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 07-01-2011 , and ending 06-30-2012
G
Check all that apply:
Name of foundation
LEO ADLER COMMUNITY FUND 97331640
 

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 3168   Room/suite
City or town, state, and ZIP code
PORTLAND, OR97208
A Employer identification number

93-6289087
B Telephone number (see page 10 of the instructions)

(503) 275-4327
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$23,103,748J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 642,854 642,854  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 159,994
b Gross sales price for all assets on line 6a 12,720,509
7 Capital gain net income (from Part IV, line 2)... 159,994
8 Net short-term capital gain......... 0
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 2,300 2,300  
12 Total. Add lines 1 through 11........ 805,148 805,148  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 273,936 246,542   27,394
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 2,000 0 0 2,000
c Other professional fees (attach schedule).... Click to see attachment 47,673     47,673
17 Interest...............       0
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 78,790 12,277   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 24,646     24,646
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 427,045 258,819 0 101,713
25 Contributions, gifts, grants paid........ 1,138,327 1,138,327
26 Total expenses and disbursements. Add lines 24 and 25 1,565,372 258,819 0 1,240,040
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -760,224
b Net investment income (if negative, enter -0-) 546,329
c Adjusted net income (if negative, enter -0-)... 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...............   11,638 11,638
2 Savings and temporary cash investments.......... 226,023 213,940 213,940
3 Accounts receivable bullet271,074
Less: allowance for doubtful accounts bullet     271,074 271,074
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 bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)   Click to see attachment326,000 328,832
b Investments—corporate stock (attach schedule)........ 18,027,538 Click to see attachment17,801,813 19,008,446
c Investments—corporate bonds (attach schedule)........ 4,269,705 Click to see attachment3,172,119 3,269,818
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 22,523,266 21,796,584 23,103,748
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......... 22,523,266 21,796,584
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).................... 22,523,266 21,796,584
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 22,523,266 21,796,584
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 22,523,266
2 Enter amount from Part I, line 27a..................... 2 -760,224
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 40,018
4 Add lines 1, 2, and 3.......................... 4 21,803,060
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 6,476
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 21,796,584
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 655.44 ROWE T PRICE MID-CAP GROWTH FD #64   2011-04-25 2011-08-04
b 2975.086 ROWE T PRICE MID-CAP VALUE FD INC   2011-05-06 2011-08-04
c 196. AGRIUM INC   2009-08-24 2011-08-22
d 271. ALPHA NATURAL RESOURCES INC   2009-04-13 2011-08-22
e 301. AMERICAN TOWER CORP   2008-03-20 2011-08-22
1336. ANALOG DEVICES INC   2010-05-25 2011-08-22
147. APPLE COMPUTER INC   2008-11-24 2011-08-22
83. APPLE COMPUTER INC   2008-03-20 2011-08-22
191. B M C SOFTWARE INC   2009-08-13 2011-08-22
538. BERKSHIRE HATHAWAY INC CL B   2010-05-25 2011-08-22
3005. BRISTOL MYERS SQUIBB CO   2010-01-12 2011-08-22
363. BRITISH AMERN TOB PLC ADR     2011-08-22
912. CAMERON INTL CORP   2011-05-06 2011-08-22
1727. CANON INC SPONS A D R   2010-05-25 2011-08-22
289. CLIFFS NATURAL RESOURCES INC   2010-02-18 2011-08-22
4575.871 CREDIT SUISSE COMM RET ST CO     2011-08-22
7152.443 CREDIT SUISSE COMM RET ST CO   2010-01-12 2011-08-22
4364.881 CREDIT SUISSE COMM RET ST CO   2009-07-08 2011-08-22
713.265 CREDIT SUISSE COMM RET ST CO   2010-01-12 2011-08-22
162. DBS GROUP HLDGS LTD   2008-10-23 2011-08-22
2173. DISNEY WALT CO   2010-05-25 2011-08-22
1012. DIRECTV CL A   2010-05-25 2011-08-22
1117. DOLLAR TREE INC   2009-10-23 2011-08-22
693. DOLLAR TREE INC   2009-10-23 2011-08-22
1033. DR PEPPER SNAPPLE GROUP   2010-05-25 2011-08-22
83. EXPRESS SCRIPTS INC   2010-01-12 2011-08-22
170. FOMENTO ECONOMICO MEX SP A D R   2009-04-23 2011-08-22
237. FUJIFILM HOLDINGS A D R   2008-12-19 2011-08-22
31. GARDNER DENVER INC   2010-03-25 2011-08-22
1376. HESS CORP   2010-05-25 2011-08-22
286. HONDA MOTOR CO LTD A D R   2008-03-20 2011-08-22
255. INTREPID POTASH INC   2009-04-23 2011-08-22
1580. J P MORGAN CHASE & CO   2009-08-27 2011-08-22
1057. J P MORGAN CHASE & CO   2009-06-23 2011-08-22
164. KEPPEL CORP LTD SPONS A D R   2008-03-20 2011-08-22
300. MICROS SYS INC   2009-02-19 2011-08-22
25. MITSUI & CO LTD SPSD ADR   2009-03-31 2011-08-22
1030. NESTLE SA SPONSORED A D R   2008-03-20 2011-08-22
539. NOVARTIS AG A D R     2011-08-22
101. NOVARTIS AG A D R   2008-10-09 2011-08-22
24259.858 NUVEEN HIGH INCOME BOND FD CL I   2008-03-20 2011-08-22
7111.531 NUVEEN HIGH INCOME BOND FD CL I   2008-03-20 2011-08-22
3656.729 NUVEEN STRATEGIC INCOME I   2010-01-12 2011-08-22
3810.556 NUVEEN INFLATION PRO SEC CL I   2011-05-06 2011-08-22
391. OCCIDENTAL PETROLEUM CORPORATION   2009-09-10 2011-08-22
1679. P G E CORP   2009-08-19 2011-08-22
949. P G E CORP   2009-08-13 2011-08-22
1054. PETROLEO BRASILEIRO SPON A D R   2010-02-18 2011-08-22
785. PFIZER INC COMMON STOCK   2009-07-08 2011-08-22
4257.959 T ROWE PRICE INTL GR&INC FD     2011-08-22
402. KONINKLIJKE (ROYAL) KPN NV SP ADR   2008-03-20 2011-08-22
616. SPDR GOLD TRUST   2009-07-13 2011-08-22
39. SPDR GOLD TRUST   2010-11-23 2011-08-22
297. SPDR GOLD TRUST   2009-08-13 2011-08-22
617. MIDCAP SPDR TRUST SERIES I E T F   2010-01-12 2011-08-22
272. MIDCAP SPDR TRUST SERIES I E T F   2010-01-12 2011-08-22
171. SANOFI A D R   2008-10-09 2011-08-22
121. SCHLUMBERGER LTD ISIN #AN8068571086   2009-01-13 2011-08-22
547. VALE SA SP A D R   2008-11-24 2011-08-22
1699.922 VANGUARD EXPLORER FUND#24     2011-08-22
1687. ZURICH FINANCIAL SVCS A D R   2010-07-29 2011-08-22
1346. ACE LTD   2009-09-10 2011-08-22
109. ACE LTD   2009-09-17 2011-08-22
8289.307 NUVEEN SHORT TERM BOND FUND CL I     2011-08-26
22.029 AMERICAN CENTY INTL BOND FD INSTL     2011-09-28
20.511 AMERICAN CENTY INTL BOND FD INSTL   2009-09-17 2011-09-28
44.673 AMERICAN CENTY VISTA FUND INSTL CL     2011-09-28
49.744 CREDIT SUISSE COMM RET ST CO     2011-09-28
17.801 CREDIT SUISSE COMM RET ST CO   2009-08-24 2011-09-28
18.102 CREDIT SUISSE COMM RET ST CO   2009-09-21 2011-09-28
2.109 AMERICAN EUROPACIFIC GRTH F2   2009-07-01 2011-09-28
2.736 AMERICAN EUROPACIFIC GRTH F2   2009-07-13 2011-09-28
. M B N A CORP     2011-09-28
. M B N A CORP     2011-09-28
80.609 FRANKLIN MUTUAL SHARES   2011-03-24 2011-09-28
18.572 NEUBERGER BERMAN GENESIS INSTL FD     2011-09-28
31.663 NUVEEN HIGH INCOME BOND FD CL I   2009-06-12 2011-09-28
8.969 NUVEEN HIGH INCOME BOND FD CL I   2009-07-01 2011-09-28
3.335 NUVEEN REAL ESTATE SECS I   2010-03-24 2011-09-28
35.991 NUVEEN CORE PLUS BOND CLASS I   2008-04-02 2011-09-28
95.827 NUVEEN CORE PLUS BOND CLASS I   2011-03-24 2011-09-28
44.052 PIONEER FUND CL Y     2011-09-28
6.885 T ROWE PRICE SM CAP VAL   2009-10-23 2011-09-28
1.794 ROWE T PRICE MID-CAP VALUE FD INC     2011-09-28
7.487 ROWE T PRICE MID-CAP VALUE FD INC   2009-07-01 2011-09-28
2.525 ROWE T PRICE MID-CAP VALUE FD INC   2009-08-19 2011-09-28
10. SPDR S&P 500 ETF TRUST   2009-04-01 2011-09-28
2. MIDCAP SPDR TRUST SERIES I E T F   2009-12-14 2011-09-28
1.369 TEMPLETON INSTL EMERGING MKT SER ADV   2009-07-08 2011-09-28
22.717 TEMPLETON INSTL EMERGING MKT SER ADV   2009-11-10 2011-09-28
13091.175 AMERICAN CENT EQUITY INCOME CL INST   2011-04-25 2011-10-05
4443.382 AMERICAN CENT EQUITY INCOME CL INST   2011-04-25 2011-10-05
1437.783 DODGE & COX STOCK FUND   2011-03-24 2011-10-05
306.728 DODGE & COX STOCK FUND   2011-03-24 2011-10-05
9926.777 DRIEHAUS ACTIVE INCOME FUND   2011-08-22 2011-10-05
3008.108 DRIEHAUS ACTIVE INCOME FUND   2011-08-26 2011-10-05
2743.836 AMERICAN GRW FD OF AMER F2   2011-04-25 2011-10-05
2698.493 AMERICAN GRW FD OF AMER F2   2011-04-25 2011-10-05
2661.773 LOOMIS SAYLES ABS STRAT Y   2011-08-22 2011-10-05
303.015 PIONEER FUND CL Y     2011-10-05
1578. SPDR DJ WILSHIRE INTERNATIONAL   2011-03-24 2011-10-05
4250. BANK OF AMERICA CORP   2009-08-13 2011-10-25
3063. ENCANA CORP   2011-08-22 2011-10-25
470. HEWLETT PACKARD CO   2008-09-19 2011-10-25
713.348 ROWE T PRICE MID-CAP GROWTH FD #64     2011-10-25
694.8 ROWE T PRICE MID-CAP GROWTH FD #64   2010-08-05 2011-10-25
3779.152 ROWE T PRICE MID-CAP VALUE FD INC     2011-10-25
1627. ADMIRAL GROUP PLC ADR   2011-08-22 2011-11-04
6196.568 AMERICAN CENTY SMALL CP GROWTH INSTL   2010-07-29 2011-11-04
70. ATLANTIC TELE-NETWORK INC   2008-03-20 2011-11-04
966. BRANDYWINE REALTY TRUST   2009-04-23 2011-11-04
307. CENTRAL EUROPEAN DISTRIBUTION CORP   2009-04-17 2011-11-04
246. DREAMWORKS ANIMATION SKG INC CL A   2009-03-17 2011-11-04
2395. ERSTE GROUP BANK AG A D R   2011-08-22 2011-11-04
671. FLUSHING FINANCIAL CORPORATION   2009-04-13 2011-11-04
734. GT ADVANCED TECHNOLOGIES INC   2009-04-23 2011-11-04
193. HARMONIC INC   2008-08-26 2011-11-04
192. ICU MED INC   2008-03-27 2011-11-04
265. ISHARES BARCLAYS TIPS BOND E T F   2010-08-05 2011-11-04
724. JGC CORP UNSPONSORED A D R   2011-08-22 2011-11-04
120. J2 GLOBAL COMMUNICATONS INC   2008-07-22 2011-11-04
373. NET 1 UEPS TECHNOLOGIES INC   2009-02-02 2011-11-04
2873.887 NUVEEN HIGH INCOME BOND FD CL I     2011-11-04
8161.314 NUVEEN STRATEGIC INCOME I     2011-11-04
20772.646 NUVEEN SHORT TERM BOND FUND CL I     2011-11-04
20819.906 NUVEEN SHORT TERM BOND FUND CL I     2011-11-04
15887.199 NUVEEN SHORT TERM BOND FUND CL I   2011-05-06 2011-11-04
4694.297 NUVEEN INFLATION PRO SEC CL I     2011-11-04
5728.303 P I M C O FDS TOTAL RETURN FD   2010-08-05 2011-11-04
21209.594 P I M C O FDS TOTAL RETURN FD   2011-04-25 2011-11-04
8403.569 P I M C O FDS TOTAL RETURN FD   2011-04-25 2011-11-04
1047.963 P I M C O FDS TOTAL RETURN FD   2010-07-29 2011-11-04
20131.392 T ROWE PRICE INTL BOND FUND   2011-04-25 2011-11-04
1976. SWATCH GROUP AG A D R   2011-08-22 2011-11-04
629. TELE COMMUNICATIONS SYSTEMS INC   2009-03-03 2011-11-04
143.249 VANGUARD EXPLORER FUND#24     2011-11-04
1289. WET SEAL INC CL A   2009-04-23 2011-11-04
456. ABB LTD A D R   2009-03-03 2011-11-16
2892. ADMIRAL GROUP PLC ADR   2011-08-22 2011-11-16
1246. AEGON N V NY REG SHR   2009-02-19 2011-11-16
162. ANGLO AMERICAN PLC A D R   2010-05-25 2011-11-16
1340. BANCO SANTANDER CENT HISPANO A D R     2011-11-16
1833.045 CREDIT SUISSE COMM RET ST CO   2011-08-26 2011-11-16
184. DBS GROUP HLDGS LTD   2008-12-19 2011-11-16
340. DESARROLLADORA HOMEX A D R   2009-04-17 2011-11-16
2089.243 DRIEHAUS ACTIVE INCOME FUND   2011-08-26 2011-11-16
5910. FOSTERS GROUP LIMITED A D R     2011-11-16
518. FUJIFILM HOLDINGS A D R   2008-12-19 2011-11-16
149. GLAXO SMITHKLINE P L C A D R   2009-02-19 2011-11-16
706. HONDA MOTOR CO LTD A D R     2011-11-16
288. KEPPEL CORP LTD SPONS A D R   2008-03-20 2011-11-16
2661. MITSUBISHI UFJ FINL GRP A D R     2011-11-16
1848.7 LOOMIS SAYLES ABS STRAT Y   2011-08-22 2011-11-16
331. NIPPON TELEGRAPH TELE A D R   2008-12-19 2011-11-16
553. NOKIA CORP SPSD A D R   2008-03-20 2011-11-16
10934.947 NUVEEN STRATEGIC INCOME I   2011-04-25 2011-11-16
6150.202 NUVEEN STRATEGIC INCOME I   2011-04-25 2011-11-16
6465.718 NUVEEN CORE PLUS BOND CLASS I   2011-11-04 2011-11-16
126. LUKOIL SPON A D R   2010-02-18 2011-11-16
600. PETROLEO BRASILEIRO SPON A D R   2008-03-20 2011-11-16
1881. POWER ASSETS HLDGS A D R   2009-01-13 2011-11-16
67. RWE AG A D R   2009-04-23 2011-11-16
256. ROCHE HLDG LTD A D R   2008-03-20 2011-11-16
964. KONINKLIJKE (ROYAL) KPN NV SP ADR   2008-03-20 2011-11-16
381. SANOFI A D R   2008-08-26 2011-11-16
269. SCHLUMBERGER LTD ISIN #AN8068571086   2008-08-04 2011-11-16
1571.09813 LAUDUS INTL MARKETMASTERS FUND SEL   2011-04-25 2011-11-16
2594.94387 LAUDUS INTL MARKETMASTERS FUND SEL   2011-04-25 2011-11-16
258. TELEFONICA SA SPON A D R   2009-03-17 2011-11-16
112. TEVA PHARMACEUTICALS INDS LTD ADR   2009-03-17 2011-11-16
1970. TREASURY WINE ESTATES LTD A D R     2011-11-16
784. UNILEVER PLC SPSD ADR     2011-11-16
167. ACCENTURE PLC CL A   2008-10-23 2011-11-16
286. CENTRAL EUROPEAN MEDIA ENT A   2009-04-23 2011-11-16
611.439 AMERICAN GRW FD OF AMER F2   2010-08-05 2011-12-01
849.35 AMERICAN GRW FD OF AMER F2   2011-04-25 2011-12-01
10241.615 PYXIS LONG SHORT EQUITY Z   2011-08-22 2011-12-01
49. ALLERGAN INC   2009-10-23 2011-12-07
33. APACHE CORP   2009-10-23 2011-12-07
578. IPATH DOW JONES UBS COMMODITY   2011-04-25 2011-12-07
146. BRISTOL MYERS SQUIBB CO   2009-10-30 2011-12-07
484.63 DODGE & COX STOCK FUND   2011-03-24 2011-12-07
32. EXXON MOBIL CORP   2009-06-17 2011-12-07
234. FREEPORT MCMORAN COPPER GOLD   2009-07-13 2011-12-07
58. GOLDMAN SACHS GROUP INC   2009-03-03 2011-12-07
49. OCCIDENTAL PETROLEUM CORPORATION   2010-03-25 2011-12-07
246.312 ROWE T PRICE MID-CAP GROWTH FD #64   2010-08-05 2011-12-07
55.288 ROWE T PRICE MID-CAP GROWTH FD #64   2011-04-25 2011-12-07
12574.492 T ROWE PRICE INTL BOND FUND     2011-12-07
414.089 ROWE T PRICE MID-CAP VALUE FD INC   2010-08-05 2011-12-07
43.06 ROWE T PRICE MID-CAP VALUE FD INC   2011-05-06 2011-12-07
1585. SPDR DJ WILSHIRE INTERNATIONAL     2011-12-07
2146.578 SCOUT INTERNATIONAL FUND     2011-12-07
536.013 SCOUT INTERNATIONAL FUND   2011-06-24 2011-12-07
500.173 TEMPLETON INSTL EMERGING MKT SER ADV   2011-08-26 2011-12-07
963.629 TEMPLETON INSTL EMERGING MKT SER ADV     2011-12-07
102. UNITED TECHNOLOGIES CORP   2009-04-27 2011-12-07
6874.295 AMERICAN CENT EQUITY INCOME CL INST     2011-12-19
7930.602 AMERICAN CENTY SMALL CP GROWTH INSTL   2011-03-24 2011-12-19
10520.179 AMERICAN CENTY SMALL CP GROWTH INSTL   2010-07-29 2011-12-19
6900.768 AMERICAN CENTY SMALL CP GROWTH INSTL     2011-12-19
2218.727 DODGE & COX STOCK FUND     2011-12-19
733.975 DODGE & COX STOCK FUND   2011-03-24 2011-12-19
7199.319 AMERICAN GRW FD OF AMER F2   2011-04-25 2011-12-19
3216.076 AMERICAN GRW FD OF AMER F2     2011-12-19
3495.955 NUVEEN HIGH INCOME BOND FD CL I     2011-12-19
9548.971 NUVEEN INFLATION PRO SEC CL I   2010-04-22 2011-12-19
111. QUALCOMM INC   2008-07-03 2011-12-19
6019.381 T ROWE PRICE INTL GR&INC FD   2011-08-22 2011-12-19
31168.148 T ROWE PRICE INTL GR&INC FD     2011-12-19
12249.32 T ROWE PRICE INTL GR&INC FD     2011-12-19
11421.114 T ROWE PRICE INTL GR&INC FD     2011-12-19
304. SPDR S&P 500 ETF TRUST   2011-04-25 2011-12-19
2773. SPDR DJ WILSHIRE INTERNATIONAL   2011-03-24 2011-12-19
472. SPDR DJ WILSHIRE INTERNATIONAL     2011-12-19
28901.374 LAUDUS INTL MARKETMASTERS FUND SEL     2011-12-19
14199.281 LAUDUS INTL MARKETMASTERS FUND SEL     2011-12-19
72.006 AMERICAN CENT EQUITY INCOME CL INST   2011-09-28 2012-01-03
24.166 AMERICAN CENTY SMALL CP GROWTH INSTL   2011-09-28 2012-01-03
30.993 AMERICAN CENTY SMALL CP GROWTH INSTL     2012-01-03
2. IPATH DOW JONES UBS COMMODITY   2011-09-28 2012-01-03
18.908 CREDIT SUISSE COMM RET ST CO   2011-03-24 2012-01-03
6.337 DODGE & COX STOCK FUND   2011-09-28 2012-01-03
35.008 AMERICAN GRW FD OF AMER F2     2012-01-03
47.65 NUVEEN INFLATION PRO SEC CL I   2011-09-28 2012-01-03
69.568 T ROWE PRICE INTL GR&INC FD     2012-01-03
29.858 T ROWE PRICE INTL GR&INC FD   2011-09-28 2012-01-03
9. SPDR DJ WILSHIRE INTERNATIONAL   2011-09-28 2012-01-03
88.816 LAUDUS INTL MARKETMASTERS FUND SEL   2011-09-28 2012-01-03
201. AMPHENOL CORP CL A   2009-03-03 2012-01-06
438. B M C SOFTWARE INC   2009-09-10 2012-01-06
204. IPATH DOW JONES UBS COMMODITY   2011-04-25 2012-01-06
879. IPATH DOW JONES UBS COMMODITY   2011-04-25 2012-01-06
209. BEST BUY INC   2009-03-17 2012-01-06
522. BIOMED REALTY TRUST INC   2009-04-23 2012-01-06
86. CLIFFS NATURAL RESOURCES INC   2010-03-25 2012-01-06
192. CRANE CO   2009-03-03 2012-01-06
141. GARDNER DENVER INC   2008-03-20 2012-01-06
679. I SHARES MSCI EAFE INDEX FUND E T F   2011-11-04 2012-01-06
87. MEDNAX INC   2008-03-20 2012-01-06
7395.864 T ROWE PRICE INTL BOND FUND   2011-08-22 2012-01-06
116. S P X CORP   2009-02-19 2012-01-06
1912.935 SCOUT INTERNATIONAL FUND     2012-01-06
202. SILGAN HLDGS INC   2009-04-23 2012-01-06
190. VECTREN CORPORATION   2008-03-20 2012-01-06
14985.25 T ROWE PRICE INTL BOND FUND   2011-08-22 2012-01-27
75000. BARCLAYS 24MO IYR 4.000% 2/08/12   2010-02-03 2012-02-08
40000. BARCLAYS 24MO IYR 4.000% 2/08/12   2010-02-03 2012-02-08
777. ISHARES JP MORGAN EM BOND FD   2011-05-11 2012-02-08
609. ISHARES JP MORGAN EM BOND FD     2012-02-08
1165. CISCO SYS INC     2012-02-24
293.1 DRIEHAUS ACTIVE INCOME FUND   2011-08-26 2012-02-24
894. ISHARES BARCLAYS TIPS BOND E T F     2012-02-24
662. ISHARES BARCLAYS TIPS BOND E T F   2010-11-23 2012-02-24
259.355 LOOMIS SAYLES ABS STRAT Y   2011-08-22 2012-02-24
6125.361 NUVEEN HIGH INCOME BOND FD CL I   2011-05-11 2012-02-24
1530.07 NUVEEN HIGH INCOME BOND FD CL I   2011-03-24 2012-02-24
1318. ISHARES BARCLAYS AGGREGATE E T F   2012-01-06 2012-03-14
637. ISHARES BARCLAYS AGGREGATE E T F   2012-01-06 2012-03-14
4650.057 NUVEEN HIGH INCOME BOND FD CL I     2012-03-14
2553.729 NUVEEN HIGH INCOME BOND FD CL I     2012-03-14
3301.064 NUVEEN REAL ESTATE SECS I   2010-05-25 2012-03-14
1706.579 NUVEEN REAL ESTATE SECS I   2010-05-25 2012-03-14
839. SPDR S&P 500 ETF TRUST   2008-09-24 2012-03-14
497. SPDR S&P 500 ETF TRUST   2008-09-24 2012-03-14
508.979 SCOUT INTERNATIONAL FUND   2010-03-25 2012-03-14
199.074 SCOUT INTERNATIONAL FUND   2009-10-30 2012-03-14
20000. BMO 6MO COH RX 12.750% 5/16/12   2011-11-11 2012-05-16
10000. BMO 6MO COH RX 12.750% 5/16/12   2011-11-11 2012-05-16
20000. BMO 6MO M RX 14.750% 5/16/12   2011-11-11 2012-05-16
10000. BMO 6MO M RX 14.750% 5/16/12   2011-11-11 2012-05-16
44.735 ABERDEEN FDS EMRGN   2011-09-28 2012-05-17
145.64 AMERICAN CENT EQUITY INCOME CL INST   2011-09-28 2012-05-17
29248.12 AMERICAN CENT EQUITY INCOME CL INST   2011-04-25 2012-05-17
20768.895 AMERICAN CENT EQUITY INCOME CL INST   2011-04-25 2012-05-17
27.338 AMERICAN CENTY INTL BOND FD INSTL     2012-05-17
35.383 AMERICAN EUROPACIFIC GRTH F2     2012-05-17
36.943 AMERICAN GRW FD OF AMER F2     2012-05-17
11271.263 AMERICAN GRW FD OF AMER F2     2012-05-17
7152.3 AMERICAN GRW FD OF AMER F2   2009-06-17 2012-05-17
11.584 ROWE T PRICE MID-CAP GROWTH FD #64   2011-09-28 2012-05-17
96.096 T ROWE PRICE INTL BOND FUND   2011-09-28 2012-05-17
19.661 T ROWE PRICE SC STOCK     2012-05-17
24.63 ROWE T PRICE MID-CAP VALUE FD INC     2012-05-17
71.736 SCOUT INTERNATIONAL FUND     2012-05-17
6049.072 TEMPLETON INSTL EMERGING MKT SER ADV   2009-07-08 2012-05-17
11619.931 TEMPLETON INSTL EMERGING MKT SER ADV   2009-07-08 2012-05-17
332.262 TEMPLETON INSTL EMERGING MKT SER ADV   2011-11-04 2012-05-17
36.235 TEMPLETON INSTL EMERGING MKT SER ADV     2012-05-17
683.881 VANGUARD EXPLORER FUND#24   2011-12-19 2012-05-17
2058.191 VANGUARD EXPLORER FUND#24   2011-12-19 2012-05-17
7.364 VANGUARD EXPLORER FUND#24     2012-05-17
1773.561 AMERICAN GRW FD OF AMER F2     2012-05-31
9634.135 AMERICAN GRW FD OF AMER F2     2012-05-31
3219.82 AMERICAN GRW FD OF AMER F2   2011-08-22 2012-05-31
377. IPATH DOW JONES UBS COMMODITY   2011-04-25 2012-06-28
417. IPATH DOW JONES UBS COMMODITY   2011-08-26 2012-06-28
1467. IPATH DOW JONES UBS COMMODITY   2011-08-22 2012-06-28
1625. ISHARES MSCI EMERGING MKTS E T F     2012-06-28
2686. ISHARES MSCI EMERGING MKTS E T F     2012-06-28
7324.195 LOOMIS SAYLES ABS STRAT Y   2011-08-22 2012-06-28
5161.173 LOOMIS SAYLES ABS STRAT Y   2011-08-22 2012-06-28
14000. BMO 6MO C RX MTN 21.500% 6/29/12   2011-12-27 2012-06-29
7000. BMO 6MO C RX MTN 21.500% 6/29/12   2011-12-27 2012-06-29
14000. BMO 6MO ORCL RX MTN 11.500% 6/29/12   2011-12-27 2012-06-29
7000. BMO 6MO ORCL RX MTN 11.500% 6/29/12   2011-12-27 2012-06-29
CAPITAL GAIN DIVIDENDS P    
(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 36,226   42,066 -5,840
b 66,731   75,299 -8,568
c 15,217   9,545 5,672
d 7,699   5,228 2,471
e 14,706   11,790 2,916
41,509   37,368 4,141
52,632   13,199 39,433
29,717   10,871 18,846
7,181   6,635 546
36,643   37,380 -737
84,198   74,822 9,376
32,303   18,228 14,075
40,525   44,012 -3,487
78,504   68,931 9,573
19,768   14,730 5,038
42,601   34,228 8,373
66,589   61,511 5,078
40,637   32,387 8,250
6,641   6,134 507
7,147   4,568 2,579
69,709   69,210 499
42,604   37,070 5,534
72,352   35,517 36,835
44,888   22,035 22,853
36,957   37,556 -599
3,763   3,691 72
11,541   5,100 6,441
5,773   4,894 879
2,107   1,370 737
74,511   70,181 4,330
8,786   7,885 901
7,467   4,944 2,523
53,198   68,856 -15,658
35,589   35,779 -190
2,337   2,050 287
11,898   5,023 6,875
8,096   5,202 2,894
63,887   50,758 13,129
29,882   28,193 1,689
5,599   4,770 829
207,422   211,061 -3,639
60,804   61,870 -1,066
38,908   37,664 1,244
44,202   41,611 2,591
31,702   29,911 1,791
68,712   67,241 1,471
38,837   37,824 1,013
26,265   39,766 -13,501
13,871   11,492 2,379
50,670   47,109 3,561
5,266   6,859 -1,593
113,471   55,661 57,810
7,184   5,242 1,942
54,709   27,886 26,823
88,821   82,905 5,916
39,156   36,548 2,608
5,995   4,798 1,197
8,861   5,082 3,779
12,925   5,519 7,406
105,735   136,029 -30,294
35,411   39,406 -3,995
80,953   69,711 11,242
6,556   5,579 977
81,981   83,639 -1,658
317   328 -11
295   305 -10
685   533 152
415   409 6
148   150 -2
151   148 3
73   68 5
95   84 11
49     49
102     102
1,494   1,744 -250
799   630 169
260   230 30
74   64 10
57   53 4
408   395 13
1,086   1,092 -6
1,565   1,400 165
214   196 18
38   27 11
157   123 34
53   46 7
1,166   808 358
294   260 34
16   14 2
260   325 -65
87,187   98,315 -11,128
29,593   33,370 -3,777
133,958   162,743 -28,785
28,578   34,719 -6,141
97,679   104,628 -6,949
29,600   31,585 -1,985
74,111   88,598 -14,487
72,886   87,134 -14,248
24,754   26,032 -1,278
10,772   10,526 246
50,083   61,842 -11,759
27,922   71,311 -43,389
63,136   72,619 -9,483
11,957   22,960 -11,003
40,989   45,764 -4,775
39,923   35,428 4,495
84,615   64,314 20,301
30,759   41,678 -10,919
50,874   41,455 9,419
2,903   2,321 582
8,827   4,808 4,019
970   6,005 -5,035
4,252   5,058 -806
24,548   40,164 -15,616
7,990   4,917 3,073
6,408   5,100 1,308
1,062   1,671 -609
7,666   5,180 2,486
31,095   28,355 2,740
40,338   38,734 1,604
3,538   2,832 706
2,917   4,940 -2,023
24,496   25,215 -719
86,428   88,498 -2,070
205,857   208,000 -2,143
206,325   209,961 -3,636
157,442   160,302 -2,860
54,923   51,773 3,150
62,610   65,360 -2,750
231,821   233,093 -1,272
91,851   92,355 -504
11,454   11,905 -451
205,944   208,561 -2,617
40,527   40,271 256
2,051   5,144 -3,093
10,517   11,554 -1,037
4,337   4,782 -445
8,313   5,125 3,188
36,005   74,084 -38,079
5,233   5,469 -236
3,118   2,880 238
9,998   9,476 522
15,893   17,194 -1,301
7,290   4,931 2,359
4,726   7,836 -3,110
21,122   21,937 -815
31,145   17,675 13,470
11,997   10,698 1,299
6,583   4,986 1,597
20,530   17,793 2,737
4,090   3,600 490
11,149   24,595 -13,446
17,507   18,080 -573
8,500   8,816 -316
3,636   16,181 -12,545
114,380   117,551 -3,171
64,331   66,115 -1,784
73,645   74,226 -581
7,116   6,594 522
15,078   24,028 -8,950
14,201   10,816 3,385
2,616   4,642 -2,026
9,997   11,898 -1,901
12,368   16,449 -4,081
12,813   13,181 -368
20,419   25,580 -5,161
26,442   31,925 -5,483
43,673   52,729 -9,056
4,804   5,085 -281
4,493   5,093 -600
7,171   4,309 2,862
25,550   14,471 11,079
9,679   4,818 4,861
2,771   5,234 -2,463
17,958   16,692 1,266
24,945   27,426 -2,481
112,146   107,230 4,916
4,075   2,766 1,309
3,186   3,285 -99
24,929   30,522 -5,593
4,872   3,196 1,676
49,650   54,855 -5,205
2,576   2,288 288
9,442   5,531 3,911
5,786   4,683 1,103
4,654   4,070 584
14,375   12,559 1,816
3,227   3,548 -321
126,122   131,256 -5,134
9,383   8,849 534
976   1,090 -114
53,112   61,957 -8,845
62,294   60,791 1,503
15,555   17,201 -1,646
6,222   6,262 -40
11,988   10,211 1,777
7,644   4,938 2,706
48,601   53,759 -5,158
60,431   70,424 -9,993
80,164   70,380 9,784
52,584   62,502 -9,918
216,237   247,589 -31,352
71,533   83,079 -11,546
201,149   232,466 -31,317
89,857   85,474 4,383
29,016   32,139 -3,123
111,436   97,209 14,227
5,815   5,048 767
66,153   71,631 -5,478
342,538   348,277 -5,739
134,620   146,104 -11,484
125,518   159,160 -33,642
36,814   40,633 -3,819
85,878   108,674 -22,796
14,618   17,086 -2,468
455,486   587,239 -131,753
223,781   290,112 -66,331
529   478 51
195   171 24
250   191 59
86   86  
158   184 -26
659   593 66
1,025   961 64
551   544 7
822   853 -31
353   338 15
292   298 -6
1,502   1,430 72
9,308   4,835 4,473
13,994   15,915 -1,921
8,690   10,773 -2,083
37,445   46,417 -8,972
5,012   6,444 -1,432
9,568   4,852 4,716
5,697   6,155 -458
9,248   2,643 6,605
11,531   5,176 6,355
33,441   35,206 -1,765
6,065   5,985 80
71,444   78,470 -7,026
7,637   4,967 2,670
53,715   56,685 -2,970
7,830   5,091 2,739
5,634   5,031 603
149,703   158,994 -9,291
86,438   75,000 11,438
46,100   40,000 6,100
86,253   84,087 2,166
67,610   66,463 1,147
23,521   28,734 -5,213
3,107   3,078 29
106,251   95,154 11,097
78,678   72,860 5,818
2,529   2,536 -7
53,781   56,843 -3,062
13,434   14,031 -597
144,227   145,165 -938
69,758   70,152 -394
41,014   42,999 -1,985
22,524   23,418 -894
67,870   50,572 17,298
35,087   26,145 8,942
117,332   99,833 17,499
69,474   59,138 10,336
15,956   15,000 956
6,241   5,431 810
21,211   20,000 1,211
10,606   10,000 606
21,411   20,000 1,411
10,706   10,000 706
587   557 30
1,072   967 105
215,266   219,653 -4,387
152,859   155,974 -3,115
393   406 -13
1,263   1,318 -55
1,122   948 174
342,196   280,948 61,248
217,144   162,643 54,501
638   620 18
939   967 -28
645   606 39
541   468 73
2,049   1,921 128
62,971   62,971  
120,963   120,963  
3,459   4,196 -737
377   520 -143
50,689   46,805 3,884
152,553   140,863 11,690
546   512 34
54,253   40,153 14,100
294,708   218,823 75,885
98,494   86,935 11,559
14,579   19,908 -5,329
16,126   19,958 -3,832
56,732   70,654 -13,922
60,434   66,684 -6,250
99,893   111,606 -11,713
71,557   71,631 -74
50,425   50,476 -51
14,000   14,000  
7,000   7,000  
14,000   14,000  
7,000   7,000  
      1,103
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       -5,840
b       -8,568
c       5,672
d       2,471
e       2,916
      4,141
      39,433
      18,846
      546
      -737
      9,376
      14,075
      -3,487
      9,573
      5,038
      8,373
      5,078
      8,250
      507
      2,579
      499
      5,534
      36,835
      22,853
      -599
      72
      6,441
      879
      737
      4,330
      901
      2,523
      -15,658
      -190
      287
      6,875
      2,894
      13,129
      1,689
      829
      -3,639
      -1,066
      1,244
      2,591
      1,791
      1,471
      1,013
      -13,501
      2,379
      3,561
      -1,593
      57,810
      1,942
      26,823
      5,916
      2,608
      1,197
      3,779
      7,406
      -30,294
      -3,995
      11,242
      977
      -1,658
      -11
      -10
      152
      6
      -2
      3
      5
      11
      49
      102
      -250
      169
      30
      10
      4
      13
      -6
      165
      18
      11
      34
      7
      358
      34
      2
      -65
      -11,128
      -3,777
      -28,785
      -6,141
      -6,949
      -1,985
      -14,487
      -14,248
      -1,278
      246
      -11,759
      -43,389
      -9,483
      -11,003
      -4,775
      4,495
      20,301
      -10,919
      9,419
      582
      4,019
      -5,035
      -806
      -15,616
      3,073
      1,308
      -609
      2,486
      2,740
      1,604
      706
      -2,023
      -719
      -2,070
      -2,143
      -3,636
      -2,860
      3,150
      -2,750
      -1,272
      -504
      -451
      -2,617
      256
      -3,093
      -1,037
      -445
      3,188
      -38,079
      -236
      238
      522
      -1,301
      2,359
      -3,110
      -815
      13,470
      1,299
      1,597
      2,737
      490
      -13,446
      -573
      -316
      -12,545
      -3,171
      -1,784
      -581
      522
      -8,950
      3,385
      -2,026
      -1,901
      -4,081
      -368
      -5,161
      -5,483
      -9,056
      -281
      -600
      2,862
      11,079
      4,861
      -2,463
      1,266
      -2,481
      4,916
      1,309
      -99
      -5,593
      1,676
      -5,205
      288
      3,911
      1,103
      584
      1,816
      -321
      -5,134
      534
      -114
      -8,845
      1,503
      -1,646
      -40
      1,777
      2,706
      -5,158
      -9,993
      9,784
      -9,918
      -31,352
      -11,546
      -31,317
      4,383
      -3,123
      14,227
      767
      -5,478
      -5,739
      -11,484
      -33,642
      -3,819
      -22,796
      -2,468
      -131,753
      -66,331
      51
      24
      59
       
      -26
      66
      64
      7
      -31
      15
      -6
      72
      4,473
      -1,921
      -2,083
      -8,972
      -1,432
      4,716
      -458
      6,605
      6,355
      -1,765
      80
      -7,026
      2,670
      -2,970
      2,739
      603
      -9,291
      11,438
      6,100
      2,166
      1,147
      -5,213
      29
      11,097
      5,818
      -7
      -3,062
      -597
      -938
      -394
      -1,985
      -894
      17,298
      8,942
      17,499
      10,336
      956
      810
      1,211
      606
      1,411
      706
      30
      105
      -4,387
      -3,115
      -13
      -55
      174
      61,248
      54,501
      18
      -28
      39
      73
      128
       
       
      -737
      -143
      3,884
      11,690
      34
      14,100
      75,885
      11,559
      -5,329
      -3,832
      -13,922
      -6,250
      -11,713
      -74
      -51
       
       
       
       
       
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 2 159,994
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2010 1,018,351 24,558,225 0.041467
2009 941,887 21,894,478 0.043019
2008 1,216,433 19,858,089 0.061256
2007 1,478,340 26,912,654 0.054931
2006 1,339,361 27,302,616 0.049056
2 Total of line 1, column (d) ...................... 2 0.249729
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 0.049946
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 22,593,816
5 Multiply line 4 by line 3....................... 5 1,128,471
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 5,463
7 Add lines 5 and 6......................... 7 1,133,934
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,240,040
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2011)
Form 990-PF (2011)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 5,463
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 0
3 Add lines 1 and 2............................ 3 5,463
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,463
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 47,446
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 47,446
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
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 41,983
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet5,464 Refunded Bullet 11 36,519
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)bulletOR
    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 ofbulletUS BANK Telephone no.bullet (503) 275-4327
    Located atbullet555 SW OAKPORTLANDOR ZIP+4bullet97204
    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
     
    No
    .........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
    US BANK TRUSTEE
    1     		275,936    
    PO BOX 3168
    PORTLAND,OR97208
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    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.............bullet0
    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
    22,683,596
    b
    Average of monthly cash balances.......................
    1b
    254,288
    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
    22,937,884
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    22,937,884
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    344,068
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    22,593,816
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,129,691
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,129,691
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    5,463
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,463
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,124,228
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    24,048
    5
    Add lines 3 and 4............................
    5
    1,148,276
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    1,148,276
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,240,040
    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
    1,240,040
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
    5,463
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,234,577
    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 1,148,276
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 280,714
    b Total for prior years:2009, 20, 20 0
    3 Excess distributions carryover, if any, to 2011:
    a From 2006....... 0
    b From 2007....... 0
    c From 2008....... 0
    d From 2009....... 0
    e From 2010....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 1,240,040
    a Applied to 2010, but not more than line 2a 280,714
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		 0
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		0
    d Applied to 2011 distributable amount..... 959,326
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2011. 0 0
    (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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		0
    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 ..........     		188,950
    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) ...........     		0
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		0
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2007.... 0
    b Excess from 2008.... 0
    c Excess from 2009.... 0
    d Excess from 2010.... 0
    e Excess from 2011.... 0
    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:
    MICHAEL SULLIVAN CO US BANK
    PO BOX 7928
    BOISE,ID83707
    (208) 383-7217
    bThe form in which applications should be submitted and information and materials they should include:
    FORMS, INFORMATION AND MATERIALS: CONTACT ABOVE AVAILABLE UPON REQUEST
    cAny submission deadlines:
    NOT APPLICABLE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SCHOLARSHIPS TO WORTHY STUDENTS WHO ARE GRADUATES OF HIGH SCHOOLS IN BAKER COUNTY, OREGON GRANTS TO TAX EXEMPT ORGANIZATIONS IN THE BAKER COUNTY OREGON AREA
    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
    BAKER RURAL FIRE PROTECTION DIST
    PO BOX 126
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 21,250
    PINE EAGLE ECONOMIC DEVELOPMENT COR
    37565 WOODS LANE
    RICHLAND,OR97870     		NONE PUBLIC GENERAL SUPPORT 30,000
    BAKER CO 4HFFA LIVESTOCK AUCTION
    2600 EAST STREET
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 1,000
    SHRINER'S HOSPITAL FOOD CARAVAN
    ATTN RANDALL GUYER
    2790 MAIN STREET
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 100
    BAKER CITY LIONS CLUB
    PO BOX 528
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 5,000
    BAKER COMMUNITY CONCERT ASSOCIATION
    3550 CEDAR STREET
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 3,850
    BAKER HERITAGE MUSEUM
    2480 GROVE STREET
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 10,000
    BAKER COMMUNITY CHOIR INC
    1055 IDLEWOOD DR
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 3,000
    GRANDE RONDE SYMPHONY ASSOCIATION
    PO BOX 824
    LA GRANDE,OR97850     		NONE PUBLIC GENERAL SUPPORT 3,000
    BURNT RIVER SCHOOL DIST 30J
    PO BOX 8
    UNITY,OR97884     		NONE PUBLIC GENERAL SUPPORT 4,500
    CORNICOPIA ARTS COUNCIL
    PO BOX 921
    HALFWAY,OR97834     		NONE PUBLIC GENERAL SUPPORT 2,500
    BAKER COUNTY COMMUNITY LITERACY
    2400 RESORT STREET
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 3,500
    EAGLE VALLEY AMBULANCE SERVICE
    PO BOX 334
    RICHLAND,OR97870     		NONE PUBLIC GENERAL SUPPORT 3,500
    EASTERN OREGON REGIONAL
    ARTS COUNCIL
    PO BOX 541
    LA GRANDE,OR97850     		NONE PUBLIC GENERAL SUPPORT 3,500
    EASTERN OREGON REGIONAL THEATER
    INC
    2101 MAIN STREET STE 221
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 3,500
    FAMILY YMCA OF BAKER COUNTY
    580 BAKER STREET
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 5,000
    INLAND NORTHWEST MUSICIAN
    322 SW 3RD OFFICE 1
    PENDLETON,OR97801     		NONE PUBLIC GENERAL SUPPORT 1,000
    NORTH POWDER SCHOOL DIST 8j
    PO BOX 10
    NORTH POWDER,OR97867     		NONE PUBLIC GENERAL SUPPORT 3,750
    OREGON MUSEUM OF SCIENCE AND
    INDUSTRY
    1945 SE WATER AVE
    PORTLAND,OR97214     		NONE PUBLIC GENERAL SUPPORT 2,500
    PINE EAGLE HEALTH PLANNING
    COMMITTEE
    PO BOX 488
    HALFWAY,OR97834     		NONE PUBLIC GENERAL SUPPORT 2,500
    SPECIAL OLYMPICS OREGON
    BAKER COUNTY
    PO BOX 508
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 3,500
    RACHEL CENTER CRISIS PREGNANCY HELP
    PO BOX 1086
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 5,000
    NORTH POWDER CITY LIBRARY
    PO BOX 309
    NORTH POWDER,OR97867     		NONE PUBLIC GENERAL SUPPORT 2,560
    NORTHEAST OREGON AREA HEALTH ED
    1 UNIVERSITY BLVD
    LAGRANDE,OR97850     		NONE PUBLIC GENERAL SUPPORT 2,000
    PINE EAGLE HIGHCHARTER SCHOOL
    375 N MAIN STREET
    HALFWAY,OR97834     		NONE PUBLIC GENERAL SUPPORT 3,000
    TRAIL TENDERS INC
    PO BOX 862
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 5,000
    UNITED COMMUNITY PARTNERS INC
    PINE EAGLE PARENTS ORGANIZATION
    PO BOX 708
    HALFWAY,OR97834     		NONE PUBLIC GENERAL SUPPORT 2,000
    KIWANIS INTERNATIONAL
    PO BOX 132
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 1,700
    ADLER HOUSE MUSEUM
    2480 GROVE STREET
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 8,000
    AMERICAN NATIONAL RED CROSS
    EASTERN OREGON CHAPTER
    PO BOX 1024
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 8,000
    POWDER VALLEY CHARTER SCHOOL
    PO BOX 10
    NORTH POWDER,OR97867     		NONE PUBLIC GENERAL SUPPORT 3,000
    BAKER COUNTY LIBRARY DISTRICT
    2400 RESORT STREET
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 7,500
    HISTORICAL BAKER CITY CHARITABLE
    FUND
    PO BOX 1074
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 12,500
    KEATING RURAL FIRE PROTECTION DIST
    26488 KEATING GRANGE LANE
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 6,000
    NEW DIRECTIONS NORTHWEST INC
    PO BOX 1005
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 20,000
    BLUE MOUNTAIN HUMANE SOCIETY
    3212 OLD HWY 30
    LA GRANDE,OR97850     		NONE PUBLIC GENERAL SUPPORT 3,000
    BAKER LITTLE LEAGUE AND BABE RUTH
    INCORPORATED
    PO BOX 505
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 14,000
    BAKER COUNTY CASA
    1995 THIRD STREET
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 9,000
    CHILD CARE RESOURCES & REFERRAL
    1901 ADAMS AVENUE SUITE 3
    LEGRANDE,OR97850     		NONE PUBLIC GENERAL SUPPORT 3,000
    CROSSROADS CREATIVE & PERFORMING
    ARTS
    2020 AUBURN AVE
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 11,240
    NORTHEAST OREGON COMPASSION CENTER
    PO BOX 665
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 5,500
    ELKHORN GRANGE #908
    PO BOX 302
    HAINES,OR97833     		NONE PUBLIC GENERAL SUPPORT 6,950
    HUNTINGTON FIRE DEPARTMENT
    PO BOX 369
    HUNTINGTON,OR97907     		NONE PUBLIC GENERAL SUPPORT 6,000
    MAYDAY
    1931 COURT AVE
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 12,000
    MUSIC CAMPS AT WALLOWA LAKE
    PO BOX 636
    LAGRANDE,OR97850     		NONE PUBLIC GENERAL SUPPORT 6,000
    SUMPTER VALLEY MUSEUM ASSOC
    PO BOX 67
    SUMPTER,OR97877     		NONE PUBLIC GENERAL SUPPORT 7,400
    SALVATION ARMY
    2505 BROADWAY
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 15,000
    ST ELIZABETH HEALTH CARE FOUNDATION
    3235 POCAHONTAS ROAD
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 41,232
    BAKER COUNTY DEVELOPMENT CORP
    47500 ANTHONY LAKES HIGHWAY
    NORTH POWDER,OR97867     		NONE PUBLIC GENERAL SUPPORT 40,000
    BAKER COUNTY FAIR BOARD
    2600 EAST STREET
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 20,000
    PINE VALLEY FAIR ASSOCIATION
    250 FAIRGROUNDS ROAD
    HALFWAY,OR97834     		NONE PUBLIC GENERAL SUPPORT 7,500
    OREGON HISTORICAL SOCIETY
    1200 SW PARK AVENUE
    PORTLAND,OR97205     		NONE PUBLIC GENERAL SUPPORT 1,000
    ROBINSON JEWISH SOCIETY
    6125 SW BOUNDARY STREET
    PORTLAND,OR97221     		NONE PUBLIC GENERAL SUPPORT 1,000
    CHURCH OF NAZARENE
    1250 HUGHES LANE
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 1,000
    FIRST WARD LDS CHURCH
    2625 HUGHES LANE
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 1,000
    CALVARY BAPTIST CHURCH
    2130 FOURTH STREET
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 1,000
    UNITED METHODIST CHURCH
    1919 SECOND STREET
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 1,000
    CITY OF BAKER CITY
    LEO ADLER MEMORIAL PARKWAY
    PO BOX 650
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 21,000
    ST STEPHENS EPISCOPAL CHURCH
    2177 FIRST STREET
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 1,000
    ST FRANCIS CATHOLIC CHURCH
    2235 FIRST STREET
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 1,000
    SECOND WARD LDS CHURCH
    2625 HUGHES LANE
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 1,000
    FIRST LUTHERAN CHURCH
    1734 THIRD STREET
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 1,000
    FIRST PRESBYTERIAN CHURCH
    1995 FOURTH STREET
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 1,000
    FIRST CHRISTIAN CHURCH
    675 HIGHWAY 7
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 1,000
    BAKER CITY FIREMAN'S FUND
    BAKER CITY HALL
    PO BOX 650
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 400
    BAKER COUNTY SCHOOL DISTRICT 5J
    2500 E STREET
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 17,500
    FOR BAKER LOVES BIKES
    2023 1/2 MAIN STREET 3
    BAKER CITY,OR97814     		NONE PUBLIC GENERAL SUPPORT 5,000
    SHRINERS HOSPITAL FOR CHILDREN
    ATTN RANDELL GUYER CPA
    2790 MAIN STREET
    BAKER CITY,OR97814     		NONE PUBLIC FOOTBALL COVER 1,000
    OREGON STATE UNIVERSITY
    PO BOX 1086
    CORVALLIS,OR97339     		NONE UNIVERSITY SCHOLARSHIPS 83,583
    BRIGHAM YOUNG UNIVERSITY - HAWAII
    FINANCIAL AID OFFICE
    55 - 220 KULANUI ST
    LAIE,HI96762     		NONE COLLEGE SCHOLARSHIPS 3,700
    BLUE MOUNTAIN COMMUNITY COLLEGE
    PO BOX 100
    PENDLETON,OR97801     		NONE COLLEGE SCHOLARSHIPS 35,397
    BRIGHAM YOUNG UNIVERSITY - PROVO
    FINANCIAL AID OFFICE
    A-41 ASB
    PROVO,UT84602     		NONE UNIVERSITY SCHOLARSHIPS 17,700
    BRIGHAM YOUNG UNIVERSITY - IDAHO
    120 KIMBALL BUILDING
    525 SOUTH CENTER STREET
    REXBURG,ID83460     		NONE UNIVERSITY SCHOLARSHIPS 16,300
    EASTERN OREGON UNIVERSITY
    1 UNIVERSITY BLVD
    LA GRANDE,OR97850     		NONE UNIVERSITY SCHOLARSHIPS 91,440
    BOISE STATE UNIVERSITY
    FINANCIAL AID OFFICE
    1910 UNIVERSITY DR
    BOISE,ID83725     		NONE UNIVERSITY SCHOLARSHIPS 44,150
    NORTHWEST NAZARENE UNIVERSITY
    623 HOLLY STREET
    NAMPA,ID83686     		NONE UNIVERSITY SCHOLARSHIPS 17,450
    TREASURE VALLEY COMMUNITY COLLEGE
    650 COLLEGE BLVD
    ONTARIO,OR97914     		NONE COLLEGE SCHOLARSHIPS 17,800
    UNIVERSITY OF IDAHO
    PO BOX 444291
    MOSCOW,ID83844     		NONE UNIVERSITY SCHOLARSHIPS 15,750
    WEBER STATE UNIVERSITY
    CASHIERS OFFICE
    1136 UNIVERSITY CIRCLE
    OGDEN,UT84408     		NONE UNIVERSITY SCHOLARSHIP 1,850
    WESTERN OREGON UNIVERSITY
    345 N MONMOUTH AVE
    MONMOUTH,OR97361     		NONE UNIVERSITY SCHOLARSHIPS 775
    WHEATON COLLEGE
    501 E COLLEGE AVE
    WHEATON,IL60187     		NONE UNIVERSITY SCHOLARSHIP 4,800
    WHITWORTH COLLEGE
    300 W HAWTHORNE ROAD
    SPOKANE,WA99251     		NONE UNIVERSITY SCHOLARSHIP 4,800
    PACIFIC UNIVERSITY
    2043 COLLEGE WAY
    FOREST GROVE,OR97116     		NONE UNIVERSITY SCHOLARSHIPS 13,200
    PENSACOLA CHRISTIAN COLLEGE
    FINANCIAL AID OFFICE
    PO BOX 18000
    PENSACOLA,FL32523     		NONE COLLEGE SCHOLARSHIPS 10,400
    PORTLAND STATE UNIVERSITY
    PO BOX 751
    PORTLAND,OR97214     		NONE UNIVERSITY SCHOLARSHIPS 9,900
    SOUTHERN OREGON UNIVERSITY
    1250 SISKIYOU BLVD
    ASHLAND,OR97520     		NONE UNIVERSITY SCHOLARSHIPS 10,800
    GEORGE FOX UNIVERSITY
    414 N MERIDIAN ST
    NEWBERG,OR97132     		NONE UNIVERSITY SCHOLARSHIPS 7,200
    MT HOOD COMMUNITY COLLEGE
    FINANCIAL AID OFFICE
    26000 SE STARK STREET
    GRESHAM,OR97030     		NONE UNIVERSITY SCHOLARSHIP 10,800
    UNIVERSITY OF OREGON
    119 OREGON HALL
    EUGENE,OR97403     		NONE UNIVERSITY SCHOLARSHIPS 29,400
    BOISE BIBLE COLLEGE
    FINANCIAL AID OFFICE
    8695 W MARIGOLD STREET
    BOISE,ID83714     		NONE UNIVERSITY SCHOLARSHIP 3,600
    CALIFORNIA STATE U OF SAC
    FINANCIAL AID OFFICE
    6000J STREET
    SACRAMENTO,CA95819     		NONE UNIVERSITY SCHOLARSHIP 1,550
    CENTRAL OREGON COMMUNITY COLLEGE
    2600 NW COLLEGE WAY
    BEND,OR97701     		NONE COLLEGE SCHOLARSHIPS 2,400
    CHEMEKETA COLLEGE
    FINANCIAL AID OFFICE
    PO BOX 14007
    SALEM,OR97309     		NONE COLLEGE SCHOLARSHIPS 4,800
    WASHINGTON STATE UNIVERSITY
    PO BOX 641068
    PULLMAN,WA99164     		NONE UNIVERSITY SCHOLARSHIPS 8,100
    COLORADO SCHOOL OF MINES
    1600 MAPLE ST
    GOLDEN,CO80401     		NONE SCHOOL SCHOLARSHIP 2,400
    CORBAN COLLEGE
    5000 DEER PARK CR SE
    SALEM,OR97301     		NONE COLLEGE SCHOLARSHIPS 3,700
    ITT TECHNICAL INSTITUTE
    12302 WEST EXPLORER
    BOISE,ID83713     		NONE SCHOOL SCHOLARSHIP 1,550
    LANE COMMUNITY COLLEGE
    ENROLLMENT SERVICES
    4000 E 30TH AVE
    EUGENE,OR97405     		NONE COLLEGE SCHOLARSHIPS 4,750
    COLLEGE OF SOUTHERN IDAHO FDN
    FINANCIAL AID OFFICE
    PO BOX 1238
    TWIN FALLS,ID83303     		NONE UNIVERSITY SCHOLARSHIP 1,800
    OREGON INSTITUTE OF TECHNOLOGY
    3201 CAMPUS DRIVE
    KLAMATH FALLS,OR97601     		NONE SCHOOL SCHOLARSHIPS 4,550
    PATRICK HENRY COLLEGE
    1 PATRICK HENRY CIRCLE
    PURCELLVILLE,VA20132     		NONE COLLEGE SCHOLARSHIP 4,400
    MACALESTER COLLEGE
    1600 GRAND AVE
    SAITN PAUL,MN55105     		NONE UNIVERSITY SCHOLARSHIP 4,800
    MIDWESTERN UNIVERSITY
    FINANCIAL AID OFFICE
    19555 N 59TH AVE
    GLENDALE,AZ85308     		NONE UNIVERSITY GENERAL SUPPORT 3,700
    NEW MEXICO HIGLANDS UNIVERSITY
    BOX 9000
    LAS VEGAS,NM87701     		NONE UNIVERSITY SCHOLARSHIP 4,800
    NORTHERN ARIZONA UNIVERSITY
    PO BOX 4108
    FLAGSTAFF,AZ86001     		NONE UNIVERSITY SCHOLARSHIP 3,700
    SAN DIEGO STATE UNIVERSITY
    5500 CAMPANILLE DRIVE
    SAN DIEGO,CA92182     		NONE COLLEGE SCHOLARSHIPS 2,400
    UNIVERSITY OF MONTA-WESTERN
    710 SOUTH ATLANTIC
    DILLON,MT59725     		NONE UNIVERSITY SCHOLARSHIP 1,800
    UNIVERSITY OF PORTLAND
    5000 N WILLAMETTE BLVD
    PORTLAND,OR97203     		NONE UNIVERSITY SCHOLARSHIPS 3,700
    UNIVERSITY OF WASHINGTON
    PO BOX 355850
    SEATTLE,WA98195     		NONE COLLEGE SCHOLARSHIPS 3,700
    UTAH VALLEY UNIVERSITY
    FINANCIAL AID OFFICE
    800 W UNIVERSITY PKWY
    OREM,UT84058     		NONE COLLEGE SCHOLARSHIPS 1,550
    WALLA WALLA COMMUNITY COLLEGE
    500 TAUSICK WAY
    WALLA WALLA,WA99362     		NONE COLLEGE SCHOLARSHIPS 7,800
    BIG BEND COMMUNITY COLLEGE
    7662 CHANUTE STREET
    MOSES LAKE,WA98837     		NONE UNIVERSITY SCHOLARSHIP 2,400
    UNIVERSITY OF ALASKA-FAIRBANKS
    PO BOX 756360
    FAIRBANKS,AK99775     		NONE UNIVERSITY SCHOLARSHIP 4,800
    EASTERN WASHINGTON UNIVERSITY
    FINANCIAL AID OFFICE
    SUTTON HALL
    CHENEY,WA99004     		NONE COLLEGE SCHOLARSHIPS 2,400
    BAKER COLLEGE OF ALLEN PARK
    4500 ENTERPRISE DR
    ALLEN PARK,MI48101     		NONE UNIVERSITY SCHOLARSHIP 2,400
    CONCORDIA UNIVERSITY
    7400 AUGUSTA STREET
    RIVER FOREST,IL60305     		NONE COLLEGE SCHOLARSHIPS 2,400
    COLUMBIA GREENE COMMUNITY COLLEGE
    4400 ROUTE 33
    HUDSON,NY12534     		NONE COLLEGE SCHOLARSHIP 3,000
    UNIV OF N CAROLINA AT CHAPEL HILL
    111 PETTIGREW HALL CB2300
    CHAPEL HILL,NC27599     		NONE COLLEGE SCHOLARSHIPS 3,700
    CORNELL UNIVERSITY
    349 PINE TREE RD
    ITHACA,NY14850     		NONE UNIVERSITY SCHOLARSHIP 4,800
    FLORIDA COASTAL SCHOOL OF LAW
    FINANCIAL AID OFFICE
    8787 PAYPINE RD
    JACKSONVILLE,FL32256     		NONE COLLEGE SCHOLARSHIPS 2,400
    OREGON HEALTH SCIENCES UNIVERSITY
    3181 SW SAM JACKSON PARK RD
    PORTLAND,OR97201     		NONE UNIVERSITY SCHOLARSHIPS 11,800
    PAUL MITCHELL SCHOOL OF COSMETOLOGY
    480 NORTH 900 EAST
    PROVO,UT84606     		NONE UNIVERSITY SCHOLARSHIP 2,400
    TREVECCA NAZARENE UNIVERSITY
    333 MURFREESBORO RD
    NASHVILLE,TN37210     		NONE COLLEGE SCHOLARSHIPS 3,700
    UNIVERSITY OF CALIFORNIA -SANTA BAR
    1210 CHEADLE HALL
    SANTA BARBARA,CA93106     		NONE COLLEGE SCHOLARSHIPS 3,700
    UNIVERSITY OF COLORADO COLO SPRNG
    1420 AUSTIN BLUFF PKWY
    COLORADO SPRINGS,CO80918     		NONE COLLEGE SCHOLARSHIPS 4,800
    CARRINGTON COLLEGE-BOISE
    1122 NORTH LIBERTY ST
    BOISE,ID83704     		NONE UNIVERSITY SCHOLARSHIP 3,000
    COLORADO STATE UNIVERSITY
    FT COLLINS
    8024 CAMPUS DELIVERY
    FT COLLINS,CO80523     		NONE UNIVERSITY SCHOLARSHIPS 1,800
    LINN BENTON COMMUITY COLLEGE
    6500 PACIFIC BLVD SW
    NAMPA,ID97321     		NONE COLLEGE SCHOLARSHIP 6,700
    HARVARD UNIVERSITY
    556 HOLYOKE CENTER
    CAMBRIDGE,MA02138     		NONE UNIVERSITY SCHOLARSHIP 4,800
    PORTLAND COMMUNITY COLLEGE
    OFFICE OF STUDENT FINANCIAL AID
    PO BOX 19000
    PORTLAND,OR97280     		NONE COLLEGE SCHOLARSHIPS 3,400
    RAZZLE DAZZLE COLLEGE OF HAIR DES
    120 HOLLY ST
    NAMPA,ID83686     		NONE COLLEGE SCHOLARSHIP 1,800
    UNIVERSITY OF CHICAGO
    5801 SOUTH ELLIS AVE
    CHICAGO,IL60637     		NONE UNIVERISTY SCHOLARSHIP 3,700
    FLORIDA STATE UNIVERSITY
    A2500 UNIVERSITY CENTER
    TALLAHASSEE,FL32306     		NONE UNIVERSITY SCHOLARSHIP 4,400
    SOUTHWEST ACUPUNCTURE COLLEGE
    6620 GUNPARK DR
    BOULDER,CO80301     		NONE COLLEGE SCHOLARSHIP 2,400
    UNIVERSITY OF MICHIGAN LAW SCHOOL
    625 SOUTH STATE STREET
    ANN ARBOR,MI48109     		NONE UNIVERSITY SCHOLARSHIP 4,400
    MONTANA TECH OF UNIV MONTANA
    1300 WEST PARK STREET
    BUTTE,MT59701     		NONE UNIVERISTY SCHOLARSHIP 3,700
    OCCIDENTAL COLLEGE
    1600 CAMPUS RD
    LOS ANGELES,CA90041     		NONE COLLEGE SCHOLARSHIP 3,700
    LINFIELD COLLEGE
    900 SE PAKER STREET
    MCMINNVILLE,OR97128     		NONE COLLEGE SCHOLARSHIP 10,400
    NORTHWESTERN COLLEGE
    101 7TH STREET SW
    ORANGE CITY,IA51041     		NONE COLLEGE SCHOLARSHIP 2,400
    DEVRY UNIVERSITY
    300 BAUMAN CRT
    WOOD DALE,IL60191     		NONE UNIVERISTY SCHOLARSHIP 3,700
    THE BRYMAN SCHOOL OF ARIZONA
    2250 W PEORIA AVE SUITE A100
    PHOENIX,AZ85029     		NONE COLLEGE SCHOLARSHIP 3,700
    ROBERTS WESLEYAN COLLEGE
    2301 WESSIDE DR
    ROCHESTER,NY14624     		NONE COLLEGE SCHOLARSHIP 3,700
    IOWA CENTRAL COMMUNITY COLLEGE
    ONE TRITON CIR
    FORT DODGE,IA50501     		NONE COLLEGE SCHOLARSHIP 1,600
    NEVADA STATE COLLEGE HENDERSON
    1125 NEVADA STATE DRIVE
    HENDERSON,NV89002     		NONE COLLEGE SCHOLARSHIP 2,400
    COLLEGE F WESTERN IDAHO
    5500 EAST UNIVERSITY WAY
    NAMPA,ID83687     		NONE COLLEGE SCHOLARSHIP 1,550
    LEWIS-CLARK STATE COLLEGE
    500 8TH AVENUE
    LEWISTON,ID83501     		NONE COLLEGE SCHOLARSHIP 900
    KLAMATH COMMUNITY COLLEGE
    7390 SOUTH 6TH STREET
    KLAMATH FALLS,OR97603     		NONE COLLEGE SCHOLARSHIP 1,600
    MONTANA STATE UNIVERSITY
    PO BOX 172640
    BOZEMAN,MT59717     		NONE UNIVERSITY SCHOLARSHIP 2,400
    UNIVERSITY OF NEVADA
    1669 N VIRGINIA ST
    RENO,NV89557     		NONE UNIVERSITY SCHOLARSHIP 1,200
    UNIVERSITY OF ARIZONA
    PO BOX 210066
    TUSCON,AZ85721     		NONE UNIVERSITY SCHOLARSHIP 1,500
    UTAH STATE UNIVERSITY
    106 TAGGART STUDENT CENTER
    LOGAN,UT84322     		NONE UNIVERSITY SCHOLARSHIP 2,200
    WASHINGTON STATE UNIVERSITY
    NORTHEAST WILSON ROAD
    PULLMAN,WA99164     		NONE UNIVERSITY SCHOLARSHIP 4,400
    Total .................................bullet 3a 1,138,327
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments          
    4 Dividends and interest from securities....     14 642,854  
    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.....     14 2,300  
    8Gain or (loss) from sales of assets other than inventory     18 159,994  
    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)..   805,148  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13805,148
    (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:
    LEO ADLER COMMUNITY FUND 97331640
    EIN: 93-6289087
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 2,000     2,000

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    LEO ADLER COMMUNITY FUND 97331640
    EIN: 93-6289087
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICAN CENTURY INTL BD FDS 466,776 464,475
    ISHARES BARCLAYS TIPS BOND 665,046 713,771
    NUVEENE CORE BOND    
    NUVEENE HIGH INCOME BOND 730,137 767,539
    NUVEENE TOTAL RETURN BOND    
    NUVEENE SHORT TERM BOND 959 971
    ISHARES JP MORGAN EM BOND 236,048 237,241
    T ROWE PRICE INTL BOND    
    NUVEEN CORE PLUS BOND 1,073,153 1,085,821

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    LEO ADLER COMMUNITY FUND 97331640
    EIN: 93-6289087
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALLERGAN INC    
    AMERICAN TOWER CORP 20,799 37,122
    AMPHENOL CORP    
    APACHE CORP 5,530 5,449
    APPLE INC 19,195 19,272
    ATLANTIC TELE-NETWORK INC    
    BANK OF AMERICA CORP    
    BEST BUY COMPANY INC    
    CAMERON INTL CORP    
    CENTRAL EUROPEAN DISTRIBUTION    
    CISCO SYS INC    
    CLIFFS NATURAL RESOURCES INC    
    CRANE CO    
    EXXON MOBIL CORP    
    FREEPORT-MCMORAN COPPER & GOLD    
    GARDNER DENVER INC    
    GOLDMAN SACHS GROUP INC 17,031 9,394
    HEWLETT PACKARD CO    
    ICU MED    
    INTEL CORP 22,911 35,205
    INTERNATIONAL BUSINESS MACHINE 19,049 18,189
    INTUIT INC 4,796 12,582
    J P MORGAN CHASE & CO    
    MICROS SYS INC    
    MICROSOFT CORP 19,024 17,711
    NET 1 UEPS TECHNOLOGIES INC    
    ORACLE CORPORATION 24,056 35,670
    PFIZER INC 74,024 104,949
    QUALCOMM INC 16,792 21,771
    SILGAN HLDGS INC    
    UNITED TECHNOLOGIES CORP 22,279 32,251
    VECTREN CORPORATION    
    ABB LTD A D R REPSTG ONE REG    
    ACCENTURE LTD    
    AGRIUM INC    
    ANGLO AMERICAN PLC A D R    
    BANCO SANTANDER CENT HISPANO    
    BARCLAYS BANK PLC    
    BRITISH AMERN TOB PLC    
    DBS GROUP HLDGS LTD    
    FOMENTO ECONOMICO MEXICANO S A    
    HONDA MTR CO LTD    
    ROCHE HLDG LTD    
    RRWE AG ADR    
    SCHLUMBERGER LTD 18,737 16,487
    TELEFONICA SA SPON A D R    
    CREDIT SUISSE COMM RET ST CO 581,905 535,501
    ISHARES MSCI EMERGING MKTS IND 775,317 779,383
    KEPPEL CORP LTD SPONS A D R    
    KONINKLIJKE (ROYAL) KPN NV SP    
    MITSUBISHI UFJ FINL GRP A D R    
    NESTLE S A SPONSORED ADR REPST    
    NOKIA CORP SPDS ADR    
    NOVARTIS A G A D R    
    PETROLEO BRASILEIRO SA PETROBR    
    B M C SOFTWARE INC    
    BRANDYWINE REALTY TRUST    
    FLUSHING FINANCIAL CORPORATION    
    FUJIFILM HLDGS CORP ADR 2 ORD    
    HOME DEPOT 19,048 20,454
    MEDNAX INC    
    S P X    
    AEGON N V NY REG SHR    
    CENTRAL EUROPEAN MEDIA ENT A    
    DESARROLLADORA HOMEX A D R    
    FOSTERS GROUP LIMITED A D R    
    MITSUI & CO LTD SPSD ADR    
    SANOFI AVENTIS A D R    
    TEVA PHARMACEUTICAL INDS LTD    
    UNILEVER PLC SPSD ADR    
    VALE SA SP A D R    
    AMERICAN CENTY VISTA FUND INST    
    AMERICAN EUROPACIFIC GRTH F2 787,669 746,447
    AMERICAN GRW FD OF AMER F2    
    NEUBERGER BERMAN GENESIS INSTL    
    PIMCO TOTAL RETURN FUND 1,777,813 1,859,406
    PIONEER FUND CL Y    
    ROWE T PRICE MID-CAP GROWTH FD 356,477 417,501
    ROWE T PRICE MID-CAP VALUE FD 262,991 369,835
    T ROWE PRICE INTL GR&INC FD    
    T ROWE PRICE SMALL CAP VALUE    
    TEMPLETON INSTL FDS INC    
    ALPHA NATURAL RESOURCES INC    
    BIOMED REALTY TRUST INC    
    DREAMWORKS ANIMATION SKG INC    
    HARMONIC INC    
    INTREPID POTASH INC    
    J2 GLOBAL COMMUNICATIONS INC    
    TELE COMMUNICATIONS SYSTEMS    
    WET SEAL INC CL A    
    GLAXO SMITHKLINE P L C A D R    
    NIPPON TELEGRAPH TELE A D R    
    ANALOG DEVICES INC    
    BERKSHIRE HATHAWAY INC    
    BRISTOL MYERS SQUIBB CO    
    DISNEY WALT CO    
    DIRECTV CL A    
    DOLLAR TREE INC    
    DR PEPPER SNAPPLE GROUP    
    EXPRESS SCRIPTS INC 11,152 16,302
    GT SOLAR INTERNATIONAL INC    
    HESS CORP    
    OCCIDENTAL PETROLEUM CORP    
    P G E CORP    
    ACE LTD    
    CANON INC SPONS A D R    
    LUKOIL SPON A D R    
    AMERICAN CENTURY SMALL CAP GR    
    MIDCAP SPDR TRUST SERIES IETF    
    SCOUT INTERNATIONAL FUND 952,346 1,069,075
    SPDR GOLD TRUST    
    SPDR S&P 500 ETF TRUST 2,539,764 2,816,421
    POWER ASSETS HOLDINGS A D R    
    TREASURY WINE ESTATES LTS    
    ZURICH FINANCIAL SVCS ADR    
    ABERDEEN FDS EMRG MKT 426,276 402,946
    AMERICAN CENT EQUITY INCOME 603,107 611,586
    AMERICAN CENTY SMALL CP GROWTH    
    DODGE & COX STOCK FUND    
    FRANKLIN MUTUAL SHARES FUND    
    IPATH DOW JONES UBSCOMMODITY 271,524 210,216
    LAUDUS INTL MARKETMASTERS    
    NUVEENE REAL ESTATE 845,508 1,113,342
    NUVEENE INFATION PRO SEC    
    SPDR DJ WILSHIRE INTERNATL 359,068 356,398
    T ROWE PRICE SC STOCK 226,198 209,441
    VANGUARD EXPLORER FUND    
    DRIEHAUIS ACTIVE INCOME FUND 206,165 202,904
    ISHARES MSCI EAFE INDEX FUND 908,830 930,855
    MIDCAP SPDR TRUST SERIES 722,131 853,587
    NUVEEN STRATEGIC INCOME 1,176,961 1,210,887
    PYXIS LONG SHORT EQUITY 237,610 252,410
    AMAZON COM INC 18,738 23,520
    CITIGROUP INC 18,357 14,253
    MCDONALDS CORP 19,032 17,352
    VERIZON COMMUNICATIONS INC 6,522 7,288
    ISHARES MSCI EAFE VALUE 620,196 628,281
    ISHARES S&P SMALLCAP 236,623 258,863
    NUVEEN LARGE CAP 1,569,688 1,649,833
    VANGUARD WINDSON II 980,574 1,058,107

    TY 2011 InvestmentsGovtObligationsSch
    Name:
    LEO ADLER COMMUNITY FUND 97331640
    EIN: 93-6289087
    US Government Securities - End of Year Book Value:

    326,000
    US Government Securities - End of Year Fair Market Value:

    328,832
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2011 OtherDecreasesSchedule
    Name:
    LEO ADLER COMMUNITY FUND 97331640
    EIN: 93-6289087
    Description Amount
    PRIOR YR ADJ DIVIDEND 6,462
    ROUNDING ADJ 14


    TY 2011 OtherExpensesSchedule
    Name:
    LEO ADLER COMMUNITY FUND 97331640
    EIN: 93-6289087
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE FILING FEE 1,200 0   1,200
    ADR FEE 526 0   526
    NET EXPOSURE 525 0   525
    COMMITTEE MTG EXPENSE 666 0   666
    SOFTWARE UPGRADE EXPENSE 21,526 0   21,526
    LODGING REIMBURSEMENT 203 0   203


    TY 2011 OtherIncomeSchedule2
    Name:
    LEO ADLER COMMUNITY FUND 97331640
    EIN: 93-6289087
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BARCLAYS 24MO IYR 4.000% 2/08/12 2,300 2,300  


    TY 2011 OtherIncreasesSchedule
    Name:
    LEO ADLER COMMUNITY FUND 97331640
    EIN: 93-6289087
    Description Amount
    RETURNED SCHOLARSHIPS 24,049
    PRIOR YR ROC ADJ 3,169
    PRIOR YR SECURITIES RECEIVED VS REPORTED 12,800


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    LEO ADLER COMMUNITY FUND 97331640
    EIN: 93-6289087
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL SERVICES 47,673     47,673


    TY 2011 TaxesSchedule
    Name:
    LEO ADLER COMMUNITY FUND 97331640
    EIN: 93-6289087
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 589 589   0
    FEDERAL TAX PAYMENT - PRIOR YE 19,067 0   0
    FEDERAL ESTIMATES - PRINCIPAL 47,446 0   0
    FOREIGN TAXES ON QUALIFIED FOR 10,264 10,264   0
    FOREIGN TAXES ON NONQUALIFIED 1,424 1,424   0