TY 2010 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation

Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.

OMB No. 1545-0052

2010

For calendar year 2010, or tax year beginning 01-01-2010 , and ending 12-31-2010

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

Amended returnAddress changeName change

Name of foundation
ANNA M HEILMAIER CHARITABLE FDN 25370370

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 64713 TRUST TAX SERVICES Room/suite

City or town, state, and ZIP code
ST PAUL, MN551640713

A Employer identification number

41-1761632

B Telephone number (see page 10 of the instructions)

(612) 303-3208

C If exemption application is pending, check here bullet

D 1. Foreign organizations, check here . bullet

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

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

$6,350,630J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

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

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments	3		3
4	Dividends and interest from securities......	151,459		151,459
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		21,824
b	Gross sales price for all assets on line 6a 915,725
7	Capital gain net income (from Part IV, line 2)...			21,824
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		2,217	162
12	Total. Add lines 1 through 11........	175,503		173,448
13	Compensation of officers, directors, trustees, etc.	77,334		61,567		15,767
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........		2,000	1,000	0	1,000
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see page 14 of the instructions)		3,018	1,680		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		17,139	134		17,005
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	99,491		64,381	0	33,772
25	Contributions, gifts, grants paid........	283,000				283,000
26	Total expenses and disbursements. Add lines 24 and 25	382,491		64,381	0	316,772
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-206,988
b	Net investment income (if negative, enter -0-)			109,067
c	Adjusted net income (if negative, enter -0-)...				0

For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.

Cat. No. 11289X Form 990-PF (2010)

Form 990-PF (2010)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	2,203	-6,677	-6,677
	2	Savings and temporary cash investments..........	289,985	168,401	168,401
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see page 15 of the
		instructions)....................
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)	100,102	100,102	105,209
	b	Investments—corporate stock (attach schedule)........	3,400,614	3,393,578	5,173,454
	c	Investments—corporate bonds (attach schedule)........	828,508	827,501	832,518
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	130,970	64,649	71,086
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	9,970	6,639	6,639
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	4,762,352	4,554,193	6,350,630
	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 )	18	207
	23	Total liabilities (add lines 17 through 22)..........	18	207
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	5,060,119	5,060,119
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	-297,785	-506,133
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	4,762,334	4,553,986
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	4,762,352	4,554,193

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	4,762,334
2	Enter amount from Part I, line 27a......................	2	-206,988
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	4,555,346
5	Decreases not included in line 2 (itemize)	5	1,360
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30..	6	4,553,986

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	107. ABB LTD A D R		2010-04-23	2010-05-10
b	173. ABB LTD A D R		2010-05-12	2010-06-04
c	117. ATT INC		2003-07-11	2010-02-02
d	355. ATT INC		2008-06-26	2010-03-08
e	50. ATT INC		2003-07-11	2010-03-08
	15. ATT INC		2009-09-18	2010-10-28
	13. ABBOTT LABORATORIES		2010-08-11	2010-11-05
	129. ABBOTT LABORATORIES		2010-08-11	2010-11-22
	45. ACME PACKET INC		2010-09-09	2010-12-01
	21. AIR PRODS CHEMICALS INC		2008-10-20	2010-02-26
	31. AKAMAI TECHNOLOGIES INC		2010-09-09	2010-10-22
	16. AKAMAI TECHNOLOGIES INC		2010-08-13	2010-10-28
	1426. ALCATEL LUCENT A D R		2009-09-21	2010-02-16
	20. ALLERGAN INC		2010-03-19	2010-07-06
	15. ALLERGAN INC		2010-03-19	2010-10-29
	43. AMAZON COM INC		2009-03-17	2010-02-02
	49. AMAZON COM INC		2009-02-26	2010-02-03
	16. AMAZON COM INC		2010-05-10	2010-06-24
	12. AMAZON COM INC		2010-05-06	2010-07-23
	78. AMERICAN EXPRESS CO		2009-10-20	2010-01-27
	148. AMERICAN EXPRESS CO		2010-06-29	2010-10-06
	20. AMERICAN TOWER CORP		2010-06-15	2010-10-22
	65. AMERICAN TOWER CORP		2010-06-15	2010-12-02
	101. AMGEN INC		2009-09-21	2010-02-09
	7. ANADARKO PETROLEUM CORP		2008-07-10	2010-04-22
	22. ANADARKO PETROLEUM CORP		2009-06-26	2010-06-14
	106. ANADARKO PETROLEUM CORP		2009-04-01	2010-06-14
	161. APPLIED MATLS INC		2009-09-09	2010-02-02
	297. APPLIED MATLS INC		2008-01-03	2010-03-09
	369. APPLIED MATLS INC		2009-02-23	2010-04-26
	102. ARCELORMITTAL NY REGISTERED		2010-02-11	2010-07-14
	97. ARCELORMITTAL NY REGISTERED		2010-02-11	2010-07-27
	138. ARCHER DANIELS MIDLAND CO		2009-07-07	2010-02-01
	83. ARCHER DANIELS MIDLAND CO		2008-11-05	2010-02-01
	48. ATHEROS COMMUNICATIONS INC		2010-04-23	2010-08-02
	93. ATHEROS COMMUNICATIONS INC		2010-09-22	2010-11-23
	129. AVON PRODS INC		2010-02-02	2010-04-14
	7. AVON PRODS INC		2009-07-09	2010-05-10
	110. AVON PRODS INC		2009-05-06	2010-05-10
	277. AXA A D R		2008-01-03	2010-12-15
	12. BAIDU COM INC A D R		2010-06-10	2010-09-30
	12. BAIDU COM INC A D R		2010-06-10	2010-10-11
	384. BANCO SANTANDER CENT HISPANO A D R		2008-01-03	2010-05-06
	276. BANCO SANTANDER CENT HISPANO A D R		2009-06-10	2010-05-10
	335. BANCO SANTANDER CENT HISPANO A D R		2008-01-03	2010-05-10
	61. BANK OF NOVA SCOTIA		2010-09-22	2010-11-22
	35. BAXTER INTL INC		2010-04-22	2010-05-20
	39. BEST BUY CO INC		2008-05-15	2010-07-14
	39. BEST BUY CO INC		2008-04-15	2010-09-14
	92. BOC HONG KONG HLDGS LTD A D R		2008-06-13	2010-12-10
	9. BOEING CO		2010-01-22	2010-09-14
	8. BOSTON PPTYS INC		2008-11-21	2010-01-07
	223. BOSTON SCIENTIFIC CORP		2008-12-23	2010-04-22
	132. BRISTOL MYERS SQUIBB CO		2009-04-13	2010-04-22
	106. BROADCOM CORP CL A		2008-04-25	2010-06-17
	112. BROADCOM CORP CL A		2008-04-25	2010-10-27
	81. CVS CAREMARK CORP		2010-04-28	2010-06-07
	81. CVS CAREMARK CORP		2008-11-05	2010-06-07
	74. CAPITAL ONE FINANCIAL CORP		2009-04-01	2010-01-07
	20. CATERPILLAR INC		2009-11-11	2010-08-25
	22. CELGENE CORP		2010-07-26	2010-10-27
	37. CELGENE CORP		2010-07-26	2010-10-28
	14. CERNER CORPORATION		2009-10-14	2010-06-24
	25. CERNER CORPORATION		2009-11-25	2010-11-16
	15. CERNER CORPORATION		2009-10-30	2010-11-16
	40. CHEVRON CORPORATION		2008-11-03	2010-04-22
	6. CHEVRON CORPORATION		2009-06-26	2010-06-22
	73. CHEVRON CORPORATION		2009-06-18	2010-06-22
	773. CISCO SYS INC		2010-02-01	2010-08-13
	28. CLIFFS NATURAL RESOURCES INC		2010-08-13	2010-09-14
	19. COACH INC		2009-08-13	2010-12-16
	28. COGNIZANT TECH SOLUTIONS CL A		2010-04-26	2010-10-25
	30. COLGATE PALMOLIVE CO		2009-10-14	2010-06-03
	74. COLGATE PALMOLIVE CO		2009-01-27	2010-06-03
	17. CONOCOPHILLIPS		2010-06-16	2010-10-22
	59. CONOCOPHILLIPS		2010-06-16	2010-10-25
	60. CONOCOPHILLIPS		2010-06-14	2010-11-04
	40. CONSOL ENERGY INC		2010-03-01	2010-03-23
	111. CORNING INC		2010-02-02	2010-07-29
	21. CREE INC		2010-02-17	2010-03-17
	69. CREE INC		2010-05-11	2010-09-10
	55. CTRIP COM INTERNATIONAL A D R		2010-06-29	2010-07-13
	9. CUMMINS INC		2009-04-22	2010-08-02
	35. CUMMINS INC		2009-04-07	2010-10-25
	323. CYPRESS SEMICONDUCTOR CORP		2010-09-22	2010-12-01
	125. D R HORTON INC		2009-10-12	2010-02-17
	178. D R HORTON INC		2009-12-03	2010-03-11
	16. DEERE & CO		2010-06-21	2010-09-22
	24. DEERE & CO		2010-06-21	2010-10-11
	43. DEERE & CO		2010-06-04	2010-12-01
	270. DELTA AIR LINES INC		2010-06-04	2010-10-13
	55. DIAGEO PLC SPONSORED A D R		2008-09-11	2010-09-28
	120. DIRECTV CL A		2010-09-09	2010-10-15
	.5 DOLLAR TREE INC		2010-06-24	2010-06-30
	14. DOLLAR TREE INC		2010-09-09	2010-09-30
	29. DOLLAR TREE INC		2010-07-02	2010-10-11
	37. DOLLAR TREE INC		2010-06-24	2010-11-30
	39. E M C CORPORATION		2010-05-11	2010-05-12
	323. E M C CORPORATION		2010-05-11	2010-06-03
	109. E ON A G A D R		2008-03-31	2010-09-15
	79. EASTMAN CHEM CO		2010-06-21	2010-07-22
	7. EDWARDS LIFESCIENCES CORP		2010-03-19	2010-03-30
	64. EDWARDS LIFESCIENCES CORP		2010-05-12	2010-07-20
	71. EMERSON ELEC CO		2008-11-21	2010-01-22
	42. DELHAIZE GROUP SPONS A D R		2010-07-15	2010-10-12
	36. EXPRESS SCRIPTS INC		2009-04-30	2010-07-20
	29. EXXON MOBIL CORP		2010-02-26	2010-06-01
	2. EXXON MOBIL CORP		2010-02-26	2010-09-27
	19. EXXON MOBIL CORP		2008-07-10	2010-09-27
	23. F5 NETWORKS INC		2010-02-17	2010-03-17
	29. F5 NETWORKS INC		2010-02-16	2010-09-30
	6. F5 NETWORKS INC		2009-10-14	2010-10-27
	262. FIFTH THIRD BANCORP		2009-08-26	2010-04-26
	97.656 NUVEEN INTERMD TERM BD FD CL Y		1993-07-31	2010-05-21
	19. FIRST SOLAR INC		2010-08-13	2010-12-17
	66. FOMENTO ECONOMICO MEX SP A D R		2008-01-03	2010-01-13
	168. FRANCE TELECOM SPSD ADR		2008-01-03	2010-01-13
	55. FREEPORT MCMORAN COPPER GOLD		2010-05-10	2010-06-07
	13. FREEPORT MCMORAN COPPER GOLD		2009-09-18	2010-09-27
	.6852 FRONTIER COMMUNICATIONS CORP		2003-07-11	2010-07-09
	.0755 FRONTIER COMMUNICATIONS CORP		2003-07-11	2010-07-13
	5.2809 FRONTIER COMMUNICATIONS CORP		2009-09-18	2010-07-14
	25.7191 FRONTIER COMMUNICATIONS CORP		2003-07-11	2010-07-14
	14. GENERAL DYNAMICS CORP		2008-01-03	2010-02-26
	122. GILEAD SCIENCES INC		2010-02-10	2010-04-23
	66. GILEAD SCIENCES INC		2008-01-03	2010-04-23
	32. GOLDMAN SACHS GROUP INC		2009-02-03	2010-04-16
	9. GOOGLE INC CL A		2008-07-09	2010-05-05
	6. GOOGLE INC CL A		2009-08-24	2010-05-11
	13. GOOGLE INC CL A		2008-07-09	2010-05-11
	3. GOOGLE INC CL A		2010-10-15	2010-10-29
	56. GUESS INC		2010-03-11	2010-05-06
	27. HALLIBURTON CO		2010-01-19	2010-06-01
	224. HALLIBURTON CO		2010-03-12	2010-06-14
	324. HALLIBURTON CO		2010-07-19	2010-10-28
	39. HARLEY DAVIDSON INC		2009-11-30	2010-04-22
	158. HARLEY DAVIDSON INC		2010-02-03	2010-06-10
	24. HESS CORP		2010-06-22	2010-08-13
	5. HESS CORP		2009-03-24	2010-08-13
	143. HEWLETT PACKARD CO		2010-03-17	2010-05-11
	19. HEWLETT PACKARD CO		2008-01-03	2010-09-14
	27. HEWLETT PACKARD CO		2008-01-03	2010-10-28
	120. HONDA MOTOR CO LTD A D R		2008-01-03	2010-11-08
	41. HUMAN GENOME SCIENCES INC		2010-08-13	2010-10-21
	48. HUMAN GENOME SCIENCES INC		2010-08-13	2010-11-10
	820. INTEL CORP		2010-08-13	2010-09-09
	161. INTERNATIONAL GAME TECHNOLOGY		2009-07-17	2010-03-17
	266. INTESA SANPAOLO A D R		2009-09-10	2010-03-10
	6. INTUITIVE SURGICAL INC		2010-10-15	2010-12-10
	3. INTUITIVE SURGICAL INC		2009-10-27	2010-12-10
	81. JOHNSON CONTROLS INC		2010-04-26	2010-06-18
	110. JOHNSON CONTROLS INC		2010-05-12	2010-07-27
	43. JUNIPER NETWORKS INC		2008-07-31	2010-01-05
	37. JUNIPER NETWORKS INC		2009-02-03	2010-02-03
	208. JUNIPER NETWORKS INC		2008-09-10	2010-02-03
	24. KIMBERLY CLARK CORP		2010-08-25	2010-11-29
	199. KIMBERLY CLARK CORP		2010-03-10	2010-12-09
	121. LAM RESEARCH CORP		2010-05-05	2010-12-21
	136. LAS VEGAS SANDS CORP		2010-05-27	2010-06-29
	2. LAS VEGAS SANDS CORP		2010-01-12	2010-08-05
	33. LAS VEGAS SANDS CORP		2010-01-12	2010-09-30
	53. LAS VEGAS SANDS CORP		2009-11-18	2010-10-11
	27. LAS VEGAS SANDS CORP		2009-11-18	2010-10-28
	51. LAS VEGAS SANDS CORP		2010-02-01	2010-11-08
	8. LEAR CORP W I		2010-07-23	2010-08-11
	39. LEAR CORP W I		2010-07-23	2010-09-15
	87. LOWES CO INC		2010-05-11	2010-06-18
	63. LOWES CO INC		2008-12-05	2010-06-18
	171. LOWES CO INC		2009-02-10	2010-08-05
	86. MANPOWER INC		2010-02-03	2010-06-10
	13. MASTERCARD INC		2010-10-22	2010-12-17
	120. MCDERMOTT INTL INC		2010-04-23	2010-05-05
	46. MCDONALDS CORP		2008-10-08	2010-02-04
	27. MCDONALDS CORP		2009-08-26	2010-09-27
	13. MCDONALDS CORP		2009-04-13	2010-10-28
	21. MCKESSON CORPORATION		2009-11-23	2010-01-08
	7. MCKESSON CORPORATION		2009-10-27	2010-02-10
	27. MCKESSON CORPORATION		2010-04-26	2010-08-11
	51. MCKESSON CORPORATION		2010-04-26	2010-08-16
	151. MICRON TECHNOLOGY INC		2009-10-14	2010-01-05
	111. MICRON TECHNOLOGY INC		2009-10-14	2010-01-13
	52. MICRON TECHNOLOGY INC		2009-12-01	2010-03-17
	305. MICRON TECHNOLOGY INC		2010-05-06	2010-06-03
	186. MICRON TECHNOLOGY INC		2009-12-01	2010-07-29
	407. MICRON TECHNOLOGY INC		2010-08-13	2010-10-06
	933. MITSUBISHI UFJ FINL GRP A D R		2008-05-09	2010-10-15
	14. MITSUI & CO LTD SPSD ADR		2009-12-10	2010-08-12
	21. MONSANTO CO		2008-01-03	2010-03-01
	10. MONSANTO CO		2009-12-01	2010-04-15
	7. MONSANTO CO		2008-01-03	2010-04-15
	31. MONSANTO CO		2008-01-03	2010-04-23
	102. MONSANTO CO		2010-09-14	2010-09-28
	419. MOTOROLA INC		2010-09-09	2010-10-12
	155. MOTOROLA INC		2010-09-09	2010-10-28
	322. MOTOROLA INC		2010-08-13	2010-10-28
	187. MTN GROUP LTD A D R		2009-05-05	2010-02-16
	522. NATIONAL BANK OF GREECE A D R		2009-09-29	2010-03-10
	862. NATIONAL BANK OF GREECE A D R		2009-12-16	2010-04-27
	84. NATIONAL GRID PLC SP A D R		2009-01-12	2010-02-16
	20. NATIONAL OILWELL VARCO INC		2010-09-22	2010-11-22
	55. NESTLE SA SPONSORED A D R		2008-01-03	2010-11-09
	142. NIDEC CORPORATION A D R		2010-04-23	2010-09-15
	49. NIKE INC		2009-11-23	2010-01-12
	12. NIKE INC		2008-01-03	2010-03-08
	21. NIKE INC		2009-06-18	2010-06-14
	39. NIKE INC		2009-01-26	2010-06-14
	59. NOVARTIS AG A D R		2006-08-29	2010-12-16
	79. NUCOR CORP		2009-05-29	2010-01-26
	83. OCCIDENTAL PETROLEUM CORPORATION		2009-02-12	2010-12-03
	.5 OWENS & MINOR INC		2009-03-23	2010-04-07
	388. OWENS & MINOR INC		2009-03-23	2010-12-01
	22. P N C FINANCIAL SERVICES GROUP INC		2009-04-30	2010-01-07
	72. PEPSICO INC		2008-09-17	2010-07-06
	40. PEPSICO INC		2008-09-17	2010-10-11
	31. PEPSICO INC		2008-09-17	2010-11-05
	556. PFIZER INC		2010-02-10	2010-03-19
	17. T ROWE PRICE GROUP INC		2010-04-22	2010-06-17
	9. T ROWE PRICE GROUP INC		2008-01-03	2010-06-17
	10. T ROWE PRICE GROUP INC		2009-09-18	2010-08-13
	54. T ROWE PRICE GROUP INC		2008-04-23	2010-08-13
	12. PRICELINE COM INC		2010-07-16	2010-12-03
	56. PROCTER & GAMBLE CO		2008-05-08	2010-03-08
	64. PRUDENTIAL FINANCIAL INC		2010-04-22	2010-09-22
	95. PULTE GROUP INC		2009-12-03	2010-10-11
	55. PULTE GROUP INC		2009-09-21	2010-10-11
	175. PULTE GROUP INC		2009-09-21	2010-10-18
	138. QUALCOMM INC		2008-02-15	2010-02-17
	18. QUALCOMM INC		2010-02-01	2010-04-23
	54. QUALCOMM INC		2008-02-15	2010-04-23
	114. QUALCOMM INC		2008-02-14	2010-05-04
	163. QUANTA SVCS INC		2010-06-23	2010-08-05
	85. RWE AG A D R		2008-01-03	2010-10-15
	15. RIO TINTO PLC A D R		2010-01-26	2010-04-23
	72. RIO TINTO PLC A D R		2009-08-27	2010-05-06
	88. RIO TINTO PLC A D R		2009-08-19	2010-05-10
	56. ROGERS COMMUNICATIONS INC CL B		2010-02-26	2010-12-20
	20. SALESFORCE COM INC		2010-02-17	2010-03-17
	70. SANDISK CORP		2010-07-29	2010-11-09
	62. SCHLUMBERGER LTD		2010-03-23	2010-06-02
	229. SCHWAB CHARLES CORP		2010-04-23	2010-06-03
	85. SHIRE PLC A D R		2010-04-26	2010-06-07
	116. SOUTHERN CO		2009-10-20	2010-05-04
	71. SOUTHWESTERN ENERGY CO		2010-06-21	2010-07-19
	28. SOUTHWESTERN ENERGY CO		2010-06-16	2010-09-22
	69. SOUTHWESTERN ENERGY CO		2008-10-24	2010-09-22
	32. STAPLES INC		2008-05-15	2010-06-22
	60. STAPLES INC		2008-03-18	2010-07-14
	73. STARBUCKS CORP		2010-06-17	2010-11-08
	38. STARBUCKS CORP		2010-06-11	2010-12-15
	23. STARWOOD HOTELS & RESORTS		2010-02-03	2010-10-22
	135. STATOIL ASA A D R		2008-01-03	2010-11-22
	200. STERLITE INDS INDIA A D S		2009-05-06	2010-06-09
	90. STRYKER CORP		2010-05-04	2010-06-09
	192. SYSCO CORP		2010-06-07	2010-08-09
	401. SYSCO CORP		2008-01-03	2010-12-01
	136. TAIWAN SEMICONDUCTOR A D R		2009-04-29	2010-01-05
	574. TAIWAN SEMICONDUCTOR A D R		2009-04-29	2010-01-13
	51. TELEFONICA SA SPON A D R		2008-01-03	2010-11-09
	186. TENARIS SA ADR		2010-01-13	2010-06-09
	20. TEVA PHARMACEUTICAL INDS LTD A D R		2009-03-25	2010-01-12
	33. TEVA PHARMACEUTICAL INDS LTD A D R		2010-03-19	2010-04-29
	8. TEVA PHARMACEUTICAL INDS LTD A D R		2009-04-22	2010-04-29
	57. TEVA PHARMACEUTICAL INDS LTD A D R		2009-04-22	2010-05-21
	116. THERMO FISHER SCIENTIFIC INC		2009-06-18	2010-08-03
	700. 3M CO		1993-06-27	2010-06-16
	62. TOTAL S A A D R		2009-04-13	2010-02-26
	7. TOTAL S A A D R		2009-02-05	2010-02-26
	64. TOTAL S A A D R		2008-01-03	2010-03-10
	33. TOTAL S A A D R		2009-03-11	2010-03-12
	60. TOYOTA MTR CORP A D R		2008-01-03	2010-02-11
	36. UNITED TECHNOLOGIES CORP		2008-01-03	2010-07-14
	13. UNITED TECHNOLOGIES CORP		2008-01-03	2010-08-13
	56. UNITED HEALTH GROUP INCORPORATED		2009-12-17	2010-04-16
	61. UNITED HEALTH GROUP INCORPORATED		2009-12-17	2010-04-22
	45. UNIVERSAL HEALTH SVCS INC CL B		2010-05-21	2010-12-16
	33. URBAN OUTFITTERS INC		2010-06-29	2010-10-11
	86. URBAN OUTFITTERS INC		2010-07-13	2010-11-05
	54. VERIZON COMMUNICATIONS INC		2003-07-11	2010-02-26
	35. VERIZON COMMUNICATIONS INC		2003-07-11	2010-03-08
	9. VERIZON COMMUNICATIONS INC		2003-07-11	2010-10-28
	51. VISA INC CLASS A SHRS		2009-01-09	2010-06-04
	16. VMWARE INC CL A		2010-05-11	2010-06-17
	10. VMWARE INC CL A		2010-05-11	2010-08-12
	32. VMWARE INC CL A		2010-05-11	2010-10-08
	14. VMWARE INC CL A		2010-04-22	2010-11-30
	28. VMWARE INC CL A		2010-05-10	2010-12-16
	61. WMS INDS INC		2010-11-09	2010-12-10
	11. WASTE MGMT INC		2009-02-05	2010-02-26
	344. WASTE MGMT INC		2008-11-26	2010-06-16
	41. WASTE MGMT INC		2009-02-05	2010-06-22
	29. WASTE MGMT INC		2008-10-08	2010-10-28
	72. WATERS CORP		2010-02-10	2010-06-10
	154. WELLS FARGO CO		2010-05-05	2010-07-16
	46. WHIRLPOOL CORP		2010-07-19	2010-08-17
	62. WHOLE FOODS MKT INC		2010-02-17	2010-06-07
	19. WHOLE FOODS MKT INC		2009-11-09	2010-08-13
	77. WHOLE FOODS MKT INC		2010-01-26	2010-10-12
	9. X T O ENERGY INC		2009-06-26	2010-01-07
	41. X T O ENERGY INC		2009-06-26	2010-01-19
	98. XILINX INC		2008-04-11	2010-03-17
	44. XILINX INC		2009-04-29	2010-04-26
	141. XILINX INC		2008-07-07	2010-04-26
	78. CENTRAL EUROPEAN MEDIA ENT A		2009-04-14	2010-08-06
	108. INVESCO LTD		2009-04-01	2010-04-14
	127. MARVELL TECHNOLOGY GROUP LTD		2010-04-23	2010-06-21
	166. MARVELL TECHNOLOGY GROUP LTD		2010-02-17	2010-06-24
	52. ACE LTD		2008-09-18	2010-03-22
	6. ALCON INC		2009-09-21	2010-01-21
	22. ALCON INC		2009-09-21	2010-02-16
	57. WEATHERFORD INTERNATIONAL LTD		2009-02-27	2010-03-01
	27. WEATHERFORD INTERNATIONAL LTD		2009-11-18	2010-03-23
	115. WEATHERFORD INTERNATIONAL LTD		2009-02-27	2010-03-23
	60. TRANSOCEAN LTD		2010-03-12	2010-06-01
	33. ASML HOLDING NV NY REG SHS		2009-11-30	2010-06-17
	32. ASML HOLDING NV NY REG SHS		2009-11-30	2010-08-12
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,981	2,310	-329
b	2,898	3,627	-729
c	2,995	2,976	19
d	8,930	12,092	-3,162
e	1,258	1,272	-14
	428	403	25
	662	660	2
	6,022	6,468	-446
	2,301	1,645	656
	1,441	1,275	166
	1,465	1,522	-57
	826	705	121
	3,815	3,702	113
	1,232	1,285	-53
	1,073	964	109
	4,962	2,933	2,029
	5,805	3,068	2,737
	1,877	2,093	-216
	1,335	1,562	-227
	2,993	2,796	197
	5,649	6,046	-397
	1,002	890	112
	3,378	2,863	515
	5,746	6,010	-264
	507	477	30
	922	1,022	-100
	4,443	6,713	-2,270
	1,999	2,226	-227
	3,632	5,075	-1,443
	5,281	6,207	-926
	3,063	4,132	-1,069
	3,089	3,549	-460
	4,107	3,702	405
	2,470	2,033	437
	1,269	2,016	-747
	3,017	3,093	-76
	4,188	3,680	508
	207	178	29
	3,246	2,530	716
	4,677	10,989	-6,312
	1,239	846	393
	1,210	846	364
	3,910	8,189	-4,279
	3,315	3,103	212
	4,024	7,144	-3,120
	3,234	3,140	94
	1,463	2,073	-610
	1,359	1,681	-322
	1,434	1,624	-190
	6,051	4,764	1,287
	568	529	39
	548	338	210
	1,579	1,673	-94
	3,219	2,667	552
	3,761	2,914	847
	4,527	3,066	1,461
	2,547	2,943	-396
	2,547	3,004	-457
	3,092	942	2,150
	1,284	1,200	84
	1,296	1,193	103
	2,267	2,007	260
	1,076	1,187	-111
	2,130	1,930	200
	1,278	1,170	108
	3,237	2,833	404
	451	396	55
	5,488	4,855	633
	16,465	18,338	-1,873
	1,804	1,622	182
	1,100	512	588
	1,887	1,440	447
	2,346	2,361	-15
	5,788	4,735	1,053
	1,044	916	128
	3,627	3,169	458
	3,635	3,096	539
	1,791	2,078	-287
	1,969	2,050	-81
	1,497	1,322	175
	3,337	3,913	-576
	2,001	2,344	-343
	735	259	476
	3,333	956	2,377
	5,290	3,874	1,416
	1,626	1,459	167
	2,266	1,938	328
	1,158	978	180
	1,801	1,420	381
	3,265	2,533	732
	3,118	3,811	-693
	3,809	4,047	-238
	5,102	4,731	371
	21	21
	687	641	46
	1,440	1,227	213
	2,035	1,530	505
	739	741	-2
	6,066	5,878	188
	3,179	7,676	-4,497
	4,523	5,114	-591
	696	699	-3
	3,511	3,201	310
	3,035	2,157	878
	2,898	3,337	-439
	1,633	1,158	475
	1,746	1,893	-147
	124	131	-7
	1,174	1,612	-438
	1,460	1,229	231
	3,080	1,484	1,596
	697	263	434
	3,924	2,821	1,103
	1,000	1,008	-8
	2,515	2,374	141
	2,904	2,499	405
	4,253	5,994	-1,741
	3,326	4,192	-866
	1,123	924	199
	5	7	-2
	1	1
	38	40	-2
	186	245	-59
	1,014	1,240	-226
	5,044	5,555	-511
	2,728	3,090	-362
	5,245	2,607	2,638
	4,594	4,998	-404
	3,104	2,851	253
	6,725	7,027	-302
	1,847	1,781	66
	2,287	2,524	-237
	585	930	-345
	5,363	6,969	-1,606
	10,271	8,861	1,410
	1,353	1,143	210
	4,179	4,019	160
	1,269	1,337	-68
	264	327	-63
	7,037	7,535	-498
	754	944	-190
	1,146	1,342	-196
	4,353	3,993	360
	1,089	1,081	8
	1,141	1,265	-124
	14,747	16,773	-2,026
	2,743	2,817	-74
	6,122	6,360	-238
	1,556	1,825	-269
	778	774	4
	2,341	2,819	-478
	3,093	3,549	-456
	1,138	1,130	8
	928	528	400
	5,219	5,357	-138
	1,476	1,555	-79
	12,326	11,863	463
	6,362	5,117	1,245
	3,139	3,036	103
	58	38	20
	1,156	602	554
	2,029	965	1,064
	1,207	492	715
	2,706	877	1,829
	631	586	45
	2,807	2,791	16
	1,987	2,146	-159
	1,439	1,214	225
	3,542	3,163	379
	3,646	4,922	-1,276
	2,872	3,141	-269
	3,058	3,406	-348
	2,957	2,535	422
	2,024	1,534	490
	1,008	730	278
	1,278	1,320	-42
	409	422	-13
	1,636	1,812	-176
	3,123	3,084	39
	1,678	1,347	331
	1,131	990	141
	541	400	141
	2,791	2,750	41
	1,441	1,360	81
	2,772	2,945	-173
	4,286	8,768	-4,482
	3,766	3,928	-162
	1,483	2,549	-1,066
	656	830	-174
	459	850	-391
	2,025	3,763	-1,738
	4,936	5,946	-1,010
	3,394	3,372	22
	1,310	1,236	74
	2,608	2,518	90
	2,615	2,625	-10
	2,244	3,729	-1,485
	2,265	4,966	-2,701
	4,233	4,828	-595
	1,196	864	332
	3,154	2,536	618
	3,178	3,698	-520
	3,167	3,199	-32
	822	753	69
	1,516	1,191	325
	2,816	2,116	700
	3,439	3,383	56
	3,459	2,929	530
	7,540	4,033	3,507
	16	11	5
	11,164	8,703	2,461
	1,232	895	337
	4,413	5,258	-845
	2,618	2,921	-303
	2,018	2,264	-246
	9,396	9,681	-285
	840	1,000	-160
	445	531	-86
	463	463
	2,501	3,013	-512
	4,876	2,618	2,258
	3,544	3,706	-162
	3,610	4,128	-518
	769	866	-97
	446	691	-245
	1,412	2,199	-787
	5,419	5,811	-392
	681	700	-19
	2,042	2,251	-209
	4,242	4,671	-429
	3,218	3,721	-503
	5,901	12,287	-6,386
	3,483	2,868	615
	3,339	2,790	549
	4,358	3,356	1,002
	1,901	1,823	78
	1,528	1,349	179
	2,768	2,968	-200
	3,414	3,918	-504
	3,803	4,217	-414
	5,205	4,746	459
	3,982	3,852	130
	2,589	3,177	-588
	899	1,204	-305
	2,214	2,248	-34
	685	717	-32
	1,195	1,334	-139
	2,247	2,019	228
	1,208	1,027	181
	1,314	851	463
	2,786	4,315	-1,529
	2,655	1,940	715
	4,519	5,217	-698
	5,907	5,685	222
	11,751	12,387	-636
	1,557	1,390	167
	6,154	5,371	783
	3,928	4,848	-920
	6,600	7,608	-1,008
	1,171	914	257
	1,922	2,090	-168
	466	359	107
	3,066	2,452	614
	5,177	4,724	453
	56,017	18,155	37,862
	3,456	3,001	455
	390	366	24
	3,725	5,457	-1,732
	1,925	1,581	344
	4,521	6,413	-1,892
	2,439	2,752	-313
	919	994	-75
	1,717	2,615	-898
	1,828	1,965	-137
	1,936	1,889	47
	1,017	1,138	-121
	2,785	2,920	-135
	1,560	2,004	-444
	1,034	1,299	-265
	293	313	-20
	3,721	2,744	977
	1,163	994	169
	748	621	127
	2,430	1,982	448
	1,127	861	266
	2,463	1,674	789
	2,889	2,708	181
	362	328	34
	11,517	9,616	1,901
	1,373	1,217	156
	1,046	850	196
	4,913	4,297	616
	4,091	5,128	-1,037
	3,606	4,075	-469
	2,341	1,907	434
	681	544	137
	2,750	2,203	547
	431	344	87
	1,934	1,566	368
	2,676	2,362	314
	1,198	890	308
	3,840	3,387	453
	1,787	1,329	458
	2,429	1,568	861
	2,427	2,650	-223
	2,923	3,310	-387
	2,718	3,001	-283
	930	847	83
	3,469	2,726	743
	945	610	335
	424	505	-81
	1,804	1,231	573
	3,084	4,673	-1,589
	1,008	1,019	-11
	909	970	-61
			25

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			-329
b			-729
c			19
d			-3,162
e			-14
			25
			2
			-446
			656
			166
			-57
			121
			113
			-53
			109
			2,029
			2,737
			-216
			-227
			197
			-397
			112
			515
			-264
			30
			-100
			-2,270
			-227
			-1,443
			-926
			-1,069
			-460
			405
			437
			-747
			-76
			508
			29
			716
			-6,312
			393
			364
			-4,279
			212
			-3,120
			94
			-610
			-322
			-190
			1,287
			39
			210
			-94
			552
			847
			1,461
			-396
			-457
			2,150
			84
			103
			260
			-111
			200
			108
			404
			55
			633
			-1,873
			182
			588
			447
			-15
			1,053
			128
			458
			539
			-287
			-81
			175
			-576
			-343
			476
			2,377
			1,416
			167
			328
			180
			381
			732
			-693
			-238
			371

			46
			213
			505
			-2
			188
			-4,497
			-591
			-3
			310
			878
			-439
			475
			-147
			-7
			-438
			231
			1,596
			434
			1,103
			-8
			141
			405
			-1,741
			-866
			199
			-2

			-2
			-59
			-226
			-511
			-362
			2,638
			-404
			253
			-302
			66
			-237
			-345
			-1,606
			1,410
			210
			160
			-68
			-63
			-498
			-190
			-196
			360
			8
			-124
			-2,026
			-74
			-238
			-269
			4
			-478
			-456
			8
			400
			-138
			-79
			463
			1,245
			103
			20
			554
			1,064
			715
			1,829
			45
			16
			-159
			225
			379
			-1,276
			-269
			-348
			422
			490
			278
			-42
			-13
			-176
			39
			331
			141
			141
			41
			81
			-173
			-4,482
			-162
			-1,066
			-174
			-391
			-1,738
			-1,010
			22
			74
			90
			-10
			-1,485
			-2,701
			-595
			332
			618
			-520
			-32
			69
			325
			700
			56
			530
			3,507
			5
			2,461
			337
			-845
			-303
			-246
			-285
			-160
			-86

			-512
			2,258
			-162
			-518
			-97
			-245
			-787
			-392
			-19
			-209
			-429
			-503
			-6,386
			615
			549
			1,002
			78
			179
			-200
			-504
			-414
			459
			130
			-588
			-305
			-34
			-32
			-139
			228
			181
			463
			-1,529
			715
			-698
			222
			-636
			167
			783
			-920
			-1,008
			257
			-168
			107
			614
			453
			37,862
			455
			24
			-1,732
			344
			-1,892
			-313
			-75
			-898
			-137
			47
			-121
			-135
			-444
			-265
			-20
			977
			169
			127
			448
			266
			789
			181
			34
			1,901
			156
			196
			616
			-1,037
			-469
			434
			137
			547
			87
			368
			314
			308
			453
			458
			861
			-223
			-387
			-283
			83
			743
			335
			-81
			573
			-1,589
			-11
			-61

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	21,824
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . .		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2009	178,071	5,382,483	0.033083
2008	396,461	6,766,196	0.058594
2007	328,243	7,997,636	0.041043
2006	279,532	7,604,176	0.03676
2005	308,124	7,460,746	0.041299

2	Total of line 1, column (d) ......................	2	0.21078
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	0.042156
4	Enter the net value of noncharitable-use assets for 2010 from Part X, line 5.....	4	5,849,398
5	Multiply line 4 by line 3.......................	5	246,587
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	1,091
7	Add lines 5 and 6.........................	7	247,678
8	Enter qualifying distributions from Part XII, line 4..............	8	316,772
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions on page 18.

Form 990-PF (2010)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	1,091
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2............................	3	1,091
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	1,091
6	Credits/Payments:

a	2010 estimated tax payments and 2009 overpayment credited to 2010	6a	1,784
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	1,784
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	693
11	Enter the amount of line 10 to be: Credited to 2011 estimated tax273	Refunded	11	420

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.

Yes

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

instructions) bullet

If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on

page 27)? If “Yes,” complete Part XIV...........................

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

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......

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

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

Yes

Website address bullet

The books are in care of bullet

US BANK NATIONAL ASSOCIATION Telephone no. bullet

(612) 303-3208

Located at bullet

800 NICOLLET MALLMINNEAPOLISMN ZIP+4 bullet

55402

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

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

At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over

a bank, securities, or other financial account in a foreign country? .................

See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet

Form 990-PF (2010)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check “No”

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2010?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2010, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2010?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........

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

20, 20, 20, 20

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

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

If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2010.)....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

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

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

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

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...YesNo

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

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

If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?

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

If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

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

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

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

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

If “Yes” to 6b, file Form 8870.

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

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

Form 990-PF (2010)

Page 6

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
U S BANK NA	CORPORATE TRUSTEE 8	77,334
101 EAST 5TH STREET ST PAUL,MN55101	CORPORATE TRUSTEE 8	77,334

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...................				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............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1


2


3


4

Form 990-PF (2010)

Page 7

Part IX-B

Summary of Program-Related Investments (see page 23 of the instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


All other program-related investments. See page 24 of the instructions.
3

Total. Add lines 1 through 3........................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see page 24 of the instructions.)

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

purposes:

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

5,772,919

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

165,556

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

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

5,938,475

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

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

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

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

5,938,475

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

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

89,077

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

5,849,398

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

292,470

Part XI

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

and do not complete this part.)

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

292,470

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

1,091

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

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

1,091

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

291,379

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

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

291,379

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

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

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

291,379

Part XII

Qualifying Distributions (see page 25 of the instructions)

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

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

316,772

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

316,772

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

1,091

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

315,681

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2010)

Page 8

Part XIII

Undistributed Income (see page 26 of the instructions)

		(a) Corpus	(b) Years prior to 2009	(c) 2009	(d) 2010
1 Distributable amount for 2010 from Part XI, line 7					291,379
2 Undistributed income, if any, as of the end of 2010:
a Enter amount for 2009 only.......				70,724
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2010:
a From 2005.......	0
b From 2006.......	0
c From 2007.......	0
d From 2008.......	0
e From 2009.......	0
fTotal of lines 3a through e.........		0
4Qualifying distributions for 2010 from Part
XII, line 4: $ 316,772
a Applied to 2009, but not more than line 2a				70,724
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.....					246,048
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 ..........					45,331
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....	0
b Excess from 2007....	0
c Excess from 2008....	0
d Excess from 2009....	0
e Excess from 2010....	0

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 section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2010	(b) 2009	(c) 2008	(d) 2007	(e) Total

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).)

NONE

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

NONE

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

Check here bullet

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

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

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

cAny submission deadlines:

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

Form 990-PF (2010)

Page 10

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
FRIENDS OF THE MINNESOTA SINFONIA C/O RAPHAEL FISHMAN 301 NORTH THIRD STREET 112 MINNEAPOLIS,MN554011022	NONE	N/A	GENERAL	10,000
MINNESOTA OPERA COMPANY 620 NORTH FIRST STREET MINNEAPOLIS,MN55401	NONE	N/A	GENERAL	7,500
THE MINNESOTA ORCHESTRAL ASSOCIATION 1111 NICOLLET MALL MINNEAPOLIS,MN554032477	NONE	N/A	GENERAL	7,500
MUSIC IN THE PARK SERIES 2225 DOSWELL AVENUE ST PAUL,MN55108	NONE	N/A	GENERAL	5,000
THE ROSE ENSEMBLE 314 LANDMARK CENTER ST PAUL,MN55102	NONE	N/A	GENERAL	10,000
SAINT PAUL CHAMBER ORCHESTRA 408 ST PETER STREET ST PAUL,MN551021497	NONE	N/A	GENERAL	25,000
THE SCHUBERT CLUB 75 W FIFTH ST 302 LANDMARK CENTER ST PAUL,MN55102	NONE	N/A	GENERAL	15,000
SIGHT & HEARING ASSOCIATION 674 TRANSFER ROAD ST PAUL,MN551141402	NONE	N/A	GENERAL	15,000
ORDWAY CENTER FOR THE PERFORMING ARTS 345 WASHINGTON STREET ST PAUL,MN551021495	NONE	N/A	GENERAL	5,000
REGIONS HOSPITAL FOUNDATION 640 JACKSON STREET ST PAUL,MN551012595	NONE	N/A	GENERAL	10,000
SAINT PAUL CONSERVATORY OF MUSIC 29 EAST EXCHANGE ST ST PAUL,MN55101	NONE	N/A	COFFEE CONCERT SERIES	4,000
MCPHAIL CENTER FOR MUSIC 501 SOUTH SECOND STREET MINNEAPOLIS,MN55401	NONE	N/A	CHAMBER MUSIC PROGRAM	10,000
GREATER TWIN CITIES YOUTH SYMPHONIES 528 HENNEPIN AVENUE SUITE 404 MINNEAPOLIS,MN55403	NONE	N/A	GENERAL	5,000
CHILDREN'S HOSPITAL ASSOCIATION C/O DIANE SWANSON 347 N SMITH AVE 501 ST PAUL,MN55102	NONE	N/A	GENERAL OPERATIONS	5,000
FRIENDS OF ARTARIA STRING QUARTET 205 WATER STREET S NORTHFIELD,MN55057	NONE	N/A	GENERAL	6,000
UNITED HOSPITAL FOUNDATION 333 NORTH SMITH AVENUE ST PAUL,MN55101	NONE	N/A	GENERAL	20,000
MINNESOTA YOUTH SYMPHONIES 790 CLEVELAND AVE S STE 203 ST PAUL,MN55116	NONE	N/A	GENERAL	5,000
GILDA'S CLUB TWIN CITIES 5115 EXCELSIOR BLVD 448 MINNEAPOLIS,MN55416	NONE	N/A	GENERAL	20,000
MINNESOTA MEDICAL FOUNDATION 200 OAK ST SE SUITE 300 MINNEAPOLIS,MN55116	NONE	N/A	EYE RESEARCH STUDY	50,000
CHILDREN'S HOSPITAL AND CLINCS C/O DR ALAN GOLDBLOOM 2910 CENTRE POINTE DRIVE ROSEVILLE,MN55113	NONE	N/A	FINAL INSTALLMENT OF 2008 CAPITAL GRANT	33,000
HEALTHEAST FOUNDATION C/O LINDA KAY SMITH 1690 UNIVERSITY AVE W SUITE 250 ST PAUL,MN551043729	NONE	N/A	SURVIVORSHIP SERVICES PROGRAM	15,000
Total ................................. 3a				283,000

bApproved for future payment

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

Form 990-PF (2010)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3Interest on savings and temporary cash investments			14	3
4 Dividends and interest from securities....			14	151,459
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	21,824
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aFEDERAL TAX REFUND			01	2,055
bCLASS ACTION SETTL			01	152
cFOREIGN EXCH GAIN			01	10
d
e
12 Subtotal. Add columns (b), (d), and (e)..				175,503

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

13175,503

(See worksheet in line 13 instructions on page 28 to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See page 28 of the instructions.)

Form 990-PF (2010)

Page 12

Part XVII

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

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

Yes

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

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If “Yes,” complete the following schedule.

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

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.

	Signature of officer or trustee	Date	Title

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

Form 990-PF (2010)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Bond	End of Year Book Value	End of Year Fair Market Value
FIRST AMER INTERMEDIATE BD FD	194,108	196,348
FIRST AMER TOTAL RETURN BD FD	100,000	106,225
FIRST AMER HIGH INCOME BD FD	90,000	98,242
ISHARES TR IBOXX H Y CORP BD	86,846	90,290
SPDR BARCLAYS CAP INTL TREAS	176,547	175,380
AMERICAN CENTURY INTL BD FDS	180,000	166,033

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
ACCRUED INCOME	3,277	3,332	3,332
WASH SALE ADJUSTMENTS	6,693	3,307	3,307

Description	Amount
ROUNDING DIFFERENCES	6
2009 WASH SALE ADJUST FOR ASSETS SOLD	1,354

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
OTHER NONALLOCABLE EXPENSES	134	134	0
FILING FEE	25	0	25
ENHANCED GRANT ADMIN FEE	16,980	0	16,980

Category	Amount	Net Investment Income
FOREIGN TAXES	1,297	1,297
FEDERAL TAX	1,338	0
FOREIGN TAXES ON QUALIFIED FOR	359	359
FOREIGN TAXES ON NONQUALIFIED	24	24

Name of Stock	End of Year Book Value	End of Year Fair Market Value
GENERAL ELEC CO	36,415	78,409
BEST BUY INC COM	84,205	167,610
GENERAL MILLS INC	120,266	213,540
JOHNSON & JOHNSON COM	30,289	104,465
KIMBERLY CLARK CORP COM	2,960	3,026
PEPSICO INC COM	18,128	30,248
PFIZER INC COM	13,080	21,975
PROCTER & GAMBLE CO COM	31,486	121,326
MEDTRONIC INC	166,733	135,972
EXXON MOBIL CORP COM	48,890	206,052
INTERNATIONAL BUSINESS MACHS	65,995	171,122
3M CO COM	132,273	440,130
AMERICAN EXPRESS CO	4,521	5,408
WELLS FARGO & CO NEW COM	36,850	166,664
FPL GROUP INC COM
AMGEN INC	5,210	5,106
CONOCOPHILLIPS	94,482	195,856
VERIZON COMMUNICATIONS	68,031	72,383
AT & T INC	135,208	121,633
ILLINOIS TOOL WKS INC	103,380	122,713
UNITED HEALTH GROUP INC	157,496	112,158
BANK OF AMERICA CORP	80,453	19,516
QUALCOMM INC	98,979	114,767
T ROWE PRICE INTL GR&INC ADV	100,000	89,859
ABBOTT LABORATORIES	24,022	21,464
AFLAC INC	14,155	14,164
AIR PRODS CHEMICALS INC	2,181	3,274
ANADARKO PETE CORP	7,757	9,139
APACHE CORP	8,411	10,373
APPLE INC	16,841	29,030
APPLIED MATLS INC
ARCHER DANIELS MIDLAND CO	7,366	7,370
BECTON DICKINSON & CO	14,481	14,115
BOSTON PPTYS INC	1,230	2,497
BOSTON SCIENTIFIC CORP
BROADCOM CORP CL A	5,247	8,275
CVS/CAREMARK CORP	4,352	4,798
CATERPILLAR INC	7,668	13,019
CHEVRON CORPORATION	12,876	12,410
CISCO SYS INC	1,384	1,902
DEVON ENERGY CORP	8,107	8,872
DISNEY WALT CO	2,021	2,288
EMERSON ELEC CO
EXPRESS SCRIPTS INC	2,854	4,973
FUJIFILM HLDGS ADR	8,830	11,365
GENERAL DYNAMICS CORP	13,498	17,882
GILEAD SCIENCES INC
GOLDMAN SACHS GROUP INC	6,460	8,072
GOOGLE INC CL A	18,914	19,601
HEWLETT PACKARD CO	5,318	4,673
INTEL CORP	2,341	2,482
INTUITIVE SURGICAL INC	2,038	2,062
J P MORGAN CHASE CO	8,725	9,799
JUNIPER NETWORKS INC	4,736	5,427
KINDER MORGAN MANAGEMENT LLC	14,260	22,830
LOWES COS INC
MCGRAW-HILL COS INC	8,398	7,428
MCCORMICK CO INC	11,885	15,494
MCDONALDS CORP	15,481	21,416
MERCK & CO INC	7,468	7,965
METLIFE INC	5,004	6,977
MICROSOFT CORP	18,735	16,886
MONSANTO CO
NIKE INC CL B
NUCOR CORP
OCCIDENTAL PETE CORP	9,221	11,772
PRAXAIR INC	13,183	14,225
P G E CORP	5,749	6,411
P N C FINANCIAL SERVICES GROUP	5,881	8,865
PUBLIC SVC ENTERPRISE GROUP	1,900	1,750
SOUTHWESTERN ENERGY CO
STAPLES INC	2,467	2,527
SYSCO CORP
T J X COS INC	3,343	4,839
TARGET CORPORATION	34,436	312,496
THERMO FISHER SCIENTIFIC INC	1,456	2,657
TRANSOCEAN LTD
TRAVELERS COS INC	62,568	119,052
UNION PACIFIC CORP	4,844	7,135
UNITED TECHNOLOGIES CORP	20,085	21,333
V F CORP	10,870	13,703
VISA INC CLASS A
WAL MART STORES INC	17,582	18,983
WASTE MGMT INC DEL	2,295	3,134
X T O ENERGY INC
XILINX INC	7,371	8,433
A X A ADR
ABB LTD ADR	9,203	7,319
ACE LTD
AGRIUM INC	8,550	10,551
ANGLO AMERICAN PLC ADR	5,855	4,935
ASTRAZENECA PLC SPSD ADR	7,403	7,298
ATLAS COPCO AB ADR CL B	3,793	6,353
B H P BILLITON LIMITED ADR	2,205	5,204
BANCO SANTANDER CENT HISP ADR
BOC HONG KONG HLDGS ADR	3,648	5,680
BRITISH AMERN TOB PIC	14,337	15,929
DBS GROUP HLDGS LTD	9,396	9,123
DIAGEO PLC SPONSORED ADR
E.ON A G ADR
FOMENTO ECONOMICO MEXICANO ADR	4,166	6,151
FRANCE TELECOM SPSD ADR
GLAXO SMITHKLINE PLC ADR	5,173	5,726
HONDA MTR LTD ADR	5,591	6,518
KEPPEL CORP LTD SPONS ADR	17,764	17,385
KONINKLIJKE (ROYAL) KPN ADR	5,815	4,665
MITSUBISHI FINL GRP ADR
NATIONAL GRID PIC SP ADR	2,414	2,441
NESTLE S A SPONSORED ADR	18,911	24,528
NOVARTIS A G ADR	11,125	12,262
PETROLEO BRASILEIRO SPSD ADR	11,897	8,303
ROCHE HLDG LTD SPONSORED ADR	5,181	4,398
RWE AG SPONSORED ADR
SANOFI AVENTIS ADR	4,329	3,964
SCHLUMBERGER LTD	9,601	11,189
SIEMENS A G ADR	5,169	6,337
STATOIL ASA ADR
TELEFONICA SA SPON ADR	6,109	5,132
TOKIO MARINE HOLDINGS ADR	6,364	6,216
TOTAL S A ADR	13,387	8,396
TOYOTA MTR CORP ADR
TURKCELL LLETISIM HIZMET ADR	13,532	8,565
UNILEVER PLC SPSD ADR	5,734	8,060
ZURICH FINANCIAL SERVICES ADR	2,729	3,573
T ROWE PRICE GROUP INC	11,494	15,296
ISHARES DOW JONES REG BK IN FD	5,328	6,284
TECHNOLOGY SELECT SECTOR SPDR	63,510	75,570
AMAZON COM INC	4,684	6,480
AMERICAN ELECTRIC POWER CO INC	4,287	5,757
AVALONBAY CMNTYS INC	2,104	4,502
AVON PRODS INC
BUCKLE INC	10,290	13,748
BRISTOL-MYERS SQUIBB CO
CAPITAL ONE FINANCIAL CORP
CENTRAL EUROPEAN DISTR CORP	3,935	3,595
CERNER CORPORATION
COACH INC	2,743	5,365
COLGATE PALMOLIVE CO	9,803	12,538
CREE INC
CUMMINS INC	2,684	6,051
D R HORTON INC
DOMINION RESOURCES INC	8,967	11,705
FIFTH THIRD BANCORP	3,015	4,257
FREEPORT MCMORAN COPPER	3,244	7,205
FS NETWORKS INC
HALLIBURTON CO
HARLEY DAVIDSON INC
HESS CORP	7,619	9,797
INTERNATIONAL GAME TECHNOLOGY
KELLOGG CO	3,123	3,014
L-3 COMMUNICATIONS HLDGS INC	9,938	9,093
LAS VEGAS SANDS CORP	2,569	4,549
LINCOLN NATL CORP IND	2,000	2,559
MICRON TECHNOLOGY INC
NORTHERN TR CORP	2,471	2,881
ORACLE CORPORATION	12,458	14,555
OWENS & MINOR INC
PACCAR INC	1,917	2,810
PRUDENTIAL FINANCIAL INC	6,132	8,924
PULTE HOMES INC
SALESFORCE COM INC	4,276	8,052
SCHWAB CHARLES CORP	2,811	2,960
SOUTHERN CO
STARWOOD HOTELS & RESORTS	3,654	6,747
UNITED STATES STEEL CORP	6,296	8,354
VORNADO REALTY TRUST	2,714	3,667
WATERS CORP
WHOLE FOODS MKT INC	1,432	2,580
ALCATEL LUCENT ADR
ALCON INC
ARCELORMITTAL NY REGISTERED
ASMI HOLDING NV NY REG SHS	4,810	6,249
BARCLAYS PLC ADR	5,895	4,708
CANON INC SPONS ADR	6,292	8,368
CARNIVAL CORP	2,835	4,934
CENTRAL EUROPEAN MEDIA ENT A
COVIDIEN PLC	3,571	4,109
DESARROLLADORA HOMEX ADR	5,876	7,506
ERICSSON TEL SP ADR	2,563	3,079
INTESA SANPAOLO ADR
INVESCO LTD	3,253	3,465
LUKOIL SPON ADR	4,629	5,550
MITSUI & CO LTD SPSD ADR	5,636	8,193
MTN DROUP LTD ADR
NATIONAL BANK OF GREECE ADR
RIO TINTO PLC ADR
RIO TINTO PLC ADR
NISSAN MTR LTD SPONS ADR	6,983	7,508
ORIX CORP SPONS ADR	3,278	4,768
SANOFI AVENTIS ADR	8,178	10,281
SHIRE PLC ADR
SOCIETE GENERALE FRANCE ADR	7,994	6,435
STERLITE INDS INDIA ADS
TAIWAN SEMICONDUCTOR MFG ADR
TENARIS SA ADR
TEVA PHARMACEUTICAL INDS ADR
THOMPSON CREEK METALS CO	6,905	8,685
TOTAL SA ADR
TYCO INTERNATIONAL LTD	1,796	2,196
VALE SA SP ADR	10,975	11,816
WEATHERFORD INTERNATIONAL LTD
FIRST AMER MID CAP INDEX FD	180,000	234,269
ISHARES MSCI EMERGING MKTS ETF	102,375	119,105
NEUBERGER BERMAN GENESIS FD	100,000	128,201
MASTERCARD INC	3,297	4,258
MCKESSON CORPORATION
AGILENT TECHNOLOGIES INC	2,890	2,859
ALLERGAN INC	5,227	5,494
ALTERA CORP	4,450	4,305
ARUBA NETWORKS INC	1,456	1,420
AUTODESK INC	2,804	2,827
BIOGEN IDEC INC	4,187	4,358
BOEING CO	2,055	2,284
BORG WARNER INC	2,012	2,460
CB RICHARD ELLIS GROUP INC	3,072	4,424
CELANESE CORP SER A	3,333	4,035
CF INDUSTRIES HOLDINGS INC	4,781	5,541
CHIPOTLE MEXICAN GRILL CL A	1,875	1,701
CIMAREX ENERGY CO	5,190	6,463
CITIGROUP INC	7,020	7,653
CLIFFS NATURAL RESOURCES	2,528	3,588
COGNIZANT TECH SOLUTIONS CL A	4,386	6,743
CONCHO RES INC	4,053	5,874
CSX CORP	3,679	4,717
DANAHER CORP	3,223	3,679
EMERGENCY MEDICAL SERVICES A	1,804	2,132
FASTENAL CO	3,846	4,314
FORTINET INC	1,423	1,520
FRONTIER COMMUNICATIONS CORP	4,187	4,437
F5 NETWORKS INC	4,438	7,940
FED EX CORP	9,019	9,394
GENERAL MOTORS CO	4,276	4,571
GUESS INC	3,927	5,111
ILLUMINA INC	1,516	1,584
INTERCONTINENTAL EXCHANGE INC	4,614	4,528
KEYCORP NEW	1,776	2,266
KRAFT FOODS	2,781	2,993
LAM RESEARCH CORP	2,786	3,625
LINEAR TECHNOLOGY CORP	7,319	9,063
LUBRIZOL CORP	12,565	12,291
LULULEMON ATHLETICA INC	1,455	1,505
MANPOWER INC	2,521	2,824
MEAD JOHNSON NUTRITION CO	4,344	5,976
NATIONAL OILWELL VARCO INC	2,333	3,632
NETAPP INC	6,215	7,090
NETLOGIC MICROSYSTEMS INC	5,879	6,219
NEXTERA ENERGY INC	36,024	91,970
PARKER HANNIFIN CORP	2,228	3,021
PEABODY ENERGY CORP	6,526	8,957
ONEOK INC	12,595	12,980
PRECISION CASTPARTS CORP	2,315	2,227
REYNOLDS AMERICAN INC	2,592	2,675
SANDISK CORP	2,447	3,291
SEMPRA ENERGY	4,153	4,408
STARBUCKS CORP	4,647	5,655
TUPPERWARE BRANDS CORP	12,516	12,394
UNIVERSAL HEALTH SVCS INC	3,424	3,691
VARIAN SEMICONDUCTOR EQUIP	3,787	3,771
WALTER ENERGY INC	2,354	3,068
ACCENTURE PLC CL A	2,224	2,473
ANHEUSER BUSCH INBEV NV ADR	3,821	3,482
B A S F AG ADR	7,040	8,636
B H P BILLITON PLC SPSD ADR	3,861	3,945
B N P PARIBAS SA ADR	6,539	6,198
B T GROUP PLC ADR	7,147	7,355
BAIDU COM INC ADR	2,505	3,475
BANCO BRADESCO ADR	3,455	3,815
BAYERISCHE MOTOREN WERKE ADR	6,751	8,114
CENTRICA PLC ADR	3,580	3,426
CNOOC LTD ADR	3,642	5,244
COMPANHIA BRASILEIRA ADR	2,249	2,393
FOCUS MEDIA HOLDING ADR	3,199	4,430
GOLDCORP INC	5,941	6,253
HSBC HOLDINGS PLC SPONS ADR	3,672	3,573
INFINEON TECHNOLOGIES AG ADR	3,788	3,743
INTERCONTINENTAL HTLS PISPONS	3,461	3,788
ITAU UNIBANCO HOLDINGS SA ADR	4,723	4,682
LVMH MOET HENNESSY ADR	2,910	2,950
ROGERS COMMUNICATIONS INC CL B	1,896	2,112
ROYAL CARIBBEAN CRUISES LTD	2,739	3,008
ROYAL DUTCH SHELL PLC ADR	3,713	3,873
SWISS REINSURANCE CO SPSD ADR	3,766	4,083
UBS AG REG	3,294	3,245
VODAFONE GROUP PLC ADR	5,514	5,737
VOLVO AB SPONSORED ADR	5,650	7,519

Description	Revenue And Expenses Per Books	Net Investment Income
CLASS ACTION SETTLE	152	152
FEDERAL TAX REFUND	2,055	0
FOREIGN EXCHANGE GAIN	10	10