TY 2011 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation

Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.

OMB No. 1545-0052

2011

For calendar year 2011, or tax year beginning 01-01-2011 , and ending 12-31-2011

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

Amended returnAddress changeName change

Name of foundation
THE SAMUEL EPSTEIN FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)C/O PNC BANK NA PO BOX 94651 Room/suite

City or town, state, and ZIP code
CLEVELAND, OH44101

A Employer identification number

25-6311365

B Telephone number (see page 10 of the instructions)

(800) 622-8036

C If exemption application is pending, check here bullet

D 1. Foreign organizations, check here . bullet

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

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

$4,376,515J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

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

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	109,642		109,642
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		666,057
b	Gross sales price for all assets on line 6a 4,566,796
7	Capital gain net income (from Part IV, line 2)...			666,057
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		742	742
12	Total. Add lines 1 through 11........	776,441		776,441
13	Compensation of officers, directors, trustees, etc.	36,489		18,244		18,244
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........		3,510	0	0	3,510
b	Accounting fees (attach schedule).......		700	0	0	700
c	Other professional fees (attach schedule)....		2,419	2,419		0
17	Interest...............					0
18	Taxes (attach schedule) (see page 14 of the instructions)		2,966	1,255		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		17			17
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	46,101		21,918	0	22,471
25	Contributions, gifts, grants paid........	164,200				164,200
26	Total expenses and disbursements. Add lines 24 and 25	210,301		21,918	0	186,671
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	566,140
b	Net investment income (if negative, enter -0-)			754,523
c	Adjusted net income (if negative, enter -0-)...				0

For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.

Cat. No. 11289X Form 990-PF (2011)

Form 990-PF (2011)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	199,293	197,289	197,289
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see page 15 of the
		instructions)....................
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........	2,459,745	1,493,919	1,449,747
	c	Investments—corporate bonds (attach schedule)........	1,372,140	2,908,030	2,729,479
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........			0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	4,031,178	4,599,238	4,376,515
	17	Accounts payable and accrued expenses..........
	18	Grants payable...................
	19	Deferred revenue..................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	4,031,178	4,599,238
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	4,031,178	4,599,238
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	4,031,178	4,599,238

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	4,031,178
2	Enter amount from Part I, line 27a.....................	2	566,140
3	Other increases not included in line 2 (itemize)	3	4,456
4	Add lines 1, 2, and 3..........................	4	4,601,774
5	Decreases not included in line 2 (itemize)	5	2,536
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	4,599,238

Form 990-PF (2011)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	160. AT&T INC		2008-07-25	2011-04-20
b	140. AMAZON.COM INC COM		2010-03-18	2011-04-20
c	10. AMERICAN ELEC PWR INC COM		2010-10-06	2011-04-20
d	610. AMERICAN ELEC PWR INC COM		2009-12-09	2011-04-20
e	10. AMERISOURCEBERGEN CORP COM		2010-10-06	2011-04-20
	10. AMGEN INC COM		2010-10-06	2011-04-20
	220. AMGEN INC COM		2008-12-05	2011-04-20
	220. APACHE CORP COM		2008-08-19	2011-04-20
	10. APPLE COMPUTER INC COM		2010-10-06	2011-04-20
	30. BANK OF AMER CORP COM		2010-03-18	2011-04-20
	20. BROADCOM CORP CL A		2010-10-06	2011-04-20
	600. BROADCOM CORP CL A		2009-06-24	2011-04-20
	10. CAPITAL ONE FINANCIAL CORP COM		2010-01-14	2011-04-20
	10. CELANESE CORP-SERIES A		2010-10-06	2011-04-20
	10. CENTURYTEL INC COM		2010-10-06	2011-04-20
	10. CHEVRONTEXACO CORP COM		2010-10-06	2011-04-20
	1180. CISCO SYS INC COM		2006-01-20	2011-04-20
	40. CISCO SYS INC COM		2010-10-06	2011-04-20
	100. CITIGROUP INC COM		2010-10-06	2011-04-20
	600. COACH INC COM		2009-08-07	2011-04-20
	20. COACH INC COM		2010-10-06	2011-04-20
	10. CUMMINS ENGINE INC COM		2010-01-14	2011-04-20
	340. DOLBY LABORATORIES INC CLASS A		2010-01-14	2011-04-20
	10. DOLLAR TREE INC		2010-10-06	2011-04-20
	10. DOVER CORP COM		2010-10-06	2011-04-20
	20. EMC CORPORATION		2010-10-06	2011-04-20
	350. EMERSON ELEC CO COM		2010-03-18	2011-04-20
	10. EMERSON ELEC CO COM		2010-10-06	2011-04-20
	1000. FORD MTR CO DEL COM PAR $0.01		2010-05-07	2011-04-20
	1390. FORD MTR CO DEL COM PAR $0.01		2010-01-14	2011-04-20
	40. GENERAL ELEC CO COM		2010-03-18	2011-04-20
	30. GENERAL MILLS INC COM		2010-10-06	2011-04-20
	800. GENERAL MILLS INC COM		2009-06-01	2011-04-20
	10. HERSHEY FOODS CORP COM		2010-06-16	2011-04-20
	10. HEWLETT PACKARD CO COM		2010-06-16	2011-04-20
	20. INTEL CORP COM		2008-07-16	2011-04-20
	20. J P MORGAN CHASE & CO COM		2010-10-06	2011-04-20
	10. JOHNSON & JOHNSON COM		2010-10-06	2011-04-20
	10. LIMITED INC COM		2010-10-06	2011-04-20
	20. MATTEL INC COM		2010-10-06	2011-04-20
	10. MERCK & CO INC		2010-01-14	2011-04-20
	350. METLIFE INC COM		2009-09-22	2011-04-20
	10. METLIFE INC COM		2010-10-06	2011-04-20
	20. MICROSOFT CORP COM		2010-10-06	2011-04-20
	140. NATIONAL OIL-WELL INC COM		2010-10-06	2011-04-20
	20. ORACLE CORP COM		2010-10-06	2011-04-20
	10. PPG INDS INC COM		2010-10-06	2011-04-20
	10. PEPSICO INC COM		2010-10-06	2011-04-20
	520. PEPSICO INC COM		2000-06-08	2011-04-20
	40. PFIZER INC COM		2010-01-14	2011-04-20
	10. PROCTER & GAMBLE CO COM		2010-02-04	2011-04-20
	10. SMUCKER J M CO COM NEW		2010-01-14	2011-04-20
	10. 3M COMPANY COM		2010-10-06	2011-04-20
	320. 3M COMPANY COM		2009-08-07	2011-04-20
	10. UNION PAC CORP COM		2010-10-06	2011-04-20
	10. UNITED TECHNOLOGIES CORP COM		2010-10-06	2011-04-20
	10. UNITEDHEALTH GROUP INC COM		2010-10-06	2011-04-20
	10. VIACOM INC		2010-10-06	2011-04-20
	10. WAL MART STORES INC COM		2010-10-06	2011-04-20
	20. WELLS FARGO & CO NEW COM		2010-03-18	2011-04-20
	20. WISCONSIN ENERGY CORP COM		2010-10-06	2011-04-20
	10. COOPER INDUSTRIES PLC SEDOL B40K911 ISIN IE00B40K9117		2010-10-06	2011-04-20
	220. CORE LABORATORIES N V COM		2010-06-16	2011-04-20
	75000. FEDERAL HOME LOAN MTG CORP MULTICLASS MTG PARTN CTF GTD		2006-04-21	2011-05-13
	75000. FEDERAL NATL MTG ASSN NT DTD 11-23-01 5.375% DUE 11-15-11		2006-04-21	2011-05-13
	230. AT&T INC		2008-07-25	2011-05-16
	19. AT&T INC		2010-10-06	2011-05-16
	304. ALLERGAN INC COM		2010-03-18	2011-05-16
	10. ALLERGAN INC COM		2010-10-06	2011-05-16
	104. AMERICAN EXPRESS CO COM		2009-11-24	2011-05-16
	820. AMERISOURCEBERGEN CORP COM		2010-02-04	2011-05-16
	10. AMERISOURCEBERGEN CORP COM		2010-10-06	2011-05-16
	398. AMERIPRISE FINANCIAL INC		2010-01-14	2011-05-16
	10. AMERIPRISE FINANCIAL INC		2010-10-06	2011-05-16
	110. AMERIPRISE FINANCIAL INC		2011-04-20	2011-05-16
	188. APPLE COMPUTER INC COM		2009-06-01	2011-05-16
	2715.456 ARTISAN SMALL CAP VALUE FD 963		2010-06-07	2011-05-16
	11637.897 ARTISAN MID CAP VALUE FUND FD 1464		2010-06-07	2011-05-16
	320. BAKER HUGHES INC COM		2011-04-20	2011-05-16
	291. BANK OF AMER CORP COM		2010-03-18	2011-05-16
	1982.782 BARON ASSET FD SMALL CAP FD		2010-06-07	2011-05-16
	274. BORG WARNER AUTO COM		2011-04-20	2011-05-16
	590. CAPITAL ONE FINANCIAL CORP COM		2010-01-14	2011-05-16
	20. CAPITAL ONE FINANCIAL CORP COM		2010-10-06	2011-05-16
	160. CELANESE CORP-SERIES A		2010-06-16	2011-05-16
	560. CELANESE CORP-SERIES A		2009-06-01	2011-05-16
	540. CENTURYTEL INC COM		2010-06-01	2011-05-16
	487. CHEVRONTEXACO CORP COM		2010-10-06	2011-05-16
	100. CHUBB CORP COM		2011-04-20	2011-05-16
	20. CHUBB CORP COM		2010-10-06	2011-05-16
	350. CHUBB CORP COM		2009-08-07	2011-05-16
	10. CITIGROUP INC		2010-10-06	2011-05-16
	384. CITIGROUP INC		2010-05-07	2011-05-16
	90. COCA COLA CO COM		2011-04-20	2011-05-16
	350. COCA COLA CO COM		2010-10-06	2011-05-16
	210. CUMMINS ENGINE INC COM		2010-01-14	2011-05-16
	253. DEERE & CO COM		2011-04-20	2011-05-16
	275. DISNEY WALT CO COM		2011-04-20	2011-05-16
	465. DOLLAR TREE INC		2010-01-14	2011-05-16
	5. DOLLAR TREE INC		2010-10-06	2011-05-16
	510. DOVER CORP COM		2010-10-06	2011-05-16
	273. DU PONT E I DE NEMOURS & CO COM		2010-10-06	2011-05-16
	120. DU PONT E I DE NEMOURS & CO COM		2011-04-20	2011-05-16
	20. EMC CORPORATION		2010-10-06	2011-05-16
	979. EMC CORPORATION		2009-12-09	2011-05-16
	530. EATON CORP COM		2011-04-20	2011-05-16
	660. EBAY INC COM		2011-04-20	2011-05-16
	370. EQUITY RESIDENTIAL PPTYS TR SBI		2010-06-01	2011-05-16
	479. EXXON MOBIL CORP COM		2009-06-24	2011-05-16
	150. EXXON MOBIL CORP COM		2011-04-20	2011-05-16
	19700.638 FIDELITY ADVISOR FLOATING HIGH INCOME FUND I		2010-06-07	2011-05-16
	5224.663 FIDELITY ADVISOR FLOATING HIGH INCOME FUND I		2010-03-18	2011-05-16
	1068. GENERAL ELEC CO COM		2010-03-18	2011-05-16
	50. GOOGLE INC CL A		2008-02-08	2011-05-16
	2696.659 HARBOR FD INTL FD		2010-06-07	2011-05-16
	1882.438 HARDING LOEVNER EMERGING MARKETS PORTOFLIO FUND		2008-03-27	2011-05-16
	630. HERSHEY FOODS CORP COM		2010-06-01	2011-05-16
	46. HESS CORPORATION		2011-04-20	2011-05-16
	450. HEWLETT PACKARD CO COM		2010-06-16	2011-05-16
	747. INTEL CORP COM		2008-07-16	2011-05-16
	82. INTERNATIONAL BUSINESS MACHS CORP COM		2009-06-01	2011-05-16
	415. J P MORGAN CHASE & CO COM		2009-06-01	2011-05-16
	20. J P MORGAN CHASE & CO COM		2010-10-06	2011-05-16
	249. LAUDER ESTEE COS INC CL A		2011-04-20	2011-05-16
	930. LIMITED INC COM		2010-06-01	2011-05-16
	1080. MATTEL INC COM		2010-06-01	2011-05-16
	234. MERCK & CO INC		2010-01-14	2011-05-16
	20. MICROSOFT CORP COM		2010-10-06	2011-05-16
	1440. MICROSOFT CORP COM		1996-06-17	2011-05-16
	670. NATIONAL OIL-WELL INC COM		2010-10-06	2011-05-16
	580. NORTHEAST UTILS COM		2011-04-20	2011-05-16
	300. ORACLE CORP COM		2005-01-05	2011-05-16
	20. ORACLE CORP COM		2010-10-06	2011-05-16
	150. PPG INDS INC COM		2010-03-18	2011-05-16
	360. PFIZER INC COM		2010-01-14	2011-05-16
	430. PFIZER INC COM		2010-10-06	2011-05-16
	20. PRICE T ROWE GROUP INC COM		2010-10-06	2011-05-16
	350. PRICE T ROWE GROUP INC COM		2009-08-07	2011-05-16
	90. PRICE T ROWE GROUP INC COM		2011-04-20	2011-05-16
	20. PROCTER & GAMBLE CO COM		2010-10-06	2011-05-16
	620. PROCTER & GAMBLE CO COM		2009-09-22	2011-05-16
	19315.613 PRUDENTIAL JENNISON 20/20 FOCUS FUND 451		2010-06-07	2011-05-16
	390. QUALCOMM INC COM		2011-04-20	2011-05-16
	6015.623 RS EMERGING MARKETS FUND CLASS A FUND 126		2010-06-07	2011-05-16
	201. SHIRE PHARMACEUTICAL GROUP SPONSORED ADR		2010-03-18	2011-05-16
	10. SHIRE PHARMACEUTICAL GROUP SPONSORED ADR		2010-10-06	2011-05-16
	80. SHIRE PHARMACEUTICAL GROUP SPONSORED ADR		2011-04-20	2011-05-16
	10. SMUCKER J M CO COM NEW		2010-10-06	2011-05-16
	370. SMUCKER J M CO COM NEW		2010-01-14	2011-05-16
	190. STARBUCKS CORP COM		2011-04-20	2011-05-16
	540. STARBUCKS CORP COM		2010-06-01	2011-05-16
	610. TEXAS INSTRS INC COM		2011-04-20	2011-05-16
	430. TIFFANY & CO NEW COM		2011-04-20	2011-05-16
	183. UNION PAC CORP COM		2010-05-07	2011-05-16
	10. UNITED TECHNOLOGIES CORP COM		2010-10-06	2011-05-16
	71. UNITED TECHNOLOGIES CORP COM		2009-06-01	2011-05-16
	578. UNITEDHEALTH GROUP INC COM		2010-03-18	2011-05-16
	20. UNITEDHEALTH GROUP INC COM		2010-10-06	2011-05-16
	500. VANGUARD TOTAL BOND MARKET ETF		2009-03-26	2011-05-16
	1792. VANGUARD TOTAL BOND MARKET ETF		2010-06-07	2011-05-16
	546. VIACOM INC		2009-06-29	2011-05-16
	10. VIACOM INC		2010-10-06	2011-05-16
	10. WAL MART STORES INC COM		2010-10-06	2011-05-16
	370. WAL MART STORES INC COM		2007-12-27	2011-05-16
	570. WALGREEN CO COM		2011-04-20	2011-05-16
	715. WELLS FARGO & CO NEW COM		2009-08-07	2011-05-16
	20. WISCONSIN ENERGY CORP COM		2010-10-06	2011-05-16
	1020. WISCONSIN ENERGY CORP COM		2009-06-24	2011-05-16
	430. COOPER INDUSTRIES PLC SEDOL B40K911 ISIN IE00B40K9117		2010-01-14	2011-05-16
	160. COOPER INDUSTRIES PLC SEDOL B40K911 ISIN IE00B40K9117		2010-10-06	2011-05-16
	130. COVIDIEN PLC ISIN IE00B68SQD29 SEDOL B68SQD2		2011-04-20	2011-05-16
	444. COVIDIEN PLC ISIN IE00B68SQD29 SEDOL B68SQD2		2010-01-14	2011-05-16
	22375.215 VANGUARD FIXED INCOME SECS FD INC INTER TERM US TREAS PORTFO		2010-07-15	2011-05-17
	2069.536 VANGUARD INFLATION-PROTECTED SECURITIES FD #119		2009-08-07	2011-05-17
	92. AON CORP COM		2011-05-16	2011-05-19
	24. BROADCOM CORP CL A		2011-05-16	2011-05-19
	5. QUALCOMM INC COM		2011-04-20	2011-05-19
	49. UNITED PARCEL SERVICE INC CL B		2011-05-16	2011-05-19
	12. SCHLUMBERGER LTD COM		2011-05-16	2011-05-25
	11. SCHLUMBERGER LTD COM		2011-05-16	2011-05-25
	61. QUALCOMM INC COM		2011-04-20	2011-05-26
	85. ST JUDE MEDICAL INC COM		2011-05-16	2011-06-01
	76. CHARLES SCHWAB CORP NEW		2011-05-16	2011-06-07
	128. BANK NEW YORK MELLON CORP COM		2011-05-16	2011-06-08
	46. HESS CORPORATION		2011-04-20	2011-06-08
	16. ALTERA CORP COM		2011-05-16	2011-06-09
	14. ALTERA CORP COM		2011-05-16	2011-06-10
	1. INTERNATIONAL BUSINESS MACHS CORP COM		2009-06-01	2011-06-13
	5. INTERNATIONAL BUSINESS MACHS CORP COM		2011-05-19	2011-06-13
	42. CHARLES SCHWAB CORP NEW		2011-05-16	2011-06-13
	7. INTERNATIONAL BUSINESS MACHS CORP COM		2009-06-01	2011-06-14
	23. EXPEDITORS INTL WASH INC COM		2011-05-16	2011-06-15
	36. HESS CORPORATION		2011-04-20	2011-06-15
	21. BED BATH & BEYOND INC COM		2011-05-16	2011-06-16
	17. BED BATH & BEYOND INC COM		2011-05-16	2011-06-17
	24. EXPEDITORS INTL WASH INC COM		2011-05-16	2011-06-17
	103. ABBOTT LABS COM		2011-05-16	2011-06-20
	34. AIR PRODS & CHEM INC COM		2011-05-16	2011-06-20
	12. AVALONBAY CMNTYS INC COM		2011-05-16	2011-06-20
	7. EXXON MOBIL CORP COM		2011-05-19	2011-06-20
	10. EXXON MOBIL CORP COM		2009-06-24	2011-06-20
	22. GENERAL DYNAMICS CORP COM		2011-05-16	2011-06-20
	219. KEYCORP NEW COM		2011-05-16	2011-06-20
	36. MERCK & CO INC		2010-01-14	2011-06-20
	18. NESTLE S A SPONSORED ADR REPSTG REG SH		2011-05-16	2011-06-20
	19. WAL MART STORES INC COM		2007-12-27	2011-06-20
	7. WAL MART STORES INC COM		2011-05-19	2011-06-20
	75. WASTE MANAGEMENT INC NEW COM		2011-05-16	2011-06-20
	24. GREEN DOT CORP CLASS A		2011-05-16	2011-06-22
	28. GREEN DOT CORP CLASS A		2011-05-16	2011-06-22
	34. THE TRAVELERS COS INC		2011-05-16	2011-06-22
	17. INGERSOLL-RAND PLC SEDOL: B633030		2011-05-16	2011-06-27
	14. INGERSOLL-RAND PLC SEDOL: B633030		2011-05-16	2011-06-29
	27. INGERSOLL-RAND PLC SEDOL: B633030		2011-05-16	2011-06-30
	8176.043 DODGE & COX INCOME FD COM		2011-05-16	2011-07-05
	10292.144 PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD INSTL CL		2010-06-07	2011-07-05
	41. PFIZER INC COM		2011-05-19	2011-07-06
	14. PFIZER INC COM		2010-10-06	2011-07-06
	43. ACCENTURE PLC CLASS A ISIN IE00B4BNMY34 SEDOL B4BNMY3		2011-05-16	2011-07-06
	90. PFIZER INC COM		2010-10-06	2011-07-08
	20. ALTERA CORP COM		2011-05-16	2011-07-13
	47. DISNEY WALT CO COM		2011-04-20	2011-07-14
	37. ACCENTURE PLC CLASS A ISIN IE00B4BNMY34 SEDOL B4BNMY3		2011-05-16	2011-07-14
	123. PFIZER INC COM		2010-10-06	2011-07-15
	25. INGERSOLL-RAND PLC SEDOL: B633030		2011-05-16	2011-07-21
	26. DISNEY WALT CO COM		2011-04-20	2011-07-26
	118. DISNEY WALT CO COM		2011-04-20	2011-07-27
	51. OCCIDENTAL PETE CORP COM		2011-06-08	2011-07-27
	18. BURBERRY GROUP PLC SPONSORED ADR		2011-05-16	2011-07-29
	1. CHIPOTLE MEXICAN GRIL CL A		2011-05-16	2011-07-29
	58. EMC CORPORATION		2011-05-19	2011-07-29
	49. JUNIPER NETWORKS INC COM		2011-05-16	2011-07-29
	30. MARRIOTT INTL INC NEW CL A		2011-05-16	2011-07-29
	30. MARRIOTT INTL INC NEW CL A		2011-05-16	2011-07-29
	9. POLO RALPH LAUREN CORP CL A		2011-05-16	2011-07-29
	29. INGERSOLL-RAND PLC SEDOL: B633030		2011-05-16	2011-07-29
	32. INGERSOLL-RAND PLC SEDOL: B633030		2011-05-16	2011-07-29
	23. OCCIDENTAL PETE CORP COM		2011-05-16	2011-08-02
	66. REYNOLDS AMERICAN INC		2011-05-16	2011-08-03
	38. SUCCESSFACTORS INC		2011-05-16	2011-08-03
	35. MARRIOTT INTL INC NEW CL A		2011-05-16	2011-08-04
	39. MARRIOTT INTL INC NEW CL A		2011-05-16	2011-08-04
	12. OCCIDENTAL PETE CORP COM		2011-05-16	2011-08-04
	12. OCCIDENTAL PETE CORP COM		2011-05-16	2011-08-04
	18. VALEANT PHARMACEUTICALS INTE ISIN CA91911K1021 SEDOL B41NYV4		2011-07-29	2011-08-05
	70. ALPHA NATURAL RESOURCES INC		2011-05-16	2011-08-09
	243. CITIGROUP INC		2010-05-07	2011-08-09
	10. CITIGROUP INC		2011-05-19	2011-08-09
	9. INTERNATIONAL BUSINESS MACHS CORP COM		2011-06-20	2011-08-09
	12. MCDONALDS CORP COM		2011-07-25	2011-08-09
	42. WAL MART STORES INC COM		2007-12-27	2011-08-09
	30. ACCENTURE PLC CLASS A ISIN IE00B4BNMY34 SEDOL B4BNMY3		2011-05-16	2011-08-09
	7. BURBERRY GROUP PLC SPONSORED ADR		2011-05-16	2011-08-10
	25. DISNEY WALT CO COM		2011-04-20	2011-08-10
	10. INTERNATIONAL BUSINESS MACHS CORP COM		2011-08-10	2011-08-10
	22. PHILIP MORRIS INTERNAT-W/I		2011-05-16	2011-08-10
	54. QUEST DIAGNOSTICS INC COM		2011-05-16	2011-08-10
	124. ATMEL CORP COM		2011-05-16	2011-08-11
	20. MCDONALDS CORP COM		2011-07-18	2011-08-11
	12. COACH INC COM		2011-05-16	2011-08-12
	155. CHARLES SCHWAB CORP NEW		2011-05-16	2011-08-12
	62. BURBERRY GROUP PLC SPONSORED ADR		2011-05-16	2011-08-17
	49. QUEST DIAGNOSTICS INC COM		2011-05-16	2011-08-17
	23. MCDONALDS CORP COM		2011-07-18	2011-08-24
	10. APACHE CORP COM		2008-09-30	2011-08-31
	15. APACHE CORP COM		2011-05-16	2011-08-31
	20. GOLDMAN SACHS GROUP INC COM		2011-05-16	2011-08-31
	107. URBAN OUTFITTERS INC		2011-05-16	2011-09-07
	47. AT&T INC		2011-05-19	2011-09-08
	6. INTEL CORP COM		2011-05-19	2011-09-08
	39. INTEL CORP COM		2008-07-16	2011-09-08
	12. VMWARE INC CLASS A		2011-05-16	2011-09-09
	54. B A S F A G SPONSORED ADR		2011-05-16	2011-09-12
	94. HSBC HLDGS PLC SPONS ADR NEW		2011-05-16	2011-09-12
	194. LINCOLN NATIONAL CORP IND COM		2011-05-16	2011-09-12
	13. INTERNATIONAL BUSINESS MACHS CORP COM		2011-06-20	2011-09-14
	22. MCDONALDS CORP COM		2011-06-28	2011-09-14
	3. MASTERCARD INC CL A		2011-07-07	2011-09-20
	22. SCHLUMBERGER LTD COM		2011-05-16	2011-09-20
	18. RED HAT INC COM		2011-05-16	2011-09-22
	9. SCHLUMBERGER LTD COM		2011-05-16	2011-09-22
	13. BORG WARNER AUTO COM		2011-04-20	2011-09-23
	12. DEERE & CO COM		2011-04-20	2011-09-23
	5. DU PONT E I DE NEMOURS & CO COM		2011-05-19	2011-09-23
	17. DU PONT E I DE NEMOURS & CO COM		2010-10-06	2011-09-23
	9. DEERE & CO COM		2011-04-20	2011-09-26
	23. DU PONT E I DE NEMOURS & CO COM		2010-10-06	2011-09-26
	24. MCDONALDS CORP COM		2011-05-16	2011-09-28
	55. PG&E CORP COM		2011-05-16	2011-09-28
	3. GOOGLE INC CL A		2008-02-08	2011-10-03
	21. SCHLUMBERGER LTD COM		2011-05-16	2011-10-03
	23. RED HAT INC COM		2011-05-16	2011-10-04
	10. SCHLUMBERGER LTD COM		2011-05-16	2011-10-04
	5. MASTERCARD INC CL A		2011-07-07	2011-10-12
	25. MCDONALDS CORP COM		2011-05-16	2011-10-12
	5. AMAZON.COM INC COM		2011-05-19	2011-10-19
	3. CHIPOTLE MEXICAN GRIL CL A		2011-05-16	2011-10-20
	26. GREEN MTN COFFEE ROASTERS INC		2011-07-21	2011-10-20
	32. GREEN MTN COFFEE ROASTERS INC		2011-06-20	2011-10-20
	44. JUNIPER NETWORKS INC COM		2011-05-16	2011-10-21
	33. JUNIPER NETWORKS INC COM		2011-05-16	2011-10-21
	37. AMERIPRISE FINANCIAL INC		2011-08-09	2011-10-24
	52. AMERIPRISE FINANCIAL INC		2010-01-14	2011-10-24
	556. BANK OF AMER CORP COM		2010-03-18	2011-10-24
	116. ILLINOIS TOOL WORKS INC COM		2011-05-16	2011-10-24
	47. NORTHROP GRUMMAN CORP COM		2011-05-16	2011-10-24
	137. SUNTRUST BANKS INC COM		2011-05-16	2011-10-24
	47. APACHE CORP COM		2008-09-30	2011-10-25
	103. COMCAST CORP NEW CL A		2011-05-16	2011-10-25
	33. CONOCOPHILLIPS		2011-05-16	2011-10-25
	56. HESS CORPORATION		2011-04-20	2011-10-25
	37. MCDONALDS CORP COM		2011-05-16	2011-10-25
	17. OCCIDENTAL PETE CORP COM		2011-05-16	2011-10-25
	33. PEABODY ENERGY CORP COM		2011-05-16	2011-10-25
	22. PEPSICO INC COM		2011-05-16	2011-10-25
	21. TARGET CORP		2011-05-16	2011-10-25
	203. US BANCORP DEL COM NEW		2011-05-16	2011-10-25
	10. MASTERCARD INC CL A		2011-05-16	2011-11-02
	14. DEERE & CO COM		2011-04-20	2011-11-07
	12. DEERE & CO COM		2011-04-20	2011-11-08
	13. DEERE & CO COM		2011-04-20	2011-11-08
	5. DEERE & CO COM		2011-05-19	2011-11-09
	7. DEERE & CO COM		2011-04-20	2011-11-09
	10. AMERICAN EXPRESS CO COM		2011-05-19	2011-11-16
	6. INTERNATIONAL BUSINESS MACHS CORP COM		2011-08-10	2011-11-16
	1. INTERNATIONAL BUSINESS MACHS CORP COM		2009-06-01	2011-11-16
	50. PG&E CORP COM		2011-05-16	2011-11-16
	6. PRUDENTIAL FINANCIAL INC COM		2011-05-19	2011-11-16
	35. PRUDENTIAL FINANCIAL INC COM		2011-05-16	2011-11-16
	34. STANLEY BLACK & DECKER INC		2011-05-16	2011-11-16
	11. AMERICAN EXPRESS CO COM		2011-10-24	2011-11-17
	11. EXPRESS SCRIPTS INC		2011-05-16	2011-11-17
	5. EXPRESS SCRIPTS INC		2011-05-19	2011-11-17
	7. INTERNATIONAL BUSINESS MACHS CORP COM		2009-06-01	2011-11-18
	39. EMC CORPORATION		2011-06-14	2011-11-22
	31. EXPRESS SCRIPTS INC		2011-05-16	2011-11-22
	21. EXPRESS SCRIPTS INC		2011-05-16	2011-11-23
	16. AMERICAN TOWER SYS CORP CL A		2011-10-03	2011-11-28
	4. AMERICAN TOWER SYS CORP CL A		2011-05-16	2011-12-05
	10. AMERICAN TOWER SYS CORP CL A		2011-10-03	2011-12-05
	45. DISNEY WALT CO COM		2011-04-20	2011-12-05
	7. INTERNATIONAL BUSINESS MACHS CORP COM		2009-06-01	2011-12-05
	9. JOHNSON & JOHNSON COM		2011-06-20	2011-12-05
	12. MCDONALDS CORP COM		2011-05-16	2011-12-05
	48. ORACLE CORP COM		2011-05-19	2011-12-05
	13. ORACLE CORP COM		2011-05-19	2011-12-06
	22. ORACLE CORP COM		2011-06-29	2011-12-06
	28. ORACLE CORP COM		2011-06-29	2011-12-07
	14. DU PONT E I DE NEMOURS & CO COM		2010-10-06	2011-12-13
	16. JOHNSON & JOHNSON COM		2011-06-20	2011-12-13
	11. UNITED TECHNOLOGIES CORP COM		2011-05-19	2011-12-13
	19. APACHE CORP COM		2008-09-30	2011-12-14
	4. CHIPOTLE MEXICAN GRIL CL A		2011-05-16	2011-12-14
	26. CONOCOPHILLIPS		2011-05-16	2011-12-14
	10. DU PONT E I DE NEMOURS & CO COM		2010-10-06	2011-12-14
	145. FIFTH THIRD BANCORP COM		2011-05-16	2011-12-14
	30. GOLDMAN SACHS GROUP INC COM		2011-05-16	2011-12-14
	46. MCDONALDS CORP COM		2011-05-16	2011-12-14
	23. NESTLE S A SPONSORED ADR REPSTG REG SH		2011-05-16	2011-12-14
	5. PPG INDS INC COM		2011-05-19	2011-12-14
	22. PPG INDS INC COM		2011-08-09	2011-12-14
	21. PEPSICO INC COM		2011-05-16	2011-12-14
	39. PRUDENTIAL FINANCIAL INC COM		2011-05-16	2011-12-14
	34. TARGET CORP		2011-11-02	2011-12-14
	52. WAL MART STORES INC COM		2007-12-27	2011-12-14
	9. ACE LIMITED ISIN CH0044328745 SEDOL B3BQMF6		2011-05-19	2011-12-14
	63. TYCO INTERNATIONAL LTD SEDOL: B64GC98		2011-11-16	2011-12-14
	20. AMERICAN TOWER SYS CORP CL A		2011-05-16	2011-12-16
	21. COGNIZANT TECHNOLOGY SOLUTION CL A		2011-05-16	2011-12-16
	10. INTERNATIONAL BUSINESS MACHS CORP COM		2009-06-01	2011-12-16
	6. COSTCO WHSL CORP NEW COM		2011-09-16	2011-12-19
	26. DISNEY WALT CO COM		2011-04-20	2011-12-19
	33. DU PONT E I DE NEMOURS & CO COM		2010-10-06	2011-12-19
	38. ARCOS DORADOS HOLDINGS INC A ISIN VGG0457F1071 SEDOL B529PQ0		2011-10-21	2011-12-19
	16. RALPH LAUREN CORP		2011-05-16	2011-12-20
	66. ARCOS DORADOS HOLDINGS INC A ISIN VGG0457F1071 SEDOL B529PQ0		2011-10-21	2011-12-20
	58. AVAGO TECHNOLOGIES LTD SEDOL B3WS2X9		2011-05-16	2011-12-20
	10. INTERNATIONAL BUSINESS MACHS CORP COM		2009-06-01	2011-12-21
	16. PHILIP MORRIS INTERNAT-W/I		2011-05-16	2011-12-21
	13. LAUDER ESTEE COS INC CL A		2011-04-20	2011-12-22
	4. MASTERCARD INC CL A		2011-05-16	2011-12-22
	23. WHOLE FOOD MT INC COM		2011-05-16	2011-12-23
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	4,829	5,074	-245
b	25,764	18,580	7,184
c	355	362	-7
d	21,643	21,100	543
e	405	313	92
	556	555	1
	12,236	12,338	-102
	27,297	23,446	3,851
	3,447	2,889	558
	366	514	-148
	786	700	86
	23,568	14,572	8,996
	505	418	87
	476	334	142
	396	403	-7
	1,077	840	237
	19,954	22,281	-2,327
	676	896	-220
	451	418	33
	34,156	18,233	15,923
	1,139	862	277
	1,079	531	548
	16,238	17,364	-1,126
	572	491	81
	668	541	127
	557	402	155
	20,307	17,160	3,147
	580	538	42
	15,020	13,361	1,659
	20,878	16,207	4,671
	814	730	84
	1,139	1,111	28
	30,367	21,895	8,472
	566	493	73
	411	473	-62
	422	422
	879	800	79
	644	626	18
	392	277	115
	535	475	60
	340	398	-58
	15,417	13,793	1,624
	440	394	46
	515	487	28
	10,930	6,500	4,430
	679	556	123
	936	747	189
	673	678	-5
	34,985	23,517	11,468
	817	775	42
	637	620	17
	741	622	119
	937	897	40
	29,987	23,468	6,519
	953	830	123
	859	729	130
	443	343	100
	476	364	112
	537	544	-7
	571	606	-35
	598	581	17
	665	496	169
	21,293	16,510	4,783
	79,193	74,355	4,838
	76,946	75,305	1,641
	7,160	7,294	-134
	591	547	44
	24,894	19,360	5,534
	819	667	152
	5,230	4,320	910
	34,678	22,765	11,913
	423	313	110
	24,723	16,698	8,025
	621	500	121
	6,833	6,800	33
	62,813	26,280	36,533
	49,041	37,772	11,269
	261,853	201,452	60,401
	22,012	23,648	-1,636
	3,472	4,985	-1,513
	51,433	37,772	13,661
	20,133	20,457	-324
	31,642	24,610	7,032
	1,073	809	264
	8,027	4,591	3,436
	28,095	12,289	15,806
	22,896	18,746	4,150
	49,631	40,908	8,723
	6,496	6,130	366
	1,299	1,122	177
	22,737	16,867	5,870
	413	418	-5
	15,863	15,504	359
	6,108	6,121	-13
	23,754	20,839	2,915
	23,245	11,156	12,089
	22,337	23,724	-1,387
	11,283	11,564	-281
	28,123	15,304	12,819
	302	245	57
	32,543	27,611	4,932
	14,521	12,531	1,990
	6,383	6,639	-256
	547	402	145
	26,795	16,535	10,260
	27,422	28,318	-896
	21,450	20,869	581
	22,011	16,596	5,415
	38,573	33,314	5,259
	12,079	12,825	-746
	194,642	185,186	9,456
	51,620	50,000	1,620
	21,167	19,480	1,687
	26,012	25,771	241
	171,669	125,907	45,762
	94,273	74,882	19,391
	35,966	30,240	5,726
	3,451	3,705	-254
	17,941	21,221	-3,280
	17,666	15,778	1,888
	13,840	8,894	4,946
	17,865	15,224	2,641
	861	800	61
	24,997	23,565	1,432
	38,669	23,441	15,228
	28,574	23,478	5,096
	8,751	9,309	-558
	493	487	6
	35,481	11,220	24,261
	45,063	31,105	13,958
	20,804	19,825	979
	10,236	3,972	6,264
	682	556	126
	13,332	9,730	3,602
	7,546	6,977	569
	9,013	7,473	1,540
	1,240	1,033	207
	21,700	16,944	4,756
	5,580	5,994	-414
	1,343	1,220	123
	41,620	35,868	5,752
	333,194	259,795	73,399
	22,156	21,385	771
	152,616	125,907	26,709
	18,872	13,457	5,415
	939	680	259
	7,511	7,379	132
	753	616	137
	27,854	22,899	4,955
	6,701	7,020	-319
	19,046	13,920	5,126
	21,313	21,412	-99
	29,601	28,125	1,476
	18,508	13,004	5,504
	890	729	161
	6,316	3,917	2,399
	29,050	19,409	9,641
	1,005	686	319
	40,668	38,373	2,295
	145,755	144,113	1,642
	27,010	12,696	14,314
	495	364	131
	560	544	16
	20,705	17,823	2,882
	25,661	24,212	1,449
	20,013	21,064	-1,051
	631	581	50
	32,192	20,590	11,602
	26,824	18,578	8,246
	9,981	7,930	2,051
	7,259	6,980	279
	24,793	21,858	2,935
	257,539	260,000	-2,461
	27,856	25,000	2,856
	4,833	4,901	-68
	810	802	8
	287	274	13
	3,636	3,627	9
	1,010	999	11
	930	905	25
	3,483	3,345	138
	4,227	4,404	-177
	1,224	1,334	-110
	3,355	3,635	-280
	3,385	3,705	-320
	709	759	-50
	612	663	-51
	163	108	55
	814	853	-39
	671	737	-66
	1,149	759	390
	1,078	1,211	-133
	2,588	2,900	-312
	1,106	1,151	-45
	898	931	-33
	1,146	1,264	-118
	5,354	5,573	-219
	3,098	3,109	-11
	1,582	1,528	54
	558	575	-17
	797	695	102
	1,601	1,639	-38
	1,791	1,864	-73
	1,286	1,432	-146
	1,122	1,117	5
	1,007	915	92
	371	389	-18
	2,793	2,912	-119
	795	931	-136
	923	1,086	-163
	1,979	2,143	-164
	740	850	-110
	616	699	-83
	1,228	1,348	-120
	109,559	110,476	-917
	113,317	114,757	-1,440
	853	863	-10
	291	243	48
	2,663	2,425	238
	1,809	1,564	245
	879	947	-68
	1,860	1,976	-116
	2,256	2,085	171
	2,417	2,138	279
	1,025	1,248	-223
	1,053	1,093	-40
	4,704	4,962	-258
	5,145	5,261	-116
	872	807	65
	326	274	52
	1,517	1,614	-97
	1,150	1,929	-779
	951	1,087	-136
	970	1,081	-111
	1,218	1,194	24
	1,070	1,447	-377
	1,196	1,580	-384
	2,195	2,335	-140
	2,293	2,561	-268
	1,086	1,237	-151
	1,048	1,261	-213
	1,156	1,406	-250
	1,080	1,217	-137
	1,072	1,217	-145
	698	975	-277
	1,976	3,383	-1,407
	7,268	9,811	-2,543
	299	414	-115
	1,497	1,486	11
	1,016	1,059	-43
	2,094	2,023	71
	1,602	1,690	-88
	299	314	-15
	793	1,051	-258
	1,652	1,655	-3
	1,447	1,520	-73
	2,510	3,106	-596
	1,253	1,810	-557
	1,734	1,737	-3
	644	717	-73
	1,844	2,719	-875
	2,782	2,779	3
	2,372	2,818	-446
	2,069	1,949	120
	1,025	1,021	4
	1,537	1,839	-302
	2,327	2,831	-504
	2,673	3,476	-803
	1,310	1,466	-156
	121	142	-21
	785	824	-39
	1,052	1,101	-49
	3,167	4,924	-1,757
	3,639	4,888	-1,249
	3,369	5,793	-2,424
	2,201	2,138	63
	1,927	1,851	76
	1,052	959	93
	1,554	1,811	-257
	745	824	-79
	555	741	-186
	780	985	-205
	819	1,125	-306
	204	267	-63
	694	780	-86
	599	844	-245
	954	1,056	-102
	2,154	1,967	187
	2,376	2,516	-140
	1,513	1,546	-33
	1,242	1,728	-486
	896	1,053	-157
	570	823	-253
	1,672	1,599	73
	2,205	2,074	131
	1,154	997	157
	922	821	101
	1,770	2,563	-793
	2,178	2,756	-578
	930	1,732	-802
	694	1,299	-605
	1,647	1,576	71
	2,315	2,182	133
	3,686	9,524	-5,838
	5,588	6,695	-1,107
	2,649	3,051	-402
	2,672	3,824	-1,152
	4,462	4,800	-338
	2,497	2,572	-75
	2,336	2,362	-26
	3,348	4,511	-1,163
	3,410	3,001	409
	1,457	1,724	-267
	1,270	1,945	-675
	1,360	1,567	-207
	1,138	1,060	78
	5,109	5,098	11
	3,588	2,791	797
	1,047	1,313	-266
	897	1,125	-228
	982	1,219	-237
	370	433	-63
	518	656	-138
	492	511	-19
	1,138	980	158
	190	108	82
	1,980	2,287	-307
	319	387	-68
	1,860	2,221	-361
	2,302	2,519	-217
	523	549	-26
	490	659	-169
	223	303	-80
	1,299	759	540
	871	1,054	-183
	1,313	1,857	-544
	883	1,258	-375
	906	875	31
	238	211	27
	594	534	60
	1,676	1,892	-216
	1,352	759	593
	571	599	-28
	1,149	973	176
	1,538	1,659	-121
	412	449	-37
	697	714	-17
	875	909	-34
	607	643	-36
	1,011	1,064	-53
	831	971	-140
	1,679	1,940	-261
	1,283	1,094	189
	1,785	1,857	-72
	432	459	-27
	1,736	1,817	-81
	2,839	4,246	-1,407
	4,485	3,731	754
	1,247	1,425	-178
	404	446	-42
	1,777	1,659	118
	1,348	1,492	-144
	1,874	2,475	-601
	1,790	1,825	-35
	3,015	2,505	510
	610	622	-12
	2,838	2,950	-112
	1,163	1,056	107
	1,377	1,554	-177
	1,845	1,085	760
	493	508	-15
	906	1,093	-187
	1,436	1,515	-79
	749	851	-102
	2,189	2,123	66
	1,316	1,464	-148
	1,671	2,011	-340
	1,804	1,085	719
	1,243	1,097	146
	1,436	1,275	161
	1,485	1,116	369
	1,577	1,409	168
			33

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			-245
b			7,184
c			-7
d			543
e			92
			1
			-102
			3,851
			558
			-148
			86
			8,996
			87
			142
			-7
			237
			-2,327
			-220
			33
			15,923
			277
			548
			-1,126
			81
			127
			155
			3,147
			42
			1,659
			4,671
			84
			28
			8,472
			73
			-62

			79
			18
			115
			60
			-58
			1,624
			46
			28
			4,430
			123
			189
			-5
			11,468
			42
			17
			119
			40
			6,519
			123
			130
			100
			112
			-7
			-35
			17
			169
			4,783
			4,838
			1,641
			-134
			44
			5,534
			152
			910
			11,913
			110
			8,025
			121
			33
			36,533
			11,269
			60,401
			-1,636
			-1,513
			13,661
			-324
			7,032
			264
			3,436
			15,806
			4,150
			8,723
			366
			177
			5,870
			-5
			359
			-13
			2,915
			12,089
			-1,387
			-281
			12,819
			57
			4,932
			1,990
			-256
			145
			10,260
			-896
			581
			5,415
			5,259
			-746
			9,456
			1,620
			1,687
			241
			45,762
			19,391
			5,726
			-254
			-3,280
			1,888
			4,946
			2,641
			61
			1,432
			15,228
			5,096
			-558
			6
			24,261
			13,958
			979
			6,264
			126
			3,602
			569
			1,540
			207
			4,756
			-414
			123
			5,752
			73,399
			771
			26,709
			5,415
			259
			132
			137
			4,955
			-319
			5,126
			-99
			1,476
			5,504
			161
			2,399
			9,641
			319
			2,295
			1,642
			14,314
			131
			16
			2,882
			1,449
			-1,051
			50
			11,602
			8,246
			2,051
			279
			2,935
			-2,461
			2,856
			-68
			8
			13
			9
			11
			25
			138
			-177
			-110
			-280
			-320
			-50
			-51
			55
			-39
			-66
			390
			-133
			-312
			-45
			-33
			-118
			-219
			-11
			54
			-17
			102
			-38
			-73
			-146
			5
			92
			-18
			-119
			-136
			-163
			-164
			-110
			-83
			-120
			-917
			-1,440
			-10
			48
			238
			245
			-68
			-116
			171
			279
			-223
			-40
			-258
			-116
			65
			52
			-97
			-779
			-136
			-111
			24
			-377
			-384
			-140
			-268
			-151
			-213
			-250
			-137
			-145
			-277
			-1,407
			-2,543
			-115
			11
			-43
			71
			-88
			-15
			-258
			-3
			-73
			-596
			-557
			-3
			-73
			-875
			3
			-446
			120
			4
			-302
			-504
			-803
			-156
			-21
			-39
			-49
			-1,757
			-1,249
			-2,424
			63
			76
			93
			-257
			-79
			-186
			-205
			-306
			-63
			-86
			-245
			-102
			187
			-140
			-33
			-486
			-157
			-253
			73
			131
			157
			101
			-793
			-578
			-802
			-605
			71
			133
			-5,838
			-1,107
			-402
			-1,152
			-338
			-75
			-26
			-1,163
			409
			-267
			-675
			-207
			78
			11
			797
			-266
			-228
			-237
			-63
			-138
			-19
			158
			82
			-307
			-68
			-361
			-217
			-26
			-169
			-80
			540
			-183
			-544
			-375
			31
			27
			60
			-216
			593
			-28
			176
			-121
			-37
			-17
			-34
			-36
			-53
			-140
			-261
			189
			-72
			-27
			-81
			-1,407
			754
			-178
			-42
			118
			-144
			-601
			-35
			510
			-12
			-112
			107
			-177
			760
			-15
			-187
			-79
			-102
			66
			-148
			-340
			719
			146
			161
			369
			168

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	666,057
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . .		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2010	199,346	4,299,053	0.04637
2009	176,819	3,847,425	0.045958
2008	182,375	5,197,444	0.035089
2007	179,405	6,105,917	0.029382
2006	259,553	5,582,629	0.046493

2	Total of line 1, column (d) ......................	2	0.203292
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	0.040658
4	Enter the net value of noncharitable-use assets for 2011 from Part X, line 5.....	4	4,516,040
5	Multiply line 4 by line 3.......................	5	183,615
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	7,545
7	Add lines 5 and 6.........................	7	191,160
8	Enter qualifying distributions from Part XII, line 4..............	8	186,671
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions on page 18.

Form 990-PF (2011)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	15,090
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2............................	3	15,090
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-).	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	15,090
6	Credits/Payments:

a	2011 estimated tax payments and 2010 overpayment credited to 2011	6a	1,700
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	1,700
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	13,390
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2012 estimated tax	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.

Yes

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

instructions) bullet

If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on

page 27)? If “Yes,” complete Part XIV..........................

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

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......

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

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

Yes

Website address bullet

The books are in care of bullet

PNC BANK NA Telephone no. bullet

(800) 622-8036

Located at bullet

P O BOX 94651CLEVELANDOH ZIP+4 bullet

441014651

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

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

At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over

a bank, securities, or other financial account in a foreign country? .................

See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet

Form 990-PF (2011)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check “No”

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2011?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2011, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2011?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........

Yes

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

20, 20, 20, 20

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

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

If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2011.)....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

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

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

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

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...YesNo

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

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

If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?

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

If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

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

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

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

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

If “Yes” to 6b, file Form 8870.

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

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

Form 990-PF (2011)

Page 6

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
PNC BANK NA	TRUSTEE 4	36,489
P O BOX 94651 CLEVELAND,OH441014651	TRUSTEE 4	36,489

2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions). If none, enter “NONE.”
(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1


2


3


4

Form 990-PF (2011)

Page 7

Part IX-B

Summary of Program-Related Investments (see page 23 of the instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


All other program-related investments. See page 24 of the instructions.
3

Total. Add lines 1 through 3.......................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see page 24 of the instructions.)

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

purposes:

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

4,584,812

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

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

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

4,584,812

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

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

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

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

4,584,812

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

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

68,772

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

4,516,040

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

225,802

Part XI

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

and do not complete this part.)

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

225,802

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

15,090

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

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

15,090

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

210,712

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

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

210,712

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

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

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

210,712

Part XII

Qualifying Distributions (see page 25 of the instructions)

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

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

186,671

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

186,671

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............

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

186,671

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2011)

Page 8

Part XIII

Undistributed Income (see page 26 of the instructions)

		(a) Corpus	(b) Years prior to 2010	(c) 2010	(d) 2011
1 Distributable amount for 2011 from Part XI, line 7					210,712
2 Undistributed income, if any, as of the end of 2011:
a Enter amount for 2010 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2011:
a From 2006.......	0
b From 2007.......	0
c From 2008.......	0
d From 2009.......	0
e From 2010.......	0
fTotal of lines 3a through e.........		0
4Qualifying distributions for 2011 from Part
XII, line 4: $ 186,671
a Applied to 2010, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see page 26 of the instructions)			0
c Treated as distributions out of corpus (Election required—see page 26 of the instructions)...		0
d Applied to 2011 distributable amount.....					186,671
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2011.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount—see page 27 of the instructions ...			0
e Undistributed income for 2010. Subtract line 4a from line 2a. Taxable amount—see page 27 of the instructions ...........				0
f Undistributed income for 2011. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2011 ..........					24,041
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see page 27 of the instructions) ...........		0
8Excess distributions carryover from 2006 not applied on line 5 or line 7 (see page 27 of the instructions) .............		0
9Excess distributions carryover to 2012. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2007....	0
b Excess from 2008....	0
c Excess from 2009....	0
d Excess from 2010....	0
e Excess from 2011....	0

Form 990-PF (2011)

Page 9

Part XIV

Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2011, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2011	(b) 2010	(c) 2009	(d) 2008	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ....
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets” alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment” alternative test— enter 2⁄3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support” alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see page 27 of the instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

NONE

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

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

aThe name, address, and telephone number of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2011)

Page 10

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
BOYS TOWN JERUSALEM FDN OF AMER 1 PENN PLAZA - SUITE 6250 NEW YORK,NY101190002	NONE	PUBLIC	GENERAL SUPPORT	10,800
JEWISH FEDERATIONS OF N AMERICA 25 BROADWAY ST STE 1700 NEW YORK,NY100041010	NONE	PUBLIC	GENERAL SUPPORT	10,800
JEWISH NATIONAL FUND (KEREN 42 EAST 69TH STREET NEW YORK,NY100215093	NONE	PUBLIC	GENERAL SUPPORT	10,800
KEREN-OR INC 350 7TH AVENUE -SUITE 701 NEW YORK,NY100011942	NONE	PUBLIC	GENERAL SUPPORT	10,800
AMERICAN ASSOCIATION FOR BIKUR CHOLIM HOSP - JERUSALEM INC 156 FIFTH AVENUE NEW YORK,NY100107002	NONE	PUBLIC	GENERAL SUPPORT	10,800
AMER FRIENDS - MAGEN DAVID 352 SEVENTH AVE STE 400 NEW YORK,NY100015189	NONE	PUBLIC	GENERAL SUPPORT	10,800
HILLEL ACADEMY OF PITTSBURGH 5685 BEACH STREET PITTSBURGH,PA15217	NONE	PUBLIC	GENERAL SUPPORT	10,800
ISRAEL CANCER RESEARCH FUND 1290 AVE OF THE AMERICAS - RM 550 NEW YORK,NY101040500	NONE	PUBLIC	GENERAL SUPPORT	10,800
NATIONAL JEWISH HEALTH 1400 JACKSON STREET - ROOM M116 DENVER,CO802062762	NONE	PUBLIC	GENERAL SUPPORT	10,800
YESHIVA UNIVERSITY 500 WEST 185TH STREET NEW YORK,NY100333201	NONE	PUBLIC	GENERAL SUPPORT	10,800
SCHOLARSHIP AMERICA ONE SCHOLARSHIP WAY SAINT PETER,MN56082	NONE	PUBLIC	SCHOLARSHIP	56,200
Total ................................. 3a				164,200

bApproved for future payment

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

Form 990-PF (2011)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3Interest on savings and temporary cash investments
4 Dividends and interest from securities....			14	109,642
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.....			18	742
8Gain or (loss) from sales of assets other than inventory			18	666,057
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)..				776,441

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

13776,441

(See worksheet in line 13 instructions on page 28 to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See page 28 of the instructions.)

Form 990-PF (2011)

Page 12

Part XVII

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

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

Yes

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

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If “Yes,” complete the following schedule.

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

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.

	Signature of officer or trustee	Date	Title

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

Form 990-PF (2011)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Description	Amount
POSTED CURR YR FOR PR YR	4,204
NONDIVIDEND DISTRIBUTION	251
ROUNDING ADJUSTMENT	1

Category	Amount	Net Investment Income
FOREIGN TAXES	20	20
FEDERAL TAX PAYMENT - PRIOR YE	11	0
FEDERAL ESTIMATES - PRINCIPAL	1,700	0
FOREIGN TAXES ON QUALIFIED FOR	1,003	1,003
FOREIGN TAXES ON NONQUALIFIED	232	232

Description	Amount
POSTED SUBSEQ YR FOR CURR YR	2,227
COST BASIS ADJUSTEMENT	309