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 12-01-2010 , and ending 11-30-2011
G
Check all that apply:
Name of foundation
SECOND DOROTHY F MARTIN CHARITABLE FOUNDATION
 

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

87-6197628
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$748,176J 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...... 14,546 14,546  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 105,973
b Gross sales price for all assets on line 6a 734,674
7 Capital gain net income (from Part IV, line 2)... 105,973
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 548   548
12 Total. Add lines 1 through 11........ 121,067 120,519 548
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 13,540 12,186   1,354
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 1,500 0 0 1,500
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 1,901 305   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).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 16,941 12,491 0 2,854
25 Contributions, gifts, grants paid........ 51,000 51,000
26 Total expenses and disbursements. Add lines 24 and 25 67,941 12,491 0 53,854
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 53,126
b Net investment income (if negative, enter -0-) 108,028
c Adjusted net income (if negative, enter -0-)... 548
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...............      
2 Savings and temporary cash investments.......... 1,986 12,225 12,225
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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)      
b Investments—corporate stock (attach schedule)........ 516,157 Click to see attachment690,021 706,641
c Investments—corporate bonds (attach schedule)........ 25,123 Click to see attachment30,802 29,310
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet   152,985    
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) 696,251 733,048 748,176
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......... 696,251 733,048
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).................... 696,251 733,048
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 696,251 733,048
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)............... 1 696,251
2 Enter amount from Part I, line 27a...................... 2 53,126
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 221
4 Add lines 1, 2, and 3.......................... 4 749,598
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 16,550
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 733,048
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 19. ABBOTT LABORATORIES   2009-03-11 2011-03-07
b 64. ABERCROMBIE & FITCH CO CL A   2010-08-19 2011-02-10
c 382.995 ABERDEEN FDS EMRGN   2011-02-10 2011-06-27
d 127.816 ABERDEEN FDS EMRGN   2011-02-10 2011-08-12
e 78.003 ABERDEEN FDS EMRGN   2011-02-10 2011-11-30
67. AKAMAI TECHNOLOGIES INC   2010-08-19 2011-02-10
61. ALCOA INC   2011-03-07 2011-06-27
121. ALCOA INC     2011-08-08
15. ALLERGAN INC   2010-08-19 2011-02-10
26. AMERICAN TOWER CORP   2009-03-11 2011-02-10
21. AMERICAN TOWER CORP   2009-03-11 2011-08-12
13. AMPHENOL CORP CL A   2009-03-11 2011-03-07
13. ANADARKO PETROLEUM CORP   2011-11-04 2011-11-11
9. APACHE CORP   2010-08-19 2011-02-10
12. APACHE CORP   2010-08-19 2011-08-12
12. APACHE CORP   2010-08-19 2011-11-30
18. APPLE INC   2005-02-17 2011-02-10
3. APPLE INC   2005-02-17 2011-08-08
37. AUTOMATIC DATA PROCESSING   2010-08-18 2011-02-10
48. AUTOMATIC DATA PROCESSING   2010-08-18 2011-07-07
40. B M C SOFTWARE INC   2009-03-11 2011-02-10
25. B M C SOFTWARE INC   2010-08-19 2011-08-08
35. B M C SOFTWARE INC   2010-08-19 2011-10-31
87. BANK OF AMERICA CORP   2010-08-19 2011-03-07
70. IPATH DOW JONES UBS COMMODITY   2010-08-19 2011-02-10
58. IPATH DOW JONES UBS COMMODITY   2010-08-19 2011-03-07
93. IPATH DOW JONES UBS COMMODITY   2010-08-19 2011-06-27
190. IPATH GSCI TOTAL RETURN   2010-08-19 2011-02-10
182. IPATH GSCI TOTAL RETURN   2010-08-19 2011-06-27
9. BECTON DICKINSON AND CO   2009-03-11 2011-02-10
45. BEST BUY CO INC   2009-03-11 2011-02-10
1. BEST BUY CO INC   2010-08-19 2011-03-07
165. BRISTOL MYERS SQUIBB CO   2010-08-19 2011-02-10
30. BRISTOL MYERS SQUIBB CO   2011-03-16 2011-06-27
64. BRUNSWICK CORP   2010-08-19 2011-02-10
2. BRUNSWICK CORP   2010-08-19 2011-06-27
89. BRUNSWICK CORP   2010-08-19 2011-08-12
87. BRUNSWICK CORP   2011-08-22 2011-09-01
74. CBS CORP CLASS B NON VOTING   2011-08-22 2011-09-29
42. CAMERON INTL CORP   2008-08-11 2011-02-10
38. CAMERON INTL CORP   2008-08-11 2011-08-12
47. CARNIVAL CORP     2011-04-18
12. CATERPILLAR INC   2010-08-19 2011-02-10
15. CATERPILLAR INC   2010-08-19 2011-06-01
72. CISCO SYS INC   2010-08-19 2011-02-10
180. CISCO SYS INC   2007-03-27 2011-02-10
241. CITIGROUP INC   2010-08-19 2011-02-10
.7 CITIGROUP INC   2010-08-19 2011-05-25
136. CITIGROUP INC   2010-08-19 2011-08-22
19. CLIFFS NATURAL RESOURCES INC   2010-08-19 2011-02-10
21. CLIFFS NATURAL RESOURCES INC   2010-08-19 2011-10-31
44.923 CREDIT SUISSE COMM RET ST CO   2010-11-12 2011-06-01
308.283 CREDIT SUISSE COMM RET ST CO   2010-11-12 2011-06-27
109.408 CREDIT SUISSE COMM RET ST CO   2010-11-12 2011-07-15
50. DISNEY WALT CO   2010-08-18 2011-02-10
77. DISNEY WALT CO   2010-08-18 2011-09-29
37. DISCOVERY COMMUNICATIONS INC CL A   2011-09-29 2011-10-31
36. DIRECTV CL A   2010-08-18 2011-02-10
23. DIRECTV CL A   2010-08-18 2011-08-08
21. DOLLAR TREE INC   2010-08-19 2011-02-10
195.779 DRIEHAUS SELECT CREDIT FUND   2011-06-08 2011-11-04
815.521 DRIEHAUS SELECT CREDIT FUND   2011-06-08 2011-11-21
101.112 DRIEHAUS SELECT CREDIT FUND   2011-08-08 2011-11-21
130.301 DRIEHAUS SELECT CREDIT FUND   2011-08-12 2011-11-21
490.196 DRIEHAUS ACTIVE INCOME FUND     2011-11-11
38. E M C CORPORATION   2010-10-29 2011-02-10
12. E M C CORPORATION   2010-10-29 2011-06-27
85. E M C CORPORATION   2010-10-29 2011-08-12
13. EATON CORP   2010-08-19 2011-02-10
43. EATON CORP   2010-08-19 2011-03-07
29.42565 EATON CORP     2011-08-12
9.57435 EATON CORP   2011-03-16 2011-08-12
27. EATON CORP     2011-09-29
95. E BAY INC   2010-08-19 2011-02-10
32. E BAY INC   2010-08-19 2011-02-23
24. ECOLAB INC   2004-05-19 2011-02-10
32. ENERGIZER HOLDINGS INC   2010-10-29 2011-02-10
38. EXELON CORPORATION   2010-08-19 2011-02-10
20. EXPRESS SCRIPTS INC   2010-08-19 2011-02-10
34. EXPRESS SCRIPTS INC   2010-08-19 2011-10-31
48. EXXON MOBIL CORP     2011-02-10
67. FIFTH THIRD BANCORP   2011-02-10 2011-07-07
69.444 NUVEEN MID CAP GRWTH OPP FD CL Y   2007-03-27 2011-02-10
68. FOOT LOCKER INC   2010-08-19 2011-02-10
11. FOOT LOCKER INC   2010-08-19 2011-06-27
63. FORD MOTOR CO   2011-02-10 2011-06-27
139. FORD MOTOR CO     2011-09-01
54. GENERAL ELECTRIC CO   2010-08-19 2011-02-10
47. GENERAL ELECTRIC CO   2010-08-19 2011-03-07
31. GENERAL MILLS INC   2010-08-19 2011-03-07
13. GOLDMAN SACHS GROUP INC   2008-08-11 2011-02-10
2. GOLDMAN SACHS GROUP INC   2010-08-18 2011-08-12
7. GOLDMAN SACHS GROUP INC   2008-08-11 2011-08-12
195.308 GOLDMAN SACHS M C VALUE CL INST   2010-08-19 2011-05-16
337.485 GOLDMAN SACHS M C VALUE CL INST   2010-08-19 2011-08-08
181.382 GOLDMAN SACHS M C VALUE CL INST   2010-08-19 2011-08-12
32.497 GOLDMAN SACHS M C VALUE CL INST   2010-08-19 2011-09-01
34.82 GOLDMAN SACHS M C VALUE CL INST   2010-08-19 2011-10-31
4.142 GOLDMAN SACHS M C VALUE CL INST   2011-06-27 2011-10-31
73.551 GOLDMAN SACHS M C VALUE CL INST   2011-07-15 2011-11-11
10. HEWLETT PACKARD CO   2010-08-19 2011-03-07
321.702 PYXIS LONG SHORT EQUITY Z   2011-02-23 2011-09-29
.272 HOLLYFRONTIER CORP   2011-05-16 2011-07-27
62. HOLLYFRONTIER CORP   2011-05-16 2011-09-29
12. HUMANA INC   2011-11-04 2011-11-11
64. INTEL CORP   2009-03-11 2011-02-10
44. INTEL CORP   2009-03-11 2011-10-31
5. INTERNATIONAL BUSINESS MACHINES CORP   2009-03-11 2011-02-10
41. INTERNATIONAL PAPER CO   2010-08-19 2011-02-10
205. ISHARES MSCI EMERGING MKTS E T F   2008-08-13 2011-02-10
195. ISHARES MSCI EMERGING MKTS E T F   2008-08-13 2011-06-27
56. ISHARES MSCI EMERGING MKTS E T F   2009-03-11 2011-06-27
37. JARDEN CORP   2010-10-29 2011-02-10
2. JARDEN CORP   2010-10-29 2011-06-27
19. KELLOGG CO   2011-03-07 2011-08-08
27. KELLOGG CO   2011-03-07 2011-11-11
340. KEYCORP NEW   2010-08-18 2011-05-16
41. LAUDER ESTEE COS INC CL A   2010-10-29 2011-02-10
44. LINCOLN NATL CORP IND   2010-10-29 2011-03-07
44. MANPOWER INC     2011-06-01
5. MASTERCARD INC   2010-10-29 2011-02-10
4. MASTERCARD INC   2010-10-29 2011-07-07
13. MCKESSON CORPORATION   2010-08-19 2011-06-27
46. MEDCO HEALTH SOLUTIONS INC   2008-08-11 2011-03-28
23. THE MOSAIC CO   2010-10-29 2011-03-16
.99982 NATIONAL OILWELL VARCO INC   2011-02-10 2011-08-22
16.00018 NATIONAL OILWELL VARCO INC   2011-02-10 2011-08-22
274.314 LOOMIS SAYLES ABS STRAT Y   2011-06-08 2011-08-22
164.198 LOOMIS SAYLES ABS STRAT Y   2011-06-08 2011-09-29
107.066 LOOMIS SAYLES ABS STRAT Y   2011-06-08 2011-11-30
268.307 NEUBERGER BERMAN GENESIS INSTL FD   2009-03-11 2011-02-10
46.12153 NEUBERGER BERMAN GENESIS INSTL FD     2011-11-11
16.93047 NEUBERGER BERMAN GENESIS INSTL FD   2011-06-01 2011-11-11
13. NIKE INC   2008-08-11 2011-02-23
11. NOBLE ENERGY INC   2011-09-29 2011-11-11
.01 NUVEEN GLOBAL INFRASTR FD CL I   2011-04-08 2011-08-22
325.469 NUVEEN GLOBAL INFRASTR FD CL I     2011-08-22
82.237 NUVEEN GLOBAL INFRASTR FD CL I   2011-06-01 2011-08-22
15.419 NUVEEN GLOBAL INFRASTR FD CL I   2011-06-08 2011-09-01
325.479 NUVEEN GLOBAL INFRASTR FD CL I     2011-09-01
82.237 NUVEEN GLOBAL INFRASTR FD CL I   2011-06-01 2011-09-01
22.147 NUVEEN GLOBAL INFRASTR FD CL I   2011-06-01 2011-09-01
152.444 NUVEEN MID CAP GRWTH OPP FD CL I   2009-03-11 2011-04-08
130.28 NUVEEN MID CAP GRWTH OPP FD CL I   2006-07-21 2011-08-08
127.319 NUVEEN MID CAP GRWTH OPP FD CL I   2006-07-21 2011-08-12
51.302 NUVEEN MID CAP GRWTH OPP FD CL I   2009-03-11 2011-08-12
38.215 NUVEEN MID CAP GRWTH OPP FD CL I   2009-03-11 2011-09-01
36.58 NUVEEN MID CAP GRWTH OPP FD CL I   2011-07-15 2011-11-11
17. OCCIDENTAL PETROLEUM CORPORATION   2010-08-19 2011-02-10
62. OFFICEMAX INC   2010-08-19 2011-02-10
75. OFFICEMAX INC   2010-08-19 2011-05-16
25. ON SEMICONDUCTOR CORPORATION   2011-02-10 2011-06-27
156. ON SEMICONDUCTOR CORPORATION     2011-08-12
32. ORACLE CORPORATION   2009-03-11 2011-02-10
23. ORACLE CORPORATION   2009-03-11 2011-06-27
36. ORACLE CORPORATION     2011-10-31
41. P G E CORP   2010-08-19 2011-06-27
3898.189 PIMCO TOTAL RETURN FUND INST   2009-03-11 2011-06-08
3966.689 PIMCO TOTAL RETURN FUND INST   2009-03-11 2011-08-08
692.303 PIMCO TOTAL RETURN FUND INST   2011-02-23 2011-08-08
425.043 PIMCO TOTAL RETURN FUND INST   2011-02-23 2011-09-29
766.991 PIMCO TOTAL RETURN FUND INST   2011-02-23 2011-11-04
91.575 PIMCO TOTAL RETURN FUND INST   2011-02-23 2011-11-04
395.23992 PIMCO TOTAL RETURN FUND INST     2011-11-11
706.68808 PIMCO TOTAL RETURN FUND INST     2011-11-11
367.536 PIMCO TOTAL RETURN FUND INST   2011-02-23 2011-11-30
333.468 PIMCO TOTAL RETURN FUND INST   2011-02-23 2011-11-30
14. PARKER HANNIFIN CORP   2010-08-19 2011-02-10
26. PARKER HANNIFIN CORP   2010-08-19 2011-06-14
84. PFIZER INC   2010-08-19 2011-02-10
51. PFIZER INC   2010-08-19 2011-03-07
5. PFIZER INC   2010-08-19 2011-06-27
10. POLO RALPH LAUREN CORP   2009-03-11 2011-02-10
12. PRAXAIR INC   2009-03-11 2011-03-07
22. PROCTER & GAMBLE CO   2006-07-21 2011-02-23
27. QUALCOMM INC     2011-02-10
20. QUALCOMM INC   2006-07-21 2011-09-01
329. REGIONS FINL CORP   2010-08-18 2011-02-10
161. REGIONS FINL CORP   2010-08-18 2011-03-07
19. ROCKWELL COLLINS INC   2009-03-11 2011-03-07
61. SLM CORP   2011-03-07 2011-06-01
3. SLM CORP   2011-03-07 2011-06-27
109. SPDR DJ WILSHIRE INTERNATIONAL   2011-02-10 2011-08-08
29. SPDR DJ WILSHIRE INTERNATIONAL   2011-02-10 2011-08-22
27. SPDR DJ WILSHIRE INTERNATIONAL   2011-02-10 2011-09-01
58. SPDR DJ WILSHIRE INTERNATIONAL     2011-11-11
34. SPDR BARCLAYS CAPITAL INTL D     2011-11-11
65. SPDR BARCLAYS CAPITAL INTL D   2010-08-19 2011-11-11
41. ST JUDE MED INC     2011-07-07
27. SCHLUMBERGER LTD   2004-05-17 2011-02-10
235.923 LAUDUS INTL MARKETMASTERS FUND SEL   2011-02-23 2011-08-08
27.092 LAUDUS INTL MARKETMASTERS FUND SEL   2011-03-16 2011-09-01
235.923 LAUDUS INTL MARKETMASTERS FUND SEL   2011-02-23 2011-09-01
2.753 LAUDUS INTL MARKETMASTERS FUND SEL   2011-02-23 2011-09-01
196.378 LAUDUS INTL MARKETMASTERS FUND SEL     2011-10-31
70.515 LAUDUS INTL MARKETMASTERS FUND SEL   2011-05-16 2011-10-31
555.443 SCOUT INTERNATIONAL FUND   2009-03-11 2011-08-08
222.759 SCOUT INTERNATIONAL FUND   2009-03-11 2011-09-01
32.626 SCOUT INTERNATIONAL FUND   2009-03-11 2011-10-31
77.519 SCOUT INTERNATIONAL FUND   2011-07-15 2011-11-11
27. SONY CORP A D R   2011-03-28 2011-06-27
42. SONY CORP A D R     2011-08-12
32. STARBUCKS CORP   2010-08-18 2011-02-23
42. STARBUCKS CORP   2010-08-18 2011-06-27
103. SUNTRUST BKS INC     2011-08-08
39. TARGET CORPORATION   2006-07-21 2011-02-10
46. TARGET CORPORATION   2006-07-21 2011-03-16
41. TERADATA CORP DEL   2010-08-18 2011-02-10
21. TERADATA CORP DEL   2010-08-18 2011-09-01
13. TEVA PHARMACEUTICAL INDS LTD A D R   2009-03-11 2011-03-07
36. TEXTRON INC   2010-08-18 2011-04-08
63. TEXTRON INC     2011-06-01
17. THERMO FISHER SCIENTIFIC INC   2007-03-27 2011-02-10
19. UNITED TECHNOLOGIES CORP   2004-05-17 2011-02-10
10. UNITED TECHNOLOGIES CORP   2010-08-19 2011-03-07
14. UNITED TECHNOLOGIES CORP   2004-05-17 2011-11-30
25. UNITED HEALTH GROUP INCORPORATED   2010-10-29 2011-08-08
2. VARIAN MED SYS INC   2009-03-11 2011-03-07
5. VISA INC CLASS A SHARES   2009-03-11 2011-02-10
14. VMWARE INC CL A   2010-08-19 2011-02-10
15. VMWARE INC CL A   2010-08-19 2011-03-28
15. VMWARE INC CL A   2011-07-07 2011-09-29
35. WHIRLPOOL CORP   2010-10-29 2011-02-10
22. WHITING PETROLEUM CORP   2010-08-19 2011-06-27
73. WILLIAMS SONOMA INC   2010-08-19 2011-02-10
77. WINDSTREAM CORP   2010-08-19 2011-02-10
149. WINDSTREAM CORP   2010-08-19 2011-03-07
31. WYNDHAM WORLDWIDE CORP   2011-08-12 2011-09-01
1. SFD 214 I ST., SLC   2006-04-19 2011-07-08
45. ACCENTURE PLC CL A   2006-07-21 2011-02-10
12. ACCENTURE PLC CL A   2010-08-19 2011-03-07
40. ACCENTURE PLC CL A   2006-07-21 2011-03-07
27. ACE LTD   2010-08-19 2011-02-10
18. ACE LTD   2010-08-19 2011-08-08
25. TYCO INTERNATIONAL LTD   2011-08-08 2011-08-12
34. TYCO INTERNATIONAL LTD   2011-08-08 2011-11-04
25. CHECK POINT SOFTWARE TECH LTD   2010-08-19 2011-02-10
20. CHECK POINT SOFTWARE TECH LTD   2010-08-19 2011-08-08
19. CHECK POINT SOFTWARE TECH LTD   2010-08-19 2011-09-29
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 919   870 49
b 3,385   2,289 1,096
c 5,523   5,190 333
d 1,719   1,732 -13
e 1,037   1,108 -71
2,763   3,035 -272
928   987 -59
1,413   2,101 -688
1,089   949 140
1,427   750 677
1,057   606 451
745   331 414
1,058   1,073 -15
1,063   829 234
1,248   1,106 142
1,169   1,106 63
6,366   808 5,558
1,086   135 951
1,828   1,491 337
2,630   1,934 696
1,976   1,160 816
976   928 48
1,215   1,299 -84
1,214   1,148 66
3,458   2,802 656
2,953   2,322 631
4,314   3,723 591
6,591   5,388 1,203
6,079   5,162 917
731   559 172
1,531   1,245 286
32   33 -1
4,221   4,305 -84
849   757 92
1,408   924 484
38   29 9
1,443   1,285 158
1,335   1,215 120
1,507   1,661 -154
2,351   1,946 405
1,833   1,761 72
1,747   2,030 -283
1,205   831 374
1,534   1,038 496
1,373   1,605 -232
3,433   4,678 -1,245
1,141   935 206
28   27 1
3,584   5,277 -1,693
1,675   1,201 474
1,468   1,328 140
431   411 20
2,781   2,818 -37
1,047   1,000 47
2,164   1,703 461
2,354   2,623 -269
1,594   1,423 171
1,565   1,387 178
999   886 113
1,033   924 109
1,923   2,062 -139
7,780   8,587 -807
965   1,000 -35
1,243   1,286 -43
5,005   5,466 -461
1,026   803 223
316   254 62
1,973   1,797 176
1,451   959 492
2,274   1,585 689
1,228   1,228  
400   484 -84
986   1,114 -128
3,244   2,167 1,077
1,071   730 341
1,210   692 518
2,182   2,382 -200
1,641   1,542 99
1,139   912 227
1,577   1,550 27
3,962   2,344 1,618
864   1,010 -146
3,238   3,000 238
1,256   894 362
262   145 117
843   1,008 -165
1,530   2,091 -561
1,140   826 314
943   719 224
1,140   1,088 52
2,145   2,312 -167
232   298 -66
814   1,245 -431
7,496   5,834 1,662
10,148   10,081 67
5,895   5,418 477
1,080   971 109
1,201   1,040 161
143   154 -11
2,558   2,774 -216
421   408 13
3,478   3,638 -160
20   15 5
1,556   1,760 -204
1,053   1,040 13
1,388   886 502
1,087   609 478
819   444 375
1,201   879 322
9,239   8,180 1,059
8,917   7,781 1,136
2,561   1,255 1,306
1,291   1,172 119
67   63 4
995   1,027 -32
1,339   1,459 -120
2,863   2,671 192
3,801   2,970 831
1,341   1,088 253
2,593   2,490 103
1,261   1,205 56
1,275   964 311
1,068   800 268
2,536   2,248 288
1,724   1,669 55
62   78 -16
988   1,253 -265
2,683   2,776 -93
1,545   1,662 -117
1,003   1,084 -81
12,771   6,571 6,200
2,262   2,262  
830   840 -10
1,128   822 306
1,047   790 257
       
2,760   3,000 -240
697   788 -91
139   146 -7
2,933   3,042 -109
741   799 -58
200   212 -12
7,349   3,287 4,062
5,072   5,057 15
5,461   4,943 518
2,200   1,106 1,094
1,654   824 830
1,635   1,782 -147
1,674   1,272 402
1,024   742 282
671   898 -227
253   285 -32
1,202   1,721 -519
1,056   481 575
723   346 377
1,189   948 241
1,704   1,842 -138
43,075   38,709 4,366
43,713   39,389 4,324
7,629   7,498 131
4,582   4,603 -21
8,383   8,307 76
1,001   1,016 -15
4,296   4,370 -74
7,682   7,826 -144
3,962   3,980 -18
3,595   3,715 -120
1,283   893 390
2,299   1,658 641
1,591   1,348 243
991   819 172
100   80 20
1,272   356 916
1,160   721 439
1,410   1,243 167
1,535   944 591
1,023   694 329
2,533   2,388 145
1,178   1,169 9
1,202   576 626
1,021   896 125
50   44 6
3,728   4,215 -487
1,029   1,275 -246
1,006   1,187 -181
2,010   2,532 -522
2,063   2,093 -30
3,945   3,763 182
1,955   2,122 -167
2,425   775 1,650
3,926   4,556 -630
487   494 -7
4,237   5,313 -1,076
49   53 -4
3,429   3,789 -360
1,231   1,404 -173
15,625   10,031 5,594
6,658   4,023 2,635
961   589 372
2,254   2,553 -299
677   859 -182
905   1,197 -292
1,018   787 231
1,587   1,032 555
1,972   3,128 -1,156
2,125   1,802 323
2,331   2,126 205
1,945   1,256 689
1,060   643 417
638   565 73
989   674 315
1,408   1,180 228
968   782 186
1,612   782 830
821   688 133
1,070   576 494
1,074   900 174
139   58 81
374   257 117
1,255   1,102 153
1,198   1,181 17
1,229   1,542 -313
3,045   2,672 373
1,158   1,007 151
2,708   2,021 687
1,000   875 125
1,845   1,693 152
984   953 31
189,601   160,275 29,326
2,375   1,249 1,126
626   470 156
2,088   1,110 978
1,716   1,446 270
1,094   964 130
1,016   985 31
1,540   1,339 201
1,250   867 383
992   694 298
991   659 332
      22
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       49
b       1,096
c       333
d       -13
e       -71
      -272
      -59
      -688
      140
      677
      451
      414
      -15
      234
      142
      63
      5,558
      951
      337
      696
      816
      48
      -84
      66
      656
      631
      591
      1,203
      917
      172
      286
      -1
      -84
      92
      484
      9
      158
      120
      -154
      405
      72
      -283
      374
      496
      -232
      -1,245
      206
      1
      -1,693
      474
      140
      20
      -37
      47
      461
      -269
      171
      178
      113
      109
      -139
      -807
      -35
      -43
      -461
      223
      62
      176
      492
      689
       
      -84
      -128
      1,077
      341
      518
      -200
      99
      227
      27
      1,618
      -146
      238
      362
      117
      -165
      -561
      314
      224
      52
      -167
      -66
      -431
      1,662
      67
      477
      109
      161
      -11
      -216
      13
      -160
      5
      -204
      13
      502
      478
      375
      322
      1,059
      1,136
      1,306
      119
      4
      -32
      -120
      192
      831
      253
      103
      56
      311
      268
      288
      55
      -16
      -265
      -93
      -117
      -81
      6,200
       
      -10
      306
      257
       
      -240
      -91
      -7
      -109
      -58
      -12
      4,062
      15
      518
      1,094
      830
      -147
      402
      282
      -227
      -32
      -519
      575
      377
      241
      -138
      4,366
      4,324
      131
      -21
      76
      -15
      -74
      -144
      -18
      -120
      390
      641
      243
      172
      20
      916
      439
      167
      591
      329
      145
      9
      626
      125
      6
      -487
      -246
      -181
      -522
      -30
      182
      -167
      1,650
      -630
      -7
      -1,076
      -4
      -360
      -173
      5,594
      2,635
      372
      -299
      -182
      -292
      231
      555
      -1,156
      323
      205
      689
      417
      73
      315
      228
      186
      830
      133
      494
      174
      81
      117
      153
      17
      -313
      373
      151
      687
      125
      152
      31
      29,326
      1,126
      156
      978
      270
      130
      31
      201
      383
      298
      332
       
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 2 105,973
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 39,181 841,601 0.046555
2008 38,824 790,085 0.049139
2007 4,176 967,346 0.004317
2006 14,246 1,045,758 0.013623
2005 43,408 938,094 0.046273
2 Total of line 1, column (d) ...................... 2 0.159907
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 0.031981
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 981,325
5 Multiply line 4 by line 3....................... 5 31,384
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,080
7 Add lines 5 and 6......................... 7 32,464
8 Enter qualifying distributions from Part XII, line 4.............. 8 53,854
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 1,080
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 1,080
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 1,080
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 840
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.............. 7 840
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 9 240
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet   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$   (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)bulletUT
    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 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 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
     
    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 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
    US BANK TRUSTEE
    1     		15,040    
    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 (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  
    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
    738,115
    b
    Average of monthly cash balances.......................
    1b
    10,654
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    247,500
    d
    Total (add lines 1a, b, and c).........................
    1d
    996,269
    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
    996,269
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    14,944
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    981,325
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    49,066
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    49,066
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    1,080
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,080
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    47,986
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    47,986
    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
    47,986
    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
    53,854
    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
    53,854
    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
    1,080
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    52,774
    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 47,986
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 36,808
    b Total for prior years:2008, 20, 20 0
    3 Excess distributions carryover, if any, to 2010:
    a From 2005....... 0
    b From 2006....... 0
    c From 2007....... 0
    d From 2008....... 0
    e From 2009....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 53,854
    a Applied to 2009, but not more than line 2a 36,808
    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..... 17,046
    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 ..........     		30,940
    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.... 0
    b Excess from 2007.... 0
    c Excess from 2008.... 0
    d Excess from 2009.... 0
    e Excess from 2010.... 0
    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:
    CHARLES TAMLYN CO US BANK
    PO BOX 3058
    SALT LAKE CIY,UT84110
    (801) 534-6045
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN - CONTACT CHARLES TAMLYN AT US BANK
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    TO PROVIDE THE USE OF A SINGLE FAMILY RESIDENCE TO ONE OR MORE LOW INCOME FAMILIES - THROUGH DIRECT OPERATION OF SUCH A DWELLING OR ORGANIZATIONS WHICH HAVE SUCH A PROGRAM OR WOULD RUN SUCH A PROGRAM
    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
    YWCA OF SALT LAKE CITY
    ATTN BUSINESS OFFICE
    322 EAST 300 SOUTH
    SALT LAKE CITY,UT84111     		NONE PUBLIC GENERAL SUPPORT 2,000
    CROSSROADS URBAN CENTER
    347 SOUTH 400 EAST
    SALT LAKE CITY,UT84111     		NONE PUBLIC OPERATING EXPENSES 5,000
    CATHEDRAL CHURCH OF ST
    MARK EPISCOPAL CHURCH
    231 EAST FIRST SOUTH
    SALT LAKE CITY,UT84111     		NONE PUBLIC GENERAL SUPPORT 25,000
    LEAGUE OF WOMEN VOTERS OF
    UTAH EDUCATION FUND
    3804 HIGHLAND DRIVE
    SALT LAKE CITY,UT84106     		NONE PUBLIC GENERAL SUPPORT 3,000
    ODYSSEY HOUSE
    ATTN THUY DANG
    344 EAST 100 SOUTH
    SALT LAKE CITY,UT84111     		NONE PUBLIC GENERAL SUPPORT 2,000
    TURN COMMUNITY SERVICES
    850 SOUTH MAIN ST
    SALT LAKE CITY,UT84101     		NONE PUBLIC GENERAL 10,000
    UTAH FOOD BANK
    ATTN DONATIONS
    3150 SOUTH 900 WEST
    SALT LAKE CITY,UT84119     		NONE PUBLIC GENERAL SUPPORT 2,000
    UNITED WAY OF SALT LAKE
    ATTN NANCY MAJOR
    175 S WEST TEMPLE SUITE 30
    SALT LAKE CITY,UT84104     		NONE PUBLIC GENERAL SUPPORT 2,000
    Total .................................bullet 3a 51,000
    bApproved for future payment
    Total ..................................bullet 3b  
    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          
    4 Dividends and interest from securities....     14 14,546  
    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     18 105,973  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aOTHER INCOME     14 548  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   121,067  
    13Total. Add line 12, columns (b), (d), and (e)...................
    13121,067
    (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:
    SECOND DOROTHY F MARTIN CHARITABLE FOUNDATION
    EIN: 87-6197628
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,500     1,500

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    SECOND DOROTHY F MARTIN CHARITABLE FOUNDATION
    EIN: 87-6197628
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FAM HIGH INCOME BOND    
    NUVEEN HIGH INCOME BOND 30,802 29,310

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    SECOND DOROTHY F MARTIN CHARITABLE FOUNDATION
    EIN: 87-6197628
    Name of Stock End of Year Book Value End of Year Fair Market Value
    APPLE 718 6,115
    CAMERON INTL CORP    
    CISCO SYS    
    ECOLAB INC    
    EXXON MOBIL 2,767 3,459
    FREEPORT-MCMORAN COPPER 1,890 2,059
    GENERAL ELEC CO    
    GOLDMAN SACHS GROUP 3,134 2,013
    HEWLETT PACKARD    
    MEDCO HEALTH SOLUTIONS    
    NIKE INC    
    PROCTER & GAMBLE CO    
    QUALCOMM INC 2,287 3,014
    TARGET CORPORATION    
    THERMO FISHER SCIENTIFIC    
    UNITED TECHNOLOGIES 2,117 3,066
    ACCENTURE LTD    
    SCHLUMBERGER LTD 947 2,486
    FAM MID CAP GRWTH OPP    
    FAM REAL ESTATE    
    IPATH GSCI TOTAL RETURN 11,728 13,118
    ISHARES MSCI EMERGING MKTS 22,771 22,526
    ABBOTT LABORATORIES    
    AMERICAN TOWER CORP 1,046 1,947
    AMPHENOL CORP    
    BMC SOFTWARE INC    
    BECTON DICKINSON & CO    
    BEST BUY CO    
    INTEL CORP 1,555 2,292
    INTERNATIONAL BUSINESS MACHINE 2,984 3,008
    MASTERCARD INC 1,857 2,622
    ORACLE CORPORATION 1,980 2,100
    POLO RALPH LAUREN CORP    
    PRAXAIR INC    
    ROCKWELL COLLINS    
    VARIAN MED SYS    
    VISA INC CLASS A    
    TEVA PHARMACEUTICAL INDS LTD    
    AMERICAN EUROPACIFIC GRTH F2 31,335 39,554
    NEUBERGER BERMAN GENESIS INSTL 9,965 13,125
    PIMCO TOTAL RETURN FUND 68,562 67,537
    SCOUT INTERNATIONAL FUND 50,050 46,206
    ABERCROMBIE & FITCH CO    
    AKAMAI TECHNOLOGIES    
    ALLERGAN INC 1,961 2,595
    ANADARKO PETROLEUM CORP 1,747 2,438
    APACHE CORP    
    AUTOMATIC DATA PROCESSING    
    BANK OF AMERICA    
    BRISTOL MYERS SQUIBB 2,250 2,716
    BRUNSWICK CORP    
    CATERPILLAR INC 1,731 2,447
    CITIGROUP    
    CLIFFS NATURAL RESOURCES    
    DIRECTV CL A 1,579 1,936
    DISNEY WALT    
    DOLLAR TREE 1,187 2,200
    DOVER CORP 2,175 2,254
    E BAY INC    
    EMC CORPORATION    
    EATON CORP    
    ENERGIZER HOLDINGS    
    EXELON CORPORATION    
    EXPRESS SCRIPTS    
    FOOT LOCKER 1,130 2,029
    GENERAL MILLS    
    INTERNATIONAL PAPER CO    
    JARDEN CORP 1,742 1,713
    KEYCORP NEW    
    LAUDER ESTEE COS INC    
    LINCOLN NATL CORP    
    MANPOWER    
    MCKESSON CORPORATION 1,169 1,545
    OCCIDENTAL PETROLEUM CORP 2,469 3,264
    OFFICEMAX INC    
    PGE CORP    
    PARKER HANNIFIN CORP    
    PFIZER INC 3,944 4,315
    REGIONS FINL    
    STARBUCKS CORP 3,233 3,826
    TERADATA CORP 766 1,356
    TEXTRON INC    
    THE MOSAIC CO    
    UNITED HEALTH GROUP 1,866 2,292
    VMWARE INC    
    WHIRLPOOL CORP    
    WHITING PETROLEUM 1,099 1,116
    WILLIAMS SONOMA 1,154 1,360
    WINTSTREAM    
    ACE LTD 1,499 1,947
    CHECK POINT SOFTWARE TECH 2,032 1,992
    CREDIT SUISSE COMM 7,955 7,325
    GOLDMAN SACHS MC VALUE 25,969 23,315
    IPATH DOW JONES UBS COMMODITY 13,162 13,330
    SPDR BARCLAYS CAPITAL INTL 23,044 23,538
    BOEING CO 2,879 2,748
    CAPITAL ONE FINANCIAL CORP 3,750 3,483
    COCA COLA CO 2,358 2,286
    DISCOVERY COMMUNICATIONS INC 1,270 1,385
    DOW CHEM CO 1,306 1,275
    DR PEPPER SNAPPLE GROUP 1,999 1,790
    FIFTH THIRD BANCORP 2,147 1,874
    HUMANA INC 1,199 1,419
    MACYS INC 2,640 3,007
    NATIONAL OILWELL VARCO INC 2,442 2,151
    NOBLE ENERGY INC 1,651 2,263
    NORDSTROM INC 1,157 1,177
    PERRIGO CO 1,275 1,273
    POLARIS INDS INC 1,943 2,164
    PRUDENTIAL FINANCIAL INC 2,723 2,532
    SLM CORP 1,900 1,713
    VERIZON COMMUNICATIONS INC 2,496 2,566
    WELLS FARGO 3,489 3,801
    WYNDHAM WORLDWIDE CORP 2,429 2,801
    INGERSOLL RAND PLC 1,705 1,788
    DRIEHAUS ACTIVE INCOME FUND 51,837 48,764
    DRIEHAUS SELECT CREDIT FUND 6,628 6,540
    HIGHLAND LONG SHORT EQUITY Z 42,899 43,806
    LAUDUS INTL MARKETMASTERS 33,007 29,184
    ABERDEEN FDS EMRG MKT 23,802 22,924
    LOOMIS SAYLES ABS STRAT 18,472 17,289
    NUVEEN GLOBAL INFRASTR 46,870 48,426
    NUVEEN MID CAP GRWTH OPP 19,312 20,755
    NUVEEN REAL ESTATE SECURIT 19,305 21,760
    SPDR DJ WILSHIRE INTL 41,635 36,450
    TFS MARKET NEUTRAL FUND 20,940 20,151

    TY 2010 OtherDecreasesSchedule
    Name:
    SECOND DOROTHY F MARTIN CHARITABLE FOUNDATION
    EIN: 87-6197628
    Description Amount
    RECV'D VS REPT'D SECURITIES 459
    INSURANCE AND HOUSE UPKEEP 4,254
    END OF YEAR SALE ADJUSTMENT 11,837


    TY 2010 OtherIncomeSchedule2
    Name:
    SECOND DOROTHY F MARTIN CHARITABLE FOUNDATION
    EIN: 87-6197628
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    REFUNDS OF HOUSE EXPENSES 548 0 548


    TY 2010 OtherIncreasesSchedule
    Name:
    SECOND DOROTHY F MARTIN CHARITABLE FOUNDATION
    EIN: 87-6197628
    Description Amount
    RECV'D VS REPT'D SECURITIES PY 191
    TAX REFUND 28
    ROUNDING ADJUSTMENT 2


    TY 2010 TaxesSchedule
    Name:
    SECOND DOROTHY F MARTIN CHARITABLE FOUNDATION
    EIN: 87-6197628
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX PAYMENT - PRIOR YE 756 0   0
    FEDERAL ESTIMATES - PRINCIPAL 840 0   0
    FOREIGN TAXES ON QUALIFIED FOR 299 299   0
    FOREIGN TAXES ON NONQUALIFIED 6 6   0