TY 2010 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation

Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.

OMB No. 1545-0052

2010

For calendar year 2010, or tax year beginning 01-01-2010 , and ending 12-31-2010

Check all that apply:Initial returnInitial return of a former public charityFinal return

Amended returnAddress changeName change

Name of foundation
THE GEORGE & BERNICE COOKE
SCHOLARSHIP FOUNDATION FOR WOMAN

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1900 Room/suite

City or town, state, and ZIP code
SEQUIM, WA983821900

A Employer identification number

99-0325924

B Telephone number (see page 10 of the instructions)

(360) 683-7700

C If exemption application is pending, check here bullet

D 1. Foreign organizations, check here . bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation 2. Foreign organizations meeting the 85% test,
check here and attach computation bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$2,730,973J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

E If private foundation status was terminated
under section 507(b)(1)(A), check here bullet

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here bullet

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments	24,872		24,872	24,872
4	Dividends and interest from securities......	24,825		24,825	24,825
5a	Gross rents..............	36,400		36,400	36,400
b	Net rental income or (loss) 14,043
6a	Net gain or (loss) from sale of assets not on line 10		-22,871
b	Gross sales price for all assets on line 6a 546,933
7	Capital gain net income (from Part IV, line 2)...
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		136,231	135,892	136,231
12	Total. Add lines 1 through 11........	199,457		221,989	222,328
13	Compensation of officers, directors, trustees, etc.	98,880		32,630	32,630	66,250
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......	29,588		8,002	8,002	21,586
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		2,618	654	654	1,964
c	Other professional fees (attach schedule)....		12,528	12,063	3,827	465
17	Interest...............
18	Taxes (attach schedule) (see page 14 of the instructions)		762	277	239	485
19	Depreciation (attach schedule) and depletion...		2,242	740	740
20	Occupancy..............	13,534		13,534	13,534
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		9,845	6,750	6,750	3,095
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	169,997		74,650	66,376	93,845
25	Contributions, gifts, grants paid........	34,775				34,775
26	Total expenses and disbursements. Add lines 24 and 25	204,772		74,650	66,376	128,620
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-5,315
b	Net investment income (if negative, enter -0-)			147,339
c	Adjusted net income (if negative, enter -0-)...				155,952

For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.

Cat. No. 11289X Form 990-PF (2010)

Form 990-PF (2010)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	9,764	12,819	12,819
	2	Savings and temporary cash investments..........	1,166,016	680,971	680,971
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see page 15 of the
		instructions)....................
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........	740,815	1,274,176	1,238,899
	c	Investments—corporate bonds (attach schedule)........	328,639	281,016	245,940
	11	Investments—land, buildings, and equipment: basis 182,770
		Less: accumulated depreciation (attach schedule) 58,239	130,059	124,531	552,344
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	-1,710
	14	Land, buildings, and equipment: basis 33,623
		Less: accumulated depreciation (attach schedule) 28,760	7,103	4,863
	15	Other assets (describe )		-3,005
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	2,380,686	2,375,371	2,730,973
	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 )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	2,380,686	2,375,371
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	2,380,686	2,375,371
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	2,380,686	2,375,371

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	2,380,686
2	Enter amount from Part I, line 27a......................	2	-5,315
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	2,375,371
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30..	6	2,375,371

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.)
1a
b
c
d
e

(e) Gross sales price		(f) Depreciation allowed (or allowable)	(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(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
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . .		3

Part V

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

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

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

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

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

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2009	131,619	2,487,335	0.052916
2008	156,353	2,665,942	0.058648
2007	123,275	2,424,836	0.050838
2006	151,275	3,208,901	0.047142
2005	157,762	2,709,351	0.058229

2	Total of line 1, column (d) ......................	2	0.267773
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	0.053555
4	Enter the net value of noncharitable-use assets for 2010 from Part X, line 5.....	4	2,570,886
5	Multiply line 4 by line 3.......................	5	137,684
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	1,473
7	Add lines 5 and 6.........................	7	139,157
8	Enter qualifying distributions from Part XII, line 4..............	8	128,620
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions on page 18.

Form 990-PF (2010)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	2,947
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2............................	3	2,947
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-).	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	2,947
6	Credits/Payments:

a	2010 estimated tax payments and 2009 overpayment credited to 2010	6a	2,246
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	2,246
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	701
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2011 estimated tax0	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of

the instructions for definition)?.............................

If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If “Yes,” attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If “Yes,” has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If “Yes,” attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.

Yes

Enter the states to which the foundation reports or with which it is registered (see page 19 of the

instructions) bullet

HI, WA

If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on

page 27)? If “Yes,” complete Part XIV...........................

Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......

Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

JOANNE T HEYDON Telephone no. bullet

(360) 683-7700

Located at bullet

PO BOX 1900SEQUIMWA ZIP+4 bullet

98382

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over

a bank, securities, or other financial account in a foreign country? .................

See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet

Form 990-PF (2010)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?.........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check “No”

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...

Organizations relying on a current notice regarding disaster assistance check here......... bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2010?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2010, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2010?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business

enterprise at any time during the year?.....................YesNo

If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2010.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

If “Yes,” attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay

premiums on a personal benefit contract?....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If “Yes” to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2010)

Page 6

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
JOANNE T HEYDON	DIRECTOR/MNG 40.00	49,440	0	0
PO BOX 1900 SEQUIM,WA98382	DIRECTOR/MNG 40.00	49,440	0	0
DOUGLAS D HEYDON	DIRECTOR/MNG 40.00	49,440	0	0
PO BOX 1900 SEQUIM,WA98382	DIRECTOR/MNG 40.00	49,440	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions). If none, enter “NONE.”
(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................

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

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

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Form 990-PF (2010)

Page 7

Part IX-B

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

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


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

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

Part X

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

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

purposes:

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

1,052,910

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

1,004,783

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

552,344

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

2,610,037

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) ..............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d..........................

2,610,037

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

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

39,151

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

2,570,886

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

128,544

Part XI

Distributable Amount (see page 25 of the instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

128,544

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

2,947

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

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

2,947

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

125,597

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

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

125,597

Deduction from distributable amount (see page 25 of the instructions)...........

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

line 1.................................

125,597

Part XII

Qualifying Distributions (see page 25 of the instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

128,620

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes................................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

128,620

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............

Adjusted qualifying distributions. Subtract line 5 from line 4...............

128,620

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2010)

Page 8

Part XIII

Undistributed Income (see page 26 of the instructions)

		(a) Corpus	(d) 2010
1 Distributable amount for 2010 from Part XI, line 7			125,597
2 Undistributed income, if any, as of the end of 2010:
a Enter amount for 2009 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2010:
a From 2005.......	23,835
b From 2006.......
c From 2007.......	6,086
d From 2008.......	24,455
e From 2009.......	7,400
fTotal of lines 3a through e.........		61,776
4Qualifying distributions for 2010 from Part
XII, line 4: $ 128,620
a Applied to 2009, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see page 26 of the instructions)
c Treated as distributions out of corpus (Election required—see page 26 of the instructions)...
d Applied to 2010 distributable amount.....			125,597
e Remaining amount distributed out of corpus		3,023
5 Excess distributions carryover applied to 2010.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		64,799
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount—see page 27 of the instructions ...
e Undistributed income for 2009. Subtract line 4a from line 2a. Taxable amount—see page 27 of the instructions ...........
f Undistributed income for 2010. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2011 ..........			0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see page 27 of the instructions) ...........
8Excess distributions carryover from 2005 not applied on line 5 or line 7 (see page 27 of the instructions) .............		23,835
9Excess distributions carryover to 2011. Subtract lines 7 and 8 from line 6a ......		40,964
10 Analysis of line 9:
a Excess from 2006....
b Excess from 2007....	6,086
c Excess from 2008....	24,455
d Excess from 2009....	7,400
e Excess from 2010....	3,023

Form 990-PF (2010)

Page 9

Part XIV

Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2010, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2010	(b) 2009	(c) 2008	(d) 2007	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ....
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets” alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment” alternative test— enter 2⁄3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support” alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see page 27 of the instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see page 28 of the instructions) to individuals or organizations
under other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number of the person to whom applications should be addressed:

DOUGLAS HEYDON
PO BOX 1900
SEQUIM,WA98382
(360) 683-7700

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

SEE ATTACHED

cAny submission deadlines:

SEE ATTACHED

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

RESTRICTED TO WOMEN

Form 990-PF (2010)

Page 10

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
RACHEDL ASHBY 5734 WINTHROP 605 CHICAGO,IL60660			COLLEGE SCHOLARSHIP	1,500
DIANA AZIZ 7224 W LYONS MORTON GROVE,IL60053			COLLEGE SCHOLARSHIP	1,500
JESSICA BIESTEK 9139 SOUTHWOOD DRIVE MUNSTER,IN46321			COLLEGE SCHOLARSHIP	500
LAURA L BODINE 4851 N WASHTENAW AVE CHICAGO,IL60625			COLLEGE SCHOLARSHIP	1,000
JOCELYN BOSTIC 30 EAST HURON 2904 CHICAGO,IL60611			COLLEGE SCHOLARSHIP	1,500
NOEMI S CAGATIN 1107 S 90TH ST TACOMA,WA98444			COLLEGE SCHOLARSHIP	1,500
MARGARET E COLLETON 6614 NORTH ASHLAND AVE 3 CHICAGO,IL60626			COLLEGE SCHOLARSHIP	1,000
REGINA CROSLEY-CORCORAN 9035 SOUTHVIEW AVENUE BROOKFIELD,IL60513			COLLEGE SCHOLARSHIP	2,000
MICHAELA CROTTY 1733 N WOLCOTT STREET A CHICAGO,IL60622			COLLEGE SCHOLARSHIP	1,000
ANETA CZARNY 4901 N NEENAH AVE BATAVIA,IL60656			COLLEGE SCHOLARSHIP	1,000
LATONYA FOSTER 1542 SOUTH DRAKE 1 CHICAGO,IL60623			COLLEGE SCHOLARSHIP	3,000
SARITA FOSTER 1478 WENTWORTH AVE CALUMET CITY,IL60409			COLLEGE SCHOLARSHIP	1,500
ELIZABETH GALLAHER 2909 N SHERIDAN 1712 CHICAGO,IL60657			COLLEGE SCHOLARSHIP	2,000
NINA GORNOWICZ 16400 SEYMOUR DR MINNETONKA,MN55345			COLLEGE SCHOLARSHIP	1,000
DORA GUZMAN 8033 W 44TH ST 2 LYONS,IL60534			COLLEGE SCHOLARSHIP	1,000
SABRINA HUGHES 5734 S KING DEICE 1F CHICAGO,IL60637			COLLEGE SCHOLARSHIP	1,500
IRENE JONES 3247 N BROADWAY ST 3B CHICAGO,IL60657			COLLEGE SCHOLARSHIP	500
ANDREA MCKINLEY 6230 N KENMORE AVE 203 CHICAGO,IL60660			COLLEGE SCHOLARSHIP	1,000
ELYSSA PAULSON 6431 N SHERIDAN 2655 CHICAGO,IL60626			COLLEGE SCHOLARSHIP	1,775
MICHELLE RAMIREZ 17659 WESTBROOK DR ORLAND PK,IL60467			COLLEGE SCHOLARSHIP	1,000
YASMEEN SHABAN 707 NW 3RD ST ALEDO,IL61231			COLLEGE SCHOLARSHIP	1,000
VALERIA SLUZKAYA 5016 W SUFFIELD CT D SKOKIE,IL60077			COLLEGE SCHOLARSHIP	1,000
KATHARINA SWAAN 3423 NORTH PAULINA GDN CHICAGO,IL60657			COLLEGE SCHOLARSHIP	1,500
MEGAN SWARTZ 241 DREW ST MARSEILLES,IL61341			COLLEGE SCHOLARSHIP	1,000
LEAH M THOMAS 1254 W ALBION 2 CHICAGO,IL60626			COLLEGE SCHOLARSHIP	1,000
NINA URIBE 6129 S KILDARE CHICAGO,IL60629			COLLEGE SCHOLARSHIP	1,500
STEPHANIE WHITE 333 E ONTARIA 2607B CHICAGO,IL60611			COLLEGE SCHOLARSHIP	1,000
Total ................................. 3a				34,775

bApproved for future payment

Total .................................. 3b

Form 990-PF (2010)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See page 28 of the instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3Interest on savings and temporary cash investments			14	24,872
4 Dividends and interest from securities....			14	24,825
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....			16	14,043
6Net rental income or (loss) from personal property
7 Other investment income.....			18	135,892
8Gain or (loss) from sales of assets other than inventory					-22,871
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)..				199,971	-22,871

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

13177,100

(See worksheet in line 13 instructions on page 28 to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See page 28 of the instructions.)

Form 990-PF (2010)

Page 12

Part XVII

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

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

Yes

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

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If “Yes,” complete the following schedule.

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

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

	Signature of officer or trustee	Date	Title

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

Form 990-PF (2010)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2010 AccountingFeesSchedule

Name:

THE GEORGE & BERNICE COOKE

SCHOLARSHIP FOUNDATION FOR WOMAN

EIN: 99-0325924

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
JAMES D JENNINGS CPA INC.	2,618	654	654	1,964

- TIN:

TY 2010 CompensationExplanation

Name:

THE GEORGE & BERNICE COOKE

SCHOLARSHIP FOUNDATION FOR WOMAN

EIN: 99-0325924

Person Name	Explanation
JOANNE T HEYDON
DOUGLAS D HEYDON

- TIN:

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

TY 2010 DepreciationSchedule

Name:

THE GEORGE & BERNICE COOKE

SCHOLARSHIP FOUNDATION FOR WOMAN

EIN: 99-0325924

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
SCANJET	1998-05-15	1,198	1,198	200DB	5.0000
SECURITY SYSTEM	1998-10-15	2,332	2,332	200DB	7.0000
SONY MAVICA DIGITAL CAMERA	1998-11-18	1,056	1,056	200DB	7.0000
CANNON PC795 COPIER	1998-12-02	924	924	200DB	5.0000
HP 2000 PRINTER	1998-12-17	833	833	200DB	5.0000
FAX	1999-06-07	899	899	200DB	5.0000
RECORDER	2000-01-09	291	291	200DB	5.0000
PAPER SHREDDER	2000-06-10	297	297	200DB	5.0000
DELL LAPTOP	2002-06-05	3,873	3,873	200DB	5.0000
DELL COMPUTER	2003-04-12	4,055	4,055	200DB	5.0000
ALL-IN-ONE MACHINE	2003-12-01	383	383	200DB	5.0000
OFFICE MIRROR	1998-07-28	281	281	200DB	7.0000
DESK LAMP	1998-07-28	123	123	200DB	7.0000
SHELVES	2003-09-06	192	184	200DB	7.0000	8	3	3
OFFICE SAFE	2003-09-06	309	295	200DB	7.0000	14	5	5
CARPET-OFFICE	2004-10-26	1,946	1,627	200DB	7.0000	170	56	56
NEW COMPUTER	2007-12-11	1,087	543	S/L	5.0000	218	72	72
2 COMPUTER SCREENS	2007-12-11	800	400	S/L	5.0000	160	53	53
PRINTER	2007-02-12	820	410	S/L	5.0000	164	54	54
BLINDS	2007-11-30	317	113	S/L	5.0000	46	15	15
AVA FURNITURE	2007-09-26	9,975	5,613	200DB	7.0000	1,246	411	411
CHAIR AND SHELVES	2007-10-15	1,001	563	200DB	7.0000	125	41	41
CHAIR AND SHELVES	2007-08-10	631	225	S/L	5.0000	91	30	30

- TIN:

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

TY 2010 GainLossSaleOtherAssetsSch

Name:

THE GEORGE & BERNICE COOKE

SCHOLARSHIP FOUNDATION FOR WOMAN

EIN: 99-0325924

Name	Date Acquired	How Acquired	Date Sold	Gross Sales Price	Basis	Total (net)
ISHARES MSCI EMERGING MKT IN	2010-06	PURCHASE	2010-06	66,428	71,227	-4,799
ISHARES TRUST US REAL ESTATE	2010-06	PURCHASE	2010-07	22,579	24,483	-1,904
ISHARES TRUST S&P MIDCAP	2010-06	PURCHASE	2010-08	34,552	36,540	-1,988
ISHARES TRUST S&P SC600 GR	2010-06	PURCHASE	2010-08	38,080	41,332	-3,252
ISHARES TRUST S&P SC 600 VA	2010-06	PURCHASE	2010-08	38,961	41,855	-2,894
ISHARES TRUST S&P 500	2010-06	PURCHASE	2010-08	49,906	51,226	-1,320
ISHRES S&P MIDCAP	2010-06	PURCHASE	2010-08	34,849	36,466	-1,617
ISHARES TRUST S&P 500	2010-06	PURCHASE	2010-08	50,243	51,386	-1,143
POWERSHRES DB COMODITY INDEX	2010-06	PURCHASE	2010-08	22,519	24,357	-1,838
ISHARES MSCI EAFE INDEX FUND	2010-06	PURCHASE	2010-08	73,894	80,823	-6,929
AMBAC INC	2010-01	PURCHASE	2010-04	1,195	1,725	-530
AMERICAS ENERGY CO	2010-01	PURCHASE	2010-02	925	892	33
ARBOR REALTY TRUST INC	2010-04	PURCHASE	2010-06	1,492	1,292	200
ATLAS PIPELINE HOLDINGS LP	2010-01	PURCHASE	2010-08	1,715	1,430	285
ATLAS PIPELINE HOLDINGS LP	2010-01	PURCHASE	2010-10	1,000	720	280
ATP OIL & GAS CORPORATION	2010-08	PURCHASE	2010-08	3,541	3,431	110
CHINA CAST EDUCATION CORP		PURCHASE	2010-02	706	685	21
FIRST MARBLEHEAD CORP		PURCHASE	2010-03	1,780	1,615	165
GRAY TELEVISION INC		PURCHASE	2010-05	1,090	797	293
GRUBB & ELLIS COMPANY	2010-03	PURCHASE	2010-03	595	659	-64
HONG KONG HIGHPOWER TECHNOLOGY	2009-12	PURCHASE	2010-01	3,655	2,997	658
HOVONIAN ENTERPRISES CL A	2010-01	PURCHASE	2010-04	2,707	1,664	1,043
JAMBA INC	2010-01	PURCHASE	2010-03	934	896	38
KODAIK OIL & GAS CORP	2010-01	PURCHASE	2010-03	1,534	1,376	158
L-1 IDENTITY SOLUTIONS INC	2010-09	PURCHASE	2010-10	2,345	1,915	430
LADISH COMPANY		PURCHASE	2010-03	2,121	5,904	-3,783
MAGUIRE PROPERTIES INC		PURCHASE	2010-03	548	436	112
MAGUIRE PROPERTIES INC		PURCHASE	2010-03	490	436	54
MCCLATCHY NEWSPAPERES INC		PURCHASE	2010-01	1,924	1,431	493
MICORMET INC	2010-10	PURCHASE	2010-10	3,494	3,391	103
NAVIOS MARITIME HOLDING INC		PURCHASE	2010-03	640	604	36
NETLIST INC		PURCHASE	2010-01	1,137	1,145	-8
NEW GOLD INC	2010-09	PURCHASE	2010-11	1,635	1,291	344
NEXMED INC	2010-01	PURCHASE	2010-01	289	335	-46
PACER INTERNATIONAL INC		PURCHASE	2010-03	2,474	2,186	288
PACIFIC SUNWEAR OF CALIFORNIA	2010-08	PURCHASE	2010-08	1,949	2,106	-157
SILICONE IMAGE INC	2010-06	PURCHASE	2010-06	1,042	1,115	-73
SPREDTRUM COMMUNICATIONS	2010-09	PURCHASE	2010-09	2,275	2,285	-10
SPRINT NEXTEL CORP	2010-06	PURCHASE	2010-06	895	979	-84
TENET HEALTHCARE CORP		PURCHASE	2010-03	1,235	1,207	28
THE PMI GROUP INC	2010-03	PURCHASE	2010-03	925	645	280
THE PMI GROUP INC	2010-08	PURCHASE	2010-09	1,594	1,576	18
ULTRASHORT S&P 500 PROSHAREES	2010-06	PURCHASE	2010-06	28,798	27,682	1,116
ULTRASHORT S&P 500 PROSHARES	2010-07	PURCHASE	2010-07	16,868	16,706	162
UTSTARCOM INC	2010-03	PURCHASE	2010-04	820	710	110
VONAGE HOLDINGS CORP	2010-06	PURCHASE	2010-06	1,119	976	143
YINGLI GREEN ENERGY HOLD-AR	2010-05	PURCHASE	2010-05	3,115	2,645	470
FIRST BANVCORPT PUERTO RICO	2010-04	PURCHASE	2010-04	1,289	1,211	78
GENTA INC.		PURCHASE	2010-12		4	-4
NETFLIX.COM INC	2010-06	PURCHASE	2010-08	6,533	5,503	1,030
NETFLIX.COM INC	2010-06	PURCHASE	2010-08	6,495	5,503	992
WIPRO		PURCHASE	2011-06	4	3	1

- TIN:

TY 2010 InvestmentsCorpBondsSchedule

Name:

THE GEORGE & BERNICE COOKE

SCHOLARSHIP FOUNDATION FOR WOMAN

EIN: 99-0325924

Name of Bond	End of Year Book Value	End of Year Fair Market Value
CORPORATE BONDS
RENAISSANCERE	50,000	49,260
AT&T	25,000	26,610
CALAMOS STRATEGIC	56,016	37,040
COMCAST CORP	50,000	50,600
MERRILL LYNCH CAP TR II	50,000	44,200
PHOENIX COS INC	50,000	38,230
NICHOLS APPLEGATE

- TIN:

TY 2010 InvestmentsCorpStockSchedule

Name:

THE GEORGE & BERNICE COOKE

SCHOLARSHIP FOUNDATION FOR WOMAN

EIN: 99-0325924

Name of Stock	End of Year Book Value	End of Year Fair Market Value
CORPORATE STOCK
DIAMONDS TRUST
EATON CORP
FREEPORT MCMORAN
ISHARE TR S&P 500
ISHARE TR S&P MIDCAP
ISHARE TR S&P LATIN
ISHARE TR RUSSELL 1000
ISHARE TR RUSSELL 2000 VALUE
ISHARE TR RUSSELL 2000 GROWTH
JOHNSON & JOHNSON
NYSE EURONEXT
POWERSHARES QQQ
QUALCOMM
SIERRA WIRELESS
WIPRO LTD SPON
AMERICAN CENTURY ON CHOICE
ALTRIA GROUPP INC
APPLE COMPUTER INC
LARGE CAP BULL 3X SHARES
FAMILY DOLLAR STORES
CONOCOPHILLIPS
FEDEX CORPORATION
HANSEN NATL CORP
HAWAIIAN ELECTRIC INDUSTRIES
INTERACTIVE BROKERS
VIMPEL COMMUNICATIONS SP ADR
POWERSHARES DB AGRICULTURE
MSCI, INC
VISA INC CLASS A SHARES
YAMANA GOLD INC
ISHARES TRUST EMU
LADISH COMPANY
NOKIA CORP
NUCOR CORP
AMEX TECHNOLOGY SELECT INDEX
GARMIN LTD
EXCEL MARITIME CARRIERS LTD
CELGENE CORP
TRAVELERS COMPANIES, INC.
BLOCKBUSTER INC CLASS A
CAPSTONE TURBINE CORPPORATION
CHINA CASE EDUCATION CORP
CONVERTED ORGANICS
FIRST MARBLEHEAD CORP
FLOTEK INDUSTRIES
GENTA INC
GRAND CANYON EDUCATION INC
GRAY TELEVISION INC -CL B
INOVIO BIOMEDICAL CORP
MAGUIRE PROPERTIES INC
MCCLATCHY NEWSPAPERS INC
NETLIST INC
OILSANDS QUEST INC
ON SEMICONDUCTOR CORPORATION
OPENWAVE SYSTEMS INC NEW
PACER INTERNATIONAL INC
PHOENIX COMPANIES INC
QUANTUM FUEL SYSTEMS TEC
RF MICRO DEVICES INC
TENET HEALTHCARE CORP
TERRESTAR CORP
US NATURAL GAS FUND LP
NAVIOS MARITIME HOLDINGS INC
FREEPT MCMORAN COPPER & GOLD
FREEPT MCMORAN COPPER & GOLD
PRECISION DRILLING TRUST
QUALCOMM INC
SCHLUMBERGER LTD
YINGLI GREEN ENERGY HOLD-AR
YINGLI GREEN ENERGY HOLD-AR
HONG KONG HIGHPOWER TECHNOLOGY
ISHARES MSCI EMERGING MKT IN	71,177	82,945
ISHARES TRUST S&P 500	49,783	55,999
ISHARES TRUST S&P 500 VALUE FUND	49,544	54,525
ISHARES MSCI EAFE INDEX FUND	78,233	84,186
ISHARES S&P MIDCAP	35,284	42,705
ISHARES TRUST S&P MIDCAP	35,325	41,240
ISHARES TRUST US REAL ESTATE	24,694	26,693
ISHARES TRUST S&P SC 600 VA	39,819	46,153
ISHARES TRUS S&P600 GR	40,138	48,345
ISHARES RUSSELL MICROCAP INX	23,618	28,513
POWERSHARES DB COMODITY INDEX	23,479	27,660
AGIC CONVERTIBLE & INCOME FUND	47,623	28,110
AGRIA CORP ADR	625	384
AKEENA SOLAR INC	2,470	1,888
ALTRIA GROUPP INC	4,605	4,924
AMERICAN CENTURY ON CHOICE	264,923	251,168
AMEX TECHNOLOGY SELECT INDEX	5,463	5,038
APPLE COMPUTER INC	20,105	32,256
BLOCKBUSTER INC CLASS A	706	80
CAPSTONE TURBINE CORPORATION	262	192
CENTRAL PACIFIC FINANCIAL CORP	1,281	936
COMPLETE GENOMICS INC	1,705	1,494
CONOCOPHILLIPS	8,586	6,810
CONVERTED ORGANICS	848	228
DELTA PETROLEUM CORP	1,673	760
EATON CORP	10,087	10,151
EXCEL MARITIME CARRIERS LTD	6,246	563
FLOTEK KINDUSTRIES	885	2,180
FORD	6,403	8,395
FREEPORT MCMORAN	11,452	12,009
GARMIN LTD	20,841	6,198
GLOBAL NUTECH INC	970	500
GRAND CANYON EDUCATION INC	4,600	4,898
HAWAIIAN ELECTRIC INDUSTRIES	5,095	4,558
HOVONIAN ENTERPRISES CL A	416	409
INOVIO BIOMEDICAL CORP	1,171	575
INTERACTIVE BROKERS	5,468	3,564
ISHARE TR RUSSELL 1000	35,078	25,948
ISHARE TR RUSSELL 2000 GROWTH	24,758	24,041
ISHARE TR RUSSELL 2000 VALUE	23,948	21,327
ISHARE TR S&P 500	23,397	18,938
ISHARE TR S&P LATIN	28,983	26,930
ISHARE TR S&P MIDCAP	8,655	9,069
ISHARES TRUST EMU	15,677	9,170
JOHNSON & JOHNSON	13,878	12,370
LADENBURG THALMANN FINANCE	1,530	1,170
MPG OFFICE TRUST, INC	2,106	1,375
MSCI, INC	15,706	19,480
NETLIST INC	2,249	1,024
NOKIA CORP	3,803	1,032
NUCOR CORP	13,579	8,764
NYSE EURONEXT	16,677	5,996
OILSANDS QUEST INC	933	420
ON SEMICONDUCTOR CORPORATION	432	988
OPENWAVE SYSTEMS INC NEW	184	163
PHOENIX COMPANIES INC	867	508
POWERSHARES DB AGRICULTURE	7,895	6,470
POWERSHARES QQQ	26,654	27,230
QUALCOMM	15,225	14,847
QUANTUM FUEL SYSTEMS TEC	660	180
RF MICRO DEVICES INC	2,298	3,675
SATYAM COMPUTER SERVICES	2,691	1,480
SIERRA WIRELESS	4,854	2,984
SPDR DOW JONES INDL	24,678	20,235
TERRESTAR CORP	561	56
TIMBERLINE RESOURCES CORP	994	952
TRAVEL CENTERS OF AMEREICA	1,656	1,885
US NATURAL GAS FUND	5,615	2,397
VIMPEL COMMUNICATIONS SP ADR	8,801	3,008
VISA INC CLASS A SHARES	12,955	14,076
WIPRO LTD SPON	8,075	12,887
YAMANA GOLD INC	3,475	2,560
YRC WORLDWIDE INC	300	298
ATP OIL & GAS CORPORATION	765	1,179
ATMEL CORP	378	360
BANK OF AMERICA CORP	90
CENTRUY ALUMINUM CO	534	120
HUNTINGTON BANCSHARES INC	1,090	1,840
MGM MIRAGE	677	770
MASSEY ENERGY COMPANY	1,335	1,477
RESEARCH IN MOTION LTD	1,162	408
ROSETTA RESOURCES INC	532	680
SAKS INCORPORATED	618	32
TRINA SOLAR LTD ADR	700	580
ENERGY XXI BERMUDA LTD	865	288

- TIN:

TY 2010 InvestmentsLandSchedule2

Name:

THE GEORGE & BERNICE COOKE

SCHOLARSHIP FOUNDATION FOR WOMAN

EIN: 99-0325924

Category/ Item	Cost/Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
	182,770	58,239	124,531	552,344

- TIN:

TY 2010 InvestmentsOtherSchedule2

Name:

THE GEORGE & BERNICE COOKE

SCHOLARSHIP FOUNDATION FOR WOMAN

EIN: 99-0325924

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
K-1 INVESTMENT	AT COST

- TIN:

TY 2010 LandEtcSchedule2

Name:

THE GEORGE & BERNICE COOKE

SCHOLARSHIP FOUNDATION FOR WOMAN

EIN: 99-0325924

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
	33,623	28,760	4,863

- TIN:

TY 2010 OtherAssetsSchedule

Name:

THE GEORGE & BERNICE COOKE

SCHOLARSHIP FOUNDATION FOR WOMAN

EIN: 99-0325924

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
K-1 INVESTMENTS		-3,005

- TIN:

TY 2010 OtherExpensesSchedule

Name:

THE GEORGE & BERNICE COOKE

SCHOLARSHIP FOUNDATION FOR WOMAN

EIN: 99-0325924

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
CAPRI APARTMENTS - HONOLULU
MISCELLANEOUS	-342	-342	-342
LEASE COMMISSIONS	40	40	40
CREDIT REPORTS
INVESTMENT DEPRECIATION	5,527	5,527	5,527
EXPENSES
TRAVEL	72	24	24	48
BANK CHARGES
DUES & SUBSCRIPTIONS	545	180	180	365
ENTERTAINMENT
OFFICE EXPENSES	576	190	190	386
POSTAGE & DELIVERY	159	52	52	107
TELEPHONE	2,208	729	729	1,479
AUTO EXPENSES
MISCELLANEOUS	119	39	39	80
SEMINARS EDUCATIONAL
WORKERMAN COMP
INSURANCE	185	61	61	124
INTERNET	756	250	250	506
PAYROLL TAXES

- TIN:

TY 2010 OtherIncomeSchedule2

Name:

THE GEORGE & BERNICE COOKE

SCHOLARSHIP FOUNDATION FOR WOMAN

EIN: 99-0325924

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
K-1 INCOME/LOSS	-1,318	-1,318	-1,318
	137,210	137,210	137,210
	339		339

- TIN:

TY 2010 OtherProfessionalFeesSchedule

Name:

THE GEORGE & BERNICE COOKE

SCHOLARSHIP FOUNDATION FOR WOMAN

EIN: 99-0325924

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER	694	229	229	465
INVESTMENT FEES	8,236	8,236
CAPRI APARTMENTS - HONOLULU	3,598	3,598	3,598

- TIN:

TY 2010 TaxesSchedule

Name:

THE GEORGE & BERNICE COOKE

SCHOLARSHIP FOUNDATION FOR WOMAN

EIN: 99-0325924

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	38	38
FEDERAL TAXES
SUTA TAXES	724	239	239	485