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 06-01-2010 , and ending 05-31-2011

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

Amended returnAddress changeName change

Name of foundation
BEIDERWELL FOUNDATION US BANK TRUSTEE

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2400 Room/suite

City or town, state, and ZIP code
PADUCAH, KY420022400

A Employer identification number

61-1221699

B Telephone number (see page 10 of the instructions)

(270) 575-5340

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

$1,739,075J 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
4	Dividends and interest from securities......	32,978		32,978
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		85,288
b	Gross sales price for all assets on line 6a 944,607
7	Capital gain net income (from Part IV, line 2)...			85,288
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).......		326	326
12	Total. Add lines 1 through 11........	118,592		118,592
13	Compensation of officers, directors, trustees, etc.	16,834		16,834	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		2,300	2,300	0
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see page 14 of the instructions)		2,642	747	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	21,776		19,881	0
25	Contributions, gifts, grants paid........	79,260			79,260
26	Total expenses and disbursements. Add lines 24 and 25	101,036		19,881	79,260
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	17,556
b	Net investment income (if negative, enter -0-)			98,711
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..........	21,809	79,773	79,773
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see page 15 of the
		instructions)....................
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........	838,988	607,374	729,907
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	579,740	775,969	929,395
	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)	1,440,537	1,463,116	1,739,075
	17	Accounts payable and accrued expenses..........
	18	Grants payable...................	74,237	79,260
	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)..........	74,237	79,260
		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.........	1,460,591	1,460,591
	28	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	29	Retained earnings, accumulated income, endowment, or other funds	-94,291	-76,735
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	1,366,300	1,383,856
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	1,440,537	1,463,116

Part III	Analysis of Changes in Net Assets or Fund Balances
1	Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
	with end-of-year figure reported on prior year’s return)...............	1	1,366,300
2	Enter amount from Part I, line 27a......................	2	17,556
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	1,383,856
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	1,383,856

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	FHLMC G30026 7% 1/1/14	P	2000-01-01	2010-06-15
b	FNMA #50813 7% 1/1/13	P	2000-01-01	2010-06-15
c	FNMA #444268 6% 9/1/18	P	2000-01-01	2010-06-15
d	FNMA #761341 5% 4/1/19	P	2000-01-01	2010-06-15
e	GNMA II #1871 9% 9/20/24	P	2000-01-01	2010-06-15
	GNMA #324679 8% 4/15/22	P	2000-01-01	2010-06-15
	GNMA #421762 7.5% 8/15/11	P	2000-01-01	2010-06-15
	GNMA #442552 7% 5/15/12	P	2000-01-01	2010-06-15
	BRUNSWICK CORP; 400 SHS	P	2010-05-26	2010-06-11
	COACH; 175 SHS	P	2010-05-19	2010-06-17
	FLOWSERVE CORP;70 SHS	P	2010-05-21	2010-06-21
	FREEPORT MCMORAN COPPER GOLD; 100 SHS	P	2009-11-24	2010-06-21
	GILEAD SCIENCES INC; 150 SHS	P	2009-05-21	2010-06-21
	JARDEN CORP; 200 SHS	P	2009-11-06	2010-06-17
	POLO RALPH LAUREN CORP; 225 SHS	P	2010-05-26	2010-06-11
	WILLIAMS SONOMA INC; 275 SHS	P	2010-01-13	2010-06-11
	ISHARES BARCLAYS INTER GOVT CR BD FD; 100 SHS	P	2009-04-09	2010-07-28
	ACE LTD; 180 SHS	P	2010-01-13	2010-07-16
	APPLE INC; 70 SHS	P	2010-06-01	2010-07-22
	DIRECTV CL A; 225 SHS	P	2010-07-21	2010-07-28
	DOLBY LABORATORIES INC CL A; 135 SHS	P	2010-05-21	2010-07-12
	EATON CORP; 160 SHS	P	2010-05-21	2010-07-22
	F5 NETWORKS INC; 130 SHS	P	2010-05-21	2010-07-22
	J P MORGAN CHASE CO; 500 SHS	P	2009-07-30	2010-07-16
	NEWFIELD EXPL CO; 80 SHS	P	2010-03-24	2010-07-30
	WHITING PETROLEUM CORP; 35 SHS	P	2010-06-28	2010-07-27
	ISHARES BARCLAYS INTER GOVT CR BD FD; 475 SHS	P	2009-04-09	2010-08-30
	AKAMAI TECHNOLOGIES, INC; 200 SHS	P	2010-06-29	2010-08-17
	BRUNSWICK CORP; 40 SHS	P	2010-08-09	2010-08-30
	CISCO SYS INC;750 SHS	P	2009-05-13	2010-08-12
	DIRECTV CL A; 125 SHS	P	2010-07-21	2010-08-12
	EATON CORP; 15 SHS	P	2010-05-21	2010-08-12
	JOY GLOBAL INC; 50 SHS	P	2010-05-21	2010-08-12
	NEWFIELD EXPL CO; 35 SHS	P	2010-05-21	2010-08-12
	SALESFORCE COM INC; 105 SHS	P	2010-07-16	2010-08-30
	TERADATA CORP DEL; 55 SHS	P	2010-08-09	2010-08-16
	WHITING PETROLEUM CORP; 5 SHS	P	2010-06-28	2010-08-12
	WILLIAMS SONOMA INC; 40 SHS	P	2010-01-13	2010-08-30
	BRUNSWICK CORP; 130 SHS	P	2010-08-09	2010-09-07
	CATERPILLAR INC; 21 SHS	P	2010-08-25	2010-09-29
	CISCO SYS INC; 325 SHS	P	2010-08-12	2010-09-07
	CUMMINS INC; 30 SHS	P	2010-09-08	2010-09-29
	DOLBY LABORATORIES INC CL A; 45 SHS	P	2010-07-21	2010-09-29
	F5 NETWORKS INC; 30 SHS	P	2010-08-25	2010-09-13
	OCCIDENTAL PETROLEUM CORP; 110 SHS	P	2010-08-09	2010-09-14
	PANERA BREAD COMPANY CL A; 105 SHS	P	2010-07-14	2010-09-07
	PERRIGO CO; 100 SHS	P	2010-07-14	2010-09-29
	WILLIAMS SONOMA INC; 20 SHS	P	2010-07-26	2010-09-13
	CATERPILLAR INC; 15 SHS	P	2010-08-25	2010-10-25
	CUMMINS INC; 20 SHS	P	2010-09-08	2010-10-25
	DIRECTV CL A; 30 SHS	P	2010-07-21	2010-10-14
	EATON CORP; 35 SHS	P	2010-05-21	2010-10-14
	JOY GLOBAL INC; 50 SHS	P	2010-05-21	2010-10-14
	NEWFIELD EXPL CO; 10 SHS	P	2010-05-21	2010-11-01
	PERRIGO CO; 5 SHS	P	2010-07-14	2010-10-18
	WYNN RESORTS LTD; 130 SHS	P	2010-05-18	2010-10-14
	AMERICAN CENTY INTL BD FDS; 2476.934 SHS	P	2008-12-01	2010-12-01
	DIRECTV CL A; 10 SHS	P	2010-07-21	2010-11-16
	EATON CORP; 25 SHS	P	2010-05-21	2010-11-16
	JOY GLOBAL INC; 35 SHS	P	2010-05-21	2010-11-01
	NEWFIELD EXPL CO; 35 SHS	P	2010-05-21	2010-11-01
	REGIONS FINL CORP; 1300 SHS	P	2010-06-16	2010-11-24
	WHITING PETROLEUM CORP; 6 SHS	P	2010-06-28	2010-11-16
	WILLIAMS SONOMA INC; 60 SHS	P	2010-07-26	2010-11-01
	WYNN RESORTS LTD; 10 SHS	P	2010-07-16	2010-11-17
	AMERICAN CENTY INTL BD FDS	P	2009-12-16	2010-12-15
	AMERICAN CENTY INTL BD FDS	P	2008-12-01	2010-12-15
	AMAZON COM INC; 10 SHS	P	2010-11-16	2010-12-21
	AMERICAN EXPRESS CO; 120 SHS	P	2010-08-17	2010-12-21
	CERNER CORP; 85 SHS	P	2010-07-19	2010-12-21
	CUMMINS INC; 50 SHS	P	2010-09-08	2010-12-21
	E M C CORP; 225 SHS	P	2010-08-09	2010-12-21
	PERRIGO CO; 10 SHS	P	2010-07-14	2010-12-21
	PRUDENTIAL FINANCIAL INC; 34 SHS	P	2010-08-25	2010-12-21
	SALESFORCE COM INC; 35 SHS	P	2010-07-16	2010-12-21
	TYCO INTERNATIONAL LTD; 75 SHS	P	2010-02-17	2010-12-21
	APPLE INC; 10 SHS	P	2010-01-01	2011-01-07
	DISCOVERY COMMUNICATIONS INC CL A; 60 SHS	P	2011-01-05	2011-01-25
	DOLBY LABORATORIES INC CL A; 45 SHS	P	2010-06-14	2011-01-25
	EXPRESS SCRIPTS INC; 120 SHS	P	2010-03-04	2011-01-25
	MCKESSON CORPORATION; 45 SHS	P	2010-07-23	2011-01-25
	CERNER CORP; 5 SHS	P	2010-07-14	2011-02-28
	F5 NETWORKS INC; 30 SHS	P	2010-08-25	2011-02-28
	SALESFORCE COM INC; 35 SHS	P	2010-07-16	2011-02-28
	WYNN RESORTS LTD; 15 SHS	P	2010-07-16	2011-02-28
	AMAZON COM INC; 15 SHS	P	2010-11-10	2011-03-14
	AMERICAN EXPRESS CO; 65 SHS	P	2010-08-30	2011-03-08
	CSX CORP; 15 SHS	P	2010-12-16	2011-03-08
	DIRECTV CL A; 25 SHS	P	2010-07-21	2011-03-08
	EATON CORP; 35 SHS	P	2010-05-21	2011-03-08
	IPATH DOW JONES UBS COMMODITY; 75 SHS	P	2010-11-16	2011-03-11
	JOY GLOBAL INC; 5 SHS	P	2010-08-30	2011-03-08
	NUVEEN REAL ESTATE SECURITIES FUND; 1960.784 SHS	P	2010-03-01	2011-03-08
	NUVEEN REAL ESTATE SECURITIES FUND; 185.325 SHS	P	2010-11-09	2011-03-08
	SPDR GOLD TRUST; 225 SHS	P	2009-07-10	2011-03-11
	THE MOSAIC CO; 25 SHS	P	2011-03-09	2011-03-18
	APPLE INC; 15 SHS	P	2010-03-01	2011-04-26
	BRISTOL MYERS SQUIBB CO; 140 SHS	P	2010-11-10	2011-04-26
	CERNER CORP; 3 SHS	P	2010-07-14	2011-04-26
	PERRIGO CO; 5 SHS	P	2010-07-14	2011-04-26
	WYNN RESORTS LTD; 4 SHS	P	2010-07-16	2011-04-26
	AMAZON COM INC; 10 SHS	P	2010-11-10	2011-05-12
	BRUNSWICK CORP; 65 SHS	P	2011-04-20	2011-05-20
	INTEL CORP; 625 SHS	P	2010-05-10	2011-05-12
	INTEL CORP; 325 SHS	P	2010-05-19	2011-05-12
	NATIONAL OILWELL VARCO INC; 30 SHS	P	2011-04-20	2011-05-12
	NEWFIELD EXPL CO; 35 SHS	P	2011-03-03	2011-05-12
	APPLE INC; 7 SHS	P	2009-11-06	2010-06-30
	ARCHER DANIELS MIDLAND CO; 59 SHS	P	2009-11-06	2010-06-14
	CLIFFS NATURAL RESOURCES INC; 59 SHS	P	2009-11-06	2010-06-30
	FURIEX PHARMACEUTICALS; .3334 SHS	P	2010-06-14	2010-06-23
	H D F C BK LTD ADR; 14 SHS	P	2009-11-06	2010-06-14
	MAXIM INTEGRATED PRODS INC; 73 SHS	P	2009-11-06	2010-06-14
	MILLICOM INTL CELLULAR S A; 19 SHS	P	2009-11-06	2010-06-30
	MITSUBISHI ESTATE LTD ADR; 11 SHS	P	2009-11-06	2010-06-14
	PAYCHEX INC; 109 SHS	P	2010-03-09	2010-06-30
	STERLITE INDS INDIA ADS; 80 SHS	P	2009-11-06	2010-06-30
	SYSCO CORP; 35 SHS	P	2010-03-12	2010-06-30
	TENARIS SA ADR; 81 SHS	P	2009-11-06	2010-06-30
	VERISIGN INC; 89 SHS	P	2009-11-06	2010-06-30
	WELLPOINT INC; 78 SHS	P	2010-03-12	2010-06-14
	WHITING PETROLEUM CORP; 22 SHS	P	2009-12-21	2010-06-14
	AGILENT TECHNOLOGIES INC; 31 SHS	P	2009-11-06	2010-07-28
	AIR LIQUIDE SA ADR; .3999 SHS	P	2010-06-03	2010-07-06
	ATLAS COPCO AB SPONS ADR; 112 SHS	P	2009-11-06	2010-07-28
	BARD C R INC; 14 SHS	P	2009-11-06	2010-07-13
	BAXTER INTL INC; 17 SHS	P	2009-11-06	2010-07-28
	BERKSHIRE HATHAWAY INC CL B; 27 SHS	P	2010-03-12	2010-07-13
	CAPITAL ONE FINANCIAL CORP; 25 SHS	P	2010-03-12	2010-07-28
	CERNER CORP; 12 SHS	P	2009-11-06	2010-07-13
	CLIFFS NATURAL RESOURCES INC; 20 SHS	P	2010-06-14	2010-07-13
	CLOROX CO; 28 SHS	P	2009-11-06	2010-07-28
	COGNIZANT TECH SOLUTIONS CRP; 28 SHS	P	2009-11-06	2010-07-28
	COMERICA INC; 30 SHS	P	2009-11-06	2010-07-28
	COMPANHIA DE BEBIDAS PR ADR; 11 SHS	P	2009-11-06	2010-07-13
	CONTINENTAL RESOURCES INC; 21 SHS	P	2010-05-14	2010-07-13
	CROWN CASTLE INTL CORP	P	2009-11-06	2010-07-28
	DBS GROUP HLDGS LTD; 24 SHS	P	2009-11-06	2010-07-28
	DOLBY LABORATORIES INC CL A; 28 SHS	P	2009-11-06	2010-07-13
	EXPEDITORS INTL WASH INC; 29 SHS	P	2010-03-12	2010-07-28
	FLOWSERVE CORP; 11 SHS	P	2009-11-06	2010-07-13
	FOMENTO ECONOMICO MEX SP ADR; 24 SHS	P	2009-11-06	2010-07-28
	HEWITT ASSOCIATES INC CL A; 44 SHS	P	2009-12-21	2010-07-28
	JUPITER TELECOM ADR; 5 SHS	P	2009-11-06	2010-07-28
	KOMATSU LTD ADR;	P	2009-11-06	2010-07-28
	KRAFT FOODS INC CL A; 63 SHS	P	2009-11-06	2010-07-28
	KUBOTA LTD ADR; 26 SHS	P	2009-11-06	2010-07-28
	MCDONALDS CORP; 15 SHS	P	2009-11-06	2010-07-13
	MCKESSON CORPORATION; 16 SHS	P	2009-11-06	2010-07-13
	MILLICOM INTL CELLULAR S A; 15 SHS	P	2009-11-06	2010-07-28
	MONSANTO CO; 127 SHS	P	2010-03-12	2010-07-13
	N I I HOLDINGS INC; 29 SHS	P	2009-11-06	2010-07-28
	NATIONAL OILWELL VARCO INC; 23 SHS	P	2009-11-06	2010-07-28
	NIKE INC; 15 SHS	P	2009-11-06	2010-07-13
	NOVO NORDISK AS ADR; 12 SHS	P	2009-11-06	2010-07-28
	OCCIDENTAL PETROLEUM CORP; 13 SHS	P	2009-02-18	2010-07-13
	PAYCHEX INC; 38 SHS	P	2010-03-09	2010-07-13
	PRAXAIR INC; 13 SHS	P	2009-11-06	2010-07-28
	PRICELINE COM INC; 5 SHS	P	2009-11-06	2010-07-13
	QUALCOMM INC; 34 SHS	P	2009-11-06	2010-07-28
	UNION PACIFIC CORP; 15 SHS	P	2009-11-06	2010-07-13
	UNITED TECHNOLOGIES CORP; 14 SHS	P	2009-11-06	2010-07-28
	VIACOM INC CL B; 38 SHS	P	2009-12-16	2010-07-28
	3M CO; 23 SHS	P	2009-12-16	2010-07-13
	AEROPOSTALE INC; 58 SHS	P	2009-12-16	2010-08-17
	APPLE INC; 30 SHS	P	2010-08-12	2010-08-20
	ARCELORMITTAL NY REGISTERED; 60 SHS	P	2009-11-06	2010-08-17
	B M C SOFTWARE INC; 26 SHS	P	2009-11-06	2010-08-20
	BERKSHIRE HATHAWAY INC CL B; 53 SHS	P	2010-03-12	2010-08-17
	CA INC; 44 SHS	P	2009-11-06	2010-08-20
	CENOVUS ENERGY INC; 44 SHS	P	2009-12-08	2010-08-17
	CENTRAL EUROPEAN DISTRIBUTION CORP; 56 SHS	P	2009-11-06	2010-08-17
	CENTRAL EUROPEAN MEDIA ENT A; 38 SHS	P	2009-11-06	2010-08-17
	CISCO SYS INC; 39 SHS	P	2009-04-07	2010-08-20
	COGNIZANT TECH SOLUTIONS CRP; 20 SHS	P	2009-11-06	2010-08-17
	DBS GROUP HLDGS LTD; 44 SHS	P	2009-11-06	2010-08-17
	E M C CORP; 111 SHS	P	2010-03-09	2010-08-17
	ECOLAB INC; 31 SHS	P	2010-02-01	2010-08-17
	EXPEDITORS INTL WASH INC; 67 SHS	P	2010-03-12	2010-08-17
	EXPRESS SCRIPTS INC; 30 SHS	P	2009-11-06	2010-08-17
	FISERV INC; 31 SHS	P	2009-11-06	2010-08-20
	FRANCE TELECOM SPSD ADR; 42 SHS	P	2009-11-06	2010-08-17
	GILEAD SCIENCES INC; 145 SHS	P	2010-03-09	2010-08-17
	GOOGLE INC CL A; 20 SHS	P	2010-08-12	2010-08-20
	HARRIS CORP DEL; 29 SHS	P	2009-11-06	2010-08-20
	HEWLETT PACKARD CO; 20 SHS	P	2009-11-06	2010-08-20
	INTEL CORP; 49 SHS	P	2009-11-19	2010-08-20
	JACOBS ENGR GROUP INC; 35 SHS	P	2009-11-06	2010-08-17
	JOHNSON JOHNSON; 18 SHS	P	2009-11-06	2010-08-17
	MCAFEE INC; 30 SHS	P	2010-05-11	2010-08-20
	MITSUI & CO LTD SPSD ADR; 4 SHS	P	2009-11-06	2010-08-20
	NOBLE CORP; BOOK DECREASE	P	2009-11-06	2010-08-20
	PANASONIC CORP ADR; 69 SHS	P	2009-11-06	2010-08-20
	PEPSICO INC; 28 SHS	P	2009-11-06	2010-08-17
	PETROLEO BRASILEIRO SA ADR; 26 SHS	P	2009-11-06	2010-08-17
	QUALCOMM INC; 95 SHS	P	2010-03-09	2010-08-17
	RED HAT INC; 33 SHS	P	2009-11-06	2010-08-20
	SOLUTIA INC; 72 SHS	P	2010-06-25	2010-08-20
	STERICYCLE INC; 18 SHS	P	2010-05-11	2010-08-17
	T ROWE PRICE GROUP INC; 19 SHS	P	2009-11-06	2010-08-17
	TAIWAN SEMICONDUCTOR ADR; 156 SHS	P	2009-11-06	2010-08-17
	TEXAS INSTRUMENTS INC; 41 SHS	P	2009-11-06	2010-08-20
	VARIAN MED SYS INC; 31 SHS	P	2009-11-06	2010-08-17
	ACCENTURE PLC CL A; 26 SHS	P	2009-11-06	2010-09-29
	BUNGE LIMITED; 31 SHS	P	2009-11-06	2010-09-29
	DARDEN RESTAURANTS INC; 26 SHS	P	2009-11-06	2010-09-29
	E ON AG ADR; 38 SHS	P	2009-11-06	2010-09-29
	GENERAL MILLS INC; 30 SHS	P	2009-11-06	2010-09-29
	GOOGLE INC CL A; 37 SHS	P	2010-08-12	2010-09-29
	KUBOTA LTD ADR; 56 SHS	P	2010-04-14	2010-09-29
	LABORATORY CORP OF AMERICA HOLDINGS; 25 SHS	P	2009-11-06	2010-09-29
	LVMH MOET HENNESSY LOU VUITT ADR; 97 SHS	P	2009-11-06	2010-09-29
	MCAFEE INC; 32 SHS	P	2010-06-25	2010-09-29
	NIDEC CORPORATION ADR; 39 SHS	P	2010-05-11	2010-09-29
	PACTIV CORP; 57 SHS	P	2009-11-06	2010-09-29
	UNILEVER PLC SPSD ADR	P	2009-11-06	2010-09-29
	AGCO CORP; 32 SHS	P	2009-11-06	2010-10-19
	AIR LIQUIDE SA ADR; 62 SHS	P	2009-11-06	2010-10-19
	ALCON INC; 6 SHS	P	2009-11-06	2010-10-19
	BRITISH AMERN TOB PLC SPONS ADR; 15 SHS	P	2009-11-06	2010-10-19
	COACH; 5 SHS	P	2009-11-06	2010-10-19
	CONSTELLATION BRANDS INC A; 61 SHS	P	2009-11-06	2010-10-19
	DASSAULT SYSTEMES SA ADR; 19 SHS	P	2009-11-06	2010-10-19
	DELHAIZE GROUP SPONS ADR; 14 SHS	P	2010-09-24	2010-10-19
	DIAGEO PLC SPONSORED ADR; 19 SHS	P	2009-11-06	2010-10-19
	ERSTE GROUP BANK AG ADR; 61 SHS	P	2009-11-06	2010-10-19
	FUJIFILM HOLDINGS ADR; 43 SHS	P	2009-11-06	2010-10-19
	HALLIBURTON CO; 30 SHS	P	2009-11-06	2010-10-19
	KEPPEL CORP LTD SPONS ADR; 76 SHS	P	2009-11-06	2010-10-19
	LAS VEGAS SANDS CORP; 27 SHS	P	2009-11-06	2010-10-19
	MTN GROUP LTD ADR; 66 SHS	P	2009-11-06	2010-10-19
	NESTLE SA SPONS ADR; 51 SHS	P	2009-11-06	2010-10-19
	NOVARTIS AG ADR; 21 SHS	P	2009-11-06	2010-10-19
	PFIZER INC; 97 SHS	P	2009-11-06	2010-10-19
	ROCHE HLDG LTD ADR; 32 SHS	P	2009-11-06	2010-10-19
	SAKS INC; 233 SHS	P	2010-05-11	2010-10-19
	SAP AG ADR; 20 SHS	P	2009-11-06	2010-10-19
	WAL MART DE MEXICO SAB DE CV ADR; 40 SHS	P	2009-11-06	2010-10-19
	WPP PLC SPONSORED ADR; 23 SHS	P	2009-11-06	2010-10-19
	NOBLE CORP; BOOK DECREASE	P	2010-11-17	2010-11-18
	ABERCROMBIE & FITCH CO; 25 SHS	P	2009-11-06	2010-12-29
	ACE LTD; 27 SHS	P	2009-11-06	2010-12-29
	ALCON INC;9 SHS	P	2009-11-06	2010-12-29
	ALPHA NATURAL RESOURCES INC; 26 SHS	P	2009-11-06	2010-12-29
	AXA ADR; 96 SHS	P	2010-03-09	2010-12-29
	BOC HONG KONG HLDGS LTD ADR; 38 SHS	P	2009-11-06	2010-12-29
	CHUBB CORPORATION; 18 SHS	P	2010-03-09	2010-12-29
	COMMSCOPE INC; 54 SHS	P	2009-11-06	2010-12-29
	COMMSCOPE INC; 44 SHS	P	2010-09-24	2010-12-29
	EXCO RESOURCES INC; 110 SHS	P	2009-11-06	2010-12-29
	EXPEDITORS INTL WASH INC; 119 SHS	P	2010-08-17	2010-12-29
	FANUC LTD; 118 SHS	P	2009-11-06	2010-12-29
	FISERV INC; 19 SHS	P	2010-09-24	2010-12-29
	GENZYME CORP; 24 SHS	P	2009-11-06	2010-12-29
	HONDA MOTOR CO LTD ADR; 28 SHS	P	2009-11-06	2010-12-29
	J CREW GROUP INC; 59 SHS	P	2010-08-12	2010-12-29
	MATTEL INC; 45 SHS	P	2010-03-09	2010-12-29
	MITSUBISHI UFJ FINL GRP ADR; 321 SHS	P	2009-11-06	2010-12-29
	NOBLE CORP; BOOK DECREASE	P	2010-12-29	2010-12-31
	NOKIA CORP SPSD ADR; 186 SHS	P	2009-11-06	2010-12-29
	P T TELEKOMMUNIKASI INDONESIA ADR; 7 SHS	P	2009-11-06	2010-12-29
	PEABODY ENERGY CORP; 16 SHS	P	2009-11-06	2010-12-29
	PHILLIPS VAN HEUSEN CORP; 22 SHS	P	2009-11-06	2010-12-29
	RRWE AG ADR; 29 SHS	P	2009-11-06	2010-12-29
	STATOIL ASA ADR; 48 SHS	P	2009-11-06	2010-12-29
	TELEFONICA SA SPON ADR; 23 SHS	P	2009-11-06	2010-12-29
	ULTRA PETROLEUM CORP; 43 SHS	P	2009-11-06	2010-12-29
	XILINX INC; 38 SHS	P	2009-11-06	2010-12-29
	XL GROUP PLC; 60 SHS	P	2010-06-28	2010-12-29
	ABB LTD ADR; 27 SHS	P	2009-11-06	2011-02-04
	ABERCROMBIE & FITCH CO; 26 SHS	P	2009-11-06	2011-03-03
	AGRIUM INC; 8 SHS	P	2009-11-06	2011-02-04
	AMERICA MOVIL ADR; 16 SHS	P	2009-11-06	2011-02-04
	AMERICAN TOWER CORP; 25 SHS	P	2009-11-06	2011-03-03
	ANGLO AMERICAN PLC ADR; 40 SHS	P	2009-11-06	2011-02-04
	B G GROUP PLC ADR; 8 SHS	P	2009-11-06	2011-02-04
	BANCO BRADESCO ADR; BOOK DECREASE	P	2011-02-22	2011-02-24
	BRADY CORPORATION CL A; 36 SHS	P	2009-11-06	2011-03-03
	CABLEVISION SYSTMES NY GRUP CL A; 23 SHS	P	2010-03-09	2011-02-04
	CAMERON INTL CORP; 12 SHS	P	2009-11-06	2011-03-03
	CENTURYLINK INC; 15 SHS	P	2009-11-06	2011-02-04
	CLIFFS NATURAL RESOURCES INC; 8 SHS	P	2011-02-01	2011-03-03
	CON WAY INC; 34 SHS	P	2009-11-06	2011-03-03
	CON WAY INC; 19 SHS	P	2011-02-01	2011-03-03
	DANAHER CORP; 14 SHS	P	2009-11-06	2011-02-04
	DARDEN RESTAURANTS INC; 28 SHS	P	2009-11-06	2011-03-03
	DBS GROUP HLDGS LTD; 16 SHS	P	2009-11-06	2011-03-03
	DESARROLLADORA HOMEX ADR; 41 SHS	P	2009-11-06	2011-03-03
	DIRECTV CL A; 14 SHS	P	2009-11-06	2011-03-03
	ECOLAB INC; 123 SHS	P	2010-03-09	2011-02-04
	EDISON INTL; 18 SHS	P	2009-11-06	2011-03-03
	EXELON CORPORATION; 19 SHS	P	2010-03-09	2011-03-03
	EXXON MOBIL CORP; 14 SHS	P	2009-11-06	2011-02-04
	FOMENTO ECONOMICO MEX SP ADR; 16 SHS	P	2009-11-06	2011-03-03
	FURIEX PHARMACEUTICALS; 6 SHS	P	2010-06-14	2011-02-04
	HALLIBURTON CO; 14 SHS	P	2009-11-06	2011-02-04
	HOYA CORP ADR; 35 SHS	P	2009-11-06	2011-02-04
	HUNT J B TRANS SVCS INC; 22 SHS	P	2009-11-06	2011-02-04
	I T T CORPORATION; 19 SHS	P	2010-04-09	2011-02-04
	IMPERIAL OIL LTD; 17 SHS	P	2009-11-06	2011-02-04
	INTUITIVE SURGICAL INC; 5 SHS	P	2010-12-23	2011-02-04
	J P MORGAN CHASE CO; 14 SHS	P	2009-07-27	2011-03-03
	KANSAS CITY SOUTHERN; 15 SHS	P	2009-11-06	2011-02-04
	KELLOGG CO; 19 SHS	P	2009-11-06	2011-03-03
	KEYCORP NEW; 78 SHS	P	2009-11-06	2011-02-04
	LANDSTAR SYS INC; 28 SHS	P	2009-11-06	2011-03-03
	LAS VEGAS SANDS CORP; 45 SHS	P	2009-11-06	2011-02-04
	LOREAL CO UNSPONSORED ADR; 41 SHS	P	2009-11-06	2011-02-04
	LVMH MOET HENNESSY LOU VUITT ADR; 35 SHS	P	2009-11-06	2011-02-04
	MARSHALL ILSLEY CORP NEW; 192 SHS	P	2009-11-06	2011-02-04
	MARSHALL ILSLEY CORP NEW; 215 SHS	P	2010-03-09	2011-02-04
	MITSUI & CO LTD SPSD ADR; 2 SHS	P	2009-11-06	2011-02-04
	NATIONAL BANK OF GREECE ADR; 354 SHS	P	2009-11-06	2011-02-04
	NOBLE CORP; BOOK DECREASE	P	2011-02-22	2011-02-24
	NOMURA HOLDINGS INC ADR; 141 SHS	P	2009-11-06	2011-02-04
	NORTHERN TR CORP; 33 SHS	P	2009-11-06	2011-02-04
	NOVARTIS AG ADR; 12 SHS	P	2009-11-06	2011-02-04
	NOVO NORDISK AS ADR; 13 SHS	P	2009-11-06	2011-03-03
	OAO GAZPROM SPON ADR; 74 SHS	P	2009-11-06	2011-02-04
	PEPSICO INC; 16 SHS	P	2009-11-06	2011-03-03
	PEPSICO INC; 56 SHS	P	2010-03-09	2011-03-03
	PETROLEO BRASILEIRO SA ADR; 30 SHS	P	2009-11-06	2011-02-04
	RANGE RESOURCES CORP; 25 SHS	P	2009-11-06	2011-03-03
	REGIONS FINL CORP; 87 SHS	P	2009-11-06	2011-03-03
	RESEARCH IN MOTION; 39 SHS	P	2010-10-14	2011-03-03
	ROCHE HLDG LTD ADR; 24 SHS	P	2009-11-06	2011-02-04
	ROSS STORES INC; 10 SHS	P	2009-11-06	2011-02-04
	SEALED AIR CORP; 78 SHS	P	2009-11-06	2011-02-04
	SMITHFIELD FOODS INC; 100 SHS	P	2009-11-06	2011-03-03
	SUNTRUST BKS INC; 26 SHS	P	2009-11-06	2011-02-04
	TELEFONICA SA SPON ADR; 63 SHS	P	2009-11-06	2011-02-04
	TELLABS INC; 193 SHS	P	2010-03-09	2011-02-04
	TESCO PLC ADR; 34 SHS	P	2009-11-06	2011-03-03
	THERMO FISHER SCIENTIFIC INC; 17 SHS	P	2009-11-06	2011-02-04
	UNILEVER PLC SPSD ADR; 90 SHS	P	2009-11-06	2011-02-04
	UNITED HEALTH GROUP INC; 16 SHS	P	2010-08-17	2011-02-04
	UNITED STATES STEEL CORP; 11 SHS	P	2010-08-12	2011-03-03
	ZIMMER HOLDINGS INC; 27 SHS	P	2009-11-06	2011-02-04
	ZIONS BANCORPORATION; 27 SHS	P	2009-11-06	2011-02-04
	NOVARTIS AG ADR; .4596 SHS	P	2010-03-03	2011-04-28
	ZURICH FINANCIAL SVCS ADR; BOOK DECREASE	P	2010-03-03	2011-04-18
	CITIGROUP INC; .6 SHS	P	2011-03-03	2011-05-25
	KEPPEL CORP LTD SPONS ADR; .4 SHS	P	2010-03-03	2011-05-23
	LONZA GROUP AG UNSPON ADR; BOOK DECREASE	P	2010-03-03	2011-05-04
	NOBLE CORP; BOOK DECREASE	P	2010-03-03	2011-05-19
	SWISS REINSURANCE DO SPSD ADR; 19 SHS	P	2010-12-23	2011-05-02

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	224	221	3
b	249	256	-7
c	266	274	-8
d	1,877	1,915	-38
e	8	8	0
	200	198	2
	105	106	-1
	211	212	-1
	5,926	7,436	-1,510
	7,599	6,759	840
	6,640	7,292	-652
	6,609	8,252	-1,643
	5,379	6,724	-1,345
	6,036	5,846	190
	17,640	18,812	-1,172
	7,150	8,023	-873
	10,890	10,325	565
	10,053	8,596	1,457
	17,090	11,928	5,162
	8,276	7,897	379
	8,740	8,884	-144
	10,759	11,577	-818
	10,167	9,083	1,084
	20,265	19,759	506
	4,244	4,146	98
	2,972	3,066	-94
	52,253	49,042	3,211
	8,576	8,369	207
	521	665	-144
	18,562	15,230	3,332
	4,869	4,387	482
	1,188	1,085	103
	3,043	2,564	479
	1,945	1,787	158
	11,865	9,692	2,173
	1,693	1,744	-51
	464	438	26
	1,028	1,127	-99
	1,704	2,163	-459
	1,672	1,362	310
	6,585	7,032	-447
	2,758	2,452	306
	2,772	2,878	-106
	2,961	2,336	625
	8,640	8,470	170
	8,552	8,243	309
	6,678	5,711	967
	563	559	4
	1,204	973	231
	1,840	1,635	205
	1,258	1,053	205
	2,963	2,532	431
	3,528	2,621	907
	585	501	84
	333	286	47
	12,479	10,526	1,953
	34,429	33,289	1,140
	425	351	74
	2,329	1,809	520
	2,629	1,795	834
	2,282	1,752	530
	7,033	9,438	-2,405
	634	526	108
	1,921	1,676	245
	1,116	810	306
	39		39
	343		343
	1,774	1,703	71
	5,506	5,061	445
	8,015	6,674	1,341
	5,410	4,086	1,324
	5,101	4,619	482
	677	571	106
	1,956	1,708	248
	4,800	3,231	1,569
	3,163	2,655	508
	3,308	1,964	1,344
	2,396	2,428	-32
	2,739	2,878	-139
	6,908	5,889	1,019
	3,309	2,970	339
	479	393	86
	3,325	2,038	1,287
	4,596	3,231	1,365
	1,753	1,209	544
	2,513	2,555	-42
	2,881	2,623	258
	1,135	955	180
	1,162	877	285
	1,955	1,266	689
	3,808	2,585	1,223
	486	256	230
	37,000	25,980	11,020
	3,498	2,456	1,042
	31,333	20,177	11,156
	1,917	2,006	-89
	5,162	2,946	2,216
	3,867	3,674	193
	340	236	104
	439	286	153
	594	319	275
	2,016	1,703	313
	1,374	1,693	-319
	14,219	11,907	2,312
	7,393	6,912	481
	2,113	2,354	-241
	2,458	2,483	-25
	1,878	1,359	519
	1,485	1,915	-430
	783	506	277
	4	3	1
	1,936	1,690	246
	1,245	1,283	-38
	1,664	1,263	401
	1,575	1,628	-53
	2,917	3,444	-527
	1,159	1,372	-213
	1,039	1,010	29
	3,027	3,433	-406
	2,507	2,058	449
	4,141	4,828	-687
	1,882	1,495	387
	906	816	90
	8	9	-1
	1,882	1,567	315
	1,102	1,105	-3
	749	936	-187
	2,143	2,229	-86
	1,019	972	47
	958	925	33
	980	1,046	-66
	1,828	1,682	146
	1,534	1,199	335
	1,130	827	303
	1,157	1,063	94
	929	1,028	-99
	1,060	909	151
	1,002	1,019	-17
	1,815	1,178	637
	1,199	1,066	133
	1,003	1,087	-84
	1,091	1,030	61
	2,090	1,923	167
	336	309	27
	1,487	1,475	12
	1,870	1,700	170
	1,021	1,053	-32
	1,029	931	98
	1,082	998	84
	1,376	997	379
	6,232	8,520	-2,288
	1,146	808	338
	869	993	-124
	1,046	968	78
	1,026	775	251
	1,048	1,050	-2
	990	1,201	-211
	1,108	1,061	47
	984	856	128
	1,329	1,490	-161
	1,059	948	111
	993	911	82
	1,265	1,158	107
	1,858	1,890	-32
	1,389	1,261	128
	7,616	6,526	1,090
	1,816	2,319	-503
	942	973	-31
	4,075	4,376	-301
	829	953	-124
	1,162	1,215	-53
	1,339	1,831	-492
	804	1,012	-208
	865	930	-65
	1,181	856	325
	1,822	1,702	120
	2,057	2,074	-17
	1,488	1,399	89
	2,738	2,463	275
	1,374	1,272	102
	1,585	1,471	114
	880	1,099	-219
	5,010	6,894	-1,884
	9,849	10,756	-907
	1,294	1,301	-7
	820	981	-161
	967	933	34
	1,232	1,539	-307
	1,051	1,086	-35
	900	1,030	-130
	1,104	1,047	57
	5	5	0
	875	967	-92
	1,824	1,717	107
	935	1,275	-340
	3,627	3,694	-67
	1,054	914	140
	1,098	1,041	57
	1,155	1,047	108
	882	948	-66
	1,524	1,538	-14
	1,016	994	22
	1,725	1,354	371
	1,088	1,018	70
	1,888	1,776	112
	1,139	850	289
	1,111	1,482	-371
	1,115	995	120
	19,297	18,238	1,059
	2,493	2,378	115
	1,909	1,787	122
	2,743	2,118	625
	1,512	1,015	497
	873	977	-104
	1,873	1,324	549
	1,111	1,168	-57
	1,345	929	416
	1,624	1,333	291
	1,014	881	133
	1,156	976	180
	1,104	852	252
	1,153	994	159
	1,389	1,094	295
	979	1,027	-48
	1,375	1,265	110
	1,366	1,352	14
	1,471	1,191	280
	1,049	930	119
	1,132	895	237
	1,050	414	636
	1,261	1,018	243
	2,790	2,393	397
	1,242	1,108	134
	1,705	1,650	55
	1,156	1,265	-109
	2,286	2,082	204
	1,061	937	124
	994	726	268
	1,312	1,087	225
	5	5	0
	1,441	872	569
	1,675	1,387	288
	1,459	1,322	137
	1,440	986	454
	1,603	2,428	-825
	2,525	1,813	712
	1,080	931	149
	1,683	1,508	175
	1,372	1,032	340
	2,138	1,905	233
	6,547	4,923	1,624
	2,886	1,670	1,216
	1,115	1,042	73
	1,710	1,251	459
	1,101	1,013	88
	2,540	2,031	509
	1,160	1,026	134
	1,677	1,749	-72
	21	21	0
	1,897	2,453	-556
	2,324	2,472	-148
	1,018	680	338
	1,442	920	522
	1,887	2,556	-669
	1,119	1,164	-45
	1,575	1,907	-332
	2,065	2,044	21
	1,092	840	252
	1,309	1,037	272
	642	529	113
	1,486	908	578
	726	404	322
	927	744	183
	1,341	971	370
	1,017	792	225
	928	719	209
	4	4	0
	1,278	1,021	257
	792	555	237
	699	473	226
	649	522	127
	757	711	46
	1,100	1,039	61
	614	664	-50
	665	505	160
	1,310	915	395
	712	619	93
	1,121	1,367	-246
	638	403	235
	6,162	5,600	562
	666	596	70
	792	854	-62
	1,166	1,013	153
	893	686	207
	101	53	48
	634	434	200
	878	846	32
	910	699	211
	1,123	1,032	91
	752	641	111
	1,676	1,315	361
	651	610	41
	783	422	361
	1,019	987	32
	714	451	263
	1,245	1,051	194
	2,179	690	1,489
	979	858	121
	1,126	764	362
	1,354	1,017	337
	1,516	1,606	-90
	692	523	169
	704	2,764	-2,060
	5	5	0
	861	996	-135
	1,723	1,639	84
	679	633	46
	1,640	839	801
	2,128	1,799	329
	1,017	981	36
	3,561	3,450	111
	1,011	1,279	-268
	1,350	1,262	88
	652	425	227
	2,558	1,913	645
	928	949	-21
	654	457	197
	2,161	1,640	521
	2,315	1,391	924
	813	523	290
	1,607	1,741	-134
	1,013	1,437	-424
	675	714	-39
	968	760	208
	2,647	2,695	-48
	672	521	151
	629	501	128
	1,624	1,454	170
	655	377	278
	27	24	3
	89	89	0
	24	30	-6
	7	4	3
	28	28	0
	6	6	0
	1,082	1,018	64

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			3
b			-7
c			-8
d			-38
e			0
			2
			-1
			-1
			-1,510
			840
			-652
			-1,643
			-1,345
			190
			-1,172
			-873
			565
			1,457
			5,162
			379
			-144
			-818
			1,084
			506
			98
			-94
			3,211
			207
			-144
			3,332
			482
			103
			479
			158
			2,173
			-51
			26
			-99
			-459
			310
			-447
			306
			-106
			625
			170
			309
			967
			4
			231
			205
			205
			431
			907
			84
			47
			1,953
			1,140
			74
			520
			834
			530
			-2,405
			108
			245
			306
			39
			343
			71
			445
			1,341
			1,324
			482
			106
			248
			1,569
			508
			1,344
			-32
			-139
			1,019
			339
			86
			1,287
			1,365
			544
			-42
			258
			180
			285
			689
			1,223
			230
			11,020
			1,042
			11,156
			-89
			2,216
			193
			104
			153
			275
			313
			-319
			2,312
			481
			-241
			-25
			519
			-430
			277
			1
			246
			-38
			401
			-53
			-527
			-213
			29
			-406
			449
			-687
			387
			90
			-1
			315
			-3
			-187
			-86
			47
			33
			-66
			146
			335
			303
			94
			-99
			151
			-17
			637
			133
			-84
			61
			167
			27
			12
			170
			-32
			98
			84
			379
			-2,288
			338
			-124
			78
			251
			-2
			-211
			47
			128
			-161
			111
			82
			107
			-32
			128
			1,090
			-503
			-31
			-301
			-124
			-53
			-492
			-208
			-65
			325
			120
			-17
			89
			275
			102
			114
			-219
			-1,884
			-907
			-7
			-161
			34
			-307
			-35
			-130
			57
			0
			-92
			107
			-340
			-67
			140
			57
			108
			-66
			-14
			22
			371
			70
			112
			289
			-371
			120
			1,059
			115
			122
			625
			497
			-104
			549
			-57
			416
			291
			133
			180
			252
			159
			295
			-48
			110
			14
			280
			119
			237
			636
			243
			397
			134
			55
			-109
			204
			124
			268
			225
			0
			569
			288
			137
			454
			-825
			712
			149
			175
			340
			233
			1,624
			1,216
			73
			459
			88
			509
			134
			-72
			0
			-556
			-148
			338
			522
			-669
			-45
			-332
			21
			252
			272
			113
			578
			322
			183
			370
			225
			209
			0
			257
			237
			226
			127
			46
			61
			-50
			160
			395
			93
			-246
			235
			562
			70
			-62
			153
			207
			48
			200
			32
			211
			91
			111
			361
			41
			361
			32
			263
			194
			1,489
			121
			362
			337
			-90
			169
			-2,060
			0
			-135
			84
			46
			801
			329
			36
			111
			-268
			88
			227
			645
			-21
			197
			521
			924
			290
			-134
			-424
			-39
			208
			-48
			151
			128
			170
			278
			3
			0
			-6
			3
			0
			0
			64

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	85,288
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	74,237	1,484,736	0.050000
2008	80,101	1,602,010	0.050000
2007	97,530	1,950,594	0.050000
2006	96,838	1,913,120	0.050618
2005	96,177	1,894,691	0.050761

2	Total of line 1, column (d) ......................	2	0.251379
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	0.050276
4	Enter the net value of noncharitable-use assets for 2010 from Part X, line 5.....	4	1,585,219
5	Multiply line 4 by line 3.......................	5	79,698
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	987
7	Add lines 5 and 6.........................	7	80,685
8	Enter qualifying distributions from Part XII, line 4..............	8	79,260
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	1,974
	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	1,974
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	1,974
6	Credits/Payments:

a	2010 estimated tax payments and 2009 overpayment credited to 2010	6a	1,520
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	1,520
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	454
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?

Yes

Website address bullet

N/A

The books are in care of bullet

US BANK Telephone no. bullet

(270) 575-5340

Located at bullet

4TH BROADWAYPADUCAHKY ZIP+4 bullet

42001

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
US BANK NA	TRUSTEE 1.00	16,834	0	0
PO BOX 2400 PADUCAH,KY420022400	TRUSTEE 1.00	16,834	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...................

1,513,581

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

95,778

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

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

1,609,359

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

1,609,359

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

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

24,140

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

1,585,219

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

79,261

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

79,261

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

1,974

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

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

1,974

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

77,287

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

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

77,287

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

77,287

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 ..........

79,260

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

79,260

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

79,260

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					77,287
2 Undistributed income, if any, as of the end of 2010:
a Enter amount for 2009 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2010:
a From 2005.......	4,646
b From 2006.......	3,608
c From 2007.......	2,042
d From 2008.......	1,091
e From 2009.......	1,495
fTotal of lines 3a through e.........		12,882
4Qualifying distributions for 2010 from Part
XII, line 4: $ 79,260
a Applied to 2009, but not more than line 2a				0
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.....					77,287
e Remaining amount distributed out of corpus		1,973
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		14,855
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 ..........					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) ...........		0
8Excess distributions carryover from 2005 not applied on line 5 or line 7 (see page 27 of the instructions) .............		4,646
9Excess distributions carryover to 2011. Subtract lines 7 and 8 from line 6a ......		10,209
10 Analysis of line 9:
a Excess from 2006....	3,608
b Excess from 2007....	2,042
c Excess from 2008....	1,091
d Excess from 2009....	1,495
e Excess from 2010....	1,973

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
MURRAY STATE UNIVERSITY 102 CURRIS CENTER MURRAY,KY42071	NONE	PUBLIC UNIVERSITY	SCHOLARSHIPS	39,630
PADUCAH JUNIOR COLLEGE 4810 ALBEN BARKELY DR PADUCAH,KY42001	NONE	PUBLIC UNIVERSITY	SCHOLARSHIPS	39,630
Total ................................. 3a				79,260

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
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....					32,978
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.....					326
8Gain or (loss) from sales of assets other than inventory					85,288
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		0	118,592

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

13118,592

(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.)
4,8	MET.

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

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
WILLIAMS, WILLIAMS & LENTZ	2,300	2,300		0

- TIN:

TY 2010 InvestmentsCorpStockSchedule

Name:

BEIDERWELL FOUNDATION US BANK TRUSTEE

EIN: 61-1221699

Name of Stock	End of Year Book Value	End of Year Fair Market Value
JOHNSON & JOHNSON, 51 SHS.	3,077	3,432
EXELON CORP, 18 SHS.	809	753
HEWLETT PACKARD, 350 SHS.	10,189	13,083
PFIZER INC, 63 SHS.	1,087	1,351
QUALCOMM INC., 226 SHS.	10,781	13,241
AMERICAN TOWER CORP, 24 SHS.	931	1,332
APPLE INC, 80 SHS.	15,682	27,826
INTERNATIONAL BUSINESS MACH, 27 SHS.	3,330	4,561
BRISTOL MYERS SQUIBB, 133 SHS.	3,161	3,825
GILEAD SCIENCES INC, 251 SHS.	9,757	10,477
ORACLE CORPORATION, 168 SHS.	4,581	5,749
PEPSICO, 15 SHS.	986	1,067
THERMO FISHER SCIENTIFIC, 12 SHS.	537	785
WAL MART STORES, 79 SHS.	4,108	4,362
WMS INDS INC, 48 SHS.	1,984	1,510
CARNIVAL CORP, 28 SHS.	860	1,087
COACH INC, 23 SHS.	784	1,464
EATON CORP, 65 SHS.	2,690	3,359
EXPRESS SCRIPTS, INC, 194 SHS.	9,014	11,555
INTEL CORP, 141 SHS.	2,964	3,174
J P MORGAN CHASE, 14 SHS.	610	605
JARDEN CORP, 30 SHS.	1,040	1,051
JOY GLOBAL INC, 25 SHS.	1,282	2,241
WYNN RESORTS LTD, 16 SHS.	1,277	2,344
ACE LTD, 91 SHS.	4,669	6,263
TYCO INTERNATIONAL LTD, 27 SHS.	922	1,332
ADVANCE AUTO PARTS INC, 58 SHS.	3,046	3,602
AECOM TECHNOLOGY CORP, 35 SHS	889	1,003
AGCO CORP, 27 SHS	784	1,395
ALPHA NATURAL RESOURCES INC, 18 SHS	682	986
AMGEN INC, 18 SHS	983	1,090
ATT INC, 145 SHS	3,857	4,576
B M C SOFTWARE INC, 60 SHS	2,980	3,350
BERKSHIRE HATHAWAY INC, 104 SHS	8,738	8,223
BOEING CO, 14 SHS	953	1,092
BROCADE COMMUNICATIONS SYS, 558 SHS	3,389	3,722
CABLEVISION SYSTEMS NY, 59 SHS	1,493	2,096
CAMERON INTL CORP, 11 SHS	432	524
CAPITAL ONE FINANCIAL CORP, 101 SHS	4,104	5,488
CBS CORP CL B NON VOTING, 114 SHS	1,436	3,186
CELANESE CORP SER A, 54 SHS	1,599	2,813
CENTRAL EUROPEAN DISTRIBUTION CORP, 58 SHS	2,129	728
CEPHALON, INC, 34 SHS	1,962	2,709
CERNER CORP, 12 SHS	942	1,441
CHEVRON CORP, 56 SHS	4,409	5,875
CHUBB CORP, 76 SHS	3,930	4,985
CLIFFS NATURAL RESOURCES INC, 30 SHS	2,827	2,721
COGNIZANT TECH SOLUTIONS CRP, 57 SHS	2,914	4,334
COMERICA INC, 55 SHS	1,813	1,986
CONOCOPHILLIPS, 68 SHS	4,287	4,979
CONSOL ENERGY INC, 23 SHS	1,054	1,179
CONSTELLATION BRANDS INC A, 122 SHS	2,096	2,679
CROWN CASTLE INTL CORP, 71 SHS	2,392	2,940
DANAHER CORP, 14 SHS	504	763
DIRECTV CL A, 75 SHS	2,538	3,770
DOVER CORP, 52 SHS	2,804	3,496
E M C CORP, 363 SHS	7,479	10,335
EDISON INTL, 19 SHS	630	748
ELI LILLY CO, 97 SHS	3,412	3,733
EXXON MOBIL CORP, 8 SHS	579	668
F M C CORP, 30 SHS	1,560	2,531
FOREST LABS INC, 42 SHS	1,200	1,513
GAMESTOP CORP CL A, 350 SHS	7,278	9,793
GAP INC, 45 SHS	1,037	873
GENERAL DYNAMICS CORP, 14 SHS	1,029	1,039
GOLDMAN SACHS GROUP INC, 62 SHS	10,464	8,725
GOOGLE INC, 25 SHS	12,413	13,226
HALLIBURTON CO, 15 SHS	465	752
HARTFORD FINANCIAL SERVICES GRP, 73 SHS	1,772	1,945
HOLOGIC INC, 194 SHS	3,014	4,171
HOME DEPOT INC, 32 SHS	842	1,161
HUNT J B TRANS SVCS INC, 49 SHS	1,672	2,247
JACOBS ENGR GROUP INC, 122 SHS	5,310	5,619
JANUS CAPITAL GROUP INC, 286 SHS	3,876	2,954
KANSAS CITY SOUTHERN, 31 SHS	872	1,826
KEYCORP NEW, 334 SHS	1,930	2,829
LANDSTAR SYS INC, 45 SHS	1,681	2,129
LINCOLN NATL CORP, 80 SHS	2,040	2,348
LINEAR TECHNOLOGY CORP, 136 SHS	4,457	4,704
MICROSOFT CORP, 141 SHS	3,828	3,526
MORGAN STANLEY GROUP INC, 163 SHS	4,631	3,938
N I I HOLDINGS INC, 84 SHS	2,730	3,667
OWENS III, INC, 137 SHS	4,473	4,400
PEABODY ENERGY CORP, 16 SHS	680	982
PETROHAWK ENERGY CORP, 103 SHS	2,432	2,726
PHARMACEUTICAL PROD DEV INC, 76 SHS	1,534	2,193
PHILLIPS VAN HEUSEN CORP, 39 SHS	1,818	2,573
PROCTOR & GAMBLE CO, 16 SHS	974	1,072
PROLOGIS, 119 SHS	1,387	1,971
REGIONS FINL CORP, 255 SHS	1,247	1,800
ROSS STORES INC, 10 SHS	457	820
SCHEIN HENRY INC, 18 SHS	912	1,293
ST JUDE MED NC, 95 SHS	3,729	4,814
STERICYCLE INC, 52 SHS	3,169	4,633
SUNTRUST BKS INC, 88 SHS	1,769	2,475
SYNOVUS FINL CORP, 851 SHS	2,447	2,025
U N U M GROUP, 45 SHS	876	1,184
V F CORP, 41 SHS	3,266	4,086
VARIAN MED SYS INC, 107 SHS	5,616	7,227
VISA INC CL A, 153 SHS	12,119	12,402
WESTERN DIGITAL CORP, 144 SHS	4,251	5,278
WHITING PETROLEUM CORP, 48 SHS	2,423	3,221
WYNDHAM WORLDWIDE CORP, 63 SHS	1,707	2,193
ZIONS BANCORPORATION, 109 SHS	1,896	2,597
ABB LTD ADR, 91 SHS	1,785	2,448
ACCENTURE PLC CL A, 24 SHS	940	1,377
AGRIUM INC, 32 SHS	1,610	2,818
AIR LIQUIDE S A ADR, 152 SHS	3,268	4,223
ALCATEL LUCENT ADR, 384 SHS	1,056	2,177
ALLIANZ SE ADR, 290 SHS	3,425	4,043
AMERICA MOVIL ADR, 43 SHS	1,996	2,266
ANGLO AMERICAN PLC ADR, 75 SHS	1,507	1,870
ASTRAZENECA PLC SPSD ADR, 55 SHS	2,474	2,882
ATLAS COPCO AB ADR CL B, 98 SHS	1,220	2,296
ATLAS COPCO AB SPONS ADR, 91 SHS	1,273	2,401
B A S F A G ADR. 27 SHS	1,734	2,510
B G GROUP PLC ADR, 21 SHS	1,885	2,441
BARCLAYS PLC ADR, 99 SHS	2,237	1,821
BOC HONG KONG HLDGS LTD ADR, 23 SHS	1,097	1,421
BRITISH AMERN TOB PLC, 55 SHS	3,579	4,969
BUNGE LIMITED, 21 SHS	1,203	1,563
CANON INC SPONS ADR, 90 SHS	3,848	4,318
CHINA RES ENTERPRISE LTD ADR, 190 SHS	1,336	1,537
CNOOC LTD ADR, 6 SHS	1,078	1,503
COVIDIEN PLC, 20 SHS	877	1,100
DASSAULT SYSTEMES SA ADR, 51 SHS	2,938	4,356
DBS GROUP HLDGS LTD 76 SHS	2,940	3,643
ENCANA CORP, 44 SHS	1,290	1,500
ERICSSON (LM) TEL SP ADR, 95 SHS	1,011	1,410
ERSTE GROUP BANK AG ADR, 133 SHS	2,524	3,334
FANUC LTD, 104 SHS	2,276	2,660
FLEXTRONICS INTERNATIONAL LTD, 585 SHS	4,088	4,235
FOMENTO ECONOMICO MEX SP ADR, 22 SHS	944	1,362
FRESENIUS MED CARE. 41 SHS	2,135	2,964
FUJIFILM HOLDINGS ADR, 102 SHS	3,053	2,993
GLAXO SMITHKLINE PLC ADR, 51 SHS	2,062	2,216
HONDA MOTOR CO LTD ADR, 58 SHS	1,812	2,204
HOYA CORP ADR, 84 SHS	2,031	1,740
HSBC HOLDINGS PLC SPONS ADR, 35 SHS	1,993	1,833
I C I C I BANK LIMITED ADR, 59 SHS	2,261	2,814
IMPERIAL OIL LTD, 41 SHS	1,546	2,033
INVESCO LTD, 73 SHS	1,666	1,801
JUPITER TELECOM ADR, 23 SHS	1,421	1,659
KEPPEL CORP LTD SPONS ADR, 290 SHS	3,103	5,411
KONINKLIJKE (ROYAL) KPN NV SP ADR, 111 SHS	2,005	1,638
LOREAL CO UNSPONSORED ADR, 96 SHS	2,009	2,425
LUKOIL SPON ADR, 34 SHS	1,945	2,186
LVMH MOET HENNESSY LOU VUITT ADR, 68 SHS	1,484	2,373
MILLICOM INTL CELLULAR SA, 15 SHS	1,365	1,713
MITSUI & CO LTD SPSD ADR, 7 SHS	1,953	2,385
MTN GROUP LTD ADR, 136 SHS	2,086	2,923
NESTLE SA SPONS ADR, 156 SHS	7,320	10,035
NOBLE CORP, 38 SHS	1,557	1,591
NOVARTIS AG ADR, 80 SHS	4,279	5,162
NOVO NORDISK AS ADR, 10 SHS	645	1,260
OAO GAZPROM SPON ADR, 82 SHS	997	1,210
ORIX CORP SPONS ADR, 34 SHS	1,274	1,622
PARTNEERE LTD, 13 SHS	972	973
PETROLEO BRASILEIRO SPON ADR, 124 SHS	5,136	3,876
QIAGEN NV, 108 SHS	2,351	2,131
ROCHE HLDG LTD ADR, 69 SHS	2,728	3,030
ROYAL DUTCH SHELL PLC ADR, 66 SHS	4,125	4,714
SANOFI AVENTIS ADR, 43 SHS	1,575	1,703
SAP AG ADR, 55 SHS	2,576	3,419
SASOL LTD SPONS ADR, 31 SHS	1,213	1,662
SCHLUMBERGER LTD, 35 SHS	2,242	3,000
SCHNEIDER ELECT SA UNSP ADR, 203 SHS	2,575	3,380
SOCIETE GENERALE FRANCE SPONS ADR, 176 SHS	2,209	2,093
TAIWAN SEMICONDUCTOR ADR, 231 SHS	2,277	3,155
TESCO PLC ADR, 90 SHS	1,891	1,872
TEVA PHARMACEUTICAL INDS LTD ADR, 123 SHS	7,078	6,261
THOMPSON CREEK METALS CO INC, 213 SHS	2,443	2,313
TOKIO MARINE HOLDINGS ADR, 73 SHS	1,916	1,992
TOTAL S A ADR, 59 SHS	3,666	3,398
TURKCELL ILETISIM HIZMET ADR, 173 SHS	2,899	2,434
UNILEVER PLC SPSD ADR, 34 SHS	1,018	1,108
VALE SA SP ADR ORDINARY, 53 SHS	1,814	1,710
VOLVO AB SPONS ADR, 128 SHS	1,699	2,318
WALMART DE MEXICO SAB DE CV ADR, 107 SHS	1,943	3,265
WPP PLC SPONS ADR, 59 SHS	2,787	3,680
ZURICH FINANCIAL SVCS ADR, 48 SHS	976	1,284
CATERPILLAR INC; 15 SHS	973	1,587
CSX CORP; 55 SHS	3,969	4,362
CUMMINS INC; 30 SHS	2,571	3,157
FRONTIER OIL CORP; 75 SHS	2,066	2,240
LAUDER ESTEE COS INC CL A; 25 SHS	2,367	2,563
ADOBE SYS INC; 52 SHS	1,656	1,801
ALERE INC; 31 SHS	1,114	1,240
AMAZON COM INC; 31 SHS	4,831	6,098
AMERICAN EXPRESS CO; 165 SHS	6,793	8,514
BANK OF AMERICA CORP; 75 SHS	982	882
BEST BUY CO INC; 26 SHS	1,031	826
CAREFUSION CORPORATION; 49 SHS	1,318	1,420
CARPENTER TECHNOLOGY CORP; 32 SHS	1,308	1,683
CENTURYLINK INC; 15 SHS	520	648
CIT GROUP INC; 30 SHS	1,373	1,330
CITIGROUP INC; 54 SHS	2,413	2,222
ENERGIZER HOLDINGS INC; 23 SHS	1,640	1,773
ENERSYS; 41 SHS	1,423	1,468
EQUINIX INC; 13 SHS	1,054	1,319
HERTZ GLOBAL HOLDINGS INC; 165 SHS	1,969	2,665
INTUITIVE SURGICAL INC; 16 SHS	4,208	5,584
MANITOWOC COMPANY INC; 48 SHS	784	865
MASCO CORP; 48 SHS	666	684
MCGRAW HILL COMPANIES INC; 83 SHS	2,799	3,525
MERCK AND CO INC NEW; 151 SHS	5,455	5,550
MONSTER WORLDWIDE INC; 119 SHS	1,694	1,835
PENN NATL GAMING INC; 42 SHS	1,530	1,701
PERRIGO CO; 128 SHS	7,925	10,952
REGAL ENTERTAINMENT GROUP A; 53 SHS	642	718
SANDRIDGE ENERGY INC; 137 SHS	1,475	1,551
SAVVIS INC; 43 SHS	1,377	1,690
SPIRIT AEROSYSTEMS HOLDINGS INC; 76 SHS	1,669	1,664
TITANIUM METALS CORP; 56 SHS	1,060	1,049
TRIUMPH GROUP INC; 8 SHS	691	748
UNITED HEALTH GROUP INC; 16 SHS	521	783
UNITED STATES STEEL CORP; 12 SHS	546	553
UNIVERSAL HEALTH SVCS INC; 54 SHS	2,031	2,942
VORNADO REALTY TRUST; 13 SHS	1,098	1,279
WALTER ENERGY INC; 14 SHS	1,713	1,744
ARM HLDGS PLC ADR; 131 SHS	2,591	3,740
B H P BILLITON PLC SPSD ADR; 13 SHS	1,043	1,032
B N P PARIBAS SA ADR; 47 SHS	1,706	1,841
B T GROUP PLC ADR; 62 SHS	1,826	2,066
BANCO BRADESCO ADR; 52 SHS	1,012	1,036
BAYERISCHE MOTOREN WERKE UNSPN ADR; 83 SHS	2,065	2,449
CENTRICA PLC ADR; 48 SHS	1,016	1,003
COCHLEAR LTD UNSPON ADR; 30 SHS	1,044	1,281
CSL LIMITED ADR; 67 SHS	1,100	1,222
FOCUS MEDIA HOLDINGS ADR; 61 SHS	1,039	1,906
INFINEON TECHNOLOGIES AG ADR; 208 SHS	2,107	2,404
INGERSOLL RAND PLC; 15 SHS	677	749
INTERCONTINENTAL HTLS GRP PLSPONS; 59 SHS	985	1,270
ITAU UNIBANCO HOLDINGS SA ADR; 74 SHS	1,683	1,689
LI FUNG LTD ADR; 277 SHS	1,605	1,266
LOGITECH INTL SA; 65 SHS	1,037	824
LONZA GROUP AG UNSPON ADR; 118 SHS	994	1,022
MARVELL TECHNOLOGY GROUP LTD; 88 SHS	1,647	1,429
NABORS INDUSTRIES LTD; 46 SHS	1,288	1,283
NISSAN MTR LTD; 76 SHS	1,562	1,519
POPULAR INC; 199 SHS	673	577
PRECISION DRILLING TRUST; 143 SHS	1,583	2,220
REPSOL SA; 20 SHS	672	681
SEAGATE TECHNOLOGY; 169 SHS	2,477	2,840
SIEMENS AG ADR; 15 SHS	1,927	2,008
SONY CORP ADR; 18 SHS	663	482
TURKIYE GARANTI BANKASI AS ADR; 198 SHS	1,038	891
UBS AG REG; 55 SHS	998	1,063
UNICHARM CORPORATION ADR; 17 SHS	686	693
VIVO PARTICIPACOES SA ADR; 38 SHS	1,340	1,715
VODAFONE GROUP PLC ADR; 40 SHS	1,028	1,121
VALE SA SP ADR PFD SH, 116 SHS	2,996	3,399

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
GNMA POOL 421762 7.5% 8/15/11	AT COST	10	10
GNMA POOL 442552 7% 5/15/12	AT COST	24	25
GNMA POOL 324679 8% 4/15/22	AT COST	771	913
GNMA II POOL 1871 9% 9/20/24	AT COST	205	241
FNMA POOL 50813 1/1/13	AT COST	254	257
FHLMC G30026 7% 1/1/14	AT COST	389	422
FNMA #444268 6% 9/1/18	AT COST	2,065	2,198
FNMA #761341 5% 4/1/19	AT COST	5,392	5,716
ISHARES S&P SMALLCAP 600 INDEX FUND, 800 SHS.	AT COST	38,763	59,872
ISHARES MSCI EMERGING MARKETS INDEX FUND, 1,875 SHS.	AT COST	61,711	90,994
ISHARES TR IBOXX H/Y CORP BOND FUND, 700 SHS.	AT COST	55,267	64,680
AMERICAN CENTURY INTL BOND FUND, 4508.045 SHS.	AT COST	58,244	65,908
IPATH DOW JONES UBS COMMODITY, 1325 SHS.	AT COST	53,492	66,687
NUVEEN INFLATION PRO SEC CL I, 4704.356 SHS	AT COST	48,823	51,325
NUVEEN INTERMEDIATE TERM B CL 1; 16775.454 SHS	AT COST	146,209	176,310
NUVEEN SHORT TERM BD FD CL I; 4334.631 SHS	AT COST	43,433	43,736
PIMCO TOTAL RETURN FUND INST; 7012.868 SHS	AT COST	76,300	77,562
ABERDEEN FDS EMRGN MKT INSL; 2256.92 SHS	AT COST	31,800	33,425
AMERICAN GRW FD OF AMER F2; 599.038 SHS	AT COST	18,420	19,397
NUVEEN REAL ESTATE SECURIT CL I; 2682.6 SHS	AT COST	29,564	55,288
NUVEEN SMALL CAP GWTH OPP CL I; 752.331 SHS	AT COST	16,594	19,087
SPDR DJ WILSHIRE INTERNATIONAL; 1250 SHS	AT COST	49,811	51,500
SPDR S&P 500 ETF TRUST; 325 SHS	AT COST	38,428	43,842