Form990-PF
Click to see attachment

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 07-01-2010 , and ending 06-30-2011
G
Check all that apply:
Name of foundation
Musgrave Foundation
 

Number and street (or P.O. box number if mail is not delivered to street address)1615 S Glenstone   Room/suite
City or town, state, and ZIP code
Springfield, MO65804
A Employer identification number

43-1304514
B Telephone number (see page 10 of the instructions)

(417) 841-4600
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$13,933,391J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 12 12 12
4 Dividends and interest from securities...... 172,381 172,381 172,381
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 743,489
b Gross sales price for all assets on line 6a 11,496,965
7 Capital gain net income (from Part IV, line 2)... 743,489
8 Net short-term capital gain......... 171,330
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)....... Click to see attachment 665,563 665,563  
12 Total. Add lines 1 through 11........ 1,581,445 1,581,445 343,723
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 280,574 161,659   118,915
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,750     1,875
c Other professional fees (attach schedule).... Click to see attachment 44,497     44,497
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 2,749      
19 Depreciation (attach schedule) and depletion... Click to see attachment 0    
20 Occupancy.............. 8,400     8,400
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 51,797 50,462    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 391,767 212,121   173,687
25 Contributions, gifts, grants paid........ 623,677 623,677
26 Total expenses and disbursements. Add lines 24 and 25 1,015,444 212,121   797,364
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 566,001
b Net investment income (if negative, enter -0-) 1,369,324
c Adjusted net income (if negative, enter -0-)... 343,723
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 553,842 82,170 82,170
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 117,702    
b Investments—corporate stock (attach schedule)........ 4,448,907 Click to see attachment3,458,945 4,265,967
c Investments—corporate bonds (attach schedule)........ 1,694,724 Click to see attachment800,000 968,580
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 3,670,232 Click to see attachment6,712,584 8,616,674
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,485,407 11,053,699 13,933,391
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 10,485,407 11,053,699
25 Temporarily restricted................    
26 Permanently restricted................    
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).................... 10,485,407 11,053,699
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 10,485,407 11,053,699
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 10,485,407
2 Enter amount from Part I, line 27a...................... 2 566,001
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 2,291
4 Add lines 1, 2, and 3.......................... 4 11,053,699
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 11,053,699
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 IDR Core Equity P 2001-01-01 2010-12-31
b IDR Core Equity P 2001-01-01 2010-12-31
c .169 Pimco Fds Total Return P 2009-01-03 2010-12-09
d 283 Las Vegas Sands Corp P 2010-02-17 2011-04-05
e 534 Dolby Lab Inc Cl A P 2009-01-29 2011-04-05
100000 Wells Fargo P 2008-02-14 2011-03-24
100000 Target P 2007-11-16 2011-03-24
250000 Natl Rural Util P 2008-06-13 2011-03-24
11619 GNMA P 2004-04-19 2011-03-24
56084 GNMA P 2003-07-15 2011-03-24
26997 GNMA P 2004-02-19 2011-03-24
1418 GNMA P 1996-12-03 2011-03-24
532 Union Pacific Corp P 2008-11-13 2011-03-23
1406 Texas Instruments Inc P 2008-07-10 2011-03-23
1161 TE Connectivity LTD P 2010-02-17 2011-03-23
819 Hewlet Packard Co P 2007-11-29 2011-03-23
853 Ecolab Inc P 2008-07-01 2011-03-23
1569 Cisco Sys Inc P 2009-06-18 2011-03-23
1259 AECOM Technology P 2009-12-18 2011-03-23
236 Abercrombie & Fitch P 2009-08-07 2011-03-23
116 GNMA P 2004-04-19 2011-03-15
575 GNMA P 2003-07-15 2011-03-15
286 GNMA P 2004-02-19 2011-03-15
104 GNMA P 1996-12-03 2011-03-15
615 Wal-Mart Stores P 2009-04-27 2011-02-16
1489 Sealed Air Corp P 2009-06-02 2011-02-16
442 Nike Inc P 2008-07-07 2011-02-16
1519 Microsoft Corp P 2008-07-10 2011-02-16
839 Hewlet Packard Co P 2008-10-01 2011-02-16
106 Genzyme Corp P 2009-04-27 2011-02-16
270 Flowserve Corp P 2008-06-17 2011-02-16
2510 Companhia De Bebidas Pr Adr P 2008-06-17 2011-02-16
784 Cognizant Tech Solutions P 2008-06-04 2011-02-16
1518 Cisco Sys Inc P 2007-11-29 2011-02-16
1074 Avon Prods Inc P 2009-12-18 2011-02-16
237 Apple Inc P 2008-07-28 2011-02-16
121 GNMA P 2004-04-19 2011-02-15
573 GNMA P 2003-07-15 2011-02-15
289 GNMA P 2004-02-19 2011-02-15
7 GNMA P 1996-12-03 2011-02-15
110 GNMA P 2004-04-19 2011-01-15
571 GNMA P 2003-07-15 2011-01-15
420 GNMA P 2004-02-19 2011-01-15
7 GNMA P 1996-12-03 2011-01-15
22 Google Inc Class A P 2008-07-01 2010-12-14
119 GNMA P 2004-04-19 2010-12-15
568 GNMA P 2003-07-15 2010-12-15
281 GNMA P 2004-02-19 2010-12-15
7 GNMA P 1996-12-03 2010-12-15
188 Watts Water Technologies CL A P 2008-07-10 2010-12-09
433 Progress Software Corp P 2006-10-10 2010-12-09
1640 Kona Grill Inc P 2009-11-02 2010-12-09
186 John Deere Cap Corp P 2003-06-02 2010-12-09
1368 Hartford Fin Serv Grp Inc P 2009-11-02 2010-12-09
659 Harris Corp Del P 2009-01-29 2010-12-09
478 Amgen Inc P 2008-12-18 2010-12-09
639 Ace LTD P 2008-10-01 2010-12-09
155 United Technologies Corp P 2008-07-10 2010-12-06
555 Phillips Van Heusen Corp P 2009-02-20 2010-12-06
544 Johnson & Johnson P 2003-06-02 2010-12-06
447 Genzyme Corp P 2009-04-27 2010-12-06
70 Flowserve Corp P 2008-06-17 2010-12-06
483 FMC Corporation P 2009-09-23 2010-12-06
819 Abercrombie & Fitch P 2009-08-07 2010-11-26
530 Clorox Co P 2008-12-18 2010-11-19
315 United Technologies Corp P 2004-08-27 2010-11-17
1536 Vale SA SP ADR P 2008-07-28 2010-11-10
1937 Turkcell Iletisim Hizmet ADR P 2008-08-01 2010-11-10
1066 Tokio Marine Holdings P 2008-10-28 2010-11-10
1060 Sanofi Aventis ADR P 2008-08-18 2010-11-10
631 Ross Stores Inc P 2008-10-01 2010-11-10
884 Roche Hldg LTD Sponsored ADR P 2008-09-04 2010-11-10
710 Proctor & Gamble Co P 2003-09-16 2010-11-10
676 Novagold Resources Inc P 2008-09-04 2010-11-10
642 Novartis AG ADR P 2008-07-10 2010-11-10
925 Nestle SA Sponsored ADR P 2008-10-01 2010-11-10
94 Mitsui & Co Ltd P 2009-11-02 2010-11-10
2137 Koninklijke (Royal) Kpn Nv Sp Adr P 2008-08-01 2010-11-10
3989 Keppel Corp LTD Spons ADR P 2008-10-13 2010-11-10
1133 Honda Motor Co LTD ADR P 2008-09-04 2010-11-10
1082 Fujifilm Holdings ADR P 2009-08-07 2010-11-10
675 Fomento Economico Mex Sp P 2008-11-13 2010-11-10
1512 Central European Distribution Corp P 2009-04-27 2010-11-10
551 British Amern Tob PLC ADR P 2009-06-18 2010-11-10
198 British Amern Tob PLC ADR P 2008-07-07 2010-11-10
242 Bristol Myers Squibb Co P 2008-10-01 2010-11-10
1036 BOC Hong Kong Hldgs Ltd Adr P 2009-04-27 2010-11-10
1708 Barclays Plc Adr P 2009-06-18 2010-11-10
1169 AXA ADR P 2008-08-18 2010-11-10
781 Astrazeneca Plc Spsd Adr P 2008-10-01 2010-11-10
188 Anglo American Plc Adr P 2007-07-26 2010-11-10
372 Agrium Inc P 2008-07-10 2010-11-10
157 Agrium Inc P 2007-07-25 2010-11-10
135 GNMA P 2004-04-19 2010-11-15
8125 GNMA P 2003-07-15 2010-11-15
930 GNMA P 2004-02-19 2010-11-15
26 GNMA P 1996-03-04 2010-11-15
7 GNMA P 1996-12-03 2010-11-15
250000 Goldman Sachs Group P 2008-06-13 2010-11-08
908 Covidien Plc P 2008-10-01 2010-11-08
250000 Conoco Phillips P 2008-09-18 2010-11-08
1014 Century Link inc P 2009-08-07 2010-11-08
62 Anglo American Plc Adr P 2007-07-26 2010-11-08
10 Anglo American Plc Adr P 2009-11-02 2010-11-04
987 Alpha Natural Resources P 2009-11-02 2010-11-04
359 RWE AG ADR P 2008-09-04 2010-10-20
4310 Mitsubishi UFJ Finl Grp ADR P 2008-09-23 2010-10-20
522 Old Rep Intl Corp P 2006-10-10 2010-10-14
.6 Old Rep Intl Corp P 2006-10-10 2010-10-14
21 Goldman Sachs Group P 2009-08-07 2010-10-14
49 Anglo American Plc Adr P 2006-10-10 2010-10-14
.6 Old Rep Intl Corp P 2006-10-10 2010-10-15
112 GNMA P 2004-04-19 2010-10-15
633 GNMA P 2003-07-15 2010-10-15
287 GNMA P 2004-02-19 2010-10-15
24 GNMA P 1996-03-04 2010-10-15
64 GNMA P 1996-12-03 2010-10-15
50 Google Inc Class A P 2008-07-01 2010-10-07
175 Goldman Sachs Group P 2009-08-07 2010-10-07
144 Anglo American Plc Adr P 2006-10-10 2010-10-07
266 Nexen Inc P 2008-05-09 2010-09-30
409 Nexen Inc P 2007-09-06 2010-09-30
2338 Magnetek Inc P 2008-07-10 2010-09-30
103 Laboratory Crp of America Hldgs P 2008-09-23 2010-09-30
426 Entergy Corp P 2009-05-05 2010-09-30
591 E on AG Adr P 2008-08-04 2010-09-30
1814 Dynegy Holdings Inc P 2008-09-23 2010-09-30
201 Diageo Plc Sponsored Adr New P 2008-10-01 2010-09-30
270 Citizens First Bancorp Inc P 2006-10-10 2010-09-30
448 Bard C R Inc P 2008-06-24 2010-09-30
1 Banco Santander Cent Hispano Adr P 2008-07-21 2010-09-30
51 Anglo American Plc Adr P 2006-10-10 2010-09-30
3592 First Amer Prime Oblig Fund Cl Y P 2009-06-18 2010-09-30
1289 First Amer Prime Oblig Fund Cl Y P 2009-06-02 2010-09-30
3012 First Amer Prime Oblig Fund Cl Y P 2009-04-27 2010-09-30
3451 First Amer Prime Oblig Fund Cl Y P 2009-02-20 2010-09-30
4625 First Amer Prime Oblig Fund Cl Y P 2009-01-29 2010-09-30
1667 First Amer Prime Oblig Fund Cl Y P 2008-11-20 2010-09-30
115 GNMA P 2004-04-19 2010-09-15
631 GNMA P 2003-07-15 2010-09-15
295 GNMA P 2004-02-19 2010-09-15
24 GNMA P 1996-03-04 2010-09-15
7 GNMA P 1996-12-03 2010-09-15
503 Telefonica SA Spon Adr P 2008-09-23 2010-09-02
500 Proctor & Gamble Co P 2004-08-27 2010-09-02
462 Nestle SA Sponsored ADR P 2008-07-07 2010-09-02
2287 Keppel Corp LTD Spons ADR P 2008-07-01 2010-09-02
1098 General Mills P 2009-06-29 2010-09-02
710 Fiserve P 2008-09-23 2010-09-02
1162 Erste Group Bank AG ADR P 2008-08-01 2010-09-02
894 Edison Intl P 2008-12-18 2010-09-02
666 DBS Group Hldgs Ltd P 2008-08-01 2010-09-02
1196 BMC Software Inc P 2008-10-01 2010-09-02
1157 Allegheny Technologies Inc P 2009-04-27 2010-09-02
148 Agrium Inc P 2008-07-07 2010-09-02
880 GNMA P 2004-04-19 2010-08-15
628 GNMA P 2003-07-15 2010-08-15
539 GNMA P 2004-02-19 2010-08-15
24 GNMA P 1996-03-04 2010-08-15
7 GNMA P 1996-12-03 2010-08-15
832 Qualcomm Inc P 2008-07-21 2010-07-12
538 Pepsico P 2005-07-28 2010-07-12
137 Millicom Intl Cellular P 2008-09-23 2010-07-12
317 McDonald's Corp P 2008-07-01 2010-07-12
602 Kellogg Co P 2008-10-13 2010-07-12
1382 GNMA P 2004-04-19 2010-07-15
626 GNMA P 2003-07-15 2010-07-15
290 GNMA P 2004-02-19 2010-07-15
66.23 GNMA P 1996-03-04 2010-07-15
6.95 GNMA P 1996-12-03 2010-07-15
484 Baxter Intl Inc P 2008-11-04 2010-07-12
.17 T Rowe Price Intl Bond Fund P 2010-12-16 2010-12-17
.37 Pimco Fds Total Return P 2010-12-08 2010-12-09
6929 First Amer Prime Oblig Fund Cl Y P 2011-06-01 2011-06-30
23250 First Amer Prime Oblig Fund Cl Y P 2011-05-25 2011-06-23
1 First Amer Prime Oblig Fund Cl Y P 2011-05-25 2011-06-08
8922 First Amer Prime Oblig Fund Cl Y P 2011-05-25 2011-05-31
207265 First Amer Prime Oblig Fund Cl Y P 2011-03-29 2011-05-25
585 First Amer Prime Oblig Fund Cl Y P 2011-03-29 2011-05-24
3533 First Amer Prime Oblig Fund Cl Y P 2011-03-29 2011-05-23
50000 First Amer Prime Oblig Fund Cl Y P 2011-03-29 2011-05-20
39 First Amer Prime Oblig Fund Cl Y P 2011-03-29 2011-05-16
322 First Amer Prime Oblig Fund Cl Y P 2011-03-29 2011-05-10
8839 First Amer Prime Oblig Fund Cl Y P 2011-03-29 2011-05-02
17435 First Amer Prime Oblig Fund Cl Y P 2011-03-29 2011-04-21
404 First Amer Prime Oblig Fund Cl Y P 2011-03-29 2011-04-20
811 US Steel P 2010-09-02 2011-04-05
10602 Synovus Finl Corp P 2010-05-24 2011-04-05
877 Prologis P 2010-09-30 2011-04-05
130 Netsuite Inc P 2010-10-20 2011-04-05
1005142 First Amer Prime Oblig Fund Cl Y P 2011-02-22 2011-04-06
8405 First Amer Prime Oblig Fund Cl Y P 2011-02-22 2011-03-31
717 Walmart Stores inc P 2010-07-12 2011-03-23
377 iShares MSCI Emerging Mkt P 2010-07-12 2011-03-23
685 iShares MSCI Emerging Mkt P 2010-05-24 2011-03-23
380 Hunt JB Trans Svcs Inc P 2010-11-08 2011-03-23
13148 Alcatel Lucent ADR P 2010-11-17 2011-03-23
240682 First Amer Prime Oblig Fund Cl Y P 2011-02-22 2011-03-24
21366 First Amer Prime Oblig Fund Cl Y P 2011-02-22 2011-03-23
500 First Amer Prime Oblig Fund Cl Y P 2011-02-22 2011-03-18
72938 First Amer Prime Oblig Fund Cl Y P 2011-02-16 2011-03-15
1000 First Amer Prime Oblig Fund Cl Y P 2011-02-16 2011-03-14
7560 First Amer Prime Oblig Fund Cl Y P 2010-04-23 2011-02-28
8903.64 First Amer Prime Oblig Fund Cl Y P 2010-04-23 2011-02-24
526 Zimmer Holdings P 2010-04-23 2011-02-16
1194 Xilinx Inc P 2010-05-24 2011-02-16
237 Whole Foods Mkt Inc P 2010-10-20 2011-02-16
3508 Tellabs Inc P 2010-05-06 2011-02-16
1444 Oracle Corporation P 2010-09-30 2011-02-16
418 Mattel Inc P 2010-09-30 2011-02-16
6668 iShares MSCI Emerging Mkt P 2010-11-10 2011-02-16
1035 iShares MSCI Emerging Mkt P 2010-07-12 2011-02-16
246 International Business Machines Corp P 2010-03-18 2011-02-16
1804 EMC Corporation P 2010-10-20 2011-02-16
2024 Corning Inc P 2010-07-12 2011-02-16
28 Cognizant Tech Solutions P 2010-11-17 2011-02-16
7410 CitiGroup Inc P 2010-05-06 2011-02-16
527 Celgene Corp P 2010-04-19 2011-02-16
7 Carnival Corp P 2010-10-14 2011-02-16
14 Carnival Corp P 2010-10-07 2011-02-16
233 First Amer Prime Oblig Fund Cl Y P 2011-01-31 2011-02-18
39473 T Rowe Price Intl Bond Fund P 2010-11-10 2011-02-16
141296 First Amer Prime Oblig Fund Cl Y P 2010-12-14 2011-02-17
11559 First Amer Prime Oblig Fund Cl Y P 2010-12-14 2011-01-24
3623 First Amer Prime Oblig Fund Cl Y P 2010-12-14 2011-01-14
1005 Commscope Inc P 2010-04-08 2011-01-14
3987 First Amer Prime Oblig Fund Cl Y P 2010-12-14 2011-01-11
8788 First Amer Prime Oblig Fund Cl Y P 2010-12-14 2010-12-31
12807 First Amer Prime Oblig Fund Cl Y P 2010-12-14 2010-12-23
42.31 First Amer Prime Oblig Fund Cl Y P 2010-12-14 2010-12-23
4.31 First Amer Prime Oblig Fund Cl Y P 2010-12-14 2010-12-21
8 EMC Corporation P 2010-10-14 2010-12-14
683 EMC Corporation P 2010-10-07 2010-12-14
1678 Actividentity Corp P 2010-09-30 2010-12-16
331467.23 First Amer Prime Oblig Fund Cl Y P 2010-04-19 2010-12-15
1116 Suntrust Bks inc P 2010-04-19 2010-12-09
327 Pegasystems inc P 2010-09-30 2010-12-09
463 PNC Financial Services Group Inc P 2010-04-23 2010-12-09
2874 Newalliance Bancshares Inc P 2010-09-02 2010-12-09
8192.33 Pimco Total Return Fund Inst P 2010-11-10 2010-12-09
176 Southwest Bancorp Inc P 2010-09-30 2010-12-06
203 Partnerre LTD P 2010-02-17 2010-12-06
200000 First Amer Prime Oblig Fund Cl Y P 2010-11-12 2010-12-09
628 First Amer Prime Oblig Fund Cl Y P 2010-11-12 2010-12-08
585 First Amer Prime Oblig Fund Cl Y P 2010-11-12 2010-12-08
937.948 Laudus Intl Marketmasters Fd Select P 2010-09-02 2010-12-06
2.83 First Amer Prime Oblig Fund Cl Y P 2010-11-12 2010-12-06
308 J Crew Group Inc P 2010-10-01 2010-11-26
309 J Crew Group Inc P 2010-09-30 2010-11-26
5293.29 First Amer Prime Oblig Fund Cl Y P 2010-11-12 2010-11-30
56623.74 First Amer Prime Oblig Fund Cl Y P 2010-11-12 2010-11-29
20227.81 First Amer Prime Oblig Fund Cl Y P 2010-11-12 2010-11-24
10985.70 First Amer Prime Oblig Fund Cl Y P 2010-11-12 2010-11-23
580 Zions Bancorporation P 2010-11-04 2010-11-17
753 Flanders Corp P 2010-10-20 2010-11-17
19870 First Amer Prime Oblig Fund Cl Y P 2010-11-12 2010-11-22
191 Goldman Sachs Group P 2010-02-17 2010-11-15
13901.83 First Amer Prime Oblig Fund Cl Y P 2010-11-12 2010-11-18
2727 Volvo AB Sponsored ADR P 2010-05-06 2010-11-10
1098 Unilever PLC Spsd ADR P 2009-12-18 2010-11-10
3336 Thompson Creek Metals Co Inc P 2009-11-17 2010-11-10
631 Swiss Reinsurance Co Spsd ADR P 2010-04-08 2010-11-10
849 IPath Dow Jones UBS Commodity P 2010-05-24 2010-11-10
323 Forest Labs Inc P 2010-09-30 2010-11-10
382033.54 First Amer Prime Oblig Fund Cl Y P 2010-04-19 2010-11-16
1025 Desarrolladora Homex ADR P 2010-04-19 2010-11-10
797 DBS Group Hldgs Ltd P 2009-12-18 2010-11-10
679 Canon Inc Spons ADR P 2010-03-29 2010-11-10
514 BASF AG ADR P 2010-03-18 2010-11-10
2446 Atlas Copco AB A D R Cl B P 2010-02-17 2010-11-10
1937 Anglo Amern PLC P 2010-07-12 2010-11-10
6644.19 First Amer Prime Oblig Fund Cl Y P 2010-10-13 2010-11-15
25000 Boeing Co P 2009-11-17 2010-11-08
2497 Mercury Computer Sys Inc P 2009-11-02 2010-10-28
8677.51 First Amer Prime Oblig Fund Cl Y P 2010-10-13 2010-11-01
330 First Amer Prime Oblig Fund Cl Y P 2010-10-13 2010-11-01
361 RWE AG ADR P 2009-12-18 2010-10-20
22545.54 First Amer Prime Oblig Fund Cl Y P 2010-10-05 2010-10-21
5929.46 First Amer Prime Oblig Fund Cl Y P 2010-10-05 2010-10-20
857 Western Digital Corp P 2009-12-11 2010-10-07
420 Lear Corp P 2010-03-10 2010-10-07
1072 Las Vegas Sands Corp P 2010-02-17 2010-10-07
2095 Kenexa Corp P 2009-11-02 2010-10-07
29 iShares MSCI Emerging Mkt P 2010-05-24 2010-10-07
30 iShares MSCI Emerging Mkt P 2010-05-24 2010-10-01
13679.46 First Amer Prime Oblig Fund Cl Y P 2010-10-05 2010-10-06
1291 Pitney Bowes Inc P 2010-05-24 2010-09-30
1239 Nidec Corp ADR P 2010-05-06 2010-09-30
1117.318 Laudus Intl Marketmasters Fd Select P 2010-09-30 2010-10-04
352 Las Vegas Sands Corp P 2010-02-17 2010-09-30
192 Kenexa Corp P 2009-11-02 2010-09-30
1023 iShares MSCI Emerging Mkt P 2010-07-12 2010-09-30
463985.46 First Amer Prime Oblig Fund Cl Y P 2010-07-12 2010-10-04
4020.17 First Amer Real Estate Secs Fd Cl Y P 2010-07-12 2010-09-30
1938.055 First Amer Real Estate Secs Fd Cl Y P 2010-05-24 2010-09-30
6573.96 First Amer Prime Oblig Fund Cl Y P 2010-05-25 2010-09-30
11909.63 First Amer Prime Oblig Fund Cl Y P 2010-05-25 2010-09-23
43750 First Amer Prime Oblig Fund Cl Y P 2010-05-25 2010-09-22
3253.23 First Amer Prime Oblig Fund Cl Y P 2010-05-25 2010-09-09
1068 Pegasystems inc P 2010-07-12 2010-09-02
1334 Central European & Russia Fund P 2009-11-02 2010-09-02
787 Arcelormittal NY Registered P 2009-12-18 2010-09-02
165441.96 First Amer Prime Oblig Fund Cl Y P 2010-05-25 2010-09-03
14132.67 First Amer Prime Oblig Fund Cl Y P 2010-05-25 2010-08-23
7181.74 First Amer Prime Oblig Fund Cl Y P 2010-05-25 2010-08-02
64.22 First Amer Prime Oblig Fund Cl Y P 2010-05-25 2010-07-23
14827.9 First Amer Prime Oblig Fund Cl Y P 2010-05-25 2010-07-22
1060 Kraft Foods Inc Cl A P 2010-03-10 2010-07-12
132 Furiex Pharmaceuticals P 2009-08-07 2010-07-12
26246.9 First Amer Prime Oblig Fund Cl Y P 2010-05-25 2010-07-15
576 Cliffs Natural Resources P 2010-05-24 2010-07-12
1603 CA Inc P 2009-11-02 2010-07-12
2248 AVX Corp P 2010-03-18 2010-07-12
1147 Agilent Technologies Inc P 2009-12-18 2010-07-12
1299 AK Steel hldg Corp P 2010-02-17 2010-07-12
61767.94 First Amer Prime Oblig Fund Cl Y P 2010-05-25 2010-07-13
4.31 First Amer Prime Oblig Fund Cl Y P 2010-05-25 2010-07-13
(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 291     291
b 388     388
c 1,386     1,386
d 12,460   4,957 7,503
e 25,606   13,761 11,845
106,363   99,445 6,918
104,805   104,769 36
271,175   247,588 23,587
11,969   11,789 180
57,346   56,786 560
28,077   27,411 666
1,348   1,418 -70
49,944   30,695 19,249
47,466   38,370 9,096
39,097   30,441 8,656
34,406   42,027 -7,621
41,327   36,244 5,083
27,128   29,983 -2,855
33,776   33,910 -134
12,612   7,752 4,860
116   118 -2
575   582 -7
286   290 -4
104   104  
33,812   29,755 4,057
42,156   30,908 11,248
37,865   24,860 13,005
40,693   38,758 1,935
41,068   38,347 2,721
7,991   5,775 2,216
35,445   37,259 -1,814
67,493   34,148 33,345
59,936   28,114 31,822
28,325   42,732 -14,407
30,522   33,947 -3,425
86,314   36,970 49,344
121   123 -2
573   580 -7
289   294 -5
7   7  
110   112 -2
571   578 -7
420   427 -7
7   7  
13,120   11,605 1,515
119   120 -1
568   576 -8
281   286 -5
7   7  
6,500   4,504 1,996
17,655   11,236 6,419
6,536   5,062 1,474
11,517   9,922 1,595
33,969   33,474 495
30,043   28,427 1,616
25,400   28,058 -2,658
37,903   34,227 3,676
12,175   9,629 2,546
38,466   9,576 28,890
33,855   29,021 4,834
31,625   24,353 7,272
7,952   9,660 -1,708
38,933   27,643 11,290
39,524   26,903 12,621
33,146   29,311 3,835
23,162   14,770 8,392
44,958   37,816 7,142
36,984   35,946 1,038
30,540   27,103 3,437
36,633   38,531 -1,898
40,083   22,949 17,134
32,318   36,739 -4,421
45,808   32,838 12,970
38,153   36,177 1,976
36,234   37,268 -1,034
52,151   39,831 12,320
30,545   24,756 5,789
34,589   36,470 -1,881
67,006   32,286 34,720
41,517   37,445 4,072
36,966   32,665 4,301
37,170   18,028 19,142
38,248   28,518 9,730
42,696   30,617 12,079
15,343   13,725 1,618
6,331   5,057 1,274
76,159   28,645 47,514
31,751   30,402 1,349
21,275   36,739 -15,464
38,460   35,223 3,237
4,416   5,602 -1,186
31,213   37,583 -6,370
13,173   6,768 6,405
135   137 -2
8,125   8,227 -102
930   944 -14
27   29 -2
7   7  
283,178   245,780 37,398
37,536   47,343 -9,807
271,470   252,390 19,080
42,717   32,509 10,208
1,476   1,847 -371
242   224 18
44,622   33,173 11,449
25,058   35,738 -10,680
20,517   34,868 -14,351
7,256   9,004 -1,748
8   10 -2
3,220   3,467 -247
1,120   1,093 27
8   10 -2
112   114 -2
633   641 -8
287   292 -5
24   26 -2
64   64  
26,721   26,375 346
26,486   28,894 -2,408
3,043   3,213 -170
5,339   10,176 -4,837
8,209   12,030 -3,821
2,782   9,456 -6,674
8,086   7,198 888
32,869   30,499 2,370
17,572   37,233 -19,661
8,707   36,643 -27,936
14,018   14,021 -3
5   7,087 -7,082
36,477   39,093 -2,616
13   19 -6
1,028   1,138 -110
60,885   36,064 24,821
21,851   13,807 8,044
51,045   29,392 21,653
58,496   28,782 29,714
78,395   46,066 32,329
28,264   13,140 15,124
114   116 -2
631   639 -8
295   299 -4
24   26 -2
7   7  
34,499   37,856 -3,357
30,045   27,860 2,185
24,456   20,605 3,851
30,366   35,860 -5,494
39,637   30,595 9,042
37,040   35,754 1,286
22,217   36,919 -14,702
30,691   28,276 2,415
27,938   37,229 -9,291
45,113   34,756 10,357
27,097   29,770 -2,673
10,580   14,369 -3,789
881   894 -13
628   636 -8
539   548 -9
24   26 -2
7   7  
28,995   37,954 -8,959
34,195   29,657 4,538
11,616   9,600 2,016
21,933   18,000 3,933
31,069   31,075 -6
1,382   1,402 -20
626   634 -8
290   294 -4
66   72 -6
7   7  
21,107   29,721 -8,614
6,710     6,710
3,031     3,031
6,929   6,929  
23,250   23,250  
1   1  
8,922   8,922  
207,265   207,265  
585   585  
3,533   3,533  
50,000   50,000  
39   39  
322   322  
8,839   8,839  
17,435   17,435  
404   404  
44,170   36,941 7,229
25,444   28,837 -3,393
14,094   10,611 3,483
3,846   2,575 1,271
1,005,142   1,005,142  
8,405   8,405  
36,889   35,907 982
17,504   14,974 2,530
31,804   25,633 6,171
16,241   14,170 2,071
65,870   39,181 26,689
240,682   240,682  
21,366   21,366  
500   500  
72,938   72,938  
1,000   1,000  
7,560   7,560  
8,904   8,904  
32,117   31,886 231
40,416   28,620 11,796
14,071   9,079 4,992
19,223   30,025 -10,802
47,525   39,147 8,378
10,705   9,751 954
304,008   317,130 -13,122
47,188   41,110 6,078
40,154   31,644 8,510
48,725   38,335 10,390
45,438   34,995 10,443
2,141   1,750 391
36,090   30,899 5,191
28,279   31,814 -3,535
330   280 50
659   558 101
233   233  
388,813   409,733 -20,920
141,296   141,296  
11,559   11,559  
3,623   3,623  
31,658   31,131 527
3,987   3,987  
8,789   8,789  
12,807   12,807  
42   42  
4   4  
181   172 9
15,456   13,414 2,042
5,454   3,708 1,746
331,467   331,467  
30,062   31,543 -1,481
11,411   10,046 1,365
28,331   32,174 -3,843
40,235   35,494 4,741
88,477   95,604 -7,127
1,860   2,273 -413
15,811   15,832 -21
200,000   200,000  
628   628  
585   585  
17,859   15,607 2,252
3   3  
13,429   10,342 3,087
13,472   10,296 3,176
5,293   5,293  
56,625   56,625  
20,229   20,229  
10,987   10,987  
11,988   12,209 -221
2,297   2,598 -301
19,872   19,872  
31,826   30,015 1,811
13,903   13,903  
38,721   30,270 8,451
32,864   34,135 -1,271
43,170   40,399 2,771
33,013   30,982 2,031
39,548   31,723 7,825
10,610   10,084 526
382,035   382,035  
35,485   31,252 4,233
34,685   33,745 940
32,817   31,062 1,755
39,485   31,416 8,069
47,620   31,431 16,189
45,499   35,021 10,478
6,645   6,645  
274,705   247,043 27,662
39,181   25,998 13,183
8,679   8,679  
331   331  
25,197   33,869 -8,672
22,547   22,547  
5,930   5,930  
24,047   33,405 -9,358
34,415   31,055 3,360
38,452   18,779 19,673
38,656   25,765 12,891
1,325   1,085 240
1,353   1,123 230
13,680   13,680  
27,756   29,164 -1,408
27,529   30,986 -3,457
19,843   19,821 22
12,215   6,166 6,049
3,406   2,361 1,045
45,615   40,634 4,981
463,986   463,986  
68,142   62,112 6,030
32,850   29,497 3,353
6,575   6,575  
11,911   11,911  
43,751   43,751  
3,254   3,254  
24,331   35,493 -11,162
29,305   34,214 -4,909
24,420   33,841 -9,421
165,443   165,443  
14,134   14,134  
7,183   7,183  
65   65  
14,829   14,829  
30,655   31,215 -560
1,340   1,147 193
26,247   26,247  
27,630   29,514 -1,884
29,895   33,438 -3,543
27,872   31,827 -3,955
32,425   33,775 -1,350
16,523   29,672 -13,149
61,768   61,768  
4   4  
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       291
b       388
c       1,386
d       7,503
e       11,845
      6,918
      36
      23,587
      180
      560
      666
      -70
      19,249
      9,096
      8,656
      -7,621
      5,083
      -2,855
      -134
      4,860
      -2
      -7
      -4
       
      4,057
      11,248
      13,005
      1,935
      2,721
      2,216
      -1,814
      33,345
      31,822
      -14,407
      -3,425
      49,344
      -2
      -7
      -5
       
      -2
      -7
      -7
       
      1,515
      -1
      -8
      -5
       
      1,996
      6,419
      1,474
      1,595
      495
      1,616
      -2,658
      3,676
      2,546
      28,890
      4,834
      7,272
      -1,708
      11,290
      12,621
      3,835
      8,392
      7,142
      1,038
      3,437
      -1,898
      17,134
      -4,421
      12,970
      1,976
      -1,034
      12,320
      5,789
      -1,881
      34,720
      4,072
      4,301
      19,142
      9,730
      12,079
      1,618
      1,274
      47,514
      1,349
      -15,464
      3,237
      -1,186
      -6,370
      6,405
      -2
      -102
      -14
      -2
       
      37,398
      -9,807
      19,080
      10,208
      -371
      18
      11,449
      -10,680
      -14,351
      -1,748
      -2
      -247
      27
      -2
      -2
      -8
      -5
      -2
       
      346
      -2,408
      -170
      -4,837
      -3,821
      -6,674
      888
      2,370
      -19,661
      -27,936
      -3
      -7,082
      -2,616
      -6
      -110
      24,821
      8,044
      21,653
      29,714
      32,329
      15,124
      -2
      -8
      -4
      -2
       
      -3,357
      2,185
      3,851
      -5,494
      9,042
      1,286
      -14,702
      2,415
      -9,291
      10,357
      -2,673
      -3,789
      -13
      -8
      -9
      -2
       
      -8,959
      4,538
      2,016
      3,933
      -6
      -20
      -8
      -4
      -6
       
      -8,614
      6,710
      3,031
       
       
       
       
       
       
       
       
       
       
       
       
       
      7,229
      -3,393
      3,483
      1,271
       
       
      982
      2,530
      6,171
      2,071
      26,689
       
       
       
       
       
       
       
      231
      11,796
      4,992
      -10,802
      8,378
      954
      -13,122
      6,078
      8,510
      10,390
      10,443
      391
      5,191
      -3,535
      50
      101
       
      -20,920
       
       
       
      527
       
       
       
       
       
      9
      2,042
      1,746
       
      -1,481
      1,365
      -3,843
      4,741
      -7,127
      -413
      -21
       
       
       
      2,252
       
      3,087
      3,176
       
       
       
       
      -221
      -301
       
      1,811
       
      8,451
      -1,271
      2,771
      2,031
      7,825
      526
       
      4,233
      940
      1,755
      8,069
      16,189
      10,478
       
      27,662
      13,183
       
       
      -8,672
       
       
      -9,358
      3,360
      19,673
      12,891
      240
      230
       
      -1,408
      -3,457
      22
      6,049
      1,045
      4,981
       
      6,030
      3,353
       
       
       
       
      -11,162
      -4,909
      -9,421
       
       
       
       
       
      -560
      193
       
      -1,884
      -3,543
      -3,955
      -1,350
      -13,149
       
       
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 2 743,489
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 3 171,330
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 791,747 12,601,842 0.06283
2008 760,740 11,806,801 0.06443
2007 865,790 14,523,913 0.05961
2006 810,768 15,190,692 0.05337
2005 759,091 14,542,072 0.05220
2 Total of line 1, column (d) ...................... 2 0.29244
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 0.05849
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 13,300,306
5 Multiply line 4 by line 3....................... 5 777,922
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 13,693
7 Add lines 5 and 6......................... 7 791,615
8 Enter qualifying distributions from Part XII, line 4.............. 8 797,364
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 13,693
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 13,693
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 13,693
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 4,920
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 4,920
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 79
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 8,852
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet0 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?.............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (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
 
No
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)bulletMO
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletUS Bank Private Client Group Telephone no.bullet (417) 888-2202
    Located atbullet1615 S GlenstoneSpringfieldMO ZIP+4bullet65804
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2010?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
    No
    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
     
    No
    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
     
    No
    .........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
     
    No
    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
    Rob Baird Director
    0.00     		0    
    2928 S Natural Bridge Dr
    Springfield,MO65809
    Thomas L Slaight Director
    0.00     		0    
    4361 E Berkeley St
    Springfield,MO65809
    Junior Cline Director
    0.00     		0    
    4260 N State Highway H
    Springfield,MO65803
    Charles Fuller Chairman
    1.00     		0    
    2914 W Trevor Trail
    Ozark,MO65721
    US Bank as trustee Trustee
    5.00     		202,074    
    1615 S Glenstone
    Springfield,MO65804
    Jerry L Redfern Foundation Mana
    10.00     		78,500    
    4130 White Oak Drive
    Springfield,MO65809
    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 Provision of grants to eligible 501 (c) (3) organizations. 623,677
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    11,101,722
    b
    Average of monthly cash balances.......................
    1b
    363,347
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    2,037,780
    d
    Total (add lines 1a, b, and c).........................
    1d
    13,502,849
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d..........................
    3
    13,502,849
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    202,543
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    13,300,306
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    665,015
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    665,015
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    13,693
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    13,693
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    651,322
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    651,322
    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
    651,322
    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
    797,364
    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
     
    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
    797,364
    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
    13,693
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    783,671
    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 7 651,322
    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....... 70,415
    e From 2009....... 171,453
    fTotal of lines 3a through e......... 241,868
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 797,364
    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)...     		0
    d Applied to 2010 distributable amount..... 651,322
    e Remaining amount distributed out of corpus 146,042
    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 5 387,910
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		387,910
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008.... 70,415
    d Excess from 2009.... 171,453
    e Excess from 2010.... 146,042
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2010 (b) 2009 (c) 2008 (d) 2007
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    Musgrave Foundation
    One Corporate Centre Suite 1-130
    Springfield,MO65804
    (417) 841-4698
    bThe form in which applications should be submitted and information and materials they should include:
    Applicants need to request submission form by contacting the Foundation offices.
    cAny submission deadlines:
     
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Foundation activities are limited to the Southwest Missouri area, primarily Greene and surrounding counties.
    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
    Weaver Elementary Cents of Pride Fu
    1461 N Douglas Ave
    Springfield,MO65802     		None 501(c)(3) Cents of Pride Fund 7,937
    The Society of St Vincent dePaul
    2200 W Republic Rd
    Springfield,MO65807     		None 501(c)(3) General obligations 1,500
    Springfield Sister Cities Associati
    PO Box 8368
    Springfield,MO65801     		None 501(c)(3) General obligations 2,000
    Railroad Historical Museum
    1300 North Grant St
    Springfield,MO65802     		None 501(c)(3) General obligations 500
    Mt Carmel United Methodist Church
    1001 N National Ave
    Springfield,MO65802     		None 501(c)(3) General obligations 2,000
    Missouri Literacy Festival
    411 N Sherman Parkway
    Springfield,MO65802     		None 501(c)(3) General obligations 1,000
    Heart of the Ozarks
    2157 N Prospect Ave
    Springfield,MO65803     		None 501(c)(3) General obligations 8,000
    Doula Foundation of Mid America
    2130 N Glenstone
    Springfield,MO65803     		None 501(c)(3) General obligations 2,000
    Deaf Awareness Group of Southwest M
    PO Box 14362
    Springfield,MO65814     		None 501(c)(3) General obligations 2,000
    Boys Choir of Springfield
    c/o Mark Lawley 4339 W Forest Ridge
    Battlefield,MO65619     		None 501(c)(3) General obligations 1,000
    Children's Foundation of Mid-Americ
    2740 E Pythian
    Springfield,MO65802     		None 501(c)(3) General obligations 1,500
    Campbell Elementary School
    506 S Grant Ave
    Springfield,MO65802     		None 501(c)(3) Cents of Pride Fund 330
    Boys and Girls Town of Missouri
    1212 W Lombard St
    Springfield,MO65802     		None 501(c)(3) General obligations 4,000
    Bowerman Elementary School
    2148 N Douglas Ave
    Springfield,MO65803     		None 501(c)(3) General obligations 330
    Bolivar Area Ministerial Alliance
    PO Box 181
    Bolivar,MO65613     		None 501(c)(3) General obligations 2,000
    Bissett Elementary School
    3014 W Calhoun St
    Springfield,MO65802     		None 501(c)(3) Cents of Pride Fund 830
    The Victim Center
    819 N Boonville Ave
    Springfield,MO65802     		None 501(c)(3) General obligations 1,000
    Springfield Regional Arts Council
    411 N Sherman Pkwy
    Springfield,MO65802     		None 501(c)(3) General obligations 20,000
    Safe at Home
    PO Box 1409
    Jefferson City,MO65102     		None 501(c)(3) General obligations 2,000
    Ozarks Public Television
    901 S National
    Springfield,MO65897     		None 501(c)(3) General obligations 1,000
    Lease of These
    149 E State Hwy CC
    Nixa,MO65714     		None 501(c)(3) General obligations 1,500
    Community Foundation of the Ozarks
    425 E Trafficway St
    Springfield,MO65806     		None 501(c)(3) General obligations 31,000
    Big Brothers Big Sisters
    3372 W Battlefield Rd
    Springfield,MO65807     		None 501(c)(3) General obligations 1,000
    Sporting Chance
    1850 E Meadowmere St
    Springfield,MO65804     		None 501(c)(3) General Obligations 500
    Alzheimer's Association
    1500 South Glenstone
    Springfield,MO65804     		None 501(c)(3) General Obligations 2,000
    Newborns in Need
    112 W Main St / PO Box 385
    Houston,MO65483     		None 501(c)(3) General operations 4,000
    American Red Cross
    1835 E Chestnut Expwy
    Springfield,MO65802     		None 501(c)(3) General Operations 20,000
    SW Missouri Office on Aging
    1737 S Fort
    Springfield,MO65807     		None 501(c)(3) General operations 2,000
    Ozarks Technical Comm College
    PO Box 5958
    Springfield,MO65801     		None 501(c)(3) General operations 41,000
    Ozarks Counseling Center
    309 N Jefferson 110
    Springfield,MO65806     		None 501(c)(3) General operations 1,000
    Women in Need of the Ozarks
    PO Box 4626
    Springfield,MO65808     		None 501(c)(3) General operations 5,000
    Convoy of Hope
    330 S Patterson
    Springfield,MO65802     		None 501(c)(3) General operations 12,000
    Ozark Food Harvest
    615 N Glenstone Ave
    Springfield,MO65802     		None 501(c)(3) General operations 25,000
    MO Colleges Fund Inc
    3702 W Truman Blvd Ste 319
    Jefferson City,MO65109     		None 501(c)(3) General operations 6,000
    Fellowship Christian Athletes
    2101 W Chesterfield Blvd
    Springfield,MO65807     		None 501(c)(3) General operations 7,000
    The Kitchen
    420 E Commercial
    Springfield,MO65803     		None 501(c)(3) General operations 6,500
    Lighthouse Child Development Center
    2548 N Fremont
    Springfield,MO65803     		None 501(c)(3) Capital improvements 195,750
    Springfield Victory Mission
    PO Box 2884
    Springfield,MO65801     		None 501(c)(3) General operations 8,000
    Cox Health Foundation
    1423 N Jefferson
    Springfield,MO65802     		None 501(c)(3) General operations 38,000
    SW Baptist University
    1600 University Ave
    Bolivar,MO65613     		None 501(c)(3) General operations 18,000
    Drury University
    900 N Benton
    Springfield,MO65802     		None 501(c)(3) General operations 33,000
    The Salvation Army
    PO Box 9685
    Springfield,MO65801     		None 501(c)(3) General operations 16,000
    CASA of Southwest MO
    3800 S National Ave
    Springfield,MO65807     		None 501(c)(3) General operations 2,000
    Boy Scouts of America
    1616 S Eastgate
    Springfield,MO65809     		None 501(c)(3) General operations 20,000
    Springfield Community Center
    411 N Sherman Parkway
    Springfield,MO65802     		None 501(c)(3) General operations 19,000
    Dallas County Health Dept
    1001 W Main St
    Buffalo,MO65622     		None 501(c)(3) General operations 1,000
    Council of Churches of Ozarks
    1116 W Battlefield
    Springfield,MO65807     		None 501(c)(3) General operations 34,500
    Boys and Girls Club
    1300 Boonville
    Springfield,MO65802     		None 501(c)(3) General operations 12,000
    Total .................................bullet 3a 623,677
    bApproved for future payment
    Total ..................................bullet 3b  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 12  
    4 Dividends and interest from securities....     14 172,381  
    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.....     18 665,563  
    8Gain or (loss) from sales of assets other than inventory         743,489
    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)..   837,956 743,489
    13Total. Add line 12, columns (b), (d), and (e)...................
    131,581,445
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash....................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements............................
    1b(4)
     
    No
    (5) Loans or loan guarantees..............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2010)
    Additional Data


    Software ID: 10000105
    Software Version: 2010v3.2


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2010 AccountingFeesSchedule
    Name:
    Musgrave Foundation
    EIN: 43-1304514
    Software ID:10000105
    Software Version:2010v3.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    RMMC 3,750 0 0 1,875

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    Musgrave Foundation
    EIN: 43-1304514
    Software ID:10000105
    Software Version:2010v3.2
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Corporate Issues 800,000 968,580

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    Musgrave Foundation
    EIN: 43-1304514
    Software ID:10000105
    Software Version:2010v3.2
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Common Stocks 3,458,945 4,265,967

    TY 2010 InvestmentsOtherSchedule2
    Name:
    Musgrave Foundation
    EIN: 43-1304514
    Software ID:10000105
    Software Version:2010v3.2
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Foreign Stocks AT COST 413,077 436,202
    Foreign Issues AT COST 900,000 990,730
    Equity Funds AT COST 3,907,419 4,238,935
    Fixed Income Funds AT COST 997,034 1,006,256
    Partnership Capital AT COST 494,749 505,327
    Mineral and Royalty Interests AT COST 305 1,439,224

    TY 2010 OtherExpensesSchedule
    Name:
    Musgrave Foundation
    EIN: 43-1304514
    Software ID:10000105
    Software Version:2010v3.2
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Partnership K-1 deductions 2,826 2,826    
    Oil production expenses 47,636 47,636    
    Miscellaneous 585      
    Insurance 233      
    ADR agent fees 517      


    TY 2010 OtherIncomeSchedule2
    Name:
    Musgrave Foundation
    EIN: 43-1304514
    Software ID:10000105
    Software Version:2010v3.2
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Investment Income 665,563 665,563  


    TY 2010 OtherIncreasesSchedule
    Name:
    Musgrave Foundation
    EIN: 43-1304514
    Software ID:10000105
    Software Version:2010v3.2
    Description Amount
    Adj to investment for accretion adjustment 2,291


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    Musgrave Foundation
    EIN: 43-1304514
    Software ID:10000105
    Software Version:2010v3.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Communications 16,501 0 0 16,501
    Administrative support 27,996 0 0 27,996


    TY 2010 TaxesSchedule
    Name:
    Musgrave Foundation
    EIN: 43-1304514
    Software ID:10000105
    Software Version:2010v3.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign taxes w/h at source 530      
    Excise tax estimated payments 2,219