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 10-01-2010 , and ending 09-30-2011
G
Check all that apply:
Name of foundation
TIMKEN FOUNDATION OF CANTON
 

Number and street (or P.O. box number if mail is not delivered to street address)200 MARKET AVENUE N   Room/suite
City or town, state, and ZIP code
CANTON, OH44702
A Employer identification number

34-6520254
B Telephone number (see page 10 of the instructions)

(330) 452-1144
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$221,633,995J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet
3 Interest on savings and temporary cash investments 4,953 4,953 0
4 Dividends and interest from securities...... 6,487,227 6,487,227 0
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 7,402,482
b Gross sales price for all assets on line 6a 18,895,271
7 Capital gain net income (from Part IV, line 2)... 8,514,225
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........ 13,894,662 15,006,405 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 158,878 15,888   142,990
14 Other employee salaries and wages...... 42,916 8,583   34,333
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 50,402 0 0 50,402
b Accounting fees (attach schedule)....... Click to see attachment 26,000 0 0 26,000
c Other professional fees (attach schedule).... Click to see attachment 128,697 73,097 0 55,600
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 312,479 1,888 0 13,512
19 Depreciation (attach schedule) and depletion... Click to see attachment 11,016    
20 Occupancy.............. 30,789     30,789
21 Travel, conferences, and meetings....... 20,526     20,526
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 75,036 44,328 0 30,708
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 856,739 143,784 0 404,860
25 Contributions, gifts, grants paid........ 13,278,742 13,278,742
26 Total expenses and disbursements. Add lines 24 and 25 14,135,481 143,784 0 13,683,602
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -240,819
b Net investment income (if negative, enter -0-) 14,862,621
c Adjusted net income (if negative, enter -0-)... 0
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (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.......... 1,894,256 4,830,810 4,830,810
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) 1,529,785 Click to see attachment1,529,785 1,795,556
b Investments—corporate stock (attach schedule)........ 46,810,856 Click to see attachment50,656,080 183,566,088
c Investments—corporate bonds (attach schedule)........ 31,414,553 Click to see attachment29,431,944 30,788,686
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 6,700 Click to see attachment1,385,215 578,988
14 Land, buildings, and equipment: basis bullet179,141
Less: accumulated depreciation (attach schedule) bullet113,646 76,511 Click to see attachment65,495 65,495
15 Other assets (describe bullet) Click to see attachment10,760 Click to see attachment8,372 Click to see attachment8,372
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 81,743,421 87,907,701 221,633,995
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 attachment7,998 Click to see attachment150,281
23 Total liabilities (add lines 17 through 22).......... 7,998 150,281
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......... 119,503,133 126,949,943
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds -37,767,710 -39,192,523
30 Total net assets or fund balances (see page 17 of the
instructions).................... 81,735,423 87,757,420
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 81,743,421 87,907,701
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 81,735,423
2 Enter amount from Part I, line 27a...................... 2 -240,819
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 6,262,816
4 Add lines 1, 2, and 3.......................... 4 87,757,420
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 87,757,420
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 278K DAVITA INC 7.25% - 3/15/2010 P 2010-05-10 2010-10-20
b 40K TRANSDIGM INC 7.75% - 7/15/14 P 2010-10-01 2011-01-18
c 55K TRANSDIGM INC 7.75% - 7/15/14 P 2010-10-07 2011-01-18
d 96K OASIS PETROLEUM INC SERIES 144A 7.25% P 2011-01-28 2011-01-28
e 18K VENOCO INC SERIES 144A 8.875% P 2011-02-10 2011-02-10
7K OMNICARE INC 6.125% - 6/1/13 P 2010-09-30 2011-03-11
66K DENBURY RESOURCES INC 7.5%-12/15/15 P 2010-09-30 2011-03-21
37K GOODRICH PETROLEUM CORP P 2011-02-25 2011-03-22
90K PLAINS EXPLORATION 6.625% P 2011-03-24 2011-03-25
29K PLAINS EXPLORATION 6.625% P 2011-03-24 2011-03-28
20K PLAINS EXPLORATION 6.625%   2011-03-24 2011-03-31
10K PLAINS EXPLORATION 6.625% P 2011-03-24 2011-03-31
53K PENN VIRGINIA CORP 7.25% P 2011-04-05 2011-04-05
10K PLAINS EXPLORATION 6.625% P 2011-03-24 2011-04-05
35K PENN VIRGINIA CORP 7.25% P 2011-04-05 2011-04-06
34K PLAINS EXPLORATION 6.625% P 2011-03-24 2011-04-06
47K GOODRICH PETROLEUM CORP P 2011-02-25 2011-04-08
45K CHESAPEAKE ENERGY 6.125% - 2/15/21 P 2011-02-08 2011-05-04
14K OMNICARE INC 6.125% - 6/1/13 P 2010-09-30 2011-05-09
24K NRG ENERGY INC 7.625% P 2011-05-10 2011-05-10
45K NRG ENERGY INC 7.825% P 2011-05-10 2011-05-10
40K NRG ENERGY INC 7.625% P 2011-05-10 2011-05-11
32K NRG ENERGY INC 7.625% P 2011-05-10 2011-05-11
81K NRG ENERGY INC 7.625% P 2011-05-10 2011-05-11
46K NRG ENERGY INC 7.875% P 2011-05-10 2011-05-11
15K NRG ENERGY INC 7.875% P 2011-05-10 2011-05-11
31K NRG ENERGY INC 7.875% P 2011-05-10 2011-05-11
114K NRG ENERGY INC 7.875% P 2011-05-10 2011-05-11
41K NRG ENERGY INC 7.625% P 2011-05-10 2011-05-12
16K NRG ENERGY INC 7.625% P 2011-05-10 2011-05-12
16K NRG ENERGY INC 7.625% P 2011-05-10 2011-05-12
31K NRG ENERGY INC 7.875% P 2011-05-10 2011-05-12
61K NRG ENERGY INC 7.875% P 2011-05-10 2011-05-12
15K NRG ENERGY INC 7.875% P 2011-05-10 2011-05-12
25K NRG ENERGY INC P 2011-01-11 2011-05-13
24K NRG ENERGY INC 7.625% P 2011-05-10 2011-05-13
16K NRG ENERGY INC 7.625% P 2011-05-10 2011-05-13
57K NRG ENERGY INC 7.625% P 2011-05-10 2011-05-13
82K NRG ENERGY INC SERIES AI P 2010-08-17 2011-05-16
41K NRG ENERGY INC 7.625% P 2011-05-10 2011-05-16
35K CONCHO RESOURCES INC 6.5% - 1/15/22 P 2011-05-18 2011-05-18
40K NRG ENERGY INC SERIES 144A P 2011-01-11 2011-05-18
40K NRG ENERGY INC SERIES 144A P 2011-01-11 2011-05-18
38K NRG ENERGY INC 7.875% P 2011-05-10 2011-05-18
30K CONCHO RESOURCES INC 6.5% 1/15/22 P 2011-05-18 2011-05-19
135K NRG ENERGY INC SERIES 144A P 2011-01-11 2011-05-19
122K NRG ENERGY INC 7.875% P 2011-05-10 2011-05-19
8K ANADARKO PETROLEUM CORP 6.45%-9/15/36 P 2010-06-11 2011-05-23
13K OMNICARE INC 6.125% - 6/1/13 P 2010-09-30 2011-06-01
40K CSC HOLDINGS INC 7.625% P 2011-02-11 2011-06-06
31K ANADARK0 PETROLEUM CORP 6.45% P 2010-06-11 2011-06-09
93K ARCH COAL INC - 01/2008 P 2011-06-08 2011-06-09
33K NRG ENERGY INC 7.875% P 2011-05-10 2011-07-06
32K NRG ENERGY INC 7.875% P 2011-05-10 2011-07-06
140K NRG ENERGY INC 7.875% P 2011-05-10 2011-07-13
37K NRG ENERGY INC 7.875% P 2011-05-10 2011-07-21
13K OMNICARE INC 6.125% - 6/1/13 P 2010-09-30 2011-08-08
103K OMNICARE INC 6.875% - 12/15/15 P 2010-10-06 2011-09-23
8 SHS TIME WARNER CABLE INC P 2007-02-23 2010-10-04
8 SHS TIME WARNER CABLE INC P 2007-02-23 2010-10-05
8 SHS TIME WARNER CABLE INC P 2007-02-13 2010-10-11
10 SHS TIME WARNER CABLE INC P 2007-02-13 2010-10-13
7 SHS TIME WARNER CABLE INC P 2007-02-13 2010-10-14
17 SHS TIME WARNER CABLE INC P 2007-02-13 2010-10-15
36 SHS TIME WARNER CABLE INC P 2007-02-13 2010-10-18
13 SHS TIME WARNER CABLE INC P 2007-02-13 2010-10-20
10 SHS TIME WARNER CABLE INC P 2007-02-13 2010-10-28
10 SHS TIME WARNER CABLE INC P 2007-02-13 2010-11-02
60 SHS TIME WARNER CABLE INC P 2007-02-13 2010-11-03
125 SHS TIME WARNER CABLE INC P 2007-02-13 2010-11-04
10 SHS TIME WARNER CABLE INC P 2007-02-13 2010-11-08
10 SHS TIME WARNER CABLE INC P 2007-02-13 2010-11-09
15 SHS TIME WARNER CABLE INC P 2007-02-13 2010-11-10
12 SHS TIME WARNER CABLE INC P 2007-02-13 2010-11-11
65 SHS TIME WARNER CABLE INC P 2007-02-13 2010-11-12
40 SHS TIME WARNER CABLE INC P 2007-02-13 2010-11-15
7 SHS TIME WARNER CABLE INC P 2007-02-13 2010-11-16
25 SHS TIME WARNER CABLE INC P 2007-02-13 2010-11-17
50 SHS TIME WARNER CABLE INC P 2007-02-13 2010-11-18
13 SHS TIME WARNER CABLE INC P 2007-02-13 2010-11-24
38 SHS TIME WARNER CABLE INC P 2007-02-13 2010-12-02
47 SHS TIME WARNER CABLE INC P 2007-02-13 2010-12-03
51 SHS TIME WARNER CABLE INC P 2007-02-13 2010-12-06
8 SHS TIME WARNER CABLE INC P 2007-02-13 2010-12-08
15 SHS TIME WARNER CABLE INC P 2007-02-13 2010-12-09
8 SHS TIME WARNER CABLE INC P 2007-02-13 2010-12-20
26 SHS TIME WARNER CABLE INC P 2007-02-13 2010-12-21
9 SHS TIME WARNER CABLE INC P 2007-02-13 2010-12-22
8 SHS TIME WARNER CABLE INC P 2007-02-13 2010-12-27
5 SHS TIME WARNER CABLE INC P 2007-02-13 2010-12-29
13 SHS TIME WARNER CABLE INC P 2008-12-22 2010-12-30
38 SHS TIME WARNER CABLE INC P 2007-06-22 2011-01-03
31 SHS TIME WARNER CABLE INC P 2007-12-10 2011-01-04
16 SHS TIME WARNER CABLE INC P 2007-06-22 2011-01-07
10 SHS TIME WARNER CABLE INC P 2007-06-22 2011-01-11
7 SHS TIME WARNER CABLE INC P 2007-06-22 2011-01-13
16 SHS TIME WARNER CABLE INC P 2007-06-22 2011-01-14
12 SHS TIME WARNER CABLE INC P 2007-08-17 2011-01-18
10 SHS TIME WARNER CABLE INC P 2008-09-10 2011-01-19
12 SHS TIME WARNER CABLE INC P 2007-06-22 2011-01-20
9 SHS TIME WARNER CABLE INC P 2007-06-22 2011-01-21
11 SHS TIME WARNER CABLE INC P 2007-08-17 2011-01-24
8 SHS TIME WARNER CABLE INC P 2007-08-17 2011-01-25
5 SHS TIME WARNER CABLE INC P 2007-08-17 2011-01-26
8 SHS TIME WARNER CABLE INC P 2007-06-22 2011-01-27
11 SHS TIME WARNER CABLE INC P 2007-06-22 2011-01-31
11 SHS TIME WARNER CABLE INC P 2007-06-22 2011-02-01
5 SHS TIME WARNER CABLE INC P 2007-06-22 2011-02-02
5 SHS TIME WARNER CABLE INC P 2007-06-22 2011-02-07
12 SHS TIME WARNER CABLE INC P 2007-06-22 2011-02-10
140K DAVITA INC 7.25% - 3/15/15 P 2005-04-28 2010-10-20
18K SILGAN HOLDINGS INC 6.75% - 11/15/13 P 2009-03-11 2010-11-15
615K MERCER INTL INC 9.25% - 2/15/13 P 2009-03-30 2010-11-17
35K LAMAR MEDIA CORP 6.625% P 2009-10-19 2010-11-18
17K SUN HEALTHCARE GROUP INC P 2009-03-26 2010-12-06
40K OMNICARE INC 6.125% - 6/1/13 P 2009-07-02 2011-01-10
12K PLAINS EXPLORATION 7.625% P 2008-05-20 2011-01-11
105K TRANSDIGM INC 7.75% - 7/15/14 P 2007-01-31 2011-01-18
107K NALCO COMPANY 8.875% - 11/15/13 P 2006-06-14 2011-01-20
180K NRG ENERGY INC 7.25% - 2/1/14 P 2006-02-03 2011-01-26
20K HCA INC 6.25% 2/15/13 P 2007-01-25 2011-01-27
31K MCMORAN EXPLORATION CO 11.875% P 2007-11-08 2011-01-27
206K HEXCEL CORP 6.75% - 2/1/15 P 2009-03-17 2011-02-01
16K MCMORAN EXPLORATION CO 11.875% P 2007-11-08 2011-02-03
8K MCMORAN EXPLORATION CO 11.875% P 2007-11-08 2011-02-04
8K MCMORAN EXPLORATION CO 11.875% P 2007-11-08 2011-02-04
24K MCMORAN EXPLORATION CO 11.875% P 2007-11-08 2011-02-10
65K CSC HOLDINGS INC 7.875% P 2006-07-07 2011-02-11
28K MCMORAN EXPLORATION CO 11.875% P 2007-11-08 2011-02-11
122K DENBURY RESOURCES INC 7.5% - 4/1/13 P 2009-08-13 2011-02-17
100K FREEPORT-MCMORAN C&G 8.375%-4/1/17 P 2007-03-14 2011-03-03
125K NEENAH PAPER INC 7.375% P 2007-06-05 2011-03-10
20K OMNICARE INC 6.125% - 6/1/13 P 2009-07-02 2011-03-11
240K KCS ENERGY INC 7.125% - 4/1/12 P 2007-06-13 2011-03-17
395K DENBURY RESOURCES INC 7.5%-12/15/15 P 2009-09-30 2011-03-21
14K HCA INC 6.25% - 2/15/13 P 2007-09-28 2011-04-12
23K HCA INC 6.25% - 2/15/13 P 2007-09-28 2011-04-14
8K MCMORAN EXPLORATION CO 11.875% P 2009-01-29 2011-04-14
55K MCMORAN EXPLORATION CO 11.875% P 2009-01-29 2011-04-14
26K PENN VIRGINIA CORP 10.375% - 6/15/16 P 2009-06-10 2011-04-14
43K PENN VIRGINIA CORP 10.375% - 6/15/16 P 2009-06-10 2011-04-25
28K PENN VIRGINIA CORP 10.375% - 6/15/16 P 2009-06-10 2011-05-10
103K NRG ENERGY INC 7.375% - 1/15/17 P 2010-05-07 2011-05-11
525K FREEPORT-MCMORAN C&G 8.375%-4/1/17 P 2007-03-14 2011-05-23
272K NRG ENERGY INC 7.375% - 2/1/16 P 2010-05-07 2011-05-24
1K RANGE RESOURCES CORP 6.375% - 3/15/15 P 2007-07-13 2011-05-25
190K OWENS-BROCKWAY GLASS CO 6.75% P 2006-02-03 2011-05-31
175K FREEPORT-MCMORAN C&G 8.375%-4/1/17 P 2008-11-19 2011-06-02
55K FREEPORT-MCMORAN C&G 8.375% - 4/1/17 P 2008-11-19 2011-06-06
127K TECK RESOURCES LTD 6.125% - 10/1/35 P 2010-06-01 2011-06-09
38K TECK RESOURCES LTD 6.125% - 10/1/35 P 2010-06-01 2011-06-09
243K OMNICARE INC 6.875% - 12/15/15 P 2010-01-15 2011-09-06
66K OMNICARE INC 6.875% - 12/15/15 P 2008-03-13 2011-09-23
16,811 CIT GROUP 7% - 5/1/13 P 2009-12-14 2011-01-31
15,000 SHS ROCKWELL AUTOMATION P   2011-02-07
3,900 SHS ROCKWELL AUTOMATION P   2011-02-16
150,000 SHS THE TIMKEN COMPANY P   2011-02-10
16,811 CIT GROUP 7% - 5/1/13 P 2009-12-14 2011-03-31
250K MCDONALDS GROUP 8.875% - 4/1/11 P 1991-06-27 2011-04-01
300K AD MIDLAND 8.875% - 4/15/11 P 1991-06-20 2011-04-15
1,000K VERIZON CORP 5.65% - 11/15/11 P 2002-04-19 2011-04-27
GENERAL MOTORS - CASH-IN-LIEU P   2011-04-28
37,862 CIT GROUP 7% - 5/1/13 P 2009-12-14 2011-05-02
250K EL PASO 9% - 5/15/11 P 2002-08-02 2011-05-16
GENERAL MOTORS - CASH-IN-LIEU P   2011-07-28
8 SHS TIME WARNER CABLE INC P 2007-02-23 2010-10-01
(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 280,433   281,150 -717
b 41,550   40,600 950
c 57,131   56,238 893
d 97,248   96,000 1,248
e 18,338   18,000 338
7,071   7,044 27
68,475   68,393 82
36,815   37,000 -185
90,263   90,000 263
29,073   29,000 73
20,000   20,000 0
10,000   10,000 0
53,232   53,000 232
10,006   10,000 6
35,350   35,000 350
34,043   34,000 43
47,058   47,000 58
46,575   45,000 1,575
14,143   14,088 55
24,030   24,000 30
45,169   45,000 169
40,025   40,000 25
32,040   32,000 40
81,000   81,000 0
46,115   46,000 115
15,066   15,000 66
31,116   31,000 116
114,143   114,000 143
41,051   41,000 51
16,040   16,000 40
16,020   16,000 20
31,174   31,000 174
61,229   61,000 229
15,075   15,000 75
25,625   25,000 625
24,030   24,000 30
16,020   16,000 20
57,000   57,000 0
84,665   82,000 2,665
41,051   41,000 51
35,131   35,000 131
40,550   40,000 550
40,550   40,000 550
38,000   38,000 0
30,188   30,000 188
136,688   135,000 1,688
122,000   122,000 0
8,452   6,460 1,992
13,000   13,081 -81
43,450   44,000 -550
32,496   25,033 7,463
93,116   93,000 116
33,041   33,000 41
32,120   32,000 120
140,350   140,000 350
37,601   37,000 601
13,000   13,081 -81
106,541   104,931 1,610
439   979 -540
446   979 -533
448   979 -531
564   1,224 -660
394   857 -463
959   2,081 -1,122
2,047   4,405 -2,358
749   1,591 -842
583   1,224 -641
584   1,224 -640
3,546   7,343 -3,797
7,842   15,299 -7,457
620   1,224 -604
624   1,224 -600
931   1,836 -905
749   1,469 -720
4,066   7,955 -3,889
2,523   4,895 -2,372
438   857 -419
1,555   3,060 -1,505
3,162   6,119 -2,957
803   1,591 -788
2,450   4,651 -2,201
3,092   5,752 -2,660
3,371   6,242 -2,871
524   979 -455
990   1,836 -846
522   979 -457
1,707   3,182 -1,475
595   1,102 -507
529   979 -450
333   612 -279
861   4 857
2,551   0 2,551
2,086   1 2,085
1,068   0 1,068
666   0 666
457   0 457
1,046   0 1,046
792   0 792
662   0 662
804   0 804
608   0 608
744   0 744
543   0 543
341   0 341
556   0 556
750   0 750
755   0 755
345   0 345
346   0 346
846   0 846
141,225   139,541 1,684
18,203   16,808 1,395
610,774   425,465 185,309
35,963   33,013 2,950
18,287   16,001 2,286
40,408   36,250 4,158
12,810   12,000 810
109,068   104,194 4,874
108,583   108,725 -142
180,113   180,450 -337
20,650   17,913 2,737
34,100   31,000 3,100
210,635   197,185 13,450
17,600   16,000 1,600
8,820   8,000 820
8,820   8,000 820
26,370   24,000 2,370
72,800   65,203 7,597
30,765   28,000 2,765
120,933   121,044 -111
110,625   100,000 10,625
128,073   122,659 5,414
20,204   18,125 2,079
240,000   248,775 -8,775
409,813   374,118 35,695
14,560   12,449 2,111
23,920   20,413 3,507
8,760   6,443 2,317
60,088   42,763 17,325
29,510   25,221 4,289
48,751   41,711 7,040
31,780   27,161 4,619
108,665   98,880 9,785
575,531   525,000 50,531
279,991   270,705 9,286
1,003   953 50
194,275   181,975 12,300
191,405   168,000 23,405
60,156   35,750 24,406
133,689   122,238 11,451
40,117   36,575 3,542
251,354   234,574 16,780
68,269   58,471 9,798
16,811   18,866 -2,055
1,252,415   10,719 1,241,696
353,434   2,787 350,647
7,615,413   1,297,633 6,317,780
16,811   18,866 -2,055
250,000   246,253 3,747
300,000   295,134 4,866
1,028,700   945,575 83,125
75   0 75
37,862   41,655 -3,793
250,000   220,000 30,000
77   0 77
435   976 -541
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       -717
b       950
c       893
d       1,248
e       338
      27
      82
      -185
      263
      73
       
       
      232
      6
      350
      43
      58
      1,575
      55
      30
      169
      25
      40
       
      115
      66
      116
      143
      51
      40
      20
      174
      229
      75
      625
      30
      20
       
      2,665
      51
      131
      550
      550
       
      188
      1,688
       
      1,992
      -81
      -550
      7,463
      116
      41
      120
      350
      601
      -81
      1,610
      -540
      -533
      -531
      -660
      -463
      -1,122
      -2,358
      -842
      -641
      -640
      -3,797
      -7,457
      -604
      -600
      -905
      -720
      -3,889
      -2,372
      -419
      -1,505
      -2,957
      -788
      -2,201
      -2,660
      -2,871
      -455
      -846
      -457
      -1,475
      -507
      -450
      -279
      857
      2,551
      2,085
      1,068
      666
      457
      1,046
      792
      662
      804
      608
      744
      543
      341
      556
      750
      755
      345
      346
      846
      1,684
      1,395
      185,309
      2,950
      2,286
      4,158
      810
      4,874
      -142
      -337
      2,737
      3,100
      13,450
      1,600
      820
      820
      2,370
      7,597
      2,765
      -111
      10,625
      5,414
      2,079
      -8,775
      35,695
      2,111
      3,507
      2,317
      17,325
      4,289
      7,040
      4,619
      9,785
      50,531
      9,286
      50
      12,300
      23,405
      24,406
      11,451
      3,542
      16,780
      9,798
      -2,055
      1,241,696
      350,647
      6,317,780
      -2,055
      3,747
      4,866
      83,125
      75
      -3,793
      30,000
      77
      -541
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 8,514,225
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 7,781,527 201,809,527 0.038559
2008 10,564,005 140,075,600 0.075416
2007 11,070,218 231,389,432 0.047842
2006 12,177,122 237,838,779 0.051199
2005 10,043,910 239,230,257 0.041984
2 Total of line 1, column (d) ...................... 2 0.255
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 0.051
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 292,479,845
5 Multiply line 4 by line 3....................... 5 14,916,472
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 148,626
7 Add lines 5 and 6......................... 7 15,065,098
8 Enter qualifying distributions from Part XII, line 4.............. 8 13,683,602
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 1 297,252
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 297,252
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 297,252
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 127,000
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.............. 7 127,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 170,252
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 taxBullet0 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see attachment....................
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 changesClick to see attachment....
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.Click to see attachment
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)bulletOH
    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 ofbulletJEFFREY HALM Telephone no.bullet (330) 452-1144
    Located atbullet200 MARKET AVENUE NCANTONOH ZIP+4bullet44702
    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
     
    No
    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
     
    No
    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
    WARD J TIMKEN PRESIDENT/TRUSTEE
    10.0     		75,000 0 0
    200 MARKET AVENUE N
    CANTON,OH44702
    NANCY KNUDSEN SEC/TREAS
    40.0     		83,878 0 0
    200 MARKET AVENUE N
    CANTON,OH44702
    WARD J TIMKEN JR TRUSTEE
    1.0     		0 0 0
    200 MARKET AVENUE N
    CANTON,OH44702
    JOY TIMKEN VICE PRES/TRUSTEE
    1.0     		0 0 0
    200 MARKET AVENUE N
    CANTON,OH44702
    WR TIMKEN Jr TRUSTEE
    1.0     		0 0 0
    200 MARKET AVENUE N
    CANTON,OH44702
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (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 N/A  
    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
    288,518,274
    b
    Average of monthly cash balances.......................
    1b
    8,367,754
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    47,825
    d
    Total (add lines 1a, b, and c).........................
    1d
    296,933,853
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d..........................
    3
    296,933,853
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    4,454,008
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    292,479,845
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    14,623,992
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    14,623,992
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    297,252
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    297,252
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    14,326,740
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    14,326,740
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    14,326,740
    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
    13,683,602
    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
    13,683,602
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    13,683,602
    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 14,326,740
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 8,948,314
    b Total for prior years:2008, 2007, 2006  
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008.......  
    e From 2009....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 13,683,602
    a Applied to 2009, but not more than line 2a 8,948,314
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2010 distributable amount..... 4,735,288
    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 ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		9,591,452
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    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.... 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.
    NONE
    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:
    WARD J TIMKEN
    200 MARKET AVENUE N SUITE 210
    CANTON,OH44702
    (330) 452-1144
    bThe form in which applications should be submitted and information and materials they should include:
    NO SPECIFIC FORM OF APPLICATION IS REQUIRED; INFORMATION SUBMITTED MUST INCLUDE VERIFICATION OF THE APPLICANT'S STATUS UNDER IRC SECTION 501(C)(3).
    cAny submission deadlines:
    THERE ARE NO SUBMISSION DEADLINES.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    EXCEPT UNDER UNUSUAL CIRCUMSTANCES GRANTS ARE AWARDED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES TO ORGANIZATIONS QUALIFIED UNDER IRC SECTION 501(C)(3) OR TO FOREIGN CHARITABLE ORGANIZATIONS PURSUANT TO REGULATIONS 53.4945-5(A)(5) BASED ON AFFIDAVITS OF THE GRANTEE ORGANIZATION OR OPINIONS OF COUNSEL THAT THE GRANTEE IS AN ORGANIZATION DESCRIBED IN SECTION 509(A)(1), (2), OR (3).
    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
    1 MAI VOCATIONAL HIGH SCHOOL
    CANTON OH 44708
    CANTON,OH44708
    RO     		N/A PUBLIC EQUIP A MECHATRONICS LABORATORY 54,000
    NORTH CAROLINA ZOOLOGICAL SOCIETY
    ASHEBORO NC 27205
    ASHEBORO,NC27205     		N/A PUBLIC EXPAND THE POLAR BEAR EXHIBIT 50,000
    ARTS IN STARK
    CANTON OH 44702
    CANTON,OH44702     		N/A PUBLIC PROVIDE FUNDING FOR ADDITIONAL STAFF TO ASSIST IN MARKETING AND GROWING THE CAMPAIGN, CONTINUING THE SmArts PROGRAM AND CONTRIBUTING TO THE ANNUAL CAMPAIGN 250,000
    ARTS IN STARK
    CANTON OH 44702
    CANTON,OH44702     		N/A PUBLIC PROVIDE FUNDING FOR ADDITIONAL STAFF TO ASSIST IN MARKETING AND GROWING THE CAMPAIGN, CONTINUING THE SmArts PROGRAM AND CONTRIBUTING TO THE ANNUAL CAMPAIGN 150,000
    CANINES HELPING INDEPENDENT PEOPLE INC
    Canton OH 44720
    CANTON,OH44720     		N/A PUBLIC PURCHASE AND MODIFY A VAN TO TRANSPORT HANDICAPPED INDIVIDUALS 51,000
    CANTON BALLET
    CANTON OH 44702
    CANTON,OH44702     		N/A PUBLIC PURCHASE AND INSTALL NEW AUDIO VISUAL EQUIPMENT FOR THE TRHEE STUDIOS 25,000
    GOODWILL INDUSTRIES OF GREATER CLEVELAND INC
    CANTON OH 44707
    CANTON,OH44707     		N/A PUBLIC PROVIDE FUNDS TO CREATE A COMMUNITY CAMPUS 200,000
    HABITAT FOR HUMANITY OF GREATER CANTON INC
    CANTON OH 44709
    CANTON,OH44709     		N/A PUBLIC PROVIDE A PORTION OF THE FUNDING FOR FIVE HOUSES EACH YEAR FOR TWO YEARS 125,000
    LIGHTHOUSE MINISTRIES OF CANTON
    CANTON OH 44707
    CANTON,OH44707     		N/A PUBLIC PROVIDE FUNDING FOR COMPUTER TECHNOLOGY GRANTS FOR THE NEIGHBORHOOD-BASED AFTER SCHOOL INITIATIVE 8,000
    PEGASUS FARM
    HARTVILLE OH 44632
    HARTVILLE,OH44632     		N/A PUBLIC RENOVATE THE ARENA AND PROVIDE FOR A NEW HEATING SOURCE 25,000
    NATIONAL FOOTBALL MUSEUM INC
    CANTON OH 44708
    CANTON,OH44708     		N/A PUBLIC CONSTRUCT A NEW MEDIA CENTER/PRESS BOX FOR FAWCETT STADIUM 225,000
    STARK COUNTY HISTORICAL SOCIETY
    CANTON OH 44708
    CANTON,OH44708     		N/A PUBLIC REPLACE A PORTION OF THE ROOFING ON THE WILLIAM MIKINLEY PRESIDENTIAL LIBRARY AND MUSEUM. 35,300
    STARK DEVELOPMENT BOARD INC
    CANTON OH 44702
    CANTON,OH44702     		N/A PUBLIC SUPPORT THE 2009-2012 FUND DRIVE 150,000
    STARK DEVELOPMENT BOARD INC
    CANTON OH 44702
    CANTON,OH44702     		N/A PUBLIC PROVIDE A PORTION OF THE OPERATING FUNDING FOR A COLLABORATIVE GOVERNMENT OFFICE 25,000
    STARK EDUCATION PARTNERSHIP INC
    CANTON OH 44702
    CANTON,OH44702     		N/A PUBLIC PROVIDE OPERATING FUNDS FOR THE 2010-2013 CAMPAIGN 125,000
    THE SALVATION ARMY - EASTERN TERRITORY
    MASSILLON OH 44646
    MASSILLON,OH44646     		N/A PUBLIC CONSTRUCT A NEW FACILITY IN MASSILLON 100,000
    UNIVERSITY OF MOUNT UNION
    ALLIANCE OH 44601
    ALLIANCE,OH44601     		N/A PUBLIC RENOVATE AND EXPAND THE HEALTH EDUCATION AND CAMPUS COMMUNITY WELLNESS FACILITY 200,000
    UNIVERSITY OF MOUNT UNION
    ALLIANCE OH 44601
    ALLIANCE,OH44601     		N/A PUBLIC RENOVATE AND EXPAND THE HEALTH EDUCATION AND CAMPUS COMMUNITY WELLNESS FACILITY 200,000
    YMCA OF CENTRAL STARK COUNTY
    CANTON OH 44709
    CANTON,OH44709     		N/A PUBLIC RENOVATE THE MEYERS LAKE YMCA (FORMERLY THE CYC) 112,500
    YOUNG MENS CHRISTIAN ASSOCIATION
    MASSILLON OH 44646
    MASSILLON,OH44646     		N/A PUBLIC RENOVATION OF EXISITNG STRUCTURE OF ITS YOUTH CENTER, WELLNESS CENTER, ORIGINAL POOL AREA, AND LOCKER ROOMS. AS WELL AS COMPLETE RENOVATION OF THE FIRST FLOOR TO HOUSE THE INTERFAITH CHILD DEVELOPEMENT CENTER. 125,000
    YOUNG WOMENS CHRISTIAN ASSOCIATION CANTON OH
    CANTON OH 44702
    CANTON,OH44702     		N/A PUBLIC CONSTRUCT GATEWAY HOUSE II FOR PERMANENT SUPPORTIVE HOUSING AND A FAMILY SHELTER 200,000
    SPARTANBURG COMMUNITY COLLEGE
    SPARTANBURG SC 29303
    SPARTANBURG,SC29303     		N/A PUBLIC CONSTRUCT AND EQUIP A LEGO ROBOTICS LABORATORY 100,000
    BOYS AND GIRLS COUNTRY OF HOUSTON
    HOCKLEY TX 77447
    HOCKLEY,TX77447     		N/A PUBLIC TO PURCHASE A VAN AND 4 LARGE DINING TABLES 75,000
    LINCOLN COUNTY COALITION AGAINST CHILD ABUSE INC
    LINCOLNTON NC 28092
    LINCOLNTON,NC28092     		N/A PUBLIC RENOVATE AND FURNISH A BUILDING FOR THE CHILD ADVOCACY CENTER 50,000
    LINCOLN CHARTER SCHOOL INC
    LINCOLNTON NC 28092
    LINCOLNTON,NC28092     		N/A PUBLIC EQUIP CLASSROOMS WITH WHITEBOARDS AND TO PURCHASE COMPUTERS FOR A ONE-TO-ONE COMPUTER PROGRAM IN THE HIGH SCHOOL. 150,000
    MANCHESTER HISTORICAL SOCIETY
    MANCHESTER CT 06040
    MANCHESTER,CT06040     		N/A PUBLIC TO REMOVE FLOOR TILE AND RESTORE THE FLOOR TO ORIGINAL MAPLE. 20,000
    LINCOLN CULTURAL DEVELOPEMENT CENTER INC
    LINCOLNTON NC 28092
    LINCOLNTON,NC28092     		N/A PUBLIC RENOVATE THE TIMKEN PERFORMANCE HALL 125,000
    RUTHERFORD COUNTY ARTS COUNCIL INC
    FOREST CITY NC 28043
    FOREST CITY,NC28043     		N/A PUBLIC THEY WISH TO ADD A NEW ENTERANCE AND TICKET BOOTH, PARKING LOTS, ADDITIONAL LANDSCAPING AND A NEW OUTDOOR STAGE FOR MUSIC AND THEATER PERFORMANCES. 20,000
    THE SALVATION ARMY CANTON CORPS
    CANTON OH 44702
    CANTON,OH44702     		N/A PUBLIC PURCHASE A BUS TO REPLACE ONE THAT WAS INVOLVED IN A TRAFFIC ACCIDENT 25,000
    HABITAT FOR HUMANITY ROMANIA
    ROMANIA
    BUCHAREST,BUCHAREST020325
    RO     		N/A PUBLIC BUILD 12 HOUSES IN PLOIESTI 327,000
    CHENGDU CHONGZHOU SPECIAL EDUCATION SCHOOL
    CHINA
    CHENDU,CHENDUCHENDU
    CH     		N/A PUBLIC CONSTRUCT A PLAYGROUND WITH A RUBBERIZED SURFACE 56,600
    WUXI OCCUPATIONAL TRAINING AND GUIDANCE CENTER
    JIANGSU PROVINCE CHINA
    JIANGSU PROVINCE,JIANGSU PROVINCEchina
    CH     		N/A PUBLIC EQUIP COMPUTER CLASSROOMS AND A MULTIMEDIA CLASSROOM 143,500
    YANTAI NO 12 MIDDLE SCHOOL
    SHANDONG CHINA
    SHANDONG,SHANDONGSHANDONG
    CH     		N/A PUBLIC RENOVATE AND EQUIP INDEPENDENT SPACE FOR USE BY THE YUHUANGDING COMMUNITY SCHOOL. 165,400
    CLEVELAND CLINIC FOUNDATION
    CLEVELAND OH 44195
    CLEVELAND,OH44195     		N/A PUBLIC PROVIDE FUNDING FOR SCHOLARSHIPS AND RESEARCH IN ADULT RECONSTRUCTION SURGERY 50,000
    GEORGE W BUSH PRESIDENTIAL LIBRARY FOUNDATION
    DALLAS TX 75206
    DALLAS,TX75206     		N/A PUBLIC PROVIDE FUNDING FOR THE GEORGE W. BUSH PRESIDENTIAL LIBRARY 300,000
    HOOVER INSTITUTION
    STANFORD CA 94305
    STANFORD,CA94305     		N/A PUBLIC RENOVATE THE LOU HENRY HOOVER BUILDING 150,000
    TEAM NEO FOUNDATION
    CLEVELAND OH 44115
    CLEVELAND,OH44115     		N/A PUBLIC PROVIDE UNRESTRICTED OPERATING FUNDS 125,000
    THE UNIVERSITY OF AKRON FOUNDATION
    AKRON OH 44325
    AKRON,OH44325     		N/A PUBLIC CONSTRUCT A NEW ENGINEERING BUILDING 400,000
    UNITED SERVICE ORGANIZATIONS INC
    ARLINGTON VA 22201
    ARLINGTON,VA22201     		N/A PUBLIC BUILD AND OPERATE TWO WARRIOR AND FAMILY CENTERS - ONE AT THE NEW WALTER REED HOSPITAL AND ONE AT FT. BELVOIR 130,000
    GOODWILL INDUSTRIES OF GREATER CLEVELAND INC
    CANTON OH 44707
    CANTON,OH44707     		N/A PUBLIC PROVIDE FUNDS TO CREATE A COMMUNITY CAMPUS 250,000
    GOODWILL INDUSTRIES OF GREATER CLEVELAND INC
    CANTON OH 44707
    CANTON,OH44707     		N/A PUBLIC PROVIDE FUNDS TO COMPLETE THE COMMUNITY CAMPUS 250,000
    NATIONAL FOOTBALL MUSEUM INC
    CANTON OH 44708
    CANTON,OH44708     		N/A PUBLIC PROVIDE FUNDING TO THE CAPITAL CAMPAIGN TO EXPAND THE PRO FOOTBALL HALL OF FAME 250,000
    STARK EDUCATION PARTNERSHIP INC
    CANTON OH 44702
    CANTON,OH44702     		N/A PUBLIC PROVIDE OPERATING FUNDS FOR THE 2010-2013 CAMPAIGN 125,000
    STARK EDUCATION PARTNERSHIP INC
    CANTON OH 44702
    CANTON,OH44702     		N/A PUBLIC PURCHASE KINDLE READERS FOR THE EARLY COLLEGE ACADEMY 37,750
    THE SALVATION ARMY - EASTERN TERRITORY
    MASSILLON OH 44646
    MASSILLON,OH44646     		N/A PUBLIC CONSTRUCT A NEW FACILITY IN MASSILLON 100,000
    THE SALVATION ARMY - EASTERN TERRITORY
    MASSILLON OH 44646
    MASSILLON,OH44646     		N/A PUBLIC CONSTRUCT A NEW FACILITY IN MASSILLON 100,000
    UNIVERSITY OF MOUNT UNION
    ALLIANCE OH 44601
    ALLIANCE,OH44601     		N/A PUBLIC RENOVATE AND EXPAND THE HEALTH EDUCATION AND CAMPUS COMMUNITY WELLNESS FACILITY 146,560
    UNIVERSITY OF MOUNT UNION
    ALLIANCE OH 44601
    ALLIANCE,OH44601     		N/A PUBLIC RENOVATE AND EXPAND THE HEALTH EDUCATION AND CAMPUS COMMUNITY WELLNESS FACILITY 53,440
    UNIVERSITY OF MOUNT UNION
    ALLIANCE OH 44601
    ALLIANCE,OH44601     		N/A PUBLIC PROVIDE FUNDING FOR A PART-TIME POSITION FOR THE RALPH AND MARY REGULA CENTER FOR EXCELLENCE AND FOR PROGRAMMING THE CENTER. 65,000
    GEORGE W BUSH PRESIDENTIAL LIBRARY FOUNDATION
    DALLAS TX 75206
    DALLAS,TX75206     		N/A PUBLIC PROVIDE FUNDING FOR THE GEORGE W. BUSH PRESIDENTIAL LIBRARY 300,000
    GEORGE W BUSH PRESIDENTIAL LIBRARY FOUNDATION
    DALLAS TX 75206
    DALLAS,TX75206     		N/A PUBLIC PROVIDE FUNDING FOR THE GEORGE W. BUSH PRESIDENTIAL LIBRARY 300,000
    GEORGE W BUSH PRESIDENTIAL LIBRARY FOUNDATION
    DALLAS TX 75206
    DALLAS,TX75206     		N/A PUBLIC PROVIDE FUNDING FOR THE GEORGE W. BUSH PRESIDENTIAL LIBRARY 122,000
    GEORGE W BUSH PRESIDENTIAL LIBRARY FOUNDATION
    DALLAS TX 75206
    DALLAS,TX75206     		N/A PUBLIC PROVIDE FUNDING FOR THE GEORGE W. BUSH PRESIDENTIAL LIBRARY 178,000
    THE UNIVERSITY OF AKRON FOUNDATION
    AKRON OH 44325
    AKRON,OH44325     		N/A PUBLIC CONSTRUCT A NEW ENGINEERING BUILDING 400,000
    THE UNIVERSITY OF AKRON FOUNDATION
    AKRON OH 44325
    AKRON,OH44325     		N/A PUBLIC CONSTRUCT A NEW ENGINEERING BUILDING 322,000
    THE UNIVERSITY OF AKRON FOUNDATION
    AKRON OH 44325
    AKRON,OH44325     		N/A PUBLIC CONSTRUCT A NEW ENGINEERING BUILDING 78,000
    UNITED SERVICE ORGANIZATIONS INC
    ARLINGTON VA 22201
    ARLINGTON,VA22201     		N/A PUBLIC BUILD AND OPERATE TWO WARRIOR AND FAMILY CENTERS - ONE AT THE NEW WALTER REED HOSPITAL AND ONE AT FT. BELVOIR 130,000
    UNITED SERVICE ORGANIZATIONS INC
    ARLINGTON VA 22201
    ARLINGTON,VA22201     		N/A PUBLIC BUILD AND OPERATE TWO WARRIOR AND FAMILY CENTERS - ONE AT THE NEW WALTER REED HOSPITAL AND ONE AT FT. BELVOIR 130,000
    UNITED SERVICE ORGANIZATIONS INC
    ARLINGTON VA 22201
    ARLINGTON,VA22201     		N/A PUBLIC BUILD AND OPERATE TWO WARRIOR AND FAMILY CENTERS - ONE AT THE NEW WALTER REED HOSPITAL AND ONE AT FT. BELVOIR 130,000
    NORTH CAROLINA ZOOLOGICAL SOCIETY
    ASHEBORO NC 27205
    ASHEBORO,NC27205     		N/A PUBLIC EXPAND THE POLAR BEAR EXHIBIT 50,000
    ASSOCIATION ESPOIR
    STRASBOURG FRANCE
    STRASBOURG    
    FR     		N/A PUBLIC RENOVATE A BUILDING AND INSTALL EQUIPTMENT TO DISASSEMBLE AND RECYCLE LARGE HOUSEHOLD WASTE 106,000
    ASSOCIATION OF LADIES OF CHARITY OF KNOXVILLE
    KNOXVILLE TN 37917
    KNOXVILLE,TN37917     		N/A PUBLIC PURCHASE AND RENOVATE A BUILDING FOR THE THRIFT SHOP AND FOOD PANTRY 33,550
    AULTMAN FOUNDATION
    CANTON OH 44710
    CANTON,OH44710     		N/A PUBLIC CONSTRUCT THE COMPASSIONATE CARE CENTER 250,000
    AULTMAN FOUNDATION
    CANTON OH 44710
    CANTON,OH44710     		N/A PUBLIC CONSTRUCT THE COMPASSIONATE CARE CENTER 250,000
    BOYS HOME OF THE SOUTH INC
    BELTON SC 29627
    BELTON,SC29627     		N/A PUBLIC ARE REQUESTING FUNDS TO COMPLETELY RENOVATE AND REFURBISH THE HAYES COLLEGE 111,809
    BUCYRUS AREA COMMUNITY FOUNDATION INC
    BUCYRUS OH 44820
    BUCYRUS,OH44820     		N/A PUBLIC PURCHASE AND RENOVATE A BUILDING TO BECOME THE FOUNDATION'S OFFICES 150,000
    BUCYRUS AREA COMMUNITY FOUNDATION INC
    BUCYRUS OH 44820
    BUCYRUS,OH44820     		N/A PUBLIC CONSTRUCT A MULTIPURPOSE BUILDING FOR THE CRAWFORD COUNTY AGRICULTURAL SOCIETY (FAIRGROUNDS) 100,000
    BUCYRUS REDMAN ATHLETIC BOOSTER CLUB
    BUCYRUS OH 44820
    BUCYRUS,OH44820     		N/A PUBLIC INSTALL THE NEW SCOREBOARD AT VETERANS MEMORIAL FIELD 12,000
    CANTON NEGRO OLDTIMERS INC
    CANTON OH 44705
    CANTON,OH44705     		N/A PUBLIC RENOVATE THE SECOND FLOOR OF THE 12TH STREET FACILITY FOR OFFICES AND A MEETING ROOM 14,550
    CANTON NEGRO OLDTIMERS INC
    CANTON OH 44705
    CANTON,OH44705     		N/A PUBLIC RENOVATE THE SECOND FLOOR OF THE 12TH STREET FACILITY FOR OFFICES AND A MEETING ROOM 6,450
    CHEROKEE HISTORICAL AND PRESERVATION SOCIETY INC
    GAFFNEY SC 29340
    GAFFNEY,SC29340     		N/A PUBLIC RENOVATE THE AUDITORIUM PORTION OF THE BUILDING HOUSING THE CHEROKEE COUNTY HISTORY AND ARTS MUSEUM. 120,000
    CITY OF LEBANON
    LEBANON NH 03756
    LEBANON,NH03756     		N/A PUBLIC PURCHASE THREE MONITOR/DEFIBRILLATORS FOR USE IN THE AMBULANCES 76,645
    CITY OF UNION
    UNION SC 29379
    UNION,SC29379     		N/A PUBLIC TO FUND THE PURCHASE OF THEATER EQUIPMENT SUCH AS PERFORMANCE LIGHTING AND AUDIO 250,000
    COLLEGE ROBERT SCHUMAN VOLGELSHEIM
    VOLGELSHEIM FRANCE
    VOLGELSHEIM    
    FR     		N/A PUBLIC RENOVATE AND EQUIP A COMPUTER LAB FOR LANGUAGE, COMPUTER AND MUSIC CLASSES 90,400
    COMMUNITY COLLEGES OF NEW HAMPSHIRE FOUNDATION
    CONCORD NH 03301
    CONCORD,NH03301     		N/A PUBLIC CONSTRUCT THE CENTER FOR BUSINESS AND INDUSTRY 40,000
    COMMUNITY SERVICES OF STARK COUNTY
    CANTON OH 44702
    CANTON,OH44702     		N/A PUBLIC PROVIDE FUNDING TO PURCHASE THE RED CARPET INN TO RELOCATE THE FAMILY LIVING CENTER 50,000
    COVER HOME REPAIR INC
    HARTFORD VT 05047
    HARTFORD,VT05047     		N/A PUBLIC PURCHASE A TRUCK AND REPLACE THE ROOF 53,000
    CSA MERCY MINISTRIES
    MASSILLON OH 44646
    MASSILLON,OH44646     		N/A PUBLIC PURCHASE FURNISHINGS, APPLIANCES AND FENCING FOR THE NEWLY RENOVATED FACILITY 49,500
    DBMS BOARD OF TRUSTEES
    JAMSHHEDPUR INDIA
    JAMSHHEDPUR    
    IN     		N/A PUBLIC CONSTRUCT ADDITIONAL CLASSROOMS AND LABS FOR DBMS KADMA HIGH SCHOOL 150,000
    DAWN
    ALTAVISTA VA 24517
    ALTAVISTA,VA24517     		N/A PUBLIC RENOVATE A PORTION OF THE ALTAVISTA VOLUNTEER FIRE COMPANY BUILDING FOR THEIR USE 33,900
    EAA CHAPTER 1077
    NEW PHILADELPHIA OH 44663
    NEW PHILADELPHIA,OH44663     		N/A PUBLIC TO RECEIVE GRANT MONEY FOR CONTINUED UPDATING OF THE HANGER AREA FOR THE PURPOSE OF EDUCATION FOR THE WRIGHT FLIGHT PROGRAM 15,000
    HABITAT FOR HUMANITY OF RANDOLPH COUNTY INC
    ASHEBORO NC 27205
    ASHEBORO,NC27205     		N/A PUBLIC CONSTRUCT A HOME IN OLDE MAIN TERRACE 20,000
    HABITAT FOR INTERNATIONAL INC
    ATLANTA GA 30303
    ATLANTA,GA30303     		N/A PUBLIC TO CREATE A COVENANT PARTNER AND PROVIDE FUNDING AS WELL AS LABOR TO BUILD HOME OVER AN 8 WEEK SCHEDULE. 40,000
    HAND IN HAND TAMIL NADU
    TAMIL NADU INDIA
    TAMIL NADU    
    IN     		N/A PUBLIC PROVIDE FUNDING TO CONSTRUCT WATER PURIFICATION PLANTS AND DIG BORE WELLS IN VILLAGES AROUND MAHINDRA CITY 50,000
    HICKORY FLAT UNITED METHODIST CHURCH
    HICKORY FLAT MS 38633
    HICKORY FLAT,MS38633     		N/A PUBLIC PURCHASE COMPUTERS AND SOFTWARE TO FACILITATE THEIR GED AND JOB SEARCH PROGRAMS 10,324
    HILTON HALL COMMUNITY ASSOCIATION
    LANESFIELD WOLVERHAMTPON UK
    LANESFIELD,WOLVERHAMPTON  
    UK     		N/A PUBLIC PURCHASE AND INSTALL NEW WINDOWS IN THE HILTON HALL COMMUNITY CENTRE 44,200
    HOUSE OF FLAGS MUSEUM
    COLUMBUS NC 28722
    COLUMBUS,NC28722     		N/A PUBLIC RENOVATE THE SECOND FLOOR OF A BUILDING IN DOWNTOWN COLUMBUS FOR THE MUSEUMS USE 15,500
    HOUSE OF REFUGE INC
    MESA AZ 85212
    MESA,AZ85212     		N/A PUBLIC PROVIDE FUNDING FOR THE INSTALLATION OF R-30 INSULATION IN 22 OF THEIR 88 HOMES 23,606
    KIDSENSES INC
    RUTHERFORDTON NC 28139
    RUTHERFORDTON,NC28139     		N/A PUBLIC TO PURCHASE 'AMAZING AIRWAYS' EXHIBIT FOR THE MUSEUM TO DELIVER SCIENCE BASED EDUCATION TO VISITING ELEMENTRY SCHOOLS 25,000
    LEBANON COLLEGE
    LEBANON NH 03766
    LEBANON,NH03766     		N/A PUBLIC FUNDING OF A NURSING ARTS LAB AND UPGRADE OF THE COLLEGE'S TECHNOLOGY INFRASTRUCTURE 86,081
    LES PAPILLONS BLANCS
    SAINT-CLOUD FRANCE
    SAINT-CLOUD,SAINT-CLOUDSAINT-CLOUD
    FR     		N/A PUBLIC PURCHASE 6 HYDRO MASSAGE BATHS 54,000
    LIMESTONE COLLEGE
    GAFFNEY SC 29340
    GAFFNEY,SC29340     		N/A PUBLIC TO ASSIST WITH THE CONSTRUCTION OF A NEW LIBRARY ON CAMPUS. 180,000
    LUDONG UNIVERSITY
    SHANDONG CHINA
    SHANDONG    
    CH     		N/A PUBLIC PURCHASE EQUIPTMENT AND DISPLAY CASES FOR THREE LIFE SCIENCES EXHIBITIONS 137,900
    MASCOMA VALLEY HEALTH INITIATIVE
    CANAAN NH 03741
    CANAAN,NH03741     		N/A PUBLIC MASCOMA VALLEY HEALTH INITIATIVE IS SPONSORING A HANDICAPPED ACCESSIBLE PLAYGROUND. 23,356
    MASSILLON HERITAGE FOUNDATION
    MASSILLON OH 44646
    MASSILLON,OH44646     		N/A PUBLIC PRESERVATION AND RESTORATION NECESSARY TO PRESERVE FIVE OAKS, HOME OF THE MASSILLON WOMEN'S CLUB 20,000
    MIRACLES IN MOTION
    KEENE NH 03431
    KEENE,NH03431     		N/A PUBLIC IMPROVE THE INDOOR ARENA 27,842
    MONADNOCK HABITAT FOR HUMANITY INC
    KEENE NH 03431
    KEENE,NH03431     		N/A PUBLIC BUILD A HOME IN 2011 IN TROY, NH 45,650
    MONTSHIRE MUSEUM OF SCIENCE INC
    NORWICH VT 05055
    NORWICH,VT05055     		N/A PUBLIC CONSTRUCT AN OUTDOOR PAVILION AND RESTROOMS 50,000
    NICHITA STANESCU NATIONAL COLLEGE
    PLOIESTI ROMANIA
    PLOIESTI    
    RO     		N/A PUBLIC PURCHASE SMART BOARDS, EQUIP A COMPUTER LAB, PROVIDE INTERIOR SURVEILLANCE AND COMMUNICATION EQUIPMENT 71,000
    ODYSSEY COMMUNITY SCHOOL
    MANCHESTER CT 06040
    MANCHESTER,CT06040     		N/A PUBLIC PURCHASE COMPUTERS FOR A MOBILE COMPUTER AND VIDEO LAB 39,950
    PARIKRMA HUMANITY FOUNDATION
    BANGALORE INDIA
    BANGALORE    
    IN     		N/A PUBLIC PURCHASE TWO BUSES TO TRANSPORT POOR CHILDREN TO SCHOOL AND ACTIVITIES 57,500
    PAZ DE CRISTO COMMUNITY CENTER
    MESA ARIZONA 85210
    MESA,AZ85210     		N/A PUBLIC RENOVATE THE DINING AREA AND RESTROOMS 14,000
    PREBLE COUNTY HISTORICAL SOCIETY
    EATON OH 45320
    EATON,OH45320     		N/A PUBLIC CONSTRUCT AN OUTDOOR AMPHITHEATER 30,000
    PRIME TIME BASKETBALL
    CLEVELAND OH 44181
    CLEVELAND,OH44181     		N/A PUBLIC REFUND - PROVIDE OPERATING FUNDS FOR 2007-2008 -20,292
    RANDLEMAN HIGH SCHOOL
    RANDLEMAN NC 27317
    RANDLEMAN,NC27317     		N/A PUBLIC CONSTRUCT A BUILDING NEAR THE BASEBALL FIELD FOR CONCESSIONS. RESTROOMS, LOCKER ROOM, ECT. 10,000
    RANDOLPH TECHNICAL COLLEGE FOUNDATION INC
    ASHEBORO NC 27203
    ASHEBORO,NC27203     		N/A PUBLIC PURCHASE EQUIPMENT FOR AN ADVANCED FLEXIBLE MANUFACTURING CELL 45,000
    ROTARY CLUB OF LEBANON NH CHARITIES INC
    LEBANON NH 03766
    LEBANON,NH03766     		N/A PUBLIC BUILD A WALKWAY TO THE HIGH STREET FOUNTAIN AND COMPLETE THE LANDSCAPING 20,000
    SCOUTS CANADA TRISHORES COUNCIL
    ONTARIO CANADA
    ONTARIO,ONTARIOONTARIO
    CA     		N/A PUBLIC CONSTRUCT A BUILDING TO BE USED FOR ENVIRONMENTAL PROGRAMMING FOR SCOUTS 100,000
    SECOND WIND FOUNDATION
    AUBURN NH 03032
    AUBURN,NH03032     		N/A PUBLIC PURCHASE AND RENOVATE THE BUILDING IN WHICH THEY ARE PRESENTLY OPERATING 75,000
    SHILOH DANIELTOWN OAKLAND VOLUNTEER FIRE DEPT INC
    FOREST CITY NC 28043
    FOREST CITY,NC28043     		N/A PUBLIC ARE SEEKING FUNDS TO PURCHASE SPECIFIC ITEMS FOR THE DEPARTMENT 31,000
    SHISHU MANDIR
    BANGALORE INDIA
    BANGALORE,BANGALOREBANGALORE
    IN     		N/A PUBLIC BUILD A NEW CHILDRENS HOME TO SERVE 50 CHILDREN 151,340
    SHUANGMA TOWN CENTRAL SCHOOL
    SHUANGMA CHINA
    SHUANGMA,SHUANGMASHUANGMA
    CH     		N/A PUBLIC REWIRE THE SCHOOL AND EQUIP IT WITH MULTIMEDIA EQUIPMENT 51,350
    ST JOSEPH HOSPITAL
    ORANGE CA 92868
    ORANGE,CA92868     		N/A PUBLIC PURCHASE A SECOND DA VINCI ROBOTIC SURGICAL SYSTEM FOR THE HOSPITAL 75,000
    STARK STATE COLLEGE FOUNDATION
    NORTH CANTON OH 44720
    NORTH CANTON,OH44720     		N/A PUBLIC CONSTRUCT AND EQUIP CLASSROOMS AND COMMON AREAS IN THE WIND ENERGY RESEARCH AND DEVELOPEMENT CENTER 476,186
    STARK STATE COLLEGE FOUNDATION
    NORTH CANTON OH 44720
    NORTH CANTON,OH44720     		N/A PUBLIC TO SUPPORT THE ACQUISITION OF SPECIALIZED TRAINING EQUIPTMENT FOR 2,033 SQUARE FEET OF CLASSROOM SPACE IN THE NEW 17,000 SQUARE FEET WIND ENERGY RESEARCH AND DEVELOPEMENT CENTER 248,313
    THE COMMUNITY DROP-IN CENTER INC
    CANTON OH 44707
    CANTON,OH44707     		N/A PUBLIC COMPLETE INTERIOR RENOVATIONS AND EQUIP A COMMERCIAL KITCHEN 20,855
    THE FIRST TEE OF CANTON INC
    CANTON OH 44705
    CANTON,OH44705     		N/A PUBLIC CONSTRUCT PRACTICE SAND BUNKER AND A COVERED SHELTER AT DRIVING RANGE AND PURCHASE EQUIPMENT 15,727
    THE JOHN WESLEY COMMUNITY CENTRE
    SOUTH AFRICA
    JOHANNESBURG    
    SF     		N/A PUBLIC CONSTRUCT AND EQUIP NEW BUILDING TO HOUSE A PORTION OF THE PRE-SCHOOL PROGRAM. 100,000
    THE UPPER VALLEY HAVEN INC
    WHITE RIVER JUNCTION VT 05001
    WHITE RIVER JUNCTION,VT05001     		N/A PUBLIC CONSTRUCT ADDITIONAL OFFICE SPACE, CONSTRUCT A TODDLER PLAY GARDEN AND BUILD A STORAGE SHED FOR BICYCLES 25,000
    TUSCARAWAS COUNTY CHILD ADVOCACY CENTER
    NEW PHILADELPHIA OH 44663
    NEW PHILADELPHIA,OH44663     		N/A PUBLIC RENOVATE AND FURNISH OFFICE SPACE FOR A CHILD ADVOCACY CENTER 25,000
    WILDERNESS CENTER INC
    WILMOT OH 44689
    WILMOT,OH44689     		N/A PUBLIC TIE IN TO THE MAIN TRUNK LINE FOR NATURAL GAS SUPPLY 34,500
    TOWN OF SOSNOWIEC
    SOSNOWIEC POLAND
    SOSNOWIEC,SOSNOWIECSOSNOWIEC
    PL     		N/A PUBLIC PROVIDE FUNDING TO THE SOSNOWIEC MUNICIPAL HOSPITAL TO PURCHASE EQUIPMENT FOR THE DETECTION AND TREATMENT OF STOMACH AND BOWEL CANCER. 400,000
    Total .................................bullet 3a 13,278,742
    bApproved for future payment
    NATIONAL FOOTBALL MUSEUM INC
    CANTON OH 44708
    CANTON,OH44708     		N/A PUBLIC PROVIDE FUNDING TO THE CAPITAL CAMPAIGN TO EXPAND THE PRO FOOTBALL HALL OF FAME 250,000
    STARK DEVELOPMENT BOARD INC
    CANTON OH 44702
    CANTON,OH44702     		N/A PUBLIC PROVIDE A PORTION OF THE OPERATING FUNDING FOR A COLLABORATIVE GOVERNMENT OFFICE 25,000
    CLEVELAND CLINIC FOUNDATION
    CLEVELAND OH 44195
    CLEVELAND,OH44195     		N/A PUBLIC PROVIDE FUNDING FOR SCHOLARSHIPS AND RESEARCH IN ADULT RECONSTRUCTION SURGERY 100,000
    MEALS ON WHEELS OF STARK & WAYNE COUNTIES
    Massillon OH 44646
    MASSILLONO,OH44646     		N/A PUBLIC REPLACE AND UPGRADE THE COMPUTER NETWORK AND FILE SERVER 35,000
    ALLIANCE FAMILY YMCA
    ALLIANCE OH 44601
    ALLIANCE,OH44601     		N/A PUBLIC RENOVATION OF EXISTING STRUCTE OF ITS YOUTH CENTER, WELLNES CENTER, ORIGINAL POOL AREA, LOCKER ROOMS, AND THE RENOVATION OF THE FIRST FLOOR TO HOUSE THE INTERFAITH CHILD DEVELOPMENT CENTER. 225,000
    TOWPATH TRAIL YMCA
    NAVARRE OH 44662
    NAVARRE,OH44662     		N/A PUBLIC TO ADD A 4 LAP POOL AND CHILD CARE ADDITION 50,000
    CANTON SYMPHONY ORCHESTRA ASSOCIATION
    CANTON OH 44702
    CANTON,OH44702     		N/A PUBLIC TO UPDATE AND EXPAND UMSTATTD HALL 1,000,000
    COMMUNITY SERVICES OF STARK COUNTY INC
    CANTON OH 44702
    CANTON,OH44702     		N/A PUBLIC PROVIDE FUNDING TO PURCHASE THE RED CARPET INN TO RELOCATE THE FAMILY LIVING CENTER. 50,000
    Total ..................................bullet 3b 1,735,000
    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 4,953  
    4 Dividends and interest from securities....     14 6,487,227  
    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 7,402,482  
    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)..   13,894,662  
    13Total. Add line 12, columns (b), (d), and (e)...................
    1313,894,662
    (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:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX RETURN PREPARATION & AUDIT 26,000 0 0 26,000

    TY 2010 AllOthProgRltdInvestmentsSch
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Category Amount
    NONE  

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

    TY 2010 AmortizationSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
    SOFTWARE 2008-03-13 2,975 2,562 3.0 413     2,975
    MICROEDGE SOFTWARE 2009-03-02 3,093 1,632 3.0 1,031     2,663

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

    TY 2010 DepreciationSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    FURNITURE & EQUIP 2001-01-15 36,754 36,753 M7          
    LEASEHOLD IMPROVE 2001-01-15 14,551 9,826 M15   860      
    BUILDING IMPROVE 2001-01-15 65,506 16,312 M39   1,680      
    LEASEHOLD IMPROVE 2001-10-01 16,444 10,132 M15   970      
    FURNITURE & EQUIP 2001-10-01 1,556 1,555 M7          
    FURNITURE & EQUIP 2002-01-11 2,862 2,862 M7          
    FURNITURE & EQUIP 2002-04-18 2,842 2,842 M7          
    COMPUTERS 2004-03-01 1,805 1,805 M5          
    LAPTOP COMPUTER 2004-07-06 2,408 2,407 M5          
    PRINTER 2004-09-15 299 299 M5          
    SERVER 2004-09-30 1,410 1,410 M5          
    OFFICE FURNITURE 2004-10-08 5,125 4,438 M7   458      
    OFFICE FURNITURE 2004-11-19 458 396 M7   41      
    FURNITURE & EQUIP 2006-01-05 647 502 M7   58      
    FURNITURE & EQUIP 2006-06-06 2,489 1,934 M7   222      
    LAPTOP COMPUTER 2006-11-20 2,200 1,819 M5   253      
    COMPUTER 2010-03-25 1,128 226 M5   361      
    COMPUTER 2010-09-29 715 143 M5   229      
    COMPUTER 2010-09-29 1,415 283 M5   453      
    SECURITY SYSTEM 2010-02-03 9,709 1,942 M5   3,107      
    COPIER 2010-02-03 2,750 550 M5   880      

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ALBERTSON'S, 7.25% 26,256 24,750
    DUE 5/1/13    
    AMERICAN AXLE, 5.25% 25,312 23,500
    DUE 2/11/14    
    AD MIDLAND, 8.875%, DUE 0 0
    4/15/11    
    AT&T WIRELESS, 8.125% 546,880 520,180
    DUE 5/1/12    
    BOEING CAPITAL CORP., 6.5% 260,458 255,240
    DUE 2/15/12    
    CAMPBELL SOUP, 8.875% 293,039 435,444
    DUE 5/1/21    
    CHUBB, 6.0%, DUE 11/15/11 305,255 301,731
    EL PASO CP, 7.0% 0 0
    DUE 5/15/11    
    FIRST ENERGY, 6.45% 224,933 251,360
    DUE 11/15/11    
    DONNELLY RR, 8.875% 244,195 0
    DUE 4/15/21    
    GOLDMAN SACHS, 1.269% 30,000 28,746
    DUE 2/7/14    
    GENERAL MOTORS, 6.75%, DUE 0 0
    5/01/28    
    GENERAL MOTORS, 7.2%, DUE 0 0
    1/15/11    
    HALLIBURTON, 8.75%, DUE 259,202 382,884
    2/15/21    
    HCA INC, 5.75% 100,246 97,500
    DUE 3/15/14    
    HCA INC, 6.375% 100,750 97,250
    DUE 1/15/15    
    HERTZ CORP, 7.625% 242,255 252,187
    DUE 6/1/12    
    IBM, 7.5%, DUE 6/15/13 1,098,969 1,107,300
    INT LEASE, 5.75% 50,375 44,441
    DUE 5/15/16    
    INT LEASE 6.375% 99,093 97,250
    DUE 3/25/13    
    KB HOME, 5.75% 25,219 21,750
    DUE 2/1/14    
    KIMBERLY CLARK, 6.875% 193,783 227,628
    DUE 2/15/14    
    MCDONALDS CORP., 8.875% 0 0
    DUE 4/1/11    
    MORGAN STANLEY, 6.6% 1,011,305 1,021,720
    DUE 4/1/12    
    NORFOLK SOUTHERN, 9% 108,300 150,210
    DUE 3/1/21    
    WYETH, 5.5%, DUE 2/1/14 1,039,936 1,100,890
    REGIONS FINANCIAL 5.75% 75,370 72,000
    DUE 6/15/15    
    SPRINT CAP, 8.375% 511,880 505,000
    DUE 3/15/12    
    STANDARD PAC CORP, 6.25% 25,691 24,000
    DUE 4/1/14    
    SYNOVUS FINANCIAL, 4.875% 24,245 23,250
    DUE 2/15/13    
    TORCH MARK, 7.875% 101,309 118,307
    DUE 5/15/23    
    UNITED TECH, 8.875% 288,719 422,127
    DUE 11/15/19    
    VERIZON PA, 6.42%, DUE 0 0
    11/15/11    
    WALMART STORES, 7.25%, DUE 1,059,173 1,107,790
    6/1/13    
    WALT DISNEY, 6.375%, DUE 995,005 1,022,830
    3/1/12    
    ZIONS BANCORP, 5.5% 23,403 23,176
    DUE 11/16/15    
    AMERICAN GEN FIN, 4.875% 25,187 23,375
    DUE 7/15/12    
    AMERICAN GEN FIN, 5.85% 24,999 21,375
    DUE 6/1/13    
    ANHEUSER-BUSCH 4.375% 720,005 779,153
    DUE 1/15/13    
    APACHE GROUP 6.25% 1,033,005 1,027,260
    DUE 4/15/12    
    ADELPHIA SECURITY (DEFAULT) 1 152
    7.75%, DUE 1/15/09    
    ALPHA NATURAL RESOURCES 283,742 266,119
    6.25%, DUE 6/1/21    
    ARCH COAL INC SERIES 144A 197,000 197,000
    7.25%, DUE 6/15/21    
    ARCH WESTERN 187,440 191,520
    6.75%, DUE 7/1/2013    
    BERRY PETROLEUM 8.25%, DUE 32,550 61,200
    11/01/16    
    BRIGHAM EXPLORATION CO 48,000 46,800
    6.875%, DUE 6/1/19    
    CSC HOLDING INC DBT, 472,008 522,500
    7.625%, DUE 7/15/18    
    CSC HOLDING INC 7.875% 0 0
    DUE 2/15/18    
    CELANESE US HOLDINGS LLC 102,705 102,341
    6.625%, DUE 10/15/18    
    CB CENTURY COMM ESCROW 1 8,165
    8.875%, DUE 1/15/07    
    CLEARWATER PAPER CORP, 7.125% 30,000 29,775
    DUE 11/1/18    
    COLUMBIA / HCA HEALTHCARE CORP 94,983 97,970
    7.19%, DUE 11/15/15    
    CONCHO RESOURCES INC 65,061 69,960
    8.625% 10/01/2017    
    CONCHO RESOURCES INC 102,395 100,495
    7.00%, DUE 1/15/21    
    CONCHO RESOURCES INC 94,000 92,590
    6.50%, DUE 1/15/22    
    CONSOL ENERGY INC SERIES 144A 27,033 26,055
    6.375%, DUE 3/1/21    
    CONTINENTAL RESOURCES INC 32,723 35,310
    8.25% DUE 10/01/2019    
    CROWN AMER/CAP SERIES III 144A 45,000 45,000
    6.25%, DUE 2/1/21    
    CROWN CORK & SEAL CO 280,309 312,840
    7.375% 12/15/2026    
    DAVITA INC. SR SUB NT, 7.25% 0 0
    DUE 3/15/15    
    DAVITA INC. 6.375% 245,326 238,080
    DUE 11/1/18    
    DAVITA INC 6.625% 207,793 201,600
    DUE 11/1/20    
    DENBURY RESOURCES INC, SR SUB 0 0
    7.5%, DUE 4/1/13    
    DENBURY RESOURCES INC, 7.5% 0 0
    DUE 12/15/15    
    DENBURY RESOURCES INC, 6.375% 150,938 147,440
    DUE 8/15/21    
    DENBURY RESOURCES INC, 8.25% 131,000 137,550
    DUE 2/15/20    
    ENDO PHARMACEUTICAL HLDGS INC. 95,000 95,238
    7.25%, DUE 1/15/22    
    FREEPORT-MCMORAN C&G 0 0
    8.375%, 4/1/17    
    FOREST OIL CORP, 7.25%, 624,618 661,920
    DUE 6/15/19    
    FRESENIUS MED CARE SERIES 144A 59,624 58,865
    5.75%, DUE 2/15/21    
    HCA INC NTS 5,542 6,090
    6.75%, DUE 7/15/13    
    HCA INC NTS 87,000 101,375
    6.25%, DUE 2/15/13    
    HCA INC NTS 37,833 35,335
    6.50%, DUE 2/15/16    
    HEALTHSOUTH CORP 7.25% 131,460 123,500
    DUE 10/1/18    
    HEALTHSOUTH CORP 7.75% 68,980 61,710
    DUE 9/15/22    
    HEXCEL CORP SR SUB NT 100,740 105,300
    6.75%, DUE 2/1/15    
    IASIS HEALTHCARE SERIES 144A 44,675 36,450
    8.375%, DUE 5/15/19    
    KCS ENERGY INC SR NTS 0 0
    7.125%, DUE 4/1/08-12    
    LAMAR MEDIA CORP SR SUB NT, 97,210 123,125
    6.625%, DUE 8/15/15    
    LAMAR MEDIA CORP, 6.625% 229,855 250,537
    08/15/2015    
    LAMAR MEDIA CORP 246,185 267,240
    6.625% 08/15/2015-2010    
    LAREDO INC SERIES 144A 168,781 170,100
    9.5%, DUE 2/15/19    
    MBNA, 5%, DUE 6/15/15 1,475,645 1,465,920
    MERCK, 4.75%, DUE 3/1/15 970,295 1,123,210
    METLIFE, 5.5%, DUE 6/15/14 507,055 547,490
    NRG ENERGY INC, 7.25%, 0 0
    DUE 2/1/14    
    NRG ENERGY INC, 7.375%, 0 0
    DUE 2/1/16    
    NRG ENERGY INC, 7.375%, 0 0
    DUE 1/15/17    
    NRG ENERGY INC, 7.625% 745,000 677,950
    DUE 5/15/19    
    NRG ENERGY INC, 7.825% 373,000 341,295
    DUE 5/15/21    
    NALCO COMPANY 0 0
    8.875%, DUE 11/15/13    
    NALCO COMPANY 252,706 268,275
    6.625%, DUE 1/15/19    
    NEENAH PAPER INC, 7.375% 220,567 299,880
    DUE 11/15/14    
    NEWFIELD EXPL CO 337,950 357,075
    7.125%, DUE 05/15/2018    
    NEWFIELD EXPL CO SR SUB NTS, 118,138 115,575
    6.625%, DUE 9/1/09-14    
    NEWFIELD EXPLORATION COMPANY 100,000 101,000
    6.625%, DUE 4/15/16    
    NOVA CHEMICALS CORP 111,650 106,150
    DUE 11/15/13    
    OMNICARE INC SR SUB NT, 98,819 100,456
    6.875%, DUE 12/15/2015    
    OMNICARE INC SR SUB NTS 27,169 27,032
    6.125%, DUE 6/1/2013    
    OWENS-BROCKWAY GLASS, 6.75% 0 0
    DUE 12/1/14    
    PENN VIRGINIA CORP 10.375% 0 0
    06/15/2016-2013    
    PEPSIAMERICAS, 4.875%, DUE 1,343,621 1,545,812
    1/15/15    
    PLAINS EXPLORATION & PRODUCT, 221,636 226,000
    7%, DUE 3/15/17    
    PLAINS EXPLORATION & PRODUCT, 462,375 474,830
    7.75%, DUE 6/15/15    
    RANGE RESOURCES CORP SR, 502,133 536,360
    7.5%, DUE 10/01/2017-2012    
    RANGE RESOURCES CORP, 6.375%, 0 0
    DUE 3/15/15    
    SILGAN HOLDINGS INC 0 0
    6.75%, DUE 11/15/2013-2008    
    SUN HEALTHCARE GROUP INC 0 0
    9.125%, DUE 04/15/2015-2011    
    TECK RESOURCES LIMITED 343,251 494,244
    6.125%, DUE 10/01/2035    
    TRANSDIGM INC, 7.75% 0 0
    DUE 7/15/14    
    WHITING PETROLEUM CORP, 7% 372,521 419,610
    DUE 2/1/14    
    RIO TINTO FIN USA LTD 39,034 53,831
    9% 05/01/2019    
    HEALTH MGMT ASSOC INC, 6.125% 349,568 408,720
    DUE 04/15/16    
    MARKWEST ENERGY PART, 8.75% 199,706 210,870
    DUE 04/15/18    
    MARKWEST ENERGY PART, 6.5% 221,615 227,550
    DUE 8/15/21    
    MCMORAN EXPLORATION CO 11.875% 17,883 23,690
    DUE 11/15/14    
    MERCER INTL INC, 9.25% 0 0
    DUE 02/15/13    
    PLAINS EXPLORATION & PRODUCT, 120,000 123,000
    7.625% DUE 06/01/18    
    PLAINS EXPLORATION & PRODUCT, 492,000 482,775
    6.625%, DUE 5/1/21    
    POLYMER GROUP INC SERIES 144A 135,250 129,675
    7.75%, DUE 2/1/19    
    TEXAS COMP TXU SERIES 144A, 95,000 37,500
    10.25% DUE 11/1/15    
    CIT GROUP, INC. 7% DUE 0 0
    05/01/2013    
    CIT GROUP, INC. 7% DUE 28,290 60,361
    05/01/2014    
    CIT GROUP, INC. 7% DUE 114,952 105,319
    05/01/2015    
    CIT GROUP, INC. 7% DUE 185,235 171,553
    05/01/2016    
    CIT GROUP, INC. 7% DUE 257,847 240,175
    05/01/2017    
    ANADARKO PETROLEUM CORP 6.45% 0 0
    09/15/2036    
    ANTERO RESOURCES FINANCE 9.375 63,551 66,560
    12/01/2017    
    ARCH COAL INC 7.25% 77,000 73,920
    10/01/2020    
    BALL CORP 6.75% DUE 09/15/2020 112,733 112,815
    BOISE PAPER HDG/CO-ISSR 8% 90,553 91,238
    04/01/2020    
    CF INDUSTRIES INC 7.125% 631,375 703,748
    05/01/2020    
    FORESIGHT ENERGY LL/CORP 129,310 135,340
    SERIES 9.625% - 08/15/2017    
    GEORGIA PACIFIC CORP SERIES 127,148 132,038
    7.125% - 01/15/2017    
    GOODRICH CORP SERIES 144A 102,000 98,430
    8.875%, DUE 3/15/19    
    LIFEPOINT HOSPITALS INC SERIES 55,356 54,175
    6.625% - 10/01/2020    
    MOOG INC 6.25% - 01/15/2015 46,320 48,000
    NRG ENERGY INC SERIES 8.25% 183,000 172,935
    09/01/2020    
    PETROHAWK ENERGY CORP 7.25% 283,679 317,615
    08/15/2018    
    PHIBRO ANIMAL HEALTH 9.25% 74,208 73,313
    07/01/2018    
    RANGE RESOURCES CORP 6.75% 34,000 36,210
    08/01/2020    
    SM ENERGY CO SERIES 144A 263,323 254,720
    6.625% DUE 2/15/19    
    SANDRIDGE ENERGY SERIES 144A 66,000 60,720
    7.5%, DUE 3/15/21    
    WARNER CHILCOTT CO LLC 7.75% 231,214 214,875
    09/15/2018    

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Name of Stock End of Year Book Value End of Year Fair Market Value
    70,750 ROCKWELL AUTOMATION 50,558 3,962,000
    5,097,944 THE TIMKEN COMPANY 43,498,246 167,314,522
    122,550 ROCKWELL COLLINS 133,240 6,465,738
    322,573 PIMCO PACIFIC INVEST 3,472,993 3,235,409
    122,141 ADELPHIA CONTINGENT 68,399 5,008
    93,085 ADELPHIA CONTINGENT 7,973 1,862
    1,032,000 TIME WARNER CABLE 0 0
    600 3 M COMPANY 51,980 43,074
    1,100 ABBOTT LABORATORIES 57,259 56,254
    1,000 ACCENTURE PLC IRELAND 55,427 52,680
    1,125 AMERICA MOVIL S A B DE 28,474 24,840
    2,000 A D MIDLAND 59,156 49,620
    700 BHP BILLITON LIMITED 59,573 46,509
    2,100 BISTROL MYERS SQUIBB CO 61,663 65,898
    600 CATERPILLAR INC. 56,752 44,304
    2,050 CENTURY LINK INC 73,013 67,896
    200 CHESAPEAKE ENERGY 17,952 18,600
    800 CHEVRON CORP 80,712 74,072
    600 CUMMINS INC 57,543 48,996
    1,700 CVS CAREMARK CORP 61,474 57,103
    900 DIAMOND OFFSHORE DRILLING 59,748 49,266
    1,600 DU PONT 79,171 63,952
    6,351 GENERAL MOTORS 743,007 128,163
    1,100 HJ HEINZ CO. 58,340 55,528
    4,600 INTEL CORP 100,108 98,141
    400 IBM 68,529 69,948
    900 JOHNSON & JOHNSON 59,072 57,321
    4,600 JP MORGAN CHASE & CO 166,079 156,630
    4,000 MICROSOFT CORP 104,146 99,560
    900 NESTLE 55,215 49,590
    800 OCCIDENTAL PETROLEUM CORP 74,873 57,200
    1,200 PEPSICO 78,841 74,280
    2,900 PFIZER INC. 56,021 51,272
    900 PHILLIP MORRIS 61,741 56,142
    1,100 QUALCOMM 59,094 53,493
    700 SMUCKER JM COMPANY 52,529 51,023
    1,400 TEVA PHARMACEUTICAL 61,087 52,108
    1,000 TOTAL S A 51,202 43,870
    6,500 EATON VANCE SHORT 110,897 104,585
    62,483.77 FRANKLIN INCOME FUND 130,550 123,718
    8,075 FRANKLIN TEMPLETON LTD 111,096 104,894
    15,777.249 IVY FDS INC 130,938 123,851
    8,606.473 LOOMIS SAYLES FDS II 130,884 122,298
    5,750 NFJ DIVIDEND INT & PREM 100,525 84,870

    TY 2010 InvestmentsGovtObligationsSch
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    US Government Securities - End of Year Book Value:

    1,529,785
    US Government Securities - End of Year Fair Market Value:

    1,795,556
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2010 InvestmentsOtherSchedule2
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ANTIQUE AT COST 6,700 6,700
    11,242 GM WARRANTS 7/10/16 AT COST 878,515 112,976
    5,000 EJF DEBT OPPORTUNITIES AT COST 500,000 459,312

    TY 2010 LandEtcSchedule2
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FURNITURE & EQUIP 36,754 36,753 1  
    LEASEHOLD IMPROVE 14,551 10,686 3,865  
    BUILDING IMPROVE 65,506 17,992 47,514  
    LEASEHOLD IMPROVE 16,444 11,102 5,342  
    FURNITURE & EQUIP 1,556 1,555 1  
    FURNITURE & EQUIP 2,862 2,862    
    FURNITURE & EQUIP 2,842 2,842    
    COMPUTERS 1,805 1,805    
    LAPTOP COMPUTER 2,408 2,407 1  
    PRINTER 299 299    
    SERVER 1,410 1,410    
    OFFICE FURNITURE 5,125 4,896 229  
    OFFICE FURNITURE 458 437 21  
    FURNITURE & EQUIP 647 560 87  
    FURNITURE & EQUIP 2,489 2,156 333  
    LAPTOP COMPUTER 2,200 2,072 128  
    SOFTWARE 2,975 2,975    
    MICROEDGE SOFTWARE 3,093 2,663 430  
    COMPUTER 1,128 587 541  
    COMPUTER 715 372 343  
    COMPUTER 1,415 736 679  
    SECURITY SYSTEM 9,709 5,049 4,660  
    COPIER 2,750 1,430 1,320  


    TY 2010 LegalFeesSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GRANT ADMINISTRATION MATTERS 50,402 0 0 50,402


    TY 2010 OtherAssetsSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSITS 10 10 10
    WR HUFF - PURCHASED INTEREST 10,750 8,362 8,362


    TY 2010 OtherExpensesSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 10,366 0 0 10,366
    MISCELLANEOUS 3,027 0 0 3,027
    POSTAGE 632 0 0 632
    SUPPLIES 110 0 0 110
    TELEPHONE 6,860 0 0 6,860
    COMPUTER EXPENSE 9,361 0 0 9,361
    STATE FILING FEE 200 0 0 200
    AMORTIZATION 44,328 44,328 0 0
    BANK SERVICE CHARGES/(REFUND) -28 0 0 -28
    SAFE DEPOSIT BOX 180 0 0 180


    TY 2010 OtherIncreasesSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Description Amount
    AMORTIZATION OF BOND PREMIUM 44,328
    FMV OF STOCK DONATIONS OVER BOOK VALUE 6,218,488


    TY 2010 OtherLiabilitiesSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Description Beginning of Year - Book Value End of Year - Book Value
    EXCISE TAX PAYABLE 6,907 147,844
    PAYROLL TAXES WITHHELD 1,091 2,437


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 73,097 73,097 0 0
    STAFFING FEES 55,600 0 0 55,600


    TY 2010 TaxesSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 15,376 1,864 0 13,512
    EXCISE TAX ON INVESTMENT INCOM 297,079 0 0 0
    FOREIGN WITHHOLDING TAX 24 24 0 0