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
THE JAMES WPICKLE CHARITABLE FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)905 HARPETH VALLEY PLACE 7057 Room/suite

City or town, state, and ZIP code
NASHVILLE, TN37221

A Employer identification number

20-0485515

B Telephone number (see page 10 of the instructions)

(615) 662-2727

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

$5,807,488J Accounting method: Cash Accrual
Other (specify)MODIFIED CASH
(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
4	Dividends and interest from securities......	150,966		150,966
5a	Gross rents..............	62,027		62,027
b	Net rental income or (loss) 43,429
6a	Net gain or (loss) from sale of assets not on line 10		-158,911
b	Gross sales price for all assets on line 6a 2,900,296
7	Capital gain net income (from Part IV, line 2)...			0
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).......		28,342	28,342
12	Total. Add lines 1 through 11........	82,424		241,335
13	Compensation of officers, directors, trustees, etc.	160,000		96,000	64,000
14	Other employee salaries and wages......	114,049		114,049
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		5,000		5,000
b	Accounting fees (attach schedule).......		7,708	6,166	1,542
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see page 14 of the instructions)		37,398	37,398
19	Depreciation (attach schedule) and depletion...		51,348	51,348
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		131,591	131,591
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	507,094		436,552	70,542
25	Contributions, gifts, grants paid........	261,429			261,429
26	Total expenses and disbursements. Add lines 24 and 25	768,523		436,552	331,971
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-686,099
b	Net investment income (if negative, enter -0-)			0
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...............	32,331	22,124	22,124
	2	Savings and temporary cash investments..........	260,631	40,923	40,923
	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)........	4,495,159	4,078,175	4,365,944
	c	Investments—corporate bonds (attach schedule)........	240,773	361,452	350,503
	11	Investments—land, buildings, and equipment: basis 1,364,511
		Less: accumulated depreciation (attach schedule) 341,848	1,183,180	1,022,663	1,022,663
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	5,331	5,331	5,331
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	6,217,405	5,530,668	5,807,488
	17	Accounts payable and accrued expenses..........	3,013	2,775
	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 )	3,150	2,750
	23	Total liabilities (add lines 17 through 22)..........	6,163	5,525
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................	6,211,242	5,525,143
	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)....................	6,211,242	5,525,143
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	6,217,405	5,530,668

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	6,211,242
2	Enter amount from Part I, line 27a......................	2	-686,099
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	5,525,143
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	5,525,143

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	5970 SHS FRANKLIN US GOVT	P	2009-12-09	2010-02-08
b	31508.802 SHS TEMPLETON GLOBAL	P	2010-02-25	2010-02-25
c	9.959 SHS MUTUAL SHARES FUND	P	2009-12-18	2010-02-08
d	IVY ASSET	P	2009-02-25	2010-02-25
e	8260.287 SHS FRANKLIN US GOVT	P	2009-03-15	2010-03-15
	500 SHS POWERSHARES	P	2009-09-08	2010-03-03
	375 SHS GILEAD	P	2007-09-24	2010-04-07
	525 SHS TARGET	P	2009-04-07	2010-04-07
	4550 SHS TEXAS INSTRUMENT	P	2009-04-04	2010-04-04
	6995.572 SHS DFA INVT DIMEN	P	2009-06-08	2010-06-08
	12829.236 SHS DFA US VECTOR	P	2009-06-08	2010-06-08
	17403.624 SHS DFA CORE EQUITY	P	2009-06-08	2010-06-08
	2821.566 SHS DFA INVT. DIM	P	2009-06-08	2010-06-08
	895.439 SHS DFA EMERGING MKTS	P	2009-06-08	2010-06-08
	22066.591 SHS DFA ONE YEAR FIXED INC	P	2009-06-08	2010-06-08
	1140.038 SHS DFA INTL SMALL CO	P	2009-06-08	2010-06-08
	9478.639 SHS DFA TWO YR FIXED INC	P	2009-06-08	2010-06-08
	2772.947 SHS DFA INTER SMALL	P	2009-06-08	2010-06-08
	4266.597 SHS DFA INVT DIMEN	P	2009-06-08	2010-06-08
	2932.722 DFA REAL ESTATE	P	2009-06-08	2010-06-08
	13072.854 SHS DFA FIVE YR GLOBAL	P	2009-06-08	2010-06-08
	31349.425 SHS SCHWAB GNMA	P	2009-07-01	2010-07-01
	FRACTION FRONTIER	P	2010-07-01	2010-07-02
	48 SHS FRONTIER	P	2010-07-01	2010-09-13
	24140.628 SHS SCHWAB GNMA	P	2010-06-16	2010-09-13
	4798.482 SHS SCHWAB GNMA	P	2010-06-16	2010-10-26
	25000 SHS SCHWAB GNMA	P	2009-11-01	2010-11-18
	291.600 SHS SCHWAB GNMA	P	2009-12-13	2010-12-13
	4616.805 SHS VANGUARD GNMA	P	2010-09-13	2010-12-15
	13663.245 SHS VANGUARD GNMA	P	2009-12-17	2010-12-17

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	39,949	40,178	-229
b	405,518	405,518	0
c	154	188	-34
d	0	66	-66
e	55,427	55,585	-158
	11,802	11,504	298
	17,035	14,963	2,072
	28,504	22,786	5,718
	11,372	10,623	749
	61,771	94,410	-32,639
	112,256	146,830	-34,574
	155,588	203,505	-47,917
	47,148	50,581	-3,433
	25,287	32,910	-7,623
	228,169	224,848	3,321
	14,866	20,170	-5,304
	96,966	98,940	-1,974
	37,130	56,265	-19,135
	71,466	102,050	-30,584
	52,554	77,360	-24,806
	148,508	141,833	6,675
	325,000	322,899	2,101
	5	6	-1
	361	362	-1
	250,000	248,648	1,352
	50,000	49,424	576
	259,250	257,821	1,429
	2,971	3,022	-51
	49,950	50,890	-940
	149,289	150,614	-1,325

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	0	0	0	-229
b	0	0	0	0
c	0	0	0	-34
d	0	0	0	-66
e	0	0	0	-158
	0	0	0	298
	0	0	0	2,072
	0	0	0	5,718
	0	0	0	749
	0	0	0	-32,639
	0	0	0	-34,574
	0	0	0	-47,917
	0	0	0	-3,433
	0	0	0	-7,623
	0	0	0	3,321
	0	0	0	-5,304
	0	0	0	-1,974
	0	0	0	-19,135
	0	0	0	-30,584
	0	0	0	-24,806
	0	0	0	6,675
	0	0	0	2,101
	0	0	0	-1
	0	0	0	-1
	0	0	0	1,352
	0	0	0	576
	0	0	0	1,429
	0	0	0	-51
	0	0	0	-940
	0	0	0	-1,325

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	-186,503
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . .		3

Part V

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

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

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

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

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

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2009		5,833,017
2008		7,259,385
2007	416,543	8,570,370	0.048603
2006	428,636	8,703,296	0.049250
2005	402,944	8,826,231	0.045653

2	Total of line 1, column (d) ......................	2	0.143506
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	0.047835
4	Enter the net value of noncharitable-use assets for 2010 from Part X, line 5.....	4	5,785,660
5	Multiply line 4 by line 3.......................	5	276,757
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6
7	Add lines 5 and 6.........................	7	276,757
8	Enter qualifying distributions from Part XII, line 4..............	8	331,971
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	0
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2............................	3
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	0
6	Credits/Payments:

a	2010 estimated tax payments and 2009 overpayment credited to 2010	6a	3,500
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	3,500
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
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	3,500
11	Enter the amount of line 10 to be: Credited to 2011 estimated tax1,000	Refunded	11	2,500

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

GOLDSTEINSACKS & ASSOCIATES PC Telephone no. bullet

(615) 662-2727

Located at bullet

905 HARPETH VALLEY PLNASHVILLETN ZIP+4 bullet

372211141

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
LAWRENCE J SACKSGOLDSTEINSACKS & ASSOCIATES	PRESIDENT 20.00	87,708	0	0
C/O 905 HARPETH VALLEY PL NASH,TN37221	PRESIDENT 20.00	87,708	0	0
CHARLENE SANDERS	SECRETARY 10.00	40,000	0	0
C/O 905 HARPETH VALLEY PL NASH,TN37221	SECRETARY 10.00	40,000	0	0
WILLIAM BOONE	TRUSTEE 10.00	40,000	0	0
C/O 905 HARPETH VALLEY PL NASH,TN37221	TRUSTEE 10.00	40,000	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...................				0

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

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

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Form 990-PF (2010)

Page 7

Part IX-B

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

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


2


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

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

Part X

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

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

purposes:

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

4,574,916

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

192,661

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

1,106,190

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

5,873,767

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..........................

5,873,767

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

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

88,107

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

5,785,660

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

289,283

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....................

289,283

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

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

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

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

289,283

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

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

289,283

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.................................

289,283

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 ..........

331,971

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

331,971

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...............

331,971

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	(c) 2009	(d) 2010
1 Distributable amount for 2010 from Part XI, line 7				289,283
2 Undistributed income, if any, as of the end of 2010:
a Enter amount for 2009 only.......			287,841
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.......	3,810
fTotal of lines 3a through e.........		3,810
4Qualifying distributions for 2010 from Part
XII, line 4: $ 331,971
a Applied to 2009, but not more than line 2a			287,841
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		44,130
5 Excess distributions carryover applied to 2010.		44,130		44,130
(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		3,810
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 ..........				245,153
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 ......		3,810
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....	3,810

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).)

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:

LAWRENCE J SACKS
905 HARPETH VALLEY PL
NASHVILLE,TN37221
(615) 662-2727

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

APPLICATION FORM TO ADDRESS ABOVE OR E-MAIL TO DEBRA@SACKSCPAS.COM

cAny submission deadlines:

NONE

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

LIMITED TO REQUESTS FOR MEDICAL CARE, SERVICES & EQUIPMENT WHICH WILL HAVE A LIFE ALTERING IMPACT.

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
ALIVE HOSPICE 1718 PATTERSON ST NASHVILLE,TN37203		501(c)	PATIENT CARE FOR THEGENERAL FUNDS FORUNINSURED & UNDERINSURED.	25,000
SHRINERS HOSPITAL 3229 BURNET AVE CINCINNATI,OH45229		501(c)	BRACES & PROSTHETICS.RESTRICTED FUNDS FOR	50,000
UNIVERSITY OF FLORIDA FOUNDATION INC 101 S NEWELL DR GAINESVILLE,FL32611		501 (C)(3)	FUND #011973 FORUF COCHLEAR IMPLANTHEARING SERVICES AND DEVICES.	40,000
OUR KIDS 1804 HAYES ST NASHVILLE,TN37203		501 (C)(3)	MEDICAL EQUIPMENTTO PURCHASEFOR CLINIC IN COFFEE CNTY	27,609
ST JUDES 332 N LAUDERDALE STOP 512 MEMPHIS,TN38105		501(C)(3)	NITROGEN FREEZER.PURCHASE ONE	25,000
GILDA'S CLUB 1707 DIVISION ST NASHVILLE,TN37203		501(C)(3)	OF SUPPORT GROUPS.DEVELOPING & IMPLEMENTATION	15,000
ADVANCED BIONICS 1801 W OLYMPIC BLVD PASADENA,CA91199		N/A	FOR AN INDIGENT PATIENTPURCHASE ONE COCHLEAR IMPLANT DEVICETHROUGH ST THOMAS HOSPITAL.	17,000
SUSAN G KOMEN 4009 HILLSBORO PK STE 209 NASHVILLE,TN37215		501(C)(3)	MATERIALS FOR WORSHIPBREAST CANCER EDUCATIONALIN PINK PROGRAM.	1,500
PHONAK LLC WEAVER PARKWAY WARRENVILLE,IL60555		N/A	DEVICE FOR PAMELA LEWISPURCHASE OF HEARINGTHROUGH ST THOMAS MED GROUP.	1,470
SERTOMA CLUB OF NASHVILLE PO BOX 1253 HENDERSONVILLE,TN37077		501(c) (3)	AND SUPPLIES FOR LOW INCOMEFUND FOR HEARING AIDSPATIENTS WITH HEARING LOSS.	20,000
VANDERBILT UNIV MEDICAL CENTER 1215 21ST AVE SOUTH NASHVILLE,TN37232		501(C)(3)	COCHLEAR AMERICA FORPURCHASE ABI SYSTEM FROMAN INDIGENT PATIENT.	38,850
Total ................................. 3a				261,429

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
4 Dividends and interest from securities....			14	150,966
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....			16	43,429
6Net rental income or (loss) from personal property
7 Other investment income.....
8Gain or (loss) from sales of assets other than inventory			18	-158,911
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)..				35,484

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

1335,484

(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.)

Form 990-PF (2010)

Page 12

Part XVII

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

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

Yes

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

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If “Yes,” complete the following schedule.

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

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

	Signature of officer or trustee	Date	Title

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

Form 990-PF (2010)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2010 AccountingFeesSchedule

Name:

THE JAMES WPICKLE CHARITABLE FOUNDATION

EIN: 20-0485515

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
GOLDSTEIN/SACKS & ASSOCIATES BOOKKEEPING & PROPERTY MANAGEMENT	7,708

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2010 DepreciationSchedule

Name:

THE JAMES WPICKLE CHARITABLE FOUNDATION

EIN: 20-0485515

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
HARPETH PKWY W - 701	2004-01-01	134,079	29,050	SL	27.50	4,876
HARPETH PKWY W - 701 - LAND	2004-01-01	15,800		LAND	0.00
HARPETH BEND DR - 621	2004-01-01	123,824	26,829	SL	27.50	4,503
HARPETH BEND DR - 621 - LAND	2004-01-01	14,600		LAND	0.00
HARPETH BEND DR - 659	2004-01-01	125,329	27,155	SL	27.50	4,557
HARPETH BEND DR - 659 - LAND	2004-01-01	14,800		LAND	0.00
HARPETH BEND DR - 642	2004-01-01	123,636	26,788	SL	27.50	4,496
HARPETH BEND DR - 642 - LAND	2004-01-01	14,600		LAND	0.00
HARPETH BEND DR - 634	2004-01-01	120,342	26,074	SL	27.50	4,376
HARPETH BEND DR - 634 - LAND	2004-01-01	14,000		LAND	0.00
LINCOLN CT - 131A	2004-01-01	216,315	46,868	SL	27.50	7,866
LINCOLN CT - 131A - LAND	2004-01-01	25,500		LAND	0.00
MCPHERSON DR - 667	2004-01-01	122,130	26,647	SL	27.50	2,221
MCPHERSON DR - 667 - LAND	2004-01-01	14,400		LAND	0.00
MCPHERSON DR - 669	2004-01-01	127,305	27,583	SL	27.50	4,629
MCPHERSON DR - 669 - LAND	2004-01-01	15,000		LAND	0.00
SPRINGVIEW DR - 428	2004-01-01	57,396	12,436	SL	27.50	2,087
SPRINGVIEW DR - 428 - LAND	2004-01-01	6,700		LAND	0.00
CHAINSAW	2004-01-01	232	182	SL	7.00	33
TOOLS & EQUIPMENT	2004-01-01	3,231	2,539	SL	7.00	462
PAINTING	2004-01-01	739	739	SL	5.00
SIDING	2004-01-01	4,925	1,067	SL	27.50	179
STORM WINDOWS	2004-01-01	1,403	304	SL	27.50	51
REHAB. UNIT	2004-01-01	661	143	SL	27.50	24
REHAB. UNIT	2004-01-01	661	143	SL	27.50	24
REHAB. UNIT	2004-01-01	661	143	SL	27.50	24
REHAB. UNIT	2004-01-01	660	143	SL	27.50	24
REHAB. UNIT	2004-01-01	660	143	SL	27.50	24
REHAB. UNIT	2004-01-01	660	143	SL	27.50	11
REHAB. UNIT	2004-01-01	660	143	SL	27.50	24
PAINTING	2004-01-01	1,069	1,069	SL	5.00
SIDING	2004-01-01	4,077	883	SL	27.50	148
STORM WINDOWS	2004-01-01	1,754	380	SL	27.50	64
CARPET/TILE	2004-01-01	563	563	SL	5.00
PAINTING	2004-01-01	1,316	1,316	SL	5.00
SIDING	2004-01-01	6,005	1,301	SL	27.50	218
STORM WINDOWS	2004-01-01	2,042	442	SL	27.50	74
REHAB. UNIT	2004-01-01	1,848	400	SL	27.50	67
PAINTING	2004-01-01	1,073	1,073	SL	5.00
STORM WINDOWS	2004-01-01	1,498	325	SL	27.50	54
SIDING	2004-01-01	3,838	832	SL	27.50	140
CARPET/TILE	2004-01-01	530	530	SL	5.00
REFRIGERATOR	2004-01-01	227	227	SL	5.00
PAINTING	2004-01-01	1,039	1,039	SL	5.00
CARPET/TILE	2004-01-01	656	656	SL	5.00
ELECTRICAL REHAB	2004-01-01	2,285	495	SL	27.50	83
ROOF	2004-01-01	15,439	3,345	SL	27.50	561
PAINTING	2004-01-01	1,207	1,207	SL	5.00
REHAB. UNIT	2004-01-01	3,079	667	SL	27.50	112
SIDING	2004-01-01	4,291	930	SL	27.50	156
HVAC REHAB	2004-01-01	8,467	3,363	SL	15.00	564
PAINTING	2004-01-01	1,050	1,050	SL	5.00
SIDING	2004-01-01	4,613	999	SL	27.50	77
STORM WINDOWS	2004-01-01	1,687	366	SL	27.50	28
GARAGE DOOR	2004-01-01	394	85	SL	27.50	14
PAINTING	2004-01-01	1,141	1,141	SL	5.00
STORM WINDOWS	2004-01-01	1,782	386	SL	27.50	65
SIDING	2004-01-01	3,922	850	SL	27.50	143
03 LAWNMOWER	2004-01-01	1,404	1,103	SL	7.00	201
PAVING	2004-01-01	3,039	658	SL	27.50	111
FLOORING	2004-01-01	281	56	SL	27.50	10
FLOORING	2004-01-01	949	190	SL	27.50	35
REHAB	2004-01-01	9,031	1,957	SL	27.50	328
REFRIGERATOR	2004-01-01	319	319	SL	5.00
CARPET	2004-01-01	382	382	SL	5.00
SIDING	2004-01-01	281	61	SL	27.50	10
STOVE	2004-01-01	306	306	SL	5.00
STORM WINDOWS	2004-01-01	1,740	377	SL	27.50	63
CARPET	2004-01-01	1,207	1,207	SL	5.00
PAINTING	2004-01-01	2,653	2,653	SL	5.00
FLOORING	2004-01-01	822	164	SL	27.50	30
SEWER	2004-01-01	2,172	471	SL	27.50	79
REHAB	2004-01-01	198	43	SL	27.50	7
ELECTRICAL REHAB	2004-01-01	3,750	812	SL	27.50	136
CARPET	2004-01-01	418	418	SL	5.00
REHAB	2004-01-01	3,958	858	SL	27.50	144
ELECTRICAL REHAB	2004-01-01	2,768	600	SL	27.50	101
PAINTING	2004-01-01	1,440	1,440	SL	5.00
SIDING/WINDOWS	2004-01-01	3,740	810	SL	27.50	136
DISHWASHER	2004-01-01	253	253	SL	5.00
STOVE	2004-01-01	270	270	SL	5.00
FLOORING	2004-01-01	938	188	SL	27.50	34
PAINTING	2004-01-01	3,723	3,723	SL	5.00
ELECTRICAL REHAB	2004-01-01	1,466	318	SL	27.50	53
CARPET	2004-01-01	710	710	SL	5.00
REHAB	2004-01-01	2,951	639	SL	27.50	49
REHAB	2004-01-01	3,633	787	SL	27.50	132
CARPET	2004-01-01	1,090	1,090	SL	5.00
PAVING	2004-05-21	3,800	760	SL	27.50	69
ROOF	2004-09-03	4,200	840	SL	27.50	76
CARPET	2004-10-11	1,470	1,470	SL	5.00
REHAB	2004-10-15	3,340	668	SL	27.50	61
WINDOWS	2004-12-16	2,445	489	SL	27.50	89
DOORS	2004-12-17	965	193	SL	27.50	35
CARPET	2005-01-10	2,170	1,953	SL	5.00	217
STOVE	2005-02-14	648	583	SL	5.00	65
TRAILER	2005-03-01	6,200	3,986	SL	7.00	886
CARPET	2006-02-10	889	622	SL	5.00	178
ROOF	2006-10-06	5,534	704	SL	27.50	201
HVAC	2006-11-17	3,500	817	SL	15.00	233
2008 CHEVY TRUCK	2008-02-25	18,645	9,695	200DB	5.00	3,580
DOORS	2008-11-21	676	20	SL	39.00	17
REHAB/PLUMBING	2009-07-30	3,200	38	SL	39.00	38
REHAB	2009-08-21	9,931	95	SL	39.00	117
REHAB	2009-10-09	8,900	48	SL	39.00	228
REHAB	2010-04-26	9,408		SL	27.50	242
REHAB	2010-01-14	2,130		SL	27.50	32
REHAB	2010-01-22	500		SL	27.50	8
CARPET	2010-02-08	2,716		SL	5.00
REHAB	2010-02-08	2,250		SL	27.50	27
REHAB	2010-08-11	8,807		SL	27.50	120
REHAB - WINDOWS	2010-12-01	6,747		SL	27.50	10
REHAB	2010-12-17	1,795		SL	27.50	3
CARPET	2010-10-22	979		SL	5.00	98

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2010 GainLossSaleOtherAssetsSch

Name:

THE JAMES WPICKLE CHARITABLE FOUNDATION

EIN: 20-0485515

Name	Date Acquired	How Acquired	Date Sold	Purchaser Name	Gross Sales Price	Basis	Basis Method	Sales Expenses	Total (net)	Accumulated Depreciation
RESIDENTIAL REAL ESTATE	2002-07	Donated	2010-06	DAVID HAMILTON	192,000	181,028	FMV	19,908	27,592	36,528
STOCKS AND BONDS		Purchased			2,708,296	2,894,799	Cost		-186,503

- TIN:

TY 2010 InvestmentsCorpBondsSchedule

Name:

THE JAMES WPICKLE CHARITABLE FOUNDATION

EIN: 20-0485515

Name of Bond	End of Year Book Value	End of Year Fair Market Value
BOYD CNTY KY SCH 5.75%	50,212	50,762
CLARK CNTY KY SCH 5.2%	25,412	23,797
CLARK CNTY NEV SA 5.5%	25,025	24,778
DAVIESS CNTY KY SCH 5%	24,868	24,348
FAIRMONT MINN IN 5.15%	35,025	34,479
FRANKLIN TENN 5.1%	99,685	96,764
KNOXVILLE TENN GA 5.5%	25,567	24,676
LICKING HEIGHTS 5.55%	50,025	47,084
NEWTON NJ 5.3%	25,633	23,815

- TIN:

TY 2010 InvestmentsCorpStockSchedule

Name:

THE JAMES WPICKLE CHARITABLE FOUNDATION

EIN: 20-0485515

Name of Stock	End of Year Book Value	End of Year Fair Market Value
575 SHS AFLAC	23,706	32,447
464 SHS AT&T	11,529	13,632
594 SHS ALTRIA GROUP	11,909	14,624
5000 SHS BLACKROCK	69,954	73,100
182 SHS BR AMER TOBACCO	11,814	14,141
6500 SHS CALAMOS	110,436	85,670
162 SHS CDN IMPERIAL	11,000	12,701
266 SHS CONSOLIDATED EDISON	11,667	13,186
284 SHS DOMINION RES	11,480	12,132
316 SHS DUPONT	11,316	15,762
716 SHS DUKE ENERGY	11,688	12,752
290 SHS EXELON CORPORATION	11,449	12,076
550 SHS EXXON MOBIL	20,542	40,216
400 SHS GILEAD SCIENCES	15,961	14,496
326 SHS GLAXOSMITHKLINE	11,467	12,786
256 SHS HEINZ	11,463	12,662
186 SHS KIMBERLY CLARK CORP	11,531	11,725
400 SHS KRAFT FOODS INC	11,513	12,604
346 SHS LILLY ELI & COMPANY	11,723	12,124
326 SHS MERCK & CO	11,481	11,749
1050 SHS MICROSOFT	28,297	29,306
764 SHS PFIZER INC	11,359	13,378
282 SHS PHILIP MORRIS	12,882	16,505
475 SHS PROCTER & GAMBLE	26,045	30,557
298 SHS PROGRESS ENERGY INC	11,796	12,957
448 SHS REYNOLDS AMERICAN INC	11,748	14,614
300 SHS SCANA CORPORATION	10,960	12,180
554 SHS SPECTRA ENERGY CORP	11,568	13,844
396 SHS SUN LIFE FINANCIAL	11,192	11,920
700 SHS TEVA	27,195	36,491
450 SHS TEXAS INSTRUMENTS	13,359	14,625
350 SHS THE SOUTHERN COMPANY	11,802	13,381
238 SHS TOTAL S A ADR	11,387	12,728
414 SHS UNILEVER PLC	11,446	12,784
406 VERIZON COMMUNICATIONS	10,967	14,527
564 SHS VODAFONE GROUP NEW	11,802	14,912
116 SHS WESTPAC BANKING	11,057	13,277
558 SHS XCEL ENERGY	11,696	13,141
15667.578 SHS AMERICAN FD HIGH INCOME	154,337	176,574
8619.915 SHS MAINSTAY HIGH YIELD	40,934	50,771
33178.473 SHS TEMPLETON GLOBAL BOND	385,519	449,900
38283.183 SHS VANGUARD INTERM TERM	334,142	379,769
13223.127 SHS AMERICAN FD CAPITAL	470,222	472,198
1909.039 SHS DODGE & COX INTL	81,050	68,172
8901.343 SHS FIRST EAGLE GLOBAL FUND	357,570	414,001
9094.493 SHS HOTCHKIS & WILEY	228,406	218,086
9971.302 SHS IVY ASSET STRATEGY FUND	257,305	245,394
17145.49 SHS KEELEY SMALL CAP VALUE	361,832	430,523
25242.28 SHS MUTUAL QUEST FD	468,412	443,254
264 SHS HEALTH CARE REIT	11,405	12,577
514 SHS HEALTHCARE REALTY TRUST	11,569	10,881
288 SHS NATL HEALTH INVESTORS	11,445	12,966
320 SHS PLUM CREEK TIMBER CO	11,387	11,984
775 SHS SECTOR SPDR MATERIALS	23,521	29,768
300 SHS SPDR S&P	11,545	16,380
181033.92 SHS WINTON FUTURES FUND	187,387	181,034

- TIN:

TY 2010 InvestmentsLandSchedule2

Name:

THE JAMES WPICKLE CHARITABLE FOUNDATION

EIN: 20-0485515

Category/ Item	Cost/Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
SEE ATTACHED DEPRECIATION REPORT	1,364,511	341,848	1,022,663

- TIN:

TY 2010 LegalFeesSchedule

Name:

THE JAMES WPICKLE CHARITABLE FOUNDATION

EIN: 20-0485515

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
JEFFREY MOBLEY RETAINER AGREEMENT - GENERAL COUNCIL	5,000

- TIN:

TY 2010 OtherAssetsSchedule

Name:

THE JAMES WPICKLE CHARITABLE FOUNDATION

EIN: 20-0485515

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
UTILITY DEPOSIT	100	100	100
PREPAID FEDERAL INCOME TAX	5,231	5,231	5,231
UTILITY DEPOSIT	100	100	100
PREPAID FEDERAL INCOME TAX	5,231	5,231	5,231
UTILITY DEPOSIT	100	100	100
PREPAID FEDERAL INCOME TAX	5,231	5,231	5,231

- TIN:

TY 2010 OtherAssetsSchedule

Name:

THE JAMES WPICKLE CHARITABLE FOUNDATION

EIN: 20-0485515

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
UTILITY DEPOSIT	100	100	100
PREPAID FEDERAL INCOME TAX	5,231	5,231	5,231
UTILITY DEPOSIT	100	100	100
PREPAID FEDERAL INCOME TAX	5,231	5,231	5,231
UTILITY DEPOSIT	100	100	100
PREPAID FEDERAL INCOME TAX	5,231	5,231	5,231

- TIN:

TY 2010 OtherAssetsSchedule

Name:

THE JAMES WPICKLE CHARITABLE FOUNDATION

EIN: 20-0485515

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
UTILITY DEPOSIT	100	100	100
PREPAID FEDERAL INCOME TAX	5,231	5,231	5,231
UTILITY DEPOSIT	100	100	100
PREPAID FEDERAL INCOME TAX	5,231	5,231	5,231
UTILITY DEPOSIT	100	100	100
PREPAID FEDERAL INCOME TAX	5,231	5,231	5,231

- TIN:

TY 2010 OtherExpensesSchedule

Name:

THE JAMES WPICKLE CHARITABLE FOUNDATION

EIN: 20-0485515

Description	Revenue and Expenses per Books	Net Investment Income
AUTOMOBILE EXPENSES	1,233	1,233
BANK CHARGES	80	80
CONTRACT LABOR	711	711
EQUIPMENT RENTAL	849	849
GIFTS & FLOWERS	93	93
INSURANCE - AUTO	1,089	1,089
INSURANCE - DIRECTORS & OFFICERS	1,608	1,608
INSURANCE - EMPLOYEE HEALTH	30,545	30,545
INSURANCE - PROPERTY	3,325	3,325
INSURANCE - UMBRELLA POLICY	1,761	1,761
INSURANCE - WORKMENS COMP	7,463	7,463
INVESTMENT ADVISORY FEES	25,468	25,468
LICENSES & PERMITS	338	338
MEDICAL EXPENSES - EMPLOYEES	340	340
OFFICE SUPPLIES	159	159
PEST CONTROL - CONTRACT	855	855
REPAIRS & MAINTENANCE	28,485	28,485
TELEPHONE	2,769	2,769
TENANT CREDIT REFERENCE FEES	374	374
TRASH & DUMPING	2,580	2,580
UTILITIES - RENTAL	11,113	11,113
WINTON FUTURES K-1 PASSTHRU	10,353	10,353

- TIN:

TY 2010 OtherIncomeSchedule2

Name:

THE JAMES WPICKLE CHARITABLE FOUNDATION

EIN: 20-0485515

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
WINTON FUTURES NET K-1 GAINS	28,342	28,342

- TIN:

TY 2010 OtherLiabilitiesSchedule

Name:

THE JAMES WPICKLE CHARITABLE FOUNDATION

EIN: 20-0485515

Description	Beginning of Year - Book Value	End of Year - Book Value
RENTAL DEPOSITS	3,150	2,750
RENTAL DEPOSITS	3,150	2,750

- TIN:

TY 2010 OtherLiabilitiesSchedule

Name:

THE JAMES WPICKLE CHARITABLE FOUNDATION

EIN: 20-0485515

Description	Beginning of Year - Book Value	End of Year - Book Value
RENTAL DEPOSITS	3,150	2,750
RENTAL DEPOSITS	3,150	2,750

- TIN:

TY 2010 TaxesSchedule

Name:

THE JAMES WPICKLE CHARITABLE FOUNDATION

EIN: 20-0485515

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EMPLOYERS FICA EXPENSE	8,070	8,070
TAXES - PROPERTY	29,328	29,328