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
THE WILLARD G PIERCE AND JESSIE M
PIERCE FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)701 W CLOVERDALE ROAD   Room/suite
City or town, state, and ZIP code
HASTINGS, MI49058
A Employer identification number

38-2820095
B Telephone number (see page 10 of the instructions)

(269) 721-4190
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$28,202,483J 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) 79,815
2 Check bullet
3 Interest on savings and temporary cash investments 400 400 400
4 Dividends and interest from securities...... 555,937 555,937 555,937
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 50,479
b Gross sales price for all assets on line 6a 16,288,200
7 Capital gain net income (from Part IV, line 2)... 52,351
8 Net short-term capital gain......... 450,299
9 Income modifications...........  
10a Gross sales less returns and allowances 11,714
b Less: Cost of goods sold.... 7,654
c Gross profit or (loss) (attach schedule)..... Click to see attachment 4,060 4,060
11 Other income (attach schedule)....... Click to see attachment 117,021   117,021
12 Total. Add lines 1 through 11........ 807,712 608,688 1,127,717
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 111,800 15,650 15,650 96,150
14 Other employee salaries and wages...... 310,441 17,248 25,521 251,494
15 Pension plans, employee benefits....... 56,986 2,599 6,075 48,866
16a Legal fees (attach schedule)......... Click to see attachment 3,773 151   3,622
b Accounting fees (attach schedule)....... Click to see attachment 13,175 527   12,648
c Other professional fees (attach schedule)....        
17 Interest............... 12,369 495   11,874
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 31,720 31,720    
19 Depreciation (attach schedule) and depletion... Click to see attachment 224,001 8,960 47,039
20 Occupancy.............. 36,561 1,462 3,071 32,988
21 Travel, conferences, and meetings....... 6,989 279 1,468 5,242
22 Printing and publications.......... 6,632   1,625 5,008
23 Other expenses (attach schedule)....... Click to see attachment 466,683 97,789 61,342 308,644
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,281,130 176,880 161,791 776,536
25 Contributions, gifts, grants paid........ 30,930 30,930
26 Total expenses and disbursements. Add lines 24 and 25 1,312,060 176,880 161,791 807,466
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -504,348
b Net investment income (if negative, enter -0-) 431,808
c Adjusted net income (if negative, enter -0-)... 965,926
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............... 59,743 65,264 65,264
2 Savings and temporary cash investments.......... 125,475 122,995 122,995
3 Accounts receivable bullet1,250
Less: allowance for doubtful accounts bullet   1,000 1,250 1,250
4 Pledges receivable bullet562,940
Less: allowance for doubtful accounts bullet   636,133 562,940 562,940
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use............... 4,577 4,430 4,430
9 Prepaid expenses and deferred charges........... 44,810 35,908 35,908
10a Investments—U.S. and state government obligations (attach schedule) 1,290,548    
b Investments—corporate stock (attach schedule)........ 13,342,392 Click to see attachment11,143,680 11,143,680
c Investments—corporate bonds (attach schedule)........ 2,165,740 Click to see attachment3,578,464 3,578,464
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,863,869 Click to see attachment4,649,067 4,649,067
14 Land, buildings, and equipment: basis bullet7,781,036
Less: accumulated depreciation (attach schedule) bullet2,159,818 5,806,576 Click to see attachment5,621,218 7,781,036
15 Other assets (describe bullet) Click to see attachment256,241 Click to see attachment257,449 Click to see attachment257,449
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 25,597,104 26,042,665 28,202,483
Liabilities 17 Accounts payable and accrued expenses.......... 32,246 28,580
18 Grants payable................... 195,238 100,000
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) Click to see attachment4,685,000 Click to see attachment4,490,000
23 Total liabilities (add lines 17 through 22).......... 4,912,484 4,618,580
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 20,072,550 20,912,969
25 Temporarily restricted................   11,116
26 Permanently restricted................ 612,070 500,000
bullet
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).................... 20,684,620 21,424,085
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 25,597,104 26,042,665
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 20,684,620
2 Enter amount from Part I, line 27a...................... 2 -504,348
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 1,243,813
4 Add lines 1, 2, and 3.......................... 4 21,424,085
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 21,424,085
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 SMITH BARNEY - ATTACHED SCHEDULE P 2009-06-30 2010-12-31
b SMITH BARNEY - ATTACHED SCHEDULE P 2008-06-30 2010-12-31
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 9,594,883   9,144,584 450,299
b 6,691,141   7,091,265 -400,124
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       450,299
b       -400,124
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 52,351
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 3 450,299
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 910,312 16,854,763 0.054009
2008 943,811 21,425,179 0.044051
2007 966,238 26,680,050 0.036216
2006 882,741 25,825,876 0.034180
2005 868,164 23,517,580 0.036916
2 Total of line 1, column (d) ...................... 2 0.205372
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 0.041074
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 18,435,082
5 Multiply line 4 by line 3....................... 5 757,203
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 4,318
7 Add lines 5 and 6......................... 7 761,521
8 Enter qualifying distributions from Part XII, line 4.............. 8 850,291
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 4,318
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  
3 Add lines 1 and 2............................ 3 4,318
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 4,318
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 19,498
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 19,498
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 15,180
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet15,180 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?.............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
 
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)bulletMI
    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
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.CEDARCREEKINSTITUTE.ORG
    14
    The books are in care ofbulletMICHELLE SKEDGELL Telephone no.bullet (269) 721-4470
    Located atbullet701 W CLOVERDALE RDHASTINGSMI ZIP+4bullet49058
    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
     
     
    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
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    WILLARD L PIERCEClick to see attachment TRUSTEE
    1.00     		4,250 0 0
    701 W CLOVERDALE RD
    HASTINGS,MI49058
    CARL SCHOESSELClick to see attachment PRESIDENT
    4.00     		4,300 0 0
    701 W CLOVERDALE RD
    HASTINGS,MI49058
    HILARY F SNELLClick to see attachment TRUSTEE
    1.00     		4,000 0 0
    701 W CLOVERDALE RD
    HASTINGS,MI49501
    MICHELLE SKEDGELLClick to see attachment EXECUTIVE DI
    40.00     		87,500 6,769 0
    701 W CLOVERDALE RD
    HASTINGS,MI49058
    JAMES R TOBURENClick to see attachment TREASURER
    4.00     		3,700 0 0
    701 W CLOVERDALE RD
    HASTINGS,MI49058
    JEFF GARRISONClick to see attachment VICE PRESIDE
    4.00     		4,100 0 0
    701 W CLOVERDALE RD
    HASTINGS,MI49058
    RICHARD SATTERLEEClick to see attachment TRUSTEE
    1.00     		3,950 0 0
    701 W CLOVERDALE RD
    HASTINGS,MI49058
    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  
    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 BIOLOGICAL FIELD STATION PROGRAMS - TWELVE UNDERGRADUATE RESEARCH PROJECTS, INVOLVING 19 STUDENTS, WERE FUNDED THROUGH THE INSTITUTE'S UNDERGRADUATE RESEARCH GRANTS FOR THE ENVIRONMENT (URGE) PROGRAM AND THE NEW GORDON ART FELLOWSHIP IN 2010. STUDENTS AND FACULTY MENTORS CONDUCTED SUMMER RESEARCH PROJECTS RANGING FROM STUDIES OF GREEN FROGS, MOTHS, AND CHIPPING SPARROWS TO LOOK AT THE NATURAL WORLD THROUGH THE EYES OF AN ARTIST. EDUCATIONAL INSTITUTIONS SUCH AS GRAND RAPIDS COMMUNITY COLLEGE, WESTERN MICHIGAN UNIVERSITY, AND ALBION COLLEGE BROUGHT STUDENTS TO THE INSTITUTE FOR FIELD STUDIES IN CONJUNCTION WITH COURSES THEY OFFERED. ECOLOGY FOR PRE-SERVICE TEACHERS WAS A THREE WEEK, FOUR CREDIT COURSE TAUGHT AT THE INSTITUTE WITH ELEVEN STUDENTS FROM VARIOUS COLLEGES AND UNIVERSITIES. 427,095
    2 COMMUNITY ENVIRONMENTAL EDUCATION PROGRAMS - COURSES, PROGRAMS, HIKES AND CONFERENCES WERE PRESENTED FOR THE COMMUNITY TO LEARN ABOUT A VARIETY OF ENVIRONMENTAL TOPICS. COMMUNITY PROGRAMS RANGED FROM PHOTOVOLTAIC WORKSHOPS, TO A BIRDS OF PREY PROGRAM. WILDFLOWER HIKES, SNOWSHOE HIKES AND WINTER TREE IDENTIFICATION HIKES WERE OFFERED. IN MARCH, THE INSTITUTE PRESENTED ITS 8TH ANNUAL RENEWABLE ENERGY CONFERENCE THAT WAS ATTENDED BY 1050 PEOPLE FROM MICHIGAN AND SURROUNDING STATES. IN 2010, OVER 60 PROGRAMS BROUGHT IN 3,000 PARTICIPANTS TO THESE TYPES OF OFFERINGS. THE PUBLIC IS ALSO WELCOME TO HIKE THE INSTITUTE'S 6.5 MILES OF TRAILS ON ITS 661 ACRES DAILY AT NO COST. 271,787
    3 SCHOOL & GROUP PROGRAMS - BOTH ON-SITE AND OFF-SITE PROGRAMS PROVIDE A VARIETY OF ENVIRONMENTAL EDUCATION PROGRAMS TO AREA PRE K-12 STUDENTS. PROGRAMS SUCH AS GREEN CLEANING ESSENTIALS FOR MOTHERS OF PRESCHOOLERS TO COMPOSTING, BACKYARD CHICKENS AND A SUMMER NO FAMILY LEFT INDOORS SERIES WERE OFFERED. PROGRAMS WERE ALSO OFFERED TO SOCIAL AND LIFE-LONG LEARNING GROUPS BRINGING IN COUPLES AND RETIREES TO LEARN ABOUT HUMMINGBIRDS, THE HISTORY OF MICHIGAN FORESTS, AND GLACIAL FORMATIONS, TO NAME A FEW. 54,357
    4 PROFESSIONAL EDUCATION - PIERCE CEDAR CREEK INSTITUTE OFFERED ECOLOGICAL EDUCATION SEMINARS TO THE PUBLIC, PROFESSIONALS AND EDUCATORS. NEARLY 30 HIGH SCHOOL PER-SERVICE AND IN-SERVICE TEACHERS ATTENDED TEACHER WORKSHOPS TO LEARN HOW TO BRING ENVIRONMENTAL EDUCATION INTO THE CLASSROOM. VARIOUS ORGANIZATIONS SUCH AS THE DEPARTMENT OF NATURAL RESOURCE, BARRY CONSERVATION DISTRICT, AND THE SOUTHWEST MICHIGAN LAND CONSERVANCY HAD PROGRAMS ON SITE TO EXPAND ENVIRONMENTAL EDUCATION. 23,296
    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 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.)
    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
    18,291,977
    b
    Average of monthly cash balances.......................
    1b
    212,987
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    210,855
    d
    Total (add lines 1a, b, and c).........................
    1d
    18,715,819
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d..........................
    3
    18,715,819
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    280,737
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    18,435,082
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    921,754
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
     
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
     
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
     
    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
    807,466
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
    42,825
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    850,291
    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
    4,318
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    845,973
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2009     		(c)
    2009     		(d)
    2010
    1 Distributable amount for 2010 from Part XI, line 7  
    2 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.......  
    e From 2009.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 850,291
    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.....  
    e Remaining amount distributed out of corpus 850,291
    5 Excess distributions carryover applied to 2010.    
    (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 5 850,291
    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 ..........     		 
    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 ......     		 
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008....  
    d Excess from 2009....  
    e Excess from 2010....  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
    2002-10-23
    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
    921,754 491,074 629,415 639,637 2,681,880
    b 85% of line 2a ......... 783,491 417,413 535,003 543,691 2,279,598
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		850,291 913,999 948,226 966,238 3,678,754
    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 ....     		850,291 913,999 948,226 966,238 3,678,754
    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...     		614,503 561,825 714,173 889,335 2,779,836
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
     
    bThe form in which applications should be submitted and information and materials they should include:
    SEE ATTACHED GRANT APPLICATION
    cAny submission deadlines:
    OCTOBER
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GRANTS ONLY AWARDED IN BARRY COUNTY. NEW FUNDING VERY LIMITED AT THIS TIME.
    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
    FIRST PRESBYTERIAN CHURCH
    231 S BROADWAY ST
    HASTINGS,MI49058     		NONE EXEMPT GENERAL FUND 10,467
    LOVE INC
    305 S MICHIGAN AVE
    HASTINGS,MI49058     		NONE EXEMPT AID TO FAMILIES 5,234
    CHARLTON PARK VILLAGE FOU
    525 W APPLE ST
    HASTINGS,MI49058     		NONE EXEMPT GENERAL FUND 10,467
    HASTINGS AREA SCHOOLS
    520 W SOUTH ST
    HASTINGS,MI49058     		NONE EXEMPT COMMUNITY CENTER 4,762
    Total .................................bullet 3a 30,930
    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
    aEDUCATION & COMMUNITY PROGRAM         16,164
    bBFS PROGRAM         34,795
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....         19,545
    3Interest on savings and temporary cash investments     14 400  
    4 Dividends and interest from securities....     14 555,937  
    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     14 52,351 -1,872
    9 Net income or (loss) from special events:     3 24,677  
    10 Gross profit or (loss) from sales of inventory..     3 4,060  
    11 Other revenue: aMISCELLANEOUS INCOME     1 2,142  
    bFACILITY RENTAL     41 8,958  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   648,525 68,632
    13Total. Add line 12, columns (b), (d), and (e)...................
    13717,157
    (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.)
    1A THE INCOME REPRESENTS FEES FOR COMMUNITY ECOLOGY RELATED
    1B THE INCOME REPRESENTS PROGRAMS ON ECOLOGY RELATED SUBJECTS
    2 MEMBERSHIP FEES
    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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2010
    Name of organization
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    Employer identification number

    38-2820095
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule—
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990, or check the box in the heading of its
    Form 990-EZ, or on line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part I
    Name of organization
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION         		Employer identification number

    38-2820095
    Part I
    Contributors (see Instructions)
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    1
     
     

    FLEXFAB HORIZONS INTERNATIONAL-FHI    
    102 COOK ROAD
       
    HASTINGS, MI   49058

    		$30,507




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    2
     
     

    DOUG MARGARET DECAMP    
    3485 W M 179 HWY
       
    HASTINGS, MI   49058

    		$10,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    3
     
     

    GEORGE BARBARA GORDON    
    141 SOMERSET DRIVE NE
       
    GRAND RAPIDS, MI   49503

    		$10,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part II
    Name of organization
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION         		Employer identification number

    38-2820095
    Part II
    Noncash Property (see Instructions)
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part III
    Name of organization
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION         		Employer identification number

    38-2820095
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    aggregating more than $1,000 for the year. (Complete columns (a) through (e) and the following line entry.)
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2010 AccountingFeesSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WALKER, FLUKE & SHELDON, PLC 13,175 527   12,648

    TY 2010 CompensationExplanation
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Person Name Explanation
    WILLARD L PIERCE  
    CARL SCHOESSEL  
    HILARY F SNELL  
    MICHELLE SKEDGELL  
    JAMES R TOBUREN  
    JEFF GARRISON  
    RICHARD SATTERLEE  

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    TY 2010 DepreciationSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    TELEPHONES 1998-11-16 555 555 S/L 10.0000        
    PRINTER 1999-12-23 400 400 S/L 5.0000        
    BATTS PROPERTY 1998-08-07 50,000 14,413 S/L 40.0000 1,250      
    ROLFE PROPERTY 1999-03-02 131,632 35,650 S/L 40.0000 3,291      
    EPSON PROJECTOR 1999-12-23 4,523 4,523 S/L 10.0000        
    CHAIN SAW 1999-04-19 371 371 S/L 10.0000        
    99 KAWASAKI MULE 1999-04-28 7,550 7,550 S/L 10.0000        
    DK FENCE-CEDAR 2000-12-29 298 134 S/L 20.0000 15      
    GLOBAL DOUBLE PEDESTAL DESK TAG N 2000-01-27 120 120 S/L 10.0000        
    STEELCASE DESK CHAIR-NUTSHELL TAG N 2000-01-27 286 284 S/L 10.0000 2      
    30 BROWN SAMSONITE STACKING CHAIR TAG N 2000-01-27 875 868 S/L 10.0000 7      
    4 DRAWER 25" DEEP LETTER FIRE FILE 2000-01-27 375 372 S/L 10.0000 3      
    BEDDING, ETC. 2000-05-15 4,099 1,640 S/L 10.0000 136      
    10 NAKED FURNITURE 4 DRAWER LEFT PED 4422W 2000-05-10 3,423 3,309 S/L 10.0000 114      
    NAKED FURNITURE BENCH 1979 2000-05-10 153 148 S/L 10.0000 5      
    2 RUSTIC SOFAS 791-2 2000-05-10 520 502 S/L 10.0000 18      
    COCKTAIL TABLE-JC PENNEY R794- 2000-05-25 170 163 S/L 10.0000 7      
    2 RUSTIC CHAIRS 791-2 2000-05-25 404 387 S/L 10.0000 17      
    AMANA REFRIGERATOR W/ICE MAKER BX21V 2000-06-06 929 890 S/L 10.0000 39      
    AMANA MICROWAVE MVH-2 2000-06-06 350 335 S/L 10.0000 15      
    HOTPOINT RANGE RGB53 2000-06-06 360 345 S/L 10.0000 15      
    HOTPOINT REFRIGERATOR W/ICEMAKER CTX18 2000-06-06 535 513 S/L 10.0000 22      
    RANDELL CHEF COUNTER W/SINKS & REFRIGERATION ITEM 2000-12-15 17,820 16,187 S/L 10.0000 1,633      
    RANDELL PORTABLE TABLE W/SNEEZE GUARD ITEM 2000-12-15 3,204 2,910 S/L 10.0000 294      
    RANDELL PORTABLE 4-HOLE HOT FOOD TABLE W/SHELITEM 2000-12-15 4,549 4,132 S/L 10.0000 417      
    RANDELL PORTABLE COLD FOOD TABLE W/SHELVES ITEM 2000-12-15 4,012 3,644 S/L 10.0000 368      
    RANDELL BEVERAGE COUNTER ITEM 2000-12-15 1,713 1,556 S/L 10.0000 157      
    REMINGTON DRESSER FARM 2000-05-05 278 269 S/L 10.0000 9      
    2 AMISH TABLES FARM 2000-05-05 292 282 S/L 10.0000 10      
    12 NATURAL CHAIRS FARM 2000-05-05 396 383 S/L 10.0000 13      
    3 TWIN XL BOX HAMPTON J-M61 2000-07-06 450 428 S/L 10.0000 22      
    3 TWIN XL MAT HAMPTON J-M61 2000-07-06 450 428 S/L 10.0000 22      
    3 TWIN/FULL FRAMES W/ ROLLERS FR-45 2000-07-06 120 114 S/L 10.0000 6      
    3 TWIN XL BOX HAMPTON J-M61 2000-07-11 450 428 S/L 10.0000 22      
    3 TWIN XL MAT HAMPTON J-M61 2000-07-11 450 428 S/L 10.0000 22      
    3 TWIN/FULL FRAMES W/ROLLERS FR-45 2000-07-11 120 114 S/L 10.0000 6      
    2 VECTA DOLLY-4 CASTERS 79335 2000-09-18 861 797 S/L 10.0000 64      
    4 LYON GENERAL PURPOSE STOOLS TAG F 2000-09-18 428 396 S/L 10.0000 32      
    24 GUEST CHAIRS-LEG BASE, NO ARMS, BLACK/AVOCTAG F 2000-09-18 2,928 2,709 S/L 10.0000 219      
    11 VECTA RECTANGLE TABLES-24X60 TAG F 2000-09-18 4,557 4,215 S/L 10.0000 342      
    LYON GENERAL PURPOSE STOOL-BLACK TAG F 2000-09-18 107 99 S/L 10.0000 8      
    RECTANGULAR TABLE-VINYL EDGE,30X70X28 TAG F 2000-09-18 343 317 S/L 10.0000 26      
    10 475 GUEST CHAIRS,OPN SMOOTH PLSTC ARM-BLACTAG F 2000-09-18 2,042 1,889 S/L 10.0000 153      
    MAYLINE 5-DRAWER FILE W/INTERLOCKING BASE TAG F 2000-09-18 1,141 1,055 S/L 10.0000 86      
    8 475 GUEST CHAIRS-NO ARMS-BLACK TAG F 2000-09-18 976 903 S/L 10.0000 73      
    4 458 WORK CHAIRS-SOFT ARM-BLACK TAG F 2000-09-18 1,691 1,564 S/L 10.0000 127      
    2 458 WORK CHAIRS-NO ARM-BLACK/AVOCADO TAG F 2000-09-18 827 765 S/L 10.0000 62      
    2 LYON GENERAL PURPOSE STOOLS-BLACK TAG F 2000-09-18 214 198 S/L 10.0000 16      
    5 LYON GENERAL PURPOSE STOOLS-BLACK TAG F 2000-09-18 535 495 S/L 10.0000 40      
    LYON GENERAL PURPLSE STOOLS-BLACK TAG F 2000-09-18 2,369 2,191 S/L 10.0000 178      
    36 CATENA CHAIRS-BLACK TAG F 2000-12-11 10,622 9,649 S/L 10.0000 973      
    STEELCASE DESK-SINGLE PED TAG F 2000-12-04 635 576 S/L 10.0000 59      
    458 WORK CHAIR, SOFT ARMS-COFFEE TAG F 2000-12-04 381 346 S/L 10.0000 35      
    STELLA W/QC SLIDER TAG F 2000-12-04 211 192 S/L 10.0000 19      
    7 DRY STORAGE SHELVING UNITS 2000-12-15 1,349 1,226 S/L 10.0000 123      
    5 STORAGE SHELVING UNITS, METRO SEAL FOR DOCK 2000-12-15 1,540 1,399 S/L 10.0000 141      
    5 COOLER SHELVING UNITS, METRO SEAL 2000-12-15 1,232 1,119 S/L 10.0000 113      
    2 METRO UTILITY CARTS 2000-12-15 213 194 S/L 10.0000 19      
    6 FREEZER SHELVING UNITS-METRO EPOXY COATED 2000-12-15 1,157 1,051 S/L 10.0000 106      
    DROP-IN HAND SINK 2000-12-15 107 97 S/L 10.0000 10      
    MANITOWAC ICE CUBER & BIN 2000-12-15 3,603 3,272 S/L 10.0000 331      
    T&S PRE-RINSE UNIT 2000-12-15 400 364 S/L 10.0000 36      
    HATCO BOOSTER HEATER 2000-12-15 934 848 S/L 10.0000 86      
    2 METRO DISH RACK DOLLY 2000-12-15 160 145 S/L 10.0000 15      
    BERKEL MIXER & STAND W/SLICER & MEAT GRINDER 2000-12-15 4,702 4,271 S/L 10.0000 431      
    DUO AIR MAKE UP AIR UNIT & EXHAUST HOOD 2000-12-15 18,879 17,149 S/L 10.0000 1,730      
    TRUE GDM GLASS REFRIGERATOR 2000-12-15 2,103 1,910 S/L 10.0000 193      
    SERVEND ICE DISPENSES W/WATER 2000-12-15 1,366 1,241 S/L 10.0000 125      
    2 METRO POKER CHIP DOLLY 2000-12-15 1,161 1,055 S/L 10.0000 106      
    PANASONIC MICROWAVE 2000-12-15 858 780 S/L 10.0000 78      
    KOLPAK WALK-IN COOLER/FREEZER W/REFRIGERATION 2000-12-15 13,436 12,204 S/L 10.0000 1,232      
    BERKEL AUTO SLICER 2000-12-15 2,150 1,953 S/L 10.0000 197      
    DISHWASHER EXHAUST HOOD & FAN 2000-12-15 1,676 1,522 S/L 10.0000 154      
    HOBART DOOR-TYPE DISH MACHINE 2000-12-15 6,412 5,824 S/L 10.0000 588      
    FLOOR GRATE 2000-12-15 229 208 S/L 10.0000 21      
    VULCAN STEAMER W/6 GALLON KETTLE 2000-12-15 13,773 12,510 S/L 10.0000 1,263      
    VULCAN DOUBLE DECK OVEN 2000-12-15 7,592 6,896 S/L 10.0000 696      
    VULCAN CHAR BOILER 2000-12-15 2,765 2,512 S/L 10.0000 253      
    VULCAN RANGE, 6 BURNER W/36" GRILL 2000-12-15 4,484 4,073 S/L 10.0000 411      
    METRO HEATED CABINET 2000-12-15 1,808 1,642 S/L 10.0000 166      
    STAINLESS STEEL SOILED DISH TABLE 2000-12-15 2,429 2,207 S/L 10.0000 222      
    STAINLESS STEEL CLEAN DISH TABLE 2000-12-15 2,682 2,437 S/L 10.0000 245      
    FIRE SUPPRESSION 2000-12-15 2,529 2,297 S/L 10.0000 232      
    A/V PRESENTATION SYSTEM 2000-12-22 54,105 48,695 S/L 10.0000 5,410      
    BAUSCH & LOMB STEREO MICROSCOPE W/BOOM STAND 798 2000-04-01 665 648 S/L 10.0000 17      
    COLE PALMER MASTER FLEX SAMPLING DRIVE 873 2000-05-31 895 858 S/L 10.0000 37      
    CURRENT METER, MODEL 6200 881 2000-06-20 749 712 S/L 10.0000 37      
    6' TOP SETTING WADING ROD 881 2000-06-20 418 397 S/L 10.0000 21      
    WATER METER LEVELOGGER L 15' 881 2000-06-20 949 902 S/L 10.0000 47      
    WEATHER MONITOR II, SOLAR PANEL 881 2000-06-20 959 911 S/L 10.0000 48      
    WEATHERLINK SOFTWARE PROGRAM 881 2000-06-20 165 165 S/L 5.0000        
    MYERS FISHERMAN 14' BOAT 916 2000-06-20 849 806 S/L 10.0000 43      
    TRIMBLE GEOEXPLORER 3 03300 2000-07-21 4,627 4,357 S/L 10.0000 270      
    ARCVIEW 3.2 PROGRAM-ESRI REDLANDS 2000-06-02 1,076 1,076 S/L 5.0000        
    COMMUNICATIONS PACKAGE-FORESTRY SUPPLIERS 2000-07-03 310 310 S/L 5.0000        
    SNOWBLOWER SB850 2000-12-13 1,100 999 S/L 10.0000 101      
    BATTS PROPERTY 1998-08-07 340,001              
    ROLFE PROPERTY 1999-03-02 39,000              
    HYLA HOUSE IMPROVEMENTS 2000-04-15 104,784 25,541 S/L 40.0000 2,620      
    RESEARCH LAB IMPROVEMENTS 2000-01-15 428,605 107,151 S/L 40.0000 10,715      
    RESIDENT MANAGER IMPROVEMENTS 2000-06-30 191,942 45,586 S/L 40.0000 4,799      
    FLAT SCREEN 2001-07-12 394 394 S/L 6.0000        
    LAP TOP COMPUTER 2001-07-16 693 693 S/L 6.0000        
    MITER SAW-COMPOUND 2001-10-22 599 489 S/L 10.0000 60      
    TABLE SAW 2001-10-22 469 383 S/L 10.0000 47      
    SCREEN TRIPOD ASSEMBLY 2001-10-16 258 211 S/L 10.0000 26      
    PORTABLE PA SYSTEM 2001-12-01 1,903 1,538 S/L 10.0000 191      
    GATE (2) 2001-05-01 2,015 1,746 S/L 10.0000 202      
    TRUCK AND PLOW 2001-05-29 29,102 29,102 S/L 5.0000        
    GOLF CART 2001-11-05 5,545 5,545 S/L 5.0000        
    SHELVING (11) 2001-05-08 2,631 2,280 S/L 10.0000 263      
    BLINDS (4) 2001-01-10 1,689 1,520 S/L 10.0000 169      
    DISPLAY CABINET (2) 2001-07-16 802 675 S/L 10.0000 81      
    TABLE, VECTA 2001-09-25 373 308 S/L 10.0000 37      
    GROUNDWATER SIMULATOR 2001-08-16 455 379 S/L 10.0000 46      
    12 MICROSCOPES 2001-07-30 8,274 6,964 S/L 10.0000 827      
    CUSTOM FRAMES (27) 2001-11-08 2,396 1,956 S/L 10.0000 240      
    STORAGE CABINETS (2) 2001-11-21 400 323 S/L 10.0000 40      
    COPY MACHINE 2001-12-07 3,200 2,587 S/L 10.0000 320      
    BRAUN BENCH W/BACK & ARMS 2001-01-31 749 668 S/L 10.0000 74      
    LATERAL FILE 2 DRAWER 2001-01-31 323 288 S/L 10.0000 32      
    STEELCASE 458 CHAIR 2001-01-31 444 396 S/L 10.0000 44      
    STEELCASE LOVE SEAT (5) 2001-01-31 7,896 7,040 S/L 10.0000 790      
    STEELCASE LOVE SEAT (5) 2001-01-31 7,816 6,969 S/L 10.0000 782      
    STEELCASE OTTOMAN (4) 2001-01-31 563 502 S/L 10.0000 56      
    STEELCASE OCCASIONAL CORNER TABLE (6) 2001-01-31 1,593 1,421 S/L 10.0000 159      
    STEELCASE CLUB CHAIR (8) 2001-01-31 9,923 8,848 S/L 10.0000 992      
    STEELCASE GUEST CHAIR (20) 2001-01-31 2,317 2,066 S/L 10.0000 231      
    STEELCASE GUEST CHAIR (180) 2001-01-31 26,707 23,814 S/L 10.0000 2,670      
    VECTA RECTANGULAR TABLE 24X60 (40) 2001-01-31 14,821 13,215 S/L 10.0000 1,482      
    VECTA DOLLY-4 CASTERS (6) 2001-01-31 2,451 2,185 S/L 10.0000 245      
    STEELCASE TRANSPORT DOLLY (2) 2001-01-31 174 155 S/L 10.0000 17      
    LYONMETA STOOL W/OUT BACK 2001-01-31 102 91 S/L 10.0000 11      
    BRAUN BENCH W/ NO BACK (3) 2001-01-31 1,257 1,121 S/L 10.0000 125      
    STELLA W/ QC SLIDER 2001-01-31 223 198 S/L 10.0000 23      
    STEELCASE DESK 2001-01-31 669 596 S/L 10.0000 67      
    STEELCASE LATERAL FILE (2) 2001-01-31 1,109 989 S/L 10.0000 110      
    STEELCASE 458 WORK CHAIR 2001-01-31 402 358 S/L 10.0000 40      
    STEELCASE DESK 2001-01-31 757 675 S/L 10.0000 76      
    STEELCASE ROUND TABLE 2001-01-31 240 214 S/L 10.0000 24      
    STEELCASE OPEN BOOKCASE-4 SHELF (2) 2001-01-31 482 429 S/L 10.0000 49      
    STEELCASE RECTANGULAR TABLE (6) 2001-01-31 1,886 1,682 S/L 10.0000 188      
    STEELCASE SQUARE TABLE (11) 2001-01-31 2,480 2,212 S/L 10.0000 248      
    STEELCASE 475 GUEST CHAIR (80) 2001-01-31 9,267 8,263 S/L 10.0000 927      
    STEELCASE SERVICE MODULE 2001-01-31 295 263 S/L 10.0000 30      
    STEELCASE LATERAL FILE 2001-01-31 554 494 S/L 10.0000 56      
    STEELCASE DESK 2001-01-31 715 638 S/L 10.0000 71      
    CATENA TABLES LANDSCAPE FORMS (9) 2001-01-31 5,694 5,077 S/L 10.0000 570      
    PETER PEPPER TRASH RECEPTACLES (2) 2001-01-31 847 755 S/L 10.0000 85      
    STEELCASE 462 ADJ CHAIR 2001-01-31 664 592 S/L 10.0000 66      
    STEELCASE 475 GUEST CHAIR (4) 2001-01-31 599 534 S/L 10.0000 60      
    DRIVEWAY-CLOVERDALE RD TO BREWSTER LK 2001-11-12 4,973 2,030 S/L 20.0000 249      
    DESKS, DRESSERS 2001-04-24 2,152 1,865 S/L 10.0000 215      
    DESKS, DRESSERS, ETC 2001-04-24 1,620 1,404 S/L 10.0000 162      
    4 BEDS COMPLETE 2001-04-24 1,620 1,404 S/L 10.0000 162      
    4 BEDS COMPLETE 2001-04-24 1,620 1,404 S/L 10.0000 162      
    SHELVING 2001-05-08 1,020 884 S/L 10.0000 102      
    PORTABLE POSTS 2001-09-10 568 473 S/L 10.0000 57      
    ALLTRONICS-INSTALLATION 2001-09-10 1,080 900 S/L 10.0000 108      
    REMINGTON CHEST 2001-12-31 594 475 S/L 10.0000 60      
    HOTPOINT REFRIGERATOR 2001-12-31 490 392 S/L 10.0000 49      
    FLOOR SIGNS 2001-12-31 702 562 S/L 10.0000 70      
    LECTURN 2001-12-31 580 464 S/L 10.0000 58      
    HP LASERJET 1100SE 2001-12-31 400 400 S/L 6.0000        
    MAIL/DROP BOXES 2001-12-31 1,105 884 S/L 10.0000 111      
    HP LASERJET 1100SE 2001-12-31 400 400 S/L 6.0000        
    COMPUTER-AUDITORIUM 2001-12-31 965 965 S/L 6.0000        
    VIKING-DISPLAYS 2001-12-31 750 600 S/L 10.0000 75      
    KINDERGARTEN CART 2001-12-31 415 332 S/L 10.0000 42      
    WELL MATERIALS FOR GVSU RESEARCHER 2001-08-06 971 817 S/L 10.0000 97      
    GIBSON FREEZER 2001-11-30 250 202 S/L 10.0000 25      
    PHONE SYSTEM-TONE COMMANDER 524 2001-11-12 1,991 1,626 S/L 10.0000 199      
    COLOR PRINTER 2001-12-31 673 673 S/L 6.0000        
    MOWER 2001-07-12 329 280 S/L 10.0000 33      
    VISITOR'S CENTER 2001-01-31 5,223,350 1,164,372 S/L 40.0000 130,584      
    FIRE PROTECTION 2001-07-12 3,395 722 S/L 40.0000 84      
    3 ACCESS DOORS & 3 HVAC FILTER RACKS 2001-09-05 1,251 261 S/L 40.0000 31      
    DECK MATERIALS 2001-09-10 224 47 S/L 40.0000 5      
    TECHNICAL ENERGY 2001-09-17 530 109 S/L 40.0000 14      
    TC30V4 TRACTOR W/LOADER & ROTARY CUTTER 2002-08-02 15,454 11,462 S/L 10.0000 1,545      
    CREDIT CARD MACHINE 2002-08-30 750 750 S/L 6.0000        
    OFFICE CUBICLE W/ 4 DRAWER LATERAL FILE EXCEL 2002-04-11 1,433 1,110 S/L 10.0000 144      
    3 ROOM DARKENING SHADES & 2 LG SHADES FOR CLA 2002-06-07 1,690 1,282 S/L 10.0000 169      
    PREMIER 4 LAMINATOR-110V 2002-02-15 1,944 1,539 S/L 10.0000 194      
    MEADOW LODGE 2002-01-01 242,839 48,568 S/L 40.0000 6,071      
    24 BUNK BEDS 2002-01-21 9,694 7,674 S/L 10.0000 970      
    BATTS COTTAGE IMPROVEMENTS 2002-01-01 11,300 2,260 S/L 40.0000 282      
    PORTABLE SLIDE PROJECTOR 2002-09-20 789 572 S/L 10.0000 79      
    USED BRISTOL MICROSCOPE 2002-11-06 1,014 727 S/L 10.0000 101      
    VIDEO FLEX CAMERA 2002-11-07 1,006 721 S/L 10.0000 101      
    RECYCLING BINS 2002-11-13 2,070 1,484 S/L 10.0000 207      
    MODEL DDHY HERBARIUM CABINETS 2002-10-09 1,830 1,327 S/L 10.0000 183      
    OFFICE FURNITURE 2002-12-13 1,232 873 S/L 10.0000 123      
    TERRAFLOW MODEL 2002-12-27 790 553 S/L 10.0000 79      
    SURGE SUPPRESSION UNIT 2002-12-19 1,783 312 S/L 40.0000 45      
    SURGE SUPPRESSION UNIT 2002-12-19 1,783 312 S/L 40.0000 45      
    SURGE SUPPRESSION UNIT 2002-12-19 1,783 312 S/L 40.0000 45      
    12 WRITER'S DESKS 2002-01-01 3,324 2,659 S/L 10.0000 333      
    12 REMINGTON DESKS 2002-01-01 3,803 3,043 S/L 10.0000 380      
    22 CHAIRS 2002-01-01 1,145 916 S/L 10.0000 114      
    12 SMALL MIRRORS WITH LIGHTS 2002-01-01 1,188 950 S/L 10.0000 119      
    SURGE SUPRESSION UNIT 2003-02-25 528 90 S/L 40.0000 13      
    BURPEE LAND 2003-07-22 103,421              
    HOURS OF OPERATION SIGN 2003-08-20 512 324 S/L 10.0000 51      
    DELL DESK TOP COMPUTER 2003-09-08 826 826 S/L 6.0000        
    DELL LAP TOP COMPUTER-MS OFFICE 2003-10-03 1,353 1,353 S/L 6.0000        
    BIRD OF PREY ENCLOSURE 2003-12-30 1,463 685 150DB 15.0000 87      
    GORHAM LAND 1998-10-29 112,000              
    1 DESK MOVED FROM CLINTON ST 2000-01-01 31 31 S/L 10.0000        
    SEWER SYSTEM AT BATTS COTTAGE 2004-04-09 3,000 863 S/L 20.0000 150      
    DESK TOP COMPUTER-JEN HOWELL 2004-04-30 606 343 S/L 10.0000 61      
    ALTERNATIVE SOLAR DEMONSTRATION PRODUCT 2004-05-11 8,691 4,925 S/L 10.0000 869      
    RE-SURFACE MAIN DRIVEWAY 2004-06-25 5,578 1,534 S/L 20.0000 279      
    DRIVEWAY ENTRANCE WORK 2004-08-02 5,800 1,571 S/L 20.0000 290      
    NEW GARAGE DOOR 2004-11-18 1,575 200 S/L 40.0000 40      
    MAINTENANCE AREA IN BARN 2004-06-01 1,503 420 S/L 20.0000 75      
    LOCK SYSTEM AT HYLA 2005-01-27 555 68 S/L 40.0000 14      
    WATER SOFTNER 2005-01-26 817 402 S/L 10.0000 82      
    WATER SOFTNER 2005-01-26 817 402 S/L 10.0000 82      
    WATER SOFTNER 2005-01-26 817 402 S/L 10.0000 82      
    WATER SOFTNER 2005-01-26 817 402 S/L 10.0000 82      
    BIOLOGICAL FIELD STATION RESEARCH EQUIPMENT 2005-03-24 3,398 1,614 S/L 10.0000 340      
    MOBILE MAPPER & POST PROCESSING PACKAGE 2005-04-12 8,325 3,954 S/L 10.0000 833      
    23 HP COMMERCIAL KOHLER MOWER 2005-04-04 6,370 3,026 S/L 10.0000 637      
    CANOE 2005-04-14 600 285 S/L 10.0000 60      
    DELL COMPUTER-MARKETING ASSISTANT 2005-05-05 1,008 470 S/L 10.0000 101      
    POWERLIGHT PROJECTOR 2005-06-16 809 364 S/L 10.0000 81      
    SECURITY SYSTEM-RESEARCH LAB 2005-08-01 1,226 541 S/L 10.0000 123      
    DELL COMPUTER FOR BFS PROGRAM 2005-10-12 1,215 516 S/L 10.0000 122      
    WET LAB CEILING 2005-10-31 2,015 210 S/L 40.0000 50      
    ISCOPE SOFTWARE 2004-11-11 1,875 1,875 S/L 3.0000        
    PEACHTREE PREMIUM ACCTG 2006 2006-01-17 745 745 S/L 3.0000        
    COFFEE MAKER - COMMERCIAL GRADE 2006-04-11 1,500 563 S/L 10.0000 150      
    FLAT BOTTOM BOAT 2006-08-15 600 205 S/L 10.0000 60      
    DELL DESKTOP COMPUTER FOR BFS PROGRAM 1 OF 3 2006-11-16 1,006 310 S/L 10.0000 101      
    DELL DESKTOP COMPUTER FOR BFS PROGRAM 2 OF 3 2006-11-16 1,006 310 S/L 10.0000 101      
    DELL DESKTOP COMPUTER FOR BFS PROGRAM 3 OF 3 2006-11-16 1,006 310 S/L 10.0000 101      
    IOMEGA NAS STORAGE SERVER 500D 2007-02-22 2,740 776 S/L 10.0000 92      
    LAP TOP FOR BFS PROGRAM 1 OF 6 2007-04-19 968 258 S/L 10.0000 97      
    LAP TOP FOR BFS PROGRAM 2 OF 6 2007-04-19 968 258 S/L 10.0000 97      
    LAP TOP FOR BFS PROGRAM 3 OF 6 2007-04-19 968 258 S/L 10.0000 97      
    LAP TOP FOR BFS PROGRAM 4 OF 6 2007-04-19 968 258 S/L 10.0000 97      
    LAP TOP FOR BFS PROGRAM 5 OF 6 2007-04-19 968 258 S/L 10.0000 97      
    LAP TOP FOR BFS PROGRAM 6 OF 6 2007-04-19 968 258 S/L 10.0000 97      
    FURNACE 2007-04-18 1,700 453 S/L 10.0000 170      
    PAVING 2007-04-30 12,934 1,725 S/L 20.0000 646      
    DELL COMPUTER FOR EDUCATION DIRECTOR 2007-05-06 726 194 S/L 10.0000 72      
    BIZ HUB 352 COPIER/PRINTER 2007-06-27 11,675 2,927 S/L 10.0000 1,167      
    WELL 2007-10-10 3,302 371 S/L 20.0000 166      
    PEACHTREE PREMIUM ACCOUNTING 2008 2007-10-04 1,030 772 S/L 3.0000 258      
    WATER HEATER 2007-12-23 702 141 S/L 10.0000 70      
    VARIOUS             8,960 47,039  
    EQUIPMENT 2008-05-01 595 99 S/L 10.0000 60      
    EQUIPMENT 2008-11-30 1,153 125 S/L 10.0000 115      
    EQUIPMENT 2008-11-30 904 98 S/L 10.0000 90      
    BLDGS 2008-06-06 1,928 76 S/L 40.0000 49      
    BLDGS 2008-12-04 42,368 1,147 S/L 40.0000 1,060      
    EQUIPMENT 2008-02-08 1,499 287 S/L 10.0000 150      
    EQUIPMENT 2008-08-07 1,050 298 S/L 5.0000 210      
    EQUIPMENT 2008-12-01 500 108 S/L 5.0000 100      
    F&F 2008-05-29 579 92 S/L 10.0000 58      
    F&F 2008-09-03 694 93 S/L 10.0000 69      
    F&F 2008-10-15 1,723 215 S/L 10.0000 173      
    F&F 2008-12-01 587 64 S/L 10.0000 58      
    TRAIL CAMERAS 2009-05-20 2,321 135 S/L 10.0000 232      
    MODEL 5424 MICROCENTRIFUGE 2009-12-18 1,889   S/L 10.0000 189      
    SECURITY DOOR 2009-03-31 6,451 121 S/L 40.0000 161      
    MEADOW LODGE KITCHEN 2009-03-31 3,913 73 S/L 40.0000 98      
    FRONT STEP AT HYLA HOUSE 2009-05-15 900 15 S/L 40.0000 23      
    SIDEWALK RESIDENT MANAGER HOUSE 2009-05-21 555 8 S/L 40.0000 14      
    FRONT ENTRANCE 2009-05-21 1,770 26 S/L 40.0000 44      
    DECK FOR HYLA HOUSE 2009-09-01 3,920 33 S/L 40.0000 98      
    DECK EXTENSION - RESIDENT MANAGER HOUSE 2009-09-01 1,188 10 S/L 40.0000 30      
    CCS LAPTOP - EXECUTIVE DIRECTOR 2009-01-27 1,110 204 S/L 5.0000 222      
    CCS BUILT DESKTOP COMPUTER FOR MARKETING DIR 2009-01-27 895 164 S/L 5.0000 179      
    CCS BUILT DESKTOP COMPUTER FOR L. STEWARD 2009-01-27 895 164 S/L 5.0000 179      
    SECURITY CAMERA SYSTEM FOR EDUCATION BUILDING 2009-01-28 780 72 S/L 10.0000 78      
    CCS DESKTOP COMPUTER FOR INTERPRETIVE NAT 2009-02-12 858 79 S/L 10.0000 85      
    CCS DESKTOP COMPUTER FOR FACILITY MANAGER 2009-02-12 835 77 S/L 10.0000 83      
    GENERATOR 14KW HYLA HOUSE 2009-05-21 4,022 235 S/L 10.0000 402      
    GENERATOR 14 KW MEADOW LODGE 2009-05-21 4,022 235 S/L 10.0000 402      
    PEACHTREE 2010 2009-05-31 980 191 S/L 3.0000 326      
    URGE DVD 2009-06-12 16,500 3,208 S/L 3.0000 5,500      
    TANKLESS WATER HEATER 2009-06-08 967 56 S/L 10.0000 97      
    SECURITY CAMERA SYSTEM FOR VISITOR CENTER 2009-07-08 3,005 150 S/L 10.0000 301      
    GE DISHWASHER BLACK 2009-02-05 759 70 S/L 10.0000 76      
    FRIGIDAIRE REFRIGERATOR 2009-03-31 506 38 S/L 10.0000 51      
    GE DISHWASHER 2009-03-31 536 40 S/L 10.0000 54      
    FRIGIDAIR ELECTRIC RANGE 2009-03-31 416 31 S/L 10.0000 42      
    BUNK BED 2009-04-30 537 36 S/L 10.0000 54      
    BUNK BED 2009-04-30 676 45 S/L 10.0000 68      
    OUTDOOR DIRECTIONAL SIGNAGE 2009-10-31 2,099 35 S/L 10.0000 210      
    NEW WELL 2009-05-09 5,470 365 S/L 10.0000 547      
    BOARDWALK THROUGH WETLANDS 2009-09-30 14,869 186 S/L 20.0000 743      
    510 PH METER BENCH TOP 2010-12-06 515   S/L 10.0000 4      
    A&D FX 300I BALANCE 2010-12-06 727   S/L 10.0000 6      
    NEW HEAT PUMP PIPING 2010-05-01 3,985   S/L 40.0000 66      
    SIDING & ROOF ON BLOCK WALL AT VISITOR CENTER 2010-06-29 4,650   S/L 40.0000 58      
    STONE RETAINING WALL 2010-06-23 3,256   S/L 40.0000 41      
    2009 KAWASAKI MULE 4010 4X4 2010-02-23 8,719   S/L 10.0000 727      
    CCS CUSTOM COMPUTER- MARKETING COORDINATOR 2010-02-23 988   S/L 5.0000 165      
    CCS CUSTOM SERVER W/500GB HARD DRIVE 2010-05-01 3,223   S/L 5.0000 430      
    GIFTWORKS DONOR SOFTWARE 2010-08-24 1,073   S/L 3.0000 119      
    LIBERATOR DRY EXTRACTORVAC W/CADDY 2010-10-21 4,846   S/L 10.0000 81      
    LITTLE GRAND CANYON TRAIL IMPROVEMENTS 2010-06-21 1,684   S/L 20.0000 42      
    RE-SURFACE PARKING LOTS 2010-09-13 9,160   S/L 20.0000 153      

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    TY 2010 GainLossSaleOtherAssetsSch
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    IOMEGA NAS STORAGE SERVER 500D 2007-02 PURCHASE 2010-05     2,740     -1,872 868

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Name of Bond End of Year Book Value End of Year Fair Market Value
    SMITH BARNEY (SEE ATTACHED) 3,578,464 3,578,464

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Name of Stock End of Year Book Value End of Year Fair Market Value
    SMITH BARNEY(SEE ATTACHED) 11,143,680 11,143,680

    TY 2010 InvestmentsOtherSchedule2
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MONEY MARKET FUNDS-SMITH BARNEY FMV 4,649,067 4,649,067

    TY 2010 LandEtcSchedule2
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDINGS AND IMPROVEMENTS 6,481,459 1,612,712 4,868,747 6,481,459
    FURNITURE AND FIXTURES 417,204 392,342 24,862 417,204
    LAND IMPROVEMENTS 68,530 12,829 55,701 68,530
    EQUIPMENT & TOOLS 147,105 94,328 52,777 147,105
    BFS- EQUIPMENT 31,878 12,960 18,918 31,878
    VEHICLES 34,647 34,647   34,647
    CONSTRUCTION IN PROGRESS 5,791   5,791 5,791
    LAND 594,422   594,422 594,422


    TY 2010 LegalFeesSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    VARNUM, RIDDERING, SCHMIDT & HOW 1,848      
    DYKEMA, GOSSETT PLLC 1,925      


    TY 2010 OtherAssetsSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    BOND ISSUANCE FEES 105,973 98,785 98,785
    OTHER ASSETS   112,070 112,070
    COLLECTIBLES 112,070    
    ACCRUED INTEREST RECEIVABLE 38,198 46,594 46,594


    TY 2010 OtherExpensesSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOOD SERVICE SALES-BRUNCH        
    COST OF GOODS SOLD 10,740   10,740  
    EXPENSES        
    PROGRAM EXPENSES 50,194     50,194
    INSURANCE 37,435 1,497 3,145 32,793
    REPAIRS & MAINTENANCE 58,749 2,350 4,935 51,464
    SUPPLIES 44,311 200 10,878 33,233
    ADVERTISING AND SPONSORSHIPS 16,175   4,044 13,222
    POSTAGE AND MAILINGS 3,343 134 702 2,507
    DUES AND SUBSCRIPTIONS 1,984   266 1,718
    MISCELLANEOUS 1,112   277 835
    BANK SERVICE FEES 2,314 93   2,222
    BOND SERVICE FEES 35,927 1,437   34,490
    SMITH BARNEY INVESTMENT FEES 78,159 78,159    
    RWB INVESTMENT FEES 13,631 13,631    
    SCHOLARSHIPS AND RESEARCH 105,421   26,355 79,066
    AMORTIZATION OF BOND ISSUANCE 7,188 288   6,900


    TY 2010 OtherIncomeSchedule2
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    EDUCATION & COMMUNITY PROGRAM 16,164   16,164
    BFS PROGRAM 34,795   34,795
    MEMBERSHIPS 19,545   19,545
    FOOD SERVICE SALES-BRUNCH 35,417   35,417
    MISCELLANEOUS INCOME 2,142   2,142
    FACILITY RENTAL 8,958   8,958


    TY 2010 OtherIncreasesSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Description Amount
    UNREALIZED GAIN ON SECURITIES HELD FOR INVESTMENT 1,243,813


    TY 2010 OtherLiabilitiesSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Description Beginning of Year - Book Value End of Year - Book Value
    BONDS PAYABLE 4,685,000 4,490,000


    TY 2010 SalesOfInventoryList 
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095

    Category Gross Sales Cost of Goods Sold Net (Gross Sales Minus
    Cost of Goods Sold)
    GIFT SHOP SALES 11,714 7,654 4,060

    TY 2010 TaxesSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 18,102 18,102    
    EXCISE TAX 13,618 13,618