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
G
Check all that apply:
Name of foundation
WALTER E & HELEN W BRUCKERT 99022260
 

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

91-1399944
B Telephone number (see page 10 of the instructions)

(503) 275-4327
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$1,867,872J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 46,717 46,717  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 73,362
b Gross sales price for all assets on line 6a 816,791
7 Capital gain net income (from Part IV, line 2)... 73,362
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).......      
12 Total. Add lines 1 through 11........ 120,079 120,079  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 23,374 21,037   2,337
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 1,500 0 0 1,500
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 1,364 1,093   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 25     25
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 26,263 22,130 0 3,862
25 Contributions, gifts, grants paid........ 68,440 68,440
26 Total expenses and disbursements. Add lines 24 and 25 94,703 22,130 0 72,302
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 25,376
b Net investment income (if negative, enter -0-) 97,949
c Adjusted net income (if negative, enter -0-)... 0
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2011)
Form 990-PF (2011)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............   2,994 2,994
2 Savings and temporary cash investments.......... 15,342 20,272 20,272
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 324,526 Click to see attachment324,526 367,043
b Investments—corporate stock (attach schedule)........ 1,201,419 Click to see attachment1,361,167 1,344,070
c Investments—corporate bonds (attach schedule)........ 267,792 Click to see attachment127,130 133,493
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,809,079 1,836,089 1,867,872
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 1,809,079 1,836,089
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).................... 1,809,079 1,836,089
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 1,809,079 1,836,089
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 1,809,079
2 Enter amount from Part I, line 27a..................... 2 25,376
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 3,148
4 Add lines 1, 2, and 3.......................... 4 1,837,603
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 1,514
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 1,836,089
Form 990-PF (2011)
Form 990-PF (2011)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 200. ABBOTT LABORATORIES COMMON STOCK   2008-10-27 2011-01-05
b 140. AMGEN INC COMMON STOCK     2011-01-05
c 180. BEST BUY INC   2008-10-27 2011-01-05
d 380. HEWLETT PACKARD CO     2011-01-05
e 100. ILLINOIS TOOL WKS INC   2008-10-27 2011-01-05
50000. HSBC FINANCE CORP 5.250% 1/14/11   2005-12-20 2011-01-14
6545.192 AMERICAN CENTY INTL BOND FUND INV     2011-02-24
137.745 AMERICAN CENTY INTL BOND FUND INV     2011-02-24
171.586 AMERICAN CENTY INTL BOND FUND INV   2010-12-28 2011-02-24
. ROYAL DUTCH PETE NY REG N GLDR 1.25     2011-06-28
1728.485 AMERICAN CENTY INTL BOND FD INSTL   2011-02-24 2011-07-13
46. APACHE CORP   2003-08-04 2011-07-13
821. IPATH DOW JONES UBS COMMODITY     2011-07-13
240. BRISTOL-MYERS SQUIBB CO   2007-11-30 2011-07-13
32. BRISTOL-MYERS SQUIBB CO   2008-10-27 2011-07-13
308. CISCO SYS INC   2007-05-11 2011-07-13
2070.393 EATON VANCE LARGE CAP VAL I   2008-11-06 2011-07-13
969.536 EATON VANCE LARGE CAP VAL I   2009-12-30 2011-07-13
12. ECOLAB INC   2009-04-07 2011-07-13
81. EXXON MOBIL CORP     2011-07-13
80. INTERNATIONAL BUSINESS MACHINES CAPITAL STOCK   2007-05-11 2011-07-13
480. ISHARES MSCI EMERGING MKTS E T F   2010-12-02 2011-07-13
122. MICROSOFT CORP   2007-05-11 2011-07-13
21. MONSANTO CO   2009-04-07 2011-07-13
119.87 NUVEEN SMALL CAP VALUE FUND CL I   1994-04-15 2011-07-13
875.72 NUVEEN SMALL CAP VALUE FUND CL I   2000-12-12 2011-07-13
690.226 NUVEEN SMALL CAP VALUE FUND CL I   2002-05-01 2011-07-13
1914.441 NUVEEN HIGH INCOME BOND FD CL I   2010-08-04 2011-07-13
7172.146 NUVEEN DIVIDEND VALUE FUND CLASS I   2002-05-01 2011-07-13
4392.586 NUVEEN SMALL CAP SELECT FD CL I     2011-07-13
56. OCCIDENTAL PETROLEUM CORPORATION   2007-11-30 2011-07-13
251. ORACLE CORPORATION   2008-10-27 2011-07-13
108. PROCTER & GAMBLE CO   2007-11-30 2011-07-13
83. QUALCOMM INC   2002-05-01 2011-07-13
75. SCHLUMBERGER LTD ISIN #AN8068571086   2004-09-20 2011-07-13
2588.326 LAUDUS INTL MARKETMASTERS FUND SEL   2007-08-20 2011-07-13
100. 3M CO   2008-10-27 2011-07-13
31. UNITED TECHNOLOGIES CORP   2010-03-24 2011-07-13
42. WELLS FARGO & CO NEW   2003-08-04 2011-07-13
207. ACCENTURE PLC CL A   2006-05-10 2011-07-13
355. ISHARES MSCI EMERGING MKTS E T F   2010-12-02 2011-07-15
727.403 NUVEEN INTL SELECT FD CL I   2011-07-13 2011-07-15
876.827 LAUDUS INTL MARKETMASTERS FUND SEL   2007-08-20 2011-07-15
100. IPATH DOW JONES UBS COMMODITY   2009-08-24 2011-07-27
66. BRISTOL-MYERS SQUIBB CO   2008-10-27 2011-07-27
52. CISCO SYS INC   2007-05-11 2011-07-27
5. EXXON MOBIL CORP   2002-10-31 2011-07-27
33. INTEL CORP   2007-05-11 2011-07-27
52. MICROSOFT CORP   2007-05-11 2011-07-27
7. OCCIDENTAL PETROLEUM CORPORATION   2007-11-30 2011-07-27
31. ORACLE CORPORATION   2008-10-27 2011-07-27
49. PROCTER & GAMBLE CO   2007-11-30 2011-07-27
14. QUALCOMM INC   2002-05-01 2011-07-27
5. SCHLUMBERGER LTD ISIN #AN8068571086   2004-09-20 2011-07-27
15. 3M CO   2008-10-27 2011-07-27
14. UNITED TECHNOLOGIES CORP   2010-03-24 2011-07-27
86. WELLS FARGO & CO NEW   2003-08-04 2011-07-27
31. ACCENTURE PLC CL A   2006-05-10 2011-07-27
. PHILIP MORRIS INTL     2011-09-12
. BANK OF AMERICA CORP     2011-09-21
3. NETFLIX COM INC   2011-07-13 2011-10-25
37. APACHE CORP   2003-08-04 2011-11-28
13. APPLE COMPUTER INC   2008-08-04 2011-11-28
160. BRUNSWICK CORP   2011-07-13 2011-11-28
320. CISCO SYS INC   2007-05-11 2011-11-28
97. CITIGROUP INC   2011-07-13 2011-11-28
27. CLIFFS NATURAL RESOURCES INC   2011-07-13 2011-11-28
15. ECOLAB INC   2009-04-07 2011-11-28
12. EXPRESS SCRIPTS INC   2011-07-13 2011-11-28
129. FORD MOTOR CO   2011-07-13 2011-11-28
5. INTEL CORP   2007-05-11 2011-11-28
. MAXIM INTEGRATED PRODS INC     2011-11-28
7. MONSANTO CO   2009-04-07 2011-11-28
873.14 P I M C O FDS TOTAL RETURN FD   2011-07-13 2011-11-28
14. TERADATA CORP DEL   2011-07-13 2011-11-28
13. VMWARE INC CL A   2011-07-13 2011-11-28
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 9,630   10,864 -1,234
b 7,918   6,845 1,073
c 6,307   4,032 2,275
d 16,511   14,955 1,556
e 5,387   2,990 2,397
50,000   50,195 -195
91,698   91,936 -238
1,930   1,960 -30
2,404   2,325 79
32     32
25,270   24,199 1,071
5,608   1,408 4,200
40,745   33,721 7,024
6,989   7,101 -112
932   597 335
4,805   8,168 -3,363
38,364   30,000 8,364
17,966   16,414 1,552
673   426 247
6,714   3,012 3,702
14,017   8,454 5,563
22,622   22,531 91
3,259   3,773 -514
1,568   1,640 -72
1,550   1,865 -315
11,323   12,444 -1,121
8,925   10,650 -1,725
17,364   16,483 881
99,263   91,588 7,675
67,646   71,454 -3,808
5,797   3,902 1,895
8,260   4,205 4,055
6,992   7,941 -949
4,673   1,189 3,484
6,586   2,465 4,121
51,534   56,383 -4,849
9,660   6,210 3,450
2,744   2,270 474
1,164   1,059 105
12,598   6,098 6,500
16,511   16,664 -153
7,259   7,289 -30
17,405   19,100 -1,695
4,972   3,895 1,077
1,891   1,231 660
817   1,379 -562
420   168 252
743   735 8
1,431   1,608 -177
710   488 222
962   519 443
3,070   3,603 -533
770   201 569
460   164 296
1,332   931 401
1,183   1,025 158
2,488   2,168 320
1,866   913 953
159     159
12     12
233   901 -668
3,348   1,133 2,215
4,887   2,028 2,859
2,669   3,182 -513
5,737   8,486 -2,749
2,438   3,869 -1,431
1,704   2,640 -936
827   533 294
513   641 -128
1,293   1,727 -434
117   111 6
215     215
490   547 -57
9,386   9,648 -262
718   823 -105
1,218   1,327 -109
      129
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       -1,234
b       1,073
c       2,275
d       1,556
e       2,397
      -195
      -238
      -30
      79
      32
      1,071
      4,200
      7,024
      -112
      335
      -3,363
      8,364
      1,552
      247
      3,702
      5,563
      91
      -514
      -72
      -315
      -1,121
      -1,725
      881
      7,675
      -3,808
      1,895
      4,055
      -949
      3,484
      4,121
      -4,849
      3,450
      474
      105
      6,500
      -153
      -30
      -1,695
      1,077
      660
      -562
      252
      8
      -177
      222
      443
      -533
      569
      296
      401
      158
      320
      953
      159
      12
      -668
      2,215
      2,859
      -513
      -2,749
      -1,431
      -936
      294
      -128
      -434
      6
      215
      -57
      -262
      -105
      -109
       
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 73,362
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2010 110,247 1,846,106 0.059719
2009 95,221 1,703,656 0.055892
2008 36,624 1,826,701 0.020049
2007      
2006      
2 Total of line 1, column (d) ...................... 2 0.13566
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 0.04522
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 1,930,192
5 Multiply line 4 by line 3....................... 5 87,283
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 979
7 Add lines 5 and 6......................... 7 88,262
8 Enter qualifying distributions from Part XII, line 4.............. 8 72,302
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2011)
Form 990-PF (2011)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 1,959
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 1,959
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,959
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 284
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.............. 7 284
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,675
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 2012 estimated taxBullet   Refunded Bullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletWA
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletUS BANK Telephone no.bullet (503) 275-4327
    Located atbullet555 SW OAKPORTLANDOR ZIP+4bullet97204
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2011?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2011.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    US BANK TRUSTEE
    1     		24,874    
    PO BOX 3168
    PORTLAND,OR97208
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,926,040
    b
    Average of monthly cash balances.......................
    1b
    33,546
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,959,586
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    1,959,586
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    29,394
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,930,192
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    96,510
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    96,510
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    1,959
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,959
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    94,551
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    94,551
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    94,551
    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
    72,302
    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
    72,302
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    72,302
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2010     		(c)
    2010     		(d)
    2011
    1 Distributable amount for 2011 from Part XI, line 7 94,551
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 25,873
    b Total for prior years:2009, 20, 20 0
    3 Excess distributions carryover, if any, to 2011:
    a From 2006....... 0
    b From 2007....... 0
    c From 2008....... 0
    d From 2009....... 0
    e From 2010....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 72,302
    a Applied to 2010, but not more than line 2a 25,873
    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..... 46,429
    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 ..........     		48,122
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		0
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		0
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2007.... 0
    b Excess from 2008.... 0
    c Excess from 2009.... 0
    d Excess from 2010.... 0
    e Excess from 2011.... 0
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2011, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2011 (b) 2010 (c) 2009 (d) 2008
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    US BANK CO JEAN A EDWARDS
    WEST 428 RIVERSIDE AVE
    SPOKANE,WA99201
    (509) 353-7085
    bThe form in which applications should be submitted and information and materials they should include:
    CONTACT JEAN A EDWARDS
    cAny submission deadlines:
    CONTACT JEAN A EDWARDS
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SCHOLARSHIPS FOR DESERVING HIGH SCHOOL GRADUATES. AN INDEPENDENT SCHOLARSHIP COMMITTEE SELECTS THE RECIPIENTS
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    GONZAGA UNIVERSITY
    502 W BOONE AVE
    SPOKANE,WA99258     		NONE PUBLIC SCHOLARSHIP 2,200
    LINN-BENTON COMMUNITY
    COLLEGE
    6500 PACIFIC BLVD SW
    ALBANY,OR97321     		NONE PUBLIC SCHOLARSHIP 1,867
    COLUMBIA GORGE COMM COLLEGE
    FINANCIAL AID OFFICE
    400 EAST SCENIC DRIVE
    THE DALLES,OR97058     		NONE COLLEGE SCHOLARSHIPS 7,466
    OREGON STATE UNIVERSITY
    FINANCIAL AID OFFICE
    218 KERR ADMIN BLDG
    CORVALLIS,OR97331     		NONE UNIVERSITY SCHOLARSHIPS 5,863
    WHITWORTH UNIVERSITY
    FINANCIAL AID OFFICE
    300 WEST HAWTHORNE ROAD
    SPOKANE,WA99251     		NONE UNIVERSITY SCHOLARSHIP 1,690
    DEVRY UNIVERSITY
    FINANCIAL AID NICHOLE GAMEL
    9755 SW BARNES ROAD ST 150
    PORTLAND,OR97225     		NONE COLLEGE SCHOLARSHIP 933
    CENTRAL WA UNIVERSITY
    FINANCIAL AID OFFICE
    400 EAST 8TH ST
    ELLENSBURG,WA98926     		NONE UNIVERSITY SCHOLARSHIP 11,800
    EASTERN OREGON UNIVERSITY
    ATTN BUSINESS OFFICE
    1 UNIVERSITY BLVD
    LA GRANDE,OR97850     		NONE UNIVERSITY SCHOLARSHIP 1,973
    EASTERN WA UNIVERSITY
    FINANCIAL AID OFFICE
    526 5TH ST
    CHENEY,WA99004     		NONE UNIVERSITY SCHOLARSHIP 3,200
    LANE COMM COLLEGE
    FINANCIAL AID OFFICE BLDG 1
    4000 E 30TH
    EUGENE,OR97405     		NONE COLLEGE SCHOLARSHIP 1,867
    PACIFIC UNIVERSITY
    2043 COLLEGE WAY
    FOREST GROVE,OR97116     		NONE UNIVERSITY SCHOLARSHIPS 1,867
    PORTLAND STATE UNIVERSITY
    FINANCIAL AID OFFICE
    PO BOX 751
    PORTLAND,OR97207     		NONE UNIVERSITY SCHOLARSHIP 1,867
    UNIVERSITY OF WASHINGTON
    SCHOLARSHIPS
    PO BOX 24967
    SEATTLE,WA98195     		NONE UNIVERSITY SCHOLARSHIP 2,200
    UNIVERSITY OF OREGON
    FINANCIAL AID OFFICE
    1278 UNIVERSITY OF OREGON
    EUGENE,OR97403     		NONE UNIVERSITY SCHOLARSHIP 5,757
    WALLA WALLA COMMUNITY COLLEGE
    FINANCIAL AID OFFICE
    500 TAUSICK WAY
    WALLA WALLA,WA99362     		NONE COLLEGE SCHOLARSHIP 7,200
    WENATCHEE VALLEY COLLEGE
    FINANCIAL AID OFFICE
    1300 5TH STREET
    WENATCHEE,WA83617     		NONE COLLEGE SCHOLARSHIPS 2,000
    WESTERN WASH UNIV
    516 HIGH ST
    BELLINGHAM,WA98225     		NONE SCHOOL SCHOLARSHIP 2,000
    WESTERN CULINARY INSTITUTE
    FINANCIAL AID OFFICE
    600 SW 10TH AVESTE 400
    PORTLAND,OR97205     		NONE SCHOOL SCHOLARSHIP 1,690
    WASHINGTON STATE
    UNIVERSITY VANCOUVER
    14204 NE SALMON CREEK AVE
    VANCOUVER,WA98686     		NONE UNIVERSITY SCHOLARSHIP 5,000
    Total .................................bullet 3a 68,440
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments          
    4 Dividends and interest from securities....     14 46,717  
    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 73,362  
    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)..   120,079  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13120,079
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2011)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2011 AccountingFeesSchedule
    Name:
    WALTER E & HELEN W BRUCKERT 99022260
    EIN: 91-1399944
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,500     1,500

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    WALTER E & HELEN W BRUCKERT 99022260
    EIN: 91-1399944
    Name of Bond End of Year Book Value End of Year Fair Market Value
    HSBC FINANCE CORP 5.25    
    GENERAL ELECTRIC CAP CORP 5.62 50,455 55,339
    AMERICAN CENTURY INTERNATIONAL 76,675 78,154
    FAM HIGH INCOME BOND    

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    WALTER E & HELEN W BRUCKERT 99022260
    EIN: 91-1399944
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS    
    AMERICAN TOWER CORP 3,954 6,001
    AMGEN INC    
    APACHE CORP 826 2,446
    APPLE INC 5,771 14,985
    AT & T INC 3,543 4,082
    B M C SOFTWARE INC 2,272 3,278
    BEST BUY COMPANY INC    
    BRISTOL-MYERS SQUIBB CO 3,767 7,118
    CISCO SYS INC    
    DISNEY WALT CO 3,941 5,625
    EXELON CORPORATION 5,555 4,337
    EXXON MOBIL CORP 7,007 10,510
    FREEPORT-MCMORAN COPPER & GOLD 4,731 3,127
    GENERAL ELEC CO 3,049 1,791
    GILEAD SCIENCES INC 125 123
    GOLDMAN SACHS GROUP INC 11,797 6,330
    HEWLETT PACKARD CO    
    ILLINOIS TOOL WKS INC    
    INTEL CORP 8,726 9,506
    INTERNATIONAL BUSINESS MACHINE 2,114 3,678
    J P MORGAN CHASE & CO 10,515 7,781
    JOHNSON & JOHNSON 7,436 7,870
    MEDCO HEALTH SOLUTIONS INC 118 111
    MICROSOFT CORP 2,969 2,492
    OCCIDENTAL PETE CORP 5,366 7,215
    ORACLE CORPORATION 5,327 8,157
    PFIZER INC 16,955 12,551
    PROCTER & GAMBLE CO 4,632 4,203
    QUALCOMM INC 2,192 8,369
    UNITED TECHNOLOGIES CORP 6,050 11,329
    WELLS FARGO & CO 7,442 8,296
    3M CO 2,173 2,860
    ACCENTURE LTD 1,827 3,300
    ACE LTD 4,120 4,417
    SCHLUMBERGER LTD 4,079 6,831
    EATON VANCE LARGE CAP VAL I 33,586 34,062
    FAM EQUITY INCOME    
    FAM MID CAP GRWTH OPP    
    FAM MID CAP VALUE FUND    
    FAM REAL ESTATE SECURITIES    
    FAM SMALL CAP SELECT CAP    
    NUVEEN SMALL CAP VALUE FUND    
    LAUDUS INTL MRKTMASTERS INV 126,255 100,366
    PRICE T ROWE GROWTH STK FD 30,000 48,994
    ECOLAB INC 2,594 4,220
    MONSANTO CO 1,718 1,542
    P G & E CO 3,823 4,122
    PRAXAIR INC 3,345 5,345
    VERIZON COMMUNICATIONS INC 3,834 4,975
    WILLIAMS COS INC 495 561
    WINDSTREAM CORP 830 1,174
    BERKSHIRE HATHAWAY INC 4,056 3,815
    GENERAL MILLS 6,099 6,870
    TARGET CORPORATION 2,669 2,561
    CREDIT SUISSE COMMOD RET STRAT 79,442 68,734
    FAM INTL SELECT FD    
    IPATH DOW JONES UBS COMMODITY 3,661 3,971
    ISHARES MSCI EMERGING MKTS    
    ALCOA INC 1,550 839
    ALLERGAN INC 3,460 3,597
    AMAZON COM INC 1,943 1,558
    AMERIPRISE FINL INC 338 298
    AMPHENOL CORP CL A 352 318
    ANADARKO PETROLEUM CORP 2,091 2,061
    BOEING CO 4,283 4,328
    CH ROBINSON WORLDWIDE INC 1,121 977
    CALPINE CORP 206 229
    CAMERON INTL CORP 2,262 2,214
    CAPITAL ONE FINANCIAL CORP 3,754 3,087
    CATERPILLAR INC 3,611 2,990
    CBS CORP CLASS B NON VOTING 796 760
    CERNER CORPORATION 126 122
    CHEVRON CORPORATION 96 106
    CITIGROUP INC 3,790 2,499
    CLIFFS NATURAL RESOURCES INC 1,271 810
    COCA COLA COMPANY 1,957 2,099
    CONCHO RES INC 370 375
    CSX CORP 1,967 1,579
    CUMMINS INC 744 616
    DICKS SPORTING GOODS 933 848
    DIRECTV CL A 5,803 4,661
    DOLLAR TREE INC 4,767 5,485
    DOVER CORP 3,136 2,728
    DOW CHEM CO 3,310 3,681
    DR PEPPER SNAPPLE GROUP 3,820 3,632
    E M C CORP 3,321 2,628
    EATON CORP 2,310 1,915
    ENDO PHARMACEUTICALS HOLDINGS 652 552
    EXPRESS SCRIPTS INC 1,441 1,207
    FIFTH THIRD BANCORP 3,518 3,574
    FOOT LOCKER 3,283 3,314
    FORD MOTOR CO 1,218 979
    GOOGLE INC CL A 588 646
    HOLLYFRONTIER CORP 3,528 2,293
    HUMANA INC 1,934 2,015
    JARDEN CORP 3,648 3,317
    JOY GLOBAL INC 861 675
    KELLOGG CO 2,225 2,023
    LAUDER ESTEE COS INC CL A 107 112
    LINCOLN NATL CORP 408 291
    LULULEMON ATHLETICA INC 497 373
    MACYS INC 4,849 5,181
    MASTERCARD INC 5,551 6,711
    MCKESSON CORPORATION 2,074 1,948
    MEADWESTVACO CORP 67 60
    MOSAIC CO 780 555
    NATIONAL OILWELL VARCO INC 4,704 4,079
    NETFLIX CON INC 550 554
    NIKE INC 370 385
    NOBLE ENERGY INC 1,741 1,793
    ON SEMICONDUCTOR CORP 2,266 1,853
    P N C FINANCIAL SERVICES GROUP 502 577
    PERRIGO CO 3,409 3,503
    PHILIP MORRIS INTL 1,343 1,570
    POLARIS INDS INC 3,968 3,807
    PRECISION CASTPARTS CORP 647 659
    PRICELINE COM INC 1,611 1,403
    PRUDENTIAL FINANCIAL INC 4,861 3,909
    RALPH LAUREN CORP 948 967
    ROCKWELL COLLINS INC 121 111
    SALESFORCE COM INC 1,224 812
    SLM CORP 3,352 2,747
    STARBUCKS CORP 5,989 6,902
    STATE STR CORP 443 484
    SUNTRUST BKS INC 1,126 797
    TD AMERITRADE HLDG CORP 509 485
    TERADATA CORP 3,294 2,717
    UNITED HEALTH GROUP INC 5,753 5,575
    UNUM GROUP 570 464
    VISA INC CLASS A SHARES 449 508
    VMWARE INC CL A 715 582
    WALGREEN CO 141 132
    WHITING PETROLEUM CORP 3,119 2,521
    WILLIMS SONOMA INC 3,007 3,196
    WYNDHAM WORLDWIDE CORP 413 454
    WYNN RESORTS LTD 1,107 773
    CHECK POINT SOFTWARE TECH LTD 2,299 2,102
    COVIDIEN PLC 710 720
    INGERSOLL RAND PLC 597 396
    SONY CORP A D R REPSTG 1 1,495 992
    DRIEHAUS ACTIVE INCOME FUND 34,170 34,445
    FIDELITY ADV DIVERS INTL 104,950 87,353
    HIGHLAND LONG SHORT EQUITY 1,065 1,084
    NUVEEN CORE BOND FD 1 1
    NUVEEN EQUITY INCOME FUND 38,300 41,320
    NUVEEN HIGHT INCOME BOND FD 80,462 76,668
    NUVEEN INFLATION PRO SEC 67,060 69,767
    NUVEEN INTL SELECT FD 93,954 81,895
    NUVEEN MID CAP GRWTH 53,165 57,122
    NUVEEN MID CAP VALUE FUND 46,443 61,010
    NUVEEN REAL ESTATE SECURIT 69,843 90,239
    NUVEEN SMALL CAP GWTH OPP 37,238 32,537
    NUVEEN SMALL CAP VALUE 42,331 32,380
    NUVEEN TOTAL RETURN BOND 717 700
    PIMCO TOTAL RETURN FUND 23,532 23,149
    TEMPLETON INSTL EMERGING MKT 53,080 32,974

    TY 2011 InvestmentsGovtObligationsSch
    Name:
    WALTER E & HELEN W BRUCKERT 99022260
    EIN: 91-1399944
    US Government Securities - End of Year Book Value:

    324,526
    US Government Securities - End of Year Fair Market Value:

    367,043
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2011 OtherDecreasesSchedule
    Name:
    WALTER E & HELEN W BRUCKERT 99022260
    EIN: 91-1399944
    Description Amount
    RECD VS REPORTED SECURITIES 1,510
    ROUNDING ADJUSTMENT 4


    TY 2011 OtherExpensesSchedule
    Name:
    WALTER E & HELEN W BRUCKERT 99022260
    EIN: 91-1399944
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE FILING FEE 25 0   25


    TY 2011 OtherIncreasesSchedule
    Name:
    WALTER E & HELEN W BRUCKERT 99022260
    EIN: 91-1399944
    Description Amount
    RECD VS REPORTED SECURITIES PY 492
    RETURNED SCHOLARSHIPS PRIOR YEAR 2,656


    TY 2011 TaxesSchedule
    Name:
    WALTER E & HELEN W BRUCKERT 99022260
    EIN: 91-1399944
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 1 1   0
    FEDERAL ESTIMATES - PRINCIPAL 271 0   0
    FOREIGN TAXES ON QUALIFIED FOR 941 941   0
    FOREIGN TAXES ON NONQUALIFIED 151 151   0