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
CHARLES J LYNN TRUST UW 2835168510 R60707008
 

Number and street (or P.O. box number if mail is not delivered to street address)C/O JPMORGAN CHASE BANKNAPOBOX 3038   Room/suite
City or town, state, and ZIP code
MILWAUKEE, WI53201
A Employer identification number

35-6009281
B Telephone number (see page 10 of the instructions)

(414) 977-1210
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$50,011,646J 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 339,532 339,532  
4 Dividends and interest from securities...... 626,095 625,624  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 948,476
b Gross sales price for all assets on line 6a 31,019,370
7 Capital gain net income (from Part IV, line 2)... 948,476
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).......      
12 Total. Add lines 1 through 11........ 1,914,103 1,913,632  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 270,516 202,887   67,629
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,305 0   1,305
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 28,711 9,211   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 300,532 212,098   68,934
25 Contributions, gifts, grants paid........ 2,064,150 2,064,150
26 Total expenses and disbursements. Add lines 24 and 25 2,364,682 212,098   2,133,084
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -450,579
b Net investment income (if negative, enter -0-) 1,701,534
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............... 208,821 135,726 135,726
2 Savings and temporary cash investments.......... 1,173,491 2,425,491 2,425,491
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)........ 22,993,137 Click to see attachment29,319,885 34,054,527
c Investments—corporate bonds (attach schedule)........ 13,334,116 Click to see attachment12,726,674 13,395,902
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 7,320,467    
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 45,030,032 44,607,776 50,011,646
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 45,030,032 44,607,776
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see page 17 of the
instructions).................... 45,030,032 44,607,776
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 45,030,032 44,607,776
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 45,030,032
2 Enter amount from Part I, line 27a...................... 2 -450,579
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 28,887
4 Add lines 1, 2, and 3.......................... 4 44,608,340
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 564
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 44,607,776
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 PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(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 31,000,628   30,070,894 929,734
b 18,742     18,742
c
d
e
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       929,734
b       18,742
c
d
e
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 2 948,476
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 2,690,057 42,702,719 0.062995
2008 3,174,894 54,204,775 0.058572
2007 2,947,005 65,363,576 0.045086
2006 2,658,689 60,966,202 0.043609
2005 1,342,993 56,702,659 0.023685
2 Total of line 1, column (d) ...................... 2 0.233947
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 0.046789
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 46,558,303
5 Multiply line 4 by line 3....................... 5 2,178,416
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 17,015
7 Add lines 5 and 6......................... 7 2,195,431
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,133,084
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 34,031
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 34,031
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 34,031
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 25,752
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 25,752
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 8,279
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet   Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?.............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    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)bulletIN
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletJPMORGAN CHASE BANK NA Telephone no.bullet (317) 684-3272
    Located atbulletI EAST OHIO STREETINDIANAPOLISIN ZIP+4bullet46277
    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
    JPMORGAN CHASE BANK NA TRUSTEE
    2.00     		270,516 0 0
    PO BOX 3038
    MILWAUKEE,WI53201
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................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
    45,813,336
    b
    Average of monthly cash balances.......................
    1b
    1,453,977
    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
    47,267,313
    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
    47,267,313
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    709,010
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    46,558,303
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    2,327,915
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    2,327,915
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    34,031
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    34,031
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,293,884
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    2,293,884
    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
    2,293,884
    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
    2,133,084
    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
    2,133,084
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    2,133,084
    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 2,293,884
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 2,064,151
    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$ 2,133,084
    a Applied to 2009, but not more than line 2a 2,064,151
    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..... 68,933
    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 ..........     		2,224,951
    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:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    HANOVER COLLEGE
    PO BOX 108
    HANOVER,IN47243     		NONE PUBLIC CHARITY PROGRAM SUPPORT 412,830
    INDIANAPOLIS RETIREMENT HOME
    615 N ALABAMA ST 119
    INDIANPOLIS,IN46204     		NONE PUBLIC CHARITY PROGRAM SUPPORT 206,415
    METHODIST HEALTH FOUNDATION
    1800 N CAPITAL AVE
    INDIANAPOLIS,IN46207     		NONE PUBLIC CHARITY PROGRAM SUPPORT 206,415
    PURDUE RESEARCH FOUNDATION
    3000 KENT AVENUE
    WEST LAFAYETTE,IN47906     		NONE PUBLIC CHARITY PROGRAM SUPPORT 619,245
    VISITING NURSE SERVICE FOUNDATION
    4701 N KEYSTONE AVE
    INDIANAPOLIS,IN46205     		NONE PUBLIC CHARITY PROGRAM SUPPORT 206,415
    WABASH COLLEGE
    PO BOX 352
    CRAWFORDSVILLE,IN47933     		NONE PUBLIC CHARITY PROGRAM SUPPORT 206,415
    YMCA OF GREATER INDIANAPOLIS
    615 N ALABAMA ST 408
    INDIANAPOLIS,IN46204     		NONE PUBLIC CHARITY PROGRAM SUPPORT 206,415
    Total .................................bullet 3a 2,064,150
    bApproved for future payment
    Total ..................................bullet 3b 0
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 339,532  
    4 Dividends and interest from securities....     14 626,095  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....     14    
    8Gain or (loss) from sales of assets other than inventory     18 948,476  
    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 1,914,103 0
    13Total. Add line 12, columns (b), (d), and (e)...................
    131,914,103
    (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:
    CHARLES J LYNN TRUST UW 2835168510 R60707008
    EIN: 35-6009281
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEES 1,305 0   1,305

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    CHARLES J LYNN TRUST UW 2835168510 R60707008
    EIN: 35-6009281
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GOLDMAN SACHS TRUST HIGH YIELD FUND INSTITUTIONAL SHS - 197133.62 SHS 1,389,072 1,439,075
    ISHARES BARCLAYS TIPS BOND FUND - 4315 SHS 435,617 463,949
    EATON VANCE MUT FDS TR FLT RT CL I - 106733.609 SHS 928,147 956,333
    JPM HIGH YIELD FD - SEL FUND 3580 5.91% - 295741.329 SHS 2,202,663 2,410,292
    DREYFUS/LAUREL FDS TR PRM EMRGN MK I - 68750.987 SHS 944,496 994,139
    JPM STR INC OPP FD FUND 3844 2.33% - 61686.014 SHS 709,362 729,746
    JPM INTL CURRENCY INCOME FD INCOME FUND 1.28% - 43263.061 SHS 472,000 486,709
    NATIONSBANK CORP SUB NOTES 7.80% SEP 15 2016 DTE 9/24/96 - 54000 SHS 58,860 59,759
    NORFOLK SOUTHERN CORP NOTES 7.70% MAY 15 2017 DTD 5/19/97 - 15000 SHS 16,745 18,321
    U S A BOND STRIPPED PRIN PMT ZERO CPN MAY 15 2017 DTD 05/16/87 - 115000 SHS 90,520 97,474
    U S A BONDS 7 1/4% MAY 15 2016 DTD 5/15/86 - 160000 SHS 190,672 201,712
    U S A BONDS 9% NOV 15 2018 DTD 11/15/88 - 100000 SHS 147,277 144,242
    WAL MART STORES INC 7 1/4% JUN 1 2013 DTD 6/1/93 - 20000 SHS 22,271 22,944
    ARROW ELECTRONICS INC 6 7/8% JUN 01 2018 DTD 06/03/1998 - 20000 SHS 21,633 22,528
    FHLMC GOLD PARTIC CTF 6% JAN 1 2029 DTD 1/1/99 POOL # C00702 - 14994.26 SHS 14,810 16,479
    FNMA GTD MTGE PASS THRU CTF 6% 1-1-2029 DTD 1/1/99 #481427 - 4884.08 SHS 4,857 5,380
    FNMA GTD REMIC PASS THRU CTF REMIC TR SER 1993-208 11/1/93- 39645.75 SHS 41,021 45,050
    SBC COMMUNICATIONS INC NOTES 5 7/8% AUG 15 2012 DTD 8/19/2002 - 10000 SHS 10,306 10,774
    VERIZON GLOBAL FUNDING CORP NOTES 7 3/8% 9-1-2012 DTD 8/26/2002 - 10000 SHS 10,913 11,041
    WELLPOINT HEALTH NETWORK NOTES 6 3/8% JAN 15 2012 DTD 1/16/2002 - 10000 SHS 10,255 10,541
    MORGAN STANLEY DW CAP I SER 2003 11-13-2036 DTD 2/1/2003 - 25000 SHS 24,176 26,145
    BOEING COMPANY NOTES 5 1/8% FEB 15 2013 DTD 2/11/2003 - 10000 SHS 9,968 10,824
    U S A BONDS 3 7/8% FEB 15 2013 DTD 2/15/2003 - 200000 SHS 194,665 213,704
    GOLDMAN SACHS GROUP INC NOTES 5 1/4% APR 1 2013 DTD 3/31/2003 - 25000 SHS 26,013 26,839
    FHLMC REMIC 4 1/2% MAY 15 2018 DTD 5/1/2003 - 25000 SHS 23,477 26,764
    FANNIE MAE SER 2002-12 CL PG 6% MAR 25 2017 DTD 2/1/2002 - 26763.58 SHS 27,115 28,975
    DEUTSCHE TELEKOM INT FIN NOTES 5 1/4% JUL 22 2013 DTD 7/22/2003 - 10000 SHS 9,806 10,830
    MORGAN STANLEY NOTES 4 3/4% APR 1 2014 DTD 3/30/2004 - 50000 SHS 50,700 51,202
    U S A NOTES 4 1/4% AUG 15 2014 DTD 8/15/2004 - 125000 SHS 118,987 137,891
    MERRILL LYNCH & COMPANY NOTES 5% JAN 15 2015 DTD 11/22/2004 - 25000 SHS 24,482 26,032
    U S A NOTES 4% FEB 15 2015 DTD 2/15/2005 - 325000 SHS 351,647 356,054
    WELLS FARGO & COMPANY SUB NOTES 4.95% OCT 16 2013 DTD 10/16/2003 - 25000 SHS 24,947 26,775
    HSBC FINANCE CORPORATION NOTES 4 3/4% JUL 15 2013 DTD 7/21/2003 - 15000 SHS 14,671 15,820
    KIMBERLY-CLARK CORPORATION 4 7/8% AUG 15 2015 DTD 8/11/2005 - 10000 SHS 9,829 11,083
    FREDDIE MAC PARTIC CTF 6% MAY 1 2017 DTD 5/1/2002 #E01140 - 47293.18 SHS 47,426 51,439
    CITIGROUP INC SENIOR NOTES 5.3% JAN 7 2016 DTD 12/8/2005 - 50000 SHS 49,664 53,090
    CISCO SYSTEMS NOTES 5 1/2% FEB 22 2016 DTD 2/22/2006 - 15000 SHS 14,624 17,117
    COMCAST CORP 6 1/2% JAN 15 2017 DTD 7/14/2006 - 15000 SHS 16,201 17,292
    FHLMC REMIC SER 2720 CL PC 5% DEC 15 2023 DTD 12/1/2003 - 55000 SHS 52,568 56,649
    BHP BILLITON FINANCE USA 5 1/4% DEC 15 2015 DTD 12/12/2005 - 20000 SHS 19,119 22,212
    OHIO POWER COMPANY 4.85% JAN 15 2014 DTD 7/11/2003 - 25000 SHS 24,454 26,492
    FANNIE MAE SER 2004-70 CL DN 4% DEC 25 2029 DTD 9/1/2004 - 38570.34 SHS 36,835 39,625
    FREDDIE MAC 6% SER 2363 CL PF SEP 15 2016 DTD 09/01/2001 - 7072.03 SHS 7,580 7,628
    FREDDIE MAC 6% SER 2425 CL OB MAR 15 2017 DTD 03/01/2002 - 13119.5 SHS 14,013 13,903
    FREDDIE MAC 6% SER-2344 CL QG AUG 15 2016 DTD 8/01/01 - 32869.86 SHS 33,358 35,416
    FREDDIE MAC GOLD PARTIC CTF 6.50% DEC 01 2012 DTD 11/01/1997 - 3252.2 SHS 3,304 3,411
    FREDDIE MAC GOLD PARTIC CTF 4% AUG 01 2018 DTD 08/01/2003 - 9003.66 SHS 9,011 9,368
    FANNIE MAE 5% OCT 1 2012 DTD 9/1/02 POOL NO 254506 - 3102.53 SHS 3,195 3,300
    FANNIE MAE 4.50% JUN 1 2013 DTD 05/01/2003 POOL NO 254758 - 4266.57 SHS 4,342 4,516
    FANNIE MAE 5.50% JUL 1 2013 DTD 07/01/2003 POOL NO 254895 - 2876.91 SHS 2,992 3,091
    FREDDIE MAC SER-3047 CL OB 5.5% DEC 15 2033 DTD 10/1/2005 - 26721.55 SHS 27,026 28,545
    FANNIE MAE 4.50% SEP 1 2013 DTD 8/01/2003 POOL NO 254914 - 8264.24 SHS 8,404 8,504
    FANNIE MAE 5.50% OCT 01 2013 DTD 10/01/2003 POOL NO 255017 - 4794.98 SHS 4,964 4,989
    FNMA REMIC TRUST 5% SER 2003-55 CL CD JUN 25 2023 DTD 05/01/2003 - 75000 SHS 73,266 77,993
    FANNIE MAE 5.5% SER 2003-83 CL VA AUG 25 2014 DTD 08/01/2003 - 29256.75 SHS 30,189 30,118
    FNMA REMIC TR 5.5% SER 2004-53 CL NC JUL 25 2024 DTD 6/1/2004- 25000 SHS 24,508 26,381
    FANNIE MAE 5.50% SER 2005-68 CL PG AUG 25 2035 DTD 07/01/2005 - 34334.64 SHS 34,910 37,776
    FANNIE MAE 4% OCT 1 2018 DTD 10/1/2003 POOL NO 734741 - 3559.9 SHS 3,553 3,716
    FANNIE MAE 4% DEC 1 2018 DTD 4/01/2005 POOL NO 735522 - 18870.35 SHS 18,758 19,699
    FANNIE MAE 5% NOV 1 2018 DTD 10/1/2003 POOL NO 740462 - 14066.39 SHS 14,552 15,062
    FANNIE MAE 5.50% JAN 1 2034 DTD 1/01/2004 POOL NO 759424 - 9410.94 SHS 9,584 10,244
    GNMA 5% FEB 20 2029 DTD 11/01/2003 - 5329.79 SHS 5,530 5,339
    FANNIE MAE 5% OCT 1 2012 DTD 10/1/2002 POOL NO 639907 - 191.04 SHS 196 203
    U S A NOTES 4 1/2% MAY 15 2017 DTD 5/15/2007 - 135000 SHS 155,498 151,053
    GEN. ELEC. CAP CORP MED TRM NTS 5.4% 2-15-2017 DTD 2/13/2007 - 15000 SHS 14,655 16,056
    SUNTRUST BANKS SR NOTES 6% SEP 11 2017 DTD 09/10/2007 - 20000 SHS 19,998 21,003
    GEN. ELEC CAP CORP MED TERM NTS 5 5/8% 9-15-2017 DTD 09/24/2007 - 65000 SHS 63,010 71,273
    DIAGEO CAPITAL PLC NOTES 5 3/4% OCT 23 2017 DTD 10/26/2007 - 15000 SHS 15,468 17,013
    CSX CORP NOTES 6 1/4% APR 01 2015 DTD 03/27/2008 - 10000 SHS 11,012 11,364
    ORACLE CORP 5 3/4% APR 15 2018 DTD 04/09/2008 - 15000 SHS 14,993 17,159
    JOHN DEERE CAP CORP MED TERM NOTE 5.35% 4-3-2018 DTD 4/3/2008- 20000 SHS 19,939 22,099
    ALLSTATE LF GLB FN TR MED TRM NTS 5 3/8% 4-30-2013 DTD 04/30/2008- 10000 SHS 9,869 10,890
    GLAXOSMITHKLINE CAP INC 5.65% MAY 15 2018 DTD 05/13/2008 - 10000 SHS 9,967 11,434
    TRAVELERS COS INC SR NOTES 5.8% MAY 15 2018 DTD 05/13/2008 - 19000 SHS 19,095 21,285
    KEYCORP MEDIUM TERM NOTES 6 1/2% MAY 14 2013 DTD 05/14/2008 - 10000 SHS 10,993 10,857
    KRAFT FOODS INC NOTES 6 1/8% AUG 23 2018 DTD 05/22/2008 - 25000 SHS 28,874 28,585
    AMER EXPR CR CO MED TRM NTS 5 7/8% 5-2-2013 DTD 6/2/2008- 15000 SHS 14,955 16,313
    RIO TINTO FIN USA LTD NOTES 6 1/2% JUL 15 2018 DTD 06/27/2008 - 15000 SHS 17,674 17,488
    FREDDIE MAC SER 2102 CL TU 6% DEC 15 2013 DTD 12/01/1998 - 4474.04 SHS 4,545 4,707
    FANNIE MAE SER 2002-73 CL AN 5% NOV 25 2017 DTD 10/01/2002 - 37683.58 SHS 37,071 40,183
    FANNIE MAE SER 2004-45 CL ZL 6% OCT 15 2032 DTD 05/01/2004 - 74146.206 SHS 74,439 81,932
    NATIONAL CITY CORP 4.9% JAN 15 2015 DTD 01/12/2005 - 15000 SHS 13,391 16,066
    PEPSICO INC 7.9% NOV 01 2018 DTD 10/24/2008 - 15000 SHS 17,919 19,299
    NATIONAL RURAL UTIL CORP 10 3/8% NOV 01 2018 DTD 10/30/2008 - 20000 SHS 26,760 27,588
    BP CAPITAL MARKETS PLC 5 1/4% NOV 07 2013 DTD 11/07/2008 - 20000 SHS 21,727 21,660
    SEMPRA ENERGY 9.8% FEB 15 2019 DTD 11/20/2008 - 5000 SHS 4,978 6,722
    AMERPRISE FINANCIAL INC 5.65% NOV 15 2015 DTD 11/23/2005 - 15000 SHS 17,199 16,622
    ACE INA HOLDINGS 5.8% MAR 15 2018 DTD 02/14/2008 - 20000 SHS 18,642 22,103
    STAPLES INC 9 3/4% JAN 15 2014 DTD 01/15/2009 - 15000 SHS 16,388 18,178
    AMGEN INC SR NOTES 5.7% FEB 01 2019 DTD 01/16/2009 - 15000 SHS 16,458 17,054
    CONOCOPHILLIPS NOTES 5 3/4% FEB 01 2019 DTD 02/03/2009 - 15000 SHS 15,333 17,094
    CME GROUP INC 5 3/4% FEB 15 2014 DTD 02/09/2009 - 20000 SHS 21,483 22,145
    NOVARTIS SECS INVEST LTD 5 1/8% FEB 10 2019 DTD 02/10/2009 - 15000 SHS 14,739 16,590
    CATERPILLAR FINL SE MED TRM NOTE 7.15% 2-15-2019 DTD 02/12/2009- 15000 SHS 17,186 18,445
    WYETH 5.45% APR 01 2017 DTD 03/27/2007 - 15000 SHS 15,276 16,948
    EATON CORP 6.95% MAR 20 2019 DTD 3/16/2009 - 10000 SHS 10,683 11,968
    ATOMS ENERGY CORP 8 1/2% MAR 15 2019 DTD 03/26/2009 - 15000 SHS 14,972 18,776
    TRANS-CANADA PIPELINES 4% JUN 15 2013 DTD 06/12/2003 - 25000 SHS 23,402 26,498
    NUCOR CORP 5.85% JUN 01 2018 DTD 06/02/2008 - 10000 SHS 10,894 11,282
    HOSPIRA INC NOTES 6.4% MAY 15 2015 DTD 05/08/2009 - 5000 SHS 4,990 5,661
    HRPT PROPERTIES TRUST 5 3/4% FEB 15 2014 DTD 10/30/2003 - 20000 SHS 19,316 20,862
    TRAVELLERS COS INC SR NOTES 5.9% JUN 02 2019 DTD 06/02/2009 - 5000 SHS 4,978 5,633
    BURLINGTN NORTH SANTA FE 5 3/4% MAR 15 2018 DTD 03/14/2008 - 15000 SHS 16,122 16,901
    ERP OPERATING LP 5 3/4% JUN 15 2017 DTD 06/04/2007 - 15000 SHS 14,874 16,435
    JOHNSON CONTROLS INC SR NOTES 5 1/2% JAN 15 2016 DTD 01/17/2006 - 15000 SHS 15,117 16,403
    JEFFRIES GROUP INC 8 1/2% JUL 15 2019 DTD 06/30/2009 - 15000 SHS 16,472 17,151
    FNMA GTD REMIC PASS THRU CTF REMIC TR 2003 DUE 3/25/2017- 90037.31 SHS 87,055 92,846
    FNMA REMIC TR SER 2003-86 CL PX 4.5% 2-25-2017 DTD 8/1/2003- 39334.08 SHS 39,740 40,489
    FNMA REMIC SER 2003-43 CL PE 5.5% MAY 25 2033 DTD 04/01/2003 - 75000 SHS 78,750 82,021
    FREDDIE MAC SER 3431 CL AT 5% MAR 15 2023 DTD 03/01/2008 - 50000 SHS 52,750 51,690
    FHLMC REMIC SER 2977 CL JT 5% MAY 15 2020 DTD 05/01/2005 - 50000 SHS 52,500 53,697
    ACCREDITED MTG LN TR 2002-1 MTG LN NT CL A-2 VAR RT 7/25/2032- 22726.98 SHS 22,386 16,173
    FED HM LN MTG CORP PARTN CTFS GR #D9-6160 4.50% 7/1/2023- 43967.54 SHS 43,384 46,188
    FED HM LN MTG CORP PRTN CTFS GR # E7-0609 6% 6/1/2013- 6787.34 SHS 6,731 7,382
    FED HM LN MTG CORP PARTN CTFS GR #P1-0032 4.5% 5/1/2018- 25115.57 SHS 24,757 26,202
    FED HM LN MTG CORP PARTN CTFS GR #E0-0556 7% 5/1/2013- 6255.59 SHS 6,377 6,648
    FED HM LN MTG CORP PARTN CTFS GR #E0-1647 4% 5/1/2019- 5468.01 SHS 5,446 5,685
    FED HM LN MTG CORP MULTICL MTG PRTN CTFS DUE 2/15/2030 - 62241.43 SHS 64,031 68,017
    FED HM LN MTG CORP PRTN CTFS GR #C9-0261 6.5% 5/1/2019- 15029.39 SHS 15,678 16,610
    FED HM LN MTG CORP PRTN CTFS GR #C9-0473 6.5% 8/1/2021- 10389.97 SHS 10,838 11,503
    FED HM LN MTG CORP PRTN CTFS GR #C9-0600 6%12/1/2022 - 28739.52 SHS 29,225 31,589
    FNMA GTD REMIC PASS THRU CTF RMC TR 1993-082 7% 5/25/2023- 19274.53 SHS 19,991 22,720
    FNMA GTD REMIC PASS THRU CTF RMC TR 1993-122 6.5% 7/25/2023- 71807.77 SHS 74,142 79,183
    FNMA GTD REMIC PASS THRU TR RMC TR 1998-58 6.5% 10/25/2028 - 66210.66 SHS 68,197 72,862
    FNMA GTD REMIC PASS THRU TR RMC TR 1999-14 6.5% 4/25/2029- 12745.65 SHS 12,937 14,470
    FNMA GTD MTG PASS THRU CTF POOL # 251625 6.5% 3/1/2018- 20712.71 SHS 21,658 22,698
    FNMA GTD MTG PASS THRU CTF POOL #254199 6.5% 1/1/2022 - 22075.47 SHS 23,027 24,423
    FNMA GTD MTG PASS THRU CTF POOL #254682 5% 3/1/2013 - 5228.87 SHS 5,297 5,534
    FNMA GTD MTG PASS THRU CTF POOL #254757 5% 5/1/2013 - 4210.82 SHS 4,366 4,461
    FNMA GTD MTG PASS THRU CTF POOL #420032 6% 5/1/2013 - 2751.58 SHS 2,715 2,990
    FNMA GTD MTG PASS THRU CTF POOL #426271 6.5% 5/1/2013 - 1043 SHS 1,051 1,137
    FNMA GTD MTG PASS THRU CTF POOL #555182 6% 1/1/2018 - 46711.66 SHS 47,704 50,952
    FNMA GTD REMIC PASS THRU TR RMC TR 2001-69 5.5% 12/25/2016- 36674.29 SHS 36,944 39,855
    FED HM LN MTG CORP MULTICL MTG PRTN GTD 5.5% 9/15/2017- 64168.39 SHS 64,810 69,949
    FED HM LN MTG CORP MULTICL MTG PRTN GTD 5% 5/15/2017- 38445.36 SHS 38,974 39,542
    FED HM LN MTG CORP MULTICL MTG PRTN GTD 5% 6/15/2033- 50000 SHS 46,516 52,333
    FNMA GTD REMIC PASS THRU CTF RMC TR 2003-81 4.5% 9/25/2018 - 30000 SHS 28,425 32,272
    FNMA GTD REMIC PASS THRU TR RMC TR 2005-37 4.5% 5/25/2031- 23870.95 SHS 22,901 25,219
    FNMA GTD REMIC PASS THRU TR RMC TR 2005-40 4.5% 2/25/2031- 8297.18 SHS 7,903 8,636
    FED HM LN MTG CORP MULTICL MTG PRTN GTD 5.5% 5/15/2032- 24847.33 SHS 24,358 26,844
    FNMA GTD REMIC PASS THRU CTF RMC TR 2006-18 5.5% 8/25/2034- 60000 SHS 59,813 65,689
    FED HM LN MTG CORP MULTICL MTG PRTN GTD SER 2812 4% 6/15/2011- 10738.8 SHS 10,309 10,844
    FED HM LN MTG CORP MULTICL MTG PRTN GTD SER 2888 5% 3/15/2029- 50000 SHS 48,539 51,932
    FED HM LN MTG CORP MULTICL MTG PRTN GTD SER 2930 5% 7/15/2032- 58952.74 SHS 57,184 60,892
    FED HM LN MTG CORP MULTICL GTD PRTN GTD SER 3262 5.5% 5/15/2029- 29886.74 SH 29,812 30,277
    FED HM LN MTG CORP MULTICL MTG PRTN GTD SER 3377 4.5% 7/15/2024- 50000 SHS 45,719 51,734
    FNMA GTD MTG PASS THRU CTF POOL #725017 5.5% 12/1/2033- 27065.98 SHS 27,616 29,498
    FNMA GTD MTG PASS THRU CTF POOL #745406 6% 3/1/2021- 66921.93 SHS 67,811 72,997
    GNMA II GTD PASS THRU CTF ISSUER POOL #0002324 8% 11/20/2026- 4892.58 SHS 5,035 5,749
    GNMA II GTD PASS THRU CTF MULTIPLE POOL #0002699 6% 1/20/2029- 23504.02 SHS 23,052 25,914
    GNMA MTG PASS THRU CTF POOL NBR 481621 7.00% 8/15/2029 - 3400.45 SHS 3,403 3,898
    GNMA GTD PASS THRU CTF POOL NBR 483634 6.00% 9/15/2013 - 21998.05 SHS 22,010 23,940
    GNMA GTD PASS THRU CTF POOL NBR 631867 6.50% 8/15/2019 - 57679.76 SHS 59,374 63,366
    GEORGIA PWR CO SR NT SER K DTD 11/22/2002 5.125% 11/15/2012 - 15000 SHS 14,955 16,118
    JPM CHASE COML MTG SECS CORP 2002 4.994% 7/12/2035- 50000 SHS 48,480 52,836
    MEDTRONIC INC SR NT DTD 09/15/2005 4.75% DUE 09/15/2015 - 10000 SHS 9,451 11,069
    TEXTRON INC NT DTD 12/04/2007 5.60% DUE 12/01/2017 - 15000 SHS 15,322 15,753
    BANK OF NEW YORK MELLON NOTES 4.6% JAN 15 2020 DTD 11/16/2009 - 15000 SHS 14,971 15,739
    U S A NOTES 3 3/8% NOV 15 2019 DTD 11/16/2009 - 85000 SHS 90,054 86,773
    WESTPAC BANKING CORP NOTES 4 7/8% NOV 19 2019 DTD 11/19/2009 - 17000 SHS 16,988 17,864
    BLACKROCK INC 5% DEC 10 2019 DTD 12/10/2009 - 20000 SHS 19,894 20,884
    BANK OF NOVA SCOTIA 3.4% JAN 22 2015 DTD 01/22/2010 - 8000 SHS 7,990 8,303
    CBS CORP 5 3/4% APR 15 2020 DTD 04/05/2010 - 4000 SHS 3,995 4,251
    CNA FINANCIAL CORP 5 7/8% AUG 15 2020 DTD 08/10/2010 - 3000 SHS 2,991 2,987
    FANNIE MAE SER 2007-72 CL DB 5.75% JUL 25 2037 DTD 06/01/2007 - 64000 SHS 70,080 69,698
    AON CORP SR NOTES 3 1/2% SEP 30 2015 DTD 09/10/2010 - 2000 SHS 1,990 2,001
    TOTAL CAPITAL SA 2.3% MAR 15 2016 DTD 09/15/2010 - 20000 SHS 20,216 19,888
    LEHMAN BR6S HLDGS INC NTS 7 7/8% 8-15-2010 DTD 8/15/2000 IN DEFAULT- 50000 S 54,845 11,563
    CAPITAL ONE FINL CO SUB NOTES 6.15% SEP 1 2016 DTD 8/29/2006- 15000 SHS 15,506 16,239
    INTUIT INC 5 3/4% MAR 15 2017 DTD 3/12/2007 - 20000 SHS 22,684 21,804
    HEWLETT-PACKARD CO NOTES 5 1/2% MAR 01 2018 DTD 03/03/2008 - 20000 SHS 19,983 22,535
    U S A NOTES 3 3/8% JUL 31 2013 DTD 07/31/2008 - 100000 SHS 107,855 106,664
    U S A NOTES 3.125% AUG 31 2013 DTD 09/02/2008 - 70000 SHS 73,071 74,260
    U S A NOTES 3 3/4% NOV 15 2018 DTD 11/17/2008 - 145000 SHS 148,619 154,232
    DOW CHEMICAL COMPANY 5.7% MAY 15 2018 DTD 05/06/2008 - 15000 SHS 16,558 16,226
    ANADARKO PETROLEUM CORP NOTES 8.7% MAR 15 2019 DTD 03/05/2009 - 20000 SHS 19,780 24,424
    SIMON PROPERTY GR LP SR NOTES 10.35% 4-1-2019 DTD 3/25/2009- 15000 SHS 20,917 20,508
    AFLAC INC SR NOTES 8 1/2% MAY 15 2019 DTD 05/21/2009 - 5000 SHS 6,362 6,182
    VODAFONE GROUP PLC 4.15% JUN 10 2014 DTD 06/10/2009 - 20000 SHS 19,987 21,024
    BUNGE LIMITED FINANCE CO 8 1/2% JUN 15 2019 DTD 06/09/2009 - 10000 SHS 10,262 11,725
    U S A NOTES 3 5/8% AUG 15 2019 DTD 08/15/2009 - 145000 SHS 144,167 151,480

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    CHARLES J LYNN TRUST UW 2835168510 R60707008
    EIN: 35-6009281
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CAMPBELL SOUP COMPANY - 500 SHS 18,002 17,375
    CARDINAL HEALTH INC - 900 SHS 26,024 34,479
    CELGENE CORPORATION - 600 SHS 31,352 35,484
    CISCO SYSTEMS INC - 3986 SHS 93,549 80,637
    CITRIX SYSTEMS INC - 200 SHS 13,785 13,682
    COLGATE PALMOLIVE CO - 325 SHS 25,611 26,120
    WALT DISNEY CO - 1200 SHS 24,611 45,012
    DOW CHEMICAL CO - 1100 SHS 31,373 37,554
    E I DU PONT DE NEMOURS & CO - 1700 SHS 64,873 84,796
    E M C CORP MASS - 1100 SHS 22,481 25,190
    FREEPORT-MCMORAN COPPER & GOLD INC CL B - 650 SHS 34,179 78,059
    GENERAL ELECTRIC CO - 1400 SHS 21,422 25,606
    GENERAL MILLS INC - 600 SHS 17,215 21,354
    INTERNATIONAL BUSINESS MACHINES CORP - 345 SHS 38,325 50,632
    CVS CAREMARK CORPORATION - 1260 SHS 40,980 43,810
    ABBOTT LABORATORIES - 1300 SHS 66,941 62,283
    ALEXION PHARMACEUTICALS INC - 200 SHS 11,596 16,110
    AMAZON COM INC - 275 SHS 33,326 49,500
    AMERICAN EXPRESS CO - 300 SHS 12,683 12,876
    APACHE CORP - 600 SHS 54,411 71,538
    APPLE INC. - 375 SHS 62,271 120,960
    BB & T CORP - 600 SHS 11,804 15,774
    BAKER HUGHES INC - 575 SHS 29,758 32,873
    JOHNSON CONTROLS INC - 1935 SHS 46,856 73,917
    KELLOGG CO - 225 SHS 10,982 11,493
    LENNAR CORP - 400 SHS 6,181 7,500
    LOWES COMPANIES INC - 900 SHS 20,762 22,572
    MICROSOFT CORP - 4645 SHS 115,751 129,642
    MORGAN STANLEY - 905 SHS 21,807 24,625
    NATIONAL-OILWELL VARCO INC - 200 SHS 12,499 13,450
    NIKE INC B - 300 SHS 17,249 25,626
    NORFOLK SOUTHERN CORP - 1345 SHS 64,166 84,493
    NOVELLUS SYSTEMS INC - 800 SHS 20,057 25,856
    OCCIDENTAL PETROLEUM CORP - 785 SHS 56,536 77,009
    ORACLE CORP - 1900 SHS 43,624 59,470
    PACCAR INC - 975 SHS 31,763 55,907
    PARKER-HANNIFIN CORP - 100 SHS 4,973 8,630
    PEPSICO INC - 505 SHS 28,923 32,992
    PFIZER INC - 4800 SHS 73,222 84,048
    PROCTER & GAMBLE CO - 1247 SHS 77,589 80,220
    QUALCOMM INC - 1320 SHS 56,177 65,327
    T ROWE PRICE INTERNATIONAL FUNDS INC NEW ASIA FUND - 87853.267 SHS 1,195,891 1,685,026
    SPDR S&P 500 ETF TRUST - 8031 SHS 989,022 1,009,898
    SANDISK CORP - 300 SHS 13,102 14,958
    SOUTHERN CO - 800 SHS 24,414 30,584
    SPRINT NEXTEL CORP - 2900 SHS 11,734 12,267
    STAPLES INC - 1700 SHS 37,488 38,709
    STATE STREET CORP - 300 SHS 11,930 13,902
    SYSCO CORP - 500 SHS 15,848 14,700
    UNITED TECHNOLOGIES CORP - 868 SHS 49,364 68,329
    XILINX CORP - 700 SHS 19,812 20,286
    COGNIZANT TECHNOLOGY SOLUTIONS CORP CL A - 500 SHS 25,543 36,645
    SEMPRA ENERGY - 275 SHS 14,119 14,432
    CITIGROUP INC - 11900 SHS 50,327 56,287
    WELLS FARGO & CO - 2100 SHS 47,550 65,079
    THORNBURG VALUE FUND FD CL I - 31095.509 SHS 951,846 1,071,240
    JPM REALTY INCOME FD - INSTL FUND 1372 - 109962.035 SHS 1,006,153 1,033,643
    BANK OF AMERICA CORP - 4057 SHS 95,163 54,120
    GOLDMAN SACHS GROUP INC - 320 SHS 30,423 53,811
    DEVON ENERGY CORP - 550 SHS 36,999 43,181
    EOG RESOURCES INC - 525 SHS 46,137 47,990
    HONEYWELL INTERNATIONAL INC - 900 SHS 38,276 47,844
    UNITEDHEALTH GROUP INC - 450 SHS 17,044 16,250
    ISHARES S&P MIDCAP 400 INDEX FUND - 2900 SHS 198,773 263,001
    VERIZON COMMUNICATIONS INC - 1744 SHS 59,246 62,400
    COACH INC - 300 SHS 10,151 16,593
    US BANCORP DEL - 1000 SHS 22,460 26,970
    DODGE & COX INTERNATIONAL STOCK - 13526.022 SHS 373,346 483,014
    ISHARES RUSSELL MIDCAP INDEX FUND - 2280 SHS 192,847 231,990
    ADVANCED AUTO PARTS INC - 400 SHS 13,872 26,460
    3M CO - 250 SHS 21,578 21,575
    YUM BRANDS INC - 1000 SHS 34,714 49,050
    ARTISAN INTL VALUE FUND - INV - 11192.12 SHS 273,200 303,418
    COMCAST CORP CL A - 900 SHS 15,285 19,773
    CARNIVAL CORPORATION - 600 SHS 21,558 27,666
    GOOGLE INC CL A - 52 SHS 15,684 30,886
    WELLPOINT INC - 100 SHS 5,530 5,686
    JPM US REAL ESTATE FD - SEL FUND 3037 - 32844.015 SHS 479,766 511,710
    JPM MARKET EXPANSION INDEX FD - SEL FUND 3708 - 105142.359 SHS 689,368 1,131,332
    JPM INTL VALUE FD - SEL FUND 1296 - 20980.95 SHS 270,654 281,145
    JPM ASIA 3 FD - SEL FUND 1134 - 55159.417 SHS 1,471,946 2,089,439
    MANAGERS AMG FUNDS-TIMESSQUARE MID CAP GROWTH FUND - 78145.858 SHS 576,198 1,087,790
    VANGUARD MSCI EMERGING MARKETS ETF - 33223 SHS 1,413,597 1,599,555
    JPM US LRGE CAP CORE PLUS FD - SEL FUND 1002 - 12785.906 SHS 258,823 264,285
    AT&T INC - 800 SHS 27,767 23,504
    STARWOOD HOTELS & RESORTS - 300 SHS 6,460 18,234
    HARTFORD CAPITAL APPRECIATION FUND - 31473.082 SHS 932,958 1,090,228
    MANNING & NAPIER FUND INC 3 SERIES - 14400.922 SHS 250,000 277,506
    CME GROUP INC CLASS A COMMON STOCK - 80 SHS 23,007 25,740
    EATON VANCE MUT FDS TR GLOBAL MACRO - I - 90027.492 SHS 932,348 924,582
    INVESCO LTD - 700 SHS 13,527 16,842
    PHILIP MORRIS INTERNATIONAL - 422 SHS 17,747 24,700
    SPDR GOLD TRUST - 7594 SHS 691,535 1,053,440
    ACE LTD NEW - 350 SHS 16,372 21,788
    BARCLAYS ARN SPX 9/09/11 INITIAL LEVEL-SPX:8/27/08: 1292.20 - 500000 SHS 490,000 540,400
    CREDIT SUISSE ARN SPX 10/06/11 90/100/100 DD 09/19/08 - 500000 SHS 490,000 570,300
    TYCO INTERNATIONAL LTD - 600 SHS 22,276 24,864
    TIME WARNER INC NEW - 2600 SHS 67,569 83,642
    COVIDIEN PLC - 400 SHS 14,506 18,264
    OCH-ZIFF OZOFII PRIV. INV. OFFSHORE LTD. TRANCHE G PRIME - 12138.569 SHS 1,500,000 1,547,454
    HSBC SPX MKT PLS NOTE 03/03/2011 IN. LEV.SPX:08/27/09: 1030.98 - 450000 SHS 445,500 543,690
    MERCK AND CO INC - 1800 SHS 60,105 64,872
    JPM RESEARCH MARKET NEUTRAL FD - SEL FUND - SEL - 29664.738 SHS 461,751 458,024
    MS SPX MKT PLS NOTE 05/19/11 IN LEV-SPX:11/13/09: 1093.48 - 460000 SHS 454,250 526,677
    GS EAFE BREN 01/14/11 IN. LEV.-12/18/09:- 225000 SHS 222,750 232,268
    CS SPX BREN 01/27/11 INITIAL LEVEL-SPX:1/08/10: 1144.98 - 285000 SHS 282,150 319,770
    HIGHBRIDGE DYNAMIC COMM STRG FD -SEL STRAT FD - SE - 55315.629 SHS 906,430 1,071,464
    CS SPX NOTE 05/02/11 INITIAL LEVEL- SPX:4/01/10: 1178.10 - 500000 SHS 496,000 530,600
    BNP SPX NOTE 05/12/11 INITIAL LEVEL- 4/09/10: SPX:1194.37 - 240000 SHS 237,840 251,645
    GS EAFE NOTE 05/12/11 INITIAL LEVEL- 4/09/10: - 480000 SHS 473,808 465,010
    CS COMM. CPN 4/21/11 K-O NTS LKND S&P GSCI EXC RTN INDEX - 240000 SHS 237,600 256,536
    BNP SPX BREN 05/05/11 INITIAL LEVEL-4/16/10:SPX: 1192.13 - 200000 SHS 198,000 210,329
    BARC COMM. CPN 5/9/11 CPD MKT + NTS LKND S&P GSCI 04/16/10 - 150000 SHS 148,500 160,275
    HSBC EAFE BREN 05/16/11 - 290000 SHS 287,100 294,466
    CS COMM. CPN 5/12/11 K-O NTS LKND S&P GSCI DD 04/30/10 - 75000 SHS 74,250 79,125
    DB ASIA BREN 07/10/11 IN LEV-05/20/10: ASIA BSKT 100 - 550000 SHS 544,500 641,821
    BLACKSTONE PTNRS OFFSHORE FUND LTD. CLASS H2 - 1000 SHS 1,000,000 1,033,280
    NEXTERA ENERGY INC - 400 SHS 20,153 20,796
    HSBC BREN EAFE 08/22/11 IN LEV-07/30/10 - 300000 SHS 297,000 305,700
    DB BREN ASIA BSKT 11/2/11 10%BUFFER-2XLEV-7.76%CAP - 500000 SHS 495,000 506,292
    BLACKSTONE PTNRS OFFSHORE FD LTD CLASS H2 - 500 SHS 500,000 500,000
    CS BREN EAFE 11/9/11 10%BUFFER-2XLEV-8.857%CAP- 500000 SHS 495,000 490,850
    BLACKSTONE RE CMBS OFFSHORE FD LTD. NON-SELF-DEAL FID INV - 500 SHS 500,000 500,000
    GS BREN MID 11/23/11 10%BUFFER-2XLEV-7.5%CAP- 500000 SHS 495,000 522,635
    DB BREN MID 12/1/11 10%BUFFER-2XLEV-6.75%CAP- 250000 SHS 247,500 257,796
    MS WTI QRN 11/25/11 LNKED TO S&P GSCI CRUDE OIL INDX - 250000 SHS 250,000 253,750
    SG CONT BUFF EQ SPX 6/15/12 75% CONTIN BARRIER - 500000 SHS 493,750 509,650
    MS BREN ASIA BASKET 12/21/11 10%BUFFER-2XLEV-7.4%CAP- 500000 SHS 500,000 504,225
    JUNIPER NETWORKS INC - 1100 SHS 22,216 40,612
    EXXON MOBIL CORP - 1668 SHS 125,772 121,964
    METLIFE INC - 700 SHS 26,191 31,108
    MARVELL TECHNOLOGY GROUP LTD - 1000 SHS 20,495 18,550
    PRUDENTIAL FINANCIAL INC - 600 SHS 22,705 35,226
    CONOCOPHILLIPS - 800 SHS 38,686 54,480
    BIOGEN IDEC INC - 300 SHS 16,847 20,115
    BAIDU INC SPONS ADR - 200 SHS 18,437 19,306
    TD AMERITRADE HOLDING CORPORATION - 1000 SHS 17,298 18,990
    MASTERCARD INC - CLASS A - 100 SHS 19,367 22,411
    GENERAL MOTORS CO - 850 SHS 29,392 31,331

    TY 2010 OtherDecreasesSchedule
    Name:
    CHARLES J LYNN TRUST UW 2835168510 R60707008
    EIN: 35-6009281
    Description Amount
    ADJUSTMENT: MUTUAL FUND TIMING DIFFERENCE 564


    TY 2010 OtherIncreasesSchedule
    Name:
    CHARLES J LYNN TRUST UW 2835168510 R60707008
    EIN: 35-6009281
    Description Amount
    RETURN OF CAPITAL 28,887


    TY 2010 TaxesSchedule
    Name:
    CHARLES J LYNN TRUST UW 2835168510 R60707008
    EIN: 35-6009281
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX PAID - EXTIMATES 19,500 0   0
    FOREIGN TAXES WITHHELD 9,211 9,211   0