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
THE MCCREADY FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)C/O 670 WEST MARKET STREET   Room/suite
City or town, state, and ZIP code
AKRON, OH44303
A Employer identification number

34-1812977
B Telephone number (see page 10 of the instructions)

(330) 849-6500
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$769,347J 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 58 58  
4 Dividends and interest from securities...... 13,711 13,711  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 73,158
b Gross sales price for all assets on line 6a 408,014
7 Capital gain net income (from Part IV, line 2)... 73,158
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 22 22  
12 Total. Add lines 1 through 11........ 86,949 86,949  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 2,750 2,750   0
c Other professional fees (attach schedule).... Click to see attachment 10,848 10,848   0
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 26 26   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 13,624 13,624   0
25 Contributions, gifts, grants paid........ 109,750 109,750
26 Total expenses and disbursements. Add lines 24 and 25 123,374 13,624   109,750
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -36,425
b Net investment income (if negative, enter -0-) 73,325
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 32,621 41,286 41,286
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 465,461 Click to see attachment480,983 585,769
c Investments—corporate bonds (attach schedule)........ 199,199 Click to see attachment138,587 142,292
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis 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) 697,281 660,856 769,347
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 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......... 697,281 660,856
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see page 17 of the
instructions).................... 697,281 660,856
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 697,281 660,856
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)............... 1 697,281
2 Enter amount from Part I, line 27a...................... 2 -36,425
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 660,856
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 660,856
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 25 3M COMPANY P 2006-01-25 2010-07-29
b 40 3M COMPANY P 2006-01-25 2010-10-07
c 20 3M COMPANY P 2006-07-11 2010-10-07
d 50 ACCENTURE PLC IRELD CL A P 2010-05-21 2010-12-17
e 35 ACCENTURE PLC IRELD CL A P 2009-10-01 2010-12-22
70 ACCENTURE PLC IRELD CL A P 2010-05-21 2010-12-22
305 ANNALY CAP MGMT INC P 2008-09-17 2010-01-21
60 BANK OF NEW YORK MELLON P 2010-09-22 2010-12-17
25 BAXTER INTL INC P 2010-04-28 2010-09-24
5 BAXTER INTL INC P 2010-06-10 2010-09-24
65 BAXTER INTL INC P 2010-06-10 2010-12-22
80 BERKSHIRE HATHAWAY B NEW P 2005-11-01 2010-01-29
30 BOEING COMPANY P 2008-05-28 2010-03-12
130 CHESAPEAKE ENERGY CORP P 2008-10-31 2010-12-22
30 CHESAPEAKE ENERGY CORP P 2010-03-25 2010-12-22
50 CHESAPEAKE ENERGY CORP P 2010-10-19 2010-12-22
235 CISCO SYSTEMS INC P 2009-02-19 2010-04-01
100 EQUIFAX INC P 2005-11-01 2010-12-22
165 GENERAL ELECTRIC COMPANY P 2008-01-22 2010-04-21
175 GENERAL ELECTRIC COMPANY P 2009-02-12 2010-04-21
100 HALLIBURTON COMPANY P 2007-04-26 2010-07-29
50 HALLIBURTON COMPANY P 2010-02-02 2010-07-29
50 HALLIBURTON COMPANY P 2010-02-02 2010-12-17
30 HALLIBURTON COMPANY P 2010-02-02 2010-12-22
60 JPMORGAN CHASE & COMPANY P 2005-11-01 2010-12-22
20 KRAFT FOODS CL A P 2008-10-15 2010-12-22
95 KRAFT FOODS CL A P 2008-12-17 2010-12-22
100 LIFE TECHNOLOGIES CORP P 2010-04-16 2010-12-22
25 LOWES COMPANIES INC P 2009-12-01 2010-03-18
150 LOWES COMPANIES INC P 2009-12-01 2010-12-22
20 PARKER HANNIFIN CORP P 2009-07-22 2010-03-24
80 PEPSICO INC P 2005-11-01 2010-08-18
35 PIONEER NATL RES COMPANY P 2010-05-21 2010-06-21
45 PIONEER NATL RES COMPANY P 2010-05-21 2010-12-17
10 PIONEER NATL RES COMPANY P 2010-07-02 2010-12-17
15 RALCORP HLDGS INC NEW P 2009-04-15 2010-03-18
15 RALCORP HLDGS INC NEW P 2009-04-15 2010-05-03
50 RALCORP HLDGS INC NEW P 2009-04-15 2010-12-22
265 SYMANTEC CORP P 2006-01-20 2010-05-21
70 SYMANTEC CORP P 2006-03-23 2010-05-21
75 TOTAL S A SPONS ADR P 2009-02-05 2010-05-24
20.200 TYCO ELECTRONICS LTD P 2005-11-01 2010-03-18
9.800 TYCO ELECTRONICS LTD P 2007-07-31 2010-03-18
75 TYCO ELECTRONICS LTD P 2005-11-01 2010-03-24
17 TYCO ELECTRONICS LTD P 2005-11-01 2010-12-22
133 TYCO ELECTRONICS LTD P 2009-02-06 2010-12-22
10 VULCAN MATERIALS COMPANY P 2008-06-12 2010-03-24
15 VULCAN MATERIALS COMPANY P 2009-07-06 2010-03-24
30 VULCAN MATERIALS COMPANY P 2009-07-06 2010-05-03
155 VULCAN MATERIALS COMPANY P 2009-07-06 2010-08-25
40 VULCAN MATERIALS COMPANY P 2010-02-11 2010-08-25
4 WASHINGTON POST COMPANY P 2009-09-28 2010-04-16
11 WASHINGTON POST COMPANY P 2009-09-28 2010-06-09
5 WHITE MTN INS GROUP LTD P 2005-11-01 2010-03-18
60 YUM BRANDS INC P 2005-11-01 2010-09-03
55 YUM BRANDS INC P 2005-11-01 2010-11-16
70 YUM BRANDS INC P 2006-08-01 2010-11-16
10,000 HALLIBURTON CO5.5 101510 P 2008-03-31 2010-06-09
40,000 HALLIBURTON CO5.5 101510 P 2008-03-31 2010-10-15
160 ALLIANT ENERGY CORP P 2009-05-18 2010-02-01
20 AMER ELEC PWR CO INC P 2009-11-06 2010-03-26
260 AMER ELEC PWR CO INC P 2009-11-06 2010-09-01
160 AMEREN CORP P 2009-12-08 2010-10-19
110 ANADARKO PETROLEUM CORP P 2010-06-21 2010-08-04
10 AT&T INC P 2008-10-21 2010-03-26
50 CLOUD PEAK ENERGY INC P 2010-03-25 2010-10-19
110 CLOUD PEAK ENERGY INC P 2010-04-15 2010-10-19
40 CMS ENERGY CORP P 2009-09-18 2010-03-26
170 CMS ENERGY CORP P 2009-08-12 2010-05-27
40 CMS ENERGY CORP P 2009-09-18 2010-05-27
630 CMS ENERGY CORP P 2009-08-12 2010-11-09
20 COMMERCIAL METALS CO P 2008-12-01 2010-03-26
10 DISNEY WALT COMPANY P 2009-10-02 2010-03-26
150 DISNEY WALT COMPANY P 2009-10-02 2010-09-01
150 DISNEY WALT COMPANY P 2009-10-02 2010-09-27
40 EAST WEST BANCORP INC P 2010-01-28 2010-03-26
10 FREEPORT MCMRN COP & GLD P 2009-11-06 2010-03-26
30 FREEPORT MCMRN COP & GLD P 2009-11-06 2010-08-04
20 FREEPORT MCMRN COP & GLD P 2009-05-18 2010-10-18
30 GOODYEAR TIRE & RUBBER P 2009-07-02 2010-03-26
110 GRACE W R & COMPANY NEW P 2009-01-21 2010-03-03
20 GRACE W R & COMPANY NEW P 2009-01-21 2010-03-26
110 HELMERICH & PAYNE INC P 2009-05-18 2010-03-02
360 HUNTSMAN CORP P 2009-08-28 2010-03-10
30 HUNTSMAN CORP P 2009-08-28 2010-03-26
300 HUNTSMAN CORP P 2010-05-07 2010-10-19
40 HUNTSMAN CORP P 2009-08-28 2010-12-14
70 HUNTSMAN CORP P 2010-05-07 2010-12-14
10 KANSAS CITY STHRN NEW P 2009-05-18 2010-03-26
150 KANSAS CITY STHRN NEW P 2009-05-18 2010-07-14
430 M G I C INVT CORP P 2009-05-18 2010-03-02
20 M G I C INVT CORP P 2009-11-19 2010-03-02
460 M G I C INVT CORP P 2009-11-19 2010-03-24
100 M G I C INVT CORP P 2009-11-19 2010-03-26
210 M G I C INVT CORP P 2009-11-23 2010-03-31
160 M G I C INVT CORP P 2009-11-19 2010-04-21
130 M G I C INVT CORP P 2009-11-23 2010-04-21
20 MCDERMOTT INTL INC P 2009-08-04 2010-03-26
390 MCDERMOTT INTL INC P 2009-08-04 2010-08-17
50 MICRON TECHNOLOGY INC P 2009-12-04 2010-03-26
10 MICRON TECHNOLOGY INC P 2010-02-16 2010-03-26
10 MOSAIC COMPANY P 2009-05-18 2010-03-26
60 MOSAIC COMPANY P 2009-05-18 2010-04-27
100 MOSAIC COMPANY P 2009-11-06 2010-04-27
10 MUELLER WTR PRODS SER A P 2007-09-24 2010-03-26
60 MUELLER WTR PRODS SER A P 2007-09-25 2010-03-26
30 MUELLER WTR PRODS SER A P 2007-09-26 2010-03-26
90 NAVISTAR INTL CORP NEW P 2009-05-18 2010-05-26
10 NEWFIELD EXPLORATION P 2008-08-15 2010-10-15
10 NEWFIELD EXPLORATION P 2008-10-22 2010-10-15
30 NEWFIELD EXPLORATION P 2010-02-17 2010-10-15
20 NEWFIELD EXPLORATION P 2008-10-22 2010-12-06
40 NEWFIELD EXPLORATION P 2008-10-22 2010-12-21
20 OWENS CORNING INC NEW P 2009-05-18 2010-03-26
110 OWENS CORNING INC NEW P 2009-05-18 2010-05-04
10 OWENS CORNING INC NEW P 2009-05-18 2010-10-28
100 OWENS CORNING INC NEW P 2009-06-17 2010-10-28
180 OWENS CORNING INC NEW P 2009-06-17 2010-11-02
107 PAPA JOHNS INTL INC P 2005-10-31 2010-03-04
20 PAPA JOHNS INTL INC P 2006-11-14 2010-03-04
30 PAPA JOHNS INTL INC P 2006-12-27 2010-03-04
10 PAPA JOHNS INTL INC P 2006-12-28 2010-03-04
70 PAPA JOHNS INTL INC P 2006-12-29 2010-03-04
20 PAPA JOHNS INTL INC P 2007-07-18 2010-03-04
10 PEABODY ENERGY CORP P 2008-12-29 2010-03-26
120 PEABODY ENERGY CORP P 2008-12-26 2010-05-07
60 PEABODY ENERGY CORP P 2008-12-29 2010-05-07
160 PEPCO HLDGS INC P 2009-12-01 2010-03-26
560 PEPCO HLDGS INC P 2009-12-01 2010-12-21
10 PINNACLE WEST CAP CORP P 2009-05-18 2010-03-26
230 PINNACLE WEST CAP CORP P 2009-05-18 2010-05-07
100 PNC FINL SVCS GROUP INC P 2009-02-02 2010-12-16
80 TESCO CORP P 2009-07-24 2010-01-20
120 TEXTAINER GRP HLDGS LTD P 2010-05-12 2010-12-10
10 TRAVELERS COMPANIES INC P 2009-07-30 2010-03-26
70 TRAVELERS COMPANIES INC P 2008-10-22 2010-09-27
90 TRAVELERS COMPANIES INC P 2008-10-23 2010-09-27
20 TRAVELERS COMPANIES INC P 2009-07-30 2010-09-27
10 WAL-MART STORES INC P 2009-05-18 2010-03-26
110 WAL-MART STORES INC P 2009-05-18 2010-04-01
30 ZIONS BANCORPORATION P 2009-10-16 2010-03-26
100 ZIONS BANCORPORATION P 2009-10-16 2010-04-21
370 ZIONS BANCORPORATION P 2009-10-16 2010-11-02
(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 2,168   1,826 342
b 3,566   2,922 644
c 1,783   1,454 329
d 2,520   1,884 636
e 1,710   1,295 415
3,420   2,637 783
5,228   4,111 1,117
1,760   1,538 222
1,217   1,204 13
243   205 38
3,299   2,668 631
6,147   4,544 1,603
2,086   2,453 -367
3,301   2,868 433
762   687 75
1,269   1,089 180
6,108   3,551 2,557
3,542   3,475 67
3,148   5,614 -2,466
3,339   1,974 1,365
2,992   3,173 -181
1,496   1,530 -34
1,991   1,530 461
1,213   918 295
2,541   2,212 329
638   537 101
3,030   2,577 453
5,520   5,138 382
623   564 59
3,835   3,381 454
1,314   942 372
5,241   4,702 539
2,521   2,046 475
3,842   2,630 1,212
854   574 280
1,008   811 197
1,001   811 190
3,260   2,704 556
3,895   4,985 -1,090
1,029   1,100 -71
3,418   3,968 -550
548   618 -70
266   352 -86
2,113   2,295 -182
600   520 80
4,698   1,951 2,747
500   698 -198
751   649 102
1,764   1,298 466
5,805   6,707 -902
1,498   1,715 -217
2,138   1,807 331
4,842   4,968 -126
1,779   3,070 -1,291
2,651   1,513 1,138
2,711   1,387 1,324
3,450   1,575 1,875
10,147   10,523 -376
40,000   42,092 -2,092
4,987   3,784 1,203
683   621 62
9,351   8,076 1,275
4,650   4,301 349
6,075   4,856 1,219
262   266 -4
897   807 90
1,974   1,810 164
622   540 82
2,475   2,234 241
582   540 42
11,336   8,278 3,058
304   214 90
351   271 80
5,013   4,060 953
5,010   4,060 950
734   663 71
790   794 -4
2,242   2,383 -141
1,936   956 980
390   347 43
3,208   746 2,462
574   136 438
4,488   3,466 1,022
4,861   2,880 1,981
384   240 144
3,764   2,991 773
632   320 312
1,107   698 409
358   151 207
5,438   2,265 3,173
3,340   1,961 1,379
155   87 68
4,492   2,006 2,486
981   436 545
2,310   916 1,394
1,835   698 1,137
1,491   567 924
518   419 99
5,144   4,088 1,056
524   426 98
105   86 19
590   539 51
3,029   3,232 -203
5,048   5,008 40
48   112 -64
287   666 -379
144   334 -190
4,796   3,549 1,247
596   444 152
596   200 396
1,787   1,524 263
1,419   401 1,018
2,890   802 2,088
477   294 183
3,857   1,616 2,241
270   147 123
2,700   1,067 1,633
4,911   1,920 2,991
2,565   2,797 -232
479   616 -137
719   896 -177
240   297 -57
1,678   2,031 -353
479   575 -96
442   225 217
5,090   2,613 2,477
2,545   1,351 1,194
2,680   2,661 19
10,237   9,312 925
376   261 115
8,227   6,007 2,220
5,902   3,099 2,803
1,208   799 409
3,574   2,980 594
545   419 126
3,665   2,603 1,062
4,712   3,445 1,267
1,047   838 209
557   495 62
6,081   5,446 635
670   553 117
2,898   1,844 1,054
7,441   6,824 617
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       342
b       644
c       329
d       636
e       415
      783
      1,117
      222
      13
      38
      631
      1,603
      -367
      433
      75
      180
      2,557
      67
      -2,466
      1,365
      -181
      -34
      461
      295
      329
      101
      453
      382
      59
      454
      372
      539
      475
      1,212
      280
      197
      190
      556
      -1,090
      -71
      -550
      -70
      -86
      -182
      80
      2,747
      -198
      102
      466
      -902
      -217
      331
      -126
      -1,291
      1,138
      1,324
      1,875
      -376
      -2,092
      1,203
      62
      1,275
      349
      1,219
      -4
      90
      164
      82
      241
      42
      3,058
      90
      80
      953
      950
      71
      -4
      -141
      980
      43
      2,462
      438
      1,022
      1,981
      144
      773
      312
      409
      207
      3,173
      1,379
      68
      2,486
      545
      1,394
      1,137
      924
      99
      1,056
      98
      19
      51
      -203
      40
      -64
      -379
      -190
      1,247
      152
      396
      263
      1,018
      2,088
      183
      2,241
      123
      1,633
      2,991
      -232
      -137
      -177
      -57
      -353
      -96
      217
      2,477
      1,194
      19
      925
      115
      2,220
      2,803
      409
      594
      126
      1,062
      1,267
      209
      62
      635
      117
      1,054
      617
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 73,158
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 137,091 781,084 0.175514
2008 168,439 1,098,910 0.153278
2007 352,398 1,553,327 0.226867
2006 339,407 1,756,909 0.193184
2005 233,325 1,853,115 0.125910
2 Total of line 1, column (d) ...................... 2 0.874753
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 0.174951
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 772,410
5 Multiply line 4 by line 3....................... 5 135,134
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 733
7 Add lines 5 and 6......................... 7 135,867
8 Enter qualifying distributions from Part XII, line 4.............. 8 109,750
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 1,467
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 1,467
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 1,467
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  
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  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 407
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet   Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?.............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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)bulletOH
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletTHOMAS E GEDELIAN CPA Telephone no.bullet (330) 864-6661
    Located atbullet1735 MERRIMAN ROADAKRONOH ZIP+4bullet44313
    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
     
     
    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
    JAMES P MCCREADY TRUSTEE
    1.00     		0 0 0
    1832 GALLEON DRIVE
    NAPLES,FL34102
    GAIL J MCCREADY TRUSTEE
    1.00     		0 0 0
    1832 GALLEON DRIVE
    NAPLES,FL34102
    ROLAND H BAUER TRUSTEE
    1.00     		0 0 0
    3093 ATHENS ROAD
    SILVER LAKE,OH44224
    NANCY S ALLSHOUSE SECRETARY
    1.00     		0 0 0
    547 LOCUST STREET
    CANAL FULTON,OH44614
    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 NONE 0
    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 NONE 0
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................bullet0
    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
    737,274
    b
    Average of monthly cash balances.......................
    1b
    46,899
    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
    784,173
    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
    784,173
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    11,763
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    772,410
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    38,621
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    38,621
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    1,467
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,467
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    37,154
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    37,154
    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
    37,154
    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
    109,750
    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
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    109,750
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    109,750
    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 37,154
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2010:
    a From 2005....... 141,019
    b From 2006....... 252,048
    c From 2007....... 276,436
    d From 2008....... 113,615
    e From 2009....... 98,255
    fTotal of lines 3a through e......... 881,373
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 109,750
    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..... 37,154
    e Remaining amount distributed out of corpus 72,596
    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 5 953,969
    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) .............     		141,019
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		812,950
    10 Analysis of line 9:
    a Excess from 2006.... 252,048
    b Excess from 2007.... 276,436
    c Excess from 2008.... 113,615
    d Excess from 2009.... 98,255
    e Excess from 2010.... 72,596
    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).)
    JAMES P MCCREADY
    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:
    NANCY ALLSHOUSE
    670 W MARKET ST
    AKRON,OH44303
    (330) 849-6500
    bThe form in which applications should be submitted and information and materials they should include:
    NAME OF ORGANIZATION, ADDRESS, PERSON TO CONTACT AND PHONE NUMBER, TAX EXEMPT STATUS AND IF EXEMPT BASIS FOR EXEMPTION, AMOUNT OF FUNDS REQUESTED, REASON FUNDS REQUESTED AND HOW THEY WILL BE USED, OTHER INFORMATION HELPFUL TO THE TRUSTEES IN MAKING A DETERMINATION, A COPY OF YOUR INTERNAL REVENUE TAX DETERMINATION LETTER, A LIST OF CURRENT BOARD OF TRUSTEES MEMBERS, A COPY OF YOUR MOST RECENT ANNUAL REPORT OR AUDITED FINANCIAL STATEMENT, AND MOST RECENT TAX RETURN 990.
    cAny submission deadlines:
    SEPTEMBER 1
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE ONLY MADE TO QUALIFIED ORGANIZATIONS UNDER THE INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3) AND WHICH ARE NOT PRIVATE FOUNDATIONS. THE FOUNDATION DOES NOT ORDINARILY MAKE COMMITMENTS FOR MULTI-YEAR GRANTS OR CONSIDER GRANTS TO ANNUAL FUND DRIVES, TO UNITS OF GOVERNMENT, OR ORGANIZATIIONS WHICH ARE PRIMARILY TAX-SUPPORTED. REQUESTS FROM THE SAME ORGANIZATION CAN BE CONSIDERED ONLY ONCE DURING A TWELVE-MONTH PERIOD.
    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
    BOYS & GIRLS CLUBS OF COLLIER COUNTY
    PO BOX 8896
    NAPLES,FL34101     		    CHARITABLE 10,000
    CHILDREN'S HOSPITAL BOSTON
    1 AUTUMN ST 731
    BOSTON,MA02215     		    CHARITABLE 2,500
    CHILDREN'S MUSEUM OF NAPLES
    PO BOX 2423
    NAPLES,FL34106     		    CHARITABLE 2,500
    CLEVELAND CLINIC
    9500 EUCLID AVEA30
    CLEVELAND,OH44195     		    CHARITABLE 50,000
    GREAT TRAIL COUNCIL - BOY SCOUTS OF AMERICA
    PO BOX 68
    AKRON,OH44309     		    CHARITABLE 1,000
    HABITAT FOR HUMANITY OF SUMMIT COUNTY
    2301 ROMIG ROAD
    AKRON,OH44320     		    CHARITABLE 2,500
    KENMORE COMMUNITY COUNCIL
    PO BOX 3954
    AKRON,OH44314     		    CHARITABLE 500
    MOBILE MEALS
    55 ARCH ST 1A
    AKRON,OH44304     		    CHARITABLE 500
    MOUNTAIN MISSION SCHOOL
    1760 EDGEWATER DRIVE
    GRUNDY,VA24614     		    EDUCATIONAL 8,000
    NAPLES PHILHARMONIC ORCHESTRA
    5833 PELICAN BAY BLVD
    NAPLES,FL34108     		    CHARITABLE 12,500
    OLD TRAIL SCHOOL
    PO BOX 827
    BATH,OH44210     		    EDUCATIONAL 5,000
    PREVENT BLINDNESS OHIO
    1500 W THIRD AVE 200
    COLUMBUS,OH43212     		    CHARITABLE 250
    PROFESSIONAL GIVERS ANONYMOUS
    1801 GULF SHORE BLVD 503
    NAPLES,FL34102     		    CHARITABLE 2,500
    UNITED WAY
    PO BOX 1260
    AKRON,OH44309     		    CHARITABLE 12,000
    Total .................................bullet 3a 109,750
    bApproved for future payment
    CHILDREN'S MUSEUM OF NAPLES
    PO BOX 2423
    NAPLES,FL34106     		    CHARITABLE 85,000
    Total ..................................bullet 3b 85,000
    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     14 58  
    4 Dividends and interest from securities....     14 13,711  
    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 73,158  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aLITIGATION PROCEEDS     01 22  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 86,949 0
    13Total. Add line 12, columns (b), (d), and (e)...................
    1386,949
    (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 AccountingFeesSchedule
    Name:
    THE MCCREADY FAMILY FOUNDATION
    EIN: 34-1812977
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 2,750 2,750   0

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    THE MCCREADY FAMILY FOUNDATION
    EIN: 34-1812977
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICAN HOME PRODUCTS CORP 50,297 50,645
    AT&T CORP 51,170 52,820
    TYCO INTERNATIONAL GROUP 37,120 38,827

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    THE MCCREADY FAMILY FOUNDATION
    EIN: 34-1812977
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AES CORP 9,348 11,388
    ACCENTURE PLC IRELAND 4,439 5,819
    BANK OF NEW YORK MELLON CORP 9,355 11,023
    BAXTER INTERNATIONAL INC 6,362 8,352
    BERKSHIRE HATHAWAY INC 3,678 5,608
    BOEING COMPANY 10,524 10,442
    CHESAPEAKE ENERGY CORP 5,723 7,384
    COVIDIEN PLC 9,126 11,278
    EQUIFAX INC 7,531 8,900
    GOODRICH CORP 5,760 7,046
    HSBC HOLDINGS PLC 7,304 5,768
    HALLIBURTON COMPANY 6,250 11,432
    HEWLETT-PACKARD COMPANY 5,369 5,263
    ITT CORP 10,604 10,683
    JPMORGAN CHASE & CO 7,005 8,060
    KRAFT FOODS 6,401 7,878
    LIBERTY MEDIA HOLDING CORP 5,715 5,677
    LIFE TECHNOLOGIES CORP 6,278 7,770
    LOEWS CORP 5,955 6,226
    LOWES COMPANIES INC 6,633 7,775
    PARKER-HANNIFIN CORP 3,769 6,904
    PIONEER NATURAL RESOURCES CO 6,821 10,853
    RALCORP HOLDINGS 6,489 7,801
    3M COMPANY 4,726 5,610
    TYCO ELECTRONICS LTD 3,262 8,744
    TYCO INTERNATIONAL LTD 5,853 5,677
    WAL-MART STORES INC 9,056 10,516
    WHITE MOUNTAINS INSURANCE GROUP 12,823 10,739
    YAHOO INC 7,692 10,061
    AT&T INC 11,373 12,927
    AMEREN CORP 12,045 12,686
    ANADARKO PETROLEUM CORP 5,298 9,139
    BABCOCK & WILCOX COMPANY 9,987 11,643
    BANK OF AMERICA CORP 10,795 11,339
    BAXTER INTERNATIONAL INC 11,002 11,643
    CLEAR CHANNEL OUTDOOR HOLDINGS INC 9,499 11,794
    CLOUD PEAK ENERGY INC 9,339 13,473
    COMMERICLA METALS COMPANY 5,008 7,797
    CONSTELLATION ENERGY GROUP INC 10,910 11,333
    EAST WEST BANCORP INC 8,221 15,249
    EXELON CORP 12,601 12,076
    FREEPORT MCMORAN COPPER & GOLD 3,345 8,406
    FUSHI COPPERWELD INC 10,120 7,770
    GOLDMAN SACHS GROUP INC 5,534 9,249
    GOODYEAR TIRE & RUBBER COMPANY 8,438 8,651
    GRACE W R & COMPANY 1,660 9,134
    HOSPIRA INC 11,615 12,252
    HUNTSMAN CORP 5,440 10,615
    MGIC INVESTMENT CORP 3,852 9,375
    MPG OFFICE TRUST INC 3,314 2,338
    MICRON TECHNOLOGY INC 12,351 12,110
    MUELLER WATER PRODUCTS INC 17,152 12,093
    NAVISTAR INTERNATIONAL CORP 6,349 9,845
    NEWFIELD EXPLORATION COMPANY 1,604 5,769
    NEXEN INC 11,515 13,282
    PPL CORP 11,832 12,370
    RAYONIER INC 3,429 5,252
    REINSURANCE GROUP AMERICA INC 9,686 10,742
    SEMPRA ENERGY 12,173 12,070
    TESCO CORP 7,820 11,910
    TEXTAINER GROUP HOLDINGS 7,662 9,402
    WEYERHAEUSER COMPANY 10,163 11,358

    TY 2010 OtherIncomeSchedule2
    Name:
    THE MCCREADY FAMILY FOUNDATION
    EIN: 34-1812977
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LITIGATION PROCEEDS 22 22 22


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    THE MCCREADY FAMILY FOUNDATION
    EIN: 34-1812977
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ASSET MANAGEMENT FEES 10,848 10,848   0


    TY 2010 TaxesSchedule
    Name:
    THE MCCREADY FAMILY FOUNDATION
    EIN: 34-1812977
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN INCOME TAX WITHHOLDING 26 26   0