Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2010
For calendar year 2010, or tax year beginning 01-01-2010 , and ending 12-31-2010
G
Check all that apply:
Name of foundation
REN D & DOROTHY M LATCHAW CHARITABLE TRUST
 

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 94651   Room/suite
City or town, state, and ZIP code
CLEVELAND, OH44101
A Employer identification number

23-7895230
B Telephone number (see page 10 of the instructions)

(216) 257-4699
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$3,475,941J 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      
4 Dividends and interest from securities...... 89,000 89,000  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 123,823
b Gross sales price for all assets on line 6a 1,825,433
7 Capital gain net income (from Part IV, line 2)... 123,823
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 212,823 212,823  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 28,906 14,453   14,453
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 700 0 0 700
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 2,762 831   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 25     25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 32,393 15,284 0 15,178
25 Contributions, gifts, grants paid........ 76,979 76,979
26 Total expenses and disbursements. Add lines 24 and 25 109,372 15,284 0 92,157
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 103,451
b Net investment income (if negative, enter -0-) 197,539
c Adjusted net income (if negative, enter -0-)... 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.......... 166,873 108,747 108,747
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)........ 2,018,459 1,972,225 2,339,570
c Investments—corporate bonds (attach schedule)........ 668,561 1,005,811 1,025,874
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 132,650 Click to see attachment1,751 1,750
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) 2,986,543 3,088,534 3,475,941
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......... 2,986,543 3,088,534
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).................... 2,986,543 3,088,534
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,986,543 3,088,534
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 2,986,543
2 Enter amount from Part I, line 27a...................... 2 103,451
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 716
4 Add lines 1, 2, and 3.......................... 4 3,090,710
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 2,176
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 3,088,534
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 35. APPLE COMPUTER INC COM   2009-06-01 2010-01-14
b 500. BRISTOL MYERS SQUIBB CO889898 COM   2009-08-07 2010-01-14
c 485. COCA-COLA CO COM   2009-06-01 2010-01-14
d 400. GILEAD SCIENCES INC COM   2008-12-05 2010-01-14
e 1080. HOME DEPOT INC COM   2008-05-06 2010-01-14
1100. HUDSON CITY BANCORP INC   2009-08-07 2010-01-14
300. ITT INDUSTRIES INC COM   2009-06-24 2010-01-14
10. ITT INDUSTRIES INC COM   2009-08-07 2010-01-14
250. LUBRIZOL CORP COM   2009-08-07 2010-01-14
340. MICROSOFT CORP COM   2008-03-10 2010-01-14
100000. FEDERAL NATL MTG ASSN DEB DTD 1-14-00 7.250% DUE 1-15-2010   2000-02-14 2010-01-15
365. COLGATE-PALMOLIVE CO COM   2009-06-01 2010-02-04
300. MCKESSON HBOC INC COMMN   2009-08-07 2010-02-04
944.386 ASTON TAMRO SMALL CAP FUND CL I   2007-01-29 2010-04-14
2531.86 T ROWE PRICE EMERGING MARKETS STOCK FUND   2007-02-08 2010-04-14
2053.388 VANGUARD FIXED INCOME SECURITIES FD INC SHORT TERM BOND PORTF   2009-03-26 2010-04-14
14.474 VANGUARD FIXED INCOME SECS FD INTER TERM CORP PORTFOLIO #71   2009-03-26 2010-04-14
.076 VANGUARD FIXED INCOME SECS FD INTER TERM CORP PORTFOLIO #71   2009-12-30 2010-04-14
85. AT&T INC   2008-07-25 2010-04-15
65. AMERICAN ELECTRIC POWER INC COM   2009-12-09 2010-04-15
105. AMGEN INC CO COM   2008-12-05 2010-04-15
60. APACHE CORP COM   2008-08-19 2010-04-15
15. APPLE COMPUTER INC COM   2009-06-01 2010-04-15
105. BAXTER INTERNATIONAL INC COM   2009-01-27 2010-04-15
420. CSX CORP COM   2009-06-01 2010-04-15
115. CELANESE CORP-SERIES A   2009-06-01 2010-04-15
30. CHUBB CORP COM   2009-08-07 2010-04-15
30. EXXON MOBIL CORP COM   2009-11-24 2010-04-15
195. FEDEX CORP COM   2009-09-22 2010-04-15
80. FREEPORT MCMORAN COPPER&GOLD CL B   2009-06-01 2010-04-15
105. GOLDMAN SACHS GROUP INC COM   2009-06-01 2010-04-15
7. GOOGLE INC CL A   2008-02-08 2010-04-15
150. W W GRAINGER INC COM   2009-08-07 2010-04-15
505. ILLINOIS TOOL WORKS INC COM   2009-10-30 2010-04-15
440. INTEL CORP COM   2008-07-16 2010-04-15
715. INTERNATIONAL PAPER CO COM   2009-09-22 2010-04-15
70. INTERNATIONAL PAPER CO COM   2010-01-14 2010-04-15
30. J P MORGAN CHASE & CO COM   2009-06-01 2010-04-15
250. JOHNSON & JOHNSON COM   2009-06-01 2010-04-15
30. JOHNSON CONTROLS INC COM   2010-01-14 2010-04-15
20. ESTEE LAUDER COMPANIES INC CL A   2010-02-04 2010-04-15
115. MASTERCARD INC CL A   2009-12-09 2010-04-15
400. MEDCO HEALTH SOLUTIONS INC   2008-10-07 2010-04-15
30. MERCK & CO INC   2010-01-14 2010-04-15
85. MICROSOFT CORP COM   2006-07-24 2010-04-15
45. OCCIDENTAL PETROLEUM CORP COM   2005-07-15 2010-04-15
130. ORACLE CORPORATION   2004-12-29 2010-04-15
30. PEPSICO INC COM   2009-11-24 2010-04-15
80. PFIZER INC COM   2010-01-14 2010-04-15
25. PRICE T ROWE GROUP INC COM   2009-08-07 2010-04-15
30. PROCTER & GAMBLE CO COM   2009-11-24 2010-04-15
710. QUALCOMM INC COM   2004-12-29 2010-04-15
45. ROCKWELL INTL CORP NEW COM   2009-12-09 2010-04-15
25. ROSS STORES INC COM   2009-08-07 2010-04-15
220. SCHLUMBERGER LTD COM   2008-10-09 2010-04-15
565. SCRIPPS NETWORKS INTERAC CL A   2009-12-09 2010-04-15
300. TEVA PHARMACEUTICAL INDS LTD ADR   2009-03-02 2010-04-15
30. 3M COMPANY COM   2009-12-09 2010-04-15
40. UNITED TECHNOLOGIES CORP COM   2009-12-09 2010-04-15
625. VERIZON COMMUNICATIONS COM   2008-11-25 2010-04-15
35. VIACOM INC CLASS B WI   2009-08-07 2010-04-15
220. WAL-MART STORES INC COM   2007-12-27 2010-04-15
1000. WILLIAMS CO INC DEL COM   2009-11-24 2010-04-15
30. WISCONSIN ENERGY CORP COM   2009-09-22 2010-04-15
35. COVIDIEN PLC EXCH 03/18/11   2010-02-04 2010-04-15
90. AT&T INC   2008-07-25 2010-05-04
40. ALLERGAN INC COM   2010-04-15 2010-05-04
15. AMAZON.COM INC COM   2010-04-15 2010-05-04
50. AMERICAN ELECTRIC POWER INC COM   2009-12-09 2010-05-04
50. AMERICAN EXPRESS CO COM   2009-11-24 2010-05-04
45. AMERICAN TOWER CORP CL A   2010-04-15 2010-05-04
75. AMERISOURCEBERGEN CORP COM   2010-04-15 2010-05-04
45. AMERIPRISE FINANCIAL INC   2010-01-14 2010-05-04
25. AMGEN INC CO COM   2008-12-05 2010-05-04
40. APACHE CORP COM   2008-08-19 2010-05-04
25. APPLE COMPUTER INC COM   2009-06-01 2010-05-04
105. BANK OF AMER CORP COM   2010-04-15 2010-05-04
45. BAXTER INTERNATIONAL INC COM   2009-01-27 2010-05-04
10. BROADCOM CORP CL A   2009-06-24 2010-05-04
45. BROADCOM CORP CL A   2010-04-15 2010-05-04
375. CAMERON INTL CORP   2010-04-15 2010-05-04
55. CELANESE CORP-SERIES A   2009-06-01 2010-05-04
30. CHUBB CORP COM   2009-08-07 2010-05-04
95. CISCO SYS INC COM   2006-01-20 2010-05-04
60. COACH INC COM   2010-04-15 2010-05-04
35. CUMMINS ENGINE   2010-04-15 2010-05-04
40. DOLBY LABORATORIES INC CLASS A   2010-01-14 2010-05-04
30. DOLLAR TREE INC   2010-01-14 2010-05-04
130. E M C CORP MASS COM   2009-12-09 2010-05-04
90. EBAY INC COM   2010-04-15 2010-05-04
30. EMERSON ELECTRIC CO COM   2010-04-15 2010-05-04
70. EXXON MOBIL CORP COM   2009-11-24 2010-05-04
210. FORD MTR CO DEL COM PAR $0.01   2010-01-14 2010-05-04
20. FRANKLIN RESOURCES INC COM   2009-09-22 2010-05-04
20. FREEPORT MCMORAN COPPER&GOLD CL B   2009-06-01 2010-05-04
120. GENERAL ELECTRIC CO COM   2010-04-15 2010-05-04
35. GENERAL MILLS INC COM   2010-01-14 2010-05-04
145. GOLDMAN SACHS GROUP INC COM   2009-06-01 2010-05-04
5. GOOGLE INC CL A   2008-02-08 2010-05-04
95. INTEL CORP COM   2008-07-16 2010-05-04
25. INTERNATIONAL BUSINESS MACHS CORP COM   2010-04-15 2010-05-04
105. J P MORGAN CHASE & CO COM   2009-06-01 2010-05-04
35. JOHNSON & JOHNSON COM   2009-06-01 2010-05-04
85. JOHNSON CONTROLS INC COM   2010-01-14 2010-05-04
35. KOHLS CORP COM   2010-04-15 2010-05-04
35. ESTEE LAUDER COMPANIES INC CL A   2010-02-04 2010-05-04
35. MERCK & CO INC   2010-01-14 2010-05-04
50. METLIFE INC COM   2009-09-22 2010-05-04
155. MICROSOFT CORP COM   2006-07-24 2010-05-04
175. NEWS CORPORATION CL A   2010-04-15 2010-05-04
35. OCCIDENTAL PETROLEUM CORP COM   2005-07-15 2010-05-04
130. ORACLE CORPORATION   2004-12-29 2010-05-04
30. PPG INDUSTRIES INC COM   2010-04-15 2010-05-04
30. PARKER HANNIFIN CORP COM   2010-04-15 2010-05-04
50. PEPSICO INC COM   2009-11-24 2010-05-04
150. PFIZER INC COM   2010-01-14 2010-05-04
35. PRICE T ROWE GROUP INC COM   2009-08-07 2010-05-04
60. PROCTER & GAMBLE CO COM   2009-11-24 2010-05-04
45. ROCKWELL INTL CORP NEW COM   2009-12-09 2010-05-04
35. ROSS STORES INC COM   2009-08-07 2010-05-04
25. SCHLUMBERGER LTD COM   2008-10-09 2010-05-04
25. SHIRE PHARMACEUTICAL GROUP SPONSORED ADR   2010-04-15 2010-05-04
45. SMUCKER J M CO COM NEW   2010-01-14 2010-05-04
30. 3M COMPANY COM   2009-12-09 2010-05-04
100. US BANCORP DEL COM NEW   2010-04-15 2010-05-04
20. UNION PACIFIC CORP COM   2010-04-15 2010-05-04
40. UNITED TECHNOLOGIES CORP COM   2009-12-09 2010-05-04
70. UNITEDHEALTH GROUP INC COM   2010-04-15 2010-05-04
65. VIACOM INC CLASS B WI   2009-08-07 2010-05-04
50. WAL-MART STORES INC COM   2007-12-27 2010-05-04
110. WELLS FARGO & CO COM NEW   2010-04-15 2010-05-04
45. WISCONSIN ENERGY CORP COM   2009-09-22 2010-05-04
50. COOPER INDUSTRIES PLC SEDOL B40K911 ISIN IE00B40K9117   2010-01-14 2010-05-04
45. COVIDIEN PLC EXCH 03/18/11   2010-02-04 2010-05-04
60. NOBLE CORPORATION SEDOL: B65Z9D7   2009-08-07 2010-05-04
380. BAXTER INTERNATIONAL INC COM   2009-01-27 2010-05-12
810. US BANCORP DEL COM NEW   2010-04-15 2010-05-12
380. AMERICAN TOWER CORP CL A   2010-04-15 2010-05-25
300. KOHLS CORP COM   2009-08-07 2010-05-25
40. KOHLS CORP COM   2010-04-15 2010-05-25
1480. NEWS CORPORATION CL A   2010-04-15 2010-05-25
140. FRANKLIN RESOURCES INC COM   2009-09-22 2010-05-28
270. ESTEE LAUDER COMPANIES INC CL A   2010-02-04 2010-05-28
180. FREEPORT MCMORAN COPPER&GOLD CL B   2009-06-01 2010-06-09
440. NOBLE CORPORATION SEDOL: B65Z9D7   2009-08-07 2010-06-09
600. EBAY INC COM   2009-08-07 2010-06-17
160. EBAY INC COM   2010-04-15 2010-06-17
320. OCCIDENTAL PETROLEUM CORP COM   2005-07-15 2010-07-20
50000. BARCLAYS COMMODITY NOTE 20% BUFFER; 125% PARTICIPATION   2008-06-23 2010-08-04
40000. CREDIT SUISSE ABSOLUTE RET. NOTE 0% BUFFER 325% PARTICIPATION   2008-06-27 2010-08-04
710. JOHNSON CONTROLS INC COM   2009-09-22 2010-08-04
180. SCHLUMBERGER LTD COM   2008-10-09 2010-08-04
40000. JPMORGAN ABSOLUTE RETURN NOTE 0% BUFFER 260% PARTICIPATION   2008-06-27 2010-08-05
55. CUMMINS ENGINE   2010-01-14 2010-08-17
5. CUMMINS ENGINE   2010-04-15 2010-08-17
70. DOLBY LABORATORIES INC CLASS A   2010-01-14 2010-08-17
290. ROSS STORES INC COM   2009-08-07 2010-08-17
100. CUMMINS ENGINE   2010-01-14 2010-08-23
360. ROCKWELL INTL CORP NEW COM   2009-09-22 2010-08-23
210. HESS CORPORATION   2010-05-04 2010-09-28
140. AT&T INC   2008-07-25 2010-10-07
70. ALLERGAN INC COM   2010-04-15 2010-10-07
20. AMAZON.COM INC COM   2010-04-15 2010-10-07
110. AMERICAN ELECTRIC POWER INC COM   2009-12-09 2010-10-07
60. AMERICAN EXPRESS CO COM   2009-11-24 2010-10-07
95. AMERISOURCEBERGEN CORP COM   2010-02-04 2010-10-07
45. AMERISOURCEBERGEN CORP COM   2010-04-15 2010-10-07
70. AMERIPRISE FINANCIAL INC   2010-01-14 2010-10-07
40. AMGEN INC CO COM   2008-12-05 2010-10-07
60. APACHE CORP COM   2008-08-19 2010-10-07
40. APPLE COMPUTER INC COM   2009-06-01 2010-10-07
220. BANK OF AMER CORP COM   2010-04-15 2010-10-07
100. BROADCOM CORP CL A   2009-06-24 2010-10-07
70. CAPITAL ONE FINL CORP COM   2010-05-04 2010-10-07
110. CELANESE CORP-SERIES A   2010-06-09 2010-10-07
90. CENTURYTEL INC COM   2010-05-25 2010-10-07
100. CHEVRONTEXACO CORP COM   2010-09-28 2010-10-07
60. CHUBB CORP COM   2009-08-07 2010-10-07
200. CISCO SYS INC COM   2006-01-20 2010-10-07
980. CITIGROUP INC COM   2010-05-04 2010-10-07
10. COACH INC COM   2009-08-07 2010-10-07
90. COACH INC COM   2010-04-15 2010-10-07
50. COCA-COLA CO COM   2010-08-17 2010-10-07
30. CUMMINS ENGINE   2010-01-14 2010-10-07
50. DOLBY LABORATORIES INC CLASS A   2010-01-14 2010-10-07
75. DOLLAR TREE INC   2010-01-14 2010-10-07
60. E I DUPONT DENEMOURS & CO COM   2010-08-23 2010-10-07
210. E M C CORP MASS COM   2009-12-09 2010-10-07
60. EMERSON ELECTRIC CO COM   2010-04-15 2010-10-07
60. EQUITY RESIDENTIAL PPTYS TR SH BEN INT   2010-05-28 2010-10-07
120. EXXON MOBIL CORP COM   2009-06-24 2010-10-07
30. FORD MTR CO DEL COM PAR $0.01   2010-08-04 2010-10-07
230. GENERAL ELECTRIC CO COM   2010-04-15 2010-10-07
100. GENERAL MILLS INC COM   2010-01-14 2010-10-07
40. GENERAL MILLS INC COM   2010-04-15 2010-10-07
10. GOOGLE INC CL A   2008-02-08 2010-10-07
100. HERSHEY FOODS CORP COM   2010-06-09 2010-10-07
70. HEWLETT-PACKARD CO COM   2010-06-17 2010-10-07
150. INTEL CORP COM   2008-07-16 2010-10-07
35. INTERNATIONAL BUSINESS MACHS CORP COM   2009-06-01 2010-10-07
5. INTERNATIONAL BUSINESS MACHS CORP COM   2010-04-15 2010-10-07
190. J P MORGAN CHASE & CO COM   2009-06-01 2010-10-07
60. JOHNSON & JOHNSON COM   2009-06-01 2010-10-07
150. LIMITED INC COM   2010-05-25 2010-10-07
170. MATTEL INC COM   2010-05-25 2010-10-07
80. MERCK & CO INC   2010-01-14 2010-10-07
60. METLIFE INC COM   2009-09-22 2010-10-07
280. MICROSOFT CORP COM   1998-04-09 2010-10-07
120. NATIONAL OIL-WELL INC COM   2010-09-28 2010-10-07
220. ORACLE CORPORATION   2004-12-29 2010-10-07
40. PPG INDUSTRIES INC COM   2010-04-15 2010-10-07
230. PARKER HANNIFIN CORP COM   2010-04-15 2010-10-07
80. PEPSICO INC COM   2009-11-24 2010-10-07
330. PFIZER INC COM   2010-01-14 2010-10-07
60. PRICE T ROWE GROUP INC COM   2009-08-07 2010-10-07
100. PROCTER & GAMBLE CO COM   2009-11-24 2010-10-07
5102.041 T ROWE PRICE SHORT TERM BOND FD FD 55   2010-04-14 2010-10-07
50. SHIRE PHARMACEUTICAL GROUP SPONSORED ADR   2010-04-15 2010-10-07
60. SMUCKER J M CO COM NEW   2010-01-14 2010-10-07
110. STARBUCKS CORP COM   2010-05-12 2010-10-07
35. 3M COMPANY COM   2009-12-09 2010-10-07
15. 3M COMPANY COM   2009-08-07 2010-10-07
40. UNION PACIFIC CORP COM   2010-04-15 2010-10-07
55. UNITED TECHNOLOGIES CORP COM   2009-12-09 2010-10-07
5. UNITED TECHNOLOGIES CORP COM   2009-06-01 2010-10-07
120. UNITEDHEALTH GROUP INC COM   2010-04-15 2010-10-07
100. VIACOM INC CLASS B WI   2009-06-29 2010-10-07
90. WAL-MART STORES INC COM   2007-12-27 2010-10-07
180. WELLS FARGO & CO COM NEW   2010-04-15 2010-10-07
90. WISCONSIN ENERGY CORP COM   2009-06-24 2010-10-07
90. COVIDIEN PLC EXCH 03/18/11   2010-01-14 2010-10-07
40. CORE LABORATORIES N V ORD   2010-06-09 2010-10-07
140. AMGEN INC CO COM   2008-12-05 2010-11-24
130. APACHE CORP COM   2008-08-19 2010-11-24
230. METLIFE INC COM   2009-09-22 2010-11-24
230. EMERSON ELECTRIC CO COM   2010-04-15 2010-12-08
210. 3M COMPANY COM   2009-08-07 2010-12-08
CAPITAL GAIN DIVIDENDS P    
(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 7,332   4,893 2,439
b 12,447   11,010 1,437
c 27,602   23,712 3,890
d 18,184   18,064 120
e 30,441   31,544 -1,103
15,266   15,950 -684
15,250   13,237 2,013
508   496 12
19,493   14,918 4,575
10,472   9,585 887
100,000   99,733 267
29,258   25,254 4,004
17,950   15,963 1,987
18,000   18,700 -700
81,323   66,283 15,040
22,012   20,000 2,012
142   123 19
1   1  
2,218   2,696 -478
2,178   2,248 -70
6,354   5,889 465
6,339   6,483 -144
3,710   2,097 1,613
6,234   6,107 127
23,103   14,228 8,875
3,942   2,524 1,418
1,570   1,446 124
2,050   2,280 -230
18,883   14,902 3,981
6,777   4,676 2,101
19,353   15,225 4,128
4,166   3,742 424
16,104   13,627 2,477
24,825   23,194 1,631
10,595   9,294 1,301
20,034   16,524 3,510
1,961   1,842 119
1,438   1,101 337
16,297   13,984 2,313
1,008   893 115
1,337   1,119 218
30,200   27,780 2,420
24,950   17,330 7,620
1,081   1,193 -112
2,618   2,126 492
3,843   1,775 2,068
3,399   2,194 1,205
1,979   1,875 104
1,357   1,550 -193
1,461   1,210 251
1,884   1,875 9
30,458   28,831 1,627
2,713   2,084 629
1,408   1,132 276
14,698   14,942 -244
24,594   22,798 1,796
18,753   13,141 5,612
2,522   2,394 128
2,970   2,695 275
18,493   18,857 -364
1,260   872 388
11,917   10,657 1,260
24,170   20,321 3,849
1,529   1,349 180
1,810   1,777 33
2,315   2,854 -539
2,504   2,506 -2
1,928   2,181 -253
1,681   1,730 -49
2,276   2,077 199
1,849   1,889 -40
2,314   2,198 116
2,061   1,888 173
1,415   1,402 13
4,020   4,322 -302
6,444   3,495 2,949
1,845   2,060 -215
2,038   2,618 -580
332   248 84
1,495   1,615 -120
14,629   17,135 -2,506
1,625   1,207 418
1,547   1,446 101
2,515   1,794 721
2,493   2,557 -64
2,474   2,356 118
2,636   2,043 593
1,834   1,481 353
2,458   2,353 105
2,060   2,436 -376
1,499   1,575 -76
4,628   5,319 -691
2,697   2,449 248
2,257   2,051 206
1,400   1,169 231
2,217   2,360 -143
2,514   2,504 10
21,870   21,025 845
2,536   2,577 -41
2,135   2,007 128
3,186   3,267 -81
4,467   3,852 615
2,256   1,958 298
2,741   2,529 212
1,954   2,017 -63
2,266   1,958 308
1,255   1,392 -137
2,234   1,970 264
4,635   3,725 910
2,672   2,761 -89
3,006   1,381 1,625
3,210   1,802 1,408
2,034   2,073 -39
2,029   2,108 -79
3,272   3,125 147
2,591   2,907 -316
2,003   1,694 309
3,701   3,750 -49
2,702   2,084 618
1,935   1,585 350
1,718   1,698 20
1,638   1,693 -55
2,727   2,801 -74
2,619   2,394 225
2,636   2,816 -180
1,493   1,541 -48
2,948   2,695 253
2,054   2,138 -84
2,238   1,619 619
2,707   2,408 299
3,627   3,702 -75
2,374   2,023 351
2,482   2,160 322
2,110   2,285 -175
2,281   2,049 232
17,074   22,103 -5,029
21,627   22,810 -1,183
14,779   15,949 -1,170
14,985   15,936 -951
1,998   2,305 -307
18,381   23,353 -4,972
13,944   14,359 -415
15,879   15,105 774
11,345   10,522 823
12,501   15,009 -2,508
13,278   13,734 -456
3,541   4,331 -790
25,580   12,625 12,955
42,125   50,900 -8,775
40,716   40,000 716
20,703   19,114 1,589
11,320   12,225 -905
29,580   40,000 -10,420
4,444   2,922 1,522
404   337 67
4,093   3,575 518
14,510   13,131 1,379
7,939   5,312 2,627
18,306   16,046 2,260
12,061   12,997 -936
3,924   4,440 -516
4,646   4,385 261
3,085   2,908 177
3,952   3,805 147
2,272   2,492 -220
3,013   2,637 376
1,427   1,319 108
3,493   2,937 556
2,232   2,243 -11
5,909   6,483 -574
11,507   5,591 5,916
2,904   4,315 -1,411
3,515   2,327 1,188
2,757   3,221 -464
3,598   2,961 637
3,571   2,978 593
8,297   7,964 333
3,351   2,891 460
4,418   3,777 641
4,029   4,234 -205
433   304 129
3,899   3,836 63
2,961   2,811 150
2,731   1,594 1,137
2,888   2,554 334
3,698   2,468 1,230
2,741   2,447 294
4,076   3,547 529
3,180   3,151 29
2,907   2,734 173
7,616   8,346 -730
397   395 2
3,905   4,524 -619
3,715   3,577 138
1,486   1,410 76
5,302   5,154 148
4,794   5,058 -264
2,831   3,357 -526
2,885   3,168 -283
4,822   3,796 1,026
689   653 36
7,450   6,970 480
3,782   3,356 426
4,242   3,618 624
3,988   3,544 444
2,948   3,182 -234
2,357   2,365 -8
6,824   6,597 227
5,408   5,223 185
6,092   3,049 3,043
2,956   2,764 192
16,107   16,162 -55
5,258   5,000 258
5,735   6,395 -660
3,073   2,905 168
6,091   6,216 -125
25,000   24,745 255
3,382   3,387 -5
3,719   3,734 -15
2,848   3,025 -177
3,096   2,793 303
1,327   1,100 227
3,330   3,081 249
3,984   3,705 279
362   276 86
4,126   3,666 460
3,617   2,367 1,250
4,864   4,335 529
4,653   6,057 -1,404
5,216   3,719 1,497
3,685   4,462 -777
3,428   2,796 632
7,537   7,851 -314
14,069   13,899 170
8,781   9,064 -283
12,930   12,077 853
17,606   15,401 2,205
      49
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       2,439
b       1,437
c       3,890
d       120
e       -1,103
      -684
      2,013
      12
      4,575
      887
      267
      4,004
      1,987
      -700
      15,040
      2,012
      19
       
      -478
      -70
      465
      -144
      1,613
      127
      8,875
      1,418
      124
      -230
      3,981
      2,101
      4,128
      424
      2,477
      1,631
      1,301
      3,510
      119
      337
      2,313
      115
      218
      2,420
      7,620
      -112
      492
      2,068
      1,205
      104
      -193
      251
      9
      1,627
      629
      276
      -244
      1,796
      5,612
      128
      275
      -364
      388
      1,260
      3,849
      180
      33
      -539
      -2
      -253
      -49
      199
      -40
      116
      173
      13
      -302
      2,949
      -215
      -580
      84
      -120
      -2,506
      418
      101
      721
      -64
      118
      593
      353
      105
      -376
      -76
      -691
      248
      206
      231
      -143
      10
      845
      -41
      128
      -81
      615
      298
      212
      -63
      308
      -137
      264
      910
      -89
      1,625
      1,408
      -39
      -79
      147
      -316
      309
      -49
      618
      350
      20
      -55
      -74
      225
      -180
      -48
      253
      -84
      619
      299
      -75
      351
      322
      -175
      232
      -5,029
      -1,183
      -1,170
      -951
      -307
      -4,972
      -415
      774
      823
      -2,508
      -456
      -790
      12,955
      -8,775
      716
      1,589
      -905
      -10,420
      1,522
      67
      518
      1,379
      2,627
      2,260
      -936
      -516
      261
      177
      147
      -220
      376
      108
      556
      -11
      -574
      5,916
      -1,411
      1,188
      -464
      637
      593
      333
      460
      641
      -205
      129
      63
      150
      1,137
      334
      1,230
      294
      529
      29
      173
      -730
      2
      -619
      138
      76
      148
      -264
      -526
      -283
      1,026
      36
      480
      426
      624
      444
      -234
      -8
      227
      185
      3,043
      192
      -55
      258
      -660
      168
      -125
      255
      -5
      -15
      -177
      303
      227
      249
      279
      86
      460
      1,250
      529
      -1,404
      1,497
      -777
      632
      -314
      170
      -283
      853
      2,205
       
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 2 123,823
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 113,751 2,827,037 0.040237
2008 157,888 3,636,486 0.043418
2007 122,355 4,208,639 0.029072
2006 163,357 3,878,032 0.042124
2005 163,606 3,705,856 0.044148
2 Total of line 1, column (d) ...................... 2 0.198999
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 0.0398
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 3,176,753
5 Multiply line 4 by line 3....................... 5 126,434
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,975
7 Add lines 5 and 6......................... 7 128,409
8 Enter qualifying distributions from Part XII, line 4.............. 8 92,157
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 3,951
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 0
3 Add lines 1 and 2............................ 3 3,951
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,951
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 1,340
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,340
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,611
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 taxBullet   Refunded Bullet 11 0
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)bulletPA
    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 ofbulletPNC BANK NA Telephone no.bullet (216) 257-4699
    Located atbulletP O BOX 94651CLEVELANDOH ZIP+4bullet441014651
    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
    Yes
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    PNC BANK NA TRUSTEE
    3     		28,906    
    P O BOX 94651
    CLEVELAND,OH441014651
    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 0
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    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
    3,225,130
    b
    Average of monthly cash balances.......................
    1b
    0
    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
    3,225,130
    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
    0
    3
    Subtract line 2 from line 1d..........................
    3
    3,225,130
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    48,377
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,176,753
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    158,838
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    158,838
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    3,951
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,951
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    154,887
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    154,887
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    154,887
    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
    92,157
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    92,157
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    92,157
    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 7 154,887
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 47,909
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2010:
    a From 2005....... 0
    b From 2006....... 0
    c From 2007....... 0
    d From 2008....... 0
    e From 2009....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 92,157
    a Applied to 2009, but not more than line 2a 47,909
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		 0
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		0
    d Applied to 2010 distributable amount..... 44,248
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2010. 0 0
    (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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		0
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		110,639
    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) ...........     		0
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		0
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2006.... 0
    b Excess from 2007.... 0
    c Excess from 2008.... 0
    d Excess from 2009.... 0
    e Excess from 2010.... 0
    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).)
    NONE
    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.
    NONE
    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
    BPOE ELKS #110 CHARITY COMMITTEE
    1309 BUFFALO STREET
    FRANKLIN,PA16323     		NONE PUBLIC GENERAL SUPPORT 32,331
    YOUNG MENS CHRISTIAN ASSN
    111 WEST PARK STREET
    FRANKLIN,PA16323     		NONE PUBLIC GENERAL SUPPORT 6,158
    FIRST BAPTIST CHURCH OF FRANKLIN
    1041 LIBERTY STREET
    FRANKLIN,PA163231242     		NONE PUBLIC GENERAL SUPPORT 25,403
    SHRINERS HOSPITALS FOR CHILDREN
    P O BOX 863770
    ORLANDO,FL328863770     		NONE PUBLIC GENERAL SUPPORT 13,087
    Total .................................bullet 3a 76,979
    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          
    4 Dividends and interest from securities....     14 89,000  
    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     18 123,823  
    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)..   212,823  
    13Total. Add line 12, columns (b), (d), and (e)...................
    13212,823
    (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:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2010 AccountingFeesSchedule
    Name:
    REN D & DOROTHY M LATCHAW CHARITABLE TRUST
    EIN: 23-7895230
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PNC BANK, NA 700     700

    TY 2010 CompensationExplanation
    Name:
    REN D & DOROTHY M LATCHAW CHARITABLE TRUST
    EIN: 23-7895230
    Person Name Explanation
    PNC BANK NA TRUSTEE FEES

    TY 2010 InvestmentsOtherSchedule2
    Name:
    REN D & DOROTHY M LATCHAW CHARITABLE TRUST
    EIN: 23-7895230
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OIL RIGHTS AT COST 1,751 1,750
    ALTERNATIVE INVESTMENTS      

    TY 2010 OtherDecreasesSchedule
    Name:
    REN D & DOROTHY M LATCHAW CHARITABLE TRUST
    EIN: 23-7895230
    Description Amount
    POSTED SUBSEQ YR FOR CURR YR 2,176


    TY 2010 OtherExpensesSchedule
    Name:
    REN D & DOROTHY M LATCHAW CHARITABLE TRUST
    EIN: 23-7895230
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISC FOUNDATION EXPENSES 25 0   25


    TY 2010 OtherIncreasesSchedule
    Name:
    REN D & DOROTHY M LATCHAW CHARITABLE TRUST
    EIN: 23-7895230
    Description Amount
    POSTED CURR YR FOR PR YR 433
    ROUNDING ADJUSTMENT 8
    MARKETING FEE REBATE 274
    BASIS ADJUSTMENT 1


    TY 2010 TaxesSchedule
    Name:
    REN D & DOROTHY M LATCHAW CHARITABLE TRUST
    EIN: 23-7895230
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 27 27   0
    FEDERAL TAX PAYMENT - PRIOR YE 591 0   0
    FEDERAL ESTIMATES - PRINCIPAL 1,340 0   0
    FOREIGN TAXES ON QUALIFIED FOR 437 437   0
    FOREIGN TAXES ON NONQUALIFIED 367 367   0