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
2010
For calendar year 2010, or tax year beginning 07-01-2010 , and ending 06-30-2011
G
Check all that apply:
Name of foundation
CHARLES STEWART HARDING FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)111 EAST COURT STREET NO 3D   Room/suite
City or town, state, and ZIP code
FLINT, MI485021649
A Employer identification number

38-6081208
B Telephone number (see page 10 of the instructions)

(810) 767-0136
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$12,654,363J 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 110 110  
4 Dividends and interest from securities...... 287,807 287,807  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 542,070
b Gross sales price for all assets on line 6a 1,169,718
7 Capital gain net income (from Part IV, line 2)... 542,070
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 829,987 829,987  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 26,050 21,400   4,650
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 24,324 6,324   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 22,974 22,272   515
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 73,348 49,996   5,165
25 Contributions, gifts, grants paid........ 523,570 523,570
26 Total expenses and disbursements. Add lines 24 and 25 596,918 49,996   528,735
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 233,069
b Net investment income (if negative, enter -0-) 779,991
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
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............... 6,870 5,904 5,904
2 Savings and temporary cash investments.......... 226,781 357,390 357,390
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 7,320,596 Click to see attachment7,291,837 8,903,349
c Investments—corporate bonds (attach schedule)........ 2,790,297 Click to see attachment2,740,565 2,846,781
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 508,706 Click to see attachment626,461 540,939
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) 10,853,250 11,022,157 12,654,363
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment169,700 Click to see attachment105,538
23 Total liabilities (add lines 17 through 22).......... 169,700 105,538
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......... 5,045,559 5,045,559
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 5,637,991 5,871,060
30 Total net assets or fund balances (see page 17 of the
instructions).................... 10,683,550 10,916,619
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 10,853,250 11,022,157
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 10,683,550
2 Enter amount from Part I, line 27a...................... 2 233,069
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 10,916,619
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 10,916,619
Form 990-PF (2010)
Form 990-PF (2010)
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 FROM DRAPER FISHER JURVETSON GROWTH FUND SCHEDULE K-1 P    
b FROM MFO NORTHPOINTE FUND B JOINT VENTURE STMT P    
c FROM MFO NORTHPOINTE FUND B JOINT VENTURE STMT P    
d FROM MFO TOWLE FUND JOINT VENTURE STMT P    
e FROM MFO TOWLE FUND JOINT VENTURE STMT P    
FROM MFO WESTFIELD FUND B JOINT VENTURE STMT P    
FROM MFO WESTFIELD FUND B JOINT VENTURE STMT P    
HOMESTORE LITIGATION PROCEEDS P    
WINSTAR LITIGATION PROCEEDS P    
48.640 SHS FREEPORT-MCMORAN P    
1016.734 SHS. AMERICAN CAPITAL STRATEGIES, LTD   2009-08-07 2010-07-13
883.266 SHS. AMERICAN CAPITAL STRATEGIES, LTD   2006-05-04 2010-07-13
24.104 SHS. FRONTIER COMMUNICATIONS CORPORATION   2008-05-05 2010-07-13
1100.000 SHS. REGIONS FINANCIAL CORPORATION   2008-04-21 2010-07-26
1000.000 SHS. REGIONS FINANCIAL CORPORATION   2008-04-21 2010-07-27
308.677 SHS. VANGUARD ADM INTERM INVEST GRADE BOND FD   2010-07-30 2010-08-05
304.004 SHS. VANGUARD ADM INTERM INVEST GRADE BOND FD   2010-06-30 2010-08-05
242.891 SHS. VANGUARD ADM INTERM INVEST GRADE BOND FD   2010-01-29 2010-08-05
288.991 SHS. VANGUARD ADM INTERM INVEST GRADE BOND FD   2010-02-26 2010-08-05
305.900 SHS. VANGUARD ADM INTERM INVEST GRADE BOND FD   2010-04-30 2010-08-05
209.353 SHS. VANGUARD ADM INTERM INVEST GRADE BOND FD   2009-11-30 2010-08-05
320.343 SHS. VANGUARD ADM INTERM INVEST GRADE BOND FD   2010-03-31 2010-08-05
317.645 SHS. VANGUARD ADM INTERM INVEST GRADE BOND FD   2010-05-28 2010-08-05
7506.118 SHS. VANGUARD ADM INTERM INVEST GRADE BOND FD   2010-01-20 2010-08-05
506.174 SHS. VANGUARD ADMIRAL SHORT-TERM INVESTMENT GR   2010-06-30 2010-08-05
450.735 SHS. VANGUARD ADMIRAL SHORT-TERM INVESTMENT GR   2010-07-30 2010-08-05
8285.235 SHS. VANGUARD ADMIRAL SHORT-TERM INVESTMENT GR   2004-09-28 2010-08-05
0.000 SHS. CONAGRA FOODS, INC.   2009-09-05 2010-09-07
1200.000 SHS. EMC CORPORATION   2006-12-07 2010-09-13
100.000 SHS. EMC CORPORATION   2007-03-01 2010-09-13
0.000 SHS. INTERNATIONAL RECTIFIER CORPORATION   2009-09-18 2010-09-20
200.000 SHS. HAIN CELESTIAL GROUP, INC (THE)   2005-11-04 2010-09-22
800.000 SHS. HAIN CELESTIAL GROUP, INC (THE)   2005-11-03 2010-09-22
200.000 SHS. HAIN CELESTIAL GROUP, INC (THE)   2005-09-02 2010-09-22
0.000 SHS. AMERICAN INTERNATIONAL GROUP, INC.   2009-09-21 2010-09-23
400.000 SHS. SCHLUMBERGER LIMITED   2008-09-30 2010-09-23
200.000 SHS. HAIN CELESTIAL GROUP, INC (THE)   2005-09-02 2010-09-23
200.000 SHS. FREEPORT-MCMORAN COPPER & GOLD INC.   2008-11-07 2010-09-28
100.000 SHS. TARGET CORPORATION   2008-07-29 2010-09-28
700.000 SHS. TARGET CORPORATION   1986-12-11 2010-09-28
200.000 SHS. APACHE CORPORATION   2009-04-28 2010-10-04
200.000 SHS. APACHE CORPORATION   2009-02-20 2010-10-05
700.000 SHS. E.I. DU PONT DE NEMOURS AND COMPANY   2008-03-26 2010-10-14
0.000 SHS. AVIS BUDGET GROUP, INC.   2009-10-16 2010-10-18
152.000 SHS. JPMORGAN CHASE & CO.   2008-07-29 2010-10-19
648.000 SHS. JPMORGAN CHASE & CO.   1999-09-15 2010-10-19
800.000 SHS. JPMORGAN CHASE & CO.   1999-09-15 2010-10-20
400.000 SHS. COACH, INC.   2008-04-22 2010-10-26
200.000 SHS. COACH, INC.   2008-03-05 2010-10-26
0.000 SHS. EL PASO CORPORATION   2009-11-28 2010-11-30
300.000 SHS. NEWFIELD EXPLORATION COMPANY   2006-08-23 2010-12-02
600.000 SHS. NEWFIELD EXPLORATION COMPANY   2006-03-23 2010-12-02
100.000 SHS. NEWFIELD EXPLORATION COMPANY   2008-08-14 2010-12-02
25.383 SHS. GOOGLE INC. CLASS A   2008-11-24 2010-12-17
498.529 SHS. TESLA MOTORS INC   2009-05-11 2010-12-28
200.000 SHS. BED BATH & BEYOND INC.   2007-07-16 2011-01-06
200.000 SHS. BED BATH & BEYOND INC.   2006-07-26 2011-01-06
1900.000 SHS. EMC CORPORATION   2006-12-01 2011-01-06
100.000 SHS. FREEPORT-MCMORAN COPPER & GOLD INC.   2008-11-07 2011-01-06
200.000 SHS. FREEPORT-MCMORAN COPPER & GOLD INC.   2008-11-07 2011-01-06
400.000 SHS. JUNIPER NETWORKS, INC.   2006-01-27 2011-01-06
200.000 SHS. JUNIPER NETWORKS, INC.   2008-01-24 2011-01-06
200.000 SHS. SCHLUMBERGER LIMITED   2008-09-30 2011-01-06
100.000 SHS. UNITED PARCEL SERVICE, INC.   2005-01-27 2011-01-06
100.000 SHS. UNITED PARCEL SERVICE, INC.   2005-01-28 2011-01-06
300.000 SHS. UNITED PARCEL SERVICE, INC.   2005-01-25 2011-01-06
100.000 SHS. UNITED PARCEL SERVICE, INC.   2005-04-06 2011-01-06
200.000 SHS. BP P.L.C.   2010-05-12 2011-01-24
700.000 SHS. BP P.L.C.   2008-02-08 2011-01-24
200.000 SHS. HAIN CELESTIAL GROUP, INC (THE)   2005-09-02 2011-02-08
400.000 SHS. HAIN CELESTIAL GROUP, INC (THE)   2005-09-06 2011-02-08
700.000 SHS. JUNIPER NETWORKS, INC.   2006-01-27 2011-03-01
144.024 SHS. FRONTIER COMMUNICATIONS CORPORATION   2008-07-18 2011-03-09
95.916 SHS. FRONTIER COMMUNICATIONS CORPORATION   2008-05-05 2011-03-09
72.012 SHS. FRONTIER COMMUNICATIONS CORPORATION   2010-03-26 2011-03-09
288.048 SHS. FRONTIER COMMUNICATIONS CORPORATION   2008-04-11 2011-03-09
169.371 SHS. TESLA MOTORS INC   2009-05-11 2011-03-09
200.000 SHS. QUALCOMM INCORPORATED   2007-08-08 2011-03-28
600.000 SHS. QUALCOMM INCORPORATED   2008-01-25 2011-03-28
300.000 SHS. QUALCOMM INCORPORATED   2006-11-29 2011-03-28
700.000 SHS. HAIN CELESTIAL GROUP, INC (THE)   2005-09-07 2011-03-28
500.000 SHS. PENTAIR, INC.   2006-12-15 2011-04-01
700.000 SHS. PENTAIR, INC.   2006-11-30 2011-04-01
300.000 SHS. PENTAIR, INC.   2006-11-30 2011-04-04
300.000 SHS. PENTAIR, INC.   2007-04-25 2011-04-04
50.000 SHS. TYCO INTERNATIONAL LTD.   2006-06-12 2011-04-13
200.000 SHS. TYCO INTERNATIONAL LTD.   2007-11-20 2011-04-13
400.000 SHS. TYCO INTERNATIONAL LTD.   2007-11-19 2011-04-13
50.000 SHS. TYCO INTERNATIONAL LTD.   2005-10-20 2011-04-13
100.000 SHS. TYCO INTERNATIONAL LTD.   2002-01-30 2011-04-13
100.000 SHS. TYCO INTERNATIONAL LTD.   2002-02-04 2011-04-13
100.000 SHS. SCHLUMBERGER LIMITED   2010-06-02 2011-05-04
900.000 SHS. HAIN CELESTIAL GROUP, INC (THE)   2005-09-01 2011-05-04
100.000 SHS. HAIN CELESTIAL GROUP, INC (THE)   2005-09-07 2011-05-04
CAPITAL GAINS 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       -20
b       55,307
c       44,844
d       -258
e       94,874
      15,169
      73,969
      104
      196
      57
5,262   3,274 1,988
4,571   30,106 -25,535
174   243 -69
7,643   23,344 -15,701
7,393   21,222 -13,829
3,148   3,142 6
3,101   3,046 55
2,477   2,380 97
2,948   2,835 113
3,120   3,035 85
2,135   2,054 81
3,267   3,136 131
3,240   3,132 108
76,562   73,485 3,077
5,477   5,431 46
4,877   4,872 5
89,646   88,818 828
1,097     1,097
24,338   16,030 8,308
2,028   1,393 635
1,031     1,031
4,910   4,130 780
19,639   16,316 3,323
4,910   3,726 1,184
94     94
23,102   31,592 -8,490
4,901   3,726 1,175
17,236   5,472 11,764
5,426   4,521 905
37,985   812 37,173
19,421   13,639 5,782
19,584   12,987 6,597
32,614   33,033 -419
308     308
5,725   5,957 -232
24,407   18,050 6,357
30,277   22,283 7,994
19,851   12,441 7,410
9,926   6,055 3,871
136     136
20,670   12,283 8,387
41,341   24,048 17,293
6,890   4,393 2,497
14,994   5,726 9,268
12,944   1,503 11,441
9,706   7,210 2,496
9,706   6,760 2,946
44,669   24,880 19,789
11,631   2,736 8,895
23,262   4,812 18,450
15,289   6,940 8,349
7,645   5,279 2,366
16,040   15,796 244
7,228   7,335 -107
7,228   7,370 -142
21,684   22,839 -1,155
7,228   7,396 -168
9,531   9,659 -128
33,358   44,828 -11,470
5,806   3,726 2,080
11,611   7,448 4,163
30,232   12,144 18,088
1,148   1,317 -169
764   966 -202
574   565 9
2,295   2,651 -356
4,193   511 3,682
10,565   7,968 2,597
31,694   24,027 7,667
15,847   10,900 4,947
22,650   13,000 9,650
18,973   15,992 2,981
26,562   22,282 4,280
11,675   9,549 2,126
11,675   9,508 2,167
2,579   2,098 481
10,315   7,963 2,352
20,631   16,019 4,612
2,579   2,029 550
5,158   4,489 669
5,158   5,209 -51
8,439   5,552 2,887
31,520   16,609 14,911
3,502   1,857 1,645
18,542     18,542
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       -20
b       55,307
c       44,844
d       -258
e       94,874
      15,169
      73,969
      104
      196
      57
      1,988
      -25,535
      -69
      -15,701
      -13,829
      6
      55
      97
      113
      85
      81
      131
      108
      3,077
      46
      5
      828
      1,097
      8,308
      635
      1,031
      780
      3,323
      1,184
      94
      -8,490
      1,175
      11,764
      905
      37,173
      5,782
      6,597
      -419
      308
      -232
      6,357
      7,994
      7,410
      3,871
      136
      8,387
      17,293
      2,497
      9,268
      11,441
      2,496
      2,946
      19,789
      8,895
      18,450
      8,349
      2,366
      244
      -107
      -142
      -1,155
      -168
      -128
      -11,470
      2,080
      4,163
      18,088
      -169
      -202
      9
      -356
      3,682
      2,597
      7,667
      4,947
      9,650
      2,981
      4,280
      2,126
      2,167
      481
      2,352
      4,612
      550
      669
      -51
      2,887
      14,911
      1,645
      18,542
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 2 542,070
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))
2009 489,856 10,652,877 0.045983
2008 678,734 9,766,028 0.069499
2007 673,285 14,309,870 0.047050
2006 636,517 14,449,266 0.044052
2005 586,630 13,405,053 0.043762
2 Total of line 1, column (d) ...................... 2 0.250346
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 0.050069
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 11,840,502
5 Multiply line 4 by line 3....................... 5 592,842
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 7,800
7 Add lines 5 and 6......................... 7 600,642
8 Enter qualifying distributions from Part XII, line 4.............. 8 528,735
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 (2010)
Form 990-PF (2010)
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 15,600
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 15,600
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 15,600
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 18,552
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 18,552
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 30
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 2,922
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet2,922 Refunded Bullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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)bulletMI
    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 2010 or the taxable year beginning in 2010 (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 addressbulletN/A
    14
    The books are in care ofbulletC EDWARD WHITE JR Telephone no.bullet (810) 767-0136
    Located atbullet111 EAST COURT STREET SUITE 3DFLINTMI ZIP+4bullet485021649
    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 2010, 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 (2010)
    Form 990-PF (2010)
    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 2010?.............
    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 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 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 2010.)....................
    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 2010?
    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 (2010)
    Form 990-PF (2010)
    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
    CLAIRE MOTT WHITE PRESIDENT & TRUSTEE
    0.00     		0 0 0
    111 EAST COURT STREET SUITE 3D
    FLINT,MI485021649
    C EDWARD WHITE JR SECRETARY & ASST TREASURER
    0.00     		0 0 0
    111 EAST COURT STREET SUITE 3D
    FLINT,MI485021649
    WILLIAM S WHITE TREASURER, V.P. & TRUSTEE
    0.00     		0 0 0
    111 EAST COURT STREET SUITE 3D
    FLINT,MI485021649
    PAULA M TURRENTINE TRUSTEE
    0.00     		0 0 0
    111 EAST COURT STREET SUITE 3D
    FLINT,MI485021649
    TIFFANY W LOVETT TRUSTEE
    0.00     		0 0 0
    111 EAST COURT STREET SUITE 3D
    FLINT,MI485021649
    RIDGWAY H WHITE TRUSTEE
    0.00     		0 0 0
    111 EAST COURT STREET SUITE 3D
    FLINT,MI485021649
    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 THE FOUNDATION DID NOT CONDUCT ANY DIRECT CHARITABLE ACTIVITIES AND DID NOT MAKE ANY PROGRAM RELATED INVESTMENTS. NO ALLOCATION OF ADMINISTRATIVE EXPENSES IS MADE OTHER THAN THE AMOUNT IN PART I, COLUMN D. 0
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    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 SEE PART IX-A ABOVE. 0
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................bullet0
    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
    11,413,311
    b
    Average of monthly cash balances.......................
    1b
    426,048
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    181,455
    d
    Total (add lines 1a, b, and c).........................
    1d
    12,020,814
    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
    12,020,814
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    180,312
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    11,840,502
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    592,025
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    592,025
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    15,600
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    15,600
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    576,425
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    576,425
    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
    576,425
    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
    528,735
    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
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    528,735
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    528,735
    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 (2010)
    Form 990-PF (2010)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2009     		(c)
    2009     		(d)
    2010
    1 Distributable amount for 2010 from Part XI, line 7 576,425
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 523,541
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008.......  
    e From 2009.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 528,735
    a Applied to 2009, but not more than line 2a 523,541
    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 2010 distributable amount..... 5,194
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2010. 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 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		571,231
    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 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		0
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008....  
    d Excess from 2009....  
    e Excess from 2010....  
    Form 990-PF (2010)
    Form 990-PF (2010)
    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 2010, 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) 2010 (b) 2009 (c) 2008 (d) 2007
             
    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:
    TIMOTHY C SANFORD FAX 810-767-1207
    C/O MFO MANAGEMENT COMPANY 111 E
    COURT STREET SUITE 3D
    FLINT,MI485021649
    (810) 767-0136
    bThe form in which applications should be submitted and information and materials they should include:
    INITIAL SUBMISSION SHOULD BE IN THE FORM OF A LETTER EXPLAINING THE ORGANIZATION AND THE PURPOSE OF THE REQUEST.
    cAny submission deadlines:
    A FORMAL SUBMISSION DEADLINE HAS NOT BEEN ESTABLISHED.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE FOUNDATION WAS FORMED TO MAKE CONTRIBUTIONS TO WORTHY ORGANIZATIONS, MAINLY CHARITABLE AND EDUCATIONAL, WHICH ARE QUALIFIED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
    Form 990-PF (2010)
    Form 990-PF (2010)
    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
    BIBLOS FOUNDATION
    196 SPRING OAKS DRIVE
    BALLWIN,MO63011     		NONE PUBLIC CHARITY GENERAL OPERATING 80,000
    BIBLOS FOUNDATION
    196 SPRING OAKS DRIVE
    BALLWIN,MO63011     		NONE PUBLIC CHARITY GENERAL OPERATING 75,000
    BIBLOS FOUNDATION
    196 SPRING OAKS DRIVE
    BALLWIN,MO63011     		NONE PUBLIC CHARITY GENERAL OPERATING 75,000
    BIBLOS FOUNDATION
    196 SPRING OAKS DRIVE
    BALLWIN,MO63011     		NONE PUBLIC CHARITY GENERAL OPERATING 31,800
    FLINT CULTURAL CENTER CORPORATION
    601 EAST SECOND STREET
    FLINT,MI48503     		NONE PUBLIC CHARITY GENERAL OPERATING 50,000
    FLINT INSTITUTE OF ARTS
    1120 E KEARSLEY STREET
    FLINT,MI485031991     		NONE PUBLIC CHARITY GENERAL OPERATING 118,770
    FLINT INSTITUTE OF MUSIC
    1025 EAST KEARSLEY STREET
    FLINT,MI48503     		NONE PUBLIC CHARITY GENERAL OPERATING 60,000
    FLINT YOUTH THEATRE
    1220 EAST KEARSLEY STREET
    FLINT,MI48503     		NONE PUBLIC CHARITY GENERAL OPERATING 5,000
    GREATER FLINT ARTS COUNCIL
    816 SOUTH SAGINAW STREET
    FLINT,MI48502     		NONE PUBLIC CHARITY GENERAL OPERATING 5,000
    ROBERT T LONGWAY PLANETARIUM
    1310 E KEARSLEY STREET
    FLINT,MI48503     		NONE PUBLIC CHARITY GENERAL OPERATING 5,000
    ALFRED PSLOAN MUSEUM
    1221 E KEARSLEY STREET
    FLINT,MI48503     		NONE PUBLIC CHARITY GENERAL OPERATING 5,000
    WHALEY CHILDREN'S CENTER
    1201 N GRAND TRAVERSE STREET
    FLINT,MI48503     		NONE PUBLIC CHARITY GENERAL OPERATING 1,000
    WKAR AMFMTV
    283 COMMUNICATION ARTS MICHIGAN
    STATE UNIVERSITY
    EAST LANSING,MI488241212     		NONE PUBLIC CHARITY GENERAL OPERATING 1,000
    YWCA OF GREATER FLINT
    310 E THIRD STREET
    FLINT,MI48502     		NONE PUBLIC CHARITY GENERAL OPERATING 11,000
    Total .................................bullet 3a 523,570
    bApproved for future payment
    Total ..................................bullet 3b 0
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 110  
    4 Dividends and interest from securities....     14 287,807  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 542,070  
    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).. 0 829,987 0
    13Total. Add line 12, columns (b), (d), and (e)...................
    13829,987
    (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 (2010)
    Form 990-PF (2010)
    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 (2010)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2010 AccountingFeesSchedule
    Name:
    CHARLES STEWART HARDING FOUNDATION
    EIN: 38-6081208
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MFO MANAGEMENT FEE 23,400 21,400   2,000
    TAX & AUDIT FEE 2,650 0   2,650

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    CHARLES STEWART HARDING FOUNDATION
    EIN: 38-6081208
    Name of Bond End of Year Book Value End of Year Fair Market Value
    VANGUARD ADMIRAL HIGH YIELD CORPORATE FD, 93637.976 SHS 496,608 540,291
    VANGUARD ADM INTERM INVEST GRADE BOND FD, 70876.377 SHS 668,002 703,802
    VANGUARD ADMIRAL SHORT-TERM INVESTMENT GR, 149087.289 SHS 1,575,955 1,602,688

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    CHARLES STEWART HARDING FOUNDATION
    EIN: 38-6081208
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AT&T INC., 3500 SHS 94,230 109,935
    AIR PRODUCTS AND CHEMICALS, INC., 900 SHS 50,430 86,022
    AMERICAN EXPRESS COMPANY, 1100 SHS 12,378 56,870
    AMERIPRISE FINANCIAL, INC., 1500 SHS 62,450 86,520
    ANADARKO PETROLEUM CORPORATION, 800 SHS 35,091 61,408
    APACHE CORPORATION, 400 SHS 0 0
    APACHE CORP PFD 6% CONV SER D, 800 SHS 47,951 52,736
    BB&T CORPORATION, 2000 SHS 65,216 53,680
    BP P.L.C., 900 SHS 0 0
    BANK OF NEW YORK MELLON CORPORATION, 3000 SHS 88,170 76,860
    BARRICK GOLD CORPORATION, 1300 SHS 64,046 58,877
    BED BATH & BEYOND INC., 600 SHS 20,279 35,022
    BEST BUY CO., INC., 1000 SHS 45,970 31,410
    CAL-MAINE FOODS, INC., 2200 SHS 61,664 70,312
    CISCO SYSTEMS, INC., 3900 SHS 83,735 60,879
    COACH, INC., 600 SHS 18,164 38,358
    COCA-COLA COMPANY (THE), 1600 SHS 83,285 107,664
    CONOCOPHILLIPS, 1200 SHS 65,457 90,228
    DOW CHEMICAL COMPANY (THE), 1300 SHS 32,903 46,800
    E.I. DU PONT DE NEMOURS AND COMPANY, 1200 SHS 56,627 64,860
    EMC CORPORATION, 1900 SHS 24,880 52,345
    EBAY INC., 1500 SHS 44,569 48,405
    FEDEX CORPORATION, 600 SHS 44,843 56,910
    FRANKLIN RESOURCES, INC., 600 SHS 17,004 78,774
    FREEPORT-MCMORAN COPPER & GOLD INC., 600 SHS 7,217 31,740
    GENERAL ELECTRIC COMPANY, 3000 SHS 33,622 56,580
    GENERAL MILLS, INC., 1400 SHS 32,508 52,108
    HAIN CELESTIAL GROUP, INC (THE), 3700 SHS 0 0
    HOME DEPOT, INC. (THE), 3300 SHS 78,740 119,526
    ILLINOIS TOOL WORKS INC., 1000 SHS 32,838 56,490
    INTEL CORPORATION, 3900 SHS 91,952 86,424
    JPMORGAN CHASE & CO., 1600 SHS 0 0
    JUNIPER NETWORKS, INC., 1300 SHS 0 0
    KIMBERLY-CLARK CORPORATION, 1000 SHS 20,967 66,560
    MARSH & MCLENNAN COMPANIES, INC., 2700 SHS 81,520 84,213
    MASCO CORPORATION, 2800 SHS 32,782 33,684
    MCDONALD'S CORPORATION, 600 SHS 45,487 50,592
    MICROSOFT CORPORATION, 4200 SHS 110,607 109,200
    MONSANTO COMPANY, 1200 SHS 90,558 87,048
    MOSAIC COMPANY, 1100 SHS 39,788 74,503
    NEWFIELD EXPLORATION COMPANY, 400 SHS 15,529 27,208
    PEABODY ENERGY CORPORATION, 1100 SHS 41,324 64,801
    PENTAIR, INC., 1800 SHS 0 0
    PEPSICO, INC., 1400 SHS 82,381 98,602
    PETROHAWK ENERGY CORPORATION, 2400 SHS 46,700 59,208
    PROCTER & GAMBLE COMPANY, THE, 1400 SHS 16,470 88,998
    QUALCOMM INCORPORATED, 1200 SHS 41,830 68,148
    REGAL ENTERTAINMENT GROUP, 4200 SHS 66,311 51,870
    REGIONS FINANCIAL CORPORATION, 2100 SHS 0 0
    RYLAND GROUP, INC. (THE), 1800 SHS 53,536 29,754
    SCHLUMBERGER LIMITED, 600 SHS 16,224 51,840
    SPRINT NEXTEL CORPORATION, 5500 SHS 85,049 29,645
    SUNCOR ENERGY INC., 1400 SHS 44,557 54,740
    SYMANTEC CORPORATION, 5900 SHS 97,610 116,348
    TARGET CORPORATION, 1300 SHS 15,597 60,983
    UNILEVER N.V., 2400 SHS 43,736 78,840
    UNITED PARCEL SERVICE, INC., 800 SHS 56,278 58,344
    UNITED TECHNOLOGIES CORPORATION, 1000 SHS 54,797 88,510
    VERIZON COMMUNICATIONS INC., 2600 SHS 86,847 96,798
    WASTE MANAGEMENT INC., 2500 SHS 85,873 93,175
    WESTERN UNION CO. (THE), 3100 SHS 63,798 62,093
    WEATHERFORD INTERNATIONAL LTD., 2800 SHS 44,040 52,500
    TRANSOCEAN LTD., 400 SHS 32,139 25,824
    TYCO INTERNATIONAL LTD., 900 SHS 27,906 44,487
    HANSBERGER INSTL. EMERGING MARKETS FUND, 31870.132 SHS 579,779 403,795
    TEMPLETON INSTL. EMERGING MARKETS FUND, 32335.043 SHS 353,810 544,845
    TEMPLETON INSTL. FOREIGN EQUITY FUND, 54595.45 SHS 1,306,138 1,161,245
    VANGUARD ADM EMERGING MKTS INDEX FD, 9258.338 SHS 272,267 372,278
    MFO - NORTHPOINTE FUND B, 826370.1948408 SHS 760,827 1,077,815
    MFO - WESTFIELD FUND B, 38230.6172731 SHS 536,145 883,152
    MFO - TOWLE FUND, 190560.1728693 SHS 546,411 723,960

    TY 2010 InvestmentsOtherSchedule2
    Name:
    CHARLES STEWART HARDING FOUNDATION
    EIN: 38-6081208
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AMERICAN CAPITAL STRATEGIES, LTD, 1900 SHS FMV 0 0
    VANGUARD ARBITRAGE FUND, 13215.551 SHS FMV 170,832 172,727
    ARES CAPITAL CORPORATION, 2300 SHS FMV 157,189 36,961
    DRAPER FISHER JURVETSON GROWTH FUND LP, 280527.52 SHS FMV 249,254 282,603
    CROSSLINK VI VENTURE FUND, 50000 SHS AT COST 49,186 48,648

    TY 2010 OtherExpensesSchedule
    Name:
    CHARLES STEWART HARDING FOUNDATION
    EIN: 38-6081208
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ASSOCIATION OF SMALL FOUNDATIONS 495 0   495
    STATE OF MICHIGAN ANNUAL FILING FEE 20 0   20
    FROM CROSSLINK VENTURES VI SCHEDULE K-1 29 29   0
    FROM CROSSLINK VENTURES VI SCHEDULE K-1 789 789   0
    FROM DRAPER FISHER JURVETSON GROWTH FUND SCHEDULE K-1 187 0   0
    FROM DRAPER FISHER JURVETSON GROWTH FUND SCHEDULE K-1 7,358 7,358   0
    FROM DRAPER FISHER JURVETSON GROWTH FUND SCHEDULE K-1 8 8   0
    FROM MFO NORTHPOINTE FUND B JOINT VENTURE STMT 5,630 5,630   0
    FROM MFO TOWLE FUND JOINT VENTURE STMT 4,749 4,749   0
    FROM MFO WESTFIELD FUND B JOINT VENTURE STMT 3,709 3,709   0


    TY 2010 OtherLiabilitiesSchedule
    Name:
    CHARLES STEWART HARDING FOUNDATION
    EIN: 38-6081208
    Description Beginning of Year - Book Value End of Year - Book Value
    CAPITAL COMMITMENT - DFJ GROWTH 121,200 64,828
    CAPITAL COMMITMENT - CROSSLINK VI 48,500 40,710


    TY 2010 TaxesSchedule
    Name:
    CHARLES STEWART HARDING FOUNDATION
    EIN: 38-6081208
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES WITHHELD 6,311 6,311   0
    FEDERAL EXCISE TAX 18,000 0   0
    FROM MFO WESTFIELD FUND B JOINT VENTURE STMT 13 13   0