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 10-01-2010 , and ending 09-30-2011
G
Check all that apply:
Name of foundation
THE LYNN AND HELEN CLARK FUND
GUARANTY BANK AND TRUST COMPANY TRUSTEE

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1159   Room/suite
City or town, state, and ZIP code
LONGMONT, CO80502
A Employer identification number

84-6270492
B Telephone number (see page 10 of the instructions)

(303) 776-5800
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$2,223,215J 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 1,006 1,006  
4 Dividends and interest from securities...... 66,114 66,114  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 14,403
b Gross sales price for all assets on line 6a 687,510
7 Capital gain net income (from Part IV, line 2)... 14,403
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 548 548  
12 Total. Add lines 1 through 11........ 82,071 82,071  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 17,591 14,073   3,518
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 975 780   195
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 3,289 3,289   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 21,855 18,142   3,713
25 Contributions, gifts, grants paid........ 125,655 125,655
26 Total expenses and disbursements. Add lines 24 and 25 147,510 18,142   129,368
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -65,439
b Net investment income (if negative, enter -0-) 63,929
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 421 2,298 2,298
2 Savings and temporary cash investments.......... 117,506 158,000 158,000
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 352,851 Click to see attachment100,000 100,797
b Investments—corporate stock (attach schedule)........ 1,114,660 Click to see attachment975,788 1,068,456
c Investments—corporate bonds (attach schedule)........ 201,195 Click to see attachment275,108 279,137
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 390,000 Click to see attachment600,000 614,527
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,176,633 2,111,194 2,223,215
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 2,176,633 2,111,194
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see page 17 of the
instructions).................... 2,176,633 2,111,194
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,176,633 2,111,194
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 2,176,633
2 Enter amount from Part I, line 27a...................... 2 -65,439
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 2,111,194
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 2,111,194
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 COVIDIEN PLC SHS P 2010-02-01 2010-11-05
b COVIDIEN PLC SHS P 2010-02-01 2011-01-03
c DEVRY INC DEL COM P 2010-04-01 2010-11-05
d FEDERAL HOME LOAN BANK 2% P 2010-12-23 2011-08-18
e COVIDIEN PLC SHS P 2010-02-01 2011-02-04
CAMPBELL SOUP CORP COM P 2009-10-13 2011-04-05
CELGENE CORP COM P 2009-04-02 2010-11-05
CELGENE CORP COM P 2009-04-02 2011-01-03
CELGENE CORP COM P 2009-06-11 2011-01-03
CITIGROUP INC NOTE P 2007-08-29 2011-09-29
CITRIX SYS INC COM P 2008-01-11 2010-12-22
CONOCOPHILLIPS COM P 2001-05-11 2010-11-05
FEDERAL FARM CR BKS CONS P 2010-04-06 2011-04-07
FEDERAL NAL MTG ASSN P 2007-02-15 2011-04-15
FEDERAL NATIONAL MTGE ASSN P 2006-12-04 2010-12-15
FEDERAL NATIONAL MTGE ASSN P 2010-07-06 2011-07-15
GENERAL MILLS INC P 2009-05-19 2010-11-05
L-3 COMMUNICATIONS HLDGS INC P 2006-06-08 2010-11-05
L-3 COMMUNICATIONS HLDGS INC P 2006-06-08 2011-01-03
MCCORMICK & CO INC P 2010-02-01 2011-04-05
MCCORMICK & CO INC P 2010-02-01 2011-07-01
RESEARCH IN MOTION LTD COM P 2009-04-02 2011-04-05
RESEARCH IN MOTION LTD COM P 2009-04-02 2011-07-01
SELECT SECTOR SPDR TR P 2007-08-08 2011-04-05
STRYKER COR COM P 2006-06-08 2010-11-05
VANGUARD WORLD FD TELCOMM EFT P 2007-08-08 2011-04-05
VANGUARD WORLD FD TELCOMM EFT P 2007-08-28 2011-04-05
VANGUARD WORLD FD TELCOMM EFT P 2009-01-02 2011-04-05
YUM BRANDS INC COM P 2009-10-13 2011-07-01
CAPITAL GAINS DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 8,292   10,036 -1,744
b 4,693   5,018 -325
c 16,761   23,167 -6,406
d 50,000   49,950 50
e 6,133   6,273 -140
13,273   12,995 278
12,178   8,116 4,062
2,997   2,029 968
2,997   2,169 828
50,000   49,999 1
24,031   12,249 11,782
12,336   6,556 5,780
75,000   75,000 0
125,000   126,629 -1,629
100,000   101,122 -1,122
50,000   50,100 -100
7,292   5,215 2,077
11,049   11,706 -657
14,153   15,608 -1,455
9,542   7,306 2,236
9,850   7,306 2,544
8,243   7,413 830
4,285   7,413 -3,128
16,015   20,349 -4,334
5,225   4,383 842
17,193   20,183 -2,990
10,315   12,023 -1,708
3,438   2,264 1,174
16,904   10,530 6,374
315     315
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       -1,744
b       -325
c       -6,406
d       50
e       -140
      278
      4,062
      968
      828
      1
      11,782
      5,780
      0
      -1,629
      -1,122
      -100
      2,077
      -657
      -1,455
      2,236
      2,544
      830
      -3,128
      -4,334
      842
      -2,990
      -1,708
      1,174
      6,374
      315
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 14,403
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 126,726 2,410,739 0.052567
2008 106,184 2,159,687 0.049166
2007 154,160 2,795,787 0.055140
2006 154,685 2,938,682 0.052638
2005 149,302 2,825,558 0.052840
2 Total of line 1, column (d) ...................... 2 0.262351
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 0.052470
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 2,507,379
5 Multiply line 4 by line 3....................... 5 131,562
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 639
7 Add lines 5 and 6......................... 7 132,201
8 Enter qualifying distributions from Part XII, line 4.............. 8 129,368
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2010)
Form 990-PF (2010)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 1,279
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 1,279
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 1,279
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 2,240
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,240
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 961
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet961 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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    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)bulletCO
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletGUARANTY BANK AND TRUST COMPANY Telephone no.bullet (303) 776-5800
    Located atbullet401 MAINSTREETLONGMONTCO ZIP+4bullet80502
    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
     
     
    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
    GUARANTY BANK AND TRUST COMPANY TRUSTEE
    2.00     		17,591 0 0
    401 MAIN STREET
    LONGMONT,CO80501
    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 THE LYNN & HELEN CLARK FUND PROVIDES THAT PAYMENTS FROM THE TRUST SHALL BE FOR THE BENEFIT OF INHABITANTS OF THE ST. VRAIN VALLEY SCHOOL DISTRICT, INCLUDING THE CITY OF LONGMONT, COLORADO. THE FUND IS PERMANENTLY SET ASIDE FOR CHARITABLE, RELIGIOUS, LITERARY AND EDUCATIONAL PURPOSES. 125,655
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,432,844
    b
    Average of monthly cash balances.......................
    1b
    112,718
    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
    2,545,562
    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
    2,545,562
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    38,183
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,507,379
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    125,369
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    125,369
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    1,279
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,279
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    124,090
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    124,090
    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
    124,090
    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
    129,368
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    129,368
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    129,368
    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 7 124,090
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2010:
    a From 2005....... 11,496
    b From 2006....... 11,232
    c From 2007....... 16,291
    d From 2008.......  
    e From 2009....... 8,398
    fTotal of lines 3a through e......... 47,417
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 129,368
    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..... 124,090
    e Remaining amount distributed out of corpus 5,278
    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 52,695
    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) .............     		11,496
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		41,199
    10 Analysis of line 9:
    a Excess from 2006.... 11,232
    b Excess from 2007.... 16,291
    c Excess from 2008....  
    d Excess from 2009.... 8,398
    e Excess from 2010.... 5,278
    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:
    JANE COX GUARANTY BANK AND TRUST CO
    401 MAIN STREET
    LONGMONT,CO80501
    (303) 678-6540
    bThe form in which applications should be submitted and information and materials they should include:
    THE APPLICATION FORM IS AVAILABLE AT WWW.GUARANTYBANKCO.COM
    cAny submission deadlines:
    APRIL 30, 2012
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    QUALIFIED 501(C)(3). THE REQUEST MUST BENEFIT THE ST. VRAIN VALLEY SCHOOL DISTRICT AREA.
    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
    EMERGENCY FAMILY ASSISTANCE ASSOCIATION
    1575 YARMOUTH AVE
    BOULDER,CO80304     		NONE PUBLIC ATWOOD HOUSE 2,000
    ALTERNATIVES FOR YOUTH
    24 NINTH AVENUE
    LONGMONT,CO80501     		NONE PUBLIC GENERAL OPERATING 5,000
    ALTERNATIVES FOR YOUTH
    24 NINTH AVENUE
    LONGMONT,CO80501     		NONE PUBLIC CLEARVIEW EDUCATIONAL CENTER 5,000
    BOULDER COUNTY RSVP BOARD INC
    951 ARAPAHOE AVENUE 10
    BOULDER,CO80302     		NONE PUBLIC SAFETY-NET SERVICES PROGRAMS 2,000
    CENTER FOR PEOPLE WITH DISABILITIES
    1675 RANGE STREET
    BOULDER,CO80305     		NONE PUBLIC THE EMPLOYMENT PROGRAM 2,500
    KIDS FISHING INC
    13810 N 115TH STREET
    LONGMONT,CO80504     		NONE PUBLIC THE CONSTRUCTION OF THE ADA COMPLIANT FAMILY FISHING PIER 1,000
    COMMUNITY FOOD SHARE
    6363 HORIZON LANE
    LONGMONT,CO80503     		NONE PUBLIC THE FEEDING FAMILIES PROGRAM 4,000
    DENTAL AID
    877 SOUTH BOULDER ROAD
    LOUISEVILLE,CO80027     		NONE PUBLIC REDUCED-FEE PREVENTIVE CARE, RESTORATIVE CARE, AND ORAL HEALTH EDUCATION 3,000
    DEVELOPMENTAL DISABILITIES CENTER DBA IMAGINE
    1400 DIXON STREET
    LAFAYETTE,CO80026     		NONE PUBLIC THE CHARLES FAMILY SMARTHOME 1,000
    ED & RUTH LEHMAN YMCA
    950 LASHLEY STREET
    LONGMONT,CO80504     		NONE PUBLIC THE EXPANSION OF THE SCHOOL-BASED, AFTER SCHOOL TEAM SPORTS PROGRAM 3,655
    EDUCATION FOUNDATION FOR THE ST VRAIN VALLEY
    PO BOX 2598
    LONGMONT,CO80502     		NONE PUBLIC TECHNOLOGY PROGRAM 2,500
    EDUCATION FOUNDATION FOR THE ST VRAIN VALLEY
    PO BOX 2598
    LONGMONT,CO80502     		NONE PUBLIC MESA SUMMER PROGRAMMING 9,000
    FIRST CONGREGATIONAL CHURCH
    1500 9TH AVENUE
    LONGMONT,CO80501     		NONE PUBLIC "THE CONNECTING SELF-SUFFICIENCY STRATEGIES AND COMMUNITY PARTNERSHIPS" CONF 3,500
    FRIENDS FIRST
    PO BOX 270302
    LITTLETON,CO80127     		NONE PUBLIC THE STARS MENTORING PROGRAM 2,500
    FRIENDS OF LONGMONT YOUTH
    1050 LASHLEY STREET
    LONGMONT,CO80504     		NONE PUBLIC THE MAYOR'S BOOK CLUB 2,000
    HABITAT FOR HUMANITY OF THE ST VRAIN VALLEY
    242 PRATT STREET
    LONGMONT,CO80502     		NONE PUBLIC HOMES TO BE BUILT IN FISCAL YEAR 2011-2012 5,000
    HOPE (HOMELESS OUTREACH PROVIDING ENCOURAGEMENT)
    PO BOX 756
    LONGMONT,CO80502     		NONE PUBLIC NIGHT TIME STREET OUTREACH PROGRAM 2,500
    HOVER COMMUNITY INC
    1380 CHARLES DRIVE
    LONGMONT,CO80503     		NONE PUBLIC ACTIVITIES & IMPROVEMENTS ASSOCIATED WITH CULTURE CHANGE 2,500
    LONGMONT COUNCIL FOR THE ARTS
    356 MAIN STREET
    LONGMONT,CO80501     		NONE PUBLIC GENERAL OPERATING SUPPORT 1,000
    OUR CENTER
    303 ATWOOD STREET
    LONGMONT,CO80501     		NONE PUBLIC GENERAL OPERATING SUPPORT OF THE BASIC NEEDS PROGRAM 12,000
    OUR CENTER
    303 ATWOOD STREET
    LONGMONT,CO80501     		NONE PUBLIC GENERAL OPERATING SUPPORT FOR ASPEN CENTER FOR CHILD DEVELOPMENT 10,000
    SAFE SHELTER OF ST VRAIN VALLEY
    PO BOX 231
    LONGMONT,CO80502     		NONE PUBLIC GENERAL OPERATING SUPPORT 5,000
    SILVER CREEK EDUCATION FOUNDATION
    4901 NELSON ROAD
    LONGMONT,CO80503     		NONE PUBLIC SUPPLEMENTAL EDUCATIONAL OPPORTUNITIES, MATERIALS, AND TECHNOLOGY 5,000
    SKYLINE EDUCATION FOUNDATION
    600 EAST MOUNTAIN VIEW
    LONGMONT,CO80504     		NONE PUBLIC SCHOLARSHIPS FOR GRADUATING SENIORS 9,000
    SPECIAL TRANSIT
    2855 N 63RD STREET
    BOULDER,CO80301     		NONE PUBLIC THE EXPANSION OF SPECIAL TRANSIT SERVICE 3,000
    ST VRAIN HISTORICAL SOCIETY INC
    PO BOX 705
    LONGMONT,CO80502     		NONE PUBLIC RESTORATION AND PRESERVATION OF HISTORIC HOVER FARMSTEAD CREAMERY/WASH HOUSE 5,000
    TINY TIM CENTER
    611 KORTE PARKWAY
    LONGMONT,CO80501     		NONE PUBLIC GENERAL OPERATING EXPENSES 12,000
    LONGMONT HIGH SCHOOL EDUCATION FOUNDATION
    1040 SUNSET STREET
    LONGMONT,CO80501     		NONE PUBLIC CLICKER SET AND CALCULATIONS TO IMPLEMENT TECHNOLOGY IN MATHEMATICS CLASSES 3,000
    PARTNERS OF BOULDER COUNTY
    1430 NELSON ROAD SUITE 206
    LONGMONT,CO80501     		NONE PUBLIC PARTNERS ONE-TO-ONE MENTORING PROGRAM 2,000
    Total .................................bullet 3a 125,655
    bApproved for future payment
    Total ..................................bullet 3b 0
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 1,006  
    4 Dividends and interest from securities....     14 66,114  
    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.....     14 548  
    8Gain or (loss) from sales of assets other than inventory     18 14,403  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 82,071 0
    13Total. Add line 12, columns (b), (d), and (e)...................
    1382,071
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash....................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements............................
    1b(4)
     
    No
    (5) Loans or loan guarantees..............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2010 AccountingFeesSchedule
    Name:
    THE LYNN AND HELEN CLARK FUND
    GUARANTY BANK AND TRUST COMPANY TRUSTEE
    EIN: 84-6270492
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PREPARATION OF 990-PF 975 780   195

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    THE LYNN AND HELEN CLARK FUND
    GUARANTY BANK AND TRUST COMPANY TRUSTEE
    EIN: 84-6270492
    Name of Bond End of Year Book Value End of Year Fair Market Value
    50,000 CITIGROUP, INC 0 0
    50,000 HARTFORD LIFE INSURANCE CO MTNF 4.000% 11/15/11 50,000 49,984
    50000 SHS AT&T INC NOT 4.850% 2/15/14 50,935 53,752
    50000 SHS WELLS FARGO & CO NEW NOTE 4.375% 1/31/13 50,261 51,881
    50,000 BARCLAY BANK 50,000 46,982
    75,000 DEERE JOHN CAP CORP MTNS BE 9/18/17 73,912 76,538

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    THE LYNN AND HELEN CLARK FUND
    GUARANTY BANK AND TRUST COMPANY TRUSTEE
    EIN: 84-6270492
    Name of Stock End of Year Book Value End of Year Fair Market Value
    4000 SHS HARRIS PFD CAP CORP PFD 100,760 101,400
    800 SHS ABBOTT LABS 16,677 40,912
    700 SHS JOHNSON & JOHNSON 21,502 44,583
    550 SHS PEPSICO 20,048 34,045
    650 SHS CONOCOPHILLIPS COM 19,022 41,158
    1200 SHS LOWES COS INC 32,187 23,208
    400 SHS CHEVRON CORP NEW 22,376 37,036
    400 SHS DEVON ENERGY CORPORATION 21,133 22,176
    850 SHS ILLINOIS TOOL WKS INC 38,604 35,360
    350 SHS L-3 COMMUNICATIONS HLDGS INC 0 0
    700 SHS CISCO SYS INC 18,119 10,850
    1000 SHS ORACLE CORP 19,894 28,740
    675 SHS SELECT SECTOR SPDR TR SBI INT-UTILS 22,405 22,694
    200 SHS VANGUARD WORLD FDS TELCOMM ETF 9,057 12,136
    350 SHS CITRIX SYS INC 0 0
    450 SHS EMERSON ELEC CO 21,875 18,590
    505 SHS HEWLETT PACKARD CO 22,257 11,337
    125 SHS INTERNATIONAL BUSINESS MACHINES CORP 12,210 21,859
    750 SHS J P MORGAN CHASE & CO 33,697 22,590
    800 SHS MICROSOFT CORP 23,128 19,912
    350 SHS PROCTER & GAMBLE COMPANY 27,369 28,431
    300 SHS STRYKER CORP 13,150 14,139
    250 SHS TRANSOCEAN LTD REG SHS 15,613 11,935
    200 SHS CELGENE CORP 8,678 12,382
    900 SHS GENERAL MILLS INC 23,467 34,641
    1000 SHS ISHARES TR S&P GLB MTRLS 53,070 53,630
    300 SHS RESEARCH IN MOTION LTD 0 0
    300 SHS THERMO FISHER SCIENTIFIC INC 12,693 15,192
    400 SHS UNITED TECHNOLOGIES CORP 18,516 28,144
    250 SHS VISA INC COM CL A 13,303 21,430
    425 SHS COVIDIEN PLC SHS 0 0
    620 SHS AMERIPRISE FINL INC 22,257 24,403
    200 SHS APACHE CORP 19,456 16,048
    1,830 SHS APPLIED MATLS INC 21,905 18,950
    250 SHS BECTON DICKINSON & CO 18,875 18,330
    400 SHS CAMPBELL SOUP CO 0 0
    475 SHS CHUBB CORP 24,872 28,495
    800 SHS DANAHER CORP DEL 11,387 33,552
    355 SHS DEVRY INC DEL 0 0
    250 SHS MCCORMICK & CO INC COM NON VTG 9,132 11,540
    440 SHS NORTHERN TR CORP 23,595 15,391
    425 SHS TARGET CORP 21,321 20,842
    1,600 SHS US BANCORP DEL COM NEW 50,212 37,664
    300 SHS YUM BRANDS INC 10,530 14,817
    300 SHS VULCAN MATLS CO 13,367 8,268
    300 SHS WAL MART STORES INC 15,909 15,570
    200 SHS ZIMMER HLDGS INC 12,089 10,696
    635 VANGUARD INTL EQUITY INDEX F MSCI 31,223 22,751
    832 CEMEX SAB DE CV SPON ADR NEW 8,848 2,629

    TY 2010 InvestmentsGovtObligationsSch
    Name:
    THE LYNN AND HELEN CLARK FUND
    GUARANTY BANK AND TRUST COMPANY TRUSTEE
    EIN: 84-6270492
    US Government Securities - End of Year Book Value:

    100,000
    US Government Securities - End of Year Fair Market Value:

    100,797
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2010 InvestmentsOtherSchedule2
    Name:
    THE LYNN AND HELEN CLARK FUND
    GUARANTY BANK AND TRUST COMPANY TRUSTEE
    EIN: 84-6270492
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    8310.25 SHS ROYCE TOTAL RETURN FUND INV CL AT COST 60,000 95,069
    5867.565 SHS VANGUARD MID CAP INDEX AT COST 85,000 104,091
    GUARANTY BANK & TRUST CD8900 129557 1.985% 12/10 AT COST 0 0
    11,026.615 SHS IVY FD INTL COR EQT I AT COST 145,000 150,624
    2350.73 ASTON FD TAMRO S CAP N AT COST 50,000 41,890
    1674.204 HARBOR FD INTL FD INSTL AT COST 100,000 83,928
    6578.948 MANNING & NAPIER FD INC NEW WORLD AT COST 60,000 45,855
    7334.147 TEMPLETON INCOME TR GLOBAL BD FD A AT COST 100,000 93,070

    TY 2010 OtherIncomeSchedule2
    Name:
    THE LYNN AND HELEN CLARK FUND
    GUARANTY BANK AND TRUST COMPANY TRUSTEE
    EIN: 84-6270492
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SETTLEMENT REFUNDS 390 390 390
    OTHER RECEIPTS 158 158 158


    TY 2010 TaxesSchedule
    Name:
    THE LYNN AND HELEN CLARK FUND
    GUARANTY BANK AND TRUST COMPANY TRUSTEE
    EIN: 84-6270492
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    2009 TAX DUE 1,049 1,049   0
    2010 ESTIMATED TAX PAYMENTS 2,240 2,240   0