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
THE THARPE FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)3796 APSLEY CT SE   Room/suite
City or town, state, and ZIP code
ATLANTA, GA30339
A Employer identification number

58-1858404
B Telephone number (see page 10 of the instructions)

(770) 434-9790
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$522,987J 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 24 24 24
4 Dividends and interest from securities...... 17,401 17,401 17,401
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 69,033
b Gross sales price for all assets on line 6a 475,127
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 566   566
12 Total. Add lines 1 through 11........ 87,024 17,425 17,991
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 5,499      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,000      
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 245      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 13      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,757 0   0
25 Contributions, gifts, grants paid........ 625,769 625,769
26 Total expenses and disbursements. Add lines 24 and 25 632,526 0   625,769
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -545,502
b Net investment income (if negative, enter -0-) 17,425
c Adjusted net income (if negative, enter -0-)... 17,991
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...............   731 731
2 Savings and temporary cash investments.......... 14,440 8,227 8,227
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)      
b Investments—corporate stock (attach schedule)........ 999,923 Click to see attachment505,118 514,029
c Investments—corporate bonds (attach schedule)........ 1,946    
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) 1,016,309 514,076 522,987
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)   Click to see attachment7,407
23 Total liabilities (add lines 17 through 22)..........   7,407
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......... 1,016,309  
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds   506,669
30 Total net assets or fund balances (see page 17 of the
instructions).................... 1,016,309 506,669
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 1,016,309 514,076
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 1,016,309
2 Enter amount from Part I, line 27a..................... 2 -545,502
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 35,862
4 Add lines 1, 2, and 3.......................... 4 506,669
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. 6 506,669
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 64,404 1,058,037 0.060871
2009 63,910 1,086,907 0.058800
2008 75,694 1,279,599 0.059154
2007 66,390 1,576,573 0.042110
2006 67,216 1,454,791 0.046203
2 Total of line 1, column (d) ...................... 2 0.267138
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 0.053428
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 506,365
5 Multiply line 4 by line 3....................... 5 27,054
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 174
7 Add lines 5 and 6......................... 7 27,228
8 Enter qualifying distributions from Part XII, line 4.............. 8 625,769
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 1 174
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............................ 3 174
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- ..... 5 174
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 216
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.............. 7 216
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 42
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet42 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)bulletGA
    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
     
    No
    Website addressbulletNONE
    14
    The books are in care ofbulletLINDA THARPE Telephone no.bullet (770) 434-9790
    Located atbullet3796 APSLEY CT SEATLANTAGA ZIP+4bullet30339
    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
    WELLS FARGO BANK NA
    WELLS FARGO BANK NAClick to see attachment     		TRUSTEE
    40.00     		5,499 0 0
    1525 WEST WT HARRIS BLVD
    1525 WEST WT HARRIS BLVD
    CHARLOTTE,NC282881114
    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
    505,118
    b
    Average of monthly cash balances.......................
    1b
    8,958
    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
    514,076
    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
    514,076
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    7,711
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    506,365
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    25,318
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    25,318
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    174
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    174
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    25,144
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    25,144
    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
    25,144
    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
    625,769
    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
    625,769
    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
    174
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    625,595
    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 25,144
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 40,517
    b Total for prior years:20, 2008, 2009  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006.......  
    b From 2007.......  
    c From 2008.......  
    d From 2009.......  
    e From 2010.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 625,769
    a Applied to 2010, but not more than line 2a 40,517
    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..... 25,144
    e Remaining amount distributed out of corpus 560,108
    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 5 560,108
    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 ......     		560,108
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008....  
    c Excess from 2009....  
    d Excess from 2010....  
    e Excess from 2011.... 560,108
    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
    ALZHEIMER'S ASSOCIATION-GA
    41 PERIMETER CENTER EAST
    41 PERIMETER CENTER EAST
    ATLANTA,GA30346     		NONE EXEMPT GENERAL 1,583
    ARMSTRONG FOUNDATION
    2201 E 6TH ST
    2201 E 6TH ST
    AUSTIN,TX78702     		NONE EXEMPT GENERAL 1,000
    ARTHRITIS FOUNDATIONS
    2970 PEACHTREE RD 200
    2970 PEACHTREE RD 200
    ATLANTA,GA30305     		NONE EXEMPT GENERAL 300
    ATLANTA BOTANICAL GARDEN
    1345 PIEDMONT AVE
    1345 PIEDMONT AVE
    ATLANTA,GA30309     		NONE EXEMPT GENERAL 150
    ATLANTA HISTORY CENTER
    130 W PACES FERRY RD
    130 W PACES FERRY RD
    ATLANTA,GA30305     		NONE EXEMPT GENERAL 150
    CHEROKEE COUNTY RESCUE SQUAD
    1035 DANIEL ST
    1035 DANIEL ST
    CHEROKEE,AL35616     		NONE EXEMPT GENERAL 250
    CROSSPOINT CHURCH
    1800 SATELLITE BLVD
    1800 SATELLITE BLVD
    DULUTH,GA30097     		NONE EXEMPT GENERAL 250
    CURESEARCH
    4600 EAST-WEST HWY
    4600 EAST-WEST HWY
    BETHESDA,MD20814     		NONE EXEMPT GENERAL 250
    DARLINGTON SCHOOL
    1014 CAVE SPRING RD
    1014 CAVE SPRING RD
    ROME,GA30161     		NONE EXEMPT GENERAL 7,000
    DUKE MEDICINE
    512 S MANGUM ST 400
    512 S MANGUM ST 400
    DURHAM,NC27701     		NONE EXEMPT GENERAL 500
    FAITH LUTHERAN CHURCH
    2111 LOWER ROSWELL RD
    2111 LOWER ROSWELL RD
    MARIETTA,GA30068     		NONE EXEMPT GENERAL 1,500
    HIGH MUSEUM OF ART
    1280 PEACHTREE ST
    1280 PEACHTREE ST
    ATLANTA,GA30309     		NONE EXEMPT GENERAL 150
    HOLY INNOCENTS EPISCOPAL SCHOOL
    805 MT VERNON HWY
    805 MT VERNON HWY
    ATLANTA,GA30327     		NONE EXEMPT GENERAL 5,000
    HUMANE SOCIETY OF HARRIS COUNTY
    PO BOX 264
    PO BOX 264
    HAMILTON,GA31811     		NONE EXEMPT GENERAL 500
    KANSAS STATE ALUMNI ASSOCIATION
    1720 ALUMNI CENTER
    1720 ALUMNI CENTER
    MANHATTAN,KS66506     		NONE EXEMPT GENERAL 1,000
    KAPPA KAPPA GAMMA FOUNDATION
    PO BOX 38
    PO BOX 38
    COLUMBUS,OH43216     		NONE EXEMPT GENERAL 100
    MAKE-A-WISH FOUNDATION OF GEORGIA
    1775 THE EXCHANGE 200
    1775 THE EXCHANGE 200
    ATLANTA,GA30339     		NONE EXEMPT GENERAL 1,500
    MUST MINISTRIES
    55 ELIZABETH CHURCH RD
    55 ELIZABETH CHURCH RD
    MARIETTA,GA30060     		NONE EXEMPT GENERAL 250
    NATIONAL KIDNEY FOUNDATION
    2951 FLOWERS RD
    2951 FLOWERS RD
    ATLANTA,GA30341     		NONE EXEMPT GENERAL 250
    NATIONAL MULTIPLE SCLEROSIS SOC
    PO BOX 4527
    PO BOX 4527
    NEW YORK,NY10163     		NONE EXEMPT GENERAL 2,500
    OPEN DOOR CHILDREN'S HOME
    PO BOX 2367
    PO BOX 2367
    ROME,GA30164     		NONE EXEMPT GENERAL 1,766
    PACE ACADEMY
    966 W PACES FERRY RD
    966 W PACES FERRY RD
    ATLANTA,GA30327     		NONE EXEMPT GENERAL 1,500
    PEACHTREE PRESBYTERIAN CHURCH
    3434 ROSWELL RD
    3434 ROSWELL RD
    ATLANTA,GA30305     		NONE EXEMPT GENERAL 1,500
    RIVER WALK
    1450 NORTHEAST LOOP 410
    1450 NORTHEAST LOOP 410
    SAN ANTONIO,TX78209     		NONE EXEMPT GENERAL 500
    SHORTER UNIVERSITY
    315 SHORTER AVE
    315 SHORTER AVE
    ROME,GA30165     		NONE EXEMPT GENERAL 500
    ST JUDE CHILDREN'S RESEARCH
    501 ST JUDE PL
    501 ST JUDE PL
    MEMPHIS,TN38105     		NONE EXEMPT GENERAL 1,000
    THE JOY HOUSE
    PO BOX 247
    PO BOX 247
    JASPER,GA30143     		NONE EXEMPT GENERAL 2,000
    THE MULTIPLE SCLEROSIS CENTER
    3200 DUNWOODY CTR 550
    3200 DUNWOODY CTR 550
    ATLANTA,GA30327     		NONE EXEMPT GENERAL 500
    COMMUNI FDN OF CHATTAHOOCHEE VALLEY
    1340 13TH ST
    1340 13TH ST
    COLUMBUS,GA31901     		NONE EXEMPT GENERAL 585,220
    UNIVERSITY OF GEORGIA SCHOLARSHIPS
    394 S MILLEGE AVE
    394 S MILLEGE AVE
    ATHENS,GA30602     		NONE EXEMPT GENERAL 1,000
    VALDOSTA STATE UNIV SCHOLARSHIPS
    VALDOSTA STATE UNIVERSITY
    VALDOSTA STATE UNIVERSITY
    VALDOSTA,GA316980180     		NONE EXEMPT GENERAL 1,000
    VALDOSTA STATE UNIV SCHOLARSHIPS
    VALDOSTA STATE UNIV
    VALDOSTA STATE UNIV
    VALDOSTA,GA316980180     		NONE EXEMPT GENERAL 1,000
    VALDOSTA STATE UNIV SCHOLARSHIPS
    VALDOSTA STATE UNIV
    VALDOSTA STATE UNIV
    VALDOSTA,GA316980180     		NONE EXEMPT GENERAL 1,000
    VISION TRUST
    PO BOX 50524
    PO BOX 50524
    COLORADO SPRINGS,CO80949     		NONE EXEMPT GENERAL 2,100
    ZABAN COUPLES SHELTER
    1605 PEACHTREE ST
    1605 PEACHTREE ST
    ATLANTA,GA30309     		NONE EXEMPT GENERAL 1,000
    Total .................................bullet 3a 625,769
    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 24  
    4 Dividends and interest from securities....     14 17,401  
    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 69,033  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aUNITED HEALTHCARE     14 166  
    bSARA LEE CORP     14 21  
    cPIMCO COMMODITY RE     14 73  
    dPIMCO COMMODITY RE     14 306  
    e
    12 Subtotal. Add columns (b), (d), and (e)..   87,024  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1387,024
    (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:
    THE THARPE FOUNDATION
    EIN: 58-1858404
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION 1,000      

    TY 2011 CompensationExplanation
    Name:
    THE THARPE FOUNDATION
    EIN: 58-1858404
    Person Name Explanation
    WELLS FARGO BANK NA
    WELLS FARGO BANK NA     		 

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

    TY 2011 GainLossSaleOtherAssetsSch
    Name:
    THE THARPE FOUNDATION
    EIN: 58-1858404
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    768.786 SHS ING INT'L RL. EST. 2009-05 PURCHASE 2011-02   6,650 5,312     1,338  
    750.751 SHS ING INT'L RL. EST. 2009-05 PURCHASE 2011-02   6,547 5,188     1,359  
    2187.084 SHS ING REAL EST. FUND 2008-07 PURCHASE 2011-02   32,850 31,211     1,639  
    2207.795 SHS ING REAL EST. FUND 2008-07 PURCHASE 2011-02   33,448 31,507     1,941  
    1110 SHS ISHARESMSCI EAFE 2009-11 PURCHASE 2011-02   67,211 62,149     5,062  
    300 SHS ISHARES RUSSELL 2000 2009-11 PURCHASE 2011-02   24,777 17,796     6,981  
    670 SHS ISHARES RUSSELL 2000 2009-11 PURCHASE 2011-06   55,053 39,744     15,309  
    7 SHS ISHARES RUSSELL 2000 2009-11 PURCHASE 2011-12   495 415     80  
    1100 SHS ISHARES TR MSCI EMERGING MK 2009-11 PURCHASE 2011-02   49,567 45,441     4,126  
    50 SHS ISHARES TR MSCI EMERGING MK 2009-11 PURCHASE 2011-06   2,342 2,066     276  
    1609.442 SHS PIMCO COMMODITY REAL RE 2006-10 PURCHASE 2011-02   15,000 22,339     -7,339  
    1591.599 SHS PIMCO COMMODITY REAL RE 2006-10 PURCHASE 2011-02   14,834 11,643     3,191  
    139.665 SHS PIMCO COMMODITY REAL RE 2011-05 PURCHASE 2011-12   1,000 1,212     -212  
    45 SHS SPDR S&P 500 ETF TRUST 2009-11 PURCHASE 2011-02   5,935 4,991     944  
    200 SHS SPDR S&P 500 ETF TRUST 2009-11 PURCHASE 2011-02   26,736 22,182     4,554  
    100 SHS SPDR S&P 500 ETF TRUST 2009-11 PURCHASE 2011-12   12,222 11,091     1,131  
    100 SHS SPDR S&P MIDCAP 400 ETF TRUS 2009-11 PURCHASE 2011-02   17,741 12,599     5,142  
    365 SHS SPDR S&P MIDCAP 400 ETF TRUS 2009-11 PURCHASE 2011-06   64,773 45,985     18,788  
    3 SHS SPDR S&P MIDCAP 400 ETF TRUS 2009-11 PURCHASE 2011-12   459 378     81  
    6 SHS WELLS FARGO CORP. 2001-01 PURCHASE 2011-12   1       1  
    CALL WRITE EEM @ 40.00   PURCHASE 2011-10   841 2,314     -1,473  
    CALL WRITE EEM @ 41.00   PURCHASE 2011-09   628 102     526  
    CALL WRITE EEM @ 43.00   PURCHASE 2011-12   169 77     92  
    CALL WRITE EEM @ 44.00   PURCHASE     712 216     496  
    CALL WRITE EEM @ 45.00   PURCHASE     379 75     304  
    CALL WRITE EEM @ 47.00   PURCHASE     680 1,420     -740  
    CALL WRITE EEM @ 48.00   PURCHASE     1,010 1,179     -169  
    CALL WRITE EEM @ 49.00   PURCHASE     1,762 741     1,021  
    CALL WRITE EEM @ 50.00   PURCHASE     2,423 595     1,828  
    CALL WRITE EEM @ 52.00   PURCHASE     200 6     194  
    CALL WRITE EEM @ 61.00   PURCHASE     103 903     -800  
    CALL WRITE EEM @ 62.00   PURCHASE     2,648 348     2,300  
    CALL WRITE EEM @ 63.00   PURCHASE 2011-02   1,213 232     981  
    CALL WRITE EEM @ 74.00   PURCHASE 2011-09   196 35     161  
    CALL WRITE EEM @ 75.00   PURCHASE     506 186     320  
    CALL WRITE EEM @ 76.00   PURCHASE 2011-08   207 12     195  
    CALL WRITE EEM @ 77.00   PURCHASE 2011-09   271 119     152  
    CALL WRITE EEM @ 79.00   PURCHASE 2011-11   385 27     358  
    CALL WRITE EEM @ 80.00   PURCHASE 2011-01   579 3,973     -3,394  
    CALL WRITE EEM @ 82.00   PURCHASE 2011-06   302 503     -201  
    CALL WRITE EEM @ 83.00   PURCHASE 2011-02   3,174 2,717     457  
    CALL WRITE EEM @ 85.00   PURCHASE     3,784 1,346     2,438  
    CALL WRITE EEM @ 160.00   PURCHASE 2011-09   405 77     328  
    CALL WRITE EEM @ 167.00   PURCHASE     406 5,650     -5,244  
    CALL WRITE EEM @ 170.00   PURCHASE 2011-09   137 26     111  
    CALL WRITE EEM @ 175.00   PURCHASE     4,841 3,614     1,227  
    CALL WRITE EEM @ 180.00   PURCHASE 2011-04   1,780 1,861     -81  
    CALL WRITE EEM @ 125.00   PURCHASE 2011-08   372 30     342  
    CALL WRITE EEM @ 127.00   PURCHASE 2011-09   1,058 470     588  
    CALL WRITE EEM @ 128.00   PURCHASE 2011-09   514 14     500  
    CALL WRITE EEM @ 130.00   PURCHASE     1,402 1,305     97  
    CALL WRITE EEM @ 132.00   PURCHASE     3,452 2,339     1,113  
    CALL WRITE EEM @ 133.00   PURCHASE 2011-06   947 333     614  

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    THE THARPE FOUNDATION
    EIN: 58-1858404
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ITAU UNIBANCO SA    

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    THE THARPE FOUNDATION
    EIN: 58-1858404
    Name of Stock End of Year Book Value End of Year Fair Market Value
    723 SHS ISHARES RUSSELL 2000: IWM 42,888 53,321
    1500 SHS SPDR S&P 500 ETF: SPY 166,365 188,250
    332 SHS S&P MIDCAP 400 ETF: MDY 41,827 52,951
    2420 SHS ISHARES MSCI EAFE: EFA 139,102 119,863
    1350 SHS ISHARES TR MSCI EMERG: EEM 55,769 51,219
    724.638 SHS EII INT'L PROP 3: EIIPX 13,500 9,768
    1659.361 SHS ING REAL EST: CRARX 26,500 25,504
    2011.103 SHS PIMCO COMMOD: PCRIX 19,167 13,153
    ISHARES RUSSELL    
    SPDR S&P 500 ETF    
    SPDR MIDCAP 400    
    ISHARES MSCI EAFE    
    ISHARES TR MSCI    
    CALL WRITE ISHARES EXP 2/19/11    
    CALL WRITE ISHARES EXP 1/22/11    
    CALL WRITE ISHARES EXP 1/22/11    
    CALL WRITE ISHARES EXP 2/19/11    
    CALL WRITE SPDR EXP 3/19/11    
    CALL WRITE SPDR EXP 1/22/11    
    ING INTL RE FD 2664    
    ING RE FD 2190    
    PIMCO COMMOD FD. 45    
    ABB LTD ADR    
    ACCENTURE PLC    
    ANGLO AMERN PLC    
    ANHEUSER BUSCH SPN    
    ARCELORMITTAL NY REG    
    AXA ADR    
    BANCO SANTANDER BRAS    
    BARCLAYS PLC ADR    
    BASF AKTIENGESELLSCH    
    BAYER AG ADR    
    RESMED INC    
    BG GROUP PLC ADR    
    BNP PARIBAS ADR    
    COMPANHIA DE SANEAME    
    COMPANIA DE MINAS    
    CREDIT SUISSE GROUP    
    DAIMLERCHRYSLER AG    
    DBS GROUP HOLDINGS    
    DEUTCHE LUFTHANSA    
    ENI SPA ADR    
    ERICSSON LM TELEPHON    
    FRESENIUS MEDICAL    
    GAFISA SA    
    GLAXOSMITHKLINE PLC    
    HENKEL AG CO    
    HONDA MOTOR CO LTD    
    HSBC ADR    
    ICICI BANK LTD ADR    
    IMPERIAL TOBACCO GROUP    
    ING GROUP NV ADR    
    INTESA SANPAOLO SPON    
    KOMATSU LIMITED ADR    
    KONINKLIJKE AHOLD NV    
    KONINKLIJKE PHILIPS    
    KT CORP ADR    
    KUBOTA LIMITED ADR    
    MEDIASET S P A    
    MITSUBISHI UFJ FINL    
    NATIONAL GRID PLC    
    NESTLE SA REGISTERED    
    ORIX CORP ADR    
    PEARSON PLC ADR    
    PETROLEO BRASILEIRO    
    PRUDENTIAL PLC ADR    
    REED ELSEVIER PLC    
    RIO TINTO PLC    
    SANOFI ADVENTIS ADR    
    SAP AG ADR    
    SEADRILL LIMITED    
    SECOM LTD UNSPOSORD    
    SILICONWARE PRECISN    
    SONY CORP ADR    
    SUMITOMO CORP    
    SYNGENTA AG ADR    
    TELECOM ITALIA ADR    
    TESCO PLC ADR    
    TEVA PHARMACEUTICAL    
    TULLOW OIL PLC    
    VINCI SA    
    VODAFONE GROUP PLC    
    WPP GROUP PLC    
    XSTRATA PLC    
    GUGGENHEIM CHINA RE    
    FOD MOTOR CO    
    GAP INC    
    HOME DEPOT INC    
    NIKE INC CL B    
    ROSS STORES INC    
    CVS CAREMARK CORP    
    PROCTOR & GAMBLE CO    
    TYSON FOODS INC    
    WALMART STORES INC    
    CHEVRON CORP    
    CIMAREX ENERGY CO    
    CONOCOPHILLIPS    
    EXXON MOBIL CORP    
    HALLABRUTON CO    
    OCCIDENTAL PETE CO    
    AMERIPRISE FINL INC    
    CITIGROUP INC    
    JP MORGAN CHASE & CO    
    PNC FINANCIAL SVCS    
    UNUM GROUP    
    AMGEN INC    
    BRISTOL MYERS SQUIBB    
    CARDINAL HEALTH INC    
    FOREST LABS INC    
    JOHNSON & JOHNSON    
    MCKESSON CORP    
    MEDCO HEALTH SOLUTNS    
    DANAHER CORP    
    GENERAL ELECTRIC CO    
    UNION PACIFIC CORP    
    UNITED TECHNOLOGIES    
    3M CO    
    APPLE INC    
    CISCO SYSTEMS INC    
    CORNING INC    
    HEWLETT PACKARD CO    
    IAC INTERACTIVE CORP    
    INTEL CORP    
    IBM CORP    
    MICROSOFT CORP    
    ORACLE CORP    
    TEXAS INSTUMENTS    
    INTERNATIONAL FLAVORS    
    SEALED AIR CORP    
    VERIZON COMMUNICATIONS    
    CONSTELLATION ENERGY    
    ACE LIMITED    
    PARTNERRE LTD    
    TYCO ELECTRONICS    
    TYCO INTERNATIONAL    

    TY 2011 OtherExpensesSchedule
    Name:
    THE THARPE FOUNDATION
    EIN: 58-1858404
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    FOREIGN TAXES ON INVESTMENTS 13      


    TY 2011 OtherIncomeSchedule2
    Name:
    THE THARPE FOUNDATION
    EIN: 58-1858404
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    UNITED HEALTHCARE 166   166
    SARA LEE CORP 21   21
    PIMCO COMMODITY RE 73   73
    PIMCO COMMODITY RE 306   306


    TY 2011 OtherIncreasesSchedule
    Name:
    THE THARPE FOUNDATION
    EIN: 58-1858404
    Description Amount
    CALL WRITE OPTIONS FROM PRIOR YEARS 35,862


    TY 2011 OtherLiabilitiesSchedule
    Name:
    THE THARPE FOUNDATION
    EIN: 58-1858404
    Description Beginning of Year - Book Value End of Year - Book Value
    CALL WRITE OPTIONS SOLD: @ 53   1,411
    CALL WRITE OPTIONS SOLD: @ 55   316
    CALL WRITE OPTIONS SOLD: @ 72   238
    CALL WRITE OPTIONS SOLD: @ 86   882
    CALL WRITE OPTIONS SOLD: @ 178   193
    CALL WRITE OPTIONS SOLD: @ 124   947
    CALL WRITE OPTIONS SOLD: @ 134   2,281
    CALL WRITE OPTIONS SOLD: @ 136   1,139


    TY 2011 TaxesSchedule
    Name:
    THE THARPE FOUNDATION
    EIN: 58-1858404
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX FOR 12/31/2011 120      
    ANNUAL CORPORATE REGISTRATION 125