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
FRED AND CHARLOTTE HUBBELL FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)453 7TH STREET   Room/suite
City or town, state, and ZIP code
DES MOINES, IA50309
A Employer identification number

39-1878112
B Telephone number (see page 10 of the instructions)

(515) 245-2965
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$3,849,209J 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)  
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 112,728 85,050  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -83,075
b Gross sales price for all assets on line 6a 772,861
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
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 1,973    
12 Total. Add lines 1 through 11........ 31,626 85,050  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 20,705 10,352   10,352
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 350 175   175
17 Interest...............       0
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 795     0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 21,850 10,527 0 10,527
25 Contributions, gifts, grants paid........ 711,780 711,780
26 Total expenses and disbursements. Add lines 24 and 25 733,630 10,527 0 722,307
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -702,004
b Net investment income (if negative, enter -0-) 74,523
c Adjusted net income (if negative, enter -0-)... 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...............      
2 Savings and temporary cash investments.......... 207,532 96,511 96,511
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 563,332 Click to see attachment530,667 558,554
b Investments—corporate stock (attach schedule)........ 3,738,665 Click to see attachment3,112,131 2,907,529
c Investments—corporate bonds (attach schedule)........ 207,497 Click to see attachment275,708 286,615
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,717,026 4,015,017 3,849,209
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.........   1,462,284
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 4,717,026 2,552,733
30 Total net assets or fund balances (see page 17 of the
instructions).................... 4,717,026 4,015,017
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 4,717,026 4,015,017
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 4,717,026
2 Enter amount from Part I, line 27a...................... 2 -702,004
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 4,015,022
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 5
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 4,015,017
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.)
1 a 14543.95 BANC OF AMERICA COMMERCIAL MORTGAGE INC SERIES 2005-6 CLASS A   2008-12-22 2010-09-13
b 7214.54 BANC OF AMERICA COMMERCIAL MORTGAGE INC SERIES 2005-6 CLASS A2   2008-12-22 2010-10-13
c 292.29 BANC OF AMERICA COMMERCIAL MORTGAGE INC SERIES 2005-6 CLASS A2   2008-12-22 2010-11-12
d 327.49 BANC OF AMERICA COMMERCIAL MORTGAGE INC SERIES 2005-6 CLASS A2   2008-12-22 2010-12-13
e 5000. COOK COUNTY ILLINOIS SCH DIST NO 148 DOLTON TAXABLE-LTD SCH-SER   2009-06-15 2010-12-02
50000. FEDERAL HOME LOAN MORTGAGE 5% 05/19/2025   2010-04-28 2010-11-19
102.2 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-74 CLASS D 6.5   1998-04-24 2010-01-25
97.24 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-74 CLASS D 6.5   1998-04-24 2010-02-25
105.78 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-74 CLASS D 6.   1998-04-24 2010-03-25
199.21 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-74 CLASS D 6.   1998-04-24 2010-04-26
76.58 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-74 CLASS D 6.5   1998-04-24 2010-05-25
111.18 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-74 CLASS D 6.   1998-04-24 2010-06-25
113.19 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-74 CLASS D 6.   1998-04-24 2010-07-26
75.95 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-74 CLASS D 6.5   1998-04-24 2010-08-25
102.29 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-74 CLASS D 6.   1998-04-24 2010-09-27
98.23 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-74 CLASS D 6.5   1998-04-24 2010-10-25
117.59 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-74 CLASS D 6.   1998-04-24 2010-11-26
97.01 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-74 CLASS D 6.5   1998-04-24 2010-12-27
317.73 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-82 CLASS H 7%   1998-04-24 2010-01-25
340.69 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-82 CLASS H 7%   1998-04-24 2010-02-25
305.65 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-82 CLASS H 7%   1998-04-24 2010-03-25
694.67 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-82 CLASS H 7%   1998-04-24 2010-04-26
304.06 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-82 CLASS H 7%   1998-04-24 2010-05-25
453.19 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-82 CLASS H 7%   1998-04-24 2010-06-25
280.78 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-82 CLASS H 7%   1998-04-24 2010-07-26
246.36 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-82 CLASS H 7%   1998-04-24 2010-08-25
370.54 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-82 CLASS H 7%   1998-04-24 2010-09-27
383.11 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-82 CLASS H 7%   1998-04-24 2010-10-25
538.33 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-82 CLASS H 7%   1998-04-24 2010-11-26
461.82 FEDERAL NATIONAL MORTGAGE ASSOCIATION SERIES 1993-82 CLASS H 7%   1998-04-24 2010-12-27
2069.22 FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL# 648645 7.5% 06/01/   2007-08-21 2010-01-25
23.54 FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL# 648645 7.5% 06/01/20   2007-08-21 2010-02-25
23.97 FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL# 648645 7.5% 06/01/20   2007-08-21 2010-03-25
2706.81 FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL# 648645 7.5% 06/01/   2007-08-21 2010-04-26
27.22 FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL# 648645 7.5% 06/01/20   2007-08-21 2010-05-25
22.04 FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL# 648645 7.5% 06/01/20   2007-08-21 2010-06-25
22.12 FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL# 648645 7.5% 06/01/20   2007-08-21 2010-07-26
22.42 FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL# 648645 7.5% 06/01/20   2007-08-21 2010-08-25
22.44 FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL# 648645 7.5% 06/01/20   2007-08-21 2010-09-27
22.57 FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL# 648645 7.5% 06/01/20   2007-08-21 2010-10-25
22.77 FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL# 648645 7.5% 06/01/20   2007-08-21 2010-11-26
22.93 FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL# 648645 7.5% 06/01/20   2007-08-21 2010-12-27
145.61 FEDERAL HOME LOAN MORTGAGE SERIES 2685 CLASS VP 4% 10/15/2023   2010-03-09 2010-11-15
1519.42 FEDERAL HOME LOAN MORTGAGE SERIES 2685 CLASS VP 4% 10/15/2023   2010-03-09 2010-12-15
2123.33 GOVERNMENT NATIONAL MORTGAGE ASSN POOL #   2003-08-07 2010-01-20
1358.86 GOVERNMENT NATIONAL MORTGAGE ASSN POOL #   2003-08-07 2010-02-22
973.68 GOVERNMENT NATIONAL MORTGAGE ASSN POOL #   2003-08-07 2010-03-22
1400.74 GOVERNMENT NATIONAL MORTGAGE ASSN POOL #   2003-08-07 2010-04-20
1603.35 GOVERNMENT NATIONAL MORTGAGE ASSN POOL #   2003-08-07 2010-05-20
1509.6 GOVERNMENT NATIONAL MORTGAGE ASSN POOL #   2003-08-07 2010-06-21
1213.8 GOVERNMENT NATIONAL MORTGAGE ASSN POOL #   2003-08-07 2010-07-20
1170.82 GOVERNMENT NATIONAL MORTGAGE ASSN POOL #   2003-08-07 2010-08-20
1540.38 GOVERNMENT NATIONAL MORTGAGE ASSN POOL #   2003-08-07 2010-09-20
1739.41 GOVERNMENT NATIONAL MORTGAGE ASSN POOL #   2003-08-07 2010-10-20
1644.7 GOVERNMENT NATIONAL MORTGAGE ASSN POOL #   2003-08-07 2010-11-22
1369.91 GOVERNMENT NATIONAL MORTGAGE ASSN POOL #   2003-08-07 2010-12-20
11.76 GOVERNMENT NATIONAL MORTGAGE ASSOCIATION   1998-04-24 2010-01-15
11.81 GOVERNMENT NATIONAL MORTGAGE ASSOCIATION   1998-04-24 2010-02-16
11.9 GOVERNMENT NATIONAL MORTGAGE ASSOCIATION   1998-04-24 2010-03-15
11.95 GOVERNMENT NATIONAL MORTGAGE ASSOCIATION   1998-04-24 2010-04-15
12.03 GOVERNMENT NATIONAL MORTGAGE ASSOCIATION   1998-04-24 2010-05-17
12.09 GOVERNMENT NATIONAL MORTGAGE ASSOCIATION   1998-04-24 2010-06-15
12.17 GOVERNMENT NATIONAL MORTGAGE ASSOCIATION   1998-04-24 2010-07-15
12.23 GOVERNMENT NATIONAL MORTGAGE ASSOCIATION   1998-04-24 2010-08-16
12.31 GOVERNMENT NATIONAL MORTGAGE ASSOCIATION   1998-04-24 2010-09-15
12.38 GOVERNMENT NATIONAL MORTGAGE ASSOCIATION   1998-04-24 2010-10-15
12.46 GOVERNMENT NATIONAL MORTGAGE ASSOCIATION   1998-04-24 2010-11-15
12.52 GOVERNMENT NATIONAL MORTGAGE ASSOCIATION   1998-04-24 2010-12-15
233.09 GREENWICH CAPITAL COMMERCIAL FUNDING COR SERIES 2002-C1 CLASS A   2008-10-15 2010-01-14
234.51 GREENWICH CAPITAL COMMERCIAL FUNDING COR SERIES 2002-C1 CLASS A   2008-10-15 2010-02-16
334.81 GREENWICH CAPITAL COMMERCIAL FUNDING COR SERIES 2002-C1 CLASS A   2008-10-15 2010-03-15
237.96 GREENWICH CAPITAL COMMERCIAL FUNDING COR SERIES 2002-C1 CLASS A   2008-10-15 2010-04-14
272.29 GREENWICH CAPITAL COMMERCIAL FUNDING COR SERIES 2002-C1 CLASS A   2008-10-15 2010-05-14
314.35 GREENWICH CAPITAL COMMERCIAL FUNDING COR SERIES 2002-C1 CLASS A   2008-10-15 2010-06-14
1798.88 GREENWICH CAPITAL COMMERCIAL FUNDING COR SERIES 2002-C1 CLASS   2008-10-15 2010-07-14
396.56 GREENWICH CAPITAL COMMERCIAL FUNDING COR SERIES 2002-C1 CLASS A   2008-10-15 2010-08-16
567.51 GREENWICH CAPITAL COMMERCIAL FUNDING COR SERIES 2002-C1 CLASS A   2008-10-15 2010-09-14
274.91 GREENWICH CAPITAL COMMERCIAL FUNDING COR SERIES 2002-C1 CLASS A   2008-10-15 2010-10-15
309.32 GREENWICH CAPITAL COMMERCIAL FUNDING COR SERIES 2002-C1 CLASS A   2008-10-15 2010-11-16
951.71 GREENWICH CAPITAL COMMERCIAL FUNDING COR SERIES 2002-C1 CLASS A   2008-10-15 2010-12-14
4583. INTERNATIONALE NEDERLANDEN GROEP N.V.-SP   2005-08-15 2010-07-20
4583. INTERNATIONALE NEDERLANDEN GROEP N.V.-SP   2005-08-15 2010-07-27
4583. INTERNATIONALE NEDERLANDEN GROEP N.V.-SP   2005-08-15 2010-08-12
4583. INTERNATIONALE NEDERLANDEN GROEP N.V.-SP   2005-08-15 2010-08-24
4583. INTERNATIONALE NEDERLANDEN GROEP N.V.-SP   1999-02-17 2010-09-09
4583. INTERNATIONALE NEDERLANDEN GROEP N.V.-SP   1999-02-17 2010-09-21
4583. INTERNATIONALE NEDERLANDEN GROEP N.V.-SP   1999-02-17 2010-10-14
4583. INTERNATIONALE NEDERLANDEN GROEP N.V.-SP   2005-08-15 2010-10-26
4583. INTERNATIONALE NEDERLANDEN GROEP N.V.-SP   2005-08-15 2010-11-11
4583. INTERNATIONALE NEDERLANDEN GROEP N.V.-SP   2005-08-15 2010-11-22
4583. INTERNATIONALE NEDERLANDEN GROEP N.V.-SP   2005-08-15 2010-12-02
4583. INTERNATIONALE NEDERLANDEN GROEP N.V.-SP   2007-09-26 2010-12-14
40000. IOWA WESTN CMNTY COLLEGE NEW JOBS TRAINING CTFS TAXABLE-INDL-ME   2007-06-19 2010-06-01
1192.6 JP MORGAN CHASE COMMERCIAL MORTGAGE SEC SERIES 2001-CIB3 CLASS   2008-02-22 2010-11-16
85.92 JP MORGAN CHASE COMMERCIAL MORTGAGE SEC SERIES 2001-CIB3 CLASS A   2008-02-22 2010-12-16
185.67 JP MORGAN CHASE COMMERCIAL MORTGAGE SEC SERIES 2005-LDP1 CLASS   2010-11-08 2010-12-16
25000. KIRKWOOD CMNTY COLLEGE IOWA CTFS PARTN TAXABLE-MERGED AREA X 5%   2008-10-01 2010-11-05
20000. KRONENWETTER WISCONSIN REDEV AUTH REDEV REV TAXABLE 6.5% 12/01/   2009-05-14 2010-03-04
.31 MACERICH COMPANY   2010-03-22 2010-03-23
10000. MENASHA WIS TAXABLE-PROM NTS-STEAM UTIL PJ 5.6% 09/01/2010-2010   2007-08-07 2010-04-01
323.68 MORGAN STANLEY CAPITAL I SERIES 2004-T15 CLASS A2 4.69% 06/13/2   2008-03-26 2010-01-14
325.23 MORGAN STANLEY CAPITAL I SERIES 2004-T15 CLASS A2 4.69% 06/13/2   2008-03-26 2010-02-17
399.53 MORGAN STANLEY CAPITAL I SERIES 2004-T15 CLASS A2 4.69% 06/13/2   2008-03-26 2010-03-16
1271.84 MORGAN STANLEY CAPITAL I SERIES 2004-T15 CLASS A2 4.69% 06/13/   2008-03-26 2010-04-14
354.43 MORGAN STANLEY CAPITAL I SERIES 2004-T15 CLASS A2 4.69% 06/13/2   2008-03-26 2010-05-14
2422.18 MORGAN STANLEY CAPITAL I SERIES 2004-T15 CLASS A2 4.69% 06/13/   2008-03-26 2010-06-15
357.63 MORGAN STANLEY CAPITAL I SERIES 2004-T15 CLASS A2 4.69% 06/13/2   2008-03-26 2010-07-14
314.31 MORGAN STANLEY CAPITAL I SERIES 2004-T15 CLASS A2 4.69% 06/13/2   2008-03-26 2010-08-16
336.9 MORGAN STANLEY CAPITAL I SERIES 2004-T15 CLASS A2 4.69% 06/13/20   2008-03-26 2010-09-14
362.44 MORGAN STANLEY CAPITAL I SERIES 2004-T15 CLASS A2 4.69% 06/13/2   2008-03-26 2010-10-14
1716.72 MORGAN STANLEY CAPITAL I SERIES 2004-T15 CLASS A2 4.69% 06/13/   2008-03-26 2010-11-16
365.72 MORGAN STANLEY CAPITAL I SERIES 2004-T15 CLASS A2 4.69% 06/13/2   2008-03-26 2010-12-14
1410.39 SMALL BUSINESS ADMINISTRATION SERIES 2006-P10A CLASS 1 5.408%   2008-06-18 2010-02-11
1170.07 SMALL BUSINESS ADMINISTRATION SERIES 2006-P10A CLASS 1 5.408%   2008-06-18 2010-05-11
1026.86 SMALL BUSINESS ADMINISTRATION SERIES 2006-P10A CLASS 1 5.408%   2008-06-18 2010-08-11
1483.17 SMALL BUSINESS ADMINISTRATION SERIES 2006-P10A CLASS 1 5.408%   2008-06-18 2010-11-12
CAPITAL GAIN DIVIDENDS P    
(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 14,544   12,570 1,974
b 7,215   6,236 979
c 292   253 39
d 327   283 44
e 5,000   4,956 44
50,000   50,000  
102   100 2
97   95 2
106   104 2
199   195 4
77   75 2
111   109 2
113   111 2
76   74 2
102   100 2
98   96 2
118   115 3
97   95 2
318   321 -3
341   344 -3
306   308 -2
695   701 -6
304   307 -3
453   457 -4
281   283 -2
246   249 -3
371   374 -3
383   387 -4
538   543 -5
462   466 -4
2,069   2,121 -52
24   24  
24   25 -1
2,707   2,774 -67
27   28 -1
22   23 -1
22   23 -1
22   23 -1
22   23 -1
23   23  
23   23  
23   24 -1
146   150 -4
1,519   1,561 -42
2,123   2,080 43
1,359   1,331 28
974   954 20
1,401   1,372 29
1,603   1,571 32
1,510   1,479 31
1,214   1,189 25
1,171   1,147 24
1,540   1,509 31
1,739   1,704 35
1,645   1,611 34
1,370   1,342 28
12   12  
12   12  
12   12  
12   12  
12   12  
12   12  
12   12  
12   12  
12   12  
12   12  
12   12  
13   12 1
233   220 13
235   222 13
335   316 19
238   225 13
272   257 15
314   297 17
1,799   1,700 99
397   375 22
568   536 32
275   260 15
309   292 17
952   899 53
38,505   107,214 -68,709
44,749   107,214 -62,465
42,326   107,214 -64,888
39,590   68,399 -28,809
44,079   33,181 10,898
46,853   33,181 13,672
51,230   33,181 18,049
50,171   33,181 16,990
49,505   33,181 16,324
48,177   33,181 14,996
44,832   33,181 11,651
47,140   13,319 33,821
40,000   40,000  
1,193   1,196 -3
86   86  
186   190 -4
25,000   25,000  
20,230   20,182 48
12   12  
10,000   9,999 1
324   317 7
325   318 7
400   391 9
1,272   1,245 27
354   347 7
2,422   2,371 51
358   350 8
314   308 6
337   330 7
362   355 7
1,717   1,680 37
366   358 8
1,410   1,410  
1,170   1,170  
1,027   1,027  
1,483   1,483  
      254
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       1,974
b       979
c       39
d       44
e       44
       
      2
      2
      2
      4
      2
      2
      2
      2
      2
      2
      3
      2
      -3
      -3
      -2
      -6
      -3
      -4
      -2
      -3
      -3
      -4
      -5
      -4
      -52
       
      -1
      -67
      -1
      -1
      -1
      -1
      -1
       
       
      -1
      -4
      -42
      43
      28
      20
      29
      32
      31
      25
      24
      31
      35
      34
      28
       
       
       
       
       
       
       
       
       
       
       
      1
      13
      13
      19
      13
      15
      17
      99
      22
      32
      15
      17
      53
      -68,709
      -62,465
      -64,888
      -28,809
      10,898
      13,672
      18,049
      16,990
      16,324
      14,996
      11,651
      33,821
       
      -3
       
      -4
       
      48
       
      1
      7
      7
      9
      27
      7
      51
      8
      6
      7
      7
      37
      8
       
       
       
       
       
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 -83,075
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 392,170 3,513,750 0.11161
2008 931,259 0 0.0
2007 416,104 6,621,629 0.06284
2006 258,087 5,118,909 0.050418
2005 192,322 3,978,157 0.048344
2 Total of line 1, column (d) ...................... 2 0.273213
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 0.054643
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 3,921,119
5 Multiply line 4 by line 3....................... 5 214,260
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 745
7 Add lines 5 and 6......................... 7 215,005
8 Enter qualifying distributions from Part XII, line 4.............. 8 722,307
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 1 745
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 0
3 Add lines 1 and 2............................ 3 745
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 745
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 1,060
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,060
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
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 10 315
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet187 Refunded Bullet 11 128
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)bulletIA
    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
    Yes
     
    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 addressbullet  
    14
    The books are in care ofbullet   Telephone no.bullet (515) 245-2965
    Located atbullet453 7TH STREETDES MOINESIA ZIP+4bullet50304
    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
     
    No
    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
     
    No
    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
     
    No
    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
    BANKERS TRUST COMPANY TRUSTEE
    40     		20,705    
    453 7TH STREET
    DES MOINES,IA50309
    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 0
    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.............bullet0
    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  
    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
    3,775,570
    b
    Average of monthly cash balances.......................
    1b
    205,261
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,980,831
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d..........................
    3
    3,980,831
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    59,712
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,921,119
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    196,056
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    196,056
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    745
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    745
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    195,311
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    195,311
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    195,311
    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
    722,307
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    722,307
    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
    745
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    721,562
    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 7 195,311
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 0
    b Total for prior years:2008, 20, 20 0
    3 Excess distributions carryover, if any, to 2010:
    a From 2005....... 0
    b From 2006....... 8,944
    c From 2007....... 91,921
    d From 2008....... 658,542
    e From 2009....... 218,598
    fTotal of lines 3a through e......... 978,005
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 722,307
    a Applied to 2009, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		 0
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		0
    d Applied to 2010 distributable amount..... 195,311
    e Remaining amount distributed out of corpus 526,996
    5 Excess distributions carryover applied to 2010. 0 0
    (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 1,505,001
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		0
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    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) ...........     		0
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		0
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		1,505,001
    10 Analysis of line 9:
    a Excess from 2006.... 8,944
    b Excess from 2007.... 91,921
    c Excess from 2008.... 658,542
    d Excess from 2009.... 218,598
    e Excess from 2010.... 526,996
    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:
    M NUSSBAUMM-BELL
    453 7TH ST
    DES MOINES,IA50309
    (515) 245-2965
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER DESCRIBING PURPOSE OF CONTRIBUTION OR GRANT, INCLUDING STATEMENT THE ORGANIZATION IS TAX-EXEMPT UNDER IRC 501(C)(3), THE AMOUNT REQUESTED, AND A DESCRIPTION OF PROGRAM.
    cAny submission deadlines:
    NO SUBMISSION DEADLINES
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NO RESTRICTIONS OR LIMITATIONS
    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
    DES MOINES METRO OPERA
    106 W BOSTON AVE
    INDIANOLA,IA50125     		NONE EXEMPT LITERARY SUPPORT OF FINE ARTS 5,000
    IOWA ENVIRONMENTAL
    COUNCIL
    7031 DOUGLAS AVE
    DES MOINES,IA50322     		NONE EXEMPT SCIENTIFIC-IMPROVE ENVIRONMENT 50,000
    SCIENCE CENTER OF IOWA
    4500 GRAND AVE
    DES MOINES,IA50315     		NONE EXEMPT EDUCATIONAL SUPPORT TO COMMUNITY 3,500
    VARIETY CLUB OF IOWA
    505 5TH AVENUE
    DES MOINES,IA50309     		NONE EXEMPT CHARITABLE-MEDICAL AND PUBLIC SERVICE 5,000
    TERRACE HILL FOUNDATION
    2300 GRAND AVE
    DES MOINES,IA50312     		NONE EXEMPT HISTORICAL-PRESERVE HISTORICAL SITE 7,500
    SIMPSON COLLEGE
    701 NORTH C AVE
    INDIANOLA,IA50125     		NONE EXEMPT EDUCATIONAL SUPPORT 260,500
    ST MARKS SCHOOL ANNUAL
    FUND
    25 MARLBOROUGH RD
    SOUTHBOROUGH,MA01772     		NONE EXEMPT EDUCATIONAL SUPPORT 1,500
    CIVIC CENTER OF GREATER
    DES MOINES
    221 WALNUT ST
    DES MOINES,IA50309     		NONE EXEMPT LITERARY SUPPORT OF THE FINE ARTS 2,500
    OAKRIDGE NEIGHBORHOOD
    1236 OAKRIDGE DR
    DES MOINES,IA50314     		NONE EXEMPT CHARITABLE SUPPORT FOR FAMILIES 15,250
    URBAN DREAMS
    1410 6TH AVENUE
    DES MOINES,IA50314     		NONE EXEMPT CHARITABLE YOUTH LEADERSHIP 5,000
    PLYMOUTH CONGREGATIONAL
    CHURCH
    4126 INGERSOLL AVE
    DES MOINES,IA50312     		NONE EXEMPT RELIGIOUS CHURCH SUPPORT 5,000
    UNITED WAY OF CENTRAL IA
    1111 9TH STREET
    DES MOINES,IA50314     		NONE EXEMPT CHARITABLE SUPPORT PUBLIC SERVICES 50,000
    UNIVERSITY OF IOWA
    FOUNDATION
    PO BOX 4550
    IOWA CITY,IA52244     		NONE EXEMPT EDUCATIONAL SUPPORT FACILITY 32,000
    TULANE UNIVERSITY
    349 PRYTANIA ST
    NEW ORLEANS,LA70118     		NONE EXEMPT EDUCATIONAL SUPPORT FACILITIES 5,000
    IOWA PUBLIC TELEVISION
    6450 CORPORATE DRIVE
    JOHNSTON,IA50131     		NONE EXEMPT LITERACY SUPPORT OF FINE ARTS 2,000
    PLANNED PARENTHOOD OF
    GREATER IOWA
    PO BOX 4557
    DES MOINES,IA50306     		NONE EXEMPT CHARITABLE SUPPORT PUBLIC SERVICES 3,500
    IOWA NATURAL HERITAGE
    FOUNDATION
    600 E LOCUST ST
    DES MOINES,IA50309     		NONE EXEMPT EDUCATION PRESERVE NATURAL HERITAGE 2,560
    HOPE MINISTRIES
    PO BOX 862
    DES MOINES,IA50304     		NONE EXEMPT RELIGIOUS CHURCH SUPPORT 5,000
    DES MOINES ART CENTER
    4700 GRAND AVE
    DES MOINES,IA50312     		NONE EXEMPT LITERARY SUPPORT OF THE FINE ARTS 100
    ST JUDES CHILDRENS
    RESEARCH HOSPITAL
    ATTN MEMORIAL DEPARTMENT
    MEMPHIS,TN38105     		NONE NONE CHARITABLE SUPPORT OF RESEACH FOR CURES 3,000
    IOWA POLICY PROJECT
    318 2ND AVE NORTH
    MT VERNON,IA52314     		NONE EXEMPT SCIENTIFIC PRESERVE OF NATURE 10,000
    DES MOINES PLAYHOUSE
    831 42ND ST
    DES MOINES,IA50314     		NONE EXEMPT EDUCATIONAL - SUPPORT OF THE ARTS 500
    HOYT SHERMAN PLACE
    FOUNDATION
    1501 WOODLAND AVE
    DES MOINES,IA50309     		NONE EXEMPT CHARITABLE - HISTORICAL BUILDING PRESERVATION 1,000
    DES MOINES PUBLIC LIBRARY
    FOUNDATION
    100 LOCUST ST
    DES MOINES,IA50309     		NONE EXEMPT EDUCATIONAL - GENERAL FUND 1,000
    METRO ARTS ALLIANCE
    500 E LOCUST ST STE 207
    DES MOINES,IA50309     		NONE EXEMPT EDUCATIONAL - SUPPORT THE ARTS 500
    UNICEF
    333 E 38TH ST
    NEW YORK,NY10016     		NONE EXEMPT MEDICAL RESEARCH 5,000
    SALISBURY HOUSE
    FOUNDATION
    4025 TONAWANDA DR
    DES MOINES,IA50312     		NONE EXEMPT HISTORICAL 7,500
    YOUTH EMERGENCY SERVICES SHELTER
    918 SE 11TH ST
    DES MOINES,IA50309     		NONE EXEMPT PROVIDE EMERG SERVICES FOR DISADVANTAGE YOUTH 1,000
    PRACTICAL FARMERS OF IOWA
    PO BOX 349
    AMES,IA50010     		NONE EXEMPT PROMOTE LAND CONSERVATION EDUCATION 5,000
    CENTRAL PARK CONSERVANCY
    14 E 60TH ST
    NEW YORK,NY10022     		NONE EXEMPT CARE AND CONSERVATION OF NY CENTRAL PARK 3,000
    AMERICAN FORESTS
    PO BOX 2000
    WASHINGTON,DC20013     		NONE EXEMPT PROMOTION AND EDUCATION ON CONSERVATION ISSUE 1,000
    IOWA PUBLIC RADIO
    IOWA STATE UNIVERSITY
    AMES,IA50011     		NONE EXEMPT EDUCATIONAL-UNIVERSITY SUPPORTED RADIO 2,500
    CENTRAL ASIA INSTITUTE
    PO BOX 7209
    BOZEMAN,MT59771     		NONE EXEMPT EDUCATION-SUPPORTING ASIAN CULTURAL LIFE 3,000
    WORLD FOOD PRIZE FOUNDATION
    1700 RUAN CENTER
    DES MOINES,IA50309     		NONE EXEMPT RESEARCH-PROMOTE NEW IDEAS IN CROP DEVELOPMEN 500
    BOYS AND GIRLS CLUBS-CENTRAL IOWA
    1350 EAST WASHINGTON AVE
    DES MOINES,IA50316     		NONE EXEMPT HUMANITARIAN-ASSIST AT RISK CHILDREN 3,350
    FOOD BANK OF IOWA
    2220 E 17TH ST
    DES MOINES,IA50316     		NONE EXEMPT HUMANITARIAN-PROVIDING FOOD FOR IMPOVERISH 2,000
    ANIMAL RESCUE LEAGUE
    5452 NE 22ND ST
    DES MOINES,IA50313     		NONE EXEMPT HUMANITARIAN-ASSISTING ANIMALS WITH CARE 570
    PLAINS JUSTICE
    100 FIRST STREET SW
    CEDAR RAPIDS,IA52404     		NONE EXEMPT ENVIRONMENTAL-PROTECTING THE GREAT PLAINS 3,000
    DRAKE UNIVERSITY ARTS FOUNDATION
    2507 UNIVERSITY AVE
    DES MOINES,IA50313     		NONE EXEMPT SUPPORT OF THE ARTS 100
    YOUNG WOMEN'S RESOURCE CENTER
    705 E 2ND ST
    DES MOINES,IA50309     		NONE EXEMPT SUPPORT WOMEN'S RESOURCES 1,000
    BIG BROTHERS BIG SISTERS
    OF CENTRAL IOWA
    9051 SWANSON BLVD
    CLIVE,IA50325     		NONE EXEMPT SUPPORT CHILDRENS NEEDS 1,000
    YAINIPD NETWORK
    460 WEST 34TH ST
    NEW YORK,NY10001     		NONE EXEMPT SUPPORT PEOPLE WITH DISABLITIES 1,500
    SAVE THE CHILDREN FOUNDATION
    54 WILTON RD
    WESTPORT,CT06880     		NONE EXEMPT HUMANITARIAN- SUPPORT CHILDREN 2,500
    DES MOINES SYMPHONY
    221 WALNUT ST
    DES MOINES,IA50309     		NONE EXEMPT SUPPORT FINE ARTS 15,100
    DES MOINES PASTORAL COUNSELING
    CENTER
    2929 WESTOWN PARKWAY 110
    WEST DES MOINES,IA50266     		NONE EXEMPT COUNSELING FAMILIES 6,000
    FRICK COLLECTION
    1 EAST 70TH ST
    NEW YORK,NY10001     		NONE EXEMPT SUPPORT FINE ARTS 2,000
    FOUNDATION FOR TOMORROW
    PO BOX 470836
    CHARLOTTE,NC28247     		NONE EXEMPT SUPPORT UNDER PRIVILAGED CHILDREN 6,675
    THE HOMESTEAD
    8272 NE UNIVERSITY
    PLEASANT HILL,IA50327     		NONE EXEMPT SUPPORT AUTISM 350
    POSITIVE OUTREACH PROGRAM
    4815 BURNING TREE ROAD
    DULUTH,MN55811     		NONE EXEMPT SUPPORT TROUBLED YOUTH 1,000
    AMERICAN SOCIETY FOR THE CRUELTY
    TO ANIMALS
    424 E 92ND
    NEW YORK,NY10001     		NONE EXEMPT SUPPORT- CRUELITY TO ANIMALS PREVENTION 3,000
    WORLD WILDLIFE FUND INC
    1250 24TH ST NW
    WASHINGTON,DC20090     		NONE EXEMPT SUPPORT WILDLIFE 4,500
    ANAWIM HOUSING FOUNDATION
    921 6TH AVE STE B
    DES MOINES,IA50309     		NONE EXEMPT PROVIDE HOUSING FOR UNDERPRIVLEDGED 1,000
    COMMON CAUSE EDUCATION FUND
    1133 19TH ST NW
    WAHINGTON,DC20036     		NONE EXEMPT PROMOTE ACCOUNTABILITY IN GOVERNMENT 1,000
    CONSERVATION FUND
    1655 N FT MEYER DR
    ARLINGTON,VA22209     		NONE EXEMPT CONSERVE NATURAL RESOURCES 5,000
    COOPERATIVE ASSISTANCE FUND
    1432 U ST NW
    WASHINGTON,DC20009     		NONE EXEMPT COMMUNITY DEVELOPMENT FOR BUSINESSES 2,500
    DES MOINES SOCIAL CLUB
    1408 LOCUST ST
    DES MOINES,IA50309     		NONE EXEMPT PROMOTION OF ARTS IN DES MOINES 1,000
    ECHOING GREEN FOUNDATION
    494 EIGHTH AVE
    NEW YORK,NY10001     		NONE EXEMPT PROVIDING FOR FUTURE SOCIAL CHANGE 1,000
    ENERGY OUTREACH OF COLORADO
    225 E 16TH AVE
    DENVER,CO80203     		NONE EXEMPT PROVIDING UTILITIES ASSISTANCE TO NEEDY 5,000
    HAWTHORN HILL FOUNDATION
    3001 GRAND AVE
    DES MOINES,IA50312     		NONE EXEMPT ASSISTING HOMELESS FAMILIES IN IOWA 1,000
    IOWA RIVERS REVIVAL FOUNDATION
    PO BOX 72
    DES MOINES,IA50301     		NONE EXEMPT PRESERVATION OF IOWA RIVERS 5,000
    METROPOLITAN MUSEUM OF ART
    1000 FIFTH AVE
    NEW YORK,NY10028     		NONE EXEMPT PRESERVATION OF THE ARTS FOR FUTURE GENERNATI 2,000
    AMERICAN HUMANE ASSOCIATION
    1400 16TH ST NW SUITE 360
    WASHINGTON,DC20036     		NONE EXEMPT CHARITABLE - PROTECTION OF CHILDREN & ANIMALS 500
    IOWA COMMUNITY FOUNDATION
    1915 GRAND AVENUE
    DES MOINES,IA50309     		NONE EXEMPT CHARITABLE - IMPROVE QUALITY OF LIFE IN IOWA 73,000
    GREATER DES MOINES MUSIC
    COALITION
    1620 PLEASANT ST SUITE 248
    DES MOINES,IA50314     		NONE EXEMPT CHARITABLE - CREATING MUSICAL DIVERSITY 1,000
    I HAVE A DREAM FOUNDATION
    2507 UNIVERSITY AVENUE
    DES MOINES,IA50311     		NONE EXEMPT CHARITABLE - SUPPORT FUNDING OF COLLEGE 500
    IOWA CITIZENS FOR COMMUNITY
    IMPROVEMENT
    2001 FOREST AVENUE
    DES MOINES,IA50311     		NONE EXEMPT CHARITABLE - ADDRESS IOWA COMMUNITY CONCERNS 1,000
    ONE IOWA
    500 EAST LOCUST ST
    DES MOINES,IA50309     		NONE EXEMPT AWARENESS - EQUALITY FOR ALL IOWANS 1,000
    PARTNERS IN HEALTH HAITI
    PO BOX 845578
    BOSTON,MA02284     		NONE EXEMPT CHARITABLE - HAITI EARTHQUAKE RELIEF 5,000
    THE VILLAGE NURSING HOME
    1203 NORTH E ST
    INDIANOLA,IA50125     		NONE EXEMPT NURSING HOME CARE 100
    ANGELMAN SYNDROME FOUNDATION
    4255 WESTBROOK DRIVE SUITE 219
    AURORA,IL60504     		NONE EXEMPT RESEARCH ANGELMAN SYNDROME 5,000
    CARE FOUNDATION
    4609 WEST PONKAN ROAD
    APOPKA,FL32712     		NONE EXEMPT WILDLIFE PROTECTION 2,000
    CHILDREN & FAMILY URBAN MINISTRIES
    PO BOX 41125
    DES MOINES,IA50311     		NONE EXEMPT COMMUNITY IMPROVEMENT 100
    DENVER FOUNDATION
    55 MADISON ST
    DENVER,CO80206     		NONE EXEMPT COMMUNITY IMPROVEMENT 5,000
    FRIENDS OF CONSERVATION
    17-18 HAYWARDS PLACE
    LONDON,ENGLANDEC1ROEQ
    UK     		NONE EXEMPT PROTECTING ASIAN ELEPHANTS 2,525
    GREAT OUTDOORS FUND
    PO BOX 2
    GRANGER,IA50109     		NONE EXEMPT ENHANCING ENVIRONMENT & RECREATION 500
    HUNTINGTON LIBRARY
    1151 OXFORD ROAD
    SAN MARINO,CA91108     		NONE EXEMPT LIBRARY, ART COLLECTIONS AND BOTANICAL GARDEN 2,000
    LINK ASSOCIATES
    4301 NORTHEAST 14TH ST
    DES MOINES,IA50313     		NONE EXEMPT SUPPORT FOR MENTAL DISABILTIES 10,000
    MERCY HOSPITAL FOUNDATION
    1111 EAST 12TH ST
    DES MOINES,IA50314     		NONE EXEMPT MEDICAL RESEARCH AND PATIENT CARE 600
    MICROLUMBIA FUND
    3022 BROADWAY
    NEW YORK,NY10027     		NONE EXEMPT EDUCATION ON FINANCE & ECONOMIC INDUSTRY 3,000
    MULTIPLE SCLEROSIS SOCIETY
    900 SOUTH BROADWAY
    DENVER,CO80209     		NONE EXEMPT RESEARCH MS AND PROVIDE FAMILY ASSISTANCE 150
    NATURE CONSERVANCY
    4245 NORTH FAIRFAX DRIVE SUITE 100
    ARLINGTON,VA22203     		NONE EXEMPT NATURE PRESERVATION 5,000
    ORCHARD PLACE DEVELOPMENT
    2116 GRAND AVENUE
    DES MOINES,IA50312     		NONE EXEMPT DEVELOPMENT OF YOUTH 250
    UNIVERSITY OF NORTH CAROLINA
    1400 SPRING GARDEN ST
    GREENSBORO,NC27412     		NONE EXEMPT EDUCATION 5,000
    WATER FOR PEOPLE
    6666 W QUINCY AVE
    DENVER,CO80235     		NONE EXEMPT WATER AND SANITATION 5,000
    Total .................................bullet 3a 711,780
    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....     14 112,728  
    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     18 -83,075  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   31,626  
    13Total. Add line 12, columns (b), (d), and (e)...................
    1331,626
    (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

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    FRED AND CHARLOTTE HUBBELL FOUNDATION
    EIN: 39-1878112
    Name of Bond End of Year Book Value End of Year Fair Market Value
    DEERE CO 6.95% 4/2014 25,931 29,027
    BOA COM MTG SER 2005-06 9/2047 2,266 2,620
    BOA COM MTG SER 2004-6 12/2042 28,110 30,757
    GE CAP COM MTG 2005 7/2045 9,581 10,327
    GREENWICH CAP COMM FND 1/2017 7,402 7,957
    GREENWICH CAP COMM FND 8/2042 14,337 15,344
    JP MORGAN COMM MTG SER 11/2035 28,792 29,489
    MORGAN STANLEY CAP SER 6/2041 7,726 7,889
    MORGAN STANLEY CAP SER 4/2040 24,160 25,248
    SALOMON BROS MORT SEC 3/2036 24,403 26,022
    JP MORGAN COMM MTG SER 3/2046 103,000 101,935

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    FRED AND CHARLOTTE HUBBELL FOUNDATION
    EIN: 39-1878112
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 29,773 38,328
    COLONIAL PROPERTIES TRUST 54,219 33,393
    DEERE CO 12,668 49,830
    EMC CORPORATION 30,949 80,150
    EMERSON ELECTRIC 42,658 74,321
    EXXON MOBIL 18,450 36,560
    FELCOR LODGING 91,925 21,120
    GE CO 39,443 25,606
    HIGHWOODS PROPERTIES INC 79,781 79,625
    ING NV 1,464,960 547,535
    LINEAR TECHNOLOGY 15,939 34,590
    MACERICH CO 363,691 821,585
    MICROSOFT 26,490 27,910
    MOLEX INC A 7,855 7,548
    POST PROPERTIES INC 60,838 54,450
    SCHLUMBERGER LTD 15,110 41,750
    TAUBMAN CENTERS INC 68,531 252,400
    TELEFLEX INC 7,820 10,762
    TRANSOCEAN INC 15,996 9,662
    TOLL BROTHERS INC 7,538 7,600
    WALMART STORES INC 17,444 37,751
    TRAVELERS CO INC 32,525 33,426
    WILLIAMS CO INC 32,930 27,192
    WALGREEN CO 18,371 15,584
    ADM CO    
    AUTODESK INC 12,155 11,460
    BANK OF AMERICA    
    BEST BUY CO 14,727 10,287
    DU PONT DE NEMOIRS 19,623 19,952
    FRANKLIN RESOURCES 22,346 22,242
    JOHNSON JOHNSON 26,407 24,740
    NATIONAL OILWELL VARCO INC 18,826 40,350
    NEWMONT MINING 18,178 24,572
    ORACLE CORP 24,136 43,820
    PAYCHEX INC 33,232 25,655
    PEPSICO INC 25,330 26,132
    PROCTOR GAMBLE 32,034 32,165
    QUALCOMM INC 11,534 14,847
    QUEST DIAGNOSTICS INC 15,934 16,191
    SENIOR HOUSING PROP TRUST 31,799 31,813
    STATE STREET 33,800 23,170
    TARGET CORP 23,120 24,052
    APACHE CORP 19,944 28,615
    FISERV INC 14,449 16,690
    ATT 30,782 38,929
    T ROWE PRICE 9,712 12,908
    US BANK 5,445 5,933
    ARCHER DANIELS MIDLAND CO 18,851 18,048
    FIRST INDUSTRIAL REALTY TRUST 93,863 26,280

    TY 2010 InvestmentsGovtObligationsSch
    Name:
    FRED AND CHARLOTTE HUBBELL FOUNDATION
    EIN: 39-1878112
    US Government Securities - End of Year Book Value:

    365,153
    US Government Securities - End of Year Fair Market Value:

    388,409
    State & Local Government Securities - End of Year Book Value:


    165,514
    State & Local Government Securities - End of Year Fair Market Value:


    170,145


    TY 2010 OtherDecreasesSchedule
    Name:
    FRED AND CHARLOTTE HUBBELL FOUNDATION
    EIN: 39-1878112
    Description Amount
    ACCR INTEREST REC ADJUSTMENT 5


    TY 2010 OtherIncomeSchedule2
    Name:
    FRED AND CHARLOTTE HUBBELL FOUNDATION
    EIN: 39-1878112
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    FRED AND CHARLOTTE HUBBELL FOUNDATION
    EIN: 39-1878112
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (ALLOCABLE 350 175   175


    TY 2010 TaxesSchedule
    Name:
    FRED AND CHARLOTTE HUBBELL FOUNDATION
    EIN: 39-1878112
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL ESTIMATES - PRINCIPAL 795 0   0