TY 2010 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

OMB No. 1545-0052

2010

For calendar year 2010, or tax year beginning 11-01-2010 , and ending 10-31-2011

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

Amended returnAddress changeName change

Name of foundation
SCHNEIDER PHILIP H TR FOR VILLAGE

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 3636 Room/suite

City or town, state, and ZIP code
GRAND RAPIDS, MI495013636

A Employer identification number

38-6513806

B Telephone number (see page 10 of the instructions)

(616) 653-5629

C If exemption application is pending, check here bullet

D 1. Foreign organizations, check here . bullet

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

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

$2,078,866J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

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

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments	9		9
4	Dividends and interest from securities......	46,569		46,569
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		130,821
b	Gross sales price for all assets on line 6a 2,001,723
7	Capital gain net income (from Part IV, line 2)...			130,821
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	177,399		177,399
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......		550	275	0	275
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see page 14 of the instructions)		601	601		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		22,902	22,902
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	24,053		23,778	0	275
25	Contributions, gifts, grants paid........	105,722				105,722
26	Total expenses and disbursements. Add lines 24 and 25	129,775		23,778	0	105,997
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	47,624
b	Net investment income (if negative, enter -0-)			153,621
c	Adjusted net income (if negative, enter -0-)...				0

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

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

Form 990-PF (2010)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	281
	2	Savings and temporary cash investments..........	84,550	39,446	39,446
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see page 15 of the
		instructions)....................
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	1,873,911	1,966,920	2,039,420
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,958,742	2,006,366	2,078,866
	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 )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	1,949,942	2,006,366
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	8,800	0
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	1,958,742	2,006,366
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	1,958,742	2,006,366

Part III	Analysis of Changes in Net Assets or Fund Balances
1	Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
	with end-of-year figure reported on prior year’s return)...............	1	1,958,742
2	Enter amount from Part I, line 27a......................	2	47,624
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	2,006,366
5	Decreases not included in line 2 (itemize)	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	2,006,366

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.)		(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	320. IPATH DOW JONES-UBS COMMDTY	2010-12-14	2011-01-21
b	232. IPATH DOW JONES-UBS COMMDTY	2010-12-03	2011-01-21
c	850. IPATH DOW JONES-UBS COMMDTY	2010-12-03	2011-05-25
d	642. IPATH DOW JONES-UBS COMMDTY	2010-12-03	2011-07-21
e	726. IPATH DOW JONES-UBS COMMDTY	2010-12-03	2011-07-22
	155.416 BARON ASSET FD GROWTH & INCM	2010-04-12	2010-12-03
	34.608 BARON ASSET FD GROWTH & INCM	2010-06-16	2010-12-03
	21.666 BARON ASSET FD GROWTH & INCM	2010-07-27	2010-12-03
	58.476 BARON ASSET FD GROWTH & INCM	2004-11-05	2010-12-03
	74.62 BARON ASSET FD GROWTH & INCM	2004-11-05	2011-03-22
	69.543 BARON ASSET FD GROWTH & INCM	2004-11-05	2011-07-21
	54.407 BARON ASSET FD GROWTH & INCM	2009-08-18	2011-07-21
	.013 BARON ASSET FD GROWTH & INCM	2009-06-12	2011-07-21
	319.785 BARON ASSET FD GROWTH & INCM	2009-06-12	2011-08-25
	395.672 EUROPACIFIC GROWTH FD CL F-2	2008-04-07	2011-03-22
	149.846 EUROPACIFIC GROWTH FD CL F-2	2008-04-07	2011-05-25
	220.61 EUROPACIFIC GROWTH FD CL F-2	2008-04-07	2011-08-25
	175.192 FIFTH THIRD SHORT TERM BOND FUND	2004-05-10	2010-12-03
	1116.283 FIFTH THIRD SHORT TERM BOND FUND	2004-06-09	2010-12-03
	1201.47 FIFTH THIRD SHORT TERM BOND FUND	2004-12-10	2010-12-03
	1433.24 FIFTH THIRD SHORT TERM BOND FUND	2010-03-18	2010-12-03
	518.734 FIFTH THIRD SHORT TERM BOND FUND	2009-11-09	2010-12-03
	611.243 FIFTH THIRD SHORT TERM BOND FUND	2008-04-04	2010-12-03
	1622.303 FIFTH THIRD SHORT TERM BOND FUND	2009-08-18	2010-12-03
	504.636 FIFTH THIRD SHORT TERM BOND FUND	2011-05-25	2011-08-25
	498.375 FIFTH THIRD SHORT TERM BOND FUND	2009-08-18	2011-08-25
	1631.603 FIFTH THIRD SHORT TERM BOND FUND	2008-06-17	2011-08-25
	326.378 FIFTH THIRD SHORT TERM BOND FUND	2008-08-12	2011-08-25
	2489.177 FIFTH THIRD SHORT TERM BOND FUND	2006-06-01	2011-08-25
	1467.177 FIFTH THIRD SHORT TERM BOND FUND	2009-05-11	2011-08-25
	6037.656 FIFTH THIRD SHORT TERM BOND FUND	2009-04-10	2011-08-25
	1437.222 GOLDMAN SACHS M/C VALUE-INST	2010-09-27	2010-12-03
	151.6 GOLDMAN SACHS M/C VALUE-INST	2010-09-27	2010-12-14
	204.191 GOLDMAN SACHS M/C VALUE-INST	2010-09-27	2011-03-22
	137.586 GOLDMAN SACHS M/C VALUE-INST	2010-09-27	2011-07-21
	459.077 GOLDMAN SACHS M/C VALUE-INST	2010-09-27	2011-08-25
	68.518 GROWTH FD AMER INC CL F2	2010-07-27	2010-12-03
	1285.521 GROWTH FD AMER INC CL F2	2004-11-05	2010-12-03
	232.511 GROWTH FD AMER INC CL F2	2011-01-21	2011-03-22
	949.368 GROWTH FD AMER INC CL F2	2011-01-03	2011-03-22
	4090.63 GROWTH FD AMER INC CL F2	2004-11-05	2011-03-22
	343.389 GROWTH FD AMER INC CL F2	2009-08-18	2011-03-22
	95.322 GROWTH FD AMER INC CL F2	2008-11-10	2011-03-22
	630.239 GROWTH FD AMER INC CL F2	2008-10-15	2011-03-22
	1619.275 GROWTH FD AMER INC CL F2	2009-04-09	2011-03-22
	280.939 GROWTH FD AMER INC CL F2	2009-02-09	2011-03-22
	409.975 HARBOR CAPITAL APPRECIATION	2011-03-22	2011-05-25
	554.762 HARBOR CAPITAL APPRECIATION	2011-03-22	2011-07-21
	1174.342 HUSSMAN STRATEGIC GROWTH FUND	2010-12-03	2010-12-14
	4262.714 HUSSMAN STRATEGIC GROWTH FUND	2010-12-03	2011-01-21
	118. ISHARES BARCLAYS TIPS BOND FUND	2011-05-25	2011-07-21
	99. ISHARES BARCLAYS TIPS BOND FUND	2011-03-22	2011-07-21
	4. ISHARES BARCLAYS TIPS BOND FUND	2010-12-03	2011-07-21
	686. ISHARES COHEN & STEERS REALTY ETF	2010-12-03	2011-01-21
	79. ISHARES COHEN & STEERS REALTY ETF	2010-12-03	2011-03-22
	58. ISHARES COHEN & STEERS REALTY ETF	2010-12-03	2011-05-25
	445.594 LORD ABBETT BOND DEBENTURE FD CL-A	2010-07-27	2010-12-03
	2337.925 MFS VALUE FUND CLASS I	2010-09-27	2010-12-03
	571.334 MFS VALUE FUND CLASS I	2010-09-27	2010-12-14
	292.29 MFS VALUE FUND CLASS I	2011-03-22	2011-05-25
	223.917 MFS VALUE FUND CLASS I	2011-03-22	2011-07-21
	1748.577 MERGER FD SH BEN INT	2011-05-25	2011-07-21
	4846.526 MERGER FD SH BEN INT	2011-05-25	2011-08-25
	673.451 OPPENHEIMER DVLPING MKTS-Y	2010-07-27	2010-12-03
	260.744 OPPENHEIMER DVLPING MKTS-Y	2010-12-14	2011-01-21
	551.211 OPPENHEIMER DVLPING MKTS-Y	2010-07-27	2011-01-21
	575.902 OPPENHEIMER DVLPING MKTS-Y	2010-07-27	2011-03-22
	123.827 OPPENHEIMER DVLPING MKTS-Y	2010-07-27	2011-05-25
	328.391 OPPENHEIMER DVLPING MKTS-Y	2011-07-21	2011-08-25
	1555.016 PIMCO ALL ASSET ALL AUTH FUND	2010-12-03	2010-12-14
	269.56 PIMCO ALL ASSET ALL AUTH FUND	2010-12-03	2011-03-22
	4033.629 PIMCO ALL ASSET ALL AUTH FUND	2010-12-03	2011-05-25
	618.364 PIMCO ALL ASSET ALL AUTH FUND	2010-12-03	2011-07-21
	2366.752 PIMCO ALL ASSET ALL AUTH FUND	2011-01-21	2011-07-21
	319.475 PIMCO ALL ASSET ALL AUTH FUND	2011-01-21	2011-08-25
	1642.354 PIMCO TOTAL RETURN FUND	2010-06-16	2010-12-03
	8742.837 PIMCO TOTAL RETURN FUND	2008-04-07	2010-12-03
	2273.935 PIMCO TOTAL RETURN FUND	2008-04-07	2011-01-21
	1515.294 PIMCO TOTAL RETURN FUND	2008-04-07	2011-03-22
	731.913 PIMCO TOTAL RETURN FUND	2008-04-07	2011-05-25
	2427.403 PIMCO TOTAL RETURN FUND	2011-07-21	2011-08-25
	8651.409 PIMCO TOTAL RETURN FUND	2008-04-07	2011-08-25
	249.254 PIMCO TOTAL RETURN FUND	2009-11-09	2011-08-25
	297.568 PIMCO TOTAL RETURN FUND	2009-12-09	2011-08-25
	82.774 PIMCO TOTAL RETURN FUND	2009-12-09	2011-08-25
	2868.699 PIMCO TOTAL RETURN FUND	2010-12-14	2011-08-25
	500.487 PIMCO TOTAL RETURN FUND	2009-08-18	2011-08-25
	801.862 PIMCO TOTAL RETURN FUND	2008-08-12	2011-08-25
	3901.061 PIMCO TOTAL RETURN FUND	2008-06-17	2011-08-25
	647.105 PIMCO TOTAL RETURN FUND	2008-04-07	2011-08-25
	1136.074 PIMCO TOTAL RETURN FUND	2008-04-07	2011-08-25
	1967.848 PIMCO TOTAL RETURN FUND	2009-05-11	2011-08-25
	2019.278 PIMCO TOTAL RETURN FUND	2009-04-09	2011-08-25
	751.176 T ROWE PRICE MID-CAP GROWTH FUND	2010-03-18	2010-12-03
	113.471 T ROWE PRICE MID-CAP GROWTH FUND	2011-01-21	2011-03-22
	27.232 T ROWE PRICE MID-CAP GROWTH FUND	2010-03-18	2011-03-22
	85.815 T ROWE PRICE MID-CAP GROWTH FUND	2010-03-18	2011-07-21
	285.037 T ROWE PRICE MID-CAP GROWTH FUND	2010-03-18	2011-08-25
	1932.243 ROWE T PRICE US TREAS FDS LONG TERM FD	2008-07-11	2010-12-03
	1343.383 ROWE T PRICE US TREAS FDS LONG TERM FD	2008-07-11	2010-12-03
	1080.036 ROWE T PRICE US TREAS FDS LONG TERM FD	2008-07-11	2011-01-21
	220.795 ROWE T PRICE US TREAS FDS LONG TERM FD	2008-07-11	2011-03-22
	2561.205 ROWE T PRICE US TREAS FDS LONG TERM FD	2008-07-11	2011-08-25
	619.669 ROYCE FD TOTAL RETURN FD	2008-08-12	2010-12-03
	718.53 ROYCE FD TOTAL RETURN FD	2010-04-12	2010-12-03
	457.532 ROYCE FD TOTAL RETURN FD	2010-04-12	2010-12-14
	430.553 ROYCE FD TOTAL RETURN FD	2010-04-12	2011-03-22
	37.199 ROYCE FD TOTAL RETURN FD	2008-07-11	2011-03-22
	272.441 ROYCE FD TOTAL RETURN FD	2008-07-11	2011-07-21
	156.997 ROYCE FD TOTAL RETURN FD	2008-08-12	2011-07-21
	7.529 ROYCE FD TOTAL RETURN FD	2010-07-27	2011-07-21
	2.048 ROYCE FD TOTAL RETURN FD	2010-07-27	2011-08-25
	333.536 ROYCE FD TOTAL RETURN FD	2010-06-16	2011-08-25
	255.33 ROYCE FD TOTAL RETURN FD	2010-02-16	2011-08-25
	89.179 ROYCE FD TOTAL RETURN FD	2009-08-18	2011-08-25
	635.645 ROYCE FD TOTAL RETURN FD	2009-06-12	2011-08-25
	64. SPDR GOLD TRUST [WHFIT]	2011-07-21	2011-08-25

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	15,688	15,062	626
b	11,374	10,765	609
c	41,571	39,440	2,131
d	31,866	29,789	2,077
e	36,055	33,686	2,369
	7,609	7,033	576
	1,694	1,534	160
	1,061	949	112
	2,863	2,434	429
	4,043	3,106	937
	3,954	2,895	1,059
	3,093	1,989	1,104
	1		1
	15,359	11,093	4,266
	16,519	19,228	-2,709
	6,350	7,282	-932
	8,090	10,721	-2,631
	1,678	1,678
	10,694	10,672	22
	11,510	11,450	60
	13,730	13,616	114
	4,969	4,912	57
	5,856	5,746	110
	15,542	15,185	357
	4,829	4,839	-10
	4,769	4,665	104
	15,614	15,223	391
	3,123	3,035	88
	23,821	23,000	821
	14,041	13,410	631
	57,780	54,279	3,501
	50,662	45,962	4,700
	5,364	4,848	516
	7,620	6,530	1,090
	5,271	4,400	871
	14,470	14,681	-211
	2,060	1,846	214
	38,643	33,883	4,760
	7,247	7,154	93
	29,592	29,155	437
	127,505	107,819	19,686
	10,703	8,396	2,307
	2,971	2,029	942
	19,645	13,324	6,321
	50,473	34,070	16,403
	8,757	5,755	3,002
	15,964	15,120	844
	22,701	20,460	2,241
	14,528	14,938	-410
	50,889	54,222	-3,333
	13,168	13,068	100
	11,047	10,836	211
	446	435	11
	45,458	44,304	1,154
	5,424	5,102	322
	4,206	3,746	460
	3,458	3,346	112
	52,042	49,424	2,618
	12,924	12,078	846
	7,071	6,945	126
	5,412	5,320	92
	28,292	28,414	-122
	75,363	78,756	-3,393
	23,631	20,284	3,347
	9,082	9,131	-49
	19,199	16,602	2,597
	19,788	17,346	2,442
	4,325	3,730	595
	10,095	11,586	-1,491
	16,810	17,121	-311
	2,892	2,968	-76
	44,209	44,410	-201
	6,753	6,808	-55
	25,845	24,946	899
	3,428	3,367	61
	18,789	18,279	510
	100,018	95,734	4,284
	24,649	24,900	-251
	16,502	16,592	-90
	8,073	8,014	59
	26,604	26,774	-170
	94,819	94,733	86
	2,732	2,727	5
	3,261	3,241	20
	907	901	6
	31,441	30,781	660
	5,485	5,345	140
	8,788	8,484	304
	42,756	41,234	1,522
	7,092	6,762	330
	12,451	11,872	579
	21,568	20,407	1,161
	22,131	20,496	1,635
	44,860	38,355	6,505
	6,965	6,728	237
	1,672	1,390	282
	5,429	4,382	1,047
	15,147	14,554	593
	22,704	23,110	-406
	15,785	16,067	-282
	12,021	12,917	-896
	2,493	2,641	-148
	32,860	30,632	2,228
	8,000	7,647	353
	9,276	8,565	711
	6,003	5,454	549
	5,834	5,132	702
	504	433	71
	3,828	3,174	654
	2,206	1,804	402
	106	86	20
	24	23	1
	3,972	3,786	186
	3,041	2,742	299
	1,062	863	199
	7,571	5,867	1,704
	10,640	9,960	680

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			626
b			609
c			2,131
d			2,077
e			2,369
			576
			160
			112
			429
			937
			1,059
			1,104
			1
			4,266
			-2,709
			-932
			-2,631

			22
			60
			114
			57
			110
			357
			-10
			104
			391
			88
			821
			631
			3,501
			4,700
			516
			1,090
			871
			-211
			214
			4,760
			93
			437
			19,686
			2,307
			942
			6,321
			16,403
			3,002
			844
			2,241
			-410
			-3,333
			100
			211
			11
			1,154
			322
			460
			112
			2,618
			846
			126
			92
			-122
			-3,393
			3,347
			-49
			2,597
			2,442
			595
			-1,491
			-311
			-76
			-201
			-55
			899
			61
			510
			4,284
			-251
			-90
			59
			-170
			86
			5
			20
			6
			660
			140
			304
			1,522
			330
			579
			1,161
			1,635
			6,505
			237
			282
			1,047
			593
			-406
			-282
			-896
			-148
			2,228
			353
			711
			549
			702
			71
			654
			402
			20
			1
			186
			299
			199
			1,704
			680

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	130,821
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . .		3

Part V

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

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

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

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

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

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2009	101,745	2,020,014	0.050368
2008	68,272	1,809,740	0.037725
2007	113,301	2,231,856	0.050765
2006	120,656	2,239,386	0.053879
2005	116,275	2,309,066	0.050356

2	Total of line 1, column (d) ......................	2	0.243094
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	0.048619
4	Enter the net value of noncharitable-use assets for 2010 from Part X, line 5.....	4	2,158,960
5	Multiply line 4 by line 3.......................	5	104,966
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	1,536
7	Add lines 5 and 6.........................	7	106,502
8	Enter qualifying distributions from Part XII, line 4..............	8	105,997
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions on page 18.

Form 990-PF (2010)

Page 4

Part VI

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

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	3,072
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2............................	3	3,072
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	3,072
6	Credits/Payments:

a	2010 estimated tax payments and 2009 overpayment credited to 2010	6a	234
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	234
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	5
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	2,843
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2011 estimated tax0	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

Yes

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

instructions) bullet

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

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

Yes

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

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

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

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

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

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

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

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

Yes

Website address bullet

The books are in care of bullet

Fifth Third Bank Telephone no. bullet

(616) 653-5629

Located at bullet

111 LYON ST NWGRAND RAPIDSMI ZIP+4 bullet

49503

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

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

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

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

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

Form 990-PF (2010)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

If “Yes,” list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

If “Yes” to 6b, file Form 8870.

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

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

Form 990-PF (2010)

Page 6

Part VIII

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

1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
FIFTH THIRD BANK	TRUSTEE 1	0
111 LYON ST NW GRAND RAPIDS,MI49503	TRUSTEE 1	0

2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions). If none, enter “NONE.”
(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Form 990-PF (2010)

Page 7

Part IX-B

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

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


2


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

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

Part X

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

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

purposes:

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

2,191,838

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

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

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

2,191,838

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

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

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

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

2,191,838

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

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

32,878

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

2,158,960

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

107,948

Part XI

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

and do not complete this part.)

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

107,948

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

3,072

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

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

3,072

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

104,876

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

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

104,876

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

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

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

104,876

Part XII

Qualifying Distributions (see page 25 of the instructions)

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

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

105,997

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

105,997

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

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

105,997

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

Form 990-PF (2010)

Page 8

Part XIII

Undistributed Income (see page 26 of the instructions)

		(a) Corpus	(b) Years prior to 2009	(c) 2009	(d) 2010
1 Distributable amount for 2010 from Part XI, line 7					104,876
2 Undistributed income, if any, as of the end of 2010:
a Enter amount for 2009 only.......				0
b Total for prior years:2008, 20, 20			0
3 Excess distributions carryover, if any, to 2010:
a From 2005.......	0
b From 2006.......	0
c From 2007.......	2,665
d From 2008.......	0
e From 2009.......	1,676
fTotal of lines 3a through e.........		4,341
4Qualifying distributions for 2010 from Part
XII, line 4: $ 105,997
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.....					104,876
e Remaining amount distributed out of corpus		1,121
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		5,462
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount—see page 27 of the instructions ...			0
e Undistributed income for 2009. Subtract line 4a from line 2a. Taxable amount—see page 27 of the instructions ...........				0
f Undistributed income for 2010. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2011 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see page 27 of the instructions) ...........		0
8Excess distributions carryover from 2005 not applied on line 5 or line 7 (see page 27 of the instructions) .............		0
9Excess distributions carryover to 2011. Subtract lines 7 and 8 from line 6a ......		5,462
10 Analysis of line 9:
a Excess from 2006....	0
b Excess from 2007....	2,665
c Excess from 2008....	0
d Excess from 2009....	1,676
e Excess from 2010....	1,121

Form 990-PF (2010)

Page 9

Part XIV

Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2010, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

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

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ....
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets” alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment” alternative test— enter 2⁄3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support” alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see page 27 of the instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

NONE

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

NONE

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

Check here bullet

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

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

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

cAny submission deadlines:

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

Form 990-PF (2010)

Page 10

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
LOWELL AREA HOUSING INC 725 BOWES RD LOWELL,MI49331	NONE	509(A)(1)	LOW INCOME HOUSING	105,722
Total ................................. 3a				105,722

bApproved for future payment

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

Form 990-PF (2010)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(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				0	9
4 Dividends and interest from securities....				0	46,569
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6Net rental income or (loss) from personal property
7 Other investment income.....
8Gain or (loss) from sales of assets other than inventory				0	130,821
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	177,399

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

13177,399

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See page 28 of the instructions.)
4	INVESTMENT INCOME EARNED BY THIS TRUST IS USED TO MAKE
8	CHARITABLE CONTRIBUTIONS
3	.

Form 990-PF (2010)

Page 12

Part XVII

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

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

Yes

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

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If “Yes,” complete the following schedule.

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

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

	Signature of officer or trustee	Date	Title

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

Form 990-PF (2010)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2010 AccountingFeesSchedule

Name:

SCHNEIDER PHILIP H TR FOR VILLAGE

EIN: 38-6513806

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE	550	275		275

- TIN:

TY 2010 InvestmentsOtherSchedule2

Name:

SCHNEIDER PHILIP H TR FOR VILLAGE

EIN: 38-6513806

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
BARON GROWTH FUND	AT COST	15,087	24,799
LORD ABBETT BD DEB FD	AT COST	97,415	105,957
T ROWE PRICE US TREAS FDS	AT COST	63,704	73,828
ROYCE TOTAL RETURN FD	AT COST	16,778	24,542
EUROPACIFIC GROWTH FD CL	AT COST	209,795	198,958
GOLDMAN SACHS MID CAP VALUE	AT COST	23,146	24,956
MFS VALUE FUND CLASS 1	AT COST	248,147	264,176
OPPENHEIMER DVLPING MKTS	AT COST	148,140	153,105
T ROWE PRICE MIDCAP	AT COST	22,017	25,347
DODGE & COX INCOME	AT COST	275,890	276,508
I SHARES BARCLAYS TIPS BOND	AT COST	32,754	35,296
OPPENHEIMER INTL BD FD	AT COST	68,972	66,300
PIMCO FUNDS MORTGAGES	AT COST	68,972	68,783
TCW FDS INC EMERGING MKTS	AT COST	68,972	67,063
HARBOR FUND CAP APPRECIATION	AT COST	257,499	268,728
HUSSMAN STRATEGIC GROWTH FUND	AT COST	73,153	72,520
PIMCO ALL ASSET ALL AUTHOR FD	AT COST	71,998	73,569
SPDR GOLD TRUST	AT COST	56,958	61,246
ISHARES COHEN & STEERS REALTY	AT COST	147,523	153,739

- TIN:

TY 2010 OtherExpensesSchedule

Name:

SCHNEIDER PHILIP H TR FOR VILLAGE

EIN: 38-6513806

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
BANK SERVICE FEES	11,469	11,469		0
BANK SERVICE FEES	11,433	11,433		0

- TIN:

TY 2010 TaxesSchedule

Name:

SCHNEIDER PHILIP H TR FOR VILLAGE

EIN: 38-6513806

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES ON QUALIFIED FOR	601	601		0