Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2011
For calendar year 2011, or tax year beginning 01-01-2011 , and ending 12-31-2011
G
Check all that apply:
Name of foundation
THE JWJ FAMILY FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 7241   Room/suite
City or town, state, and ZIP code
JACKSON, WY83002
A Employer identification number

20-8411928
B Telephone number (see page 10 of the instructions)

(203) 783-6460
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$2,809,225J 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...... 153,257 153,257  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 75,020
b Gross sales price for all assets on line 6a 2,851,455
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
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........ 228,277 153,257  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 5,538     5,538
c Other professional fees (attach schedule).... Click to see attachment 3,215 3,215    
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 3,965 3,965    
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 175     175
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 12,893 7,180   5,713
25 Contributions, gifts, grants paid........ 156,500 156,500
26 Total expenses and disbursements. Add lines 24 and 25 169,393 7,180   162,213
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 58,884
b Net investment income (if negative, enter -0-) 146,077
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 (2011)
Form 990-PF (2011)
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............... 11,315 14,599 14,599
2 Savings and temporary cash investments.......... 241,212 793 793
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) 1,104,901 Click to see attachment556,937 546,973
b Investments—corporate stock (attach schedule)........ 659,233 Click to see attachment1,588,952 1,611,364
c Investments—corporate bonds (attach schedule)........ 752,062 Click to see attachment649,357 635,496
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis 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) 2,768,723 2,810,638 2,809,225
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.................... 2,768,723 2,810,638
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 2,768,723 2,810,638
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,768,723 2,810,638
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 2,768,723
2 Enter amount from Part I, line 27a..................... 2 58,884
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 2,827,607
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 16,969
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 2,810,638
Form 990-PF (2011)
Form 990-PF (2011)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2010      
2009      
2008      
2007      
2006      
2 Total of line 1, column (d) ...................... 2  
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  
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4  
5 Multiply line 4 by line 3....................... 5  
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6  
7 Add lines 5 and 6......................... 7  
8 Enter qualifying distributions from Part XII, line 4.............. 8  
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 (2011)
Form 990-PF (2011)
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 2,922
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 2,922
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,922
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 1,880
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,880
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,042
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 2012 estimated taxBullet0 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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)bullet
    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 2011 or the taxable year beginning in 2011 (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 ofbulletFIELD MCCLURE CPAS PC Telephone no.bullet (307) 733-8377
    Located atbulletPO BOX 1767JACKSONWY ZIP+4bullet83001
    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 2011, 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
     
     
    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 (2011)
    Form 990-PF (2011)
    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 2011?.............
    1c
     
     
    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 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years bullet2009, 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 2011 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 2011.)....................
    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 2011?
    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 (2011)
    Form 990-PF (2011)
    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
    WORTHINGTON JOHNSON JRClick to see attachment TREASURER
    1.00     		0 0 0
    PO BOX 30000
    PO BOX 30000
    JACKSON,WY83002
    MARIA JOHNSONClick to see attachment PRESIDENT
    1.00     		0 0 0
    PO BOX 30000
    PO BOX 30000
    JACKSON,WY83002
    NINA JOHNSON LYNCHClick to see attachment SECRETARY
    1.00     		0 0 0
    1329 BROWNING AVE
    1329 BROWNING AVE
    SALT LAKE CITY,UT84105
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2011)
    Form 990-PF (2011)
    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  
    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
    2,708,362
    b
    Average of monthly cash balances.......................
    1b
    133,960
    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
    2,842,322
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    2,842,322
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    42,635
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,799,687
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    139,984
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    139,984
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    2,922
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,922
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    137,062
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    137,062
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    137,062
    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
    162,213
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    162,213
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    162,213
    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 (2011)
    Form 990-PF (2011)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2010     		(c)
    2010     		(d)
    2011
    1 Distributable amount for 2011 from Part XI, line 7 137,062
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 141,184
    b Total for prior years:20, 20, 2009 8,008
    3 Excess distributions carryover, if any, to 2011:
    a From 2006.......  
    b From 2007.......  
    c From 2008.......  
    d From 2009.......  
    e From 2010.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 162,213
    a Applied to 2010, but not more than line 2a 141,184
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		 8,008
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2011 distributable amount..... 13,021
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2011.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2011. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		124,041
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008....  
    c Excess from 2009....  
    d Excess from 2010....  
    e Excess from 2011....  
    Form 990-PF (2011)
    Form 990-PF (2011)
    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 2011, 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) 2011 (b) 2010 (c) 2009 (d) 2008
             
    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 (2011)
    Form 990-PF (2011)
    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
    CHOATE ROSEMARY HALL
    CHOATE ROSEMARY HALL
    333 CHRISTIAN STREET
    333 CHRISTIAN STREET
    WALLINGFORD,CT06492     		NONE CHAIRTY PERPETUAL CONTRIBUTION TO CLASS 1,000
    GASPARILLA ISLAND CONSERV
    GASPARILLA ISLAND CONSERVATION & IMPROVEMENT ASSOC
    PO BOX 446
    PO BOX 446
    BOCA GRANDE,FL33921     		NONE CHARITY GENERAL PURPOSES 1,000
    US FIGURE SKATING
    US FIGURE SKATING ASSOCIATION
    20 FIRST STREET
    20 FIRST STREET
    COLORADO SPRINGS,CO80906     		NONE CHARITY PERPETUAL GIFT - FRANCES C JOHNSON 1,000
    WORTHY AND FRAN JOHNSON
    WORTHY AND FRAN JOHNSON SCHOLARSHIP TRUST INC
    2537 POST ROAD STE 101
    2537 POST ROAD STE 101
    SOUTHPORT,CT06890     		NONE CHARITY SCHOLARSHIPS FOR CADDIES 1,000
    BGCC SCHOLARSHIP FUND
    BOCA GRANDE AREA CHAMBER OF COMMERCE
    PO BOX 704
    PO BOX 704
    BOCA GRANDE,FL33921     		NONE CHARITY SCHOLARSHIPS 4,000
    GRAND TETON NATIONAL PARK
    GRAND TETON NATIONAL PARK
    PO BOX 249
    PO BOX 249
    MOOSE,WY83012     		NONE CHARITY YOUTH ENGAGEMENT 4,000
    JACKSON HOLE LAND TRUST
    JACKSON HOLE LAND TRUST
    PO BOX 2897
    PO BOX 2897
    JACKSON,WY83001     		NONE CHARITY STEWARDSHIP OF LAND CONSERVATION 10,000
    WOMEN FOR WOMEN INTERNAT
    WOMEN FOR WOMEN INTERNATIONAL GLOBAL SUPPORT CENT
    PO BOX 9224
    PO BOX 9224
    CENTRAL ISLIP,NY11722     		NONE CHARITY ASSIST REFUGEE WOMEN 4,000
    WOUNDED WARRIOR PROJECT
    WOUNDED WORRIOR PROJECT
    PO BOX 758517
    PO BOX 758517
    TOPEKA,KS66675     		NONE CHARITY REHABILITATION FOR WOUNDED TROOPS 4,000
    ST JUDE CHILDREN'S RESEAR
    ST JUDE CHILDERN'S RESEARCH HOSPITAL
    262 DANNY THOMAS PLACE
    262 DANNY THOMAS PLACE
    MEMPHIS,TN38105     		NONE CHARITY OPERATIONS 5,000
    NATL MUSEUM OF WILDLIFE A
    NATIONAL MUSEUM OF WILDLIFE ART
    PO BOX 6825
    PO BOX 6825
    JACKSON,WY83001     		NONE CHARITY OPERATIONS 4,500
    ANIMAL ADOPTION CENTER
    ANIMAL ADOPTION CENTER
    PO BOX 8532
    PO BOX 8532
    JACKSON,WY83001     		NONE CHARITY SPAYING AND NEUTERING 4,000
    JH HISTORICAL SOCIETY
    JACKSON HOLE HISTORICAL SOCIETY AND MUSEUM
    PO BOX 1005
    PO BOX 1005
    JACKSON,WY83001     		NONE CHARITY OPERATIONS 4,000
    CENTER FOR THE ARTS
    CENTER FOR THE ARTS
    PO BOX 860
    PO BOX 860
    JACKSON,WY83001     		NONE CHARITY OPERATIONS 5,000
    FOUNDATION FIGHTING BLIND
    FOUNDATION FIGHTING BLINDNESS
    PO BOX 17279
    PO BOX 17279
    BALTIMORE,MD21203     		NONE CHARITY RESEARCH FOR TREATING BLINDNESS 3,000
    WYOMING PBS
    WYOMING PBS
    2660 PECK AVE
    2660 PECK AVE
    RIVERTON,WY82501     		NONE CHARITY CHANNEL PROGRAM 2,500
    FAIRFIELD COUNTY DAY
    FAIRFIELD COUNTY DAY SCHOOL
    2970 BRONSON ROAD
    2970 BRONSON ROAD
    FAIRFIELD,CT06430     		NONE CHARITY CONTINUED TECH AS TEACHING TOOL 4,000
    SENIOR CENTER OF JH
    SENIOR CENTER OF JACKSON HOLE
    PO BOX 4677
    PO BOX 4677
    JACKSON,WY83001     		NONE CHARITY OPERATIONS 5,000
    EPISCOPAL CHURCH OF JH
    EPISCOPAL CHURCH OF JACKSON HOLE
    PO BOX 1690
    PO BOX 1690
    JACKSON,WY83001     		NONE CHARITY OPERATIONS 5,000
    BOCA GRANDE HEALTH
    BOCA GRANDE HEALTH CLINIC
    PO BOX 1072
    PO BOX 1072
    BOCA GRANDE,FL33921     		NONE CHARITY MEDICAL EQUIPMENT NEEDS 5,000
    NATIONAL OUTDOOR LEADER
    NATIONAL LEADERSHIP SCHOOL
    284 LINCOLN STREET
    284 LINCOLN STREET
    LANDER,WY82520     		NONE CHARITY WILDERNESS MEDICINE CAMPS 5,000
    ST JOHN'S MEDICAL CENTER
    ST JOHN'S MEDICAL CENTER FOUNDATION
    PO BOX 428
    PO BOX 428
    JACKSON,WY83001     		NONE CHARITY CRITICAL BLOOD ANALYZER 7,500
    TVRC EDUCATION FOUNDATION
    TVRC EDUCATION FOUNDATION
    PO BOX 4915
    PO BOX 4915
    JACKSON,WY83001     		NONE CHARITY BUILDING ECO-FRIENDLY CABIN 5,000
    WAKEMAN BOYS & GIRLS CLUB
    WAKEMAN BOYS & GIRLS CLUB
    PO BOX 118
    PO BOX 118
    SOUTHPORT,CT06890     		NONE CHARITY REPAIRS FOR WAKEMAN CLUB HOUSE 5,000
    COLGATE UNIVERSTIY
    COLGATE UNIVERSITY
    13 OAK DRIVE
    13 OAK DRIVE
    HAMILTON,NY13346     		NONE CHARITY J W JOHNSON ENDOWED SCHOLARSHIP 6,000
    MIDDLEBURY COLLEGE
    MIDDLEBURY COLLEGE
    5370 MIDDLEBURY COLLEGE
    5370 MIDDLEBURY COLLEGE
    MIDDLEBURY,VT05753     		NONE CHARITY MAITENANCE OF KOHN FIELD 6,000
    MOWGLIS SCHOOL OF THE
    MOWGLIS SCHOOL OF THE OPEN
    PO BOX 9
    PO BOX 9
    HEBRON,NH03241     		NONE CHARITY SCHOLARSHIP FUND 6,000
    CHOATE ROSEMARY HALL
    CHOATE ROSEMARY HALL
    333 CHRISTIAN STREET
    333 CHRISTIAN STREET
    WALLINGFORD,CT06492     		NONE CHARITY JENNIFER W JOHNSON SCHOLARSHIP FUND 10,000
    STRATTON MOUNTAIN SCHOOL
    STRATTON MOUNTAIN SCHOOL - PATTI KALTSAS FUND
    WORLD CUP CIRCLE
    WORLD CUP CIRCLE
    STRATTON MOUNTAIN,VT05155     		NONE CHARITY SCHOLARSHIPS 18,000
    UNIVERSITY OF DENVER
    UNIVERSITY OF DENVER
    2190 EAST ASBURY AVENUE
    2190 EAST ASBURY AVENUE
    DENVER,CO80208     		NONE CHARITY LACROSSE SCHOLARSHIP 10,000
    WILSON FIRE DEPTARTMENT
    WILSON FIRE DEPARTMENT
    PO BOX 31
    PO BOX 31
    WILSON,WY83014     		NONE CHARITY CAPITAL EQUIPMENT NEEDS 1,000
    Total .................................bullet 3a 156,500
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2011)
    Form 990-PF (2011)
    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....         153,257
    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         75,020
    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)..     228,277
    13Total. Add line 12, columns (b), (d), and (e)..................
    13228,277
    (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 (2011)
    Form 990-PF (2011)
    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 (2011)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2011 AccountingFeesSchedule
    Name:
    THE JWJ FAMILY FOUNDATION INC
    EIN: 20-8411928
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FIELD & MCCLURE CPAS, PC 5,538     5,538

    TY 2011 CompensationExplanation
    Name:
    THE JWJ FAMILY FOUNDATION INC
    EIN: 20-8411928
    Person Name Explanation
    WORTHINGTON JOHNSON JR  
    MARIA JOHNSON  
    NINA JOHNSON LYNCH  

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

    TY 2011 GainLossSaleOtherAssetsSch
    Name:
    THE JWJ FAMILY FOUNDATION INC
    EIN: 20-8411928
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    19,000 BP CAP MARKETS PL 3.12% 2009-03 PURCHASE 2011-03   19,401 19,041     360  
    11,000 BP CAP MARKETS PL 3.12% 2009-03 PURCHASE 2011-03   11,232 11,024     208  
    10,000 BP CAP MARKETS PL 3.12% 2009-03 PURCHASE 2011-03   10,221 9,325     896  
    51,000 BP CAP MARKETS PL 3.12% 2010-06 PURCHASE 2011-03   52,076 47,558     4,518  
    19,000 BP CAP MARKETS PL 3.12% 2009-06 PURCHASE 2011-03   19,401 17,718     1,683  
    100,000 BP CAP MARKETS PL 3.12% 2010-06 PURCHASE 2011-08   100,398 93,250     7,148  
    50,000 BP CAP MARKETS PL 3.12% 2010-06 PURCHASE 2011-09   50,353 46,625     3,728  
    150,000 BP CAP MARKETS PL 3.12% 2010-06 PURCHASE 2011-12   150,300 139,875     10,425  
    19,000 BP CAP MARKETS PL 3.12% 2010-12 PURCHASE 2011-12   19,038 19,077     -39  
    280,000 FEDERAL HOME LOAN BANK 2006-12 PURCHASE 2011-06   282,604 280,000     2,604  
    700,000 FEDERAL HOME LOAN BANK 2006-12 PURCHASE 2011-09   700,000 700,000        
    70 ISHARES BARCLAYS 1-3 YEAR 2011-09 PURCHASE 2011-09   5,913 5,931     -18  
    2,000 GENERAL MOTORS CO 2010-11 PURCHASE 2011-09   72,599 104,679     -32,080  
    8,830 ISHARES BARCLAYS 1-3 YEAR 2011-09 PURCHASE 2011-09   745,414 748,190     -2,776  
    125 INGERSOLL-RAND PLC 2009-11 PURCHASE 2011-01   5,672 4,678     994  
    25 KOHLS CORP WISC 2009-01 PURCHASE 2011-01   1,293 963     330  
    50 KOHLS CORP WISC 2009-01 PURCHASE 2011-01   2,587 1,919     668  
    150 KOHLS CORP WISC 2009-02 PURCHASE 2011-01   7,760 5,640     2,120  
    175 LOWE'S 2008-10 PURCHASE 2011-01   4,181 3,405     776  
    200 LOWE'S 2008-11 PURCHASE 2011-01   4,779 3,951     828  
    100 BOEING 2010-03 PURCHASE 2011-01   7,110 6,837     273  
    50 BOEING 2010-03 PURCHASE 2011-01   3,555 3,509     46  
    100 NATIONAL-OILWELL VARCO 2010-05 PURCHASE 2011-01   6,572 4,336     2,236  
    80 APACHE 2009-05 PURCHASE 2011-02   9,377 6,468     2,909  
    50 APACHE 2009-05 PURCHASE 2011-02   5,861 3,942     1,919  
    234 CISCO 2005-11 PURCHASE 2011-02   4,339 4,123     216  
    325 CISCO 2007-01 PURCHASE 2011-02   6,026 9,303     -3,277  
    200 EMC 2008-10 PURCHASE 2011-02   5,333 2,097     3,236  
    75 PRICE T ROWE GROUP 2009-05 PURCHASE 2011-02   4,983 2,927     2,056  
    90 HESS 2009-08 PURCHASE 2011-03   6,961 4,734     2,227  
    35 HESS 2009-09 PURCHASE 2011-03   2,707 1,929     778  
    50 PRICE T ROWE GROUP 2009-05 PURCHASE 2011-03   3,248 1,951     1,297  
    75 WAL-MART 2007-03 PURCHASE 2011-03   3,877 3,553     324  
    142 MOTOROLA 2010-09 PURCHASE 2011-03   5,381 4,945     436  
    125 MOTOROLA 2011-01 PURCHASE 2011-03   4,737 4,892     -155  
    125 MOTOROLA 2010-09 PURCHASE 2011-03   3,102 3,640     -538  
    150 MOTOROLA 2011-01 PURCHASE 2011-03   3,722 5,006     -1,284  
    250 MOTOROLA 2011-01 PURCHASE 2011-03   6,204 8,938     -2,734  
    275 PG&E 2010-08 PURCHASE 2011-03   11,555 13,096     -1,541  
    75 PRICE T ROWE GROUP 2010-06 PURCHASE 2011-03   4,872 3,782     1,090  
    25 ST JUDE MEDICAL 2010-11 PURCHASE 2011-03   1,222 974     248  
    125 WAL-MART 2007-03 PURCHASE 2011-04   6,675 5,922     753  
    50 WAL-MART 2010-08 PURCHASE 2011-04   2,670 2,618     52  
    100 AMER EXPRESS 2003-04 PURCHASE 2011-05   5,008 3,071     1,937  
    350 EMC 2008-10 PURCHASE 2011-05   9,461 3,670     5,791  
    90 HESS 2009-09 PURCHASE 2011-05   6,889 4,960     1,929  
    25 HESS 2009-10 PURCHASE 2011-05   1,914 1,523     391  
    100 NATIONAL-OIL WELL VARCO 2010-05 PURCHASE 2011-05   7,004 4,336     2,668  
    100 ST. JUDE MEDICAL 2010-11 PURCHASE 2011-06   4,747 3,895     852  
    240 ACE 2010-08 PURCHASE 2011-06   15,722 12,795     2,927  
    284 AMER EXPRESS 2010-06 PURCHASE 2011-06   14,610 9,748     4,862  
    50 APPLE 2011-03 PURCHASE 2011-06   16,727 17,828     -1,101  
    450 ARCHER DANIELS MIDLD 2010-11 PURCHASE 2011-06   13,486 13,353     133  
    230 DEVON ENERGY 2011-02 PURCHASE 2011-06   18,070 20,358     -2,288  
    368 DISNEY 2008-08 PURCHASE 2011-06   14,304 10,671     3,633  
    160 ECOLAB 2011-06 PURCHASE 2011-06   8,944 8,771     173  
    1,100 GENERAL ELECTRIC 2010-06 PURCHASE 2011-06   20,692 17,514     3,178  
    26 GOOGLE 2009-07 PURCHASE 2011-06   13,048 11,045     2,003  
    300 HONEYWELL 2010-06 PURCHASE 2011-06   17,807 12,710     5,097  
    300 INGERSOLL-RAND 2010-03 PURCHASE 2011-06   13,595 11,058     2,537  
    575 INTL PAPER 2008-12 PURCHASE 2011-06   17,102 10,022     7,080  
    375 JPMORGAN CHASE 2009-12 PURCHASE 2011-06   15,259 15,791     -532  
    475 KRAFT FOOD 2010-04 PURCHASE 2011-06   16,675 14,609     2,066  
    60 MASTERCARD 2010-10 PURCHASE 2011-06   18,066 13,684     4,382  
    700 MICROSOFT 2010-08 PURCHASE 2011-06   18,082 19,769     -1,687  
    675 MORGAN STANLEY 2011-03 PURCHASE 2011-06   15,368 19,004     -3,636  
    150 NATIONAL-OILWELL VARCO 2010-06 PURCHASE 2011-06   11,611 6,425     5,186  
    1,200 NEWS CORP 2011-03 PURCHASE 2011-06   21,138 20,129     1,009  
    70 OCCIDENTAL PETE 2011-05 PURCHASE 2011-06   7,221 7,377     -156  
    825 PFIZER 2010-08 PURCHASE 2011-06   16,949 14,613     2,336  
    70 PRECISION CASTPARTS 2011-03 PURCHASE 2011-06   11,462 10,292     1,170  
    250 PROCTER & GAMBLE 2011-04 PURCHASE 2011-06   15,770 9,788     5,982  
    250 QUALCOMM 2010-04 PURCHASE 2011-06   14,125 10,437     3,688  
    275 ST JUDE MEDICAL 2010-11 PURCHASE 2011-06   13,090 10,881     2,209  
    725 TD AMERITRADE 2011-03 PURCHASE 2011-06   14,054 15,272     -1,218  
    350 TEVA PHARMA 2011-04 PURCHASE 2011-06   16,783 16,069     714  
    55 WHIRLPOOL 2011-06 PURCHASE 2011-06   4,416 4,538     -122  
    550 GENERAL MOTORS 2011-03 PURCHASE 2011-07   16,945 18,058     -1,113  

    TY 2011 GeneralExplanationAttachment
    Name:
    THE JWJ FAMILY FOUNDATION INC
    EIN: 20-8411928
    Identifier Return Reference Explanation
    GENERAL ELECTIONS   YEAR ENDED: DECEMBER 31, 2011 20-8411928 THE JWJ FAMILY FOUNDATION, INC. P.O. BOX 7241 JACKSON, WY 83002 TREATMENT OF QUALIFYING DISTRIBUTIONS ELECTION UNDER IRC SECTION 4942(H)(2) AND REG. 53.4942(A)-3(D)(2), THE NONOPERATING PRIVATE FOUNDATION ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF: UNDISTRIBUTED INCOME FROM THE TAX YEARS ENDING: TAX YEAR AMOUNT ________ ___________ ________ ___________ ________ ___________ CORPUS /S/ ______________________________ NAME ______________________________ TITLE ______________________________

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    THE JWJ FAMILY FOUNDATION INC
    EIN: 20-8411928
    Name of Bond End of Year Book Value End of Year Fair Market Value
    20,000 HERSHEY FOODS CORP 20,000 20,684
    40,000 VERIZON COMMUNICATIONS 39,407 48,740
    30,000 BP CAPITAL MARKETS PLC CO    
    380,000 BP CAPITAL MARKETS PLC    
    19,000 BP CAPITAL MARKETS PLC    
    250,000 MORGAN STANLEY SER MTN 248,750 228,920
    1,600 GOLDMAN SACHS GROUP INC 40,000 39,632
    100,000 ALLY FINANCIAL INC 2014 101,032 96,500
    100,000 ALLY FINANCIAL INC 2014 96,000 96,500
    5,000 VERIZON COMMUNICATIONS 2019 5,860 6,093
    10,000 VERIZON COMMUNICATIONS 2019 11,797 12,185
    10,000 VERIZON COMMUNICATIONS 2019 12,190 12,185
    15,000 MORGAN STANLEY 2016 16,073 14,609
    2,400 GOLDMAN SACHS GROUP INC 2060 58,248 59,448

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    THE JWJ FAMILY FOUNDATION INC
    EIN: 20-8411928
    Name of Stock End of Year Book Value End of Year Fair Market Value
    25 INGERSOLL-RAND PLC    
    25 T ROWE PRICE GROUP INC    
    100 PFIZER INC    
    100 JP MORGAN CHASE & CO    
    100 AMERICAN EXPRESS COMPANY    
    200 MICROSOFT CORP    
    275 MORGAN STANLEY    
    1,000 MOTOROLA INC    
    250 GENERAL MOTORS CO    
    375 LOWE'S COMPANIES INC    
    150 BOEING COMPANY    
    175 PROCTOR & GAMBLE CO    
    175 T ROWE PRICE GROUP INC    
    559 CISCO SYSTEMS, INC    
    275 JP MORGAN CHASE & CO    
    284 AMERICAN EXPRESS COMPANY    
    225 KOHLS CORP WISC PV 1CT    
    250 QUALCOMM INC    
    725 PFIZER INC    
    250 TEVA PHARMACEUTICAL ADR    
    275 PG & E CORP    
    60 MASTERCARD CL A    
    250 WAL-MART STORES INC    
    450 ARCHER-DANIELS-MIDLAND CO    
    368 DISNEY HOLDING CO    
    500 MICROSOFT CORP    
    240 ACE LIMITED    
    475 KRAFT FOODS INC    
    26 GOOGLE INC CL A    
    130 APACHE CORP    
    575 INTL PAPER CO    
    300 HONEYWELL INTL INC    
    400 ST JUDE MEDICAL INC    
    240 HESS CORP    
    400 INGERSOLL-RAND PLC    
    1,100 GENERAL ELECTRIC CO    
    350 NATIONAL OILWELL VARCO INC    
    2,000 GENERAL MOTORS CO    
    10,000 ANNALY CAP MGMT INC 179,199 159,600
    1,500 ANNALY CAP MGMT INC 26,913 23,940
    300 ANNALY CAP MGMT INC 5,358 4,788
    2,250 ANNALY CAP MGMT INC 40,343 35,910
    15,000 ANNALY CAP MGMT INC 281,858 239,400
    1,050 ANNALY CAP MGMT INC 17,882 16,758
    5,000 BRISTOL-MYERS SQUIBB CO 157,178 176,200
    4,000 EL PASO PIPELINE PARTNER LP 147,450 138,480
    1,000 EL PASO PIPELINE PARTNER LP 33,346 34,620
    3,100 HEALTH CARE REIT INC 148,135 169,043
    8,300 PFIZER INC 150,230 179,612
    2,000 KINDER MORGAN ENERGY PARTNERS 146,253 169,900
    2,170 ISHARE BARCLAYS 20 + YR TREAS 254,807 263,113

    TY 2011 InvestmentsGovtObligationsSch
    Name:
    THE JWJ FAMILY FOUNDATION INC
    EIN: 20-8411928
    US Government Securities - End of Year Book Value:

    556,937
    US Government Securities - End of Year Fair Market Value:

    546,973
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2011 OtherDecreasesSchedule
    Name:
    THE JWJ FAMILY FOUNDATION INC
    EIN: 20-8411928
    Description Amount
    ADJUSTMENTS TO COST BASIS OF INVESTMENTS 16,969


    TY 2011 OtherExpensesSchedule
    Name:
    THE JWJ FAMILY FOUNDATION INC
    EIN: 20-8411928
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    CORP SERVICE COMPANY-FILING F 175     175


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    THE JWJ FAMILY FOUNDATION INC
    EIN: 20-8411928
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BESSEMER TRUST-INVEST MNGT FEES 215 215    
    LAWRENCE CAP-INVEST ADMIN FEES 3,000 3,000    


    TY 2011 TaxesSchedule
    Name:
    THE JWJ FAMILY FOUNDATION INC
    EIN: 20-8411928
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX ON NET INVESTMENT INCOME 3,955 3,955    
    FORIEGN TAX 10 10