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
2011
For calendar year 2011, or tax year beginning 01-01-2011 , and ending 12-31-2011
G
Check all that apply:
Name of foundation
THE MALONE FAMILY FOUNDATION
 
% MARRS SEVIER & COMPANY LLC
Number and street (or P.O. box number if mail is not delivered to street address)12300 LIBERTY BLVD   Room/suite
City or town, state, and ZIP code
ENGLEWOOD, CO80112
A Employer identification number

84-1408520
B Telephone number (see page 10 of the instructions)

(720) 875-5201
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$101,937,516J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 2,539,403 2,539,403  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 14,503,253
b Gross sales price for all assets on line 6a 66,765,661
7 Capital gain net income (from Part IV, line 2)... 14,503,253
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 17,042,656 17,042,656  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 3,533 2,649 0 883
b Accounting fees (attach schedule)....... Click to see attachment 11,000 8,250 0 2,750
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 220,000      
19 Depreciation (attach schedule) and depletion... Click to see attachment 371    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 10,013 10,013    
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,217,131 1,217,131    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,462,048 1,238,043 0 3,633
25 Contributions, gifts, grants paid........ 31,700,649 31,700,649
26 Total expenses and disbursements. Add lines 24 and 25 33,162,697 1,238,043 0 31,704,282
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -16,120,041
b Net investment income (if negative, enter -0-) 15,804,613
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2011)
Form 990-PF (2011)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 6,484,858 6,739,425 6,739,425
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 105,847,505 Click to see attachment80,499,347 89,230,716
c Investments—corporate bonds (attach schedule)........ 5,150,158 Click to see attachment5,129,557 5,300,000
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 457,933 Click to see attachment429,130 379,450
14 Land, buildings, and equipment: basis bullet34,015
Less: accumulated depreciation (attach schedule) bullet33,321 1,066 Click to see attachment694 694
15 Other assets (describe bullet)     Click to see attachment287,231
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 117,941,520 92,798,153 101,937,516
Liabilities 17 Accounts payable and accrued expenses.......... 0  
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment145,998  
23 Total liabilities (add lines 17 through 22).......... 145,998 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 117,795,522 92,798,153
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 117,795,522 92,798,153
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 117,941,520 92,798,153
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)............... 1 117,795,522
2 Enter amount from Part I, line 27a..................... 2 -16,120,041
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 101,675,481
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 8,877,328
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 92,798,153
Form 990-PF (2011)
Form 990-PF (2011)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 7685 HEALTHCARE SELECT SECTOR SPDR TR P 2010-12-06 2011-03-21
b 5705 HEALTHCARE SELECT SECTOR SPDR TR P 2010-01-29 2011-03-21
c 5440 HEALTHCARE SELECT SECTOR SPDR TR P 2009-12-30 2011-03-21
d 14860 HEALTHCARE SELECT SECTOR SPDR TR P 2009-01-06 2011-03-21
e 13270 HEALTHCARE SELECT SECTOR SPDR TR P 2008-12-31 2011-03-21
8325 HEALTHCARE SELECT SECTOR SPDR TR P 2008-10-30 2011-03-21
7300 HEALTHCARE SELECT SECTOR SPDR TR P 2008-08-28 2011-03-21
2540 HEALTHCARE SELECT SECTOR SPDR TR P 2008-06-11 2011-03-21
2100000 SUNSHINE ST GOVERNMENTAL FING CO P 2011-03-18 2011-04-08
1740 HEINZ H J CO COM P 2010-04-08 2011-05-27
1985 PHILIP MORRIS INTL P 2008-01-25 2011-05-27
1630 PHILIP MORRIS INTL P 2007-12-18 2011-05-27
21500 AFLAC INC USD.10 COM P 2009-12-08 2011-05-31
4415 AMER EXPRESS CO COM P 2010-04-28 2011-05-31
2290 EXXON MOBIL CORP P 2004-08-06 2011-05-31
16610 WEATHERFORD INTL LTD P 2010-01-29 2011-05-31
15855 WEATHERFORD INTL LTD P 2009-11-30 2011-05-31
12535 WEATHERFORD INTL LTD P 2009-01-22 2011-05-31
3555 AFLAC INC USD.10 COM P 2010-01-29 2011-06-01
2180 AFLAC INC USD.10 COM P 2009-12-31 2011-06-01
9465 AFLAC INC USD.10 COM P 2009-12-08 2011-06-01
11710 WEATHERFORD INTL LTD P 2010-01-29 2011-06-01
320 APPLE INC P 2009-01-12 2011-06-02
505 APPLE INC P 2009-01-12 2011-06-06
2400 MCDONALDS CORP COM P 2008-07-09 2011-06-06
6385 BAXTER INTERNATIONAL INC USD1 P 2007-12-14 2011-06-08
1830 ALLERGAN INC COM P 2010-10-27 2011-06-09
1810 PHILIP MORRIS INTL P 2008-01-25 2011-06-09
1010 UNITED TECHNOLOGIES CORP P 2008-01-09 2011-06-09
2970 HEINZ H J CO COM P 2010-04-08 2011-06-13
1500 ALLERGAN INC COM P 2010-10-27 2011-06-14
1100 WALT DISNEY CO (HOLDING COMPANY) P 2009-08-17 2011-06-14
570 DOW CHEMICAL CORP COM STK P 2011-01-28 2011-12-06
8465 DOW CHEMICAL CORP COM STK P 2010-07-23 2011-12-06
15820 DOW CHEMICAL CORP COM STK P 2010-05-13 2011-12-06
1000000 C/P VIACOM INC (NEW)DUE 12/13/20 P 2011-11-22 2011-12-13
1960 GOLDMAN SACHS GROUP INC P 2010-12-17 2011-01-25
2265 GOLDMAN SACHS GROUP INC P 2009-12-23 2011-01-25
7405 GOLDMAN SACHS GROUP INC P 2008-11-12 2011-01-25
5800 GOLDMAN SACHS GROUP INC P 2008-10-30 2011-01-25
1735000 COUNTY OF CARROLL KYCOMML PAPER P 2011-02-01 2011-02-07
17685 NIKE INC CL B COM STK P 2010-02-08 2011-03-08
2700000 SUNSHINE ST GOVERNMENTAL FING CO P 2011-03-18 2011-04-08
2500 ENTERGY CORP NEW COM P 2010-12-09 2011-04-18
5015 ENTERGY CORP NEW COM P 2010-11-16 2011-04-18
2025 ENTERGY CORP NEW COM P 2009-12-30 2011-04-18
28620 ENTERGY CORP NEW COM P 2009-09-23 2011-04-18
10960 BANK NEW YORK MELLON CORP P 2009-11-04 2011-05-05
75015 BANK NEW YORK MELLON CORP P 2006-01-24 2011-05-05
4445 CBS CORP NEW CL B COM STK P 2011-03-08 2011-05-27
11120 EL PASO CORP COM P 2011-04-18 2011-05-27
4650 PHILIP MORRIS INTL P 2008-12-02 2011-05-27
890 UNION PACIFIC CORP P 2008-12-30 2011-05-31
2880 UNION PACIFIC CORP P 2008-08-25 2011-05-31
12500 MICRON TECHNOLOGY INC COM P 2010-10-27 2011-06-06
5275 COVIDIEN PLC P 2007-10-03 2011-06-08
3630 HONEYWELL INTERNATIONA P 2006-08-17 2011-06-08
2500 PHILIP MORRIS INTL P 2008-12-02 2011-06-09
2240 TRAVELERS COS INC P 2010-11-15 2011-06-09
900 TRAVELERS COS INC P 2010-11-15 2011-06-09
1500 AT&T INC P 2007-03-22 2011-06-13
24505 MEDCOHEALTH SOLUTIONS INC P 2010-06-10 2011-06-21
3170 MEDCOHEALTH SOLUTIONS INC P 2010-07-23 2011-06-22
14830 MEDCOHEALTH SOLUTIONS INC P 2010-06-10 2011-06-22
900 MEDCOHEALTH SOLUTIONS INC P 2010-07-23 2011-06-24
4100 MEDCOHEALTH SOLUTIONS INC P 2010-07-23 2011-06-27
1065 3 M CO P 2010-11-16 2011-07-28
23185 3 M CO P 2007-03-23 2011-07-28
6725 3 M CO P 2007-03-22 2011-07-28
32980 BANK OF AMERICA CORP P 2010-12-06 2011-08-09
8845 BANK OF AMERICA CORP P 2009-12-23 2011-08-09
33925 BANK OF AMERICA CORP P 2009-07-06 2011-08-09
40490 BANK OF AMERICA CORP P 2009-05-19 2011-08-09
12000 MURPHY OIL CORP COM P 2010-12-15 2011-09-23
8315 MURPHY OIL CORP COM P 2010-12-15 2011-09-26
8785 ABBOTT LABS NPV P 2008-09-09 2011-09-28
29395 AT&T INC P 2007-03-23 2011-09-28
6830 AT&T INC P 2007-03-22 2011-09-28
3087 EXXON MOBIL CORP P 2005-01-24 2011-09-29
7418 EXXON MOBIL CORP P 2005-01-06 2011-09-29
9945 PHILIP MORRIS INTL P 2008-12-02 2011-09-29
4200 RENAISSANCE RE HLDGS LTD COM P 2011-05-05 2011-09-30
3250 ABBOTT LABS NPV P 2010-12-27 2011-12-01
4890 ABBOTT LABS NPV P 2010-11-16 2011-12-01
4990 ABBOTT LABS NPV P 2009-04-15 2011-12-01
6590 ABBOTT LABS NPV P 2008-11-12 2011-12-01
1900 ABBOTT LABS NPV P 2008-09-09 2011-12-01
4000000 C/P DIAGEO CAP PLC DUE 12/13/20 P 2011-11-22 2011-12-13
560 COVIDIEN PLC P 2010-12-06 2011-12-19
11260 COVIDIEN PLC P 2007-10-11 2011-12-19
22645 COVIDIEN PLC P 2007-10-09 2011-12-19
16035 COVIDIEN PLC P 2007-10-03 2011-12-19
7800 COVIDIEN PLC P 2010-12-06 2011-12-28
56000 BCE INC NEW COM P 2005-06-09 2011-01-21
560 CALL- BCE 100 @ 35 22 JAN 2011 P 2011-01-21 2010-12-01
1327 GENOMIC HEALTH P   2011-01-27
65335 NEWS CORP CL A COM P 2004-11-18 2011-02-03
6965 NEWS CORP CL A COM P 2004-10-29 2011-02-03
723 CALL- NWSA 100 @ 15 19 FEB 2011 P 2011-02-04 2010-12-22
500 NEWS CORP CL A COM P 2004-11-18 2011-02-07
5 CALL- NWSA 100 @ 15 19 FEB 2011 P 2011-02-08 2010-12-22
14000 NEWS CORP CL A COM P 2004-11-18 2011-02-11
140 CALL- NWSA 100 @ 15 19 FEB 2011 P 2011-02-14 2010-12-22
10000 NEWS CORP CL A COM P 2004-11-18 2011-02-15
100 CALL- NWSA 100 @ 15 19 FEB 2011 P 2011-02-16 2010-12-22
2700 NEWS CORP CL A COM P 2004-11-18 2011-02-16
27 CALL- NWSA 100 @ 15 19 FEB 2011 P 2011-02-17 2010-12-22
2036 CALL- DTV 100 @ 44 19 FEB 2011 P 2011-02-18 2011-01-07
1364 CALL- NWSA 100 @ 15 19 FEB 2011 P 2011-02-18 2010-12-22
30935 NEWS CORP CL A COM P 2004-12-08 2011-02-18
50000 NEWS CORP CL A COM P 2004-11-23 2011-02-18
50000 NEWS CORP CL A COM P 2004-11-19 2011-02-18
5465 NEWS CORP CL A COM P 2004-11-18 2011-02-18
65 NEWS CORP CL A COM P 2004-12-08 2011-02-24
476 CALL- DTV 100 @ 45 19 MAR 2011 P 2011-03-18 2011-01-24
1524 CALL- DTV 100 @ 47 19 MAR 2011 P 2011-03-18 2011-03-03
300 DIRECTV GROUP INC CL A D   2011-05-10
3 CALL- DTV 100 @ 46 18 JUN 2011 P   2011-02-01
200 CALL- VZ 100 @ 39 18 JUN 2011 P 2011-05-11 2011-05-02
4802 DISH NETWORK CORP CL A P 2011-05-12 2011-05-12
16448 DISH NETWORK CORP CL A P 2005-04-06 2011-05-12
16500 DISH NETWORK CORP CL A P 2005-04-05 2011-05-16
15198 DISH NETWORK CORP CL A P 2005-04-07 2011-05-16
20000 VERIZON COMMUNICATIONS COM STK P 2005-04-06 2011-05-17
21250 DISH NETWORK CORP CL A P 2011-04-21 2011-05-18
16052 DISH NETWORK CORP CL A P 2005-05-25 2011-05-18
100000 DIRECTV GROUP INC CL A D 2005-05-05 2011-05-20
10000 DIRECTV GROUP INC CL A D   2011-05-20
1000 CALL- DTV 100 @ 48 21 MAY 2011 P   2011-03-24
100 CALL- DTV 100 @ 49 21 MAY 2011 P 2011-05-20 2011-03-31
512 CALL- DTV 100 @ 47 18 JUN 2011 P 2011-05-20 2011-02-18
148500 DIRECTV GROUP INC CL A D 2011-06-17 2011-06-17
1485 CALL- DTV 100 @ 46 18 JUN 2011 P   2011-02-01
7250 AT&T INC P 2011-06-17 2011-09-09
ADJUST TO GAIN PER BOOKS P    
KLEINER-PERKINS FROM SCH K-1 P    
KLEINER-PERKINS FROM SCH K-1 P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 247,919   237,646 10,273
b 184,044   179,650 4,394
c 175,495   171,099 4,396
d 479,386   393,352 86,034
e 428,093   352,791 75,302
268,566   218,212 50,354
235,499   240,509 -5,010
81,941   77,960 3,981
2,100,000   2,100,000  
95,211   79,309 15,902
139,956   102,265 37,691
114,926   86,208 28,718
1,025,769   986,022 39,747
226,520   202,805 23,715
190,341   103,841 86,500
328,212   265,262 62,950
313,294   265,227 48,067
247,691   126,852 120,839
166,231   175,150 -8,919
101,936   101,448 488
442,581   434,079 8,502
227,178   187,009 40,169
111,294   28,191 83,103
173,717   44,488 129,229
193,987   142,068 51,919
369,617   372,834 -3,217
146,850   131,197 15,653
123,491   93,249 30,242
85,242   72,274 12,968
158,638   135,373 23,265
120,778   107,538 13,240
42,734   27,608 15,126
15,995   19,996 -4,001
237,536   226,620 10,916
443,924   467,008 -23,084
1,000,000   1,000,000  
316,800   321,338 -4,538
366,098   370,520 -4,422
1,196,890   509,839 687,051
937,470   531,801 405,669
1,735,000   1,735,000  
1,580,934   1,089,737 491,197
2,700,000   2,700,000  
165,120   174,200 -9,080
331,231   360,737 -29,506
133,747   168,084 -34,337
1,890,295   2,325,006 -434,711
313,055   288,888 24,167
2,142,687   2,707,734 -565,047
124,596   105,378 19,218
232,134   201,667 30,467
327,856   185,522 142,334
92,899   41,238 51,661
300,617   229,005 71,612
115,173   97,788 17,385
285,596   216,181 69,415
203,503   142,422 61,081
170,568   99,743 70,825
137,022   127,579 9,443
55,054   51,068 3,986
46,094   58,500 -12,406
1,373,677   1,475,150 -101,473
174,833   157,065 17,768
817,909   892,735 -74,826
47,919   44,593 3,326
223,037   203,144 19,893
94,008   89,583 4,425
2,046,559   1,807,176 239,383
593,621   523,923 69,698
228,811   385,869 -157,058
61,365   134,642 -73,277
235,367   407,032 -171,665
280,914   473,514 -192,600
541,398   839,780 -298,382
374,572   581,898 -207,326
450,032   506,428 -56,396
842,965   1,142,642 -299,677
195,865   266,369 -70,504
226,756   158,651 68,105
544,891   371,941 172,950
631,894   396,777 235,117
271,035   291,887 -20,852
177,696   154,221 23,475
267,364   233,244 34,120
272,832   210,632 62,200
360,313   359,581 732
103,884   109,529 -5,645
4,000,000   4,000,000  
24,124   24,075 49
485,058   466,127 18,931
975,501   943,685 31,816
690,755   657,150 33,605
352,882   335,325 17,557
1,959,962   1,443,955 516,007
28,050     28,050
30,653   8,330 22,323
978,046   1,181,309 -203,263
104,264   109,991 -5,727
36,149     36,149
7,400   9,040 -1,640
250     250
209,576   253,131 -43,555
7,000     7,000
149,697   180,808 -31,111
5,000     5,000
40,399   48,818 -8,419
1,350     1,350
84,214   45,179 39,035
68,199     68,199
459,376   538,269 -78,893
742,486   881,675 -139,189
742,486   905,000 -162,514
81,154   98,812 -17,658
1,092   1,131 -39
24,486     24,486
60,974     60,974
13,699     13,699
321     321
7,099   3,600 3,499
139,417   114,574 24,843
477,537   393,509 84,028
481,505   395,297 86,208
443,510   362,618 80,892
741,168   735,680 5,488
624,564   508,043 116,521
471,788   384,139 87,649
4,799,908     4,799,908
489,991     489,991
94,998     94,998
5,905     5,905
49,663     49,663
6,830,869     6,830,869
159,100     159,100
199,488   201,430 -1,942
      969
      616
      -21,172
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       10,273
b       4,394
c       4,396
d       86,034
e       75,302
      50,354
      -5,010
      3,981
       
      15,902
      37,691
      28,718
      39,747
      23,715
      86,500
      62,950
      48,067
      120,839
      -8,919
      488
      8,502
      40,169
      83,103
      129,229
      51,919
      -3,217
      15,653
      30,242
      12,968
      23,265
      13,240
      15,126
      -4,001
      10,916
      -23,084
       
      -4,538
      -4,422
      687,051
      405,669
       
      491,197
       
      -9,080
      -29,506
      -34,337
      -434,711
      24,167
      -565,047
      19,218
      30,467
      142,334
      51,661
      71,612
      17,385
      69,415
      61,081
      70,825
      9,443
      3,986
      -12,406
      -101,473
      17,768
      -74,826
      3,326
      19,893
      4,425
      239,383
      69,698
      -157,058
      -73,277
      -171,665
      -192,600
      -298,382
      -207,326
      -56,396
      -299,677
      -70,504
      68,105
      172,950
      235,117
      -20,852
      23,475
      34,120
      62,200
      732
      -5,645
       
      49
      18,931
      31,816
      33,605
      17,557
      516,007
      28,050
      22,323
      -203,263
      -5,727
      36,149
      -1,640
      250
      -43,555
      7,000
      -31,111
      5,000
      -8,419
      1,350
      39,035
      68,199
      -78,893
      -139,189
      -162,514
      -17,658
      -39
      24,486
      60,974
      13,699
      321
      3,499
      24,843
      84,028
      86,208
      80,892
      5,488
      116,521
      87,649
      4,799,908
      489,991
      94,998
      5,905
      49,663
      6,830,869
      159,100
      -1,942
       
       
       
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 14,503,253
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2010 6,717,495 106,338,346 0.063171
2009 6,004,413 95,919,041 0.062599
2008 6,913,823 114,667,931 0.060294
2007 7,386,453 141,988,956 0.052021
2006 9,848,251 132,117,800 0.074541
2 Total of line 1, column (d) ...................... 2 0.312626
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 0.062525
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 113,718,280
5 Multiply line 4 by line 3....................... 5 7,110,235
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 158,046
7 Add lines 5 and 6......................... 7 7,268,281
8 Enter qualifying distributions from Part XII, line 4.............. 8 31,704,282
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2011)
Form 990-PF (2011)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 158,046
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 158,046
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 158,046
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 205,615
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.............. 7 205,615
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 47,569
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet47,569 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
 
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletCO
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.malonefamilyfoundation.org
    14
    The books are in care ofbulletMARRS SEVIER & COMPANY LLC Telephone no.bullet (303) 922-6654
    Located atbullet230 S HOLLAND STREETLakewoodCO ZIP+4bullet80226
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2011?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2011.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    JOHN C MALONE PRESIDENT, TREASURER
    0.8     		0 0 0
    12300 LIBERTY BLVD
    ENGLEWOOD,CO80112
    TRACY LEE AMONETTE DIRECTOR
    0.1     		0 0 0
    12300 LIBERTY BLVD
    ENGLEWOOD,CO80112
    LESLIE A MALONE SECRETARY
    0.1     		0 0 0
    12300 LIBERTY BLVD
    ENGLEWOOD,CO80112
    EVAN MALONE DIRECTOR
    0.1     		0 0 0
    12300 LIBERTY BLVD
    ENGLEWOOD,CO80112
    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
     
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    109,657,106
    b
    Average of monthly cash balances.......................
    1b
    5,792,924
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    115,450,030
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    115,450,030
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    1,731,750
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    113,718,280
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    5,685,914
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    5,685,914
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    158,046
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    158,046
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,527,868
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    5,527,868
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    5,527,868
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    31,704,282
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    31,704,282
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
    158,046
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    31,546,236
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2010     		(c)
    2010     		(d)
    2011
    1 Distributable amount for 2011 from Part XI, line 7 5,527,868
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 0
    b Total for prior years:2009, 2008, 2007  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006....... 436,991
    b From 2007....... 563,061
    c From 2008....... 1,226,772
    d From 2009....... 1,247,725
    e From 2010....... 1,501,348
    fTotal of lines 3a through e......... 4,975,897
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 31,704,282
    a Applied to 2010, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2011 distributable amount..... 5,527,868
    e Remaining amount distributed out of corpus 26,176,414
    5 Excess distributions carryover applied to 2011.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 31,152,311
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    f Undistributed income for 2011. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		436,991
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		30,715,320
    10 Analysis of line 9:
    a Excess from 2007.... 563,061
    b Excess from 2008.... 1,226,772
    c Excess from 2009.... 1,247,725
    d Excess from 2010.... 1,501,348
    e Excess from 2011.... 26,176,414
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2011, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2011 (b) 2010 (c) 2009 (d) 2008
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    JOHN C MALONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    STANFORD UNIVERSITY
    EPGY ONLINE HIGH SCHOOL
    EPGY VENTURA HALL
    STANFORD,CA94305     		NONE 501(c)(3) GENERAL GRANT 623,108
    YALE UNIVERSITY
    105 WALL STREET
    P O BOX 208229
    NEW HAVEN,CT06520     		NONE 501(c)(3) ENDOWMENT OF CHAIRS IN ENGINEERING 12,120,869
    YALE UNIVERSITY
    105 WALL STREET
    P O BOX 208229
    NEW HAVEN,CT06520     		NONE 501(c)(3) ENDOWMENT OF CHAIRS IN ENGINEERING 6,904,672
    PORTER-GAUD SCHOOL
    300 ALBERMARLE RD
    CHARLESTON,SC29407     		NONE 501(c)(3) GENERAL GRANT 2,000,000
    THE PRAIRIE SCHOOL
    4050 LIGHTHOUSE DR
    RACINE,WI53042     		NONE 501(c)(3) GENERAL GRANT 2,000,000
    ROWLAND HALL
    720 GUARDSMAN WAY
    SALT LAKE CITY,UT84108     		NONE 501(c)(3) GENERAL GRANT 2,000,000
    WAYNFLETE SCHOOL
    360 SPRING ST
    PORTLAND,ME04102     		NONE 501(C)(3) GENERAL GRANT 2,000,000
    THE WHEELER SCHOOL
    216 HOPE ST
    PROVIDENCE,RI02906     		NONE 501(C)(3) GENERAL GRANT 2,000,000
    WILMINGTON FRIENDS SCHOOL
    101 SCHOOL RD
    WILMINGTON,DE19803     		NONE 501(c)(3) GENERAL GRANT 2,000,000
    PULASKI ACADEMY
    12701 HINSON ROAD
    LITTLE ROCK,AR72212     		NONE 501(c)(3) GENERAL GRANT 52,000
    Total .................................bullet 3a 31,700,649
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments          
    4 Dividends and interest from securities....     14 2,539,403  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 14,503,253  
    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)..   17,042,656  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1317,042,656
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2011)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2011 AccountingFeesSchedule
    Name:
    THE MALONE FAMILY FOUNDATION
    EIN: 84-1408520
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MARRS, SEVIER & COMPANY LLC 11,000 8,250   2,750

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

    TY 2011 DepreciationSchedule
    Name:
    THE MALONE FAMILY FOUNDATION
    EIN: 84-1408520
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    COMPUTERS 2000-02-29 5,040 5,040 M5          
    SOFTWARE 2000-02-29 11,200 11,199 SL 3        
    SOFTWARE 2001-03-15 1,377 1,377 SL 3        
    WEB DESIGN 2001-03-15 12,000 12,000 SL 3        
    DELL LP/MONITOR 2002-06-30 2,152 2,152 M5          
    PRINT COPY SCAN FX 2005-04-30 393 393 M5          
    DELL COMPUTER 2008-10-01 1,853 788 M5 5 371      

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    THE MALONE FAMILY FOUNDATION
    EIN: 84-1408520
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ACCOUNT 337    
    CABLEVISION SYS 7.755 5,129,557 5,300,000

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    THE MALONE FAMILY FOUNDATION
    EIN: 84-1408520
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACCOUNT 337    
    DIRECTV    
    DISH NETWORK    
    AT&T 911,930 990,360
    NEWS CORP    
    GENOMIC HEALTH 8,330 33,667
    BCE INC    
    ACCOUNT DW5    
    CONOCO PHILLIPS    
    EXXON MOBIL 2,711,944 3,819,286
    MURPHY OIL CO    
    HEWLETT PACKARD 2,950,026 1,629,964
    HONEYWELL 2,089,837 2,973,217
    UNION PACIFIC 1,605,105 3,065,904
    BAKER HUGHES 2,876,360 1,774,387
    EL PASO CORP 2,810,186 4,117,154
    FORD MOTOR CO 2,450,887 1,831,352
    NIKE    
    PHILLIP MORRIS 1,442,941 2,721,294
    MEDCOHEALTH SOLUTIONS    
    J P MORGAN 3,602,555 3,295,740
    GOLDMAN SACHS    
    TRAVELERS COS INC 2,858,858 2,983,351
    BONY MELLON    
    INTL FLAVORS 2,455,832 2,493,619
    ENTERGY CORP    
    CBS CORP 1,395,993 1,598,139
    BANK OF AMERICA    
    ABBOTT LABS    
    UNITEDHEALTH 2,880,466 2,807,672
    3M    
    COVIDIEN    
    MICRON TECHNOLOGY 1,359,005 1,084,931
    AT&T 4,022,406 3,511,318
    WELLS FARGO 1,255,949 1,463,574
    PEOPLES UNITED 3,004,675 2,897,110
    RENAISSANCE RE HLD 2,820,184 3,017,935
    NUVN EQTY 1,219,212 1,193,390
    UTILITIES SELECT SECT SPDR 1,188,860 1,279,449
    ACCOUNT B2M    
    BAKER HUGHES 2,116,951 1,391,590
    WEATHERFORD    
    EXXON 1,477,394 2,173,246
    DOW CHEMICAL    
    GENERAL ELECTRIC 1,903,850 1,994,278
    CATERPILLAR 993,184 938,163
    JOHNSON CTLS 1,737,189 1,730,554
    PEPSICO 1,907,442 1,995,144
    HEINZ 1,741,851 2,062,437
    ALLERGAN 1,886,521 2,296,594
    MYLAN 2,098,385 2,062,413
    UNITED TECHNOLOGIES 1,460,793 1,870,373
    MCDONALDS 1,526,856 2,576,976
    PHILLIP MORRIS 1,464,610 2,505,474
    BAXTER INTERNATIONAL 1,838,787 1,757,777
    JP MORGAN CHASE 1,735,806 1,685,442
    AMER EXPRESS 1,905,580 1,964,159
    APPLE INC 788,541 2,634,525
    INTEL 1,953,398 2,201,900
    HEALTHCARE SELECT SPDR    
    WALT DISNEY 1,450,657 2,080,688
    AFLAC    
    MICROSOFT 1,520,359 1,967,249
    METLIFE 1,069,648 758,921
    ROUNDING 4  

    TY 2011 InvestmentsOtherSchedule2
    Name:
    THE MALONE FAMILY FOUNDATION
    EIN: 84-1408520
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    KLEINER PERKINS CAUFIELD   429,130 379,450

    TY 2011 LandEtcSchedule2
    Name:
    THE MALONE FAMILY FOUNDATION
    EIN: 84-1408520
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTERS 5,040 5,040    
    SOFTWARE 11,200 11,199 1  
    SOFTWARE 1,377 1,377    
    WEB DESIGN 12,000 12,000    
    DELL LP/MONITOR 2,152 2,152    
    PRINT COPY SCAN FX 393 393    
    DELL COMPUTER 1,853 1,159 694  


    TY 2011 LegalFeesSchedule
    Name:
    THE MALONE FAMILY FOUNDATION
    EIN: 84-1408520
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SHERMAN & HOWARD 3,533 2,649   883


    TY 2011 OtherAssetsSchedule
    Name:
    THE MALONE FAMILY FOUNDATION
    EIN: 84-1408520
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST & DIVIDENDS     287,231


    TY 2011 OtherDecreasesSchedule
    Name:
    THE MALONE FAMILY FOUNDATION
    EIN: 84-1408520
    Description Amount
    BOOK BASIS FOR STOCK SALES MORE THAN TAX 8,877,328


    TY 2011 OtherExpensesSchedule
    Name:
    THE MALONE FAMILY FOUNDATION
    EIN: 84-1408520
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES & SUBSCRIPTIONS 847 847    
    INSURANCE - LIABILITY 2,200 2,200    
    INTERNET 1,224 1,224    
    ACCOUNT MANAGEMENT FEES 1,111,727 1,111,727    
    OVERHEAD 99,318 99,318    
    OFFICE SUPPLIES 143 143    
    TELEPHONE 1,156 1,156    
    POSTAGE 363 363    
    KLEINER PERKINS-PASS THRU 153 153    


    TY 2011 OtherIncomeSchedule2
    Name:
    THE MALONE FAMILY FOUNDATION
    EIN: 84-1408520
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    KLEINER PERKINS OTHER INC FROM SCH K-1      


    TY 2011 OtherLiabilitiesSchedule
    Name:
    THE MALONE FAMILY FOUNDATION
    EIN: 84-1408520
    Description Beginning of Year - Book Value End of Year - Book Value
    NEGATIVE ENDING BOOK VALUES FO    
    STOCK OPTIONS:    
    BEC OPTIONS 28,050  
    NEWS CORP OPTIONS 117,948  
    (NEGATIVE ENDING BOOK VALUES R    


    TY 2011 TaxesSchedule
    Name:
    THE MALONE FAMILY FOUNDATION
    EIN: 84-1408520
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX EXPENSE 220,000