Form990-PF
Click to see attachment

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

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 938   Room/suite
City or town, state, and ZIP code
VANCOUVER, WA986660938
A Employer identification number

91-1912105
B Telephone number (see page 10 of the instructions)

(360) 694-5502
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$933,930J 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) 432,480
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 7,470 7,470  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 94,647
b Gross sales price for all assets on line 6a 2,439,321
7 Capital gain net income (from Part IV, line 2)... 94,647
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).......      
12 Total. Add lines 1 through 11........ 534,597 102,117  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,125      
c Other professional fees (attach schedule)....        
17 Interest............... 60 60    
18 Taxes (attach schedule) (see page 14 of the instructions)        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 35      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,220 60   0
25 Contributions, gifts, grants paid........ 109,980 109,980
26 Total expenses and disbursements. Add lines 24 and 25 111,200 60   109,980
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 423,397
b Net investment income (if negative, enter -0-) 102,057
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 250,622 247,234  
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 498,394 Click to see attachment927,211 933,930
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 749,016 1,174,445 933,930
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 749,016 1,174,445
30 Total net assets or fund balances (see page 17 of the
instructions).................... 749,016 1,174,445
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 749,016 1,174,445
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)............... 1 749,016
2 Enter amount from Part I, line 27a...................... 2 423,397
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 2,032
4 Add lines 1, 2, and 3.......................... 4 1,174,445
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 1,174,445
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 AAPL APR 17 P 2010-04-01 2010-04-19
b APPL OCT 16 P 2010-10-01 2010-10-18
c 1000 SHS ABBOTT LABS P 2010-05-21 2010-08-20
d ABT JUL 17 CALL P 2010-06-21 2010-07-19
e ABT JUN 19 CALL P 2010-05-24 2010-06-21
1000 SHS BARRICK GOLD P 2009-12-18 2010-04-30
BARRICK GOLD ASSIGN CALL P 2010-05-21 2010-05-21
BARRICK GOLD WASH SALE ADJ P 2010-05-21 2010-05-21
200 SHS BARRICK GOLD P 2010-05-21 2010-06-16
1300 SHS BARRICK GOLD P 2010-05-21 2010-06-16
BARRICK GOLD WASH SALE ADJ P 2010-06-16 2010-06-16
BARRICK GOLD ASSIGN CALL P 2010-07-16 2010-08-20
BARRICK GOLD COV SHORT P 2010-06-18 2010-06-23
ABX APR 17 CALL P 2010-03-22 2010-04-19
ABX FEB 20 CALL P 2010-01-25 2010-02-22
ABX JAN 16 CALL P 2009-12-21 2010-01-19
ABX JUN 19 CALL P 2010-05-19 2010-06-21
ABX MAR 20 CALL P 2010-03-01 2010-03-22
ABX MAR 20 CALL P 2010-02-19 2010-03-22
ABX MAY 22 PUT P 2010-05-17 2010-05-19
ABX DEC 18 PUT P 2010-11-26 2010-12-20
BMO MAY 22 PUT P 2010-04-19 2010-05-24
1000 SHS CENTR EUR DISTR P 2009-11-20 2010-01-15
CEDC APR 17 PUT P 2010-03-24 2010-04-19
CEDC AUG 21 CALL P 2010-07-22 2010-08-23
CEDC DEC 18 CALL P 2010-12-02 2010-12-20
CEDC JUL 17 PUT P 2010-06-23 2010-07-19
CEDC JUN 19 CALL P 2010-05-24 2010-06-21
CEDC NOV 20 CALL P 2010-10-18 2010-11-22
CEDC NOV 20 CALL P 2010-10-25 2010-11-22
CEDC NOV 20 PUT P 2010-10-18 2010-11-22
CEDC OCT 16 PUT P 2010-09-22 2010-10-18
CEDC SEP 18 CALL P 2010-09-08 2010-09-20
1000 CONSTELLATION ENERGY P 2010-01-15 2010-03-05
100 CONSTELLATION ENERGY P 2010-03-15 2010-04-08
900 CONSTELLATION ENERGY P 2010-03-15 2010-04-15
1000 CONSTELLATION ENERGY P 2010-08-20 2010-09-17
CEG APR 17 PUT P 2010-03-09 2010-04-19
CEG OCT 16 PUT P 2010-09-20 2010-10-18
500 CNOOC LTD P 2009-12-18 2010-01-08
500 CNOOC LTD P 2010-01-15 2010-01-15
CEO APR 17 PUT P 2010-03-22 2010-04-19
CEO AUG 21 PUT P 2010-07-19 2010-08-23
CEO FEB 20 PUT P 2010-01-18 2010-02-22
CEO MAR 20 PUT P 2010-02-23 2010-03-22
CEO MAR 20 PUT P 2010-02-22 2010-03-22
CNQ NOV 20 PUT P 2010-10-20 2010-11-22
1500 CISCO SYSTEMS P 2010-05-21 2010-09-24
CISCO SYSTEMS WASH SALE ADJ P 2010-09-17 2010-09-24
1500 CISCO SYSTEMS P 2010-09-17 2010-10-15
CISCO SYSTEMS WASH SALE ADJ P 2010-10-15 2010-10-15
CSCO AUG 21 CALL P 2010-07-19 2010-08-23
CSCO DEC 18 CALL P 2010-11-15 2010-12-20
CSCO DEC 18 PUT P 2010-11-17 2010-12-20
CSCO JUL 17 CALL P 2010-06-21 2010-07-19
CSCO JUN 19 CALL P 2010-05-24 2010-06-21
CSCO NOV 12 CALL P 2010-11-11 2010-11-15
CSCO OCT 01 CALL P 2010-09-23 2010-10-04
CSCO OCT 16 PUT P 2010-09-27 2010-10-18
CUV MAR 20 PUT P 2010-02-22 2010-03-22
1500COMMUNITY HEALTH SYS INC P 2009-11-16 2010-01-15
1000 COMMUNITY HEALTH SYS P 2010-03-22 2010-09-17
1000 COMMUNITY HEALTH SYS P 2010-08-20 2010-09-17
CYM APR 17 PUT P 2010-03-25 2010-04-19
CYM APR 17 CALL P 2010-03-22 2010-04-19
CYM AUG 21 CALL P 2010-07-21 2010-08-23
CYM FEB 20 PUT P 2010-01-19 2010-02-22
CYM JUL 17 CALL P 2010-06-21 2010-07-19
CYM JUN 19 CALL P 2010-05-24 2010-06-21
CYM MAR 20 PUT P 2010-03-10 2010-03-22
CYM MAY 22 CALL P 2010-04-19 2010-05-24
CYQ FEB 20 PUT P 2010-01-20 2010-02-22
EMC NOV 20 CALL P 2010-10-15 2010-10-18
EMC OCT 16 PUT P 2010-10-15 2010-10-18
EPD NOV 20 PUT P 2010-10-20 2010-11-22
ISHARES MSCI AUSTRALIA P 2010-05-21 2010-09-17
EWA APR 17 PUT P 2010-03-24 2010-04-19
EWA AUG 21 CALL P 2010-07-19 2010-08-23
EWA JUL 17 CALL P 2010-06-21 2010-07-19
EWA JUN 19 CALL P 2010-05-24 2010-06-21
EWA MAY 22 CALL P 2010-05-19 2010-05-24
ISHARES MSCI CANADA INDEX FD P 2010-05-21 2010-06-18
ISHARES MSCI CANADA INDEX FD P 2010-07-16 2010-09-17
EWC APR 17 PUT P 2010-03-24 2010-04-19
EAGLE MATERIALS P 2010-02-19 2010-03-17
EXP APR 17 PUT P 2010-03-24 2010-04-19
EXP FEB 20 PUT P 2010-01-19 2010-02-22
EXP OCT 16 PUT P 2010-09-20 2010-10-18
EXP SEP 18 PUT P 2010-08-16 2010-09-20
FNF DEC 18 PUT P 2010-11-22 2010-12-20
FNF FEB 20 PUT P 2010-01-25 2010-02-22
FNF JUL 17 PUT P 2010-06-25 2010-07-19
FNF NOV 20 PUT P 2010-10-11 2010-11-22
GCZ APR 17 PUT P 2010-03-22 2010-04-19
GCZ FEB 20 CALL P 2010-01-19 2010-02-22
GCZ JAN 16 CALL P 2009-12-21 2010-01-19
GCZ MAR 20 PUT P 2010-02-22 2010-03-22
2000 GE P 2010-05-21 2010-09-17
GE AUG 21 CALL P 2010-07-19 2010-08-23
GE JUL 17 CALL P 2010-06-21 2010-07-19
GE JUN 19 CALL P 2010-05-24 2010-06-21
SPDR GOLD TRUST P 2009-12-18 2010-02-19
GLD MAY 22 PUT P 2010-04-19 2010-05-24
GOOG AUG 21 PUT P 2010-07-19 2010-08-23
GOOG JUL 17 PUT P 2010-06-18 2010-07-16
GOOG JUN 19 PUT P 2010-05-19 2010-06-18
GOOG MAY 22 PUT P 2010-04-19 2010-05-19
GOOG NOV 20 PUT P 2010-10-11 2010-11-22
GOLDMAN SACHS GROUP P 2009-12-18 2010-01-15
GOLDMAN SACHS GROUP P 2010-05-21 2010-07-16
GS AUG 21 PUT P 2010-07-19 2010-08-23
GS JUN 19 CALL P 2010-05-24 2010-06-21
HEWLETT PACKARD P 2010-08-20 2010-10-15
ITRI DEC 18 CALL P 2010-12-07 2010-12-20
JA SOLAR HOLDINGS P 2009-05-15 2010-01-15
JPM MAR 20 PUT P 2010-02-23 2010-03-22
KINETIC CONCEPTS P 2010-10-11 2010-11-19
KINETIC CONCEPTS P 2010-11-19 2010-11-19
KINETIC CONCEPTS WASH SALE ADJ P 2010-11-19 2010-11-19
KCI DEC 18 PUT P 2010-11-22 2010-12-20
KCI NOV 20 PUT P 2010-11-01 2010-11-22
KCI NOV 20 PUT P 2010-10-11 2010-11-01
KCI OCT 16 PUT P 2010-10-11 2010-10-18
KINDER MORGAN ENERGY PRTRS P 2010-05-21 2010-06-18
K-SEA TRANSPORTATION PRTRS P 2009-10-29 2010-01-28
KSP MAR 20 CALL P 2009-12-28 2010-03-22
LILLY ELI CO P 2010-05-21 2010-08-10
LLY JUL 17 CALL P 2010-06-21 2010-07-19
LLY JUN 19 CALL P 2010-05-24 2010-06-21
LG DISPLAY CO P 2010-05-21 2010-09-17
LPL AUG 21 CALL P 2010-07-19 2010-08-23
LPL JUL 17 CALL P 2010-06-21 2010-07-19
LPL JUN 19 CALL P 2010-05-24 2010-06-21
MCD MAY 22 PUT P 2010-04-07 2010-05-24
MEDTRONIC INC P 2010-08-20 2010-08-23
MEDTRONIC INC P 2010-09-17 2010-12-17
MDT NOV 20 CALL P 2010-10-18 2010-11-22
MDT OCT 16 CALL P 2010-09-20 2010-10-18
MORGAN STANLEY P 2010-01-26 2010-03-19
MS APR 17 PUT P 2010-03-22 2010-04-19
MS FEB 20 CALL P 2010-01-26 2010-02-22
MS FEB 20 PUT P 2010-01-26 2010-02-22
NEWMONT MINING P 2010-05-21 2010-05-24
NEWMONT MINING P 2010-05-21 2010-05-24
NEM APR 17 PUT P 2010-03-22 2010-04-19
NEM DEC 18 PUT P 2010-11-22 2010-12-20
NEM JUN 19 PUT P 2010-05-24 2010-06-21
NEM MAY 22 PUT P 2010-04-19 2010-05-24
NEM NOV 20 PUT P 2010-10-21 2010-11-22
ANNALY CAPITAL MGMT INC P 2009-12-21 2010-03-17
NLY FEB 20 CALL P 2010-01-06 2010-02-22
NLY JAN 16 CALL P 2009-12-21 2010-01-19
NLY NOV 20 PUT P 2010-10-18 2010-11-22
NLY OCT 16 PUT P 2010-09-20 2010-10-18
NS JUL 17 PUT P 2010-06-18 2010-07-19
NS JUN 19 PUT P 2010-05-19 2010-06-18
NS MAY 22 PUT P 2010-04-26 2010-05-19
NS NOV 20 PUT P 2010-10-20 2010-11-22
PAR DEC 18 PUT P 2010-09-07 2010-10-15
PAR OCT 16 PUT P 2010-08-30 2010-10-15
PBR DEC 18 PUT P 2010-11-22 2010-12-20
PBR NOV 20 PUT P 2010-10-18 2010-11-22
PBR OCT 16 PUT P 2010-09-20 2010-10-18
PBR SEP 18 PUT P 2010-08-19 2010-09-20
PETM MAY 22 PUT P 2010-04-19 2010-05-24
PKK APR 17 PUT P 2010-03-24 2010-04-19
POT SEP 18 PUT P 2010-08-18 2010-09-07
PYP FEB 20 PUT P 2010-01-05 2010-02-22
PYP MAR 20 PUT P 2010-02-22 2010-03-22
QUALCOMM INC P 2010-05-21 2010-08-20
QCOM JUL 17 CALL P 2010-06-21 2010-07-19
QCOM JUN 19 CALL P 2010-05-24 2010-06-21
QCOM MAY 22 CALL P 2010-05-11 2010-05-24
QJP JAN 16 PUT P 2009-12-21 2010-01-19
RFY APR 17 PUT P 2010-04-01 2010-04-19
TRANSOCEAN LTD P 2010-06-10 2010-09-17
TRANSOCEAN LTD P 2010-06-18 2010-09-17
RIG AUG 21 CALL P 2010-07-19 2010-08-23
RIG JUL 17 CALL P 2010-06-21 2010-07-19
RIG JUN 19 CALL P 2010-05-25 2010-06-21
RIG MAY 22 CALL P 2010-05-11 2010-05-24
RIG MAY 22 CALL P 2010-05-10 2010-05-24
RIG MAY 22 PUT P 2010-05-05 2010-05-19
RIG OCT 16 PUT P 2010-09-20 2010-10-18
RIO TINOT PLC P 2010-04-28 2010-05-24
RTP FEB 20 PUT P 2010-01-26 2010-02-22
RTP JUN 19 PUT P 2010-05-24 2010-06-21
RTP JUN 19 CALL P 2010-05-03 2010-06-21
RTP MAY 22 CALL P 2010-05-03 2010-05-24
RTP MAY 22 CALL P 2010-04-28 2010-05-24
STANCORP FIN GRP INC P 2009-11-20 2010-01-15
STANCORP FIN GRP INC P 2010-06-30 2010-10-28
STANCORP FIN GRP INC P 2010-11-02 2010-11-16
SFG AUG 21 PUT P 2010-07-20 2010-08-23
SFG FEB 20 PUT P 2010-01-22 2010-02-22
SFG JUL 17 PUT P 2010-07-01 2010-07-19
SFG NOV 20 PUT P 2010-11-03 2010-11-22
SFG OCT 16 PUT P 2010-09-23 2010-10-18
SFG SEP 18 PUT P 2010-08-23 2010-09-20
PROSHARES ULTRAPRO SHORT S P P 2010-09-27 2010-12-21
PROSHARES ULTRAPRO SHORT SP P 2010-09-27 2010-12-21
SPXU DEC 18 CALL P 2010-12-09 2010-12-20
SPXU DEC 18 CALL P 2010-11-22 2010-12-20
SPXU NOV 20 CALL P 2010-11-04 2010-11-22
SPXU NOV 20 CALL P 2010-10-18 2010-11-22
SPXU OCT 16 CALL P 2010-09-27 2010-10-18
SPXU OCT 16 CALL P 2010-10-11 2010-10-18
TRM DEC 18 PUT P 2010-11-18 2010-12-20
WELLS FARGO CO P 2010-08-20 2010-08-23
WFC NOV 20 PUT P 2010-10-20 2010-11-22
WFC SEP 18 PUT P 2010-08-23 2010-09-20
WM DEC 18 PUT P 2010-11-22 2010-12-20
WM NOV 20 PUT P 2010-11-02 2010-11-22
(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 1,063     1,063
b 228     228
c 49,426   48,674 752
d 904     904
e 634     634
43,621   43,154 467
41,244   42,654 -1,410
1,410     1,410
8,656   8,592 64
56,315   57,255 -940
1,048     1,048
43,846   43,512 334
68,267   66,368 1,899
1,004     1,004
184     184
914     914
4,672     4,672
524     524
864     864
1,234   3,796 -2,562
577     577
206     206
30,526   33,124 -2,598
934     934
184     184
834     834
1,077     1,077
277     277
313     313
313     313
734     734
1,319     1,319
84     84
35,626   34,424 1,202
3,630   3,576 54
32,737   32,182 555
30,376   29,524 852
1,037     1,037
584     584
84,140   77,620 6,520
79,629   83,420 -3,791
1,904     1,904
2,709     2,709
1,088     1,088
763     763
1,384     1,384
877     877
33,362   37,182 -3,820
3,820     3,820
34,592   36,442 -1,850
1,850     1,850
297     297
1,762     1,762
521     521
191     191
386     386
722     722
281     281
266     266
1,619     1,619
54,947   49,946 5,001
30,380   39,857 -9,477
29,230   29,324 -94
434     434
1,734     1,734
284     284
1,977     1,977
334     334
1,234     1,234
734     734
1,634     1,634
1,197     1,197
2,729   3,181 -452
479     479
777     777
44,468   45,331 -863
277     277
177     177
177     177
362     362
177     177
53,739   51,631 2,108
26,926   25,724 1,202
134     134
50,668   48,431 2,237
28     28
704     704
283     283
477     477
562     562
954     954
177     177
762     762
528     528
1,153     1,153
868     868
483     483
32,288   33,791 -1,503
277     277
330     330
697     697
54,650   55,210 -560
349     349
4,580     4,580
3,830   6,730 -2,900
7,012   610 6,402
635   3,064 -2,429
1,610     1,610
84,954   82,970 1,984
73,729   72,120 1,609
1,213     1,213
1,223     1,223
84,568   83,991 577
956     956
10,269   6,331 3,938
1,317     1,317
37,676   37,929 -253
40,076   39,727 349
253     253
1,706     1,706
2,277     2,277
1,584   766 818
177     177
97,996   97,227 769
21,792   23,702 -1,910
377     377
35,596   34,334 1,262
444     444
184     184
45,711   51,639 -5,928
719     719
2,749     2,749
2,819     2,819
564     564
35,252   34,394 858
35,786   34,064 1,722
284     284
244     244
57,388   56,228 1,160
557     557
1,317     1,317
837     837
37,280   39,409 -2,129
42,607   45,039 -2,432
1,757     1,757
1,044     1,044
7,481     7,481
682     682
1,064     1,064
72,913   74,807 -1,894
1,122     1,122
402     402
177     177
457     457
1,031     1,031
7,564   5,419 2,145
281   7,444 -7,163
384     384
454     454
954     954
554     554
494     494
574     574
444     444
334     334
313     313
1,203   217 986
1,457     1,457
788     788
38,626   38,694 -68
234     234
384     384
244     244
277     277
431     431
54,302   55,581 -1,279
6,034   6,183 -149
394     394
1,704     1,704
641     641
671     671
237     237
1,450   6,756 -5,306
984     984
85,111   109,337 -24,226
888     888
7,377     7,377
1,434     1,434
1,284     1,284
4,088     4,088
41,126   39,024 2,102
43,491   41,346 2,145
40,626   42,808 -2,182
334     334
734     734
734     734
477     477
484     484
834     834
15,728   21,435 -5,707
23,604   32,153 -8,549
569     569
1,277     1,277
569     569
1,577     1,577
2,577     2,577
284     284
484     484
48,971   49,271 -300
437     437
797     797
1,769     1,769
599     599
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       1,063
b       228
c       752
d       904
e       634
      467
      -1,410
      1,410
      64
      -940
      1,048
      334
      1,899
      1,004
      184
      914
      4,672
      524
      864
      -2,562
      577
      206
      -2,598
      934
      184
      834
      1,077
      277
      313
      313
      734
      1,319
      84
      1,202
      54
      555
      852
      1,037
      584
      6,520
      -3,791
      1,904
      2,709
      1,088
      763
      1,384
      877
      -3,820
      3,820
      -1,850
      1,850
      297
      1,762
      521
      191
      386
      722
      281
      266
      1,619
      5,001
      -9,477
      -94
      434
      1,734
      284
      1,977
      334
      1,234
      734
      1,634
      1,197
      -452
      479
      777
      -863
      277
      177
      177
      362
      177
      2,108
      1,202
      134
      2,237
      28
      704
      283
      477
      562
      954
      177
      762
      528
      1,153
      868
      483
      -1,503
      277
      330
      697
      -560
      349
      4,580
      -2,900
      6,402
      -2,429
      1,610
      1,984
      1,609
      1,213
      1,223
      577
      956
      3,938
      1,317
      -253
      349
      253
      1,706
      2,277
      818
      177
      769
      -1,910
      377
      1,262
      444
      184
      -5,928
      719
      2,749
      2,819
      564
      858
      1,722
      284
      244
      1,160
      557
      1,317
      837
      -2,129
      -2,432
      1,757
      1,044
      7,481
      682
      1,064
      -1,894
      1,122
      402
      177
      457
      1,031
      2,145
      -7,163
      384
      454
      954
      554
      494
      574
      444
      334
      313
      986
      1,457
      788
      -68
      234
      384
      244
      277
      431
      -1,279
      -149
      394
      1,704
      641
      671
      237
      -5,306
      984
      -24,226
      888
      7,377
      1,434
      1,284
      4,088
      2,102
      2,145
      -2,182
      334
      734
      734
      477
      484
      834
      -5,707
      -8,549
      569
      1,277
      569
      1,577
      2,577
      284
      484
      -300
      437
      797
      1,769
      599
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 94,647
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 94,647
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 93,121 945,612 000.098477
2008 107,012 805,450 000.132860
2007 104,306 822,654 000.126792
2006 66,075 822,654 000.080319
2005 65,227 694,357 000.093939
2 Total of line 1, column (d) ...................... 2 000.532387
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 000.106477
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 945,612
5 Multiply line 4 by line 3....................... 5 100,686
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,021
7 Add lines 5 and 6......................... 7 101,707
8 Enter qualifying distributions from Part XII, line 4.............. 8 109,980
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 1,021
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 1,021
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 1,021
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 611
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Tax Paid Original Return: 611 7 611
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 410
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet   Refunded Bullet 11  
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
 
 
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
 
 
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
 
 
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)bulletWA
    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
     
     
    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 ofbulletJOHN J TENNANT JR Telephone no.bullet (503) 241-1255
    Located atbullet1498 SE TECH CENTER PL STE 160VANCOUVERWA ZIP+4bullet98683
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2010?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
     
    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
    JOHN J TENNANT JR PRESIDENT
    001.00     		0    
    1498 SE TECH CENTER PL STE 160
    VANCOUVER,WA98683
    LOIS A TENNANT SECRETARY
    000.00     		0    
    1498 SE TECH CENTER PL STE 160
    VANCOUVER,WA98683
    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
     
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 N/A 0
    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 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.)
    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
    712,803
    b
    Average of monthly cash balances.......................
    1b
    247,209
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    960,012
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d..........................
    3
    960,012
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) Click to see attachment............................
    4
    14,400
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    945,612
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    47,281
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    47,281
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    1,021
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,021
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    46,260
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    46,260
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    46,260
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 Click to see attachment..........
    1a
    109,980
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    109,980
    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
    1,021
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    108,959
    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 46,260
    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....... 65,227
    b From 2006....... 32,620
    c From 2007....... 68,041
    d From 2008....... 67,949
    e From 2009....... 93,121
    fTotal of lines 3a through e......... 326,958
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 109,980
    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..... 46,260
    e Remaining amount distributed out of corpus 63,720
    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 5 390,678
    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) .............     		65,227
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		325,451
    10 Analysis of line 9:
    a Excess from 2006.... 32,620
    b Excess from 2007.... 68,041
    c Excess from 2008.... 67,949
    d Excess from 2009.... 93,121
    e Excess from 2010.... 63,720
    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
    AMERICAN CANCER SOCIETY
    2011 MAIN ST
    VANCOUVER,WA98666     		    GENERAL PURPOSE 100
    BOYS GIRLS CLUB OF SW WASHINGTON
    409 NE ANDERSON ST
    VANCOUVER,WA98665     		    GENERAL PURPOSE 58,000
    BOYS GIRLS CLUBS OF MONTEREY
    1332 LA SALLE
    SEASIDE,CA93955     		    GENERAL PURPOSE 6,250
    CASA OF CENTRAL OREGON
    231 NORTH MAIN ST
    PRINEVILLE,OR97754     		    GENERAL PURPOSE 100
    CHILDREN'S CENTER
    415 W 11TH ST
    VANCOUVER,WA98660     		    GENERAL PURPOSE 1,000
    DEL MONTE FOREST PROPERTY OWNERS
    3101 FOREST LAKE RD
    PEBBLE BEACH,CA93953     		    GENERAL PURPOSE 50
    DEPAUL TREATMENT CENTERS
    1312 SW WASHINGOTN
    PORTLAND,OR97208     		    GENERAL PURPOSE 120
    GALES CREEK CAMP
    6975 SW SANDBURG ST STE 150
    PORTLAND,OR97223     		    GENERAL PURPOSE 150
    INCIGHT
    310 SW 4TH AVE
    PORTLAND,OR97204     		    GENERAL PURPOSE 250
    JESUIT HIGH SCHOOL
    9000 SW BVTN HILLSDALE HWY
    PORTLAND,OR97225     		    GENERAL PURPOSE 1,000
    LOAVES FISHES
    210 N MAIN ST
    VANCOUVER,WA98642     		    GENERAL PURPOSE 5,500
    MAYO CLINIC
    200 1ST ST SW
    ROCHESTER,MN55905     		    GENERAL PURPOSE 100
    PROJECT HOPE
    223 NE RUSSELL
    PORTLAND,OR97212     		    GENERAL PURPOSE 1,000
    ST MARY'S HOME FOR BOYS
    16535 SE TV HWY
    BEAVERTON,OR97006     		    GENERAL PURPOSE 5,750
    TRANSITIONAL YOUTH
    606 NW 78TH ST
    VANCOUVER,WA98665     		    GENERAL PURPOSE 10,000
    VANCOUVER NATIONAL HISTORIC RESERVE
    612 E RESERVE ST
    VANCOUVER,WA98661     		    GENERAL PURPOSE 3,000
    VANCOUVER SYMPHONY
    PO BOX 525
    VANCOUVER,WA98666     		    GENERAL PURPOSE 100
    VANCOUVER WOMEN'S FOUNDATION
    1053 OFFICERS ROW
    VANCOUVER,WA98661     		    GENERAL PURPOSE 2,010
    VERITAS CHARITY CHALLENGE
    60 GARDEN COURT STE 350
    MONTEREY,CA93940     		    GENERAL PURPOSE 500
    YOUNG AMERICA'S FOUNDATION
    110 ELDEN ST
    HERNDON,VA20170     		    GENERAL PURPOSE 15,000
    Total .................................bullet 3a 109,980
    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 7,470  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 94,647  
    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)..   102,117  
    13Total. Add line 12, columns (b), (d), and (e)...................
    13102,117
    (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.)
    N/A 0
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash....................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements............................
    1b(4)
     
    No
    (5) Loans or loan guarantees..............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID: 10000149
    Software Version: 2010.2.15
    Part VI Line 7 - Tax Paid Original Return: 611


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2010
    Name of organization
    JOHN J AND LOIS A TENNANT FOUNDATION
     
    Employer identification number

    91-1912105
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule—
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990, or check the box in the heading of its
    Form 990-EZ, or on line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part I
    Name of organization
    JOHN J AND LOIS A TENNANT FOUNDATION
          		Employer identification number

    91-1912105
    Part I
    Contributors (see Instructions)
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    0001
    JOHN & LOIS TENNANT
     

         
    PO BOX 938
       
    VANCOUVER, WA   98666

    		$432,480




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part II
    Name of organization
    JOHN J AND LOIS A TENNANT FOUNDATION
          		Employer identification number

    91-1912105
    Part II
    Noncash Property (see Instructions)
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    0001
    		 16,000 SHARES US BANCORP STOCK   $432,480 2010-12-27
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part III
    Name of organization
    JOHN J AND LOIS A TENNANT FOUNDATION
          		Employer identification number

    91-1912105
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    aggregating more than $1,000 for the year. (Complete columns (a) through (e) and the following line entry.)
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Additional Data


    Software ID: 10000149
    Software Version: 2010.2.15

    TY 2010 AccountingFeesSchedule
    Name:
    JOHN J AND LOIS A TENNANT FOUNDATION
    EIN: 91-1912105
    Software ID:10000149
    Software Version:2010.2.15
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DAVID T SHEETS CPA 1,125      

    TY 2010 GeneralExplanationAttachment
    Name:
    JOHN J AND LOIS A TENNANT FOUNDATION
    EIN: 91-1912105
    Software ID:10000149
    Software Version:2010.2.15
    Identifier Return Reference Explanation

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    JOHN J AND LOIS A TENNANT FOUNDATION
    EIN: 91-1912105
    Software ID:10000149
    Software Version:2010.2.15
    Name of Stock End of Year Book Value End of Year Fair Market Value
    4000 shares of ANNALY CAP MGMT INC    
    1000 shares of BARRICK GOLD CORP    
    1000 shares of CENTR EURO DISTRIBUTION CP 34,324 22,900
    500 shares of CHINA NATIONAL OFFSHORE    
    1500 shares of COMMUNITY HEALTH SYSTEMS    
    5500 shares of CISCO SYSTEMS INC 116,625 111,265
    3000 shares of CONSTELLATION ENERGY GROUP INC 86,139 91,890
    2000 shares of ENTERPRISE PRODUCTS PARTNERS LP 79,531 83,220
    1500 shares of ITRON INC 80,791 83,175
    2000 shares of UNITED RENTALS CV COM 44,511 45,500
    16000 shares of US BANCORP COMMON 432,480 431,520
    1500 shares of VODAFONE GROUP PLC ADR 40,302 39,660
    1000 shares of METLIFE INC PFD B 12,508 24,800
    500 shares of GOLDMAN SACHS GROUP    
    2000 shares of JA SOLAR HOLDINGS CO    
    2000 shares of K-SEA TRANSPORTATION PRTRS    
    500 shares of SPDR GOLD TR GOLD SHS ETF    
    1000 shares of STANCORP FINANCIAL    

    TY 2010 OtherExpensesSchedule
    Name:
    JOHN J AND LOIS A TENNANT FOUNDATION
    EIN: 91-1912105
    Software ID:10000149
    Software Version:2010.2.15
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LICENSES 35      


    TY 2010 OtherIncreasesSchedule
    Name:
    JOHN J AND LOIS A TENNANT FOUNDATION
    EIN: 91-1912105
    Software ID:10000149
    Software Version:2010.2.15
    Description Amount
    BOOK ADJUSTMENT FOR UNREALIZED GAINS AND LOSSES 2,032