Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2010
For calendar year 2010, or tax year beginning 07-01-2010 , and ending 06-30-2011
G
Check all that apply:
Name of foundation
National Intercollegiate Rodeo
Foundation

Number and street (or P.O. box number if mail is not delivered to street address)2033 Walla Walla Ave   Room/suite
City or town, state, and ZIP code
Walla Walla, WA99362
A Employer identification number

91-1659631
B Telephone number (see page 10 of the instructions)

(509) 529-4402
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$868,213J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 327,681
2 Check bullet
3 Interest on savings and temporary cash investments 963 963 963
4 Dividends and interest from securities......      
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 0
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 750
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule)..... Click to see attachment 750 750
11 Other income (attach schedule)....... Click to see attachment 30,004    
12 Total. Add lines 1 through 11........ 359,398 963 1,713
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 970      
c Other professional fees (attach schedule)....        
17 Interest............... 8,383      
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 1,935      
19 Depreciation (attach schedule) and depletion... Click to see attachment 9,238    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,615      
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 63,186      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 85,327 0   0
25 Contributions, gifts, grants paid........ 264,641 264,641
26 Total expenses and disbursements. Add lines 24 and 25 349,968 0   264,641
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 9,430
b Net investment income (if negative, enter -0-) 963
c Adjusted net income (if negative, enter -0-)... 1,713
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 175,889 207,874 208,874
2 Savings and temporary cash investments.......... 142,409 310,037 310,037
3 Accounts receivable bullet45,163
Less: allowance for doubtful accounts bullet   45,764 45,163 45,163
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........      
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet304,139
Less: accumulated depreciation (attach schedule) bullet12,357 301,020 Click to see attachment291,782 304,139
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 665,082 854,856 868,213
Liabilities 17 Accounts payable and accrued expenses.......... 33,370 1,617
18 Grants payable...................    
19 Deferred revenue.................. 135,765 353,624
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 238,796 Click to see attachment233,034
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 407,931 588,275
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 257,151 266,581
30 Total net assets or fund balances (see page 17 of the
instructions).................... 257,151 266,581
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 665,082 854,856
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)............... 1 257,151
2 Enter amount from Part I, line 27a...................... 2 9,430
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 266,581
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 266,581
Form 990-PF (2010)
Form 990-PF (2010)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (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
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2009 297,653 477,719 0.62307
2008 85,085 368,755 0.23074
2007 85,836 314,184 0.27320
2006 95,862 287,300 0.33367
2005 86,291 221,810 0.38903
2 Total of line 1, column (d) ...................... 2 1.84971
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 0.36994
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 712,293
5 Multiply line 4 by line 3....................... 5 263,506
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 10
7 Add lines 5 and 6......................... 7 263,516
8 Enter qualifying distributions from Part XII, line 4.............. 8 264,641
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2010)
Form 990-PF (2010)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 10
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 10
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 10
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a  
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  
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 10
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet0 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?.............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
No
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletWA
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.collegerodeo.com
    14
    The books are in care ofbulletSarah Neely Telephone no.bullet (509) 529-4402
    Located atbullet2033 Walla Walla AveWalla WallaWA ZIP+4bullet99362
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2010?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
    No
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    Butch Bratsky Director
    5.00     		0    
    4381 Hi-Line Drive
    Billings,MT59106
    Hadley Barrett Director
    5.00     		0    
    2544 Weld County Road 50
    Kersey,CO80644
    Bruce Hunt Director
    5.00     		0    
    300 Cherry Lane
    Coalinga,CA93210
    John Smith Director
    5.00     		0    
    13179 South Main Road
    Roanoke,LA70581
    Chuck Sylvester Director
    5.00     		0    
    PO Box 893 17939 Hwy 394
    La Salle,CO80645
    Corey Rutledge Director
    5.00     		0    
    PO Box 4068
    Cheyenne,WY82003
    CJ Aragon Director
    5.00     		0    
    911 S Tenth Street
    Tucumcari,NM88401
    Sarah Neely Secretary
    15.00     		0    
    2033 Walla Walla Avenue
    Walla Walla,WA99362
    Kent Rutledge Director
    5.00     		0    
    PO Box 4068
    Cheyenne,WY82003
    Tony Branquinho Director
    5.00     		0    
    1 Grand Avenue
    San Luis Obispo,CA93407
    Staci Stanbrough Vice President
    5.00     		0    
    HC 71 Box 1004
    Capitan,NM88316
    Roger Walters President
    20.00     		0    
    2033 Walla Walla Avenue
    Walla Walla,WA99362
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    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)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    406,726
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    316,414
    d
    Total (add lines 1a, b, and c).........................
    1d
    723,140
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d..........................
    3
    723,140
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    10,847
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    712,293
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    35,615
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    35,615
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    10
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    35,605
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    35,605
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    35,605
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    264,641
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    264,641
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
    10
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    264,631
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2009     		(c)
    2009     		(d)
    2010
    1 Distributable amount for 2010 from Part XI, line 7 35,605
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2010:
    a From 2005....... 75,288
    b From 2006....... 81,643
    c From 2007....... 70,305
    d From 2008....... 66,748
    e From 2009....... 273,823
    fTotal of lines 3a through e......... 567,807
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 264,641
    a Applied to 2009, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		0
    d Applied to 2010 distributable amount..... 35,605
    e Remaining amount distributed out of corpus 229,036
    5 Excess distributions carryover applied to 2010.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 796,843
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		75,288
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		721,555
    10 Analysis of line 9:
    a Excess from 2006.... 81,643
    b Excess from 2007.... 70,305
    c Excess from 2008.... 66,748
    d Excess from 2009.... 273,823
    e Excess from 2010.... 229,036
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2010 (b) 2009 (c) 2008 (d) 2007
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    Nat'l Intercollegiate Rodeo Foundat
    2033 Walla Walla Avenue
    Walla Walla,WA99362
    (509) 529-4402
    bThe form in which applications should be submitted and information and materials they should include:
    Scholarship applications are available at the above address.
    cAny submission deadlines:
    May 1st of each year.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Related to Rodeo Activities.
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Cal Poly St University-San Luis Obi
    1 Grand Avenue
    San Luis Obispo,CA93407     		None N/A Rodeo Enhancement Grant. 1,000
    Howard College
    1001 Birdwell Lane
    Big Spring,TX79720     		None N/A Rodeo Enhancement Grant. 1,000
    Texas AM University
    TAMU 2134 Rm 225 Horticulture Dept
    College Station,TX77843     		None N/A Rodeo Enhancement Grant. 1,000
    Weber State University
    3001 University Circle
    Ogden,UT84408     		None N/A Rodeo Enhancement Grant. 1,000
    Missouri Valley College
    500 E College
    Marshall,MO65340     		None N/A Rodeo Enhancement Grant. 1,000
    Walla Walla Community College
    500 Tausick Way
    Walla Walla,WA99362     		None N/A Rodeo Enhancement Grant. 1,000
    North Dakota State University
    PO Box 6050 Dept 7630
    Fargo,ND58108     		None N/A Rodeo Enhancement Grant. 1,000
    Mesalands Community College
    911 S 10th Street
    Tucumcari,NM88401     		None N/A Rodeo Enhancement Grant. 1,000
    Eastern Wyoming College
    3200 West C Street
    Torrington,WY82240     		None N/A Rodeo Enhancement Grant. 1,000
    Southwestern Oklahoma State Univers
    100 Campus Drive
    Weatherford,OK73096     		None N/A Rodeo Enhancement Grant. 1,000
    Dawson Community College
    PO Box 421
    Glendive,MT59330     		None N/A Rodeo Enhancement Grant. 1,000
    Cal Poly St University-San Luis Obi
    1 Grand Avenue
    San Luis Obispo,CA93407     		None N/A Most Improved Rodeo of the Year Grant. 150
    Howard College
    1001 Birdwell Lane
    Big Spring,TX79720     		None N/A Most Improved Rodeo of the Year Grant. 150
    Texas AM University
    TAMU 2134 Rm 225 Horticulture Dept
    College Station,TX79720     		None N/A Most Improved Rodeo of the Year Grant. 150
    Weber State University
    3001 University Circle
    Ogden,UT84408     		None N/A Most Improved Rodeo of the Year Grant. 150
    Missouri Valley College
    500 E College
    Marshall,MO65340     		None N/A Most Improved Rodeo of the Year Grant. 150
    Walla Walla Community College
    500 Tausick Way
    Walla Walla,WA99362     		None N/A Most Improved Rodeo of the Year Grant. 150
    North Dakota State University
    PO Box 6050 Dept 7630
    Fargo,ND58108     		None N/A Most Improved Rodeo of the Year Grant. 150
    Mesalands Community College
    911 S 10th Street
    Tucumcari,NM88401     		None N/A Most Improved Rodeo of the Year Grant. 150
    Eastern Wyoming College
    3200 West C Street
    Torrington,WY82240     		None N/A Most Improved Rodeo of the Year Grant. 150
    Southwestern Oklahoma State Univers
    100 Campus Drive
    Weatherford,OK73096     		None N/A Most Improved Rodeo of the Year Grant. 150
    Dawson Community College
    PO Box 421
    Glendive,MT59330     		None N/A Most Improved Rodeo of the Year Grant. 150
    Cal Poly St University-San Luis Obi
    1 Grand Avenue
    San Luis Obispo,CA93407     		None N/A Rodeo of the Year Grant. 350
    Howard College
    1001 Birdwell Lane
    Big Spring,TX79720     		None N/A Rodeo of the Year Grant. 350
    Texas AM University
    TAMU 2134 Rm 224 Horticulture Dept
    College Station,TX77843     		None N/A Rodeo of the Year Grant. 350
    Weber State University
    3001 University Circle
    Ogden,UT84408     		None N/A Rodeo of the Year Grant. 350
    Missouri Valley College
    500 E College
    Marshall,MO65340     		None N/A Rodeo of the Year Grant. 350
    Walla Walla Community College
    500 Tausick Way
    Walla Walla,WA99362     		None N/A Rodeo of the Year Grant. 350
    North Dakota State University
    PO Box 6050 Dept 7630
    Fargo,ND58108     		None N/A Rodeo of the Year Grant. 350
    Mesalands Community College
    911 S 10th Street
    Tucumcari,NM88401     		None N/A Rodeo of the Year Grant. 350
    Eastern Wyoming College
    3200 West C Street
    Torrington,WY82240     		None N/A Rodeo of the Year Grant. 350
    Southwestern Oklahoma State Univers
    100 Campus Drive
    Weatherford,OK73096     		None N/A Rodeo of the Year Grant. 350
    Dawson Community College
    PO Box 421
    Glendive,MT59330     		None N/A Rodeo of the Year Grant. 350
    Shannon Jones
    2095 Adobe Road
    Morro Bay,CA93442     		None N/A John C Smith Graduate School Scholarship. 2,500
    Anna Stitt
    1604 Lower Braziel Creek Road
    Helmville,MT59843     		None N/A Harry Vold Scholarship. 2,500
    McKenna Galbreath
    11226 FM 908
    Rockdale,TX76567     		None N/A Shane Drury Scholarship. 2,500
    Brittany Bell
    200 Napie Road
    Gillette,WY82718     		None N/A Shane Drury Scholarship. 500
    Matthew Powell
    36207 Colbert Place
    Newark,CA94560     		None N/A Shane Drury Scholarship. 500
    Carla Olstad
    General Delivery
    Madden,AlbertaTOM 1LO
    CA     		None N/A Shane Drury Scholarship. 500
    New Mexico State University
    PO Box 30003 MSC 3AE
    Las Cruces,NM88003     		None N/A Walt Garrison Scholarship. 2,500
    Staci Stanbrough
    HC 71 Box 1004
    Capitan,NM88316     		None N/A Walt Garrison Scholarship. 2,500
    Luke Creasy
    Box 22
    Brownfield,AlbertaTOC ORO
    CA     		None N/A Altria Scholarship Awards Program. 3,200
    Calyssa Thomas
    18441 Capri Place
    Harrold,SD57536     		None N/A Altria Scholarship Awards Program. 1,400
    Megan Crist
    3111 E 3200 N
    Twin Falls,ID83301     		None N/A Altria Scholarship Awards Program. 1,000
    Nathan Schaper
    252 Canyon Road
    Grassy Butte,ND58634     		None N/A Altria Scholarship Awards Program. 800
    Bo Simpson
    3449 Aggie Rodeo Drive
    Las Cruces,NM88011     		None N/A Altria Scholarship Awards Program. 1,400
    Bailey Guthrie
    10968 E 145 N
    Rigby,ID83442     		None N/A Altria Scholarship Awards Program. 1,400
    Dawson McMaster
    36792 US Highway 281
    Alva,OK73717     		None N/A Altria Scholarship Awards Program. 800
    Amy Outhier
    24057 E 1040 Road
    Weatherford,OK73096     		None N/A Altria Scholarship Awards Program. 1,800
    Stacy Doll
    14476 Hackamore Road
    Prairie City,SD57649     		None N/A Altria Scholarship Awards Program. 800
    Jared Johnson
    12306 N 10000 W
    Tremonton,UT84337     		None N/A Altria Scholarship Awards Program. 1,400
    Carla Olstad
    General Delivery
    Madden,AlbertaTOM 1LO
    CA     		None N/A Altria Scholarship Awards Program. 350
    Meka Melvin
    200 Melvin Drive
    Tyron,NE69167     		None N/A Altria Scholarship Awards Program. 800
    West Hills College
    9900 Cody Street
    Coalinga,CA93210     		None N/A Altria Scholarship Awards Program. 900
    University of Nevada-Las Vegas
    7775 West Craig Road
    Las Vegas,NV89129     		None N/A Altria Scholarship Awards Program. 2,400
    Lassen College
    PO Box 3000
    Lassen,CA96130     		None N/A Altria Scholarship Awards Program. 600
    California State University-Fresno
    2415 E San Ramon MS75
    Fresno,CA93740     		None N/A Altria Scholarship Awards Program. 1,800
    Feather River College
    570 Golden Eagle Avenue
    Quincy,CA95971     		None N/A Altria Scholarship Awards Program. 2,400
    Cal Poly State University-SLO
    1 Grand Avenue
    San Luis Obispo,CA93407     		None N/A Altria Scholarship Awards Program. 3,600
    Western Texas College
    6200 College Avenue
    Snyder,TX79549     		None N/A Altria Scholarship Awards Program. 3,400
    Weatherford College
    225 College Park Drive
    Weatherford,TX76086     		None N/A Altria Scholarship Awards Program. 300
    Vernon College
    4400 College Drive
    Vernon,TX76384     		None N/A Altria Scholarship Awards Program. 16,350
    Texas State University-Lubbock
    PO Box 42141
    Lubbock,TX79409     		None N/A Altria Scholarship Awards Program. 1,100
    Tarleton State University
    Box T 0640
    Stephenville,TX76402     		None N/A Altria Scholarship Awards Program. 13,550
    Sul Ross State University
    PO Box C-11
    Alpine,TX79832     		None N/A Altria Scholarship Awards Program. 300
    South Plains College
    1401 S College Avenue
    Levelland,TX79336     		None N/A Altria Scholarship Awards Program. 600
    Odessa College
    201 W University
    Odessa,TX79764     		None N/A Altria Scholarship Awards Program. 300
    Howard County Junior College
    1001 Birdwell Lane
    Big Spring,TX79720     		None N/A Altria Scholarship Awards Program. 3,325
    Eastern New Mexico University
    ENMU Station 17
    Portales,NM88130     		None N/A Altria Scholarship Awards Program. 4,200
    Wharton County Junior College
    911 Boling Highway
    Wharton,TX77488     		None N/A Altria Scholarship Awards Program. 5,725
    Texas AM University
    TAMU 2134 Rm 225 Horticulture Dept
    College Station,TX77843     		None N/A Altria Scholarship Awards Program. 1,500
    Southwest Texas Junior College
    2401 Garner Field Road
    Uvalde,TX78801     		None N/A Altria Scholarship Awards Program. 300
    Stephen F Austin State University
    4587 County Road 260
    Nacogdoches,TX75965     		None N/A Altria Scholarship Awards Program. 300
    Sam Houston State University
    PO Box 2088
    Huntsville,TX77340     		None N/A Altria Scholarship Awards Program. 1,800
    Panola Junior College
    1109 West Panola
    Carthage,TX75633     		None N/A Altria Scholarship Awards Program. 300
    Northeast Texas Community College
    PO Box 1307
    Mount Pleasant,TX75456     		None N/A Altria Scholarship Awards Program. 1,100
    McNeese State University
    PO Box 90700
    Lake Charles,LA70609     		None N/A Altria Scholarship Awards Program. 1,200
    Hill College
    112 Lamar Drive
    Hillsboro,TX76645     		None N/A Altria Scholarship Awards Program. 2,900
    Weber State University
    2601 University Circle
    Ogden,UT84408     		None N/A Altria Scholarship Awards Program. 3,700
    Utah Valley University
    800 W University Parkway 289
    Orem,UT84058     		None N/A Altria Scholarship Awards Program. 1,900
    Utah State University
    5700 Old Main Hill
    Logan,UT84322     		None N/A Altria Scholarship Awards Program. 300
    Southern Utah University
    351 W University Blvd
    Cedar City,UT84720     		None N/A Altria Scholarship Awards Program. 600
    Idaho State University
    921 S Eighth Ave Stop 8380
    Pocatello,ID83209     		None N/A Altria Scholarship Awards Program. 1,900
    College of Southern Idaho
    PO Box 1238
    Twin Falls,ID83303     		None N/A Altria Scholarship Awards Program. 4,600
    University of Tennessee-Martin
    1022 Elam Center
    martin,TN38238     		None N/A Altria Scholarship Awards Program. 3,450
    Univesity of Arkansas-Monticello
    PO Box 3508 UAM
    Monticello,AR71656     		None N/A Altria Scholarship Awards Program. 900
    Troy University
    108 County Road 5520
    Troy,AL36081     		None N/A Altria Scholarship Awards Program. 900
    Southern Arkansas University
    PO Box 9418
    Magnolia,AR71754     		None N/A Altria Scholarship Awards Program. 1,350
    Missouri Valley College
    500 E College
    Marshall,MO65340     		None N/A Altria Scholarship Awards Program. 16,600
    Walla Walla Community College
    500 Tausick Way
    Walla Walla,WA99362     		None N/A Altria Scholarship Awards Program. 3,600
    University of Idaho
    PO Box 441230
    Moscow,ID83844     		None N/A Altria Scholarship Awards Program. 300
    Treasure Valley Community College
    650 College Blvd
    Ontario,OR97914     		None N/A Altria Scholarship Awards Program. 2,700
    Central Washington State University
    SURC 263 400 E University Way
    Ellensburg,WA98926     		None N/A Altria Scholarship Awards Program. 1,800
    Blue Mountain Community College
    2411 N Carden Avenue
    Pendleton,OR97801     		None N/A Altria Scholarship Awards Program. 2,400
    South Dakota State University
    Box 2208 Ag Hall
    Brookings,SD57007     		None N/A Altria Scholarship Awards Program. 10,400
    Nebraska College of Tech Agricultur
    404 East Seventh Street
    Curtis,NE69025     		None N/A Altria Scholarship Awards Program. 600
    Iowa Central Community College
    One Triton Circle
    Fort Dodge,IA50501     		None N/A Altria Scholarship Awards Program. 1,400
    Dickinson State University
    291 Campus Drive
    Dickinson,ND58601     		None N/A Altria Scholarship Awards Program. 3,600
    Black Hills State University
    1200 University Unit 9535
    Spearfish,SD57799     		None N/A Altria Scholarship Awards Program. 1,200
    Northland Pioneer College
    PO Box 610
    Holbrook,AZ86025     		None N/A Altria Scholarship Awards Program. 600
    New Mexico State University
    PO Box 30003 MSC 3AE
    Las Cruces,NM88003     		None N/A Altria Scholarship Awards Program. 3,800
    New Mexico Highlands University
    Box 9000
    Las Vegas,NM87701     		None N/A Altria Scholarship Awards Program. 1,200
    Navajo Technical College
    PO Box 849
    Crownpoint,NM87313     		None N/A Altria Scholarship Awards Program. 600
    Mesalands Community College
    911 S 10th Street
    Tucumcari,NM88401     		None N/A Altria Scholarship Awards Program. 4,200
    Cochise College
    4190 W State Hwy 80
    Douglas,AZ85607     		None N/A Altria Scholarship Awards Program. 300
    Central Arizona College
    8470 N Overfield Road
    Coolidge,AZ85228     		None N/A Altria Scholarship Awards Program. 2,400
    University of Wyoming
    PO Box 3354
    Laramie,WY82071     		None N/A Altria Scholarship Awards Program. 3,000
    Gillette College
    300 West Sinclair
    Gillette,WY82718     		None N/A Altria Scholarship Awards Program. 15,250
    Central Wyoming College
    2660 Peck Avenue
    Riverton,WY82501     		None N/A Altria Scholarship Awards Program. 6,400
    Colorado State University
    800 Eighth Avenue 219
    Greeley,CO80631     		None N/A Altria Scholarship Awards Program. 600
    Casper College
    125 College Drive
    Casper,WY82601     		None N/A Altria Scholarship Awards Program. 600
    Western Oklahoma State College
    2801 N Main
    Altus,OK73521     		None N/A Altria Scholarship Awards Program. 3,000
    Southwestern Oklahoma State Univers
    100 Campus Drive
    Weatherford,OK73096     		None N/A Altria Scholarship Awards Program. 1,800
    Southeastern Oklahoma State Univers
    4321 S Ninth Avenue
    Durant,OK74701     		None N/A Altria Scholarship Awards Program. 900
    Rogers State College
    1701 W Will Rogers Blvd
    Claremore,OK74017     		None N/A Altria Scholarship Awards Program. 300
    Panhandle State University
    OPSU 430
    Goodwell,OK73939     		None N/A Altria Scholarship Awards Program. 11,100
    Northwestern Oklahoma State Univers
    709 Oklahoma Blvd
    Alva,OK73717     		None N/A Altria Scholarship Awards Program. 600
    Garden City Community College
    801 Campus Drive
    Garden City,KS67846     		None N/A Altria Scholarship Awards Program. 600
    Connors State College
    Rural Route 1 Box 1000
    Warner,OK74469     		None N/A Altria Scholarship Awards Program. 2,400
    Bacone College
    2299 Old Baccone Road
    Muskogee,OK74403     		None N/A Altria Scholarship Awards Program. 300
    University of Montana - Western
    710 S Atlantic 01
    Dillon,MT59725     		None N/A Altria Scholarship Awards Program. 4,591
    University of Montana
    32 Campus Drive
    Missoula,MT59812     		None N/A Altria Scholarship Awards Program. 3,300
    Northwest College
    231 W Sixth Street
    Powell,WY82435     		None N/A Altria Scholarship Awards Program. 300
    Montana State University
    PO Box 172080
    Bozeman,MT59717     		None N/A Altria Scholarship Awards Program. 2,700
    Miles City Community College
    2715 Dickinson Street
    Miles City,MT59301     		None N/A Altria Scholarship Awards Program. 300
    Dawson Community College
    PO Box 421
    Glendive,MT59330     		None N/A Altria Scholarship Awards Program. 900
    Jessica Picchietti
    27485 Gray Wolf Road
    Arlee,MT59821     		None N/A Bill Robinson Memorial Academic Scholarship. 1,750
    Dakota Eldridge
    430 Mountain City Highway 11
    Elko,NV89801     		None N/A Bill Robinson Memorial Academic Scholarship. 1,000
    Jason Schaffer
    Box 246
    Broadus,MT59317     		None N/A Bill Robinson Memorial Academic Scholarship. 1,750
    Ryan Bothum
    Route 1 Box 1000
    Warner,OK74469     		None N/A Bill Robinson Memorial Academic Scholarship. 1,750
    Cy Eames
    1950 S 2100 E
    Gooding,ID83330     		None N/A Bill Robinson Memorial Academic Scholarship. 1,000
    Caleb Smidt
    137 Crestview Road
    Yorktown,TX78164     		None N/A Bill Robinson Memorial Academic Scholarship. 1,250
    Jessica Lott
    820 Granger Road
    Sulphur,LA70663     		None N/A National Intercollegiate Rodeo Foundation Academic Scholarship. 1,500
    Bailey Guthrie
    10968 E 145 N
    Rigby,ID83442     		None N/A National Intercollegiate Rodeo Foundation Academic Scholarship. 1,500
    Anna Stitt
    1604 Lower Braziel Creek Road
    Helmville,MT59843     		None N/A Rawhide Individual Scholarships. 500
    Keelan Cyphers
    1710 Lauren Lane
    Mission,TX78572     		None N/A Rawhide Idividual Scholarships 500
    Total .................................bullet 3a 264,641
    bApproved for future payment
    Total ..................................bullet 3b  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 963  
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......         -7,556
    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          
    9 Net income or (loss) from special events:     1 15,454  
    10 Gross profit or (loss) from sales of inventory..     26 750  
    11 Other revenue: aExpense Reimbursements         2,000
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   17,167 -5,556
    13Total. Add line 12, columns (b), (d), and (e)...................
    1311,611
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    11A Income due to voiding previous years uncashed checks.
    5A Rent Income is received from the National Intercollegiate Rodeo Association, an organization which the National Intercollegiate Rodeo Foundation supports.
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash....................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements............................
    1b(4)
     
    No
    (5) Loans or loan guarantees..............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    NIRA 501(c)(4) (1)Provides contributions to the Foundation.(2)Provides administrative services to the Foundation.
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID: 10000105
    Software Version: 2010v3.2


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2010
    Name of organization
    National Intercollegiate Rodeo
    Foundation
    Employer identification number

    91-1659631
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




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

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part I
    Name of organization
    National Intercollegiate Rodeo
    Foundation         		Employer identification number

    91-1659631
    Part I
    Contributors (see Instructions)
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    2
     
     

    Altria    
    6601 West Broad Street
       
    Richmond, VA   23285

    		$226,850




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    1
     
     

    Bill Robinson Mem Scholarship    
    PO Box 865
       
    Sanger, TX   76266

    		$8,500




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

         
     
       

    		$  




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

         
     
       

    		$  




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

         
     
       

    		$  




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

         
     
       

    		$  




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

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part II
    Name of organization
    National Intercollegiate Rodeo
    Foundation         		Employer identification number

    91-1659631
    Part II
    Noncash Property (see Instructions)
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part III
    Name of organization
    National Intercollegiate Rodeo
    Foundation         		Employer identification number

    91-1659631
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    aggregating more than $1,000 for the year. (Complete columns (a) through (e) and the following line entry.)
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Additional Data


    Software ID: 10000105
    Software Version: 2010v3.2

    TY 2010 AccountingFeesSchedule
    Name:
    National Intercollegiate Rodeo
    Foundation
    EIN: 91-1659631
    Software ID:10000105
    Software Version:2010v3.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting Fees 970 0 0 0

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

    TY 2010 DepreciationSchedule
    Name:
    National Intercollegiate Rodeo
    Foundation
    EIN: 91-1659631
    Software ID:10000105
    Software Version:2010v3.2
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    2033 Walla Walla Avenue 2010-03-12 243,311 3,119 93 39.0000 9,238      

    TY 2010 LandEtcSchedule2
    Name:
    National Intercollegiate Rodeo
    Foundation
    EIN: 91-1659631
    Software ID:10000105
    Software Version:2010v3.2
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Land 60,828   60,828 60,828
    Buildings 243,311 12,357 230,954 243,311


    TY 2010 MortgagesAndNotesPayableSch 
    Name:
    National Intercollegiate Rodeo
    Foundation
    EIN: 91-1659631
    Software ID:10000105
    Software Version:2010v3.2
    Total Mortgage Amount: 233034


    TY 2010 OtherExpensesSchedule
    Name:
    National Intercollegiate Rodeo
    Foundation
    EIN: 91-1659631
    Software ID:10000105
    Software Version:2010v3.2
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Special Event Expenses 550      
    Rental Expenses 10,318      
    Rawhide Coaches Breakfast 1,233      
    Office Expense 5,440      
    Historical Preservation Expense 1,617      
    Friends of Foundation Promotion 30,000      
    Administrative Fee 14,000      
    6-30-2010 Form 990PF Tax 28      


    TY 2010 OtherIncomeSchedule2
    Name:
    National Intercollegiate Rodeo
    Foundation
    EIN: 91-1659631
    Software ID:10000105
    Software Version:2010v3.2
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Rental Income - Noninvestment Property 12,000    
    Income From Special Events 16,004    
    Expense Reimbursements 2,000    


    TY 2010 SalesOfInventoryList 
    Name:
    National Intercollegiate Rodeo
    Foundation
    EIN: 91-1659631
    Software ID:10000105
    Software Version:2010v3.2

    Category Gross Sales Cost of Goods Sold Net (Gross Sales Minus
    Cost of Goods Sold)
    Video Sales 750   750

    TY 2010 TaxesSchedule
    Name:
    National Intercollegiate Rodeo
    Foundation
    EIN: 91-1659631
    Software ID:10000105
    Software Version:2010v3.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Real Estate Taxes 1,935