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 09-01-2011 , and ending 08-31-2012
G
Check all that apply:
Name of foundation
WALTER HENRY FREYGANG FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)2794 FORESTVIEW DRIVE   Room/suite
City or town, state, and ZIP code
AKRON, OH44333
A Employer identification number

22-6027952
B Telephone number (see page 10 of the instructions)

(330) 796-7073
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$8,145,077J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 11,642 11,642  
4 Dividends and interest from securities...... 146,123 146,123  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -284,565
b Gross sales price for all assets on line 6a 504,514
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 92    
12 Total. Add lines 1 through 11........ -126,708 157,765  
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 5,808 1,443    
c Other professional fees (attach schedule).... Click to see attachment 34,464 34,464    
17 Interest............... 38,470 38,382    
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 4,454      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 83,196 74,289   0
25 Contributions, gifts, grants paid........ 380,256 380,256
26 Total expenses and disbursements. Add lines 24 and 25 463,452 74,289   380,256
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -590,160
b Net investment income (if negative, enter -0-) 83,476
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2011)
Form 990-PF (2011)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 884,995 237,492 237,492
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 385,736 Click to see attachment347,354 360,414
b Investments—corporate stock (attach schedule)........ 5,464,696 Click to see attachment5,200,421 7,092,998
c Investments—corporate bonds (attach schedule)........ 90,000 Click to see attachment450,000 454,173
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,825,427 6,235,267 8,145,077
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 6,825,427 6,235,267
30 Total net assets or fund balances (see page 17 of the
instructions).................... 6,825,427 6,235,267
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 6,825,427 6,235,267
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 6,825,427
2 Enter amount from Part I, line 27a..................... 2 -590,160
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 6,235,267
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 6,235,267
Form 990-PF (2011)
Form 990-PF (2011)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a MEDTRONIC INC P 2008-05-01 2011-11-22
b ISHRS MSCI EAFE ETF P 2008-05-01 2011-11-22
c DISCOVER BANK 4.75 062512 P 2008-06-17 2012-06-25
d BANK OF AMERICA CORP P 2008-05-01 2012-07-17
e BANK OF AMERICA CORP P 2008-10-30 2012-07-17
BANK OF AMERICA CORP P 2008-05-01 2012-07-17
GARINER W W INC P 2008-05-01 2012-07-17
(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 120,285   171,778 -51,493
b 153,174   241,794 -88,620
c 90,000   90,000  
d 19,587   145,287 -125,700
e 23,430   67,766 -44,336
3,898   28,965 -25,067
94,140   43,489 50,651
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       -51,493
b       -88,620
c        
d       -125,700
e       -44,336
      -25,067
      50,651
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 -284,565
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 348,420 7,948,656 0.043834
2009 329,470 7,318,095 0.045021
2008 412,931 6,475,956 0.063764
2007 418,704 8,778,536 0.047696
2006 412,001 8,709,230 0.047306
2 Total of line 1, column (d) ...................... 2 0.247621
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 0.049524
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 7,767,076
5 Multiply line 4 by line 3....................... 5 384,657
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 835
7 Add lines 5 and 6......................... 7 385,492
8 Enter qualifying distributions from Part XII, line 4.............. 8 380,256
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 1,670
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 1,670
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 1,670
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 3,200
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,200
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 1,530
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet1,530 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)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 .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletSCHLABIG ASSOCIATES LTD Telephone no.bullet (330) 253-4424
    Located atbullet525 WOLF LEDGES PARKWAYAKRONOH ZIP+4bullet44311
    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
    ANTJE FREYGANGClick to see attachment TRUSTEE
    1.00     		0 0 1,092
    7070 OREGON AVENUE N W
    WASHINGTON,DC20015
    DALE G FREYGANGClick to see attachment PRES/TREAS
    3.00     		0 0 0
    2794 FOREST VIEW DR
    AKRON,OH44333
    DAVID B FREYGANGClick to see attachment TRUSTEE
    1.00     		0 0 0
    14637 ISLEVIEW DRIVE
    WINTER GARDEN,FL34787
    JAMES DRENNANClick to see attachment TRUSTEE
    1.00     		0 0 0
    5 BONA COURT
    PARK RIDGE,NJ07656
    KATHERINE A FREYGANGClick to see attachment SECRETARY
    1.00     		0 0 0
    10 PINE STREET
    CORNWALL,CT06753
    MRS JOSEPH A DRENNANClick to see attachment V. PRESIDENT
    1.00     		0 0 0
    4 DRAKE DRIVE
    HILLSDALE,NJ07642
    W NICHOLAS F FREYGANGClick to see attachment TRUSTEE
    1.00     		0 0 0
    PO BOX 1229
    CEDAR CREST,NM87008
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    7,519,628
    b
    Average of monthly cash balances.......................
    1b
    365,728
    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
    7,885,356
    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
    7,885,356
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    118,280
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,767,076
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    388,354
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    388,354
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    1,670
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,670
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    386,684
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    386,684
    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
    386,684
    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
    380,256
    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
    380,256
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    380,256
    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 7 386,684
    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....... 14,023
    d From 2009.......  
    e From 2010.......  
    fTotal of lines 3a through e......... 14,023
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 380,256
    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..... 380,256
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2011. 6,428 6,428
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 7,595
    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 ......     		7,595
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008.... 7,595
    c Excess from 2009....  
    d Excess from 2010....  
    e Excess from 2011....  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2011, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2011 (b) 2010 (c) 2009 (d) 2008
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ALZHEIMERS ASSOC
    ALZHEIMERS ASSOC
    225 N MICHIGAN AVE
    225 N MICHIGAN AVE
    CHICAGO,IL606017633     		NONE PUBLIC CHARI MEDICAL RESEARCH 2,000
    AMERICAN PRINTING HOUSE F
    AMERICAN PRINTING HOUSE FOR THE BLIND
    PO BOX 6085
    PO BOX 6085
    LOUISVILLE,KY402060085     		NONE PUBLIC CHARI BRAILLE & RECORDED EDITIONS 7,180
    BONNIE BRAE
    BONNIE BRAE
    3415 VALLEY ROAD
    3415 VALLEY ROAD
    LIBERTY CORNER,NJ079380825     		NONE PUBLIC CHARI TROUBLED YOUTH FACILITY 4,850
    CANINE COMPANIONS FOR IND
    CANINE COMPANIONS FOR INDEPENDENCE
    PO BOX 446
    PO BOX 446
    SANTA ROSA,CA954020446     		NONE PUBLIC CHARI GENERAL SUPPORT 5,290
    CHILDREN'S HOSPTIAL
    CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON
    1 PERKINS SQUARE
    1 PERKINS SQUARE
    AKRON,OH443081062     		NONE PUBLIC CHARI GENERAL SUPPORT 16,960
    CHILDREN'S MEDIA PROJECT
    CHILDREN'S MEDIA PROJECT
    21 ACADEMY STREET
    21 ACADEMY STREET
    POUGHKEEPSIE,NY12601     		NONE PUBLIC CHARI EDUCATION 3,510
    CONNECTICUT COLLEGE
    CONNECTICUT COLLEGE
    270 MOHEGAN AVENUE
    270 MOHEGAN AVENUE
    NEW LONDON,CT063204196     		NONE PUBLIC CHARI HIGHER EDUCATION 5,060
    EAST MOUNTAIN HIGH SCHOOL
    EAST MOUNTAIN HIGH SCHOOL
    PO BOX 1852
    PO BOX 1852
    SANDIA PARK,NM87047     		NONE PUBLIC CHARI SUPPORT EDUCATION 5,050
    FOUNDATION FOR NEW JERSEY
    FOUNDATION FOR NJ PUBLIC BROADCASTING INC
    25 SOUTH STOCKTON S
    25 SOUTH STOCKTON ST
    TRENTON,NJ08625     		NONE PUBLIC CHARI SUPPORT PUBLIC BROADCASTING 4,790
    GUIDE DOG FOUNDATION FOR
    GUIDE DOG FOUNDATION FOR BLIND
    371 EAST JERICHO TU
    371 EAST JERICHO TURNPIKE
    SMITHTOWN,NY11787     		NONE PUBLIC CHARI GUIDE DOGS FOR VISUALLY IMPAIRED 8,480
    HABITAT FOR HUMANITY - SU
    HABITAT FOR HUMANITY OF SUMMIT COUNTY
    2301 ROMIG ROAD
    2301 ROMIG ROAD
    AKRON,OH44320     		NONE PUBLIC CHARI GENERAL SUPPORT 2,000
    HABITAT FOR HUMANITY INTERNATIONAL
    HABITAT FOR HUMANITY INTERNATIONAL
    121 HABITAT STREET
    121 HABITAT STREET
    AMERICUS,GA317093498     		NONE PUBLIC CHARI GENERAL SUPPORT 4,240
    HATHAWAY BROWN SCHOOL
    HATHAWAY BROWN SCHOOL
    19600 NORTH PARK BL
    19600 NORTH PARK BLVD
    SHAKER HEIGHTS,OH44122     		NONE PUBLIC CHARI EDUCATION 5,050
    HENRY H KESSLER FOUNDATI
    HENRY H KESSLER FOUNDATION
    1199 PLEASANT VALLE
    1199 PLEASANT VALLEY WAY
    WEST ORANGE,NJ07052     		NONE PUBLIC CHARI REHAB HOSP/RESEARCH 11,290
    HILLSDALE HELPING HILLSDA
    HILLSDALE HELPING HILLSDALE
    101 WASHINGTON AVE
    101 WASHINGTON AVE
    WESTWOOD,NJ07675     		NONE PUBLIC CHARI GENERAL SUPPORT 2,180
    INST FOR CANCER RESEARCH
    INST FOR CANCER RESEARCH FOX CHASE CHAPTER
    7701 BURHOLME AVE
    7701 BURHOLME AVE
    PHILADELPHIA,PA19111     		NONE PUBLIC CHARI CANCER RESEARCH 7,960
    INT'L CTR FOR DISABLED
    INT'L CENTER FOR THE DISABLED
    340 EAST 24TH STREE
    340 EAST 24TH STREET
    NEW YORK,NY10010     		NONE PUBLIC CHARI GENERAL SUPPORT 10,760
    JOHNS HOPKINS INSTITUTION
    JOHN HOPKINS INSTITUIONS THE OFFICE OF ANNUAL GIV
    3400 NORTH CHARLES
    3400 NORTH CHARLES STREET
    BALTIMORE,MD212182696     		NONE PUBLIC CHARI MEDICAL RESEARCH 5,650
    LEUKEMIA & LYMPHOMA SOCIETY
    LEUKEMIA & LYMPHOMA SOCIETY
    6033 WEST CENTURY BLVD
    6033 WEST CENTURY BLVD
    LOS ANGELES,CA90045     		NONE PUBLIC CHARI MEDICAL RESEARCH 2,000
    MANZANO DAY SCHOOL
    MANZANO DAY SCHOOL
    1801 CENTRAL AVE NW
    1801 CENTRAL AVE NW
    ALBUQUERQUE,NM87104     		NONE PUBLIC CHARI DAY CARE FOR NEEDY 2,910
    MCDONOGH SCHOOL
    MCDONOGH SCHOOL
    8600 MCDONOGH ROAD
    8600 MCDONOGH ROAD
    OWINGS MILLS,MD21117     		NONE PUBLIC CHARI SUPPORT PRIVATE SCHOOL 5,290
    MOBILE MEALS INC
    MOBILE MEALS INC
    1063 S BORADWAY
    1063 S BROADWAY
    AKRON,OH44311     		NONE PUBLIC CHARI MEAL SV FOR NEEDY 14,130
    MOUNT HOLYOKE COLLEGE
    MOUNT HOLYOKE COLLEGE
    50 COLLEGE STREET
    50 COLLEGE STREET
    SOUTH HADLEY,MA010751496     		NONE PUBLIC CHARI GENERAL FUND 10,510
    NAT'L INST FOR PEOPLE WD
    NAT'L INST FOR PEOPLE W DISABILITIES
    460 WEST 34TH STREE
    460 WEST 34TH STREET
    NEW YORK,NY100012382     		NONE PUBLIC CHARI GENERAL SUPPORT 1,210
    NATIONAL PUBLIC RADIO
    NATIONAL PUBLIC RADIO
    635 MASSACHUSETTS A
    635 MASSACHUSETTS AVE NW
    WASHINGTON,DC200013753     		NONE PUBLIC CHARI PUBLIC RADIO 6,250
    OUR LADY OF MERCY
    OUR LADY OF MERCY CATHOLIC CHURCH
    2 FREMONT AVENUE
    2 FREMONT AVENUE
    PARK RIDGE,NJ07656     		NONE PUBLIC CHARI GENERAL SUPPORT 2,580
    PASCACK MENTAL HEALTH CEN
    PASCACK MENTAL HEALTH CENTER
    PO BOX 126
    PO BOX 126
    PARK RIDGE,NJ07656     		NONE PUBLIC CHARI GENERAL SUPPORT 4,550
    PASCACK VALLEY MEALS ON W
    PASCACK VALLEY MEALS ON WHEELS
    OLD HOOK ROAD
    OLD HOOK ROAD
    WESTWOOD,NJ07675     		NONE PUBLIC CHARI GENERAL SUPPORT 14,130
    PERKINS SCHOOL FOR THE BL
    PERKINS SCHOOL FOR BLIND
    175 NORTH BEACON ST
    175 NORTH BEACON ST
    WATERTOWN,MA021722790     		NONE PUBLIC CHARI ASSISTANCE TO BLIND STUDENTS 4,510
    PHILADELPHIA FUTURES
    PHILADEPHIA FUTURES
    215 SOUTH BROAD STREET
    215 SOUTH BROAD STREET
    PHILADELPHIA,PA19107     		NONE PUBLIC CHARI GENERAL SUPPORT 3,770
    PHILLIPS ACADEMY
    PHILLIPS ACADEMY
    180 MAIN STREET
    180 MAIN STREET
    ANDOVER,MA018104161     		NONE PUBLIC CHARI EDUCATION 3,270
    QUINNIPIAC UNIVERSITY
    QUINNIPIAC UNIVERSITY
    MOUNT CARMEL AVE
    MOUNT CARMEL AVE
    HAMDEN,CT065180569     		NONE PUBLIC CHARI EDUCATION 5,340
    RECORDING FOR THE BLIND O
    RECORDING FOR BLIND OF METROPOLITAN WASHINGTON
    5225 WISCONSIN AVE
    5225 WISCONSIN AVE NW SU
    WASHINGTON,DC20015     		NONE PUBLIC CHARI BRAILLE & RECORDED EDITIONS 5,660
    REED COLLEGE
    REED COLLEGE
    3203 SE WOODCOCK
    3203 SE WOODCOCK
    PORTLAND,OR97202     		NONE PUBLIC CHARI GENERAL SUPPORT 3,270
    RHODE ISLAND SCHOOL OF DE
    RHODE ISLAND SCHOOL OF DESIGN
    2 COLLEGE STREET
    2 COLLEGE STREET
    PROVIDENCE,RI029032786     		NONE PUBLIC CHARI EDUCATION 10,760
    ROLLINS COLLEGE
    ROLLINS COLLEGE
    1000 HOLT AVENUE
    1000 HOLT AVENUE
    WINTER PARK,FL32789     		NONE PUBLIC CHARI EDUCATION 10,670
    SHRINERS HOSPITALS FOR CH
    SHRINERS HOSPITALS FOR CHILDREN
    PO BOX 31356
    PO BOX 31356
    TAMPA,FL336313356     		NONE PUBLIC CHARI GENERAL SUPPORT 14,130
    SPENCE-CHAPIN SERVICES TO
    SPENCE-CHAPIN SV TO FAMILIES & CHILDREN
    6 EAST 94TH STREET
    6 EAST 94TH STREET
    NEW YORK,NY10128     		NONE PUBLIC CHARI GENERAL SUPPORT 10,080
    STEVENS INSTITUTE OF TECH
    STEVENS INSTITUTE OF TECHNOLOGY
    CASTLE POINT
    CASTLE POINT
    HOBOKEN,NJ07030     		NONE PUBLIC CHARI SUPPORT HIGHER EDUCATION 31,646
    THIRTEEN WNET
    THIRTEEN / WNET
    450 WEST 33RD STREE
    450 WEST 33RD STREET
    NEW YORK,NY10001     		NONE PUBLIC CHARI SUPPORT PUBLIC BROADCASTING 10,180
    UNITED WAY OF BERGEN COUN
    UNITED WAY OF BERGEN COUNTY
    690 KINDERKAMACK RO
    690 KINDERKAMACK ROAD
    ORADEL,NJ076499972     		NONE PUBLIC CHARI GENERAL SUPPORT 4,210
    UNITED WAY OF SUMMIT CO
    UNITED WAY OF SUMMIT COUNTY
    90 NORTH PROSPECT S
    90 NORTH PROSPECT ST
    AKRON,OH443091260     		NONE PUBLIC CHARI GENERAL SUPPORT 4,210
    UNIVERSITY OF MARYLAND
    UNIVERSITY OF MARYLAND
    2101 TURNER BUILDIN
    2101 TURNER BUILDING
    COLLEGE PARK,MD20742     		NONE PUBLIC CHARI EDUCATION 5,650
    UNIVERSITY OF NEW MEXICO
    UNIVERSITY OF NM FDN INC
    CAMPUS GIRARD NE
    CAMPUS GIRARD NE
    ALBUQUERQUE,NM87131     		NONE PUBLIC CHARI GENERAL SUPPORT 9,690
    VALLEY HOME HEALTH CARE
    VALLEY HOME HEALTH CARE INC
    15 ESSEX ROAD
    15 ESSEX ROAD
    PARAMUS,NJ07652     		NONE PUBLIC CHARI GENERAL SUPPORT 6,730
    VISITING NURSE SERVICE AN
    VISITING NURSE SV & HOSPICE DEVELOP FUND
    3358 RIDGEWOOD ROAD
    3358 RIDGEWOOD ROAD
    AKRON,OH44333     		NONE PUBLIC CHARI GENERAL SUPPORT 5,940
    WASHINGTON INTERNATIONAL
    WASHINTON INT'L SCHOOL
    3100 MACOMB ST NW
    3100 MACOMB ST NW
    WASHINGTON,DC200083324     		NONE PUBLIC CHARI SUPPORT EDUCATION 4,670
    WESTERN RESERVE PUBLIC
    WESTERN RESERVE PUBLIC MEDIA
    PO BOX 5191
    PO BOX 5191
    KENT,OH442405191     		NONE PUBLIC CHARI GENERAL SUPPORT 7,260
    WGBH EDUCATIONAL FUND
    WGBH EDUCATIONAL FOUNDATION
    ONE GUEST ST
    ONE GUEST ST
    BOSTON,MA02135     		NONE PUBLIC CHARI PUBLIC BROADCASTING 7,260
    WORCESTER POLYTECHNIC INS
    WORCESTER POLYTECHNIC INSTITUTE
    100 INSTITUTE ROAD
    100 INSTITUTE ROAD
    WORCESTER,MA016092280     		NONE PUBLIC CHARI EDUCATION 10,760
    CAMP ACORN INC
    CAMP ACORN INC
    PO BOX 1389
    PO BOX 1389
    PARAMUS,NJ07653     		NONE PUBLIC CHARI GENERAL SUPPORT 2,180
    SANDIA PREPARATORY SCHOOL
    SANDIA PREPARATORY SCHOOL
    532 OSUNA ROAD NE
    532 OSUNA ROAD NE
    ALBUQUERQUE,NM87113     		NONE PUBLIC CHARI GENERAL SUPPORT 2,180
    KENT STATE UNIVERSITY FOUNDATION
    KENT STATE UNIVERSITY FOUNDATION
    1935 E MAIN STREET
    1935 E MAIN STREET
    KENT,OH44224     		NONE PUBLIC CHARI PUBLIC BROADCASTING 5,200
    RUTGERS UNIVERSITY
    RUTGERS UNIVERSITY
    604 ALLISON ROAD
    604 ALLISON ROAD
    PISCATAWAY,NJ088548082     		NONE PUBLIC CHARI GENERAL SUPPORT 5,650
    NYU LANGONE MEDICA CENTER
    NYU LANGONE MEDICAL CENTER
    550 FIRST AVENUE HCC-3D
    550 FIRST AVENUE HCC-3D
    NEW YORK,NY10016     		NONE PUBLIC CHARI GENERAL SUPPORT 2,180
    PREVENT BLINDNESS AMERICA
    PREVENT BLINDNESS AMERICA
    211 WEST WACKER DRIVE
    211 WEST WACKER DRIVE
    CHICAGO,IL60606     		NONE PUBLIC CHARI GENERAL SUPPORT 7,340
    Total .................................bullet 3a 380,256
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 11,642  
    4 Dividends and interest from securities....     14 146,123  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 -284,565  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aMISCELLANEOUS INCOME         92
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   -126,800 92
    13Total. Add line 12, columns (b), (d), and (e)..................
    13-126,708
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2011 AccountingFeesSchedule
    Name:
    WALTER HENRY FREYGANG FOUNDATION
    EIN: 22-6027952
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 5,808 1,443    

    TY 2011 CompensationExplanation
    Name:
    WALTER HENRY FREYGANG FOUNDATION
    EIN: 22-6027952
    Person Name Explanation
    ANTJE FREYGANG  
    DALE G FREYGANG  
    DAVID B FREYGANG  
    JAMES DRENNAN  
    KATHERINE A FREYGANG  
    MRS JOSEPH A DRENNAN  
    W NICHOLAS F FREYGANG  

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    WALTER HENRY FREYGANG FOUNDATION
    EIN: 22-6027952
    Name of Bond End of Year Book Value End of Year Fair Market Value
    DISCOVER BK DE US 4.75% 06/25/12    
    BEAL BANK SSB .250% 09/12/12 100,000 100,000
    DISCOVER BK DE US 7.00% 04/04/14 50,000 50,032
    GOLDMAN SACHS 1.4% 10/16/14 100,000 100,680
    GE MONEY BK 1.65% 09/30/15 100,000 101,551
    GOLDMAN SACHS 2.0% 10/12/16 100,000 101,910

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    WALTER HENRY FREYGANG FOUNDATION
    EIN: 22-6027952
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 3300SHS 176,187 216,282
    ADOBE SYSTEMS INC 3800SHS 101,479 118,826
    ADOBE SYSTEMS INC 1200SHS 36,740 37,524
    AMERICAN EXPRESS 6000SHS 62,208 349,800
    AMGEN INC 2500SHS 130,938 209,800
    APPLIED MATERIAL 9000SHS 170,915 105,210
    BANK OF AMERICA 6008SHS    
    BHP BILLITION LTD 2800SHS 223,247 184,240
    CHEVRON 3000SHS 37,357 336,480
    CHUBB CORP 1600SHS 100,302 118,224
    CISCO SYS INC. 7500SHS 157,595 143,100
    CISCO SYS INC. 2500SHS 39,832 47,700
    CVS CAREMARK 5000SHS 195,768 227,750
    DEUTSCHE BANK CONTINGENT 1000 SHS 24,337 25,070
    EMC CORP MASS 7000SHS 104,858 184,030
    EXPRESS SCRIPTS INC 5200SHS 181,218 325,624
    EXXON MOBILE CORP 4000SHS 21,973 349,200
    FLUOR CORP NEW 3200SHS 121,587 164,800
    GENERAL CABLE CORP 6000SHS 197,696 162,540
    GENERAL ELECTRIC COMPANY 5500SHS 180,235 113,905
    GENL MILLS 5000SHS 182,245 196,650
    GRAINGER WW INC 1500SHS 130,468 308,940
    HEWLETT PACKARD CO 3900SHS 164,646 65,832
    HEWLETT PACKARD CO 1100SHS 39,091 18,568
    ILLINOIS TOOL WORKS 3200SHS 168,163 189,728
    INTEL CORP 8500SHS 289,106 211,055
    ISHARES MSCI EAFE 3200 SHS    
    ISHARES TR MSCI 148,847 157,120
    INTL BUSINESS MACH 1000SHS 105,685 194,850
    JOHNSON & JOHNSON 3000SHS 179,879 202,290
    KINDER MORGAN INC DE 4300SHS 151,189 153,811
    LOWES COMPANIES 7000SHS 164,989 199,360
    MCDONALDS CORP 3300SHS 108,822 295,317
    MEDTRONIC 3500SHS    
    ORACLE CORP 8000 SHS 169,835 253,200
    PEPSICO 2200SHS 135,498 159,346
    PFIZER INC 8800 SHS 129,792 209,968
    PROCTOR & GAMBLE 2700SHS 181,332 181,413
    SCHLUMBERGER LTD 2200SHS 165,033 159,236
    STRYKER CORP 2400SHS 110,431 127,824
    UNTD TECHNOLOGIES 2500 SHS 88,206 199,625
    WALMART STORES INC 2600 SHS 122,692 188,760

    TY 2011 InvestmentsGovtObligationsSch
    Name:
    WALTER HENRY FREYGANG FOUNDATION
    EIN: 22-6027952
    US Government Securities - End of Year Book Value:

    347,354
    US Government Securities - End of Year Fair Market Value:

    360,414
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2011 OtherIncomeSchedule2
    Name:
    WALTER HENRY FREYGANG FOUNDATION
    EIN: 22-6027952
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANEOUS INCOME 92    


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    WALTER HENRY FREYGANG FOUNDATION
    EIN: 22-6027952
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DIRECTOR'S EXPENSES 1,092 1,092    
    INVESTMENT FEES 33,372 33,372    


    TY 2011 TaxesSchedule
    Name:
    WALTER HENRY FREYGANG FOUNDATION
    EIN: 22-6027952
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 4,254      
    STATE FILING FEES 200