TY 2011 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation

Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.

OMB No. 1545-0052

2011

For calendar year 2011, or tax year beginning 01-01-2011 , and ending 12-31-2011

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

Amended returnAddress changeName change

Name of foundation
JEANETTE E & BENJAMIN F HUNTER SCHOLARSHIP

Number and street (or P.O. box number if mail is not delivered to street address)REGIONS BANK TRUST DEPT PO BOX 2886 Room/suite

City or town, state, and ZIP code
MOBILE, AL366522886

A Employer identification number

37-6022836

B Telephone number (see page 10 of the instructions)

(251) 690-1024

C If exemption application is pending, check here bullet

D 1. Foreign organizations, check here . bullet

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

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

$4,552,018J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

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

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments	1		1
4	Dividends and interest from securities......	38,468		39,748
5a	Gross rents..............	186,987		186,987
b	Net rental income or (loss) 101,263
6a	Net gain or (loss) from sale of assets not on line 10		175,757
b	Gross sales price for all assets on line 6a 1,118,267
7	Capital gain net income (from Part IV, line 2)...			175,757
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	401,213		402,493
13	Compensation of officers, directors, trustees, etc.	35,483		28,386		7,097
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......		900	0	0	900
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see page 14 of the instructions)		6,817	460		0
19	Depreciation (attach schedule) and depletion...		1,912	1,912
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		83,880	83,812		15
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	128,992		114,570	0	8,012
25	Contributions, gifts, grants paid........	185,360				185,360
26	Total expenses and disbursements. Add lines 24 and 25	314,352		114,570	0	193,372
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	86,861
b	Net investment income (if negative, enter -0-)			287,923
c	Adjusted net income (if negative, enter -0-)...				0

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

Cat. No. 11289X Form 990-PF (2011)

Form 990-PF (2011)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	121,443	19,587	19,587
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see page 15 of the
		instructions)....................
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)	220,606	260,434	260,962
	b	Investments—corporate stock (attach schedule)........	657,425	525,244	567,499
	c	Investments—corporate bonds (attach schedule)........	192,988	476,852	471,382
	11	Investments—land, buildings, and equipment: basis 639,429
		Less: accumulated depreciation (attach schedule) 502,231	139,110	137,198	3,232,588
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........			0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,331,572	1,419,315	4,552,018
	17	Accounts payable and accrued expenses..........
	18	Grants payable...................
	19	Deferred revenue..................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	1,331,572	1,419,315
	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)....................	1,331,572	1,419,315
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	1,331,572	1,419,315

Part III	Analysis of Changes in Net Assets or Fund Balances
1	Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
	with end-of-year figure reported on prior year’s return)...............	1	1,331,572
2	Enter amount from Part I, line 27a.....................	2	86,861
3	Other increases not included in line 2 (itemize)	3	882
4	Add lines 1, 2, and 3..........................	4	1,419,315
5	Decreases not included in line 2 (itemize)	5	0
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	1,419,315

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.)		(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	1000. AT&T INC DTD 05/13/08 5.6% 05/15/2018	2009-05-07	2011-01-07
b	1000. ABBOTT LABS DTD 3/3/09 5.125% 04/01/2019	2009-05-07	2011-01-07
c	1000. BB& T CORPORATION DTD 7/27/09 3.85% 07/2	2010-04-28	2011-01-07
d	1000. BARCLAYS BANK PLC DTD 04/07/2010 3.9% 04	2010-03-31	2011-01-07
e	1000. CATERPILLAR INC DTD 12/05/08 7.9% 12/15/	2009-05-11	2011-01-07
	3000. CITIGROUP INC FDIC GUARANTEED DTD 08/06/2009 2.25% 12/10/2012	2009-12-15	2011-01-07
	1000. CREDIT SUISSE NEW YORK DTD 5/4/09 5.5% 0	2009-07-07	2011-01-07
	2000. JOHN DEERE CAPITAL CORP INSD: FDIC DTD 12/19/08 2.875% 06/19/201	2009-05-07	2011-01-07
	2000. FEDERAL HOME LOAN MORTGAGE CORP 5.75% DTD 1/14/02 DUE 1/15/2012	2009-05-07	2011-01-07
	3000. FANNIE MAE DTD 03/07/08 2.75% 04/11/2011	2009-05-07	2011-01-07
	1000. GENERAL ELECTRIC CO 5% 02/01/2013	2009-05-11	2011-01-07
	2000. GENERAL ELEC CAP CORP FDIC INSURED DTD 01/08/09 2.2% 06/08/2012	2009-05-07	2011-01-07
	1000. GOLDMAN SACHS GROUP INC DTD 2/5/09 7.5%	2010-05-20	2011-01-07
	1000. GOLDMAN SACHS GROUP INC DTD 5/6/09 6% 05	2009-05-27	2011-01-07
	2000. GOLDMAN SACHS GROUP INC FDIC INSURED DTD 01/21/09 1.625% 07/15/2	2009-05-07	2011-01-07
	1000. J P MORGAN CHASE & CO DTD 04/23/09 6.3%	2010-02-09	2011-01-07
	1000. MERRILL LYNCH & CO INC SERIES: MTN DTD 04/25/08 6.875% 04/25/201	2009-07-23	2011-01-07
	1000. ORACLE CORPORATION DTD 04/09/08 5.75% 04	2009-05-07	2011-01-07
	1000. PFIZER INC DTD 3/24/09 6.2% 03/15/2019	2010-02-04	2011-01-07
	1000. TARGET CORP CALLABLE 5.375% 05/01/2017	2009-05-08	2011-01-07
	2000. UNITED STATES TREASURY N/B DTD 11/30/09	2009-12-14	2011-01-07
	2000. UNITED STATES TREASURY N/B DTD 08/16/201	2010-10-07	2011-01-07
	1000. VERIZON COMMUNICATIONS 5.55% 02/15/201	2009-05-11	2011-01-07
	1000. WACHOVIA CORP DTD 06/08/07 5.75% 06/15/2	2009-05-07	2011-01-11
	947. FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5% 05/0	2009-05-07	2011-01-18
	175. EATON CORP	2009-07-13	2011-01-25
	907.62 FEDERAL NATIONAL MORTGAGE ASSN POOL #745	2009-05-07	2011-01-25
	300. TIFFANY & CO	2009-07-22	2011-01-25
	9000. CITIGROUP INC FDIC GUARANTEED DTD 08/06/2009 2.25% 12/10/2012	2009-12-15	2011-01-28
	1000. GENERAL ELECTRIC CO 5% 02/01/2013	2009-05-11	2011-02-09
	3000. GENERAL ELECTRIC CO 5% 02/01/2013	2009-05-11	2011-02-09
	1000. GENERAL ELECTRIC CO 5% 02/01/2013	2010-02-09	2011-02-09
	8000. UNITED STATES TREASURY N/B DTD 11/30/09	2009-12-14	2011-02-14
	580.32 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14031 DTD 01/01/2011 5%	2011-01-07	2011-02-15
	1957.82 FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5% 0	2009-05-07	2011-02-15
	175. WALMART STORES INC COM	2009-07-22	2011-02-23
	300.01 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-02-25
	809.65 FEDERAL NATIONAL MORTGAGE ASSN POOL #745	2009-05-07	2011-02-25
	1320.81 BLACKROCK US OPPORTUNITIES-I	2009-12-29	2011-03-04
	512.32 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14031 DTD 01/01/2011 5%	2011-01-07	2011-03-15
	2341.86 FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5% 0	2009-05-07	2011-03-15
	50. ALLERGAN INC	2009-07-22	2011-03-21
	75. AMERICAN EXPRESS CO	2009-05-18	2011-03-21
	1700. ARTISAN FDS INC SMALL CAP VALUE FD-INV	2009-05-18	2011-03-21
	1325. ARTISAN FDS INC MID CAP VALUE FD INV SHS	2009-05-18	2011-03-21
	25. AUTO DESK INC	2010-08-27	2011-03-21
	50. BLACKROCK INC	2011-01-25	2011-03-21
	950. BUFFALO SMALL CAP FUND	2009-05-18	2011-03-21
	75. CATERPILLAR INC	2010-02-10	2011-03-21
	25. CHEVRONTEXACO CORP COM	2009-07-22	2011-03-21
	275. E M C CORP MASS COM	2009-07-22	2011-03-21
	25. EXXON MOBIL CORP	2009-05-18	2011-03-21
	150. GENERAL ELEC CO COM	2010-03-31	2011-03-21
	225. HALLIBURTON CO	2009-07-22	2011-03-21
	50. HESS CORPORATION	2009-07-22	2011-03-21
	1225. HIGH MARK GENEVA MID CAP GROWTH FD CL FI	2011-03-04	2011-03-21
	75. JP MORGAN CHASE & CO COM	2009-07-22	2011-03-21
	125. JUNIPER NETWORKS	2009-07-22	2011-03-21
	75. MCGRAW HILL COS INC COM	2010-02-10	2011-03-21
	50. MERCK & CO. INC. NEW	2010-08-30	2011-03-21
	75. NORFOLK SOUTHN CORP COM W/RIGHTS ATTACHED EXP 9/26/2010	2009-07-22	2011-03-21
	100. ORACLE CORPORATION COM	2009-07-22	2011-03-21
	75. PRUDENTIAL FINANCIAL INC COM	2009-05-18	2011-03-21
	75. ROBERT HALF INTL INC COM	2009-07-22	2011-03-21
	50. SCHLUMBERGER LTD COM	2009-07-22	2011-03-21
	100. STRYKER CORP	2009-07-22	2011-03-21
	75. THERMO ELECTRON CORP	2009-07-22	2011-03-21
	25. 3M CO COM	2009-07-13	2011-03-21
	75. TRAVELERS COMPANIES, INC.	2009-07-22	2011-03-21
	75. UNITED TECHNOLOGIES CORP COM	2009-07-22	2011-03-21
	25. V F CORP	2010-02-10	2011-03-21
	50. VERIZON COMMUNICATIONS COM	2009-07-22	2011-03-21
	75. WALGREEN CO COM	2009-05-18	2011-03-21
	302.83 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-03-25
	655.37 FEDERAL NATIONAL MORTGAGE ASSN POOL #745	2009-05-07	2011-03-25
	25. ABBOTT LABS W/RIGHTS ATTACHED EXP 11/10/2009	2011-03-21	2011-03-31
	200. ABBOTT LABS W/RIGHTS ATTACHED EXP 11/10/2009	2009-07-22	2011-03-31
	1000. CREDIT SUISSE NEW YORK DTD 5/4/09 5.5% 0	2009-07-07	2011-04-07
	17000. FANNIE MAE DTD 03/07/08 2.75% 04/11/2011	2009-05-07	2011-04-11
	499.05 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14031 DTD 01/01/2011 5%	2011-01-07	2011-04-15
	895.11 FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5% 05	2009-05-07	2011-04-15
	308.21 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-04-25
	869.87 FEDERAL NATIONAL MORTGAGE ASSN POOL #745	2009-05-07	2011-04-25
	1000. GENERAL ELECTRIC CAPITAL CORP DTD 02/11/	2011-02-09	2011-05-06
	1000. UNITED STATES TREASURY N/B DTD 11/15/201	2010-12-10	2011-05-06
	393.73 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14031 DTD 01/01/2011 5%	2011-01-07	2011-05-16
	997.74 FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5% 05	2009-05-07	2011-05-16
	235.89 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-05-25
	816.13 FEDERAL NATIONAL MORTGAGE ASSN POOL #745	2009-05-07	2011-05-25
	6229.8 UNITED STATES TREASURY INFLATION INDEX BOND DTD 07/15/08 1.375%	2009-11-10	2011-06-07
	376.27 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14031 DTD 01/01/2011 5%	2011-01-07	2011-06-15
	478.9 FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5% 05/	2009-05-07	2011-06-15
	241.06 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-06-27
	774.33 FEDERAL NATIONAL MORTGAGE ASSN POOL #745	2009-05-07	2011-06-27
	20. ALLERGAN INC	2009-07-13	2011-07-05
	80. AMERICAN EXPRESS CO	2009-07-13	2011-07-05
	40. APACHE CORP COM	2010-01-07	2011-07-05
	290. ARTISAN FDS INC SMALL CAP VALUE FD-INV	2009-05-18	2011-07-05
	240. ARTISAN FDS INC MID CAP VALUE FD INV SHS	2009-04-15	2011-07-05
	30. AUTO DESK INC	2010-08-27	2011-07-05
	200. BUFFALO SMALL CAP FUND	2009-04-20	2011-07-05
	60. CVS CORP	2009-07-22	2011-07-05
	20. CATERPILLAR INC	2010-02-10	2011-07-05
	20. CHEVRONTEXACO CORP COM	2009-05-18	2011-07-05
	10. CISCO SYSTEMS COM STK	2009-07-22	2011-07-05
	80. E M C CORP MASS COM	2009-07-13	2011-07-05
	20. EMERSON ELEC CO	2011-02-23	2011-07-05
	440. AMERICAN EUROPACIFIC GRTH-F2	2009-05-18	2011-07-05
	50. GENERAL ELEC CO COM	2010-03-31	2011-07-05
	10. GOOGLE INC CL A	2011-01-25	2011-07-05
	30. HALLIBURTON CO	2009-07-13	2011-07-05
	10. HESS CORPORATION	2009-07-22	2011-07-05
	250. HIGH MARK GENEVA MID CAP GROWTH FD CL FI	2011-03-04	2011-07-05
	110. INTEL CORP COM	2009-07-22	2011-07-05
	30. JOHNSON & JOHNSON COM	2009-07-22	2011-07-05
	80. MATTEL INC	2011-03-21	2011-07-05
	50. MCGRAW HILL COS INC COM	2010-02-10	2011-07-05
	60. MERCK & CO. INC. NEW	2010-08-30	2011-07-05
	80. MICROSOFT CORP COM	2009-07-22	2011-07-05
	20. MONSANTO CO NEW COM	2009-07-22	2011-07-05
	20. NEXTERA ENERGY, INC.	2011-03-21	2011-07-05
	20. NORFOLK SOUTHN CORP COM W/RIGHTS ATTACHED EXP 9/26/2010	2009-07-13	2011-07-05
	60. ORACLE CORPORATION COM	2009-07-13	2011-07-05
	30. PEPSICO INC COM	2009-07-22	2011-07-05
	30. PROCTER & GAMBLE CO	2009-07-22	2011-07-05
	30. PRUDENTIAL FINANCIAL INC COM	2009-07-22	2011-07-05
	40. QUALCOMM INC	2009-07-22	2011-07-05
	20. ROBERT HALF INTL INC COM	2009-05-18	2011-07-05
	10. SCHLUMBERGER LTD COM	2009-05-18	2011-07-05
	50. STATE STREET CORP COM	2009-11-20	2011-07-05
	10. TEVA PHARMACEUTICAL INDS SPONS ADR	2009-07-22	2011-07-05
	70. TEXAS INSTRS INC	2011-03-31	2011-07-05
	30. THERMO ELECTRON CORP	2009-07-13	2011-07-05
	620. THORNBURG INTL VALUE FD CL I #209	2009-05-18	2011-07-05
	20. 3M CO COM	2009-07-13	2011-07-05
	20. TRAVELERS COMPANIES, INC.	2009-07-13	2011-07-05
	10. UNITED TECHNOLOGIES CORP COM	2009-05-18	2011-07-05
	20. V F CORP	2010-02-10	2011-07-05
	50. VERIZON COMMUNICATIONS COM	2009-05-18	2011-07-05
	20. VISA INC - CLASS A SHRS	2010-03-09	2011-07-05
	40. WALGREEN CO COM	2009-07-22	2011-07-05
	10000. GOLDMAN SACHS GROUP INC FDIC INSURED DTD 01/21/09 1.625% 07/15/	2009-05-07	2011-07-07
	1000. UNITED STATES TREASURY DTD 02/16/2010 3.	2010-05-03	2011-07-07
	56.085 ARTISAN FDS INC SMALL CAP VALUE FD-INV	2009-05-18	2011-07-14
	46.254 ARTISAN FDS INC MID CAP VALUE FD INV SHS	2009-04-15	2011-07-14
	36.942 BUFFALO SMALL CAP FUND	2009-04-20	2011-07-14
	42.301 HIGH MARK GENEVA MID CAP GROWTH FD CL FI	2011-03-04	2011-07-14
	371.64 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14031 DTD 01/01/2011 5%	2011-01-07	2011-07-15
	804.66 FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5% 05	2009-05-07	2011-07-15
	276.243 ARTISAN FDS INC SMALL CAP VALUE FD-INV	2009-05-18	2011-07-25
	228.207 ARTISAN FDS INC MID CAP VALUE FD INV SHS	2009-04-15	2011-07-25
	180.57 BUFFALO SMALL CAP FUND	2009-04-20	2011-07-25
	228.59 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-07-25
	667.64 FEDERAL NATIONAL MORTGAGE ASSN POOL #745	2009-05-07	2011-07-25
	208.073 HIGH MARK GENEVA MID CAP GROWTH FD CL FI	2011-03-04	2011-07-25
	15896.72 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14031 DTD 01/01/2011 5	2011-01-07	2011-08-09
	33015.94 FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5%	2009-05-07	2011-08-09
	34000. UNITED STATES TREASURY N/B DTD 11/30/09	2010-04-30	2011-08-09
	85000. UNITED STATES TREASURY N/B DTD 11/30/09	2011-07-14	2011-08-09
	280. ROBERT HALF INTL INC COM	2009-07-13	2011-08-10
	369.95 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14031 DTD 01/01/2011 5%	2011-01-07	2011-08-15
	1368.39 FEDERAL HOME LOAN MORTGAGE CORP POOL #J07877 DTD 05/01/08 5% 0	2009-05-07	2011-08-15
	219. FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-08-25
	672.19 FEDERAL NATIONAL MORTGAGE ASSN POOL #745	2009-05-07	2011-08-25
	19892.43 UNITED STATES TREASURY INFLATION INDEX BOND DTD 07/15/08 1.37	2009-11-10	2011-08-25
	6000. UNITED STATES TREASURY N/B DTD 11/30/09	2011-07-14	2011-09-13
	255.04 FEDERAL HOME LOAN MTG CORP POOL #G01840 DTD 06/01/2005 5% 07/01	2011-08-11	2011-09-15
	240.29 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14056 DTD 02/01/2011 4%	2011-08-11	2011-09-15
	44.8 FEDERAL HOME LOAN MORTGAGE CORP POOL #J16353 DTD 08/01/2011 3.5%	2011-08-11	2011-09-15
	6000. UNITED STATES TREASURY N/B DTD 11/30/09	2011-07-14	2011-09-15
	380.28 FEDERAL NATIONAL MORTGAGE ASSN POOL #AH6827 DTD 03/01/2011 4% 0	2011-08-09	2011-09-26
	242.57 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-09-26
	266.94 FEDERAL NATIONAL MORTGAGE ASSN POOL #735580 DTD 05/01/05 5% 06/	2011-08-09	2011-09-26
	670.26 FEDERAL NATIONAL MORTGAGE ASSN POOL #745	2009-05-07	2011-09-26
	529.12 FEDERAL NATIONAL MORTGAGE ASSN POOL #AE3066 DTD 09/01/2010 3.5%	2011-08-09	2011-09-26
	270. MICROSOFT CORP COM	2009-07-13	2011-10-05
	25. MICROSOFT CORP COM	2011-03-21	2011-10-05
	80. V F CORP	2010-02-10	2011-10-05
	90000. UNITED STATES TREASURY N/B DTD 11/30/09	2011-09-01	2011-10-06
	3000. UNITED STATES TREASURY N/B DTD 11/15/201	2011-08-09	2011-10-06
	277.3 FEDERAL HOME LOAN MTG CORP POOL #G01840 DTD 06/01/2005 5% 07/01/	2011-08-11	2011-10-17
	384.74 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14056 DTD 02/01/2011 4%	2011-08-11	2011-10-17
	162.9 FEDERAL HOME LOAN MORTGAGE CORP POOL #J16353 DTD 08/01/2011 3.5%	2011-08-11	2011-10-17
	2000. UNITED STATES TREASURY DTD 02/16/2010 3.	2011-08-09	2011-10-19
	4000. UNITED STATES TREASURY DTD 02/16/2010 3.	2010-05-03	2011-10-19
	11000. UNITED STATES TREASURY N/B DTD 06/01/10	2011-10-06	2011-10-19
	22000. UNITED STATES TREASURY N/B DTD 11/15/201	2011-08-09	2011-10-19
	799.65 FEDERAL NATIONAL MORTGAGE ASSN POOL #AH6827 DTD 03/01/2011 4% 0	2011-08-09	2011-10-25
	219.25 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-10-25
	262.77 FEDERAL NATIONAL MORTGAGE ASSN POOL #735580 DTD 05/01/05 5% 06/	2011-08-09	2011-10-25
	724.05 FEDERAL NATIONAL MORTGAGE ASSN POOL #745	2009-05-07	2011-10-25
	909.84 FEDERAL NATIONAL MORTGAGE ASSN POOL #AE3066 DTD 09/01/2010 3.5%	2011-08-09	2011-10-25
	20. ALLERGAN INC	2009-07-13	2011-10-31
	10. AMERICAN EXPRESS CO	2009-07-13	2011-10-31
	10. AUTO DESK INC	2010-08-27	2011-10-31
	50. BROADCOM CORP CL A	2011-10-05	2011-10-31
	50. CVS CORP	2009-07-13	2011-10-31
	10. CHEVRONTEXACO CORP COM	2009-05-18	2011-10-31
	110. CISCO SYSTEMS COM STK	2009-07-22	2011-10-31
	10. E M C CORP MASS COM	2009-07-13	2011-10-31
	60. AMERICAN EUROPACIFIC GRTH-F2	2009-04-17	2011-10-31
	20. EXXON MOBIL CORP	2009-05-18	2011-10-31
	20. GENERAL ELEC CO COM	2010-03-31	2011-10-31
	10. HESS CORPORATION	2009-07-22	2011-10-31
	80. INTEL CORP COM	2009-07-13	2011-10-31
	10. JP MORGAN CHASE & CO COM	2009-05-18	2011-10-31
	20. JOHNSON & JOHNSON COM	2009-07-13	2011-10-31
	50. LABORATORY CORP AMER HLDGS COM NEW	2011-10-05	2011-10-31
	60. MATTEL INC	2010-08-19	2011-10-31
	40. MCGRAW HILL COS INC COM	2010-02-10	2011-10-31
	20. MERCK & CO. INC. NEW	2010-08-30	2011-10-31
	20. MONSANTO CO NEW COM	2009-07-22	2011-10-31
	10. NEXTERA ENERGY, INC.	2010-08-30	2011-10-31
	20. NORFOLK SOUTHN CORP COM W/RIGHTS ATTACHED EXP 9/26/2010	2009-07-13	2011-10-31
	40. ORACLE CORPORATION COM	2009-07-13	2011-10-31
	20. PEPSICO INC COM	2009-07-13	2011-10-31
	20. PROCTER & GAMBLE CO	2009-07-13	2011-10-31
	10. QUALCOMM INC	2009-07-13	2011-10-31
	40. STAPLES INC COM W/INVISIBLE RTS TO PUR SHS UNDER CERTAIN	2010-03-31	2011-10-31
	10. STATE STREET CORP COM	2009-11-20	2011-10-31
	10. TEVA PHARMACEUTICAL INDS SPONS ADR	2009-07-22	2011-10-31
	50. TEXAS INSTRS INC	2011-03-31	2011-10-31
	100. THORNBURG INTL VALUE FD CL I #209	2009-04-17	2011-10-31
	20. TRAVELERS COMPANIES, INC.	2009-07-13	2011-10-31
	30. VERIZON COMMUNICATIONS COM	2009-05-18	2011-10-31
	20. VISA INC - CLASS A SHRS	2010-03-09	2011-10-31
	1000. CITIGROUP INC DTD 06/15/2010 6% 12/13/20	2010-12-13	2011-11-04
	2000. UNITED STATES TREASURY N/B DTD 06/01/10	2011-10-06	2011-11-04
	1000. UNITED STATES TREASURY N/B DTD 08/16/201	2010-09-13	2011-11-04
	6000. UNITED STATES TREASURY N/B DTD 06/01/10	2011-10-06	2011-11-09
	333.3 FEDERAL HOME LOAN MTG CORP POOL #G01840 DTD 06/01/2005 5% 07/01/	2011-08-11	2011-11-15
	461.63 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14056 DTD 02/01/2011 4%	2011-08-11	2011-11-15
	272.99 FEDERAL HOME LOAN MORTGAGE CORP POOL #J16353 DTD 08/01/2011 3.5	2011-08-11	2011-11-15
	10. ALLERGAN INC	2009-05-18	2011-11-23
	20. AMERICAN EXPRESS CO	2009-07-13	2011-11-23
	190. ARTISAN FDS INC SMALL CAP VALUE FD-INV	2009-05-18	2011-11-23
	160. ARTISAN FDS INC MID CAP VALUE FD INV SHS	2009-04-20	2011-11-23
	20. AUTO DESK INC	2010-08-27	2011-11-23
	120. BUFFALO SMALL CAP FUND	2009-04-20	2011-11-23
	60. CVS CORP	2009-07-13	2011-11-23
	10. CATERPILLAR INC	2010-02-10	2011-11-23
	10. CHEVRONTEXACO CORP COM	2009-05-18	2011-11-23
	90. CISCO SYSTEMS COM STK	2009-07-13	2011-11-23
	30. E M C CORP MASS COM	2009-07-13	2011-11-23
	30. EMERSON ELEC CO	2011-02-23	2011-11-23
	210. AMERICAN EUROPACIFIC GRTH-F2	2009-04-17	2011-11-23
	30. GENERAL ELEC CO COM	2010-03-31	2011-11-23
	10. HALLIBURTON CO	2009-07-13	2011-11-23
	20. HASBRO BRADLEY INC	2011-10-31	2011-11-23
	150. HIGH MARK GENEVA MID CAP GROWTH FD CL FI	2011-03-04	2011-11-23
	80. INTEL CORP COM	2009-07-13	2011-11-23
	10. JP MORGAN CHASE & CO COM	2009-05-18	2011-11-23
	10. JOHNSON & JOHNSON COM	2009-07-13	2011-11-23
	20. JUNIPER NETWORKS	2009-07-13	2011-11-23
	20. MATTEL INC	2010-08-19	2011-11-23
	30. MCGRAW HILL COS INC COM	2010-02-10	2011-11-23
	40. MERCK & CO. INC. NEW	2010-08-30	2011-11-23
	10. MONSANTO CO NEW COM	2009-07-13	2011-11-23
	10. NEXTERA ENERGY, INC.	2010-08-30	2011-11-23
	10. NORFOLK SOUTHN CORP COM W/RIGHTS ATTACHED EXP 9/26/2010	2009-07-13	2011-11-23
	20. ORACLE CORPORATION COM	2009-07-13	2011-11-23
	10. PEPSICO INC COM	2009-05-18	2011-11-23
	10. PROCTER & GAMBLE CO	2009-05-18	2011-11-23
	20. QUALCOMM INC	2009-07-13	2011-11-23
	10. SCHLUMBERGER LTD COM	2009-05-18	2011-11-23
	70. STAPLES INC COM W/INVISIBLE RTS TO PUR SHS UNDER CERTAIN	2010-03-31	2011-11-23
	30. STATE STREET CORP COM	2009-11-20	2011-11-23
	20. STRYKER CORP	2009-07-13	2011-11-23
	20. TEVA PHARMACEUTICAL INDS SPONS ADR	2009-07-22	2011-11-23
	10. TEXAS INSTRS INC	2011-03-31	2011-11-23
	10. THERMO ELECTRON CORP	2009-07-13	2011-11-23
	300. THORNBURG INTL VALUE FD CL I #209	2009-04-17	2011-11-23
	10. UNITED TECHNOLOGIES CORP COM	2009-05-18	2011-11-23
	20. VERIZON COMMUNICATIONS COM	2009-05-18	2011-11-23
	20. VISA INC - CLASS A SHRS	2010-03-09	2011-11-23
	20. WALGREEN CO COM	2009-07-22	2011-11-23
	613.89 FEDERAL NATIONAL MORTGAGE ASSN POOL #AH6827 DTD 03/01/2011 4% 0	2011-08-09	2011-11-25
	236.29 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-11-25
	323.05 FEDERAL NATIONAL MORTGAGE ASSN POOL #735580 DTD 05/01/05 5% 06/	2011-08-09	2011-11-25
	860.77 FEDERAL NATIONAL MORTGAGE ASSN POOL #745	2009-05-07	2011-11-25
	806.31 FEDERAL NATIONAL MORTGAGE ASSN POOL #AE3066 DTD 09/01/2010 3.5%	2011-08-09	2011-11-25
	341.03 FEDERAL HOME LOAN MTG CORP POOL #G01840 DTD 06/01/2005 5% 07/01	2011-08-11	2011-12-15
	388.89 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14056 DTD 02/01/2011 4%	2011-08-11	2011-12-15
	309.11 FEDERAL HOME LOAN MORTGAGE CORP POOL #J16353 DTD 08/01/2011 3.5	2011-08-11	2011-12-15
	714.74 FEDERAL NATIONAL MORTGAGE ASSN POOL #AH6827 DTD 03/01/2011 4% 0	2011-08-09	2011-12-27
	77.18 FEDERAL NATIONAL MORTGAGE ASSN POOL #AL0393 DTD 06/01/2011 4.5%	2011-11-04	2011-12-27
	242.24 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-12-27
	299.06 FEDERAL NATIONAL MORTGAGE ASSN POOL #735580 DTD 05/01/05 5% 06/	2011-08-09	2011-12-27
	671.67 FEDERAL NATIONAL MORTGAGE ASSN POOL #745	2009-05-07	2011-12-27
	683.86 FEDERAL NATIONAL MORTGAGE ASSN POOL #AE3066 DTD 09/01/2010 3.5%	2011-08-09	2011-12-27

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,110	1,024	86
b	1,096	1,019	77
c	1,041	1,045	-4
d	1,028	1,004	24
e	1,279	1,141	138
	3,086	3,058	28
	1,105	1,054	51
	2,067	2,068	-1
	2,108	2,215	-107
	3,019	3,088	-69
	1,070	1,035	35
	2,047	2,024	23
	1,166	1,098	68
	1,104	1,022	82
	2,014	2,011	3
	1,130	1,093	37
	1,100	996	104
	1,135	1,067	68
	1,174	1,123	51
	1,127	999	128
	2,008	1,997	11
	1,995	2,013	-18
	1,124	1,036	88
	1,110	937	173
	947	982	-35
	18,091	7,557	10,534
	908	953	-45
	17,180	7,753	9,427
	9,262	9,173	89
	1,068	1,035	33
	3,203	3,106	97
	1,068	1,073	-5
	8,031	7,989	42
	580	621	-41
	1,958	2,031	-73
	9,276	8,578	698
	300	331	-31
	810	850	-40
	57,376	45,000	12,376
	512	548	-36
	2,342	2,429	-87
	3,511	2,408	1,103
	3,323	1,903	1,420
	30,413	18,819	11,594
	28,673	17,925	10,748
	1,018	702	316
	9,298	9,860	-562
	25,451	17,005	8,446
	8,050	3,984	4,066
	2,623	1,664	959
	7,290	3,706	3,584
	2,079	1,762	317
	2,951	2,755	196
	10,220	4,760	5,460
	4,095	2,944	1,151
	28,004	28,592	-588
	3,412	2,731	681
	5,062	3,042	2,020
	2,911	2,521	390
	1,621	1,762	-141
	5,071	2,960	2,111
	3,145	2,191	954
	4,580	2,987	1,593
	2,278	1,719	559
	4,455	2,753	1,702
	6,192	3,922	2,270
	4,029	3,073	956
	2,289	1,508	781
	4,400	3,064	1,336
	6,121	4,030	2,091
	2,344	1,827	517
	1,833	1,428	405
	3,113	2,263	850
	303	334	-31
	655	688	-33
	1,232	1,202	30
	9,856	8,850	1,006
	1,095	1,054	41
	17,000	17,498	-498
	499	534	-35
	895	928	-33
	308	340	-32
	870	914	-44
	1,044	1,012	32
	953	946	7
	394	421	-27
	998	1,035	-37
	236	260	-24
	816	857	-41
	6,772	6,333	439
	376	402	-26
	479	497	-18
	241	266	-25
	774	813	-39
	1,690	916	774
	4,190	1,970	2,220
	4,980	4,285	695
	5,304	3,210	2,094
	5,342	3,103	2,239
	1,160	842	318
	5,544	3,432	2,112
	2,260	1,982	278
	2,164	1,062	1,102
	2,102	1,324	778
	156	215	-59
	2,218	1,041	1,177
	1,144	1,205	-61
	19,202	12,868	6,334
	945	918	27
	5,316	6,196	-880
	1,563	582	981
	759	520	239
	6,073	5,835	238
	2,461	1,949	512
	2,022	1,774	248
	2,233	1,998	235
	2,115	1,681	434
	2,129	2,114	15
	2,076	1,936	140
	1,471	1,598	-127
	1,151	1,087	64
	1,527	744	783
	1,973	1,244	729
	2,095	1,686	409
	1,926	1,645	281
	1,921	1,189	732
	2,320	1,873	447
	543	451	92
	883	538	345
	2,260	2,060	200
	490	496	-6
	2,306	2,412	-106
	1,942	1,175	767
	18,873	12,270	6,603
	1,934	1,206	728
	1,175	802	373
	896	528	368
	2,210	1,461	749
	1,887	1,411	476
	1,771	1,825	-54
	1,698	1,205	493
	10,001	10,053	-52
	1,058	995	63
	1,000	621	379
	1,000	598	402
	1,000	634	366
	1,000	987	13
	372	397	-25
	805	835	-30
	5,000	3,058	1,942
	5,000	2,951	2,049
	5,000	3,099	1,901
	229	252	-23
	668	701	-33
	5,000	4,856	144
	17,136	17,000	136
	35,590	34,244	1,346
	34,069	33,968	101
	85,173	85,229	-56
	6,289	5,985	304
	370	396	-26
	1,368	1,419	-51
	219	242	-23
	672	706	-34
	22,328	20,219	2,109
	6,009	6,015	-6
	255	277	-22
	240	254	-14
	45	47	-2
	6,009	6,015	-6
	380	400	-20
	243	268	-25
	267	288	-21
	670	704	-34
	529	549	-20
	7,011	5,992	1,019
	649	637	12
	10,035	5,845	4,190
	90,095	90,225	-130
	3,204	3,073	131
	277	301	-24
	385	407	-22
	163	170	-7
	2,274	2,233	41
	4,548	3,980	568
	11,044	11,046	-2
	23,089	21,424	1,665
	800	840	-40
	219	242	-23
	263	283	-20
	724	760	-36
	910	944	-34
	1,683	911	772
	514	243	271
	352	281	71
	1,817	1,736	81
	1,815	1,586	229
	1,077	662	415
	2,007	2,093	-86
	245	130	115
	2,257	1,673	584
	1,607	1,409	198
	339	367	-28
	643	502	141
	1,958	1,321	637
	359	359
	1,304	1,149	155
	4,308	3,796	512
	1,694	1,294	400
	1,717	1,344	373
	701	705	-4
	1,505	1,503	2
	565	535	30
	1,488	744	744
	1,328	830	498
	1,258	1,110	148
	1,293	1,058	235
	526	442	84
	587	939	-352
	410	412	-2
	414	496	-82
	1,549	1,723	-174
	2,615	1,880	735
	1,178	802	376
	1,122	847	275
	1,883	1,825	58
	1,059	1,091	-32
	2,007	2,008	-1
	1,009	998	11
	6,023	6,025	-2
	333	362	-29
	462	488	-26
	273	286	-13
	788	454	334
	905	486	419
	2,879	2,103	776
	3,179	2,055	1,124
	604	561	43
	2,770	2,053	717
	2,228	1,903	325
	880	531	349
	952	662	290
	1,581	1,671	-90
	663	391	272
	1,426	1,807	-381
	7,144	5,857	1,287
	442	551	-109
	321	194	127
	688	759	-71
	3,231	3,501	-270
	1,822	1,321	501
	286	359	-73
	622	575	47
	413	464	-51
	550	431	119
	1,234	1,008	226
	1,334	1,409	-75
	682	736	-54
	528	535	-7
	706	372	334
	585	415	170
	626	508	118
	611	519	92
	1,050	884	166
	667	538	129
	974	1,643	-669
	1,099	1,236	-137
	913	772	141
	752	990	-238
	281	345	-64
	446	392	54
	7,086	5,640	1,446
	714	528	186
	709	564	145
	1,808	1,825	-17
	624	601	23
	614	645	-31
	236	261	-25
	323	348	-25
	861	904	-43
	806	837	-31
	341	371	-30
	389	411	-22
	309	323	-14
	715	751	-36
	77	82	-5
	242	267	-25
	299	323	-24
	672	705	-33
	684	710	-26

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			86
b			77
c			-4
d			24
e			138
			28
			51
			-1
			-107
			-69
			35
			23
			68
			82
			3
			37
			104
			68
			51
			128
			11
			-18
			88
			173
			-35
			10,534
			-45
			9,427
			89
			33
			97
			-5
			42
			-41
			-73
			698
			-31
			-40
			12,376
			-36
			-87
			1,103
			1,420
			11,594
			10,748
			316
			-562
			8,446
			4,066
			959
			3,584
			317
			196
			5,460
			1,151
			-588
			681
			2,020
			390
			-141
			2,111
			954
			1,593
			559
			1,702
			2,270
			956
			781
			1,336
			2,091
			517
			405
			850
			-31
			-33
			30
			1,006
			41
			-498
			-35
			-33
			-32
			-44
			32
			7
			-27
			-37
			-24
			-41
			439
			-26
			-18
			-25
			-39
			774
			2,220
			695
			2,094
			2,239
			318
			2,112
			278
			1,102
			778
			-59
			1,177
			-61
			6,334
			27
			-880
			981
			239
			238
			512
			248
			235
			434
			15
			140
			-127
			64
			783
			729
			409
			281
			732
			447
			92
			345
			200
			-6
			-106
			767
			6,603
			728
			373
			368
			749
			476
			-54
			493
			-52
			63
			379
			402
			366
			13
			-25
			-30
			1,942
			2,049
			1,901
			-23
			-33
			144
			136
			1,346
			101
			-56
			304
			-26
			-51
			-23
			-34
			2,109
			-6
			-22
			-14
			-2
			-6
			-20
			-25
			-21
			-34
			-20
			1,019
			12
			4,190
			-130
			131
			-24
			-22
			-7
			41
			568
			-2
			1,665
			-40
			-23
			-20
			-36
			-34
			772
			271
			71
			81
			229
			415
			-86
			115
			584
			198
			-28
			141
			637

			155
			512
			400
			373
			-4
			2
			30
			744
			498
			148
			235
			84
			-352
			-2
			-82
			-174
			735
			376
			275
			58
			-32
			-1
			11
			-2
			-29
			-26
			-13
			334
			419
			776
			1,124
			43
			717
			325
			349
			290
			-90
			272
			-381
			1,287
			-109
			127
			-71
			-270
			501
			-73
			47
			-51
			119
			226
			-75
			-54
			-7
			334
			170
			118
			92
			166
			129
			-669
			-137
			141
			-238
			-64
			54
			1,446
			186
			145
			-17
			23
			-31
			-25
			-25
			-43
			-31
			-30
			-22
			-14
			-36
			-5
			-25
			-24
			-33
			-26

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	175,757
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . .		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2010	120,041	4,587,887	0.026165
2009	93,190	4,410,860	0.021127
2008	179,227	3,029,997	0.059151
2007
2006

2	Total of line 1, column (d) ......................	2	0.106443
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	0.035481
4	Enter the net value of noncharitable-use assets for 2011 from Part X, line 5.....	4	4,704,566
5	Multiply line 4 by line 3.......................	5	166,923
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	2,879
7	Add lines 5 and 6.........................	7	169,802
8	Enter qualifying distributions from Part XII, line 4..............	8	193,372
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)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	2,879
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2............................	3	2,879
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-).	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	2,879
6	Credits/Payments:

a	2011 estimated tax payments and 2010 overpayment credited to 2011	6a	7,168
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	7,168
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	4,289
11	Enter the amount of line 10 to be: Credited to 2012 estimated tax2,880	Refunded	11	1,409

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.

Yes

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

instructions) bullet

If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on

page 27)? If “Yes,” complete Part XIV..........................

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

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......

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

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

Yes

Website address bullet

The books are in care of bullet

REGIONS BANK Telephone no. bullet

(251) 690-1024

Located at bullet

11 NORTH WATER STREET 25TH FLOORMOBILEAL ZIP+4 bullet

36602

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

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

At any time during calendar year 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? .................

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)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check “No”

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2011?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2011, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2011?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........

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

20, 20, 20, 20

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

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

If “Yes,” did it have excess business holdings in 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.)....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

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

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

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

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...YesNo

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

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

If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?

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

If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

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

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

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

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

If “Yes” to 6b, file Form 8870.

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

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

Form 990-PF (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
REGIONS BANK	TRUSTEE 1	35,483
350 NORTH WATER STREET DECATUR,IL62523	TRUSTEE 1	35,483

2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions). If none, enter “NONE.”
(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1


2


3


4

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.)

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

purposes:

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

1,543,621

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

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

3,232,588

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

4,776,209

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

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

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

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

4,776,209

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

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

71,643

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

4,704,566

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

235,228

Part XI

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

and do not complete this part.)

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

235,228

Tax on investment income for 2011 from Part VI, line 5......

2,879

Income tax for 2011. (This does not include the tax from Part VI.)...

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

2,879

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

232,349

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

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

232,349

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

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

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

232,349

Part XII

Qualifying Distributions (see page 25 of the instructions)

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

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

193,372

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

193,372

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

2,879

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

190,493

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)

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					232,349
2 Undistributed income, if any, as of the end of 2011:
a Enter amount for 2010 only.......				180,422
b Total for prior years:2009, 20, 20			0
3 Excess distributions carryover, if any, to 2011:
a From 2006.......	0
b From 2007.......	0
c From 2008.......	0
d From 2009.......	0
e From 2010.......	0
fTotal of lines 3a through e.........		0
4Qualifying distributions for 2011 from Part
XII, line 4: $ 193,372
a Applied to 2010, but not more than line 2a				180,422
b Applied to undistributed income of prior years (Election required—see page 26 of the instructions)			0
c Treated as distributions out of corpus (Election required—see page 26 of the instructions)...		0
d Applied to 2011 distributable amount.....					12,950
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2011.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount—see page 27 of the instructions ...			0
e Undistributed income for 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 ..........					219,399
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see page 27 of the instructions) ...........		0
8Excess distributions carryover from 2006 not applied on line 5 or line 7 (see page 27 of the instructions) .............		0
9Excess distributions carryover to 2012. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2007....	0
b Excess from 2008....	0
c Excess from 2009....	0
d Excess from 2010....	0
e Excess from 2011....	0

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

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2011	(b) 2010	(c) 2009	(d) 2008	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ....
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets” alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment” alternative test— enter 2⁄3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support” alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see page 27 of the instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

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

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

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

cAny submission deadlines:

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

Form 990-PF (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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
UNIVERSITY OF ILLINOIS ATTN JANET FORD 111 EAST GREEN STREET CHAMPAIGN,IL61820	NONE	PUBLIC	SCHOLARSHIPS	185,360
Total ................................. 3a				185,360

bApproved for future payment

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

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
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	1
4 Dividends and interest from securities....			14	38,468
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....			16	101,263
6Net rental income or (loss) from personal property
7 Other investment income.....
8Gain or (loss) from sales of assets other than inventory			18	175,757
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)..				315,489

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

13315,489

(See worksheet in line 13 instructions on page 28 to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See page 28 of the instructions.)

Form 990-PF (2011)

Page 12

Part XVII

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

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

Yes

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

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If “Yes,” complete the following schedule.

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

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.

	Signature of officer or trustee	Date	Title

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

Form 990-PF (2011)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
GRAIN BIN	1993-10-25	7,914	7,914	M5	5
PIATT-TEN HOUSE	1990-09-14	2,769	1,976	M27	27	101
PIATT TILING	1998-01-08	15,825	14,038	M15	15	1,054
PIATT TILING	1998-10-08	7,229	6,410	M15	15	481
PIATT GRAIN AUG	2001-03-01	649	649	M7	7
PRIOR ASSETS	1980-01-01	466,807	466,807
PIATT-WELL PUMP	2001-08-31	4,141	2,525	M15	15	276

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AT&T 5.6% 5/15/2018	10,702	11,620
ABBOTT LABS 5.125% 4/1/2019	5,238	5,806
CATERPILAR INC 7.9% 12/15/2018	6,094	6,657
CREDIT SUISSE NY 5.5% 5/1/2014	11,719	11,434
GE 5% 2/1/2013	6,401	6,253
GOLDMAN SACHS 6% 5/1/2014	6,243	6,249
MERRIL LYNCH 6.875% 4/25/2018	5,057	4,930
ORACLE 5.75% 4/15/2018	4,267	4,854
TARGET CORP 5.375% 5/1/2017	5,186	5,876
VERIZON COMM 5.55% 2/15/2016	5,303	5,721
WACHOVIA 5.75% 6/15/2017	4,892	5,649
FHLMC # J07877, 5% 5/1/2023
FNMA # 745640, 6% 6/1/2036	33,473	35,252
BB&T CORP 3.85% 7/27/2012	6,226	6,098
BARCLAYS BANK 3.9% 4/7/2015	6,093	6,026
CITI GROUP 6% 12/13/2013	5,422	5,174
GOLDMAN SACHS 7.5% 2/15/2019	4,392	4,418
HEWLETT PACKARD 2.2% 12/1/15	6,060	5,859
J P MORGAN CHASE6.3% 4/23/2019	5,518	5,663
PFIZER INC 6.2% 3/15/2019	4,491	4,936
FHLM CORP POOL 5% 7/1/35	10,839	10,729
FHLM CORP POOL 4% 8/1/25	10,127	10,047
FHLM CORP POOL 3.5% 8/1/26	10,679	10,652
FNMA POOL 4% 3/1/26	16,523	16,611
FNMA POOL 4.5% 6/1/41	6,068	6,107
FNMA POOL 6% 3/1/34	11,927	12,050
FNMA POOL 5% 6/1/35	10,923	10,952
GENERAL ELEC CAP 5.3% 2/11/21	6,143	6,414
INTEL CORP	5,978	6,321
MORGAN STANLEY 4.2% 11/20/14	12,421	11,573
ONTARIO PROV OF 1.375% 1/27/14	12,057	12,126
QUEBEC PROV 4.875% 5/5/14	12,088	11,997
TEVA PHARMAFIN 1.7% 11/10/14	6,004	6,046
TOYOTA MOTOR CRD 3.4% 9/15/21	5,985	6,184
FNMA POOL 3.5% 9/1/25	16,313	16,458
PIMCO ALL ASSET FD INSL CL	60,000	56,238
THE OSTERWEIS STRAT CL I	60,000	57,798
TEMPLETON GLOBAL BD FD ADV	60,000	54,604

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOT LABS
ALLERGAN INC	3,408	6,581
AMERICAN EXPRESS CO	2,793	5,425
CVS/CAREMARK	4,095	5,301
CHEVRON	3,778	6,384
CISCO SYSTEMS INC	5,288	5,243
EMC CORP MASS	2,788	4,954
EATON CORP
EXXON MOBIL	5,384	6,781
GOLDMAN SACHS GROUP	8,347	5,426
HALLIBURTON CO	3,383	5,349
HESS CORP	5,149	5,964
INTEL CORP	3,682	5,578
JP MORGAN CHASE & CO	5,820	5,486
JOHNSON & JOHNSON	5,072	5,902
JUNIPER NETWORKS INC	5,537	4,796
MICROSOFT CORP
MONSANTO CO NEW	5,386	5,255
NORFOLK SOUTHERN	2,726	5,465
ORACLE CORP	3,538	4,617
PEPSICO	4,573	5,972
PROCTOR & GAMBLE CO	4,673	6,004
PRUDENTIAL FINANCIAL INC	4,439	6,014
QUALCOMM INC	4,407	5,744
ROBERT HALF INTL INC
SCHLUMBERGER LTD	4,068	5,465
STATE STREET CORP	5,638	5,442
STRYKER CORP	4,545	5,717
THERMO FISHER SCIENTIFIC	4,600	5,396
3M CO	4,758	6,538
TIFFANY & CO
TRAVELERS COMPANIES	4,331	6,509
UNITED TECHNOLOGIES CORP	4,116	5,847
VERIZON COMMUNICATIONS	4,088	6,018
WAL MART STORES INC
WALGREEN CO	5,203	5,786
TEVA PHARMACEUTICAL SPON ADR	6,435	5,449
ARTISAN FDS INC SMALL CAP	12,946	15,612
ARTISAN FDS MID CAP VALUE FD	11,665	15,810
BLACKROCK US OPPORTUNITIES
BUFFALO SMALL CAP FUND	13,298	17,463
AMERICAN EUROPACIFIC GRTH-F2	48,665	54,799
THORNBURG INTL VALUE FD	47,506	55,430
APACHE CORP	7,456	6,341
AUTO DESK INC	4,631	5,004
CATERPILLAR INC	4,136	6,342
GENERAL ELECTRIC CO	6,428	6,269
MATTEL INC	4,489	5,691
MCGRAW HILL INC	4,201	5,621
MERCK & CO INC	5,461	5,844
NEXTRA ENERGY	5,890	6,697
STAPLES INC	8,448	5,278
VF CORP
VISA INC CLASS A SHRS	5,453	6,599
BLACKROCK INC	7,888	7,130
BROADCOM CORP CL A	6,075	5,138
EMERSON ELECTRIC CO	6,511	5,125
GOOGLE INC CL A	9,294	9,689
HASBRO INC	5,694	4,784
LAB CORP AMER HLDGS COM NEW	6,073	6,878
PRAXAIR INC	7,292	7,483
TEXAS INSTRS INC	6,719	5,676
FRANKLIN GLD&PRECIOUS MTLS	60,000	48,832
HIGH MARK GENEVA MID CAP GRWTH	16,977	16,276
IVY ASSET STRAT FD-I	60,000	55,280

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	18	460		0
FEDERAL ESTIMATED TAX	6,799	0		0

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
IL AG-990 FILING FEE	15	0	15
RENTAL EXPENSES		83,812	0
CEMETERY EXPENSE	53	0	0
Rent and Royalty Expense	83,812

Description	Amount
ROUNDING ADJUSTMENT	6
OID INCOME	806
ACCRETION	70