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
RENEAU ALLINE UW
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2907 - TRUST TAX DEPT   Room/suite
City or town, state, and ZIP code
WILSON, NC278942907
A Employer identification number

61-6256213
B Telephone number (see page 10 of the instructions)

(270) 782-4471
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$894,714
J 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...... 20,246 20,246  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 71,205
b Gross sales price for all assets on line 6a 791,679
7 Capital gain net income (from Part IV, line 2)... 71,205
8 Net short-term capital gain......... 0
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)....... 24 24  
12 Total. Add lines 1 through 11........ 91,475 91,475  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 12,919 12,919    
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see page 14 of the instructions) 829     0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... 3 3    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 13,751 12,922 0 0
25 Contributions, gifts, grants paid........ 47,449 47,449
26 Total expenses and disbursements. Add lines 24 and 25 61,200 12,922 0 47,449
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 30,275
b Net investment income (if negative, enter -0-) 78,553
c Adjusted net income (if negative, enter -0-)... 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...............   19 19
2 Savings and temporary cash investments.......... 26,575 13,474 13,474
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)........ 763,697 808,093 880,676
c Investments—corporate bonds (attach schedule)........ 698 467 545
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 0   0
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) 790,970 822,053 894,714
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
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......... 790,970 822,053
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 790,970 822,053
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 790,970 822,053
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)............... 1 790,970
2 Enter amount from Part I, line 27a...................... 2 30,275
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 808
4 Add lines 1, 2, and 3.......................... 4 822,053
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.. 6 822,053
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 50. ABB LTD SPONSORED ADR   2008-10-10 2010-03-25
b 60. ABB LTD SPONSORED ADR   2008-10-10 2010-09-27
c 40. AT&T INC   2008-10-10 2010-03-25
d 50. AT&T INC   2008-10-10 2010-09-27
e 742.459 INVESCO INTERNATIONAL GROWTH FUND CL I F   2009-07-08 2010-06-23
624.864 INVESCO INTERNATIONAL GROWTH FUND CL I F   2009-07-08 2010-09-27
146.508 ALLIANZ AGIC OPPORTUNITY FD FUND # 4624   2008-10-14 2010-03-25
15. AMGEN INCORPORATED   2008-10-10 2010-01-20
40. AMGEN INCORPORATED   2008-10-10 2010-03-25
15. ANADARKO PETE CORP.   2006-06-20 2010-03-25
60. ANADARKO PETE CORP.     2010-06-23
35. APACHE CORPORATION COMMON   2008-10-10 2010-03-25
20. APACHE CORPORATION COMMON   2010-09-27 2010-12-22
70. APPLIED MATERIALS   2008-08-06 2010-01-20
85. APPLIED MATERIALS   2008-08-06 2010-03-25
130. APPLIED MATERIALS   2008-10-10 2010-06-23
40. ARCHER DANIELS MIDLAND COMPANY   2008-10-10 2010-03-25
199.175 ARTISAN MID CAP VALUE #1464 CLD TO NEW I   2007-06-01 2010-09-27
25.214 ARTISAN MID CAP VALUE #1464 CLD TO NEW I   2010-03-30 2010-11-29
162.117 ARTISAN MID CAP VALUE #1464 CLD TO NEW I     2010-11-29
353.909 ARTISAN MID CAP VALUE #1464 CLD TO NEW I   2010-06-23 2010-12-22
501.444 ARTISAN MID CAP VALUE #1464 CLD TO NEW I   2007-06-01 2010-12-22
312.216 ARTISAN INTERNATIONAL SMALL CAP FUND # 1     2010-09-27
54.085 ARTISAN INTERNATIONAL SMALL CAP FUND # 1   2009-10-21 2010-11-29
60. AVERY DENNISON CORP. COMMON   2008-08-06 2010-03-25
60. AVERY DENNISON CORP. COMMON   2008-10-10 2010-09-27
40. AVERY DENNISON CORP. COMMON   2010-06-23 2010-11-29
30. AVERY DENNISON CORP. COMMON   2008-10-10 2010-11-29
494.859 BB&T INTER US GOVT CL I FUND #0341   2010-01-25 2010-03-25
123.354 BB&T INTER US GOVT CL I FUND #0341   2010-09-27 2010-11-29
84.617 BB&T INTER US GOVT CL I FUND #0341   2009-07-08 2010-11-29
413.222 BB&T MID CAP VALUE CL I FUND #0312     2010-03-25
44.524 BB&T TOTAL RETURN BOND CL I FUND #0342   2010-11-29 2010-12-22
491.482 BB&T STERLING CAPITAL SMALL CAP VALUE FD   2010-06-23 2010-09-27
122.046 BB&T STERLING CAPITAL SMALL CAP VALUE FD   2010-06-23 2010-11-29
277.056 BB&T STERLING CAPITAL SMALL CAP VALUE FD   2010-06-23 2010-12-22
325.973 BB&T EQUITY INCOME CL I FUND # 0322   2008-08-12 2010-03-25
89.546 BB&T SPECIAL OPPORTUNITIES CL I FUND # 0321     2010-03-25
30. BANK OF AMER CORP COMMON   2010-06-23 2010-12-22
70. BARRICK GOLD CORP. EFF. 1-18-95   2010-03-25 2010-09-27
30. BAXTER INTERNATIONAL INCORPORATED   2009-10-21 2010-09-27
20. BAXTER INTERNATIONAL INCORPORATED   2010-06-23 2010-11-29
35. BAXTER INTERNATIONAL INCORPORATED   2009-10-21 2010-11-29
25. BERKSHIRE HATHAWAY INC DEL CL B COMMON   2009-10-21 2010-03-25
25. BERKSHIRE HATHAWAY INC DEL CL B COMMON   2009-10-21 2010-06-23
30. BERKSHIRE HATHAWAY INC DEL CL B COMMON   2009-10-21 2010-11-29
25. CVS CORP COMMON   2008-08-06 2010-01-20
30. CVS CORP COMMON   2008-10-10 2010-03-25
50. CVS CORP COMMON   2008-10-10 2010-12-22
140. CAMPBELL SOUP COMPANY   2009-10-21 2010-06-23
15. CHEVRON TEXACO CORP COMMON   2008-10-10 2010-06-23
15. CHEVRON TEXACO CORP COMMON   2008-10-10 2010-09-27
15. CISCO SYSTEMS   2006-10-27 2010-03-25
20. CISCO SYSTEMS   2008-10-10 2010-09-27
20. CISCO SYSTEMS   2008-10-10 2010-11-29
130. COACH INC   2009-03-26 2010-06-23
10. COCA COLA COMPANY   2010-06-23 2010-11-29
97.345 COHEN & STEERS REALTY SHARES INSTITUTION     2010-09-27
44.883 COHEN & STEERS INTERNATIONAL REALTY FUND INC CL I FUND # 1396   2009-03-23 2010-11-29
65. COMCAST CORP NEW CL A   2007-09-17 2010-09-27
30. CONOCOPHILLIPS COM   2008-10-10 2010-09-27
20. CONOCOPHILLIPS COM   2008-10-10 2010-11-29
15. CONOCOPHILLIPS COM   2008-10-10 2010-12-22
110. CORNING INCORPORATED   2008-08-06 2010-01-20
50. CORNING INCORPORATED   2008-08-06 2010-06-23
915.59 CREDIT SUISSE COMMODITY RETURN STRATEGY     2010-09-27
2069.311 CREDIT SUISSE COMMODITY RETURN STRATEGY   2009-07-15 2010-09-27
205. DELL INC   2009-03-26 2010-06-23
30. DISNEY WALT COMPANY   2008-08-06 2010-01-20
60. DISNEY WALT COMPANY   2008-08-06 2010-03-25
30. DISNEY WALT COMPANY   2008-08-06 2010-09-27
263.509 DODGE & COX INCOME FUND   2009-12-14 2010-03-25
502.211 DODGE & COX INCOME FUND   2009-12-14 2010-06-23
1122.309 DODGE & COX INCOME FUND   2009-07-08 2010-09-27
72.004 DODGE & COX INCOME FUND   2009-10-21 2010-11-29
85. DU PONT E I DE NEMOURS & COMPANY     2010-03-25
107.181 EAGLE SMALL CAP GROWTH FUND INST CL FUND   2010-06-23 2010-09-27
120. EBAY INC   2010-03-25 2010-06-23
55. EDISON INTERNATIONAL   2008-10-10 2010-03-25
45. EDISON INTERNATIONAL   2009-03-26 2010-06-23
80. EMERSON ELECTRIC COMPANY   2008-10-10 2010-03-25
35. EXXON MOBIL CORPORATION   2009-10-21 2010-06-23
87.677 FEDERATED HIGH YIELD BOND INST CL FUND #   2009-07-08 2010-03-25
691.567 FEDERATED HIGH YIELD BOND INST CL FUND #   2009-07-08 2010-09-27
58.938 FEDERATED HIGH YIELD BOND INST CL FUND #   2009-10-21 2010-11-29
957.137 FEDERATED INTERMEDIATE FUND 303   2010-06-23 2010-09-27
778.067 FEDERATED MDT SMALL CAP GROWTH FUND CL   2008-08-12 2010-06-23
2347.677 FEDERATED MORTGAGE INSTITUTIONAL CLASS FUND #835   2010-03-25 2010-09-27
783.113 FEDERATED TOTAL RETURN GOV'T BOND FUND #647   2009-10-21 2010-03-25
749.681 FIDELITY ADV. DIVERS INTL-INS CLASS I   2002-10-31 2010-03-25
1281.826 FIDELITY ADVISOR STRATEGIC INC FD CLASS I     2010-09-27
168.372 FIDELITY ADVISOR STRATEGIC INC FD CLASS I   2010-03-25 2010-12-22
6.07 GOV NATL MTG ASSN #390409 8% 04/15/2024   2001-06-25 2010-01-15
183.96 GOV NATL MTG ASSN #390409 8% 04/15/2024   2001-06-25 2010-02-16
1.51 GOV NATL MTG ASSN #390409 8% 04/15/2024   2001-06-25 2010-03-15
1.52 GOV NATL MTG ASSN #390409 8% 04/15/2024   2001-06-25 2010-04-15
1.53 GOV NATL MTG ASSN #390409 8% 04/15/2024   2001-06-25 2010-05-17
1.54 GOV NATL MTG ASSN #390409 8% 04/15/2024   2001-06-25 2010-06-15
1.55 GOV NATL MTG ASSN #390409 8% 04/15/2024   2001-06-25 2010-07-15
1.57 GOV NATL MTG ASSN #390409 8% 04/15/2024   2001-06-25 2010-08-16
1.58 GOV NATL MTG ASSN #390409 8% 04/15/2024   2001-06-25 2010-09-15
1.65 GOV NATL MTG ASSN #390409 8% 04/15/2024   2001-06-25 2010-10-15
1.6 GOV NATL MTG ASSN #390409 8% 04/15/2024   2001-06-25 2010-11-15
1.61 GOV NATL MTG ASSN #390409 8% 04/15/2024   2001-06-25 2010-12-15
1.84 GNMA POOL 103712 MTGB 13% 10/15/2013   2001-06-25 2010-01-15
1.86 GNMA POOL 103712 MTGB 13% 10/15/2013   2001-06-25 2010-02-16
2. GNMA POOL 103712 MTGB 13% 10/15/2013   2001-06-25 2010-03-15
1.91 GNMA POOL 103712 MTGB 13% 10/15/2013   2001-06-25 2010-04-15
1.93 GNMA POOL 103712 MTGB 13% 10/15/2013   2001-06-25 2010-05-17
1.95 GNMA POOL 103712 MTGB 13% 10/15/2013   2001-06-25 2010-06-15
1.97 GNMA POOL 103712 MTGB 13% 10/15/2013   2001-06-25 2010-07-15
2. GNMA POOL 103712 MTGB 13% 10/15/2013   2001-06-25 2010-08-16
2.02 GNMA POOL 103712 MTGB 13% 10/15/2013   2001-06-25 2010-09-15
2.04 GNMA POOL 103712 MTGB 13% 10/15/2013   2001-06-25 2010-10-15
2.06 GNMA POOL 103712 MTGB 13% 10/15/2013   2001-06-25 2010-11-15
2.17 GNMA POOL 103712 MTGB 13% 10/15/2013   2001-06-25 2010-12-15
70. GENUINE PARTS COMPANY   2009-10-21 2010-06-23
132.335 GOLDMAN SACHS MID CAP VALUE CL I FUND #     2010-03-25
2. GOOGLE INC CL A   2008-11-25 2010-01-20
1. GOOGLE INC CL A   2008-11-25 2010-11-29
22.604 HARBOR INTERNATIONAL FUND   2009-10-21 2010-06-23
32.576 HARBOR INTERNATIONAL FUND   2007-06-01 2010-06-23
187.904 HARBOR INTERNATIONAL FUND     2010-12-22
20. HEWLETT PACKARD COMPANY   2009-10-21 2010-03-25
110. HOME DEPOT INCORPORATED   2008-10-10 2010-03-25
50. INTEL CORPORATION   2006-08-30 2010-01-20
50. INTEL CORPORATION   2006-08-30 2010-09-27
8. INTERNATIONAL BUSINESS MACHINES CORP   2010-06-23 2010-09-27
85. ISHARES S&P LATIN AMERICAN 40 INDEX FUND     2010-03-25
400. ISHARES MSCI EAFE SMALL CAP INDEX FUND   2009-07-08 2010-03-25
260. ISHARES BARCLAYS MBS BOND FUND   2008-08-05 2010-03-25
16. ISHARES BARCLAYS CREDIT BOND FUND   2008-02-15 2010-01-20
34. ISHARES BARCLAYS CREDIT BOND FUND   2009-07-08 2010-06-23
176. ISHARES BARCLAYS CREDIT BOND FUND     2010-06-23
80. ISHARES SILVER TRUST   2009-10-21 2010-01-20
250. ISHARES SILVER TRUST   2009-10-21 2010-03-25
20. JOHNSON & JOHNSON     2010-09-27
10. JOHNSON & JOHNSON   2007-05-31 2010-11-29
220. KROGER COMPANY COMMON     2010-09-27
97.428 LAZARD EMERGING MKTS PORTFOLIO INST CLAS   2008-08-28 2010-03-25
239.845 LAZARD EMERGING MKTS PORTFOLIO INST CLAS   2007-01-05 2010-09-27
721.734 LAZARD EMERGING MKTS PORTFOLIO INST CLAS     2010-12-22
70. LOWES COMPANIES INCORPORATED   2010-03-25 2010-06-23
30. MARATHON OIL CORPORATION COMMON   2008-10-10 2010-01-20
60. MARATHON OIL CORPORATION COMMON   2008-10-10 2010-03-25
30. MERCK & CO INC   2006-06-20 2010-01-20
30. MERCK & CO INC   2006-06-20 2010-03-25
20. MERCK & CO INC   2006-06-20 2010-09-27
50. MICROSOFT CORPORATION   2008-08-06 2010-01-20
50. MICROSOFT CORPORATION   2008-08-06 2010-03-25
20. MONSANTO CO COMMON   2010-03-25 2010-06-23
25. MONSANTO CO COMMON   2008-10-10 2010-06-23
140. NOKIA CORP   2010-03-25 2010-06-23
96.932 NORTHERN SMALL CAP VALUE FUND # 603   2008-08-28 2010-03-25
70. NUCOR CORPORATION   2010-03-25 2010-06-23
130. ORACLE SYSTEM CORPORATION     2010-09-27
2503.647 PIMCO LOW DURATION INSTITUTIONAL   2010-03-25 2010-06-23
40. PALL CORPORATION COMMON   2008-11-25 2010-09-27
80. PALL CORPORATION COMMON   2008-11-25 2010-12-22
10. PEPSICO INCORPORATED   2008-11-25 2010-09-27
60. PFIZER INCORPORATED   2005-10-27 2010-09-27
26.213 PIMCO COMMODITY REAL RETURN STRATEGY INS   2010-09-27 2010-11-29
1592.275 T ROWE PRICE INSTITUTIONAL EMERGING MARKETS BOND FD INST CL F   2009-10-21 2010-03-25
110. PRICE GROUP INC FORMERLY AKA PRICE TO ROWE & ASSOC   2009-03-26 2010-06-23
55. PROCTOR AND GAMBLE COMPANY   2007-05-31 2010-03-25
5. PROCTOR AND GAMBLE COMPANY   2010-06-23 2010-11-29
20. QUALCOMM INC COMMON   2008-10-10 2010-01-20
60. QUALCOMM INC COMMON   2007-08-21 2010-09-27
81.54 T ROWE PRICE EMERGING MARKETS STOCK FUND   2008-08-12 2010-06-23
117.206 T ROWE PRICE EMERGING MARKETS STOCK FUND     2010-09-27
1074.671 T ROWE PRICE EMERGING MARKETS STOCK FUND     2010-12-22
8. SPDR GOLD TRUST   2008-10-10 2010-06-23
22. SPDR GOLD TRUST   2008-10-10 2010-11-29
75. SPDR S&P EMERGING ASIA PACIFIC     2010-03-25
305. AMEX FINANCIAL SELECT SPDR   2009-03-26 2010-06-23
45. SMITH INTL INC COMMON   2008-11-25 2010-03-25
40. STAPLES INC COMMON   2008-08-06 2010-01-20
135. STAPLES INC COMMON     2010-03-25
50. STATE STR CORP   2010-03-25 2010-12-22
140. SUNCOR ENERGY, INC     2010-09-27
30. SYSCO CORPORATION   2008-08-06 2010-01-20
145. SYSCO CORPORATION     2010-03-25
3773.883 TCW TOTAL RETURN BOND FUND # 4728     2010-03-25
20. TARGET CORP COM     2010-03-25
40. TEVA PHARMACEUTICAL INDS LTD ADR   2010-03-25 2010-09-27
30. THE TRAVELERS COMPANIES INC.   2008-10-10 2010-06-23
15. THE TRAVELERS COMPANIES INC.   2008-10-10 2010-09-27
10. THE TRAVELERS COMPANIES INC.   2008-10-10 2010-11-29
40. US BANCORP   2009-10-21 2010-01-20
55. US BANCORP   2008-10-10 2010-01-20
60. US BANCORP   2009-10-21 2010-03-25
20. UNILEVER PLC-SPONSORED ADR   2009-10-21 2010-11-29
3182.531 VANGUARD MID CAP GROWTH FUND 301   2009-10-26 2010-06-23
1659.646 VANGUARD GNMA FUND FUND 36   2009-10-26 2010-03-25
2108.6 VIRTUS QUALITY SMALL CAP FUND CL I FUND     2010-06-23
100. VODAFONE GROUP PLC NEW SP ADR   2009-10-21 2010-09-27
80. VODAFONE GROUP PLC NEW SP ADR   2010-06-23 2010-11-29
60. VODAFONE GROUP PLC NEW SP ADR   2009-10-21 2010-11-29
15. WELLPOINT INC   2008-10-10 2010-03-25
75. WELLPOINT INC   2008-10-10 2010-06-23
25. WELLS FARGO & CO NEW     2010-01-20
65. WELLS FARGO & CO NEW     2010-03-25
310. WEATHERFORD INTL LTD   2010-06-23 2010-09-27
10. TRANSOCEAN LTD   2007-05-31 2010-01-20
30. TRANSOCEAN LTD   2009-03-26 2010-06-23
(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 1,076   727 349
b 1,258   872 386
c 1,044   933 111
d 1,439   1,166 273
e 17,841   15,087 2,754
16,409   12,697 3,712
3,040   1,909 1,131
857   731 126
2,380   1,948 432
1,039   699 340
2,431   2,717 -286
3,510   2,406 1,104
2,360   1,969 391
962   1,261 -299
1,125   1,531 -406
1,707   1,693 14
1,136   634 502
3,717   4,587 -870
499   469 30
3,208   3,520 -312
7,121   6,342 779
10,089   11,548 -1,459
5,764   5,373 391
1,022   938 84
2,105   2,759 -654
2,182   2,078 104
1,495   1,348 147
1,121   1,039 82
5,216   5,231 -15
1,322   1,335 -13
907   890 17
5,004   4,427 577
482   500 -18
5,465   5,431 34
1,488   1,349 139
3,688   3,061 627
4,163   4,355 -192
1,494   1,351 143
400   464 -64
3,207   2,593 614
1,436   1,668 -232
985   831 154
1,724   1,946 -222
2,039   1,657 382
1,981   1,657 324
2,371   1,988 383
842   937 -95
1,087   914 173
1,748   1,523 225
5,136   4,577 559
1,093   913 180
1,207   913 294
398   362 36
442   357 85
385   357 28
5,284   2,316 2,968
630   523 107
3,463   4,755 -1,292
500   321 179
1,196   1,620 -424
1,684   1,548 136
1,202   1,032 170
1,005   774 231
2,164   2,266 -102
898   1,030 -132
7,911   7,608 303
17,879   15,913 1,966
2,823   2,107 716
934   930 4
2,115   1,860 255
1,003   930 73
3,481   3,463 18
6,684   6,599 85
14,994   13,950 1,044
966   931 35
3,248   3,261 -13
3,476   3,217 259
2,564   3,328 -764
1,867   1,670 197
1,480   1,321 159
3,987   2,756 1,231
2,151   2,598 -447
848   739 109
6,826   5,830 996
585   549 36
9,811   9,552 259
6,824   9,259 -2,435
23,430   23,242 188
8,779   8,904 -125
11,133   8,411 2,722
16,510   15,845 665
2,095   2,083 12
6   6  
184   185 -1
2   2  
2   2  
2   2  
2   2  
2   2  
2   2  
2   2  
2   2  
2   2  
2   2  
2   2  
2   2  
2   2  
2   2  
2   2  
2   2  
2   2  
2   2  
2   2  
2   2  
2   2  
2   2  
2,840   2,641 199
4,155   4,410 -255
1,157   554 603
581   277 304
1,162   1,244 -82
1,674   2,299 -625
11,274   9,701 1,573
1,073   977 96
3,604   2,236 1,368
1,048   986 62
963   986 -23
1,078   1,043 35
3,994   2,592 1,402
14,692   11,512 3,180
27,818   25,932 1,886
1,634   1,616 18
3,517   3,331 186
18,203   17,532 671
1,403   1,402 1
4,060   4,380 -320
1,238   1,037 201
616   633 -17
4,821   4,636 185
1,819   2,008 -189
4,926   4,826 100
15,561   14,142 1,419
1,523   1,712 -189
962   806 156
1,879   1,613 266
1,224   1,049 175
1,135   1,049 86
744   700 44
1,523   1,324 199
1,510   1,325 185
986   1,436 -450
1,233   2,052 -819
1,194   2,135 -941
1,296   1,390 -94
2,900   3,196 -296
3,495   2,529 966
26,238   26,088 150
1,663   1,006 657
3,997   2,011 1,986
664   541 123
1,028   1,264 -236
227   214 13
15,158   14,840 318
5,251   3,281 1,970
3,511   3,500 11
309   305 4
963   790 173
2,671   2,212 459
2,420   2,690 -270
3,882   2,931 951
37,334   23,603 13,731
965   667 298
2,935   1,833 1,102
5,549   4,551 998
4,419   2,857 1,562
1,858   1,170 688
990   965 25
3,186   2,823 363
2,379   2,329 50
4,375   4,938 -563
849   883 -34
4,208   3,878 330
37,512   36,554 958
1,073   700 373
2,155   2,561 -406
1,529   904 625
787   452 335
538   301 237
1,002   1,019 -17
1,378   1,642 -264
1,581   1,529 52
563   616 -53
49,266   46,274 2,992
17,858   17,808 50
20,348   20,338 10
2,536   2,247 289
1,997   1,703 294
1,498   1,348 150
956   528 428
3,977   2,640 1,337
699   862 -163
2,046   1,733 313
5,247   4,590 657
909   982 -73
1,585   1,880 -295
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       349
b       386
c       111
d       273
e       2,754
      3,712
      1,131
      126
      432
      340
      -286
      1,104
      391
      -299
      -406
      14
      502
      -870
      30
      -312
      779
      -1,459
      391
      84
      -654
      104
      147
      82
      -15
      -13
      17
      577
      -18
      34
      139
      627
      -192
      143
      -64
      614
      -232
      154
      -222
      382
      324
      383
      -95
      173
      225
      559
      180
      294
      36
      85
      28
      2,968
      107
      -1,292
      179
      -424
      136
      170
      231
      -102
      -132
      303
      1,966
      716
      4
      255
      73
      18
      85
      1,044
      35
      -13
      259
      -764
      197
      159
      1,231
      -447
      109
      996
      36
      259
      -2,435
      188
      -125
      2,722
      665
      12
       
      -1
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
      199
      -255
      603
      304
      -82
      -625
      1,573
      96
      1,368
      62
      -23
      35
      1,402
      3,180
      1,886
      18
      186
      671
      1
      -320
      201
      -17
      185
      -189
      100
      1,419
      -189
      156
      266
      175
      86
      44
      199
      185
      -450
      -819
      -941
      -94
      -296
      966
      150
      657
      1,986
      123
      -236
      13
      318
      1,970
      11
      4
      173
      459
      -270
      951
      13,731
      298
      1,102
      998
      1,562
      688
      25
      363
      50
      -563
      -34
      330
      958
      373
      -406
      625
      335
      237
      -17
      -264
      52
      -53
      2,992
      50
      10
      289
      294
      150
      428
      1,337
      -163
      313
      657
      -73
      -295
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 71,205
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 36,425 772,352 0.047161
2008 57,927 887,356 0.06528
2007 35,800 1,030,250 0.034749
2006 54,366 984,254 0.055236
2005 44,459 928,090 0.047904
2 Total of line 1, column (d) ...................... 2 0.25033
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 0.050066
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 850,798
5 Multiply line 4 by line 3....................... 5 42,596
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 786
7 Add lines 5 and 6......................... 7 43,382
8 Enter qualifying distributions from Part XII, line 4.............. 8 47,449
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 1 786
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............................ 3 786
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- ..... 5 786
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 344
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 344
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 442
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet   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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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)bulletKY
    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 addressbullet  
    14
    The books are in care ofbulletBRANCH BANKING AND TRUST COMPANY Telephone no.bullet (270) 782-4471
    Located atbullet1820 SCOTTSVILLE RDBOWLING GREENKY ZIP+4bullet421043302
    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
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
     
    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
    BRANCH BANKING & TRUST COMPANY TRUSTEE
    1
    12,919    
    300 SUMMERS STREET
    CHARLESTON,WV25301
    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...........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    863,754
    b
    Average of monthly cash balances.......................
    1b
    0
    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
    863,754
    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
    863,754
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    12,956
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    850,798
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    42,540
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    42,540
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    786
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    786
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    41,754
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    41,754
    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
    41,754
    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
    47,449
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    47,449
    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
    786
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    46,663
    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 41,754
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 3,376
    b Total for prior years:2008, 20, 20 0
    3 Excess distributions carryover, if any, to 2010:
    a From 2005....... 0
    b From 2006....... 0
    c From 2007....... 0
    d From 2008....... 0
    e From 2009....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 47,449
    a Applied to 2009, but not more than line 2a 3,376
    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..... 41,754
    e Remaining amount distributed out of corpus 2,319
    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 2,319
    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 ......
    2,319
    10 Analysis of line 9:
    a Excess from 2006.... 0
    b Excess from 2007.... 0
    c Excess from 2008.... 0
    d Excess from 2009.... 0
    e Excess from 2010.... 2,319
    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).)
    NONE
    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.
    NONE
    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:
    BRANCH BANKING AND TRUST COMPANY
    1820 SCOTTSVILLE ROAD
    BOWLING GREEN,KY42103
    (270) 782-4477
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATIONS ALONG WITH TAX-EXEMPT STATUS, BY-LAWS AND LIST OF BOARD OF DIRECTORS
    cAny submission deadlines:
    DEADLINE IS SEPT 30
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ANY 201(c)(3) LOCATED IN BARREN COUNTY, KY WHO PROVIDE SERVICES TO THE PHYSICALLY AND/OR MENTALLY HANDICAPPED. GENERAL REVENUES DO NOT QUALIFY.
    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
    GLASGOW INDEPENDENT SCHOOLS
    PO BOX 1239
    GLASGOW,KY42142
    NONE NON-PROFIT GENERAL FUNDS 14,856
    THE COMMUNITY RELIEF FUND FOR
    GLASGOW-BARREN COUNTY
    123 E WASHINGTON STREET
    GLASGOW,KY42141
    NONE NON-PROFIT SUPPORT COMMUNITY NEEDS 12,500
    THE ARC OF BARREN COUNTY
    123 E WASHINGTON STREET
    GLASGOW,KY42141
    NONE NON-PROFIT SUPPORT COMMUNITY NEEDS 12,500
    BARREN COUNTY SCHOOLS
    202 WEST WASHINGTON STREET
    GLASGOW,KY42141
    NONE SCHOOLS SUPPORT SCHOOL PROGRAMS 7,593
    Total .................................bullet 3a 47,449
    bApproved for future payment
    Total ..................................bullet 3b  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments          
    4 Dividends and interest from securities....     14 20,246  
    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 71,205  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aLITIGATION SETTLE     01 24  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   91,475  
    13Total. Add line 12, columns (b), (d), and (e)...................
    1391,475
    (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 OtherIncreasesSchedule
    Name:
    RENEAU ALLINE UW
    EIN: 61-6256213
    Description Amount
    DIFF IN MUTUAL FDS REC/REPORTED 805
    ADJUSTMENT FOR ROUNDING 3