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
W PAUL MILLS & THORA J MILLS MEMORIAL
FOUNDATION 14079-00

Number and street (or P.O. box number if mail is not delivered to street address)FIRSTMERIT BANK 106 S MAIN ST16THFLRoom/suite
City or town, state, and ZIP code
AKRON, OH44308
A Employer identification number

37-1432256
B Telephone number (see page 10 of the instructions)

(330) 384-7301
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$1,367,351
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 36,070 36,070  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -21,585
b Gross sales price for all assets on line 6a 531,308
7 Capital gain net income (from Part IV, line 2)... 0
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)....... 57 57  
12 Total. Add lines 1 through 11........ 14,542 36,127  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 21,154 21,154   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 1,138 1,138   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions)        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 609 0   609
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 22,901 22,292   609
25 Contributions, gifts, grants paid........ 62,000 62,000
26 Total expenses and disbursements. Add lines 24 and 25 84,901 22,292   62,609
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -70,359
b Net investment income (if negative, enter -0-) 13,835
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.......... 11,072 67,754 67,754
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) 332,188 Click to see attachment281,696 288,453
b Investments—corporate stock (attach schedule)........ 793,765 Click to see attachment724,408 877,789
c Investments—corporate bonds (attach schedule)........ 132,257 Click to see attachment125,065 133,355
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) 1,269,282 1,198,923 1,367,351
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......... 1,269,282 1,198,923
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).................... 1,269,282 1,198,923
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 1,269,282 1,198,923
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 1,269,282
2 Enter amount from Part I, line 27a...................... 2 -70,359
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 1,198,923
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 1,198,923
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 70 SHS CHARLES SCHWAB CORP P 2008-08-01 2010-01-15
b 10 SHS CHARLES SCHWAB CORP P 2009-06-29 2010-01-15
c 362 SHS CHARLES SCHWAB CORP P 2006-10-12 2010-01-15
d 30 SHS ABBOTT LABS P 2009-06-29 2010-02-11
e 10 SHS APPLE INC P 2007-11-29 2010-02-11
55 SHS BAXTER INTL INC P 2009-06-29 2010-02-11
5 SHS BAXTER INTL INC P 2006-08-17 2010-02-11
70 SHS DISNEY WALT CO NEW P 2007-11-21 2010-02-11
10 SHS EMERSON ELEC CO P 2009-06-29 2010-02-11
20 SHS EMERSON ELEC CO P 2003-05-12 2010-02-11
10 SHS GENERAL ELECTRIC CORP P 2001-07-12 2010-02-11
20 SHS HEWLETT PACKARD CO P 2009-09-01 2010-02-11
70 SHS INTEL CORP P 2008-05-20 2010-02-11
10 SHS MCDONALDS CORP P 2008-08-01 2010-02-11
10 SHS HOME DEPOT INC P 2009-06-29 2010-02-11
10 SHS UNITED TECHNOLOGIES CORP P 2009-06-15 2010-02-11
10 SHS ECOLAB INC P 2009-06-29 2010-02-11
10 SHS ECOLAB INC P 2009-04-17 2010-02-11
30 SHS MICROSOFT CORP P 2009-07-24 2010-02-11
35 SHS CISCO SYSTEMS INC P 2009-06-29 2010-02-11
45 SHS CISCO SYSTEMS INC P 2002-08-15 2010-02-11
20 SHS NIKE INC-CLASS B P 2009-06-29 2010-02-11
20 SHS WELLS FARGO & CO P 2009-07-14 2010-02-11
10 SHS GILEAD SCIENCES INC P 2007-08-24 2010-02-11
10 SHS VERIZON COMMUNICATIONS P 2006-12-12 2010-02-11
10 SHS FLUOR CORP NEW P 2009-10-09 2010-02-11
30 SHS XTO ENERGY INC P 2008-05-19 2010-02-11
340 SHS ISHARES MSCI EAFE INDEX FUND P 2008-07-01 2010-02-11
90 SHS ISHARES S&P SMALLCAP 600 P 2008-08-01 2010-02-11
140 SHS ISHARES RUSSELL MIDCAP INDEX FUND P 2008-07-01 2010-02-11
30 SHS CAMERON INTERNATIONAL CORP P 2008-08-01 2010-02-11
5 SHS VANGUARD MSCI EMERGING MARKETS ETF P 2008-07-01 2010-02-11
135 SHS VANGUARD MSCI EMERGING MARKETS ETF P 2008-07-01 2010-02-11
30 SHS SPDR DJ WILSHIRE INTL REAL ESTATE P 2008-08-01 2010-02-11
45 SHS VANGUARD MATERIALS ETF P 2009-06-29 2010-02-11
155 SHS VANGUARD MATERIALS ETF P 2009-05-05 2010-02-11
20 SHS COVIDIEN PLC P 2009-02-02 2010-02-11
345 SHS DISNEY WALT CO NEW P 2007-11-21 2010-03-10
40 SHS DISNEY WALT CO NEW P 2009-06-29 2010-03-10
30 SHS VERIZON COMMUNICATIONS P 2008-08-01 2010-03-10
233 SHS VERIZON COMMUNICATIONS P 2006-12-12 2010-03-10
75 SHS XTO ENERGY INC P 2008-05-19 2010-03-10
50000 SHS FHLB 4.375% 3/17/10 P 2005-12-08 2010-03-17
40 SHS GOLDMAN SACHS GROUP INC P 2009-05-12 2010-04-22
35 SHS GOLDMAN SACHS GROUP INC P 2010-01-15 2010-04-22
10 SHS GOLDMAN SACHS GROUP INC P 2010-02-11 2010-04-22
202 SHS BAXTER INTL INC P 2006-08-17 2010-05-17
50000 SHS FFCB 3.375% 5/19/15 P 2009-05-27 2010-05-19
18 SHS XTO ENERGY INC P 2008-05-19 2010-05-26
40 SHS XTO ENERGY INC P 2008-08-01 2010-05-26
115 SHS XTO ENERGY INC P 2009-05-12 2010-05-26
35 SHS XTO ENERGY INC P 2009-06-29 2010-05-26
50 SHS THE VANGUARD GROUP INC ENERGY ETF P 2008-07-01 2010-05-26
70 SHS THE VANGUARD GROUP INC ENERGY ETF P 2008-08-01 2010-05-26
30 SHS THE VANGUARD GROUP INC ENERGY ETF P 2009-06-29 2010-05-26
10 SHS THE VANGUARD GROUP INC ENERGY ETF P 2010-02-11 2010-05-26
30 SHS APPLE INC P 2007-11-29 2010-06-18
80 SHS JOHNSON & JOHNSON P 2003-05-12 2010-06-18
15 SHS JOHNSON & JOHNSON P 2008-08-01 2010-06-18
20 SHS JOHNSON & JOHNSON P 2010-02-11 2010-06-18
280 SHS QUALCOMM INC P 2008-08-01 2010-06-18
5 SHS QUALCOMM INC P 2009-06-29 2010-06-18
221 SHS GILEAD SCIENCES INC P 2007-08-24 2010-06-18
50 SHS UNITED TECHNOLOGIES CORP P 2001-07-12 2010-07-02
75 SHS UNITED TECHNOLOGIES CORP P 2009-06-15 2010-07-02
70 SHS PRAXAIR INC P 2006-08-31 2010-07-02
20 SHS PRAXAIR INC P 2009-06-29 2010-07-02
20 SHS PRAXAIR INC P 2010-02-11 2010-07-02
10 SHS GOOGLE INC - CL A P 2006-06-15 2010-07-02
5 SHS GOOGLE INC - CL A P 2008-07-01 2010-07-02
5 SHS GOOGLE INC - CL A P 2009-06-29 2010-07-02
5 SHS GOOGLE INC - CL A P 2009-05-05 2010-07-02
85 SHS COVIDIEN PLC P 2009-02-02 2010-07-02
90 SHS COVIDIEN PLC P 2009-06-29 2010-07-02
127 SHS ECOLAB INC P 2009-04-17 2010-07-21
45 SHS CHEVRON CORPORATION P 2001-07-12 2010-07-21
40 SHS CHEVRON CORPORATION P 2009-06-29 2010-07-21
40 SHS CHEVRON CORPORATION P 2010-02-11 2010-07-21
6000 SHS BANC ONE CORP 10.000% 8/15/10 P 2001-07-12 2010-08-15
50000 SHS U.S. TREASURY NOTES 5.750% 8/15/10 P 2001-07-12 2010-08-15
255 SHS NUCOR CORP P 2009-09-01 2010-09-23
30 SHS NUCOR CORP P 2010-02-11 2010-09-23
140 SHS ISHARES MSCI EAFE INDEX FUND P 2010-06-18 2010-09-23
610 SHS ISHARES MSCI EAFE INDEX FUND P 2008-08-01 2010-09-23
170 SHS ISHARES MSCI EAFE INDEX FUND P 2008-07-01 2010-09-23
135 SHS ISHARES MSCI EAFE INDEX FUND P 2009-06-29 2010-09-23
20 SHS AUTOMATIC DATA PROCESSING INC P 2009-06-29 2010-09-30
297 SHS AUTOMATIC DATA PROCESSING INC P 2002-08-06 2010-09-30
265 SHS MEDTRONIC INC P 2010-03-10 2010-10-26
510 SHS WELLS FARGO & CO P 2009-07-14 2010-11-16
335 SHS JP MORGAN CHASE & CO P 2008-04-08 2010-11-16
50 SHS JP MORGAN CHASE & CO P 2008-08-01 2010-11-16
20 SHS JP MORGAN CHASE & CO P 2009-06-29 2010-11-16
30 SHS JP MORGAN CHASE & CO P 2010-02-11 2010-11-16
5 SHS NIKE INC-CLASS B P 2009-06-29 2010-12-09
75 SHS NIKE INC-CLASS B P 2009-05-12 2010-12-09
240 SHS RAYTHEON COMPANY P 2010-04-22 2010-12-09
CAPITAL GAINS DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable)
(g) Cost or other basis
plus expense of sale
(h) Gain or (loss)
(e) plus (f) minus (g)
a 1,322   1,565 -243
b 189   180 9
c 6,838   6,432 406
d 1,605   1,432 173
e 1,983   1,838 145
3,080   2,904 176
280   216 64
2,110   2,213 -103
462   335 127
923   492 431
156   463 -307
971   884 87
1,408   1,692 -284
637   606 31
289   240 49
664   547 117
417   392 25
417   376 41
844   698 146
835   668 167
1,074   653 421
1,260   1,039 221
540   487 53
469   370 99
290   355 -65
444   488 -44
1,365   2,049 -684
17,670   22,905 -5,235
4,761   5,543 -782
11,259   13,272 -2,013
1,212   1,438 -226
193   229 -36
5,204   6,148 -944
1,002   1,393 -391
2,864   2,382 482
9,864   8,313 1,551
990   765 225
11,487   10,907 580
1,332   954 378
891   1,040 -149
6,916   8,267 -1,351
3,551   5,122 -1,571
50,000   49,480 520
6,349   5,369 980
5,555   5,824 -269
1,587   1,539 48
8,721   8,709 12
50,000   49,960 40
761   1,229 -468
1,691   1,927 -236
4,862   4,849 13
1,480   1,338 142
3,812   6,473 -2,661
5,337   7,767 -2,430
2,287   2,118 169
762   810 -48
8,195   5,515 2,680
4,726   4,457 269
886   1,033 -147
1,182   1,261 -79
10,003   15,431 -5,428
179   231 -52
7,971   8,175 -204
3,209   1,835 1,374
4,813   4,099 714
5,367   4,019 1,348
1,533   1,452 81
1,533   1,525 8
4,385   3,911 474
2,193   2,672 -479
2,193   2,126 67
2,193   2,010 183
3,368   3,251 117
3,566   3,373 193
6,099   4,775 1,324
3,258   1,930 1,328
2,896   2,679 217
2,896   2,881 15
6,000   7,192 -1,192
50,000   51,797 -1,797
9,459   11,226 -1,767
1,113   1,228 -115
7,564   7,104 460
32,956   40,048 -7,092
9,184   11,452 -2,268
7,294   6,272 1,022
842   708 134
12,511   9,866 2,645
9,523   11,864 -2,341
13,775   12,428 1,347
13,162   15,157 -1,995
1,964   2,025 -61
786   693 93
1,179   1,170 9
438   260 178
6,566   3,815 2,751
11,009   14,263 -3,254
67     67
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       -243
b       9
c       406
d       173
e       145
      176
      64
      -103
      127
      431
      -307
      87
      -284
      31
      49
      117
      25
      41
      146
      167
      421
      221
      53
      99
      -65
      -44
      -684
      -5,235
      -782
      -2,013
      -226
      -36
      -944
      -391
      482
      1,551
      225
      580
      378
      -149
      -1,351
      -1,571
      520
      980
      -269
      48
      12
      40
      -468
      -236
      13
      142
      -2,661
      -2,430
      169
      -48
      2,680
      269
      -147
      -79
      -5,428
      -52
      -204
      1,374
      714
      1,348
      81
      8
      474
      -479
      67
      183
      117
      193
      1,324
      1,328
      217
      15
      -1,192
      -1,797
      -1,767
      -115
      460
      -7,092
      -2,268
      1,022
      134
      2,645
      -2,341
      1,347
      -1,995
      -61
      93
      9
      178
      2,751
      -3,254
      67
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 -21,585
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 70,857 1,240,917 0.057101
2008 79,904 1,424,718 0.056084
2007 75,985 1,616,381 0.047009
2006 75,647 1,553,550 0.048693
2005 77,184 1,540,875 0.050091
2 Total of line 1, column (d) ...................... 2 0.258978
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 0.051796
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 1,302,702
5 Multiply line 4 by line 3....................... 5 67,475
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 138
7 Add lines 5 and 6......................... 7 67,613
8 Enter qualifying distributions from Part XII, line 4.............. 8 62,609
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 1 277
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............................ 3 277
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- ..... 5 277
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 222
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.............. 7 222
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 55
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 ofbulletFIRSTMERIT BANK NA Telephone no.bullet (330) 384-7301
    Located atbullet106 S MAIN ST 5TH FLAKRONOH ZIP+4bullet44308
    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
    FIRSTMERIT BANK NA TRUSTEE
    1.00
    21,154 0 0
    106 S MAIN ST 5TH FL
    AKRON,OH44308
    JOSEPH GIBSON ESQ TRUSTEE
    1.00
    0 0 0
    1739 KARG DR
    AKRON,OH44313
    RONALD B TYNAN SR TRUSTEE
    1.00
    0 0 0
    106 S MAIN ST STE 1600
    AKRON,OH44308
    REV DR MARK T RUPPERT TRUSTEE
    1.00
    0 0 0
    647 E MARKET ST
    AKRON,OH44304
    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
    1,211,758
    b
    Average of monthly cash balances.......................
    1b
    110,782
    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
    1,322,540
    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
    1,322,540
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    19,838
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,302,702
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    65,135
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    65,135
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    277
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    277
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    64,858
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    64,858
    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
    64,858
    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
    62,609
    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
    62,609
    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
    62,609
    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 64,858
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 61,537
    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.......  
    e From 2009.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 62,609
    a Applied to 2009, but not more than line 2a 61,537
    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..... 1,072
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........
    63,786
    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 ......
    0
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008....  
    d Excess from 2009....  
    e Excess from 2010....  
    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:
    BRENDA MOUBRAY
    FIRSTMERIT BANK 106 S MAIN ST 16TH
    FL
    AKRON,OH44308
    (330) 384-7301
    bThe form in which applications should be submitted and information and materials they should include:
    NO SPECIFIC FORMAT; MUST BE SUBMITTED IN WRITING
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ARE GENERALLY RESTRICTED TO AKRON AND SUMMIT COUNTY 501(C)(3) ORGANIZATIONS.
    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
    ACCESS
    230 W MARKET STREET
    AKRON,OH44303
        GENERAL SUPPORT 1,000
    AKRON-CANTON REGIONAL FOODBANK
    350 OPPORTUNITY PARKWAY
    AKRON,OH44307
        GENERAL SUPPORT 6,000
    AMERICAN RED CROSS OF SUMMIT & PORTAGE COUNTIES
    501 WEST MARKET STREET
    AKRON,OH44303
        CIVIC 500
    BEACON JOURNAL CHARITY FUND
    333 SOUTH MAIN STREET SUITE 319
    AKRON,OH44308
        CIVIC 2,000
    BOYS & GIRLS CLUB OF THE WESTERN RESERVE
    889 JONATHAN AVENUE
    AKRON,OH44306
        EDUCATIONAL 2,000
    CASA BOARD VOLUNTEER ASSOCIATION
    650 DAN STREET
    AKRO,OH44311
        CIVIC 1,000
    CENTRAL SUMMIT COUNTY CHORAL SOCIETY
    715 E BUCHTEL AVENUE
    AKRON,OH44305
        GENERAL SUPPORT 500
    CHILDREN'S CONCERT SOCIETY OF AKRON
    THE UNIVERSITY OF AKRON
    AKRON,OH44325
        GENERAL SUPPORT 500
    CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON
    ONE PERKINS SQUARE
    AKRON,OH44308
        CIVIC 1,000
    COMMUNITY DRUG BOARD COMMUNITY HEALTH CENTER
    725 EAST MARKET STREET
    AKRON,OH44305
        FACILITIES 1,000
    COMMUNITY OUTREACH RESOURCES EXCHANGE CORE FURNITURE BANK
    2900 STATE ROAD UNIT 3
    CUYAHOGA FALL,OH44223
        CIVIC 1,000
    CONRAD BOTZUM FARMSTEAD
    PO BOX 13293
    AKRO,OH44335
        CIVIC 500
    CUYAHOGA VALLEY NATIONAL PARK ASSOCIATION
    1403 WEST HINES HILL ROAD
    PENINSULA,OH44264
        EDUCATIONAL 1,000
    FIRST PRESBYTERIAN CHURCH OF AKRON
    647 EAST MARKET STREET
    AKRON,OH44304
        GENERAL SUPPORT 7,000
    FRIENDS OF METRO PARKS
    975 TREATY LINE RD
    AKRON,OH44313
        EDUCATIONAL 500
    GIRL SCOUTS OF NORTH EAST OHIO
    ONE GIRL SCOUT WAY
    MACEDONIA,OH44057
        CIVIC 1,000
    GOOD NEIGHBORS
    1453 GOODYEAR BLVD
    AKRON,OH44305
        FACILITIES 1,000
    GOODWILL INDUSTRIES OF AKRON INC
    570 E WATERLOO ROAD
    AKRON,OH44319
        GENERAL SUPPORT 2,000
    GREENLEAF FAMILY CENTER
    212 EAST EXCHANGE STREET
    AKRON,OH44304
        FACILITIES 500
    HABITAT FOR HUMANITY OF SUMMIT COUNTY
    1177 ROSEMARY BLVD
    AKRON,OH44306
        GENERAL SUPPORT 2,000
    HAVEN OF REST MINISTRIES
    PO BOX 547
    AKRO,OH44310
        GENERAL SUPPORT 1,500
    HOSPICE CARE OHIO
    3358 RIDGEWOOD ROAD
    AKRON,OH44333
        GENERAL SUPPORT 500
    HUMANE SOCIETY OF GREATER AKRON
    7996 DARROW ROAD
    TWINSBURG,OH44087
        CIVIC 500
    JUNIOR ACHIEVEMENT OF NORTH CENTRAL OHIO
    PO BOX 26006
    AKRO,OH44319
        EDUCATIONAL 1,000
    MENTAL HEALTH AMERICA OF SUMMIT COUNTY
    20 OLIVE STREET SUITE 404
    AKRON,OH44310
        EDUCATIONAL 1,000
    MOBILE MEALS
    1063 SOUTH BROADWAY STREET
    AKRON,OH44313
        CIVIC 3,000
    NATIONAL INVENTORS HALL OF FAME FOUNDATION
    221 SOUTH BROADWAY STREET
    AKRON,OH44308
        GENERAL SUPPORT 1,000
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    6155 ROCKSIDE ROAD SUITE 202
    INDEPENDENCE,OH44131
        GENERAL SUPPORT 500
    OPPORTUNITY PARISH ECUMENICAL NEIGHBORHOOD-MINISTRY
    941 PRINCETON STREET
    AKRON,OH44311
        GENERAL SUPPORT 2,000
    PEGASUS FARM
    7490 EDISON STREET NE
    HARTVILLE,OH44632
        CIVIC 1,000
    REBUILDING TOGETHER SUMMIT COUNTY
    788 DONALD AVENUE
    AKRON,OH44306
        CIVIC 2,000
    SALVATION ARMY
    190 S MAPLE STREET
    AKRON,OH44302
        CIVIC 2,000
    STAN HYWET HALL & GARDENS
    714 NORTH PORTAGE PATH
    AKRON,OH44308
        GENERAL SUPPORT 1,000
    SUMMIT COUNTY HISTORICAL SOCIEY
    550 COPLEY ROAD
    AKRO,OH44320
        EDUCATIONAL 3,000
    TUESDAY MUSICAL ASSOCIATION
    198 HILL STREET
    AKRO,OH44325
        EDUCATIONAL 1,000
    UNIVERSITY OF AKRON SCHOOL OF LAW
    UNIVERSITY OF AKRON
    AKRON,OH44325
        EDUCATIONAL 8,000
    WEATHERVANE COMMUNITY PLAYHOUSE
    1301 WEATHERVANE LANE
    AKRON,OH44313
        CIVIC 1,000
    Total .................................bullet 3a 62,000
    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          
    4 Dividends and interest from securities....     14 36,070  
    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.....     01 57  
    8Gain or (loss) from sales of assets other than inventory     18 -21,585  
    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 14,542 0
    13Total. Add line 12, columns (b), (d), and (e)...................
    1314,542
    (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:
    W PAUL MILLS & THORA J MILLS MEMORIAL
    FOUNDATION 14079-00
    EIN: 37-1432256
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE 1,138 1,138   0

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    W PAUL MILLS & THORA J MILLS MEMORIAL
    FOUNDATION 14079-00
    EIN: 37-1432256
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ANHEUSER-BUSCH CO 4.950% 1/15/14 50,875 53,802
    BANK OF AMERICA 4.875% 9/15/12 24,690 26,104
    GE COMPANY CO 5.000% 2/01/13 49,500 53,449

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    W PAUL MILLS & THORA J MILLS MEMORIAL
    FOUNDATION 14079-00
    EIN: 37-1432256
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 13,375 13,654
    AMERICAN EXPRESS CO 16,202 16,310
    APACHE CORP 10,778 15,142
    APPLE INC 8,641 17,741
    BED BATH & BEYOND INC 16,175 18,431
    BOEING CO 7,516 7,179
    CAMERON INTERNATIONAL CORP 8,224 14,712
    CELGENE CORP 7,617 8,575
    CHEVRON CORPORATION 4,161 8,851
    CISCO SYSTEMS INC 9,655 13,453
    COCA COLA CO 8,636 10,852
    CONOCOPHILLIPS 14,518 18,047
    DANAHER CORP 13,152 19,340
    DU PONT E I DE NEMOURS & CO 11,832 15,463
    DUKE ENERGY HOLDING CORP 10,104 13,821
    ECOLAB INC 5,377 7,210
    EMERSON ELEC CO 4,943 11,491
    EXXON MOBIL CORPORATION 12,081 18,865
    FLUOR CORP NEW 11,475 15,571
    GENERAL ELECTRIC CORP 18,730 9,931
    GENERAL MLS INC 12,504 14,592
    GOOGLE INC - CL A 14,517 19,007
    HEWLETT PACKARD CO 16,453 15,788
    HOME DEPOT INC 10,730 15,952
    ILLINOIS TOOL WKS INC 8,366 10,947
    INTEL CORP 17,211 16,067
    ISHARES RUSSELL MIDCAP INDEX FUND 54,796 61,050
    ISHARES S&P SMALLCAP 600 49,037 55,461
    JOHNSON & JOHNSON 10,863 12,061
    KOHLS CORP 12,440 12,498
    MCDONALDS CORP 10,908 15,352
    MEDCO HEALTH SOLUTIONS INC 8,022 8,271
    MERCK & CO INC 11,390 11,172
    MICROSOFT CORP 12,558 15,071
    NIKE INC-CLASS B 7,376 12,386
    OCCIDENTAL PETE CORP 12,312 15,696
    ORACLE CORPORATION 12,738 13,616
    PEPSICO INC 13,295 15,353
    PRAXAIR INC 5,455 9,070
    PROCTER & GAMBLE CO 8,983 15,118
    PRUDENTIAL FINL INC 11,355 15,265
    SCHLUMBERGER LTD 11,454 15,865
    SPDR DJ WILSHIRE INTL REAL ESTATE 10,319 9,733
    SPDR DOW JONES REIT ETF 11,118 11,899
    STATE STREET CORP 13,427 16,312
    T ROWE PRICE GROUP INC 11,418 19,749
    UNION PAC CORP 11,465 12,972
    UNITED TECHNOLOGIES CORP 3,890 8,344
    VANGUARD FTSE ALL WO X-US SC 14,307 15,939
    VANGUARD FTSE ALL-WORLD EX-US 54,428 58,231
    VANGUARD MSCI EMERGING MARKETS ETF 39,876 46,220
    YUM! BRANDS INC 8,205 8,093

    TY 2010 InvestmentsGovtObligationsSch
    Name:
    W PAUL MILLS & THORA J MILLS MEMORIAL
    FOUNDATION 14079-00
    EIN: 37-1432256
    US Government Securities - End of Year Book Value:

    281,696
    US Government Securities - End of Year Fair Market Value:

    288,453
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2010 OtherExpensesSchedule
    Name:
    W PAUL MILLS & THORA J MILLS MEMORIAL
    FOUNDATION 14079-00
    EIN: 37-1432256
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES & SUBSCRIPTIONS 49 0   49
    MEETING EXPENSE 128 0   128
    POSTAGE 232 0   232
    OH FILING FEE 200 0   200


    TY 2010 OtherIncomeSchedule2
    Name:
    W PAUL MILLS & THORA J MILLS MEMORIAL
    FOUNDATION 14079-00
    EIN: 37-1432256
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LITIGATION PROCEEDS 57 57 57