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
JEANETTE E & BENJAMIN F HUNTER SCHOLARSHIP
 

Number and street (or P.O. box number if mail is not delivered to street address)REGIONS BANK TRUST DEPT PO BOX 2886   Room/suite
City or town, state, and ZIP code
MOBILE, AL366522886
A Employer identification number

37-6022836
B Telephone number (see page 10 of the instructions)

(251) 690-1024
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$4,682,270J 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...... 30,857 31,093  
5a Gross rents.............. 159,690 159,690  
b Net rental income or (loss) 109,268
6a Net gain or (loss) from sale of assets not on line 10 9,805
b Gross sales price for all assets on line 6a 281,443
7 Capital gain net income (from Part IV, line 2)... 9,805
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)....... Click to see attachment 584    
12 Total. Add lines 1 through 11........ 200,936 200,588  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 33,202 26,561   6,640
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 900 0 0 900
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 22,152 292   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 1,915 1,915  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 48,522 48,507   15
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 106,691 77,275 0 7,555
25 Contributions, gifts, grants paid........ 112,486 112,486
26 Total expenses and disbursements. Add lines 24 and 25 219,177 77,275 0 120,041
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -18,241
b Net investment income (if negative, enter -0-) 123,313
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.......... 96,755 121,443 121,443
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) 180,315 Click to see attachment220,606 220,873
b Investments—corporate stock (attach schedule)........ 650,533 Click to see attachment657,425 905,107
c Investments—corporate bonds (attach schedule)........ 280,895 Click to see attachment192,988 202,259
11 Investments—land, buildings, and equipment: basis bullet639,429
Less: accumulated depreciation (attach schedule) bullet500,319 141,025 139,110 3,232,588
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........     0
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) 1,349,523 1,331,572 4,682,270
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......... 1,349,523 1,331,572
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).................... 1,349,523 1,331,572
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 1,349,523 1,331,572
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 1,349,523
2 Enter amount from Part I, line 27a...................... 2 -18,241
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 294
4 Add lines 1, 2, and 3.......................... 4 1,331,576
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 4
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 1,331,572
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 350. AT&T INC P 2009-07-22 2010-02-10
b 1000. AT&T INC DTD 05/13/08 5.6% 05/15/2018 P 2009-05-07 2010-09-13
c 125. AIR PRODS & CHEMICALS INC COM W/ RTS TO PURCHASE PFD SHS EXP P 2009-07-22 2010-03-09
d 5000. BP CAPITAL MARKETS PLC NORMAL 5.25% 11/0 P 2009-05-07 2010-04-01
e 1000. BP CAPITAL MARKETS PLC DTD 10/01/2010 3. P 2010-09-28 2010-09-29
1000. BARCLAYS BANK PLC DTD 04/07/2010 3.9% 04 P 2010-03-31 2010-10-07
250. BEST BUY INC P 2009-07-22 2010-02-10
10000. BLACKROCK INC DTD 12/10/2009 3.5% 12/10/ P 2010-02-11 2010-04-29
1000. CATERPILLAR INC DTD 12/05/08 7.9% 12/15/ P 2009-05-11 2010-09-13
250. CITRIX SYSTEM INC P 2009-07-22 2010-02-10
250. DARDEN RESTAURANTS INC P 2009-07-22 2010-03-31
625. DELL INC P 2009-07-22 2010-08-27
150. DEVON ENERGY CORPORATION P 2009-07-22 2010-03-31
350. WALT DISNEY CO COM P 2009-07-22 2010-08-30
5000. WALT DISNEY CO DTD 12/22/08 4.5% 12/15/2 P 2009-05-07 2010-02-09
175. EXELON CORP P 2009-07-22 2010-08-30
3376.72 FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5% 0 P 2009-05-07 2010-01-15
3258.46 FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5% 0 P 2009-05-07 2010-02-16
2031.51 FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5% 0 P 2009-05-07 2010-03-15
2573.17 FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5% 0 P 2009-05-07 2010-04-15
1227.65 FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5% 0 P 2009-05-07 2010-05-17
1567.96 FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5% 0 P 2009-05-07 2010-06-15
1965.46 FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5% 0 P 2009-05-07 2010-07-15
1139.9 FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5% 05 P 2009-05-07 2010-08-16
1151.62 FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5% 0 P 2009-05-07 2010-09-15
1627.17 FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5% 0 P 2009-05-07 2010-10-15
1802.34 FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5% 0 P 2009-05-07 2010-11-15
1706.42 FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5% 0 P 2009-05-07 2010-12-15
355.4 FEDERAL HOME LOAN MORTGAGE CORP POOL #A25399 DTD 08/01/04 6% 08 P 2009-05-07 2010-01-15
381.74 FEDERAL HOME LOAN MORTGAGE CORP POOL #A25399 DTD 08/01/04 6% 0 P 2009-05-07 2010-02-16
543.2 FEDERAL HOME LOAN MORTGAGE CORP POOL #A25399 DTD 08/01/04 6% 08 P 2009-05-07 2010-03-15
618.06 FEDERAL HOME LOAN MORTGAGE CORP POOL #A25399 DTD 08/01/04 6% 0 P 2009-05-07 2010-04-15
174.48 FEDERAL HOME LOAN MORTGAGE CORP POOL #A25399 DTD 08/01/04 6% 0 P 2009-05-07 2010-05-17
190.08 FEDERAL HOME LOAN MORTGAGE CORP POOL #A25399 DTD 08/01/04 6% 0 P 2009-05-07 2010-06-15
302. FEDERAL HOME LOAN MORTGAGE CORP POOL #A25399 DTD 08/01/04 6% 08/ P 2009-05-07 2010-07-15
480.85 FEDERAL HOME LOAN MORTGAGE CORP POOL #A25399 DTD 08/01/04 6% 0 P 2009-05-07 2010-08-16
11189.32 FEDERAL HOME LOAN MORTGAGE CORP POOL #A25399 DTD 08/01/04 6% P 2009-05-07 2010-09-13
513.78 FEDERAL HOME LOAN MORTGAGE CORP POOL #A25399 DTD 08/01/04 6% 0 P 2009-05-07 2010-09-15
1192.56 FEDERAL NATIONAL MORTGAGE ASSN POOL #745 P 2009-05-07 2010-01-25
860.87 FEDERAL NATIONAL MORTGAGE ASSN POOL #745 P 2009-05-07 2010-02-25
1333.95 FEDERAL NATIONAL MORTGAGE ASSN POOL #745 P 2009-05-07 2010-03-25
1441.51 FEDERAL NATIONAL MORTGAGE ASSN POOL #745 P 2009-05-07 2010-04-26
6646.55 FEDERAL NATIONAL MORTGAGE ASSN POOL #745 P 2009-05-07 2010-05-25
1192.12 FEDERAL NATIONAL MORTGAGE ASSN POOL #745 P 2009-05-07 2010-06-25
1064.45 FEDERAL NATIONAL MORTGAGE ASSN POOL #745 P 2009-05-07 2010-07-26
893.45 FEDERAL NATIONAL MORTGAGE ASSN POOL #745 P 2009-05-07 2010-08-25
1014.75 FEDERAL NATIONAL MORTGAGE ASSN POOL #745 P 2009-05-07 2010-09-27
1046.59 FEDERAL NATIONAL MORTGAGE ASSN POOL #745 P 2009-05-07 2010-10-25
901.05 FEDERAL NATIONAL MORTGAGE ASSN POOL #745 P 2009-05-07 2010-11-26
866.95 FEDERAL NATIONAL MORTGAGE ASSN POOL #745 P 2009-05-07 2010-12-27
.012 FRONTIER COMMUNICATIONS CORP P 2009-07-22 2010-07-08
72. FRONTIER COMMUNICATIONS CORP P 2009-07-22 2010-07-30
10000. HSBC FINANCE CORP 4.625% 09/15/2010 P 2009-05-08 2010-02-09
5000. HEWLETT-PACKARD CO DTD 03/03/08 4.5% 03/ P 2009-05-07 2010-02-09
5000. KELLOGG CO DTD 12/03/07 5.125% 12/03/201 P 2009-05-11 2010-09-13
5000. MCDONALDS CORP SERIES: MTN DTD 02/29/08 P 2009-05-08 2010-05-20
1000. MICROSOFT CORP DTD 09/27/2010 1.625% 09/ P 2010-09-23 2010-11-30
3000. MICROSOFT CORP DTD 09/27/2010 1.625% 09/ P 2010-09-23 2010-11-30
10000. MORGAN STANLEY 5.05% 01/21/2011 P 2009-05-08 2010-04-30
1000. PEPSICO INC DTD 10/24/08 7.9% 11/01/2018 P 2009-05-07 2010-12-10
3000. GCB PEPSICO, INC CONTRA CUSIP FOR 713448BJ6 DTD 10/24/2008 7.9% P 2009-05-07 2010-11-02
5000. PFIZER INC DTD 3/24/09 4.45% 03/15/2012 P 2009-05-07 2010-02-04
5000. PROCTER & GAMBLE CO MAKE WHOLE 4.6% 01/1 P 2009-05-07 2010-02-09
5000. SUNTRUST BANK ATLANTA 6.375% 04/01/2 P 2009-05-08 2010-09-13
5000. US BANK NA 6.375% DTD 7/26/01 DUE 8/1/2011 P 2009-05-14 2010-04-29
14000. UNITED STATES TREASURY NOTE 5.00% DTD 2/15/01 DUE 2/15/2011 P 2009-05-07 2010-12-10
4000. UNITED STATES TREASURY N/B DTD 2/28/09 . P 2010-05-19 2010-12-10
5000. UNITED STATES TREASURY N/B DTD 11/30/09 P 2009-12-14 2010-04-26
4000. UNITED STATES TREASURY DTD 02/16/2010 3. P 2010-05-03 2010-05-19
1000. UNITED STATES TREASURY DTD 02/16/2010 3. P 2010-05-03 2010-09-13
225. XTO ENERGY CORP P 2009-07-22 2010-01-07
110. TRANSOCEAN LTD P 2009-11-19 2010-08-19
(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 8,797   8,525 272
b 1,148   1,024 124
c 9,245   8,165 1,080
d 5,502   5,381 121
e 1,006   997 9
1,069   1,004 65
8,926   8,819 107
10,238   10,057 181
1,306   1,141 165
10,703   7,695 3,008
11,138   8,424 2,714
7,475   7,802 -327
9,725   8,386 1,339
11,481   8,209 3,272
5,396   5,251 145
7,092   8,574 -1,482
3,377   3,502 -125
3,258   3,380 -122
2,032   2,107 -75
2,573   2,669 -96
1,228   1,273 -45
1,568   1,626 -58
1,965   2,039 -74
1,140   1,182 -42
1,152   1,194 -42
1,627   1,688 -61
1,802   1,869 -67
1,706   1,770 -64
355   373 -18
382   401 -19
543   570 -27
618   649 -31
174   183 -9
190   200 -10
302   317 -15
481   505 -24
12,066   11,751 315
514   540 -26
1,193   1,252 -59
861   904 -43
1,334   1,401 -67
1,442   1,514 -72
6,647   6,980 -333
1,192   1,252 -60
1,064   1,118 -54
893   938 -45
1,015   1,066 -51
1,047   1,099 -52
901   946 -45
867   910 -43
       
545   551 -6
10,213   10,045 168
5,342   5,228 114
5,427   5,342 85
5,597   5,257 340
991   1,000 -9
2,966   2,997 -31
10,265   10,083 182
1,289   1,214 75
3,940   3,641 299
5,330   5,307 23
5,394   5,314 80
5,140   4,965 175
5,312   5,350 -38
14,117   15,013 -896
4,006   4,017 -11
4,997   4,993 4
4,091   3,980 111
1,073   995 78
10,789   8,336 2,453
5,777   9,388 -3,611
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       272
b       124
c       1,080
d       121
e       9
      65
      107
      181
      165
      3,008
      2,714
      -327
      1,339
      3,272
      145
      -1,482
      -125
      -122
      -75
      -96
      -45
      -58
      -74
      -42
      -42
      -61
      -67
      -64
      -18
      -19
      -27
      -31
      -9
      -10
      -15
      -24
      315
      -26
      -59
      -43
      -67
      -72
      -333
      -60
      -54
      -45
      -51
      -52
      -45
      -43
       
      -6
      168
      114
      85
      340
      -9
      -31
      182
      75
      299
      23
      80
      175
      -38
      -896
      -11
      4
      111
      78
      2,453
      -3,611
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 9,805
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 93,190 4,410,860 0.021127
2008 179,227 3,029,997 0.059151
2007      
2006      
2005      
2 Total of line 1, column (d) ...................... 2 0.080278
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 0.040139
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 4,587,887
5 Multiply line 4 by line 3....................... 5 184,154
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,233
7 Add lines 5 and 6......................... 7 185,387
8 Enter qualifying distributions from Part XII, line 4.............. 8 120,041
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 2,466
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 2,466
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 2,466
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 2,835
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 2,835
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 369
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet369 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)bulletIL
    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 ofbulletREGIONS BANK Telephone no.bullet (251) 690-1024
    Located atbullet11 NORTH WATER STREET 25TH FLOORMOBILEAL ZIP+4bullet36602
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2010?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
     
    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
    REGIONS BANK TRUSTEE
    1     		33,202    
    132 S WATER ST SUITE 330
    DECATUR,IL62523
    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
    1,425,165
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    3,232,588
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,657,753
    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
    4,657,753
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    69,866
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,587,887
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    229,394
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    229,394
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    2,466
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,466
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    226,928
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    226,928
    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
    226,928
    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
    120,041
    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
    120,041
    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
    120,041
    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 7 226,928
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 73,535
    b Total for prior years:2008, 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$ 120,041
    a Applied to 2009, but not more than line 2a 73,535
    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..... 46,506
    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 ..........     		180,422
    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).)
    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
    UNIVERSITY OF ILLINOIS
    1 BANK ONE PLAZA
    CHICAGO,IL60670     		NONE PUBLIC SCHOLARSHIPS 112,486
    Total .................................bullet 3a 112,486
    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 30,857  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property     16 109,268  
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 9,805  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aFEDERAL TAX REFUND       584  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   150,514  
    13Total. Add line 12, columns (b), (d), and (e)...................
    13150,514
    (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:
    JEANETTE E & BENJAMIN F HUNTER SCHOLARSHIP
    EIN: 37-6022836
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 900     900

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

    TY 2010 DepreciationSchedule
    Name:
    JEANETTE E & BENJAMIN F HUNTER SCHOLARSHIP
    EIN: 37-6022836
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    GRAIN BIN 1993-10-25 7,914 7,914 M5 5        
    PIATT-TEN HOUSE 1990-09-14 2,769 1,875 M27 27 101      
    PIATT TILING 1998-01-08 15,825 12,982 M15 15 1,056      
    PIATT TILING 1998-10-08 7,229 5,928 M15 15 482      
    PIATT GRAIN AUG 2001-03-01 649 649 M7 7        
    PRIOR ASSETS 1980-01-01 466,807 466,807            
    PIATT-WELL PUMP 2001-08-31 4,141 2,249 M15 15 276      

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    JEANETTE E & BENJAMIN F HUNTER SCHOLARSHIP
    EIN: 37-6022836
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AT&T 5.6% 5/15/2018 9,391 10,042
    ABBOTT LABS 5.125% 4/1/2019 5,095 5,505
    BP CAPITAL PLC NORM 5.25% 2013    
    CATERPILAR INC 7.9% 12/15/2018 4,564 5,148
    CREDIT SUISSE NY 5.5% 5/1/2014 10,539 10,967
    WALT DISNEY 4.5% 2013    
    GE 5% 2/1/2013 10,540 10,690
    GOLDMAN SACHS 6% 5/1/2014 5,107 5,508
    HSBC FINANCE 4.625% 2010    
    HEWLETT PACKARD 4.5% 2013    
    KELLOGG 5.125% 2012    
    MDCONALDS SERIES 5.35% 2018    
    MERRIL LYNCH 6.875% 4/25/2018 4,982 5,472
    MORGAN STANLEY 5.05% 2011    
    ORACLE 5.75% 4/15/2018 5,334 5,720
    PEPSICO INC 7.9% 2018    
    PFIZER INC 4.45% 2012    
    PROCTOR & GAMBLE 4.6% 2014    
    SUNTRUST ATLANTA 6.375% 2011    
    TARGET CORP 5.375% 5/1/2017 4,995 5,603
    US BANK NA 6.365% 2011    
    VERIZON COMM 5.55% 2/15/2016 5,179 5,605
    WACHOVIA 5.75% 6/15/2017 4,686 5,535
    FHLMC # J07877, 5% 5/1/2023 44,399 45,704
    FHLMC POOL 6% 2034    
    FNMA POOL 5.5% 2033    
    FNMA # 745640, 6% 6/1/2036 43,029 44,715
    BB&T CORP 3.85% 7/27/2012 5,211 5,201
    BARCLAYS BANK 3.9% 4/7/2015 5,007 5,156
    CITI GROUP 6% 12/13/2013 4,364 4,371
    GOLDMAN SACHS 7.5% 2/15/2019 5,490 5,830
    HAW PACKARD 2.2% 12/1/2015 3,996 3,939
    J P MORGAN CHASE6.3% 4/23/2019 5,466 5,691
    PFIZER INC 6.2% 3/15/2019 5,614 5,857

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    JEANETTE E & BENJAMIN F HUNTER SCHOLARSHIP
    EIN: 37-6022836
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AT&T    
    ABBOT LABS 8,850 9,582
    AIR PRODS & CHEMS    
    ALLERGAN INC 8,096 12,017
    AMERICAN EXPRESS CO 7,394 12,876
    BEST BUY    
    CVS/CAREMARK 8,716 9,562
    CHEVRON 8,089 11,406
    CISCO SYSTEMS INC 7,508 8,092
    CITRIX SYSTEMS INC    
    DARDEN RESTAURANTS    
    DELL INC    
    DEVON ENERGY CORP    
    WALT DISNEY CO    
    EMC CORP MASS 8,056 14,313
    EATON CORP 7,557 17,764
    EXELON CORP    
    EXXON MOBIL 8,555 9,140
    GOLDMAN SACHS GROUP 7,218 8,408
    HALLIBURTON CO 8,153 16,332
    HESS CORP 8,556 12,629
    INTEL CORP 7,762 9,989
    JP MORGAN CHASE & CO 8,858 10,605
    JOHNSON & JOHNSON 8,569 9,278
    JUNIPER NETWORKS INC 8,162 12,922
    MICROSOFT CORP 7,928 9,769
    MONSANTO CO NEW 7,489 6,964
    NORFOLK SOUTHERN 7,547 12,564
    ORACLE CORP 8,217 12,520
    PEPSICO 7,877 9,800
    PROCTOR & GAMBLE CO 7,895 9,650
    PRUDENTIAL FINANCIAL INC 8,615 13,210
    QUALCOMM INC 7,606 8,661
    ROBERT HALF INTL INC 8,154 11,475
    SCHLUMBERGER LTD 7,897 12,525
    STATE STREET CORP 8,242 9,268
    STRYKER CORP 8,745 12,083
    THERMO FISHER SCIENTIFIC 8,733 12,456
    3M CO 7,472 10,788
    TIFFANY & CO 7,753 18,681
    TRAVELERS COMPANIES 8,999 12,535
    UNITED TECHNOLOGIES CORP 9,202 13,776
    VERIZON COMMUNICATIONS 8,339 10,734
    WAL MART STORES INC 8,578 9,438
    WALGREEN CO 8,935 11,688
    XTO ENERGY CORP    
    TRANSOCEAN LTD    
    TEVA PHARMACEUTICAL SPON ADR 8,418 9,123
    ARTISAN FDS INC SMALL CAP 36,545 55,626
    ARTISAN FDS MID CAP VALUE FD 34,830 52,980
    BLACKROCK US OPPORTUNITIES 45,000 54,510
    BUFFALO SMALL CAP FUND 35,397 53,050
    AMERICAN EUROPACIFIC GRTH-F2 51,647 76,618
    THORNBURG INTL VALUE FD 51,500 78,278
    APACHE CORP 10,712 11,923
    AUTO DESK INC 7,016 9,550
    CATERPILLAR INC 8,764 15,454
    GENERAL ELECTRIC CO 11,019 10,974
    MATTEL INC 5,714 6,739
    MCGRAW HILL INC 10,755 11,651
    MERCK & CO INC 11,450 11,713
    NEXTRA ENERGY 6,688 6,499
    STAPLES INC 9,388 9,108
    VF CORP 9,133 10,773
    VISA INC CLASS A SHRS 9,127 7,038

    TY 2010 InvestmentsGovtObligationsSch
    Name:
    JEANETTE E & BENJAMIN F HUNTER SCHOLARSHIP
    EIN: 37-6022836
    US Government Securities - End of Year Book Value:

    220,606
    US Government Securities - End of Year Fair Market Value:

    220,873
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2010 OtherDecreasesSchedule
    Name:
    JEANETTE E & BENJAMIN F HUNTER SCHOLARSHIP
    EIN: 37-6022836
    Description Amount
    ROUNDING ADJUSTMENT 4


    TY 2010 OtherExpensesSchedule
    Name:
    JEANETTE E & BENJAMIN F HUNTER SCHOLARSHIP
    EIN: 37-6022836
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    IL AG-990 FILING FEE 15 0   15
    RENTAL EXPENSES   48,507   0
    Rent and Royalty Expense 48,507      


    TY 2010 OtherIncomeSchedule2
    Name:
    JEANETTE E & BENJAMIN F HUNTER SCHOLARSHIP
    EIN: 37-6022836
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FEDERAL TAX REFUND 584 0  


    TY 2010 OtherIncreasesSchedule
    Name:
    JEANETTE E & BENJAMIN F HUNTER SCHOLARSHIP
    EIN: 37-6022836
    Description Amount
    OID INCOME 294


    TY 2010 TaxesSchedule
    Name:
    JEANETTE E & BENJAMIN F HUNTER SCHOLARSHIP
    EIN: 37-6022836
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FED EXCISE TAX PAYMENT 20,375 0   0
    FED EXCISE TAX ESTIMATES 1,485 0   0
    FOREIGN TAXES 292 292   0