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
F DEAN ADAMS TRUST FUND
 

Number and street (or P.O. box number if mail is not delivered to street address)1525 W WT HARRIS BLVD D1114-044   Room/suite
City or town, state, and ZIP code
CHARLOTTE, NC28288
A Employer identification number

22-6058816
B Telephone number (see page 10 of the instructions)

(336) 747-8203
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$1,426,529J 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...... 44,542 43,022  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 196
b Gross sales price for all assets on line 6a 220,480
7 Capital gain net income (from Part IV, line 2)... 196
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).......      
12 Total. Add lines 1 through 11........ 44,738 43,218  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 25,126 18,845   6,282
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
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) Click to see attachment 609 424   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)....... Click to see attachment 2 2    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 25,737 19,271 0 6,282
25 Contributions, gifts, grants paid........ 87,708 87,708
26 Total expenses and disbursements. Add lines 24 and 25 113,445 19,271 0 93,990
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -68,707
b Net investment income (if negative, enter -0-) 23,947
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 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............... 0    
2 Savings and temporary cash investments.......... 11,191 26,450 26,450
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0 0    
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 0    
b Investments—corporate stock (attach schedule)........ 0 Click to see attachment1,414,343 1,400,079
c Investments—corporate bonds (attach schedule)........ 0    
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet   0    
12 Investments—mortgage loans.............. 0    
13 Investments—other (attach schedule)........... 1,500,937   0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) 0    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,512,128 1,440,793 1,426,529
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
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......... 1,515,550 1,440,793
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds -3,422  
30 Total net assets or fund balances (see page 17 of the
instructions).................... 1,512,128 1,440,793
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 1,512,128 1,440,793
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 1,512,128
2 Enter amount from Part I, line 27a...................... 2 -68,707
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 1,443,421
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 2,628
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 1,440,793
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 20. FORD MTR CO DEL COM   2009-11-10 2010-01-07
b 22. DELTA AIR LINES INC   2009-10-16 2010-01-08
c 15. THE DIRECTV GROUP   2009-10-06 2010-01-08
d 35. MOTOROLA INC COM W/RTS ATTACHED EXP 11/8/2008   2009-09-16 2010-01-08
e 158. MATTEL INC COM W/RIGHTS ATTACHED EXP 2/17/2002   2008-06-11 2010-01-12
7. TEXAS INSTRS INC COM   2009-12-01 2010-01-12
27. TEXAS INSTRS INC COM   2009-12-02 2010-01-12
30. TEXAS INSTRS INC COM   2009-11-27 2010-01-13
32. TEXAS INSTRS INC COM   2009-11-30 2010-01-14
54. EBAY INC COM   2009-10-06 2010-01-20
7. SUNCOR ENERGY INC NEW F   2009-05-18 2010-01-21
7. SUNCOR ENERGY INC NEW F   2009-05-18 2010-01-22
10. SUNCOR ENERGY INC NEW F   2009-05-15 2010-01-25
20. SUNCOR ENERGY INC NEW F   2009-05-15 2010-01-26
8. BEST BUY INC COM   2009-10-21 2010-01-27
9. BEST BUY INC COM   2009-10-20 2010-01-27
10. BEST BUY INC COM   2009-09-22 2010-01-28
15. FREEPORT MCMORAN COPPER & GOLD CL B W/RTS ATTACHED EXP 5/3/2010   2009-07-17 2010-01-28
10. BEST BUY INC COM   2009-09-21 2010-01-29
9. BEST BUY INC COM   2009-09-24 2010-01-29
93. MOTOROLA INC COM W/RTS ATTACHED EXP 11/8/2008   2009-09-17 2010-01-29
33. YAHOO INC COM W/RIGHTS ATTACHED EXP 3/1/2011   2009-10-07 2010-01-29
10. BEST BUY INC COM   2009-09-24 2010-02-01
5. MICROSOFT CORP COM   2009-10-23 2010-02-01
141. MOTOROLA INC COM W/RTS ATTACHED EXP 11/8/2008   2009-11-11 2010-02-01
15. QUALCOMM INC COM W/RTS ATTACHED   2009-11-05 2010-02-01
6. QUALCOMM INC COM W/RTS ATTACHED   2008-09-22 2010-02-01
61. YAHOO INC COM W/RIGHTS ATTACHED EXP 3/1/2011   2009-10-07 2010-02-01
149. MOTOROLA INC COM W/RTS ATTACHED EXP 11/8/2008   2009-10-06 2010-02-02
60. YAHOO INC COM W/RIGHTS ATTACHED EXP 3/1/2011   2009-09-18 2010-02-02
10. QUALCOMM INC COM W/RTS ATTACHED   2009-11-05 2010-02-05
15. QUALCOMM INC COM W/RTS ATTACHED   2009-03-18 2010-02-08
5. QUALCOMM INC COM W/RTS ATTACHED   2008-11-07 2010-02-08
6. AIR PRODS & CHEMICALS INC COM W/ RTS TO PURCHASE PFD SHS EXP   2009-10-16 2010-02-18
8. AIR PRODS & CHEMICALS INC COM W/ RTS TO PURCHASE PFD SHS EXP   2009-10-21 2010-02-22
7. AIR PRODS & CHEMICALS INC COM W/ RTS TO PURCHASE PFD SHS EXP   2009-10-21 2010-02-24
10. INGERSOLL-RAND PLC   2009-08-05 2010-02-24
7. AIR PRODS & CHEMICALS INC COM W/ RTS TO PURCHASE PFD SHS EXP   2009-10-09 2010-02-25
15. INGERSOLL-RAND PLC   2009-08-05 2010-02-25
16. INGERSOLL-RAND PLC   2009-07-30 2010-02-26
17. THE DIRECTV GROUP   2010-02-01 2010-03-01
1. THE DIRECTV GROUP   2008-01-24 2010-03-01
8. INGERSOLL-RAND PLC   2009-07-28 2010-03-01
8. INGERSOLL-RAND PLC   2009-07-27 2010-03-01
12. INTEL CORP COM   2010-01-14 2010-03-09
9. THE DIRECTV GROUP   2008-01-24 2010-03-16
7. TYCO INTERNATIONAL LTD NEW   2009-03-26 2010-03-16
5. TYCO INTERNATIONAL LTD NEW   2009-03-18 2010-03-16
13. THE DIRECTV GROUP   2008-01-28 2010-03-17
6. TYCO INTERNATIONAL LTD NEW   2009-03-18 2010-03-17
8. TYCO INTERNATIONAL LTD NEW   2009-03-18 2010-03-17
7. TYCO INTERNATIONAL LTD NEW   2009-03-18 2010-03-17
23. FORD MTR CO DEL COM   2009-11-10 2010-03-18
1. TYCO INTERNATIONAL LTD NEW   2009-03-18 2010-03-18
6. TYCO INTERNATIONAL LTD NEW   2009-03-17 2010-03-18
13. TYCO INTERNATIONAL LTD NEW   2009-03-17 2010-03-18
32. THE DIRECTV GROUP   2008-01-28 2010-03-19
12. TYCO INTERNATIONAL LTD NEW   2009-03-17 2010-03-19
12. JUNIPER NETWORKS INC COM   2009-10-21 2010-03-24
12. JUNIPER NETWORKS INC COM   2009-10-20 2010-03-24
2. HEINZ H J CO COM   2007-06-20 2010-03-25
7. INTEL CORP COM   2007-06-20 2010-03-25
11. JUNIPER NETWORKS INC COM   2009-10-22 2010-03-25
2. TRAVELERS COMPANIES, INC   2008-10-10 2010-03-25
31. DELTA AIR LINES INC   2009-10-20 2010-03-29
20. THE DIRECTV GROUP   2008-11-11 2010-03-29
10. EBAY INC COM   2010-02-01 2010-03-29
33. FORD MTR CO DEL COM   2009-11-10 2010-03-29
2. PRICELINE COM INC   2009-11-09 2010-03-29
6. TEVA PHARMACEUTICAL INDS LTD ADR   2010-01-11 2010-03-29
18. SEAGATE TECHNOLOGY COM   2010-03-01 2010-03-29
7. TRANSOCEAN LTD.   2007-06-20 2010-03-29
16. BROADCOM CORP COM   2009-11-06 2010-03-30
20. THE DIRECTV GROUP   2009-03-06 2010-03-30
8. TEVA PHARMACEUTICAL INDS LTD ADR   2008-02-06 2010-03-30
19. SEAGATE TECHNOLOGY COM   2010-02-23 2010-03-30
8. TRANSOCEAN LTD.   2007-06-20 2010-03-30
8. TRANSOCEAN LTD.   2007-08-10 2010-03-30
4. APPLE COMPUTER INC COM   2009-10-21 2010-03-31
68. HEINZ H J CO COM   2007-06-20 2010-04-05
2094.242 PIONEER HIGH YIELD FD-Y   2007-06-18 2010-04-06
1. APPLE COMPUTER INC COM   2009-10-15 2010-04-08
8. BROADCOM CORP COM   2009-11-06 2010-04-08
8. JUNIPER NETWORKS INC COM   2009-10-23 2010-04-08
1. PRICELINE COM INC   2009-11-06 2010-04-08
2. AMAZON COM INC COM   2010-01-28 2010-04-14
6. AVON PRODS INC COM W/RTS ATTACHED   2009-10-22 2010-04-14
7. AVON PRODS INC COM W/RTS ATTACHED   2009-10-22 2010-04-14
46. BANK AMER CORP COM   2009-05-06 2010-04-14
10. AVON PRODS INC COM W/RTS ATTACHED   2009-10-23 2010-04-15
33. ORACLE CORP COM   2009-10-23 2010-04-15
31. ORACLE CORP COM   2009-10-22 2010-04-15
8. AVON PRODS INC COM W/RTS ATTACHED   2009-10-23 2010-04-16
31. ORACLE CORP COM   2009-10-26 2010-04-16
31. ORACLE CORP COM   2009-11-05 2010-04-16
9. AVON PRODS INC COM W/RTS ATTACHED   2009-10-26 2010-04-20
12. AVON PRODS INC COM W/RTS ATTACHED   2009-10-26 2010-04-21
12. AVON PRODS INC COM W/RTS ATTACHED   2009-10-20 2010-04-22
11. AVON PRODS INC COM W/RTS ATTACHED   2009-10-19 2010-04-23
12. AVON PRODS INC COM W/RTS ATTACHED   2009-10-29 2010-04-26
7. AGILENT TECHNOLOGIES INC COM   2010-02-03 2010-04-27
16. E M C CORP MASS COM   2010-01-28 2010-04-27
60. NVIDIA CORP COM   2010-03-09 2010-04-30
29. NVIDIA CORP COM   2010-02-18 2010-05-03
31. NVIDIA CORP COM   2010-02-01 2010-05-03
3. MASTERCARD INC   2009-11-10 2010-05-05
2. MASTERCARD INC   2009-11-10 2010-05-07
1. MASTERCARD INC   2009-11-10 2010-05-10
2. MASTERCARD INC   2009-11-10 2010-05-10
5. MASTERCARD INC   2009-11-06 2010-05-10
41. INTEL CORP COM   2010-01-14 2010-05-11
1. GOOGLE INC CL A   2009-10-21 2010-05-12
11. MARVELL TECHNOLOGY GRP LTD SHS   2010-03-30 2010-05-13
21. MARVELL TECHNOLOGY GRP LTD SHS   2010-03-29 2010-05-14
23. MARVELL TECHNOLOGY GRP LTD SHS   2009-12-16 2010-05-14
63. INVESCO LIMITED   2010-04-01 2010-06-02
19. BANK AMER CORP COM   2009-06-05 2010-06-03
112. BANK AMER CORP COM   2009-05-29 2010-06-03
14. INVESCO LIMITED   2009-07-15 2010-06-03
4. DOLLAR GENERAL CORP   2010-04-22 2010-06-04
14. INVESCO LIMITED   2009-07-13 2010-06-04
4. DOLLAR GENERAL CORP   2010-04-22 2010-06-08
23. DOLLAR GENERAL CORP   2010-04-22 2010-06-10
11. DOLLAR GENERAL CORP   2010-04-21 2010-06-15
25. EBAY INC COM   2009-08-10 2010-06-15
25. EBAY INC COM   2009-08-10 2010-06-16
88. MICROSOFT CORP COM   2010-04-16 2010-06-16
12. EXPRESS SCRIPTS INC CL A W/RIGHTS ATTACHED EXP 7/25/2001   2010-02-05 2010-06-22
6. MICROSOFT CORP COM   2009-10-20 2010-06-22
14. MICROSOFT CORP COM   2009-02-05 2010-06-22
7. AMAZON COM INC COM   2010-01-28 2010-06-24
5. AMAZON COM INC COM   2009-06-03 2010-06-24
5. DELTA AIR LINES INC   2010-04-30 2010-06-30
5. FORD MTR CO DEL COM   2010-06-03 2010-06-30
1. GOOGLE INC CL A   2009-10-19 2010-06-30
86. MICROSOFT CORP COM   2009-03-10 2010-06-30
4. ALLERGAN INC COM W/RIGHTS ATTACHED EXP 2/18/2010   2010-04-01 2010-07-02
859.107 DELAWARE POOLED TR INTL EQUITY PORTFOLIO   2005-04-08 2010-07-06
544.959 SSGA EMERGING MARKETS FD S #1510   2007-06-18 2010-07-06
4. PARKER HANNIFIN CORP COM W/RTS ATTACHED EXP 01/31/2007   2010-03-23 2010-07-07
6. PARKER HANNIFIN CORP COM W/RTS ATTACHED EXP 01/31/2007   2010-03-23 2010-07-08
5. PARKER HANNIFIN CORP COM W/RTS ATTACHED EXP 01/31/2007   2010-03-02 2010-07-09
101. BRISTOL-MYERS SQUIBB CO COM   2008-06-11 2010-07-12
5. PARKER HANNIFIN CORP COM W/RTS ATTACHED EXP 01/31/2007   2010-03-02 2010-07-12
28. BRISTOL-MYERS SQUIBB CO COM   2008-06-11 2010-07-13
5. PARKER HANNIFIN CORP COM W/RTS ATTACHED EXP 01/31/2007   2010-03-01 2010-07-13
5. PARKER HANNIFIN CORP COM W/RTS ATTACHED EXP 01/31/2007   2010-02-25 2010-07-14
.2839 FRONTIER COMMUNICATIONS CORPORATION   1994-11-03 2010-07-21
21. EXPRESS SCRIPTS INC CL A W/RIGHTS ATTACHED EXP 7/25/2001   2010-02-05 2010-07-22
19. ILLINOIS TOOL WORKS INC COM   2009-10-21 2010-07-22
12. ILLINOIS TOOL WORKS INC COM   2009-10-16 2010-07-22
21. MCKESSON HBOC INC COM   2010-05-04 2010-07-22
21. EXPRESS SCRIPTS INC CL A W/RIGHTS ATTACHED EXP 7/25/2001   2009-11-05 2010-07-23
11. ILLINOIS TOOL WORKS INC COM   2009-10-16 2010-07-23
20. ILLINOIS TOOL WORKS INC COM   2010-01-29 2010-07-26
14. TEVA PHARMACEUTICAL INDS LTD ADR   2009-04-23 2010-07-26
25. TEVA PHARMACEUTICAL INDS LTD ADR   2009-04-23 2010-07-27
32. MARVELL TECHNOLOGY GRP LTD SHS   2010-06-21 2010-07-28
31. MARVELL TECHNOLOGY GRP LTD SHS   2009-12-15 2010-07-29
65. INTEL CORP COM   2010-01-27 2010-07-30
33. MARVELL TECHNOLOGY GRP LTD SHS   2009-12-11 2010-07-30
4. LAUDER ESTEE COS INC CL A   2010-04-22 2010-08-02
11. NETAPP INC   2010-06-21 2010-08-02
4. LAUDER ESTEE COS INC CL A   2010-04-19 2010-08-03
13. NETAPP INC   2010-06-29 2010-08-03
6. LAUDER ESTEE COS INC CL A   2010-04-21 2010-08-12
7. LAUDER ESTEE COS INC CL A   2010-04-22 2010-08-13
1. PRICELINE COM INC   2009-11-06 2010-08-13
6. LAUDER ESTEE COS INC CL A   2010-04-27 2010-08-16
23. FRONTIER COMMUNICATIONS CORPORATION   1994-11-03 2010-08-17
7. LAUDER ESTEE COS INC CL A   2010-05-11 2010-08-17
5. ANADARKO PETE CORP COM W/RIGHTS ATTACHED EXPIRING 11/10/2008   2010-04-01 2010-08-18
5. ANADARKO PETE CORP COM W/RIGHTS ATTACHED EXPIRING 11/10/2008   2010-04-14 2010-08-18
4. ANADARKO PETE CORP COM W/RIGHTS ATTACHED EXPIRING 11/10/2008   2010-04-14 2010-08-19
5. ANADARKO PETE CORP COM W/RIGHTS ATTACHED EXPIRING 11/10/2008   2010-03-31 2010-08-19
5. ANADARKO PETE CORP COM W/RIGHTS ATTACHED EXPIRING 11/10/2008   2010-03-30 2010-08-20
4. ANADARKO PETE CORP COM W/RIGHTS ATTACHED EXPIRING 11/10/2008   2010-03-30 2010-08-23
6. ANADARKO PETE CORP COM W/RIGHTS ATTACHED EXPIRING 11/10/2008   2010-05-04 2010-08-24
5. ANADARKO PETE CORP COM W/RIGHTS ATTACHED EXPIRING 11/10/2008   2010-05-04 2010-08-24
25. CISCO SYS INC COM W/RIGHTS ATTACHED EXPIRING 6/10/2008   2008-06-10 2010-09-01
5. TARGET CORP COM   2010-05-10 2010-09-01
6. TARGET CORP COM   2010-05-10 2010-09-02
12. TARGET CORP COM   2010-05-17 2010-09-02
10. TARGET CORP COM   2010-05-17 2010-09-02
14. AMERICAN EXPRESS CO COM   2010-04-23 2010-09-03
10. TARGET CORP COM   2010-05-07 2010-09-03
14. AMERICAN EXPRESS CO COM   2010-03-31 2010-09-07
60.132 HARBOR FD SMALL CAP VALUE FD   2005-04-08 2010-09-08
73.91 ING REAL ESTATE FUND CL-I #2190   2009-03-11 2010-09-08
174.064 PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD INSTL CL   2009-09-23 2010-09-08
175.593 PIMCO FDS PAC INVT MGMT REAL RETURN BD FD INSTL CL   2009-09-29 2010-09-08
124.378 PIMCO COMMODITY REAL RET STRAT-I#45   2007-06-18 2010-09-08
107.759 PIONEER HIGH YIELD FD-Y   2007-06-18 2010-09-08
50.1 SSGA EMERGING MARKETS FD S #1510   2007-06-18 2010-09-08
93.721 VANGUARD BD INDEX FD INC SHORT TERM BOND INDEX FD   2007-06-18 2010-09-08
91.827 WESTERN ASSET CORE PLUS BOND-I #287   2007-06-18 2010-09-08
3. GOOGLE INC CL A   2009-07-24 2010-09-09
1. PRICELINE COM INC   2009-11-05 2010-09-10
11. AMERICAN EXPRESS CO COM   2010-03-31 2010-09-14
2. AMERICAN EXPRESS CO COM   2009-07-24 2010-09-14
3. GOOGLE INC CL A   2009-04-29 2010-09-15
14. BROADCOM CORP COM   2010-06-21 2010-09-16
17. BROADCOM CORP COM   2009-05-06 2010-09-16
31. BROADCOM CORP COM   2009-05-07 2010-09-17
27. E M C CORP MASS COM   2010-06-30 2010-09-23
22. CISCO SYS INC COM W/RIGHTS ATTACHED EXPIRING 6/10/2008   2008-01-24 2010-10-01
28. E M C CORP MASS COM   2010-01-28 2010-10-01
5. NETAPP INC   2010-08-19 2010-10-01
2583.979 PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD INSTL CL   2009-09-23 2010-10-01
26. CISCO SYS INC COM W/RIGHTS ATTACHED EXPIRING 6/10/2008   2009-08-06 2010-10-05
8. BAIDU INC ADR   2010-06-04 2010-10-08
6. ITAU UNIBANCO BANCO HOLDING S.A. ADR   2010-06-30 2010-10-08
19. JP MORGAN CHASE & CO COM   2010-06-04 2010-10-08
19. JP MORGAN CHASE & CO COM   2010-06-04 2010-10-11
7. AGILENT TECHNOLOGIES INC COM   2010-06-15 2010-10-12
20. JP MORGAN CHASE & CO COM   2010-06-04 2010-10-12
24. ITAU UNIBANCO BANCO HOLDING S.A. ADR   2010-06-30 2010-10-14
4. DAIMLERCHRYSLER AG COM   2010-04-15 2010-10-14
11. COVIDIEN PLC   2010-01-11 2010-10-18
12. COVIDIEN PLC   2009-10-21 2010-10-19
4. COVIDIEN PLC   2009-10-16 2010-10-19
14. COVIDIEN PLC   2009-10-21 2010-10-21
14. COVIDIEN PLC   2009-10-21 2010-10-22
13. DAIMLERCHRYSLER AG COM   2010-04-16 2010-10-26
14. DAIMLERCHRYSLER AG COM   2010-04-16 2010-10-28
88. CISCO SYS INC COM W/RIGHTS ATTACHED EXPIRING 6/10/2008   2009-08-06 2010-10-29
7. FEDEX CORP COM   2010-03-29 2010-11-01
8. FEDEX CORP COM   2010-03-18 2010-11-02
7. FEDEX CORP COM   2010-03-18 2010-11-03
8. FEDEX CORP COM   2010-05-11 2010-11-04
1. SALESFORCE COM INC   2010-10-12 2010-11-04
5. TJX COS INC NEW COM   2010-01-29 2010-11-04
7. MCKESSON HBOC INC COM   2010-05-04 2010-11-05
4. TJX COS INC NEW COM   2010-01-29 2010-11-05
7. TJX COS INC NEW COM   2009-07-28 2010-11-05
13. TJX COS INC NEW COM   2009-07-17 2010-11-08
8. MCKESSON HBOC INC COM   2010-04-22 2010-11-09
13. TJX COS INC NEW COM   2009-07-17 2010-11-09
5. MCKESSON HBOC INC COM   2010-05-10 2010-11-10
5. MCKESSON HBOC INC COM   2010-04-21 2010-11-10
13. TJX COS INC NEW COM   2009-07-16 2010-11-10
5. MCKESSON HBOC INC COM   2010-03-30 2010-11-11
2. NOBLE ENERGY INC COM   2010-01-25 2010-11-11
9. NOBLE ENERGY INC COM   2010-01-26 2010-11-12
5. F5 NETWORKS INC COM   2010-10-25 2010-11-15
2. EQUINIX INC   2010-08-05 2010-11-22
1. EQUINIX INC   2010-08-05 2010-11-22
3. EQUINIX INC   2010-08-05 2010-11-23
4. EQUINIX INC   2010-08-06 2010-11-23
5. EQUINIX INC   2010-08-09 2010-11-24
4. EQUINIX INC   2010-08-10 2010-11-26
4. EQUINIX INC   2010-07-30 2010-11-29
5. EQUINIX INC   2010-08-11 2010-11-30
2. SALESFORCE COM INC   2010-10-12 2010-11-30
4. F5 NETWORKS INC COM   2010-10-22 2010-12-08
8. NOBLE ENERGY INC COM   2010-01-27 2010-12-08
4. NOBLE ENERGY INC COM   2010-06-16 2010-12-09
4. NOBLE ENERGY INC COM   2009-04-15 2010-12-09
9. NOBLE ENERGY INC COM   2009-04-08 2010-12-10
8. NOBLE ENERGY INC COM   2009-04-30 2010-12-13
(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 230   164 66
b 271   201 70
c 511   411 100
d 275   322 -47
e 3,085   3,913 -828
175   182 -7
670   693 -23
745   761 -16
785   809 -24
1,200   1,261 -61
240   212 28
239   210 29
333   296 37
663   572 91
298   319 -21
333   348 -15
367   385 -18
1,032   804 228
368   383 -15
332   341 -9
566   848 -282
492   576 -84
366   379 -13
140   140  
886   1,221 -335
588   655 -67
235   277 -42
911   1,043 -132
942   1,276 -334
904   999 -95
376   404 -28
567   565 2
189   176 13
419   500 -81
560   661 -101
490   569 -79
324   289 35
483   550 -67
480   434 46
512   450 62
584   492 92
34   22 12
260   221 39
262   217 45
250   258 -8
313   201 112
261   143 118
186   101 85
446   290 156
224   121 103
294   162 132
257   141 116
324   189 135
37   20 17
220   119 101
475   257 218
1,065   711 354
439   238 201
369   335 34
365   333 32
93   92 1
158   170 -12
337   303 34
109   62 47
450   281 169
663   440 223
272   228 44
445   268 177
511   349 162
383   352 31
341   367 -26
582   727 -145
534   418 116
662   405 257
511   372 139
355   384 -29
671   830 -159
669   820 -151
942   805 137
3,122   3,140 -18
20,000   23,874 -3,874
240   190 50
269   197 72
246   220 26
259   170 89
288   250 38
196   214 -18
231   250 -19
890   575 315
335   353 -18
863   734 129
811   688 123
268   282 -14
814   681 133
807   667 140
303   317 -14
403   412 -9
395   410 -15
365   375 -10
403   397 6
256   209 47
311   274 37
942   1,034 -92
446   480 -34
480   500 -20
723   719 4
463   477 -14
233   239 -6
466   467 -1
1,155   1,140 15
920   879 41
503   557 -54
211   230 -19
388   426 -38
420   453 -33
1,160   1,217 -57
304   227 77
1,791   1,331 460
262   245 17
120   118 2
255   237 18
120   116 4
690   656 34
330   299 31
551   563 -12
556   552 4
2,310   2,466 -156
618   544 74
157   159 -2
366   264 102
830   847 -17
593   422 171
59   60 -1
52   60 -8
455   552 -97
2,017   1,475 542
251   261 -10
10,000   16,770 -6,770
10,000   15,237 -5,237
227   264 -37
344   381 -37
286   311 -25
2,545   2,883 -338
284   310 -26
710   562 148
287   296 -9
287   289 -2
2   2  
894   883 11
811   899 -88
508   543 -35
1,366   1,410 -44
889   882 7
474   496 -22
862   888 -26
700   643 57
1,255   1,082 173
495   620 -125
464   578 -114
1,357   1,330 27
491   607 -116
255   274 -19
485   457 28
251   272 -21
572   487 85
346   407 -61
403   471 -68
298   170 128
344   401 -57
176   142 34
403   454 -51
260   370 -110
261   370 -109
206   296 -90
252   366 -114
246   359 -113
196   285 -89
277   405 -128
235   318 -83
508   651 -143
261   282 -21
315   339 -24
631   668 -37
527   555 -28
580   671 -91
529   550 -21
569   580 -11
1,000   1,120 -120
1,000   459 541
2,000   1,896 104
2,000   1,884 116
1,000   1,821 -821
1,000   1,228 -228
1,000   1,401 -401
1,000   920 80
1,000   938 62
1,436   1,329 107
325   170 155
445   437 8
81   59 22
1,440   1,120 320
492   498 -6
597   405 192
1,078   717 361
559   479 80
482   545 -63
564   478 86
243   189 54
30,000   28,140 1,860
570   599 -29
789   600 189
152   112 40
753   728 25
755   728 27
235   223 12
794   766 28
611   446 165
267   201 66
449   527 -78
480   532 -52
160   176 -16
561   613 -52
558   610 -52
875   649 226
918   673 245
2,027   1,842 185
610   641 -31
692   719 -27
609   627 -18
707   708 -1
116   104 12
234   192 42
464   466 -2
188   154 34
329   249 80
598   454 144
526   531 -5
593   449 144
322   330 -8
325   328 -3
585   436 149
323   326 -3
171   157 14
741   704 37
598   500 98
165   188 -23
82   94 -12
244   282 -38
322   376 -54
406   470 -64
320   374 -54
316   372 -56
392   465 -73
280   209 71
545   324 221
668   614 54
330   272 58
330   232 98
734   520 214
658   459 199
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       66
b       70
c       100
d       -47
e       -828
      -7
      -23
      -16
      -24
      -61
      28
      29
      37
      91
      -21
      -15
      -18
      228
      -15
      -9
      -282
      -84
      -13
       
      -335
      -67
      -42
      -132
      -334
      -95
      -28
      2
      13
      -81
      -101
      -79
      35
      -67
      46
      62
      92
      12
      39
      45
      -8
      112
      118
      85
      156
      103
      132
      116
      135
      17
      101
      218
      354
      201
      34
      32
      1
      -12
      34
      47
      169
      223
      44
      177
      162
      31
      -26
      -145
      116
      257
      139
      -29
      -159
      -151
      137
      -18
      -3,874
      50
      72
      26
      89
      38
      -18
      -19
      315
      -18
      129
      123
      -14
      133
      140
      -14
      -9
      -15
      -10
      6
      47
      37
      -92
      -34
      -20
      4
      -14
      -6
      -1
      15
      41
      -54
      -19
      -38
      -33
      -57
      77
      460
      17
      2
      18
      4
      34
      31
      -12
      4
      -156
      74
      -2
      102
      -17
      171
      -1
      -8
      -97
      542
      -10
      -6,770
      -5,237
      -37
      -37
      -25
      -338
      -26
      148
      -9
      -2
       
      11
      -88
      -35
      -44
      7
      -22
      -26
      57
      173
      -125
      -114
      27
      -116
      -19
      28
      -21
      85
      -61
      -68
      128
      -57
      34
      -51
      -110
      -109
      -90
      -114
      -113
      -89
      -128
      -83
      -143
      -21
      -24
      -37
      -28
      -91
      -21
      -11
      -120
      541
      104
      116
      -821
      -228
      -401
      80
      62
      107
      155
      8
      22
      320
      -6
      192
      361
      80
      -63
      86
      54
      1,860
      -29
      189
      40
      25
      27
      12
      28
      165
      66
      -78
      -52
      -16
      -52
      -52
      226
      245
      185
      -31
      -27
      -18
      -1
      12
      42
      -2
      34
      80
      144
      -5
      144
      -8
      -3
      149
      -3
      14
      37
      98
      -23
      -12
      -38
      -54
      -64
      -54
      -56
      -73
      71
      221
      54
      58
      98
      214
      199
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 2 196
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 73,816 1,194,659 0.061788
2008 114,718 1,481,773 0.077419
2007 101,292 1,882,514 0.053807
2006 74,541 1,703,526 0.043757
2005 62,912 1,635,306 0.038471
2 Total of line 1, column (d) ...................... 2 0.275243
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 0.055049
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 1,345,642
5 Multiply line 4 by line 3....................... 5 74,076
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 239
7 Add lines 5 and 6......................... 7 74,315
8 Enter qualifying distributions from Part XII, line 4.............. 8 93,990
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 1 239
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............................ 3 239
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- ..... 5 239
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 236
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.............. 7 236
8 Enter any penalty for underpayment of estimated tax. if 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.......Bullet 9 3
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 taxBullet0 Refunded Bullet 11 0
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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)bulletNJ
    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 addressbullet  
    14
    The books are in care ofbulletWELLS FARGO BANK NA Telephone no.bullet (336) 747-8203
    Located atbullet1W 4TH ST 2ND FLOORWINSTON SALEMNC ZIP+4bullet271013818
    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
     
    No
    .........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
     
    No
    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
    WELLS FARGO BANK NA CO-TRUSTEE
    40     		15,124    
    1525 WEST WT HARRIS BLVD
    CHARLOTTE,NC282881114
    JOHN V GIBSON JR CO-TRUSTEE
    4     		5,001    
    439 HIDDEN OAKS DRIVE
    YARDLEY,PA19067
    P FRANK CASTELLON CO-TRUSTEE
    4     		5,001    
    115 KENSINGTON AVE
    TRENTON,NJ08618
    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...........................bullet  
    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
    1,348,978
    b
    Average of monthly cash balances.......................
    1b
    17,156
    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
    1,366,134
    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
    1,366,134
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    20,492
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,345,642
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    67,282
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    67,282
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    239
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    239
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    67,043
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    67,043
    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
    67,043
    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
    93,990
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    93,990
    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
    239
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    93,751
    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 67,043
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 0
    b Total for prior years:2008, 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....... 21,161
    e From 2009....... 14,549
    fTotal of lines 3a through e......... 35,710
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 93,990
    a Applied to 2009, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		 0
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		0
    d Applied to 2010 distributable amount..... 67,043
    e Remaining amount distributed out of corpus 26,947
    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 62,657
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		0
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		0
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		0
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		62,657
    10 Analysis of line 9:
    a Excess from 2006.... 0
    b Excess from 2007.... 0
    c Excess from 2008.... 21,161
    d Excess from 2009.... 14,549
    e Excess from 2010.... 26,947
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2010 (b) 2009 (c) 2008 (d) 2007
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    TRINITY CATHEDRAL
    C/O CHUCK PERFATER TREASURER
    801 W STATE STREET
    TRENTON,NJ08618     		NONE PUBLIC CHARITY GENERAL SUPPORT 87,708
    Total .................................bullet 3a 87,708
    bApproved for future payment
    Total ..................................bullet 3b  
    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 44,542  
    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     18 196  
    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)..   44,738  
    13Total. Add line 12, columns (b), (d), and (e)...................
    1344,738
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash....................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements............................
    1b(4)
     
    No
    (5) Loans or loan guarantees..............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2010)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    F DEAN ADAMS TRUST FUND
    EIN: 22-6058816
    Name of Stock End of Year Book Value End of Year Fair Market Value
    04315J860 ARTIO GLOBAL FD#1525 24,000 33,547
    693391104 PIMCO REAL RTN #122 63,116 68,352
    693390700 PIMCO TOT RTN FD #35 149,965 159,925
    72369B406 PIONEER HI YLD #724 79,897 71,207
    921937850 VANGUARD S-T #1349 79,080 84,958
    957663503 WESTERN ASSET FD#287 116,433 122,933
    693390882 PIMCO FORGN FD #103 43,017 44,881
    693391559 PIMCO EMERG MKT #137 49,743 50,146
    04314H105 ARTISAN SMALL CAP FD 24,255 25,221
    411511843 HARBOR SML CAP #2022 22,307 23,469
    339128100 JPMORGAN MIDCAP #758 74,000 60,684
    784924425 SSGA EMERG MKT #1510 65,702 53,201
    900297763 TURNER MIDCAP #1309 40,558 42,484
    04315J837 ARTIO INTL FD #1529 57,402 42,246
    246248306 DELAWARE POOLED #31 79,091 53,443
    26852M105 EII INTL PROPER #30 74,000 53,265
    44981V706 ING RE FD #2190 9,541 21,986
    722005667 PIMCO COMMOD FD #45 69,919 64,914
    779919109 TROWE RE FD #122 94,947 86,066
    20030N101 COMCAST CORP CL A 3,107 4,108
    548661107 LOWES CO INC 2,880 3,536
    039483102 ARCHER DANIELS MIDLA 2,154 3,038
    126650100 CVS CAREMARK CORP 2,228 2,782
    494368103 KIMBERLY CLARK CORP 3,402 3,152
    50075N104 KRAFT FOODS INC 3,665 3,498
    786514208 SAFEWAY INC NEW 5,078 3,261
    166764100 CHEVRON CORP 723 3,559
    20825C104 CONOCOPHILLIPS 1,821 4,222
    565849106 MARATHON OIL CORP 4,436 3,148
    637071101 NATIONAL OIL VARCAL 2,866 4,573
    969457100 WILLIAMS COS INC 3,172 3,387
    020002101 ALLSTATE CORP 5,465 2,997
    064058100 BANK NEW YORK MELLON 3,054 2,929
    571748102 MARSH & MCLENNAN COS 2,944 3,445
    89417E109 TRAVELERS COMPANIES 1,806 3,231
    071813109 BAXTER INTL INC 2,927 3,493
    14149Y108 CARDINAL HEALTH INC 2,630 4,061
    478160104 JOHNSON & JOHNSON 3,301 3,031
    58933Y105 MERCK & CO INC NEW 3,378 3,388
    717081103 PFIZER INC 5,131 4,080
    74834L100 QUEST DIAGNOSTICS 2,943 2,968
    666807102 NORTHROP GRUMMAN 2,752 3,692
    94106L109 WASTE MANAGEMENT INC 3,864 3,576
    458140100 INTEL CORP 3,392 2,944
    459200101 IBM CORP 1,762 3,375
    620076109 MOTOROLA INC 4,448 3,129
    984121103 XEROX CORP 5,639 3,583
    263534109 DU PONT DE NEMOURS 4,565 4,340
    00206R102 AT&T INC 452 3,144
    92343V104 VERIZON COMMUNICA 2,195 3,471
    281020107 EDISON INTL COM 2,412 3,320
    743263105 PROGRESS ENERGY INC 3,362 3,131
    465562106 ITAU UNIBANCO HOLDNG 1,612 2,281
    023135106 AMAZON COM INC 2,376 4,140
    345370860 FORD MOTOR CO 2,414 4,365
    500255104 KOHLS CORP 2,192 2,119
    55616P104 MACY'S INC 2,180 2,581
    571903202 MARRIOTT INTERNATL 2,390 2,908
    741503403 PRICELINE INC 1,311 3,196
    25490A101 DIRECTV GROUP 2,327 2,276
    254687106 WALT DISNEY CO 3,542 4,126
    406216101 HALLIBURTON CO 2,763 2,776
    20825C104 CONOCOPHILLIPS 3,221 3,950
    651290108 NEWFIELD EXPL CO 1,724 2,452
    674599105 OCCIDENTAL PETE CORP 2,698 3,434
    025816109 AMERICAN EXPRESS CO 2,100 3,047
    172967101 CITIGROUP INC 2,423 2,568
    018490102 ALLERGAN INC 2,103 2,403
    302182100 EXPRESS SCRIPTS INC 1,735 2,270
    91324P102 UNITEDHEALTH GROUP 2,193 2,383
    231021106 CUMMINS INC 2,464 3,850
    247361702 DELTA AIRLINES INC 1,422 1,953
    278058102 EATON CORP 2,833 3,756
    291011104 EMERSON ELECTRIC CO 3,063 3,202
    740189105 PRECISION CASTPARTS 2,994 3,202
    907818108 UNION PACIFIC CORP 2,344 2,409
    00846U101 AGILENT TECHNOLOGIES 2,334 3,314
    037833100 APPLE INC 3,081 8,709
    177376100 CITRIX SYS INC 3,013 3,489
    268648102 EMC CORP MASS 1,411 2,107
    315616102 F5 NETWORKS INC 1,304 2,343
    38259P508 GOOGLE INC 3,075 2,970
    48203R104 JUNIPER NETWORKS INC 2,202 3,064
    64110D104 NETAPP INC 1,342 2,253
    68389X105 ORACLE CORP 4,087 4,852
    747525103 QUALCOMM INC 3,161 3,266
    79466L302 SALESFORCE COM INC 1,317 1,980
    928563402 VMWARE INC 2,861 3,112
    029912201 AMERICAN TOWER SYST 3,068 4,028
    056752108 BAIDU INC 1,497 1,931
    D1668R123 DAIMLERCHRYSLER 1,775 2,568
    N53745100 LYONDELLBASELL INDUS 1,464 1,926

    TY 2010 OtherDecreasesSchedule
    Name:
    F DEAN ADAMS TRUST FUND
    EIN: 22-6058816
    Description Amount
    ADJUST-CHANGE OF RECORD KEEPING FROM BOOK TO COST VALUE 2,625
    ROUNDING 3


    TY 2010 OtherExpensesSchedule
    Name:
    F DEAN ADAMS TRUST FUND
    EIN: 22-6058816
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR FEES 2 2   0


    TY 2010 TaxesSchedule
    Name:
    F DEAN ADAMS TRUST FUND
    EIN: 22-6058816
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 9 9   0
    FEDERAL ESTIMATES - PRINCIPAL 185 0   0
    FOREIGN TAXES ON QUALIFIED FOR 329 329   0
    FOREIGN TAXES ON NONQUALIFIED 86 86   0