TY 2010 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

OMB No. 1545-0052

2010

For calendar year 2010, or tax year beginning 01-01-2010 , and ending 12-31-2010

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

Amended returnAddress changeName change

Name of foundation
RONOLD L VON HAGEN FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)C/O LFPP PO BOX 989 Room/suite

City or town, state, and ZIP code
KETCHUM, ID833400989

A Employer identification number

26-2494456

B Telephone number (see page 10 of the instructions)

(208) 726-7500

C If exemption application is pending, check here bullet

D 1. Foreign organizations, check here . bullet

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

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

$952,642J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

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

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments	9		9
4	Dividends and interest from securities......	25,568		25,568
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		9,930
b	Gross sales price for all assets on line 6a 686,181
7	Capital gain net income (from Part IV, line 2)...			9,930
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........	35,507		35,507
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		3,663	3,663
c	Other professional fees (attach schedule)....		7,346	7,346
17	Interest...............
18	Taxes (attach schedule) (see page 14 of the instructions)		684	422
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		107	107
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	11,800		11,538	0
25	Contributions, gifts, grants paid........	40,000			40,000
26	Total expenses and disbursements. Add lines 24 and 25	51,800		11,538	40,000
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-16,293
b	Net investment income (if negative, enter -0-)			23,969
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	-16,157	12,533	12,533
	2	Savings and temporary cash investments..........	6,098	3,928	3,928
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see page 15 of the
		instructions)....................
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	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)........	937,167	894,354	936,181
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	927,108	910,815	952,642
	17	Accounts payable and accrued expenses..........
	18	Grants payable...................
	19	Deferred revenue..................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................	927,108	910,815
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........
	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)....................	927,108	910,815
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	927,108	910,815

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	927,108
2	Enter amount from Part I, line 27a......................	2	-16,293
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	910,815
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30..	6	910,815

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	NEWS CORP	P	2009-01-30	2010-01-05
b	CORNING INC	P	2009-09-30	2010-02-10
c	VALERO ENERGY CORP	P	2009-07-29	2010-03-24
d	DU PONT (E.I.) DE NEMOURS	P	2009-06-26	2010-04-15
e	AMERIPRISE FINANCIAL INC	P	2009-10-29	2010-05-13
	EXXON MOBIL CORP	P	2010-05-13	2010-06-23
	VALERO ENERGY CORP	P	2009-08-21	2010-07-22
	DELL INC	P	2009-08-14	2010-07-28
	MOTOROLA INC	P	2010-02-02	2010-07-28
	FIFTH THIRD BANCORP	P	2010-06-23	2010-08-18
	BANK OF AMERICA CORP	P	2010-04-20	2010-10-07
	OVERLAY B PORTFOLIO	P	2010-07-28	2010-10-26
	MOTOROLA INC	P	2010-02-04	2010-11-29
	LOWE'S COS INC	P	2008-10-22	2010-01-26
	DEVON ENERGY CORPORATION	P	2008-09-15	2010-03-08
	CONOCOPHILLIPS	P	2007-08-01	2010-04-01
	ARCHER-DANIELS-MIDLAND CO	P	2009-01-20	2010-05-04
	MERCK & CO. INC.	P	2008-06-19	2010-05-28
	DEVON ENERGY CORPORATION	P	2009-04-02	2010-07-14
	CIMAREX ENERGY CO	P	2009-07-13	2010-07-28
	PFIZER INC	P	2006-06-13	2010-07-28
	XL GROUP PLC	P	2009-06-03	2010-07-28
	BERNSTEIN EMERGING MARKETS	P	2002-12-06	2010-07-28
	TIME WARNER INC	P	2009-03-25	2010-10-18
	TIME WARNER CABLE	P	2009-04-06	2010-11-15
	ACE LTD	P	2009-04-16	2010-01-07
	NORTHROP GRUMMAN CORP	P	2009-03-26	2010-02-12
	VALERO ENERGY CORP	P	2009-07-31	2010-03-24
	DEUTSCHE BANK AG-REGISTERED	P	2009-05-11	2010-04-19
	AMERIPRISE FINANCIAL INC	P	2009-10-30	2010-05-13
	GENERAL ELECTRIC CO	P	2009-10-16	2010-06-23
	MOTOROLA INC	P	2010-01-07	2010-07-26
	DELL INC	P	2009-11-23	2010-07-28
	NEWFIELD EXPLORATION CO	P	2010-02-23	2010-07-28
	BANK OF AMERICA CORP	P	2010-01-26	2010-08-26
	BANK OF AMERICA CORP	P	2010-04-26	2010-10-07
	FREEPORT-MCMORAN COPPER	P	2010-02-22	2010-11-01
	GAP INC/THE	P	2010-03-15	2010-11-30
	MERCK & CO. INC.	P	2008-06-19	2010-01-26
	DEVON ENERGY CORPORATION	P	2009-01-28	2010-03-08
	CONOCOPHILLIPS	P	2007-08-24	2010-04-01
	ARCHER-DANIELS-MIDLAND CO	P	2009-02-25	2010-05-04
	MERCK & CO. INC.	P	2008-07-02	2010-05-28
	MORGAN STANLEY	P	2008-02-14	2010-07-26
	DEVON ENERGY CORPORATION	P	2009-04-02	2010-07-28
	PFIZER INC	P	2006-11-20	2010-07-28
	XL GROUP PLC	P	2009-07-07	2010-07-28
	BERNSTEIN EMERGING MARKETS	P	2003-12-05	2010-07-28
	TIME WARNER INC	P	2009-04-20	2010-10-18
	TIME WARNER CABLE	P	2009-04-06	2010-11-15
	NEWS CORP	P	2009-01-30	2010-01-07
	DU PONT (E.I.) DE NEMOURS	P	2009-04-16	2010-02-16
	DU PONT (E.I.) DE NEMOURS	P	2009-05-15	2010-03-25
	AMERIPRISE FINANCIAL INC	P	2009-10-29	2010-04-22
	SPRINT NEXTEL CORP	P	2009-07-31	2010-05-13
	GENERAL ELECTRIC CO	P	2009-10-19	2010-06-23
	MOTOROLA INC	P	2010-01-08	2010-07-26
	DIRECTV-CLASS A	P	2010-05-06	2010-07-28
	PRINCIPAL FINANCIAL GROUP	P	2010-04-05	2010-07-28
	BANK OF AMERICA CORP	P	2010-04-20	2010-08-26
	ROSS STORES INC	P	2010-03-01	2010-10-07
	FREEPORT-MCMORAN COPPER	P	2010-02-25	2010-11-01
	ALTRIA GROUP INC	P	2010-03-26	2010-12-01
	WESTERN DIGITAL CORP	P	2008-08-21	2010-01-26
	LOWE'S COS INC	P	2009-03-04	2010-03-09
	CONOCOPHILLIPS	P	2007-10-29	2010-04-01
	NEWS CORP	P	2009-01-30	2010-05-12
	MERCK & CO. INC.	P	2008-07-09	2010-05-28
	MOTOROLA INC	P	2009-04-20	2010-07-26
	DEVON ENERGY CORPORATION	P	2009-07-14	2010-07-28
	TRAVELERS COS INC/THE	P	2007-06-18	2010-07-28
	BERNSTEIN INTERMEDIATE	P	1996-05-20	2010-07-28
	BERNSTEIN EMERGING MARKETS	P	2004-12-10	2010-07-28
	CONOCOPHILLIPS	P	2009-09-01	2010-10-26
	CBS CORP-CLASS B NON VOTING	P	2006-07-11	2010-11-17
	CATERPILLAR INC	P	2009-07-14	2010-01-14
	DU PONT (E.I.) DE NEMOURS	P	2009-05-04	2010-02-16
	VALERO ENERGY CORP	P	2009-07-31	2010-03-25
	DELL INC	P	2009-07-15	2010-04-30
	ROYAL CARIBBEAN CRUISES LTD	P	2010-01-21	2010-05-17
	CONOCOPHILLIPS	P	2009-09-01	2010-06-24
	MOTOROLA INC	P	2010-01-27	2010-07-26
	ENSCO PLC- SPON ADR	P	2010-02-22	2010-07-28
	PRINCIPAL FINANCIAL GROUP	P	2010-06-04	2010-07-28
	GOLDMAN SACHS GROUP INC	P	2010-01-25	2010-08-31
	ROSS STORES INC	P	2010-03-15	2010-10-07
	ROYAL CARIBBEAN CRUISES LTD	P	2010-03-10	2010-11-01
	ALTRIA GROUP INC	P	2010-03-26	2010-12-01
	BUNGE LTD	P	2008-12-11	2010-01-28
	AT&T INC	P	2007-09-26	2010-03-11
	CONOCOPHILLIPS	P	2007-10-29	2010-04-01
	NEWS CORP	P	2009-02-12	2010-05-12
	MERCK & CO. INC.	P	2008-09-05	2010-05-28
	AT&T INC	P	2007-10-17	2010-07-28
	ENSCO PLC- SPON ADR	P	2009-06-02	2010-07-28
	TRAVELERS COS INC/THE	P	2007-12-03	2010-07-28
	BERNSTEIN INTERMEDIATE	P	1996-12-03	2010-07-28
	BERNSTEIN EMERGING MARKETS	P	2005-12-07	2010-07-28
	CONOCOPHILLIPS	P	2009-09-24	2010-10-26
	CBS CORP-CLASS B NON VOTING	P	2008-11-12	2010-11-17
	CATERPILLAR INC	P	2009-07-28	2010-01-14
	DU PONT (E.I.) DE NEMOURS	P	2009-05-15	2010-02-16
	CONOCOPHILLIPS	P	2009-09-01	2010-04-01
	DELL INC	P	2009-07-20	2010-04-30
	CIMAREX ENERGY CO	P	2009-07-13	2010-05-19
	CONOCOPHILLIPS	P	2009-09-01	2010-06-25
	MOTOROLA INC	P	2010-02-02	2010-07-26
	FORD MOTOR CO	P	2009-11-06	2010-07-28
	PEPCO HOLDINGS INC	P	2010-03-15	2010-07-28
	COMMUNITY HEALTH SYSTEMS INC	P	2010-04-12	2010-09-09
	MOTOROLA INC	P	2010-02-02	2010-10-08
	GARMIN LTD	P	2009-11-16	2010-11-08
	ALTRIA GROUP INC	P	2010-03-26	2010-12-01
	TIME WARNER INC	P	2008-06-04	2010-02-11
	AT&T INC	P	2007-10-15	2010-03-11
	CONOCOPHILLIPS	P	2008-01-23	2010-04-01
	MOTOROLA INC	P	2009-04-20	2010-05-13
	MERCK & CO. INC.	P	2008-09-05	2010-05-28
	AT&T INC	P	2007-10-22	2010-07-28
	GOLDMAN SACHS GROUP INC	P	2008-09-23	2010-07-28
	TIME WARNER INC	P	2008-10-03	2010-07-28
	BERNSTEIN INTERMEDIATE	P	1997-01-27	2010-07-28
	BERNSTEIN EMERGING MARKETS	P	2006-12-12	2010-07-28
	INGERSOLL-RAND PLC	P	2009-06-11	2010-10-26
	FORD MOTOR CO	P	2009-11-13	2010-11-24
	HOME DEPOT INC	P	2009-02-10	2010-01-14
	MASCO CORP	P	2009-05-22	2010-02-22
	J.C. PENNEY CO INC	P	2009-12-18	2010-04-07
	DELL INC	P	2009-08-14	2010-04-30
	SPRINT NEXTEL CORP	P	2009-07-31	2010-05-19
	EXXON MOBIL CORP	P	2010-05-20	2010-06-25
	TRANSOCEAN LTD	P	2010-03-02	2010-07-26
	FORD MOTOR CO	P	2009-11-13	2010-07-28
	PROCTER & GAMBLE CO	P	2010-05-14	2010-07-28
	COMMUNITY HEALTH SYSTEMS INC	P	2010-04-16	2010-09-09
	MOTOROLA INC	P	2010-02-04	2010-10-08
	GARMIN LTD	P	2010-01-20	2010-11-08
	ALTRIA GROUP INC	P	2010-04-05	2010-12-01
	TIME WARNER INC	P	2008-10-03	2010-02-11
	AT&T INC	P	2007-10-17	2010-03-11
	J.C. PENNEY CO INC	P	2009-02-19	2010-04-07
	UNUM GROUP	P	2009-04-30	2010-05-13
	MERCK & CO. INC.	P	2008-09-05	2010-06-02
	AT&T INC	P	2007-11-06	2010-07-28
	JPMORGAN CHASE & CO	P	2008-04-17	2010-07-28
	TIME WARNER INC	P	2008-12-05	2010-07-28
	BERNSTEIN INTERMEDIATE	P	1997-05-08	2010-07-28
	BERNSTEIN INTERNATIONAL	P	1999-04-30	2010-07-28
	INGERSOLL-RAND PLC	P	2009-10-07	2010-10-26
	ALTRIA GROUP INC	P	2009-08-05	2010-12-01
	HOME DEPOT INC	P	2009-02-25	2010-01-14
	CORNING INC	P	2009-09-30	2010-02-25
	SPX CORP	P	2009-07-06	2010-04-08
	AETNA INC	P	2009-09-09	2010-05-05
	NOBLE CORP	P	2010-02-23	2010-05-21
	FORD MOTOR CO	P	2009-11-06	2010-06-25
	TRANSOCEAN LTD	P	2010-04-21	2010-07-26
	GOLDMAN SACHS GROUP INC	P	2009-08-20	2010-07-28
	PROCTER & GAMBLE CO	P	2010-05-20	2010-07-28
	GOLDMAN SACHS GROUP INC	P	2010-01-25	2010-09-14
	FREEPORT-MCMORAN COPPER	P	2010-02-16	2010-10-20
	GARMIN LTD	P	2010-01-20	2010-11-08
	CF INDUSTRIES HOLDINGS INC	P	2010-08-09	2010-12-08
	WESTERN DIGITAL CORP	P	2008-08-21	2010-02-17
	GOLDMAN SACHS GROUP INC	P	2008-09-23	2010-03-11
	SPRINT NEXTEL CORP	P	2008-09-15	2010-04-13
	DEUTSCHE BANK AG-REGISTERED	P	2009-05-11	2010-05-18
	MACY'S INC	P	2008-10-03	2010-06-08
	AOL INC	P	2004-04-28	2010-07-28
	JPMORGAN CHASE & CO	P	2008-06-04	2010-07-28
	TIME WARNER INC	P	2009-01-07	2010-07-28
	BERNSTEIN INTERMEDIATE	P	1997-07-10	2010-07-28
	BERNSTEIN INTERMEDIATE	P	1998-04-23	2010-08-04
	TIME WARNER INC	P	2009-04-20	2010-10-26
	PULTE GROUP INC	P	2009-07-31	2010-12-02
	VODAFONE GROUP PLC-SP ADR	P	2009-05-04	2010-01-14
	SYMANTEC CORP	P	2009-03-12	2010-03-01
	SUPERVALU INC	P	2009-10-15	2010-04-09
	AETNA INC	P	2009-09-25	2010-05-05
	AMERIPRISE FINANCIAL INC	P	2009-10-30	2010-05-25
	GENERAL ELECTRIC CO	P	2009-10-19	2010-06-25
	ALTRIA GROUP INC	P	2009-08-05	2010-07-28
	GOLDMAN SACHS GROUP INC	P	2009-08-31	2010-07-28
	ROWAN COMPANIES INC	P	2010-02-24	2010-07-28
	MOTOROLA INC	P	2010-02-02	2010-09-16
	FREEPORT-MCMORAN COPPER	P	2010-02-22	2010-10-20
	PROCTER & GAMBLE CO	P	2010-06-24	2010-11-12
	CABLEVISION SYS CORP	P	2010-05-06	2010-12-23
	WESTERN DIGITAL CORP	P	2008-09-04	2010-02-17
	JPMORGAN CHASE & CO	P	2008-01-10	2010-03-11
	SPRINT NEXTEL CORP	P	2008-10-03	2010-04-13
	NOKIA CORP-SPON ADR	P	2009-01-23	2010-05-19
	US BANCORP	P	2009-05-13	2010-06-14
	AOL INC	P	2004-07-14	2010-07-28
	JPMORGAN CHASE & CO	P	2009-05-27	2010-07-28
	TIME WARNER INC	P	2009-01-08	2010-07-28
	BERNSTEIN INTERMEDIATE	P	1997-08-04	2010-07-28
	BERNSTEIN INTERNATIONAL	P	1999-04-30	2010-08-04
	TYCO ELECTRONICS LTD	P	2009-08-21	2010-10-26
	D R HORTON INC	P	2009-06-12	2010-12-03
	US BANCORP	P	2009-05-13	2010-01-19
	SYMANTEC CORP	P	2009-03-12	2010-03-08
	SUPERVALU INC	P	2009-11-19	2010-04-09
	AETNA INC	P	2009-10-14	2010-05-05
	STEEL DYNAMICS INC	P	2009-11-19	2010-06-08
	GENERAL ELECTRIC CO	P	2009-11-09	2010-06-25
	AOL INC	P	2010-02-24	2010-07-28
	GOLDMAN SACHS GROUP INC	P	2009-10-21	2010-07-28
	SPRINT NEXTEL CORP	P	2009-07-31	2010-07-28
	ROSS STORES INC	P	2010-03-01	2010-09-16
	BANK OF AMERICA CORP	P	2010-04-26	2010-10-21
	PROCTER & GAMBLE CO	P	2010-06-30	2010-11-12
	HESS CORP	P	2010-09-10	2010-12-28
	AT&T INC	P	2007-09-14	2010-02-22
	JPMORGAN CHASE & CO	P	2008-04-17	2010-03-11
	GOLDMAN SACHS GROUP INC	P	2008-09-23	2010-04-16
	NOKIA CORP-SPON ADR	P	2009-02-05	2010-05-19
	US BANCORP	P	2009-06-02	2010-06-14
	AOL INC	P	2008-06-04	2010-07-28
	JPMORGAN CHASE & CO	P	2009-06-12	2010-07-28
	TIME WARNER CABLE	P	2004-04-28	2010-07-28
	BERNSTEIN INTERMEDIATE	P	1997-12-04	2010-07-28
	TEXTRON INC	P	2009-07-14	2010-08-06
	BERNSTEIN INTERMEDIATE	P	1998-04-23	2010-10-26
	AT&T INC	P	2008-04-25	2010-12-09
	CHEVRON CORP	P	2009-03-25	2010-01-22
	SYMANTEC CORP	P	2009-09-24	2010-03-08
	FREEPORT-MCMORAN COPPER	P	2010-02-04	2010-04-12
	AK STEEL HOLDING CORP	P	2009-08-19	2010-05-05
	GENERAL ELECTRIC CO	P	2009-10-16	2010-06-11
	GENERAL ELECTRIC CO	P	2009-11-23	2010-06-25
	BB&T CORP	P	2009-09-14	2010-07-28
	GOLDMAN SACHS GROUP INC	P	2010-01-25	2010-07-28
	SPRINT NEXTEL CORP	P	2009-08-10	2010-07-28
	SARA LEE CORP	P	2010-04-14	2010-09-24
	BANK OF AMERICA CORP	P	2010-05-06	2010-10-21
	ROWAN COMPANIES INC	P	2010-02-24	2010-11-16
	NEWS CORP	P	2008-12-11	2010-01-05
	AT&T INC	P	2007-09-26	2010-02-22
	XL CAPITAL LTD -CLASS A	P	2008-08-28	2010-03-11
	DEUTSCHE BANK AG-REGISTERED	P	2007-08-24	2010-04-19
	NOKIA CORP-SPON ADR	P	2009-02-06	2010-05-19
	LIMITED BRANDS INC	P	2009-04-14	2010-06-15
	AOL INC	P	2008-10-03	2010-07-28
	MORGAN STANLEY	P	2008-07-31	2010-07-28
	TIME WARNER CABLE	P	2004-07-14	2010-07-28
	BERNSTEIN INTERMEDIATE	P	1998-04-23	2010-07-28
	BUNGE LTD	P	2009-04-28	2010-08-10
	BERNSTEIN INTERMEDIATE	P	1998-12-28	2010-10-26
	AT&T INC	P	2009-06-23	2010-12-09
	CHEVRON CORP	P	2009-04-20	2010-01-22
	LOWE'S COS INC	P	2009-07-13	2010-03-09
	NEXEN INC	P	2009-05-19	2010-04-12
	DU PONT (E.I.) DE NEMOURS	P	2009-06-26	2010-05-12
	TRANSOCEAN LTD	P	2010-03-02	2010-06-11
	RELIANCE STEEL & ALUMINUM	P	2010-04-22	2010-06-30
	BANK OF AMERICA CORP	P	2009-12-09	2010-07-28
	GENERAL ELECTRIC CO	P	2009-11-23	2010-07-28
	SPRINT NEXTEL CORP	P	2009-11-04	2010-07-28
	SARA LEE CORP	P	2010-05-07	2010-09-24
	JOHNSON & JOHNSON	P	2010-06-28	2010-10-26
	BANK OF AMERICA CORP	P	2010-05-06	2010-11-22
	PFIZER INC	P	2006-05-16	2010-01-25
	METLIFE INC	P	2009-01-13	2010-02-22
	MORGAN STANLEY	P	2007-10-30	2010-03-12
	DEUTSCHE BANK AG-REGISTERED	P	2007-11-26	2010-04-19
	MACY'S INC	P	2007-06-04	2010-05-21
	INGERSOLL-RAND PLC	P	2009-06-08	2010-07-06
	AOL INC	P	2008-12-05	2010-07-28
	MERCK & CO. INC.	P	2009-03-20	2010-07-28
	TIME WARNER CABLE	P	2008-06-04	2010-07-28
	BERNSTEIN EMERGING MARKETS	P	1999-06-10	2010-07-28
	TYCO ELECTRONICS LTD	P	2009-04-28	2010-08-31
	BERNSTEIN INTERNATIONAL	P	1999-04-30	2010-10-26
	AT&T INC	P	2009-06-23	2010-12-22
	INGERSOLL-RAND PLC	P	2009-06-08	2010-01-22
	SYMANTEC CORP	P	2009-09-24	2010-03-09
	SPRINT NEXTEL CORP	P	2009-07-31	2010-04-13
	DU PONT (E.I.) DE NEMOURS	P	2009-06-29	2010-05-12
	US BANCORP	P	2009-08-31	2010-06-14
	SUPERVALU INC	P	2009-11-19	2010-06-30
	CIMAREX ENERGY CO	P	2009-11-17	2010-07-28
	GENERAL ELECTRIC CO	P	2010-02-17	2010-07-28
	OVERLAY A PORTFOLIO	P	2010-07-28	2010-08-04
	SARA LEE CORP	P	2010-05-17	2010-09-24
	MARATHON OIL CORP	P	2010-05-17	2010-10-26
	BANK OF AMERICA CORP	P	2010-06-15	2010-11-22
	PFIZER INC	P	2006-06-13	2010-01-25
	WESTERN DIGITAL CORP	P	2008-09-04	2010-02-22
	MORGAN STANLEY	P	2008-02-14	2010-03-12
	DEUTSCHE BANK AG-REGISTERED	P	2008-02-08	2010-04-19
	MACY'S INC	P	2007-06-06	2010-05-21
	INGERSOLL-RAND PLC	P	2009-06-11	2010-07-06
	AOL INC	P	2009-01-07	2010-07-28
	MERCK & CO. INC.	P	2009-04-20	2010-07-28
	TIME WARNER CABLE	P	2008-10-03	2010-07-28
	BERNSTEIN EMERGING MARKETS	P	1999-12-17	2010-07-28
	TYCO ELECTRONICS LTD	P	2009-06-08	2010-08-31
	BERNSTEIN INTERNATIONAL	P	1999-06-10	2010-10-26
	AT&T INC	P	2009-06-24	2010-12-22
	BUNGE LTD	P	2009-02-19	2010-01-28
	XL CAPITAL LTD -CLASS A	P	2009-06-03	2010-03-11
	SPRINT NEXTEL CORP	P	2009-07-31	2010-04-13
	FREEPORT-MCMORAN COPPER	P	2010-02-04	2010-05-12
	US BANCORP	P	2009-10-02	2010-06-14
	SUPERVALU INC	P	2009-12-21	2010-06-30
	COMCAST CORP-CL A	P	2010-03-09	2010-07-28
	GILEAD SCIENCES INC	P	2010-04-09	2010-07-28
	OVERLAY B PORTFOLIO	P	2010-07-28	2010-08-04
	PROCTER & GAMBLE CO	P	2010-05-20	2010-09-29
	PEPCO HOLDINGS INC	P	2010-03-15	2010-10-26
	BANK OF AMERICA CORP	P	2010-07-07	2010-11-22
	TIME WARNER INC	P	2004-07-14	2010-01-25
	J.C. PENNEY CO INC	P	2008-02-08	2010-02-26
	CBS CORP-CLASS B NON VOTING	P	2006-05-02	2010-03-25
	DEUTSCHE BANK AG-REGISTERED	P	2008-03-14	2010-04-19
	MACY'S INC	P	2008-08-05	2010-05-21
	NOKIA CORP-SPON ADR	P	2009-02-06	2010-07-08
	AOL INC	P	2009-01-08	2010-07-28
	NEWS CORP	P	2009-02-12	2010-07-28
	TIME WARNER CABLE	P	2008-12-05	2010-07-28
	BERNSTEIN EMERGING MARKETS	P	1999-12-29	2010-07-28
	TYCO ELECTRONICS LTD	P	2009-08-21	2010-08-31
	TIME WARNER CABLE	P	2009-01-07	2010-11-15
	CONOCOPHILLIPS	P	2009-09-24	2010-12-22
	TYCO ELECTRONICS LTD	P	2009-04-24	2010-02-03
	SUPERVALU INC	P	2009-10-15	2010-03-17
	DU PONT (E.I.) DE NEMOURS	P	2009-06-01	2010-04-15
	FREEPORT-MCMORAN COPPER	P	2010-02-11	2010-05-12
	CIMAREX ENERGY CO	P	2009-07-13	2010-06-17
	NOKIA CORP-SPON ADR	P	2010-03-31	2010-07-08
	CAPITAL ONE FINANCIAL CORP	P	2010-05-05	2010-07-28
	JOHNSON & JOHNSON	P	2010-06-28	2010-07-28
	BUNGE LTD	P	2009-11-19	2010-08-10
	PROCTER & GAMBLE CO	P	2010-05-24	2010-09-29
	SAFEWAY INC	P	2010-04-09	2010-10-26
	PROCTER & GAMBLE CO	P	2010-06-30	2010-11-23
	TIME WARNER INC	P	2004-07-14	2010-01-25
	J.C. PENNEY CO INC	P	2009-02-19	2010-02-26
	RRI ENERGY INC	P	2008-09-03	2010-03-30
	DEUTSCHE BANK AG-REGISTERED	P	2008-06-13	2010-04-19
	MACY'S INC	P	2008-10-03	2010-05-21
	NOKIA CORP-SPON ADR	P	2009-02-23	2010-07-08
	AOL INC	P	2009-03-25	2010-07-28
	NEWS CORP	P	2009-07-02	2010-07-28
	TIME WARNER CABLE	P	2009-01-07	2010-07-28
	BERNSTEIN EMERGING MARKETS	P	2000-12-15	2010-07-28
	TIME WARNER INC	P	2009-01-08	2010-09-24
	TIME WARNER CABLE	P	2009-01-08	2010-11-15
	CONOCOPHILLIPS	P	2009-10-07	2010-12-22
	CORNING INC	P	2009-03-06	2010-02-10
	SYMANTEC CORP	P	2009-09-24	2010-03-17
	DU PONT (E.I.) DE NEMOURS	P	2009-06-08	2010-04-15
	FREEPORT-MCMORAN COPPER	P	2010-02-16	2010-05-12
	NEWFIELD EXPLORATION CO	P	2010-02-23	2010-06-17
	VALERO ENERGY CORP	P	2009-07-31	2010-07-22
	DEAN FOODS CO	P	2009-10-06	2010-07-28
	LEAR CORP	P	2010-06-14	2010-07-28
	BANK OF AMERICA CORP	P	2010-01-25	2010-08-18
	PROCTER & GAMBLE CO	P	2010-06-24	2010-09-29
	OVERLAY A PORTFOLIO	P	2010-07-28	2010-10-26
	PROCTER & GAMBLE CO	P	2010-07-01	2010-11-23
	TIME WARNER INC	P	2008-06-04	2010-01-25
	SYMANTEC CORP	P	2009-02-24	2010-03-01
	RRI ENERGY INC	P	2008-12-08	2010-03-30
	ARCHER-DANIELS-MIDLAND CO	P	2009-01-14	2010-05-04
	DEVON ENERGY CORPORATION	P	2009-02-12	2010-05-25
	DEVON ENERGY CORPORATION	P	2009-03-03	2010-07-14
	AOL INC	P	2009-04-20	2010-07-28
	NVR INC	P	2009-07-06	2010-07-28
	WELLS FARGO & COMPANY	P	2009-05-08	2010-07-28
	BERNSTEIN EMERGING MARKETS	P	2001-12-06	2010-07-28
	TIME WARNER INC	P	2009-03-25	2010-09-24
	TIME WARNER CABLE	P	2009-03-25	2010-11-15

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	836	391	445
b	351	306	45
c	3,463	3,005	458
d	194	126	68
e	2,067	1,582	485
	4,295	4,532	-237
	2,158	2,310	-152
	675	705	-30
	1,152	967	185
	905	1,012	-107
	673	931	-258
	1,650	1,576	74
	1,474	1,215	259
	2,320	1,932	388
	1,387	1,794	-407
	673	1,042	-369
	2,504	2,435	69
	1,769	1,854	-85
	316	245	71
	1,757	707	1,050
	2,130	3,301	-1,171
	1,770	997	773
	449	232	217
	474	267	207
	315	135	180
	1,193	1,148	45
	3,524	2,672	852
	102	90	12
	220	170	50
	230	173	57
	1,167	1,212	-45
	2,746	2,825	-79
	1,485	1,616	-131
	1,068	964	104
	3,448	4,137	-689
	337	457	-120
	1,727	1,386	341
	1,031	1,146	-115
	2,501	2,317	184
	3,814	3,537	277
	3,210	4,992	-1,782
	1,318	1,375	-57
	1,701	1,923	-222
	1,210	1,913	-703
	940	734	206
	1,320	2,389	-1,069
	1,770	1,115	655
	627	518	109
	632	417	215
	946	406	540
	1,984	913	1,071
	2,115	1,813	302
	958	675	283
	1,201	879	322
	1,527	1,409	118
	1,011	1,038	-27
	1,373	1,383	-10
	942	880	62
	3,987	4,783	-796
	1,254	1,863	-609
	1,658	1,476	182
	1,439	1,083	356
	363	309	54
	1,236	850	386
	1,679	992	687
	777	1,272	-495
	1,086	489	597
	4,151	2,646	1,505
	981	670	311
	940	788	152
	101	107	-6
	3,397	3,199	198
	1,520	1,727	-207
	920	676	244
	1,005	1,698	-693
	1,242	630	612
	1,139	1,023	116
	1,515	1,350	165
	1,236	921	315
	2,627	2,272	355
	1,306	1,126	180
	1,569	1,466	103
	206	216	-10
	1,620	1,719	-99
	1,235	1,414	-179
	2,211	2,129	82
	1,763	1,367	396
	1,332	1,132	200
	2,113	1,530	583
	2,923	4,929	-2,006
	1,812	2,968	-1,156
	797	349	448
	170	170
	1,179	1,877	-698
	2,063	2,044	19
	2,515	2,671	-156
	18,535	18,000	535
	10,111	12,145	-2,034
	613	457	156
	2,642	1,139	1,503
	1,242	856	386
	488	405	83
	259	225	34
	2,060	1,606	454
	2,340	990	1,350
	1,562	1,352	210
	392	322	70
	1,291	761	530
	2,253	2,219	34
	1,774	2,366	-592
	832	645	187
	2,292	2,362	-70
	121	103	18
	1,007	1,222	-215
	1,271	2,117	-846
	2,588	3,560	-972
	3,090	2,413	677
	34	34
	1,310	2,055	-745
	736	583	153
	625	527	98
	13,023	12,300	723
	3,912	5,024	-1,112
	1,782	1,029	753
	874	460	414
	283	225	58
	2,613	1,898	715
	2,320	1,892	428
	2,060	1,764	296
	914	805	109
	4,167	4,280	-113
	1,136	2,040	-904
	1,291	836	455
	4,389	4,379	10
	1,774	2,332	-558
	83	64	19
	153	180	-27
	121	105	16
	354	342	12
	127	209	-82
	331	152	179
	2,760	1,875	885
	3,214	3,189	25
	1,310	1,989	-679
	605	671	-66
	1,032	615	417
	16,688	15,750	938
	37,815	52,557	-14,742
	1,584	1,241	343
	3,026	2,189	837
	2,832	2,035	797
	1,044	917	127
	2,733	1,908	825
	4,090	4,063	27
	1,604	2,112	-508
	2,118	1,523	595
	909	1,805	-896
	1,472	1,616	-144
	314	311	3
	1,687	1,728	-41
	1,432	1,131	301
	153	180	-27
	1,219	830	389
	549	368	181
	1,715	1,165	550
	105	170	-65
	2,783	2,556	227
	1,954	1,544	410
	63	84	-21
	2,016	2,089	-73
	2,064	1,408	656
	19,576	18,800	776
	2,750	2,614	136
	944	626	318
	1,344	2,264	-920
	1,233	1,057	176
	1,334	1,087	247
	1,639	1,605	34
	1,023	1,016	7
	1,853	1,733	120
	150	160	-10
	2,207	1,752	455
	2,944	3,267	-323
	880	865	15
	833	645	188
	191	154	37
	642	611	31
	4,410	3,285	1,125
	507	312	195
	643	612	31
	1,050	1,516	-466
	1,461	1,787	-326
	231	175	56
	147	220	-73
	2,419	2,177	242
	31	21	10
	11,454	11,000	454
	4,150	5,596	-1,446
	786	590	196
	1,908	1,657	251
	2,326	1,666	660
	761	612	149
	164	152	12
	1,461	1,307	154
	2,080	2,412	-332
	1,497	1,588	-91
	1,047	1,246	-199
	1,472	1,843	-371
	847	704	143
	810	738	72
	585	915	-330
	2,568	2,406	162
	2,257	1,650	607
	2,503	4,040	-1,537
	1,501	1,567	-66
	5,660	4,078	1,582
	756	975	-219
	1,729	1,354	375
	167	202	-35
	403	350	53
	672	435	237
	6,156	5,872	284
	2,485	1,133	1,352
	1,259	1,178	81
	1,437	1,934	-497
	753	692	61
	592	539	53
	1,702	1,353	349
	2,542	3,174	-632
	3,089	3,231	-142
	225	238	-13
	2,684	2,820	-136
	736	786	-50
	1,452	1,111	341
	2,341	2,408	-67
	117	170	-53
	1,631	1,359	272
	1,741	1,036	705
	876	1,500	-624
	687	742	-55
	147	250	-103
	1,814	2,409	-595
	2,597	999	1,598
	63	64	-1
	1,351	1,978	-627
	1,120	1,133	-13
	5,351	5,108	243
	1,101	932	169
	341	317	24
	862	739	123
	1,883	1,625	258
	1,799	1,443	356
	3,201	2,635	566
	2,700	1,771	929
	1,391	2,448	-1,057
	1,668	2,262	-594
	5,596	6,183	-587
	2,167	2,144	23
	3,388	2,070	1,318
	2,134	2,087	47
	1,594	1,486	108
	1,298	1,958	-660
	1,520	1,994	-474
	2,103	1,739	364
	301	659	-358
	1,102	1,851	-749
	419	807	-388
	1,679	1,135	544
	63	45	18
	1,494	1,022	472
	1,120	1,040	80
	776	501	275
	1,724	1,238	486
	1,736	2,160	-424
	580	492	88
	1,241	795	446
	171	154	17
	105	101	4
	1,928	1,290	638
	1,153	1,128	25
	720	988	-268
	1,757	1,198	559
	1,204	1,215	-11
	4,100	4,042	58
	688	742	-54
	1,779	1,556	223
	2,257	3,120	-863
	1,330	1,627	-297
	2,130	1,299	831
	903	1,276	-373
	1,469	2,201	-732
	1,048	2,001	-953
	1,511	1,029	482
	126	104	22
	973	672	301
	448	330	118
	271	193	78
	1,847	1,453	394
	9,064	11,370	-2,306
	1,161	993	168
	1,510	1,231	279
	706	379	327
	1,050	1,006	44
	725	677	48
	1,153	1,068	85
	830	956	-126
	978	875	103
	1,003	1,371	-368
	900	890	10
	2,419	2,490	-71
	1,816	1,622	194
	1,128	1,438	-310
	1,208	1,618	-410
	416	721	-305
	1,772	3,215	-1,443
	1,836	2,719	-883
	2,096	1,846	250
	172	268	-96
	63	52	11
	4,478	2,190	2,288
	448	234	214
	132	98	34
	1,231	1,180	51
	252	134	118
	2,675	1,827	848
	3,316	2,130	1,186
	2,188	2,006	182
	1,553	1,194	359
	1,449	1,469	-20
	1,196	424	772
	688	1,243	-555
	1,462	1,577	-115
	3,470	3,567	-97
	826	932	-106
	1,512	1,538	-26
	1,697	1,912	-215
	938	902	36
	778	1,043	-265
	1,802	986	816
	616	2,564	-1,948
	1,836	2,399	-563
	105	81	24
	860	1,020	-160
	63	43	20
	260	176	84
	672	401	271
	1,982	1,015	967
	1,005	679	326
	504	266	238
	1,672	1,224	448
	877	495	382
	1,796	1,617	179
	1,747	1,170	577
	725	754	-29
	1,701	1,445	256
	1,726	1,800	-74
	1,402	2,258	-856
	1,893	1,705	188
	995	1,129	-134
	2,721	2,751	-30
	12,450	11,555	895
	1,564	1,504	60
	1,234	1,519	-285
	1,668	1,414	254
	715	928	-213
	1,450	1,335	115
	1,186	1,022	164
	1,266	820	446
	84	77	7
	1,243	982	261
	4,211	3,300	911
	734	360	374
	565	320	245
	504	223	281

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			445
b			45
c			458
d			68
e			485
			-237
			-152
			-30
			185
			-107
			-258
			74
			259
			388
			-407
			-369
			69
			-85
			71
			1,050
			-1,171
			773
			217
			207
			180
			45
			852
			12
			50
			57
			-45
			-79
			-131
			104
			-689
			-120
			341
			-115
			184
			277
			-1,782
			-57
			-222
			-703
			206
			-1,069
			655
			109
			215
			540
			1,071
			302
			283
			322
			118
			-27
			-10
			62
			-796
			-609
			182
			356
			54
			386
			687
			-495
			597
			1,505
			311
			152
			-6
			198
			-207
			244
			-693
			612
			116
			165
			315
			355
			180
			103
			-10
			-99
			-179
			82
			396
			200
			583
			-2,006
			-1,156
			448

			-698
			19
			-156
			535
			-2,034
			156
			1,503
			386
			83
			34
			454
			1,350
			210
			70
			530
			34
			-592
			187
			-70
			18
			-215
			-846
			-972
			677

			-745
			153
			98
			723
			-1,112
			753
			414
			58
			715
			428
			296
			109
			-113
			-904
			455
			10
			-558
			19
			-27
			16
			12
			-82
			179
			885
			25
			-679
			-66
			417
			938
			-14,742
			343
			837
			797
			127
			825
			27
			-508
			595
			-896
			-144
			3
			-41
			301
			-27
			389
			181
			550
			-65
			227
			410
			-21
			-73
			656
			776
			136
			318
			-920
			176
			247
			34
			7
			120
			-10
			455
			-323
			15
			188
			37
			31
			1,125
			195
			31
			-466
			-326
			56
			-73
			242
			10
			454
			-1,446
			196
			251
			660
			149
			12
			154
			-332
			-91
			-199
			-371
			143
			72
			-330
			162
			607
			-1,537
			-66
			1,582
			-219
			375
			-35
			53
			237
			284
			1,352
			81
			-497
			61
			53
			349
			-632
			-142
			-13
			-136
			-50
			341
			-67
			-53
			272
			705
			-624
			-55
			-103
			-595
			1,598
			-1
			-627
			-13
			243
			169
			24
			123
			258
			356
			566
			929
			-1,057
			-594
			-587
			23
			1,318
			47
			108
			-660
			-474
			364
			-358
			-749
			-388
			544
			18
			472
			80
			275
			486
			-424
			88
			446
			17
			4
			638
			25
			-268
			559
			-11
			58
			-54
			223
			-863
			-297
			831
			-373
			-732
			-953
			482
			22
			301
			118
			78
			394
			-2,306
			168
			279
			327
			44
			48
			85
			-126
			103
			-368
			10
			-71
			194
			-310
			-410
			-305
			-1,443
			-883
			250
			-96
			11
			2,288
			214
			34
			51
			118
			848
			1,186
			182
			359
			-20
			772
			-555
			-115
			-97
			-106
			-26
			-215
			36
			-265
			816
			-1,948
			-563
			24
			-160
			20
			84
			271
			967
			326
			238
			448
			382
			179
			577
			-29
			256
			-74
			-856
			188
			-134
			-30
			895
			60
			-285
			254
			-213
			115
			164
			446
			7
			261
			911
			374
			245
			281

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	9,930
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . .		3	16,939

Part V

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

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

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

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

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

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2009	40,000	804,146	0.049742
2008	62,000	1,080,595	0.057376
2007
2006
2005

2	Total of line 1, column (d) ......................	2	0.107118
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	0.053559
4	Enter the net value of noncharitable-use assets for 2010 from Part X, line 5.....	4	907,064
5	Multiply line 4 by line 3.......................	5	48,581
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	240
7	Add lines 5 and 6.........................	7	48,821
8	Enter qualifying distributions from Part XII, line 4..............	8	40,000
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions on page 18.

Form 990-PF (2010)

Page 4

Part VI

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

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	479
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2............................	3	479
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-).	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	479
6	Credits/Payments:

a	2010 estimated tax payments and 2009 overpayment credited to 2010	6a
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
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	479
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2011 estimated tax0	Refunded	11

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

Yes

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

instructions) bullet

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

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

Yes

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

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

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

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

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

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

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

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

Yes

Website address bullet

N/A

The books are in care of bullet

GREG PETERSON Telephone no. bullet

(208) 726-7500

Located at bullet

PO BOX 989KETCHUMID ZIP+4 bullet

83340

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

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

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

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

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

Form 990-PF (2010)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

If “Yes,” list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

If “Yes” to 6b, file Form 8870.

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

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

Form 990-PF (2010)

Page 6

Part VIII

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

1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
RONOLD VONHAGEN	PRESIDENT 0.10	0	0	0
PO BOX 1907 SUN VALLEY,ID83353	PRESIDENT 0.10	0	0	0
GREG PETERSON	TREASURER 0.10	0	0	0
PO BOX 989 KETCHUM,ID83340	TREASURER 0.10	0	0	0
CONNIE MCMILLAN	SECRETARY 0.10	0	0	0
600 PAINT BRUSH LN KETCHUM,ID83340	SECRETARY 0.10	0	0	0

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









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

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

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

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Form 990-PF (2010)

Page 7

Part IX-B

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

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


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

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

Part X

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

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

purposes:

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

901,255

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

19,622

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

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

920,877

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

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

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

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

920,877

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

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

13,813

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

907,064

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

45,353

Part XI

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

and do not complete this part.)

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

45,353

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

479

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

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

479

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

44,874

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

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

44,874

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

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

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

44,874

Part XII

Qualifying Distributions (see page 25 of the instructions)

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

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

40,000

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

40,000

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............

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

40,000

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

Form 990-PF (2010)

Page 8

Part XIII

Undistributed Income (see page 26 of the instructions)

		(a) Corpus	(d) 2010
1 Distributable amount for 2010 from Part XI, line 7			44,874
2 Undistributed income, if any, as of the end of 2010:
a Enter amount for 2009 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2010:
a From 2005.......
b From 2006.......
c From 2007.......
d From 2008.......	7,970
e From 2009.......	55
fTotal of lines 3a through e.........		8,025
4Qualifying distributions for 2010 from Part
XII, line 4: $ 40,000
a Applied to 2009, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see page 26 of the instructions)
c Treated as distributions out of corpus (Election required—see page 26 of the instructions)...
d Applied to 2010 distributable amount.....			40,000
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2010.		4,874	4,874
(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		3,151
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........
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......
d Subtract line 6c from line 6b. Taxable amount—see page 27 of the instructions ...
e Undistributed income for 2009. Subtract line 4a from line 2a. Taxable amount—see page 27 of the instructions ...........
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) ...........
8Excess distributions carryover from 2005 not applied on line 5 or line 7 (see page 27 of the instructions) .............
9Excess distributions carryover to 2011. Subtract lines 7 and 8 from line 6a ......		3,151
10 Analysis of line 9:
a Excess from 2006....
b Excess from 2007....
c Excess from 2008....	3,096
d Excess from 2009....	55
e Excess from 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 section4942(j)(3) or4942(j)(5)

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

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

Part XV

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

1Information Regarding Foundation Managers:

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

RONOLD VON HAGEN

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

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

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

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

cAny submission deadlines:

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

Form 990-PF (2010)

Page 10

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
SUN VALLEY SKI EDUCATION PO BOX 203 SUN VALLEY,ID83353	NONE	501(C)-3	GENERAL	20,000
UCLA FOUNDATION 10920 WILSHIRE BLVD SUITE 900 LOS ANGELES,CA90024	NONE	501(C)-3	GENERAL	20,000
Total ................................. 3a				40,000

bApproved for future payment

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

Form 990-PF (2010)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514
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	9
4 Dividends and interest from securities....			14	25,568
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			26	9,930
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)..				35,507

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

1335,507

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See page 28 of the instructions.)
3	INTEREST BEARING ACCOUNTS
4	DIVIDEND INCOME - SANFORD C. BERNSTEIN & CO., LLC
8	NET GAIN ON SALES OF MARKETABLE SECURITIES SANFORD C. BER

Form 990-PF (2010)

Page 12

Part XVII

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

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

Yes

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

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If “Yes,” complete the following schedule.

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

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

	Signature of officer or trustee	Date	Title

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

Form 990-PF (2010)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXPENSES
BANK CHARGES	107	107

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES	5,070	5,070
LEGAL FEES	2,276	2,276