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
The Mary Peace Sterling Foundation
 

Number and street (or P.O. box number if mail is not delivered to street address)c/o Foundation Source 501 Silversid   Room/suite
City or town, state, and ZIP code
Wilmington, DE198091377
A Employer identification number

57-1114028
B Telephone number (see page 10 of the instructions)

(800) 839-1754
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$2,591,563J 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 66 66  
4 Dividends and interest from securities...... 62,633 62,633  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 123,124
b Gross sales price for all assets on line 6a 990,357
7 Capital gain net income (from Part IV, line 2)... 123,124
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)....... Click to see attachment 24 24  
12 Total. Add lines 1 through 11........ 185,847 185,847  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 39,818 21,052   18,766
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 5,023 3,623    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 9,470 282   9,188
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 54,311 24,957   27,954
25 Contributions, gifts, grants paid........ 74,000 74,000
26 Total expenses and disbursements. Add lines 24 and 25 128,311 24,957   101,954
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 57,536
b Net investment income (if negative, enter -0-) 160,890
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 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.......... 47,213 100,371 100,371
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)      
b Investments—corporate stock (attach schedule)........ 2,245,534 Click to see attachment2,249,912 2,491,192
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
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) 2,292,747 2,350,283 2,591,563
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 2,292,747 2,350,283
30 Total net assets or fund balances (see page 17 of the
instructions).................... 2,292,747 2,350,283
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,292,747 2,350,283
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 2,292,747
2 Enter amount from Part I, line 27a...................... 2 57,536
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 2,350,283
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 2,350,283
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 Publicly-traded Securities      
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 990,357   867,233 123,124
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       123,124
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 123,124
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2009 106,990 2,181,170 000.049052
2008 170,285 2,105,687 000.080869
2007 142,853 3,388,287 000.042161
2006 174,139 3,508,804 000.049629
2005 100,293 3,064,296 000.032730
2 Total of line 1, column (d) ...................... 2 000.254441
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. . . 		3 000.050888
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 2,427,987
5 Multiply line 4 by line 3....................... 5 123,555
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,609
7 Add lines 5 and 6......................... 7 125,164
8 Enter qualifying distributions from Part XII, line 4.............. 8 101,954
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 3,218
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 3,218
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 3,218
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 3,272
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.............. Tax Paid Original Return: 3272 7 3,272
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 54
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet54 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
 
 
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)bullet
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletco Foundation Source Telephone no.bullet (800) 839-1754
    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
     
     
    .........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
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
    Yes
     
    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
    Mary Peace Sterling Trustee
    001.00     		0    
    c/o Foundation Source 501 Silversid
    Wilmington,DE19809
    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
     
    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)
    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
    2,361,749
    b
    Average of monthly cash balances.......................
    1b
    103,213
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,464,962
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d..........................
    3
    2,464,962
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) Click to see attachment............................
    4
    36,974
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,427,987
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    121,399
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    121,399
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    3,218
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,218
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    118,181
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    118,181
    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
    118,181
    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 Click to see attachment..........
    1a
    101,954
    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
    101,954
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    101,954
    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 7 118,181
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 100,375
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008.......  
    e From 2009.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 101,954
    a Applied to 2009, but not more than line 2a 100,375
    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..... 1,579
    e Remaining amount distributed out of corpus  
    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  
    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 ..........     		116,602
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008....  
    d Excess from 2009....  
    e Excess from 2010....  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
     
    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).)
    MARY PEACE STERLING
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2010)
    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
    CHRIST CHURCH EPISCOPAL SCHOOL
    245 CAVALIER DR
    GREENVILLE,SC29607     		N/A 509(a)(1) General Unrestricted 1,000
    FURMAN UNIVERSITY
    3300 POINSETT HWY
    GREENVILLE,SC29613     		N/A 509(a)(1) Richard Furman Society Division 10,000
    GOVERNORS SCHOOL FOR THE ARTS FDN I
    PO BOX 8458
    GREENVILLE,SC29604     		N/A 509(a)(1) General Unrestricted 1,000
    GREENVILLE FORWARD
    24 CLEVELAND ST
    GREENVILLE,SC29601     		N/A 509(a)(1) General Unrestricted 10,000
    GREENVILLE LITERACY ASSOCIATION INC
    225 S PLEASANTBURG DR STE C-10
    GREENVILLE,SC29607     		N/A 509(a)(1) General Unrestricted 1,000
    GREENVILLE SYMPHONY ASSOCIATION
    200 S MAIN ST
    GREENVILLE,SC29601     		N/A 509(a)(1) General Unrestricted 4,000
    PEACE CENTER FOUNDATION
    101 W BROAD ST
    GREENVILLE,SC29601     		N/A 509(a)(1) General Unrestricted 15,000
    THE FINE ARTS LEAGUE OF THE CAROLIN
    362 DEPOT ST
    ASHEVILLE,NC28801     		N/A 509(a)(1) General Unrestricted 1,000
    TRIUNE MERCY CENTER
    PO BOX 3844
    GREENVILLE,SC29608     		N/A 509(a)(1) General Unrestricted 1,000
    UNITED WAY OF GREENVILLE COUNTY INC
    105 EDINBURGH COURT
    GREENVILLE,SC29607     		N/A 509(a)(1) General Unrestricted 15,000
    UPCOUNTRY HISTORY MUSEUM
    540 BUNCOMBE ST
    GREENVILLE,SC29601     		N/A 509(a)(1) General Unrestricted 15,000
    Total .................................bullet 3a 74,000
    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 66  
    4 Dividends and interest from securities....     14 62,633  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 123,124  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aK-1 Pass-Through Income     14 24  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   185,847  
    13Total. Add line 12, columns (b), (d), and (e)...................
    13185,847
    (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: 10000149
    Software Version: 2010.2.15
    Part VI Line 7 - Tax Paid Original Return: 3272


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2010 GeneralExplanationAttachment
    Name:
    The Mary Peace Sterling Foundation
    EIN: 57-1114028
    Software ID:10000149
    Software Version:2010.2.15
    Identifier Return Reference Explanation

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    The Mary Peace Sterling Foundation
    EIN: 57-1114028
    Software ID:10000149
    Software Version:2010.2.15
    Name of Stock End of Year Book Value End of Year Fair Market Value
    175 shares of AARONS INC. AAN 3,016 4,946
    443 shares of ABAXIS, INC ABAX 9,317 12,072
    90 shares of ACUITY BRANDS INC AYI 3,453 5,020
    186 shares of ADVISORY BOARD COMPANY THE ABCO 6,450 10,766
    1501 shares of AEGON N V ORD AMER REG AEG 20,238 10,207
    102 shares of AFFILIATED MANAGERS GROUP AMG 4,483 10,348
    398 shares of ALLSCRIPTS HEALTHCARE SOLUTIONS MDRX 8,586 7,729
    290 shares of ALLSTATE CORP ALL 12,789 8,854
    420 shares of ALTRIA GROUP INC MO 7,763 11,092
    19 shares of AMAZON COM AMZN 2,615 3,885
    390 shares of AMEREN CORPORATION AEE 18,288 11,248
    189 shares of AMERIPRISE FINANCIAL INC AMP 8,191 10,902
    151 shares of AMETEK INC. AME 3,607 6,780
    55 shares of AMYRIS, INC. AMRS 947 1,545
    1305 shares of ANNALY MTG MGMT INC. COM NLY 20,083 23,542
    600 shares of ANSYS INC. ANSS 18,956 32,801
    55 shares of APPLE INC. AAPL 15,946 18,462
    280 shares of APTAR GROUP INC ATR 8,614 14,655
    235 shares of ASTELLAS PHARMA INC ALPMY.PK 8,563 9,099
    325 shares of ASTRAZENECA AZN 15,023 16,273
    911 shares of ATT CORP COM NEW T 23,181 28,614
    1158 shares of BANK OF AMERICA CORP BAC 33,707 12,692
    726 shares of BBT CP BBT 18,945 19,486
    55 shares of BIO RAD LABS INC CL A BIO 3,197 6,565
    111 shares of BJS WHLSL CLUB INC BJ 5,492 5,589
    759 shares of BLACKBAUD INC BLKB 11,766 21,039
    53 shares of BORG WARNER INC. BWA 2,020 4,282
    1220 shares of BOSTON SCIENTIFIC BSX 18,225 8,430
    298 shares of BRASIL TELECOM PARTICIPACOES S.A. SPON BTM 9,113 8,541
    169 shares of BRAZIL TELECOM SP ADR BTM-C 2,788 1,822
    740 shares of BROWN BROWN INC. BRO 13,750 18,988
    148 shares of CABOT MICROELECTRONICS CORPORATION CCMP 7,420 6,878
    330 shares of CANON INC. CAJ 12,342 15,705
    39 shares of CARBO CERAMICS INC CRR 1,285 6,355
    121 shares of CARLISLE COS INC CSL 4,125 5,957
    135 shares of CARMAX INC KMX 1,556 4,464
    2110 shares of CARREFOUR S.A. CRRFY.PK 18,960 16,479
    785 shares of CENTRAIS ELECTRICAS BRASIL BRASILEIRAS EBR 5,731 10,598
    280 shares of CENTURY TEL INC CTL 7,063 11,320
    952 shares of CHESAPEAKE ENERGY CORPORATION CHK 21,941 28,265
    300 shares of CHEVRONTEXACO CORP CVX 20,619 30,851
    7 shares of CHIPOLTE MEX GRILL CMG 572 2,157
    128 shares of CHURCH DWIGHT COMMON CHD 3,569 5,189
    297 shares of CITIGROUP INC C 7,091 12,367
    198 shares of CITY NATL CP CYN 8,777 10,742
    625 shares of COHEN STEERS INC CNS 17,323 20,719
    162 shares of COLONY FINANCIAL INC. CLNY 3,003 2,927
    193 shares of COLUMBIA BANKING SYSTEM, INC. COLB 3,710 3,323
    49 shares of COLUMBIA SPORTSWEAR CO. COLM 1,868 3,107
    215 shares of COMPUTER PROGRAMS AND SYSTEMS, INC CPSI 7,216 13,648
    298 shares of CONOCOPHILLIPS COP 16,996 22,407
    531 shares of COPART INC. CPRT 19,184 24,745
    875 shares of CORNING INC GLW 16,378 15,881
    49 shares of CULLEN FROST BANKERS INC CFR 2,888 2,786
    410 shares of DAIICHI SANKYO CO LT DSKYY.PK 9,060 7,975
    820 shares of DELL INC DELL 13,362 13,669
    251 shares of DENTSPLY INTERNATIONAL INC NEW XRAY 6,649 9,558
    1465 shares of DEUTSCHE TELE AG ADS DTEGY.PK 25,240 22,898
    153 shares of DIAMOND OFFSHORE DRL DO 11,355 10,773
    40 shares of DRIL QUIP INC DRQ 2,642 2,713
    317 shares of EDISION INTL EIX 8,867 12,284
    694 shares of ELI LILLY CO LLY 24,490 26,046
    455 shares of ENI S.P.A. E 20,456 21,635
    161 shares of EQUIFAX INC. EFX 5,387 5,590
    970 shares of ERICSSON L M TEL CO ERIC 11,770 13,949
    110 shares of EXPEDITORS INTL WASH INC. EXPD 5,244 5,631
    373 shares of EXPONENT, INC EXPO 10,296 16,229
    156 shares of FACTSET RESH SYST INC. FDS 8,173 15,962
    196 shares of FAIR ISSAC CO INC. FICO 2,811 5,919
    623 shares of FEDERATED INVESTRS B FII 14,161 14,852
    1261 shares of FIRST HORIZON NATL FHN 15,220 12,030
    1224 shares of FIRST NIAGARA FINANCIAL GROUP INC. FNFG 15,828 16,157
    178 shares of FLIR SYSTEMS INC FLIR 4,308 6,000
    319 shares of FOREST CITY ENTERPRISES CL A FCE-A 1,936 5,956
    940 shares of FRANCE TELECOM ADS FTE 21,303 20,013
    240 shares of FREEPORT-MCMORAN COPPER GOLD INC. FCX 10,199 12,696
    465 shares of FUJIFILM HOLDINGS FUJIY.PK 13,531 14,522
    750 shares of FULTON FIN CORP FULT 7,948 8,033
    1465 shares of GENERAL ELECTRIC CO GE 23,078 27,630
    526 shares of GENERAL MOTORS GM 17,870 15,969
    160 shares of GENTEX CORPORATION GNTX 4,350 4,837
    174 shares of GLACIER BANCORP INC GBCI 2,942 2,346
    780 shares of GLAXOSMITHKLINE PLC GSK 38,431 33,461
    100 shares of GRACO INC GGG 1,633 5,066
    73 shares of GREENHILL COMPANY INC GHL 5,102 3,929
    181 shares of HAEMONETICS CP HAE 8,782 11,651
    236 shares of HARRIS CORP DEL HRS 10,146 10,634
    279 shares of HCC INS HLDGS INC. HCC 7,930 8,789
    738 shares of HENRY JACK ASSOC INC. JKHY 15,279 22,147
    118 shares of HENRY SCHEIN INC HSIC 4,728 8,448
    315 shares of HITTITE MICROWAVE CORPORATION HITT 16,353 19,502
    45 shares of HOMEAWAY, INC. AWAY 1,835 1,742
    315 shares of HONDA MOTOR CO LTD HMC 11,904 12,162
    228 shares of HONEYWELL INTERNATIONAL INC. HON 10,246 13,587
    1045 shares of HUDSON CITY BANCORP INC COMMON HCBK 13,145 8,559
    109 shares of HUNT J B JBHT 4,230 5,133
    155 shares of IDEX CP IEX 2,949 7,107
    119 shares of INFORMATICA CORPORATION INFA 4,690 6,953
    1945 shares of INTEL CORP INTC 34,916 43,100
    89 shares of INTERNATIONAL BUSINESS MACHINES IBM 8,859 15,268
    810 shares of INTERNATIONAL PAPER CO. IP 22,467 24,154
    505 shares of INTESA SANPAOLO S/ADR ISNPY.PK 10,912 8,095
    31 shares of INTUITIVE SURGICAL, INC. ISRG 8,568 11,535
    440 shares of J SAINSBURY PLC S/ADR NEW JSAIY.PK 10,114 9,275
    159 shares of JACOBS ENGINEERNG GP JEC 6,399 6,877
    505 shares of JEFFERIES GROUP INC JEF 11,706 10,302
    193 shares of JOHNSON JOHNSON JNJ 11,392 12,838
    49 shares of JONES LANG LASALLE JLL 4,039 4,621
    272 shares of JP MORGAN CHASE CO JPM 12,510 11,136
    385 shares of KEYCORP KEY 4,521 3,207
    180 shares of KIMBERLY CLARK CORP KMB 11,251 11,981
    136 shares of KIRBY CORPORATION KEX 3,370 7,707
    1440 shares of KONINKLIJKE AHOLD AHONY.PK 11,225 19,325
    345 shares of KRAFT FOODS INC KFT 11,403 12,154
    600 shares of KROGER CO KR 12,583 14,880
    240 shares of LANDSTAR SYSTEM LSTR 11,346 11,155
    298 shares of LINCOLN ELECTRIC HOLDING INC. LECO 4,985 10,683
    320 shares of LKQ CORPORATION - LKQ CORPORATION COMMON STOCK LKQX 4,581 8,349
    140 shares of LOCKHEED MARTIN CORP LMT 11,596 11,336
    580 shares of LOWES COMPANIES INC. LOW 13,341 13,520
    83 shares of M.D.C. HLDGS MDC 2,341 2,045
    229 shares of MARATHON OIL CORP COM MRO 5,393 12,064
    32 shares of MARKEL CORP MKL 8,993 12,698
    720 shares of MARKS SPENCER GRP ADR MAKSY.PK 7,133 8,309
    405 shares of MARSH AND MCLENNAN COMPANIES INC MMC 8,860 12,632
    625 shares of MASCO CORP MAS 11,597 7,519
    280 shares of MEDTRONIC INC MDT 9,535 10,788
    345 shares of MERCK CO INC. MRK 9,623 12,175
    285 shares of METLIFE INC. MET 8,090 12,503
    22 shares of METTLER-TOLEDO INTL MTD 1,005 3,711
    1455 shares of MICROSOFT CORPORATION MSFT 35,407 37,829
    1670 shares of MITSUBISHI TOKYO FIN MTU 17,301 8,066
    1960 shares of MIZUHO FINANCIAL GRO MFG 23,226 6,429
    176 shares of MORNINGSTAR, INC. MORN 6,367 10,697
    855 shares of NIPPON TELEPHONE ADR NTT 19,740 20,674
    945 shares of NOKIA NOK 13,999 6,067
    185 shares of NORTHROP GRUMMAN CORP NOC 8,404 12,830
    170 shares of OREILLY AUTOMOTIVE INC. ORLY 6,416 11,137
    72 shares of OCCIDENTAL PETE CORP OXY 7,905 7,491
    104 shares of OCEANERING INTL INC OII 1,760 4,212
    66 shares of OPEN SOLUTIONS INC OPEN 4,955 5,486
    505 shares of OWENS AND MINOR INC OMI 16,310 17,417
    75 shares of PACIFIC BIOSCIENCES OF CALIF PACB 873 878
    179 shares of PEPSICO INC PEP 11,441 12,607
    1576 shares of PFIZER INC. PFE 36,715 32,465
    467 shares of PITNEY BOWES INC. PBI 11,570 10,736
    612 shares of PNC FINANCIAL GROUP INC. PNC 39,921 36,480
    607 shares of POOL CORPORATION - COMMON STOCK POOL 12,637 18,095
    1050 shares of PORTUGAL TELECOM SGPS PT 11,008 10,332
    84 shares of PRECISION CASTPARTS PCP 8,699 13,831
    199 shares of R L I CP RLI 11,464 12,322
    656 shares of R R DONNELLEY SONS CO RRD 17,644 12,864
    201 shares of RBC BEARINGS INCORPORATED ROLL 3,989 7,590
    315 shares of REYNOLDS AMERN INC RAI 6,180 11,671
    85 shares of ROFIN-SINAR TECHNOLOGIES, INC. - COMMON STOCK RSTI 2,034 2,903
    342 shares of ROLLINS INC ROL 3,919 6,970
    137 shares of ROSS STORES, INC. ROST 10,772 10,976
    160 shares of ROYAL DUTCH SHELL PLC RDS-A 13,144 11,381
    113 shares of RUE21 INCCOM RUE 3,173 3,673
    565 shares of SAFEWAY INC NEW SWY 12,140 13,204
    25 shares of SALESFORCE.COM CRM 3,475 3,725
    331 shares of SALLY BEAUTY HLDG SBH 1,656 5,660
    795 shares of SANOFI-AVENTIS SPONSORED ADR SNY 30,868 31,934
    83 shares of SCOTTS CO. CLASS A SMG 4,550 4,259
    227 shares of SEI INVESTMENTS SEIC 2,436 5,110
    249 shares of SENSATA TECHNOLOGIES HOLDINGS ST 4,648 9,375
    275 shares of SEVEN I HOLDINGS C SVNDY.PK 12,979 14,889
    395 shares of SONY CORP ADR SNE 12,929 10,424
    222 shares of STATE STREET CORPORATION STT 9,130 10,010
    282 shares of STEINER LEISURE LIMITED - COMMON SHARES STNR 12,148 12,882
    915 shares of STMICROELECTRONICS STM 15,419 9,113
    384 shares of SUPERVALU INC SVU 12,318 3,613
    225 shares of SWISS RE LTD-SPN ADR SWCEF.PK 13,172 12,589
    365 shares of TAKEDA PHARMACEUTICAL CO LTD TKPYY.PK 8,441 8,424
    330 shares of TE CONNECTIVITY LTD TEL 11,679 12,131
    265 shares of TECHNE CORPORATION TECH 15,905 22,093
    260 shares of TELE NORTE LESTE TNE 5,577 4,033
    1615 shares of TELECOM ITALIA ADR TI 43,867 22,449
    201 shares of TELEFONICA S A ADR TEF 2,210 4,922
    565 shares of TELEFONOS DE MEX L TMX 7,219 9,323
    365 shares of TEMPUR PEDIC INTERNATIONAL INC. TPX 6,026 24,754
    76 shares of TESLA MOTORS INC TSLA 2,293 2,214
    1538 shares of THE WENDYS CO WEN 7,698 7,798
    44 shares of TIM PARTICIPACOES S A SPONSORED ADR REPSTG PFD TSU 911 2,165
    339 shares of TIME WARNER INC. TWX 10,684 12,329
    300 shares of TOKIO MARINE HOLDINGS INC TKOMY.PK 8,103 8,406
    780 shares of TOTAL FINA ELF S.A. TOT 47,676 45,114
    230 shares of TOYOTA MTR CORP TM 16,949 18,957
    190 shares of TRAVELERS COMPANIES INC THE TRV 6,800 11,092
    123 shares of ULTA SALON, COSMETICS FRAGRANCE, INC. ULTA 4,701 7,943
    285 shares of ULTRA PETROLEUM CORP UPL 13,397 13,053
    398 shares of UMPQUA HOLDINGS CORPORATION UMPQ 5,169 4,605
    570 shares of UNILEVER N V N Y UN 13,030 18,725
    65 shares of UNIVERSAL HLTH SVC B UHS 2,102 3,349
    125 shares of V F CORP VFC 7,109 13,570
    117 shares of VAIL RESORTS INC MTN 5,978 5,408
    470 shares of VALERO ENERGY CORP NEW VLO 8,004 12,018
    22 shares of VALMONT INDUSTRIES INC VMI 1,740 2,121
    64 shares of VARIAN MEDICAL SYSTEMS INC VAR 2,194 4,481
    134 shares of VERISK ANALYTICS, INC VRSK 4,365 4,639
    127 shares of VIVO PARTICIPACOES SASPONSORED ADR REPSTG PFD VIV 1,221 3,772
    526 shares of WALT DISNEY HOLDINGS CO. DIS 15,280 20,535
    853 shares of WELLS FARGO CO. WFC 37,849 23,935
    440 shares of WESTERN DIGITAL CORP WDC 11,127 16,007
    148 shares of WILEY JOHN SONS INC CL A JW-A 4,985 7,697
    490 shares of WILLIAMS SONOMA INC. WSM 14,991 17,880
    58 shares of WYNN RESORTS LIMITED COMMON WYNN 8,066 8,325
    2315 shares of XEROX CP XRX 29,729 24,099
    103 shares of ZIPCAR INC COM ZIP 2,754 2,102

    TY 2010 OtherExpensesSchedule
    Name:
    The Mary Peace Sterling Foundation
    EIN: 57-1114028
    Software ID:10000149
    Software Version:2010.2.15
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 5,438     5,438
    Administrative SetUp Fee 3,750     3,750
    Bank Charges 282 282    


    TY 2010 OtherIncomeSchedule2
    Name:
    The Mary Peace Sterling Foundation
    EIN: 57-1114028
    Software ID:10000149
    Software Version:2010.2.15
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LAZARD LTD K-1 Pass-Through Share of Partnership Income/Loss 24 24  


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    The Mary Peace Sterling Foundation
    EIN: 57-1114028
    Software ID:10000149
    Software Version:2010.2.15
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 21,052 21,052    
    Accounting Services 18,766     18,766


    TY 2010 TaxesSchedule
    Name:
    The Mary Peace Sterling Foundation
    EIN: 57-1114028
    Software ID:10000149
    Software Version:2010.2.15
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Estimated Tax for 2011 1,400 0 0 0
    Foreign Tax Paid 3,623 3,623 0 0