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
EDITH C JUSTUS TUW
 

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 94651   Room/suite
City or town, state, and ZIP code
CLEVELAND, OH441014651
A Employer identification number

25-6031057
B Telephone number (see page 10 of the instructions)

(216) 257-4699
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$5,157,115
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 147,488 147,488  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 70,063
b Gross sales price for all assets on line 6a 2,192,218
7 Capital gain net income (from Part IV, line 2)... 70,063
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)....... 4,686    
12 Total. Add lines 1 through 11........ 222,237 217,551  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 38,621 19,310   19,310
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)....... 700 0 0 700
c Other professional fees (attach schedule).... 12,878     12,878
17 Interest...............       0
18 Taxes (attach schedule) (see page 14 of the instructions) 1,370 1,370   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)....... 50     50
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 53,619 20,680 0 32,938
25 Contributions, gifts, grants paid........ 280,795 280,795
26 Total expenses and disbursements. Add lines 24 and 25 334,414 20,680 0 313,733
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -112,177
b Net investment income (if negative, enter -0-) 196,871
c Adjusted net income (if negative, enter -0-)... 0
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 132,517 98,764 98,764
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
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)........ 2,319,054 2,471,671 3,214,198
c Investments—corporate bonds (attach schedule)........ 1,681,573 1,755,822 1,844,153
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 304,680   0
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) 4,437,824 4,326,257 5,157,115
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 4,437,824 4,326,257
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 4,437,824 4,326,257
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 4,437,824 4,326,257
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 4,437,824
2 Enter amount from Part I, line 27a...................... 2 -112,177
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 965
4 Add lines 1, 2, and 3.......................... 4 4,326,612
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 355
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 4,326,257
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 300000. FEDERAL NATL MTG ASSN DEB DTD 1-14-00 7.250% DUE 1-15-2010   2000-03-15 2010-01-15
b 500. AECOM TECHNOLOGY CORP   2009-08-05 2010-01-27
c 70. ALLERGAN INC COM   2009-08-05 2010-01-27
d 100. AMERICAN TOWER CORP CL A   2009-08-05 2010-01-27
e 45. AMGEN INC CO COM   2008-12-31 2010-01-27
500. AMPHENOL CORP NEW CL A   2009-08-05 2010-01-27
90. APPLE COMPUTER INC COM   2009-08-05 2010-01-27
100. AUTOZONE INC COM   2009-08-05 2010-01-27
750. BRISTOL MYERS SQUIBB CO889898 COM   2009-08-05 2010-01-27
120. BROADCOM CORP CL A   2009-08-05 2010-01-27
550. CSX CORP COM   2009-08-05 2010-01-27
130. CELANESE CORP-SERIES A   2009-08-05 2010-01-27
50. CHUBB CORP COM   2009-08-05 2010-01-27
150. CISCO SYS INC COM   2006-05-03 2010-01-27
400. CLOROX CO COM   2009-08-05 2010-01-27
80. COACH INC COM   2009-08-05 2010-01-27
600. COCA-COLA CO COM   2009-08-05 2010-01-27
75. COLGATE-PALMOLIVE CO COM   2009-08-05 2010-01-27
950. DISCOVERY COMMUNICATIONS CL A   2009-08-05 2010-01-27
50. DOLLAR TREE INC   2009-08-05 2010-01-27
100. EXXON MOBIL CORP COM   2009-08-05 2010-01-27
350. FPL GROUP INC COM   2009-08-05 2010-01-27
50. FREEPORT MCMORAN COPPER&GOLD CL B   2009-08-05 2010-01-27
175. GOLDMAN SACHS GROUP INC COM   2009-08-05 2010-01-27
30. W W GRAINGER INC COM   2009-08-05 2010-01-27
700. HOME DEPOT INC COM   2008-08-05 2010-01-27
600. ITT INDUSTRIES INC COM   2009-08-05 2010-01-27
200. INTEL CORP COM   2008-08-05 2010-01-27
100. INTERNATIONAL PAPER CO COM   2009-09-09 2010-01-27
250. J P MORGAN CHASE & CO COM   2009-08-05 2010-01-27
400. JOHNSON & JOHNSON COM   2009-08-05 2010-01-27
300. LUBRIZOL CORP COM   2009-08-05 2010-01-27
55. MASTERCARD INC CL A   2009-08-05 2010-01-27
50. MEDCO HEALTH SOLUTIONS INC   2009-04-27 2010-01-27
100. METLIFE INC COM   2009-09-09 2010-01-27
130. OCCIDENTAL PETROLEUM CORP COM   2009-04-27 2010-01-27
650. ORACLE CORPORATION   2009-04-27 2010-01-27
500. ORACLE CORPORATION   2008-04-29 2010-01-27
550. OWENS ILLINOIS COM NEW   2009-08-05 2010-01-27
75. PEPSICO INC COM   2009-08-05 2010-01-27
50. PRICE T ROWE GROUP INC COM   2009-08-05 2010-01-27
100. QUALCOMM INC COM   2003-09-03 2010-01-27
450. ST JUDE MEDICAL INC COM   2009-08-05 2010-01-27
150. SCHLUMBERGER LTD COM   2008-12-31 2010-01-27
700. STATE STR CORP COM   2009-08-05 2010-01-27
50. TALISMAN ENERGY INC COM   2009-08-05 2010-01-27
50. 3M COMPANY COM   2009-09-09 2010-01-27
450. UNION PACIFIC CORP COM   2009-08-05 2010-01-27
30. UNITED TECHNOLOGIES CORP COM   2009-09-09 2010-01-27
100. UNITEDHEALTH GROUP INC COM   2009-08-05 2010-01-27
100. VIACOM INC CLASS B WI   2009-08-05 2010-01-27
800. XTO ENERGY INC   2009-08-05 2010-01-27
50. NOBLE CORPORATION SEDOL: B65Z9D7   2009-08-05 2010-01-27
650. QUALCOMM INC COM   2003-09-03 2010-02-12
425. COLGATE-PALMOLIVE CO COM   2009-08-05 2010-02-17
750. INTERNATIONAL PAPER CO COM   2009-09-09 2010-02-17
125. MASTERCARD INC CL A   2009-08-05 2010-02-17
350. MCKESSON HBOC INC COMMN   2009-08-05 2010-02-17
170. AT&T INC   2008-12-31 2010-05-04
40. ALLERGAN INC COM   2009-08-05 2010-05-04
40. AMERICAN EXPRESS CO COM   2010-01-27 2010-05-04
30. AMERICAN TOWER CORP CL A   2009-08-05 2010-05-04
50. AMERIPRISE FINANCIAL INC   2010-01-27 2010-05-04
25. AMGEN INC CO COM   2008-12-31 2010-05-04
20. APACHE CORP COM   2008-09-03 2010-05-04
20. APPLE COMPUTER INC COM   2009-08-05 2010-05-04
30. BAXTER INTERNATIONAL INC COM   2009-04-27 2010-05-04
20. CELANESE CORP-SERIES A   2009-08-05 2010-05-04
50. CHUBB CORP COM   2009-08-05 2010-05-04
40. DOLBY LABORATORIES INC CLASS A   2009-08-05 2010-05-04
40. DOLLAR TREE INC   2009-08-05 2010-05-04
40. E M C CORP MASS COM   2010-02-17 2010-05-04
60. EXXON MOBIL CORP COM   2009-08-05 2010-05-04
270. FEDEX CORP COM   2010-01-27 2010-05-04
150. FORD MTR CO DEL COM PAR $0.01   2010-01-27 2010-05-04
30. FRANKLIN RESOURCES INC COM   2009-09-09 2010-05-04
30. FREEPORT MCMORAN COPPER&GOLD CL B   2009-08-05 2010-05-04
90. GENERAL ELECTRIC CO COM   2010-01-27 2010-05-04
40. GENERAL MILLS INC COM   2010-01-27 2010-05-04
175. GOLDMAN SACHS GROUP INC COM   2009-08-05 2010-05-04
10. GOOGLE INC CL A   2008-04-29 2010-05-04
170. W W GRAINGER INC COM   2009-08-05 2010-05-04
500. ILLINOIS TOOL WORKS INC COM   2010-01-27 2010-05-04
40. INTERNATIONAL BUSINESS MACHS CORP COM   2009-08-05 2010-05-04
100. J P MORGAN CHASE & CO COM   2009-08-05 2010-05-04
30. JOHNSON & JOHNSON COM   2009-08-05 2010-05-04
20. JOHNSON CONTROLS INC COM   2010-01-27 2010-05-04
20. ESTEE LAUDER COMPANIES INC CL A   2010-02-17 2010-05-04
400. MEDCO HEALTH SOLUTIONS INC   2008-10-07 2010-05-04
30. MERCK & CO INC   2010-01-27 2010-05-04
50. METLIFE INC COM   2009-09-09 2010-05-04
120. MICROSOFT CORP COM   2010-01-27 2010-05-04
130. NEWS CORPORATION CL A   2010-02-12 2010-05-04
30. OCCIDENTAL PETROLEUM CORP COM   2009-04-27 2010-05-04
170. ORACLE CORPORATION   2003-09-03 2010-05-04
55. PEPSICO INC COM   2009-08-05 2010-05-04
130. PFIZER INC COM   2010-01-27 2010-05-04
40. PRICE T ROWE GROUP INC COM   2009-08-05 2010-05-04
60. PROCTER & GAMBLE CO COM   2010-02-17 2010-05-04
80. ROCKWELL INTL CORP NEW COM   2010-01-27 2010-05-04
40. ROSS STORES INC COM   2009-08-05 2010-05-04
20. SCHLUMBERGER LTD COM   2008-12-31 2010-05-04
600. SCRIPPS NETWORKS INTERAC CL A   2010-01-27 2010-05-04
40. SMUCKER J M CO COM NEW   2010-01-27 2010-05-04
950. TALISMAN ENERGY INC COM   2009-08-05 2010-05-04
30. 3M COMPANY COM   2009-09-09 2010-05-04
100. US BANCORP DEL COM NEW   2010-02-17 2010-05-04
40. UNITED TECHNOLOGIES CORP COM   2009-09-09 2010-05-04
70. UNITEDHEALTH GROUP INC COM   2009-08-05 2010-05-04
80. VIACOM INC CLASS B WI   2009-08-05 2010-05-04
70. WAL-MART STORES INC COM   2008-04-29 2010-05-04
120. WELLS FARGO & CO COM NEW   2010-01-27 2010-05-04
1500. WILLIAMS CO INC DEL COM   2010-01-27 2010-05-04
90. WISCONSIN ENERGY CORP COM   2009-08-05 2010-05-04
20. COOPER INDUSTRIES PLC SEDOL B40K911 ISIN IE00B40K9117   2010-01-27 2010-05-04
60. COVIDIEN PLC EXCH 03/18/11   2010-01-27 2010-05-04
60. NOBLE CORPORATION SEDOL: B65Z9D7   2009-08-05 2010-05-04
470. BAXTER INTERNATIONAL INC COM   2009-04-27 2010-05-12
1000. US BANCORP DEL COM NEW   2010-02-17 2010-05-12
470. AMERICAN TOWER CORP CL A   2009-08-05 2010-05-25
350. KOHLS CORP COM   2009-08-05 2010-05-25
70. KOHLS CORP COM   2010-05-04 2010-05-25
1820. NEWS CORPORATION CL A   2010-02-12 2010-05-25
170. FRANKLIN RESOURCES INC COM   2009-09-09 2010-05-28
340. ESTEE LAUDER COMPANIES INC CL A   2010-02-17 2010-05-28
220. FREEPORT MCMORAN COPPER&GOLD CL B   2009-08-05 2010-06-09
540. NOBLE CORPORATION SEDOL: B65Z9D7   2009-08-05 2010-06-09
900. EBAY INC COM   2009-08-05 2010-06-17
30. EBAY INC COM   2010-05-04 2010-06-17
390. OCCIDENTAL PETROLEUM CORP COM   2009-04-27 2010-07-20
180000. BARCLAYS COMMODITY NOTE 20% BUFFER; 125% PARTICIPATION   2008-06-18 2010-08-04
60000. CREDIT SUISSE ABSOLUTE RET. NOTE 0% BUFFER 325% PARTICIPATION   2008-06-27 2010-08-04
880. JOHNSON CONTROLS INC COM   2009-09-09 2010-08-04
230. SCHLUMBERGER LTD COM   2008-12-31 2010-08-04
60000. JPMORGAN ABSOLUTE RETURN NOTE 0% BUFFER 260% PARTICIPATION   2008-06-27 2010-08-05
20. CUMMINS ENGINE   2010-01-27 2010-08-17
50. CUMMINS ENGINE   2010-05-04 2010-08-17
90. DOLBY LABORATORIES INC CLASS A   2009-08-05 2010-08-17
1758. ISHARES TR MSCI EAFE INDEX FD   2009-09-09 2010-08-17
360. ROSS STORES INC COM   2009-08-05 2010-08-17
120. CUMMINS ENGINE   2010-01-27 2010-08-23
450. ROCKWELL INTL CORP NEW COM   2009-09-09 2010-08-23
260. HESS CORPORATION   2010-05-04 2010-09-28
280. PARKER HANNIFIN CORP COM   2010-05-04 2010-10-07
230. AMGEN INC CO COM   2008-12-31 2010-11-24
80. APACHE CORP COM   2010-01-27 2010-11-24
130. APACHE CORP COM   2008-09-03 2010-11-24
350. METLIFE INC COM   2009-09-09 2010-11-24
350. EMERSON ELECTRIC CO COM   2010-05-04 2010-12-08
320. 3M COMPANY COM   2009-08-05 2010-12-08
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable)
(g) Cost or other basis
plus expense of sale
(h) Gain or (loss)
(e) plus (f) minus (g)
a 300,000   300,663 -663
b 13,927   15,930 -2,003
c 4,103   3,888 215
d 4,241   3,445 796
e 2,583   2,609 -26
20,287   17,110 3,177
18,687   14,942 3,745
15,576   14,879 697
18,097   16,530 1,567
3,410   3,438 -28
24,909   23,232 1,677
4,065   3,557 508
2,498   2,425 73
3,447   3,252 195
23,610   23,416 194
2,793   2,363 430
32,611   29,754 2,857
6,006   5,414 592
28,462   23,978 4,484
2,438   2,271 167
6,538   7,036 -498
17,186   19,758 -2,572
3,525   3,199 326
26,408   29,020 -2,612
2,992   2,707 285
19,376   17,053 2,323
29,341   29,256 85
4,008   4,568 -560
2,325   2,326 -1
9,705   10,100 -395
25,349   24,504 845
24,093   18,078 6,015
13,951   11,200 2,751
3,125   2,114 1,011
3,596   3,776 -180
9,905   7,169 2,736
15,372   13,051 2,321
11,825   10,720 1,105
15,577   19,074 -3,497
4,500   4,435 65
2,612   2,377 235
4,672   2,039 2,633
16,926   17,316 -390
9,782   6,280 3,502
30,702   38,052 -7,350
844   788 56
4,083   3,651 432
28,539   27,234 1,305
2,014   1,839 175
3,291   2,684 607
2,913   2,409 504
36,184   34,272 1,912
2,090   1,723 367
25,160   13,254 11,906
34,331   30,677 3,654
18,111   17,442 669
28,136   25,455 2,681
20,775   19,016 1,759
4,381   4,487 -106
2,512   2,222 290
1,833   1,537 296
1,234   1,034 200
2,308   2,028 280
1,417   1,449 -32
2,015   2,150 -135
5,176   3,320 1,856
1,360   1,496 -136
595   547 48
2,591   2,425 166
2,636   1,682 954
2,443   1,817 626
757   701 56
3,969   4,222 -253
23,944   21,497 2,447
1,925   1,726 199
3,399   2,899 500
2,098   1,919 179
1,667   1,460 207
2,872   2,858 14
26,400   29,020 -2,620
5,088   5,545 -457
18,477   15,341 3,136
25,115   21,878 3,237
5,081   4,742 339
4,274   4,040 234
1,936   1,838 98
647   578 69
1,293   1,177 116
23,672   16,439 7,233
1,076   1,154 -78
2,231   1,888 343
3,603   3,541 62
2,001   1,708 293
2,589   1,654 935
4,209   2,975 1,234
3,612   3,252 360
2,239   2,480 -241
2,301   1,902 399
3,702   3,758 -56
4,815   3,990 825
2,220   1,687 533
1,382   837 545
27,762   25,912 1,850
2,421   2,438 -17
15,732   14,963 769
2,623   2,191 432
2,653   2,373 280
2,951   2,452 499
2,070   1,879 191
2,746   1,927 819
3,793   4,050 -257
3,986   3,366 620
34,859   32,820 2,039
4,754   3,925 829
994   882 112
2,809   3,050 -241
2,290   2,065 225
21,127   23,438 -2,311
26,721   23,727 2,994
18,307   16,192 2,115
17,539   17,360 179
3,508   3,928 -420
22,677   23,910 -1,233
16,940   16,428 512
19,975   20,004 -29
13,867   14,074 -207
15,309   18,557 -3,248
19,881   19,692 189
663   688 -25
31,079   21,508 9,571
151,650   184,680 -33,030
61,074   60,000 1,074
25,687   23,332 2,355
14,451   9,629 4,822
44,370   60,000 -15,630
1,610   914 696
4,025   3,486 539
5,240   3,784 1,456
91,279   95,500 -4,221
17,951   15,185 2,766
9,507   5,484 4,023
22,758   18,995 3,763
14,867   16,125 -1,258
19,661   18,933 728
12,385   12,575 -190
8,652   8,061 591
14,059   13,977 82
13,352   13,215 137
19,677   17,625 2,052
26,816   23,208 3,608
      67
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       -663
b       -2,003
c       215
d       796
e       -26
      3,177
      3,745
      697
      1,567
      -28
      1,677
      508
      73
      195
      194
      430
      2,857
      592
      4,484
      167
      -498
      -2,572
      326
      -2,612
      285
      2,323
      85
      -560
      -1
      -395
      845
      6,015
      2,751
      1,011
      -180
      2,736
      2,321
      1,105
      -3,497
      65
      235
      2,633
      -390
      3,502
      -7,350
      56
      432
      1,305
      175
      607
      504
      1,912
      367
      11,906
      3,654
      669
      2,681
      1,759
      -106
      290
      296
      200
      280
      -32
      -135
      1,856
      -136
      48
      166
      954
      626
      56
      -253
      2,447
      199
      500
      179
      207
      14
      -2,620
      -457
      3,136
      3,237
      339
      234
      98
      69
      116
      7,233
      -78
      343
      62
      293
      935
      1,234
      360
      -241
      399
      -56
      825
      533
      545
      1,850
      -17
      769
      432
      280
      499
      191
      819
      -257
      620
      2,039
      829
      112
      -241
      225
      -2,311
      2,994
      2,115
      179
      -420
      -1,233
      512
      -29
      -207
      -3,248
      189
      -25
      9,571
      -33,030
      1,074
      2,355
      4,822
      -15,630
      696
      539
      1,456
      -4,221
      2,766
      4,023
      3,763
      -1,258
      728
      -190
      591
      82
      137
      2,052
      3,608
       
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 70,063
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 143,217 4,395,845 0.03258
2008 311,705 5,335,372 0.058422
2007 260,765 6,011,466 0.043378
2006 313,083 5,632,244 0.055588
2005 416,388 5,624,874 0.074026
2 Total of line 1, column (d) ...................... 2 0.263994
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 0.052799
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 4,820,325
5 Multiply line 4 by line 3....................... 5 254,508
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,969
7 Add lines 5 and 6......................... 7 256,477
8 Enter qualifying distributions from Part XII, line 4.............. 8 313,733
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2010)
Form 990-PF (2010)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 1,969
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 1,969
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,969
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 2,595
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 2,595
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 626
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet626 Refunded Bullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?.............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletPA
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletPNC BANK NA Telephone no.bullet (216) 257-4699
    Located atbulletPO BOX 94651CLEVELANDOH ZIP+4bullet441014631
    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
    Yes
     
    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
    PNC BANK NA TRUSTEE
    4
    38,621    
    PO BOX 94651
    CLEVELAND,OH441014651
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    4,893,731
    b
    Average of monthly cash balances.......................
    1b
    0
    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
    4,893,731
    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
    4,893,731
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    73,406
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,820,325
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    241,016
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    241,016
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    1,969
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,969
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    239,047
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    239,047
    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
    239,047
    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
    313,733
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    313,733
    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
    1,969
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    311,764
    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 7 239,047
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 14,767
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2010:
    a From 2005....... 0
    b From 2006....... 0
    c From 2007....... 0
    d From 2008....... 0
    e From 2009....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 313,733
    a Applied to 2009, but not more than line 2a 14,767
    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..... 239,047
    e Remaining amount distributed out of corpus 59,919
    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 59,919
    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 ......
    59,919
    10 Analysis of line 9:
    a Excess from 2006.... 0
    b Excess from 2007.... 0
    c Excess from 2008.... 0
    d Excess from 2009.... 0
    e Excess from 2010.... 59,919
    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).)
    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
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    STEPHEN P KOSAK
    PO BOX 374
    OIL CITY,PA16301
    (914) 677-5085
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER STATING PURPOSE FOR WHICH FUNDS WILL BE USED; ENCLOSE COPY OF IRS DETERMINATION LETTER.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    PREFERENCE IS GIVEN TO ORGANIZATION'S WITHIN VENANGO COUNTY.
    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
    YOUTH ALTERNATIVES INC
    1 GRAFF STREET
    OIL CITY,PA163011723
    NONE PUBLIC GENERAL SUPPORT 10,000
    OIL CITY SALVATION ARMY
    PO BOX 282
    OIL CITY,PA16301
    NONE PUBLIC GENERAL SUPPORT 16,750
    OIL CITY YMCA
    7 PETROLEUM STREET
    OIL CITY,PA16301
    NONE PUBLIC GENERAL SUPPORT 68,666
    KEYSTONE SMILES
    PO BOX 352
    KNOX,PA16232
    NONE PUBLIC GENERAL SUPPORT 3,900
    FAMILY SERVICES & CHILDRENS AID
    716 EAST SECOND ST
    OIL CITY,PA16301
    NONE PUBLIC GENERAL SUPPORT 17,500
    OIL CITY ARTS COUNCIL
    206 SENECA STREET
    OIL CITY,PA16301
    NONE PUBLIC GENERAL SUPPORT 3,600
    OIL CITY LIBRARY-CITY OF OIL CITY
    RYAN P EGGLESTON CITY MANAGER
    2 CENTRAL AVENUE
    OIL CITY,PA16301
    NONE PUBLIC GENERAL SUPPORT 21,229
    VENANGO VISION LEADERSHIP INSTITUTE
    CLARION UNIVERSITY FOUNDATION INC
    840 WOOD ST
    CLARION,PA16214
    NONE PUBLIC GENERAL SUPPORT 5,000
    SPECIAL OLYMPICS PENNSYLVANIA
    ATTN MARIE MUELLER
    150 PLEASANT DRIVE STE 104
    ALIQUIPPA,PA15001
    NONE PUBLIC GENERAL SUPPORT 5,700
    FERTIGS COMMUNITY CENTER
    ATTN BONNIE J RITNER
    4887 CAMP COFFMAN ROAD
    VENUS,PA16364
    NONE PUBLIC GENERAL SUPPORT 10,000
    FOUNDATION FOR FREE ENTERPRISE EDU
    3076 WEST 12 ST
    ERIE,PA16505
    NONE PUBLIC GENERAL SUPPORT 2,100
    HEART 2 HEART PARENT SUPPORT
    55 MORAN STREET
    OIL CITY,PA16301
    NONE PUBLIC GENERAL SUPPORT 5,000
    COMMUNITY SERVICES OF VENANGO CTY
    WILLIAM LUCIA
    206 SENECA STREET 3RD FLOOR
    OIL CITY,PA16301
    NONE PUBLIC GENERAL SUPPORT 700
    VENANGO AREA COMMUNITY FOUNDATION
    JEANNE BEST
    213 SENECA STREET PO BOX 374
    OIL CITY,PA16301
    NONE PUBLIC GENERAL SUPPORT 35,000
    CHILD TO FAMILY CONNECTIONS
    KAREN CROSS
    191 HOWARD STREET STE 206
    FRANKLIN,PA16323
    NONE PUBLIC GENERAL SUPPORT 8,750
    ST JOHN'S EPISCOPAL CHURCH
    HOLLY DAVIS
    1145 BUFFALO STREET
    FRANKLIN,PA16323
    NONE PUBLIC GENERAL SUPPORT 18,300
    ALLEGHENY VALLEY TRAILS ASSOC
    JIM HOLDEN
    PO BOX 264
    FRANKLIN,PA16323
    NONE PUBLIC GENERAL SUPPORT 20,000
    BARROW-CIVIC THEATRE
    PENNY GUSTAVSON
    1223 LIBERTY STREET
    FRANKLIN,PA16323
    NONE PUBLIC GENERAL SUPPORT 5,000
    CITY OF OIL CITY GOLF
    RYAN EGGLESTON
    21 SENECA STREET
    OIL CITY,PA16301
    NONE PUBLIC GOLF COURSE 17,000
    SHAMBURG CHRISTIAN CHURCH
    REV TOM CANGELO
    15995 ROUSEVILLE ROAD
    PLEASANTVILLE,PA16341
    NONE PUBLIC PAVING PARKING LOT 1,000
    VAH-KI PRESBYTERIAN CHURCH
    PO BOX 10900
    BAPCHULE,AZ85221
    NONE PUBLIC GENERAL SUPPORT 25
    UNITED WAY OF VENANGO COUNTY
    1999 ALLEGHENY AVENUE
    RENO,PA163430303
    NONE PUBLIC GENERAL SUPPORT 5,500
    CROSSNORE SCHOOL
    P O BOX 249
    CROSSNORE,NC28616
    NONE PUBLIC GENERAL SUPPORT 50
    1ST PRESBYTERIAN CHURCH
    C/O JUDY C QUATTRO ADM
    215 E BISSELL AVE
    OIL CITY,PA16301
    NONE PUBLIC GENERAL SUPPORT 25
    Total .................................bullet 3a 280,795
    bApproved for future payment
    Total ..................................bullet 3b  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments          
    4 Dividends and interest from securities....     14 147,488  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 70,063  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aPRIOR YEAR TAX REF       4,686  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   222,237  
    13Total. Add line 12, columns (b), (d), and (e)...................
    13222,237
    (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:
    EDITH C JUSTUS TUW
    EIN: 25-6031057
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PNC BANK, NA 700     700

    TY 2010 CompensationExplanation
    Name:
    EDITH C JUSTUS TUW
    EIN: 25-6031057
    Person Name Explanation
    PNC BANK NA TRUSTEE FEES

    TY 2010 InvestmentsOtherSchedule2
    Name:
    EDITH C JUSTUS TUW
    EIN: 25-6031057
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ALTERNATIVE INVESTMENTS      

    TY 2010 OtherDecreasesSchedule
    Name:
    EDITH C JUSTUS TUW
    EIN: 25-6031057
    Description Amount
    POSTED SUBSEQ YR,TAXED CURR YR 355


    TY 2010 OtherExpensesSchedule
    Name:
    EDITH C JUSTUS TUW
    EIN: 25-6031057
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISC FOUNDATION EXPENSES 50 0   50


    TY 2010 OtherIncreasesSchedule
    Name:
    EDITH C JUSTUS TUW
    EIN: 25-6031057
    Description Amount
    POSTED CURR YR, TAXED PRIOR YR 171
    NONDIVIDEND DISTRIBUTION 186
    MARKETING FEE REBATE 606
    ROUNDING ADJUSTMENT 2


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    EDITH C JUSTUS TUW
    EIN: 25-6031057
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER PROFESSIONAL FEES 12,878     12,878


    TY 2010 TaxesSchedule
    Name:
    EDITH C JUSTUS TUW
    EIN: 25-6031057
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 25 25   0
    FOREIGN TAXES ON QUALIFIED FOR 1,254 1,254   0
    FOREIGN TAXES ON NONQUALIFIED 91 91   0