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
ATWOOD FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 7327   Room/suite
City or town, state, and ZIP code
ROCKFORD, IL611267327
A Employer identification number

36-6108602
B Telephone number (see page 10 of the instructions)

(815) 316-0035
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$5,282,304J 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 107 107  
4 Dividends and interest from securities...... 75,134 75,134  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 72,363
b Gross sales price for all assets on line 6a 2,631,793
7 Capital gain net income (from Part IV, line 2)... 72,363
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).......      
12 Total. Add lines 1 through 11........ 147,604 147,604  
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).......        
c Other professional fees (attach schedule).... Click to see attachment 20,902 17,767   3,135
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 3,371 2,371   1,000
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 115 0   115
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 24,388 20,138   4,250
25 Contributions, gifts, grants paid........ 300,000 300,000
26 Total expenses and disbursements. Add lines 24 and 25 324,388 20,138   304,250
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -176,784
b Net investment income (if negative, enter -0-) 127,466
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...............   10 10
2 Savings and temporary cash investments.......... 947,442 706,718 706,718
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)........ 3,672,926 Click to see attachment3,736,856 4,575,576
c Investments—corporate bonds (attach schedule)........      
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) 4,620,368 4,443,584 5,282,304
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......... 4,620,368 4,443,584
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).................... 4,620,368 4,443,584
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 4,620,368 4,443,584
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 4,620,368
2 Enter amount from Part I, line 27a...................... 2 -176,784
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 4,443,584
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 4,443,584
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 314 SHARES OF CROWN CASTLE INTL CORP P 2009-07-28 2010-01-06
b 309 SHARES OF THE WALT DISNEY CO P 2009-09-01 2010-01-06
c 699 SHARES OF CAMECO CORP P 2009-10-21 2010-01-19
d 773 SHARES OF NOKIA CORP-SP ADR A P 2009-04-22 2010-01-19
e 16 SHARES OF GENZYME GENL DIVISION P 2009-10-06 2010-02-02
567 SHARES OF KELLOGG CO P 2009-04-14 2010-02-02
463 SHARES OF GENERAL MILLS INC P 2009-04-14 2010-02-09
15 SHARES OF HOME DEPOT P 2009-04-06 2010-02-16
1319 SHARES OF ELECTRONIC ARTS INC P 2009-09-01 2010-02-24
431 SHARES OF ELECTRONIC ARTS INC P 2010-01-06 2010-02-24
60 SHARES OF MILLIPORE CORP P 2009-04-06 2010-02-24
403 SHARES OF MILLIPORE CORP P 2009-09-22 2010-02-24
390 SHARES OF MICROSOFT CORP P 2009-04-06 2010-02-24
439 SHARES OF MICROSOFT CORP P 2009-04-22 2010-02-24
87 SHARES OF PALL CORP P 2009-09-29 2010-02-24
72 SHARES OF SOUTHWEST AIRLINES P 2009-06-02 2010-03-02
250 SHARES OF SAFEWAY INC P 2009-12-15 2010-03-02
342 SHARES OF PALL CORP P 2009-09-29 2010-03-09
718 SHARES OF PAYCHEX INC P 2009-07-28 2010-03-23
138 SHARES OF PAYCHEX INC P 2010-02-24 2010-03-23
432 SHARES OF UNILEVER PLC SPONS ADR P 2010-02-24 2010-04-06
109 SHARES OF WEYERHAUSER P 2010-02-24 2010-04-13
368 SHARES OF NOKIA CORP-SP ADR A P 2009-04-22 2010-04-20
1840 SHARES OF NOKIA CORP-SP ADR A P 2009-11-10 2010-04-20
50 SHARES OF QUEST DIAGNOSTICS INC COM P 2010-02-24 2010-04-20
527 SHARES OF DEAN FOODS INC P 2009-05-19 2010-05-18
603 SHARES OF DEAN FOODS INC P 2009-11-10 2010-05-18
477 SHARES OF DEAN FOODS INC P 2010-03-02 2010-05-18
483 SHARES OF THE WALT DISNEY CO P 2009-09-01 2010-05-18
232 SHARES OF THE WALT DISNEY CO P 2010-02-24 2010-05-18
91 SHARES OF DICKS SPORTING GOODS INC P 2010-02-24 2010-05-18
344 SHARES OF FEDERATED INVESTORS INC CL B P 2010-02-02 2010-05-25
498 SHARES OF JOHNSON & JOHNSON P 2010-02-02 2010-05-25
90 SHARES OF JOHNSON & JOHNSON P 2010-02-24 2010-05-25
1458 SHARES OF PAYCHEX INC P 2009-06-30 2010-05-25
135 SHARES OF PAYCHEX INC P 2009-07-28 2010-05-25
892 SHARES OF PAYCHEX INC P 2010-05-18 2010-05-25
87 SHARES OF CARNIVAL CORP P 2010-02-24 2010-06-01
152 SHARES OF SHERWIN WILLIAMS CO P 2010-01-06 2010-06-01
302 SHARES OF HEARTLAND EXPRESS INC P 2010-03-02 2010-06-09
182 SHARES OF SAP AG SPON ADR P 2010-01-06 2010-07-20
125 SHARES OF SAP AG SPON ADR P 2010-02-24 2010-07-20
536 SHARES OF GENZYME GENL DIVISION P 2009-10-06 2010-07-27
60 SHARES OF GENZYME GENL DIVISION P 2010-02-24 2010-07-27
29 SHARES OF GENZYME GENL DIVISION P 2010-05-25 2010-07-27
268 SHARES OF GENZYME GENL DIVISION P 2010-01-06 2010-08-10
284 SHARES OF GENZYME GENL DIVISION P 2010-05-25 2010-08-10
53 SHARES OF GOOGLE INC CL A P 2010-01-26 2010-08-10
314 SHARES OF EMC CORPORATION P 2010-02-24 2010-08-25
410 SHARES OF ALERE INC P 2010-05-05 2010-08-31
484 SHARES OF BANK NEW YORK MELLON CORP P 2009-09-22 2010-08-31
168 SHARES OF BAXTER INTL P 2010-07-13 2010-08-31
166 SHARES OF BECTON DICKINSON & CO P 2010-04-20 2010-08-31
40 SHARES OF BOEING CO P 2009-12-22 2010-08-31
84 SHARES OF BOEING CO P 2010-05-25 2010-08-31
1054 SHARES OF BOSTON SCIENTIFIC P 2010-02-24 2010-08-31
119 SHARES OF CERNER CORP P 2010-07-06 2010-08-31
55 SHARES OF CISCO SYSTEMS INC P 2010-02-02 2010-08-31
87 SHARES OF CISCO SYSTEMS INC P 2010-02-24 2010-08-31
147 SHARES OF COCA COLA CO P 2010-06-09 2010-08-31
185 SHARES OF DISCOVERY COMMUNICATIONS NEW COM SER A P 2010-05-05 2010-08-31
31 SHARES OF FEDEX CORP P 2010-06-29 2010-08-31
150 SHARES OF GEN-PROBE INC P 2009-12-02 2010-08-31
25 SHARES OF GOOGLE INC CL A P 2010-01-26 2010-08-31
17 SHARES OF GOOGLE INC CL A P 2010-02-24 2010-08-31
177 SHARES OF HESS CORPORATION P 2009-09-15 2010-08-31
54 SHARES OF HESS CORPORATION P 2010-02-24 2010-08-31
223 SHARES OF MANPOWERGROUP INC P 2010-05-11 2010-08-31
51 SHARES OF MARTIN MARIETTA MATERIALS P 2010-04-13 2010-08-31
20 SHARES OF MASTERCARD INC CL A P 2010-06-09 2010-08-31
192 SHARES OF MONSANTO CO P 2009-09-15 2010-08-31
119 SHARES OF NORFOLK SOUTHERN CORP P 2010-07-13 2010-08-31
228 SHARES OF OWENS ILLINOIS INC P 2010-05-25 2010-08-31
237 SHARES OF PALL CORP P 2010-05-18 2010-08-31
124 SHARES OF PEPSICO INC P 2010-07-13 2010-08-31
183 SHARES OF PROGRESSIVE CORP OHIO P 2009-09-15 2010-08-31
414 SHARES OF PROGRESSIVE CORP OHIO P 2010-02-24 2010-08-31
218 SHARES OF QUALCOMM INC P 2010-04-13 2010-08-31
360 SHARES OF QUANTA SERVICES INC P 2010-08-25 2010-08-31
237 SHARES OF SAFEWAY INC P 2009-12-15 2010-08-31
140 SHARES OF SCHLUMBERGER LTD P 2009-11-24 2010-08-31
515 SHARES OF SCHWAB (CHAS) CORP P 2010-08-17 2010-08-31
270 SHARES OF THE KROGER CO P 2009-12-08 2010-08-31
25 SHARES OF THERMO FISHER SCIENTIFIC INC P 2010-02-24 2010-08-31
277 SHARES OF TIME WARNER INC P 2010-03-09 2010-08-31
235 SHARES OF VIRGIN MEDIA INC COM P 2010-06-29 2010-08-31
56 SHARES OF VISA INC CL A P 2010-08-10 2010-08-31
30 SHARES OF WASHINGTON POST CL B P 2010-05-05 2010-08-31
65 SHARES OF WASTE MANAGEMENT INC P 2009-10-27 2010-08-31
143 SHARES OF WASTE MANAGEMENT INC P 2010-02-24 2010-08-31
635 SHARES OF WESTERN UNION CO P 2010-02-16 2010-08-31
155 SHARES OF ACCENTURE PLC P 2010-01-12 2010-08-31
337 SHARES OF CAMECO CORP P 2009-10-21 2010-08-31
233 SHARES OF RYANAIR HOLDINGS PLC ADR P 2010-02-02 2010-08-31
254 SHARES OF CISCO SYSTEMS INC P 2010-02-02 2010-10-05
1 SHARES OF GOOGLE INC CL A P 2010-02-24 2010-10-12
59 SHARES OF GOOGLE INC CL A P 2010-05-25 2010-10-12
319 SHARES OF AMPHENOL CORP CL A P 2010-09-28 2010-10-19
1047 SHARES OF BAXTER INTL P 2010-07-13 2010-10-26
139 SHARES OF CERNER CORP P 2010-07-06 2010-10-26
136 SHARES OF MANPOWERGROUP INC P 2010-05-11 2010-11-02
394 SHARES OF MANPOWERGROUP INC P 2010-05-18 2010-11-02
254 SHARES OF MANPOWERGROUP INC P 2010-06-01 2010-11-02
541 SHARES OF VIRGIN MEDIA INC COM P 2010-06-29 2010-12-14
41 SHARES OF MONSANTO CO P 2010-02-24 2010-12-22
228 SHARES OF PALL CORP P 2010-05-18 2010-12-22
4810 SHARES OF SPDR MSCI ACWI EX US P 2007-12-06 2010-08-31
816 SHARES OF SPDR MSCI ACWI EX US P 2007-12-19 2010-08-31
683 SHARES OF SPDR MSCI ACWI EX US P 2007-12-20 2010-08-31
810 SHARES OF SPDR MSCI ACWI EX US P 2008-06-16 2010-08-31
582 SHARES OF SOUTHWEST AIRLINES P 2008-10-15 2010-01-06
325 SHARES OF SOUTHWEST AIRLINES P 2008-11-19 2010-01-06
164 SHARES OF MONSANTO CO P 2008-10-15 2010-01-06
2071 SHARES OF NOKIA CORP-SP ADR A P 2008-10-21 2010-01-19
698 SHARES OF PERKINELMER INC P 2008-08-06 2010-01-19
61 SHARES OF PERKINELMER INC P 2008-10-08 2010-01-19
5 SHARES OF GENZYME GENL DIVISION P 2005-05-31 2010-02-02
10 SHARES OF GENZYME GENL DIVISION P 2006-02-13 2010-02-02
15 SHARES OF GENZYME GENL DIVISION P 2006-06-02 2010-02-02
20 SHARES OF GENZYME GENL DIVISION P 2006-08-28 2010-02-02
5 SHARES OF GENZYME GENL DIVISION P 2007-03-12 2010-02-02
119 SHARES OF GENZYME GENL DIVISION P 2008-08-06 2010-02-02
232 SHARES OF INTL GAME TECHNOLOGY P 2008-08-06 2010-02-02
291 SHARES OF MICROSOFT CORP P 2008-08-06 2010-02-02
813 SHARES OF HOME DEPOT P 2008-08-06 2010-02-16
1038 SHARES OF LOWES COS INC P 2008-08-06 2010-02-16
1290 SHARES OF NORDSTROM INC P 2009-02-03 2010-02-16
1252 SHARES OF ELECTRONIC ARTS INC P 2008-08-06 2010-02-24
723 SHARES OF ELECTRONIC ARTS INC P 2008-10-01 2010-02-24
1023 SHARES OF ELECTRONIC ARTS INC P 2008-11-19 2010-02-24
479 SHARES OF MILLIPORE CORP P 2008-08-06 2010-02-24
500 SHARES OF MICROSOFT CORP P 2005-04-04 2010-02-24
1134 SHARES OF MICROSOFT CORP P 2008-08-06 2010-02-24
70 SHARES OF CERNER CORP P 2008-12-03 2010-03-02
638 SHARES OF SOUTHWEST AIRLINES P 2008-11-19 2010-03-02
66 SHARES OF INTL GAME TECHNOLOGY P 2008-08-06 2010-03-23
195 SHARES OF FEDEX CORP P 2008-08-06 2010-03-30
445 SHARES OF UNILEVER PLC SPONS ADR P 2008-08-06 2010-04-06
309 SHARES OF WEYERHAUSER P 2008-11-18 2010-04-13
325 SHARES OF WEYERHAUSER P 2009-03-05 2010-04-13
1071 SHARES OF NOKIA CORP-SP ADR A P 2009-03-05 2010-04-20
191 SHARES OF QUEST DIAGNOSTICS INC COM P 2008-08-06 2010-04-20
696 SHARES OF WEYERHAUSER P 2009-03-05 2010-04-27
616 SHARES OF PERKINELMER INC P 2008-10-08 2010-05-05
1189 SHARES OF DEAN FOODS INC P 2008-08-06 2010-05-18
105 SHARES OF DEAN FOODS INC P 2009-04-06 2010-05-18
447 SHARES OF THE WALT DISNEY CO P 2008-10-08 2010-05-18
629 SHARES OF DICKS SPORTING GOODS INC P 2008-12-31 2010-05-18
1413 SHARES OF FEDERATED INVESTORS INC CL B P 2009-02-25 2010-05-25
115 SHARES OF JOHNSON & JOHNSON P 2007-06-21 2010-05-25
1666 SHARES OF CARNIVAL CORP P 2008-08-06 2010-06-01
783 SHARES OF HUNT (JB) TRANSPORTATION SVCS P 2008-10-08 2010-06-01
711 SHARES OF KNIGHT TRANSPORTATION INC P 2008-10-08 2010-06-01
187 SHARES OF SHERWIN WILLIAMS CO P 2009-04-22 2010-06-01
712 SHARES OF HEARTLAND EXPRESS INC P 2008-10-15 2010-06-09
800 SHARES OF QUEST DIAGNOSTICS INC COM P 2008-08-06 2010-06-15
156 SHARES OF SOUTHWEST AIRLINES P 2009-03-10 2010-06-15
1430 SHARES OF SOUTHWEST AIRLINES P 2009-06-02 2010-06-15
503 SHARES OF JOHNSON & JOHNSON P 2007-06-21 2010-06-15
195 SHARES OF JOHNSON & JOHNSON P 2009-04-06 2010-06-15
26 SHARES OF KLA-TENCOR CORPORATION P 2008-10-01 2010-06-22
587 SHARES OF KLA-TENCOR CORPORATION P 2009-02-17 2010-06-22
423 SHARES OF PERKINELMER INC P 2008-10-08 2010-07-06
443 SHARES OF PERKINELMER INC P 2008-11-19 2010-07-06
425 SHARES OF PERKINELMER INC P 2009-04-06 2010-07-06
946 SHARES OF THE WALT DISNEY CO P 2008-10-08 2010-07-06
1708 SHARES OF INTL GAME TECHNOLOGY P 2008-08-06 2010-07-13
45 SHARES OF INTL GAME TECHNOLOGY P 2009-04-06 2010-07-13
97 SHARES OF SAP AG SPON ADR P 2008-08-06 2010-07-20
866 SHARES OF SAP AG SPON ADR P 2008-10-15 2010-07-20
80 SHARES OF SAP AG SPON ADR P 2009-04-06 2010-07-20
608 SHARES OF AMERICAN TOWER CORP CL A P 2009-06-30 2010-07-20
195 SHARES OF GENZYME GENL DIVISION P 2005-04-04 2010-07-27
452 SHARES OF EMC CORPORATION P 2008-08-06 2010-08-25
611 SHARES OF EMC CORPORATION P 2008-10-21 2010-08-25
662 SHARES OF EMC CORPORATION P 2009-06-02 2010-08-25
213 SHARES OF AMER EXPRESS CO P 2008-11-19 2010-08-31
313 SHARES OF AUTODESK INC P 2008-08-06 2010-08-31
198 SHARES OF AUTOMATIC DATA PROCESSING INC P 2008-08-06 2010-08-31
177 SHARES OF BAKER HUGHES INC P 2008-08-06 2010-08-31
536 SHARES OF CISCO SYSTEMS INC P 2008-08-06 2010-08-31
165 SHARES OF CROWN CASTLE INTL CORP P 2009-07-28 2010-08-31
186 SHARES OF DICKS SPORTING GOODS INC P 2008-12-31 2010-08-31
429 SHARES OF EMC CORPORATION P 2008-10-21 2010-08-31
79 SHARES OF FEDEX CORP P 2008-08-06 2010-08-31
106 SHARES OF GENERAL MILLS INC P 2009-04-14 2010-08-31
141 SHARES OF JUNIPER NETWORKS INC P 2008-08-06 2010-08-31
71 SHARES OF KELLOGG CO P 2009-04-14 2010-08-31
110 SHARES OF MONSANTO CO P 2008-10-15 2010-08-31
123 SHARES OF NORTHERN TRUST CORP P 2009-05-26 2010-08-31
52 SHARES OF SHERWIN WILLIAMS CO P 2009-04-22 2010-08-31
389 SHARES OF SOUTHWEST AIRLINES P 2009-03-05 2010-08-31
416 SHARES OF SOUTHWEST AIRLINES P 2009-03-10 2010-08-31
235 SHARES OF THE WALT DISNEY CO P 2008-10-08 2010-08-31
140 SHARES OF THERMO FISHER SCIENTIFIC INC P 2009-04-06 2010-08-31
210 SHARES OF UNITED PARCEL SERVICE CLASS B P 2008-08-06 2010-08-31
235 SHARES OF NESTLE SA SPONS ADR P 2009-06-16 2010-08-31
291 SHARES OF UNILEVER PLC SPONS ADR P 2008-08-06 2010-08-31
502 SHARES OF WEATHERFORD INTL LTD P 2008-08-06 2010-08-31
779 SHARES OF CROWN CASTLE INTL CORP P 2009-07-14 2010-09-28
251 SHARES OF CROWN CASTLE INTL CORP P 2009-07-28 2010-09-28
503 SHARES OF NESTLE SA SPONS ADR P 2009-06-16 2010-10-05
376 SHARES OF CISCO SYSTEMS INC P 2009-04-28 2010-10-05
976 SHARES OF SOUTHWEST AIRLINES P 2009-03-05 2010-10-26
13 SHARES OF THERMO FISHER SCIENTIFIC INC P 2008-12-03 2010-11-02
174 SHARES OF THERMO FISHER SCIENTIFIC INC P 2009-03-03 2010-11-02
75 SHARES OF THERMO FISHER SCIENTIFIC INC P 2009-04-06 2010-11-02
293 SHARES OF MONSANTO CO P 2009-09-15 2010-12-22
526 SHARES OF PALL CORP P 2009-09-29 2010-12-22
(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 12,340   8,575 3,765
b 9,857   7,970 1,887
c 21,359   21,636 -277
d 10,155   11,309 -1,154
e 887   910 -23
31,093   22,308 8,785
32,253   22,937 9,316
438   372 66
21,615   23,702 -2,087
7,063   8,028 -965
5,484   3,494 1,990
36,833   28,611 8,222
11,103   7,263 3,840
12,498   8,303 4,195
3,358   2,872 486
911   513 398
6,217   5,341 876
13,968   11,288 2,680
23,347   19,174 4,173
4,487   4,212 275
12,822   12,967 -145
4,980   4,499 481
5,562   5,384 178
27,810   24,569 3,241
2,979   2,854 125
5,284   10,017 -4,733
6,046   10,192 -4,146
4,783   7,026 -2,243
16,370   12,457 3,913
7,863   7,236 627
2,452   2,194 258
7,659   9,052 -1,393
29,782   31,864 -2,082
5,382   5,734 -352
41,799   37,091 4,708
3,870   3,605 265
25,572   26,902 -1,330
3,136   3,040 96
11,699   9,135 2,564
4,441   4,678 -237
8,674   8,634 40
5,957   5,550 407
36,177   30,470 5,707
4,050   3,384 666
1,957   1,476 481
17,995   12,993 5,002
19,069   14,451 4,618
26,498   28,812 -2,314
5,624   5,482 142
11,576   15,919 -4,343
11,713   14,370 -2,657
7,204   7,431 -227
11,411   13,229 -1,818
2,462   2,214 248
5,169   5,234 -65
5,502   8,293 -2,791
8,769   9,341 -572
1,107   1,267 -160
1,751   2,119 -368
8,210   7,578 632
6,991   7,006 -15
2,423   2,210 213
6,775   6,334 441
11,289   13,591 -2,302
7,677   9,126 -1,449
8,884   9,604 -720
2,711   3,207 -496
9,614   11,629 -2,015
3,745   4,433 -688
4,008   3,930 78
10,036   15,373 -5,337
6,432   6,603 -171
5,787   6,475 -688
8,154   8,661 -507
7,961   7,921 40
3,623   3,107 516
8,197   7,142 1,055
8,339   9,169 -830
6,462   6,520 -58
4,482   5,063 -581
7,479   9,171 -1,692
6,525   7,472 -947
5,354   5,418 -64
1,051   1,230 -179
8,270   8,493 -223
4,850   3,966 884
3,869   4,187 -318
11,038   14,996 -3,958
2,153   2,022 131
4,738   4,682 56
10,026   10,494 -468
5,681   6,711 -1,030
8,202   10,431 -2,229
6,598   6,422 176
5,534   5,850 -316
543   537 6
32,009   27,991 4,018
15,499   15,565 -66
53,375   46,312 7,063
12,052   10,911 1,141
7,711   7,092 619
22,339   19,688 2,651
14,401   11,304 3,097
14,241   9,129 5,112
2,722   3,078 -356
11,392   8,332 3,060
137,540   208,273 -70,733
23,333   33,575 -10,242
19,530   28,170 -8,640
23,162   31,505 -8,343
6,713   7,302 -589
3,749   3,143 606
13,658   13,367 291
27,207   35,726 -8,519
14,650   20,321 -5,671
1,280   1,428 -148
277   312 -35
554   672 -118
831   936 -105
1,108   1,324 -216
277   302 -25
6,594   9,373 -2,779
4,399   5,238 -839
8,253   7,816 437
23,752   20,150 3,602
23,381   22,068 1,313
45,141   17,284 27,857
20,517   56,401 -35,884
11,848   26,073 -14,225
16,764   18,883 -2,119
43,779   33,647 10,132
14,235   12,040 2,195
32,285   30,456 1,829
5,883   2,339 3,544
8,076   6,170 1,906
1,172   1,490 -318
18,122   16,161 1,961
13,208   12,583 625
14,118   9,656 4,462
14,849   6,328 8,521
16,187   9,761 6,426
11,379   10,325 1,054
35,823   13,551 22,272
14,807   14,424 383
11,922   25,275 -13,353
1,053   1,997 -944
15,150   11,507 3,643
16,951   8,529 8,422
31,460   29,633 1,827
6,877   7,146 -269
60,058   66,415 -6,357
26,404   20,828 5,576
13,882   10,903 2,979
14,392   10,720 3,672
10,471   10,565 -94
42,840   43,245 -405
1,901   830 1,071
17,427   10,196 7,231
29,682   31,256 -1,574
11,507   10,131 1,376
798   810 -12
18,027   10,779 7,248
8,221   9,905 -1,684
8,609   7,500 1,109
8,259   5,701 2,558
29,862   24,353 5,509
27,551   38,559 -11,008
726   524 202
4,623   5,685 -1,062
41,271   31,301 9,970
3,813   2,969 844
28,249   19,214 9,035
13,161   10,908 2,253
8,095   6,582 1,513
10,943   5,982 4,961
11,856   8,586 3,270
8,520   4,129 4,391
8,717   10,690 -1,973
7,722   8,754 -1,032
6,653   14,104 -7,451
10,790   12,923 -2,133
6,771   4,506 2,265
4,602   2,522 2,080
7,799   4,200 3,599
6,175   6,547 -372
3,817   2,626 1,191
3,859   3,712 147
3,538   2,793 745
5,750   8,966 -3,216
5,680   6,715 -1,035
3,623   2,981 642
4,306   1,984 2,322
4,605   2,213 2,392
7,668   6,050 1,618
5,886   5,072 814
13,393   13,475 -82
12,126   8,441 3,685
7,729   8,228 -499
7,424   18,504 -11,080
33,803   18,949 14,854
10,892   6,855 4,037
27,212   18,068 9,144
8,191   7,042 1,149
13,211   4,977 8,234
667   426 241
8,928   6,183 2,745
3,848   2,717 1,131
19,450   23,460 -4,010
26,282   17,362 8,920
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       3,765
b       1,887
c       -277
d       -1,154
e       -23
      8,785
      9,316
      66
      -2,087
      -965
      1,990
      8,222
      3,840
      4,195
      486
      398
      876
      2,680
      4,173
      275
      -145
      481
      178
      3,241
      125
      -4,733
      -4,146
      -2,243
      3,913
      627
      258
      -1,393
      -2,082
      -352
      4,708
      265
      -1,330
      96
      2,564
      -237
      40
      407
      5,707
      666
      481
      5,002
      4,618
      -2,314
      142
      -4,343
      -2,657
      -227
      -1,818
      248
      -65
      -2,791
      -572
      -160
      -368
      632
      -15
      213
      441
      -2,302
      -1,449
      -720
      -496
      -2,015
      -688
      78
      -5,337
      -171
      -688
      -507
      40
      516
      1,055
      -830
      -58
      -581
      -1,692
      -947
      -64
      -179
      -223
      884
      -318
      -3,958
      131
      56
      -468
      -1,030
      -2,229
      176
      -316
      6
      4,018
      -66
      7,063
      1,141
      619
      2,651
      3,097
      5,112
      -356
      3,060
      -70,733
      -10,242
      -8,640
      -8,343
      -589
      606
      291
      -8,519
      -5,671
      -148
      -35
      -118
      -105
      -216
      -25
      -2,779
      -839
      437
      3,602
      1,313
      27,857
      -35,884
      -14,225
      -2,119
      10,132
      2,195
      1,829
      3,544
      1,906
      -318
      1,961
      625
      4,462
      8,521
      6,426
      1,054
      22,272
      383
      -13,353
      -944
      3,643
      8,422
      1,827
      -269
      -6,357
      5,576
      2,979
      3,672
      -94
      -405
      1,071
      7,231
      -1,574
      1,376
      -12
      7,248
      -1,684
      1,109
      2,558
      5,509
      -11,008
      202
      -1,062
      9,970
      844
      9,035
      2,253
      1,513
      4,961
      3,270
      4,391
      -1,973
      -1,032
      -7,451
      -2,133
      2,265
      2,080
      3,599
      -372
      1,191
      147
      745
      -3,216
      -1,035
      642
      2,322
      2,392
      1,618
      814
      -82
      3,685
      -499
      -11,080
      14,854
      4,037
      9,144
      1,149
      8,234
      241
      2,745
      1,131
      -4,010
      8,920
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 72,363
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 245,418 4,299,093 0.057086
2008 297,156 4,573,659 0.064971
2007 286,802 5,262,979 0.054494
2006 269,845 4,914,397 0.054909
2005 248,158 4,704,584 0.052748
2 Total of line 1, column (d) ...................... 2 0.284208
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 0.056842
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 4,900,105
5 Multiply line 4 by line 3....................... 5 278,532
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,275
7 Add lines 5 and 6......................... 7 279,807
8 Enter qualifying distributions from Part XII, line 4.............. 8 304,250
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 1,275
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 1,275
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 1,275
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 283
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.............. 7 283
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 7
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 999
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)bulletIL
    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 ofbulletMARLOWE D HOLSTRUM TRUSTEE Telephone no.bullet (815) 316-0035
    Located atbulletPO BOX 7327ROCKFORDIL ZIP+4bullet611267327
    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
    BRUCE T ATWOOD TRUSTEE
    1.00     		0 0 0
    PO BOX 7327
    ROCKFORD,IL61126
    DIANE P ATWOOD TRUSTEE
    1.00     		0 0 0
    PO BOX 7327
    ROCKFORD,IL61126
    SETH L ATWOOD TRUSTEE
    1.00     		0 0 0
    PO BOX 7327
    ROCKFORD,IL61126
    MARLOWE D HOLSTRUM TRUSTEE
    1.00     		0 0 0
    PO BOX 7327
    ROCKFORD,IL61126
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................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
    3,996,560
    b
    Average of monthly cash balances.......................
    1b
    978,166
    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
    4,974,726
    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
    4,974,726
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    74,621
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,900,105
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    245,005
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    245,005
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    1,275
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,275
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    243,730
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    243,730
    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
    243,730
    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
    304,250
    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
    304,250
    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
    1,275
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    302,975
    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 7 243,730
    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.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008....... 6,430
    e From 2009....... 31,657
    fTotal of lines 3a through e......... 38,087
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 304,250
    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..... 243,730
    e Remaining amount distributed out of corpus 60,520
    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 98,607
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		0
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		0
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		0
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		98,607
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008.... 6,430
    d Excess from 2009.... 31,657
    e Excess from 2010.... 60,520
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2010 (b) 2009 (c) 2008 (d) 2007
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    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)
    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
    BARBARA OLSON CENTER OF HOPE
    3206 N CENTRAL AVENUE
    ROCKFORD,IL611011756     		NONE PUBLIC CHARITY EDUCATION 2,000
    BELOIT COLLEGE
    700 COLLEGE STREET
    BELOIT,WI53511     		NONE PUBLIC CHARITY EDUCATION 10,000
    BOYS AND GIRLS CLUB OF ROCKFORD
    635 RANGER STREET
    ROCKFORD,IL61109     		NONE PUBLIC CHARITY UNRESTRICTED 10,000
    CHOATE ROSEMARY HALL
    333 CHRISTIAN STREET
    WALLINGFORD,CT06492     		NONE PUBLIC CHARITY EDUCATION 1,000
    HOWARD CENTER
    934 N MAIN STREET
    ROCKFORD,IL611037061     		NONE PUBLIC CHARITY EDUCATION 2,000
    KEITH SCHOOL
    1 JACOBY PLACE
    ROCKFORD,IL61107     		NONE PUBLIC CHARITY EDUCATION 10,000
    RAMP INC
    202 MARKET STREET
    ROCKFORD,IL61107     		NONE PUBLIC CHARITY EDUCATION 1,000
    ROCKFORD PARK DISTRICT FOUNDATION
    401 S MAIN STREET
    ROCKFORD,IL61101     		NONE PUBLIC CHARITY UNRESTRICTED/ATWOOD OUTDOOR EDUCATION CENTER 28,000
    SALVATION ARMY LAS VEGAS NV
    PO BOX 28369
    LAS VEGAS,NV891262369     		NONE PUBLIC CHARITY EDUCATION 1,000
    THE ORME SCHOOL OF ARIZONA
    HC 63 BOX 3040
    ORME,AZ86333     		NONE PUBLIC CHARITY FIRE EQUIPMENT 15,000
    THE ORME SCHOOL OF ARIZONA
    HC 63 BOX 3040
    ORME,AZ86333     		NONE PUBLIC CHARITY UNRESTRICTED 15,000
    THE ORME SCHOOL OF ARIZONA
    HC 63 BOX 3040
    ORME,AZ86333     		NONE PUBLIC CHARITY EDUCATION 10,000
    UNITED FOR YOUTH
    10101 SNOW CREST PL
    LAS VEGAS,NV891342533     		NONE PUBLIC CHARITY BOY SCOUT/GIRL SCOUT CAMPAIGN 10,000
    UNIVERSITY OF CHICAGO
    1170 EAST 58TH STREET
    CHICAGO,IL60637     		NONE PUBLIC CHARITY NEW HOSPITAL PAVILION 50,000
    ROCKFORD SCHOOL DISTRICT
    201 S MADISON STREET
    ROCKFORD,IL61104     		NONE PUBLIC CHARITY EDUCATION 10,000
    ROCKFORD CEMETERY ASSOCATION
    1011 AUBURN STREET
    ROCKFORD,IL611034700     		NONE PUBLIC CHARITY GREENWOOD CEMETERY 15,000
    ROCK VALLEY COLLEGE
    3301 N MULFORD ROAD
    ROCKFORD,IL611145699     		NONE PUBLIC CHARITY UNRESTRICTED 10,000
    ROCKFORD COLLEGE
    5050 E STATE STREET
    ROCKFORD,IL61108     		NONE PUBLIC CHARITY J.T & S.B. ATWOOD SCHOLARSHIP FUND 5,000
    WESLEY WILLOWS
    4141 NORTH ROCKTON AVENUE
    ROCKFORD,IL61103     		NONE PUBLIC CHARITY UNRESTRICTED 5,000
    CATHOLIC CHARITIES OF SOUTHERN NEVADA
    1501 LAS VEGAS BOULEVARD NORTH
    LAS VEGAS,NV89101     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    LEND A HAND
    400 UTAH STREET
    BOULDER CITY,NY89005     		NONE PUBLIC CHARITY UNRESTRICTED 2,000
    TEMPORARY ASSISTANCE FOR DOMESTIC CRISES
    2915 W CHARLESTON BLVD
    LAS VEGAS,NV89102     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    REGIS UNIVERSITY
    3333 REGIS BOULEVARD
    DENVER,CO802211099     		NONE PUBLIC CHARITY UNRESTRICTED 500
    NORTHWEST COMMUNITY CENTER
    1325 N JOHNSTON AVENUE
    ROCKFORD,IL61108     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    INSTITUTE FOR JUSTICE
    901 N GLEBE ROAD SUITE 900
    ARLINGTON,VA22203     		NONE PUBLIC CHARITY UNRESTRICTED 9,500
    NATIONAL WILDLIFE TURKEY FEDERATION
    PO BOX 530
    EDGEFIELD,SC298240530     		NONE PUBLIC CHARITY UNRESTRICTED 250
    DUCKS UNLIMITED
    ONE WATERFOWL WAY
    MEMPHIS,TN38120     		NONE PUBLIC CHARITY UNRESTRICTED 250
    WHITETAILS UNLIMITED
    PO BOX 720 2100 MICHIGAN STREET
    STURGEON BAY,WI54235     		NONE PUBLIC CHARITY UNRESTRICTED 250
    PHEASANTS FOREVER
    1783 BUERKLE CIRCLE
    ST PAUL,MN55110     		NONE PUBLIC CHARITY UNRESTRICTED 250
    INTERNATIONAL SOCIETY FOR INDIVIDUAL LIBERTY
    835 W WARNER ROAD SUITE 101-617
    GILBERT,AZ85233     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    UNIVERSITY OF NEVADA RENO FOUNDATION
    UNIVERSITY OF NEVADA RENO MAIL STOP
    0007
    RENO,NV895570007     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    NORTHWEST FIRE PROTECTION
    3222 N CENTRAL AVENUE
    ROCKFORD,IL61101     		NONE PUBLIC CHARITY UNRESTRICTED 5,000
    CHAMINADE UNIVERSITY
    3140 WAIALAE AVENUE
    HONOLULU,HI968161578     		NONE PUBLIC CHARITY UNRESTRICTED 1,000
    ST JAMES CATHOLIC CHURCH
    1920 N MARTIN LUTHER KING BLVD
    LAS VEGAS,NV89106     		NONE PUBLIC CHARITY EDWARD HUMPAL MEMORIAL 500
    INDEPENDENT INSTITUTE
    100 SWAN WAY
    OAKLAND,CA946211428     		NONE PUBLIC CHARITY SETH G. ATWOOD MEMORIAL 10,000
    CEDAR LAKES CONSERVATION FOUNDATION
    PO BOX 347
    WEST BEND,WI53095     		NONE PUBLIC CHARITY UNRESTRICTED 20,000
    SCHOOL YEAR ABROAD
    439 SOUTH UNION STREET
    LAWRENCE,MA01843     		NONE PUBLIC CHARITY CAMPAIGN FOR SPAIN 35,000
    NEVADA HUMANE SOCIETY
    2825 LONGLEY LANE SUITE B
    RENO,NV895025942     		NONE PUBLIC CHARITY UNRESTRICTED 500
    Total .................................bullet 3a 300,000
    bApproved for future payment
    Total ..................................bullet 3b 0
    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     14 107  
    4 Dividends and interest from securities....     14 75,134  
    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 72,363  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 147,604 0
    13Total. Add line 12, columns (b), (d), and (e)...................
    13147,604
    (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 InvestmentsCorpStockSchedule
    Name:
    ATWOOD FOUNDATION
    EIN: 36-6108602
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCK 3,736,856 4,575,576

    TY 2010 OtherExpensesSchedule
    Name:
    ATWOOD FOUNDATION
    EIN: 36-6108602
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ILLINOIS CHARITY BUREAU 115 0   115


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    ATWOOD FOUNDATION
    EIN: 36-6108602
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PITCAIRN TRUST COMPANY 20,902 17,767   3,135


    TY 2010 TaxesSchedule
    Name:
    ATWOOD FOUNDATION
    EIN: 36-6108602
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 2,371 2,371   0
    FEDERAL EXCISE TAX 1,000 0   1,000