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
R HOWARD DOBBS JR FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)50 HURT PLAZA No 1212   Room/suite
City or town, state, and ZIP code
ATLANTA, GA30303
A Employer identification number

58-6033186
B Telephone number (see page 10 of the instructions)

(404) 574-2970
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$66,290,287J 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...... 1,324,621 1,324,621  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 488,897
b Gross sales price for all assets on line 6a 19,465,510
7 Capital gain net income (from Part IV, line 2)... 794,047
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 295,794 247,939  
12 Total. Add lines 1 through 11........ 2,109,312 2,366,607  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 187,652 1,876   185,776
14 Other employee salaries and wages...... 53,934 539   53,395
15 Pension plans, employee benefits....... 77,710 777   77,933
16a Legal fees (attach schedule)......... Click to see attachment 11,074 5,537   5,537
b Accounting fees (attach schedule)....... Click to see attachment 34,720 16,438   18,282
c Other professional fees (attach schedule).... Click to see attachment 202,908 166,786   36,122
17 Interest............... 15,497 15,497   0
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 37,634 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 6,027 0  
20 Occupancy.............. 62,295 0   62,266
21 Travel, conferences, and meetings....... 17,842 0   17,842
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 32,613 32,197   416
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 739,906 239,647   457,569
25 Contributions, gifts, grants paid........ 2,406,798 2,406,798
26 Total expenses and disbursements. Add lines 24 and 25 3,146,704 239,647   2,864,367
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,037,392
b Net investment income (if negative, enter -0-) 2,126,960
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............... 19,562 18,533 77,877
2 Savings and temporary cash investments.......... 7,205,263 1,040,807 1,040,807
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 39,837,480 Click to see attachment44,202,606 50,322,861
c Investments—corporate bonds (attach schedule)........ 7,313,631 Click to see attachment4,138,538 4,196,069
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 5,386,704 Click to see attachment9,632,235 10,628,774
14 Land, buildings, and equipment: basis bullet57,726
Less: accumulated depreciation (attach schedule) bullet33,827 26,790 Click to see attachment23,899 23,899
15 Other assets (describe bullet) Click to see attachment693,104 Click to see attachment387,954 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 60,482,534 59,444,572 66,290,287
Liabilities 17 Accounts payable and accrued expenses.......... 3,278 2,708
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).......... 3,278 2,708
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......... 12,846,521 12,846,521
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 47,632,735 46,595,343
30 Total net assets or fund balances (see page 17 of the
instructions).................... 60,479,256 59,441,864
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 60,482,534 59,444,572
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 60,479,256
2 Enter amount from Part I, line 27a...................... 2 -1,037,392
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 59,441,864
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 59,441,864
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 SILVER CREEK LOW VOL STRATEGIES LP P    
b SILVER CREEK LOW VOL STRATEGIES LP P    
c PROTEGE PARTNERS LP P    
d PROTEGE PARTNERS LP P    
e PUBLICLY TRADED SECURITIES - SUNTRUST P    
PUBLICLY TRADED SECURITIES - GENSPRING P    
SILVER CREEK LOW VOL STRATEGIES LP P    
SEC SETTLEMENTS P    
NETWORK SERVERS - SCRAPPED P    
SILVER CREEK LOW VOL - 1231 LOSS P    
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 5,034     5,034
b 11,603     11,603
c 209     209
d 624     624
e 17,455,789   16,708,737 747,052
1,842,027   1,910,070 -68,043
    2,846 -2,846
4,928     4,928
  2,115 2,464 -349
    49,461 -49,461
145,296     145,296
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       5,034
b       11,603
c       209
d       624
e       747,052
      -68,043
      -2,846
      4,928
      -349
      -49,461
      145,296
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 2 794,047
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 2,536,986 54,595,794 0.046469
2008 3,233,005 57,446,471 0.056279
2007 2,720,533 65,770,258 0.041364
2006 2,287,342 63,421,005 0.036066
2005 790,664 49,360,331 0.016018
2 Total of line 1, column (d) ...................... 2 0.196196
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 0.039239
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 60,569,608
5 Multiply line 4 by line 3....................... 5 2,376,691
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 21,270
7 Add lines 5 and 6......................... 7 2,397,961
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,864,367
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 21,270
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 21,270
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 21,270
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 80,220
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 80,220
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 58,950
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet58,950 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
Yes
 
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)bulletGA
    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 addressbulletwww.dobbsfoundation.org
    14
    The books are in care ofbulletDAVID WEITNAUER Telephone no.bullet (404) 574-2970
    Located atbullet50 HURT PLAZA SUITE 1212ATLANTAGA ZIP+4bullet30303
    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
    E CODY LAIRD JR CHAIRMAN & TRUSTEE
    5.00     		0 0 0
    50 HURT PLAZA STE 1212
    ATLANTA,GA30303
    NANCY L CROSSWELL SECRETARY & TRUSTEE
    1.00     		0 0 0
    50 HURT PLAZA STE 1212
    ATLANTA,GA30303
    DOROTHY L WILLIAMS TRUSTEE
    1.00     		0 0 0
    50 HURT PLAZA STE 1212
    ATLANTA,GA30303
    DAVID WEITNAUER PRESIDENT
    40.00     		187,652 20,642 18,978
    50 HURT PLAZA STE 1212
    ATLANTA,GA30303
    MARK CROSSWELL TRUSTEE
    1.00     		0 0 0
    50 HURT PLAZA STE 1212
    ATLANTA,GA30303
    NANCY CLAIR L MCINANEY TRUSTEE
    1.00     		0 0 0
    50 HURT PLAZA STE 1212
    ATLANTA,GA30303
    WILLIAM CLARKSON IV TRUSTEE
    1.00     		0 0 0
    50 HURT PLAZA STE 1212
    ATLANTA,GA30303
    LAIRD M WILLIAMS TRUSTEE
    1.00     		0 0 0
    50 HURT PLAZA STE 1212
    ATLANTA,GA30303
    CIANNAT M HOWETT TRUSTEE
    1.00     		0 0 0
    50 HURT PLAZA STE 1212
    ATLANTA,GA30303
    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
    Danielle Gray Grants/Office Mgr
    40.00     		53,934 5,933 18,979
    50 Hurt Plaza Ste 1212
    Atlanta,GA30303
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    57,364,780
    b
    Average of monthly cash balances.......................
    1b
    4,127,208
    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
    61,491,988
    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
    61,491,988
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    922,380
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    60,569,608
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    3,028,480
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    3,028,480
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    21,270
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
    3,953
    c
    Add lines 2a and 2b............................
    2c
    25,223
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,003,257
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    3,003,257
    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
    3,003,257
    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
    2,864,367
    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
    2,864,367
    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
    21,270
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    2,843,097
    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 3,003,257
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 53,732
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008.......  
    e From 2009.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 2,864,367
    a Applied to 2009, but not more than line 2a 53,732
    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..... 2,810,635
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2010. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		0
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		192,622
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		0
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		0
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008....  
    d Excess from 2009....  
    e Excess from 2010....  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2010 (b) 2009 (c) 2008 (d) 2007
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    DAVID WEITNAUER
    50 HURT PLAZA SUITE 1212
    ATLANTA,GA30303
    (404) 574-2970
    bThe form in which applications should be submitted and information and materials they should include:
    Step 1: Initial Inquiry. Applicants should submit a letter of inquiry (LOI) in order to determine the eligibility of the request. Typically two pages, the letter should provide the following: - Description of the organization including a statement of mission - Purpose of the funding request - Total cost of the project, the amount requested, and fundraising status - Please attach: - List of donors contributing to the project in question - Copy of the applicant's IRS determination letter Please visit our website for the complete application procedure.
    cAny submission deadlines:
    There are no deadlines associated with Letters of Inquiry.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Priority is given to organizations that serve the metropolitan Atlanta area. Consideration will also be given to proposals that serve other parts of the state of Georgia as well as states in which the Life Insurance Company of Georgia operated. Proposals from beyond the metro Atlanta area, however, will be considered by invitation only. The Foundation provides support for capital campaigns and special projects. The strongest proposals will reflect and serve an organization's mission and address strategic priorities. Please visit our website for additional guidelines and restrictions.
    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
    AGNES SCOTT COLLEGE
    141 E COLLEGE AVE
    DECATUR,GA30030     		N/A 509(a)(1)(public cha ANNUAL FUND - B CLAY ROLADER 5,000
    CATHEDRAL PRESCHOOL THE
    2744 PEACHTREE RD NE
    ATLANTA,GA30305     		N/A 509(a)(1)(public cha ANNUAL FUND MATCHING GIFT 500
    CENTER FOR A SUSTAINABLE COAST
    221B MALLORY ST
    ST SIMONS ISLAND,GA31522     		N/A 509(a)(1)(public cha SAVE OUR COAST ENFORCEMENT 110,300
    CURE ALZHEIMER'S FUND
    34 WASHINGTON ST STE 300
    WELLESLEY HILLS,MA02481     		N/A 509(a)(1)(public cha ALZHEIMER'S RESEARCH 5,000
    FOUNDATION CENTER - ATLANTA
    50 HURT PLAZA STE 150
    ATLANTA,GA30303     		N/A 509(a)(1)(public cha GENERAL OPERATING SUPPORT 5,000
    LONGLEAF ALLIANCE
    12130 DIXON CENTER RD
    ANDALUSIA,AL36420     		N/A 509(a)(1)(public cha LONGLEAF ACADEMIES 77,448
    MOUNTAIN CONSERVATION TRUST OF GA
    104 N MAIN STREET STE B3
    JASPER,GA30143     		N/A 509(a)(1)(public cha GENERAL OPERATING SUPPORT 25,000
    WESTMINSTER SCHOOLS
    1424 W PACES FERRY RD NW
    ATLANTA,GA30327     		N/A 509(a)(1)(public cha OPERATING SUPPORT 6,500
    100 BLACK MEN OF ATLANTA
    241 PEACHTREE ST STE 300
    ATLANTA,GA30303     		N/A 509(a)(2)(public cha RELOCATION CAMPAIGN 75,000
    ACTORS EXPRESS
    887 W MARIETTA ST STE J-107
    ATLANTA,GA30318     		N/A 509(a)(2)(public cha THEATER SEATING RENOVATION 50,000
    AMERICAN CANCER SOCIETY
    250 WILLIAMS ST
    ATLANTA,GA30303     		N/A 509(a)(1)(public cha OPERATING SUPPORT 250
    ARCH FOUNDATION OF UGA
    394 S MILLEDGE AVE
    ATHENS,GA30602     		N/A 509(a)(2)(public cha HOSPITAL BUILDING FUND 25,000
    ARKANSAS SUSTAINABILITY NETWORK
    509 SCOTT ST
    LITTLE ROCK,AR72201     		N/A 509(a)(1)(public cha OPERATING SUPPORT 2,500
    ATLANTA SPEECH SCHOOL
    3160 NORTHSIDE PARKWAY NW
    ATLANTA,GA30327     		N/A 509(a)(1)(public cha ROOF REPAIR 147,000
    ATLANTA SPEECH SCHOOL
    3160 NORTHSIDE PARKWAY NW
    ATLANTA,GA30327     		N/A 509(a)(1)(public cha MATCHING GIFT 5,000
    ATLANTA SYMPHONY ORCHESTRA
    1280 PEACHTREE ST STE 4074
    ATLANTA,GA30309     		N/A 509(a)(1)(public cha OPERATING SUPPORT 500
    CAMP TWIN LAKES
    600 MEANS ST STE 110
    ATLANTA,GA30318     		N/A 509(a)(1)(public cha CAMP WILL-A-WAY RENOVATION 150,000
    CENTER FOR THE VISUALLY IMPAIRED
    739 W PEACHTREE ST
    ATLANTA,GA30308     		N/A 509(a)(1)(public cha OPERATING SUPPORT 50,000
    DUKE UNIVERSITY
    207 ALLEN BLDG
    DURHAM,NC37708     		N/A 509(a)(1)(public cha OPERATING SUPPORT 500
    EMORY UNIVERSITY SCHOOL OF MEDICINE
    1440 CLIFTON RD NE
    ATLANTA,GA30322     		N/A 509(a)(1)(public cha MACULAR DEGENERATION RESEARCH 225,000
    FLORIDA KEYS WILD BIRD REHABILITATION CENTER
    93600 OVERSEAS HWY
    TAVERNIER,FL33070     		N/A 509(a)(1)(public cha CAPITAL CAMPAIGN 20,000
    FRIENDS OF DISABLED ADULTS AND CHILDREN TOO
    4900 LEWIS ROAD
    STONE MOUNTAIN,GA30083     		N/A 509(a)(2)(public cha RENOVATION CAPITAL CAMPAIGN 50,000
    GEORGIA CENTER FOR NONPROFITS
    100 PEACHTREE ST STE 1500
    ATLANTA,GA30303     		N/A 509(a)(2)(public cha RELOCATION CAMPAIGN 35,000
    GEORGIA CHARTER SCHOOLS ASSOC
    600 W PEACHTREE ST STE 1555
    ATLANTA,GA30308     		N/A 509(a)(1)(public cha CHARTER OFFICE SOLUTIONS 50,000
    GEORGIA LIONS LIGHTHOUSE FDN
    1775 CLAIRMONT RD
    DECATUR,GA30033     		N/A 509(a)(2)(public cha RELOCATION CAMPAIGN 150,000
    GEORGIA PARTNERSHIP FOR EXCELLENCE IN EDUCATION
    233 PEACHTREE ST STE 2000
    ATLANTA,GA30303     		N/A 509(a)(1)(public cha OPERATING SUPPORT 50,000
    GEORGIA RESEARCH ALLIANCE
    50 HURT PLAZA STE 1220
    ATLANTA,GA30303     		N/A 509(a)(1)(public cha OPERATING SUPPORT 75,000
    GEORGIA SHAKESPEARE
    4484 PEACHTREE RD
    ATLANTA,GA30319     		N/A 509(a)(1)(public cha TESSITURA SOFTWARE 40,000
    GEORGIA STATE UNIVERSITY
    P O BOX 3999
    ATLANTA,GA30302     		N/A 509(a)(1)(public cha OPERATING SUPPORT 5,000
    GRADY MEMORIAL HOSPITAL CORP
    80 JESSE HILL JR DR
    ATLANTA,GA30303     		N/A 509(a)(1)(public cha GREATER GRADY CAMPAIGN 250,000
    HAMBIDGE CENTER FOR CREATIVE ARTS & SCIENCES
    P O BOX 339
    RABUN GAP,GA30568     		N/A 509(a)(1)(public cha OPERATING SUPPORT 250
    HOLY INNOCENTS' EPISCOPAL SCHOOL
    805 MT VERNON HWY
    ATLANTA,GA30327     		N/A 509(a)(2)(public cha BOBBY FAY MEMORIAL FUND 2,500
    HORIZON THEATER
    P O BOX 5376
    ATLANTA,GA31107     		N/A 509(a)(1)(public cha TESSITURA TICKETING SOFTWARE 22,000
    KIPP METRO ATLANTA COLLABORATIVE
    98 ANDERSON AVE
    ATLANTA,GA30314     		N/A 509(a)(2)(public cha IT UPGRADE 76,000
    LIONHEART SCHOOL
    180 ACADEMY ST
    ALPHARETTA,GA30009     		N/A 509(a)(2)(public cha CAPITAL CAMPAIGN 75,000
    LONGLEAF ALLIANCE
    12130 DIXON CENTER RD
    ANDALUSIA,AL36420     		N/A 509(a)(1)(public cha OPERATING SUPPORT 10,000
    MADISON-MORGAN CONSERVANCY
    P O BOX 752
    MADISON,GA30650     		N/A 509(a)(1)(public cha OPERATING SUPPORT 2,500
    NATURE CONSERVANCY
    1330 W PEACHTREE ST STE 410
    ATLANTA,GA30309     		N/A 509(a)(1)(public cha CAPITAL CAMPAIGN 200,000
    OUR HOUSE INC
    711 S COLUMBIA DR
    DECATUR,GA30030     		N/A 509(a)(1)(public cha OPERATING SUPPORT 45,000
    PACE ACADEMY
    966 W PACES FERRY RD
    ATLANTA,GA30327     		N/A 509(a)(1)(public cha MATCHING GIFT 500
    PARTNERS IN HEALTH
    643 HUNTINGTON AVE
    BOSTON,MA02115     		N/A 509(a)(1)(public cha OPERATING SUPPORT 250
    PREVENT BLINDNESS GEORGIA
    455 E PACES FERRY RD
    ATLANTA,GA30305     		N/A 509(a)(1)(public cha RETINAL IMAGING PROJECT 56,300
    SALVATION ARMY
    P O BOX 930189
    NORCROSS,GA30003     		N/A 509(a)(1)(public cha OPERATING SUPPORT 5,000
    ST MARK'S SCHOOL OF TEXAS
    10600 PRESTON RD
    DALLAS,TX75230     		N/A 509(a)(1)(public cha OPERATING SUPPORT 500
    TEACH FOR AMERICA
    10 PEACHTREE PLACE
    ATLANTA,GA30309     		N/A 509(a)(1)(public cha OPERATING SUPPORT 100,000
    WOODRUFF ARTS CENTER
    1280 PEACHTREE ST
    ATLANTA,GA30309     		N/A 509(a)(1)(public cha OPERATING SUPPORT 500
    COMMUNITIES IN SCHOOLS
    600 W PEACHTREE ST STE 1250
    ATLANTA,GA30308     		N/A 509(a)(1)(public cha OPERATING SUPPORT 50,000
    INSTITURE OF GEORGIA ENVIRONMENTAL LEADERSHIP
    P O BOX 363
    CAMILLA,GA31760     		N/A 509(a)(1)(public cha OPERATING SUPPORT 25,000
    THEATRICAL OUTFIT
    84 LUCKIE STREET
    ATLANTA,GA30303     		N/A 509(a)(1)(public cha OPERATING SUPPORT 45,000
    Total .................................bullet 3a 2,406,798
    bApproved for future payment
    GEORGIA CENTER FOR CHILD ADVOCACY
    1485 WOODLAND AVE
    ATLANTA,GA30316     		N/A 509(a)(1)(public cha STRATEGIC PLANNING 35,000
    GRADY MEMORIAL HOSPITAL CORP
    80 JESSE HILL JR DR
    ATLANTA,GA30303     		N/A 509(a)(1)(public cha GREATER GRADY CAMPAIGN 500,000
    LONGLEAF ALLIANCE
    12130 DIXON CENTER RD
    ANDALUSIA,AL36420     		N/A 509(a)(1)(public cha LONGLEAF ACADEMIES 77,448
    TEACH FOR AMERICA
    10 PEACHTREE PLACE
    ATLANTA,GA30309     		N/A 509(a)(1)(public cha GENERAL OPERATING SUPPORT 100,000
    Total ..................................bullet 3b 712,448
    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 1,324,621  
    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..... 900099 47,855 14 247,939  
    8Gain or (loss) from sales of assets other than inventory     18 488,897  
    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).. 47,855 2,061,457 0
    13Total. Add line 12, columns (b), (d), and (e)...................
    132,109,312
    (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:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    THE JACKSON GROUP - 990-PF PREP 12,876 6,438   6,438
    MOORE STEPHENS - PAYROLL RETURN PREP 1,844 0   1,844
    MOORE STEPHENS - AUDIT 20,000 10,000   10,000

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2010 DepreciationSchedule
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LEASEHOLD IMPROVEMENTS 2005-09-01 5,653 628 SL 39.000000000000 145 0    
    COMPUTER SERVER 2005-05-01 2,039 1,904 SL 5.000000000000 34 0    
    TELEPHONE SYSTEM 2005-05-01 2,457 1,639 SL 7.000000000000 351 0    
    DESK 2005-07-01 4,500 2,893 SL 7.000000000000 643 0    
    COMPUTER 2005-06-01 1,244 1,141 SL 5.000000000000 103 0    
    KITCHEN CHAIRS 2005-05-10 126 84 SL 7.000000000000 18 0    
    KITCHEN TABLE 2005-05-11 138 93 SL 7.000000000000 20 0    
    CHAIR AND BOOKCASE 2005-05-11 528 351 SL 7.000000000000 75 0    
    SIDE CHAIRS 2005-05-11 313 209 SL 7.000000000000 45 0    
    WEBSITE DESIGN 2005-12-02 2,072 2,072 SL 3.000000000000 0 0    
    MICROEDGE SOFTWARE 2005-12-07 11,074 11,074 SL 3.000000000000 0 0    
    DVD PLAYERS 2006-06-14 1,095 785 SL 5.000000000000 219 0    
    MICROEDGE SOFTWARE 2006-10-19 1,795 1,795 SL 3.000000000000 0 0    
    FURNITURE - RHD PARTNERS 2008-01-01 900 258 SL 7.000000000000 129 0    
    DELL COMPUTER - RHD PARTNERS (LISA) 2008-01-01 518 208 SL 5.000000000000 104 0    
    OFFICE FURNITURE - RHD PARTNERS (LISA) 2008-01-01 1,339 382 SL 7.000000000000 191 0    
    TELEPHONE SYSTEM - RHD PARTNERS 2008-01-01 708 284 SL 5.000000000000 142 0    
    SYMANTEC SOFTWARE - RHD PARTNERS 2008-01-01 206 138 SL 3.000000000000 68 0    
    POWER EDGE XEON SERVER - RHD PARTNERS 2008-01-01 349 140 SL 5.000000000000 6 0    
    SONIC WALL TZ - RHD PARTNERS 2008-01-01 76 30 SL 5.000000000000 1 0    
    COMPUTER - RHD PARTNERS (CODY) 2008-01-01 406 162 SL 5.000000000000 81 0    
    DISHWASHER - RHD PARTNERS 2008-01-01 136 38 SL 7.000000000000 19 0    
    QUICKBOOKS UPGRADE - RHD PARTNERS 2008-01-01 67 44 SL 3.000000000000 23 0    
    CHAIRS - RHD PARTNERS (LISA) 2008-01-01 40 12 SL 7.000000000000 6 0    
    TELEPHONE SYSTEM - WIRING - RHD PARTNERS 2008-01-01 225 90 SL 5.000000000000 45 0    
    TELEPHONE SYSTEM - DANIELLE 2008-02-21 385 141 SL 5.000000000000 77 0    
    OFFICE FURNITURE - DANIELLE 2008-02-21 11,212 2,937 SL 7.000000000000 1,602 0    
    Office for Mac software 2009-07-16 415 58 SL 3.000000000000 138 0    
    LAPTOP ACCESSORIES 2009-07-16 1,040 87 SL 5.000000000000 208 0    
    MACBOOK PRO LAPTOP 2009-07-16 1,986 166 SL 5.000000000000 397 0    
    SAFE 2009-09-17 459 16 SL 7.000000000000 66 0    
    RECEPTION CONSOLE TABLE 2009-10-01 756 27 SL 7.000000000000 108 0    
    DESK FOR DW 2009-11-22 2,448 29 SL 7.000000000000 350 0    
    DELL SERVER 2010-01-31 3,226   SL 5.000000000000 591 0    
    OFFICE CONSOLE TABLE 2010-05-27 259   SL 7.000000000000 22 0    

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Name of Bond End of Year Book Value End of Year Fair Market Value
    STI INSTL TOTAL RETURN BOND FUND - 343,479.945 SH 0 0
    STI INSTL SHORT-TERM BOND FD - 421292.038 SH 4,138,538 4,196,069
    STI CORP BOND FD #414 - 268032.689 SH 0 0

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Name of Stock End of Year Book Value End of Year Fair Market Value
    STI SM CAP VAL EQUITY - 118,604.96 SH 1,346,296 1,626,074
    PIMCO FDS PAC INVT MGMT SER - 73,145.085 SH 680,573 713,896
    STI AGGRESS GROWTH STK - 96,487.952 SH 1,041,796 1,455,038
    STI LARGE CAP RELATIVE - 100,024.431 SH 0 0
    STI LARGE CAP VALUE EQ - 425,258.46 SH 4,748,495 5,460,319
    LIGHTHOUSE CREDIT OPPS - 393.871 SH 465,000 492,878
    LHP DIV LTD OFFSHORE - 2656.161 SH 4,210,505 4,271,356
    LHP GLOBAL L/S LTD - 850.03 SH 1,175,000 1,175,142
    PIMCO COMMODITY REALRETURN - 248,599.005 2,012,122 2,309,485
    PRICE T ROWE REAL ESTATE - 43872.601 SH 531,161 767,771
    STI CLASSIC - HI INC I SHS - 137,999.305 SH 748,118 977,035
    STI CLASSIC - INTL EQUITY INDEX - 217892.483 SH 2,972,488 2,795,561
    JANUS INVT FD MIDCAP VAL - 25817.439 SH 0 0
    FEDERATED EQUITY FUNDS - 108791.157 SH 0 0
    STI LARGECAP GROWTH - 154252.141 SH 0 0
    STI MIDCAP VAL EQ - 283009.08 SH 2,891,140 3,359,318
    MFS SER TR I RESH INTL FD - 187336.153 SH 2,381,946 2,939,304
    LEGG MASON GLOBAL EMRG MKTS - 95637.484 SH 1,563,540 2,335,467
    ISHARES TR RUSSELL MIDCAP GROWTH - 30295 0 0
    ISHARES TR RUSSELL 3000 INDEX - 30542 SH 0 0
    ISHARES TR RUSSELL 2000 INDEX - 8380 SH 481,310 655,651
    ISHARES TR RUSSELL 1000 INDEX - 36903 SH 1,988,379 2,578,044
    ISHARES TR RUSSELL 1000 GRWTH - 71287 SH 3,511,869 4,081,894
    ISHARES TR MSCI EMERGING MKTS - 12768 SH 467,866 608,293
    ISHARES TR MSCI EAFE INDEX - 15415 769,382 897,461
    DREYFUS SMALLCAP GROWTH - 26559.951 SH 0 0
    INVESCO GROWTH SER SMALL CAP GROWTH FD - 51015.471 1,223,351 1,531,995
    GOLDMAN SACHS TR GROWTH OPPOR FD - 148485.428 3,195,868 3,615,620
    JENSEN PORTFOLIO INC - 51376.154 1,324,991 1,392,294
    PIMCO TOTAL RETURN FD - 333163.428 3,771,410 3,614,823
    RIDGEWORTH RE 130/30 - 88495.575 700,000 668,142

    TY 2010 InvestmentsOtherSchedule2
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    LYRICAL MULTI MGR OFFSHORE FD AT COST 0 0
    SILVER CREEK LOW VOL STRAT II LTD AT COST 1,945,361 1,681,982
    SILVER CREEK LOW VOL STRAT I AT COST 397,299 932,580
    GROWTH CAPITAL TEI PORTFOLIO LLC AT COST 0 0
    POINTER OFFSHORE LTD AT COST 7,289,575 8,014,212

    TY 2010 LandEtcSchedule2
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LEASEHOLD IMPROVEMENTS 5,653 773 4,880 0
    TELEPHONE SYSTEM 2,457 1,990 467 0
    DESK 4,500 3,536 964 0
    COMPUTER 1,244 1,244   0
    KITCHEN CHAIRS 126 102 24 0
    KITCHEN TABLE 138 113 25 0
    CHAIR AND BOOKCASE 528 426 102 0
    SIDE CHAIRS 313 254 59 0
    WEBSITE DESIGN 2,072 2,072   0
    MICROEDGE SOFTWARE 11,074 11,074   0
    DVD PLAYERS 1,095 1,004 91 0
    MICROEDGE SOFTWARE 1,795 1,795   0
    FURNITURE - RHD PARTNERS 900 387 513 0
    DELL COMPUTER - RHD PARTNERS (LISA) 518 312 206 0
    OFFICE FURNITURE - RHD PARTNERS (LISA) 1,339 573 766 0
    TELEPHONE SYSTEM - RHD PARTNERS 708 426 282 0
    SYMANTEC SOFTWARE - RHD PARTNERS 206 206   0
    COMPUTER - RHD PARTNERS (CODY) 406 243 163 0
    DISHWASHER - RHD PARTNERS 136 57 79 0
    QUICKBOOKS UPGRADE - RHD PARTNERS 67 67   0
    CHAIRS - RHD PARTNERS (LISA) 40 18 22 0
    TELEPHONE SYSTEM - WIRING - RHD PARTNERS 225 135 90 0
    TELEPHONE SYSTEM - DANIELLE 385 218 167 0
    OFFICE FURNITURE - DANIELLE 11,212 4,539 6,673 0
    Office for Mac software 415 196 219 0
    LAPTOP ACCESSORIES 1,040 295 745 0
    MACBOOK PRO LAPTOP 1,986 563 1,423 0
    SAFE 459 82 377 0
    RECEPTION CONSOLE TABLE 756 135 621 0
    DESK FOR DW 2,448 379 2,069 0
    DELL SERVER 3,226 591 2,635 0
    OFFICE CONSOLE TABLE 259 22 237 0


    TY 2010 LegalFeesSchedule
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ALSTON & BIRD - GENERAL CORP COUNSELING 11,074 5,537   5,537


    TY 2010 OtherAssetsSchedule
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    UNREALIZED APPRECIATION ON ASSETS 693,104 387,954  


    TY 2010 OtherExpensesSchedule
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CORP REGISTRATION EXPENSE 280 140   140
    PORTFOLIO EXPENSES - PASSTHROUGHS 32,057 32,057   0
    BANK FEES 276 0   276


    TY 2010 OtherIncomeSchedule2
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME - PASSTHROUGHS 99,104 99,104 99,104
    OTHER INCOME - PASSTHROUGHS 47,855 0 47,855
    ROYALTY INCOME - PASSTHROUGHS 313 313 313
    SUNTRUST REBATE 148,522 148,522 148,522


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SE COMMUNICATIONS - IT CONSULTING 5,383 0   5,383
    JESSIE BOND - PROGRAM REVIEW 10,613 0   10,613
    INVESTMENT MGMT FEES - SUNTRUST BANK 134,611 134,611   0
    SPERDUTO & ASSOC 8,698 0   8,698
    ZCONNECT 350 0   350
    INVESTMENT MGMT FEES - GENSPRING 32,175 32,175   0
    ALICE MILLER KEYES 11,078 0   11,078


    TY 2010 TaxesSchedule
    Name:
    R HOWARD DOBBS JR FOUNDATION INC
    EIN: 58-6033186
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES (K-1) 597 0   0
    EXCISE TAXES 37,037 0   0