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
Sylvan Laureate Foundation Inc
 

Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd   Room/suite
City or town, state, and ZIP code
Wilmington, DE198091377
A Employer identification number

52-2044008
B Telephone number (see page 10 of the instructions)

(800) 839-1754
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$9,412,717J 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) 2,000,000
2 Check bullet
3 Interest on savings and temporary cash investments 1,532 1,532  
4 Dividends and interest from securities...... 190,199 187,426  
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 584,713
b Gross sales price for all assets on line 6a 5,672,473
7 Capital gain net income (from Part IV, line 2)... 584,713
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)....... Click to see attachment 3,992    
12 Total. Add lines 1 through 11........ 2,780,436 773,671  
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).......        
c Other professional fees (attach schedule).... Click to see attachment 183,895 61,300   122,595
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 4,254 1,254    
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 55,035 3,404   51,631
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 243,184 65,958   174,226
25 Contributions, gifts, grants paid........ 1,910,353 1,910,353
26 Total expenses and disbursements. Add lines 24 and 25 2,153,537 65,958   2,084,579
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 626,899
b Net investment income (if negative, enter -0-) 707,713
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2011)
Form 990-PF (2011)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 654,720 524,608 524,608
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 1,321,970 Click to see attachment1,231,020 1,285,054
b Investments—corporate stock (attach schedule)........ 5,933,497 Click to see attachment6,705,538 7,137,369
c Investments—corporate bonds (attach schedule)........ 371,611 Click to see attachment447,531 465,686
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,281,798 8,908,697 9,412,717
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 8,281,798 8,908,697
30 Total net assets or fund balances (see page 17 of the
instructions).................... 8,281,798 8,908,697
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 8,281,798 8,908,697
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 8,281,798
2 Enter amount from Part I, line 27a..................... 2 626,899
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 8,908,697
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 8,908,697
Form 990-PF (2011)
Form 990-PF (2011)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
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 5,672,473   5,087,760 584,713
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       584,713
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 2 584,713
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 2,068,353 9,064,084 000.228192
2009 1,782,061 7,968,595 000.223636
2008 1,809,095 9,147,079 000.197778
2007 1,091,273 11,511,470 000.094799
2006 1,136,165 10,392,189 000.109329
2 Total of line 1, column (d) ...................... 2 000.853734
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. . . 		3 000.170747
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 9,422,407
5 Multiply line 4 by line 3....................... 5 1,608,848
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 7,077
7 Add lines 5 and 6......................... 7 1,615,925
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,084,579
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 7,077
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 7,077
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 7,077
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 4,508
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 2,748
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Tax Paid Original Return: 7256 7 7,256
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 179
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet179 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bullet
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754
    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2011?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2011.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
    Yes
     
    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
    Douglas Becker President / Trustee
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    R Christopher Hoehn-Saric First Vice President / Trustee
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    B Lee McGee Trustee
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Eilif Serck-Hanssen Treasurer
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Robert W Zentz Second Vice President / Secretary
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    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
    Brown Investment Advisory & Trust Company Investment Management Services 61,300
    901 South Bond St Ste 400
    Baltimore,MD21231
    Universidad Del Valle De Mexico Prog. Director - Direct Charitable Activity 61,442
    Universidad Del Valle De Mexico
    Chapultepec CP,DF11560
    MX
    National Learning Centers Prof. Services - Direct Charitable Activity 61,153
    1001 Fleet St
    Baltimore,MD21202
    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 Sharon Morgenthaler, an employee of National Learning Centers, oversees philanthropic activities for special projects in Cherry Hill (a low-income Baltimore neighborhood) including building an assessment system for Pre-K children so that schools will be able to provide appropriate interventions earlier and more effectively. 61,153
    2 Sponsorship of the Premio UVM Fellowship in connection with YouthActionNet National Institute in Mexico, aimed at strengthening the project management and communications skills of young Mexican leaders, connecting them to peers and experts, creating national network of youth leaders affecting positive change. 61,442
    3  
    4  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    9,058,479
    b
    Average of monthly cash balances.......................
    1b
    507,416
    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
    9,565,895
    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
    9,565,895
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) Click to see attachment...........................
    4
    143,488
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,422,407
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    471,120
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    471,120
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    7,077
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,077
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    464,043
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    464,043
    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
    464,043
    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 Click to see attachment..........
    1a
    2,084,579
    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
    2,084,579
    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
    7,077
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,077,502
    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 7 464,043
    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....... 656,449
    b From 2007....... 636,266
    c From 2008....... 1,363,143
    d From 2009....... 1,386,529
    e From 2010....... 1,618,035
    fTotal of lines 3a through e......... 5,660,422
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 2,084,579
    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..... 464,043
    e Remaining amount distributed out of corpus 1,620,536
    5 Excess distributions carryover applied to 2011.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 7,280,958
    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) .............     		656,449
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		6,624,509
    10 Analysis of line 9:
    a Excess from 2007.... 636,266
    b Excess from 2008.... 1,363,143
    c Excess from 2009.... 1,386,529
    d Excess from 2010.... 1,618,035
    e Excess from 2011.... 1,620,536
    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).)
    NONE
    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
    ADVOCATES FOR CHILDREN YOUTH INC
    8 MARKET PL STE 500
    BALTIMORE,MD21202     		N/A 509(a)(1) Charitable Event 1,500
    AMERICAN DIABETES ASSOCIATION
    1701 N BEAUREGARD ST
    ALEXANDRIA,VA22311     		N/A 509(a)(2) General Unrestricted 50
    AMERICAN DIABETES ASSOCIATION
    1701 N BEAUREGARD ST
    ALEXANDRIA,VA22311     		N/A 509(a)(2) Charitable Event 50
    AMERICAN RED CROSS OF CENTRAL MD
    4800 MOUNT HOPE DR
    BALTIMORE,MD21215     		N/A 509(a)(1) Japan Tsunami Earthquake Disaster Relief 10,000
    ARTS EDUCATION IN MD SCHOOLS ALLIAN
    175 W OSTEND ST
    BALTIMORE,MD21230     		N/A 509(a)(1) Teaching Artist Institute 5,000
    ASSOCIATION OF CHILDRENS MUSEUMS IN
    2711 JEFFERSON DAVIS HWY STE 600
    ARLINGTON,VA22202     		N/A 509(a)(2) Charitable Event 5,000
    BALTIMORE CHILDRENS MUSEUM INC
    35 MARKET PL
    BALTIMORE,MD21202     		N/A 509(a)(1) General Unrestricted 50,000
    BALTIMORE EDUCATIONAL SCHOLARSHIP T
    808 N CHARLES ST
    BALTIMORE,MD21201     		N/A 509(a)(1) 2011 Annual Giving Campaign 5,000
    BALTIMORE SCHOOL FOR THE ARTS FDN I
    712 CATHEDRAL ST
    BALTIMORE,MD21201     		N/A 509(a)(3) Charitable Event 15,000
    BALTIMORE SCHOOL FOR THE ARTS FDN I
    712 CATHEDRAL ST
    BALTIMORE,MD21201     		N/A 509(a)(3) Capital Campaign 82,500
    BALTIMORE SYMPHONY ORCHESTRA INC
    1212 CATHEDRAL ST
    BALTIMORE,MD21201     		N/A 509(a)(1) 2011-2012 Education Initiative 50,000
    CASEY CARES FOUNDATION INC
    3918 VERO RD STE C
    BALTIMORE,MD21227     		N/A 509(a)(1) Charitable Event 1,500
    CENTER STAGE ASSOCIATES INC
    700 N CALVERT ST
    BALTIMORE,MD21202     		N/A 509(a)(1) 2012 Student Matinee Series 10,000
    COMMUNITY FOUNDATION OF CARROLL COU
    255 CLIFTON BLVD
    WESTMINSTER,MD21157     		N/A 509(a)(1) Charitable Event 2,500
    CRISTO REY CORPORATE INTERNSHIP PRO
    420 S CHESTER ST
    BALTIMORE,MD21231     		N/A 509(a)(1) Corporate Internship Program 25,000
    CYSTIC FIBROSIS FOUNDATION
    10626 YORK RD STE A
    COCKEYSVILLE,MD21030     		N/A 509(a)(1) Charitable Event 5,000
    DO SOMETHING INC
    24-32 UNION SQ E 4TH FL
    NEW YORK,NY10003     		N/A 509(a)(1) Charitable Event 12,500
    DUKE OF EDINBURGHS AWARD YOUNG AMER
    700 N OLIVE AVE
    WEST PLAM BEACH,FL33401     		N/A 509(a)(1) General Unrestricted 5,000
    ENOCH PRATT FREE LIBRARY OF BALTIMO
    401 CATHEDRAL ST
    BALTIMORE,MD21201     		N/A 509(a)(1) Charitable Event 5,000
    FAMILY TREE INC
    2108 N CHARLES ST
    BALTIMORE,MD21218     		N/A 509(a)(1) Charitable Event 15,000
    FUND FOR EDUCATIONAL EXCELLENCE INC
    800 N CHARLES ST
    BALTIMORE,MD21201     		N/A 509(a)(1) General Unrestricted 5,000
    GLOBAL CITIZEN YEAR INCORPORATED
    466 GEARY ST
    SAN FRANCISCO,CA94102     		N/A 509(a)(2) General Unrestricted 50,000
    GLOBAL CITIZEN YEAR INCORPORATED
    466 GEARY ST
    SAN FRANCISCO,CA94102     		N/A 509(a)(2) US Based Accreditation of Courses Taken by GCY Fellows 3,000
    GLOBAL GOODS PARTNERS
    115 W 30TH ST
    NEW YORK,NY10001     		N/A 509(a)(2) General Unrestricted 5,000
    HOSPICE OF WEST ALABAMA INC
    3851 LOOP RD
    TUSCALOOSA,AL35404     		N/A 509(a)(1) General Unrestricted 2,500
    HOUSE OF RUTH MARYLAND INC
    2201 ARGONNE DR
    BALTIMORE,MD21218     		N/A 509(a)(1) Charitable Event 5,000
    INTERNATIONAL YOUTH FOUNDATION
    32 S ST
    BALTIMORE,MD21202     		N/A 509(a)(1) General Unrestricted 179,860
    INTERNATIONAL YOUTH FOUNDATION
    32 S ST
    BALTIMORE,MD21202     		N/A 509(a)(1) YouthActionNet Program 504,305
    INTERNATIONAL YOUTH FOUNDATION
    32 S ST
    BALTIMORE,MD21202     		N/A 509(a)(1) YouthActionNet and Youth Work Expansion Program 444,538
    IRAQI STUDENT PROJECT INC
    904 W 4TH ST
    MISHAWAKA,IN46544     		N/A 509(a)(1) Baltimore Division 1,500
    IRVINE NATURAL SCIENCE CENTER INC
    11201 GARRISON FOREST RD
    OWINGS MILLS,MD21117     		N/A 509(a)(2) Charitable Event 1,500
    ITINERIS INC
    1528 COTTAGE LN
    BALTIMORE,MD21286     		N/A 509(a)(1) General Unrestricted 2,500
    KENNEDY KRIEGER FOUNDATION INC
    707 N BROADWAY
    BALTIMORE,MD21205     		N/A 509(a)(1) Charitable Event 20,000
    KENNEDY KRIEGER FOUNDATION INC
    707 N BROADWAY
    BALTIMORE,MD21205     		N/A 509(a)(1) Charitable Event 15,000
    LANCE ARMSTRONG FOUNDATION
    PO BOX 6003
    ALBERTLEA,MN56007     		N/A 509(a)(1) Charitable Event 7,000
    LIVING CLASSROOMS FOUNDATION INC
    802 S CAROLINE ST
    BALTIMORE,MD21231     		N/A 509(a)(1) Charitable Event 15,000
    MARYLAND ART PLACE INC
    8 MARKET PL STE 100
    BALTIMORE,MD21202     		N/A 509(a)(1) Charitable Event 5,000
    MARYLAND MENTORING PARTNERSHIP INC
    517 N CHARLES ST STE 200
    BALTIMORE,MD21201     		N/A 509(a)(1) Charitable Event 2,500
    NATIONAL AQUARIUM IN BALTIMORE INC
    501 E PRATT ST
    BALTIMORE,MD21202     		N/A 509(a)(2) School and Youth Development Program 10,000
    NATIONAL COMMITTEE ON UNITED STATES
    71 W 23RD ST
    NEW YORK,NY10010     		N/A 509(a)(1) China Student Leaders Exchange Program 35,000
    NATIONAL COMMITTEE ON UNITED STATES
    71 W 23RD ST
    NEW YORK,NY10010     		N/A 509(a)(1) 2011 Student Leaders Exchange Program 35,500
    NATIONAL FOUNDATION FOR TEACHING EN
    300 E LOMBARD ST STE 1111
    BALTIMORE,MD21202     		N/A 509(a)(1) General Unrestricted 7,500
    NATIONAL FOUNDATION FOR TEACHING EN
    300 E LOMBARD ST STE 1111
    BALTIMORE,MD21202     		N/A 509(a)(1) Charitable Event 1,500
    NEW LEADERS
    30 W 26TH ST 2ND FLR
    NEW YORK,NY10010     		N/A 509(a)(1) General Unrestricted 20,000
    PERFORMANCE WORKSHOP INC
    320 E HAMBURG ST
    BALTIMORE,MD21230     		N/A 509(a)(1) ADA Accessible Bathroom 5,000
    PLANNED PARENTHOOD OF MARYLAND INC
    330 N HOWARD ST
    BALTIMORE,MD21201     		N/A 509(a)(1) Charitable Event 5,000
    ST BALDRICKS FOUNDATION INC
    1333 S MAYFLOWER AVE STE
    MONROVIA,CA91016     		N/A 509(a)(1) General Unrestricted 50
    STARFISH GREATHEARTS FOUNDATION USA
    606 POST RD E STE 622
    WESTPORT,CT06880     		N/A 509(a)(1) General Unrestricted 1,000
    TEACH FOR AMERICA INC
    315 W 36TH ST FL 8
    NEW YORK,NY10018     		N/A 509(a)(1) General Unrestricted 75,000
    THE EVERYMAN THEATRE INCORPORATED
    1727 N CHARLES ST
    BALTIMORE,MD21201     		N/A 509(a)(2) Charitable Event 2,500
    THE EVERYMAN THEATRE INCORPORATED
    1727 N CHARLES ST
    BALTIMORE,MD21201     		N/A 509(a)(2) Capital Campaign 20,000
    THE PRODUCERS CLUB OF MARYLAND INC
    107 E READ ST
    BALTIMORE,MD21202     		N/A 509(a)(2) Charitable Event 5,000
    THE PRODUCERS CLUB OF MARYLAND INC
    107 E READ ST
    BALTIMORE,MD21202     		N/A 509(a)(2) Charitable Event 5,000
    THE RICHARD W RILEY INSTITUTE AT F
    111 JOHNS HALL 3300 POINSETT H
    GREENVILLE,SC29613     		N/A 509(a)(1) General Unrestricted 37,500
    US FDN FOR THE INSPIRATION RECOGN
    200 BEDFORD ST
    MANCHESTER,NH03101     		N/A 509(a)(1) Charitable Event - Chesapeake Regional 25,000
    VOLUNTEER CENTRAL INC
    175 W OSTEND ST STE 100
    BALTIMORE,MD21230     		N/A 509(a)(1) General Unrestricted 20,000
    WOODLAWN HIGH SCHOOL
    1801 WOODLAWN DR
    BALTIMORE,MD21207     		N/A 509(a)(1) Charitable Event 5,000
    YMCA OF CENTRAL MARYLAND INC
    303 W CHESAPEAKE AVE
    BALTIMORE,MD21204     		N/A 509(a)(2) Charitable Event 15,000
    YOUNG AUDIENCES OF MARYLAND INC
    2601 N HOWARD ST STE 320
    BALTIMORE,MD21218     		N/A 509(a)(1) Teaching Artist Institute 5,000
    Total .................................bullet 3a 1,910,353
    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 1,532  
    4 Dividends and interest from securities....     14 190,199  
    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     18 584,713  
    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)..   776,444  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13776,444
    (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: 11000218
    Software Version: 2011.0.0
    Part VI Line 7 - Tax Paid Original Return: 7256


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2011
    Name of organization
    Sylvan Laureate Foundation Inc
     
    Employer identification number

    52-2044008
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on Part I, line 2, of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 2
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    Sylvan Laureate Foundation Inc
          		Employer identification number

    52-2044008
    Part I
    Contributors (see Instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    0001
     
     

    Laureate Education Inc    
    Carol Maivelett 650 S Exeter St
       
    Baltimore, MD   21201

    		$2,000,000




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 3
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    Sylvan Laureate Foundation Inc
          		Employer identification number

    52-2044008
    Part II
    Noncash Property (see Instructions). Use duplicate copies of Part II if additional space is needed.
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 4
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    Sylvan Laureate Foundation Inc
          		Employer identification number

    52-2044008
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
    Use duplicate copies of Part III if additional space is needed
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Additional Data


    Software ID: 11000218
    Software Version: 2011.0.0

    TY 2011 GeneralExplanationAttachment
    Name:
    Sylvan Laureate Foundation Inc
    EIN: 52-2044008
    Software ID:11000218
    Software Version:2011.0.0
    Identifier Return Reference Explanation

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    Sylvan Laureate Foundation Inc
    EIN: 52-2044008
    Software ID:11000218
    Software Version:2011.0.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICA MOVIL SAB DE CV 5.000 - 03/30/2020 02364WAV7 2000000.00% 21,130 22,095
    AMERICAN EXPRESS CORP-1.0955-06/24/2014 0258M0DB2 2500000.00% 25,020 24,520
    ATT INC-3.875-08/15/2021 00206RAZ5 2500000.00% 25,527 26,444
    BANK OF AMERICA CORPMTN 04.00000 03/23/2017 06048WBF6 4000000.00% 39,999 38,974
    BERKLEY W R CORP NT - 5.875 - 02/15/2013 084423AJ1 2500000.00% 25,592 25,725
    BOSTON PROPERTIES LPNOTES 05.625 11/15/2020 10112RAR5 2500000.00% 27,606 27,901
    CHARLES SCHWAB CORP NEW 4.95000 06/01/2014 SR NT 808513AC9 2500000.00% 25,084 27,094
    DUKE CAPITAL CORP SER B - 6.750 - 07/15/2018 26439RAC0 2500000.00% 24,385 28,148
    ENTERPRISE PRODUCTS BD - 5.200 - 09/01/2020 29379VAP8 2500000.00% 27,394 27,671
    GE CAP CORP-2.50- 08/11/2015 GE25081115 2000000.00% 19,950 19,066
    GOLDMAN SACHS GROUP-0.00-02/07/2014 38143USB8 2000000.00% 20,026 18,694
    GTE CORP 6.840 4/15/2018 362320AZ6 2500000.00% 24,840 29,919
    HOME DEPOT INC SR NT-4.40-04/01/2021 437076AW2 2000000.00% 19,997 22,973
    ICI WILMINGTON INC GTD NT 5.625 12/01/2013 449909AL4 2500000.00% 25,372 26,470
    J P MORGAN CHASE CO-1.07375-01/24/2014 46623EJF7 2500000.00% 25,091 24,622
    MANUFACTURERS TRADERS TR-4.1975-04/01/2013 564759NH7 2500000.00% 24,938 24,751
    ONEOK PARTNERS CONS BONDS 6.150 10/01/2016 68268NAB9 2500000.00% 25,172 28,708
    POTASH CORP-SASKATCHEWAN - 5.875 - 12/01/2036 73755LAE7 2000000.00% 20,408 21,911

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    Sylvan Laureate Foundation Inc
    EIN: 52-2044008
    Software ID:11000218
    Software Version:2011.0.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    619 shares of 3M CO MMM 50,037 50,591
    1468 shares of ABB LTD. ABB 30,775 27,642
    470 shares of ABBOTT LABS ABT 22,662 26,428
    1028 shares of ACCENTURE PLC ACN 33,564 54,720
    425 shares of ACE LTD ACE 21,533 29,801
    1308 shares of ALTRIA GROUP INC MO 32,457 38,782
    1170 shares of AMERICAN EAGLES OUTFITTERS INC. AEO 15,894 17,889
    480 shares of AMERICAN EXPRESS CO AXP 16,493 22,642
    1360 shares of AMPHENOL CORPORATION APH 62,624 61,730
    839 shares of ANSYS INC. ANSS 40,895 48,058
    278 shares of APPLE INC. AAPL 54,694 112,590
    502 shares of AUTOMATIC DATA PROCESSING INC. ADP 23,498 27,113
    615 shares of BECTON DICKINSON CO BDX 43,938 45,953
    33824 shares of BROWN ADVISORY SMALL-CAP FUNDAMENTAL VALUE FUND IN BIAUX 513,683 490,443
    45000 shares of BROWN ADVISORY TATICAL BOND ADV BATBX 449,999 435,600
    1815 shares of BROWN ADVS INTERM BD FD INSTIT CL BIAIX 20,471 20,418
    43947 shares of BROWNIA SMALL-CAP GROWTH FUND BIASX 566,141 586,257
    805 shares of CA INC. CA 16,706 16,277
    1531 shares of CANADIAN NATURAL RESOURCES LTD CNQ 46,451 57,213
    630 shares of CENTURY TEL INC CTL 24,412 23,436
    3969 shares of CHARLES SCHWAB CORP NEW SCHW 65,887 44,691
    450 shares of CHUBB CORP CB 20,229 31,149
    651 shares of CINCINNATI FINANCIAL CORP CINF 18,592 19,829
    691 shares of CITRIX SYSTEMS INC CTXS 25,034 41,958
    1216 shares of COACH INC COH 37,166 74,225
    347 shares of COCA-COLA CO KO 22,463 24,280
    796 shares of COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION - CLASS CTSH 26,707 51,191
    494 shares of CONSOLIDATED EDISON INC ED 24,618 30,643
    481 shares of CORE LABRATORIES CLB 48,435 54,810
    803 shares of COSTCO WHOLESALE CORP NEW COST 38,844 66,906
    1131 shares of COVANCE INC CVD 56,110 51,709
    1309 shares of DANAHER CORP DHR 50,355 61,575
    848 shares of DAVITA INC COMMON DVA 52,926 64,287
    235 shares of DEERE CO DE 16,422 18,177
    1505 shares of DELL INC DELL 20,413 22,018
    315 shares of DIAGEO PLC ADS DEO 26,137 27,537
    533 shares of DOMINION RESOURCES INC D 23,810 28,292
    1300 shares of DU PONT DE NEMOURS DD 53,585 59,514
    12570 shares of E-TRACS UBS BLOOMBERG CMCI UCI 279,205 271,009
    415 shares of EMERSON ELECTRIC CO. EMR 19,533 19,335
    295 shares of ERIE INDEMNITY CO CLASS A ERIE 19,260 23,057
    4067 shares of EUROPACIFIC GROWTH FUND, CLASS F-2 SHS AEPFX 141,113 142,780
    1889 shares of EXPRESS SCRIPTS HOLDING CO. ESRX 100,078 84,419
    162 shares of EXXON MOBIL CORP XOM 11,673 13,731
    1999 shares of FLUOR CORP NEW FLR 117,799 100,450
    1373 shares of FMC TECHS INC COM FTI 49,173 71,712
    749 shares of FOSSIL INC COM FOSL 68,082 59,441
    675 shares of FREEPORT-MCMORAN COPPER GOLD INC. FCX 24,496 24,833
    2436 shares of GENPACT LIMITED G 41,078 36,418
    175 shares of GOOGLE INC CL A GOOG 78,412 113,033
    970 shares of GUESS INC COM GES 36,669 28,925
    745 shares of HARRIS CORP DEL HRS 30,006 26,850
    1257 shares of HEALTHCARE SVCS GROUP INC HCSG 18,986 22,236
    676 shares of IDEXX CORP IDXX 26,631 52,025
    815 shares of ILLINOIS TOOL WORKS ITW 38,975 38,069
    148 shares of INTUITIVE SURGICAL, INC. ISRG 39,309 68,525
    351 shares of JOHNSON JOHNSON JNJ 22,001 23,019
    1274 shares of KINDER MORGAN INC KMI 36,621 40,985
    351 shares of KOHLS CORP KSS 17,836 17,322
    740 shares of KRAFT FOODS INC KFT 23,858 27,646
    62757 shares of LAUDUS MONDRIAN EMERGING FD INSTI SHS LEMNX 554,052 519,004
    725 shares of LOEWS CORP L 30,544 27,296
    1815 shares of LOWES COMPANIES INC. LOW 39,568 46,065
    465 shares of MT BANK CORP MTB 34,703 35,498
    194 shares of MASTERCARD INC MA 35,187 72,327
    375 shares of MCCORMICK CO MKC 14,652 18,908
    258 shares of MCDONALDS CORP MCD 20,696 25,885
    629 shares of MEAD JOHNSON NUTRITI MJN 38,070 43,231
    2166 shares of MERCK CO INC. MRK 74,816 81,658
    580 shares of MICROCHIP TECHNOLOGY INC. MCHP 17,954 21,245
    2971 shares of MICROSOFT CORPORATION MSFT 78,960 77,127
    1937 shares of NATIONAL INSTRUMENTS CORPORATION NATI 55,913 50,265
    400 shares of NATL OILWELL VARCO NOV 22,583 27,196
    1822 shares of NETAPP, INC. NTAP 52,544 66,084
    715 shares of NORTHERN TRUST CORPORATION NTRS 35,804 28,357
    1107 shares of NOVARTIS AG ADR NVS 63,508 63,287
    20612 shares of OAKMARK INTERNATIONAL SMALL CAP FUND CL I OAKEX 261,188 247,142
    456 shares of OCCIDENTAL PETE CORP OXY 35,410 42,727
    630 shares of ONEBEACON INSURANCE GROUP OB 7,913 9,696
    1060 shares of ORACLE CORP ORCL 31,095 27,189
    854 shares of PEPSICO INC PEP 55,421 56,663
    1454 shares of PFIZER INC. PFE 25,324 31,465
    276 shares of PHILIP MORRIS INTL PM 17,079 21,660
    577 shares of PLUM CREEK TIMBER REIT PCL 21,146 21,095
    109 shares of PRAXAIR INC. PX 10,916 11,652
    457 shares of PUBLIC STORAGE DEP PFD R PSAD 11,258 12,298
    722 shares of PUBLIC STORAGE SBI O 6.875 PSAXZ.PK 18,644 20,693
    2080 shares of QUALCOMM INC QCOM 85,660 113,776
    761 shares of ROPER INDUSTRIES NEW COMMON ROP 36,720 66,108
    465 shares of SALESFORCE.COM CRM 32,565 47,179
    1131 shares of SCHLUMBERGER LTD SLB 68,100 77,259
    132 shares of SHERWIN-WILLIAMS CO. SHW 9,974 11,784
    1090 shares of SOUTHWESTERN ENERGY SWN 36,622 34,815
    741 shares of STERICYCLE INC SRCL 45,447 57,739
    657 shares of T. ROWE PRICE ASSOCIATES TROW 32,357 37,416
    313 shares of TIME WARNER CABLE INC TWC 20,497 19,897
    1413 shares of TOTAL FINA ELF S.A. TOT 74,601 72,218
    5352 shares of UMB SCOUT INTERNATIONAL UMBWX 143,176 149,706
    264 shares of UNITED TECHNOLOGIES CORP UTX 20,057 19,296
    1060 shares of US BANCORP DEL NEW USB 25,103 28,673
    66 shares of V F CORP VFC 6,807 8,381
    1047 shares of VALLEY NATL BANCORP VLY 13,322 12,951
    386 shares of WAL-MART STORES INC. WMT 20,336 23,067
    148082 shares of WASATCH EMERGING MARKETS SMALL CAP FUND WAEMX 365,000 327,262
    1836 shares of WINDSTREAM CORP WIN 22,796 21,555
    869 shares of WISCONSIN ENERGY CP WEC 25,996 30,380

    TY 2011 InvestmentsGovtObligationsSch
    Name:
    Sylvan Laureate Foundation Inc
    EIN: 52-2044008
    Software ID:11000218
    Software Version:2011.0.0
    US Government Securities - End of Year Book Value:

    1,154,960
    US Government Securities - End of Year Fair Market Value:

    1,205,954
    State & Local Government Securities - End of Year Book Value:


    76,060
    State & Local Government Securities - End of Year Fair Market Value:


    79,100


    TY 2011 OtherExpensesSchedule
    Name:
    Sylvan Laureate Foundation Inc
    EIN: 52-2044008
    Software ID:11000218
    Software Version:2011.0.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 42,803     42,803
    Bank Charges 3,404 3,404    
    Foundation Dues Memberships 8,750     8,750
    Office Supplies 78     78


    TY 2011 OtherIncomeSchedule2
    Name:
    Sylvan Laureate Foundation Inc
    EIN: 52-2044008
    Software ID:11000218
    Software Version:2011.0.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    State Tax Refund 3,992    


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    Sylvan Laureate Foundation Inc
    EIN: 52-2044008
    Software ID:11000218
    Software Version:2011.0.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 61,300 61,300    
    Philanthropic Consulting Fees for the National Learning Center Direct Charitable Activity 61,153     61,153
    Program Director Fee for Direct Charitable Activity Premio UVM Fellowship 61,442     61,442


    TY 2011 TaxesSchedule
    Name:
    Sylvan Laureate Foundation Inc
    EIN: 52-2044008
    Software ID:11000218
    Software Version:2011.0.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Estimated Tax for 2011 3,000 0 0 0
    Foreign Tax Paid 1,254 1,254 0 0