Form990
Click to see attachment
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation)

MediumBullet The organization may have to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0047
2010
Open to Public Inspection
A For the calendar year, or tax year beginning 12-01-2010 and ending 11-30-2011
BCheck if applicable:
CName of organization
THE MARVIN M SCHWAN CHARITABLE FOUNDATION
 
Doing Business As
 
 
Number and street (or P.O. box if mail is not delivered to street address)
514 EARTH CITY EXPRESSWAY NO 233
 
Room/suite
City or town, state or country, and ZIP + 4
EARTH CITY, MO63045
D Employer identification number

36-3918630
E Telephone number

G Gross receipts $ 139,682,699
F Name and address of principal officer:
REV KEITH BOHEIM
514 EARTH CITY EXPRESSWAY NO 233
EARTH CITY,MO63045
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
N/A
H(a)
Is this a group return for
affiliates?
H(b)
Are all affiliates included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:
 
L Year of formation: 1992
M State of legal domicile: SD
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: TO PROVIDE FINANCIAL SUPPORT TO SPECIFIC RELIGIOUS ORGANIZATIONS AS SPECIFIED(CON'T ON SCHEDULE O) BY THE TRUST'S GOVERNING DOCUMENTS.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) .... 3 3
4 Number of independent voting members of the governing body (Part VI, line 1b) .... 4 0
5 Total number of individuals employed in calendar year 2010 (Part V, line 2a) ... 5 4
6 Total number of volunteers (estimate if necessary) .... 6 1
7a Total unrelated business revenue from Part VIII, column (C), line 12 .. 7a 2,480,434
b Net unrelated business taxable income from Form 990-T, line 34 .. 7b 607,113
Revenues; Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 0 0
9 Program service revenue (Part VIII, line 2g) ......... 0 0
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 14,857,315 32,948,184
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 59,963 0
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 14,917,278 32,948,184
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 14,956,377 18,126,772
14 Benefits paid to or for members (Part IX, column (A), line 4) .... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 1,025,961 985,829
16a Professional fundraising fees (Part IX, column (A), line 11e).... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet0    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24f).... 6,539,262 10,425,980
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 22,521,600 29,538,581
19 Revenue less expenses. Subtract line 18 from line 12...... -7,604,322 3,409,603
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............ 728,041,431 749,550,534
21 Total liabilities (Part X, line 26)............ 26,140,500 44,240,000
22 Net assets or fund balances. Subtract line 21 from line 20 ..... 701,900,931 705,310,534
Part II
Signature Block
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 officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title.
Paid Preparer's Use Only Preparer's
signatureBig Right Arrow 		Date
right pointing bullet image Preparer’s taxpayer identification number
(see instructions)
Firm’s name (or yours
if self-employed),
address, and ZIP + 4Big Right Arrow




 		EIN right pointing bullet image
Phone no. right pointing bullet image
May the IRS discuss this return with the preparer shown above? (see instructions) .........
For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form 990 (2010)
Form 990 (2010)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response to any question in this Part III . . . . . . . . . .
1
Briefly describe the organization’s mission: TO PROVIDE FINANCIAL SUPPORT TO SPECIFIC RELIGIOUS ORGANIZATIONS AS SPECIFIED BY THE MARVIN M. SCHWAN CHARITABLE FOUNDATION'S TRUST GOVERNING DOCUMENTS.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ....................
If “Yes,” describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services? ..........................
If “Yes,” describe these changes on Schedule O.
4
Describe the exempt purpose achievements for each of the organization’s three largest program services by expenses.
Section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 20,480,346 including grants of $ 18,126,772 ) (Revenue $   )
TO PROVIDE FINANCIAL SUPPORT TO SPECIFIC RELIGIOUS ORGANIZATIONS AS SPECIFIED BY THE MARVIN M. SCHWAN CHARITABLE FOUNDATION'S TRUST GOVERNING DOCUMENTS.
4b (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4c (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4d Other program services. (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expensesMediumBullet$ 20,480,346
Form 990 (2010)
Form 990 (2010)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If “Yes,” complete Schedule AClick to see attachment.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors? ........
2
 
No
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If “Yes,” complete Schedule C, Part I..........
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities? If “Yes,” complete Schedule C,
Part II.........................
4
 
No
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If “Yes,” complete Schedule C, Part III........................
5
 
 
6
Did the organization maintain any donor advised funds or any similar funds or accounts where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If “Yes,” complete
Schedule D, Part IClick to see attachment.......................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas or historic structures? If “Yes,” complete Schedule D, Part IIClick to see attachment...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If “Yes,” complete Schedule D, Part III Click to see attachment....................
8
 
No
9
Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If “Yes,”
complete Schedule D, Part IVClick to see attachment...................
9
 
No
10
Did the organization, directly or through a related organization, hold assets in term, permanent,or quasi-endowments? If “Yes,” complete Schedule D, Part VClick to see attachment
10
 
No
11
If the organization’s answer to any of the following questions is ‘Yes,’ then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable:
a
Did the organization report an amount for land, buildings, and equipment in Part X, line10? If “Yes,” complete Schedule D, Part VI.Click to see attachment
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VII.Click to see attachment
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VIII.Click to see attachment
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part IX.Click to see attachment
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If “Yes,” complete Schedule D, Part X.Click to see attachment
11e
 
No
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If “Yes,” complete Schedule D, Part X.Click to see attachment
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If “Yes,” complete Schedule D, Parts XI, XII, and XIII Click to see attachment
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If “Yes,” and if the organization answered ‘No’ to line 12a, then completing Schedule D, Parts XI, XII, and XIII is optional Click to see attachment
12b
 
No
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If “Yes,” complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States?....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, and program service activities outside the United States? If “Yes,” complete Schedule F, Part I......... Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization or entity located outside the U.S.? If “Yes,” complete Schedule F, Part II.. Click to see attachment
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to individuals located outside the U.S.? If “Yes,” complete Schedule F, Part III.. Click to see attachment
16
 
No
17
Did the organization report a total of more than $15,000, of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If “Yes,” complete Schedule G, Part I
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If “Yes,” complete Schedule G, Part II..........
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If “Yes,” complete Schedule G, Part III...................
19
 
No
Form 990 (2010)
Form 990 (2010)
Page 4
Part IV
Checklist of Required Schedules (continued)
20a
Did the organization operate one or more hospitals? If “Yes,” complete Schedule H.....
20a
 
No
b
Did the organization attach its audited financial statement to this return? Note: All Form 990 filers that operate one or more hospitals must attach audited financial statements. .....
20b
 
 
21
Did the organization report more than $5,000 of grants and other assistance to governments and organizations in the United States on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.. Click to see attachment
21
Yes
 
22
Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III..... Click to see attachment
22
 
No
23
Did the organization answer “Yes” to Part VII, Section A, questions 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If “Yes,” complete Schedule J................ Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer questions 24b–24d and complete Schedule K. If “No,” go to line 25................
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................
24c
 
 
d
Did the organization act as an “on behalf of” issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If “Yes,” complete Schedule L, Part I...... Click to see attachment
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If “Yes,” complete Schedule L, Part I................ Click to see attachment
25b
 
No
26
Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualified person outstanding as of the end of the organization’s tax year? If “Yes,” complete Schedule L,
Part II........................... Click to see attachment
26
 
No
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor, or a grant selection committee member, or to a person related to such an individual? If “Yes,” complete Schedule L, Part III............... Click to see attachment
27
 
No
28
Was the organization a party to a business transaction with one of the following parties? (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If “Yes,” complete Schedule L, Part IV ......................... Click to see attachment
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If “Yes,”
complete Schedule L, Part IV................... Click to see attachment
28b
 
No
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or owner? If “Yes,” complete Schedule L, Part IV.. Click to see attachment
28c
Yes
 
29
Did the organization receive more than $25,000 in non-cash contributions? If “Yes,” complete Schedule M
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If “Yes,” complete Schedule M............
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If “Yes,” complete Schedule N,
Part I...........................
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If “Yes,” complete Schedule N, Part II.......................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If “Yes,” complete Schedule R, Part I........ Click to see attachment
33
Yes
 
34
Was the organization related to any tax-exempt or taxable entity? If “Yes,” complete Schedule R, Parts II, III, IV, and V, line 1..................... Click to see attachment
34
Yes
 
35
Is any related organization a controlled entity within the meaning of section 512(b)(13)? .....
35
Yes
 
a
Did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If “Yes,” complete Schedule R, Part V, line 2... Click to see attachment
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If “Yes,” complete Schedule R, Part V, line 2........... Click to see attachment
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If “Yes,” complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11 and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2010)
Form 990 (2010)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response to any question in this Part V . . . . . . . . . .
Yes
No
1a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable. .......
1a
11
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable.
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements filed for the calendar year ending with or within the year covered by this return .....................
2a
4
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?.............................
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No,” provide an explanation in Schedule O.....
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account or securities account)?.......................
4a
Yes
 
b
If "Yes," enter the name of the foreign country: MediumBulletCJ , BF , CA , EI , PM , CS
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If “Yes” to line 5a or 5b, did the organization file Form 8886-T? ........
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible?..........
6a
 
No
b
If “Yes,” did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................
7a
 
No
b
If “Yes,” did the organization notify the donor of the value of the goods or services provided?.....
7b
 
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................
7c
 
No
d
If “Yes,” indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?..........................
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?...................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?...............
7h
 
 
8
Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?................
8
Yes
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the organization make any taxable distributions under section 4966?.........
9a
 
 
b
Did the organization make a distribution to a donor, donor advisor, or related person?......
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If “Yes,” enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. All 501(c)(29) organizations must list in Schedule O each state in which they are licensed to issue qualified health plans, the amount of reserves required by each state, and the amount of reserves the organization allocated to each state.
13a
 
 
b
Enter the aggregate amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans.
13b
 
c
Enter the aggregate amount of reserves on hand.
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
 
b
If "Yes," has it filed a Form 720 to report these payments? If “No,” provide an explanation in Schedule O..
14b
 
 
Form 990 (2010)
Form 990 (2010)
Page 6
Part VI
Governance, Management, and Disclosure For each “Yes” response to lines 2 through 7b below, and for a “No” response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response to any question in this Part VI . . . . . . . . . .
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year ..............
1a
3
b
Enter the number of voting members included in line 1a, above, who are independent .................
1b
0
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
Yes
 
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? ..
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Does the organization have members or stockholders? ................
6
 
No
7a
Does the organization have members, stockholders, or other persons who may elect one or more members of the governing body? .........................
7a
Yes
 
b
Are any decisions of the governing body subject to approval by members, stockholders, or other persons? ..
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .........................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
 
No
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If “Yes,” provide the names and addresses in Schedule O .....
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal
Revenue Code.)
Yes
No
10a
Does the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If “Yes,” does the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with those of the organization? ....
10b
 
 
11a
Has the organization provided a copy of this Form 990 to all members of its governing body before filing the form?
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review the Form 990. .....
12a
Does the organization have a written conflict of interest policy? If “No,” go to line 13.......
12a
Yes
 
b
Are officers, directors or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ...........................
12b
Yes
 
c
Does the organization regularly and consistently monitor and enforce compliance with the policy? If “Yes,” describe in Schedule O how this is done ....................
12c
Yes
 
13
Does the organization have a written whistleblower policy? ...............
13
Yes
 
14
Does the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line a or b, describe the process in Schedule O. (See instructions.)
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
Yes
 
b
If “Yes,” has the organization adopted a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and taken steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
Yes
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you make these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how), the organization makes its governing documents, conflict of interest policy, and financial statements available to the public.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organization: MediumBullet
REV KEITH BOHEIM
514 EARTH CITY EXPRESSWAY STE 233
EARTH CITY,MO63045
(314) 739-2116
Form 990 (2010)
Form 990 (2010)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response to any question in this Part VII . . . . . . . . . .
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation, and current key employees. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organizations compensated any current or former officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (check all that apply) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(1) REV KEITH BOHEIM
EXEC DIRECTOR/TRUSTEE
 40.00 X   X       374,125 0 73,988
(2) REV LAWRENCE BURGDORF
EXEC DIRECTOR/TRUSTEE
 5.00 X           109,750 0 50,450
(3) ALFRED PAUL G SCHWAN
TRUSTEE (DECEASED)
 5.00 X           0 0 0
(4) KENT RAABE
TRUSTEE
 5.00 X           40,000 0 0
(5) ERIK BURGDORF
ASSOCIATE DIRECTOR
 40.00       X     222,275 0 72,037
























Form 990 (2010)
Form 990 (2010)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (check all that apply) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;


























1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 746,150 0 196,475
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 in reportable compensation from the organizationMediumBullet3
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If “Yes,” complete Schedule J for such individual .............
3
 
No
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If “Yes,” complete Schedule J for such individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If “Yes,” complete Schedule J for such person .....
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
HOGAN LOVELLS US LLP
COLUMBIA SQUARE 555 THIRTEENTH STR
WASHINGTON,DC20004 		LEGAL SERVICES 2,605,788
SEATON BENKOWSKI & PARTNERS NORTH AMERI
7475 WISCONSIN AVE SUITE 500
BETHESDA,MD20814 		REAL ESTATE MANAGEMENT FEES 1,651,555
NAVIGANT CONSULTING INC
4511 PAYSPERE CIRCLE
CHICAGO,IL60674 		CONSULTING SERVICES 299,000
STONE CARLIE & COMPANY LLC
101 SOUTH HANLEY ROAD SUITE 800
ST LOUIS,MO631053437 		ACCOUNTING AND TAX SERVICES 240,270
ALVAREZ & MARSAL
2100 ROSS AVENUE 21ST FLOOR
DALLAS,TX75201 		CONSULTING SERVICES 237,879
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 in compensation from the organization MediumBullet5
Form 990 (2010)
Form 990 (2010)
Page 9
Part VIII
Statement of Revenue
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512, 513, or 514
Contributions, gifts, grants and other similar amounts 1a Federated campaigns..1a  
b Membership dues....1b  
c Fundraising events....1c  
d Related organizations...1d  
e Government grants (contributions)1e  
f All other contributions, gifts, grants, and
similar amounts not included above1f 		 
g Noncash contributions included in lines 1a-1f:$  
h Total. Add lines 1a-1f.......MediumBullet  
Program Service Revenue Business Code
2a
b
c
d
e
f All other program service revenue .        
g Total. Add lines 2a–2f........MediumBullet  
Other Revenue 3 Investment income (including dividends, interest
and other similar amounts).....MediumBullet 16,147,700   2,480,434 13,667,266
4 Income from investment of tax-exempt bond proceeds..MediumBullet        
5 Royalties............MediumBullet        
(i) Real (ii) Personal
6a Gross Rents    
b Less: rental expenses    
c Rental income or (loss)    
d Net rental income or (loss).......MediumBullet        
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 122,849,379 685,620
b Less: cost or other basis and sales expenses 105,126,215 1,608,300
c Gain or (loss) 17,723,164 -922,680
d Net gain or (loss)..........MediumBullet 16,800,484     16,800,484
8a Gross income from fundraising events (not including
$  
of contributions reported on line 1c). See Part IV, line 18 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from fundraising events..MediumBullet      
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities...MediumBullet        
10a Gross sales of inventory, less
returns and allowances .
a  
b Less: cost of goods sold ..b  
c Net income or (loss) from sales of inventory..MediumBullet        
Miscellaneous Revenue Business Code
11a            
b            
c            
d All other revenue ....        
e Total. Add lines 11a–11d ......MediumBullet  
12 Total revenue. See Instructions....MediumBullet 32,948,184 0 2,480,434 30,467,750
Form 990 (2010)
Form 990 (2010)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D).
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to governments and organizations in the U.S. See Part IV, line 21 18,126,772 18,126,772
2 Grants and other assistance to individuals in the U.S. See Part IV, line 22    
3 Grants and other assistance to governments, organizations, and individuals outside the U.S. See Part IV, lines 15 and 16    
4 Benefits paid to or for members    
5 Compensation of current officers, directors, trustees, and key employees .... 753,700   753,700  
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....        
7 Other salaries and wages 29,733   29,733  
8 Pension plan contributions (include section 401(k) and section 403(b) employer contributions) .... 124,744   124,744  
9 Other employee benefits ....... 53,185   53,185  
10 Payroll taxes ........... 24,467   24,467  
11 Fees for services (non-employees):        
a Management ...... 2,308,296   2,308,296  
b Legal ......... 5,271,059   5,271,059  
c Accounting ........... 385,609   385,609  
d Lobbying ...........        
e Professional fundraising. See Part IV, line 17..    
f Investment management fees ...... 718,869 718,869    
g Other .......... 595,160 595,160    
12 Advertising and promotion ....        
13 Office expenses ....... 20,111   20,111  
14 Information technology ...... 859   859  
15 Royalties ..        
16 Occupancy ........... 33,089   33,089  
17 Travel ............ 33,531   33,531  
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ......        
19 Conferences, conventions, and meetings ....        
20 Interest ........... 1,038,007 1,038,007    
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization ..... 6,408   6,408  
23 Insurance .............. 13,444   13,444  
24 Other expenses. Itemize expenses not covered above. (Expenses grouped together and labeled miscellaneous may not exceed 5% of total expenses shown on line 25 below.)
a TRUSTEE EXPENSES 1,538 1,538    
b
c
d
e
f All other expenses        
25 Total functional expenses. Add lines 1 through 24f 29,538,581 20,480,346 9,058,235 0
26 Joint costs. Check here MediumBullet if following
SOP 98-2 (ASC 958-720). Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation 		       
Form 990 (2010)
Form 990 (2010)
Page 11
Part X Balance Sheet
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash—non-interest-bearing ..........   1 62,316
2 Savings and temporary cash investments ....... 522,903 2 281,826
3 Pledges and grants receivable, net .........   3  
4 Accounts receivable, net .........   4  
5 Receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..........   5  
6 Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B). Complete Part II of
Schedule L ..........   6  
7 Notes and loans receivable, net ............. 305,134,163 7 350,204,339
8 Inventories for sale or use ..............   8  
9 Prepaid expenses and deferred charges ............   9  
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 35,542
b Less: accumulated depreciation. ..... 10b 29,146 12,803 10c 6,396
11 Investments—publicly traded securities .......... 177,541,838 11 168,680,766
12 Investments—other securities. See Part IV, line 11 ...... 244,829,724 12 230,314,891
13 Investments—program-related. See Part IV, line 11 ..   13  
14 Intangible assets .........   14  
15 Other assets. See Part IV, line 11 ...........   15  
16 Total assets. Add lines 1 through 15 (must equal line 34)... 728,041,431 16 749,550,534
Liabilities 17 Accounts payable and accrued expenses .   17  
18 Grants payable ..........   18  
19 Deferred revenue ..........   19  
20 Tax-exempt bond liabilities ..........   20  
21 Escrow or custodial account liability. Complete Part IV of Schedule D..   21  
22 Payables to current and former officers, directors, trustees, key
employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L..........   22  
23 Secured mortgages and notes payable to unrelated third parties .. 26,140,000 23 44,240,000
24 Unsecured notes and loans payable to unrelated third parties ....   24  
25 Other liabilities. Complete Part X of Schedule D..... 500 25 0
26 Total liabilities. Add lines 17 through 25..... 26,140,500 26 44,240,000
Net Assets or Fund Balance Organizations that follow SFAS 117, check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets ..... 701,900,931 27 705,310,534
28 Temporarily restricted net assets .....   28  
29 Permanently restricted net assets .....   29  
Organizations that do not follow SFAS 117, check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds .....   30  
31 Paid-in or capital surplus, or land, building or equipment fund .....   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ..... 701,900,931 33 705,310,534
34 Total liabilities and net assets/fund balances ..... 728,041,431 34 749,550,534
Form 990 (2010)
Form 990 (2010)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response to any question in this Part XI . . . . . . . . . .
1
Total revenue (must equal Part VIII, column (A), line 12) . . .
1
32,948,184
2
Total expenses (must equal Part IX, column (A), line 25) . . . . .
2
29,538,581
3
Revenue less expenses. Subtract line 2 from line 1 . . . .
3
3,409,603
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) . .
4
701,900,931
5
Other changes in net assets or fund balances (explain in Schedule O) . . . .
5
0
6
Net assets or fund balances at end of year. Combine lines 3, 4, and 5 (must equal Part X, line 33, column (B)) . . . . . .
6
705,310,534
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response to any question in this Part XII . . . . . . . . . .
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?..
2a
 
No
b
Were the organization’s financial statements audited by an independent accountant?........
2b
Yes
 
c
If “Yes,” to 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O............................
2c
Yes
 
d
If “Yes” to line 2a or 2b, check a box below to indicate whether the financial statements for the year were issued on a separate basis, consolidated basis, or both:
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? ................
3a
 
No
b
If “Yes,” did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits. ..
3b
 
 
Form 990 (2010)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ. right arrow See separate instructions.
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
THE MARVIN M SCHWAN CHARITABLE FOUNDATION
 
Employer identification number

36-3918630
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
f
g
(i) a person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the the supported organization? ................
11g(i)
 
No
(ii) a family member of a person described in (i) above? ......................
11g(ii)
 
No
(iii) a 35% controlled entity of a person described in (i) or (ii) above? ................
11g(iii)
 
No
h
(i)
Name of supported organization 		(ii)
EIN 		(iii)
Type of organization (described on lines 1- 9 above or IRC section (see instructions)) 		(iv)
Is the organization in col. (i) listed in your governing document? 		(v)
Did you notify the organization in col. (i) of your support? 		(vi)
Is the organization in col. (i) organized in the U.S.? 		(vii)
Amount of support?
Yes No Yes No Yes No
(1) BETHANY LUTHERAN COLLEGE
  		410747165 2 Yes   Yes   Yes   3,300,000
(2) EVANGELICAL LUTHERAN SYNOD
  		237181739 1 Yes   Yes   Yes   750,000
(3) INTERNATIONAL LUTHERAN LAYMEN'S LEAGUE
  		431631485 9 Yes   Yes   Yes   120,000
(4) LUTHERAN CHURCH MISSOURI SYNOD
  		430658188 1 Yes   Yes   Yes   3,492,179
(5) WISCONSIN EVANGELICAL LUTHERAN SYNOD
  		391656073 1 Yes   Yes   Yes   1,064,593
(6) WISCONSIN EVANGELICAL LUTHERAN SYNOD
  		390842084 1 Yes   Yes   Yes   3,990,000
(7) WISCONSIN LUTHERAN COLLEGE
  		237179639 1 Yes   Yes   Yes   4,500,000
(8) MISSIONS ADVANCEMENT PROJECT
  		411938532 1   No Yes   Yes   910,000
Total                 18,126,772

For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 2
Part II
Support Schedule for Organizations Described in IRC 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year(or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....            
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......            
3 The value of services or facilities furnished by a governmental unit to the organization without charge..            
4 Total. Add lines 1 through 3..            
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..            
6 Public Support. Subtract line 5 from line 4.            
Section B. Total Support
Calendar year(or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
7 Amounts from line 4..            
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
9 Net income from unrelated business activities, whether or not the business is regularly carried on..            
10 Other income. (Explain in Part IV.) Do not include gain or loss from the sale of capital assets..            
11 Total support (Add lines 7 through 10).            
12
12
 
13
Section C. Computation of Public Support Percentage
14
14
 
15
15
 
16a
b
17a
b
18
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 3
Part III
Support Schedule for Organizations Described in IRC 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year(or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......            
3 Gross receipts from activities that are not an unrelated trade or business under section 513..            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge..            
6 Total. Add lines 1 through 5.            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons...            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public Support (Subtract line 7c from line 6.)            
Section B. Total Support
Calendar year (or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)            
13 Total support (Add lines 9, 10c, 11 and 12.).            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 4
Part IV
Supplemental Information. Supplemental Information. Complete this part to provide the explanation required by Part II, line 10; Part II, line 17a or 17b; or Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Explanation
SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: MISSIONS ADVANCEMENT PROJECT, INC. (MAP) IS A TYPE I SUPPORTING ORGANIZATION (PARENT/SUBSIDIARY RELATIONSHIP) OF EVANGELICAL LUTHERAN SYNOD, A NAMED SUPPORTED ORGANIZATION. THIS DIRECT SUPPORT TO MAP FROM THE FOUNDATION IS ALLOWED PURSUANT TO TREASURY REGULATIONS SECTION 1.509(A)-4(E)(1).
 
 
 
Schedule A (Form 990 or 990-EZ) 2010

Additional Data


Software ID:  
Software Version:  
SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11, or 12.
SchDMd Bullet Attach to Form 990. SchDMd Bullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
THE MARVIN M SCHWAN CHARITABLE FOUNDATION
 
Employer identification number

36-3918630
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .......    
2 Aggregate contributions to (during year) ...    
3 Aggregate grants from (during year) ...    
4 Aggregate value at end of year .......    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds may be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit. ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a–2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ....................... 2a  
b Total acreage restricted by conservation easements .................. 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06 ........ 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the taxable year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................
6
Staff and volunteer hours devoted to monitoring, inspecting and enforcing conservation easements during the year SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section
170(h)(4)(B)(i) and 170(h)(4)(B)(ii)? ....................................
9
In Part XIV, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116, not to report in its revenue statement and balance sheet works of
art, historical treasures, or other similar assets held for public exhibition, education or research in furtherance of public service,
provide, in Part XIV, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116, to report in its revenue statement and balance sheet works of art,
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service,
provide the following amounts relating to these items:
(i)
Revenues included in Form 990, Part VIII, line 1 ........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ..............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 relating to these items:
a
Revenues included in Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 52283D
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s accession and other records, check any of the following that are a significant use of its collection
items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIV.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b
If "Yes," explain the arrangement in Part XIV and complete the following table:
Amount
c Beginning balance ................................. 1c  
d Additions during the year .............................. 1d  
e Distributions during the year ............................. 1e  
f Ending balance ................................... 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21? .....................
b
If “Yes,” explain the arrangement in Part XIV.
Part V
Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a)Current Year (b)Prior Year (c)Two Years Back (d)Three Years Back (e)Four Years Back
1a Beginning of year balance ....      
b Contributions ........      
c Investment earnings or losses ...      
d Grants or scholarships .....      
e Other expenditures for facilities
and programs ........ 		     
f Administrative expenses ....      
g End of year balance ......      
2
Provide the estimated percentage of the year end balance held as:
a
Board designated or quasi-endowment: SchDMd Bullet  
b
Permanent endowment: SchDMd Bullet  
c
Term endowment: SchDMd Bullet  
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations ........................
3a(i)
 
 
(ii) related organizations ........................
3a(ii)
 
 
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIV the intended uses of the organization's endowment funds.
Part VI
Investments—Land, Buildings, and Equipment. See Form 990, Part X, line 10.
Description of investment (a) Cost or other basis (investment) (b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .................      
b Buildings ................        
c Leasehold improvements ............   10,513 7,009 3,504
d Equipment ................   25,029 22,137 2,892
e Other .................        
Total. Add lines 1a-1e. (Column (d) should equal Form 990, Part X, column (B), line 10(c).)........SchDMdBullet 6,396
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 3
Part VII
Investments—Other Securities. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b)Book value (c) Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives    
(2)Closely-held equity interests 230,314,891 C
Other








Total. (Column (b) should equal Form 990, Part X, col.(B) line 12.)Small Bullet 230,314,891
Part VIII
Investments—Program Related. See Form 990, Part X, line 13.
(a) Description of investment type (b) Book value (c) Method of valuation:
Cost or end-of-year market value








Total. (Column (b) should equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. See Form 990, Part X, line 15.
(a) Description (b) Book value








Total. (Column (b) should equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities. See Form 990, Part X, line 25.
1.(a) Description of Liability (b) Amount
Federal Income Taxes  








Total. (Column (b) should equal Form 990, Part X, col.(B) line 25.)Small Bullet  
2. Fin 48 (ASC 740) Footnote. In Part XIV, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC740).
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 4
Part XI Reconciliation of Change in Net Assets from Form 990 to Financial Statements
1 Total revenue (Form 990, Part VIII, column (A), line 12) .................... 1  
2 Total expenses (Form 990, Part IX, column (A), line 25) ..................... 2  
3 Excess or (deficit) for the year. Subtract line 2 from line 1 ............. 3  
4 Net unrealized gains (losses) on investments .......................... 4  
5 Donated services and use of facilities ............................. 5  
6 Investment expenses ................................... 6  
7 Prior period adjustments .................................. 7  
8 Other (Describe in Part XIV) ................................. 8  
9 Total adjustments (net). Add lines 4 - 8 ............................. 9  
10 Excess or (deficit) for the year per financial statements. Combine lines 3 and 9 ......... 10  
Part XII Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
1 Total revenue, gains, and other support per audited financial statements ....... 1  
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains on investments .......... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIV): ............ 2d  
e Add lines 2a through 2d ..................... 2e  
3 Subtract line 2e from line 1..................... 3  
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIV): ........... 4b  
c Add lines 4a and 4b....................... 4c  
5 Total Revenue. Add lines 3 and 4c. (This should equal Form 990, Part I, line 12.) ...... 5  
Part XIII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
1 Total expenses and losses per audited financial statements ............. 1  
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities .......... 2a  
b Prior year adjustments .............. 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIV): ............ 2d  
e Add lines 2a through 2d...................... 2e  
3 Subtract line 2e from line 1..................... 3  
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIV): ............ 4b  
c Add lines 4a and 4b....................... 4c  
5 Total expenses. Add lines 3 and 4c. (This should equal Form 990, Part I, line 18.) ...... 5  
Part XIV
Supplemental Information
Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X; Part XI, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b. Also complete this part to provide any additional information.
Identifier Return Reference Explanation
    SEE SCHEDULE O REGARDING FIN 48 REPORTING BY THE ORGANIZATION.
Schedule D (Form 990) 2010

Additional Data


Software ID:  
Software Version:  




SCHEDULE F
(Form 990)

Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right pointing arrow large image Complete if the organization answered "Yes" to Form 990,
Part IV, line 14b, 15, or 16.
Right pointing arrow large image Attach to Form 990. Right pointing arrow large image See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
THE MARVIN M SCHWAN CHARITABLE FOUNDATION
 
Employer identification number

36-3918630
Part I
General Information on Activities Outside the United States. Complete if the organization answered
“Yes” to Form 990, Part IV, line 14b.
1
For grantmakers. Does the organization maintain records to substantiate the amount of the grants or
assistance, the grantees' eligibility for the grants or assistance, and the selection criteria used to award
the grants or assistance? ...................................
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of grant funds outside the
United States.
3
Activites per Region. (Use Part V if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees or agents in region or independent contractors (d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in region		 (f) Total
expenditures for region/investments
in region
CENTRAL AMERICA AND THE CARIBBEAN     INVESTMENTS IN HOTEL & REAL ESTATE ACTIVITIES AS REVENUE GENERATOR & FUND CORPUS INVESTMENT VEHICLE.   204,035,973
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
3a Sub-total ..... 0 0 204,035,973
b Total from continuation sheets to Part I ... 0 0 0
c Totals (add lines 3a and 3b) 0 0 204,035,973
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2010
Schedule F (Form 990) 2010
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990,
Part IV, line 15, for any recipient who received more than $5,000. Check this box if no one recipient received more than $5,000 ........ MediumBullet
Use Part V if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount of
of non-cash
assistance 		(h) Description
of non-cash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
2
Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .....MediumBullet
 
3
Enter total number of other organizations or entities ........................MediumBullet
 
Schedule F (Form 990) 2010
Schedule F (Form 990) 2010Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.
Use Part V if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
non-cash
assistance 		(g) Description
of non-cash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2010
Schedule F (Form 990) 2010
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926 (see instructions for Form 926).................
2 Did the organization have an interest in a foreign trust during the tax year? If " Yes," the organization may be required to file Form 3520 and/or Form 3520-A. (see instructions for Forms 3520 and 3520-A)..........
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with respect to Certain Foreign Corporations. (see instructions for Form 5471)..............................
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If "Yes," the organization may be required to file Form 8621, Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see instructions for Form 8621)
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with respect to Certain Foreign Partnerships. (see instructions for Form 8865)....................................
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to file Form 5713, International Boycott Report (see instructions for Form 5713)................................................
Schedule F (Form 990) 2010
Schedule F (Form 990) 2010
Page 5
Part V
Supplemental Information
Complete this part to provide the information (see instructions) required in Part I, line 2, and any additional information.
Identifier ReturnReference Explanation
METHOD USED TO ACCCOUNT FOR EXPENDITURES:   SCHEDULE F, PART I, LINE 3: THE EXPENSES REPORTED IN COLUMN F WERE BASED ON CASH METHOD ACCOUNTING, THE SAME METHOD USED ON PART IX OF FORM 990.
OTHER INFORMATION SCHEDULE F, PART V PART I, LINE 3, COLUMN (F) CENTRAL AMERICA AND THE CARIBBEAN TOTAL CUMULATIVE INVESTMENTS - $199,433,926 TOTAL EXPENDITURES - $4,602,047 TOTAL PART I, LINE 3, COLUMN (F) - $204,035,973
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
Schedule F (Form 990) 2010
Additional Data


Software ID:  
Software Version:  



Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
THE MARVIN M SCHWAN CHARITABLE FOUNDATION
 
Employer identification number
36-3918630
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21 for any recipient that received more than $5,000. Check this box if no one recipient received more than $5,000. Use
Part IV and Schedule I-1 (Form 990) if additional space is needed ......................... lBullet
(a) Name and address of organization
or government		 (b) EIN (c) IRC Code section
if applicable		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
non-cash assistance		 (h) Purpose of grant
or assistance
(1) BETHANY LUTHERAN COLLEGE700 LUTHER DRIVE
MANKATO,MN56001 		41-0747165 501(C)(3) 3,300,000       RELIGIOUS LAND AND BUILDINGS
(2) EVANGELICAL LUTHERAN SYNOD8 BROWNS COURT
MANKATO,MN56001 		23-7181739 501(C)(3) 750,000       RELIGIOUS FOREIGN MISSIONS
(3) INTERNATIONAL LUTHERAN LAYMEN'S LEAGUE660 MASON RIDGE CENTER DRIVE
ST LOUIS,MO63141 		43-1631485 501(C)(3) 120,000       RELIGIOUS FOREIGN MISSIONS
(4) LUTHERAN CHURCH MISSOURI SYNOD1333 SOUTH KIRKWOOD ROAD
ST LOUIS,MO63122 		43-0658188 501(C)(3) 3,492,179       RELIGIOUS FOREIGN MISSIONS
(5) WISCONSIN EVANGELICAL LUTHERAN SYNOD KINGDOM WORKERS2323 N MAYFAIR ROAD STE 400
WAUWATOSA,WI53226 		39-1656073 501(C)(3) 1,064,593       RELIGIOUS FOREIGN MISSIONS
(6) WISCONSIN EVANGELICAL LUTHERAN SYNOD2929 N MAYFAIR ROAD
MILWAUKEE,WI53222 		39-0842084 501(C)(3) 3,990,000       CHURCH AND FAMILIES
(7) WISCONSIN LUTHERAN COLLEGE8800 WEST BLUEMOUND ROAD
MILWAUKEE,WI53226 		23-7179639 501(C)(3) 4,500,000       RELIGIOUS LAND AND BUILDINGS
(8) MISSIONS ADVANCEMENT PROJECT6 BROWNS COURT
MANKATO,MN56001 		41-1938532 501(C)(3) 910,000       RELIGIOUS FOREIGN MISSIONS








2
Enter total number of section 501(c)(3) and government organizations ......................... Bullet Image
8
3
Enter total number of other organizations ................................ . Bullet Image
0
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2010

Schedule I (Form 990) 2010
Page 2
Part III
Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Use Schedule I-1 (Form 990) if additional space is needed.
(a)Type of grant or assistance (b)Number of
recipients		 (c)Amount of
cash grant		 (d)Amount of
non-cash assistance		 (e)Method of valuation (book,
FMV, appraisal, other)		 (f)Description of non-cash assistance













Part IV
Supplemental Information. Complete this part to provide the information required in Part I, line 2, and any other additional information.
Identifier Return Reference Explanation
PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: KEY EMPLOYEES AND/OR TRUSTEES OF THE FOUNDATION MAINTAIN CLOSE AND CONTINUOUS RELATIONSHIPS WITH EACH OF THE FOUNDATION'S SUPPORTED ORGANIZATIONS BY SERVING ON THE ORGANIZATIONS' GOVERNING BODY AND/OR MAINTAINING A WORKING RELATIONSHIP WITH THE BENEFICIARY ORGANIZATIONS' BOARD MEMBERS. THESE RELATIONSHIPS ALLOW THE FOUNDATION TO REMAIN RESPONSIVE TO THE NEEDS OF ITS SUPPORTED ORGANIZATIONS AS WELL AS OVERSEE THE USE OF THE GRANT FUNDS. FURTHER, THESE RELATIONSHIPS PROVIDE THE SUPPORTED ORGANIZATIONS WITH A WAY TO EXERCISE A VOICE IN THE INVESTMENT AND GRANTMAKING ACTIVITIES OF THE FOUNDATION. THE MAJORITY OF THE GRANTS ARE NOT DESIGNATED FOR A SPECIFIC PURPOSE; HOWEVER, BY THE BENEFICIARY ORGANIZATIONS ADHERING TO THEIR STATED MISSIONS, THE FOUNDATION IS SATISFIED THAT PROPER STEWARDSHIP OF THE GRANT FUNDS HAVE BEEN ATTAINED.
Schedule I (Form 990) 2010


Additional Data


Software ID:  
Software Version:  


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" to Form 990,
Part IV, question 23.
SchJMediumBullet Attach to Form 990. SchJMediumBullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
THE MARVIN M SCHWAN CHARITABLE FOUNDATION
 
Employer identification number

36-3918630
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement orprovision of all the expenses described above? If "No," complete Part III to explain....
1b
 
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
officers, directors, trustees, and the CEO/Executive Director, regarding the items checked in line 1a? ....
2
Yes
 
3
Indicate which, if any, of the following the organization uses to establish the compensation of the
organization's CEO/Executive Director. Check all that apply.
4
During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? ...............
4a
 
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? ........
4b
 
No
c
Participate in, or receive payment from, an equity-based compensation arrangement? ........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3) and 501(c)(4) organizations only must complete lines 5-9.
5
For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ...........................
5a
 
No
b
Any related organization? .........................
5b
 
No
If "Yes," to line 5a or 5b, describe in Part III.
6
For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ...........................
6a
 
No
b
Any related organization? .........................
6b
 
No
If "Yes," to line 6a or 6b, describe in Part III.
7
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
No
8
Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regs. section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................
8
 
No
9
If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 50053T
Schedule J (Form 990) 2010

Schedule J (Form 990) 2010
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use Schedule J-1 if additional space needed.
For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.

Note. The sum of columns (B)(i)-(iii) must equal the applicable column (D) or column (E) amounts on Form 990, Part VII, line 1a.
(A) Name (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation
reported in prior
Form 990 or
Form 990-EZ
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
(1) REV KEITH BOHEIM (i)
(ii)		 374,125
0 		0
0 		0
0 		49,000
0 		24,988
0 		448,113
0 		0
0
(2) REV LAWRENCE BURGDORF (i)
(ii)		 109,750
0 		0
0 		0
0 		49,000
0 		1,450
0 		160,200
0 		0
0
(3) ERIK BURGDORF (i)
(ii)		 222,275
0 		0
0 		0
0 		48,365
0 		23,672
0 		294,312
0 		0
0













Schedule J (Form 990) 2010

Schedule J (Form 990) 2010
Page 3
Part III
Supplemental Information
Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 4c, 5a, 5b, 6a, 6b, 7, and 8. Also complete this part for any additional information.
Identifier Return Reference Explanation
Schedule J (Form 990) 2010

Additional Data


Software ID:  
Software Version:  
Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered
"Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c,
or Form 990-EZ, Part V lines 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ. MediumBulletSee separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
THE MARVIN M SCHWAN CHARITABLE FOUNDATION
 
Employer identification number

36-3918630
Part I
Excess Benefit Transactions (section 501(c)(3) and section 501 (c)(4) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Description of transaction (c) Corrected?
Yes No





2
Enter the amount of tax imposed on the organization managers or disqualified persons during the year under section 4958. ......................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ....... Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 26, or Form 990-EZ, Part V, line 38a.
(a) Name of interested person and purpose (b) Loan to or from the organization? (c)Original principal amount (d)Balance due (e) In default? (f) Approved by board or committee? (g)Written agreement?
To From Yes No Yes No Yes No
Total ...............Small Bullet $  
Part III
Grants or Assistance Benefitting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b)Relationship between interested person and the organization (c)Amount of grant or type of assistance
For Privacy Act and Paperwork Reduction Act Notice, see the
Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2010
Schedule L (Form 990 or 990-EZ) 2010
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) PENINSULA PAPAGAYO VENTURES LTD
  		SEE DESCRIPTION OF TRANSACTION 10,053,119 LOAN TO PENINSULA PAPAGAYO VENTURES, LTD ORGANIZATION TRUSTEES KEITH BOHEIM, ERIC BURGDORF AND LAWRENCE BURGDORF SERVE AS BOARD MEMBERS OF PENINSULA PAPAGAYO VENTURES, LTD   No
(2) MARINA PAPAGAYO HOLDING LTD
  		SEE DESCRIPTION OF TRANSACTION 3,425,530 LOAN TO MARINA PAPAGAYO HOLDING, LTD ORGANIZATION TRUSTEES KEITH BOHEIM, ERIC BURGDORF AND LAWRENCE BURGDORF SERVE AS BOARD MEMBERS OF MARINA PAPAGAYO HOLDING, LTD   No
Part V
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule L (see instructions).
Identifier Return Reference Explanation
Schedule L (Form 990 or 990-EZ) 2010

Additional Data


Software ID:  
Software Version:  




SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
THE MARVIN M SCHWAN CHARITABLE FOUNDATION
 
Employer identification number

36-3918630
Identifier Return Reference Explanation
EXCESS BUSINESS HOLDINGS PART V, LINE8 BASED ON IRS FINDINGS, THE FOUNDATION HAD EXCESS BUSINESS HOLDINGS UNDER SECTION 4943 RELATING TO ONE INVESTMENT; SUCH HOLDINGS CONTINUED TO HAVE A NEGATIVE VALUE FOR EACH APPLICABLE DAY DURING THE FILING YEAR. THE RELEVANT BUSINESS HOLDING NO LONGER EXCEEDS PERMITTED LEVELS.
FORM 990, PART VI, SECTION A, LINE 2   REV. LAWRENCE BURGDORF AND ERIK BURGDORF ARE FATHER AND SON, RESPECTIVELY.
FORM 990, PART VI, SECTION A, LINE 7A   THE FOUNDATION HAS A TRUSTEE SUCCESSION COMMITTEE. THIS COMMITTEE CAN'T INFLUENCE THE TRUSTEES OR MAKE DECISIONS FOR THE TRUSTEES, BUT IF THE COMMITTEE FEELS THAT A TRUSTEE(S) ACTED OUTSIDE THE BEST INTERESTS OF THE FOUNDATION THEY CAN REPLACE THAT TRUSTEE.
FORM 990, PART VI, SECTION A, LINE 8B   THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11   A PRELIMINARY FORM 990 WAS PRESENTED TO THE TRUSTEES AT A TRUSTEE MEETING. COMMENTS WERE PROVIDED TO THE TAX PREPARERS. AN UPDATED VERSION OF FORM 990 WAS SUBSEQUENTLY REVIEWED BY THE TRUSTEES PRIOR TO THE FILING DEADLINE.
  FORM 990, PART VI, SECTION B, LINE 12C THE DISCLOSURE STATEMENT ON CONFLICT OF INTEREST IS SUBMITTED ANNUALLY BY ALL INDIVIDUALS AT THE BEGINNING OF THE FISCAL YEAR OF THE FOUNDATION AND RETURNED TO THE BOARD OF TRUSTEES. AFTER REVIEW, COPIES ARE SUBMITTED TO THE LEGAL ADVISORS OF THE FOUNDATION.
  FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION HAS A COMPENSATION COMMITTEE COMPRISED OF THE TWO INDEPENDENT, NON-EMPLOYEE TRUSTEES. THE COMMITTEE ENGAGES INDEPENDENT FIRMS TO PERFORM COMPENSATION STUDIES AS NEEDED AND CONDUCTS A THOROUGH REVIEW OF THE SALARY SCALES ANNUALLY. THE COMPENSATION COMMITTEE SUBMITS THE PROPOSED SALARY ADJUSTMENTS TO THE GOVERNING BODY FOR FINAL APPROVAL.
  FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST.
  FORM 990, PART VII, COMPENSATION: A MEMBER OF THE TRUSTEE SUCCESSION COMMITTEE WAS COMPENSATED AS FOLLOWS. THIS INDIVIDUAL'S RELATIONSHIP WITH THE FOUNDATION DOES NOT MEET THE REPORTING REQUIREMENTS FOR PART VII, SECTION A OR SECTION B BECAUSE OF REPORTING THRESHOLDS AND THE FACT THAT THE TRUSTEE SUCCESSION COMMITTEE DOES NOT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. NAME AND ADDRESS: PAUL TWEIT, 1126 ANDERSON DRIVE, MANKATO, MN 56001 DESCRIPTION OF SERVICES: MEMBER, TRUSTEE SUCCESSION COMMITTEE COMPENSATION: $40,000
  FORM 990, PART VII, COMPENSATION: REV. LAWRENCE BURGDORF RETIRED AS EXECUTIVE DIRECTOR OF THE FOUNDATION EFFECTIVE MARCH 31, 2010 BUT PRESENTLY SERVES ON THE TRUSTEE SUCCESSION COMMITTEE. TRUSTEES OF THE FOUNDATION ARE NOT COMPENSATED FOR THEIR SERVICES; THEREFORE, $30,000 OF THE COMPENSATION REPORTED ON FORM 990, PART VII FOR REV. LAWRENCE BURGDORF RELATES SOLELY TO HIS SERVICE ON THE TRUSTEE SUCCESSION COMMITTEE, NOT IN THE CAPACITY AS A TRUSTEE OF THE FOUNDATION.
  FORM 990, PART VII, COMPENSATION: TRUSTEES OF THE FOUNDATION ARE NOT COMPENSATED FOR THEIR SERVICES; THEREFORE, THE AMOUNT REPORTED AS COMPENSATION FOR KENT RAABE ON FORM 990, PART VII RELATES SOLELY TO HIS SERVICE ON THE TRUSTEE SUCCESSION COMMITTEE, NOT IN THE CAPACITY AS A TRUSTEE OF THE FOUNDATION.
  SCHEDULE R: THE SHARE OF TOTAL INCOME AND END OF YEAR ASSETS FOR CERTAIN ENTITIES ARE NOT INCLUDED BECAUSE THEY ARE NOT INCLUDED IN PART X OF FORM 990. FOR ENTITIES WHICH REQUIRE FORM 5471 OR FORM 8858 REPORTING SEE ATTACHED FORMS FOR ENTITIES' ACTIVITY INCLUDING END OF YEAR ASSETS AND TOTAL INCOME.
  FORM 990, PART IV, LINE 12, INDEPENDENT AUDITED FINANCIAL STATEMENTS: THE MARVIN M. SCHWAN CHARITABLE FOUNDATION OBTAINED SEPARATE, INDEPENDENT AUDITED FINANCIAL STATEMENTS FOR THE TAX PERIOD ENDING 11/30/2011. THESE FINANCIAL STATEMENTS WERE PREPARED ON THE CASH BASIS OF ACCOUNTING, WHICH IS A COMPREHENSIVE BASIS OF ACCOUNTING OTHER THAN GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WHICH DOES NOT SATISFY THE REQUIREMENTS FOR A POSITIVE RESPONSE UNDER THE INSTRUCTIONS TO FORM 990, PART IV, LINE 12.
  FORM 990, PART VI, LINE 9: ALFRED PAUL G. SCHWAN PASSED AWAY IN MARCH 2011. ALL CORRESPONDENCE RECEIVED BY THE FOUNDATION ON HIS BEHALF WILL BE FORWARDED TO HIS ESTATE.
  FORM 990, PART VIII, STATEMENT OF REVENUE: THE ORGANIZATION IS REPORTING INVESTMENT INCOME, RENTAL INCOME AND GAIN/(LOSS) AMOUNTS IN COLUMN (D) BECAUSE SUCH AMOUNTS REPRESENT REVENUE WHICH IS EXCLUDABLE UNDER THE RULES PROVIDED IN IRC SECTIONS 512, 513 AND 514. SUCH AMOUNTS ARE USED BY THE FOUNDATION TO OPERATE FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF ONE OR MORE OF ITS SPECIFIC RELIGIOUS SUPPORTED ORGANIZATIONS. THE EXPENSES REFLECTED ON PART IX RELATE TO THAT REVENUE AND THOSE USES. FOR PURPOSES OF FORM 990 REPORTING, BOTH SHORT-TERM AND LONG-TERM GAINS (AS APPLICABLE) ARE REPORTED TOGETHER.
  FORM 990, SCHEDULE D, PART X. LINE 2, FIN 48 FOOTNOTE REPORTING: THE MANAGEMENT OF THE ORGANIZATION BELIEVES THAT ALL POSITIONS WITH RESPECT TO INCOME TAXATION TAKEN ON ITS RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED AND NO TAX LIABILITY EXPOSURE EXISTS.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2010

Additional Data


Software ID:  
Software Version:  
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" to Form 990, Part IV, line 33, 34, 35, 36, or 37.
MediumBulletAttach to Form 990. MediumBullet See separate instructions.

OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
THE MARVIN M SCHWAN CHARITABLE FOUNDATION
 
Employer identification number

36-3918630
Part I
Identification of Disregarded Entities (Complete if the organization answered "Yes" on Form 990, Part IV, line 33.)
(a)
Name, address, and EIN of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income
(e)
End-of-year assets


 		(f)
Direct controlling
entity







(1) THE KINGS FOUNDATION INVESTMENT PAPAGAYO LLC
514 EARTH CITY EXPRESSWAY SUITE 233
EARTH CITY,MO63045
 REAL ESTATE INVESTMENT/OPERATION MO 0 12,219,086 N/A
(2) WINGS OF PAPAGAYO LLC
514 EARTH CITY EXPRESSWAY SUITE 233
EARTH CITY,MO63045
 REAL ESTATE INVESTMENT/OPERATION MO 0 124,743,426 N/A
(3) KINGS FOUNDATION INVESTMENT CAYMAN LTD
514 EARTH CITY EXPRESSWAY SUITE 233
EARTH CITY,MO63045
 REAL ESTATE INVESTMENT/OPERATION CJ 2,597,501 276,883,425 N/A
(4) TKF INDEMNITY COMPANY LLC
514 EARTH CITY EXPRESSWAY SUITE 233
EARTH CITY,MO63045
52-2358835 		REAL ESTATE INVESTMENT/OPERATION DC 0 0 N/A




Part II
Identification of Related Tax-Exempt Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.)
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section
(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled organization
Yes No
(1) BETHANY LUTHERAN COLLEGE

700 LUTHER DRIVE

MANKATO,MN56001
41-0747165 		EDUCATIONAL FACILITY MN 501(C)(3) 2 EVANGELICAL LUTHERAN SYNOD
 
 
No
(2) EVANGELICAL LUTHERAN SYNOD

6 BROWNS COURT

MANKATO,MN56001
23-7181739 		RELIGIOUS TEACHING AND PRACTICE MN 501(C)(3) 1 N/A
 
No
(3) INTERNATIONAL LUTHERAN LAYMEN'S LEAGUE

660 MASON RIDGE CENTER

ST LOUIS,MO63141
43-1631485 		RELIGIOUS TEACHING AND ADVANCEMENT MO 501(C)(3) 9 N/A
 
No
(4) LUTHERAN CHURCH MISSOURI SYNOD

1333 S KIRKWOOD RD

ST LOUIS,MO63122
43-0658188 		RELIGIOUS TEACHING AND PRACTICE MO 501(C)(3) 1 N/A
 
No
(5) WISCONSIN EVANGELICAL LUTHERAN SYNOD KINGDOM WORKERS

2323 N MAYFAIR ROAD SUITE 400

WAUWATOSA,WI53226
39-1656073 		RELIGIOUS TEACHING AND ADVANCEMENT WI 501(C)(3) 1 WISCONSIN EVANGELICAL LUTHERAN SYNOD
 
 
No
(6) WISCONSIN EVANGELICAL LUTHERAN SYNOD

2929 N MAYFAIR RD

MILWAUKEE,WI53222
39-0842084 		RELIGIOUS TEACHING AND PRACTICE WI 501(C)(3) 1 N/A
 
No
(7) WISCONSIN LUTHERAN COLLEGE

8800 WEST BLUEMOUND ROAD

MILWAUKEE,WI53226
23-7179639 		EDUCATIONAL FACILITY WI 501(C)(3) 1 N/A
 
No
(8) MISSIONS ADVANCEMENT PROJECT

6 BROWNS COURT

MANKATO,MN56001
41-1938532 		RELIGIOUS TEACHING AND ADVANCEMENT MN 501(C)(3) 1 N/A
 
No
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.)
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V—UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No
(1) THE KING'S FUNDS HOLDING COMPANY LLC

7475 WISCONSIN AVENUE SUITE 500
BETHESDA,MD20814
30-0132279 		REAL ESTATE INVESTMENT DC N/A
 EXCLUDED SEC 512-514 10,008,876 30,881,465   No     No 100.000 %
(2) TKFSBP CARROLL SQUARE LLC

7475 WISCONSIN AVENUE SUITE 500
BETHESDA,MD20814
20-0084359 		REAL ESTATE INVESTMENT DC THE KING'S FUNDS HOLDING COMPANY LLC
  		EXCLUDED SEC 512-514       No     No 99.000 %
(3) CARROLL SQUARE VENTURE LLC

975 F STREET NW
WASHINGTON,DC20001
20-0084376 		REAL ESTATE INVESTMENT DC TKFSBP CARROLL SQUARE LLC
  		EXCLUDED SEC 512-514       No     No 98.010 %
(4) TKFSBP 800K801 EYE LLC

7475 WISCONSIN AVENUE SUITE 500
BETHESDA,MD20814
80-0019638 		REAL ESTATE INVESTMENT DC THE KING'S FUNDS HOLDING COMPANY LLC
  		EXCLUDED SEC 512-514       No     No 99.000 %
(5) 800K801 EYE JV LLC

800 K STREET NW
WASHINGTON,DC20001
74-3027763 		REAL ESTATE INVESTMENT DC TKFSBP 800K801 EYE LLC
  		EXCLUDED SEC 512-514       No     No 53.460 %
(6) TKFSBP GAITHER ROAD LLC

7475 WISCONSIN AVENUE SUITE 500
BETHESDA,MD20814
20-1296533 		REAL ESTATE INVESTMENT DC THE KING'S FUNDS HOLDING COMPANY LLC
  		EXCLUDED SEC 512-514       No     No 99.000 %
(7) REDLAND TECH CENTER LLC

540 GAITHER ROAD
GAITHERSBURG,MD20850
20-2181508 		REAL ESTATE INVESTMENT DC TKFSBP GAITHER ROAD LLC
  		EXCLUDED SEC 512-514       No   Yes   99.010 %
(8) EMERALD BAY RESORT & CO

QUEENS HIGHWAY FARMERS HILL
EMERALD BAY    
BF
REAL ESTATE INVESTMENT BF THE KINGS FOUNDATION LTD
  		EXCLUDED SEC 512-514       No     No 50.710 %
Part IV
Identification of Related Organizations Taxable as a Corporation or Trust (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.)
(a)
Name, address, and EIN of related organization



 		(b)
Primary activity



 		(c)
Legal domicile
(state or
foreign
country)
 		(d)
Direct controlling
entity


 		(e)
Type of entity
(C corp, S corp,
or trust)

 		(f)
Share of total income



 		(g)
Share of
end-of-year
assets

 		(h)
Percentage
ownership
(1) MARINA PAPAGAYO HOLDING LIMITED
AKARA BLG 24 DE CASTRO ST
WICKHAMS CAY I, ROAD TOWN, TORTOLA    
VI
REAL ESTATE INVESTMENT/OPERATION VI WINGS OF PAPAGAYO LLC
  		C     70.000 %
(2) PENINSULA PAPAGAYO VENTURES LTD
AKARA BLG 24 DE CASTRO ST
WICKHAMS CAY I, ROAD TOWN, TORTOLA    
VI
REAL ESTATE INVESTMENT/OPERATION VI WINGS OF PAPAGAYO LLC
  		C     70.000 %
(3) HOBART MANAGEMENT LTD
SAFFREY SQUARE SUITE 205 BANK LANE
P.O. BOX N-8188, NASSAU    
BF
REAL ESTATE INVESTMENT/OPERATION BF WINGS OF PAPAGAYO LLC
  		C     70.000 %
(4) PENINSULA PAPAGAYO CLUBS INC
AKARA BLG 24 DE CASTRO ST
WICKHAMS CAY I, ROAD TOWN, TORTOLA    
VI
REAL ESTATE INVESTMENT/OPERATION VI WINGS OF PAPAGAYO LLC
  		C     70.000 %
(5) PENINSULA PAPAGAYO HOLDINGS LIMITED
SAFFREY SQUARE SUITE 205 BANK LANE
P.O. BOX N-8188, NASSAU    
BF
REAL ESTATE INVESTMENT/OPERATION BF WINGS OF PAPAGAYO LLC
  		C     70.000 %
(6) PENINSULA PAPAGAYO GROUP CORP
AKARA BLG 24 DE CASTRO ST
WICKHAMS CAY I, ROAD TOWN, TORTOLA    
VI
REAL ESTATE INVESTMENT/OPERATION VI WINGS OF PAPAGAYO LLC
  		C     70.000 %
(7) DESAROLLO PAPAGAYO CORPORATION
AKARA BLG 24 DE CASTRO ST
WICKHAMS CAY I, ROAD TOWN, TORTOLA    
VI
REAL ESTATE INVESTMENT/OPERATION VI THE KINGS FOUNDATION INVESTMENT PAPAGAYO LLC
  		C     78.910 %
(8) THE KINGS FOUNDATION LTD
514 EARTH CITY EXPRESSWAY SUITE 233
EARTH CITY,MO63045
 REAL ESTATE INVESTMENT/OPERATION MO N/A
 C   22,709,369 100.000 %
(9) CORPORATE OVERSEAS INVESTMENT MANAGEMENT LIMITED
AKARA BLG 24 DE CASTRO ST WICKHA
ROAD TOWN, TORTOLA    
VI
REAL ESTATE INVESTMENT/OPERATION VI THE KINGS FOUNDATION INVESTMENT PAPAGAYO LLC
  		C     100.000 %
(10) PENINSULA PAPAGAYO PROPERTY RENTAL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS PENINSULA PAPAGAYO CLUBS INC
  		C     70.000 %
(11) MARINA PAPAGAYO SA
21ST STREET 6TH AND 8TH AVE 630
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS MARINA PAPAGAYO HOLDING LIMITED
  		C     70.000 %
(12) ECODESARROLLO PAPAGAYO
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS PENINSULA PAPAGAYO VENTURES LTD
  		C     70.000 %
(13) ALTURAS DE PRIETA SA (FKA LA PULPERIA DE NACASCOLO)
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS PENINSULA PAPAGAYO CLUBS INC
  		C     70.000 %
(14) CORPORATION PAPAGAYO NACASCOLO
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS PENINSULA PAPAGAYO GROUP CORP
  		C     70.000 %
(15) RESIDENTIA TURISTICA CASA DEL CELAJE E-IV SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS PENINSULA PAPAGAYO HOLDINGS LIMITED
  		C     70.000 %
(16) SETECIENTOS VEINTE SA
SABANA NORTE
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS CORPORATE OVERSEAS INVESTMENT MANAGEMENT LIMITED
  		C     100.000 %
(17) SOCIETA AGRICOLA AURISTELA SA
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(18) SOCIETA AGRICOLA TRANERO SA
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(19) PAPAGAYO SERVICIOS GENERALES PSG SA
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS CORPORATION PAPAGAYO NACASCOLO
  		C     70.000 %
(20) CMS CONSTRUCTION MANAGEMENT SERVICES
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS CORPORATION PAPAGAYO NACASCOLO
  		C     70.000 %
(21) GRUPO ISTMO DE PAPAGAYO SA
SABANA NORTE
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS DESAROLLO PAPAGAYO CORPORATION
  		C     78.910 %
(22) GUIPIPIA RENT A CAR SA
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS PAPAGAYO SERVICIOS GENERALES PSG SA
  		C     70.000 %
(23) KREMPLE CRC SA
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS PAPAGAYO SERVICIOS GENERALES PSG SA
  		C     70.000 %
(24) TRANSPORTES PENINSULA PAPAGAYO SA (FKA FIVIZZANO)
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS PAPAGAYO SERVICIOS GENERALES PSG SA
  		C     70.000 %
(25) CAFARELLA SA
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS PAPAGAYO SERVICIOS GENERALES PSG SA
  		C     70.000 %
(26) GOLDWATER SA
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS PAPAGAYO SERVICIOS GENERALES PSG SA
  		C     70.000 %
(27) RESIDENCE CLUB STE 6011 I EL TREBOL SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(28) RESIDENCE CLUB STE 6011 II EL ALCORNOQUE SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(29) RESIDENCE CLUB STE 6011 III EL ARBUSTO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(30) RESIDENCE CLUB STE 6011 IV EL ARRAYAN SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(31) RESIDENCE CLUB STE 6011 IX EL CEDRO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(32) RESIDENCE CLUB STE 6011 V LA BALSA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(33) RESIDENCE CLUB STE 6011 VI EL BEJUCO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(34) RESIDENCE CLUB STE 6011 VII LA BROMEILA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(35) RESIDENCE CLUB STE 6011 VIII EL CACTUS SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(36) RESIDENCE CLUB STE 6011 X EL CEIBO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(37) RESIDENCE CLUB STE 6011 XI EL CIPRESILLO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(38) RESIDENCE CLUB STE 6011 XII LA CHIRCA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(39) RESIDENCE CLUB STE 6031 I EL ALCARAVAN SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(40) RESIDENCE CLUB STE 6031 II EL AMPELIS SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(41) RESIDENCE CLUB STE 6031 III LAS ANINMAS SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(42) RESIDENCE CLUB STE 6031 IV EL PATO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(43) RESIDENCE CLUB STE 6031 IX LA CODORNIZ SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(44) RESIDENCE CLUB STE 6031 V EL NARCISO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(45) RESIDENCE CLUB STE 6031 VI LA YERBERA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(46) RESIDENCE CLUB STE 6031 VII EL BUHO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(47) RESIDENCE CLUB STE 6031 VIII LA LECHUZA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(48) RESIDENCE CLUB STE 6031 X EL COLIBRI SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(49) RESIDENCE CLUB STE 6031 XI EL GORRION SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(50) RESIDENCE CLUB STE 6031 XII EL CORMORAN SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(51) RESIDENCE CLUB STE 6111 BAHIAS Y DELFINES SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(52) RESIDENCE CLUB STE 6121 PEZ ANGEL SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(53) RESIDENCE CLUB STE 6131 MAPACHES DEL JOBO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(54) RESIDENCE CLUB STE 6211 OLMOS SECOS SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(55) RESIDENCE CLUB STE 6221 LEON MARINO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(56) RESIDENCE CLUB STE 6311 CARIBLANCO DE SOLEY SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(57) RESIDENCE CLUB STE 6331 I EL CORRELIMO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(58) RESIDENCE CLUB STE 6331 II LA COTINMA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(59) RESIDENCE CLUB STE 6331 III EL CUCLILLO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(60) RESIDENCE CLUB STE 6331 IV EL TIJO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(61) RESIDENCE CLUB STE 6331 IX EL GUARACARA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(62) RESIDENCE CLUB STE 6331 V LA GARZA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(63) RESIDENCE CLUB STE 6331 VI LA GAVIOTA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(64) RESIDENCE CLUB STE 6331 VII LA GOLONDRINA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(65) RESIDENCE CLUB STE 6331 VIII EL HALCON SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(66) RESIDENCE CLUB STE 6331 X EL JACAMAR SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(67) RESIDENCE CLUB STE 6331 XI EL LORO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(68) RESIDENCE CLUB STE 6331 XII LA LAPA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(69) RESIDENCE CLUB STE 6411 OCELOTE DE JUNQUILLAL SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(70) RESIDENCE CLUB STE 6421 TIGRILLO DE MANCHAS SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(71) RESIDENCE CLUB STE 6431 JAGUAR DE MONTANA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(72) RESIDENCE CLUB STE 6611 I EL CARACOL SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(73) RESIDENCE CLUB STE 6611 II EL CORAL SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(74) RESIDENCE CLUB STE 6611 III LA CORREDORA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(75) RESIDENCE CLUB STE 6611 IV EL GEKO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(76) RESIDENCE CLUB STE 6611 IX LA AVISPA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(77) RESIDENCE CLUB STE 6611 V EL BAMBU SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(78) RESIDENCE CLUB STE 6611 VI EL CAIMAN SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(79) RESIDENCE CLUB STE 6611 VII EL PINO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(80) RESIDENCE CLUB STE 6611 VIII LA IGUANA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(81) RESIDENCE CLUB STE 6611 X LA MARIPOSA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(82) RESIDENCE CLUB STE 6611 XI EL ZANCUDO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(83) RESIDENCE CLUB STE 6611 XII LA ABEJA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(84) RESIDENCE CLUB STE 6621 TIBURON MARTILLO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(85) RESIDENCE CLUB STE 6631 I EL HORMIGUERO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(86) RESIDENCE CLUB STE 6631 I EL PEREZOSO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(87) RESIDENCE CLUB STE 6631 I EL PIZOTE SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(88) RESIDENCE CLUB STE 6631 IV EL PUERCOESPIN SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(89) RESIDENCE CLUB STE 6631 IX EL ALACRAN SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(90) RESIDENCE CLUB STE 6631 V EL SERAFIN SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(91) RESIDENCE CLUB STE 6631 VI EL TEPEZCUINTLE SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(92) RESIDENCE CLUB STE 6631 VII EL VENADO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(93) RESIDENCE CLUB STE 6631 VIII EL ZORRILLO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(94) RESIDENCE CLUB STE 6631 X EL JAUL SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(95) RESIDENCE CLUB STE 6631 XI LA CAFETALERA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(96) RESIDENCE CLUB STE 6631 XII EL CAIMAN SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS GRUPO ISTMO DE PAPAGAYO SA
  		C     78.910 %
(97) RESIDENCIA TURISTICA ARBOL DE MANGO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(98) RESIDENCIA TURISTICA CANGREJO PINZA CORTA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(99) RESIDENCIA TURISTICA CARAMBOLO COSTERO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(100) RESIDENCIA TURISTICA CASA DE LA PLANICIE SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(101) RESIDENCIA TURISTICA COLIBRI ALA DE SABLE SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(102) RESIDENCIA TURISTICA CORRIENTES INSULARES SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(103) RESIDENCIA TURISTICA ESTERO PEDREGOSO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(104) RESIDENCIA TURISTICA FIESTAS DEL PALENQUE SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(105) RESIDENCIA TURISTICA HALCONES Y GORRIONES SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(106) RESIDENCIA TURISTICA MANGO Y SAL SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(107) RESIDENCIA TURISTICA MANTA RAYADA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(108) RESIDENCIA TURISTICA OLEAJE CONSTANTE SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(109) RESIDENCIA TURISTICA PAISAJE DE LA SABANA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(110) RESIDENCIA TURISTICA PALMA COCOTERA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(111) RESIDENCIA TURISTICA PELICANOS Y PAVONES SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(112) RESIDENCIA TURISTICA SARGO DE LAS ROCAS SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(113) RESIDENCIA TURISTICA SILBIDOS DEL VIENTO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(114) RESIDENCIA TURISTICA SILUETA DEL CARDUMEN SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(115) RESIDENCIA TURISTICA SOMBRA FRESCA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(116) RESIDENCIA TURISTICA TARDES DE ARENISCA SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(117) RESIDENCIA TURISTICA TRILLO HACIA EL MAR SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(118) RESIDENCIA TURISTICA VENTISCA DEL CABO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(119) RESIDENCIA TURISTICA VERDOR INTENSO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(120) RESIDENCIA TURISTICA VIENTO DE BAJAMAR SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(121) RESIDENCIAS GALLO PLUMAS LARGAS SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(122) RESIDENCIAS LORA PICO LARGO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(123) RESIDENCIAS PELICANO PESCADOR SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(124) RESIDENCIAS SENAS DEL MALINCHE SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(125) RESIDENCIAS TUCANCILLO DE CABUYAL SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(126) RESIDENCIAS VERDE CANARIO SRL
ESCAZU TERRAFORTE BLDG 3RD FLOOR
SAN JOSE    
CS
REAL ESTATE INVESTMENT/OPERATION CS ECODESARROLLO PAPAGAYO
  		C     70.000 %
(127) EBR HOLDING LIMITED
QUEENS HIGHWAY FARMERS HILL
EMERALD BAY    
BF
REAL ESTATE INVESTMENT/OPERATION BF THE KINGS FOUNDATION LTD
  		C     50.710 %
(128) EBR MARINA LIMITED
QUEENS HIGHWAY FARMERS HILL
EMERALD BAY    
BF
REAL ESTATE INVESTMENT/OPERATION BF EBR HOLDING LIMITED
  		C     50.710 %
(129) EMERALD BAY WATER COMPANY LIMITED
QUEENS HIGHWAY FARMERS HILL
EMERALD BAY    
BF
REAL ESTATE INVESTMENT/OPERATION BF EBR HOLDING LIMITED
  		C     50.710 %
(130) THE KINGS FOUNDATION INVESTMENT CAYMAN II LTD
514 EARTH CITY EXPRESSWAY SUITE 233
EARTH CITY,MO63045
 REAL ESTATE INVESTMENT/OPERATION CJ N/A
 C   25,103,353 100.000 %
Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 3
Part V
Transactions With Related Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35, 35A, or 36.)
Note. Complete line 1 if any entity is listed in Parts II, III or IV.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest (ii) annuities (iii) royalties (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .
1a
Yes
 
b Gift, grant, or capital contribution to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1b
Yes
 
c Gift, grant, or capital contribution from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1c
 
No
d Loans or loan guarantees to or for other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1d
Yes
 
e Loans or loan guarantees by other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1e
 
No
f Sale of assets to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1f
 
No
g Purchase of assets from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1g
 
No
h Exchange of assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1h
 
No
i Lease of facilities, equipment, or other assets to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1i
 
No
j Lease of facilities, equipment, or other assets from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .
1j
 
No
k Performance of services or membership or fundraising solicitations for other organization(s) . . . . . . . . . . . . . . . . . . . . . .
1k
 
No
l Performance of services or membership or fundraising solicitations by other organization(s) . . . . . . . . . . . . . . . . . . . . . .
1l
 
No
m Sharing of facilities, equipment, mailing lists, or other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1m
 
No
n Sharing of paid employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1n
 
No
o Reimbursement paid to other organization for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1o
 
No
p Reimbursement paid by other organization for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1p
 
No
q Other transfer of cash or property to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1q
Yes
 
r Other transfer of cash or property from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1r
Yes
 
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of other organization 		(b)
Transaction
type(a-r) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) HOBART MANAGEMENT LTD

 D 51,920,129 SEE PART VII
(2) MARINA PAPAGAYO SA

 D 28,920,846 SEE PART VII
(3) HOBART MANAGEMENT LTD

 A 5,698,215 SEE PART VII
(4) MARINA PAPAGAYO SA

 A 4,950,108 SEE PART VII
(5) PENINSULA PAPAGAYO VENTURES LTD

 D 16,368,389 SEE PART VII
(6) PENINSULA PAPAGAYO VENTURES LTD

 A 1,313,537 SEE PART VII
(7) DESARROLLO PAPAGAYO CORPORATION

 D 3,000,000 SEE PART VII
(8) DESARROLLO PAPAGAYO CORPORATION

 A 262,614 SEE PART VII
(9) ECODESARROLLO PAPAGAYO SA

 D 56,253,569 SEE PART VII
(10) THE KINGS FUND HOLDING COMPANY LLC

 D 24,318,200 SEE PART VII
(11) WISCONSIN LUTHERAN COLLEGE

 D 48,850,000 SEE PART VII
Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 37.)
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Are all
partners
section
501(c)(3)
organizations? 		(e)
Share of
end-of-year
assets 		(f)
Disproprtionate allocations? 		(g)
Code V—UBI
amount in box
20 of Schedule K-1
(Form 1065) 		(h)
General or
managing
partner?
Yes No Yes No Yes No






























Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 5
Part VII
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule R (see instructions).
Identifier Return Reference Explanation
    THE SHARE OF TOTAL INCOME AND END OF YEAR ASSETS FOR CERTAIN ENTITIES ARE NOT INCLUDED BECAUSE THEY ARE NOT INCLUDED IN PART X OF FORM 990. FOR ENTITIES WHICH REQUIRE FORM 5471 OR FORM 8858 REPORTING SEE ATTACHED FORMS FOR ENTITIES' ACTIVITY INCLUDING END OF YEAR ASSETS AND TOTAL INCOME.
HOBART MANAGEMENT PART V, LINE 2, COLUMN (D) - TRANSACTIONS WITH RELATED ORGANIZATIONS LOANS AMOUNTS ARE BASED ON LOAN DOCUMENTS NEGOTIATED AT ARMS-LENGTH. ACCRUED INTEREST BASED ON RATES NEGOTIATED AT ARMS-LENGTH CONSISTENT WITH MARKET RATE.
MARINA PAPAGAYO, S.A. PART V, LINE 2, COLUMN (D) - TRANSACTIONS WITH RELATED ORGANIZATIONS LOANS AMOUNTS ARE BASED ON LOAN DOCUMENTS NEGOTIATED AT ARMS-LENGTH. ACCRUED INTEREST BASED ON RATES NEGOTIATED AT ARMS-LENGTH CONSISTENT WITH MARKET RATE.
PENINSULA PAPAGAYO VENTURES, LTD. PART V, LINE 2, COLUMN (D) - TRANSACTIONS WITH RELATED ORGANIZATIONS LOANS AMOUNTS ARE BASED ON LOAN DOCUMENTS NEGOTIATED AT ARMS-LENGTH. ACCRUED INTEREST BASED ON RATES NEGOTIATED AT ARMS-LENGTH CONSISTENT WITH MARKET RATE.
DESARROLLO PAPAGAYO CORPORATION PART V, LINE 2, COLUMN (D) - TRANSACTIONS WITH RELATED ORGANIZATIONS LOANS AMOUNTS ARE BASED ON LOAN DOCUMENTS NEGOTIATED AT ARMS-LENGTH. ACCRUED INTEREST BASED ON RATES NEGOTIATED AT ARMS-LENGTH CONSISTENT WITH MARKET RATE.
ECODESARROLLO PAPAGAYO, S.A. PART V, LINE 2, COLUMN (D) - TRANSACTIONS WITH RELATED ORGANIZATIONS LOAN GUARANTEE BASED ON AGREEMENT NEGOTIATED AT ARMS-LENGTH.
THE KINGS FUND HOLDING COMPANY, LLC PART V, LINE 2, COLUMN (D) - TRANSACTIONS WITH RELATED ORGANIZATIONS LOAN GUARANTEE BASED ON AGREEMENT NEGOTIATED AT ARMS-LENGTH.
WISCONSIN LUTHERAN COLLEGE PART V, LINE 2, COLUMN (D) - TRANSACTIONS WITH RELATED ORGANIZATIONS LOAN GUARANTEE BASED ON AGREEMENT NEGOTIATED AT ARMS-LENGTH.
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