TY 2011 Form 990PF

- TIN:

Form990-PF
Click to see attachment

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

Check all that apply:Initial returnInitial return of a former public charityFinal return

Amended returnAddress changeName change

Name of foundation
The Brunckhorst Foundation

Number and street (or P.O. box number if mail is not delivered to street address)6800 Jericho Turnpike Room/suite

City or town, state, and ZIP code
Syosset, NY11791

A Employer identification number

23-7000850

B Telephone number (see page 10 of the instructions)

(516) 496-9195

C If exemption application is pending, check here bullet

D 1. Foreign organizations, check here . bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation 2. Foreign organizations meeting the 85% test,
check here and attach computation bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$67,127,616J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

E If private foundation status was terminated
under section 507(b)(1)(A), check here bullet

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here bullet

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	5,340,000
2	Check
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	3,149,656		3,149,656
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-433,671
b	Gross sales price for all assets on line 6a 13,811,868
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).......
12	Total. Add lines 1 through 11........	8,055,985		3,149,656
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see page 14 of the instructions)		264,054
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		1,696	71	1,625
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	265,750		71	1,625
25	Contributions, gifts, grants paid........	3,332,000			3,332,000
26	Total expenses and disbursements. Add lines 24 and 25	3,597,750		71	3,333,625
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	4,458,235
b	Net investment income (if negative, enter -0-)			3,149,585
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	28,398	76,697	76,697
	2	Savings and temporary cash investments..........	267,760	608,896	608,896
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........	48,728	234,674	234,674
	10a	Investments—U.S. and state government obligations (attach schedule)	1,221,070	1,317,010	1,384,200
	b	Investments—corporate stock (attach schedule)........	7,230,029	10,175,339	10,205,611
	c	Investments—corporate bonds (attach schedule)........	50,689,843	50,386,665	50,931,986
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	2,556,940	3,701,722	3,685,552
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	62,042,768	66,501,003	67,127,616
	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 )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	62,042,768	66,501,003
	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)....................	62,042,768	66,501,003
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	62,042,768	66,501,003

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	62,042,768
2	Enter amount from Part I, line 27a.....................	2	4,458,235
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	66,501,003
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	66,501,003

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	Templeton Global Bd Fd	P	2010-02-03	2011-12-15
b	Aberdeen Chile FD Inc	P	2010-10-11	2011-01-28
c	300,000 Wells Fargo Global Notes-4.875%,1/12/11	P	2006-09-15	2011-01-12
d	250,000 Wal-Mart Stores-4.125%,2/15/11	P	2007-03-03	2011-02-15
e	200,000 United Healthcare Grouip-5.25%,3/15/11	P	2008-01-04	2011-03-15
	200,000 SBC Communications-5.875%,2/01/12	P	2011-03-28	1989-01-12
	300,000 Royal Bank Canada-5.65%,7/20/11	P	2008-04-01	2011-07-20
	200,000 National City Bank-4%,2/01/11	P	2009-02-18	2011-02-01
	200,000 MetLife-6.4%,12/15/36	P	2010-03-31	2011-10-20
	270,000 Merck & Co-5.125%,11/15/11	P	2007-09-28	2011-11-15
	200,000 Marathon Oil-6.5%,2/15/14	P	2009-03-17	2011-03-18
	200,000 Key Bank NA-7%,2/01/11	P	2008-04-03	2011-01-01
	100,000 JP Morgan Chase-4.6%,2/01/11	P	2007-05-01	2011-01-18
	900,000 HSBC Finance Corp-5.25%,1/14/11	P	2006-05-02	2011-01-14
	250,000 Hershey Co Notes-5.3%,9/1/11	P	2007-01-05	2011-09-01
	175,000 Hartford Life Global Notes-5.2%,2/15/11	P	2008-01-14	2011-05-15
	708,000 Hartford Fin'l services-5.25%,10/15/11	P	2007-10-18	2011-10-17
	300,000 Goldman Sachs Group-5%,1/15/11	P	2006-12-28	2011-01-18
	65,000 GE Capital Corp-4.15%,6/15/11	P	2007-12-28	2011-06-15
	1,000,000 FPL Group Capital-5.625%,9/1/11	P	2007-10-18	2011-09-01
	150,000 Credit Suisse FB USA-5.5%,8/16/11	P	2008-09-22	2011-08-16
	200,000 Citigroup Inc Notes-5.1%,9/29/11	P	2008-08-29	2011-09-29
	500,000 Cisco Systems-5.25%,2/22/11	P	2006-12-29	2011-02-22
	300,000 Chubb Corp-6%,11/15/11	P	2007-11-21	2011-11-15
	200,000 AT&T-7.3%,11/15/11	P	2008-01-04	2011-11-11
	200,000 American Int'l Group-5.375%,10/18/11	P	2008-01-07	2011-10-18
	200,000 American Express-5.25%,11/21/11	P	2007-10-29	2011-11-21
	150,000 Aetna Inc Notes-5.75%,6/15/11	P	2007-11-21	2011-06-15
	200,000 Abbott Labs-5.6%,5/15/11	P	2007-11-09	2011-05-16
	600,000 Abbott Labs-3.75%,3/15/11	P	2007-11-27	2011-03-15
	5,000 ING Groep NV-Pfd 8.5%	P	2008-06-10	2011-06-16
	5,000 ING Groep NV -Pfd 7.35%	P	2008-05-22	2011-06-16
	24,000 Windstream Corp	P	2010-09-02	2011-08-03
	2,500 Westpac Banking	P	2011-02-07	2011-08-01
	5,000 Total Fina Elf SA	P	2010-10-18	2011-08-01
	3,000 Toronto Dominion Bank	P	2011-02-04	2011-08-03
	3,500 Southern Copper Corp	P	2010-11-04	2011-05-03
	9,000 Seadrill Ltd	P	2010-09-15	2011-08-04
	2,000 PPL Corp	P	2010-09-15	2011-02-01
	8,000 Pitney Bowes Inc	P	2011-02-10	2011-06-16
	11,000 Pfizer inc	P	2010-09-02	2011-08-02
	11,000 New York Community Bank	P	2010-09-02	2011-04-20
	3,700 Merck & Co	P	2010-09-02	2011-02-07
	10,000 General Electric	P	2011-02-08	2011-08-05
	5,000 General Electric	P	2011-02-07	2011-08-02
	3,500 Exxon Mobil Corp	P	2011-02-08	2011-08-05
	3,000 Eli Lilly & Co	P	2011-05-16	2011-07-05
	6,000 Du Pont EI Nemours	P	2011-02-02	2011-08-05
	3,000 Conoco Phillips	P	2011-03-17	2011-08-04
	4,000 Bristol Myers Squibb	P	2010-12-06	2011-04-01
	5,000 BP PLC	P	2011-01-03	2011-08-02
	1,300 Blackrock Inc	P	2011-02-24	2011-08-01
	10,000 BCE Inc	P	2010-09-02	2011-08-05
	5,000 Bank of Nova Scotia	P	2011-02-02	2011-08-05
	5,000 Bank of Montreal	P	2010-11-10	2011-08-05
	5,500 Altria Group Inc	P	2010-09-02	2011-04-20
	482 Aberdeen Chile FD Inc	P	2011-01-28	2011-02-01
	6,000 Aberdeen Chile FD Inc	P	2010-10-11	2011-01-05

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	4,337		4,337
b	9,955		9,955
c	300,000	300,000
d	250,000	250,000
e	200,000	200,000
	201,982	200,545	1,437
	300,000	300,000
	200,000	200,000
	183,000	179,605	3,395
	270,000	270,000
	227,194	206,350	20,844
	200,000	200,000
	100,000	100,000
	900,000	900,000
	250,000	250,000
	175,000	175,000
	708,000	708,000
	300,000	300,000
	65,000	65,000
	1,000,000	1,000,000
	150,000	150,000
	200,000	200,000
	500,000	500,000
	300,000	300,000
	201,302	200,566	736
	200,000	200,000
	200,000	200,000
	150,000	150,000
	200,000	200,000
	600,000	600,000
	125,282	125,000	282
	119,907	126,260	-6,353
	278,878	312,448	-33,570
	277,982	313,563	-35,581
	262,321	284,713	-22,392
	227,623	241,604	-13,981
	122,032	158,984	-36,952
	281,339	268,078	13,261
	50,254	54,988	-4,734
	178,869	207,448	-28,579
	203,188	187,851	15,337
	176,562	188,088	-11,526
	120,049	134,124	-14,075
	161,127	210,177	-49,050
	86,044	105,461	-19,417
	252,375	295,584	-43,209
	110,578	119,620	-9,042
	276,390	322,735	-46,345
	204,795	234,183	-29,388
	104,986	105,029	-43
	218,579	231,688	-13,109
	228,203	262,975	-34,772
	355,253	357,582	-2,329
	280,047	300,638	-20,591
	287,320	306,895	-19,575
	141,985	132,140	9,845
	9,442	9,934	-492
	124,688	142,683	-17,995

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			4,337
b			9,955
c
d
e
			1,437


			3,395

			20,844













			736





			282
			-6,353
			-33,570
			-35,581
			-22,392
			-13,981
			-36,952
			13,261
			-4,734
			-28,579
			15,337
			-11,526
			-14,075
			-49,050
			-19,417
			-43,209
			-9,042
			-46,345
			-29,388
			-43
			-13,109
			-34,772
			-2,329
			-20,591
			-19,575
			9,845
			-492
			-17,995

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-433,671
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 . . . . . . . . . . . . .		3	-456,912

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? Yes No

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	3,227,534	61,439,803	0.05253
2009	2,830,998	57,498,821	0.04924
2008	2,801,000	55,261,303	0.05069
2007	2,425,750	47,999,745	0.05054
2006	2,000,750	42,162,635	0.04745

2	Total of line 1, column (d) ......................	2	0.25044
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	0.05009
4	Enter the net value of noncharitable-use assets for 2011 from Part X, line 5.....	4	66,926,755
5	Multiply line 4 by line 3.......................	5	3,352,294
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	31,496
7	Add lines 5 and 6.........................	7	3,383,790
8	Enter qualifying distributions from Part XII, line 4..............	8	3,333,625
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)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	62,992
	hereand 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	62,992
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	62,992
6	Credits/Payments:

a	2011 estimated tax payments and 2010 overpayment credited to 2011	6a	98,728
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	98,728
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	35,736
11	Enter the amount of line 10 to be: Credited to 2012 estimated tax35,736	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of

the instructions for definition)?............................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If “Yes,” attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

Yes

If “Yes,” has it filed a tax return on Form 990-T for this year?...................

Yes

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If “Yes,” attach the statement required by General Instruction T.

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?................

Yes

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.

Yes

Enter the states to which the foundation reports or with which it is registered (see page 19 of the

instructions) bullet

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 .

Yes

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..........................

Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.

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) .......

Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

Richard Kandel Telephone no. bullet

(516) 496-9195

Located at bullet

6800 Jericho Turnpike-Suite 206ESyossetNY ZIP+4 bullet

11791

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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? .................

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)

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?.........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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)?...

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?.............

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)):

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?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

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.) .........

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business

enterprise at any time during the year?.....................YesNo

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.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(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)...YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)?

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If “Yes,” attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay

premiums on a personal benefit contract?....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If “Yes” to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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
Richard Todd Stravitz	Trustee 0.00	0
301 West Drive Circle Richmond,VA23229	Trustee 0.00	0
Barbara Brunckhorst	Trustee 10.00	0
7960 Sanderling Road Sarasota,FL34242	Trustee 10.00	0
Frank Brunckhorst III	Trustee 0.00	0
1400 Ladue Lane Sarasota,FL34231	Trustee 0.00	0

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...................

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)

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.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

66,716,321

Average of monthly cash balances.......................

1,229,623

Fair market value of all other assets (see page 24 of the instructions)............

Total (add lines 1a, b, and c).........................

67,945,944

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

67,945,944

Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25

of the instructions) ...........................

1,019,189

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

66,926,755

Minimum investment return. Enter 5% of line 5..................

3,346,338

Part XI

Distributable Amount (see page 25 of the instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

3,346,338

Tax on investment income for 2011 from Part VI, line 5......

62,992

Income tax for 2011. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

62,992

Distributable amount before adjustments. Subtract line 2c from line 1............

3,283,346

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

3,283,346

Deduction from distributable amount (see page 25 of the instructions)...........

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

line 1................................

3,283,346

Part XII

Qualifying Distributions (see page 25 of the instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

3,333,625

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

3,333,625

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)............

Adjusted qualifying distributions. Subtract line 5 from line 4..............

3,333,625

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)

Page 8

Part XIII

Undistributed Income (see page 26 of the instructions)

	(a) Corpus	(c) 2010	(d) 2011
1 Distributable amount for 2011 from Part XI, line 7			3,283,346
2 Undistributed income, if any, as of the end of 2011:
a Enter amount for 2010 only.......		1,089,315
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2011:
a From 2006.......
b From 2007.......
c From 2008.......
d From 2009.......
e From 2010.......
fTotal of lines 3a through e.........
4Qualifying distributions for 2011 from Part
XII, line 4: $ 3,333,625
a Applied to 2010, but not more than line 2a		1,089,315
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)...	0
d Applied to 2011 distributable amount.....			2,244,310
e Remaining amount distributed out of corpus
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
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 ..........			1,039,036
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 ......
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....

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

Barbara Brunckhorst

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see page 28 of the instructions) to individuals or organizations
under other conditions, complete items 2a, b, c, and d.

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
Conservation Fund 224 Dantura Street West Palm Beach,FL33401	N/A	Public	General Purpose	175,000
Conservation Foundation of Gulf Coa 400 Palmetto Avenue Osprey,FL34229	N/A	Public	General Purpose	52,000
Sierra Club Foundation 111 2nd Ave-Ste 14 St Petersburg,FL33701	N/A	Public	General Purpose	400,000
Suncoast Seabird Sanctuary 18328 Gulf Blvd Indian Shores,FL33785	N/A	Public	General Purpose	75,000
Nature Conservancy 490 Westfield Road Charlottesville,VA22901	N/A	Public	General Purpose	350,000
Natural Resources Defense Council 40 West 20th Street New York,NY10011	N/A	Public	General Purpose	175,000
National Wildlife Foundation 11100 Wildlife Center Drive Reston,VA20190	N/A	Public	General Purpose	50,000
American Rivers 1101 14th Street NW-Ste 1400 Washington,DC20005	N/A	Public	General Purpose	175,000
Tri County Humane Society 21287 Boca Rio Road Boca Raton,FL33433	N/A	Public	General Purpose	100,000
Earth Justice 426 17th Street-6th Fl Oakland,CA94612	N/A	Public	General Purpose	175,000
NY Foundling Hospital 590 Ave of the Americas New York,NY10011	N/A	Public	General Purpose	20,000
Humane Society of Sarasota County 2331 15th Street Sarasota,FL34237	N/A	Public	General Purpose	60,000
Riverside School 2110 McRae Road Richmond,VA23235	N/A	Public	General Purpose	50,000
Environmental Defense Fund 257 Park Ave So New York,NY10010	N/A	Public	General Purpose	200,000
Center for Reproductive Rights 120 Wall Street New York,NY10005	N/A	Public	General Purpose	200,000
Conservation Fund 1655 N Fort Myers Dr-Ste 1300 Arlington,VA22209	N/A	Public	General Purpose	175,000
SPCA of Richmond 2519 Hermitage Road Richmond,VA23220	N/A	Public	General Purpose	100,000
Chesapeake Bay Foundation 6 Herndon Avenue Annapolis,MD21403	N/A	Public	General Purpose	200,000
So Environmental Law Ctr 201 West Main St-Ste 14 Charlottesville,VA22902	N/A	Public	General Purpose	200,000
Planned Parenthood 736 Central Ave Sarasota,FL34236	N/A	Public	General Purpose	200,000
Sierra Club Foundation 422 E Franklin St Richmond,VA23219	N/A	Public	General Purpose	200,000
Total ................................. 3a				3,332,000

bApproved for future payment

Total ................................. 3b

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
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3Interest on savings and temporary cash investments
4 Dividends and interest from securities....			14	3,149,656
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	-433,671
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				2,715,985

13Total. Add line 12, columns (b), (d), and (e)..................

132,715,985

(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.	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)

Page 12

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section

Yes

501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

If “Yes,” complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

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.

	Signature of officer or trustee	Date	Title

Preparer's Signature	Date	Check if self- employed	PTIN
Firm's name Firm's address		Firm's EIN
		Phone no.

Form 990-PF (2011)

Additional Data

Software ID:	11000144
Software Version:	2011v1.2

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

OMB No. 1545-0047

2011

Name of organization

The Brunckhorst Foundation

Employer identification number

23-7000850

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II.

Special Rules

For a section 501(c)(3) organization filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), and received from any one contributor, during the year, a contribution of the
greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For a section 501(c)(7), (8), or (10) organization filing Form 990, or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 for use exclusively for religious, charitable,
scientific, literary, or educational purposes, or the prevention of cruelty to children or animals. Complete Parts I, II, and
III.

For a section 501(c)(7), (8), or (10) organization filing Form 990, or 990-EZ that received from any one contributor,
during the year, contributions for use exclusively for religious, charitable, etc., purposes, but these contributions did
not total to more than $1,000. If this box is checked, enter here the total contributions that were received during
the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule
applies to this organization because it received nonexclusively religious, charitable, etc., contributions of $5,000 or more
during the year. ......................... Arrow Bullet

Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on Part I, line 2, of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2011)

Page 2

Name of organization The Brunckhorst Foundation
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
Part I	Contributors (see Instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	Barbara Brunckhorst 2010 Trust 7960 Sanderling Road Sarasota, FL 34242	$740,000	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	Barbara Brunckhorst 7960 Sanderling Road Sarasota, FL 34242	$4,600,000	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Page 3

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

Page 4

Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Name of organization
The Brunckhorst Foundation

Employer identification number

23-7000850

Part III

Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet

$
Use duplicate copies of Part III if additional space is needed

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Additional Data

Software ID:	11000144
Software Version:	2011v1.2

- TIN:

TY 2011 InvestmentsCorpBondsSchedule

Name:

The Brunckhorst Foundation

EIN: 23-7000850

Software ID:11000144

Software Version:2011v1.2

Name of Bond	End of Year Book Value	End of Year Fair Market Value
Credit Suisse FB USA-6%,2/15/18	728,535	673,718
Weyerhaeuser-7.375%,10/1/19	111,800	112,667
UBS AG Stamford-5.75%,4/25/18	107,503	103,870
Transocean-6.5%,11/15/20	115,380	103,100
Royal Bank of Scotland-5.65%,8/24/20	103,002	95,913
Protective Life-6.4%,1/15/18	109,019	114,490
Pitney Bowes-5.6%,3/15/18	212,736	207,140
Pitney Bowes-4.75%,5/15/18	201,529	199,196
Peabody Morris-6.5%,9/15/20	98,949	94,500
Nokia Corp-5.375%,5/15/19	102,942	101,500
Nationwide Fin'l-6.75%,5/15/67	174,000	173,000
Morgan Stanley-5.95%,12/28/17	323,042	285,822
Morgan Stanley-5.625%,9/23/19	213,404	185,216
Moody's Corp-5.5%,9/1/20	108,114	103,309
Merrill Lynch-5.7%,5/2/17	209,000	183,678
Lorillard Tobacco Settle-6.875%,5/1/20	224,715	223,488
Lloyds TSB Bank-4.875%.1/21/16	100,808	98,765
Lincoln National Corp-6.25%,2/15/20	111,480	107,743
Key Bank NA-4.625%,6/15/18	99,632	99,458
JP Morgan Chase-6.3%,4/23/19	114,316	113,264
Jefferies Group-5.125%,4/13/18	103,062	88,000
Jabil Circuit Inc-5.625%,12/15/20	201,420	203,500
International Paper	252,156	259,892
HSBC Finance Corp-5%,9/27/20	103,611	94,501
Hartford Fin'l Services-6.3%,3/15/18	108,664	105,306
Goldman Sachs Group-6.15%,4/1/18	332,374	309,627
GE Capital Corp-5.625%,5/1/18	108,918	112,000
Ford Motor Credit-5%,5/15/18	202,993	200,518
Fifth Third Bank-4.5%,6/1/18	53,260	53,136
Credit Suisse FB USA-5.4%,1/14/20	132,670	117,138
Credit Suisse FB USA-5.3%,8/13/19	210,446	204,800
Credit Suisse FB USA-4.375%,8/5/20	305,498	294,141
Computer Science-6.5%,3/15/18	110,805	98,000
Citigroup Inc-5.5%,2/15/17	105,419	100,755
Barclays Bank-6.75%,5/22/19	221,847	221,520
Barclays Bank-5.14%,10/14/20	96,857	86,470
Barclays Bank-5.125%,1/8/20	311,068	308,166
Bank of America-6.4%,8/15/19	220,841	189,316
Bank of America-5.65%,5/1/18	213,650	190,550
American Int'l Group-5.85%,1/16/18	373,309	342,303
Alcoa Inc-6.75%,7/15/18	218,304	220,778
ABN AMRO Bank NV-4.65%,6/4/18	201,324	170,020
Wachovia Bank-5.625%,10/15/16	105,455	108,870
Wachovia Bank-5%,8/15/15	413,649	416,704
Wachovia Bank-4.875%,2/1/15	206,912	211,912
Vodafone Group-5%,9/15/15	210,532	223,950
UBS AG Stamford-5.875%,7/15/16	207,882	199,382
UBS AG Stamford-3.875%,1/15/15	301,892	297,855
Transatlantic HL-5.75%,12/15/14	181,429	184,839
Suntrust Banks-5.45%,12/1/17	285,549	292,988
Simon Properties Group-5.75%,12/1/15	212,837	223,754
PPL Energy Supply-6.2%,5/15/16	160,781	167,292
Nationwide Fin'l-5.625%,2/13/15	155,881	158,571
MS Step Up-5%,6/11/25	300,000	295,500
Morgan Stanley-5.95%,12/28/17
Morgan Stanley-5.75%,10/18/16	317,786	292,176
Morgan Stanley-5.55%,4/27/17	104,635	96,481
MetLife-6.4%,12/15/36
Merrill Lynch Co-6.4%,8/28/17	105,633	96,830
Merrill Lynch Co-6.05%,5/16/16	472,420	424,152
Merrill Lynch Co-5%,1/15/15	206,240	192,668
MBNA Corp Sr Notes-5%,6/15/15	409,192	386,480
Key Bank NA-5.45%,3/3/16	103,649	107,619
Key Bank NA-4.95%,9/15/15	202,512	210,406
JP Morgan Chase-5.15%,10/1/15	498,758	504,155
Goldman Sachs Group-5.625%,1/15/17	209,435	196,118
Goldman Sachs Group-5.125%,1/15/15	209,107	204,422
Genworth Fin'l-4.95%,10/1/15	347,008	334,005
GE Capital Corp-5.5%,8/15/15	84,255	83,955
GE Capital Corp-4.375%,9/21/15	409,467	430,288
Ford Motor Credit-7%,4/15/15	106,855	107,500
Ford Motor Credit-6.625%,8/15/17	318,268	326,568
Ford Motor Credit-5.625%,9/15/15	101,534	103,495
Dresdner Bank	540,718	442,825
Donnelley RR-6.125%,1/15/17	208,319	186,000
Countrywide Fin'l-6.25%,5/15/16	107,514	94,213
Compass Bank-6.4%,10/1/17	266,853	249,755
Comerica Bank-5.75%,11/21/16	309,971	328,788
Comcast Corp-5.85%,11/15/15	217,012	227,546
Citigroup Inc-6.01%,1/15/15	181,235	182,824
Citigroup Inc-4.875%,5/7/15	475,344	474,110
Capital One Fin'l-5.5%,6/1/15	105,290	108,574
Berkley WR Corp-5.6%,5/15/15	103,852	106,089
BB &T Corp-5.2%,12/23/15	145,956	149,884
Barclays Bank-5%,9/22/16	404,437	415,680
Bankers Trust NY-7.5%,11/15/15	109,244	106,695
Bank of America-6.1%,6/15/17	323,613	282,273
Bank of America-5.625%,10/14/16	104,267	95,938
Bank of America-5.42%,3/15/17	363,347	315,774
Bank of America-5.35%,9/15/15	61,827	57,402
Bank of America-5.75%,8/15/16	212,088	185,746
Bank of America-5.3%,3/15/17	516,983	450,955
American Int'l Group-5.6%,10/16/16	150,955	144,576
American Int'l Group-5.45%,5/18/17	100,941	95,564
Western Union Co-6.5%, 2/26/14	165,804	174,854
Wells Fargo Co-4.95%, 10/16/13	295,301	314,874
Well Point Inc-6%, 2/15/14	719,635	762,972
Walt Disney Co-4.5%, 12/15/13	172,936	182,985
Wachovia Bank-5.25%, 8/1/14	201,309	210,954
Wachovia Bank-4.8%, 11/1/14	483,695	525,405
US Bank NA Notes-4.95%, 10/30/14	354,378	380,380
United Healthcare Group-5%, 8/15/14	253,103	272,280
Unilever Capital-3.65%, 2/15/14	100,862	106,436
Tyco Int'l Group-6%, 11/15/13	204,883	216,940
Staples Inc-9.75%, 1/15/14	66,279	68,608
SBC Communications-5.1%, 9/15/14	101,910	110,144
Prudential Fin'l-5.1%, 9/20/14	253,511	268,890
Potash Corp-5.25%, 5/15/14	148,023	159,138
PNC Funding Corp-5.25%, 11/15/15	413,491	435,056
Philip Morris-6.875%, 3/17/14	105,050	112,504
Paccar Inc-6.875%, 2/15/14	203,895	224,060
NYSE Euronext-4.8%, 6/28/13	70,188	73,650
National City Bank-4%, 2/1/11
Morgan Stanley-6%, 5/13/14	101,043	100,971
Morgan Stanley-4.75%, 4/1/14	397,818	394,036
MetLife-5.5%, 6/15/14	505,735	545,490
Merrill Lynch Co-5.3%, 9/30/15	267,207	249,863
Mellon Funding-5%, 12/1/14	407,223	431,120
Medtronics Inc-1.625%, 4/15/13	183,121	201,500
Marathon Oil-6.5%, 2/15/14
JP Morgan Chase-5.375%, 1/15/14	200,457	213,320
JP Morgan Chase-5.125%, 9/15/14	203,771	210,860
JP Morgan Chase-4.65%, 6/1/14	775,967	818,315
John Deere Cap Corp-4.9%, 9/9/13	101,002	106,689
International Paper-5.3%, 4/1/15	202,828	216,300
HSBC Finance Corp-6.676%, 1/15/21	942,212	1,032,331
Hewlett Packard-6.125%, 5/1/14	103,927	107,825
Goldman Sachs Group-6%, 5/1/14	202,704	208,300
Goldman Sachs Group-5.25%, 10/15/13	201,686	204,066
Goldman Sachs Group-5%, 10/1/14	347,723	359,660
Glaxo Smithkline Cap-4.375%, 4/15/14	101,328	108,223
GE Capital Corp-11/1/12	81,505	100,042
GE Capital Corp-5.9%, 5/13/14	512,213	547,575
GE Capital Corp-5.65%, 6/9/14	304,178	325,086
Duke Energy Carolinas-5.75%, 11/15/13	67,299	70,685
Du Pont EI De Nemou-5.875%, 1/15/14	14,590	15,365
Deutsche Telecom-4.875%, 7/8/14	201,076	213,910
Dell Inc-5.625%, 4/15/14	206,005	219,314
Daimler Chrysler-6.5%, 11/15/13	152,717	163,380
Credit Suisse New York-5.5%, 5/1/14	737,609	760,779
Credit Suisse FB USA-5.5%, 8/15/13	101,258	104,323
Credit Suisse FB USA-5.125%, 1/15/14	200,686	208,462
Conoco Phillips-4.75%, 2/12/14	203,151	216,004
Coca Cola HBC Fin-5.125%, 9/17/13	101,210	104,131
CME Group Inc-5.75%. 2/15/14	509,423	545,005
Charles Schwab-4.95%, 6/1/14	200,697	216,748
Caterpillar Fin Ser Corp-6.2%, 9/30/13	102,713	109,011
Caterpillar Fin Ser Corp-6.125%, 2/17/14	912,344	996,462
Carolina Power & Light-5.125%, 9/15/13	102,719	107,185
Berkshire Hathaway Inc-4.625%, 10/15/13	202,609	212,794
Bellsouth Corp-5.2%, 9/15/14	101,867	110,549
Bear Stearns Co-5.7%, 11/15/14	404,460	435,012
BB&T Corp-5.7%, 4/30/14	300,598	328,197
Barclays Bank-5.2%, 7/10/14	505,042	517,375
Bank of New York-4.95%, 11/1/12	201,432	207,370
Bank of America Corp-5.125%, 11/15/14	408,709	398,220
AT&T Corp-6.7%, 11/15/13	104,177	110,241
AT&T Corp-4.85%, 2/15/14	201,260	215,574
American Express Co-7.25%, 5/20/14	411,616	446,712
Allstate Life Global-5.375%,4/13/13	602,188	633,558
Wyeth Notes-5.5%,3/15/13	101,735	105,710
United Healthcare Group-5.25%,3/15/11
Travelers Cos-5.375%,6/15/12	200,215	203,858
SBC Communications-5.875%,8/15/12	75,742	77,425
SBC Communications-5.875%,2/1/12
Royal Bank of Scotland-5%,11/12/13	201,590	180,940
Royal Bank of Canada-5.65%,7/20/11
Morgan Stanley-5.625%,1/9/12	300,047	300,045
Key Bank NA-7%,2/1/11
Household Financial-6.375%,11/27/12	201,885	205,708
Hartford Life Global-5.2%,2/15/11
Goldman Sachs Group-5.7%,9/1/12	401,678	407,044
Goldman Sachs Group-6.6%,1/15/12	95,500	100,132
GE Capital Corp-5.45%,1/15/13	978,987	1,046,260
Credit Suisse-5%,5/15/13	496,445	514,625
Credit Suisse FB USA-6.5%,1/15/12	200,156	200,364
Credit Suisse FB USA-5.5%,8/16/11
Costco Wholesale Corp-5.3%,3/15/12	200,548	201,852
Consolidated Edison-4.875%,2/1/13	303,453	311,964
Citigroup-5.1%, 9/29/11
Citigroup Global Markets-6%,2/21/12	74,090	74,412
Bank of America-4.9%,5/1/13	198,312	200,162
Bank of America-4.875%,1/15/13	99,030	100,405
Bank of America-4.875%,9/15/12	249,054	251,605
Banc One Corp-5.25%,1/30/13	501,104	517,000
At&T Corp-7.3%,11/15/11
Anheuser Busch-4.375%,1/15/13	195,394	206,894
American Int'l Group-5.375%,10/18/11
American Express-5.875%,5/2/13	500,328	525,575
American Express-5.55%.10/17/12	250,942	258,345
Wal-Mart Stores-4.125%,2/15/11
Target Corp Global Notes-5.875%,3/11/12	350,981	352,936
Public Service Elec & Gas-5.125%, 9/1/12	401,751	411,196
Merck & Co-5.125%,11/15/11
JP Morgan Chase-4.6%,1/17/11
IBM Corp-4.75%,11/29/12	150,995	155,109
Hershey Co Notes-5.3%,9/1/11
Hartford Fin'l Services-5.25%,10/15/11
Goldman Sachs Group-5.450%,11/1/12	200,754	203,396
GE Capital Corp-4.15%,6/15/11
FPL Group Capital-5.625%,9/1/11
Deutsch Bank AG London-5.375%,10/12/12	1,506,723	1,532,625
Conoco Phillips-5.5%,4/15/13	506,161	529,535
Conoco Phillips-4.75%,10/15/12	1,204,281	1,235,832
Citigroup Inc-5.3%,10/17/12	200,645	203,250
Chubb Corp-6%,11/15/11
Berkshire Hathaway Notes-4.75%,5/15/12	1,302,141	1,318,070
Bear Stearns Co Notes-5.35%,2/1/12	299,091	301,026
Astrazeneca PLC Global-5.4%,9/15/12	603,765	619,770
American Express-5.25%,11/21/11
Aetna Inc Notes-5.75%,6/15/11
Abbott Labs-5.6%,5/15/11
Abbott Labs-3.75%,3/15/11
Wells Fargo Global-4.875%, 1/12/11
HSBC Finance Corp-5.25%, 1/14/11
Goldman Sachs Group-5%, 1/15/11
Cisco Systems-5.25%, 2/22/11
JP Morgan Chase-4.5%,1/15/12	400,065	400,428

- TIN:

TY 2011 InvestmentsCorpStockSchedule

Name:

The Brunckhorst Foundation

EIN: 23-7000850

Software ID:11000144

Software Version:2011v1.2

Name of Stock	End of Year Book Value	End of Year Fair Market Value
Staoil ASA ADR	107,322	102,440
Phillip Morris Int'l	138,151	156,960
Nextera Energy Inc	278,955	304,400
McDonalds Corp	343,621	401,320
Kraft Foods Inc	283,915	298,880
JP Mprgan Chase	190,422	199,500
Johnson & Johnson	102,905	98,370
ING Infra Ind & Mat'l	106,428	76,950
Glaxo Smithkline PLC	308,279	319,410
Dupont EI De Nemours	221,510	228,900
Dow Chemical Co	274,257	287,600
Dominion Resources Inc	156,172	159,240
Chevron Corp	209,498	212,800
Brookfield Global Inc	200,000	176,100
A T & T Inc	332,626	332,640
HSBC Holding PLC-6.2%-Pfd	590,007	597,500
Deutsch Bank Ctg't-6.55%-Pfd	121,471	93,250
Barclays Bank PLC-7.1%-Pfd	98,529	79,080
Barclays Bank PLC-6.625%-Pfd	438,865	330,120
Bank of America-7.25%-Pfd	122,074	99,500
Bank of America-6.625%-Pfd	118,540	94,550
Aegon NV-7.25%-Pfd	572,188	552,500
Aegon NV-6.375%-Pfd	236,181	194,700
Windstream Corp
Verizon Communications	339,628	401,200
Unilever PLC	375,987	402,240
Total Fina ELF SA
Teco Energy	309,585	325,380
Southern Copper Corp
Southern Co	382,199	439,755
Seadrill Ltd
PPL Corp
Pfizer Inc
NY Community Bancorp
Duke Energy Corp	330,921	396,000
Consolidated Edison	528,623	620,300
Bristol Myers Squibb	125,956	140,960
BCE Inc
Bank of Montreal	181,975	164,430
American Electric Power	445,651	495,720
Altria Group Inc
Aberdeen Chile Fd Inc
Merck & Co
Bank of America-8.625%-Pfd	250,000	219,600
ING Group-8.5%-PFD	166,894	159,904
ING Group-7.375%-PFD	354,580	313,310
Deutsche Bank-7.6%-PFD	507,099	441,362
Barclays Bank PLC-8.125%-Pfd	200,903	178,240
Bank of America-8.2%-Pfd	123,422	110,500

- TIN:

TY 2011 InvestmentsGovtObligationsSch

Name:

The Brunckhorst Foundation

EIN: 23-7000850

Software ID:11000144

Software Version:2011v1.2

US Government Securities - End of Year Book Value:

US Government Securities - End of Year Fair Market Value:

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

1,317,010

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

1,384,200

- TIN:

TY 2011 InvestmentsOtherSchedule2

Name:

The Brunckhorst Foundation

EIN: 23-7000850

Software ID:11000144

Software Version:2011v1.2

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
KKR Fin'l Holdings-8.375%,11/15/41	AT COST	250,000	252,980
DTE Energy Ser-6.5%,12/1/61	AT COST	250,000	268,600
Unit FT Strategic Div Plus	AT COST	296,579	278,797
UBS Cap XL-6.6%	AT COST	122,677	125,750
JP Chase Cap XL-5.875%,6/15/33	AT COST	477,641	500,200
Goldman Sachs-6.125%,11/1/60	AT COST	372,813	371,550
Corts GS Cap I-6%	AT COST	114,687	107,500
Citigroup Cap VII-7.125%	AT COST	461,028	484,000
Templeton Global Bond Fd	AT COST	707,669	685,742
Morgan Stanley Cap Tr-6.45%	AT COST	563,628	544,000
Columbia Marsico 21st Century	AT COST	85,000	66,433

- TIN:

TY 2011 OtherExpensesSchedule

Name:

The Brunckhorst Foundation

EIN: 23-7000850

Software ID:11000144

Software Version:2011v1.2

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
Service Charges	71	71
Public Notice	125		125
Filing Fees	1,500		1,500

- TIN:

TY 2011 TaxesSchedule

Name:

The Brunckhorst Foundation

EIN: 23-7000850

Software ID:11000144

Software Version:2011v1.2

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Unrelated Business Tax-'11	201,062
Excise Tax -'11	62,992