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 EDOUARD FOUNDATION INC
 
% PHILIPPE INVESTMENT MANAGEME
Number and street (or P.O. box number if mail is not delivered to street address)C/O PHILIPPE INVESTMENT MANAGEMENTONE PENN PLAZARoom/suite
City or town, state, and ZIP code
NEW YORK, NY10119
A Employer identification number

13-3446831
B Telephone number (see page 10 of the instructions)

(212) 991-6217
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$9,354,876J 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) 0
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 157,457 157,457  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,118,493
b Gross sales price for all assets on line 6a 3,125,239
7 Capital gain net income (from Part IV, line 2)... 1,122,609
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 32,921 32,921  
12 Total. Add lines 1 through 11........ 1,308,871 1,312,987  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 5,225 5,225 0 0
c Other professional fees (attach schedule).... Click to see attachment 15,000 15,000    
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 33,557 7,557    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 875     875
23 Other expenses (attach schedule)....... Click to see attachment 80,771 80,489   282
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 135,428 108,271 0 1,157
25 Contributions, gifts, grants paid........ 517,500 517,500
26 Total expenses and disbursements. Add lines 24 and 25 652,928 108,271 0 518,657
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 655,943
b Net investment income (if negative, enter -0-) 1,204,716
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............... 82,197 17,683 17,683
2 Savings and temporary cash investments.......... 286,854 375,129 375,129
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)........ 5,880,274 Click to see attachment6,443,898 7,793,004
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment1,286,101 Click to see attachment1,354,659 Click to see attachment1,169,060
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,535,426 8,191,369 9,354,876
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......... 7,535,426 8,191,369
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 7,535,426 8,191,369
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 7,535,426 8,191,369
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 7,535,426
2 Enter amount from Part I, line 27a..................... 2 655,943
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 8,191,369
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 8,191,369
Form 990-PF (2011)
Form 990-PF (2011)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a COACH INC - 1,500 SHS P 2008-12-08 2011-01-12
b WILLIAMS COS - 4,600 SHS P 2008-10-10 2011-01-13
c METTLER-TOLEDO INTL - 140 SHS P 2008-03-05 2011-02-11
d HENRY SCHEIN INC - 1,500 SHS P 2006-02-14 2011-02-15
e DEERE & CO, INC - 2,400 SHS P 2008-07-16 2011-02-16
DEERE & CO - 300 SHS P 2008-10-03 2011-02-16
PRAXAIR INC - 3,000 SHS P 2006-02-14 2011-02-24
THOMPSON CREEK METALS - 4,000 SHS P 2009-08-07 2011-02-24
METTLER-TOLEDO INTL - 350 SHS P 2008-03-05 2011-03-04
COCA-COLA ICEEK AS - 11,800 SHS P 2010-04-08 2011-03-09
PALL CORP - 500 SHS P 2008-07-16 2011-03-14
COACH INC - 500 SHS P 2008-12-08 2011-03-15
COACH INC - 2,000 SHS P 2009-01-09 2011-03-15
PALL CORP - 1,000 SHS P 2008-07-16 2011-03-15
MONTPELIER RE HOLDINGS LTD - 8,000 SHS P 2006-02-14 2011-03-16
MONTPELIER RE HOLDINGS - 4,000 SHS   2008-02-26 2011-03-16
FED EX CORP - 850 SHS P 2005-08-10 2011-06-01
FED EX CORP - 50 SHS P 2005-08-10 2011-06-01
FED EX CORP - 500 SHS P 2008-07-30 2011-06-01
FED EX CORP - 900 SHS P 2009-01-06 2011-06-01
COCA-COLA FEMSA - 500 SHS P 2007-10-09 2011-06-24
COCA-COLA FEMSA - 1,000 SHS P 2008-10-30 2011-07-05
NALCO HOLDING CO - 1,500 SHS P 2007-12-21 2011-07-20
NALCO HOLDING CO - 4,000 SHS P 2008-01-22 2011-07-20
AVENT INC - 5,000 SHS P 2008-11-21 2011-08-10
PETSMART INC - 4,000 SHS P 2007-10-15 2011-08-18
PETSMART INC - 1,900 SHS P 2008-12-08 2011-08-18
COACH INC - 1,700 SHS P 2011-08-18 2011-09-20
EL PASO CORP - 5,500 SHS   2011-08-09 2011-10-17
GENUINE PARTS - 3,000 SHS   2006-02-14 2011-10-21
PALL CORP - 800 SHS P 2011-06-15 2011-12-12
PALL CORP - 1,600 SHS P 2011-08-08 2011-12-12
WPX ENERGY - 1 SH P 2010-09-16 2011-12-31
PALL CORP - 1,900 SHS P 2008-04-01 2011-03-15
WORLDCOM - CLASS ACTION PROCEEDS P 2010-01-01 2011-04-04
TYCO INTL - CLASS ACTION PROCEEDS   2010-01-01 2011-04-04
LUCENT TECHNOLOGIES - CLASS ACTION PROCEEDS P 2010-01-01 2011-04-04
XEROX CORP - CLASS ACTION PROCEEDS P 2010-01-01 2011-04-04
PHILIPPE FUND INTERNATIONAL   2008-01-01 2011-12-31
(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 81,409   30,760 50,649
b 122,000   67,185 54,815
c 23,140   13,440 9,700
d 102,454   71,316 31,138
e 230,135   154,597 75,538
28,767   12,558 16,209
290,013   159,849 130,164
53,656   56,268 -2,612
61,641   33,599 28,042
136,174   105,627 30,547
27,752   19,167 8,585
25,652   10,253 15,399
102,608   36,422 66,186
55,824   38,335 17,489
132,357   147,980 -15,623
66,179   65,705 474
79,479   72,128 7,351
4,675   4,243 432
46,753   39,829 6,924
84,155   57,357 26,798
45,976   22,085 23,891
93,802   31,141 62,661
53,947   34,273 19,674
143,858   76,075 67,783
135,870   60,818 75,052
164,408   120,775 43,633
78,094   34,722 43,372
103,011   79,050 23,961
133,089   95,488 37,601
171,390   128,441 42,949
45,951   42,708 3,243
91,903   69,300 22,603
12   7 5
106,066   65,850 40,216
415     415
1,520     1,520
50     50
113     113
55,662     55,662
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       50,649
b       54,815
c       9,700
d       31,138
e       75,538
      16,209
      130,164
      -2,612
      28,042
      30,547
      8,585
      15,399
      66,186
      17,489
      -15,623
      474
      7,351
      432
      6,924
      26,798
      23,891
      62,661
      19,674
      67,783
      75,052
      43,633
      43,372
      23,961
      37,601
      42,949
      3,243
      22,603
      5
      40,216
      415
      1,520
      50
      113
      55,662
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 1,122,609
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 409,255 9,030,812 0.045318
2009 352,573 7,350,153 0.047968
2008 425,000 8,074,295 0.052636
2007 518,320 10,106,906 0.051284
2006 477,500 9,296,703 0.051362
2 Total of line 1, column (d) ...................... 2 0.248568
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 0.049714
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 9,971,863
5 Multiply line 4 by line 3....................... 5 495,741
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 12,047
7 Add lines 5 and 6......................... 7 507,788
8 Enter qualifying distributions from Part XII, line 4.............. 8 518,657
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 12,047
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 12,047
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 12,047
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 16,067
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 10,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 26,067
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 14,020
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet14,020 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 addressbullet  
    14
    The books are in care ofbulletPHILIPPE INVESTMENT MANAGEMENT Telephone no.bullet (212) 991-6217
    Located atbulletONE PENN PLAZA - SUITE 1628NEW YORKNY ZIP+4bullet10119
    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
     
    No
    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
     
    No
    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
     
    No
    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
    SANDRA FINCH NGUYEN DIRECTOR
    0.0     		0    
    C/O PHILIPPE INVESTMENT MANAGEMENT
    NEW YORK,NY10119
    CHRISTOPHER FINCH PRESIDENT
    0.0     		0    
    C/O PHILIPPE INVESTMENT MANAGEMENT
    NEW YORK,NY10119
    RONALD FINCH VICE-PRESIDENT
    0     		0    
    C/O PHILIPPE INVESTMENT MANAGEMENT
    NEW YORK,NY10119
    EDWIN MARGOLIUS SECRETARY
    0     		0    
    C/O PHILIPPE INVESTMENT MANAGEMENT
    NEW YORK,NY10119
    ANDREA FINCH TREASURER
    0     		0    
    C/O PHILIPPE INVESTMENT MANAGEMENT
    NEW YORK,NY10119
    GINA AVERSA EXECUTIVE SECRETARY
    0     		0    
    C/O PHILIPPE INVESTMENT MANAGEMENT
    NEW YORK,NY10119
    ANDREA FINCH JUNIOR DIRECTOR
    0     		0    
    C/O PHILIPPE INVESTMENT MANAGEMENT
    NEW YORK,NY10119
    RHYS FINCH JUNIOR DIRECTOR
    0     		0    
    C/O PHILIPPE INVESTMENT MANAGEMENT
    NEW YORK,NY10119
    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
     
    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
     
    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  
    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
    10,029,103
    b
    Average of monthly cash balances.......................
    1b
    94,616
    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
    10,123,719
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    10,123,719
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    151,856
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,971,863
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    498,593
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    498,593
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    12,047
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    12,047
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    486,546
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    486,546
    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
    486,546
    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
    518,657
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    518,657
    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
    12,047
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    506,610
    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 7 486,546
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 0
    b Total for prior years:2009, 2008, 2007  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006....... 362,700
    b From 2007....... 37,313
    c From 2008....... 23,688
    d From 2009.......  
    e From 2010.......  
    fTotal of lines 3a through e......... 423,701
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 518,657
    a Applied to 2010, but not more than line 2a 0
    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..... 486,546
    e Remaining amount distributed out of corpus 32,111
    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 5 455,812
    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 ...........     		0
    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) .............     		362,700
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		93,112
    10 Analysis of line 9:
    a Excess from 2007.... 37,313
    b Excess from 2008.... 23,688
    c Excess from 2009....  
    d Excess from 2010....  
    e Excess from 2011.... 32,111
    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
    ST EDWARD'S UNIVERSITY
    3001 SOUTH CONGRESS AVENUE
    AUSTIN,TX78704     		N/A PUBLIC CHARITY SCHOLARSHIP FOR COLLEGE ASSISTANCE MIGRANT PROGRAMS (CAMP) 50,000
    WITTE MUSEUM
    3801 BROADWAY
    SAN ANTONIO,TX78209     		N/A PUBLIC CHARITY GENERAL PURPOSES 5,000
    GOOD SAMARITAN COMMUNITY SERVICES
    1600 SALTILLO
    SAN ANTONIO,TX78207     		N/A PUBLIC CHARITY SUMMER YOUTH DEVELOPMENT PROGRAM AND TO THE BISHOP JONES SCHOLAR'S AWARD 10,000
    SOUTHWEST SCHOOL OF ART AND CRAFT
    300 AUGUSTA
    SAN ANTONIO,TX78205     		N/A PUBLIC CHARITY YOUNG ARTIST PROGRAMS 5,000
    ZUMIX
    260 SUMNER STREET
    EAST BOSTON,MA02128     		N/A PUBLIC CHARITY GENERAL PURPOSES 5,000
    ROTARY CLUB OF SAN ANTONIO KINGDOM FOR KIDS
    110 BROADWAY - SUITE 220
    SAN ANTONIO,TX78205     		N/A PUBLIC CHARITY PLAYGROUND AT AUTISM TREATMENT CENTER OF SAN ANTONIO 5,000
    CARRIBBEAN MUSEUM CENTER FOR THE ARTS
    PO BOX 1371
    FREDERIKSTED,ST. CROIX00841
    VQ     		N/A PUBLIC CHARITY GENERAL PURPOSES 5,000
    THE WOMEN'S COALITION OF ST CROIX
    PO BOX 222734
    CHRISTIANSTED   00822-2734
    VQ     		N/A PUBLIC CHARITY GENERAL PURPOSES 5,000
    TRACY'S KIDS
    PO BOX 11551
    TAKOMA PARK,MD20912     		N/A PUBLIC CHARITY GENERAL PURPOSES 15,000
    LUTHERAN SOCIAL SERVICES OF THE VIRGIN ISLANDS IN
    516 HOSPITAL STREET
    FREDERIKSTED,ST. CROIX00840
    VQ     		N/A PUBLIC CHARITY MINI GRANTS FOR VIRGIN ISLANDS DEPARTMENT OF HUMAN SERVICES STAFF FOR CLIENT SERVICES 30,000
    UNITED WAY OF ST THOMAS-ST JOHN
    NISKY CENTER SUITE 220
    FREDERISTED,ST. CROIX00802
    VQ     		N/A PUBLIC CHARITY GENERAL PURPOSES 10,000
    COMMUNITY FOUNDATION OF THE VIRGIN ISLANDS
    PO BOX 11790
      ST. THOMAS00801
    VQ     		N/A PUBLIC CHARITY FAMILY CONNECTION CENTER INITIATIVE 15,000
    LUTHERAN SOCIAL SERVICES OF THE VIRGIN ISLANDSINC
    516 HOSPITAL STREET
    FREDERIKSTED,ST. CROIX00840
    VQ     		N/A PUBLIC CHARITY GENERAL PURPOSES 25,000
    BIG APPLE CIRCUS
    505 EITHTH AVENUE - 19TH FLOOR
    NEW YORK,NY100186505     		N/A PUBLIC CHARITY CLOWN CARE PROGRAM 10,000
    GREEN CHIMNEYS
    400 DOANSBURY ROAD
    PO BOX 719
    BREWSTER,NY105090268     		N/A PUBLIC CHARITY SEED TO TABLE PROGRAM 12,000
    KIDS IN CRISIS
    ONE SALEM STREET
    COS COB,CT06807     		N/A PUBLIC CHARITY SAFE HAVEN FOR KIDS PROGRAM 15,000
    INSTITUTE FOR RECONSTRUCTIVE PLASTIC SURGERY
    317 EAST 34TH STREET - ROOM 901
    NEW YORK,NY10016     		N/A PUBLIC CHARITY SUPPORT TREATMENT FOR SEVERLY DISFIGURED CHILDREN AND YOUNG ADULT S WHO CANNOT AFFORD MEDICAL ATTENTION 15,000
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    733 THIRD AVENUE - 3RD FLOOR
    NEW YORK,NY100173288     		N/A PUBLIC CHARITY RESEARCH 4,000
    PERSON TO PERSON
    1864 POST ROAD
    DARIEN,CT06820     		N/A PUBLIC CHARITY HARRIET T. MCCORKLE SCHOLARSHIP FUND 10,000
    ST LUKE'S LIFEWORKS
    141 FRANKLIN STREET
    STAMFORD,CT06901     		N/A PUBLIC CHARITY GENERAL OPERATING SUPPORT 4,500
    THE SEEING EYE
    PO BOX 375
    MORRISTOWN,NJ079630375     		N/A PUBLIC CHARITY GENERAL OPERATING ASSISTANCE 5,000
    THE AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY
    520 EIGHTH AVENUE - 7TH FLOOR
    NEW YORK,NY10018     		N/A PUBLIC CHARITY GENERA L PURPOSES 10,000
    WESTCHESTER JEWISH COMMUNITY SERVICES
    845 NORTH AVENUE SUITE 2
    WHITE PLAINS,NY10603     		N/A PUBLIC CHARITY SENIOR CITIZENS PROGRAM AT THE SINAI FREE SYNAGOGUE 5,000
    FRIENDS OF MAN
    5594 SOUTH PRINCE STREET
    LITTLETON,CO801201126     		N/A PUBLIC CHARITY GENERAL PURPOSES 5,000
    SIANI FREE SYNAGOGUE
    550 NORTH COLUMBUS AVENUE
    MOUNT VERNON,NY10552     		N/A PUBLIC CHARITY SOCIAL ACTION PROGRAMS 5,000
    CONGREGATION KOL HA NESHAMA
    1621 CLOWER CREEK DRIVE
    SARASOTA,FL34231     		N/A PUBLIC CHARITY SOCIAL ACTION AND EDUCATIONAL PROGRAMS IN MEMORY OF CHARLES AND ARLENE SILBERMAN 2,500
    BE THE MATCH (THE MARROW FOUNDATION)
    3001 BROADWAY STREET NE - SUITE
    MINNEAPOLIS,MN554131753     		N/A PUBLIC CHARITY AMY STRELZER MANESEVIT RESEARCH PROGRAM FOR THE STUDY OF POST-TRANSPLANT COMPLICATIONS 5,000
    POST-POLIO HEALTH
    4207 LINDELL BOULEVARD - 110
    ST LOUIS,MO631082930     		N/A PUBLIC CHARITY GENERAL PURPOSES 5,000
    NATIONAL JEWISH HEALTH
    271 MADISON AVENUE - 19TH FLOOR
    NEW YORK,NY10016     		N/A PUBLIC CHARITY MAURICE AUSTIN RESEARCH FUND 5,000
    DOCTORS WITHOUT BORDERS
    333 SEVENTH AVENUE - 2ND FLOOR
    NEW YORK,NY10001     		N/A PUBLIC CHARITY GENERAL PURPOSES 10,000
    HAITI COMMUNITY SUPPORT
    PO BOX 696
    FREDERIKSTED   00841
    VQ     		N/A PUBLIC CHARITY GENERAL PURPOSES 5,000
    AMERICAN JEWISH WORLD SERVICE
    45 WEST 36TH STREET
    NEW YORK,NY10018     		N/A PUBLIC CHARITY DISASTER RELIEF AS A RESULT OF HURRIANCE IRENE 4,000
    HUMANE EDUCATION ADVOCATES REACHING TEACHERS
    PO BOX 738
    MAMARONECK,NY10543     		N/A PUBLIC CHARITY HUMANE LIVING PROGRAM 4,500
    LUTHERAN SOCIAL SERVICES OF THE VIRGIN ISLANDS
    516 HOSPITAL STREET
    FREDERIKSTED   00840
    VQ     		N/A PUBLIC CHARITY PROJECT HOMELESS CONNECT - SHOES FOR THE HOMELESS INITIATIVE 5,000
    AMERICAN FRIENDS OF THE JORDON RIVER VILLAGE
    228 PARK AVENUE SOUTH
    NEW YORK,NY10003     		N/A PUBLIC CHARITY CAPITAL PROJECTS 5,000
    BECOMING APPARENT INC
    8930 FOUR WINDS DRIVE - SUITE 335
    SAN ANTONIO,TX78239     		N/A PUBLIC CHARITY GENERAL OPERATING FUND 2,500
    CAMP SUMMIT
    172 CAMPBELL ROAD - SUITE 180-W
    DALLAS,TX75252     		N/A PUBLIC CHARITY CAMPING PROGRAM 10,000
    AUSTIN COMMUNITY FOUNDATION
    4315 GUADALUPE STREET - SUITE 300
    AUSTIN,TX78751     		N/A PUBLIC CHARITY CENTRAL TEXAS WILDFIRE FUND 10,000
    JEWS FOR RACIAL AND ECONOMIC JUSTICE
    666 BROADWAY - SUITE 500
    NEW YORK,NY10012     		N/A PUBLIC CHARITY GENERAL OPERATING FUNDS 10,000
    LAS CASAS FOUNDATION
    PO BOX 15873
    SAN ANTONIO,TX78212     		N/A PUBLIC CHARITY GENERAL FUNDING/SCHOLARSHIPS 5,000
    LUTHERAN SOCIAL SERVICES OF THE VIRGIN INSLANS INC
    516 HOSPITAL STREET
    FREDERIKSTED   00840
    VQ     		N/A PUBLIC CHARITY TRAINING FOR GOVERNMENT AND NON-PROFIT LEADERS - KENNEDY SCHOOL OF GOVERNMENT 7,500
    MARK PROJECT INC
    BOX 516
    ARKVILLE,NY12406     		N/A PUBLIC CHARITY GNERAL RELIEF FROM THE FLOODING OF HURRICANE IRENE IN THE MARGAETVILLE/ARKVILLE AREA 10,000
    MIRIAM'S KITCHEN
    2401 VIRGINIA AVENUE NW
    WASHINGTON,DC20037     		N/A PUBLIC CHARITY GENERAL PURPOSES 10,000
    MUSUEM AT ELDRIDGE STREET
    12 ELDRIDGE STREET
    NEW YORK,NY10002     		N/A PUBLIC CHARITY EDUCATIONAL PROGRAMS 7,500
    OPEN ARMS FOR CHILDREN
    PO BOX 2198
    LITCHFIELD PARK,AZ85340     		N/A PUBLIC CHARITY GENERAL OPERATING FUNDS 45,000
    PROJECT CREATE
    2401 VIRIGINA AVENUE NW
    WASHINGTON,DC200372636     		N/A PUBLIC CHARITY GENERAL PURPOSES 10,000
    ROTARY CLUB OF ST THOMAS SUNRISE
    PO BOX 302757
      ST. THOMAS00803
    VQ     		N/A PUBLIC CHARITY MY BROTHERS WORKSHOP INITIATIVE - FUTURE ASSESSMENT & PLAN 7,500
    SAN ANTONIO AIDS FOUNDATION
    818 EAST GRAYSON
    SAN ANTONIO,TX78208     		N/A PUBLIC CHARITY GENERAL OPERATIONS 3,000
    SAN ANTONIO CONSERVATION SOCIETY
    107 KING WILLIAM STREET
    SAN ANTONIO,TX78204     		N/A PUBLIC CHARITY HERITAGE EDUCATION TOURS PROGRAM 3,000
    SAN ANTONIO MUSUEM OF ART
    200 WEST JONES AVENUE
    SAN ANTONIO,TX78215     		N/A PUBLIC CHARITY FIRST FAMILIES FOR SUNDAYS 5,000
    SAN ANTONIO SYMPHONY
    130 E TRAVIS STREET - SUITE 550
    SAN ANTONIO,TX78205     		N/A PUBLIC CHARITY EDUCATION INITIATIVES 10,000
    VH1 SAVE THE MUSIC FOUNDATION
    1515 BROADWAY - 20TH FLOOR
    NEW YORK,NY10036     		N/A PUBLIC CHARITY GENERAL PURPOSES 10,000
    TEXAS PARKS AND WILDLIFE FOUNDATION
    1901 N AKARD STREET
    DALLAS,TX75201     		N/A PUBLIC CHARITY BASTROP STATE PARK 10,000
    THE ARC OF SAN ANTONIO
    1334 WEST AVENUE
    SAN ANTONIO,TX78216     		N/A PUBLIC CHARITY GENERAL SUPPORT 2,500
    WEST END SYNAGOGUE
    190 AMSTERDAM AVENUE
    NEW YORK,NY10023     		N/A PUBLIC CHARITY SOCIAL ACTION AND EDUCATIONAL PROGRAMS IN MEMORY OF CHARLES AND ARLENE SILBERMAN 2,500
    Total .................................bullet 3a 517,500
    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    
    4 Dividends and interest from securities....     14 157,457  
    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 1,118,493  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aPARTNERSHIP INCOME     14 32,921  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,308,871  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,308,871
    (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 EDOUARD FOUNDATION INC
    EIN: 13-3446831
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ELAINE KATZ, CPA 5,225 5,225    

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

    TY 2011 DepreciationSchedule
    Name:
    THE EDOUARD FOUNDATION INC
    EIN: 13-3446831
    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

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    THE EDOUARD FOUNDATION INC
    EIN: 13-3446831
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACTUANT CORP CLASS A 130,525 217,824
    EL PASO CORP 95,488 146,135
    AVENT INC    
    BANCO LATINAMERICANO DE COM 114,120 112,350
    BROKFIELD RESIDENTIAL 188,495 139,440
    CHEVRON CORP 131,175 148,960
    CITIGROUP INC 241,427 141,548
    COACH INC    
    COCA COLA FEMSA SAB    
    COMPASS MINERALS 149,128 227,205
    DEERE & CO 92,076 131,495
    EXXON MOBIL CORP 36,542 211,900
    FEDEX CORP    
    FREEPORT MCMORAN COPPER 147,747 128,765
    GALLAGHER ARTHUR 150,601 257,488
    GENUINE PARTS 88,955 128,520
    HENRY SCHEIN INC 95,088 128,860
    ITT CORP 40,326 33,827
    IBM CORP 74,777 312,596
    LIFE TECHNOLOGIES CORP 122,676 206,223
    METTLER TOLEDO 48,959 75,332
    MONTPELIER RE    
    NALCO HOLDING CO    
    NEW YORK TIMES CLASS A 253,749 205,618
    PALL CORP 93,363 125,730
    PENTAIR INC 214,464 199,740
    PETSMART INC    
    PLUM CREEKTIBER 216,872 205,650
    PRAXAIR INC    
    PROCTOR & GAMBLE 62,316 120,078
    RPM INTL 192,377 240,590
    SPX CORP 121,521 150,675
    SHERWIN-WILLIAMS 155,952 241,029
    THERMO FISHER SCIENTIFIC 164,767 215,856
    THOMPSON CREEK METALS    
    UNILEVER NY 43,659 144,354
    WPP PLC ADR 78,691 154,079
    WESTERN UNION 193,849 217,294
    WILLIAMS COS 95,505 194,818
    AIR PRODUCTS & CHEMICALS 192,358 234,272
    AIRGAS INC., COMMON 74,161 93,696
    ALEXANDER & BALDWIN 77,915 89,804
    BROOKFIELD ASSET MANAGEMENT 185,510 208,848
    BROOKFIELD PPTYS CORP 182,219 161,092
    CITIGROUP INC    
    COCA COLA ICECK AS    
    EMBOTELL ANDINA CLASS B 141,233 156,180
    SENIOR HOUSING PPTYS 203,608 206,448
    SIMPSON MANUFACTURING 139,986 178,398
    URBAN OUTFITTERS INC 212,405 187,408
    EXELIS INC 48,939 31,675
    HOME DEPOT 116,916 168,160
    HOWARD HUGHES CORP 82,572 83,923
    HUBBELL INCL CLASS B 229,890 247,382
    LI & FUNG LTD ORD 125,698 96,278
    LITTLEFUSE INC 78,708 81,662
    PATTERSON COMPANIES 214,182 197,784
    REGIONS FINCNCIAL GROUP 181,094 116,100
    XYLEM INC 121,314 89,915

    TY 2011 LandEtcSchedule2
    Name:
    THE EDOUARD FOUNDATION INC
    EIN: 13-3446831
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value


    TY 2011 OtherAssetsSchedule
    Name:
    THE EDOUARD FOUNDATION INC
    EIN: 13-3446831
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PHILIPPE FUND INTERNATIONAL 1,286,101 1,354,659 1,169,060


    TY 2011 OtherExpensesSchedule
    Name:
    THE EDOUARD FOUNDATION INC
    EIN: 13-3446831
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 64,982 64,982    
    BANK FEES 25 25    
    BANK FEES 93 93   282
    ANNUAL BOARD MEETING 282      
    PHILIPPE FUND INTERNATIONAL 15,389 15,389    


    TY 2011 OtherIncomeSchedule2
    Name:
    THE EDOUARD FOUNDATION INC
    EIN: 13-3446831
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PHILIPPE FUND INTERNATIONAL 32,921 32,921  
    PARTNERSHIP INCOME      


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    THE EDOUARD FOUNDATION INC
    EIN: 13-3446831
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BOOKKEEPING SERVICES 15,000 15,000    


    TY 2011 TaxesSchedule
    Name:
    THE EDOUARD FOUNDATION INC
    EIN: 13-3446831
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN WITHHOLDING TAX 7,557 7,557    
    EXCISE TAX 26,000