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 02-01-2010 , and ending 01-31-2011
G
Check all that apply:
Name of foundation
MANNING FOUNDATION ACCOUNT NUMBER 70877600
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 41629   Room/suite
City or town, state, and ZIP code
AUSTIN, TX787040028
A Employer identification number

76-6105634
B Telephone number (see page 10 of the instructions)

(877) 719-4048
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$2,292,875J 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)  
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 40,659 40,659  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -18,652
b Gross sales price for all assets on line 6a 1,036,574
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 22,007 40,659  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 45,050 22,525   22,525
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,650 1,650   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 864 864   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 256 256   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 47,820 25,295   22,525
25 Contributions, gifts, grants paid........ 76,800 76,800
26 Total expenses and disbursements. Add lines 24 and 25 124,620 25,295   99,325
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -102,613
b Net investment income (if negative, enter -0-) 15,364
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 1,841,780 Click to see attachment1,754,660 2,232,785
c Investments—corporate bonds (attach schedule)........ 95,000 Click to see attachment70,000 60,087
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 3 Click to see attachment3 3
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,936,783 1,824,663 2,292,875
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment10,455 Click to see attachment948
23 Total liabilities (add lines 17 through 22).......... 10,455 948
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......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 1,926,328 1,823,715
30 Total net assets or fund balances (see page 17 of the
instructions).................... 1,926,328 1,823,715
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 1,936,783 1,824,663
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 1,926,328
2 Enter amount from Part I, line 27a...................... 2 -102,613
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 1,823,715
5 Decreases not included in line 2 (itemize) bullet 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 1,823,715
Form 990-PF (2010)
Form 990-PF (2010)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 120 AFLAC INC P 2009-12-21 2010-08-27
b 7 ABBOTT LABORATORIES P 2009-12-21 2010-07-26
c 87 ABBOTT LABORATORIES P 2008-04-29 2010-07-26
d 169 ABBOTT LABORATORIES P 2008-04-29 2010-08-06
e 1127 ACTIVISION BLIZZARD INC P 2009-12-21 2010-08-27
93 ALBERTO-CULVER CO P 2010-01-22 2010-08-27
267 ALBERTO-CULVER CO P 2010-01-22 2010-10-25
46 AMAZON COM INC P 2009-10-22 2010-08-27
13 AMAZON COM INC P 2009-12-21 2010-08-27
62 APACHE CORP P 2008-04-29 2010-08-27
39 APPLE COMPUTER INC P 2008-04-29 2010-08-27
20 BB&T CORP P 2009-08-17 2010-03-24
550 BB&T CORP P 2009-05-21 2010-03-24
13 BB&T CORP P 2009-12-21 2010-03-24
159 BEST BUY INC P 2009-05-15 2010-07-09
55 BEST BUY INC P 2009-10-22 2010-07-09
5 BEST BUY INC P 2009-12-21 2010-07-09
270 CVS/CAREMARK CORPORATION P 2008-04-29 2010-06-14
136 CVS/CAREMARK CORPORATION P 2008-04-29 2010-08-27
73 CARNIVAL CORP P 2009-08-14 2010-08-27
62 CELGENE CORP P 2008-09-11 2010-08-27
5 CITRIX SYS INC P 2009-12-21 2010-06-14
10 CITRIX SYS INC P 2009-08-17 2010-06-14
218 CITRIX SYS INC P 2009-08-14 2010-06-14
50 CREE INC P 2010-05-05 2010-08-27
25000 MLN CREDITSUISSE RUSSELL 2000 P 2008-07-10 2010-07-16
117 DANAHER CORP P 2010-05-05 2010-08-27
18 DIAGEO PLC P 2010-01-22 2010-08-27
2237.136 DODGE & COX INCOME FD P 2010-09-01 2011-01-21
31 EOG RESOURCES INC P 2010-06-23 2010-08-27
88 EOG RESOURCES INC P 2010-06-23 2010-11-10
77 EDWARDS LIFESCIENCES CORP P 2010-06-08 2010-08-27
53 EDWARDS LIFESCIENCES CORP P 2010-06-08 2010-12-20
39 EDWARDS LIFESCIENCES CORP P 2010-11-10 2010-12-20
0.775 EXXON MOBIL CORPORATION P 2008-07-25 2010-07-02
10.647 EXXON MOBIL CORPORATION P 2009-12-21 2010-08-27
37.215 EXXON MOBIL CORPORATION P 2009-05-15 2010-08-27
58.138 EXXON MOBIL CORPORATION P 2008-07-25 2010-08-27
2 FMC TECHNOLOGIES INC P 2010-08-06 2010-08-27
87 FASTENAL CO P 2010-03-03 2010-08-27
479 GILEAD SCIENCES INC P 2010-01-29 2010-06-08
15 GOOGLE INC P 2008-04-29 2010-08-27
152 HEWLETT PACKARD CO P 2008-04-29 2010-08-27
88 HEWLETT PACKARD CO P 2008-04-29 2010-11-18
122 HEWLETT PACKARD CO P 2008-09-24 2010-12-20
5 HEWLETT PACKARD CO P 2008-09-02 2010-12-20
231 HEWLETT PACKARD CO P 2008-04-29 2010-12-20
160 HOME DEPOT INC P 2009-04-16 2010-07-09
11 HOME DEPOT INC P 2009-12-21 2010-07-09
69 HOME DEPOT INC P 2009-04-16 2010-08-27
226 HOME DEPOT INC P 2009-04-16 2010-09-03
484 INTEL CORP P 1995-01-11 2010-02-08
24 INTEL CORP P 2009-12-21 2010-08-27
26 INTEL CORP P 1995-01-11 2010-08-27
4 INTEL CORP P 2008-09-02 2010-08-27
25 INTEL CORP P 2009-08-17 2010-08-27
44 INTEL CORP P 2008-11-10 2010-08-27
54 INTERCONTINENTAL EXCHANGE INC P 2008-04-29 2010-08-27
27 INTERCONTINENTAL EXCHANGE INC P 2008-04-29 2010-11-11
93 IBM CORP P 2008-04-29 2010-07-23
3 IBM CORP P 2009-12-21 2010-07-23
55 IBM CORP P 2009-05-15 2010-07-23
470 ISHARES GOLD TRUST P 2001-01-01 2010-02-26
470 ISHARES GOLD TRUST P 2001-01-01 2010-03-31
470 ISHARES GOLD TRUST P 2001-01-01 2010-04-30
470 ISHARES GOLD TRUST P 2001-01-01 2010-05-28
4700 ISHARES GOLD TRUST P 2001-01-01 2010-06-30
4700 ISHARES GOLD TRUST P 2001-01-01 2010-07-30
4700 ISHARES GOLD TRUST P 2001-01-01 2010-08-31
4700 ISHARES GOLD TRUST P 2001-01-01 2010-09-30
4700 ISHARES GOLD TRUST P 2001-01-01 2010-10-29
4700 ISHARES GOLD TRUST P 2001-01-01 2010-11-30
4700 ISHARES GOLD TRUST P 2001-01-01 2010-12-31
1675 ISHARES INC MSCI PACIFIC EX-JAPAN P 2009-07-30 2010-03-31
142 ISHARES INC NSCI PACIFIC EX-JAPAN P 2009-12-21 2010-03-31
495 ISHARES INC MSCI PACIFIC EX-JAPAN P 2009-07-30 2010-05-05
519 ISHARES INC MSCI PACIFIC EX-JAPAN P 2009-07-30 2010-08-27
421 ISHARES INC MSCI PACIFIC EX-JAPAN P 2009-06-12 2010-08-27
41 ISHARES TR MSCI EMERGING MARKETS P 2009-12-21 2010-08-27
378 ISHARES TR MSCI EMERGING MARKETS P 2009-07-30 2010-08-27
18 ISHARES S&P LATIN AMERICA 40 P 2009-12-21 2010-08-27
194 ISHARES S&P LATIN AMERICA 40 P 2010-06-14 2010-08-27
19 ISHARES S&P LATIN AMERICA 40 P 2009-07-30 2010-08-27
47 ISHARES MSCI EAFE P 2009-12-22 2010-08-27
461 ISHARES MSCI EAFE P 2009-01-27 2010-08-27
27 ISHARES MSCI EAFE P 2009-01-27 2010-12-22
251 ISHARES TR S&P MIDCAP 400 ID FD P 2009-08-17 2010-08-27
370 ISHARES TR S&P MIDCAP 400 ID FD P 2009-02-06 2010-08-27
65 ISHARES TR S&P MIDCAP 400 ID FD P 2009-12-21 2010-08-27
25 ISHARES TR S&P MIDCAP 400 ID FD P 2009-02-06 2010-12-22
117 ISHARES S&P MIDCAP 400 GROWTH P 2010-03-31 2010-08-27
524 ISHARES TR SMALLCAP 600 INDEX FD P 2010-03-31 2010-08-27
564 CEF ISHARES S&P SMALL CAP 600 GROWTH P 2008-05-22 2010-08-27
210 CEF ISHARES S&P SMALL CAP 600 GROWTH P 2008-09-02 2010-08-27
33 CEF ISHARES S&P SMALL CAP 600 GROWTH P 2008-09-02 2010-12-22
135 ISHARES MSCI EAFE GROWTH P 2009-12-03 2010-08-27
225 JPMORGAN CHASE & CO P 2004-03-18 2010-02-18
33 JPMORGAN CHASE & CO P 2004-03-18 2010-08-27
98 JPMORGAN CHASE & CO P 2010-03-24 2010-08-27
3 JACOBS ENGR GROUP INC P 2008-09-02 2010-08-19
10 JACOBS ENGR GROUP INC P 2009-12-21 2010-08-19
401 JACOBS ENGR GROUP INC P 2008-04-29 2010-08-19
5 MCDONALDS CORP P 2009-12-21 2010-08-27
71 MCDONALDS CORP P 2008-06-24 2010-08-27
20 MEDCO HEALTH SOLUTIONS INC P 2010-05-05 2010-08-27
69 MEDCO HEALTH SOLUTIONS INC P 2008-09-11 2010-08-27
97 MICROSOFT CORP P 1995-01-11 2010-08-27
278 MICROSOFT CORP P 1995-01-11 2010-09-17
13 MONSANTO CO P 2008-05-22 2010-03-03
2 MONSANTO CO P 2008-09-02 2010-03-03
48 MONSANTO CO P 2008-09-24 2010-03-03
50 MONSANTO CO P 2009-01-20 2010-03-03
47 MONSANTO CO P 2009-08-17 2010-03-03
147 MORGAN STANLEY P 2009-12-21 2010-08-27
431 MORGAN STANLEY P 2009-12-21 2010-10-25
64 NESTLE P 2010-07-09 2010-08-27
56 NETAPP INC P 2010-07-23 2010-08-27
24 NETAPP INC P 2010-06-14 2010-08-27
10 NIKE INC CL B P 2009-08-17 2010-08-27
64 NIKE INC CL B P 2009-04-16 2010-08-27
6 NIKE INC CL B P 2009-12-21 2010-08-27
86 NUVASIVE INC P 2010-03-03 2010-08-27
251 NUVASIVE INC P 2010-01-06 2010-11-10
9 NUVASIVE INC P 2010-03-03 2010-11-10
6338.348 PIMCO TOTAL RET FD-INST 35 P 2010-09-01 2011-01-21
53 PEABODY ENERGY CORPORATION P 2008-12-12 2010-08-27
7 PEABODY ENERGY CORPORATION P 2009-12-21 2010-08-27
68 PETROLEO BRASILEIRO SA P 2009-07-30 2010-08-27
10 PETROLEO BRASILEIRO SA P 2009-12-21 2010-08-27
223 PETROLEO BRASILEIRO SA P 2009-07-30 2010-11-10
5 PETROLEO BRASILEIRO SA P 2009-08-17 2010-11-10
19 POTASH CORP SASK P 2010-01-22 2010-08-27
59 POTASH CORP SASK P 2010-01-22 2010-10-25
7 POWERSHARES DB COMMODITY INDEX P 2009-12-21 2010-08-27
44 POWERSHARES DB COMMODITY INDEX P 2010-05-05 2010-08-27
41 PRAXAIR INC P 2008-04-29 2010-08-27
38 PRECISION CASTPARTS CORP P 2010-07-26 2010-08-27
8 PRECISION CASTPARTS CORP P 2008-04-29 2010-08-27
71 PROCTER & GAMBLE CO P 2008-04-29 2010-08-27
218 PROCTER & GAMBLE CO P 2008-04-29 2011-01-10
8 PROCTER & GAMBLE CO P 2009-12-21 2011-01-10
277 QUALCOMM INC P 2009-05-05 2010-05-05
93 QUALCOMM INC P 2009-08-14 2010-05-05
6147.541 T ROWE PRICE SHORT TERM BD FD 55 P 2010-09-01 2011-01-21
25 SCHLUMBERGER LTD P 2010-08-06 2010-08-27
35 SCHLUMBERGER LTD P 2008-12-19 2010-08-27
7 SCHLUMBERGER LTD P 2009-12-21 2010-08-27
35 STATE STREET CORP P 2010-03-24 2010-08-27
106 STATE STREET CORP P 2010-03-24 2010-10-25
5 STERICYCLE INC P 2009-12-21 2010-08-27
36 STERICYCLE INC P 2009-06-12 2010-08-27
88 TARGET CORP P 1995-01-11 2010-08-27
92 TARGET CORP P 1995-01-11 2010-11-18
5 TEVA PHARMACEUTICAL INDUSTRIES P 2009-03-25 2010-08-27
102 TEVA PHARMACEUTICAL INDUSTRIES P 2009-12-21 2010-08-27
96 THERMO FISHER SCIENTIFIC INC P 2008-04-29 2010-08-27
164 US BANCORP P 2008-04-29 2010-08-27
432 US BANCORP P 2008-04-29 2010-09-03
36 US BANCORP P 2008-09-02 2010-09-03
15 US BANCORP P 2009-12-21 2010-09-03
14 UNION PACIFIC CORP P 2008-09-02 2010-08-27
83 UNION PACIFIC CORP P 2008-08-26 2010-08-27
36 VANGUARD EMERGING MARKETS ETF P 2009-12-21 2010-08-27
323 VANGUARD EMERGING MARKETS ETF P 2008-11-07 2010-08-27
75 VISA INC CLASS A P 2008-06-24 2010-08-27
4 VISA INC CLASS A P 1919-01-22 2010-08-27
21 VISA INC CLASS A P 2008-06-24 2010-09-17
25 VISA INC CLASS A P 2008-05-22 2010-09-17
64 VISA INC CLASS A P 2009-03-10 2010-11-18
16 VISA INC CLASS A P 2009-08-17 2010-11-18
55 VISA INC CLASS A P 2008-05-22 2010-11-18
4 VISA INC CLASS A P 2008-09-02 2010-11-18
51 VISA INC CLASS A P 2009-01-27 2010-11-18
78 WAL MART STORES INC P 2008-04-29 2010-08-27
144 XTO ENERGY INC P 2008-05-22 2010-06-23
147 XTO ENERGY INC P 2008-07-25 2010-06-23
108 ACCENTURE PLC P 2010-07-23 2010-08-27
73 COOPER INDUSTRIES PLC P 2010-05-05 2010-08-27
12 COOPER INDUSTRIES PLC P 2010-05-05 2010-08-27
89 MARVELL TECHNOLOGY GROUP P 2010-05-05 2010-08-27
95 MARVELL TECHNOLOGY GROUP P 2010-03-03 2010-08-27
97 TRANSOCEAN LTD P 2010-01-06 2010-05-05
POWERSHARES DB COMMODITY INDEX ST LOSS P 2010-12-31 2010-12-31
POWERSHARES DB COMMODITY INDEX LT GAIN P 2009-02-06 2010-12-31
POWERSHARES DB COMMODITY INDEX 1256 P 2009-02-06 2010-12-31
CAPITAL GAINS DIVIDENDS P    
(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 5,548   5,570 -22
b 342   379 -37
c 4,254   4,655 -401
d 8,468   9,043 -575
e 12,106   12,453 -347
2,888   2,702 186
9,978   7,755 2,223
5,769   4,243 1,526
1,630   1,720 -90
5,463   8,228 -2,765
9,418   6,827 2,591
645   541 104
17,739   11,434 6,305
419   335 84
5,434   5,662 -228
1,880   2,141 -261
171   202 -31
8,686   11,164 -2,478
3,781   5,624 -1,843
2,264   2,219 45
3,150   4,357 -1,207
222   201 21
444   351 93
9,671   7,855 1,816
2,749   3,495 -746
25,000   25,000 0
4,215   4,821 -606
1,185   1,241 -56
29,664   30,000 -336
2,714   3,313 -599
8,249   9,403 -1,154
4,436   4,021 415
4,456   2,767 1,689
3,279   2,574 705
43   53 -10
624   704 -80
2,183   2,080 103
3,410   3,984 -574
125   126 -1
3,973   3,931 42
16,282   23,231 -6,949
6,788   8,387 -1,599
5,821   7,273 -1,452
3,660   4,211 -551
5,121   5,708 -587
210   230 -20
9,696   11,054 -1,358
4,507   4,176 331
310   320 -10
1,964   1,801 163
6,760   5,899 861
9,409   11,464 -2,055
437   486 -49
473   616 -143
73   91 -18
455   462 -7
801   633 168
5,213   8,212 -2,999
3,110   4,106 -996
11,942   11,423 519
385   386 -1
7,063   5,603 1,460
16   13 3
18   14 4
17   13 4
18   13 5
18   13 5
11   8 3
11   8 3
12   8 4
13   8 5
13   8 5
13   8 5
72,110   59,538 12,572
6,113   5,747 366
19,877   17,595 2,282
20,216   18,448 1,768
16,399   14,018 2,381
1,639   1,660 -21
15,108   13,562 1,546
802   834 -32
8,639   8,667 -28
846   717 129
2,354   2,593 -239
23,086   18,261 4,825
1,556   1,070 486
18,174   15,938 2,236
26,790   19,451 7,339
4,706   4,715 -9
2,280   1,315 965
9,225   10,012 -787
28,151   31,566 -3,415
31,877   37,422 -5,545
11,869   13,871 -2,002
2,442   2,180 262
6,932   7,687 -755
9,037   9,450 -413
1,183   1,386 -203
3,512   4,373 -861
107   210 -103
355   377 -22
14,248   34,685 -20,437
367   313 54
5,218   4,054 1,164
906   1,181 -275
3,127   3,450 -323
2,313   251 2,062
7,064   719 6,345
961   1,582 -621
148   217 -69
3,548   5,389 -1,841
3,696   3,873 -177
3,474   3,727 -253
3,635   4,348 -713
10,586   12,749 -2,163
3,261   3,155 106
2,234   2,404 -170
958   968 -10
707   560 147
4,525   3,458 1,067
424   388 36
2,607   3,550 -943
6,183   8,053 -1,870
222   372 -150
68,708   72,891 -4,183
2,222   1,244 978
293   317 -24
2,271   2,794 -523
334   467 -133
7,902   9,163 -1,261
177   204 -27
2,767   2,092 675
8,457   6,496 1,961
156   167 -11
977   1,021 -44
3,528   3,718 -190
4,330   4,560 -230
912   951 -39
4,249   4,681 -432
13,996   14,372 -376
514   493 21
10,270   12,000 -1,730
3,448   4,309 -861
29,816   30,000 -184
1,344   1,553 -209
1,881   1,399 482
376   448 -72
1,229   1,594 -365
4,293   4,828 -535
324   278 46
2,330   1,795 535
4,561   3,025 1,536
5,096   3,162 1,934
250   227 23
5,095   5,557 -462
4,129   5,528 -1,399
3,450   5,631 -2,181
9,684   14,834 -5,150
807   1,154 -347
336   340 -4
1,018   1,143 -125
6,038   6,606 -568
1,464   1,449 15
13,139   7,943 5,196
5,268   6,191 -923
281   348 -67
1,447   1,733 -286
1,723   1,954 -231
4,919   3,323 1,596
1,230   1,068 162
4,227   4,299 -72
307   299 8
3,920   2,186 1,734
3,990   4,574 -584
6,279   9,447 -3,168
6,410   7,150 -740
4,034   4,359 -325
3,045   3,578 -533
500   588 -88
1,439   1,725 -286
1,536   1,906 -370
7,151   8,893 -1,742
    2 -2
122     122
1,417     1,417
2,046     2,046
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       -22
b       -37
c       -401
d       -575
e       -347
      186
      2,223
      1,526
      -90
      -2,765
      2,591
      104
      6,305
      84
      -228
      -261
      -31
      -2,478
      -1,843
      45
      -1,207
      21
      93
      1,816
      -746
      0
      -606
      -56
      -336
      -599
      -1,154
      415
      1,689
      705
      -10
      -80
      103
      -574
      -1
      42
      -6,949
      -1,599
      -1,452
      -551
      -587
      -20
      -1,358
      331
      -10
      163
      861
      -2,055
      -49
      -143
      -18
      -7
      168
      -2,999
      -996
      519
      -1
      1,460
      3
      4
      4
      5
      5
      3
      3
      4
      5
      5
      5
      12,572
      366
      2,282
      1,768
      2,381
      -21
      1,546
      -32
      -28
      129
      -239
      4,825
      486
      2,236
      7,339
      -9
      965
      -787
      -3,415
      -5,545
      -2,002
      262
      -755
      -413
      -203
      -861
      -103
      -22
      -20,437
      54
      1,164
      -275
      -323
      2,062
      6,345
      -621
      -69
      -1,841
      -177
      -253
      -713
      -2,163
      106
      -170
      -10
      147
      1,067
      36
      -943
      -1,870
      -150
      -4,183
      978
      -24
      -523
      -133
      -1,261
      -27
      675
      1,961
      -11
      -44
      -190
      -230
      -39
      -432
      -376
      21
      -1,730
      -861
      -184
      -209
      482
      -72
      -365
      -535
      46
      535
      1,536
      1,934
      23
      -462
      -1,399
      -2,181
      -5,150
      -347
      -4
      -125
      -568
      15
      5,196
      -923
      -67
      -286
      -231
      1,596
      162
      -72
      8
      1,734
      -584
      -3,168
      -740
      -325
      -533
      -88
      -286
      -370
      -1,742
      -2
      122
      1,417
      2,046
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 -18,652
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 117,142 1,934,742 0.060547
2008 147,515 2,485,296 0.059355
2007 144,303 3,073,300 0.046954
2006 136,486 2,890,365 0.047221
2005 129,222 2,761,409 0.046796
2 Total of line 1, column (d) ...................... 2 0.260873
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 0.052175
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 2,146,258
5 Multiply line 4 by line 3....................... 5 111,981
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 154
7 Add lines 5 and 6......................... 7 112,135
8 Enter qualifying distributions from Part XII, line 4.............. 8 99,325
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 1 307
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 0
3 Add lines 1 and 2............................ 3 307
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- ..... 5 307
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 2,880
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,880
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 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,573
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet2,573 Refunded Bullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
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)bulletTX
    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 addressbulletN/A
    14
    The books are in care ofbulletWELLS FARGO BANK NA Telephone no.bullet (877) 719-4048
    Located atbullet4801 SOUTHWEST PKWY ONE STE 200AUSTINTX ZIP+4bullet78735
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2010?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    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
     
     
    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
    GERARD H STAFFORD JR TRUSTEE
    5.00     		9,000 0 0
    7606 BURNING HILLS
    HOUSTON,TX77071
    NANCY S ROBINSON TRUSTEE
    5.00     		9,000 0 0
    1 LONG TIMBERS LANE
    HOUSTON,TX77024
    WELLS FARGO BANK NA TRUSTEE
    5.00     		27,050 0 0
    PO BOX 41629
    AUSTIN,TX787040028
    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 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.............bullet0
    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...........................bullet0
    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
    2,178,939
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    3
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,178,942
    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
    0
    3
    Subtract line 2 from line 1d..........................
    3
    2,178,942
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    32,684
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,146,258
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    107,313
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    107,313
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    307
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    307
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    107,006
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    107,006
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    107,006
    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
    99,325
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    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
    99,325
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    99,325
    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 7 107,006
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 75,265
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008.......  
    e From 2009.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 99,325
    a Applied to 2009, but not more than line 2a 75,265
    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..... 24,060
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2010. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		0
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		82,946
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		0
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		0
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008....  
    d Excess from 2009....  
    e Excess from 2010....  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2010 (b) 2009 (c) 2008 (d) 2007
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    KOMEN FOUNDATION
    2425 FOUNTAINVIEW SUITE 210
    HOUSTON,TX77057     		N/A   CHARITABLE CONTRIBUTION 5,000
    RETINA RESEARCH FOUNDATION
    6560 FANNIN SUITE 2200
    HOUSTON,TX77030     		N/A   MEDICAL RESEARCH 21,800
    THE BROOKWOOD COMMUNITY
    1752 FM 1489
    BROOKSHIRE,TX77423     		N/A   CHARITABLE CONTRIBUTION 50,000
    Total .................................bullet 3a 76,800
    bApproved for future payment
    Total ..................................bullet 3b 0
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments          
    4 Dividends and interest from securities....     14 40,659  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 -18,652  
    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 22,007 0
    13Total. Add line 12, columns (b), (d), and (e)...................
    1322,007
    (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.)
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash....................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements............................
    1b(4)
     
    No
    (5) Loans or loan guarantees..............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2010 AccountingFeesSchedule
    Name:
    MANNING FOUNDATION ACCOUNT NUMBER 70877600
    EIN: 76-6105634
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 1,650 1,650   0

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    MANNING FOUNDATION ACCOUNT NUMBER 70877600
    EIN: 76-6105634
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GOLDMAN SACHS GROUP - 35000 35,000 27,983
    MLN CREDIT SUISSE - 25000 0 0
    MORGAN STANLEY ZERO CPN - 35000 35,000 32,104

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    MANNING FOUNDATION ACCOUNT NUMBER 70877600
    EIN: 76-6105634
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS - 263 SH 0 0
    ACTIVISION BLIZZARD INC - 1127 SH 0 0
    AFLAC INC - 355 SH 15,458 20,441
    ALBERTO-CULVER CO - 360 SH 0 0
    AMAZON.COM INC - 165 SH 14,147 27,991
    APACHE CORP - 204 SH 23,276 24,349
    APPLE INC - 112 SH 19,598 38,004
    BB&T CORP - 583 SH 0 0
    BEST BUY INC - 219 SH 0 0
    CARNIVAL CORP - 329 SH 11,410 14,710
    CB RICHARD ELLIS REALTY TR - 10869.565 SH 98,653 108,696
    CEF ISHARES S&P SMALLCAP 600 GR - 2226 SH 127,143 161,875
    CELGENE CORP - 185 SH 12,366 9,533
    CITRIX SYSTEMS INC - 233 SH 0 0
    COOPER INDUSTRIES PLC - 250 SH 11,031 15,315
    CVS/CAREMARK CORP - 389 SH 14,942 13,304
    DIAGEO PLC - 168 SH 11,801 12,902
    EXXON MOBIL - 325 SH 9,164 26,221
    GENZYME CORP - 286 SH 0 0
    GOOGLE INC - 44 SH 23,171 26,416
    HEWLETT PACKARD CO - 738 SH 0 0
    HOME DEPOT INC - 466 SH 0 0
    IBM CORP - 151 SH 0 0
    INTEL CORP - 360 SH 5,181 7,726
    INTERCONTINENTAL EXCHANGE - 128 SH 15,564 15,423
    ISHARES GOLD TRUST - 4700 SH 40,336 61,147
    ISHARES INC MSCI PACIFIC EX-JAPAN - 2745 SH 70,756 127,148
    ISHARES MSCI EAFE - 1462 SH 57,914 86,901
    ISHARES MSCI EAFE GROWTH - 629 SH 36,532 38,451
    ISHARES S&P LATIN AMERICA 40 - 674 SH 25,414 34,623
    ISHARES TR MSCI EMERGING MARKETS INDEX FUND - 1215 SH 38,780 55,659
    ISHARES TR S&P MIDCAP 400 INDEX FD - 1972 SH 103,668 182,075
    ISHARES TR SMALLCAP 600 INDEX - 1523 SH 69,913 104,402
    JACOBS ENGINEERING GROUP - 414 SH 0 0
    JPMORGAN CHASE CO - 384 SH 15,914 17,257
    MCDONALDS CORP - 217 SH 11,882 15,986
    MEDCO HEALTH SOLUTIONS - 260 SH 12,656 15,865
    MICROSOFT - 375 SH 0 0
    MONSANTO CO - 160 SH 0 0
    MORGAN STANLEY - 578 SH 0 0
    NIKE INC - 240 SH 10,937 19,795
    NUVASIVE INC - 251 SH 0 0
    PEABODY ENERGY CORP - 178 SH 4,178 11,289
    PETROLEO BRASILEIRO SA - 306 SH 0 0
    POTASH CORP - 78 SH 0 0
    POWERSHARES DB COMMODITY INDEX - 541 SH 11,374 15,435
    PRAXAIR INC - 122 SH 10,981 11,351
    PRECISION CASTPARTS CORP - 134 SH 15,833 19,161
    PROCTER & GAMBLE CO - 297 SH 0 0
    QUALCOMM INC - 370 SH 0 0
    SCHLUMBERGER - 265 SH 12,983 23,582
    STERICYCLE INC - 119 SH 5,933 9,340
    TARGET CORP - 170 SH 5,844 9,321
    TEVA PHARMACEUTICAL - 316 SH 14,022 17,269
    THERMO FISHER SCIENTIFIC - 283 SH 16,232 16,207
    TRANSOCEAN LTD - 97 SH 0 0
    UNION PACIFIC CORP - 278 SH 20,337 26,307
    US BANCORP - 647 SH 0 0
    VANGUARD EMERGING MKT ETF - 1046 SH 23,839 48,629
    VISA INC - 315 SH 0 0
    WAL MART STORES INC - 228 SH 12,082 12,784
    WELLS FARGO ADVANTAGE MONEY MKT 62,862 62,862
    XTO ENERGY INC - 564 SH 0 0
    ARTIO GLOBAL HIGH INCOME I #1525 - 3910.068 SH 40,000 40,665
    ISHARES BARCLAYS TIPS BOND FUND - 421 SH 45,342 45,274
    LAUDUS MONDRIAN INTL FIXED INC FD #2940 - 3879.056 SH 45,191 45,812
    PIMCO EMERGING LOCAL BOND FD I #332 - 4410.355 SH 46,000 45,691
    PUTNAM FLOATING RATE INC FD #1857 - 3468.208 SH 30,000 31,006
    RIDGEWORTH SEIX HIGH YIELD BOND FD I #5855 - 4223.865 SH 40,000 42,281
    URBAN OUTFITTERS - 326 SH 11,057 11,025
    COMPLETE PRODUCTION SERVICES INC - 403 SH 11,433 11,260
    CONCHO RESOURCES INC - 82 SH 7,150 7,893
    FMC TECHNOLOGIES INC - 2110SH 14,919 19,834
    AFFILIATED MANAGERS GROUP INC - 130 SH 11,384 13,238
    GOLDMAN SACHS GROUP INC - 103 SH 16,585 16,853
    EDWARDS LIFESCIENCES CORP - 182 SH 9,503 15,341
    HMS HOLDINGS CORP - 172 SH 9,953 11,066
    DANAHER CORP - 345 SH 13,360 15,890
    FASTENAL CO - 272 SH 11,326 15,792
    COGNIZANT TECH SOLUTIONS - 131 SH 9,469 9,556
    CREE INC - 143 SH 9,998 7,220
    NETAPP INC - 231 SH 9,312 12,643
    ORACLE CORP - 583 SH 16,433 18,673
    ECOLAB INC - 217 SH 10,726 10,783
    ACCENTURE PLC - 314 SH 12,672 16,162
    MARVELL TECHNOLOGY GROUP - 710 SH 13,108 13,497
    NESTLE SA - 331 SH 17,141 17,947
    ISHARES S&P MIDCAP 400 GROWTH - 339 SH 29,011 34,571
    DIAMOND HILL LONG-SHORT FD I #11 - 2980.130 SH 45,745 49,530
    HUSSMAN STRATEGIC GROWTH FD #601 - 4683.871 SH 62,436 56,113
    MERGER FD SH BEN INT - 1972.212 SH 31,299 31,417

    TY 2010 InvestmentsOtherSchedule2
    Name:
    MANNING FOUNDATION ACCOUNT NUMBER 70877600
    EIN: 76-6105634
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BRAZORIA CO, TX ROYALTY INT AT COST 1 1
    COLORADO CO, TX ROYALTY INT AT COST 1 1
    WHARTON CO, TX ROYALTY INT AT COST 1 1

    TY 2010 OtherExpensesSchedule
    Name:
    MANNING FOUNDATION ACCOUNT NUMBER 70877600
    EIN: 76-6105634
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT EXPENSES 256 256   0


    TY 2010 OtherLiabilitiesSchedule
    Name:
    MANNING FOUNDATION ACCOUNT NUMBER 70877600
    EIN: 76-6105634
    Description Beginning of Year - Book Value End of Year - Book Value
    UNSETTLED TRADES 10,455 948


    TY 2010 TaxesSchedule
    Name:
    MANNING FOUNDATION ACCOUNT NUMBER 70877600
    EIN: 76-6105634
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX ON DIVIDENDS 864 864   0