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
VERLIE P & JOHN L HARPER CHARITABLE TRUST
 

Number and street (or P.O. box number if mail is not delivered to street address)REGIONS BANK TRUST DEPT P O BOX 288   Room/suite
City or town, state, and ZIP code
MOBILE, AL366522886
A Employer identification number

30-6046872
B Telephone number (see page 10 of the instructions)

(251) 690-1024
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$3,872,075J 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 37 37  
4 Dividends and interest from securities...... 91,302 93,700  
5a Gross rents.............. 3,800 3,800  
b Net rental income or (loss) 3,296
6a Net gain or (loss) from sale of assets not on line 10 8,032
b Gross sales price for all assets on line 6a 1,352,929
7 Capital gain net income (from Part IV, line 2)... 8,032
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 13,080 13,080  
12 Total. Add lines 1 through 11........ 116,251 118,649  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 36,387 29,109   7,277
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 800 0 0 800
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 2,720 240   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 3,219 1,400    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 43,126 30,749 0 8,077
25 Contributions, gifts, grants paid........ 180,597 180,597
26 Total expenses and disbursements. Add lines 24 and 25 223,723 30,749 0 188,674
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -107,472
b Net investment income (if negative, enter -0-) 87,900
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 Savings and temporary cash investments.......... 134,662 37,370 37,370
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)   Click to see attachment536,931 551,426
b Investments—corporate stock (attach schedule)........ 1,848,216 Click to see attachment1,003,928 1,014,693
c Investments—corporate bonds (attach schedule)........ 1,797,767 Click to see attachment1,190,169 1,210,774
11 Investments—land, buildings, and equipment: basis bullet60,246
Less: accumulated depreciation (attach schedule) bullet   59,421 60,246 296,960
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........   Click to see attachment906,529 760,852
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) 3,840,066 3,735,173 3,872,075
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......... 3,840,066 3,735,173
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).................... 3,840,066 3,735,173
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 3,840,066 3,735,173
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 3,840,066
2 Enter amount from Part I, line 27a..................... 2 -107,472
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 2,581
4 Add lines 1, 2, and 3.......................... 4 3,735,175
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 2
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 3,735,173
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 4580.02 FEDERAL HOME LOAN MTG CORP POOL #G13378 DTD 12/01/2008 5% 12/0 P 2010-06-08 2011-01-18
b 3254.32 FEDERAL NATIONAL MORTGAGE ASSN POOL #256 P 2010-06-08 2011-01-25
c 1153.89 FEDERAL NATIONAL MORTGAGE ASSN POOL #745500 DTD 04/01/2006 5.5 P 2010-06-08 2011-01-25
d 6241.48 FEDERAL NATIONAL MORTGAGE ASSN POOL #930055 DTD 10/01/2008 6% P 2010-06-08 2011-01-25
e 864.28 FEDERAL NATIONAL MORTGAGE ASSN POOL #963138 DTD 04/01/2008 5% 0 P 2010-06-08 2011-01-25
32000. CITIGROUP INC FDIC GUARANTEED DTD 08/06/2009 2.25% 12/10/2012 P 2010-06-08 2011-01-28
15000. UNITED STATES TREASURY N/B DTD 11/30/09 P 2010-07-08 2011-01-28
2000. GENERAL ELECTRIC CO 5% 02/01/2013 P 2010-06-08 2011-02-09
14000. GENERAL ELECTRIC CO 5% 02/01/2013 P 2010-06-08 2011-02-09
31000. UNITED STATES TREASURY N/B DTD 11/30/09 P 2010-05-13 2011-02-14
3528.61 FEDERAL HOME LOAN MTG CORP POOL #G13378 DTD 12/01/2008 5% 12/0 P 2010-06-08 2011-02-15
350. TIFFANY & CO P 2008-08-08 2011-02-22
2300.59 FEDERAL NATIONAL MORTGAGE ASSN POOL #256 P 2010-06-08 2011-02-25
1174.09 FEDERAL NATIONAL MORTGAGE ASSN POOL #745500 DTD 04/01/2006 5.5 P 2010-06-08 2011-02-25
961.95 FEDERAL NATIONAL MORTGAGE ASSN POOL #930055 DTD 10/01/2008 6% 1 P 2010-06-08 2011-02-25
997.22 FEDERAL NATIONAL MORTGAGE ASSN POOL #963138 DTD 04/01/2008 5% 0 P 2010-06-08 2011-02-25
15000. VERIZON COMMUNICATIONS 5.55% 02/15/201 P 2010-06-08 2011-03-10
3037.67 FEDERAL HOME LOAN MTG CORP POOL #G13378 DTD 12/01/2008 5% 12/0 P 2010-06-08 2011-03-15
7000. CONOCOPHILLIPS DTD 2/3/09 6.5% 02/01/203 P 2010-06-08 2011-03-24
7000. CONOCOPHILLIPS DTD 2/3/09 6.5% 02/01/203 P 2010-06-08 2011-03-25
2251.8 FEDERAL NATIONAL MORTGAGE ASSN POOL #256 P 2010-06-08 2011-03-25
927.61 FEDERAL NATIONAL MORTGAGE ASSN POOL #745500 DTD 04/01/2006 5.5% P 2010-06-08 2011-03-25
3452.97 FEDERAL NATIONAL MORTGAGE ASSN POOL #930055 DTD 10/01/2008 6% P 2010-06-08 2011-03-25
1166.5 FEDERAL NATIONAL MORTGAGE ASSN POOL #963138 DTD 04/01/2008 5% 0 P 2010-06-08 2011-03-25
1000. JOHN DEERE CAPITAL CORP INSD: FDIC DTD 12/19/08 2.875% 06/19/201 P 2010-06-08 2011-04-07
1000. GENERAL ELECTRIC CAPITAL CORP DTD 02/11/ P 2011-02-09 2011-04-07
1000. MERRILL LYNCH & CO 6.11% 01/29/2037 P 2010-06-08 2011-04-07
1000. TALISMAN ENERGY INC DTD 6/1/09 7.75% 06/ P 2010-06-08 2011-04-07
1000. TELEFONICA EMISIONES SAU DTD 02/16/2011 P 2011-03-10 2011-04-07
1000. TENNESSEE VALLEY AUTHORITY SER A PUTABLE P 2010-06-08 2011-04-07
1023.1 UNITED STATES TREASURY INFLATION INDEX BOND DTD 07/15/08 1.375% P 2010-06-08 2011-04-07
2922. FEDERAL HOME LOAN MTG CORP POOL #G13378 DTD 12/01/2008 5% 12/01/ P 2010-06-08 2011-04-15
1937.86 FEDERAL NATIONAL MORTGAGE ASSN POOL #256 P 2010-06-08 2011-04-25
1178.24 FEDERAL NATIONAL MORTGAGE ASSN POOL #745500 DTD 04/01/2006 5.5 P 2010-06-08 2011-04-25
1645.94 FEDERAL NATIONAL MORTGAGE ASSN POOL #930055 DTD 10/01/2008 6% P 2010-06-08 2011-04-25
1116.99 FEDERAL NATIONAL MORTGAGE ASSN POOL #963138 DTD 04/01/2008 5% P 2010-06-08 2011-04-25
1000. AT&T INC DTD 05/13/08 5.6% 05/15/2018 P 2010-06-08 2011-05-06
1000. CA INC DTD 11/13/09 5.375% 12/01/2019 P 2010-06-08 2011-05-06
1000. CATERPILLAR INC DTD 12/05/08 7.9% 12/15/ P 2010-06-08 2011-05-06
1000. FEDERAL NATIONAL MORTGAGE ASSN 5% 03/1 P 2010-06-08 2011-05-06
15000. GENERAL ELECTRIC CO 5% 02/01/2013 P 2010-06-08 2011-05-06
1000. J P MORGAN CHASE & CO DTD 04/23/09 6.3% P 2010-06-08 2011-05-06
1000. MERRILL LYNCH & CO INC SERIES: MTN DTD 04/25/08 6.875% 04/25/201 P 2010-06-08 2011-05-06
1000. MERRILL LYNCH & CO 6.11% 01/29/2037 P 2010-06-08 2011-05-06
1000. TARGET CORP CALLABLE 5.375% 05/01/2017 P 2010-06-08 2011-05-06
7000. TRAVELERS COMPANIES, INC. CALLABLE SERIES: MTN 6.25% 06/15/2037 P 2010-06-08 2011-05-06
2059.04 UNITED STATES TREASURY INFLATION INDEX BOND DTD 07/15/08 1.375 P 2010-06-08 2011-05-06
1000. UNITED STATES TREASURY N/B DTD 08/16/201 P 2010-09-13 2011-05-06
1000. WACHOVIA CORP DTD 06/08/07 5.75% 06/15/2 P 2010-06-08 2011-05-06
7000. TRAVELERS COMPANIES, INC. CALLABLE SERIES: MTN 6.25% 06/15/2037 P 2010-06-08 2011-05-10
2023.03 FEDERAL HOME LOAN MTG CORP POOL #G13378 DTD 12/01/2008 5% 12/0 P 2010-06-08 2011-05-16
1746.46 FEDERAL NATIONAL MORTGAGE ASSN POOL #256 P 2010-06-08 2011-05-25
935.48 FEDERAL NATIONAL MORTGAGE ASSN POOL #745500 DTD 04/01/2006 5.5% P 2010-06-08 2011-05-25
1062.95 FEDERAL NATIONAL MORTGAGE ASSN POOL #930055 DTD 10/01/2008 6% P 2010-06-08 2011-05-25
645.51 FEDERAL NATIONAL MORTGAGE ASSN POOL #963138 DTD 04/01/2008 5% 0 P 2010-06-08 2011-05-25
1000. COMCAST CORP DTD 06/18/09 5.7% 07/01/201 P 2010-06-08 2011-06-07
1000. GENERAL ELECTRIC CAPITAL CORP DTD 02/11/ P 2011-02-09 2011-06-07
1000. HESS CORPORATION DTD 2/3/09 8.125% 02/15 P 2010-06-08 2011-06-07
1000. KRAFT FOODS INC DTD 02/08/2010 4.125% 02 P 2010-06-08 2011-06-07
1000. TELEFONICA EMISIONES SAU DTD 02/16/2011 P 2011-03-10 2011-06-07
2000. UNITED STATES TREAS BDS DTD 8/15/93 6.25% 08/15/2023 P 2010-06-08 2011-06-07
1000. UNITED STATES TREAS BD DTD 2/15/2001 5.375% 02/15/2031 P 2010-12-10 2011-06-07
1000. UNITED STATES TREASURY N/B DTD 02/17/09 P 2011-02-14 2011-06-07
1038.3 UNITED STATES TREASURY INFLATION INDEX BOND DTD 07/15/08 1.375% P 2010-06-08 2011-06-07
1000. VERIZON COMMUNICATIONS DTD 03/28/2011 6% P 2011-03-25 2011-06-07
1000. PETROBRAS INTL FIN CO DTD 10/30/09 5.75% P 2010-06-10 2011-06-08
13000. UNITED STATES TREAS BD DTD 2/15/2001 5.375% 02/15/2031 P 2010-12-10 2011-06-10
18000. UNITED STATES TREASURY N/B DTD 02/17/09 P 2011-02-14 2011-06-10
2325.94 FEDERAL HOME LOAN MTG CORP POOL #G13378 DTD 12/01/2008 5% 12/0 P 2010-06-08 2011-06-15
31000. UNITED STATES TREASURY N/B DTD 11/30/09 P 2010-05-13 2011-06-15
1833.52 FEDERAL NATIONAL MORTGAGE ASSN POOL #256 P 2010-06-08 2011-06-27
1033.31 FEDERAL NATIONAL MORTGAGE ASSN POOL #745500 DTD 04/01/2006 5.5 P 2010-06-08 2011-06-27
832.16 FEDERAL NATIONAL MORTGAGE ASSN POOL #930055 DTD 10/01/2008 6% 1 P 2010-06-08 2011-06-27
882.73 FEDERAL NATIONAL MORTGAGE ASSN POOL #963138 DTD 04/01/2008 5% 0 P 2010-06-08 2011-06-27
1000. BB& T CORPORATION DTD 7/27/09 3.85% 07/2 P 2010-06-08 2011-07-07
1000. BARCLAYS BANK PLC DTD 04/07/2010 3.9% 04 P 2010-06-08 2011-07-07
1000. CITIGROUP INC FDIC GUARANTEED DTD 08/06/2009 2.25% 12/10/2012 P 2010-06-08 2011-07-07
1000. JOHN DEERE CAPITAL CORP INSD: FDIC DTD 12/19/08 2.875% 06/19/201 P 2010-06-08 2011-07-07
1000. GOLDMAN SACHS GROUP INC DTD 2/5/09 7.5% P 2010-06-08 2011-07-07
1000. MORGAN STANLEY SERIES: MTN DTD 9/23/09 5 P 2010-06-08 2011-07-07
1000. ONTARIO (PROVINCE OF) DTD 01/27/2011 1.3 P 2011-01-31 2011-07-07
1000. PETROBRAS INTL FIN CO DTD 10/30/09 5.75% P 2010-06-10 2011-07-07
2089.42 UNITED STATES TREASURY INFLATION INDEX BOND DTD 07/15/08 1.375 P 2010-06-08 2011-07-07
1945.95 FEDERAL HOME LOAN MTG CORP POOL #G13378 DTD 12/01/2008 5% 12/0 P 2010-06-08 2011-07-15
1200. ISHARES TR RUSSELL 1000 VALUE P 2008-08-08 2011-07-15
1512.5 FEDERAL NATIONAL MORTGAGE ASSN POOL #256 P 2010-06-08 2011-07-25
863.61 FEDERAL NATIONAL MORTGAGE ASSN POOL #745500 DTD 04/01/2006 5.5% P 2010-06-08 2011-07-25
289.66 FEDERAL NATIONAL MORTGAGE ASSN POOL #930055 DTD 10/01/2008 6% 1 P 2010-06-08 2011-07-25
1392.81 FEDERAL NATIONAL MORTGAGE ASSN POOL #963138 DTD 04/01/2008 5% P 2010-06-08 2011-07-25
69213.93 FEDERAL HOME LOAN MTG CORP POOL #G13378 DTD 12/01/2008 5% 12/ P 2010-06-08 2011-08-09
25000. UNITED STATES TREASURY N/B DTD 11/30/09 P 2011-06-07 2011-08-09
97000. UNITED STATES TREASURY N/B DTD 11/30/09 P 2010-05-13 2011-08-09
2501.28 FEDERAL HOME LOAN MTG CORP POOL #G13378 DTD 12/01/2008 5% 12/0 P 2010-06-08 2011-08-15
10000. UNITED STATES TREASURY N/B DTD 11/30/09 P 2011-06-07 2011-08-18
1000. BANK OF AMERICA CORP P 2010-04-23 2011-08-24
7000. UNITED STATES TREASURY N/B DTD 11/30/09 P 2011-07-07 2011-08-24
1866.18 FEDERAL NATIONAL MORTGAGE ASSN POOL #256 P 2010-06-08 2011-08-25
792.35 FEDERAL NATIONAL MORTGAGE ASSN POOL #745500 DTD 04/01/2006 5.5% P 2010-06-08 2011-08-25
3281.98 FEDERAL NATIONAL MORTGAGE ASSN POOL #930055 DTD 10/01/2008 6% P 2010-06-08 2011-08-25
663.92 FEDERAL NATIONAL MORTGAGE ASSN POOL #963138 DTD 04/01/2008 5% 0 P 2010-06-08 2011-08-25
5234.85 UNITED STATES TREASURY INFLATION INDEX BOND DTD 07/15/08 1.375 P 2011-08-09 2011-08-25
72240.93 UNITED STATES TREASURY INFLATION INDEX BOND DTD 07/15/08 1.37 P 2010-06-08 2011-08-25
17000. UNITED STATES TREASURY N/B DTD 11/30/09 P 2011-07-15 2011-09-13
17000. UNITED STATES TREASURY N/B DTD 11/30/09 P 2011-07-15 2011-09-15
1769.8 FEDERAL NATIONAL MORTGAGE ASSN POOL #256 P 2010-06-08 2011-09-26
580.43 FEDERAL NATIONAL MORTGAGE ASSN POOL #AH6827 DTD 03/01/2011 4% 0 P 2011-08-09 2011-09-26
654.44 FEDERAL NATIONAL MORTGAGE ASSN POOL #735580 DTD 05/01/05 5% 06/ P 2011-08-09 2011-09-26
612.78 FEDERAL NATIONAL MORTGAGE ASSN POOL #745418 DTD 03/01/06 5.5% 0 P 2011-08-09 2011-09-26
907.85 FEDERAL NATIONAL MORTGAGE ASSN POOL #745500 DTD 04/01/2006 5.5% P 2010-06-08 2011-09-26
3223.75 FEDERAL NATIONAL MORTGAGE ASSN POOL #930055 DTD 10/01/2008 6% P 2010-06-08 2011-09-26
991.87 FEDERAL NATIONAL MORTGAGE ASSN POOL #963138 DTD 04/01/2008 5% 0 P 2010-06-08 2011-09-26
831.48 FEDERAL NATIONAL MORTGAGE ASSN POOL #AE3066 DTD 09/01/2010 3.5% P 2011-08-09 2011-09-26
192. FRONTIER COMMUNICATIONS CORP P 2008-08-08 2011-09-29
219000. UNITED STATES TREASURY N/B DTD 11/30/09 P 2011-09-29 2011-10-06
600. MICROSOFT CORP COM P 2008-08-08 2011-10-07
500. ROBERT HALF INTL INC COM P 2010-04-23 2011-10-07
200. V F CORP P 2010-04-23 2011-10-07
1666.12 FEDERAL NATIONAL MORTGAGE ASSN POOL #256 P 2010-06-08 2011-10-25
1220.51 FEDERAL NATIONAL MORTGAGE ASSN POOL #AH6827 DTD 03/01/2011 4% P 2011-08-09 2011-10-25
644.22 FEDERAL NATIONAL MORTGAGE ASSN POOL #735580 DTD 05/01/05 5% 06/ P 2011-08-09 2011-10-25
575.69 FEDERAL NATIONAL MORTGAGE ASSN POOL #745418 DTD 03/01/06 5.5% 0 P 2011-08-09 2011-10-25
875.97 FEDERAL NATIONAL MORTGAGE ASSN POOL #745500 DTD 04/01/2006 5.5% P 2010-06-08 2011-10-25
3969.66 FEDERAL NATIONAL MORTGAGE ASSN POOL #930055 DTD 10/01/2008 6% P 2010-06-08 2011-10-25
1653.82 FEDERAL NATIONAL MORTGAGE ASSN POOL #963138 DTD 04/01/2008 5% P 2010-06-08 2011-10-25
1429.75 FEDERAL NATIONAL MORTGAGE ASSN POOL #AE3066 DTD 09/01/2010 3.5 P 2011-08-09 2011-10-25
2000. BB& T CORPORATION DTD 7/27/09 3.85% 07/2 P 2011-08-09 2011-10-28
15000. BB& T CORPORATION DTD 7/27/09 3.85% 07/2 P 2010-06-08 2011-10-28
71000. UNITED STATES TREASURY N/B DTD 06/01/10 P 2011-10-06 2011-11-04
18000. UNITED STATES TREASURY N/B DTD 06/01/10 P 2011-10-06 2011-11-09
18000. UNITED STATES TREASURY N/B DTD 06/01/10 P 2011-10-06 2011-11-14
1977.2 FEDERAL NATIONAL MORTGAGE ASSN POOL #256 P 2010-06-08 2011-11-25
936.99 FEDERAL NATIONAL MORTGAGE ASSN POOL #AH6827 DTD 03/01/2011 4% 0 P 2011-08-09 2011-11-25
182.21 FEDERAL NATIONAL MORTGAGE ASSN POOL #735 P 2011-10-06 2011-11-25
791.99 FEDERAL NATIONAL MORTGAGE ASSN POOL #735580 DTD 05/01/05 5% 06/ P 2011-08-09 2011-11-25
621.9 FEDERAL NATIONAL MORTGAGE ASSN POOL #745418 DTD 03/01/06 5.5% 04 P 2011-08-09 2011-11-25
734.38 FEDERAL NATIONAL MORTGAGE ASSN POOL #745500 DTD 04/01/2006 5.5% P 2010-06-08 2011-11-25
3856.62 FEDERAL NATIONAL MORTGAGE ASSN POOL #930055 DTD 10/01/2008 6% P 2010-06-08 2011-11-25
1150.6 FEDERAL NATIONAL MORTGAGE ASSN POOL #963138 DTD 04/01/2008 5% 0 P 2010-06-08 2011-11-25
1267.06 FEDERAL NATIONAL MORTGAGE ASSN POOL #AE3066 DTD 09/01/2010 3.5 P 2011-08-09 2011-11-25
300. HESS CORPORATION P 2010-04-23 2011-12-21
10582.011 PIONEER BOND FUND CLASS Y FD #0703 P 2010-05-03 2011-12-21
2300.18 FEDERAL NATIONAL MORTGAGE ASSN POOL #256 P 2010-06-08 2011-12-27
1090.92 FEDERAL NATIONAL MORTGAGE ASSN POOL #AH6827 DTD 03/01/2011 4% P 2011-08-09 2011-12-27
244.4 FEDERAL NATIONAL MORTGAGE ASSN POOL #AL0393 DTD 06/01/2011 4.5% P 2011-11-04 2011-12-27
166.39 FEDERAL NATIONAL MORTGAGE ASSN POOL #735 P 2011-10-06 2011-12-27
733.17 FEDERAL NATIONAL MORTGAGE ASSN POOL #735580 DTD 05/01/05 5% 06/ P 2011-08-09 2011-12-27
654.66 FEDERAL NATIONAL MORTGAGE ASSN POOL #745418 DTD 03/01/06 5.5% 0 P 2011-08-09 2011-12-27
800.66 FEDERAL NATIONAL MORTGAGE ASSN POOL #745500 DTD 04/01/2006 5.5% P 2010-06-08 2011-12-27
189.47 FEDERAL NATIONAL MORTGAGE ASSN POOL #889069 DTD 01/01/08 5.5% 0 P 2011-11-04 2011-12-27
1236.38 FEDERAL NATIONAL MORTGAGE ASSN POOL #930055 DTD 10/01/2008 6% P 2010-06-08 2011-12-27
1276.33 FEDERAL NATIONAL MORTGAGE ASSN POOL #963138 DTD 04/01/2008 5% P 2010-06-08 2011-12-27
1074.64 FEDERAL NATIONAL MORTGAGE ASSN POOL #AE3066 DTD 09/01/2010 3.5 P 2011-08-09 2011-12-27
(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 4,580   4,898 -318
b 3,254   3,496 -242
c 1,154   1,248 -94
d 6,241   6,772 -531
e 864   922 -58
32,931   32,597 334
15,063   15,016 47
2,137   2,108 29
14,948   14,755 193
31,120   31,020 100
3,529   3,773 -244
22,237   14,188 8,049
2,301   2,472 -171
1,174   1,270 -96
962   1,044 -82
997   1,064 -67
16,850   16,421 429
3,038   3,248 -210
8,027   8,204 -177
8,001   8,204 -203
2,252   2,419 -167
928   1,003 -75
3,453   3,746 -293
1,167   1,245 -78
1,029   1,022 7
1,019   1,012 7
945   905 40
1,208   1,206 2
1,016   1,015 1
1,071   1,065 6
1,089   1,049 40
2,922   3,125 -203
1,938   2,082 -144
1,178   1,274 -96
1,646   1,786 -140
1,117   1,192 -75
1,115   1,094 21
1,065   1,044 21
1,289   1,247 42
1,136   1,110 26
16,017   15,714 303
1,141   1,099 42
1,142   1,055 87
987   905 82
1,138   1,114 24
7,765   7,625 140
2,234   2,110 124
1,001   998 3
1,127   1,081 46
7,684   7,625 59
2,023   2,163 -140
1,746   1,876 -130
935   1,012 -77
1,063   1,153 -90
646   689 -43
1,116   1,088 28
1,046   1,012 34
1,280   1,217 63
1,070   1,035 35
1,042   1,015 27
2,573   2,518 55
1,191   1,156 35
872   818 54
1,129   1,064 65
1,041   1,007 34
1,065   1,011 54
15,685   15,032 653
16,003   14,730 1,273
2,326   2,487 -161
31,090   31,013 77
1,834   1,970 -136
1,033   1,118 -85
832   903 -71
883   942 -59
1,032   1,018 14
1,037   987 50
1,025   1,020 5
1,024   1,028 -4
1,169   1,103 66
1,035   965 70
1,007   1,000 7
1,074   1,010 64
2,271   2,140 131
1,946   2,081 -135
80,338   83,088 -2,750
1,513   1,625 -112
864   934 -70
290   314 -24
1,393   1,486 -93
74,610   74,016 594
25,051   25,063 -12
97,197   97,041 156
2,501   2,675 -174
10,020   10,000 20
6,769   18,480 -11,711
7,013   7,000 13
1,866   2,005 -139
792   857 -65
3,282   3,561 -279
664   709 -45
5,876   5,914 -38
81,085   73,999 7,086
17,025   17,000 25
17,025   17,043 -18
1,770   1,901 -131
580   610 -30
654   706 -52
613   675 -62
908   982 -74
3,224   3,498 -274
992   1,059 -67
831   863 -32
1,158   1,695 -537
219,231   219,452 -221
15,784   16,817 -1,033
11,344   16,040 -4,696
25,987   17,328 8,659
1,666   1,790 -124
1,221   1,282 -61
644   695 -51
576   634 -58
876   947 -71
3,970   4,307 -337
1,654   1,765 -111
1,430   1,483 -53
2,045   2,046 -1
15,340   15,196 144
71,263   71,263  
18,068   18,065 3
18,065   18,064 1
1,977   2,124 -147
937   984 -47
182   199 -17
792   854 -62
622   685 -63
734   794 -60
3,857   4,184 -327
1,151   1,228 -77
1,267   1,315 -48
16,586   19,299 -2,713
99,894   98,730 1,164
2,300   2,471 -171
1,091   1,146 -55
244   260 -16
166   181 -15
733   791 -58
655   721 -66
801   866 -65
189   206 -17
1,236   1,341 -105
1,276   1,362 -86
1,075   1,115 -40
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       -318
b       -242
c       -94
d       -531
e       -58
      334
      47
      29
      193
      100
      -244
      8,049
      -171
      -96
      -82
      -67
      429
      -210
      -177
      -203
      -167
      -75
      -293
      -78
      7
      7
      40
      2
      1
      6
      40
      -203
      -144
      -96
      -140
      -75
      21
      21
      42
      26
      303
      42
      87
      82
      24
      140
      124
      3
      46
      59
      -140
      -130
      -77
      -90
      -43
      28
      34
      63
      35
      27
      55
      35
      54
      65
      34
      54
      653
      1,273
      -161
      77
      -136
      -85
      -71
      -59
      14
      50
      5
      -4
      66
      70
      7
      64
      131
      -135
      -2,750
      -112
      -70
      -24
      -93
      594
      -12
      156
      -174
      20
      -11,711
      13
      -139
      -65
      -279
      -45
      -38
      7,086
      25
      -18
      -131
      -30
      -52
      -62
      -74
      -274
      -67
      -32
      -537
      -221
      -1,033
      -4,696
      8,659
      -124
      -61
      -51
      -58
      -71
      -337
      -111
      -53
      -1
      144
       
      3
      1
      -147
      -47
      -17
      -62
      -63
      -60
      -327
      -77
      -48
      -2,713
      1,164
      -171
      -55
      -16
      -15
      -58
      -66
      -65
      -17
      -105
      -86
      -40
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 8,032
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 121,900 3,818,023 0.031928
2009 134,669 3,360,104 0.040079
2008 103,293 3,777,527 0.027344
2007      
2006      
2 Total of line 1, column (d) ...................... 2 0.099351
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 0.033117
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 4,008,967
5 Multiply line 4 by line 3....................... 5 132,765
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 879
7 Add lines 5 and 6......................... 7 133,644
8 Enter qualifying distributions from Part XII, line 4.............. 8 188,674
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 1 879
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............................ 3 879
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- ..... 5 879
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 1,178
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 1,178
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 299
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet299 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)bulletAL
    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 addressbulletN/A
    14
    The books are in care ofbulletREGIONS BANK TRUST DEPT Telephone no.bullet (251) 690-1024
    Located atbullet11 N WATER STREET 25TH FLOORMOBILEAL ZIP+4bullet36602
    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
    REGIONS BANK TRUST DEPT Trustee
    1     		36,387    
    1901 6TH AVENUE NORTH
    BIRMINGHAM,AL35203
    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
    4,070,017
    b
    Average of monthly cash balances.......................
    1b
    0
    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
    4,070,017
    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
    4,070,017
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    61,050
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,008,967
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    200,448
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    200,448
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    879
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    879
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    199,569
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    199,569
    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
    199,569
    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
    188,674
    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
    188,674
    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
    879
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    187,795
    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 7 199,569
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 180,596
    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$ 188,674
    a Applied to 2010, but not more than line 2a 180,596
    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..... 8,078
    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 ..........     		191,491
    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:
    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)
    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
    JENNINGS CHAPEL UNITED METHODIST
    CHURCH CEMETERY ASSOCIATION
    3802 HUNTER CREEK RD
    NORTHPORT,AL35473     		NONE EXEMPT SUPPORT OF RECIPIENT'S FUNCTIONS 35,066
    UNITED METHODIST CHILDRENS HOME
    LINDA C MOORE CFO
    3140 ZELDA COURT
    MONTGOMERY,AL36106     		NONE EXEMPT SUPPORT OF RECIPIENT'S FUNCTIONS 42,666
    ALABAMA SHERIFF'S YOUTH RANCH
    (ALABAMA BOYS AND GIRLS RANCH
    P O BOX 240009
    MONTGOMERY,AL361240009     		NONE EXEMPT SUPPORT OF RECIPIENT'S FUNCTIONS 42,666
    JENNINGS CHAPEL UMC LIVING MEMORIAL
    C/O W F CAMP TREASURER
    4001 70TH AVE
    NORTHPORT,AL35473     		NONE EXEMPT SUPPORT OF RECIPIENT'S FUNCTIONS 45,199
    REHOBETH METHODIST CHURCH
    ATTN MR JAMES A SHELTON
    606 LITTLE ROAD
    EQUALITY,AL36026     		NONE EXEMPT SUPPORT OF RECIPIENT'S FUNCTIONS 15,000
    Total .................................bullet 3a 180,597
    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     14 37  
    4 Dividends and interest from securities....     14 91,302  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     15 16,376  
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 8,032  
    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)..   115,747  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13115,747
    (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.)
    5B 0
    5B 0
    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:
    VERLIE P & JOHN L HARPER CHARITABLE TRUST
    EIN: 30-6046872
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 800     800

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    VERLIE P & JOHN L HARPER CHARITABLE TRUST
    EIN: 30-6046872
    Name of Bond End of Year Book Value End of Year Fair Market Value
    31371MLB1 - FNMA POOL 256022 83,569 84,933
    3138A8SR8 - FNMA POOL AH6827 25,219 25,353
    3138EGNK6 - FNMA POOL AL0393 19,214 19,338
    31402QYY1 - FNMA POOL 735227 7,235 7,252
    31402RFV6 - FNMA POOL 735580 26,780 26,851
    31403DDX4 - FNMA POOL 745418 27,229 26,982
    31403DGH6 - FNMA POOL 745500 26,705 26,823
    31410GW66 - FNMA POOL 889069 7,787 7,769
    31412NH82 - FNMA POOL 930055 109,207 111,476
    31414DPX8 - FNMA POOL 963138 38,782 39,115
    31419DMQ1 - FNMA POOL AE3066 25,635 25,862
    001055AC6 - AFLAC INC 8.5% 18,379 18,380
    00206RAM4 - AT&T INC 5.6% 17,565 18,591
    0258MODA4 - AMERICAN EXPRESS 18,321 18,095
    03253TBA5 - ANHEUSER-BUSCH 18,187 18,993
    06739GBB4 - BARCLAYS BANK PLC 17,801 18,077
    126408GN7 - CSX CORP 6.25% 17,795 18,282
    126650BR0 - CVS CAREMARK CORP 15,723 18,253
    12673PAC9 - CA INC 5.375% 17,809 18,543
    149123BQ3 - CATERPILLAR INC 17,417 18,638
    172967FE6 - CITIGROUP INC 18,029 17,591
    20030NAZ4 - COMCAST CORP 5.7% 17,568 18,561
    22546QAA5 - CREDIT SUISSE 5.5% 38,368 37,419
    25459HAN5 - DIRECTV HOLDGS 3.5 18,591 18,736
    26441CAG0 - DUKE ENERGY CORP 18,014 18,051
    369622SM8 - GEN ELEC CAP 5.3% 17,205 18,172
    36962G3P7 - GEN ELEC CAP 5.875 17,518 18,013
    38141EA25 - GOLDMAN SACHS GRP 17,644 17,671
    38141EA33 - GOLDMAN SACH GRP 6 18,802 18,747
    42809HAB3 - HESS CORP 8.125% 17,165 17,971
    428236BE2 - HEWLETT PACKARD CO 18,067 17,578
    458140AJ9 - INTEL CORP3.3% 17,977 18,962
    46625HHL7 - JP MORGAN CHASE 18,746 19,255
    50075NBB9 - KRAFT FOODS INC 17,704 18,457
    59018YN64 - MERRILL LYNCH & CO 18,716 17,747
    59022CAJ2 - MERRILL LYNCH 6.11 19,858 17,732
    61747YCJ2 - MORGAN STANLEY 5.6 18,100 17,596
    61747YCK9 - MORGAN STANLEY 4.2 19,550 18,324
    68323AAE4 - ONTARIO PROV 1.375 38,122 38,398
    68389XAC9 - ORACLE CORP 5.75% 18,049 19,419
    71645WAP6 - PETROBRAS INTL 36,385 37,454
    717081DB6 - PFIZER INC 6.2% 17,413 18,509
    74432QBP9 - PRUDENTIAL FINL 4. 17,864 18,100
    867914BE2 - SUNTRUST BKS 3.5% 18,007 18,093
    87425EAL7 - TALISMAN ENERGY 18,023 18,496
    87612EAP1 - TARGET CORP 5.375% 17,849 18,804
    87938WAP8 - TELEFONICAL EMISIO 19,206 18,131
    88166HAA5 - TEVA PHARMA FIN 18,006 18,139
    88732JAL2 - TIME WARNER CABLE 17,009 17,816
    89233PSF9 - TOYOTA MOTOR CREDI 17,988 18,551
    92343VAW4 - VERIZON COM 6% 14,938 18,598
    929903DT6 - WACHOVIA CORP 5.75 17,329 18,077

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    VERLIE P & JOHN L HARPER CHARITABLE TRUST
    EIN: 30-6046872
    Name of Stock End of Year Book Value End of Year Fair Market Value
    002824100 - ABBOTT LABS 29,459 28,113
    018490102 - ALLERGAN INC 16,559 26,322
    025816109 - AMERICAN EXPRESS C 14,811 18,868
    037411105 - APACHE CORPORATION 28,923 24,457
    052769106 - AUTO DESK INC 12,993 14,255
    111320107 - BROADCOM CORP CL A 15,962 13,212
    126650101 - CVS/CAREMARK CORP 19,189 20,390
    149123101 - CATERPILLAR INC 16,820 22,650
    166764100 - CHEVRON CORP 25,196 31,920
    17275R102 - CISCO SYSTEMS INC 14,483 10,848
    254687106 - WALT DISNEY CO 18,430 18,750
    268648102 - EMC CORP MASS 14,890 21,540
    278058102 - EATON CORP 14,449 17,412
    30231G102 - EXXON MOBIL CORP 31,275 33,904
    369604103 - GENERAL ELECTRIC 18,920 17,910
    38141G104 - GOLDMAN SACHS GROU 17,551 9,043
    38259P508 - GOOGLE INC CL A 21,736 22,607
    406216101 - HALLIBURTON CO 25,877 20,706
    418056107 - HASBRO INC 6,821 5,740
    458140100 - INTEL CORP 28,870 29,100
    46625H100 - J P MORGAN CHASE 16,355 13,300
    478160104 - JOHNSON & JOHNSON 28,631 26,232
    48203R104 - JUNIPER NETWORKS 15,899 12,246
    50540R409 - LABORATORY CORP AM 26,708 29,230
    577081102 - MATTELL INC 10,313 13,325
    580645109 - MCGRAW HILL INC 16,640 22,485
    61166W101 - MONSANTO CO NEW 17,723 18,919
    653396F101 - NEXTERA ENERGY IN 16,018 18,264
    655844108 - NORFOLK SOUTHERN 29,257 29,144
    674599105 - OCCIDENTAL PETE 16,571 16,866
    68389X105 - ORACLE CORPORATION 16,288 17,955
    713448108 - PEPSICO INC 27,543 26,540
    718172109 - PHILIP MORRIS INTL 9,388 21,504
    74005P104 - PRAXAIR INC 11,701 12,828
    742718109 - PROCTER & GAMBLE C 27,632 26,684
    744320102 - PRUDENTIAL FINANCI 30,102 20,048
    747525103 - QUALCOMM INC 27,249 27,350
    806857108 - SCHLUMBERGER LTD 27,868 20,493
    855030102 - STAPLES INC 17,066 9,723
    857477103 - STATE STREET CORP 17,712 16,124
    863667101 - STRYKER CORP 26,614 19,884
    883556102 -THERMO FISHER SCIEN 18,183 15,290
    88579Y101 - 3M CO 14,698 16,346
    89417E109 - TRAVELERS COMPANIE 15,405 20,710
    913017109 - UNITED TECHNOLOGIE 13,252 14,618
    92343V104 - VERIZON 25,640 32,096
    92826C839 - VISA INC CLASS A 19,218 20,306
    931142103 - WAL MART STORES IN 28,984 29,880
    931422109 - WALGREEN CO 29,175 26,448
    881624209 - TEVA PHARMACEUTICA 12,881 12,108

    TY 2011 InvestmentsGovtObligationsSch
    Name:
    VERLIE P & JOHN L HARPER CHARITABLE TRUST
    EIN: 30-6046872
    US Government Securities - End of Year Book Value:

    536,931
    US Government Securities - End of Year Fair Market Value:

    551,426
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2011 InvestmentsOtherSchedule2
    Name:
    VERLIE P & JOHN L HARPER CHARITABLE TRUST
    EIN: 30-6046872
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    723622403 - PIONEER BOND FD Y AT COST 149,675 154,306
    314172636 - FEDERATED KAUFMAN AT COST 116,687 105,308
    72375Q405 - PIONEER MID CAP AT COST 118,859 106,436
    72387T793 - PIONEER SEL MID GR AT COST 121,504 127,653
    72387W762 - PIONEER GRWTH OPP AT COST 141,937 115,173
    315920686 - FIDELITY ADV DIVER AT COST 257,867 151,976

    TY 2011 OtherDecreasesSchedule
    Name:
    VERLIE P & JOHN L HARPER CHARITABLE TRUST
    EIN: 30-6046872
    Description Amount
    ROUNDING 2


    TY 2011 OtherExpensesSchedule
    Name:
    VERLIE P & JOHN L HARPER CHARITABLE TRUST
    EIN: 30-6046872
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER NON-ALLOCABLE EXPENSE - 1,400 1,400   0
    Rent and Royalty Expense 1,819      


    TY 2011 OtherIncomeSchedule2
    Name:
    VERLIE P & JOHN L HARPER CHARITABLE TRUST
    EIN: 30-6046872
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME   0 -13,080
    Royalty Income 13,080 13,080 13,080


    TY 2011 OtherIncreasesSchedule
    Name:
    VERLIE P & JOHN L HARPER CHARITABLE TRUST
    EIN: 30-6046872
    Description Amount
    OID ADJUSTMENT FOR TIPS 2,533
    ACCRETION 48


    TY 2011 TaxesSchedule
    Name:
    VERLIE P & JOHN L HARPER CHARITABLE TRUST
    EIN: 30-6046872
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 32 32   0
    FEDERAL TAX PAYMENT - PRIOR YE 1,302 0   0
    FEDERAL ESTIMATES - PRINCIPAL 1,178 0   0
    FOREIGN TAXES ON QUALIFIED FOR 208 208   0