Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2010
For calendar year 2010, or tax year beginning 01-01-2010 , and ending 12-31-2010
G
Check all that apply:
Name of foundation
WINLEY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)2303 SALT POINT TURNPIKE   Room/suite
City or town, state, and ZIP code
CLINTON CORNERS, NY12514
A Employer identification number

52-1230146
B Telephone number (see page 10 of the instructions)

(845) 266-3065
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$18,792,701J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 99,352
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 568,207 568,207  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 422,044
b Gross sales price for all assets on line 6a 13,007,606
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 6,593    
12 Total. Add lines 1 through 11........ 1,096,196 568,207  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 35,004 17,502    
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 6,000 5,400    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 17,576 17,576    
19 Depreciation (attach schedule) and depletion... Click to see attachment 16    
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 71,550 70,800    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 130,146 111,278   0
25 Contributions, gifts, grants paid........ 1,360,000 1,360,000
26 Total expenses and disbursements. Add lines 24 and 25 1,490,146 111,278   1,360,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -393,950
b Net investment income (if negative, enter -0-) 456,929
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 4,974 5,814 5,814
2 Savings and temporary cash investments.......... 801,391 358,444 358,444
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 9,157,079 Click to see attachment8,363,244 8,503,040
b Investments—corporate stock (attach schedule)........ 6,469,573 Click to see attachment6,414,873 8,510,411
c Investments—corporate bonds (attach schedule)........ 502,872 Click to see attachment1,407,618 1,414,992
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet810
Less: accumulated depreciation (attach schedule) bullet787 39 Click to see attachment23  
15 Other assets (describe bullet) Click to see attachment8,038    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 16,943,966 16,550,016 18,792,701
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 16,943,966 16,550,016
30 Total net assets or fund balances (see page 17 of the
instructions).................... 16,943,966 16,550,016
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 16,943,966 16,550,016
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 16,943,966
2 Enter amount from Part I, line 27a...................... 2 -393,950
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 16,550,016
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 16,550,016
Form 990-PF (2010)
Form 990-PF (2010)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2009 1,030,000 17,874,106 0.057625
2008 1,343,536 20,650,033 0.065062
2007 1,401,077 23,325,101 0.060067
2006 1,877,739 22,651,275 0.082898
2005 1,983,486 22,243,903 0.089170
2 Total of line 1, column (d) ...................... 2 0.354822
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.070964
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 18,770,806
5 Multiply line 4 by line 3....................... 5 1,332,051
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 4,569
7 Add lines 5 and 6......................... 7 1,336,620
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,360,000
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2010)
Form 990-PF (2010)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 4,569
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 4,569
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 4,569
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 16,000
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 16,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 11,431
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet11,431 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?.............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletNY
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletNONE
    14
    The books are in care ofbulletANNA M BARONE Telephone no.bullet (845) 266-3065
    Located atbullet2303 SALT POINT TURNPIKECLINTON CORNERSNY ZIP+4bullet12514
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
     
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2010?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    TATIANA NAGROClick to see attachment PRESIDENT
    3.00     		0 0 0
    56 CEDAR ROAD
    WHITEHOUSE STATION,NJ08889
    EDWARD J WALSH JRClick to see attachment SECRETARY
    3.00     		0 0 0
    100 NORTH VILLAGE AVE STE 35
    ROCKVILLE CENTRE,NY115703712
    HEIDI PRESCOTTClick to see attachment VICE PRESIDE
    3.00     		0 0 0
    700 PROFESSIONAL DRIVE STE A
    GAITHERSBURG,VA20041
    CATHY LISSClick to see attachment VICE PRESIDE
    3.00     		0 0 0
    PO BOX 3650
    WASHINGTON,DC20027
    ANNA M BARONEClick to see attachment TREASURER
    20.00     		35,004 0 0
    2303 SALT POINT TURNPIKE
    CLINTON CORNERS,NY12514
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the 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
    18,038,700
    b
    Average of monthly cash balances.......................
    1b
    1,017,933
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    23
    d
    Total (add lines 1a, b, and c).........................
    1d
    19,056,656
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d..........................
    3
    19,056,656
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    285,850
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    18,770,806
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    938,540
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    938,540
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    4,569
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,569
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    933,971
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    933,971
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    933,971
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,360,000
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,360,000
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
    4,569
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    1,355,431
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2009     		(c)
    2009     		(d)
    2010
    1 Distributable amount for 2010 from Part XI, line 7 933,971
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006....... 530,215
    c From 2007....... 274,668
    d From 2008....... 323,962
    e From 2009....... 146,381
    fTotal of lines 3a through e......... 1,275,226
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 1,360,000
    a Applied to 2009, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2010 distributable amount..... 933,971
    e Remaining amount distributed out of corpus 426,029
    5 Excess distributions carryover applied to 2010.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,701,255
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		1,701,255
    10 Analysis of line 9:
    a Excess from 2006.... 530,215
    b Excess from 2007.... 274,668
    c Excess from 2008.... 323,962
    d Excess from 2009.... 146,381
    e Excess from 2010.... 426,029
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2010 (b) 2009 (c) 2008 (d) 2007
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    ANNA M BARONE
    WINLEY FOUNDATION
    2303 SALT POINT TURNPIKE
    CLINTON CORNERS,NY12514
    (845) 266-3065
    bThe form in which applications should be submitted and information and materials they should include:
    TYPEWRITTEN REQUEST TO INCLUDE NAME OF APPLICANT, ADDRESS, TELEPHONE , CONTACT PERSON, REASON FOR REQUEST, CHARITABLE PURPOSE OF ORGANIZATION.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    HUMANE SOCIETY US
    2100 L STREET NW
    WASHINGTON,DC20037     		    FOR BENEFIT OF ANIMALS 308,740
    ANIMAL WELFARE INSTITUTE
    900 PENNSYLVANIA AVE SE
    WASHINGTON,DC20003     		    FOR BENEFIT OF ANIMALS 308,740
    INTERNATIONAL PRIMATE PRO
    PO BOX 766
    SUMMERVILLE,SC29484     		    FOR BENEFIT OF ANIMALS 308,740
    HEART
    PO BOX 738
    MAMARONECK,NY10543     		    FOR BENEFIT OF ANIMALS 40,000
    EQUINE RESCUE
    PO BOX 392
    WALDEN,NY12586     		    FOR BENEFIT OF ANIMALS 30,000
    FRIENDS OF WASHOE
    400 E UNIVERSITY WAY
    ELLENSBURG,WA989267573     		    FOR BENEFIT OF ANIMALS 43,780
    GLOBAL FED ANIMAL SANCTUA
    PO BOX 32294
    WASHINGTON,DC20007     		    FOR BENEFIT OF ANIMALS 60,000
    SPECIES SURVIAL NETWORK
    2100 L STREET NW
    WASHINGTON,DC20037     		    FOR BENEFIT OF ANIMALS 60,000
    BORN FREE USA
    PO BOX 32160
    WASHINGTON,DC20007     		    FOR BENEFIT OF ANIMALS 150,000
    CHIMPANZEE SANCTUARY NORT
    PO BOX 952
    CLE ELUM,WA98922     		    FOR BENEFIT OF ANIMALS 15,000
    COMPASSION OVER KILLING
    PO BOX 9773
    WASHINGTON,DC20016     		    FOR BENEFIT OF ANIMALS 20,000
    NYS HUMANE ASSOCIATION
    PO BOX 3068
    KINGSTON,NY12402     		    FOR BENEFIT OF ANIMALS 15,000
    Total .................................bullet 3a 1,360,000
    bApproved for future payment
    Total ..................................bullet 3b  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments          
    4 Dividends and interest from securities....     14 568,207  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     14 422,044  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aAOL TIME WARNER INC SEC LIT     14 1,712  
    bMERRILL LYNCH SETTLEMENT FD     14 77  
    cWORLDCOM SETTLEMENT FD     14 424  
    dOWEST SEC LITIG CLAIMS     14 1,482  
    eRENAISSANCERE HLDGS LTD SEC     14 2,898  
    12 Subtotal. Add columns (b), (d), and (e)..   996,844  
    13Total. Add line 12, columns (b), (d), and (e)...................
    13996,844
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash....................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements............................
    1b(4)
     
    No
    (5) Loans or loan guarantees..............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2010)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2010
    Name of organization
    WINLEY FOUNDATION
     
    Employer identification number

    52-1230146
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    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—
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990, or check the box in the heading of its
    Form 990-EZ, or on line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part I
    Name of organization
    WINLEY FOUNDATION
          		Employer identification number

    52-1230146
    Part I
    Contributors (see Instructions)
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    1
     
     

    92462 TRUST UA AMORY WINTHROP    
    C/O EDWARD J WALSH JR TRUSTEE
    100 NORTH VILLAGE AVE STE 35  
    ROCKVILLE CENTRE, NY   115703712

    		$82,352




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    2
     
     

    TRUST UW AMORY WINTHROP    
    C/O EDWARD J WALSH JR TRUSTEE
    100 NORTH VILLAGE AVE STE 35  
    ROCKVILLE CENTRE, NY   115703712

    		$16,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part II
    Name of organization
    WINLEY FOUNDATION
          		Employer identification number

    52-1230146
    Part II
    Noncash Property (see Instructions)
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part III
    Name of organization
    WINLEY FOUNDATION
          		Employer identification number

    52-1230146
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    aggregating more than $1,000 for the year. (Complete columns (a) through (e) and the following line entry.)
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2010 AccountingFeesSchedule
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 6,000 5,400    

    TY 2010 CompensationExplanation
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Person Name Explanation
    TATIANA NAGRO  
    EDWARD J WALSH JR  
    HEIDI PRESCOTT  
    CATHY LISS  
    ANNA M BARONE  

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

    TY 2010 DepreciationSchedule
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    2 TRESTLE TABLES 2000-01-01 75 75 S/L 7.0000        
    3 METAL FILE CABINETS & DESK CHAIR 2000-01-01 100 100 S/L 7.0000        
    COPIER 2002-05-21 500 500 S/L 5.0000        
    PRINTER 2007-03-28 135 96 200DB 5.0000 16      

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    TY 2010 GainLossSaleOtherAssetsSch
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    10731-FN 4 888700 2007-09 PURCHASE 2010-01   10,731 10,170     561  
    12156-FG 5 J02774 2009-05 PURCHASE 2010-01   12,156 12,690     -534  
    4200-PENNEY J C INC 2008-07 PURCHASE 2010-01   107,763 129,556     -21,793  
    18140-FG 4.5 G13085 2008-06 PURCHASE 2010-01   18,140 17,687     453  
    10909-FH ARM 1Q0271 2007-08 PURCHASE 2010-01   10,909 10,906     3  
    200000-T 3.125 5/15/19 2009-06 PURCHASE 2010-01   193,129 189,211     3,918  
    110000-T 3.125 5/15/19 2009-06 PURCHASE 2010-01   106,221 105,405     816  
    565000-T 3.125 5/15/19 2009-12 PURCHASE 2010-01   545,588 549,471     -3,883  
    1400-BANK OF AMERICA 2009-05 PURCHASE 2010-01   21,138 15,373     5,765  
    2100-BANK OF AMERICA 2009-07 PURCHASE 2010-01   31,706 25,447     6,259  
    4519-FN 5 256543 2007-09 PURCHASE 2010-01   4,519 4,457     62  
    4605-FN 5.5 836178 2007-09 PURCHASE 2010-01   4,605 4,551     54  
    13586-FN 5 725429 2009-05 PURCHASE 2010-01   13,586 14,200     -614  
    6706-FN 5.5 555409 2009-01 PURCHASE 2010-01   6,706 6,962     -256  
    2957-FN 6 943010 2007-09 PURCHASE 2010-01   2,957 2,981     -24  
    28339-FN 6 988579 2009-10 PURCHASE 2010-01   28,339 30,004     -1,665  
    7983-FN 6.0 735502 2009-03 PURCHASE 2010-01   7,982 8,289     -307  
    4860-FN ARM 835327 2008-11 PURCHASE 2010-01   4,860 4,905     -45  
    3500-BANK OF AMERICA 2009-07 PURCHASE 2010-02   52,149 42,411     9,738  
    1600-AIR PRODS & CHE 2008-11 PURCHASE 2010-02   109,334 92,423     16,911  
    400-AIR PRODS & CHE 2008-12 PURCHASE 2010-02   27,334 19,960     7,374  
    9206-FG 5 J02774 2009-05 PURCHASE 2010-02   9,206 9,610     -404  
    12474-FG 4.5 G13085 2008-06 PURCHASE 2010-02   12,474 12,162     312  
    4774-FH ARM 1Q0271 2007-08 PURCHASE 2010-02   4,774 4,772     2  
    600-CISCO SYS INC 2006-08 PURCHASE 2010-02   14,424 10,531     3,893  
    800-INTEL CORP 1994-10 PURCHASE 2010-02   16,304 18,463     -2,159  
    250-INTL BUS MACH 1998-02 PURCHASE 2010-02   31,711 13,187     18,524  
    1000-ORACLE CORP 2004-05 PURCHASE 2010-02   24,540 11,373     13,167  
    100-VISA INC 2008-06 PURCHASE 2010-02   8,649 7,867     782  
    100-VISA INC 2008-07 PURCHASE 2010-02   8,649 7,335     1,314  
    8726-FN 5 256543 2007-09 PURCHASE 2010-02   8,726 8,608     118  
    8564-FN 5.5 836178 2007-09 PURCHASE 2010-02   8,564 8,462     102  
    5000-SYMANTEC CORP 2009-09 PURCHASE 2010-02   82,905 78,560     4,345  
    5785-FN 4 888700 2007-09 PURCHASE 2010-02   5,785 5,482     303  
    13753-FN 5 725429 2009-05 PURCHASE 2010-02   13,753 14,375     -622  
    3577-FN 5.5 555409 2009-01 PURCHASE 2010-02   3,577 3,713     -136  
    1819-FN 6 943010 2007-09 PURCHASE 2010-02   1,819 1,833     -14  
    24651-FN 6 988579 2009-10 PURCHASE 2010-02   24,651 26,100     -1,449  
    5894-FN 6.0 735502 2009-03 PURCHASE 2010-02   5,894 6,120     -226  
    2948-FN ARM 835327 2008-11 PURCHASE 2010-02   2,948 2,975     -27  
    1500-AT&T INC 2009-03 PURCHASE 2010-03   38,040 38,010     30  
    214-INTL BUS MACH 1998-02 PURCHASE 2010-03   27,236 11,289     15,947  
    180-INTL BUS MACH 1998-02 PURCHASE 2010-03   22,909 9,495     13,414  
    156-INTL BUS MACH 1998-02 PURCHASE 2010-03   19,855 8,229     11,626  
    300-INTL BUS MACH 1998-02 PURCHASE 2010-03   38,182 15,825     22,357  
    12646-FG 5 J02774 2009-05 PURCHASE 2010-03   12,646 13,201     -555  
    10261-FG 4.5 G13085 2008-06 PURCHASE 2010-03   10,261 10,005     256  
    24761-FH ARM 1Q0271 2007-08 PURCHASE 2010-03   24,761 24,753     8  
    6060-FN 5 256543 2007-09 PURCHASE 2010-03   6,060 5,978     82  
    9017-FN 5.5 836178 2007-09 PURCHASE 2010-03   9,017 8,910     107  
    10173-FN 4 888700 2007-09 PURCHASE 2010-03   10,173 9,641     532  
    10255-FN 5 725429 2009-05 PURCHASE 2010-03   10,255 10,718     -463  
    3979-FN 5.5 555409 2009-01 PURCHASE 2010-03   3,979 4,131     -152  
    4459-FN 6 943010 2007-09 PURCHASE 2010-03   4,459 4,495     -36  
    20070-FN 6 988579 2009-10 PURCHASE 2010-03   20,070 21,249     -1,179  
    5745-FN 6.0 735502 2009-03 PURCHASE 2010-03   5,745 5,966     -221  
    2586-FN ARM 835327 2008-11 PURCHASE 2010-03   2,586 2,610     -24  
    311577-FN 6.0 735502 2009-03 PURCHASE 2010-04   335,514 323,564     11,950  
    8743-FG 5 J02774 2009-05 PURCHASE 2010-04   8,742 9,126     -384  
    4000-STARBUCKS CORP 2009-04 PURCHASE 2010-04   98,165 47,360     50,805  
    12777-FG 4.5 G13085 2008-06 PURCHASE 2010-04   12,777 12,458     319  
    62414-FH ARM 1Q0271 2007-08 PURCHASE 2010-04   62,414 62,395     19  
    700-JPMORGAN CHASE 2009-01 PURCHASE 2010-04   33,658 15,855     17,803  
    500-MOLSON COORS BR 2008-08 PURCHASE 2010-04   22,207 25,177     -2,970  
    900-BAXTER INTL INC 2010-04 PURCHASE 2010-04   44,742 53,540     -8,798  
    8509-FN 5 256543 2007-09 PURCHASE 2010-04   8,509 8,394     115  
    15748-FN 5.5 836178 2007-09 PURCHASE 2010-04   15,748 15,561     187  
    8813-FN 4 888700 2007-09 PURCHASE 2010-04   8,813 8,352     461  
    12924-FN 5 725429 2009-05 PURCHASE 2010-04   12,924 13,508     -584  
    3874-FN 5.5 555409 2009-01 PURCHASE 2010-04   3,874 4,022     -148  
    4098-FN 6 943010 2007-09 PURCHASE 2010-04   4,098 4,131     -33  
    11062-FN 6 988579 2009-10 PURCHASE 2010-04   11,062 11,712     -650  
    8196-FN 6.0 735502 2009-03 PURCHASE 2010-04   8,196 8,511     -315  
    5032-FN ARM 835327 2008-11 PURCHASE 2010-04   5,032 5,079     -47  
    1000-COMCAST A SPL 2007-10 PURCHASE 2010-04   18,078 24,067     -5,989  
    2300-JPMORGAN CHASE 2009-01 PURCHASE 2010-04   99,555 52,094     47,461  
    5500-COMCAST A SPL 2007-11 PURCHASE 2010-04   101,003 105,050     -4,047  
    110000-FHLMC 1.75 6/12 2009-05 PURCHASE 2010-04   111,176 109,919     1,257  
    95000-FNMA 1.875 4/12 2009-05 PURCHASE 2010-04   96,367 95,572     795  
    900-REPUBLIC SVCS 2009-05 PURCHASE 2010-04   27,095 21,233     5,862  
    295000-T 1.75 8/15/12 2009-12 PURCHASE 2010-04   298,890 300,397     -1,507  
    1000-JPMORGAN CHASE 2009-01 PURCHASE 2010-04   42,533 22,649     19,884  
    2200-REPUBLIC SVCS 2009-05 PURCHASE 2010-04   68,596 51,903     16,693  
    3000-COMCAST A SPL 2007-11 PURCHASE 2010-05   57,669 57,300     369  
    200-COMCAST A SPL 2008-02 PURCHASE 2010-05   3,844 3,656     188  
    8861-FG 5 J02774 2009-05 PURCHASE 2010-05   8,861 9,250     -389  
    10276-FG 4.5 G13085 2008-06 PURCHASE 2010-05   10,276 10,019     257  
    12159-FH ARM 1Q0271 2007-08 PURCHASE 2010-05   12,159 12,156     3  
    900-VISA INC 2008-07 PURCHASE 2010-05   67,231 66,012     1,219  
    2000-WELLS FARGO CO 2008-07 PURCHASE 2010-05   62,339 50,526     11,813  
    15000-FNMA 1.875 4/12 2009-05 PURCHASE 2010-05   15,263 15,090     173  
    100000-T 2.125 11/14 2010-01 PURCHASE 2010-05   100,731 99,002     1,729  
    12458-FN 5 256543 2007-09 PURCHASE 2010-05   12,458 12,289     169  
    7943-FN 5.5 836178 2007-09 PURCHASE 2010-05   7,943 7,848     95  
    8510-FN 4 888700 2007-09 PURCHASE 2010-05   8,510 8,064     446  
    12318-FN 5 725429 2009-05 PURCHASE 2010-05   12,318 12,874     -556  
    4827-FN 5.5 555409 2009-01 PURCHASE 2010-05   4,827 5,012     -185  
    10263-FN 6 943010 2007-09 PURCHASE 2010-05   10,263 10,347     -84  
    25827-FN 6 988579 2009-10 PURCHASE 2010-05   25,827 27,345     -1,518  
    26450-FN 6.0 735502 2009-03 PURCHASE 2010-05   26,450 27,467     -1,017  
    2301-FN ARM 835327 2008-11 PURCHASE 2010-05   2,301 2,323     -22  
    150000-T 2.125 11/14 2010-01 PURCHASE 2010-05   151,004 148,503     2,501  
    4300-SCHWAB CHARLES 2009-10 PURCHASE 2010-06   71,591 79,691     -8,100  
    770000-T 3.125 5/15/19 2009-12 PURCHASE 2010-06   766,014 748,837     17,177  
    125000-T 3.125 5/15/19 2009-12 PURCHASE 2010-06   124,353 118,473     5,880  
    10000-T 3.125 5/15/19 2009-12 PURCHASE 2010-06   9,948 9,488     460  
    20000-T 5 08/15/11 2002-01 PURCHASE 2010-06   21,065 19,837     1,228  
    235000-T 2.125 11/14 2010-01 PURCHASE 2010-06   236,802 232,655     4,147  
    10825-FG 5 J02774 2009-05 PURCHASE 2010-06   10,825 11,300     -475  
    8554-FG 4.5 G13085 2008-06 PURCHASE 2010-06   8,554 8,340     214  
    3777-FG 6.5 A64908 2010-04 PURCHASE 2010-06   3,777 4,103     -326  
    9638-FH ARM 1Q0271 2007-08 PURCHASE 2010-06   9,638 9,635     3  
    370000-T 2.125 11/14 2010-01 PURCHASE 2010-06   375,698 366,308     9,390  
    155000-T 2.125 11/14 2010-01 PURCHASE 2010-06   157,387 153,526     3,861  
    30000-T 2.125 11/14 2010-02 PURCHASE 2010-06   30,462 29,889     573  
    2816-FN 5 256543 2007-09 PURCHASE 2010-06   2,816 2,778     38  
    51655-FN 5.5 836178 2007-09 PURCHASE 2010-06   51,655 51,042     613  
    5974-FN 4 888700 2007-09 PURCHASE 2010-06   5,974 5,661     313  
    21298-FN 5 725429 2009-05 PURCHASE 2010-06   21,298 22,260     -962  
    11381-FN 5.5 555409 2009-01 PURCHASE 2010-06   11,381 11,815     -434  
    6061-FN 6 911568 2010-04 PURCHASE 2010-06   6,061 6,502     -441  
    4518-FN 6 943010 2007-09 PURCHASE 2010-06   4,518 4,555     -37  
    10452-FN 6 966851 2010-04 PURCHASE 2010-06   10,452 11,167     -715  
    23335-FN 6 988579 2009-10 PURCHASE 2010-06   23,335 24,706     -1,371  
    12698-FN ARM 835327 2008-11 PURCHASE 2010-06   12,698 12,816     -118  
    3000-EBAY INC 2010-03 PURCHASE 2010-06   59,893 76,577     -16,684  
    9633-FG 5 J02774 2009-05 PURCHASE 2010-07   9,633 10,056     -423  
    14442-FG 4.5 G13085 2008-06 PURCHASE 2010-07   14,442 14,081     361  
    13069-FG 6.5 A64908 2010-04 PURCHASE 2010-07   13,069 14,196     -1,127  
    24245-FH ARM 1Q0271 2007-08 PURCHASE 2010-07   24,245 24,238     7  
    530203-FN 6 988579 2009-10 PURCHASE 2010-07   576,985 561,363     15,622  
    225000-MS 5.3 3/1/13 2010-06 PURCHASE 2010-07   239,036 232,089     6,947  
    140710-FN ARM 835327 2008-11 PURCHASE 2010-07   149,586 142,018     7,568  
    2845-FN 5 256543 2007-09 PURCHASE 2010-07   2,845 2,807     38  
    26384-FN 5.5 836178 2007-09 PURCHASE 2010-07   26,384 26,072     312  
    17948-FN 4 888700 2007-09 PURCHASE 2010-07   17,948 17,009     939  
    14354-FN 5 725429 2009-05 PURCHASE 2010-07   14,354 15,002     -648  
    4454-FN 5.5 555409 2009-01 PURCHASE 2010-07   4,453 4,623     -170  
    5926-FN 6 911568 2010-04 PURCHASE 2010-07   5,926 6,357     -431  
    2928-FN 6 943010 2007-09 PURCHASE 2010-07   2,928 2,952     -24  
    10295-FN 6 966851 2010-04 PURCHASE 2010-07   10,295 10,998     -703  
    23366-FN 6 988579 2009-10 PURCHASE 2010-07   23,366 24,739     -1,373  
    5060-FN ARM 835327 2008-11 PURCHASE 2010-07   5,060 5,107     -47  
    165641-FN 6 966851 2010-04 PURCHASE 2010-07   180,326 176,964     3,362  
    30000-T 2.125 11/14 2010-02 PURCHASE 2010-07   30,755 29,889     866  
    80000-T 2.125 11/14 2010-03 PURCHASE 2010-07   82,014 78,612     3,402  
    750-WAL-MART STORES 2007-05 PURCHASE 2010-07   38,141 36,228     1,913  
    201-INTEL CORP 1994-10 PURCHASE 2010-08   4,138 4,638     -500  
    2000-INTEL CORP 1994-10 PURCHASE 2010-08   41,179 46,156     -4,977  
    2199-INTEL CORP 1994-10 PURCHASE 2010-08   45,276 50,749     -5,473  
    100000-T 3.125 5/15/19 2009-12 PURCHASE 2010-08   103,871 94,876     8,995  
    3350-HEWLETT PACKARD 2008-02 PURCHASE 2010-08   142,799 129,560     13,239  
    1150-HEWLETT PACKARD 2009-03 PURCHASE 2010-08   49,020 54,082     -5,062  
    25000-T 2.125 11/14 2010-03 PURCHASE 2010-08   25,823 24,566     1,257  
    7660-FG 5 J02774 2009-05 PURCHASE 2010-08   7,660 7,997     -337  
    15271-FG 4.5 G13085 2008-06 PURCHASE 2010-08   15,271 14,890     381  
    2763-FG 4.5 G13844 2010-06 PURCHASE 2010-08   2,763 2,916     -153  
    33061-FG 6.5 A64908 2010-04 PURCHASE 2010-08   33,061 35,914     -2,853  
    20558-FH ARM 1Q0271 2007-08 PURCHASE 2010-08   20,558 20,551     7  
    1003-FN 5 256543 2007-09 PURCHASE 2010-08   1,003 989     14  
    2203-FN 5.5 836178 2007-09 PURCHASE 2010-08   2,203 2,177     26  
    13552-FN 4 888700 2007-09 PURCHASE 2010-08   13,552 12,843     709  
    10777-FN 5 725429 2009-05 PURCHASE 2010-08   10,777 11,264     -487  
    6737-FN 5.5 555409 2009-01 PURCHASE 2010-08   6,737 6,995     -258  
    7646-FN 6 911568 2010-04 PURCHASE 2010-08   7,646 8,202     -556  
    3056-FN 6 943010 2007-09 PURCHASE 2010-08   3,056 3,080     -24  
    6925-FN 6 966851 2010-04 PURCHASE 2010-08   6,925 7,398     -473  
    20943-FN 6 988579 2009-10 PURCHASE 2010-08   20,943 22,174     -1,231  
    257-FN ARM 835327 2008-11 PURCHASE 2010-08   257 259     -2  
    14224-FG 5 J02774 2009-05 PURCHASE 2010-09   14,224 14,849     -625  
    19330-FG 4.5 G13085 2008-06 PURCHASE 2010-09   19,330 18,848     482  
    2939-FG 4.5 G13844 2010-06 PURCHASE 2010-09   2,939 3,102     -163  
    25077-FG 5 G13298 2010-07 PURCHASE 2010-09   25,077 26,782     -1,705  
    23878-FG 6.5 A64908 2010-04 PURCHASE 2010-09   23,878 25,938     -2,060  
    12848-FH ARM 1Q0271 2007-08 PURCHASE 2010-09   12,848 12,844     4  
    3200-COMCAST A SPL 2008-02 PURCHASE 2010-09   54,038 58,503     -4,465  
    2110-FN 5 256543 2007-09 PURCHASE 2010-09   2,110 2,081     29  
    5092-FN 5.5 836178 2007-09 PURCHASE 2010-09   5,092 5,032     60  
    11404-FN 4 888700 2007-09 PURCHASE 2010-09   11,404 10,807     597  
    11523-FN 5 257234 2010-07 PURCHASE 2010-09   11,523 12,319     -796  
    17259-FN 5 725429 2009-05 PURCHASE 2010-09   17,259 18,038     -779  
    7305-FN 5.5 555409 2009-01 PURCHASE 2010-09   7,305 7,584     -279  
    289-FN 6 911568 2010-04 PURCHASE 2010-09   289 310     -21  
    1628-FN 6 943010 2007-09 PURCHASE 2010-09   1,628 1,642     -14  
    2200-MICROSOFT CORP 2004-06 PURCHASE 2010-09   53,985 57,216     -3,231  
    4000-MICROSOFT CORP 2005-06 PURCHASE 2010-09   98,154 100,340     -2,186  
    255182-FG 6.5 A64908 2010-04 PURCHASE 2010-10   279,499 277,203     2,296  
    40000-T 2.125 11/14 2010-03 PURCHASE 2010-10   41,992 39,306     2,686  
    60000-T 2.125 11/14 2010-04 PURCHASE 2010-10   62,988 59,365     3,623  
    9905-FG 5 J02774 2009-05 PURCHASE 2010-10   9,905 10,340     -435  
    20198-FG 4.5 G13085 2008-06 PURCHASE 2010-10   20,198 19,694     504  
    3549-FG 4.5 G13844 2010-06 PURCHASE 2010-10   3,549 3,746     -197  
    19757-FG 5 G13298 2010-07 PURCHASE 2010-10   19,757 21,101     -1,344  
    11669-FG 6.5 A64908 2010-04 PURCHASE 2010-10   11,669 12,676     -1,007  
    69-FH ARM 1H1428 2010-07 PURCHASE 2010-10   69 73     -4  
    8250-FH ARM 1Q0271 2007-08 PURCHASE 2010-10   8,250 8,248     2  
    1871-FN 5 256543 2007-09 PURCHASE 2010-10   1,871 1,845     26  
    4791-FN 5.5 836178 2007-09 PURCHASE 2010-10   4,791 4,734     57  
    26035-FN 4 888700 2007-09 PURCHASE 2010-10   26,035 24,673     1,362  
    7706-FN 5 257234 2010-07 PURCHASE 2010-10   7,706 8,239     -533  
    11806-FN 5 725429 2009-05 PURCHASE 2010-10   11,806 12,339     -533  
    6250-FN 5.5 555409 2009-01 PURCHASE 2010-10   6,250 6,488     -238  
    2119-FN 6 911568 2010-04 PURCHASE 2010-10   2,119 2,274     -155  
    2765-FN 6 943010 2007-09 PURCHASE 2010-10   2,765 2,788     -23  
    100000-T 2.125 11/14 2010-04 PURCHASE 2010-11   105,559 98,941     6,618  
    13600-KEYCORP NEW 2010-06 PURCHASE 2010-11   112,726 114,445     -1,719  
    50000-T 2.125 11/14 2010-04 PURCHASE 2010-11   52,307 49,471     2,836  
    30000-T 2.125 11/14 2010-05 PURCHASE 2010-11   31,384 30,091     1,293  
    20000-T 2.125 11/14 2010-05 PURCHASE 2010-11   20,923 20,104     819  
    2500-SMART TECHNOLOG 2010-07 PURCHASE 2010-11   23,049 42,234     -19,185  
    125000-T 2.125 11/14 2010-05 PURCHASE 2010-11   130,912 125,648     5,264  
    230000-T 2.125 11/14 2010-06 PURCHASE 2010-11   240,879 232,610     8,269  
    11861-FG 5 J02774 2009-05 PURCHASE 2010-11   11,861 12,382     -521  
    22228-FG 4.5 G13085 2008-06 PURCHASE 2010-11   22,228 21,673     555  
    3672-FG 4.5 G13844 2010-06 PURCHASE 2010-11   3,672 3,876     -204  
    20316-FG 5 G13298 2010-07 PURCHASE 2010-11   20,316 21,698     -1,382  
    12346-FG 6 G08232 2010-10 PURCHASE 2010-11   12,346 13,338     -992  
    12346-FG 6 G08232 2010-10 PURCHASE 2010-12   11,617 12,550     -933  
    7415-FH ARM 1H1428 2010-07 PURCHASE 2010-11   7,415 7,903     -488  
    14462-FH ARM 1Q0271 2007-08 PURCHASE 2010-11   14,462 14,457     5  
    1401-FN 5 256543 2007-09 PURCHASE 2010-11   1,401 1,382     19  
    14203-FN 5.5 836178 2007-09 PURCHASE 2010-11   14,203 14,034     169  
    20635-FN 4 888700 2007-09 PURCHASE 2010-11   20,635 19,555     1,080  
    12924-FN 5 257234 2010-07 PURCHASE 2010-11   12,924 13,817     -893  
    13663-FN 5 725429 2009-05 PURCHASE 2010-11   13,663 14,281     -618  
    9042-FN 5.5 555409 2009-01 PURCHASE 2010-11   9,042 9,388     -346  
    275-FN 6 911568 2010-04 PURCHASE 2010-11   275 295     -20  
    1488-FN 6 943010 2007-09 PURCHASE 2010-11   1,488 1,500     -12  
    410000-T 2.125 11/14 2010-06 PURCHASE 2010-12   424,430 414,653     9,777  
    275000-T 2.125 11/14 2010-06 PURCHASE 2010-12   285,052 278,121     6,931  
    60000-T 2.125 11/14 2010-06 PURCHASE 2010-12   62,193 61,287     906  
    1235000-T 3.125 5/15/19 2009-12 PURCHASE 2010-12   1,261,418 1,171,725     89,693  
    155000-T 3.125 5/15/19 2010-10 PURCHASE 2010-12   158,316 164,297     -5,981  
    125000-T 2.125 11/14 2010-06 PURCHASE 2010-12   128,009 127,681     328  
    115000-T 2.125 11/14 2010-07 PURCHASE 2010-12   117,769 117,772     -3  
    13000-FG 5 J02774 2009-05 PURCHASE 2010-12   13,000 13,571     -571  
    225000-MS 6 5/13/14 2010-07 PURCHASE 2010-12   241,563 244,019     -2,456  
    65000-T 2.625 11/20 2010-12 PURCHASE 2010-12   60,455 62,246     -1,791  
    19457-FG 4.5 G13085 2008-06 PURCHASE 2010-12   19,457 18,971     486  
    8309-FG 4.5 G13844 2010-06 PURCHASE 2010-12   8,309 8,770     -461  
    18755-FG 5 G13298 2010-07 PURCHASE 2010-12   18,755 20,031     -1,276  
    6947-FH ARM 1H1428 2010-07 PURCHASE 2010-12   6,947 7,404     -457  
    9854-FH ARM 1Q0271 2007-08 PURCHASE 2010-12   9,854 9,851     3  
    450-VISA INC 2010-07 PURCHASE 2010-12   30,542 31,906     -1,364  
    800-VISA INC 2008-07 PURCHASE 2010-12   54,297 58,677     -4,380  
    3000-TD AMERITRADE 2010-02 PURCHASE 2010-12   55,645 52,711     2,934  
    5500-TD AMERITRADE 2010-06 PURCHASE 2010-12   102,015 100,656     1,359  
    8033-FN 5 256543 2007-09 PURCHASE 2010-12   8,033 7,924     109  
    8286-FN 5.5 836178 2007-09 PURCHASE 2010-12   8,286 8,188     98  
    14833-FN 4 888700 2007-09 PURCHASE 2010-12   14,833 14,057     776  
    8133-FN 5 257234 2010-07 PURCHASE 2010-12   8,133 8,695     -562  
    15922-FN 5 725429 2009-05 PURCHASE 2010-12   15,922 16,642     -720  
    3542-FN 5.5 555409 2009-01 PURCHASE 2010-12   3,541 3,676     -135  
    3850-FN 6 911568 2010-04 PURCHASE 2010-12   3,850 4,130     -280  
    1408-FN 6 943010 2007-09 PURCHASE 2010-12   1,408 1,420     -12  

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Name of Bond End of Year Book Value End of Year Fair Market Value
    LAZARD HIGH YIELD 783,142 771,065
    GOLDMAN SACHS GROUP INC 5.25 207,025 214,708
    MORGAN STANLEY 6.625 296,418 298,311
    BOTTLING GROUP LLC 5.125 121,033 130,908

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AT&T INC    
    BANK OF AMERICA CORP    
    CHARLES SCHWAB CORP NEW    
    CISCO SYSTEMS INC    
    COCA COLA CO    
    COMCAST CORP - SPECIAL CL A    
    DOVER CORP    
    EMC CORP    
    EMERSON ELECTRIC CO    
    GOLDMAN SACHS GROUP INC    
    HONEYWELL INTERNATIONAL INC    
    INTEL CORP    
    INTL BUSINESS MACHINES CORP    
    JPMORGAN CHASE & CO    
    LAZARD INTL EQUITY PORTFOLIO I 1,370,866 1,615,678
    MASTERCARD INC    
    MICROSOFT CORP    
    MOSAIC CO    
    ORACLE CORP    
    REPUBLIC SERVICES INC CL A    
    SYMANTEC CORP    
    UNITED PARCEL SERVICE INC CL B    
    UNITED TECHNOLOGIES CORP    
    WAL-MART STORES INC    
    WALGREEN CO    
    JC PENNEY    
    STARBUCKS CORP    
    MOLSON COORS BREWING CO    
    WELLS FARGO    
    MEDTRONIC    
    PARKER HANNIFIN    
    GOOGLE INC    
    VISA INC    
    HEWLETT PACKARD    
    AIR PRODUCTS & CHEMICALS    
    MATTEL INC 104,750 127,150
    NEWELL RUBBERMAID INC 75,614 81,810
    COMCAST CORP-SPECIAL CL A 150,555 189,371
    GAP INC 128,418 132,840
    TJX COMPANIES INC NEW 93,874 93,219
    WAL-MART STORES INC 295,508 315,491
    WALGREEN CO 127,812 253,240
    COCA COLA CO 187,832 236,772
    GEMERAL MILLS INC 78,025 78,298
    MOLSON COORS BREWING CO 176,237 175,665
    CITY NATIONAL CORP 112,972 134,992
    PNC FINANCIAL SERVICES GROUP 122,587 115,368
    WELLS FARGO & CO NEW 291,151 343,989
    GOLDMAN SACHS GROUP INC 107,670 151,344
    JP MORGAN CHASE & CO 68,726 135,744
    T ROWE PRICE GROUP INC 53,935 77,448
    CAREFUSION CORPORATION 37,621 39,835
    MEDTRONIC INC 206,210 203,995
    CATERPILLAR INC 75,397 126,441
    DOVER CORP 117,667 175,350
    EMERSON ELECTRIC CO 191,911 285,850
    HONEYWELL INTERNATIONAL INC 135,994 223,272
    ILLINOIS TOOL WORKS INC 125,184 130,830
    PARKER HANNIFIN CORP 86,075 189,860
    UNITED TECHNOLOGIES CORP 141,068 322,752
    UNITED PARCEL SERVICE INC CL B 86,234 108,870
    INTEL CORP 190,259 185,064
    GOOGLE INC CL A 110,607 193,040
    INTL BUSINESS MACHINES CORP 180,584 388,914
    MASTERCARD INC 76,742 100,850
    MICROSOFT CORP 185,040 195,440
    ORACLE CORP 161,997 359,950
    APPLE INC 135,055 217,728
    CISCO SYSTEMS INC 234,591 230,622
    EMC CORP 80,579 171,750
    QUALCOMM INC 75,423 85,370
    BALL CORP 77,024 102,075
    MOSAIC CO 81,292 125,994
    AT&T INC 75,787 88,140

    TY 2010 InvestmentsGovtObligationsSch
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    US Government Securities - End of Year Book Value:

    8,363,244
    US Government Securities - End of Year Fair Market Value:

    8,503,040
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2010 LandEtcSchedule2
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE EQUIPMENT 810 787 23  


    TY 2010 OtherAssetsSchedule
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DUE FROM TRUSTS 8,038    


    TY 2010 OtherExpensesSchedule
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INVESTMENT MANAGEMENT FEES 67,745 67,745    
    FILING FEES 750      
    OFFICE EXPENSE 1,058 1,058    
    INSURANCE 1,997 1,997    


    TY 2010 OtherIncomeSchedule2
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    AOL TIME WARNER INC SEC LITIG 1,712    
    MERRILL LYNCH SETTLEMENT FD 77    
    WORLDCOM SETTLEMENT FD 424    
    OWEST SEC LITIG CLAIMS 1,482    
    RENAISSANCERE HLDGS LTD SEC 2,898    


    TY 2010 TaxesSchedule
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES ON NET INVESTMENT I 17,576 17,576