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 01-01-2010 , and ending 12-31-2010
G
Check all that apply:
Name of foundation
SMITH CHARITABLE FOUNDATION V19066006 2652124320
 

Number and street (or P.O. box number if mail is not delivered to street address)C/O JPMORGAN CHASE BANKNAPOBOX 3038   Room/suite
City or town, state, and ZIP code
MILWAUKEE, WI53201
A Employer identification number

36-6078557
B Telephone number (see page 10 of the instructions)

(414) 977-1210
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$3,565,307J 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 289 289  
4 Dividends and interest from securities...... 83,429 83,543  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 99,108
b Gross sales price for all assets on line 6a 2,753,837
7 Capital gain net income (from Part IV, line 2)... 99,088
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........ 182,826 182,920  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 9,944 7,458   2,486
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 825 0   825
c Other professional fees (attach schedule).... Click to see attachment 28,092 28,092   0
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 1,973 537   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 15 194   15
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 40,849 36,281   3,326
25 Contributions, gifts, grants paid........ 124,456 124,456
26 Total expenses and disbursements. Add lines 24 and 25 165,305 36,281   127,782
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 17,521
b Net investment income (if negative, enter -0-) 146,639
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.......... 334,022 43,604 43,604
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)........ 2,288,612 Click to see attachment2,437,451 2,944,527
c Investments—corporate bonds (attach schedule)........ 217,042 Click to see attachment537,024 577,176
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 76,124    
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) 2,915,800 3,018,079 3,565,307
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 2,915,800 3,018,079
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see page 17 of the
instructions).................... 2,915,800 3,018,079
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,915,800 3,018,079
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 2,915,800
2 Enter amount from Part I, line 27a...................... 2 17,521
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 85,021
4 Add lines 1, 2, and 3.......................... 4 3,018,342
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 263
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 3,018,079
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 PUBLICLY TRADED SECURITIES      
b LOSS FROM ENTERPRISE PRODUCTS PARTNERS LP      
c LOSS FROM KINDER MORGAN ENERGY PARTNERS LP      
d CAPITAL GAINS DIVIDENDS P    
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 2,751,961   2,654,729 97,232
b       -13
c       -7
d 1,876     1,876
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       97,232
b       -13
c       -7
d       1,876
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 99,088
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 181,520 2,942,922 0.061680
2008 195,993 3,496,304 0.056057
2007 159,796 4,166,898 0.038349
2006 177,514 3,840,833 0.046218
2005 161,618 3,650,819 0.044269
2 Total of line 1, column (d) ...................... 2 0.246573
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 0.049315
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 3,287,964
5 Multiply line 4 by line 3....................... 5 162,146
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,466
7 Add lines 5 and 6......................... 7 163,612
8 Enter qualifying distributions from Part XII, line 4.............. 8 127,782
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 2,933
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 2,933
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 2,933
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 640
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 5,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 5,640
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 2,707
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet2,707 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)bulletIL
    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 ofbulletJPMORGAN CHASE BANK NA Telephone no.bullet (214) 965-2886
    Located atbullet2200 ROSS AVE FL 5DALLASTX ZIP+4bullet75201
    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
     
     
    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
    DANA VINCENT TRUSTEE
    2.00     		0 0 0
    8629 FISHER RD
    HANOVER,IL61041
    S KINNEY SMITH JR TRUSTEE
    2.00     		0 0 0
    3 CAMERON
    GROSSE POINTE,MI48230
    TYLER B SMITH TRUSTEE
    2.00     		0 0 0
    6701 N MAIN ST
    ROCKFORD,IL61103
    JPMORGAN CHASE BANK NA TRUSTEE
    2.00     		9,944 0 0
    PO BOX 3038
    MILWAUKEE,WI53201
    SCOTT C SULLIVAN TRUSTEE
    2.00     		0 0 0
    C/O WILLIAMS MCCARTHY PO BOX 219
    ROCKFORD,IL611050219
    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 N/A 0
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A 0
    2  
    All other program-related investments. See page 24 of the instructions.
    3 Click to see attachment 0
    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
    3,109,741
    b
    Average of monthly cash balances.......................
    1b
    228,294
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,338,035
    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
    3,338,035
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    50,071
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,287,964
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    164,398
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    164,398
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    2,933
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,933
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    161,465
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    161,465
    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
    161,465
    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
    127,782
    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
    127,782
    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
    127,782
    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 7 161,465
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008....... 22,738
    e From 2009....... 35,606
    fTotal of lines 3a through e......... 58,344
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 127,782
    a Applied to 2009, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		 0
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		0
    d Applied to 2010 distributable amount..... 127,782
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2010. 33,683 33,683
    (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 24,661
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		0
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		0
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		0
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		24,661
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008....  
    d Excess from 2009.... 24,661
    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
    BOYS & GIRLS CLUB
    PO BOX 1716
    ROCKFORD,IL61110     		NONE PUBLIC CHARITY PROGRAM SUPPORT 10,000
    COMMUNITY FOUNDATION OF NORTHERN ILLINOIS
    946 N 2ND ST
    ROCKFORD,IL61107     		NONE PUBLIC CHARITY PROGRAM SUPPORT 10,000
    GIRL & BOY SCOUTS
    2101 AUBURN ST
    ROCKFORD,IL61103     		NONE PUBLIC CHARITY PROGRAM SUPPORT 10,000
    ILLINOIS GROWTH ENTERPRISES
    6151 MONTAGUE ROAD
    ROCKFORD,IL61102     		NONE PUBLIC CHARITY PROGRAM SUPPORT 5,000
    JANET WATTLES MENTAL HEALTH CENTER - MILDRED BERRY CENTER
    526 WEST STATE STREET
    ROCKFORD,IL61101     		NONE PUBLIC CHARITY PROGRAM SUPPORT 5,000
    NATURAL LAND INSTITUTE
    320 S THIRD STREET
    ROCKFORD,IL61104     		NONE PUBLIC CHARITY PROGRAM SUPPORT 10,650
    RAMP
    202 MARKET STREET
    ROCKFORD,IL61107     		NONE PUBLIC CHARITY PROGRAM SUPPORT 10,000
    ROCK RIVER DEVELOPMENT PARTNERSHIP
    303 MAIN STREET 8TH FLOOR
    ROCKFORD,IL61101     		NONE PUBLIC CHARITY PROGRAM SUPPORT 10,000
    ROCKFORD DANCE COMPANY
    RIVERFRONT MUSEUM PARK
    ROCKFORD,IL61103     		NONE PUBLIC CHARITY PROGRAM SUPPORT 2,500
    ROCKFORD SYMPHONY ORCHESTRA
    711 N MAIN ST
    ROCKFORD,IL61103     		NONE PUBLIC CHARITY PROGRAM SUPPORT 2,500
    SEVERSON DELLS NATURE CENTER
    8786 MONTAGUE RD
    ROCKFORD,IL61102     		NONE PUBLIC CHARITY PROGRAM SUPPORT 2,000
    SHELTER CARE MINISTRIES DROP-IN CENTER
    412 N CHURCH ST
    ROCKFORD,IL61103     		NONE PUBLIC CHARITY PROGRAM SUPPORT 5,000
    UNITED WAY OF ROCK RIVER VALLEY
    612 N MAIN ST RM 300
    ROCKFORD,IL61103     		NONE PUBLIC CHARITY PROGRAM SUPPORT 28,000
    UNIVERSITY OF ILLINOIS COLLEGE OF MEDICINE
    1 ILLINI DRIVE
    PEORIA,IL61605     		NONE PUBLIC CHARITY PROGRAM SUPPORT 13,806
    Total .................................bullet 3a 124,456
    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     14 289  
    4 Dividends and interest from securities....     14 83,429  
    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 99,108  
    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).. 0 182,826 0
    13Total. Add line 12, columns (b), (d), and (e)...................
    13182,826
    (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:
    SMITH CHARITABLE FOUNDATION V19066006 2652124320
    EIN: 36-6078557
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEES 825 0   825

    TY 2010 AllOthProgRltdInvestmentsSch
    Name:
    SMITH CHARITABLE FOUNDATION V19066006 2652124320
    EIN: 36-6078557
    Category Amount
    N/A 0

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    SMITH CHARITABLE FOUNDATION V19066006 2652124320
    EIN: 36-6078557
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GOLDMAN SACHS TRUST HIGH YIELD FUND INSTITUTIONAL SHS - 3744.526 SHS 25,650 27,335
    VANGUARD FIXED INCOME SECS F INTR TRM CP PT (FUND 71) - 3013.776 SHS 25,715 29,897
    ISHARES BARCLAYS TIPS BOND FUND - 140 SHS 14,617 15,053
    JPM HIGH YIELD FD - SEL FUND 3580 5.95% - 3346.876 SHS 25,742 27,277
    JPM SHORT DURATION BOND FD - SEL FUND 3133 1.12% - 2060.164 SHS 22,600 22,600
    DREYFUS/LAUREL FDS TR PRM EMRGN MK I - 472.891 SHS 6,701 6,838
    JPM STR INC OPP FD FUND 3844 2.00% - 1930.217 SHS 19,265 22,834
    JPM INTL CURRENCY INCOME FD INCOME FUND 1.74% - 1254.222 SHS 13,483 14,110
    FNMA 5 1/8% APR 15 2011 DTD 4/21/2006 - 40000 SHS 41,325 40,565
    FIRST EAGLE SOGEN FDS INC OVERSEAS FD CL A - 1508.621 28,000 34,185
    MATTHEWS INTL FDS ASIAN GRTH & INC FD - 3685.388 SHS 54,426 66,484
    RYDEX/SGI FUNDS MGD FUTURES STRATEGY CL H - 2227.966 SHS 56,000 57,437
    TCW FUNDS EMERG MKTS INC FD CL N - 8588.268 SHS 93,000 95,244
    TEMPLETON FDS FRONTIER MARKEST FUND CL A - 3220.451 SHS 49,500 52,976
    TURNER FDS SPECTRUM FUND INVESTOR - 5629.143 SHS 61,000 64,341

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    SMITH CHARITABLE FOUNDATION V19066006 2652124320
    EIN: 36-6078557
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES - 85 SHS 4,011 4,072
    ALEXION PHARMACEUTICALS INC - 15 SHS 842 1,208
    AMAZON COM INC - 20 SHS 2,112 3,600
    AMERICAN EXPRESS CO - 20 SHS 846 858
    APACHE CORP - 40 SHS 3,235 4,769
    APPLE INC. - 26 SHS 4,078 8,387
    BB & T CORP - 40 SHS 791 1,052
    BAKER HUGHES INC - 39 SHS 2,012 2,230
    CVS CAREMARK CORPORATION - 80 SHS 2,223 2,782
    CAMPBELL SOUP COMPANY - 45 SHS 1,634 1,564
    CARDINAL HEALTH INC - 60 SHS 2,004 2,299
    CELGENE CORPORATION - 40 SHS 1,922 2,366
    CISCO SYSTEMS INC - 275 SHS 3,727 5,563
    CITRIX SYSTEMS INC - 14 SHS 962 958
    COLGATE PALMOLIVE CO - 25 SHS 1,970 2,009
    WALT DISNEY CO - 85 SHS 1,510 3,188
    DOW CHEMICAL CO - 75 SHS 2,182 2,561
    E I DU PONT DE NEMOURS & CO - 115 SHS 4,258 5,736
    E M C CORP MASS - 75 SHS 1,537 1,718
    FREEPORT-MCMORAN COPPER & GOLD INC CL B - 45 SHS 2,412 5,404
    GENERAL ELECTRIC CO - 95 SHS 1,454 1,738
    GENERAL MILLS INC - 40 SHS 1,378 1,424
    HEWLETT-PACKARD CO - 35 SHS 1,029 1,474
    INTERNATIONAL BUSINESS MACHINES CORP - 24 SHS 2,816 3,522
    JOHNSON CONTROLS INC - 125 SHS 2,449 4,775
    KELLOGG CO - 15 SHS 732 766
    LENNAR CORP - 30 SHS 465 563
    LOWES COMPANIES INC - 60 SHS 1,379 1,505
    MICROSOFT CORP - 310 SHS 5,631 8,652
    MORGAN STANLEY - 65 SHS 1,425 1,769
    NATIONAL-OILWELL VARCO INC - 15 SHS 942 1,009
    NIKE INC B - 20 SHS 982 1,708
    NORFOLK SOUTHERN CORP - 95 SHS 2,794 5,968
    NOVELLUS SYSTEMS INC - 55 SHS 1,401 1,778
    OCCIDENTAL PETROLEUM CORP - 53 SHS 4,284 5,199
    ORACLE CORP - 130 SHS 3,000 4,069
    PACCAR INC - 67 SHS 2,260 3,842
    PARKER-HANNIFIN CORP - 8 SHS 398 690
    PEPSICO INC - 35 SHS 1,471 2,287
    PFIZER INC - 305 SHS 8,074 5,341
    PROCTER & GAMBLE CO - 85 SHS 4,181 5,468
    PUBLIC SERVICE ENTERPRISE GROUP - 30 SHS 0 0
    QUALCOMM INC - 90 SHS 3,282 4,454
    T ROWE PRICE INTERNATIONAL FUNDS INC NEW ASIA FUND - 1450.565 SHS 22,838 27,822
    SANDISK CORP - 20 SHS 874 997
    SOUTHERN CO - 55 SHS 1,670 2,103
    SPRINT NEXTEL CORP - 310 SHS 1,323 1,311
    STAPLES INC - 110 SHS 1,937 2,505
    STATE STREET CORP - 20 SHS 795 927
    SYSCO CORP - 35 SHS 1,016 1,029
    UNITED TECHNOLOGIES CORP - 60 SHS 2,644 4,723
    XILINX CORP - 50 SHS 1,415 1,449
    COGNIZANT TECHNOLOGY SOLUTIONS CORP CL A - 30 SHS 1,491 2,199
    SEMPRA ENERGY - 0 SHS 997 997
    CITIGROUP INC - 820 SHS 3,519 3,879
    WELLS FARGO & CO - 145 SHS 3,653 4,494
    BANK OF AMERICA CORP - 278 SHS 10,578 3,709
    GOLDMAN SACHS GROUP INC - 20 SHS 1,418 3,363
    DEVON ENERGY CORP - 25 SHS 1,661 1,963
    EOG RESOURCES INC - 36 SHS 3,420 3,291
    HONEYWELL INTERNATIONAL INC - 60 SHS 2,572 3,190
    UNITEDHEALTH GROUP INC - 31 SHS 1,174 1,119
    VERIZON COMMUNICATIONS INC - 115 SHS 3,713 4,115
    COACH INC - 35 SHS 1,425 1,936
    ISHARES COHEN & STEERS REALTY MAJORS INDEX FUND - 245 SHS 17,714 16,101
    US BANCORP DEL - 70 SHS 1,066 1,888
    DODGE & COX INTERNATIONAL STOCK - 488.241 SHS 14,325 17,435
    ISHARES RUSSELL MIDCAP INDEX FUND - 230 SHS 10,806 23,403
    ADVANCED AUTO PARTS INC - 25 SHS 1,030 1,654
    3M CO - 17 SHS 1,468 1,467
    YUM BRANDS INC - 70 SHS 2,264 3,434
    ARTISAN INTL VALUE FUND - INV - 645.852 SHS 14,325 17,509
    COMCAST CORP CL A - 60 SHS 1,019 1,318
    CARNIVAL CORPORATION - 40 SHS 1,493 1,844
    GOOGLE INC CL A - 4 SHS 1,275 2,376
    WELLPOINT INC - 10 SHS 553 569
    JPM MARKET EXPANSION INDEX FD - SEL FUND 3708 - 844.773 SHS 8,000 9,090
    JPM ASIA 3 FD - SEL FUND 1134 - 581.827 SHS 18,784 22,040
    VANGUARD MSCI EMERGING MARKETS ETF - 605 SHS 28,326 29,128
    AT&T INC - 55 SHS 1,423 1,616
    STARWOOD HOTELS & RESORTS - 20 SHS 430 1,216
    POWERSHARES DB COMMODITY INDEX TRACKING FUND - 545 SHS 14,263 15,015
    CME GROUP INC CLASS A COMMON STOCK - 6 SHS 1,728 1,931
    EATON VANCE MUT FDS TR GLOBAL MACRO - I - 1382.663 SHS 14,360 14,200
    INVESCO LTD - 45 SHS 870 1,083
    PHILIP MORRIS INTERNATIONAL - 30 SHS 1,090 1,756
    ACE LTD NEW - 20 SHS 900 1,245
    EAGLE SER MID CAP STK I - 540.091 SHS 13,000 15,144
    ARTIO INTERNATIONAL 3 II - I - 808.959 SHS 8,518 10,080
    TYCO INTERNATIONAL LTD - 40 SHS 1,490 1,658
    TIME WARNER INC NEW - 178 SHS 3,814 5,726
    COVIDIEN PLC - 30 SHS 1,092 1,370
    THREADNEEDLE ASIA PACIFIC FUND - R5 - 1547.896 SHS 17,635 21,903
    MERCK AND CO INC - 125 SHS 4,233 4,505
    JPM RESEARCH MARKET NEUTRAL FD - SEL FUND - SEL - 683.864 SHS 10,723 10,559
    HIGHBRIDGE DYNAMIC COMM STRG FD -SEL STRATEGY FUND - SE - 522.476 SHS 7,342 10,120
    NEXTERA ENERGY INC - 30 SHS 1,500 1,560
    JUNIPER NETWORKS INC - 80 SHS 1,800 2,954
    EXXON MOBIL CORP - 115 SHS 6,823 8,409
    METLIFE INC - 50 SHS 1,918 2,222
    MARVELL TECHNOLOGY GROUP LTD - 65 SHS 1,346 1,206
    PRUDENTIAL FINANCIAL INC - 40 SHS 1,849 2,348
    CONOCOPHILLIPS - 55 SHS 2,726 3,746
    BIOGEN IDEC INC - 15 SHS 898 1,006
    BAIDU INC SPONS ADR - 15 SHS 1,383 1,448
    TD AMERITRADE HOLDING CORPORATION - 70 SHS 1,095 1,329
    MASTERCARD INC - CLASS A - 7 SHS 1,266 1,569
    GENERAL MOTORS CO - 55 SHS 1,905 2,027
    AFP PROVIDA SA - 156 SHS 7,402 12,435
    ABERDEEN ASIA-PAC PRIME INC - 9045 SHS 56,859 61,054
    AGIC CONV & INCOME FUND - 917 SHS 5,961 9,390
    ALLIANCE RESOURCE PARTNERS - 620 SHS 37,970 40,771
    ALLIANCEBERSTEIN INCOME FUND - 3763 SHS 28,638 29,841
    ALPINE GLOBAL PREMIER PROPERTY - 5279 SHS 36,199 37,428
    AMERICAN TOWER CORP CLASS A - 1004 SHS 51,384 51,847
    APACHE CORP - 215 SHS 15,663 25,634
    APPLE INC. - 117 SHS 27,419 37,740
    BANCO SANTANDER BRASIL - 1400 SHS 18,882 19,040
    BHP BILLITON LIMITED - 250 SHS 16,280 23,230
    BROADCOM CORP CLASS A - 650 SHS 17,975 28,308
    CANADIAN NATURAL RESOURCES LTD - 500 SHS 18,570 22,210
    CENTURYLINK INC - 589 SHS 19,671 27,194
    CHESAPEAKE ENERGY CORP - 279 SHS 22,673 24,538
    CHINA MASS MEDIT INT'L ADVERTI - 2760 SHS 7,747 8,915
    CHIPOTLE MEXICAN GRILL - 182 SHS 23,157 38,704
    COACH INC - 500 SHS 11,029 27,655
    COHEN & STEERS QUAL INC REALTY - 9353 SHS 73,808 80,903
    COMPANHIA DE BEBIDAS - 1365 SHS 32,739 42,356
    CRESUD SACIP YA - 1450 SHS 19,579 27,521
    DEERE & CO - 989 SHS 53,614 82,136
    DEUTSCHE BANK AG POWERSHARES GOLD DOUBLE LONG ETN - 1400 SHS 23,153 60,102
    EMC CORP - 1385 SHS 20,117 31,717
    ENTERPRISE PRODUCTS PARTNERS LP - 1250 SHS 32,473 52,013
    ESTEE LAUDER COMPANIES CLASS A - 305 SHS 13,676 24,614
    EXPRESS SCRIPTS INC - 450 SHS 13,112 24,323
    FIRST TRUST SENIOR FLOATING RT INC FUND II - 3068.919 SHS 53,765 42,873
    FRONTIER COMMUNICATIONS CORP - 205 SHS 1,554 1,995
    GLOBAL X CHINA CONSUMER EFT - 2568 SHS 47,056 46,455
    GOOGLE INC CL A - 40 SHS 17,200 23,759
    HALLIBURTON CO - 730 SHS 17,721 29,806
    HDFC BANK LTD - 128 SHS 20,226 21,390
    ING CLARION GLOBAL REIT FD - 1720 SHS 12,190 13,330
    INTEL CORP - 1365 SHS 25,750 28,706
    INTERNATIONAL BUSINESS MACHINES CORP - 175 SHS 17,431 25,683
    ISHARES BARCLAYS 7-10 YEAR TREASURY BOND FD - 697 SHS 65,686 65,393
    ISHARES IBOXX HI YIELD CAP BOND - 280 SHS 20,152 25,281
    ISHARES MSCI BRAZIL IND FD - 203 SHS 9,029 15,712
    ISHARES MSCI HONG KONG - 1789 SHS 33,886 33,848
    JACOBS ENGINEERING GROUP INC - 400 SHS 18,050 18,340
    KINDER MORGAN ENERGY PARTNERS LP - 400 SHS 24,096 28,104
    KOHLS CORP - 490 SHS 25,979 26,627
    MARKET VECTORS GOLD MINERS ETF - 376 SHS 16,066 23,113
    MERCADOLIBRE INC - 199 SHS 11,751 13,262
    MICROSOFT CORP - 800 SHS 18,459 22,328
    MORGAN STANLEY FRONTIER EMERGING MARKET FUND - 575 SHS 6,714 8,401
    NETAPP INC - 791 SHS 43,673 43,473
    NEUBERGER BERMAN HIGH YIELD STRATEGIES FUND - 1252 SHS 14,440 16,902
    NIKE INC B - 300 SHS 13,176 25,626
    NOAH HOLDINGS LTD - 1154 SHS 19,638 22,561
    OCCIDENTAL PETROLEUM CORP - 225 SHS 17,865 22,073
    PEOPLE'S UNITED FINANCIAL - 3896 SHS 52,723 54,583
    PEPSICO INC - 495 SHS 29,406 32,338
    PETROCHINA CO LTD - 200 SHS 22,421 26,298
    POWERSHARES WILDERHILL CLEAN ENERGY PORT - 763 SHS 17,539 7,928
    POWERSHARES GLOBAL ARGI PTF - 1910 SHS 44,682 61,177
    PUTNAM PREMIER INCOME TR - 3119 SHS 20,271 19,587
    RANDGOLD RESOURCES LTD - 330 SHS 31,913 27,169
    RIGHTNOW TECHNOLOGIES INC - 1850 SHS 43,899 43,790
    RIO TINTO PLC - 496 SHS 32,356 35,543
    ROCKWELL AUTOMATION INC - 285 SHS 10,654 20,437
    SPDR HIGH YIELD - 2290 SHS 79,251 90,936
    SPDR GOLD TR GOLD SHS - 785 SHS 96,460 108,895
    TEMPLETON EMERGING MKTS - 537 SHS 7,978 8,801
    TEMPLETON GLOBAL INCOME FD - 2000 SHS 13,686 21,400
    TESCO CORP - 2658 SHS 40,938 42,209
    THERMO FISHER SCIENTIFIC - 380 SHS 18,450 21,037
    TJX COMPANIES INC - 450 SHS 19,355 19,976
    TRINA SOLAR LTD - 510 SHS 17,502 11,944
    UBS AG 2X MONTHLY LEVERAGED MLP ETN - 1431 SHS 41,868 49,226
    UNION PAC CORP - 240 SHS 9,462 22,238
    VERIZON COMMUNICATIONS INC - 1331 SHS 38,475 47,623
    WAL-MART STORES - 300 SHS 16,466 16,179
    WALT DISNEY CO - 650 SHS 16,925 24,382
    WELLS FARGO ADV INCOME OPP FUND - 1143 SHS 5,550 11,007
    YUM BRANDS INC - 357 SHS 15,822 17,511

    TY 2010 OtherDecreasesSchedule
    Name:
    SMITH CHARITABLE FOUNDATION V19066006 2652124320
    EIN: 36-6078557
    Description Amount
    ROUNDING DIFFERENCE 263


    TY 2010 OtherExpensesSchedule
    Name:
    SMITH CHARITABLE FOUNDATION V19066006 2652124320
    EIN: 36-6078557
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    IL ATTORNEY GENERAL FILING FEE 15 0   15
    EXPENSE FROM ENTERPRISE PRODUCTS PARTNERS LP 0 4   0
    EXPENSE FROM KINDER MORGAN ENERGY PARTNERS LP 0 190   0


    TY 2010 OtherIncreasesSchedule
    Name:
    SMITH CHARITABLE FOUNDATION V19066006 2652124320
    EIN: 36-6078557
    Description Amount
    RETURN OF CAPITAL ADJUSTMENT 6,547
    COST BASIS ADJUSTMENT 78,474


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    SMITH CHARITABLE FOUNDATION V19066006 2652124320
    EIN: 36-6078557
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STONEBROOK CAPITAL MANAGEMENT FEES 28,092 28,092   0


    TY 2010 TaxesSchedule
    Name:
    SMITH CHARITABLE FOUNDATION V19066006 2652124320
    EIN: 36-6078557
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX PAID WITH EXTENSION - PRIOR YEAR 1,436 0   0
    FOREIGN TAX WITHHELD 537 537   0