Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2011
For calendar year 2011, or tax year beginning 01-01-2011 , and ending 12-31-2011
G
Check all that apply:
Name of foundation
SAUL SCHOTTENSTEIN FOUNDATION C
C/O ARSHOT INVESTMENT CORPORATION

Number and street (or P.O. box number if mail is not delivered to street address)107 S HIGH ST - 3RD FLOOR   Room/suite
City or town, state, and ZIP code
COLUMBUS, OH43215
A Employer identification number

27-0167574
B Telephone number (see page 10 of the instructions)

(614) 463-9730
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$6,170,671J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,800
2 Check bullet
3 Interest on savings and temporary cash investments 16,420 16,420 16,420
4 Dividends and interest from securities...... 23,372 23,372 23,372
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 80,432
b Gross sales price for all assets on line 6a 217,928
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 621 621 621
12 Total. Add lines 1 through 11........ 123,645 40,413 40,413
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,789 447 447 1,342
c Other professional fees (attach schedule).... Click to see attachment 62,458 15,958 15,958 46,500
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 677 477 477 200
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 611 611 611  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 65,535 17,493 17,493 48,042
25 Contributions, gifts, grants paid........ 318,259 318,259
26 Total expenses and disbursements. Add lines 24 and 25 383,794 17,493 17,493 366,301
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -260,149
b Net investment income (if negative, enter -0-) 22,920
c Adjusted net income (if negative, enter -0-)... 22,920
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2011)
Form 990-PF (2011)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 1,460,662 5,181,230 5,181,230
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet116,728
Less: allowance for doubtful accounts bullet   85,132 Click to see attachment116,728 116,728
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 3,464,591    
b Investments—corporate stock (attach schedule)........ 297,115 Click to see attachment367,101 539,836
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 332,538 Click to see attachment332,877 332,877
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,640,038 5,997,936 6,170,671
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)   Click to see attachment62,000
23 Total liabilities (add lines 17 through 22)..........   62,000
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 5,640,038 5,935,939
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 5,640,038 5,935,939
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 5,640,038 5,997,939
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 5,640,038
2 Enter amount from Part I, line 27a..................... 2 -260,149
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 556,050
4 Add lines 1, 2, and 3.......................... 4 5,935,939
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 5,935,939
Form 990-PF (2011)
Form 990-PF (2011)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2010 322,571 6,122,423 0.052687
2009 260,212 5,953,086 0.043710
2008      
2007      
2006      
2 Total of line 1, column (d) ...................... 2 0.096397
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.048199
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 5,888,450
5 Multiply line 4 by line 3....................... 5 283,817
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 229
7 Add lines 5 and 6......................... 7 284,046
8 Enter qualifying distributions from Part XII, line 4.............. 8 366,301
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2011)
Form 990-PF (2011)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 229
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 229
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 229
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a  
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 825
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 825
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 596
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet596 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
 
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletOH
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletARSHOT@ARSHOT.COM
    14
    The books are in care ofbulletTHOMAS H SCHOTTENSTEIN TRUSTEE Telephone no.bullet (614) 463-9730
    Located atbullet107 S HIGH ST - 3RD FLOOR3RD FLOORCOLUMBUSOH ZIP+4bullet43215
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
     
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2011?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2011.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    THOMAS H SCHOTTENSTEINClick to see attachment PRESIDENT
    25.00     		0 0 0
    C/O ARSHOT INVESTMENT CORPORATION
    107 S HIGH ST - 3RD FLOOR
    COLUMBUS,OH43215
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    THOMAS H SCHOTTENSTEIN TRUSTEEClick to see attachment MANAGEMENT 62,000
    107 S HIGH ST - 3RD FLOOR
    COLUMBUS,OH43215
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,657,176
    b
    Average of monthly cash balances.......................
    1b
    3,320,946
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,978,122
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    5,978,122
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    89,672
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,888,450
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    294,423
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    294,423
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    229
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    229
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    294,194
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    294,194
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    294,194
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    366,301
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    366,301
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
    229
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    366,072
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2010     		(c)
    2010     		(d)
    2011
    1 Distributable amount for 2011 from Part XI, line 7 294,194
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006.......  
    b From 2007.......  
    c From 2008.......  
    d From 2009....... 160,864
    e From 2010....... 17,398
    fTotal of lines 3a through e......... 178,262
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 366,301
    a Applied to 2010, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2011 distributable amount..... 294,194
    e Remaining amount distributed out of corpus 72,107
    5 Excess distributions carryover applied to 2011.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 250,369
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2011. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		250,369
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008....  
    c Excess from 2009.... 160,864
    d Excess from 2010.... 17,398
    e Excess from 2011.... 72,107
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2011, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2011 (b) 2010 (c) 2009 (d) 2008
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    THOMAS H SCHOTTENSTEIN TRUSTEE
    107 S HIGH ST - 3RD FLOOR
    COLUMBUS,OH43215
    (614) 463-9730
    bThe form in which applications should be submitted and information and materials they should include:
    COPY OF FEDERAL TAX EXEMPTION LETTER SHOWING THAT THE REQUESTING ORGANIZATION IS EXEMPT AS A IRC SECTION 501(C)3 ORGANIZATION. LETTER DETAILING PROPOSED USE OF ANY FUNDS AWARDED. UPON APPROVEL OF THE GRANT REQUEST: THE ORGANIZATION WILL AGREE THAT ANY FUNDS NOT USED FOR THE INTENDED PURPOSE OF THE GRANT WILL BE RETURNED. THE ORGANIZATION WILL PROVIDE A FOLLOW UP LETTER AND/OR REPORT FOR THE PERIOD(S) IN WHICH THE GRANT WAS EXPENDED.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE APPLICATION FORMAT AND REQUIRED CONTENTS COMMENTS.
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    COLUMBUS COMMUNITY KOLLEL
    2501 E MAIN ST
    COLUMBUS,OH43209     		NONE COMPLETED GENERAL OPERATIONS 24,256
    TORAH SCHOOLS FOR ISRAEL
    40 EXCHANGE PL
    NEW YORK CITY,NY10005     		NONE COMPLETED GENERAL OPERATIONS 2,500
    CONGREGATION KHAL YERIM
    1771 S TAYLOR RD
    CLEVELAND HEIGHTS,OH44118     		NONE COMPLETED GENERAL OPERATIONS 5,492
    CENTRAL COMMITTEE
    KNESSETH ISRAEL
    5014 16 AVE PMB203
    BROOKLYN,NY11204     		NONE COMPLETED GENERAL OPERATIONS 1,250
    UNITED LUBAVITCHER
    YESHIVOTH
    841-853 OCEAN PKWY
    BROOKLYN,NY11230     		NONE COMPLETED GENERAL OPERATIONS 3,000
    MOSDOS OHR HATORAH
    1508 WARRENSVILLE CNT RD
    CLEVELAND,OH44121     		NONE COMPLETED GENERAL OPEARTIONS 1,500
    BRIT YOSEF YITZCHAK OF
    AMERICA INC
    2901 STERLING RD
    SUITE 203
    FT LAUDERDALE,FL33312     		NONE COMPLETED GENERAL OPERATIONS 9,880
    CHABAD OF LONG ISLAND
    CITY
    47-31 VERNON BLVD
    LONG ISLAND CITY,NY11101     		NONE COMPLETED GENERAL OPERATIONS 5,400
    TORAS CHESED INC
    421 SIXTH ST
    LAKEWOOD,NJ08701     		NONE COMPLETED GENERAL OPERATIONS 4,400
    CONGREGATION OSEH
    TZEDOKO VOCHESED
    4310 6TH AVE
    BROOKLYN,NY11204     		NONE COMPLETED GENERAL OPERATIONS 462
    YESHIVA OHR ELCHONON
    CHABAD
    7215 WARING AVE
    LOS ANGELES,CA90046     		NONE COMPLETED GENERAL OPERATIONS 6,100
    CONGREGATION ZICHRON AVOT
    2119 79TH ST
    BROOKLYN,NY11214     		NONE COMPLETED GENERAL OPERATIONS 19,800
    COLEL CHABAD
    806 EASTERN PKWY
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 10,440
    CHABAD OF WASHINGTON
    HEIGHTS
    50 OVERLOOK TERR
    SUITE BBCC
    NEW YORK CITY,NY10033     		NONE COMPLETED GENERAL OPERATIONS 3,600
    MANHATTEN HIGH SCHOOL
    FOR GIRLS
    LENOX HILL STATION
    P O BOX 1966
    NEW YORK CITY,NY10021     		NONE COMPLETED GENERAL OPERATIONS 1,800
    AGUDATH ISRAEL OF
    ILLINOIS
    3542 WEST PETERSON AVE
    CHICAGO,IL60659     		NONE COMPLETED GENERAL OPERATIONS 2,700
    EDUCATIONAL INSTITUTE
    OHOLEI TORAH
    667 EASTERN PKWY
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 1,000
    K'HAL YEREIM
    1771 S TAYLOR RD
    CLEVELAND HEIGHTS,OH44118     		NONE COMPLETED GENERAL OPERATIONS 180
    NEVE YERUSHALAYIM COLLEGE
    1 BEIT YITZCHOK ST
    POB 43016 HAR NOF
    JERUSALEM,ISRAEL  
    IS     		NONE COMPLETED GENERAL OPERATIONS 90
    AMERICAN FRIENDS OF LEVUSH
    MALCHUS
    1860 OCEAN PKWY
    SUITE 1-H
    BROOKLYN,NY11223     		NONE COMPLETED GENERAL OPERATIONS 108
    PEYLIM LEV L'ACHIM
    1034 E 12TH ST
    BROOKLYN,NY11230     		NONE COMPLETED GENERAL OPERATIONS 1,800
    AGUDATH ISRAEL
    OF BALTIMORE
    6200 PARK HEIGHTS AVE
    BALTIMORE,MD21215     		NONE COMPLETED GENERAL OPERATIONS 360
    AMERICAN FRIENDS OF
    KINDNESS & CHARITY
    405 AVENUE F
    BROOKLYN,NY11218     		NONE COMPLETED GENERAL OPERATIONS 720
    AMERICAN FRIENDS OF
    MICHKANE MEIR INC
    1274 49TH ST
    BROOKLYN,NY112193011     		NONE COMPLETED GENERAL OPERATIONS 558
    AMERICAN FRIENDS OF
    YAD ELIEZER
    1102 EAST 26TH ST
    BROOKLYN,NY11210     		NONE COMPLETED GENERAL OPERATIONS 1,800
    AMERICAN FRIENDS OF
    YAD L'ACHIM
    579 5TH AVE
    NEW YORK CITY,NY10017     		NONE COMPLETED GENERAL OPERATIONS 540
    CHABAD OF SOUTH ORLANDO
    7508 UNIVERSAL BLVD
    ORLANDO,FL32819     		NONE COMPLETED GENERAL OPERATIONS 1,500
    CHABAD IN THE HILLS
    1016 CORY AVE
    BEVERLY HILLS,CA90069     		NONE COMPLETED GENERAL OPERATIONS 3,600
    CHOFETZ CHAIM HERITAGE
    FOUNDATION
    361 SPOOK ROCK ROAD
    SUFFERN,NY10901     		NONE COMPLETED GENERAL OPERATIONS 750
    CHOFETZ CHAIM YESHIVA
    82 HIGHVIEW RTOAD
    SUFFERN,NY10901     		NONE COMPLETED GENERAL OPERATIONS 306
    GREAT CHARITY CHAYE OLAM
    5 BEEKMAN 423
    NEW YORK CITY,NY10038     		NONE COMPLETED GENERAL OPERATIONS 360
    GUARD YOUR EYES CORP
    3918 FALLSTAFF RD
    BALTIMORE,MD21215     		NONE COMPLETED GENERAL OPERATIONS 17,200
    HEIHAL HATALMUD
    247 EAST BROADWAY
    NEW YORK CITY,NY10002     		NONE COMPLETED GENERAL OPERATIONS 234
    INSTITUTE FOR DAYANIM
    C/O MR M GREENES
    25625 SOUTHFIELD RD107
    SOUTHFIELD,MI48075     		NONE COMPLETED GENERAL OPERATIONS 1,800
    JIMY - JERUSALEM
    INSTITUTE MACKON YERUSHALAIM
    HERZL BLVD 14 HEAD OFFIC
    PO BOX 100
    JERUSALEM,ISRAEL91000
    IS     		NONE COMPLETED GENERAL OPERATIONS 5,400
    MIKVAH SOCIETY
    1223 COLLEGE AVE
    COLUMBUS,OH43209     		NONE COMPLETED GENERAL OPERATIONS 504
    OHEL MIRIAM
    1574 45TH STREET
    BROOKLYN,NY112191628     		NONE COMPLETED GENERAL OPERATIONS 126
    RABBINICAL COLLEGE
    OF AMERICA
    226 SUSSEX AVE
    PO BOX 1996
    MORRISTOWN,NJ079621996     		NONE COMPLETED GENERAL OPERATIONS 5,400
    TEP - TZEDAKA
    ENHANCEMENT PROJECT
    25274 SOUTHWOOD DRIVE
    SOUTHFIELD,MI48075     		NONE COMPLETED GENERAL OPERATIONS 3,876
    TZEDAKAH V'CHESED
    236 WEST 23RD ST
    NEW YORK CITY,NY10011     		NONE COMPLETED GENERAL OPERATIONS 54
    US FRIENDS OF YAD EZAH
    PO BOX 7199
    JERUSALEM,ISRAEL91071
    IS     		NONE COMPLETED GENERAL OPERATIONS 1,000
    UNITED TALMUDICAL
    ACADEMY OF KIRYAS
    PO BOX 477
    MONROE,NY10950     		NONE COMPLETED GENERAL OPERATIONS 2,800
    WEST COAST VA AD
    HACHESED
    7200 BEVERLY BLVD
    LOS ANGELES,CA900362537     		NONE COMPLETED GENERAL OPERATIONS 216
    YAD CHESED
    PO BOX 35916
    BRIGHTON,MA02135     		NONE COMPLETED GENERAL OPERATIONS 180
    YAD EZRA
    22850 11 MILE RD
    BERKLEY,MI480723039     		NONE COMPLETED GENERAL OPERATIONS 3,017
    YAGDIL TORAH
    383 KINGSTON AVE
    ROOM 188
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 270
    YESHIVA BETH MOSHE
    930 HICKORY ST
    SCRANTON,PA18505     		NONE COMPLETED GENERAL OPERATIONS 630
    AHACAS CHESSED GROUP
    C/O PINCHAS HOROWITZ
    1255 43TH ST - APT2A
    BROOKLYN,NY11219     		NONE COMPLETED GENERAL OPERATIONS 180
    AISH HATORAH
    313 WEST 83RD ST
    NEW YORK CITY,NY10024     		NONE COMPLETED GENERAL OPERATIONS 108
    ALEPH INSTITUTE
    9540 COLLINS AVE
    SURFSIDE,FL33154     		NONE COMPLETED GENERAL OPERATIONS 7,200
    AMERICAN FRIENDS OF
    MAYANOT
    450 WEST 33RD ST
    11TH FLOOR
    NEW YORK CITY,NY10001     		NONE COMPLETED GENERAL OPERATIONS 10,000
    AMERICAN YEDIDIM
    120 ALAN COURT
    LAKEWOOD,NJ08701     		NONE COMPLETED GENERAL OPERATIONS 125
    ANSHE MAMAD
    222 LIVINGSTON AVE
    NEW BRUNSWICK,NJ08901     		NONE COMPLETED GENERAL OPERATIONS 380
    BAIS MENACHEM
    1005 NE 172ND TERRACE
    NORTH MIAMI BEACH,FL33162     		NONE COMPLETED GENERAL OPERATIONS 180
    BEIS MIDRASH L'NOSHIM UBANOS
    1274 49TH ST
    BROOKLYN,NY11210     		NONE COMPLETED GENERAL OPERATIONS 750
    BNOS MENACHEM SCHOOL FOR GIRLS
    739 EAST NEW YORK AVE
    BROOKLYN,NY11203     		NONE COMPLETED GENERAL OPERATIONS 2,500
    CHABAD LUBAVITCH OF STAMFORD AND
    SOUTHERN CONNECTICUT
    18 CEIL ROAD
    TRUMBULL,CT066113419     		NONE COMPLETED GENERAL OPERATIONS 570
    CHABAD LUBAVICH OF NORTHERN VA
    3939 PRINCE WILLIAM DR
    FAIRFAX,VA22031     		NONE COMPLETED GENERAL OPERATIONS 10,000
    CHABAD OF PROSPECT HEIGHTS AND
    FORT GREENE
    340 STERLING PL
    BROOKLYN,NY11238     		NONE COMPLETED GENERAL OPERATIONS 3,600
    CHABADORG
    770 EASTERN PARKWAY
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 500
    CHAYENU
    1526 UNION ST
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 2,110
    CHESED L'AVROHOM
    6550 N TROY AVE
    CHICAGO,IL60659     		NONE COMPLETED GENERAL OPERATIONS 34,200
    CHEVRAS AHAVAS ISRAEL
    313 W 83RD ST
    NEW YORK CITY,NY10024     		NONE COMPLETED GENERAL OPERATIONS 2,500
    CHICAGO CHESED FUND
    7045 N RIDGEWAY
    LINCOLNWOOD,IL60712     		NONE COMPLETED GENERAL OPERATIONS 1,000
    CHILD LIFE SOCIETY
    1347 43RD ST
    BROOKLYN,NY11219     		NONE COMPLETED GENERAL OPERATIONS 900
    CINCINNATI HEBREW DAY SCHOOL
    2222 LOSANTIVILLE AVE
    CINCINNATI,OH45237     		NONE COMPLETED GENERAL OPERATIONS 600
    COLUMBUS TORAH ACADEMY
    181 NOE BIXBT RD
    COLUMBUS,OH43213     		NONE COMPLETED GENERAL OPERATIONS 510
    CONGREGATION BENEI YAKOV
    1742 E 7TH ST
    BROOKLYN,NY11223     		NONE COMPLETED GENERAL OPERATIONS 2,000
    CONGREGATION BINYAN YERUSHALAIM
    770 EASTERN PARKWAY
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 54
    CONGREGATION LEVI YITZCHOK
    365 N LA BREA AVE
    LOS ANGELES,CA90048     		NONE COMPLETED GENERAL OPERATIONS 252
    CONGREGATION AHAVAS SHOLOM
    2568 E BROAD ST
    COLUMBUS,OH43209     		NONE COMPLETED GENERAL OPERATIONS 33,932
    CONGREGATION BETH HATFILAH
    1437 49TH ST
    BROOKLYN,NY11219     		NONE COMPLETED GENERAL OPERATIONS 2,180
    DETROIT TEACHERS SEMINARY
    17100 W TEN MILE RD
    SOUTHFIELD,MI48075     		NONE COMPLETED GENERAL OPERATIONS 180
    DIASPORA YESHIVA TORAS ISRAEL
    662 LEFFERTS AVE
    BROOKLYN,NY11203     		NONE COMPLETED GENERAL OPERATIONS 250
    EZER YOLDOT
    4310 16TH ST
    BROOKLYN,NY11204     		NONE COMPLETED GENERAL OPERATIONS 1,800
    EZRAT ISRAEL INC
    806 EASTERN PARKWAY
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 3,618
    FRIENDS OF BIKUR CHOLIM EZRAT
    ACHIM INC
    5014 16TH AVE 283
    BROOKLYN,NY11204     		NONE COMPLETED GENERAL OPERATIONS 5,760
    FRIENDS OF HATZUAH DAKOM
    1271 45TH ST
    BROOKLYN,NY11219     		NONE COMPLETED GENERAL OPERATIONS 180
    GALPERIN EMERGENCY FUND
    CHABAD OF SOUTHERN OHIO
    1636 SUMMIT RD
    CINCINNATI,OH45287     		NONE COMPLETED GENERAL OPERATIONS 900
    HATZOLAH DAROM
    1271 45TH ST
    BROOKLYN,NY11219     		NONE COMPLETED GENERAL OPERATIONS 180
    KAHAL BAIS YITZCHOK D'SPINKA
    188-190-192 KEAP ST
    BROOKLYN,NY11211     		NONE COMPLETED GENERAL OPERATIONS 554
    KEREN ACHIM
    18 ORCHARD HILL DR
    MONEY,NY10952     		NONE COMPLETED GENERAL OPERATIONS 72
    KEREN PEVLOS
    816 EASTERN PARKWAY
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 5,000
    KNESSET YEHUDA
    1218 E 13TH ST
    BROOKLYN,NY11230     		NONE COMPLETED GENERAL OPERATIONS 500
    LEWV MALKA INC
    C/O M ROSENFELD
    5308 13TH AVE PMB 161
    BROOKLYN,NY11214     		NONE COMPLETED GENERAL OPERATIONS 252
    MERKAZ HATORAH YACHEL YISROEL
    1301 47TH ST
    BROOKLYN,NY11219     		NONE COMPLETED GENERAL OPERATIONS 180
    MOSDOT BAAL HASADEH
    95 DIVISION AVE
    BROOKLYN,NY11211     		NONE COMPLETED GENERAL OPERATIONS 90
    NORTH AMERICAN FRIENDS OF
    ELKAPETZ INSTITUTION
    5300 N BRAESWOOD
    SUITE 370
    HOUSTON,TX770963317     		NONE COMPLETED GENERAL OPERATIONS 125
    NALLIE'S CATWALK FOR KIDS INC
    8177 PALMER RD
    REYNOLDSBURG,OH43068     		NONE COMPLETED GENERAL OPERATIONS 100
    OHOLEI TORAH
    667 EASTERN PARKWAY
    BROOKLYN,NY11213     		NONE COMPLETED GENERAL OPERATIONS 6,280
    OHR SHALOM VCHESED JERUSALEM
    1160 47TH ST
    BROOKLYN,NY11219     		NONE COMPLETED GENERAL OPERATIONS 1,090
    ORA - THE ORGANIZATION FOR THE
    RESOLUTION OF AGUNOT
    551 W 181 ST
    NEW YORK CITY,NY10033     		NONE COMPLETED GENERAL OPERATIONS 1,000
    SCHOTTENSTEIN CHABAD HOUSE
    6220 E DUBLIN-GRANVILLE
    NEW ALBANY,OH43054     		NONE COMPLETED GENERAL OPERATIONS 3,600
    SHOMREI EMUNIM
    6221 GREENSPRINGS AVE
    BALTIMORE,MD21209     		NONE COMPLETED GENERAL OPERATIONS 180
    THE SHUL
    9540 COLLINS AVE
    SURFSIDE,FL33154     		NONE COMPLETED GENERAL OPERATION 1,800
    TIKVAH LAYELED FOUNDATION
    587 5TH AVE
    BASEMENT
    NEW YORK CITY,NY100171921     		NONE COMPLETED GENERAL OPERATIONS 90
    TORAS CHACHOM CHARITABLE FOUNDATION
    1419 47TH ST
    BROOKLYN,NY11219     		NONE COMPLETED GENERAL OPERATIONS 126
    UNITED JEWISH CHILDREN'S FUND
    445 MAST HOPE PLANK RD
    LACKAWAXEN,PA18435     		NONE COMPLETED GENERAL OPERATIONS 750
    UNITED NATIONS WATCH
    AMERICAN FRIEND OF UN WATCH
    THE JACOB BLAUSTEIN BUILD
    165 E 56TH ST
    NEW YORK CITY,NY10022     		NONE COMPLETED GENERAL OPERATIONS 250
    WEZ CHARITY FUND
    236 W 23RD ST
    NEW YORK CITY,NY10011     		NONE COMPLETED GENERAL OPERATIONS 180
    YAD ELIEZER (AMERICAN FRIENDS OF
    YAD ELIEZER
    1102 E 26TH ST
    BROOKLYN,NY11210     		NONE COMPLETED GENERAL OPERATIONS 3,600
    YWSHIVA BAIS YEHUDAH
    PO BOX 2044
    SOUTHFIELD,MI48037     		NONE COMPLETED GENERAL OPERATIONS 1,000
    YESHIVA GEDOLAH RABBINICAL
    INSTITUTE OF NEW ENDLAND
    292 NORTON STREET
    NEW HAVEN,CT06511     		NONE COMPLETED GENERAL OPERATIONS 260
    YESHIVA GEDOLAH ATERAS
    MORDECHAI OF DETROIT
    24600 GREENFIELD RD
    OAK PARK,MI48237     		NONE COMPLETED GENERAL OPERATIONS 1,000
    YESHIVA HEICHAL HATORAH
    3332 RICHMOND AVE
    STATEN ISLAND,NY10312     		NONE COMPLETED GENERAL OPERATIONS 72
    YESHIVA MEKOR HATORAH
    1761 E 7TH ST
    BROOKLYN,NY11223     		NONE COMPLETED GENERAL OPERATIONS 1,800
    YESHIVA MINCHAS ELUZAR
    1417 49TH ST
    BROOKLYN,NY11219     		NONE COMPLETED GENERAL OPERATIONS 150
    Total .................................bullet 3a 318,259
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments         16,420
    4 Dividends and interest from securities....         23,372
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory         80,432
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aAMERICAN EXPRESS REBATE         621
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..     120,845
    13Total. Add line 12, columns (b), (d), and (e)..................
    13120,845
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    3 REINVESTED FOR CURRENT AND FUTURE CHARITABLE GIVING.
    4 REINVESTED FOR CURRENT AND FUTURE CHARITABLE GIVING.
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2011 AccountingFeesSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167574
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LANDAKER & ASSOCIATRES, INC.- CP 1,789 447 447 1,342

    TY 2011 CompensationExplanation
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167574
    Person Name Explanation
    THOMAS H SCHOTTENSTEIN  

    TY 2011 ContractorCompensationExpln
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167574
    Contractor Explanation
    THOMAS H SCHOTTENSTEIN TRUSTEE TRUSTEE FEE

    TY 2011 ExplnOfNonFilingWithAGStmt
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167574
    Statement:
    NOT REQUIRED - VERIFICATION OF FORM 990PF FILING IS ALL THAT IS REQUIRED BY STATE OF OHIO.

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

    TY 2011 GainLossSaleOtherAssetsSch
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167574
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    82.941 SHARES INVESCO BAL RISK FD 2011-09 PURCHASE 2011-11   1,006 987     19  
    10836.104 SHARES FEDERATED PRUDENT 2011-09 PURCHASE 2011-12   4,744 5,481     -737  
    84 SHARES PROSHARES SHORT FIN. FD 2011-09 PURCHASE 2011-11   3,281 3,744     -463  
    29 SHARES PRO SHARES SHORT QQQ 2011-09 PURCHASE 2011-10   1,019 976     43  
    28 SHARES PRO SHARES SHORT QQQ 2011-09 PURCHASE 2011-10   984 943     41  
    3 SHARES PRO SHARES SHORT QQQ 2011-09 PURCHASE 2011-10   105 101     4  
    100 SHARES PRO SHARES SHORT RUSSELL 2011-09 PURCHASE 2011-11   3,141 3,525     -384  
    5000 SHARES RETAIL VENTURES 2011-02 PURCHASE 2011-04   93,382 59,525     33,857  
    2175 SHARES DSW, INC. 2011-02 PURCHASE 2011-07   110,266 59,714     50,552  
    PDG MANUFACTURING 2010-07 PURCHASE 2011-01     2,500     -2,500  

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167574
    Name of Stock End of Year Book Value End of Year Fair Market Value
    6,559 SHS CONOPHILLIPS 301,405 477,954
    VARIOUS CORP. (9) COMMON STOCKS 11,207 11,782
    VARIOUS ETF'S (8) 26,800 24,565
    VARIOUS MUTUAL FUNDS (5) 27,689 25,535

    TY 2011 InvestmentsOtherSchedule2
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167574
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PDG MANUFACTURING, LLC AT COST    
    LNL, LLC AT COST 8,000 8,000
    SFD INVESTMENTS, LLC AT COST 5,982 5,982
    MODIFIED SINGLE PREMIUM UNIVERSAL      
    LIFE POLICIES AT COST 318,895 318,895

    TY 2011 OtherExpensesSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167574
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    BANK CHARGES 611 611 611  


    TY 2011 OtherIncomeSchedule2
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167574
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    AMERICAN EXPRESS REBATE 621 621 621


    TY 2011 OtherIncreasesSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167574
    Description Amount
    ASSETS CONTRIBUTED BY GRANTOR 556,050


    TY 2011 OtherLiabilitiesSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167574
    Description Beginning of Year - Book Value End of Year - Book Value
    TRUSTEE FEE PAYABLE   62,000


    TY 2011 OtherNotesLoansRcvblShortSch2
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167574
    Name of 501(c)(3) Organization Balance Due
    COLUMBUS TORAH SCHOOLS INC
          		96,400
    DR MIRVIS LOAN
          		10,328
    CONG AHAVAS SHOLOM LOAN
          		8,000
    AHUVA MORRIS
          		2,000


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167574
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRUSTEE FEE 62,000 15,500 15,500 46,500
    MORGAN STANLEY - AGENCY FEES 359 359 359  
    OTHER ADMINISTRATIVE FEES 99 99 99  


    TY 2011 TaxesSchedule
    Name:
    SAUL SCHOTTENSTEIN FOUNDATION C
    C/O ARSHOT INVESTMENT CORPORATION
    EIN: 27-0167574
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OHIO CHARITIBLE REGISTRATION FEE 200     200
    FOREIGN TAXES ON DIVIDENDS 3 3 3  
    FEDERAL EXCISE TAX 474 474 474