TY 2010 Form 990PF

- TIN:

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

Check all that apply:Initial returnInitial return of a former public charityFinal return

Amended returnAddress changeName change

Name of foundation
LOCKERLY ARBORETUM FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)1534 IRWINTON ROAD Room/suite

City or town, state, and ZIP code
Milledgeville, GA31061

A Employer identification number

58-1078686

B Telephone number (see page 10 of the instructions)

C If exemption application is pending, check here bullet

D 1. Foreign organizations, check here . bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation 2. Foreign organizations meeting the 85% test,
check here and attach computation bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$6,769,652J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

E If private foundation status was terminated
under section 507(b)(1)(A), check here bullet

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here bullet

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)	50,768
2	Check
3	Interest on savings and temporary cash investments	10,955		10,955	10,955
4	Dividends and interest from securities......	102,597		102,597	102,597
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		5,873
b	Gross sales price for all assets on line 6a 1,432,518
7	Capital gain net income (from Part IV, line 2)...			5,873
8	Net short-term capital gain.........				6,984
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).......		89,242
12	Total. Add lines 1 through 11........	259,435		119,425	120,536
13	Compensation of officers, directors, trustees, etc.	65,000				65,000
14	Other employee salaries and wages......	142,834				142,834
15	Pension plans, employee benefits.......	6,374				6,374
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		9,100			9,100
c	Other professional fees (attach schedule)....		31,391	31,391	31,391
17	Interest...............
18	Taxes (attach schedule) (see page 14 of the instructions)		18,875			18,875
19	Depreciation (attach schedule) and depletion...		57,712
20	Occupancy..............	38,861				38,861
21	Travel, conferences, and meetings.......	662				662
22	Printing and publications..........	1,832				1,832
23	Other expenses (attach schedule).......		85,900			85,900
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	458,541		31,391	31,391	369,438
25	Contributions, gifts, grants paid........	0				0
26	Total expenses and disbursements. Add lines 24 and 25	458,541		31,391	31,391	369,438
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-199,106
b	Net investment income (if negative, enter -0-)			88,034
c	Adjusted net income (if negative, enter -0-)...				89,145

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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	372,161	285,708	285,708
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)	1,476	1,034	1,188
	b	Investments—corporate stock (attach schedule)........	1,259,900	984,527	626,598
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	5,145,252	5,337,570	5,856,158
	14	Land, buildings, and equipment: basis 2,234,123
		Less: accumulated depreciation (attach schedule) 850,252	1,412,464	1,383,871
	15	Other assets (describe )	800	800
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	8,192,053	7,993,510	6,769,652
	17	Accounts payable and accrued expenses..........	3,321	3,884
	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 )
	23	Total liabilities (add lines 17 through 22)..........	3,321	3,884
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................	7,981,836	7,773,469
	25	Temporarily restricted................	53,896	63,157
	26	Permanently restricted................	153,000	153,000
		Foundations that do not follow SFAS 117, check here
		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
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	8,188,732	7,989,626
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	8,192,053	7,993,510

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	8,188,732
2	Enter amount from Part I, line 27a......................	2	-199,106
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	7,989,626
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30..	6	7,989,626

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	GNMA 946 AT 10	P	1988-07-21	2010-01-20
b	GNMA 946 AT 10	P	1988-07-21	2010-02-23
c	GNMA 946 AT 10	P	1988-07-21	2010-03-22
d	GNMA 946 AT 10	P	1988-07-21	2010-04-20
e	GNMA 946 AT 10	P	1988-07-21	2010-05-20
	GNMA 946 AT 10	P	1988-07-21	2010-06-28
	GNMA 946 AT 10	P	1988-07-21	2010-07-21
	VANGUARD SHORT TERM BOND INDEX	P	2007-09-19	2010-07-30
	VANGUARD SHORT TERM BOND INDEX	P	2008-03-25	2010-07-30
	VANGUARD LONG TRM INV GR INV	P	2007-05-21	2010-07-30
	VANGUARD LONG TRM INV GR INV	P	2007-09-19	2010-07-30
	FIDELITY CONTRAFUND INC COM	P	2006-09-28	2010-07-30
	T ROWE PRICE GROWTH STOCK FD	P	2005-06-28	2010-07-30
	MFS INTER INCOME TR	P	2001-09-04	2010-07-30
	ISHARES TR RUSSELL 1000 GRWT	P	2007-12-07	2010-07-30
	ISHARES TR RUSSELL 1000 GRWT	P	2007-12-07	2010-07-30
	ISHARES TR RUSSELL 1000 GRWT	P	2007-12-07	2010-07-30
	GNMA 946 AT 10	P	1988-07-21	2010-08-20
	CAPITOL CITY BK & TR	P	2005-09-06	2010-09-06
	AMERICAN EUROPACIFIC	P	2002-04-29	2010-09-20
	AMERICAN EUROPACIFIC	P	2002-06-26	2010-09-20
	FIDELITY CONTRAFUND INC COM	P	2006-09-28	2010-09-21
	GNMA 946 AT 10	P	1988-07-21	2010-09-28
	GNMA 946 AT 10	P	1988-07-21	2010-10-25
	GNMA 946 AT 10	P	1988-07-21	2010-11-29
	GNMA 946 AT 10	P	1988-07-21	2010-12-27
	FIDELITY CONTRAFUND INC COM	P	2006-09-28	2010-12-23
	T ROWE PRICE GROWTH STOCK FD	P	2005-06-28	2010-12-23
	FIRST AMERN INVT FDS INC	P	2009-09-28	2010-12-23
	AIM GROWTH SER	P	2009-09-28	2010-12-23
	WESTPORT FDS WESTPORT FD I	P	2009-09-28	2010-12-23
	AMERICAN EUROPACIFIC	P	2002-06-26	2010-12-23
	ISHARES TR S&P 500 INDEX	P	2007-03-01	2010-12-23
	ISHARES RUSSELL 1000 VAL IDX	P	2006-11-13	2010-12-23
	PIMCO FDS PAC INVT MGMT SER	P	2009-08-18	2010-07-30
	MANNING & NAPIER FD INC NEW	P	2009-09-28	2010-07-30
	AIM GROWTH SER	P	2009-09-28	2010-07-30
	WESTPORT FDS WESTPORT FD I	P	2009-09-28	2010-07-30
	FIRST AMERN INVT FDS INC	P	2010-08-04	2010-09-23
	OPPENHEIMER DEVELOPING MKTS	P	2010-08-04	2010-12-23

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	13	13
b	15	15
c	14	14
d	14	14
e	295	295
	12	12
	12	12
	80,030	75,000	5,030
	129,495	125,000	4,495
	148,832	141,671	7,161
	107,295	100,000	7,295
	69,000	79,118	-10,118
	84,000	82,477	1,523
	6,922	6,438	484
	4,878	6,262	-1,384
	141,454	181,537	-40,083
	9,755	12,519	-2,764
	14	14
	50,000	50,250	-250
	3,631	2,591	1,040
	13,969	9,036	4,933
	15,100	16,336	-1,236
	12	12
	12	12
	17	17
	10	10
	16,000	15,733	267
	40,000	32,987	7,013
	13,000	9,766	3,234
	12,000	10,231	1,769
	51,000	40,839	10,161
	29,000	17,542	11,458
	34,405	38,456	-4,051
	29,512	36,600	-7,088
	51,000	47,779	3,221
	6,200	5,951	249
	10,000	9,419	581
	6,600	6,267	333
	248,000	248,000
	21,000	18,400	2,600

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


			5,030
			4,495
			7,161
			7,295
			-10,118
			1,523
			484
			-1,384
			-40,083
			-2,764

			-250
			1,040
			4,933
			-1,236




			267
			7,013
			3,234
			1,769
			10,161
			11,458
			-4,051
			-7,088
			3,221
			249
			581
			333

			2,600

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	5,873
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 . . . . . . . . . . . . .		3	6,984

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? Yes No

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
2008
2007
2006
2005

2	Total of line 1, column (d) ......................	2
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
4	Enter the net value of noncharitable-use assets for 2010 from Part X, line 5.....	4
5	Multiply line 4 by line 3.......................	5	0
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6
7	Add lines 5 and 6.........................	7	0
8	Enter qualifying distributions from Part XII, line 4..............	8
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)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: 1997-04-21(attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	N/A
	hereand 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	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	0
6	Credits/Payments:

a	2010 estimated tax payments and 2009 overpayment credited to 2010	6a
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
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2011 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of

the instructions for definition)?.............................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If “Yes,” attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If “Yes,” has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If “Yes,” attach the statement required by General Instruction T.

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?................

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.

Yes

Enter the states to which the foundation reports or with which it is registered (see page 19 of the

instructions) bullet

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 .

Yes

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

Yes

Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.

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) .......

Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

The books are in care of bullet

James M Grant CPA PC Telephone no. bullet

(478) 452-2111

Located at bullet

1641 N Jefferson StreetMilledgevilleGA ZIP+4 bullet

31061

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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? .................

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)

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

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? YesNo

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

a disqualified person?.........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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)?...

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

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?.............

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)):

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?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

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.) .........

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business

enterprise at any time during the year?.....................YesNo

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.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(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)...YesNo

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

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)?

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

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?............YesNo

If “Yes,” attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay

premiums on a personal benefit contract?....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If “Yes” to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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
KATHY CHANDLER	TRUSTEE 2	0	0	0
627 HIGHWAY 49 W Milledgeville,GA31061	TRUSTEE 2	0	0	0
CAROL MCRAE	TRUSTEE 2	0	0	0
216 NW COMMODORE DRIVE Milledgeville,GA31061	TRUSTEE 2	0	0	0
JOE MANGUM	TRUSTEE 2	0	0	0
193 PANCRAS ROAD SE Milledgeville,GA31061	TRUSTEE 2	0	0	0
DUDLEY ROWE	PRESIDENT 2	0	0	0
229 LAKECREST DRIVE NE Milledgeville,GA31061	PRESIDENT 2	0	0	0
ROBERT CULBERSON	TREASURER 2	0	0	0
107 LIVE OAK LANE NE Milledgeville,GA31061	TREASURER 2	0	0	0
DAVID EVANS	TRUSTEE 2	0	0	0
108 RIVER LAKE CIRCLE Eatonton,GA31024	TRUSTEE 2	0	0	0
GEORGE HOGAN SR	TRUSTEE 2	0	0	0
PO BOX 72 Milledgeville,GA31059	TRUSTEE 2	0	0	0
DR JAMES LEE	TRUSTEE 2	0	0	0
109 LAKECREST DRIVE Milledgeville,GA31061	TRUSTEE 2	0	0	0
EDDIE LIPSCOMB	TRUSTEE 2	0	0	0
110 INDUSTRIAL PARK DR Milledgeville,GA31061	TRUSTEE 2	0	0	0
JAMES MARSHALL	TRUSTEE 2	0	0	0
104 CHURCH STREET Eatonton,GA31024	TRUSTEE 2	0	0	0
MONICA WEBB	VICE PRESIDENT 2	0	0	0
131 LAKECREST DRIVE Milledgeville,GA31061	VICE PRESIDENT 2	0	0	0
JACKIE NELSON	TRUSTEE 2	0	0	0
PO BOX 671 Hardwick,GA31034	TRUSTEE 2	0	0	0
JAMES GARNER	EXECUTIVE DIREC 40	65,000	1,950	0
107 HUDSON ROAD Eatonton,GA31024	EXECUTIVE DIREC 40	65,000	1,950	0
SHERRILL JONES	SECRETARY 2	0	0	0
293 W LAKEVIEW DRIVE MILLEDGEVILLE,GA31061	SECRETARY 2	0	0	0
DR STEVEN M FORTIER	TRUSTEE 2	0	0	0
420 TWIN LAKES DRIVE GRAY,GA31032	TRUSTEE 2	0	0	0

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

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	ACQUIRE MAINTAIN OPERATING ASSETS OF AN ARBORETUM	0
2


3


4

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	NA	0
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.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

5,789,372

Average of monthly cash balances.......................

509,052

Fair market value of all other assets (see page 24 of the instructions)............

Total (add lines 1a, b, and c).........................

6,298,424

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) ..............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d..........................

6,298,424

Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25

of the instructions) ............................

94,476

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

6,203,948

Minimum investment return. Enter 5% of line 5...................

310,197

Part XI

Distributable Amount (see page 25 of the instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

Tax on investment income for 2010 from Part VI, line 5......

Income tax for 2010. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

Distributable amount before adjustments. Subtract line 2c from line 1............

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4.............................

Deduction from distributable amount (see page 25 of the instructions)...........

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

line 1.................................

Part XII

Qualifying Distributions (see page 25 of the instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

369,438

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes................................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

369,438

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)............

Adjusted qualifying distributions. Subtract line 5 from line 4...............

369,438

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)

Page 8

Part XIII

Undistributed Income (see page 26 of the instructions)

		(a) Corpus
1 Distributable amount for 2010 from Part XI, line 7
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.......
c From 2007.......
d From 2008.......
e From 2009.......
fTotal of lines 3a through e.........
4Qualifying distributions for 2010 from Part
XII, line 4: $ 369,438
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.....
e Remaining amount distributed out of corpus		369,438
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		369,438
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 ..........
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 ......		369,438
10 Analysis of line 9:
a Excess from 2006....
b Excess from 2007....
c Excess from 2008....
d Excess from 2009....
e Excess from 2010....	369,438

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

1986-03-15

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

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	(e) Total
	88,034	115,782	210,357	204,461	618,634
b 85% of line 2a .........	74,829	98,415	178,803	173,792	525,839
c Qualifying distributions from Part XII, line 4 for each year listed .....	369,438	516,659	618,700	468,317	1,973,114
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 ....	369,438	516,659	618,700	468,317	1,973,114
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...	206,798	195,147	231,708	269,173	902,826
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).)

NONE

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.

NONE

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see page 28 of the instructions) to individuals or organizations
under other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a

bApproved for future payment

Total .................................. 3b

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
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			14	10,955
4 Dividends and interest from securities....			14	102,597
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
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aST CAPITAL GAIN DIST			18	35,042
bLT CAPITAL GAIN DIST			18	28,880
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				177,474

13Total. Add line 12, columns (b), (d), and (e)...................

13177,474

(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.	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)

Page 12

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section

Yes

501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash....................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements............................

1b(4)

(5) Loans or loan guarantees..............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

If “Yes,” complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

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.

	Signature of officer or trustee	Date	Title

Preparer's Signature	Date	Check if self- employed	PTIN
Firm's name Firm's address		Firm's EIN
		Phone no.

Form 990-PF (2010)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

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

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

OMB No. 1545-0047

2010

Name of organization

LOCKERLY ARBORETUM FOUNDATION

Employer identification number

58-1078686

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

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

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

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

501(c)(3) taxable private foundation

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

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II.

Special Rules

For a section 501(c)(3) organization filing Form 990 or 990-EZ, that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), and received from any one contributor, during the year, a contribution of the
greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For a section 501(c)(7), (8), or (10) organization filing Form 990, or 990-EZ, that received from any one contributor,
during the year, aggregate contributions of more than $1,000 for use exclusively for religious, charitable,
scientific, literary, or educational purposes, or the prevention of cruelty to children or animals. Complete Parts I, II, and
III.

For a section 501(c)(7), (8), or (10) organization filing Form 990, or 990-EZ, that received from any one contributor,
during the year, contributions for use exclusively for religious, charitable, etc., purposes, but these contributions did
not aggregate to more than $1,000. If this box is checked, enter here the total contributions that were received during
the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule
applies to this organization because it received nonexclusively religious, charitable, etc., contributions of $5,000 or more
during the year. ......................... 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)

Name of organization LOCKERLY ARBORETUM FOUNDATION
Schedule B (Form 990, 990-EZ, or 990-PF) (2010) Page 1 of 1 of Part I
Part I	Contributors (see Instructions)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
1	GRASSMAN FOUNDATION PO BOX 4470 Warren, NJ 07059	$16,500	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Name of organization LOCKERLY ARBORETUM FOUNDATION
Schedule B (Form 990, 990-EZ, or 990-PF) (2010) Page 1 of 1 of Part II
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
1	Supplies for Christmas Program	$301	2010-12-01
(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
LOCKERLY ARBORETUM FOUNDATION

Employer identification number

58-1078686

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

(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

(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

(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

(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:

- TIN:

TY 2010 AccountingFeesSchedule

Name:

LOCKERLY ARBORETUM FOUNDATION

EIN: 58-1078686

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
AUDIT FEES	1,600	0	0	1,600
ACCOUNTING FEES	7,500	0	0	7,500

- TIN:

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

TY 2010 DepreciationSchedule

Name:

LOCKERLY ARBORETUM FOUNDATION

EIN: 58-1078686

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
MACHINERY & EQUIPMENT	1982-12-31	26,773	32,770
BUILDINGS	1982-12-31	22,311	22,311
IMPROVEMENTS	1982-12-31	88,134	88,134
SPRINKLER SYSTEM	1979-07-01	12,481	12,481	SL	20
NATURE TRAIL	1983-07-01	720	720	SL	20
2 WOODEN BUILDINGS	1983-07-01	1,300	1,300	SL	20
OBSERVATION PLATFORM	1983-07-01	1,400	1,400	SL	20
RENOVATION-MAINT COST	1983-07-01	1,200	1,200	SL	20
GREENHOUSE	1983-07-01	25,683	25,683	SL	20
JD TRACTOR & MOWER	1990-03-07	12,653	12,653	SL	10
COMPUTER SYSTEM	1993-07-01	4,244	4,244	SL	10
EQUIPMENT	1994-04-21	460	460	SL	10
TRUCK	1996-07-30	6,500	6,500	SL	5
COMPUTER EQUIPMENT	1996-08-01	11,908	11,908	SL	3
CHAIN SAW	1997-05-31	382	382	SL	5
KEE MOWER	1997-12-22	697	697	SL	5
BUILDING-LOCKERLY HALL	1998-09-30	339,300	97,875	SL	39	8,700
FURNISHINGS-LOCKERLY HALL	1998-09-30	364,460	205,009	SL	20	18,223
APPL & EQ-LOCKERLY HALL	1998-09-30	86,676	86,676	SL	10
FURNITURE-LOCKERLY HALL	1999-04-29	94,800	50,560	SL	20	4,740
FURNITURE-LOCKERLY HALL	2000-02-18	4,740	2,330	SL	20	237
FURNITURE-LOCKERLY HALL	2000-02-23	2,274	1,121	SL	20	114
MOWER	2000-06-21	2,825	2,683	SL	10	142
DAM	2000-12-27	13,314	6,099	SL	20	666
3 PIANO COVERS	2001-07-31	3,325	1,397	SL	20	166
DAM & ROADS-WORLEY	2001-01-01	30,000	13,500	SL	20	1,500
3 PANEL PRINTINGS	2001-03-31	7,000	3,063	SL	20	350
DOCK-WORLEY	2001-03-31	1,100	481	SL	20	55
TRANSFORMERS ETC-WORLEY	2001-07-31	30,000	12,625	SL	20	1,500
DAM & ROADS-WORLEY	2001-06-30	15,000	6,375	SL	20	750
WELLPUMPINSTALL-WORLEY	2001-06-30	5,195	2,210	SL	20	260
JOHN DEERE MOWER	2002-04-26	12,125	9,295	SL	10	1,213
HAND RAILS	2003-11-30	450	146	SL	20	23
DR CHIPPER	2003-12-22	2,344	2,344	MACRS	3
1984 FORD F150	2003-12-31	3,800	3,800	MACRS	3
ARBORETUM IMPROVEMENTS	2003-12-31	4,034	1,313	SL	20	202
PARLOR GRAND PIANO	2003-12-31	6,500	1,950	SL	20	325
WORLEY CENTER IMPROVEMENT	2003-12-31	117,003	38,025	SL	20	5,850
BARN RENOVATION	2008-01-01	19,754	1,625	SL	20	988
COMPUTER	2007-05-31	6,222	3,114	SL	5	1,244
JOHN DEERE UTILITY VEH	2007-08-09	2,525	1,565	SL	5	505
COMPUTER	2007-09-04	1,293	643	SL	5	259
SAGE SOFTWARE	2007-10-30	7,840	3,397	SL	5	1,568
KUBOTA TRACTOR	2008-07-30	22,075	3,522	SL	10	2,208
LAND	1983-12-31	711,772
PHILADELPHIA CLASSIC SOFA	2008-11-04	16,500	2,200	SL	10	1,650
IMPROVEMENTS - PAINT	2008-11-04	950	110	SL	10	95
WASTE CONTAINER	2008-12-23	275	28	SL	10	28
HVAC UNIT	2009-12-30	1,600		SL	10	160
2 COMPUTERS	2009-12-30	500		SL	5	100
2 PROJECTOR SCREENS	2009-12-31	300		SL	5	60
6 BRASS STANCHIONS	2009-12-30	600		SL	5	120
4 VELVET & BRASS ROPES	2009-12-30	120		SL	5	24
6 PLASTIC STANCHIONS	2009-12-30	200		SL	5	40
LOCKERLY HALL IMPROVEMENT	2009-02-11	7,020	322	SL	20	351
PARKING AREA RENOVATION	2009-01-26	12,950	594	SL	20	648
VACUUM CLEANER	2009-07-27	400	33	SL	5	80
08 GMC SIERRA HD PICKUP	2009-07-31	22,000	3,667	SL	3	733
KUBOTA 27 HP 60 PRO DECK	2010-07-28	13,872		SL	10	694
WALKWAYPICNIC TABLE IMPR	2010-01-01	14,622		SL	10	731
SIGN-ANNE KING FEATURE	2010-09-20	565		SL	5	57
ENTRANCE CONSTRUCTION	2010-01-01	5,556		SL	10	278
HVAC INSTALLATION	2010-08-16	1,500		SL	10	75

- TIN:

TY 2010 InvestmentsCorpStockSchedule

Name:

LOCKERLY ARBORETUM FOUNDATION

EIN: 58-1078686

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ISHARES TR S&P 500 INDEX	291,489	245,809
ISHARES MSCI EAFE INDEX	233,286	168,838
ISHARES RUSSELL 1000 VAL INDEX	257,929	207,195
ISHARES TR RUSSELL 1000 GRWT
FREDDIE MAC 8375 NON-CUM	101,635	2,516
FANNIE MAE 825	100,188	2,240

- TIN:

TY 2010 InvestmentsGovtObligationsSch

Name:

LOCKERLY ARBORETUM FOUNDATION

EIN: 58-1078686

US Government Securities - End of Year Book Value:

US Government Securities - End of Year Fair Market Value:

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

1,034

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

1,188

- TIN:

TY 2010 InvestmentsOtherSchedule2

Name:

LOCKERLY ARBORETUM FOUNDATION

EIN: 58-1078686

Category/ Item	Book Value	End of Year Fair Market Value
FIDELITY CONTRAFUND INC	274,353	329,013
MFS INTER INCOME TR
AMERICAN EUROPACIFIC	552,737	579,055
SEARS ROEBUCK ACCEPTANCE 7%	100,000	100,500
T ROWE PRICE GROWTH STOCK FD	236,233	330,335
VANGUARD LONG TRM INV GR INV
FEDERATED USG 2-5 INSTL	278,000	283,573
VANGUARD SHORT-TERM BOND INDEX
OPPENHEIMER DEVELOPING MKTS CL Y	292,600	341,224
FIRST AMERN INVT FDS INC REAL EST	311,034	343,810
MFS VAL FUND CL I	147,100	166,504
MAINSTAY MAP FND CLA A	124,000	146,368
MANNING & NAPIER FD INC NEW PROBL	118,049	140,858
WASATCH FDS INC 1ST INCM EQTY	140,000	159,654
MANNING & NAPIER FD INC NEW WORLD	226,000	242,536
AIM GROWTH SER INVSC MD CR INST	399,350	465,710
WESTPORT FDS WESTPORT FD I	372,893	463,943
PIMCO FDS PAC INVT MGMT SER TOT RET	656,721	663,826
SEI DAILY INCOME TR INTR DUR GV A	660,500	659,320
VANGUARD BD INDEX FD INC LONG TERM	341,000	334,647
VANGUARD ST FEDERAL ADMIRAL	107,000	105,282

- TIN:

TY 2010 OtherAssetsSchedule

Name:

LOCKERLY ARBORETUM FOUNDATION

EIN: 58-1078686

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
UTILITY DEPOSITS	800	800

- TIN:

TY 2010 OtherExpensesSchedule

Name:

LOCKERLY ARBORETUM FOUNDATION

EIN: 58-1078686

Description	Revenue and Expenses per Books	Disbursements for Charitable Purposes
CAPITAL PROJECTS	8,712	8,712
RESTRICTED EXPENSES	1,474	1,474
INSURANCE	22,154	22,154
ARBORETUM DEVELOPMENT	27,191	27,191
OFFICE SUPPLIES	2,193	2,193
OTHER FUNDRAISING	1,527	1,527
PROSPECTING	744	744
TECHNOLOGY	1,972	1,972
POSTAGE	270	270
OTHER OFFICE ADMIN EXPENSES	858	858
MEMBERSHIP PROGRAM	129	129
SPECIAL EVENTS	18,676	18,676

- TIN:

TY 2010 OtherIncomeSchedule2

Name:

LOCKERLY ARBORETUM FOUNDATION

EIN: 58-1078686

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
PROGRAMS AND SPECIAL EVENTS	25,320	0	0
CAPITAL GAIN DISTRIBUTIONS	63,922	0	0

- TIN:

TY 2010 OtherProfessionalFeesSchedule

Name:

LOCKERLY ARBORETUM FOUNDATION

EIN: 58-1078686

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MGMT FEES	31,391	31,391	31,391	0

- TIN:

TY 2010 TaxesSchedule

Name:

LOCKERLY ARBORETUM FOUNDATION

EIN: 58-1078686

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
PAYROLL TAXES	18,875	0	0	18,875