line 11e using the rates and ethods of setion Enter the aggregate aount of interest here. (See instrutions.) 11f 9 10e 10f For 8621 (Rev )

16 For 8621 (Rev ) Page 3 Part V Status of Prior Year Setion 1294 Eletions and Terination of Setion 1294 Eletions Coplete a separate olun for eah outstanding eletion. Coplete lines 9 and 10 only if there is a partial terination of the setion 1294 eletion. Tax year of outstanding eletion Undistriuted earnings to whih the eletion relates Deferred tax nterest arued on deferred tax (line 3) as of the filing date Event terinating eletion Earnings distriuted or deeed distriuted during the tax year Deferred tax due with this return Arued interest due with this return Deferred tax outstanding after partial terination of eletion 1 0 nterest arued after partial terination of eletion (i) (ii) (iii) (iv) (v) (vi) For 8621 (Rev )

17 For 8621 (Rev. Deeer 2011) Departent of the Treasury nternal Revenue Servie Nae of shareholder nforation Return y a Shareholder of a Passive Foreign nvestent Copany or Qualified Eleting Fund See separate instrutions. dentifying nuer (see instrutions) TRNTY UNVERSTY Nuer, street, and roo or suite no. (f a P.O. ox, see instrutions.) Shareholder tax year: alendar year or other tax year City or town, state, and ZP ode or ountry OMB Attahent Sequene. 69 ONE TRNTY PLACE 06/01/ /31/2012 SAN ANTONO T eginning and ending. Chek type of shareholder filing the return: ndividual Corporation Partnership S Corporation ngrantor Trust Estate Nae of passive foreign investent opany (PFC) or qualified eleting fund (QEF) Eployer identifiation nuer (if any) CRAFT , LTD C/O MAPLES FNANCE LTD Address (Enter nuer, street, ity or town, and ountry.) Tax year of opany or fund: alendar year or other PO BO 10393GT, QUEENSGATE HOUSE-S CHURCH GEORGETOWN, GRAND CAYMAN, OC KY1-110 Part A B C D E F G H Part Eletions (See instrutions.) tax year eginning ending. Eletion To Treat the PFC as a QEF., a shareholder of a PFC, elet to treat the PFC as a QEF. Coplete lines 1a through 2 of Part. Deeed Sale Eletion., a shareholder on the first day of a PFC's first tax year as a QEF, elet to reognize gain on the deeed sale of y interest in the PFC. Enter gain or loss on line 10f of Part V. Deeed Dividend Eletion., a shareholder on the first day of a PFC's first tax year as a QEF that is a ontrolled foreign orporation (CFC), elet to treat an aount equal to y share of the post-1986 earnings and profits of the CFC as an exess distriution. Enter this aount on line 10e of Part V. Eletion To Extend Tie For Payent of Tax., a shareholder of a QEF, elet to extend the tie for payent of tax on the undistriuted earnings and profits of the QEF until this eletion is terinated. Coplete lines 3a through 4 of Part to alulate the tax that ay e deferred. te: f any portion of line 1a or line 2a of Part is inludile under setion 951, you ay not ake this eletion. Also, see setions 1294() and 1294(f) and the related regulations for events that terinate this eletion. Eletion To Reognize Gain on Deeed Sale of PFC., a shareholder of a forer PFC or a PFC to whih setion 1297(d) applies, elet to treat as an exess distriution the gain reognized on the deeed sale of y interest in the PFC, or, if qualify, y share of the PFC s post-1986 earnings and profits deeed distriuted, on the last day of its last tax year as a PFC under setion 1297(a). Enter gain on line 10f of Part V. Eletion To Mark-to-Market PFC Stok., a shareholder of a PFC, elet to ark-to-arket the PFC stok that is arketale within the eaning of setion 1296(e). Coplete Part. Deeed Dividend Eletion With Respet to a Setion 1297(e) PFC., a shareholder of a setion 1297(e) PFC, within the eaning of Regulations setion (j)(2)(v), elet to ake a deeed dividend eletion with respet to the Setion 1297(e) PFC. My holding period in the stok of the Setion 1297(e) PFC inludes the CFC qualifiation date, as defined in Regulations setion (d). Deeed Dividend Eletion With Respet to a Forer PFC., a shareholder of a forer PFC, within the eaning of Regulations setion (j)(2)(iv), elet to ake a deeed dividend eletion with respet to the forer PFC. My holding period in the stok of the forer PFC inludes the terination date, as defined in Regulations setion (d). noe Fro a Qualified Eleting Fund (QEF). All QEF shareholders oplete lines 1a through 2. f you are aking Eletion D, also oplete lines 3a through 4. (See instrutions) 1a Enter your pro rata share of the ordinary earnings of the QEF 1a Enter the portion of line 1a that is inluded in inoe under setion 951 or that ay e exluded under setion 1293(g) 1 Sutrat line 1 fro line 1a. Enter this aount on your tax return as ordinary inoe 1 2a Enter your pro rata share of the total net apital gain of the QEF 2a Enter the portion of line 2a that is inluded in inoe under setion 951 or that ay e exluded under setion 1293(g) 2 3a Sutrat line 2 fro line 2a. This aount is a net long-ter apital gain. Enter this aount in Part of the Shedule D used for your inoe tax return. (See instrutions.) 2 Add lines 1 and 2 3a Enter the total aount of ash and the fair arket value of other property distriuted or deeed distriuted to you during the tax year of the QEF. (See instrutions.) 3 Enter the portion of line 3a not already inluded in line 3 that is attriutale to shares in the QEF that you disposed of, pledged, or otherwise transferred during the tax year 3 d Add lines 3 and 3 3d e Sutrat line 3d fro line 3a, and enter the differene (if zero or less, enter aount in rakets) 3e portant: f line 3e is greater than zero, and no portion of line 1a or 2a is inludile in inoe under setion 951, you ay ake Eletion D with respet to the aount on line 3e. 4a Enter the total tax for the tax year (See instrutions.) 4a Enter the total tax for the tax year deterined without regard to the aount entered on line 3e 4 Sutrat line 4 fro line 4a. This is the deferred tax, the tie for payent of whih is extended y aking Eletion D. See instrutions 4 For Dislosure, Privay At, and Paperwork Redution At tie, see separate instrutions. For 8621 (Rev ) N/A 2011 and

18 For 8621 (Rev ) Page 2 Part Gain or (Loss) Fro Mark-to-Market Eletion (See instrutions.) 5a Enter the fair arket value of your PFC stok at the end of the tax year 5a Enter your adjusted asis in the stok at the end of the tax year 5 Sutrat line 5 fro line 5a. f a gain, do not oplete lines 6 and 7. nlude this aount as ordinary inoe on your tax return. f a loss, go to line Enter any unreversed inlusions (as defined in setion 1296(d)) 6 7 Enter the loss fro line 5, ut only to the extent of unreversed inlusions on line 6. nlude this aount as an 8 a 9a Part V 10a d e f 11a d e f ordinary loss on your tax return 7 f you sold or otherwise disposed of any setion 1296 stok (see instrutions) during the tax year: Enter the fair arket value of the stok on the date of sale or disposition 8a Enter the adjusted asis of the stok on the date of sale or disposition 8 Sutrat line 8 fro line 8a. f a gain, do not oplete line 9. nlude this aount as ordinary inoe on your tax return. f a loss, go to line 9 8 Enter any unreversed inlusions (as defined in setion 1296(d)) 9a Enter the loss fro line 8, ut only to the extent of unreversed inlusions on line 9a. nlude this aount as an ordinary loss on your tax return. f the loss on line 8 exeeds unreversed inlusions on line 9a, oplete line 9 Enter the aount y whih the loss on line 8 exeeds unreversed inlusions on line 9a. nlude this aount on your tax return aording to the rules generally appliale for losses provided elsewhere in the Code and regulations 9 te. See instrutions in ase of ultiple dispositions. Distriutions Fro and Dispositions of Stok of a Setion 1291 Fund (See instrutions.) Coplete a separate Part V for eah exess distriution (see instrutions). Enter your total distriutions fro the setion 1291 fund during the urrent tax year with respet to the appliale stok. f the holding period of the stok egan in the urrent tax year, see instrutions 10a Enter the total distriutions (redued y the portions of suh distriutions that were exess distriutions ut not inluded in inoe under setion 1291(a)(1)(B)) ade y the fund with respet to the appliale stok for eah of the 3 years preeding the urrent tax year (or if shorter, the portion of the shareholder s holding period efore the urrent tax year) 10 Divide line 10 y 3. (See instrutions if the nuer of preeding tax years is less than 3.) 10 Multiply line 10 y 125% (1.25) 10d Sutrat line 10d fro line 10a. This aount, if ore than zero, is the exess distriution with respet to the appliale stok. f zero or less and you did not dispose of stok during the tax year, do not oplete the rest of Part V. See instrutions if you reeived ore than one distriution during the urrent tax year. Also, see instrutions for rules for reporting a nonexess distriution on your inoe tax return Enter gain or loss fro the disposition of stok of a setion 1291 fund or forer setion 1291 fund. f a gain, oplete line 11. f a loss, show it in rakets and do not oplete line 11 Attah a stateent for eah distriution and disposition. Show your holding period for eah share of stok or lok of shares held. Alloate the exess distriution to eah day in your holding period. Add all aounts that are alloated to days in eah tax year. Enter the total of the aounts deterined in line 11a that are alloale to the urrent tax year and tax years efore the foreign orporation eae a PFC (pre-pfc tax years). Enter these aounts on your inoe tax return as other inoe 11 Enter the aggregate inreases in tax (efore redits) for eah tax year in your holding period (other than the urrent tax year and pre-pfc years). (See instrutions.) 11 Foreign tax redit. (See instrutions.) 11d Sutrat line 11d fro line 11. Enter this aount on your inoe tax return as "additional tax." (See instrutions.) 11e Deterine interest on eah net inrease in tax deterined on line 11e using the rates and ethods of setion Enter the aggregate aount of interest here. (See instrutions.) 11f 9 10e 10f For 8621 (Rev )

19 For 8621 (Rev ) Page 3 Part V Status of Prior Year Setion 1294 Eletions and Terination of Setion 1294 Eletions Coplete a separate olun for eah outstanding eletion. Coplete lines 9 and 10 only if there is a partial terination of the setion 1294 eletion. Tax year of outstanding eletion Undistriuted earnings to whih the eletion relates Deferred tax nterest arued on deferred tax (line 3) as of the filing date Event terinating eletion Earnings distriuted or deeed distriuted during the tax year Deferred tax due with this return Arued interest due with this return Deferred tax outstanding after partial terination of eletion 1 0 nterest arued after partial terination of eletion (i) (ii) (iii) (iv) (v) (vi) For 8621 (Rev )

20 For 926 (Rev. Deeer 2011) Departent of the Treasury nternal Revenue Servie Part U.S. Transferor nforation (see instrutions) Nae of transferor 1 a Return y a U.S. Transferor of Property to a Foreign Corporation Attah to your inoe tax return for the year of the transfer or distriution. f the transferor was a orporation, oplete questions 1a through 1d. f the transfer was a setion 361(a) or () transfer, was the transferor ontrolled (under setion 368()) y 5 or fewer doesti orporations? Did the transferor reain in existene after the transfer? f not, list the ontrolling shareholder(s) and their identifying nuer(s): OMB Attahent Sequene. 128 dentifying nuer (see instrutions) TRNTY UNVERSTY Controlling shareholder dentifying nuer f the transferor was a eer of an affiliated group filing a onsolidated return, was it the parent orporation? f not, list the nae and eployer identifiation nuer (EN) of the parent orporation: Nae of parent orporation EN of parent orporation d Have asis adjustents under setion 367(a)(5) een ade? 2 f the transferor was a partner in a partnership that was the atual transferor (ut is not treated as suh under setion 367), oplete questions 2a through 2d. a List the nae and EN of the transferor's partnership: Nae of partnership EN of partnership SGULER GUFF DSTRESSED OPPOR. FD Did the partner pik up its pro rata share of gain on the transfer of partnership assets? s the partner disposing of its entire interest in the partnership? d s the partner disposing of an interest in a liited partnership that is regularly traded on an estalished seurities arket? Part Transferee Foreign Corporation nforation (see instrutions) 3 Nae of transferee (foreign orporation) 4 dentifying nuer, if any RP NTERNATONAL HOLDNGS, LP Address (inluding ountry) 110 EAST 59TH STREET, 33RD FLOOR NEW YORK, NY Country ode of ountry of inorporation or organization (see instrutions) CJ 7 Foreign law haraterization (see instrutions) CORPORATON 8 s the transferee foreign orporation a ontrolled foreign orporation? For Paperwork Redution At tie, see separate instrutions. For 926 (Rev )

21 For 926 (Rev ) Part Cash Type of property nforation Regarding Transfer of Property (see instrutions) (a) Date of transfer () Desription of property () Fair arket value on date of transfer 11/03/ ,824. (d) Cost or other asis (e) Gain reognized on transfer Page 2 Stok and seurities nstallent oligations, aount reeivales or siilar property Foreign urreny or other property denoinated in foreign urreny nventory Assets sujet to depreiation reapture (see Tep. Regs. se (a)-4T()) Tangile property used in trade or usiness not listed under another ategory ntangile property Property to e leased (as desried in final and tep. Regs. se (a)-4()) Property to e sold (as desried in Tep. Regs. se (a)-4T(d)) Transfers of oil and gas working interests (as desried in Tep. Regs. se (a)-4T(e)) Other property Suppleental nforation Required To Be Reported (see instrutions): For 926 (Rev )

22 For 926 (Rev ) Page 3 Part V Additional nforation Regarding Transfer of Property (see instrutions) 9 Enter the transferor's interest in the foreign transferee orporation efore and after the transfer: (a) Before % () After % a d a d NONE.01 Type of nonreognition transation (see instrutions) RC SECTON 351 ndiate whether any transfer reported in Part is sujet to any of the following: Gain reognition under setion 904(f)(3) Gain reognition under setion 904(f)(5)(F) Reapture under setion 1503(d) Exhange gain under setion 987 Did this transfer result fro a hange in the lassifiation of the transferee to that of a foreign orporation? ndiate whether the transferor was required to reognize inoe under final and teporary Regulations setions 1.367(a)-4 through 1.367(a)-6 for any of the following: Tainted property Depreiation reapture Branh loss reapture Any other inoe reognition provision ontained in the aove-referened regulations Did the transferor transfer assets whih qualify for the trade or usiness exeption under setion 367(a)(3)? 15a Did the transferor transfer foreign goodwill or going onern value as defined in Teporary Regulations setion 1.367(a)-1T(d)(5)(iii)? 16 17a f the answer to line 15a is "," enter the aount of foreign goodwill or going onern value transferred $ Was ash the only property transferred? Was intangile property (within the eaning of setion 936(h)(3)(B)) transferred as a result of the transation? f "," desrie the nature of the rights to the intangile property that was transferred as a result of the transation: For 926 (Rev )

23 For 926 (Rev. Deeer 2011) Departent of the Treasury nternal Revenue Servie Part U.S. Transferor nforation (see instrutions) Nae of transferor 1 a Return y a U.S. Transferor of Property to a Foreign Corporation Attah to your inoe tax return for the year of the transfer or distriution. f the transferor was a orporation, oplete questions 1a through 1d. f the transfer was a setion 361(a) or () transfer, was the transferor ontrolled (under setion 368()) y 5 or fewer doesti orporations? Did the transferor reain in existene after the transfer? f not, list the ontrolling shareholder(s) and their identifying nuer(s): OMB Attahent Sequene. 128 dentifying nuer (see instrutions) TRNTY UNVERSTY Controlling shareholder dentifying nuer f the transferor was a eer of an affiliated group filing a onsolidated return, was it the parent orporation? f not, list the nae and eployer identifiation nuer (EN) of the parent orporation: Nae of parent orporation EN of parent orporation d Have asis adjustents under setion 367(a)(5) een ade? 2 f the transferor was a partner in a partnership that was the atual transferor (ut is not treated as suh under setion 367), oplete questions 2a through 2d. a List the nae and EN of the transferor's partnership: Nae of partnership EN of partnership SGULER GUFF DSTRESSED OPPOR. FD Did the partner pik up its pro rata share of gain on the transfer of partnership assets? s the partner disposing of its entire interest in the partnership? d s the partner disposing of an interest in a liited partnership that is regularly traded on an estalished seurities arket? Part Transferee Foreign Corporation nforation (see instrutions) 3 Nae of transferee (foreign orporation) 4 dentifying nuer, if any SGSC BOND LMTED Address (inluding ountry) 825 THRD AVENUE, 10TH FLOOR NEW YORK, NY Country ode of ountry of inorporation or organization (see instrutions) 7 Foreign law haraterization (see instrutions) PARTNERSHP 8 s the transferee foreign orporation a ontrolled foreign orporation? For Paperwork Redution At tie, see separate instrutions. For 926 (Rev )

24 For 926 (Rev ) Part Cash Type of property nforation Regarding Transfer of Property (see instrutions) (a) Date of transfer () Desription of property () Fair arket value on date of transfer VAR 174,034. (d) Cost or other asis (e) Gain reognized on transfer Page 2 Stok and seurities nstallent oligations, aount reeivales or siilar property Foreign urreny or other property denoinated in foreign urreny nventory Assets sujet to depreiation reapture (see Tep. Regs. se (a)-4T()) Tangile property used in trade or usiness not listed under another ategory ntangile property Property to e leased (as desried in final and tep. Regs. se (a)-4()) Property to e sold (as desried in Tep. Regs. se (a)-4T(d)) Transfers of oil and gas working interests (as desried in Tep. Regs. se (a)-4T(e)) Other property Suppleental nforation Required To Be Reported (see instrutions): For 926 (Rev )

25 For 926 (Rev ) Page 3 Part V Additional nforation Regarding Transfer of Property (see instrutions) 9 Enter the transferor's interest in the foreign transferee orporation efore and after the transfer: (a) Before % () After % a d a d Type of nonreognition transation (see instrutions) RC SECTON 351 ndiate whether any transfer reported in Part is sujet to any of the following: Gain reognition under setion 904(f)(3) Gain reognition under setion 904(f)(5)(F) Reapture under setion 1503(d) Exhange gain under setion 987 Did this transfer result fro a hange in the lassifiation of the transferee to that of a foreign orporation? ndiate whether the transferor was required to reognize inoe under final and teporary Regulations setions 1.367(a)-4 through 1.367(a)-6 for any of the following: Tainted property Depreiation reapture Branh loss reapture Any other inoe reognition provision ontained in the aove-referened regulations Did the transferor transfer assets whih qualify for the trade or usiness exeption under setion 367(a)(3)? 15a Did the transferor transfer foreign goodwill or going onern value as defined in Teporary Regulations setion 1.367(a)-1T(d)(5)(iii)? 16 17a f the answer to line 15a is "," enter the aount of foreign goodwill or going onern value transferred $ Was ash the only property transferred? Was intangile property (within the eaning of setion 936(h)(3)(B)) transferred as a result of the transation? f "," desrie the nature of the rights to the intangile property that was transferred as a result of the transation: For 926 (Rev )

26 For 926 (Rev. Deeer 2011) Departent of the Treasury nternal Revenue Servie Part U.S. Transferor nforation (see instrutions) Nae of transferor 1 a Return y a U.S. Transferor of Property to a Foreign Corporation Attah to your inoe tax return for the year of the transfer or distriution. f the transferor was a orporation, oplete questions 1a through 1d. f the transfer was a setion 361(a) or () transfer, was the transferor ontrolled (under setion 368()) y 5 or fewer doesti orporations? Did the transferor reain in existene after the transfer? f not, list the ontrolling shareholder(s) and their identifying nuer(s): OMB Attahent Sequene. 128 dentifying nuer (see instrutions) TRNTY UNVERSTY Controlling shareholder dentifying nuer f the transferor was a eer of an affiliated group filing a onsolidated return, was it the parent orporation? f not, list the nae and eployer identifiation nuer (EN) of the parent orporation: Nae of parent orporation EN of parent orporation d Have asis adjustents under setion 367(a)(5) een ade? 2 f the transferor was a partner in a partnership that was the atual transferor (ut is not treated as suh under setion 367), oplete questions 2a through 2d. a List the nae and EN of the transferor's partnership: Nae of partnership EN of partnership SGULER GUFF DSTRESSED OPPOR. FD Did the partner pik up its pro rata share of gain on the transfer of partnership assets? s the partner disposing of its entire interest in the partnership? d s the partner disposing of an interest in a liited partnership that is regularly traded on an estalished seurities arket? Part Transferee Foreign Corporation nforation (see instrutions) 3 Nae of transferee (foreign orporation) 4 dentifying nuer, if any SGULER GUFF SPM Address (inluding ountry) 825 THRD AVENUE, 10TH FLOOR NEW YORK, NY Country ode of ountry of inorporation or organization (see instrutions) 7 Foreign law haraterization (see instrutions) PARTNERSHP 8 s the transferee foreign orporation a ontrolled foreign orporation? For Paperwork Redution At tie, see separate instrutions. For 926 (Rev )