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
WINLEY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)2303 SALT POINT TURNPIKE   Room/suite
City or town, state, and ZIP code
CLINTON CORNERS, NY12514
A Employer identification number

52-1230146
B Telephone number (see page 10 of the instructions)

(845) 266-3065
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$18,211,863J 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) 419,261
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 621,629 621,629  
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 518,790
b Gross sales price for all assets on line 6a 12,341,406
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 683    
12 Total. Add lines 1 through 11........ 1,560,363 621,629  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 35,004 17,502    
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 6,000 5,400    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions)        
19 Depreciation (attach schedule) and depletion... Click to see attachment 30    
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 69,889 69,139    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 110,923 92,041   0
25 Contributions, gifts, grants paid........ 1,360,000 1,360,000
26 Total expenses and disbursements. Add lines 24 and 25 1,470,923 92,041   1,360,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 89,440
b Net investment income (if negative, enter -0-) 529,588
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............... 5,814 4,791 4,791
2 Savings and temporary cash investments.......... 358,444 479,184 479,184
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) 8,363,244 Click to see attachment8,151,715 8,406,218
b Investments—corporate stock (attach schedule)........ 6,414,873 Click to see attachment6,257,939 7,632,632
c Investments—corporate bonds (attach schedule)........ 1,407,618 Click to see attachment1,745,684 1,689,038
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 bullet460
Less: accumulated depreciation (attach schedule) bullet317 23 Click to see attachment143  
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 16,550,016 16,639,456 18,211,863
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 16,550,016 16,639,456
30 Total net assets or fund balances (see page 17 of the
instructions).................... 16,550,016 16,639,456
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 16,550,016 16,639,456
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 16,550,016
2 Enter amount from Part I, line 27a..................... 2 89,440
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 16,639,456
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 16,639,456
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 1,355,431 18,770,806 0.072210
2009 1,030,000 17,874,106 0.057625
2008 1,343,536 20,650,033 0.065062
2007 1,401,077 23,325,101 0.060067
2006 1,877,739 22,651,275 0.082898
2 Total of line 1, column (d) ...................... 2 0.337862
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 0.067572
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 18,880,737
5 Multiply line 4 by line 3....................... 5 1,275,809
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 5,296
7 Add lines 5 and 6......................... 7 1,281,105
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,360,000
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 5,296
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 5,296
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 5,296
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 11,431
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 11,431
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 6,135
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet6,135 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)bulletNY
    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 addressbulletNONE
    14
    The books are in care ofbulletANNA M BARONE Telephone no.bullet (845) 266-3065
    Located atbullet2303 SALT POINT TURNPIKECLINTON CORNERSNY ZIP+4bullet12514
    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
    TATIANA NAGROClick to see attachment PRESIDENT
    3.00     		0 0 0
    56 CEDAR ROAD
    WHITEHOUSE STATION,NJ08889
    EDWARD J WALSH JRClick to see attachment SECRETARY
    3.00     		0 0 0
    100 NORTH VILLAGE AVE STE 35
    ROCKVILLE CENTRE,NY115703712
    HEIDI PRESCOTT
    HUMANE SOCIETY OF THE USClick to see attachment     		VICE PRESIDE
    3.00     		0 0 0
    700 PROFESSIONAL DRIVE STE A
    GAITHERSBURG,VA20041
    CATHY LISS
    ANIMAL WELFARE INSTITUTEClick to see attachment     		VICE PRESIDE
    3.00     		0 0 0
    900 PENNSYLVANIA AVENUE SE
    WASHINGTON,DC20003
    ANNA M BARONEClick to see attachment TREASURER
    20.00     		35,004 0 0
    2303 SALT POINT TURNPIKE
    CLINTON CORNERS,NY12514
    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
    18,460,103
    b
    Average of monthly cash balances.......................
    1b
    708,015
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    143
    d
    Total (add lines 1a, b, and c).........................
    1d
    19,168,261
    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
    19,168,261
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    287,524
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    18,880,737
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    944,037
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    944,037
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    5,296
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,296
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    938,741
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    938,741
    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
    938,741
    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
    1,360,000
    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
    1,360,000
    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
    5,296
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,354,704
    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 7 938,741
    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....... 530,215
    b From 2007....... 274,668
    c From 2008....... 323,962
    d From 2009....... 146,381
    e From 2010....... 426,029
    fTotal of lines 3a through e......... 1,701,255
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 1,360,000
    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..... 938,741
    e Remaining amount distributed out of corpus 421,259
    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 2,122,514
    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) .............     		530,215
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		1,592,299
    10 Analysis of line 9:
    a Excess from 2007.... 274,668
    b Excess from 2008.... 323,962
    c Excess from 2009.... 146,381
    d Excess from 2010.... 426,029
    e Excess from 2011.... 421,259
    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:
    ANNA M BARONE
    WINLEY FOUNDATION
    2303 SALT POINT TURNPIKE
    CLINTON CORNERS,NY12514
    (845) 266-3065
    bThe form in which applications should be submitted and information and materials they should include:
    TYPEWRITTEN REQUEST TO INCLUDE NAME OF APPLICANT, ADDRESS, TELEPHONE , CONTACT PERSON, REASON FOR REQUEST, CHARITABLE PURPOSE OF ORGANIZATION.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    HUMANE SOCIETY US
    2100 L STREET NW
    WASHINGTON,DC20037     		    FOR BENEFIT OF ANIMALS 350,000
    ANIMAL WELFARE INSTITUTE
    900 PENNSYLVANIA AVE SE
    WASHINGTON,DC20003     		    FOR BENEFIT OF ANIMALS 350,000
    INTERNATIONAL PRIMATE PRO
    PO BOX 766
    SUMMERVILLE,SC29484     		    FOR BENEFIT OF ANIMALS 300,000
    HEART
    PO BOX 738
    MAMARONECK,NY10543     		    FOR BENEFIT OF ANIMALS 40,000
    FRIENDS OF WASHOE
    400 E UNIVERSITY WAY
    ELLENSBURG,WA989267573     		    FOR BENEFIT OF ANIMALS 43,780
    GLOBAL FED ANIMAL SANCTUARIES
    PO BOX 32294
    WASHINGTON,DC20007     		    FOR BENEFIT OF ANIMALS 60,000
    SPECIES SURVIAL NETWORK
    2100 L STREET NW
    WASHINGTON,DC20037     		    FOR BENEFIT OF ANIMALS 40,000
    BORN FREE USA
    PO BOX 32160
    WASHINGTON,DC20007     		    FOR BENEFIT OF ANIMALS 75,000
    COMPASSION OVER KILLING
    PO BOX 9773
    WASHINGTON,DC20016     		    FOR BENEFIT OF ANIMALS 30,000
    NYS HUMANE ASSOCIATION
    PO BOX 3068
    KINGSTON,NY12402     		    FOR BENEFIT OF ANIMALS 11,220
    CHIMP HAVEN INC
    13600 CHIMPANZEE PLACE
    KEITHVILLE,LA71047     		    FOR BENEFIT OF ANIMALS 60,000
    Total .................................bullet 3a 1,360,000
    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          
    4 Dividends and interest from securities....     14 621,629  
    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     14 518,790  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aQWEST SEC LITIG CLAIMS     14 377  
    bSEC V BOA CORP FAIR FUND     14 306  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,141,102  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,141,102
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2011
    Name of organization
    WINLEY FOUNDATION
     
    Employer identification number

    52-1230146
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




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

    Page 2
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    WINLEY FOUNDATION
          		Employer identification number

    52-1230146
    Part I
    Contributors (see Instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    TRUST UW AMORY WINTHROP    
    C/O EDWARD J WALSH JR TRUSTEE
    100 NORTH VILLAGE AVE STE 35  
    ROCKVILLE CENTRE, NY   115703712

    		$418,261




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

         
     
       

    		$  




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

         
     
       

    		$  




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

         
     
       

    		$  




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

         
     
       

    		$  




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

         
     
       

    		$  




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

    Page 3
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    WINLEY FOUNDATION
          		Employer identification number

    52-1230146
    Part II
    Noncash Property (see Instructions). Use duplicate copies of Part II if additional space is needed.
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 4
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    WINLEY FOUNDATION
          		Employer identification number

    52-1230146
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
    Use duplicate copies of Part III if additional space is needed
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2011 AccountingFeesSchedule
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 6,000 5,400    

    TY 2011 CompensationExplanation
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Person Name Explanation
    TATIANA NAGRO  
    EDWARD J WALSH JR  
    HEIDI PRESCOTT
    HUMANE SOCIETY OF THE US     		 
    CATHY LISS
    ANIMAL WELFARE INSTITUTE     		 
    ANNA M BARONE  

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

    TY 2011 DepreciationSchedule
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    2 TRESTLE TABLES 2000-01-01 75 75 S/L 7.0000        
    3 METAL FILE CABINETS & DESK CHAIR 2000-01-01 100 100 S/L 7.0000        
    COPIER 2002-05-21 500 500 S/L 5.0000        
    PRINTER 2007-03-28 135 112 200DB 5.0000 15      
    COPIER - BROTHER 2011-10-10 150   200DB 5.0000 15      

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

    TY 2011 GainLossSaleOtherAssetsSch
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    COPIER 2002-05 PURCHASE 2011-10     500       500
    AMERICAN INTL G-900 2011-05 PURCHASE 2011-08   20,547 26,115     -5,568  
    AMERICAN INTL G-600 2011-05 PURCHASE 2011-08   13,698 17,034     -3,336  
    BANK OF AMERICA-11700 2011-02 PURCHASE 2011-08   80,397 172,593     -92,196  
    BB&T CORP-2250 2011-01 PURCHASE 2011-12   57,010 59,299     -2,289  
    BB&T CORP-2450 2011-01 PURCHASE 2011-12   62,077 69,220     -7,143  
    CAREFUSION-300 2010-09 PURCHASE 2011-01   7,852 7,241     611  
    CAREFUSION-1250 2010-09 PURCHASE 2011-01   32,716 30,380     2,336  
    CATERPILLAR INC-500 2010-02 PURCHASE 2011-01   47,667 27,876     19,791  
    FH ARM 1H1428-116982 2010-07 PURCHASE 2011-01   124,937 124,672     265  
    FN 5 257234-177617 2010-07 PURCHASE 2011-07   190,840 189,894     946  
    GAP INC DEL-6000 2010-12 PURCHASE 2011-05   116,044 128,418     -12,374  
    GOLDMAN SACHS-250 2010-07 PURCHASE 2011-01   42,519 37,143     5,376  
    GS 5.25 04/13-200000 2010-05 PURCHASE 2011-01   214,600 207,025     7,575  
    HEWLETT PACKARD-2350 2011-07 PURCHASE 2011-08   54,914 86,699     -31,785  
    ILLINOIS TOOL W-1700 2010-12 PURCHASE 2011-12   78,318 86,196     -7,878  
    ILLINOIS TOOL W-750 2010-12 PURCHASE 2011-12   34,552 38,988     -4,436  
    ILLINOIS TOOL W-2075 2011-05 PURCHASE 2011-12   95,594 120,990     -25,396  
    MORGAN STANLEY-5900 2011-01 PURCHASE 2011-07   137,522 165,510     -27,988  
    PNC FINL CORP-1200 2010-04 PURCHASE 2011-02   76,801 80,677     -3,876  
    PNC FINL CORP-700 2010-06 PURCHASE 2011-02   44,800 41,910     2,890  
    PRUDENTIAL FIN-1350 2011-02 PURCHASE 2011-12   66,948 87,213     -20,265  
    T 2.125 11/14-80000 2010-07 PURCHASE 2011-01   81,525 81,928     -403  
    T 2.125 11/14-100000 2010-08 PURCHASE 2011-01   101,906 103,691     -1,785  
    T 2.125 11/14-185000 2010-08 PURCHASE 2011-01   188,526 192,192     -3,666  
    T 2.125 11/14-15000 2010-09 PURCHASE 2011-01   15,286 15,684     -398  
    T 2.125 11/14-70000 2010-09 PURCHASE 2011-02   70,860 73,189     -2,329  
    T 2.125 11/14-70000 2010-09 PURCHASE 2011-02   71,305 73,189     -1,884  
    T 2.125 11/14-15000 2010-09 PURCHASE 2011-03   15,309 15,684     -375  
    T 2.125 11/14-205000 2010-11 PURCHASE 2011-03   209,227 213,007     -3,780  
    T 2.125 11/14-40000 2010-12 PURCHASE 2011-03   40,825 41,304     -479  
    T 2.125 11/14-115000 2011-01 PURCHASE 2011-03   117,371 117,962     -591  
    T 2.125 11/14-5000 2011-01 PURCHASE 2011-04   5,123 5,129     -6  
    T 2.125 11/14-315000 2011-01 PURCHASE 2011-04   322,778 322,817     -39  
    T 2.125 11/14-140000 2011-01 PURCHASE 2011-04   143,457 143,620     -163  
    T 2.125 11/14-65000 2011-01 PURCHASE 2011-05   67,067 66,681     386  
    T 2.125 11/14-100000 2011-02 PURCHASE 2011-05   103,180 102,012     1,168  
    T 2.125 11/14-235000 2011-03 PURCHASE 2011-05   242,472 239,330     3,142  
    T 2.625 11/20-90000 2010-12 PURCHASE 2011-01   84,282 86,187     -1,905  
    T 2.625 11/20-225000 2010-12 PURCHASE 2011-01   209,744 215,467     -5,723  
    T 2.625 11/20-35000 2010-12 PURCHASE 2011-05   33,484 33,517     -33  
    T 2.625 11/20-130000 2010-12 PURCHASE 2011-05   124,312 124,492     -180  
    T 2.625 11/20-75000 2010-12 PURCHASE 2011-07   73,953 71,822     2,131  
    T 2.625 11/20-40000 2010-12 PURCHASE 2011-08   41,868 38,305     3,563  
    T 2.625 11/20-180000 2010-12 PURCHASE 2011-08   187,030 172,374     14,656  
    T 2.625 11/20-150000 2010-12 PURCHASE 2011-08   156,852 143,645     13,207  
    T 2.625 11/20-235000 2010-12 PURCHASE 2011-11   249,057 225,044     24,013  
    T 2.625 11/20-165000 2011-04 PURCHASE 2011-12   178,053 155,333     22,720  
    T 2.625 11/20-25000 2011-04 PURCHASE 2011-12   26,847 23,535     3,312  
    T 2.625 11/20-50000 2011-07 PURCHASE 2011-12   53,694 48,713     4,981  
    T 2.625 11/20-65000 2011-08 PURCHASE 2011-12   69,802 67,592     2,210  
    T 4 11/15/12-215000 2011-12 PURCHASE 2011-12   222,476 222,520     -44  
    T 4 11/15/12-335000 2011-12 PURCHASE 2011-12   346,630 346,717     -87  
    T 4.5 04/30/12-145000 2011-10 PURCHASE 2011-12   147,590 148,288     -698  
    T 4.5 04/30/12-15000 2011-10 PURCHASE 2011-12   15,245 15,340     -95  
    T 4.5 04/30/12-640000 2011-11 PURCHASE 2011-12   650,458 654,017     -3,559  
    T 4.625 10/11-220000 2011-04 PURCHASE 2011-05   224,307 225,220     -913  
    T 4.625 10/11-60000 2011-04 PURCHASE 2011-07   60,754 61,424     -670  
    T 4.625 10/11-220000 2011-04 PURCHASE 2011-07   222,763 225,045     -2,282  
    T 4.625 10/11-110000 2011-04 PURCHASE 2011-08   111,024 112,523     -1,499  
    T 4.625 10/11-60000 2011-04 PURCHASE 2011-08   60,497 61,376     -879  
    T 4.625 10/11-40000 2011-04 PURCHASE 2011-08   40,331 40,912     -581  
    T 4.625 10/11-125000 2011-04 PURCHASE 2011-08   125,963 127,849     -1,886  
    T 4.625 10/11-100000 2011-05 PURCHASE 2011-08   100,770 102,117     -1,347  
    T ROWE PRICE GR-1200 2010-08 PURCHASE 2011-01   79,505 53,935     25,570  
    WALGREEN CO-500 2010-11 PURCHASE 2011-09   18,624 17,562     1,062  
    FG 4.5 G13844-8347 2010-06 PURCHASE 2011-01   8,347 8,811     -464  
    FG 4.5 G13844-6441 2010-06 PURCHASE 2011-02   6,441 6,799     -358  
    FG 4.5 G13844-4070 2010-06 PURCHASE 2011-03   4,070 4,296     -226  
    FG 4.5 G13844-7209 2010-06 PURCHASE 2011-04   7,209 7,609     -400  
    FG 4.5 G13844-5534 2010-06 PURCHASE 2011-05   5,534 5,842     -308  
    FG 4.5 G13844-6221 2010-06 PURCHASE 2011-06   6,221 6,566     -345  
    FG 5 A91541-2894 2011-08 PURCHASE 2011-10   2,894 3,140     -246  
    FG 5 A91541-3851 2011-08 PURCHASE 2011-11   3,851 4,179     -328  
    FG 5 A91541-4647 2011-08 PURCHASE 2011-12   4,647 5,043     -396  
    FG 5 G13298-15367 2010-07 PURCHASE 2011-01   15,367 16,412     -1,045  
    FG 5 G13298-14227 2010-07 PURCHASE 2011-02   14,227 15,195     -968  
    FG 5 G13298-14839 2010-07 PURCHASE 2011-03   14,839 15,848     -1,009  
    FG 5 G13298-12420 2010-07 PURCHASE 2011-04   12,420 13,265     -845  
    FG 5 G13298-10843 2010-07 PURCHASE 2011-05   10,843 11,581     -738  
    FG 5 G13298-10001 2010-07 PURCHASE 2011-06   10,001 10,681     -680  
    FG 5 G13298-13566 2010-07 PURCHASE 2011-07   13,566 14,489     -923  
    FG 6 G03941-6604 2011-07 PURCHASE 2011-09   6,604 7,252     -648  
    FG 6 G03941-6393 2011-07 PURCHASE 2011-10   6,393 7,021     -628  
    FG 6 G03941-8864 2011-07 PURCHASE 2011-11   8,864 9,734     -870  
    FG 6 G03941-8842 2011-07 PURCHASE 2011-12   8,842 9,710     -868  
    FG 6 G08232-11371 2010-10 PURCHASE 2011-01   11,371 12,285     -914  
    FG 6 G08232-7922 2010-10 PURCHASE 2011-02   7,922 8,559     -637  
    FG 6 G08232-8527 2010-10 PURCHASE 2011-03   8,527 9,212     -685  
    FG 6 G08232-7045 2010-10 PURCHASE 2011-04   7,045 7,611     -566  
    FG 6 G08232-5580 2010-10 PURCHASE 2011-05   5,580 6,028     -448  
    FG 6 G08232-6364 2010-10 PURCHASE 2011-06   6,364 6,875     -511  
    FG 6 G08232-7780 2010-10 PURCHASE 2011-07   7,780 8,405     -625  
    FG 6 G08232-5357 2010-10 PURCHASE 2011-08   5,357 5,788     -431  
    FG 6 G08232-5410 2010-10 PURCHASE 2011-09   5,410 5,845     -435  
    FH ARM 1H1428-2564 2010-07 PURCHASE 2011-01   2,564 2,733     -169  
    FH ARM 1H1428-3538 2010-07 PURCHASE 2011-02   3,538 3,770     -232  
    FN AB2128-2074 2011-01 PURCHASE 2011-02   2,074 2,077     -3  
    FN AB2128-2391 2011-01 PURCHASE 2011-03   2,391 2,394     -3  
    FN AB2128-2948 2011-01 PURCHASE 2011-04   2,948 2,951     -3  
    FN AB2128-2150 2011-01 PURCHASE 2011-05   2,150 2,152     -2  
    FN AB2128-2316 2011-01 PURCHASE 2011-06   2,316 2,319     -3  
    FN AB2128-2765 2011-01 PURCHASE 2011-07   2,765 2,768     -3  
    FN AB2128-2694 2011-01 PURCHASE 2011-08   2,694 2,697     -3  
    FN AB2128-2498 2011-01 PURCHASE 2011-09   2,498 2,501     -3  
    FN AB2128-4274 2011-01 PURCHASE 2011-10   4,274 4,280     -6  
    FN AB2128-4131 2011-01 PURCHASE 2011-11   4,131 4,136     -5  
    FN AB2128-3296 2011-01 PURCHASE 2011-12   3,296 3,300     -4  
    FN AH3373-1904 2011-03 PURCHASE 2011-04   1,904 2,003     -99  
    FN AH3373-1773 2011-03 PURCHASE 2011-05   1,773 1,864     -91  
    FN AH3373-519 2011-03 PURCHASE 2011-06   519 545     -26  
    FN AH3373-568 2011-03 PURCHASE 2011-07   568 598     -30  
    FN AH3373-507 2011-03 PURCHASE 2011-08   507 534     -27  
    FN AH3373-5112 2011-03 PURCHASE 2011-09   5,112 5,376     -264  
    FN AH3373-9849 2011-03 PURCHASE 2011-10   9,849 10,357     -508  
    FN AH3373-5246 2011-03 PURCHASE 2011-11   5,246 5,517     -271  
    FN AH3373-485 2011-03 PURCHASE 2011-12   485 510     -25  
    FN AI2495-3177 2011-05 PURCHASE 2011-07   3,177 3,298     -121  
    FN AI2495-2543 2011-05 PURCHASE 2011-08   2,543 2,640     -97  
    FN AI2495-4502 2011-05 PURCHASE 2011-09   4,502 4,672     -170  
    FN AI2495-3938 2011-05 PURCHASE 2011-10   3,938 4,087     -149  
    FN AI2495-2900 2011-05 PURCHASE 2011-11   2,900 3,010     -110  
    FN AI2495-3433 2011-05 PURCHASE 2011-12   3,433 3,563     -130  
    FN 4.0 AE0276-11087 2010-12 PURCHASE 2011-01   11,087 11,503     -416  
    FN 4.0 AE0276-6704 2010-12 PURCHASE 2011-02   6,704 6,955     -251  
    FN 4.0 AE0276-3683 2010-12 PURCHASE 2011-03   3,683 3,821     -138  
    FN 4.0 AE0276-3925 2010-12 PURCHASE 2011-04   3,925 4,072     -147  
    FN 4.0 AE0276-3874 2010-12 PURCHASE 2011-05   3,874 4,019     -145  
    FN 4.0 AE0276-3598 2010-12 PURCHASE 2011-06   3,598 3,733     -135  
    FN 4.0 AE0276-5950 2010-12 PURCHASE 2011-07   5,950 6,173     -223  
    FN 4.0 AE0276-7749 2010-12 PURCHASE 2011-08   7,749 8,039     -290  
    FN 4.0 AE0276-7175 2010-12 PURCHASE 2011-09   7,175 7,444     -269  
    FN 4.0 AE0276-8173 2010-12 PURCHASE 2011-10   8,173 8,479     -306  
    FN 4.0 AE0276-16586 2010-12 PURCHASE 2011-11   16,587 17,208     -621  
    FN 5 257234-7627 2010-07 PURCHASE 2011-01   7,627 8,155     -528  
    FN 5 257234-8701 2010-07 PURCHASE 2011-02   8,701 9,302     -601  
    FN 5 257234-9999 2010-07 PURCHASE 2011-03   9,999 10,691     -692  
    FN 5 257234-8849 2010-07 PURCHASE 2011-04   8,849 9,460     -611  
    FN 5 257234-8903 2010-07 PURCHASE 2011-05   8,903 9,518     -615  
    FN 5 257234-6573 2010-07 PURCHASE 2011-06   6,573 7,027     -454  
    FN 5 257234-8729 2010-07 PURCHASE 2011-07   8,729 9,332     -603  
    FN 5.5 839035-5380 2010-11 PURCHASE 2011-01   5,380 5,814     -434  
    FN 5.5 839035-19996 2010-11 PURCHASE 2011-02   19,996 21,608     -1,612  
    FN 5.5 839035-6920 2010-11 PURCHASE 2011-03   6,920 7,478     -558  
    FN 5.5 839035-7258 2010-11 PURCHASE 2011-04   7,258 7,843     -585  
    FN 5.5 839035-3343 2010-11 PURCHASE 2011-05   3,343 3,613     -270  
    FN 5.5 839035-3186 2010-11 PURCHASE 2011-06   3,186 3,443     -257  
    FN 5.5 839035-2275 2010-11 PURCHASE 2011-07   2,275 2,458     -183  
    FN 5.5 839035-5802 2010-11 PURCHASE 2011-08   5,802 6,269     -467  
    FN 5.5 839035-2699 2010-11 PURCHASE 2011-09   2,699 2,916     -217  
    FN 5.5 839035-3324 2010-11 PURCHASE 2011-10   3,324 3,592     -268  
    FN 6 911568-2147 2010-04 PURCHASE 2011-01   2,147 2,303     -156  
    FN 6 911568-5737 2010-04 PURCHASE 2011-02   5,737 6,154     -417  
    FN 6 911568-291 2010-04 PURCHASE 2011-03   291 312     -21  
    FN 6 911568-4605 2010-04 PURCHASE 2011-04   4,605 4,940     -335  
    FN VAR AC8887-9075 2011-08 PURCHASE 2011-10   9,075 9,536     -461  
    FN VAR AC8887-8133 2011-08 PURCHASE 2011-11   8,133 8,546     -413  
    FN VAR AC8887-263 2011-08 PURCHASE 2011-12   263 277     -14  
    T 4.625 10/11-340000 2011-05 PURCHASE 2011-10   340,000 347,198     -7,198  
    T 4.625 10/11-135000 2011-05 PURCHASE 2011-10   135,000 137,626     -2,626  
    T 4.625 10/11-95000 2011-06 PURCHASE 2011-10   95,000 96,481     -1,481  
    T 4.625 10/11-140000 2011-07 PURCHASE 2011-10   140,000 141,951     -1,951  
    CATERPILLAR INC-850 2010-01 PURCHASE 2011-01   81,034 47,522     33,512  
    CITY NATL CORP-250 2010-02 PURCHASE 2011-05   13,691 12,346     1,345  
    CITY NATL CORP-800 2010-02 PURCHASE 2011-05   43,811 39,577     4,234  
    CITY NATL CORP-1150 2010-03 PURCHASE 2011-05   62,978 61,049     1,929  
    DOVER CORP-500 2009-09 PURCHASE 2011-05   32,652 19,348     13,304  
    DOVER CORP-1200 2009-09 PURCHASE 2011-05   78,476 46,436     32,040  
    EMERSON ELEC CO-400 2009-08 PURCHASE 2011-05   21,893 14,468     7,425  
    EMERSON ELEC CO-400 2009-08 PURCHASE 2011-05   21,893 14,350     7,543  
    EMERSON ELEC CO-1300 2009-08 PURCHASE 2011-05   71,151 46,804     24,347  
    EMERSON ELEC CO-550 2009-09 PURCHASE 2011-05   30,102 22,055     8,047  
    EMERSON ELEC CO-2350 2009-09 PURCHASE 2011-08   113,790 94,234     19,556  
    FH ARM 1Q0271-382370 2007-08 PURCHASE 2011-04   407,209 382,256     24,953  
    GOLDMAN SACHS-500 2009-02 PURCHASE 2011-01   85,037 44,907     40,130  
    GOLDMAN SACHS-150 2009-10 PURCHASE 2011-01   25,511 25,620     -109  
    INTL BUS MACH-700 1998-02 PURCHASE 2011-07   127,659 36,925     90,734  
    INTL BUS MACH-50 1998-02 PURCHASE 2011-07   9,119 2,638     6,481  
    INTL BUS MACH-500 1998-02 PURCHASE 2011-10   93,954 26,375     67,579  
    MATTEL INC-4000 2010-01 PURCHASE 2011-03   99,922 81,928     17,994  
    MATTEL INC-1000 2010-03 PURCHASE 2011-03   24,980 22,822     2,158  
    MEDTRONIC INC-2500 2008-10 PURCHASE 2011-10   81,184 112,315     -31,131  
    MEDTRONIC INC-1000 2008-12 PURCHASE 2011-10   32,473 30,364     2,109  
    MEDTRONIC INC-2000 2009-01 PURCHASE 2011-10   64,947 63,531     1,416  
    MICROSOFT CORP-1000 2005-06 PURCHASE 2011-03   25,489 25,085     404  
    MICROSOFT CORP-2600 2006-01 PURCHASE 2011-03   66,272 68,558     -2,286  
    MOLSON COORS BR-3500 2008-08 PURCHASE 2011-03   155,391 176,237     -20,846  
    NEWELL RUBBERMD-4500 2010-05 PURCHASE 2011-06   65,159 75,614     -10,455  
    ORACLE CORP-3000 2004-05 PURCHASE 2011-12   76,214 34,118     42,096  
    ORACLE CORP-2500 2004-07 PURCHASE 2011-12   63,511 27,441     36,070  
    PARKER HANNIFIN-600 2008-12 PURCHASE 2011-05   52,456 22,969     29,487  
    PARKER HANNIFIN-1600 2009-01 PURCHASE 2011-05   139,883 63,106     76,777  
    T 2.625 11/20-215000 2010-12 PURCHASE 2011-12   232,015 205,891     26,124  
    UNITED PARCEL S-1250 2009-05 PURCHASE 2011-05   92,281 71,766     20,515  
    UNITED PARCEL S-250 2009-10 PURCHASE 2011-05   18,456 14,468     3,988  
    WALGREEN CO-3400 1998-02 PURCHASE 2011-07   136,455 62,475     73,980  
    WALGREEN CO-2600 1998-02 PURCHASE 2011-09   96,844 47,775     49,069  
    FG 4.5 G13085-18795 2008-06 PURCHASE 2011-01   18,795 18,325     470  
    FG 4.5 G13085-11847 2008-06 PURCHASE 2011-02   11,847 11,552     295  
    FG 4.5 G13085-8641 2008-06 PURCHASE 2011-03   8,641 8,425     216  
    FG 4.5 G13085-7666 2008-06 PURCHASE 2011-04   7,666 7,474     192  
    FG 4.5 G13085-8463 2008-06 PURCHASE 2011-05   8,463 8,252     211  
    FG 4.5 G13085-6417 2008-06 PURCHASE 2011-06   6,417 6,256     161  
    FG 4.5 G13085-7997 2008-06 PURCHASE 2011-07   7,997 7,797     200  
    FG 4.5 G13085-7866 2008-06 PURCHASE 2011-08   7,866 7,669     197  
    FG 4.5 G13085-9556 2008-06 PURCHASE 2011-09   9,556 9,318     238  
    FG 4.5 G13085-10381 2008-06 PURCHASE 2011-10   10,381 10,122     259  
    FG 4.5 G13085-9703 2008-06 PURCHASE 2011-11   9,703 9,460     243  
    FG 4.5 G13085-10262 2008-06 PURCHASE 2011-12   10,262 10,006     256  
    FG 4.5 G13844-4885 2010-06 PURCHASE 2011-07   4,885 5,156     -271  
    FG 4.5 G13844-4503 2010-06 PURCHASE 2011-08   4,503 4,753     -250  
    FG 4.5 G13844-7373 2010-06 PURCHASE 2011-09   7,373 7,782     -409  
    FG 4.5 G13844-9331 2010-06 PURCHASE 2011-10   9,331 9,849     -518  
    FG 4.5 G13844-8004 2010-06 PURCHASE 2011-11   8,004 8,448     -444  
    FG 4.5 G13844-8364 2010-06 PURCHASE 2011-12   8,364 8,828     -464  
    FG 5 G13298-7435 2010-07 PURCHASE 2011-08   7,435 7,941     -506  
    FG 5 G13298-14243 2010-07 PURCHASE 2011-09   14,243 15,211     -968  
    FG 5 G13298-7253 2010-07 PURCHASE 2011-10   7,253 7,746     -493  
    FG 5 G13298-14221 2010-07 PURCHASE 2011-11   14,221 15,188     -967  
    FG 5 G13298-9579 2010-07 PURCHASE 2011-12   9,579 10,231     -652  
    FG 5 J02774-11549 2009-05 PURCHASE 2011-01   11,549 12,057     -508  
    FG 5 J02774-13088 2009-05 PURCHASE 2011-02   13,088 13,663     -575  
    FG 5 J02774-7645 2009-05 PURCHASE 2011-03   7,645 7,981     -336  
    FG 5 J02774-10434 2009-05 PURCHASE 2011-04   10,434 10,892     -458  
    FG 5 J02774-9669 2009-05 PURCHASE 2011-05   9,669 10,094     -425  
    FG 5 J02774-8449 2009-05 PURCHASE 2011-06   8,449 8,820     -371  
    FG 5 J02774-7617 2009-05 PURCHASE 2011-07   7,617 7,951     -334  
    FG 5 J02774-8382 2009-05 PURCHASE 2011-08   8,382 8,750     -368  
    FG 5 J02774-7529 2009-05 PURCHASE 2011-09   7,529 7,860     -331  
    FG 5 J02774-5557 2009-05 PURCHASE 2011-10   5,557 5,801     -244  
    FG 5 J02774-10215 2009-05 PURCHASE 2011-11   10,215 10,664     -449  
    FG 5 J02774-8524 2009-05 PURCHASE 2011-12   8,524 8,898     -374  
    FG 6 G08232-6110 2010-10 PURCHASE 2011-10   6,110 6,601     -491  
    FG 6 G08232-6620 2010-10 PURCHASE 2011-11   6,620 7,151     -531  
    FG 6 G08232-5538 2010-10 PURCHASE 2011-12   5,538 5,983     -445  
    FH ARM 1Q0271-13354 2007-08 PURCHASE 2011-01   13,354 13,350     4  
    FH ARM 1Q0271-12184 2007-08 PURCHASE 2011-02   12,184 12,180     4  
    FH ARM 1Q0271-10564 2007-08 PURCHASE 2011-03   10,564 10,561     3  
    FH ARM 1Q0271-15731 2007-08 PURCHASE 2011-04   15,731 15,727     4  
    FH ARM 1Q0271-2725 2007-08 PURCHASE 2011-05   2,725 2,725        
    FN 4 888700-13171 2007-09 PURCHASE 2011-01   13,171 12,482     689  
    FN 4 888700-10831 2007-09 PURCHASE 2011-02   10,831 10,265     566  
    FN 4 888700-14060 2007-09 PURCHASE 2011-03   14,060 13,324     736  
    FN 4 888700-8585 2007-09 PURCHASE 2011-04   8,585 8,136     449  
    FN 4 888700-7807 2007-09 PURCHASE 2011-05   7,807 7,398     409  
    FN 4 888700-4423 2007-09 PURCHASE 2011-06   4,423 4,191     232  
    FN 4 888700-5078 2007-09 PURCHASE 2011-07   5,078 4,812     266  
    FN 4 888700-7568 2007-09 PURCHASE 2011-08   7,568 7,172     396  
    FN 4 888700-9602 2007-09 PURCHASE 2011-09   9,602 9,100     502  
    FN 4 888700-11768 2007-09 PURCHASE 2011-10   11,768 11,152     616  
    FN 4 888700-9530 2007-09 PURCHASE 2011-11   9,530 9,032     498  
    FN 4 888700-10738 2007-09 PURCHASE 2011-12   10,738 10,176     562  
    FN 4.0 AE0276-16942 2010-12 PURCHASE 2011-12   16,942 17,577     -635  
    FN 5 256543-4475 2007-09 PURCHASE 2011-01   4,475 4,414     61  
    FN 5 256543-10302 2007-09 PURCHASE 2011-02   10,302 10,162     140  
    FN 5 256543-6941 2007-09 PURCHASE 2011-03   6,941 6,847     94  
    FN 5 256543-4520 2007-09 PURCHASE 2011-04   4,520 4,459     61  
    FN 5 256543-1797 2007-09 PURCHASE 2011-05   1,797 1,773     24  
    FN 5 256543-1521 2007-09 PURCHASE 2011-06   1,521 1,500     21  
    FN 5 256543-798 2007-09 PURCHASE 2011-07   798 787     11  
    FN 5 256543-2691 2007-09 PURCHASE 2011-08   2,691 2,654     37  
    FN 5 256543-870 2007-09 PURCHASE 2011-09   870 858     12  
    FN 5 256543-3943 2007-09 PURCHASE 2011-10   3,943 3,890     53  
    FN 5 256543-9236 2007-09 PURCHASE 2011-11   9,236 9,111     125  
    FN 5 256543-4859 2007-09 PURCHASE 2011-12   4,859 4,793     66  
    FN 5 725429-21362 2009-05 PURCHASE 2011-01   21,362 22,327     -965  
    FN 5 725429-16310 2009-05 PURCHASE 2011-02   16,310 17,047     -737  
    FN 5 725429-11032 2009-05 PURCHASE 2011-03   11,032 11,531     -499  
    FN 5 725429-14604 2009-05 PURCHASE 2011-04   14,604 15,264     -660  
    FN 5 725429-12752 2009-05 PURCHASE 2011-05   12,752 13,328     -576  
    FN 5 725429-11015 2009-05 PURCHASE 2011-06   11,015 11,513     -498  
    FN 5 725429-12317 2009-05 PURCHASE 2011-07   12,317 12,873     -556  
    FN 5 725429-11218 2009-05 PURCHASE 2011-08   11,218 11,725     -507  
    FN 5 725429-16394 2009-05 PURCHASE 2011-09   16,394 17,134     -740  
    FN 5 725429-8503 2009-05 PURCHASE 2011-10   8,503 8,887     -384  
    FN 5 725429-12595 2009-05 PURCHASE 2011-11   12,595 13,164     -569  
    FN 5 725429-14568 2009-05 PURCHASE 2011-12   14,568 15,226     -658  
    FN 5.5 555409-8723 2009-01 PURCHASE 2011-01   8,723 9,056     -333  
    FN 5.5 555409-4922 2009-01 PURCHASE 2011-02   4,922 5,110     -188  
    FN 5.5 555409-4831 2009-01 PURCHASE 2011-03   4,831 5,015     -184  
    FN 5.5 555409-5531 2009-01 PURCHASE 2011-04   5,531 5,742     -211  
    FN 5.5 555409-1702 2009-01 PURCHASE 2011-05   1,702 1,766     -64  
    FN 5.5 555409-2483 2009-01 PURCHASE 2011-06   2,483 2,578     -95  
    FN 5.5 555409-4804 2009-01 PURCHASE 2011-07   4,804 4,987     -183  
    FN 5.5 555409-2859 2009-01 PURCHASE 2011-08   2,859 2,968     -109  
    FN 5.5 555409-6399 2009-01 PURCHASE 2011-09   6,399 6,643     -244  
    FN 5.5 555409-4617 2009-01 PURCHASE 2011-10   4,617 4,793     -176  
    FN 5.5 555409-3380 2009-01 PURCHASE 2011-11   3,380 3,509     -129  
    FN 5.5 555409-3803 2009-01 PURCHASE 2011-12   3,803 3,948     -145  
    FN 5.5 836178-13149 2007-09 PURCHASE 2011-01   13,149 12,993     156  
    FN 5.5 836178-882 2007-09 PURCHASE 2011-02   882 872     10  
    FN 5.5 836178-12947 2007-09 PURCHASE 2011-03   12,948 12,794     154  
    FN 5.5 836178-9723 2007-09 PURCHASE 2011-04   9,723 9,608     115  
    FN 5.5 836178-824 2007-09 PURCHASE 2011-05   824 814     10  
    FN 5.5 836178-1414 2007-09 PURCHASE 2011-06   1,414 1,397     17  
    FN 5.5 836178-9231 2007-09 PURCHASE 2011-07   9,231 9,122     109  
    FN 5.5 836178-8706 2007-09 PURCHASE 2011-08   8,706 8,603     103  
    FN 5.5 836178-5207 2007-09 PURCHASE 2011-09   5,207 5,145     62  
    FN 5.5 836178-15756 2007-09 PURCHASE 2011-10   15,756 15,569     187  
    FN 5.5 836178-13114 2007-09 PURCHASE 2011-11   13,114 12,958     156  
    FN 5.5 836178-752 2007-09 PURCHASE 2011-12   752 743     9  
    FN 5.5 839035-1865 2010-11 PURCHASE 2011-11   1,865 2,015     -150  
    FN 5.5 839035-1387 2010-11 PURCHASE 2011-12   1,387 1,498     -111  
    FN 6 911568-284 2010-04 PURCHASE 2011-05   284 304     -20  
    FN 6 911568-1478 2010-04 PURCHASE 2011-06   1,478 1,586     -108  
    FN 6 911568-2223 2010-04 PURCHASE 2011-07   2,223 2,385     -162  
    FN 6 911568-2120 2010-04 PURCHASE 2011-08   2,120 2,274     -154  
    FN 6 911568-259 2010-04 PURCHASE 2011-09   259 277     -18  
    FN 6 911568-4023 2010-04 PURCHASE 2011-10   4,023 4,316     -293  
    FN 6 911568-5530 2010-04 PURCHASE 2011-11   5,530 5,933     -403  
    FN 6 911568-9339 2010-04 PURCHASE 2011-12   9,339 10,018     -679  
    FN 6 943010-134 2007-09 PURCHASE 2011-01   134 135     -1  
    FN 6 943010-1527 2007-09 PURCHASE 2011-02   1,527 1,539     -12  
    FN 6 943010-134 2007-09 PURCHASE 2011-03   134 135     -1  
    FN 6 943010-2945 2007-09 PURCHASE 2011-04   2,945 2,969     -24  
    FN 6 943010-1440 2007-09 PURCHASE 2011-05   1,440 1,451     -11  
    FN 6 943010-138 2007-09 PURCHASE 2011-06   138 139     -1  
    FN 6 943010-2980 2007-09 PURCHASE 2011-07   2,980 3,004     -24  
    FN 6 943010-131 2007-09 PURCHASE 2011-08   131 132     -1  
    FN 6 943010-1666 2007-09 PURCHASE 2011-09   1,666 1,679     -13  
    FN 6 943010-1404 2007-09 PURCHASE 2011-10   1,404 1,416     -12  
    FN 6 943010-195 2007-09 PURCHASE 2011-11   195 196     -1  
    FN 6 943010-121 2007-09 PURCHASE 2011-12   121 122     -1  

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Name of Bond End of Year Book Value End of Year Fair Market Value
    LAZARD HIGH YIELD 1,034,611 1,001,390
    GOLDMAN SACHS GROUP INC 5.25    
    MORGAN STANLEY 6.625 296,418 271,547
    BOTTLING GROUP LLC 5.125 121,033 139,999
    GOLDMAN SACHS GROUP INC 7.50 293,622 276,102

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Name of Stock End of Year Book Value End of Year Fair Market Value
    LAZARD INTL EQUITY PORTFOLIO I 1,410,728 1,499,872
    MATTEL INC    
    NEWELL RUBBERMAID INC    
    COMCAST CORP-SPECIAL CL A    
    GAP INC    
    TJX COMPANIES INC NEW    
    WAL-MART STORES INC    
    WALGREEN CO    
    COCA COLA CO    
    GEMERAL MILLS INC    
    MOLSON COORS BREWING CO    
    CITY NATIONAL CORP    
    PNC FINANCIAL SERVICES GROUP    
    WELLS FARGO & CO NEW    
    GOLDMAN SACHS GROUP INC    
    JP MORGAN CHASE & CO    
    T ROWE PRICE GROUP INC    
    CAREFUSION CORPORATION    
    MEDTRONIC INC    
    CATERPILLAR INC    
    DOVER CORP    
    EMERSON ELECTRIC CO    
    HONEYWELL INTERNATIONAL INC    
    ILLINOIS TOOL WORKS INC    
    PARKER HANNIFIN CORP    
    UNITED TECHNOLOGIES CORP    
    UNITED PARCEL SERVICE INC CL B    
    INTEL CORP    
    GOOGLE INC CL A    
    INTL BUSINESS MACHINES CORP    
    MASTERCARD INC    
    MICROSOFT CORP    
    ORACLE CORP    
    APPLE INC    
    CISCO SYSTEMS INC    
    EMC CORP    
    QUALCOMM INC    
    BALL CORP    
    MOSAIC CO    
    AT&T INC    
    INTL GAME TECHNOLOGY 90,099 86,000
    COMCAST CORP - SPECIAL CL A 150,555 214,396
    AUTOZONE INC 42,434 50,370
    LOWES COMPANIES INC 83,255 86,292
    ROSS STORES INC 88,886 104,566
    TJX COMPANIES INC NEW 156,554 213,015
    CVS CAREMARK CORP 154,818 163,120
    SYSCO CORP 86,828 79,191
    WAL-MART STORES INC 295,508 349,596
    COCA COLA CO 187,832 251,892
    GENERAL MILLS INC 78,025 88,902
    ENERGIZER HOLDINGS INC 86,450 92,976
    CONSOL ENERGY INC 132,767 107,164
    WELLS FARGO & CO NEW 291,151 305,916
    AMERICAN EXPRESS CO 204,269 212,265
    BLACKROCK INC 91,041 100,706
    JPMORGAN CHASE & CO 142,176 159,600
    T ROWE PRICE GROUP INC 87,653 82,578
    BOEING CO 164,332 190,710
    DOVER CORP 51,882 75,465
    HONEYWELL INTERNATIONAL INC 135,994 228,270
    UNITED TECHNOLOGIES CORP 141,068 299,669
    UNION PACIFIC CORP 129,807 153,613
    INTEL CORP 241,563 266,750
    GOOGLE INC CL A 110,607 209,917
    INTL BUSINESS MACHINES CORP 114,647 257,432
    MASTERCARD INC 76,742 167,769
    MICROSOFT CORP 91,397 88,264
    ORACLE CORP 165,372 205,200
    APPLE INC 135,055 273,375
    CISCO SYSTEMS INC 234,591 206,112
    EMC CORP 80,578 161,550
    QUALCOMM INC 150,090 165,467
    BALL CORP 77,024 107,130
    FREEPORT MCMORAN COPPER & GOLD INC 51,409 57,576
    MOSAIC CO 81,292 83,210
    NEWMONT MINING CORP 87,673 96,016
    AT&T INC 75,787 90,720

    TY 2011 InvestmentsGovtObligationsSch
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    US Government Securities - End of Year Book Value:

    7,399,611
    US Government Securities - End of Year Fair Market Value:

    7,620,367
    State & Local Government Securities - End of Year Book Value:


    752,104
    State & Local Government Securities - End of Year Fair Market Value:


    785,851


    TY 2011 LandEtcSchedule2
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE EQUIPMENT 460 317 143  


    TY 2011 OtherExpensesSchedule
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INVESTMENT MANAGEMENT FEES 66,016 66,016    
    FILING FEES 750      
    OFFICE EXPENSE 1,024 1,024    
    INSURANCE 2,099 2,099    


    TY 2011 OtherIncomeSchedule2
    Name:
    WINLEY FOUNDATION
    EIN: 52-1230146
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    QWEST SEC LITIG CLAIMS 377    
    SEC V BOA CORP FAIR FUND 306