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
DURWARD AND SUSAN HUCKABAY
FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)2531 LAKERIDGE SHORES CIRCLE   Room/suite
City or town, state, and ZIP code
RENO, NV895195728
A Employer identification number

20-4821969
B Telephone number (see page 10 of the instructions)

(775) 826-6766
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$3,947,275J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 86 86  
4 Dividends and interest from securities...... 64,772 64,772  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 539,677
b Gross sales price for all assets on line 6a 5,914,030
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 604,535 64,858  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 2,750 1,550   1,200
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 1,669 724    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 15,006 15,006    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 19,425 17,280   1,200
25 Contributions, gifts, grants paid........ 92,599 92,599
26 Total expenses and disbursements. Add lines 24 and 25 112,024 17,280   93,799
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 492,511
b Net investment income (if negative, enter -0-) 47,578
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............... 953    
2 Savings and temporary cash investments.......... 212,484 32,373 32,373
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........... 1,080 960 960
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 3,013,816 Click to see attachment3,722,050 3,913,942
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 34,539    
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,262,872 3,755,383 3,947,275
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 3,262,872 3,755,383
30 Total net assets or fund balances (see page 17 of the
instructions).................... 3,262,872 3,755,383
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 3,262,872 3,755,383
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 3,262,872
2 Enter amount from Part I, line 27a..................... 2 492,511
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 3,755,383
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 3,755,383
Form 990-PF (2011)
Form 990-PF (2011)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2010 51,468 3,636,183 0.014154
2009 32,980 2,798,420 0.011785
2008 1,033,547 3,445,709 0.299952
2007 59,578 2,781,939 0.021416
2006 404,085 820,199 0.492667
2 Total of line 1, column (d) ...................... 2 0.839974
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 0.167995
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 3,867,931
5 Multiply line 4 by line 3....................... 5 649,793
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 476
7 Add lines 5 and 6......................... 7 650,269
8 Enter qualifying distributions from Part XII, line 4.............. 8 93,799
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 1 952
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............................ 3 952
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- ..... 5 952
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 960
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.............. 7 960
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 8
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet8 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)bullet
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
     
     
    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
     
     
    Website addressbulletN/A
    14
    The books are in care ofbulletJOHN HUCKABAY Telephone no.bullet (775) 826-6766
    Located atbullet2531 LAKERIDGE SHORES CIRCLERENONV ZIP+4bullet89519
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
     
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2011?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years 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
     
     
    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
    SUSAN HUCKABAYClick to see attachment TRUSTEE
    2.00     		0 0 0
    2531 LAKERIDGE SHORES CIRCLE
    RENO,NV89509
    JOHN HUCKABAYClick to see attachment TRUSTEE
    4.00     		0 0 0
    7713 E GUNNING LANE
    SPOKANE,WA99212
    KATHERINE WILLIAMSClick to see attachment TRUSTEE
    1.00     		0 0 0
    694 ADOBE DRIVE
    DANVILLE,CA94526
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    3,842,173
    b
    Average of monthly cash balances.......................
    1b
    84,661
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,926,834
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    3,926,834
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    58,903
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,867,931
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    193,397
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    193,397
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    952
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    952
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    192,445
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    192,445
    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
    192,445
    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
    93,799
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    93,799
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    93,799
    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 7 192,445
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006....... 66,492
    b From 2007.......  
    c From 2008....... 862,268
    d From 2009.......  
    e From 2010.......  
    fTotal of lines 3a through e......... 928,760
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 93,799
    a Applied to 2010, but not more than line 2a  
    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..... 93,799
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2011. 98,646 98,646
    (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 5 830,114
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2011. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		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) .............     		 
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		830,114
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008.... 830,114
    c Excess from 2009....  
    d Excess from 2010....  
    e Excess from 2011....  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2011, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2011 (b) 2010 (c) 2009 (d) 2008
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AMERICAN RED CROSS - NATIONAL
    PO BOX 4002018
    DES MOINES,IA50340     		NONE   GENERAL PURPOSE 200
    ANIMAL ARK
    PO BOX 60057
    RENO,NV895060001     		NONE   GENERAL PURPOSE 50
    ASPCA
    PO BOX 96929
    WASHINGTON,DC200777127     		NONE   GENERAL PURPOSE 325
    BOY SCOUTS OF AMERICA
    1745 SOUTH WELLS AVE
    RENO,NV89502     		NONE   GENERAL PURPOSE 100
    BOYS & GIRLS CLUB OF TRUCKEE MEADOW
    2680 EAST NINTH STREET
    RENO,NV89512     		NONE   GENERAL PURPOSE 100
    BOYS TOWN
    PO BOX 5000
    BOYS TOWN,NE68010     		NONE   GENERAL PURPOSE 100
    CARE
    PO BOX 1870
    MERRIFIELD,VA22116     		NONE   GENERAL PURPOSE 100
    CHILDREN'S HOSPITAL FOUNDATION
    M/S S-200 PO BOX 5371
    SEATTLE,WA98145     		NONE   GENERAL PURPOSE 100
    CHILDREN'S HUNGER RELIEF FUND
    PO BOX 96012
    WASHINGTON,DC200777318     		NONE   GENERAL PURPOSE 24
    CITY OF RENO
    1301 VALLEY ROAD
    RENO,NV89512     		NONE   GENERAL PURPOSE 100
    COLONIAL WILLIAMSBURG FOUNDATION
    PO BOX 1776
    WILLIAMSBURG,VA23187     		NONE   GENERAL PURPOSE 1,000
    COVENANT HOUSE
    PO BOX 96708
    WASHINGTON,DC200906708     		NONE   GENERAL PURPOSE 100
    DOCTORS WITHOUT BORDERS
    333 SEVENTH AVE 2ND FLOO
    NEW YORK,NY100015004     		NONE   GENERAL PURPOSE 500
    EASTER SEALS
    PO BOX 40906
    RENO,NV895044906     		NONE   GENERAL PURPOSE 40
    ELDERHOSTEL
    PO BOX 844027
    BOSTON,MA022844027     		NONE   GENERAL PURPOSE 50
    FEED THE CHILDREN
    PO BOX 36
    OKLAHOMA CITY,OK731010036     		NONE   GENERAL PURPOSE 50
    FEEDING AMERICA
    PO BOX 96749
    WASHINGTON,DC200906749     		NONE   GENERAL PURPOSE 100
    GEORGE W BUSH PRESIDENTIAL CENTER
    PO BOX 560887
    DALLAS,TX753569733     		NONE   GENERAL PURPOSE 375
    GUIDING EYES FOR THE BLIND INC
    PO BOX 709
    YORKTOWN HEIGHTS,NY105980709     		NONE   GENERAL PURPOSE 50
    HAWAII CANINES FOR INDEPENDENCE
    PO BOX 1803
    MAKAWAO,HI96768     		NONE   GENERAL PURPOSE 200
    HELP HOSPITALIZED VETERANS
    PO BOX 98088
    WASHINGTON,DC200908088     		NONE   GENERAL PURPOSE 32
    INLAND NORTHWEST SCOUT FOUNDATION
    411 WEST BOY SCOUT WAY
    SPOKANE,WA99201     		NONE   GENERAL PURPOSE 5,000
    KKG FOUNDATION
    PO BOX 38
    COLUMBUS,OH43216     		NONE   GENERAL PURPOSE 500
    KNPB
    1670 N VIRGINIA ST
    RENO,NV89503     		NONE   GENERAL PURPOSE 200
    KUNR
    MAIL STOP 0294 UNIVERSITY
    RENO,NV89557     		NONE   GENERAL PURPOSE 100
    MAKE-A-WISH FOUNDATION OF NORTHERN
    PO BOX 97104
    WASHINGTON,DC200907104     		NONE   GENERAL PURPOSE 100
    MARINE TOYS FOR TOTS FOUNDATION
    PO BOX 4002896
    DES MOINES,IA503402896     		NONE   GENERAL PURPOSE 200
    MAUI PREPARATORY ACADEMY
    5095 NAPILIHAU STREET 10
    LAHAINA,HI96761     		NONE   GENERAL PURPOSE 15,500
    MT EVANS HOSPICE
    3081 BERGEN PEAK DR
    EVERGREEN,CO80439     		NONE   GENERAL PURPOSE 300
    NATIONAL MS SOCIETY
    PO BOX 512098
    LOS ANGELES,CA90051     		NONE   GENERAL PURPOSE 50
    NATIONAL VETERANS FOUNDATION
    PO BOX 9519
    WILTON,NH030869519     		NONE   GENERAL PURPOSE 18
    NEVADA HUMANE SOCIETY
    2825 LONGLEY LANE B
    RENO,NV89502     		NONE   GENERAL PURPOSE 50
    NEVADA MUSEUM OF ART
    160 WEST LIBERTY STREET
    RENO,NV895011916     		NONE   GENERAL PURPOSE 150
    PROJECT HOPE
    255 CATER HALL LANE
    MILLWOOD,VA22646     		NONE   GENERAL PURPOSE 75
    REAGAN RANCH
    PO BOX 2518
    SANTA BARBARA,CA931202518     		NONE   GENERAL PURPOSE 50
    RENO PHILHARMONIC ASSOCIATION
    925 RIVERSIDE DR 3
    RENO,NV89503     		NONE   GENERAL PURPOSE 1,000
    RENOWN HEALTH FOUNDATION
    PO BOX 40937
    RENO,NV89504     		NONE   GENERAL PURPOSE 50
    SAINT MARY'S FOUNDATION
    520 WEST SIXTH STREET
    RENO,NV895039911     		NONE   GENERAL PURPOSE 100
    SALVATION ARMY
    PO BOX 100339
    ATLANTA,GA303840339     		NONE   GENERAL PURPOSE 20,200
    SHRINERS HOSPITALS FOR CHILDREN
    PO BOX 1510
    RANSON,WV254384510     		NONE   GENERAL PURPOSE 20,000
    SIOUX NATION RELIEF FUND
    PO BOX 5092
    SIOUX FALLS,SD571179867     		NONE   GENERAL PURPOSE 20
    SMITHSONIAN
    PO BOX 9016
    PITTSFIELD,MA01202     		NONE   GENERAL PURPOSE 250
    SMITHSONIAN MAGAZINE
    PO BOX 62066
    TAMPA,FL336620663     		NONE   GENERAL PURPOSE 190
    ST JUDE CHILDRENS HOSPITAL
    PO BOX 50
    MEMPHIS,TN38101     		NONE   GENERAL PURPOSE 300
    THE BUSH SCHOOL
    3400 EAST HARRISON STREET
    SEATTLE,WA98112     		NONE   GENERAL PURPOSE 250
    THE CHURCH OF THE HOLY INNOCENTS
    PO BOX 606
    LAHINA,HI96767     		NONE   GENERAL PURPOSE 3,000
    THE ROTARY FOUNDATION
    1736 FRANKLIN STREET 200
    OAKLAND,CA94612     		NONE   GENERAL PURPOSE 500
    UNICEF
    PO BOX 27708
    NEWARK,NJ071017708     		NONE   GENERAL PURPOSE 300
    UW SCHOOL OF MEDICINE
    815 MERCER ST C-5
    SEATTLE,WA981958045     		NONE   GENERAL PURPOSE 20,000
    VFW
    PO BOX 8942
    TOPEKA,KS666088942     		NONE   GENERAL PURPOSE 50
    WASHINGTON NATIONAL CATHEDRAL
    3001 WISCONSIN AVE NORTHW
    WASHINGTON,DC200730035     		NONE   GENERAL PURPOSE 300
    WORLD WILDLIFE FUND
    1250 TWENTY-FOURTH STREET
    WASHINGTON,DC200777789     		NONE   GENERAL PURPOSE 75
    WOUNDED WARRIOR PROJECT
    PO BOX 758516
    TOPEKA,KS66675     		NONE   GENERAL PURPOSE 25
    Total .................................bullet 3a 92,599
    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     14 86  
    4 Dividends and interest from securities....     14 64,772  
    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     18 539,677  
    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)..   604,535  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13604,535
    (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:
    DURWARD AND SUSAN HUCKABAY
    FOUNDATION
    EIN: 20-4821969
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 2,750 1,550   1,200

    TY 2011 CompensationExplanation
    Name:
    DURWARD AND SUSAN HUCKABAY
    FOUNDATION
    EIN: 20-4821969
    Person Name Explanation
    SUSAN HUCKABAY  
    JOHN HUCKABAY  
    KATHERINE WILLIAMS  

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

    TY 2011 GainLossSaleOtherAssetsSch
    Name:
    DURWARD AND SUSAN HUCKABAY
    FOUNDATION
    EIN: 20-4821969
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    488 SPDR PHARMACEUTICALS ETF 2010-06 PURCHASE 2011-06   24,054 19,031     5,023  
    593 SPDR S&P OIL & GAS ETF 2010-04 PURCHASE 2011-01   21,145 18,962     2,183  
    399 SPDR PHARMACEUTICALS ETF 2010-07 PURCHASE 2011-06   19,667 15,441     4,226  
    2009 ISHARES MSCI SINGAPORE 2010-07 PURCHASE 2011-05   27,621 23,791     3,830  
    250 ISHARES MSCI CHILE ETF 2010-08 PURCHASE 2011-08   17,325 16,253     1,072  
    2777 VANGUARD MSCI EMRG ETF 2010-08 PURCHASE 2011-08   130,775 118,080     12,695  
    1028 ISHARES S&P MDCP 400 ETF 2010-08 PURCHASE 2011-08   94,044 79,878     14,166  
    693 ENERGY SECTOR SPDR ETF 2010-08 PURCHASE 2011-08   51,796 37,331     14,465  
    809 MATERIALS SECTOR SP ETF 2010-08 PURCHASE 2011-08   29,944 25,401     4,543  
    317 VANGUARD INFO TECH ETF 2010-08 PURCHASE 2011-03   19,644 16,477     3,167  
    323 VANGUARD INFO TECH ETF 2010-08 PURCHASE 2011-07   20,666 16,789     3,877  
    270 VANGUARD INFO TECH ETF 2010-08 PURCHASE 2011-08   16,739 14,034     2,705  
    4506 ISHARES S&P SMALLCP ETF 2010-08 PURCHASE 2011-08   311,360 246,512     64,848  
    1805 CONSUMR STPLE SCTOR ETF 2010-08 PURCHASE 2011-08   54,931 48,350     6,581  
    1326 ISHARES MSCI MALAYSIA 2010-09 PURCHASE 2011-06   19,880 17,637     2,243  
    399 ISHARES MSCI MALAYSI ETF 2010-09 PURCHASE 2011-08   5,999 5,307     692  
    398 SPDR PHARMACEUTICALS ETF 2010-09 PURCHASE 2011-06   19,618 17,328     2,290  
    422 VANGUARD TELECOMM ETF 2010-09 PURCHASE 2011-08   27,949 26,305     1,644  
    95 ISHRE BRLCY 7-10 YR ETF 2010-09 PURCHASE 2011-08   9,463 9,386     77  
    50 ISHARES BRCLY INTER ETF 2010-09 PURCHASE 2011-08   5,407 5,406     1  
    40 ISHARES BRCLY INTER ETF 2010-09 PURCHASE 2011-08   4,326 4,326        
    95 ISHARES INV GR BOND ETF 2010-11 PURCHASE 2011-08   10,738 10,582     156  
    30 ISHARES INV GR BOND ETF 2010-11 PURCHASE 2011-08   3,391 3,343     48  
    32 ISHARES INV GR BOND ETF 2010-11 PURCHASE 2011-08   3,617 3,546     71  
    693 SPDR S&P OIL & GAS ETF 2010-11 PURCHASE 2011-01   24,710 23,045     1,665  
    385 ISHARES RUSSELL 2000 IDX 2010-11 PURCHASE 2011-06   31,241 27,840     3,401  
    2961 ISHARES MSCI MALAYSI ETF 2010-11 PURCHASE 2011-08   44,517 40,588     3,929  
    167 ISHARES S&P MDCP 400 ETF 2010-12 PURCHASE 2011-08   15,278 14,801     477  
    351 ISHARES S&P SMALLCP ETF 2010-12 PURCHASE 2011-08   24,254 23,399     855  
    1627 FINANCIAL SECTOR SPD ETF 2010-12 PURCHASE 2011-08   23,498 25,263     -1,765  
    839 ENERGY SECTOR SPDR ETF 2011-01 PURCHASE 2011-08   62,708 56,945     5,763  
    378 ISHARES S&P MDCP 400 ETF 2011-01 PURCHASE 2011-08   34,580 34,886     -306  
    488 ISHARES S&P SMALLCP ETF 2011-01 PURCHASE 2011-08   33,720 33,901     -181  
    145 ISHRS BRCLYS 1-3YR ETF 2011-01 PURCHASE 2011-08   15,240 15,149     91  
    220 SPDR BRCL CP H/Y BND ETF 2011-01 PURCHASE 2011-08   8,759 8,834     -75  
    151 ISHRS BRCLYS 1-3YR ETF 2011-01 PURCHASE 2011-08   15,870 15,772     98  
    220 SPDR BRCL CP H/Y BND ETF 2011-01 PURCHASE 2011-08   8,759 8,822     -63  
    225 SPDR BRCL CP H/Y BND ETF 2011-01 PURCHASE 2011-08   8,958 9,053     -95  
    315 SPDR S&P SEMICONDCTR ETF 2011-02 PURCHASE 2011-08   15,824 19,554     -3,730  
    3433 ISHARES MSCI JAPAN ETF 2011-02 PURCHASE 2011-03   33,851 39,214     -5,363  
    607 VANGUARD MSCI EMRG ETF 2011-02 PURCHASE 2011-08   28,585 27,861     724  
    593 HEALTH CARE SECTOR ETF 2011-03 PURCHASE 2011-08   19,524 19,041     483  
    891 VANGUARD MSCI EAFE ETF 2011-03 PURCHASE 2011-08   31,981 31,399     582  
    702 VANGUARD MSCI EAFE ETF 2011-05 PURCHASE 2011-08   25,197 27,011     -1,814  
    454 CONSUMR DISC SECTOR ETF 2011-05 PURCHASE 2011-08   17,363 18,426     -1,063  
    2405 ISHARES MSCI UNITED ETF 2011-06 PURCHASE 2011-08   41,419 43,730     -2,311  
    1242 VANGUARD MSCI EAFE ETF 2011-06 PURCHASE 2011-08   44,579 47,042     -2,463  
    970 HEALTH CARE SECTOR ETF 2011-06 PURCHASE 2011-08   31,936 34,010     -2,074  
    757 SPDR S&P BIOTECH ETF 2011-06 PURCHASE 2011-08   51,695 54,829     -3,134  
    596 CONSUMR STPLE SCTOR ETF 2011-07 PURCHASE 2011-08   18,138 18,702     -564  
    183 SPDR S&P 500 TRUST ETF 2011-08 PURCHASE 2011-08   23,106 23,228     -122  
    3491 ISHARES MSCI EAFE IN ETF 2007-05 PURCHASE 2011-08   197,770 278,372     -80,602  
    111 ISHRE BRLCY 7-10 YR ETF 2007-05 PURCHASE 2011-08   11,057 9,148     1,909  
    751 POWERSHARES DB COMMD ETF 2007-11 PURCHASE 2011-08   22,766 23,184     -418  
    614 ISHARES BRCLY INTER ETF 2007-11 PURCHASE 2011-08   66,403 62,360     4,043  
    13 ISHRS BRCLYS 1-3YR ETF 2008-02 PURCHASE 2011-08   1,366 1,344     22  
    11 POWERSHARES DB COMMD ETF 2008-02 PURCHASE 2011-08   333 360     -27  
    11 SPDR BRCL CP H/Y BND ETF 2008-02 PURCHASE 2011-08   438 489     -51  
    7 ISHARES MSCI EAFE IN ETF 2008-03 PURCHASE 2011-08   397 484     -87  
    142 ISHARES INV GR BOND ETF 2008-07 PURCHASE 2011-01   15,451 14,175     1,276  
    97 ISHARES INV GR BOND ETF 2008-07 PURCHASE 2011-08   10,964 9,683     1,281  
    120 ISHRE BRLCY 7-10 YR ETF 2008-08 PURCHASE 2011-08   11,954 10,493     1,461  
    77 ISHRE BRCLY 1-3YR TR ETF 2008-08 PURCHASE 2011-08   6,506 6,369     137  
    10 ISHRE BRLCY 7-10 YR ETF 2008-08 PURCHASE 2011-08   996 880     116  
    5 ISHRE BRCLY 1-3YR TR ETF 2008-08 PURCHASE 2011-08   422 414     8  
    60 ISHRE BRLCY 7-10 YR ETF 2008-08 PURCHASE 2011-08   5,977 5,300     677  
    68 ISHRE BRCLY 1-3YR TR ETF 2008-08 PURCHASE 2011-08   5,745 5,633     112  
    259 ISHARES INV GR BOND ETF 2008-09 PURCHASE 2011-08   29,274 26,321     2,953  
    71 ISHARES S&P SMALLCP ETF 2008-10 PURCHASE 2011-08   4,906 4,189     717  
    170 ISHARES MSCI EAFE IN ETF 2008-11 PURCHASE 2011-08   9,631 6,960     2,671  
    170 ISHARES MSCI EAFE IN ETF 2008-11 PURCHASE 2011-08   9,631 7,041     2,590  
    179 ISHARES MSCI EAFE IN ETF 2008-12 PURCHASE 2011-08   10,141 6,984     3,157  
    630 POWERSHARES DB COMMD ETF 2008-12 PURCHASE 2011-08   19,098 13,033     6,065  
    633 POWERSHARES DB COMMD ETF 2008-12 PURCHASE 2011-08   19,189 12,964     6,225  
    395 ISHARES S&P SMALLCP ETF 2009-01 PURCHASE 2011-08   27,294 15,768     11,526  
    245 ISHARES S&P SMALLCP ETF 2009-01 PURCHASE 2011-08   16,929 9,853     7,076  
    659 ISHARES S&P SMALLCP ETF 2009-01 PURCHASE 2011-08   45,536 26,386     19,150  
    161 ISHARES BRCLYS MBS ETF 2009-02 PURCHASE 2011-08   17,314 16,821     493  
    151 SPDR S&P 500 TRUST ETF 2009-02 PURCHASE 2011-02   19,935 11,637     8,298  
    4 SPDR S&P 500 TRUST ETF 2009-02 PURCHASE 2011-08   505 308     197  
    1362 VANGUARD MSCI EAFE ETF 2009-03 PURCHASE 2011-08   48,886 30,049     18,837  
    1601 POWERSHARES DB COMMD ETF 2009-04 PURCHASE 2011-08   48,533 33,319     15,214  
    331 SPDR S&P 500 TRUST ETF 2009-04 PURCHASE 2011-08   41,792 27,759     14,033  
    647 VANGUARD EMRG MKTS ETF 2009-04 PURCHASE 2011-01   31,425 16,775     14,650  
    235 ISHARES INV GR BOND ETF 2009-04 PURCHASE 2011-08   26,562 22,583     3,979  
    40 SPDR BRCL CP H/Y BND ETF 2009-05 PURCHASE 2011-08   1,593 1,339     254  
    250 SPDR BRCL CP H/Y BND ETF 2009-05 PURCHASE 2011-08   9,953 8,409     1,544  
    255 SPDR BRCL CP H/Y BND ETF 2009-05 PURCHASE 2011-08   10,152 8,650     1,502  
    145 SPDR BRCL CP H/Y BND ETF 2009-05 PURCHASE 2011-08   5,773 4,958     815  
    150 SPDR BRCL CP H/Y BND ETF 2009-05 PURCHASE 2011-08   5,972 5,089     883  
    117 SPDR BRCL CP H/Y BND ETF 2009-05 PURCHASE 2011-08   4,658 3,941     717  
    375 VANGUARD MSCI EAFE ETF 2009-05 PURCHASE 2011-08   13,460 10,189     3,271  
    55 ISHARES S&P PRD STK ETF 2009-05 PURCHASE 2011-08   2,127 1,588     539  
    1136 VANGUARD MSCI EAFE ETF 2009-05 PURCHASE 2011-08   40,774 30,714     10,060  
    55 ISHARES S&P PRD STK ETF 2009-05 PURCHASE 2011-08   2,127 1,628     499  
    5 ISHARES S&P PRD STK ETF 2009-05 PURCHASE 2011-08   193 149     44  
    80 ISHARES S&P PRD STK ETF 2009-05 PURCHASE 2011-08   3,094 2,463     631  
    192 ISHARES S&P MIDCAP 400 2009-05 PURCHASE 2011-06   18,536 10,642     7,894  
    85 ISHARES S&P PRD STK ETF 2009-05 PURCHASE 2011-08   3,287 2,579     708  
    223 ISHARES S&P MIDCAP 400 2009-06 PURCHASE 2011-06   21,529 13,216     8,313  
    12 ISHARES S&P MDCP 400 ETF 2009-06 PURCHASE 2011-08   1,098 711     387  
    719 ISHARES S&P MDCP 400 ETF 2009-06 PURCHASE 2011-08   65,776 42,909     22,867  
    1538 ISHARES S&P MDCP 400 ETF 2009-06 PURCHASE 2011-08   140,700 92,485     48,215  
    1179 ISHARES S&P MDCP 400 ETF 2009-06 PURCHASE 2011-08   107,858 67,959     39,899  
    670 ISHARES S&P MDCP 400 ETF 2009-06 PURCHASE 2011-08   61,293 38,412     22,881  
    663 ISHARES S&P SMALLCP ETF 2009-06 PURCHASE 2011-08   45,813 29,263     16,550  
    143 VANGUARD EMRG MKTS ETF 2009-06 PURCHASE 2011-01   6,945 4,604     2,341  
    2720 VANGUARD MSCI EMRG ETF 2009-06 PURCHASE 2011-08   128,090 87,577     40,513  
    265 ISHARES S&P SMALLCP ETF 2009-07 PURCHASE 2011-08   18,311 12,082     6,229  
    276 ISHARES S&P SMALLCP ETF 2009-07 PURCHASE 2011-08   19,071 12,620     6,451  
    170 ISHARES S&P PRD STK ETF 2009-08 PURCHASE 2011-08   6,574 6,018     556  
    170 ISHARES S&P PRD STK ETF 2009-08 PURCHASE 2011-08   6,574 6,001     573  
    180 ISHARES S&P PRD STK ETF 2009-08 PURCHASE 2011-08   6,961 6,377     584  
    261 SPDR S&P 500 TRUST ETF 2009-08 PURCHASE 2011-08   32,954 26,976     5,978  
    351 VANGUARD REIT ETF 2009-08 PURCHASE 2011-08   20,562 13,681     6,881  
    170 ISHARES S&P PRD STK ETF 2009-08 PURCHASE 2011-08   6,574 6,016     558  
    158 ISHARES S&P PRD STK ETF 2009-08 PURCHASE 2011-08   6,110 5,591     519  
    47 RYDEX S&P E W TECH ETF 2009-09 PURCHASE 2011-08   2,386 1,815     571  
    283 RYDEX S&P E W TECH ETF 2009-09 PURCHASE 2011-08   14,367 10,759     3,608  
    110 RYDEX S&P E W TECH ETF 2009-09 PURCHASE 2011-08   5,584 4,517     1,067  
    118 RYDEX S&P E W TECH ETF 2009-09 PURCHASE 2011-08   5,991 4,837     1,154  
    337 VANGUARD MSCI EMRG ETF 2009-09 PURCHASE 2011-08   15,870 13,045     2,825  
    1173 VANGUARD MSCI EAFE ETF 2009-09 PURCHASE 2011-08   42,102 40,922     1,180  
    582 CONSUMR DISC SECTOR ETF 2009-09 PURCHASE 2011-08   22,258 16,202     6,056  
    1124 CONSUMR DISC SECTOR ETF 2009-09 PURCHASE 2011-08   42,986 31,294     11,692  
    320 VANGUARD REIT ETF 2009-10 PURCHASE 2011-08   18,746 13,402     5,344  
    325 VANGUARD REIT ETF 2009-10 PURCHASE 2011-08   19,039 13,323     5,716  
    107 SPDR S&P OIL & GAS ETF 2009-10 PURCHASE 2011-01   3,815 3,247     568  
    242 SPDR S&P OIL & GAS ETF 2009-10 PURCHASE 2011-01   8,629 7,474     1,155  
    770 RYDEX S&P E W TECH ETF 2009-11 PURCHASE 2011-08   39,091 31,957     7,134  
    387 RYDEX S&P EW HEALTHCARE 2009-11 PURCHASE 2011-06   27,501 21,163     6,338  
    1226 FINANCIAL SECTOR SPDR 2009-12 PURCHASE 2011-05   19,515 17,599     1,916  
    1521 FINANCIAL SECTOR SPD ETF 2009-12 PURCHASE 2011-08   21,967 21,834     133  
    941 UTILITIES SECTOR SPD ETF 2009-12 PURCHASE 2011-08   30,990 29,393     1,597  
    2510 INDUSTRIAL SECTOR SP ETF 2010-01 PURCHASE 2011-08   84,091 73,504     10,587  
    574 VANGUARD MSCI EAFE ETF 2010-01 PURCHASE 2011-08   20,603 18,804     1,799  
    60 ISHRE BRCLY 1-3YR TR ETF 2010-02 PURCHASE 2011-08   5,069 5,018     51  
    60 ISHRE BRCLY 1-3YR TR ETF 2010-02 PURCHASE 2011-08   5,069 5,015     54  
    67 ISHRE BRCLY 1-3YR TR ETF 2010-02 PURCHASE 2011-08   5,661 5,595     66  
    76 ISHRS BRCLYS 1-3YR ETF 2010-02 PURCHASE 2011-08   7,988 7,917     71  
    355 SPDR BRCL CP H/Y BND ETF 2010-02 PURCHASE 2011-08   14,134 13,258     876  
    266 VANGUARD TELECOMM ETF 2010-02 PURCHASE 2011-08   17,617 14,109     3,508  
    107 ISHRE BRLCY 7-10 YR ETF 2010-03 PURCHASE 2011-08   10,659 9,629     1,030  
    70 ISHRS BRCLYS 1-3YR ETF 2010-03 PURCHASE 2011-08   7,357 7,317     40  
    76 ISHRS BRCLYS 1-3YR ETF 2010-03 PURCHASE 2011-08   7,988 7,941     47  
    191 RYDEX S&P E W TECH ETF 2010-03 PURCHASE 2011-08   9,697 9,138     559  
    142 ISHARES S&P MDCP 400 ETF 2010-03 PURCHASE 2011-08   12,991 11,171     1,820  
    169 KBW INSURANCE ETF 2010-04 PURCHASE 2011-08   6,463 7,041     -578  
    120 ISHRE BRLCY 7-10 YR ETF 2010-04 PURCHASE 2011-08   11,954 10,620     1,334  
    129 ISHRE BRLCY 7-10 YR ETF 2010-04 PURCHASE 2011-08   12,850 11,451     1,399  
    870 FINANCIAL SECTOR SPD ETF 2010-04 PURCHASE 2011-08   12,565 14,468     -1,903  
    1212 FINANCIAL SECTOR SPD ETF 2010-04 PURCHASE 2011-08   17,505 19,842     -2,337  
    445 KBW INSURANCE ETF 2010-04 PURCHASE 2011-08   17,018 19,452     -2,434  
    561 CONSUMR DISC SECTOR ETF 2010-05 PURCHASE 2011-08   21,455 19,132     2,323  
    324 VANGUARD REIT ETF 2010-05 PURCHASE 2011-08   18,981 15,900     3,081  
    1828 VANGUARD MSCI EAFE ETF 2010-05 PURCHASE 2011-08   65,612 58,399     7,213  
    659 CONSUMR STPLE SCTOR ETF 2010-05 PURCHASE 2011-08   20,055 18,197     1,858  
    572 CONSUMR DISC SECTOR ETF 2010-06 PURCHASE 2011-08   21,876 18,224     3,652  
    133 SPDR S&P 500 TRUST ETF 2010-06 PURCHASE 2011-08   16,793 14,051     2,742  
    379 VANGUARD MSCI EMRG ETF 2010-06 PURCHASE 2011-08   17,848 14,129     3,719  
    653 CONSUMR STPLE SCTOR ETF 2010-06 PURCHASE 2011-08   19,872 17,242     2,630  
    275 ISHARES MSCI CHILE ETF 2010-07 PURCHASE 2011-08   19,057 16,196     2,861  
    357 VANGUARD MSCI EMRG ETF 2010-07 PURCHASE 2011-08   16,812 14,339     2,473  
    820 POWERSHARES DYNAMIC ETF 2010-07 PURCHASE 2011-08   20,042 17,229     2,813  
    36,418.711 SENTINEL SHORT MATURITY 2011-08 PURCHASE 2011-09   336,145 337,966     -1,821  
    145,924.324 SENTINEL SHORT MATURITY 2011-08 PURCHASE 2011-09   1,349,800 1,354,178     -4,378  
    4,357.298 SENTINEL SHORT MATURITY 2011-08 PURCHASE 2011-12   40,000 40,436     -436  
    SHORT TERM LOSS FROM PARTNESHIP 2011-06 PURCHASE 2011-12     342     -342  
    LONGTERM CAPITAL LOSS FROM PARTNERSH 2010-06 PURCHASE 2011-12   1,608       1,608  
    CUM ADJ TO BASIS POWERSHARES 2010-06 PURCHASE 2011-08     40,205     -40,205  
    LT STRADDLES- POWERSHAR 2010-06 PURCHASE 2011-12   2,971       2,971  
    ST STRADDLES - POWERSHARES 2011-06 PURCHASE 2011-12   1,980       1,980  

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    DURWARD AND SUSAN HUCKABAY
    FOUNDATION
    EIN: 20-4821969
    Name of Stock End of Year Book Value End of Year Fair Market Value
    STOCKS AND OPTIONS AT WELLS FARGO    
    STOCKS & MUTUAL FUNDS AT MORGAN STAN 3,722,050 3,913,942

    TY 2011 InvestmentsOtherSchedule2
    Name:
    DURWARD AND SUSAN HUCKABAY
    FOUNDATION
    EIN: 20-4821969
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INTEREST IN PARTNERSHIP ACTIVITY- PO AT COST    

    TY 2011 OtherExpensesSchedule
    Name:
    DURWARD AND SUSAN HUCKABAY
    FOUNDATION
    EIN: 20-4821969
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INVESTMENT FEES 14,172 14,172    
    PARTNERSHIP FEES 608 608    
    BANK FEES 226 226    


    TY 2011 TaxesSchedule
    Name:
    DURWARD AND SUSAN HUCKABAY
    FOUNDATION
    EIN: 20-4821969
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX WITHHELD 724 724    
    EXCISE TAX PAID IN 2010 945