TY 2010 Form 990PF

- TIN:

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 11-01-2010 , and ending 10-31-2011

Check all that apply:Initial returnInitial return of a former public charityFinal return

Amended returnAddress changeName change

Name of foundation
THE NORMAN AND ESTHER ALLAN FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)27777 FRANKLIN ROAD SUITE 2500 Room/suite

City or town, state, and ZIP code
SOUTHFIELD, MI480348214

A Employer identification number

38-6089688

B Telephone number (see page 10 of the instructions)

(248) 351-3000

C If exemption application is pending, check here bullet

D 1. Foreign organizations, check here . bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation 2. Foreign organizations meeting the 85% test,
check here and attach computation bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$2,147,423J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

E If private foundation status was terminated
under section 507(b)(1)(A), check here bullet

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here bullet

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	1,021,071
2	Check
3	Interest on savings and temporary cash investments	9,250		9,250
4	Dividends and interest from securities......	47,342		47,342
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		20,773
b	Gross sales price for all assets on line 6a 538,295
7	Capital gain net income (from Part IV, line 2)...			20,773
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).......		118	118
12	Total. Add lines 1 through 11........	1,098,554		77,483
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		7,130	0	0
b	Accounting fees (attach schedule).......		3,250	0	0
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see page 14 of the instructions)		2,122	16	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		18,229	18,209	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	30,731		18,225	0
25	Contributions, gifts, grants paid........	100,000			100,000
26	Total expenses and disbursements. Add lines 24 and 25	130,731		18,225	100,000
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	967,823
b	Net investment income (if negative, enter -0-)			59,258
c	Adjusted net income (if negative, enter -0-)...

For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.

Cat. No. 11289X Form 990-PF (2010)

Form 990-PF (2010)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	259,724	67,206	67,206
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)	243,321	233,813	241,278
	b	Investments—corporate stock (attach schedule)........	196,492	665,641	755,285
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	450,463	983,383	1,083,654
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,150,000	1,950,043	2,147,423
	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 )
	23	Total liabilities (add lines 17 through 22)..........	0	0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	0	0
	28	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	29	Retained earnings, accumulated income, endowment, or other funds	1,150,000	1,950,043
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	1,150,000	1,950,043
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	1,150,000	1,950,043

Part III	Analysis of Changes in Net Assets or Fund Balances
1	Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
	with end-of-year figure reported on prior year’s return)...............	1	1,150,000
2	Enter amount from Part I, line 27a......................	2	967,823
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	2,117,823
5	Decreases not included in line 2 (itemize)	5	167,780
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30..	6	1,950,043

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	4 SHRS ALLIED WORLD ASSURANCE	P	2011-04-12	2011-04-15
b	9 SHRS ALLIED WORLD ASSURANCE	P	2011-04-12	2011-04-15
c	34 SHRS DPL INC	P	2011-04-12	2011-04-15
d	1 SHR GOOGLE INC CL A	P	2011-04-12	2011-04-15
e	1 SHR ALBERMARLE CORP	P	2011-04-12	2011-05-18
	1 SHR ACACIA RESH CORP	P	2011-04-12	2011-05-18
	1 SHR ALTERA CORP	P	2011-04-12	2011-05-18
	1 SHR AGILENT TECHNOLOGIES INC	P	2011-04-12	2011-05-18
	1 SHR AT & T INC	P	2011-04-12	2011-05-18
	4 SHRS BORG WARNER INC	P	2011-04-12	2011-05-03
	1 SHR BARRICK GOLD CORPORATION	P	2011-04-12	2011-05-18
	1 SHR CHEVRON CORPORATION	P	2011-04-12	2011-05-18
	1 SHR CLEAN ENERGY FUELS CORP	P	2011-04-12	2011-05-18
	12 SHRS CHURCH&DWIGHT CO INC	P	2011-04-12	2011-05-06
	3 SHRS E M C CORPORATION MASS	P	2011-04-12	2011-05-18
	1 SHR EBAY INC	P	2011-04-12	2011-05-18
	10 SHRS EMERSON ELEC CO	P	2011-04-12	2011-05-03
	1 SHR SPDR KBW REGIONAL BANKIN	P	2011-04-12	2011-05-18
	1 SHR GOODYEAR TIRE RUBBER	P	2011-04-29	2011-05-18
	2 SHRS HALLIBURON COMPANY	P	2011-04-12	2011-05-18
	1 SHR HESS CORP	P	2011-04-12	2011-05-18
	24 SHRS HEWLETT PACKARD CO	P	2011-04-12	2011-05-17
	1 SHR INVESCO LTD	P	2011-04-12	2011-05-18
	4 SHRS JONES LANG LASALLE INC	P	2011-04-12	2011-05-16
	1 SHR MASTEC INC	P	2011-04-12	2011-05-18
	1 SHR MYRIAD GENETICS INC	P	2011-04-12	2011-05-18
	3 SHRS METTLER-TOLEDO INTL INC	P	2011-04-12	2011-05-04
	1 SHR MARATHON OIL CORP	P	2011-04-12	2011-05-18
	10 SHRS MAXIM INTEGRATED PRODUCTS	P	2011-04-12	2011-05-13
	28 SHRS MAXIM INEGRATED PRODUCTS	P	2011-04-12	2011-05-19
	55 SHRS NEWELL RUBBERMAID INC	P	2011-04-12	2011-05-03
	2 SHRS NUANCE COMMUNICATIONS	P	2011-04-12	2011-05-18
	28 SHRS NOVELLUS SYS INC	P	2011-04-12	2011-04-28
	4 SHRS OPEN TEXT CORP COM	P	2011-04-12	2011-05-13
	1 SHR ORACLE CORP DEL	P	2011-04-12	2011-05-18
	24 SHRS PAREXEL INTRNL CORP	P	2011-04-12	2011-05-03
	1 SHR PFIZER INC	P	2011-04-12	2011-05-18
	1 SHR RADWARE LTD	P	2011-04-12	2011-05-18
	1 SHR ROYAL DUTCH SHEL PLC	P	2011-04-12	2011-05-18
	1 SHR SECTOR SPDR FINANCIAL	P	2011-04-12	2011-05-18
	6 SHRS TJX COS INC NEW	P	2011-04-12	2011-05-17
	21 SHRS TJX COS INC NEW	P	2011-04-12	2011-05-19
	1 SHR TRAVELERS COS INC	P	2011-04-12	2011-05-18
	1 SHR ULTA SALON COSMETICS	P	2011-04-12	2011-05-18
	9 SHRS E M C CORPORATION MASS	P	2011-04-12	2011-06-02
	7 SHRS FIRST SOLAR INC	P	2011-04-12	2011-06-27
	14 SHRS ISHARES TR RUSSELL 2000	P	2011-04-12	2011-06-03
	28 SHRS ISHARES TR RUSSELL 2000	P	2011-04-12	2011-06-23
	20 SHRS MENTOR GRAPHICS CORPORATION	P	2011-04-12	2011-05-31
	6 SHRS RADWARE LTD COM	P	2011-04-12	2011-06-02
	14 SHRS THE SCOTTS MIRACLE GRO	P	2011-04-12	2011-06-16
	12 SHRS WHITING PETROLEUM CORP	P	2011-04-12	2011-06-22
	9 SHRS AGILENT TECHNOLOGIES INC	P	2011-04-12	2011-07-08
	8 SHRS ILLINOIS TOOL WORKS INC	P	2011-04-12	2011-07-26
	24 SHRS PEPSICO INC	P	2011-04-12	2011-07-25
	25 SHRS TRAVELERS COS INC	P	2011-04-12	2011-07-26
	3 SHRS WATSCO INC COM	P	2011-04-12	2011-07-05
	9 SHRS WATSCO INC COM	P	2011-04-12	2011-07-06
	5 SHRS ABERMARLE CORP COM	P	2011-04-12	2011-08-08
	5 SHRS ABERMARLE CORP COM	P	2011-04-12	2011-08-08
	13 SHRS ABERMARLE CORP COM	P	2011-04-12	2011-08-22
	9 SHRS AGILIENT TECHNOLOGIES INC	P	2011-04-12	2011-08-08
	12 SHRS APACHE CORP	P	2011-04-12	2011-08-05
	9 SHRS CORN PRODS INTL INC	P	2011-04-12	2011-08-08
	24 SHRS EMERSON ELEC CO	P	2011-04-12	2011-08-01
	30 SHRS SPDR KBW REGIONAL BENKIN	P	2011-04-12	2011-08-10
	63 SHRS SPDR KBW REGIONAL BENKIN	P	2011-04-12	2011-08-11
	9 SHRS HEINZ H J CO PV 25CT	P	2011-04-12	2011-08-23
	30 SHRS JUNIPER NETWORKS INC	P	2011-04-12	2011-07-27
	10 SHRS JPMORGAN CHASE &CO	P	2011-04-12	2011-08-12
	6 SHRS JPMORGAN CHASE &CO	P	2011-04-12	2011-08-12
	20 SHRS LIFE TECHNOLOGIES CORPORATION	P	2011-04-12	2011-07-29
	14 SHRS LIMITED BRANDS INC	P	2011-04-12	2011-08-08
	15 SHRS MARATHON PETROLEUM CORP	P	2011-04-12	2011-08-08
	5 SHRS MARATHON PETROLEUM CORP	P	2011-06-22	2011-08-08
	27 SHRS PINNACLE WEST CAP CORP	P	2011-04-12	2011-08-02
	9 SHRS RADWARE LTD COM	P	2011-04-12	2011-08-23
	24 SHRS SECTOR SPDR FINANCIAL	P	2011-04-12	2011-08-08
	27 SHRS SECTOR SPDR FINANCIAL	P	2011-04-12	2011-08-08
	50 SHRS SECTOR SPDR FINANCIAL	P	2011-04-12	2011-08-10
	25 SHRS TRAVELERS COS INC	P	2011-04-12	2011-07-26
	15 SHRS VERIFONE SYSTEMS	P	2011-04-12	2011-08-08
	1 SHR ALTERA CORP	P	2011-04-12	2011-09-07
	12 SHRS AGILENT TECHNOLOGIES INC	P	2011-04-12	2011-09-21
	8 SHRS AGILENT TECHNOLOGIES INC	P	2011-05-13	2011-09-21
	1 SHR APPLE INC	P	2011-04-12	2011-09-26
	9 SHRS CATERPILLAR INC DEL	P	2011-04-12	2011-09-12
	10 SHRS HALLIBURTON COMPANY	P	2011-04-12	2011-09-14
	40 SHRS INVESCO LTD	P	2011-04-12	2011-09-16
	11 SHRS PNC FINCL SERVICES GROUP	P	2011-04-12	2011-09-19
	12 SHRS PNC FINCL SERVICES GROUP	P	2011-04-12	2011-09-20
	9 SHRS UNITED PARCEL SVC CL B	P	2011-04-12	2011-09-19
	31 SHRS US BANCORP (NEW)	P	2011-08-12	2011-09-16
	16 SHRS ABBOTT LABS	P	2011-04-12	2011-10-05
	7 SHRS COOPER COS INC COM NEW	P	2011-04-12	2011-10-12
	2 SHRS CHEVRON CORP	P	2011-04-12	2011-10-21
	6 SHRS GARDNER DENVER INC	P	2011-09-14	2011-10-21
	4 SHRS GARDNER DENVER INC	P	2011-09-22	2011-10-21
	5 SHRS JONES LANG LASALLE INC	P	2011-04-12	2011-10-03
	10 SHRS LABORATORY CP AMER HLDS	P	2011-04-12	2011-10-05
	18 SHRS POLYCOM INC COM	P	2011-06-01	2011-10-20
	12 SHRS POLYCOM INC COM	P	2011-07-14	2011-10-20
	10 SHRS POLARIS INDUSTRIES COM	P	2011-04-21	2011-10-18
	30 SHRS SYSCO CORPORATION	P	2011-07-11	2011-10-12
	16 SHRS UNITEDHEALTH GROUP INC	P	2011-05-03	2011-10-14
	8 SHRS UNITEDHEALTH GROUP INC	P	2011-05-17	2011-10-14
	9 SHRS VIACOM INC NEW CL B	P	2011-04-12	2011-10-03
	24 SHRS ARCHER DANIELS MIDLD	P	2009-12-08	2011-04-14
	14 SHRS ARCHER DANIELS MIDLD	P	2009-12-08	2011-04-15
	4 SHRS FORD MOTOR CO	P	2009-05-19	2011-04-15
	77 SHRS FORD MOTOR CO	P	2009-06-05	2011-04-15
	100 SHRS FORD MOTOR CO	P	2009-07-07	2011-04-15
	23 SHRS FORD MOTOR CO	P	2009-09-30	2011-04-15
	21 SHRS HALLIBURTON CO	P	2009-06-30	2011-04-19
	1 SHRS KROGER CO	P	2009-10-30	2011-04-14
	28 SHRS KROGER CO	P	2009-11-06	2011-04-14
	22 SHRS KROGER CO	P	2009-12-03	2011-04-14
	44 SHRS COMCAST CORP NEW CL A	P	2009-10-12	2011-05-11
	6 SHRS EATON CORP	P	2006-02-28	2011-04-27
	17 SHRS EATON CORP	P	2007-05-11	2011-04-27
	9 SHRS HSN INC	P	2009-12-18	2011-05-25
	53 SHRS INTEL CORP	P	2009-03-31	2011-05-11
	23 SHRS INTEL CORP	P	2009-04-09	2011-05-11
	1 SHR COMCAST CORP NEW CL A	P	2009-10-12	2011-06-24
	35 SHRS COMCAST CORP NEW CL A	P	2010-01-12	2011-06-24
	25 SHRS HALLIBURTON CO	P	2009-06-30	2011-06-24
	11 SHRS HSN INC	P	2009-12-30	2011-05-26
	8 SHRS KROGER CO	P	2009-12-03	2011-06-24
	27 SHRS KROGER CO	P	2009-12-31	2011-06-24
	22 SHRS PEPSICO	P	2010-01-27	2011-06-24
	3 SHRS SCHLUMBERGER LTD	P	2006-12-18	2011-06-24
	7 SHRS SCHLUMBERGER LTD	P	2006-12-21	2011-06-24
	7 SHRS SCHLUMBERGER LTD	P	2007-05-11	2011-06-24
	10 SHRS COLGATE PALMOLIVE	P	2010-08-09	2011-06-23
	1 SHRS COLGATE PALMOLIVE	P	2010-08-16	2011-06-23
	17 SHRS PHILIP MORRIS INTL INC	P	2010-03-07	2011-06-23
	34 SHRS COVIDIEN PLC SHS NEW	P	2008-04-07	2011-07-25
	16 SHRS COVIDIEN PLC SHS NEW	P	2008-04-24	2011-07-25
	4 SHRS COVIDIEN PLC SHS NEW	P	2008-07-17	2011-07-25
	37 SHRS DELTA AIR LINES INC	P	2008-12-17	2011-07-21
	48 SHRS DELTA AIR LINES INC	P	2008-12-17	2011-07-22
	2 SHRS HERTZ GLOBAL HOLDINGS IN	P	2008-11-16	2011-07-07
	8 SHRS HERTZ GLOBAL HOLDINGS IN	P	2008-11-19	2011-07-07
	14 SHRS HERTZ GLOBAL HOLDINGS IN	P	2007-11-19	2011-07-08
	14 SHRS BANK NEW YOUR MELLON	P	2008-07-18	2011-08-18
	2 SHRS BANK NEW YOUR MELLON	P	2008-11-04	2011-08-18
	11 SHRS BANK NEW YOUR MELLON	P	2008-11-07	2011-08-18
	9 SHRS BANK NEW YOUR MELLON	P	2008-11-07	2011-08-19
	6 SHRS BANK NEW YOUR MELLON	P	2008-11-19	2011-08-19
	17 SHRS BANK NEW YOUR MELLON	P	2008-11-19	2011-08-22
	18 SHRS COMCAST CORP NEW CL A	P	2010-01-12	2011-08-18
	22 SHRS CATERPILLAR INC DEL	P	2010-01-12	2011-08-19
	7 SHRS DELTA AIR LINES INC	P	2007-07-25	2011-08-19
	39 SHRS DELTA AIR LINES INC	P	2008-12-17	2011-08-15
	15 SHRS DELTA AIR LINES INC	P	2008-12-18	2011-08-15
	19 SHRS DELTA AIR LINES INC	P	2008-12-18	2011-08-16
	12 SHRS DELTA AIR LINES INC	P	2008-12-31	2011-08-16
	24 SHRS DELTA AIR LINES INC	P	2008-12-31	2011-08-22
	10 SHRS BANK NEW YOUR MELLON	P	2008-11-19	2011-09-20
	23 SHRS BANK NEW YOUR MELLON	P	2010-04-14	2011-09-20
	17 SHRS CARNIVAL CORP PAIRED	P	2009-03-13	2011-09-20
	9 SHRS CARNIVAL CORP PAIRED	P	2009-03-13	2011-09-22
	44 SHRS E M C CORPORATION MASS	P	2009-03-16	2011-09-22
	20 SHRS HERTZ GLOBAL HOLDINGS IN	P	2007-11-19	2011-09-14
	25 SHRS HERTZ GLOBAL HOLDINGS IN	P	2007-12-12	2011-09-14
	19 SHRS HERTZ GLOBAL HOLDINGS IN	P	2007-12-13	2011-09-14
	1 SHRS HERTZ GLOBAL HOLDINGS IN	P	2007-12-31	2011-09-14
	25 SHRS MORGAN STANLEY	P	2009-03-19	2011-09-23
	12 SHRS MORGAN STANLEY	P	2009-04-02	2011-09-23
	27 SHRS STATE STREET CORP	P	2009-04-13	2011-09-21
	4 SHRS STATE STREET CORP	P	2009-04-13	2011-09-22
	17 SHRS STATE STREET CORP	P	2009-05-12	2011-09-22
	15 SHRS SCHLUMBERGER LTD	P	2007-05-11	2011-09-23
	30 SHRS SUNTRUST BKS INC	P	2009-06-30	2011-09-20
	1 SHRS WELLS FARGO & CO NEW DEL	P	2007-10-18	2011-09-19
	43 SHRS WELLS FARGO & CO NEW DEL	P	2007-11-16	2011-09-19
	29 SHRS INTL PAPER CO	P	2010-11-10	2011-09-23
	5 SHRS EATON CORP	P	2007-05-11	2011-10-24
	12 SHRS EATON CORP	P	2007-07-24	2011-10-24
	7 SHRS EATON CORP	P	2008-04-23	2011-10-24
	40 SHRS KEYCORP NEW	P	2010-04-09	2011-10-21
	2 SHRS STATE STREET CORP	P	2009-05-12	2011-10-19
	16 SHRS STATE STREET CORP	P	2009-05-27	2011-10-19
	12 SHRS STATE STREET CORP	P	2010-04-01	2011-10-19
	9 SHRS UNITEDHEALTH GROUP	P	2009-02-24	2011-10-10
	7 SHRS LAZRD EMRG MKTS	P	2009-08-10	2011-10-04
	1 SHR LAZRD EMRG MKT	P	2011-08-10	2011-10-04
	255 SHRS AM CENTY BNHM INTL BD FD	P	2010-10-28	2011-02-22
	5386 SHRS AM CENTY BNHM INTL BD FD	P	2009-12-30	2011-02-22
	219 SHRS CISCO SYSTEMS INC	P	2008-09-18	2010-11-11
	13 SHRS CISCO SYSTEMS INC	P	2009-04-15	2011-11-11
	3 SHRS PRICELINE COM	P	2008-11-06	2010-11-17
	17 SHRS TEVA PHARMACTCL INDS ADR	P	2008-11-06	2010-11-02
	43 SHRS DICKS SPORTING GOODS INC	P	2010-08-06	2010-11-04
	16 SHRS DICKS SPORTING FOODS INC	P	2010-08-19	2010-11-04
	12 SHRS DRESSER RAND GROUP INC	P	2010-03-25	2010-10-29
	25 SHRS DRESSER RAND GROUP INC	P	2010-03-29	2010-10-29
	16 SHRS DRESSER RAND GROUP INC	P	2010-03-30	2010-10-29
	22 SHRS FLOWSERVE CORP	P	2010-03-31	2010-10-28
	95 SHRS MICROSOFT CORP	P	2010-11-03	2010-11-19
	44 SHRS PETROLEO BRAS SA ADR	P	2010-09-24	2010-11-10
	3 SHRS PETROLEO BRAS SA ADR	P	2010-09-24	2010-11-10
	38 SHRS PETROLEO BRAS SA ADR	P	2010-09-28	2010-11-10
	8 SHRS PEABODY ENERGY CORP COM	P	2010-03-17	2010-11-24
	16 SHRS TEXAS INSTRUMENTS	P	2010-10-07	2010-11-24
	16 SHRS URBAN OUTFITTERS INC	P	2010-04-08	2010-11-01
	14 SHRS URBAN OUTFITTERS INC	P	2010-04-30	2010-11-01
	2 SHRS URBAN OUTFITTERS INC	P	2010-04-30	2010-11-02
	10 SHRS URBAN OUTFITTERS INC	P	2010-05-07	2010-11-02
	25 SHRS KOHLS COR WISC	P	2008-11-06	2010-12-09
	1 SHR PRICELINE COM	P	2008-11-06	2010-11-29
	29 SHRS TEVA PHARMACRCL INDS ADR	P	2008-11-06	2010-12-01
	22 SHRS TEVA PHARMACRCL INDS ADR	P	2009-02-17	2010-12-01
	13 SHRS VISA INC CL A SHRS	P	2008-11-06	2010-12-16
	17 SHRS VISA INC CL A SHRS	P	2008-11-06	2010-12-17
	12 SHRS AMERICA TOWER CORP CL A	P	2010-06-03	2010-11-29
	3 SHRS CTRIP.CO INTL LDT ADR	P	2010-09-28	2010-12-01
	7 SHRS CTRIP.COM INTL LTD ADR	P	2010-09-28	2010-12-02
	12 SHRS CTRIP.COM INTL LTD ADR	P	2010-09-28	2010-12-08
	4 SHRS CTRIP.COM INTL LTD ADR	P	2010-09-28	2010-12-15
	10 SHRS CTRIP.COM INTL LTD ADR	P	2010-09-29	2010-12-15
	16 SHRS CTRIP.COM INTL LTD ADR	P	2010-10-04	2010-12-15
	2 SHRS APPLE INC	P	2008-11-06	2011-01-20
	4 SHRS DEERE CO	P	2009-12-14	2011-01-21
	4 SHRS DEERE CO	P	2009-12-15	2011-01-21
	23 SHRS KOHLS CORP WISC PV 1CT	P	2008-11-06	2011-01-07
	6 SHRS KOHLS CORP WISC PV 1CT	P	2008-11-06	2011-01-12
	27 SHRS ORACLE CORP	P	2007-10-23	2011-01-14
	1 SHR PRICELINE COM	P	2008-11-06	2011-01-06
	1 SHR PRICELINE COM	P	2008-11-06	2011-01-11
	1 SHR PRICELINE COM	P	2008-11-06	2011-01-12
	12 SHRS QUALCOMM INC	P	2008-11-06	2011-01-21
	9 SHRS AMPHENOL CORP CL A NEW	P	2010-05-06	2011-01-11
	8 SHRS AMPHENOL CORP CL A NEW	P	2010-05-06	2011-01-26
	21 SHRS KOHLS CORP WISC PV	P	2010-10-06	2011-01-12
	6 SHRS VNMARE, INC.	P	2010-12-08	2011-01-19
	3 SHRS CELGENE CORP COM	P	2009-10-08	2011-02-03
	21 SHRS CELGENE CORP COM	P	2009-10-08	2011-02-03
	19 SHRS CELGENE CORP COM	P	2010-01-08	2011-02-03
	7 SHRS CLIFFS NATURAL RESOURCES	P	2009-11-13	2011-02-09
	7 SHRS CLIFFS NATURAL RESOURCES	P	2009-11-13	2011-02-17
	6 SHRS CLIFFS NATURAL RESOURCES	P	2009-11-13	2011-02-23
	1 SHR GIIGKE UBC CK A	P	2008-11-06	2011-01-28
	19 SHRS PEPSICO INC	P	2010-01-14	2011-01-28
	12 SHRS PEPSICO INC	P	2010-01-15	2011-01-28
	8 SHRS PEPSICO INC	P	2010-01-19	2011-01-28
	2 SHRS SCHLUMBERGER LTD	P	2009-11-19	2011-02-08
	6 SHRS AMPHENOL CORP CL A NEW	P	2010-05-06	2011-02-07
	4 SHRS AMPHENOL CORP CL A NEW	P	2010-05-06	2011-02-08
	1 SHR AMPHENOL CORP CL A NEW	P	2010-05-07	2011-02-08
	14 SHRS AMPHENOL CORP CL A NEW	P	2010-05-07	2011-02-08
	11 SHRS AMPHENOL CORP CL A NEW	P	2010-05-11	2011-02-08
	17 SHRS AGILENT TECHNOLOGIES INC	P	2010-04-15	2011-02-15
	12 SHRS AGILENT TECHNOLOGIES INC	P	2010-04-15	2011-02-23
	12 SHRS ASML HLDG N V NEW YOURK	P	2010-11-19	2011-02-23
	9 SHRS AUTODESK INC	P	2010-05-21	2011-02-17
	3 SHRS CITRIX SYSTEMS INC	P	2010-03-19	2011-02-17
	3 SHRS CITRIX SYSTEMS INC	P	2010-03-19	2011-02-23
	132 SHRS CISCO SYSTEMS INC	P	2010-02-08	2011-02-10
	9 SHRS FMC TECHS INC	P	2010-07-02	2011-01-28
	2 SHRS FMC TECHS INC	P	2010-07-02	2011-02-01
	12 SHRS HALLIBURTON COMPANY	P	2010-11-10	2011-02-09
	5 SHRS HEWLETT PACKARD CO	P	2011-01-07	2011-02-10
	7 SHRS HEWLETT PACKARD CO	P	2011-01-07	2011-02-10
	2 SHRS HEWLETT PACKARD CO	P	2011-01-07	2011-02-10
	23 SHRS HEWLETT PACKARD CO	P	2011-01-07	2011-02-23
	25 SHRS HEWLETT PACKARD CO	P	2011-01-12	2011-02-23
	16 SHRS JUNIPER NETWORKS INC	P	2010-10-26	2011-02-23
	5 SHRS NETFLIX COM INC	P	2010-08-05	2011-02-15
	3 SHRS NETAPP INC	P	2010-06-15	2011-02-17
	11 SHRS SHIRE PLC-ADR	P	2010-02-19	2011-02-10
	2 SHRS SCHLUMBERGER LTD	P	2010-02-08	2011-02-08
	5 SHRS CLIFF NATURAL RESOURCES	P	2009-11-13	2011-02-24
	2 SHRS CLIFF NATURAL RESOURCES	P	2009-11-16	2011-02-24
	5 SHRS PEABODY ENERGY CORP COM	P	2010-03-17	2011-03-21
	1 SHR AGILIENT TECHNOLOGIES INC	P	2010-04-15	2011-02-25
	13 SHRS AGILENT TECHNOLOGIES INC	P	2010-04-16	2011-02-25
	7 SHRS AGILENT TECHNOLOGIES INC	P	2010-04-16	2011-03-01
	7 SHRS AGILENT TECHNOLOGIES INC	P	2010-04-16	2011-03-01
	14 SHRS AGILENT TECHNOLOGIES INC	P	2010-05-10	2011-03-01
	14 SHRS GREEN MOUNTAIN COFFEE ROS	P	2010-05-06	2011-03-10
	6 SHRS NETFLIX COM INC	P	2010-08-06	2011-03-09
	8 SHRS NETAPP INC	P	2010-06-15	2011-03-11
	15 SHRS NIKE INC CL B	P	2010-10-08	2011-03-18
	9 SHRS NIKE INC CL B	P	2010-10-11	2011-03-18
	6 SHRS NIKE INC CL B	P	2010-10-12	2011-03-18
	7 SHRS NIKE INC CL B	P	2011-03-04	2011-03-18
	5 SHRS CLIFF NATURAL RESOURCES	P	2009-11-16	2011-04-08
	4 SHRS CLIFF NATURAL RESOURCES	P	2009-11-16	2011-04-15
	7 SHRS GOLDMAN SACHS GROUP INC	P	2009-03-26	2011-04-19
	2 SHRS GOLDMAN SACHS GROUP INC	P	2009-04-08	2011-04-19
	2 SHRS GOOGLE INC CL A	P	2008-11-06	2011-04-15
	1 SHR GOOGLE INC CL A	P	2008-11-06	2011-04-19
	3 SHRS PRICELINE COM	P	2008-11-06	2011-04-06
	7 SHRS PEABODY ENERGY CORP	P	2010-03-17	2011-04-08
	6 SHRS ASML HLDG N V NEW YORK	P	2010-11-19	2011-03-30
	20 SHRS ASML HLDG N V NEW YORK	P	2010-11-19	2011-04-13
	10 SHRS ASML HLDG N V NEW YORK	P	2010-11-23	2011-04-13
	28 SHRS ASML HLDG N V NEW YORK	P	2010-11-23	2011-04-14
	9 SHRS ASML HLDG N V NEW YORK	P	2010-12-08	2011-04-14
	3 SHRS CERNER CORP	P	2010-07-22	2011-04-08
	14 SHRS GREEN MOUNTAIN COFFEE ROS	P	2010-05-06	2011-04-05
	3 SHRS GREEN MOUNTAIN COFFEE ROS	P	2010-05-06	2011-04-05
	.238 NIKE INC CL B	P	2011-04-04	2011-04-26
	13 SHRS PETROLEO BRAS SA ADR	P	2011-02-24	2011-04-12
	24 SHRS PETROLEO BRAS SA ADR	P	2011-02-24	2011-04-13
	3 SHRS PETROLEO BRAS SA ADR	P	2011-02-24	2011-04-14
	41 SHRS PETROLEO BRAS SA ADR	P	2011-02-24	2011-04-14
	12 SHRS PEABODY ENERGY CORP COM	P	2010-04-12	2011-04-08
	3 SHRS PEABODY ENERGY CORP COM	P	2010-04-12	2011-04-08
	12 SHRS PEABODY ENERGY CORP COM	P	2010-06-15	2011-04-08
	2 SHRS PEABODY ENERGY CORP COM	P	2010-06-15	2011-04-11
	7 SHRS BAIDU INC SPON ADR	P	2010-01-14	2011-04-28
	3 SHRS BAIDU INC SPON ADR	P	2010-01-14	2011-05-03
	3 SHRS CITRIX SYSTEMS INC COM	P	2010-03-22	2011-04-28
	51 SHRS COGNIZANT TECH SOUTNS A	P	2008-11-06	2011-05-03
	1 SHR GOLDMAN SACHS GROUP INC	P	2009-04-08	2011-04-28
	2 SHRS GOLDMAN SACHS GROUP INC	P	2009-06-05	2011-04-28
	5 SHRS GOLDMAN SACHS GROUP INC	P	2009-09-01	2011-04-28
	6 SHRS GOLDMAN SACHS GROUP INC	P	2009-09-01	2011-05-06
	1 SHR GOLDMAN SACHS GROUP INC	P	2009-09-01	2011-05-12
	7 SHRS GOLDMAN SACHS GROUP INC	P	2010-01-22	2011-05-12
	9 SHRS LAUDER ESTEE COS INC A	P	2010-04-26	2011-05-10
	1 SHR PRICELINE COM	P	2008-11-06	2011-05-02
	1 SHR PRICELINE COM	P	2008-12-11	2011-05-02
	1 SHR PRICELINE COM	P	2008-12-11	2011-05-03
	1 SHR PRICELINE COM	P	2008-12-11	2011-05-04
	2 SHRS PRICELINE COM	P	2008-12-11	2011-05-06
	6 SHRS GOLDMAN SACHS GROUP INC	P	2010-07-16	2011-05-12
	6 SHRS GOLDMAN SACHS GROUP INC	P	2010-09-22	2011-05-12
	4 SHRS GOLDMAN SACHS GROUP INC	P	2010-10-20	2011-05-12
	9 SHRS INTUIT INC COM	P	2010-08-24	2011-05-18
	6 SHRS WALTER ENERGY INC	P	2010-10-11	2011-04-27
	1 SHR GOOGLE INC CL A	P	2008-11-26	2011-06-20
	1 SHR GOOGLE INC CL A	P	2009-05-21	2011-06-20
	19 SHRS JPMORGAN CHASE & CO	P	2009-03-23	2011-06-08
	8 SHRS JPMORGAN CHASE & CO	P	2009-03-23	2011-06-24
	5 SHRS JPMORGAN CHASE & CO	P	2009-09-10	2011-06-24
	7 SHRS SHIRE PLC-ADR	P	2010-02-19	2011-06-03
	2 SHRS SHIRE PLC-ADR	P	2010-03-12	2011-06-03
	7 SHRS YUM BRANDS INC	P	2010-04-13	2011-06-21
	2 SHRS YUM BRANDS INC	P	2010-04-13	2011-06-22
	23 SHRS DOLLAR GENERAL CORP	P	2010-12-09	2011-06-01
	18 SHRS DOLLAR GENERAL CORP	P	2010-12-09	2011-06-01
	16 SHRS DOLLAR GENERAL CORP	P	2010-12-09	2011-06-02
	25 SHRS DOLLAR GENERAL CORP	P	2010-12-15	2011-06-02
	5 SHRS DOLLAR GENERAL CORP	P	2010-12-15	2011-06-03
	48 SHRS FORD MOTOR COMPANY	P	2010-11-08	2011-06-24
	48 SHRS FORD MOTOR COMPANY	P	2010-11-08	2011-06-24
	13 SHRS JUNIPER NETWORKS INC	P	2010-10-26	2011-06-01
	4 SHRS JUNIPER NETWORKS INC	P	2010-10-27	2011-06-01
	7 SHRS JUNIPER NETWORKS INC	P	2010-10-27	2011-06-07
	11 SHRS JUNIPER NETWORKS INC	P	2010-10-29	2011-06-07
	5 SHRS JUNIPER NETWORKS INC	P	2010-11-01	2011-06-07
	8 SHRS JUNIPER NETWORKS INC	P	2010-11-03	2011-06-07
	13 SHRS JUNIPER NETWORKS INC	P	2010-04-12	2011-06-07
	26 SHRS EXPRESS SCRIPTS INC COM	P	2010-02-04	2011-07-21
	8 SHRS EXPRESS SCRIPTS INC COM	P	2010-03-03	2011-07-21
	22 SHRS ILLINOIS TOOL WORKS INC	P	2010-04-22	2011-07-26
	2 SHRS YUM BRANDS INC	P	2010-04-13	2011-06-29
	34 SHRS FORD MOTOR CO	P	2010-11-08	2011-07-26
	30 SHRS FORD MOTOR CO	P	2010-11-11	2011-07-26
	42 SHRS FORD MOTOR CO	P	2011-01-05	2011-07-26
	19 SHRS SCHWAB CHARLES CORP NEW	P	2011-01-24	2011-07-06
	42 SHRS SCHWAB CHARLES CORP NEW	P	2011-01-24	2011-07-07
	94 SHRS SCHWAB CHARLES CORP NEW	P	2011-01-24	2011-07-08
	15 SHRS TEXAS INSTRUMENTS	P	2010-10-07	2011-07-12
	14 SHRS TEXAS INSTRUMENTS	P	2010-10-07	2011-07-19
	5 SHRS TEXAS INSTRUMENTS	P	2010-10-14	2011-07-19
	18 SHRS VNWARE, INC.	P	2011-03-25	2011-07-07
	4 SHRS APPLE INC	P	2008-11-06	2011-07-28
	8 SHRS AUTODESK INC DEL PV	P	2010-05-21	2011-08-18
	15 SHRS AUTODESK INC DEL PV	P	2010-05-24	2011-08-18
	6 SHRS AUTODESK INC DEL PV	P	2010-05-24	2011-08-18
	15 SHRS AUTODESK INC DEL PV	P	2010-05-24	2011-08-19
	23 SHRS AUTODESK INC DEL PV	P	2010-05-28	2011-08-19
	15 SHRS AUTODESK INC DEL PV	P	2010-06-15	2011-08-19
	6 SHRS AUTODESK INC DEL PV	P	2010-06-15	2011-08-19
	8 SHRS AUTODESK INC DEL PV	P	2010-07-13	2011-08-19
	6 SHRS CERNER CORP	P	2010-07-22	2011-07-27
	6 SHRS GREEN MOUNTAIN COFFEE ROS	P	2010-05-06	2011-08-18
	13 SHRS DISNEY (WALT) CO COM STK	P	2011-02-09	2011-08-03
	15 SHRS DISNEY (WALT) CO COM STK	P	2011-02-09	2011-08-03
	6 SHRS DISNEY (WALT) CO COM STK	P	2011-02-09	2011-08-10
	33 SHRS DISNEY (WALT) CO COM STK	P	2011-02-10	2011-08-10
	21 SHRS DISNEY (WALT) CO COM STK	P	2011-03-18	2011-08-10
	17 SHRS DISNEY (WALT) CO COM STK	P	2011-04-13	2011-08-10
	16 SHRS FREEPRT-MCMRAN CRP & GLD	P	2011-06-06	2011-08-05
	13 SHRS FREEPRT-MCMRAN CRP & GLD	P	2011-06-06	2011-08-08
	10 SHRS FREEPRT-MCMRAN CRP & GLD	P	2011-06-09	2011-08-08
	1 SHRS FREEPRT-MCMRAN CRP & GLD	P	2011-06-09	2011-08-09
	17 SHRS FREEPRT-MCMRAN CRP & GLD	P	2011-06-10	2011-08-09
	37 SHRS MYLAN INC	P	2011-04-19	2011-08-03
	14 SHRS MYLAN INC	P	2011-04-20	2011-08-03
	8 SHRS MYLAN INC	P	2011-04-20	2011-08-08
	37 SHRS MYLAN INC	P	2011-04-20	2011-08-08
	6 SHRS MYLAN INC	P	2011-04-25	2011-08-08
	2 SHRS MYLAN INC	P	2011-04-25	2011-08-08
	17 SHRS MYLAN INC	P	2011-04-25	2011-08-09
	9 SHRS SCRIPPS NETWORKS	P	2010-10-28	2011-08-19
	11 SHRS SCRIPPS NETWORKS	P	2010-10-28	2011-08-24
	5 SHRS SCRIPPS NETWORKS	P	2010-10-29	2011-08-24
	1 SHR SCRIPPS NETWORKS	P	2010-10-29	2011-08-24
	13 SHRS TEXAS INSTRUMENTS	P	2010-10-14	2011-08-03
	5 SHRS TEXAS INSTRUMENTS	P	2010-10-15	2011-08-03
	21 SHRS TEXAS INSTRUMENTS	P	2010-10-15	2011-08-05
	12 SHRS TEXAS INSTRUMENTS	P	2011-05-06	2011-08-05
	9 SHRS TEXAS INSTRUMENTS	P	2011-05-13	2011-08-05
	8 SHRS TEXAS INSTRUMENTS	P	2011-05-17	2011-08-05
	8 SHRS TEXAS INSTRUMENTS	P	2011-05-31	2011-08-05
	5 SHRS APPLE INC	P	2008-11-06	2011-09-27
	8 SHRS CLIFFS NATURAL RESOURCES	P	2009-11-16	2011-09-21
	8 SHRS EXPRESS SCRIPTS INC COM	P	2010-03-03	2011-09-14
	12 SHRS EXPRESS SCRIPTS INC COM	P	2010-03-15	2011-09-14
	16 SHRS EXPRESS SCRIPTS INC COM	P	2010-03-15	2011-09-15
	7 SHRS EXPRESS SCRIPTS INC COM	P	2010-05-07	2011-09-15
	6 SHRS GREEN MOUNTN COFFEE ROS	P	2010-05-06	2011-09-13
	2 SHRS ILLINOIS TOOL WORKS INC	P	2010-04-22	2011-08-31
	8 SHRS ILLINOIS TOOL WORKS INC	P	2010-04-26	2011-08-31
	8 SHRS O'REILLY AUTOMOTIVE INC	P	2010-07-30	2011-09-13
	20 SHRS ORACLE CORP $0.01 DEL	P	2007-10-23	2011-09-06
	17 SHRS ALTERA CORP COM	P	2011-02-25	2011-09-06
	18 SHRS ALTERA CORP COM	P	2011-02-25	2011-09-07
	4 SHRS ALTERA CORP COM	P	2001-02-28	2011-09-07
	11 SHRS GOODRICH CORPORATION	P	2010-10-07	2011-09-19
	5 SHRS GOODRICH CORPORATION	P	2010-10-07	2011-09-20
	3 SHRS GOODRICH CORPORATION	P	2010-10-11	2011-09-20
	26 SHRS HALLIBURTON COMPANY	P	2010-11-10	2011-09-21
	38 SHRS HALLIBURTON COMPANY	P	2010-11-10	2011-09-21
	6 SHRS NETFLIX COM INC	P	2011-05-31	2011-09-20
	2 SHRS NETFLIX COM INC	P	2011-08-16	2011-09-20
	2 SHRS NETFLIX COM INC	P	2011-08-22	2011-09-20
	6 SHRS WALTER ENERGY INC	P	2010-10-11	2011-09-06
	3 SHRS WALTER ENERGY INC	P	2010-10-11	2011-09-21
	3 SHRS WALTER ENERGY INC	P	2010-10-12	2011-09-21
	2 SHRS WALTER ENERGY INC	P	2010-10-14	2011-09-21
	10 SHRS WALTER ENERGY INC	P	2010-10-19	2011-09-21
	3 SHRS AMAZON COM INC	P	2009-07-24	2011-10-26
	2 SHRS CENTER CORP COM	P	2009-07-22	2011-10-03
	4 SHRS CENTER CORP COM	P	2009-07-22	2011-10-04
	5 SHRS CENTER CORP COM	P	2009-07-23	2011-10-04
	7 SHRS GOODRICH CORPORATION	P	2010-10-11	2011-10-03
	7 SHRS GOODRICH CORPORATION	P	2010-10-13	2011-10-03
	2 SHRS GOODRICH CORPORATION	P	2011-04-21	2011-10-03
	2 SHRS GOODRICH CORPORATION	P	2011-04-21	2011-10-04
	8 SHRS GOODRICH CORPORATION	P	2011-05-04	2011-10-04
	12 SHRS SCRIPPS NETWORKS	P	2010-11-01	2011-10-04
	2 SHRS SCRIPPS NETWORKS	P	2010-11-01	2011-10-11
	12 SHRS SCRIPPS NETWORKS	P	2010-12-09	2011-10-11
	6 SHRS SCRIPPS NETWORKS	P	2011-01-19	2011-10-11
	4000 US TSY 4.000% FEB 15 2015	P	2009-09-08	2011-02-01
	6000 US TSY 4.000% FEB 15 2015	P	2009-09-16	2011-02-01
	4000 US TSY 4.000% FEB 15 2015	P	2009-10-09	2011-02-01
	2000 US TSY 4.000% FEB 15 2015	P	2009-10-29	2011-02-01
	2000 US TSY 4.000% FEB 15 2015	P	2009-12-31	2011-02-01
	2000 FNMA P889579 6%2038	P	2009-04-29	2011-02-09
	2000 FNMA P889579 6%2038	P	2009-04-29	2011-02-14
	37000 FNMA P190391 6%2038	P	2008-11-13	2011-02-09
	38000 FNMA P190391 6%2038	P	2008-11-13	2011-02-11
	1000 FNMA P992033 6%2038	P	2008-12-08	2011-02-09
	1000 FNMA P992033 6%2038	P	2008-12-08	2011-02-11
	2000 US TSY 2.375% OCT 31 2014	P	2010-04-29	2011-02-11
	17000 US TSY 2.375% OCT 31 2014	P	2010-10-19	2011-02-11
	7000 US TSY 2.500% JUN 30 2017	P	2010-08-19	2011-02-10
	22000 US TSY 2.375% JUL 31 2017	P	2010-08-13	2011-02-04
	11000 US TSY 2.375% JUL 31 2017	P	2010-08-17	2011-02-04
	1000 US TSY 2.375% JUL 31 2017	P	2010-12-30	2011-02-04
	22000 US TSY INFLATION NOTE	P	2009-03-25	2011-04-15
	2000 US TSY INFLATION NOTE	P	2009-09-04	2011-04-15
	1000 US TSY INFLATION NOTE	P	2010-05-13	2011-04-15
	1000 US TSY INFLATION NOTE	P	2010-06-22	2011-04-15
	RETURN OF PRINCIPLE-FNMA P745275	P	2009-07-22	2010-11-25
	RETURN OF PRINCIPLE-FNMA P735580	P	2009-04-29	2010-11-25
	RETURN OF PRINCIPLE-FNMA P889579	P	2009-04-29	2010-11-25
	RETURN OF PRINCIPLE-FNMA P190391	P	2009-11-12	2010-11-25
	RETURN OF PRINCIPLE-FNMA P992033	P	2008-12-08	2010-11-25
	RETURN OF PRINCIPLE-FNMA P889982	P	2009-07-22	2010-11-25
	RETURN OF PRINCIPLE-FNMA P745275	P	2009-07-22	2010-12-25
	RETURN OF PRINCIPLE-FNMA P735580	P	2009-04-29	2010-12-25
	RETURN OF PRINCIPLE-FNMA P889579	P	2009-04-29	2010-12-25
	RETURN OF PRINCIPLE-FNMA P190391	P	2009-11-12	2010-12-25
	RETURN OF PRINCIPLE-FNMA P992033	P	2008-12-08	2010-12-25
	RETURN OF PRINCIPLE-FNMA P889982	P	2009-07-22	2010-12-25
	RETURN OF PRINCIPLE-FNMA P745275	P	2009-07-22	2011-01-25
	RETURN OF PRINCIPLE-FNMA P735580	P	2009-04-29	2011-01-25
	RETURN OF PRINCIPLE-FNMA P889579	P	2009-04-29	2011-01-25
	RETURN OF PRINCIPLE-FNMA P190391	P	2009-11-12	2011-01-25
	RETURN OF PRINCIPLE-FNMA P992033	P	2008-12-08	2011-01-25
	RETURN OF PRINCIPLE-FNMA P889982	P	2009-07-22	2011-01-25
	RETURN OF PRINCIPLE-FNMA P745275	P	2009-07-22	2011-02-25
	RETURN OF PRINCIPLE-FNMA P735580	P	2009-04-29	2011-02-25
	RETURN OF PRINCIPLE-FNMA P889579	P	2009-04-29	2011-02-25
	RETURN OF PRINCIPLE-FNMA P190391	P	2009-11-12	2011-02-25
	RETURN OF PRINCIPLE-FNMA P992033	P	2008-12-08	2011-02-25
	RETURN OF PRINCIPLE-FNMA P889982	P	2009-07-22	2011-02-25
	RETURN OF PRINCIPLE-FNMA PAH3401	P	2011-02-08	2011-03-25
	RETURN OF PRINCIPLE-FNMA P745275	P	2009-07-22	2011-03-25
	RETURN OF PRINCIPLE-FNMA P735580	P	2009-04-29	2011-03-25
	RETURN OF PRINCIPLE-FNMA P889579	P	2009-04-29	2011-03-25
	RETURN OF PRINCIPLE-FNMA P889572	P	2011-02-08	2011-03-25
	RETURN OF PRINCIPLE-FNMA P190391	P	2009-11-12	2011-03-25
	RETURN OF PRINCIPLE-FNMA P992033	P	2008-12-08	2011-03-25
	RETURN OF PRINCIPLE-FNMA P889982	P	2009-07-22	2011-03-25
	RETURN OF PRINCIPLE-FNMA PAH3401	P	2011-02-08	2011-04-25
	RETURN OF PRINCIPLE-FNMA PAL0065	P	2011-03-17	2011-04-25
	RETURN OF PRINCIPLE-FNMA P745275	P	2009-07-22	2011-04-25
	RETURN OF PRINCIPLE-FNMA P735580	P	2009-04-29	2011-04-25
	RETURN OF PRINCIPLE-FNMA P889579	P	2009-04-29	2011-04-25
	RETURN OF PRINCIPLE-FNMA P889572	P	2011-02-08	2011-04-25
	RETURN OF PRINCIPLE-FNMA P190391	P	2009-11-12	2011-04-25
	RETURN OF PRINCIPLE-FNMA P992033	P	2008-12-08	2011-04-25
	RETURN OF PRINCIPLE-FNMA P889982	P	2009-07-22	2011-04-25
	RETURN OF PRINCIPLE-FNMA PAE0392	P	2011-04-25	2011-05-25
	RETURN OF PRINCIPLE-FNMA PAH3401	P	2011-02-08	2011-05-25
	RETURN OF PRINCIPLE-FNMA PAL0065	P	2011-03-17	2011-05-25
	RETURN OF PRINCIPLE-FNMA P745275	P	2009-07-22	2011-05-25
	RETURN OF PRINCIPLE-FNMA P735580	P	2009-04-29	2011-05-25
	RETURN OF PRINCIPLE-FNMA P889579	P	2009-04-29	2011-05-25
	RETURN OF PRINCIPLE-FNMA P889572	P	2011-02-08	2011-05-25
	RETURN OF PRINCIPLE-FNMA P190391	P	2009-11-12	2011-05-25
	RETURN OF PRINCIPLE-FNMA P992033	P	2008-12-08	2011-05-25
	RETURN OF PRINCIPLE-FNMA P889982	P	2009-07-22	2011-05-25
	RETURN OF PRINCIPLE-FNMA PAE0392	P	2011-04-25	2011-06-25
	RETURN OF PRINCIPLE-FNMA PAH3401	P	2011-02-08	2011-06-25
	RETURN OF PRINCIPLE-FNMA PAL0065	P	2011-03-17	2011-06-25
	RETURN OF PRINCIPLE-FNMA P745275	P	2009-07-22	2011-06-25
	RETURN OF PRINCIPLE-FNMA P735580	P	2009-04-29	2011-06-25
	RETURN OF PRINCIPLE-FNMA P889579	P	2009-04-29	2011-06-25
	RETURN OF PRINCIPLE-FNMA P889572	P	2011-02-08	2011-06-25
	RETURN OF PRINCIPLE-FNMA P190391	P	2009-11-12	2011-06-25
	RETURN OF PRINCIPLE-FNMA P992033	P	2008-12-08	2011-06-25
	RETURN OF PRINCIPLE-FNMA P889982	P	2009-07-22	2011-06-25
	RETURN OF PRINCIPLE-FHLMC GO 5671	P	2011-06-17	2011-07-25
	RETURN OF PRINCIPLE-FNMA PAE0392	P	2011-04-25	2011-07-25
	RETURN OF PRINCIPLE-FNMA PAH3401	P	2011-02-08	2011-07-25
	RETURN OF PRINCIPLE-FNMA PAL0065	P	2011-03-17	2011-07-25
	RETURN OF PRINCIPLE-FNMA P745275	P	2009-07-22	2011-07-25
	RETURN OF PRINCIPLE-FNMA P735580	P	2009-04-29	2011-07-25
	RETURN OF PRINCIPLE-FNMA P889579	P	2009-04-29	2011-07-25
	RETURN OF PRINCIPLE-FNMA P889572	P	2011-02-08	2011-07-25
	RETURN OF PRINCIPLE-FNMA P190391	P	2009-11-12	2011-07-25
	RETURN OF PRINCIPLE-FNMA P992033	P	2008-12-08	2011-07-25
	RETURN OF PRINCIPLE-FNMA P889982	P	2009-07-22	2011-07-25
	RETURN OF PRINCIPLE-FHLMC GO 5671	P	2011-06-17	2011-08-25
	RETURN OF PRINCIPLE-FNMA PAE0392	P	2011-04-25	2011-08-25
	RETURN OF PRINCIPLE-FNMA PAH3401	P	2011-02-08	2011-08-25
	RETURN OF PRINCIPLE-FNMA PAL0065	P	2011-03-17	2011-08-25
	RETURN OF PRINCIPLE-FNMA P745275	P	2009-07-22	2011-08-25
	RETURN OF PRINCIPLE-FNMA P735580	P	2009-04-29	2011-08-25
	RETURN OF PRINCIPLE-FNMA P889579	P	2009-04-29	2011-08-25
	RETURN OF PRINCIPLE-FNMA P889572	P	2011-02-08	2011-08-25
	RETURN OF PRINCIPLE-FNMA P190391	P	2009-11-12	2011-08-25
	RETURN OF PRINCIPLE-FNMA P992033	P	2008-12-08	2011-08-25
	RETURN OF PRINCIPLE-FNMA P889982	P	2009-07-22	2011-08-25
	RETURN OF PRINCIPLE-FNMA PAA7937	P	2011-06-13	2011-08-25
	RETURN OF PRINCIPLE-FHLMC GO 5671	P	2011-06-17	2011-09-25
	RETURN OF PRINCIPLE-FNMA PAE0392	P	2011-04-25	2011-09-25
	RETURN OF PRINCIPLE-FNMA PAH3401	P	2011-02-08	2011-09-25
	RETURN OF PRINCIPLE-FNMA PAL0065	P	2011-03-17	2011-09-25
	RETURN OF PRINCIPLE-FNMA P745275	P	2009-07-22	2011-09-25
	RETURN OF PRINCIPLE-FNMA P735580	P	2009-04-29	2011-09-25
	RETURN OF PRINCIPLE-FNMA P889579	P	2009-04-29	2011-09-25
	RETURN OF PRINCIPLE-FNMA P889572	P	2011-02-08	2011-09-25
	RETURN OF PRINCIPLE-FNMA P190391	P	2009-11-12	2011-09-25
	RETURN OF PRINCIPLE-FNMA P992033	P	2008-12-08	2011-09-25
	RETURN OF PRINCIPLE-FNMA P889982	P	2009-07-22	2011-09-25
	RETURN OF PRINCIPLE-FNMA PAA7937	P	2011-06-13	2011-09-25
	47000 US TSY ZERO% 9/8/11 - REDEEMED	P	2009-09-09	2011-09-08
	RETURN OF PRINCIPLE-FHLMC GO 5671	P	2011-06-17	2011-10-25
	RETURN OF PRINCIPLE-FNMA PAE0392	P	2011-04-25	2011-10-25
	RETURN OF PRINCIPLE-FNMA PAH3401	P	2011-02-08	2011-10-25
	RETURN OF PRINCIPLE-FNMA PAL0065	P	2011-03-17	2011-10-25
	RETURN OF PRINCIPLE-FNMA P745275	P	2009-07-22	2011-10-25
	RETURN OF PRINCIPLE-FNMA P735580	P	2009-04-29	2011-10-25
	RETURN OF PRINCIPLE-FNMA P889579	P	2009-04-29	2011-10-25
	RETURN OF PRINCIPLE-FNMA P889572	P	2011-02-08	2011-10-25
	RETURN OF PRINCIPLE-FNMA P190391	P	2009-11-12	2011-10-25
	RETURN OF PRINCIPLE-FNMA P992033	P	2008-12-08	2011-10-25
	RETURN OF PRINCIPLE-FNMA P889982	P	2009-07-22	2011-10-25
	RETURN OF PRINCIPLE-FNMA PAA7937	P	2011-06-13	2011-10-25

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	249	255	-6
b	558	573	-15
c	1,019	929	90
d	540	571	-31
e	69	58	11
	39	33	6
	48	42	6
	51	45	6
	31	31	0
	300	291	9
	45	52	-7
	103	104	-1
	14	16	-2
	940	962	-22
	83	77	6
	33	31	2
	582	571	11
	26	27	-1
	17	18	-1
	94	90	4
	78	80	-2
	876	986	-110
	25	25	0
	377	418	-41
	22	20	2
	25	23	2
	557	510	47
	52	50	2
	278	246	32
	770	688	82
	1,008	1,030	-22
	43	38	5
	939	942	-3
	247	244	3
	34	32	2
	542	614	-72
	21	21	0
	35	33	2
	71	72	-1
	16	16	0
	312	307	5
	1,096	1,075	21
	63	60	3
	53	51	2
	253	232	21
	821	1,004	-183
	1,134	1,153	-19
	2,210	2,306	-96
	266	286	-20
	215	201	14
	683	812	-129
	660	814	-154
	442	408	34
	424	429	-5
	1,551	1,591	-40
	1,410	1,490	-80
	204	211	-7
	607	634	-27
	268	290	-22
	266	290	-24
	595	754	-159
	308	408	-100
	1,294	1,466	-172
	405	468	-63
	1,163	1,370	-207
	629	799	-170
	1,300	1,679	-379
	451	448	3
	748	1,143	-395
	373	373	0
	224	281	-57
	900	1,048	-148
	460	518	-58
	504	605	-101
	168	213	-45
	1,121	1,138	-17
	224	301	-77
	313	313	0
	352	443	-91
	618	821	-203
	1,410	1,330	80
	535	798	-263
	313	375	-62
	396	544	-148
	264	421	-157
	400	332	68
	752	960	-208
	380	448	-68
	741	996	-255
	545	696	-151
	605	759	-154
	584	663	-79
	746	702	44
	808	814	-6
	515	508	7
	210	208	2
	429	443	-14
	286	272	14
	249	523	-274
	765	934	-169
	266	529	-263
	177	372	-195
	533	530	3
	792	928	-136
	747	797	-50
	374	403	-29
	343	429	-86
	842	738	104
	492	431	61
	59	22	37
	1,135	487	648
	1,474	556	918
	339	166	173
	1,027	434	593
	25	23	2
	694	653	41
	545	492	53
	1,111	682	429
	327	209	118
	928	772	156
	295	161	134
	1,237	799	438
	537	367	170
	24	15	9
	826	582	244
	1,166	517	649
	356	211	145
	196	179	17
	661	557	104
	1,506	1,317	189
	245	195	50
	571	445	126
	571	519	52
	858	760	98
	86	76	10
	1,119	1,084	35
	1,708	1,552	156
	804	757	47
	201	193	8
	298	407	-109
	387	528	-141
	33	36	-3
	132	138	-6
	224	242	-18
	275	504	-229
	39	69	-30
	216	322	-106
	171	264	-93
	114	156	-42
	322	443	-121
	363	300	63
	448	366	82
	585	558	27
	283	429	-146
	109	167	-58
	144	212	-68
	91	135	-44
	174	271	-97
	205	260	-55
	470	735	-265
	591	343	248
	284	182	102
	897	826	71
	221	346	-125
	276	397	-121
	210	302	-92
	11	16	-5
	342	552	-210
	164	285	-121
	882	1,031	-149
	123	153	-30
	524	632	-108
	918	1,112	-194
	578	494	84
	24	33	-9
	1,035	1,334	-299
	721	755	-34
	220	227	-7
	528	605	-77
	308	294	14
	277	335	-58
	74	74	0
	590	700	-110
	442	550	-108
	414	216	198
	120	114	6
	5	6	-1
	3,534	3,530	4
	74,718	73,858	860
	4,504	4,938	-434
	267	231	36
	1,206	143	1,063
	855	688	167
	1,270	1,199	71
	473	430	43
	404	391	13
	841	790	51
	538	503	35
	2,278	2,426	-148
	2,443	2,576	-133
	1,410	1,363	47
	97	93	4
	1,224	1,204	20
	464	397	67
	487	420	67
	490	609	-119
	428	528	-100
	61	75	-14
	304	352	-48
	1,346	837	509
	404	48	356
	1,458	1,174	284
	1,106	1,013	93
	884	679	205
	1,139	888	251
	607	508	99
	132	144	-12
	305	335	-30
	527	574	-47
	166	191	-25
	414	480	-66
	663	740	-77
	662	198	464
	358	213	145
	358	213	145
	1,193	770	423
	311	201	110
	837	578	259
	435	48	387
	433	48	385
	434	48	386
	616	403	213
	468	399	69
	441	354	87
	1,090	1,113	-23
	566	516	50
	153	164	-11
	1,072	1,151	-79
	970	1,087	-117
	606	280	326
	701	280	421
	540	240	300
	610	331	279
	1,226	1,189	37
	774	746	28
	516	498	18
	176	130	46
	349	266	83
	229	177	52
	57	43	14
	798	600	198
	627	496	131
	737	603	134
	483	425	58
	511	414	97
	387	261	126
	216	145	71
	202	145	57
	2,539	2,891	-352
	821	489	332
	189	109	80
	538	417	121
	242	226	16
	343	316	27
	98	90	8
	987	1,037	-50
	1,073	1,141	-68
	656	516	140
	1,193	540	653
	162	123	39
	880	704	176
	264	190	74
	459	200	259
	184	87	97
	357	248	109
	42	35	7
	546	458	88
	287	247	40
	287	248	39
	575	472	103
	839	338	501
	1,177	654	523
	382	328	54
	1,159	1,229	-70
	695	738	-43
	464	493	-29
	541	629	-88
	496	218	278
	380	174	206
	1,053	785	268
	301	228	73
	1,081	661	420
	523	331	192
	1,519	143	1,376
	483	348	135
	266	207	59
	790	689	101
	395	339	56
	1,110	948	162
	357	317	40
	328	226	102
	921	338	583
	197	72	125
	18	19	-1
	443	460	-17
	800	850	-50
	100	106	-6
	1,361	1,460	-99
	829	578	251
	208	145	63
	831	501	330
	133	84	49
	1,030	326	704
	419	140	279
	256	145	111
	3,836	958	2,878
	150	114	36
	301	300	1
	752	814	-62
	900	977	-77
	142	163	-21
	993	1,107	-114
	921	638	283
	558	48	510
	558	66	492
	546	66	480
	530	66	464
	1,057	132	925
	851	898	-47
	851	895	-44
	567	639	-72
	489	387	102
	800	516	284
	482	292	190
	482	400	82
	774	485	289
	317	204	113
	198	214	-16
	645	448	197
	184	133	51
	389	289	100
	111	83	28
	750	718	32
	572	562	10
	513	500	13
	802	762	40
	157	152	5
	637	778	-141
	637	773	-136
	429	419	10
	132	128	4
	224	225	-1
	351	355	-4
	160	161	-1
	256	259	-3
	415	495	-80
	1,436	1,102	334
	442	396	46
	1,157	1,154	3
	111	83	28
	447	547	-100
	394	495	-101
	552	755	-203
	304	346	-42
	672	765	-93
	1,457	1,712	-255
	469	420	49
	435	392	43
	155	142	13
	1,848	1,467	381
	1,573	397	1,176
	213	232	-19
	400	444	-44
	160	178	-18
	382	444	-62
	586	679	-93
	382	422	-40
	153	170	-17
	204	207	-3
	373	226	147
	527	144	383
	479	565	-86
	549	652	-103
	185	261	-76
	1,018	1,435	-417
	648	874	-226
	524	714	-190
	726	799	-73
	571	649	-78
	439	497	-58
	44	50	-6
	743	835	-92
	760	884	-124
	288	350	-62
	148	200	-52
	685	918	-233
	111	150	-39
	37	50	-13
	309	424	-115
	361	450	-89
	440	550	-110
	200	251	-51
	40	50	-10
	376	369	7
	145	143	2
	568	599	-31
	324	427	-103
	243	319	-76
	216	274	-58
	216	280	-64
	2,029	496	1,533
	521	349	172
	348	396	-48
	522	594	-72
	654	792	-138
	286	345	-59
	661	144	517
	94	105	-11
	375	420	-45
	542	339	203
	520	428	92
	583	721	-138
	625	763	-138
	139	168	-29
	1,140	840	300
	523	382	141
	314	229	85
	940	903	37
	1,374	1,319	55
	791	1,607	-816
	264	489	-225
	264	412	-148
	445	516	-71
	200	258	-58
	200	255	-55
	134	174	-40
	668	849	-181
	603	259	344
	135	75	60
	262	151	111
	328	188	140
	843	534	309
	843	540	303
	241	176	65
	240	176	64
	958	693	265
	434	611	-177
	77	102	-25
	463	629	-166
	231	290	-59
	4,387	4,222	165
	6,580	6,322	258
	4,387	4,251	136
	2,193	2,114	79
	2,193	2,099	94
	848	848	0
	849	849	0
	16,627	16,627	0
	17,091	17,091	0
	175	175	0
	175	175	0
	2,045	2,005	40
	17,380	17,963	-583
	6,845	7,221	-376
	21,369	22,399	-1,030
	10,685	11,221	-536
	971	985	-14
	24,465	24,465	0
	2,224	2,224	0
	1,112	1,112	0
	1,112	1,112	0
	400	400	0
	43	43	0
	161	161	0
	1,267	1,267	0
	382	382	0
	553	553	0
	437	437	0
	49	49	0
	163	163	0
	1,465	1,465	0
	126	126	0
	525	525	0
	410	410	0
	45	45	0
	164	164	0
	1,502	1,502	0
	229	229	0
	541	541	0
	307	307	0
	31	31	0
	139	139	0
	1,468	1,468	0
	268	268	0
	427	427	0
	47	47	0
	245	245	0
	26	26	0
	88	88	0
	481	481	0
	246	246	0
	174	174	0
	326	326	0
	49	49	0
	94	94	0
	203	203	0
	22	22	0
	95	95	0
	470	470	0
	253	253	0
	177	177	0
	315	315	0
	181	181	0
	75	75	0
	71	71	0
	174	174	0
	21	21	0
	82	82	0
	416	416	0
	212	212	0
	149	149	0
	279	279	0
	172	172	0
	86	86	0
	120	120	0
	172	172	0
	17	17	0
	76	76	0
	431	431	0
	220	220	0
	133	133	0
	260	260	0
	47	47	0
	171	171	0
	111	111	0
	131	131	0
	268	268	0
	21	21	0
	74	74	0
	401	401	0
	197	197	0
	67	67	0
	268	268	0
	45	45	0
	185	185	0
	143	143	0
	172	172	0
	274	274	0
	22	22	0
	68	68	0
	383	383	0
	198	198	0
	97	97	0
	240	240	0
	25	25	0
	50	50	0
	175	175	0
	148	148	0
	262	262	0
	300	300	0
	26	26	0
	68	68	0
	416	416	0
	225	225	0
	98	98	0
	270	270	0
	20	20	0
	47,000	47,000	0
	46	46	0
	161	161	0
	257	257	0
	564	564	0
	325	325	0
	25	25	0
	62	62	0
	404	404	0
	194	194	0
	232	232	0
	281	281	0
	14	14	0

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			-6
b			-15
c			90
d			-31
e			11
			6
			6
			6
			0
			9
			-7
			-1
			-2
			-22
			6
			2
			11
			-1
			-1
			4
			-2
			-110
			0
			-41
			2
			2
			47
			2
			32
			82
			-22
			5
			-3
			3
			2
			-72
			0
			2
			-1
			0
			5
			21
			3
			2
			21
			-183
			-19
			-96
			-20
			14
			-129
			-154
			34
			-5
			-40
			-80
			-7
			-27
			-22
			-24
			-159
			-100
			-172
			-63
			-207
			-170
			-379
			3
			-395
			0
			-57
			-148
			-58
			-101
			-45
			-17
			-77
			0
			-91
			-203
			80
			-263
			-62
			-148
			-157
			68
			-208
			-68
			-255
			-151
			-154
			-79
			44
			-6
			7
			2
			-14
			14
			-274
			-169
			-263
			-195
			3
			-136
			-50
			-29
			-86
			104
			61
			37
			648
			918
			173
			593
			2
			41
			53
			429
			118
			156
			134
			438
			170
			9
			244
			649
			145
			17
			104
			189
			50
			126
			52
			98
			10
			35
			156
			47
			8
			-109
			-141
			-3
			-6
			-18
			-229
			-30
			-106
			-93
			-42
			-121
			63
			82
			27
			-146
			-58
			-68
			-44
			-97
			-55
			-265
			248
			102
			71
			-125
			-121
			-92
			-5
			-210
			-121
			-149
			-30
			-108
			-194
			84
			-9
			-299
			-34
			-7
			-77
			14
			-58
			0
			-110
			-108
			198
			6
			-1
			4
			860
			-434
			36
			1,063
			167
			71
			43
			13
			51
			35
			-148
			-133
			47
			4
			20
			67
			67
			-119
			-100
			-14
			-48
			509
			356
			284
			93
			205
			251
			99
			-12
			-30
			-47
			-25
			-66
			-77
			464
			145
			145
			423
			110
			259
			387
			385
			386
			213
			69
			87
			-23
			50
			-11
			-79
			-117
			326
			421
			300
			279
			37
			28
			18
			46
			83
			52
			14
			198
			131
			134
			58
			97
			126
			71
			57
			-352
			332
			80
			121
			16
			27
			8
			-50
			-68
			140
			653
			39
			176
			74
			259
			97
			109
			7
			88
			40
			39
			103
			501
			523
			54
			-70
			-43
			-29
			-88
			278
			206
			268
			73
			420
			192
			1,376
			135
			59
			101
			56
			162
			40
			102
			583
			125
			-1
			-17
			-50
			-6
			-99
			251
			63
			330
			49
			704
			279
			111
			2,878
			36
			1
			-62
			-77
			-21
			-114
			283
			510
			492
			480
			464
			925
			-47
			-44
			-72
			102
			284
			190
			82
			289
			113
			-16
			197
			51
			100
			28
			32
			10
			13
			40
			5
			-141
			-136
			10
			4
			-1
			-4
			-1
			-3
			-80
			334
			46
			3
			28
			-100
			-101
			-203
			-42
			-93
			-255
			49
			43
			13
			381
			1,176
			-19
			-44
			-18
			-62
			-93
			-40
			-17
			-3
			147
			383
			-86
			-103
			-76
			-417
			-226
			-190
			-73
			-78
			-58
			-6
			-92
			-124
			-62
			-52
			-233
			-39
			-13
			-115
			-89
			-110
			-51
			-10
			7
			2
			-31
			-103
			-76
			-58
			-64
			1,533
			172
			-48
			-72
			-138
			-59
			517
			-11
			-45
			203
			92
			-138
			-138
			-29
			300
			141
			85
			37
			55
			-816
			-225
			-148
			-71
			-58
			-55
			-40
			-181
			344
			60
			111
			140
			309
			303
			65
			64
			265
			-177
			-25
			-166
			-59
			165
			258
			136
			79
			94
			0
			0
			0
			0
			0
			0
			40
			-583
			-376
			-1,030
			-536
			-14
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0
			0

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	20,773
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 . . . . . . . . . . . . .		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? Yes No

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	26,000	1,218,204	0.021343
2008	59,538	1,093,293	0.054457
2007	82,032	1,436,778	0.057094
2006	82,172	1,508,462	0.054474
2005	0	1,350,039	0.0

2	Total of line 1, column (d) ......................	2	0.187368
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	0.037474
4	Enter the net value of noncharitable-use assets for 2010 from Part X, line 5.....	4	1,722,933
5	Multiply line 4 by line 3.......................	5	64,565
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	593
7	Add lines 5 and 6.........................	7	65,158
8	Enter qualifying distributions from Part XII, line 4..............	8	100,000
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)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	593
	hereand 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	593
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	593
6	Credits/Payments:

a	2010 estimated tax payments and 2009 overpayment credited to 2010	6a	1,600
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	1,600
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	1,007
11	Enter the amount of line 10 to be: Credited to 2011 estimated tax1,007	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of

the instructions for definition)?.............................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If “Yes,” attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If “Yes,” has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If “Yes,” attach the statement required by General Instruction T.

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?................

Yes

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.

Yes

Enter the states to which the foundation reports or with which it is registered (see page 19 of the

instructions) bullet

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 .

Yes

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...........................

Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.

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) .......

Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

JAFFE RAITT HEUER WEISS PC Telephone no. bullet

(248) 351-3000

Located at bullet

27777 FRANKLIN ROAD SUITE 2500SOUTHFIELDMI ZIP+4 bullet

480345026

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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? .................

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)

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?.........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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)?...

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?.............

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)):

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?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

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.) .........

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business

enterprise at any time during the year?.....................YesNo

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.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(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)...YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)?

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If “Yes,” attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay

premiums on a personal benefit contract?....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If “Yes” to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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
LAWRENCE ALLAN	TRUSTEE 0.00	0	0	0
30400 TELEGRAPH RD SUITE 134 BINGHAM FARMS,MI48025	TRUSTEE 0.00	0	0	0
IRA J JAFFE	PRESIDENT/TREASURER/TRUSTE 1.00	0	0	0
27777 FRANKLIN ROAD SUITE 2500 SOUTHFIELD,MI480348214	PRESIDENT/TREASURER/TRUSTE 1.00	0	0	0
JOEL S GOLDEN	SECRETARY/TRUSTEE 1.00	0	0	0
27777 FRANKLIN ROAD SUITE 2500 SOUTHFIELD,MI480348214	SECRETARY/TRUSTEE 1.00	0	0	0
ARTHUR A WEISS	TRUSTEE 0.00	0	0	0
27777 FRANKLIN ROAD SUITE 2500 SOUTHFIELD,MI480348214	TRUSTEE 0.00	0	0	0

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...................				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............. 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	N/A	0
2


3


4

Form 990-PF (2010)

Page 7

Part IX-B

Summary of Program-Related Investments (see page 23 of the instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1	N/A	0
2


All other program-related investments. See page 24 of the instructions.
3

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.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

1,626,995

Average of monthly cash balances.......................

122,176

Fair market value of all other assets (see page 24 of the instructions)............

Total (add lines 1a, b, and c).........................

1,749,171

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) ..............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d..........................

1,749,171

Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25

of the instructions) ............................

26,238

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

1,722,933

Minimum investment return. Enter 5% of line 5...................

86,147

Part XI

Distributable Amount (see page 25 of the instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

86,147

Tax on investment income for 2010 from Part VI, line 5......

593

Income tax for 2010. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

593

Distributable amount before adjustments. Subtract line 2c from line 1............

85,554

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4.............................

85,554

Deduction from distributable amount (see page 25 of the instructions)...........

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

line 1.................................

85,554

Part XII

Qualifying Distributions (see page 25 of the instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

100,000

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes................................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

100,000

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)............

593

Adjusted qualifying distributions. Subtract line 5 from line 4...............

99,407

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)

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				85,554
2 Undistributed income, if any, as of the end of 2010:
a Enter amount for 2009 only.......			44,909
b Total for prior years:20, 20, 20		0
3 Excess distributions carryover, if any, to 2010:
a From 2005.......
b From 2006.......
c From 2007.......
d From 2008.......
e From 2009.......
fTotal of lines 3a through e.........	0
4Qualifying distributions for 2010 from Part
XII, line 4: $ 100,000
a Applied to 2009, but not more than line 2a			44,909
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.....				55,091
e Remaining amount distributed out of corpus	0
5 Excess distributions carryover applied to 2010.	0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5	0
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........		0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......		0
d Subtract line 6c from line 6b. Taxable amount—see page 27 of the instructions ...		0
e Undistributed income for 2009. Subtract line 4a from line 2a. Taxable amount—see page 27 of the instructions ...........			0
f Undistributed income for 2010. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2011 ..........				30,463
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see page 27 of the instructions) ...........	0
8Excess distributions carryover from 2005 not applied on line 5 or line 7 (see page 27 of the instructions) .............	0
9Excess distributions carryover to 2011. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2006....
b Excess from 2007....
c Excess from 2008....
d Excess from 2009....
e Excess from 2010....

Form 990-PF (2010)

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see page 28 of the instructions) to individuals or organizations
under other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2010)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
UNITED JEWISH FOUNDATION OF METROPOLITAN DETROIT 6735 TELEGRAPH ROAD BLOOMFIELD HILLS,MI48303	NONE	PUBLIC CHARITY	RELIGIOUS	50,000
FRANKEL JEWISH ACADEMY 6600 W MAPLE ROAD WEST BLOOMFIELD,MI48322	NONE	PUBLIC CHARITY	EDUCATIONAL	50,000
Total ................................. 3a				100,000

bApproved for future payment

Total .................................. 3b				0

Form 990-PF (2010)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See page 28 of the instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3Interest on savings and temporary cash investments			14	9,250
4 Dividends and interest from securities....			14	47,342
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.....			14	118
8Gain or (loss) from sales of assets other than inventory			18	20,773
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		77,483	0

13Total. Add line 12, columns (b), (d), and (e)...................

1377,483

(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.	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)

Page 12

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section

Yes

501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash....................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements............................

1b(4)

(5) Loans or loan guarantees..............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

If “Yes,” complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

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.

	Signature of officer or trustee	Date	Title

Preparer's Signature	Date	Check if self- employed	PTIN
Firm's name Firm's address		Firm's EIN
		Phone no.

Form 990-PF (2010)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of organization THE NORMAN AND ESTHER ALLAN FOUNDATION
Schedule B (Form 990, 990-EZ, or 990-PF) (2010) Page 1 of 1 of Part I
Part I	Contributors (see Instructions)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
1	NORMAN ALLAN RESIDUARY TRUST 27777 FRANKLING ROAD SUITE 2500 SOUTHFIELD, MI 48034	$784,109	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
2	NORMAN ALLAN RESIDUARY TRUST 27777 FRANKLING ROAD SUITE 2500 SOUTHFIELD, MI 48034	$69,182	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Name of organization THE NORMAN AND ESTHER ALLAN FOUNDATION
Schedule B (Form 990, 990-EZ, or 990-PF) (2010) Page 1 of 1 of Part II
Part II	Noncash Property (see Instructions)
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
1	SECURITIES	$951,889	2011-04-29
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
1488 SHS AMERICAN EURO PACIFIC	AT COST	52,041	55,988
5661 SHS AMERICAN CENTY BENHM INTL	AT COST	74,619	82,481
2830 SHS BARON SMALL CAP FD	AT COST	58,219	67,315
531 SHS HARBOR INTERNATIONAL	AT COST	25,749	29,852
4911 SHS LAZARD EMERGING MKTS	AT COST	79,029	93,718
15118 SHS LORD ABBETT BOND	AT COST	108,825	116,261
2361 SHS PIMCO REAL RETURN FUND	AT COST	25,766	28,810
20272 SHS PRINCIPAL PREFERRED	AT COST	175,468	195,423
8031 SHS ROYCE TOTAL RETURN FD	AT COST	91,832	103,211
106 SHS SECTOR SPDR FINANCIAL	AT COST	1,790	1,430
25 SHS SPDR KBW REGIONAL BANKIN	AT COST	551	587
8092 SHS TEMPLETON GLBL BOND FD	AT COST	108,296	107,062
7800 SHS FIXED INCOME SHARES - SERIES C	AT COST	95,685	99,138
9741 SHS FIXED INCOME SHARES - SERIES M	AT COST	85,513	102,378

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX WITHHELD	16	16		0
EXCISE TAX	2,106	0		0

Name of Stock	End of Year Book Value	End of Year Fair Market Value
1 SH CANON INC	36	52
1 SH NOVARTIS ADR	42	62
1 SH ROYAL DUTCH SHELL PLC	84	120
53 SHS ABERCOMBIE & FITCH CO	3,509	3,943
20 SHS ACACIA RESH CORP	661	797
20 SHS AECOM TECH CORP	411	418
6 SHS AIR METHODS CRP COM	409	485
19 SHS ALLIANT ENERGY CORP	752	775
28 SHS ALTERA CORP	1,166	1,062
55 SHS ALTERA CORP	2,183	2,086
34 SHS AMAZON COM INC	3,822	7,259
24 SHS AMERICA EXPRESS COMPANY	1,110	1,215
100 SHS AMERICAN TOWER CORP	4,531	5,510
14 SHS AMGEN INC COM	756	802
12 SHS APACHE CORP	1,151	1,196
33 SHS APPLE INC	4,815	13,358
5 SHS APPLE INC	1,659	2,024
48 SHS ARES CAPITAL CORP	728	743
67 SHS AT&T	2,044	1,964
38 SHS BAIDU INC	2,278	5,327
57 SHS BARRICK GOLD CORPORATION	2,973	2,822
21 SHS BIOGEN IDEC INC	2,074	2,444
11 SHS BLACKROCK INC	1,763	1,736
54 SHS BORG WARNER INC	3,121	4,130
14 SHS BORG WARNER INC	1,017	1,071
17 SHS CACI INTL INC CL A	1,019	933
50 SHS CALIFORNIA WTR SVC GP DE	919	929
29 SHS CARRIZO OIL & GAS INC	1,061	789
31 SHS CHEVRON CORP	3,232	3,257
43 SHS CH ROBINSON WORLDWIDE, INC	2,259	2,985
41 SHS CELGENE CORP	2,617	2,658
37 SHS CERNER CORP	1,408	2,347
26 SHS CIGNA CORP	1,195	1,153
60 SHS CITRIX SYSTEMS INC	2,932	4,370
26 SHS CLEAN ENERGY FUELS CORP	413	307
41 SHS CLIFFS NATURAL RESOURCES INC	2,782	2,797
10 SHS CME GROUP INC	2,668	2,807
23 SHS COCA COLA	1,598	1,571
113 SHS COGNIZANT TECH SOLUTIONS	2,882	8,221
7 SHS COHERENT INC CAL	375	357
20 SHS COLGATE PALMOLIVE	1,682	1,807
58 SHS CONCHO RESOURCES INC	5,583	5,494
19 SHS COOPER COS INC COM NEW	1,402	1,317
30 SHS CORN PRODS INTL INC	1,561	1,455
40 SHS COSTCO WHOLESALE CORP	2,355	3,330
81 SHS CTRIP.COM INTL LTD	3,188	2,824
179 SHS DANAHER CORP	5,496	8,655
59 SHS DEERE CO	3,289	4,478
13 SHS DEERE CO	1,215	987
33 SHS DISNEY WALT CO COM STK	1,372	1,151
34 SHS DOLLAR TREE	1,905	2,719
37 SHS DR PEPPER SNAPPLE GROUP	1,457	1,386
291 SHS EMC CORPORATION MASS	5,634	7,132
100 SHS EMC CORPORATION MASS	2,577	2,451
46 SHS EBAY INC	1,416	1,464
74 SHS ECOLAB INC	3,133	3,987
56 SHS EDWARDS LIFESCIENCES CRP	4,092	4,224
36 SHS EXXCON MOBIL CORP	2,985	2,811
67 SHS EXPRESS SCRIPTS INC	3,086	3,067
37 SHS FINSTAR CORPORATION	699	758
73 SHS FLUOR CORP	3,606	4,150
142 SHS FMC TECHS INC	4,603	6,364
40 SHS FRANKLIN RES INC	4,107	4,265
65 SHS GENERAL MILLS	2,562	2,504
87 SHS GOODYEAR TIRE RUBBER	1,566	1,249
15 SHS GOOGLE INC	8,042	8,890
4 SHS GOOGLE INC	2,284	2,371
33 SHS GREEN MOUNTAIN COFFEE	1,156	2,146
52 SHS HAIN CELESTIAL GROUP INC	1,605	1,745
33 SHS HALLIBURTON COMPANY	1,479	1,233
43 SHS HCA HOLDINGS INC	840	1,008
26 SHS HEINZ H J CO PV	1,374	1,389
24 SHS HESS CORP	1,910	1,501
63 SHS HOSPITALITY PPTYS TRUST	1,291	1,514
31 SHS IAC INTERACTIVECORP	1,111	1,266
59 SHS ILLINOIS TOOL WORKS INC	3,031	2,869
22 SHS ILLINOIS TOOL WORKS INC	1,210	1,070
70 SHS INTEL CORP	1,433	1,718
29 SHS INTERCONTINENTAL EXCHANGE INC	2,597	3,767
11 SHS INTL BUSINESS MACHINES CORP	1,797	2,031
60 SHS INTUIT INC	2,654	3,220
6 SHS INTUITIVE SURGICAL INC	1,988	2,603
23 SHS INVESCO LTD	543	462
15 SHS J M SMUCKER CO	1,109	1,155
18 SHS JDA SOFTWARE GROUP INC	526	574
16 SHS JONES LANG LASALLE INC	1,672	1,034
71 SHS JPMORGAN CHASE & CO	2,979	2,468
56 SHS JPMORGAN CHASE & CO	2,602	1,947
113 SHS LAS VEGAS SANDS CORP	5,183	5,305
29 SHS LAUDER ESTEE COS INC	1,942	2,855
83 SHS MONSANTO CO NEW DEL COM	5,880	6,038
62 SHS NETAPP INC	2,553	2,540
47 SHS O'REILLY AUTOMOTIVE INC	1,844	3,574
60 SHS OCCIDENTAL PETE CORP CAL	5,497	5,576
229 SHS ORACLE CORP	4,986	7,500
56 SHS PEABODY ENERGY CORP	2,641	2,429
28 SHS PERRIGO CO	2,404	2,528
11 SHS PRICELINE COM INC	3,080	5,585
165 SHS QUALCOMM INC	6,340	8,514
27 SHS RALPH LAUREN CORP	3,451	4,287
21 SHS RANGE RESOURCES CORP DEL	1,344	1,446
38 SHS SALESFORCE COM INC	5,131	5,060
101 SHS SCHLUMBERGER LTD	6,790	7,431
38 SHS SHIRE PLC	2,467	3,583
93 SHS STARBUCKS CORP	3,567	3,939
153 SHS TD AMERITRADE HOLDING CORP	2,413	2,567
94 SHS UNION PACIFIC CORP	4,986	9,360
70 SHS UNITED TECHS CORP	4,506	5,453
167 SHS UNITED HEALTH GROUP	8,232	8,014
50 SHS VARIAN MEDICAL SYS INC	3,190	2,936
95 SHS VERISIGN INC	3,182	3,049
92 SHS VISA INC CL A	6,317	8,580
51 SHS YUM BRANDS INC	2,107	2,732
33 SHS KIMBERLY CLARK	2,142	2,300
20 SHS KLA TENCOR CORP	787	942
83 SHS KROGER CO	1,992	1,924
30 SHS LIMITED BRANDS INC	1,111	1,281
55 SHS MACY'S INC	1,389	1,679
41 SHS MATATHON OIL CORP	1,239	1,067
53 SHS MARSH & MCLENNAN COS INC	1,528	1,623
57 SHS MASTEC INC	1,110	1,232
24 SHS MC CORMIC NON VTG	1,140	1,165
20 SHS MC DONALDS CORP	1,538	1,857
18 SHS MCKESSON CORPORATION COM	1,416	1,468
70 SHS MENTHOR GRAPHICS CORP	1,001	795
58 SHS MERCK AND CO INC	1,954	2,001
49 SHS METLIFE INC	2,161	1,723
4 SHS METTLER TOLEDO INTL INC	680	614
12 SHS MIDDLEBY CORP COM	1,067	1,011
12 SHS MONSANTO CO NEW DEL COM	782	873
38 SHS MYRIAD GENETICS INC	893	809
24 SHS NORFOLK SOUTHERN CORP	1,668	1,776
21 SHS NORTHEAST UTILITIES COM	717	726
93 SHS NUANCE COMMUNICATIONS INC	1,780	2,463
10 SHS OIL STS INTL INC DEL COM	736	696
18 SHS OPEN TEXT CORP	1,101	1,098
67 SHS ORACLE CORP	2,218	2,196
20 SHS PERRIGO CO	1,704	1,806
78 SHS PRIZER INC	1,599	1,502
27 SHS PINNACLE WEST CAP CORP	1,138	1,231
11 SHS PPG INDUSTRIES INC	1,033	951
20 SHS RADWARE LTD	669	529
37 SHS RAYONIER LTD	1,503	1,544
17 SHS RAYTHEON CO DELAWARE	855	751
19 SHS ROSS STORES INC	1,354	1,667
21 SHS ROYAL DUTCH SHELL PLC	1,516	1,508
21 SHS SCHLUMBERGER LTD	1,722	1,543
40 SHS SENIOR HSG PPTYS TRSBI	868	898
35 SHS SIRONA DENTAL SYSTEMS INC	1,810	1,677
13 SHS SNAP ON INC COM	775	698
12 SHS SOLERIA HOLDINGS INC	611	656
42 SHS SOUTHERN COMPANY	1,627	1,814
32 SHS ST JUDE MEDICAL IN	1,620	1,248
24 SHS STANLEY BACK AND DECKER	1,374	1,532
40 SHS STEELCASE INC	449	296
48 SHS SYMANTEC CORP	892	816
44 SHS TEVA PHARMACTCL INDS	2,150	1,797
20 SHS TIBCO SOFTWARE INC	537	578
33 SHS TIME WARNER INC	990	1,155
16 SHS TORONTO DOMINION BANK	1,189	1,204
8 SHS TPC GROUP INC	296	159
26 SHS TRAVELERS COS INC	1,368	1,517
49 SHS TYSON FOODS INC CL A	847	946
15 SHS ULTRA SALON COSMETICS	764	1,009
17 SHS UNITED PARCEL SVC	1,252	1,194
30 SHS US BANCORP	679	768
31 SHS VALLERO ENERGY CORP	697	763
19 SHS VERIFONE SYSTEMS	1,011	802
26 SHS VIACOM INC	1,239	1,140
68 SHS VODAFONE GROUP	1,930	1,893
25 SHS WAL-MART STORES INC	1,341	1,418
21 SHS WATSON PHARMACEUTICALS	1,215	1,410
54 SHS WESTAR ENERGY INC	1,394	1,472
57 SHS ADOBE SYS DEL	1,944	1,676
23 SHS AMAGEN INC COM	1,327	1,317
68 SHS ANADARKO PETE CORP	3,821	5,337
37 SHS APACHE CORP	3,842	3,686
79 SHS ARCHER DANIELS MIDLD	2,430	2,286
337 SHS AT & T INC	10,306	9,876
53 SHS BARRICK GOLD CORPORATION	2,481	2,624
64 SHS CARNIVAL CORP PAIRED SHS	1,651	2,253
67 SHS CATERPILLAR INC DEL	3,387	6,329
121 SHS CHEVRON CORP	9,237	12,710
87 SHS CIGNA CORP	3,003	3,858
147 SHS CITIGROUP INC COM NEW	5,583	4,644
45 SHS CLIFFS NATURAL RESOURCES INC	1,944	3,070
40 SHS COLGATE PALMOLIVE	3,078	3,615
159 SHS COMCAST CORP NEW CL A	2,778	3,729
198 SHS CORNING INC	3,811	2,827
23 SHS COVIDIEN PLC SHS NEW	901	1,082
97 SHS CVS CAREMARK CORP	3,493	3,524
110 SHS DELTA AIR LINES INC	1,222	937
37 SHS DEVON ENERGY CORP NEW	2,666	2,403
152 SHS DISNEY WALT CO COM STK	6,303	5,302
191 SHS DOW CHEMICAL CO	4,761	5,325
122 SHS E M C CORPORATIONS MASS	2,460	2,990
79 SHS EATON CORP	3,126	3,541
278 SHS EL PASO CORPORATION	3,796	6,953
82 SHS EMERSON ELEC CO	4,097	3,946
97 SHS EXXON MOBIL CORP COM	6,727	7,574
201 SHS FORD MOTOR CO	1,784	2,348
43648 SHS FRAC MARRIOTT INTL INC	12	0
373 SHS GENERAL ELECTRIC	8,811	6,233
57 SHS GOLDMAN SACHS GROUP INC	5,700	6,244
40 SHS HALLIBURTON COMPANY	970	1,494
523 SHS HETRZ GLOBAL HOLDINGS IN	3,159	6,067
46 SHS HESS CORP	2,791	2,878
42 SHS HEWLETT PACKARD CO DEL	1,946	1,118
184 SHS HSN INC	4,197	6,563
80 SHS HYATT HOTELS CORP	2,565	2,975
143 SHS INTEL CORP	3,022	3,509
130 SHS INTL PAPER CO	3,383	3,601
128 SHS JOHNSON & JOHNSON COM	8,146	8,242
385 SHS JPMORGAN CHASE & CO	13,574	13,382
174 SHS KEYCORP NEW	1,371	1,228
46 SHS KROGER CO	949	1,066
23 SHS M&T BANK CORPORATION	1,003	1,751
89 SHS MARATHON OIL CORP	1,758	2,317
44 SHS MARATHON PETROLEUM CORP	1,176	1,580
128 SHS MARRIOTT INTL INC NEW A	2,147	4,032
42 SHS MCKESSON CORPORATION COM	3,350	3,425
158 SHS MERICK AND CO INC SHS	5,274	5,451
64 SHS METLIFE INC	2,340	2,250
121 SHS MICROSOFT CORP	2,967	3,222
138 SHS MORGAN STANLEY	3,289	2,434
32 SHS NEXTERA ENERGY INC SHS	1,712	1,805
97 SHS OMNICOM GROUP COM	4,155	4,315
137 SHS ORACLE CORP DEL	3,283	4,489
33 SHS PEPSICO INC	2,062	2,077
509 SHS PFIZER INC	8,894	9,801
44 SHS PG&E CORP	1,879	1,888
54 SHS PHILIP MORRIS INTL INC	3,543	3,773
73 SHS PNC FINCL SERVICES GROUP	4,639	3,921
71 SHS PPL CORPORATION	1,841	2,085
156 SHS PROCTER & GAMBLE CO	9,895	9,982
51 SHS PROGRESS ENERGY INC	2,295	2,657
93 SHS PRUDENTIAL FINANCIAL	5,479	5,041
332 SHS REGIONS FINL CORP	2,257	1,305
76 SHS SCHLUMBERGER LTD	4,482	5,584
102 SHS SOUTHERN COMPANY	4,166	4,406
81 SHS SUNCOR ENERGY INC NEW	2,843	2,585
282 SHS SUNTRUST BKS INC COM	5,762	5,564
38 SHS TARAGET CORP COM	1,214	2,081
61 SHS TEVA PHARMACTCL INDS ADR	2,497	2,492
137 SHS TEXAS INSTRUMENTS	4,622	4,210
55 SHS THE MOSAIC COMPANY	3,221	3,221
58 SHS TIME WARNER CABLE INC	2,998	3,694
18 SHS TRAVELERS COS INC	1,028	1,050
68 SHS UNITED STS STL CORP	2,953	1,724
60 SHS UNITED TECHS CORP	4,977	4,679
203 SHS UNITED HEALTH GROUP INC	5,344	9,742
122 SHS VALERO ENERGY CORP NEW	2,348	3,001
113 SHS VERIZONS COMMUNICATIONS COM	3,177	4,179
483 SHS WELLS FARGO & CO NEW DEL	12,524	12,515
208 SHS ZIONS BANCORP	3,232	3,611

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ANNUAL CORPORATE UPDATE	20	0		0
INVESTMENT AND ADVISORY SERVICES	18,209	18,209		0