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 04-01-2010 , and ending 03-31-2011

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

Amended returnAddress changeName change

Name of foundation
C J HEILIG FOUNDATION INC CO DR WILLIAM LECATES

Number and street (or P.O. box number if mail is not delivered to street address)87 CHESTNUT STREET Room/suite

City or town, state, and ZIP code
COOPERSTOWN, NY13326

A Employer identification number

06-1483018

B Telephone number (see page 10 of the instructions)

(607) 547-4805

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

$9,210,525J 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	(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	3,143		3,143
4	Dividends and interest from securities......	319,706		319,706
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		443,300
b	Gross sales price for all assets on line 6a 2,226,332
7	Capital gain net income (from Part IV, line 2)...			443,300
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........	766,149		766,149
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		15,304	0	0
b	Accounting fees (attach schedule).......		1,250	0	0
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see page 14 of the instructions)		5,303	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		938	0	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	22,795		0	0
25	Contributions, gifts, grants paid........	268,933			268,933
26	Total expenses and disbursements. Add lines 24 and 25	291,728		0	268,933
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	474,421
b	Net investment income (if negative, enter -0-)			766,149
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	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...............
	2	Savings and temporary cash investments..........	1,304,294	1,303,930	1,320,478
	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)	602,048	201,134	205,755
	b	Investments—corporate stock (attach schedule)........	4,285,090	4,719,030	5,391,227
	c	Investments—corporate bonds (attach schedule)........	1,649,775	2,091,534	2,293,065
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	7,841,207	8,315,628	9,210,525
	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	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.........	0	0
	28	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	29	Retained earnings, accumulated income, endowment, or other funds	7,841,207	8,315,628
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	7,841,207	8,315,628
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	7,841,207	8,315,628

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	7,841,207
2	Enter amount from Part I, line 27a......................	2	474,421
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	8,315,628
5	Decreases not included in line 2 (itemize)	5	0
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30..	6	8,315,628

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.)		(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	500 SH CLOROX INC	2008-12-30	2010-09-14
b	498 SH ITT CORP	2009-10-01	2010-05-05
c	350 SH CLOROX INC	2010-02-18	2010-09-14
d	300 SH ADP	2008-11-06	2010-12-27
e	1000 SH XTO ENERGY INC	2009-09-18	2010-05-05
	1000 SH MASSEY ENERGY	2010-01-14	2010-11-04
	900 SH TEXAS INSTRUMENT	1997-05-16	2010-04-02
	502 SH ITT CORP	1998-07-01	2010-05-05
	500 SH SOUTHERN CO	2003-08-05	2010-05-05
	15000 ST CT BOND	1999-11-15	2010-04-05
	1100 SH TEXAS INSTRUMENT	1997-05-16	2010-04-02
	1000 SH THERMO FISCHER SCIENTIFIC	2009-02-03	2010-05-05
	1000 SH PLUM CREEK	2003-04-21	2010-05-05
	70000 DALLAS TX BOND	1987-06-26	2010-07-08
	671 SH FRONTIER COMMUNICATIONS	2009-01-21	2010-07-09
	650 SH LOCKHEED MARTIN CORP	2010-02-18	2010-09-14
	600 SH CISCO SYSTEMS INC	2008-11-03	2010-08-09
	50000 ST OF CT BOND	1999-08-17	2010-06-28
	5000 ST OF CT BOND	1996-01-17	2010-07-01
	5000 SH BAC ARN MXEA	2009-10-29	2011-01-14
	5000 PUERTO RICO ELEC PWR BOND	1998-10-23	2010-07-01
	500 SH PAYCHEX INC	2010-07-08	2010-12-27
	500 SH ORACLE	2008-11-06	2010-08-09
	500 SH ORACLE	2008-11-06	2010-12-27
	500 SH MISCROSOFT	2003-10-24	2010-08-09
	500 SH KINDER MORGAN ENERGY	2009-07-23	2010-12-27
	500 SH CHEVRON CORP	2008-11-06	2011-01-20
	50 SH DEERE CO	2008-12-12	2011-01-31
	40000 MONTANA ST BOND	1985-08-23	2010-12-01
	400 SH UNITED TECHNOLOGIES	1997-05-16	2010-11-04
	400 SH SCHLUMBERGER	2010-02-22	2011-02-18
	400 SH PRUDENTIAL FINANCIAL	2008-11-06	2011-02-18
	400 SH CATERPILLAR INC	2008-12-12	2010-12-27
	400 SH ADP	2008-11-06	2010-08-09
	350 SH DEERE CO	2008-12-12	2011-01-31
	300 SH MCDONALD CORS	2009-05-05	2010-12-27
	300 SH HEWLETT PACKARD	2008-11-03	2010-08-09
	25000 DALLAS TX BOND	1987-06-26	2010-07-08
	20000 UCONN BOND	1998-02-06	2010-07-16
	20000 ST OF CT HEFA REV BOND	1998-08-27	2010-07-01
	2000 SH TEXAS INSTRUMENT	1997-05-16	2010-07-21
	2000 SH INTEL CORP	2009-09-18	2010-08-09
	2000 SH CVS CAREMARK	2008-08-11	2010-08-09
	200 SH MCKESSON CORP	2008-12-30	2010-12-27
	192000 MAKETABLE CD'S	2008-09-08	2010-09-17
	1800 SH VODAPHONE	2010-05-20	2011-02-18
	1650 SH FIRST ENERGY CORP	2008-11-06	2010-11-24
	15000 PUERTO RICO BONC	1998-10-23	2010-11-15
	1500 SH PLUM CREEK TIMBER CO	2003-06-02	2010-09-14
	1500 SH MARATHON OIL	2008-11-06	2011-02-18
	1200 SH COMCAST INC NEW	2008-11-03	2010-12-27
	100000 ST OF CT HEFA REV BOND	1998-06-30	2010-07-01
	100000 ST OF CT HEFA REV BOND	2000-09-27	2010-07-01
	100000 SO CENTRAL CT WATER AUTH BOND	2004-09-29	2010-07-08
	1000 SH UNITED TECHNOLOGIES	1997-05-16	2010-07-21
	1000 SH TORCHMARK	2008-11-06	2011-02-18
	1000 SH ORACLE CORP	2008-11-06	2011-02-18
	1000 SH JOHNSON & JOHNSON	2009-04-07	2010-07-21
	1000 SH FORD MTR CO PFRD	2003-09-26	2010-10-05
	1000 SH DISTRIBUTIVE ENERGY	2003-06-23	2011-01-20
	1000 CENTURYLINK INC	2010-03-05	2010-11-04

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	32,918	27,506	5,412
b	26,321	25,499	822
c	23,043	21,504	1,539
d	13,683	10,451	3,232
e	45,710	43,714	1,996
	41,391	50,116	-8,725
	21,975	10,329	11,646
	26,533	9,381	17,152
	16,929	14,096	2,833
	15,150	14,098	1,052
	26,866	12,624	14,242
	53,829	39,934	13,895
	38,118	25,101	13,017
	64,676	37,324	27,352
	4,818	3,421	1,397
	44,256	50,079	-5,823
	14,474	10,579	3,895
	50,500	48,397	2,103
	5,000	4,972	28
	59,081	50,000	9,081
	5,000	4,964	36
	15,047	13,208	1,839
	12,010	8,634	3,376
	15,568	8,635	6,933
	12,578	13,672	-1,094
	34,382	27,463	6,919
	45,604	36,091	9,513
	4,501	1,862	2,639
	23,696	15,297	8,399
	30,005	7,838	22,167
	37,481	24,676	12,805
	26,429	14,335	12,094
	36,947	16,953	19,994
	16,427	13,935	2,492
	31,505	13,039	18,466
	22,604	16,188	6,416
	12,645	11,827	818
	23,928	13,300	10,628
	20,100	19,997	103
	20,000	20,002	-2
	48,302	25,434	22,868
	40,898	39,589	1,309
	59,289	67,626	-8,337
	13,962	7,751	6,211
	192,000	192,000	0
	52,546	34,141	18,405
	57,678	71,427	-13,749
	15,000	14,892	108
	53,532	38,567	14,965
	74,325	41,734	32,591
	26,052	19,968	6,084
	100,000	100,005	-5
	10,000	9,180	820
	100,766	98,458	2,308
	65,979	19,595	46,384
	64,831	37,080	27,751
	32,846	17,300	15,546
	56,378	52,144	4,234
	48,647	48,909	-262
	3	2,695	-2,692
	41,570	33,496	8,074

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			5,412
b			822
c			1,539
d			3,232
e			1,996
			-8,725
			11,646
			17,152
			2,833
			1,052
			14,242
			13,895
			13,017
			27,352
			1,397
			-5,823
			3,895
			2,103
			28
			9,081
			36
			1,839
			3,376
			6,933
			-1,094
			6,919
			9,513
			2,639
			8,399
			22,167
			12,805
			12,094
			19,994
			2,492
			18,466
			6,416
			818
			10,628
			103
			-2
			22,868
			1,309
			-8,337
			6,211
			0
			18,405
			-13,749
			108
			14,965
			32,591
			6,084
			-5
			820
			2,308
			46,384
			27,751
			15,546
			4,234
			-262
			-2,692
			8,074

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	443,300
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	160,697	5,488,729	0.029278
2008	133,977	3,327,785	0.040260
2007	130,299	2,816,290	0.046266
2006	124,687	2,648,773	0.047073
2005	86,000	2,553,280	0.033682

2	Total of line 1, column (d) ......................	2	0.196559
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	0.039312
4	Enter the net value of noncharitable-use assets for 2010 from Part X, line 5.....	4	8,560,374
5	Multiply line 4 by line 3.......................	5	336,525
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	7,661
7	Add lines 5 and 6.........................	7	344,186
8	Enter qualifying distributions from Part XII, line 4..............	8	268,933
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	15,323
	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	0
3	Add lines 1 and 2............................	3	15,323
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-).	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	15,323
6	Credits/Payments:

a	2010 estimated tax payments and 2009 overpayment credited to 2010	6a	5,520
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	5,520
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	9,803
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 tax	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

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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?

Website address bullet

N/A

The books are in care of bullet

WILLIAM LECATES Telephone no. bullet

(607) 547-4805

Located at bullet

87 CHESTNUT STREETCOOPERSTOWNNY ZIP+4 bullet

13326

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
DR WILLIAM LECATES	PRESIDENT 0.00	0	0	0
87 CHESTNUT STREET COOPERSTOWN,NY13326	PRESIDENT 0.00	0	0	0
DENNIS P CLARK	DIRECTOR 0.00	0	0	0
343 PATTON STREET CHESHIRE,CT06410	DIRECTOR 0.00	0	0	0
DEBORAH LECATES	DIRECTOR 0.00	0	0	0
87 CHESTNUT STREET COOPERSTOWN,NY13326	DIRECTOR 0.00	0	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...................				0

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

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


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...................

7,523,600

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

1,167,135

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

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

8,690,735

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..........................

8,690,735

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

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

130,361

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

8,560,374

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

428,019

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....................

428,019

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

15,323

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

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

15,323

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

412,696

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

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

412,696

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.................................

412,696

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 ..........

268,933

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

268,933

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...............

268,933

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	(b) Years prior to 2009	(c) 2009	(d) 2010
1 Distributable amount for 2010 from Part XI, line 7				412,696
2 Undistributed income, if any, as of the end of 2010:
a Enter amount for 2009 only.......			268,933
b Total for prior years:20, 20, 20		0
3 Excess distributions carryover, if any, to 2010:
a From 2005.......
b From 2006.......
c From 2007.......
d From 2008.......
e From 2009.......
fTotal of lines 3a through e.........	0
4Qualifying distributions for 2010 from Part
XII, line 4: $ 268,933
a Applied to 2009, but not more than line 2a			268,933
b Applied to undistributed income of prior years (Election required—see page 26 of the instructions)		0
c Treated as distributions out of corpus (Election required—see page 26 of the instructions)...	0
d Applied to 2010 distributable amount.....				0
e Remaining amount distributed out of corpus	0
5 Excess distributions carryover applied to 2010.	0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5	0
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........		0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......		0
d Subtract line 6c from line 6b. Taxable amount—see page 27 of the instructions ...		0
e Undistributed income for 2009. Subtract line 4a from line 2a. Taxable amount—see page 27 of the instructions ...........			0
f Undistributed income for 2010. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2011 ..........				412,696
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see page 27 of the instructions) ...........	0
8Excess distributions carryover from 2005 not applied on line 5 or line 7 (see page 27 of the instructions) .............	0
9Excess distributions carryover to 2011. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2006....
b Excess from 2007....
c Excess from 2008....
d Excess from 2009....
e Excess from 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 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:

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)

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
AFGHAN STRAY ANIMAL LEAGUE 3823 SO 14TH ST ARLINGTON,VA22204	NONE	PRIVATE	GENERAL PURPOSES	7,500
AMHERST COLLEGE P O BOX 5000 AMHERST,MA01002	NONE	PRIVATE	GENERAL PURPOSES	50,000
COOPERSTOWN FOUNDATION FOR EXCELLENCE IN EDUCATION 39 LINDEN AVE COOPERSTOWN,NY13326	NONE	PRIVATE	GENERAL PURPOSES	17,500
FREINDS OF MUSIC AND ART 39 LINDEN AVE COOPERSTOWN,NY13326	NONE	PRIVATE	GENERAL PURPOSES	5,000
FREINDS OF THE PARKS P O BOX 1008 COOPERSTOWN,NY13326	NONE	PRIVATE	GENERAL PURPOSES	1,000
FRIENDS OF BASSETT 1 ATWELL ROAD COOPERSTOWN,NY13326	NONE	PRIVATE	GENERAL PURPOSES	20,000
GIRLS ON THE RUN P O BOX 118 FLY CREEK,NY13337	NONE	PRIVATE	GENERAL PURPOSES	1,000
GRACE COTTAGE HOSPITAL FOUNDATION PO BOX 1 TOWNSHEND,VT05353	NONE	PRIVATE	GENERAL PURPOSES	5,000
HYDE HALL P O BOX 721 COOPERSTOWN,NY13326	NONE	PRIVATE	GENERAL PURPOSES	5,000
NY NATIONAL GUARD FAMILY READINESS COUNCIL 595 LOUDON ROAD LATHAM,NY12110	NONE	PRIVATE	GENERAL PURPOSES	6,933
NYSHA PO BOX 800 COOPERSTOWN,NY13326	NONE	PRIVATE	GENERAL PURPOSES	10,000
OTSEGO 2000 P O BOX 1130 COOPERSTOWN,NY13326	NONE	PRIVATE	GENERAL PURPOSES	15,000
OTSEGO LAND TRUST PO BOX 173 COOPERSTOWN,NY13326	NONE	PRIVATE	GENERAL PURPOSES	15,000
ST ALBANS ANGLICAN CHURCH INC 7530 DUGWAY ROAD CLINTON,NY13323	NONE	PRIVATE	GENERAL PURPOSES	10,000
SUFFERN PRESBYTERIAN CHURCH 81 WASHINGTON AVENUE SUFFERN,NY10901	NONE	PRIVATE	GENERAL PURPOSES	20,000
THE CLINTON CUDAS SWIM TEAM P O BOX 62 NEW HARTFORD,NY13413	NONE	PRIVATE	GENERAL PURPOSES	10,000
THE FARMERS MUSEUM PO BOX 30 COOPERSTOWNN,NY13326	NONE	PRIVATE	GENERAL PURPOSES	10,000
THE HERITAGE FOUNDATION 214 MASSACHUSETTS AVENUE NE WASHINGTON,DC20002	NONE	PRIVATE	GENERAL PURPOSES	10,000
THE JOHNS HOPKINS UNIVERSITY DEPARTMENT OF NEUROLOGY 100 N CHARLES STREET SUITE 300 BALTIMORE,MD21201	NONE	PRIVATE	GENERAL PURPOSES	10,000
THE JOHNS HOPKINS UNIVERSITY DEPARTMENT OF UROLOGY 110 NORTH CHARLES ST SUITE 400 BALTIMORE,MD21287	NONE	PRIVATE	GENERAL PURPOSES	10,000
WEST POINT ASSOCIATION OF GRADUATES 698 MILLS ROAD WEST POINT,NY10996	NONE	PRIVATE	GENERAL PURPOSES	10,000
YOUNG LIFERAMAPO VALLEY PO BOX 261 SUFFERN,NY10901	NONE	PRIVATE	GENERAL PURPOSES	20,000
Total ................................. 3a				268,933

bApproved for future payment

Total .................................. 3b				0

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
aNONE
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3Interest on savings and temporary cash investments			14	3,143
4 Dividends and interest from securities....			14	319,706
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	443,300
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)..		0		766,149	0

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

13766,149

(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:

C J HEILIG FOUNDATION INC CO DR WILLIAM LECATES

EIN: 06-1483018

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ANDREW S KIPPERMAN, CPA	1,250	0		0

- TIN:

TY 2010 InvestmentsCorpBondsSchedule

Name:

C J HEILIG FOUNDATION INC CO DR WILLIAM LECATES

EIN: 06-1483018

Name of Bond	End of Year Book Value	End of Year Fair Market Value
50000 GOLDMAN SACHS BOND	42,979	54,330
50000 VERIZON COMMUNICATIONS BOND	43,373	54,509
50000 GOLDMAN SACHS BOND	43,530	54,392
50000 HSBC FINANCE CORP BOND	43,658	53,578
50000 GENERAL ELECTRIC BOND	44,095	54,203
50000 GENERAL ELECTRIC BOND	44,352	54,203
50000 JP MORGAN CHASE BOND	44,595	53,561
50000 AT&T INC BOND	44,711	54,580
50000 VERIZON COMMUNICATIONS BOND	45,042	54,509
50000 JOHN DEERE CAPITAL CORP BOND	45,094	55,064
50000 AT&T INC BOND	45,146	54,580
50000 CREDIT SUISSE USA BOND	45,212	54,675
50000 METLIFE INC BOND	45,532	54,602
50000 CATERPILLAR FIN SERV CORP BOND	45,869	57,011
50000 AT&T INC BOND	45,990	54,678
50000 SBC COMMUNICATIONS BOND	46,929	55,933
50000 BELLSOUTH CORP BOND	46,990	54,669
50000 PITNEY BOWES INC BOND	47,639	53,141
50000 ROYAL BANK OF SCOTLAND	49,913	51,969
50000 CREDIT SUISSE USA BOND	50,975	50,499
100000 ROYAL BANK OF SCOTLAND	92,240	95,508
100000 ROYAL BANK OF SCOTLAND	94,908	95,508
100000 GOLDMAN SACHS	97,125	100,495
100000 GENERAL ELECTRIC CO BOND	97,522	108,900
100000 BARCLAYS BANK PLC	99,097	101,731
100000 MORGAN STANLEY	99,397	100,435
100000 MORGAN STANLEY	99,547	100,435
100000 MORGAN STANLEY SER MTN GLB	99,756	102,133
100000 BANK OF AMERICA CORP SER NOTZ	100,000	98,219
100000 GENERAL ELECTRIC CO BOND	100,000	105,095
100000 BARCLAYS BANK PLC	100,012	101,731
100000 HSBC USA INC	100,306	98,189

- TIN:

TY 2010 InvestmentsCorpStockSchedule

Name:

C J HEILIG FOUNDATION INC CO DR WILLIAM LECATES

EIN: 06-1483018

Name of Stock	End of Year Book Value	End of Year Fair Market Value
8 SH BLACKROCK GOVT INCOME FUND	88	86
200 SH UNITED TECHNOLOGIES	3,919	16,930
300 SH COMCAST CORP NEW CL A	4,992	7,416
256 SH PRAXAIR	5,992	26,010
500 SH COMCAST CORP NEW CL A	7,490	12,360
200 SH CATERPILLAR INC	8,476	22,270
244 SH PRAXAIR COPR	9,366	24,790
275 SH DEERE CO	10,240	26,645
300 SH PRUDENTIAL FINANCIAL	10,752	18,474
200 SH MCDONALDS CORP	10,792	15,218
500 SH PRUDENTIAL FINANCIAL	11,246	30,790
200 SH BOEING CORP	12,659	14,786
350 SH MERCK & CO	12,746	11,554
350 SH MCKESSON CORP	12,787	27,668
350 SH HEWLETT PACKARD CO	12,829	14,340
225 SH DEERE CO	12,990	21,800
800 SH GENERAL ELECTRIC	13,141	16,040
336 SH BANK OF AMERICA	13,193	4,479
200 SH PROCTOR & GAMBLE CO	13,254	12,320
700 SH VODAPHONE GROUP	13,277	20,125
554 SH BANK OF AMERICA	13,797	7,385
300 SH HEWLETT PACKARD CO	13,798	14,340
788 SH PFIZER INC	13,802	16,004
800 SH CISCO SYSTEMS	14,105	13,720
300 SH EMERSON ELEC	14,457	17,529
200 SH CHEVRON CORP	14,488	21,498
500 SH MICROSOFT	14,767	12,695
400 SH MERCK & CO	15,099	13,204
554 SH BANK OF AMERICA	15,182	7,385
556 SH BANK OF AMERICA	15,332	7,411
500 SH CENTURYTEL INC	16,748	20,775
700 SH CISCO SYSTEMS INC	17,134	12,005
250 SH PEPSICO INC	17,288	16,103
450 SH MCKESSON CORP	17,439	35,573
250 SH PEPSICO INC	17,540	16,103
300 SH CATERPILLAR INC	17,550	33,405
1000 SH PFIZER INC	17,951	20,310
1000 SH MICROSOFT CORP	18,022	25,390
400 SH KIMBERLY CLARK	18,672	26,108
1200 SH COMCAST CORP NEW	19,138	29,664
450 SH COCA COLA	19,795	29,853
1000 SH CONAGRA FOODS INC	20,134	23,750
1000 SH AT&T INC	20,234	30,610
1000 SH VODAPHONE GROUP	20,504	28,750
300 SH PROCTOR & GAMBLE CO	21,089	18,480
1212 SH PFIZER INC	21,993	24,616
1000 SH ENRON	22,018	0
1000 SH MORGAN STANLEY CAP TRUST	22,589	24,280
800 SH VERIZON COMMUNICATIONS INC	22,973	30,832
1000 SH USB CAPITAL XII TRUST PFD	23,036	25,488
800 SH KRAFT FOODS	23,145	25,088
1000 SH FANNIE MAE PFD STOCK	23,824	1,500
1000 SH WELLS FARGO CAPITAL TRUST	23,872	25,280
500 SH PROCTOR & GAMBLE CO	23,978	30,800
1500 SH CMS ENERGY	24,034	29,460
400 SH PRUDENTIAL FINANCIAL INC	24,074	24,632
1300 SH GENERAL ELECTRIC	24,215	26,065
400 SH BAXTER INT'L INC	24,418	21,508
650 SH MERCK & CO	24,587	21,457
300 SH ENTERGY CORP	24,726	20,163
450 SH WAL-MART STORES INC	24,840	23,423
625 SH PROGRESS ENERGY	24,861	28,838
575 SH PG&E CORP	24,916	25,404
550 SH COCA COLA	25,118	36,487
700 SH AUTOMATIC DATA PROC	25,207	35,917
575 SH CONSOLIDATED EDISON	25,281	29,164
700 SH CENTURYLINK INC	25,377	29,085
600 SH BOEING CORP	25,592	44,358
1000 SH AT&T INC	25,776	30,610
500 SH PEPSICO INC	25,819	32,205
500 SH WALMART	25,914	26,025
800 SH EMERSON ELEC	26,035	46,744
1000 SH AT&T INC	26,371	30,610
550 SH WAL-MART STORES INC	26,736	28,628
1000 SH KRAFT FOODS	27,026	31,360
1100 SH CONAGRA FOODS INC	27,055	26,125
600 SH KIMBERLY CLARK	27,318	39,162
500 SH MCDONALDS CORP	28,247	38,045
400 SH CHEVRON CORP	28,325	42,996
1000 SH GENERAL ELECTRIC	28,461	20,050
800 SH GENERAL MILLS	28,558	29,240
1000 SH VERIZON COMMUNICATIONS	28,769	38,540
400 SH ENTERGY CORP NEW	29,596	26,884
2000 SH CMS ENERGY CORP	29,636	39,280
725 SH PG&E CORP	29,924	32,031
1000 SH VERIZON COMMUNICATIONS	30,056	38,540
500 SH KIMBERLY CLARK	30,512	32,635
500 SH EXXON MOBIL CORP	31,085	42,065
400 SH ENTERGY CORP NEW	31,088	26,884
600 SH NEXTERA ENERGY INC	31,129	33,072
1000 SH ORACLE CORP	31,282	33,433
500 SH PROCTOR & GAMBLE CO	32,658	30,800
500 SH PEPSICO INC	33,316	32,205
600 SH BAXTER INT'L INC	33,464	32,262
400 SH SCHLUMBERGER LTD	34,262	37,304
1000 SH CENTURYLINK INC	34,319	41,550
600 SH SCHLUMBERGER LTD	37,015	55,956
1000 SH PROGESS ENERGY INC	38,710	46,140
1000 SH J P MORGANCHASE	38,811	46,100
1500 SH PAYCHEX INC	39,623	47,078
500 SH SPDR GOLD TRUST	43,507	69,930
1000 SH CONSOLIDATED EDISON	46,579	50,720
1000 SH DU PONT E I DEMOURS	49,061	54,970
1000 SH T ROWE PRICE CORP	49,331	66,420
700 SH ANADARKO PETE CORP	49,429	57,344
1250 SH SPDR BARCLAY CAPITAL	50,015	50,638
1100 SH ABBOTT LABS	50,416	53,955
3600 SH FIRST TR SR FL II	50,929	53,496
1000 SH NEXTERA ENERGY INC	51,269	55,120
4296 SH TEMPLETON GLOBAL TOTAL RETURN FUND	52,936	57,660
700 SH GENERL DYNAMICS	53,113	53,592
7722 SH OPPENHEIMER INT'L BOND FUND	53,222	50,584
1000 SH AFLAC COM	57,714	52,780
2000 SH AVON PRODUCTS	61,254	54,080
1800 SH GENERAL MILLS	61,387	65,790
1000 SH EXXON MOBIL CORP	66,234	84,130
1000 SH UNITED TECHNOLOGIES	69,108	84,650
5400 SH J HANCOCK PREF INCOME FUND	90,582	101,682
12400 SH NUVEEN QUAL PREF INC	91,953	102,672
10000 SH SEK ARN MXEA	100,000	116,500
10000 SH SEK ARN SPX	100,000	115,500
100000 RBC ARN MXEA	100,000	96,630
13400 SH NUVEEN QUAL PFD INCOME FUND	105,457	103,448
10630 SH HENDERSON INT'L OPPORTUNITIES FUND	194,453	235,474
21335 SH PIMCO HIGH YIELD FUND	200,000	201,625
11619 SH BLACKROCK GLOBAL ALLOCATION FUND	210,907	233,441
9102 SH IVY ASSET STRATEGY FUND	223,290	231,386
28978 SH PIMCO COMMODITY REAL RETURN FUND	231,020	276,455

- TIN:

TY 2010 InvestmentsGovtObligationsSch

Name:

C J HEILIG FOUNDATION INC CO DR WILLIAM LECATES

EIN: 06-1483018

US Government Securities - End of Year Book Value:

US Government Securities - End of Year Fair Market Value:

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

201,134

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

205,755

- TIN:

TY 2010 LegalFeesSchedule

Name:

C J HEILIG FOUNDATION INC CO DR WILLIAM LECATES

EIN: 06-1483018

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
WITHERS BERGMAN	15,304	0		0

- TIN:

TY 2010 OtherExpensesSchedule

Name:

C J HEILIG FOUNDATION INC CO DR WILLIAM LECATES

EIN: 06-1483018

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EMA ACCOUNT FEE	150	0		0
DUES	695	0		0
BANK CHARGES	93	0		0

- TIN:

TY 2010 TaxesSchedule

Name:

C J HEILIG FOUNDATION INC CO DR WILLIAM LECATES

EIN: 06-1483018

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FEDERAL INCOME TAXES	5,303	0		0