SC 13G 1 x13g-0209_crft.txt SCHWARTZ INVESTMENT COUNSEL, INC. - SC 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Craftmade International, Inc. (Name of Issuer) Common Stock, $.01 par value per share (Title of Class of Securities) 22413E104 (CUSIP Number) December 31, 2008 (Date of Event which requires filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 or the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 6 CUSIP No. 22413E104 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Schwartz Investment Trust ("SIT"), on behalf of its series Fund, Ave Maria Catholic Values Fund, FEIN 38-3594145. --------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] --------------------------------------------------------------------------- 3. SEC USE ONLY --------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION SIT - Ohio --------------------------------------------------------------------------- 5. SOLE VOTING POWER NUMBER OF SHARES BENEFICIALLY SIT-250,000 shares OWNED BY --------------------------------------------- EACH 6. SHARED VOTING POWER REPORTING PERSON WITH --------------------------------------------- 7. SOLE DISPOSITIVE POWER SIT-250,000 shares --------------------------------------------- 8. SHARED DISPOSITIVE POWER ------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SIT-250,000 shares ------------------------------------------------------------------------- Page 2 of 6 ------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUES CERTAIN SHARES [ ] ------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) SIT - 4.4% ------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON SIT - IV ------------------------------------------------------------------------- Page 3 of 6 Item 1. (a) Name of Issuer Craftmade International, Inc. (b) Address of Issuer's Principal Executive Offices 650 South Royal Lane, Suite 100 Coppell, TX 75019 Item 2. (a) Name of Person Filing Schwartz Investment Trust ("SIT") (b) Address of Principal Business Office or, if none, Residence 3707 W. Maple Rd., Suite 100 Bloomfield Hills, MI 48301 (c) Citizenship: SIT-OH (d) Title of Class of Securities: Common Stock, par value $.01 per share (e) CUSIP Number: 22413E104 Item 3. If this statement is filed pursuant to (s)240.13d-1(b), or (s)240.13d-2(b), or (c), check whether the person filing is a: (d) [X] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). Page 4 of 6 Item 4. Ownership (a) Amount Beneficially Owned: SIT-250,000 shares (b) Percent of Class: SIT-4.4% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: SIT-250,000 shares (ii) shared power to vote or to direct the vote (iii) sole power to dispose or to direct the disposition: SIT-250,000 shares (iv) shared power to dispose or to direct the disposition: Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [x]. Page 5 of 6 Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable Item 8. Identification and Classification of Members of the Group. Not Applicable Item 9. Notice of Dissolution of Group. Not Applicable Page 6 of 6 Item 10. Certification. (a) The following certification shall be included if the statement is filed pursuant to 240.13d-1(b): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 2, 2009 February 2, 2009 ---------------------------------- ---------------------------------------- Date Date /s/ George P. Schwartz /s/ George P. Schwartz ---------------------------------- ---------------------------------------- Signature Signature George P. Schwartz, CFA, President George P. Schwartz, CFA, President Schwartz Investment Counsel, Inc. Schwartz Investment Trust ---------------------------------- ---------------------------------------- Name/Title Name/Title